{ "ticker": { "uuid": "a2265904-1ec9-4b35-ae64-25226e1c342c", "symbol": "ZIM", "name": "ZIM Integrated Shipping Services Ltd", "exchange": "NYSE", "country": "US", "assetType": "equity" }, "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.", "analysis": { "eligible": true, "as_of": "2026-08-07", "benchmark": "SPY", "stage": 2, "stage_name": "Advancing", "phase": "2b", "phase_label": "Stage 2B \u00b7 Advancing", "transition": "stage_2_healthy", "transition_label": "Stage 2 trend intact", "confidence": 89.214, "architecture_regime": "balance", "architecture_regime_label": "Balance", "architecture_modifier": "Upper balance after advance", "architecture_gate": "up", "architecture_direction": 35.824, "architecture_energy": 17.579, "architecture_maturity": 17.724, "architecture_confidence": 60.366, "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": 59.64, "rotation_up": 44.29, "upward_expansion": 50.55, "deceleration": 58.44, "rotation_down": 15.38, "downward_expansion": 21.88 }, "activity_lines": [ 25.502, 25.267636, 25.324476, 25.417235 ], "activity_state": "Compressed", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": -0.166667 }, "latest_close": 26.9, "trend_reference": 25.036785, "distance_from_trend": 0.074419, "trend_direction": "Improving", "fair_value": 14.410318, "distance_from_fair_value": 0.866718, "fair_value_direction": "Weakening", "relative_strength": 14.5535, "relative_strength_direction": "Weakening", "price_momentum": 0.345004, "excess_performance": 0.219379, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.074419, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.09925, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.866718, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.178784, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.145535, "read": "Leading" }, { "label": "Relative strength direction", "positive": false, "value": -0.126424, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.345004, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 1.140239, "read": "Demand-led" } ], "volume": { "latest": 9177824, "relative_activity": 1.508226, "balance": 1.140239, "dry_up": 0.875209, "accumulation_observations": 1, "distribution_observations": 1 }, "risk": { "range_context": 0.066563, "annualized_volatility": 0.478176, "from_high_reference": -0.081911, "from_low_reference": 1.292088 }, "levels": { "trend_reference": 25.036785, "fair_value_reference": 14.410318, "structural_low": 19.874215, "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 9, "median_return": -0.002981, "positive_rate": 0.444444, "directional_follow_through": 0.444444, "median_excess_return": -0.016983, "regime_survival": 0.444444, "best_return": 0.212651, "worst_return": -0.160646, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 5, "median_return": -0.013466, "positive_rate": 0.2, "directional_follow_through": 0.2, "median_excess_return": -0.060625, "regime_survival": 0.4, "best_return": 0.408026, "worst_return": -0.139332, "sufficient": true }, { "horizon": "Extended", "sample_count": 3, "median_return": 0.170815, "positive_rate": 0.666667, "directional_follow_through": 0.666667, "median_excess_return": 0.114334, "regime_survival": 0.333333, "best_return": 0.408166, "worst_return": -0.499274, "sufficient": false }, { "horizon": "Full cycle", "sample_count": 2, "median_return": 0.587776, "positive_rate": 1.0, "directional_follow_through": 1.0, "median_excess_return": 0.362846, "regime_survival": 0.0, "best_return": 0.648702, "worst_return": 0.526851, "sufficient": false } ], "ledger": [ { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-10-04", "end": "2025-01-10", "tenure": "Established", "return": 0.192999, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-01-17", "end": "2025-04-11", "tenure": "Established", "return": -0.000686, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-04-18", "end": "2025-05-09", "tenure": "New", "return": 0.034808, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-05-16", "end": "2025-05-30", "tenure": "New", "return": -0.048009, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-06-06", "end": "2025-06-13", "tenure": "New", "return": -0.002847, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-06-20", "end": "2025-07-11", "tenure": "New", "return": -0.035693, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-07-18", "end": "2025-08-29", "tenure": "Developing", "return": -0.120801, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-09-05", "end": "2025-10-10", "tenure": "Developing", "return": -0.077835, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-10-17", "end": "2025-11-07", "tenure": "New", "return": 0.095167, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-11-14", "end": "2025-11-21", "tenure": "New", "return": 0.054931, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-11-28", "end": "2025-12-12", "tenure": "New", "return": -0.066079, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-12-19", "end": "2026-05-15", "tenure": "Established", "return": 0.374192, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-05-22", "end": "2026-07-17", "tenure": "Developing", "return": -0.037242, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-07-24", "end": "2026-08-07", "tenure": "New", "return": 0.080321, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 7.446449, "volume": 20128695, "typical_volume": 17996487.2, "trend": 9.404943, "fair_value": 12.447425, "relative_strength": -28.660845, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -48.793551, "energy": 26.34939, "activity_lines": [ 8.342024, 8.198627, 8.448402, 8.929912 ] }, { "date": "2023-08-25", "close": 7.122168, "volume": 10210609, "typical_volume": 16587803.25, "trend": 9.361736, "fair_value": 12.407978, "relative_strength": -30.93403, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -70.740293, "energy": 44.403457, "activity_lines": [ 7.886029, 8.033648, 8.262984, 8.782636 ] }, { "date": "2023-09-01", "close": 7.350365, "volume": 9607530, "typical_volume": 15432989.65, "trend": 9.262203, "fair_value": 12.37079, "relative_strength": -29.390647, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.0759, "energy": 66.194282, "activity_lines": [ 7.582566, 7.922606, 8.115113, 8.65287 ] }, { "date": "2023-09-08", "close": 6.869949, "volume": 7837991, "typical_volume": 14904626.4, "trend": 9.152536, "fair_value": 12.330638, "relative_strength": -32.238992, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -74.338504, "energy": 80.591311, "activity_lines": [ 7.238268, 7.723561, 7.948397, 8.498531 ] }, { "date": "2023-09-15", "close": 6.60572, "volume": 11055676, "typical_volume": 14272471.6, "trend": 9.038585, "fair_value": 12.289153, "relative_strength": -33.87121, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -75.84428, "energy": 83.62568, "activity_lines": [ 6.950018, 7.486847, 7.778851, 8.334221 ] }, { "date": "2023-09-22", "close": 