{ "ticker": { "uuid": "c35b1dd8-2547-44f6-a59c-e7e8e877b2e3", "symbol": "PXS", "name": "Invesco RAFI U.S. Index ETF II CAD", "exchange": "TOR", "country": "CA", "assetType": "etf" }, "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.", "analysis": { "eligible": true, "as_of": "2026-08-07", "benchmark": "^GSPTSE", "stage": 2, "stage_name": "Advancing", "phase": "2b", "phase_label": "Stage 2B \u00b7 Advancing", "transition": "stage_2_healthy", "transition_label": "Stage 2 trend intact", "confidence": 96.0, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Established expansion", "architecture_gate": "up", "architecture_direction": 84.367, "architecture_energy": 72.484, "architecture_maturity": 94.83, "architecture_confidence": 79.775, "architecture_tenure": "Established", "architecture": { "interpretation": { "headline": "The weekly architecture is expanding upward.", "body": "Trend and Activity show sustained positive alignment with constructive price acceptance. Directional energy remains positive; cooling within this regime can indicate that it is maturing." }, "scores": { "balance": 9.96, "rotation_up": 59.5, "upward_expansion": 85.33, "deceleration": 68.66, "rotation_down": 29.78, "downward_expansion": 12.0 }, "activity_lines": [ 66.953334, 66.707477, 65.301201, 63.656873 ], "activity_state": "Wide", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.666667 }, "latest_close": 67.720001, "trend_reference": 61.682447, "distance_from_trend": 0.097881, "trend_direction": "Improving", "fair_value": 49.343679, "distance_from_fair_value": 0.372415, "fair_value_direction": "Improving", "relative_strength": 2.736835, "relative_strength_direction": "Improving", "price_momentum": 0.164147, "excess_performance": 0.043726, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.097881, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.059794, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.372415, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.05843, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.027368, "read": "Leading" }, { "label": "Relative strength direction", "positive": true, "value": 0.02535, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.164147, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 3.554217, "read": "Demand-led" } ], "volume": { "latest": 100, "relative_activity": 0.03252, "balance": 3.554217, "dry_up": 0.894309, "accumulation_observations": 4, "distribution_observations": 1 }, "risk": { "range_context": 0.013564, "annualized_volatility": 0.075614, "from_high_reference": -0.003825, "from_low_reference": 0.338187 }, "levels": { "trend_reference": 61.682447, "fair_value_reference": 49.343679, "structural_low": 56.259998, "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 43, "median_return": 0.014718, "positive_rate": 0.604651, "directional_follow_through": 0.604651, "median_excess_return": 0.006376, "regime_survival": 0.813953, "best_return": 0.065129, "worst_return": -0.047272, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 15, "median_return": 0.033641, "positive_rate": 0.733333, "directional_follow_through": 0.733333, "median_excess_return": 0.006901, "regime_survival": 0.733333, "best_return": 0.120523, "worst_return": -0.07175, "sufficient": true }, { "horizon": "Extended", "sample_count": 8, "median_return": 0.094629, "positive_rate": 0.75, "directional_follow_through": 0.75, "median_excess_return": 0.001375, "regime_survival": 0.5, "best_return": 0.132147, "worst_return": -0.107507, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 4, "median_return": 0.092158, "positive_rate": 0.75, "directional_follow_through": 0.75, "median_excess_return": 0.060458, "regime_survival": 0.5, "best_return": 0.344856, "worst_return": -0.006767, "sufficient": false } ], "ledger": [ { "regime": "balance", "label": "Balance", "color": "blue", "start": "2023-05-05", "end": "2023-07-07", "tenure": "Developing", "return": 0.047438, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2023-07-14", "end": "2023-09-29", "tenure": "Developing", "return": -0.008876, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2023-10-06", "end": "2023-11-24", "tenure": "Developing", "return": 0.055897, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2023-12-01", "end": "2025-01-03", "tenure": "Extended", "return": 0.302833, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-01-10", "end": "2025-01-24", "tenure": "New", "return": 0.045808, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-01-31", "end": "2025-03-07", "tenure": "Developing", "return": -0.036192, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-03-14", "end": "2025-03-28", "tenure": "New", "return": -2.6e-05, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-04-04", "end": "2025-04-18", "tenure": "New", "return": -0.005933, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-04-25", "end": "2025-05-30", "tenure": "Developing", "return": 0.036294, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-06-06", "end": "2025-07-04", "tenure": "Developing", "return": 0.039803, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-07-11", "end": "2025-08-22", "tenure": "Developing", "return": 0.027571, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-08-29", "end": "2026-03-13", "tenure": "Extended", "return": 0.075175, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-03-20", "end": "2026-04-17", "tenure": "Developing", "return": 0.056538, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-04-24", "end": "2026-08-07", "tenure": "Established", "return": 0.122121, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 36.715179, "volume": 700, "typical_volume": 2870.0, "trend": 35.612414, "fair_value": 32.485274, "relative_strength": 5.667199, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.783685, "energy": 86.53307, "activity_lines": [ 37.090024, 36.791836, 36.164266, 35.850149 ] }, { "date": "2023-08-25", "close": 36.80138, "volume": 800, "typical_volume": 2910.0, "trend": 35.646633, "fair_value": 32.562808, "relative_strength": 5.645668, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.949343, "energy": 63.314202, "activity_lines": [ 36.984656, 36.854069, 36.266236, 35.926856 ] }, { "date": "2023-09-01", "close": 37.586842, "volume": 1100, "typical_volume": 2900.0, "trend": 35.691517, "fair_value": 32.646833, "relative_strength": 4.029023, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 82.146462, "energy": 66.815959, "activity_lines": [ 37.150688, 37.039808, 36.433914, 36.052031 ] }, { "date": "2023-09-08", "close": 37.270741, "volume": 3500, "typical_volume": 2810.0, "trend": 35.740431, "fair_value": 32.731917, "relative_strength": 5.371039, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.493557, "energy": 57.894615, "activity_lines": [ 37.192196, 37.119921, 36.559374, 