{ "ticker": { "uuid": "d00f8cc1-2bbc-4d03-ad57-5eecb920ddf9", "symbol": "EWY", "name": "ISHARES INC MSCI SOUTH KOREA ETF", "exchange": "NYSEARCA", "country": "US", "assetType": "etf" }, "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.", "analysis": { "eligible": true, "as_of": "2026-08-07", "benchmark": "SPY", "stage": 2, "stage_name": "Advancing", "phase": "2b", "phase_label": "Stage 2B \u00b7 Advancing", "transition": "stage_2_healthy", "transition_label": "Stage 2 trend intact", "confidence": 96.0, "architecture_regime": "deceleration", "architecture_regime_label": "Deceleration", "architecture_modifier": "Recompressing", "architecture_gate": "up", "architecture_direction": 4.758, "architecture_energy": 19.229, "architecture_maturity": 56.301, "architecture_confidence": 75.744, "architecture_tenure": "New", "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": 57.63, "rotation_up": 15.46, "upward_expansion": 41.4, "deceleration": 87.16, "rotation_down": 43.87, "downward_expansion": 35.4 }, "activity_lines": [ 163.755333, 173.361636, 176.883429, 168.66271 ], "activity_state": "Compressed", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": -0.5 }, "latest_close": 166.09, "trend_reference": 156.368667, "distance_from_trend": 0.062169, "trend_direction": "Improving", "fair_value": 81.607636, "distance_from_fair_value": 1.035226, "fair_value_direction": "Weakening", "relative_strength": 18.626066, "relative_strength_direction": "Weakening", "price_momentum": 0.33181, "excess_performance": 0.206185, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.062169, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.225278, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 1.035226, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.626858, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.186261, "read": "Leading" }, { "label": "Relative strength direction", "positive": false, "value": -0.566737, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.33181, "read": "Positive" }, { "label": "Volume balance", "positive": false, "value": 0.832976, "read": "Supply-led" } ], "volume": { "latest": 92465899, "relative_activity": 0.903207, "balance": 0.832976, "dry_up": 1.289831, "accumulation_observations": 2, "distribution_observations": 5 }, "risk": { "range_context": 0.148835, "annualized_volatility": 0.639229, "from_high_reference": -0.248087, "from_low_reference": 1.394889 }, "levels": { "trend_reference": 156.368667, "fair_value_reference": 81.607636, "structural_low": 114.92, "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 3, "median_return": 0.010231, "positive_rate": 0.666667, "directional_follow_through": 0.666667, "median_excess_return": -0.006546, "regime_survival": 0.333333, "best_return": 0.318467, "worst_return": -0.008984, "sufficient": false }, { "horizon": "Intermediate", "sample_count": 2, "median_return": 0.270675, "positive_rate": 1.0, "directional_follow_through": 1.0, "median_excess_return": 0.170013, "regime_survival": 0.0, "best_return": 0.466102, "worst_return": 0.075248, "sufficient": false }, { "horizon": "Extended", "sample_count": 1, "median_return": 0.043069, "positive_rate": 1.0, "directional_follow_through": 1.0, "median_excess_return": -0.081702, "regime_survival": 0.0, "best_return": 0.043069, "worst_return": 0.043069, "sufficient": false }, { "horizon": "Full cycle", "sample_count": 1, "median_return": 0.099478, "positive_rate": 1.0, "directional_follow_through": 1.0, "median_excess_return": -0.188781, "regime_survival": 0.0, "best_return": 0.099478, "worst_return": 0.099478, "sufficient": false } ], "ledger": [ { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2023-10-06", "end": "2023-10-13", "tenure": "New", "return": 0.002559, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2023-10-20", "end": "2023-12-08", "tenure": "Developing", "return": 0.092827, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2023-12-15", "end": "2024-01-19", "tenure": "Developing", "return": -0.048952, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-01-26", "end": "2024-02-16", "tenure": "New", "return": 