{ "ticker": { "uuid": "c4ab85e5-250d-46aa-8ca2-d490bd13ef26", "symbol": "BBEM", "name": "JPMORGAN BETABUILDERS EMERGING MARKETS EQUITY ETF", "exchange": "CBOE", "country": "US", "assetType": "etf" }, "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.", "analysis": { "eligible": true, "as_of": "2026-08-07", "benchmark": "SPY", "stage": 2, "stage_name": "Advancing", "phase": "2b", "phase_label": "Stage 2B \u00b7 Advancing", "transition": "stage_2_healthy", "transition_label": "Stage 2 trend intact", "confidence": 75.481, "architecture_regime": "deceleration", "architecture_regime_label": "Deceleration", "architecture_modifier": "Recompressing", "architecture_gate": "up", "architecture_direction": 12.426, "architecture_energy": 14.861, "architecture_maturity": 56.197, "architecture_confidence": 89.334, "architecture_tenure": "New", "architecture": { "interpretation": { "headline": "The upward structure remains, but its energy is decelerating.", "body": "Trend remains positive, but Activity or price acceptance is losing strength. This can become a healthy recompression, a re-acceleration, or a Rotation Down." }, "scores": { "balance": 62.89, "rotation_up": 17.86, "upward_expansion": 44.89, "deceleration": 87.62, "rotation_down": 36.34, "downward_expansion": 27.56 }, "activity_lines": [ 74.513127, 75.420898, 75.531728, 74.133115 ], "activity_state": "Compressed", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": -0.333333 }, "latest_close": 75.48, "trend_reference": 72.352093, "distance_from_trend": 0.043232, "trend_direction": "Improving", "fair_value": 54.609468, "distance_from_fair_value": 0.382178, "fair_value_direction": "Weakening", "relative_strength": -0.306276, "relative_strength_direction": "Weakening", "price_momentum": 0.089877, "excess_performance": -0.035748, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.043232, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.063664, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.382178, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.11529, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.003063, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.115898, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.089877, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 2.338064, "read": "Demand-led" } ], "volume": { "latest": 30529, "relative_activity": 0.157054, "balance": 2.338064, "dry_up": 0.866424, "accumulation_observations": 3, "distribution_observations": 2 }, "risk": { "range_context": 0.053364, "annualized_volatility": 0.271837, "from_high_reference": -0.081788, "from_low_reference": 0.331293 }, "levels": { "trend_reference": 72.352093, "fair_value_reference": 54.609468, "structural_low": 63.22, "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 3, "median_return": 0.021495, "positive_rate": 0.666667, "directional_follow_through": 0.666667, "median_excess_return": -0.01002, "regime_survival": 0.333333, "best_return": 0.143095, "worst_return": -0.051248, "sufficient": false }, { "horizon": "Intermediate", "sample_count": 2, "median_return": 0.122163, "positive_rate": 1.0, "directional_follow_through": 1.0, "median_excess_return": 0.023692, "regime_survival": 0.0, "best_return": 0.206801, "worst_return": 0.037525, "sufficient": false }, { "horizon": "Extended", "sample_count": 1, "median_return": 0.081756, "positive_rate": 1.0, "directional_follow_through": 1.0, "median_excess_return": 0.060897, "regime_survival": 0.0, "best_return": 0.081756, "worst_return": 0.081756, "sufficient": false }, { "horizon": "Full cycle", "sample_count": 1, "median_return": 0.285625, "positive_rate": 1.0, "directional_follow_through": 1.0, "median_excess_return": 0.124608, "regime_survival": 0.0, "best_return": 0.285625, "worst_return": 0.285625, "sufficient": false } ], "ledger": [ { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-11-15", "end": "2025-01-03", "tenure": "Developing", "return": -0.005248, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-01-10", "end": "2025-01-17", "tenure": "New", "return": 0.022619, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-01-24", "end": "2025-03-07", "tenure": "Developing", "return": 0.029966, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-03-14", "end": "2025-03-28", "tenure": "New", "return": -0.011997, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-04-04", "end": "2025-04-25", "tenure": "New", "return": 0.063323, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-05-02", "end": "2025-05-16", "tenure": "New", "return": 0.0266, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-05-23", "end": "2026-03-20", "tenure": "Extended", "return": 0.232877, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-03-27", "end": "2026-04-17", "tenure": "New", "return": 0.14823, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-04-24", "end": "2026-07-17", "tenure": "Established", "return": 