{ "ticker": { "uuid": "ce08af5c-48f1-4c91-a32a-55d6d3c69364", "symbol": "ONEQ", "name": "FIDELITY NASDAQ COMPOSITE INDEX ETF", "exchange": "NASDAQ", "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": "QQQ", "stage": 2, "stage_name": "Advancing", "phase": "2b", "phase_label": "Stage 2B \u00b7 Advancing", "transition": "stage_2_healthy", "transition_label": "Stage 2 trend intact", "confidence": 90.183, "architecture_regime": "deceleration", "architecture_regime_label": "Deceleration", "architecture_modifier": "Recompressing", "architecture_gate": "up", "architecture_direction": 64.627, "architecture_energy": 32.091, "architecture_maturity": 53.897, "architecture_confidence": 85.738, "architecture_tenure": "Developing", "architecture": { "interpretation": { "headline": "The upward structure remains, but its energy is decelerating.", "body": "Trend remains positive, but Activity or price acceptance is losing strength. This can become a healthy recompression, a re-acceleration, or a Rotation Down." }, "scores": { "balance": 39.85, "rotation_up": 35.4, "upward_expansion": 63.46, "deceleration": 93.24, "rotation_down": 27.96, "downward_expansion": 12.79 }, "activity_lines": [ 101.701467, 101.561261, 101.26042, 98.759205 ], "activity_state": "Compressed", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.333333 }, "latest_close": 105.1844, "trend_reference": 95.781902, "distance_from_trend": 0.098166, "trend_direction": "Improving", "fair_value": 75.377486, "distance_from_fair_value": 0.395435, "fair_value_direction": "Weakening", "relative_strength": -0.640681, "relative_strength_direction": "Improving", "price_momentum": 0.167476, "excess_performance": -0.019978, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.098166, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.038875, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.395435, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.051036, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.006407, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.006108, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.167476, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 2.200197, "read": "Demand-led" } ], "volume": { "latest": 1992841, "relative_activity": 1.069095, "balance": 2.200197, "dry_up": 0.922706, "accumulation_observations": 3, "distribution_observations": 1 }, "risk": { "range_context": 0.040233, "annualized_volatility": 0.212182, "from_high_reference": -0.014818, "from_low_reference": 0.29317 }, "levels": { "trend_reference": 95.781902, "fair_value_reference": 75.377486, "structural_low": 81.338428, "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 8, "median_return": 0.023716, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": -0.000513, "regime_survival": 0.5, "best_return": 0.09707, "worst_return": -0.023693, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 5, "median_return": 0.091785, "positive_rate": 1.0, "directional_follow_through": 1.0, "median_excess_return": 0.000278, "regime_survival": 0.2, "best_return": 0.153437, "worst_return": 0.030137, "sufficient": true }, { "horizon": "Extended", "sample_count": 3, "median_return": 0.166217, "positive_rate": 0.666667, "directional_follow_through": 0.666667, "median_excess_return": -0.016843, "regime_survival": 0.0, "best_return": 0.187798, "worst_return": -0.050681, "sufficient": false }, { "horizon": "Full cycle", "sample_count": 3, "median_return": 0.209587, "positive_rate": 0.666667, "directional_follow_through": 0.666667, "median_excess_return": 0.003593, "regime_survival": 0.333333, "best_return": 0.331299, "worst_return": -0.256361, "sufficient": false } ], "ledger": [ { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-08-09", "end": "2024-08-30", "tenure": "New", "return": 0.058155, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-09-06", "end": "2024-10-04", "tenure": "Developing", "return": 0.086735, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-10-11", "end": "2025-02-28", "tenure": "Established", "return": 0.028633, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-03-07", "end": "2025-03-14", "tenure": "New", "return": -0.022635, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-03-21", "end": "2025-04-04", "tenure": "New", "return": -0.122571, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-04-11", "end": "2025-05-30", "tenure": "Developing", "return": 0.140215, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-06-06", "end": "2025-07-18", "tenure": "Developing", "return": 0.071334, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-07-25", "end": "2026-02-13", "tenure": "Extended", "return": 0.072177, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-02-20", "end": "2026-03-06", "tenure": "New", "return": -0.021119, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2026-03-13", "end": "2026-03-27", "tenure": "New", "return": -0.049341, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-04-03", "end": "2026-04-10", "tenure": "New", "return": 0.046806, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2026-04-17", "end": "2026-05-01", "tenure": "New", "return": 0.025184, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-05-08", "end": "2026-06-26", "tenure": "Developing", "return": -0.03525, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-07-03", "end": "2026-08-07", "tenure": "Developing", "return": 0.034669, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 51.122854, "volume": 920417, "typical_volume": 1218398.5, "trend": 48.585087, "fair_value": 48.827644, "relative_strength": -3.422724, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 47.44344, "energy": 39.395334, "activity_lines": [ 52.627388, 52.992005, 51.901027, 50.461829 ] }, { "date": "2023-08-25", "close": 52.169571, "volume": 1115948, "typical_volume": 1214347.95, "trend": 48.845153, "fair_value": 48.882056, "relative_strength": -2.941927, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 39.389828, "energy": 26.248055, "activity_lines": [ 52.294134, 52.843846, 52.061465, 50.693086 ] }, { "date": "2023-09-01", "close": 54.028228, "volume": 1135446, "typical_volume": 1212837.15, "trend": 49.115852, "fair_value": 48.957967, "relative_strength": -2.998357, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 53.031825, "energy": 29.906585, "activity_lines": [ 52.697821, 53.040917, 52.371019, 51.027478 ] }, { "date": "2023-09-08", "close": 52.932599, "volume": 694451, "typical_volume": 1193606.1, "trend": 49.38641, "fair_value": 49.038572, "relative_strength": -3.573278, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 38.436989, "energy": 24.983863, "activity_lines": [ 52.80021, 52.998763, 52.540406, 51.27372 ] }, { "date": "2023-09-15", "close": 52.805427, "volume": 875018, "typical_volume": 1177827.1, "trend": 49.643959, "fair_value": 49.119957, "relative_strength": -3.230012, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 