{ "ticker": { "uuid": "c0be8c9e-8fae-4b0e-912c-d316d8df2ec0", "symbol": "SOR", "name": "Source Capital Inc", "exchange": "NYSE", "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": "3b", "phase_label": "Stage 3B \u00b7 Distribution", "transition": "stage_3_churning", "transition_label": "Stage 3 range intact", "confidence": 93.328, "architecture_regime": "balance", "architecture_regime_label": "Balance", "architecture_modifier": "Upper balance after advance", "architecture_gate": "mixed", "architecture_direction": 21.929, "architecture_energy": 24.577, "architecture_maturity": 31.548, "architecture_confidence": 41.902, "architecture_tenure": "Established", "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": 49.22, "rotation_up": 51.62, "upward_expansion": 40.49, "deceleration": 24.07, "rotation_down": 24.63, "downward_expansion": 26.82 }, "activity_lines": [ 46.087666, 45.800208, 45.607267, 45.644856 ], "activity_state": "Compressed", "activity_direction": "Expanding", "rotation_direction": "Improving", "price_acceptance": 0.333333 }, "latest_close": 46.79, "trend_reference": 45.90163, "distance_from_trend": 0.019354, "trend_direction": "Weakening", "fair_value": 39.284678, "distance_from_fair_value": 0.19105, "fair_value_direction": "Weakening", "relative_strength": -7.781182, "relative_strength_direction": "Weakening", "price_momentum": -0.000102, "excess_performance": -0.125727, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.019354, "read": "Above" }, { "label": "Trend direction", "positive": false, "value": -0.000162, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.19105, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.021989, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.077812, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.008727, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.000102, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.574275, "read": "Supply-led" } ], "volume": { "latest": 49475, "relative_activity": 0.818878, "balance": 0.574275, "dry_up": 0.867614, "accumulation_observations": 1, "distribution_observations": 4 }, "risk": { "range_context": 0.029312, "annualized_volatility": 0.124792, "from_high_reference": -0.043096, "from_low_reference": 0.126743 }, "levels": { "trend_reference": 45.90163, "fair_value_reference": 39.284678, "structural_low": 43.605508, "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": 18, "median_return": 0.006, "positive_rate": 0.555556, "directional_follow_through": 0.555556, "median_excess_return": 0.001532, "regime_survival": 0.722222, "best_return": 0.057994, "worst_return": -0.06358, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 7, "median_return": 0.004644, "positive_rate": 0.571429, "directional_follow_through": 0.571429, "median_excess_return": 0.016136, "regime_survival": 0.428571, "best_return": 0.06519, "worst_return": -0.107389, "sufficient": true }, { "horizon": "Extended", "sample_count": 4, "median_return": 0.040999, "positive_rate": 0.75, "directional_follow_through": 0.75, "median_excess_return": 0.029844, "regime_survival": 0.0, "best_return": 0.096337, "worst_return": -0.109772, "sufficient": false }, { "horizon": "Full cycle", "sample_count": 3, "median_return": 0.200664, "positive_rate": 0.666667, "directional_follow_through": 0.666667, "median_excess_return": 0.037646, "regime_survival": 0.0, "best_return": 0.246872, "worst_return": -0.071223, "sufficient": false } ], "ledger": [ { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2022-12-02", "end": "2022-12-30", "tenure": "Developing", "return": 0.027295, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2023-01-06", "end": "2023-03-03", "tenure": "Developing", "return": 0.012984, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2023-03-10", "end": "2023-05-12", "tenure": "Developing", "return": -0.002767, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2023-05-19", "end": "2023-06-16", "tenure": "Developing", "return": 0.037027, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2023-06-23", "end": "2024-04-26", "tenure": "Extended", "return": 0.169844, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-05-03", "end": "2024-05-10", "tenure": "New", "return": 0.011956, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-05-17", "end": "2024-08-09", "tenure": "Established", "return": 0.014921, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-08-16", "end": "2024-08-23", "tenure": "New", "return": 0.020051, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-08-30", "end": "2025-01-31", "tenure": "Established", "return": 0.023692, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-02-07", "end": "2025-05-30", "tenure": "Established", "return": 0.029064, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-06-06", "end": "2026-03-13", "tenure": "Extended", "return": 0.137617, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-03-20", "end": "2026-03-27", "tenure": "New", "return": -0.008909, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-04-03", "end": "2026-04-24", "tenure": "New", "return": 0.018632, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-05-01", "end": "2026-08-07", "tenure": "Established", "return": 0.016499, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 30.430479, "volume": 86881, "typical_volume": 62701.4, "trend": 29.385047, "fair_value": 28.386913, "relative_strength": -2.134692, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 59.521545, "energy": 45.957786, "activity_lines": [ 30.561377, 30.433339, 29.98353, 29.656772 ] }, { "date": "2023-08-25", "close": 30.437418, "volume": 67837, "typical_volume": 63717.65, "trend": 29.406647, "fair_value": 28.433139, "relative_strength": -2.852474, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 54.828165, "energy": 37.117833, "activity_lines": [ 30.506311, 30.464111, 30.064426, 29.724666 ] }, { "date": "2023-09-01", "close": 31.140182, "volume": 77850, "typical_volume": 64913.25, "trend": 29.450406, "fair_value": 28.489962, "relative_strength": -3.021231, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.045652, "energy": 39.611295, "activity_lines": [ 30.684481, 30.614465, 30.202983, 29.836507 ] }, { "date": "2023-09-08", "close": 30.414708, "volume": 43471, "typical_volume": 63082.7, "trend": 29.476065, "fair_value": 28.538596, "relative_strength": -4.0216, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 50.780562, "energy": 31.507945, "activity_lines": [ 30.605373, 30.602867, 30.261074, 29.89872 ] }, { "date": "2023-09-15", "close": 30.752447, "volume": 46896, "typical_volume": 62291.4, "trend": 29.518483, "fair_value": 28.587192, "relative_strength": -2.737754, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 52.966373, "energy": 33.234969, "activity_lines": [ 30.676462, 30.643192, 30.345268, 29.981068 ] }, { "date": "2023-09-22", "close": 30.871366, "volume": 35508, "typical_volume": 61431.2, "trend": 29.578545, "fair_value": 28.639196, "relative_strength": 0.593011, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 55.445906, "energy": 35.066836, "activity_lines": [ 30.755235, 30.687814, 30.431876, 30.06835 ] }, { "date": "2023-09-29", "close": 30.593889, "volume": 61560, "typical_volume": 62494.2, "trend": 29.619498, "fair_value": 28.686365, "relative_strength": 0.446181, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 49.445156, "energy": 28.149167, "activity_lines": [ 30.712123, 30.675263, 30.481978, 30.133857 ] }, { "date": "2023-10-06", "close": 31.307403, "volume": 64160, "typical_volume": 63628.95, "trend": 29.715563, "fair_value": 28.737584, "relative_strength": 2.320247, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.485424, "energy": 36.368658, "activity_lines": [ 30.896418, 30.789319, 30.589333, 30.242754 ] }, { "date": "2023-10-13", "close": 30.546321, "volume": 44108, "typical_volume": 60785.1, "trend": 29.824026, "fair_value": 28.781231, "relative_strength": -0.532656, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 48.867676, "energy": 28.184003, "activity_lines": [ 30.815871, 30.757742, 30.612817, 30.296351 ] }, { "date": "2023-10-20", "close": 30.297148, "volume": 81001, "typical_volume": 61200.25, "trend": 29.904979, "fair_value": 28.825412, "relative_strength": 1.087948, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 33.720626, "energy": 17.513446, "activity_lines": [ 30.643492, 30.688726, 30.605029, 30.326875 ] }, { "date": "2023-10-27", "close": 30.042081, "volume": 31861, "typical_volume": 60953.7, "trend": 29.938767, "fair_value": 28.874754, "relative_strength": 2.767457, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 20.417859, "energy": 10.052172, "activity_lines": [ 30.416444, 30.572898, 30.568441, 30.33572 ] }, { "date": "2023-11-03", "close": 31.165969, "volume": 45195, "typical_volume": 60045.7, "trend": 30.027941, "fair_value": 28.92386, "relative_strength": 0.766223, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 39.046579, "energy": 16.990116, "activity_lines": [ 30.619311, 30.668475, 30.636226, 30.414895 ] }, { "date": "2023-11-10", "close": 31.325386, "volume": 82725, "typical_volume": 61426.45, "trend": 30.11373, "fair_value": 28.969847, "relative_strength": -0.076858, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 52.26211, "energy": 23.456255, "activity_lines": [ 30.837178, 30.77979, 30.713577, 30.498601 ] }, { "date": "2023-11-17", "close": 31.701794, "volume": 43807, "typical_volume": 59116.8, "trend": 30.199062, "fair_value": 29.016397, "relative_strength": -1.115807, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 58.032483, "energy": 40.109758, "activity_lines": [ 31.179315, 30.956176, 30.818026, 30.601056 ] }, { "date": "2023-11-24", "close": 31.856751, "volume": 18396, "typical_volume": 57811.05, "trend": 30.29826, "fair_value": 29.059773, "relative_strength": -1.586504, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.296761, "energy": 58.584582, "activity_lines": [ 31.496074, 31.137334, 30.928619, 30.708004 ] }, { "date": "2023-12-01", "close": 32.356235, "volume": 66984, "typical_volume": 58321.85, "trend": 30.418312, "fair_value": 29.101208, "relative_strength": -0.853757, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 69.430243, "energy": 68.17161, "activity_lines": [ 31.875353, 31.38923, 31.076987, 30.840777 ] }, { "date": "2023-12-08", "close": 32.161217, "volume": 40929, "typical_volume": 57019.1, "trend": 30.54546, "fair_value": 29.142464, "relative_strength": -1.611101, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.535359, "energy": 68.162802, "activity_lines": [ 32.03535, 31.57867, 31.197949, 30.953222 ] }, { "date": "2023-12-15", "close": 32.792022, "volume": 59248, "typical_volume": 57458.15, "trend": 30.674657, "fair_value": 29.186487, "relative_strength": -1.927156, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 74.249655, "energy": 72.992113, "activity_lines": [ 32.339265, 31.854304, 31.370707, 31.098162 ] }, { "date": "2023-12-22", "close": 32.7602, "volume": 59879, "typical_volume": 57696.95, "trend": 30.801242, "fair_value": 29.231664, "relative_strength": -2.788665, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 69.787686, "energy": 70.657538, "activity_lines": [ 32.534797, 32.09716, 31.531465, 31.232713 ] }, { "date": "2023-12-29", "close": 32.943788, "volume": 87059, "typical_volume": 57267.75, "trend": 30.921016, "fair_value": 29.278676, "relative_strength": -2.364271, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 69.566362, "energy": 66.16501, "activity_lines": [ 32.720965, 32.333144, 31.701225, 31.370942 ] }, { "date": "2024-01-05", "close": 32.515417, "volume": 87456, "typical_volume": 57296.5, "trend": 31.022114, "fair_value": 29.319075, "relative_strength": -1.943149, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.315397, "energy": 56.015383, "activity_lines": [ 32.691873, 32.44312, 31.81747, 31.473806 ] }, { "date": "2024-01-12", "close": 32.711244, "volume": 48627, "typical_volume": 56336.0, "trend": 31.11293, "fair_value": 29.359936, "relative_strength": -3.001643, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 59.817901, "energy": 45.837434, "activity_lines": [ 32.717445, 32.543732, 31.942438, 31.582782 ] }, { "date": "2024-01-19", "close": 32.439952, "volume": 57214, "typical_volume": 55304.2, "trend": 31.211345, "fair_value": 29.397491, "relative_strength": -4.728593, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 56.12204, "energy": 39.658341, "activity_lines": [ 32.615918, 32.566923, 32.03074, 31.668397 ] }, { "date": "2024-01-26", "close": 32.800852, "volume": 57892, "typical_volume": 56025.25, "trend": 31.308268, "fair_value": 29.442477, "relative_strength": -4.463977, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 58.449961, "energy": 37.697017, "activity_lines": [ 32.658161, 32.635466, 32.147224, 31.770945 ] }, { "date": "2024-02-02", "close": 33.246891, "volume": 86238, "typical_volume": 57992.35, "trend": 31.423179, "fair_value": 29.484586, "relative_strength": -4.362684, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.911412, "energy": 45.428058, "activity_lines": [ 32.846375, 32.765125, 32.294826, 31.896018 ] }, { "date": "2024-02-09", "close": 33.440629, "volume": 144469, "typical_volume": 63440.4, "trend": 31.521146, "fair_value": 29.525329, "relative_strength": -4.936994, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 69.067898, "energy": 56.085807, "activity_lines": [ 33.078961, 32.904734, 32.449, 32.026176 ] }, { "date": "2024-02-16", "close": 33.454926, "volume": 75117, "typical_volume": 64118.25, "trend": 31.622239, "fair_value": 29.565751, "relative_strength": -4.403842, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.118431, "energy": 