6.857939, "volume": 13351365, "typical_volume": 14180186.5, "trend": 8.905598, "fair_value": 12.250079, "relative_strength": -28.589774, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.777941, "energy": 76.684801, "activity_lines": [ 6.876355, 7.314662, 7.650682, 8.193534 ] }, { "date": "2023-09-29", "close": 6.275434, "volume": 11767911, "typical_volume": 14257680.4, "trend": 8.776868, "fair_value": 12.207403, "relative_strength": -33.526161, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -77.599769, "energy": 77.560927, "activity_lines": [ 6.647757, 7.050979, 7.484338, 8.023846 ] }, { "date": "2023-10-06", "close": 5.867081, "volume": 11131452, "typical_volume": 14179459.55, "trend": 8.677349, "fair_value": 12.162437, "relative_strength": -37.43993, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -80.174644, "energy": 74.554061, "activity_lines": [ 6.33949, 6.749299, 7.29812, 7.836118 ] }, { "date": "2023-10-13", "close": 5.861076, "volume": 13331232, "typical_volume": 12830266.1, "trend": 8.511134, "fair_value": 12.118061, "relative_strength": -36.93314, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -75.277637, "energy": 70.601514, "activity_lines": [ 6.128107, 6.506034, 7.133463, 7.654423 ] }, { "date": "2023-10-20", "close": 5.086405, "volume": 9779120, "typical_volume": 12389652.0, "trend": 8.33146, "fair_value": 12.068888, "relative_strength": -43.252615, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -86.584708, "energy": 90.128375, "activity_lines": [ 5.725759, 6.17957, 6.906524, 7.433472 ] }, { "date": "2023-10-27", "close": 4.888233, "volume": 12930744, "typical_volume": 12242291.0, "trend": 8.138848, "fair_value": 12.019023, "relative_strength": -43.453008, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -83.984194, "energy": 92.14143, "activity_lines": [ 5.358641, 5.880292, 6.677068, 7.211329 ] }, { "date": "2023-11-03", "close": 4.738103, "volume": 13262443, "typical_volume": 12142986.05, "trend": 7.948683, "fair_value": 11.968809, "relative_strength": -47.549256, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -80.680747, "energy": 91.458823, "activity_lines": [ 5.072793, 5.600232, 6.446983, 6.991926 ] }, { "date": "2023-11-10", "close": 4.437843, "volume": 11129516, "typical_volume": 12218751.75, "trend": 7.663236, "fair_value": 11.917228, "relative_strength": -50.74267, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -81.869916, "energy": 92.478523, "activity_lines": [ 4.789347, 5.308925, 6.202914, 6.76542 ] }, { "date": "2023-11-17", "close": 4.575963, "volume": 29908132, "typical_volume": 13187708.6, "trend": 7.430435, "fair_value": 11.867287, "relative_strength": -49.6418, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -72.395763, "energy": 88.702863, "activity_lines": [ 4.647224, 5.095686, 5.985698, 6.566241 ] }, { "date": "2023-11-24", "close": 4.143588, "volume": 13389818, "typical_volume": 13406521.75, "trend": 7.226858, "fair_value": 11.8151, "relative_strength": -54.123469, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -81.336455, "energy": 89.798888, "activity_lines": [ 4.446651, 4.845542, 5.740943, 6.354186 ] }, { "date": "2023-12-01", "close": 4.575963, "volume": 21738819, "typical_volume": 13663157.0, "trend": 7.029688, "fair_value": 11.766515, "relative_strength": -49.16719, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.606704, "energy": 67.112364, "activity_lines": [ 4.453056, 4.718777, 5.553981, 6.183161 ] }, { "date": "2023-12-08", "close": 4.419828, "volume": 17808538, "typical_volume": 13658022.1, "trend": 6.834719, "fair_value": 11.717537, "relative_strength": -50.430989, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.235568, "energy": 65.237417, "activity_lines": [ 4.428235, 4.605115, 5.36679, 6.014783 ] }, { "date": "2023-12-15", "close": 5.789013, "volume": 29583248, "typical_volume": 14407152.6, "trend": 6.677182, "fair_value": 11.678275, "relative_strength": -36.046114, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -51.477335, "energy": 46.386101, "activity_lines": [ 4.881027, 4.774134, 5.328329, 5.947318 ] }, { "date": "2023-12-22", "close": 6.954022, "volume": 50733241, "typical_volume": 16368166.65, "trend": 6.633144, "fair_value": 11.647195, "relative_strength": -23.393614, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -9.149608, "energy": 20.04742, "activity_lines": [ 5.632077, 5.156393, 5.416777, 5.965179 ] }, { "date": "2023-12-29", "close": 5.927133, "volume": 36141711, "typical_volume": 17741389.55, "trend": 6.546669, "fair_value": 11.609809, "relative_strength": -34.395876, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -21.496316, "energy": 27.930851, "activity_lines": [ 5.882294, 5.332072, 5.41732, 5.91963 ] }, { "date": "2024-01-05", "close": 8.761587, "volume": 65878156, "typical_volume": 20028862.6, "trend": 6.580098, "fair_value": 11.591314, "relative_strength": -1.336741, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 49.547437, "energy": 50.528254, "activity_lines": [ 6.958426, 6.007821, 5.700365, 6.062527 ] }, { "date": "2024-01-12", "close": 8.083, "volume": 65402365, "typical_volume": 22788450.4, "trend": 6.589306, "fair_value": 11.568679, "relative_strength": -10.410591, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 38.194495, "energy": 49.126068, "activity_lines": [ 7.52932, 6.489766, 5.91252, 6.159489 ] }, { "date": "2024-01-19", "close": 7.728693, "volume": 35430764, "typical_volume": 24079612.1, "trend": 6.603118, "fair_value": 11.544064, "relative_strength": -14.898045, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 28.014654, "energy": 60.368476, "activity_lines": [ 7.737901, 6.846474, 6.086356, 6.232998 ] }, { "date": "2024-01-26", "close": 8.070989, "volume": 36017628, "typical_volume": 25488593.95, "trend": 6.624136, "fair_value": 11.576016, "relative_strength": -11.629839, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 32.86383, "energy": 64.873775, "activity_lines": [ 7.931268, 7.205585, 6.290991, 6.327699 ] }, { "date": "2024-02-02", "close": 7.920859, "volume": 67551240, "typical_volume": 28313372.15, "trend": 6.633745, "fair_value": 11.602508, "relative_strength": -13.655695, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 35.169877, "energy": 41.581579, "activity_lines": [ 8.000128, 7.473854, 6.475608, 6.411359 ] }, { "date": "2024-02-09", "close": 7.140183, "volume": 35661938, "typical_volume": 29428900.8, "trend": 6.61673, "fair_value": 11.615243, "relative_strength": -22.341486, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 29.76465, "energy": 30.468772, "activity_lines": [ 7.675847, 7.531504, 6.579612, 6.444032 ] }, { "date": "2024-02-16", "close": 7.572558, "volume": 20897295, "typical_volume": 29885370.0, "trend": 6.59351, "fair_value": 11.628041, "relative_strength": -16.499687, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 17.490991, "energy": 22.425645, "activity_lines": [ 7.603785, 7.621145, 