{ "ticker": { "uuid": "b6013f5e-8537-4017-b2e1-926037a8e5f8", "symbol": "GTO", "name": "INVESCO ACTIVELY MANAGED ETF TRUST TOTAL RETURN BD 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": 3, "stage_name": "Distribution", "phase": "3a", "phase_label": "Stage 3A \u00b7 Churning", "transition": "stage_3_churning", "transition_label": "Stage 3 range intact", "confidence": 69.293, "architecture_regime": "downward_expansion", "architecture_regime_label": "Downward Expansion", "architecture_modifier": "Early contraction", "architecture_gate": "down", "architecture_direction": -59.573, "architecture_energy": 63.163, "architecture_maturity": 4.537, "architecture_confidence": 85.368, "architecture_tenure": "New", "architecture": { "interpretation": { "headline": "The weekly architecture is expanding downward.", "body": "Trend and Activity show sustained negative alignment with weak price acceptance. Repair requires persistent improvement across the structure, not merely one strong observation." }, "scores": { "balance": 28.23, "rotation_up": 10.21, "upward_expansion": 14.04, "deceleration": 37.41, "rotation_down": 70.11, "downward_expansion": 89.71 }, "activity_lines": [ 46.219919, 46.358307, 46.466154, 46.532558 ], "activity_state": "Moderate", "activity_direction": "Expanding", "rotation_direction": "Weakening", "price_acceptance": -0.833333 }, "latest_close": 46.32, "trend_reference": 46.632823, "distance_from_trend": -0.006708, "trend_direction": "Improving", "fair_value": 44.02534, "distance_from_fair_value": 0.052121, "fair_value_direction": "Weakening", "relative_strength": -11.229621, "relative_strength_direction": "Weakening", "price_momentum": -0.011741, "excess_performance": -0.137366, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.006708, "read": "Below" }, { "label": "Trend direction", "positive": true, "value": 2.6e-05, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.052121, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.021111, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.112296, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.01521, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.011741, "read": "Negative" }, { "label": "Volume balance", "positive": true, "value": 1.015668, "read": "Demand-led" } ], "volume": { "latest": 913445, "relative_activity": 0.76822, "balance": 1.015668, "dry_up": 0.797395, "accumulation_observations": 2, "distribution_observations": 1 }, "risk": { "range_context": 0.007567, "annualized_volatility": 0.042694, "from_high_reference": -0.023444, "from_low_reference": 0.027612 }, "levels": { "trend_reference": 46.632823, "fair_value_reference": 44.02534, "structural_low": 45.8801, "invalidation": "A decisive breakout above range resistance with renewed RS leadership invalidates the distribution reading; a range-low break confirms deterioration." }, "outcomes": [ { "horizon": "Near term", "sample_count": 17, "median_return": -0.012947, "positive_rate": 0.411765, "directional_follow_through": 0.588235, "median_excess_return": 0.009648, "regime_survival": 0.823529, "best_return": 0.045184, "worst_return": -0.040388, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 7, "median_return": 0.001671, "positive_rate": 0.571429, "directional_follow_through": 0.428571, "median_excess_return": -0.019141, "regime_survival": 0.571429, "best_return": 0.079338, "worst_return": -0.074195, "sufficient": true }, { "horizon": "Extended", "sample_count": 4, "median_return": 0.023019, "positive_rate": 0.75, "directional_follow_through": 0.25, "median_excess_return": -0.018517, "regime_survival": 0.25, "best_return": 0.042843, "worst_return": -0.114377, "sufficient": false }, { "horizon": "Full cycle", "sample_count": 3, "median_return": 0.069558, "positive_rate": 0.666667, "directional_follow_through": 0.333333, "median_excess_return": -0.093701, "regime_survival": 0.0, "best_return": 0.103098, "worst_return": -0.102492, "sufficient": false } ], "ledger": [ { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-03-01", "end": "2024-03-08", "tenure": "New", "return": 0.007935, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-03-15", "end": "2024-04-12", "tenure": "Developing", "return": -0.007755, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-04-19", "end": "2024-06-14", "tenure": "Developing", "return": 0.033859, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-06-21", "end": "2024-10-18", "tenure": "Established", "return": 0.032285, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-10-25", "end": "2025-01-03", "tenure": "Developing", "return": -0.006741, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-01-10", "end": "2025-01-24", "tenure": "New", "return": 0.012004, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-01-31", "end": "2025-02-14", "tenure": "New", "return": 0.006019, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-02-21", "end": "2025-02-28", "tenure": "New", "return": 0.012031, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-03-07", "end": "2025-04-11", "tenure": "Developing", "return": -0.02181, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-04-18", "end": "2025-06-27", "tenure": "Developing", "return": 0.022369, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-07-04", "end": "2026-04-03", "tenure": "Extended", "return": 0.042085, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-04-10", "end": "2026-05-15", "tenure": "Developing", "return": -0.010166, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-05-22", "end": "2026-07-24", "tenure": "Developing", "return": -0.007418, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-07-31", "end": "2026-08-07", "tenure": "New", "return": 0.005863, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 40.059569, "volume": 797147, "typical_volume": 865621.15, "trend": 40.791303, "fair_value": 43.761435, "relative_strength": -8.515324, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -63.213663, "energy": 52.802102, "activity_lines": [ 40.357541, 40.4896, 40.576265, 40.663131 ] }, { "date": "2023-08-25", "close": 40.200827, "volume": 1223518, "typical_volume": 900717.0, "trend": 40.746021, "fair_value": 43.72396, "relative_strength": -8.711712, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -56.957132, "energy": 59.060606, "activity_lines": [ 40.25675, 40.423518, 40.529632, 40.625035 ] }, { "date": "2023-09-01", "close": 40.395034, "volume": 623127, "typical_volume": 835312.25, "trend": 40.704338, "fair_value": 43.686685, "relative_strength": -10.279054, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -54.97438, "energy": 57.267224, "activity_lines": [ 40.265931, 40.401907, 40.506849, 40.602391 ] }, { "date": "2023-09-08", "close": 40.26262, "volume": 510781, "typical_volume": 722313.15, "trend": 40.677497, "fair_value": 43.648636, "relative_strength": -9.24369, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -55.039192, "energy": 50.859267, "activity_lines": [ 40.25786, 