{ "ticker": { "uuid": "c1bf867d-ba26-4920-b1c7-c29de5bb5a7b", "symbol": "FFLS", "name": "NORTHERN LIGHTS FUND TRUST II THE FUTURE FUND LONG/SHORT 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": "3b", "phase_label": "Stage 3B \u00b7 Distribution", "transition": "stage_3_churning", "transition_label": "Stage 3 range intact", "confidence": 71.761, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Early expansion", "architecture_gate": "up", "architecture_direction": 73.028, "architecture_energy": 34.455, "architecture_maturity": 14.1, "architecture_confidence": 60.516, "architecture_tenure": "New", "architecture": { "interpretation": { "headline": "The weekly architecture is expanding upward.", "body": "Trend and Activity show sustained positive alignment with constructive price acceptance. Directional energy remains positive; cooling within this regime can indicate that it is maturing." }, "scores": { "balance": 33.43, "rotation_up": 50.5, "upward_expansion": 76.58, "deceleration": 61.87, "rotation_down": 25.81, "downward_expansion": 7.91 }, "activity_lines": [ 23.163567, 23.059018, 22.93702, 22.814537 ], "activity_state": "Compressed", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.333333 }, "latest_close": 24.0764, "trend_reference": 22.771173, "distance_from_trend": 0.057319, "trend_direction": "Weakening", "fair_value": 21.45962, "distance_from_fair_value": 0.12194, "fair_value_direction": "Improving", "relative_strength": -7.221343, "relative_strength_direction": "Improving", "price_momentum": 0.050454, "excess_performance": -0.075171, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.057319, "read": "Above" }, { "label": "Trend direction", "positive": false, "value": -0.003872, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.12194, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.046327, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.072213, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.059994, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.050454, "read": "Positive" }, { "label": "Volume balance", "positive": false, "value": 0.666106, "read": "Supply-led" } ], "volume": { "latest": 22525, "relative_activity": 0.744906, "balance": 0.666106, "dry_up": 1.060983, "accumulation_observations": 3, "distribution_observations": 6 }, "risk": { "range_context": 0.024347, "annualized_volatility": 0.125155, "from_high_reference": -0.014592, "from_low_reference": 0.12358 }, "levels": { "trend_reference": 22.771173, "fair_value_reference": 21.45962, "structural_low": 21.4283, "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": 9, "median_return": 0.01068, "positive_rate": 0.555556, "directional_follow_through": 0.555556, "median_excess_return": -0.016197, "regime_survival": 0.777778, "best_return": 0.030356, "worst_return": -0.04668, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 3, "median_return": 0.014996, "positive_rate": 0.666667, "directional_follow_through": 0.666667, "median_excess_return": -0.055962, "regime_survival": 0.333333, "best_return": 0.041718, "worst_return": -0.038266, "sufficient": false }, { "horizon": "Extended", "sample_count": 2, "median_return": 0.037437, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": -0.046882, "regime_survival": 0.5, "best_return": 0.096223, "worst_return": -0.02135, "sufficient": false }, { "horizon": "Full cycle", "sample_count": 1, "median_return": 0.072819, "positive_rate": 1.0, "directional_follow_through": 1.0, "median_excess_return": -0.100931, "regime_survival": 0.0, "best_return": 0.072819, "worst_return": 0.072819, "sufficient": false } ], "ledger": [ { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-12-27", "end": "2025-03-21", "tenure": "Established", "return": 0.029488, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-03-28", "end": "2025-05-23", "tenure": "Developing", "return": 0.043271, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-05-30", "end": "2025-10-03", "tenure": "Established", "return": 0.028652, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-10-10", "end": "2025-10-17", "tenure": "New", "return": 0.007848, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-10-24", "end": "2025-11-07", "tenure": "New", "return": -0.00019, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-11-14", "end": "2025-12-05", "tenure": "New", "return": 0.008506, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-12-12", "end": "2026-01-09", "tenure": "Developing", "return": 0.036295, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-01-16", "end": "2026-01-23", "tenure": "New", "return": 0.001486, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2026-01-30", "end": "2026-02-13", "tenure": "New", "return": -0.036232, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-02-20", "end": "2026-05-08", "tenure": "Developing", "return": 