40.517572, "energy": 30.590739, "activity_lines": [ 52.886947, 52.932954, 52.665823, 51.494302 ] }, { "date": "2023-09-22", "close": 50.93352, "volume": 981714, "typical_volume": 1168099.9, "trend": 49.889459, "fair_value": 49.185656, "relative_strength": -3.325765, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 15.083983, "energy": 15.215457, "activity_lines": [ 52.327542, 52.521285, 52.58464, 51.577499 ] }, { "date": "2023-09-29", "close": 50.953121, "volume": 1538950, "typical_volume": 1182334.6, "trend": 50.096958, "fair_value": 49.248005, "relative_strength": -3.266896, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 4.130541, "energy": 10.30944, "activity_lines": [ 51.787293, 52.17247, 52.4861, 51.646123 ] }, { "date": "2023-10-06", "close": 51.820471, "volume": 1039351, "typical_volume": 1175112.5, "trend": 50.401582, "fair_value": 49.3039, "relative_strength": -3.229754, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 10.377629, "energy": 15.048111, "activity_lines": [ 51.617257, 52.035488, 52.451546, 51.757317 ] }, { "date": "2023-10-13", "close": 51.707765, "volume": 1084758, "typical_volume": 1165511.45, "trend": 50.639758, "fair_value": 49.356984, "relative_strength": -3.460989, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 6.957167, "energy": 16.230505, "activity_lines": [ 51.556836, 51.935586, 52.390809, 51.841587 ] }, { "date": "2023-10-20", "close": 50.169076, "volume": 957530, "typical_volume": 1148698.5, "trend": 50.801578, "fair_value": 49.403, "relative_strength": -3.38977, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": -8.622852, "energy": 20.238391, "activity_lines": [ 51.065174, 51.585483, 52.174246, 51.81122 ] }, { "date": "2023-10-27", "close": 48.846, "volume": 1645526, "typical_volume": 1152815.85, "trend": 50.868837, "fair_value": 49.45564, "relative_strength": -3.280713, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -37.143599, "energy": 44.944837, "activity_lines": [ 50.308244, 51.036708, 51.834462, 51.685054 ] }, { "date": "2023-11-03", "close": 52.119388, "volume": 1058008, "typical_volume": 1122317.5, "trend": 51.062463, "fair_value": 49.504674, "relative_strength": -2.955506, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -10.212616, "energy": 19.60957, "activity_lines": [ 50.781611, 51.124492, 51.81626, 51.765735 ] }, { "date": "2023-11-10", "close": 53.334658, "volume": 1245489, "typical_volume": 1137240.5, "trend": 51.290087, "fair_value": 49.564201, "relative_strength": -3.367621, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 37.531839, "energy": 18.705242, "activity_lines": [ 51.582317, 51.434146, 51.915946, 51.912328 ] }, { "date": "2023-11-17", "close": 54.657734, "volume": 1286891, "typical_volume": 1146720.45, "trend": 51.570604, "fair_value": 49.630628, "relative_strength": -2.821547, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 54.84221, "energy": 31.370229, "activity_lines": [ 52.723103, 51.99697, 52.134462, 52.129595 ] }, { "date": "2023-11-24", "close": 55.10856, "volume": 794691, "typical_volume": 1154046.95, "trend": 51.845639, "fair_value": 49.692184, "relative_strength": -2.776203, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 70.917374, "energy": 51.322646, "activity_lines": [ 53.817499, 52.610396, 52.387558, 52.357851 ] }, { "date": "2023-12-01", "close": 55.29477, "volume": 857450, "typical_volume": 1124063.5, "trend": 52.125579, "fair_value": 49.748925, "relative_strength": -2.440338, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 70.948136, "energy": 74.548589, "activity_lines": [ 54.644666, 53.215804, 52.645978, 52.580375 ] }, { "date": "2023-12-08", "close": 55.745596, "volume": 1088288, "typical_volume": 1095940.25, "trend": 52.415663, "fair_value": 49.810302, "relative_strength": -2.103073, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 73.893809, "energy": 79.698648, "activity_lines": [ 55.192191, 53.823884, 52.942094, 52.813925 ] }, { "date": "2023-12-15", "close": 57.374449, "volume": 1313037, "typical_volume": 1101027.0, "trend": 52.708933, "fair_value": 49.873534, "relative_strength": -2.405635, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 83.227455, "energy": 85.106971, "activity_lines": [ 56.04092, 54.640984, 53.384695, 53.133846 ] }, { "date": "2023-12-22", "close": 58.071623, "volume": 1404572, "typical_volume": 1112908.7, "trend": 52.986053, "fair_value": 49.939228, "relative_strength": -2.038919, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 83.551941, "energy": 88.640506, "activity_lines": [ 56.85272, 55.483861, 53.882324, 53.479826 ] }, { "date": "2023-12-29", "close": 58.185456, "volume": 781549, "typical_volume": 1090954.2, "trend": 53.233763, "fair_value": 50.003455, "relative_strength": -2.056216, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 78.536496, "energy": 89.199751, "activity_lines": [ 57.474872, 56.231728, 54.368233, 53.815272 ] }, { "date": "2024-01-05", "close": 56.181771, "volume": 1485788, "typical_volume": 1119222.75, "trend": 53.409475, "fair_value": 50.048344, "relative_strength": -2.259922, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.544473, "energy": 77.843807, "activity_lines": [ 57.224003, 56.469537, 54.636112, 54.005466 ] }, { "date": "2024-01-12", "close": 57.979195, "volume": 1856136, "typical_volume": 1156232.15, "trend": 53.589759, "fair_value": 50.10931, "relative_strength": -2.16025, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 72.213163, "energy": 71.433836, "activity_lines": [ 57.513141, 56.900772, 55.051084, 54.300286 ] }, { "date": "2024-01-19", "close": 59.265875, "volume": 1050973, "typical_volume": 1152008.5, "trend": 53.837716, "fair_value": 50.165168, "relative_strength": -2.610243, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 80.622625, "energy": 66.433495, "activity_lines": [ 58.082267, 57.459407, 55.560932, 54.666488 ] }, { "date": "2024-01-26", "close": 59.825728, "volume": 1229851, "typical_volume": 1178778.5, "trend": 54.068465, "fair_value": 50.237232, "relative_strength": -2.174933, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 80.854341, "energy": 69.556331, "activity_lines": [ 58.711915, 58.011994, 56.099158, 55.052811 ] }, { "date": "2024-02-02", "close": 60.493623, "volume": 1760974, "typical_volume": 1223076.3, "trend": 54.334847, "fair_value": 50.293925, "relative_strength": -2.151869, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 82.377295, "energy": 89.689756, "activity_lines": [ 59.447254, 58.592052, 56.668169, 55.467337 ] }, { "date": "2024-02-09", "close": 61.90799, "volume": 1187522, "typical_volume": 1233366.7, "trend": 54.591962, "fair_value": 50.354828, "relative_strength": -1.589132, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 86.269606, "energy": 93.29876, "activity_lines": [ 60.500171, 59.331358, 57.335271, 55.955927 ] }, { "date": "2024-02-16", "close": 61.141875, "volume": 1248468, "typical_volume": 1218842.6, "trend": 