{ "ticker": { "uuid": "c834d561-8bf6-4d54-9d64-8edeb05c3803", "symbol": "OZF", "name": "SPDR ETFs Australia - State Street SPDR S&P/ASX 200 Financials EX A-REIT ETF", "exchange": "ASX", "country": "AU", "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": "^AXJO", "stage": 3, "stage_name": "Distribution", "phase": "3b", "phase_label": "Stage 3B \u00b7 Distribution", "transition": "stage_3_churning", "transition_label": "Stage 3 range intact", "confidence": 50.171, "architecture_regime": "rotation_up", "architecture_regime_label": "Rotation Up", "architecture_modifier": "Value reclamation", "architecture_gate": "up", "architecture_direction": 73.102, "architecture_energy": 80.502, "architecture_maturity": 10.478, "architecture_confidence": 53.701, "architecture_tenure": "New", "architecture": { "interpretation": { "headline": "The prior uptrend is attempting to re-accelerate.", "body": "Positive Trend survived a recompression and Fast Activity is strengthening again. Promotion requires renewed confirmation across the completed evidence set." }, "scores": { "balance": 12.67, "rotation_up": 85.19, "upward_expansion": 89.69, "deceleration": 33.08, "rotation_down": 6.1, "downward_expansion": 23.69 }, "activity_lines": [ 31.632001, 30.997049, 30.501603, 30.50774 ], "activity_state": "Wide", "activity_direction": "Expanding", "rotation_direction": "Improving", "price_acceptance": 1.0 }, "latest_close": 32.150002, "trend_reference": 30.445775, "distance_from_trend": 0.055976, "trend_direction": "Improving", "fair_value": 25.99615, "distance_from_fair_value": 0.236722, "fair_value_direction": "Improving", "relative_strength": 1.019038, "relative_strength_direction": "Weakening", "price_momentum": 0.086516, "excess_performance": 0.02281, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.055976, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.011807, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.236722, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.019498, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.01019, "read": "Leading" }, { "label": "Relative strength direction", "positive": false, "value": -0.003902, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.086516, "read": "Positive" }, { "label": "Volume balance", "positive": false, "value": 0.604703, "read": "Supply-led" } ], "volume": { "latest": 74339, "relative_activity": 2.119028, "balance": 0.604703, "dry_up": 1.021617, "accumulation_observations": 2, "distribution_observations": 2 }, "risk": { "range_context": 0.024232, "annualized_volatility": 0.172859, "from_high_reference": -0.013804, "from_low_reference": 0.1352 }, "levels": { "trend_reference": 30.445775, "fair_value_reference": 25.99615, "structural_low": 28.393455, "invalidation": "A decisive breakout above range resistance with renewed RS leadership invalidates the distribution reading; a range-low break confirms deterioration." }, "outcomes": [ { "horizon": "Near term", "sample_count": 8, "median_return": -0.00359, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": 0.0148, "regime_survival": 0.25, "best_return": 0.031821, "worst_return": -0.046105, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 5, "median_return": -0.049906, "positive_rate": 0.4, "directional_follow_through": 0.4, "median_excess_return": 0.018875, "regime_survival": 0.0, "best_return": 0.091415, "worst_return": -0.114145, "sufficient": true }, { "horizon": "Extended", "sample_count": 4, "median_return": -0.010513, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": 0.011632, "regime_survival": 0.0, "best_return": 0.089976, "worst_return": -0.077847, "sufficient": false }, { "horizon": "Full cycle", "sample_count": 3, "median_return": 0.055445, "positive_rate": 0.666667, "directional_follow_through": 0.666667, "median_excess_return": 0.02003, "regime_survival": 0.0, "best_return": 0.271151, "worst_return": -0.045588, "sufficient": false } ], "ledger": [ { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-05-23", "end": "2025-06-06", "tenure": "New", "return": 0.033175, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-06-13", "end": "2025-08-08", "tenure": "Developing", "return": 0.003398, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-08-15", "end": "2025-08-22", "tenure": "New", "return": 0.040951, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-08-29", "end": "2025-11-14", "tenure": "Developing", "return": -0.041188, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-11-21", "end": "2025-11-28", "tenure": "New", "return": 0.026343, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-12-05", "end": "2026-01-16", "tenure": "Developing", "return": 0.033365, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-01-23", "end": "2026-02-13", "tenure": "New", "return": 0.080484, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2026-02-20", "end": "2026-03-27", "tenure": "Developing", "return": -0.056557, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-04-03", "end": "2026-04-17", "tenure": "New", "return": 0.038259, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-04-24", "end": "2026-05-01", "tenure": "New", "return": -0.005055, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-05-08", "end": "2026-05-22", "tenure": "New", "return": -0.017927, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2026-05-29", "end": "2026-07-03", "tenure": "Developing", "return": 0.027078, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-07-10", "end": "2026-07-17", "tenure": "New", "return": 0.007147, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2026-07-24", "end": "2026-08-07", "tenure": "New", "return": 0.030119, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 18.105711, "volume": 25669, "typical_volume": 55442.45, "trend": 18.016838, "fair_value": 16.956162, "relative_strength": 0.866364, "stage": 3, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 31.034887, "energy": 41.783832, "activity_lines": [ 18.46812, 18.355049, 18.088937, 17.994252 ] }, { "date": "2023-08-25", "close": 18.114561, "volume": 137855, "typical_volume": 59115.55, "trend": 17.985861, "fair_value": 16.992324, "relative_strength": 1.318577, "stage": 3, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 41.624631, "energy": 25.13568, "activity_lines": [ 18.320558, 18.340261, 18.104431, 18.000557 ] }, { "date": "2023-09-01", "close": 18.619223, "volume": 12280, "typical_volume": 56494.3, "trend": 17.969957, "fair_value": 17.034307, "relative_strength": 1.78671, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 50.521548, "energy": 27.698057, "activity_lines": [ 18.380173, 18.410597, 18.165752, 18.041419 ] }, { "date": "2023-09-08", "close": 18.362463, "volume": 18378, "typical_volume": 56501.6, "trend": 17.946659, "fair_value": 17.07549, "relative_strength": 2.026734, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 37.520356, "energy": 