{ "ticker": { "uuid": "c7aa80b6-c133-446b-b986-7f2c503d4dc2", "symbol": "PSWD", "name": "XTRACKERS CYBERSECURITY SELECT EQUITY ETF", "exchange": "NASDAQ", "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": "QQQ", "stage": 2, "stage_name": "Advancing", "phase": "2c", "phase_label": "Stage 2C \u00b7 Late advance", "transition": "stage_2_healthy", "transition_label": "Stage 2 trend intact", "confidence": 96.0, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Established expansion", "architecture_gate": "up", "architecture_direction": 82.126, "architecture_energy": 66.578, "architecture_maturity": 46.432, "architecture_confidence": 84.975, "architecture_tenure": "Developing", "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": 8.4, "rotation_up": 65.45, "upward_expansion": 84.17, "deceleration": 62.33, "rotation_down": 20.74, "downward_expansion": 10.84 }, "activity_lines": [ 43.0114, 41.990238, 39.704916, 37.624674 ], "activity_state": "Wide", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.666667 }, "latest_close": 45.2548, "trend_reference": 35.37449, "distance_from_trend": 0.279306, "trend_direction": "Improving", "fair_value": 32.256388, "distance_from_fair_value": 0.402972, "fair_value_direction": "Improving", "relative_strength": 12.454822, "relative_strength_direction": "Improving", "price_momentum": 0.448891, "excess_performance": 0.261437, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.279306, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.068626, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.402972, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.264755, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.124548, "read": "Leading" }, { "label": "Relative strength direction", "positive": true, "value": 0.258521, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.448891, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 1.086587, "read": "Demand-led" } ], "volume": { "latest": 8807, "relative_activity": 1.251866, "balance": 1.086587, "dry_up": 1.037334, "accumulation_observations": 3, "distribution_observations": 2 }, "risk": { "range_context": 0.059909, "annualized_volatility": 0.342537, "from_high_reference": -0.002539, "from_low_reference": 0.575724 }, "levels": { "trend_reference": 35.37449, "fair_value_reference": 32.256388, "structural_low": 28.72, "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 9, "median_return": -0.016968, "positive_rate": 0.444444, "directional_follow_through": 0.444444, "median_excess_return": 0.001875, "regime_survival": 0.666667, "best_return": 0.124889, "worst_return": -0.128258, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 3, "median_return": -0.045825, "positive_rate": 0.0, "directional_follow_through": 0.0, "median_excess_return": -0.095344, "regime_survival": 0.0, "best_return": -0.007066, "worst_return": -0.100829, "sufficient": false }, { "horizon": "Extended", "sample_count": 2, "median_return": -0.111237, "positive_rate": 0.0, "directional_follow_through": 0.0, "median_excess_return": -0.148776, "regime_survival": 0.0, "best_return": -0.042287, "worst_return": -0.180186, "sufficient": false }, { "horizon": "Full cycle", "sample_count": 1, "median_return": -0.114494, "positive_rate": 0.0, "directional_follow_through": 0.0, "median_excess_return": -0.286198, "regime_survival": 0.0, "best_return": -0.114494, "worst_return": -0.114494, "sufficient": false } ], "ledger": [ { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-01-17", "end": "2025-01-31", "tenure": "New", "return": 0.061539, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-02-07", "end": "2025-03-14", "tenure": "Developing", "return": -0.050886, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-03-21", "end": "2025-03-28", "tenure": "New", "return": -0.023324, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-04-04", "end": "2025-05-02", "tenure": "Developing", "return": 0.15049, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-05-09", "end": "2025-05-30", "tenure": "New", "return": 0.025339, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-06-06", "end": "2025-08-01", "tenure": "Developing", "return": -0.028838, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-08-08", "end": "2025-09-12", "tenure": "Developing", "return": 0.072095, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-09-19", "end": "2025-11-07", "tenure": "Developing", "return": -0.041494, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-11-14", "end": "2025-11-21", "tenure": "New", "return": -0.039318, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-11-28", "end": "2025-12-12", "tenure": "New", "return": 