54.832344, "fair_value": 50.415683, "relative_strength": -1.229229, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 72.552611, "energy": 87.990408, "activity_lines": [ 60.915969, 59.811129, 57.87715, 56.378502 ] }, { "date": "2024-02-23", "close": 61.966922, "volume": 1177909, "typical_volume": 1225770.5, "trend": 55.065012, "fair_value": 50.497715, "relative_strength": -1.208107, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 76.665807, "energy": 84.174591, "activity_lines": [ 61.395937, 60.342795, 58.449088, 56.838797 ] }, { "date": "2024-03-01", "close": 62.958942, "volume": 942632, "typical_volume": 1218664.2, "trend": 55.385854, "fair_value": 50.592695, "relative_strength": -1.496854, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 80.929441, "energy": 74.701904, "activity_lines": [ 62.026508, 60.971329, 59.067187, 57.348083 ] }, { "date": "2024-03-08", "close": 62.340157, "volume": 1215179, "typical_volume": 1231546.65, "trend": 55.714765, "fair_value": 50.674581, "relative_strength": -0.908708, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 69.333692, "energy": 65.85306, "activity_lines": [ 62.241937, 61.398496, 59.572777, 57.796748 ] }, { "date": "2024-03-15", "close": 61.821556, "volume": 910103, "typical_volume": 1194775.5, "trend": 56.071388, "fair_value": 50.756023, "relative_strength": -0.518415, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.19954, "energy": 63.676242, "activity_lines": [ 62.161397, 61.655832, 59.971019, 58.190735 ] }, { "date": "2024-03-22", "close": 63.641863, "volume": 1137282, "typical_volume": 1198739.2, "trend": 56.453798, "fair_value": 50.849817, "relative_strength": -0.52275, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 77.622794, "energy": 66.559187, "activity_lines": [ 62.693388, 62.141592, 60.480835, 58.679152 ] }, { "date": "2024-03-29", "close": 63.366357, "volume": 885921, "typical_volume": 1180760.8, "trend": 56.765069, "fair_value": 50.933791, "relative_strength": -0.36892, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 70.340835, "energy": 61.923706, "activity_lines": [ 62.966877, 62.474302, 60.909543, 59.125124 ] }, { "date": "2024-04-05", "close": 62.874382, "volume": 1264599, "typical_volume": 1179646.2, "trend": 57.096462, "fair_value": 51.004253, "relative_strength": -0.29662, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.086574, "energy": 56.85162, "activity_lines": [ 62.98308, 62.643007, 61.243627, 59.519273 ] }, { "date": "2024-04-12", "close": 62.677592, "volume": 935535, "typical_volume": 1186688.4, "trend": 57.425534, "fair_value": 51.069386, "relative_strength": -0.056802, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.218043, "energy": 54.185899, "activity_lines": [ 62.939323, 62.720503, 61.519842, 59.879346 ] }, { "date": "2024-04-19", "close": 59.21409, "volume": 1915078, "typical_volume": 1239569.8, "trend": 57.701553, "fair_value": 51.11318, "relative_strength": -0.144357, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 30.617376, "energy": 25.618182, "activity_lines": [ 61.718569, 62.128562, 61.430157, 59.994737 ] }, { "date": "2024-04-26", "close": 61.782198, "volume": 1380923, "typical_volume": 1254201.55, "trend": 58.062522, "fair_value": 51.174299, "relative_strength": 0.27302, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 35.343594, "energy": 20.478686, "activity_lines": [ 61.527683, 62.05253, 61.56639, 60.258004 ] }, { "date": "2024-05-03", "close": 62.638234, "volume": 1295811, "typical_volume": 1253340.25, "trend": 58.423114, "fair_value": 51.246945, "relative_strength": 0.648623, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 40.32717, "energy": 21.616575, "activity_lines": [ 61.74612, 62.120499, 61.755404, 60.553211 ] }, { "date": "2024-05-10", "close": 63.30732, "volume": 1039730, "typical_volume": 1235098.15, "trend": 58.809766, "fair_value": 51.330966, "relative_strength": 0.243164, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 47.63271, "energy": 24.282223, "activity_lines": [ 62.236127, 62.297914, 61.983076, 60.868321 ] }, { "date": "2024-05-17", "close": 64.704529, "volume": 1328289, "typical_volume": 1262435.15, "trend": 59.294281, "fair_value": 51.423327, "relative_strength": 0.283859, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 71.306273, "energy": 47.750983, "activity_lines": [ 63.163008, 62.723033, 62.318882, 61.248629 ] }, { "date": "2024-05-24", "close": 65.599923, "volume": 1186967, "typical_volume": 1247494.1, "trend": 59.852745, "fair_value": 51.514157, "relative_strength": 0.304408, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 76.452812, "energy": 74.747844, "activity_lines": [ 64.253224, 63.267962, 62.708922, 61.655444 ] }, { "date": "2024-05-31", "close": 64.842282, "volume": 915842, "typical_volume": 1200479.4, "trend": 60.276842, "fair_value": 51.59939, "relative_strength": 0.741265, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.930091, "energy": 73.389828, "activity_lines": [ 64.665171, 63.606441, 62.981957, 61.97735 ] }, { "date": "2024-06-07", "close": 66.396922, "volume": 1328453, "typical_volume": 1214353.4, "trend": 60.71225, "fair_value": 51.688488, "relative_strength": 0.442634, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 78.381218, "energy": 81.74789, "activity_lines": [ 65.391326, 64.205756, 63.370371, 62.372194 ] }, { "date": "2024-06-14", "close": 68.630488, "volume": 1075853, "typical_volume": 1206653.5, "trend": 61.178009, "fair_value": 51.79196, "relative_strength": 0.313364, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 87.64446, "energy": 88.276746, "activity_lines": [ 66.611423, 65.156072, 63.937548, 62.883048 ] }, { "date": "2024-06-21", "close": 68.635408, "volume": 802062, "typical_volume": 1158707.9, "trend": 61.628904, "fair_value": 51.887133, "relative_strength": 0.124165, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 81.669326, "energy": 88.218949, "activity_lines": [ 67.478283, 66.002627, 64.463267, 63.36417 ] }, { "date": "2024-06-28", "close": 68.911329, "volume": 1076795, "typical_volume": 1153171.55, "trend": 62.082789, "fair_value": 51.977905, "relative_strength": 0.594468, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 76.968778, "energy": 86.929314, "activity_lines": [ 68.175058, 66.791025, 64.976493, 63.834004 ] }, { "date": "2024-07-05", "close": 71.296077, "volume": 1118990, "typical_volume": 1146697.65, "trend": 62.601139, "fair_value": 52.082667, "relative_strength": 0.507956, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 87.095171, "energy": 92.568794, "activity_lines": [ 69.445988, 67.8367, 65.683489, 64.42841 ] }, { "date": "2024-07-12", "close": 71.355203, "volume": 1394421, "typical_volume": 1157523.25, "trend": 63.067164, "fair_value": 52.194473, "relative_strength": 0.860311, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 80.232092, "energy": 88.84327, "activity_lines": [ 70.306374, 68.720146, 66.347763, 64.993188 ] }, { "date": "2024-07-19", "close": 68.793077, "volume": 1628633, "typical_volume": 1191823.3, "trend": 63.424545, "fair_value": 52.280044, "relative_strength": 1.24242, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.898659, "energy": 67.869779, "activity_lines": [ 69.982166, 68.97926, 66.723319, 65.362602 ] }, { "date": "2024-07-26", "close": 67.452888, "volume": 1838406, "typical_volume": 1222984.65, "trend": 63.73346, "fair_value": 52.360171, "relative_strength": 1.882952, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.105105, "energy": 54.748156, "activity_lines": [ 69.200389, 68.894963, 66.943456, 65.622495 ] }, { "date": "2024-08-02", "close": 65.206101, "volume": 1671570, "typical_volume": 1261058.0, "trend": 64.034271, "fair_value": 52.422501, "relative_strength": 1.597119, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 36.852228, "energy": 26.97299, "activity_lines": [ 67.748518, 68.352189, 66.925267, 65.717504 ] }, { "date": "2024-08-09", "close": 65.06814, "volume": 2948447, "typical_volume": 1351616.25, "trend": 64.270569, "fair_value": 52.484441, "relative_strength": 1.005782, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 21.334055, "energy": 23.543401, "activity_lines": [ 66.497675, 67.791491, 66.877822, 65.784205 ] }, { "date": "2024-08-16", "close": 68.556573, "volume": 1148426, "typical_volume": 1364741.5, "trend": 64.580259, "fair_value": 52.570779, "relative_strength": 0.897337, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 33.627784, "energy": 25.722951, "activity_lines": [ 66.824839, 67.860947, 67.155817, 66.060722 ] }, { "date": "2024-08-23", "close": 69.453317, "volume": 1330887, "typical_volume": 1368055.9, "trend": 64.901179, "fair_value": 52.653363, "relative_strength": 1.153427, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 42.542939, "energy": 23.081933, "activity_lines": [ 67.637492, 68.054181, 67.4945, 66.375113 ] }, { "date": "2024-08-30", "close": 68.852203, "volume": 851364, "typical_volume": 1363847.35, "trend": 65.179798, "fair_value": 52.726232, "relative_strength": 1.056622, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 51.347868, "energy": 28.198773, "activity_lines": [ 68.205759, 68.123162, 67.744607, 66.630017 ] }, { "date": "2024-09-06", "close": 64.920325, "volume": 1756603, "typical_volume": 1355923.6, "trend": 65.280209, "fair_value": 52.779449, "relative_strength": 1.120415, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 9.436887, "energy": 11.599374, "activity_lines": [ 67.370112, 67.473313, 67.590846, 66.613277 ] }, { "date": "2024-09-13", "close": 68.763514, "volume": 1299383, "typical_volume": 1351846.6, "trend": 65.534264, "fair_value": 52.858679, "relative_strength": 1.084349, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 41.917321, "energy": 22.859805, "activity_lines": [ 67.834579, 67.59479, 67.77593, 66.838007 ] }, { "date": "2024-09-20", "close": 69.850446, "volume": 966481, "typical_volume": 1335380.1, "trend": 65.797048, "fair_value": 52.945432, "relative_strength": 1.147854, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 48.792524, "energy": 25.478543, "activity_lines": [ 68.414999, 67.959938, 68.031288, 67.11647 ] }, { "date": "2024-09-27", "close": 70.521611, "volume": 1109779, "typical_volume": 1338882.55, "trend": 66.049137, "fair_value": 53.047549, "relative_strength": 1.050983, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 60.035532, "energy": 32.235146, "activity_lines": [ 69.132882, 68.474475, 68.316222, 67.421281 ] }, { "date": "2024-10-04", "close": 70.551221, "volume": 1279152, "typical_volume": 1336425.7, "trend": 66.322839, "fair_value": 53.14967, "relative_strength": 0.952007, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 60.726264, "energy": 53.860096, "activity_lines": [ 69.789416, 68.962967, 68.569622, 67.711738 ] }, { "date": "2024-10-11", "close": 71.409917, "volume": 608406, "typical_volume": 1307497.65, "trend": 66.642451, "fair_value": 53.249448, "relative_strength": 0.899775, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.401364, "energy": 61.294241, "activity_lines": [ 70.618914, 69.551253, 68.876962, 68.039936 ] }, { "date": "2024-10-18", "close": 71.93303, "volume": 854416, "typical_volume": 1304426.35, "trend": 66.918823, "fair_value": 53.347697, "relative_strength": 1.369639, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 67.844301, "energy": 65.846286, "activity_lines": [ 71.190143, 70.121854, 69.206455, 68.381264 ] }, { "date": "2024-10-25", "close": 72.051471, "volume": 1092026, "typical_volume": 1292605.0, "trend": 67.208327, "fair_value": 53.43719, "relative_strength": 1.321024, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.52174, "energy": 65.550554, "activity_lines": [ 71.589552, 70.589173, 69.513463, 68.712402 ] }, { "date": "2024-11-01", "close": 70.936153, "volume": 1181687, "typical_volume": 1297896.7, "trend": 67.477053, "fair_value": 53.507791, "relative_strength": 1.329043, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 60.123654, "energy": 56.355253, "activity_lines": [ 71.470453, 70.790163, 69.687323, 68.952907 ] }, { "date": "2024-11-08", "close": 75.05197, "volume": 2058152, "typical_volume": 1360701.2, "trend": 67.889532, "fair_value": 53.607619, "relative_strength": 1.583527, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 81.537235, "energy": 71.238435, "activity_lines": [ 72.695657, 71.712524, 70.242187, 69.441612 ] }, { "date": "2024-11-15", "close": 72.673285, "volume": 1286583, "typical_volume": 1371190.6, "trend": 68.338172, "fair_value": 53.687502, "relative_strength": 1.792637, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 60.771646, "energy": 58.029068, "activity_lines": [ 72.827916, 72.089673, 70.539954, 69.750241 ] }, { "date": "2024-11-22", "close": 73.976133, "volume": 1495944, "typical_volume": 1390038.3, "trend": 68.744636, "fair_value": 53.788281, "relative_strength": 1.676896, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 67.501656, "energy": 59.768625, "activity_lines": [ 73.310233, 72.56274, 70.943888, 70.11398 ] }, { "date": "2024-11-29", "close": 74.834829, "volume": 638963, "typical_volume": 1352265.4, "trend": 69.15119, "fair_value": 53.904699, "relative_strength": 2.005056, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 71.311182, "energy": 70.560564, "activity_lines": [ 73.942575, 73.097159, 71.416841, 70.506896 ] }, { "date": "2024-12-06", "close": 77.312215, "volume": 1216464, "typical_volume": 1331656.95, "trend": 69.618019, "fair_value": 54.023774, "relative_strength": 1.98038, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 82.540661, "energy": 80.615953, "activity_lines": [ 75.215155, 73.991387, 72.109165, 71.033414 ] }, { "date": "2024-12-13", "close": 77.667537, "volume": 1200573, "typical_volume": 1299765.3, "trend": 70.05012, "fair_value": 54.156193, "relative_strength": 1.61433, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 81.986261, "energy": 