{ "ticker": { "uuid": "af6796f0-9c88-4227-b148-d8a51e9adeba", "symbol": "GSSC", "name": "GOLDMAN SACHS ETF TRUST ACTIVEBETA US SMALL CAP EQ ETF", "exchange": "NYSEARCA", "country": "US", "assetType": "etf" }, "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.", "analysis": { "eligible": true, "as_of": "2026-08-07", "benchmark": "SPY", "stage": 2, "stage_name": "Advancing", "phase": "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": 74.33, "architecture_energy": 57.057, "architecture_maturity": 70.485, "architecture_confidence": 70.489, "architecture_tenure": "Established", "architecture": { "interpretation": { "headline": "The weekly architecture is expanding upward.", "body": "Trend and Activity show sustained positive alignment with constructive price acceptance. Directional energy remains positive; cooling within this regime can indicate that it is maturing." }, "scores": { "balance": 13.12, "rotation_up": 50.34, "upward_expansion": 80.32, "deceleration": 69.94, "rotation_down": 27.91, "downward_expansion": 9.32 }, "activity_lines": [ 90.234933, 89.921479, 87.80147, 85.366478 ], "activity_state": "Wide", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.5 }, "latest_close": 91.9518, "trend_reference": 82.714645, "distance_from_trend": 0.111675, "trend_direction": "Improving", "fair_value": 68.505737, "distance_from_fair_value": 0.34225, "fair_value_direction": "Improving", "relative_strength": 3.624573, "relative_strength_direction": "Improving", "price_momentum": 0.151506, "excess_performance": 0.025881, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.111675, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.059255, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.34225, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.054411, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.036246, "read": "Leading" }, { "label": "Relative strength direction", "positive": true, "value": 0.01738, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.151506, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 1.772882, "read": "Demand-led" } ], "volume": { "latest": 120815, "relative_activity": 0.745465, "balance": 1.772882, "dry_up": 1.26179, "accumulation_observations": 4, "distribution_observations": 2 }, "risk": { "range_context": 0.030997, "annualized_volatility": 0.161742, "from_high_reference": -0.009567, "from_low_reference": 0.339244 }, "levels": { "trend_reference": 82.714645, "fair_value_reference": 68.505737, "structural_low": 72.224269, "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 30, "median_return": 0.005183, "positive_rate": 0.533333, "directional_follow_through": 0.533333, "median_excess_return": -0.008774, "regime_survival": 0.733333, "best_return": 0.079643, "worst_return": -0.073991, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 11, "median_return": -0.028309, "positive_rate": 0.454545, "directional_follow_through": 0.454545, "median_excess_return": -0.058688, "regime_survival": 0.454545, "best_return": 0.221839, "worst_return": -0.093407, "sufficient": true }, { "horizon": "Extended", "sample_count": 7, "median_return": 0.059917, "positive_rate": 0.714286, "directional_follow_through": 0.714286, "median_excess_return": -0.033452, "regime_survival": 0.571429, "best_return": 0.162442, "worst_return": -0.132449, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 4, "median_return": 0.062871, "positive_rate": 0.75, "directional_follow_through": 0.75, "median_excess_return": -0.092264, "regime_survival": 0.5, "best_return": 0.125121, "worst_return": -0.137878, "sufficient": false } ], "ledger": [ { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-06-21", "end": "2024-07-19", "tenure": "Developing", "return": 0.085889, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-07-26", "end": "2024-12-27", "tenure": "Established", "return": -0.006423, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-01-03", "end": "2025-02-21", "tenure": "Developing", "return": -0.021356, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-02-28", "end": "2025-03-07", "tenure": "New", "return": -0.038616, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-03-14", "end": "2025-03-21", "tenure": "New", "return": 0.008793, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-03-28", "end": "2025-05-30", "tenure": "Developing", "return": 0.036004, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-06-06", "end": "2025-06-27", "tenure": "New", "return": 0.016691, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-07-04", "end": "2025-08-01", "tenure": "Developing", "return": -0.044235, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-08-08", "end": "2025-10-31", "tenure": "Established", "return": 0.080446, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-11-07", "end": "2025-12-12", "tenure": "Developing", "return": 0.05465, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-12-19", "end": "2026-03-20", "tenure": "Established", "return": -0.052887, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2026-03-27", "end": "2026-04-10", "tenure": "New", "return": 0.069768, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-04-17", "end": "2026-04-24", "tenure": "New", "return": 2.9e-05, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-05-01", "end": "2026-08-07", "tenure": "Established", "return": 0.102008, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 55.743659, "volume": 80950, "typical_volume": 112425.0, "trend": 54.650552, "fair_value": 55.015175, "relative_strength": -4.372329, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 59.891461, "energy": 49.583771, "activity_lines": [ 57.173428, 56.881823, 55.572007, 54.90084 ] }, { "date": "2023-08-25", "close": 55.466627, "volume": 185736, "typical_volume": 114172.5, "trend": 54.629068, "fair_value": 55.108315, "relative_strength": -5.440215, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 43.100089, "energy": 27.931715, "activity_lines": [ 56.496307, 56.71731, 55.669222, 54.95349 ] }, { "date": "2023-09-01", "close": 57.421183, "volume": 70252, "typical_volume": 108077.65, "trend": 54.592244, "fair_value": 55.220539, "relative_strength": -4.434996, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 47.970724, "energy": 26.603695, "activity_lines": [ 56.613219, 56.902255, 55.93595, 55.133626 ] }, { "date": "2023-09-08", "close": 55.213788, "volume": 66354, "typical_volume": 102540.7, "trend": 54.539367, "fair_value": 55.324476, "relative_strength": -6.804157, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 34.24004, "energy": 24.196625, "activity_lines": [ 56.072089, 56.616303, 55.97006, 55.173726 ] }, { "date": "2023-09-15", "close": 55.140337, "volume": 89588, "typical_volume": 98332.9, "trend": 54.458844, "fair_value": 55.421314, "relative_strength": -6.658556, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 27.475025, "energy": 