0.011867, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-05-15", "end": "2026-07-31", "tenure": "Developing", "return": 0.008446, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-08-07", "end": "2026-08-07", "tenure": "New", "return": 0.0, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 16.773108, "volume": 4104, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-08-25", "close": 17.257482, "volume": 2670, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-09-01", "close": 17.967879, "volume": 10394, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-09-08", "close": 18.138055, "volume": 3233, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-09-15", "close": 18.116352, "volume": 3462, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-09-22", "close": 17.60864, "volume": 3072, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-09-29", "close": 17.617721, "volume": 3194, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-10-06", "close": 17.566686, "volume": 1936, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-10-13", "close": 17.436739, "volume": 1505, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-10-20", "close": 17.140157, "volume": 212, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-10-27", "close": 16.63299, "volume": 4473, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-11-03", "close": 17.252215, "volume": 2489, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-11-10", "close": 17.312149, "volume": 712, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-11-17", "close": 17.787352, "volume": 1049, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-11-24", "close": 18.007018, "volume": 823, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-12-01", "close": 17.963248, "volume": 581, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-12-08", "close": 17.970967, "volume": 330, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-12-15", "close": 18.203074, "volume": 1759, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-12-22", "close": 18.307413, "volume": 13494, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-12-29", "close": 18.350457, "volume": 131, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-01-05", "close": 18.306505, "volume": 1807, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-01-12", "close": 18.55069, "volume": 333, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-01-19", "close": 18.384329, "volume": 3741, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-01-26", "close": 18.416656, "volume": 5025, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-02-02", "close": 18.444716, "volume": 2519, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-02-09", "close": 19.072659, "volume": 3163, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-02-16", "close": 19.349807, "volume": 1473, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-02-23", "close": 19.324018, "volume": 10231, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-03-01", "close": 19.881674, "volume": 405, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-03-08", "close": 19.787143, "volume": 21425, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-03-15", "close": 19.916908, "volume": 1199, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-03-22", "close": 20.413542, "volume": 289, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-03-29", "close": 20.407457, "volume": 186, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-04-05", "close": 20.4179, "volume": 381, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-04-12", "close": 20.422532, "volume": 100, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-04-19", "close": 19.984379, "volume": 2173, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-04-26", "close": 20.476835, "volume": 6898, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-05-03", "close": 20.496995, "volume": 901, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-05-10", "close": 20.482102, "volume": 377, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-05-17", "close": 20.939234, "volume": 995, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-05-24", "close": 21.009701, "volume": 624, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-05-31", "close": 20.903364, "volume": 947282, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-06-07", "close": 21.165529, "volume": 39767, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-06-14", "close": 20.985909, "volume": 248289, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-06-21", "close": 21.004071, "volume": 68514, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-06-28", "close": 21.085799, "volume": 67419, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-07-05", "close": 21.267689, "volume": 31508, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-07-12", "close": 21.579617, "volume": 