0.000659, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-07-24", "end": "2026-08-07", "tenure": "New", "return": 0.028058, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 42.668192, "volume": 2328, "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": 43.207045, "volume": 28325, "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": 43.979491, "volume": 45516, "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": 43.126217, "volume": 2237, "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": 43.596726, "volume": 14768, "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": 42.875201, "volume": 2358, "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": 42.156674, "volume": 332395, "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": 41.929291, "volume": 316190, "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": 42.093006, "volume": 2306, "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": 40.956095, "volume": 5441, "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": 40.610474, "volume": 15159, "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": 42.584152, "volume": 15872, "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": 42.484104, "volume": 10464, "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": 43.463667, "volume": 6523, "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": 43.652394, "volume": 37154, "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": 43.90879, "volume": 332537, "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": 43.220186, "volume": 28484, "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": 44.240496, "volume": 9322, "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": 44.369104, "volume": 23230, "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": 45.418426, "volume": 292366, "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": 44.566659, "volume": 21105, "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": 44.426529, "volume": 28662, "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": 43.572473, "volume": 741, "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": 44.048363, "volume": 593, "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": 43.751527, "volume": 108797, "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": 44.740676, "volume": 354521, "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": 45.162896, "volume": 14494, "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": 45.702349, "volume": 8085, "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": 45.706928, "volume": 112558, "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": 45.977112, "volume": 14524, "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": 45.757301, "volume": 24709, "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": 46.001152, "volume": 67677, "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": 46.242449, "volume": 147290, "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": 46.559106, "volume": 154844, "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": 45.739136, "volume": 54521, "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": 44.876445, "volume": 16745, "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": 46.306624, "volume": 29549, "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": 47.654293, "volume": 358354, "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": 47.541528, "volume": 59083, "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": 48.946496, "volume": 2207, "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": 48.254143, "volume": 1600, "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": 46.9117, "volume": 112625, "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": 47.428214, "volume": 13418, "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": 48.012937, "volume": 64595, "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": 48.394593, "volume": 2142, "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": 48.447274, "volume": 215229, "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": 49.56346, "volume": 345279, "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": 50.442075, "volume": 7260, "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": 48.602264, "volume": 18679, "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": 48.316328, "volume": 13217, "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": 47.564591, "volume": 5756, "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": 47.967324, "volume": 9896, "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": 49.380265, "volume": 15079, "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": 49.760064, "volume": 3631, "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": 49.234246, "volume": 278983, "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": 47.596772, "volume": 3297, "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": 48.757809, "volume": 1124, "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": 