{ "ticker": { "uuid": "cc50ded0-f40f-497e-afe4-681b4bc0e25d", "symbol": "DFCF", "name": "DIMENSIONAL ETF TRUST CORE FIXED INCOME 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": 3, "stage_name": "Distribution", "phase": "3a", "phase_label": "Stage 3A \u00b7 Churning", "transition": "stage_3_churning", "transition_label": "Stage 3 range intact", "confidence": 65.262, "architecture_regime": "downward_expansion", "architecture_regime_label": "Downward Expansion", "architecture_modifier": "Early contraction", "architecture_gate": "down", "architecture_direction": -56.758, "architecture_energy": 58.626, "architecture_maturity": 4.546, "architecture_confidence": 88.201, "architecture_tenure": "New", "architecture": { "interpretation": { "headline": "The weekly architecture is expanding downward.", "body": "Trend and Activity show sustained negative alignment with weak price acceptance. Repair requires persistent improvement across the structure, not merely one strong observation." }, "scores": { "balance": 25.39, "rotation_up": 11.26, "upward_expansion": 12.97, "deceleration": 37.82, "rotation_down": 64.44, "downward_expansion": 86.31 }, "activity_lines": [ 41.649229, 41.770109, 41.867772, 41.936817 ], "activity_state": "Moderate", "activity_direction": "Expanding", "rotation_direction": "Weakening", "price_acceptance": -0.666667 }, "latest_close": 41.75, "trend_reference": 42.03701, "distance_from_trend": -0.006828, "trend_direction": "Weakening", "fair_value": 39.690565, "distance_from_fair_value": 0.051887, "fair_value_direction": "Weakening", "relative_strength": -11.348511, "relative_strength_direction": "Weakening", "price_momentum": -0.011901, "excess_performance": -0.137526, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.006828, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.000822, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.051887, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.021635, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.113485, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.014498, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.011901, "read": "Negative" }, { "label": "Volume balance", "positive": true, "value": 1.097775, "read": "Demand-led" } ], "volume": { "latest": 5459743, "relative_activity": 0.849936, "balance": 1.097775, "dry_up": 0.964877, "accumulation_observations": 2, "distribution_observations": 2 }, "risk": { "range_context": 0.008626, "annualized_volatility": 0.04671, "from_high_reference": -0.025287, "from_low_reference": 0.023162 }, "levels": { "trend_reference": 42.03701, "fair_value_reference": 39.690565, "structural_low": 41.3689, "invalidation": "A decisive breakout above range resistance with renewed RS leadership invalidates the distribution reading; a range-low break confirms deterioration." }, "outcomes": [ { "horizon": "Near term", "sample_count": 5, "median_return": 0.020102, "positive_rate": 0.6, "directional_follow_through": 0.4, "median_excess_return": -0.00409, "regime_survival": 0.6, "best_return": 0.039779, "worst_return": -0.025534, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 3, "median_return": 0.013981, "positive_rate": 1.0, "directional_follow_through": 0.0, "median_excess_return": -0.029115, "regime_survival": 0.333333, "best_return": 0.03115, "worst_return": 0.009423, "sufficient": false }, { "horizon": "Extended", "sample_count": 2, "median_return": 0.042254, "positive_rate": 1.0, "directional_follow_through": 0.0, "median_excess_return": -0.058922, "regime_survival": 0.0, "best_return": 0.043641, "worst_return": 0.040868, "sufficient": false }, { "horizon": "Full cycle", "sample_count": 2, "median_return": 0.086427, "positive_rate": 1.0, "directional_follow_through": 0.0, "median_excess_return": -0.143014, "regime_survival": 0.0, "best_return": 0.098506, "worst_return": 0.074348, "sufficient": false } ], "ledger": [ { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-02-23", "end": "2024-03-22", "tenure": "Developing", "return": 0.009357, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-03-29", "end": "2024-04-12", "tenure": "New", "return": -0.015018, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-04-19", "end": "2024-06-14", "tenure": "Developing", "return": 0.030259, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-06-21", "end": "2024-10-18", "tenure": "Established", "return": 0.031444, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-10-25", "end": "2025-01-03", "tenure": "Developing", "return": -0.00799, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-01-10", "end": "2025-01-24", "tenure": "New", "return": 0.011333, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-01-31", "end": "2025-02-14", "tenure": "New", "return": 0.005057, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-02-21", "end": "2025-02-28", "tenure": "New", "return": 0.0115, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-03-07", "end": "2025-04-04", "tenure": "Developing", "return": 0.011138, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-04-11", "end": "2025-05-16", "tenure": "Developing", "return": 0.016056, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-05-23", "end": "2025-06-20", "tenure": "Developing", "return": 0.015985, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-06-27", "end": "2026-05-01", "tenure": "Extended", "return": 0.036322, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-05-08", "end": "2026-07-24", "tenure": "Developing", "return": -0.01499, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-07-31", "end": "2026-08-07", "tenure": "New", "return": 0.006024, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 36.144724, "volume": 1975988, "typical_volume": 1872749.65, "trend": 36.607529, "fair_value": 37.358612, "relative_strength": -7.891697, "stage": 3, "regime": "balance", "modifier": "Neutral compression", "gate": "down", "direction": -58.599145, "energy": 46.194524, "activity_lines": [ 36.34763, 36.439861, 36.531299, 36.584693 ] }, { "date": "2023-08-25", "close": 36.203306, "volume": 2457082, "typical_volume": 1931711.3, "trend": 36.583091, "fair_value": 37.346189, "relative_strength": -8.272405, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -56.669133, "energy": 54.124457, "activity_lines": [ 36.265118, 36.387006, 36.488965, 36.558614 ] }, { "date": "2023-09-01", "close": 36.397473, "volume": 2842623, "typical_volume": 1986624.35, "trend": 36.566274, "fair_value": 37.336096, "relative_strength": -9.809823, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -54.127565, "energy": 51.842691, "activity_lines": [ 36.281541, 36.377023, 36.469869, 36.546639 ] }, { "date": "2023-09-08", "close": 36.282738, "volume": 1542556, "typical_volume": 1996853.6, "trend": 36.563439, "fair_value": 37.325008, "relative_strength": -8.773396, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -52.761949, "energy": 44.884375, "activity_lines": [ 36.276296, 36.350696, 36.442303, 36.528346 ] }, { "date": "2023-09-15", "close": 