{ "ticker": { "uuid": "a84f54fd-61c8-4798-a7e2-fd5b825a2bcd", "symbol": "IHDG", "name": "WISDOMTREE TRUST INTL HEDGED QLTY DIV GWTH", "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": 86.001, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Early expansion", "architecture_gate": "up", "architecture_direction": 77.545, "architecture_energy": 59.027, "architecture_maturity": 23.708, "architecture_confidence": 82.11, "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": 9.96, "rotation_up": 60.17, "upward_expansion": 83.04, "deceleration": 53.5, "rotation_down": 21.12, "downward_expansion": 9.7 }, "activity_lines": [ 52.849867, 52.565452, 51.668506, 51.07193 ], "activity_state": "Wide", "activity_direction": "Expanding", "rotation_direction": "Weakening", "price_acceptance": 0.666667 }, "latest_close": 53.8, "trend_reference": 50.5944, "distance_from_trend": 0.063359, "trend_direction": "Improving", "fair_value": 44.595347, "distance_from_fair_value": 0.206404, "fair_value_direction": "Improving", "relative_strength": -2.127936, "relative_strength_direction": "Improving", "price_momentum": 0.053111, "excess_performance": -0.072514, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.063359, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.027484, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.206404, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.061069, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.021279, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.042192, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.053111, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 1.99454, "read": "Demand-led" } ], "volume": { "latest": 680477, "relative_activity": 0.966542, "balance": 1.99454, "dry_up": 0.801241, "accumulation_observations": 2, "distribution_observations": 0 }, "risk": { "range_context": 0.023624, "annualized_volatility": 0.166484, "from_high_reference": -0.002411, "from_low_reference": 0.222958 }, "levels": { "trend_reference": 50.5944, "fair_value_reference": 44.595347, "structural_low": 46.330762, "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 32, "median_return": 0.00089, "positive_rate": 0.53125, "directional_follow_through": 0.53125, "median_excess_return": -0.009363, "regime_survival": 0.71875, "best_return": 0.07608, "worst_return": -0.104026, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 11, "median_return": 0.009194, "positive_rate": 0.545455, "directional_follow_through": 0.545455, "median_excess_return": -0.018505, "regime_survival": 0.363636, "best_return": 0.095608, "worst_return": -0.06686, "sufficient": true }, { "horizon": "Extended", "sample_count": 7, "median_return": 0.023173, "positive_rate": 0.571429, "directional_follow_through": 0.571429, "median_excess_return": -0.051245, "regime_survival": 0.428571, "best_return": 0.111331, "worst_return": -0.131322, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 4, "median_return": 0.078431, "positive_rate": 0.75, "directional_follow_through": 0.75, "median_excess_return": -0.048091, "regime_survival": 0.5, "best_return": 0.186798, "worst_return": -0.111192, "sufficient": false } ], "ledger": [ { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-08-23", "end": "2024-11-15", "tenure": "Established", "return": -0.05517, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2024-11-22", "end": "2025-01-10", "tenure": "Developing", "return": 0.010645, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-01-17", "end": "2025-02-07", "tenure": "New", "return": 0.027716, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-02-14", "end": "2025-03-14", "tenure": "Developing", "return": -0.042979, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-03-21", "end": "2025-03-28", "tenure": "New", "return": -0.023852, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-04-04", "end": "2025-04-11", "tenure": "New", "return": 0.019924, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-04-18", "end": "2025-05-23", "tenure": "Developing", "return": 0.082826, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-05-30", "end": "2025-07-11", "tenure": "Developing", "return": 0.019616, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-07-18", "end": "2025-08-08", "tenure": "New", "return": -0.000666, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-08-15", "end": "2025-08-29", "tenure": "New", "return": -0.007952, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-09-05", "end": "2026-03-13", "tenure": "Extended", "return": 0.08037, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2026-03-20", "end": "2026-04-10", "tenure": "New", "return": 0.086277, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-04-17", "end": "2026-06-12", "tenure": "Developing", "return": -0.002115, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-06-19", "end": "2026-08-07", "tenure": "Developing", "return": 0.023998, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 37.159556, "volume": 696635, "typical_volume": 1120136.95, "trend": 37.258923, "fair_value": 34.580812, "relative_strength": -3.411982, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 6.734512, "energy": 4.276351, "activity_lines": [ 37.669496, 37.744425, 37.839803, 37.641284 ] }, { "date": "2023-08-25", "close": 37.578685, "volume": 727881, "typical_volume": 1114907.7, "trend": 37.312888, "fair_value": 34.638559, "relative_strength": -3.129796, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 11.824103, "energy": 12.164032, "activity_lines": [ 37.585035, 37.702506, 37.811208, 37.661914 ] }, { "date": "2023-09-01", "close": 38.045442, "volume": 1243534, "typical_volume": 1139045.9, "trend": 37.361421, "fair_value": 34.699653, "relative_strength": -4.391627, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 20.9164, "energy": 10.899432, "activity_lines": [ 37.691723, 37.760192, 37.825174, 37.709176 ] }, { "date": "2023-09-08", "close": 37.788249, "volume": 498831, "typical_volume": 1084070.0, "trend": 37.425505, "fair_value": 34.756658, "relative_strength": -3.863986, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 13.511007, "energy": 8.269798, "activity_lines": [ 37.740621, 37.761924, 37.813407, 37.736713 ] }, { "date": "2023-09-15", "close": 38.035916, "volume": 680372, "typical_volume": 1082140.7, "trend": 37.48124, "fair_value": 34.813038, "relative_strength": -3.141444, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 34.41902, "energy": 16.137801, "activity_lines": [ 37.852389, 37.817346, 37.826696, 37.776094 ] }, { "date": "2023-09-22", "close": 37.273864, "volume": 849764, "typical_volume": 1052662.05, "trend": 37.533816, "fair_value": 34.865496, "relative_strength": -2.260009, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 4.604601, "energy": 3.945764, "activity_lines": [ 37.703153, 37.712737, 37.768013, 37.762715 ] }, { "date": "2023-09-29", "close": 36.968616, "volume": 