{ "ticker": { "uuid": "c0b0e122-afe0-4a4e-8449-2513a25792ed", "symbol": "DEED", "name": "FIRST TRUST SECURITIZED PLUS ETF", "exchange": "NYSEARCA", "country": "US", "assetType": "etf" }, "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.", "analysis": { "eligible": true, "as_of": "2026-08-07", "benchmark": "SPY", "stage": 3, "stage_name": "Distribution", "phase": "3c", "phase_label": "Stage 3C \u00b7 Breakdown watch", "transition": "stage_3_to_4_watch", "transition_label": "Stage 3 \u2192 4 watch", "confidence": 67.201, "architecture_regime": "balance", "architecture_regime_label": "Balance", "architecture_modifier": "Upper balance after advance", "architecture_gate": "down", "architecture_direction": -47.11, "architecture_energy": 38.338, "architecture_maturity": 24.438, "architecture_confidence": 91.309, "architecture_tenure": "Developing", "architecture": { "interpretation": { "headline": "Directional pressure has compressed into balance.", "body": "Trend and Activity are compressed into balance, so neither side has durable control. Prior structure and the next directional change provide context; balance alone is not assumed to be a base." }, "scores": { "balance": 44.15, "rotation_up": 14.1, "upward_expansion": 8.32, "deceleration": 40.85, "rotation_down": 53.76, "downward_expansion": 74.66 }, "activity_lines": [ 21.104247, 21.172195, 21.189039, 21.215388 ], "activity_state": "Compressed", "activity_direction": "Expanding", "rotation_direction": "Weakening", "price_acceptance": -0.166667 }, "latest_close": 21.14, "trend_reference": 21.256415, "distance_from_trend": -0.005477, "trend_direction": "Improving", "fair_value": 19.806452, "distance_from_fair_value": 0.067329, "fair_value_direction": "Weakening", "relative_strength": -10.907611, "relative_strength_direction": "Weakening", "price_momentum": -0.006577, "excess_performance": -0.132202, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.005477, "read": "Below" }, { "label": "Trend direction", "positive": true, "value": 0.00104, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.067329, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.01986, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.109076, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.014358, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.006577, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.243246, "read": "Supply-led" } ], "volume": { "latest": 34517, "relative_activity": 0.173075, "balance": 0.243246, "dry_up": 1.484237, "accumulation_observations": 1, "distribution_observations": 3 }, "risk": { "range_context": 0.011699, "annualized_volatility": 0.044828, "from_high_reference": -0.026855, "from_low_reference": 0.041 }, "levels": { "trend_reference": 21.256415, "fair_value_reference": 19.806452, "structural_low": 20.912602, "invalidation": "A decisive breakout above range resistance with renewed RS leadership invalidates the distribution reading; a range-low break confirms deterioration." }, "outcomes": [ { "horizon": "Near term", "sample_count": 12, "median_return": 0.000712, "positive_rate": 0.583333, "directional_follow_through": 0.583333, "median_excess_return": 0.002319, "regime_survival": 0.5, "best_return": 0.042461, "worst_return": -0.036755, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 6, "median_return": -0.004886, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": -0.018711, "regime_survival": 0.0, "best_return": 0.042785, "worst_return": -0.076731, "sufficient": true }, { "horizon": "Extended", "sample_count": 4, "median_return": -0.010434, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": -0.027317, "regime_survival": 0.0, "best_return": 0.03517, "worst_return": -0.101605, "sufficient": false }, { "horizon": "Full cycle", "sample_count": 3, "median_return": 0.064244, "positive_rate": 0.666667, "directional_follow_through": 0.666667, "median_excess_return": -0.083148, "regime_survival": 0.0, "best_return": 0.07987, "worst_return": -0.190883, "sufficient": false } ], "ledger": [ { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-01-19", "end": "2024-02-09", "tenure": "New", "return": 0.003069, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-02-16", "end": "2024-03-22", "tenure": "Developing", "return": 0.013648, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-03-29", "end": "2024-04-19", "tenure": "New", "return": -0.030792, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-04-26", "end": "2024-06-07", "tenure": "Developing", "return": 0.02861, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-06-14", "end": "2024-10-18", "tenure": "Established", "return": 0.040721, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-10-25", "end": "2025-01-03", "tenure": "Developing", "return": -0.00696, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-01-10", "end": "2025-01-31", "tenure": "New", "return": 0.022972, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-02-07", "end": "2025-02-28", "tenure": "New", "return": 0.025231, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-03-07", "end": "2025-04-04", "tenure": "Developing", "return": 0.013469, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-04-11", "end": "2025-05-30", "tenure": "Developing", "return": 0.016599, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-06-06", "end": "2025-06-27", "tenure": "New", "return": 0.019474, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-07-04", "end": "2026-03-20", "tenure": "Extended", "return": 0.04155, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-03-27", "end": "2026-05-15", "tenure": "Developing", "return": -1.2e-05, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-05-22", "end": "2026-08-07", "tenure": "Developing", "return": 0.002912, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 17.870138, "volume": 72996, "typical_volume": 163606.9, "trend": 18.315079, "fair_value": 19.738286, "relative_strength": -9.351762, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -73.617024, "energy": 70.634809, "activity_lines": [ 18.004864, 18.117522, 18.235884, 18.281192 ] }, { "date": "2023-08-25", "close": 17.94449, "volume": 72650, "typical_volume": 162098.6, "trend": 18.297293, "fair_value": 19.721506, "relative_strength": -9.434166, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.435931, "energy": 69.808322, "activity_lines": [ 17.961123, 18.069048, 18.199983, 18.257283 ] }, { "date": "2023-09-01", "close": 18.075249, "volume": 138905, "typical_volume": 159794.0, "trend": 18.281764, "fair_value": 19.705437, "relative_strength": -10.716227, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.115028, "energy": 62.127876, "activity_lines": [ 17.982614, 18.053585, 18.179712, 18.242957 ] }, { "date": "2023-09-08", "close": 17.983717, "volume": 170339, "typical_volume": 160891.95, "trend": 18.271483, "fair_value": 19.688399, "relative_strength": -9.794462, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -58.013972, "energy": 