{ "ticker": { "uuid": "a6dd2800-b36c-42d5-80e7-e3e9c0894cb6", "symbol": "HXF", "name": "Global X S&P/TSX Capped Financials Index Corporate Class ETF", "exchange": "TOR", "country": "CA", "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": "^GSPTSE", "stage": 2, "stage_name": "Advancing", "phase": "2b", "phase_label": "Stage 2B \u00b7 Advancing", "transition": "stage_2_healthy", "transition_label": "Stage 2 trend intact", "confidence": 96.0, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Established expansion", "architecture_gate": "up", "architecture_direction": 75.414, "architecture_energy": 70.658, "architecture_maturity": 91.998, "architecture_confidence": 78.768, "architecture_tenure": "Established", "architecture": { "interpretation": { "headline": "The weekly architecture is expanding upward.", "body": "Trend and Activity show sustained positive alignment with constructive price acceptance. Directional energy remains positive; cooling within this regime can indicate that it is maturing." }, "scores": { "balance": 13.24, "rotation_up": 59.59, "upward_expansion": 85.33, "deceleration": 68.65, "rotation_down": 28.59, "downward_expansion": 12.0 }, "activity_lines": [ 141.466667, 140.217092, 135.087287, 129.988624 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.666667 }, "latest_close": 142.449997, "trend_reference": 123.988667, "distance_from_trend": 0.148895, "trend_direction": "Improving", "fair_value": 88.254776, "distance_from_fair_value": 0.614077, "fair_value_direction": "Improving", "relative_strength": 9.668889, "relative_strength_direction": "Improving", "price_momentum": 0.257392, "excess_performance": 0.136971, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.148895, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.082341, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.614077, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.100551, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.096689, "read": "Leading" }, { "label": "Relative strength direction", "positive": true, "value": 0.046392, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.257392, "read": "Positive" }, { "label": "Volume balance", "positive": false, "value": 0.693878, "read": "Supply-led" } ], "volume": { "latest": 200, "relative_activity": 0.137457, "balance": 0.693878, "dry_up": 0.223368, "accumulation_observations": 1, "distribution_observations": 1 }, "risk": { "range_context": 0.019883, "annualized_volatility": 0.133127, "from_high_reference": -0.014119, "from_low_reference": 0.508685 }, "levels": { "trend_reference": 123.988667, "fair_value_reference": 88.254776, "structural_low": 107.849998, "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 39, "median_return": 0.021162, "positive_rate": 0.769231, "directional_follow_through": 0.769231, "median_excess_return": 0.004572, "regime_survival": 0.820513, "best_return": 0.074972, "worst_return": -0.08583, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 13, "median_return": 0.043349, "positive_rate": 0.692308, "directional_follow_through": 0.692308, "median_excess_return": 0.005672, "regime_survival": 0.538462, "best_return": 0.172504, "worst_return": -0.063519, "sufficient": true }, { "horizon": "Extended", "sample_count": 8, "median_return": 0.114615, "positive_rate": 0.75, "directional_follow_through": 0.75, "median_excess_return": 0.015158, "regime_survival": 0.5, "best_return": 0.264907, "worst_return": -0.122952, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 4, "median_return": 0.166982, "positive_rate": 1.0, "directional_follow_through": 1.0, "median_excess_return": 0.052455, "regime_survival": 0.5, "best_return": 0.316797, "worst_return": 0.005265, "sufficient": false } ], "ledger": [ { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-05-24", "end": "2024-06-14", "tenure": "New", "return": -0.043578, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-06-21", "end": "2024-07-12", "tenure": "New", "return": 0.054786, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-07-19", "end": "2025-01-10", "tenure": "Established", "return": 0.165872, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-01-17", "end": "2025-01-24", "tenure": "New", "return": 0.015228, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-01-31", "end": "2025-03-07", "tenure": "Developing", "return": -0.054404, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-03-14", "end": "2025-03-21", "tenure": "New", "return": 0.030863, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-03-28", "end": "2025-04-04", "tenure": "New", "return": -0.046029, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-04-11", "end": "2025-05-16", "tenure": "Developing", "return": 0.156909, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-05-23", "end": "2025-05-30", "tenure": "New", "return": 0.011017, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-06-06", "end": "2026-02-13", "tenure": "Extended", "return": 0.261768, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-02-20", "end": "2026-02-27", "tenure": "New", "return": -0.00252, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-03-06", "end": "2026-03-13", "tenure": "New", "return": -0.015846, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-03-20", "end": "2026-04-17", "tenure": "Developing", "return": 0.120463, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-04-24", "end": "2026-08-07", "tenure": "Established", "return": 0.172139, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 58.73, "volume": 2300, "typical_volume": 2775.0, "trend": 59.645333, "fair_value": 56.764359, "relative_strength": 0.324788, "stage": 2, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 16.257574, "energy": 23.485027, "activity_lines": [ 60.308, 60.120909, 59.514285, 59.377785 ] }, { "date": "2023-08-25", "close": 58.07, "volume": 400, "typical_volume": 2750.0, "trend": 59.524333, "fair_value": 56.867115, "relative_strength": -0.879918, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": -16.196395, "energy": 14.049878, "activity_lines": [ 59.426666, 59.823454, 59.403809, 59.27615 ] }, { "date": "2023-09-01", "close": 59.709999, "volume": 2500, "typical_volume": 2855.0, "trend": 59.413666, "fair_value": 56.983077, "relative_strength": -1.572297, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -1.648473, "energy": 13.516925, "activity_lines": [ 59.321333, 59.84, 59.449285, 59.288129 ] }, { "date": "2023-09-08", "close": 58.52, "volume": 8600, "typical_volume": 3220.0, "trend": 59.265666, "fair_value": 57.094872, "relative_strength": -1.263954, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -18.002038, "energy": 26.043931, "activity_lines": [ 58.936, 59.588727, 59.377952, 59.230473 ] }, { "date": "2023-09-15", "close": 60.549999, "volume": 75800, "typical_volume": 