18.99883, "activity_lines": [ 18.366597, 18.415104, 18.199313, 18.066742 ] }, { "date": "2023-09-15", "close": 18.849419, "volume": 19257, "typical_volume": 56354.35, "trend": 17.96466, "fair_value": 17.12128, "relative_strength": 2.923677, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.114917, "energy": 37.035184, "activity_lines": [ 18.525963, 18.500905, 18.277707, 18.124985 ] }, { "date": "2023-09-22", "close": 18.371319, "volume": 11774, "typical_volume": 49908.85, "trend": 17.96206, "fair_value": 17.162263, "relative_strength": 3.249088, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 51.210724, "energy": 35.326648, "activity_lines": [ 18.512978, 18.478207, 18.306663, 18.151221 ] }, { "date": "2023-09-29", "close": 18.451002, "volume": 18929, "typical_volume": 49114.05, "trend": 17.978438, "fair_value": 17.205499, "relative_strength": 3.897129, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 49.617822, "energy": 30.501615, "activity_lines": [ 18.508846, 18.467422, 18.338833, 18.182766 ] }, { "date": "2023-10-06", "close": 18.371319, "volume": 35352, "typical_volume": 48917.4, "trend": 17.999446, "fair_value": 17.243357, "relative_strength": 4.75608, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 47.558664, "energy": 27.51836, "activity_lines": [ 18.455724, 18.446656, 18.359951, 18.208113 ] }, { "date": "2023-10-13", "close": 18.566099, "volume": 12828, "typical_volume": 47515.75, "trend": 18.04152, "fair_value": 17.280826, "relative_strength": 4.387259, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 49.765698, "energy": 24.545887, "activity_lines": [ 18.484056, 18.469192, 18.397367, 18.244671 ] }, { "date": "2023-10-20", "close": 18.123415, "volume": 21406, "typical_volume": 44384.8, "trend": 18.077873, "fair_value": 17.316583, "relative_strength": 4.115325, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 23.715555, "energy": 12.251183, "activity_lines": [ 18.35125, 18.410436, 18.388236, 18.249954 ] }, { "date": "2023-10-27", "close": 17.866661, "volume": 28923, "typical_volume": 40541.6, "trend": 18.091095, "fair_value": 17.351719, "relative_strength": 3.774031, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": -3.919648, "energy": 11.580884, "activity_lines": [ 18.18126, 18.314655, 18.351374, 18.236328 ] }, { "date": "2023-11-03", "close": 18.291636, "volume": 91613, "typical_volume": 40052.85, "trend": 18.112654, "fair_value": 17.388043, "relative_strength": 3.937004, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 11.538167, "energy": 13.263746, "activity_lines": [ 18.186572, 18.30049, 18.352223, 18.249266 ] }, { "date": "2023-11-10", "close": 18.300488, "volume": 55107, "typical_volume": 40555.2, "trend": 18.12518, "fair_value": 17.418942, "relative_strength": 3.968957, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 10.708849, "energy": 14.049733, "activity_lines": [ 18.20546, 18.284714, 18.351335, 18.261384 ] }, { "date": "2023-11-17", "close": 18.397881, "volume": 7799, "typical_volume": 37131.05, "trend": 18.137165, "fair_value": 17.445191, "relative_strength": 3.405504, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 16.933873, "energy": 11.246474, "activity_lines": [ 18.261533, 18.292441, 18.356226, 18.278978 ] }, { "date": "2023-11-24", "close": 18.592659, "volume": 21018, "typical_volume": 36498.0, "trend": 18.155933, "fair_value": 17.471355, "relative_strength": 4.581491, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 40.970684, "energy": 21.602819, "activity_lines": [ 18.393748, 18.334938, 18.377601, 18.308365 ] }, { "date": "2023-12-01", "close": 18.71661, "volume": 617999, "typical_volume": 66302.5, "trend": 18.198069, "fair_value": 17.49811, "relative_strength": 4.710634, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 48.718664, "energy": 35.805616, "activity_lines": [ 18.535996, 18.40464, 18.406354, 18.344537 ] }, { "date": "2023-12-08", "close": 19.017635, "volume": 37063, "typical_volume": 63511.85, "trend": 18.241204, "fair_value": 17.527101, "relative_strength": 4.485061, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 71.795905, "energy": 62.856873, "activity_lines": [ 18.721923, 18.522796, 18.461457, 18.397413 ] }, { "date": "2023-12-15", "close": 19.628536, "volume": 56223, "typical_volume": 64305.1, "trend": 18.298874, "fair_value": 17.559855, "relative_strength": 4.171438, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 87.676761, "energy": 83.070146, "activity_lines": [ 19.063083, 18.741723, 18.573224, 18.486918 ] }, { "date": "2023-12-22", "close": 19.725927, "volume": 44335, "typical_volume": 65015.8, "trend": 18.368242, "fair_value": 17.593234, "relative_strength": 3.804833, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 87.094993, "energy": 90.15811, "activity_lines": [ 19.348171, 18.955498, 18.690345, 18.578986 ] }, { "date": "2023-12-29", "close": 19.860315, "volume": 18682, "typical_volume": 64624.5, "trend": 18.449084, "fair_value": 17.628111, "relative_strength": 3.236036, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 83.704508, "energy": 92.956023, "activity_lines": [ 19.589518, 19.17262, 18.814531, 18.675249 ] }, { "date": "2024-01-05", "close": 19.87851, "volume": 9399, "typical_volume": 63811.0, "trend": 18.535488, "fair_value": 17.661237, "relative_strength": 4.641776, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 76.975375, "energy": 91.1651, "activity_lines": [ 19.75242, 19.36147, 18.934709, 18.76747 ] }, { "date": "2024-01-12", "close": 20.024073, "volume": 19621, "typical_volume": 57899.3, "trend": 18.611297, "fair_value": 17.692755, "relative_strength": 5.167283, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 77.892537, "energy": 91.191361, "activity_lines": [ 19.886383, 19.540207, 19.060308, 18.863507 ] }, { "date": "2024-01-19", "close": 20.133244, "volume": 75542, "typical_volume": 61062.4, "trend": 18.696865, "fair_value": 17.726011, "relative_strength": 6.685434, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 78.562604, "energy": 90.64318, "activity_lines": [ 19.98964, 19.707294, 19.187211, 18.961697 ] }, { "date": "2024-01-26", "close": 20.497154, "volume": 22231, "typical_volume": 61255.05, "trend": 18.781302, "fair_value": 17.764348, "relative_strength": 6.546284, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 87.208074, "energy": 92.566227, "activity_lines": [ 20.180553, 19.907224, 19.341563, 19.077845 ] }, { "date": "2024-02-02", "close": 20.770084, "volume": 482718, "typical_volume": 84428.1, "trend": 18.884871, "fair_value": 17.799092, "relative_strength": 5.809093, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 90.130285, "energy": 95.222019, "activity_lines": [ 20.411028, 20.118609, 19.511743, 19.206154 ] }, { "date": "2024-02-09", "close": 20.897451, "volume": 21403, "typical_volume": 84909.55, "trend": 18.973797, "fair_value": 17.835223, "relative_strength": 