0.002317, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-12-19", "end": "2026-05-08", "tenure": "Established", "return": 0.05975, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2026-05-15", "end": "2026-06-05", "tenure": "New", "return": 0.083127, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-06-12", "end": "2026-08-07", "tenure": "Developing", "return": 0.192645, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 23.693625, "volume": 639, "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": 24.629203, "volume": 127, "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": 25.732085, "volume": 1395, "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": 25.479525, "volume": 682, "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": 25.21705, "volume": 115, "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": 24.75558, "volume": 202, "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": 24.803895, "volume": 237, "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": 24.891776, "volume": 421, "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": 24.650979, "volume": 17, "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": 23.94774, "volume": 208, "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": 23.097807, "volume": 442, "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": 24.400461, "volume": 766, "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": 25.003182, "volume": 2144, "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": 26.004475, "volume": 88, "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": 26.354442, "volume": 1247, "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": 27.559883, "volume": 383, "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": 27.981376, "volume": 2037, "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": 29.298311, "volume": 1324, "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": 29.765207, "volume": 529, "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": 29.699122, "volume": 418, "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": 28.066551, "volume": 1441, "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": 30.099934, "volume": 1626, "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": 29.89464, "volume": 2484, "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": 30.275899, "volume": 2378, "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": 30.735366, "volume": 2880, "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": 32.191972, "volume": 10477, "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": 31.087297, "volume": 9689, "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": 29.937165, "volume": 3665, "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": 31.028642, "volume": 1820, "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": 30.67671, "volume": 2019, "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": 30.163721, "volume": 2213, "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": 30.339888, "volume": 2076, "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": 30.222444, "volume": 2191, "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": 29.654794, "volume": 2372, "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": 29.194802, "volume": 3679, "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": 27.951845, "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": "2024-04-26", "close": 29.008848, "volume": 612, "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": 28.705449, "volume": 3009, "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": 28.509708, "volume": 1363, "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": 29.243737, "volume": 2354, "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": 28.891403, "volume": 1037, "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": 27.824614, "volume": 910, "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": 28.020355, "volume": 4326, "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": 28.372298, "volume": 4195, "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": 28.381791, "volume": 975, "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": 29.488084, "volume": 1588, "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": 30.036335, "volume": 734, "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": 29.977594, "volume": 1371, "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": 29.448923, "volume": 2530, "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": 29.478293, "volume": 2984, "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": 28.411162, "volume": 