{ "ticker": { "uuid": "a9ce02cd-9952-4374-961a-169ee4611817", "symbol": "ZDM", "name": "BMO MSCI EAFE Hedged to CAD Index 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": 79.761, "architecture_energy": 57.433, "architecture_maturity": 47.926, "architecture_confidence": 83.203, "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": 9.91, "rotation_up": 61.44, "upward_expansion": 83.96, "deceleration": 57.78, "rotation_down": 23.6, "downward_expansion": 8.29 }, "activity_lines": [ 39.016666, 38.8121, 38.188163, 37.645272 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.833333 }, "latest_close": 39.709999, "trend_reference": 37.059088, "distance_from_trend": 0.071532, "trend_direction": "Improving", "fair_value": 30.664639, "distance_from_fair_value": 0.294977, "fair_value_direction": "Improving", "relative_strength": -0.816427, "relative_strength_direction": "Improving", "price_momentum": 0.087185, "excess_performance": -0.033236, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.071532, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.03794, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.294977, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.044469, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.008164, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.025015, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.087185, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 2.021963, "read": "Demand-led" } ], "volume": { "latest": 90800, "relative_activity": 1.360707, "balance": 2.021963, "dry_up": 1.049378, "accumulation_observations": 3, "distribution_observations": 0 }, "risk": { "range_context": 0.022724, "annualized_volatility": 0.148562, "from_high_reference": 0.0, "from_low_reference": 0.243243 }, "levels": { "trend_reference": 37.059088, "fair_value_reference": 30.664639, "structural_low": 33.959171, "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 44, "median_return": 0.011868, "positive_rate": 0.636364, "directional_follow_through": 0.636364, "median_excess_return": 0.004815, "regime_survival": 0.795455, "best_return": 0.076464, "worst_return": -0.055338, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 15, "median_return": 0.027116, "positive_rate": 0.866667, "directional_follow_through": 0.866667, "median_excess_return": -0.004357, "regime_survival": 0.666667, "best_return": 0.096841, "worst_return": -0.03918, "sufficient": true }, { "horizon": "Extended", "sample_count": 9, "median_return": 0.049381, "positive_rate": 0.888889, "directional_follow_through": 0.888889, "median_excess_return": 0.008582, "regime_survival": 0.777778, "best_return": 0.15425, "worst_return": -0.088136, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 4, "median_return": 0.151099, "positive_rate": 0.75, "directional_follow_through": 0.75, "median_excess_return": -0.021801, "regime_survival": 0.5, "best_return": 0.188817, "worst_return": -0.043108, "sufficient": false } ], "ledger": [ { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2023-04-21", "end": "2023-09-29", "tenure": "Established", "return": 0.008913, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2023-10-06", "end": "2023-10-20", "tenure": "New", "return": -0.025068, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2023-10-27", "end": "2023-11-10", "tenure": "New", "return": 0.046729, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2023-11-17", "end": "2023-12-01", "tenure": "New", "return": 0.008362, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2023-12-08", "end": "2024-08-09", "tenure": "Extended", "return": 0.095207, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-08-16", "end": "2024-10-11", "tenure": "Developing", "return": 0.030517, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-10-18", "end": "2024-11-08", "tenure": "New", "return": -0.019868, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-11-15", "end": "2025-01-24", "tenure": "Developing", "return": 0.051013, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-01-31", "end": "2025-03-28", "tenure": "Developing", "return": 0.001862, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-04-04", "end": "2025-04-11", "tenure": "New", "return": 0.017601, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-04-18", "end": "2025-05-23", "tenure": "Developing", "return": 0.081548, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-05-30", "end": "2026-03-20", "tenure": "Extended", "return": 0.089515, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-03-27", "end": "2026-04-17", "tenure": "New", "return": 0.087671, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-04-24", "end": "2026-08-07", "tenure": "Established", "return": 0.086754, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 23.922487, "volume": 41691, "typical_volume": 34861.0, "trend": 23.869994, "fair_value": 21.594547, "relative_strength": 5.508608, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 26.71742, "energy": 17.569565, "activity_lines": [ 24.355399, 24.384687, 24.335572, 24.142437 ] }, { "date": "2023-08-25", "close": 24.2036, "volume": 34229, "typical_volume": 35477.9, "trend": 23.906355, "fair_value": 21.637071, "relative_strength": 6.382734, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 28.441587, "energy": 16.599875, "activity_lines": [ 24.261695, 24.349626, 24.332657, 24.16396 ] }, { "date": "2023-09-01", "close": 24.615896, "volume": 61393, "typical_volume": 36846.05, "trend": 23.947851, "fair_value": 21.682845, "relative_strength": 4.243134, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 40.02527, "energy": 18.564598, "activity_lines": [ 24.337908, 24.397651, 24.3656, 24.209736 ] }, { "date": "2023-09-08", "close": 24.456598, "volume": 14826, "typical_volume": 36204.25, "trend": 23.986957, "fair_value": 21.726496, "relative_strength": 5.755275, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 32.496095, "energy": 16.047815, "activity_lines": [ 24.381636, 24.407703, 24.37995, 24.242559 ] }, { "date": "2023-09-15", "close": 24.878263, "volume": 42986, "typical_volume": 36706.75, "trend": 24.032894, "fair_value": 21.773125, "relative_strength": 4.488502, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.358609, "energy": 36.45023, "activity_lines": [ 24.559672, 24.496295, 24.432414, 24.300062 ] }, { "date": "2023-09-22", "close": 24.522192, "volume": 53532, "typical_volume": 36865.9, "trend": 24.078337, "fair_value": 21.819179, "relative_strength": 7.103394, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 49.154848, "energy": 39.78599, "activity_lines": [ 24.59528, 24.502599, 24.447047, 24.33163 ] }, { "date": "2023-09-29", "close": 24.24152, "volume": 68955, "typical_volume": 37915.65, "trend": 24.099975, "fair_value": 21.862712, "relative_strength": 