7.081476, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 86.680338, "energy": 94.36945, "activity_lines": [ 20.623308, 20.313563, 19.684907, 19.335997 ] }, { "date": "2024-02-16", "close": 21.088507, "volume": 66092, "typical_volume": 87267.7, "trend": 19.053451, "fair_value": 17.871489, "relative_strength": 7.657889, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 85.205728, "energy": 93.591216, "activity_lines": [ 20.831343, 20.503602, 19.864238, 19.47243 ] }, { "date": "2024-02-23", "close": 21.452414, "volume": 8212, "typical_volume": 85910.7, "trend": 19.141693, "fair_value": 17.910296, "relative_strength": 9.49436, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 89.194222, "energy": 94.925844, "activity_lines": [ 21.089718, 20.722153, 20.065666, 19.627202 ] }, { "date": "2024-03-01", "close": 21.707151, "volume": 641849, "typical_volume": 117361.75, "trend": 19.24787, "fair_value": 17.946845, "relative_strength": 9.059989, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 89.092502, "energy": 92.749453, "activity_lines": [ 21.345061, 20.953859, 20.276684, 19.792716 ] }, { "date": "2024-03-08", "close": 22.471359, "volume": 23883, "typical_volume": 117485.6, "trend": 19.375094, "fair_value": 17.987982, "relative_strength": 11.124088, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 96.194307, "energy": 95.346187, "activity_lines": [ 21.774474, 21.28849, 20.545526, 20.000683 ] }, { "date": "2024-03-15", "close": 21.707151, "volume": 41471, "typical_volume": 118113.0, "trend": 19.495142, "fair_value": 18.024843, "relative_strength": 9.52673, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.44131, "energy": 72.70942, "activity_lines": [ 21.835732, 21.4367, 20.720882, 20.151138 ] }, { "date": "2024-03-22", "close": 22.080154, "volume": 18483, "typical_volume": 114456.5, "trend": 19.627329, "fair_value": 18.063576, "relative_strength": 9.650379, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 74.470478, "energy": 70.533114, "activity_lines": [ 21.967344, 21.619481, 20.913474, 20.317913 ] }, { "date": "2024-03-29", "close": 22.234818, "volume": 11830, "typical_volume": 112292.65, "trend": 19.747848, "fair_value": 18.10356, "relative_strength": 8.345522, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 76.360783, "energy": 71.027604, "activity_lines": [ 22.084402, 21.792999, 21.102755, 20.486138 ] }, { "date": "2024-04-05", "close": 21.925495, "volume": 70316, "typical_volume": 115418.5, "trend": 19.866616, "fair_value": 18.139745, "relative_strength": 8.235585, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.040145, "energy": 65.583168, "activity_lines": [ 22.046191, 21.872067, 21.243842, 20.626631 ] }, { "date": "2024-04-12", "close": 21.761736, "volume": 36187, "typical_volume": 116176.95, "trend": 19.963693, "fair_value": 18.174258, "relative_strength": 6.939461, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.771587, "energy": 63.10018, "activity_lines": [ 21.938838, 21.89539, 21.352535, 20.748897 ] }, { "date": "2024-04-19", "close": 21.088507, "volume": 17241, "typical_volume": 86139.05, "trend": 20.054266, "fair_value": 18.204456, "relative_strength": 6.399599, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 48.082807, "energy": 45.268327, "activity_lines": [ 21.654384, 21.778278, 21.38202, 20.821466 ] }, { "date": "2024-04-26", "close": 21.288652, "volume": 59474, "typical_volume": 87259.6, "trend": 20.148855, "fair_value": 18.235522, "relative_strength": 7.01769, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 40.896869, "energy": 28.268838, "activity_lines": [ 21.477887, 21.694082, 21.419271, 20.901104 ] }, { "date": "2024-05-03", "close": 21.552488, "volume": 24282, "typical_volume": 85662.55, "trend": 20.254894, "fair_value": 18.266308, "relative_strength": 7.269484, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 36.030623, "energy": 27.467701, "activity_lines": [ 21.442102, 21.654217, 21.470836, 20.991661 ] }, { "date": "2024-05-10", "close": 22.080154, "volume": 18567, "typical_volume": 84374.15, "trend": 20.372029, "fair_value": 18.299698, "relative_strength": 7.873287, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 53.665441, "energy": 29.838166, "activity_lines": [ 21.627695, 21.708472, 21.563492, 21.109419 ] }, { "date": "2024-05-17", "close": 22.262108, "volume": 47736, "typical_volume": 85826.85, "trend": 20.509985, "fair_value": 18.333425, "relative_strength": 7.546534, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 71.462158, "energy": 47.98888, "activity_lines": [ 21.863629, 21.789028, 21.662267, 21.23136 ] }, { "date": "2024-05-24", "close": 22.061962, "volume": 13643, "typical_volume": 86039.05, "trend": 20.649829, "fair_value": 18.363068, "relative_strength": 7.473442, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 61.498709, "energy": 49.814308, "activity_lines": [ 21.999489, 21.836998, 21.730544, 21.331487 ] }, { "date": "2024-05-31", "close": 22.043764, "volume": 17012, "typical_volume": 85908.6, "trend": 20.7749, "fair_value": 18.390467, "relative_strength": 7.41771, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 58.173771, "energy": 48.229069, "activity_lines": [ 22.064386, 21.875209, 21.786689, 21.421419 ] }, { "date": "2024-06-07", "close": 22.871655, "volume": 412825, "typical_volume": 102772.75, "trend": 20.927272, "fair_value": 18.422136, "relative_strength": 8.828066, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 80.996219, "energy": 71.969556, "activity_lines": [ 22.354906, 22.064606, 21.912064, 21.556693 ] }, { "date": "2024-06-14", "close": 22.644213, "volume": 21256, "typical_volume": 102724.0, "trend": 21.068816, "fair_value": 18.453125, "relative_strength": 9.258619, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 72.047437, "energy": 73.592217, "activity_lines": [ 22.481667, 22.201072, 22.002738, 21.667464 ] }, { "date": "2024-06-21", "close": 23.126394, "volume": 18907, "typical_volume": 79533.45, "trend": 21.219941, "fair_value": 18.490214, "relative_strength": 10.170359, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 82.498554, "energy": 83.088776, "activity_lines": [ 22.731552, 22.412139, 22.12911, 21.800211 ] }, { "date": "2024-06-28", "close": 23.16037, "volume": 31585, "typical_volume": 80042.55, "trend": 21.368066, "fair_value": 18.527801, "relative_strength": 10.35255, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 75.380309, "energy": 81.518765, "activity_lines": [ 22.935143, 22.604572, 22.247497, 21.9254 ] }, { "date": "2024-07-05", "close": 23.00231, "volume": 17419, "typical_volume": 77608.9, "trend": 21.500889, "fair_value": 18.565842, "relative_strength": 8.497671, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 64.291741, "energy": 71.209996, "activity_lines": [ 23.01282, 22.730596, 22.340055, 22.030835 ] }, { "date": "2024-07-12", "close": 23.634548, "volume": 14010, "typical_volume": 77898.8, "trend": 