{ "ticker": { "uuid": "b881140e-cdd0-4b22-accd-2ccb81f6e20f", "symbol": "PSI", "name": "INVESCO EXCHANGE TRADED FD TR SEMICONDUCTORS 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": "deceleration", "architecture_regime_label": "Deceleration", "architecture_modifier": "Recompressing", "architecture_gate": "up", "architecture_direction": 24.026, "architecture_energy": 21.134, "architecture_maturity": 74.682, "architecture_confidence": 93.312, "architecture_tenure": "New", "architecture": { "interpretation": { "headline": "The upward structure remains, but its energy is decelerating.", "body": "Trend remains positive, but Activity or price acceptance is losing strength. This can become a healthy recompression, a re-acceleration, or a Rotation Down." }, "scores": { "balance": 53.35, "rotation_up": 18.11, "upward_expansion": 51.85, "deceleration": 93.95, "rotation_down": 36.7, "downward_expansion": 20.19 }, "activity_lines": [ 144.539333, 151.049459, 150.353032, 140.455984 ], "activity_state": "Compressed", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": -0.166667 }, "latest_close": 148.42, "trend_reference": 126.743248, "distance_from_trend": 0.171029, "trend_direction": "Improving", "fair_value": 70.232945, "distance_from_fair_value": 1.113253, "fair_value_direction": "Weakening", "relative_strength": 28.876662, "relative_strength_direction": "Weakening", "price_momentum": 0.511455, "excess_performance": 0.38583, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.171029, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.249365, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 1.113253, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.373354, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.288767, "read": "Leading" }, { "label": "Relative strength direction", "positive": false, "value": -0.41824, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.511455, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 1.070269, "read": "Demand-led" } ], "volume": { "latest": 2662490, "relative_activity": 1.319871, "balance": 1.070269, "dry_up": 1.131309, "accumulation_observations": 4, "distribution_observations": 3 }, "risk": { "range_context": 0.136435, "annualized_volatility": 0.489792, "from_high_reference": -0.215705, "from_low_reference": 1.532984 }, "levels": { "trend_reference": 126.743248, "fair_value_reference": 70.232945, "structural_low": 86.927127, "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 8, "median_return": 0.018506, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": 0.001668, "regime_survival": 0.375, "best_return": 0.446713, "worst_return": -0.075278, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 5, "median_return": 0.003077, "positive_rate": 0.6, "directional_follow_through": 0.6, "median_excess_return": -0.035462, "regime_survival": 0.0, "best_return": 0.804313, "worst_return": -0.074101, "sufficient": true }, { "horizon": "Extended", "sample_count": 3, "median_return": 0.046576, "positive_rate": 1.0, "directional_follow_through": 1.0, "median_excess_return": -0.007964, "regime_survival": 0.0, "best_return": 0.201387, "worst_return": 0.009508, "sufficient": false }, { "horizon": "Full cycle", "sample_count": 3, "median_return": 0.214204, "positive_rate": 1.0, "directional_follow_through": 1.0, "median_excess_return": 0.038288, "regime_survival": 0.333333, "best_return": 0.333913, "worst_return": 0.074019, "sufficient": false } ], "ledger": [ { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2024-08-02", "end": "2024-08-09", "tenure": "New", "return": 0.050676, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-08-16", "end": "2024-09-20", "tenure": "Developing", "return": -0.046063, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-09-27", "end": "2025-01-03", "tenure": "Established", "return": 0.040749, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-01-10", "end": "2025-01-17", "tenure": "New", "return": 0.060313, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-01-24", "end": "2025-02-21", "tenure": "Developing", "return": -0.064588, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-02-28", "end": "2025-03-07", "tenure": "New", "return": -0.032513, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-03-14", "end": "2025-03-28", "tenure": "New", "return": -0.081398, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-04-04", "end": "2025-06-06", "tenure": "Developing", "return": 0.363041, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-06-13", "end": "2025-06-20", "tenure": "New", "return": 0.027798, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-06-27", "end": "2025-08-01", "tenure": "Developing", "return": -0.020347, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-08-08", "end": "2026-03-20", "tenure": "Extended", "return": 0.566634, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-03-27", "end": "2026-04-10", "tenure": "New", "return": 0.184851, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-04-17", "end": "2026-07-17", "tenure": "Established", "return": 0.193102, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-07-24", "end": "2026-08-07", "tenure": "New", "return": 0.025071, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 43.003555, "volume": 165873, "typical_volume": 198471.3, "trend": 41.119623, "fair_value": 38.363338, "relative_strength": 5.407879, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 43.832748, "energy": 30.415455, "activity_lines": [ 44.499071, 44.840069, 43.584132, 42.434166 ] }, { "date": "2023-08-25", "close": 43.690577, "volume": 277653, "typical_volume": 204920.45, "trend": 41.301771, "fair_value": 38.47267, "relative_strength": 6.009859, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 36.337761, "energy": 22.636825, "activity_lines": [ 44.0311, 44.647458, 43.739753, 42.600034 ] }, { "date": "2023-09-01", "close": 46.677626, "volume": 423467, "typical_volume": 221146.6, "trend": 41.522486, "fair_value": 38.609646, "relative_strength": 10.007588, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 52.903174, "energy": 26.107471, "activity_lines": [ 44.680286, 45.004878, 44.155633, 42.946863 ] }, { "date": "2023-09-08", "close": 44.068936, "volume": 239536, "typical_volume": 224365.2, "trend": 41.688234, "fair_value": 38.740544, "relative_strength": 4.878279, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 35.378184, "energy": 19.574625, "activity_lines": [ 44.517657, 44.813768, 44.285136, 43.11115 ] }, { "date": "2023-09-15", "close": 42.724764, "volume": 203589, "typical_volume": 227579.55, "trend": 41.80182, "fair_value": 38.858219, "relative_strength": 1.569133, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 26.863846, "energy": 15.229346, "activity_lines": [ 44.021143, 44.40246, 44.258844, 43.178023 ] }, { "date": "2023-09-22", "close": 41.653176, "volume": 224420, "typical_volume": 230936.15, "trend": 