{ "ticker": { "uuid": "bc8c941b-7aa6-40a6-b0ca-9f6891a757e2", "symbol": "ZPAY", "name": "BMO Premium Yield ETF", "exchange": "TOR", "country": "CA", "assetType": "etf" }, "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.", "analysis": { "eligible": true, "as_of": "2026-08-07", "benchmark": "^GSPTSE", "stage": 2, "stage_name": "Advancing", "phase": "2a", "phase_label": "Stage 2A \u00b7 Early advance", "transition": "stage_2_healthy", "transition_label": "Stage 2 trend intact", "confidence": 56.464, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Early expansion", "architecture_gate": "up", "architecture_direction": 79.18, "architecture_energy": 67.683, "architecture_maturity": 37.649, "architecture_confidence": 81.093, "architecture_tenure": "Developing", "architecture": { "interpretation": { "headline": "The weekly architecture is expanding upward.", "body": "Trend and Activity show sustained positive alignment with constructive price acceptance. Directional energy remains positive; cooling within this regime can indicate that it is maturing." }, "scores": { "balance": 8.01, "rotation_up": 62.74, "upward_expansion": 87.67, "deceleration": 60.56, "rotation_down": 25.57, "downward_expansion": 12.0 }, "activity_lines": [ 33.525095, 33.368025, 32.941403, 32.475736 ], "activity_state": "Wide", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.833333 }, "latest_close": 33.790001, "trend_reference": 31.962265, "distance_from_trend": 0.057184, "trend_direction": "Improving", "fair_value": 29.479584, "distance_from_fair_value": 0.146217, "fair_value_direction": "Improving", "relative_strength": -5.928745, "relative_strength_direction": "Improving", "price_momentum": 0.082109, "excess_performance": -0.038312, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.057184, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.012039, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.146217, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.03982, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.059287, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.03376, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.082109, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 5.809621, "read": "Demand-led" } ], "volume": { "latest": 70600, "relative_activity": 1.145825, "balance": 5.809621, "dry_up": 1.015986, "accumulation_observations": 5, "distribution_observations": 1 }, "risk": { "range_context": 0.01369, "annualized_volatility": 0.075719, "from_high_reference": -0.007927, "from_low_reference": 0.119765 }, "levels": { "trend_reference": 31.962265, "fair_value_reference": 29.479584, "structural_low": 30.175976, "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 41, "median_return": 0.007227, "positive_rate": 0.707317, "directional_follow_through": 0.707317, "median_excess_return": -0.002011, "regime_survival": 0.878049, "best_return": 0.043232, "worst_return": -0.050917, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 14, "median_return": 0.023138, "positive_rate": 0.714286, "directional_follow_through": 0.714286, "median_excess_return": -0.017673, "regime_survival": 0.714286, "best_return": 0.058664, "worst_return": -0.057801, "sufficient": true }, { "horizon": "Extended", "sample_count": 8, "median_return": 0.032659, "positive_rate": 0.625, "directional_follow_through": 0.625, "median_excess_return": -0.018239, "regime_survival": 0.625, "best_return": 0.094509, "worst_return": -0.027856, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 4, "median_return": 0.097282, "positive_rate": 0.75, "directional_follow_through": 0.75, "median_excess_return": -0.039225, "regime_survival": 0.75, "best_return": 0.156754, "worst_return": -0.010523, "sufficient": false } ], "ledger": [ { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2023-10-06", "end": "2023-11-03", "tenure": "Developing", "return": 0.006121, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2023-11-10", "end": "2025-03-14", "tenure": "Extended", "return": 0.164333, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-03-21", "end": "2025-03-28", "tenure": "New", "return": -0.01022, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-04-04", "end": "2025-04-25", "tenure": "New", "return": 0.025384, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-05-02", "end": "2025-06-20", "tenure": "Developing", "return": 0.005599, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-06-27", "end": "2025-07-18", "tenure": "New", "return": 0.007329, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-07-25", "end": "2025-08-29", "tenure": "Developing", "return": 0.013917, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-09-05", "end": "2025-12-26", "tenure": "Established", "return": 0.030181, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-01-02", "end": "2026-01-30", "tenure": "Developing", "return": -0.00369, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2026-02-06", "end": "2026-03-06", "tenure": "Developing", "return": -0.015401, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-03-13", "end": "2026-04-24", "tenure": "Developing", "return": 0.028721, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-05-01", "end": "2026-05-08", "tenure": "New", "return": 0.012241, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2026-05-15", "end": "2026-06-12", "tenure": "Developing", "return": 0.015624, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-06-19", "end": "2026-08-07", "tenure": "Developing", "return": 0.024255, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 25.371304, "volume": 54601, "typical_volume": 40249.3, "trend": 24.375711, "fair_value": 22.774442, "relative_strength": 8.394429, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 74.358088, "energy": 82.038446, "activity_lines": [ 25.281642, 25.119903, 24.91544, 24.708023 ] }, { "date": "2023-08-25", "close": 25.582867, "volume": 54504, "typical_volume": 41828.85, "trend": 24.454549, "fair_value": 22.801501, "relative_strength": 8.927706, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 82.319422, "energy": 87.79663, "activity_lines": [ 25.397253, 25.228793, 24.995737, 24.785904 ] }, { "date": "2023-09-01", "close": 25.914131, "volume": 39293, "typical_volume": 42496.7, "trend": 24.525593, "fair_value": 22.832213, "relative_strength": 6.331652, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 91.143155, "energy": 94.476197, "activity_lines": [ 25.586659, 25.382851, 25.101227, 24.880071 ] }, { "date": "2023-09-08", "close": 25.735472, "volume": 12578, "typical_volume": 41351.05, "trend": 24.608972, "fair_value": 22.860835, "relative_strength": 7.837244, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 74.231199, "energy": 88.0974, "activity_lines": [ 25.674118, 25.478927, 25.181494, 24.958128 ] }, { "date": "2023-09-15", "close": 25.480242, "volume": 79756, "typical_volume": 