{ "ticker": { "uuid": "bd218677-68f7-4608-9283-c175fa352b99", "symbol": "EFIV", "name": "STATE STREET SPDR S&P 500 ESG 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": 86.984, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Established expansion", "architecture_gate": "up", "architecture_direction": 83.679, "architecture_energy": 57.502, "architecture_maturity": 53.252, "architecture_confidence": 73.099, "architecture_tenure": "Established", "architecture": { "interpretation": { "headline": "The weekly architecture is expanding upward.", "body": "Trend and Activity show sustained positive alignment with constructive price acceptance. Directional energy remains positive; cooling within this regime can indicate that it is maturing." }, "scores": { "balance": 22.97, "rotation_up": 56.81, "upward_expansion": 81.54, "deceleration": 63.83, "rotation_down": 25.58, "downward_expansion": 8.2 }, "activity_lines": [ 73.186, 72.70106, 71.896309, 70.496463 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.666667 }, "latest_close": 75.41, "trend_reference": 68.951679, "distance_from_trend": 0.093664, "trend_direction": "Improving", "fair_value": 56.177732, "distance_from_fair_value": 0.342347, "fair_value_direction": "Improving", "relative_strength": 0.776789, "relative_strength_direction": "Improving", "price_momentum": 0.117735, "excess_performance": -0.00789, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.093664, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.034602, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.342347, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.015149, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.007768, "read": "Leading" }, { "label": "Relative strength direction", "positive": true, "value": 0.00388, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.117735, "read": "Positive" }, { "label": "Volume balance", "positive": false, "value": 0.710956, "read": "Supply-led" } ], "volume": { "latest": 174504, "relative_activity": 0.722689, "balance": 0.710956, "dry_up": 1.975151, "accumulation_observations": 1, "distribution_observations": 1 }, "risk": { "range_context": 0.023719, "annualized_volatility": 0.139618, "from_high_reference": -0.006719, "from_low_reference": 0.257588 }, "levels": { "trend_reference": 68.951679, "fair_value_reference": 56.177732, "structural_low": 61.095, "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 33, "median_return": 0.016021, "positive_rate": 0.818182, "directional_follow_through": 0.818182, "median_excess_return": 0.001217, "regime_survival": 0.848485, "best_return": 0.073837, "worst_return": -0.052174, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 12, "median_return": 0.047684, "positive_rate": 0.916667, "directional_follow_through": 0.916667, "median_excess_return": 0.001362, "regime_survival": 0.666667, "best_return": 0.120003, "worst_return": -0.056719, "sufficient": true }, { "horizon": "Extended", "sample_count": 6, "median_return": 0.104408, "positive_rate": 1.0, "directional_follow_through": 1.0, "median_excess_return": 0.001329, "regime_survival": 0.666667, "best_return": 0.147321, "worst_return": 0.056477, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 3, "median_return": 0.21787, "positive_rate": 1.0, "directional_follow_through": 1.0, "median_excess_return": 0.014055, "regime_survival": 0.666667, "best_return": 0.259345, "worst_return": 0.187309, "sufficient": false } ], "ledger": [ { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-04-26", "end": "2024-05-17", "tenure": "New", "return": 0.040474, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-05-24", "end": "2024-08-09", "tenure": "Developing", "return": 0.009356, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-08-16", "end": "2024-08-30", "tenure": "New", "return": 0.015717, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-09-06", "end": "2025-01-03", "tenure": "Established", "return": 0.091297, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-01-10", "end": "2025-03-14", "tenure": "Developing", "return": -0.040243, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-03-21", "end": "2025-04-04", "tenure": "New", "return": -0.100502, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-04-11", "end": "2025-05-23", "tenure": "Developing", "return": 0.071415, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-05-30", "end": "2025-06-06", "tenure": "New", "return": 0.021931, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-06-13", "end": "2025-07-18", "tenure": "Developing", "return": 0.057174, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-07-25", "end": "2026-03-06", "tenure": "Extended", "return": 0.081937, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-03-13", "end": "2026-03-20", "tenure": "New", "return": -0.017134, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2026-03-27", "end": "2026-04-10", "tenure": "New", "return": 0.070581, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2026-04-17", "end": "2026-05-01", "tenure": "New", "return": 0.008639, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-05-08", "end": "2026-08-07", "tenure": "Established", "return": 0.060328, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 41.01453, "volume": 676740, "typical_volume": 472575.6, "trend": 39.228491, "fair_value": 36.881672, "relative_strength": 0.91572, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 50.415213, "energy": 46.178622, "activity_lines": [ 41.770769, 41.836848, 41.119608, 40.281723 ] }, { "date": "2023-08-25", "close": 41.372271, "volume": 308295, "typical_volume": 451361.35, "trend": 39.361071, "fair_value": 36.950834, "relative_strength": 0.961666, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 42.863329, "energy": 31.284388, "activity_lines": [ 41.546185, 41.772504, 41.218205, 40.420031 ] }, { "date": "2023-09-01", "close": 42.493838, "volume": 635569, "typical_volume": 452687.25, "trend": 39.513768, "fair_value": 37.031805, "relative_strength": 1.082354, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 57.355965, "energy": 37.328137, "activity_lines": [ 41.769918, 41.911026, 41.407841, 40.622145 ] }, { "date": "2023-09-08", "close": 41.913717, "volume": 149374, "typical_volume": 449269.8, "trend": 39.660747, "fair_value": 37.114474, "relative_strength": 0.93236, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 42.763378, "energy": 30.714527, "activity_lines": [ 41.831856, 41.911725, 41.522534, 40.776981 ] }, { "date": "2023-09-15", "close": 41.874748, "volume": 74238, "typical_volume": 385255.5, "trend": 39.811035, "fair_value": 37.198598, "relative_strength": 0.925764, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 44.516249, "energy": 35.315202, "activity_lines": [ 41.884613, 41.900066, 41.616353, 40.919819 ] }, { "date": "2023-09-22", "close": 40.545545, "volume": 199613, "typical_volume": 