41.910766, "fair_value": 38.967908, "relative_strength": 1.742268, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 1.37271, "energy": 5.831483, "activity_lines": [ 43.227838, 43.817801, 44.102612, 43.168433 ] }, { "date": "2023-09-29", "close": 42.639462, "volume": 213183, "typical_volume": 213748.8, "trend": 42.009857, "fair_value": 39.078972, "relative_strength": 4.546558, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 5.510326, "energy": 15.499237, "activity_lines": [ 42.85332, 43.492475, 44.018329, 43.215446 ] }, { "date": "2023-10-06", "close": 42.579687, "volume": 186271, "typical_volume": 213819.7, "trend": 42.160511, "fair_value": 39.174707, "relative_strength": 3.635186, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 4.924331, "energy": 17.878014, "activity_lines": [ 42.528952, 43.208522, 43.90051, 43.252209 ] }, { "date": "2023-10-13", "close": 42.161263, "volume": 254333, "typical_volume": 218373.75, "trend": 42.261346, "fair_value": 39.269246, "relative_strength": 1.796102, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": -0.361304, "energy": 20.144664, "activity_lines": [ 42.338304, 42.938749, 43.728591, 43.252258 ] }, { "date": "2023-10-20", "close": 39.79019, "volume": 227126, "typical_volume": 223053.9, "trend": 42.268991, "fair_value": 39.350089, "relative_strength": -1.795488, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -36.485398, "energy": 45.549353, "activity_lines": [ 41.484478, 42.303695, 43.33347, 43.092828 ] }, { "date": "2023-10-27", "close": 38.574766, "volume": 296347, "typical_volume": 231662.7, "trend": 42.189721, "fair_value": 39.428382, "relative_strength": -2.584048, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -51.246742, "energy": 60.144131, "activity_lines": [ 40.421148, 41.517484, 42.834618, 42.854491 ] }, { "date": "2023-11-03", "close": 40.328164, "volume": 263760, "typical_volume": 238415.2, "trend": 42.247192, "fair_value": 39.493077, "relative_strength": -3.931025, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -33.342815, "energy": 53.70592, "activity_lines": [ 40.147511, 41.130597, 42.52273, 42.734391 ] }, { "date": "2023-11-10", "close": 41.9122, "volume": 329836, "typical_volume": 248000.35, "trend": 42.353856, "fair_value": 39.567823, "relative_strength": -1.559182, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -30.638502, "energy": 46.240193, "activity_lines": [ 40.555973, 41.092851, 42.379529, 42.712778 ] }, { "date": "2023-11-17", "close": 43.645674, "volume": 265636, "typical_volume": 256270.6, "trend": 42.534203, "fair_value": 39.649255, "relative_strength": 0.093268, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -4.57127, "energy": 12.703298, "activity_lines": [ 41.586759, 41.456926, 42.404674, 42.796121 ] }, { "date": "2023-11-24", "close": 43.824999, "volume": 109258, "typical_volume": 257835.1, "trend": 42.766056, "fair_value": 39.725651, "relative_strength": -0.598226, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 9.596744, "energy": 14.296842, "activity_lines": [ 42.578359, 41.861301, 42.455251, 42.879399 ] }, { "date": "2023-12-01", "close": 43.705449, "volume": 174424, "typical_volume": 261379.05, "trend": 42.988353, "fair_value": 39.787671, "relative_strength": -1.795009, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 5.49332, "energy": 19.998441, "activity_lines": [ 43.261122, 42.223936, 42.494829, 42.940005 ] }, { "date": "2023-12-08", "close": 44.02654, "volume": 245516, "typical_volume": 251453.9, "trend": 43.229493, "fair_value": 39.858345, "relative_strength": -1.384603, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 19.930266, "energy": 27.868059, "activity_lines": [ 43.708869, 42.607637, 42.576169, 43.006984 ] }, { "date": "2023-12-15", "close": 48.328045, "volume": 324088, "typical_volume": 253344.6, "trend": 43.520849, "fair_value": 39.950002, "relative_strength": 5.474185, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 48.323583, "energy": 59.281165, "activity_lines": [ 45.343894, 43.74821, 43.074253, 43.335923 ] }, { "date": "2023-12-22", "close": 49.028551, "volume": 355085, "typical_volume": 252309.2, "trend": 43.731457, "fair_value": 40.047056, "relative_strength": 5.706665, "stage": 2, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 49.9157, "energy": 70.148159, "activity_lines": [ 46.784697, 44.911632, 43.635318, 43.691259 ] }, { "date": "2023-12-29", "close": 49.367641, "volume": 245696, "typical_volume": 251254.85, "trend": 43.966541, "fair_value": 40.142581, "relative_strength": 5.735143, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 82.230054, "energy": 87.360995, "activity_lines": [ 47.979672, 46.011847, 44.213215, 44.054884 ] }, { "date": "2024-01-05", "close": 45.84708, "volume": 363817, "typical_volume": 261152.05, "trend": 44.069137, "fair_value": 40.200231, "relative_strength": -0.393576, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.817848, "energy": 77.303016, "activity_lines": [ 47.631616, 46.297825, 44.428502, 44.176209 ] }, { "date": "2024-01-12", "close": 46.924192, "volume": 271406, "typical_volume": 260839.7, "trend": 44.164219, "fair_value": 40.257396, "relative_strength": -0.019933, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.050309, "energy": 66.547728, "activity_lines": [ 47.499823, 46.647417, 44.732831, 44.360406 ] }, { "date": "2024-01-19", "close": 50.429794, "volume": 234187, "typical_volume": 251375.7, "trend": 44.425368, "fair_value": 40.326968, "relative_strength": 5.941388, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 80.985529, "energy": 64.305921, "activity_lines": [ 48.343387, 47.514464, 45.355628, 44.764637 ] }, { "date": "2024-01-26", "close": 50.075743, "volume": 311885, "typical_volume": 254993.15, "trend": 44.581231, "fair_value": 40.418126, "relative_strength": 3.979527, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 72.633974, "energy": 54.793676, "activity_lines": [ 48.928818, 48.162272, 45.926839, 45.129177 ] }, { "date": "2024-02-02", "close": 49.876278, "volume": 280650, "typical_volume": 258846.2, "trend": 44.78023, "fair_value": 40.49613, "relative_strength": 2.066453, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 68.509265, "energy": 65.580587, "activity_lines": [ 49.377947, 48.656904, 46.45045, 45.470793 ] }, { "date": "2024-02-09", "close": 52.479299, "volume": 290546, "typical_volume": 262152.5, "trend": 44.994418, "fair_value": 40.564986, "relative_strength": 5.772701, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 81.152706, "energy": 83.581302, "activity_lines": [ 50.660841, 49.514789, 47.187912, 45.967507 ] }, { "date": "2024-02-16", "close": 52.908149, "volume": 282415, "typical_volume": 265614.1, "trend": 45.240934, "fair_value": 40.639054, "relative_strength": 6.833855, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 78.179764, "energy": 84.351302, "activity_lines": [ 51.644537, 