0.078824, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-02-23", "end": "2024-05-24", "tenure": "Established", "return": -0.016268, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-05-31", "end": "2024-07-05", "tenure": "Developing", "return": 0.109038, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-07-12", "end": "2024-08-02", "tenure": "New", "return": -0.07429, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-08-09", "end": "2024-10-25", "tenure": "Developing", "return": -0.017358, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2024-11-01", "end": "2025-02-21", "tenure": "Established", "return": -0.017235, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-02-28", "end": "2025-05-16", "tenure": "Developing", "return": 0.075361, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-05-23", "end": "2026-03-27", "tenure": "Extended", "return": 1.098592, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-04-03", "end": "2026-04-17", "tenure": "New", "return": 0.239766, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-04-24", "end": "2026-07-17", "tenure": "Established", "return": 0.051562, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-07-24", "end": "2026-08-07", "tenure": "New", "return": 0.019207, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 56.44039, "volume": 16828761, "typical_volume": 15337270.4, "trend": 58.217855, "fair_value": 65.412167, "relative_strength": -5.586163, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 5.190407, "energy": 10.744144, "activity_lines": [ 59.000534, 59.770472, 59.626882, 58.919069 ] }, { "date": "2023-08-25", "close": 57.686972, "volume": 15042036, "typical_volume": 15489184.8, "trend": 58.112422, "fair_value": 65.411989, "relative_strength": -4.230381, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 0.52491, "energy": 19.87832, "activity_lines": [ 58.250725, 59.33865, 59.499211, 58.884819 ] }, { "date": "2023-09-01", "close": 58.803314, "volume": 15334141, "typical_volume": 15397612.6, "trend": 58.10653, "fair_value": 65.424062, "relative_strength": -4.765767, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 3.286837, "energy": 22.589766, "activity_lines": [ 58.122345, 59.185407, 59.468778, 58.929392 ] }, { "date": "2023-09-08", "close": 57.482309, "volume": 10184972, "typical_volume": 15276533.65, "trend": 58.085134, "fair_value": 65.423317, "relative_strength": -5.729289, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -22.84354, "energy": 30.357226, "activity_lines": [ 57.819072, 58.793673, 59.313154, 58.88912 ] }, { "date": "2023-09-15", "close": 58.719588, "volume": 15614363, "typical_volume": 15482677.25, "trend": 58.154285, "fair_value": 65.421687, "relative_strength": -3.586556, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -14.736788, "energy": 24.068946, "activity_lines": [ 58.116763, 58.653792, 59.274348, 58.930053 ] }, { "date": "2023-09-22", "close": 56.561327, "volume": 17668855, "typical_volume": 15715371.7, "trend": 58.222196, "fair_value": 65.423624, "relative_strength": -4.377037, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -28.798901, "energy": 26.355487, "activity_lines": [ 57.695034, 58.121838, 59.01914, 58.827281 ] }, { "date": "2023-09-29", "close": 54.830997, "volume": 17051549, "typical_volume": 15691925.25, "trend": 58.17072, "fair_value": 65.401933, "relative_strength": -6.722721, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -49.147803, "energy": 49.188772, "activity_lines": [ 56.688466, 57.383191, 58.602638, 58.608494 ] }, { "date": "2023-10-06", "close": 54.524003, "volume": 21923904, "typical_volume": 15979862.0, "trend": 58.196768, "fair_value": 65.360243, "relative_strength": -7.688167, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -47.647392, "energy": 60.966188, "activity_lines": [ 55.769965, 56.70865, 58.158361, 58.373222 ] }, { "date": "2023-10-13", "close": 54.663546, "volume": 17094484, "typical_volume": 16122073.5, "trend": 58.210102, "fair_value": 65.329693, "relative_strength": -7.869007, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -71.64479, "energy": 78.678453, "activity_lines": [ 55.183265, 56.209679, 57.742612, 58.145272 ] }, { "date": "2023-10-20", "close": 52.91461, "volume": 19289360, "typical_volume": 16332821.85, "trend": 58.122965, "fair_value": 