{ "ticker": { "uuid": "a36a7f96-90d2-42d6-8ff5-b03ee3b78efc", "symbol": "REX", "name": "REX American Resources Corporation", "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": 49.361, "architecture_regime": "deceleration", "architecture_regime_label": "Deceleration", "architecture_modifier": "Recompressing", "architecture_gate": "up", "architecture_direction": 0.598, "architecture_energy": 8.785, "architecture_maturity": 31.992, "architecture_confidence": 76.023, "architecture_tenure": "Developing", "architecture": { "interpretation": { "headline": "The upward structure remains, but its energy is decelerating.", "body": "Trend remains positive, but Activity or price acceptance is losing strength. This can become a healthy recompression, a re-acceleration, or a Rotation Down." }, "scores": { "balance": 58.97, "rotation_up": 22.51, "upward_expansion": 45.55, "deceleration": 73.28, "rotation_down": 34.65, "downward_expansion": 34.88 }, "activity_lines": [ 44.075333, 44.548727, 45.459762, 44.621914 ], "activity_state": "Compressed", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": -0.166667 }, "latest_close": 42.8, "trend_reference": 42.504, "distance_from_trend": 0.006964, "trend_direction": "Improving", "fair_value": 27.532564, "distance_from_fair_value": 0.554523, "fair_value_direction": "Weakening", "relative_strength": 0.905537, "relative_strength_direction": "Weakening", "price_momentum": 0.204277, "excess_performance": 0.078652, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.006964, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.099336, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.554523, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.418205, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.009055, "read": "Leading" }, { "label": "Relative strength direction", "positive": false, "value": -0.350912, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.204277, "read": "Positive" }, { "label": "Volume balance", "positive": false, "value": 0.62363, "read": "Supply-led" } ], "volume": { "latest": 997081, "relative_activity": 1.030515, "balance": 0.62363, "dry_up": 0.865902, "accumulation_observations": 1, "distribution_observations": 3 }, "risk": { "range_context": 0.074075, "annualized_volatility": 0.417367, "from_high_reference": -0.1979, "from_low_reference": 0.643941 }, "levels": { "trend_reference": 42.504, "fair_value_reference": 27.532564, "structural_low": 32.27, "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 8, "median_return": 0.027269, "positive_rate": 0.625, "directional_follow_through": 0.625, "median_excess_return": 0.015162, "regime_survival": 0.375, "best_return": 0.355889, "worst_return": -0.088018, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 4, "median_return": 0.080028, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": 0.050791, "regime_survival": 0.0, "best_return": 0.383963, "worst_return": -0.092819, "sufficient": false }, { "horizon": "Extended", "sample_count": 3, "median_return": 0.318713, "positive_rate": 0.666667, "directional_follow_through": 0.666667, "median_excess_return": 0.264535, "regime_survival": 0.0, "best_return": 0.503743, "worst_return": -0.133627, "sufficient": false }, { "horizon": "Full cycle", "sample_count": 2, "median_return": 0.430198, "positive_rate": 1.0, "directional_follow_through": 1.0, "median_excess_return": 0.153348, "regime_survival": 0.0, "best_return": 0.65692, "worst_return": 0.203476, "sufficient": false } ], "ledger": [ { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-02-02", "end": "2024-03-15", "tenure": "Developing", "return": 0.075581, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-03-22", "end": "2024-05-24", "tenure": "Developing", "return": 0.257181, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-05-31", "end": "2024-06-21", "tenure": "New", "return": -0.118424, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2024-06-28", "end": "2024-07-26", "tenure": "Developing", "return": 0.064707, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-08-02", "end": "2024-08-23", "tenure": "New", "return": 0.020094, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2024-08-30", "end": "2024-11-01", "tenure": "Developing", "return": -0.023153, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-11-08", "end": "2024-12-06", "tenure": "Developing", "return": -0.158969, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2024-12-13", "end": "2025-01-17", "tenure": "Developing", "return": 0.007483, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-01-24", "end": "2025-01-24", "tenure": "New", "return": 0.0, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-01-31", "end": "2025-05-02", "tenure": "Established", "return": -0.027325, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-05-09", "end": "2025-05-16", "tenure": "New", "return": 0.037172, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-05-23", "end": "2025-06-20", "tenure": "Developing", "return": 0.180135, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-06-27", "end": "2026-06-12", "tenure": "Extended", "return": 0.782194, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-06-19", "end": "2026-08-07", "tenure": "Developing", "return": -0.023723, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 18.45, "volume": 268208, "typical_volume": 348277.2, "trend": 16.247333, "fair_value": 14.904712, "relative_strength": 8.191299, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.719938, "energy": 66.017559, "activity_lines": [ 18.407, 18.060273, 17.314881, 16.727161 ] }, { "date": "2023-08-25", "close": 19.97, "volume": 332981, "typical_volume": 345860.15, "trend": 16.3845, "fair_value": 14.965908, "relative_strength": 15.968639, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 87.416099, "energy": 83.335076, "activity_lines": [ 18.964333, 18.467182, 17.647167, 16.967333 ] }, { "date": "2023-09-01", "close": 19.72, "volume": 504339, "typical_volume": 353341.95, "trend": 16.489833, "fair_value": 15.018429, "relative_strength": 11.344355, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 76.1889, "energy": 76.633047, "activity_lines": [ 19.299, 18.773, 17.928095, 17.182527 ] }, { "date": "2023-09-08", "close": 19.755, "volume": 224846, "typical_volume": 339092.75, "trend": 16.579833, "fair_value": 15.074957, "relative_strength": 12.53332, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 71.980921, "energy": 76.264289, "activity_lines": [ 19.545667, 19.026, 18.187119, 17.393183 ] }, { "date": "2023-09-15", "close": 19.595, "volume": 782479, "typical_volume": 361723.55, "trend": 16.688667, "fair_value": 15.129113, "relative_strength": 11.379694, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.98791, "energy": 71.805271, "activity_lines": [ 