333886.85, "trend": 39.948994, "fair_value": 37.274635, "relative_strength": 0.627331, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 26.023665, "energy": 20.501195, "activity_lines": [ 41.488521, 41.634363, 41.568716, 40.967207 ] }, { "date": "2023-09-29", "close": 40.256322, "volume": 121376, "typical_volume": 327951.95, "trend": 40.053806, "fair_value": 37.346108, "relative_strength": 0.561033, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -2.629891, "energy": 12.205888, "activity_lines": [ 41.027287, 41.345871, 41.48408, 40.987035 ] }, { "date": "2023-10-06", "close": 40.623162, "volume": 600392, "typical_volume": 332783.05, "trend": 40.22569, "fair_value": 37.413003, "relative_strength": 0.955428, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 2.975741, "energy": 18.759685, "activity_lines": [ 40.76273, 41.164676, 41.426029, 41.023767 ] }, { "date": "2023-10-13", "close": 40.826909, "volume": 246564, "typical_volume": 332312.45, "trend": 40.378951, "fair_value": 37.480286, "relative_strength": 0.969268, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 2.261168, "energy": 21.726217, "activity_lines": [ 40.6908, 41.06315, 41.380515, 41.062556 ] }, { "date": "2023-10-20", "close": 39.837283, "volume": 52716, "typical_volume": 322695.65, "trend": 40.482206, "fair_value": 37.542539, "relative_strength": 0.908518, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -32.666215, "energy": 40.918882, "activity_lines": [ 40.361448, 40.802491, 41.233842, 41.027609 ] }, { "date": "2023-10-27", "close": 38.808849, "volume": 721377, "typical_volume": 346737.35, "trend": 40.509758, "fair_value": 37.609537, "relative_strength": 0.787981, "stage": 2, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -44.596906, "energy": 58.218362, "activity_lines": [ 39.825117, 40.390313, 40.990573, 40.919651 ] }, { "date": "2023-11-03", "close": 41.117975, "volume": 195246, "typical_volume": 334706.4, "trend": 40.611713, "fair_value": 37.676475, "relative_strength": 0.850958, "stage": 2, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -15.08051, "energy": 22.987343, "activity_lines": [ 40.174273, 40.438078, 40.974121, 40.958891 ] }, { "date": "2023-11-10", "close": 41.738917, "volume": 290219, "typical_volume": 332523.75, "trend": 40.724412, "fair_value": 37.744358, "relative_strength": 0.967932, "stage": 2, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": 3.956231, "energy": 10.164358, "activity_lines": [ 40.672967, 40.603366, 41.017742, 41.031614 ] }, { "date": "2023-11-17", "close": 42.612116, "volume": 252303, "typical_volume": 309666.6, "trend": 40.867823, "fair_value": 37.81962, "relative_strength": 0.723503, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 44.164049, "energy": 26.515761, "activity_lines": [ 41.388344, 40.941143, 41.139648, 41.153401 ] }, { "date": "2023-11-24", "close": 43.009907, "volume": 275710, "typical_volume": 320874.65, "trend": 41.009723, "fair_value": 37.893231, "relative_strength": 0.627507, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 71.648778, "energy": 51.240377, "activity_lines": [ 42.117303, 41.338547, 41.294731, 41.2916 ] }, { "date": "2023-12-01", "close": 43.339782, "volume": 130619, "typical_volume": 322168.35, "trend": 41.169041, "fair_value": 37.965416, "relative_strength": 0.530579, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 75.236488, "energy": 75.773416, "activity_lines": [ 42.744713, 41.77529, 41.472586, 41.441926 ] }, { "date": "2023-12-08", "close": 43.484539, "volume": 90623, "typical_volume": 321550.8, "trend": 41.335111, "fair_value": 38.041272, "relative_strength": 0.593136, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 75.127041, "energy": 81.516729, "activity_lines": [ 43.118313, 42.187547, 41.658726, 41.591313 ] }, { "date": "2023-12-15", "close": 44.398201, "volume": 124914, "typical_volume": 313612.2, "trend": 41.509019, "fair_value": 38.12028, "relative_strength": 0.280263, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 83.02621, "energy": 86.578983, "activity_lines": [ 43.638696, 42.70723, 41.927141, 41.788932 ] }, { "date": "2023-12-22", "close": 44.787744, "volume": 185544, "typical_volume": 300739.7, "trend": 41.689412, "fair_value": 38.201962, "relative_strength": 0.213796, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 83.030263, "energy": 89.983961, "activity_lines": [ 44.111641, 43.229102, 42.225843, 42.000463 ] }, { "date": "2023-12-29", "close": 44.992255, "volume": 60533, "typical_volume": 269598.25, "trend": 41.851795, "fair_value": 38.282269, "relative_strength": 0.293469, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 80.131677, "energy": 91.001109, "activity_lines": [ 44.507714, 43.716143, 42.530608, 42.213549 ] }, { "date": "2024-01-05", "close": 44.250759, "volume": 289734, "typical_volume": 250247.95, "trend": 41.984883, "fair_value": 38.354282, "relative_strength": 0.169795, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 67.342235, "energy": 84.290301, "activity_lines": [ 44.524466, 43.97464, 42.749497, 42.368321 ] }, { "date": "2024-01-12", "close": 45.099379, "volume": 188612, "typical_volume": 244263.8, "trend": 42.111053, "fair_value": 38.434829, "relative_strength": 0.19281, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 75.161735, "energy": 84.764926, "activity_lines": [ 44.763359, 44.288487, 43.033795, 42.569256 ] }, { "date": "2024-01-19", "close": 45.654478, "volume": 78905, "typical_volume": 216430.6, "trend": 42.275709, "fair_value": 38.513639, "relative_strength": 0.196401, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 80.527908, "energy": 82.974594, "activity_lines": [ 45.079629, 44.630872, 43.353213, 42.797864 ] }, { "date": "2024-01-26", "close": 46.14092, "volume": 154621, "typical_volume": 216692.95, "trend": 42.426285, "fair_value": 38.602088, "relative_strength": 0.207383, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 83.469942, "energy": 85.869684, "activity_lines": [ 45.474295, 44.990509, 43.703907, 43.047233 ] }, { "date": "2024-02-02", "close": 46.560166, "volume": 897819, "typical_volume": 257872.0, "trend": 42.605145, "fair_value": 38.6847, "relative_strength": -0.318582, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 85.379716, "energy": 93.498399, "activity_lines": [ 45.918497, 45.362212, 44.0744, 43.313935 ] }, { "date": "2024-02-09", "close": 47.368469, "volume": 178761, "typical_volume": 256829.4, "trend": 42.777946, "fair_value": 38.7702, "relative_strength": 0.001699, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 88.685773, "energy": 95.217666, "activity_lines": [ 46.527607, 45.81633, 44.499563, 43.621246 ] }, { "date": "2024-02-16", "close": 47.056834, "volume": 373841, "typical_volume": 269452.65, "trend": 42.9302, "fair_value": 38.855309, "relative_strength": -0.341417, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 