21.634422, "fair_value": 18.608251, "relative_strength": 9.194284, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 81.01714, "energy": 74.016505, "activity_lines": [ 23.237339, 22.940416, 22.483712, 22.16849 ] }, { "date": "2024-07-19", "close": 23.820501, "volume": 21142, "typical_volume": 46863.45, "trend": 21.770908, "fair_value": 18.651275, "relative_strength": 9.549276, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 80.629592, "energy": 78.805933, "activity_lines": [ 23.472984, 23.146189, 22.634689, 22.309527 ] }, { "date": "2024-07-26", "close": 23.904179, "volume": 10079, "typical_volume": 46173.25, "trend": 21.905704, "fair_value": 18.694416, "relative_strength": 10.260837, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 77.621439, "energy": 84.844465, "activity_lines": [ 23.658102, 23.335534, 22.783571, 22.447158 ] }, { "date": "2024-08-02", "close": 23.866989, "volume": 1322793, "typical_volume": 110239.35, "trend": 22.038653, "fair_value": 18.734855, "relative_strength": 9.419618, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 70.413629, "energy": 76.967595, "activity_lines": [ 23.778971, 23.488261, 22.922088, 22.573692 ] }, { "date": "2024-08-09", "close": 23.253345, "volume": 29228, "typical_volume": 110776.6, "trend": 22.146295, "fair_value": 18.767376, "relative_strength": 8.53406, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 62.837197, "energy": 54.056546, "activity_lines": [ 23.648185, 23.496598, 22.991878, 22.65206 ] }, { "date": "2024-08-16", "close": 24.313272, "volume": 36794, "typical_volume": 112024.8, "trend": 22.28563, "fair_value": 18.808945, "relative_strength": 10.329482, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 78.144183, "energy": 57.936753, "activity_lines": [ 23.853971, 23.675656, 23.157027, 22.791865 ] }, { "date": "2024-08-23", "close": 24.480633, "volume": 33025, "typical_volume": 110160.25, "trend": 22.418412, "fair_value": 18.850329, "relative_strength": 9.971576, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 77.351006, "energy": 59.156925, "activity_lines": [ 24.070296, 23.858933, 23.328217, 22.933478 ] }, { "date": "2024-08-30", "close": 25.010595, "volume": 90446, "typical_volume": 112873.2, "trend": 22.559762, "fair_value": 18.894482, "relative_strength": 10.998302, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 83.713598, "energy": 66.318832, "activity_lines": [ 24.419267, 24.105176, 23.537713, 23.100715 ] }, { "date": "2024-09-06", "close": 25.68932, "volume": 434287, "typical_volume": 133725.5, "trend": 22.719491, "fair_value": 18.943614, "relative_strength": 14.620737, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 89.329686, "energy": 93.507162, "activity_lines": [ 24.920718, 24.440567, 23.796379, 23.302622 ] }, { "date": "2024-09-13", "close": 25.49407, "volume": 43683, "typical_volume": 132935.95, "trend": 22.866344, "fair_value": 18.99118, "relative_strength": 12.104791, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 76.436199, "energy": 89.710251, "activity_lines": [ 25.235597, 24.694476, 24.01454, 23.481627 ] }, { "date": "2024-09-20", "close": 26.051929, "volume": 46582, "typical_volume": 134050.95, "trend": 23.019661, "fair_value": 19.044052, "relative_strength": 12.585468, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 83.822045, "energy": 92.715945, "activity_lines": [ 25.587047, 25.004509, 24.265806, 23.687149 ] }, { "date": "2024-09-27", "close": 24.936214, "volume": 65867, "typical_volume": 136415.95, "trend": 23.127296, "fair_value": 19.09082, "relative_strength": 7.421444, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.070801, "energy": 77.874922, "activity_lines": [ 25.450682, 25.067733, 24.389386, 23.810798 ] }, { "date": "2024-10-04", "close": 24.471334, "volume": 10565, "typical_volume": 134557.4, "trend": 23.193962, "fair_value": 19.131254, "relative_strength": 5.963218, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.282198, "energy": 53.246587, "activity_lines": [ 25.128985, 25.026147, 24.455093, 23.89751 ] }, { "date": "2024-10-11", "close": 25.084976, "volume": 14566, "typical_volume": 134603.55, "trend": 23.306556, "fair_value": 19.176145, "relative_strength": 7.460702, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 48.905707, "energy": 41.574863, "activity_lines": [ 25.047786, 25.085821, 24.568721, 24.019511 ] }, { "date": "2024-10-18", "close": 26.061226, "volume": 15329, "typical_volume": 134519.4, "trend": 23.439259, "fair_value": 19.22483, "relative_strength": 10.328657, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 75.731934, "energy": 48.584826, "activity_lines": [ 25.332293, 25.30085, 24.76093, 24.197231 ] }, { "date": "2024-10-25", "close": 26.117012, "volume": 12361, "typical_volume": 114496.2, "trend": 23.568665, "fair_value": 19.274817, "relative_strength": 11.110724, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 73.410567, "energy": 52.952927, "activity_lines": [ 25.597585, 25.474969, 24.939321, 24.369989 ] }, { "date": "2024-11-01", "close": 25.568453, "volume": 10227, "typical_volume": 113944.75, "trend": 23.690097, "fair_value": 19.319924, "relative_strength": 9.627408, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 59.169858, "energy": 51.079196, "activity_lines": [ 25.675685, 25.516555, 25.050015, 24.499008 ] }, { "date": "2024-11-08", "close": 26.637678, "volume": 25717, "typical_volume": 114285.25, "trend": 23.852628, "fair_value": 19.372147, "relative_strength": 11.346069, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 78.92622, "energy": 77.767504, "activity_lines": [ 26.068044, 25.732767, 25.248614, 24.689175 ] }, { "date": "2024-11-15", "close": 27.362894, "volume": 14580, "typical_volume": 113435.0, "trend": 24.061775, "fair_value": 19.432951, "relative_strength": 13.987593, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 86.221925, "energy": 89.917971, "activity_lines": [ 26.557719, 26.051253, 25.499561, 24.915643 ] }, { "date": "2024-11-22", "close": 27.846371, "volume": 28039, "typical_volume": 113966.0, "trend": 24.280365, "fair_value": 19.500996, "relative_strength": 13.988762, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 87.496582, "energy": 92.780977, "activity_lines": [ 27.056692, 26.427215, 25.776542, 25.159811 ] }, { "date": "2024-11-29", "close": 27.641821, "volume": 22468, "typical_volume": 114388.9, "trend": 24.483343, "fair_value": 19.567152, "relative_strength": 12.115692, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 76.107227, "energy": 90.069338, "activity_lines": [ 27.368472, 26.723217, 26.010975, 25.376679 ] }, { "date": "2024-12-06", "close": 27.576738, "volume": 612318, "typical_volume": 143947.7, "trend": 24.666562, "fair_value": 19.631634, "relative_strength": 11.591163, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.496868, "energy": 86.787077, "activity_lines": [ 27.556904, 26.978479, 26.220127, 25.576253 ] }, { "date": "2024-12-13", "close": 26.935202, "volume": 7945, "typical_volume": 143841.0, "trend": 24.822332, "fair_value": 19.691059, "relative_strength": 10.196001, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.800255, "energy": 65.402337, "activity_lines": [ 27.397604, 27.069088, 26.350294, 25.722617 ] }, { "date": "2024-12-20", "close": 26.079823, "volume": 7738, "typical_volume": 78088.25, "trend": 24.956261, "fair_value": 19.744372, "relative_strength": 9.294936, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 51.244252, "energy": 44.352421, "activity_lines": [ 26.933343, 26.959377, 26.384562, 25.803745 ] }, { "date": "2024-12-27", "close": 26.916611, "volume": 32837, "typical_volume": 78268.7, "trend": 25.118689, "fair_value": 19.802819, "relative_strength": 9.684535, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 45.871748, "energy": 34.997172, "activity_lines": [ 26.83355, 26.98372, 26.487988, 25.930219 ] }, { "date": "2025-01-03", "close": 26.835806, "volume": 4719, "typical_volume": 76664.95, "trend": 25.250828, "fair_value": 19.859186, "relative_strength": 9.082484, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 40.038567, "energy": 24.725364, "activity_lines": [ 26.768806, 26.977819, 26.566273, 26.041001 ] }, { "date": "2025-01-10", "close": 26.941156, "volume": 3120, "typical_volume": 75169.7, "trend": 25.394059, "fair_value": 19.917251, "relative_strength": 8.530648, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 37.862322, "energy": 22.897498, "activity_lines": [ 26.792912, 26.978004, 26.64258, 26.150054 ] }, { "date": "2025-01-17", "close": 26.902847, "volume": 10193, "typical_volume": 71157.05, "trend": 25.519941, "fair_value": 19.978894, "relative_strength": 7.80057, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 38.75467, "energy": 28.207844, "activity_lines": [ 26.846621, 26.946265, 26.703521, 26.247396 ] }, { "date": "2025-01-24", "close": 27.716925, "volume": 43536, "typical_volume": 51619.5, "trend": 25.671826, "fair_value": 20.048448, "relative_strength": 9.35322, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 67.543217, "energy": 43.565962, "activity_lines": [ 27.173847, 27.05772, 26.832983, 26.389137 ] }, { "date": "2025-01-31", "close": 28.147905, "volume": 45596, "typical_volume": 51715.15, "trend": 25.843346, "fair_value": 20.119741, "relative_strength": 9.029155, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 74.658838, "energy": 58.553946, "activity_lines": [ 27.535592, 27.241097, 26.993836, 26.548884 ] }, { "date": "2025-02-07", "close": 28.157484, "volume": 113336, "typical_volume": 55052.85, "trend": 25.99411, "fair_value": 20.186304, "relative_strength": 8.936198, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 72.011495, "energy": 73.684641, "activity_lines": [ 27.818444, 27.420733, 27.142963, 26.698183 ] }, { "date": "2025-02-14", "close": 28.435226, "volume": 25111, "typical_volume": 53015.05, "trend": 26.147934, "fair_value": 20.253408, "relative_strength": 9.046358, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 74.783758, "energy": 81.943386, "activity_lines": [ 28.105765, 27.641493, 27.308516, 26.855674 ] }, { "date": "2025-02-21", "close": 26.404823, "volume": 76840, "typical_volume": 56328.8, "trend": 26.231289, "fair_value": 20.312882, "relative_strength": 4.18124, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 42.921559, "energy": 36.944914, "activity_lines": [ 27.61668, 27.477479, 27.264035, 26.872248 ] }, { "date": "2025-02-28", "close": 26.883694, "volume": 24049, "typical_volume": 56802.95, "trend": 26.331846, "fair_value": 20.377202, "relative_strength": 7.348341, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 36.801768, "energy": 23.019405, "activity_lines": [ 27.320421, 27.410176, 27.255953, 26.914338 ] }, { "date": "2025-03-07", "close": 25.68652, "volume": 637097, "typical_volume": 87891.35, "trend": 26.412952, "fair_value": 20.43094, "relative_strength": 5.218118, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": -9.718315, "energy": 17.556175, "activity_lines": [ 26.680652, 27.110589, 27.12529, 26.872704 ] }, { "date": "2025-03-14", "close": 24.872442, "volume": 38183, "typical_volume": 89182.45, "trend": 26.431591, "fair_value": 20.472998, "relative_strength": 3.72081, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "mixed", "direction": -42.883493, "energy": 44.705019, "activity_lines": [ 25.933616, 26.685353, 26.91888, 26.773317 ] }, { "date": "2025-03-21", "close": 25.456663, "volume": 37601, "typical_volume": 90551.15, "trend": 26.464125, "fair_value": 20.518048, "relative_strength": 4.023877, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -30.479598, "energy": 58.011354, "activity_lines": [ 25.600324, 26.402037, 26.774036, 26.710418 ] }, { "date": "2025-03-28", "close": 26.01215, "volume": 3721, "typical_volume": 89451.35, "trend": 26.49751, "fair_value": 20.566443, "relative_strength": 5.326337, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -27.946059, "energy": 58.492698, "activity_lines": [ 25.650764, 26.246709, 26.682628, 26.681258 ] }, { "date": "2025-04-04", "close": 25.408777, "volume": 9324, "typical_volume": 89188.55, "trend": 26.488159, "fair_value": 20.610809, "relative_strength": 6.771784, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -39.762404, "energy": 62.501717, "activity_lines": [ 25.526259, 25.997872, 26.536735, 26.611017 ] }, { "date": "2025-04-11", "close": 25.226809, "volume": 64155, "typical_volume": 90994.35, "trend": 26.47925, "fair_value": 20.653524, "relative_strength": 5.970876, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -38.692528, "energy": 38.338985, "activity_lines": [ 25.439425, 25.757916, 26.382817, 26.52964 ] }, { "date": "2025-04-18", "close": 26.002573, "volume": 4227, "typical_volume": 90082.3, "trend": 26.477605, "fair_value": 20.700458, "relative_strength": 6.464207, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -28.983785, "energy": 26.838192, "activity_lines": [ 25.641826, 25.712118, 26.315255, 26.498887 ] }, { "date": "2025-04-25", "close": 26.787918, "volume": 6852, "typical_volume": 59809.0, "trend": 26.539329, "fair_value": 20.753718, "relative_strength": 7.26299, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -32.88824, "energy": 21.066451, "activity_lines": [ 26.030668, 25.848291, 26.330294, 26.518907 ] }, { "date": "2025-05-02", "close": 27.58284, "volume": 13174, "typical_volume": 60070.45, "trend": 26.643045, "fair_value": 20.814551, "relative_strength": 6.486976, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -6.469008, "energy": 13.445611, "activity_lines": [ 26.595732, 26.158946, 26.424796, 26.58623 ] }, { "date": "2025-05-09", "close": 27.506222, "volume": 28501, "typical_volume": 61108.6, "trend": 26.723754, "fair_value": 20.875539, "relative_strength": 5.959877, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 12.710086, "energy": 