36.247435, "volume": 2030423, "typical_volume": 1995550.05, "trend": 36.564884, "fair_value": 37.313784, "relative_strength": -8.49972, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -53.082456, "energy": 32.760512, "activity_lines": [ 36.274125, 36.323437, 36.413897, 36.507959 ] }, { "date": "2023-09-22", "close": 36.084722, "volume": 1753435, "typical_volume": 1965029.5, "trend": 36.57273, "fair_value": 37.301113, "relative_strength": -5.906793, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -59.572746, "energy": 33.094443, "activity_lines": [ 36.217321, 36.264593, 36.37397, 36.47698 ] }, { "date": "2023-09-29", "close": 35.76578, "volume": 2533727, "typical_volume": 1988348.4, "trend": 36.567638, "fair_value": 37.285446, "relative_strength": -5.793618, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -71.543117, "energy": 54.460693, "activity_lines": [ 36.058203, 36.158919, 36.30846, 36.424919 ] }, { "date": "2023-10-06", "close": 35.482276, "volume": 3746268, "typical_volume": 2062490.95, "trend": 36.542718, "fair_value": 37.267233, "relative_strength": -6.69981, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -79.056322, "energy": 74.2685, "activity_lines": [ 35.833752, 36.018984, 36.221845, 36.354896 ] }, { "date": "2023-10-13", "close": 35.748061, "volume": 4929433, "typical_volume": 2216657.85, "trend": 36.503882, "fair_value": 37.252041, "relative_strength": -6.140365, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.881346, "energy": 74.083977, "activity_lines": [ 35.758909, 35.948535, 36.164805, 36.303628 ] }, { "date": "2023-10-20", "close": 35.163335, "volume": 3803149, "typical_volume": 2277041.2, "trend": 36.440337, "fair_value": 37.231361, "relative_strength": -5.237527, "stage": 1, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -85.174022, "energy": 85.495018, "activity_lines": [ 35.524802, 35.785541, 36.054814, 36.217141 ] }, { "date": "2023-10-27", "close": 35.375808, "volume": 2725499, "typical_volume": 2312832.4, "trend": 36.390239, "fair_value": 37.213169, "relative_strength": -2.138399, "stage": 1, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -70.332968, "energy": 79.864958, "activity_lines": [ 35.433793, 35.680782, 35.972118, 36.148461 ] }, { "date": "2023-11-03", "close": 36.123561, "volume": 3596096, "typical_volume": 2370351.15, "trend": 36.354363, "fair_value": 37.20259, "relative_strength": -5.394677, "stage": 1, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -60.475645, "energy": 45.083379, "activity_lines": [ 35.639296, 35.725958, 35.966309, 36.131256 ] }, { "date": "2023-11-10", "close": 36.034542, "volume": 3107160, "typical_volume": 2443513.25, "trend": 36.325065, "fair_value": 37.191359, "relative_strength": -6.735534, "stage": 1, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -45.611555, "energy": 32.101448, "activity_lines": [ 35.791274, 35.756399, 35.954385, 36.110623 ] }, { "date": "2023-11-17", "close": 36.550848, "volume": 4935667, "typical_volume": 2604639.1, "trend": 36.316342, "fair_value": 37.185259, "relative_strength": -7.339346, "stage": 1, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -9.838346, "energy": 15.962886, "activity_lines": [ 36.078536, 35.887312, 35.994543, 36.125189 ] }, { "date": "2023-11-24", "close": 36.544467, "volume": 1748602, "typical_volume": 2627818.2, "trend": 36.298416, "fair_value": 37.179214, "relative_strength": -8.074418, "stage": 1, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "mixed", "direction": 14.173452, "energy": 28.085565, "activity_lines": [ 36.310152, 36.01219, 36.034255, 36.139907 ] }, { "date": "2023-12-01", "close": 37.216404, "volume": 4278892, "typical_volume": 2767498.8, "trend": 36.302597, "fair_value": 37.179561, "relative_strength": -6.966933, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 43.642102, "energy": 47.410757, "activity_lines": [ 36.673672, 36.253838, 36.136022, 36.199132 ] }, { "date": "2023-12-08", "close": 37.341833, "volume": 3756159, "typical_volume": 2870986.55, "trend": 36.31386, "fair_value": 37.181064, "relative_strength": -6.631654, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 45.029649, "energy": 69.027171, "activity_lines": [ 36.956295, 36.497715, 36.247268, 36.26618 ] }, { "date": "2023-12-15", "close": 38.004812, "volume": 3847199, "typical_volume": 2975918.25, "trend": 36.368104, "fair_value": 37.188621, "relative_strength": -6.886333, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 88.675162, "energy": 90.200141, "activity_lines": [ 37.378692, 36.833478, 36.418677, 36.375273 ] }, { "date": "2023-12-22", "close": 38.215182, "volume": 3966030, "typical_volume": 3068470.65, "trend": 36.43119, "fair_value": 37.197953, "relative_strength": -6.926988, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 87.354732, "energy": 94.539678, "activity_lines": [ 37.739862, 37.161627, 36.603652, 36.49444 ] }, { "date": "2023-12-29", "close": 38.233217, "volume": 3339075, "typical_volume": 3145753.15, "trend": 36.484103, "fair_value": 37.20728, "relative_strength": -6.909254, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 79.771561, "energy": 92.012998, "activity_lines": [ 37.996088, 37.448197, 36.782202, 36.610699 ] }, { "date": "2024-01-05", "close": 37.82744, "volume": 3427428, "typical_volume": 3218325.15, "trend": 36.526111, "fair_value": 37.212817, "relative_strength": -6.137933, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.899285, "energy": 87.09741, "activity_lines": [ 38.004471, 37.605174, 36.912622, 36.697366 ] }, { "date": "2024-01-12", "close": 38.278303, "volume": 4606916, "typical_volume": 3325816.85, "trend": 36.5814, "fair_value": 37.222246, "relative_strength": -6.48306, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 74.424229, "energy": 86.380439, "activity_lines": [ 38.122407, 37.799551, 37.077969, 36.810411 ] }, { "date": "2024-01-19", "close": 37.984062, "volume": 2474406, "typical_volume": 3307406.0, "trend": 36.626006, "fair_value": 37.228929, "relative_strength": -7.979222, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.125031, "energy": 63.693503, "activity_lines": [ 38.079831, 37.901252, 37.205412, 36.900905 ] }, { "date": "2024-01-26", "close": 37.929928, "volume": 3969304, "typical_volume": 3428743.4, "trend": 36.670854, "fair_value": 37.235025, "relative_strength": -8.749326, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 61.989734, "energy": 57.143657, "activity_lines": [ 38.020593, 37.957665, 37.320144, 36.985029 ] }, { "date": "2024-02-02", "close": 38.128419, "volume": 2646426, "typical_volume": 3459543.55, "trend": 36.737221, "fair_value": 37.242726, "relative_strength": -9.278586, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.20016, "energy": 58.73979, "activity_lines": [ 38.046536, 38.025093, 37.445936, 37.079066 ] }, { "date": "2024-02-09", "close": 37.848727, "volume": 2532533, "typical_volume": 3498498.45, "trend": 36.775563, "fair_value": 37.247906, "relative_strength": -10.872957, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 