50.291122, 47.914664, 46.47807 ] }, { "date": "2024-02-23", "close": 52.489272, "volume": 335626, "typical_volume": 273081.85, "trend": 45.405781, "fair_value": 40.72568, "relative_strength": 4.145781, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 70.914181, "energy": 76.737123, "activity_lines": [ 52.089677, 50.829812, 48.552625, 46.945705 ] }, { "date": "2024-03-01", "close": 56.448657, "volume": 257255, "typical_volume": 273227.95, "trend": 45.761352, "fair_value": 40.85072, "relative_strength": 10.686131, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 87.585316, "energy": 86.729596, "activity_lines": [ 53.717313, 52.012732, 49.520481, 47.658149 ] }, { "date": "2024-03-08", "close": 55.850261, "volume": 606884, "typical_volume": 292215.85, "trend": 46.168666, "fair_value": 40.964745, "relative_strength": 9.563744, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 76.679631, "energy": 75.490599, "activity_lines": [ 54.720623, 52.951941, 50.363312, 48.309046 ] }, { "date": "2024-03-15", "close": 53.157481, "volume": 386639, "typical_volume": 296730.45, "trend": 46.507131, "fair_value": 41.057984, "relative_strength": 4.292168, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.838512, "energy": 61.095476, "activity_lines": [ 54.428074, 53.283688, 50.873212, 48.759937 ] }, { "date": "2024-03-22", "close": 56.129512, "volume": 566508, "typical_volume": 311867.85, "trend": 46.921762, "fair_value": 41.16638, "relative_strength": 7.588959, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 73.613559, "energy": 62.481545, "activity_lines": [ 55.08099, 54.022888, 51.59672, 49.380736 ] }, { "date": "2024-03-29", "close": 56.279111, "volume": 229331, "typical_volume": 306842.6, "trend": 47.241811, "fair_value": 41.261477, "relative_strength": 7.366227, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 69.881237, "energy": 58.486353, "activity_lines": [ 55.569015, 54.621918, 52.259232, 49.984436 ] }, { "date": "2024-04-05", "close": 56.099592, "volume": 365348, "typical_volume": 311828.2, "trend": 47.642833, "fair_value": 41.35376, "relative_strength": 7.723351, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.305735, "energy": 54.839038, "activity_lines": [ 55.744544, 55.081957, 52.836232, 50.555906 ] }, { "date": "2024-04-12", "close": 55.062373, "volume": 306042, "typical_volume": 321667.4, "trend": 48.054087, "fair_value": 41.442111, "relative_strength": 7.043097, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.468279, "energy": 50.893555, "activity_lines": [ 55.597605, 55.243887, 53.255145, 51.034586 ] }, { "date": "2024-04-19", "close": 49.966037, "volume": 323835, "typical_volume": 329137.95, "trend": 48.331182, "fair_value": 41.498488, "relative_strength": 0.08361, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 32.772533, "energy": 25.834052, "activity_lines": [ 53.804412, 54.384917, 53.135182, 51.157937 ] }, { "date": "2024-04-26", "close": 54.434058, "volume": 217304, "typical_volume": 327727.35, "trend": 48.724335, "fair_value": 41.592372, "relative_strength": 5.876337, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 39.520204, "energy": 22.587887, "activity_lines": [ 53.713323, 54.38401, 53.410932, 51.551671 ] }, { "date": "2024-05-03", "close": 54.633523, "volume": 448690, "typical_volume": 333957.45, "trend": 49.12613, "fair_value": 41.690419, "relative_strength": 5.31842, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 38.462938, "energy": 20.58043, "activity_lines": [ 53.801753, 54.391626, 53.65612, 51.932909 ] }, { "date": "2024-05-10", "close": 55.959967, "volume": 203794, "typical_volume": 326392.9, "trend": 49.586087, "fair_value": 41.809353, "relative_strength": 5.562339, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 47.226613, "energy": 22.937765, "activity_lines": [ 54.442037, 54.601427, 53.997609, 52.373802 ] }, { "date": "2024-05-17", "close": 57.485876, "volume": 253782, "typical_volume": 326797.2, "trend": 50.175943, "fair_value": 41.929813, "relative_strength": 6.423298, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 66.23894, "energy": 41.852378, "activity_lines": [ 55.600265, 55.097552, 54.451416, 52.883466 ] }, { "date": "2024-05-24", "close": 59.560314, "volume": 269069, "typical_volume": 322059.8, "trend": 50.875461, "fair_value": 42.049966, "relative_strength": 10.072217, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 74.450738, "energy": 64.334338, "activity_lines": [ 57.288405, 55.941108, 55.064131, 53.488909 ] }, { "date": "2024-05-31", "close": 58.662721, "volume": 298726, "typical_volume": 323425.8, "trend": 51.486613, "fair_value": 42.162638, "relative_strength": 8.615952, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 68.118081, "energy": 69.687098, "activity_lines": [ 58.03773, 56.505051, 55.526059, 53.991313 ] }, { "date": "2024-06-07", "close": 59.6401, "volume": 398613, "typical_volume": 331647.1, "trend": 52.077543, "fair_value": 42.28206, "relative_strength": 8.832896, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 70.545986, "energy": 73.92858, "activity_lines": [ 58.830936, 57.200641, 56.025173, 54.517344 ] }, { "date": "2024-06-14", "close": 62.492453, "volume": 280624, "typical_volume": 330084.05, "trend": 52.705769, "fair_value": 42.428969, "relative_strength": 11.906707, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 80.673279, "energy": 80.066171, "activity_lines": [ 60.241155, 58.353731, 56.752081, 55.189274 ] }, { "date": "2024-06-21", "close": 62.083549, "volume": 300992, "typical_volume": 331101.15, "trend": 53.314387, "fair_value": 42.563312, "relative_strength": 10.170676, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 73.282438, "energy": 75.016485, "activity_lines": [ 61.079574, 59.316241, 57.380919, 55.794292 ] }, { "date": "2024-06-28", "close": 62.691044, "volume": 306874, "typical_volume": 331917.55, "trend": 53.94724, "fair_value": 42.699863, "relative_strength": 11.074021, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 72.294931, "energy": 71.992788, "activity_lines": [ 61.81398, 60.261547, 58.009484, 56.399238 ] }, { "date": "2024-07-05", "close": 64.437729, "volume": 307682, "typical_volume": 333180.9, "trend": 54.627613, "fair_value": 42.852374, "relative_strength": 11.720276, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 76.813011, "energy": 74.787568, "activity_lines": [ 62.921898, 61.293069, 58.755772, 57.076043 ] }, { "date": "2024-07-12", "close": 65.355987, "volume": 420926, "typical_volume": 337445.9, "trend": 55.195211, "fair_value": 43.022403, "relative_strength": 11.965525, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 75.983038, "energy": 71.58387, "activity_lines": [ 63.950902, 62.309662, 59.534611, 57.768196 ] }, { "date": "2024-07-19", "close": 59.018013, "volume": 697940, "typical_volume": 359480.15, "trend": 55.528194, "fair_value": 43.139919, "relative_strength": 