44852, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-07-19", "close": 20.740726, "volume": 17652, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-07-26", "close": 20.53795, "volume": 26631, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-08-02", "close": 19.923447, "volume": 50817, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-08-09", "close": 19.751001, "volume": 52845, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-08-16", "close": 20.604512, "volume": 44123, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-08-23", "close": 20.76479, "volume": 27717, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-08-30", "close": 20.604512, "volume": 77623, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-09-06", "close": 19.873138, "volume": 6599, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-09-13", "close": 20.261891, "volume": 47438, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-09-20", "close": 20.395652, "volume": 24946, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-09-27", "close": 20.767968, "volume": 34699, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-10-04", "close": 21.040395, "volume": 27595, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-10-11", "close": 21.290119, "volume": 20182, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-10-18", "close": 21.30374, "volume": 10590, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-10-25", "close": 21.243171, "volume": 14651, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-11-01", "close": 21.169071, "volume": 13980, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-11-08", "close": 21.648269, "volume": 10600, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-11-15", "close": 21.312821, "volume": 24586, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-11-22", "close": 21.694218, "volume": 49491, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-11-29", "close": 21.629744, "volume": 9139, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-12-06", "close": 21.821713, "volume": 18957, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-12-13", "close": 21.779578, "volume": 15022, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-12-20", "close": 21.476277, "volume": 14539, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-12-27", "close": 21.636833, "volume": 14002, "typical_volume": 25323.95, "trend": 21.012005, "fair_value": 19.511888, "relative_strength": -4.758407, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 59.041334, "energy": 44.135556, "activity_lines": [ 21.646745, 21.612189, 21.372659, 21.170024 ] }, { "date": "2025-01-03", "close": 21.852639, "volume": 5288, "typical_volume": 23382.2, "trend": 21.034909, "fair_value": 19.540786, "relative_strength": -3.179147, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.545598, "energy": 46.484864, "activity_lines": [ 21.708015, 21.66882, 21.442822, 21.224258 ] }, { "date": "2025-01-10", "close": 21.711896, "volume": 15411, "typical_volume": 22766.9, "trend": 21.059108, "fair_value": 19.567263, "relative_strength": -1.803932, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 57.16691, "energy": 39.478967, "activity_lines": [ 21.707511, 21.68878, 21.493638, 21.267935 ] }, { "date": "2025-01-17", "close": 21.880787, "volume": 12007, "typical_volume": 19486.1, "trend": 21.088332, "fair_value": 19.595137, "relative_strength": -3.773995, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.921776, "energy": 45.254664, "activity_lines": [ 21.770625, 21.729578, 21.556029, 21.320946 ] }, { "date": "2025-01-24", "close": 22.293632, "volume": 15473, "typical_volume": 19929.8, "trend": 21.128593, "fair_value": 19.627261, "relative_strength": -3.55592, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 78.755566, "energy": 66.096565, "activity_lines": [ 21.964607, 21.841211, 21.651661, 21.398708 ] }, { "date": "2025-01-31", "close": 22.378078, "volume": 7439, "typical_volume": 17929.85, "trend": 21.165606, "fair_value": 19.659624, "relative_strength": -2.171356, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 77.417681, "energy": 72.139819, "activity_lines": [ 22.132247, 21.950364, 21.74381, 21.47932 ] }, { "date": "2025-02-07", "close": 22.612649, "volume": 30435, "typical_volume": 18204.3, "trend": 21.200041, "fair_value": 19.693962, "relative_strength": -0.927899, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 82.885782, "energy": 85.715499, "activity_lines": [ 22.328662, 22.089734, 21.848221, 21.572677 ] }, { "date": "2025-02-14", "close": 23.191852, "volume": 12217, "typical_volume": 17080.2, "trend": 21.281745, "fair_value": 19.734167, "relative_strength": 0.182159, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 92.380984, "energy": 95.659583, "activity_lines": [ 22.667476, 22.316542, 21.997237, 21.701181 ] }, { "date": "2025-02-21", "close": 22.959814, "volume": 27692, "typical_volume": 