36.153916 ] }, { "date": "2023-09-15", "close": 37.491055, "volume": 200, "typical_volume": 2765.0, "trend": 35.78339, "fair_value": 32.816376, "relative_strength": 3.028154, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 73.051439, "energy": 63.762373, "activity_lines": [ 37.30778, 37.216753, 36.6968, 36.26686 ] }, { "date": "2023-09-22", "close": 36.130882, "volume": 600, "typical_volume": 2535.0, "trend": 35.801908, "fair_value": 32.896482, "relative_strength": 3.396134, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 40.391049, "energy": 39.373203, "activity_lines": [ 36.960394, 37.039287, 36.695301, 36.289279 ] }, { "date": "2023-09-29", "close": 36.009533, "volume": 4400, "typical_volume": 2610.0, "trend": 35.814164, "fair_value": 32.973031, "relative_strength": 4.165181, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 20.709642, "energy": 21.055569, "activity_lines": [ 36.611512, 36.843414, 36.673886, 36.302674 ] }, { "date": "2023-10-06", "close": 35.961445, "volume": 600, "typical_volume": 2590.0, "trend": 35.850466, "fair_value": 33.043887, "relative_strength": 5.507338, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 4.804472, "energy": 22.921382, "activity_lines": [ 36.29939, 36.655808, 36.641337, 36.312176 ] }, { "date": "2023-10-13", "close": 36.317307, "volume": 1200, "typical_volume": 2630.0, "trend": 35.910029, "fair_value": 33.117024, "relative_strength": 5.252347, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 3.449689, "energy": 28.521423, "activity_lines": [ 36.214249, 36.557232, 36.638353, 36.342295 ] }, { "date": "2023-10-20", "close": 35.663292, "volume": 8600, "typical_volume": 2940.0, "trend": 35.963941, "fair_value": 33.186144, "relative_strength": 5.087825, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -17.024623, "energy": 35.147953, "activity_lines": [ 35.974665, 36.357254, 36.565562, 36.326376 ] }, { "date": "2023-10-27", "close": 35.124687, "volume": 2100, "typical_volume": 2835.0, "trend": 35.9657, "fair_value": 33.259127, "relative_strength": 5.484341, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -48.191599, "energy": 60.641272, "activity_lines": [ 35.677396, 36.089967, 36.438432, 36.272231 ] }, { "date": "2023-11-03", "close": 36.788589, "volume": 1500, "typical_volume": 2790.0, "trend": 36.028963, "fair_value": 33.336514, "relative_strength": 4.27715, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -5.641686, "energy": 20.278367, "activity_lines": [ 36.001842, 36.154126, 36.470926, 36.32532 ] }, { "date": "2023-11-10", "close": 36.692413, "volume": 9400, "typical_volume": 2500.0, "trend": 36.083934, "fair_value": 33.405968, "relative_strength": 4.750489, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 25.13046, "energy": 18.237891, "activity_lines": [ 36.242292, 36.20103, 36.489265, 36.368123 ] }, { "date": "2023-11-17", "close": 37.702293, "volume": 5500, "typical_volume": 2545.0, "trend": 36.161439, "fair_value": 33.479731, "relative_strength": 4.721628, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 60.42316, "energy": 36.905621, "activity_lines": [ 36.770637, 36.447812, 36.59543, 36.472534 ] }, { "date": "2023-11-24", "close": 37.971596, "volume": 600, "typical_volume": 2430.0, "trend": 36.243152, "fair_value": 33.551123, "relative_strength": 5.687876, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 78.067773, "energy": 58.489724, "activity_lines": [ 37.296417, 36.735711, 36.719076, 36.589318 ] }, { "date": "2023-12-01", "close": 37.89465, "volume": 2200, "typical_volume": 2365.0, "trend": 36.360453, "fair_value": 33.62167, "relative_strength": 3.559176, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 73.457339, "energy": 80.883244, "activity_lines": [ 37.642662, 37.000883, 36.826035, 36.695866 ] }, { "date": "2023-12-08", "close": 38.414017, "volume": 3400, "typical_volume": 2415.0, "trend": 36.486481, "fair_value": 33.696307, "relative_strength": 5.472203, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 83.33656, "energy": 88.791812, "activity_lines": [ 37.977365, 37.328417, 36.975017, 36.828354 ] }, { "date": "2023-12-15", "close": 38.952625, "volume": 3000, "typical_volume": 2530.0, "trend": 36.616474, "fair_value": 33.774105, "relative_strength": 5.806433, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 86.575738, "energy": 92.270961, "activity_lines": [ 38.383242, 37.710162, 37.1683, 36.98746 ] }, { "date": "2023-12-22", "close": 38.885296, "volume": 1900, "typical_volume": 2570.0, "trend": 36.754714, "fair_value": 33.850944, "relative_strength": 3.737012, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 79.690194, "energy": 91.736876, "activity_lines": [ 38.615995, 38.02528, 37.347299, 37.133836 ] }, { "date": "2023-12-29", "close": 39.070702, "volume": 700, "typical_volume": 2600.0, "trend": 36.889597, "fair_value": 33.929412, "relative_strength": 3.768612, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 79.134784, "energy": 91.539866, "activity_lines": [ 38.831684, 38.327417, 37.536312, 37.283255 ] }, { "date": "2024-01-05", "close": 39.147957, "volume": 1400, "typical_volume": 2635.0, "trend": 37.015609, "fair_value": 34.002143, "relative_strength": 3.951706, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 75.65245, "energy": 89.832335, "activity_lines": [ 38.99985, 38.581648, 37.724477, 37.428955 ] }, { "date": "2024-01-12", "close": 39.399033, "volume": 5700, "typical_volume": 2880.0, "trend": 37.13759, "fair_value": 34.075543, "relative_strength": 4.223652, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 78.860371, "energy": 89.636998, "activity_lines": [ 39.168154, 38.808379, 37.924969, 37.582725 ] }, { "date": "2024-01-19", "close": 39.669411, "volume": 3700, "typical_volume": 3010.0, "trend": 37.295291, "fair_value": 34.148677, "relative_strength": 5.142922, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 82.867786, "energy": 90.602286, "activity_lines": [ 39.360917, 39.036807, 38.138842, 37.746068 ] }, { "date": "2024-01-26", "close": 40.229496, "volume": 500, "typical_volume": 2860.0, "trend": 37.436701, "fair_value": 34.227283, "relative_strength": 5.324068, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 90.081969, "energy": 93.79775, "activity_lines": [ 39.692589, 39.312941, 38.396139, 37.935371 ] }, { "date": "2024-02-02", "close": 40.693016, "volume": 130200, "typical_volume": 9360.0, "trend": 37.592924, "fair_value": 34.30492, "relative_strength": 6.532104, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 93.839059, "energy": 97.525164, "activity_lines": [ 40.089155, 39.627403, 38.683492, 38.145456 ] }, { "date": "2024-02-09", "close": 40.712326, "volume": 400, "typical_volume": 9350.0, "trend": 37.738933, "fair_value": 34.382447, "relative_strength": 6.738163, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 