{ "ticker": { "uuid": "c510fdbc-af3c-4b02-be55-0fd4e8b5e105", "symbol": "PBA", "name": "Pembina Pipeline Corp", "exchange": "NYSE", "country": "US", "assetType": "equity" }, "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": 96.0, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Re-accelerating", "architecture_gate": "up", "architecture_direction": 58.261, "architecture_energy": 55.423, "architecture_maturity": 10.046, "architecture_confidence": 81.34, "architecture_tenure": "New", "architecture": { "interpretation": { "headline": "The weekly architecture is expanding upward.", "body": "Trend and Activity show sustained positive alignment with constructive price acceptance. Directional energy remains positive; cooling within this regime can indicate that it is maturing." }, "scores": { "balance": 29.33, "rotation_up": 60.28, "upward_expansion": 80.88, "deceleration": 52.94, "rotation_down": 15.37, "downward_expansion": 9.88 }, "activity_lines": [ 49.164, 48.619032, 47.756916, 46.77567 ], "activity_state": "Moderate", "activity_direction": "Expanding", "rotation_direction": "Improving", "price_acceptance": 0.5 }, "latest_close": 47.5, "trend_reference": 45.213494, "distance_from_trend": 0.050571, "trend_direction": "Improving", "fair_value": 35.984173, "distance_from_fair_value": 0.320025, "fair_value_direction": "Weakening", "relative_strength": 1.620208, "relative_strength_direction": "Weakening", "price_momentum": 0.137994, "excess_performance": 0.012369, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.050571, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.08994, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.320025, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.00327, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.016202, "read": "Leading" }, { "label": "Relative strength direction", "positive": false, "value": -0.026939, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.137994, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 1.217372, "read": "Demand-led" } ], "volume": { "latest": 4820165, "relative_activity": 0.828253, "balance": 1.217372, "dry_up": 0.797398, "accumulation_observations": 3, "distribution_observations": 2 }, "risk": { "range_context": 0.050407, "annualized_volatility": 0.256663, "from_high_reference": -0.0791, "from_low_reference": 0.405615 }, "levels": { "trend_reference": 45.213494, "fair_value_reference": 35.984173, "structural_low": 41.097336, "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 29, "median_return": 0.016741, "positive_rate": 0.655172, "directional_follow_through": 0.655172, "median_excess_return": 0.007466, "regime_survival": 0.758621, "best_return": 0.144631, "worst_return": -0.110821, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 10, "median_return": 0.050495, "positive_rate": 0.6, "directional_follow_through": 0.6, "median_excess_return": -0.013036, "regime_survival": 0.3, "best_return": 0.223283, "worst_return": -0.069222, "sufficient": true }, { "horizon": "Extended", "sample_count": 5, "median_return": 0.138605, "positive_rate": 1.0, "directional_follow_through": 1.0, "median_excess_return": 0.074873, "regime_survival": 0.4, "best_return": 0.206765, "worst_return": 0.00698, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 2, "median_return": 0.276446, "positive_rate": 1.0, "directional_follow_through": 1.0, "median_excess_return": 0.161032, "regime_survival": 0.0, "best_return": 0.370656, "worst_return": 0.182235, "sufficient": false } ], "ledger": [ { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-02-16", "end": "2024-03-01", "tenure": "New", "return": 0.029386, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-03-08", "end": "2024-11-15", "tenure": "Extended", "return": 0.221853, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-11-22", "end": "2024-12-20", "tenure": "Developing", "return": -0.140868, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2024-12-27", "end": "2025-01-31", "tenure": "Developing", "return": -0.012309, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-02-07", "end": "2025-03-21", "tenure": "Developing", "return": 0.094007, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-03-28", "end": "2025-04-04", "tenure": "New", "return": -0.069371, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-04-11", "end": "2025-09-12", "tenure": "Established", "return": 0.095096, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-09-19", "end": "2025-10-24", "tenure": "Developing", "return": -0.049, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-10-31", "end": "2026-01-23", "tenure": "Established", "return": 0.085442, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-01-30", "end": "2026-04-24", "tenure": "Established", "return": 0.05518, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-05-01", "end": "2026-05-08", "tenure": "New", "return": -0.016139, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-05-15", "end": "2026-07-03", "tenure": "Developing", "return": -0.041625, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-07-10", "end": "2026-07-17", "tenure": "New", "return": 0.078654, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-07-24", "end": "2026-08-07", "tenure": "New", "return": -0.075336, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 26.145509, "volume": 3599488, "typical_volume": 3450963.8, "trend": 27.059775, "fair_value": 25.057997, "relative_strength": -12.147524, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -38.895571, "energy": 17.450805, "activity_lines": [ 26.486265, 26.46682, 26.54269, 26.705763 ] }, { "date": "2023-08-25", "close": 25.923648, "volume": 5113366, "typical_volume": 3584095.75, "trend": 26.942294, "fair_value": 25.108789, "relative_strength": -13.177232, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -52.770237, "energy": 27.071151, "activity_lines": [ 26.271799, 26.373421, 26.462018, 26.632465 ] }, { "date": "2023-09-01", "close": 26.66603, "volume": 3542684, "typical_volume": 3635802.25, "trend": 26.875485, "fair_value": 25.167809, "relative_strength": -12.531312, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -40.267192, "energy": 19.7783, "activity_lines": [ 26.36737, 26.428188, 26.459953, 26.614641 ] }, { "date": "2023-09-08", "close": 26.128443, "volume": 4479926, "typical_volume": 3690116.4, "trend": 26.783309, "fair_value": 25.226897, "relative_strength": -12.850478, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -48.428605, "energy": 28.299564, "activity_lines": [ 26.282608, 26.368301, 26.415177, 26.566445 ] }, { "date": "2023-09-15", "close": 26.872843, "volume": 4709822, "typical_volume": 3781514.15, "trend": 26.742425, "fair_value": 25.293951, "relative_strength": -9.894829, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -12.915882, "energy": 7.551144, "activity_lines": [ 26.457925, 26.456482, 26.447625, 26.572221 ] }, { "date": "2023-09-22", "close": 