49.691355, "volume": 1678, "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": 52.726971, "volume": 3971, "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": 52.998974, "volume": 440962, "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": 52.184832, "volume": 2169, "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": 51.731339, "volume": 29811, "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": 50.857012, "volume": 24099, "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": 50.29845, "volume": 364585, "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": 50.462772, "volume": 5510, "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": 48.641708, "volume": 15088, "typical_volume": 79503.7, "trend": 49.15588, "fair_value": 45.92108, "relative_strength": -8.345264, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 8.040772, "energy": 19.27236, "activity_lines": [ 49.960023, 50.701786, 50.238454, 49.799469 ] }, { "date": "2024-11-22", "close": 49.006088, "volume": 8998, "typical_volume": 62689.65, "trend": 49.245863, "fair_value": 45.959166, "relative_strength": -8.884238, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 8.168668, "energy": 23.158516, "activity_lines": [ 49.495967, 50.369234, 50.159136, 49.789805 ] }, { "date": "2024-11-29", "close": 48.941797, "volume": 641251, "typical_volume": 94389.2, "trend": 49.288779, "fair_value": 45.99554, "relative_strength": -9.765034, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -20.43818, "energy": 28.919842, "activity_lines": [ 49.192164, 50.020479, 50.076349, 49.770188 ] }, { "date": "2024-12-06", "close": 49.526859, "volume": 110482, "typical_volume": 98979.35, "trend": 49.354957, "fair_value": 46.038086, "relative_strength": -9.210738, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -17.572642, "energy": 28.444182, "activity_lines": [ 49.211062, 49.791727, 50.056426, 49.785548 ] }, { "date": "2024-12-13", "close": 49.687261, "volume": 48943, "typical_volume": 100765.65, "trend": 49.379649, "fair_value": 46.081528, "relative_strength": -8.119656, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -14.983496, "energy": 20.851492, "activity_lines": [ 49.334868, 49.650323, 50.047377, 49.806987 ] }, { "date": "2024-12-20", "close": 48.641894, "volume": 5254076, "typical_volume": 363181.65, "trend": 49.392574, "fair_value": 46.11165, "relative_strength": -8.122467, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -26.463878, "energy": 23.512203, "activity_lines": [ 49.161918, 49.379066, 49.93224, 49.75939 ] }, { "date": "2024-12-27", "close": 48.552159, "volume": 251689, "typical_volume": 375271.3, "trend": 49.447256, "fair_value": 46.140028, "relative_strength": -8.588912, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -28.270124, "energy": 30.655521, "activity_lines": [ 48.959045, 49.155909, 49.803428, 49.70517 ] }, { "date": "2025-01-03", "close": 48.386431, "volume": 428288, "typical_volume": 395931.75, "trend": 49.479197, "fair_value": 46.165849, "relative_strength": -8.138622, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -29.791718, "energy": 39.192118, "activity_lines": [ 48.73119, 48.960424, 49.656047, 49.636729 ] }, { "date": "2025-01-10", "close": 47.140889, "volume": 141480, "typical_volume": 402824.2, "trend": 49.450129, "fair_value": 46.176929, "relative_strength": -8.475625, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -54.642715, "energy": 67.37956, "activity_lines": [ 48.12518, 48.583396, 49.394776, 49.485871 ] }, { "date": "2025-01-17", "close": 48.207167, "volume": 28140, "typical_volume": 390282.05, "trend": 49.443881, "fair_value": 46.199741, "relative_strength": -8.868692, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -61.904755, "energy": 68.675937, "activity_lines": [ 48.03366, 48.457647, 49.247527, 49.40568 ] }, { "date": "2025-01-24", "close": 49.079047, "volume": 28849, "typical_volume": 391559.65, "trend": 49.46494, "fair_value": 46.231733, "relative_strength": -8.591496, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -58.841646, "energy": 51.509288, "activity_lines": [ 48.331439, 48.531433, 49.188205, 49.382142 ] }, { "date": "2025-01-31", "close": 48.844039, "volume": 143566, "typical_volume": 398681.75, "trend": 49.440959, "fair_value": 46.26044, "relative_strength": -7.92961, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -53.986634, "energy": 35.158337, "activity_lines": [ 48.52174, 48.554539, 49.099443, 49.342084 ] }, { "date": "2025-02-07", "close": 49.267147, "volume": 31917, "typical_volume": 400193.7, "trend": 49.401795, "fair_value": 46.293121, "relative_strength": -6.79886, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -35.374812, "energy": 19.601361, "activity_lines": [ 48.833617, 48.657519, 49.050566, 49.33087 ] }, { "date": "2025-02-14", "close": 50.467003, "volume": 10117, "typical_volume": 400501.0, "trend": 49.463953, "fair_value": 