20.56219, "activity_lines": [ 55.69982, 56.325059, 55.985721, 55.212498 ] }, { "date": "2023-09-22", "close": 53.58475, "volume": 124461, "typical_volume": 97293.85, "trend": 54.376226, "fair_value": 55.518818, "relative_strength": -6.436394, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -5.450438, "energy": 14.844635, "activity_lines": [ 54.962364, 55.748551, 55.838242, 55.156105 ] }, { "date": "2023-09-29", "close": 53.949095, "volume": 115682, "typical_volume": 98206.6, "trend": 54.272581, "fair_value": 55.606643, "relative_strength": -5.007668, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -4.66243, "energy": 22.982957, "activity_lines": [ 54.490283, 55.297175, 55.715732, 55.128548 ] }, { "date": "2023-10-06", "close": 53.079727, "volume": 115570, "typical_volume": 92756.45, "trend": 54.284764, "fair_value": 55.672455, "relative_strength": -6.792585, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -31.346713, "energy": 44.134986, "activity_lines": [ 53.829582, 54.754191, 55.496492, 55.05159 ] }, { "date": "2023-10-13", "close": 52.326275, "volume": 70458, "typical_volume": 91387.55, "trend": 54.326374, "fair_value": 55.734095, "relative_strength": -8.288069, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -39.17035, "energy": 60.674076, "activity_lines": [ 53.20716, 54.174357, 55.200729, 54.925236 ] }, { "date": "2023-10-20", "close": 51.188273, "volume": 101744, "typical_volume": 92535.55, "trend": 54.319206, "fair_value": 55.789039, "relative_strength": -7.871308, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -45.25578, "energy": 67.319337, "activity_lines": [ 52.397906, 53.492845, 54.796276, 54.722778 ] }, { "date": "2023-10-27", "close": 50.065919, "volume": 191687, "typical_volume": 97670.35, "trend": 54.211784, "fair_value": 55.851732, "relative_strength": -7.339066, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -57.760139, "energy": 76.450914, "activity_lines": [ 51.478004, 52.720945, 54.297676, 54.448372 ] }, { "date": "2023-11-03", "close": 53.417814, "volume": 247729, "typical_volume": 104694.35, "trend": 54.259931, "fair_value": 55.920597, "relative_strength": -6.331312, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -36.752718, "energy": 54.697886, "activity_lines": [ 51.909989, 52.661711, 54.141513, 54.397148 ] }, { "date": "2023-11-10", "close": 52.075124, "volume": 193041, "typical_volume": 110900.95, "trend": 54.238458, "fair_value": 55.965256, "relative_strength": -9.621063, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -34.07813, "energy": 38.766482, "activity_lines": [ 51.92983, 52.395604, 53.865682, 54.256193 ] }, { "date": "2023-11-17", "close": 54.683227, "volume": 196699, "typical_volume": 116965.75, "trend": 54.300946, "fair_value": 56.019828, "relative_strength": -6.983057, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -37.2362, "energy": 25.937368, "activity_lines": [ 52.886012, 52.700898, 53.845483, 54.284888 ] }, { "date": "2023-11-24", "close": 54.968766, "volume": 65034, "typical_volume": 117548.7, "trend": 54.400152, "fair_value": 56.066545, "relative_strength": -7.166395, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -21.456373, "energy": 20.654545, "activity_lines": [ 53.780244, 53.067754, 53.857116, 54.327973 ] }, { "date": "2023-12-01", "close": 56.402354, "volume": 105502, "typical_volume": 119531.9, "trend": 54.562184, "fair_value": 56.116339, "relative_strength": -5.30231, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "mixed", "direction": 16.924715, "energy": 24.581801, "activity_lines": [ 54.900305, 53.698383, 54.005462, 54.457147 ] }, { "date": "2023-12-08", "close": 57.024145, "volume": 114228, "typical_volume": 121314.4, "trend": 54.762221, "fair_value": 56.167624, "relative_strength": -4.294579, "stage": 3, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 34.815434, "energy": 38.894009, "activity_lines": [ 55.805201, 54.390835, 54.215032, 54.615983 ] }, { "date": "2023-12-15", "close": 60.098905, "volume": 93505, "typical_volume": 122163.1, "trend": 55.029551, "fair_value": 56.229533, "relative_strength": -1.354156, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 50.346447, "energy": 66.612428, "activity_lines": [ 57.494595, 55.586425, 54.720199, 54.960285 ] }, { "date": "2023-12-22", "close": 61.483614, "volume": 148744, "typical_volume": 124289.95, "trend": 55.336959, "fair_value": 56.295268, "relative_strength": 0.127258, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 80.281797, "energy": 86.282497, "activity_lines": [ 59.11064, 56.906158, 55.350047, 55.376677 ] }, { "date": "2023-12-29", "close": 61.270405, "volume": 104300, "typical_volume": 124063.2, "trend": 55.58382, "fair_value": 56.363592, "relative_strength": -0.423312, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 80.269722, "energy": 89.943032, "activity_lines": [ 60.202256, 58.020629, 55.943542, 55.75948 ] }, { "date": "2024-01-05", "close": 59.086337, "volume": 303707, "typical_volume": 135201.05, "trend": 55.72204, "fair_value": 56.399695, "relative_strength": -2.266948, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 67.183615, "energy": 83.036274, "activity_lines": [ 60.14574, 58.554686, 56.310793, 55.985448 ] }, { "date": "2024-01-12", "close": 59.057216, "volume": 243607, "typical_volume": 138094.6, "trend": 55.852569, "fair_value": 56.427699, "relative_strength": -3.855895, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.738727, "energy": 73.261036, "activity_lines": [ 59.900585, 58.91944, 56.659353, 56.200621 ] }, { "date": "2024-01-19", "close": 59.10575, "volume": 201556, "typical_volume": 144659.8, "trend": 56.036235, "fair_value": 56.449302, "relative_strength": -4.657449, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 60.896061, "energy": 51.001369, "activity_lines": [ 59.53607, 59.190483, 56.995438, 56.410504 ] }, { "date": "2024-01-26", "close": 60.26088, "volume": 125359, "typical_volume": 147610.05, "trend": 56.189691, "fair_value": 56.489398, "relative_strength": -3.544851, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.453027, "energy": 46.538458, "activity_lines": [ 59.622808, 59.543721, 57.433513, 56.683061 ] }, { "date": "2024-02-02", "close": 59.639634, "volume": 211974, "typical_volume": 153729.35, "trend": 56.344121, "fair_value": 56.503522, "relative_strength": -5.546881, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 47.466355, "energy": 39.722431, "activity_lines": [ 59.583981, 59.682593, 57.788388, 56.905638 ] }, { "date": "2024-02-09", "close": 60.882126, "volume": 600387, "typical_volume": 177525.65, "trend": 56.479407, "fair_value": 56.513976, "relative_strength": -4.611678, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.050318, "energy": 49.081662, "activity_lines": [ 60.068035, 59.962448, 58.240171, 57.198413 ] }, { "date": "2024-02-16", "close": 61.406303, "volume": 174135, "typical_volume": 180448.3, "trend": 