43457.0, "trend": 24.674289, "fair_value": 22.887327, "relative_strength": 3.764655, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.087631, "energy": 78.693355, "activity_lines": [ 25.641502, 25.511549, 25.231437, 25.014339 ] }, { "date": "2023-09-22", "close": 25.046352, "volume": 34029, "typical_volume": 43817.75, "trend": 24.734453, "fair_value": 22.909149, "relative_strength": 6.183384, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.606542, "energy": 50.492287, "activity_lines": [ 25.451352, 25.450731, 25.235931, 25.038343 ] }, { "date": "2023-09-29", "close": 25.183733, "volume": 17551, "typical_volume": 43598.4, "trend": 24.788489, "fair_value": 22.931445, "relative_strength": 7.858297, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 42.96105, "energy": 28.839313, "activity_lines": [ 25.328658, 25.412515, 25.248951, 25.067329 ] }, { "date": "2023-10-06", "close": 25.500244, "volume": 27106, "typical_volume": 42096.85, "trend": 24.85939, "fair_value": 22.955906, "relative_strength": 10.60772, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 44.789221, "energy": 28.553773, "activity_lines": [ 25.338078, 25.429114, 25.288647, 25.113248 ] }, { "date": "2023-10-13", "close": 25.534464, "volume": 21060, "typical_volume": 39888.4, "trend": 24.911939, "fair_value": 22.979637, "relative_strength": 9.285182, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 46.502799, "energy": 27.461462, "activity_lines": [ 25.386496, 25.447898, 25.327144, 25.156801 ] }, { "date": "2023-10-20", "close": 25.414703, "volume": 17454, "typical_volume": 39922.5, "trend": 24.950889, "fair_value": 23.00373, "relative_strength": 10.460772, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 40.602838, "energy": 27.24812, "activity_lines": [ 25.408395, 25.439017, 25.351159, 25.189238 ] }, { "date": "2023-10-27", "close": 25.14887, "volume": 37832, "typical_volume": 39859.15, "trend": 24.97787, "fair_value": 23.028021, "relative_strength": 11.186958, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 31.817986, "energy": 22.027098, "activity_lines": [ 25.346052, 25.379475, 25.347031, 25.202011 ] }, { "date": "2023-11-03", "close": 25.656319, "volume": 38416, "typical_volume": 39342.4, "trend": 25.024803, "fair_value": 23.053932, "relative_strength": 6.890038, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 63.009154, "energy": 35.162179, "activity_lines": [ 25.446024, 25.416241, 25.388677, 25.245782 ] }, { "date": "2023-11-10", "close": 26.034756, "volume": 21646, "typical_volume": 37450.85, "trend": 25.086283, "fair_value": 23.079771, "relative_strength": 9.069418, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 77.429506, "energy": 48.63757, "activity_lines": [ 25.640636, 25.520477, 25.46207, 25.31094 ] }, { "date": "2023-11-17", "close": 26.094957, "volume": 28959, "typical_volume": 37431.35, "trend": 25.140384, "fair_value": 23.106949, "relative_strength": 6.238823, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 77.392359, "energy": 72.6724, "activity_lines": [ 25.819681, 25.633467, 25.533943, 25.376016 ] }, { "date": "2023-11-24", "close": 26.103559, "volume": 21548, "typical_volume": 38089.45, "trend": 25.190043, "fair_value": 23.134183, "relative_strength": 6.367832, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 72.849214, "energy": 81.446523, "activity_lines": [ 25.964227, 25.741484, 25.600459, 25.438156 ] }, { "date": "2023-12-01", "close": 26.000174, "volume": 14138, "typical_volume": 37757.85, "trend": 25.253742, "fair_value": 23.161712, "relative_strength": 3.919506, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.271035, "energy": 79.192331, "activity_lines": [ 26.028387, 25.819371, 25.65035, 25.490422 ] }, { "date": "2023-12-08", "close": 26.294153, "volume": 34809, "typical_volume": 38065.0, "trend": 25.315027, "fair_value": 23.191764, "relative_strength": 5.505137, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 77.752751, "energy": 84.08191, "activity_lines": [ 26.133787, 25.933367, 25.723074, 25.557546 ] }, { "date": "2023-12-15", "close": 26.173103, "volume": 40268, "typical_volume": 36441.6, "trend": 25.36867, "fair_value": 23.220401, "relative_strength": 3.846185, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.477816, "energy": 71.194415, "activity_lines": [ 26.156315, 26.005163, 25.778266, 25.612906 ] }, { "date": "2023-12-22", "close": 26.034754, "volume": 47094, "typical_volume": 34608.65, "trend": 25.406875, "fair_value": 23.24765, "relative_strength": 1.410331, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 62.277184, "energy": 52.657808, "activity_lines": [ 26.123503, 26.039572, 25.816021, 25.655879 ] }, { "date": "2023-12-29", "close": 26.086912, "volume": 23693, "typical_volume": 33316.75, "trend": 25.449057, "fair_value": 23.275416, "relative_strength": 1.091775, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 59.787546, "energy": 48.643833, "activity_lines": [ 26.112091, 26.074368, 25.854818, 25.699752 ] }, { "date": "2024-01-05", "close": 26.173838, "volume": 27496, "typical_volume": 31961.5, "trend": 25.501112, "fair_value": 23.303602, "relative_strength": 1.348078, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 61.686568, "energy": 45.68527, "activity_lines": [ 26.130764, 26.112747, 25.898083, 25.746512 ] }, { "date": "2024-01-12", "close": 26.504166, "volume": 46996, "typical_volume": 31586.1, "trend": 25.559434, "fair_value": 23.333952, "relative_strength": 2.147678, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 78.714561, "energy": 55.002853, "activity_lines": [ 26.247969, 26.192549, 25.968986, 25.811225 ] }, { "date": "2024-01-19", "close": 26.686712, "volume": 34712, "typical_volume": 31357.05, "trend": 25.631933, "fair_value": 23.365151, "relative_strength": 2.996402, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 82.831015, "energy": 75.123373, "activity_lines": [ 26.412021, 26.290126, 26.052888, 25.883953 ] }, { "date": "2024-01-26", "close": 26.686712, "volume": 52359, "typical_volume": 33346.1, "trend": 25.694898, "fair_value": 23.396763, "relative_strength": 1.704888, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 77.149383, "energy": 86.063756, "activity_lines": [ 26.541833, 26.37585, 26.133111, 25.952003 ] }, { "date": "2024-02-02", "close": 26.660501, "volume": 25254, "typical_volume": 30621.0, "trend": 25.760916, "fair_value": 23.426227, "relative_strength": 1.61194, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 70.915745, "energy": 87.039901, "activity_lines": [ 26.619444, 26.446049, 26.206307, 26.0143 ] }, { "date": "2024-02-09", "close": 26.80905, "volume": 45631, "typical_volume": 31201.1, "trend": 25.82403, "fair_value": 23.456782, "relative_strength": 2.309975, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 78.150011, "energy": 90.125106, "activity_lines": [ 26.708332, 26.53313, 26.288031, 26.081922 ] }, { "date": "2024-02-16", "close": 