26.292043, "volume": 4011264, "typical_volume": 3765449.05, "trend": 26.705072, "fair_value": 25.363167, "relative_strength": -8.946718, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -33.322559, "energy": 13.362969, "activity_lines": [ 26.439508, 26.423666, 26.428463, 26.543165 ] }, { "date": "2023-09-29", "close": 26.057989, "volume": 6433311, "typical_volume": 3888982.3, "trend": 26.630131, "fair_value": 25.431619, "relative_strength": -8.888424, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -48.216826, "energy": 20.591551, "activity_lines": [ 26.333304, 26.348424, 26.391921, 26.501417 ] }, { "date": "2023-10-06", "close": 25.165117, "volume": 6856929, "typical_volume": 4043670.4, "trend": 26.56404, "fair_value": 25.490622, "relative_strength": -12.082429, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.870434, "energy": 40.279062, "activity_lines": [ 25.92052, 26.125464, 26.275169, 26.4069 ] }, { "date": "2023-10-13", "close": 26.422072, "volume": 3307840, "typical_volume": 4030929.85, "trend": 26.593339, "fair_value": 25.560212, "relative_strength": -7.861218, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -45.672996, "energy": 35.279221, "activity_lines": [ 26.026782, 26.158021, 26.282725, 26.397741 ] }, { "date": "2023-10-20", "close": 26.482753, "volume": 4782310, "typical_volume": 4100716.9, "trend": 26.621022, "fair_value": 25.629372, "relative_strength": -5.144674, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -39.586929, "energy": 27.035313, "activity_lines": [ 26.133695, 26.19953, 26.293355, 26.390606 ] }, { "date": "2023-10-27", "close": 26.378729, "volume": 5381698, "typical_volume": 4224008.75, "trend": 26.593458, "fair_value": 25.701524, "relative_strength": -2.94394, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -30.266682, "energy": 15.034176, "activity_lines": [ 26.23194, 26.229182, 26.29608, 26.374975 ] }, { "date": "2023-11-03", "close": 27.878407, "volume": 6291793, "typical_volume": 4263645.1, "trend": 26.603287, "fair_value": 25.785142, "relative_strength": -2.773013, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 30.681604, "energy": 23.797785, "activity_lines": [ 26.824298, 26.527262, 26.442771, 26.457875 ] }, { "date": "2023-11-10", "close": 27.609679, "volume": 6056234, "typical_volume": 4412346.1, "trend": 26.57533, "fair_value": 25.857589, "relative_strength": -4.709239, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 36.708799, "energy": 43.732735, "activity_lines": [ 27.205719, 26.740942, 26.558014, 26.522803 ] }, { "date": "2023-11-17", "close": 28.112461, "volume": 4063704, "typical_volume": 4460236.2, "trend": 26.59716, "fair_value": 25.925385, "relative_strength": -4.841708, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 73.314004, "energy": 69.509696, "activity_lines": [ 27.591764, 27.028879, 26.712218, 26.621973 ] }, { "date": "2023-11-24", "close": 28.684592, "volume": 3121627, "typical_volume": 4496788.9, "trend": 26.631623, "fair_value": 25.987545, "relative_strength": -3.566513, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 78.7843, "energy": 78.91581, "activity_lines": [ 28.055826, 27.384766, 26.914796, 26.756646 ] }, { "date": "2023-12-01", "close": 29.334742, "volume": 5784508, "typical_volume": 4605035.85, "trend": 26.698674, "fair_value": 26.051635, "relative_strength": -1.907702, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 82.31024, "energy": 83.820907, "activity_lines": [ 28.589815, 27.825922, 27.166632, 26.931041 ] }, { "date": "2023-12-08", "close": 28.996664, "volume": 5270617, "typical_volume": 4706485.0, "trend": 26.762852, "fair_value": 26.111229, "relative_strength": -3.028647, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 71.561963, "energy": 81.212307, "activity_lines": [ 28.814044, 28.150288, 27.371816, 27.079298 ] }, { "date": "2023-12-15", "close": 29.108596, "volume": 9587834, "typical_volume": 5002147.0, "trend": 26.862109, "fair_value": 26.180953, "relative_strength": -4.660952, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 69.594368, "energy": 78.893147, "activity_lines": [ 29.001034, 28.441574, 27.577495, 27.230636 ] }, { "date": "2023-12-22", "close": 30.208195, "volume": 6977079, "typical_volume": 5132914.85, "trend": 27.007256, "fair_value": 26.262432, "relative_strength": -1.656936, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 83.088845, "energy": 84.684643, "activity_lines": [ 29.454628, 28.861088, 27.876187, 27.446513 ] }, { "date": "2023-12-29", "close": 30.278569, "volume": 4022111, "typical_volume": 5169707.25, "trend": 27.119763, "fair_value": 26.345508, "relative_strength": -1.454273, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 78.378769, "energy": 81.317491, "activity_lines": [ 29.791966, 29.224558, 28.163006, 27.657565 ] }, { "date": "2024-01-05", "close": 30.243382, "volume": 4710604, "typical_volume": 5225263.05, "trend": 27.240612, "fair_value": 26.414469, "relative_strength": 0.26163, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 73.962967, "energy": 83.813164, "activity_lines": [ 30.011308, 29.512616, 28.430247, 27.859089 ] }, { "date": "2024-01-12", "close": 30.322553, "volume": 4937592, "typical_volume": 5216474.35, "trend": 27.363065, "fair_value": 26.480372, "relative_strength": -0.958532, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 71.735323, "energy": 84.972454, "activity_lines": [ 30.196466, 29.744802, 28.685514, 28.057924 ] }, { "date": "2024-01-19", "close": 29.697981, "volume": 3505688, "typical_volume": 5214624.55, "trend": 27.495134, "fair_value": 26.539663, "relative_strength": -3.718429, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.591302, "energy": 64.75028, "activity_lines": [ 30.08504, 29.818991, 28.860351, 28.208564 ] }, { "date": "2024-01-26", "close": 30.507286, "volume": 3960951, "typical_volume": 5188675.8, "trend": 27.617772, "fair_value": 26.61108, "relative_strength": -1.776955, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 71.776933, "energy": 59.091956, "activity_lines": [ 30.20409, 30.002357, 29.097826, 28.402896 ] }, { "date": "2024-02-02", "close": 30.032259, "volume": 5267614, "typical_volume": 5216565.4, "trend": 27.751312, "fair_value": 26.673126, "relative_strength": -4.379802, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.027968, "energy": 53.060503, "activity_lines": [ 30.144858, 30.055812, 29.26921, 28.558669 ] }, { "date": "2024-02-09", "close": 29.530842, "volume": 4410985, "typical_volume": 5236551.45, "trend": 27.859037, "fair_value": 26.73144, "relative_strength": -6.895665, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 48.201365, "energy": 40.173938, "activity_lines": [ 29.934908, 29.993597, 29.377795, 28.673478 ] }, { "date": "2024-02-16", "close": 29.935494, "volume": 4465678, "typical_volume": 5138169.8, "trend": 27.961477, "fair_value": 26.794802, "relative_strength": -5.008364, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 