56.60614, "fair_value": 56.532225, "relative_strength": -3.164314, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 70.035772, "energy": 57.632941, "activity_lines": [ 60.607095, 60.256158, 58.707125, 57.516277 ] }, { "date": "2024-02-23", "close": 60.950075, "volume": 103307, "typical_volume": 179835.15, "trend": 56.684891, "fair_value": 56.555952, "relative_strength": -5.1232, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.479666, "energy": 55.004828, "activity_lines": [ 60.837474, 60.387241, 59.095119, 57.796531 ] }, { "date": "2024-03-01", "close": 62.144033, "volume": 184051, "typical_volume": 185514.8, "trend": 56.819227, "fair_value": 56.587407, "relative_strength": -3.884036, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 73.023233, "energy": 65.275865, "activity_lines": [ 61.342884, 60.719932, 59.559345, 58.148734 ] }, { "date": "2024-03-08", "close": 62.367293, "volume": 210996, "typical_volume": 190977.4, "trend": 56.983454, "fair_value": 56.591857, "relative_strength": -3.07718, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 70.142658, "energy": 63.685628, "activity_lines": [ 61.79717, 61.081208, 59.998083, 58.506674 ] }, { "date": "2024-03-15", "close": 61.117714, "volume": 159987, "typical_volume": 189392.4, "trend": 57.16259, "fair_value": 56.599986, "relative_strength": -4.775555, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.577137, "energy": 51.683204, "activity_lines": [ 61.653086, 61.195344, 60.26458, 58.7734 ] }, { "date": "2024-03-22", "close": 62.363274, "volume": 118005, "typical_volume": 182906.2, "trend": 57.392478, "fair_value": 56.625361, "relative_strength": -4.779963, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.032751, "energy": 53.01515, "activity_lines": [ 61.908483, 61.499011, 60.597074, 59.108928 ] }, { "date": "2024-03-29", "close": 63.823772, "volume": 86186, "typical_volume": 177563.45, "trend": 57.605897, "fair_value": 56.653673, "relative_strength": -2.747015, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 77.010336, "energy": 57.630106, "activity_lines": [ 62.586914, 62.008114, 61.026066, 59.52385 ] }, { "date": "2024-04-05", "close": 62.344483, "volume": 190926, "typical_volume": 177274.8, "trend": 57.843587, "fair_value": 56.673703, "relative_strength": -4.024217, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 60.279633, "energy": 48.594661, "activity_lines": [ 62.58067, 62.162472, 61.258227, 59.829565 ] }, { "date": "2024-04-12", "close": 60.406207, "volume": 91459, "typical_volume": 178596.05, "trend": 58.019116, "fair_value": 56.677165, "relative_strength": -5.46239, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 45.856197, "energy": 35.670245, "activity_lines": [ 61.91497, 61.926534, 61.269308, 59.994896 ] }, { "date": "2024-04-19", "close": 59.2418, "volume": 99386, "typical_volume": 178290.25, "trend": 58.207685, "fair_value": 56.672413, "relative_strength": -4.194594, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 25.057784, "energy": 16.760697, "activity_lines": [ 60.991873, 61.464947, 61.143601, 60.073778 ] }, { "date": "2024-04-26", "close": 60.824883, "volume": 134735, "typical_volume": 179315.6, "trend": 58.436878, "fair_value": 56.680421, "relative_strength": -4.064086, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 28.18081, "energy": 20.594695, "activity_lines": [ 60.721532, 61.321017, 61.155143, 60.24263 ] }, { "date": "2024-05-03", "close": 61.506449, "volume": 340176, "typical_volume": 191649.15, "trend": 58.717768, "fair_value": 56.689315, "relative_strength": -3.468266, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 28.95648, "energy": 21.144511, "activity_lines": [ 60.780938, 61.31158, 61.213496, 60.440667 ] }, { "date": "2024-05-10", "close": 62.517698, "volume": 115118, "typical_volume": 189967.85, "trend": 59.057482, "fair_value": 56.711476, "relative_strength": -3.594859, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 43.04596, "energy": 19.452079, "activity_lines": [ 61.331916, 61.47589, 61.361457, 60.685824 ] }, { "date": "2024-05-17", "close": 63.337427, "volume": 94938, "typical_volume": 189499.75, "trend": 59.462454, "fair_value": 56.740213, "relative_strength": -3.821217, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.206646, "energy": 38.659122, "activity_lines": [ 62.144589, 61.782449, 61.582563, 60.961949 ] }, { "date": "2024-05-24", "close": 62.623048, "volume": 167725, "typical_volume": 182700.65, "trend": 59.881025, "fair_value": 56.756445, "relative_strength": -4.787083, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 54.758546, "energy": 47.124074, "activity_lines": [ 62.523722, 61.941481, 61.725789, 61.165858 ] }, { "date": "2024-05-31", "close": 62.684584, "volume": 100299, "typical_volume": 175535.25, "trend": 60.189918, "fair_value": 56.770309, "relative_strength": -4.188225, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 55.396079, "energy": 52.043186, "activity_lines": [ 62.697949, 62.084332, 61.858035, 61.346733 ] }, { "date": "2024-06-07", "close": 61.29419, "volume": 70809, "typical_volume": 168997.9, "trend": 60.49722, "fair_value": 56.770036, "relative_strength": -7.264462, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 47.799254, "energy": 33.596118, "activity_lines": [ 62.284732, 61.968542, 61.840589, 61.417976 ] }, { "date": "2024-06-14", "close": 60.386733, "volume": 92710, "typical_volume": 167365.45, "trend": 60.687337, "fair_value": 56.779679, "relative_strength": -9.895548, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 17.20406, "energy": 7.535391, "activity_lines": [ 61.58318, 61.733752, 61.726298, 61.410848 ] }, { "date": "2024-06-21", "close": 60.951362, "volume": 123116, "typical_volume": 162922.55, "trend": 60.886756, "fair_value": 56.776695, "relative_strength": -9.443862, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 9.379695, "energy": 11.097165, "activity_lines": [ 61.211902, 61.637217, 61.665181, 61.427882 ] }, { "date": "2024-06-28", "close": 61.912373, "volume": 80550, "typical_volume": 136930.7, "trend": 61.070424, "fair_value": 56.78366, "relative_strength": -7.7725, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 24.187397, "energy": 17.462337, "activity_lines": [ 61.320032, 61.7055, 61.689343, 61.494051 ] }, { "date": "2024-07-05", "close": 61.143193, "volume": 66912, "typical_volume": 131569.55, "trend": 61.207725, "fair_value": 56.788891, "relative_strength": -10.392615, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 8.104552, "energy": 11.517426, "activity_lines": [ 61.219147, 61.585376, 61.635344, 61.498746 ] }, { "date": "2024-07-12", "close": 64.771658, "volume": 108949, "typical_volume": 131851.65, "trend": 61.363484, "fair_value": 56.835236, "relative_strength": -5.796474, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 63.722051, "energy": 40.914798, "activity_lines": [ 62.430509, 62.119186, 61.928166, 61.728677 ] }, { "date": "2024-07-19", "close": 66.186397, "volume": 141303, "typical_volume": 129714.25, "trend": 61.520243, "fair_value": 56.882048, "relative_strength": -1.677317, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 74.515422, "energy": 68.224763, "activity_lines": [ 63.88162, 62.850853, 62.337526, 62.039833 ] }, { "date": "2024-07-26", "close": 68.785347, "volume": 123419, "typical_volume": 125335.4, "trend": 61.770741, "fair_value": 56.941852, "relative_strength": 3.09708, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 85.336765, "energy": 84.844701, "activity_lines": [ 65.812404, 63.988353, 62.975157, 62.508549 ] }, { "date": "2024-08-02", "close": 64.237991, "volume": 422149, "typical_volume": 138443.5, "trend": 61.942463, "fair_value": 56.966311, "relative_strength": -1.458118, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 61.117139, "energy": 72.666317, "activity_lines": [ 65.705136, 64.200008, 63.149144, 62.667726 ] }, { "date": "2024-08-09", "close": 63.119451, "volume": 135768, "typical_volume": 139331.65, "trend": 62.077871, "fair_value": 56.986728, "relative_strength": -3.003085, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 56.093568, "energy": 60.223061, "activity_lines": [ 65.069981, 64.17893, 63.201744, 62.743661 ] }, { "date": "2024-08-16", "close": 65.021145, "volume": 97773, "typical_volume": 139911.0, "trend": 62.275051, "fair_value": 57.027214, "relative_strength": -3.738839, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 56.40275, "energy": 38.01339, "activity_lines": [ 64.936973, 64.495707, 63.431858, 62.93355 ] }, { "date": "2024-08-23", "close": 67.354777, "volume": 73862, "typical_volume": 134057.8, "trend": 62.511514, "fair_value": 57.067262, "relative_strength": -1.546545, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 68.317788, "energy": 37.949585, "activity_lines": [ 65.56521, 65.169018, 63.87852, 63.261274 ] }, { "date": "2024-08-30", "close": 67.556086, "volume": 78109, "typical_volume": 133390.3, "trend": 62.775396, "fair_value": 57.107338, "relative_strength": -1.380338, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.571134, "energy": 42.020281, "activity_lines": [ 66.182658, 65.752239, 64.320497, 63.58673 ] }, { "date": "2024-09-06", "close": 63.539661, "volume": 53469, "typical_volume": 131094.45, "trend": 62.86398, "fair_value": 57.132613, "relative_strength": -3.116582, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 50.345573, "energy": 32.387617, "activity_lines": [ 65.543248, 65.485116, 64.345909, 63.636038 ] }, { "date": "2024-09-13", "close": 66.090238, "volume": 63737, "typical_volume": 127544.55, "trend": 63.020111, "fair_value": 57.174419, "relative_strength": -2.98548, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 54.61815, "energy": 34.176555, "activity_lines": [ 65.800586, 65.652146, 64.593768, 63.844183 ] }, { "date": "2024-09-20", "close": 67.783098, "volume": 62221, "typical_volume": 113646.8, "trend": 63.247879, "fair_value": 57.222693, "relative_strength": -1.787327, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.423728, "energy": 36.842139, "activity_lines": [ 66.424158, 66.037023, 64.977778, 64.151473 ] }, { "date": "2024-09-27", "close": 67.542908, "volume": 89263, "typical_volume": 112354.05, "trend": 63.427841, "fair_value": 57.268765, "relative_strength": -2.536736, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 58.527632, "energy": 33.807718, "activity_lines": [ 66.783537, 66.323476, 65.309024, 64.428571 ] }, { "date": "2024-10-04", "close": 67.200299, "volume": 157502, "typical_volume": 115482.25, "trend": 63.588942, "fair_value": 57.311435, "relative_strength": -3.164318, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 55.668886, "energy": 39.641316, "activity_lines": [ 67.016171, 66.522972, 65.583711, 64.671956 ] }, { "date": "2024-10-11", "close": 67.787628, "volume": 83030, "typical_volume": 111247.5, "trend": 63.811272, "fair_value": 57.35311, "relative_strength": -3.339009, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 58.158811, "energy": 46.722723, "activity_lines": [ 67.4683, 66.858074, 65.89594, 64.942839 ] }, { "date": "2024-10-18", "close": 68.835033, "volume": 58943, "typical_volume": 109179.7, "trend": 64.026997, "fair_value": 57.396317, "relative_strength": -2.602595, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.299815, "energy": 52.479525, "activity_lines": [ 67.986366, 67.319075, 66.283328, 65.266952 ] }, { "date": "2024-10-25", "close": 66.838112, "volume": 77891, "typical_volume": 109533.8, "trend": 64.127475, "fair_value": 57.42576, "relative_strength": -4.39797, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 55.861884, "energy": 37.993229, "activity_lines": [ 67.655805, 67.313079, 66.451246, 65.448315 ] }, { "date": "2024-11-01", "close": 66.979854, "volume": 96362, "typical_volume": 109716.4, "trend": 64.281988, "fair_value": 57.432009, "relative_strength": -2.740601, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 53.681498, "energy": 34.474575, "activity_lines": [ 67.435491, 67.299819, 66.606263, 65.632339 ] }, { "date": "2024-11-08", "close": 73.151905, "volume": 149597, "typical_volume": 111040.45, "trend": 64.706844, "fair_value": 57.478546, "relative_strength": 1.360207, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 83.730267, "energy": 66.849801, "activity_lines": [ 69.310065, 68.415567, 67.317699, 66.204592 ] }, { "date": "2024-11-15", "close": 70.445295, "volume": 152850, "typical_volume": 114655.45, "trend": 65.080294, "fair_value": 57.517253, "relative_strength": -0.274411, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.211926, "energy": 58.001222, "activity_lines": [ 69.885661, 68.937462, 67.713264, 66.574814 ] }, { "date": "2024-11-22", "close": 73.524175, "volume": 179018, "typical_volume": 120260.75, "trend": 65.503604, "fair_value": 57.590727, "relative_strength": 2.36043, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 79.322613, "energy": 78.178632, "activity_lines": [ 71.310373, 69.893596, 68.361423, 67.119581 ] }, { "date": "2024-11-29", "close": 74.24336, "volume": 97643, "typical_volume": 119695.45, "trend": 65.928168, "fair_value": 57.681859, "relative_strength": 2.175292, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 77.222601, "energy": 83.915498, "activity_lines": [ 72.662203, 70.845329, 69.019119, 67.683436 ] }, { "date": "2024-12-06", "close": 73.588781, "volume": 100589, "typical_volume": 117659.75, "trend": 66.297204, "fair_value": 57.759215, "relative_strength": 0.470433, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.687994, "energy": 80.950906, "activity_lines": [ 73.302158, 71.560588, 69.569371, 68.177669 ] }, { "date": "2024-12-13", "close": 72.006613, "volume": 310453, "typical_volume": 127011.45, "trend": 66.586176, "fair_value": 57.833358, "relative_strength": -0.944456, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.576369, "energy": 