24.706432, "activity_lines": [ 27.030545, 26.434252, 26.508918, 26.641919 ] }, { "date": "2025-05-16", "close": 27.889318, "volume": 4926, "typical_volume": 59713.05, "trend": 26.78469, "fair_value": 20.938175, "relative_strength": 5.668952, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 29.371446, "energy": 35.8067, "activity_lines": [ 27.453227, 26.767893, 26.622732, 26.717117 ] }, { "date": "2025-05-23", "close": 28.291569, "volume": 5879, "typical_volume": 59771.05, "trend": 26.857175, "fair_value": 21.001774, "relative_strength": 6.629689, "stage": 3, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 38.282479, "energy": 59.788375, "activity_lines": [ 27.832492, 27.13462, 26.770224, 26.814335 ] }, { "date": "2025-05-30", "close": 28.665085, "volume": 20414, "typical_volume": 60635.75, "trend": 26.960396, "fair_value": 21.06949, "relative_strength": 6.745272, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 50.996823, "energy": 70.24672, "activity_lines": [ 28.183663, 27.507093, 26.946356, 26.930974 ] }, { "date": "2025-06-06", "close": 29.23015, "volume": 320157, "typical_volume": 76133.95, "trend": 27.046812, "fair_value": 21.150844, "relative_strength": 7.474868, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 83.198615, "energy": 86.082938, "activity_lines": [ 28.598044, 27.92397, 27.168095, 27.07741 ] }, { "date": "2025-06-13", "close": 29.201418, "volume": 3479, "typical_volume": 74131.1, "trend": 27.108096, "fair_value": 21.239605, "relative_strength": 6.659629, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 76.761371, "energy": 86.440378, "activity_lines": [ 28.893027, 28.277114, 27.376015, 27.216417 ] }, { "date": "2025-06-20", "close": 29.191839, "volume": 8430, "typical_volume": 72272.8, "trend": 27.152945, "fair_value": 21.324644, "relative_strength": 6.85117, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 71.792438, "energy": 84.959553, "activity_lines": [ 29.071804, 28.559559, 27.575955, 27.350852 ] }, { "date": "2025-06-27", "close": 29.83943, "volume": 9812, "typical_volume": 67096.6, "trend": 27.226199, "fair_value": 21.412736, "relative_strength": 8.769386, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 79.744242, "energy": 85.989485, "activity_lines": [ 29.37961, 28.887657, 27.832598, 27.524173 ] }, { "date": "2025-07-04", "close": 29.467173, "volume": 39133, "typical_volume": 67797.7, "trend": 27.289213, "fair_value": 21.496645, "relative_strength": 5.997162, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.764622, "energy": 74.713764, "activity_lines": [ 29.460139, 29.07831, 28.045779, 27.668752 ] }, { "date": "2025-07-11", "close": 29.535748, "volume": 43165, "typical_volume": 66113.95, "trend": 27.375898, "fair_value": 21.581483, "relative_strength": 6.228423, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 68.72029, "energy": 77.159899, "activity_lines": [ 29.510055, 29.232718, 28.260577, 27.81369 ] }, { "date": "2025-07-18", "close": 30.045153, "volume": 8330, "typical_volume": 65328.0, "trend": 27.508076, "fair_value": 21.664958, "relative_strength": 5.597749, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 78.472148, "energy": 79.187989, "activity_lines": [ 29.709398, 29.444238, 28.50898, 27.9859 ] }, { "date": "2025-07-25", "close": 28.801027, "volume": 13537, "typical_volume": 34150.0, "trend": 27.57089, "fair_value": 21.737327, "relative_strength": 2.095208, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 63.548156, "energy": 53.924724, "activity_lines": [ 29.437784, 29.383391, 28.623841, 28.069316 ] }, { "date": "2025-08-01", "close": 29.232063, "volume": 5832, "typical_volume": 32532.45, "trend": 27.650765, "fair_value": 21.812105, "relative_strength": 3.455603, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 51.059599, "energy": 44.363751, "activity_lines": [ 29.335903, 29.384337, 28.764921, 28.176489 ] }, { "date": "2025-08-08", "close": 29.300636, "volume": 19271, "typical_volume": 31615.95, "trend": 27.729414, "fair_value": 21.886779, "relative_strength": 1.787493, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 47.478796, "energy": 38.654776, "activity_lines": [ 29.297371, 29.380651, 28.891773, 28.282932 ] }, { "date": "2025-08-15", "close": 29.663099, "volume": 8376, "typical_volume": 31848.7, "trend": 27.821423, "fair_value": 21.963558, "relative_strength": 1.370626, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 52.360922, "energy": 35.832208, "activity_lines": [ 29.390762, 29.431312, 29.03484, 28.407686 ] }, { "date": "2025-08-22", "close": 30.877836, "volume": 21287, "typical_volume": 32446.85, "trend": 27.926786, "fair_value": 22.049294, "relative_strength": 4.941073, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 81.62574, "energy": 57.04443, "activity_lines": [ 29.880576, 29.694962, 29.276211, 28.604874 ] }, { "date": "2025-08-29", "close": 30.68191, "volume": 7122, "typical_volume": 29595.2, "trend": 28.011253, "fair_value": 22.135163, "relative_strength": 4.008722, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 73.359055, "energy": 66.81237, "activity_lines": [ 30.249568, 29.892509, 29.472879, 28.782624 ] }, { "date": "2025-09-05", "close": 30.378227, "volume": 11019, "typical_volume": 29934.8, "trend": 28.085278, "fair_value": 22.220011, "relative_strength": 4.029135, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 62.030723, "energy": 68.2086, "activity_lines": [ 30.391941, 30.007749, 29.614648, 28.935332 ] }, { "date": "2025-09-12", "close": 30.534967, "volume": 2061, "typical_volume": 29695.25, "trend": 28.155269, "fair_value": 22.306572, "relative_strength": 4.458932, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 64.118874, "energy": 69.912946, "activity_lines": [ 30.51015, 30.141691, 29.750508, 29.093376 ] }, { "date": "2025-09-19", "close": 30.270468, "volume": 20583, "typical_volume": 30065.7, "trend": 28.284124, "fair_value": 22.393588, "relative_strength": 4.464241, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 60.798385, "energy": 50.097983, "activity_lines": [ 30.457903, 30.208128, 29.843335, 29.22984 ] }, { "date": "2025-09-26", "close": 29.859024, "volume": 64146, "typical_volume": 31847.95, "trend": 28.383302, "fair_value": 22.481424, "relative_strength": 2.661833, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 55.434483, "energy": 39.686044, "activity_lines": [ 30.228017, 30.186398, 29.884179, 29.331447 ] }, { "date": "2025-10-03", "close": 30.770077, "volume": 35836, "typical_volume": 33393.45, "trend": 28.552754, "fair_value": 22.569383, "relative_strength": 3.191015, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.226675, "energy": 42.863266, "activity_lines": [ 30.369736, 30.333698, 30.000585, 29.485432 ] }, { "date": "2025-10-10", "close": 30.623133, "volume": 16674, "typical_volume": 33933.2, "trend": 28.744443, "fair_value": 22.653024, "relative_strength": 