688755, "typical_volume": 1025368.55, "trend": 37.556794, "fair_value": 34.914031, "relative_strength": -2.373163, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -30.03813, "energy": 26.116263, "activity_lines": [ 37.444548, 37.563713, 37.685032, 37.726251 ] }, { "date": "2023-10-06", "close": 37.01633, "volume": 905791, "typical_volume": 1033348.75, "trend": 37.618957, "fair_value": 34.959757, "relative_strength": -2.681628, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -28.674398, "energy": 40.718162, "activity_lines": [ 37.242519, 37.444155, 37.612552, 37.691382 ] }, { "date": "2023-10-13", "close": 36.854103, "volume": 1136854, "typical_volume": 1038326.8, "trend": 37.676966, "fair_value": 35.004699, "relative_strength": -3.491948, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.968458, "energy": 61.735706, "activity_lines": [ 37.055022, 37.321432, 37.53098, 37.642037 ] }, { "date": "2023-10-20", "close": 35.775772, "volume": 2369155, "typical_volume": 1099873.6, "trend": 37.670834, "fair_value": 35.045388, "relative_strength": -3.985586, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -80.966483, "energy": 76.829898, "activity_lines": [ 36.570357, 37.014266, 37.35119, 37.519379 ] }, { "date": "2023-10-27", "close": 35.479947, "volume": 1380123, "typical_volume": 1122821.25, "trend": 37.613182, "fair_value": 35.09296, "relative_strength": -2.382374, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -83.807725, "energy": 83.525173, "activity_lines": [ 36.137761, 36.692501, 37.153334, 37.378031 ] }, { "date": "2023-11-03", "close": 37.044958, "volume": 1062739, "typical_volume": 1100379.7, "trend": 37.60864, "fair_value": 35.140147, "relative_strength": -3.646276, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.550893, "energy": 67.786293, "activity_lines": [ 36.346429, 36.685822, 37.11519, 37.341372 ] }, { "date": "2023-11-10", "close": 37.283527, "volume": 1028098, "typical_volume": 1101007.05, "trend": 37.591914, "fair_value": 35.184317, "relative_strength": -4.27441, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -57.650505, "energy": 43.76759, "activity_lines": [ 36.62953, 36.732223, 37.10617, 37.320397 ] }, { "date": "2023-11-17", "close": 38.256887, "volume": 1033019, "typical_volume": 1090565.75, "trend": 37.59725, "fair_value": 35.235544, "relative_strength": -3.934572, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -11.302655, "energy": 10.72522, "activity_lines": [ 37.219272, 36.969452, 37.191071, 37.363298 ] }, { "date": "2023-11-24", "close": 38.562255, "volume": 958563, "typical_volume": 1077096.15, "trend": 37.610563, "fair_value": 35.286022, "relative_strength": -4.071088, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "mixed", "direction": 21.602493, "energy": 31.210904, "activity_lines": [ 37.817284, 37.253682, 37.305091, 37.425557 ] }, { "date": "2023-12-01", "close": 38.734025, "volume": 815587, "typical_volume": 1022970.4, "trend": 37.625825, "fair_value": 35.336017, "relative_strength": -4.383256, "stage": 3, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 33.285767, "energy": 41.363201, "activity_lines": [ 38.286788, 37.559572, 37.427339, 37.498038 ] }, { "date": "2023-12-08", "close": 39.13482, "volume": 1024387, "typical_volume": 999473.25, "trend": 37.656335, "fair_value": 35.387255, "relative_strength": -3.541058, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 39.584962, "energy": 62.658713, "activity_lines": [ 38.672951, 37.911787, 37.583708, 37.595392 ] }, { "date": "2023-12-15", "close": 39.58333, "volume": 937188, "typical_volume": 983669.05, "trend": 37.697391, "fair_value": 35.439375, "relative_strength": -4.608222, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 79.856894, "energy": 84.506737, "activity_lines": [ 39.069293, 38.306163, 37.777922, 37.719715 ] }, { "date": "2023-12-22", "close": 40.089095, "volume": 1104017, "typical_volume": 991372.5, "trend": 37.773869, "fair_value": 35.495498, "relative_strength": -4.167791, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 84.479084, "energy": 89.729015, "activity_lines": [ 39.480904, 38.745823, 38.014977, 37.874018 ] }, { "date": "2023-12-29", "close": 40.184796, "volume": 715295, "typical_volume": 992829.4, "trend": 37.850076, "fair_value": 35.550464, "relative_strength": -4.183501, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 80.185847, "energy": 91.291799, "activity_lines": [ 39.802268, 39.144066, 38.248784, 38.029562 ] }, { "date": "2024-01-05", "close": 39.610591, "volume": 802329, "typical_volume": 998114.1, "trend": 37.913121, "fair_value": 35.59273, "relative_strength": -3.910957, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.248346, "energy": 84.296446, "activity_lines": [ 39.82406, 39.357743, 38.417173, 38.143144 ] }, { "date": "2024-01-12", "close": 40.280497, "volume": 1486592, "typical_volume": 1036049.65, "trend": 37.976157, "fair_value": 35.643052, "relative_strength": -3.944396, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 75.302771, "energy": 85.36052, "activity_lines": [ 40.010717, 39.618119, 38.63769, 38.295877 ] }, { "date": "2024-01-19", "close": 40.117806, "volume": 1198702, "typical_volume": 1033808.05, "trend": 38.062087, "fair_value": 35.689445, "relative_strength": -5.29036, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 68.097502, "energy": 73.274597, "activity_lines": [ 40.066765, 39.790087, 38.829848, 38.434048 ] }, { "date": "2024-01-26", "close": 41.065244, "volume": 1070939, "typical_volume": 1062413.45, "trend": 38.155444, "fair_value": 35.748442, "relative_strength": -3.923281, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 84.432879, "energy": 72.467861, "activity_lines": [ 40.402994, 40.082784, 39.10237, 38.6278 ] }, { "date": "2024-02-02", "close": 41.199225, "volume": 1834164, "typical_volume": 1120103.05, "trend": 38.300261, "fair_value": 35.804756, "relative_strength": -4.822069, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 83.25626, "energy": 90.103186, "activity_lines": [ 40.718807, 40.348781, 39.372046, 38.824173 ] }, { "date": "2024-02-09", "close": 41.495898, "volume": 2590025, "typical_volume": 1207116.1, "trend": 38.420674, "fair_value": 35.859056, "relative_strength": -5.312747, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 82.639682, "energy": 91.832329, "activity_lines": [ 41.065882, 40.620772, 39.654914, 39.030344 ] }, { "date": "2024-02-16", "close": 41.907412, "volume": 1569476, "typical_volume": 1251152.15, "trend": 38.547183, "fair_value": 35.915858, "relative_strength": -3.907356, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 85.832475, "energy": 94.038419, "activity_lines": [ 41.424441, 40.917369, 39.956869, 39.255294 ] }, { "date": "2024-02-23", "close": 42.74001, "volume": 1418412, "typical_volume": 1276783.2, "trend": 38.689698, "fair_value": 35.983698, "relative_strength": -3.452894, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 