19.636333, 19.207182, 18.404643, 17.58771 ] }, { "date": "2023-09-22", "close": 19.765, "volume": 337247, "typical_volume": 361730.3, "trend": 16.801333, "fair_value": 15.190694, "relative_strength": 15.23857, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.787856, "energy": 58.438608, "activity_lines": [ 19.725333, 19.382, 18.612405, 17.786183 ] }, { "date": "2023-09-29", "close": 20.36, "volume": 426663, "typical_volume": 368915.7, "trend": 16.9155, "fair_value": 15.249263, "relative_strength": 19.068843, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 74.29491, "energy": 60.568154, "activity_lines": [ 19.925, 19.623909, 18.850095, 18.015774 ] }, { "date": "2023-10-06", "close": 18.985, "volume": 350328, "typical_volume": 373299.15, "trend": 17.037, "fair_value": 15.293301, "relative_strength": 10.346763, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 59.557214, "energy": 45.987077, "activity_lines": [ 19.640333, 19.570727, 18.928643, 18.14929 ] }, { "date": "2023-10-13", "close": 17.97, "volume": 287031, "typical_volume": 365585.9, "trend": 17.1385, "fair_value": 15.330342, "relative_strength": 3.957166, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 35.260699, "energy": 24.736752, "activity_lines": [ 19.066333, 19.319182, 18.891833, 18.209484 ] }, { "date": "2023-10-20", "close": 18.7, "volume": 700330, "typical_volume": 384113.95, "trend": 17.291167, "fair_value": 15.369487, "relative_strength": 10.446583, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 33.430331, "energy": 19.428863, "activity_lines": [ 18.854667, 19.204818, 18.922214, 18.310226 ] }, { "date": "2023-10-27", "close": 18.435, "volume": 398447, "typical_volume": 384307.1, "trend": 17.429167, "fair_value": 15.41, "relative_strength": 11.321689, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 26.802171, "energy": 22.449964, "activity_lines": [ 18.614333, 19.042636, 18.920048, 18.384022 ] }, { "date": "2023-11-03", "close": 19.11, "volume": 430871, "typical_volume": 362783.65, "trend": 17.593333, "fair_value": 15.452179, "relative_strength": 8.872236, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 28.790884, "energy": 20.239532, "activity_lines": [ 18.687667, 19.003455, 18.975405, 18.492462 ] }, { "date": "2023-11-10", "close": 18.435, "volume": 355148, "typical_volume": 356704.05, "trend": 17.727167, "fair_value": 15.482009, "relative_strength": 3.514681, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 12.966605, "energy": 10.293808, "activity_lines": [ 18.619333, 18.857182, 18.956, 18.546763 ] }, { "date": "2023-11-17", "close": 18.365, "volume": 364073, "typical_volume": 362808.25, "trend": 17.864667, "fair_value": 15.511143, "relative_strength": 0.846222, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 8.874758, "energy": 8.272913, "activity_lines": [ 18.564333, 18.721545, 18.920548, 18.587914 ] }, { "date": "2023-11-24", "close": 18.49, "volume": 196337, "typical_volume": 362030.45, "trend": 18.0095, "fair_value": 15.541015, "relative_strength": 0.543433, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 11.074622, "energy": 8.363425, "activity_lines": [ 18.524667, 18.633909, 18.892429, 18.628258 ] }, { "date": "2023-12-01", "close": 23.58, "volume": 645812, "typical_volume": 383001.7, "trend": 18.323833, "fair_value": 15.588793, "relative_strength": 26.653931, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 76.439128, "energy": 60.184117, "activity_lines": [ 20.195667, 19.491818, 19.344571, 18.987645 ] }, { "date": "2023-12-08", "close": 21.205, "volume": 607714, "typical_volume": 395288.15, "trend": 18.549333, "fair_value": 15.6314, "relative_strength": 13.173335, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 59.020458, "energy": 62.237703, "activity_lines": [ 20.732, 19.848545, 19.541595, 19.173527 ] }, { "date": "2023-12-15", "close": 21.95, "volume": 1399197, "typical_volume": 455460.55, "trend": 18.779, "fair_value": 15.688729, "relative_strength": 13.967082, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 62.79821, "energy": 69.840638, "activity_lines": [ 21.377, 20.325364, 19.793738, 19.392925 ] }, { "date": "2023-12-22", "close": 23.895, "volume": 814117, "typical_volume": 481460.2, "trend": 18.992833, "fair_value": 15.761122, "relative_strength": 22.325293, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 77.49893, "energy": 81.419968, "activity_lines": [ 22.436, 21.101909, 20.213381, 19.722989 ] }, { "date": "2023-12-29", "close": 23.65, "volume": 412479, "typical_volume": 491932.35, "trend": 19.209, "fair_value": 15.834231, "relative_strength": 20.229745, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 71.215357, "energy": 78.293263, "activity_lines": [ 23.044667, 21.726182, 20.582643, 20.023452 ] }, { "date": "2024-01-05", "close": 23.515, "volume": 479718, "typical_volume": 502507.85, "trend": 19.425667, "fair_value": 15.89562, "relative_strength": 20.84106, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 70.004695, "energy": 77.586893, "activity_lines": [ 23.264333, 22.235909, 20.915571, 20.301258 ] }, { "date": "2024-01-12", "close": 22.485, "volume": 809897, "typical_volume": 526353.65, "trend": 19.6115, "fair_value": 15.94813, "relative_strength": 13.101583, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 64.328903, "energy": 66.572897, "activity_lines": [ 23.145, 22.466, 21.126286, 20.498634 ] }, { "date": "2024-01-19", "close": 21.93, "volume": 542434, "typical_volume": 528258.4, "trend": 19.793667, "fair_value": 15.994135, "relative_strength": 8.732248, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 59.482282, "energy": 44.559192, "activity_lines": [ 22.755333, 22.533818, 21.272167, 20.648215 ] }, { "date": "2024-01-26", "close": 20.94, "volume": 616378, "typical_volume": 547835.0, "trend": 19.9115, "fair_value": 16.046635, "relative_strength": 2.608028, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 42.270499, "energy": 26.481305, "activity_lines": [ 22.037, 22.358091, 21.313238, 20.722172 ] }, { "date": "2024-02-02", "close": 20.64, "volume": 513322, "typical_volume": 534377.15, "trend": 20.014667, "fair_value": 16.088045, "relative_strength": -0.326563, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 30.748205, "energy": 21.110618, "activity_lines": [ 21.415667, 22.081, 21.320095, 20.769172 ] }, { "date": "2024-02-09", "close": 21.855, "volume": 449695, "typical_volume": 539999.55, "trend": 20.159667, "fair_value": 16.130759, "relative_strength": 4.0426, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 28.920405, "energy": 20.799556, "activity_lines": [ 21.4, 21.985727, 21.43769, 20.887903 ] }, { "date": "2024-02-16", "close": 22.03, "volume": 491557, "typical_volume": 543244.25, "trend": 20.298, "fair_value": 16.174754, "relative_strength": 