6.864257, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 39.936049, "energy": 22.976162, "activity_lines": [ 24.49735, 24.453782, 24.432727, 24.342158 ] }, { "date": "2023-10-06", "close": 24.10931, "volume": 60696, "typical_volume": 38776.3, "trend": 24.136882, "fair_value": 21.903234, "relative_strength": 7.609001, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 8.602479, "energy": 5.38388, "activity_lines": [ 24.352822, 24.389098, 24.405149, 24.34276 ] }, { "date": "2023-10-13", "close": 24.213192, "volume": 31642, "typical_volume": 38214.15, "trend": 24.203998, "fair_value": 21.94542, "relative_strength": 6.599516, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 8.326161, "energy": 11.56427, "activity_lines": [ 24.276694, 24.358133, 24.388757, 24.347683 ] }, { "date": "2023-10-20", "close": 23.504927, "volume": 27762, "typical_volume": 37433.15, "trend": 24.230904, "fair_value": 21.983844, "relative_strength": 5.111588, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -37.389754, "energy": 38.869687, "activity_lines": [ 23.980704, 24.201115, 24.304558, 24.302582 ] }, { "date": "2023-10-27", "close": 23.240505, "volume": 34627, "typical_volume": 37930.6, "trend": 24.222343, "fair_value": 22.025732, "relative_strength": 5.740698, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -53.548287, "energy": 65.779422, "activity_lines": [ 23.68813, 24.014517, 24.199125, 24.238685 ] }, { "date": "2023-11-03", "close": 24.26041, "volume": 41792, "typical_volume": 38079.9, "trend": 24.248088, "fair_value": 22.067722, "relative_strength": 4.099532, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -56.336892, "energy": 59.660289, "activity_lines": [ 23.82097, 24.025755, 24.195591, 24.241141 ] }, { "date": "2023-11-10", "close": 24.326509, "volume": 25174, "typical_volume": 37756.5, "trend": 24.262399, "fair_value": 22.104032, "relative_strength": 5.037446, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -47.591297, "energy": 44.690519, "activity_lines": [ 23.974583, 24.047978, 24.200209, 24.246201 ] }, { "date": "2023-11-17", "close": 24.845907, "volume": 25871, "typical_volume": 37622.15, "trend": 24.289684, "fair_value": 22.143006, "relative_strength": 4.273376, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -5.412458, "energy": 7.051344, "activity_lines": [ 24.286849, 24.169899, 24.253312, 24.283846 ] }, { "date": "2023-11-24", "close": 24.987556, "volume": 43085, "typical_volume": 37647.05, "trend": 24.320761, "fair_value": 22.180169, "relative_strength": 4.976782, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 32.259406, "energy": 33.929469, "activity_lines": [ 24.604151, 24.310496, 24.318542, 24.32887 ] }, { "date": "2023-12-01", "close": 25.053663, "volume": 28558, "typical_volume": 38005.25, "trend": 24.354041, "fair_value": 22.218088, "relative_strength": 3.232059, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 69.438679, "energy": 59.073429, "activity_lines": [ 24.844646, 24.461125, 24.384951, 24.376154 ] }, { "date": "2023-12-08", "close": 25.119766, "volume": 42985, "typical_volume": 38642.05, "trend": 24.387975, "fair_value": 22.256875, "relative_strength": 3.908722, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 70.871059, "energy": 73.128556, "activity_lines": [ 24.986298, 24.61411, 24.454055, 24.425556 ] }, { "date": "2023-12-15", "close": 25.261421, "volume": 35523, "typical_volume": 38338.55, "trend": 24.417332, "fair_value": 22.295627, "relative_strength": 3.305226, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 72.68084, "energy": 77.581902, "activity_lines": [ 25.117878, 24.776882, 24.534607, 24.481907 ] }, { "date": "2023-12-22", "close": 25.516397, "volume": 58409, "typical_volume": 39880.85, "trend": 24.463247, "fair_value": 22.33618, "relative_strength": 2.414969, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 78.503978, "energy": 81.254378, "activity_lines": [ 25.272123, 24.965065, 24.637841, 24.552815 ] }, { "date": "2023-12-29", "close": 25.611542, "volume": 13831, "typical_volume": 39378.35, "trend": 24.505825, "fair_value": 22.37684, "relative_strength": 2.239876, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 77.21113, "energy": 81.724515, "activity_lines": [ 25.413384, 25.146854, 24.744643, 24.626898 ] }, { "date": "2024-01-05", "close": 25.544939, "volume": 41094, "typical_volume": 39348.5, "trend": 24.549282, "fair_value": 22.41238, "relative_strength": 1.927878, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 70.588955, "energy": 80.453297, "activity_lines": [ 25.490844, 25.27823, 24.839915, 24.693938 ] }, { "date": "2024-01-12", "close": 25.830357, "volume": 48558, "typical_volume": 40064.95, "trend": 24.588615, "fair_value": 22.451091, "relative_strength": 2.625038, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 78.96492, "energy": 85.556163, "activity_lines": [ 25.630692, 25.419602, 24.954644, 24.776588 ] }, { "date": "2024-01-19", "close": 25.725702, "volume": 49950, "typical_volume": 39492.8, "trend": 24.642127, "fair_value": 22.488572, "relative_strength": 2.434062, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 70.048043, "energy": 80.731122, "activity_lines": [ 25.688282, 25.513402, 25.051659, 24.849948 ] }, { "date": "2024-01-26", "close": 26.182373, "volume": 31045, "typical_volume": 40303.75, "trend": 24.696217, "fair_value": 22.532892, "relative_strength": 2.9689, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 84.559902, "energy": 87.180522, "activity_lines": [ 25.867144, 25.664792, 25.186882, 24.949319 ] }, { "date": "2024-02-02", "close": 26.344109, "volume": 59303, "typical_volume": 41119.6, "trend": 24.77725, "fair_value": 22.574058, "relative_strength": 3.597997, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 86.922412, "energy": 93.524496, "activity_lines": [ 26.05552, 25.82129, 25.32929, 25.055635 ] }, { "date": "2024-02-09", "close": 26.51536, "volume": 29055, "typical_volume": 39895.75, "trend": 24.851185, "fair_value": 22.61459, "relative_strength": 4.425587, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 85.771857, "energy": 93.462814, "activity_lines": [ 26.252141, 25.98426, 25.481028, 25.167771 ] }, { "date": "2024-02-16", "close": 26.810295, "volume": 25970, "typical_volume": 37746.5, "trend": 24.921833, "fair_value": 22.656845, "relative_strength": 4.173128, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 89.016476, "energy": 95.424529, "activity_lines": [ 26.482379, 26.174278, 25.651363, 25.294165 ] }, { "date": "2024-02-23", "close": 27.228907, "volume": 28159, "typical_volume": 36119.65, "trend": 24.998626, "fair_value": 22.703738, "relative_strength": 4.810906, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 92.741089, "energy": 97.012211, "activity_lines": [ 26.786826, 26.40967, 