75.255555, "activity_lines": [ 72.974128, 71.878255, 69.933691, 68.546018 ] }, { "date": "2024-12-20", "close": 68.316225, "volume": 193853, "typical_volume": 115596.65, "trend": 66.775949, "fair_value": 57.871853, "relative_strength": -4.01998, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 53.655485, "energy": 40.11489, "activity_lines": [ 71.492321, 71.437555, 69.931205, 68.657634 ] }, { "date": "2024-12-27", "close": 68.343556, "volume": 114268, "typical_volume": 114521.65, "trend": 66.964581, "fair_value": 57.907278, "relative_strength": -4.364713, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 31.529517, "energy": 19.224432, "activity_lines": [ 70.161563, 70.992213, 69.911903, 68.75877 ] }, { "date": "2025-01-03", "close": 68.72773, "volume": 198800, "typical_volume": 119573.0, "trend": 67.212366, "fair_value": 57.953279, "relative_strength": -3.147153, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 23.231884, "energy": 23.878427, "activity_lines": [ 69.304237, 70.625657, 69.904312, 68.872522 ] }, { "date": "2025-01-10", "close": 66.678802, "volume": 188654, "typical_volume": 125312.6, "trend": 67.422102, "fair_value": 57.988871, "relative_strength": -4.016056, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 2.314145, "energy": 21.489735, "activity_lines": [ 68.131644, 69.852212, 69.683934, 68.838098 ] }, { "date": "2025-01-17", "close": 69.525629, "volume": 94179, "typical_volume": 126116.1, "trend": 67.707911, "fair_value": 58.070021, "relative_strength": -2.659172, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 5.10208, "energy": 16.956217, "activity_lines": [ 68.368659, 69.601846, 69.737902, 68.97381 ] }, { "date": "2025-01-24", "close": 70.372782, "volume": 159904, "typical_volume": 131437.85, "trend": 67.989924, "fair_value": 58.159205, "relative_strength": -3.00912, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 14.328153, "energy": 12.931546, "activity_lines": [ 69.053457, 69.571439, 69.863172, 69.145737 ] }, { "date": "2025-01-31", "close": 69.890102, "volume": 72162, "typical_volume": 131859.1, "trend": 68.281488, "fair_value": 58.240754, "relative_strength": -2.594941, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 13.684421, "energy": 8.332972, "activity_lines": [ 69.440257, 69.454591, 69.909934, 69.268329 ] }, { "date": "2025-02-07", "close": 69.574882, "volume": 104280, "typical_volume": 133962.05, "trend": 68.441595, "fair_value": 58.316406, "relative_strength": -2.751533, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 26.911481, "energy": 15.730063, "activity_lines": [ 69.618882, 69.346505, 69.90858, 69.351774 ] }, { "date": "2025-02-14", "close": 69.919654, "volume": 376748, "typical_volume": 148336.3, "trend": 68.566037, "fair_value": 58.394632, "relative_strength": -3.547932, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 29.152142, "energy": 17.476505, "activity_lines": [ 69.855953, 69.385986, 69.93153, 69.447132 ] }, { "date": "2025-02-21", "close": 67.259988, "volume": 147725, "typical_volume": 147847.45, "trend": 68.515192, "fair_value": 58.452479, "relative_strength": -5.563203, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -1.139646, "energy": 4.463903, "activity_lines": [ 68.990413, 69.008602, 69.68986, 69.362871 ] }, { "date": "2025-02-28", "close": 66.585911, "volume": 139444, "typical_volume": 150668.15, "trend": 68.593456, "fair_value": 58.511212, "relative_strength": -5.440006, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -24.200076, "energy": 32.003235, "activity_lines": [ 68.051222, 68.594961, 69.383708, 69.238401 ] }, { "date": "2025-03-07", "close": 64.014605, "volume": 168447, "typical_volume": 156143.35, "trend": 68.623294, "fair_value": 58.559033, "relative_strength": -6.021856, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -47.747972, "energy": 56.715058, "activity_lines": [ 66.507388, 67.745271, 68.838393, 68.942992 ] }, { "date": "2025-03-14", "close": 62.816377, "volume": 192871, "typical_volume": 161892.35, "trend": 68.549802, "fair_value": 58.580038, "relative_strength": -5.487982, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -51.579208, "energy": 68.678635, "activity_lines": [ 64.955845, 66.756428, 68.201914, 68.568352 ] }, { "date": "2025-03-21", "close": 63.368701, "volume": 210856, "typical_volume": 167617.05, "trend": 68.416933, "fair_value": 58.607003, "relative_strength": -5.004069, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -71.768695, "energy": 80.839412, "activity_lines": [ 64.038976, 65.975488, 67.63719, 68.234087 ] }, { "date": "2025-03-28", "close": 62.484339, "volume": 140649, "typical_volume": 167169.65, "trend": 68.247875, "fair_value": 58.628177, "relative_strength": -4.755137, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -74.297195, "energy": 82.819134, "activity_lines": [ 63.26405, 65.093938, 67.005436, 67.851339 ] }, { "date": "2025-04-04", "close": 57.316383, "volume": 261192, "typical_volume": 172586.75, "trend": 68.040432, "fair_value": 58.633161, "relative_strength": -3.790688, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -90.562922, "energy": 90.838055, "activity_lines": [ 61.084849, 63.400784, 65.932294, 67.146082 ] }, { "date": "2025-04-11", "close": 57.938636, "volume": 468109, "typical_volume": 187041.3, "trend": 67.768712, "fair_value": 58.63837, "relative_strength": -7.79746, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -80.653469, "energy": 87.65645, "activity_lines": [ 59.731034, 62.058155, 64.980932, 66.494353 ] }, { "date": "2025-04-18", "close": 58.313963, "volume": 258330, "typical_volume": 195075.65, "trend": 67.453074, "fair_value": 58.654787, "relative_strength": -5.712741, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -73.192428, "energy": 85.93801, "activity_lines": [ 58.907392, 61.001067, 64.139533, 65.884369 ] }, { "date": "2025-04-25", "close": 60.621828, "volume": 141309, "typical_volume": 197111.65, "trend": 67.222372, "fair_value": 58.69723, "relative_strength": -6.123796, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.334453, "energy": 68.921964, "activity_lines": [ 59.1532, 60.568334, 63.593785, 65.443644 ] }, { "date": "2025-05-02", "close": 62.630223, "volume": 116009, "typical_volume": 187389.45, "trend": 67.070036, "fair_value": 58.756796, "relative_strength": -5.597005, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.192459, "energy": 49.425207, "activity_lines": [ 60.251598, 60.669816, 63.30106, 65.147376 ] }, { "date": "2025-05-09", "close": 63.20309, "volume": 121587, "typical_volume": 183776.15, "trend": 66.917218, "fair_value": 58.827805, "relative_strength": -4.174475, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -45.172011, "energy": 32.707444, "activity_lines": [ 61.531226, 60.959633, 63.107544, 64.897896 ] }, { "date": "2025-05-16", "close": 65.948904, "volume": 82453, "typical_volume": 182185.4, "trend": 