5.066997, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 30.034005, "energy": 19.025969, "activity_lines": [ 21.553333, 21.953636, 21.562, 21.00857 ] }, { "date": "2024-02-23", "close": 21.665, "volume": 331564, "typical_volume": 542306.05, "trend": 20.412667, "fair_value": 16.21313, "relative_strength": 1.597219, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 29.748981, "energy": 14.570306, "activity_lines": [ 21.615333, 21.840182, 21.643595, 21.096763 ] }, { "date": "2024-03-01", "close": 21.65, "volume": 370053, "typical_volume": 546457.15, "trend": 20.527167, "fair_value": 16.234808, "relative_strength": 0.552013, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 31.861108, "energy": 17.97591, "activity_lines": [ 21.69, 21.729182, 21.711, 21.176591 ] }, { "date": "2024-03-08", "close": 21.95, "volume": 294730, "typical_volume": 526177.15, "trend": 20.634833, "fair_value": 16.257511, "relative_strength": 2.051925, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 36.189229, "energy": 21.1413, "activity_lines": [ 21.817333, 21.713545, 21.789452, 21.268387 ] }, { "date": "2024-03-15", "close": 22.2, "volume": 890896, "typical_volume": 550799.6, "trend": 20.759833, "fair_value": 16.294637, "relative_strength": 3.052125, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 41.862362, "energy": 23.966208, "activity_lines": [ 21.940667, 21.774273, 21.876238, 21.369366 ] }, { "date": "2024-03-22", "close": 22.28, "volume": 676172, "typical_volume": 563064.65, "trend": 20.836833, "fair_value": 16.342062, "relative_strength": 0.864772, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 44.165666, "energy": 33.310425, "activity_lines": [ 22.067667, 21.873455, 21.952714, 21.467441 ] }, { "date": "2024-03-29", "close": 29.355, "volume": 1093974, "typical_volume": 600005.95, "trend": 21.158, "fair_value": 16.435, "relative_strength": 31.189838, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 92.194236, "energy": 85.607822, "activity_lines": [ 24.536333, 23.262727, 22.687905, 22.017 ] }, { "date": "2024-04-05", "close": 29.4, "volume": 1428026, "typical_volume": 653203.6, "trend": 21.4795, "fair_value": 16.531303, "relative_strength": 31.295623, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 93.608241, "energy": 96.439275, "activity_lines": [ 26.507333, 24.525182, 23.375381, 22.548742 ] }, { "date": "2024-04-12", "close": 28.36, "volume": 574457, "typical_volume": 672109.6, "trend": 21.771667, "fair_value": 16.623654, "relative_strength": 27.393446, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 79.498678, "energy": 92.299339, "activity_lines": [ 27.615, 25.444727, 23.911262, 22.992645 ] }, { "date": "2024-04-19", "close": 28.12, "volume": 887846, "typical_volume": 684211.3, "trend": 22.050167, "fair_value": 16.719498, "relative_strength": 29.079513, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 68.254919, "energy": 88.538388, "activity_lines": [ 28.215333, 26.180273, 24.377286, 23.402215 ] }, { "date": "2024-04-26", "close": 28.52, "volume": 844989, "typical_volume": 696075.05, "trend": 22.322167, "fair_value": 16.816068, "relative_strength": 26.34796, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.631538, "energy": 86.983159, "activity_lines": [ 28.554333, 26.874636, 24.859786, 23.819624 ] }, { "date": "2024-05-03", "close": 28.565, "volume": 967683, "typical_volume": 674499.35, "trend": 22.6415, "fair_value": 16.910032, "relative_strength": 24.659667, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.615937, "energy": 67.232879, "activity_lines": [ 28.492333, 27.459182, 25.311738, 24.222387 ] }, { "date": "2024-05-10", "close": 29.585, "volume": 1285494, "typical_volume": 698068.2, "trend": 23.028667, "fair_value": 17.013782, "relative_strength": 25.600669, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 74.898176, "energy": 67.320113, "activity_lines": [ 28.823, 28.103727, 25.829333, 24.670355 ] }, { "date": "2024-05-17", "close": 28.3, "volume": 1001536, "typical_volume": 727521.05, "trend": 23.348667, "fair_value": 17.111859, "relative_strength": 17.345591, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 62.587143, "energy": 58.172604, "activity_lines": [ 28.713, 28.370364, 26.197452, 25.010441 ] }, { "date": "2024-05-24", "close": 28.01, "volume": 1363555, "typical_volume": 771712.9, "trend": 23.667833, "fair_value": 17.188814, "relative_strength": 15.623884, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 59.070967, "energy": 50.159545, "activity_lines": [ 28.510333, 28.468818, 26.51581, 25.311172 ] }, { "date": "2024-05-31", "close": 24.995, "volume": 908045, "typical_volume": 776620.3, "trend": 23.864, "fair_value": 17.250128, "relative_strength": 3.292299, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 37.104022, "energy": 28.643156, "activity_lines": [ 27.31, 27.913455, 26.525619, 25.396796 ] }, { "date": "2024-06-07", "close": 23.375, "volume": 850448, "typical_volume": 792021.0, "trend": 24.028667, "fair_value": 17.296795, "relative_strength": -4.747894, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 8.659357, "energy": 18.415434, "activity_lines": [ 25.804667, 27.014182, 26.36919, 25.365247 ] }, { "date": "2024-06-14", "close": 22.925, "volume": 841798, "typical_volume": 803292.0, "trend": 24.180667, "fair_value": 17.338921, "relative_strength": -8.219385, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -10.861932, "energy": 26.931787, "activity_lines": [ 24.495333, 26.141818, 26.163024, 25.294043 ] }, { "date": "2024-06-21", "close": 22.035, "volume": 1602723, "typical_volume": 857762.05, "trend": 24.298833, "fair_value": 17.381603, "relative_strength": -12.416228, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -36.469492, "energy": 43.319071, "activity_lines": [ 23.333333, 25.225364, 25.862643, 25.155613 ] }, { "date": "2024-06-28", "close": 22.795, "volume": 1440372, "typical_volume": 907295.9, "trend": 24.272667, "fair_value": 17.435566, "relative_strength": -9.425141, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -29.648826, "energy": 59.968246, "activity_lines": [ 22.842333, 24.562091, 25.628, 25.058591 ] }, { "date": "2024-07-05", "close": 21.36, "volume": 521381, "typical_volume": 908787.1, "trend": 24.277833, "fair_value": 17.478942, "relative_strength": -16.650217, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -42.415517, "energy": 71.373457, "activity_lines": [ 22.220667, 23.734727, 25.252214, 24.870677 ] }, { "date": "2024-07-12", "close": 23.305, "volume": 681926, "typical_volume": 926305.2, "trend": 24.323, "fair_value": 17.544316, "relative_strength": -10.008259, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -28.501189, "energy": 60.050195, "activity_lines": [ 22.489667, 23.391182, 25.064857, 24.807914 ] }, { "date": "2024-07-19", "close": 