{ "ticker": { "uuid": "a387e103-9167-4ba4-9303-a8f78be9c449", "symbol": "GSEU", "name": "GOLDMAN SACHS ETF TRUST ACTIVEBETA EUROPE EQUITY ETF", "exchange": "NYSEARCA", "country": "US", "assetType": "etf" }, "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.", "analysis": { "eligible": true, "as_of": "2026-08-07", "benchmark": "SPY", "stage": 2, "stage_name": "Advancing", "phase": "2a", "phase_label": "Stage 2A \u00b7 Early advance", "transition": "stage_2_healthy", "transition_label": "Stage 2 trend intact", "confidence": 76.243, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Re-accelerating", "architecture_gate": "up", "architecture_direction": 82.65, "architecture_energy": 75.968, "architecture_maturity": 15.189, "architecture_confidence": 72.455, "architecture_tenure": "Developing", "architecture": { "interpretation": { "headline": "The weekly architecture is expanding upward.", "body": "Trend and Activity show sustained positive alignment with constructive price acceptance. Directional energy remains positive; cooling within this regime can indicate that it is maturing." }, "scores": { "balance": 9.74, "rotation_up": 73.5, "upward_expansion": 91.66, "deceleration": 42.68, "rotation_down": 13.7, "downward_expansion": 15.99 }, "activity_lines": [ 49.481807, 49.013807, 48.357158, 47.881441 ], "activity_state": "Moderate", "activity_direction": "Expanding", "rotation_direction": "Improving", "price_acceptance": 0.833333 }, "latest_close": 50.5848, "trend_reference": 47.503481, "distance_from_trend": 0.064865, "trend_direction": "Improving", "fair_value": 38.782358, "distance_from_fair_value": 0.304325, "fair_value_direction": "Improving", "relative_strength": -1.763164, "relative_strength_direction": "Improving", "price_momentum": 0.049275, "excess_performance": -0.07635, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.064865, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.029108, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.304325, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.035187, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.017632, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.028827, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.049275, "read": "Positive" }, { "label": "Volume balance", "positive": false, "value": 0.978588, "read": "Supply-led" } ], "volume": { "latest": 20521, "relative_activity": 0.573071, "balance": 0.978588, "dry_up": 0.682932, "accumulation_observations": 0, "distribution_observations": 2 }, "risk": { "range_context": 0.023284, "annualized_volatility": 0.185941, "from_high_reference": -0.001498, "from_low_reference": 0.215924 }, "levels": { "trend_reference": 47.503481, "fair_value_reference": 38.782358, "structural_low": 43.31, "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 37, "median_return": 0.011455, "positive_rate": 0.567568, "directional_follow_through": 0.567568, "median_excess_return": -0.005958, "regime_survival": 0.72973, "best_return": 0.088039, "worst_return": -0.069073, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 13, "median_return": 0.048403, "positive_rate": 0.692308, "directional_follow_through": 0.692308, "median_excess_return": -0.034729, "regime_survival": 0.538462, "best_return": 0.108532, "worst_return": -0.104732, "sufficient": true }, { "horizon": "Extended", "sample_count": 7, "median_return": 0.016633, "positive_rate": 0.714286, "directional_follow_through": 0.714286, "median_excess_return": -0.060835, "regime_survival": 0.428571, "best_return": 0.141462, "worst_return": -0.026464, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 4, "median_return": 0.081244, "positive_rate": 0.75, "directional_follow_through": 0.75, "median_excess_return": -0.089619, "regime_survival": 0.25, "best_return": 0.207321, "worst_return": -0.219522, "sufficient": false } ], "ledger": [ { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-05-17", "end": "2024-06-28", "tenure": "Developing", "return": -0.024609, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-07-05", "end": "2024-07-12", "tenure": "New", "return": 0.013885, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-07-19", "end": "2024-08-02", "tenure": "New", "return": -0.018757, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-08-09", "end": "2024-08-23", "tenure": "New", "return": 0.06271, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-08-30", "end": "2024-10-25", "tenure": "Developing", "return": -0.037559, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-11-01", "end": "2024-11-15", "tenure": "New", "return": -0.035632, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2024-11-22", "end": "2024-11-29", "tenure": "New", "return": 0.014485, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2024-12-06", "end": "2025-02-07", "tenure": "Developing", "return": 0.017448, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-02-14", "end": "2025-03-14", "tenure": "Developing", "return": 0.034547, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-03-21", "end": "2025-04-04", "tenure": "New", "return": -0.091627, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-04-11", "end": "2025-05-02", "tenure": "New", "return": 0.093091, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-05-09", "end": "2026-03-13", "tenure": "Extended", "return": 0.128226, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-03-20", "end": "2026-07-03", "tenure": "Established", "return": 0.127554, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-07-10", "end": "2026-08-07", "tenure": "Developing", "return": 0.041579, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 30.587717, "volume": 613, "typical_volume": 3461.7, "trend": 30.620714, "fair_value": 29.370082, "relative_strength": -1.116828, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 24.123846, "energy": 14.694631, "activity_lines": [ 31.256416, 31.348462, 31.213007, 30.984462 ] }, { "date": "2023-08-25", "close": 30.670866, "volume": 1864, "typical_volume": 3522.8, "trend": 30.651028, "fair_value": 29.402092, "relative_strength": -1.796917, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 14.272624, "energy": 17.015173, "activity_lines": [ 30.971202, 31.234122, 31.164959, 30.987698 ] }, { "date": "2023-09-01", "close": 31.027784, "volume": 3913, "typical_volume": 3573.7, "trend": 30.687032, "fair_value": 29.439166, "relative_strength": -3.272444, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 20.278615, "energy": 20.180082, "activity_lines": [ 30.906706, 31.197243, 31.150832, 31.012004 ] }, { "date": "2023-09-08", "close": 30.4958, "volume": 2795, "typical_volume": 3628.2, "trend": 30.719766, "fair_value": 29.47151, "relative_strength": -3.851589, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": -2.768294, "energy": 17.616668, "activity_lines": [ 30.744191, 31.053298, 31.087612, 30.999667 ] }, { "date": "2023-09-15", "close": 