26.80905, "volume": 39294, "typical_volume": 32288.25, "trend": 25.883216, "fair_value": 23.488534, "relative_strength": 0.947264, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 73.449936, "energy": 85.094024, "activity_lines": [ 26.754873, 26.605504, 26.361361, 26.145471 ] }, { "date": "2024-02-23", "close": 27.018766, "volume": 22134, "typical_volume": 32039.65, "trend": 25.941235, "fair_value": 23.521719, "relative_strength": 0.813892, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 82.506065, "energy": 82.245602, "activity_lines": [ 26.850993, 26.706647, 26.446925, 26.218733 ] }, { "date": "2024-03-01", "close": 27.141787, "volume": 34810, "typical_volume": 32727.15, "trend": 26.005611, "fair_value": 23.556433, "relative_strength": 0.442114, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 83.79821, "energy": 84.790105, "activity_lines": [ 26.965983, 26.814782, 26.536973, 26.296188 ] }, { "date": "2024-03-08", "close": 27.010027, "volume": 26619, "typical_volume": 33185.4, "trend": 26.063056, "fair_value": 23.59072, "relative_strength": -0.988632, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.901915, "energy": 70.317293, "activity_lines": [ 27.006715, 26.878833, 26.60682, 26.360989 ] }, { "date": "2024-03-15", "close": 27.133001, "volume": 17064, "typical_volume": 32147.0, "trend": 26.121779, "fair_value": 23.625239, "relative_strength": -1.05557, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 75.33362, "energy": 77.83307, "activity_lines": [ 27.065137, 26.948458, 26.680781, 26.430017 ] }, { "date": "2024-03-22", "close": 27.370161, "volume": 38319, "typical_volume": 32142.15, "trend": 26.181356, "fair_value": 23.659102, "relative_strength": -0.805769, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 85.957659, "energy": 87.575356, "activity_lines": [ 27.181015, 27.043764, 26.76788, 26.510558 ] }, { "date": "2024-03-29", "close": 27.282736, "volume": 12773, "typical_volume": 31698.5, "trend": 26.226976, "fair_value": 23.692265, "relative_strength": -1.96828, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 74.064248, "energy": 76.142269, "activity_lines": [ 27.230345, 27.107429, 26.838493, 26.581615 ] }, { "date": "2024-04-05", "close": 27.088488, "volume": 57235, "typical_volume": 33112.3, "trend": 26.272076, "fair_value": 23.723344, "relative_strength": -3.115895, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.166582, "energy": 63.441973, "activity_lines": [ 27.197326, 27.12494, 26.884662, 26.637196 ] }, { "date": "2024-04-12", "close": 27.282736, "volume": 40269, "typical_volume": 34048.35, "trend": 26.332159, "fair_value": 23.755203, "relative_strength": -0.904268, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 70.191375, "energy": 62.393057, "activity_lines": [ 27.232611, 27.170464, 26.944601, 26.7024 ] }, { "date": "2024-04-19", "close": 27.026686, "volume": 61426, "typical_volume": 36412.75, "trend": 26.398171, "fair_value": 23.78556, "relative_strength": -1.502924, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 60.328898, "energy": 48.243091, "activity_lines": [ 27.164365, 27.158119, 26.974539, 26.747208 ] }, { "date": "2024-04-26", "close": 27.177433, "volume": 23109, "typical_volume": 35827.75, "trend": 26.464627, "fair_value": 23.819593, "relative_strength": -1.749575, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 49.6215, "energy": 39.461908, "activity_lines": [ 27.153455, 27.169226, 27.013945, 26.797483 ] }, { "date": "2024-05-03", "close": 27.372698, "volume": 17941, "typical_volume": 34711.4, "trend": 26.527042, "fair_value": 23.856001, "relative_strength": -1.057982, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 72.846005, "energy": 51.159876, "activity_lines": [ 27.220483, 27.209138, 27.067742, 26.856069 ] }, { "date": "2024-05-10", "close": 27.594587, "volume": 16869, "typical_volume": 33200.15, "trend": 26.595713, "fair_value": 23.894346, "relative_strength": -1.930986, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 80.234721, "energy": 58.449054, "activity_lines": [ 27.355476, 27.282959, 27.136958, 26.924942 ] }, { "date": "2024-05-17", "close": 27.727728, "volume": 32470, "typical_volume": 33639.0, "trend": 26.672814, "fair_value": 23.933778, "relative_strength": -2.184907, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 83.83174, "energy": 80.776277, "activity_lines": [ 27.501109, 27.372754, 27.211428, 26.997976 ] }, { "date": "2024-05-24", "close": 27.656723, "volume": 45533, "typical_volume": 34540.85, "trend": 26.756409, "fair_value": 23.972193, "relative_strength": -1.788279, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 72.708882, "energy": 84.908948, "activity_lines": [ 27.593408, 27.43659, 27.271321, 27.061454 ] }, { "date": "2024-05-31", "close": 27.478796, "volume": 14139, "typical_volume": 32898.0, "trend": 26.817158, "fair_value": 24.00909, "relative_strength": -2.184774, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.596441, "energy": 73.60677, "activity_lines": [ 27.584395, 27.458553, 27.307207, 27.108059 ] }, { "date": "2024-06-07", "close": 27.924875, "volume": 29251, "typical_volume": 32624.95, "trend": 26.880162, "fair_value": 24.047671, "relative_strength": 0.538523, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 82.42653, "energy": 74.905124, "activity_lines": [ 27.703985, 27.559646, 27.380937, 27.179525 ] }, { "date": "2024-06-14", "close": 27.99625, "volume": 18624, "typical_volume": 30938.2, "trend": 26.943539, "fair_value": 24.084073, "relative_strength": 2.424082, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 80.782864, "energy": 71.112951, "activity_lines": [ 27.810554, 27.662042, 27.455567, 27.25153 ] }, { "date": "2024-06-21", "close": 28.121149, "volume": 14528, "typical_volume": 30401.9, "trend": 27.010792, "fair_value": 24.121418, "relative_strength": 3.2164, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 81.597378, "energy": 72.806621, "activity_lines": [ 27.931979, 27.770642, 27.535857, 27.327505 ] }, { "date": "2024-06-28", "close": 27.915133, "volume": 20574, "typical_volume": 29149.05, "trend": 27.074624, "fair_value": 24.15659, "relative_strength": 0.88702, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.300484, "energy": 72.684334, "activity_lines": [ 27.958504, 27.82654, 27.589571, 27.38585 ] }, { "date": "2024-07-05", "close": 27.910652, "volume": 26813, "typical_volume": 28525.0, "trend": 27.128507, "fair_value": 24.189984, "relative_strength": 0.001533, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.622313, "energy": 68.858274, "activity_lines": [ 27.966308, 27.86547, 27.637591, 27.439787 ] }, { "date": "2024-07-12", "close": 28.067577, "volume": 35101, "typical_volume": 29173.35, "trend": 27.191656, "fair_value": 24.222396, "relative_strength": -2.173955, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 70.995288, "energy": 62.487474, "activity_lines": [ 