{ "ticker": { "uuid": "c85164b4-da8c-413a-8c76-5903c1d08840", "symbol": "EPU", "name": "ISHARES TRUST MSCI PERU AND GLOBAL EXPOSURE ETF", "exchange": "NYSEARCA", "country": "US", "assetType": "etf" }, "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.", "analysis": { "eligible": true, "as_of": "2026-08-07", "benchmark": "SPY", "stage": 2, "stage_name": "Advancing", "phase": "2b", "phase_label": "Stage 2B \u00b7 Advancing", "transition": "stage_2_healthy", "transition_label": "Stage 2 trend intact", "confidence": 96.0, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Re-accelerating", "architecture_gate": "up", "architecture_direction": 68.546, "architecture_energy": 46.306, "architecture_maturity": 17.124, "architecture_confidence": 91.388, "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": 22.6, "rotation_up": 58.04, "upward_expansion": 80.32, "deceleration": 51.68, "rotation_down": 16.73, "downward_expansion": 6.99 }, "activity_lines": [ 87.3, 86.223908, 84.431299, 83.620272 ], "activity_state": "Moderate", "activity_direction": "Expanding", "rotation_direction": "Improving", "price_acceptance": 0.666667 }, "latest_close": 90.74, "trend_reference": 83.32066, "distance_from_trend": 0.089046, "trend_direction": "Improving", "fair_value": 49.48364, "distance_from_fair_value": 0.833737, "fair_value_direction": "Improving", "relative_strength": 9.61464, "relative_strength_direction": "Weakening", "price_momentum": 0.046102, "excess_performance": -0.079523, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.089046, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.079421, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.833737, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.00243, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.096146, "read": "Leading" }, { "label": "Relative strength direction", "positive": false, "value": -0.038476, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.046102, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 1.64804, "read": "Demand-led" } ], "volume": { "latest": 240707, "relative_activity": 0.667605, "balance": 1.64804, "dry_up": 0.681485, "accumulation_observations": 1, "distribution_observations": 2 }, "risk": { "range_context": 0.060175, "annualized_volatility": 0.373386, "from_high_reference": -0.03218, "from_low_reference": 0.816605 }, "levels": { "trend_reference": 83.32066, "fair_value_reference": 49.48364, "structural_low": 72.492534, "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 36, "median_return": 0.030929, "positive_rate": 0.638889, "directional_follow_through": 0.638889, "median_excess_return": 0.015002, "regime_survival": 0.805556, "best_return": 0.198048, "worst_return": -0.171648, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 14, "median_return": 0.076286, "positive_rate": 0.785714, "directional_follow_through": 0.785714, "median_excess_return": 0.017537, "regime_survival": 0.571429, "best_return": 0.23665, "worst_return": -0.280808, "sufficient": true }, { "horizon": "Extended", "sample_count": 7, "median_return": 0.154987, "positive_rate": 0.857143, "directional_follow_through": 0.857143, "median_excess_return": 0.051725, "regime_survival": 0.428571, "best_return": 0.318783, "worst_return": -0.172316, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 4, "median_return": 0.202063, "positive_rate": 1.0, "directional_follow_through": 1.0, "median_excess_return": 0.070291, "regime_survival": 0.75, "best_return": 0.701194, "worst_return": 0.018761, "sufficient": false } ], "ledger": [ { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2023-11-10", "end": "2023-12-15", "tenure": "Developing", "return": 0.156376, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2023-12-22", "end": "2023-12-29", "tenure": "New", "return": -0.002032, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-01-05", "end": "2024-06-21", "tenure": "Established", "return": 0.224767, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-06-28", "end": "2024-07-12", "tenure": "New", "return": 0.049963, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-07-19", "end": "2024-08-02", "tenure": "New", "return": -0.047294, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-08-09", "end": "2024-09-27", "tenure": "Developing", "return": 0.119157, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-10-04", "end": "2024-11-22", "tenure": "Developing", "return": -0.009581, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-11-29", "end": "2025-01-03", "tenure": "Developing", "return": -0.035487, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-01-10", "end": "2025-01-24", "tenure": "New", "return": 0.007901, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-01-31", "end": "2025-03-14", "tenure": "Developing", "return": 0.076713, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-03-21", "end": "2026-03-20", "tenure": "Extended", "return": 0.701194, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-03-27", "end": "2026-05-29", "tenure": "Developing", "return": 0.118545, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-06-05", "end": "2026-07-03", "tenure": "Developing", "return": 0.088333, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-07-10", "end": "2026-08-07", "tenure": "Developing", "return": 0.050718, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 27.695573, "volume": 144611, "typical_volume": 157260.6, "trend": 27.036555, "fair_value": 25.438077, "relative_strength": -0.102115, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 60.046471, "energy": 46.514887, "activity_lines": [ 28.8317, 28.66568, 28.007813, 27.555509 ] }, { "date": "2023-08-25", "close": 28.212581, "volume": 66171, "typical_volume": 153504.65, "trend": 27.062225, "fair_value": 25.458926, "relative_strength": 0.731467, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 43.488611, "energy": 28.863858, "activity_lines": [ 28.542396, 28.637128, 28.067713, 27.631381 ] }, { "date": "2023-09-01", "close": 28.729588, "volume": 53215, "typical_volume": 149567.8, "trend": 27.125733, "fair_value": 25.484567, "relative_strength": -0.225932, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 41.189239, "energy": 23.026268, "activity_lines": [ 28.494261, 28.699174, 28.168955, 27.738953 ] }, { "date": "2023-09-08", "close": 27.713401, "volume": 111822, "typical_volume": 145069.9, "trend": 27.18555, "fair_value": 25.509043, "relative_strength": -2.716484, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 29.770226, "energy": 23.664838, "activity_lines": [ 28.182273, 28.541127, 28.167993, 27.776867 ] }, { "date": "2023-09-15", "close": 28.220871, "volume": 34070, "typical_volume": 143569.7, "trend": 27.267217, "fair_value": 25.536001, "relative_strength": -0.998464, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 30.393373, "energy": 18.791402, "activity_lines": [ 28.151164, 