30.835278, "volume": 8389, "typical_volume": 3834.0, "trend": 30.746471, "fair_value": 29.504535, "relative_strength": -2.782665, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -12.499396, "energy": 17.556252, "activity_lines": [ 30.744826, 30.984293, 31.06183, 31.007119 ] }, { "date": "2023-09-22", "close": 30.212697, "volume": 5868, "typical_volume": 4015.4, "trend": 30.778395, "fair_value": 29.539942, "relative_strength": -2.073086, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -27.842508, "energy": 32.946691, "activity_lines": [ 30.574562, 30.794124, 30.980236, 30.972682 ] }, { "date": "2023-09-29", "close": 29.781114, "volume": 1567, "typical_volume": 3830.2, "trend": 30.770176, "fair_value": 29.569083, "relative_strength": -2.950556, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -45.714179, "energy": 53.327957, "activity_lines": [ 30.285438, 30.556599, 30.863957, 30.908341 ] }, { "date": "2023-10-06", "close": 29.688538, "volume": 816, "typical_volume": 3638.25, "trend": 30.792669, "fair_value": 29.593103, "relative_strength": -3.846907, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -44.089461, "energy": 59.936113, "activity_lines": [ 30.024773, 30.346169, 30.745168, 30.838558 ] }, { "date": "2023-10-13", "close": 29.588326, "volume": 1899, "typical_volume": 3638.55, "trend": 30.836623, "fair_value": 29.619067, "relative_strength": -4.705319, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -72.705484, "energy": 77.303943, "activity_lines": [ 29.819986, 30.163499, 30.624036, 30.760859 ] }, { "date": "2023-10-20", "close": 28.824995, "volume": 1205, "typical_volume": 3599.0, "trend": 30.831823, "fair_value": 29.640092, "relative_strength": -4.994069, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -83.363621, "energy": 85.014031, "activity_lines": [ 29.421255, 29.872174, 30.434577, 30.631076 ] }, { "date": "2023-10-27", "close": 28.410947, "volume": 8637, "typical_volume": 3777.2, "trend": 30.768121, "fair_value": 29.670655, "relative_strength": -4.077972, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -85.497129, "energy": 89.240586, "activity_lines": [ 29.018526, 29.552108, 30.213785, 30.474891 ] }, { "date": "2023-11-03", "close": 29.818164, "volume": 2586, "typical_volume": 3731.7, "trend": 30.740204, "fair_value": 29.696479, "relative_strength": -4.916125, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.00342, "energy": 72.482131, "activity_lines": [ 29.204986, 29.527477, 30.136783, 30.413603 ] }, { "date": "2023-11-10", "close": 29.846352, "volume": 330, "typical_volume": 3653.6, "trend": 30.689811, "fair_value": 29.716399, "relative_strength": -6.073472, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.987946, "energy": 50.987026, "activity_lines": [ 29.398372, 29.523474, 30.069817, 30.355935 ] }, { "date": "2023-11-17", "close": 31.072658, "volume": 2042, "typical_volume": 3700.55, "trend": 30.673295, "fair_value": 29.742731, "relative_strength": -4.422523, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -19.086606, "energy": 15.034855, "activity_lines": [ 29.990005, 29.763917, 30.12256, 30.380635 ] }, { "date": "2023-11-24", "close": 31.500847, "volume": 5028, "typical_volume": 3595.05, "trend": 30.671114, "fair_value": 29.769416, "relative_strength": -4.055898, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": 4.140314, "energy": 25.36624, "activity_lines": [ 30.625413, 30.071725, 30.216797, 30.434026 ] }, { "date": "2023-12-01", "close": 31.792717, "volume": 409, "typical_volume": 3137.35, "trend": 30.678845, "fair_value": 29.795538, "relative_strength": -3.947041, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "mixed", "direction": 39.490769, "energy": 46.056839, "activity_lines": [ 31.179721, 30.420498, 30.333575, 30.506387 ] }, { "date": "2023-12-08", "close": 31.878695, "volume": 3600, "typical_volume": 3120.5, "trend": 30.704628, "fair_value": 29.822635, "relative_strength": -3.86256, "stage": 3, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 39.4729, "energy": 59.395078, "activity_lines": [ 31.537237, 30.756176, 30.459167, 30.583797 ] }, { "date": "2023-12-15", "close": 32.348364, "volume": 4210, "typical_volume": 3195.4, "trend": 30.742876, "fair_value": 29.847926, "relative_strength": -4.656965, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 44.259698, "energy": 73.955138, "activity_lines": [ 31.91394, 31.139111, 30.631005, 30.689844 ] }, { "date": "2023-12-22", "close": 32.859608, "volume": 733, "typical_volume": 2973.85, "trend": 30.821319, "fair_value": 29.877349, "relative_strength": -3.951544, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 86.132069, "energy": 92.270926, "activity_lines": [ 32.294257, 31.566638, 30.85091, 30.826408 ] }, { "date": "2023-12-29", "close": 33.024201, "volume": 1052, "typical_volume": 2877.8, "trend": 30.904598, "fair_value": 29.906866, "relative_strength": -3.727062, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 83.117579, "energy": 92.815804, "activity_lines": [ 32.610309, 31.964614, 31.078804, 30.968529 ] }, { "date": "2024-01-05", "close": 32.553421, "volume": 34578, "typical_volume": 4576.05, "trend": 30.97429, "fair_value": 29.927007, "relative_strength": -3.46451, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.826403, "energy": 86.487457, "activity_lines": [ 32.667877, 32.200644, 31.254055, 31.074905 ] }, { "date": "2024-01-12", "close": 32.695463, "volume": 1070, "typical_volume": 4536.35, "trend": 31.018739, "fair_value": 29.95202, "relative_strength": -4.651354, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.313641, "energy": 84.578627, "activity_lines": [ 32.722079, 32.387182, 31.433474, 31.185948 ] }, { "date": "2024-01-19", "close": 32.14896, "volume": 1591, "typical_volume": 4420.25, "trend": 31.075071, "fair_value": 29.971025, "relative_strength": -7.129051, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 63.442414, "energy": 62.442891, "activity_lines": [ 32.539662, 32.422042, 31.551203, 31.258866 ] }, { "date": "2024-01-26", "close": 32.809286, "volume": 7153, "typical_volume": 4638.15, "trend": 31.127956, "fair_value": 30.000862, "relative_strength": -6.009249, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 70.051123, "energy": 58.750225, "activity_lines": [ 32.590647, 32.535095, 31.726482, 31.370751 ] }, { "date": "2024-02-02", "close": 32.702779, "volume": 1692, "typical_volume": 4303.3, "trend": 31.204815, "fair_value": 30.025018, "relative_strength": -7.441052, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.777829, "energy": 58.27999, "activity_lines": [ 32.609484, 32.597208, 31.880601, 31.472352 ] }, { "date": "2024-02-09", "close": 32.720736, "volume": 3851, "typical_volume": 4202.45, "trend": 31.231371, "fair_value": 30.045947, "relative_strength": -8.455115, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 63.553631, "energy": 54.970114, "activity_lines": [ 