91.751558, "energy": 96.334651, "activity_lines": [ 41.952072, 41.314937, 40.314601, 39.525799 ] }, { "date": "2024-03-01", "close": 43.132383, "volume": 1292901, "typical_volume": 1284585.55, "trend": 38.877679, "fair_value": 36.053127, "relative_strength": -3.366622, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 90.408184, "energy": 95.92267, "activity_lines": [ 42.435681, 41.72645, 40.682446, 39.812424 ] }, { "date": "2024-03-08", "close": 43.007972, "volume": 1579749, "typical_volume": 1245115.25, "trend": 39.046907, "fair_value": 36.118871, "relative_strength": -3.252245, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 78.94296, "energy": 90.606116, "activity_lines": [ 42.74001, 42.060011, 41.008546, 40.078895 ] }, { "date": "2024-03-15", "close": 43.314215, "volume": 2172192, "typical_volume": 1284718.7, "trend": 39.252062, "fair_value": 36.186682, "relative_strength": -2.369426, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 79.429973, "energy": 87.430494, "activity_lines": [ 43.025836, 42.397922, 41.329373, 40.354205 ] }, { "date": "2024-03-22", "close": 43.921915, "volume": 1547295, "typical_volume": 1308946.5, "trend": 39.463503, "fair_value": 36.254155, "relative_strength": -2.991446, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 85.980752, "energy": 85.717503, "activity_lines": [ 43.393008, 42.778986, 41.670769, 40.655486 ] }, { "date": "2024-03-29", "close": 44.171909, "volume": 948189, "typical_volume": 1304951.05, "trend": 39.667719, "fair_value": 36.321417, "relative_strength": -2.618775, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 83.755098, "energy": 73.622834, "activity_lines": [ 43.709212, 43.139295, 42.003228, 40.959254 ] }, { "date": "2024-04-05", "close": 43.296932, "volume": 1322483, "typical_volume": 1319424.25, "trend": 39.851342, "fair_value": 36.379858, "relative_strength": -3.507841, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.874106, "energy": 67.270338, "activity_lines": [ 43.638296, 43.266807, 42.219553, 41.193397 ] }, { "date": "2024-04-12", "close": 42.979633, "volume": 1121325, "typical_volume": 1327562.35, "trend": 40.016132, "fair_value": 36.43238, "relative_strength": -2.603054, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.664502, "energy": 64.881914, "activity_lines": [ 43.450644, 43.296051, 42.38166, 41.395222 ] }, { "date": "2024-04-19", "close": 42.268113, "volume": 1834133, "typical_volume": 1378489.65, "trend": 40.182607, "fair_value": 36.47977, "relative_strength": -0.995047, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 50.994492, "energy": 49.855156, "activity_lines": [ 43.027708, 43.163558, 42.454967, 41.540511 ] }, { "date": "2024-04-26", "close": 43.18155, "volume": 1322958, "typical_volume": 1393418.2, "trend": 40.389705, "fair_value": 36.536021, "relative_strength": -1.283406, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 45.397432, "energy": 38.433601, "activity_lines": [ 42.978992, 43.183103, 42.59844, 41.733991 ] }, { "date": "2024-05-03", "close": 43.18155, "volume": 2824326, "typical_volume": 1487775.1, "trend": 40.595212, "fair_value": 36.587298, "relative_strength": -1.656218, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 43.614174, "energy": 33.530536, "activity_lines": [ 42.979632, 43.179483, 42.722642, 41.91411 ] }, { "date": "2024-05-10", "close": 44.114218, "volume": 1934461, "typical_volume": 1529297.3, "trend": 40.837216, "fair_value": 36.647818, "relative_strength": -1.163731, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 74.161903, "energy": 49.068308, "activity_lines": [ 43.357187, 43.33741, 42.918535, 42.141143 ] }, { "date": "2024-05-17", "close": 44.537284, "volume": 1506455, "typical_volume": 1568855.3, "trend": 41.129267, "fair_value": 36.710998, "relative_strength": -1.643695, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 80.333547, "energy": 63.0858, "activity_lines": [ 43.821277, 43.554407, 43.135553, 42.379857 ] }, { "date": "2024-05-24", "close": 44.450747, "volume": 1145609, "typical_volume": 1586019.3, "trend": 41.428293, "fair_value": 36.771084, "relative_strength": -1.670754, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 73.515964, "energy": 71.376086, "activity_lines": [ 44.152678, 43.727864, 43.323604, 42.594146 ] }, { "date": "2024-05-31", "close": 44.075757, "volume": 1234954, "typical_volume": 1573437.4, "trend": 41.662653, "fair_value": 36.82685, "relative_strength": -1.978963, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 64.280569, "energy": 69.817556, "activity_lines": [ 44.213574, 43.812478, 43.452892, 42.76495 ] }, { "date": "2024-06-07", "close": 44.62382, "volume": 1429328, "typical_volume": 1584968.7, "trend": 41.90733, "fair_value": 36.882865, "relative_strength": -1.873377, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 71.78733, "energy": 73.631797, "activity_lines": [ 44.397544, 43.993941, 43.616305, 42.955993 ] }, { "date": "2024-06-14", "close": 44.075757, "volume": 1195072, "typical_volume": 1591175.35, "trend": 42.101292, "fair_value": 36.938061, "relative_strength": -4.491531, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 61.33759, "energy": 51.472066, "activity_lines": [ 44.302674, 44.067541, 43.706064, 43.095891 ] }, { "date": "2024-06-21", "close": 44.325751, "volume": 1242929, "typical_volume": 1561613.6, "trend": 42.293409, "fair_value": 36.991201, "relative_strength": -4.423892, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 60.196597, "energy": 46.188071, "activity_lines": [ 44.2937, 44.172433, 43.805296, 43.239405 ] }, { "date": "2024-06-28", "close": 44.145423, "volume": 2357504, "typical_volume": 1549987.55, "trend": 42.473788, "fair_value": 37.042964, "relative_strength": -4.623776, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 56.132961, "energy": 40.965731, "activity_lines": [ 44.238719, 44.220064, 43.872465, 43.35889 ] }, { "date": "2024-07-05", "close": 44.648946, "volume": 1503535, "typical_volume": 1546690.5, "trend": 42.657593, "fair_value": 37.09567, "relative_strength": -5.24708, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.606957, "energy": 42.263361, "activity_lines": [ 44.371934, 44.325111, 43.974973, 43.499223 ] }, { "date": "2024-07-12", "close": 45.297716, "volume": 1473877, "typical_volume": 1549463.75, "trend": 42.848072, "fair_value": 37.152691, "relative_strength": -4.689085, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 74.772948, "energy": 50.76247, "activity_lines": [ 44.683193, 44.521437, 44.126213, 43.669553 ] }, { "date": "2024-07-19", "close": 43.980809, "volume": 2286657, "typical_volume": 1599151.55, "trend": 42.977796, "fair_value": 37.1984, "relative_strength": -5.491033, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 54.535701, "energy": 37.829353, "activity_lines": [ 44.510556, 44.439849, 44.139854, 43.742633 ] }, { "date": "2024-07-26", "close": 