45.602686, "energy": 37.06222, "activity_lines": [ 29.907345, 30.00139, 29.509495, 28.807443 ] }, { "date": "2024-02-23", "close": 30.516083, "volume": 4778783, "typical_volume": 5034262.5, "trend": 28.090381, "fair_value": 26.869859, "relative_strength": -4.461328, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 64.361292, "energy": 42.02552, "activity_lines": [ 30.099115, 30.097675, 29.678025, 28.972256 ] }, { "date": "2024-03-01", "close": 30.815174, "volume": 7209769, "typical_volume": 5229358.95, "trend": 28.240632, "fair_value": 26.931592, "relative_strength": -4.14259, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 68.760484, "energy": 47.130524, "activity_lines": [ 30.336042, 30.22275, 29.849559, 29.148049 ] }, { "date": "2024-03-08", "close": 31.21103, "volume": 6001737, "typical_volume": 5290330.3, "trend": 28.385306, "fair_value": 26.985986, "relative_strength": -2.384375, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 71.981436, "energy": 54.10316, "activity_lines": [ 30.684395, 30.408762, 30.037874, 29.339688 ] }, { "date": "2024-03-15", "close": 31.215313, "volume": 3938342, "typical_volume": 5218162.5, "trend": 28.554299, "fair_value": 27.044444, "relative_strength": -2.157829, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 69.18509, "energy": 67.517452, "activity_lines": [ 30.955591, 30.578599, 30.204081, 29.522269 ] }, { "date": "2024-03-22", "close": 31.001204, "volume": 4233528, "typical_volume": 5115249.25, "trend": 28.723551, "fair_value": 27.105284, "relative_strength": -4.766634, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 62.675994, "energy": 68.859329, "activity_lines": [ 31.04312, 30.691836, 30.326866, 29.680134 ] }, { "date": "2024-03-29", "close": 31.527555, "volume": 3555391, "typical_volume": 4990207.1, "trend": 28.885602, "fair_value": 27.167779, "relative_strength": -3.281242, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 71.98743, "energy": 69.286979, "activity_lines": [ 31.235051, 30.888434, 30.484908, 29.861037 ] }, { "date": "2024-04-05", "close": 31.973615, "volume": 7851470, "typical_volume": 5179595.4, "trend": 29.080441, "fair_value": 27.233372, "relative_strength": -0.829357, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 76.288714, "energy": 69.533726, "activity_lines": [ 31.508238, 31.132869, 30.666777, 30.060264 ] }, { "date": "2024-04-12", "close": 30.965519, "volume": 5318630, "typical_volume": 5289445.55, "trend": 29.216863, "fair_value": 27.290975, "relative_strength": -2.24803, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 60.186154, "energy": 47.976468, "activity_lines": [ 31.368163, 31.167353, 30.734249, 30.181882 ] }, { "date": "2024-04-19", "close": 31.117179, "volume": 5597279, "typical_volume": 5280084.1, "trend": 29.377701, "fair_value": 27.34817, "relative_strength": 1.492532, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 57.056192, "energy": 43.028317, "activity_lines": [ 31.295009, 31.212443, 30.805304, 30.304483 ] }, { "date": "2024-04-26", "close": 31.955773, "volume": 3500956, "typical_volume": 5191601.05, "trend": 29.574294, "fair_value": 27.404784, "relative_strength": 1.685801, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 68.383906, "energy": 47.211052, "activity_lines": [ 31.507928, 31.381162, 30.947737, 30.47081 ] }, { "date": "2024-05-03", "close": 31.679215, "volume": 4987280, "typical_volume": 4961573.35, "trend": 29.791431, "fair_value": 27.457272, "relative_strength": 0.371412, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 59.267995, "energy": 39.581629, "activity_lines": [ 31.565024, 31.462866, 31.049741, 30.606611 ] }, { "date": "2024-05-10", "close": 32.865736, "volume": 6184137, "typical_volume": 4921926.25, "trend": 30.006219, "fair_value": 27.514916, "relative_strength": 2.337135, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 77.473654, "energy": 52.686644, "activity_lines": [ 32.007516, 31.739153, 31.252505, 30.804954 ] }, { "date": "2024-05-17", "close": 32.954948, "volume": 3761890, "typical_volume": 4908915.2, "trend": 30.221959, "fair_value": 27.570759, "relative_strength": 0.980418, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 75.089486, "energy": 72.119613, "activity_lines": [ 32.42027, 31.994377, 31.451111, 30.995194 ] }, { "date": "2024-05-24", "close": 32.580258, "volume": 9171780, "typical_volume": 5131974.0, "trend": 30.428677, "fair_value": 27.623403, "relative_strength": -0.13737, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.957484, "energy": 66.936475, "activity_lines": [ 32.5755, 32.149769, 31.601287, 31.147343 ] }, { "date": "2024-05-31", "close": 33.124451, "volume": 4093344, "typical_volume": 5089761.6, "trend": 30.603545, "fair_value": 27.681903, "relative_strength": 1.960206, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 73.362376, "energy": 74.949348, "activity_lines": [ 32.814588, 32.379287, 31.792163, 31.321264 ] }, { "date": "2024-06-07", "close": 33.044161, "volume": 4294161, "typical_volume": 5129185.25, "trend": 30.784694, "fair_value": 27.734331, "relative_strength": 0.4778, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.685075, "energy": 67.895545, "activity_lines": [ 32.949001, 32.555603, 31.96205, 31.478723 ] }, { "date": "2024-06-14", "close": 33.053082, "volume": 6332510, "typical_volume": 5247763.2, "trend": 30.949382, "fair_value": 27.789619, "relative_strength": -1.106661, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.345687, "energy": 51.622993, "activity_lines": [ 32.995391, 32.705966, 32.116853, 31.62507 ] }, { "date": "2024-06-21", "close": 32.509575, "volume": 6718730, "typical_volume": 5320319.0, "trend": 31.076881, "fair_value": 27.839535, "relative_strength": -3.337845, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 60.370838, "energy": 44.892585, "activity_lines": [ 32.848123, 32.737882, 32.20777, 31.725728 ] }, { "date": "2024-06-28", "close": 33.540764, "volume": 9437162, "typical_volume": 5571627.85, "trend": 31.217082, "fair_value": 27.89815, "relative_strength": -0.22663, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 70.205964, "energy": 47.404506, "activity_lines": [ 33.074276, 32.929214, 32.385099, 31.884688 ] }, { "date": "2024-07-05", "close": 33.91163, "volume": 3217669, "typical_volume": 5509227.4, "trend": 31.380914, "fair_value": 27.959725, "relative_strength": -1.0482, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 72.570478, "energy": 50.043989, "activity_lines": [ 33.360017, 33.143912, 32.578654, 32.05853 ] }, { "date": "2024-07-12", "close": 34.164904, "volume": 5998264, "typical_volume": 5570201.45, "trend": 31.549458, "fair_value": 28.029288, "relative_strength": -1.312278, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 73.532629, "energy": 55.390608, "activity_lines": [ 33.677704, 33.369097, 32.777396, 32.238142 ] }, { "date": "2024-07-19", "close": 34.273451, "volume": 3712003, "typical_volume": 5395313.15, "trend": 