65.277915, "relative_strength": -8.63399, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -80.563416, "energy": 85.662598, "activity_lines": [ 54.201504, 55.49539, 57.179524, 57.803628 ] }, { "date": "2023-10-27", "close": 50.830772, "volume": 19012488, "typical_volume": 16517572.0, "trend": 57.918923, "fair_value": 65.232242, "relative_strength": -9.978038, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -88.022974, "energy": 91.388059, "activity_lines": [ 52.912129, 54.507765, 56.454654, 57.333163 ] }, { "date": "2023-11-03", "close": 55.510105, "volume": 26312463, "typical_volume": 16999281.7, "trend": 57.90993, "fair_value": 65.186111, "relative_strength": -7.041326, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.625545, "energy": 68.993585, "activity_lines": [ 53.564569, 54.472922, 56.228772, 57.177756 ] }, { "date": "2023-11-10", "close": 56.096185, "volume": 21183530, "typical_volume": 17412085.85, "trend": 57.815351, "fair_value": 65.124731, "relative_strength": -7.126958, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -59.552206, "energy": 45.034223, "activity_lines": [ 54.367095, 54.584218, 56.088875, 57.06074 ] }, { "date": "2023-11-17", "close": 57.91024, "volume": 15816253, "typical_volume": 17425038.55, "trend": 57.836748, "fair_value": 65.068569, "relative_strength": -6.17783, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -30.61102, "energy": 20.063132, "activity_lines": [ 55.669494, 55.074563, 56.135079, 57.066862 ] }, { "date": "2023-11-24", "close": 57.97536, "volume": 8086639, "typical_volume": 17162027.15, "trend": 57.887913, "fair_value": 64.994507, "relative_strength": -6.911281, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -15.744146, "energy": 23.330798, "activity_lines": [ 56.777153, 55.568967, 56.192491, 57.075805 ] }, { "date": "2023-12-01", "close": 58.905645, "volume": 21456784, "typical_volume": 17364479.05, "trend": 57.94156, "fair_value": 64.897042, "relative_strength": -6.093306, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -4.446437, "energy": 23.326853, "activity_lines": [ 57.857524, 56.246045, 56.342134, 57.141465 ] }, { "date": "2023-12-08", "close": 57.826515, "volume": 14263472, "typical_volume": 17366386.25, "trend": 58.031177, "fair_value": 64.795865, "relative_strength": -7.876208, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "mixed", "direction": 15.7767, "energy": 27.151809, "activity_lines": [ 58.03986, 56.684294, 56.406102, 57.134043 ] }, { "date": "2023-12-15", "close": 59.482422, "volume": 16006295, "typical_volume": 17245779.75, "trend": 58.089785, "fair_value": 64.708627, "relative_strength": -7.300836, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 27.328708, "energy": 31.406444, "activity_lines": [ 58.619738, 57.369153, 56.64492, 57.227671 ] }, { "date": "2023-12-22", "close": 61.066914, "volume": 14865986, "typical_volume": 17189933.75, "trend": 58.16865, "fair_value": 64.626123, "relative_strength": -5.543104, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 38.298661, "energy": 51.806121, "activity_lines": [ 59.50203, 58.251948, 57.050368, 57.419744 ] }, { "date": "2023-12-29", "close": 62.556118, "volume": 9960473, "typical_volume": 16649840.4, "trend": 58.233275, "fair_value": 64.530726, "relative_strength": -3.470355, "stage": 2, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 43.462003, "energy": 61.252702, "activity_lines": [ 60.670279, 59.289083, 57.594042, 57.702806 ] }, { "date": "2024-01-05", "close": 60.02638, "volume": 12740291, "typical_volume": 16445416.9, "trend": 58.166441, "fair_value": 64.360444, "relative_strength": -5.67855, "stage": 2, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 34.550228, "energy": 55.001797, "activity_lines": [ 60.689898, 59.690965, 57.878519, 57.818491 ] }, { "date": "2024-01-12", "close": 58.575361, "volume": 17159878, "typical_volume": 16551309.0, "trend": 58.057441, "fair_value": 64.203878, "relative_strength": -9.328675, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 30.679108, "energy": 38.47544, "activity_lines": [ 60.151129, 59.661833, 58.007728, 57.844873 ] }, { "date": "2024-01-19", "close": 56.570663, "volume": 17026767, "typical_volume": 16635940.3, "trend": 