46.338002, "relative_strength": -5.746077, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "mixed", "direction": 15.05466, "energy": 21.38074, "activity_lines": [ 49.486732, 48.97274, 49.117981, 49.399593 ] }, { "date": "2025-02-21", "close": 51.072007, "volume": 59333, "typical_volume": 381419.55, "trend": 49.555809, "fair_value": 46.388364, "relative_strength": -2.936534, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "mixed", "direction": 34.320783, "energy": 35.21001, "activity_lines": [ 50.119774, 49.380868, 49.253778, 49.503339 ] }, { "date": "2025-02-28", "close": 49.069646, "volume": 372367, "typical_volume": 399929.45, "trend": 49.605978, "fair_value": 46.416588, "relative_strength": -5.679146, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "mixed", "direction": 9.313813, "energy": 21.323671, "activity_lines": [ 49.894373, 49.399753, 49.208049, 49.471973 ] }, { "date": "2025-03-07", "close": 50.549726, "volume": 194762, "typical_volume": 408177.0, "trend": 49.692058, "fair_value": 46.459641, "relative_strength": 0.317675, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "mixed", "direction": 22.377905, "energy": 28.319797, "activity_lines": [ 50.162959, 49.679966, 49.318115, 49.53286 ] }, { "date": "2025-03-14", "close": 50.470293, "volume": 185950, "typical_volume": 416269.55, "trend": 49.728392, "fair_value": 46.500988, "relative_strength": 2.51436, "stage": 3, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 19.789721, "energy": 30.313972, "activity_lines": [ 50.291355, 49.909417, 49.426242, 49.583069 ] }, { "date": "2025-03-21", "close": 50.789904, "volume": 203905, "typical_volume": 408235.55, "trend": 49.76272, "fair_value": 46.544752, "relative_strength": 2.625715, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 23.665765, "energy": 22.514974, "activity_lines": [ 50.446078, 50.159091, 49.566651, 49.651554 ] }, { "date": "2025-03-28", "close": 49.864822, "volume": 334473, "typical_volume": 424683.7, "trend": 49.783739, "fair_value": 46.578289, "relative_strength": 2.260401, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 15.350456, "energy": 18.659308, "activity_lines": [ 50.270914, 50.174223, 49.616615, 49.658141 ] }, { "date": "2025-04-04", "close": 46.481987, "volume": 482597, "typical_volume": 448059.15, "trend": 49.74658, "fair_value": 46.577326, "relative_strength": 4.803435, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -55.506055, "energy": 28.214909, "activity_lines": [ 49.048616, 49.544155, 49.347253, 49.445125 ] }, { "date": "2025-04-11", "close": 47.593284, "volume": 22563, "typical_volume": 448737.4, "trend": 49.707762, "fair_value": 46.587385, "relative_strength": 1.5833, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -56.087051, "energy": 37.105051, "activity_lines": [ 48.369262, 49.16336, 49.194012, 49.306202 ] }, { "date": "2025-04-18", "close": 47.899965, "volume": 269192, "typical_volume": 430134.45, "trend": 49.648049, "fair_value": 46.600253, "relative_strength": 3.718225, "stage": 1, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -54.039212, "energy": 45.768803, "activity_lines": [ 47.989231, 48.861066, 49.076707, 49.18957 ] }, { "date": "2025-04-25", "close": 49.425358, "volume": 2089, "typical_volume": 424714.8, "trend": 49.537995, "fair_value": 46.627681, "relative_strength": 2.368088, "stage": 1, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -47.072511, "energy": 38.559594, "activity_lines": [ 48.28902, 48.860974, 49.109639, 49.175203 ] }, { "date": "2025-05-02", "close": 51.255074, "volume": 248636, "typical_volume": 434699.45, "trend": 49.479865, "fair_value": 46.672175, "relative_strength": 3.227825, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 0.78835, "energy": 1.987019, "activity_lines": [ 49.289683, 49.212496, 49.317312, 49.285982 ] }, { "date": "2025-05-09", "close": 51.132194, "volume": 226251, "typical_volume": 183308.2, "trend": 49.444777, "fair_value": 46.714652, "relative_strength": 3.46355, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 31.020491, "energy": 25.35408, "activity_lines": [ 50.156704, 49.538349, 49.505817, 49.392584 ] }, { "date": "2025-05-16", "close": 52.61845, "volume": 66259, "typical_volume": 174036.7, "trend": 49.474348, "fair_value": 46.770348, "relative_strength": 1.233157, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 73.262702, "energy": 60.501284, "activity_lines": [ 51.209129, 50.096929, 49.824012, 49.597337 ] }, { "date": "2025-05-23", "close": 52.490477, "volume": 21958, "typical_volume": 153720.2, "trend": 49.528797, "fair_value": 46.823807, "relative_strength": 3.65619, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 70.396668, "energy": 74.826257, "activity_lines": [ 51.883885, 50.594627, 50.110655, 49.791926 ] }, { "date": "2025-05-30", "close": 51.85863, "volume": 172558, "typical_volume": 155274.1, "trend": 49.580803, "fair_value": 46.870426, "relative_strength": 0.668669, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 