17085.05, "trend": 21.362474, "fair_value": 19.770822, "relative_strength": 0.806998, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 76.889011, "energy": 90.37958, "activity_lines": [ 22.830281, 22.476249, 22.112613, 21.809444 ] }, { "date": "2025-02-28", "close": 22.81438, "volume": 32492, "typical_volume": 17700.55, "trend": 21.458838, "fair_value": 19.805019, "relative_strength": 1.183958, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.464228, "energy": 85.438718, "activity_lines": [ 22.872673, 22.588056, 22.204997, 21.903115 ] }, { "date": "2025-03-07", "close": 22.396843, "volume": 41786, "typical_volume": 19260.35, "trend": 21.547033, "fair_value": 19.833818, "relative_strength": 2.495814, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.547258, "energy": 59.75853, "activity_lines": [ 22.741169, 22.599617, 22.250357, 21.963631 ] }, { "date": "2025-03-14", "close": 22.481289, "volume": 51497, "typical_volume": 21102.65, "trend": 21.609592, "fair_value": 19.862911, "relative_strength": 5.25203, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 59.100376, "energy": 47.279172, "activity_lines": [ 22.636562, 22.612714, 22.298555, 22.023906 ] }, { "date": "2025-03-21", "close": 22.274866, "volume": 43559, "typical_volume": 22581.6, "trend": 21.659928, "fair_value": 19.889128, "relative_strength": 3.766083, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 42.412109, "energy": 29.652425, "activity_lines": [ 22.471906, 22.576849, 22.321198, 22.066827 ] }, { "date": "2025-03-28", "close": 21.961292, "volume": 45365, "typical_volume": 24319.85, "trend": 21.705154, "fair_value": 19.911409, "relative_strength": 3.836478, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 23.1402, "energy": 23.487929, "activity_lines": [ 22.263857, 22.473735, 22.30871, 22.08627 ] }, { "date": "2025-04-04", "close": 21.314908, "volume": 20635, "typical_volume": 24122.3, "trend": 21.753213, "fair_value": 19.92634, "relative_strength": 10.700122, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -9.118402, "energy": 25.33835, "activity_lines": [ 21.906915, 22.251633, 22.233172, 22.061093 ] }, { "date": "2025-04-11", "close": 21.75881, "volume": 41177, "typical_volume": 23706.6, "trend": 21.80311, "fair_value": 19.945629, "relative_strength": 6.92544, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -20.393506, "energy": 32.18622, "activity_lines": [ 21.797905, 22.128035, 22.1999, 22.061454 ] }, { "date": "2025-04-18", "close": 21.805724, "volume": 15535, "typical_volume": 24026.4, "trend": 21.850113, "fair_value": 19.965005, "relative_strength": 8.658538, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -20.455247, "energy": 33.082265, "activity_lines": [ 21.747069, 22.024227, 22.170789, 22.061622 ] }, { "date": "2025-04-25", "close": 22.24137, "volume": 12316, "typical_volume": 23694.35, "trend": 21.899226, "fair_value": 19.988473, "relative_strength": 5.974304, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -12.341743, "energy": 22.708043, "activity_lines": [ 21.886486, 22.014298, 22.182329, 22.086865 ] }, { "date": "2025-05-02", "close": 22.375075, "volume": 14891, "typical_volume": 23687.8, "trend": 21.943715, "fair_value": 20.012826, "relative_strength": 3.637591, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 30.18608, "energy": 13.648402, "activity_lines": [ 22.072704, 22.045961, 22.204605, 22.117565 ] }, { "date": "2025-05-09", "close": 22.25657, "volume": 21510, "typical_volume": 24036.35, "trend": 21.97593, "fair_value": 20.03549, "relative_strength": 3.550943, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 31.977905, "energy": 20.479071, "activity_lines": [ 22.191835, 22.066709, 22.21276, 22.137749 ] }, { "date": "2025-05-16", "close": 23.013953, "volume": 25440, "typical_volume": 24608.25, "trend": 22.032937, "fair_value": 20.065274, "relative_strength": 1.761805, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 63.649718, "energy": 43.58163, "activity_lines": [ 22.500649, 22.235305, 22.28933, 22.204718 ] }, { "date": "2025-05-23", "close": 22.911586, "volume": 6287, "typical_volume": 24658.2, "trend": 22.088551, "fair_value": 20.093456, "relative_strength": 3.981739, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 69.994543, "energy": 62.75596, "activity_lines": [ 22.691665, 22.374069, 22.349593, 22.261405 ] }, { "date": "2025-05-30", "close": 23.067154, "volume": 16080, "typical_volume": 24691.65, "trend": 22.151821, "fair_value": 20.12261, "relative_strength": 2.91399, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 73.948099, "energy": 74.934764, "activity_lines": [ 22.860813, 22.533294, 22.41963, 22.324541 ] }, { "date": "2025-06-06", "close": 23.532918, "volume": 37685, "typical_volume": 25975.55, "trend": 22.214642, "fair_value": 20.155719, "relative_strength": 3.32838, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 84.772787, "energy": 