57.979918, "fair_value": 64.025289, "relative_strength": -13.060764, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 1.917847, "energy": 9.728176, "activity_lines": [ 58.894203, 59.212478, 57.941783, 57.748952 ] }, { "date": "2024-01-26", "close": 56.799771, "volume": 15439983, "typical_volume": 16898690.85, "trend": 57.907862, "fair_value": 63.881166, "relative_strength": -13.157801, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -8.185681, "energy": 15.079831, "activity_lines": [ 57.907765, 58.796152, 57.90829, 57.672813 ] }, { "date": "2024-02-02", "close": 59.768633, "volume": 23797942, "typical_volume": 17307869.8, "trend": 57.94221, "fair_value": 63.728038, "relative_strength": -9.586403, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 7.948477, "energy": 15.691292, "activity_lines": [ 58.195423, 58.93981, 58.160795, 57.792863 ] }, { "date": "2024-02-09", "close": 60.780529, "volume": 14941762, "typical_volume": 17171515.15, "trend": 57.885009, "fair_value": 63.57482, "relative_strength": -9.006642, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 46.594634, "energy": 24.133416, "activity_lines": [ 59.006212, 59.234844, 58.504676, 57.97598 ] }, { "date": "2024-02-16", "close": 61.27693, "volume": 19049992, "typical_volume": 17271437.3, "trend": 57.880017, "fair_value": 63.430553, "relative_strength": -7.706162, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 63.576004, "energy": 47.369113, "activity_lines": [ 59.932191, 59.586044, 58.875742, 58.194814 ] }, { "date": "2024-02-23", "close": 62.202909, "volume": 12182840, "typical_volume": 16784384.1, "trend": 57.860616, "fair_value": 63.321816, "relative_strength": -7.620448, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 69.85491, "energy": 70.107676, "activity_lines": [ 60.986726, 60.042869, 59.304301, 58.47371 ] }, { "date": "2024-03-01", "close": 61.983347, "volume": 15621626, "typical_volume": 16710741.2, "trend": 57.916381, "fair_value": 63.205671, "relative_strength": -8.568796, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.549093, "energy": 72.026041, "activity_lines": [ 61.59259, 60.41031, 59.675384, 58.739693 ] }, { "date": "2024-03-08", "close": 63.262535, "volume": 15868518, "typical_volume": 16539699.1, "trend": 58.067813, "fair_value": 63.10338, "relative_strength": -6.233446, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 74.73846, "energy": 76.840425, "activity_lines": [ 62.279279, 60.993669, 60.133438, 59.084606 ] }, { "date": "2024-03-15", "close": 62.613395, "volume": 20604682, "typical_volume": 16619308.8, "trend": 58.27358, "fair_value": 62.992024, "relative_strength": -6.893552, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.765161, "energy": 71.972253, "activity_lines": [ 62.51666, 61.446157, 60.480393, 59.377869 ] }, { "date": "2024-03-22", "close": 64.007137, "volume": 16236974, "typical_volume": 16115534.35, "trend": 58.484252, "fair_value": 62.888102, "relative_strength": -6.633028, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 73.724298, "energy": 68.136415, "activity_lines": [ 63.096432, 62.105017, 60.903977, 59.747776 ] }, { "date": "2024-03-29", "close": 64.064415, "volume": 8621237, "typical_volume": 15487419.7, "trend": 58.659622, "fair_value": 62.775606, "relative_strength": -6.626991, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 71.283132, "energy": 67.00126, "activity_lines": [ 63.513282, 62.675532, 61.292555, 60.107787 ] }, { "date": "2024-04-05", "close": 63.10025, "volume": 16088139, "typical_volume": 15501014.0, "trend": 58.846887, "fair_value": 62.653353, "relative_strength": -6.982895, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 62.983414, "energy": 52.955079, "activity_lines": [ 63.484643, 62.934494, 61.551364, 60.394279 ] }, { "date": "2024-04-12", "close": 59.768633, "volume": 31041016, "typical_volume": 16648732.85, "trend": 58.881855, "fair_value": 62.497456, "relative_strength": -10.217756, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 37.485279, "energy": 29.949258, "activity_lines": [ 62.271005, 62.473153, 61.468161, 60.453746 ] }, { "date": "2024-04-19", "close": 58.537176, "volume": 23683692, "typical_volume": 16760078.25, "trend": 58.947717, "fair_value": 