66.821014, "fair_value": 58.922183, "relative_strength": -4.877058, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -24.117128, "energy": 23.572885, "activity_lines": [ 63.333678, 61.810195, 63.199881, 64.835424 ] }, { "date": "2025-05-23", "close": 63.766081, "volume": 95461, "typical_volume": 177018.45, "trend": 66.718612, "fair_value": 58.978589, "relative_strength": -5.478215, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -26.10588, "energy": 26.387196, "activity_lines": [ 63.874504, 62.228711, 63.095734, 64.638331 ] }, { "date": "2025-05-30", "close": 64.73403, "volume": 266218, "typical_volume": 180896.65, "trend": 66.643752, "fair_value": 59.040896, "relative_strength": -5.552734, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -18.337896, "energy": 22.546217, "activity_lines": [ 64.374506, 62.80595, 63.107399, 64.510294 ] }, { "date": "2025-06-06", "close": 66.600787, "volume": 218557, "typical_volume": 187115.55, "trend": 66.425381, "fair_value": 59.130467, "relative_strength": -4.330092, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 5.683803, "energy": 20.713194, "activity_lines": [ 65.222613, 63.697775, 63.306112, 64.507522 ] }, { "date": "2025-06-13", "close": 65.188373, "volume": 129137, "typical_volume": 185577.2, "trend": 66.25015, "fair_value": 59.236544, "relative_strength": -5.969257, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -4.415809, "energy": 16.735925, "activity_lines": [ 65.335211, 64.257953, 63.384237, 64.427715 ] }, { "date": "2025-06-20", "close": 65.603208, "volume": 113053, "typical_volume": 187621.75, "trend": 65.986118, "fair_value": 59.331155, "relative_strength": -5.17265, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -0.519236, "energy": 15.562137, "activity_lines": [ 65.453736, 64.750429, 63.526557, 64.385977 ] }, { "date": "2025-06-27", "close": 67.712454, "volume": 246343, "typical_volume": 194724.9, "trend": 65.768421, "fair_value": 59.442027, "relative_strength": -5.328389, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 30.188534, "energy": 39.480449, "activity_lines": [ 66.298388, 65.487048, 63.890172, 64.497353 ] }, { "date": "2025-07-04", "close": 69.975809, "volume": 106072, "typical_volume": 181191.1, "trend": 65.647989, "fair_value": 59.563816, "relative_strength": -3.800333, "stage": 3, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 43.597344, "energy": 57.646565, "activity_lines": [ 67.634401, 66.464305, 64.478213, 64.768798 ] }, { "date": "2025-07-11", "close": 68.894747, "volume": 87480, "typical_volume": 178178.85, "trend": 65.54426, "fair_value": 59.680623, "relative_strength": -4.921128, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 34.506468, "energy": 61.389015, "activity_lines": [ 68.260608, 67.074932, 64.963029, 64.978266 ] }, { "date": "2025-07-18", "close": 68.840665, "volume": 80587, "typical_volume": 175236.0, "trend": 65.561741, "fair_value": 59.785759, "relative_strength": -5.401629, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 39.180878, "energy": 65.382987, "activity_lines": [ 68.715857, 67.561826, 65.434909, 65.190937 ] }, { "date": "2025-07-25", "close": 69.554835, "volume": 69523, "typical_volume": 170289.8, "trend": 65.602117, "fair_value": 59.878425, "relative_strength": -5.554979, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 44.031434, "energy": 69.545682, "activity_lines": [ 69.165677, 68.076068, 65.964068, 65.448556 ] }, { "date": "2025-08-01", "close": 66.880411, "volume": 61641, "typical_volume": 163728.3, "trend": 65.54054, "fair_value": 59.952729, "relative_strength": -6.715376, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 34.718104, "energy": 42.873697, "activity_lines": [ 68.46058, 68.038488, 66.212139, 65.531027 ] }, { "date": "2025-08-08", "close": 68.694661, "volume": 90225, "typical_volume": 157696.75, "trend": 65.607735, "fair_value": 60.024111, "relative_strength": -6.32083, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 62.867696, "energy": 43.761696, "activity_lines": [ 68.415702, 68.274148, 66.613642, 65.734518 ] }, { "date": "2025-08-15", "close": 70.981194, "volume": 90826, "typical_volume": 155205.6, "trend": 65.656254, "fair_value": 60.115387, "relative_strength": -4.008983, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 77.102512, "energy": 51.574204, "activity_lines": [ 69.218412, 68.85353, 67.207549, 66.081193 ] }, { "date": "2025-08-22", "close": 73.467418, "volume": 180917, "typical_volume": 151191.85, "trend": 65.759409, "fair_value": 60.234473, "relative_strength": -0.810823, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 85.358541, "energy": 63.76734, "activity_lines": [ 70.710767, 69.805308, 67.997778, 66.585139 ] }, { "date": "2025-08-29", "close": 73.586281, "volume": 270226, "typical_volume": 141297.7, "trend": 65.882615, "fair_value": 60.3721, "relative_strength": -0.489275, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 81.530986, "energy": 86.46534, "activity_lines": [ 71.934293, 70.62817, 68.722418, 67.090099 ] }, { "date": "2025-09-05", "close": 74.16574, "volume": 171849, "typical_volume": 136973.65, "trend": 66.035643, "fair_value": 60.504003, "relative_strength": 0.029825, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 78.066453, "energy": 90.192162, "activity_lines": [ 73.082208, 71.411242, 69.427731, 67.624494 ] }, { "date": "2025-09-12", "close": 74.051829, "volume": 406984, "typical_volume": 150257.4, "trend": 66.173382, "fair_value": 60.648815, "relative_strength": -1.562859, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 72.478902, "energy": 88.362314, "activity_lines": [ 73.706465, 72.056269, 70.046711, 68.141667 ] }, { "date": "2025-09-19", "close": 75.289989, "volume": 253856, "typical_volume": 157149.75, "trend": 66.441049, "fair_value": 60.820682, "relative_strength": -1.017323, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 77.332795, "energy": 87.472341, "activity_lines": [ 74.386297, 72.852308, 70.719659, 68.729835 ] }, { "date": "2025-09-26", "close": 74.687323, "volume": 218733, "typical_volume": 162007.05, "trend": 66.711096, "fair_value": 60.991263, "relative_strength": -1.418706, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 69.008184, "energy": 74.213103, "activity_lines": [ 74.577988, 73.422493, 71.274926, 69.261853 ] }, { "date": "2025-10-03", "close": 75.144613, "volume": 159385, "typical_volume": 165853.65, "trend": 67.082096, "fair_value": 61.157149, "relative_strength": -1.804607, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 70.413326, "energy": 64.00127, "activity_lines": [ 74.840781, 73.96952, 71.819057, 69.805951 ] }, { "date": "2025-10-10", "close": 71.993291, "volume": 147269, "typical_volume": 168444.05, "trend": 67.387994, "fair_value": 61.303445, "relative_strength": -3.458205, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.635365, "energy": 50.807676, "activity_lines": [ 