6.723451, 6.505698 ] }, { "date": "2024-02-23", "close": 7.398407, "volume": 13814272, "typical_volume": 30019511.0, "trend": 6.53546, "fair_value": 11.642727, "relative_strength": -18.620394, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 40.157566, "energy": 25.657098, "activity_lines": [ 7.507702, 7.6218, 6.844527, 6.557627 ] }, { "date": "2024-03-01", "close": 7.212246, "volume": 21106639, "typical_volume": 30408281.35, "trend": 6.474807, "fair_value": 11.657271, "relative_strength": -20.467402, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 36.95477, "energy": 20.006236, "activity_lines": [ 7.371584, 7.559346, 6.940582, 6.601291 ] }, { "date": "2024-03-08", "close": 6.599715, "volume": 23847503, "typical_volume": 31111700.5, "trend": 6.40935, "fair_value": 11.658119, "relative_strength": -26.227412, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 30.697827, "energy": 16.89236, "activity_lines": [ 7.088539, 7.380828, 6.971866, 6.609349 ] }, { "date": "2024-03-15", "close": 5.674914, "volume": 49258441, "typical_volume": 32928085.35, "trend": 6.350299, "fair_value": 11.648113, "relative_strength": -35.316224, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 6.769456, "energy": 13.073056, "activity_lines": [ 6.585303, 7.021935, 6.907868, 6.561966 ] }, { "date": "2024-03-22", "close": 5.752982, "volume": 15657863, "typical_volume": 33047856.35, "trend": 6.30466, "fair_value": 11.642236, "relative_strength": -34.703669, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -21.509313, "energy": 24.344117, "activity_lines": [ 6.205774, 6.733358, 6.847558, 6.52343 ] }, { "date": "2024-03-29", "close": 6.077263, "volume": 9751739, "typical_volume": 32978967.5, "trend": 6.262223, "fair_value": 11.637716, "relative_strength": -30.090009, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -16.071071, "energy": 25.519917, "activity_lines": [ 6.055644, 6.546105, 6.8133, 6.508759 ] }, { "date": "2024-04-05", "close": 6.701804, "volume": 19306720, "typical_volume": 32448896.9, "trend": 6.256618, "fair_value": 11.629695, "relative_strength": -21.030768, "stage": 1, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -15.967851, "energy": 26.044121, "activity_lines": [ 6.201771, 6.502431, 6.830715, 6.537119 ] }, { "date": "2024-04-12", "close": 6.065252, "volume": 14088445, "typical_volume": 32483828.25, "trend": 6.238603, "fair_value": 11.616248, "relative_strength": -25.716273, "stage": 1, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -19.442868, "energy": 33.652523, "activity_lines": [ 6.169743, 6.367914, 6.777383, 6.524773 ] }, { "date": "2024-04-19", "close": 6.107289, "volume": 12826236, "typical_volume": 32038199.1, "trend": 6.213581, "fair_value": 11.602134, "relative_strength": -21.305055, "stage": 4, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -17.070612, "energy": 19.845885, "activity_lines": [ 6.187358, 6.274779, 6.718904, 6.516301 ] }, { "date": "2024-04-26", "close": 7.938875, "volume": 26531235, "typical_volume": 32474333.95, "trend": 6.269029, "fair_value": 11.591536, "relative_strength": 0.820068, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 48.117719, "energy": 26.050167, "activity_lines": [ 6.786677, 6.53344, 6.82757, 6.62761 ] }, { "date": "2024-05-03", "close": 7.734698, "volume": 16473665, "typical_volume": 31818854.8, "trend": 6.331283, "fair_value": 11.576131, "relative_strength": -1.044695, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 49.534165, "energy": 33.27418, "activity_lines": [ 7.172211, 6.748317, 6.900032, 6.72217 ] }, { "date": "2024-05-10", "close": 10.563148, "volume": 40518811, "typical_volume": 31308133.3, "trend": 6.488019, "fair_value": 11.580384, "relative_strength": 33.508751, "stage": 1, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 86.265049, "energy": 81.222397, "activity_lines": [ 8.390066, 7.471343, 7.232606, 6.995193 ] }, { "date": "2024-05-17", "close": 11.24774, "volume": 31437577, "typical_volume": 31072926.6, "trend": 6.693396, "fair_value": 11.58098, "relative_strength": 40.604281, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 88.82241, "energy": 93.658199, "activity_lines": [ 9.578695, 8.257915, 7.613193, 7.302272 ] }, { "date": "2024-05-24", "close": 12.634942, "volume": 38559020, "typical_volume": 29706969.8, "trend": 6.95162, "fair_value": 11.58579, "relative_strength": 57.172857, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 91.445665, "energy": 96.47307, "activity_lines": [ 10.884226, 9.212196, 8.100558, 7.685598 ] }, { "date": "2024-05-31", "close": 13.535722, "volume": 25165536, "typical_volume": 27695128.35, "trend": 7.244874, "fair_value": 11.606898, "relative_strength": 67.877517, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 91.842212, "energy": 96.933037, "activity_lines": [ 12.054839, 10.203709, 8.655267, 8.110378 ] }, { "date": "2024-06-07", "close": 11.860988, "volume": 53278860, "typical_volume": 28587533.15, "trend": 7.492312, "fair_value": 11.606516, "relative_strength": 44.568099, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 68.188225, "energy": 88.129097, "activity_lines": [ 12.294085, 10.749221, 9.024512, 8.408192 ] }, { "date": "2024-06-14", "close": 11.247907, "volume": 30650965, "typical_volume": 28319200.0, "trend": 7.71471, "fair_value": 11.6091, "relative_strength": 34.414956, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.219305, "energy": 73.356322, "activity_lines": [ 12.053885, 11.078105, 9.315691, 8.650489 ] }, { "date": "2024-06-21", "close": 11.927759, "volume": 14801759, "typical_volume": 25681725.95, "trend": 7.974183, "fair_value": 11.605206, "relative_strength": 40.79148, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.463006, "energy": 60.254534, "activity_lines": [ 11.994652, 11.447942, 9.656489, 8.922298 ] }, { "date": "2024-06-28", "close": 13.457426, "volume": 16868847, "typical_volume": 24742071.4, "trend": 8.270231, "fair_value": 11.623152, "relative_strength": 57.432172, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 75.963663, "energy": 60.569759, "activity_lines": [ 12.399972, 11.989309, 10.12389, 9.276056 ] }, { "date": "2024-07-05", "close": 13.421005, "volume": 15402030, "typical_volume": 24467308.15, "trend": 8.570271, "fair_value": 11.641079, "relative_strength": 52.831053, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 70.786965, "energy": 57.835133, "activity_lines": [ 12.738321, 12.390415, 10.55774, 9.608364 ] }, { "date": "2024-07-12", "close": 10.349531, "volume": 40353267, "typical_volume": 25794257.9, "trend": 8.722288, "fair_value": 11.645276, "relative_strength": 16.557039, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 47.635044, "energy": 40.193641, "activity_lines": [ 12.060492, 12.133396, 10.671219, 9.723155 ] }, { "date": "2024-07-19", "close": 10.27669, "volume": 20634659, "typical_volume": 25770658.9, "trend": 8.833044, "fair_value": 11.649072, "relative_strength": 