89.038014, "activity_lines": [ 76.181106, 74.826753, 72.794762, 71.552737 ] }, { "date": "2024-12-20", "close": 76.372585, "volume": 1891767, "typical_volume": 1310775.15, "trend": 70.409208, "fair_value": 54.268302, "relative_strength": 2.147428, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.153453, "energy": 80.603747, "activity_lines": [ 76.541034, 75.297286, 73.308389, 71.960638 ] }, { "date": "2024-12-27", "close": 76.85727, "volume": 1316542, "typical_volume": 1229179.9, "trend": 70.809708, "fair_value": 54.38395, "relative_strength": 1.80956, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.622728, "energy": 77.702477, "activity_lines": [ 76.815904, 75.765713, 73.815003, 72.376642 ] }, { "date": "2025-01-03", "close": 76.372585, "volume": 1470515, "typical_volume": 1245284.35, "trend": 71.14223, "fair_value": 54.512836, "relative_strength": 1.878481, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.044984, "energy": 55.304181, "activity_lines": [ 76.737137, 76.056484, 74.219318, 72.735538 ] }, { "date": "2025-01-10", "close": 74.651457, "volume": 1497931, "typical_volume": 1253636.55, "trend": 71.342929, "fair_value": 54.632051, "relative_strength": 1.754146, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 56.792367, "energy": 41.406065, "activity_lines": [ 75.982143, 75.955757, 74.422497, 72.961939 ] }, { "date": "2025-01-17", "close": 76.560524, "volume": 1508573, "typical_volume": 1286497.0, "trend": 71.6071, "fair_value": 54.790248, "relative_strength": 1.376095, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 49.456717, "energy": 35.100005, "activity_lines": [ 76.040889, 76.134582, 74.782738, 73.298558 ] }, { "date": "2025-01-24", "close": 77.717835, "volume": 1167731, "typical_volume": 1257053.4, "trend": 71.90065, "fair_value": 54.956607, "relative_strength": 1.311659, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.766401, "energy": 40.634413, "activity_lines": [ 76.559205, 76.496399, 75.216493, 73.692799 ] }, { "date": "2025-01-31", "close": 76.352802, "volume": 1681064, "typical_volume": 1276137.45, "trend": 72.069207, "fair_value": 55.105548, "relative_strength": 0.872805, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 53.284119, "energy": 34.318342, "activity_lines": [ 76.532828, 76.518309, 75.459305, 73.980035 ] }, { "date": "2025-02-07", "close": 76.065947, "volume": 1423943, "typical_volume": 1299010.55, "trend": 72.226232, "fair_value": 55.26008, "relative_strength": 0.333156, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 43.130995, "energy": 32.116364, "activity_lines": [ 76.444464, 76.444851, 75.638658, 74.237889 ] }, { "date": "2025-02-14", "close": 77.984906, "volume": 1077645, "typical_volume": 1297403.85, "trend": 72.532626, "fair_value": 55.432422, "relative_strength": -0.074233, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.482964, "energy": 41.64256, "activity_lines": [ 77.016195, 76.697911, 75.971171, 74.609417 ] }, { "date": "2025-02-21", "close": 76.01649, "volume": 966122, "typical_volume": 1281752.35, "trend": 72.81808, "fair_value": 55.589299, "relative_strength": -0.385253, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 50.487871, "energy": 30.410888, "activity_lines": [ 76.709557, 76.580847, 76.080676, 74.834182 ] }, { "date": "2025-02-28", "close": 73.454581, "volume": 2341584, "typical_volume": 1368411.25, "trend": 73.093029, "fair_value": 55.738482, "relative_strength": -0.381955, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 19.443268, "energy": 10.532407, "activity_lines": [ 75.585219, 76.028, 75.920165, 74.875247 ] }, { "date": "2025-03-07", "close": 70.793756, "volume": 3055005, "typical_volume": 1478440.7, "trend": 73.283883, "fair_value": 55.881443, "relative_strength": -0.807354, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": -11.352043, "energy": 17.326082, "activity_lines": [ 73.858156, 75.044421, 75.496506, 74.726906 ] }, { "date": "2025-03-14", "close": 69.191327, "volume": 2980949, "typical_volume": 1572886.85, "trend": 73.305041, "fair_value": 55.988997, "relative_strength": -0.613219, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -37.721499, "energy": 38.703208, "activity_lines": [ 71.967553, 73.879737, 74.925659, 74.462871 ] }, { "date": "2025-03-21", "close": 69.330797, "volume": 1466765, "typical_volume": 1587140.75, "trend": 73.300957, "fair_value": 56.090688, "relative_strength": -0.669857, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -34.843036, "energy": 60.441927, "activity_lines": [ 70.581748, 72.87098, 74.381715, 74.206468 ] }, { "date": "2025-03-28", "close": 67.518292, "volume": 1547748, "typical_volume": 1561620.55, "trend": 73.256494, "fair_value": 56.178405, "relative_strength": -0.961596, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -50.380939, "energy": 72.069319, "activity_lines": [ 69.168715, 71.629415, 73.672796, 73.833393 ] }, { "date": "2025-04-04", "close": 60.832822, "volume": 4126979, "typical_volume": 1703640.35, "trend": 73.120244, "fair_value": 56.235974, "relative_strength": -1.003925, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -92.979599, "energy": 92.183227, "activity_lines": [ 66.093739, 69.336715, 72.36304, 73.031865 ] }, { "date": "2025-04-11", "close": 65.339324, "volume": 4999524, "typical_volume": 1878819.35, "trend": 73.006104, "fair_value": 56.331419, "relative_strength": -1.093963, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.645735, "energy": 80.125795, "activity_lines": [ 65.36238, 68.170379, 71.538858, 72.52987 ] }, { "date": "2025-04-18", "close": 63.427775, "volume": 2045937, "typical_volume": 1949168.05, "trend": 72.792015, "fair_value": 56.427194, "relative_strength": -1.749675, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -73.180809, "energy": 80.922036, "activity_lines": [ 64.357468, 66.856734, 70.573752, 71.911914 ] }, { "date": "2025-04-25", "close": 67.746093, "volume": 2490988, "typical_volume": 2012894.25, "trend": 72.699498, "fair_value": 56.562801, "relative_strength": -1.369359, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.437975, "energy": 54.548995, "activity_lines": [ 65.176232, 66.558022, 70.074233, 71.58637 ] }, { "date": "2025-05-02", "close": 70.073627, "volume": 1404406, "typical_volume": 2023085.9, "trend": 72.683578, "fair_value": 56.717543, "relative_strength": -1.358527, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -47.855392, "energy": 34.885005, "activity_lines": [ 66.876487, 66.868659, 69.841937, 71.416959 ] }, { "date": "2025-05-09", "close": 69.895348, "volume": 1471816, "typical_volume": 2002088.35, "trend": 72.633092, "fair_value": 56.879883, "relative_strength": -1.425086, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -40.902037, "energy": 24.080964, "activity_lines": [ 68.34696, 67.254933, 69.628823, 71.237074 ] }, { "date": "2025-05-16", "close": 74.986209, "volume": 1742028, "typical_volume": 2023362.65, "trend": 72.734865, "fair_value": 