63.879309, "energy": 74.607364, "activity_lines": [ 52.041991, 50.940714, 50.31758, 49.942238 ] }, { "date": "2025-06-06", "close": 53.567918, "volume": 24267, "typical_volume": 155080.45, "trend": 49.684307, "fair_value": 46.931871, "relative_strength": 2.306585, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 78.974159, "energy": 82.125163, "activity_lines": [ 52.607642, 51.57815, 50.664828, 50.199471 ] }, { "date": "2025-06-13", "close": 53.690987, "volume": 238896, "typical_volume": 165582.8, "trend": 49.852617, "fair_value": 46.993317, "relative_strength": 2.901173, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 75.091912, "energy": 80.540231, "activity_lines": [ 53.060127, 52.170632, 50.99827, 50.457967 ] }, { "date": "2025-06-20", "close": 53.352713, "volume": 5481, "typical_volume": 158678.55, "trend": 49.997504, "fair_value": 47.050609, "relative_strength": 2.42195, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.977728, "energy": 72.239515, "activity_lines": [ 53.229267, 52.570537, 51.277533, 50.68378 ] }, { "date": "2025-06-27", "close": 55.21914, "volume": 151451, "typical_volume": 164655.25, "trend": 50.206749, "fair_value": 47.123542, "relative_strength": 2.455883, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 82.832837, "energy": 82.468642, "activity_lines": [ 53.971599, 53.205076, 51.713082, 51.020659 ] }, { "date": "2025-07-04", "close": 55.820707, "volume": 334167, "typical_volume": 180857.75, "trend": 50.416544, "fair_value": 47.200508, "relative_strength": 1.871566, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 84.204918, "energy": 91.399943, "activity_lines": [ 54.732542, 53.815915, 52.17758, 51.38285 ] }, { "date": "2025-07-11", "close": 55.348869, "volume": 25655, "typical_volume": 179173.85, "trend": 50.605264, "fair_value": 47.271985, "relative_strength": 1.343375, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 74.82643, "energy": 89.504906, "activity_lines": [ 55.072067, 54.224686, 52.571647, 51.701065 ] }, { "date": "2025-07-18", "close": 56.261158, "volume": 70871, "typical_volume": 164099.05, "trend": 50.85924, "fair_value": 47.350152, "relative_strength": 2.363363, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 81.75464, "energy": 92.32333, "activity_lines": [ 55.596959, 54.724895, 53.032233, 52.065961 ] }, { "date": "2025-07-25", "close": 56.863675, "volume": 12364, "typical_volume": 154979.15, "trend": 51.13629, "fair_value": 47.432165, "relative_strength": 1.926922, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 83.267163, "energy": 93.040143, "activity_lines": [ 56.151345, 55.241398, 53.515956, 52.453344 ] }, { "date": "2025-08-01", "close": 55.481832, "volume": 62756, "typical_volume": 148819.45, "trend": 51.372804, "fair_value": 47.500966, "relative_strength": 1.935376, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.615147, "energy": 82.569678, "activity_lines": [ 56.011052, 55.429472, 53.838008, 52.733701 ] }, { "date": "2025-08-08", "close": 56.825537, "volume": 7898, "typical_volume": 139019.1, "trend": 51.695625, "fair_value": 47.579987, "relative_strength": 1.914208, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 78.120139, "energy": 70.211381, "activity_lines": [ 56.301148, 55.807467, 54.264168, 53.085491 ] }, { "date": "2025-08-15", "close": 57.440038, "volume": 13047, "typical_volume": 122947.8, "trend": 52.003388, "fair_value": 47.662845, "relative_strength": 2.034695, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 81.605185, "energy": 72.259916, "activity_lines": [ 56.729089, 56.206883, 54.720111, 53.456098 ] }, { "date": "2025-08-22", "close": 57.984634, "volume": 8369, "typical_volume": 99236.4, "trend": 52.30024, "fair_value": 47.74886, "relative_strength": 2.698308, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 82.052679, "energy": 70.984191, "activity_lines": [ 57.199151, 56.634913, 55.191848, 53.841985 ] }, { "date": "2025-08-29", "close": 57.14168, "volume": 54029, "typical_volume": 100809.7, "trend": 52.576829, "fair_value": 47.826487, "relative_strength": 1.242661, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.905216, "energy": 65.564161, "activity_lines": [ 57.27333, 56.831613, 55.528529, 54.154336 ] }, { "date": "2025-09-05", "close": 57.682757, "volume": 8099, "typical_volume": 87755.05, "trend": 52.857349, "fair_value": 47.907276, "relative_strength": 1.856793, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 69.686536, "energy": 66.936252, "activity_lines": [ 57.509335, 57.057801, 55.871272, 54.48375 ] }, { "date": "2025-09-12", "close": 59.629645, "volume": 5456809, "typical_volume": 360491.05, "trend": 53.16277, "fair_value": 48.002579, "relative_strength": 3.600392, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 89.442542, "energy": 74.063517, "activity_lines": [ 58.247573, 57.593174, 56.352848, 54.920673 ] }, { "date": "2025-09-19", "close": 60.43912, "volume": 74996, "typical_volume": 351809.05, "trend": 