32.655736, 32.640733, 32.027537, 31.570153 ] }, { "date": "2024-02-16", "close": 32.957313, "volume": 10871, "typical_volume": 4667.65, "trend": 31.256713, "fair_value": 30.069381, "relative_strength": -7.258773, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 72.442827, "energy": 63.510909, "activity_lines": [ 32.769692, 32.710399, 32.185062, 31.681504 ] }, { "date": "2024-02-23", "close": 33.557117, "volume": 618, "typical_volume": 4657.75, "trend": 31.30137, "fair_value": 30.101243, "relative_strength": -6.898733, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 85.301407, "energy": 83.482195, "activity_lines": [ 33.066126, 32.869509, 32.384585, 31.829918 ] }, { "date": "2024-03-01", "close": 33.628756, "volume": 1692, "typical_volume": 4647.4, "trend": 31.380807, "fair_value": 30.133127, "relative_strength": -7.362202, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 83.004624, "energy": 86.030156, "activity_lines": [ 33.292563, 33.019666, 32.57251, 31.980072 ] }, { "date": "2024-03-08", "close": 34.14248, "volume": 695, "typical_volume": 4621.9, "trend": 31.472733, "fair_value": 30.162309, "relative_strength": -5.492529, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 88.022611, "energy": 91.903436, "activity_lines": [ 33.635609, 33.249244, 32.79012, 32.158244 ] }, { "date": "2024-03-15", "close": 34.286137, "volume": 1015, "typical_volume": 4240.8, "trend": 31.596013, "fair_value": 30.193139, "relative_strength": -4.87755, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 84.664075, "energy": 93.0968, "activity_lines": [ 33.930561, 33.484609, 32.996091, 32.339754 ] }, { "date": "2024-03-22", "close": 34.350744, "volume": 2707, "typical_volume": 4246.85, "trend": 31.718676, "fair_value": 30.223139, "relative_strength": -6.566616, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 79.01625, "energy": 90.596773, "activity_lines": [ 34.142689, 33.700216, 33.180238, 32.517479 ] }, { "date": "2024-03-29", "close": 34.622665, "volume": 7791, "typical_volume": 4619.9, "trend": 31.838505, "fair_value": 30.252604, "relative_strength": -5.932236, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 81.652188, "energy": 90.403432, "activity_lines": [ 34.352562, 33.935168, 33.368698, 32.704833 ] }, { "date": "2024-04-05", "close": 34.195116, "volume": 3934, "typical_volume": 4714.5, "trend": 31.961816, "fair_value": 30.27515, "relative_strength": -6.004162, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.78255, "energy": 75.33262, "activity_lines": [ 34.348882, 34.047407, 33.493695, 32.856872 ] }, { "date": "2024-04-12", "close": 33.374601, "volume": 1519, "typical_volume": 4539.05, "trend": 32.04646, "fair_value": 30.28818, "relative_strength": -6.596226, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.416735, "energy": 57.752362, "activity_lines": [ 34.033939, 33.985264, 33.525679, 32.94802 ] }, { "date": "2024-04-19", "close": 33.188, "volume": 7438, "typical_volume": 4890.5, "trend": 32.145637, "fair_value": 30.299743, "relative_strength": -3.893264, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 46.87451, "energy": 38.897267, "activity_lines": [ 33.707988, 33.87698, 33.530969, 33.021667 ] }, { "date": "2024-04-26", "close": 34.102575, "volume": 1209, "typical_volume": 4770.95, "trend": 32.289685, "fair_value": 30.320142, "relative_strength": -3.526728, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 50.35836, "energy": 31.39095, "activity_lines": [ 33.760105, 33.926485, 33.616717, 33.147921 ] }, { "date": "2024-05-03", "close": 34.242527, "volume": 3185, "typical_volume": 4719.7, "trend": 32.441485, "fair_value": 30.33481, "relative_strength": -3.421057, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 52.871137, "energy": 30.625069, "activity_lines": [ 33.875417, 33.980614, 33.705204, 33.273911 ] }, { "date": "2024-05-10", "close": 35.268075, "volume": 3466, "typical_volume": 4856.35, "trend": 32.63081, "fair_value": 30.356318, "relative_strength": -2.109201, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 83.72125, "energy": 56.706659, "activity_lines": [ 34.357921, 34.208744, 33.882342, 33.456272 ] }, { "date": "2024-05-17", "close": 35.817999, "volume": 1706, "typical_volume": 4889.05, "trend": 32.86391, "fair_value": 30.379718, "relative_strength": -1.982453, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 90.091653, "energy": 89.013101, "activity_lines": [ 34.952202, 34.507054, 34.100385, 33.661897 ] }, { "date": "2024-05-24", "close": 35.667121, "volume": 1915, "typical_volume": 3255.9, "trend": 33.105783, "fair_value": 30.400155, "relative_strength": -2.221286, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 80.510965, "energy": 91.757068, "activity_lines": [ 35.333297, 34.747468, 34.290755, 33.842749 ] }, { "date": "2024-05-31", "close": 35.765362, "volume": 4365, "typical_volume": 3420.65, "trend": 33.304023, "fair_value": 30.419379, "relative_strength": -1.441775, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 76.192223, "energy": 90.663619, "activity_lines": [ 35.581865, 34.980636, 34.475654, 34.014335 ] }, { "date": "2024-06-07", "close": 36.076808, "volume": 62666, "typical_volume": 6474.4, "trend": 33.511704, "fair_value": 30.438648, "relative_strength": -1.700635, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 78.636863, "energy": 91.239724, "activity_lines": [ 35.823395, 35.244709, 34.675596, 34.193224 ] }, { "date": "2024-06-14", "close": 34.935822, "volume": 118111, "typical_volume": 12022.3, "trend": 33.640476, "fair_value": 30.457308, "relative_strength": -6.14347, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.486682, "energy": 59.374169, "activity_lines": [ 35.562311, 35.274892, 34.748168, 34.285103 ] }, { "date": "2024-06-21", "close": 35.079003, "volume": 86605, "typical_volume": 16267.95, "trend": 33.759748, "fair_value": 30.47271, "relative_strength": -6.180414, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 60.913622, "energy": 48.914224, "activity_lines": [ 35.371105, 35.31764, 34.824251, 34.377911 ] }, { "date": "2024-06-28", "close": 34.936569, "volume": 115094, "typical_volume": 21830.1, "trend": 33.864543, "fair_value": 30.488164, "relative_strength": -6.321867, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 45.348134, "energy": 33.553117, "activity_lines": [ 35.181687, 35.303501, 34.875453, 34.453835 ] }, { "date": "2024-07-05", "close": 35.732216, "volume": 169937, "typical_volume": 29783.4, "trend": 33.992994, "fair_value": 30.507932, "relative_strength": -5.833507, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 53.051074, "energy": 31.394508, "activity_lines": [ 35.306188, 35.402234, 34.991879, 34.57433 ] }, { "date": "2024-07-12", "close": 36.228374, "volume": 135440, "typical_volume": 36524.5, "trend": 34.122328, "fair_value": 30.533809, "relative_strength": -5.242042, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 