49.009798, "energy": 45.913467, "activity_lines": [ 37.986235, 38.012869, 37.536134, 37.150776 ] }, { "date": "2024-02-16", "close": 37.713392, "volume": 2778376, "typical_volume": 3510730.9, "trend": 36.808793, "fair_value": 37.251851, "relative_strength": -10.59172, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 46.732191, "energy": 40.429308, "activity_lines": [ 37.879403, 37.964542, 37.605043, 37.211281 ] }, { "date": "2024-02-23", "close": 37.682845, "volume": 2124759, "typical_volume": 3429655.45, "trend": 36.84335, "fair_value": 37.255472, "relative_strength": -11.777107, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 42.464193, "energy": 33.298188, "activity_lines": [ 37.800049, 37.903905, 37.661768, 37.267671 ] }, { "date": "2024-03-01", "close": 37.900037, "volume": 2784335, "typical_volume": 3322400.55, "trend": 36.889839, "fair_value": 37.260844, "relative_strength": -11.80449, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 42.428398, "energy": 29.666633, "activity_lines": [ 37.813174, 37.888611, 37.728699, 37.335845 ] }, { "date": "2024-03-08", "close": 38.198677, "volume": 3347133, "typical_volume": 3299599.75, "trend": 36.955078, "fair_value": 37.268594, "relative_strength": -10.488587, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 59.24038, "energy": 38.872704, "activity_lines": [ 37.927839, 37.933346, 37.813825, 37.420286 ] }, { "date": "2024-03-15", "close": 37.782392, "volume": 2175060, "typical_volume": 3272077.8, "trend": 37.009667, "fair_value": 37.272806, "relative_strength": -10.964291, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 43.511986, "energy": 34.256576, "activity_lines": [ 37.899057, 37.90302, 37.84485, 37.473661 ] }, { "date": "2024-03-22", "close": 38.035433, "volume": 3180709, "typical_volume": 3251308.45, "trend": 37.070738, "fair_value": 37.279006, "relative_strength": -11.87587, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 59.880539, "energy": 43.124201, "activity_lines": [ 37.959046, 37.919521, 37.888515, 37.539839 ] }, { "date": "2024-03-29", "close": 38.080821, "volume": 2433089, "typical_volume": 3217604.9, "trend": 37.12685, "fair_value": 37.285472, "relative_strength": -11.703219, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 61.151846, "energy": 44.585282, "activity_lines": [ 38.012694, 37.94869, 37.927398, 37.605006 ] }, { "date": "2024-04-05", "close": 37.781258, "volume": 2407617, "typical_volume": 3091202.4, "trend": 37.176801, "fair_value": 37.289439, "relative_strength": -11.212866, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 42.219132, "energy": 28.787612, "activity_lines": [ 37.939956, 37.921634, 37.928007, 37.647226 ] }, { "date": "2024-04-12", "close": 37.508928, "volume": 2620979, "typical_volume": 3134821.25, "trend": 37.21885, "fair_value": 37.291181, "relative_strength": -10.179274, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 12.903071, "energy": 11.610162, "activity_lines": [ 37.78436, 37.847766, 37.896821, 37.668654 ] }, { "date": "2024-04-19", "close": 37.303327, "volume": 2619141, "typical_volume": 3051833.7, "trend": 37.25947, "fair_value": 37.291276, "relative_strength": -7.508782, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -8.277314, "energy": 17.70225, "activity_lines": [ 37.606213, 37.74778, 37.841461, 37.674104 ] }, { "date": "2024-04-26", "close": 37.303327, "volume": 3134646, "typical_volume": 3020758.05, "trend": 37.310722, "fair_value": 37.29137, "relative_strength": -9.528271, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -8.686305, "energy": 26.943325, "activity_lines": [ 37.460004, 37.65771, 37.785687, 37.676933 ] }, { "date": "2024-05-03", "close": 37.731787, "volume": 2759442, "typical_volume": 2966370.2, "trend": 37.385706, "fair_value": 37.294784, "relative_strength": -8.654633, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 1.097547, "energy": 21.560614, "activity_lines": [ 37.505423, 37.652998, 37.770902, 37.704099 ] }, { "date": "2024-05-10", "close": 37.713554, "volume": 2761053, "typical_volume": 2906121.35, "trend": 37.451222, "fair_value": 37.298006, "relative_strength": -9.969842, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 2.668868, "energy": 15.890579, "activity_lines": [ 37.568032, 37.644081, 37.755681, 37.72525 ] }, { "date": "2024-05-17", "close": 37.941458, "volume": 2048638, "typical_volume": 2841599.5, "trend": 37.543826, "fair_value": 37.302918, "relative_strength": -10.545747, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 33.019289, "energy": 14.589446, "activity_lines": [ 37.711123, 37.679991, 37.764554, 37.756878 ] }, { "date": "2024-05-24", "close": 37.855204, "volume": 2856092, "typical_volume": 2813032.7, "trend": 37.626473, "fair_value": 37.307102, "relative_strength": -10.398163, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 25.431576, "energy": 20.606168, "activity_lines": [ 37.796628, 37.704896, 37.766602, 37.776967 ] }, { "date": "2024-05-31", "close": 37.891832, "volume": 1631759, "typical_volume": 2664274.85, "trend": 37.685415, "fair_value": 37.311498, "relative_strength": -9.632014, "stage": 3, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 28.63657, "energy": 23.427298, "activity_lines": [ 37.85755, 37.735136, 37.772005, 37.794087 ] }, { "date": "2024-06-07", "close": 38.010874, "volume": 2386864, "typical_volume": 2659897.75, "trend": 37.751293, "fair_value": 37.316717, "relative_strength": -10.146724, "stage": 3, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 37.833716, "energy": 28.483541, "activity_lines": [ 37.918919, 37.789631, 37.790586, 37.815084 ] }, { "date": "2024-06-14", "close": 38.432098, "volume": 2082168, "typical_volume": 2565540.95, "trend": 37.814001, "fair_value": 37.324979, "relative_strength": -10.326706, "stage": 3, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 66.61673, "energy": 59.305278, "activity_lines": [ 38.10209, 37.921985, 37.849157, 37.859007 ] }, { "date": "2024-06-21", "close": 38.397177, "volume": 2012632, "typical_volume": 2533851.25, "trend": 37.875758, "fair_value": 37.332863, "relative_strength": -10.649308, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 73.256044, "energy": 69.286985, "activity_lines": [ 38.225718, 38.036155, 37.90201, 37.896632 ] }, { "date": "2024-06-28", "close": 38.158342, "volume": 2584159, "typical_volume": 2536432.55, "trend": 37.907156, "fair_value": 37.338889, "relative_strength": -10.862883, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 60.874172, "energy": 63.487375, "activity_lines": [ 38.239353, 38.090751, 37.930837, 37.914863 ] }, { "date": "2024-07-05", "close": 38.47985, "volume": 1816855, "typical_volume": 2488356.5, "trend": 37.94509, "fair_value": 37.347156, "relative_strength": -11.493686, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 71.326465, "energy": 70.839408, "activity_lines": [ 38.339948, 38.188258, 37.988809, 37.951811 ] }, { "date": "2024-07-12", "close": 38.755428, "volume": 3314778, "typical_volume": 