69.086112, "activity_lines": [ 33.254632, 33.027225, 32.592302, 32.150936 ] }, { "date": "2024-02-23", "close": 33.545612, "volume": 46474, "typical_volume": 63233.95, "trend": 31.710147, "fair_value": 29.608001, "relative_strength": -5.500819, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.326135, "energy": 69.432904, "activity_lines": [ 33.410952, 33.142684, 32.730616, 32.275024 ] }, { "date": "2024-03-01", "close": 34.279345, "volume": 75283, "typical_volume": 64792.7, "trend": 31.82016, "fair_value": 29.650073, "relative_strength": -4.192836, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 81.168426, "energy": 78.780027, "activity_lines": [ 33.73814, 33.377846, 32.928152, 32.440779 ] }, { "date": "2024-03-08", "close": 34.963613, "volume": 51599, "typical_volume": 63322.6, "trend": 31.97651, "fair_value": 29.693392, "relative_strength": -1.889884, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 86.970563, "energy": 86.563653, "activity_lines": [ 34.194851, 33.7098, 33.17308, 32.643583 ] }, { "date": "2024-03-15", "close": 35.126848, "volume": 48196, "typical_volume": 64139.35, "trend": 32.133055, "fair_value": 29.73844, "relative_strength": -1.317848, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 82.90163, "energy": 88.788416, "activity_lines": [ 34.591525, 34.034709, 33.411332, 32.84683 ] }, { "date": "2024-03-22", "close": 34.671194, "volume": 135696, "typical_volume": 68664.4, "trend": 32.274181, "fair_value": 29.780608, "relative_strength": -4.595165, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.514758, "energy": 79.576109, "activity_lines": [ 34.7239, 34.229292, 33.581976, 33.010581 ] }, { "date": "2024-03-29", "close": 35.20141, "volume": 34694, "typical_volume": 66262.85, "trend": 32.409555, "fair_value": 29.824806, "relative_strength": -3.35688, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 73.761598, "energy": 80.74082, "activity_lines": [ 34.951929, 34.484641, 33.786425, 33.199435 ] }, { "date": "2024-04-05", "close": 35.077141, "volume": 46030, "typical_volume": 66374.0, "trend": 32.56497, "fair_value": 29.867005, "relative_strength": -2.75608, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.503136, "energy": 64.453071, "activity_lines": [ 35.028149, 34.667188, 33.960581, 33.371537 ] }, { "date": "2024-04-12", "close": 34.442786, "volume": 54753, "typical_volume": 68191.85, "trend": 32.687981, "fair_value": 29.901755, "relative_strength": -3.009397, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.845408, "energy": 51.885943, "activity_lines": [ 34.839731, 34.693011, 34.05825, 33.492686 ] }, { "date": "2024-04-19", "close": 34.638916, "volume": 40372, "typical_volume": 66861.25, "trend": 32.813566, "fair_value": 29.938429, "relative_strength": 0.683107, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 58.410272, "energy": 45.414728, "activity_lines": [ 34.751411, 34.73275, 34.162283, 33.618553 ] }, { "date": "2024-04-26", "close": 34.495781, "volume": 45121, "typical_volume": 67070.85, "trend": 32.943629, "fair_value": 29.973269, "relative_strength": -2.247493, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 44.168379, "energy": 33.081654, "activity_lines": [ 34.647908, 34.724678, 34.241815, 33.727083 ] }, { "date": "2024-05-03", "close": 34.822103, "volume": 48841, "typical_volume": 66550.5, "trend": 33.060786, "fair_value": 30.008035, "relative_strength": -1.836998, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 45.000302, "energy": 29.495832, "activity_lines": [ 34.664873, 34.757012, 34.341308, 33.848275 ] }, { "date": "2024-05-10", "close": 35.238436, "volume": 36581, "typical_volume": 65385.6, "trend": 33.21719, "fair_value": 30.044886, "relative_strength": -2.424795, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 64.248646, "energy": 39.525942, "activity_lines": [ 34.845904, 34.841835, 34.470784, 33.988769 ] }, { "date": "2024-05-17", "close": 36.054658, "volume": 80375, "typical_volume": 65051.4, "trend": 33.409107, "fair_value": 30.087869, "relative_strength": -1.734178, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 74.812329, "energy": 50.41593, "activity_lines": [ 35.288255, 35.057623, 34.666195, 34.171831 ] }, { "date": "2024-05-24", "close": 35.753436, "volume": 164744, "typical_volume": 68915.8, "trend": 33.599485, "fair_value": 30.126997, "relative_strength": -2.487574, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 61.99844, "energy": 44.093669, "activity_lines": [ 35.52274, 35.198806, 34.818105, 34.323078 ] }, { "date": "2024-05-31", "close": 35.770171, "volume": 40200, "typical_volume": 68494.45, "trend": 33.752958, "fair_value": 30.166108, "relative_strength": -2.011097, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 60.979338, "energy": 44.979764, "activity_lines": [ 35.688503, 35.33164, 34.956189, 34.463122 ] }, { "date": "2024-06-07", "close": 36.48139, "volume": 47989, "typical_volume": 68033.2, "trend": 33.924825, "fair_value": 30.209318, "relative_strength": -1.270782, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 70.873957, "energy": 56.211934, "activity_lines": [ 36.00638, 35.573805, 35.147441, 34.63915 ] }, { "date": "2024-06-14", "close": 36.104862, "volume": 39648, "typical_volume": 67121.0, "trend": 34.071594, "fair_value": 30.254037, "relative_strength": -3.802928, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 61.344412, "energy": 45.17081, "activity_lines": [ 36.088128, 35.724237, 35.28359, 34.779798 ] }, { "date": "2024-06-21", "close": 36.741575, "volume": 34537, "typical_volume": 64535.95, "trend": 34.234422, "fair_value": 30.300276, "relative_strength": -2.68996, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 70.383179, "energy": 57.200884, "activity_lines": [ 36.324351, 35.97175, 35.464644, 34.952055 ] }, { "date": "2024-06-28", "close": 37.216021, "volume": 64876, "typical_volume": 60556.3, "trend": 34.396415, "fair_value": 30.346786, "relative_strength": -1.380851, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 73.253999, "energy": 62.335095, "activity_lines": [ 36.672929, 36.26373, 35.674242, 35.144416 ] }, { "date": "2024-07-05", "close": 36.955971, "volume": 23083, "typical_volume": 57954.6, "trend": 34.55624, "fair_value": 30.393165, "relative_strength": -3.849096, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.231384, "energy": 55.454326, "activity_lines": [ 36.837319, 36.461571, 35.841095, 35.309548 ] }, { "date": "2024-07-12", "close": 36.985398, "volume": 48336, "typical_volume": 58047.7, "trend": 34.696019, "fair_value": 30.439137, "relative_strength": -4.617797, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 64.002343, "energy": 54.743865, "activity_lines": [ 36.932463, 36.620032, 35.994079, 35.466268 ] }, { "date": "2024-07-19", "close": 37.203488, "volume": 