73.120651, "energy": 45.849867, "activity_lines": [ 35.598285, 35.561548, 35.142345, 34.718548 ] }, { "date": "2024-07-19", "close": 35.351819, "volume": 101459, "typical_volume": 41512.85, "trend": 34.205402, "fair_value": 30.550924, "relative_strength": -5.474052, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 53.529818, "energy": 37.602502, "activity_lines": [ 35.588092, 35.525381, 35.196609, 34.79787 ] }, { "date": "2024-07-26", "close": 35.499441, "volume": 80938, "typical_volume": 45525.0, "trend": 34.287909, "fair_value": 30.567204, "relative_strength": -4.115587, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 53.430308, "energy": 38.379993, "activity_lines": [ 35.599374, 35.514532, 35.256727, 34.881356 ] }, { "date": "2024-08-02", "close": 34.688731, "volume": 124949, "typical_volume": 51721.7, "trend": 34.359086, "fair_value": 30.576646, "relative_strength": -4.118555, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 29.831099, "energy": 19.619589, "activity_lines": [ 35.312389, 35.362074, 35.233173, 34.907216 ] }, { "date": "2024-08-09", "close": 34.766742, "volume": 234681, "typical_volume": 63320.4, "trend": 34.428129, "fair_value": 30.58317, "relative_strength": -3.750518, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 21.819059, "energy": 15.465099, "activity_lines": [ 35.067931, 35.241588, 35.215131, 34.933516 ] }, { "date": "2024-08-16", "close": 35.906678, "volume": 139129, "typical_volume": 69887.3, "trend": 34.553386, "fair_value": 30.601191, "relative_strength": -4.247309, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 42.551796, "energy": 19.19064, "activity_lines": [ 35.267817, 35.34652, 35.303674, 35.028907 ] }, { "date": "2024-08-23", "close": 36.946977, "volume": 80779, "typical_volume": 73729.55, "trend": 34.691309, "fair_value": 30.623263, "relative_strength": -2.70646, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 67.774365, "energy": 36.324375, "activity_lines": [ 35.835915, 35.64369, 35.485179, 35.183332 ] }, { "date": "2024-08-30", "close": 37.016298, "volume": 71313, "typical_volume": 77219.25, "trend": 34.835093, "fair_value": 30.644483, "relative_strength": -2.679282, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 70.484232, "energy": 65.893355, "activity_lines": [ 36.320776, 35.916898, 35.660181, 35.333331 ] }, { "date": "2024-09-06", "close": 35.774601, "volume": 47974, "typical_volume": 79246.05, "trend": 34.936889, "fair_value": 30.661567, "relative_strength": -1.79497, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 54.53336, "energy": 61.311293, "activity_lines": [ 36.290615, 35.929119, 35.699585, 35.393944 ] }, { "date": "2024-09-13", "close": 36.4094, "volume": 49315, "typical_volume": 81651.35, "trend": 35.051958, "fair_value": 30.685086, "relative_strength": -3.751864, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 57.85479, "energy": 63.476793, "activity_lines": [ 36.399662, 36.041521, 35.787129, 35.488945 ] }, { "date": "2024-09-20", "close": 36.649417, "volume": 56823, "typical_volume": 84333.25, "trend": 35.155035, "fair_value": 30.710722, "relative_strength": -4.293403, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 62.623427, "energy": 53.247337, "activity_lines": [ 36.479204, 36.185251, 35.886547, 35.592007 ] }, { "date": "2024-09-27", "close": 37.440334, "volume": 53386, "typical_volume": 86829.25, "trend": 35.282088, "fair_value": 30.748122, "relative_strength": -2.637325, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 73.638623, "energy": 47.318043, "activity_lines": [ 36.772869, 36.465128, 36.049829, 35.739446 ] }, { "date": "2024-10-04", "close": 36.379084, "volume": 147715, "typical_volume": 94129.7, "trend": 35.356641, "fair_value": 30.778618, "relative_strength": -5.469079, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 56.521351, "energy": 39.396565, "activity_lines": [ 36.679894, 36.514077, 36.101696, 35.81022 ] }, { "date": "2024-10-11", "close": 36.388739, "volume": 69942, "typical_volume": 97531.05, "trend": 35.426728, "fair_value": 30.803355, "relative_strength": -6.34065, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 54.403183, "energy": 36.998971, "activity_lines": [ 36.632618, 36.548788, 36.15181, 35.876807 ] }, { "date": "2024-10-18", "close": 36.408049, "volume": 75415, "typical_volume": 101083.55, "trend": 35.495305, "fair_value": 30.825228, "relative_strength": -6.904817, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 43.351573, "energy": 29.644515, "activity_lines": [ 36.550836, 36.556102, 36.200327, 35.940118 ] }, { "date": "2024-10-25", "close": 35.626014, "volume": 79806, "typical_volume": 101940.55, "trend": 35.52875, "fair_value": 30.841697, "relative_strength": -7.80362, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 23.383051, "energy": 14.966363, "activity_lines": [ 36.208466, 36.391384, 36.171304, 35.94855 ] }, { "date": "2024-11-01", "close": 35.273519, "volume": 147449, "typical_volume": 103407.45, "trend": 35.564696, "fair_value": 30.852778, "relative_strength": -7.229648, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 7.511827, "energy": 14.635061, "activity_lines": [ 35.816824, 36.16768, 36.110857, 35.932084 ] }, { "date": "2024-11-08", "close": 34.827567, "volume": 481735, "typical_volume": 123163.95, "trend": 35.613129, "fair_value": 30.861302, "relative_strength": -12.2955, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -30.954212, "energy": 31.110686, "activity_lines": [ 35.420986, 35.893321, 36.00633, 35.884527 ] }, { "date": "2024-11-15", "close": 34.016665, "volume": 390055, "typical_volume": 136912.0, "trend": 35.640751, "fair_value": 30.867544, "relative_strength": -12.218456, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -43.892208, "energy": 58.796187, "activity_lines": [ 34.858282, 35.511319, 35.825771, 35.781529 ] }, { "date": "2024-11-22", "close": 34.013382, "volume": 220319, "typical_volume": 139431.1, "trend": 35.637778, "fair_value": 30.881838, "relative_strength": -13.33776, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -49.67164, "energy": 70.767716, "activity_lines": [ 34.452622, 35.160684, 35.649281, 35.676538 ] }, { "date": "2024-11-29", "close": 34.506064, "volume": 86363, "typical_volume": 136977.25, "trend": 35.646562, "fair_value": 30.900258, "relative_strength": -12.780795, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -64.896645, "energy": 75.436087, "activity_lines": [ 34.370833, 34.94319, 35.527897, 35.603524 ] }, { "date": "2024-12-06", "close": 35.190682, "volume": 87958, "typical_volume": 136302.2, "trend": 35.643983, "fair_value": 30.917104, "relative_strength": -11.500927, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.635304, "energy": 65.387293, "activity_lines": [ 34.591914, 34.889143, 35.479917, 35.574113 ] }, { "date": "2024-12-13", "close": 34.718468, "volume": 57811, "typical_volume": 135145.85, "trend": 35.607332, "fair_value": 