31.684966, "fair_value": 28.095822, "relative_strength": 0.91624, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 72.040963, "energy": 73.230696, "activity_lines": [ 33.956858, 33.568825, 32.9691, 32.413884 ] }, { "date": "2024-07-26", "close": 34.635271, "volume": 4891377, "typical_volume": 5339795.15, "trend": 31.83019, "fair_value": 28.15642, "relative_strength": 2.69109, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 74.165857, "energy": 79.248777, "activity_lines": [ 34.27526, 33.808743, 33.178796, 32.604226 ] }, { "date": "2024-08-02", "close": 34.544816, "volume": 5771423, "typical_volume": 5431449.2, "trend": 31.973571, "fair_value": 28.221323, "relative_strength": 4.474911, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 69.729242, "energy": 76.569345, "activity_lines": [ 34.421797, 34.001663, 33.36357, 32.779363 ] }, { "date": "2024-08-09", "close": 34.997092, "volume": 6075658, "typical_volume": 5523555.7, "trend": 32.129389, "fair_value": 28.287709, "relative_strength": 5.676892, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 74.739872, "energy": 73.462898, "activity_lines": [ 34.652156, 34.241096, 33.575564, 32.974429 ] }, { "date": "2024-08-16", "close": 34.707635, "volume": 6410463, "typical_volume": 5666309.3, "trend": 32.296377, "fair_value": 28.363668, "relative_strength": 0.713495, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.157399, "energy": 56.919875, "activity_lines": [ 34.713666, 34.393852, 33.740963, 33.140767 ] }, { "date": "2024-08-23", "close": 36.019235, "volume": 5504109, "typical_volume": 5548941.25, "trend": 32.480109, "fair_value": 28.441802, "relative_strength": 2.927706, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 82.64296, "energy": 65.29629, "activity_lines": [ 35.176193, 34.754836, 34.016133, 33.380952 ] }, { "date": "2024-08-30", "close": 36.435328, "volume": 5325110, "typical_volume": 5549265.25, "trend": 32.693544, "fair_value": 28.522554, "relative_strength": 3.679717, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 82.947828, "energy": 78.755326, "activity_lines": [ 35.661032, 35.137544, 34.311665, 33.636127 ] }, { "date": "2024-09-06", "close": 36.598148, "volume": 8992337, "typical_volume": 5719018.15, "trend": 32.929121, "fair_value": 28.606609, "relative_strength": 8.361472, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 78.488226, "energy": 83.255346, "activity_lines": [ 36.080141, 35.478478, 34.596658, 33.888037 ] }, { "date": "2024-09-13", "close": 37.33988, "volume": 8717379, "typical_volume": 5979839.3, "trend": 33.175934, "fair_value": 28.691735, "relative_strength": 6.129017, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 82.750539, "energy": 90.473881, "activity_lines": [ 36.609605, 35.898683, 34.926192, 34.172602 ] }, { "date": "2024-09-20", "close": 37.173672, "volume": 8306980, "typical_volume": 6145824.3, "trend": 33.397854, "fair_value": 28.774844, "relative_strength": 4.064686, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 72.817922, "energy": 85.179702, "activity_lines": [ 36.927481, 36.226337, 35.214258, 34.430521 ] }, { "date": "2024-09-27", "close": 37.695697, "volume": 4368102, "typical_volume": 6055022.55, "trend": 33.627205, "fair_value": 28.858485, "relative_strength": 4.797483, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 78.628341, "energy": 84.982889, "activity_lines": [ 37.254962, 36.594199, 35.525876, 34.707801 ] }, { "date": "2024-10-04", "close": 39.078605, "volume": 5939990, "typical_volume": 6163927.55, "trend": 33.889457, "fair_value": 28.946598, "relative_strength": 8.06452, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 89.759699, "energy": 90.084015, "activity_lines": [ 37.931649, 37.151277, 35.946201, 35.059504 ] }, { "date": "2024-10-11", "close": 39.115238, "volume": 4992054, "typical_volume": 5954941.25, "trend": 34.152788, "fair_value": 29.027542, "relative_strength": 6.757586, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 82.789285, "energy": 87.142799, "activity_lines": [ 38.444328, 37.634227, 36.340854, 35.396651 ] }, { "date": "2024-10-18", "close": 39.426622, "volume": 3519662, "typical_volume": 5926257.15, "trend": 34.433635, "fair_value": 29.113395, "relative_strength": 6.564826, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 79.840347, "energy": 85.120076, "activity_lines": [ 38.892996, 38.090694, 36.734043, 35.736899 ] }, { "date": "2024-10-25", "close": 38.922913, "volume": 2368371, "typical_volume": 5829967.65, "trend": 34.680147, "fair_value": 29.198747, "relative_strength": 6.143448, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.594596, "energy": 71.48336, "activity_lines": [ 39.034645, 38.375041, 37.04925, 36.02653 ] }, { "date": "2024-11-01", "close": 38.098663, "volume": 3462932, "typical_volume": 5686488.75, "trend": 34.884315, "fair_value": 29.275243, "relative_strength": 5.296417, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.907341, "energy": 62.793544, "activity_lines": [ 38.784928, 38.432883, 37.257963, 36.247079 ] }, { "date": "2024-11-08", "close": 37.521688, "volume": 5230818, "typical_volume": 5612093.15, "trend": 35.102854, "fair_value": 29.351712, "relative_strength": -0.981277, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 50.748228, "energy": 46.452752, "activity_lines": [ 38.316021, 38.348012, 37.387699, 36.417232 ] }, { "date": "2024-11-15", "close": 38.135297, "volume": 4687409, "typical_volume": 5374605.5, "trend": 35.336792, "fair_value": 29.432958, "relative_strength": 2.716197, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 45.044574, "energy": 35.707693, "activity_lines": [ 38.155445, 38.354955, 37.552007, 36.612873 ] }, { "date": "2024-11-22", "close": 39.316722, "volume": 5060618, "typical_volume": 5466752.95, "trend": 35.582157, "fair_value": 29.533084, "relative_strength": 4.094315, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 58.563141, "energy": 39.428053, "activity_lines": [ 38.454007, 38.548754, 37.806953, 36.869643 ] }, { "date": "2024-11-29", "close": 37.888022, "volume": 5811749, "typical_volume": 5457427.2, "trend": 35.789117, "fair_value": 29.629637, "relative_strength": -0.803658, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 40.767015, "energy": 29.008104, "activity_lines": [ 38.283662, 38.446847, 37.900094, 37.018409 ] }, { "date": "2024-12-06", "close": 36.120464, "volume": 8124619, "typical_volume": 5678058.0, "trend": 35.897608, "fair_value": 29.713962, "relative_strength": -6.123443, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 16.961808, "energy": 12.241314, "activity_lines": [ 37.593124, 38.010577, 37.807167, 37.039786 ] }, { "date": "2024-12-13", "close": 35.122205, "volume": 6415643, "typical_volume": 5754271.3, "trend": 35.96985, "fair_value": 29.792087, "relative_strength": -8.048907, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -13.016442, "energy": 20.399056, "activity_lines": [ 36.701713, 