2547857.45, "trend": 37.970111, "fair_value": 37.357288, "relative_strength": -11.415371, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 79.697209, "energy": 76.498743, "activity_lines": [ 38.493201, 38.314478, 38.069378, 38.004091 ] }, { "date": "2024-07-19", "close": 38.640368, "volume": 2785278, "typical_volume": 2547904.6, "trend": 37.984283, "fair_value": 37.366453, "relative_strength": -9.642756, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 69.734021, "energy": 72.385626, "activity_lines": [ 38.558464, 38.401166, 38.13388, 38.047333 ] }, { "date": "2024-07-26", "close": 38.751059, "volume": 2827572, "typical_volume": 2521926.55, "trend": 38.001545, "fair_value": 37.376273, "relative_strength": -8.396975, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 72.767825, "energy": 78.696461, "activity_lines": [ 38.64674, 38.491129, 38.2054, 38.096802 ] }, { "date": "2024-08-02", "close": 39.53512, "volume": 3021030, "typical_volume": 2564225.05, "trend": 38.058468, "fair_value": 37.391476, "relative_strength": -4.314587, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 92.875689, "energy": 94.303815, "activity_lines": [ 38.972776, 38.708928, 38.348961, 38.195743 ] }, { "date": "2024-08-09", "close": 39.258392, "volume": 3186854, "typical_volume": 2564532.3, "trend": 38.091137, "fair_value": 37.404531, "relative_strength": -4.792353, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 77.158384, "energy": 87.789377, "activity_lines": [ 39.114785, 38.84587, 38.457821, 38.273157 ] }, { "date": "2024-08-16", "close": 39.488998, "volume": 2176864, "typical_volume": 2551721.05, "trend": 38.141302, "fair_value": 37.419007, "relative_strength": -7.624188, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 81.322748, "energy": 91.068195, "activity_lines": [ 39.28176, 38.999893, 38.58282, 38.363342 ] }, { "date": "2024-08-23", "close": 39.769552, "volume": 2511780, "typical_volume": 2556929.2, "trend": 38.202623, "fair_value": 37.435217, "relative_strength": -7.97076, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 84.920469, "energy": 93.140614, "activity_lines": [ 39.493348, 39.178051, 38.727832, 38.46839 ] }, { "date": "2024-08-30", "close": 39.547376, "volume": 2187353, "typical_volume": 2535247.9, "trend": 38.249921, "fair_value": 37.449684, "relative_strength": -8.469899, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 67.551852, "energy": 81.454226, "activity_lines": [ 39.555599, 39.291496, 38.842217, 38.555148 ] }, { "date": "2024-09-06", "close": 40.019501, "volume": 3191459, "typical_volume": 2563863.8, "trend": 38.32228, "fair_value": 37.467166, "relative_strength": -3.172865, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 83.97337, "energy": 87.893509, "activity_lines": [ 39.722137, 39.469869, 38.99186, 38.669315 ] }, { "date": "2024-09-13", "close": 40.204647, "volume": 8729390, "typical_volume": 2843601.0, "trend": 38.405322, "fair_value": 37.485662, "relative_strength": -6.211094, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 84.45172, "energy": 90.353499, "activity_lines": [ 39.918098, 39.648066, 39.146201, 38.790758 ] }, { "date": "2024-09-20", "close": 40.189131, "volume": 4791500, "typical_volume": 2945203.9, "trend": 38.488865, "fair_value": 37.503806, "relative_strength": -7.228496, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 76.667328, "energy": 82.720415, "activity_lines": [ 40.045803, 39.792082, 39.285249, 38.905842 ] }, { "date": "2024-09-27", "close": 40.161293, "volume": 2844704, "typical_volume": 2949386.45, "trend": 38.56424, "fair_value": 37.521523, "relative_strength": -7.47614, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 70.642098, "energy": 78.787165, "activity_lines": [ 40.117554, 39.904969, 39.409943, 39.013741 ] }, { "date": "2024-10-04", "close": 39.743719, "volume": 2646953, "typical_volume": 2979302.2, "trend": 38.615742, "fair_value": 37.53624, "relative_strength": -8.346167, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.44084, "energy": 64.533812, "activity_lines": [ 40.023997, 39.91428, 39.483213, 39.089836 ] }, { "date": "2024-10-11", "close": 39.56741, "volume": 3142627, "typical_volume": 2993628.95, "trend": 38.675242, "fair_value": 37.549602, "relative_strength": -9.430507, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 53.144003, "energy": 51.31699, "activity_lines": [ 39.858581, 39.873487, 39.53111, 39.151234 ] }, { "date": "2024-10-18", "close": 39.604528, "volume": 2818270, "typical_volume": 3052954.5, "trend": 38.727545, "fair_value": 37.563033, "relative_strength": -9.733955, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 46.228724, "energy": 36.97492, "activity_lines": [ 39.735677, 39.838855, 39.574388, 39.211188 ] }, { "date": "2024-10-25", "close": 39.217667, "volume": 3330147, "typical_volume": 3100118.65, "trend": 38.76544, "fair_value": 37.573778, "relative_strength": -9.303957, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 31.957843, "energy": 28.882738, "activity_lines": [ 39.523827, 39.727592, 39.572666, 39.242809 ] }, { "date": "2024-11-01", "close": 38.956589, "volume": 2869119, "typical_volume": 3139466.2, "trend": 38.804618, "fair_value": 37.582699, "relative_strength": -8.26742, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 2.936654, "energy": 23.651158, "activity_lines": [ 39.289716, 39.573793, 39.540333, 39.255141 ] }, { "date": "2024-11-08", "close": 39.320234, "volume": 2964635, "typical_volume": 3187066.35, "trend": 38.864995, "fair_value": 37.593837, "relative_strength": -11.219498, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 6.490783, "energy": 23.880968, "activity_lines": [ 39.257133, 39.500893, 39.540136, 39.288407 ] }, { "date": "2024-11-15", "close": 38.993886, "volume": 3041838, "typical_volume": 3209950.3, "trend": 38.921347, "fair_value": 37.575208, "relative_strength": -9.720458, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -9.907928, "energy": 29.037795, "activity_lines": [ 39.144, 39.372786, 39.504462, 39.296722 ] }, { "date": "2024-11-22", "close": 39.075603, "volume": 3265392, "typical_volume": 3282377.15, "trend": 38.980423, "fair_value": 37.557731, "relative_strength": -10.647292, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -4.820225, "energy": 26.49518, "activity_lines": [ 39.09634, 39.278185, 39.472592, 39.306674 ] }, { "date": "2024-11-29", "close": 39.628074, "volume": 2178480, "typical_volume": 3225562.25, "trend": 39.043632, "fair_value": 37.542375, "relative_strength": -10.056527, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 14.240025, "energy": 14.735894, "activity_lines": [ 39.2681, 39.304561, 39.490502, 39.348458 ] }, { "date": "2024-12-06", "close": 39.796624, "volume": 2971851, "typical_volume": 3234890.9, "trend": 39.113068, "fair_value": 37.529547, "relative_strength": -10.059027, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 41.591735, "energy": 21.544388, "activity_lines": [ 39.468682, 39.371783, 39.520308, 39.397038 ] }, { "date": "2024-12-13", "close": 