68322, "typical_volume": 57699.65, "trend": 34.844128, "fair_value": 30.487098, "relative_strength": -2.120491, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.220264, "energy": 49.621977, "activity_lines": [ 37.066704, 36.778813, 36.151454, 35.628041 ] }, { "date": "2024-07-26", "close": 36.76421, "volume": 63412, "typical_volume": 58290.3, "trend": 34.971476, "fair_value": 30.53102, "relative_strength": -2.438867, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 58.442113, "energy": 40.672178, "activity_lines": [ 36.981277, 36.821998, 36.253068, 35.751917 ] }, { "date": "2024-08-02", "close": 36.375618, "volume": 71708, "typical_volume": 59465.9, "trend": 35.100149, "fair_value": 30.572124, "relative_strength": -1.323532, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 43.812565, "energy": 28.337311, "activity_lines": [ 36.764811, 36.781628, 36.3091, 35.842507 ] }, { "date": "2024-08-09", "close": 36.592638, "volume": 45213, "typical_volume": 54941.75, "trend": 35.229529, "fair_value": 30.612248, "relative_strength": -0.745228, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 39.520238, "energy": 22.961165, "activity_lines": [ 36.676711, 36.769404, 36.379853, 35.938796 ] }, { "date": "2024-08-16", "close": 36.829991, "volume": 26563, "typical_volume": 54535.2, "trend": 35.375864, "fair_value": 30.656706, "relative_strength": -3.830056, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 38.702514, "energy": 20.270286, "activity_lines": [ 36.691951, 36.785381, 36.464061, 36.042052 ] }, { "date": "2024-08-23", "close": 37.568458, "volume": 96314, "typical_volume": 57049.4, "trend": 35.534784, "fair_value": 30.701749, "relative_strength": -3.176951, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 62.821951, "energy": 33.875546, "activity_lines": [ 36.963708, 36.929286, 36.610845, 36.18351 ] }, { "date": "2024-08-30", "close": 38.035984, "volume": 67044, "typical_volume": 57663.95, "trend": 35.69442, "fair_value": 30.750069, "relative_strength": -2.173153, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 68.035006, "energy": 51.675903, "activity_lines": [ 37.366975, 37.131586, 36.790292, 36.344877 ] }, { "date": "2024-09-06", "close": 36.88092, "volume": 76310, "typical_volume": 59460.85, "trend": 35.809097, "fair_value": 30.794937, "relative_strength": -1.023359, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 53.50772, "energy": 44.649146, "activity_lines": [ 37.300435, 37.100339, 36.842622, 36.421426 ] }, { "date": "2024-09-13", "close": 37.339279, "volume": 46879, "typical_volume": 59548.75, "trend": 35.938575, "fair_value": 30.841667, "relative_strength": -3.555385, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 53.071426, "energy": 43.816361, "activity_lines": [ 37.352996, 37.158523, 36.927929, 36.520147 ] }, { "date": "2024-09-20", "close": 37.516517, "volume": 67843, "typical_volume": 60498.85, "trend": 36.070939, "fair_value": 30.888931, "relative_strength": -4.277347, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 55.12105, "energy": 34.894769, "activity_lines": [ 37.414859, 37.241963, 37.016575, 36.62195 ] }, { "date": "2024-09-27", "close": 38.190262, "volume": 92888, "typical_volume": 63314.2, "trend": 36.201302, "fair_value": 30.941282, "relative_strength": -2.952829, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 64.654565, "energy": 38.384488, "activity_lines": [ 37.655536, 37.438245, 37.156557, 36.75868 ] }, { "date": "2024-10-04", "close": 37.772284, "volume": 78753, "typical_volume": 63233.1, "trend": 36.294925, "fair_value": 30.989472, "relative_strength": -4.054866, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 55.562968, "energy": 36.500065, "activity_lines": [ 37.715433, 37.54059, 37.242675, 36.860034 ] }, { "date": "2024-10-11", "close": 37.6615, "volume": 47645, "typical_volume": 57378.15, "trend": 36.379413, "fair_value": 31.035459, "relative_strength": -5.246093, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 52.725914, "energy": 35.044282, "activity_lines": [ 37.755982, 37.604463, 37.310063, 36.9482 ] }, { "date": "2024-10-18", "close": 37.799333, "volume": 32860, "typical_volume": 57011.15, "trend": 36.483685, "fair_value": 31.081738, "relative_strength": -5.495755, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 53.797969, "energy": 34.711417, "activity_lines": [ 37.790437, 37.670018, 37.381493, 37.039808 ] }, { "date": "2024-10-25", "close": 37.506275, "volume": 31960, "typical_volume": 56209.7, "trend": 36.560513, "fair_value": 31.124254, "relative_strength": -5.079656, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 50.459306, "energy": 28.185399, "activity_lines": [ 37.696536, 37.660349, 37.415349, 37.105781 ] }, { "date": "2024-11-01", "close": 37.737637, "volume": 73457, "typical_volume": 57900.15, "trend": 36.649197, "fair_value": 31.168809, "relative_strength": -2.976129, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 41.973824, "energy": 23.838414, "activity_lines": [ 37.680438, 37.68045, 37.466359, 37.181725 ] }, { "date": "2024-11-08", "close": 38.705928, "volume": 87110, "typical_volume": 60528.8, "trend": 36.791301, "fair_value": 31.218008, "relative_strength": -4.805582, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 68.76281, "energy": 39.30887, "activity_lines": [ 38.017279, 37.873528, 37.601812, 37.314417 ] }, { "date": "2024-11-15", "close": 38.085394, "volume": 36977, "typical_volume": 59133.85, "trend": 36.906184, "fair_value": 31.265345, "relative_strength": -4.172754, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 53.293595, "energy": 34.557206, "activity_lines": [ 38.085032, 37.941601, 37.668813, 37.397907 ] }, { "date": "2024-11-22", "close": 38.033741, "volume": 36638, "typical_volume": 59811.6, "trend": 37.024116, "fair_value": 31.315, "relative_strength": -5.682672, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 53.84845, "energy": 40.647819, "activity_lines": [ 38.107308, 37.978383, 37.726755, 37.470653 ] }, { "date": "2024-11-29", "close": 38.739664, "volume": 42703, "typical_volume": 59529.95, "trend": 37.154701, "fair_value": 31.370771, "relative_strength": -4.861605, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.82323, "energy": 47.706253, "activity_lines": [ 38.349264, 38.130888, 37.846795, 37.581333 ] }, { "date": "2024-12-06", "close": 39.285032, "volume": 36897, "typical_volume": 57958.7, "trend": 37.289588, "fair_value": 31.426013, "relative_strength": -4.188166, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 69.856509, "energy": 51.228436, "activity_lines": [ 38.690784, 38.360311, 38.010421, 37.718774 ] }, { "date": "2024-12-13", "close": 38.894622, "volume": 36290, "typical_volume": 56602.6, "trend": 37.384253, "fair_value": 31.483097, "relative_strength": -4.407325, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 