62.337127, "relative_strength": -8.975876, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 11.582274, "energy": 14.718428, "activity_lines": [ 60.879809, 61.787911, 61.259137, 60.431509 ] }, { "date": "2024-04-26", "close": 60.465505, "volume": 12943205, "typical_volume": 16694064.9, "trend": 59.135533, "fair_value": 62.202311, "relative_strength": -8.146281, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 21.686637, "energy": 24.080022, "activity_lines": [ 60.403136, 61.494062, 61.235518, 60.529431 ] }, { "date": "2024-05-03", "close": 62.222002, "volume": 14682954, "typical_volume": 16627897.85, "trend": 59.392133, "fair_value": 62.061218, "relative_strength": -5.769728, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 29.238577, "energy": 26.177926, "activity_lines": [ 60.748072, 61.53433, 61.366618, 60.728558 ] }, { "date": "2024-05-10", "close": 61.935616, "volume": 10612049, "typical_volume": 16415201.0, "trend": 59.634536, "fair_value": 61.935999, "relative_strength": -7.689595, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 30.133058, "energy": 19.073967, "activity_lines": [ 61.120373, 61.52218, 61.457398, 60.892653 ] }, { "date": "2024-05-17", "close": 62.489295, "volume": 13814337, "typical_volume": 16607894.2, "trend": 59.953692, "fair_value": 61.820271, "relative_strength": -8.07881, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 51.596771, "energy": 26.987162, "activity_lines": [ 61.754875, 61.611567, 61.596772, 61.076831 ] }, { "date": "2024-05-24", "close": 61.191014, "volume": 13639448, "typical_volume": 16652852.05, "trend": 60.299033, "fair_value": 61.681625, "relative_strength": -9.632038, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 35.684405, "energy": 23.301249, "activity_lines": [ 61.77524, 61.478962, 61.612819, 61.156659 ] }, { "date": "2024-05-31", "close": 59.358148, "volume": 10656430, "typical_volume": 16327679.65, "trend": 60.427301, "fair_value": 61.52102, "relative_strength": -11.580434, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 3.116975, "energy": 3.531202, "activity_lines": [ 61.007728, 61.03897, 61.448761, 61.095956 ] }, { "date": "2024-06-07", "close": 60.770982, "volume": 13551448, "typical_volume": 16153913.7, "trend": 60.583128, "fair_value": 61.376164, "relative_strength": -10.159114, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 14.773201, "energy": 10.140354, "activity_lines": [ 60.784983, 60.940384, 61.415531, 61.118129 ] }, { "date": "2024-06-14", "close": 61.591954, "volume": 10914656, "typical_volume": 15927647.35, "trend": 60.705852, "fair_value": 61.245454, "relative_strength": -10.023579, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 16.144522, "energy": 12.374745, "activity_lines": [ 60.932631, 61.050946, 61.440488, 61.183215 ] }, { "date": "2024-06-21", "close": 62.164725, "volume": 9366100, "typical_volume": 15206055.25, "trend": 60.845497, "fair_value": 61.101628, "relative_strength": -9.440669, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 33.884548, "energy": 15.138021, "activity_lines": [ 61.294113, 61.293072, 61.497174, 61.277336 ] }, { "date": "2024-06-28", "close": 63.090704, "volume": 7754314, "typical_volume": 14846682.85, "trend": 60.984999, "fair_value": 60.969565, "relative_strength": -7.776117, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 54.812125, "energy": 31.267071, "activity_lines": [ 61.985893, 61.659992, 61.630639, 61.422188 ] }, { "date": "2024-07-05", "close": 65.830458, "volume": 8712698, "typical_volume": 14329818.15, "trend": 61.251797, "fair_value": 60.871159, "relative_strength": -5.330981, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 74.116723, "energy": 63.303387, "activity_lines": [ 63.464278, 62.442258, 62.014031, 61.734798 ] }, { "date": "2024-07-12", "close": 65.534526, "volume": 12548087, "typical_volume": 14348080.5, "trend": 61.453534, "fair_value": 60.767971, "relative_strength": -6.311574, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 73.266506, "energy": 74.397699, "activity_lines": [ 64.412532, 63.073174, 62.347557, 62.011103 ] }, { "date": "2024-07-19", "close": 62.269733, "volume": 10795841, "typical_volume": 14106791.25, "trend": 61.493628, "fair_value": 