23.005, "volume": 745777, "typical_volume": 945091.4, "trend": 24.293333, "fair_value": 17.60672, "relative_strength": -9.454781, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -25.068393, "energy": 40.11238, "activity_lines": [ 22.663333, 23.088727, 24.841119, 24.722882 ] }, { "date": "2024-07-26", "close": 24.27, "volume": 550088, "typical_volume": 957859.3, "trend": 24.314, "fair_value": 17.67469, "relative_strength": -3.842594, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -10.539487, "energy": 20.528708, "activity_lines": [ 23.253333, 23.135909, 24.731405, 24.721376 ] }, { "date": "2024-08-02", "close": 23.39, "volume": 730380, "typical_volume": 949833.5, "trend": 24.309833, "fair_value": 17.736592, "relative_strength": -5.422459, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -13.609116, "energy": 13.664428, "activity_lines": [ 23.401, 23.096364, 24.526833, 24.661763 ] }, { "date": "2024-08-09", "close": 21.875, "volume": 520640, "typical_volume": 942056.9, "trend": 24.2895, "fair_value": 17.791229, "relative_strength": -11.506288, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -27.48295, "energy": 22.113598, "activity_lines": [ 23.004, 22.865364, 24.17231, 24.504677 ] }, { "date": "2024-08-16", "close": 23.5, "volume": 546416, "typical_volume": 914679.0, "trend": 24.341833, "fair_value": 17.856656, "relative_strength": -8.571257, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -12.228787, "energy": 14.42111, "activity_lines": [ 23.114333, 22.986545, 23.974476, 24.453742 ] }, { "date": "2024-08-23", "close": 23.86, "volume": 603714, "typical_volume": 873463.4, "trend": 24.439167, "fair_value": 17.917521, "relative_strength": -8.325838, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "down", "direction": -38.434236, "energy": 24.22195, "activity_lines": [ 23.331667, 23.170909, 23.83881, 24.422656 ] }, { "date": "2024-08-30", "close": 22.675, "volume": 795915, "typical_volume": 884536.3, "trend": 24.507, "fair_value": 17.976592, "relative_strength": -12.970364, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -56.143243, "energy": 32.914538, "activity_lines": [ 23.097, 23.122818, 23.616667, 24.308839 ] }, { "date": "2024-09-06", "close": 21.42, "volume": 495859, "typical_volume": 864936.95, "trend": 24.4925, "fair_value": 18.027885, "relative_strength": -14.048793, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -68.317515, "energy": 43.733973, "activity_lines": [ 22.550333, 22.834909, 23.302071, 24.109677 ] }, { "date": "2024-09-13", "close": 21.885, "volume": 480035, "typical_volume": 846689.25, "trend": 24.487667, "fair_value": 18.089434, "relative_strength": -15.36407, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.922192, "energy": 50.320932, "activity_lines": [ 22.29, 22.656545, 23.063667, 23.941452 ] }, { "date": "2024-09-20", "close": 23.255, "volume": 1052596, "typical_volume": 850934.9, "trend": 24.540667, "fair_value": 18.151143, "relative_strength": -11.117714, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -53.202051, "energy": 41.591265, "activity_lines": [ 22.485667, 22.717727, 22.987333, 23.861925 ] }, { "date": "2024-09-27", "close": 23.06, "volume": 718576, "typical_volume": 822589.0, "trend": 24.587667, "fair_value": 18.211485, "relative_strength": -12.068698, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -50.67833, "energy": 32.465674, "activity_lines": [ 22.632667, 22.744364, 22.917714, 23.766398 ] }, { "date": "2024-10-04", "close": 23.05, "volume": 433085, "typical_volume": 794166.45, "trend": 24.624333, "fair_value": 18.269979, "relative_strength": -12.170275, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -37.342412, "energy": 20.778722, "activity_lines": [ 22.829667, 22.768182, 22.878214, 23.667194 ] }, { "date": "2024-10-11", "close": 23.255, "volume": 369795, "typical_volume": 744478.45, "trend": 24.6595, "fair_value": 18.326389, "relative_strength": -12.321403, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -31.660158, "energy": 17.012442, "activity_lines": [ 23.07, 22.851455, 22.883238, 23.578849 ] }, { "date": "2024-10-18", "close": 22.505, "volume": 646491, "typical_volume": 731400.75, "trend": 24.667, "fair_value": 18.380385, "relative_strength": -15.645799, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -37.136554, "energy": 16.64842, "activity_lines": [ 22.938, 22.800818, 22.839476, 23.439849 ] }, { "date": "2024-10-25", "close": 22.545, "volume": 405235, "typical_volume": 709140.1, "trend": 24.44, "fair_value": 18.43094, "relative_strength": -14.449336, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -37.152474, "energy": 18.22207, "activity_lines": [ 22.778, 22.746, 22.811381, 23.302946 ] }, { "date": "2024-11-01", "close": 22.15, "volume": 376473, "typical_volume": 685873.85, "trend": 24.198333, "fair_value": 18.467949, "relative_strength": -14.562409, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -53.65907, "energy": 28.246661, "activity_lines": [ 22.533667, 22.636727, 22.749619, 23.155204 ] }, { "date": "2024-11-08", "close": 24.25, "volume": 458195, "typical_volume": 628647.45, "trend": 24.061333, "fair_value": 18.529829, "relative_strength": -10.636909, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -6.066652, "energy": 5.404518, "activity_lines": [ 23.05, 22.940364, 22.891548, 23.158538 ] }, { "date": "2024-11-15", "close": 23.195, "volume": 604825, "typical_volume": 586870.1, "trend": 23.897167, "fair_value": 18.584968, "relative_strength": -12.646661, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -17.186966, "energy": 8.066895, "activity_lines": [ 23.134667, 23.023545, 22.922452, 23.102645 ] }, { "date": "2024-11-22", "close": 22.725, "volume": 566586, "typical_volume": 589130.35, "trend": 23.704, "fair_value": 18.636421, "relative_strength": -15.712057, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -21.975482, "energy": 10.333437, "activity_lines": [ 23.066667, 22.989, 22.90669, 23.027022 ] }, { "date": "2024-11-29", "close": 21.655, "volume": 562754, "typical_volume": 583171.75, "trend": 23.473667, "fair_value": 18.667692, "relative_strength": -20.07191, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -54.947685, "energy": 20.930509, "activity_lines": [ 22.627333, 22.744636, 22.782524, 22.894828 ] }, { "date": "2024-12-06", "close": 20.395, "volume": 1031324, "typical_volume": 597449.1, "trend": 23.167333, "fair_value": 18.691026, "relative_strength": -24.951985, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -66.655582, "energy": 50.404628, "activity_lines": [ 21.827333, 22.300273, 22.546214, 22.696204 ] }, { "date": "2024-12-13", "close": 20.715, "volume": 623797, "typical_volume": 601134.55, "trend": 22.9145, "fair_value": 18.722628, "relative_strength": -22.891587, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.212208, "energy": 