43.806513, "volume": 1739012, "typical_volume": 1607114.7, "trend": 43.09852, "fair_value": 37.242312, "relative_strength": -4.973134, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 40.654113, "energy": 26.314703, "activity_lines": [ 44.286151, 44.328996, 44.132855, 43.796098 ] }, { "date": "2024-08-02", "close": 42.13133, "volume": 1648257, "typical_volume": 1580917.95, "trend": 43.182544, "fair_value": 37.272824, "relative_strength": -6.499787, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": -9.837733, "energy": 14.074376, "activity_lines": [ 43.537967, 43.926852, 43.962513, 43.733699 ] }, { "date": "2024-08-09", "close": 42.499289, "volume": 1584360, "typical_volume": 1582771.2, "trend": 43.256504, "fair_value": 37.30298, "relative_strength": -5.55792, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "mixed", "direction": -24.731268, "energy": 30.390493, "activity_lines": [ 43.046709, 43.633781, 43.832846, 43.689618 ] }, { "date": "2024-08-16", "close": 43.854928, "volume": 958013, "typical_volume": 1583262.4, "trend": 43.381075, "fair_value": 37.346941, "relative_strength": -6.139557, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "mixed", "direction": -11.944934, "energy": 22.99806, "activity_lines": [ 43.150641, 43.615852, 43.839063, 43.728226 ] }, { "date": "2024-08-23", "close": 44.561797, "volume": 1378538, "typical_volume": 1586065.15, "trend": 43.497627, "fair_value": 37.394077, "relative_strength": -5.7957, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 22.962287, "energy": 19.212559, "activity_lines": [ 43.586382, 43.740425, 43.91411, 43.804402 ] }, { "date": "2024-08-30", "close": 44.920074, "volume": 1093626, "typical_volume": 1584680.2, "trend": 43.621655, "fair_value": 37.440899, "relative_strength": -5.17335, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 46.213958, "energy": 22.412834, "activity_lines": [ 44.102817, 43.921302, 44.017256, 43.896173 ] }, { "date": "2024-09-06", "close": 42.373408, "volume": 967166, "typical_volume": 1541331.85, "trend": 43.650905, "fair_value": 37.473119, "relative_strength": -6.526576, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -10.43611, "energy": 9.746774, "activity_lines": [ 43.696125, 43.628343, 43.868621, 43.81564 ] }, { "date": "2024-09-13", "close": 43.438554, "volume": 1361831, "typical_volume": 1543275.5, "trend": 43.701943, "fair_value": 37.515456, "relative_strength": -7.669442, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 5.222416, "energy": 6.198005, "activity_lines": [ 43.628343, 43.561265, 43.820928, 43.80194 ] }, { "date": "2024-09-20", "close": 43.351405, "volume": 844878, "typical_volume": 1444303.1, "trend": 43.722323, "fair_value": 37.557913, "relative_strength": -8.906038, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -16.214343, "energy": 10.627398, "activity_lines": [ 43.468894, 43.500349, 43.763711, 43.779325 ] }, { "date": "2024-09-27", "close": 44.345326, "volume": 1214683, "typical_volume": 1408314.2, "trend": 43.762755, "fair_value": 37.614293, "relative_strength": -7.128148, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 4.399747, "energy": 7.770089, "activity_lines": [ 43.67432, 43.655534, 43.800344, 43.819519 ] }, { "date": "2024-10-04", "close": 44.190034, "volume": 944826, "typical_volume": 1380232.75, "trend": 43.802157, "fair_value": 37.670576, "relative_strength": -7.479594, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 6.23788, "energy": 4.125671, "activity_lines": [ 43.842414, 43.775856, 43.821087, 43.847085 ] }, { "date": "2024-10-11", "close": 44.33562, "volume": 962160, "typical_volume": 1371060.3, "trend": 43.836204, "fair_value": 37.721348, "relative_strength": -8.018118, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 35.428939, "energy": 19.241277, "activity_lines": [ 44.107705, 43.915675, 43.857349, 43.881502 ] }, { "date": "2024-10-18", "close": 44.19974, "volume": 885447, "typical_volume": 1353584.95, "trend": 43.845464, "fair_value": 37.770827, "relative_strength": -8.864977, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 36.305735, "energy": 23.362238, "activity_lines": [ 44.196889, 43.990711, 43.881219, 43.904956 ] }, { "date": "2024-10-25", "close": 43.549458, "volume": 2203926, "typical_volume": 1392314.85, "trend": 43.824716, "fair_value": 37.814976, "relative_strength": -9.084755, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 27.616785, "energy": 16.149361, "activity_lines": [ 44.018567, 43.916596, 43.842566, 43.885859 ] }, { "date": "2024-11-01", "close": 42.908883, "volume": 1494224, "typical_volume": 1407272.45, "trend": 43.811781, "fair_value": 37.851375, "relative_strength": -8.92923, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -22.64069, "energy": 17.310431, "activity_lines": [ 43.613516, 43.731568, 43.748022, 43.826773 ] }, { "date": "2024-11-08", "close": 43.015645, "volume": 943785, "typical_volume": 1392315.25, "trend": 43.812981, "fair_value": 37.886609, "relative_strength": -12.563975, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -51.761103, "energy": 39.800767, "activity_lines": [ 43.339815, 43.596003, 43.669202, 43.775409 ] }, { "date": "2024-11-15", "close": 42.10331, "volume": 1056307, "typical_volume": 1327255.4, "trend": 43.807488, "fair_value": 37.915414, "relative_strength": -12.310995, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -69.035406, "energy": 63.126878, "activity_lines": [ 42.840296, 43.329185, 43.509732, 43.665108 ] }, { "date": "2024-11-22", "close": 42.831237, "volume": 1117524, "typical_volume": 1307954.85, "trend": 43.795811, "fair_value": 37.958762, "relative_strength": -11.969436, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -55.644896, "energy": 60.177534, "activity_lines": [ 42.732239, 43.199629, 43.429313, 43.602124 ] }, { "date": "2024-11-29", "close": 43.005939, "volume": 730973, "typical_volume": 1270809.65, "trend": 43.789957, "fair_value": 38.00344, "relative_strength": -12.351372, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -55.422518, "energy": 55.41658, "activity_lines": [ 42.77365, 43.112879, 43.374188, 43.551164 ] }, { "date": "2024-12-06", "close": 44.034743, "volume": 1051261, "typical_volume": 1209039.85, "trend": 43.787308, "fair_value": 38.04732, "relative_strength": -10.741561, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -36.243176, "energy": 23.401776, "activity_lines": [ 43.19423, 43.219465, 43.427957, 43.566957 ] }, { "date": "2024-12-13", "close": 43.539753, "volume": 1181290, "typical_volume": 1181153.75, "trend": 43.754057, "fair_value": 38.091301, "relative_strength": -10.943131, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -30.776441, "energy": 15.656938, "activity_lines": [ 43.374756, 43.2417, 43.434328, 43.550986 ] }, { "date": "2024-12-20", "close": 42.200367, "volume": 1388973, "typical_volume": 1168189.55, "trend": 43.679044, "fair_value": 