{ "ticker": { "uuid": "cabbe582-b060-4d33-9253-0bcd3ebffd8d", "symbol": "INTF", "name": "ISHARES TRUST INTERNATIONAL EQUITY FACTOR 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": 83.388, "architecture_energy": 73.5, "architecture_maturity": 37.942, "architecture_confidence": 79.466, "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": 10.95, "rotation_up": 72.04, "upward_expansion": 90.45, "deceleration": 43.68, "rotation_down": 15.05, "downward_expansion": 14.79 }, "activity_lines": [ 42.013333, 41.595352, 41.112674, 40.628318 ], "activity_state": "Moderate", "activity_direction": "Expanding", "rotation_direction": "Improving", "price_acceptance": 0.833333 }, "latest_close": 43.07, "trend_reference": 40.09194, "distance_from_trend": 0.074281, "trend_direction": "Improving", "fair_value": 31.28259, "distance_from_fair_value": 0.376804, "fair_value_direction": "Improving", "relative_strength": 0.745674, "relative_strength_direction": "Improving", "price_momentum": 0.080973, "excess_performance": -0.044652, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.074281, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.042129, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.376804, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.015302, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.007457, "read": "Leading" }, { "label": "Relative strength direction", "positive": true, "value": 0.003535, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.080973, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 2.294889, "read": "Demand-led" } ], "volume": { "latest": 962272, "relative_activity": 0.692012, "balance": 2.294889, "dry_up": 0.735778, "accumulation_observations": 3, "distribution_observations": 0 }, "risk": { "range_context": 0.023969, "annualized_volatility": 0.159299, "from_high_reference": -0.001854, "from_low_reference": 0.279487 }, "levels": { "trend_reference": 40.09194, "fair_value_reference": 31.28259, "structural_low": 36.639734, "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 35, "median_return": 0.014767, "positive_rate": 0.657143, "directional_follow_through": 0.657143, "median_excess_return": -0.011392, "regime_survival": 0.742857, "best_return": 0.066788, "worst_return": -0.068077, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 13, "median_return": 0.031234, "positive_rate": 0.692308, "directional_follow_through": 0.692308, "median_excess_return": -0.033531, "regime_survival": 0.538462, "best_return": 0.086364, "worst_return": -0.091141, "sufficient": true }, { "horizon": "Extended", "sample_count": 7, "median_return": 0.06068, "positive_rate": 0.714286, "directional_follow_through": 0.714286, "median_excess_return": -0.070552, "regime_survival": 0.428571, "best_return": 0.154841, "worst_return": -0.121095, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 4, "median_return": 0.102824, "positive_rate": 0.75, "directional_follow_through": 0.75, "median_excess_return": -0.105685, "regime_survival": 0.25, "best_return": 0.224917, "worst_return": -0.193453, "sufficient": false } ], "ledger": [ { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-09-06", "end": "2024-11-01", "tenure": "Developing", "return": -0.003333, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-11-08", "end": "2024-11-15", "tenure": "New", "return": -0.020388, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2024-11-22", "end": "2024-12-06", "tenure": "New", "return": 0.031955, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-12-13", "end": "2024-12-20", "tenure": "New", "return": -0.034448, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-12-27", "end": "2025-01-03", "tenure": "New", "return": -0.005256, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-01-10", "end": "2025-01-31", "tenure": "New", "return": 0.04986, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-02-07", "end": "2025-02-14", "tenure": "New", "return": 0.022893, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-02-21", "end": "2025-03-14", "tenure": "New", "return": 0.020373, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-03-21", "end": "2025-03-28", "tenure": "New", "return": -0.014575, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-04-04", "end": "2025-04-11", "tenure": "New", "return": 0.058033, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-04-18", "end": "2025-05-02", "tenure": "New", "return": 0.058728, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-05-09", "end": "2026-03-13", "tenure": "Extended", "return": 0.210972, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-03-20", "end": "2026-04-17", "tenure": "Developing", "return": 0.112, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-04-24", "end": "2026-08-07", "tenure": "Established", "return": 0.077517, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 23.640764, "volume": 318262, "typical_volume": 465836.8, "trend": 23.801182, "fair_value": 23.026369, "relative_strength": -3.068317, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 21.710563, "energy": 13.007802, "activity_lines": [ 24.249938, 24.350867, 24.230318, 24.041208 ] }, { "date": "2023-08-25", "close": 23.731831, "volume": 1607008, "typical_volume": 533165.95, "trend": 23.803879, "fair_value": 23.048754, "relative_strength": -3.523868, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 13.264456, "energy": 16.893223, "activity_lines": [ 24.008579, 24.23957, 24.19192, 24.036734 ] }, { "date": "2023-09-01", "close": 24.219244, "volume": 278321, "typical_volume": 530964.9, "trend": 23.824302, "fair_value": 23.07666, "relative_strength": -4.048649, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 20.670393, "energy": 19.883208, "activity_lines": [ 24.004598, 24.231391, 24.199262, 24.063531 ] }, { "date": "2023-09-08", "close": 23.903998, "volume": 675988, "typical_volume": 478279.05, "trend": 23.841317, "fair_value": 23.101555, "relative_strength": -4.154489, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 5.149285, "energy": 15.895108, "activity_lines": [ 23.949855, 24.156375, 24.175945, 24.068673 ] }, { "date": "2023-09-15", "close": 24.17584, "volume": 200563, "typical_volume": 466065.7, "trend": 23.863251, "fair_value": 23.127671, "relative_strength": -3.000069, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 9.907486, "energy": 10.87179, "activity_lines": [ 24.017157, 24.137868, 24.179552, 24.090255 ] }, { "date": "2023-09-22", "close": 23.759015, "volume": 222730, "typical_volume": 463738.05, "trend": 23.89259, "fair_value": 23.154242, "relative_strength": -1.913007, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 0.419734, "energy": 5.773462, "activity_lines": [ 23.958717, 24.037808, 24.14299, 24.08353 ] }, { "date": "2023-09-29", "close": 23.423743, "volume": 434506, "typical_volume": 467910.05, "trend": 23.89123, "fair_value": 