49.624757, "activity_lines": [ 17.982763, 18.029092, 18.152185, 18.223729 ] }, { "date": "2023-09-15", "close": 17.934726, "volume": 146786, "typical_volume": 159595.55, "trend": 18.263507, "fair_value": 19.671327, "relative_strength": -9.612741, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -59.934713, "energy": 39.073446, "activity_lines": [ 17.972891, 18.003786, 18.121766, 18.202002 ] }, { "date": "2023-09-22", "close": 17.818089, "volume": 227795, "typical_volume": 156819.3, "trend": 18.255006, "fair_value": 19.653462, "relative_strength": -7.161832, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.408428, "energy": 41.829506, "activity_lines": [ 17.925033, 17.958724, 18.083303, 18.173266 ] }, { "date": "2023-09-29", "close": 17.497732, "volume": 99869, "typical_volume": 147757.05, "trend": 18.243098, "fair_value": 19.633313, "relative_strength": -7.812981, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -81.661174, "energy": 67.697647, "activity_lines": [ 17.773858, 17.864951, 18.017748, 18.124409 ] }, { "date": "2023-10-06", "close": 17.371323, "volume": 234452, "typical_volume": 148120.3, "trend": 18.218292, "fair_value": 19.612559, "relative_strength": -8.55572, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -84.084284, "energy": 85.971014, "activity_lines": [ 17.610332, 17.76222, 17.945402, 18.068166 ] }, { "date": "2023-10-13", "close": 17.49414, "volume": 300751, "typical_volume": 158627.3, "trend": 18.186704, "fair_value": 19.592361, "relative_strength": -7.963411, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -70.757119, "energy": 84.601385, "activity_lines": [ 17.534673, 17.69712, 17.889117, 18.021446 ] }, { "date": "2023-10-20", "close": 17.035723, "volume": 37238, "typical_volume": 141511.45, "trend": 18.135598, "fair_value": 19.569409, "relative_strength": -7.938223, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -90.509064, "energy": 94.929252, "activity_lines": [ 17.338846, 17.559293, 17.79238, 17.947189 ] }, { "date": "2023-10-27", "close": 17.186875, "volume": 44196, "typical_volume": 135232.0, "trend": 18.092366, "fair_value": 19.547554, "relative_strength": -4.602489, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -74.552484, "energy": 88.703391, "activity_lines": [ 17.253338, 17.465537, 17.716614, 17.885981 ] }, { "date": "2023-11-03", "close": 17.540748, "volume": 76976, "typical_volume": 131394.8, "trend": 18.056676, "fair_value": 19.527763, "relative_strength": -7.777106, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.6326, "energy": 59.724274, "activity_lines": [ 17.327867, 17.448544, 17.680242, 17.850393 ] }, { "date": "2023-11-10", "close": 17.42505, "volume": 39271, "typical_volume": 131093.55, "trend": 18.024771, "fair_value": 19.507128, "relative_strength": -9.408234, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.202833, "energy": 55.190118, "activity_lines": [ 17.360964, 17.417857, 17.637193, 17.809643 ] }, { "date": "2023-11-17", "close": 17.75735, "volume": 170363, "typical_volume": 134729.8, "trend": 18.00481, "fair_value": 19.488316, "relative_strength": -9.530374, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -44.582253, "energy": 31.530766, "activity_lines": [ 17.501244, 17.459409, 17.630882, 17.79239 ] }, { "date": "2023-11-24", "close": 17.688368, "volume": 88215, "typical_volume": 127485.8, "trend": 17.975141, "fair_value": 19.469149, "relative_strength": -10.532569, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -35.637513, "energy": 24.795479, "activity_lines": [ 17.600984, 17.492535, 17.621198, 17.771974 ] }, { "date": "2023-12-01", "close": 18.13089, "volume": 196901, "typical_volume": 124289.7, "trend": 17.961647, "fair_value": 19.452435, "relative_strength": -8.830217, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -1.242772, "energy": 17.979683, "activity_lines": [ 17.804721, 17.610598, 17.655213, 17.782023 ] }, { "date": "2023-12-08", "close": 18.214952, "volume": 50847, "typical_volume": 120952.0, "trend": 17.948818, "fair_value": 19.436209, "relative_strength": -8.347404, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "mixed", "direction": 33.520337, "energy": 37.61832, "activity_lines": [ 17.973545, 17.738259, 17.698241, 17.798365 ] }, { "date": "2023-12-15", "close": 18.697292, "volume": 149483, "typical_volume": 123873.05, "trend": 17.962469, "fair_value": 19.423066, "relative_strength": -7.780795, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 47.698321, "energy": 58.206102, "activity_lines": [ 18.258202, 17.940577, 17.787465, 17.846654 ] }, { "date": "2023-12-22", "close": 18.776841, "volume": 105372, "typical_volume": 126192.15, "trend": 17.98278, "fair_value": 19.410198, "relative_strength": -7.907752, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 46.552835, "energy": 72.874165, "activity_lines": [ 18.484558, 18.13325, 17.881958, 17.899194 ] }, { "date": "2023-12-29", "close": 18.864167, "volume": 260107, "typical_volume": 134175.6, "trend": 17.997698, "fair_value": 19.397968, "relative_strength": -7.497982, "stage": 2, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 53.359465, "energy": 80.897329, "activity_lines": [ 18.672058, 18.318479, 17.981442, 17.956058 ] }, { "date": "2024-01-05", "close": 18.532293, "volume": 313154, "typical_volume": 146183.5, "trend": 18.0027, "fair_value": 19.383481, "relative_strength": -7.366218, "stage": 2, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 40.249898, "energy": 74.126449, "activity_lines": [ 18.670546, 18.410122, 18.044956, 17.990548 ] }, { "date": "2024-01-12", "close": 18.773017, "volume": 170037, "typical_volume": 151052.85, "trend": 18.013383, "fair_value": 19.370692, "relative_strength": -7.57687, "stage": 2, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 70.301965, "energy": 81.892186, "activity_lines": [ 18.722515, 18.521072, 18.128243, 18.040245 ] }, { "date": "2024-01-19", "close": 18.496723, "volume": 38686, "typical_volume": 146041.9, "trend": 18.013476, "fair_value": 19.355652, "relative_strength": -9.659082, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 63.76964, "energy": 59.793504, "activity_lines": [ 18.645182, 18.559381, 18.181271, 18.071429 ] }, { "date": "2024-01-26", "close": 18.545892, "volume": 82354, "typical_volume": 141642.65, "trend": 18.017377, "fair_value": 19.340823, "relative_strength": -10.010225, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 59.319525, "energy": 47.3279, "activity_lines": [ 18.59761, 18.587145, 18.236975, 18.105778 ] }, { "date": "2024-02-02", "close": 18.72277, "volume": 91096, "typical_volume": 138858.15, "trend": 18.040985, "fair_value": 19.327128, "relative_strength": -10.109297, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 57.431499, "energy": 47.224923, "activity_lines": [ 18.624394, 18.632732, 18.306848, 18.151287 ] }, { "date": "2024-02-09", "close": 18.553489, "volume": 112652, "typical_volume": 133101.0, "trend": 