30.934461, "relative_strength": -11.854329, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -57.501555, "energy": 42.048683, "activity_lines": [ 34.661113, 34.790142, 35.387731, 35.514402 ] }, { "date": "2024-12-20", "close": 33.440952, "volume": 203712, "typical_volume": 139084.0, "trend": 35.533126, "fair_value": 30.937323, "relative_strength": -13.159968, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -77.272525, "energy": 49.570854, "activity_lines": [ 34.311746, 34.489057, 35.177596, 35.374635 ] }, { "date": "2024-12-27", "close": 33.864887, "volume": 123234, "typical_volume": 133511.65, "trend": 35.469777, "fair_value": 30.940674, "relative_strength": -12.281158, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.068156, "energy": 47.671665, "activity_lines": [ 34.142072, 34.318648, 35.013777, 35.267007 ] }, { "date": "2025-01-03", "close": 33.580644, "volume": 154972, "typical_volume": 134303.8, "trend": 35.386571, "fair_value": 30.943169, "relative_strength": -12.210437, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -70.408111, "energy": 70.722865, "activity_lines": [ 33.887549, 34.142798, 34.827183, 35.145128 ] }, { "date": "2025-01-10", "close": 33.619511, "volume": 87074, "typical_volume": 134618.55, "trend": 35.342694, "fair_value": 30.947404, "relative_strength": -10.064461, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.894989, "energy": 72.961462, "activity_lines": [ 33.707678, 34.011203, 34.655366, 35.031124 ] }, { "date": "2025-01-17", "close": 34.416274, "volume": 152735, "typical_volume": 138689.65, "trend": 35.320603, "fair_value": 30.963697, "relative_strength": -10.300819, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -59.229099, "energy": 44.736804, "activity_lines": [ 33.898138, 34.054547, 34.575276, 34.971355 ] }, { "date": "2025-01-24", "close": 35.562835, "volume": 58158, "typical_volume": 139198.85, "trend": 35.341479, "fair_value": 30.991149, "relative_strength": -8.631577, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -25.562605, "energy": 17.887954, "activity_lines": [ 34.490932, 34.313835, 34.616764, 34.986983 ] }, { "date": "2025-01-31", "close": 35.642414, "volume": 53650, "typical_volume": 139415.6, "trend": 35.338485, "fair_value": 31.015378, "relative_strength": -7.274735, "stage": 3, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -9.874251, "energy": 17.266458, "activity_lines": [ 34.968793, 34.559479, 34.666839, 35.006398 ] }, { "date": "2025-02-07", "close": 35.804682, "volume": 56411, "typical_volume": 139395.0, "trend": 35.324362, "fair_value": 31.043378, "relative_strength": -6.506152, "stage": 3, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "mixed", "direction": 24.039268, "energy": 31.632671, "activity_lines": [ 35.382242, 34.805008, 34.736021, 35.036475 ] }, { "date": "2025-02-14", "close": 37.01615, "volume": 43483, "typical_volume": 138899.85, "trend": 35.37984, "fair_value": 31.07998, "relative_strength": -4.582477, "stage": 3, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 44.333216, "energy": 48.746898, "activity_lines": [ 36.051244, 35.247193, 34.924603, 35.145623 ] }, { "date": "2025-02-21", "close": 36.914611, "volume": 45345, "typical_volume": 133781.35, "trend": 35.427012, "fair_value": 31.11919, "relative_strength": -3.138307, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 39.829234, "energy": 66.495773, "activity_lines": [ 36.459958, 35.637725, 35.105535, 35.24464 ] }, { "date": "2025-02-28", "close": 37.112442, "volume": 49400, "typical_volume": 132754.25, "trend": 35.507803, "fair_value": 31.179188, "relative_strength": -1.557398, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 39.367953, "energy": 68.477463, "activity_lines": [ 36.768059, 36.024297, 35.302757, 35.353377 ] }, { "date": "2025-03-07", "close": 38.941693, "volume": 87255, "typical_volume": 133346.25, "trend": 35.646968, "fair_value": 31.249597, "relative_strength": 6.568522, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 65.12103, "energy": 82.933694, "activity_lines": [ 37.582603, 36.676706, 35.670748, 35.574919 ] }, { "date": "2025-03-14", "close": 38.294955, "volume": 92438, "typical_volume": 133977.85, "trend": 35.726577, "fair_value": 31.301273, "relative_strength": 7.235169, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 75.714202, "energy": 86.194762, "activity_lines": [ 37.961616, 37.119221, 35.96508, 35.745757 ] }, { "date": "2025-03-21", "close": 38.213529, "volume": 73049, "typical_volume": 130257.85, "trend": 35.768795, "fair_value": 31.354128, "relative_strength": 6.432464, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 70.211114, "energy": 85.227617, "activity_lines": [ 38.147469, 37.461216, 36.238947, 35.906205 ] }, { "date": "2025-03-28", "close": 37.820103, "volume": 51495, "typical_volume": 108745.85, "trend": 35.795589, "fair_value": 31.402131, "relative_strength": 6.880602, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.856481, "energy": 79.057304, "activity_lines": [ 38.122355, 37.648151, 36.461345, 36.038548 ] }, { "date": "2025-04-04", "close": 34.712145, "volume": 104533, "typical_volume": 94469.75, "trend": 35.760174, "fair_value": 31.433229, "relative_strength": 7.816494, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 24.233493, "energy": 23.673947, "activity_lines": [ 37.000888, 37.208115, 36.373498, 35.968648 ] }, { "date": "2025-04-11", "close": 36.427614, "volume": 323271, "typical_volume": 99617.35, "trend": 35.760781, "fair_value": 31.476876, "relative_strength": 7.004924, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 35.274928, "energy": 22.410567, "activity_lines": [ 36.611265, 37.09545, 36.445716, 36.011709 ] }, { "date": "2025-04-18", "close": 37.408993, "volume": 138164, "typical_volume": 102207.4, "trend": 35.7861, "fair_value": 31.53012, "relative_strength": 11.352475, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 37.956605, "energy": 25.950107, "activity_lines": [ 36.716373, 37.146941, 36.599903, 36.118045 ] }, { "date": "2025-04-25", "close": 38.813045, "volume": 141130, "typical_volume": 104866.0, "trend": 35.831857, "fair_value": 31.598727, "relative_strength": 10.363594, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 55.567856, "energy": 27.256126, "activity_lines": [ 37.348562, 37.424545, 36.873985, 36.313332 ] }, { "date": "2025-05-02", "close": 39.818715, "volume": 71783, "typical_volume": 105564.6, "trend": 35.946511, "fair_value": 31.6792, "relative_strength": 9.922293, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 75.544557, "energy": 53.05161, "activity_lines": [ 38.276007, 37.852327, 37.226596, 36.570548 ] }, { "date": "2025-05-09", "close": 39.779266, "volume": 64321, "typical_volume": 98595.05, "trend": 36.059529, "fair_value": 31.76013, "relative_strength": 10.220793, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 72.453814, "energy": 76.618722, "activity_lines": [ 