3.030086, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 61.705658, "energy": 47.704592, "activity_lines": [ 62.486189, 61.978941, 59.648563, 58.014829 ] }, { "date": "2024-07-26", "close": 56.772274, "volume": 394343, "typical_volume": 348853.1, "trend": 55.775015, "fair_value": 43.234399, "relative_strength": -0.039267, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 33.825622, "energy": 24.647331, "activity_lines": [ 60.504526, 61.184304, 59.5364, 58.095092 ] }, { "date": "2024-08-02", "close": 50.224698, "volume": 963900, "typical_volume": 377716.15, "trend": 55.920935, "fair_value": 43.279848, "relative_strength": -9.491668, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "up", "direction": -4.602497, "energy": 19.562969, "activity_lines": [ 56.694422, 59.212173, 58.796267, 57.737007 ] }, { "date": "2024-08-09", "close": 52.769869, "volume": 1184255, "typical_volume": 408603.5, "trend": 56.115791, "fair_value": 43.350884, "relative_strength": -4.91635, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -26.354391, "energy": 35.940742, "activity_lines": [ 54.563798, 57.872539, 58.312498, 57.533713 ] }, { "date": "2024-08-16", "close": 57.421043, "volume": 410584, "typical_volume": 417666.15, "trend": 56.348833, "fair_value": 43.459786, "relative_strength": -0.582751, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -17.7589, "energy": 30.726444, "activity_lines": [ 54.761423, 57.485716, 58.287696, 57.617922 ] }, { "date": "2024-08-23", "close": 58.279415, "volume": 474607, "typical_volume": 423129.1, "trend": 56.622288, "fair_value": 43.556825, "relative_strength": -0.554912, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -16.389363, "energy": 24.92454, "activity_lines": [ 55.774168, 57.295306, 58.339206, 57.742476 ] }, { "date": "2024-08-30", "close": 57.540816, "volume": 350594, "typical_volume": 425356.7, "trend": 56.877773, "fair_value": 43.647128, "relative_strength": -2.034088, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -10.742729, "energy": 11.389875, "activity_lines": [ 56.589954, 57.047207, 58.309993, 57.801736 ] }, { "date": "2024-09-06", "close": 50.683827, "volume": 589556, "typical_volume": 438642.75, "trend": 56.817924, "fair_value": 43.694572, "relative_strength": -9.876108, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -31.642005, "energy": 19.577324, "activity_lines": [ 55.06884, 55.634978, 57.615931, 57.402126 ] }, { "date": "2024-09-13", "close": 54.556479, "volume": 452651, "typical_volume": 450410.1, "trend": 56.872868, "fair_value": 43.76292, "relative_strength": -6.721857, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -15.539745, "energy": 15.511346, "activity_lines": [ 54.808002, 55.14518, 57.287276, 57.256227 ] }, { "date": "2024-09-20", "close": 54.776062, "volume": 418411, "typical_volume": 448896.15, "trend": 56.949095, "fair_value": 43.826948, "relative_strength": -7.629714, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -23.667101, "energy": 21.716247, "activity_lines": [ 54.50125, 54.874965, 56.97895, 57.120949 ] }, { "date": "2024-09-27", "close": 57.807917, "volume": 1670637, "typical_volume": 522238.3, "trend": 56.994403, "fair_value": 43.927594, "relative_strength": -3.067329, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -7.64741, "energy": 13.423279, "activity_lines": [ 55.381449, 55.348359, 56.958693, 57.176357 ] }, { "date": "2024-10-04", "close": 57.119133, "volume": 459534, "typical_volume": 532525.9, "trend": 57.036699, "fair_value": 44.029201, "relative_strength": -4.460874, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -5.359738, "energy": 4.711846, "activity_lines": [ 56.063487, 55.718522, 56.864038, 57.184404 ] }, { "date": "2024-10-11", "close": 59.015784, "volume": 310732, "typical_volume": 534609.05, "trend": 57.231976, "fair_value": 44.139614, "relative_strength": -2.462746, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 9.739947, "energy": 10.740478, "activity_lines": [ 57.405854, 56.427223, 56.951763, 57.312087 ] }, { "date": "2024-10-18", "close": 56.919486, "volume": 425472, "typical_volume": 540946.35, "trend": 57.258308, "fair_value": 44.228388, "relative_strength": -6.761308, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 4.93526, "energy": 11.172947, "activity_lines": [ 57.493991, 56.594942, 56.842434, 57.291926 ] }, { "date": "2024-10-25", "close": 56.969398, "volume": 272654, "typical_volume": 534648.4, "trend": 57.281318, "fair_value": 44.307129, "relative_strength": -5.840286, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -3.29796, "energy": 8.505611, "activity_lines": [ 57.441231, 56.696288, 56.746159, 57.273287 ] }, { "date": "2024-11-01", "close": 54.543681, "volume": 304703, "typical_volume": 535852.35, "trend": 57.229454, "fair_value": 44.342574, "relative_strength": -8.611533, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -37.686239, "energy": 15.804442, "activity_lines": [ 56.433677, 56.364806, 56.431581, 57.096665 ] }, { "date": "2024-11-08", "close": 58.666401, "volume": 300895, "typical_volume": 535847.5, "trend": 57.349588, "fair_value": 44.401601, "relative_strength": -6.193889, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -7.665256, "energy": 5.160271, "activity_lines": [ 57.017979, 56.850832, 56.547494, 57.189371 ] }, { "date": "2024-11-15", "close": 53.166114, "volume": 338552, "typical_volume": 537431.4, "trend": 57.456258, "fair_value": 44.419086, "relative_strength": -13.065453, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -47.20515, "energy": 31.202883, "activity_lines": [ 55.6657, 56.31634, 56.155843, 56.91947 ] }, { "date": "2024-11-22", "close": 56.300579, "volume": 327663, "typical_volume": 538430.45, "trend": 57.518475, "fair_value": 44.470305, "relative_strength": -9.398557, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -33.34434, "energy": 24.849742, "activity_lines": [ 55.748221, 56.306619, 56.108069, 56.84491 ] }, { "date": "2024-11-29", "close": 56.719839, "volume": 205852, "typical_volume": 527676.75, "trend": 57.588019, "fair_value": 44.523558, "relative_strength": -9.75112, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -30.644528, "energy": 15.084941, "activity_lines": [ 56.011756, 56.341416, 56.138973, 56.793385 ] }, { "date": "2024-12-06", "close": 58.53663, "volume": 282542, "typical_volume": 506906.85, "trend": 57.673908, "fair_value": 44.581247, "relative_strength": -7.65519, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -7.389396, "energy": 5.527717, "activity_lines": [ 56.897525, 56.671197, 56.384029, 56.854586 ] }, { "date": "2024-12-13", "close": 59.724533, "volume": 220206, "typical_volume": 498200.0, "trend": 57.74853, "fair_value": 44.661541, "relative_strength": -5.130629, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 21.695719, "energy": 18.374941, "activity_lines": [ 57.913065, 57.203711, 56.744511, 56.986884 ] }, { "date": "2024-12-20", "close": 