{ "ticker": { "uuid": "c8deeb86-721c-4004-82cb-6e699b001664", "symbol": "XSVM", "name": "INVESCO EXCHANGE TRADED FD TR S&P SMALLCAP VALUE WITH MOMENTUM 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": "Established expansion", "architecture_gate": "up", "architecture_direction": 65.179, "architecture_energy": 58.949, "architecture_maturity": 56.307, "architecture_confidence": 87.697, "architecture_tenure": "Established", "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": 6.79, "rotation_up": 61.21, "upward_expansion": 85.66, "deceleration": 62.66, "rotation_down": 23.35, "downward_expansion": 10.0 }, "activity_lines": [ 70.916527, 70.402449, 68.738983, 66.993989 ], "activity_state": "Wide", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.833333 }, "latest_close": 70.7211, "trend_reference": 64.932966, "distance_from_trend": 0.08914, "trend_direction": "Improving", "fair_value": 54.260202, "distance_from_fair_value": 0.30337, "fair_value_direction": "Improving", "relative_strength": 3.247242, "relative_strength_direction": "Weakening", "price_momentum": 0.105506, "excess_performance": -0.020119, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.08914, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.071489, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.30337, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.026515, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.032472, "read": "Leading" }, { "label": "Relative strength direction", "positive": false, "value": -0.014869, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.105506, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 1.517954, "read": "Demand-led" } ], "volume": { "latest": 171655, "relative_activity": 1.214277, "balance": 1.517954, "dry_up": 1.33988, "accumulation_observations": 4, "distribution_observations": 3 }, "risk": { "range_context": 0.030267, "annualized_volatility": 0.158288, "from_high_reference": -0.03082, "from_low_reference": 0.366145 }, "levels": { "trend_reference": 64.932966, "fair_value_reference": 54.260202, "structural_low": 57.200403, "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 25, "median_return": 0.00438, "positive_rate": 0.56, "directional_follow_through": 0.56, "median_excess_return": -0.006013, "regime_survival": 0.64, "best_return": 0.077606, "worst_return": -0.106613, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 11, "median_return": -0.02161, "positive_rate": 0.272727, "directional_follow_through": 0.272727, "median_excess_return": -0.04293, "regime_survival": 0.272727, "best_return": 0.189304, "worst_return": -0.172132, "sufficient": true }, { "horizon": "Extended", "sample_count": 6, "median_return": 0.011069, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": -0.057159, "regime_survival": 0.5, "best_return": 0.117056, "worst_return": -0.039452, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 3, "median_return": 0.023213, "positive_rate": 0.666667, "directional_follow_through": 0.666667, "median_excess_return": -0.166031, "regime_survival": 0.333333, "best_return": 0.066968, "worst_return": -0.149999, "sufficient": false } ], "ledger": [ { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2024-06-28", "end": "2024-07-26", "tenure": "Developing", "return": 0.115693, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-08-02", "end": "2024-08-30", "tenure": "Developing", "return": 0.02902, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-09-06", "end": "2024-11-08", "tenure": "Developing", "return": 0.111051, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-11-15", "end": "2024-12-27", "tenure": "Developing", "return": -0.05655, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-01-03", "end": "2025-01-31", "tenure": "Developing", "return": 0.018785, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-02-07", "end": "2025-03-07", "tenure": "Developing", "return": -0.06125, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-03-14", "end": "2025-06-13", "tenure": "Established", "return": -0.003383, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-06-20", "end": "2025-07-04", "tenure": "New", "return": 0.088959, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-07-11", "end": "2025-08-15", "tenure": "Developing", "return": 0.023243, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-08-22", "end": "2025-10-10", "tenure": "Developing", "return": -0.050668, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-10-17", "end": "2025-12-05", "tenure": "Developing", "return": 0.042512, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-12-12", "end": "2026-03-13", "tenure": "Established", "return": -0.008355, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-03-20", "end": "2026-04-17", "tenure": "Developing", "return": 0.128403, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-04-24", "end": "2026-08-07", "tenure": "Established", "return": 0.08145, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 46.053263, "volume": 179526, "typical_volume": 384556.5, "trend": 44.217396, "fair_value": 43.057368, "relative_strength": -3.161542, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 37.550243, "energy": 62.274619, "activity_lines": [ 46.807396, 46.087675, 44.645058, 44.149723 ] }, { "date": "2023-08-25", "close": 45.570088, "volume": 282368, "typical_volume": 372006.6, "trend": 44.18893, "fair_value": 43.187273, "relative_strength": -4.752878, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 59.94569, "energy": 45.60959, "activity_lines": [ 46.379802, 46.139908, 44.832007, 44.236994 ] }, { "date": "2023-09-01", "close": 47.607004, "volume": 211168, "typical_volume": 359083.8, "trend": 44.135212, "fair_value": 43.332051, "relative_strength": -2.880931, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 71.437533, "energy": 47.978207, "activity_lines": [ 46.675391, 46.519213, 45.19434, 44.457515 ] }, { "date": "2023-09-08", "close": 45.522718, "volume": 176729, "typical_volume": 351822.5, "trend": 44.067845, "fair_value": 43.469083, "relative_strength": -5.849379, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 44.905475, "energy": 31.370091, "activity_lines": [ 46.262324, 46.422062, 45.3361, 44.547031 ] }, { "date": "2023-09-15", "close": 45.712198, "volume": 217889, "typical_volume": 334237.1, "trend": 43.992994, "fair_value": 43.603048, "relative_strength": -5.229551, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 41.57192, "energy": 27.630998, "activity_lines": [ 46.044421, 46.331628, 45.480889, 44.653118 ] }, { "date": "2023-09-22", "close": 44.858908, "volume": 448348, "typical_volume": 321148.8, "trend": 43.936431, "fair_value": 43.739831, "relative_strength": -4.125714, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 36.487759, "energy": 21.762823, "activity_lines": [ 45.633039, 46.053838, 45.524405, 44.708984 ] }, { "date": "2023-09-29", "close": 45.800603, "volume": 283568, "typical_volume": 310705.1, "trend": 43.86045, "fair_value": 43.87129, "relative_strength": -1.394811, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 32.396375, "energy": 21.468989, "activity_lines": [ 45.615179, 45.953307, 45.638024, 44.829253 ] }, { "date": "2023-10-06", "close": 44.440377, "volume": 716199, "typical_volume": 323819.45, "trend": 43.881517, "fair_value": 43.982325, "relative_strength": -4.65196, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 19.108957, "energy": 17.208721, "activity_lines": [ 45.128542, 45.613328, 45.596502, 44.866668 ] }, { "date": "2023-10-13", "close": 44.288184, "volume": 389211, "typical_volume": 321640.4, "trend": 44.005087, "fair_value": 44.093173, "relative_strength": -5.210274, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 1.257337, "energy": 13.754122, "activity_lines": [ 44.802283, 45.299463, 45.527522, 44.892904 ] }, { "date": "2023-10-20", "close": 43.536731, "volume": 297323, "typical_volume": 320740.9, "trend": 44.081115, "fair_value": 44.197757, "relative_strength": -4.380235, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -8.034448, "energy": 19.74999, "activity_lines": [ 44.307842, 44.907418, 45.374199, 44.862688 ] }, { "date": "2023-10-27", "close": 42.908935, "volume": 318129, "typical_volume": 317220.0, "trend": 44.07961, "fair_value": 44.313054, "relative_strength": -3.154724, "stage": 4, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -34.000228, "energy": 43.851821, "activity_lines": [ 43.749167, 44.465586, 45.156604, 44.787063 ] }, { "date": "2023-11-03", "close": 45.657922, "volume": 504653, "typical_volume": 315595.7, "trend": 44.212793, "fair_value": 44.438499, "relative_strength": -2.400634, "stage": 4, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 9.420924, "energy": 22.054659, "activity_lines": [ 44.236819, 44.58074, 45.204626, 44.88889 ] }, { "date": "2023-11-10", "close": 44.49745, "volume": 440178, "typical_volume": 323296.05, "trend": 44.263623, "fair_value": 44.542663, "relative_strength": -5.879821, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 4.863102, "energy": 12.531069, "activity_lines": [ 44.347159, 44.483302, 45.130374, 44.907255 ] }, { "date": "2023-11-17", "close": 46.542544, "volume": 472915, "typical_volume": 331391.35, "trend": 44.402736, "fair_value": 44.652558, "relative_strength": -3.527417, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 40.847084, "energy": 19.49866, "activity_lines": [ 45.135392, 44.814237, 45.240166, 45.054282 ] }, { "date": "2023-11-24", "close": 46.84693, "volume": 222610, "typical_volume": 333792.6, "trend": 44.580612, "fair_value": 44.754792, "relative_strength": -3.594121, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 49.048229, "energy": 33.491735, "activity_lines": [ 45.874797, 45.181973, 45.366828, 45.211972 ] }, { "date": "2023-12-01", "close": 48.073987, "volume": 357437, "typical_volume": 333551.15, "trend": 44.824863, "fair_value": 44.859685, "relative_strength": -1.675904, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 70.229763, "energy": 55.295674, "activity_lines": [ 46.802541, 45.752178, 45.596512, 45.437351 ] }, { "date": "2023-12-08", "close": 48.387885, "volume": 266615, "typical_volume": 328884.5, "trend": 45.090269, "fair_value": 44.969684, "relative_strength": -1.095986, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 73.85771, "energy": 72.4764, "activity_lines": [ 47.49058, 46.320999, 45.842363, 45.667223 ] }, { "date": "2023-12-15", "close": 50.490052, "volume": 408291, "typical_volume": 333123.15, "trend": 45.382665, "fair_value": 45.09078, "relative_strength": 0.888929, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 83.809461, "energy": 82.691066, "activity_lines": [ 48.697344, 47.224992, 46.278161, 46.015596 ] }, { "date": "2023-12-22", "close": 51.927084, "volume": 561464, "typical_volume": 349508.15, "trend": 45.726735, "fair_value": 45.219098, "relative_strength": 2.905106, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 87.775819, "energy": 89.245389, "activity_lines": [ 49.983612, 48.280268, 46.836097, 46.437817 ] }, { "date": "2023-12-29", "close": 51.726556, "volume": 284222, "typical_volume": 351942.15, "trend": 46.031101, "fair_value": 45.346424, "relative_strength": 2.249951, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 79.263887, "energy": 89.311667, "activity_lines": [ 50.844069, 49.160196, 47.353868, 46.824902 ] }, { "date": "2024-01-05", "close": 50.141434, "volume": 349375, "typical_volume": 360434.6, "trend": 46.245522, "fair_value": 45.449171, "relative_strength": 0.812367, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 67.048796, "energy": 82.818273, "activity_lines": [ 50.850842, 49.603015, 47.698531, 47.090085 ] }, { "date": "2024-01-12", "close": 49.453911, "volume": 390647, "typical_volume": 365848.55, "trend": 46.454321, "fair_value": 45.539292, "relative_strength": -2.171761, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 64.240095, "energy": 67.847845, "activity_lines": [ 50.490612, 49.789328, 47.958248, 47.297078 ] }, { "date": "2024-01-19", "close": 49.320226, "volume": 390061, "typical_volume": 374793.2, "trend": 46.690172, "fair_value": 45.620754, "relative_strength": -3.344672, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 59.43654, "energy": 47.037052, "activity_lines": [ 50.014751, 49.882318, 48.186739, 47.481975 ] }, { "date": "2024-01-26", "close": 50.828957, "volume": 568421, "typical_volume": 394377.8, "trend": 46.917891, "fair_value": 45.694596, "relative_strength": -1.191857, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 55.657618, "energy": 39.484525, "activity_lines": [ 50.11979, 50.161936, 48.550761, 47.748993 ] }, { "date": "2024-02-02", "close": 50.361059, "volume": 418864, "typical_volume": 404426.55, "trend": 47.131908, "fair_value": 45.779828, "relative_strength": -3.134874, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 47.934144, "energy": 35.960676, "activity_lines": [ 50.14207, 50.278546, 48.844953, 47.971133 ] }, { "date": "2024-02-09", "close": 50.781212, "volume": 313107, "typical_volume": 397664.5, "trend": 47.318244, "fair_value": 45.860604, "relative_strength": -3.361585, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 52.763152, "energy": 39.604887, "activity_lines": [ 50.395435, 50.407654, 49.157022, 48.206572 ] }, { "date": "2024-02-16", "close": 51.631067, "volume": 472543, "typical_volume": 407113.25, "trend": 47.49817, "fair_value": 45.948947, "relative_strength": -1.118093, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 70.281979, "energy": 51.843978, "activity_lines": [ 50.889433, 50.64206, 49.521828, 48.484819 ] }, { "date": "2024-02-23", "close": 51.459186, "volume": 594064, "typical_volume": 401006.5, "trend": 47.633524, "fair_value": 