18.048016, "fair_value": 19.312218, "relative_strength": -11.79739, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 46.327575, "energy": 37.516575, "activity_lines": [ 18.604178, 18.628733, 18.356846, 18.184352 ] }, { "date": "2024-02-16", "close": 18.457318, "volume": 160180, "typical_volume": 136116.55, "trend": 18.054287, "fair_value": 19.296847, "relative_strength": -11.619265, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 44.946556, "energy": 34.925071, "activity_lines": [ 18.550491, 18.599565, 18.394182, 18.210759 ] }, { "date": "2024-02-23", "close": 18.440096, "volume": 65822, "typical_volume": 127685.05, "trend": 18.061864, "fair_value": 19.281432, "relative_strength": -12.751129, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 41.051804, "energy": 29.611086, "activity_lines": [ 18.51211, 18.562858, 18.42531, 18.23565 ] }, { "date": "2024-03-01", "close": 18.605307, "volume": 33952, "typical_volume": 114345.1, "trend": 18.07943, "fair_value": 19.267047, "relative_strength": -12.480989, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 44.659828, "energy": 28.11029, "activity_lines": [ 18.532575, 18.560867, 18.467082, 18.27071 ] }, { "date": "2024-03-08", "close": 18.731079, "volume": 212883, "typical_volume": 123127.35, "trend": 18.105528, "fair_value": 19.25339, "relative_strength": -11.239487, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 64.223036, "energy": 37.69466, "activity_lines": [ 18.591002, 18.584862, 18.515541, 18.312752 ] }, { "date": "2024-03-15", "close": 18.434616, "volume": 66187, "typical_volume": 124226.9, "trend": 18.124344, "fair_value": 19.238144, "relative_strength": -12.11107, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 40.437981, "energy": 28.160081, "activity_lines": [ 18.550055, 18.557374, 18.527692, 18.333984 ] }, { "date": "2024-03-22", "close": 18.709215, "volume": 185183, "typical_volume": 129637.25, "trend": 18.149835, "fair_value": 19.224208, "relative_strength": -12.269274, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 61.990316, "energy": 40.18778, "activity_lines": [ 18.608566, 18.581589, 18.560054, 18.371717 ] }, { "date": "2024-03-29", "close": 18.699915, "volume": 72234, "typical_volume": 131285.4, "trend": 18.170657, "fair_value": 19.210575, "relative_strength": -12.209718, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 59.439667, "energy": 40.037674, "activity_lines": [ 18.647183, 18.605274, 18.585967, 18.407206 ] }, { "date": "2024-04-05", "close": 18.528625, "volume": 100150, "typical_volume": 127774.75, "trend": 18.188821, "fair_value": 19.195455, "relative_strength": -11.801904, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 50.641796, "energy": 30.530137, "activity_lines": [ 18.611383, 18.59412, 18.589495, 18.430301 ] }, { "date": "2024-04-12", "close": 18.275797, "volume": 169784, "typical_volume": 131853.2, "trend": 18.20019, "fair_value": 19.178119, "relative_strength": -11.317217, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 8.86543, "energy": 9.430182, "activity_lines": [ 18.496418, 18.537312, 18.565271, 18.435913 ] }, { "date": "2024-04-19", "close": 18.124101, "volume": 66687, "typical_volume": 125342.5, "trend": 18.21039, "fair_value": 19.159732, "relative_strength": -8.894008, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": -10.381824, "energy": 19.03122, "activity_lines": [ 18.361241, 18.461049, 18.523803, 18.431004 ] }, { "date": "2024-04-26", "close": 18.163679, "volume": 116925, "typical_volume": 128646.4, "trend": 18.232588, "fair_value": 19.141682, "relative_strength": -10.638552, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -7.997959, "energy": 27.074017, "activity_lines": [ 18.259957, 18.39979, 18.486137, 18.42799 ] }, { "date": "2024-05-03", "close": 18.521125, "volume": 106767, "typical_volume": 126510.6, "trend": 18.270915, "fair_value": 19.125503, "relative_strength": -9.010845, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 6.557685, "energy": 22.725643, "activity_lines": [ 18.314191, 18.408859, 18.482757, 18.446605 ] }, { "date": "2024-05-10", "close": 18.630019, "volume": 349063, "typical_volume": 138695.15, "trend": 18.308778, "fair_value": 19.110411, "relative_strength": -9.714467, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 22.3326, "energy": 16.854275, "activity_lines": [ 18.416642, 18.436254, 18.490587, 18.469773 ] }, { "date": "2024-05-17", "close": 18.757063, "volume": 182136, "typical_volume": 134796.6, "trend": 18.366156, "fair_value": 19.095952, "relative_strength": -10.189266, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 48.80507, "energy": 27.281634, "activity_lines": [ 18.554682, 18.486299, 18.511216, 18.498695 ] }, { "date": "2024-05-24", "close": 18.674951, "volume": 143171, "typical_volume": 126297.45, "trend": 18.415758, "fair_value": 19.080862, "relative_strength": -10.203777, "stage": 3, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 45.045109, "energy": 35.520262, "activity_lines": [ 18.633266, 18.520942, 18.524535, 18.518617 ] }, { "date": "2024-05-31", "close": 18.656714, "volume": 212553, "typical_volume": 128423.25, "trend": 18.452957, "fair_value": 19.065552, "relative_strength": -9.572457, "stage": 3, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 52.80188, "energy": 39.323322, "activity_lines": [ 18.669048, 18.547899, 18.535437, 18.534163 ] }, { "date": "2024-06-07", "close": 18.68334, "volume": 673326, "typical_volume": 160155.25, "trend": 18.4949, "fair_value": 19.050047, "relative_strength": -10.198808, "stage": 3, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 55.220659, "energy": 47.125855, "activity_lines": [ 18.680837, 18.580652, 18.549429, 18.549026 ] }, { "date": "2024-06-14", "close": 19.048815, "volume": 483680, "typical_volume": 180221.55, "trend": 18.537949, "fair_value": 19.037354, "relative_strength": -9.593627, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 78.604348, "energy": 67.658392, "activity_lines": [ 18.803636, 18.680156, 18.597339, 18.584763 ] }, { "date": "2024-06-21", "close": 19.039696, "volume": 110726, "typical_volume": 181203.05, "trend": 18.582993, "fair_value": 19.024538, "relative_strength": -9.843469, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 75.39076, "energy": 72.04536, "activity_lines": [ 18.895476, 18.768544, 18.641986, 18.617133 ] }, { "date": "2024-06-28", "close": 18.902577, "volume": 72843, "typical_volume": 179212.6, "trend": 18.608716, "fair_value": 19.010739, "relative_strength": -10.114123, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 61.287163, "energy": 66.723637, "activity_lines": [ 18.922767, 18.818113, 18.672065, 18.637752 ] }, { "date": "2024-07-05", "close": 19.02792, "volume": 139789, "typical_volume": 178193.05, "trend": 18.635815, "fair_value": 18.997508, "relative_strength": -10.892094, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 67.026556, "energy": 71.526933, "activity_lines": [ 18.976664, 18.876317, 