53.475007, "fair_value": 48.102874, "relative_strength": 3.667326, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 89.492822, "energy": 82.252231, "activity_lines": [ 59.068696, 58.206472, 56.862926, 55.390115 ] }, { "date": "2025-09-26", "close": 60.013185, "volume": 166321, "typical_volume": 348812.55, "trend": 53.839792, "fair_value": 48.198157, "relative_strength": 3.290292, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 77.754541, "energy": 89.231019, "activity_lines": [ 59.547902, 58.649777, 57.288705, 55.811933 ] }, { "date": "2025-10-03", "close": 61.772201, "volume": 437937, "typical_volume": 367396.45, "trend": 54.213874, "fair_value": 48.305887, "relative_strength": 5.173929, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 89.205859, "energy": 93.84143, "activity_lines": [ 60.47821, 59.344685, 57.839718, 56.323701 ] }, { "date": "2025-10-10", "close": 59.403641, "volume": 9638, "typical_volume": 366780.45, "trend": 54.511653, "fair_value": 48.393271, "relative_strength": 3.652412, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.605745, "energy": 66.934478, "activity_lines": [ 60.310297, 59.519699, 58.121566, 56.658525 ] }, { "date": "2025-10-17", "close": 61.91873, "volume": 28173, "typical_volume": 359561.2, "trend": 54.882614, "fair_value": 48.498939, "relative_strength": 6.107521, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 82.919998, "energy": 71.575553, "activity_lines": [ 60.86602, 60.080696, 58.610025, 57.136401 ] }, { "date": "2025-10-24", "close": 62.88749, "volume": 59610, "typical_volume": 361328.35, "trend": 55.316703, "fair_value": 48.610478, "relative_strength": 5.62962, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 86.046864, "energy": 73.252416, "activity_lines": [ 61.592059, 60.725228, 59.142843, 57.652844 ] }, { "date": "2025-10-31", "close": 63.172481, "volume": 213842, "typical_volume": 360075.65, "trend": 55.873052, "fair_value": 48.722493, "relative_strength": 5.280064, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 82.078731, "energy": 71.72745, "activity_lines": [ 62.249869, 61.322532, 59.658423, 58.159669 ] }, { "date": "2025-11-07", "close": 62.071884, "volume": 61691, "typical_volume": 362886.15, "trend": 56.355672, "fair_value": 48.824397, "relative_strength": 4.99201, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.252565, "energy": 66.422392, "activity_lines": [ 62.330194, 61.625404, 60.024035, 58.559593 ] }, { "date": "2025-11-14", "close": 62.534995, "volume": 262127, "typical_volume": 368419.95, "trend": 56.843507, "fair_value": 48.928265, "relative_strength": 5.41668, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.567235, "energy": 65.204909, "activity_lines": [ 62.544911, 61.922837, 60.392232, 58.958259 ] }, { "date": "2025-11-21", "close": 60.498573, "volume": 50631, "typical_volume": 354243.15, "trend": 57.212614, "fair_value": 49.01526, "relative_strength": 3.787693, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.115892, "energy": 53.586931, "activity_lines": [ 61.872063, 61.761789, 60.531647, 59.19407 ] }, { "date": "2025-11-28", "close": 61.953009, "volume": 385568, "typical_volume": 372238.8, "trend": 57.569212, "fair_value": 49.11181, "relative_strength": 2.306393, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 50.193653, "energy": 41.741314, "activity_lines": [ 61.778705, 61.849385, 60.787305, 59.499902 ] }, { "date": "2025-12-05", "close": 62.874815, "volume": 387011, "typical_volume": 388045.8, "trend": 57.960632, "fair_value": 49.213758, "relative_strength": 3.273595, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 59.337537, "energy": 43.667857, "activity_lines": [ 62.054914, 62.077057, 61.099305, 59.842199 ] }, { "date": "2025-12-12", "close": 62.392499, "volume": 26738, "typical_volume": 388764.5, "trend": 58.286434, "fair_value": 49.310661, "relative_strength": 2.887483, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 59.297185, "energy": 41.751279, "activity_lines": [ 62.190195, 62.165005, 61.333877, 60.128126 ] }, { "date": "2025-12-19", "close": 62.696413, "volume": 30389, "typical_volume": 387146.15, "trend": 58.626632, "fair_value": 49.408367, "relative_strength": 3.066777, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.099057, "energy": 48.085437, "activity_lines": [ 62.405406, 62.296933, 61.571065, 60.412641 ] }, { "date": "2025-12-26", "close": 63.805395, "volume": 229442, "typical_volume": 398223.35, "trend": 59.024857, "fair_value": 49.512694, "relative_strength": 3.193649, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 74.664075, "energy": 55.754873, "activity_lines": [ 62.979518, 62.570625, 61.879515, 60.746754 ] }, { "date": "2026-01-02", "close": 65.169675, "volume": 126140, "typical_volume": 403878.0, "trend": 59.411583, "fair_value": 49.625334, "relative_strength": 6.212189, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 83.987016, "energy": 75.605245, "activity_lines": [ 63.787934, 63.058065, 62.28466, 