46.027706, "relative_strength": -2.745045, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.220349, "energy": 54.353222, "activity_lines": [ 51.180994, 50.786247, 49.8425, 48.740368 ] }, { "date": "2024-03-01", "close": 52.375883, "volume": 296575, "typical_volume": 396374.7, "trend": 47.79596, "fair_value": 46.094151, "relative_strength": -1.63905, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 73.847681, "energy": 63.900992, "activity_lines": [ 51.635523, 51.079486, 50.217054, 49.046327 ] }, { "date": "2024-03-08", "close": 51.946181, "volume": 255420, "typical_volume": 394279.55, "trend": 47.958284, "fair_value": 46.120874, "relative_strength": -1.98107, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.212241, "energy": 60.804019, "activity_lines": [ 51.843689, 51.286437, 50.512171, 49.314083 ] }, { "date": "2024-03-15", "close": 51.745654, "volume": 213436, "typical_volume": 389044.9, "trend": 48.148031, "fair_value": 46.162748, "relative_strength": -2.229339, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.131527, "energy": 53.696536, "activity_lines": [ 51.879339, 51.452936, 50.748146, 49.558429 ] }, { "date": "2024-03-22", "close": 53.19349, "volume": 329107, "typical_volume": 380267.6, "trend": 48.402144, "fair_value": 46.218352, "relative_strength": -1.620582, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 74.596295, "energy": 60.681955, "activity_lines": [ 52.333304, 51.85351, 51.07993, 49.883943 ] }, { "date": "2024-03-29", "close": 54.593319, "volume": 263863, "typical_volume": 371451.85, "trend": 48.635021, "fair_value": 46.280994, "relative_strength": 0.648116, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 82.014865, "energy": 70.893081, "activity_lines": [ 53.149717, 52.440606, 51.509147, 50.283374 ] }, { "date": "2024-04-05", "close": 53.682472, "volume": 396161, "typical_volume": 367614.15, "trend": 48.907013, "fair_value": 46.342078, "relative_strength": -0.149933, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.802626, "energy": 68.255213, "activity_lines": [ 53.453573, 52.766219, 51.803541, 50.609015 ] }, { "date": "2024-04-12", "close": 51.899128, "volume": 238065, "typical_volume": 368386.9, "trend": 49.113244, "fair_value": 46.388975, "relative_strength": -1.959894, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 60.989369, "energy": 49.962948, "activity_lines": [ 53.075875, 52.715705, 51.894094, 50.802055 ] }, { "date": "2024-04-19", "close": 51.381383, "volume": 277783, "typical_volume": 364404.2, "trend": 49.33066, "fair_value": 46.434953, "relative_strength": 0.147264, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 45.685295, "energy": 35.025301, "activity_lines": [ 52.528731, 52.543091, 51.911279, 50.948387 ] }, { "date": "2024-04-26", "close": 52.848327, "volume": 205107, "typical_volume": 361328.8, "trend": 49.565584, "fair_value": 46.484768, "relative_strength": 0.300876, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 45.661505, "energy": 27.25008, "activity_lines": [ 52.494854, 52.626282, 52.052424, 51.175333 ] }, { "date": "2024-05-03", "close": 52.20594, "volume": 391403, "typical_volume": 360484.4, "trend": 49.824436, "fair_value": 46.519031, "relative_strength": -1.540549, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 36.761556, "energy": 20.277763, "activity_lines": [ 52.269859, 52.570544, 52.111149, 51.345678 ] }, { "date": "2024-05-10", "close": 52.857915, "volume": 291531, "typical_volume": 346987.75, "trend": 50.110094, "fair_value": 46.560757, "relative_strength": -2.172132, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 41.089875, "energy": 21.186127, "activity_lines": [ 52.421347, 52.619769, 52.223796, 51.541387 ] }, { "date": "2024-05-17", "close": 53.442775, "volume": 300281, "typical_volume": 347790.7, "trend": 50.440295, "fair_value": 46.608741, "relative_strength": -2.695155, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 60.011792, "energy": 34.80676, "activity_lines": [ 52.822759, 52.766567, 52.387711, 51.756398 ] }, { "date": "2024-05-24", "close": 52.4744, "volume": 255562, "typical_volume": 343100.05, "trend": 50.759144, "fair_value": 46.637512, "relative_strength": -4.431968, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 49.005325, "energy": 28.435429, "activity_lines": [ 52.79847, 52.710087, 52.451227, 51.887631 ] }, { "date": "2024-05-31", "close": 53.001733, "volume": 214771, "typical_volume": 334306.25, "trend": 51.003938, "fair_value": 46.664329, "relative_strength": -3.083897, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 52.315762, "energy": 30.953216, "activity_lines": [ 52.877091, 52.736236, 52.553857, 52.032314 ] }, { "date": "2024-06-07", "close": 50.949929, "volume": 286243, "typical_volume": 329115.35, "trend": 51.219021, "fair_value": 46.680631, "relative_strength": -7.861837, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 8.60098, "energy": 6.439342, "activity_lines": [ 52.261549, 52.392816, 52.444182, 52.02883 ] }, { "date": "2024-06-14", "close": 49.444634, "volume": 378315, "typical_volume": 319610.05, "trend": 51.315757, "fair_value": 46.707924, "relative_strength": -11.893846, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -27.613679, "energy": 24.022511, "activity_lines": [ 51.227977, 51.84195, 52.183385, 51.914353 ] }, { "date": "2024-06-21", "close": 50.031124, "volume": 219011, "typical_volume": 309617.4, "trend": 51.421897, "fair_value": 46.727424, "relative_strength": -11.303002, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -24.178307, "energy": 39.630696, "activity_lines": [ 50.617454, 51.474769, 51.985037, 51.831474 ] }, { "date": "2024-06-28", "close": 50.459217, "volume": 410699, "typical_volume": 314497.0, "trend": 51.501404, "fair_value": 46.753429, "relative_strength": -10.364411, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -20.058276, "energy": 44.694735, "activity_lines": [ 50.377072, 51.219387, 51.82903, 51.769365 ] }, { "date": "2024-07-05", "close": 49.553687, "volume": 265364, "typical_volume": 304138.05, "trend": 51.540264, "fair_value": 46.776508, "relative_strength": -13.429425, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -37.921834, "energy": 58.759779, "activity_lines": [ 49.969191, 50.816131, 51.588315, 51.643706 ] }, { "date": "2024-07-12", "close": 52.096878, "volume": 509663, "typical_volume": 299918.0, "trend": 51.593825, "fair_value": 46.830287, "relative_strength": -9.705077, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -19.691833, "energy": 25.379079, "activity_lines": [ 50.638911, 50.935175, 51.599702, 51.679617 ] }, { "date": "2024-07-19", "close": 53.965737, "volume": 786704, "typical_volume": 324424.45, "trend": 51.66178, "fair_value": 46.892578, "relative_strength": -4.495865, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": 20.30616, "energy": 13.084934, "activity_lines": [ 