76.403649, "energy": 90.857217, "activity_lines": [ 46.824991, 46.140538, 44.862556, 43.897303 ] }, { "date": "2024-02-23", "close": 47.904091, "volume": 315185, "typical_volume": 255192.3, "trend": 43.094753, "fair_value": 38.950336, "relative_strength": -0.234921, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 84.951795, "energy": 91.922734, "activity_lines": [ 47.274297, 46.553842, 45.273857, 44.2182 ] }, { "date": "2024-03-01", "close": 48.25468, "volume": 202886, "typical_volume": 253008.4, "trend": 43.304214, "fair_value": 39.045781, "relative_strength": -0.50211, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 83.36737, "energy": 79.070007, "activity_lines": [ 47.690491, 46.967145, 45.683876, 44.551098 ] }, { "date": "2024-03-08", "close": 48.11834, "volume": 160012, "typical_volume": 258373.2, "trend": 43.515224, "fair_value": 39.135559, "relative_strength": -0.578731, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 74.210533, "energy": 69.603348, "activity_lines": [ 47.920322, 47.292625, 46.04554, 44.861687 ] }, { "date": "2024-03-15", "close": 48.16564, "volume": 179087, "typical_volume": 231258.7, "trend": 43.753595, "fair_value": 39.226915, "relative_strength": -0.428088, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 71.925682, "energy": 68.770964, "activity_lines": [ 48.062041, 47.569866, 46.372275, 45.161714 ] }, { "date": "2024-03-22", "close": 49.327823, "volume": 130954, "typical_volume": 228044.1, "trend": 44.01878, "fair_value": 39.322369, "relative_strength": -0.261181, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 86.411397, "energy": 73.661469, "activity_lines": [ 48.53801, 47.987234, 46.765138, 45.521341 ] }, { "date": "2024-03-29", "close": 49.464574, "volume": 172362, "typical_volume": 222151.25, "trend": 44.251137, "fair_value": 39.415831, "relative_strength": -0.349142, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 81.832645, "energy": 71.861078, "activity_lines": [ 48.908163, 48.352585, 47.131931, 45.872683 ] }, { "date": "2024-04-05", "close": 48.976179, "volume": 750482, "typical_volume": 247060.2, "trend": 44.486553, "fair_value": 39.499265, "relative_strength": -0.452075, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.398161, "energy": 66.297377, "activity_lines": [ 49.011485, 48.559862, 47.415421, 46.177524 ] }, { "date": "2024-04-12", "close": 48.341267, "volume": 231326, "typical_volume": 244841.0, "trend": 44.702103, "fair_value": 39.575592, "relative_strength": -0.290222, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.346228, "energy": 64.438134, "activity_lines": [ 48.855071, 48.600151, 47.608138, 46.426216 ] }, { "date": "2024-04-19", "close": 46.754181, "volume": 121040, "typical_volume": 244362.05, "trend": 44.909058, "fair_value": 39.641837, "relative_strength": -0.510628, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 49.04463, "energy": 43.508017, "activity_lines": [ 48.154765, 48.319495, 47.624316, 46.558608 ] }, { "date": "2024-04-26", "close": 48.253356, "volume": 651109, "typical_volume": 272386.35, "trend": 45.175626, "fair_value": 39.717413, "relative_strength": 0.024723, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 42.481873, "energy": 30.882139, "activity_lines": [ 48.048282, 48.322585, 47.767015, 46.774369 ] }, { "date": "2024-05-03", "close": 48.517089, "volume": 323766, "typical_volume": 282328.95, "trend": 45.438757, "fair_value": 39.791555, "relative_strength": -0.026214, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 43.424385, "energy": 26.729273, "activity_lines": [ 48.101342, 48.351871, 47.912121, 46.989947 ] }, { "date": "2024-05-10", "close": 49.288752, "volume": 239542, "typical_volume": 285028.85, "trend": 45.720818, "fair_value": 39.873977, "relative_strength": -0.292827, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 57.380801, "energy": 35.294569, "activity_lines": [ 48.474788, 48.510315, 48.111106, 47.238334 ] }, { "date": "2024-05-17", "close": 50.206347, "volume": 107278, "typical_volume": 287366.1, "trend": 46.066454, "fair_value": 39.963561, "relative_strength": -0.085581, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 78.928543, "energy": 57.213142, "activity_lines": [ 49.13326, 48.816792, 48.376048, 47.527723 ] }, { "date": "2024-05-24", "close": 50.350716, "volume": 172312, "typical_volume": 281495.0, "trend": 46.451183, "fair_value": 40.051412, "relative_strength": 0.203852, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 77.166394, "energy": 78.157852, "activity_lines": [ 49.715517, 49.111555, 48.62991, 47.804127 ] }, { "date": "2024-05-31", "close": 50.31438, "volume": 427381, "typical_volume": 293433.45, "trend": 46.757729, "fair_value": 40.137593, "relative_strength": 0.518809, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 71.563681, "energy": 80.393977, "activity_lines": [ 50.045893, 49.359983, 48.851264, 48.053365 ] }, { "date": "2024-06-07", "close": 50.98348, "volume": 191418, "typical_volume": 299059.1, "trend": 47.065881, "fair_value": 40.226747, "relative_strength": 0.579608, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 78.514857, "energy": 85.701107, "activity_lines": [ 50.461901, 49.712128, 49.111508, 48.325995 ] }, { "date": "2024-06-14", "close": 51.780735, "volume": 549511, "typical_volume": 318803.6, "trend": 47.371502, "fair_value": 40.324787, "relative_strength": 0.494306, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 83.392663, "energy": 87.604216, "activity_lines": [ 50.979234, 50.181611, 49.422305, 48.630179 ] }, { "date": "2024-06-21", "close": 52.11609, "volume": 153227, "typical_volume": 281574.0, "trend": 47.675042, "fair_value": 40.418844, "relative_strength": 0.490896, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 82.248316, "energy": 87.704441, "activity_lines": [ 51.44222, 50.661077, 49.738185, 48.936281 ] }, { "date": "2024-06-28", "close": 52.03769, "volume": 750253, "typical_volume": 310148.6, "trend": 47.964972, "fair_value": 40.507769, "relative_strength": 0.385105, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 74.809845, "energy": 84.980121, "activity_lines": [ 51.751757, 51.057654, 50.020141, 49.217742 ] }, { "date": "2024-07-05", "close": 53.135284, "volume": 961709, "typical_volume": 339542.0, "trend": 48.286663, "fair_value": 40.602527, "relative_strength": 0.565638, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 85.062785, "energy": 90.047423, "activity_lines": [ 52.314693, 51.557731, 50.384395, 49.551311 ] }, { "date": "2024-07-12", "close": 53.75268, "volume": 1037977, "typical_volume": 375681.6, "trend": 48.598479, "fair_value": 40.703347, "relative_strength": 0.746445, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 85.774799, "energy": 91.111477, "activity_lines": [ 52.895368, 52.081299, 50.778504, 49.903957 ] }, { "date": "2024-07-19", "close": 52.684486, "volume": 345790, "typical_volume": 