59.932326, "energy": 48.484274, "activity_lines": [ 38.799007, 38.498846, 38.126954, 37.822324 ] }, { "date": "2024-12-20", "close": 39.187161, "volume": 39495, "typical_volume": 54991.95, "trend": 37.498711, "fair_value": 31.539123, "relative_strength": -1.781621, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.250293, "energy": 54.697141, "activity_lines": [ 38.992164, 38.670164, 38.261202, 37.938641 ] }, { "date": "2024-12-27", "close": 39.273648, "volume": 45268, "typical_volume": 54994.7, "trend": 37.615493, "fair_value": 31.592909, "relative_strength": -2.086436, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.099002, "energy": 54.574851, "activity_lines": [ 39.140699, 38.829468, 38.390299, 38.053153 ] }, { "date": "2025-01-03", "close": 39.150195, "volume": 97137, "typical_volume": 58523.4, "trend": 37.704454, "fair_value": 31.64595, "relative_strength": -1.770783, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 55.854594, "energy": 36.196351, "activity_lines": [ 39.165422, 38.93952, 38.494871, 38.152166 ] }, { "date": "2025-01-10", "close": 39.986698, "volume": 128408, "typical_volume": 60128.1, "trend": 37.833848, "fair_value": 31.70378, "relative_strength": 2.326771, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.404252, "energy": 39.687953, "activity_lines": [ 39.441611, 39.171773, 38.668062, 38.299408 ] }, { "date": "2025-01-17", "close": 38.955593, "volume": 159999, "typical_volume": 64775.85, "trend": 37.907649, "fair_value": 31.76112, "relative_strength": -3.082071, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 51.697705, "energy": 30.487749, "activity_lines": [ 39.32732, 39.175661, 38.731538, 38.371778 ] }, { "date": "2025-01-24", "close": 38.890929, "volume": 55889, "typical_volume": 63754.8, "trend": 37.963479, "fair_value": 31.816067, "relative_strength": -4.782421, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 48.021415, "energy": 25.679094, "activity_lines": [ 39.18741, 39.163253, 38.784475, 38.435216 ] }, { "date": "2025-01-31", "close": 38.937118, "volume": 56716, "typical_volume": 64246.65, "trend": 38.029517, "fair_value": 31.870114, "relative_strength": -3.600867, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 35.907752, "energy": 19.406622, "activity_lines": [ 39.082645, 39.144597, 38.83224, 38.498031 ] }, { "date": "2025-02-07", "close": 38.974069, "volume": 61194, "typical_volume": 63914.2, "trend": 38.095806, "fair_value": 31.927112, "relative_strength": -3.26583, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 31.840853, "energy": 14.051995, "activity_lines": [ 39.012633, 39.116234, 38.875916, 38.55897 ] }, { "date": "2025-02-14", "close": 39.591427, "volume": 42755, "typical_volume": 61407.55, "trend": 38.175404, "fair_value": 31.991492, "relative_strength": -3.092272, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 39.634218, "energy": 18.260456, "activity_lines": [ 39.160148, 39.195856, 38.971447, 38.655462 ] }, { "date": "2025-02-21", "close": 39.40577, "volume": 33445, "typical_volume": 59142.15, "trend": 38.263456, "fair_value": 32.053094, "relative_strength": -1.9433, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 45.75977, "energy": 21.866758, "activity_lines": [ 39.272129, 39.236151, 39.042623, 38.73484 ] }, { "date": "2025-02-28", "close": 39.452184, "volume": 40754, "typical_volume": 58797.6, "trend": 38.366008, "fair_value": 32.115179, "relative_strength": -0.839114, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 47.809786, "energy": 24.865087, "activity_lines": [ 39.369569, 39.275591, 39.110442, 38.811532 ] }, { "date": "2025-03-07", "close": 39.27581, "volume": 62205, "typical_volume": 60264.85, "trend": 38.455447, "fair_value": 32.178952, "relative_strength": 1.876896, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 46.17708, "energy": 24.573282, "activity_lines": [ 39.370801, 39.278145, 39.152936, 38.870229 ] }, { "date": "2025-03-14", "close": 38.680128, "volume": 75692, "typical_volume": 62451.45, "trend": 38.517119, "fair_value": 32.235174, "relative_strength": 2.693593, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 29.093687, "energy": 13.575231, "activity_lines": [ 39.150893, 39.172354, 39.131668, 38.884725 ] }, { "date": "2025-03-21", "close": 38.586833, "volume": 52155, "typical_volume": 61386.35, "trend": 38.551065, "fair_value": 32.291726, "relative_strength": 1.896179, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 13.91223, "energy": 7.585705, "activity_lines": [ 38.919483, 39.058147, 39.095925, 38.889222 ] }, { "date": "2025-03-28", "close": 38.773423, "volume": 42688, "typical_volume": 59165.25, "trend": 38.575646, "fair_value": 32.344925, "relative_strength": 3.873589, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 13.356343, "energy": 9.742146, "activity_lines": [ 38.817242, 39.003317, 39.073908, 38.903568 ] }, { "date": "2025-04-04", "close": 36.982159, "volume": 73791, "typical_volume": 61005.95, "trend": 38.57902, "fair_value": 32.391004, "relative_strength": 8.80774, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -31.179827, "energy": 32.30972, "activity_lines": [ 38.16007, 38.626116, 38.880974, 38.800763 ] }, { "date": "2025-04-11", "close": 37.450593, "volume": 100838, "typical_volume": 64215.95, "trend": 38.582731, "fair_value": 32.441502, "relative_strength": 4.216092, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -25.420036, "energy": 40.85346, "activity_lines": [ 37.823711, 38.368788, 38.737905, 38.727961 ] }, { "date": "2025-04-18", "close": 38.540764, "volume": 53427, "typical_volume": 64752.15, "trend": 38.616872, "fair_value": 32.503229, "relative_strength": 8.710266, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -27.317031, "energy": 38.628855, "activity_lines": [ 37.972423, 38.336702, 38.70144, 38.725253 ] }, { "date": "2025-04-25", "close": 38.751779, "volume": 76168, "typical_volume": 66715.7, "trend": 38.63559, "fair_value": 32.573258, "relative_strength": 4.44663, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -21.685623, "energy": 26.646585, "activity_lines": [ 38.200765, 38.35086, 38.686018, 38.733957 ] }, { "date": "2025-05-02", "close": 39.126917, "volume": 73527, "typical_volume": 68577.55, "trend": 38.680744, "fair_value": 32.643593, "relative_strength": 2.456353, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 1.357716, "energy": 2.216845, "activity_lines": [ 38.543156, 38.448492, 38.708863, 38.765655 ] }, { "date": "2025-05-09", "close": 39.155053, "volume": 47523, "typical_volume": 68978.95, "trend": 38.730529, "fair_value": 32.714807, "relative_strength": 2.944245, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 7.92486, "energy": 10.543428, "activity_lines": [ 38.871359, 38.556309, 38.733281, 38.796256 ] }, { "date": "2025-05-16", "close": 40.123792, "volume": 31235, "typical_volume": 68277.3, "trend": 