25.849334, 25.443008 ] }, { "date": "2024-03-01", "close": 27.400158, "volume": 47165, "typical_volume": 36895.8, "trend": 25.099868, "fair_value": 22.749886, "relative_strength": 4.581607, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 89.829109, "energy": 95.931395, "activity_lines": [ 27.048142, 26.640426, 26.048759, 25.597946 ] }, { "date": "2024-03-08", "close": 27.55238, "volume": 38507, "typical_volume": 37433.05, "trend": 25.200875, "fair_value": 22.794273, "relative_strength": 4.095361, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 86.203327, "energy": 94.561032, "activity_lines": [ 27.279014, 26.864609, 26.247506, 25.756172 ] }, { "date": "2024-03-15", "close": 27.61898, "volume": 38607, "typical_volume": 37632.05, "trend": 25.324091, "fair_value": 22.838472, "relative_strength": 3.618734, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 80.571373, "energy": 91.743307, "activity_lines": [ 27.451534, 27.065613, 26.433322, 25.912179 ] }, { "date": "2024-03-22", "close": 28.161274, "volume": 28558, "typical_volume": 36970.35, "trend": 25.456014, "fair_value": 22.885197, "relative_strength": 4.8115, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 91.450021, "energy": 92.156948, "activity_lines": [ 27.731244, 27.327506, 26.649935, 26.095223 ] }, { "date": "2024-03-29", "close": 28.304823, "volume": 24875, "typical_volume": 36955.4, "trend": 25.578978, "fair_value": 22.931887, "relative_strength": 4.299538, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 88.112767, "energy": 86.93943, "activity_lines": [ 27.968738, 27.573119, 26.861644, 26.279017 ] }, { "date": "2024-04-05", "close": 27.931259, "volume": 31045, "typical_volume": 37214.1, "trend": 25.6948, "fair_value": 22.974945, "relative_strength": 2.325575, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.395871, "energy": 68.414453, "activity_lines": [ 28.009983, 27.703917, 27.018831, 26.430777 ] }, { "date": "2024-04-12", "close": 27.778004, "volume": 21892, "typical_volume": 36154.45, "trend": 25.791458, "fair_value": 23.016065, "relative_strength": 3.283721, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.809324, "energy": 67.379451, "activity_lines": [ 27.964737, 27.775054, 27.14673, 26.565178 ] }, { "date": "2024-04-19", "close": 27.404434, "volume": 19106, "typical_volume": 35681.85, "trend": 25.887533, "fair_value": 23.055859, "relative_strength": 2.174537, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.884942, "energy": 63.272058, "activity_lines": [ 27.779926, 27.752197, 27.225763, 26.669241 ] }, { "date": "2024-04-26", "close": 28.122831, "volume": 38209, "typical_volume": 35443.05, "trend": 26.01691, "fair_value": 23.101439, "relative_strength": 3.894881, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 76.441375, "energy": 64.030609, "activity_lines": [ 27.848883, 27.843794, 27.362021, 26.813454 ] }, { "date": "2024-05-03", "close": 28.122831, "volume": 17314, "typical_volume": 34532.6, "trend": 26.150694, "fair_value": 23.144263, "relative_strength": 3.819267, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 72.094018, "energy": 61.052566, "activity_lines": [ 27.920403, 27.911526, 27.483979, 26.949319 ] }, { "date": "2024-05-10", "close": 28.716703, "volume": 36120, "typical_volume": 33418.15, "trend": 26.300811, "fair_value": 23.192244, "relative_strength": 4.120347, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 84.563063, "energy": 69.114413, "activity_lines": [ 28.202014, 28.070981, 27.64887, 27.114868 ] }, { "date": "2024-05-17", "close": 29.013641, "volume": 39304, "typical_volume": 34691.8, "trend": 26.484435, "fair_value": 23.241735, "relative_strength": 4.312471, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 87.579209, "energy": 77.105783, "activity_lines": [ 28.53024, 28.260488, 27.826801, 27.28989 ] }, { "date": "2024-05-24", "close": 28.94659, "volume": 35721, "typical_volume": 34423.15, "trend": 26.674637, "fair_value": 23.288885, "relative_strength": 4.606926, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 78.353581, "energy": 88.14005, "activity_lines": [ 28.753741, 28.411236, 27.982146, 27.448738 ] }, { "date": "2024-05-31", "close": 28.898697, "volume": 55821, "typical_volume": 34786.3, "trend": 26.829247, "fair_value": 23.334378, "relative_strength": 4.543008, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 71.461546, "energy": 86.195327, "activity_lines": [ 28.858467, 28.529137, 28.116731, 27.592226 ] }, { "date": "2024-06-07", "close": 28.994484, "volume": 40298, "typical_volume": 34303.7, "trend": 26.984846, "fair_value": 23.379249, "relative_strength": 5.976403, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 71.812118, "energy": 81.71446, "activity_lines": [ 28.943398, 28.651047, 28.245828, 27.731919 ] }, { "date": "2024-06-14", "close": 28.362295, "volume": 72536, "typical_volume": 36378.25, "trend": 27.102059, "fair_value": 23.422147, "relative_strength": 5.303334, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.236644, "energy": 59.969855, "activity_lines": [ 28.759488, 28.645474, 28.299151, 27.820787 ] }, { "date": "2024-06-21", "close": 28.563444, "volume": 90945, "typical_volume": 37960.35, "trend": 27.221255, "fair_value": 23.464367, "relative_strength": 6.328072, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 52.12554, "energy": 47.687404, "activity_lines": [ 28.666256, 28.668636, 28.36125, 27.915069 ] }, { "date": "2024-06-28", "close": 28.755276, "volume": 40597, "typical_volume": 38537.45, "trend": 27.344642, "fair_value": 23.508495, "relative_strength": 5.316011, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 52.224866, "energy": 43.16165, "activity_lines": [ 28.66698, 28.712396, 28.43105, 28.014039 ] }, { "date": "2024-07-05", "close": 29.169924, "volume": 218901, "typical_volume": 48184.0, "trend": 27.479648, "fair_value": 23.555169, "relative_strength": 5.757541, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 75.032279, "energy": 50.096948, "activity_lines": [ 28.818675, 28.806986, 28.529675, 28.131799 ] }, { "date": "2024-07-12", "close": 29.420639, "volume": 46368, "typical_volume": 49094.45, "trend": 27.618288, "fair_value": 23.604807, "relative_strength": 3.618775, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 78.921798, "energy": 58.819986, "activity_lines": [ 29.03586, 28.928123, 28.640941, 28.257024 ] }, { "date": "2024-07-19", "close": 28.793848, "volume": 30448, "typical_volume": 48258.6, "trend": 27.727537, "fair_value": 23.64856, "relative_strength": 1.231012, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 59.830616, "energy": 50.193754, "activity_lines": [ 29.015704, 28.911701, 28.682076, 28.332866 ] }, { "date": "2024-07-26", "close": 28.687777, "volume": 36717, "typical_volume": 48169.1, "trend": 27.830078, "fair_value": 