39.057062, 38.220135, 37.551164, 36.817823 ] }, { "date": "2025-05-16", "close": 40.469729, "volume": 68133, "typical_volume": 95840.0, "trend": 36.194918, "fair_value": 31.843794, "relative_strength": 6.511811, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 77.333177, "energy": 84.315253, "activity_lines": [ 39.730462, 38.664994, 37.911307, 37.102352 ] }, { "date": "2025-05-23", "close": 40.98471, "volume": 68094, "typical_volume": 91496.1, "trend": 36.373542, "fair_value": 31.923233, "relative_strength": 10.593119, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 78.042155, "energy": 86.240497, "activity_lines": [ 40.306049, 39.175703, 38.289044, 37.411371 ] }, { "date": "2025-05-30", "close": 41.169326, "volume": 203216, "typical_volume": 97303.2, "trend": 36.570068, "fair_value": 32.005232, "relative_strength": 9.115243, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 75.006063, "energy": 84.90605, "activity_lines": [ 40.704794, 39.671074, 38.649107, 37.720776 ] }, { "date": "2025-06-06", "close": 41.480258, "volume": 221398, "typical_volume": 100736.35, "trend": 36.791825, "fair_value": 32.099958, "relative_strength": 8.123718, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 75.361792, "energy": 85.339866, "activity_lines": [ 41.050097, 40.169236, 39.00283, 38.037562 ] }, { "date": "2025-06-13", "close": 41.188759, "volume": 101939, "typical_volume": 102925.4, "trend": 37.030895, "fair_value": 32.201495, "relative_strength": 7.625549, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 67.821564, "energy": 75.501949, "activity_lines": [ 41.187464, 40.547851, 39.295154, 38.321236 ] }, { "date": "2025-06-20", "close": 40.458846, "volume": 128819, "typical_volume": 106683.85, "trend": 37.245743, "fair_value": 32.292116, "relative_strength": 5.797964, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 64.673579, "energy": 56.611598, "activity_lines": [ 40.98756, 40.675997, 39.491172, 38.542394 ] }, { "date": "2025-06-27", "close": 41.814601, "volume": 88762, "typical_volume": 108301.4, "trend": 37.489361, "fair_value": 32.395213, "relative_strength": 5.579868, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 72.878201, "energy": 57.025183, "activity_lines": [ 41.240301, 40.977349, 39.793374, 38.837159 ] }, { "date": "2025-07-04", "close": 41.968203, "volume": 77396, "typical_volume": 109997.05, "trend": 37.715279, "fair_value": 32.500898, "relative_strength": 4.14157, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 72.936752, "energy": 59.044792, "activity_lines": [ 41.488916, 41.226527, 40.081586, 39.126116 ] }, { "date": "2025-07-11", "close": 41.997933, "volume": 41043, "typical_volume": 109781.95, "trend": 37.957927, "fair_value": 32.609042, "relative_strength": 4.445213, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 71.619798, "energy": 61.955715, "activity_lines": [ 41.694182, 41.423743, 40.349049, 39.402417 ] }, { "date": "2025-07-18", "close": 41.708962, "volume": 43044, "typical_volume": 109464.15, "trend": 38.233528, "fair_value": 32.710023, "relative_strength": 3.033164, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 64.233897, "energy": 70.286372, "activity_lines": [ 41.768613, 41.528798, 40.564784, 39.644419 ] }, { "date": "2025-07-25", "close": 42.670118, "volume": 27654, "typical_volume": 106484.1, "trend": 38.527036, "fair_value": 32.810567, "relative_strength": 3.802656, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 78.537995, "energy": 87.401853, "activity_lines": [ 42.12875, 41.773522, 40.850169, 39.93065 ] }, { "date": "2025-08-01", "close": 40.842742, "volume": 42308, "typical_volume": 103977.6, "trend": 38.769105, "fair_value": 32.901072, "relative_strength": 1.821489, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 61.741494, "energy": 52.216713, "activity_lines": [ 41.732342, 41.64599, 40.943765, 40.080051 ] }, { "date": "2025-08-08", "close": 42.128049, "volume": 38268, "typical_volume": 102238.55, "trend": 39.052723, "fair_value": 32.995968, "relative_strength": 2.475187, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.638007, "energy": 49.672212, "activity_lines": [ 41.829162, 41.75473, 41.147638, 40.296757 ] }, { "date": "2025-08-15", "close": 42.96226, "volume": 25826, "typical_volume": 100955.1, "trend": 39.33759, "fair_value": 33.102012, "relative_strength": 3.451041, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 76.824674, "energy": 56.252928, "activity_lines": [ 42.193395, 41.997715, 41.412319, 40.548985 ] }, { "date": "2025-08-22", "close": 43.440608, "volume": 57550, "typical_volume": 98605.95, "trend": 39.600182, "fair_value": 33.218301, "relative_strength": 4.275708, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 78.229281, "energy": 59.440385, "activity_lines": [ 42.652789, 42.300726, 41.698071, 40.813696 ] }, { "date": "2025-08-29", "close": 42.437534, "volume": 22841, "typical_volume": 83584.45, "trend": 39.826686, "fair_value": 33.334185, "relative_strength": 1.930082, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.509177, "energy": 54.346701, "activity_lines": [ 42.662381, 42.380417, 41.846728, 40.996751 ] }, { "date": "2025-09-05", "close": 42.450714, "volume": 34970, "typical_volume": 78424.75, "trend": 40.04822, "fair_value": 33.443668, "relative_strength": 1.660369, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 60.01462, "energy": 50.920855, "activity_lines": [ 42.691873, 42.426528, 41.968021, 41.166043 ] }, { "date": "2025-09-12", "close": 42.889324, "volume": 26129, "typical_volume": 72674.7, "trend": 40.243993, "fair_value": 33.561045, "relative_strength": 1.132361, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.065736, "energy": 49.404812, "activity_lines": [ 42.76037, 42.540821, 42.107079, 41.34934 ] }, { "date": "2025-09-19", "close": 42.840567, "volume": 45929, "typical_volume": 71382.0, "trend": 40.441525, "fair_value": 33.689756, "relative_strength": -0.193665, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 59.874893, "energy": 43.581765, "activity_lines": [ 42.761863, 42.629502, 42.222082, 41.516861 ] }, { "date": "2025-09-26", "close": 42.757919, "volume": 35157, "typical_volume": 69923.8, "trend": 40.629707, "fair_value": 33.819165, "relative_strength": -0.052644, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 57.657993, "energy": 41.402766, "activity_lines": [ 42.74392, 42.687835, 42.314824, 41.666306 ] }, { "date": "2025-10-03", "close": 43.928173, "volume": 42988, "typical_volume": 68666.55, "trend": 40.795923, "fair_value": 33.954148, "relative_strength": 1.507195, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 76.197273, "energy": 52.717926, "activity_lines": [ 43.161574, 42.939869, 42.504835, 41.87911 ] }, { "date": "2025-10-10", "close": 42.773676, "volume": 35811, "typical_volume": 67052.4, "trend": 40.945214, "fair_value": 34.082325, "relative_strength": 