61.143194 ] }, { "date": "2026-01-09", "close": 66.232024, "volume": 25197, "typical_volume": 404719.4, "trend": 59.829617, "fair_value": 49.743953, "relative_strength": 5.947445, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 88.194779, "energy": 90.817686, "activity_lines": [ 64.736022, 63.697165, 62.754172, 61.583223 ] }, { "date": "2026-01-16", "close": 67.049116, "volume": 17482, "typical_volume": 402892.05, "trend": 60.286164, "fair_value": 49.866685, "relative_strength": 7.277212, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 88.478916, "energy": 94.78388, "activity_lines": [ 65.73266, 64.429199, 63.26223, 62.048997 ] }, { "date": "2026-01-23", "close": 68.248961, "volume": 53032, "typical_volume": 405138.7, "trend": 60.720491, "fair_value": 49.996137, "relative_strength": 9.178788, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 89.041158, "energy": 95.362963, "activity_lines": [ 66.818806, 65.288892, 63.83738, 62.562726 ] }, { "date": "2026-01-30", "close": 67.999513, "volume": 885666, "typical_volume": 176581.55, "trend": 61.126452, "fair_value": 50.122035, "relative_strength": 7.979054, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 77.558143, "energy": 90.928268, "activity_lines": [ 67.451632, 65.99934, 64.338458, 63.03234 ] }, { "date": "2026-02-06", "close": 69.255533, "volume": 96607, "typical_volume": 177662.1, "trend": 61.590007, "fair_value": 50.254906, "relative_strength": 9.786857, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 84.117717, "energy": 92.627049, "activity_lines": [ 68.223524, 66.801775, 64.919301, 63.556797 ] }, { "date": "2026-02-13", "close": 70.474435, "volume": 223503, "typical_volume": 180521.2, "trend": 62.063783, "fair_value": 50.394351, "relative_strength": 12.706842, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 86.869947, "energy": 88.43047, "activity_lines": [ 69.129326, 67.693055, 65.574247, 64.129986 ] }, { "date": "2026-02-20", "close": 71.850989, "volume": 109440, "typical_volume": 164096.35, "trend": 62.56336, "fair_value": 50.541315, "relative_strength": 13.198848, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 89.824504, "energy": 91.415034, "activity_lines": [ 70.211151, 68.696442, 66.310477, 64.761418 ] }, { "date": "2026-02-27", "close": 72.025603, "volume": 703138, "typical_volume": 198771.35, "trend": 63.114819, "fair_value": 50.687466, "relative_strength": 13.534425, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 83.089472, "energy": 90.705355, "activity_lines": [ 71.031057, 69.559606, 67.015343, 65.371886 ] }, { "date": "2026-03-06", "close": 66.327912, "volume": 177169, "typical_volume": 206221.15, "trend": 63.431565, "fair_value": 50.793145, "relative_strength": 6.451464, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.199477, "energy": 62.039331, "activity_lines": [ 69.699956, 69.217203, 67.117467, 65.579182 ] }, { "date": "2026-03-13", "close": 65.919815, "volume": 98995, "typical_volume": 208190.4, "trend": 63.714224, "fair_value": 50.894666, "relative_strength": 7.212348, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 49.413324, "energy": 40.338103, "activity_lines": [ 68.344263, 68.754738, 67.159729, 65.739714 ] }, { "date": "2026-03-20", "close": 64.714283, "volume": 21725, "typical_volume": 198584.55, "trend": 63.938546, "fair_value": 50.986797, "relative_strength": 6.989141, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 22.843175, "energy": 22.83349, "activity_lines": [ 66.809107, 68.059445, 67.072739, 65.804234 ] }, { "date": "2026-03-27", "close": 64.1448, "volume": 15865, "typical_volume": 196293.25, "trend": 64.171983, "fair_value": 51.073936, "relative_strength": 8.237413, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 6.804542, "energy": 26.254005, "activity_lines": [ 65.468134, 67.288206, 66.92417, 65.817541 ] }, { "date": "2026-04-03", "close": 65.6296, "volume": 482041, "typical_volume": 207288.95, "trend": 64.436878, "fair_value": 51.169697, "relative_strength": 6.917348, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 6.176038, "energy": 23.990559, "activity_lines": [ 65.135839, 66.839736, 66.90714, 65.911581 ] }, { "date": "2026-04-10", "close": 70.2375, "volume": 111369, "typical_volume": 210325.85, "trend": 64.790473, "fair_value": 51.294323, "relative_strength": 10.145645, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 34.992249, "energy": 21.172553, "activity_lines": [ 66.765912, 67.276691, 67.314221, 66.285814 ] }, { "date": "2026-04-17", "close": 73.653, "volume": 14733, "typical_volume": 191784.1, "trend": 65.230936, "fair_value": 51.439509, "relative_strength": 10.247968, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 72.360513, "energy": 42.611988, "activity_lines": [ 69.273846, 68.293955, 68.000212, 66.85759 ] }, { "date": "2026-04-24", "close": 73.323602, "volume": 10427, "typical_volume": 172954.9, "trend": 65.674616, "fair_value": 51.580697, "relative_strength": 