57.847847, "volume": 298209, "typical_volume": 464915.45, "trend": 57.691447, "fair_value": 44.716, "relative_strength": -6.272452, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 9.617597, "energy": 18.666666, "activity_lines": [ 58.232501, 57.347639, 56.912202, 56.993292 ] }, { "date": "2024-12-27", "close": 59.364532, "volume": 130871, "typical_volume": 412246.25, "trend": 57.714841, "fair_value": 44.772758, "relative_strength": -4.343456, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 28.078499, "energy": 35.516333, "activity_lines": [ 58.745383, 57.788563, 57.18804, 57.101232 ] }, { "date": "2025-01-03", "close": 60.163516, "volume": 139892, "typical_volume": 398711.65, "trend": 57.732288, "fair_value": 44.856804, "relative_strength": -2.597978, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 32.455156, "energy": 42.916029, "activity_lines": [ 59.32033, 58.330301, 57.508567, 57.259212 ] }, { "date": "2025-01-10", "close": 59.943796, "volume": 261589, "typical_volume": 388060.75, "trend": 57.647333, "fair_value": 44.93303, "relative_strength": -1.10275, "stage": 3, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 29.864828, "energy": 36.229916, "activity_lines": [ 59.592458, 58.774016, 57.79511, 57.401889 ] }, { "date": "2025-01-17", "close": 63.5592, "volume": 325652, "typical_volume": 386813.65, "trend": 57.696521, "fair_value": 45.071471, "relative_strength": 1.853984, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 73.760104, "energy": 62.875086, "activity_lines": [ 60.97591, 59.776892, 58.418051, 57.7833 ] }, { "date": "2025-01-24", "close": 63.089796, "volume": 298694, "typical_volume": 372270.55, "trend": 57.709813, "fair_value": 45.215781, "relative_strength": -0.620836, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.570843, "energy": 64.533022, "activity_lines": [ 61.947249, 60.605463, 58.967628, 58.131253 ] }, { "date": "2025-01-31", "close": 59.724075, "volume": 413476, "typical_volume": 370311.8, "trend": 57.552691, "fair_value": 45.325335, "relative_strength": -4.909544, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 57.574032, "energy": 47.948087, "activity_lines": [ 61.447218, 60.641653, 59.137584, 58.261206 ] }, { "date": "2025-02-07", "close": 59.22471, "volume": 333855, "typical_volume": 366084.0, "trend": 57.348315, "fair_value": 45.437066, "relative_strength": -5.409642, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 53.67729, "energy": 34.043025, "activity_lines": [ 60.756762, 60.524805, 59.235374, 58.369078 ] }, { "date": "2025-02-14", "close": 59.164786, "volume": 208239, "typical_volume": 292964.1, "trend": 57.353208, "fair_value": 45.545502, "relative_strength": -6.71313, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 38.494331, "energy": 20.70899, "activity_lines": [ 60.108919, 60.351518, 59.306273, 58.48627 ] }, { "date": "2025-02-21", "close": 59.014976, "volume": 172343, "typical_volume": 278604.55, "trend": 57.427965, "fair_value": 45.647241, "relative_strength": -5.32508, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 31.609304, "energy": 19.239007, "activity_lines": [ 59.463073, 60.139572, 59.356443, 58.59348 ] }, { "date": "2025-02-28", "close": 54.37088, "volume": 260812, "typical_volume": 276108.55, "trend": 57.566171, "fair_value": 45.738235, "relative_strength": -11.603034, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 2.952093, "energy": 14.6596, "activity_lines": [ 57.572144, 59.096146, 58.95529, 58.396249 ] }, { "date": "2025-03-07", "close": 52.603128, "volume": 306592, "typical_volume": 270164.55, "trend": 57.560613, "fair_value": 45.823295, "relative_strength": -11.449593, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -32.740497, "energy": 35.447922, "activity_lines": [ 55.673225, 57.794528, 58.407898, 58.076053 ] }, { "date": "2025-03-14", "close": 51.844093, "volume": 398424, "typical_volume": 276453.05, "trend": 57.374714, "fair_value": 45.875292, "relative_strength": -10.474833, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -34.161517, "energy": 52.873046, "activity_lines": [ 53.996024, 56.477838, 57.808772, 57.707245 ] }, { "date": "2025-03-21", "close": 51.045108, "volume": 145024, "typical_volume": 268469.1, "trend": 57.133571, "fair_value": 45.918761, "relative_strength": -11.996876, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -44.789588, "energy": 66.138724, "activity_lines": [ 52.544535, 55.167141, 57.157958, 57.298883 ] }, { "date": "2025-03-28", "close": 47.624101, "volume": 266166, "typical_volume": 266732.65, "trend": 56.803014, "fair_value": 45.956007, "relative_strength": -16.301502, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -80.736297, "energy": 82.61583, "activity_lines": [ 50.494023, 53.396236, 56.197993, 56.685369 ] }, { "date": "2025-04-04", "close": 39.673434, "volume": 476276, "typical_volume": 273618.85, "trend": 56.436, "fair_value": 45.96706, "relative_strength": -22.872561, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -92.863224, "energy": 91.673503, "activity_lines": [ 46.552681, 50.469485, 54.533405, 55.580235 ] }, { "date": "2025-04-11", "close": 43.219272, "volume": 963180, "typical_volume": 305394.7, "trend": 56.058094, "fair_value": 46.008116, "relative_strength": -20.063205, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -75.31778, "energy": 85.453702, "activity_lines": [ 44.773114, 48.613184, 53.270766, 54.727543 ] }, { "date": "2025-04-18", "close": 41.990714, "volume": 241545, "typical_volume": 307179.35, "trend": 55.631915, "fair_value": 46.044082, "relative_strength": -20.887678, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -74.469721, "energy": 87.128063, "activity_lines": [ 43.209618, 46.833596, 51.953414, 53.81997 ] }, { "date": "2025-04-25", "close": 46.655239, "volume": 409611, "typical_volume": 313532.8, "trend": 55.260159, "fair_value": 46.112398, "relative_strength": -15.585383, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.199028, "energy": 71.45089, "activity_lines": [ 43.857856, 46.215449, 51.150441, 53.24083 ] }, { "date": "2025-05-02", "close": 48.173457, "volume": 239337, "typical_volume": 314489.35, "trend": 54.96197, "fair_value": 46.184577, "relative_strength": -14.939212, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.753838, "energy": 50.737929, "activity_lines": [ 45.304824, 46.100787, 50.548638, 52.783623 ] }, { "date": "2025-05-09", "close": 49.112355, "volume": 624030, "typical_volume": 330780.4, "trend": 54.631856, "fair_value": 46.264126, "relative_strength": -12.542945, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -46.507373, "energy": 35.133696, "activity_lines": [ 47.028135, 46.353953, 50.091259, 52.406229 ] }, { "date": "2025-05-16", "close": 53.557138, "volume": 307165, "typical_volume": 339595.1, "trend": 54.519778, "fair_value": 46.377234, "relative_strength": -9.07224, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -28.2552, "energy": 