51.855121, 51.395994, 51.786039, 51.832643 ] }, { "date": "2024-07-26", "close": 56.296996, "volume": 589264, "typical_volume": 341116.65, "trend": 51.814128, "fair_value": 46.963115, "relative_strength": 0.496051, "stage": 2, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "up", "direction": 75.741487, "energy": 48.904077, "activity_lines": [ 53.54701, 52.260537, 52.186829, 52.131689 ] }, { "date": "2024-08-02", "close": 52.780842, "volume": 571086, "typical_volume": 358999.15, "trend": 51.902109, "fair_value": 47.007469, "relative_strength": -3.582355, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 53.363185, "energy": 42.046518, "activity_lines": [ 53.649123, 52.433884, 52.23203, 52.194058 ] }, { "date": "2024-08-09", "close": 51.066115, "volume": 550567, "typical_volume": 370072.15, "trend": 51.955849, "fair_value": 47.037952, "relative_strength": -6.532583, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 28.520832, "energy": 26.745445, "activity_lines": [ 53.024886, 52.289891, 52.108993, 52.140123 ] }, { "date": "2024-08-16", "close": 52.684509, "volume": 271998, "typical_volume": 370478.9, "trend": 52.067992, "fair_value": 47.086801, "relative_strength": -7.071062, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 37.025974, "energy": 24.879391, "activity_lines": [ 52.839284, 52.475344, 52.15022, 52.187133 ] }, { "date": "2024-08-23", "close": 54.312536, "volume": 260833, "typical_volume": 363712.5, "trend": 52.184111, "fair_value": 47.133452, "relative_strength": -5.382471, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 54.914648, "energy": 24.001163, "activity_lines": [ 53.157183, 52.925264, 52.355587, 52.331942 ] }, { "date": "2024-08-30", "close": 54.312536, "volume": 192151, "typical_volume": 361416.8, "trend": 52.315827, "fair_value": 47.183217, "relative_strength": -5.453114, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 54.183908, "energy": 26.084473, "activity_lines": [ 53.451962, 53.286678, 52.557953, 52.46926 ] }, { "date": "2024-09-06", "close": 51.220247, "volume": 269037, "typical_volume": 360979.5, "trend": 52.330461, "fair_value": 47.221035, "relative_strength": -6.832975, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 21.449539, "energy": 12.94073, "activity_lines": [ 52.848275, 53.008012, 52.454323, 52.398578 ] }, { "date": "2024-09-13", "close": 51.875312, "volume": 380224, "typical_volume": 369735.35, "trend": 52.338603, "fair_value": 47.261229, "relative_strength": -9.072247, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 23.985787, "energy": 11.507773, "activity_lines": [ 52.566982, 52.834613, 52.413848, 52.369213 ] }, { "date": "2024-09-20", "close": 53.15654, "volume": 228616, "typical_volume": 361596.0, "trend": 52.395181, "fair_value": 47.305106, "relative_strength": -7.921586, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 32.549419, "energy": 13.731812, "activity_lines": [ 52.65882, 52.851953, 52.500027, 52.421983 ] }, { "date": "2024-09-27", "close": 52.941545, "volume": 322848, "typical_volume": 363161.85, "trend": 52.414037, "fair_value": 47.341473, "relative_strength": -8.534525, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 30.57317, "energy": 15.390526, "activity_lines": [ 52.647523, 52.810936, 52.561205, 52.457233 ] }, { "date": "2024-10-04", "close": 52.660971, "volume": 267002, "typical_volume": 361497.9, "trend": 52.437863, "fair_value": 47.372622, "relative_strength": -9.035261, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 28.967065, "energy": 11.71047, "activity_lines": [ 52.634102, 52.737528, 52.595262, 52.473164 ] }, { "date": "2024-10-11", "close": 53.06732, "volume": 197421, "typical_volume": 358590.85, "trend": 52.481919, "fair_value": 47.406318, "relative_strength": -9.161641, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 41.730657, "energy": 17.688146, "activity_lines": [ 52.866234, 52.80411, 52.671743, 52.513774 ] }, { "date": "2024-10-18", "close": 53.928394, "volume": 418615, "typical_volume": 368783.05, "trend": 52.506415, "fair_value": 47.439049, "relative_strength": -8.25972, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 51.250712, "energy": 28.510349, "activity_lines": [ 53.262253, 53.022043, 52.827407, 52.607095 ] }, { "date": "2024-10-25", "close": 51.935346, "volume": 319428, "typical_volume": 370442.3, "trend": 52.417816, "fair_value": 47.461892, "relative_strength": -10.526046, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 35.847404, "energy": 15.315026, "activity_lines": [ 52.85705, 52.825562, 52.788844, 52.570252 ] }, { "date": "2024-11-01", "close": 51.640259, "volume": 242407, "typical_volume": 363646.9, "trend": 52.349743, "fair_value": 47.459735, "relative_strength": -9.509816, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 9.513356, "energy": 6.613841, "activity_lines": [ 52.434898, 52.58905, 52.717486, 52.520087 ] }, { "date": "2024-11-08", "close": 56.908291, "volume": 530333, "typical_volume": 379213.0, "trend": 52.516715, "fair_value": 47.492114, "relative_strength": -4.672043, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 68.674988, "energy": 46.556441, "activity_lines": [ 53.855509, 53.358949, 53.137389, 52.814187 ] }, { "date": "2024-11-15", "close": 56.027867, "volume": 361462, "typical_volume": 376751.15, "trend": 52.671597, "fair_value": 47.527633, "relative_strength": -3.987203, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 63.585039, "energy": 53.271791, "activity_lines": [ 54.699491, 53.921576, 53.440694, 53.040713 ] }, { "date": "2024-11-22", "close": 57.604891, "volume": 227183, "typical_volume": 374842.1, "trend": 52.83015, "fair_value": 47.582575, "relative_strength": -2.76077, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 72.786395, "energy": 71.33904, "activity_lines": [ 55.871777, 54.683522, 53.867675, 53.35899 ] }, { "date": "2024-11-29", "close": 57.866115, "volume": 217653, "typical_volume": 360241.6, "trend": 53.018822, "fair_value": 47.64662, "relative_strength": -3.272254, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 69.756601, "energy": 77.021744, "activity_lines": [ 56.886039, 55.38879, 54.281195, 53.683891 ] }, { "date": "2024-12-06", "close": 56.850241, "volume": 294695, "typical_volume": 335641.15, "trend": 53.1519, "fair_value": 47.696665, "relative_strength": -5.55424, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 61.406421, "energy": 72.984135, "activity_lines": [ 57.166291, 55.823725, 54.570492, 53.931079 ] }, { "date": "2024-12-13", "close": 56.356817, "volume": 199723, "typical_volume": 316164.1, "trend": 53.249034, "fair_value": 47.753393, "relative_strength": -5.535045, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 61.785696, "energy": 67.835151, "activity_lines": [ 56.934736, 56.097879, 54.799061, 54.137848 ] }, { "date": "2024-12-20", "close": 52.980245, "volume": 328184, "typical_volume": 