37.421446, 37.610372, 36.98976 ] }, { "date": "2024-12-20", "close": 33.778257, "volume": 11031029, "typical_volume": 6017251.6, "trend": 36.009783, "fair_value": 29.858456, "relative_strength": -9.709159, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -44.470479, "energy": 46.30558, "activity_lines": [ 35.522284, 36.659896, 37.283263, 36.848367 ] }, { "date": "2024-12-27", "close": 33.917415, "volume": 6134876, "typical_volume": 6020212.5, "trend": 36.036215, "fair_value": 29.923794, "relative_strength": -9.719137, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -38.897524, "energy": 65.627389, "activity_lines": [ 34.679711, 36.020683, 36.973058, 36.713375 ] }, { "date": "2025-01-03", "close": 34.29778, "volume": 4317583, "typical_volume": 5915568.5, "trend": 36.078002, "fair_value": 29.986757, "relative_strength": -8.02405, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -30.967008, "energy": 68.110355, "activity_lines": [ 34.32388, 35.550795, 36.70422, 36.601218 ] }, { "date": "2025-01-10", "close": 33.648377, "volume": 5997386, "typical_volume": 5940232.35, "trend": 36.097846, "fair_value": 30.040894, "relative_strength": -7.802272, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -46.65128, "energy": 73.549904, "activity_lines": [ 33.990931, 35.046927, 36.375485, 36.444468 ] }, { "date": "2025-01-17", "close": 34.770917, "volume": 5205790, "typical_volume": 5934266.35, "trend": 36.173224, "fair_value": 30.108244, "relative_strength": -7.333202, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -37.735434, "energy": 57.401569, "activity_lines": [ 34.196968, 34.828072, 36.164948, 36.35886 ] }, { "date": "2025-01-24", "close": 34.427661, "volume": 4589814, "typical_volume": 5714140.2, "trend": 36.202787, "fair_value": 30.171885, "relative_strength": -9.628757, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -33.997932, "energy": 38.439331, "activity_lines": [ 34.312005, 34.59682, 35.929647, 36.246243 ] }, { "date": "2025-01-31", "close": 33.499942, "volume": 9038241, "typical_volume": 5730183.3, "trend": 36.189064, "fair_value": 30.224285, "relative_strength": -11.005167, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -69.808372, "energy": 50.497265, "activity_lines": [ 34.074509, 34.264303, 35.616326, 36.071866 ] }, { "date": "2025-02-07", "close": 34.019464, "volume": 11440787, "typical_volume": 5886873.65, "trend": 36.184216, "fair_value": 30.275881, "relative_strength": -9.382121, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -59.676209, "energy": 44.194538, "activity_lines": [ 34.038019, 34.132005, 35.37077, 35.931892 ] }, { "date": "2025-02-14", "close": 33.629822, "volume": 5757820, "typical_volume": 5956359.55, "trend": 36.162762, "fair_value": 30.324576, "relative_strength": -11.581309, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.361321, "energy": 47.441477, "activity_lines": [ 33.890202, 33.999201, 35.103125, 35.767092 ] }, { "date": "2025-02-21", "close": 33.564882, "volume": 7700492, "typical_volume": 6044384.65, "trend": 36.127082, "fair_value": 30.370542, "relative_strength": -10.180401, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.531994, "energy": 52.515783, "activity_lines": [ 33.721976, 33.899873, 34.848656, 35.599487 ] }, { "date": "2025-02-28", "close": 36.060447, "volume": 8848196, "typical_volume": 6237191.75, "trend": 36.177603, "fair_value": 30.417811, "relative_strength": -2.561801, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -34.431273, "energy": 24.503285, "activity_lines": [ 34.466007, 34.282599, 34.858116, 35.595188 ] }, { "date": "2025-03-07", "close": 35.12345, "volume": 8040331, "typical_volume": 6463225.2, "trend": 36.181815, "fair_value": 30.456793, "relative_strength": -2.060748, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -37.042472, "energy": 19.980724, "activity_lines": [ 34.788853, 34.453468, 34.792885, 35.527178 ] }, { "date": "2025-03-14", "close": 36.143941, "volume": 5470078, "typical_volume": 6618310.55, "trend": 36.229692, "fair_value": 30.503229, "relative_strength": 3.056027, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -15.666483, "energy": 18.686787, "activity_lines": [ 35.343629, 34.787953, 34.845334, 35.524735 ] }, { "date": "2025-03-21", "close": 37.217548, "volume": 7037204, "typical_volume": 6797024.15, "trend": 36.269636, "fair_value": 30.54814, "relative_strength": 5.392943, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": 13.164525, "energy": 28.612348, "activity_lines": [ 36.114642, 35.284073, 35.013265, 35.588467 ] }, { "date": "2025-03-28", "close": 37.499286, "volume": 6142900, "typical_volume": 6842628.25, "trend": 36.305101, "fair_value": 30.594907, "relative_strength": 7.567797, "stage": 2, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 33.674065, "energy": 45.842689, "activity_lines": [ 36.740386, 35.766523, 35.212225, 35.6678 ] }, { "date": "2025-04-04", "close": 34.897908, "volume": 4925806, "typical_volume": 6854548.1, "trend": 36.248426, "fair_value": 30.621436, "relative_strength": 9.864325, "stage": 2, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "down", "direction": -5.333257, "energy": 20.775243, "activity_lines": [ 36.236711, 35.72639, 35.16354, 35.577013 ] }, { "date": "2025-04-11", "close": 34.127825, "volume": 9311295, "typical_volume": 7067081.95, "trend": 36.141358, "fair_value": 30.638041, "relative_strength": 1.594296, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -23.460515, "energy": 15.261842, "activity_lines": [ 35.553843, 35.537691, 35.056931, 35.4402 ] }, { "date": "2025-04-18", "close": 35.667991, "volume": 3885699, "typical_volume": 6970779.45, "trend": 36.091168, "fair_value": 30.669776, "relative_strength": 7.562663, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -21.826843, "energy": 11.701245, "activity_lines": [ 35.45074, 35.617606, 35.121712, 35.40966 ] }, { "date": "2025-04-25", "close": 36.193901, "volume": 3094536, "typical_volume": 6719275.3, "trend": 36.041108, "fair_value": 30.708307, "relative_strength": 4.280157, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -18.209985, "energy": 14.641555, "activity_lines": [ 35.55467, 35.763168, 35.247153, 35.416288 ] }, { "date": "2025-05-02", "close": 36.701029, "volume": 3671090, "typical_volume": 6582047.65, "trend": 35.961856, "fair_value": 30.742268, "relative_strength": 2.670777, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -10.07763, "energy": 6.212856, "activity_lines": [ 35.895885, 35.954315, 35.420541, 35.458864 ] }, { "date": "2025-05-09", "close": 34.822778, "volume": 5706633, "typical_volume": 6315827.85, "trend": 35.818774, "fair_value": 30.770375, "relative_strength": -2.100289, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -20.991781, "energy": 11.505773, "activity_lines": [ 35.664234, 35.746942, 35.40753, 35.385375 ] }, { "date": "2025-05-16", "close": 35.320515, "volume": 4909215, "typical_volume": 6254544.8, "trend": 