23.405236, "activity_lines": [ 49.603778, 47.510871, 50.098791, 52.336892 ] }, { "date": "2025-05-23", "close": 50.950197, "volume": 429403, "typical_volume": 354070.65, "trend": 54.319138, "fair_value": 46.456616, "relative_strength": -10.795235, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -28.046204, "energy": 25.206632, "activity_lines": [ 50.62125, 48.176454, 49.885696, 52.106596 ] }, { "date": "2025-05-30", "close": 50.860303, "volume": 148015, "typical_volume": 348391.95, "trend": 54.196358, "fair_value": 46.538356, "relative_strength": -12.053824, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -24.129521, "energy": 23.509792, "activity_lines": [ 51.011459, 48.841945, 49.707913, 51.883446 ] }, { "date": "2025-06-06", "close": 54.076528, "volume": 179625, "typical_volume": 341090.6, "trend": 54.043363, "fair_value": 46.659205, "relative_strength": -7.6004, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": 0.229789, "energy": 15.852247, "activity_lines": [ 52.193405, 50.095564, 49.879692, 51.875715 ] }, { "date": "2025-06-13", "close": 54.615895, "volume": 253799, "typical_volume": 338845.85, "trend": 54.091689, "fair_value": 46.803503, "relative_strength": -5.87896, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 2.518507, "energy": 16.710443, "activity_lines": [ 53.161602, 51.329934, 50.147995, 51.912652 ] }, { "date": "2025-06-20", "close": 56.134113, "volume": 139170, "typical_volume": 325130.55, "trend": 54.08614, "fair_value": 46.946486, "relative_strength": -2.704343, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 27.495861, "energy": 29.116141, "activity_lines": [ 54.268969, 52.568662, 50.601242, 52.044422 ] }, { "date": "2025-06-27", "close": 59.93435, "volume": 176247, "typical_volume": 317250.15, "trend": 54.19329, "fair_value": 47.135601, "relative_strength": 0.779713, "stage": 3, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 39.535066, "energy": 54.992919, "activity_lines": [ 56.471283, 54.263526, 51.433512, 52.421726 ] }, { "date": "2025-07-04", "close": 61.724284, "volume": 112994, "typical_volume": 312487.9, "trend": 54.299545, "fair_value": 47.322472, "relative_strength": 2.443745, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 44.650683, "energy": 68.480031, "activity_lines": [ 58.671298, 55.957586, 52.432872, 52.907596 ] }, { "date": "2025-07-11", "close": 61.673606, "volume": 214420, "typical_volume": 314591.75, "trend": 54.364514, "fair_value": 47.501514, "relative_strength": 3.038107, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 50.856155, "energy": 76.063375, "activity_lines": [ 60.130156, 57.368448, 53.415217, 53.383342 ] }, { "date": "2025-07-18", "close": 61.953486, "volume": 157323, "typical_volume": 309417.3, "trend": 54.501369, "fair_value": 47.669607, "relative_strength": 3.06157, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 46.660331, "energy": 76.769034, "activity_lines": [ 61.175835, 58.584741, 54.411558, 53.872953 ] }, { "date": "2025-07-25", "close": 60.134264, "volume": 179859, "typical_volume": 303080.65, "trend": 54.527027, "fair_value": 47.8157, "relative_strength": -1.23779, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 39.761388, "energy": 73.19602, "activity_lines": [ 61.125933, 59.236791, 55.198532, 54.236366 ] }, { "date": "2025-08-01", "close": 58.714872, "volume": 229947, "typical_volume": 294656.8, "trend": 54.478739, "fair_value": 47.94669, "relative_strength": -1.163972, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 63.123743, "energy": 63.338032, "activity_lines": [ 60.336225, 59.511185, 55.814463, 54.506549 ] }, { "date": "2025-08-08", "close": 60.414145, "volume": 263336, "typical_volume": 300572.4, "trend": 54.494417, "fair_value": 48.087368, "relative_strength": -0.662617, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 62.782073, "energy": 50.044073, "activity_lines": [ 60.194239, 59.953362, 56.559511, 54.889479 ] }, { "date": "2025-08-15", "close": 60.913931, "volume": 160295, "typical_volume": 295278.85, "trend": 54.406241, "fair_value": 48.240487, "relative_strength": -0.610862, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 55.173188, "energy": 44.332959, "activity_lines": [ 60.306191, 60.312703, 57.307544, 55.303641 ] }, { "date": "2025-08-22", "close": 62.593212, "volume": 147492, "typical_volume": 278839.65, "trend": 54.389688, "fair_value": 48.415722, "relative_strength": 1.997216, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 71.056232, "energy": 51.272357, "activity_lines": [ 61.028548, 60.853052, 58.152223, 55.831833 ] }, { "date": "2025-08-29", "close": 62.823114, "volume": 151921, "typical_volume": 238276.7, "trend": 54.49299, "fair_value": 48.610015, "relative_strength": 2.536614, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 69.393501, "energy": 54.997497, "activity_lines": [ 61.784892, 61.290159, 58.909656, 56.375925 ] }, { "date": "2025-09-05", "close": 63.842677, "volume": 113186, "typical_volume": 231858.75, "trend": 54.646922, "fair_value": 48.801862, "relative_strength": 3.770873, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 72.457866, "energy": 67.579761, "activity_lines": [ 62.701832, 61.791023, 59.670839, 56.97913 ] }, { "date": "2025-09-12", "close": 67.141266, "volume": 217879, "typical_volume": 222272.15, "trend": 54.912805, "fair_value": 49.026078, "relative_strength": 7.360568, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 84.83211, "energy": 83.253327, "activity_lines": [ 64.376449, 62.820569, 60.642116, 57.785217 ] }, { "date": "2025-09-19", "close": 70.389875, "volume": 265615, "typical_volume": 223586.05, "trend": 55.291968, "fair_value": 49.281732, "relative_strength": 10.991635, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 89.37518, "energy": 92.042024, "activity_lines": [ 66.685461, 64.342282, 61.825231, 58.783738 ] }, { "date": "2025-09-26", "close": 69.213662, "volume": 145632, "typical_volume": 199666.15, "trend": 55.786727, "fair_value": 49.534843, "relative_strength": 9.398562, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 77.53301, "energy": 89.180899, "activity_lines": [ 67.970672, 65.49166, 62.790534, 59.681911 ] }, { "date": "2025-10-03", "close": 72.173391, "volume": 143793, "typical_volume": 191497.55, "trend": 56.439069, "fair_value": 49.799516, "relative_strength": 12.659356, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 84.491571, "energy": 92.484431, "activity_lines": [ 69.801096, 67.047167, 63.941996, 60.739115 ] }, { "date": "2025-10-10", "close": 68.453731, "volume": 201385, "typical_volume": 180096.65, "trend": 56.992724, "fair_value": 50.056925, "relative_strength": 9.463408, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.91361, "energy": 73.399205, "activity_lines": [ 69.768281, 67.707479, 64.650555, 61.514255 ] }, { "date": "2025-10-17", "close": 73.213295, "volume": 1033791, "typical_volume": 