85.192185, "activity_lines": [ 23.130163, 22.762798, 22.527571, 22.413644 ] }, { "date": "2025-06-13", "close": 23.419573, "volume": 14626, "typical_volume": 25933.2, "trend": 22.284867, "fair_value": 20.187103, "relative_strength": 3.195435, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 74.395438, "energy": 82.938168, "activity_lines": [ 23.284542, 22.943119, 22.616851, 22.491381 ] }, { "date": "2025-06-20", "close": 23.260065, "volume": 15990, "typical_volume": 26360.75, "trend": 22.337062, "fair_value": 20.216369, "relative_strength": 2.652994, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.807991, "energy": 77.366538, "activity_lines": [ 23.308218, 23.056172, 22.685578, 22.554297 ] }, { "date": "2025-06-27", "close": 23.718792, "volume": 29557, "typical_volume": 26316.85, "trend": 22.406697, "fair_value": 20.249411, "relative_strength": 1.19895, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 79.012496, "energy": 83.549223, "activity_lines": [ 23.468395, 23.225335, 22.793793, 22.643441 ] }, { "date": "2025-07-04", "close": 23.692614, "volume": 9995, "typical_volume": 26205.75, "trend": 22.469061, "fair_value": 20.28159, "relative_strength": -0.551912, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 73.547386, "energy": 80.351867, "activity_lines": [ 23.566033, 23.354954, 22.894247, 22.726404 ] }, { "date": "2025-07-11", "close": 23.598785, "volume": 16468, "typical_volume": 25644.55, "trend": 22.529701, "fair_value": 20.312305, "relative_strength": -0.613712, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.579764, "energy": 73.748223, "activity_lines": [ 23.590697, 23.441128, 22.983381, 22.799289 ] }, { "date": "2025-07-18", "close": 23.719824, "volume": 29485, "typical_volume": 25494.2, "trend": 22.604486, "fair_value": 20.343566, "relative_strength": -0.711555, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 70.769441, "energy": 78.356417, "activity_lines": [ 23.651317, 23.52706, 23.081, 22.876071 ] }, { "date": "2025-07-25", "close": 24.090446, "volume": 27770, "typical_volume": 24793.4, "trend": 22.686273, "fair_value": 20.377629, "relative_strength": -0.647968, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 83.738565, "energy": 88.078218, "activity_lines": [ 23.81546, 23.653772, 23.209604, 22.97194 ] }, { "date": "2025-08-01", "close": 23.748066, "volume": 19587, "typical_volume": 23197.9, "trend": 22.749454, "fair_value": 20.407993, "relative_strength": 0.345292, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.797955, "energy": 66.070453, "activity_lines": [ 23.810118, 23.698661, 23.297536, 23.040442 ] }, { "date": "2025-08-08", "close": 23.682293, "volume": 24176, "typical_volume": 22228.75, "trend": 22.815134, "fair_value": 20.437228, "relative_strength": -2.343308, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.666479, "energy": 57.776082, "activity_lines": [ 23.7809, 23.716383, 23.373171, 23.100626 ] }, { "date": "2025-08-15", "close": 23.855875, "volume": 10711, "typical_volume": 20496.05, "trend": 22.88097, "fair_value": 20.467482, "relative_strength": -2.557122, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 67.254876, "energy": 60.167869, "activity_lines": [ 23.810231, 23.754481, 23.458637, 23.16777 ] }, { "date": "2025-08-22", "close": 24.010692, "volume": 20545, "typical_volume": 20491.55, "trend": 22.938205, "fair_value": 20.498562, "relative_strength": -2.199542, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 72.185634, "energy": 58.681818, "activity_lines": [ 23.874028, 23.814855, 23.549824, 23.240655 ] }, { "date": "2025-08-29", "close": 24.029458, "volume": 11770, "typical_volume": 19021.2, "trend": 22.993251, "fair_value": 20.529266, "relative_strength": -2.095747, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 70.639627, "energy": 59.113119, "activity_lines": [ 23.924689, 23.867894, 23.629962, 23.311059 ] }, { "date": "2025-09-05", "close": 24.167104, "volume": 56689, "typical_volume": 21078.9, "trend": 23.045066, "fair_value": 20.560627, "relative_strength": -1.873264, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 75.297503, "energy": 75.070755, "activity_lines": [ 24.025298, 23.93197, 23.712397, 23.386791 ] }, { "date": "2025-09-12", "close": 24.104521, "volume": 14094, "typical_volume": 21167.8, "trend": 23.075489, "fair_value": 20.590916, "relative_strength": -3.649497, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.747549, "energy": 65.516569, "activity_lines": [ 24.07711, 23.976516, 23.777626, 23.455143 ] }, { "date": "2025-09-19", "close": 24.267125, "volume": 18298, "typical_volume": 21338.15, "trend": 23.119066, "fair_value": 20.622071, "relative_strength": -4.194612, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 75.569565, "energy": 69.623485, "activity_lines": [ 24.154975, 24.043138, 23.84947, 23.532023 ] }, { "date": "2025-09-26", "close": 23.953832, "volume": 