40.362637, 40.474108, 40.573893 ] }, { "date": "2023-09-15", "close": 40.116965, "volume": 469228, "typical_volume": 719782.25, "trend": 40.651838, "fair_value": 43.60945, "relative_strength": -9.19052, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -59.543322, "energy": 38.977462, "activity_lines": [ 40.218775, 40.305071, 40.430406, 40.53773 ] }, { "date": "2023-09-22", "close": 39.965059, "volume": 725274, "typical_volume": 720157.0, "trend": 40.634863, "fair_value": 43.569662, "relative_strength": -6.522215, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.654858, "energy": 38.800081, "activity_lines": [ 40.138127, 40.220683, 40.377437, 40.493421 ] }, { "date": "2023-09-29", "close": 39.531041, "volume": 934909, "typical_volume": 734781.7, "trend": 40.598808, "fair_value": 43.527244, "relative_strength": -6.580253, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -76.364172, "energy": 62.634923, "activity_lines": [ 39.919107, 40.072572, 40.288145, 40.422207 ] }, { "date": "2023-10-06", "close": 38.973018, "volume": 592282, "typical_volume": 724276.4, "trend": 40.53752, "fair_value": 43.481213, "relative_strength": -8.025639, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -86.593312, "energy": 84.147951, "activity_lines": [ 39.558732, 39.847518, 40.152207, 40.317317 ] }, { "date": "2023-10-13", "close": 39.380463, "volume": 565470, "typical_volume": 720391.05, "trend": 40.48693, "fair_value": 43.437064, "relative_strength": -7.172986, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -68.76902, "energy": 81.486729, "activity_lines": [ 39.428973, 39.729731, 40.062031, 40.242669 ] }, { "date": "2023-10-20", "close": 38.640862, "volume": 1452200, "typical_volume": 766789.2, "trend": 40.408156, "fair_value": 43.389284, "relative_strength": -6.485022, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -87.802751, "energy": 91.652443, "activity_lines": [ 39.11149, 39.498295, 39.905518, 40.123567 ] }, { "date": "2023-10-27", "close": 38.892955, "volume": 1563528, "typical_volume": 801007.2, "trend": 40.338942, "fair_value": 43.344041, "relative_strength": -3.364142, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -72.415114, "energy": 86.245775, "activity_lines": [ 38.976446, 39.342005, 39.782508, 40.025813 ] }, { "date": "2023-11-03", "close": 39.746573, "volume": 665025, "typical_volume": 780371.15, "trend": 40.286322, "fair_value": 43.301558, "relative_strength": -6.488427, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.725275, "energy": 53.252376, "activity_lines": [ 39.197414, 39.362131, 39.748841, 39.987595 ] }, { "date": "2023-11-10", "close": 39.648763, "volume": 849122, "typical_volume": 799004.45, "trend": 40.24288, "fair_value": 43.258346, "relative_strength": -7.79683, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -59.165524, "energy": 43.928509, "activity_lines": [ 39.371411, 39.372731, 39.71042, 39.946462 ] }, { "date": "2023-11-17", "close": 40.217841, "volume": 1027485, "typical_volume": 819966.9, "trend": 40.221012, "fair_value": 43.216429, "relative_strength": -8.374621, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -23.97913, "energy": 18.61893, "activity_lines": [ 39.69005, 39.500369, 39.731432, 39.944847 ] }, { "date": "2023-11-24", "close": 40.267985, "volume": 375106, "typical_volume": 806361.2, "trend": 40.18964, "fair_value": 43.174749, "relative_strength": -8.949024, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -9.038697, "energy": 23.218648, "activity_lines": [ 39.969579, 39.637939, 39.759577, 39.947877 ] }, { "date": "2023-12-01", "close": 41.062278, "volume": 978305, "typical_volume": 809140.85, "trend": 40.191129, "fair_value": 43.13876, "relative_strength": -7.710297, "stage": 1, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "mixed", "direction": 40.455778, "energy": 41.683749, "activity_lines": [ 40.405397, 39.917179, 39.862858, 40.004177 ] }, { "date": "2023-12-08", "close": 41.142599, "volume": 861079, "typical_volume": 820845.45, "trend": 40.199359, "fair_value": 43.101903, "relative_strength": -7.478031, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 41.837255, "energy": 55.411564, "activity_lines": [ 40.723367, 40.191074, 39.972542, 40.065562 ] }, { "date": "2023-12-15", "close": 42.035064, "volume": 1986637, "typical_volume": 888241.05, "trend": 40.25272, "fair_value": 43.070869, "relative_strength": -7.348225, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 52.70703, "energy": 74.716901, "activity_lines": [ 41.245757, 40.597934, 40.16597, 40.183994 ] }, { "date": "2023-12-22", "close": 42.156807, "volume": 1213078, "typical_volume": 891900.8, "trend": 40.316557, "fair_value": 43.04049, "relative_strength": -7.602955, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 58.597177, "energy": 82.430231, "activity_lines": [ 41.649642, 40.971255, 40.365103, 40.306839 ] }, { "date": "2023-12-29", "close": 42.309062, "volume": 547195, "typical_volume": 898024.8, "trend": 40.372366, "fair_value": 43.010249, "relative_strength": -7.278456, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 81.485084, "energy": 92.537919, "activity_lines": [ 41.975014, 41.321781, 40.570969, 40.435387 ] }, { "date": "2024-01-05", "close": 41.870209, "volume": 658592, "typical_volume": 891097.05, "trend": 40.415293, "fair_value": 42.980071, "relative_strength": -6.471065, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.916571, "energy": 87.38404, "activity_lines": [ 42.018029, 41.52582, 40.725249, 40.532022 ] }, { "date": "2024-01-12", "close": 42.273237, "volume": 1320945, "typical_volume": 895968.4, "trend": 40.467579, "fair_value": 42.951012, "relative_strength": -6.999065, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 72.705253, "energy": 87.219788, "activity_lines": [ 42.141526, 41.749005, 40.90929, 40.65189 ] }, { "date": "2024-01-19", "close": 41.870209, "volume": 1130339, "typical_volume": 921329.0, "trend": 40.504988, "fair_value": 42.918924, "relative_strength": -8.628376, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.209783, "energy": 70.556075, "activity_lines": [ 42.055303, 41.852973, 41.045079, 40.742382 ] }, { "date": "2024-01-26", "close": 42.002524, "volume": 666407, "typical_volume": 929110.3, "trend": 40.547977, "fair_value": 42.88805, "relative_strength": -8.947335, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 62.224072, "energy": 57.91934, "activity_lines": [ 42.024176, 41.940609, 41.186445, 40.838997 ] }, { "date": "2024-02-02", "close": 42.218244, "volume": 1421046, "typical_volume": 976701.2, "trend": 40.616558, "fair_value": 42.859188, "relative_strength": -9.449152, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 68.681325, "energy": 60.632264, "activity_lines": [ 42.075242, 42.035017, 41.340071, 40.946756 ] }, { "date": "2024-02-09", "close": 41.939605, "volume": 1595354, "typical_volume": 1020205.2, "trend": 40.654528, "fair_value": 42.82833, "relative_strength": -10.940076, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 