38.808011, "fair_value": 32.794782, "relative_strength": 0.231106, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 39.827293, "energy": 26.489456, "activity_lines": [ 39.377616, 38.845662, 38.850114, 38.886144 ] }, { "date": "2025-05-23", "close": 39.694988, "volume": 39638, "typical_volume": 65402.35, "trend": 38.880968, "fair_value": 32.86273, "relative_strength": 1.739208, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 44.282602, "energy": 30.359257, "activity_lines": [ 39.562725, 39.041634, 38.922059, 38.943368 ] }, { "date": "2025-05-30", "close": 40.106828, "volume": 89581, "typical_volume": 63461.0, "trend": 38.959941, "fair_value": 32.935473, "relative_strength": 1.020308, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 58.580608, "energy": 45.421215, "activity_lines": [ 39.808166, 39.294034, 39.030633, 39.022456 ] }, { "date": "2025-06-06", "close": 40.147352, "volume": 97569, "typical_volume": 60339.5, "trend": 39.007989, "fair_value": 33.013817, "relative_strength": -0.461416, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 57.929964, "energy": 47.660021, "activity_lines": [ 39.976778, 39.526165, 39.142494, 39.099063 ] }, { "date": "2025-06-13", "close": 40.147352, "volume": 50934, "typical_volume": 60091.75, "trend": 39.076721, "fair_value": 33.100034, "relative_strength": -0.101351, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 56.684156, "energy": 43.464181, "activity_lines": [ 40.077361, 39.733316, 39.248681, 39.17257 ] }, { "date": "2025-06-20", "close": 40.273742, "volume": 27979, "typical_volume": 58654.9, "trend": 39.151387, "fair_value": 33.182399, "relative_strength": 0.389969, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 57.938551, "energy": 43.034757, "activity_lines": [ 40.153921, 39.905898, 39.360921, 39.249798 ] }, { "date": "2025-06-27", "close": 40.884596, "volume": 32006, "typical_volume": 57195.5, "trend": 39.222885, "fair_value": 33.264347, "relative_strength": -1.429411, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.367956, "energy": 47.947749, "activity_lines": [ 40.424102, 40.138214, 39.524973, 39.361617 ] }, { "date": "2025-07-04", "close": 41.652852, "volume": 41864, "typical_volume": 57150.95, "trend": 39.301812, "fair_value": 33.355599, "relative_strength": -1.228194, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 73.020885, "energy": 61.898543, "activity_lines": [ 40.871062, 40.467598, 39.753095, 39.518389 ] }, { "date": "2025-07-11", "close": 41.433891, "volume": 26653, "typical_volume": 56811.35, "trend": 39.386455, "fair_value": 33.446507, "relative_strength": -1.464454, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 68.255452, "energy": 66.941129, "activity_lines": [ 41.141966, 40.704424, 39.950547, 39.655943 ] }, { "date": "2025-07-18", "close": 41.406197, "volume": 98442, "typical_volume": 59695.75, "trend": 39.460423, "fair_value": 33.533167, "relative_strength": -2.078161, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.216963, "energy": 67.678864, "activity_lines": [ 41.317869, 40.89427, 40.135703, 39.786249 ] }, { "date": "2025-07-25", "close": 41.702803, "volume": 56604, "typical_volume": 59415.7, "trend": 39.541395, "fair_value": 33.615198, "relative_strength": -2.769704, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.853454, "energy": 66.490555, "activity_lines": [ 41.508718, 41.097114, 40.339803, 39.930919 ] }, { "date": "2025-08-01", "close": 41.488699, "volume": 48608, "typical_volume": 58061.5, "trend": 39.619345, "fair_value": 33.699121, "relative_strength": -0.808658, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 60.632069, "energy": 53.667366, "activity_lines": [ 41.532929, 41.232321, 40.511956, 40.056551 ] }, { "date": "2025-08-08", "close": 41.707561, "volume": 37764, "typical_volume": 57341.95, "trend": 39.676707, "fair_value": 33.778673, "relative_strength": -2.591973, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.68381, "energy": 43.5582, "activity_lines": [ 41.58982, 41.374709, 40.691578, 40.191275 ] }, { "date": "2025-08-15", "close": 41.849088, "volume": 33228, "typical_volume": 56868.95, "trend": 39.773157, "fair_value": 33.863859, "relative_strength": -3.150556, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.26072, "energy": 43.389736, "activity_lines": [ 41.690239, 41.513724, 40.869818, 40.331428 ] }, { "date": "2025-08-22", "close": 42.174167, "volume": 37548, "typical_volume": 55056.8, "trend": 39.882598, "fair_value": 33.954267, "relative_strength": -2.616718, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.397926, "energy": 45.166907, "activity_lines": [ 41.871338, 41.680904, 41.064372, 40.486332 ] }, { "date": "2025-08-29", "close": 42.547051, "volume": 41340, "typical_volume": 52081.9, "trend": 40.002929, "fair_value": 34.050632, "relative_strength": -1.649675, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 69.016989, "energy": 52.173565, "activity_lines": [ 42.125534, 41.879029, 41.269714, 40.658233 ] }, { "date": "2025-09-05", "close": 42.79564, "volume": 34974, "typical_volume": 51159.25, "trend": 40.130315, "fair_value": 34.144626, "relative_strength": -1.325442, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 69.55982, "energy": 61.450123, "activity_lines": [ 42.406309, 42.08102, 41.474464, 40.838407 ] }, { "date": "2025-09-12", "close": 43.082188, "volume": 64822, "typical_volume": 50591.95, "trend": 40.246673, "fair_value": 34.243282, "relative_strength": -2.152831, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 71.099901, "energy": 64.556817, "activity_lines": [ 42.695472, 42.300364, 41.686242, 41.028851 ] }, { "date": "2025-09-19", "close": 43.224532, "volume": 49235, "typical_volume": 49377.35, "trend": 40.373965, "fair_value": 34.352382, "relative_strength": -2.980405, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 69.519624, "energy": 64.125461, "activity_lines": [ 42.94044, 42.519601, 41.890956, 41.220971 ] }, { "date": "2025-09-26", "close": 42.965185, "volume": 29735, "typical_volume": 48487.95, "trend": 40.491065, "fair_value": 34.460536, "relative_strength": -3.213225, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.570654, "energy": 50.450711, "activity_lines": [ 43.007263, 42.659127, 42.051457, 41.388146 ] }, { "date": "2025-10-03", "close": 43.29177, "volume": 52152, "typical_volume": 49533.8, "trend": 40.624931, "fair_value": 34.569176, "relative_strength": -3.498301, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.870124, "energy": 47.78444, "activity_lines": [ 43.130213, 42.829687, 42.224918, 41.568837 ] }, { "date": "2025-10-10", "close": 43.551117, "volume": 53459, "typical_volume": 50224.85, "trend": 40.787297, "fair_value": 34.681209, "relative_strength": -0.539714, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.560582, "energy": 46.136198, "activity_lines": [ 43.289965, 