23.69186, "relative_strength": 0.242476, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 56.945221, "energy": 43.66501, "activity_lines": [ 28.931421, 28.87459, 28.706472, 28.394817 ] }, { "date": "2024-08-02", "close": 27.49205, "volume": 36517, "typical_volume": 48064.6, "trend": 27.894981, "fair_value": 23.725459, "relative_strength": -1.447623, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 4.551166, "energy": 8.299629, "activity_lines": [ 28.440274, 28.626, 28.611582, 28.373009 ] }, { "date": "2024-08-09", "close": 27.511337, "volume": 45572, "typical_volume": 48915.3, "trend": 27.951014, "fair_value": 23.757767, "relative_strength": -1.795785, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": -12.833446, "energy": 26.887699, "activity_lines": [ 28.03977, 28.407362, 28.519134, 28.348258 ] }, { "date": "2024-08-16", "close": 28.446703, "volume": 20300, "typical_volume": 48686.55, "trend": 28.041714, "fair_value": 23.798108, "relative_strength": -1.771061, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 3.613813, "energy": 22.527237, "activity_lines": [ 28.061628, 28.384016, 28.518864, 28.380238 ] }, { "date": "2024-08-23", "close": 28.813135, "volume": 16419, "typical_volume": 47955.25, "trend": 28.129406, "fair_value": 23.839384, "relative_strength": -1.520732, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 16.146705, "energy": 21.60121, "activity_lines": [ 28.270558, 28.437254, 28.552816, 28.430007 ] }, { "date": "2024-08-30", "close": 29.169924, "volume": 18509, "typical_volume": 47786.1, "trend": 28.2236, "fair_value": 23.881589, "relative_strength": -0.63599, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 45.82258, "energy": 19.888901, "activity_lines": [ 28.597133, 28.547165, 28.616548, 28.497137 ] }, { "date": "2024-09-06", "close": 27.85848, "volume": 31145, "typical_volume": 48388.05, "trend": 28.268371, "fair_value": 23.915897, "relative_strength": -2.757398, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 10.532156, "energy": 10.998471, "activity_lines": [ 28.454416, 28.407604, 28.548753, 28.473581 ] }, { "date": "2024-09-13", "close": 28.437059, "volume": 18408, "typical_volume": 47398.0, "trend": 28.322596, "fair_value": 23.954253, "relative_strength": -4.05388, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 27.816866, "energy": 16.91498, "activity_lines": [ 28.480131, 28.389546, 28.533899, 28.484464 ] }, { "date": "2024-09-20", "close": 28.658848, "volume": 39205, "typical_volume": 48492.55, "trend": 28.370261, "fair_value": 23.9942, "relative_strength": -4.458729, "stage": 3, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 33.694776, "energy": 16.067547, "activity_lines": [ 28.51806, 28.425137, 28.538671, 28.506158 ] }, { "date": "2024-09-27", "close": 29.072153, "volume": 44877, "typical_volume": 48930.4, "trend": 28.425994, "fair_value": 24.039698, "relative_strength": -3.402639, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 44.020443, "energy": 17.842723, "activity_lines": [ 28.679615, 28.549726, 28.580253, 28.551441 ] }, { "date": "2024-10-04", "close": 29.32453, "volume": 23383, "typical_volume": 48134.35, "trend": 28.485066, "fair_value": 24.086985, "relative_strength": -3.336961, "stage": 3, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 60.802258, "energy": 41.824679, "activity_lines": [ 28.908027, 28.715141, 28.644178, 28.609411 ] }, { "date": "2024-10-11", "close": 29.314825, "volume": 27165, "typical_volume": 47706.55, "trend": 28.541594, "fair_value": 24.130967, "relative_strength": -4.51927, "stage": 3, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 59.242246, "energy": 53.591852, "activity_lines": [ 29.122897, 28.867214, 28.705699, 28.662944 ] }, { "date": "2024-10-18", "close": 29.314825, "volume": 30846, "typical_volume": 46457.8, "trend": 28.580046, "fair_value": 24.174807, "relative_strength": -5.800329, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 60.529158, "energy": 59.62692, "activity_lines": [ 29.240678, 28.986146, 28.765466, 28.71283 ] }, { "date": "2024-10-25", "close": 28.848894, "volume": 12339, "typical_volume": 45059.85, "trend": 28.598181, "fair_value": 24.214437, "relative_strength": -5.849705, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 55.882416, "energy": 51.650822, "activity_lines": [ 29.144631, 28.987573, 28.778877, 28.730175 ] }, { "date": "2024-11-01", "close": 28.693584, "volume": 23583, "typical_volume": 42612.2, "trend": 28.623592, "fair_value": 24.250852, "relative_strength": -5.492476, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 47.202452, "energy": 26.680797, "activity_lines": [ 28.984143, 28.953448, 28.77819, 28.73633 ] }, { "date": "2024-11-08", "close": 28.73241, "volume": 32637, "typical_volume": 39696.8, "trend": 28.655406, "fair_value": 24.287232, "relative_strength": -7.181607, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 31.605071, "energy": 14.425204, "activity_lines": [ 28.861836, 28.928557, 28.779623, 28.74335 ] }, { "date": "2024-11-15", "close": 28.489737, "volume": 30846, "typical_volume": 39209.25, "trend": 28.691582, "fair_value": 24.322341, "relative_strength": -8.32853, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 14.07498, "energy": 16.03917, "activity_lines": [ 28.698113, 28.867498, 28.757139, 28.732662 ] }, { "date": "2024-11-22", "close": 28.800358, "volume": 33035, "typical_volume": 29915.95, "trend": 28.714167, "fair_value": 24.36678, "relative_strength": -9.18997, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 3.301193, "energy": 11.2179, "activity_lines": [ 28.692935, 28.851438, 28.765504, 28.73968 ] }, { "date": "2024-11-29", "close": 28.829477, "volume": 40298, "typical_volume": 29612.45, "trend": 28.737722, "fair_value": 24.41004, "relative_strength": -9.679502, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 3.363072, "energy": 7.507252, "activity_lines": [ 28.731762, 28.834068, 28.778401, 28.747119 ] }, { "date": "2024-12-06", "close": 29.295406, "volume": 30747, "typical_volume": 29627.4, "trend": 28.757012, "fair_value": 24.452646, "relative_strength": -8.241204, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 53.667282, "energy": 23.279506, "activity_lines": [ 28.927193, 28.898309, 28.838487, 28.783099 ] }, { "date": "2024-12-13", "close": 29.217754, "volume": 53234, "typical_volume": 30453.25, "trend": 28.763815, "fair_value": 24.496233, "relative_strength": -6.865346, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 53.673317, "energy": 40.737293, "activity_lines": [ 29.056619, 28.944372, 28.88879, 28.812824 ] }, { "date": "2024-12-20", "close": 28.450911, "volume": 33134, "typical_volume": 30284.1, "trend": 28.747293, "fair_value": 24.5328, "relative_strength": -6.72744, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 