49.880677, "energy": 48.383265, "activity_lines": [ 42.039482, 42.043305, 41.457153, 41.032114 ] }, { "date": "2024-02-16", "close": 41.759839, "volume": 1006293, "typical_volume": 1023774.4, "trend": 40.683877, "fair_value": 42.798308, "relative_strength": -10.686709, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 48.616338, "energy": 45.137575, "activity_lines": [ 41.939174, 42.002956, 41.547713, 41.103425 ] }, { "date": "2024-02-23", "close": 41.923142, "volume": 1195841, "typical_volume": 1053952.35, "trend": 40.721371, "fair_value": 42.769064, "relative_strength": -11.425523, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 45.769523, "energy": 40.572892, "activity_lines": [ 41.927526, 41.981077, 41.643211, 41.183377 ] }, { "date": "2024-03-01", "close": 42.067487, "volume": 833341, "typical_volume": 1067345.9, "trend": 40.772764, "fair_value": 42.74347, "relative_strength": -11.62253, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 50.153164, "energy": 39.99549, "activity_lines": [ 41.960465, 41.987476, 41.738409, 41.270223 ] }, { "date": "2024-03-08", "close": 42.401284, "volume": 660216, "typical_volume": 1027746.7, "trend": 40.844372, "fair_value": 42.721955, "relative_strength": -10.26882, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 72.614691, "energy": 51.687022, "activity_lines": [ 42.100338, 42.056191, 41.852601, 41.375289 ] }, { "date": "2024-03-15", "close": 41.995314, "volume": 814505, "typical_volume": 990295.55, "trend": 40.908897, "fair_value": 42.697889, "relative_strength": -10.630906, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 57.56627, "energy": 48.765155, "activity_lines": [ 42.092686, 42.049415, 41.910223, 41.449544 ] }, { "date": "2024-03-22", "close": 42.348871, "volume": 1024708, "typical_volume": 1008279.7, "trend": 40.980498, "fair_value": 42.675665, "relative_strength": -11.404983, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 68.245777, "energy": 54.543657, "activity_lines": [ 42.199172, 42.104649, 41.986744, 41.542445 ] }, { "date": "2024-03-29", "close": 42.394154, "volume": 444585, "typical_volume": 988052.85, "trend": 41.047136, "fair_value": 42.651841, "relative_strength": -11.244408, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 68.166661, "energy": 57.663782, "activity_lines": [ 42.281483, 42.16674, 42.055185, 41.633649 ] }, { "date": "2024-04-05", "close": 42.004719, "volume": 718439, "typical_volume": 972600.55, "trend": 41.105206, "fair_value": 42.625153, "relative_strength": -10.870198, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 57.607245, "energy": 43.800244, "activity_lines": [ 42.202582, 42.148499, 42.073464, 41.695428 ] }, { "date": "2024-04-12", "close": 41.669623, "volume": 1049298, "typical_volume": 1006310.15, "trend": 41.156961, "fair_value": 42.595583, "relative_strength": -9.90401, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 35.450827, "energy": 26.448981, "activity_lines": [ 42.016167, 42.069291, 42.051321, 41.731842 ] }, { "date": "2024-04-19", "close": 41.397923, "volume": 1091182, "typical_volume": 1011954.0, "trend": 41.204723, "fair_value": 42.56371, "relative_strength": -7.320577, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -3.453804, "energy": 13.16795, "activity_lines": [ 41.787963, 41.950658, 41.996626, 41.747388 ] }, { "date": "2024-04-26", "close": 41.422722, "volume": 885706, "typical_volume": 1013185.35, "trend": 41.267779, "fair_value": 42.532385, "relative_strength": -9.287391, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -6.49048, "energy": 24.942288, "activity_lines": [ 41.607851, 41.846383, 41.942695, 41.761453 ] }, { "date": "2024-05-03", "close": 41.959145, "volume": 739956, "typical_volume": 950851.3, "trend": 41.367317, "fair_value": 42.503584, "relative_strength": -8.288384, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 6.180395, "energy": 22.192592, "activity_lines": [ 41.66829, 41.845768, 41.938519, 41.806057 ] }, { "date": "2024-05-10", "close": 41.977329, "volume": 475895, "typical_volume": 913992.15, "trend": 41.453879, "fair_value": 42.475582, "relative_strength": -9.538016, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 11.219286, "energy": 16.409286, "activity_lines": [ 41.763791, 41.847806, 41.936435, 41.845413 ] }, { "date": "2024-05-17", "close": 42.259178, "volume": 450858, "typical_volume": 909175.3, "trend": 41.574489, "fair_value": 42.449387, "relative_strength": -10.058681, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 45.149832, "energy": 21.608696, "activity_lines": [ 41.955067, 41.902727, 41.962049, 41.897367 ] }, { "date": "2024-05-24", "close": 42.12416, "volume": 652384, "typical_volume": 908864.9, "trend": 41.682196, "fair_value": 42.421072, "relative_strength": -10.000296, "stage": 3, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 41.663249, "energy": 30.343787, "activity_lines": [ 42.062034, 41.935684, 41.975041, 41.93283 ] }, { "date": "2024-05-31", "close": 42.142415, "volume": 399659, "typical_volume": 862800.6, "trend": 41.762058, "fair_value": 42.39197, "relative_strength": -9.283622, "stage": 3, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 42.784776, "energy": 31.737465, "activity_lines": [ 42.12667, 41.969617, 41.988563, 41.962521 ] }, { "date": "2024-06-07", "close": 42.288458, "volume": 693977, "typical_volume": 840982.5, "trend": 41.850048, "fair_value": 42.36275, "relative_strength": -9.774478, "stage": 3, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 60.855812, "energy": 41.327715, "activity_lines": [ 42.192008, 42.033857, 42.016617, 41.996483 ] }, { "date": "2024-06-14", "close": 42.799607, "volume": 663442, "typical_volume": 840834.25, "trend": 41.936106, "fair_value": 42.336017, "relative_strength": -9.867625, "stage": 3, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 79.101291, "energy": 68.58092, "activity_lines": [ 42.405774, 42.192956, 42.09136, 42.057745 ] }, { "date": "2024-06-21", "close": 42.717458, "volume": 629847, "typical_volume": 801274.3, "trend": 42.017756, "fair_value": 42.310342, "relative_strength": -10.282344, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 72.531261, "energy": 70.009818, "activity_lines": [ 42.537339, 42.322665, 42.154483, 42.108154 ] }, { "date": "2024-06-28", "close": 42.477075, "volume": 802722, "typical_volume": 761642.7, "trend": 42.064915, "fair_value": 42.281069, "relative_strength": -10.442557, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 61.107424, "energy": 63.899728, "activity_lines": [ 42.558224, 42.389617, 42.192336, 42.137788 ] }, { "date": "2024-07-05", "close": 42.779436, "volume": 636301, "typical_volume": 743143.1, "trend": 42.119477, "fair_value": 42.253445, "relative_strength": -11.191224, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 68.79121, "energy": 68.57758, "activity_lines": [ 42.656368, 42.491923, 42.256426, 42.183886 ] }, { "date": "2024-07-12", "close": 43.136771, "volume": 1254088, "typical_volume": 