57.085457, "relative_strength": -1.042684, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -9.925551, "energy": 19.521297, "activity_lines": [ 70.910219, 68.631532, 69.931398, 71.388888 ] }, { "date": "2025-05-23", "close": 73.025138, "volume": 1346956, "typical_volume": 2017184.7, "trend": 72.76732, "fair_value": 57.259553, "relative_strength": -1.299296, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -14.023244, "energy": 23.824725, "activity_lines": [ 72.176661, 69.575346, 70.056113, 71.407615 ] }, { "date": "2025-05-30", "close": 74.500894, "volume": 906097, "typical_volume": 1987593.0, "trend": 72.886145, "fair_value": 57.445464, "relative_strength": -1.203203, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "mixed", "direction": 22.052944, "energy": 29.077231, "activity_lines": [ 73.295198, 70.717773, 70.337317, 71.519458 ] }, { "date": "2025-06-06", "close": 76.184642, "volume": 1490253, "typical_volume": 1986677.0, "trend": 72.923901, "fair_value": 57.6581, "relative_strength": -1.024434, "stage": 3, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 30.46377, "energy": 36.006755, "activity_lines": [ 74.524664, 72.072335, 70.779595, 71.732265 ] }, { "date": "2025-06-13", "close": 75.758753, "volume": 1076888, "typical_volume": 1982134.85, "trend": 73.02675, "fair_value": 57.88152, "relative_strength": -1.0206, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 27.060197, "energy": 47.369105, "activity_lines": [ 75.204767, 73.191892, 71.183102, 71.915158 ] }, { "date": "2025-06-20", "close": 75.826103, "volume": 1404558, "typical_volume": 1968309.55, "trend": 73.088415, "fair_value": 58.085617, "relative_strength": -0.909783, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 27.441421, "energy": 47.252932, "activity_lines": [ 75.516425, 74.052315, 71.602352, 72.095762 ] }, { "date": "2025-06-27", "close": 79.07976, "volume": 1383511, "typical_volume": 1966287.95, "trend": 73.229913, "fair_value": 58.322001, "relative_strength": -0.772139, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 39.751333, "energy": 55.032324, "activity_lines": [ 76.856643, 75.313642, 72.333983, 72.4823 ] }, { "date": "2025-07-04", "close": 80.299882, "volume": 1160019, "typical_volume": 1970406.65, "trend": 73.329502, "fair_value": 58.553781, "relative_strength": -0.712183, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 51.622438, "energy": 66.177272, "activity_lines": [ 78.199927, 76.512229, 73.167464, 72.938427 ] }, { "date": "2025-07-11", "close": 80.37924, "volume": 1078353, "typical_volume": 1976018.2, "trend": 73.419892, "fair_value": 58.790854, "relative_strength": -0.252172, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 49.76565, "energy": 74.501104, "activity_lines": [ 79.183064, 77.496993, 73.997479, 73.393249 ] }, { "date": "2025-07-18", "close": 81.619201, "volume": 974182, "typical_volume": 1907648.1, "trend": 73.594779, "fair_value": 59.026061, "relative_strength": 0.014369, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 79.154161, "energy": 89.658548, "activity_lines": [ 80.299882, 78.51983, 74.92481, 73.922237 ] }, { "date": "2025-07-25", "close": 82.373097, "volume": 810442, "typical_volume": 1795419.95, "trend": 73.77864, "fair_value": 59.252495, "relative_strength": 0.041613, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 79.27337, "energy": 91.114736, "activity_lines": [ 81.277302, 79.466578, 75.885063, 74.48858 ] }, { "date": "2025-08-01", "close": 80.547874, "volume": 1483593, "typical_volume": 1720552.15, "trend": 73.917817, "fair_value": 59.460769, "relative_strength": 0.040002, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.26461, "energy": 85.675432, "activity_lines": [ 81.209848, 79.947161, 76.616344, 74.925304 ] }, { "date": "2025-08-08", "close": 83.751934, "volume": 1125613, "typical_volume": 1703494.55, "trend": 74.221166, "fair_value": 59.680076, "relative_strength": 0.270602, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 81.663586, "energy": 89.144322, "activity_lines": [ 82.11254, 80.873522, 77.598696, 75.559764 ] }, { "date": "2025-08-15", "close": 84.446312, "volume": 920514, "typical_volume": 1672132.85, "trend": 74.484025, "fair_value": 59.911973, "relative_strength": 0.59816, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 81.658701, "energy": 90.241974, "activity_lines": [ 83.016554, 81.757934, 78.578506, 76.21945 ] }, { "date": "2025-08-22", "close": 84.009846, "volume": 1226961, "typical_volume": 1527131.95, "trend": 74.693759, "fair_value": 60.154863, "relative_strength": 0.999421, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 72.603956, "energy": 75.925343, "activity_lines": [ 83.503942, 82.412776, 79.436139, 76.83402 ] }, { "date": "2025-08-29", "close": 83.801532, "volume": 635967, "typical_volume": 1308954.1, "trend": 74.94205, "fair_value": 60.408656, "relative_strength": 1.005649, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 68.00088, "energy": 79.071407, "activity_lines": [ 83.762515, 82.879723, 80.163566, 77.421618 ] }, { "date": "2025-09-05", "close": 84.753823, "volume": 956964, "typical_volume": 1254505.45, "trend": 75.231646, "fair_value": 60.656501, "relative_strength": 1.127943, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 72.461428, "energy": 72.987747, "activity_lines": [ 84.243289, 83.374805, 80.893772, 78.054635 ] }, { "date": "2025-09-12", "close": 86.539367, "volume": 927718, "typical_volume": 1176341.95, "trend": 75.516795, "fair_value": 60.93213, "relative_strength": 1.365359, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 82.826983, "energy": 70.73712, "activity_lines": [ 85.038848, 84.091368, 81.692476, 78.784166 ] }, { "date": "2025-09-19", "close": 88.272336, "volume": 1018639, "typical_volume": 1157053.6, "trend": 75.925323, "fair_value": 61.232939, "relative_strength": 1.183491, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 86.792757, "energy": 72.772821, "activity_lines": [ 86.226235, 85.00957, 82.566734, 79.607104 ] }, { "date": "2025-09-26", "close": 87.836488, "volume": 1098209, "typical_volume": 1138373.25, "trend": 76.40472, "fair_value": 61.537989, "relative_strength": 1.115292, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 77.621852, "energy": 73.49575, "activity_lines": [ 87.013271, 85.705017, 83.312822, 80.375566 ] }, { "date": "2025-10-03", "close": 89.09694, "volume": 973524, "typical_volume": 1099948.05, "trend": 77.014826, "fair_value": 61.848753, "relative_strength": 1.311328, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 80.930059, "energy": 84.025067, "activity_lines": [ 87.965348, 86.516595, 84.093519, 81.194419 ] }, { "date": "2025-10-10", "close": 86.762219, "volume": 1201157, "typical_volume": 1092658.1, "trend": 77.600522, "fair_value": 62.15252, "relative_strength": 0.923796, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.063695, "energy": 65.82794, "activity_lines": [ 87.786157, 86.781426, 84.584668, 