1394, "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": 29.615356, "volume": 2711, "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": 30.591243, "volume": 1253, "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": 31.651718, "volume": 1492, "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": 31.406963, "volume": 1035, "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": 29.80137, "volume": 2068, "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": 30.643327, "volume": 675, "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": 31.40568, "volume": 652, "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": 31.493816, "volume": 521, "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": 31.562366, "volume": 1366, "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": 32.654269, "volume": 590, "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": 32.531859, "volume": 625, "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": 31.613191, "volume": 229, "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": 31.023759, "volume": 462, "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": 32.91378, "volume": 2085, "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": 32.345794, "volume": 621, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-11-22", "close": 33.334873, "volume": 4072, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-11-29", "close": 33.66783, "volume": 2107, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-12-06", "close": 34.540716, "volume": 705, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-12-13", "close": 33.550727, "volume": 3885, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-12-20", "close": 32.694346, "volume": 869, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-12-27", "close": 32.794205, "volume": 608, "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": "2025-01-03", "close": 32.803427, "volume": 813, "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": "2025-01-10", "close": 32.250092, "volume": 454, "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": "2025-01-17", "close": 32.535684, "volume": 3881, "typical_volume": 1364.4, "trend": 31.542226, "fair_value": 29.067592, "relative_strength": -4.762182, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 29.297517, "energy": 21.126777, "activity_lines": [ 32.558122, 32.903566, 32.70891, 32.250758 ] }, { "date": "2025-01-24", "close": 33.695902, "volume": 398, "typical_volume": 1280.9, "trend": 31.682487, "fair_value": 29.124732, "relative_strength": -2.599688, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 50.516815, "energy": 24.955512, "activity_lines": [ 32.918239, 33.020681, 32.841085, 32.389704 ] }, { "date": "2025-01-31", "close": 34.537903, "volume": 1051, "typical_volume": 1299.7, "trend": 31.832539, "fair_value": 29.190746, "relative_strength": 1.414529, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 72.99378, "energy": 43.862726, "activity_lines": [ 33.492252, 33.26634, 33.034906, 32.573925 ] }, { "date": "2025-02-07", "close": 35.272609, "volume": 1984, "typical_volume": 1366.3, "trend": 32.009039, "fair_value": 29.264021, "relative_strength": 3.65009, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 82.921048, "energy": 78.287893, "activity_lines": [ 34.194922, 33.623708, 33.280154, 32.795865 ] }, { "date": "2025-02-14", "close": 36.720402, "volume": 875, "typical_volume": 1384.0, "trend": 32.251422, "fair_value": 29.352788, "relative_strength": 4.987039, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 91.117193, "energy": 94.256587, "activity_lines": [ 35.215576, 34.215134, 33.644872, 33.099824 ] }, { "date": "2025-02-21", "close": 35.074281, "volume": 680, "typical_volume": 1349.7, "trend": 32.437955, "fair_value": 29.420099, "relative_strength": 2.65052, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.716767, "energy": 84.401862, "activity_lines": [ 35.389503, 34.467634, 33.827929, 33.281944 ] }, { "date": "2025-02-28", "close": 33.844648, "volume": 506, "typical_volume": 1345.5, "trend": 32.619071, "fair_value": 29.471548, "relative_strength": 2.647454, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.352492, "energy": 72.433741, "activity_lines": [ 34.984313, 34.468863, 33.877154, 33.372698 ] }, { "date": "2025-03-07", "close": 33.864481, "volume": 680, "typical_volume": 1348.25, "trend": 32.760709, "fair_value": 29.522041, "relative_strength": 6.173478, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 57.474529, "energy": 43.727366, "activity_lines": [ 34.575817, 34.452784, 33.9226, 33.453047 ] }, { "date": "2025-03-14", "close": 33.477741, "volume": 1361, "typical_volume": 1404.85, "trend": 