18.712419, 18.664797 ] }, { "date": "2024-07-12", "close": 19.241316, "volume": 272134, "typical_volume": 188508.65, "trend": 18.653949, "fair_value": 18.98549, "relative_strength": -10.438653, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 78.613095, "energy": 76.738426, "activity_lines": [ 19.076947, 18.957607, 18.77038, 18.703862 ] }, { "date": "2024-07-19", "close": 19.123852, "volume": 90923, "typical_volume": 191357.2, "trend": 18.665516, "fair_value": 18.972641, "relative_strength": -8.921703, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.793586, "energy": 65.519906, "activity_lines": [ 19.100876, 19.004445, 18.813338, 18.734178 ] }, { "date": "2024-07-26", "close": 19.232682, "volume": 190113, "typical_volume": 190218.7, "trend": 18.6778, "fair_value": 18.960021, "relative_strength": -7.400687, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 71.093082, "energy": 69.321113, "activity_lines": [ 19.156079, 19.062092, 18.864191, 18.770769 ] }, { "date": "2024-08-02", "close": 19.757461, "volume": 40847, "typical_volume": 188951.7, "trend": 18.718639, "fair_value": 18.950929, "relative_strength": -2.619953, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 90.57766, "energy": 88.575799, "activity_lines": [ 19.373343, 19.206506, 18.962635, 18.840425 ] }, { "date": "2024-08-09", "close": 19.582535, "volume": 94579, "typical_volume": 184421.5, "trend": 18.745623, "fair_value": 18.940887, "relative_strength": -3.29818, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 76.175875, "energy": 81.576739, "activity_lines": [ 19.475306, 19.299432, 19.03812, 18.89616 ] }, { "date": "2024-08-16", "close": 19.679481, "volume": 34500, "typical_volume": 182534.8, "trend": 18.785048, "fair_value": 18.931187, "relative_strength": -6.271978, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 76.83518, "energy": 85.690987, "activity_lines": [ 19.57261, 19.393153, 19.118679, 18.956409 ] }, { "date": "2024-08-23", "close": 19.913974, "volume": 42828, "typical_volume": 179668.7, "trend": 18.830651, "fair_value": 18.923194, "relative_strength": -6.191988, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 83.231539, "energy": 91.172577, "activity_lines": [ 19.718867, 19.511396, 19.216906, 19.029243 ] }, { "date": "2024-08-30", "close": 19.812231, "volume": 33249, "typical_volume": 172841.95, "trend": 18.866966, "fair_value": 18.914262, "relative_strength": -6.667604, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 70.962897, "energy": 79.787932, "activity_lines": [ 19.778535, 19.595411, 19.298847, 19.092571 ] }, { "date": "2024-09-06", "close": 20.080464, "volume": 33149, "typical_volume": 171165.05, "trend": 18.917865, "fair_value": 18.906997, "relative_strength": -1.131129, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 82.890069, "energy": 86.207666, "activity_lines": [ 19.888978, 19.71415, 19.399017, 19.170861 ] }, { "date": "2024-09-13", "close": 20.246953, "volume": 66496, "typical_volume": 168643.6, "trend": 18.97752, "fair_value": 18.900982, "relative_strength": -3.913314, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 85.26835, "energy": 90.545916, "activity_lines": [ 20.033383, 19.841743, 19.505727, 19.256608 ] }, { "date": "2024-09-20", "close": 20.200706, "volume": 25407, "typical_volume": 164575.6, "trend": 19.036207, "fair_value": 18.894958, "relative_strength": -5.165062, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 75.774406, "energy": 84.20032, "activity_lines": [ 20.118078, 19.938763, 19.598113, 19.335524 ] }, { "date": "2024-09-27", "close": 20.253891, "volume": 101769, "typical_volume": 152210.9, "trend": 19.09116, "fair_value": 18.889432, "relative_strength": -5.156982, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 74.886311, "energy": 84.896495, "activity_lines": [ 20.185753, 20.02801, 19.687566, 19.414084 ] }, { "date": "2024-10-04", "close": 19.945303, "volume": 93690, "typical_volume": 147788.6, "trend": 19.131634, "fair_value": 18.881876, "relative_strength": -6.550929, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.649347, "energy": 64.833229, "activity_lines": [ 20.127904, 20.040603, 19.739896, 19.46919 ] }, { "date": "2024-10-11", "close": 19.773401, "volume": 67641, "typical_volume": 144012.1, "trend": 19.17626, "fair_value": 18.873688, "relative_strength": -8.080296, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 52.971239, "energy": 50.253034, "activity_lines": [ 20.003884, 20.008985, 19.770197, 19.510594 ] }, { "date": "2024-10-18", "close": 19.824507, "volume": 56193, "typical_volume": 136194.1, "trend": 19.213436, "fair_value": 18.865775, "relative_strength": -8.295961, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 46.458287, "energy": 37.270503, "activity_lines": [ 19.917369, 19.986369, 19.800134, 19.552417 ] }, { "date": "2024-10-25", "close": 19.559263, "volume": 24208, "typical_volume": 103738.2, "trend": 19.242081, "fair_value": 18.856266, "relative_strength": -8.243516, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 32.28891, "energy": 28.995596, "activity_lines": [ 19.770603, 19.911128, 19.799249, 19.574728 ] }, { "date": "2024-11-01", "close": 19.41922, "volume": 34578, "typical_volume": 81283.1, "trend": 19.271768, "fair_value": 18.84497, "relative_strength": -7.29041, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 5.812666, "energy": 25.346393, "activity_lines": [ 19.619919, 19.81261, 19.780856, 19.586156 ] }, { "date": "2024-11-08", "close": 19.54059, "volume": 91640, "typical_volume": 80328.8, "trend": 19.313928, "fair_value": 18.835133, "relative_strength": -10.597404, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 1.212562, "energy": 24.365727, "activity_lines": [ 19.565336, 19.745155, 19.772258, 19.6035 ] }, { "date": "2024-11-15", "close": 19.387477, "volume": 161374, "typical_volume": 84755.35, "trend": 19.35604, "fair_value": 18.824156, "relative_strength": -9.087425, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -13.611104, "energy": 33.337856, "activity_lines": [ 19.486696, 19.6548, 19.746692, 19.608245 ] }, { "date": "2024-11-22", "close": 19.592667, "volume": 35036, "typical_volume": 79517.7, "trend": 19.403673, "fair_value": 18.814351, "relative_strength": -9.320811, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -3.147509, "energy": 25.752562, "activity_lines": [ 19.502181, 19.614352, 19.738359, 19.623511 ] }, { "date": "2024-11-29", "close": 19.817655, "volume": 127649, "typical_volume": 72293.45, "trend": 19.446891, "fair_value": 18.806145, "relative_strength": -9.006885, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 12.548072, "energy": 14.681848, "activity_lines": [ 19.608118, 19.626707, 19.748765, 19.650219 ] }, { "date": "2024-12-06", "close": 20.005145, "volume": 89515, "typical_volume": 72223.05, "trend": 19.492728, "fair_value": 18.799193, "relative_strength": -8.590584, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 47.590435, "energy": 