746055.45, "trend": 42.1562, "fair_value": 42.227241, "relative_strength": -11.008213, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 78.709507, "energy": 73.299618, "activity_lines": [ 42.831156, 42.634531, 42.349692, 42.249518 ] }, { "date": "2024-07-19", "close": 42.962685, "volume": 608785, "typical_volume": 734827.65, "trend": 42.183063, "fair_value": 42.19963, "relative_strength": -9.321106, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 67.472634, "energy": 67.024004, "activity_lines": [ 42.891362, 42.724076, 42.4206, 42.301549 ] }, { "date": "2024-07-26", "close": 43.101951, "volume": 2944983, "typical_volume": 849066.0, "trend": 42.209492, "fair_value": 42.17175, "relative_strength": -8.033714, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 71.185415, "energy": 74.230934, "activity_lines": [ 42.987117, 42.821026, 42.500508, 42.360832 ] }, { "date": "2024-08-02", "close": 44.095126, "volume": 1054835, "typical_volume": 861082.5, "trend": 42.283656, "fair_value": 42.151926, "relative_strength": -3.678544, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 92.524656, "energy": 92.068454, "activity_lines": [ 43.388298, 43.08323, 42.671667, 42.482486 ] }, { "date": "2024-08-09", "close": 43.727283, "volume": 1255741, "typical_volume": 872634.15, "trend": 42.332125, "fair_value": 42.128688, "relative_strength": -4.293514, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 76.340572, "energy": 85.383664, "activity_lines": [ 43.558994, 43.242719, 42.797795, 42.575623 ] }, { "date": "2024-08-16", "close": 43.993969, "volume": 836999, "typical_volume": 892254.85, "trend": 42.402917, "fair_value": 42.107212, "relative_strength": -7.127952, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 80.287158, "energy": 90.20947, "activity_lines": [ 43.755396, 43.421879, 42.942758, 42.682839 ] }, { "date": "2024-08-23", "close": 44.345453, "volume": 763386, "typical_volume": 894502.2, "trend": 42.481014, "fair_value": 42.08762, "relative_strength": -7.40136, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 84.431607, "energy": 92.756103, "activity_lines": [ 44.011813, 43.633937, 43.113577, 42.808164 ] }, { "date": "2024-08-30", "close": 44.105599, "volume": 686160, "typical_volume": 876345.3, "trend": 42.543926, "fair_value": 42.066649, "relative_strength": -7.894666, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 69.217956, "energy": 82.423387, "activity_lines": [ 44.096094, 43.774278, 43.250407, 42.912976 ] }, { "date": "2024-09-06", "close": 44.622209, "volume": 811192, "typical_volume": 862345.8, "trend": 42.633346, "fair_value": 42.048989, "relative_strength": -2.594468, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 84.170436, "energy": 88.16715, "activity_lines": [ 44.285668, 43.98331, 43.424837, 43.047059 ] }, { "date": "2024-09-13", "close": 44.834388, "volume": 781888, "typical_volume": 857154.9, "trend": 42.735831, "fair_value": 42.03269, "relative_strength": -5.652055, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 84.757147, "energy": 90.722014, "activity_lines": [ 44.51083, 44.191917, 43.604122, 43.189061 ] }, { "date": "2024-09-20", "close": 44.779037, "volume": 1059391, "typical_volume": 873126.65, "trend": 42.831028, "fair_value": 42.017207, "relative_strength": -6.76507, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 76.365679, "energy": 85.362843, "activity_lines": [ 44.643734, 44.353098, 43.761888, 43.320881 ] }, { "date": "2024-09-27", "close": 44.790965, "volume": 727113, "typical_volume": 885687.55, "trend": 42.92181, "fair_value": 42.00233, "relative_strength": -6.940696, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 72.751217, "energy": 84.104955, "activity_lines": [ 44.728277, 44.486588, 43.907363, 43.447329 ] }, { "date": "2024-10-04", "close": 44.291025, "volume": 787720, "typical_volume": 902530.65, "trend": 42.984802, "fair_value": 41.987006, "relative_strength": -7.913594, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.861456, "energy": 65.144529, "activity_lines": [ 44.616472, 44.495938, 43.991827, 43.535665 ] }, { "date": "2024-10-11", "close": 44.068829, "volume": 786405, "typical_volume": 909231.7, "trend": 43.053919, "fair_value": 41.969461, "relative_strength": -9.075958, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 53.139625, "energy": 51.6716, "activity_lines": [ 44.41824, 44.44327, 44.045453, 43.605602 ] }, { "date": "2024-10-18", "close": 44.096603, "volume": 593906, "typical_volume": 918944.05, "trend": 43.112177, "fair_value": 41.952491, "relative_strength": -9.432765, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 46.133674, "energy": 37.032636, "activity_lines": [ 44.266158, 44.396129, 44.092464, 43.672872 ] }, { "date": "2024-10-25", "close": 43.685943, "volume": 627779, "typical_volume": 915634.15, "trend": 43.155236, "fair_value": 41.93172, "relative_strength": -8.984506, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 31.885705, "energy": 30.02852, "activity_lines": [ 44.026375, 44.267609, 44.091059, 43.70989 ] }, { "date": "2024-11-01", "close": 43.444379, "volume": 944728, "typical_volume": 929698.45, "trend": 43.203225, "fair_value": 41.908074, "relative_strength": -7.864988, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 4.52331, "energy": 25.601818, "activity_lines": [ 43.778944, 44.100767, 44.059993, 43.728544 ] }, { "date": "2024-11-08", "close": 43.85318, "volume": 1668285, "typical_volume": 981620.35, "trend": 43.27601, "fair_value": 41.888747, "relative_strength": -10.84751, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 6.896421, "energy": 24.369303, "activity_lines": [ 43.757552, 44.024637, 44.06479, 43.770476 ] }, { "date": "2024-11-15", "close": 43.490834, "volume": 971243, "typical_volume": 990046.4, "trend": 43.345774, "fair_value": 41.867045, "relative_strength": -9.363476, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -9.22332, "energy": 28.709574, "activity_lines": [ 43.644568, 43.887215, 44.02967, 43.784336 ] }, { "date": "2024-11-22", "close": 43.573732, "volume": 995831, "typical_volume": 1008022.9, "trend": 43.417474, "fair_value": 41.846528, "relative_strength": -10.33229, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -4.522773, "energy": 25.953774, "activity_lines": [ 43.597749, 43.785435, 43.997617, 43.799043 ] }, { "date": "2024-11-29", "close": 44.123764, "volume": 589876, "typical_volume": 974812.3, "trend": 43.489628, "fair_value": 41.827941, "relative_strength": -9.891251, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 12.459726, "energy": 13.951222, "activity_lines": [ 43.769133, 43.806583, 44.014167, 43.84461 ] }, { "date": "2024-12-06", "close": 44.338183, "volume": 975548, "typical_volume": 993150.45, "trend": 43.568323, "fair_value": 41.812165, "relative_strength": -9.860127, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 41.691505, "energy": 22.048296, "activity_lines": [ 43.982801, 43.87863, 44.046437, 43.899356 ] }, { "date": "2024-12-13", "close": 43.788151, "volume": 