38.121045, "relative_strength": -11.7685, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -51.687709, "energy": 22.429724, "activity_lines": [ 43.073879, 43.032233, 43.314408, 43.450748 ] }, { "date": "2024-12-27", "close": 42.729654, "volume": 1048205, "typical_volume": 1141381.8, "trend": 43.634174, "fair_value": 38.152324, "relative_strength": -10.94904, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -50.026156, "energy": 23.745112, "activity_lines": [ 42.942961, 42.957823, 43.244568, 43.389497 ] }, { "date": "2025-01-03", "close": 42.875745, "volume": 1195438, "typical_volume": 1153253.05, "trend": 43.575905, "fair_value": 38.188253, "relative_strength": -9.896763, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -47.544645, "energy": 33.648941, "activity_lines": [ 42.867513, 42.936704, 43.187544, 43.340566 ] }, { "date": "2025-01-10", "close": 43.287164, "volume": 1080609, "typical_volume": 1138356.6, "trend": 43.549619, "fair_value": 38.231485, "relative_strength": -6.991196, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -46.415079, "energy": 31.342463, "activity_lines": [ 42.937883, 43.002638, 43.174366, 43.321937 ] }, { "date": "2025-01-17", "close": 43.825927, "volume": 1647330, "typical_volume": 1166041.8, "trend": 43.532958, "fair_value": 38.283633, "relative_strength": -8.28718, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -18.312611, "energy": 8.624321, "activity_lines": [ 43.23768, 43.159651, 43.218568, 43.339764 ] }, { "date": "2025-01-24", "close": 44.668356, "volume": 1070656, "typical_volume": 1171216.3, "trend": 43.550389, "fair_value": 38.343675, "relative_strength": -7.858917, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 27.254643, "energy": 23.861323, "activity_lines": [ 43.799208, 43.455101, 43.348212, 43.413015 ] }, { "date": "2025-01-31", "close": 45.079775, "volume": 1551129, "typical_volume": 1180681.2, "trend": 43.56475, "fair_value": 38.406512, "relative_strength": -5.844201, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 35.468399, "energy": 49.065127, "activity_lines": [ 44.333344, 43.778717, 43.506111, 43.511685 ] }, { "date": "2025-02-07", "close": 45.040593, "volume": 2361563, "typical_volume": 1256515.45, "trend": 43.556179, "fair_value": 38.471061, "relative_strength": -5.558834, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 69.045842, "energy": 71.182692, "activity_lines": [ 44.697743, 44.054326, 43.652462, 43.606901 ] }, { "date": "2025-02-14", "close": 46.039753, "volume": 2723803, "typical_volume": 1331971.45, "trend": 43.624811, "fair_value": 38.541219, "relative_strength": -4.659222, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 82.217321, "energy": 83.496807, "activity_lines": [ 45.250873, 44.474607, 43.885928, 43.767131 ] }, { "date": "2025-02-21", "close": 45.520582, "volume": 1069923, "typical_volume": 1338226.3, "trend": 43.681946, "fair_value": 38.607413, "relative_strength": -3.982533, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 68.495771, "energy": 78.516782, "activity_lines": [ 45.44744, 44.764038, 44.06188, 43.889439 ] }, { "date": "2025-02-28", "close": 45.265894, "volume": 1697603, "typical_volume": 1374998.45, "trend": 43.786432, "fair_value": 38.682687, "relative_strength": -3.38257, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.271459, "energy": 71.204306, "activity_lines": [ 45.446135, 44.971148, 44.20724, 43.991629 ] }, { "date": "2025-03-07", "close": 44.874066, "volume": 2056154, "typical_volume": 1433533.8, "trend": 43.865591, "fair_value": 38.755873, "relative_strength": -1.008113, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 60.62193, "energy": 50.038416, "activity_lines": [ 45.274383, 45.051279, 44.310853, 44.061799 ] }, { "date": "2025-03-14", "close": 44.061023, "volume": 1658286, "typical_volume": 1406251.8, "trend": 43.872461, "fair_value": 38.808256, "relative_strength": -0.355185, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 41.095545, "energy": 26.437386, "activity_lines": [ 44.845332, 44.944595, 44.333823, 44.074408 ] }, { "date": "2025-03-21", "close": 43.943475, "volume": 1581417, "typical_volume": 1410611.45, "trend": 43.85185, "fair_value": 38.859911, "relative_strength": -0.945029, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 28.618984, "energy": 19.332887, "activity_lines": [ 44.442402, 44.794988, 44.343161, 44.078989 ] }, { "date": "2025-03-28", "close": 42.895336, "volume": 1838632, "typical_volume": 1455353.8, "trend": 43.784359, "fair_value": 38.902709, "relative_strength": -1.65981, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 0.832624, "energy": 17.703097, "activity_lines": [ 43.829845, 44.442877, 44.247751, 44.017279 ] }, { "date": "2025-04-04", "close": 38.839919, "volume": 3608777, "typical_volume": 1582977.3, "trend": 43.666576, "fair_value": 38.921863, "relative_strength": -1.893653, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "mixed", "direction": -54.577682, "energy": 56.094564, "activity_lines": [ 42.040498, 43.370338, 43.766682, 43.698283 ] }, { "date": "2025-04-11", "close": 39.613779, "volume": 5473064, "typical_volume": 1800754.3, "trend": 43.539083, "fair_value": 38.946995, "relative_strength": -5.053293, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -83.24765, "energy": 84.272467, "activity_lines": [ 40.937503, 42.544472, 43.374855, 43.436812 ] }, { "date": "2025-04-18", "close": 40.211316, "volume": 2592845, "typical_volume": 1893847.9, "trend": 43.434414, "fair_value": 38.982749, "relative_strength": -1.999874, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -70.864044, "energy": 83.794962, "activity_lines": [ 40.384373, 41.926631, 43.055257, 43.222117 ] }, { "date": "2025-04-25", "close": 42.043111, "volume": 2145491, "typical_volume": 1948559.4, "trend": 43.357673, "fair_value": 39.031315, "relative_strength": -1.809716, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.586446, "energy": 76.650845, "activity_lines": [ 40.698489, 41.729649, 42.923424, 43.132356 ] }, { "date": "2025-05-02", "close": 43.345938, "volume": 2744295, "typical_volume": 2026709.65, "trend": 43.329537, "fair_value": 39.094223, "relative_strength": -1.425742, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -53.937117, "energy": 40.024617, "activity_lines": [ 41.573571, 41.84221, 42.925153, 43.131599 ] }, { "date": "2025-05-09", "close": 43.208798, "volume": 1882744, "typical_volume": 2051398.2, "trend": 43.291976, "fair_value": 39.155877, "relative_strength": -1.090502, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -34.825265, "energy": 18.473932, "activity_lines": [ 42.372899, 41.969376, 42.914745, 43.123809 ] }, { "date": "2025-05-16", "close": 44.394077, "volume": 1655890, "typical_volume": 2081782.45, "trend": 43.298454, "fair_value": 39.225076, "relative_strength": -3.232236, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -8.064687, "energy": 20.447387, "activity_lines": [ 43.276062, 