18.030677, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 42.807151, "energy": 30.671778, "activity_lines": [ 11.459147, 11.815591, 10.763707, 9.823439 ] }, { "date": "2024-07-26", "close": 10.337391, "volume": 17243233, "typical_volume": 25440445.4, "trend": 8.980052, "fair_value": 11.651074, "relative_strength": 19.908722, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 35.793032, "energy": 22.048694, "activity_lines": [ 10.942783, 11.514031, 10.847384, 9.920493 ] }, { "date": "2024-08-02", "close": 11.527132, "volume": 22532555, "typical_volume": 24104151.1, "trend": 9.072237, "fair_value": 11.654939, "relative_strength": 36.416974, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 34.190829, "energy": 24.611701, "activity_lines": [ 10.929024, 11.44534, 11.026571, 10.084821 ] }, { "date": "2024-08-09", "close": 11.120435, "volume": 14021274, "typical_volume": 24022321.65, "trend": 9.173485, "fair_value": 11.653258, "relative_strength": 31.362121, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 31.845881, "energy": 20.369422, "activity_lines": [ 10.908386, 11.322845, 11.139158, 10.216963 ] }, { "date": "2024-08-16", "close": 11.569623, "volume": 14615140, "typical_volume": 24265491.7, "trend": 9.301516, "fair_value": 11.65178, "relative_strength": 30.845657, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 37.673093, "energy": 19.007792, "activity_lines": [ 11.190848, 11.325936, 11.268965, 10.371553 ] }, { "date": "2024-08-23", "close": 12.243404, "volume": 55326000, "typical_volume": 26066455.7, "trend": 9.440596, "fair_value": 11.646561, "relative_strength": 35.66206, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 56.528102, "energy": 32.125581, "activity_lines": [ 11.616565, 11.456829, 11.436787, 10.561352 ] }, { "date": "2024-08-30", "close": 11.644588, "volume": 30365567, "typical_volume": 26880311.8, "trend": 9.564721, "fair_value": 11.628704, "relative_strength": 28.03751, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 39.226088, "energy": 26.292476, "activity_lines": [ 11.711562, 11.460747, 11.521191, 10.703545 ] }, { "date": "2024-09-06", "close": 10.312504, "volume": 20384406, "typical_volume": 27258220.3, "trend": 9.670465, "fair_value": 11.59467, "relative_strength": 17.800116, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 27.438949, "energy": 18.166371, "activity_lines": [ 11.275384, 11.227616, 11.452161, 10.751789 ] }, { "date": "2024-09-13", "close": 11.663709, "volume": 22151265, "typical_volume": 27039221.8, "trend": 9.806836, "fair_value": 11.567931, "relative_strength": 27.241685, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 35.65501, "energy": 19.673514, "activity_lines": [ 11.370584, 11.29734, 11.491793, 10.880385 ] }, { "date": "2024-09-20", "close": 12.785465, "volume": 20452991, "typical_volume": 27238188.1, "trend": 9.986405, "fair_value": 11.553013, "relative_strength": 36.506089, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 50.337251, "energy": 26.126717, "activity_lines": [ 11.803484, 11.60297, 11.620522, 11.072555 ] }, { "date": "2024-09-27", "close": 15.449634, "volume": 38657285, "typical_volume": 27145111.8, "trend": 10.260985, "fair_value": 11.56739, "relative_strength": 61.727386, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 78.996772, "energy": 61.880381, "activity_lines": [ 13.043384, 12.348704, 11.978929, 11.425021 ] }, { "date": "2024-10-04", "close": 12.077994, "volume": 51142750, "typical_volume": 28130370.45, "trend": 10.443594, "fair_value": 11.569687, "relative_strength": 25.058823, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 52.601336, "energy": 49.304263, "activity_lines": [ 12.945655, 12.38736, 11.992959, 11.542248 ] }, { "date": "2024-10-11", "close": 12.619751, "volume": 24556827, "typical_volume": 27430260.8, "trend": 10.675088, "fair_value": 11.57556, "relative_strength": 28.01094, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 53.559027, "energy": 52.858289, "activity_lines": [ 12.999618, 12.492869, 12.054631, 11.682645 ] }, { "date": "2024-10-18", "close": 14.57645, "volume": 27337594, "typical_volume": 27538863.7, "trend": 10.969204, "fair_value": 11.584424, "relative_strength": 44.517777, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 70.061428, "energy": 61.711158, "activity_lines": [ 13.551998, 12.934276, 12.302728, 11.934346 ] }, { "date": "2024-10-25", "close": 14.531834, "volume": 25509167, "typical_volume": 26150379.05, "trend": 11.251023, "fair_value": 11.590064, "relative_strength": 43.373769, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.915087, "energy": 41.377175, "activity_lines": [ 13.895323, 13.304735, 12.54162, 12.164193 ] }, { "date": "2024-11-01", "close": 15.487876, "volume": 21688008, "typical_volume": 25702231.2, "trend": 11.543892, "fair_value": 11.603797, "relative_strength": 52.258119, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 71.187443, "energy": 60.977528, "activity_lines": [ 14.440904, 13.795161, 12.858845, 12.437538 ] }, { "date": "2024-11-08", "close": 15.787436, "volume": 24245055, "typical_volume": 26174396.0, "trend": 11.867965, "fair_value": 11.619211, "relative_strength": 45.614788, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 69.374194, "energy": 67.53559, "activity_lines": [ 15.083789, 14.281062, 13.18441, 12.711315 ] }, { "date": "2024-11-15", "close": 16.635126, "volume": 25363323, "typical_volume": 26599119.8, "trend": 12.218893, "fair_value": 11.628168, "relative_strength": 53.737704, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 72.464773, "energy": 69.028363, "activity_lines": [ 15.761941, 14.845764, 13.572327, 13.018874 ] }, { "date": "2024-11-22", "close": 15.156448, "volume": 61312989, "typical_volume": 28894667.75, "trend": 12.459479, "fair_value": 11.634463, "relative_strength": 35.487675, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 61.419597, "energy": 55.540899, "activity_lines": [ 15.679509, 15.026658, 13.804286, 13.208394 ] }, { "date": "2024-11-29", "close": 14.04744, "volume": 43314062, "typical_volume": 29042707.5, "trend": 12.669903, "fair_value": 11.63165, "relative_strength": 22.450697, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 56.215958, "energy": 38.339195, "activity_lines": [ 15.188741, 14.942411, 13.922361, 13.310843 ] }, { "date": "2024-12-06", "close": 15.820507, "volume": 35141052, "typical_volume": 29768027.15, "trend": 12.845149, "fair_value": 11.64473, "relative_strength": 34.499315, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 59.695944, "energy": 36.619779, "activity_lines": [ 15.321288, 15.157594, 14.191691, 13.514108 ] }, { "date": "2024-12-13", "close": 15.005328, "volume": 35530580, "typical_volume": 30682394.5, "trend": 12.970402, "fair_value": 11.649443, "relative_strength": 26.769123, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 40.831636, "energy": 23.952287, "activity_lines": [ 15.159934, 15.21782, 14.356985, 13.653474 ] }, { "date": "2024-12-20", "close": 13.805204, "volume": 22222921, "typical_volume": 30666912.8, "trend": 13.00941, "fair_value": 11.641616, "relative_strength": 17.833756, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 35.392628, "energy": 17.362181, "activity_lines": [ 14.650679, 15.006617, 14.385753, 13.707332 ] }, { "date": "2024-12-27", "close": 16.530015, "volume": 17565090, "typical_volume": 30844103.6, "trend": 13.10922, "fair_value": 11.641922, "relative_strength": 38.144999, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 51.524012, "energy": 28.676796, "activity_lines": [ 15.238355, 15.269281, 14.66318, 13.934468 ] }, { "date": "2025-01-03", "close": 16.975344, "volume": 14810495, "typical_volume": 30853871.35, "trend": 13.279699, "fair_value": 11.649175, "relative_strength": 41.287821, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.596632, "energy": 40.142275, "activity_lines": [ 15.882904, 15.577394, 14.957259, 14.183895 ] }, { "date": "2025-01-10", "close": 14.40904, "volume": 24794435, "typical_volume": 29327293.1, "trend": 13.38507, "fair_value": 11.627197, "relative_strength": 21.415965, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 48.64983, "energy": 27.289637, "activity_lines": [ 15.476824, 15.374479, 14.981186, 14.256756 ] }, { "date": "2025-01-17", "close": 12.5296, "volume": 36859813, "typical_volume": 29652005.4, "trend": 13.405131, "fair_value": 11.603188, "relative_strength": 2.104271, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 15.005697, "energy": 9.873923, "activity_lines": [ 14.538362, 14.849463, 14.815807, 14.201565 ] }, { "date": "2025-01-24", "close": 12.733395, "volume": 20663320, "typical_volume": 29665951.1, "trend": 13.380997, "fair_value": 11.567399, "relative_strength": 1.594676, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 1.240487, "energy": 10.372857, "activity_lines": [ 13.83288, 14.420734, 14.665622, 14.158227 ] }, { "date": "2025-01-31", "close": 13.435354, "volume": 22917332, "typical_volume": 29704254.45, "trend": 13.381475, "fair_value": 11.529827, "relative_strength": 7.678394, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 7.183865, "energy": 20.383665, "activity_lines": [ 13.432838, 14.190574, 14.570762, 14.161734 ] }, { "date": "2025-02-07", "close": 13.654245, "volume": 21161562, "typical_volume": 29739683.0, "trend": 13.491632, "fair_value": 11.491288, "relative_strength": 8.786535, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -12.849856, "energy": 22.810747, "activity_lines": [ 13.312071, 14.031505, 14.488313, 14.179332 ] }, { "date": "2025-02-14", "close": 15.194027, "volume": 32487411, "typical_volume": 29431189.3, "trend": 13.655543, "fair_value": 11.463285, "relative_strength": 18.240147, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 18.220692, "energy": 14.409121, "activity_lines": [ 13.925971, 14.159546, 14.548372, 14.289164 ] }, { "date": "2025-02-21", "close": 15.782767, "volume": 17170360, "typical_volume": 27732569.8, "trend": 13.837056, "fair_value": 11.438624, "relative_strength": 23.517839, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 41.89823, "energy": 20.20189, "activity_lines": [ 14.683785, 14.406021, 14.66572, 14.426404 ] }, { "date": "2025-02-28", "close": 15.261959, "volume": 27408865, "typical_volume": 27875171.7, "trend": 13.96155, "fair_value": 11.40743, "relative_strength": 19.366554, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 38.266453, "energy": 24.861545, "activity_lines": [ 15.051119, 14.543668, 14.715824, 14.518333 ] }, { "date": "2025-03-07", "close": 15.662, "volume": 29889796, "typical_volume": 28002781.8, "trend": 14.112936, "fair_value": 11.366361, "relative_strength": 24.802907, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 44.653536, "energy": 31.182078, "activity_lines": [ 15.383229, 14.727564, 14.791446, 14.62804 ] }, { "date": "2025-03-14", "close": 13.767464, "volume": 46906001, "typical_volume": 29072623.5, "trend": 14.186197, "fair_value": 11.302933, "relative_strength": 10.966726, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 25.984283, "energy": 17.334163, "activity_lines": [ 14.935384, 14.58278, 14.681467, 14.605751 ] }, { "date": "2025-03-21", "close": 13.45045, "volume": 44238846, "typical_volume": 30200165.4, "trend": 14.226432, "fair_value": 11.239365, "relative_strength": 6.686616, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": -0.520174, "energy": 1.950101, "activity_lines": [ 14.374319, 14.438683, 14.544936, 14.558284 ] }, { "date": "2025-03-28", "close": 14.055485, "volume": 37961045, "typical_volume": 30885964.9, "trend": 14.306795, "fair_value": 11.173148, "relative_strength": 11.853116, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -14.451251, "energy": 11.795466, "activity_lines": [ 14.131172, 14.422021, 14.475729, 14.547255 ] }, { "date": "2025-04-04", "close": 11.367873, "volume": 41069538, "typical_volume": 31671275.65, "trend": 14.341974, "fair_value": 11.119486, "relative_strength": -1.304303, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -41.979877, "energy": 42.340634, "activity_lines": [ 13.107306, 13.888959, 14.158806, 14.357647 ] }, { "date": "2025-04-11", "close": 12.521004, "volume": 47518301, "typical_volume": 30981541.25, "trend": 14.370551, "fair_value": 11.078932, "relative_strength": 1.889954, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -58.275323, "energy": 58.248958, "activity_lines": [ 12.727422, 13.590384, 13.976788, 14.240165 ] }, { "date": "2025-04-18", "close": 12.521004, "volume": 18627299, "typical_volume": 29747203.1, "trend": 14.361735, "fair_value": 11.039801, "relative_strength": 2.381177, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -59.865932, "energy": 61.020051, "activity_lines": [ 12.556938, 13.308435, 13.807319, 14.120839 ] }, { "date": "2025-04-25", "close": 13.020391, "volume": 21781496, "typical_volume": 29079225.3, "trend": 14.28076, "fair_value": 11.001441, "relative_strength": 1.124498, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -57.290757, "energy": 56.05826, "activity_lines": [ 12.636014, 13.137887, 13.69268, 14.034301 ] }, { "date": "2025-05-02", "close": 13.991926, "volume": 18672065, "typical_volume": 28236299.55, "trend": 14.344558, "fair_value": 10.946248, "relative_strength": 4.77202, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -50.416898, "energy": 27.855596, "activity_lines": [ 13.067606, 13.183503, 13.683902, 14.015666 ] }, { "date": "2025-05-09", "close": 12.956833, "volume": 24194671, "typical_volume": 28334887.05, "trend": 14.355794, "fair_value": 10.889917, "relative_strength": -2.754877, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -40.679704, "energy": 21.018934, "activity_lines": [ 13.158404, 13.07348, 13.581369, 13.926136 ] }, { "date": "2025-05-16", "close": 16.643219, "volume": 48885659, "typical_volume": 29900915.5, "trend": 14.424686, "fair_value": 10.854918, "relative_strength": 