85.827386, "energy": 94.818137, "activity_lines": [ 40.384002, 39.895894, 38.957436, 38.346708 ] }, { "date": "2024-02-16", "close": 41.011688, "volume": 1900, "typical_volume": 9225.0, "trend": 37.874487, "fair_value": 34.460716, "relative_strength": 6.09341, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 86.761981, "energy": 95.240346, "activity_lines": [ 40.674346, 40.167585, 39.238074, 38.557853 ] }, { "date": "2024-02-23", "close": 41.668339, "volume": 1000, "typical_volume": 9245.0, "trend": 38.020116, "fair_value": 34.541724, "relative_strength": 6.788239, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 93.268698, "energy": 97.474783, "activity_lines": [ 41.076064, 40.511437, 39.557431, 38.802618 ] }, { "date": "2024-03-01", "close": 42.0546, "volume": 4800, "typical_volume": 9425.0, "trend": 38.179259, "fair_value": 34.621857, "relative_strength": 6.834519, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 92.588694, "energy": 95.283882, "activity_lines": [ 41.473273, 40.876141, 39.886399, 39.062907 ] }, { "date": "2024-03-08", "close": 42.180138, "volume": 4300, "typical_volume": 9210.0, "trend": 38.340351, "fair_value": 34.698032, "relative_strength": 6.04341, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 87.95796, "energy": 94.887615, "activity_lines": [ 41.790654, 41.206047, 40.200003, 39.321029 ] }, { "date": "2024-03-15", "close": 42.344299, "volume": 12100, "typical_volume": 9710.0, "trend": 38.527988, "fair_value": 34.77526, "relative_strength": 5.737445, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 84.522065, "energy": 93.645805, "activity_lines": [ 42.063614, 41.509265, 40.498208, 39.579348 ] }, { "date": "2024-03-22", "close": 43.348591, "volume": 3300, "typical_volume": 9800.0, "trend": 38.746229, "fair_value": 34.857631, "relative_strength": 7.326527, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 96.075131, "energy": 96.492615, "activity_lines": [ 42.56254, 41.936966, 40.857681, 39.890354 ] }, { "date": "2024-03-29", "close": 43.901508, "volume": 1500, "typical_volume": 9405.0, "trend": 38.956717, "fair_value": 34.942567, "relative_strength": 7.533443, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 95.604464, "energy": 94.45755, "activity_lines": [ 43.089978, 42.393387, 41.238575, 40.222953 ] }, { "date": "2024-04-05", "close": 43.329723, "volume": 4300, "typical_volume": 9345.0, "trend": 39.158684, "fair_value": 35.021713, "relative_strength": 5.427955, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 72.185976, "energy": 70.135353, "activity_lines": [ 43.277944, 42.668901, 41.530684, 40.505082 ] }, { "date": "2024-04-12", "close": 42.942078, "volume": 1500, "typical_volume": 9390.0, "trend": 39.340384, "fair_value": 35.096365, "relative_strength": 5.938528, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.524287, "energy": 68.7064, "activity_lines": [ 43.251686, 42.817565, 41.759077, 40.749172 ] }, { "date": "2024-04-19", "close": 42.302456, "volume": 2900, "typical_volume": 9425.0, "trend": 39.546103, "fair_value": 35.166623, "relative_strength": 4.553627, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.551491, "energy": 66.760212, "activity_lines": [ 42.961425, 42.809043, 41.902885, 40.940274 ] }, { "date": "2024-04-26", "close": 42.767632, "volume": 5800, "typical_volume": 9545.0, "trend": 39.771373, "fair_value": 35.241398, "relative_strength": 4.680213, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 53.951792, "energy": 57.816506, "activity_lines": [ 42.829011, 42.856187, 42.070005, 41.148114 ] }, { "date": "2024-05-03", "close": 42.796703, "volume": 34000, "typical_volume": 11095.0, "trend": 39.999215, "fair_value": 35.312757, "relative_strength": 4.556417, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 50.102169, "energy": 51.513368, "activity_lines": [ 42.745019, 42.87669, 42.219163, 41.343297 ] }, { "date": "2024-05-10", "close": 43.785217, "volume": 25100, "typical_volume": 12255.0, "trend": 40.248146, "fair_value": 35.393877, "relative_strength": 4.949539, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 81.643809, "energy": 64.473778, "activity_lines": [ 43.064186, 43.056407, 42.44416, 41.587555 ] }, { "date": "2024-05-17", "close": 44.114723, "volume": 300, "typical_volume": 12235.0, "trend": 40.52986, "fair_value": 35.47711, "relative_strength": 4.742861, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 83.929859, "energy": 71.051343, "activity_lines": [ 43.462821, 43.264568, 42.677205, 41.837012 ] }, { "date": "2024-05-24", "close": 43.64954, "volume": 200, "typical_volume": 12175.0, "trend": 40.814022, "fair_value": 35.554232, "relative_strength": 4.083277, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.514159, "energy": 65.660485, "activity_lines": [ 43.628219, 43.352977, 42.841929, 42.038281 ] }, { "date": "2024-05-31", "close": 43.41695, "volume": 900, "typical_volume": 11935.0, "trend": 41.034967, "fair_value": 35.629508, "relative_strength": 3.556865, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.497752, "energy": 65.429645, "activity_lines": [ 43.626281, 43.375365, 42.963064, 42.206212 ] }, { "date": "2024-06-07", "close": 43.688301, "volume": 1200, "typical_volume": 11810.0, "trend": 41.268163, "fair_value": 35.706406, "relative_strength": 5.222408, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.400133, "energy": 63.181608, "activity_lines": [ 43.671506, 43.445846, 43.09091, 42.377395 ] }, { "date": "2024-06-14", "close": 43.475098, "volume": 8400, "typical_volume": 12205.0, "trend": 41.46059, "fair_value": 35.781464, "relative_strength": 6.250962, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.753673, "energy": 53.602157, "activity_lines": [ 43.586223, 43.48144, 43.179313, 42.519778 ] }, { "date": "2024-06-21", "close": 43.920898, "volume": 12800, "typical_volume": 6335.0, "trend": 41.6589, "fair_value": 35.861447, "relative_strength": 7.499169, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 72.186938, "energy": 56.989029, "activity_lines": [ 43.670215, 43.595445, 43.294718, 42.678507 ] }, { "date": "2024-06-28", "close": 43.817326, "volume": 0, "typical_volume": 6315.0, "trend": 41.856323, "fair_value": 35.937381, "relative_strength": 5.439783, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.067996, "energy": 55.609793, "activity_lines": [ 43.732605, 43.672822, 43.384888, 42.817761 ] }, { "date": "2024-07-05", "close": 43.865978, "volume": 900, "typical_volume": 6265.0, "trend": 42.038055, "fair_value": 36.012856, "relative_strength": 4.497292, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.51086, "energy": 55.596463, "activity_lines": [ 43.800026, 43.731502, 43.464906, 42.947416 ] }, { "date": "2024-07-12", "close": 44.605507, "volume": 2300, "typical_volume": 6330.0, "trend": 42.226484, "fair_value": 36.093131, "relative_strength": 