767312, "typical_volume": 884266.9, "trend": 43.619289, "fair_value": 41.792171, "relative_strength": -10.064544, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 22.332719, "energy": 18.423695, "activity_lines": [ 43.953538, 43.858903, 44.019773, 43.913538 ] }, { "date": "2024-12-20", "close": 43.461861, "volume": 1007738, "typical_volume": 881912.05, "trend": 43.663879, "fair_value": 41.771116, "relative_strength": -8.703964, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 5.286931, "energy": 10.36874, "activity_lines": [ 43.819848, 43.788994, 43.958766, 43.903381 ] }, { "date": "2024-12-27", "close": 43.354019, "volume": 485939, "typical_volume": 843421.95, "trend": 43.704266, "fair_value": 41.74873, "relative_strength": -9.146126, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -28.151129, "energy": 19.940227, "activity_lines": [ 43.652141, 43.710514, 43.890504, 43.88339 ] }, { "date": "2025-01-03", "close": 43.39145, "volume": 683580, "typical_volume": 835751.0, "trend": 43.741032, "fair_value": 41.731112, "relative_strength": -8.216299, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -35.972622, "energy": 50.859148, "activity_lines": [ 43.51156, 43.65234, 43.827584, 43.863209 ] }, { "date": "2025-01-10", "close": 43.017144, "volume": 740399, "typical_volume": 834601.65, "trend": 43.748283, "fair_value": 41.712215, "relative_strength": -6.859255, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -50.032949, "energy": 67.181438, "activity_lines": [ 43.29503, 43.531465, 43.731886, 43.816506 ] }, { "date": "2025-01-17", "close": 43.438238, "volume": 978369, "typical_volume": 849212.1, "trend": 43.772309, "fair_value": 41.696069, "relative_strength": -8.300106, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -34.743522, "energy": 57.995804, "activity_lines": [ 43.306934, 43.494921, 43.682616, 43.796503 ] }, { "date": "2025-01-24", "close": 43.533513, "volume": 764438, "typical_volume": 846874.4, "trend": 43.807524, "fair_value": 41.681604, "relative_strength": -9.324725, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -58.11745, "energy": 58.020916, "activity_lines": [ 43.373925, 43.483244, 43.645599, 43.781097 ] }, { "date": "2025-01-31", "close": 43.693183, "volume": 846676, "typical_volume": 850113.8, "trend": 43.837982, "fair_value": 41.670938, "relative_strength": -7.750002, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -52.167502, "energy": 32.878289, "activity_lines": [ 43.489361, 43.499821, 43.628972, 43.77372 ] }, { "date": "2025-02-07", "close": 43.824675, "volume": 928465, "typical_volume": 843567.5, "trend": 43.860912, "fair_value": 41.662289, "relative_strength": -7.04256, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -28.617451, "energy": 19.035279, "activity_lines": [ 43.626018, 43.538135, 43.630303, 43.772862 ] }, { "date": "2025-02-14", "close": 43.956168, "volume": 1921877, "typical_volume": 903305.7, "trend": 43.894028, "fair_value": 41.65587, "relative_strength": -7.845177, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -11.557434, "energy": 17.625253, "activity_lines": [ 43.777624, 43.605794, 43.648702, 43.779007 ] }, { "date": "2025-02-21", "close": 44.050092, "volume": 623398, "typical_volume": 895089.6, "trend": 43.925633, "fair_value": 41.651638, "relative_strength": -5.910313, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 4.089731, "energy": 19.466752, "activity_lines": [ 43.897936, 43.697476, 43.680021, 43.789076 ] }, { "date": "2025-02-28", "close": 44.580075, "volume": 1052326, "typical_volume": 908385.65, "trend": 43.941798, "fair_value": 41.650321, "relative_strength": -3.664085, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 43.627884, "energy": 52.783605, "activity_lines": [ 44.154119, 43.880757, 43.762961, 43.831298 ] }, { "date": "2025-03-07", "close": 44.325548, "volume": 876771, "typical_volume": 922528.9, "trend": 43.96174, "fair_value": 41.652934, "relative_strength": -1.007073, "stage": 3, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 30.365518, "energy": 55.138899, "activity_lines": [ 44.255688, 43.997428, 43.819227, 43.856056 ] }, { "date": "2025-03-14", "close": 44.184143, "volume": 1027026, "typical_volume": 942491.25, "trend": 43.968079, "fair_value": 41.654748, "relative_strength": 1.092227, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 26.403384, "energy": 54.497422, "activity_lines": [ 44.267966, 44.070725, 43.860935, 43.870405 ] }, { "date": "2025-03-21", "close": 44.372682, "volume": 1254932, "typical_volume": 958001.45, "trend": 43.968987, "fair_value": 41.661847, "relative_strength": 1.099289, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 39.497985, "energy": 59.287237, "activity_lines": [ 44.319125, 44.163889, 43.918227, 43.896508 ] }, { "date": "2025-03-28", "close": 44.295826, "volume": 695274, "typical_volume": 909350.9, "trend": 43.975328, "fair_value": 41.66572, "relative_strength": 2.49511, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 32.061872, "energy": 36.158159, "activity_lines": [ 44.316897, 44.218434, 43.963779, 43.917594 ] }, { "date": "2025-04-04", "close": 44.674423, "volume": 945658, "typical_volume": 908071.65, "trend": 43.977068, "fair_value": 41.676896, "relative_strength": 13.499383, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 45.958687, "energy": 40.802783, "activity_lines": [ 44.424487, 44.326222, 44.04328, 43.962697 ] }, { "date": "2025-04-11", "close": 43.358799, "volume": 1843077, "typical_volume": 950433.95, "trend": 43.927882, "fair_value": 41.682049, "relative_strength": 4.280111, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": -12.286171, "energy": 10.29265, "activity_lines": [ 44.087245, 44.174061, 43.991847, 43.922809 ] }, { "date": "2025-04-18", "close": 43.76579, "volume": 692898, "typical_volume": 955585.05, "trend": 43.894107, "fair_value": 41.691983, "relative_strength": 6.804872, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 20.323839, "energy": 15.750585, "activity_lines": [ 43.950117, 44.101979, 43.980199, 43.912351 ] }, { "date": "2025-04-25", "close": 44.156702, "volume": 1196761, "typical_volume": 966645.7, "trend": 43.872965, "fair_value": 41.705819, "relative_strength": 3.076732, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 30.398336, "energy": 19.235602, "activity_lines": [ 43.971183, 44.102042, 44.007485, 43.929293 ] }, { "date": "2025-05-02", "close": 44.033173, "volume": 801181, "typical_volume": 968339.15, "trend": 43.86437, "fair_value": 41.722246, "relative_strength": -0.001343, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 23.526028, "energy": 20.404532, "activity_lines": [ 43.965471, 44.075999, 44.02387, 43.939629 ] }, { "date": "2025-05-09", "close": 43.947653, "volume": 1355607, "typical_volume": 985732.6, "trend": 43.860331, "fair_value": 41.737481, "relative_strength": 0.325398, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 25.656434, "energy": 13.531092, "activity_lines": [ 43.948763, 44.034715, 