304019.0, "trend": 53.265896, "fair_value": 47.779621, "relative_strength": -9.156065, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 30.299382, "energy": 23.846836, "activity_lines": [ 55.614422, 55.690914, 54.705767, 54.120507 ] }, { "date": "2024-12-27", "close": 52.859464, "volume": 268002, "typical_volume": 289890.75, "trend": 53.261153, "fair_value": 47.79903, "relative_strength": -9.574228, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 15.941446, "energy": 15.857958, "activity_lines": [ 54.457023, 55.263571, 54.60002, 54.094285 ] }, { "date": "2025-01-03", "close": 52.742905, "volume": 249741, "typical_volume": 288777.9, "trend": 53.320919, "fair_value": 47.8104, "relative_strength": -8.960937, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 8.853945, "energy": 21.331846, "activity_lines": [ 53.577133, 54.834471, 54.474632, 54.06085 ] }, { "date": "2025-01-10", "close": 50.848823, "volume": 336711, "typical_volume": 292571.8, "trend": 53.367726, "fair_value": 47.807613, "relative_strength": -10.189081, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -34.291118, "energy": 36.818878, "activity_lines": [ 52.407429, 54.04631, 54.168578, 53.90136 ] }, { "date": "2025-01-17", "close": 53.519965, "volume": 728311, "typical_volume": 319379.8, "trend": 53.48402, "fair_value": 47.847201, "relative_strength": -7.920771, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -18.426671, "energy": 27.041225, "activity_lines": [ 52.5282, 53.758201, 54.133412, 53.911182 ] }, { "date": "2025-01-24", "close": 53.753082, "volume": 199203, "typical_volume": 315888.1, "trend": 53.593816, "fair_value": 47.887986, "relative_strength": -8.789867, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -16.228715, "energy": 21.285892, "activity_lines": [ 52.915801, 53.574083, 54.124222, 53.92854 ] }, { "date": "2025-01-31", "close": 53.733656, "volume": 441265, "typical_volume": 318940.15, "trend": 53.733148, "fair_value": 47.925564, "relative_strength": -7.636503, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -12.1931, "energy": 14.239913, "activity_lines": [ 53.245404, 53.427792, 54.101121, 53.937562 ] }, { "date": "2025-02-07", "close": 53.442259, "volume": 559982, "typical_volume": 335508.45, "trend": 53.777994, "fair_value": 47.954695, "relative_strength": -7.726053, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 1.540813, "energy": 4.178234, "activity_lines": [ 53.419595, 53.298906, 54.041418, 53.918795 ] }, { "date": "2025-02-14", "close": 53.636523, "volume": 275886, "typical_volume": 333160.35, "trend": 53.76702, "fair_value": 47.983412, "relative_strength": -8.441737, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 4.160014, "energy": 6.322055, "activity_lines": [ 53.611917, 53.285775, 53.998856, 53.909668 ] }, { "date": "2025-02-21", "close": 51.792076, "volume": 314871, "typical_volume": 335553.8, "trend": 53.616856, "fair_value": 48.000661, "relative_strength": -9.857923, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -23.178174, "energy": 15.283232, "activity_lines": [ 53.003576, 52.995721, 53.777324, 53.782252 ] }, { "date": "2025-02-28", "close": 52.169824, "volume": 364867, "typical_volume": 343926.1, "trend": 53.596489, "fair_value": 48.018434, "relative_strength": -8.031521, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -28.457639, "energy": 29.80605, "activity_lines": [ 52.636344, 52.857343, 53.595904, 53.688895 ] }, { "date": "2025-03-07", "close": 50.168896, "volume": 590277, "typical_volume": 352509.2, "trend": 53.566582, "fair_value": 48.024685, "relative_strength": -8.465258, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -72.270534, "energy": 62.220177, "activity_lines": [ 51.707687, 52.369896, 53.228194, 53.46776 ] }, { "date": "2025-03-14", "close": 48.964454, "volume": 477237, "typical_volume": 360399.65, "trend": 53.44258, "fair_value": 48.010649, "relative_strength": -8.295003, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -78.569791, "energy": 76.034291, "activity_lines": [ 50.6152, 51.712378, 52.763678, 53.170849 ] }, { "date": "2025-03-21", "close": 49.168432, "volume": 229294, "typical_volume": 359744.0, "trend": 53.27111, "fair_value": 47.99627, "relative_strength": -8.079027, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -74.229665, "energy": 80.706414, "activity_lines": [ 49.889226, 51.160646, 52.332735, 52.895097 ] }, { "date": "2025-03-28", "close": 48.960293, "volume": 288618, "typical_volume": 347658.25, "trend": 53.092702, "fair_value": 47.989005, "relative_strength": -6.765207, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -72.498233, "energy": 81.518922, "activity_lines": [ 49.391745, 50.601624, 51.89374, 52.61698 ] }, { "date": "2025-04-04", "close": 45.123341, "volume": 495253, "typical_volume": 354347.8, "trend": 52.889472, "fair_value": 47.972139, "relative_strength": -5.204121, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -90.142843, "energy": 90.089703, "activity_lines": [ 47.804065, 49.427877, 51.127168, 52.102828 ] }, { "date": "2025-04-11", "close": 44.65351, "volume": 722281, "typical_volume": 379102.7, "trend": 52.648745, "fair_value": 47.944585, "relative_strength": -10.876199, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -85.297233, "energy": 90.514001, "activity_lines": [ 46.529541, 48.32561, 50.367777, 51.571476 ] }, { "date": "2025-04-18", "close": 45.348468, "volume": 283374, "typical_volume": 382388.75, "trend": 52.388476, "fair_value": 47.92696, "relative_strength": -7.836732, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -74.348772, "energy": 87.927548, "activity_lines": [ 45.854361, 47.514793, 49.736246, 51.10049 ] }, { "date": "2025-04-25", "close": 46.983088, "volume": 270790, "typical_volume": 381193.5, "trend": 52.189861, "fair_value": 47.930582, "relative_strength": -8.339636, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.776183, "energy": 75.718122, "activity_lines": [ 45.965121, 47.14834, 49.320001, 50.751755 ] }, { "date": "2025-05-02", "close": 48.490462, "volume": 295044, "typical_volume": 385959.55, "trend": 52.050844, "fair_value": 47.941725, "relative_strength": -7.749458, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.479351, "energy": 53.193696, "activity_lines": [ 46.724028, 47.176926, 49.094301, 50.513084 ] }, { "date": "2025-05-09", "close": 48.451309, "volume": 155026, "typical_volume": 377301.65, "trend": 51.896977, "fair_value": 47.957496, "relative_strength": -7.102769, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -46.860138, "energy": 36.309781, "activity_lines": [ 47.501207, 47.258423, 48.902332, 50.280856 ] }, { "date": "2025-05-16", "close": 50.467667, "volume": 263891, "typical_volume": 377096.1, "trend": 51.781619, "fair_value": 47.992143, "relative_strength": -7.767548, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -31.874596, "energy": 