27.997629, 27.9196, 27.695311, 27.500372 ] }, { "date": "2024-07-19", "close": 28.228989, "volume": 30032, "typical_volume": 28934.45, "trend": 27.264797, "fair_value": 24.255559, "relative_strength": -1.723147, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 77.813695, "energy": 64.150221, "activity_lines": [ 28.073242, 27.990444, 27.763409, 27.567297 ] }, { "date": "2024-07-26", "close": 28.255888, "volume": 31787, "typical_volume": 29192.85, "trend": 27.337096, "fair_value": 24.289706, "relative_strength": -2.175644, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 74.145198, "energy": 62.745215, "activity_lines": [ 28.142304, 28.054644, 27.828892, 27.631238 ] }, { "date": "2024-08-02", "close": 28.345518, "volume": 36467, "typical_volume": 30163.0, "trend": 27.409486, "fair_value": 24.323191, "relative_strength": 0.682166, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 74.804229, "energy": 65.519288, "activity_lines": [ 28.232261, 28.125538, 27.896978, 27.696298 ] }, { "date": "2024-08-09", "close": 28.084145, "volume": 45533, "typical_volume": 30523.7, "trend": 27.462152, "fair_value": 24.35538, "relative_strength": -0.650103, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.773414, "energy": 54.433832, "activity_lines": [ 28.206401, 28.136386, 27.934397, 27.739824 ] }, { "date": "2024-08-16", "close": 28.561825, "volume": 14724, "typical_volume": 30621.25, "trend": 27.524656, "fair_value": 24.386781, "relative_strength": -2.156522, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 79.94128, "energy": 60.522591, "activity_lines": [ 28.328202, 28.223078, 28.01391, 27.810771 ] }, { "date": "2024-08-23", "close": 28.426634, "volume": 22133, "typical_volume": 28866.15, "trend": 27.582653, "fair_value": 24.419361, "relative_strength": -3.486645, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.531087, "energy": 54.834229, "activity_lines": [ 28.371989, 28.273609, 28.074457, 27.868963 ] }, { "date": "2024-08-30", "close": 28.409208, "volume": 26911, "typical_volume": 28198.25, "trend": 27.640943, "fair_value": 24.452858, "relative_strength": -3.729057, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.562286, "energy": 51.511654, "activity_lines": [ 28.396791, 28.313147, 28.126972, 27.922289 ] }, { "date": "2024-09-06", "close": 28.173672, "volume": 14821, "typical_volume": 25868.0, "trend": 27.686431, "fair_value": 24.48396, "relative_strength": -2.09279, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 59.860783, "energy": 46.867625, "activity_lines": [ 28.332859, 28.304622, 28.15169, 27.956659 ] }, { "date": "2024-09-13", "close": 28.635685, "volume": 20769, "typical_volume": 25751.0, "trend": 27.747318, "fair_value": 24.517642, "relative_strength": -3.781254, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 72.506696, "energy": 49.728721, "activity_lines": [ 28.434389, 28.375399, 28.214949, 28.017901 ] }, { "date": "2024-09-20", "close": 28.644749, "volume": 22718, "typical_volume": 25989.85, "trend": 27.801518, "fair_value": 24.551669, "relative_strength": -4.859608, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 70.89471, "energy": 50.22186, "activity_lines": [ 28.50217, 28.434642, 28.272126, 28.0758 ] }, { "date": "2024-09-27", "close": 28.66328, "volume": 28374, "typical_volume": 26565.1, "trend": 27.852234, "fair_value": 24.587492, "relative_strength": -5.0197, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.983796, "energy": 50.326147, "activity_lines": [ 28.5706, 28.48676, 28.325011, 28.131397 ] }, { "date": "2024-10-04", "close": 28.763435, "volume": 29934, "typical_volume": 26438.3, "trend": 27.910681, "fair_value": 24.625446, "relative_strength": -5.305889, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 70.255346, "energy": 60.432442, "activity_lines": [ 28.656639, 28.549192, 28.382345, 28.190184 ] }, { "date": "2024-10-11", "close": 29.34617, "volume": 26522, "typical_volume": 25487.75, "trend": 27.984454, "fair_value": 24.667328, "relative_strength": -4.440174, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 87.334609, "energy": 81.62837, "activity_lines": [ 28.913308, 28.708347, 28.490246, 28.282797 ] }, { "date": "2024-10-18", "close": 29.546492, "volume": 11799, "typical_volume": 25370.75, "trend": 28.056998, "fair_value": 24.709773, "relative_strength": -4.946726, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 89.289067, "energy": 91.909867, "activity_lines": [ 29.158584, 28.885731, 28.609181, 28.383573 ] }, { "date": "2024-10-25", "close": 29.601112, "volume": 29641, "typical_volume": 25390.25, "trend": 28.134277, "fair_value": 24.752908, "relative_strength": -3.177791, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 84.349344, "energy": 93.088468, "activity_lines": [ 29.361346, 29.046458, 28.723471, 28.483194 ] }, { "date": "2024-11-01", "close": 29.628031, "volume": 49043, "typical_volume": 26911.2, "trend": 28.218929, "fair_value": 24.794428, "relative_strength": -2.147322, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 77.389392, "energy": 91.090137, "activity_lines": [ 29.509324, 29.193183, 28.832342, 28.579565 ] }, { "date": "2024-11-08", "close": 29.984882, "volume": 49239, "typical_volume": 28646.75, "trend": 28.309, "fair_value": 24.837174, "relative_strength": -2.815391, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 86.321071, "energy": 94.190848, "activity_lines": [ 29.711935, 29.382946, 28.96743, 28.693497 ] }, { "date": "2024-11-15", "close": 29.984882, "volume": 73028, "typical_volume": 31269.45, "trend": 28.407607, "fair_value": 24.879388, "relative_strength": -3.195505, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 80.446151, "energy": 91.957685, "activity_lines": [ 29.833116, 29.544061, 29.093642, 28.801619 ] }, { "date": "2024-11-22", "close": 29.774433, "volume": 46217, "typical_volume": 32239.65, "trend": 28.494173, "fair_value": 24.919962, "relative_strength": -5.779544, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.82627, "energy": 78.216264, "activity_lines": [ 29.841568, 29.633981, 29.189955, 28.889801 ] }, { "date": "2024-11-29", "close": 30.075802, "volume": 48069, "typical_volume": 32888.05, "trend": 28.584277, "fair_value": 24.963391, "relative_strength": -5.437403, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 76.866847, "energy": 70.090871, "activity_lines": [ 29.935279, 29.757991, 29.306095, 28.991842 ] }, { "date": "2024-12-06", "close": 30.480375, "volume": 31201, "typical_volume": 32946.5, "trend": 28.68047, "fair_value": 25.007083, "relative_strength": -4.169906, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 87.025073, "energy": 73.355971, "activity_lines": [ 30.132202, 29.929541, 29.451203, 29.114171 ] }, { "date": "2024-12-13", "close": 30.526344, "volume": 48945, "typical_volume": 33804.4, "trend": 28.773757, "fair_value": 25.049321, "relative_strength": -2.338175, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 