73.949246, 73.841946, 72.019273, 70.122802 ] }, { "date": "2025-10-17", "close": 73.603746, "volume": 98471, "typical_volume": 160056.7, "trend": 67.729162, "fair_value": 61.450304, "relative_strength": -2.850453, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 48.758116, "energy": 38.519346, "activity_lines": [ 73.739358, 73.914221, 72.333688, 70.523818 ] }, { "date": "2025-10-24", "close": 75.85043, "volume": 108843, "typical_volume": 154571.0, "trend": 68.174698, "fair_value": 61.592532, "relative_strength": -1.706045, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 70.413008, "energy": 45.465053, "activity_lines": [ 74.308237, 74.305728, 72.819837, 71.047771 ] }, { "date": "2025-10-31", "close": 74.220888, "volume": 142420, "typical_volume": 155235.15, "trend": 68.738182, "fair_value": 61.730537, "relative_strength": -4.336269, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 45.162726, "energy": 32.785827, "activity_lines": [ 74.296573, 74.312423, 73.106745, 71.437848 ] }, { "date": "2025-11-07", "close": 73.216044, "volume": 160880, "typical_volume": 157626.5, "trend": 69.247428, "fair_value": 61.847338, "relative_strength": -3.833491, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 42.748427, "energy": 31.487418, "activity_lines": [ 73.981056, 74.122719, 73.254942, 71.726742 ] }, { "date": "2025-11-14", "close": 72.182172, "volume": 131459, "typical_volume": 151882.3, "trend": 69.709702, "fair_value": 61.960378, "relative_strength": -5.096956, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 37.264709, "energy": 24.451362, "activity_lines": [ 73.449487, 73.751771, 73.268423, 71.916081 ] }, { "date": "2025-11-21", "close": 71.724882, "volume": 275269, "typical_volume": 160342.15, "trend": 70.079804, "fair_value": 62.065969, "relative_strength": -3.588181, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 25.253498, "energy": 16.546662, "activity_lines": [ 72.752896, 73.333743, 73.217069, 72.046092 ] }, { "date": "2025-11-28", "close": 75.219171, "volume": 89248, "typical_volume": 160430.55, "trend": 70.499436, "fair_value": 62.190276, "relative_strength": -2.251522, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 44.570495, "energy": 20.418162, "activity_lines": [ 73.346325, 73.593349, 73.490175, 72.377664 ] }, { "date": "2025-12-05", "close": 75.870312, "volume": 89827, "typical_volume": 160892.55, "trend": 70.921676, "fair_value": 62.335438, "relative_strength": -1.536129, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 58.124686, "energy": 29.378227, "activity_lines": [ 74.198885, 73.972632, 73.795178, 72.724172 ] }, { "date": "2025-12-12", "close": 77.217328, "volume": 172512, "typical_volume": 166042.0, "trend": 71.29729, "fair_value": 62.496982, "relative_strength": 0.916729, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 66.26109, "energy": 46.473346, "activity_lines": [ 75.390489, 74.575318, 74.194994, 73.130343 ] }, { "date": "2025-12-19", "close": 76.688463, "volume": 115712, "typical_volume": 168745.55, "trend": 71.728036, "fair_value": 62.653732, "relative_strength": 0.177193, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 61.791774, "energy": 62.251015, "activity_lines": [ 76.139052, 75.044161, 74.507954, 73.478161 ] }, { "date": "2025-12-26", "close": 76.894758, "volume": 92536, "typical_volume": 168861.1, "trend": 72.133394, "fair_value": 62.81168, "relative_strength": -0.886096, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 61.762519, "energy": 66.360905, "activity_lines": [ 76.655961, 75.465146, 74.793855, 73.811498 ] }, { "date": "2026-01-02", "close": 75.61762, "volume": 100311, "typical_volume": 169335.35, "trend": 72.433955, "fair_value": 62.955061, "relative_strength": -1.399268, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 58.914248, "energy": 57.056082, "activity_lines": [ 76.402499, 75.594087, 74.919077, 74.036287 ] }, { "date": "2026-01-09", "close": 78.911092, "volume": 227063, "typical_volume": 171642.65, "trend": 72.891379, "fair_value": 63.104466, "relative_strength": 1.32301, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 74.407705, "energy": 60.455084, "activity_lines": [ 77.220298, 76.326074, 75.335884, 74.454166 ] }, { "date": "2026-01-16", "close": 79.829103, "volume": 155402, "typical_volume": 165901.45, "trend": 73.365576, "fair_value": 63.26319, "relative_strength": 2.899304, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 77.43748, "energy": 68.417106, "activity_lines": [ 78.141381, 77.139695, 75.814199, 74.901762 ] }, { "date": "2026-01-23", "close": 79.69397, "volume": 118598, "typical_volume": 163238.9, "trend": 73.76496, "fair_value": 63.414362, "relative_strength": 3.113426, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 71.29215, "energy": 67.494162, "activity_lines": [ 78.843302, 77.80851, 76.249916, 75.310045 ] }, { "date": "2026-01-30", "close": 78.387212, "volume": 1617295, "typical_volume": 223754.45, "trend": 74.04534, "fair_value": 63.541678, "relative_strength": 1.094035, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 62.453802, "energy": 67.415776, "activity_lines": [ 78.90927, 78.103154, 76.534855, 75.608255 ] }, { "date": "2026-02-06", "close": 79.853537, "volume": 146864, "typical_volume": 218404.85, "trend": 74.410633, "fair_value": 63.689456, "relative_strength": 3.213702, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.717046, "energy": 64.729566, "activity_lines": [ 79.364516, 78.543269, 76.9388, 75.982977 ] }, { "date": "2026-02-13", "close": 79.058592, "volume": 122922, "typical_volume": 213614.3, "trend": 74.75123, "fair_value": 63.827293, "relative_strength": 3.516731, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 60.064814, "energy": 46.604966, "activity_lines": [ 79.272386, 78.754588, 77.245304, 76.282846 ] }, { "date": "2026-02-20", "close": 79.464592, "volume": 177831, "typical_volume": 214536.6, "trend": 75.081555, "fair_value": 63.977302, "relative_strength": 2.85683, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 60.014559, "energy": 43.114555, "activity_lines": [ 79.305756, 78.981756, 77.569659, 76.586934 ] }, { "date": "2026-02-27", "close": 78.586971, "volume": 153489, "typical_volume": 214847.6, "trend": 75.471774, "fair_value": 64.115305, "relative_strength": 2.210183, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 55.597988, "energy": 38.729697, "activity_lines": [ 79.070886, 79.008497, 77.78986, 76.813089 ] }, { "date": "2026-03-06", "close": 75.370889, "volume": 187813, "typical_volume": 219314.7, "trend": 75.694315, "fair_value": 64.26054, "relative_strength": 0.017709, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 21.162112, "energy": 13.411599, "activity_lines": [ 77.837788, 78.415978, 77.672369, 76.806581 ] }, { "date": "2026-03-13", "close": 73.790273, "volume": 240694, "typical_volume": 225907.25, "trend": 75.787951, "fair_value": 