60.629227, "activity_lines": [ 21.251, 21.962545, 22.35281, 22.537989 ] }, { "date": "2024-12-20", "close": 20.025, "volume": 2261516, "typical_volume": 677691.35, "trend": 22.648333, "fair_value": 18.745118, "relative_strength": -23.497794, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -68.867412, "energy": 70.257807, "activity_lines": [ 20.680333, 21.541818, 22.110619, 22.35157 ] }, { "date": "2024-12-27", "close": 20.785, "volume": 488789, "typical_volume": 676098.8, "trend": 22.508, "fair_value": 18.775791, "relative_strength": -20.576098, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.205356, "energy": 66.897492, "activity_lines": [ 20.574333, 21.318, 21.956833, 22.231355 ] }, { "date": "2025-01-03", "close": 21.62, "volume": 468141, "typical_volume": 672185.05, "trend": 22.4495, "fair_value": 18.80859, "relative_strength": -16.433071, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -56.195259, "energy": 49.768313, "activity_lines": [ 20.876, 21.277273, 21.887762, 22.174065 ] }, { "date": "2025-01-10", "close": 21.37, "volume": 596155, "typical_volume": 671807.1, "trend": 22.397667, "fair_value": 18.832393, "relative_strength": -15.360486, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -51.778823, "energy": 31.822811, "activity_lines": [ 21.096667, 21.207909, 21.803833, 22.104419 ] }, { "date": "2025-01-17", "close": 20.87, "volume": 571809, "typical_volume": 660601.8, "trend": 22.358833, "fair_value": 18.86281, "relative_strength": -19.308185, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -43.402195, "energy": 24.241086, "activity_lines": [ 21.085667, 21.061818, 21.684143, 22.00586 ] }, { "date": "2025-01-24", "close": 20.52, "volume": 573285, "typical_volume": 664473.1, "trend": 22.283, "fair_value": 18.894306, "relative_strength": -21.677616, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "down", "direction": -46.563253, "energy": 25.42048, "activity_lines": [ 20.947667, 20.913545, 21.539714, 21.887226 ] }, { "date": "2025-01-31", "close": 20.86, "volume": 537662, "typical_volume": 667354.45, "trend": 22.266333, "fair_value": 18.922532, "relative_strength": -19.291596, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -41.408714, "energy": 25.26602, "activity_lines": [ 20.89, 20.875727, 21.431952, 21.795419 ] }, { "date": "2025-02-07", "close": 20.195, "volume": 557353, "typical_volume": 642592.3, "trend": 22.162667, "fair_value": 18.954338, "relative_strength": -21.356466, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.881487, "energy": 41.647983, "activity_lines": [ 20.605667, 20.750909, 21.265738, 21.661785 ] }, { "date": "2025-02-14", "close": 21.745, "volume": 746049, "typical_volume": 643965.95, "trend": 22.120667, "fair_value": 19.002585, "relative_strength": -16.221344, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -46.820296, "energy": 26.177291, "activity_lines": [ 20.933, 20.934455, 21.261714, 21.634839 ] }, { "date": "2025-02-21", "close": 20.635, "volume": 463523, "typical_volume": 645487.85, "trend": 21.9995, "fair_value": 19.042564, "relative_strength": -18.881659, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -52.86168, "energy": 26.97283, "activity_lines": [ 20.865333, 20.891636, 21.158238, 21.538989 ] }, { "date": "2025-02-28", "close": 19.31, "volume": 549303, "typical_volume": 654463.25, "trend": 21.8635, "fair_value": 19.069455, "relative_strength": -22.996262, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -68.814546, "energy": 43.347193, "activity_lines": [ 20.371667, 20.609364, 20.940071, 21.365473 ] }, { "date": "2025-03-07", "close": 18.565, "volume": 476790, "typical_volume": 645978.2, "trend": 21.753167, "fair_value": 19.08594, "relative_strength": -23.227762, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -79.052338, "energy": 69.149311, "activity_lines": [ 19.710333, 20.204636, 20.669738, 21.152667 ] }, { "date": "2025-03-14", "close": 18.06, "volume": 466991, "typical_volume": 649066.0, "trend": 21.571833, "fair_value": 19.093013, "relative_strength": -23.158483, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -81.335733, "energy": 83.28918, "activity_lines": [ 19.033667, 19.748455, 20.370071, 20.914398 ] }, { "date": "2025-03-21", "close": 18.355, "volume": 796728, "typical_volume": 670078.75, "trend": 21.388333, "fair_value": 19.100085, "relative_strength": -21.91375, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -70.543626, "energy": 84.227842, "activity_lines": [ 18.597667, 19.410636, 20.119857, 20.70686 ] }, { "date": "2025-03-28", "close": 18.95, "volume": 808021, "typical_volume": 687570.05, "trend": 21.264167, "fair_value": 19.112126, "relative_strength": -17.308165, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.50126, "energy": 78.36795, "activity_lines": [ 18.586, 19.235818, 19.944381, 20.549548 ] }, { "date": "2025-04-04", "close": 18.07, "volume": 1094075, "typical_volume": 712032.55, "trend": 21.1525, "fair_value": 19.136549, "relative_strength": -12.40109, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -70.381723, "energy": 68.754122, "activity_lines": [ 18.393333, 18.935909, 19.710333, 20.343473 ] }, { "date": "2025-04-11", "close": 19.63, "volume": 1096264, "typical_volume": 738516.45, "trend": 21.077333, "fair_value": 19.164765, "relative_strength": -9.113583, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -57.452724, "energy": 40.833012, "activity_lines": [ 18.803333, 18.964182, 19.649262, 20.245247 ] }, { "date": "2025-04-18", "close": 19.985, "volume": 690378, "typical_volume": 744897.65, "trend": 20.968333, "fair_value": 19.20156, "relative_strength": -5.266055, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -40.929104, "energy": 24.749354, "activity_lines": [ 19.260667, 19.079364, 19.636738, 20.174774 ] }, { "date": "2025-04-25", "close": 20.26, "volume": 579320, "typical_volume": 722297.45, "trend": 20.875, "fair_value": 19.241015, "relative_strength": -7.297344, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -30.264319, "energy": 18.105774, "activity_lines": [ 19.681333, 19.248364, 19.658357, 20.129075 ] }, { "date": "2025-05-02", "close": 20.29, "volume": 490678, "typical_volume": 715641.5, "trend": 20.783, "fair_value": 19.279498, "relative_strength": -8.883362, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -20.103416, "energy": 20.019918, "activity_lines": [ 19.985, 19.449818, 19.683476, 20.091333 ] }, { "date": "2025-05-09", "close": 20.58, "volume": 483504, "typical_volume": 626740.9, "trend": 20.693833, "fair_value": 19.317212, "relative_strength": -6.218229, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -13.377368, "energy": 18.806376, "activity_lines": [ 20.296, 19.710273, 19.738238, 20.078237 ] }, { "date": "2025-05-16", "close": 21.345, "volume": 