23.177101, "relative_strength": -2.70752, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -28.231379, "energy": 27.66494, "activity_lines": [ 23.780636, 23.895408, 24.076476, 24.053282 ] }, { "date": "2023-10-06", "close": 23.251576, "volume": 524354, "typical_volume": 467985.45, "trend": 23.910754, "fair_value": 23.195574, "relative_strength": -3.935138, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -40.107976, "energy": 45.376649, "activity_lines": [ 23.565705, 23.747735, 23.995958, 24.012014 ] }, { "date": "2023-10-13", "close": 23.151901, "volume": 798953, "typical_volume": 486931.25, "trend": 23.946185, "fair_value": 23.215595, "relative_strength": -4.818622, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -43.522941, "energy": 59.289123, "activity_lines": [ 23.382061, 23.614347, 23.909792, 23.963056 ] }, { "date": "2023-10-20", "close": 22.590093, "volume": 2733871, "typical_volume": 598206.55, "trend": 23.94721, "fair_value": 23.231756, "relative_strength": -4.907474, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -79.948436, "energy": 78.180071, "activity_lines": [ 23.061287, 23.40106, 23.772032, 23.875566 ] }, { "date": "2023-10-27", "close": 22.336374, "volume": 714517, "typical_volume": 605008.2, "trend": 23.908124, "fair_value": 23.253428, "relative_strength": -3.661214, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -81.374295, "energy": 82.899772, "activity_lines": [ 22.761656, 23.174073, 23.615752, 23.771641 ] }, { "date": "2023-11-03", "close": 23.618563, "volume": 372608, "typical_volume": 594197.0, "trend": 23.909116, "fair_value": 23.273731, "relative_strength": -3.761129, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.135461, "energy": 63.858437, "activity_lines": [ 22.984265, 23.203928, 23.589028, 23.75296 ] }, { "date": "2023-11-10", "close": 23.360313, "volume": 611760, "typical_volume": 609857.6, "trend": 23.884934, "fair_value": 23.289097, "relative_strength": -6.023042, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -58.152736, "energy": 42.037174, "activity_lines": [ 23.107802, 23.188888, 23.542045, 23.717553 ] }, { "date": "2023-11-17", "close": 24.248331, "volume": 406196, "typical_volume": 614801.65, "trend": 23.889169, "fair_value": 23.308488, "relative_strength": -4.610623, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -18.545755, "energy": 12.596065, "activity_lines": [ 23.520096, 23.350922, 23.581232, 23.740998 ] }, { "date": "2023-11-24", "close": 24.479397, "volume": 333472, "typical_volume": 591022.95, "trend": 23.902585, "fair_value": 23.327432, "relative_strength": -4.595475, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "mixed", "direction": 16.859665, "energy": 26.684467, "activity_lines": [ 23.936317, 23.548708, 23.642642, 23.779077 ] }, { "date": "2023-12-01", "close": 24.710463, "volume": 847254, "typical_volume": 616961.0, "trend": 23.920449, "fair_value": 23.34619, "relative_strength": -4.428506, "stage": 3, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 33.078144, "energy": 38.7804, "activity_lines": [ 24.303606, 23.782987, 23.723101, 23.831198 ] }, { "date": "2023-12-08", "close": 24.647033, "volume": 608042, "typical_volume": 627359.1, "trend": 23.944482, "fair_value": 23.364854, "relative_strength": -4.786823, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 30.967673, "energy": 49.13233, "activity_lines": [ 24.491479, 23.988433, 23.797865, 23.878075 ] }, { "date": "2023-12-15", "close": 25.00949, "volume": 422577, "typical_volume": 633187.05, "trend": 23.97616, "fair_value": 23.38253, "relative_strength": -5.518136, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 37.803963, "energy": 63.135618, "activity_lines": [ 24.731606, 24.23754, 23.908141, 23.946785 ] }, { "date": "2023-12-22", "close": 25.576698, "volume": 402747, "typical_volume": 639199.3, "trend": 24.043607, "fair_value": 23.404472, "relative_strength": -4.125624, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 84.061216, "energy": 83.774855, "activity_lines": [ 25.050858, 24.557813, 24.072554, 24.050045 ] }, { "date": "2023-12-29", "close": 25.825463, "volume": 451712, "typical_volume": 648272.05, "trend": 24.11195, "fair_value": 23.42722, "relative_strength": -3.411557, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 83.83488, "energy": 87.673267, "activity_lines": [ 25.364474, 24.879229, 24.254939, 24.165004 ] }, { "date": "2024-01-05", "close": 25.549058, "volume": 270000, "typical_volume": 645858.95, "trend": 24.166936, "fair_value": 23.442838, "relative_strength": -2.788565, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 70.515379, "energy": 84.398861, "activity_lines": [ 25.496217, 25.091564, 24.404086, 24.257721 ] }, { "date": "2024-01-12", "close": 25.816249, "volume": 290717, "typical_volume": 580044.4, "trend": 24.209836, "fair_value": 23.462691, "relative_strength": -3.406748, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 74.776483, "energy": 87.249879, "activity_lines": [ 25.661117, 25.294068, 24.569594, 24.364128 ] }, { "date": "2024-01-19", "close": 25.512204, "volume": 224954, "typical_volume": 577376.05, "trend": 24.27039, "fair_value": 23.479439, "relative_strength": -5.444696, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.464349, "energy": 78.356352, "activity_lines": [ 25.646721, 25.401332, 24.696219, 24.448152 ] }, { "date": "2024-01-26", "close": 25.899171, "volume": 464979, "typical_volume": 566825.6, "trend": 24.323908, "fair_value": 23.503501, "relative_strength": -4.792996, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 72.212605, "energy": 65.096054, "activity_lines": [ 25.7278, 25.539829, 24.853541, 24.553234 ] }, { "date": "2024-02-02", "close": 25.991306, "volume": 256372, "typical_volume": 569616.05, "trend": 24.394995, "fair_value": 23.523372, "relative_strength": -5.615184, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 73.696231, "energy": 72.433938, "activity_lines": [ 25.818092, 25.665062, 25.010137, 24.660808 ] }, { "date": "2024-02-09", "close": 25.945238, "volume": 757364, "typical_volume": 596347.75, "trend": 24.433738, "fair_value": 23.540216, "relative_strength": -6.862999, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 68.28449, "energy": 62.499328, "activity_lines": [ 25.881972, 25.75443, 25.1537, 24.760824 ] }, { "date": "2024-02-16", "close": 26.313779, "volume": 263596, "typical_volume": 587802.25, "trend": 24.482349, "fair_value": 23.559528, "relative_strength": -5.024874, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 78.360899, "energy": 77.80483, "activity_lines": [ 26.042287, 25.888356, 25.321952, 24.882117 ] }, { "date": "2024-02-23", "close": 26.608611, "volume": 431657, "typical_volume": 583167.4, "trend": 24.534835, "fair_value": 23.584538, "relative_strength": -5.334129, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 