44.030944, 43.945002 ] }, { "date": "2025-05-16", "close": 43.995164, "volume": 1010777, "typical_volume": 1011974.5, "trend": 43.85695, "fair_value": 41.752322, "relative_strength": -4.452474, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 17.354194, "energy": 8.388282, "activity_lines": [ 43.996343, 44.013568, 44.04023, 43.953701 ] }, { "date": "2025-05-23", "close": 43.763847, "volume": 1091268, "typical_volume": 1032358.9, "trend": 43.859546, "fair_value": 41.762713, "relative_strength": -2.357005, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 6.841655, "energy": 6.296607, "activity_lines": [ 43.924393, 43.95637, 44.024432, 43.947694 ] }, { "date": "2025-05-30", "close": 44.12632, "volume": 857061, "typical_volume": 1038192.0, "trend": 43.882278, "fair_value": 41.77769, "relative_strength": -3.119642, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 30.862587, "energy": 12.868257, "activity_lines": [ 43.973397, 43.972718, 44.041383, 43.964906 ] }, { "date": "2025-06-06", "close": 44.002316, "volume": 996949, "typical_volume": 1039121.0, "trend": 43.887249, "fair_value": 41.795964, "relative_strength": -4.804052, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 26.001991, "energy": 10.441751, "activity_lines": [ 43.983092, 43.970999, 44.041241, 43.97265 ] }, { "date": "2025-06-13", "close": 44.269402, "volume": 1095188, "typical_volume": 1055658.5, "trend": 43.913201, "fair_value": 41.820742, "relative_strength": -3.746151, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 38.837552, "energy": 17.655531, "activity_lines": [ 44.083873, 44.023178, 44.063851, 43.997305 ] }, { "date": "2025-06-20", "close": 44.374328, "volume": 642650, "typical_volume": 1045457.2, "trend": 43.939888, "fair_value": 41.844084, "relative_strength": -3.248252, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 54.106398, "energy": 36.534379, "activity_lines": [ 44.198179, 44.101798, 44.092949, 44.027055 ] }, { "date": "2025-06-27", "close": 44.744797, "volume": 1003529, "typical_volume": 1049210.4, "trend": 43.960589, "fair_value": 41.868666, "relative_strength": -5.566406, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 67.03658, "energy": 57.393149, "activity_lines": [ 44.410697, 44.229312, 44.154086, 44.078985 ] }, { "date": "2025-07-04", "close": 44.75437, "volume": 896971, "typical_volume": 997965.1, "trend": 43.974462, "fair_value": 41.895631, "relative_strength": -6.970206, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 68.732767, "energy": 66.826764, "activity_lines": [ 44.561009, 44.340767, 44.211753, 44.130196 ] }, { "date": "2025-07-11", "close": 44.6012, "volume": 1097518, "typical_volume": 1021671.1, "trend": 44.001563, "fair_value": 41.920589, "relative_strength": -6.882321, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 61.42058, "energy": 70.551738, "activity_lines": [ 44.618395, 44.413505, 44.251032, 44.170631 ] }, { "date": "2025-07-18", "close": 44.582054, "volume": 941130, "typical_volume": 1016111.3, "trend": 44.038903, "fair_value": 41.941469, "relative_strength": -7.319512, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 61.650586, "energy": 69.897459, "activity_lines": [ 44.629473, 44.472435, 44.285863, 44.208082 ] }, { "date": "2025-07-25", "close": 44.762789, "volume": 925397, "typical_volume": 1018542.6, "trend": 44.085862, "fair_value": 41.96145, "relative_strength": -8.106258, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.658769, "energy": 70.23596, "activity_lines": [ 44.679953, 44.552691, 44.337898, 44.254785 ] }, { "date": "2025-08-01", "close": 45.118354, "volume": 2901411, "typical_volume": 1112261.85, "trend": 44.143426, "fair_value": 41.984794, "relative_strength": -4.816793, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 81.28043, "energy": 77.594578, "activity_lines": [ 44.823057, 44.683639, 44.421713, 44.321397 ] }, { "date": "2025-08-08", "close": 45.118354, "volume": 1226343, "typical_volume": 1110832.4, "trend": 44.213466, "fair_value": 42.006946, "relative_strength": -6.838354, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 76.393624, "energy": 78.28533, "activity_lines": [ 44.941257, 44.789959, 44.50108, 44.384296 ] }, { "date": "2025-08-15", "close": 45.156793, "volume": 695333, "typical_volume": 1110835.35, "trend": 44.270751, "fair_value": 42.03189, "relative_strength": -7.427853, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 73.41118, "energy": 83.102403, "activity_lines": [ 45.048005, 44.885231, 44.580558, 44.445155 ] }, { "date": "2025-08-22", "close": 45.353425, "volume": 718651, "typical_volume": 1099485.0, "trend": 44.331415, "fair_value": 42.059114, "relative_strength": -7.068187, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 80.1689, "energy": 89.98627, "activity_lines": [ 45.183257, 44.995264, 44.674662, 44.515005 ] }, { "date": "2025-08-29", "close": 45.401684, "volume": 559183, "typical_volume": 1035290.3, "trend": 44.388365, "fair_value": 42.089553, "relative_strength": -6.722289, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 78.47784, "energy": 89.724824, "activity_lines": [ 45.283171, 45.094362, 44.770129, 44.584055 ] }, { "date": "2025-09-05", "close": 45.816708, "volume": 478136, "typical_volume": 1024552.2, "trend": 44.454766, "fair_value": 42.123468, "relative_strength": -5.880686, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 90.464707, "energy": 94.254937, "activity_lines": [ 45.478833, 45.250239, 44.895394, 44.676206 ] }, { "date": "2025-09-12", "close": 46.115911, "volume": 1079051, "typical_volume": 1018666.7, "trend": 44.526757, "fair_value": 42.161881, "relative_strength": -6.477646, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 93.213725, "energy": 96.710437, "activity_lines": [ 45.727672, 45.441028, 45.039388, 44.783377 ] }, { "date": "2025-09-19", "close": 46.067652, "volume": 1010078, "typical_volume": 1029111.55, "trend": 44.594009, "fair_value": 42.204248, "relative_strength": -7.470769, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 82.897184, "energy": 93.184341, "activity_lines": [ 45.893921, 45.598287, 45.169456, 44.882789 ] }, { "date": "2025-09-26", "close": 45.952453, "volume": 1247751, "typical_volume": 1023718.75, "trend": 44.639755, "fair_value": 42.250372, "relative_strength": -7.204595, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.424199, "energy": 88.179865, "activity_lines": [ 45.961047, 45.707938, 45.278866, 44.970431 ] }, { "date": "2025-10-03", "close": 46.15604, "volume": 937615, "typical_volume": 1020060.65, "trend": 44.700772, "fair_value": 42.298182, "relative_strength": -7.602738, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 76.620314, "energy": 90.110643, "activity_lines": [ 46.0561, 45.829689, 45.398117, 45.068256 ] }, { "date": "2025-10-10", "close": 46.146345, "volume": 686991, "typical_volume": 999846.8, "trend": 44.766178, "fair_value": 42.348981, "relative_strength": -5.178203, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 