35.681904, "fair_value": 30.795946, "relative_strength": -5.587522, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -15.327221, "energy": 8.574783, "activity_lines": [ 35.603504, 35.652569, 35.436949, 35.353229 ] }, { "date": "2025-05-23", "close": 35.254776, "volume": 7305129, "typical_volume": 6403922.1, "trend": 35.559632, "fair_value": 30.814967, "relative_strength": -3.265124, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -18.347424, "energy": 8.299182, "activity_lines": [ 35.441349, 35.54266, 35.453425, 35.325672 ] }, { "date": "2025-05-30", "close": 35.198428, "volume": 9115886, "typical_volume": 6559847.1, "trend": 35.462958, "fair_value": 30.827724, "relative_strength": -4.991392, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -33.650717, "energy": 17.965978, "activity_lines": [ 35.287958, 35.438674, 35.459978, 35.302369 ] }, { "date": "2025-06-06", "close": 35.273558, "volume": 5045701, "typical_volume": 6551842.65, "trend": 35.38802, "fair_value": 30.84666, "relative_strength": -6.229244, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -15.656489, "energy": 10.633788, "activity_lines": [ 35.225976, 35.385058, 35.466305, 35.29015 ] }, { "date": "2025-06-13", "close": 36.118771, "volume": 6994240, "typical_volume": 6672063.95, "trend": 35.320803, "fair_value": 30.899607, "relative_strength": -3.603658, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 31.900184, "energy": 12.724404, "activity_lines": [ 35.540896, 35.525585, 35.550735, 35.337295 ] }, { "date": "2025-06-20", "close": 35.725981, "volume": 7916879, "typical_volume": 6615995.85, "trend": 35.201111, "fair_value": 30.951589, "relative_strength": -4.488954, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 29.230134, "energy": 15.749521, "activity_lines": [ 35.638486, 35.572499, 35.589703, 35.363435 ] }, { "date": "2025-06-27", "close": 35.430803, "volume": 10977166, "typical_volume": 6592814.8, "trend": 35.119204, "fair_value": 30.99554, "relative_strength": -8.322168, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 29.300672, "energy": 15.929543, "activity_lines": [ 35.610653, 35.536686, 35.589959, 35.378254 ] }, { "date": "2025-07-04", "close": 35.535544, "volume": 4252440, "typical_volume": 6517545.8, "trend": 35.099707, "fair_value": 31.039132, "relative_strength": -9.444128, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 31.032238, "energy": 15.998162, "activity_lines": [ 35.605998, 35.52423, 35.59347, 35.405115 ] }, { "date": "2025-07-11", "close": 35.097539, "volume": 4788205, "typical_volume": 6371931.45, "trend": 35.098885, "fair_value": 31.083836, "relative_strength": -10.162545, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 12.856157, "energy": 6.178448, "activity_lines": [ 35.432868, 35.444106, 35.546191, 35.404975 ] }, { "date": "2025-07-18", "close": 35.468891, "volume": 4259990, "typical_volume": 6142521.15, "trend": 35.155239, "fair_value": 31.125334, "relative_strength": -9.599266, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 17.576235, "energy": 9.231613, "activity_lines": [ 35.395255, 35.460656, 35.526981, 35.428846 ] }, { "date": "2025-07-25", "close": 35.011842, "volume": 5157872, "typical_volume": 5998398.2, "trend": 35.19172, "fair_value": 31.151933, "relative_strength": -11.841278, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 8.438944, "energy": 9.855593, "activity_lines": [ 35.248619, 35.382358, 35.467059, 35.419595 ] }, { "date": "2025-08-01", "close": 35.421281, "volume": 4181992, "typical_volume": 5933993.9, "trend": 35.22917, "fair_value": 31.195665, "relative_strength": -8.359235, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 11.968453, "energy": 9.051938, "activity_lines": [ 35.286071, 35.384115, 35.446662, 35.434405 ] }, { "date": "2025-08-08", "close": 33.802567, "volume": 6173812, "typical_volume": 5890824.3, "trend": 35.23431, "fair_value": 31.217621, "relative_strength": -14.313108, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -40.651859, "energy": 40.508175, "activity_lines": [ 34.784587, 35.088534, 35.275544, 35.342366 ] }, { "date": "2025-08-15", "close": 34.916623, "volume": 4834639, "typical_volume": 5825411.25, "trend": 35.239166, "fair_value": 31.247599, "relative_strength": -12.101003, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -22.879751, "energy": 34.330377, "activity_lines": [ 34.769987, 35.020888, 35.226788, 35.32187 ] }, { "date": "2025-08-22", "close": 36.259204, "volume": 8822814, "typical_volume": 6020261.65, "trend": 35.300218, "fair_value": 31.287386, "relative_strength": -8.738849, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 10.963797, "energy": 7.581197, "activity_lines": [ 35.214974, 35.203837, 35.318195, 35.387679 ] }, { "date": "2025-08-29", "close": 35.964027, "volume": 9836039, "typical_volume": 6046498.85, "trend": 35.382354, "fair_value": 31.333763, "relative_strength": -9.170462, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 9.325062, "energy": 5.60285, "activity_lines": [ 35.508882, 35.330564, 35.375008, 35.430506 ] }, { "date": "2025-09-05", "close": 36.163986, "volume": 3789015, "typical_volume": 6041664.65, "trend": 35.453838, "fair_value": 31.378663, "relative_strength": -8.610973, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 26.216949, "energy": 21.906213, "activity_lines": [ 35.805964, 35.489319, 35.442121, 35.480934 ] }, { "date": "2025-09-12", "close": 37.373261, "volume": 6481567, "typical_volume": 6211016.2, "trend": 35.578619, "fair_value": 31.43678, "relative_strength": -6.710446, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 71.7843, "energy": 57.46696, "activity_lines": [ 36.456624, 35.854612, 35.622041, 35.604767 ] }, { "date": "2025-09-19", "close": 38.593491, "volume": 6538364, "typical_volume": 6354379.9, "trend": 35.74624, "fair_value": 31.520665, "relative_strength": -4.598069, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 84.207367, "energy": 79.487008, "activity_lines": [ 37.275981, 36.408352, 35.912557, 35.799275 ] }, { "date": "2025-09-26", "close": 38.680327, "volume": 8062424, "typical_volume": 6472169.45, "trend": 35.833569, "fair_value": 31.609813, "relative_strength": -3.85955, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 81.747403, "energy": 84.350035, "activity_lines": [ 37.879159, 36.914317, 36.202331, 35.988571 ] }, { "date": "2025-10-03", "close": 40.610001, "volume": 12678509, "typical_volume": 6860634.15, "trend": 36.016454, "fair_value": 31.704324, "relative_strength": 0.086252, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 91.171185, "energy": 92.714736, "activity_lines": [ 38.964153, 37.712743, 36.657515, 36.296728 ] }, { "date": "2025-10-10", "close": 37.599709, "volume": 7647126, "typical_volume": 6877734.0, "trend": 36.06498, "fair_value": 31.786022, "relative_strength": -4.711143, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.455249, "energy": 76.886032, "activity_lines": [ 38.735985, 