19482, "typical_volume": 21236.75, "trend": 23.157047, "fair_value": 20.650069, "relative_strength": -5.134759, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.843258, "energy": 55.565405, "activity_lines": [ 24.100993, 24.040646, 23.882466, 23.585879 ] }, { "date": "2025-10-03", "close": 23.728081, "volume": 25784, "typical_volume": 21253.95, "trend": 23.201422, "fair_value": 20.675719, "relative_strength": -6.986409, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 47.654748, "energy": 37.389669, "activity_lines": [ 23.97555, 23.992853, 23.88588, 23.62272 ] }, { "date": "2025-10-10", "close": 22.954184, "volume": 35683, "typical_volume": 22723.75, "trend": 23.217185, "fair_value": 20.694549, "relative_strength": -7.694821, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "up", "direction": -11.095313, "energy": 18.548049, "activity_lines": [ 23.612234, 23.81094, 23.812189, 23.606769 ] }, { "date": "2025-10-17", "close": 23.134335, "volume": 14225, "typical_volume": 22631.0, "trend": 23.245834, "fair_value": 20.714547, "relative_strength": -8.46708, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "up", "direction": -13.921292, "energy": 33.143688, "activity_lines": [ 23.38983, 23.676216, 23.755452, 23.601424 ] }, { "date": "2025-10-24", "close": 23.226943, "volume": 21628, "typical_volume": 21828.15, "trend": 23.288023, "fair_value": 20.734973, "relative_strength": -9.716308, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -25.786521, "energy": 42.342679, "activity_lines": [ 23.262973, 23.568293, 23.707216, 23.600205 ] }, { "date": "2025-10-31", "close": 23.67807, "volume": 35051, "typical_volume": 22849.4, "trend": 23.366795, "fair_value": 20.758708, "relative_strength": -8.481897, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -22.835128, "energy": 36.94904, "activity_lines": [ 23.355838, 23.553828, 23.7034, 23.625369 ] }, { "date": "2025-11-07", "close": 23.222533, "volume": 29880, "typical_volume": 23543.9, "trend": 23.415585, "fair_value": 20.778418, "relative_strength": -8.665641, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -28.115249, "energy": 44.539422, "activity_lines": [ 23.315242, 23.462586, 23.65497, 23.616062 ] }, { "date": "2025-11-14", "close": 23.054393, "volume": 45251, "typical_volume": 24328.6, "trend": 23.457208, "fair_value": 20.796482, "relative_strength": -9.340755, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -44.033787, "energy": 35.202007, "activity_lines": [ 23.252302, 23.355444, 23.590704, 23.592759 ] }, { "date": "2025-11-21", "close": 22.998471, "volume": 27153, "typical_volume": 25186.5, "trend": 23.482444, "fair_value": 20.81382, "relative_strength": -7.697832, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -43.243858, "energy": 36.4797, "activity_lines": [ 23.164041, 23.258365, 23.524277, 23.563163 ] }, { "date": "2025-11-28", "close": 23.109939, "volume": 8745, "typical_volume": 24800.35, "trend": 23.50694, "fair_value": 20.831759, "relative_strength": -10.442031, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -35.584931, "energy": 42.229107, "activity_lines": [ 23.121993, 23.201664, 23.471771, 23.539131 ] }, { "date": "2025-12-05", "close": 23.250494, "volume": 10778, "typical_volume": 23865.0, "trend": 23.540071, "fair_value": 20.850509, "relative_strength": -10.088352, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -59.396923, "energy": 50.038229, "activity_lines": [ 23.134597, 23.191558, 23.434979, 23.522586 ] }, { "date": "2025-12-12", "close": 23.096897, "volume": 21330, "typical_volume": 23543.0, "trend": 23.542835, "fair_value": 20.867788, "relative_strength": -10.047989, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.908027, "energy": 45.548379, "activity_lines": [ 23.124508, 23.166313, 23.385794, 23.493994 ] }, { "date": "2025-12-19", "close": 23.107406, "volume": 23045, "typical_volume": 23715.9, "trend": 23.549363, "fair_value": 20.884885, "relative_strength": -9.987162, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -58.314914, "energy": 37.165351, "activity_lines": [ 23.126297, 23.154455, 23.342341, 23.465902 ] }, { "date": "2025-12-26", "close": 23.2124, "volume": 20919, "typical_volume": 23553.05, "trend": 23.554204, "fair_value": 20.902517, "relative_strength": -10.707344, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -44.573376, "energy": 28.638385, "activity_lines": [ 23.159549, 23.158901, 23.311937, 23.444162 ] }, { "date": "2026-01-02", "close": 23.29, "volume": 20687, "typical_volume": 24051.85, "trend": 23.546107, "fair_value": 20.920468, "relative_strength": -9.321648, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -40.981544, "energy": 25.056487, "activity_lines": [ 23.204407, 23.176036, 23.291162, 23.427117 ] }, { "date": "2026-01-09", "close": 23.9352, "volume": 31720, "typical_volume": 24610.6, "trend": 23.563295, "fair_value": 