72.211886, "energy": 74.628391, "activity_lines": [ 46.097631, 45.924345, 45.506156, 45.161518 ] }, { "date": "2025-10-17", "close": 46.456573, "volume": 719214, "typical_volume": 992954.45, "trend": 44.835641, "fair_value": 42.404057, "relative_strength": -6.018654, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 85.242216, "energy": 73.280049, "activity_lines": [ 46.220595, 46.056715, 45.632395, 45.270576 ] }, { "date": "2025-10-24", "close": 46.59514, "volume": 608105, "typical_volume": 973512.25, "trend": 44.912285, "fair_value": 42.457063, "relative_strength": -7.347215, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 85.401896, "energy": 73.847788, "activity_lines": [ 46.367037, 46.189948, 45.760734, 45.384092 ] }, { "date": "2025-10-31", "close": 46.293395, "volume": 1375577, "typical_volume": 987531.7, "trend": 44.966251, "fair_value": 42.509556, "relative_strength": -8.379817, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.559197, "energy": 66.815442, "activity_lines": [ 46.377732, 46.242166, 45.847989, 45.473196 ] }, { "date": "2025-11-07", "close": 46.303129, "volume": 646313, "typical_volume": 987714.85, "trend": 45.064395, "fair_value": 42.555824, "relative_strength": -6.720277, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.295707, "energy": 66.27466, "activity_lines": [ 46.368942, 46.279064, 45.926533, 45.559446 ] }, { "date": "2025-11-14", "close": 46.196059, "volume": 1598135, "typical_volume": 1017445.15, "trend": 45.145404, "fair_value": 42.599819, "relative_strength": -6.914177, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.331693, "energy": 62.262853, "activity_lines": [ 46.314657, 46.280105, 45.985695, 45.632457 ] }, { "date": "2025-11-21", "close": 46.351798, "volume": 1357177, "typical_volume": 1040455.45, "trend": 45.218574, "fair_value": 42.641348, "relative_strength": -4.679733, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.801786, "energy": 57.608812, "activity_lines": [ 46.30897, 46.302565, 46.052778, 45.710289 ] }, { "date": "2025-11-28", "close": 46.57023, "volume": 742016, "typical_volume": 1022680.35, "trend": 45.303143, "fair_value": 42.680547, "relative_strength": -7.500415, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 75.996275, "energy": 61.425596, "activity_lines": [ 46.383078, 46.360451, 46.133058, 45.797492 ] }, { "date": "2025-12-05", "close": 46.423629, "volume": 2697669, "typical_volume": 1110507.3, "trend": 45.385675, "fair_value": 42.71941, "relative_strength": -7.953674, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.113083, "energy": 58.642986, "activity_lines": [ 46.40998, 46.382544, 46.19, 45.869782 ] }, { "date": "2025-12-12", "close": 46.325895, "volume": 868054, "typical_volume": 1107640.15, "trend": 45.463366, "fair_value": 42.755287, "relative_strength": -7.487389, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.510472, "energy": 56.127603, "activity_lines": [ 46.395622, 46.3783, 46.228864, 45.930441 ] }, { "date": "2025-12-19", "close": 46.51159, "volume": 1069107, "typical_volume": 1016024.95, "trend": 45.554958, "fair_value": 42.795599, "relative_strength": -7.082047, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 70.001058, "energy": 59.438667, "activity_lines": [ 46.441645, 46.404732, 46.277969, 45.998068 ] }, { "date": "2025-12-26", "close": 46.600579, "volume": 611435, "typical_volume": 985279.55, "trend": 45.637433, "fair_value": 42.838354, "relative_strength": -8.065864, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 73.317746, "energy": 58.197464, "activity_lines": [ 46.496295, 46.440702, 46.328916, 46.065528 ] }, { "date": "2026-01-02", "close": 46.517171, "volume": 505205, "typical_volume": 975773.15, "trend": 45.721262, "fair_value": 42.875451, "relative_strength": -7.123642, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.661461, "energy": 52.902759, "activity_lines": [ 46.506557, 46.458888, 46.364861, 46.122285 ] }, { "date": "2026-01-09", "close": 46.688893, "volume": 1108876, "typical_volume": 995284.4, "trend": 45.801911, "fair_value": 42.910289, "relative_strength": -8.058933, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 74.557034, "energy": 59.155541, "activity_lines": [ 46.577597, 46.509715, 46.410682, 46.184713 ] }, { "date": "2026-01-16", "close": 46.688893, "volume": 796807, "typical_volume": 1007165.6, "trend": 45.879063, "fair_value": 42.944467, "relative_strength": -7.591904, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 70.284395, "energy": 58.720829, "activity_lines": [ 46.630953, 46.55335, 46.450144, 46.241937 ] }, { "date": "2026-01-23", "close": 46.732379, "volume": 916700, "typical_volume": 1029093.8, "trend": 45.945316, "fair_value": 42.977627, "relative_strength": -7.066226, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 71.011557, "energy": 57.544255, "activity_lines": [ 46.674604, 46.597878, 46.487618, 46.29699 ] }, { "date": "2026-01-30", "close": 46.732379, "volume": 776291, "typical_volume": 1013955.8, "trend": 46.01125, "fair_value": 43.010235, "relative_strength": -7.289635, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 69.030904, "energy": 58.909379, "activity_lines": [ 46.703536, 46.632655, 46.520731, 46.347768 ] }, { "date": "2026-02-06", "close": 46.870291, "volume": 932697, "typical_volume": 1010086.75, "trend": 46.086886, "fair_value": 43.047431, "relative_strength": -6.688082, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 76.368522, "energy": 61.543903, "activity_lines": [ 46.769652, 46.685588, 46.564043, 46.40319 ] }, { "date": "2026-02-13", "close": 47.254473, "volume": 1731844, "typical_volume": 1034291.4, "trend": 46.175967, "fair_value": 43.088249, "relative_strength": -4.607792, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 92.035046, "energy": 84.861666, "activity_lines": [ 46.940288, 46.802916, 46.640122, 46.478519 ] }, { "date": "2026-02-20", "close": 47.224921, "volume": 795282, "typical_volume": 1027174.75, "trend": 46.258038, "fair_value": 43.131522, "relative_strength": -5.584853, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 84.762768, "energy": 91.257989, "activity_lines": [ 47.063367, 46.899764, 46.707187, 46.546193 ] }, { "date": "2026-02-27", "close": 47.412206, "volume": 3357190, "typical_volume": 1160684.7, "trend": 46.3345, "fair_value": 43.175109, "relative_strength": -4.563281, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 88.516115, "energy": 94.8253, "activity_lines": [ 47.21314, 47.014318, 46.786998, 46.620655 ] }, { "date": "2026-03-06", "close": 46.907926, "volume": 987309, "typical_volume": 1174089.45, "trend": 46.394152, "fair_value": 43.214188, "relative_strength": -3.459415, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.897417, "energy": 76.70589, "activity_lines": [ 47.149497, 47.020811, 46.812755, 46.657651 ] }, { "date": "2026-03-13", "close": 46.467917, "volume": 1352263, "typical_volume": 1211297.35, "trend": 46.437856, "fair_value": 43.249891, "relative_strength": -2.668061, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 