28.468216, 28.212869, 27.843662 ] }, { "date": "2023-09-22", "close": 27.196393, "volume": 133311, "typical_volume": 143455.25, "trend": 27.340563, "fair_value": 25.561893, "relative_strength": -1.92619, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 9.100557, "energy": 12.342442, "activity_lines": [ 27.845161, 28.19122, 28.154397, 27.839093 ] }, { "date": "2023-09-29", "close": 26.902233, "volume": 36419, "typical_volume": 130280.25, "trend": 27.357961, "fair_value": 25.584581, "relative_strength": -2.413379, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -7.287438, "energy": 19.815647, "activity_lines": [ 27.474383, 27.892075, 28.068583, 27.810813 ] }, { "date": "2023-10-06", "close": 25.993013, "volume": 164211, "typical_volume": 127962.5, "trend": 27.378425, "fair_value": 25.598335, "relative_strength": -6.129347, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -37.608783, "energy": 44.726449, "activity_lines": [ 26.887888, 27.470214, 27.893816, 27.722752 ] }, { "date": "2023-10-13", "close": 25.957357, "volume": 50050, "typical_volume": 125155.05, "trend": 27.415404, "fair_value": 25.611606, "relative_strength": -6.675871, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -39.006817, "energy": 61.558051, "activity_lines": [ 26.471946, 27.112048, 27.717415, 27.63107 ] }, { "date": "2023-10-20", "close": 25.851994, "volume": 27068, "typical_volume": 120294.05, "trend": 27.432909, "fair_value": 25.62175, "relative_strength": -4.825729, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -44.70724, "energy": 68.235429, "activity_lines": [ 26.137953, 26.797122, 27.530155, 27.530205 ] }, { "date": "2023-10-27", "close": 25.959407, "volume": 20748, "typical_volume": 117672.45, "trend": 27.413654, "fair_value": 25.638879, "relative_strength": -2.103252, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -40.532898, "energy": 67.084933, "activity_lines": [ 25.997689, 26.562959, 27.356874, 27.435141 ] }, { "date": "2023-11-03", "close": 26.313914, "volume": 190604, "typical_volume": 122589.55, "trend": 27.405637, "fair_value": 25.650371, "relative_strength": -6.124209, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -63.674977, "energy": 66.648343, "activity_lines": [ 26.05806, 26.424819, 27.222804, 27.36419 ] }, { "date": "2023-11-10", "close": 26.073238, "volume": 65482, "typical_volume": 106240.35, "trend": 27.355061, "fair_value": 25.661644, "relative_strength": -8.08736, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.181121, "energy": 49.125302, "activity_lines": [ 26.077427, 26.277441, 27.073962, 27.278228 ] }, { "date": "2023-11-17", "close": 27.381981, "volume": 60819, "typical_volume": 102140.15, "trend": 27.36146, "fair_value": 25.674977, "relative_strength": -5.580321, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -41.278259, "energy": 27.754863, "activity_lines": [ 26.527694, 26.416314, 27.053158, 27.279965 ] }, { "date": "2023-11-24", "close": 27.566321, "volume": 25497, "typical_volume": 100900.1, "trend": 27.380098, "fair_value": 25.680727, "relative_strength": -5.804423, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -26.398333, "energy": 20.106998, "activity_lines": [ 26.944432, 26.594729, 27.049621, 27.293182 ] }, { "date": "2023-12-01", "close": 28.069958, "volume": 146918, "typical_volume": 98615.5, "trend": 27.404496, "fair_value": 25.68512, "relative_strength": -4.806979, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "mixed", "direction": 12.183631, "energy": 21.515457, "activity_lines": [ 27.41476, 26.876615, 27.0925, 27.337689 ] }, { "date": "2023-12-08", "close": 27.352387, "volume": 60447, "typical_volume": 99299.9, "trend": 27.436028, "fair_value": 25.688174, "relative_strength": -7.29363, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "mixed", "direction": 2.067342, "energy": 20.594937, "activity_lines": [ 27.505195, 27.01215, 27.071086, 27.334327 ] }, { "date": "2023-12-15", "close": 30.150469, "volume": 65774, "typical_volume": 91713.4, "trend": 27.56228, "fair_value": 25.703047, "relative_strength": -0.202114, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "mixed", "direction": 47.221597, "energy": 50.170203, "activity_lines": [ 28.459093, 27.648243, 27.325169, 27.509452 ] }, { "date": "2023-12-22", "close": 31.352111, "volume": 63021, "typical_volume": 79960.6, "trend": 27.747874, "fair_value": 25.72725, "relative_strength": 2.815144, "stage": 2, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 64.842932, "energy": 78.852298, "activity_lines": [ 29.541722, 28.427227, 27.692276, 27.753958 ] }, { "date": "2023-12-29", "close": 31.288406, "volume": 46926, "typical_volume": 78359.2, "trend": 27.902846, "fair_value": 25.750134, "relative_strength": 2.261379, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 85.253205, "energy": 91.900515, "activity_lines": [ 30.338441, 29.096541, 28.043968, 27.982379 ] }, { "date": "2024-01-05", "close": 30.696584, "volume": 78783, "typical_volume": 75067.8, "trend": 28.022613, "fair_value": 25.761436, "relative_strength": 2.031657, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 68.216512, "energy": 88.245382, "activity_lines": [ 30.689747, 29.559407, 28.329447, 28.16262 ] }, { "date": "2024-01-12", "close": 30.942577, "volume": 27139, "typical_volume": 73116.2, "trend": 28.119852, "fair_value": 25.780925, "relative_strength": 1.150955, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.618499, "energy": 87.232583, "activity_lines": [ 30.947942, 29.980869, 28.624063, 28.351005 ] }, { "date": "2024-01-19", "close": 30.284774, "volume": 24087, "typical_volume": 71659.8, "trend": 28.236466, "fair_value": 25.794404, "relative_strength": -1.960501, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.321256, "energy": 75.988782, "activity_lines": [ 30.747524, 30.198573, 28.843031, 28.490677 ] }, { "date": "2024-01-26", "close": 30.73326, "volume": 142425, "typical_volume": 73189.95, "trend": 28.350202, "fair_value": 25.815587, "relative_strength": -1.358464, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.337126, "energy": 56.292414, "activity_lines": [ 30.687647, 30.421246, 29.097306, 28.651761 ] }, { "date": "2024-02-02", "close": 30.642252, "volume": 110176, "typical_volume": 76995.25, "trend": 28.463578, "fair_value": 25.825517, "relative_strength": -2.912572, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 61.96589, "energy": 51.525982, "activity_lines": [ 30.638691, 30.56644, 29.328534, 28.799635 ] }, { "date": "2024-02-09", "close": 30.513658, "volume": 164374, "typical_volume": 78548.4, "trend": 28.516707, "fair_value": 25.828167, "relative_strength": -4.537503, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 49.329463, "energy": 42.047208, "activity_lines": [ 30.589947, 30.632327, 29.535984, 28.931898 ] }, { "date": "2024-02-16", "close": 31.906529, "volume": 36378, "typical_volume": 78546.35, "trend": 