81.823283 ] }, { "date": "2025-10-17", "close": 88.645991, "volume": 1098174, "typical_volume": 1102261.95, "trend": 78.244362, "fair_value": 62.455662, "relative_strength": 0.644209, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 71.588598, "energy": 65.945943, "activity_lines": [ 88.100998, 87.275774, 85.189809, 82.535894 ] }, { "date": "2025-10-24", "close": 90.669747, "volume": 1106529, "typical_volume": 1083075.75, "trend": 79.016077, "fair_value": 62.765799, "relative_strength": 0.735767, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 81.056246, "energy": 68.590391, "activity_lines": [ 88.949982, 88.049094, 85.920331, 83.337532 ] }, { "date": "2025-10-31", "close": 92.812624, "volume": 1628070, "typical_volume": 1110634.85, "trend": 80.082071, "fair_value": 63.104677, "relative_strength": 1.137993, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 86.518589, "energy": 71.819068, "activity_lines": [ 90.353431, 89.098875, 86.785959, 84.227632 ] }, { "date": "2025-11-07", "close": 89.861934, "volume": 2012783, "typical_volume": 1141046.1, "trend": 80.899491, "fair_value": 63.403846, "relative_strength": 1.018665, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.893014, "energy": 62.407622, "activity_lines": [ 90.441574, 89.452116, 87.289361, 84.858591 ] }, { "date": "2025-11-14", "close": 89.464534, "volume": 1439824, "typical_volume": 1143861.75, "trend": 81.767383, "fair_value": 63.704826, "relative_strength": 0.719844, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.166687, "energy": 56.44633, "activity_lines": [ 90.346251, 89.622914, 87.688078, 85.411174 ] }, { "date": "2025-11-21", "close": 87.169553, "volume": 2666652, "typical_volume": 1219193.4, "trend": 82.414832, "fair_value": 63.988542, "relative_strength": 1.251952, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 57.470499, "energy": 43.790322, "activity_lines": [ 89.30578, 89.290793, 87.818774, 85.759701 ] }, { "date": "2025-11-28", "close": 91.322376, "volume": 1423488, "typical_volume": 1236450.15, "trend": 83.123123, "fair_value": 64.293212, "relative_strength": 1.078819, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.632687, "energy": 40.512114, "activity_lines": [ 89.748012, 89.702273, 88.312264, 86.334381 ] }, { "date": "2025-12-05", "close": 92.196655, "volume": 1586207, "typical_volume": 1267051.4, "trend": 83.8665, "fair_value": 64.614943, "relative_strength": 1.033127, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.191862, "energy": 43.686767, "activity_lines": [ 90.438163, 90.217257, 88.836909, 86.919771 ] }, { "date": "2025-12-12", "close": 90.766017, "volume": 1118540, "typical_volume": 1282456.3, "trend": 84.392494, "fair_value": 64.934669, "relative_strength": 1.377908, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 55.633779, "energy": 38.880753, "activity_lines": [ 90.692498, 90.39285, 89.174933, 87.364901 ] }, { "date": "2025-12-19", "close": 91.239916, "volume": 1148416, "typical_volume": 1265697.45, "trend": 84.999653, "fair_value": 65.262868, "relative_strength": 1.34301, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 59.45596, "energy": 43.864818, "activity_lines": [ 91.044528, 90.624259, 89.518125, 87.80667 ] }, { "date": "2025-12-26", "close": 92.344467, "volume": 898721, "typical_volume": 1254352.85, "trend": 85.594439, "fair_value": 65.598896, "relative_strength": 1.312777, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.023639, "energy": 47.357308, "activity_lines": [ 91.646382, 90.975083, 89.915597, 88.280529 ] }, { "date": "2026-01-02", "close": 90.911536, "volume": 1123249, "typical_volume": 1264489.6, "trend": 86.085335, "fair_value": 65.922804, "relative_strength": 1.489165, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 56.767569, "energy": 38.506614, "activity_lines": [ 91.425599, 90.99813, 90.135683, 88.623567 ] }, { "date": "2026-01-09", "close": 92.642995, "volume": 1329957, "typical_volume": 1269639.4, "trend": 86.648143, "fair_value": 66.245879, "relative_strength": 1.19024, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.988781, "energy": 42.210159, "activity_lines": [ 91.809358, 91.33159, 90.489883, 89.046642 ] }, { "date": "2026-01-16", "close": 92.006136, "volume": 1453129, "typical_volume": 1310497.5, "trend": 87.187478, "fair_value": 66.563248, "relative_strength": 1.358243, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 57.197385, "energy": 38.699585, "activity_lines": [ 91.951075, 91.552343, 90.742319, 89.392319 ] }, { "date": "2026-01-23", "close": 91.986235, "volume": 1639783, "typical_volume": 1344638.45, "trend": 87.617694, "fair_value": 66.868495, "relative_strength": 1.095522, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 53.804857, "energy": 34.527958, "activity_lines": [ 92.003483, 91.730491, 90.953791, 89.701916 ] }, { "date": "2026-01-30", "close": 91.876774, "volume": 1418338, "typical_volume": 1369169.45, "trend": 88.00359, "fair_value": 67.163172, "relative_strength": 1.102313, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 51.944106, "energy": 33.398052, "activity_lines": [ 91.96965, 91.842888, 91.120398, 89.976696 ] }, { "date": "2026-02-06", "close": 90.095561, "volume": 2041164, "typical_volume": 1420295.7, "trend": 88.327467, "fair_value": 67.453426, "relative_strength": 1.108335, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 35.181955, "energy": 20.519693, "activity_lines": [ 91.373258, 91.545843, 91.091949, 90.111662 ] }, { "date": "2026-02-13", "close": 88.318527, "volume": 1533435, "typical_volume": 1442057.0, "trend": 88.550778, "fair_value": 67.730603, "relative_strength": 0.37256, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 11.450295, "energy": 10.556206, "activity_lines": [ 90.23892, 90.948006, 90.885577, 90.111085 ] }, { "date": "2026-02-20", "close": 89.627868, "volume": 943701, "typical_volume": 1440565.85, "trend": 88.792604, "fair_value": 68.025855, "relative_strength": 0.681376, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 7.922741, "energy": 14.097187, "activity_lines": [ 89.829328, 90.658743, 90.801608, 90.180574 ] }, { "date": "2026-02-27", "close": 88.782041, "volume": 2092323, "typical_volume": 1485124.15, "trend": 89.067076, "fair_value": 68.308252, "relative_strength": -0.031263, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": -2.71866, "energy": 18.16757, "activity_lines": [ 89.296344, 90.236386, 90.634557, 90.179893 ] }, { "date": "2026-03-06", "close": 87.735006, "volume": 1873963, "typical_volume": 1523913.6, "trend": 89.199845, "fair_value": 68.597055, "relative_strength": 0.010537, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -28.548212, "energy": 37.099303, "activity_lines": [ 88.627961, 89.668349, 90.358169, 90.093953 ] }, { "date": "2026-03-13", "close": 86.652545, "volume": 1943149, "typical_volume": 1565744.6, "trend": 89.273386, "fair_value": 68.866863, "relative_strength": -0.232953, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -34.273165, "energy": 