16.401682, "energy": 12.766034, "activity_lines": [ 28.898073, 28.852951, 28.863536, 28.792637 ] }, { "date": "2024-12-27", "close": 28.897427, "volume": 8856, "typical_volume": 28448.3, "trend": 28.74725, "fair_value": 24.571141, "relative_strength": -5.933252, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 33.693533, "energy": 18.419093, "activity_lines": [ 28.890955, 28.858422, 28.876242, 28.802323 ] }, { "date": "2025-01-03", "close": 28.98538, "volume": 19901, "typical_volume": 28428.35, "trend": 28.746947, "fair_value": 24.609702, "relative_strength": -6.59685, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 36.943326, "energy": 15.423845, "activity_lines": [ 28.906684, 28.887474, 28.890724, 28.817686 ] }, { "date": "2025-01-10", "close": 28.941402, "volume": 85571, "typical_volume": 31885.95, "trend": 28.766251, "fair_value": 24.648268, "relative_strength": -5.495935, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 34.198874, "energy": 15.967481, "activity_lines": [ 28.897359, 28.906048, 28.898452, 28.830232 ] }, { "date": "2025-01-17", "close": 29.444689, "volume": 56119, "typical_volume": 33766.45, "trend": 28.795625, "fair_value": 24.694583, "relative_strength": -4.921254, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 64.510631, "energy": 40.859674, "activity_lines": [ 29.079397, 29.011623, 28.953502, 28.874002 ] }, { "date": "2025-01-24", "close": 29.94309, "volume": 68357, "typical_volume": 35627.05, "trend": 28.835219, "fair_value": 24.744894, "relative_strength": -4.738264, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 77.069264, "energy": 67.344649, "activity_lines": [ 29.41244, 29.194866, 29.054709, 28.948032 ] }, { "date": "2025-01-31", "close": 30.13854, "volume": 44676, "typical_volume": 36940.45, "trend": 28.867506, "fair_value": 24.795771, "relative_strength": -4.256033, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 82.010014, "energy": 79.301366, "activity_lines": [ 29.711154, 29.387221, 29.164605, 29.032117 ] }, { "date": "2025-02-07", "close": 30.128769, "volume": 53433, "typical_volume": 37651.85, "trend": 28.891111, "fair_value": 24.846642, "relative_strength": -3.830916, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 75.286822, "energy": 80.891498, "activity_lines": [ 29.92387, 29.553468, 29.265467, 29.113489 ] }, { "date": "2025-02-14", "close": 30.754213, "volume": 21592, "typical_volume": 36487.6, "trend": 28.956456, "fair_value": 24.902096, "relative_strength": -1.906304, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 86.337744, "energy": 89.5168, "activity_lines": [ 30.268842, 29.809809, 29.418896, 29.233689 ] }, { "date": "2025-02-21", "close": 30.461035, "volume": 30746, "typical_volume": 36855.75, "trend": 29.015565, "fair_value": 24.957215, "relative_strength": -1.449626, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 70.747603, "energy": 83.44584, "activity_lines": [ 30.395234, 29.986322, 29.536394, 29.330759 ] }, { "date": "2025-02-28", "close": 30.724894, "volume": 97810, "typical_volume": 40388.0, "trend": 29.123326, "fair_value": 25.02227, "relative_strength": -1.466281, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 75.708546, "energy": 83.844184, "activity_lines": [ 30.541822, 30.188203, 29.673609, 29.441038 ] }, { "date": "2025-03-07", "close": 30.900799, "volume": 185767, "typical_volume": 48134.05, "trend": 29.236308, "fair_value": 25.088166, "relative_strength": 1.669182, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 75.944907, "energy": 79.773155, "activity_lines": [ 30.694925, 30.380722, 29.820862, 29.555714 ] }, { "date": "2025-03-14", "close": 30.548988, "volume": 78009, "typical_volume": 51417.55, "trend": 29.306385, "fair_value": 25.147227, "relative_strength": 1.384072, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.229411, "energy": 54.690444, "activity_lines": [ 30.67994, 30.472851, 29.927057, 29.640403 ] }, { "date": "2025-03-21", "close": 30.666258, "volume": 99502, "typical_volume": 55213.5, "trend": 29.368155, "fair_value": 25.202059, "relative_strength": 0.16414, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 62.42911, "energy": 52.725329, "activity_lines": [ 30.676031, 30.557872, 30.036326, 29.728136 ] }, { "date": "2025-03-28", "close": 30.194662, "volume": 70944, "typical_volume": 57128.85, "trend": 29.402313, "fair_value": 25.25335, "relative_strength": -0.452958, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 48.393892, "energy": 39.235469, "activity_lines": [ 30.520787, 30.525787, 30.091286, 29.781459 ] }, { "date": "2025-04-04", "close": 27.381739, "volume": 205767, "typical_volume": 65874.9, "trend": 29.386422, "fair_value": 25.287531, "relative_strength": -3.520746, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "up", "direction": -7.96983, "energy": 21.151538, "activity_lines": [ 29.445659, 29.968626, 29.871386, 29.6511 ] }, { "date": "2025-04-11", "close": 27.863676, "volume": 179002, "typical_volume": 73173.25, "trend": 29.367309, "fair_value": 25.325434, "relative_strength": -3.331443, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -37.349802, "energy": 40.730157, "activity_lines": [ 28.754055, 29.54566, 29.702661, 29.552858 ] }, { "date": "2025-04-18", "close": 28.463631, "volume": 56119, "typical_volume": 73964.3, "trend": 29.360802, "fair_value": 25.368048, "relative_strength": -3.597922, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -24.52032, "energy": 40.608494, "activity_lines": [ 28.464911, 29.273138, 29.595535, 29.494556 ] }, { "date": "2025-04-25", "close": 29.584867, "volume": 78108, "typical_volume": 76332.35, "trend": 29.377892, "fair_value": 25.419001, "relative_strength": -1.771475, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -22.424404, "energy": 35.712165, "activity_lines": [ 28.688535, 29.234752, 29.596935, 29.509012 ] }, { "date": "2025-05-02", "close": 30.361864, "volume": 53135, "typical_volume": 76327.4, "trend": 29.41247, "fair_value": 25.476662, "relative_strength": -0.37686, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": 2.909641, "energy": 11.943993, "activity_lines": [ 29.243251, 29.358899, 29.670957, 29.572494 ] }, { "date": "2025-05-09", "close": 30.381533, "volume": 33035, "typical_volume": 76322.45, "trend": 29.448027, "fair_value": 25.53445, "relative_strength": -1.455994, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 41.166624, "energy": 24.595106, "activity_lines": [ 29.793377, 29.488426, 29.741404, 29.635014 ] }, { "date": "2025-05-16", "close": 31.040508, "volume": 108556, "typical_volume": 81307.45, "trend": 29.50555, "fair_value": 25.597153, "relative_strength": -1.549564, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 55.017564, "energy": 41.494181, "activity_lines": [ 30.363175, 29.744009, 29.865416, 29.737755 ] }, { "date": "2025-05-23", "close": 30.784788, "volume": 98406, "typical_volume": 85232.7, "trend": 29.57008, "fair_value": 25.6543, "relative_strength": -1.847041, "stage": 3, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 49.67405, "energy": 42.669189, "activity_lines": [ 30.635944, 29.950557, 29.95487, 29.820286 ] }, { "date": "2025-05-30", "close": 31.178204, "volume": 49253, "typical_volume": 83416.8, "trend": 29.6529, "fair_value": 25.714199, "relative_strength": -1.546931, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.950113, "energy": 64.70718, "activity_lines": [ 30.885108, 30.224348, 30.073223, 29.924036 ] }, { "date": "2025-06-06", "close": 31.394583, "volume": 60199, "typical_volume": 83620.8, "trend": 29.741639, "fair_value": 25.779633, "relative_strength": -1.613694, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 69.339648, "energy": 70.020332, "activity_lines": [ 31.100176, 30.528173, 30.201532, 30.036403 ] }, { "date": "2025-06-13", "close": 31.050343, "volume": 102386, "typical_volume": 85322.25, "trend": 29.826993, "fair_value": 25.849541, "relative_strength": -2.753371, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 60.972777, "energy": 61.274823, "activity_lines": [ 31.13165, 30.747592, 30.287771, 30.120836 ] }, { "date": "2025-06-20", "close": 30.725771, "volume": 84078, "typical_volume": 87292.35, "trend": 29.891173, "fair_value": 25.914315, "relative_strength": -3.490105, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 57.609289, "energy": 43.735317, "activity_lines": [ 31.010345, 30.841295, 30.337826, 30.178821 ] }, { "date": "2025-06-27", "close": 31.287802, "volume": 115918, "typical_volume": 90416.6, "trend": 29.973118, "fair_value": 25.982701, "relative_strength": -2.218882, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 61.280453, "energy": 40.25077, "activity_lines": [ 31.097366, 30.985149, 30.438611, 30.268926 ] }, { "date": "2025-07-04", "close": 31.495531, "volume": 34826, "typical_volume": 91078.3, "trend": 30.046455, "fair_value": 26.050331, "relative_strength": -2.627634, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.834442, "energy": 43.600313, "activity_lines": [ 31.220096, 31.115422, 30.553661, 30.367147 ] }, { "date": "2025-07-11", "close": 31.436178, "volume": 86965, "typical_volume": 93889.25, "trend": 30.120403, "fair_value": 26.11845, "relative_strength": -2.501311, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 64.195368, "energy": 53.855017, "activity_lines": [ 31.301887, 31.200165, 30.659528, 30.456806 ] }, { "date": "2025-07-18", "close": 31.421343, "volume": 89551, "typical_volume": 93476.3, "trend": 30.219417, "fair_value": 26.184444, "relative_strength": -3.39982, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 62.200352, "energy": 61.741881, "activity_lines": [ 31.37596, 31.262678, 30.759339, 30.540738 ] }, { "date": "2025-07-25", "close": 32.039581, "volume": 66368, "typical_volume": 87506.35, "trend": 30.324155, "fair_value": 26.25069, "relative_strength": -1.999674, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 79.418207, "energy": 79.28351, "activity_lines": [ 31.631378, 31.418691, 30.914713, 30.658168 ] }, { "date": "2025-08-01", "close": 31.12459, "volume": 115918, "typical_volume": 89401.8, "trend": 30.395462, "fair_value": 26.311418, "relative_strength": -2.995053, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 61.567595, "energy": 58.090015, "activity_lines": [ 31.494213, 31.390178, 30.977522, 30.709809 ] }, { "date": "2025-08-08", "close": 32.000015, "volume": 58507, "typical_volume": 87352.05, "trend": 30.497416, "fair_value": 26.375611, "relative_strength": -2.792882, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 73.836208, "energy": 56.901332, "activity_lines": [ 31.659736, 31.514655, 31.120964, 30.813328 ] }, { "date": "2025-08-15", "close": 32.563843, "volume": 106964, "typical_volume": 89153.05, "trend": 30.601388, "fair_value": 26.444753, "relative_strength": -1.493565, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 82.971731, "energy": 75.317042, "activity_lines": [ 31.97957, 31.726704, 31.311753, 30.946646 ] }, { "date": "2025-08-22", "close": 32.880386, "volume": 73531, "typical_volume": 82541.25, "trend": 30.699298, "fair_value": 26.519462, "relative_strength": -1.914731, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 84.163298, "energy": 80.805607, "activity_lines": [ 32.329741, 31.975047, 31.521407, 31.093678 ] }, { "date": "2025-08-29", "close": 32.34623, "volume": 94128, "typical_volume": 78297.55, "trend": 30.772887, "fair_value": 26.593995, "relative_strength": -4.107396, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.100191, "energy": 80.371178, "activity_lines": [ 32.40459, 32.092997, 31.654005, 31.199932 ] }, { "date": "2025-09-05", "close": 32.366009, "volume": 54329, "typical_volume": 78208.05, "trend": 30.847462, "fair_value": 26.664363, "relative_strength": -5.48694, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.334084, "energy": 77.294168, "activity_lines": [ 32.465588, 32.185081, 31.767141, 31.302714 ] }, { "date": "2025-09-12", "close": 32.751793, "volume": 84377, "typical_volume": 78521.5, "trend": 30.914048, "fair_value": 26.741032, "relative_strength": -4.985414, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 70.966798, "energy": 71.411358, "activity_lines": [ 32.57242, 32.327703, 31.898436, 31.425574 ] }, { "date": "2025-09-19", "close": 32.80125, "volume": 70646, "typical_volume": 79397.05, "trend": 30.992055, "fair_value": 26.822715, "relative_strength": -6.239564, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.933167, "energy": 57.764681, "activity_lines": [ 32.64562, 32.456476, 32.01936, 31.547329 ] }, { "date": "2025-09-26", "close": 32.870491, "volume": 72637, "typical_volume": 81377.15, "trend": 31.063575, "fair_value": 26.907169, "relative_strength": -5.851219, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 69.344459, "energy": 59.081034, "activity_lines": [ 32.726072, 32.573019, 32.135263, 31.668518 ] }, { "date": "2025-10-03", "close": 33.51696, "volume": 72338, "typical_volume": 79566.25, "trend": 31.150781, "fair_value": 26.993019, "relative_strength": -6.06261, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 82.123697, "energy": 72.780724, "activity_lines": [ 33.022674, 32.780754, 32.300882, 31.826801 ] }, { "date": "2025-10-10", "close": 32.979897, "volume": 237905, "typical_volume": 86541.2, "trend": 31.231811, "fair_value": 27.076245, "relative_strength": -5.501038, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.486473, "energy": 57.197559, "activity_lines": [ 33.062206, 32.863979, 32.403559, 31.944809 ] }, { "date": "2025-10-17", "close": 33.586582, "volume": 189250, "typical_volume": 93541.05, "trend": 31.329155, "fair_value": 