1.231016, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 57.630464, "energy": 42.13164, "activity_lines": [ 43.095019, 42.959121, 42.568426, 42.006707 ] }, { "date": "2025-10-17", "close": 43.581824, "volume": 59674, "typical_volume": 59875.3, "trend": 41.124157, "fair_value": 34.209625, "relative_strength": 1.301324, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.300848, "energy": 46.079551, "activity_lines": [ 43.276317, 43.090202, 42.700463, 42.176811 ] }, { "date": "2025-10-24", "close": 43.779426, "volume": 30412, "typical_volume": 50326.0, "trend": 41.322801, "fair_value": 34.331534, "relative_strength": -0.241931, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.276702, "energy": 50.607523, "activity_lines": [ 43.477315, 43.230777, 42.839832, 42.348118 ] }, { "date": "2025-10-31", "close": 43.272934, "volume": 47274, "typical_volume": 47592.75, "trend": 41.608161, "fair_value": 34.448704, "relative_strength": -2.118317, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 57.653864, "energy": 42.176503, "activity_lines": [ 43.446891, 43.264406, 42.920015, 42.473933 ] }, { "date": "2025-11-07", "close": 43.095845, "volume": 69064, "typical_volume": 44605.0, "trend": 41.830435, "fair_value": 34.551461, "relative_strength": -1.063338, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 55.092085, "energy": 39.242076, "activity_lines": [ 43.323104, 43.268885, 42.973408, 42.569913 ] }, { "date": "2025-11-14", "close": 43.709562, "volume": 38467, "typical_volume": 42090.25, "trend": 42.040454, "fair_value": 34.6594, "relative_strength": 0.016349, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.326171, "energy": 40.184909, "activity_lines": [ 43.459378, 43.37298, 43.072693, 42.691147 ] }, { "date": "2025-11-21", "close": 42.598172, "volume": 39197, "typical_volume": 40180.3, "trend": 42.166625, "fair_value": 34.755896, "relative_strength": -0.819058, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 33.236956, "energy": 18.980285, "activity_lines": [ 43.162796, 43.252116, 43.057107, 42.727129 ] }, { "date": "2025-11-28", "close": 43.981884, "volume": 32143, "typical_volume": 39735.3, "trend": 42.305397, "fair_value": 34.857884, "relative_strength": -1.433693, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.490395, "energy": 31.84296, "activity_lines": [ 43.393028, 43.388129, 43.170304, 42.844242 ] }, { "date": "2025-12-05", "close": 44.283144, "volume": 33693, "typical_volume": 39267.75, "trend": 42.455527, "fair_value": 34.964533, "relative_strength": -1.265427, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.652735, "energy": 40.445359, "activity_lines": [ 43.710183, 43.558166, 43.302745, 42.971839 ] }, { "date": "2025-12-12", "close": 44.693411, "volume": 49586, "typical_volume": 40364.35, "trend": 42.596316, "fair_value": 35.077193, "relative_strength": 0.006185, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 69.566288, "energy": 51.101675, "activity_lines": [ 44.096746, 43.775066, 43.462001, 43.116219 ] }, { "date": "2025-12-19", "close": 45.238453, "volume": 34434, "typical_volume": 39970.65, "trend": 42.738108, "fair_value": 35.191714, "relative_strength": 0.831209, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 76.564428, "energy": 75.294033, "activity_lines": [ 44.558485, 44.07715, 43.663531, 43.286679 ] }, { "date": "2025-12-26", "close": 45.82, "volume": 24418, "typical_volume": 39278.15, "trend": 42.89313, "fair_value": 35.31009, "relative_strength": 0.43172, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 79.556873, "energy": 83.168475, "activity_lines": [ 45.112148, 44.440157, 43.899514, 43.485511 ] }, { "date": "2026-01-02", "close": 46.02, "volume": 48392, "typical_volume": 40406.45, "trend": 43.044455, "fair_value": 35.421658, "relative_strength": 1.629505, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 80.142986, "energy": 87.494571, "activity_lines": [ 45.517688, 44.798832, 44.136965, 43.687244 ] }, { "date": "2026-01-09", "close": 46.45, "volume": 168600, "typical_volume": 45958.95, "trend": 43.219829, "fair_value": 35.529665, "relative_strength": 0.724717, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 81.813339, "energy": 91.668972, "activity_lines": [ 45.930688, 45.194952, 44.400807, 43.906957 ] }, { "date": "2026-01-16", "close": 46.77, "volume": 188828, "typical_volume": 54258.3, "trend": 43.430201, "fair_value": 35.639405, "relative_strength": 1.497246, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 81.236369, "energy": 91.866351, "activity_lines": [ 46.305897, 45.591489, 44.680795, 44.136 ] }, { "date": "2026-01-23", "close": 47.129, "volume": 55978, "typical_volume": 55308.7, "trend": 43.607348, "fair_value": 35.750736, "relative_strength": 2.365079, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 80.542515, "energy": 90.453523, "activity_lines": [ 46.662333, 45.986496, 44.974342, 44.374632 ] }, { "date": "2026-01-30", "close": 47.56, "volume": 70221, "typical_volume": 57513.3, "trend": 43.793741, "fair_value": 35.863635, "relative_strength": 2.631768, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 81.54691, "energy": 89.012266, "activity_lines": [ 47.0364, 46.397695, 45.28666, 44.629642 ] }, { "date": "2026-02-06", "close": 48.2093, "volume": 75588, "typical_volume": 58996.25, "trend": 44.000787, "fair_value": 35.983478, "relative_strength": 3.952397, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 84.787119, "energy": 87.518659, "activity_lines": [ 47.5109, 46.836733, 45.638574, 44.914517 ] }, { "date": "2026-02-13", "close": 48.21, "volume": 47619, "typical_volume": 59619.35, "trend": 44.217488, "fair_value": 36.09999, "relative_strength": 5.026929, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 78.308154, "energy": 82.395856, "activity_lines": [ 47.83968, 47.199037, 45.96499, 45.186079 ] }, { "date": "2026-02-20", "close": 49.005, "volume": 45111, "typical_volume": 59725.5, "trend": 44.428651, "fair_value": 36.226593, "relative_strength": 5.304043, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 86.134535, "energy": 92.243415, "activity_lines": [ 48.316127, 47.634488, 46.341157, 45.494951 ] }, { "date": "2026-02-27", "close": 49.09, "volume": 42520, "typical_volume": 60060.95, "trend": 44.703559, "fair_value": 36.348787, "relative_strength": 5.763482, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 80.48292, "energy": 90.551483, "activity_lines": [ 48.671907, 48.007002, 46.701245, 45.795683 ] }, { "date": "2026-03-06", "close": 45.9097, "volume": 108310, "typical_volume": 62492.75, "trend": 44.829614, "fair_value": 36.457095, "relative_strength": 0.917402, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.351417, "energy": 55.900368, "activity_lines": [ 47.836853, 47.731251, 46.728369, 45.873499 ] }, { "date": "2026-03-13", "close": 44.88, "volume": 66258, "typical_volume": 64285.05, "trend": 44.893539, "fair_value": 36.563571, "relative_strength": 