42.349449, 43.012418, 43.194912 ] }, { "date": "2025-05-23", "close": 43.541852, "volume": 1805446, "typical_volume": 2112282.85, "trend": 43.2982, "fair_value": 39.282554, "relative_strength": -2.377601, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "mixed", "direction": 0.435758, "energy": 20.112916, "activity_lines": [ 43.576463, 42.583299, 43.021001, 43.210616 ] }, { "date": "2025-05-30", "close": 44.305916, "volume": 1087848, "typical_volume": 2112644.8, "trend": 43.344768, "fair_value": 39.343272, "relative_strength": -2.165917, "stage": 3, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 11.35262, "energy": 23.254362, "activity_lines": [ 43.909517, 42.965509, 43.09918, 43.275629 ] }, { "date": "2025-06-06", "close": 44.756518, "volume": 1518505, "typical_volume": 2106203.55, "trend": 43.402797, "fair_value": 39.415596, "relative_strength": -2.537143, "stage": 3, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 26.711185, "energy": 29.818677, "activity_lines": [ 44.241917, 43.423057, 43.215422, 43.36671 ] }, { "date": "2025-06-13", "close": 44.36469, "volume": 1781130, "typical_volume": 2141727.25, "trend": 43.478177, "fair_value": 39.49802, "relative_strength": -2.850998, "stage": 3, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 20.284577, "energy": 31.110411, "activity_lines": [ 44.34967, 43.775524, 43.289916, 43.428768 ] }, { "date": "2025-06-20", "close": 43.963066, "volume": 1265920, "typical_volume": 2127466.8, "trend": 43.515904, "fair_value": 39.572184, "relative_strength": -3.371187, "stage": 3, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 18.057974, "energy": 22.837583, "activity_lines": [ 44.246489, 43.954518, 43.327606, 43.460051 ] }, { "date": "2025-06-27", "close": 44.926437, "volume": 2295291, "typical_volume": 2124153.2, "trend": 43.579921, "fair_value": 39.656606, "relative_strength": -4.348889, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 25.566394, "energy": 30.118851, "activity_lines": [ 44.493165, 44.229592, 43.462363, 43.551053 ] }, { "date": "2025-07-04", "close": 44.85683, "volume": 1576614, "typical_volume": 2066793.75, "trend": 43.607324, "fair_value": 39.736608, "relative_strength": -5.858432, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 34.943239, "energy": 36.78804, "activity_lines": [ 44.624333, 44.406281, 43.591035, 43.633434 ] }, { "date": "2025-07-11", "close": 45.175034, "volume": 1442622, "typical_volume": 2085428.7, "trend": 43.661833, "fair_value": 39.819249, "relative_strength": -4.701705, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 67.389126, "energy": 56.424371, "activity_lines": [ 44.824842, 44.589667, 43.755645, 43.734577 ] }, { "date": "2025-07-18", "close": 44.777279, "volume": 1541431, "typical_volume": 2077620.1, "trend": 43.74773, "fair_value": 39.893842, "relative_strength": -5.904514, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 59.059241, "energy": 56.610794, "activity_lines": [ 44.864864, 44.667477, 43.884019, 43.806541 ] }, { "date": "2025-07-25", "close": 45.552901, "volume": 984461, "typical_volume": 2024035.45, "trend": 43.841838, "fair_value": 39.965026, "relative_strength": -5.466196, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 71.021315, "energy": 68.733207, "activity_lines": [ 45.135921, 44.857792, 44.088588, 43.923004 ] }, { "date": "2025-08-01", "close": 43.564126, "volume": 2086468, "typical_volume": 2045444.55, "trend": 43.864784, "fair_value": 40.025311, "relative_strength": -7.121445, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 36.225794, "energy": 27.015375, "activity_lines": [ 44.638065, 44.665442, 44.100518, 43.905087 ] }, { "date": "2025-08-08", "close": 44.747447, "volume": 1792203, "typical_volume": 2055983.85, "trend": 43.91346, "fair_value": 40.090733, "relative_strength": -6.663514, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 42.926806, "energy": 25.511214, "activity_lines": [ 44.625469, 44.687836, 44.227511, 43.962033 ] }, { "date": "2025-08-15", "close": 45.015932, "volume": 1272034, "typical_volume": 2027653.95, "trend": 43.953127, "fair_value": 40.159345, "relative_strength": -6.775453, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 47.993958, "energy": 28.017656, "activity_lines": [ 44.70966, 44.751017, 44.376245, 44.03316 ] }, { "date": "2025-08-22", "close": 45.354024, "volume": 1209166, "typical_volume": 1907673.4, "trend": 43.975983, "fair_value": 40.236221, "relative_strength": -6.107457, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 61.405125, "energy": 32.472166, "activity_lines": [ 44.917156, 44.870954, 44.547081, 44.12354 ] }, { "date": "2025-08-29", "close": 44.657952, "volume": 1106786, "typical_volume": 1689359.5, "trend": 43.961922, "fair_value": 40.317016, "relative_strength": -7.238364, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 52.353539, "energy": 34.145429, "activity_lines": [ 44.854178, 44.846344, 44.620605, 44.167538 ] }, { "date": "2025-09-05", "close": 44.817054, "volume": 1495048, "typical_volume": 1634469.65, "trend": 43.954471, "fair_value": 40.391049, "relative_strength": -6.979642, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 50.270844, "energy": 34.421866, "activity_lines": [ 44.903897, 44.838027, 44.685261, 44.222708 ] }, { "date": "2025-09-12", "close": 45.383855, "volume": 1022720, "typical_volume": 1578331.1, "trend": 43.932608, "fair_value": 40.476824, "relative_strength": -7.039057, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 61.933737, "energy": 41.729593, "activity_lines": [ 45.059022, 44.934754, 44.781966, 44.314927 ] }, { "date": "2025-09-19", "close": 45.980488, "volume": 2047525, "typical_volume": 1543492.6, "trend": 43.947938, "fair_value": 40.574208, "relative_strength": -6.77521, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 70.021116, "energy": 49.898386, "activity_lines": [ 45.370597, 45.130377, 44.919586, 44.447048 ] }, { "date": "2025-09-26", "close": 45.672163, "volume": 821187, "typical_volume": 1490414.75, "trend": 43.96148, "fair_value": 40.669883, "relative_strength": -6.907752, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 62.05503, "energy": 57.214747, "activity_lines": [ 45.515093, 45.255296, 45.015295, 44.558288 ] }, { "date": "2025-10-03", "close": 46.909242, "volume": 1100039, "typical_volume": 1462622.2, "trend": 44.029319, "fair_value": 40.76959, "relative_strength": -5.246425, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 80.349285, "energy": 76.341822, "activity_lines": [ 46.050739, 45.588869, 45.217091, 44.748466 ] }, { "date": "2025-10-10", "close": 45.821809, "volume": 1107992, "typical_volume": 1427749.5, "trend": 44.088012, "fair_value": 40.864522, "relative_strength": -4.969065, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 60.556965, "energy": 63.244754, "activity_lines": [ 46.073822, 45.700065, 45.303345, 44.864111 ] }, { "date": "2025-10-17", "close": 46.490231, "volume": 