18.011071, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -4.467964, "energy": 11.966277, "activity_lines": [ 14.372066, 13.675622, 13.83396, 14.073712 ] }, { "date": "2025-05-23", "close": 16.388986, "volume": 47905772, "typical_volume": 31555679.35, "trend": 14.486592, "fair_value": 10.804755, "relative_strength": 18.838541, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 22.826635, "energy": 25.560677, "activity_lines": [ 15.22617, 14.213698, 14.0618, 14.200441 ] }, { "date": "2025-05-30", "close": 15.8442, "volume": 26127965, "typical_volume": 31622355.85, "trend": 14.498469, "fair_value": 10.751852, "relative_strength": 12.803295, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 18.829719, "energy": 34.404265, "activity_lines": [ 15.640813, 14.605059, 14.240548, 14.288028 ] }, { "date": "2025-06-06", "close": 16.640983, "volume": 28226162, "typical_volume": 31190673.3, "trend": 14.526921, "fair_value": 10.739583, "relative_strength": 16.05339, "stage": 2, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 36.401838, "energy": 52.34117, "activity_lines": [ 16.132796, 15.097766, 14.488345, 14.426255 ] }, { "date": "2025-06-13", "close": 16.5936, "volume": 32442775, "typical_volume": 31779646.05, "trend": 14.525536, "fair_value": 10.730934, "relative_strength": 15.505786, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 61.439478, "energy": 64.417885, "activity_lines": [ 16.432382, 15.534849, 14.712052, 14.559589 ] }, { "date": "2025-06-20", "close": 15.664889, "volume": 36223637, "typical_volume": 32444961.3, "trend": 14.542484, "fair_value": 10.725596, "relative_strength": 8.853868, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 57.629904, "energy": 48.452252, "activity_lines": [ 16.179945, 15.708063, 14.828928, 14.633096 ] }, { "date": "2025-06-27", "close": 15.664889, "volume": 33624454, "typical_volume": 33068105.9, "trend": 14.596399, "fair_value": 10.727262, "relative_strength": 5.165118, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 54.078368, "energy": 33.728967, "activity_lines": [ 15.992731, 15.824115, 14.935188, 14.705509 ] }, { "date": "2025-07-04", "close": 14.935188, "volume": 16583979, "typical_volume": 32272934.3, "trend": 14.566889, "fair_value": 10.721353, "relative_strength": -1.357852, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 40.070367, "energy": 22.520182, "activity_lines": [ 15.610556, 15.750332, 14.962377, 14.727366 ] }, { "date": "2025-07-11", "close": 15.105767, "volume": 30479631, "typical_volume": 32938397.85, "trend": 14.570237, "fair_value": 10.712225, "relative_strength": -0.392099, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 34.734459, "energy": 18.639549, "activity_lines": [ 15.345842, 15.67275, 15.007045, 14.762133 ] }, { "date": "2025-07-18", "close": 14.669842, "volume": 18443722, "typical_volume": 32490140.7, "trend": 14.599058, "fair_value": 10.702698, "relative_strength": -4.212056, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 27.300088, "energy": 17.733944, "activity_lines": [ 15.038167, 15.495656, 15.01342, 14.768559 ] }, { "date": "2025-07-25", "close": 15.854422, "volume": 19880493, "typical_volume": 31989675.55, "trend": 14.576538, "fair_value": 10.690657, "relative_strength": 1.522844, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 34.450766, "energy": 18.631582, "activity_lines": [ 15.253603, 15.502796, 15.135431, 14.84955 ] }, { "date": "2025-08-01", "close": 14.612982, "volume": 16003004, "typical_volume": 30444525.7, "trend": 14.497793, "fair_value": 10.670385, "relative_strength": -4.232389, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 22.594185, "energy": 13.425024, "activity_lines": [ 15.04259, 15.29856, 15.138294, 14.851901 ] }, { "date": "2025-08-08", "close": 14.688795, "volume": 15602582, "typical_volume": 29012712.5, "trend": 14.507118, "fair_value": 10.646217, "relative_strength": -6.213005, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 11.43662, "energy": 8.859073, "activity_lines": [ 14.926975, 15.1404, 15.144351, 14.864224 ] }, { "date": "2025-08-15", "close": 15.456403, "volume": 46071652, "typical_volume": 29418242.85, "trend": 14.604678, "fair_value": 10.633222, "relative_strength": -2.492487, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 21.137046, "energy": 9.385997, "activity_lines": [ 15.083655, 15.142812, 15.217617, 14.925468 ] }, { "date": "2025-08-22", "close": 13.617934, "volume": 43642775, "typical_volume": 29546904.7, "trend": 14.634163, "fair_value": 10.616017, "relative_strength": -14.276074, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -23.847461, "energy": 18.026632, "activity_lines": [ 14.604137, 14.832495, 15.109119, 14.861807 ] }, { "date": "2025-08-29", "close": 12.89771, "volume": 24051960, "typical_volume": 28373587.65, "trend": 14.616241, "fair_value": 10.611302, "relative_strength": -18.718697, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -30.712061, "energy": 41.264862, "activity_lines": [ 13.954671, 14.445331, 14.921314, 14.749778 ] }, { "date": "2025-09-05", "close": 12.840142, "volume": 13537482, "typical_volume": 28119096.8, "trend": 14.589104, "fair_value": 10.611997, "relative_strength": -19.387847, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -32.054138, "energy": 51.469991, "activity_lines": [ 13.48313, 14.098013, 14.726233, 14.635191 ] }, { "date": "2025-09-12", "close": 12.973398, "volume": 18159720, "typical_volume": 27938008.0, "trend": 14.515083, "fair_value": 10.619986, "relative_strength": -19.731126, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -28.034315, "energy": 55.483806, "activity_lines": [ 13.174197, 13.826282, 14.542323, 14.530952 ] }, { "date": "2025-09-19", "close": 13.67775, "volume": 33599214, "typical_volume": 28684365.45, "trend": 14.444916, "fair_value": 10.644353, "relative_strength": -16.264483, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -31.439914, "energy": 53.382177, "activity_lines": [ 13.214408, 13.718284, 14.425717, 14.47693 ] }, { "date": "2025-09-26", "close": 13.268464, "volume": 17414427, "typical_volume": 28345353.25, "trend": 14.378466, "fair_value": 10.669584, "relative_strength": -18.071183, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -31.397712, "energy": 43.255414, "activity_lines": [ 13.236767, 13.561834, 14.271629, 14.40103 ] }, { "date": "2025-10-03", "close": 13.239909, "volume": 18972859, "typical_volume": 26849713.25, "trend": 14.29773, "fair_value": 10.69336, "relative_strength": -19.051674, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -30.013137, "energy": 28.326895, "activity_lines": [ 13.272906, 13.425672, 14.113336, 14.327575 ] }, { "date": "2025-10-10", "close": 11.840724, "volume": 24959122, "typical_volume": 25702380.75, "trend": 14.233505, "fair_value": 10.703889, "relative_strength": -25.582745, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -74.812901, "energy": 51.193618, "activity_lines": [ 12.819836, 13.08265, 