6970.0, "trend": 59.180333, "fair_value": 57.223718, "relative_strength": -0.49349, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 35.891451, "energy": 22.28705, "activity_lines": [ 59.388666, 59.718909, 59.507428, 59.313333 ] }, { "date": "2023-09-22", "close": 58.720001, "volume": 2300, "typical_volume": 6725.0, "trend": 59.079333, "fair_value": 57.347564, "relative_strength": 0.644115, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 12.808625, "energy": 8.301744, "activity_lines": [ 59.256667, 59.478545, 59.459619, 59.283634 ] }, { "date": "2023-09-29", "close": 58.349998, "volume": 4700, "typical_volume": 6935.0, "trend": 58.976, "fair_value": 57.462372, "relative_strength": 1.247176, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": -2.924759, "energy": 9.537625, "activity_lines": [ 59.001999, 59.194181, 59.377476, 59.23658 ] }, { "date": "2023-10-06", "close": 56.860001, "volume": 2400, "typical_volume": 7040.0, "trend": 58.913, "fair_value": 57.560897, "relative_strength": 0.160973, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -34.977201, "energy": 33.153289, "activity_lines": [ 58.232, 58.696363, 59.156143, 59.100064 ] }, { "date": "2023-10-13", "close": 57.490002, "volume": 900, "typical_volume": 7020.0, "trend": 58.916666, "fair_value": 57.668141, "relative_strength": 0.169647, "stage": 1, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -37.422081, "energy": 52.225654, "activity_lines": [ 57.862001, 58.396727, 59.004143, 59.008258 ] }, { "date": "2023-10-20", "close": 55.0, "volume": 800, "typical_volume": 6955.0, "trend": 58.868333, "fair_value": 57.758974, "relative_strength": -2.40307, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -84.609875, "energy": 81.277358, "activity_lines": [ 56.730667, 57.707091, 58.616905, 58.75557 ] }, { "date": "2023-10-27", "close": 53.939999, "volume": 1100, "typical_volume": 6915.0, "trend": 58.727, "fair_value": 57.853526, "relative_strength": -2.327946, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -88.623417, "energy": 89.173909, "activity_lines": [ 55.616, 56.932545, 58.143047, 58.437613 ] }, { "date": "2023-11-03", "close": 57.029999, "volume": 400, "typical_volume": 6895.0, "trend": 58.694, "fair_value": 57.956731, "relative_strength": -2.374577, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.623321, "energy": 74.318971, "activity_lines": [ 55.85, 56.806909, 57.982714, 58.328129 ] }, { "date": "2023-11-10", "close": 57.720001, "volume": 700, "typical_volume": 6815.0, "trend": 58.652, "fair_value": 58.047564, "relative_strength": -0.32941, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.933337, "energy": 59.459624, "activity_lines": [ 56.402, 56.825636, 57.89719, 58.26529 ] }, { "date": "2023-11-17", "close": 59.540001, "volume": 1300, "typical_volume": 6795.0, "trend": 58.633666, "fair_value": 58.137628, "relative_strength": 0.179622, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -23.222857, "energy": 17.460796, "activity_lines": [ 57.503334, 57.211455, 57.981, 58.322581 ] }, { "date": "2023-11-24", "close": 59.650002, "volume": 900, "typical_volume": 6825.0, "trend": 58.624666, "fair_value": 58.22109, "relative_strength": 0.745318, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -7.101304, "energy": 21.182133, "activity_lines": [ 58.504668, 57.598728, 58.073667, 58.388151 ] }, { "date": "2023-12-01", "close": 60.759998, "volume": 1500, "typical_volume": 5760.0, "trend": 58.686333, "fair_value": 58.312756, "relative_strength": 0.863426, "stage": 2, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "mixed", "direction": 23.720425, "energy": 34.805523, "activity_lines": [ 59.566, 58.204182, 58.266429, 58.525914 ] }, { "date": "2023-12-08", "close": 60.939999, "volume": 3200, "typical_volume": 5765.0, "trend": 58.753666, "fair_value": 58.403461, "relative_strength": 1.752361, "stage": 2, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 34.858972, "energy": 43.726739, "activity_lines": [ 60.232666, 58.805273, 58.472714, 58.671312 ] }, { "date": "2023-12-15", "close": 63.130001, "volume": 4900, "typical_volume": 5970.0, "trend": 58.897333, "fair_value": 58.510705, "relative_strength": 4.309151, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 59.79849, "energy": 76.107756, "activity_lines": [ 61.368667, 59.757455, 58.890286, 58.953656 ] }, { "date": "2023-12-22", "close": 64.489998, "volume": 3900, "typical_volume": 6070.0, "trend": 59.117333, "fair_value": 58.626218, "relative_strength": 4.655199, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 91.207249, "energy": 93.891798, "activity_lines": [ 62.597333, 60.842909, 59.429428, 59.314473 ] }, { "date": "2023-12-29", "close": 64.815002, "volume": 500, "typical_volume": 5955.0, "trend": 59.344167, "fair_value": 58.74125, "relative_strength": 4.7139, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 86.575795, "energy": 94.573779, "activity_lines": [ 63.604333, 61.860182, 59.982619, 59.682065 ] }, { "date": "2024-01-05", "close": 64.519997, "volume": 5500, "typical_volume": 6115.0, "trend": 59.562166, "fair_value": 58.849904, "relative_strength": 4.236405, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 75.969971, "energy": 91.241891, "activity_lines": [ 64.168666, 62.645363, 60.489214, 60.015989 ] }, { "date": "2024-01-12", "close": 63.939999, "volume": 400, "typical_volume": 6115.0, "trend": 59.728833, "fair_value": 58.951634, "relative_strength": 2.980618, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 68.245181, "energy": 88.06717, "activity_lines": [ 64.288999, 63.132727, 60.913, 60.29843 ] }, { "date": "2024-01-19", "close": 64.150002, "volume": 6700, "typical_volume": 6325.0, "trend": 59.971167, "fair_value": 59.059263, "relative_strength": 3.646623, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.658396, "energy": 86.161441, "activity_lines": [ 64.279333, 63.532636, 61.328833, 60.583667 ] }, { "date": "2024-01-26", "close": 65.309998, "volume": 300, "typical_volume": 5910.0, "trend": 60.174833, "fair_value": 59.180096, "relative_strength": 4.351337, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 79.122849, "energy": 82.036497, "activity_lines": [ 64.588333, 64.026545, 61.834, 60.928107 ] }, { "date": "2024-02-02", "close": 64.230003, "volume": 1200, "typical_volume": 2180.0, "trend": 60.366833, "fair_value": 59.28375, "relative_strength": 2.81483, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.245464, "energy": 63.959427, "activity_lines": [ 64.482667, 64.219182, 62.203976, 61.189731 ] }, { "date": "2024-02-09", "close": 64.150002, "volume": 1000, "typical_volume": 2115.0, "trend": 60.505167, "fair_value": 59.382788, "relative_strength": 3.056554, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 62.067601, "energy": 61.576566, "activity_lines": [ 64.389335, 64.314, 