26.715441, "activity_lines": [ 19.759326, 19.680115, 19.774282, 19.686236 ] }, { "date": "2024-12-13", "close": 19.619947, "volume": 58426, "typical_volume": 65638.7, "trend": 19.521491, "fair_value": 18.789195, "relative_strength": -9.442017, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 24.578755, "energy": 21.99964, "activity_lines": [ 19.743073, 19.668011, 19.758917, 19.694444 ] }, { "date": "2024-12-20", "close": 19.451365, "volume": 165088, "typical_volume": 71850.75, "trend": 19.547372, "fair_value": 18.778363, "relative_strength": -8.185108, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 9.938146, "energy": 13.095471, "activity_lines": [ 19.665335, 19.63117, 19.725652, 19.689919 ] }, { "date": "2024-12-27", "close": 19.366651, "volume": 33483, "typical_volume": 68795.95, "trend": 19.571036, "fair_value": 18.767199, "relative_strength": -8.803728, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -25.228431, "energy": 16.700832, "activity_lines": [ 19.5551, 19.584782, 19.685777, 19.67826 ] }, { "date": "2025-01-03", "close": 19.423127, "volume": 62952, "typical_volume": 70218.55, "trend": 19.595696, "fair_value": 18.757765, "relative_strength": -7.701882, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -32.114638, "energy": 44.221894, "activity_lines": [ 19.478758, 19.556988, 19.652309, 19.668717 ] }, { "date": "2025-01-10", "close": 19.210306, "volume": 40596, "typical_volume": 70106.95, "trend": 19.601079, "fair_value": 18.747546, "relative_strength": -6.567622, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -45.485858, "energy": 60.923079, "activity_lines": [ 19.357778, 19.492973, 19.599792, 19.643853 ] }, { "date": "2025-01-17", "close": 19.522526, "volume": 92737, "typical_volume": 73081.35, "trend": 19.617173, "fair_value": 18.739211, "relative_strength": -7.454899, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -31.208668, "energy": 47.863069, "activity_lines": [ 19.39386, 19.489525, 19.580362, 19.638786 ] }, { "date": "2025-01-24", "close": 19.521812, "volume": 170961, "typical_volume": 79971.95, "trend": 19.637814, "fair_value": 18.730818, "relative_strength": -8.720164, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -53.433943, "energy": 41.824295, "activity_lines": [ 19.436199, 19.486275, 19.562243, 19.632633 ] }, { "date": "2025-01-31", "close": 19.651611, "volume": 186023, "typical_volume": 85948.3, "trend": 19.658604, "fair_value": 18.724166, "relative_strength": -6.883834, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -34.972423, "energy": 19.776525, "activity_lines": [ 19.517108, 19.504182, 19.559147, 19.633523 ] }, { "date": "2025-02-07", "close": 19.706025, "volume": 177256, "typical_volume": 93540.75, "trend": 19.674094, "fair_value": 18.719221, "relative_strength": -6.221546, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -20.716657, "energy": 16.340043, "activity_lines": [ 19.597158, 19.530912, 19.564067, 19.636583 ] }, { "date": "2025-02-14", "close": 19.762706, "volume": 225081, "typical_volume": 99706.35, "trend": 19.695389, "fair_value": 18.714547, "relative_strength": -7.073289, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -12.380931, "energy": 16.373664, "activity_lines": [ 19.677241, 19.569976, 19.576742, 19.6423 ] }, { "date": "2025-02-21", "close": 19.85245, "volume": 33866, "typical_volume": 96715.15, "trend": 19.716048, "fair_value": 18.711081, "relative_strength": -4.939562, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 23.14757, "energy": 24.721862, "activity_lines": [ 19.750412, 19.629766, 19.600302, 19.652433 ] }, { "date": "2025-02-28", "close": 20.203234, "volume": 86935, "typical_volume": 97679.85, "trend": 19.730907, "fair_value": 18.708703, "relative_strength": -2.173931, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 42.369606, "energy": 53.51942, "activity_lines": [ 19.918517, 19.749107, 19.657713, 19.683864 ] }, { "date": "2025-03-07", "close": 20.054198, "volume": 44605, "typical_volume": 97100.45, "trend": 19.74663, "fair_value": 18.706927, "relative_strength": 0.308186, "stage": 3, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 31.457791, "energy": 54.612908, "activity_lines": [ 19.991514, 19.82768, 19.698883, 19.704721 ] }, { "date": "2025-03-14", "close": 20.065764, "volume": 80925, "typical_volume": 99936.3, "trend": 19.759506, "fair_value": 18.706122, "relative_strength": 2.752602, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 38.98959, "energy": 60.375712, "activity_lines": [ 20.041528, 19.895855, 19.74006, 19.725311 ] }, { "date": "2025-03-21", "close": 20.117908, "volume": 69145, "typical_volume": 101664.65, "trend": 19.766303, "fair_value": 18.707485, "relative_strength": 2.536288, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 40.683384, "energy": 62.104537, "activity_lines": [ 20.084941, 19.961827, 19.783792, 19.748433 ] }, { "date": "2025-03-28", "close": 20.042387, "volume": 211875, "typical_volume": 107676.4, "trend": 19.773975, "fair_value": 18.708417, "relative_strength": 3.688621, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 34.25328, "energy": 46.442464, "activity_lines": [ 20.079499, 19.997566, 19.817005, 19.766245 ] }, { "date": "2025-04-04", "close": 20.324305, "volume": 139466, "typical_volume": 106581.0, "trend": 19.782103, "fair_value": 18.71319, "relative_strength": 15.373968, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 74.002516, "energy": 59.060407, "activity_lines": [ 20.155368, 20.075111, 19.874677, 19.80175 ] }, { "date": "2025-04-11", "close": 19.718986, "volume": 65851, "typical_volume": 108121.75, "trend": 19.764504, "fair_value": 18.714955, "relative_strength": 5.888377, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 37.099125, "energy": 24.837888, "activity_lines": [ 20.021393, 20.028006, 19.870238, 19.797678 ] }, { "date": "2025-04-18", "close": 19.861705, "volume": 157277, "typical_volume": 109603.15, "trend": 19.753204, "fair_value": 18.719233, "relative_strength": 8.140842, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 37.066864, "energy": 19.543268, "activity_lines": [ 19.957338, 20.005626, 19.878791, 19.803949 ] }, { "date": "2025-04-25", "close": 20.038317, "volume": 122351, "typical_volume": 111244.95, "trend": 19.746019, "fair_value": 18.724273, "relative_strength": 4.290051, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 38.012452, "energy": 19.066571, "activity_lines": [ 19.965757, 20.012527, 19.903953, 19.822344 ] }, { "date": "2025-05-02", "close": 20.04777, "volume": 77245, "typical_volume": 112185.9, "trend": 19.749434, "fair_value": 18.730801, "relative_strength": 1.444919, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 36.034041, "energy": 19.994656, "activity_lines": [ 19.982634, 20.016135, 19.929858, 19.841812 ] }, { "date": "2025-05-09", "close": 19.97138, "volume": 89286, "typical_volume": 108395.8, "trend": 19.756033, "fair_value": 18.735597, "relative_strength": 1.538453, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 