2.814515, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 59.241769, "energy": 38.837916, "activity_lines": [ 30.456597, 30.41848, 30.08928, 29.619005 ] }, { "date": "2025-10-17", "close": 30.4468, "volume": 42641, "typical_volume": 35044.55, "trend": 28.910781, "fair_value": 22.735915, "relative_strength": 1.661801, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 53.172672, "energy": 34.742758, "activity_lines": [ 30.468352, 30.44591, 30.150077, 29.728835 ] }, { "date": "2025-10-24", "close": 30.897429, "volume": 9311, "typical_volume": 19502.25, "trend": 29.073624, "fair_value": 22.81881, "relative_strength": 2.749828, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.518078, "energy": 43.99465, "activity_lines": [ 30.636195, 30.534432, 30.245308, 29.857006 ] }, { "date": "2025-10-31", "close": 30.691708, "volume": 9671, "typical_volume": 19811.85, "trend": 29.249722, "fair_value": 22.899841, "relative_strength": 3.458424, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 54.436433, "energy": 38.134552, "activity_lines": [ 30.693667, 30.563109, 30.313006, 29.961398 ] }, { "date": "2025-11-07", "close": 30.730892, "volume": 52650, "typical_volume": 22022.85, "trend": 29.433191, "fair_value": 22.979, "relative_strength": 4.739185, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 55.015134, "energy": 36.076455, "activity_lines": [ 30.708687, 30.602294, 30.37734, 30.056957 ] }, { "date": "2025-11-14", "close": 29.418192, "volume": 200080, "typical_volume": 31536.25, "trend": 29.547045, "fair_value": 23.050016, "relative_strength": 1.774023, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 18.256321, "energy": 12.093819, "activity_lines": [ 30.288754, 30.401916, 30.309326, 30.05599 ] }, { "date": "2025-11-21", "close": 28.634491, "volume": 27205, "typical_volume": 30939.85, "trend": 29.608597, "fair_value": 23.113395, "relative_strength": 1.579217, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": -14.413095, "energy": 21.20107, "activity_lines": [ 29.687916, 30.076502, 30.16868, 29.997115 ] }, { "date": "2025-11-28", "close": 29.388803, "volume": 13008, "typical_volume": 29432.0, "trend": 29.668796, "fair_value": 23.18297, "relative_strength": 1.784601, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -17.397695, "energy": 27.995555, "activity_lines": [ 29.459336, 29.922789, 30.103838, 29.982935 ] }, { "date": "2025-12-05", "close": 28.644287, "volume": 292785, "typical_volume": 43654.75, "trend": 29.706732, "fair_value": 23.250768, "relative_strength": -1.053649, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -34.689188, "energy": 50.021059, "activity_lines": [ 29.08316, 29.64974, 29.968789, 29.916838 ] }, { "date": "2025-12-12", "close": 29.212471, "volume": 20504, "typical_volume": 44003.1, "trend": 29.750837, "fair_value": 23.321772, "relative_strength": 0.117234, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -22.934531, "energy": 52.041724, "activity_lines": [ 29.032872, 29.502084, 29.894524, 29.88495 ] }, { "date": "2025-12-19", "close": 29.349617, "volume": 34399, "typical_volume": 45431.45, "trend": 29.786105, "fair_value": 23.393656, "relative_strength": 1.37321, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -30.345091, "energy": 41.45258, "activity_lines": [ 29.129528, 29.407683, 29.831361, 29.859065 ] }, { "date": "2025-12-26", "close": 29.672895, "volume": 26295, "typical_volume": 45782.65, "trend": 29.819699, "fair_value": 23.468572, "relative_strength": 0.763105, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -25.772311, "energy": 23.444201, "activity_lines": [ 29.338516, 29.395215, 29.798427, 29.851761 ] }, { "date": "2026-01-02", "close": 29.75, "volume": 23364, "typical_volume": 46532.05, "trend": 29.837027, "fair_value": 23.543591, "relative_strength": 1.338436, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -10.108325, "energy": 9.024873, "activity_lines": [ 29.503977, 29.410837, 29.771064, 29.847264 ] }, { "date": "2026-01-09", "close": 28.969999, "volume": 4885, "typical_volume": 45711.95, "trend": 29.829313, "fair_value": 23.610415, "relative_strength": -1.247574, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -46.973162, "energy": 22.924641, "activity_lines": [ 29.385359, 29.305503, 29.669001, 29.791327 ] }, { "date": "2026-01-16", "close": 29.6, "volume": 5350, "typical_volume": 45623.35, "trend": 29.842918, "fair_value": 23.679652, "relative_strength": -1.25812, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -34.705266, "energy": 16.938639, "activity_lines": [ 29.455027, 29.346019, 29.636023, 29.776532 ] }, { "date": "2026-01-23", "close": 28.950001, "volume": 12748, "typical_volume": 45709.8, "trend": 29.813271, "fair_value": 23.743152, "relative_strength": -2.93311, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -57.196322, "energy": 29.51998, "activity_lines": [ 29.282193, 29.288915, 29.546292, 29.718925 ] }, { "date": "2026-01-30", "close": 29.200001, "volume": 5251, "typical_volume": 45869.3, "trend": 29.804365, "fair_value": 23.807919, "relative_strength": -2.190515, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -51.271972, "energy": 32.935109, "activity_lines": [ 29.219334, 29.285777, 29.487172, 29.679359 ] }, { "date": "2026-02-06", "close": 29.59, "volume": 28416, "typical_volume": 46260.95, "trend": 29.806174, "fair_value": 23.87541, "relative_strength": 0.888642, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -46.668039, "energy": 23.417904, "activity_lines": [ 29.318, 29.343267, 29.471551, 29.665529 ] }, { "date": "2026-02-13", "close": 31.280001, "volume": 21667, "typical_volume": 44137.0, "trend": 29.847335, "fair_value": 23.958555, "relative_strength": 4.044213, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 29.580755, "energy": 21.739733, "activity_lines": [ 29.990667, 29.704371, 29.620124, 29.760615 ] }, { "date": "2026-02-20", "close": 32.18, "volume": 5153, "typical_volume": 42602.85, "trend": 29.959968, "fair_value": 24.046573, "relative_strength": 4.891331, "stage": 3, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 45.518798, "energy": 62.703215, "activity_lines": [ 30.809334, 30.18119, 29.847644, 29.911109 ] }, { "date": "2026-02-27", "close": 31.84, "volume": 7957, "typical_volume": 42167.0, "trend": 30.046899, "fair_value": 24.135549, "relative_strength": 2.360675, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 46.779833, "energy": 72.056708, "activity_lines": [ 31.342667, 30.542235, 30.036069, 30.032402 ] }, { "date": "2026-03-06", "close": 30.790001, "volume": 289800, "typical_volume": 54524.95, "trend": 30.096544, "fair_value": 24.219196, "relative_strength": 2.728191, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 34.869485, "energy": 67.379941, "activity_lines": [ 31.333334, 30.667091, 30.1187, 30.080344 ] }, { "date": "2026-03-13", "close": 30.809999, "volume": 18192, "typical_volume": 54969.0, "trend": 30.134774, "fair_value": 