64.406131, "relative_strength": -0.562335, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 1.524339, "energy": 15.162472, "activity_lines": [ 76.278907, 77.563781, 77.395929, 76.683739 ] }, { "date": "2026-03-20", "close": 72.632611, "volume": 140989, "typical_volume": 225835.7, "trend": 75.760124, "fair_value": 64.542217, "relative_strength": -0.299679, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "mixed", "direction": -35.204893, "energy": 37.652743, "activity_lines": [ 74.738357, 76.534324, 77.019045, 76.480169 ] }, { "date": "2026-03-27", "close": 73.2028, "volume": 151329, "typical_volume": 225358.15, "trend": 75.747341, "fair_value": 64.669872, "relative_strength": 2.747627, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -28.23105, "energy": 41.854554, "activity_lines": [ 73.816267, 75.722692, 76.704027, 76.31518 ] }, { "date": "2026-04-03", "close": 75.3874, "volume": 137778, "typical_volume": 225674.1, "trend": 75.788063, "fair_value": 64.819962, "relative_strength": 2.30259, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -22.622805, "energy": 41.957462, "activity_lines": [ 74.039831, 75.428739, 76.597131, 76.291958 ] }, { "date": "2026-04-10", "close": 78.31, "volume": 164187, "typical_volume": 220120.0, "trend": 75.930002, "fair_value": 64.984005, "relative_strength": 2.47645, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -1.898125, "energy": 13.176667, "activity_lines": [ 75.4509, 75.744468, 76.753314, 76.454664 ] }, { "date": "2026-04-17", "close": 82.6, "volume": 138413, "typical_volume": 222578.25, "trend": 76.173669, "fair_value": 65.174975, "relative_strength": 3.34513, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 56.933656, "energy": 33.139326, "activity_lines": [ 78.096027, 76.841601, 77.28671, 76.884986 ] }, { "date": "2026-04-24", "close": 82.602426, "volume": 143634, "typical_volume": 225268.6, "trend": 76.437506, "fair_value": 65.371192, "relative_strength": 2.721859, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 71.057369, "energy": 52.236562, "activity_lines": [ 80.154649, 77.88924, 77.785191, 77.299745 ] }, { "date": "2026-05-01", "close": 83.440236, "volume": 273457, "typical_volume": 230315.85, "trend": 76.714027, "fair_value": 65.575672, "relative_strength": 2.727229, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 72.785333, "energy": 73.194001, "activity_lines": [ 81.827886, 79.024775, 78.331406, 77.751534 ] }, { "date": "2026-05-08", "close": 84.72915, "volume": 116190, "typical_volume": 230339.75, "trend": 77.138556, "fair_value": 65.791737, "relative_strength": 1.886557, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 76.504782, "energy": 83.226315, "activity_lines": [ 83.248265, 80.322373, 78.970741, 78.268638 ] }, { "date": "2026-05-15", "close": 82.09336, "volume": 149840, "typical_volume": 233204.95, "trend": 77.421543, "fair_value": 65.984136, "relative_strength": -1.469821, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.817327, "energy": 76.142316, "activity_lines": [ 83.167264, 81.02906, 79.32076, 78.588303 ] }, { "date": "2026-05-22", "close": 84.246905, "volume": 131973, "typical_volume": 234788.05, "trend": 77.701425, "fair_value": 66.189172, "relative_strength": 0.209956, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 69.145523, "energy": 70.812204, "activity_lines": [ 83.551888, 82.005075, 79.851123, 79.028649 ] }, { "date": "2026-05-29", "close": 85.804575, "volume": 93207, "typical_volume": 228095.25, "trend": 78.087548, "fair_value": 66.393915, "relative_strength": 0.560229, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 74.577947, "energy": 65.063258, "activity_lines": [ 84.345941, 83.074181, 80.488744, 79.551433 ] }, { "date": "2026-06-05", "close": 84.427871, "volume": 121899, "typical_volume": 226420.1, "trend": 78.461276, "fair_value": 66.582942, "relative_strength": 1.451152, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 61.752844, "energy": 50.438753, "activity_lines": [ 84.467616, 83.653488, 80.962424, 79.960486 ] }, { "date": "2026-06-12", "close": 87.994732, "volume": 177041, "typical_volume": 229342.25, "trend": 78.988361, "fair_value": 66.793541, "relative_strength": 4.992015, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 78.412527, "energy": 64.678503, "activity_lines": [ 85.712403, 84.677222, 81.753907, 80.575548 ] }, { "date": "2026-06-19", "close": 88.745335, "volume": 116102, "typical_volume": 154282.6, "trend": 79.555709, "fair_value": 67.018858, "relative_strength": 4.783937, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 76.506717, "energy": 76.749717, "activity_lines": [ 86.989685, 85.608206, 82.577347, 81.20503 ] }, { "date": "2026-06-26", "close": 90.43, "volume": 196443, "typical_volume": 156761.55, "trend": 80.062737, "fair_value": 67.241761, "relative_strength": 9.137593, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 80.257284, "energy": 83.124655, "activity_lines": [ 88.385057, 86.655759, 83.511908, 81.906597 ] }, { "date": "2026-07-03", "close": 90.29, "volume": 112528, "typical_volume": 156241.85, "trend": 80.543393, "fair_value": 67.467936, "relative_strength": 6.512551, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 74.248311, "energy": 85.727185, "activity_lines": [ 89.321556, 87.535493, 84.382771, 82.566421 ] }, { "date": "2026-07-10", "close": 90.4, "volume": 199335, "typical_volume": 157317.05, "trend": 80.982816, "fair_value": 67.683169, "relative_strength": 5.06289, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 70.105826, "energy": 84.467163, "activity_lines": [ 89.995693, 88.295454, 85.210628, 83.202331 ] }, { "date": "2026-07-17", "close": 90.13, "volume": 191199, "typical_volume": 159202.55, "trend": 81.430867, "fair_value": 67.891667, "relative_strength": 6.206758, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.791348, "energy": 81.269003, "activity_lines": [ 90.181689, 88.879783, 85.960697, 83.792472 ] }, { "date": "2026-07-24", "close": 88.835, "volume": 187763, "typical_volume": 159200.05, "trend": 81.828875, "fair_value": 68.085561, "relative_strength": 5.124186, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.932258, "energy": 59.172916, "activity_lines": [ 89.793667, 89.130459, 86.532466, 84.270158 ] }, { "date": "2026-07-31", "close": 89.15, "volume": 318199, "typical_volume": 163075.3, "trend": 82.279954, "fair_value": 68.28451, "relative_strength": 4.167774, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 60.809353, "energy": 53.001965, "activity_lines": [ 89.504667, 89.315834, 87.070119, 84.742488 ] }, { "date": "2026-08-07", "close": 91.9518, "volume": 120815, "typical_volume": 162066.6, "trend": 82.714645, "fair_value": 68.505737, "relative_strength": 3.624573, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 74.330268, "energy": 57.056881, "activity_lines": [ 90.234933, 89.921479, 87.80147, 85.366478 ] } ], "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." } } }