382826.8, "trend": 48.861704, "fair_value": 40.792842, "relative_strength": 0.709083, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 67.518925, "energy": 77.696152, "activity_lines": [ 52.935365, 52.315457, 51.04303, 50.16757 ] }, { "date": "2024-07-26", "close": 52.11609, "volume": 1131149, "typical_volume": 431383.65, "trend": 49.099165, "fair_value": 40.879888, "relative_strength": 0.447745, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.237111, "energy": 63.359093, "activity_lines": [ 52.725646, 52.38453, 51.232329, 50.377531 ] }, { "date": "2024-08-02", "close": 51.028296, "volume": 1265969, "typical_volume": 485727.75, "trend": 49.325083, "fair_value": 40.957744, "relative_strength": 0.470808, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 50.050513, "energy": 44.217017, "activity_lines": [ 52.153329, 52.2211, 51.298991, 50.501991 ] }, { "date": "2024-08-09", "close": 50.821811, "volume": 484857, "typical_volume": 503422.9, "trend": 49.515831, "fair_value": 41.032141, "relative_strength": 0.042013, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 38.877655, "energy": 24.211008, "activity_lines": [ 51.579477, 52.007807, 51.332356, 50.598554 ] }, { "date": "2024-08-16", "close": 52.949085, "volume": 250068, "typical_volume": 507308.2, "trend": 49.758984, "fair_value": 41.121436, "relative_strength": 0.215794, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 51.675072, "energy": 27.047364, "activity_lines": [ 51.868948, 52.172065, 51.561205, 50.820054 ] }, { "date": "2024-08-23", "close": 53.78208, "volume": 885862, "typical_volume": 514077.2, "trend": 50.01369, "fair_value": 41.212349, "relative_strength": 0.369863, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 71.237732, "energy": 40.222141, "activity_lines": [ 52.489657, 52.452039, 51.852794, 51.079609 ] }, { "date": "2024-08-30", "close": 53.781296, "volume": 703705, "typical_volume": 537696.15, "trend": 50.254394, "fair_value": 41.301508, "relative_strength": 0.094332, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 70.745238, "energy": 50.602326, "activity_lines": [ 53.036932, 52.695482, 52.121422, 51.32268 ] }, { "date": "2024-09-06", "close": 51.547693, "volume": 241305, "typical_volume": 543709.4, "trend": 50.393701, "fair_value": 41.380918, "relative_strength": 0.077727, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 56.15091, "energy": 42.811823, "activity_lines": [ 52.728658, 52.502539, 52.151422, 51.406119 ] }, { "date": "2024-09-13", "close": 53.478281, "volume": 170294, "typical_volume": 519668.65, "trend": 50.60775, "fair_value": 41.473569, "relative_strength": -0.168131, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 64.250598, "energy": 45.168247, "activity_lines": [ 53.029287, 52.669521, 52.342461, 51.605124 ] }, { "date": "2024-09-20", "close": 54.076667, "volume": 93799, "typical_volume": 508170.3, "trend": 50.813502, "fair_value": 41.568887, "relative_strength": -0.459072, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 69.045478, "energy": 45.633894, "activity_lines": [ 53.352281, 52.939064, 52.565609, 51.828925 ] }, { "date": "2024-09-27", "close": 54.499371, "volume": 640642, "typical_volume": 528225.3, "trend": 51.021659, "fair_value": 41.672343, "relative_strength": -0.244612, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 70.010491, "energy": 46.379528, "activity_lines": [ 53.741003, 53.279572, 52.802539, 52.066723 ] }, { "date": "2024-10-04", "close": 54.558353, "volume": 192109, "typical_volume": 532466.85, "trend": 51.236326, "fair_value": 41.773523, "relative_strength": -0.387053, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 68.916, "energy": 62.42396, "activity_lines": [ 54.101567, 53.597806, 53.020275, 52.294897 ] }, { "date": "2024-10-11", "close": 55.207155, "volume": 120110, "typical_volume": 529856.75, "trend": 51.471043, "fair_value": 41.873736, "relative_strength": -0.337361, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 72.086954, "energy": 69.924386, "activity_lines": [ 54.626594, 53.989599, 53.279078, 52.551079 ] }, { "date": "2024-10-18", "close": 55.728163, "volume": 177449, "typical_volume": 517360.15, "trend": 51.684388, "fair_value": 41.972893, "relative_strength": -0.248223, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 76.180429, "energy": 76.798436, "activity_lines": [ 55.081327, 54.400141, 53.564374, 52.825732 ] }, { "date": "2024-10-25", "close": 55.374271, "volume": 197111, "typical_volume": 517644.8, "trend": 51.881377, "fair_value": 42.064708, "relative_strength": 0.071358, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 67.806473, "energy": 73.267697, "activity_lines": [ 55.268103, 54.657133, 53.790187, 53.063789 ] }, { "date": "2024-11-01", "close": 54.332256, "volume": 1082196, "typical_volume": 544279.05, "trend": 52.059913, "fair_value": 42.143916, "relative_strength": -0.421593, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 62.91608, "energy": 57.594352, "activity_lines": [ 55.021034, 54.680574, 53.895851, 53.22191 ] }, { "date": "2024-11-08", "close": 56.897973, "volume": 1446391, "typical_volume": 608937.25, "trend": 52.345137, "fair_value": 42.240492, "relative_strength": -0.434227, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 82.486703, "energy": 66.914349, "activity_lines": [ 55.640346, 55.160505, 54.23372, 53.534043 ] }, { "date": "2024-11-15", "close": 55.865788, "volume": 1219252, "typical_volume": 632387.2, "trend": 52.648857, "fair_value": 42.328281, "relative_strength": -0.155521, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.112885, "energy": 52.765212, "activity_lines": [ 55.75962, 55.3961, 54.450514, 53.761182 ] }, { "date": "2024-11-22", "close": 56.789839, "volume": 293928, "typical_volume": 598998.15, "trend": 52.933407, "fair_value": 42.427783, "relative_strength": -0.159798, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 74.979114, "energy": 57.814586, "activity_lines": [ 56.143003, 55.721192, 54.737084, 54.028342 ] }, { "date": "2024-11-29", "close": 57.41898, "volume": 205770, "typical_volume": 557387.8, "trend": 53.230136, "fair_value": 42.534393, "relative_strength": -0.225349, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 78.634568, "energy": 78.602151, "activity_lines": [ 56.665321, 56.100465, 55.066169, 54.317734 ] }, { "date": "2024-12-06", "close": 57.733551, "volume": 1211723, "typical_volume": 600684.45, "trend": 53.51163, "fair_value": 42.632707, "relative_strength": -0.531179, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 77.591821, "energy": 84.790444, "activity_lines": [ 57.156183, 56.476162, 55.407755, 54.608277 ] }, { "date": "2024-12-13", "close": 57.192883, "volume": 1596423, "typical_volume": 623948.15, "trend": 53.744514, "fair_value": 42.733831, "relative_strength": -0.858883, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.827969, "energy": 82.795294, "activity_lines": [ 