8.90551, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 71.867843, "energy": 71.029022, "activity_lines": [ 71.156434, 69.171375, 68.599117, 67.379698 ] }, { "date": "2026-05-01", "close": 73.268422, "volume": 855092, "typical_volume": 214372.6, "trend": 66.057824, "fair_value": 51.719721, "relative_strength": 7.586571, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 68.463672, "energy": 78.289666, "activity_lines": [ 72.446675, 69.986959, 69.143012, 67.869621 ] }, { "date": "2026-05-08", "close": 77.788803, "volume": 93018, "typical_volume": 217504.05, "trend": 66.670662, "fair_value": 51.946898, "relative_strength": 11.283513, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 85.75632, "energy": 88.983235, "activity_lines": [ 74.635467, 71.598659, 70.065628, 68.626458 ] }, { "date": "2026-05-15", "close": 74.523542, "volume": 28100, "typical_volume": 207436.95, "trend": 67.090823, "fair_value": 52.150324, "relative_strength": 6.146363, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.651167, "energy": 79.019124, "activity_lines": [ 74.925226, 72.511889, 70.605399, 69.133096 ] }, { "date": "2026-05-22", "close": 75.427101, "volume": 18179, "typical_volume": 202038.9, "trend": 67.50881, "fair_value": 52.359168, "relative_strength": 6.297142, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.399441, "energy": 71.605708, "activity_lines": [ 75.230435, 73.440392, 71.180184, 69.67092 ] }, { "date": "2026-05-29", "close": 78.554362, "volume": 481413, "typical_volume": 224849.7, "trend": 68.021539, "fair_value": 52.584807, "relative_strength": 8.791582, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 78.77635, "energy": 71.985531, "activity_lines": [ 76.459791, 74.764628, 72.003959, 70.383536 ] }, { "date": "2026-06-05", "close": 74.152992, "volume": 14641, "typical_volume": 224707.65, "trend": 68.424243, "fair_value": 52.778537, "relative_strength": 5.117805, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 61.326695, "energy": 49.737149, "activity_lines": [ 75.873307, 75.036977, 72.349878, 70.779114 ] }, { "date": "2026-06-12", "close": 77.754204, "volume": 196228, "typical_volume": 231867.45, "trend": 68.93155, "fair_value": 52.989032, "relative_strength": 9.294143, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 69.810826, "energy": 52.600608, "activity_lines": [ 76.428255, 75.782124, 73.004941, 71.381047 ] }, { "date": "2026-06-19", "close": 81.496199, "volume": 173021, "typical_volume": 196235.2, "trend": 69.631471, "fair_value": 53.23413, "relative_strength": 13.083828, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 81.839467, "energy": 64.485567, "activity_lines": [ 78.232841, 76.987187, 73.971122, 72.191669 ] }, { "date": "2026-06-26", "close": 77.41, "volume": 300911, "typical_volume": 206450.4, "trend": 70.146704, "fair_value": 53.449868, "relative_strength": 9.692724, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 61.143277, "energy": 49.591967, "activity_lines": [ 78.210517, 77.244601, 74.483871, 72.69351 ] }, { "date": "2026-07-03", "close": 75.7075, "volume": 301803, "typical_volume": 210365.4, "trend": 70.57446, "fair_value": 53.655844, "relative_strength": 4.768527, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 58.438377, "energy": 45.302603, "activity_lines": [ 77.4885, 77.124161, 74.795646, 73.052271 ] }, { "date": "2026-07-10", "close": 77.3731, "volume": 117192, "typical_volume": 210753.0, "trend": 71.073813, "fair_value": 53.862274, "relative_strength": 5.364763, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 55.939028, "energy": 42.244303, "activity_lines": [ 77.511473, 77.263213, 75.241131, 73.490893 ] }, { "date": "2026-07-17", "close": 73.3719, "volume": 45116, "typical_volume": 177851.9, "trend": 71.429663, "fair_value": 54.046657, "relative_strength": 1.321682, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 34.520088, "energy": 19.224069, "activity_lines": [ 75.98604, 76.600144, 75.279253, 73.639157 ] }, { "date": "2026-07-24", "close": 73.42, "volume": 41949, "typical_volume": 171090.9, "trend": 71.75015, "fair_value": 54.220469, "relative_strength": 1.803082, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 24.829923, "energy": 19.277826, "activity_lines": [ 74.768793, 76.026127, 75.315545, 73.767565 ] }, { "date": "2026-07-31", "close": 73.98, "volume": 556088, "typical_volume": 193945.55, "trend": 72.043827, "fair_value": 54.406851, "relative_strength": 1.291544, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 22.669922, "energy": 17.661755, "activity_lines": [ 74.276627, 75.573994, 75.371399, 73.911427 ] }, { "date": "2026-08-07", "close": 75.48, "volume": 30529, "typical_volume": 194385.75, "trend": 72.352093, "fair_value": 54.609468, "relative_strength": -0.306276, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 12.425976, "energy": 14.861306, "activity_lines": [ 74.513127, 75.420898, 75.531728, 74.133115 ] } ], "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." } } }