34.772823, "energy": 17.319598, "activity_lines": [ 19.973688, 20.002303, 19.946451, 19.856131 ] }, { "date": "2025-05-16", "close": 19.957056, "volume": 92071, "typical_volume": 111325.2, "trend": 19.760452, "fair_value": 18.74038, "relative_strength": -3.511312, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 33.851136, "energy": 18.550791, "activity_lines": [ 19.983497, 19.990081, 19.959203, 19.8691 ] }, { "date": "2025-05-23", "close": 19.885596, "volume": 85441, "typical_volume": 112449.65, "trend": 19.77133, "fair_value": 18.743952, "relative_strength": -1.276175, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 32.431588, "energy": 14.955595, "activity_lines": [ 19.953613, 19.966634, 19.962338, 19.877174 ] }, { "date": "2025-05-30", "close": 20.04631, "volume": 166452, "typical_volume": 118742.45, "trend": 19.792233, "fair_value": 18.749745, "relative_strength": -2.115957, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 38.835018, "energy": 17.161556, "activity_lines": [ 19.975709, 19.975683, 19.978577, 19.894914 ] }, { "date": "2025-06-06", "close": 19.914538, "volume": 45794, "typical_volume": 116395.3, "trend": 19.804697, "fair_value": 18.7566, "relative_strength": -4.225602, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 21.855134, "energy": 10.185773, "activity_lines": [ 19.953347, 19.962075, 19.978285, 19.902805 ] }, { "date": "2025-06-13", "close": 20.072377, "volume": 58042, "typical_volume": 110749.35, "trend": 19.827527, "fair_value": 18.767062, "relative_strength": -3.017388, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 38.373308, "energy": 17.394678, "activity_lines": [ 19.992481, 19.97949, 19.991159, 19.920075 ] }, { "date": "2025-06-20", "close": 20.134765, "volume": 22740, "typical_volume": 102585.2, "trend": 19.845597, "fair_value": 18.77603, "relative_strength": -2.477453, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 52.789985, "energy": 30.399784, "activity_lines": [ 20.045678, 20.012828, 20.007353, 19.939896 ] }, { "date": "2025-06-27", "close": 20.302355, "volume": 20939, "typical_volume": 94769.35, "trend": 19.861754, "fair_value": 18.784376, "relative_strength": -4.851676, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 63.12392, "energy": 47.48674, "activity_lines": [ 20.14289, 20.069078, 20.037206, 19.969365 ] }, { "date": "2025-07-04", "close": 20.25898, "volume": 61013, "typical_volume": 86565.95, "trend": 19.870215, "fair_value": 18.794247, "relative_strength": -6.5175, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 61.515244, "energy": 56.661228, "activity_lines": [ 20.19786, 20.109429, 20.06009, 19.994992 ] }, { "date": "2025-07-11", "close": 20.225415, "volume": 25796, "typical_volume": 86162.45, "trend": 19.890397, "fair_value": 18.802524, "relative_strength": -6.292531, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 59.084642, "energy": 65.097529, "activity_lines": [ 20.227464, 20.139666, 20.077413, 20.017908 ] }, { "date": "2025-07-18", "close": 20.129241, "volume": 93689, "typical_volume": 86500.15, "trend": 19.912993, "fair_value": 18.809242, "relative_strength": -7.161888, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 56.962932, "energy": 56.900293, "activity_lines": [ 20.204285, 20.149187, 20.083801, 20.033318 ] }, { "date": "2025-07-25", "close": 20.206043, "volume": 34737, "typical_volume": 86006.75, "trend": 19.940973, "fair_value": 18.814382, "relative_strength": -7.992859, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 55.525339, "energy": 44.844764, "activity_lines": [ 20.202916, 20.169801, 20.097856, 20.052224 ] }, { "date": "2025-08-01", "close": 20.400913, "volume": 72548, "typical_volume": 85587.9, "trend": 19.973566, "fair_value": 18.822735, "relative_strength": -4.556073, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 71.846393, "energy": 51.859072, "activity_lines": [ 20.261751, 20.22132, 20.129747, 20.081897 ] }, { "date": "2025-08-08", "close": 20.399079, "volume": 26820, "typical_volume": 83471.65, "trend": 20.013192, "fair_value": 18.830227, "relative_strength": -6.609476, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 68.41218, "energy": 47.682302, "activity_lines": [ 20.313405, 20.263135, 20.159867, 20.10935 ] }, { "date": "2025-08-15", "close": 20.397631, "volume": 27126, "typical_volume": 74234.2, "trend": 20.042362, "fair_value": 18.8384, "relative_strength": -7.304001, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.815424, "energy": 62.216768, "activity_lines": [ 20.355236, 20.298273, 20.18851, 20.134152 ] }, { "date": "2025-08-22", "close": 20.486272, "volume": 38004, "typical_volume": 69161.1, "trend": 20.074511, "fair_value": 18.84835, "relative_strength": -6.955417, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 72.330268, "energy": 72.564136, "activity_lines": [ 20.415133, 20.340745, 20.223904, 20.162792 ] }, { "date": "2025-08-29", "close": 20.582843, "volume": 22474, "typical_volume": 66992.25, "trend": 20.105552, "fair_value": 18.860009, "relative_strength": -6.284974, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 77.711759, "energy": 77.4199, "activity_lines": [ 20.483418, 20.393249, 20.267724, 20.195587 ] }, { "date": "2025-09-05", "close": 20.728426, "volume": 25487, "typical_volume": 60402.75, "trend": 20.139632, "fair_value": 18.873239, "relative_strength": -5.643178, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 83.63875, "energy": 83.420982, "activity_lines": [ 20.575111, 20.464076, 20.321295, 20.235773 ] }, { "date": "2025-09-12", "close": 20.820639, "volume": 154386, "typical_volume": 62004.5, "trend": 20.174896, "fair_value": 18.888629, "relative_strength": -6.434981, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 83.456699, "energy": 87.259505, "activity_lines": [ 20.675707, 20.543922, 20.379521, 20.279709 ] }, { "date": "2025-09-19", "close": 20.794777, "volume": 486254, "typical_volume": 82454.95, "trend": 20.206307, "fair_value": 18.906206, "relative_strength": -7.447786, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 74.051677, "energy": 83.173811, "activity_lines": [ 20.739578, 20.608855, 20.431558, 20.319701 ] }, { "date": "2025-09-26", "close": 20.733298, "volume": 88216, "typical_volume": 82401.45, "trend": 20.223976, "fair_value": 18.924695, "relative_strength": -7.219831, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.424772, "energy": 77.589058, "activity_lines": [ 20.756481, 20.652257, 20.474184, 20.353701 ] }, { "date": "2025-10-03", "close": 20.830403, "volume": 399842, "typical_volume": 97790.0, "trend": 20.249849, "fair_value": 18.944713, "relative_strength": -7.598652, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 70.962824, "energy": 72.198998, "activity_lines": [ 20.789283, 20.702331, 20.522429, 20.392825 ] }, { "date": "2025-10-10", "close": 20.888725, "volume": 92622, "typical_volume": 98149.05, "trend": 20.277281, "fair_value": 