24.212888, "activity_lines": [ 48.72864, 47.77414, 48.923963, 50.188643 ] }, { "date": "2025-05-23", "close": 48.177241, "volume": 180486, "typical_volume": 373633.35, "trend": 51.656349, "fair_value": 47.994495, "relative_strength": -9.333905, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -30.621952, "energy": 24.57593, "activity_lines": [ 48.804987, 47.867983, 48.738847, 49.956102 ] }, { "date": "2025-05-30", "close": 48.891776, "volume": 115554, "typical_volume": 362575.5, "trend": 51.564733, "fair_value": 48.002261, "relative_strength": -9.235937, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -27.673675, "energy": 21.274753, "activity_lines": [ 48.930928, 48.106055, 48.643524, 49.777743 ] }, { "date": "2025-06-06", "close": 49.400759, "volume": 556255, "typical_volume": 353972.7, "trend": 51.314482, "fair_value": 48.027807, "relative_strength": -9.513695, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -25.544563, "energy": 19.088702, "activity_lines": [ 49.099284, 48.441699, 48.605995, 49.638132 ] }, { "date": "2025-06-13", "close": 48.798788, "volume": 237322, "typical_volume": 355878.65, "trend": 51.073512, "fair_value": 48.078292, "relative_strength": -10.096467, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -17.877024, "energy": 9.962482, "activity_lines": [ 49.006297, 48.659886, 48.530751, 49.475829 ] }, { "date": "2025-06-20", "close": 49.02881, "volume": 205267, "typical_volume": 344078.75, "trend": 50.787643, "fair_value": 48.120439, "relative_strength": -9.326151, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -16.302039, "energy": 9.845395, "activity_lines": [ 48.966818, 48.853068, 48.501005, 49.343912 ] }, { "date": "2025-06-27", "close": 51.245293, "volume": 293816, "typical_volume": 330770.45, "trend": 50.566949, "fair_value": 48.180201, "relative_strength": -8.202234, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 3.701987, "energy": 10.639708, "activity_lines": [ 49.762091, 49.369696, 48.704757, 49.373438 ] }, { "date": "2025-07-04", "close": 53.390353, "volume": 335406, "typical_volume": 333746.45, "trend": 50.451619, "fair_value": 48.254552, "relative_strength": -5.853653, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 38.864764, "energy": 48.355494, "activity_lines": [ 51.067847, 50.169121, 49.123262, 49.555593 ] }, { "date": "2025-07-11", "close": 52.918046, "volume": 298949, "typical_volume": 332950.35, "trend": 50.336994, "fair_value": 48.32414, "relative_strength": -6.243609, "stage": 3, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 36.304044, "energy": 61.412435, "activity_lines": [ 51.916262, 50.766175, 49.497957, 49.714718 ] }, { "date": "2025-07-18", "close": 52.248945, "volume": 342578, "typical_volume": 331835.9, "trend": 50.312617, "fair_value": 48.377782, "relative_strength": -7.694154, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 25.614094, "energy": 59.591092, "activity_lines": [ 52.307158, 51.161074, 49.803567, 49.838069 ] }, { "date": "2025-07-25", "close": 52.711412, "volume": 210013, "typical_volume": 312822.7, "trend": 50.307682, "fair_value": 48.423208, "relative_strength": -7.837282, "stage": 4, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 37.833994, "energy": 65.812295, "activity_lines": [ 52.622198, 51.571009, 50.152845, 49.99283 ] }, { "date": "2025-08-01", "close": 50.507313, "volume": 328398, "typical_volume": 305380.75, "trend": 50.233162, "fair_value": 48.455881, "relative_strength": -9.135894, "stage": 4, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 32.042304, "energy": 39.231114, "activity_lines": [ 51.957033, 51.539404, 50.280101, 50.00571 ] }, { "date": "2025-08-08", "close": 51.786478, "volume": 216161, "typical_volume": 304724.1, "trend": 50.264417, "fair_value": 48.485095, "relative_strength": -8.786579, "stage": 4, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 28.951776, "energy": 26.076914, "activity_lines": [ 51.767454, 51.698009, 50.521836, 50.105924 ] }, { "date": "2025-08-15", "close": 54.148012, "volume": 184796, "typical_volume": 299533.0, "trend": 50.285352, "fair_value": 48.532018, "relative_strength": -5.308286, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 75.031549, "energy": 45.882984, "activity_lines": [ 52.471979, 52.233353, 50.976011, 50.356478 ] }, { "date": "2025-08-22", "close": 56.430828, "volume": 163288, "typical_volume": 282934.75, "trend": 50.37461, "fair_value": 48.601586, "relative_strength": -1.380827, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 85.038577, "energy": 65.111705, "activity_lines": [ 53.855444, 53.097441, 51.622895, 50.752961 ] }, { "date": "2025-08-29", "close": 56.480027, "volume": 315923, "typical_volume": 262616.85, "trend": 50.466156, "fair_value": 48.689823, "relative_strength": -1.040626, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 82.732009, "energy": 86.923635, "activity_lines": [ 54.976517, 53.831709, 52.220618, 51.146858 ] }, { "date": "2025-09-05", "close": 56.981853, "volume": 158866, "typical_volume": 256391.45, "trend": 50.584143, "fair_value": 48.777451, "relative_strength": -0.327424, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 78.311698, "energy": 89.825208, "activity_lines": [ 56.013624, 54.521743, 52.809818, 51.567226 ] }, { "date": "2025-09-12", "close": 56.391469, "volume": 182275, "typical_volume": 251965.7, "trend": 50.675974, "fair_value": 48.872474, "relative_strength": -2.723582, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.330867, "energy": 86.555091, "activity_lines": [ 56.4223, 55.000132, 53.287394, 51.941892 ] }, { "date": "2025-09-19", "close": 56.470187, "volume": 215714, "typical_volume": 247999.2, "trend": 50.831911, "fair_value": 48.982248, "relative_strength": -3.575284, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.073906, "energy": 79.201016, "activity_lines": [ 56.550217, 55.438268, 53.727665, 52.315712 ] }, { "date": "2025-09-26", "close": 56.20706, "volume": 165869, "typical_volume": 248541.35, "trend": 50.966486, "fair_value": 49.095256, "relative_strength": -3.566273, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 62.723321, "energy": 58.88626, "activity_lines": [ 56.435613, 55.763979, 54.104877, 52.662496 ] }, { "date": "2025-10-03", "close": 56.415125, "volume": 387537, "typical_volume": 254723.65, "trend": 51.174693, "fair_value": 49.202396, "relative_strength": -4.095556, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 61.500004, "energy": 54.883233, "activity_lines": [ 56.405281, 56.055553, 54.464974, 53.014021 ] }, { "date": "2025-10-10", "close": 53.57158, "volume": 213081, "typical_volume": 256353.4, "trend": 51.328264, "fair_value": 49.287347, "relative_strength": -6.454027, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 44.985193, "energy": 35.426906, "activity_lines": [ 55.431428, 55.76278, 54.525935, 53.168659 ] }, { "date": "2025-10-17", "close": 54.563254, "volume": 129043, "typical_volume": 257027.85, "trend": 51.508092, "fair_value": 49.371091, "relative_strength": -6.121484, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 38.813905, "energy": 25.379202, "activity_lines": [ 55.015485, 55.594597, 54.655654, 53.377368 ] }, { "date": "2025-10-24", "close": 55.850379, "volume": 129669, "typical_volume": 235698.55, "trend": 51.737761, "fair_value": 49.4452, "relative_strength": -5.559037, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 41.519554, "energy": 24.115978, "activity_lines": [ 55.150464, 55.609949, 54.880949, 53.657516 ] }, { "date": "2025-10-31", "close": 54.136326, "volume": 150342, "typical_volume": 231349.55, "trend": 52.038194, "fair_value": 49.509822, "relative_strength": -8.859033, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 33.11352, "energy": 22.312489, "activity_lines": [ 54.755413, 55.282704, 54.912288, 53.812262 ] }, { "date": "2025-11-07", "close": 54.215589, "volume": 142944, "typical_volume": 228233.4, "trend": 52.35693, "fair_value": 49.561627, "relative_strength": -6.898639, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 31.728844, "energy": 17.528897, "activity_lines": [ 54.524832, 55.011588, 54.92576, 53.952739 ] }, { "date": "2025-11-14", "close": 54.27028, "volume": 223654, "typical_volume": 224725.3, "trend": 52.654324, "fair_value": 49.615403, "relative_strength": -6.605895, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 19.790715, "energy": 12.475342, "activity_lines": [ 54.459116, 54.791587, 54.919741, 54.076181 ] }, { "date": "2025-11-21", "close": 54.452385, "volume": 211694, "typical_volume": 218539.7, "trend": 52.9033, "fair_value": 49.664524, "relative_strength": -4.132554, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 16.93341, "energy": 13.865378, "activity_lines": [ 54.407523, 54.653998, 54.916661, 54.192185 ] }, { "date": "2025-11-28", "close": 56.236784, "volume": 77712, "typical_volume": 207477.85, "trend": 53.161511, "fair_value": 49.725444, "relative_strength": -4.201597, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 45.293362, "energy": 20.898152, "activity_lines": [ 54.95812, 54.876102, 55.078466, 54.407248 ] }, { "date": "2025-12-05", "close": 56.882873, "volume": 77069, "typical_volume": 194202.4, "trend": 53.442563, "fair_value": 49.80491, "relative_strength": -3.172219, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 52.00036, "energy": 32.401668, "activity_lines": [ 55.69832, 55.219919, 55.286001, 54.647336 ] }, { "date": "2025-12-12", "close": 58.485859, "volume": 156095, "typical_volume": 191506.5, "trend": 53.709836, "fair_value": 49.905517, "relative_strength": 0.324357, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 73.265703, "energy": 64.298936, "activity_lines": [ 56.789746, 55.842901, 55.624134, 54.97271 ] }, { "date": "2025-12-19", "close": 58.248071, "volume": 189638, "typical_volume": 184568.5, "trend": 54.04553, "fair_value": 50.001999, "relative_strength": -0.090091, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 69.625034, "energy": 72.811817, "activity_lines": [ 57.517224, 56.384999, 55.912123, 55.265499 ] }, { "date": "2025-12-26", "close": 58.05117, "volume": 135461, "typical_volume": 180533.5, "trend": 54.350844, "fair_value": 50.098245, "relative_strength": -1.70223, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 64.944251, "energy": 73.186693, "activity_lines": [ 57.913883, 56.80627, 56.144499, 55.523928 ] }, { "date": "2026-01-02", "close": 57.314834, "volume": 459333, "typical_volume": 194260.35, "trend": 54.614646, "fair_value": 50.185549, "relative_strength": -1.796832, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 62.055527, "energy": 66.865016, "activity_lines": [ 57.825177, 57.030245, 56.276916, 55.715153 ] }, { "date": "2026-01-09", "close": 59.364635, "volume": 428125, "typical_volume": 207502.2, "trend": 54.966841, "fair_value": 50.273025, "relative_strength": 0.187616, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 75.450429, "energy": 68.855088, "activity_lines": [ 58.347868, 57.600285, 56.589472, 56.021604 ] }, { "date": "2026-01-16", "close": 60.399486, "volume": 255157, "typical_volume": 204463.9, "trend": 55.345864, "fair_value": 50.368401, "relative_strength": 2.365009, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 80.667079, "energy": 73.506806, "activity_lines": [ 59.050059, 58.263419, 56.986615, 56.372097 ] }, { "date": "2026-01-23", "close": 59.931813, "volume": 234684, "typical_volume": 208254.8, "trend": 55.635414, "fair_value": 50.454989, "relative_strength": 1.987859, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 70.131065, "energy": 66.696382, "activity_lines": [ 59.468783, 58.729087, 57.320553, 56.667965 ] }, { "date": "2026-01-30", "close": 60.87711, "volume": 197913, "typical_volume": 209036.7, "trend": 55.884973, "fair_value": 50.529724, "relative_strength": 3.241109, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 76.314551, "energy": 81.008545, "activity_lines": [ 60.090358, 59.263691, 57.730473, 57.006139 ] }, { "date": "2026-02-06", "close": 63.971713, "volume": 305767, "typical_volume": 213539.35, "trend": 56.253428, "fair_value": 50.635031, "relative_strength": 8.636781, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 89.908589, "energy": 91.154028, "activity_lines": [ 61.55507, 60.244136, 58.413756, 57.527864 ] }, { "date": "2026-02-13", "close": 63.344832, "volume": 233953, "typical_volume": 216943.55, "trend": 56.623291, "fair_value": 50.733667, "relative_strength": 8.875707, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 79.910808, "energy": 88.5309, "activity_lines": [ 62.36703, 60.969968, 59.001614, 57.985374 ] }, { "date": "2026-02-20", "close": 63.036367, "volume": 133708, "typical_volume": 204252.1, "trend": 56.967456, "fair_value": 50.839311, "relative_strength": 7.039868, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 71.618339, "energy": 87.010592, "activity_lines": [ 62.810822, 61.522225, 59.526106, 58.399121 ] }, { "date": "2026-02-27", "close": 61.48409, "volume": 220140, "typical_volume": 204605.05, "trend": 57.333349, "fair_value": 50.925235, "relative_strength": 4.908683, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.874749, "energy": 76.818374, "activity_lines": [ 62.561397, 61.709514, 59.871232, 58.690516 ] }, { "date": "2026-03-06", "close": 59.266125, "volume": 235256, "typical_volume": 209915.7, "trend": 57.582671, "fair_value": 51.024323, "relative_strength": 3.170835, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 59.791307, "energy": 45.680092, "activity_lines": [ 61.469164, 61.434699, 59.967445, 58.815212 ] }, { "date": "2026-03-13", "close": 57.997238, "volume": 210206, "typical_volume": 213942.55, "trend": 57.710978, "fair_value": 51.135965, "relative_strength": 