39.262881, "volume": 3139564, "typical_volume": 3250490.5, "trend": 39.157115, "fair_value": 37.512048, "relative_strength": -10.339618, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 21.076944, "energy": 17.533456, "activity_lines": [ 39.435348, 39.348592, 39.493776, 39.406704 ] }, { "date": "2024-12-20", "close": 38.979791, "volume": 5267358, "typical_volume": 3362806.9, "trend": 39.194601, "fair_value": 37.49386, "relative_strength": -8.941095, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 5.816972, "energy": 10.262107, "activity_lines": [ 39.311473, 39.282672, 39.437845, 39.395263 ] }, { "date": "2024-12-27", "close": 38.838252, "volume": 3901286, "typical_volume": 3398528.5, "trend": 39.226149, "fair_value": 37.474825, "relative_strength": -9.470934, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -38.199474, "energy": 24.143524, "activity_lines": [ 39.141359, 39.201702, 39.371079, 39.372273 ] }, { "date": "2025-01-03", "close": 38.904304, "volume": 3727717, "typical_volume": 3476071.15, "trend": 39.25593, "fair_value": 37.460419, "relative_strength": -8.453732, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -35.16675, "energy": 51.09218, "activity_lines": [ 39.009086, 39.146674, 39.312605, 39.351509 ] }, { "date": "2025-01-10", "close": 38.555175, "volume": 2822524, "typical_volume": 3491608.35, "trend": 39.260032, "fair_value": 37.444586, "relative_strength": -7.113136, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -48.84399, "energy": 66.123909, "activity_lines": [ 38.808687, 39.033865, 39.223664, 39.306299 ] }, { "date": "2025-01-17", "close": 38.942047, "volume": 5481380, "typical_volume": 3656309.7, "trend": 39.278195, "fair_value": 37.431746, "relative_strength": -8.50547, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -34.535178, "energy": 57.491017, "activity_lines": [ 38.820009, 38.998695, 39.177351, 39.285784 ] }, { "date": "2025-01-24", "close": 38.992128, "volume": 3302958, "typical_volume": 3661884.65, "trend": 39.305988, "fair_value": 37.420404, "relative_strength": -9.595048, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -58.074337, "energy": 57.799354, "activity_lines": [ 38.869414, 38.979506, 39.13869, 39.267328 ] }, { "date": "2025-01-31", "close": 39.209275, "volume": 2950635, "typical_volume": 3372946.9, "trend": 39.330302, "fair_value": 37.413289, "relative_strength": -7.838668, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -52.010116, "energy": 32.553178, "activity_lines": [ 38.990379, 38.999831, 39.125602, 39.261088 ] }, { "date": "2025-02-07", "close": 39.332011, "volume": 3753548, "typical_volume": 3321049.3, "trend": 39.349521, "fair_value": 37.408441, "relative_strength": -7.110264, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -27.158705, "energy": 18.262478, "activity_lines": [ 39.127521, 39.040041, 39.128943, 39.261199 ] }, { "date": "2025-02-14", "close": 39.40754, "volume": 2709309, "typical_volume": 3314279.55, "trend": 39.375094, "fair_value": 37.40479, "relative_strength": -7.997944, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -13.667368, "energy": 17.732034, "activity_lines": [ 39.261325, 39.099367, 39.143559, 39.264942 ] }, { "date": "2025-02-21", "close": 39.542744, "volume": 2452800, "typical_volume": 3304571.9, "trend": 39.401483, "fair_value": 37.402799, "relative_strength": -5.942525, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 4.584312, "energy": 19.501054, "activity_lines": [ 39.383373, 39.19035, 39.17464, 39.275758 ] }, { "date": "2025-02-28", "close": 39.997476, "volume": 3267348, "typical_volume": 3310807.95, "trend": 39.416895, "fair_value": 37.401259, "relative_strength": -3.739619, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 41.793238, "energy": 50.317675, "activity_lines": [ 39.616952, 39.358922, 39.249987, 39.314209 ] }, { "date": "2025-03-07", "close": 39.77011, "volume": 6399654, "typical_volume": 3489877.15, "trend": 39.433952, "fair_value": 37.403725, "relative_strength": -1.073976, "stage": 3, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 29.112722, "energy": 52.340931, "activity_lines": [ 39.707718, 39.467652, 39.301631, 39.336997 ] }, { "date": "2025-03-14", "close": 39.703795, "volume": 3437485, "typical_volume": 3495244.05, "trend": 39.441112, "fair_value": 37.407104, "relative_strength": 1.180838, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 25.94943, "energy": 53.159776, "activity_lines": [ 39.738991, 39.547382, 39.346172, 39.354406 ] }, { "date": "2025-03-21", "close": 39.959582, "volume": 3639709, "typical_volume": 3533773.55, "trend": 39.447446, "fair_value": 37.417596, "relative_strength": 1.401846, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 44.522172, "energy": 62.76185, "activity_lines": [ 39.830741, 39.659082, 39.412758, 39.387856 ] }, { "date": "2025-03-28", "close": 39.918418, "volume": 2836509, "typical_volume": 3527367.25, "trend": 39.459815, "fair_value": 37.426108, "relative_strength": 2.867556, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 37.986355, "energy": 49.452002, "activity_lines": [ 39.871967, 39.737764, 39.470648, 39.418241 ] }, { "date": "2025-04-04", "close": 40.213054, "volume": 2824105, "typical_volume": 3516480.6, "trend": 39.466266, "fair_value": 37.441121, "relative_strength": 13.777919, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 75.028209, "energy": 63.476946, "activity_lines": [ 39.986359, 39.852263, 39.553749, 39.466837 ] }, { "date": "2025-04-11", "close": 39.10104, "volume": 5280567, "typical_volume": 3617239.35, "trend": 39.429479, "fair_value": 37.450426, "relative_strength": 4.725702, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 26.911705, "energy": 21.092258, "activity_lines": [ 39.715709, 39.742379, 39.525139, 39.443274 ] }, { "date": "2025-04-18", "close": 39.566755, "volume": 1827010, "typical_volume": 3599665.85, "trend": 39.408734, "fair_value": 37.465718, "relative_strength": 7.522307, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 36.343729, "energy": 18.384078, "activity_lines": [ 39.644901, 39.719139, 39.540762, 39.452131 ] }, { "date": "2025-04-25", "close": 39.891047, "volume": 2937217, "typical_volume": 3597934.15, "trend": 39.399725, "fair_value": 37.483572, "relative_strength": 3.687101, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 43.29218, "energy": 19.772301, "activity_lines": [ 39.691327, 39.750592, 39.587562, 39.483248 ] }, { "date": "2025-05-02", "close": 39.757473, "volume": 2643465, "typical_volume": 3573129.2, "trend": 39.400184, "fair_value": 37.502745, "relative_strength": 0.527547, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 34.567853, "energy": 19.983747, "activity_lines": [ 39.697797, 39.748969, 39.621191, 39.506328 ] }, { "date": "2025-05-09", "close": 39.700227, "volume": 3092894, "typical_volume": 3464406.0, "trend": 39.404611, "fair_value": 37.519166, "relative_strength": 0.896126, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 35.042521, "energy": 18.139431, "activity_lines": [ 