27.160319, "relative_strength": -4.483206, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 77.010934, "energy": 64.317775, "activity_lines": [ 33.263041, 33.023778, 32.553563, 32.096729 ] }, { "date": "2025-10-24", "close": 33.964523, "volume": 88755, "typical_volume": 94968.85, "trend": 31.454817, "fair_value": 27.243775, "relative_strength": -4.091574, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 82.044031, "energy": 78.098405, "activity_lines": [ 33.534203, 33.223447, 32.728093, 32.266753 ] }, { "date": "2025-10-31", "close": 34.024189, "volume": 79103, "typical_volume": 93804.7, "trend": 31.676232, "fair_value": 27.325859, "relative_strength": -3.53652, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 78.68476, "energy": 83.525244, "activity_lines": [ 33.747702, 33.408498, 32.896068, 32.432519 ] }, { "date": "2025-11-07", "close": 33.875008, "volume": 54129, "typical_volume": 92307.25, "trend": 31.87661, "fair_value": 27.40225, "relative_strength": -2.795645, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 69.245421, "energy": 84.651891, "activity_lines": [ 33.834562, 33.545628, 33.035673, 32.574376 ] }, { "date": "2025-11-14", "close": 34.163433, "volume": 47662, "typical_volume": 88894.45, "trend": 32.066603, "fair_value": 27.481192, "relative_strength": -3.278405, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 74.816126, "energy": 85.524783, "activity_lines": [ 33.993693, 33.707403, 33.187752, 32.721913 ] }, { "date": "2025-11-21", "close": 33.566692, "volume": 60796, "typical_volume": 90192.95, "trend": 32.199331, "fair_value": 27.554613, "relative_strength": -4.415511, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.802325, "energy": 57.44322, "activity_lines": [ 33.875008, 33.727999, 33.269304, 32.818692 ] }, { "date": "2025-11-28", "close": 34.362343, "volume": 60099, "typical_volume": 88849.65, "trend": 32.33268, "fair_value": 27.631438, "relative_strength": -5.915051, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 76.301267, "energy": 59.220515, "activity_lines": [ 34.022866, 33.878443, 33.41677, 32.958242 ] }, { "date": "2025-12-05", "close": 34.28278, "volume": 59801, "typical_volume": 87362.15, "trend": 32.462722, "fair_value": 27.709449, "relative_strength": -5.848269, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 70.025409, "energy": 56.378929, "activity_lines": [ 34.117681, 33.986037, 33.542725, 33.084055 ] }, { "date": "2025-12-12", "close": 34.352402, "volume": 47065, "typical_volume": 86397.0, "trend": 32.573118, "fair_value": 27.789953, "relative_strength": -6.200396, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.340252, "energy": 54.600491, "activity_lines": [ 34.218465, 34.080612, 33.661684, 33.205969 ] }, { "date": "2025-12-19", "close": 34.760174, "volume": 87561, "typical_volume": 84979.15, "trend": 32.705631, "fair_value": 27.873129, "relative_strength": -5.672873, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 76.900078, "energy": 61.239838, "activity_lines": [ 34.423346, 34.234137, 33.808465, 33.34707 ] }, { "date": "2025-12-26", "close": 34.780064, "volume": 24478, "typical_volume": 83277.7, "trend": 32.825693, "fair_value": 27.957674, "relative_strength": -6.216549, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 71.70761, "energy": 62.806384, "activity_lines": [ 34.595075, 34.35891, 33.939828, 33.480904 ] }, { "date": "2026-01-02", "close": 35.013557, "volume": 59231, "typical_volume": 80891.05, "trend": 32.946325, "fair_value": 28.038573, "relative_strength": -5.151222, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 76.349847, "energy": 72.358876, "activity_lines": [ 34.763743, 34.504437, 34.080191, 33.622057 ] }, { "date": "2026-01-09", "close": 35.789425, "volume": 65900, "typical_volume": 80509.5, "trend": 33.104295, "fair_value": 28.121902, "relative_strength": -5.106009, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 89.130606, "energy": 90.272577, "activity_lines": [ 35.14762, 34.771957, 34.28278, 33.805483 ] }, { "date": "2026-01-16", "close": 36.087837, "volume": 87600, "typical_volume": 80183.1, "trend": 33.28303, "fair_value": 28.206258, "relative_strength": -5.423856, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 88.257639, "energy": 93.412656, "activity_lines": [ 35.530524, 35.061639, 34.499937, 33.997969 ] }, { "date": "2026-01-23", "close": 35.660114, "volume": 83500, "typical_volume": 81641.65, "trend": 33.428774, "fair_value": 28.28669, "relative_strength": -6.684067, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.905746, "energy": 84.818587, "activity_lines": [ 35.655158, 35.233319, 34.658541, 34.151329 ] }, { "date": "2026-01-30", "close": 35.829216, "volume": 132300, "typical_volume": 84037.8, "trend": 33.57323, "fair_value": 28.36655, "relative_strength": -2.559739, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 70.59135, "energy": 81.868269, "activity_lines": [ 35.776164, 35.408533, 34.817564, 34.306197 ] }, { "date": "2026-02-06", "close": 36.525509, "volume": 79800, "typical_volume": 84495.5, "trend": 33.742875, "fair_value": 28.451435, "relative_strength": -2.244211, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 84.079045, "energy": 78.276811, "activity_lines": [ 36.059323, 35.669209, 35.028246, 34.496666 ] }, { "date": "2026-02-13", "close": 36.724445, "volume": 160800, "typical_volume": 88903.65, "trend": 33.919645, "fair_value": 28.536207, "relative_strength": -3.34707, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 82.801257, "energy": 71.329977, "activity_lines": [ 36.307998, 35.926725, 35.24014, 34.689026 ] }, { "date": "2026-02-20", "close": 37.371006, "volume": 203700, "typical_volume": 95471.75, "trend": 34.097359, "fair_value": 28.62731, "relative_strength": -3.637318, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 90.286825, "energy": 91.412098, "activity_lines": [ 36.709859, 36.257403, 35.495259, 34.911694 ] }, { "date": "2026-02-27", "close": 37.450584, "volume": 93200, "typical_volume": 88236.5, "trend": 34.308225, "fair_value": 28.716144, "relative_strength": -4.710708, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 84.702128, "energy": 93.502022, "activity_lines": [ 37.052701, 36.547667, 35.739604, 35.128031 ] }, { "date": "2026-03-06", "close": 35.70985, "volume": 181500, "typical_volume": 87849.0, "trend": 34.431886, "fair_value": 28.797604, "relative_strength": -5.421476, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.277268, "energy": 62.638421, "activity_lines": [ 36.695934, 36.472517, 35.796876, 35.218459 ] }, { "date": "2026-03-13", "close": 35.282127, "volume": 220400, "typical_volume": 94431.25, "trend": 34.522496, "fair_value": 28.881466, "relative_strength": -4.741717, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 50.141164, "energy": 