841741, "typical_volume": 1415444.15, "trend": 44.172904, "fair_value": 40.957753, "relative_strength": -5.070916, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 67.388548, "energy": 60.274386, "activity_lines": [ 46.252729, 45.891744, 45.442402, 45.019093 ] }, { "date": "2025-10-24", "close": 47.048912, "volume": 756845, "typical_volume": 1377361.15, "trend": 44.311357, "fair_value": 41.051875, "relative_strength": -5.590575, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 75.153854, "energy": 67.890009, "activity_lines": [ 46.544104, 46.153314, 45.624265, 45.204642 ] }, { "date": "2025-10-31", "close": 46.959124, "volume": 1215784, "typical_volume": 1349093.85, "trend": 44.581997, "fair_value": 41.143718, "relative_strength": -6.258814, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 70.23897, "energy": 65.031842, "activity_lines": [ 46.734321, 46.361596, 45.78666, 45.375465 ] }, { "date": "2025-11-07", "close": 46.759595, "volume": 1054972, "typical_volume": 1338546.45, "trend": 44.820191, "fair_value": 41.224123, "relative_strength": -5.037468, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.035099, "energy": 66.240386, "activity_lines": [ 46.772232, 46.504417, 45.917698, 45.515956 ] }, { "date": "2025-11-14", "close": 47.328253, "volume": 1189644, "typical_volume": 1283264.1, "trend": 45.057422, "fair_value": 41.308393, "relative_strength": -3.961704, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 71.363965, "energy": 68.257234, "activity_lines": [ 47.009671, 46.712418, 46.089577, 45.677766 ] }, { "date": "2025-11-21", "close": 46.629901, "volume": 1579551, "typical_volume": 1283410.95, "trend": 45.210315, "fair_value": 41.385496, "relative_strength": -3.475051, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 59.786565, "energy": 45.990651, "activity_lines": [ 46.913897, 46.747788, 46.183509, 45.779216 ] }, { "date": "2025-11-28", "close": 47.677428, "volume": 578244, "typical_volume": 1240192.05, "trend": 45.354698, "fair_value": 41.467336, "relative_strength": -4.762905, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 71.717463, "energy": 50.286895, "activity_lines": [ 47.157988, 46.950961, 46.368763, 45.938385 ] }, { "date": "2025-12-05", "close": 47.857004, "volume": 735956, "typical_volume": 1199918.3, "trend": 45.509638, "fair_value": 41.553199, "relative_strength": -4.636442, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 71.625676, "energy": 53.45737, "activity_lines": [ 47.420036, 47.155932, 46.559203, 46.099824 ] }, { "date": "2025-12-12", "close": 48.116392, "volume": 907816, "typical_volume": 1196086.05, "trend": 45.633715, "fair_value": 41.644443, "relative_strength": -3.507117, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 70.942337, "energy": 54.023668, "activity_lines": [ 47.708688, 47.36834, 46.759681, 46.268002 ] }, { "date": "2025-12-19", "close": 48.445614, "volume": 844250, "typical_volume": 1133975.15, "trend": 45.797174, "fair_value": 41.738458, "relative_strength": -2.937597, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 74.597639, "energy": 73.179591, "activity_lines": [ 48.016627, 47.618658, 46.979306, 46.449415 ] }, { "date": "2025-12-26", "close": 48.738722, "volume": 488298, "typical_volume": 1068779.9, "trend": 45.944934, "fair_value": 41.83622, "relative_strength": -3.673531, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 74.722223, "energy": 78.362553, "activity_lines": [ 48.347779, 47.874563, 47.203601, 46.639192 ] }, { "date": "2026-01-02", "close": 49.208325, "volume": 641327, "typical_volume": 1037244.55, "trend": 46.093328, "fair_value": 41.92669, "relative_strength": -1.696739, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 80.088403, "energy": 84.44896, "activity_lines": [ 48.694876, 48.174968, 47.453615, 46.849733 ] }, { "date": "2026-01-09", "close": 50.677081, "volume": 1268724, "typical_volume": 1040222.45, "trend": 46.303741, "fair_value": 42.022478, "relative_strength": -0.28893, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 92.872002, "energy": 95.325026, "activity_lines": [ 49.429499, 48.703158, 47.823546, 47.145459 ] }, { "date": "2026-01-16", "close": 50.926869, "volume": 1070943, "typical_volume": 1038430.3, "trend": 46.535867, "fair_value": 42.119084, "relative_strength": 0.566686, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 89.33346, "energy": 95.29706, "activity_lines": [ 50.05938, 49.209165, 48.191919, 47.443726 ] }, { "date": "2026-01-23", "close": 50.207478, "volume": 883277, "typical_volume": 1007841.75, "trend": 46.711902, "fair_value": 42.210416, "relative_strength": -0.465513, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.956228, "energy": 87.16948, "activity_lines": [ 50.262099, 49.508605, 48.461926, 47.680604 ] }, { "date": "2026-01-30", "close": 50.127546, "volume": 1061801, "typical_volume": 1009795.8, "trend": 46.887593, "fair_value": 42.297198, "relative_strength": -0.930503, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.318246, "energy": 82.791991, "activity_lines": [ 50.320716, 49.741162, 48.698652, 47.900968 ] }, { "date": "2026-02-06", "close": 51.086734, "volume": 1047159, "typical_volume": 959777.5, "trend": 47.084649, "fair_value": 42.394769, "relative_strength": 1.212512, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 77.0161, "energy": 69.391585, "activity_lines": [ 50.606474, 50.084523, 49.00414, 48.17188 ] }, { "date": "2026-02-13", "close": 50.836945, "volume": 891138, "typical_volume": 963275.05, "trend": 47.286638, "fair_value": 42.487545, "relative_strength": 2.077131, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 69.009123, "energy": 65.091352, "activity_lines": [ 50.683742, 50.320481, 49.261523, 48.413964 ] }, { "date": "2026-02-20", "close": 51.866074, "volume": 742634, "typical_volume": 945404.8, "trend": 47.497077, "fair_value": 42.591196, "relative_strength": 3.025014, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 83.47967, "energy": 71.242025, "activity_lines": [ 51.093395, 50.689373, 49.592324, 48.709411 ] }, { "date": "2026-02-27", "close": 51.64626, "volume": 1299789, "typical_volume": 954994.65, "trend": 47.766482, "fair_value": 42.689702, "relative_strength": 3.151371, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 73.81999, "energy": 78.709865, "activity_lines": [ 51.367163, 50.950122, 49.878587, 48.9771 ] }, { "date": "2026-03-06", "close": 48.91857, "volume": 1379137, "typical_volume": 981864.45, "trend": 47.905519, "fair_value": 42.777953, "relative_strength": -0.159072, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 47.578311, "energy": 44.857612, "activity_lines": [ 50.635782, 50.656734, 49.877334, 49.051429 ] }, { "date": "2026-03-13", "close": 48.418993, "volume": 1389253, "typical_volume": 1013484.85, "trend": 48.018955, "fair_value": 42.863242, "relative_strength": 0.48851, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 