13.837994, 14.169058 ] }, { "date": "2025-10-17", "close": 12.802069, "volume": 21189027, "typical_volume": 25455433.85, "trend": 14.211893, "fair_value": 10.725901, "relative_strength": -20.543532, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -56.665355, "energy": 43.89261, "activity_lines": [ 12.753843, 12.964822, 13.675868, 14.076708 ] }, { "date": "2025-10-24", "close": 13.059062, "volume": 14758871, "typical_volume": 24782069.3, "trend": 14.178679, "fair_value": 10.750859, "relative_strength": -20.099922, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -54.858987, "energy": 41.977927, "activity_lines": [ 12.784936, 12.928024, 13.552703, 14.002331 ] }, { "date": "2025-10-31", "close": 14.639094, "volume": 23561057, "typical_volume": 24337983.4, "trend": 14.287719, "fair_value": 10.785717, "relative_strength": -10.637989, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -26.55139, "energy": 20.137406, "activity_lines": [ 13.383952, 13.222092, 13.597074, 14.032036 ] }, { "date": "2025-11-07", "close": 14.020407, "volume": 17845274, "typical_volume": 23419065.25, "trend": 14.337699, "fair_value": 10.806654, "relative_strength": -12.593063, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -28.408541, "energy": 18.579191, "activity_lines": [ 13.685364, 13.385106, 13.59183, 14.01479 ] }, { "date": "2025-11-14", "close": 15.248264, "volume": 27575468, "typical_volume": 23116615.95, "trend": 14.428608, "fair_value": 10.841318, "relative_strength": -4.609826, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 9.282214, "energy": 21.077659, "activity_lines": [ 14.344028, 13.750954, 13.711355, 14.073536 ] }, { "date": "2025-11-21", "close": 16.085871, "volume": 33402835, "typical_volume": 23957558.75, "trend": 14.530791, "fair_value": 10.879085, "relative_strength": 2.712005, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 41.59341, "energy": 44.098385, "activity_lines": [ 15.054725, 14.225309, 13.912637, 14.180456 ] }, { "date": "2025-11-28", "close": 19.426783, "volume": 35335823, "typical_volume": 24200368.35, "trend": 14.711953, "fair_value": 10.947361, "relative_strength": 19.156948, "stage": 2, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 57.920698, "energy": 77.018404, "activity_lines": [ 16.66014, 15.250513, 14.426621, 14.496326 ] }, { "date": "2025-12-05", "close": 19.371315, "volume": 27619887, "typical_volume": 24659176.6, "trend": 14.925769, "fair_value": 11.017688, "relative_strength": 18.23643, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 62.917794, "energy": 84.419654, "activity_lines": [ 17.82255, 16.161104, 14.914746, 14.796931 ] }, { "date": "2025-12-12", "close": 18.143079, "volume": 16730662, "typical_volume": 24501685.05, "trend": 14.975764, "fair_value": 11.0831, "relative_strength": 11.245794, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 67.583355, "energy": 86.136469, "activity_lines": [ 18.260067, 16.737419, 15.263508, 15.004499 ] }, { "date": "2025-12-19", "close": 18.607294, "volume": 21920825, "typical_volume": 24797576.1, "trend": 15.049708, "fair_value": 11.151603, "relative_strength": 13.616368, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 68.069906, "energy": 86.047938, "activity_lines": [ 18.577478, 17.308987, 15.645583, 15.238791 ] }, { "date": "2025-12-26", "close": 20.647907, "volume": 18734506, "typical_volume": 24954172.3, "trend": 15.209831, "fair_value": 11.234115, "relative_strength": 24.122123, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 83.420775, "energy": 87.139385, "activity_lines": [ 19.351157, 18.128548, 16.202981, 15.599965 ] }, { "date": "2026-01-02", "close": 21.189492, "volume": 13668928, "typical_volume": 23334036.1, "trend": 15.361448, "fair_value": 11.320273, "relative_strength": 28.503576, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 81.619951, "energy": 76.646181, "activity_lines": [ 20.00123, 18.903927, 16.783583, 15.98575 ] }, { "date": "2026-01-09", "close": 21.663378, "volume": 22271966, "typical_volume": 22265495.65, "trend": 15.530441, "fair_value": 11.409816, "relative_strength": 28.688871, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 79.135891, "energy": 78.234001, "activity_lines": [ 20.69175, 19.617641, 17.382015, 16.392326 ] }, { "date": "2026-01-16", "close": 20.657578, "volume": 22188388, "typical_volume": 22172317.05, "trend": 15.696864, "fair_value": 11.488882, "relative_strength": 22.302414, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.316902, "energy": 63.088232, "activity_lines": [ 20.894199, 20.020768, 17.846346, 16.723109 ] }, { "date": "2026-01-23", "close": 21.373244, "volume": 12563867, "typical_volume": 22123636.3, "trend": 15.887142, "fair_value": 11.571926, "relative_strength": 26.011066, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 68.220561, "energy": 61.50359, "activity_lines": [ 21.16757, 20.43334, 18.341884, 17.089327 ] }, { "date": "2026-01-30", "close": 21.305546, "volume": 15172844, "typical_volume": 21974292.5, "trend": 16.099487, "fair_value": 11.642241, "relative_strength": 24.317574, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.629553, "energy": 57.637537, "activity_lines": [ 21.233979, 20.722241, 18.79034, 17.438902 ] }, { "date": "2026-02-06", "close": 19.99994, "volume": 14019426, "typical_volume": 20995303.1, "trend": 16.262627, "fair_value": 11.705318, "relative_strength": 16.388398, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 60.138005, "energy": 47.086198, "activity_lines": [ 20.821343, 20.678855, 19.074776, 17.690544 ] }, { "date": "2026-02-13", "close": 21.469955, "volume": 9320677, "typical_volume": 20590615.6, "trend": 16.489297, "fair_value": 11.778688, "relative_strength": 25.95727, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.920205, "energy": 47.287349, "activity_lines": [ 20.978016, 20.892324, 19.469108, 18.0265 ] }, { "date": "2026-02-20", "close": 28.307459, "volume": 66353262, "typical_volume": 22959635.75, "trend": 16.904398, "fair_value": 11.89061, "relative_strength": 62.416336, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 90.271478, "energy": 65.586583, "activity_lines": [ 23.426751, 22.310818, 20.475576, 18.788962 ] }, { "date": "2026-02-27", "close": 27.881928, "volume": 13878808, "typical_volume": 22405620.05, "trend": 17.346696, "fair_value": 12.004358, "relative_strength": 59.00404, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 88.416864, "energy": 89.964776, "activity_lines": [ 25.223651, 23.467136, 21.369767, 19.49719 ] }, { "date": "2026-03-06", "close": 26.895471, "volume": 11957173, "typical_volume": 21944027.35, "trend": 17.753586, "fair_value": 12.120017, "relative_strength": 55.026751, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 74.360417, "energy": 89.638323, "activity_lines": [ 26.25782, 24.275468, 22.093623, 20.11324 ] }, { "date": "2026-03-13", "close": 26.102436, "volume": 12086855, "typical_volume": 21810426.55, "trend": 