37.862058, 36.800817, 36.398873 ] }, { "date": "2025-10-17", "close": 36.567333, "volume": 4819038, "typical_volume": 6662891.6, "trend": 36.043306, "fair_value": 31.850905, "relative_strength": -8.528556, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 59.985131, "energy": 46.021329, "activity_lines": [ 38.067977, 37.78406, 36.83463, 36.431283 ] }, { "date": "2025-10-24", "close": 36.70241, "volume": 3892699, "typical_volume": 6605241.5, "trend": 36.016743, "fair_value": 31.914966, "relative_strength": -9.533823, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 43.600943, "energy": 29.563929, "activity_lines": [ 37.498723, 37.680354, 36.874789, 36.473806 ] }, { "date": "2025-10-31", "close": 36.499794, "volume": 6046350, "typical_volume": 6557847.0, "trend": 36.07014, "fair_value": 31.969844, "relative_strength": -10.26406, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 30.332914, "energy": 24.532554, "activity_lines": [ 36.988002, 37.507339, 36.888848, 36.504971 ] }, { "date": "2025-11-07", "close": 35.81476, "volume": 5837290, "typical_volume": 6453867.55, "trend": 36.126371, "fair_value": 32.015182, "relative_strength": -10.200204, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 12.192094, "energy": 21.825619, "activity_lines": [ 36.394305, 37.205398, 36.835851, 36.488495 ] }, { "date": "2025-11-14", "close": 37.3585, "volume": 10585716, "typical_volume": 6434295.05, "trend": 36.182721, "fair_value": 32.069784, "relative_strength": -6.150777, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 26.168969, "energy": 21.082415, "activity_lines": [ 36.634872, 37.186852, 36.929454, 36.567987 ] }, { "date": "2025-11-21", "close": 36.818191, "volume": 7275134, "typical_volume": 6585429.75, "trend": 36.203531, "fair_value": 32.118912, "relative_strength": -5.361126, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 23.957194, "energy": 16.885141, "activity_lines": [ 36.711416, 37.048348, 36.962419, 36.608985 ] }, { "date": "2025-11-28", "close": 37.619006, "volume": 6161475, "typical_volume": 6654093.25, "trend": 36.23413, "fair_value": 32.170269, "relative_strength": -6.487759, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 28.289628, "energy": 12.063809, "activity_lines": [ 37.038174, 37.06554, 37.065545, 36.700306 ] }, { "date": "2025-12-05", "close": 38.168963, "volume": 5671882, "typical_volume": 6724687.85, "trend": 36.345669, "fair_value": 32.237664, "relative_strength": -5.300294, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 45.806038, "energy": 27.866493, "activity_lines": [ 37.487145, 37.200442, 37.20904, 36.825134 ] }, { "date": "2025-12-12", "close": 37.908457, "volume": 6639999, "typical_volume": 6798794.2, "trend": 36.431934, "fair_value": 32.307067, "relative_strength": -5.304414, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 42.416479, "energy": 33.585737, "activity_lines": [ 37.738002, 37.297276, 37.314868, 36.925959 ] }, { "date": "2025-12-19", "close": 36.049609, "volume": 7710891, "typical_volume": 6975239.15, "trend": 36.458429, "fair_value": 32.358613, "relative_strength": -9.914051, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 22.505178, "energy": 15.000786, "activity_lines": [ 37.229664, 37.105258, 37.229869, 36.901293 ] }, { "date": "2025-12-26", "close": 37.105578, "volume": 4138025, "typical_volume": 6873449.8, "trend": 36.522, "fair_value": 32.416398, "relative_strength": -8.463552, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 31.665041, "energy": 15.618779, "activity_lines": [ 37.160575, 37.133417, 37.242447, 36.943044 ] }, { "date": "2026-01-02", "close": 37.711782, "volume": 4534837, "typical_volume": 6858459.7, "trend": 36.603274, "fair_value": 32.477115, "relative_strength": -5.890465, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 39.41322, "energy": 16.139307, "activity_lines": [ 37.274395, 37.262009, 37.29703, 37.019804 ] }, { "date": "2026-01-09", "close": 36.059386, "volume": 6985162, "typical_volume": 6766577.1, "trend": 36.601295, "fair_value": 32.517161, "relative_strength": -11.232475, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 1.981917, "energy": 9.310738, "activity_lines": [ 36.831231, 37.071813, 37.180932, 36.984715 ] }, { "date": "2026-01-16", "close": 38.063772, "volume": 6508299, "typical_volume": 6600190.1, "trend": 36.679221, "fair_value": 32.569473, "relative_strength": -5.853145, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 33.646669, "energy": 14.559144, "activity_lines": [ 37.196834, 37.254058, 37.256679, 37.079068 ] }, { "date": "2026-01-23", "close": 39.618393, "volume": 4700206, "typical_volume": 6645749.65, "trend": 36.818808, "fair_value": 32.634667, "relative_strength": -1.668667, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 68.183291, "energy": 50.892073, "activity_lines": [ 38.07029, 37.67807, 37.470486, 37.268692 ] }, { "date": "2026-01-30", "close": 40.654807, "volume": 7581777, "typical_volume": 6700760.15, "trend": 36.98945, "fair_value": 32.711491, "relative_strength": 0.423643, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 77.156895, "energy": 69.635891, "activity_lines": [ 39.051298, 38.249433, 37.76655, 37.516176 ] }, { "date": "2026-02-06", "close": 41.740108, "volume": 8085937, "typical_volume": 6778138.8, "trend": 37.210869, "fair_value": 32.793839, "relative_strength": 3.199223, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 83.426454, "energy": 83.383423, "activity_lines": [ 40.157458, 38.948366, 38.150349, 37.82267 ] }, { "date": "2026-02-13", "close": 43.431614, "volume": 7419814, "typical_volume": 6746008.3, "trend": 37.476293, "fair_value": 32.892123, "relative_strength": 8.49691, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 87.827539, "energy": 92.391232, "activity_lines": [ 41.558899, 39.879917, 38.680261, 38.224009 ] }, { "date": "2026-02-20", "close": 42.698302, "volume": 6474871, "typical_volume": 6435826.4, "trend": 37.732508, "fair_value": 32.990108, "relative_strength": 5.292979, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 75.620219, "energy": 89.47759, "activity_lines": [ 42.22442, 40.582453, 39.117708, 38.560912 ] }, { "date": "2026-02-27", "close": 43.011182, "volume": 10832130, "typical_volume": 6595076.6, "trend": 37.985505, "fair_value": 33.084371, "relative_strength": 6.551143, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 73.331908, "energy": 88.206359, "activity_lines": [ 42.685266, 41.254789, 39.575009, 38.901472 ] }, { "date": "2026-03-06", "close": 43.568499, "volume": 6900407, "typical_volume": 6699145.05, "trend": 38.311036, "fair_value": 33.189631, "relative_strength": 10.005156, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 75.073707, "energy": 87.556117, "activity_lines": [ 43.105698, 41.901881, 40.059618, 39.261665 ] }, { "date": "2026-03-13", "close": 43.646719, "volume": 5049118, "typical_volume": 6756966.0, "trend": 38.602039, "fair_value": 33.30568, "relative_strength": 