20.942966, "relative_strength": -8.115399, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -0.331443, "energy": 12.147098, "activity_lines": [ 23.452327, 23.309334, 23.33453, 23.45222 ] }, { "date": "2026-01-16", "close": 23.555, "volume": 25992, "typical_volume": 25321.7, "trend": 23.573126, "fair_value": 20.962315, "relative_strength": -9.120702, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -7.529751, "energy": 19.626938, "activity_lines": [ 23.527867, 23.36883, 23.342047, 23.451684 ] }, { "date": "2026-01-23", "close": 23.59, "volume": 17432, "typical_volume": 23358.85, "trend": 23.568833, "fair_value": 20.981636, "relative_strength": -8.529979, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 15.116529, "energy": 25.581965, "activity_lines": [ 23.584533, 23.428645, 23.355157, 23.452773 ] }, { "date": "2026-01-30", "close": 23.46, "volume": 33933, "typical_volume": 24350.8, "trend": 23.561079, "fair_value": 20.999726, "relative_strength": -9.220873, "stage": 3, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 16.668689, "energy": 26.05277, "activity_lines": [ 23.565693, 23.455084, 23.358634, 23.445752 ] }, { "date": "2026-02-06", "close": 22.92, "volume": 34662, "typical_volume": 25169.0, "trend": 23.538453, "fair_value": 21.013641, "relative_strength": -10.912613, "stage": 3, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "down", "direction": -47.886057, "energy": 21.658428, "activity_lines": [ 23.350347, 23.374951, 23.313751, 23.404392 ] }, { "date": "2026-02-13", "close": 22.61, "volume": 23917, "typical_volume": 25390.75, "trend": 23.501459, "fair_value": 21.025126, "relative_strength": -10.729027, "stage": 3, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "down", "direction": -73.552594, "energy": 61.671782, "activity_lines": [ 23.056333, 23.241907, 23.24576, 23.344492 ] }, { "date": "2026-02-20", "close": 22.4653, "volume": 15070, "typical_volume": 24855.05, "trend": 23.447287, "fair_value": 21.035413, "relative_strength": -12.009084, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -79.300885, "energy": 80.976052, "activity_lines": [ 22.802433, 23.0942, 23.170387, 23.277643 ] }, { "date": "2026-02-27", "close": 22.5017, "volume": 25893, "typical_volume": 24365.55, "trend": 23.405742, "fair_value": 21.045812, "relative_strength": -11.145668, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -70.265481, "energy": 79.042826, "activity_lines": [ 22.633313, 22.964595, 23.104494, 23.216637 ] }, { "date": "2026-03-06", "close": 22.1615, "volume": 48537, "typical_volume": 26081.15, "trend": 23.355048, "fair_value": 21.053669, "relative_strength": -10.419763, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -80.730419, "energy": 86.636225, "activity_lines": [ 22.423347, 22.784147, 23.008355, 23.136363 ] }, { "date": "2026-03-13", "close": 22.1723, "volume": 27080, "typical_volume": 26353.75, "trend": 23.298929, "fair_value": 21.061492, "relative_strength": -8.679717, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -75.61198, "energy": 85.032969, "activity_lines": [ 22.303547, 22.624771, 22.917878, 23.060057 ] }, { "date": "2026-03-20", "close": 22.04, "volume": 29060, "typical_volume": 26054.2, "trend": 23.23324, "fair_value": 21.068287, "relative_strength": -7.271035, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -76.175428, "energy": 80.07979, "activity_lines": [ 22.189493, 22.461662, 22.819823, 22.978836 ] }, { "date": "2026-03-27", "close": 21.71, "volume": 32142, "typical_volume": 26167.3, "trend": 23.155924, "fair_value": 21.072712, "relative_strength": -6.291431, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -82.77155, "energy": 84.66413, "activity_lines": [ 22.00344, 22.273011, 22.698139, 22.880562 ] }, { "date": "2026-04-03", "close": 22.0068, "volume": 23710, "typical_volume": 25090.25, "trend": 23.083914, "fair_value": 21.07911, "relative_strength": -7.716505, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.93775, "energy": 63.729018, "activity_lines": [ 21.966673, 22.171869, 22.611925, 22.806425 ] }, { "date": "2026-04-10", "close": 22.56, "volume": 31158, "typical_volume": 25290.5, "trend": 23.03243, "fair_value": 21.089184, "relative_strength": -8.298018, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.818915, "energy": 50.412027, "activity_lines": [ 22.1473, 22.200095, 22.583385, 22.772624 ] }, { "date": "2026-04-17", "close": 22.9588, "volume": 18348, "typical_volume": 25770.65, "trend": 22.988819, "fair_value": 21.101817, "relative_strength": -10.252672, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -32.313338, "energy": 25.546077, "activity_lines": [ 22.434293, 22.317193, 22.594914, 22.767874 ] }, { "date": "2026-04-24", "close": 22.8565, "volume": 28995, "typical_volume": 26681.5, "trend": 22.952242, "fair_value": 21.113593, "relative_strength": -10.706709, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -23.496665, "energy": 