42.1147, "activity_lines": [ 36.20455, 36.302694, 35.803301, 35.273313 ] }, { "date": "2026-03-20", "close": 33.96912, "volume": 156500, "typical_volume": 98301.1, "trend": 34.558787, "fair_value": 28.953718, "relative_strength": -4.469083, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 3.24813, "energy": 17.973351, "activity_lines": [ 35.358389, 35.889259, 35.678405, 35.237611 ] }, { "date": "2026-03-27", "close": 34.367001, "volume": 91900, "typical_volume": 100189.65, "trend": 34.626146, "fair_value": 29.023396, "relative_strength": -5.063539, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -6.670787, "energy": 29.150981, "activity_lines": [ 34.828543, 35.581263, 35.591663, 35.225238 ] }, { "date": "2026-04-03", "close": 35.759998, "volume": 120000, "typical_volume": 103806.55, "trend": 34.739279, "fair_value": 29.102062, "relative_strength": -4.476292, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 9.295281, "energy": 25.929959, "activity_lines": [ 34.963297, 35.557826, 35.635246, 35.29839 ] }, { "date": "2026-04-10", "close": 36.82, "volume": 123200, "typical_volume": 106926.75, "trend": 34.874886, "fair_value": 29.184901, "relative_strength": -3.214153, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 34.699564, "energy": 22.240499, "activity_lines": [ 35.564091, 35.725302, 35.772178, 35.43263 ] }, { "date": "2026-04-17", "close": 37.380001, "volume": 113100, "typical_volume": 109576.8, "trend": 35.027511, "fair_value": 29.270494, "relative_strength": -3.458023, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 67.490336, "energy": 39.293388, "activity_lines": [ 36.277541, 35.976581, 35.946951, 35.59425 ] }, { "date": "2026-04-24", "close": 36.540001, "volume": 94300, "typical_volume": 111301.75, "trend": 35.149828, "fair_value": 29.350525, "relative_strength": -4.201326, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 52.228392, "energy": 42.214745, "activity_lines": [ 36.571134, 36.059597, 36.027355, 35.69183 ] }, { "date": "2026-05-01", "close": 36.377106, "volume": 82900, "typical_volume": 113093.5, "trend": 35.245166, "fair_value": 29.429511, "relative_strength": -4.363877, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 53.371972, "energy": 46.163768, "activity_lines": [ 36.639036, 36.116349, 36.081497, 35.771009 ] }, { "date": "2026-05-08", "close": 36.904453, "volume": 62500, "typical_volume": 111840.45, "trend": 35.375985, "fair_value": 29.51158, "relative_strength": -3.317947, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 58.108779, "energy": 55.261288, "activity_lines": [ 36.748713, 36.287054, 36.17622, 35.87806 ] }, { "date": "2026-05-15", "close": 36.556206, "volume": 59100, "typical_volume": 113571.55, "trend": 35.474972, "fair_value": 29.589628, "relative_strength": -3.348172, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 50.445552, "energy": 31.669687, "activity_lines": [ 36.666011, 36.40437, 36.227566, 35.954203 ] }, { "date": "2026-05-22", "close": 37.342251, "volume": 82200, "typical_volume": 114720.0, "trend": 35.587563, "fair_value": 29.674264, "relative_strength": -2.919815, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 61.038465, "energy": 36.430212, "activity_lines": [ 36.86291, 36.649216, 36.345316, 36.074673 ] }, { "date": "2026-05-29", "close": 37.531303, "volume": 77200, "typical_volume": 115285.0, "trend": 35.704467, "fair_value": 29.758861, "relative_strength": -3.077193, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 61.805485, "energy": 39.87454, "activity_lines": [ 37.125343, 36.890977, 36.469982, 36.200075 ] }, { "date": "2026-06-05", "close": 37.113403, "volume": 15200, "typical_volume": 111665.0, "trend": 35.812413, "fair_value": 29.841375, "relative_strength": -2.982718, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 54.713418, "energy": 40.811279, "activity_lines": [ 37.18239, 36.99199, 36.546553, 36.290975 ] }, { "date": "2026-06-12", "close": 37.959152, "volume": 7300, "typical_volume": 107855.0, "trend": 35.938937, "fair_value": 29.926688, "relative_strength": -2.117218, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 68.645361, "energy": 59.760562, "activity_lines": [ 37.472266, 37.196841, 36.698788, 36.429474 ] }, { "date": "2026-06-19", "close": 38.993946, "volume": 25700, "typical_volume": 102525.0, "trend": 36.119846, "fair_value": 30.022031, "relative_strength": 0.53945, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 80.555066, "energy": 76.095541, "activity_lines": [ 38.03676, 37.549852, 36.938627, 36.626571 ] }, { "date": "2026-06-26", "close": 38.188, "volume": 19200, "typical_volume": 99495.0, "trend": 36.247368, "fair_value": 30.109393, "relative_strength": -1.432294, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.613911, "energy": 69.512825, "activity_lines": [ 38.17009, 37.7168, 37.086639, 36.76 ] }, { "date": "2026-07-03", "close": 39.029999, "volume": 23400, "typical_volume": 92625.0, "trend": 36.405608, "fair_value": 30.206296, "relative_strength": 0.076049, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 76.525304, "energy": 79.731703, "activity_lines": [ 38.527703, 38.022149, 37.306925, 36.939525 ] }, { "date": "2026-07-10", "close": 38.790001, "volume": 57300, "typical_volume": 85305.0, "trend": 36.553528, "fair_value": 30.299197, "relative_strength": -0.591113, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 67.667191, "energy": 77.846887, "activity_lines": [ 38.705403, 38.238589, 37.493375, 37.093357 ] }, { "date": "2026-07-17", "close": 38.34, "volume": 63200, "typical_volume": 83805.0, "trend": 36.672856, "fair_value": 30.386692, "relative_strength": -1.520794, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.536565, "energy": 60.097293, "activity_lines": [ 38.62133, 38.329339, 37.630211, 37.208613 ] }, { "date": "2026-07-24", "close": 38.610001, "volume": 63200, "typical_volume": 77890.0, "trend": 36.80052, "fair_value": 30.474416, "relative_strength": -0.99519, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.011646, "energy": 50.7502, "activity_lines": [ 38.601867, 38.44308, 37.788525, 37.33359 ] }, { "date": "2026-07-31", "close": 38.849998, "volume": 62900, "typical_volume": 70015.0, "trend": 36.928402, "fair_value": 30.567282, "relative_strength": 0.11021, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.481852, "energy": 48.320835, "activity_lines": [ 38.688, 38.563115, 37.955887, 37.465815 ] }, { "date": "2026-08-07", "close": 39.709999, "volume": 90800, "typical_volume": 66730.0, "trend": 37.059088, "fair_value": 30.664639, "relative_strength": -0.816427, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 79.761131, "energy": 57.43333, "activity_lines": [ 39.016666, 38.8121, 38.188163, 37.645272 ] } ], "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." } } }