28.605422, "fair_value": 25.837081, "relative_strength": 0.169069, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 77.343184, "energy": 57.062974, "activity_lines": [ 31.017688, 30.907033, 29.860292, 29.150596 ] }, { "date": "2024-02-23", "close": 31.969052, "volume": 19425, "typical_volume": 71307.05, "trend": 28.675965, "fair_value": 25.852083, "relative_strength": -1.250806, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 74.560182, "energy": 61.145636, "activity_lines": [ 31.402008, 31.110304, 30.166724, 29.367605 ] }, { "date": "2024-03-01", "close": 32.273472, "volume": 26083, "typical_volume": 70108.7, "trend": 28.772107, "fair_value": 25.874467, "relative_strength": -1.182933, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 75.610062, "energy": 74.401085, "activity_lines": [ 31.775515, 31.335859, 30.473692, 29.599702 ] }, { "date": "2024-03-08", "close": 33.753346, "volume": 187843, "typical_volume": 78147.45, "trend": 28.923223, "fair_value": 25.901932, "relative_strength": 3.601818, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 87.844728, "energy": 91.772587, "activity_lines": [ 32.539633, 31.81373, 30.891523, 29.921072 ] }, { "date": "2024-03-15", "close": 35.638568, "volume": 70962, "typical_volume": 80658.15, "trend": 29.18799, "fair_value": 25.947322, "relative_strength": 9.278303, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 95.112966, "energy": 97.432709, "activity_lines": [ 33.724752, 32.589551, 31.451274, 30.35432 ] }, { "date": "2024-03-22", "close": 35.790187, "volume": 177323, "typical_volume": 79994.1, "trend": 29.440577, "fair_value": 26.000703, "relative_strength": 7.226597, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 91.365892, "energy": 96.631868, "activity_lines": [ 34.618749, 33.303085, 31.979374, 30.780268 ] }, { "date": "2024-03-29", "close": 35.647669, "volume": 60168, "typical_volume": 79728.4, "trend": 29.671179, "fair_value": 26.051736, "relative_strength": 6.343659, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 79.623634, "energy": 92.647285, "activity_lines": [ 35.206331, 33.902569, 32.448775, 31.180726 ] }, { "date": "2024-04-05", "close": 36.293823, "volume": 120032, "typical_volume": 82689.05, "trend": 29.957193, "fair_value": 26.098701, "relative_strength": 9.103878, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 80.888846, "energy": 92.981825, "activity_lines": [ 35.764056, 34.522028, 32.934122, 31.607993 ] }, { "date": "2024-04-12", "close": 36.325675, "volume": 46962, "typical_volume": 83762.3, "trend": 30.227354, "fair_value": 26.147983, "relative_strength": 10.712385, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 75.164961, "energy": 83.625175, "activity_lines": [ 36.064374, 35.046177, 33.380065, 32.018863 ] }, { "date": "2024-04-19", "close": 36.439435, "volume": 75442, "typical_volume": 80188.5, "trend": 30.535455, "fair_value": 26.218437, "relative_strength": 14.349928, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 73.485338, "energy": 69.454879, "activity_lines": [ 36.231125, 35.487674, 33.795132, 32.419643 ] }, { "date": "2024-04-26", "close": 37.395197, "volume": 62292, "typical_volume": 80280.75, "trend": 30.88522, "fair_value": 26.295582, "relative_strength": 14.06226, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 82.311676, "energy": 72.196069, "activity_lines": [ 36.663071, 35.995205, 34.261368, 32.862207 ] }, { "date": "2024-05-03", "close": 37.499673, "volume": 95199, "typical_volume": 81752.0, "trend": 31.268776, "fair_value": 26.366531, "relative_strength": 13.495838, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 77.406731, "energy": 69.855646, "activity_lines": [ 37.022842, 36.421938, 34.689732, 33.288945 ] }, { "date": "2024-05-10", "close": 38.760128, "volume": 236630, "typical_volume": 90432.45, "trend": 31.695535, "fair_value": 26.433724, "relative_strength": 14.840981, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 85.650636, "energy": 72.876594, "activity_lines": [ 37.679298, 36.977288, 35.203143, 33.772259 ] }, { "date": "2024-05-17", "close": 40.134343, "volume": 91115, "typical_volume": 92641.9, "trend": 32.171613, "fair_value": 26.524072, "relative_strength": 16.566791, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 90.553183, "energy": 75.517869, "activity_lines": [ 38.629405, 37.664556, 35.812156, 34.316698 ] }, { "date": "2024-05-24", "close": 39.133259, "volume": 166900, "typical_volume": 97047.75, "trend": 32.610742, "fair_value": 26.606312, "relative_strength": 13.271742, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 71.221284, "energy": 68.156899, "activity_lines": [ 38.991906, 38.05379, 36.283703, 34.765836 ] }, { "date": "2024-05-31", "close": 39.906824, "volume": 135883, "typical_volume": 102484.95, "trend": 33.063839, "fair_value": 26.684238, "relative_strength": 15.538212, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 76.231412, "energy": 69.966743, "activity_lines": [ 39.432674, 38.520133, 36.788749, 35.236551 ] }, { "date": "2024-06-07", "close": 38.081667, "volume": 365496, "typical_volume": 119555.4, "trend": 33.46412, "fair_value": 26.768699, "relative_strength": 8.648682, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.475055, "energy": 64.286779, "activity_lines": [ 39.097615, 38.579781, 37.077283, 35.560282 ] }, { "date": "2024-06-14", "close": 37.157917, "volume": 97506, "typical_volume": 117309.45, "trend": 33.789984, "fair_value": 26.860156, "relative_strength": 4.178251, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 52.291761, "energy": 48.023222, "activity_lines": [ 38.415839, 38.42722, 37.240713, 35.798592 ] }, { "date": "2024-06-21", "close": 37.596166, "volume": 136231, "typical_volume": 118612.2, "trend": 34.124312, "fair_value": 26.95313, "relative_strength": 4.540258, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 46.543827, "energy": 37.467511, "activity_lines": [ 37.98696, 38.33863, 37.415288, 36.044152 ] }, { "date": "2024-06-28", "close": 37.512246, "volume": 83365, "typical_volume": 114561.75, "trend": 34.439055, "fair_value": 27.044481, "relative_strength": 4.167545, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 38.977145, "energy": 26.086759, "activity_lines": [ 37.69932, 38.211682, 37.548756, 36.262728 ] }, { "date": "2024-07-05", "close": 39.088078, "volume": 219334, "typical_volume": 123709.55, "trend": 34.830245, "fair_value": 27.144694, "relative_strength": 6.273082, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 51.01427, "energy": 29.951212, "activity_lines": [ 38.045025, 38.351743, 37.798977, 36.562665 ] }, { "date": "2024-07-12", "close": 39.38646, "volume": 592146, "typical_volume": 152345.6, "trend": 35.138111, "fair_value": 27.250384, "relative_strength": 5.905877, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 65.178764, "energy": 41.595924, "activity_lines": [ 38.544773, 38.515276, 38.043417, 