57.240068, 56.694753, 55.673806, 54.845777 ] }, { "date": "2024-12-20", "close": 56.165109, "volume": 674011, "typical_volume": 594350.25, "trend": 53.938327, "fair_value": 42.822013, "relative_strength": -0.804183, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.219997, "energy": 59.389101, "activity_lines": [ 56.961702, 56.678575, 55.817799, 55.001945 ] }, { "date": "2024-12-27", "close": 56.520147, "volume": 390820, "typical_volume": 589648.4, "trend": 54.145186, "fair_value": 42.910216, "relative_strength": -0.807154, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 58.541844, "energy": 46.080469, "activity_lines": [ 56.781727, 56.709533, 55.971143, 55.168514 ] }, { "date": "2025-01-03", "close": 56.253868, "volume": 1574429, "typical_volume": 655866.45, "trend": 54.320866, "fair_value": 43.002053, "relative_strength": -0.749184, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 42.720879, "energy": 30.277113, "activity_lines": [ 56.530971, 56.677676, 56.071993, 55.304558 ] }, { "date": "2025-01-10", "close": 55.139442, "volume": 388268, "typical_volume": 630986.75, "trend": 54.432823, "fair_value": 43.087267, "relative_strength": -0.778155, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 27.674163, "energy": 20.539788, "activity_lines": [ 55.986415, 56.427204, 56.050969, 55.357369 ] }, { "date": "2025-01-17", "close": 56.608907, "volume": 414075, "typical_volume": 616505.25, "trend": 54.582583, "fair_value": 43.19657, "relative_strength": -1.024922, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 34.662342, "energy": 19.323201, "activity_lines": [ 56.104621, 56.429231, 56.163432, 55.497761 ] }, { "date": "2025-01-24", "close": 57.368294, "volume": 773481, "typical_volume": 643114.05, "trend": 54.76027, "fair_value": 43.30826, "relative_strength": -1.381262, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 48.585548, "energy": 25.072309, "activity_lines": [ 56.514887, 56.574584, 56.334751, 55.677485 ] }, { "date": "2025-01-31", "close": 56.608907, "volume": 268825, "typical_volume": 648040.6, "trend": 54.876057, "fair_value": 43.409453, "relative_strength": -1.665974, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 46.655144, "energy": 25.413647, "activity_lines": [ 56.591812, 56.554549, 56.406032, 55.796752 ] }, { "date": "2025-02-07", "close": 56.30811, "volume": 309278, "typical_volume": 658814.55, "trend": 54.961238, "fair_value": 43.51384, "relative_strength": -1.978219, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 47.688156, "energy": 29.971314, "activity_lines": [ 56.562554, 56.483113, 56.433757, 55.889142 ] }, { "date": "2025-02-14", "close": 57.309121, "volume": 137330, "typical_volume": 633648.95, "trend": 55.115393, "fair_value": 43.628418, "relative_strength": -1.668813, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 59.113126, "energy": 36.743823, "activity_lines": [ 56.863351, 56.613876, 56.54619, 56.040618 ] }, { "date": "2025-02-21", "close": 56.618769, "volume": 608467, "typical_volume": 654466.85, "trend": 55.265482, "fair_value": 43.737217, "relative_strength": -1.249823, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 48.914587, "energy": 27.538458, "activity_lines": [ 56.789384, 56.626838, 56.579496, 56.13761 ] }, { "date": "2025-02-28", "close": 56.046762, "volume": 172893, "typical_volume": 657106.0, "trend": 55.432764, "fair_value": 43.84558, "relative_strength": -1.280571, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 21.563486, "energy": 12.348968, "activity_lines": [ 56.524092, 56.546237, 56.548514, 56.188016 ] }, { "date": "2025-03-07", "close": 54.458952, "volume": 297627, "typical_volume": 663114.9, "trend": 55.554002, "fair_value": 43.950505, "relative_strength": -1.022494, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -5.370067, "energy": 9.33806, "activity_lines": [ 55.817631, 56.179095, 56.362314, 56.125189 ] }, { "date": "2025-03-14", "close": 52.920452, "volume": 554765, "typical_volume": 680997.6, "trend": 55.553048, "fair_value": 44.030978, "relative_strength": -1.551341, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -38.839193, "energy": 40.484458, "activity_lines": [ 54.741668, 55.569702, 56.035633, 55.955283 ] }, { "date": "2025-03-21", "close": 53.236041, "volume": 338336, "typical_volume": 643804.6, "trend": 55.534847, "fair_value": 44.108131, "relative_strength": -1.437263, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -44.136301, "energy": 62.530551, "activity_lines": [ 53.996744, 55.078296, 55.750694, 55.805798 ] }, { "date": "2025-03-28", "close": 52.536895, "volume": 212867, "typical_volume": 582128.4, "trend": 55.493367, "fair_value": 44.180863, "relative_strength": -1.251122, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -48.683922, "energy": 70.843465, "activity_lines": [ 53.290311, 54.494381, 55.404389, 55.612382 ] }, { "date": "2025-04-04", "close": 47.885719, "volume": 412184, "typical_volume": 541775.0, "trend": 55.371301, "fair_value": 44.227869, "relative_strength": -1.001365, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -94.898958, "energy": 93.418853, "activity_lines": [ 51.30561, 53.138833, 54.635882, 55.121566 ] }, { "date": "2025-04-11", "close": 50.417994, "volume": 424807, "typical_volume": 548318.95, "trend": 55.269291, "fair_value": 44.296876, "relative_strength": -1.333231, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -70.876826, "energy": 82.806251, "activity_lines": [ 50.709071, 52.41611, 54.146545, 54.801998 ] }, { "date": "2025-04-18", "close": 49.646441, "volume": 288446, "typical_volume": 552452.75, "trend": 55.121617, "fair_value": 44.367351, "relative_strength": -1.427427, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -73.343136, "energy": 84.355614, "activity_lines": [ 50.124745, 51.665666, 53.614068, 54.439233 ] }, { "date": "2025-04-25", "close": 51.703915, "volume": 560473, "typical_volume": 519890.25, "trend": 55.028435, "fair_value": 44.459879, "relative_strength": -1.815295, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.338799, "energy": 63.421098, "activity_lines": [ 50.44451, 51.41043, 53.314553, 54.218736 ] }, { "date": "2025-05-02", "close": 53.167886, "volume": 9217797, "typical_volume": 900958.95, "trend": 54.982086, "fair_value": 44.561609, "relative_strength": -1.861812, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -58.234908, "energy": 41.520081, "activity_lines": [ 51.354408, 51.523283, 53.183177, 54.098701 ] }, { "date": "2025-05-09", "close": 52.78211, "volume": 157671, "typical_volume": 875141.95, "trend": 54.901251, "fair_value": 44.666816, "relative_strength": -2.110698, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -42.707334, "energy": 27.402587, "activity_lines": [ 52.093648, 51.628738, 53.034227, 53.956767 ] }, { "date": "2025-05-16", "close": 55.561678, "volume": 364754, "typical_volume": 873838.65, "trend": 