3.197489, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 86.256879, "energy": 74.716308, "activity_lines": [ 44.084021, 43.904672, 43.601763, 43.113058 ] }, { "date": "2024-07-19", "close": 45.335312, "volume": 600, "typical_volume": 6120.0, "trend": 42.441485, "fair_value": 36.177372, "relative_strength": 4.596823, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 91.415615, "energy": 89.561385, "activity_lines": [ 44.550138, 44.177646, 43.794139, 43.313627 ] }, { "date": "2024-07-26", "close": 45.325584, "volume": 0, "typical_volume": 5905.0, "trend": 42.649981, "fair_value": 36.261018, "relative_strength": 3.827618, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 86.737431, "energy": 93.319699, "activity_lines": [ 44.888998, 44.420668, 43.969966, 43.499698 ] }, { "date": "2024-08-02", "close": 45.831581, "volume": 0, "typical_volume": 5300.0, "trend": 42.872768, "fair_value": 36.347433, "relative_strength": 7.522853, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 88.773698, "energy": 95.060915, "activity_lines": [ 45.302878, 44.733674, 44.179005, 43.704963 ] }, { "date": "2024-08-09", "close": 44.177368, "volume": 400, "typical_volume": 5155.0, "trend": 43.032046, "fair_value": 36.423244, "relative_strength": 3.098128, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.638418, "energy": 63.663711, "activity_lines": [ 45.03107, 44.70624, 44.213894, 43.789131 ] }, { "date": "2024-08-16", "close": 45.296394, "volume": 0, "typical_volume": 5080.0, "trend": 43.219612, "fair_value": 36.499766, "relative_strength": 2.186703, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 71.258943, "energy": 59.438993, "activity_lines": [ 45.111511, 44.86844, 44.35141, 43.935218 ] }, { "date": "2024-08-23", "close": 45.247738, "volume": 500, "typical_volume": 4890.0, "trend": 43.386887, "fair_value": 36.576332, "relative_strength": 0.973441, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.809073, "energy": 54.775652, "activity_lines": [ 45.129674, 44.992555, 44.47765, 44.066064 ] }, { "date": "2024-08-30", "close": 45.481285, "volume": 200, "typical_volume": 4825.0, "trend": 43.546496, "fair_value": 36.654217, "relative_strength": 1.113431, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 70.463425, "energy": 51.376466, "activity_lines": [ 45.231525, 45.126903, 44.616999, 44.201187 ] }, { "date": "2024-09-06", "close": 44.547134, "volume": 500, "typical_volume": 4705.0, "trend": 43.674323, "fair_value": 36.727004, "relative_strength": 1.391962, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 48.929336, "energy": 38.839758, "activity_lines": [ 45.011612, 45.063035, 44.65529, 44.265744 ] }, { "date": "2024-09-13", "close": 45.675892, "volume": 100, "typical_volume": 4420.0, "trend": 43.829796, "fair_value": 36.808389, "relative_strength": 0.368221, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 70.452939, "energy": 46.527876, "activity_lines": [ 45.253581, 45.191127, 44.790393, 44.394878 ] }, { "date": "2024-09-20", "close": 46.444618, "volume": 300, "typical_volume": 2735.0, "trend": 43.989006, "fair_value": 36.895058, "relative_strength": 0.660559, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 81.65266, "energy": 56.012462, "activity_lines": [ 45.651891, 45.426079, 44.984859, 44.563576 ] }, { "date": "2024-09-27", "close": 46.322742, "volume": 100, "typical_volume": 1485.0, "trend": 44.131277, "fair_value": 36.981673, "relative_strength": -0.068557, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 73.971949, "energy": 55.988246, "activity_lines": [ 45.933027, 45.605434, 45.150347, 44.714139 ] }, { "date": "2024-10-04", "close": 46.25436, "volume": 500, "typical_volume": 1495.0, "trend": 44.267085, "fair_value": 37.066717, "relative_strength": -1.111772, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.437396, "energy": 72.115448, "activity_lines": [ 46.119703, 45.754403, 45.297238, 44.851112 ] }, { "date": "2024-10-11", "close": 47.23122, "volume": 900, "typical_volume": 1530.0, "trend": 44.429982, "fair_value": 37.160107, "relative_strength": -0.359328, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 82.220096, "energy": 84.160845, "activity_lines": [ 46.58046, 46.064095, 45.526975, 45.042347 ] }, { "date": "2024-10-18", "close": 48.442535, "volume": 1900, "typical_volume": 1580.0, "trend": 44.59978, "fair_value": 37.257095, "relative_strength": 0.663933, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 92.776133, "energy": 94.780108, "activity_lines": [ 47.266049, 46.568579, 45.85502, 45.301221 ] }, { "date": "2024-10-25", "close": 47.963871, "volume": 500, "typical_volume": 1545.0, "trend": 44.735192, "fair_value": 37.351134, "relative_strength": 1.044844, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 78.531064, "energy": 90.1183, "activity_lines": [ 47.607641, 46.908484, 46.113546, 45.51826 ] }, { "date": "2024-11-01", "close": 47.846649, "volume": 2000, "typical_volume": 1225.0, "trend": 44.885756, "fair_value": 37.438289, "relative_strength": 1.546651, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 70.291474, "energy": 87.96591, "activity_lines": [ 47.808876, 47.178577, 46.340549, 45.718999 ] }, { "date": "2024-11-08", "close": 49.702686, "volume": 500, "typical_volume": 610.0, "trend": 45.11111, "fair_value": 37.535556, "relative_strength": 3.194081, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 93.854626, "energy": 96.845727, "activity_lines": [ 48.527195, 47.738878, 46.7235, 46.029768 ] }, { "date": "2024-11-15", "close": 49.819908, "volume": 1300, "typical_volume": 675.0, "trend": 45.361692, "fair_value": 37.633872, "relative_strength": 2.756864, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 89.534921, "energy": 95.528455, "activity_lines": [ 49.054701, 48.243739, 47.090083, 46.333562 ] }, { "date": "2024-11-22", "close": 49.927364, "volume": 2700, "typical_volume": 765.0, "trend": 45.600349, "fair_value": 37.734008, "relative_strength": 0.665028, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 83.023884, "energy": 93.020648, "activity_lines": [ 49.445445, 48.672269, 47.438316, 46.628121 ] }, { "date": "2024-11-29", "close": 50.962833, "volume": 900, "typical_volume": 695.0, "trend": 45.872554, "fair_value": 37.842686, "relative_strength": 1.801881, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 89.819243, "energy": 95.442269, "activity_lines": [ 50.082358, 49.211767, 47.856301, 46.974088 ] }, { "date": "2024-12-06", "close": 50.962833, "volume": 6200, "typical_volume": 975.0, "trend": 46.111808, "fair_value": 37.947733, "relative_strength": 1.53405, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 82.217444, "energy": 92.841702, "activity_lines": [ 50.519339, 49.669115, 48.244013, 47.302493 ] }, { "date": "2024-12-13", "close": 50.396255, "volume": 800, "typical_volume": 1015.0, "trend": 