82.789817, "energy": 72.230588, "activity_lines": [ 30.287625, 30.076411, 29.589968, 29.233259 ] }, { "date": "2024-12-20", "close": 30.526344, "volume": 27788, "typical_volume": 33370.45, "trend": 28.869411, "fair_value": 25.090735, "relative_strength": 0.349993, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 75.632675, "energy": 73.940058, "activity_lines": [ 30.406951, 30.191227, 29.717922, 29.346329 ] }, { "date": "2024-12-27", "close": 30.783798, "volume": 49238, "typical_volume": 33555.7, "trend": 28.979578, "fair_value": 25.135312, "relative_strength": 0.397814, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 80.949214, "energy": 85.594726, "activity_lines": [ 30.575997, 30.331396, 29.86001, 29.469838 ] }, { "date": "2025-01-03", "close": 30.700644, "volume": 28763, "typical_volume": 34257.65, "trend": 29.072103, "fair_value": 25.180721, "relative_strength": -0.940398, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 72.387115, "energy": 73.436298, "activity_lines": [ 30.650034, 30.433949, 29.981323, 29.580875 ] }, { "date": "2025-01-10", "close": 30.543592, "volume": 60646, "typical_volume": 36183.3, "trend": 29.157015, "fair_value": 25.22688, "relative_strength": -0.184542, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.342565, "energy": 66.148284, "activity_lines": [ 30.630064, 30.487956, 30.077493, 29.67581 ] }, { "date": "2025-01-17", "close": 30.857708, "volume": 76930, "typical_volume": 38684.25, "trend": 29.248233, "fair_value": 25.278273, "relative_strength": -0.295021, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 76.02965, "energy": 68.225938, "activity_lines": [ 30.710585, 30.582429, 30.193499, 29.785532 ] }, { "date": "2025-01-24", "close": 30.968569, "volume": 75077, "typical_volume": 41697.05, "trend": 29.350015, "fair_value": 25.327188, "relative_strength": -1.43811, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 75.692287, "energy": 66.735799, "activity_lines": [ 30.805969, 30.681188, 30.308404, 29.896521 ] }, { "date": "2025-01-31", "close": 31.505838, "volume": 107933, "typical_volume": 46055.25, "trend": 29.469854, "fair_value": 25.379939, "relative_strength": 0.065712, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 87.119776, "energy": 71.585979, "activity_lines": [ 31.050961, 30.859748, 30.461168, 30.035606 ] }, { "date": "2025-02-07", "close": 30.948868, "volume": 105399, "typical_volume": 50189.3, "trend": 29.565897, "fair_value": 25.431426, "relative_strength": -1.262977, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.754657, "energy": 62.147953, "activity_lines": [ 31.06216, 30.90556, 30.54722, 30.131027 ] }, { "date": "2025-02-14", "close": 30.800341, "volume": 75076, "typical_volume": 52524.4, "trend": 29.651609, "fair_value": 25.482598, "relative_strength": -1.811573, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.898981, "energy": 56.105427, "activity_lines": [ 31.007302, 30.908493, 30.608154, 30.210668 ] }, { "date": "2025-02-21", "close": 30.911739, "volume": 53138, "typical_volume": 53684.6, "trend": 29.740137, "fair_value": 25.534125, "relative_strength": -0.088193, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 60.299464, "energy": 51.348973, "activity_lines": [ 30.972461, 30.925863, 30.669521, 30.291967 ] }, { "date": "2025-02-28", "close": 31.368382, "volume": 132115, "typical_volume": 58964.25, "trend": 29.840899, "fair_value": 25.589467, "relative_strength": 0.441314, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 73.078562, "energy": 52.732264, "activity_lines": [ 31.086231, 31.019252, 30.764148, 30.397015 ] }, { "date": "2025-03-07", "close": 31.060202, "volume": 164288, "typical_volume": 66588.7, "trend": 29.940101, "fair_value": 25.645201, "relative_strength": 1.985002, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 55.766192, "energy": 42.721501, "activity_lines": [ 31.07062, 31.041298, 30.819795, 30.47568 ] }, { "date": "2025-03-14", "close": 30.313114, "volume": 122949, "typical_volume": 71254.1, "trend": 29.998477, "fair_value": 25.692497, "relative_strength": 0.375976, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 28.00161, "energy": 21.82642, "activity_lines": [ 30.83569, 30.922484, 30.797083, 30.499745 ] }, { "date": "2025-03-21", "close": 30.378487, "volume": 70006, "typical_volume": 72302.25, "trend": 30.063539, "fair_value": 25.74105, "relative_strength": -1.036067, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 21.657229, "energy": 13.691283, "activity_lines": [ 30.664933, 30.822603, 30.777206, 30.524262 ] }, { "date": "2025-03-28", "close": 30.068005, "volume": 51480, "typical_volume": 72414.3, "trend": 30.118832, "fair_value": 25.786331, "relative_strength": -1.194195, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -7.339723, "energy": 19.391586, "activity_lines": [ 30.418807, 30.669272, 30.724186, 30.52455 ] }, { "date": "2025-04-04", "close": 28.132374, "volume": 102181, "typical_volume": 73871.95, "trend": 30.117456, "fair_value": 25.819749, "relative_strength": -1.30847, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "mixed", "direction": -53.11172, "energy": 51.385723, "activity_lines": [ 29.583719, 30.178366, 30.486424, 30.396391 ] }, { "date": "2025-04-11", "close": 28.456547, "volume": 207676, "typical_volume": 81944.9, "trend": 30.111485, "fair_value": 25.856684, "relative_strength": -1.779484, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -54.356183, "energy": 71.217855, "activity_lines": [ 29.072422, 29.797969, 30.288357, 30.289236 ] }, { "date": "2025-04-18", "close": 28.038416, "volume": 60743, "typical_volume": 82578.6, "trend": 30.091274, "fair_value": 25.892326, "relative_strength": -5.52396, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -55.874635, "energy": 78.898985, "activity_lines": [ 28.595326, 29.396989, 30.056744, 30.15549 ] }, { "date": "2025-04-25", "close": 28.846491, "volume": 74394, "typical_volume": 84738.25, "trend": 30.097381, "fair_value": 25.933046, "relative_strength": -4.733425, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -66.451232, "energy": 80.412339, "activity_lines": [ 28.539234, 29.195849, 29.911792, 30.075181 ] }, { "date": "2025-05-02", "close": 29.244005, "volume": 67569, "typical_volume": 85669.45, "trend": 30.1134, "fair_value": 25.976912, "relative_strength": -4.540928, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.068872, "energy": 59.875328, "activity_lines": [ 28.71778, 29.102509, 29.812479, 30.020124 ] }, { "date": "2025-05-09", "close": 29.22509, "volume": 56065, "typical_volume": 87083.3, "trend": 30.109364, "fair_value": 26.022053, "relative_strength": -5.704773, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -58.375873, "energy": 44.183956, "activity_lines": [ 28.944955, 29.036052, 29.717471, 29.962814 ] }, { "date": "2025-05-16", "close": 30.099949, "volume": 43486, "typical_volume": 