496459, "typical_volume": 627124.4, "trend": 20.655167, "fair_value": 19.361378, "relative_strength": -6.780702, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 27.238678, "energy": 27.623204, "activity_lines": [ 20.694667, 20.086727, 19.863214, 20.120247 ] }, { "date": "2025-05-23", "close": 20.79, "volume": 429803, "typical_volume": 625207.5, "trend": 20.596667, "fair_value": 19.402415, "relative_strength": -6.009529, "stage": 4, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 17.847935, "energy": 25.630179, "activity_lines": [ 20.794, 20.311727, 19.932667, 20.128946 ] }, { "date": "2025-05-30", "close": 21.07, "volume": 580084, "typical_volume": 624403.95, "trend": 20.560667, "fair_value": 19.440716, "relative_strength": -5.824334, "stage": 4, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 22.400544, "energy": 34.157645, "activity_lines": [ 20.933, 20.538, 20.032738, 20.159484 ] }, { "date": "2025-06-06", "close": 21.735, "volume": 419610, "typical_volume": 616794.0, "trend": 20.476833, "fair_value": 19.481122, "relative_strength": -4.041535, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 30.513354, "energy": 43.322449, "activity_lines": [ 21.239667, 20.835818, 20.197571, 20.235247 ] }, { "date": "2025-06-13", "close": 23.5, "volume": 460082, "typical_volume": 611133.85, "trend": 20.487, "fair_value": 19.541314, "relative_strength": 4.303586, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 54.868972, "energy": 61.210912, "activity_lines": [ 22.038333, 21.403909, 20.526381, 20.43029 ] }, { "date": "2025-06-20", "close": 24.535, "volume": 854198, "typical_volume": 626960.65, "trend": 20.547333, "fair_value": 19.608932, "relative_strength": 9.055123, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 85.237794, "energy": 82.392892, "activity_lines": [ 22.987333, 22.061455, 20.939571, 20.691452 ] }, { "date": "2025-06-27", "close": 24.655, "volume": 737114, "typical_volume": 635948.7, "trend": 20.647333, "fair_value": 19.673771, "relative_strength": 6.036321, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 80.352138, "energy": 87.246148, "activity_lines": [ 23.763667, 22.651636, 21.34669, 20.956462 ] }, { "date": "2025-07-04", "close": 26.38, "volume": 509709, "typical_volume": 624131.7, "trend": 20.846833, "fair_value": 19.751752, "relative_strength": 11.381905, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 89.913082, "energy": 95.333289, "activity_lines": [ 24.857333, 23.470545, 21.896857, 21.326312 ] }, { "date": "2025-07-11", "close": 27.34, "volume": 463412, "typical_volume": 624126.15, "trend": 21.067667, "fair_value": 19.831667, "relative_strength": 15.65337, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 90.557592, "energy": 96.185997, "activity_lines": [ 25.917, 24.352727, 22.516381, 21.745226 ] }, { "date": "2025-07-18", "close": 26.68, "volume": 490162, "typical_volume": 621169.1, "trend": 21.2895, "fair_value": 19.9086, "relative_strength": 12.144307, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 74.883881, "energy": 90.564051, "activity_lines": [ 26.383, 24.986727, 23.041119, 22.107312 ] }, { "date": "2025-07-25", "close": 27.06, "volume": 470108, "typical_volume": 620835.0, "trend": 21.498667, "fair_value": 19.980075, "relative_strength": 12.193239, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 74.764548, "energy": 90.250064, "activity_lines": [ 26.763667, 25.578909, 23.566952, 22.479602 ] }, { "date": "2025-08-01", "close": 25.495, "volume": 358734, "typical_volume": 615422.15, "trend": 21.627833, "fair_value": 20.043462, "relative_strength": 8.50857, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.33532, "energy": 69.678613, "activity_lines": [ 26.454333, 25.782636, 23.903286, 22.73743 ] }, { "date": "2025-08-08", "close": 26.26, "volume": 288734, "typical_volume": 590022.45, "trend": 21.790833, "fair_value": 20.105673, "relative_strength": 9.071527, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.49539, "energy": 62.250097, "activity_lines": [ 26.344, 26.039909, 24.277071, 23.03628 ] }, { "date": "2025-08-15", "close": 27.505, "volume": 436601, "typical_volume": 571451.45, "trend": 22.012, "fair_value": 20.178526, "relative_strength": 13.141277, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 76.520414, "energy": 64.169083, "activity_lines": [ 26.656667, 26.429182, 24.731786, 23.404935 ] }, { "date": "2025-08-22", "close": 29.95, "volume": 368562, "typical_volume": 535175.8, "trend": 22.326333, "fair_value": 20.264006, "relative_strength": 22.627091, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 88.256749, "energy": 70.721018, "activity_lines": [ 27.773333, 27.158091, 25.378619, 23.917065 ] }, { "date": "2025-08-29", "close": 31.285, "volume": 885515, "typical_volume": 524638.35, "trend": 22.673833, "fair_value": 20.371122, "relative_strength": 27.64058, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 89.771191, "energy": 84.829881, "activity_lines": [ 29.117, 28.012455, 26.096024, 24.495043 ] }, { "date": "2025-09-05", "close": 30.835, "volume": 504392, "typical_volume": 515339.05, "trend": 23.0285, "fair_value": 20.475, "relative_strength": 24.90432, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 77.950058, "energy": 89.831607, "activity_lines": [ 30.029, 28.662273, 26.715071, 25.02157 ] }, { "date": "2025-09-12", "close": 30.415, "volume": 611956, "typical_volume": 516970.85, "trend": 23.3175, "fair_value": 20.579712, "relative_strength": 20.88018, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.862407, "energy": 86.954818, "activity_lines": [ 30.445, 29.123364, 27.242452, 25.498118 ] }, { "date": "2025-09-19", "close": 30.53, "volume": 1666294, "typical_volume": 575751.65, "trend": 23.647333, "fair_value": 20.689071, "relative_strength": 19.582169, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.571368, "energy": 83.701644, "activity_lines": [ 30.622333, 29.532, 27.732429, 25.963441 ] }, { "date": "2025-09-26", "close": 31.13, "volume": 785357, "typical_volume": 590844.3, "trend": 24.041333, "fair_value": 20.799135, "relative_strength": 21.901047, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 70.899625, "energy": 67.285295, "activity_lines": [ 30.798, 29.991727, 28.230786, 26.446194 ] }, { "date": "2025-10-03", "close": 31.63, "volume": 858526, "typical_volume": 608947.65, "trend": 24.476833, "fair_value": 20.907115, "relative_strength": 22.092704, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 73.876969, "energy": 67.350196, "activity_lines": [ 31.061667, 30.461455, 28.726524, 26.935785 ] }, { "date": "2025-10-10", "close": 30.59, "volume": 791245, "typical_volume": 627019.75, "trend": 24.8945, "fair_value": 21.009936, "relative_strength": 20.632143, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.899792, "energy": 