62.54881, 61.433807 ] }, { "date": "2024-02-16", "close": 65.849998, "volume": 1000, "typical_volume": 1930.0, "trend": 60.649833, "fair_value": 59.488493, "relative_strength": 4.548502, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 79.587125, "energy": 68.495907, "activity_lines": [ 64.887334, 64.656273, 63.02969, 61.778634 ] }, { "date": "2024-02-23", "close": 66.690002, "volume": 2700, "typical_volume": 1945.0, "trend": 60.824167, "fair_value": 59.596955, "relative_strength": 5.061685, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 83.398795, "energy": 70.32312, "activity_lines": [ 65.538001, 65.062, 63.554857, 62.168323 ] }, { "date": "2024-03-01", "close": 66.32, "volume": 1000, "typical_volume": 1950.0, "trend": 61.0035, "fair_value": 59.698622, "relative_strength": 3.74243, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 74.987379, "energy": 71.781991, "activity_lines": [ 65.896001, 65.335728, 63.997976, 62.522893 ] }, { "date": "2024-03-08", "close": 67.419998, "volume": 1200, "typical_volume": 1970.0, "trend": 61.219833, "fair_value": 59.790865, "relative_strength": 4.476609, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 82.697675, "energy": 88.335018, "activity_lines": [ 66.553333, 65.776182, 64.50381, 62.93686 ] }, { "date": "2024-03-15", "close": 67.269997, "volume": 3300, "typical_volume": 2080.0, "trend": 61.5045, "fair_value": 59.880288, "relative_strength": 3.6312, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 75.566127, "energy": 89.755594, "activity_lines": [ 66.947999, 66.142, 64.936214, 63.327193 ] }, { "date": "2024-03-22", "close": 68.400002, "volume": 3100, "typical_volume": 2215.0, "trend": 61.848833, "fair_value": 59.976058, "relative_strength": 4.578727, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 87.580715, "energy": 93.755653, "activity_lines": [ 67.511333, 66.663273, 65.412762, 63.772064 ] }, { "date": "2024-03-29", "close": 68.370003, "volume": 1700, "typical_volume": 2265.0, "trend": 62.1375, "fair_value": 60.073109, "relative_strength": 3.543344, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 80.277732, "energy": 89.421644, "activity_lines": [ 67.894667, 67.098, 65.83231, 64.192785 ] }, { "date": "2024-04-05", "close": 67.75, "volume": 200, "typical_volume": 2210.0, "trend": 62.445167, "fair_value": 60.163173, "relative_strength": 2.043369, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.98517, "energy": 76.301428, "activity_lines": [ 67.959334, 67.343273, 66.142095, 64.554882 ] }, { "date": "2024-04-12", "close": 66.739998, "volume": 800, "typical_volume": 2205.0, "trend": 62.6515, "fair_value": 60.24407, "relative_strength": 2.075213, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.595952, "energy": 64.8862, "activity_lines": [ 67.592, 67.360545, 66.316595, 64.831968 ] }, { "date": "2024-04-19", "close": 66.360001, "volume": 1100, "typical_volume": 2185.0, "trend": 62.906167, "fair_value": 60.321442, "relative_strength": 1.833722, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 51.725491, "energy": 52.056235, "activity_lines": [ 67.143334, 67.263091, 66.421143, 65.071226 ] }, { "date": "2024-04-26", "close": 66.900002, "volume": 3000, "typical_volume": 2175.0, "trend": 63.191167, "fair_value": 60.39984, "relative_strength": 1.813533, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 45.822284, "energy": 40.087418, "activity_lines": [ 66.935334, 67.223637, 66.550453, 65.328893 ] }, { "date": "2024-05-03", "close": 67.099998, "volume": 5200, "typical_volume": 2190.0, "trend": 63.5325, "fair_value": 60.475224, "relative_strength": 2.094917, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 41.545419, "energy": 32.316258, "activity_lines": [ 66.894, 67.201455, 66.670429, 65.581075 ] }, { "date": "2024-05-10", "close": 69.089996, "volume": 8800, "typical_volume": 2435.0, "trend": 63.919167, "fair_value": 60.560032, "relative_strength": 3.279045, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 80.501169, "energy": 55.111268, "activity_lines": [ 67.600665, 67.533636, 66.961024, 65.939623 ] }, { "date": "2024-05-17", "close": 69.550003, "volume": 12200, "typical_volume": 3020.0, "trend": 64.404167, "fair_value": 60.64375, "relative_strength": 3.106468, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 86.505685, "energy": 82.720188, "activity_lines": [ 68.371333, 67.899091, 67.273524, 66.302903 ] }, { "date": "2024-05-24", "close": 69.529999, "volume": 500, "typical_volume": 2770.0, "trend": 64.923833, "fair_value": 60.72734, "relative_strength": 3.605463, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 80.326015, "energy": 91.03701, "activity_lines": [ 68.948, 68.222182, 67.561571, 66.633602 ] }, { "date": "2024-05-31", "close": 68.290001, "volume": 1400, "typical_volume": 2820.0, "trend": 65.299167, "fair_value": 60.795609, "relative_strength": 1.883914, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 64.453684, "energy": 79.673865, "activity_lines": [ 68.9, 68.278727, 67.707667, 66.850774 ] }, { "date": "2024-06-07", "close": 68.5, "volume": 2300, "typical_volume": 2600.0, "trend": 65.6585, "fair_value": 60.868622, "relative_strength": 3.283761, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.431465, "energy": 73.370059, "activity_lines": [ 68.829334, 68.375454, 67.853048, 67.05728 ] }, { "date": "2024-06-14", "close": 66.5, "volume": 42800, "typical_volume": 4725.0, "trend": 65.8905, "fair_value": 60.930481, "relative_strength": 1.893244, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 29.172172, "energy": 26.868908, "activity_lines": [ 67.998667, 68.106182, 67.787238, 67.11157 ] }, { "date": "2024-06-21", "close": 66.440002, "volume": 8000, "typical_volume": 5065.0, "trend": 66.116833, "fair_value": 60.990673, "relative_strength": 2.099275, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 9.247395, "energy": 19.505331, "activity_lines": [ 67.320667, 67.848728, 67.710048, 67.147022 ] }, { "date": "2024-06-28", "close": 67.68, "volume": 1800, "typical_volume": 5105.0, "trend": 66.3475, "fair_value": 61.055545, "relative_strength": 2.376982, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 21.173239, "energy": 23.294049, "activity_lines": [ 67.263334, 67.822182, 67.740429, 67.247871 ] }, { "date": "2024-07-05", "close": 68.300003, "volume": 2600, "typical_volume": 5185.0, "trend": 66.592833, "fair_value": 61.128109, "relative_strength": 2.360519, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 31.674929, "energy": 24.854009, "activity_lines": [ 67.536001, 67.884364, 67.813048, 67.373839 ] }, { "date": "2024-07-12", "close": 70.080002, "volume": 300, "typical_volume": 5065.0, "trend": 66.8245, "fair_value": 61.209006, "relative_strength": 2.09755, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 72.589801, "energy": 40.18751, "activity_lines": [ 