18.966596, "relative_strength": -4.904669, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 73.146265, "energy": 63.297626, "activity_lines": [ 20.825022, 20.751658, 20.57207, 20.434043 ] }, { "date": "2025-10-17", "close": 21.005367, "volume": 78618, "typical_volume": 93757.35, "trend": 20.306863, "fair_value": 18.991438, "relative_strength": -5.864504, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 79.543297, "energy": 73.088107, "activity_lines": [ 20.888954, 20.813323, 20.628043, 20.481016 ] }, { "date": "2025-10-24", "close": 21.035424, "volume": 201291, "typical_volume": 101532.2, "trend": 20.339965, "fair_value": 19.015207, "relative_strength": -7.353939, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 77.221853, "energy": 80.006946, "activity_lines": [ 20.950591, 20.86943, 20.682311, 20.52802 ] }, { "date": "2025-10-31", "close": 20.946683, "volume": 47574, "typical_volume": 101008.8, "trend": 20.36071, "fair_value": 19.039619, "relative_strength": -8.200144, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.951218, "energy": 71.014275, "activity_lines": [ 20.966604, 20.897805, 20.722791, 20.567163 ] }, { "date": "2025-11-07", "close": 21.005194, "volume": 140459, "typical_volume": 106894.75, "trend": 20.403584, "fair_value": 19.061681, "relative_strength": -6.327627, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.04284, "energy": 64.138686, "activity_lines": [ 20.987896, 20.928448, 20.76468, 20.608743 ] }, { "date": "2025-11-14", "close": 21.024697, "volume": 534517, "typical_volume": 132573.65, "trend": 20.44235, "fair_value": 19.083279, "relative_strength": -6.255434, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.534749, "energy": 59.180765, "activity_lines": [ 21.004035, 20.954958, 20.804281, 20.648814 ] }, { "date": "2025-11-21", "close": 21.120654, "volume": 55133, "typical_volume": 132279.65, "trend": 20.478428, "fair_value": 19.104499, "relative_strength": -3.91498, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 74.4566, "energy": 61.084209, "activity_lines": [ 21.043095, 20.993527, 20.849581, 20.692576 ] }, { "date": "2025-11-28", "close": 21.209193, "volume": 350641, "typical_volume": 148521.9, "trend": 20.517142, "fair_value": 19.124866, "relative_strength": -6.830567, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 78.694291, "energy": 65.193204, "activity_lines": [ 21.103983, 21.04274, 20.89921, 20.739722 ] }, { "date": "2025-12-05", "close": 21.092869, "volume": 23769, "typical_volume": 145025.9, "trend": 20.554525, "fair_value": 19.144837, "relative_strength": -7.51619, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.088101, "energy": 59.916676, "activity_lines": [ 21.114511, 21.063268, 20.933076, 20.776866 ] }, { "date": "2025-12-12", "close": 21.048844, "volume": 73232, "typical_volume": 146950.65, "trend": 20.590918, "fair_value": 19.163077, "relative_strength": -7.070239, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.846148, "energy": 59.962394, "activity_lines": [ 21.100619, 21.069255, 20.958161, 20.808757 ] }, { "date": "2025-12-19", "close": 21.16172, "volume": 106436, "typical_volume": 148645.05, "trend": 20.633456, "fair_value": 19.183704, "relative_strength": -6.566157, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 69.767542, "energy": 59.471195, "activity_lines": [ 21.121442, 21.091792, 20.989982, 20.845583 ] }, { "date": "2025-12-26", "close": 21.210796, "volume": 102142, "typical_volume": 152411.15, "trend": 20.672272, "fair_value": 19.206046, "relative_strength": -7.550436, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 71.396646, "energy": 56.766848, "activity_lines": [ 21.149488, 21.118288, 21.022854, 20.882831 ] }, { "date": "2026-01-02", "close": 21.199999, "volume": 197706, "typical_volume": 160940.15, "trend": 20.715121, "fair_value": 19.225787, "relative_strength": -6.51469, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.452144, "energy": 53.583481, "activity_lines": [ 21.167926, 21.139087, 21.050833, 20.916878 ] }, { "date": "2026-01-09", "close": 21.28765, "volume": 213878, "typical_volume": 169733.85, "trend": 20.75563, "fair_value": 19.244366, "relative_strength": -7.451721, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 73.98801, "energy": 60.028716, "activity_lines": [ 21.216195, 21.17283, 21.083338, 20.953815 ] }, { "date": "2026-01-16", "close": 21.279111, "volume": 501632, "typical_volume": 193691.75, "trend": 20.793775, "fair_value": 19.262663, "relative_strength": -7.043162, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 69.822268, "energy": 59.697456, "activity_lines": [ 21.248631, 21.19882, 21.111215, 20.987588 ] }, { "date": "2026-01-23", "close": 21.274732, "volume": 33806, "typical_volume": 194107.7, "trend": 20.826187, "fair_value": 19.28059, "relative_strength": -6.646836, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.185967, "energy": 56.844454, "activity_lines": [ 21.264257, 21.219035, 21.135358, 21.018618 ] }, { "date": "2026-01-30", "close": 21.254442, "volume": 530294, "typical_volume": 212903.1, "trend": 20.859369, "fair_value": 19.297983, "relative_strength": -6.979647, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.763287, "energy": 54.555653, "activity_lines": [ 21.265585, 21.231014, 21.154968, 21.046247 ] }, { "date": "2026-02-06", "close": 21.279952, "volume": 156750, "typical_volume": 196427.9, "trend": 20.894521, "fair_value": 19.317136, "relative_strength": -6.556838, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.528657, "energy": 50.855971, "activity_lines": [ 21.272506, 21.245199, 21.174942, 21.073381 ] }, { "date": "2026-02-13", "close": 21.530817, "volume": 467108, "typical_volume": 215372.5, "trend": 20.94124, "fair_value": 19.338654, "relative_strength": -4.157443, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 86.058395, "energy": 62.760456, "activity_lines": [ 21.35772, 21.303709, 21.216497, 21.114433 ] }, { "date": "2026-02-20", "close": 21.575139, "volume": 349777, "typical_volume": 212869.25, "trend": 20.986876, "fair_value": 19.361103, "relative_strength": -4.908794, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 83.950422, "energy": 75.344958, "activity_lines": [ 21.441496, 21.362315, 21.258476, 21.155329 ] }, { "date": "2026-02-27", "close": 21.713505, "volume": 300635, "typical_volume": 223269.9, "trend": 21.030629, "fair_value": 19.385837, "relative_strength": -3.664397, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 88.003764, "energy": 91.88448, "activity_lines": [ 21.551659, 21.436509, 21.310086, 21.202209 ] }, { "date": "2026-03-06", "close": 21.45654, "volume": 383164, "typical_volume": 238497.2, "trend": 21.065878, "fair_value": 19.407254, "relative_strength": -2.68861, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.318293, "energy": 78.412783, "activity_lines": [ 21.546915, 21.45395, 21.333295, 21.229687 ] }, { "date": "2026-03-13", "close": 21.288525, "volume": 196729, "typical_volume": 238269.1, "trend": 21.095575, "fair_value": 