86795.7, "trend": 30.127812, "fair_value": 26.079134, "relative_strength": -5.066265, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -33.764953, "energy": 19.619155, "activity_lines": [ 29.390901, 29.167629, 29.71198, 29.962207 ] }, { "date": "2025-05-23", "close": 29.130508, "volume": 87068, "typical_volume": 89710.95, "trend": 30.112125, "fair_value": 26.123856, "relative_strength": -7.632504, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -35.248732, "energy": 21.765962, "activity_lines": [ 29.40414, 29.140404, 29.617417, 29.897865 ] }, { "date": "2025-05-30", "close": 29.555265, "volume": 43584, "typical_volume": 88857.85, "trend": 30.1097, "fair_value": 26.173358, "relative_strength": -7.188714, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -31.489547, "energy": 20.410409, "activity_lines": [ 29.486159, 29.211909, 29.570784, 29.861938 ] }, { "date": "2025-06-06", "close": 29.850344, "volume": 45144, "typical_volume": 87268.55, "trend": 30.105215, "fair_value": 26.228061, "relative_strength": -6.957862, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -26.815508, "energy": 19.254069, "activity_lines": [ 29.619286, 29.352032, 29.55696, 29.845205 ] }, { "date": "2025-06-13", "close": 29.460083, "volume": 68739, "typical_volume": 86951.65, "trend": 30.087722, "fair_value": 26.28302, "relative_strength": -8.170019, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -28.225271, "energy": 14.118819, "activity_lines": [ 29.581903, 29.425157, 29.510765, 29.803584 ] }, { "date": "2025-06-20", "close": 29.40773, "volume": 74588, "typical_volume": 85284.4, "trend": 30.075498, "fair_value": 26.331124, "relative_strength": -8.025019, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -30.333825, "energy": 14.571191, "activity_lines": [ 29.511403, 29.464622, 29.466768, 29.759714 ] }, { "date": "2025-06-27", "close": 30.061716, "volume": 58307, "typical_volume": 82929.8, "trend": 30.075029, "fair_value": 26.38856, "relative_strength": -6.442016, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -8.073874, "energy": 8.817943, "activity_lines": [ 29.705047, 29.6057, 29.495046, 29.758824 ] }, { "date": "2025-07-04", "close": 30.128773, "volume": 41243, "typical_volume": 81238.15, "trend": 30.063309, "fair_value": 26.440727, "relative_strength": -7.251874, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -1.720765, "energy": 9.027304, "activity_lines": [ 29.858962, 29.722183, 29.533935, 29.762292 ] }, { "date": "2025-07-11", "close": 30.176676, "volume": 30518, "typical_volume": 80107.15, "trend": 30.051653, "fair_value": 26.493403, "relative_strength": -6.82868, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 3.510236, "energy": 25.684811, "activity_lines": [ 29.990611, 29.824061, 29.580584, 29.769606 ] }, { "date": "2025-07-18", "close": 30.282053, "volume": 67179, "typical_volume": 76860.35, "trend": 30.04351, "fair_value": 26.544938, "relative_strength": -7.296954, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 24.957229, "energy": 46.089256, "activity_lines": [ 30.13563, 29.928141, 29.640769, 29.78447 ] }, { "date": "2025-07-25", "close": 30.406591, "volume": 74589, "typical_volume": 72375.4, "trend": 30.030937, "fair_value": 26.594418, "relative_strength": -7.328911, "stage": 3, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 29.6239, "energy": 53.85667, "activity_lines": [ 30.267364, 30.035646, 29.717988, 29.807895 ] }, { "date": "2025-08-01", "close": 30.126707, "volume": 87459, "typical_volume": 70600.9, "trend": 30.011805, "fair_value": 26.639466, "relative_strength": -6.329288, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 23.33382, "energy": 45.297031, "activity_lines": [ 30.239212, 30.086689, 29.771664, 29.814074 ] }, { "date": "2025-08-08", "close": 30.242397, "volume": 49725, "typical_volume": 69586.85, "trend": 30.001766, "fair_value": 26.684445, "relative_strength": -8.219518, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 30.543631, "energy": 38.635619, "activity_lines": [ 30.245291, 30.140653, 29.837246, 29.82895 ] }, { "date": "2025-08-15", "close": 30.820833, "volume": 68640, "typical_volume": 70444.85, "trend": 30.000536, "fair_value": 26.73242, "relative_strength": -6.753083, "stage": 3, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 50.08785, "energy": 54.760449, "activity_lines": [ 30.436607, 30.287294, 29.958564, 29.881794 ] }, { "date": "2025-08-22", "close": 31.008821, "volume": 66399, "typical_volume": 68655.75, "trend": 30.001878, "fair_value": 26.786623, "relative_strength": -7.410298, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 53.885439, "energy": 68.80972, "activity_lines": [ 30.647642, 30.45047, 30.094202, 29.946844 ] }, { "date": "2025-08-29", "close": 30.829746, "volume": 56064, "typical_volume": 61075.15, "trend": 29.979342, "fair_value": 26.842433, "relative_strength": -8.485922, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 69.431125, "energy": 81.336871, "activity_lines": [ 30.750534, 30.552927, 30.199087, 30.000255 ] }, { "date": "2025-09-05", "close": 31.140177, "volume": 19208, "typical_volume": 58998.4, "trend": 29.985719, "fair_value": 26.896763, "relative_strength": -8.866314, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 77.887334, "energy": 88.769926, "activity_lines": [ 30.928693, 30.685972, 30.322237, 30.075148 ] }, { "date": "2025-09-12", "close": 31.198381, "volume": 44169, "typical_volume": 57487.15, "trend": 29.998987, "fair_value": 26.95565, "relative_strength": -9.200977, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 76.104263, "energy": 89.276716, "activity_lines": [ 31.058688, 30.809991, 30.436159, 30.153384 ] }, { "date": "2025-09-19", "close": 31.305092, "volume": 54796, "typical_volume": 56848.5, "trend": 30.012099, "fair_value": 27.017211, "relative_strength": -10.154848, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 77.23028, "energy": 87.800462, "activity_lines": [ 31.160522, 30.933964, 30.549045, 30.237649 ] }, { "date": "2025-09-26", "close": 31.605824, "volume": 81901, "typical_volume": 58140.3, "trend": 30.020013, "fair_value": 27.081829, "relative_strength": -9.069204, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 85.583821, "energy": 92.305609, "activity_lines": [ 31.330315, 31.092099, 30.680757, 30.34047 ] }, { "date": "2025-10-03", "close": 32.025547, "volume": 66398, "typical_volume": 59285.9, "trend": 30.052191, "fair_value": 27.148112, "relative_strength": -9.802657, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 90.957976, "energy": 94.491988, "activity_lines": [ 31.600216, 31.302479, 30.841106, 30.469859 ] }, { "date": "2025-10-10", "close": 31.732719, "volume": 64351, "typical_volume": 58150.05, "trend": 30.099512, "fair_value": 27.213288, "relative_strength": -8.563238, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 71.463021, "energy": 81.669726, "activity_lines": [ 31.692788, 