32.856925, "fair_value": 29.566992, "relative_strength": 7.619491, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 34.000436, "energy": 20.439042, "activity_lines": [ 34.083302, 34.34693, 33.924867, 33.499307 ] }, { "date": "2025-03-21", "close": 33.586822, "volume": 1366, "typical_volume": 1450.05, "trend": 32.921429, "fair_value": 29.612159, "relative_strength": 7.655127, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 26.473712, "energy": 24.393612, "activity_lines": [ 33.746806, 34.248647, 33.928645, 33.546397 ] }, { "date": "2025-03-28", "close": 32.803427, "volume": 909, "typical_volume": 1391.25, "trend": 32.967978, "fair_value": 29.647617, "relative_strength": 7.608404, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 7.869255, "energy": 18.782618, "activity_lines": [ 33.358084, 33.983625, 33.845608, 33.538784 ] }, { "date": "2025-04-04", "close": 29.521101, "volume": 14467, "typical_volume": 2083.55, "trend": 32.958635, "fair_value": 29.646227, "relative_strength": 7.375301, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "mixed", "direction": -48.319055, "energy": 44.220488, "activity_lines": [ 32.026643, 33.116949, 33.450494, 33.316405 ] }, { "date": "2025-04-11", "close": 31.678214, "volume": 2074, "typical_volume": 1983.65, "trend": 32.993131, "fair_value": 29.668314, "relative_strength": 7.090176, "stage": 2, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -24.152035, "energy": 45.473514, "activity_lines": [ 31.702476, 32.71838, 33.274271, 33.233797 ] }, { "date": "2025-04-18", "close": 31.47463, "volume": 846, "typical_volume": 1920.6, "trend": 32.99543, "fair_value": 29.687737, "relative_strength": 8.771641, "stage": 2, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -34.56307, "energy": 56.552107, "activity_lines": [ 31.456199, 32.334791, 33.086547, 33.13583 ] }, { "date": "2025-04-25", "close": 32.585266, "volume": 1061, "typical_volume": 1938.4, "trend": 33.031811, "fair_value": 29.718562, "relative_strength": 5.789177, "stage": 2, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -31.512865, "energy": 49.634873, "activity_lines": [ 31.713675, 32.222189, 33.015042, 33.109367 ] }, { "date": "2025-05-02", "close": 33.963744, "volume": 2837, "typical_volume": 1886.0, "trend": 33.111857, "fair_value": 29.763248, "relative_strength": 6.495101, "stage": 2, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": 0.273937, "energy": 7.50441, "activity_lines": [ 32.497414, 32.435404, 33.084133, 33.169492 ] }, { "date": "2025-05-09", "close": 33.656237, "volume": 2885, "typical_volume": 1986.8, "trend": 33.145256, "fair_value": 29.8038, "relative_strength": 5.589676, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 5.86493, "energy": 10.564178, "activity_lines": [ 33.101296, 32.612901, 33.12197, 33.204613 ] }, { "date": "2025-05-16", "close": 35.074281, "volume": 2449, "typical_volume": 2078.85, "trend": 33.230004, "fair_value": 29.858135, "relative_strength": 2.897077, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 27.579855, "energy": 29.064504, "activity_lines": [ 33.902183, 33.051649, 33.290278, 33.329067 ] }, { "date": "2025-05-23", "close": 34.905702, "volume": 509, "typical_volume": 2063.65, "trend": 33.339754, "fair_value": 29.90964, "relative_strength": 4.713593, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 54.396009, "energy": 43.190329, "activity_lines": [ 34.420473, 33.43775, 33.431674, 33.437176 ] }, { "date": "2025-05-30", "close": 34.509046, "volume": 3485, "typical_volume": 2215.2, "trend": 33.45593, "fair_value": 29.956099, "relative_strength": 1.42521, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 56.504153, "energy": 53.089867, "activity_lines": [ 34.577807, 33.725769, 33.525283, 33.512614 ] }, { "date": "2025-06-06", "close": 35.609766, "volume": 1837, "typical_volume": 2113.0, "trend": 33.545797, "fair_value": 30.012636, "relative_strength": 2.335977, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 70.475361, "energy": 66.654925, "activity_lines": [ 34.973795, 34.197151, 33.712965, 33.651571 ] }, { "date": "2025-06-13", "close": 34.975117, "volume": 1148, "typical_volume": 2150.5, "trend": 33.633441, "fair_value": 30.061769, "relative_strength": 0.875726, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 58.850522, "energy": 57.619567, "activity_lines": [ 35.048498, 34.502118, 33.825565, 33.743786 ] }, { "date": "2025-06-20", "close": 34.879731, "volume": 1618, "typical_volume": 2178.85, "trend": 33.684936, "fair_value": 30.109004, "relative_strength": 0.427564, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 56.091745, "energy": 46.707359, "activity_lines": [ 35.003481, 34.690578, 