48.742275, "activity_lines": [ 87.874876, 88.987308, 89.983028, 89.929611 ] }, { "date": "2026-03-20", "close": 84.852425, "volume": 1508472, "typical_volume": 1559764.7, "trend": 89.301472, "fair_value": 69.120311, "relative_strength": -0.359859, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -51.156353, "energy": 62.3135, "activity_lines": [ 86.751285, 88.056409, 89.455577, 89.644388 ] }, { "date": "2026-03-27", "close": 82.377003, "volume": 2187287, "typical_volume": 1568489.9, "trend": 89.253988, "fair_value": 69.348188, "relative_strength": -0.064785, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -83.946566, "energy": 80.304044, "activity_lines": [ 85.033627, 86.81708, 88.730277, 89.197648 ] }, { "date": "2026-04-03", "close": 85.982058, "volume": 1836825, "typical_volume": 1588339.95, "trend": 89.294929, "fair_value": 69.602492, "relative_strength": 0.283339, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.057175, "energy": 67.813673, "activity_lines": [ 85.001045, 86.408291, 88.383958, 88.986556 ] }, { "date": "2026-04-10", "close": 90.006538, "volume": 1755332, "typical_volume": 1542773.95, "trend": 89.410501, "fair_value": 69.881342, "relative_strength": 0.458097, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -48.057344, "energy": 35.043809, "activity_lines": [ 86.496622, 86.840392, 88.437506, 89.032466 ] }, { "date": "2026-04-17", "close": 96.1581, "volume": 2261460, "typical_volume": 1584672.55, "trend": 89.67336, "fair_value": 70.201316, "relative_strength": 1.012802, "stage": 3, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 17.794094, "energy": 15.221958, "activity_lines": [ 89.891284, 88.424964, 89.063407, 89.467795 ] }, { "date": "2026-04-24", "close": 97.413045, "volume": 1882465, "typical_volume": 1599485.45, "trend": 89.992579, "fair_value": 70.52539, "relative_strength": 0.087274, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 39.503341, "energy": 40.683878, "activity_lines": [ 93.070557, 90.127479, 89.7858, 89.967129 ] }, { "date": "2026-05-01", "close": 98.579728, "volume": 1703088, "typical_volume": 1628712.85, "trend": 90.308672, "fair_value": 70.856692, "relative_strength": -0.287727, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 77.915238, "energy": 68.070068, "activity_lines": [ 95.80135, 91.876764, 90.594465, 90.521139 ] }, { "date": "2026-05-08", "close": 103.011129, "volume": 1766359, "typical_volume": 1659610.0, "trend": 90.850302, "fair_value": 71.215462, "relative_strength": -1.251446, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 87.920987, "energy": 91.783842, "activity_lines": [ 98.929095, 94.268996, 91.787961, 91.340652 ] }, { "date": "2026-05-15", "close": 103.146744, "volume": 1771695, "typical_volume": 1703258.7, "trend": 91.333661, "fair_value": 71.565272, "relative_strength": -0.815972, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 81.754842, "energy": 92.586149, "activity_lines": [ 100.966774, 96.427176, 92.938319, 92.133971 ] }, { "date": "2026-05-22", "close": 103.465836, "volume": 1692431, "typical_volume": 1731717.8, "trend": 91.760197, "fair_value": 71.909553, "relative_strength": -1.706379, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 76.571706, "energy": 90.637147, "activity_lines": [ 102.234803, 98.363158, 94.067627, 92.916692 ] }, { "date": "2026-05-29", "close": 105.938806, "volume": 1348040, "typical_volume": 1732621.95, "trend": 92.197736, "fair_value": 72.2633, "relative_strength": -2.181137, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 81.318915, "energy": 92.046425, "activity_lines": [ 103.839973, 100.443076, 95.372674, 93.831441 ] }, { "date": "2026-06-05", "close": 101.012811, "volume": 2684485, "typical_volume": 1794189.75, "trend": 92.569432, "fair_value": 72.58447, "relative_strength": -2.317837, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.765866, "energy": 70.171325, "activity_lines": [ 103.23476, 101.243969, 96.145265, 94.400155 ] }, { "date": "2026-06-12", "close": 101.750713, "volume": 3729684, "typical_volume": 1898684.8, "trend": 92.978971, "fair_value": 72.899726, "relative_strength": -3.784108, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 63.724856, "energy": 56.793232, "activity_lines": [ 102.71331, 101.840193, 96.945243, 94.992496 ] }, { "date": "2026-06-19", "close": 104.097042, "volume": 1966188, "typical_volume": 1926077.3, "trend": 93.543221, "fair_value": 73.23479, "relative_strength": -4.078725, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 68.496057, "energy": 55.948461, "activity_lines": [ 103.057996, 102.57632, 97.922184, 95.709791 ] }, { "date": "2026-06-26", "close": 99.38, "volume": 1493361, "typical_volume": 1898687.15, "trend": 93.811809, "fair_value": 73.532717, "relative_strength": -4.058933, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 47.364272, "energy": 37.150178, "activity_lines": [ 101.766982, 102.198612, 98.391691, 96.086357 ] }, { "date": "2026-07-03", "close": 101.66, "volume": 1112679, "typical_volume": 1877649.35, "trend": 94.127253, "fair_value": 73.847832, "relative_strength": -2.666613, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 44.907017, "energy": 34.500088, "activity_lines": [ 101.508358, 102.176869, 99.03413, 96.592692 ] }, { "date": "2026-07-10", "close": 103.53, "volume": 1209661, "typical_volume": 1890947.35, "trend": 94.552719, "fair_value": 74.164085, "relative_strength": -2.603352, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 52.019029, "energy": 38.293043, "activity_lines": [ 102.15832, 102.417909, 99.791132, 97.199321 ] }, { "date": "2026-07-17", "close": 100.45, "volume": 1718260, "typical_volume": 1872244.2, "trend": 94.859722, "fair_value": 74.462287, "relative_strength": -1.379927, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 42.067323, "energy": 28.741923, "activity_lines": [ 101.613803, 102.008944, 100.188601, 97.579791 ] }, { "date": "2026-07-24", "close": 98.35, "volume": 1568463, "typical_volume": 1856969.2, "trend": 95.059907, "fair_value": 74.740256, "relative_strength": -1.846401, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 38.240103, "energy": 23.649092, "activity_lines": [ 100.456, 101.264726, 100.330508, 97.80497 ] }, { "date": "2026-07-31", "close": 100.03, "volume": 1600302, "typical_volume": 1839826.85, "trend": 95.363856, "fair_value": 75.039591, "relative_strength": -0.707965, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 33.96875, "energy": 18.8972, "activity_lines": [ 100.241333, 100.913177, 100.581867, 98.125621 ] }, { "date": "2026-08-07", "close": 105.1844, "volume": 1992841, "typical_volume": 1864045.3, "trend": 95.781902, "fair_value": 75.377486, "relative_strength": -0.640681, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 64.627468, "energy": 32.090736, "activity_lines": [ 101.701467, 101.561261, 101.26042, 98.759205 ] } ], "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." } } }