18.108453, "fair_value": 12.217804, "relative_strength": 51.096483, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.593149, "energy": 87.169896, "activity_lines": [ 26.654981, 24.82602, 22.67484, 20.651876 ] }, { "date": "2026-03-20", "close": 25.88, "volume": 11823324, "typical_volume": 21223539.9, "trend": 18.517189, "fair_value": 12.316544, "relative_strength": 50.805638, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.743308, "energy": 82.545986, "activity_lines": [ 26.571165, 25.246803, 23.172762, 21.153266 ] }, { "date": "2026-03-27", "close": 26.19, "volume": 8298418, "typical_volume": 20746197.1, "trend": 18.960265, "fair_value": 12.416053, "relative_strength": 54.334017, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.018301, "energy": 60.938505, "activity_lines": [ 26.296679, 25.647284, 23.646679, 21.648286 ] }, { "date": "2026-04-03", "close": 26.3, "volume": 6317233, "typical_volume": 19683285.35, "trend": 19.408927, "fair_value": 12.5177, "relative_strength": 48.000053, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.482613, "energy": 55.671875, "activity_lines": [ 26.200023, 25.967175, 24.073122, 22.121817 ] }, { "date": "2026-04-10", "close": 26.39, "volume": 6034332, "typical_volume": 18314860.2, "trend": 19.856147, "fair_value": 12.603526, "relative_strength": 41.819879, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.387768, "energy": 53.397293, "activity_lines": [ 26.238829, 26.213853, 24.45551, 22.572209 ] }, { "date": "2026-04-17", "close": 27.01, "volume": 6120166, "typical_volume": 16854077.35, "trend": 20.300556, "fair_value": 12.702564, "relative_strength": 37.531065, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.534335, "energy": 56.778701, "activity_lines": [ 26.518, 26.480813, 24.847877, 23.033748 ] }, { "date": "2026-04-24", "close": 25.93, "volume": 5086530, "typical_volume": 15727409.5, "trend": 20.722607, "fair_value": 12.803071, "relative_strength": 30.206174, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 51.038724, "energy": 47.918441, "activity_lines": [ 26.376667, 26.423954, 25.101277, 23.396938 ] }, { "date": "2026-05-01", "close": 26.28, "volume": 4722865, "typical_volume": 15127019.65, "trend": 21.157277, "fair_value": 12.904282, "relative_strength": 29.706924, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 49.595459, "energy": 43.860346, "activity_lines": [ 26.348667, 26.34964, 25.356779, 23.755479 ] }, { "date": "2026-05-08", "close": 26.61, "volume": 15604612, "typical_volume": 14811209.0, "trend": 21.649586, "fair_value": 13.009033, "relative_strength": 27.195869, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 60.41319, "energy": 43.752165, "activity_lines": [ 26.424667, 26.372188, 25.604961, 24.107268 ] }, { "date": "2026-05-15", "close": 25.57, "volume": 5071172, "typical_volume": 14128042.3, "trend": 22.075183, "fair_value": 13.105539, "relative_strength": 21.452682, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 43.403343, "energy": 30.534339, "activity_lines": [ 26.133333, 26.228772, 25.715988, 24.360198 ] }, { "date": "2026-05-22", "close": 25.24, "volume": 4337461, "typical_volume": 13661468.95, "trend": 22.481215, "fair_value": 13.214288, "relative_strength": 18.427185, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 40.570485, "energy": 28.670409, "activity_lines": [ 25.786667, 26.049455, 25.772148, 24.564379 ] }, { "date": "2026-05-29", "close": 23.49, "volume": 5602294, "typical_volume": 12827985.35, "trend": 22.776245, "fair_value": 13.31024, "relative_strength": 8.355292, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 0.626019, "energy": 11.304722, "activity_lines": [ 24.974667, 25.567636, 25.642353, 24.629462 ] }, { "date": "2026-06-05", "close": 25.24, "volume": 5981025, "typical_volume": 12017617.2, "trend": 23.150231, "fair_value": 13.4223, "relative_strength": 18.92692, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 13.651724, "energy": 17.525602, "activity_lines": [ 24.908667, 25.447455, 25.670527, 24.788414 ] }, { "date": "2026-06-12", "close": 26.23, "volume": 4613066, "typical_volume": 11620077.15, "trend": 23.516289, "fair_value": 13.540397, "relative_strength": 22.299383, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 24.436257, "energy": 17.675289, "activity_lines": [ 25.242, 25.524545, 25.771165, 24.987109 ] }, { "date": "2026-06-19", "close": 24.34, "volume": 4728190, "typical_volume": 11097844.45, "trend": 23.791427, "fair_value": 13.649536, "relative_strength": 12.000462, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 1.729453, "energy": 10.365578, "activity_lines": [ 24.970667, 25.259273, 25.668676, 25.040252 ] }, { "date": "2026-06-26", "close": 25.58, "volume": 5140042, "typical_volume": 10653875.25, "trend": 23.996534, "fair_value": 13.765815, "relative_strength": 19.833291, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 15.62431, "energy": 10.444606, "activity_lines": [ 25.194667, 25.256727, 25.669832, 25.155644 ] }, { "date": "2026-07-03", "close": 25.57, "volume": 3746035, "typical_volume": 10375143.15, "trend": 24.203157, "fair_value": 13.880799, "relative_strength": 16.467821, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 26.074264, "energy": 14.737711, "activity_lines": [ 25.392667, 25.278364, 25.643464, 25.257157 ] }, { "date": "2026-07-10", "close": 23.97, "volume": 8996932, "typical_volume": 7507326.65, "trend": 24.397388, "fair_value": 13.98541, "relative_strength": 7.201532, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -1.577028, "energy": 7.171539, "activity_lines": [ 24.918667, 25.015636, 25.445191, 25.242115 ] }, { "date": "2026-07-17", "close": 24.3, "volume": 4859641, "typical_volume": 7056368.3, "trend": 24.587144, "fair_value": 14.088172, "relative_strength": 9.736756, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 3.737921, "energy": 8.489999, "activity_lines": [ 24.639333, 24.854909, 25.299002, 25.235832 ] }, { "date": "2026-07-24", "close": 24.9, "volume": 3481948, "typical_volume": 6632607.05, "trend": 24.728881, "fair_value": 14.189198, "relative_strength": 12.489888, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -20.107036, "energy": 15.045014, "activity_lines": [ 24.688667, 24.845273, 25.227012, 25.256016 ] }, { "date": "2026-07-31", "close": 25.19, "volume": 3783796, "typical_volume": 6217454.1, "trend": 24.862231, "fair_value": 14.292776, "relative_strength": 11.851173, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -18.272425, "energy": 16.024682, "activity_lines": [ 24.797333, 24.900545, 25.192143, 25.285766 ] }, { "date": "2026-08-07", "close": 26.9, "volume": 9177824, "typical_volume": 6085179.1, "trend": 25.036785, "fair_value": 14.410318, "relative_strength": 14.5535, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 35.823871, "energy": 17.579475, "activity_lines": [ 25.502, 25.267636, 25.324476, 25.417235 ] } ], "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." } } }