68.401335, 68.244728, 68.043524, 67.598818 ] }, { "date": "2024-07-19", "close": 71.32, "volume": 600, "typical_volume": 5045.0, "trend": 67.052167, "fair_value": 61.298878, "relative_strength": 3.728084, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 84.389717, "energy": 82.144322, "activity_lines": [ 69.574668, 68.776365, 68.375953, 67.88885 ] }, { "date": "2024-07-26", "close": 71.339996, "volume": 1000, "typical_volume": 5035.0, "trend": 67.269667, "fair_value": 61.385224, "relative_strength": 3.105239, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 81.489317, "energy": 89.795068, "activity_lines": [ 70.433333, 69.271091, 68.686476, 68.165484 ] }, { "date": "2024-08-02", "close": 69.650002, "volume": 1100, "typical_volume": 4925.0, "trend": 67.440667, "fair_value": 61.457788, "relative_strength": 3.242137, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 64.23978, "energy": 78.53539, "activity_lines": [ 70.402, 69.426, 68.817381, 68.319054 ] }, { "date": "2024-08-09", "close": 69.459999, "volume": 300, "typical_volume": 4785.0, "trend": 67.624667, "fair_value": 61.519968, "relative_strength": 2.491395, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 62.704687, "energy": 71.632583, "activity_lines": [ 70.176, 69.544182, 68.918857, 68.449334 ] }, { "date": "2024-08-16", "close": 71.760002, "volume": 200, "typical_volume": 4710.0, "trend": 67.878334, "fair_value": 61.603686, "relative_strength": 2.374628, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 78.568013, "energy": 56.946801, "activity_lines": [ 70.639334, 70.059273, 69.234334, 68.716129 ] }, { "date": "2024-08-23", "close": 72.470001, "volume": 1200, "typical_volume": 4760.0, "trend": 68.117, "fair_value": 61.683237, "relative_strength": 2.240307, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 80.068225, "energy": 58.48166, "activity_lines": [ 71.227334, 70.644182, 69.601286, 69.012366 ] }, { "date": "2024-08-30", "close": 74.400002, "volume": 300, "typical_volume": 4735.0, "trend": 68.456, "fair_value": 61.780993, "relative_strength": 4.507694, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 89.765891, "energy": 87.460321, "activity_lines": [ 72.382001, 71.471455, 70.129572, 69.417721 ] }, { "date": "2024-09-06", "close": 74.400002, "volume": 200, "typical_volume": 4690.0, "trend": 68.797667, "fair_value": 61.88016, "relative_strength": 6.862307, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 82.788548, "energy": 92.552863, "activity_lines": [ 73.332668, 72.154001, 70.621382, 69.801205 ] }, { "date": "2024-09-13", "close": 77.139999, "volume": 600, "typical_volume": 4570.0, "trend": 69.174, "fair_value": 61.999647, "relative_strength": 6.870162, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 93.670055, "energy": 97.247488, "activity_lines": [ 74.880001, 73.212546, 71.335858, 70.33942 ] }, { "date": "2024-09-20", "close": 78.540001, "volume": 300, "typical_volume": 4325.0, "trend": 69.569, "fair_value": 62.12766, "relative_strength": 7.231145, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 94.170014, "energy": 97.689466, "activity_lines": [ 76.382001, 74.36491, 72.134905, 70.943678 ] }, { "date": "2024-09-27", "close": 79.07, "volume": 600, "typical_volume": 3915.0, "trend": 69.994, "fair_value": 62.260224, "relative_strength": 7.340319, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 89.784223, "energy": 96.265213, "activity_lines": [ 77.608667, 75.459819, 72.929953, 71.556646 ] }, { "date": "2024-10-04", "close": 79.349998, "volume": 900, "typical_volume": 3350.0, "trend": 70.391667, "fair_value": 62.387788, "relative_strength": 6.58234, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 83.57358, "energy": 94.155946, "activity_lines": [ 78.488666, 76.464728, 73.704143, 72.160258 ] }, { "date": "2024-10-11", "close": 79.0, "volume": 1600, "typical_volume": 3405.0, "trend": 70.782667, "fair_value": 62.508045, "relative_strength": 4.595771, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 71.384095, "energy": 89.851155, "activity_lines": [ 78.922, 77.260364, 74.398334, 72.715635 ] }, { "date": "2024-10-18", "close": 81.360001, "volume": 1300, "typical_volume": 3400.0, "trend": 71.214667, "fair_value": 62.636763, "relative_strength": 5.931588, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 91.116296, "energy": 96.327595, "activity_lines": [ 79.835333, 78.315091, 75.272191, 73.398043 ] }, { "date": "2024-10-25", "close": 80.970001, "volume": 400, "typical_volume": 3305.0, "trend": 71.634667, "fair_value": 62.764455, "relative_strength": 6.684193, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 80.133866, "energy": 84.888644, "activity_lines": [ 80.337334, 79.082546, 76.046667, 74.02742 ] }, { "date": "2024-11-01", "close": 80.379997, "volume": 21900, "typical_volume": 2260.0, "trend": 72.055667, "fair_value": 62.881058, "relative_strength": 6.528478, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.502093, "energy": 75.199078, "activity_lines": [ 80.480666, 79.575272, 76.705572, 74.591635 ] }, { "date": "2024-11-08", "close": 82.959999, "volume": 500, "typical_volume": 1885.0, "trend": 72.596334, "fair_value": 63.012468, "relative_strength": 7.433905, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 90.314035, "energy": 76.280289, "activity_lines": [ 81.396666, 80.393272, 77.544095, 75.29514 ] }, { "date": "2024-11-15", "close": 83.949997, "volume": 300, "typical_volume": 1810.0, "trend": 73.182667, "fair_value": 63.152532, "relative_strength": 7.862025, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 91.08073, "energy": 89.850436, "activity_lines": [ 82.401998, 81.235635, 78.398238, 76.027634 ] }, { "date": "2024-11-22", "close": 84.75, "volume": 800, "typical_volume": 1720.0, "trend": 73.777667, "fair_value": 63.29984, "relative_strength": 6.28307, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 89.491049, "energy": 93.016966, "activity_lines": [ 83.343999, 82.049817, 79.251095, 76.773914 ] }, { "date": "2024-11-29", "close": 85.449997, "volume": 4000, "typical_volume": 1905.0, "trend": 74.389333, "fair_value": 63.456506, "relative_strength": 6.074912, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 87.830315, "energy": 94.776086, "activity_lines": [ 84.293331, 82.852908, 80.092285, 77.526967 ] }, { "date": "2024-12-06", "close": 86.18, "volume": 10800, "typical_volume": 2415.0, "trend": 74.959, "fair_value": 63.611699, "relative_strength": 6.565753, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 85.515297, "energy": 94.375112, "activity_lines": [ 85.187332, 83.66309, 80.929809, 78.287656 ] }, { "date": "2024-12-13", "close": 85.419998, "volume": 6700, "typical_volume": 2700.0, "trend": 75.488, "fair_value": 63.761763, "relative_strength": 7.171353, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.633015, "energy": 