31.430182, 30.964397, 30.57828 ] }, { "date": "2025-10-17", "close": 32.064583, "volume": 61328, "typical_volume": 59037.25, "trend": 30.155715, "fair_value": 27.277768, "relative_strength": -8.207154, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 80.78641, "energy": 85.164781, "activity_lines": [ 31.856478, 31.589024, 31.106902, 30.705059 ] }, { "date": "2025-10-24", "close": 32.445267, "volume": 37929, "typical_volume": 58676.5, "trend": 30.234957, "fair_value": 27.341037, "relative_strength": -7.649894, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 86.998196, "energy": 80.333979, "activity_lines": [ 32.089316, 31.78395, 31.273714, 30.852772 ] }, { "date": "2025-10-31", "close": 32.308968, "volume": 106959, "typical_volume": 60587.5, "trend": 30.374177, "fair_value": 27.410089, "relative_strength": -7.520691, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 75.292125, "energy": 69.692654, "activity_lines": [ 32.200709, 31.92456, 31.415189, 30.986579 ] }, { "date": "2025-11-07", "close": 31.955437, "volume": 70689, "typical_volume": 60392.55, "trend": 30.490806, "fair_value": 27.469289, "relative_strength": -7.246415, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.97497, "energy": 65.594062, "activity_lines": [ 32.147383, 31.977252, 31.509428, 31.088596 ] }, { "date": "2025-11-14", "close": 32.220589, "volume": 78294, "typical_volume": 61391.9, "trend": 30.630212, "fair_value": 27.529827, "relative_strength": -7.534894, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.507582, "energy": 65.426728, "activity_lines": [ 32.187114, 32.057686, 31.616787, 31.200195 ] }, { "date": "2025-11-21", "close": 32.200943, "volume": 108422, "typical_volume": 64750.85, "trend": 30.742027, "fair_value": 27.589155, "relative_strength": -6.923554, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.303328, "energy": 58.244719, "activity_lines": [ 32.187772, 32.114905, 31.711995, 31.301532 ] }, { "date": "2025-11-28", "close": 32.514721, "volume": 143326, "typical_volume": 70391.25, "trend": 30.851051, "fair_value": 27.6479, "relative_strength": -9.469182, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 75.271428, "energy": 59.429438, "activity_lines": [ 32.283932, 32.210946, 31.827219, 31.4159 ] }, { "date": "2025-12-05", "close": 32.198563, "volume": 96623, "typical_volume": 71863.45, "trend": 30.950167, "fair_value": 27.705656, "relative_strength": -9.905751, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.012432, "energy": 52.988712, "activity_lines": [ 32.270076, 32.22751, 31.901199, 31.502836 ] }, { "date": "2025-12-12", "close": 32.109642, "volume": 138158, "typical_volume": 75041.9, "trend": 31.017157, "fair_value": 27.76497, "relative_strength": -10.484555, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 58.443049, "energy": 46.395011, "activity_lines": [ 32.23394, 32.21713, 31.957585, 31.577641 ] }, { "date": "2025-12-19", "close": 32.218319, "volume": 92334, "typical_volume": 75285.65, "trend": 31.120084, "fair_value": 27.827057, "relative_strength": -10.485095, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 47.993871, "energy": 39.853113, "activity_lines": [ 32.223749, 32.22498, 32.016211, 31.655135 ] }, { "date": "2025-12-26", "close": 32.080006, "volume": 36563, "typical_volume": 74627.55, "trend": 31.204242, "fair_value": 27.889614, "relative_strength": -11.188929, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 42.57037, "energy": 30.922044, "activity_lines": [ 32.167605, 32.198853, 32.051704, 31.717066 ] }, { "date": "2026-01-02", "close": 31.234045, "volume": 46085, "typical_volume": 73499.8, "trend": 31.250365, "fair_value": 27.945601, "relative_strength": -12.851785, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 6.957918, "energy": 13.044089, "activity_lines": [ 31.837537, 32.018635, 31.997879, 31.718988 ] }, { "date": "2026-01-09", "close": 31.960867, "volume": 125000, "typical_volume": 76429.85, "trend": 31.333724, "fair_value": 28.003897, "relative_strength": -12.439285, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 14.847121, "energy": 15.344909, "activity_lines": [ 31.835121, 31.992588, 32.011307, 31.764827 ] }, { "date": "2026-01-16", "close": 31.747662, "volume": 123500, "typical_volume": 79801.65, "trend": 31.411722, "fair_value": 28.061505, "relative_strength": -13.748997, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 8.009097, "energy": 15.927689, "activity_lines": [ 31.777483, 31.934106, 31.999897, 31.791533 ] }, { "date": "2026-01-23", "close": 31.321262, "volume": 138500, "typical_volume": 85766.25, "trend": 31.453707, "fair_value": 28.113451, "relative_strength": -14.776798, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -11.13903, "energy": 23.734466, "activity_lines": [ 31.601844, 31.801875, 31.943506, 31.785697 ] }, { "date": "2026-01-30", "close": 31.118792, "volume": 187500, "typical_volume": 92932.8, "trend": 31.486708, "fair_value": 28.160476, "relative_strength": -11.690985, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -32.796244, "energy": 40.945296, "activity_lines": [ 31.418518, 31.649182, 31.866969, 31.764089 ] }, { "date": "2026-02-06", "close": 31.226065, "volume": 64800, "typical_volume": 93433.0, "trend": 31.521687, "fair_value": 28.211707, "relative_strength": -12.492329, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -29.054553, "energy": 48.217924, "activity_lines": [ 31.335031, 31.535668, 31.801029, 31.747274 ] }, { "date": "2026-02-13", "close": 30.699453, "volume": 93800, "typical_volume": 94027.95, "trend": 31.535601, "fair_value": 28.257724, "relative_strength": -15.119302, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -52.619002, "energy": 66.751849, "activity_lines": [ 31.076539, 31.349838, 31.685311, 31.694226 ] }, { "date": "2026-02-20", "close": 31.118792, "volume": 99300, "typical_volume": 95673.05, "trend": 31.559341, "fair_value": 28.30822, "relative_strength": -15.39247, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -36.388915, "energy": 58.86418, "activity_lines": [ 31.041921, 31.267507, 31.613846, 31.667335 ] }, { "date": "2026-02-27", "close": 31.157309, "volume": 115100, "typical_volume": 98210.5, "trend": 31.593694, "fair_value": 28.356904, "relative_strength": -16.090081, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -33.631653, "energy": 49.094122, "activity_lines": [ 31.062066, 31.210195, 31.550367, 31.641398 ] }, { "date": "2026-03-06", "close": 30.74515, "volume": 109200, "typical_volume": 100604.1, "trend": 31.610453, "fair_value": 28.40416, "relative_strength": -13.555917, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -70.319513, "energy": 62.348783, "activity_lines": [ 30.955756, 31.097235, 31.450375, 31.586653 ] }, { "date": "2026-03-13", "close": 30.735336, "volume": 103200, "typical_volume": 103867.65, "trend": 31.607603, "fair_value": 