54.895702, "fair_value": 44.79658, "relative_strength": -2.084209, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -15.423832, "energy": 19.80168, "activity_lines": [ 53.432984, 52.298927, 53.166107, 53.999375 ] }, { "date": "2025-05-23", "close": 54.018572, "volume": 1357352, "typical_volume": 862984.8, "trend": 54.850512, "fair_value": 44.901456, "relative_strength": -2.263412, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -21.251921, "energy": 23.093308, "activity_lines": [ 53.915039, 52.668501, 53.155589, 53.942786 ] }, { "date": "2025-05-30", "close": 55.027526, "volume": 156866, "typical_volume": 851414.7, "trend": 54.873688, "fair_value": 45.01509, "relative_strength": -2.110256, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -10.099656, "energy": 20.198783, "activity_lines": [ 54.441937, 53.201556, 53.251806, 53.954206 ] }, { "date": "2025-06-06", "close": 56.234313, "volume": 533375, "typical_volume": 857379.7, "trend": 54.851566, "fair_value": 45.148984, "relative_strength": -1.535288, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 27.9002, "energy": 30.767396, "activity_lines": [ 55.149523, 53.921454, 53.463488, 54.041989 ] }, { "date": "2025-06-13", "close": 55.74962, "volume": 231940, "typical_volume": 830302.65, "trend": 54.847693, "fair_value": 45.291821, "relative_strength": -1.970235, "stage": 3, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 23.341507, "energy": 33.451787, "activity_lines": [ 55.491117, 54.486, 53.630792, 54.099928 ] }, { "date": "2025-06-20", "close": 55.739728, "volume": 107737, "typical_volume": 822248.25, "trend": 54.81269, "fair_value": 45.420855, "relative_strength": -1.768514, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 24.073532, "energy": 39.66621, "activity_lines": [ 55.631579, 54.905768, 53.804863, 54.157478 ] }, { "date": "2025-06-27", "close": 57.736484, "volume": 279512, "typical_volume": 820759.95, "trend": 54.823273, "fair_value": 45.568089, "relative_strength": -1.60555, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 37.872786, "energy": 51.664504, "activity_lines": [ 56.425756, 55.591823, 54.173239, 54.34611 ] }, { "date": "2025-07-04", "close": 58.808067, "volume": 373894, "typical_volume": 832588.15, "trend": 54.85909, "fair_value": 45.717035, "relative_strength": -1.392312, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 53.464096, "energy": 65.895231, "activity_lines": [ 57.329267, 56.32562, 54.63687, 54.603194 ] }, { "date": "2025-07-11", "close": 58.72869, "volume": 539391, "typical_volume": 829134.35, "trend": 54.910284, "fair_value": 45.867851, "relative_strength": -1.19389, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 50.766881, "energy": 74.054695, "activity_lines": [ 57.954283, 56.915819, 55.085802, 54.852845 ] }, { "date": "2025-07-18", "close": 58.937053, "volume": 329002, "typical_volume": 836939.8, "trend": 55.002682, "fair_value": 46.01476, "relative_strength": -1.404419, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 74.808895, "energy": 86.249384, "activity_lines": [ 58.482461, 57.442796, 55.544532, 55.112637 ] }, { "date": "2025-07-25", "close": 60.043363, "volume": 342028, "typical_volume": 839159.85, "trend": 55.120123, "fair_value": 46.158948, "relative_strength": -1.001277, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 82.350307, "energy": 92.109719, "activity_lines": [ 59.166914, 58.059012, 56.094861, 55.437842 ] }, { "date": "2025-08-01", "close": 58.7783, "volume": 291770, "typical_volume": 826010.1, "trend": 55.20427, "fair_value": 46.293864, "relative_strength": -0.641429, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.098681, "energy": 85.351945, "activity_lines": [ 59.142771, 58.363732, 56.498116, 55.673853 ] }, { "date": "2025-08-08", "close": 60.26661, "volume": 494945, "typical_volume": 833840.55, "trend": 55.375176, "fair_value": 46.430455, "relative_strength": -0.558128, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 78.216042, "energy": 86.738702, "activity_lines": [ 59.545276, 58.852513, 57.015219, 56.000456 ] }, { "date": "2025-08-15", "close": 60.871856, "volume": 622865, "typical_volume": 854340.45, "trend": 55.517274, "fair_value": 46.573735, "relative_strength": -0.494274, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 81.060988, "energy": 89.366687, "activity_lines": [ 60.052293, 59.356083, 57.556487, 56.35508 ] }, { "date": "2025-08-22", "close": 61.060375, "volume": 416674, "typical_volume": 854564.95, "trend": 55.640344, "fair_value": 46.728645, "relative_strength": -0.430188, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 77.797367, "energy": 83.521303, "activity_lines": [ 60.479273, 59.80961, 58.076018, 56.7127 ] }, { "date": "2025-08-29", "close": 61.020687, "volume": 368196, "typical_volume": 851734.4, "trend": 55.787403, "fair_value": 46.891288, "relative_strength": -0.414533, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 72.917018, "energy": 85.690437, "activity_lines": [ 60.751468, 60.159361, 58.529033, 57.059819 ] }, { "date": "2025-09-05", "close": 61.070297, "volume": 210828, "typical_volume": 847853.5, "trend": 55.946143, "fair_value": 47.046323, "relative_strength": -0.626032, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 69.401544, "energy": 83.172978, "activity_lines": [ 60.975045, 60.422116, 58.936284, 57.400651 ] }, { "date": "2025-09-12", "close": 61.993049, "volume": 222572, "typical_volume": 830958.45, "trend": 56.102273, "fair_value": 47.218772, "relative_strength": -0.644023, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 80.554154, "energy": 77.029569, "activity_lines": [ 61.353407, 60.792028, 59.377017, 57.790774 ] }, { "date": "2025-09-19", "close": 62.836424, "volume": 332395, "typical_volume": 386688.35, "trend": 56.309529, "fair_value": 47.406789, "relative_strength": -0.488257, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 84.848006, "energy": 72.674255, "activity_lines": [ 61.897797, 61.257373, 59.849075, 58.225235 ] }, { "date": "2025-09-26", "close": 62.749825, "volume": 636349, "typical_volume": 410622.25, "trend": 56.532964, "fair_value": 47.600677, "relative_strength": -0.308701, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 78.359439, "energy": 76.426938, "activity_lines": [ 62.28235, 61.632286, 60.266845, 58.640738 ] }, { "date": "2025-10-03", "close": 63.665009, "volume": 396979, "typical_volume": 412233.5, "trend": 56.839833, "fair_value": 47.796189, "relative_strength": 0.053351, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 84.361359, "energy": 83.929095, "activity_lines": [ 62.859334, 62.104274, 60.72431, 59.10087 ] }, { "date": "2025-10-10", "close": 62.093279, "volume": 341947, "typical_volume": 361463.25, "trend": 57.145594, "fair_value": 47.984155, "relative_strength": 0.029338, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.181425, "energy": 65.972077, "activity_lines": [ 