87.814505, "activity_lines": [ 85.441332, 84.205817, 81.62419, 78.962559 ] }, { "date": "2024-12-20", "close": 83.540001, "volume": 1900, "typical_volume": 2740.0, "trend": 75.955, "fair_value": 63.892083, "relative_strength": 7.486193, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.150095, "energy": 68.132003, "activity_lines": [ 84.904666, 84.296363, 82.072476, 79.482043 ] }, { "date": "2024-12-27", "close": 84.610001, "volume": 1300, "typical_volume": 2790.0, "trend": 76.499, "fair_value": 64.028429, "relative_strength": 7.788751, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.366907, "energy": 66.599047, "activity_lines": [ 84.752, 84.498908, 82.556523, 80.04043 ] }, { "date": "2025-01-03", "close": 84.5, "volume": 800, "typical_volume": 2820.0, "trend": 77.032333, "fair_value": 64.151442, "relative_strength": 6.272649, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 53.713898, "energy": 59.828652, "activity_lines": [ 84.572, 84.622363, 82.957952, 80.556623 ] }, { "date": "2025-01-10", "close": 83.150002, "volume": 1600, "typical_volume": 2840.0, "trend": 77.587333, "fair_value": 64.25875, "relative_strength": 5.666671, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 48.113746, "energy": 49.561512, "activity_lines": [ 84.005334, 84.436182, 83.170143, 80.951312 ] }, { "date": "2025-01-17", "close": 84.709999, "volume": 600, "typical_volume": 2855.0, "trend": 78.196333, "fair_value": 64.386763, "relative_strength": 6.160245, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 53.266063, "energy": 53.407263, "activity_lines": [ 84.160667, 84.483273, 83.480047, 81.410838 ] }, { "date": "2025-01-24", "close": 86.0, "volume": 4900, "typical_volume": 3090.0, "trend": 78.807, "fair_value": 64.52125, "relative_strength": 5.899208, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 79.387057, "energy": 64.449287, "activity_lines": [ 84.793334, 84.733091, 83.863714, 81.914301 ] }, { "date": "2025-01-31", "close": 87.309998, "volume": 500, "typical_volume": 3085.0, "trend": 79.440666, "fair_value": 64.651442, "relative_strength": 6.999442, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 86.297423, "energy": 70.717741, "activity_lines": [ 85.698666, 85.183818, 84.316904, 82.462881 ] }, { "date": "2025-02-07", "close": 85.620003, "volume": 2900, "typical_volume": 3215.0, "trend": 79.958667, "fair_value": 64.762788, "relative_strength": 5.103109, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.204633, "energy": 61.561515, "activity_lines": [ 85.860667, 85.280728, 84.560714, 82.861548 ] }, { "date": "2025-02-14", "close": 85.82, "volume": 2400, "typical_volume": 3305.0, "trend": 80.442, "fair_value": 64.889135, "relative_strength": 5.011911, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.01473, "energy": 60.60523, "activity_lines": [ 86.014667, 85.410909, 84.789857, 83.239699 ] }, { "date": "2025-02-21", "close": 85.5, "volume": 900, "typical_volume": 3305.0, "trend": 80.914, "fair_value": 65.015481, "relative_strength": 5.837814, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 60.916493, "energy": 54.090506, "activity_lines": [ 85.884, 85.489455, 84.956381, 83.566021 ] }, { "date": "2025-02-28", "close": 86.230003, "volume": 1800, "typical_volume": 3315.0, "trend": 81.466667, "fair_value": 65.157147, "relative_strength": 5.50408, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 62.671212, "energy": 47.994455, "activity_lines": [ 85.944001, 85.699273, 85.163143, 83.908989 ] }, { "date": "2025-03-07", "close": 82.559998, "volume": 0, "typical_volume": 3250.0, "trend": 81.903333, "fair_value": 65.27375, "relative_strength": 3.459233, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 16.454929, "energy": 13.706135, "activity_lines": [ 84.765334, 85.192909, 84.985952, 83.979527 ] }, { "date": "2025-03-14", "close": 80.029999, "volume": 100, "typical_volume": 3235.0, "trend": 82.179, "fair_value": 65.362724, "relative_strength": 1.0189, "stage": 2, "regime": "rotation_down", "modifier": "Structural failure", "gate": "up", "direction": -21.38294, "energy": 28.565961, "activity_lines": [ 83.06, 84.263818, 84.562095, 83.858667 ] }, { "date": "2025-03-21", "close": 82.5, "volume": 1300, "typical_volume": 2205.0, "trend": 82.513333, "fair_value": 65.469968, "relative_strength": 2.28787, "stage": 2, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "up", "direction": -1.364057, "energy": 26.147996, "activity_lines": [ 82.550666, 83.865091, 84.377952, 83.879376 ] }, { "date": "2025-03-28", "close": 83.860001, "volume": 300, "typical_volume": 2195.0, "trend": 82.828666, "fair_value": 65.592019, "relative_strength": 4.664393, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -18.922544, "energy": 31.915231, "activity_lines": [ 82.716, 83.725455, 84.313238, 83.966258 ] }, { "date": "2025-04-04", "close": 80.0, "volume": 2000, "typical_volume": 2280.0, "trend": 83.015333, "fair_value": 65.695929, "relative_strength": 6.330324, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -38.274675, "energy": 48.366264, "activity_lines": [ 81.704, 82.899455, 83.876619, 83.783763 ] }, { "date": "2025-04-11", "close": 76.860001, "volume": 9400, "typical_volume": 2710.0, "trend": 83.006, "fair_value": 65.784327, "relative_strength": 0.323697, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -59.867708, "energy": 67.285723, "activity_lines": [ 80.060667, 81.611637, 83.159762, 83.386645 ] }, { "date": "2025-04-18", "close": 80.040001, "volume": 300, "typical_volume": 2525.0, "trend": 83.056, "fair_value": 65.897276, "relative_strength": 1.702017, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -34.926484, "energy": 53.896381, "activity_lines": [ 79.857334, 81.092, 82.783334, 83.19529 ] }, { "date": "2025-04-25", "close": 83.050003, "volume": 800, "typical_volume": 2025.0, "trend": 83.188667, "fair_value": 66.039327, "relative_strength": 3.123315, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -31.172266, "energy": 40.441512, "activity_lines": [ 80.656668, 81.221092, 82.719334, 83.194904 ] }, { "date": "2025-05-02", "close": 84.82, "volume": 300, "typical_volume": 1705.0, "trend": 83.371, "fair_value": 66.197532, "relative_strength": 3.767698, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -26.037212, "energy": 20.559537, "activity_lines": [ 82.009334, 81.722364, 82.83881, 83.300151 ] }, { "date": "2025-05-09", "close": 86.290001, "volume": 1900, "typical_volume": 1705.0, "trend": 83.614, "fair_value": 66.371058, "relative_strength": 4.02067, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": 16.029567, "energy": 22.84819, "activity_lines": [ 83.788001, 82.503274, 83.101143, 83.488473 ] }, { "date": "2025-05-16", "close": 88.919998, "volume": 600, "typical_volume": 1670.0, "trend": 83.866, "fair_value": 66.56375, "relative_strength": 