23.318886, "activity_lines": [ 22.634753, 22.414985, 22.59742, 22.759337 ] }, { "date": "2026-05-01", "close": 22.562, "volume": 22848, "typical_volume": 26757.4, "trend": 22.913372, "fair_value": 21.123249, "relative_strength": -12.272131, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -22.734624, "energy": 25.71685, "activity_lines": [ 22.682613, 22.454751, 22.573754, 22.73416 ] }, { "date": "2026-05-08", "close": 22.7319, "volume": 28604, "typical_volume": 27035.35, "trend": 22.905963, "fair_value": 21.133903, "relative_strength": -13.22075, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -17.740186, "energy": 22.312599, "activity_lines": [ 22.730307, 22.523649, 22.568816, 22.722452 ] }, { "date": "2026-05-15", "close": 22.7082, "volume": 58111, "typical_volume": 28894.95, "trend": 22.891758, "fair_value": 21.14426, "relative_strength": -13.095157, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -9.96912, "energy": 13.507654, "activity_lines": [ 22.72176, 22.584053, 22.56341, 22.709694 ] }, { "date": "2026-05-22", "close": 22.8061, "volume": 39303, "typical_volume": 29825.75, "trend": 22.87773, "fair_value": 21.155122, "relative_strength": -13.031618, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -5.164926, "energy": 8.78291, "activity_lines": [ 22.735967, 22.652316, 22.569728, 22.704167 ] }, { "date": "2026-05-29", "close": 23.137, "volume": 20332, "typical_volume": 29256.35, "trend": 22.859694, "fair_value": 21.167991, "relative_strength": -12.603908, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 29.191091, "energy": 24.962224, "activity_lines": [ 22.870653, 22.76922, 22.609864, 22.720894 ] }, { "date": "2026-06-05", "close": 22.7599, "volume": 40759, "typical_volume": 29994.7, "trend": 22.844273, "fair_value": 21.178261, "relative_strength": -11.389903, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 13.481394, "energy": 20.687943, "activity_lines": [ 22.86094, 22.797615, 22.617888, 22.714456 ] }, { "date": "2026-06-12", "close": 22.47, "volume": 39653, "typical_volume": 31105.75, "trend": 22.824794, "fair_value": 21.186542, "relative_strength": -12.560727, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -25.594843, "energy": 15.091096, "activity_lines": [ 22.7414, 22.754211, 22.602088, 22.690309 ] }, { "date": "2026-06-19", "close": 22.9941, "volume": 32401, "typical_volume": 31029.15, "trend": 22.824648, "fair_value": 21.219334, "relative_strength": -10.912105, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 0.432382, "energy": 8.438575, "activity_lines": [ 22.81402, 22.797676, 22.641535, 22.701232 ] }, { "date": "2026-06-26", "close": 22.8802, "volume": 34852, "typical_volume": 31038.65, "trend": 22.81699, "fair_value": 21.250745, "relative_strength": -8.808706, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 11.715485, "energy": 7.758575, "activity_lines": [ 22.829613, 22.81254, 22.672354, 22.704816 ] }, { "date": "2026-07-03", "close": 23.35, "volume": 17796, "typical_volume": 30732.6, "trend": 22.820307, "fair_value": 21.286561, "relative_strength": -8.553951, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 38.635921, "energy": 24.249522, "activity_lines": [ 22.996867, 22.914251, 22.748105, 22.739204 ] }, { "date": "2026-07-10", "close": 23.2915, "volume": 7431, "typical_volume": 30350.65, "trend": 22.826794, "fair_value": 21.320572, "relative_strength": -9.63635, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 36.709012, "energy": 48.458636, "activity_lines": [ 23.13042, 22.996353, 22.81476, 22.769604 ] }, { "date": "2026-07-17", "close": 22.52, "volume": 37168, "typical_volume": 30914.4, "trend": 22.807213, "fair_value": 21.35035, "relative_strength": -10.861508, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 10.315306, "energy": 18.889132, "activity_lines": [ 22.971367, 22.924918, 22.804006, 22.749811 ] }, { "date": "2026-07-24", "close": 22.38, "volume": 33492, "typical_volume": 30162.15, "trend": 22.779467, "fair_value": 21.379721, "relative_strength": -10.490683, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -10.352797, "energy": 6.768005, "activity_lines": [ 22.762313, 22.831882, 22.77983, 22.722248 ] }, { "date": "2026-07-31", "close": 22.9, "volume": 35146, "typical_volume": 30565.45, "trend": 22.766467, "fair_value": 21.415427, "relative_strength": -8.992057, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 4.97262, "energy": 7.342573, "activity_lines": [ 22.767533, 22.839358, 22.804139, 22.730025 ] }, { "date": "2026-08-07", "close": 24.0764, "volume": 22525, "typical_volume": 30238.7, "trend": 22.771173, "fair_value": 21.45962, "relative_strength": -7.221343, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 73.028343, "energy": 34.455344, "activity_lines": [ 23.163567, 23.059018, 22.93702, 22.814537 ] } ], "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." } } }