81.090235, "energy": 84.360731, "activity_lines": [ 26.267711, 26.045582, 25.504521, 25.019295 ] }, { "date": "2024-03-01", "close": 26.857376, "volume": 506956, "typical_volume": 568567.55, "trend": 24.617565, "fair_value": 23.609699, "relative_strength": -5.164065, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 83.359305, "energy": 84.416328, "activity_lines": [ 26.502963, 26.218963, 25.694796, 25.169136 ] }, { "date": "2024-03-08", "close": 27.253557, "volume": 783133, "typical_volume": 471030.65, "trend": 24.713556, "fair_value": 23.633248, "relative_strength": -3.338037, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 85.903832, "energy": 88.206397, "activity_lines": [ 26.806395, 26.441093, 25.905158, 25.3392 ] }, { "date": "2024-03-15", "close": 27.087713, "volume": 2728105, "typical_volume": 571710.05, "trend": 24.828454, "fair_value": 23.654999, "relative_strength": -3.725635, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 74.454592, "energy": 85.983583, "activity_lines": [ 26.970395, 26.607103, 26.077518, 25.492372 ] }, { "date": "2024-03-22", "close": 27.26277, "volume": 451154, "typical_volume": 575637.35, "trend": 24.946152, "fair_value": 23.677347, "relative_strength": -5.036152, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 76.016921, "energy": 85.990774, "activity_lines": [ 27.116582, 26.776967, 26.243925, 25.649425 ] }, { "date": "2024-03-29", "close": 27.493108, "volume": 322332, "typical_volume": 561165.95, "trend": 25.055281, "fair_value": 23.700657, "relative_strength": -4.384082, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 79.090687, "energy": 83.519505, "activity_lines": [ 27.276283, 26.96241, 26.414915, 25.813744 ] }, { "date": "2024-04-05", "close": 27.299624, "volume": 1807295, "typical_volume": 631220.9, "trend": 25.168469, "fair_value": 23.719668, "relative_strength": -4.011493, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.178613, "energy": 68.14444, "activity_lines": [ 27.312523, 27.076657, 26.547798, 25.958541 ] }, { "date": "2024-04-12", "close": 26.7376, "volume": 273585, "typical_volume": 628226.55, "trend": 25.253861, "fair_value": 23.732397, "relative_strength": -4.361121, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.601685, "energy": 58.505928, "activity_lines": [ 27.131938, 27.063256, 26.612625, 26.059775 ] }, { "date": "2024-04-19", "close": 26.415127, "volume": 358029, "typical_volume": 603765.3, "trend": 25.342398, "fair_value": 23.743059, "relative_strength": -2.313863, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 48.416673, "energy": 41.902227, "activity_lines": [ 26.87826, 26.977654, 26.635987, 26.134695 ] }, { "date": "2024-04-26", "close": 26.967938, "volume": 261939, "typical_volume": 586460.15, "trend": 25.460537, "fair_value": 23.759577, "relative_strength": -2.645567, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 42.90126, "energy": 31.714234, "activity_lines": [ 26.85369, 26.98402, 26.70388, 26.239569 ] }, { "date": "2024-05-03", "close": 27.253557, "volume": 238490, "typical_volume": 577255.8, "trend": 25.593937, "fair_value": 23.772356, "relative_strength": -1.985307, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 50.876881, "energy": 31.44101, "activity_lines": [ 26.943983, 27.030422, 26.787923, 26.355248 ] }, { "date": "2024-05-10", "close": 27.695805, "volume": 392714, "typical_volume": 576754.15, "trend": 25.7454, "fair_value": 23.790334, "relative_strength": -2.02011, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 73.057065, "energy": 47.191936, "activity_lines": [ 27.197661, 27.145507, 26.903399, 26.490852 ] }, { "date": "2024-05-17", "close": 28.165694, "volume": 220990, "typical_volume": 565218.05, "trend": 25.931254, "fair_value": 23.810011, "relative_strength": -1.800304, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 83.105579, "energy": 70.060131, "activity_lines": [ 27.581558, 27.330783, 27.053536, 26.647 ] }, { "date": "2024-05-24", "close": 28.036705, "volume": 750076, "typical_volume": 589221.85, "trend": 26.121265, "fair_value": 23.827285, "relative_strength": -2.111332, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 73.643053, "energy": 80.276543, "activity_lines": [ 27.827251, 27.476021, 27.180243, 26.782835 ] }, { "date": "2024-05-31", "close": 28.193334, "volume": 554973, "typical_volume": 602434.65, "trend": 26.273757, "fair_value": 23.842726, "relative_strength": -1.075801, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 73.900558, "energy": 84.123202, "activity_lines": [ 28.017049, 27.632483, 27.310022, 26.916517 ] }, { "date": "2024-06-07", "close": 28.036705, "volume": 714741, "typical_volume": 626924.0, "trend": 26.429637, "fair_value": 23.856903, "relative_strength": -2.713549, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.412617, "energy": 81.123218, "activity_lines": [ 28.072945, 27.743548, 27.413565, 27.030256 ] }, { "date": "2024-06-14", "close": 27.213183, "volume": 2424669, "typical_volume": 724908.5, "trend": 26.528465, "fair_value": 23.872406, "relative_strength": -6.888419, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 59.85188, "energy": 47.121743, "activity_lines": [ 27.802123, 27.694998, 27.426655, 27.080807 ] }, { "date": "2024-06-21", "close": 27.316548, "volume": 344216, "typical_volume": 729300.7, "trend": 26.623037, "fair_value": 23.884437, "relative_strength": -6.956168, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 43.344172, "energy": 30.274898, "activity_lines": [ 27.597931, 27.666813, 27.443332, 27.131651 ] }, { "date": "2024-06-28", "close": 27.466897, "volume": 382322, "typical_volume": 710548.6, "trend": 26.714918, "fair_value": 23.898245, "relative_strength": -6.223464, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 36.217762, "energy": 20.467684, "activity_lines": [ 27.500465, 27.655438, 27.468018, 27.186094 ] }, { "date": "2024-07-05", "close": 28.190452, "volume": 173664, "typical_volume": 706052.0, "trend": 26.833032, "fair_value": 23.916468, "relative_strength": -5.414561, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 53.070069, "energy": 25.560774, "activity_lines": [ 27.682171, 27.756495, 27.554367, 27.28129 ] }, { "date": "2024-07-12", "close": 28.693182, "volume": 270992, "typical_volume": 698018.75, "trend": 26.955822, "fair_value": 23.940169, "relative_strength": -4.486942, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 75.404737, "energy": 47.088749, "activity_lines": [ 28.031646, 27.92673, 27.679659, 27.401299 ] }, { "date": "2024-07-19", "close": 28.096484, "volume": 303409, "typical_volume": 687841.4, "trend": 27.039815, "fair_value": 23.958381, "relative_strength": -4.442944, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 56.454875, "energy": 52.471872, "activity_lines": [ 28.138456, 27.9623, 27.738196, 27.47489 ] }, { "date": "2024-07-26", "close": 27.993119, "volume": 