4.454847, "stage": 2, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": 40.964886, "energy": 42.972833, "activity_lines": [ 86.024, 83.761273, 83.600858, 83.830796 ] }, { "date": "2025-05-23", "close": 88.949997, "volume": 700, "typical_volume": 1665.0, "trend": 84.132, "fair_value": 66.741763, "relative_strength": 4.6634, "stage": 2, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 48.761606, "energy": 63.949484, "activity_lines": [ 87.465999, 84.909091, 84.082905, 84.158796 ] }, { "date": "2025-05-30", "close": 89.93, "volume": 400, "typical_volume": 1605.0, "trend": 84.450333, "fair_value": 66.925353, "relative_strength": 4.397871, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 77.260418, "energy": 83.261089, "activity_lines": [ 88.640666, 86.072909, 84.637095, 84.53286 ] }, { "date": "2025-06-06", "close": 90.5, "volume": 800, "typical_volume": 1615.0, "trend": 84.701667, "fair_value": 67.117468, "relative_strength": 3.860766, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 77.779252, "energy": 87.565863, "activity_lines": [ 89.546666, 87.205272, 85.213286, 84.923161 ] }, { "date": "2025-06-13", "close": 90.459999, "volume": 1100, "typical_volume": 1425.0, "trend": 84.918667, "fair_value": 67.334327, "relative_strength": 3.315097, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 72.964021, "energy": 87.184412, "activity_lines": [ 90.060666, 88.209636, 85.758095, 85.294667 ] }, { "date": "2025-06-20", "close": 90.669998, "volume": 200, "typical_volume": 1410.0, "trend": 85.116, "fair_value": 67.559327, "relative_strength": 3.377234, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 72.165933, "energy": 87.133759, "activity_lines": [ 90.366666, 89.061999, 86.301666, 85.66572 ] }, { "date": "2025-06-27", "close": 92.279999, "volume": 600, "typical_volume": 1295.0, "trend": 85.343667, "fair_value": 67.790545, "relative_strength": 4.225402, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 81.66993, "energy": 90.208034, "activity_lines": [ 91.092666, 89.955999, 86.982571, 86.127914 ] }, { "date": "2025-07-04", "close": 93.650002, "volume": 200, "typical_volume": 1185.0, "trend": 85.592667, "fair_value": 68.023686, "relative_strength": 4.149728, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 87.460258, "energy": 93.65025, "activity_lines": [ 92.053333, 90.876545, 87.762238, 86.663806 ] }, { "date": "2025-07-11", "close": 93.470001, "volume": 700, "typical_volume": 1175.0, "trend": 85.861, "fair_value": 68.275865, "relative_strength": 3.834627, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 80.909792, "energy": 92.445944, "activity_lines": [ 92.706, 91.571636, 88.487476, 87.172022 ] }, { "date": "2025-07-18", "close": 95.279999, "volume": 800, "typical_volume": 1125.0, "trend": 86.252333, "fair_value": 68.524263, "relative_strength": 4.510594, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 90.773615, "energy": 96.457579, "activity_lines": [ 93.764, 92.438545, 89.347143, 87.779699 ] }, { "date": "2025-07-25", "close": 95.419998, "volume": 0, "typical_volume": 1125.0, "trend": 86.612667, "fair_value": 68.763237, "relative_strength": 3.771979, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 85.580944, "energy": 94.831113, "activity_lines": [ 94.547333, 93.167454, 90.177047, 88.371161 ] }, { "date": "2025-08-01", "close": 94.559998, "volume": 300, "typical_volume": 1135.0, "trend": 86.948, "fair_value": 68.99516, "relative_strength": 4.420884, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.578693, "energy": 88.818484, "activity_lines": [ 94.727332, 93.621817, 90.863809, 88.883892 ] }, { "date": "2025-08-08", "close": 94.489998, "volume": 200, "typical_volume": 1080.0, "trend": 87.326, "fair_value": 69.214006, "relative_strength": 1.399181, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.194726, "energy": 88.021658, "activity_lines": [ 94.731998, 93.961454, 91.474714, 89.370473 ] }, { "date": "2025-08-15", "close": 96.139999, "volume": 100, "typical_volume": 1070.0, "trend": 87.707, "fair_value": 69.443237, "relative_strength": 2.431934, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 85.243048, "energy": 93.290909, "activity_lines": [ 95.230665, 94.518181, 92.185666, 89.939118 ] }, { "date": "2025-08-22", "close": 97.019997, "volume": 5900, "typical_volume": 1265.0, "trend": 88.074333, "fair_value": 69.690288, "relative_strength": 1.628128, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 88.350102, "energy": 75.431388, "activity_lines": [ 95.844665, 95.132362, 92.921951, 90.539956 ] }, { "date": "2025-08-29", "close": 98.730003, "volume": 400, "typical_volume": 815.0, "trend": 88.455, "fair_value": 69.958686, "relative_strength": 2.423967, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 93.316102, "energy": 82.05594, "activity_lines": [ 96.912666, 95.938181, 93.740047, 91.227419 ] }, { "date": "2025-09-05", "close": 99.989998, "volume": 400, "typical_volume": 820.0, "trend": 88.934, "fair_value": 70.228558, "relative_strength": 1.893131, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 92.901869, "energy": 94.883463, "activity_lines": [ 98.179999, 96.826544, 94.573999, 91.971612 ] }, { "date": "2025-09-12", "close": 101.0, "volume": 600, "typical_volume": 810.0, "trend": 89.44, "fair_value": 70.499968, "relative_strength": 2.000523, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 92.044889, "energy": 92.124662, "activity_lines": [ 99.422, 97.758363, 95.409142, 92.750064 ] }, { "date": "2025-09-19", "close": 102.059998, "volume": 1000, "typical_volume": 845.0, "trend": 89.992, "fair_value": 70.796058, "relative_strength": 1.313736, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 92.475737, "energy": 96.000498, "activity_lines": [ 100.583332, 98.749272, 96.259761, 93.564257 ] }, { "date": "2025-09-26", "close": 102.190002, "volume": 200, "typical_volume": 760.0, "trend": 90.524, "fair_value": 71.095288, "relative_strength": 1.390281, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 84.784002, "energy": 93.133704, "activity_lines": [ 101.393333, 99.607636, 97.040666, 94.351225 ] }, { "date": "2025-10-03", "close": 103.199997, "volume": 700, "typical_volume": 765.0, "trend": 91.212, "fair_value": 71.407468, "relative_strength": -0.053071, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 87.925827, "energy": 92.735461, "activity_lines": [ 102.195332, 100.523999, 97.842047, 95.169032 ] }, { "date": "2025-10-10", "close": 102.0, "volume": 1500, "typical_volume": 805.0, "trend": 91.944333, "fair_value": 71.709455, "relative_strength": 0.731278, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.589245, "energy": 68.851966, "activity_lines": [ 102.299333, 101.080727, 98.461142, 95.865032 ] }, { "date": "2025-10-17", "close": 102.580002, "volume": 3200, "typical_volume": 945.0, "trend": 