46.321192, "fair_value": 38.047244, "relative_strength": 1.966912, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.415558, "energy": 81.25872, "activity_lines": [ 50.559716, 49.939084, 48.550968, 47.578909 ] }, { "date": "2024-12-20", "close": 49.507309, "volume": 2600, "typical_volume": 1145.0, "trend": 46.516451, "fair_value": 38.138912, "relative_strength": 2.764159, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.519083, "energy": 66.739078, "activity_lines": [ 50.25754, 49.972119, 48.749115, 47.784465 ] }, { "date": "2024-12-27", "close": 50.015278, "volume": 16100, "typical_volume": 1930.0, "trend": 46.736395, "fair_value": 38.231064, "relative_strength": 2.839838, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.516223, "energy": 62.439222, "activity_lines": [ 50.145526, 50.056129, 48.978137, 48.010196 ] }, { "date": "2025-01-03", "close": 49.370419, "volume": 7600, "typical_volume": 2310.0, "trend": 46.925799, "fair_value": 38.318603, "relative_strength": 0.294386, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 48.52001, "energy": 47.206223, "activity_lines": [ 49.812698, 49.994297, 49.117944, 48.180133 ] }, { "date": "2025-01-10", "close": 49.282082, "volume": 11900, "typical_volume": 2880.0, "trend": 47.119365, "fair_value": 38.406652, "relative_strength": 1.239214, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 42.64789, "energy": 35.177674, "activity_lines": [ 49.556586, 49.890829, 49.229938, 48.332151 ] }, { "date": "2025-01-17", "close": 51.362907, "volume": 1500, "typical_volume": 2945.0, "trend": 47.367432, "fair_value": 38.519636, "relative_strength": 4.095937, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 71.317934, "energy": 52.752256, "activity_lines": [ 50.106132, 50.139595, 49.520895, 48.605928 ] }, { "date": "2025-01-24", "close": 51.539577, "volume": 1800, "typical_volume": 3010.0, "trend": 47.624841, "fair_value": 38.632139, "relative_strength": 2.691284, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 79.943012, "energy": 62.636122, "activity_lines": [ 50.650125, 50.390296, 49.800669, 48.875099 ] }, { "date": "2025-01-31", "close": 52.069595, "volume": 12700, "typical_volume": 3640.0, "trend": 47.898295, "fair_value": 38.74242, "relative_strength": 3.374529, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 81.683126, "energy": 69.510944, "activity_lines": [ 51.235306, 50.706098, 50.097624, 49.161857 ] }, { "date": "2025-02-07", "close": 51.156788, "volume": 17100, "typical_volume": 4480.0, "trend": 48.116671, "fair_value": 38.846073, "relative_strength": 1.85004, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 64.633305, "energy": 80.640241, "activity_lines": [ 51.379263, 50.816985, 50.277199, 49.372082 ] }, { "date": "2025-02-14", "close": 51.078266, "volume": 8100, "typical_volume": 4880.0, "trend": 48.308102, "fair_value": 38.951734, "relative_strength": 1.458827, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.716434, "energy": 76.508323, "activity_lines": [ 51.377955, 50.910069, 50.426857, 49.563153 ] }, { "date": "2025-02-21", "close": 51.215679, "volume": 1200, "typical_volume": 4915.0, "trend": 48.504439, "fair_value": 39.059111, "relative_strength": 3.000891, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 62.280597, "energy": 57.945555, "activity_lines": [ 51.302706, 51.026038, 50.566956, 49.750739 ] }, { "date": "2025-02-28", "close": 51.519947, "volume": 7600, "typical_volume": 5250.0, "trend": 48.694051, "fair_value": 39.169456, "relative_strength": 2.529648, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.634876, "energy": 54.010531, "activity_lines": [ 51.338695, 51.18243, 50.712408, 49.945287 ] }, { "date": "2025-03-07", "close": 50.185081, "volume": 13500, "typical_volume": 5830.0, "trend": 48.894308, "fair_value": 39.273754, "relative_strength": 2.347349, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 42.662073, "energy": 31.392568, "activity_lines": [ 50.931037, 51.059526, 50.710307, 50.041483 ] }, { "date": "2025-03-14", "close": 49.085781, "volume": 11500, "typical_volume": 6380.0, "trend": 49.020621, "fair_value": 39.366582, "relative_strength": 0.882995, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 8.627764, "energy": 13.444442, "activity_lines": [ 50.28258, 50.733662, 50.595213, 50.053836 ] }, { "date": "2025-03-21", "close": 49.429317, "volume": 30200, "typical_volume": 7790.0, "trend": 49.160007, "fair_value": 39.45946, "relative_strength": -0.107479, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -2.289915, "energy": 18.704435, "activity_lines": [ 49.886702, 50.475434, 50.507495, 50.080203 ] }, { "date": "2025-03-28", "close": 49.084515, "volume": 5800, "typical_volume": 8055.0, "trend": 49.280115, "fair_value": 39.5509, "relative_strength": 0.032324, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -10.079152, "energy": 30.147852, "activity_lines": [ 49.48582, 50.151838, 50.379401, 50.075333 ] }, { "date": "2025-04-04", "close": 44.838142, "volume": 2400, "typical_volume": 8110.0, "trend": 49.289815, "fair_value": 39.615058, "relative_strength": -2.4408, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "mixed", "direction": -55.561008, "energy": 71.426768, "activity_lines": [ 47.811558, 49.097599, 49.849835, 49.788754 ] }, { "date": "2025-04-11", "close": 44.168182, "volume": 49800, "typical_volume": 10465.0, "trend": 49.239558, "fair_value": 39.674743, "relative_strength": -5.423899, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -65.260338, "energy": 84.652387, "activity_lines": [ 46.359429, 48.043394, 49.280186, 49.458326 ] }, { "date": "2025-04-18", "close": 44.572132, "volume": 3500, "typical_volume": 10595.0, "trend": 49.177142, "fair_value": 39.739237, "relative_strength": -6.857506, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -83.024364, "energy": 93.414233, "activity_lines": [ 45.443077, 47.206296, 48.776433, 49.157202 ] }, { "date": "2025-04-25", "close": 46.14851, "volume": 4800, "typical_volume": 10525.0, "trend": 49.171334, "fair_value": 39.814196, "relative_strength": -5.511045, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.884661, "energy": 87.785814, "activity_lines": [ 45.353095, 46.775534, 48.453243, 48.961806 ] }, { "date": "2025-05-02", "close": 47.104187, "volume": 3900, "typical_volume": 10680.0, "trend": 49.199662, "fair_value": 39.899423, "relative_strength": -4.727911, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.250353, "energy": 74.471928, "activity_lines": [ 45.800392, 46.608162, 48.243995, 48.828442 ] }, { "date": "2025-05-09", "close": 47.380054, "volume": 10500, "typical_volume": 11075.0, "trend": 49.204623, "fair_value": 39.989179, "relative_strength": -5.315847, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -59.508632, "energy": 47.392225, "activity_lines": [ 46.471666, 46.565703, 48.076697, 48.711048 ] }, { "date": "2025-05-16", "close": 48.91703, "volume": 1500, "typical_volume": 10345.0, "trend": 49.220439, "fair_value": 40.095509, "relative_strength": -4.481484, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -34.074412, "energy": 23.607426, "activity_lines": [ 47.485805, 46.877965, 48.065907, 48.692494 ] }, { "date": "2025-05-23", "close": 47.340641, "volume": 900, "typical_volume": 10010.0, "trend": 49.199665, "fair_value": 40.180571, "relative_strength": -7.116965, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -32.254606, "energy": 25.49394, "activity_lines": [ 47.657891, 46.926666, 47.910215, 48.571216 ] }, { "date": "2025-05-30", "close": 47.82341, "volume": 2100, "typical_volume": 9520.0, "trend": 49.19889, "fair_value": 40.271308, "relative_strength": -7.116423, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -28.688447, "energy": 23.409165, "activity_lines": [ 47.806333, 47.094873, 47.810166, 48.482426 ] }, { "date": "2025-06-06", "close": 48.335739, "volume": 700, "typical_volume": 9480.0, "trend": 49.153325, "fair_value": 40.373312, "relative_strength": -6.881292, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -26.093756, "energy": 21.764853, "activity_lines": [ 48.013891, 47.385429, 47.765857, 48.426739 ] }, { "date": "2025-06-13", "close": 47.981049, "volume": 900, "typical_volume": 9435.0, "trend": 49.09203, "fair_value": 40.483485, "relative_strength": -7.647454, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -26.586484, "energy": 15.636929, "activity_lines": [ 48.021116, 47.625111, 47.702183, 48.351108 ] }, { "date": "2025-06-20", "close": 48.493374, "volume": 500, "typical_volume": 8825.0, "trend": 49.04423, "fair_value": 40.58962, "relative_strength": -6.446921, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -10.368844, "energy": 11.274235, "activity_lines": [ 48.15905, 47.900798, 47.704247, 48.312485 ] }, { "date": "2025-06-27", "close": 49.339897, "volume": 10600, "typical_volume": 8500.0, "trend": 48.990133, "fair_value": 40.706822, "relative_strength": -5.364362, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 2.31214, "energy": 12.819518, "activity_lines": [ 48.607401, 48.251759, 47.803962, 48.33156 ] }, { "date": "2025-07-04", "close": 50.259636, "volume": 2700, "typical_volume": 8230.0, "trend": 48.966693, "fair_value": 40.824674, "relative_strength": -4.755715, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 35.126162, "energy": 44.904967, "activity_lines": [ 49.229048, 48.683258, 47.999922, 48.413464 ] }, { "date": "2025-07-11", "close": 50.576115, "volume": 1000, "typical_volume": 8220.0, "trend": 48.972688, "fair_value": 40.946002, "relative_strength": -3.967464, "stage": 3, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 40.919979, "energy": 64.509631, "activity_lines": [ 49.793774, 49.097552, 48.229922, 48.517297 ] }, { "date": "2025-07-18", "close": 50.487106, "volume": 2000, "typical_volume": 7940.0, "trend": 49.005348, "fair_value": 41.063503, "relative_strength": -5.016523, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 36.064551, "energy": 67.287291, "activity_lines": [ 50.179471, 49.432535, 48.454491, 48.615002 ] }, { "date": "2025-07-25", "close": 50.684898, "volume": 200, "typical_volume": 7275.0, "trend": 49.027669, "fair_value": 41.176786, "relative_strength": -5.135814, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 37.697229, "energy": 71.810407, "activity_lines": [ 50.464029, 49.74699, 48.702815, 48.72336 ] }, { "date": "2025-08-01", "close": 50.714569, "volume": 0, "typical_volume": 6700.0, "trend": 49.072474, "fair_value": 41.288872, "relative_strength": -3.237999, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 43.832029, "energy": 74.311682, "activity_lines": [ 50.612375, 50.034696, 48.951585, 48.832192 ] }, { "date": "2025-08-08", "close": 50.229973, "volume": 0, "typical_volume": 5190.0, "trend": 49.10407, "fair_value": 41.395019, "relative_strength": -6.553603, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 38.42327, "energy": 63.805751, "activity_lines": [ 50.507544, 50.172949, 49.146447, 48.906869 ] }, { "date": "2025-08-15", "close": 51.851891, "volume": 400, "typical_volume": 4920.0, "trend": 49.120369, "fair_value": 41.506136, "relative_strength": -3.941984, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 60.232973, "energy": 78.723175, "activity_lines": [ 50.94533, 50.562341, 49.491964, 49.084148 ] }, { "date": "2025-08-22", "close": 51.970562, "volume": 900, "typical_volume": 4845.0, "trend": 49.134736, "fair_value": 41.622355, "relative_strength": -5.072427, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 85.095299, "energy": 91.576213, "activity_lines": [ 51.337622, 50.909379, 49.835605, 49.268032 ] }, { "date": "2025-08-29", "close": 52.425491, "volume": 100, "typical_volume": 2360.0, "trend": 49.146599, "fair_value": 41.748121, "relative_strength": -4.910471, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 87.104364, "energy": 94.217975, "activity_lines": [ 51.782659, 51.266595, 50.18861, 49.480338 ] }, { "date": "2025-09-05", "close": 52.900204, "volume": 700, "typical_volume": 2220.0, "trend": 49.204713, "fair_value": 41.874098, "relative_strength": -5.528409, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 87.343903, "energy": 95.153707, "activity_lines": [ 52.269895, 51.63863, 50.547504, 49.722506 ] }, { "date": "2025-09-12", "close": 53.572701, "volume": 200, "typical_volume": 1990.0, "trend": 49.28786, "fair_value": 42.008304, "relative_strength": -4.986414, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 89.239044, "energy": 95.8813, "activity_lines": [ 52.835587, 52.068204, 50.930788, 50.004312 ] }, { "date": "2025-09-19", "close": 53.661713, "volume": 0, "typical_volume": 1795.0, "trend": 49.369395, "fair_value": 42.148748, "relative_strength": -6.243651, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 84.190701, "energy": 94.062503, "activity_lines": [ 53.208102, 52.453724, 51.287196, 50.286496 ] }, { "date": "2025-09-26", "close": 53.918846, "volume": 3500, "typical_volume": 1445.0, "trend": 49.449358, "fair_value": 42.291363, "relative_strength": -5.656909, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 82.718992, "energy": 93.476256, "activity_lines": [ 53.545672, 52.829894, 51.636867, 50.580009 ] }, { "date": "2025-10-03", "close": 54.901173, "volume": 800, "typical_volume": 1410.0, "trend": 49.606561, "fair_value": 42.432586, "relative_strength": -6.071751, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 92.736065, "energy": 96.823124, "activity_lines": [ 54.0808, 53.322274, 52.048956, 50.931739 ] }, { "date": "2025-10-10", "close": 54.643188, "volume": 0, "typical_volume": 1365.0, "trend": 49.791808, "fair_value": 42.575182, "relative_strength": -4.473586, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 