2.51044, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 27.477636, "energy": 20.467668, "activity_lines": [ 60.061368, 60.907088, 59.920416, 58.841958 ] }, { "date": "2026-03-20", "close": 57.523794, "volume": 127790, "typical_volume": 212814.95, "trend": 57.74741, "fair_value": 51.240246, "relative_strength": 3.52568, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 8.785569, "energy": 23.018349, "activity_lines": [ 58.894056, 60.280989, 59.818075, 58.829882 ] }, { "date": "2026-03-27", "close": 59.37, "volume": 158477, "typical_volume": 213591.6, "trend": 57.843743, "fair_value": 51.345477, "relative_strength": 9.177809, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 18.237376, "energy": 26.364694, "activity_lines": [ 58.730215, 60.024033, 59.875432, 58.934565 ] }, { "date": "2026-04-03", "close": 61.08, "volume": 115341, "typical_volume": 208175.95, "trend": 57.980348, "fair_value": 51.469948, "relative_strength": 8.530751, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 32.030291, "energy": 23.977392, "activity_lines": [ 59.380799, 60.096704, 60.071101, 59.143356 ] }, { "date": "2026-04-10", "close": 63.05, "volume": 132240, "typical_volume": 204203.25, "trend": 58.202299, "fair_value": 51.59865, "relative_strength": 7.936532, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 62.596774, "energy": 30.81396, "activity_lines": [ 60.714988, 60.506681, 60.421962, 59.47043 ] }, { "date": "2026-04-17", "close": 64.91, "volume": 135940, "typical_volume": 207114.65, "trend": 58.483626, "fair_value": 51.743142, "relative_strength": 6.218536, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 74.549746, "energy": 64.631424, "activity_lines": [ 62.41692, 61.215333, 60.909025, 59.903185 ] }, { "date": "2026-04-24", "close": 65.394708, "volume": 152801, "typical_volume": 210901.25, "trend": 58.789881, "fair_value": 51.896245, "relative_strength": 6.31636, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 76.588707, "energy": 80.724872, "activity_lines": [ 63.819569, 61.995053, 61.400949, 60.349061 ] }, { "date": "2026-05-01", "close": 65.952191, "volume": 90270, "typical_volume": 207610.0, "trend": 59.107783, "fair_value": 52.057821, "relative_strength": 6.10642, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 76.561369, "energy": 84.798867, "activity_lines": [ 64.883319, 62.838864, 61.905435, 60.811146 ] }, { "date": "2026-05-08", "close": 66.685181, "volume": 109144, "typical_volume": 203585.3, "trend": 59.544903, "fair_value": 52.226151, "relative_strength": 4.734145, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 78.063556, "energy": 88.238815, "activity_lines": [ 65.752586, 63.76293, 62.444175, 61.30001 ] }, { "date": "2026-05-15", "close": 63.921361, "volume": 188603, "typical_volume": 206242.4, "trend": 59.85684, "fair_value": 52.368479, "relative_strength": 0.170135, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.364978, "energy": 75.905045, "activity_lines": [ 65.326901, 64.089919, 62.679518, 61.582362 ] }, { "date": "2026-05-22", "close": 66.051742, "volume": 79979, "typical_volume": 187274.7, "trend": 60.196885, "fair_value": 52.525189, "relative_strength": 2.509129, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 69.448224, "energy": 58.464927, "activity_lines": [ 65.553252, 64.719609, 63.0898, 61.982033 ] }, { "date": "2026-05-29", "close": 66.250843, "volume": 79822, "typical_volume": 169859.55, "trend": 60.600702, "fair_value": 52.676825, "relative_strength": 1.262019, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 68.640239, "energy": 54.513594, "activity_lines": [ 65.769855, 65.239054, 63.477441, 62.372611 ] }, { "date": "2026-06-05", "close": 66.430033, "volume": 95995, "typical_volume": 161901.45, "trend": 61.007851, "fair_value": 52.822474, "relative_strength": 3.987706, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 67.784747, "energy": 52.542489, "activity_lines": [ 65.989111, 65.632405, 63.849355, 62.748697 ] }, { "date": "2026-06-12", "close": 68.976336, "volume": 187481, "typical_volume": 159541.3, "trend": 61.498052, "fair_value": 52.987771, "relative_strength": 7.116951, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 84.372634, "energy": 71.027777, "activity_lines": [ 67.025279, 66.360356, 64.435058, 63.262793 ] }, { "date": "2026-06-19", "close": 67.983021, "volume": 112961, "typical_volume": 155293.7, "trend": 61.949074, "fair_value": 53.152761, "relative_strength": 4.426276, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 69.571253, "energy": 69.391415, "activity_lines": [ 67.577598, 66.764134, 64.88309, 63.681178 ] }, { "date": "2026-06-26", "close": 70.45, "volume": 205078, "typical_volume": 150259.25, "trend": 62.422848, "fair_value": 53.322329, "relative_strength": 10.548703, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 85.05021, "energy": 86.09175, "activity_lines": [ 68.681467, 67.526763, 65.532235, 64.229625 ] }, { "date": "2026-07-03", "close": 69.55, "volume": 134309, "typical_volume": 145277.05, "trend": 62.845085, "fair_value": 53.486492, "relative_strength": 6.65697, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 72.225428, "energy": 83.614405, "activity_lines": [ 69.192118, 68.025028, 66.064817, 64.689441 ] }, { "date": "2026-07-10", "close": 69.9749, "volume": 91195, "typical_volume": 143151.4, "trend": 63.228053, "fair_value": 53.645362, "relative_strength": 5.702947, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 72.193074, "energy": 81.418141, "activity_lines": [ 69.624459, 68.524997, 66.608317, 65.149429 ] }, { "date": "2026-07-17", "close": 71.2475, "volume": 221353, "typical_volume": 143212.05, "trend": 63.661367, "fair_value": 53.80571, "relative_strength": 9.034353, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 79.874329, "energy": 86.428552, "activity_lines": [ 70.244675, 69.183207, 67.239976, 65.666813 ] }, { "date": "2026-07-24", "close": 70.9575, "volume": 160185, "typical_volume": 139458.5, "trend": 64.091578, "fair_value": 53.956728, "relative_strength": 8.936352, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 71.790826, "energy": 72.804663, "activity_lines": [ 70.616813, 69.70574, 67.797524, 66.137531 ] }, { "date": "2026-07-31", "close": 71.2, "volume": 204450, "typical_volume": 139170.7, "trend": 64.554417, "fair_value": 54.108634, "relative_strength": 7.81354, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 71.276145, "energy": 64.20782, "activity_lines": [ 70.871487, 70.144433, 68.322493, 66.596139 ] }, { "date": "2026-08-07", "close": 70.7211, "volume": 171655, "typical_volume": 141363.95, "trend": 64.932966, "fair_value": 54.260202, "relative_strength": 3.247242, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.178622, "energy": 58.949106, "activity_lines": [ 70.916527, 70.402449, 68.738983, 66.993989 ] } ], "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." } } }