31.594176, "energy": 32.22339, "activity_lines": [ 46.927481, 46.941713, 46.794456, 46.66241 ] }, { "date": "2026-03-20", "close": 46.235553, "volume": 1097068, "typical_volume": 1197371.9, "trend": 46.46726, "fair_value": 43.283426, "relative_strength": -1.161302, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 2.065651, "energy": 14.275278, "activity_lines": [ 46.654836, 46.821263, 46.754634, 46.649358 ] }, { "date": "2026-03-27", "close": 46.116717, "volume": 1301132, "typical_volume": 1230112.85, "trend": 46.491095, "fair_value": 43.316422, "relative_strength": 1.048851, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "mixed", "direction": -37.271806, "energy": 42.349487, "activity_lines": [ 46.410507, 46.687449, 46.703769, 46.626742 ] }, { "date": "2026-04-03", "close": 46.637838, "volume": 800798, "typical_volume": 1190246.0, "trend": 46.518466, "fair_value": 43.350478, "relative_strength": -0.71087, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "mixed", "direction": -19.071923, "energy": 34.601817, "activity_lines": [ 46.413765, 46.658788, 46.703423, 46.63621 ] }, { "date": "2026-04-10", "close": 46.732136, "volume": 1454829, "typical_volume": 1195128.6, "trend": 46.539007, "fair_value": 43.38753, "relative_strength": -3.624454, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -13.695535, "energy": 25.42602, "activity_lines": [ 46.50008, 46.64899, 46.709954, 46.649995 ] }, { "date": "2026-04-17", "close": 47.029919, "volume": 1455638, "typical_volume": 1230809.7, "trend": 46.571082, "fair_value": 43.426991, "relative_strength": -6.751586, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 41.182024, "energy": 17.274521, "activity_lines": [ 46.697376, 46.69334, 46.743034, 46.681666 ] }, { "date": "2026-04-24", "close": 46.713469, "volume": 2741242, "typical_volume": 1232988.35, "trend": 46.596449, "fair_value": 43.462276, "relative_strength": -7.479165, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 30.926217, "energy": 21.044571, "activity_lines": [ 46.751721, 46.67725, 46.743786, 46.690853 ] }, { "date": "2026-05-01", "close": 46.564637, "volume": 915123, "typical_volume": 1235341.8, "trend": 46.610069, "fair_value": 43.497834, "relative_strength": -8.284267, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 24.339969, "energy": 17.597769, "activity_lines": [ 46.724595, 46.643937, 46.728984, 46.6888 ] }, { "date": "2026-05-08", "close": 46.723391, "volume": 1140906, "typical_volume": 1238931.75, "trend": 46.629304, "fair_value": 43.535191, "relative_strength": -9.708669, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 29.709217, "energy": 17.362779, "activity_lines": [ 46.720526, 46.651493, 46.728165, 46.696111 ] }, { "date": "2026-05-15", "close": 46.25705, "volume": 1002431, "typical_volume": 1258481.55, "trend": 46.622653, "fair_value": 43.572516, "relative_strength": -10.495262, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -23.255898, "energy": 22.569902, "activity_lines": [ 46.555305, 46.586784, 46.681924, 46.672095 ] }, { "date": "2026-05-22", "close": 46.424382, "volume": 1211240, "typical_volume": 1293783.3, "trend": 46.616962, "fair_value": 43.612149, "relative_strength": -10.602351, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -24.145511, "energy": 29.645509, "activity_lines": [ 46.477535, 46.564333, 46.653255, 46.659303 ] }, { "date": "2026-05-29", "close": 46.733147, "volume": 778041, "typical_volume": 1277241.55, "trend": 46.63162, "fair_value": 43.651241, "relative_strength": -10.954334, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -14.252467, "energy": 15.464773, "activity_lines": [ 46.543055, 46.598813, 46.654433, 46.666799 ] }, { "date": "2026-06-05", "close": 46.509044, "volume": 975092, "typical_volume": 1286155.8, "trend": 46.638484, "fair_value": 43.689232, "relative_strength": -8.823127, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -21.386988, "energy": 21.767496, "activity_lines": [ 46.532563, 46.583499, 46.634058, 46.658891 ] }, { "date": "2026-06-12", "close": 46.733147, "volume": 2262395, "typical_volume": 1353440.55, "trend": 46.656387, "fair_value": 43.727876, "relative_strength": -8.597573, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -8.364308, "energy": 4.493361, "activity_lines": [ 46.600478, 46.601798, 46.635883, 46.664998 ] }, { "date": "2026-06-19", "close": 46.596796, "volume": 970788, "typical_volume": 1363165.4, "trend": 46.664553, "fair_value": 43.765369, "relative_strength": -9.373204, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -28.593452, "energy": 14.566255, "activity_lines": [ 46.622292, 46.593573, 46.624718, 46.661154 ] }, { "date": "2026-06-26", "close": 46.788083, "volume": 1075468, "typical_volume": 1370303.95, "trend": 46.671815, "fair_value": 43.804313, "relative_strength": -6.540387, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 0.602109, "energy": 4.714523, "activity_lines": [ 46.685218, 46.622589, 46.632417, 46.669123 ] }, { "date": "2026-07-03", "close": 46.623757, "volume": 676461, "typical_volume": 1317534.8, "trend": 46.678486, "fair_value": 43.845742, "relative_strength": -8.593314, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -14.793589, "energy": 10.12428, "activity_lines": [ 46.669123, 46.626124, 46.624857, 46.666023 ] }, { "date": "2026-07-10", "close": 46.389717, "volume": 1226700, "typical_volume": 1339105.7, "trend": 46.680613, "fair_value": 43.88157, "relative_strength": -10.002802, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -52.995162, "energy": 23.349718, "activity_lines": [ 46.582307, 46.588737, 46.598011, 46.647393 ] }, { "date": "2026-07-17", "close": 46.434533, "volume": 799290, "typical_volume": 1211210.7, "trend": 46.678045, "fair_value": 43.91718, "relative_strength": -8.26107, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -49.060248, "energy": 31.459284, "activity_lines": [ 46.518384, 46.562679, 46.57941, 46.631516 ] }, { "date": "2026-07-24", "close": 46.08, "volume": 913035, "typical_volume": 1207497.0, "trend": 46.660692, "fair_value": 43.951037, "relative_strength": -8.19941, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -70.993084, "energy": 60.742174, "activity_lines": [ 46.356192, 46.477413, 46.531699, 46.592933 ] }, { "date": "2026-07-31", "close": 46.05, "volume": 1166774, "typical_volume": 1198222.55, "trend": 46.64512, "fair_value": 43.986449, "relative_strength": -8.951616, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -70.624415, "energy": 69.803334, "activity_lines": [ 46.218453, 46.389911, 46.485075, 46.553533 ] }, { "date": "2026-08-07", "close": 46.32, "volume": 913445, "typical_volume": 1189041.4, "trend": 46.632823, "fair_value": 44.02534, "relative_strength": -11.229621, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -59.572681, "energy": 63.162654, "activity_lines": [ 46.219919, 46.358307, 46.466154, 46.532558 ] } ], "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." } } }