79.866183, "energy": 91.081522, "activity_lines": [ 54.364886, 53.691088, 52.407979, 51.256683 ] }, { "date": "2025-10-17", "close": 54.236366, "volume": 600, "typical_volume": 1290.0, "trend": 49.952043, "fair_value": 42.712869, "relative_strength": -5.854094, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 68.451515, "energy": 71.379786, "activity_lines": [ 54.397167, 53.914504, 52.693482, 51.543428 ] }, { "date": "2025-10-24", "close": 55.645363, "volume": 4300, "typical_volume": 1470.0, "trend": 50.170738, "fair_value": 42.847116, "relative_strength": -4.063886, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 89.221333, "energy": 75.69469, "activity_lines": [ 54.854869, 54.321259, 53.082638, 51.910739 ] }, { "date": "2025-10-31", "close": 55.030163, "volume": 100, "typical_volume": 1430.0, "trend": 50.510472, "fair_value": 42.984382, "relative_strength": -4.687019, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 69.755733, "energy": 68.205138, "activity_lines": [ 54.975261, 54.547187, 53.378396, 52.224251 ] }, { "date": "2025-11-07", "close": 55.268303, "volume": 200, "typical_volume": 1415.0, "trend": 50.880476, "fair_value": 43.115727, "relative_strength": -3.00311, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 73.119236, "energy": 69.036878, "activity_lines": [ 55.100945, 54.760783, 53.663267, 52.531208 ] }, { "date": "2025-11-14", "close": 55.387375, "volume": 200, "typical_volume": 895.0, "trend": 51.240984, "fair_value": 43.246261, "relative_strength": -3.952238, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 73.106878, "energy": 69.503827, "activity_lines": [ 55.241845, 54.944342, 53.927216, 52.821975 ] }, { "date": "2025-11-21", "close": 54.156986, "volume": 200, "typical_volume": 770.0, "trend": 51.507933, "fair_value": 43.365336, "relative_strength": -5.410217, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.491445, "energy": 62.217984, "activity_lines": [ 54.923002, 54.858972, 54.045188, 53.010104 ] }, { "date": "2025-11-28", "close": 56.459003, "volume": 900, "typical_volume": 765.0, "trend": 51.819761, "fair_value": 43.496987, "relative_strength": -5.048809, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 88.348662, "energy": 70.626374, "activity_lines": [ 55.37679, 55.181528, 54.363841, 53.329528 ] }, { "date": "2025-12-05", "close": 56.449081, "volume": 200, "typical_volume": 675.0, "trend": 52.122062, "fair_value": 43.632269, "relative_strength": -4.674089, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 83.237113, "energy": 70.088321, "activity_lines": [ 55.773029, 55.45142, 54.653535, 53.628194 ] }, { "date": "2025-12-12", "close": 56.498692, "volume": 2000, "typical_volume": 765.0, "trend": 52.374784, "fair_value": 43.770532, "relative_strength": -5.049024, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 77.991221, "energy": 69.000255, "activity_lines": [ 56.091209, 55.684327, 54.919563, 53.910557 ] }, { "date": "2025-12-19", "close": 55.982719, "volume": 2400, "typical_volume": 885.0, "trend": 52.662853, "fair_value": 43.908455, "relative_strength": -6.354667, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.728253, "energy": 65.709463, "activity_lines": [ 56.155373, 55.794376, 55.108767, 54.143327 ] }, { "date": "2025-12-26", "close": 55.893421, "volume": 3500, "typical_volume": 1060.0, "trend": 52.931853, "fair_value": 44.043936, "relative_strength": -6.959994, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.166266, "energy": 61.071571, "activity_lines": [ 56.150081, 55.863833, 55.264379, 54.351751 ] }, { "date": "2026-01-02", "close": 55.748352, "volume": 6100, "typical_volume": 1345.0, "trend": 53.17894, "fair_value": 44.178121, "relative_strength": -6.651819, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 60.788742, "energy": 53.427531, "activity_lines": [ 55.980671, 55.876786, 55.379207, 54.533461 ] }, { "date": "2026-01-09", "close": 57.762512, "volume": 100, "typical_volume": 1305.0, "trend": 53.504989, "fair_value": 44.318946, "relative_strength": -5.229979, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 84.183448, "energy": 62.096603, "activity_lines": [ 56.530024, 56.254078, 55.667305, 54.829175 ] }, { "date": "2026-01-16", "close": 58.629997, "volume": 500, "typical_volume": 1325.0, "trend": 53.842877, "fair_value": 44.470691, "relative_strength": -4.782989, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 88.15026, "energy": 71.827246, "activity_lines": [ 57.280977, 56.739414, 56.010439, 55.159821 ] }, { "date": "2026-01-23", "close": 58.201241, "volume": 3500, "typical_volume": 1465.0, "trend": 54.138255, "fair_value": 44.61445, "relative_strength": -5.516015, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 76.395029, "energy": 85.491555, "activity_lines": [ 57.746924, 57.085674, 56.283195, 55.441005 ] }, { "date": "2026-01-30", "close": 57.054569, "volume": 7300, "typical_volume": 1820.0, "trend": 54.364752, "fair_value": 44.747875, "relative_strength": -3.581988, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.627335, "energy": 80.835352, "activity_lines": [ 57.682745, 57.172286, 56.421501, 55.629155 ] }, { "date": "2026-02-06", "close": 58.171329, "volume": 900, "typical_volume": 1865.0, "trend": 54.617926, "fair_value": 44.891259, "relative_strength": -3.132035, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 71.307335, "energy": 75.46239, "activity_lines": [ 57.91341, 57.409263, 56.649584, 55.87474 ] }, { "date": "2026-02-13", "close": 58.510345, "volume": 2600, "typical_volume": 1820.0, "trend": 54.885368, "fair_value": 45.03426, "relative_strength": -4.108383, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 74.805421, "energy": 62.890449, "activity_lines": [ 58.095548, 57.676745, 56.88848, 56.125864 ] }, { "date": "2026-02-20", "close": 58.849361, "volume": 2400, "typical_volume": 1900.0, "trend": 55.157516, "fair_value": 45.183452, "relative_strength": -5.381707, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 77.201709, "energy": 64.01649, "activity_lines": [ 58.340837, 57.96839, 57.137799, 56.381606 ] }, { "date": "2026-02-27", "close": 58.590111, "volume": 3400, "typical_volume": 2070.0, "trend": 55.420034, "fair_value": 45.330556, "relative_strength": -6.917788, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 69.674931, "energy": 66.901718, "activity_lines": [ 58.485084, 58.170158, 57.343627, 56.603063 ] }, { "date": "2026-03-06", "close": 57.882168, "volume": 10900, "typical_volume": 2585.0, "trend": 55.675108, "fair_value": 45.478055, "relative_strength": -4.271964, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.522533, "energy": 57.026551, "activity_lines": [ 58.367426, 58.195802, 57.463237, 56.761911 ] }, { "date": "2026-03-13", "close": 56.366562, "volume": 100, "typical_volume": 2375.0, "trend": 55.825597, "fair_value": 