11.847622, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 72.146848, "energy": 72.331469, "activity_lines": [ 43.357957, 42.445687, 40.518339, 39.605903 ] }, { "date": "2026-03-20", "close": 44.520305, "volume": 10320070, "typical_volume": 6970652.0, "trend": 38.877409, "fair_value": 33.426629, "relative_strength": 16.10611, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 78.518139, "energy": 72.443513, "activity_lines": [ 43.774304, 43.04042, 41.027189, 39.987726 ] }, { "date": "2026-03-27", "close": 45.272036, "volume": 10882989, "typical_volume": 7222936.95, "trend": 39.187676, "fair_value": 33.542439, "relative_strength": 20.639642, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 80.094134, "energy": 74.42964, "activity_lines": [ 44.368649, 43.617995, 41.569441, 40.400283 ] }, { "date": "2026-04-03", "close": 44.134548, "volume": 7455280, "typical_volume": 7066415.15, "trend": 39.453361, "fair_value": 33.648536, "relative_strength": 13.804692, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.637749, "energy": 60.379496, "activity_lines": [ 44.412249, 43.857696, 41.958325, 40.719436 ] }, { "date": "2026-04-10", "close": 43.857594, "volume": 6538503, "typical_volume": 7029583.6, "trend": 39.669506, "fair_value": 33.747312, "relative_strength": 9.16116, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.278109, "energy": 56.215542, "activity_lines": [ 44.28864, 43.964929, 42.288566, 41.00358 ] }, { "date": "2026-04-17", "close": 42.01783, "volume": 3867750, "typical_volume": 6914897.35, "trend": 39.783651, "fair_value": 33.840647, "relative_strength": 0.369502, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 48.176832, "energy": 39.705739, "activity_lines": [ 43.532503, 43.679427, 42.410071, 41.155085 ] }, { "date": "2026-04-24", "close": 42.898147, "volume": 4418261, "typical_volume": 6852216.3, "trend": 39.924245, "fair_value": 33.938388, "relative_strength": 2.140116, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 41.638747, "energy": 28.103512, "activity_lines": [ 43.178398, 43.548933, 42.594468, 41.35602 ] }, { "date": "2026-05-01", "close": 45.96442, "volume": 4742216, "typical_volume": 6757327.15, "trend": 40.102725, "fair_value": 34.057882, "relative_strength": 8.482759, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 64.19422, "energy": 39.451477, "activity_lines": [ 43.954528, 43.985643, 43.048372, 41.745709 ] }, { "date": "2026-05-08", "close": 45.22258, "volume": 4680628, "typical_volume": 6605814.0, "trend": 40.356821, "fair_value": 34.174237, "relative_strength": 4.314068, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 63.672421, "energy": 42.500441, "activity_lines": [ 44.437218, 44.228088, 43.393262, 42.076022 ] }, { "date": "2026-05-15", "close": 48.457003, "volume": 3935354, "typical_volume": 6595680.45, "trend": 40.753143, "fair_value": 34.317353, "relative_strength": 11.342569, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 84.237127, "energy": 73.638282, "activity_lines": [ 45.925515, 45.018404, 44.002512, 42.598614 ] }, { "date": "2026-05-22", "close": 49.040584, "volume": 8390907, "typical_volume": 6788483.95, "trend": 41.164416, "fair_value": 34.465986, "relative_strength": 11.552922, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 83.008767, "energy": 88.327349, "activity_lines": [ 47.301711, 45.825943, 44.613286, 43.133288 ] }, { "date": "2026-05-29", "close": 46.04355, "volume": 4524024, "typical_volume": 6665427.05, "trend": 41.482541, "fair_value": 34.58868, "relative_strength": 3.21924, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 64.107996, "energy": 76.419763, "activity_lines": [ 47.210712, 45.990497, 44.884683, 43.448071 ] }, { "date": "2026-06-05", "close": 48.288853, "volume": 6799942, "typical_volume": 6680009.2, "trend": 41.898344, "fair_value": 34.727596, "relative_strength": 10.817063, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 71.974312, "energy": 76.299478, "activity_lines": [ 47.658454, 46.535592, 45.322373, 43.887188 ] }, { "date": "2026-06-12", "close": 47.823966, "volume": 8442148, "typical_volume": 6867106.3, "trend": 42.247193, "fair_value": 34.863333, "relative_strength": 9.01238, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.874426, "energy": 53.91161, "activity_lines": [ 47.796271, 46.941311, 45.667098, 44.269486 ] }, { "date": "2026-06-19", "close": 46.15, "volume": 8118742, "typical_volume": 6893954.55, "trend": 42.558253, "fair_value": 34.994193, "relative_strength": 4.1935, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 57.320013, "energy": 40.589272, "activity_lines": [ 47.202674, 46.975593, 45.813324, 44.52128 ] }, { "date": "2026-06-26", "close": 47.2, "volume": 6594046, "typical_volume": 6819360.0, "trend": 42.87762, "fair_value": 35.124781, "relative_strength": 8.929571, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 48.154805, "energy": 36.299248, "activity_lines": [ 47.112877, 47.159103, 46.033382, 44.820748 ] }, { "date": "2026-07-03", "close": 46.44, "volume": 2984919, "typical_volume": 6597615.25, "trend": 43.153321, "fair_value": 35.25564, "relative_strength": 4.737361, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 42.970257, "energy": 28.741898, "activity_lines": [ 46.892452, 47.11021, 46.155059, 45.050579 ] }, { "date": "2026-07-10", "close": 47.55, "volume": 5455459, "typical_volume": 6546644.65, "trend": 43.474706, "fair_value": 35.391864, "relative_strength": 5.588684, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 46.427826, "energy": 27.404393, "activity_lines": [ 47.015598, 47.198738, 46.368125, 45.334235 ] }, { "date": "2026-07-17", "close": 51.29, "volume": 5529184, "typical_volume": 6281497.35, "trend": 43.982719, "fair_value": 35.548452, "relative_strength": 15.2396, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 80.462983, "energy": 50.788845, "activity_lines": [ 48.434667, 47.938438, 46.914279, 45.838448 ] }, { "date": "2026-07-24", "close": 51.37, "volume": 3816826, "typical_volume": 6127318.3, "trend": 44.458199, "fair_value": 35.70692, "relative_strength": 15.582276, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 76.92381, "energy": 70.233322, "activity_lines": [ 49.649333, 48.582366, 47.428628, 46.315047 ] }, { "date": "2026-07-31", "close": 48.93, "volume": 4396227, "typical_volume": 6094673.75, "trend": 44.83214, "fair_value": 35.851935, "relative_strength": 8.624312, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 61.631859, "energy": 65.948416, "activity_lines": [ 49.702667, 48.729694, 47.673446, 46.60355 ] }, { "date": "2026-08-07", "close": 47.5, "volume": 4820165, "typical_volume": 5819678.5, "trend": 45.213494, "fair_value": 35.984173, "relative_strength": 1.620208, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 58.26129, "energy": 55.422768, "activity_lines": [ 49.164, 48.619032, 47.756916, 46.77567 ] } ], "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." } } }