39.695915, 39.733033, 39.647012, 39.525686 ] }, { "date": "2025-05-16", "close": 39.72885, "volume": 2984914, "typical_volume": 3418587.4, "trend": 39.408755, "fair_value": 37.534692, "relative_strength": -3.953782, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 43.702771, "energy": 23.175387, "activity_lines": [ 39.737762, 39.727706, 39.672129, 39.546605 ] }, { "date": "2025-05-23", "close": 39.561346, "volume": 6214843, "typical_volume": 3542943.7, "trend": 39.420211, "fair_value": 37.546184, "relative_strength": -1.755472, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 32.703319, "energy": 15.070303, "activity_lines": [ 39.68192, 39.692673, 39.677052, 39.556449 ] }, { "date": "2025-05-30", "close": 39.954181, "volume": 2342758, "typical_volume": 3518955.4, "trend": 39.453464, "fair_value": 37.563125, "relative_strength": -2.376218, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 53.391629, "energy": 24.64865, "activity_lines": [ 39.757384, 39.731655, 39.716259, 39.590899 ] }, { "date": "2025-06-06", "close": 39.781717, "volume": 3462220, "typical_volume": 3417997.4, "trend": 39.468847, "fair_value": 37.58363, "relative_strength": -4.228621, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 45.089657, "energy": 22.127497, "activity_lines": [ 39.771152, 39.739379, 39.73238, 39.612077 ] }, { "date": "2025-06-13", "close": 40.078739, "volume": 2911530, "typical_volume": 3398426.0, "trend": 39.505009, "fair_value": 37.608738, "relative_strength": -3.044762, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 56.175819, "energy": 33.011771, "activity_lines": [ 39.88231, 39.803591, 39.772789, 39.651424 ] }, { "date": "2025-06-20", "close": 40.193715, "volume": 2003822, "typical_volume": 3351085.35, "trend": 39.542279, "fair_value": 37.63259, "relative_strength": -2.508724, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 61.44996, "energy": 50.522889, "activity_lines": [ 40.006559, 39.891151, 39.818975, 39.695857 ] }, { "date": "2025-06-27", "close": 40.501555, "volume": 2697166, "typical_volume": 3298266.25, "trend": 39.571395, "fair_value": 37.654912, "relative_strength": -4.922929, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 70.774079, "energy": 62.454427, "activity_lines": [ 40.202431, 40.014815, 39.88979, 39.757746 ] }, { "date": "2025-07-04", "close": 40.540028, "volume": 2270278, "typical_volume": 3276314.7, "trend": 39.596175, "fair_value": 37.680283, "relative_strength": -6.279122, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 71.570228, "energy": 70.4341, "activity_lines": [ 40.348447, 40.128477, 39.958701, 39.820238 ] }, { "date": "2025-07-11", "close": 40.357285, "volume": 3233503, "typical_volume": 3315349.85, "trend": 39.632655, "fair_value": 37.70249, "relative_strength": -6.304836, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 63.74559, "energy": 73.110263, "activity_lines": [ 40.394491, 40.197114, 40.004814, 39.869342 ] }, { "date": "2025-07-18", "close": 40.386139, "volume": 2620316, "typical_volume": 3282998.25, "trend": 39.679534, "fair_value": 37.721636, "relative_strength": -6.649967, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 62.440507, "energy": 71.524946, "activity_lines": [ 40.411783, 40.260091, 40.049797, 39.917954 ] }, { "date": "2025-07-25", "close": 40.543855, "volume": 2884495, "typical_volume": 3107240.3, "trend": 39.736387, "fair_value": 37.739472, "relative_strength": -7.468366, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 68.166663, "energy": 71.697416, "activity_lines": [ 40.461153, 40.339273, 40.10795, 39.973717 ] }, { "date": "2025-08-01", "close": 40.920424, "volume": 3245766, "typical_volume": 3097654.35, "trend": 39.803591, "fair_value": 37.763016, "relative_strength": -4.049336, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 81.731912, "energy": 78.560773, "activity_lines": [ 40.612704, 40.472103, 40.198281, 40.050106 ] }, { "date": "2025-08-08", "close": 40.86249, "volume": 3385001, "typical_volume": 3084918.95, "trend": 39.880502, "fair_value": 37.784622, "relative_strength": -6.235469, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 74.324379, "energy": 76.912062, "activity_lines": [ 40.717018, 40.56969, 40.277302, 40.118422 ] }, { "date": "2025-08-15", "close": 40.901112, "volume": 2451400, "typical_volume": 3065663.5, "trend": 39.945804, "fair_value": 37.809338, "relative_strength": -6.835743, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 71.495142, "energy": 80.707436, "activity_lines": [ 40.812709, 40.657784, 40.355702, 40.184268 ] }, { "date": "2025-08-22", "close": 41.085874, "volume": 2929194, "typical_volume": 3070917.95, "trend": 40.015595, "fair_value": 37.83664, "relative_strength": -6.476303, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 78.18421, "energy": 87.090725, "activity_lines": [ 40.933733, 40.759118, 40.447018, 40.257821 ] }, { "date": "2025-08-29", "close": 41.124644, "volume": 2670340, "typical_volume": 2940406.6, "trend": 40.079441, "fair_value": 37.866952, "relative_strength": -6.15742, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 76.682745, "energy": 87.326769, "activity_lines": [ 41.02103, 40.84919, 40.537871, 40.329373 ] }, { "date": "2025-09-05", "close": 41.512338, "volume": 2370501, "typical_volume": 2967581.15, "trend": 40.152118, "fair_value": 37.901157, "relative_strength": -5.302591, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 88.634516, "energy": 91.633679, "activity_lines": [ 41.19884, 40.992826, 40.65601, 40.421818 ] }, { "date": "2025-09-12", "close": 41.715877, "volume": 4283443, "typical_volume": 3034892.45, "trend": 40.229063, "fair_value": 37.939157, "relative_strength": -6.071154, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 89.553132, "energy": 94.43642, "activity_lines": [ 41.405035, 41.155091, 40.78427, 40.522705 ] }, { "date": "2025-09-19", "close": 41.64803, "volume": 6675215, "typical_volume": 3236479.95, "trend": 40.299239, "fair_value": 37.981328, "relative_strength": -7.135454, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 78.247116, "energy": 90.181275, "activity_lines": [ 41.531722, 41.283642, 40.897378, 40.614251 ] }, { "date": "2025-09-26", "close": 41.512498, "volume": 4010601, "typical_volume": 3282365.3, "trend": 40.34974, "fair_value": 38.025235, "relative_strength": -6.952192, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.035369, "energy": 84.900892, "activity_lines": [ 41.563437, 41.364082, 40.988576, 40.692526 ] }, { "date": "2025-10-03", "close": 41.697301, "volume": 3477447, "typical_volume": 3306991.95, "trend": 40.41398, "fair_value": 38.070707, "relative_strength": -7.361417, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 73.249081, "energy": 81.975484, "activity_lines": [ 41.628312, 41.457643, 41.088744, 40.779466 ] }, { "date": "2025-10-10", "close": 41.745933, "volume": 3354891, "typical_volume": 3163994.35, "trend": 40.482051, "fair_value": 38.11953, "relative_strength": -4.813293, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 