24.305774, "relative_strength": 5.356322, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 34.071772, "energy": 60.791047, "activity_lines": [ 31.224667, 30.775273, 30.2016, 30.126373 ] }, { "date": "2026-03-20", "close": 30.76, "volume": 81224, "typical_volume": 58546.65, "trend": 30.130846, "fair_value": 24.393768, "relative_strength": 7.272896, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 56.588514, "energy": 40.206808, "activity_lines": [ 31.018, 30.855091, 30.280156, 30.16671 ] }, { "date": "2026-03-27", "close": 30.360001, "volume": 55189, "typical_volume": 58673.6, "trend": 30.120116, "fair_value": 24.476397, "relative_strength": 4.604156, "stage": 3, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 38.695901, "energy": 20.435884, "activity_lines": [ 30.712667, 30.829637, 30.320291, 30.181494 ] }, { "date": "2026-04-03", "close": 30.32, "volume": 22577, "typical_volume": 49798.45, "trend": 30.118175, "fair_value": 24.557647, "relative_strength": 3.568041, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 33.396791, "energy": 19.611085, "activity_lines": [ 30.515334, 30.783091, 30.358383, 30.19439 ] }, { "date": "2026-04-10", "close": 32.200001, "volume": 8357, "typical_volume": 48856.05, "trend": 30.173676, "fair_value": 24.649156, "relative_strength": 5.137449, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 60.327111, "energy": 31.823553, "activity_lines": [ 31.046, 31.053455, 30.571228, 30.328701 ] }, { "date": "2026-04-17", "close": 31.48, "volume": 12956, "typical_volume": 48853.45, "trend": 30.213994, "fair_value": 24.73532, "relative_strength": 2.832254, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 56.437847, "energy": 34.195949, "activity_lines": [ 31.242667, 31.138364, 30.698522, 30.41298 ] }, { "date": "2026-04-24", "close": 30.5, "volume": 11753, "typical_volume": 34801.85, "trend": 30.23536, "fair_value": 24.815259, "relative_strength": 1.387462, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 49.261253, "energy": 30.062299, "activity_lines": [ 31.068, 31.010728, 30.722526, 30.431432 ] }, { "date": "2026-05-01", "close": 30.345818, "volume": 34510, "typical_volume": 35502.15, "trend": 30.221218, "fair_value": 24.897908, "relative_strength": 1.457246, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 34.027668, "energy": 22.123233, "activity_lines": [ 30.859273, 30.86924, 30.723009, 30.438559 ] }, { "date": "2026-05-08", "close": 30.405279, "volume": 19266, "typical_volume": 34745.5, "trend": 30.213956, "fair_value": 24.979201, "relative_strength": 1.409234, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 26.945394, "energy": 14.44096, "activity_lines": [ 30.671311, 30.771912, 30.723757, 30.450434 ] }, { "date": "2026-05-15", "close": 29.097099, "volume": 290052, "typical_volume": 47933.35, "trend": 30.168966, "fair_value": 25.050987, "relative_strength": -1.692382, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -28.359031, "energy": 26.427244, "activity_lines": [ 30.041604, 30.462819, 30.594891, 30.378378 ] }, { "date": "2026-05-22", "close": 29.860203, "volume": 15655, "typical_volume": 47547.9, "trend": 30.134392, "fair_value": 25.12929, "relative_strength": 0.543608, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -15.960795, "energy": 25.164354, "activity_lines": [ 29.873126, 30.323252, 30.541442, 30.358458 ] }, { "date": "2026-05-29", "close": 29.37459, "volume": 42438, "typical_volume": 49425.55, "trend": 30.090488, "fair_value": 25.205826, "relative_strength": -1.918808, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -26.580917, "energy": 41.707472, "activity_lines": [ 29.650762, 30.112662, 30.44122, 30.309439 ] }, { "date": "2026-06-05", "close": 28.879068, "volume": 2167, "typical_volume": 49266.4, "trend": 30.028761, "fair_value": 25.280138, "relative_strength": -2.335447, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -35.418476, "energy": 54.332395, "activity_lines": [ 29.338252, 29.837165, 30.291879, 30.231282 ] }, { "date": "2026-06-12", "close": 29.13674, "volume": 10237, "typical_volume": 49140.85, "trend": 30.019379, "fair_value": 25.353131, "relative_strength": -3.408394, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -36.401121, "energy": 51.644245, "activity_lines": [ 29.209416, 29.635444, 30.170511, 30.173733 ] }, { "date": "2026-06-19", "close": 29.592623, "volume": 7226, "typical_volume": 49239.6, "trend": 30.051317, "fair_value": 25.430224, "relative_strength": -2.127472, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -32.035139, "energy": 40.758499, "activity_lines": [ 29.317111, 29.538124, 30.091672, 30.1462 ] }, { "date": "2026-06-26", "close": 29.681816, "volume": 3555, "typical_volume": 47996.55, "trend": 30.061084, "fair_value": 25.505338, "relative_strength": -1.044476, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -28.927383, "energy": 28.400875, "activity_lines": [ 29.421501, 29.504429, 30.019457, 30.122361 ] }, { "date": "2026-07-03", "close": 30.17, "volume": 455, "typical_volume": 46935.95, "trend": 30.111941, "fair_value": 25.58551, "relative_strength": -0.321155, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -10.148763, "energy": 11.132551, "activity_lines": [ 29.700512, 29.592188, 29.993299, 30.129388 ] }, { "date": "2026-07-10", "close": 30.780001, "volume": 21880, "typical_volume": 47772.3, "trend": 30.164192, "fair_value": 25.665961, "relative_strength": 2.107286, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 17.048697, "energy": 18.32413, "activity_lines": [ 30.129829, 29.796857, 30.030521, 30.172489 ] }, { "date": "2026-07-17", "close": 31.0, "volume": 14022, "typical_volume": 48075.55, "trend": 30.219205, "fair_value": 25.744815, "relative_strength": 2.891976, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 26.630944, "energy": 29.696462, "activity_lines": [ 30.505751, 30.033631, 30.095363, 30.226412 ] }, { "date": "2026-07-24", "close": 31.209999, "volume": 18724, "typical_volume": 34521.75, "trend": 30.270441, "fair_value": 25.824333, "relative_strength": 3.740418, "stage": 3, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 43.078916, "energy": 48.831904, "activity_lines": [ 30.827454, 30.297774, 30.184205, 30.290334 ] }, { "date": "2026-07-31", "close": 31.83, "volume": 36275, "typical_volume": 35425.9, "trend": 30.339775, "fair_value": 25.909642, "relative_strength": 3.291938, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 52.496223, "energy": 66.993411, "activity_lines": [ 31.248, 30.636228, 30.330094, 30.390951 ] }, { "date": "2026-08-07", "close": 32.150002, "volume": 74339, "typical_volume": 35081.65, "trend": 30.445775, "fair_value": 25.99615, "relative_strength": 1.019038, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 73.102475, "energy": 80.501889, "activity_lines": [ 31.632001, 30.997049, 30.501603, 30.50774 ] } ], "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." } } }