43.01851, 42.407994, 41.757623 ] }, { "date": "2025-10-17", "close": 43.495596, "volume": 34159, "typical_volume": 47453.75, "trend": 40.950923, "fair_value": 34.788668, "relative_strength": -2.367134, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.504143, "energy": 43.897961, "activity_lines": [ 43.380844, 43.159741, 42.567419, 41.932352 ] }, { "date": "2025-10-24", "close": 44.029977, "volume": 50786, "typical_volume": 45114.6, "trend": 41.126141, "fair_value": 34.894411, "relative_strength": -3.029168, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 69.078913, "energy": 49.978612, "activity_lines": [ 43.62229, 43.365621, 42.761601, 42.131001 ] }, { "date": "2025-10-31", "close": 43.991283, "volume": 50154, "typical_volume": 45075.6, "trend": 41.359778, "fair_value": 35.002405, "relative_strength": -3.731691, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.326024, "energy": 51.33745, "activity_lines": [ 43.797141, 43.524814, 42.933609, 42.315849 ] }, { "date": "2025-11-07", "close": 43.773786, "volume": 39659, "typical_volume": 45659.6, "trend": 41.570552, "fair_value": 35.104018, "relative_strength": -2.617405, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 60.831444, "energy": 49.86617, "activity_lines": [ 43.831087, 43.611424, 43.066598, 42.471591 ] }, { "date": "2025-11-14", "close": 44.134479, "volume": 33955, "typical_volume": 45757.05, "trend": 41.757009, "fair_value": 35.20708, "relative_strength": -1.951768, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.724169, "energy": 51.648647, "activity_lines": [ 43.953129, 43.741309, 43.217273, 42.637006 ] }, { "date": "2025-11-21", "close": 45.210457, "volume": 33999, "typical_volume": 45363.8, "trend": 41.972298, "fair_value": 35.316378, "relative_strength": 2.28831, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 77.256976, "energy": 58.502848, "activity_lines": [ 44.39494, 44.042485, 43.454945, 42.859809 ] }, { "date": "2025-11-28", "close": 47.245994, "volume": 37944, "typical_volume": 45928.35, "trend": 42.242934, "fair_value": 35.436648, "relative_strength": 2.963415, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 88.468585, "energy": 78.12477, "activity_lines": [ 45.400939, 44.675062, 43.869538, 43.200047 ] }, { "date": "2025-12-05", "close": 45.588503, "volume": 61343, "typical_volume": 44073.4, "trend": 42.457382, "fair_value": 35.548391, "relative_strength": -1.012329, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.606506, "energy": 64.12944, "activity_lines": [ 45.64004, 44.93316, 44.098597, 43.41589 ] }, { "date": "2025-12-12", "close": 45.792066, "volume": 66922, "typical_volume": 44589.3, "trend": 42.646325, "fair_value": 35.663381, "relative_strength": -0.054835, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.208918, "energy": 61.847123, "activity_lines": [ 45.840514, 45.180573, 44.327128, 43.631031 ] }, { "date": "2025-12-19", "close": 46.105912, "volume": 84570, "typical_volume": 46387.4, "trend": 42.860022, "fair_value": 35.779995, "relative_strength": 0.489332, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.066841, "energy": 51.791514, "activity_lines": [ 46.011052, 45.439589, 44.566076, 43.85423 ] }, { "date": "2025-12-26", "close": 45.896561, "volume": 17857, "typical_volume": 45392.05, "trend": 43.053013, "fair_value": 35.886631, "relative_strength": -1.367297, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 57.778833, "energy": 44.315886, "activity_lines": [ 45.980377, 45.61409, 44.763099, 44.050136 ] }, { "date": "2026-01-02", "close": 45.258771, "volume": 71103, "typical_volume": 47285.8, "trend": 43.223394, "fair_value": 35.990925, "relative_strength": -1.702792, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 53.110428, "energy": 36.189145, "activity_lines": [ 45.691365, 45.628975, 44.879433, 44.192443 ] }, { "date": "2026-01-09", "close": 46.865613, "volume": 91490, "typical_volume": 49982.9, "trend": 43.447336, "fair_value": 36.103035, "relative_strength": 0.250603, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.988012, "energy": 42.122364, "activity_lines": [ 46.070448, 45.913672, 45.132563, 44.427425 ] }, { "date": "2026-01-16", "close": 46.721427, "volume": 42012, "typical_volume": 50016.5, "trend": 43.662259, "fair_value": 36.212841, "relative_strength": 0.244686, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.355707, "energy": 41.166289, "activity_lines": [ 46.316329, 46.119892, 45.34962, 44.638657 ] }, { "date": "2026-01-23", "close": 46.85345, "volume": 54244, "typical_volume": 50980.0, "trend": 43.861221, "fair_value": 36.322226, "relative_strength": 0.788556, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.452534, "energy": 41.908005, "activity_lines": [ 46.54426, 46.296523, 45.559373, 44.84454 ] }, { "date": "2026-01-30", "close": 47.714044, "volume": 63514, "typical_volume": 50914.6, "trend": 44.06326, "fair_value": 36.436883, "relative_strength": 2.131549, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 69.109178, "energy": 58.802161, "activity_lines": [ 47.00922, 46.58019, 45.831765, 45.093109 ] }, { "date": "2026-02-06", "close": 46.794774, "volume": 68754, "typical_volume": 51890.55, "trend": 44.241956, "fair_value": 36.546818, "relative_strength": 0.29896, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 57.244382, "energy": 41.433939, "activity_lines": [ 47.046591, 46.651198, 45.99455, 45.269336 ] }, { "date": "2026-02-13", "close": 47.819956, "volume": 59694, "typical_volume": 53388.5, "trend": 44.455748, "fair_value": 36.664383, "relative_strength": 3.698592, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.645684, "energy": 43.794155, "activity_lines": [ 47.323289, 46.916806, 46.237971, 45.500175 ] }, { "date": "2026-02-20", "close": 48.340485, "volume": 35012, "typical_volume": 52531.5, "trend": 44.677004, "fair_value": 36.787915, "relative_strength": 3.551742, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.120871, "energy": 47.270138, "activity_lines": [ 47.709874, 47.236483, 46.507848, 45.750803 ] }, { "date": "2026-02-27", "close": 47.368175, "volume": 83029, "typical_volume": 54010.0, "trend": 44.872987, "fair_value": 36.903318, "relative_strength": 1.923459, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 56.698442, "energy": 40.027631, "activity_lines": [ 47.664418, 47.333043, 46.661082, 45.924427 ] }, { "date": "2026-03-06", "close": 46.415508, "volume": 82468, "typical_volume": 56425.45, "trend": 45.029919, "fair_value": 37.018639, "relative_strength": 1.894116, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 52.283239, "energy": 33.55243, "activity_lines": [ 47.267092, 47.233439, 46.70541, 46.023944 ] }, { "date": "2026-03-13", "close": 45.67233, "volume": 50026, "typical_volume": 56387.45, "trend": 45.15736, "fair_value": 37.136458, "relative_strength": 