73.161704, "energy": 67.837082, "activity_lines": [ 41.67122, 41.539074, 41.18417, 40.865398 ] }, { "date": "2025-10-17", "close": 41.989094, "volume": 3197945, "typical_volume": 3206753.7, "trend": 40.549701, "fair_value": 38.171142, "relative_strength": -5.752436, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 82.14367, "energy": 70.61883, "activity_lines": [ 41.779609, 41.649708, 41.292352, 40.962627 ] }, { "date": "2025-10-24", "close": 42.119392, "volume": 3711765, "typical_volume": 3219230.95, "trend": 40.623067, "fair_value": 38.219725, "relative_strength": -7.08576, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 82.625853, "energy": 71.77015, "activity_lines": [ 41.913216, 41.763548, 41.403253, 41.063897 ] }, { "date": "2025-10-31", "close": 41.807035, "volume": 3912751, "typical_volume": 3269292.0, "trend": 40.6762, "fair_value": 38.267993, "relative_strength": -8.220808, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.778834, "energy": 65.242667, "activity_lines": [ 41.911279, 41.798446, 41.473274, 41.140282 ] }, { "date": "2025-11-07", "close": 41.787512, "volume": 2972802, "typical_volume": 3317741.0, "trend": 40.765749, "fair_value": 38.310476, "relative_strength": -6.633196, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.033611, "energy": 63.814286, "activity_lines": [ 41.8832, 41.816682, 41.533205, 41.21198 ] }, { "date": "2025-11-14", "close": 41.699662, "volume": 2984874, "typical_volume": 3332126.4, "trend": 40.836846, "fair_value": 38.351036, "relative_strength": -6.81975, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.264385, "energy": 54.943866, "activity_lines": [ 41.819823, 41.806893, 41.57718, 41.272232 ] }, { "date": "2025-11-21", "close": 41.90469, "volume": 4291935, "typical_volume": 3433209.25, "trend": 40.903967, "fair_value": 38.390909, "relative_strength": -4.450734, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 55.801111, "energy": 46.803318, "activity_lines": [ 41.827873, 41.830976, 41.634977, 41.341125 ] }, { "date": "2025-11-28", "close": 42.110586, "volume": 2269532, "typical_volume": 3385010.7, "trend": 40.982404, "fair_value": 38.428637, "relative_strength": -7.271458, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 74.736826, "energy": 55.212684, "activity_lines": [ 41.910182, 41.889062, 41.705884, 41.418972 ] }, { "date": "2025-12-05", "close": 41.953713, "volume": 4488344, "typical_volume": 3478412.1, "trend": 41.057521, "fair_value": 38.466724, "relative_strength": -7.791123, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.769647, "energy": 53.591272, "activity_lines": [ 41.940788, 41.910215, 41.753502, 41.481637 ] }, { "date": "2025-12-12", "close": 41.826254, "volume": 4318745, "typical_volume": 3550124.6, "trend": 41.127434, "fair_value": 38.501974, "relative_strength": -7.422785, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 60.019249, "energy": 51.178214, "activity_lines": [ 41.919128, 41.900172, 41.781517, 41.531232 ] }, { "date": "2025-12-19", "close": 41.992282, "volume": 6024835, "typical_volume": 3689078.05, "trend": 41.208465, "fair_value": 38.541112, "relative_strength": -7.03262, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.243645, "energy": 52.575064, "activity_lines": [ 41.950228, 41.917971, 41.819237, 41.587029 ] }, { "date": "2025-12-26", "close": 42.100865, "volume": 3192741, "typical_volume": 3679465.05, "trend": 41.280021, "fair_value": 38.581809, "relative_strength": -7.970004, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 70.672708, "energy": 51.576731, "activity_lines": [ 41.998015, 41.951033, 41.862194, 41.644603 ] }, { "date": "2026-01-02", "close": 42.002153, "volume": 3129407, "typical_volume": 3713365.4, "trend": 41.354036, "fair_value": 38.617238, "relative_strength": -7.091118, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 59.996957, "energy": 45.36219, "activity_lines": [ 41.999819, 41.964116, 41.889853, 41.691192 ] }, { "date": "2026-01-09", "close": 42.14035, "volume": 5435847, "typical_volume": 3838698.05, "trend": 41.422756, "fair_value": 38.651399, "relative_strength": -8.076173, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 69.747556, "energy": 51.890918, "activity_lines": [ 42.054918, 42.004457, 41.92543, 41.741922 ] }, { "date": "2026-01-16", "close": 42.090994, "volume": 3771347, "typical_volume": 3893748.4, "trend": 41.485999, "fair_value": 38.684551, "relative_strength": -7.727592, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.391482, "energy": 49.262483, "activity_lines": [ 42.081123, 42.029763, 41.951286, 41.785034 ] }, { "date": "2026-01-23", "close": 42.124396, "volume": 3390314, "typical_volume": 3944739.05, "trend": 41.540094, "fair_value": 38.717807, "relative_strength": -7.22686, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.799817, "energy": 46.91154, "activity_lines": [ 42.100812, 42.055625, 41.975721, 41.826221 ] }, { "date": "2026-01-30", "close": 42.124396, "volume": 4278162, "typical_volume": 3944475.0, "trend": 41.592906, "fair_value": 38.751284, "relative_strength": -7.45812, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.129953, "energy": 47.274587, "activity_lines": [ 42.111693, 42.073765, 41.997241, 41.863918 ] }, { "date": "2026-02-06", "close": 42.252854, "volume": 4648995, "typical_volume": 3843164.0, "trend": 41.656091, "fair_value": 38.789009, "relative_strength": -6.856824, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 70.770779, "energy": 49.281235, "activity_lines": [ 42.163825, 42.111266, 42.02905, 41.906496 ] }, { "date": "2026-02-13", "close": 42.618466, "volume": 4447174, "typical_volume": 3864992.65, "trend": 41.730502, "fair_value": 38.830127, "relative_strength": -4.74827, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 87.998812, "energy": 70.490742, "activity_lines": [ 42.321115, 42.212655, 42.0928, 41.968584 ] }, { "date": "2026-02-20", "close": 42.615324, "volume": 2874018, "typical_volume": 3834821.2, "trend": 41.799551, "fair_value": 38.873499, "relative_strength": -5.681677, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 83.367096, "energy": 84.721316, "activity_lines": [ 42.445482, 42.301386, 42.150983, 42.02567 ] }, { "date": "2026-02-27", "close": 42.793507, "volume": 7002143, "typical_volume": 4017183.8, "trend": 41.861987, "fair_value": 38.917569, "relative_strength": -4.652284, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 87.257547, "energy": 93.553506, "activity_lines": [ 42.594289, 42.408168, 42.221765, 42.089796 ] }, { "date": "2026-03-06", "close": 42.34805, "volume": 4818382, "typical_volume": 4098205.65, "trend": 41.911506, "fair_value": 38.956788, "relative_strength": -3.539808, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.014096, "energy": 76.981006, "activity_lines": [ 42.550002, 42.41939, 42.245134, 42.121155 ] }, { "date": "2026-03-13", "close": 41.882796, "volume": 4719175, "typical_volume": 4148576.15, "trend": 41.944229, "fair_value": 38.988645, "relative_strength": -2.913595, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 