33.92299, 33.824191 ] }, { "date": "2025-06-27", "close": 36.239584, "volume": 3840, "typical_volume": 2271.65, "trend": 33.770661, "fair_value": 30.168524, "relative_strength": 0.06086, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 71.348378, "energy": 60.516581, "activity_lines": [ 35.424718, 35.068074, 34.148297, 33.989007 ] }, { "date": "2025-07-04", "close": 37.043585, "volume": 2193, "typical_volume": 2337.55, "trend": 33.85409, "fair_value": 30.234631, "relative_strength": 0.618197, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 78.624098, "energy": 75.250347, "activity_lines": [ 36.02503, 35.505118, 34.44557, 34.200164 ] }, { "date": "2025-07-11", "close": 35.122916, "volume": 2253, "typical_volume": 2416.2, "trend": 33.906496, "fair_value": 30.281186, "relative_strength": -4.319266, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 60.252741, "energy": 63.422685, "activity_lines": [ 35.81615, 35.511888, 34.558384, 34.282024 ] }, { "date": "2025-07-18", "close": 36.070843, "volume": 1400, "typical_volume": 2460.9, "trend": 34.019046, "fair_value": 30.335805, "relative_strength": -3.028042, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 62.7761, "energy": 65.748749, "activity_lines": [ 35.955702, 35.669933, 34.761245, 34.421659 ] }, { "date": "2025-07-25", "close": 36.423214, "volume": 4666, "typical_volume": 2660.2, "trend": 34.140013, "fair_value": 30.392697, "relative_strength": -2.972155, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.981438, "energy": 67.189567, "activity_lines": [ 36.139663, 35.848143, 34.987065, 34.576766 ] }, { "date": "2025-08-01", "close": 34.582846, "volume": 2398, "typical_volume": 2712.05, "trend": 34.199327, "fair_value": 30.431494, "relative_strength": -5.763722, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 43.196559, "energy": 28.34121, "activity_lines": [ 35.607269, 35.667215, 35.025426, 34.605336 ] }, { "date": "2025-08-08", "close": 33.781029, "volume": 2676, "typical_volume": 2777.55, "trend": 34.250358, "fair_value": 30.462224, "relative_strength": -11.071243, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 17.418102, "energy": 14.106586, "activity_lines": [ 34.918052, 35.346372, 34.982162, 34.578349 ] }, { "date": "2025-08-15", "close": 34.344326, "volume": 3712, "typical_volume": 2917.7, "trend": 34.310646, "fair_value": 30.497516, "relative_strength": -9.887126, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 17.731035, "energy": 19.781162, "activity_lines": [ 34.634104, 35.141184, 34.99162, 34.584412 ] }, { "date": "2025-08-22", "close": 35.049961, "volume": 3100, "typical_volume": 2349.35, "trend": 34.355782, "fair_value": 30.538529, "relative_strength": -7.036049, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 20.016057, "energy": 22.602489, "activity_lines": [ 34.637273, 35.0873, 35.060944, 34.632109 ] }, { "date": "2025-08-29", "close": 35.679166, "volume": 564, "typical_volume": 2273.85, "trend": 34.393824, "fair_value": 30.584427, "relative_strength": -5.0025, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 25.282103, "energy": 18.155454, "activity_lines": [ 34.918237, 35.146457, 35.163865, 34.717489 ] }, { "date": "2025-09-05", "close": 35.358161, "volume": 667, "typical_volume": 2264.9, "trend": 34.396676, "fair_value": 30.626673, "relative_strength": -6.63466, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 32.136039, "energy": 17.464675, "activity_lines": [ 35.141802, 35.132714, 35.217161, 34.779704 ] }, { "date": "2025-09-12", "close": 36.216456, "volume": 856, "typical_volume": 2254.65, "trend": 34.379877, "fair_value": 30.675706, "relative_strength": -6.011165, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 50.240208, "energy": 37.902629, "activity_lines": [ 35.599778, 35.291051, 35.333707, 34.89711 ] }, { "date": "2025-09-19", "close": 37.390327, "volume": 1438, "typical_volume": 2184.7, "trend": 34.457079, "fair_value": 30.734094, "relative_strength": -4.933642, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 75.363932, "energy": 69.01187, "activity_lines": [ 36.286682, 35.677857, 35.544758, 35.091332 ] }, { "date": "2025-09-26", "close": 37.248174, "volume": 3227, "typical_volume": 2201.8, "trend": 34.57053, "fair_value": 30.79025, "relative_strength": -4.796608, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 72.628288, "energy": 74.397044, "activity_lines": [ 36.723136, 35.997592, 35.725955, 35.271403 ] }, { "date": "2025-10-03", "close": 37.063305, "volume": 2323, "typical_volume": 2195.5, "trend": 34.677157, "fair_value": 30.843866, "relative_strength": -6.300846, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 67.378122, "energy": 