403005, "typical_volume": 668835.0, "trend": 27.11207, "fair_value": 23.975769, "relative_strength": -3.855819, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 55.974212, "energy": 51.988757, "activity_lines": [ 28.151925, 27.971791, 27.780989, 27.536394 ] }, { "date": "2024-08-02", "close": 26.997056, "volume": 271779, "typical_volume": 546018.7, "trend": 27.160336, "fair_value": 23.986504, "relative_strength": -5.109888, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 19.013939, "energy": 16.241125, "activity_lines": [ 27.788268, 27.803317, 27.725396, 27.528974 ] }, { "date": "2024-08-09", "close": 27.260167, "volume": 372115, "typical_volume": 542066.75, "trend": 27.208467, "fair_value": 23.996401, "relative_strength": -4.052104, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 15.834516, "energy": 13.097028, "activity_lines": [ 27.543638, 27.701585, 27.695294, 27.535414 ] }, { "date": "2024-08-16", "close": 28.368992, "volume": 554051, "typical_volume": 553652.7, "trend": 27.303693, "fair_value": 24.018154, "relative_strength": -3.860031, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 42.292863, "energy": 20.696248, "activity_lines": [ 27.730635, 27.818424, 27.770806, 27.610287 ] }, { "date": "2024-08-23", "close": 29.196288, "volume": 665486, "typical_volume": 496562.25, "trend": 27.413597, "fair_value": 24.042664, "relative_strength": -2.335478, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 67.148479, "energy": 33.30686, "activity_lines": [ 28.215009, 28.079638, 27.920937, 27.73239 ] }, { "date": "2024-08-30", "close": 29.263851, "volume": 251856, "typical_volume": 495475.8, "trend": 27.522682, "fair_value": 24.063903, "relative_strength": -2.289688, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 71.203184, "energy": 66.981445, "activity_lines": [ 28.648585, 28.31708, 28.068471, 27.851761 ] }, { "date": "2024-09-06", "close": 28.190452, "volume": 688482, "typical_volume": 511998.45, "trend": 27.597522, "fair_value": 24.080032, "relative_strength": -1.731918, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 54.443682, "energy": 61.86644, "activity_lines": [ 28.639645, 28.323954, 28.101747, 27.894843 ] }, { "date": "2024-09-13", "close": 28.791849, "volume": 343682, "typical_volume": 516085.6, "trend": 27.680125, "fair_value": 24.102379, "relative_strength": -3.366437, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 58.690807, "energy": 63.959419, "activity_lines": [ 28.751612, 28.427016, 28.183845, 27.971896 ] }, { "date": "2024-09-20", "close": 29.092547, "volume": 357438, "typical_volume": 522033.0, "trend": 27.762923, "fair_value": 24.128211, "relative_strength": -3.559458, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.295501, "energy": 57.698319, "activity_lines": [ 28.861698, 28.573817, 28.285896, 28.06302 ] }, { "date": "2024-09-27", "close": 29.656356, "volume": 280487, "typical_volume": 516421.65, "trend": 27.856222, "fair_value": 24.162436, "relative_strength": -2.115208, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 72.729557, "energy": 49.038336, "activity_lines": [ 29.111485, 28.815867, 28.432886, 28.185177 ] }, { "date": "2024-10-04", "close": 29.195912, "volume": 307619, "typical_volume": 520753.1, "trend": 27.920967, "fair_value": 24.193602, "relative_strength": -3.752384, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 60.502021, "energy": 50.572992, "activity_lines": [ 29.177118, 28.945839, 28.526687, 28.271609 ] }, { "date": "2024-10-11", "close": 29.158324, "volume": 593860, "typical_volume": 512942.3, "trend": 27.989988, "fair_value": 24.220929, "relative_strength": -4.83012, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 59.035543, "energy": 49.050149, "activity_lines": [ 29.234752, 29.047107, 28.612004, 28.351438 ] }, { "date": "2024-10-18", "close": 28.998579, "volume": 434034, "typical_volume": 506895.35, "trend": 28.047848, "fair_value": 24.246588, "relative_strength": -6.000015, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 57.372512, "energy": 40.682031, "activity_lines": [ 29.174612, 29.080035, 28.676765, 28.416509 ] }, { "date": "2024-10-25", "close": 28.190452, "volume": 512240, "typical_volume": 496770.3, "trend": 28.071093, "fair_value": 24.268087, "relative_strength": -7.526653, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 31.022895, "energy": 18.820202, "activity_lines": [ 28.831315, 28.934424, 28.660727, 28.425709 ] }, { "date": "2024-11-01", "close": 28.096484, "volume": 570321, "typical_volume": 404052.9, "trend": 28.097655, "fair_value": 24.286513, "relative_strength": -6.342935, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 17.167184, "energy": 15.320722, "activity_lines": [ 28.516835, 28.774974, 28.635008, 28.427347 ] }, { "date": "2024-11-08", "close": 28.115278, "volume": 463664, "typical_volume": 410025.3, "trend": 28.143577, "fair_value": 24.304369, "relative_strength": -10.312772, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 11.256626, "energy": 19.677067, "activity_lines": [ 28.312611, 28.638937, 28.606873, 28.428484 ] }, { "date": "2024-11-15", "close": 27.542072, "volume": 761937, "typical_volume": 429006.05, "trend": 28.181142, "fair_value": 24.321389, "relative_strength": -10.027746, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -33.714978, "energy": 35.824586, "activity_lines": [ 27.98936, 28.419564, 28.520343, 28.389677 ] }, { "date": "2024-11-22", "close": 27.692421, "volume": 635085, "typical_volume": 452077.1, "trend": 28.205291, "fair_value": 24.345012, "relative_strength": -10.756762, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -28.378459, "energy": 47.852194, "activity_lines": [ 27.823976, 28.239316, 28.447774, 28.358147 ] }, { "date": "2024-11-29", "close": 28.111519, "volume": 567895, "typical_volume": 466922.25, "trend": 28.23389, "fair_value": 24.372502, "relative_strength": -10.202833, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -21.95867, "energy": 41.059048, "activity_lines": [ 27.885369, 28.155257, 28.417491, 28.352097 ] }, { "date": "2024-12-06", "close": 28.577319, "volume": 654282, "typical_volume": 484465.9, "trend": 28.263274, "fair_value": 24.399273, "relative_strength": -9.260843, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -10.121611, "energy": 19.904773, "activity_lines": [ 28.10729, 28.173726, 28.434339, 28.374254 ] }, { "date": "2024-12-13", "close": 28.199849, "volume": 770255, "typical_volume": 502828.4, "trend": 28.264413, "fair_value": 24.425021, "relative_strength": -9.687256, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -1.041777, "energy": 6.642608, "activity_lines": [ 28.171333, 28.143183, 28.412948, 28.370162 ] }, { "date": "2024-12-20", "close": 27.228411, "volume": 920559, "typical_volume": 535267.4, "trend": 28.237469, "fair_value": 