27.444859, "energy": 27.342233, "activity_lines": [ 42.335721, 42.341526, 42.222484, 42.119302 ] }, { "date": "2026-03-20", "close": 41.665017, "volume": 5051169, "typical_volume": 4205497.05, "trend": 41.963534, "fair_value": 39.018102, "relative_strength": -1.432361, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 0.978874, "energy": 13.059715, "activity_lines": [ 42.073517, 42.226235, 42.180219, 42.101289 ] }, { "date": "2026-03-27", "close": 41.600561, "volume": 9218074, "typical_volume": 4517760.65, "trend": 41.979398, "fair_value": 39.04837, "relative_strength": 0.872595, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "mixed", "direction": -34.756592, "energy": 40.059975, "activity_lines": [ 41.853391, 42.107868, 42.132492, 42.077871 ] }, { "date": "2026-04-03", "close": 42.097581, "volume": 6577264, "typical_volume": 4697380.15, "trend": 41.998906, "fair_value": 39.079766, "relative_strength": -0.827768, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "mixed", "direction": -18.464645, "energy": 32.792304, "activity_lines": [ 41.866589, 42.088785, 42.132991, 42.085496 ] }, { "date": "2026-04-10", "close": 42.177104, "volume": 4705085, "typical_volume": 4718037.65, "trend": 42.01428, "fair_value": 39.113507, "relative_strength": -3.752858, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "mixed", "direction": -11.583762, "energy": 22.514115, "activity_lines": [ 41.95269, 42.084649, 42.139168, 42.096993 ] }, { "date": "2026-04-17", "close": 42.435554, "volume": 3647166, "typical_volume": 4786919.35, "trend": 42.040531, "fair_value": 39.149552, "relative_strength": -6.895049, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 40.352886, "energy": 15.696505, "activity_lines": [ 42.136338, 42.126545, 42.168663, 42.124172 ] }, { "date": "2026-04-24", "close": 42.131536, "volume": 4040081, "typical_volume": 4764506.2, "trend": 42.061165, "fair_value": 39.181919, "relative_strength": -7.65945, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 30.667945, "energy": 20.320372, "activity_lines": [ 42.181795, 42.109843, 42.167656, 42.130043 ] }, { "date": "2026-05-01", "close": 41.972662, "volume": 16160963, "typical_volume": 5356617.1, "trend": 42.070344, "fair_value": 39.213212, "relative_strength": -8.514287, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 22.477915, "energy": 15.51532, "activity_lines": [ 42.143194, 42.073108, 42.150671, 42.124333 ] }, { "date": "2026-05-08", "close": 42.131536, "volume": 4960412, "typical_volume": 5303395.95, "trend": 42.083197, "fair_value": 39.246081, "relative_strength": -9.898685, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 10.739884, "energy": 9.2368, "activity_lines": [ 42.132743, 42.076945, 42.14812, 42.128281 ] }, { "date": "2026-05-15", "close": 41.644983, "volume": 6753201, "typical_volume": 5481418.95, "trend": 42.071727, "fair_value": 39.279847, "relative_strength": -10.820598, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -33.708425, "energy": 30.874139, "activity_lines": [ 41.957845, 42.004352, 42.098567, 42.100009 ] }, { "date": "2026-05-22", "close": 41.797129, "volume": 4702722, "typical_volume": 5560084.7, "trend": 42.060985, "fair_value": 39.31494, "relative_strength": -10.917774, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -26.186851, "energy": 34.464647, "activity_lines": [ 41.869136, 41.972206, 42.065676, 42.082293 ] }, { "date": "2026-05-29", "close": 42.125769, "volume": 7044242, "typical_volume": 5640504.45, "trend": 42.071609, "fair_value": 39.350068, "relative_strength": -11.154162, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -16.968542, "energy": 21.644321, "activity_lines": [ 41.932536, 42.00137, 42.065059, 42.086473 ] }, { "date": "2026-06-05", "close": 41.846923, "volume": 4069546, "typical_volume": 5655414.4, "trend": 42.07359, "fair_value": 39.383913, "relative_strength": -9.186647, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -51.908584, "energy": 38.636947, "activity_lines": [ 41.903372, 41.971458, 42.037956, 42.071977 ] }, { "date": "2026-06-12", "close": 42.105852, "volume": 4210011, "typical_volume": 5696399.25, "trend": 42.087129, "fair_value": 39.419081, "relative_strength": -8.829566, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -39.726602, "energy": 17.956356, "activity_lines": [ 41.9689, 41.984144, 42.036674, 42.074058 ] }, { "date": "2026-06-19", "close": 41.958066, "volume": 3935054, "typical_volume": 5679243.85, "trend": 42.088909, "fair_value": 39.453133, "relative_strength": -9.646696, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -32.876649, "energy": 14.740752, "activity_lines": [ 41.986878, 41.96981, 42.021406, 42.065731 ] }, { "date": "2026-06-26", "close": 42.161484, "volume": 9755637, "typical_volume": 5934575.95, "trend": 42.090605, "fair_value": 39.488883, "relative_strength": -6.745421, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -21.878709, "energy": 10.539474, "activity_lines": [ 42.05179, 41.996443, 42.026304, 42.070414 ] }, { "date": "2026-07-03", "close": 42.022041, "volume": 9761859, "typical_volume": 6200310.2, "trend": 42.092883, "fair_value": 39.526605, "relative_strength": -8.766295, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -25.080228, "energy": 13.378794, "activity_lines": [ 42.045931, 42.002706, 42.018356, 42.06599 ] }, { "date": "2026-07-10", "close": 41.782996, "volume": 4140580, "typical_volume": 6263638.3, "trend": 42.091441, "fair_value": 39.559198, "relative_strength": -10.225791, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -52.643497, "energy": 22.322761, "activity_lines": [ 41.967305, 41.967497, 41.990481, 42.045997 ] }, { "date": "2026-07-17", "close": 41.852718, "volume": 4972043, "typical_volume": 6162133.3, "trend": 42.086789, "fair_value": 39.592123, "relative_strength": -8.415199, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -46.929514, "energy": 26.29142, "activity_lines": [ 41.916182, 41.948414, 41.973211, 42.030596 ] }, { "date": "2026-07-24", "close": 41.5, "volume": 4264916, "typical_volume": 6134460.0, "trend": 42.06676, "fair_value": 39.623237, "relative_strength": -8.416898, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -68.470923, "energy": 56.316015, "activity_lines": [ 41.764362, 41.870269, 41.926828, 41.992739 ] }, { "date": "2026-07-31", "close": 41.5, "volume": 10095682, "typical_volume": 6403285.35, "trend": 42.050021, "fair_value": 39.655254, "relative_strength": -9.096574, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.708017, "energy": 64.588582, "activity_lines": [ 41.643079, 41.79476, 41.884484, 41.956174 ] }, { "date": "2026-08-07", "close": 41.75, "volume": 5459743, "typical_volume": 6423714.05, "trend": 42.03701, "fair_value": 39.690565, "relative_strength": -11.348511, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -56.758095, "energy": 58.625685, "activity_lines": [ 41.649229, 41.770109, 41.867772, 41.936817 ] } ], "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." } } }