36.856614 ] }, { "date": "2024-07-19", "close": 38.248877, "volume": 176755, "typical_volume": 159879.2, "trend": 35.368003, "fair_value": 27.350539, "relative_strength": 4.783789, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 52.684891, "energy": 37.752996, "activity_lines": [ 38.578341, 38.43767, 38.144195, 37.057309 ] }, { "date": "2024-07-26", "close": 37.894548, "volume": 44371, "typical_volume": 152705.6, "trend": 35.588208, "fair_value": 27.454726, "relative_strength": 4.579381, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 51.113, "energy": 35.932864, "activity_lines": [ 38.421069, 38.304936, 38.182774, 37.220312 ] }, { "date": "2024-08-02", "close": 36.439935, "volume": 212455, "typical_volume": 159780.25, "trend": 35.779653, "fair_value": 27.552027, "relative_strength": 2.69292, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 10.297111, "energy": 9.166047, "activity_lines": [ 37.759033, 37.948451, 38.063097, 37.275262 ] }, { "date": "2024-08-09", "close": 36.701019, "volume": 395092, "typical_volume": 170668.7, "trend": 35.971601, "fair_value": 27.650114, "relative_strength": 3.3405, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 4.678385, "energy": 12.862303, "activity_lines": [ 37.255513, 37.688405, 37.96447, 37.334705 ] }, { "date": "2024-08-16", "close": 37.437651, "volume": 867806, "typical_volume": 211050.6, "trend": 36.21003, "fair_value": 27.76527, "relative_strength": 1.266725, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 9.020848, "energy": 16.630754, "activity_lines": [ 37.156674, 37.620579, 37.931661, 37.429289 ] }, { "date": "2024-08-23", "close": 37.866575, "volume": 63229, "typical_volume": 208210.45, "trend": 36.447808, "fair_value": 27.870828, "relative_strength": 0.934028, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 8.47693, "energy": 14.66888, "activity_lines": [ 37.33073, 37.642449, 37.931178, 37.536163 ] }, { "date": "2024-08-30", "close": 37.931846, "volume": 64982, "typical_volume": 209111.45, "trend": 36.690794, "fair_value": 27.975668, "relative_strength": 0.750945, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 13.934553, "energy": 8.516593, "activity_lines": [ 37.55203, 37.663302, 37.929422, 37.631907 ] }, { "date": "2024-09-06", "close": 35.923081, "volume": 174691, "typical_volume": 214073.9, "trend": 36.871108, "fair_value": 28.064479, "relative_strength": -0.56411, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": -8.378753, "energy": 9.66566, "activity_lines": [ 37.101256, 37.312822, 37.728707, 37.582377 ] }, { "date": "2024-09-13", "close": 37.814638, "volume": 62112, "typical_volume": 214064.9, "trend": 37.068045, "fair_value": 28.168412, "relative_strength": 0.553698, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 15.256204, "energy": 8.315322, "activity_lines": [ 37.315457, 37.335155, 37.710598, 37.64325 ] }, { "date": "2024-09-20", "close": 38.555838, "volume": 36800, "typical_volume": 211144.95, "trend": 37.287605, "fair_value": 28.277561, "relative_strength": 0.978126, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 40.52439, "energy": 16.96092, "activity_lines": [ 37.702483, 37.515405, 37.761083, 37.739237 ] }, { "date": "2024-09-27", "close": 41.074185, "volume": 43627, "typical_volume": 201494.8, "trend": 37.580962, "fair_value": 28.404455, "relative_strength": 6.720498, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 73.659338, "energy": 50.639607, "activity_lines": [ 38.854413, 38.168638, 38.046381, 37.983532 ] }, { "date": "2024-10-04", "close": 40.770114, "volume": 117842, "typical_volume": 202831.15, "trend": 37.814854, "fair_value": 28.521857, "relative_strength": 5.355856, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 74.461635, "energy": 69.255276, "activity_lines": [ 39.691145, 38.715217, 38.291701, 38.189284 ] }, { "date": "2024-10-11", "close": 40.887696, "volume": 46539, "typical_volume": 196813.1, "trend": 37.989825, "fair_value": 28.628026, "relative_strength": 4.172472, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 69.801959, "energy": 75.491768, "activity_lines": [ 40.377854, 39.230891, 38.545191, 38.387532 ] }, { "date": "2024-10-18", "close": 41.540407, "volume": 64287, "typical_volume": 193233.3, "trend": 38.181499, "fair_value": 28.736828, "relative_strength": 4.665423, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 75.352443, "energy": 81.155093, "activity_lines": [ 40.951158, 39.784371, 38.85249, 38.616602 ] }, { "date": "2024-10-25", "close": 41.885411, "volume": 86196, "typical_volume": 179268.3, "trend": 38.389424, "fair_value": 28.850219, "relative_strength": 6.297283, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 74.2962, "energy": 81.059598, "activity_lines": [ 41.391079, 40.312591, 39.184868, 38.855564 ] }, { "date": "2024-11-01", "close": 40.421473, "volume": 45346, "typical_volume": 176660.3, "trend": 38.527012, "fair_value": 28.957688, "relative_strength": 3.742751, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.30938, "energy": 69.669047, "activity_lines": [ 41.121049, 40.493772, 39.35971, 38.986664 ] }, { "date": "2024-11-08", "close": 40.449447, "volume": 60761, "typical_volume": 172886.8, "trend": 38.664471, "fair_value": 29.060375, "relative_strength": -1.110269, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 61.13574, "energy": 49.603802, "activity_lines": [ 40.903858, 40.633586, 39.521675, 39.110692 ] }, { "date": "2024-11-15", "close": 39.491267, "volume": 56693, "typical_volume": 171553.2, "trend": 38.766199, "fair_value": 29.161532, "relative_strength": -1.564424, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 45.17749, "energy": 31.810752, "activity_lines": [ 40.388651, 40.553411, 39.578798, 39.164033 ] }, { "date": "2024-11-22", "close": 40.379513, "volume": 56620, "typical_volume": 163417.5, "trend": 38.865676, "fair_value": 29.276115, "relative_strength": -1.178662, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 39.166523, "energy": 21.761768, "activity_lines": [ 40.262622, 40.569859, 39.711092, 39.268118 ] }, { "date": "2024-11-29", "close": 39.759438, "volume": 20991, "typical_volume": 134859.75, "trend": 38.941002, "fair_value": 29.386935, "relative_strength": -3.941139, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 34.629636, "energy": 20.847936, "activity_lines": [ 40.007294, 40.426932, 39.778181, 39.32578 ] }, { "date": "2024-12-06", "close": 39.983224, "volume": 47146, "typical_volume": 128379.3, "trend": 38.981771, "fair_value": 29.495004, "relative_strength": -4.384756, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 31.481856, "energy": 20.255511, "activity_lines": [ 39.968293, 40.30281, 39.864807, 39.39302 ] }, { "date": "2024-12-13", "close": 39.9739, "volume": 94995, "typical_volume": 130910.5, "trend": 38.976423, "fair_value": 29.602456, "relative_strength": -3.872683, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 