0.18753, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 23.851997, "energy": 21.089138, "activity_lines": [ 46.768587, 47.266651, 46.646341, 45.876749 ] }, { "date": "2026-03-20", "close": 43.45, "volume": 59919, "typical_volume": 64917.3, "trend": 44.893852, "fair_value": 36.656398, "relative_strength": -1.183368, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -6.141878, "energy": 26.291964, "activity_lines": [ 45.445607, 46.562778, 46.422882, 45.783618 ] }, { "date": "2026-03-27", "close": 43.67, "volume": 100144, "typical_volume": 66471.3, "trend": 44.934934, "fair_value": 36.741962, "relative_strength": 1.584204, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -33.967356, "energy": 45.178882, "activity_lines": [ 44.513293, 45.953451, 46.219532, 45.704659 ] }, { "date": "2026-04-03", "close": 45.745, "volume": 62130, "typical_volume": 67654.45, "trend": 45.044744, "fair_value": 36.838688, "relative_strength": 2.875906, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -20.474876, "energy": 36.550335, "activity_lines": [ 44.628313, 45.77776, 46.211067, 45.756922 ] }, { "date": "2026-04-10", "close": 47.7367, "volume": 48206, "typical_volume": 68104.9, "trend": 45.206323, "fair_value": 36.943679, "relative_strength": 3.58476, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 23.472026, "energy": 22.941107, "activity_lines": [ 45.630233, 45.98936, 46.382595, 45.930596 ] }, { "date": "2026-04-17", "close": 48.8748, "volume": 29512, "typical_volume": 67973.35, "trend": 45.407464, "fair_value": 37.054619, "relative_strength": 1.560487, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 53.157297, "energy": 29.827097, "activity_lines": [ 46.88972, 46.404675, 46.638045, 46.167272 ] }, { "date": "2026-04-24", "close": 46.705127, "volume": 28751, "typical_volume": 67726.25, "trend": 45.539038, "fair_value": 37.151663, "relative_strength": -3.303336, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 36.951628, "energy": 31.458918, "activity_lines": [ 47.159662, 46.413403, 46.663559, 46.250993 ] }, { "date": "2026-05-01", "close": 46.869209, "volume": 28330, "typical_volume": 66663.45, "trend": 45.637072, "fair_value": 37.249794, "relative_strength": -3.702207, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 38.881295, "energy": 32.945499, "activity_lines": [ 47.26729, 46.479326, 46.693167, 46.33681 ] }, { "date": "2026-05-08", "close": 47.407763, "volume": 37478, "typical_volume": 66815.65, "trend": 45.791542, "fair_value": 37.354298, "relative_strength": -4.645866, "stage": 3, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 40.992461, "energy": 30.278705, "activity_lines": [ 47.341155, 46.682, 46.763705, 46.451048 ] }, { "date": "2026-05-15", "close": 46.235125, "volume": 41526, "typical_volume": 67671.05, "trend": 45.879985, "fair_value": 37.450671, "relative_strength": -7.031326, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 29.897811, "energy": 15.04195, "activity_lines": [ 46.913291, 46.702054, 46.712233, 46.479666 ] }, { "date": "2026-05-22", "close": 47.578715, "volume": 35543, "typical_volume": 67028.6, "trend": 46.006628, "fair_value": 37.560109, "relative_strength": -4.948583, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 49.261579, "energy": 22.390342, "activity_lines": [ 47.033394, 46.96048, 46.786746, 46.589262 ] }, { "date": "2026-05-29", "close": 47.869423, "volume": 26570, "typical_volume": 59927.1, "trend": 46.159844, "fair_value": 37.671286, "relative_strength": -5.538671, "stage": 3, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 51.684526, "energy": 25.955435, "activity_lines": [ 47.336806, 47.222694, 46.881522, 46.709442 ] }, { "date": "2026-06-05", "close": 47.037905, "volume": 34657, "typical_volume": 52218.55, "trend": 46.291246, "fair_value": 37.777538, "relative_strength": -4.626025, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 44.898969, "energy": 22.27582, "activity_lines": [ 47.285425, 47.253371, 46.890347, 46.766091 ] }, { "date": "2026-06-12", "close": 48.382574, "volume": 33223, "typical_volume": 51080.8, "trend": 46.447014, "fair_value": 37.886644, "relative_strength": -2.327054, "stage": 3, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 59.653767, "energy": 42.692994, "activity_lines": [ 47.671021, 47.467297, 47.02596, 46.901016 ] }, { "date": "2026-06-19", "close": 48.162582, "volume": 24031, "typical_volume": 48771.3, "trend": 46.632494, "fair_value": 38.000128, "relative_strength": -3.546327, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 55.167269, "energy": 46.349207, "activity_lines": [ 47.918299, 47.59327, 47.134652, 47.011697 ] }, { "date": "2026-06-26", "close": 47.841, "volume": 25209, "typical_volume": 46252.35, "trend": 46.761131, "fair_value": 38.106656, "relative_strength": -1.769182, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 51.830783, "energy": 39.343032, "activity_lines": [ 47.929886, 47.653029, 47.209847, 47.089666 ] }, { "date": "2026-07-03", "close": 48.9922, "volume": 27134, "typical_volume": 45228.1, "trend": 46.9181, "fair_value": 38.225856, "relative_strength": -1.479337, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 66.085542, "energy": 56.002381, "activity_lines": [ 48.30772, 47.940894, 47.396435, 47.233606 ] }, { "date": "2026-07-10", "close": 48.5655, "volume": 35913, "typical_volume": 44768.2, "trend": 47.047169, "fair_value": 38.332532, "relative_strength": -3.548566, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 57.874767, "energy": 52.470808, "activity_lines": [ 48.468469, 48.109594, 47.53866, 47.339889 ] }, { "date": "2026-07-17", "close": 48.6914, "volume": 24662, "typical_volume": 43875.3, "trend": 47.162267, "fair_value": 38.438265, "relative_strength": -1.733782, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 60.230773, "energy": 52.01335, "activity_lines": [ 48.569345, 48.270344, 47.694967, 47.445969 ] }, { "date": "2026-07-24", "close": 48.4116, "volume": 31542, "typical_volume": 40036.9, "trend": 47.248654, "fair_value": 38.542074, "relative_strength": -1.659567, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 57.281393, "energy": 52.914254, "activity_lines": [ 48.556367, 48.356881, 47.826526, 47.526571 ] }, { "date": "2026-07-31", "close": 49.53, "volume": 21095, "typical_volume": 37778.75, "trend": 47.365654, "fair_value": 38.659281, "relative_strength": -0.475296, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 69.953852, "energy": 58.088217, "activity_lines": [ 48.899587, 48.607192, 48.052685, 47.673755 ] }, { "date": "2026-08-07", "close": 50.5848, "volume": 20521, "typical_volume": 35808.85, "trend": 47.503481, "fair_value": 38.782358, "relative_strength": -1.763164, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 82.650331, "energy": 75.968422, "activity_lines": [ 49.481807, 49.013807, 48.357158, 47.881441 ] } ], "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." } } }