92.613666, "fair_value": 72.014455, "relative_strength": 0.363746, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 70.656727, "energy": 69.357606, "activity_lines": [ 102.462667, 101.607636, 99.073333, 96.551204 ] }, { "date": "2025-10-24", "close": 103.059998, "volume": 4800, "typical_volume": 1145.0, "trend": 93.253666, "fair_value": 72.311058, "relative_strength": -0.027653, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 75.186639, "energy": 70.622167, "activity_lines": [ 102.680666, 102.074727, 99.670999, 97.225161 ] }, { "date": "2025-10-31", "close": 104.029999, "volume": 700, "typical_volume": 1125.0, "trend": 94.054666, "fair_value": 72.614776, "relative_strength": 1.150482, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 82.033945, "energy": 72.363134, "activity_lines": [ 103.155333, 102.592363, 100.301237, 97.920408 ] }, { "date": "2025-11-07", "close": 104.010002, "volume": 5000, "typical_volume": 1365.0, "trend": 94.959666, "fair_value": 72.901442, "relative_strength": 2.236097, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 76.683249, "energy": 70.511595, "activity_lines": [ 103.500667, 102.978909, 100.864952, 98.562688 ] }, { "date": "2025-11-14", "close": 105.379997, "volume": 1000, "typical_volume": 1385.0, "trend": 95.804333, "fair_value": 73.194519, "relative_strength": 2.108699, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 85.553267, "energy": 73.922384, "activity_lines": [ 104.248666, 103.518545, 101.495618, 99.234967 ] }, { "date": "2025-11-21", "close": 105.0, "volume": 900, "typical_volume": 1420.0, "trend": 96.535999, "fair_value": 73.476378, "relative_strength": 2.212834, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 75.724238, "energy": 70.511189, "activity_lines": [ 104.644666, 103.89109, 102.027714, 99.828236 ] }, { "date": "2025-11-28", "close": 109.0, "volume": 200, "typical_volume": 1395.0, "trend": 97.341999, "fair_value": 73.785288, "relative_strength": 1.893215, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 96.665533, "energy": 78.132463, "activity_lines": [ 106.212666, 104.918181, 102.886714, 100.632365 ] }, { "date": "2025-12-05", "close": 110.300003, "volume": 900, "typical_volume": 1400.0, "trend": 98.142333, "fair_value": 74.111763, "relative_strength": 3.245548, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 95.266015, "energy": 91.519047, "activity_lines": [ 107.818001, 106.055455, 103.795571, 101.468365 ] }, { "date": "2025-12-12", "close": 112.589996, "volume": 300, "typical_volume": 1415.0, "trend": 98.931333, "fair_value": 74.465737, "relative_strength": 4.554212, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 96.144466, "energy": 96.852661, "activity_lines": [ 109.768666, 107.461636, 104.851, 102.400473 ] }, { "date": "2025-12-19", "close": 112.5, "volume": 600, "typical_volume": 1430.0, "trend": 99.716333, "fair_value": 74.819904, "relative_strength": 3.633673, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 87.29653, "energy": 95.111511, "activity_lines": [ 111.117333, 108.680727, 105.816095, 103.27587 ] }, { "date": "2025-12-26", "close": 113.790001, "volume": 0, "typical_volume": 1420.0, "trend": 100.511666, "fair_value": 75.17984, "relative_strength": 3.938669, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 87.162289, "energy": 95.210472, "activity_lines": [ 112.421333, 109.943454, 106.818619, 104.183849 ] }, { "date": "2026-01-02", "close": 113.959999, "volume": 2900, "typical_volume": 1560.0, "trend": 101.293666, "fair_value": 75.538493, "relative_strength": 4.354209, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 80.024406, "energy": 90.644407, "activity_lines": [ 113.196, 111.033272, 107.745428, 105.051483 ] }, { "date": "2026-01-09", "close": 115.209999, "volume": 1700, "typical_volume": 1350.0, "trend": 102.118666, "fair_value": 75.891122, "relative_strength": 3.037496, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 84.5601, "energy": 85.031142, "activity_lines": [ 114.056666, 112.152181, 108.706428, 105.949311 ] }, { "date": "2026-01-16", "close": 115.559998, "volume": 2300, "typical_volume": 1445.0, "trend": 102.948333, "fair_value": 76.245352, "relative_strength": 1.945031, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 81.598887, "energy": 76.892767, "activity_lines": [ 114.706666, 113.131454, 109.614142, 106.816494 ] }, { "date": "2026-01-23", "close": 114.220001, "volume": 1600, "typical_volume": 1505.0, "trend": 103.679666, "fair_value": 76.582019, "relative_strength": 0.406499, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.350144, "energy": 68.292185, "activity_lines": [ 114.712, 113.65709, 110.314095, 107.543698 ] }, { "date": "2026-01-30", "close": 111.360001, "volume": 2100, "typical_volume": 1580.0, "trend": 104.269999, "fair_value": 76.891827, "relative_strength": 1.598873, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.999747, "energy": 65.481339, "activity_lines": [ 113.649333, 113.502, 110.673904, 108.039204 ] }, { "date": "2026-02-06", "close": 113.290001, "volume": 1700, "typical_volume": 1615.0, "trend": 104.930666, "fair_value": 77.214455, "relative_strength": 1.546533, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 53.329437, "energy": 56.559224, "activity_lines": [ 113.392, 113.582182, 111.16819, 108.62114 ] }, { "date": "2026-02-13", "close": 114.190002, "volume": 1400, "typical_volume": 1675.0, "trend": 105.561, "fair_value": 77.541891, "relative_strength": 0.440347, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 55.457433, "energy": 50.812932, "activity_lines": [ 113.479334, 113.748, 111.694714, 109.218516 ] }, { "date": "2026-02-20", "close": 115.089996, "volume": 300, "typical_volume": 1655.0, "trend": 106.216666, "fair_value": 77.883814, "relative_strength": -0.996385, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 62.033516, "energy": 51.640597, "activity_lines": [ 113.934666, 114.006727, 112.249809, 109.83329 ] }, { "date": "2026-02-27", "close": 114.800003, "volume": 3400, "typical_volume": 1750.0, "trend": 106.891333, "fair_value": 78.225801, "relative_strength": -2.719751, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 66.983704, "energy": 57.740009, "activity_lines": [ 114.324667, 114.167273, 112.720667, 110.387054 ] }, { "date": "2026-03-06", "close": 111.07, "volume": 1200, "typical_volume": 1650.0, "trend": 107.444, "fair_value": 78.561186, "relative_strength": -2.318869, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 47.681968, "energy": 40.349149, "activity_lines": [ 113.432667, 113.607818, 112.775333, 110.656645 ] }, { "date": "2026-03-13", "close": 109.309998, "volume": 2700, "typical_volume": 1545.0, "trend": 107.883, "fair_value": 78.89407, "relative_strength": -2.320615, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 20.250566, "energy": 