31.4246, "energy": 16.501231, "activity_lines": [ 39.9554, 40.196829, 39.942287, 39.457029 ] }, { "date": "2024-12-20", "close": 38.65632, "volume": 53338, "typical_volume": 122954.65, "trend": 38.960525, "fair_value": 29.697813, "relative_strength": -5.258792, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 1.667699, "energy": 9.242796, "activity_lines": [ 39.535017, 39.865764, 39.884381, 39.436377 ] }, { "date": "2024-12-27", "close": 38.517129, "volume": 20731, "typical_volume": 104236.6, "trend": 38.914202, "fair_value": 29.788046, "relative_strength": -6.161674, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -4.436527, "energy": 16.01839, "activity_lines": [ 39.123901, 39.549962, 39.802664, 39.407771 ] }, { "date": "2025-01-03", "close": 38.348503, "volume": 96741, "typical_volume": 65683.35, "trend": 38.923097, "fair_value": 29.866619, "relative_strength": -6.046064, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -25.950026, "energy": 33.690573, "activity_lines": [ 38.780734, 39.258469, 39.69624, 39.371274 ] }, { "date": "2025-01-10", "close": 38.534925, "volume": 76055, "typical_volume": 66324.65, "trend": 38.968997, "fair_value": 29.936814, "relative_strength": -3.742629, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -23.250849, "energy": 45.178682, "activity_lines": [ 38.593771, 39.065179, 39.603233, 39.346231 ] }, { "date": "2025-01-17", "close": 38.900458, "volume": 103701, "typical_volume": 68260.6, "trend": 39.012473, "fair_value": 30.009986, "relative_strength": -5.648403, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -20.751294, "energy": 44.063392, "activity_lines": [ 38.625205, 38.97265, 39.541856, 39.341809 ] }, { "date": "2025-01-24", "close": 38.839376, "volume": 25460, "typical_volume": 60799.05, "trend": 39.056711, "fair_value": 30.086787, "relative_strength": -7.40701, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -18.261541, "energy": 27.373043, "activity_lines": [ 38.707841, 38.897179, 39.470049, 39.330641 ] }, { "date": "2025-01-31", "close": 38.746549, "volume": 86392, "typical_volume": 62013.05, "trend": 39.045327, "fair_value": 30.168335, "relative_strength": -6.726036, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -16.268286, "energy": 16.574747, "activity_lines": [ 38.747332, 38.816683, 39.375514, 39.310631 ] }, { "date": "2025-02-07", "close": 40.264571, "volume": 94934, "typical_volume": 64919.75, "trend": 39.074597, "fair_value": 30.247289, "relative_strength": -3.047104, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": 19.911431, "energy": 13.147344, "activity_lines": [ 39.277535, 39.041881, 39.421116, 39.389292 ] }, { "date": "2025-02-14", "close": 40.67041, "volume": 25326, "typical_volume": 64004.7, "trend": 39.155315, "fair_value": 30.325408, "relative_strength": -3.558185, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 48.842735, "energy": 30.75145, "activity_lines": [ 39.815279, 39.331683, 39.497231, 39.492247 ] }, { "date": "2025-02-21", "close": 39.525713, "volume": 18155, "typical_volume": 59020.35, "trend": 39.209687, "fair_value": 30.397299, "relative_strength": -4.804097, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 26.47241, "energy": 23.400254, "activity_lines": [ 39.829093, 39.400865, 39.466251, 39.516144 ] }, { "date": "2025-02-28", "close": 39.382866, "volume": 24664, "typical_volume": 57926.6, "trend": 39.307785, "fair_value": 30.458224, "relative_strength": -4.296316, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 33.287171, "energy": 25.101782, "activity_lines": [ 39.753607, 39.452223, 39.427592, 39.527317 ] }, { "date": "2025-03-07", "close": 39.99475, "volume": 107126, "typical_volume": 60068.55, "trend": 39.417576, "fair_value": 30.519845, "relative_strength": 0.198695, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 37.720187, "energy": 23.533913, "activity_lines": [ 39.84585, 39.601623, 39.454373, 39.571637 ] }, { "date": "2025-03-14", "close": 41.718914, "volume": 67016, "typical_volume": 59109.55, "trend": 39.560285, "fair_value": 30.592783, "relative_strength": 6.847674, "stage": 3, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 61.359863, "energy": 42.212475, "activity_lines": [ 40.4296, 40.037642, 39.652721, 39.72011 ] }, { "date": "2025-03-21", "close": 42.959804, "volume": 78141, "typical_volume": 60749.3, "trend": 39.730059, "fair_value": 30.668757, "relative_strength": 9.268086, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 81.675803, "energy": 72.961308, "activity_lines": [ 41.330025, 40.637996, 39.970042, 39.939434 ] }, { "date": "2025-03-28", "close": 42.518085, "volume": 3734654, "typical_volume": 244443.95, "trend": 39.882934, "fair_value": 30.742428, "relative_strength": 9.537148, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 71.66958, "energy": 76.723348, "activity_lines": [ 41.930583, 41.077586, 40.233207, 40.119307 ] }, { "date": "2025-04-04", "close": 38.525305, "volume": 252610, "typical_volume": 254239.8, "trend": 39.969674, "fair_value": 30.796904, "relative_strength": 8.986254, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 34.232959, "energy": 41.467819, "activity_lines": [ 41.000724, 40.725441, 40.106256, 40.031718 ] }, { "date": "2025-04-11", "close": 40.482833, "volume": 292039, "typical_volume": 266010.75, "trend": 40.058614, "fair_value": 30.871598, "relative_strength": 8.263435, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 49.338983, "energy": 28.042785, "activity_lines": [ 40.780544, 40.73492, 40.170336, 40.064825 ] }, { "date": "2025-04-18", "close": 41.555386, "volume": 65879, "typical_volume": 268255.15, "trend": 40.158599, "fair_value": 30.96089, "relative_strength": 12.58493, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 45.637643, "energy": 21.076778, "activity_lines": [ 40.885343, 40.90784, 40.336073, 40.161391 ] }, { "date": "2025-04-25", "close": 42.737117, "volume": 33145, "typical_volume": 267555.1, "trend": 40.21403, "fair_value": 31.06585, "relative_strength": 10.597393, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 62.685271, "energy": 27.641251, "activity_lines": [ 41.394955, 41.272151, 40.605803, 40.327747 ] }, { "date": "2025-05-02", "close": 42.748179, "volume": 176004, "typical_volume": 271605.55, "trend": 40.279966, "fair_value": 31.181988, "relative_strength": 7.445654, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.754138, "energy": 46.126972, "activity_lines": [ 41.923099, 41.600897, 40.863473, 40.49124 ] }, { "date": "2025-05-09", "close": 43.604586, "volume": 148284, "typical_volume": 276352.85, "trend": 40.370529, "fair_value": 31.309911, "relative_strength": 10.010811, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 69.831277, "energy": 69.118371, "activity_lines": [ 42.721373, 42.026763, 41.189494, 40.705732 ] }, { "date": "2025-05-16", "close": 42.87323, "volume": 60211, "typical_volume": 