224385.45, "trend": 57.731664, "fair_value": 50.329344, "relative_strength": 14.802218, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 78.908216, "energy": 67.730967, "activity_lines": [ 71.014585, 69.056096, 65.729056, 62.560743 ] }, { "date": "2025-10-24", "close": 75.803058, "volume": 262019, "typical_volume": 228505.15, "trend": 58.670962, "fair_value": 50.61309, "relative_strength": 16.318246, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 82.78773, "energy": 69.93418, "activity_lines": [ 72.71934, 70.642867, 66.947758, 63.72664 ] }, { "date": "2025-10-31", "close": 77.932863, "volume": 601000, "typical_volume": 245865.2, "trend": 59.946276, "fair_value": 50.910892, "relative_strength": 18.327126, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 83.865974, "energy": 71.586947, "activity_lines": [ 74.773152, 72.346165, 68.265839, 64.969343 ] }, { "date": "2025-11-07", "close": 76.472997, "volume": 312531, "typical_volume": 254533.25, "trend": 61.054734, "fair_value": 51.169625, "relative_strength": 17.684859, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 71.126984, "energy": 70.073407, "activity_lines": [ 75.759062, 73.505129, 69.333852, 66.035583 ] }, { "date": "2025-11-14", "close": 74.063217, "volume": 298774, "typical_volume": 260659.6, "trend": 62.123817, "fair_value": 51.415494, "relative_strength": 13.40017, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.556718, "energy": 60.224345, "activity_lines": [ 75.655072, 73.977772, 70.075511, 66.87484 ] }, { "date": "2025-11-21", "close": 70.253566, "volume": 299050, "typical_volume": 269962.4, "trend": 62.910428, "fair_value": 51.635247, "relative_strength": 9.436327, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 60.605192, "energy": 48.112151, "activity_lines": [ 73.907232, 73.571923, 70.387065, 67.39934 ] }, { "date": "2025-11-28", "close": 77.002948, "volume": 241813, "typical_volume": 271332.05, "trend": 63.871411, "fair_value": 51.898267, "relative_strength": 15.278232, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.884907, "energy": 45.937728, "activity_lines": [ 74.606501, 74.336647, 71.300802, 68.308535 ] }, { "date": "2025-12-05", "close": 80.882593, "volume": 355343, "typical_volume": 281233.05, "trend": 64.930419, "fair_value": 52.188803, "relative_strength": 20.195731, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 76.158884, "energy": 50.416217, "activity_lines": [ 76.518992, 75.686523, 72.511032, 69.40603 ] }, { "date": "2025-12-12", "close": 79.742697, "volume": 492345, "typical_volume": 296857.35, "trend": 65.803271, "fair_value": 52.478809, "relative_strength": 18.790988, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.036849, "energy": 49.946436, "activity_lines": [ 77.85487, 76.616983, 73.522561, 70.361661 ] }, { "date": "2025-12-19", "close": 79.642707, "volume": 273119, "typical_volume": 299015.95, "trend": 66.759688, "fair_value": 52.776295, "relative_strength": 18.084591, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.700365, "energy": 53.632541, "activity_lines": [ 78.939438, 77.39164, 74.431195, 71.254528 ] }, { "date": "2025-12-26", "close": 80.877327, "volume": 171927, "typical_volume": 294445.5, "trend": 67.760256, "fair_value": 53.082433, "relative_strength": 17.855646, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.105154, "energy": 63.967903, "activity_lines": [ 80.063579, 78.187337, 75.357755, 72.165343 ] }, { "date": "2026-01-02", "close": 82.867261, "volume": 207258, "typical_volume": 296793.65, "trend": 68.719947, "fair_value": 53.391058, "relative_strength": 21.582995, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 71.948439, "energy": 62.021569, "activity_lines": [ 81.142781, 79.205494, 76.376389, 73.139989 ] }, { "date": "2026-01-09", "close": 88.867063, "volume": 435478, "typical_volume": 311192.95, "trend": 69.861652, "fair_value": 53.725017, "relative_strength": 27.757965, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 85.166539, "energy": 78.052753, "activity_lines": [ 83.830963, 81.186084, 77.861892, 74.439803 ] }, { "date": "2026-01-16", "close": 92.536942, "volume": 351633, "typical_volume": 321178.55, "trend": 71.07508, "fair_value": 54.084385, "relative_strength": 32.830061, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 87.690118, "energy": 89.39649, "activity_lines": [ 87.21014, 83.635121, 79.571795, 75.902725 ] }, { "date": "2026-01-23", "close": 92.26695, "volume": 400646, "typical_volume": 335551.55, "trend": 72.152833, "fair_value": 54.430801, "relative_strength": 32.180526, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 79.438506, "energy": 89.202481, "activity_lines": [ 89.64637, 85.742997, 81.11449, 77.269942 ] }, { "date": "2026-01-30", "close": 93.016926, "volume": 472841, "typical_volume": 348299.65, "trend": 73.195921, "fair_value": 54.770293, "relative_strength": 31.875342, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 75.028072, "energy": 88.052506, "activity_lines": [ 91.490976, 87.656255, 82.593257, 78.616013 ] }, { "date": "2026-02-06", "close": 98.196754, "volume": 879679, "typical_volume": 379002.85, "trend": 74.41336, "fair_value": 55.149141, "relative_strength": 38.382926, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 83.326116, "energy": 89.635032, "activity_lines": [ 94.252885, 90.097421, 84.442124, 80.22897 ] }, { "date": "2026-02-13", "close": 100.576676, "volume": 1757609, "typical_volume": 459601.7, "trend": 75.700799, "fair_value": 55.54183, "relative_strength": 42.266797, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 83.039289, "energy": 86.417509, "activity_lines": [ 96.786134, 92.585958, 86.385236, 81.916926 ] }, { "date": "2026-02-20", "close": 100.866666, "volume": 1224897, "typical_volume": 513656.9, "trend": 77.058546, "fair_value": 55.942355, "relative_strength": 39.874044, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 78.32684, "energy": 85.511712, "activity_lines": [ 98.635407, 94.769147, 88.206618, 83.54053 ] }, { "date": "2026-02-27", "close": 98.996728, "volume": 1384260, "typical_volume": 572800.65, "trend": 78.401275, "fair_value": 56.322675, "relative_strength": 36.669408, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.435956, "energy": 76.16953, "activity_lines": [ 99.306051, 96.228274, 89.713277, 84.955896 ] }, { "date": "2026-03-06", "close": 89.197052, "volume": 1703880, "typical_volume": 606305.1, "trend": 79.360705, "fair_value": 56.650476, "relative_strength": 24.718786, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.04929, "energy": 55.250599, "activity_lines": [ 96.261485, 95.553751, 90.14119, 85.652398 ] }, { "date": "2026-03-13", "close": 92.076957, "volume": 757642, "typical_volume": 631086.25, "trend": 80.399472, "fair_value": 56.98984, "relative_strength": 29.632818, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 47.743351, "energy": 38.866681, "activity_lines": [ 94.431546, 