24.441185, "relative_strength": -10.881954, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -42.054483, "energy": 24.242646, "activity_lines": [ 27.905924, 27.954125, 28.298055, 28.303323 ] }, { "date": "2024-12-27", "close": 27.573533, "volume": 711037, "typical_volume": 552213.5, "trend": 28.216809, "fair_value": 24.458398, "relative_strength": -10.047019, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -32.031176, "energy": 25.324996, "activity_lines": [ 27.776468, 27.862906, 28.214929, 28.260489 ] }, { "date": "2025-01-03", "close": 27.42862, "volume": 570867, "typical_volume": 553054.3, "trend": 28.19654, "fair_value": 24.473575, "relative_strength": -9.755203, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -35.78591, "energy": 50.522235, "activity_lines": [ 27.606632, 27.771249, 28.11651, 28.209638 ] }, { "date": "2025-01-10", "close": 27.152141, "volume": 524563, "typical_volume": 546008.15, "trend": 28.194505, "fair_value": 24.485984, "relative_strength": -8.624754, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -68.007062, "energy": 69.671149, "activity_lines": [ 27.390164, 27.643174, 27.996237, 28.142257 ] }, { "date": "2025-01-17", "close": 27.638363, "volume": 1131425, "typical_volume": 589986.6, "trend": 28.205232, "fair_value": 24.507377, "relative_strength": -9.399668, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -57.976107, "energy": 56.328808, "activity_lines": [ 27.430781, 27.620674, 27.932005, 28.106377 ] }, { "date": "2025-01-24", "close": 28.477333, "volume": 403158, "typical_volume": 575720.4, "trend": 28.238914, "fair_value": 24.538023, "relative_strength": -8.002991, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -28.211721, "energy": 19.855493, "activity_lines": [ 27.788488, 27.759384, 27.955415, 28.123932 ] }, { "date": "2025-01-31", "close": 28.505935, "volume": 700443, "typical_volume": 593558.45, "trend": 28.24943, "fair_value": 24.565586, "relative_strength": -6.762302, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -16.373055, "energy": 13.094497, "activity_lines": [ 28.072467, 27.88629, 27.980184, 28.141159 ] }, { "date": "2025-02-07", "close": 28.734745, "volume": 1718303, "typical_volume": 661601.7, "trend": 28.250815, "fair_value": 24.593806, "relative_strength": -5.685416, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 22.135664, "energy": 25.532832, "activity_lines": [ 28.370555, 28.040007, 28.028105, 28.17247 ] }, { "date": "2025-02-14", "close": 29.392574, "volume": 498293, "typical_volume": 672492.0, "trend": 28.294018, "fair_value": 24.626998, "relative_strength": -4.753397, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 38.693617, "energy": 40.873865, "activity_lines": [ 28.800846, 28.301998, 28.14038, 28.246132 ] }, { "date": "2025-02-21", "close": 29.430709, "volume": 369508, "typical_volume": 675586.45, "trend": 28.341938, "fair_value": 24.662427, "relative_strength": -2.930413, "stage": 3, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 37.496735, "energy": 60.850259, "activity_lines": [ 29.094485, 28.5561, 28.257544, 28.319466 ] }, { "date": "2025-02-28", "close": 29.249568, "volume": 1109789, "typical_volume": 701382.9, "trend": 28.417021, "fair_value": 24.703614, "relative_strength": -2.451106, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 29.897953, "energy": 59.016101, "activity_lines": [ 29.208255, 28.754887, 28.356337, 28.378023 ] }, { "date": "2025-03-07", "close": 30.32488, "volume": 1524157, "typical_volume": 755889.05, "trend": 28.519179, "fair_value": 24.753355, "relative_strength": 4.392872, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 58.149704, "energy": 73.73993, "activity_lines": [ 29.628979, 29.112438, 28.557107, 28.501111 ] }, { "date": "2025-03-14", "close": 30.030287, "volume": 854423, "typical_volume": 772998.2, "trend": 28.574555, "fair_value": 24.792019, "relative_strength": 5.798374, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 72.437661, "energy": 76.579118, "activity_lines": [ 29.830243, 29.366401, 28.723505, 28.598602 ] }, { "date": "2025-03-21", "close": 30.088538, "volume": 652735, "typical_volume": 777118.9, "trend": 28.604297, "fair_value": 24.831166, "relative_strength": 5.451393, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 70.931103, "energy": 76.477654, "activity_lines": [ 29.964555, 29.583653, 28.88669, 28.696278 ] }, { "date": "2025-03-28", "close": 29.649986, "volume": 2996296, "typical_volume": 903750.5, "trend": 28.617168, "fair_value": 24.866672, "relative_strength": 5.465048, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 64.782266, "energy": 67.965388, "activity_lines": [ 29.906285, 29.667779, 28.998621, 28.763742 ] }, { "date": "2025-04-04", "close": 26.942398, "volume": 867115, "typical_volume": 909009.4, "trend": 28.575566, "fair_value": 24.888642, "relative_strength": 5.389697, "stage": 1, "regime": "rotation_down", "modifier": "Structural failure", "gate": "up", "direction": 9.323354, "energy": 9.76375, "activity_lines": [ 28.930867, 29.223041, 28.845379, 28.655692 ] }, { "date": "2025-04-11", "close": 28.505935, "volume": 1043589, "typical_volume": 929434.6, "trend": 28.566036, "fair_value": 24.921353, "relative_strength": 5.505099, "stage": 1, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "up", "direction": 23.192454, "energy": 20.709374, "activity_lines": [ 28.630439, 29.090491, 28.843901, 28.6512 ] }, { "date": "2025-04-18", "close": 29.38304, "volume": 682514, "typical_volume": 935165.55, "trend": 28.575719, "fair_value": 24.962566, "relative_strength": 10.231882, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 31.004138, "energy": 25.015896, "activity_lines": [ 28.743643, 29.117414, 28.922083, 28.70391 ] }, { "date": "2025-04-25", "close": 30.317349, "volume": 650876, "typical_volume": 934995.25, "trend": 28.597752, "fair_value": 25.013144, "relative_strength": 8.67747, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 48.926715, "energy": 27.087206, "activity_lines": [ 29.211433, 29.302425, 29.083191, 28.816273 ] }, { "date": "2025-05-02", "close": 31.10865, "volume": 16072303, "typical_volume": 1700097.65, "trend": 28.66151, "fair_value": 25.070567, "relative_strength": 8.304946, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 72.823831, "energy": 55.257173, "activity_lines": [ 29.927736, 29.614494, 29.311376, 28.978267 ] }, { "date": "2025-05-09", "close": 31.10865, "volume": 980455, "typical_volume": 1703092.45, "trend": 28.726521, "fair_value": 25.129263, "relative_strength": 8.716834, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 71.118073, "energy": 75.363119, "activity_lines": [ 30.546794, 29.896055, 29.525709, 29.136147 ] }, { "date": "2025-05-16", "close": 31.623473, "volume": 808591, "typical_volume": 1707970.15, "trend": 28.814017, "fair_value": 25.189376, "relative_strength": 4.988314, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 