75.270592, "activity_lines": [ 36.951418, 36.262308, 35.87244, 35.432227 ] }, { "date": "2025-10-10", "close": 35.82356, "volume": 4375, "typical_volume": 2388.8, "trend": 34.755351, "fair_value": 30.886067, "relative_strength": -7.17628, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 61.324587, "energy": 63.712135, "activity_lines": [ 36.674177, 36.289978, 35.891382, 35.506188 ] }, { "date": "2025-10-17", "close": 35.612068, "volume": 3699, "typical_volume": 2399.5, "trend": 34.822859, "fair_value": 30.925781, "relative_strength": -9.738843, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 53.707219, "energy": 33.81963, "activity_lines": [ 36.295411, 36.256637, 35.885812, 35.561461 ] }, { "date": "2025-10-24", "close": 36.919959, "volume": 3832, "typical_volume": 2499.25, "trend": 34.960077, "fair_value": 30.975732, "relative_strength": -8.303952, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 52.453558, "energy": 29.040079, "activity_lines": [ 36.392902, 36.427802, 35.99955, 35.696757 ] }, { "date": "2025-10-31", "close": 36.056608, "volume": 4641, "typical_volume": 2673.9, "trend": 35.177927, "fair_value": 31.017723, "relative_strength": -11.979179, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 36.794565, "energy": 18.286318, "activity_lines": [ 36.233967, 36.395164, 36.024826, 35.767501 ] }, { "date": "2025-11-07", "close": 35.838858, "volume": 5060, "typical_volume": 2846.0, "trend": 35.316616, "fair_value": 31.057241, "relative_strength": -9.588141, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 33.512261, "energy": 16.554626, "activity_lines": [ 36.081886, 36.304633, 36.024213, 35.810142 ] }, { "date": "2025-11-14", "close": 35.007792, "volume": 2917, "typical_volume": 2799.85, "trend": 35.434388, "fair_value": 31.089359, "relative_strength": -11.347566, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 12.294404, "energy": 9.741837, "activity_lines": [ 35.734413, 36.060096, 35.939884, 35.790218 ] }, { "date": "2025-11-21", "close": 33.631357, "volume": 5384, "typical_volume": 2959.4, "trend": 35.469257, "fair_value": 31.109859, "relative_strength": -11.879163, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -35.660091, "energy": 32.109401, "activity_lines": [ 34.982513, 35.571668, 35.730332, 35.673893 ] }, { "date": "2025-11-28", "close": 34.354442, "volume": 1802, "typical_volume": 2936.85, "trend": 35.482281, "fair_value": 31.135816, "relative_strength": -13.946712, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -24.688006, "energy": 44.688398, "activity_lines": [ 34.603689, 35.261712, 35.605893, 35.60197 ] }, { "date": "2025-12-05", "close": 34.289852, "volume": 980, "typical_volume": 2915.85, "trend": 35.503401, "fair_value": 31.160848, "relative_strength": -14.680623, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -35.097056, "energy": 56.055679, "activity_lines": [ 34.374369, 34.99521, 35.478962, 35.525039 ] }, { "date": "2025-12-12", "close": 34.434056, "volume": 1267, "typical_volume": 2745.9, "trend": 35.48206, "fair_value": 31.186621, "relative_strength": -12.470387, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -60.84494, "energy": 67.355263, "activity_lines": [ 34.310901, 34.808715, 35.374247, 35.456049 ] }, { "date": "2025-12-19", "close": 33.6203, "volume": 4300, "typical_volume": 2841.0, "trend": 35.439214, "fair_value": 31.205634, "relative_strength": -14.78682, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -70.996962, "energy": 66.689423, "activity_lines": [ 34.069835, 34.522068, 35.201502, 35.335935 ] }, { "date": "2025-12-26", "close": 33.615, "volume": 1448, "typical_volume": 2779.6, "trend": 35.409412, "fair_value": 31.224311, "relative_strength": -15.609259, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -68.467965, "energy": 62.539424, "activity_lines": [ 33.919501, 34.274518, 35.032837, 35.218244 ] }, { "date": "2026-01-02", "close": 32.7306, "volume": 2290, "typical_volume": 2708.5, "trend": 35.31344, "fair_value": 31.235898, "relative_strength": -16.128735, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -78.11849, "energy": 71.52754, "activity_lines": [ 33.475458, 33.902477, 34.780733, 35.045417 ] }, { "date": "2026-01-09", "close": 33.79, "volume": 3972, "typical_volume": 2752.1, "trend": 35.273936, "fair_value": 31.255395, "relative_strength": -15.027231, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.879676, "energy": 62.334573, "activity_lines": [ 33.492804, 33.799225, 34.637209, 34.947131 ] }, { "date": "2026-01-16", "close": 33.14, "volume": 1165, "typical_volume": 2782.15, "trend": 35.215945, "fair_value": 