25.542135, "energy": 20.50713, "activity_lines": [ 49.818475, 50.269244, 49.816939, 49.084556 ] }, { "date": "2026-03-20", "close": 46.470643, "volume": 1414031, "typical_volume": 1023397.2, "trend": 48.056175, "fair_value": 42.93062, "relative_strength": -1.601283, "stage": 2, "regime": "rotation_down", "modifier": "Structural failure", "gate": "up", "direction": -19.898454, "energy": 31.601945, "activity_lines": [ 48.529566, 49.54186, 49.564463, 48.984665 ] }, { "date": "2026-03-27", "close": 46.84, "volume": 920168, "typical_volume": 1016657.0, "trend": 48.12891, "fair_value": 42.992354, "relative_strength": 1.558687, "stage": 2, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -36.404542, "energy": 46.289627, "activity_lines": [ 47.654863, 48.958113, 49.349489, 48.906202 ] }, { "date": "2026-04-03", "close": 48.86, "volume": 1064535, "typical_volume": 1010401.55, "trend": 48.263675, "fair_value": 43.067218, "relative_strength": 2.51478, "stage": 2, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -22.584201, "energy": 37.484176, "activity_lines": [ 47.788566, 48.815945, 49.326514, 48.953369 ] }, { "date": "2026-04-10", "close": 50.48, "volume": 880759, "typical_volume": 975461.95, "trend": 48.433547, "fair_value": 43.148594, "relative_strength": 2.250572, "stage": 2, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "up", "direction": 17.71895, "energy": 23.468499, "activity_lines": [ 48.648019, 48.992822, 49.45053, 49.096358 ] }, { "date": "2026-04-17", "close": 51.49, "volume": 635559, "typical_volume": 978327.7, "trend": 48.617197, "fair_value": 43.234448, "relative_strength": -0.083693, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 50.563951, "energy": 26.545143, "activity_lines": [ 49.740043, 49.346927, 49.652403, 49.293548 ] }, { "date": "2026-04-24", "close": 49.288732, "volume": 750233, "typical_volume": 979041.55, "trend": 48.737749, "fair_value": 43.305767, "relative_strength": -4.657362, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 33.007858, "energy": 27.612386, "activity_lines": [ 49.893577, 49.293469, 49.626476, 49.336873 ] }, { "date": "2026-05-01", "close": 48.913687, "volume": 821666, "typical_volume": 974734.05, "trend": 48.804564, "fair_value": 43.373957, "relative_strength": -6.027147, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 27.530909, "energy": 24.183474, "activity_lines": [ 49.734224, 49.199971, 49.558013, 49.348224 ] }, { "date": "2026-05-08", "close": 49.762472, "volume": 799460, "typical_volume": 972494.55, "trend": 48.935919, "fair_value": 43.44795, "relative_strength": -6.347107, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 32.734614, "energy": 20.80332, "activity_lines": [ 49.719554, 49.314477, 49.56659, 49.410025 ] }, { "date": "2026-05-15", "close": 48.943296, "volume": 601866, "typical_volume": 978172.95, "trend": 49.017688, "fair_value": 43.515845, "relative_strength": -7.851802, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 20.151081, "energy": 9.757014, "activity_lines": [ 49.37166, 49.314293, 49.49088, 49.4105 ] }, { "date": "2026-05-22", "close": 49.959864, "volume": 1099743, "typical_volume": 1001093.75, "trend": 49.11472, "fair_value": 43.593827, "relative_strength": -6.527713, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 23.358191, "energy": 9.240603, "activity_lines": [ 49.465068, 49.49849, 49.511011, 49.471286 ] }, { "date": "2026-05-29", "close": 50.749431, "volume": 492729, "typical_volume": 962294.0, "trend": 49.241064, "fair_value": 43.676204, "relative_strength": -6.185837, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 50.895286, "energy": 23.698896, "activity_lines": [ 49.923675, 49.798228, 49.60276, 49.576751 ] }, { "date": "2026-06-05", "close": 50.167125, "volume": 590265, "typical_volume": 938260.1, "trend": 49.354648, "fair_value": 43.755998, "relative_strength": -4.688811, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 46.142953, "energy": 25.778737, "activity_lines": [ 50.0908, 49.914297, 49.638708, 49.636497 ] }, { "date": "2026-06-12", "close": 51.381085, "volume": 1103093, "typical_volume": 949250.9, "trend": 49.489742, "fair_value": 43.839278, "relative_strength": -2.780741, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 63.649359, "energy": 51.25533, "activity_lines": [ 50.579016, 50.190592, 49.793888, 49.767235 ] }, { "date": "2026-06-19", "close": 52.539183, "volume": 349594, "typical_volume": 913640.55, "trend": 49.686718, "fair_value": 43.935427, "relative_strength": -1.387068, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 74.535488, "energy": 68.827085, "activity_lines": [ 51.345357, 50.631613, 50.053774, 49.963973 ] }, { "date": "2026-06-26", "close": 51.95, "volume": 666519, "typical_volume": 894608.55, "trend": 49.829138, "fair_value": 44.023154, "relative_strength": -0.048536, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.471527, "energy": 67.578199, "activity_lines": [ 51.675578, 50.928069, 50.246064, 50.109991 ] }, { "date": "2026-07-03", "close": 52.82, "volume": 573626, "typical_volume": 878732.95, "trend": 49.994571, "fair_value": 44.125496, "relative_strength": -0.486143, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 74.835749, "energy": 75.629459, "activity_lines": [ 52.163123, 51.374344, 50.517101, 50.30295 ] }, { "date": "2026-07-10", "close": 52.52, "volume": 474441, "typical_volume": 865323.3, "trend": 50.141358, "fair_value": 44.21932, "relative_strength": -2.287444, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.207296, "energy": 73.968919, "activity_lines": [ 52.41263, 51.701869, 50.750123, 50.465881 ] }, { "date": "2026-07-17", "close": 52.05, "volume": 407990, "typical_volume": 820733.35, "trend": 50.261504, "fair_value": 44.308665, "relative_strength": -1.586648, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 62.715896, "energy": 64.184759, "activity_lines": [ 52.348612, 51.87837, 50.935269, 50.589019 ] }, { "date": "2026-07-24", "close": 52.116, "volume": 672142, "typical_volume": 785383.6, "trend": 50.37408, "fair_value": 44.396174, "relative_strength": -0.833227, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 60.572945, "energy": 54.69027, "activity_lines": [ 52.262, 52.025279, 51.124778, 50.708664 ] }, { "date": "2026-07-31", "close": 52.695, "volume": 495791, "typical_volume": 740710.5, "trend": 50.490302, "fair_value": 44.493623, "relative_strength": -0.810512, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.740706, "energy": 46.10792, "activity_lines": [ 52.3966, 52.219776, 51.354204, 50.858401 ] }, { "date": "2026-08-07", "close": 53.8, "volume": 680477, "typical_volume": 704032.8, "trend": 50.5944, "fair_value": 44.595347, "relative_strength": -2.127936, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 77.545008, "energy": 59.027329, "activity_lines": [ 52.849867, 52.565452, 51.668506, 51.07193 ] } ], "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." } } }