95.251579, 90.767267, 86.472802 ] }, { "date": "2026-03-20", "close": 94.646872, "volume": 576574, "typical_volume": 629864.95, "trend": 81.467928, "fair_value": 57.342956, "relative_strength": 34.386894, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 42.00256, "energy": 28.715141, "activity_lines": [ 93.866231, 95.249216, 91.560603, 87.391989 ] }, { "date": "2026-03-27", "close": 93.21, "volume": 1384702, "typical_volume": 683473.5, "trend": 82.480824, "fair_value": 57.677937, "relative_strength": 33.938486, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 35.971557, "energy": 22.899408, "activity_lines": [ 93.217279, 94.880515, 92.137504, 88.149542 ] }, { "date": "2026-04-03", "close": 97.53, "volume": 1165934, "typical_volume": 726831.5, "trend": 83.603735, "fair_value": 58.055668, "relative_strength": 33.874954, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 45.465631, "energy": 27.396972, "activity_lines": [ 94.518772, 95.285032, 93.046133, 89.120456 ] }, { "date": "2026-04-10", "close": 110.44, "volume": 1006342, "typical_volume": 762196.1, "trend": 85.047026, "fair_value": 58.515461, "relative_strength": 44.308456, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 78.782983, "energy": 51.670646, "activity_lines": [ 100.22138, 97.941129, 95.072539, 90.851828 ] }, { "date": "2026-04-17", "close": 120.04, "volume": 1208131, "typical_volume": 810512.0, "trend": 86.70203, "fair_value": 59.03985, "relative_strength": 47.845727, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 86.970868, "energy": 81.809779, "activity_lines": [ 107.707791, 102.025898, 97.821867, 93.10944 ] }, { "date": "2026-04-24", "close": 134.848083, "volume": 1666339, "typical_volume": 876061.8, "trend": 88.889844, "fair_value": 59.667919, "relative_strength": 62.38188, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 93.055227, "energy": 96.242742, "activity_lines": [ 118.266028, 108.405896, 101.77655, 96.215636 ] }, { "date": "2026-05-01", "close": 135.10806, "volume": 2071330, "typical_volume": 955011.05, "trend": 90.987666, "fair_value": 60.296582, "relative_strength": 58.51976, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 87.03889, "energy": 94.941955, "activity_lines": [ 126.230842, 114.210046, 105.499015, 99.197457 ] }, { "date": "2026-05-08", "close": 151.766588, "volume": 2136206, "typical_volume": 1048165.4, "trend": 93.764762, "fair_value": 61.033597, "relative_strength": 70.700613, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 94.386199, "energy": 97.760585, "activity_lines": [ 136.955295, 122.420448, 110.544361, 103.118678 ] }, { "date": "2026-05-15", "close": 148.306894, "volume": 3090486, "typical_volume": 1194093.35, "trend": 96.267882, "fair_value": 61.730517, "relative_strength": 63.60203, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 81.325751, "energy": 93.164696, "activity_lines": [ 142.910745, 129.042364, 114.916766, 106.637525 ] }, { "date": "2026-05-22", "close": 153.736414, "volume": 2148080, "typical_volume": 1291134.45, "trend": 98.86566, "fair_value": 62.442222, "relative_strength": 65.086233, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 80.613452, "energy": 91.601225, "activity_lines": [ 148.151574, 135.57674, 119.485174, 110.345172 ] }, { "date": "2026-05-29", "close": 155.346272, "volume": 2004630, "typical_volume": 1369592.05, "trend": 101.446107, "fair_value": 63.166781, "relative_strength": 61.488633, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 76.832303, "energy": 83.80692, "activity_lines": [ 151.682596, 141.282736, 123.869431, 113.989083 ] }, { "date": "2026-06-05", "close": 145.017185, "volume": 1905848, "typical_volume": 1447302.8, "trend": 103.730913, "fair_value": 63.822217, "relative_strength": 52.196048, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 67.493092, "energy": 66.505629, "activity_lines": [ 150.404042, 144.007091, 126.953397, 116.80012 ] }, { "date": "2026-06-12", "close": 167.875165, "volume": 2399844, "typical_volume": 1547262.7, "trend": 106.857978, "fair_value": 64.615829, "relative_strength": 71.767108, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 84.836259, "energy": 71.89278, "activity_lines": [ 156.084207, 149.945494, 131.964407, 120.938459 ] }, { "date": "2026-06-19", "close": 178.214251, "volume": 3028461, "typical_volume": 1675043.7, "trend": 110.456668, "fair_value": 65.485181, "relative_strength": 76.978524, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 86.923172, "energy": 72.888942, "activity_lines": [ 164.136829, 156.484728, 137.600054, 125.542089 ] }, { "date": "2026-06-26", "close": 168.18, "volume": 1912935, "typical_volume": 1726706.5, "trend": 113.495903, "fair_value": 66.272233, "relative_strength": 67.91578, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 68.945419, "energy": 65.85708, "activity_lines": [ 166.850876, 159.967293, 141.874356, 129.266175 ] }, { "date": "2026-07-03", "close": 158.01, "volume": 2283945, "typical_volume": 1753023.3, "trend": 116.066816, "fair_value": 67.003667, "relative_strength": 52.026136, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 64.474279, "energy": 60.086582, "activity_lines": [ 165.212018, 160.725495, 144.846832, 132.138052 ] }, { "date": "2026-07-10", "close": 159.42, "volume": 1803020, "typical_volume": 1781929.45, "trend": 118.722726, "fair_value": 67.730374, "relative_strength": 49.033239, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 61.033945, "energy": 52.933585, "activity_lines": [ 163.865578, 161.318934, 147.680103, 134.935032 ] }, { "date": "2026-07-17", "close": 143.22, "volume": 1897784, "typical_volume": 1807605.65, "trend": 120.84197, "fair_value": 68.356703, "relative_strength": 34.296198, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 44.781905, "energy": 32.33053, "activity_lines": [ 156.15895, 158.524884, 148.691691, 136.515501 ] }, { "date": "2026-07-24", "close": 144.79, "volume": 1310463, "typical_volume": 1787934.8, "trend": 122.972392, "fair_value": 68.980076, "relative_strength": 34.754006, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 37.129442, "energy": 23.007845, "activity_lines": [ 150.619333, 156.171681, 149.642216, 138.060535 ] }, { "date": "2026-07-31", "close": 136.44, "volume": 3257725, "typical_volume": 1912938.95, "trend": 124.75815, "fair_value": 69.56122, "relative_strength": 24.17454, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 24.541411, "energy": 21.272125, "activity_lines": [ 144.524667, 152.364239, 149.532774, 138.929413 ] }, { "date": "2026-08-07", "close": 148.42, "volume": 2662490, "typical_volume": 2017234.75, "trend": 126.743248, "fair_value": 70.232945, "relative_strength": 28.876662, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 24.026445, "energy": 21.13443, "activity_lines": [ 144.539333, 151.049459, 150.353032, 140.455984 ] } ], "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." } } }