278326.85, "trend": 40.414956, "fair_value": 31.427274, "relative_strength": 2.859995, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 60.286652, "energy": 66.415679, "activity_lines": [ 42.937243, 42.242896, 41.4223, 40.867197 ] }, { "date": "2025-05-23", "close": 44.979857, "volume": 96954, "typical_volume": 278337.5, "trend": 40.518104, "fair_value": 31.550366, "relative_strength": 10.64061, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 77.748751, "energy": 75.694908, "activity_lines": [ 43.695963, 42.789717, 41.834993, 41.161706 ] }, { "date": "2025-05-30", "close": 44.864426, "volume": 103572, "typical_volume": 279713.35, "trend": 40.666203, "fair_value": 31.671978, "relative_strength": 8.447065, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 72.249525, "energy": 75.286837, "activity_lines": [ 44.187907, 43.25626, 42.205115, 41.442114 ] }, { "date": "2025-06-06", "close": 46.741729, "volume": 111748, "typical_volume": 280115.7, "trend": 40.875945, "fair_value": 31.81118, "relative_strength": 10.970031, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 82.33634, "energy": 81.327815, "activity_lines": [ 45.163798, 44.029502, 42.723887, 41.834084 ] }, { "date": "2025-06-13", "close": 46.452861, "volume": 59114, "typical_volume": 281798.4, "trend": 41.107999, "fair_value": 31.95621, "relative_strength": 10.423317, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 75.311496, "energy": 84.919078, "activity_lines": [ 45.777163, 44.673428, 43.177809, 42.193885 ] }, { "date": "2025-06-20", "close": 46.138152, "volume": 49465, "typical_volume": 279952.05, "trend": 41.299953, "fair_value": 32.107394, "relative_strength": 9.620988, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.952066, "energy": 80.560459, "activity_lines": [ 46.09574, 45.115998, 43.565503, 42.518411 ] }, { "date": "2025-06-27", "close": 47.519945, "volume": 57903, "typical_volume": 278100.5, "trend": 41.558637, "fair_value": 32.269794, "relative_strength": 8.894537, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 78.40408, "energy": 83.129916, "activity_lines": [ 46.657253, 45.706978, 44.049599, 42.919701 ] }, { "date": "2025-07-04", "close": 49.058536, "volume": 82107, "typical_volume": 280939.55, "trend": 41.861147, "fair_value": 32.445841, "relative_strength": 10.332954, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 87.503475, "energy": 92.293028, "activity_lines": [ 47.562291, 46.469256, 44.645678, 43.403565 ] }, { "date": "2025-07-11", "close": 47.853143, "volume": 123442, "typical_volume": 286203.9, "trend": 42.123789, "fair_value": 32.622443, "relative_strength": 7.757786, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 70.024962, "energy": 86.133583, "activity_lines": [ 47.785924, 46.897437, 45.087014, 43.790145 ] }, { "date": "2025-07-18", "close": 47.353346, "volume": 133668, "typical_volume": 291654.1, "trend": 42.413689, "fair_value": 32.785311, "relative_strength": 5.818965, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.20058, "energy": 81.311762, "activity_lines": [ 47.768863, 47.141927, 45.441096, 44.127536 ] }, { "date": "2025-07-25", "close": 48.617539, "volume": 68429, "typical_volume": 289719.25, "trend": 42.75037, "fair_value": 32.954966, "relative_strength": 6.852192, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 74.855104, "energy": 82.151819, "activity_lines": [ 48.113168, 47.548112, 45.877623, 44.527785 ] }, { "date": "2025-08-01", "close": 47.382745, "volume": 49844, "typical_volume": 288860.65, "trend": 43.051511, "fair_value": 33.117858, "relative_strength": 6.514239, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.0785, "energy": 56.906341, "activity_lines": [ 47.880583, 47.625347, 46.155489, 44.826647 ] }, { "date": "2025-08-08", "close": 50.685328, "volume": 55643, "typical_volume": 287735.75, "trend": 43.456525, "fair_value": 33.293035, "relative_strength": 10.880782, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 85.12557, "energy": 65.977125, "activity_lines": [ 48.758005, 48.259363, 46.720917, 45.319152 ] }, { "date": "2025-08-15", "close": 51.147493, "volume": 61932, "typical_volume": 104099.65, "trend": 43.864759, "fair_value": 33.477647, "relative_strength": 10.474158, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 82.894878, "energy": 69.950361, "activity_lines": [ 49.681029, 48.871574, 47.293572, 45.815343 ] }, { "date": "2025-08-22", "close": 52.16512, "volume": 70521, "typical_volume": 94995.2, "trend": 44.308951, "fair_value": 33.667301, "relative_strength": 11.967456, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 83.541736, "energy": 77.803245, "activity_lines": [ 50.723639, 49.588703, 47.922051, 46.35085 ] }, { "date": "2025-08-29", "close": 52.723717, "volume": 90796, "typical_volume": 84933.05, "trend": 44.774856, "fair_value": 33.868488, "relative_strength": 12.803211, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 81.703342, "energy": 90.604415, "activity_lines": [ 51.631663, 50.303536, 48.538778, 46.893739 ] }, { "date": "2025-09-05", "close": 55.369702, "volume": 128552, "typical_volume": 88066.7, "trend": 45.278361, "fair_value": 34.08022, "relative_strength": 17.494668, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 91.162726, "energy": 95.891416, "activity_lines": [ 53.147937, 51.37972, 49.349215, 47.577277 ] }, { "date": "2025-09-12", "close": 56.612336, "volume": 66536, "typical_volume": 89736.25, "trend": 45.809758, "fair_value": 34.303811, "relative_strength": 17.71369, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 91.097753, "energy": 96.025645, "activity_lines": [ 54.545958, 52.539114, 50.212215, 48.308501 ] }, { "date": "2025-09-19", "close": 56.654672, "volume": 129389, "typical_volume": 87405.5, "trend": 46.380723, "fair_value": 34.536449, "relative_strength": 15.857331, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 82.630501, "energy": 92.583491, "activity_lines": [ 55.562958, 53.568864, 51.013174, 49.008173 ] }, { "date": "2025-09-26", "close": 58.113688, "volume": 110232, "typical_volume": 85502.9, "trend": 47.005084, "fair_value": 34.774382, "relative_strength": 18.71181, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 85.799597, "energy": 93.968618, "activity_lines": [ 56.69915, 54.703862, 51.886866, 49.765139 ] }, { "date": "2025-10-03", "close": 61.063472, "volume": 410892, "typical_volume": 103036.95, "trend": 47.707375, "fair_value": 35.024477, "relative_strength": 22.746315, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 93.351699, "energy": 95.538013, "activity_lines": [ 58.422033, 56.179542, 52.972399, 50.672131 ] }, { "date": "2025-10-10", "close": 59.691479, "volume": 199255, "typical_volume": 108152.0, "trend": 48.30646, "fair_value": 35.270713, "relative_strength": 22.330082, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 75.889412, "energy": 79.59384, "activity_lines": [ 59.131602, 