19.425502, "relative_strength": -1.753452, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.577913, "energy": 50.888744, "activity_lines": [ 21.472693, 21.436375, 21.338355, 21.244051 ] }, { "date": "2026-03-20", "close": 21.100743, "volume": 309289, "typical_volume": 251354.85, "trend": 21.116057, "fair_value": 19.441732, "relative_strength": -0.628266, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 20.834903, "energy": 17.085419, "activity_lines": [ 21.335306, 21.383048, 21.324325, 21.244385 ] }, { "date": "2026-03-27", "close": 21.04176, "volume": 727312, "typical_volume": 280697.5, "trend": 21.131354, "fair_value": 19.458129, "relative_strength": 1.553649, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 1.115382, "energy": 20.496869, "activity_lines": [ 21.206929, 21.322395, 21.303945, 21.239591 ] }, { "date": "2026-04-03", "close": 21.222115, "volume": 76838, "typical_volume": 257813.55, "trend": 21.14781, "fair_value": 19.474864, "relative_strength": -0.483508, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 5.09089, "energy": 24.693142, "activity_lines": [ 21.174229, 21.29885, 21.300567, 21.245447 ] }, { "date": "2026-04-10", "close": 21.269635, "volume": 152826, "typical_volume": 262698.2, "trend": 21.162777, "fair_value": 19.493373, "relative_strength": -3.383611, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 4.869626, "energy": 21.157406, "activity_lines": [ 21.190128, 21.284901, 21.300774, 21.253306 ] }, { "date": "2026-04-17", "close": 21.36884, "volume": 160431, "typical_volume": 253187.7, "trend": 21.181912, "fair_value": 19.512685, "relative_strength": -6.679419, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 18.93892, "energy": 15.114241, "activity_lines": [ 21.251557, 21.288713, 21.309721, 21.266601 ] }, { "date": "2026-04-24", "close": 21.251328, "volume": 50950, "typical_volume": 254546.75, "trend": 21.19918, "fair_value": 19.529819, "relative_strength": -7.29724, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 12.441446, "energy": 7.456897, "activity_lines": [ 21.26846, 21.269543, 21.306715, 21.271079 ] }, { "date": "2026-05-01", "close": 21.170415, "volume": 53169, "typical_volume": 253543.6, "trend": 21.210514, "fair_value": 19.546708, "relative_strength": -8.157953, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 14.242832, "energy": 8.364783, "activity_lines": [ 21.248353, 21.240743, 21.295249, 21.269223 ] }, { "date": "2026-05-08", "close": 21.269574, "volume": 64530, "typical_volume": 251448.3, "trend": 21.223209, "fair_value": 19.563822, "relative_strength": -9.471848, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 23.047991, "energy": 11.196692, "activity_lines": [ 21.252722, 21.237331, 21.292647, 21.273034 ] }, { "date": "2026-05-15", "close": 21.041508, "volume": 23702, "typical_volume": 247526.3, "trend": 21.224413, "fair_value": 19.581474, "relative_strength": -10.332309, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -25.606203, "energy": 24.901748, "activity_lines": [ 21.177905, 21.200524, 21.267812, 21.261311 ] }, { "date": "2026-05-22", "close": 21.07861, "volume": 26570, "typical_volume": 238969.5, "trend": 21.225853, "fair_value": 19.600135, "relative_strength": -10.603642, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -29.671446, "energy": 36.946535, "activity_lines": [ 21.130664, 21.178009, 21.247316, 21.251904 ] }, { "date": "2026-05-29", "close": 21.201094, "volume": 70455, "typical_volume": 231798.35, "trend": 21.234333, "fair_value": 19.617984, "relative_strength": -11.02763, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -23.821811, "energy": 28.061618, "activity_lines": [ 21.1436, 21.18158, 21.239063, 21.250307 ] }, { "date": "2026-06-05", "close": 21.169029, "volume": 51574, "typical_volume": 209295.45, "trend": 21.239795, "fair_value": 19.635848, "relative_strength": -8.607675, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -22.609384, "energy": 27.470581, "activity_lines": [ 21.149196, 21.177497, 21.228169, 21.246094 ] }, { "date": "2026-06-12", "close": 21.240927, "volume": 66140, "typical_volume": 210912.15, "trend": 21.247002, "fair_value": 19.653722, "relative_strength": -8.515606, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -44.112226, "energy": 20.606086, "activity_lines": [ 21.178851, 21.184171, 21.224646, 21.246167 ] }, { "date": "2026-06-19", "close": 21.239996, "volume": 43556, "typical_volume": 186575.25, "trend": 21.25098, "fair_value": 19.671325, "relative_strength": -9.038007, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -31.507841, "energy": 15.602779, "activity_lines": [ 21.210105, 21.190335, 21.221196, 21.245715 ] }, { "date": "2026-06-26", "close": 21.334344, "volume": 35339, "typical_volume": 180504.7, "trend": 21.255152, "fair_value": 19.68995, "relative_strength": -6.171789, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 2.190263, "energy": 7.968649, "activity_lines": [ 21.259576, 21.214192, 21.2268, 21.251093 ] }, { "date": "2026-07-03", "close": 21.339323, "volume": 295758, "typical_volume": 171937.2, "trend": 21.263367, "fair_value": 19.711263, "relative_strength": -7.906627, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 13.499496, "energy": 15.029903, "activity_lines": [ 21.293657, 21.239581, 21.232619, 21.256524 ] }, { "date": "2026-07-10", "close": 21.279577, "volume": 905499, "typical_volume": 199723.3, "trend": 21.271058, "fair_value": 19.73009, "relative_strength": -9.143032, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 8.394854, "energy": 12.421904, "activity_lines": [ 21.298609, 21.252507, 21.23366, 21.257569 ] }, { "date": "2026-07-17", "close": 21.259661, "volume": 86380, "typical_volume": 189010.55, "trend": 21.274323, "fair_value": 19.74926, "relative_strength": -7.584902, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 7.630282, "energy": 10.393498, "activity_lines": [ 21.289551, 21.259828, 21.234212, 21.256834 ] }, { "date": "2026-07-24", "close": 21.02, "volume": 815580, "typical_volume": 210631.35, "trend": 21.267963, "fair_value": 19.767255, "relative_strength": -7.880373, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -43.986637, "energy": 19.189598, "activity_lines": [ 21.199358, 21.223754, 21.2141, 21.240426 ] }, { "date": "2026-07-31", "close": 21.0012, "volume": 247551, "typical_volume": 213172.45, "trend": 21.261336, "fair_value": 19.785991, "relative_strength": -8.672735, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -55.678953, "energy": 38.539952, "activity_lines": [ 21.117564, 21.184653, 21.194276, 21.223216 ] }, { "date": "2026-08-07", "close": 21.14, "volume": 34517, "typical_volume": 199433.85, "trend": 21.256415, "fair_value": 19.806452, "relative_strength": -10.907611, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -47.109641, "energy": 38.338056, "activity_lines": [ 21.104247, 21.172195, 21.189039, 21.215388 ] } ], "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." } } }