15.090009, "activity_lines": [ 111.973333, 112.777818, 112.621952, 110.777032 ] }, { "date": "2026-03-20", "close": 108.0, "volume": 2400, "typical_volume": 1630.0, "trend": 108.249, "fair_value": 79.224519, "relative_strength": 0.201319, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -10.557118, "energy": 24.548891, "activity_lines": [ 110.342666, 111.794182, 112.314047, 110.78458 ] }, { "date": "2026-03-27", "close": 109.769997, "volume": 0, "typical_volume": 1380.0, "trend": 108.617, "fair_value": 79.555224, "relative_strength": -0.232866, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 2.650929, "energy": 27.348351, "activity_lines": [ 109.714665, 111.263454, 112.155809, 110.882709 ] }, { "date": "2026-04-03", "close": 111.169998, "volume": 300, "typical_volume": 1345.0, "trend": 108.989666, "fair_value": 79.895929, "relative_strength": -2.412519, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 2.678346, "energy": 23.417728, "activity_lines": [ 109.907998, 111.092544, 112.103476, 111.047419 ] }, { "date": "2026-04-10", "close": 116.989998, "volume": 1800, "typical_volume": 1390.0, "trend": 109.522666, "fair_value": 80.267788, "relative_strength": 0.785289, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 51.493945, "energy": 21.790208, "activity_lines": [ 112.283331, 112.035271, 112.577856, 111.563569 ] }, { "date": "2026-04-17", "close": 121.010002, "volume": 500, "typical_volume": 1405.0, "trend": 110.154333, "fair_value": 80.658301, "relative_strength": 2.151564, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 79.14866, "energy": 62.000625, "activity_lines": [ 115.603999, 113.606545, 113.378, 112.304688 ] }, { "date": "2026-04-24", "close": 121.529999, "volume": 700, "typical_volume": 1395.0, "trend": 110.799, "fair_value": 81.053237, "relative_strength": 3.799164, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 81.341365, "energy": 83.423314, "activity_lines": [ 118.317999, 115.131999, 114.170476, 113.038602 ] }, { "date": "2026-05-01", "close": 123.129997, "volume": 4000, "typical_volume": 1580.0, "trend": 111.463333, "fair_value": 81.464904, "relative_strength": 5.062676, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 82.5965, "energy": 91.676968, "activity_lines": [ 120.663332, 116.814908, 115.061856, 113.83415 ] }, { "date": "2026-05-08", "close": 123.93, "volume": 5200, "typical_volume": 1810.0, "trend": 112.194333, "fair_value": 81.881634, "relative_strength": 5.029716, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 78.914116, "energy": 91.951591, "activity_lines": [ 122.384666, 118.49709, 115.979237, 114.638451 ] }, { "date": "2026-05-15", "close": 124.349998, "volume": 800, "typical_volume": 1850.0, "trend": 112.919999, "fair_value": 82.301699, "relative_strength": 5.998778, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 76.744091, "energy": 91.019575, "activity_lines": [ 123.395332, 120.089635, 116.88219, 115.422687 ] }, { "date": "2026-05-22", "close": 128.369995, "volume": 700, "typical_volume": 1740.0, "trend": 113.763666, "fair_value": 82.753493, "relative_strength": 7.229608, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 88.606073, "energy": 94.600666, "activity_lines": [ 125.255331, 122.171634, 118.117713, 116.419461 ] }, { "date": "2026-05-29", "close": 127.800003, "volume": 9400, "typical_volume": 2125.0, "trend": 114.555999, "fair_value": 83.200865, "relative_strength": 5.698977, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 79.206287, "energy": 89.737519, "activity_lines": [ 126.434666, 123.803453, 119.230332, 117.325032 ] }, { "date": "2026-06-05", "close": 130.229996, "volume": 0, "typical_volume": 2010.0, "trend": 115.429999, "fair_value": 83.664006, "relative_strength": 8.605493, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 85.263133, "energy": 92.430724, "activity_lines": [ 128.005998, 125.517089, 120.514427, 118.336257 ] }, { "date": "2026-06-12", "close": 133.25, "volume": 0, "typical_volume": 1930.0, "trend": 116.358999, "fair_value": 84.140352, "relative_strength": 9.214477, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 89.823064, "energy": 94.69071, "activity_lines": [ 130.110665, 127.407817, 122.016285, 119.485935 ] }, { "date": "2026-06-19", "close": 137.460007, "volume": 0, "typical_volume": 1825.0, "trend": 117.441, "fair_value": 84.656891, "relative_strength": 12.250506, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 94.176343, "energy": 97.291342, "activity_lines": [ 132.997335, 129.662546, 123.828476, 120.84729 ] }, { "date": "2026-06-26", "close": 138.070007, "volume": 300, "typical_volume": 1755.0, "trend": 118.41, "fair_value": 85.162468, "relative_strength": 12.410414, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 89.44393, "energy": 96.09023, "activity_lines": [ 135.213337, 131.656002, 125.574476, 122.178194 ] }, { "date": "2026-07-03", "close": 138.800003, "volume": 0, "typical_volume": 1685.0, "trend": 119.36, "fair_value": 85.677404, "relative_strength": 11.856223, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 84.464512, "energy": 94.469379, "activity_lines": [ 137.026004, 133.472002, 127.272001, 123.493678 ] }, { "date": "2026-07-10", "close": 140.330002, "volume": 4100, "typical_volume": 1875.0, "trend": 120.284667, "fair_value": 86.19234, "relative_strength": 12.586161, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 85.014224, "energy": 94.700174, "activity_lines": [ 138.615337, 135.252184, 128.998048, 124.846581 ] }, { "date": "2026-07-17", "close": 143.830002, "volume": 600, "typical_volume": 1735.0, "trend": 121.329, "fair_value": 86.720032, "relative_strength": 15.159352, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 93.06407, "energy": 97.510042, "activity_lines": [ 140.698003, 137.356002, 130.937239, 126.365635 ] }, { "date": "2026-07-24", "close": 139.440002, "volume": 400, "typical_volume": 1695.0, "trend": 122.184, "fair_value": 87.219904, "relative_strength": 11.027878, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.561984, "energy": 84.461852, "activity_lines": [ 140.612002, 138.299821, 132.320096, 127.534087 ] }, { "date": "2026-07-31", "close": 140.860001, "volume": 100, "typical_volume": 1565.0, "trend": 123.080667, "fair_value": 87.732211, "relative_strength": 12.310229, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.091994, "energy": 67.995693, "activity_lines": [ 140.867335, 139.227457, 133.703096, 128.73899 ] }, { "date": "2026-08-07", "close": 142.449997, "volume": 200, "typical_volume": 1455.0, "trend": 123.988667, "fair_value": 88.254776, "relative_strength": 9.668889, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 75.413857, "energy": 70.65846, "activity_lines": [ 141.466667, 140.217092, 135.087287, 129.988624 ] } ], "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." } } }