76.18985, "energy": 82.89914, "activity_lines": [ 31.05971, 30.237419, 29.770596, 29.323047 ] }, { "date": "2025-05-23", "close": 32.033425, "volume": 1014619, "typical_volume": 1730157.75, "trend": 28.942116, "fair_value": 25.247634, "relative_strength": 9.050697, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 78.870452, "energy": 86.056016, "activity_lines": [ 31.501441, 30.629709, 30.035241, 29.53075 ] }, { "date": "2025-05-30", "close": 32.290836, "volume": 634106, "typical_volume": 1735634.9, "trend": 29.081928, "fair_value": 25.308926, "relative_strength": 7.983145, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 77.673975, "energy": 87.004282, "activity_lines": [ 31.852283, 31.03238, 30.302473, 29.746797 ] }, { "date": "2025-06-06", "close": 32.557782, "volume": 832119, "typical_volume": 1720669.6, "trend": 29.230011, "fair_value": 25.379292, "relative_strength": 7.056497, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 77.770478, "energy": 88.567029, "activity_lines": [ 32.160542, 31.443545, 30.570658, 29.971046 ] }, { "date": "2025-06-13", "close": 32.500579, "volume": 726814, "typical_volume": 1736852.4, "trend": 29.395295, "fair_value": 25.456359, "relative_strength": 7.102694, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 72.162433, "energy": 85.359791, "activity_lines": [ 32.353124, 31.791441, 30.80997, 30.18205 ] }, { "date": "2025-06-20", "close": 31.985125, "volume": 943746, "typical_volume": 1749017.55, "trend": 29.538385, "fair_value": 25.526107, "relative_strength": 5.453055, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.00582, "energy": 67.037551, "activity_lines": [ 32.281092, 31.944559, 30.981033, 30.349136 ] }, { "date": "2025-06-27", "close": 33.119143, "volume": 1545285, "typical_volume": 1740366.65, "trend": 29.705306, "fair_value": 25.605499, "relative_strength": 5.418755, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 77.640637, "energy": 63.673859, "activity_lines": [ 32.562957, 32.240605, 31.243529, 30.580152 ] }, { "date": "2025-07-04", "close": 33.283915, "volume": 659299, "typical_volume": 1748416.95, "trend": 29.862192, "fair_value": 25.686343, "relative_strength": 4.106956, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 78.507348, "energy": 73.94195, "activity_lines": [ 32.827364, 32.498681, 31.500841, 30.81103 ] }, { "date": "2025-07-11", "close": 33.002834, "volume": 840074, "typical_volume": 1771945.25, "trend": 30.022292, "fair_value": 25.76793, "relative_strength": 3.471777, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 69.369705, "energy": 80.405472, "activity_lines": [ 32.931873, 32.651713, 31.712852, 31.013652 ] }, { "date": "2025-07-18", "close": 32.871985, "volume": 793724, "typical_volume": 1756142.0, "trend": 30.210411, "fair_value": 25.844098, "relative_strength": 2.389484, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.88313, "energy": 83.024265, "activity_lines": [ 32.963094, 32.746514, 31.895392, 31.197504 ] }, { "date": "2025-07-25", "close": 33.807308, "volume": 1128324, "typical_volume": 1736350.35, "trend": 30.418204, "fair_value": 25.92157, "relative_strength": 3.689975, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 83.014691, "energy": 90.772629, "activity_lines": [ 33.28133, 32.979314, 32.14976, 31.429561 ] }, { "date": "2025-08-01", "close": 32.71206, "volume": 995156, "typical_volume": 1743387.0, "trend": 30.594318, "fair_value": 25.993547, "relative_strength": 2.761538, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.068136, "energy": 61.011874, "activity_lines": [ 33.113005, 32.973271, 32.283236, 31.577552 ] }, { "date": "2025-08-08", "close": 33.846078, "volume": 832950, "typical_volume": 1752397.75, "trend": 30.817449, "fair_value": 26.069232, "relative_strength": 3.692098, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 78.528609, "energy": 64.910015, "activity_lines": [ 33.349824, 33.161075, 32.511944, 31.787343 ] }, { "date": "2025-08-15", "close": 34.437318, "volume": 518425, "typical_volume": 1628504.2, "trend": 31.044081, "fair_value": 26.152834, "relative_strength": 4.410141, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 83.683852, "energy": 70.357605, "activity_lines": [ 33.746246, 33.4281, 32.779066, 32.020883 ] }, { "date": "2025-08-22", "close": 34.863786, "volume": 1012560, "typical_volume": 1635776.45, "trend": 31.256963, "fair_value": 26.243184, "relative_strength": 5.33983, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 83.824443, "energy": 71.200518, "activity_lines": [ 34.189191, 33.738491, 33.064009, 32.267316 ] }, { "date": "2025-08-29", "close": 34.243469, "volume": 722253, "typical_volume": 1619709.65, "trend": 31.448214, "fair_value": 26.334249, "relative_strength": 3.486862, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.725727, "energy": 69.932084, "activity_lines": [ 34.292577, 33.89313, 33.252152, 32.459993 ] }, { "date": "2025-09-05", "close": 34.321009, "volume": 1161247, "typical_volume": 1643646.3, "trend": 31.634423, "fair_value": 26.421515, "relative_strength": 3.362154, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.798204, "energy": 64.698288, "activity_lines": [ 34.392733, 34.020807, 33.420358, 32.645335 ] }, { "date": "2025-09-12", "close": 34.815324, "volume": 1015902, "typical_volume": 1661897.6, "trend": 31.815181, "fair_value": 26.51636, "relative_strength": 3.186599, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 72.050718, "energy": 63.905924, "activity_lines": [ 34.550397, 34.216506, 33.612128, 32.850554 ] }, { "date": "2025-09-19", "close": 34.747477, "volume": 9504091, "typical_volume": 1333487.0, "trend": 31.992407, "fair_value": 26.618458, "relative_strength": 1.708406, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.34687, "energy": 59.762801, "activity_lines": [ 34.620829, 34.372026, 33.776018, 33.039735 ] }, { "date": "2025-09-26", "close": 34.621475, "volume": 1085585, "typical_volume": 1338743.5, "trend": 32.17147, "fair_value": 26.722009, "relative_strength": 1.63546, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.989131, "energy": 56.960017, "activity_lines": [ 34.628583, 34.472916, 33.91058, 33.209352 ] }, { "date": "2025-10-03", "close": 35.425949, "volume": 797337, "typical_volume": 1338180.8, "trend": 32.341506, "fair_value": 26.828626, "relative_strength": 2.796217, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 76.70657, "energy": 62.981848, "activity_lines": [ 34.920649, 34.688265, 34.10503, 33.419318 ] }, { "date": "2025-10-10", "close": 34.350086, "volume": 979979, "typical_volume": 1336448.8, "trend": 32.485499, "fair_value": 26.930325, "relative_strength": 2.08137, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 59.485424, "energy": 48.956194, "activity_lines": [ 34.775262, 34.678572, 34.17891, 33.548904 ] }, { "date": "2025-10-17", "close": 35.086713, "volume": 