31.269672, "relative_strength": -15.700432, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.78796, "energy": 61.071557, "activity_lines": [ 33.326807, 33.619002, 34.437781, 34.809458 ] }, { "date": "2026-01-23", "close": 33.4606, "volume": 904, "typical_volume": 2794.0, "trend": 35.123312, "fair_value": 31.286146, "relative_strength": -14.820222, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.70005, "energy": 50.928238, "activity_lines": [ 33.353947, 33.54614, 34.280977, 34.69621 ] }, { "date": "2026-01-30", "close": 32.9434, "volume": 2070, "typical_volume": 2854.7, "trend": 34.986639, "fair_value": 31.298513, "relative_strength": -15.67557, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.365371, "energy": 46.55761, "activity_lines": [ 33.219333, 33.407373, 34.083951, 34.55557 ] }, { "date": "2026-02-06", "close": 31.2341, "volume": 2619, "typical_volume": 2913.75, "trend": 34.857012, "fair_value": 31.298036, "relative_strength": -18.032825, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -83.749171, "energy": 66.923815, "activity_lines": [ 32.559727, 32.970332, 33.739721, 34.313471 ] }, { "date": "2026-02-13", "close": 32.6974, "volume": 2201, "typical_volume": 2862.45, "trend": 34.744564, "fair_value": 31.308325, "relative_strength": -12.707904, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -60.467106, "energy": 56.843245, "activity_lines": [ 32.487653, 32.856079, 33.564169, 34.174141 ] }, { "date": "2026-02-20", "close": 30.6452, "volume": 1306, "typical_volume": 2811.6, "trend": 34.551963, "fair_value": 31.303485, "relative_strength": -18.693722, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -84.38316, "energy": 83.167075, "activity_lines": [ 31.804353, 32.397653, 33.214839, 33.909666 ] }, { "date": "2026-02-27", "close": 30.2382, "volume": 3804, "typical_volume": 2783.05, "trend": 34.407142, "fair_value": 31.295766, "relative_strength": -19.142178, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -81.577343, "energy": 87.501025, "activity_lines": [ 31.151707, 31.934115, 32.85731, 33.631359 ] }, { "date": "2026-03-06", "close": 31.4116, "volume": 3734, "typical_volume": 2784.8, "trend": 34.328161, "fair_value": 31.296599, "relative_strength": -14.499097, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.991086, "energy": 71.272309, "activity_lines": [ 31.10502, 31.745415, 32.63813, 33.438098 ] }, { "date": "2026-03-13", "close": 31.3471, "volume": 1753, "typical_volume": 2680.85, "trend": 34.228253, "fair_value": 31.29696, "relative_strength": -13.336109, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.378776, "energy": 63.865209, "activity_lines": [ 31.138953, 31.585049, 32.432809, 33.245771 ] }, { "date": "2026-03-20", "close": 30.6531, "volume": 1677, "typical_volume": 2532.65, "trend": 34.081691, "fair_value": 31.292393, "relative_strength": -13.075937, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.961489, "energy": 56.525464, "activity_lines": [ 30.93402, 31.323656, 32.187931, 33.015116 ] }, { "date": "2026-03-27", "close": 29.0403, "volume": 5368, "typical_volume": 2548.05, "trend": 33.860396, "fair_value": 31.276533, "relative_strength": -14.397359, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -81.422879, "energy": 60.725574, "activity_lines": [ 30.327773, 30.826062, 31.815183, 32.689865 ] }, { "date": "2026-04-03", "close": 30.6428, "volume": 447, "typical_volume": 2424.55, "trend": 33.703217, "fair_value": 31.272102, "relative_strength": -12.636565, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -60.160446, "energy": 50.381196, "activity_lines": [ 30.362687, 30.694371, 31.627429, 32.482278 ] }, { "date": "2026-04-10", "close": 28.7262, "volume": 3201, "typical_volume": 2315.4, "trend": 33.453542, "fair_value": 31.254422, "relative_strength": -21.013914, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -75.663863, "energy": 58.736396, "activity_lines": [ 29.73176, 30.26544, 31.277927, 32.161181 ] }, { "date": "2026-04-17", "close": 31.8622, "volume": 8441, "typical_volume": 2647.35, "trend": 33.269271, "fair_value": 31.258613, "relative_strength": -16.898615, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -56.576301, "energy": 41.800425, "activity_lines": [ 30.325193, 30.483367, 31.25045, 32.058513 ] }, { "date": "2026-04-24", "close": 32.1559, "volume": 3272, "typical_volume": 2761.95, "trend": 33.099529, "fair_value": 31.264759, "relative_strength": -17.381815, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -35.922386, "energy": 21.854419, "activity_lines": [ 30.982187, 30.743275, 31.262812, 31.986683 ] }, { "date": "2026-05-01", "close": 32.4956, "volume": 1952, "typical_volume": 2796.2, "trend": 32.947272, "fair_value": 