28.447604, "relative_strength": -11.686454, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.65293, "energy": 48.645182, "activity_lines": [ 30.871083, 31.006762, 31.355732, 31.530194 ] }, { "date": "2026-03-20", "close": 30.254484, "volume": 87400, "typical_volume": 102889.7, "trend": 31.582458, "fair_value": 28.486119, "relative_strength": -9.260193, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -76.987422, "energy": 61.166965, "activity_lines": [ 30.658842, 30.837928, 31.223436, 31.442896 ] }, { "date": "2026-03-27", "close": 30.175976, "volume": 93900, "typical_volume": 104050.25, "trend": 31.560666, "fair_value": 28.523533, "relative_strength": -10.882264, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -73.657108, "energy": 71.332267, "activity_lines": [ 30.450096, 30.685846, 31.093445, 31.352155 ] }, { "date": "2026-04-03", "close": 30.966183, "volume": 55500, "typical_volume": 102910.55, "trend": 31.554866, "fair_value": 28.566596, "relative_strength": -11.271035, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.857237, "energy": 52.74462, "activity_lines": [ 30.567606, 30.706013, 31.047187, 31.313801 ] }, { "date": "2026-04-10", "close": 31.232876, "volume": 94000, "typical_volume": 102189.45, "trend": 31.556016, "fair_value": 28.61174, "relative_strength": -11.616808, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -47.40179, "energy": 35.542746, "activity_lines": [ 30.786756, 30.781126, 31.032301, 31.293028 ] }, { "date": "2026-04-17", "close": 31.706997, "volume": 84000, "typical_volume": 99223.15, "trend": 31.569413, "fair_value": 28.658119, "relative_strength": -11.592208, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -17.010481, "energy": 15.166238, "activity_lines": [ 31.131432, 30.940369, 31.067179, 31.302769 ] }, { "date": "2026-04-24", "close": 31.618099, "volume": 80400, "typical_volume": 98412.0, "trend": 31.569822, "fair_value": 28.703018, "relative_strength": -10.302361, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -9.069715, "energy": 23.01533, "activity_lines": [ 31.381697, 31.074704, 31.097437, 31.30591 ] }, { "date": "2026-05-01", "close": 31.476555, "volume": 88400, "typical_volume": 95924.1, "trend": 31.551522, "fair_value": 28.750373, "relative_strength": -10.272365, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -4.597425, "energy": 24.621359, "activity_lines": [ 31.493873, 31.166601, 31.116979, 31.299893 ] }, { "date": "2026-05-08", "close": 31.861858, "volume": 70800, "typical_volume": 94847.4, "trend": 31.555827, "fair_value": 28.797849, "relative_strength": -9.304794, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 29.176745, "energy": 35.79538, "activity_lines": [ 31.647778, 31.322049, 31.176231, 31.319914 ] }, { "date": "2026-05-15", "close": 32.276802, "volume": 73900, "typical_volume": 96714.25, "trend": 31.562901, "fair_value": 28.847291, "relative_strength": -7.104803, "stage": 3, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 40.313491, "energy": 57.823899, "activity_lines": [ 31.880287, 31.540131, 31.276699, 31.366429 ] }, { "date": "2026-05-22", "close": 32.662113, "volume": 116300, "typical_volume": 100225.0, "trend": 31.570129, "fair_value": 28.897121, "relative_strength": -7.42697, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 47.310054, "energy": 68.058745, "activity_lines": [ 32.171637, 31.800421, 31.412926, 31.437346 ] }, { "date": "2026-05-29", "close": 32.666782, "volume": 80200, "typical_volume": 97985.0, "trend": 31.582056, "fair_value": 28.947412, "relative_strength": -7.878316, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 50.239089, "energy": 72.937258, "activity_lines": [ 32.400869, 32.026528, 31.542798, 31.508097 ] }, { "date": "2026-06-05", "close": 32.761208, "volume": 17200, "typical_volume": 92670.0, "trend": 31.608915, "fair_value": 28.999649, "relative_strength": -6.343975, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 47.781971, "energy": 76.226564, "activity_lines": [ 32.591665, 32.225943, 31.678301, 31.584172 ] }, { "date": "2026-06-12", "close": 32.781086, "volume": 5700, "typical_volume": 86030.0, "trend": 31.627598, "fair_value": 29.051102, "relative_strength": -7.390177, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 72.37583, "energy": 86.388306, "activity_lines": [ 32.703442, 32.381969, 31.81087, 31.659796 ] }, { "date": "2026-06-19", "close": 32.989819, "volume": 23200, "typical_volume": 77815.0, "trend": 31.653894, "fair_value": 29.105448, "relative_strength": -6.588027, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 77.04922, "energy": 88.757506, "activity_lines": [ 32.823516, 32.542947, 31.956368, 31.747681 ] }, { "date": "2026-06-26", "close": 32.764393, "volume": 19900, "typical_volume": 75570.0, "trend": 31.662216, "fair_value": 29.156516, "relative_strength": -6.91978, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.456333, "energy": 80.347492, "activity_lines": [ 32.820913, 32.630994, 32.071486, 31.819326 ] }, { "date": "2026-07-03", "close": 33.470177, "volume": 11600, "typical_volume": 71460.0, "trend": 31.704604, "fair_value": 29.212864, "relative_strength": -5.338768, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 85.618014, "energy": 86.565683, "activity_lines": [ 33.046753, 32.828141, 32.246497, 31.935969 ] }, { "date": "2026-07-10", "close": 33.5, "volume": 66900, "typical_volume": 69840.0, "trend": 31.750949, "fair_value": 29.267892, "relative_strength": -5.104763, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 80.458656, "energy": 85.109739, "activity_lines": [ 33.228974, 32.997036, 32.411154, 32.051801 ] }, { "date": "2026-07-17", "close": 33.201782, "volume": 77800, "typical_volume": 67975.0, "trend": 31.783731, "fair_value": 29.320253, "relative_strength": -5.535441, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.492329, "energy": 71.202337, "activity_lines": [ 33.262536, 33.074919, 32.536071, 32.145403 ] }, { "date": "2026-07-24", "close": 33.34095, "volume": 55000, "typical_volume": 65265.0, "trend": 31.825762, "fair_value": 29.371937, "relative_strength": -5.122773, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.025875, "energy": 73.546348, "activity_lines": [ 33.314442, 33.153743, 32.664506, 32.245869 ] }, { "date": "2026-07-31", "close": 33.5, "volume": 47000, "typical_volume": 62455.0, "trend": 31.901294, "fair_value": 29.425075, "relative_strength": -3.978448, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 70.413003, "energy": 65.253261, "activity_lines": [ 33.395955, 33.242138, 32.795727, 32.353884 ] }, { "date": "2026-08-07", "close": 33.790001, "volume": 70600, "typical_volume": 61615.0, "trend": 31.962265, "fair_value": 29.479584, "relative_strength": -5.928745, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 79.180364, "energy": 67.682856, "activity_lines": [ 33.525095, 33.368025, 32.941403, 32.475736 ] } ], "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." } } }