62.73612, 62.224644, 60.993499, 59.439802 ] }, { "date": "2025-10-17", "close": 63.227312, "volume": 314517, "typical_volume": 369345.8, "trend": 57.478636, "fair_value": 48.168924, "relative_strength": 0.13978, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 72.122801, "energy": 66.487119, "activity_lines": [ 62.922718, 62.490929, 61.33224, 59.832171 ] }, { "date": "2025-10-24", "close": 64.550351, "volume": 233777, "typical_volume": 354365.9, "trend": 57.879084, "fair_value": 48.354452, "relative_strength": 0.323896, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 84.150809, "energy": 71.020384, "activity_lines": [ 63.468046, 62.943937, 61.757939, 60.288411 ] }, { "date": "2025-10-31", "close": 65.017891, "volume": 375581, "typical_volume": 361547.95, "trend": 58.450157, "fair_value": 48.550699, "relative_strength": 0.357674, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 83.084607, "energy": 70.808214, "activity_lines": [ 64.054957, 63.415069, 62.188565, 60.748979 ] }, { "date": "2025-11-07", "close": 64.033072, "volume": 633342, "typical_volume": 387828.2, "trend": 58.903993, "fair_value": 48.726672, "relative_strength": 0.488173, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.452051, "energy": 64.916968, "activity_lines": [ 64.162392, 63.635189, 62.481264, 61.109167 ] }, { "date": "2025-11-14", "close": 64.540403, "volume": 154324, "typical_volume": 381568.8, "trend": 59.400458, "fair_value": 48.907676, "relative_strength": 1.149406, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.406059, "energy": 64.320783, "activity_lines": [ 64.414399, 63.892781, 62.782788, 61.472806 ] }, { "date": "2025-11-21", "close": 63.555585, "volume": 125329, "typical_volume": 369140.55, "trend": 59.795514, "fair_value": 49.078867, "relative_strength": 1.557328, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.774913, "energy": 55.098213, "activity_lines": [ 64.174992, 63.908221, 62.95812, 61.740879 ] }, { "date": "2025-11-28", "close": 65.465535, "volume": 153908, "typical_volume": 349866.4, "trend": 60.205435, "fair_value": 49.259804, "relative_strength": 0.893727, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 75.05724, "energy": 56.394343, "activity_lines": [ 64.550351, 64.242516, 63.292745, 62.106687 ] }, { "date": "2025-12-05", "close": 65.816687, "volume": 152093, "typical_volume": 341020.95, "trend": 60.639921, "fair_value": 49.451091, "relative_strength": 1.097748, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 75.295454, "energy": 58.923348, "activity_lines": [ 64.981747, 64.592854, 63.628733, 62.468703 ] }, { "date": "2025-12-12", "close": 65.565012, "volume": 107585, "typical_volume": 329298.8, "trend": 60.973366, "fair_value": 49.644968, "relative_strength": 1.284186, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.312629, "energy": 56.315761, "activity_lines": [ 65.275999, 64.841672, 63.907992, 62.786451 ] }, { "date": "2025-12-19", "close": 65.6242, "volume": 512101, "typical_volume": 340315.35, "trend": 61.36022, "fair_value": 49.839836, "relative_strength": 1.247197, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.794854, "energy": 57.237779, "activity_lines": [ 65.487851, 65.066706, 64.166594, 63.086505 ] }, { "date": "2025-12-26", "close": 66.671858, "volume": 156874, "typical_volume": 323411.8, "trend": 61.748365, "fair_value": 50.041776, "relative_strength": 1.405346, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 75.839637, "energy": 67.121334, "activity_lines": [ 65.976669, 65.418025, 64.492374, 63.429191 ] }, { "date": "2026-01-02", "close": 66.220017, "volume": 92076, "typical_volume": 296872.35, "trend": 62.081221, "fair_value": 50.237991, "relative_strength": 1.75459, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.47235, "energy": 56.988188, "activity_lines": [ 66.107122, 65.624563, 64.744619, 63.717685 ] }, { "date": "2026-01-09", "close": 67.105844, "volume": 179678, "typical_volume": 285022.55, "trend": 62.459762, "fair_value": 50.432812, "relative_strength": 1.484408, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 77.056472, "energy": 66.878679, "activity_lines": [ 66.482552, 65.961802, 65.055762, 64.041854 ] }, { "date": "2026-01-16", "close": 66.751054, "volume": 100843, "typical_volume": 271654.9, "trend": 62.826806, "fair_value": 50.626712, "relative_strength": 1.285919, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.268955, "energy": 66.152164, "activity_lines": [ 66.653774, 66.196572, 65.304328, 64.318711 ] }, { "date": "2026-01-23", "close": 66.718737, "volume": 440185, "typical_volume": 283122.75, "trend": 63.126215, "fair_value": 50.814685, "relative_strength": 1.566411, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.947813, "energy": 54.975482, "activity_lines": [ 66.735155, 66.376048, 65.522528, 64.569804 ] }, { "date": "2026-01-30", "close": 67.17756, "volume": 266429, "typical_volume": 285315.6, "trend": 63.405198, "fair_value": 51.002279, "relative_strength": 1.82055, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 69.322667, "energy": 56.791012, "activity_lines": [ 66.896508, 66.59934, 65.757528, 64.831181 ] }, { "date": "2026-02-06", "close": 67.466817, "volume": 337075, "typical_volume": 285549.6, "trend": 63.696469, "fair_value": 51.194346, "relative_strength": 2.399669, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 70.083679, "energy": 55.963133, "activity_lines": [ 67.120566, 66.80937, 65.995389, 65.093221 ] }, { "date": "2026-02-13", "close": 66.289838, "volume": 212967, "typical_volume": 264380.5, "trend": 63.941562, "fair_value": 51.379755, "relative_strength": 1.878398, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 59.413338, "energy": 45.684921, "activity_lines": [ 66.869178, 66.769018, 66.099106, 65.260535 ] }, { "date": "2026-02-20", "close": 67.08779, "volume": 98736, "typical_volume": 249468.35, "trend": 64.176376, "fair_value": 51.576428, "relative_strength": 1.918611, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.026505, "energy": 45.808003, "activity_lines": [ 66.938174, 66.865144, 66.261962, 65.463517 ] }, { "date": "2026-02-27", "close": 66.519249, "volume": 123414, "typical_volume": 238541.7, "trend": 64.434407, "fair_value": 51.764936, "relative_strength": 1.530205, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 45.789351, "energy": 34.825747, "activity_lines": [ 66.795208, 66.830213, 66.354372, 65.61467 ] }, { "date": "2026-03-06", "close": 64.963144, "volume": 348881, "typical_volume": 240259.9, "trend": 64.590959, "fair_value": 51.954016, "relative_strength": 1.142789, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 20.770444, "energy": 16.033667, "activity_lines": [ 66.146839, 66.49608, 66.277506, 65.648782 ] }, { "date": "2026-03-13", "close": 64.035625, "volume": 244862, "typical_volume": 240814.15, "trend": 64.696418, "fair_value": 52.132263, "relative_strength": 