57.179478, 53.840645, 51.445299 ] }, { "date": "2025-10-17", "close": 61.710268, "volume": 633521, "typical_volume": 134649.45, "trend": 48.931476, "fair_value": 35.525174, "relative_strength": 23.636011, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 83.834423, "energy": 73.672651, "activity_lines": [ 60.225981, 58.322672, 54.831102, 52.310061 ] }, { "date": "2025-10-24", "close": 60.387275, "volume": 171259, "typical_volume": 137625.0, "trend": 49.527116, "fair_value": 35.767095, "relative_strength": 18.205339, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.014924, "energy": 67.63782, "activity_lines": [ 60.539501, 59.024869, 55.615341, 53.049145 ] }, { "date": "2025-10-31", "close": 61.524069, "volume": 146764, "typical_volume": 142007.5, "trend": 50.293741, "fair_value": 36.007254, "relative_strength": 19.018094, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 72.567278, "energy": 68.138537, "activity_lines": [ 60.983112, 59.765759, 56.442868, 53.823142 ] }, { "date": "2025-11-07", "close": 60.534275, "volume": 147775, "typical_volume": 146923.0, "trend": 50.962122, "fair_value": 36.23317, "relative_strength": 18.3846, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.621258, "energy": 64.81765, "activity_lines": [ 60.869433, 60.156524, 57.10436, 54.483822 ] }, { "date": "2025-11-14", "close": 61.092872, "volume": 421087, "typical_volume": 165082.2, "trend": 51.613372, "fair_value": 36.466506, "relative_strength": 18.62725, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.973067, "energy": 60.735636, "activity_lines": [ 60.977232, 60.506842, 57.7505, 55.137418 ] }, { "date": "2025-11-21", "close": 58.446886, "volume": 108070, "typical_volume": 166380.35, "trend": 52.137031, "fair_value": 36.680084, "relative_strength": 15.131425, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 50.570463, "energy": 46.658312, "activity_lines": [ 60.10961, 60.272014, 58.080008, 55.57829 ] }, { "date": "2025-11-28", "close": 63.18026, "volume": 127045, "typical_volume": 166560.5, "trend": 52.8181, "fair_value": 36.921755, "relative_strength": 19.254968, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 74.334056, "energy": 53.086132, "activity_lines": [ 61.037339, 60.864444, 58.815607, 56.290757 ] }, { "date": "2025-12-05", "close": 65.689047, "volume": 283583, "typical_volume": 174056.25, "trend": 53.554249, "fair_value": 37.180276, "relative_strength": 22.685195, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 82.120929, "energy": 61.242361, "activity_lines": [ 62.61513, 61.79437, 59.717151, 57.12114 ] }, { "date": "2025-12-12", "close": 67.913635, "volume": 241986, "typical_volume": 182734.1, "trend": 54.388929, "fair_value": 37.460077, "relative_strength": 26.553382, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 83.833358, "energy": 66.853193, "activity_lines": [ 64.656786, 62.991032, 60.743249, 58.047552 ] }, { "date": "2025-12-19", "close": 70.062012, "volume": 224034, "typical_volume": 191443.6, "trend": 55.225001, "fair_value": 37.750245, "relative_strength": 29.241159, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 86.25118, "energy": 90.76571, "activity_lines": [ 66.92261, 64.453761, 61.882067, 59.058719 ] }, { "date": "2025-12-26", "close": 72.590936, "volume": 165223, "typical_volume": 196922.6, "trend": 56.149218, "fair_value": 38.055564, "relative_strength": 30.76838, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 86.980726, "energy": 94.193234, "activity_lines": [ 69.433466, 66.187738, 63.153739, 60.179102 ] }, { "date": "2026-01-02", "close": 71.547878, "volume": 173047, "typical_volume": 202478.35, "trend": 56.97609, "fair_value": 38.343816, "relative_strength": 29.027256, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 75.80923, "energy": 90.336074, "activity_lines": [ 70.653699, 67.534238, 64.22176, 61.172564 ] }, { "date": "2026-01-09", "close": 76.940291, "volume": 385383, "typical_volume": 218221.45, "trend": 57.992337, "fair_value": 38.657761, "relative_strength": 35.173435, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 90.725695, "energy": 95.601069, "activity_lines": [ 73.113562, 69.658257, 65.706199, 62.460577 ] }, { "date": "2026-01-16", "close": 81.309327, "volume": 705078, "typical_volume": 248935.55, "trend": 59.16471, "fair_value": 39.003452, "relative_strength": 41.629983, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 94.075682, "energy": 97.144796, "activity_lines": [ 76.279688, 72.296351, 67.48876, 63.964899 ] }, { "date": "2026-01-23", "close": 86.967425, "volume": 1821635, "typical_volume": 333589.7, "trend": 60.479626, "fair_value": 39.385022, "relative_strength": 49.882377, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 96.497981, "energy": 98.305766, "activity_lines": [ 80.4388, 75.585462, 69.674065, 65.758622 ] }, { "date": "2026-01-30", "close": 85.215874, "volume": 1255345, "typical_volume": 393030.15, "trend": 61.68487, "fair_value": 39.759327, "relative_strength": 44.368972, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 82.262964, "energy": 92.238363, "activity_lines": [ 82.887034, 78.085663, 71.542091, 67.354509 ] }, { "date": "2026-02-06", "close": 86.741101, "volume": 869951, "typical_volume": 430058.25, "trend": 62.981136, "fair_value": 40.149213, "relative_strength": 45.346492, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 78.651312, "energy": 87.079721, "activity_lines": [ 85.002015, 80.376469, 73.419169, 68.97104 ] }, { "date": "2026-02-13", "close": 85.284756, "volume": 928285, "typical_volume": 470960.9, "trend": 64.245516, "fair_value": 40.530712, "relative_strength": 42.932976, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.228009, "energy": 68.11455, "activity_lines": [ 85.618666, 81.974106, 75.014279, 70.409983 ] }, { "date": "2026-02-20", "close": 88.226966, "volume": 1127999, "typical_volume": 506816.25, "trend": 65.56583, "fair_value": 40.936039, "relative_strength": 44.273042, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 75.190824, "energy": 69.626742, "activity_lines": [ 86.659755, 83.750405, 76.760213, 71.957174 ] }, { "date": "2026-02-27", "close": 92.340158, "volume": 569886, "typical_volume": 525347.8, "trend": 67.064411, "fair_value": 41.358858, "relative_strength": 49.565868, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 83.836014, "energy": 72.523142, "activity_lines": [ 88.610733, 85.905223, 78.76853, 73.68455 ] }, { "date": "2026-03-06", "close": 81.860376, "volume": 735497, "typical_volume": 530446.6, "trend": 68.103579, "fair_value": 41.720918, "relative_strength": 33.803231, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.184218, "energy": 60.762457, "activity_lines": [ 86.710268, 85.749569, 79.623302, 74.639128 ] }, { "date": "2026-03-13", "close": 78.790243, "volume": 691438, "typical_volume": 556455.55, "trend": 69.025004, "fair_value": 42.066701, "relative_strength": 