1.80663, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 28.678871, "energy": 16.442968, "activity_lines": [ 46.708609, 46.989278, 46.665055, 46.06539 ] }, { "date": "2026-03-20", "close": 44.296093, "volume": 43317, "typical_volume": 56045.6, "trend": 45.228091, "fair_value": 37.241763, "relative_strength": 0.574845, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 4.790881, "energy": 14.305236, "activity_lines": [ 45.76621, 46.487372, 46.485809, 46.009825 ] }, { "date": "2026-03-27", "close": 43.901473, "volume": 50322, "typical_volume": 56578.75, "trend": 45.273238, "fair_value": 37.337103, "relative_strength": 1.993931, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -26.234518, "energy": 29.188107, "activity_lines": [ 44.927195, 45.960435, 46.267528, 45.924236 ] }, { "date": "2026-04-03", "close": 44.814031, "volume": 49320, "typical_volume": 57347.0, "trend": 45.340518, "fair_value": 37.441739, "relative_strength": 0.82556, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -17.75527, "energy": 27.104208, "activity_lines": [ 44.6883, 45.65069, 46.13555, 45.89461 ] }, { "date": "2026-04-10", "close": 45.124795, "volume": 119564, "typical_volume": 61625.25, "trend": 45.408605, "fair_value": 37.546695, "relative_strength": -1.879873, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -17.416296, "energy": 29.509971, "activity_lines": [ 44.723269, 45.434528, 46.029932, 45.880692 ] }, { "date": "2026-04-17", "close": 46.09989, "volume": 75314, "typical_volume": 63493.75, "trend": 45.50445, "fair_value": 37.655401, "relative_strength": -3.840623, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -10.412662, "energy": 14.388818, "activity_lines": [ 45.169317, 45.442733, 46.017588, 45.925291 ] }, { "date": "2026-04-24", "close": 45.648999, "volume": 41970, "typical_volume": 62525.1, "trend": 45.59391, "fair_value": 37.762889, "relative_strength": -5.092108, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": 2.874435, "energy": 4.500188, "activity_lines": [ 45.436565, 45.381592, 45.96776, 45.934617 ] }, { "date": "2026-05-01", "close": 46.030522, "volume": 108949, "typical_volume": 64626.45, "trend": 45.685202, "fair_value": 37.873632, "relative_strength": -5.028546, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 0.302437, "energy": 4.418817, "activity_lines": [ 45.740793, 45.429291, 45.95398, 45.962786 ] }, { "date": "2026-05-08", "close": 46.080071, "volume": 64217, "typical_volume": 63608.8, "trend": 45.769501, "fair_value": 37.987307, "relative_strength": -6.908485, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 5.160525, "energy": 8.035309, "activity_lines": [ 45.919601, 45.527998, 45.943783, 45.988261 ] }, { "date": "2026-05-15", "close": 45.180047, "volume": 68170, "typical_volume": 66124.45, "trend": 45.825649, "fair_value": 38.091563, "relative_strength": -8.730389, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -2.496589, "energy": 4.325615, "activity_lines": [ 45.713998, 45.486485, 45.847992, 45.950232 ] }, { "date": "2026-05-22", "close": 44.946108, "volume": 71102, "typical_volume": 66124.4, "trend": 45.856187, "fair_value": 38.194021, "relative_strength": -9.756243, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -7.901584, "energy": 5.628339, "activity_lines": [ 45.426732, 45.4249, 45.733334, 45.893487 ] }, { "date": "2026-05-29", "close": 45.577842, "volume": 43466, "typical_volume": 63723.2, "trend": 45.909072, "fair_value": 38.298042, "relative_strength": -9.575824, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -39.894802, "energy": 18.18728, "activity_lines": [ 45.426963, 45.491379, 45.680329, 45.87553 ] }, { "date": "2026-06-05", "close": 45.244753, "volume": 45918, "typical_volume": 63918.5, "trend": 45.958104, "fair_value": 38.399082, "relative_strength": -7.761546, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -43.448226, "energy": 24.712139, "activity_lines": [ 45.320908, 45.473993, 45.601734, 45.83267 ] }, { "date": "2026-06-12", "close": 44.844685, "volume": 45556, "typical_volume": 63484.1, "trend": 45.981778, "fair_value": 38.494325, "relative_strength": -8.895602, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -49.977195, "energy": 31.088262, "activity_lines": [ 45.133882, 45.359444, 45.492069, 45.760837 ] }, { "date": "2026-06-19", "close": 45.167582, "volume": 47773, "typical_volume": 62697.05, "trend": 45.980349, "fair_value": 38.594838, "relative_strength": -8.872992, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -46.97645, "energy": 28.587433, "activity_lines": [ 45.136847, 45.303046, 45.422722, 45.708308 ] }, { "date": "2026-06-26", "close": 44.699679, "volume": 66449, "typical_volume": 62581.8, "trend": 45.895471, "fair_value": 38.689752, "relative_strength": -7.462804, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -53.836879, "energy": 37.80816, "activity_lines": [ 44.984675, 45.160797, 45.320938, 45.625684 ] }, { "date": "2026-07-03", "close": 46.372183, "volume": 66086, "typical_volume": 62901.4, "trend": 45.921594, "fair_value": 38.795987, "relative_strength": -5.896884, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -21.051506, "energy": 11.551106, "activity_lines": [ 45.406433, 45.348097, 45.388417, 45.65644 ] }, { "date": "2026-07-10", "close": 45.744994, "volume": 34506, "typical_volume": 62876.1, "trend": 45.920025, "fair_value": 38.893701, "relative_strength": -8.244634, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -17.298285, "energy": 9.172436, "activity_lines": [ 45.566173, 45.408215, 45.403058, 45.645046 ] }, { "date": "2026-07-17", "close": 45.315, "volume": 69561, "typical_volume": 62202.7, "trend": 45.893661, "fair_value": 38.989168, "relative_strength": -7.526669, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -20.024878, "energy": 10.560807, "activity_lines": [ 45.549231, 45.395343, 45.389107, 45.606012 ] }, { "date": "2026-07-24", "close": 44.89, "volume": 42564, "typical_volume": 60207.5, "trend": 45.860109, "fair_value": 39.078793, "relative_strength": -7.70724, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -36.207084, "energy": 16.881048, "activity_lines": [ 45.359268, 45.319109, 45.344457, 45.54126 ] }, { "date": "2026-07-31", "close": 46.58, "volume": 48078, "typical_volume": 60110.1, "trend": 45.90415, "fair_value": 39.1788, "relative_strength": -5.129235, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -0.431204, "energy": 5.444888, "activity_lines": [ 45.751145, 45.555421, 45.468023, 45.587704 ] }, { "date": "2026-08-07", "close": 46.79, "volume": 49475, "typical_volume": 60418.0, "trend": 45.90163, "fair_value": 39.284678, "relative_strength": -7.781182, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 21.929439, "energy": 24.577086, "activity_lines": [ 46.087666, 45.800208, 45.607267, 45.644856 ] } ], "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." } } }