1.18588, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -9.034689, "energy": 18.488943, "activity_lines": [ 65.336924, 66.024374, 66.104039, 65.612954 ] }, { "date": "2026-03-20", "close": 62.938441, "volume": 81651, "typical_volume": 226117.65, "trend": 64.75902, "fair_value": 52.300204, "relative_strength": 1.243583, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -40.063348, "energy": 41.13969, "activity_lines": [ 64.390028, 65.392897, 65.828529, 65.499537 ] }, { "date": "2026-03-27", "close": 61.49, "volume": 704770, "typical_volume": 229689.05, "trend": 64.774664, "fair_value": 52.450895, "relative_strength": 1.145179, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -47.570091, "energy": 64.949701, "activity_lines": [ 63.183745, 64.573838, 65.424974, 65.288632 ] }, { "date": "2026-04-03", "close": 63.7, "volume": 91752, "typical_volume": 226560.45, "trend": 64.86232, "fair_value": 52.615258, "relative_strength": 1.281248, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -26.90313, "energy": 58.231347, "activity_lines": [ 63.087314, 64.252252, 65.244006, 65.219299 ] }, { "date": "2026-04-10", "close": 65.83, "volume": 98125, "typical_volume": 225200.25, "trend": 64.990219, "fair_value": 52.791361, "relative_strength": 0.999915, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -22.479767, "energy": 36.811235, "activity_lines": [ 63.888834, 64.372826, 65.269896, 65.28173 ] }, { "date": "2026-04-17", "close": 68.78, "volume": 106157, "typical_volume": 222812.7, "trend": 65.188338, "fair_value": 52.986683, "relative_strength": 0.937389, "stage": 3, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 32.423162, "energy": 16.178154, "activity_lines": [ 65.615896, 65.054264, 65.565908, 65.526232 ] }, { "date": "2026-04-24", "close": 68.844893, "volume": 329165, "typical_volume": 231666.3, "trend": 65.391507, "fair_value": 53.17958, "relative_strength": 0.465581, "stage": 2, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 60.328818, "energy": 44.670038, "activity_lines": [ 67.048298, 65.723625, 65.852318, 65.762139 ] }, { "date": "2026-05-01", "close": 69.374175, "volume": 199253, "typical_volume": 236249.7, "trend": 65.581812, "fair_value": 53.377106, "relative_strength": 0.267614, "stage": 2, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 72.426043, "energy": 57.122672, "activity_lines": [ 68.263363, 66.442763, 66.174715, 66.019085 ] }, { "date": "2026-05-08", "close": 71.1195, "volume": 222116, "typical_volume": 221750.45, "trend": 65.882686, "fair_value": 53.586189, "relative_strength": 0.388816, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 82.316275, "energy": 84.341085, "activity_lines": [ 69.534592, 67.437662, 66.645195, 66.376355 ] }, { "date": "2026-05-15", "close": 71.518431, "volume": 134892, "typical_volume": 220651.35, "trend": 66.159057, "fair_value": 53.793481, "relative_strength": 0.696368, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 79.951175, "energy": 86.986529, "activity_lines": [ 70.444164, 68.421454, 67.1275, 66.739952 ] }, { "date": "2026-05-22", "close": 71.737844, "volume": 91017, "typical_volume": 220598.4, "trend": 66.39864, "fair_value": 54.000929, "relative_strength": 0.091579, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 76.31792, "energy": 86.656932, "activity_lines": [ 71.047646, 69.325952, 67.607623, 67.099873 ] }, { "date": "2026-05-29", "close": 72.426, "volume": 124589, "typical_volume": 217843.95, "trend": 66.645577, "fair_value": 54.208013, "relative_strength": -0.422325, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 77.268415, "energy": 87.868301, "activity_lines": [ 71.683323, 70.215528, 68.127009, 67.488735 ] }, { "date": "2026-06-05", "close": 71.199286, "volume": 196297, "typical_volume": 222616.65, "trend": 66.884451, "fair_value": 54.406354, "relative_strength": 0.37144, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.513451, "energy": 76.03923, "activity_lines": [ 71.671355, 70.709565, 68.504231, 67.782523 ] }, { "date": "2026-06-12", "close": 72.086909, "volume": 228001, "typical_volume": 212007.45, "trend": 67.136001, "fair_value": 54.603615, "relative_strength": 0.992184, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 68.744179, "energy": 62.033891, "activity_lines": [ 71.833587, 71.188455, 68.944806, 68.118165 ] }, { "date": "2026-06-19", "close": 72.775065, "volume": 101235, "typical_volume": 203747.75, "trend": 67.443317, "fair_value": 54.809129, "relative_strength": 0.9646, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 72.927161, "energy": 61.594056, "activity_lines": [ 72.160711, 71.639975, 69.425358, 68.481976 ] }, { "date": "2026-06-26", "close": 71.53, "volume": 111230, "typical_volume": 192455.5, "trend": 67.645466, "fair_value": 55.000837, "relative_strength": 1.588996, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 62.266412, "energy": 52.994035, "activity_lines": [ 71.989037, 71.738846, 69.760677, 68.745633 ] }, { "date": "2026-07-03", "close": 72.34, "volume": 83073, "typical_volume": 185960.8, "trend": 67.86291, "fair_value": 55.200488, "relative_strength": 0.520224, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.561965, "energy": 54.313329, "activity_lines": [ 72.10122, 71.93499, 70.15379, 69.048506 ] }, { "date": "2026-07-10", "close": 72.83, "volume": 99907, "typical_volume": 186019.35, "trend": 68.105076, "fair_value": 55.396934, "relative_strength": -0.187119, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.862545, "energy": 56.480079, "activity_lines": [ 72.382469, 72.156677, 70.56476, 69.368964 ] }, { "date": "2026-07-17", "close": 71.62, "volume": 1380020, "typical_volume": 248849.65, "trend": 68.304936, "fair_value": 55.58367, "relative_strength": -0.333539, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 60.573727, "energy": 49.04316, "activity_lines": [ 72.151671, 72.095531, 70.833148, 69.595733 ] }, { "date": "2026-07-24", "close": 71.29, "volume": 111424, "typical_volume": 236976.8, "trend": 68.458874, "fair_value": 55.765224, "relative_strength": -0.231035, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 48.110767, "energy": 40.210268, "activity_lines": [ 71.842, 71.965285, 71.045817, 69.788318 ] }, { "date": "2026-07-31", "close": 72.7, "volume": 241771, "typical_volume": 236822.25, "trend": 68.674873, "fair_value": 55.962206, "relative_strength": 0.604389, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.494921, "energy": 43.61278, "activity_lines": [ 72.101333, 72.095556, 71.362645, 70.061939 ] }, { "date": "2026-08-07", "close": 75.41, "volume": 174504, "typical_volume": 241464.9, "trend": 68.951679, "fair_value": 56.177732, "relative_strength": 0.776789, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 83.678744, "energy": 57.501883, "activity_lines": [ 73.186, 72.70106, 71.896309, 70.496463 ] } ], "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." } } }