60.867009, "activity_lines": [ 30.955667, 30.659, 29.074238, 27.330183 ] }, { "date": "2025-10-17", "close": 32.02, "volume": 1112005, "typical_volume": 653615.8, "trend": 25.35, "fair_value": 21.12734, "relative_strength": 23.545624, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 71.116883, "energy": 61.022058, "activity_lines": [ 31.342667, 31.023909, 29.511476, 27.789892 ] }, { "date": "2025-10-24", "close": 32.1, "volume": 769722, "typical_volume": 671121.4, "trend": 25.788333, "fair_value": 21.238878, "relative_strength": 21.025716, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.529446, "energy": 57.651853, "activity_lines": [ 31.649333, 31.298636, 29.90419, 28.225376 ] }, { "date": "2025-10-31", "close": 32.03, "volume": 753019, "typical_volume": 685768.25, "trend": 26.253667, "fair_value": 21.346731, "relative_strength": 19.458365, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.498958, "energy": 56.09281, "activity_lines": [ 31.828, 31.477091, 30.240881, 28.628065 ] }, { "date": "2025-11-07", "close": 32.04, "volume": 720994, "typical_volume": 679108.05, "trend": 26.667333, "fair_value": 21.452051, "relative_strength": 21.072596, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.37873, "energy": 53.466253, "activity_lines": [ 31.95, 31.619545, 30.537905, 29.001376 ] }, { "date": "2025-11-14", "close": 33.23, "volume": 754589, "typical_volume": 679981.8, "trend": 27.108833, "fair_value": 21.560481, "relative_strength": 24.819315, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 72.85616, "energy": 56.375659, "activity_lines": [ 32.441333, 31.964636, 30.912524, 29.424774 ] }, { "date": "2025-11-21", "close": 32.34, "volume": 818986, "typical_volume": 695445.65, "trend": 27.5115, "fair_value": 21.663814, "relative_strength": 23.229078, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.97498, "energy": 49.832399, "activity_lines": [ 32.46, 32.104364, 31.161548, 29.762269 ] }, { "date": "2025-11-28", "close": 32.99, "volume": 844433, "typical_volume": 714496.7, "trend": 27.934833, "fair_value": 21.764968, "relative_strength": 20.532298, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.245282, "energy": 51.407801, "activity_lines": [ 32.674, 32.327273, 31.444095, 30.11572 ] }, { "date": "2025-12-05", "close": 33.68, "volume": 1187060, "typical_volume": 749341.6, "trend": 28.3715, "fair_value": 21.887404, "relative_strength": 21.754411, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.646968, "energy": 50.783687, "activity_lines": [ 33.058667, 32.630909, 31.765452, 30.486376 ] }, { "date": "2025-12-12", "close": 33.38, "volume": 1315345, "typical_volume": 791603.45, "trend": 28.772667, "fair_value": 22.008013, "relative_strength": 20.545963, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.052655, "energy": 44.346304, "activity_lines": [ 33.233333, 32.833636, 32.024905, 30.809505 ] }, { "date": "2025-12-19", "close": 33.91, "volume": 1707947, "typical_volume": 859064.1, "trend": 29.21, "fair_value": 22.129103, "relative_strength": 21.420718, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.340906, "energy": 46.19986, "activity_lines": [ 33.495333, 33.100909, 32.304738, 31.140946 ] }, { "date": "2025-12-26", "close": 34.18, "volume": 639666, "typical_volume": 876610.7, "trend": 29.647, "fair_value": 22.24609, "relative_strength": 19.868037, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.936568, "energy": 46.12391, "activity_lines": [ 33.802, 33.356909, 32.570214, 31.461591 ] }, { "date": "2026-01-02", "close": 32.4, "volume": 685104, "typical_volume": 889035.85, "trend": 30.0025, "fair_value": 22.35641, "relative_strength": 14.255983, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 55.799079, "energy": 36.304435, "activity_lines": [ 33.392667, 33.25, 32.628452, 31.639204 ] }, { "date": "2026-01-09", "close": 33.1, "volume": 902919, "typical_volume": 915753.7, "trend": 30.3225, "fair_value": 22.465449, "relative_strength": 14.338086, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 43.18615, "energy": 28.268182, "activity_lines": [ 33.256, 33.264909, 32.730048, 31.839043 ] }, { "date": "2026-01-16", "close": 33.59, "volume": 773948, "typical_volume": 910175.35, "trend": 30.624333, "fair_value": 22.580256, "relative_strength": 15.728998, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 44.981973, "energy": 27.004553, "activity_lines": [ 33.321333, 33.349455, 32.86331, 32.049849 ] }, { "date": "2026-01-23", "close": 34.0, "volume": 543204, "typical_volume": 912115.95, "trend": 30.935833, "fair_value": 22.696571, "relative_strength": 16.742278, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 56.061497, "energy": 29.118715, "activity_lines": [ 33.509333, 33.480364, 33.024643, 32.267634 ] }, { "date": "2026-01-30", "close": 33.81, "volume": 833801, "typical_volume": 923208.2, "trend": 31.1835, "fair_value": 22.807147, "relative_strength": 14.908895, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 53.324201, "energy": 30.632858, "activity_lines": [ 33.628, 33.562727, 33.15281, 32.453065 ] }, { "date": "2026-02-06", "close": 35.54, "volume": 893373, "typical_volume": 884562.15, "trend": 31.456833, "fair_value": 22.925641, "relative_strength": 20.076931, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.052418, "energy": 45.07381, "activity_lines": [ 34.348, 33.932909, 33.429571, 32.734129 ] }, { "date": "2026-02-13", "close": 33.17, "volume": 899952, "typical_volume": 890291.9, "trend": 31.673167, "fair_value": 23.03359, "relative_strength": 12.890814, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 51.147725, "energy": 30.81569, "activity_lines": [ 34.068667, 33.825818, 33.456762, 32.844656 ] }, { "date": "2026-02-20", "close": 34.18, "volume": 755507, "typical_volume": 885140.95, "trend": 31.9105, "fair_value": 23.14766, "relative_strength": 14.278768, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 52.43507, "energy": 30.253774, "activity_lines": [ 34.121333, 33.911636, 33.570429, 33.006387 ] }, { "date": "2026-02-27", "close": 35.56, "volume": 755040, "typical_volume": 883330.7, "trend": 32.246, "fair_value": 23.267051, "relative_strength": 18.493114, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.378738, "energy": 36.977991, "activity_lines": [ 34.594667, 34.233818, 33.803381, 33.241839 ] }, { "date": "2026-03-06", "close": 37.38, "volume": 733590, "typical_volume": 864409.95, "trend": 32.616667, "fair_value": 23.408333, "relative_strength": 25.80804, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 74.292054, "energy": 50.981887, "activity_lines": [ 35.570667, 34.856909, 34.186, 33.573065 ] }, { "date": "2026-03-13", "close": 40.33, "volume": 1055452, "typical_volume": 878696.45, "trend": 33.044167, "fair_value": 23.571186, "relative_strength": 