1034887, "typical_volume": 1356487.85, "trend": 32.652105, "fair_value": 27.032392, "relative_strength": 2.386516, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.798703, "energy": 49.12716, "activity_lines": [ 34.873479, 34.77303, 34.311914, 33.716725 ] }, { "date": "2025-10-24", "close": 35.387179, "volume": 804451, "typical_volume": 1355104.45, "trend": 32.843345, "fair_value": 27.132599, "relative_strength": 1.19017, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 70.676804, "energy": 53.568259, "activity_lines": [ 35.053759, 34.89956, 34.460219, 33.893181 ] }, { "date": "2025-10-31", "close": 35.212715, "volume": 890888, "typical_volume": 1363308.15, "trend": 33.119022, "fair_value": 27.229538, "relative_strength": -0.086859, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.514373, "energy": 48.504756, "activity_lines": [ 35.133237, 34.9771, 34.578436, 34.046043 ] }, { "date": "2025-11-07", "close": 35.212715, "volume": 1043375, "typical_volume": 1368289.6, "trend": 33.342582, "fair_value": 27.316499, "relative_strength": 1.379256, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.890715, "energy": 51.474986, "activity_lines": [ 35.173299, 35.048296, 34.683737, 34.18112 ] }, { "date": "2025-11-14", "close": 35.716723, "volume": 807080, "typical_volume": 1331379.35, "trend": 33.553704, "fair_value": 27.407737, "relative_strength": 2.471526, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 73.659659, "energy": 62.94167, "activity_lines": [ 35.395579, 35.193506, 34.82167, 34.334291 ] }, { "date": "2025-11-21", "close": 34.844401, "volume": 971525, "typical_volume": 1346990.65, "trend": 33.704606, "fair_value": 27.48992, "relative_strength": 1.70668, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 58.815694, "energy": 42.269236, "activity_lines": [ 35.235977, 35.154736, 34.864156, 34.417562 ] }, { "date": "2025-11-28", "close": 35.968727, "volume": 1165552, "typical_volume": 1363264.55, "trend": 33.866609, "fair_value": 27.57729, "relative_strength": 1.043698, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 73.898724, "energy": 49.579959, "activity_lines": [ 35.467304, 35.319861, 35.006289, 34.563634 ] }, { "date": "2025-12-05", "close": 36.162576, "volume": 862972, "typical_volume": 1366726.95, "trend": 34.035073, "fair_value": 27.667428, "relative_strength": 1.05526, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 74.647828, "energy": 53.935606, "activity_lines": [ 35.724477, 35.498026, 35.15276, 34.711761 ] }, { "date": "2025-12-12", "close": 36.53089, "volume": 970766, "typical_volume": 1358849.05, "trend": 34.198653, "fair_value": 27.762792, "relative_strength": 2.433442, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 77.026384, "energy": 57.692997, "activity_lines": [ 36.041097, 35.715137, 35.31864, 34.872781 ] }, { "date": "2025-12-19", "close": 36.796986, "volume": 1342251, "typical_volume": 1376203.8, "trend": 34.357439, "fair_value": 27.85844, "relative_strength": 2.773824, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 77.872454, "energy": 80.080703, "activity_lines": [ 36.358538, 35.960539, 35.496892, 35.040416 ] }, { "date": "2025-12-26", "close": 37.298227, "volume": 523181, "typical_volume": 1360715.35, "trend": 34.524352, "fair_value": 27.95758, "relative_strength": 2.439311, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 81.468668, "energy": 87.200878, "activity_lines": [ 36.771042, 36.252587, 35.70343, 35.230144 ] }, { "date": "2026-01-02", "close": 37.50462, "volume": 630810, "typical_volume": 1366334.6, "trend": 34.689246, "fair_value": 28.053326, "relative_strength": 3.779277, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 81.21849, "energy": 90.453292, "activity_lines": [ 37.088755, 36.541952, 35.913186, 35.422419 ] }, { "date": "2026-01-09", "close": 38.153285, "volume": 1143860, "typical_volume": 1372899.6, "trend": 34.87767, "fair_value": 28.148679, "relative_strength": 3.628086, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 87.926524, "energy": 94.356404, "activity_lines": [ 37.520297, 36.910757, 36.170113, 35.645906 ] }, { "date": "2026-01-16", "close": 38.389163, "volume": 1016593, "typical_volume": 1387616.6, "trend": 35.091138, "fair_value": 28.244293, "relative_strength": 4.302679, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 85.682258, "energy": 94.178591, "activity_lines": [ 37.89775, 37.268984, 36.43384, 35.872454 ] }, { "date": "2026-01-23", "close": 38.664354, "volume": 651788, "typical_volume": 1362143.65, "trend": 35.275978, "fair_value": 28.340533, "relative_strength": 5.08997, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 83.203195, "energy": 92.992259, "activity_lines": [ 38.24305, 37.619492, 36.704034, 36.102984 ] }, { "date": "2026-01-30", "close": 39.008343, "volume": 1312221, "typical_volume": 1376959.6, "trend": 35.466792, "fair_value": 28.439262, "relative_strength": 5.284525, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 83.019874, "energy": 92.368695, "activity_lines": [ 38.578521, 37.97895, 36.986307, 36.343781 ] }, { "date": "2026-02-06", "close": 39.843745, "volume": 877007, "typical_volume": 945605.4, "trend": 35.694823, "fair_value": 28.544712, "relative_strength": 7.390694, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 89.734518, "energy": 92.257766, "activity_lines": [ 39.078451, 38.414592, 37.328175, 36.626165 ] }, { "date": "2026-02-13", "close": 40.423612, "volume": 1165697, "typical_volume": 949611.0, "trend": 35.946544, "fair_value": 28.653083, "relative_strength": 9.957039, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 90.425816, "energy": 90.718466, "activity_lines": [ 39.615729, 38.885209, 37.701001, 36.931249 ] }, { "date": "2026-02-20", "close": 40.718459, "volume": 1197933, "typical_volume": 969640.8, "trend": 36.176915, "fair_value": 28.767439, "relative_strength": 9.158126, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 87.886315, "energy": 94.610553, "activity_lines": [ 40.099935, 39.331961, 38.074278, 37.239114 ] }, { "date": "2026-02-27", "close": 40.905196, "volume": 1031553, "typical_volume": 972219.5, "trend": 36.45002, "fair_value": 28.879238, "relative_strength": 9.825063, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 83.492378, "energy": 93.80186, "activity_lines": [ 40.491099, 39.736527, 38.440137, 37.544164 ] }, { "date": "2026-03-06", "close": 38.379335, "volume": 999396, "typical_volume": 970444.95, "trend": 36.601129, "fair_value": 28.979966, "relative_strength": 4.98759, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.297817, "energy": 66.126368, "activity_lines": [ 39.89092, 39.607152, 38.534223, 37.668636 ] }, { "date": "2026-03-13", "close": 37.6717, "volume": 1779838, "typical_volume": 1019214.3, "trend": 36.708941, "fair_value": 29.079855, "relative_strength": 4.514683, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 