29.543127, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 49.983819, "energy": 45.11072, "activity_lines": [ 84.010125, 84.867174, 80.089728, 75.32859 ] }, { "date": "2026-03-20", "close": 73.082944, "volume": 537346, "typical_volume": 575984.65, "trend": 69.722265, "fair_value": 42.37283, "relative_strength": 21.458428, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 27.345789, "energy": 20.688349, "activity_lines": [ 79.937607, 82.815409, 79.924968, 75.590393 ] }, { "date": "2026-03-27", "close": 75.454425, "volume": 468437, "typical_volume": 592017.75, "trend": 70.479955, "fair_value": 42.686403, "relative_strength": 27.166693, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 22.744108, "energy": 28.115313, "activity_lines": [ 77.469036, 81.264956, 79.931022, 75.96021 ] }, { "date": "2026-04-03", "close": 80.256429, "volume": 328962, "typical_volume": 587411.5, "trend": 71.309512, "fair_value": 43.030647, "relative_strength": 29.570989, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 21.64195, "energy": 24.486668, "activity_lines": [ 77.452636, 80.694048, 80.323361, 76.59095 ] }, { "date": "2026-04-10", "close": 84.330259, "volume": 452436, "typical_volume": 604629.8, "trend": 72.233443, "fair_value": 43.394363, "relative_strength": 30.15627, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 27.621069, "energy": 19.731317, "activity_lines": [ 79.599761, 80.985853, 81.012428, 77.430998 ] }, { "date": "2026-04-17", "close": 83.80873, "volume": 606993, "typical_volume": 628627.2, "trend": 73.138579, "fair_value": 43.757304, "relative_strength": 22.817568, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 40.33338, "energy": 22.585363, "activity_lines": [ 81.408384, 81.198938, 81.528573, 78.177791 ] }, { "date": "2026-04-24", "close": 80.187547, "volume": 244349, "typical_volume": 626665.5, "trend": 73.874374, "fair_value": 44.098203, "relative_strength": 16.099794, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 33.930644, "energy": 24.168704, "activity_lines": [ 81.675381, 80.806941, 81.601611, 78.632563 ] }, { "date": "2026-05-01", "close": 77.44214, "volume": 445123, "typical_volume": 636822.35, "trend": 74.420329, "fair_value": 44.419384, "relative_strength": 10.396801, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 25.38659, "energy": 18.657557, "activity_lines": [ 80.553602, 80.008456, 81.344142, 78.862742 ] }, { "date": "2026-05-08", "close": 81.998139, "volume": 522477, "typical_volume": 651744.5, "trend": 75.163885, "fair_value": 44.775741, "relative_strength": 13.46229, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 33.511377, "energy": 17.90813, "activity_lines": [ 80.817974, 80.234422, 81.475204, 79.351632 ] }, { "date": "2026-05-15", "close": 78.731202, "volume": 379221, "typical_volume": 662444.4, "trend": 75.731249, "fair_value": 45.111435, "relative_strength": 8.002479, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 13.971305, "energy": 9.027766, "activity_lines": [ 79.877254, 80.054437, 81.23829, 79.581782 ] }, { "date": "2026-05-22", "close": 81.279806, "volume": 200655, "typical_volume": 663824.8, "trend": 76.427667, "fair_value": 45.467176, "relative_strength": 9.878818, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 18.146925, "energy": 9.330009, "activity_lines": [ 80.159339, 80.394728, 81.214861, 79.939753 ] }, { "date": "2026-05-29", "close": 84.39914, "volume": 218993, "typical_volume": 655505.3, "trend": 77.190169, "fair_value": 45.837431, "relative_strength": 11.71206, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 42.410524, "energy": 21.39023, "activity_lines": [ 81.649797, 81.256905, 81.442169, 80.454042 ] }, { "date": "2026-06-05", "close": 77.304377, "volume": 704386, "typical_volume": 655470.7, "trend": 77.749173, "fair_value": 46.159231, "relative_strength": 4.426651, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 5.834382, "energy": 3.613284, "activity_lines": [ 80.49456, 80.623377, 80.958267, 80.46141 ] }, { "date": "2026-06-12", "close": 86.160531, "volume": 646414, "typical_volume": 596709.65, "trend": 78.584761, "fair_value": 46.531892, "relative_strength": 14.906337, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 58.004795, "energy": 28.689797, "activity_lines": [ 82.30056, 81.566423, 81.336879, 81.004078 ] }, { "date": "2026-06-19", "close": 87.825, "volume": 312904, "typical_volume": 549587.6, "trend": 79.564032, "fair_value": 46.923166, "relative_strength": 15.192631, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 62.301724, "energy": 47.218549, "activity_lines": [ 84.383889, 82.704753, 81.877855, 81.600223 ] }, { "date": "2026-06-26", "close": 83.4, "volume": 323882, "typical_volume": 522284.15, "trend": 80.238023, "fair_value": 47.282645, "relative_strength": 11.29189, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 48.910389, "energy": 38.118108, "activity_lines": [ 84.385966, 82.974997, 81.984977, 81.847705 ] }, { "date": "2026-07-03", "close": 84.1329, "volume": 150833, "typical_volume": 483411.55, "trend": 80.852818, "fair_value": 47.647337, "relative_strength": 9.202334, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 49.967016, "energy": 45.94862, "activity_lines": [ 84.490996, 83.385926, 82.17781, 82.098987 ] }, { "date": "2026-07-10", "close": 86.36, "volume": 222145, "typical_volume": 438118.85, "trend": 81.467697, "fair_value": 48.015544, "relative_strength": 9.831462, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 55.129898, "energy": 46.97592, "activity_lines": [ 85.356142, 84.130049, 82.588232, 82.454289 ] }, { "date": "2026-07-17", "close": 84.51, "volume": 156792, "typical_volume": 417464.15, "trend": 81.949297, "fair_value": 48.369806, "relative_strength": 8.415815, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 49.02605, "energy": 27.02009, "activity_lines": [ 85.000913, 84.375665, 82.831354, 82.650567 ] }, { "date": "2026-07-24", "close": 85.5, "volume": 289370, "typical_volume": 395157.8, "trend": 82.379599, "fair_value": 48.726519, "relative_strength": 9.558501, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 51.027734, "energy": 28.100384, "activity_lines": [ 85.08572, 84.755612, 83.206049, 82.879644 ] }, { "date": "2026-07-31", "close": 85.98, "volume": 295977, "typical_volume": 375384.75, "trend": 82.86067, "fair_value": 49.08928, "relative_strength": 8.229279, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 51.760724, "energy": 29.772362, "activity_lines": [ 85.485527, 85.099762, 83.609126, 83.111928 ] }, { "date": "2026-08-07", "close": 90.74, "volume": 240707, "typical_volume": 360552.8, "trend": 83.32066, "fair_value": 49.48364, "relative_strength": 9.61464, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 68.545552, "energy": 46.305933, "activity_lines": [ 87.3, 86.223908, 84.431299, 83.620272 ] } ], "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." } } }