45.61803, "relative_strength": -4.95944, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 34.361738, "energy": 30.046183, "activity_lines": [ 57.689392, 57.909723, 57.421143, 56.806521 ] }, { "date": "2026-03-20", "close": 56.675667, "volume": 11000, "typical_volume": 2920.0, "trend": 55.982433, "fair_value": 45.763093, "relative_strength": -0.523432, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 26.874034, "energy": 22.000765, "activity_lines": [ 57.234711, 57.668604, 57.405052, 56.861364 ] }, { "date": "2026-03-27", "close": 56.904999, "volume": 6900, "typical_volume": 3255.0, "trend": 56.13175, "fair_value": 45.903048, "relative_strength": -1.921824, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 20.593907, "energy": 24.673877, "activity_lines": [ 56.978786, 57.488943, 57.402968, 56.920884 ] }, { "date": "2026-04-03", "close": 58.060001, "volume": 700, "typical_volume": 3280.0, "trend": 56.303744, "fair_value": 46.051569, "relative_strength": -3.21531, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 33.83517, "energy": 25.453924, "activity_lines": [ 57.237486, 57.550646, 57.503089, 57.045288 ] }, { "date": "2026-04-10", "close": 59.389999, "volume": 3700, "typical_volume": 3455.0, "trend": 56.497653, "fair_value": 46.207638, "relative_strength": -2.611001, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 68.575681, "energy": 36.867153, "activity_lines": [ 57.974859, 57.856735, 57.71715, 57.244401 ] }, { "date": "2026-04-17", "close": 59.880001, "volume": 9200, "typical_volume": 3870.0, "trend": 56.70493, "fair_value": 46.364708, "relative_strength": -3.5658, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 75.880054, "energy": 69.73834, "activity_lines": [ 58.775045, 58.209452, 57.952959, 57.462617 ] }, { "date": "2026-04-24", "close": 60.349998, "volume": 1200, "typical_volume": 3920.0, "trend": 56.919301, "fair_value": 46.523873, "relative_strength": -1.449486, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 79.270937, "energy": 85.480371, "activity_lines": [ 59.497666, 58.616557, 58.21724, 57.697782 ] }, { "date": "2026-05-01", "close": 61.125198, "volume": 1400, "typical_volume": 3890.0, "trend": 57.126769, "fair_value": 46.695345, "relative_strength": -0.062363, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 84.306624, "energy": 92.964212, "activity_lines": [ 60.233732, 59.131159, 58.536773, 57.969131 ] }, { "date": "2026-05-08", "close": 61.583961, "volume": 600, "typical_volume": 3800.0, "trend": 57.358128, "fair_value": 46.868106, "relative_strength": 0.201823, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 85.75898, "energy": 94.310084, "activity_lines": [ 60.841373, 59.687794, 58.877966, 58.256691 ] }, { "date": "2026-05-15", "close": 62.331944, "volume": 1300, "typical_volume": 3690.0, "trend": 57.627981, "fair_value": 47.042972, "relative_strength": 2.196298, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 88.026428, "energy": 95.22051, "activity_lines": [ 61.46341, 60.325992, 59.263724, 58.577583 ] }, { "date": "2026-05-22", "close": 63.778046, "volume": 2900, "typical_volume": 3530.0, "trend": 57.89907, "fair_value": 47.229126, "relative_strength": 2.608996, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 93.4198, "energy": 97.178019, "activity_lines": [ 62.371352, 61.146212, 59.756546, 58.974361 ] }, { "date": "2026-05-29", "close": 64.127106, "volume": 4700, "typical_volume": 3760.0, "trend": 58.202302, "fair_value": 47.415683, "relative_strength": 2.26832, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 88.40775, "energy": 95.324048, "activity_lines": [ 63.135778, 61.895144, 60.244375, 59.37617 ] }, { "date": "2026-06-05", "close": 65.144363, "volume": 0, "typical_volume": 3735.0, "trend": 58.531504, "fair_value": 47.606559, "relative_strength": 4.892437, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 90.62257, "energy": 96.195682, "activity_lines": [ 63.987482, 62.693551, 60.798778, 59.824045 ] }, { "date": "2026-06-12", "close": 65.463501, "volume": 6500, "typical_volume": 3885.0, "trend": 58.867374, "fair_value": 47.797097, "relative_strength": 3.754107, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 86.518933, "energy": 95.04816, "activity_lines": [ 64.677621, 63.400176, 61.352554, 60.27127 ] }, { "date": "2026-06-19", "close": 66.041946, "volume": 500, "typical_volume": 3545.0, "trend": 59.26354, "fair_value": 47.996479, "relative_strength": 4.513011, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 86.069237, "energy": 94.894398, "activity_lines": [ 65.301939, 64.077364, 61.926839, 60.734146 ] }, { "date": "2026-06-26", "close": 66.390999, "volume": 4100, "typical_volume": 3705.0, "trend": 59.594606, "fair_value": 48.191375, "relative_strength": 4.97675, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 83.595823, "energy": 93.964514, "activity_lines": [ 65.795274, 64.697072, 62.491569, 61.193982 ] }, { "date": "2026-07-03", "close": 66.809998, "volume": 0, "typical_volume": 3575.0, "trend": 59.93997, "fair_value": 48.388835, "relative_strength": 4.796344, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 84.111103, "energy": 94.258961, "activity_lines": [ 66.254079, 65.27458, 63.057063, 61.659491 ] }, { "date": "2026-07-10", "close": 66.849998, "volume": 6800, "typical_volume": 3795.0, "trend": 60.285014, "fair_value": 48.584463, "relative_strength": 4.662443, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 78.414855, "energy": 91.679545, "activity_lines": [ 66.547358, 65.741906, 63.586844, 62.1053 ] }, { "date": "2026-07-17", "close": 66.43, "volume": 5800, "typical_volume": 3915.0, "trend": 60.633256, "fair_value": 48.773468, "relative_strength": 4.087822, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 68.533595, "energy": 81.194821, "activity_lines": [ 66.586929, 66.028781, 64.038527, 62.50175 ] }, { "date": "2026-07-24", "close": 66.650002, "volume": 2600, "typical_volume": 3500.0, "trend": 60.991809, "fair_value": 48.961613, "relative_strength": 4.076624, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.814668, "energy": 68.512714, "activity_lines": [ 66.6354, 66.267547, 64.47383, 62.889927 ] }, { "date": "2026-07-31", "close": 66.510002, "volume": 2500, "typical_volume": 3620.0, "trend": 61.350531, "fair_value": 49.148983, "relative_strength": 4.267227, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.562814, "energy": 66.727916, "activity_lines": [ 66.596667, 66.402348, 64.854047, 63.24594 ] }, { "date": "2026-08-07", "close": 67.720001, "volume": 100, "typical_volume": 3075.0, "trend": 61.682447, "fair_value": 49.343679, "relative_strength": 2.736835, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 84.367187, "energy": 72.484397, "activity_lines": [ 66.953334, 66.707477, 65.301201, 63.656873 ] } ], "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." } } }