47.459316, "energy": 43.015028, "activity_lines": [ 39.096797, 39.329459, 38.545236, 37.737706 ] }, { "date": "2026-03-20", "close": 36.855955, "volume": 1593409, "typical_volume": 1054340.35, "trend": 36.775347, "fair_value": 29.1715, "relative_strength": 4.021082, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 12.611932, "energy": 23.854794, "activity_lines": [ 38.175562, 38.900411, 38.46768, 37.74719 ] }, { "date": "2026-03-27", "close": 37.042692, "volume": 2097441, "typical_volume": 1107043.65, "trend": 36.868654, "fair_value": 29.258255, "relative_strength": 6.768446, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 4.995778, "energy": 29.098563, "activity_lines": [ 37.554416, 38.528903, 38.400084, 37.764438 ] }, { "date": "2026-04-03", "close": 38.674182, "volume": 928460, "typical_volume": 1113112.65, "trend": 37.01376, "fair_value": 29.354956, "relative_strength": 7.585328, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 11.583985, "energy": 25.389439, "activity_lines": [ 37.722152, 38.478511, 38.479154, 37.880924 ] }, { "date": "2026-04-10", "close": 40.187733, "volume": 2580576, "typical_volume": 1193565.2, "trend": 37.19284, "fair_value": 29.458173, "relative_strength": 7.713309, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 48.134868, "energy": 24.646682, "activity_lines": [ 38.543139, 38.703131, 38.688288, 38.085696 ] }, { "date": "2026-04-17", "close": 40.983822, "volume": 1502099, "typical_volume": 1210392.55, "trend": 37.400719, "fair_value": 29.566267, "relative_strength": 5.055189, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 69.535005, "energy": 43.80749, "activity_lines": [ 39.508928, 39.051051, 38.947796, 38.330276 ] }, { "date": "2026-04-24", "close": 39.971512, "volume": 903298, "typical_volume": 1212408.85, "trend": 37.579053, "fair_value": 29.668155, "relative_strength": 1.904345, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 56.327511, "energy": 49.897365, "activity_lines": [ 39.916474, 39.194186, 39.087012, 38.496134 ] }, { "date": "2026-05-01", "close": 40.177905, "volume": 1041210, "typical_volume": 1215931.05, "trend": 37.737452, "fair_value": 29.770741, "relative_strength": 1.468479, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 57.715195, "energy": 62.131557, "activity_lines": [ 40.185112, 39.383067, 39.227747, 38.663801 ] }, { "date": "2026-05-08", "close": 40.679146, "volume": 3257127, "typical_volume": 1311674.85, "trend": 37.94842, "fair_value": 29.878133, "relative_strength": 0.392133, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 64.108055, "energy": 65.153425, "activity_lines": [ 40.411818, 39.672911, 39.398852, 38.853588 ] }, { "date": "2026-05-15", "close": 39.922371, "volume": 1288435, "typical_volume": 1349937.55, "trend": 38.109609, "fair_value": 29.97982, "relative_strength": -1.688274, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 55.398807, "energy": 38.829555, "activity_lines": [ 40.2526, 39.82927, 39.479397, 38.98094 ] }, { "date": "2026-05-22", "close": 40.620177, "volume": 1026478, "typical_volume": 1369720.95, "trend": 38.284042, "fair_value": 30.089223, "relative_strength": -0.786708, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 59.310339, "energy": 38.692923, "activity_lines": [ 40.343675, 40.084447, 39.613904, 39.142912 ] }, { "date": "2026-05-29", "close": 40.82657, "volume": 1038869, "typical_volume": 1364471.4, "trend": 38.471171, "fair_value": 30.198527, "relative_strength": -1.661695, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 60.103742, "energy": 39.035644, "activity_lines": [ 40.527791, 40.323542, 39.753231, 39.306946 ] }, { "date": "2026-06-05", "close": 40.050138, "volume": 790032, "typical_volume": 1353143.35, "trend": 38.632418, "fair_value": 30.302057, "relative_strength": -1.03294, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 52.46655, "energy": 32.870625, "activity_lines": [ 40.396093, 40.349274, 39.805882, 39.408815 ] }, { "date": "2026-06-12", "close": 41.082105, "volume": 1628113, "typical_volume": 1401959.6, "trend": 38.811264, "fair_value": 30.408165, "relative_strength": 0.930955, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.256198, "energy": 39.488207, "activity_lines": [ 40.616901, 40.507956, 39.948907, 39.566859 ] }, { "date": "2026-06-19", "close": 41.22, "volume": 1624001, "typical_volume": 1417548.6, "trend": 39.023784, "fair_value": 30.520501, "relative_strength": 0.309776, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.242997, "energy": 46.250791, "activity_lines": [ 40.85681, 40.647929, 40.093551, 39.722261 ] }, { "date": "2026-06-26", "close": 40.63, "volume": 1238944, "typical_volume": 1435645.45, "trend": 39.17916, "fair_value": 30.625221, "relative_strength": 1.236201, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 54.500275, "energy": 34.80731, "activity_lines": [ 40.813544, 40.661861, 40.171473, 39.825888 ] }, { "date": "2026-07-03", "close": 41.24, "volume": 1345703, "typical_volume": 1444645.75, "trend": 39.348407, "fair_value": 30.73664, "relative_strength": 0.522872, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 61.995343, "energy": 47.88614, "activity_lines": [ 40.972957, 40.793135, 40.303747, 39.958846 ] }, { "date": "2026-07-10", "close": 41.31, "volume": 1427529, "typical_volume": 1456125.55, "trend": 39.507711, "fair_value": 30.842582, "relative_strength": -0.704987, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 60.919366, "energy": 48.976595, "activity_lines": [ 41.12814, 40.914073, 40.438799, 40.0854 ] }, { "date": "2026-07-17", "close": 41.04, "volume": 1387033, "typical_volume": 1473899.55, "trend": 39.649145, "fair_value": 30.946329, "relative_strength": 0.114667, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 55.443968, "energy": 36.876913, "activity_lines": [ 41.109333, 40.965337, 40.54532, 40.184257 ] }, { "date": "2026-07-24", "close": 41.22, "volume": 963783, "typical_volume": 1472118.9, "trend": 39.779871, "fair_value": 31.050086, "relative_strength": 1.071921, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 57.546225, "energy": 41.940918, "activity_lines": [ 41.153333, 41.042766, 40.668342, 40.285603 ] }, { "date": "2026-07-31", "close": 41.95, "volume": 779431, "typical_volume": 1422098.55, "trend": 39.92805, "fair_value": 31.162743, "relative_strength": 1.64178, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.703157, "energy": 50.933639, "activity_lines": [ 41.440667, 41.22933, 40.847361, 40.425611 ] }, { "date": "2026-08-07", "close": 43.07, "volume": 962272, "typical_volume": 1390541.7, "trend": 40.09194, "fair_value": 31.28259, "relative_strength": 0.745674, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 83.387525, "energy": 73.49951, "activity_lines": [ 42.013333, 41.595352, 41.112674, 40.628318 ] } ], "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." } } }