31.273132, "relative_strength": -17.196029, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -20.313403, "energy": 15.443539, "activity_lines": [ 31.652227, 31.074791, 31.317688, 31.94772 ] }, { "date": "2026-05-08", "close": 35.6291, "volume": 6061, "typical_volume": 2884.25, "trend": 32.94079, "fair_value": 31.302565, "relative_strength": -13.397288, "stage": 3, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "mixed", "direction": 42.652691, "energy": 41.046912, "activity_lines": [ 33.136413, 31.942391, 31.680223, 32.120741 ] }, { "date": "2026-05-15", "close": 35.8066, "volume": 1284, "typical_volume": 2876.05, "trend": 32.947274, "fair_value": 31.332793, "relative_strength": -12.187304, "stage": 3, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 43.311786, "energy": 61.512979, "activity_lines": [ 34.347347, 32.744247, 32.050097, 32.305632 ] }, { "date": "2026-05-22", "close": 38.0466, "volume": 5192, "typical_volume": 3021.15, "trend": 32.984829, "fair_value": 31.377552, "relative_strength": -7.324728, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 54.455472, "energy": 78.923003, "activity_lines": [ 35.83292, 33.873467, 32.622869, 32.634621 ] }, { "date": "2026-05-29", "close": 39.5954, "volume": 5478, "typical_volume": 3096.45, "trend": 33.102789, "fair_value": 31.431975, "relative_strength": -5.851024, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 64.968404, "energy": 87.111833, "activity_lines": [ 37.422467, 35.162478, 33.31783, 33.061109 ] }, { "date": "2026-06-05", "close": 38.7831, "volume": 37478, "typical_volume": 4912.1, "trend": 33.20093, "fair_value": 31.480337, "relative_strength": -3.026332, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 75.047104, "energy": 89.846266, "activity_lines": [ 38.24528, 36.141211, 33.907786, 33.427581 ] }, { "date": "2026-06-12", "close": 37.9449, "volume": 3141, "typical_volume": 5023.95, "trend": 33.298834, "fair_value": 31.522589, "relative_strength": -6.820798, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.351741, "energy": 83.906721, "activity_lines": [ 38.369527, 36.790402, 34.39104, 33.733643 ] }, { "date": "2026-06-19", "close": 37.5443, "volume": 4867, "typical_volume": 5163.8, "trend": 33.429265, "fair_value": 31.561691, "relative_strength": -9.719959, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.000304, "energy": 61.476409, "activity_lines": [ 38.205853, 37.233991, 34.814789, 34.007545 ] }, { "date": "2026-06-26", "close": 38.9687, "volume": 6082, "typical_volume": 5336.95, "trend": 33.583074, "fair_value": 31.609478, "relative_strength": -1.502657, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 69.170211, "energy": 57.712775, "activity_lines": [ 38.401133, 37.776233, 35.352286, 34.364927 ] }, { "date": "2026-07-03", "close": 42.3053, "volume": 7185, "typical_volume": 5586.15, "trend": 33.850255, "fair_value": 31.678041, "relative_strength": 6.291511, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 84.624605, "energy": 64.947647, "activity_lines": [ 39.64714, 38.79592, 36.170722, 34.927652 ] }, { "date": "2026-07-10", "close": 42.6838, "volume": 12062, "typical_volume": 6123.95, "trend": 34.125247, "fair_value": 31.79309, "relative_strength": 5.507695, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 81.711511, "energy": 74.471636, "activity_lines": [ 40.838653, 39.699891, 36.979455, 35.497558 ] }, { "date": "2026-07-17", "close": 43.4753, "volume": 5239, "typical_volume": 6195.7, "trend": 34.453747, "fair_value": 31.912973, "relative_strength": 12.205129, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 79.843341, "energy": 88.366936, "activity_lines": [ 42.033953, 40.562531, 37.806241, 36.100787 ] }, { "date": "2026-07-24", "close": 40.7498, "volume": 8171, "typical_volume": 6417.55, "trend": 34.691573, "fair_value": 32.011513, "relative_strength": 7.061467, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.444015, "energy": 77.594315, "activity_lines": [ 41.95206, 40.786967, 38.310423, 36.506984 ] }, { "date": "2026-07-31", "close": 41.7533, "volume": 6974, "typical_volume": 6678.6, "trend": 34.99233, "fair_value": 32.122689, "relative_strength": 9.173111, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.171559, "energy": 60.738347, "activity_lines": [ 41.990967, 41.103982, 38.865708, 36.962579 ] }, { "date": "2026-08-07", "close": 45.2548, "volume": 8807, "typical_volume": 7035.1, "trend": 35.37449, "fair_value": 32.256388, "relative_strength": 12.454822, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 82.125611, "energy": 66.578136, "activity_lines": [ 43.0114, 41.990238, 39.704916, 37.624674 ] } ], "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." } } }