36.120507, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 87.188948, "energy": 81.118507, "activity_lines": [ 37.292, 35.958182, 34.824048, 34.070699 ] }, { "date": "2026-03-20", "close": 38.71, "volume": 1543217, "typical_volume": 918206.35, "trend": 33.336167, "fair_value": 23.728814, "relative_strength": 31.538638, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 70.252, "energy": 78.250639, "activity_lines": [ 38.154, 36.620727, 35.268619, 34.436237 ] }, { "date": "2026-03-27", "close": 47.73, "volume": 1437176, "typical_volume": 954015.45, "trend": 33.884333, "fair_value": 23.943141, "relative_strength": 63.074424, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 96.115619, "energy": 94.959872, "activity_lines": [ 41.653333, 38.821273, 36.540429, 35.364871 ] }, { "date": "2026-04-03", "close": 45.41, "volume": 1286101, "typical_volume": 980591.05, "trend": 34.370167, "fair_value": 24.143301, "relative_strength": 47.966427, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 81.694731, "energy": 91.168329, "activity_lines": [ 43.476, 40.342909, 37.516571, 36.108462 ] }, { "date": "2026-04-10", "close": 44.21, "volume": 1085557, "typical_volume": 993919.6, "trend": 34.83, "fair_value": 24.334263, "relative_strength": 37.471249, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.315103, "energy": 84.933907, "activity_lines": [ 44.242, 41.438909, 38.320429, 36.74329 ] }, { "date": "2026-04-17", "close": 43.05, "volume": 1123906, "typical_volume": 1007893.25, "trend": 35.247333, "fair_value": 24.518942, "relative_strength": 26.934855, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.539661, "energy": 77.113299, "activity_lines": [ 44.166, 42.134909, 38.957286, 37.273613 ] }, { "date": "2026-04-24", "close": 46.74, "volume": 809271, "typical_volume": 989003.8, "trend": 35.767667, "fair_value": 24.727885, "relative_strength": 35.539525, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 74.524587, "energy": 63.4487, "activity_lines": [ 45.138667, 43.365273, 39.897667, 38.015075 ] }, { "date": "2026-05-01", "close": 49.97, "volume": 719418, "typical_volume": 959207.45, "trend": 36.379, "fair_value": 24.9575, "relative_strength": 41.687961, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 82.359777, "energy": 66.458405, "activity_lines": [ 46.652667, 44.936182, 41.083476, 38.931355 ] }, { "date": "2026-05-08", "close": 49.68, "volume": 846993, "typical_volume": 916159.75, "trend": 37.015333, "fair_value": 25.183397, "relative_strength": 35.99673, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 74.519986, "energy": 63.919295, "activity_lines": [ 47.920667, 46.167273, 42.162667, 39.789484 ] }, { "date": "2026-05-15", "close": 50.06, "volume": 687728, "typical_volume": 918562.85, "trend": 37.616667, "fair_value": 25.407756, "relative_strength": 35.102822, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 71.363571, "energy": 71.914539, "activity_lines": [ 49.030667, 47.210727, 43.202952, 40.631075 ] }, { "date": "2026-05-22", "close": 48.77, "volume": 791486, "typical_volume": 923881.95, "trend": 38.172333, "fair_value": 25.608333, "relative_strength": 29.038943, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.554951, "energy": 60.449885, "activity_lines": [ 49.320667, 47.789091, 44.044762, 41.350645 ] }, { "date": "2026-05-29", "close": 46.76, "volume": 1162426, "typical_volume": 936857.3, "trend": 38.663333, "fair_value": 25.798045, "relative_strength": 20.772419, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.892516, "energy": 51.789411, "activity_lines": [ 48.559333, 47.848545, 44.61719, 41.904688 ] }, { "date": "2026-06-05", "close": 44.92, "volume": 887125, "typical_volume": 942516.15, "trend": 39.092667, "fair_value": 25.976923, "relative_strength": 17.925039, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 46.582808, "energy": 35.90058, "activity_lines": [ 47.183333, 47.427091, 44.949333, 42.308344 ] }, { "date": "2026-06-12", "close": 43.94, "volume": 867281, "typical_volume": 958720.0, "trend": 39.449667, "fair_value": 26.150192, "relative_strength": 13.875579, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 38.613146, "energy": 22.61926, "activity_lines": [ 45.817333, 46.878545, 45.13419, 42.621075 ] }, { "date": "2026-06-19", "close": 43.84, "volume": 1181096, "typical_volume": 976084.75, "trend": 39.833, "fair_value": 26.325673, "relative_strength": 11.870334, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 31.524194, "energy": 23.523842, "activity_lines": [ 44.800667, 46.338545, 45.26219, 42.904323 ] }, { "date": "2026-06-26", "close": 44.12, "volume": 1666248, "typical_volume": 1014728.5, "trend": 40.204, "fair_value": 26.496923, "relative_strength": 14.48775, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 26.813706, "energy": 23.599398, "activity_lines": [ 44.292, 45.856182, 45.369095, 43.180903 ] }, { "date": "2026-07-03", "close": 44.98, "volume": 685718, "typical_volume": 1004016.8, "trend": 40.580667, "fair_value": 26.672788, "relative_strength": 13.512176, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 17.248915, "energy": 17.401351, "activity_lines": [ 44.38, 45.510727, 45.517048, 43.489032 ] }, { "date": "2026-07-10", "close": 47.1, "volume": 762351, "typical_volume": 1004359.0, "trend": 41.038, "fair_value": 26.8625, "relative_strength": 16.500426, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 31.054969, "energy": 15.949346, "activity_lines": [ 45.293333, 45.582727, 45.810667, 43.909634 ] }, { "date": "2026-07-17", "close": 47.32, "volume": 823507, "typical_volume": 1007782.35, "trend": 41.485, "fair_value": 27.051218, "relative_strength": 18.004313, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 44.666139, "energy": 26.621529, "activity_lines": [ 46.134667, 45.746909, 46.063714, 44.314925 ] }, { "date": "2026-07-24", "close": 44.41, "volume": 739363, "typical_volume": 1008071.0, "trend": 41.826, "fair_value": 27.219071, "relative_strength": 10.723786, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 32.677703, "energy": 21.751472, "activity_lines": [ 45.780667, 45.424909, 45.983619, 44.503634 ] }, { "date": "2026-07-31", "close": 43.04, "volume": 791284, "typical_volume": 994862.6, "trend": 42.180667, "fair_value": 27.378205, "relative_strength": 5.540499, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 7.600862, "energy": 8.649986, "activity_lines": [ 44.932, 44.956545, 45.739571, 44.581957 ] }, { "date": "2026-08-07", "close": 42.8, "volume": 997081, "typical_volume": 967555.8, "trend": 42.504, "fair_value": 27.532564, "relative_strength": 0.905537, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 0.598382, "energy": 8.784835, "activity_lines": [ 44.075333, 44.548727, 45.459762, 44.621914 ] } ], "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." } } }