60.647086, "relative_strength": -8.853827, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 60.05931, "energy": 64.643987, "activity_lines": [ 63.954952, 63.050263, 62.354285, 62.063761 ] }, { "date": "2024-07-26", "close": 62.097901, "volume": 12570712, "typical_volume": 13941900.95, "trend": 61.478354, "fair_value": 60.533176, "relative_strength": -7.986209, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 53.616474, "energy": 49.826898, "activity_lines": [ 63.394909, 62.990035, 62.343284, 62.102746 ] }, { "date": "2024-08-02", "close": 60.665974, "volume": 16657704, "typical_volume": 13744552.05, "trend": 61.499674, "fair_value": 60.400625, "relative_strength": -7.831946, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 16.947629, "energy": 9.657136, "activity_lines": [ 62.362012, 62.676573, 62.201455, 62.050335 ] }, { "date": "2024-08-09", "close": 59.396332, "volume": 28487575, "typical_volume": 14357082.1, "trend": 61.52704, "fair_value": 60.283242, "relative_strength": -9.463533, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -15.652771, "energy": 22.249984, "activity_lines": [ 61.06755, 62.141814, 61.947981, 61.914635 ] }, { "date": "2024-08-16", "close": 62.565664, "volume": 16020882, "typical_volume": 14727064.35, "trend": 61.726873, "fair_value": 60.207692, "relative_strength": -8.038434, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 4.102471, "energy": 15.339612, "activity_lines": [ 61.258474, 62.182602, 62.018304, 61.981643 ] }, { "date": "2024-08-23", "close": 64.159876, "volume": 14450694, "typical_volume": 14645192.1, "trend": 61.97221, "fair_value": 60.124594, "relative_strength": -6.732042, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 38.351014, "energy": 19.608002, "activity_lines": [ 62.178725, 62.480616, 62.247594, 62.138611 ] }, { "date": "2024-08-30", "close": 62.52748, "volume": 12579009, "typical_volume": 13722091.75, "trend": 62.064172, "fair_value": 60.019495, "relative_strength": -9.051471, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 29.306394, "energy": 11.357727, "activity_lines": [ 62.428836, 62.435142, 62.316372, 62.174435 ] }, { "date": "2024-09-06", "close": 57.754389, "volume": 13710256, "typical_volume": 13223419.95, "trend": 61.9633, "fair_value": 59.907393, "relative_strength": -12.036457, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -54.574554, "energy": 23.793007, "activity_lines": [ 61.059277, 61.515237, 61.917433, 61.896385 ] }, { "date": "2024-09-13", "close": 60.42732, "volume": 13135530, "typical_volume": 13233036.2, "trend": 61.93498, "fair_value": 59.815482, "relative_strength": -11.140881, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -46.49647, "energy": 25.193692, "activity_lines": [ 60.774801, 61.178344, 61.776786, 61.797289 ] }, { "date": "2024-09-20", "close": 60.446412, "volume": 17110947, "typical_volume": 13354435.85, "trend": 61.87643, "fair_value": 59.726982, "relative_strength": -11.984097, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -45.832836, "energy": 42.980624, "activity_lines": [ 60.427956, 60.943161, 61.638139, 61.701252 ] }, { "date": "2024-09-27", "close": 63.329359, "volume": 21659339, "typical_volume": 13906800.35, "trend": 61.921297, "fair_value": 59.668615, "relative_strength": -8.025032, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -29.871634, "energy": 24.738594, "activity_lines": [ 61.183377, 61.324661, 61.782514, 61.79499 ] }, { "date": "2024-10-04", "close": 59.854549, "volume": 19129954, "typical_volume": 14172581.2, "trend": 61.807697, "fair_value": 59.602626, "relative_strength": -12.964572, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -50.593999, "energy": 23.273159, "activity_lines": [ 60.835896, 61.055111, 61.589317, 61.661651 ] }, { "date": "2024-10-11", "close": 60.513236, "volume": 11843479, "typical_volume": 14082782.75, "trend": 61.737692, "fair_value": 59.5269, "relative_strength": -12.673099, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -47.446657, "energy": 20.303567, "activity_lines": [ 60.886173, 60.946111, 61.471399, 61.578138 ] }, { "date": "2024-10-18", "close": 59.25314, "volume": 12651529, "typical_volume": 14182537.7, "trend": 61.579226, "fair_value": 59.443153, "relative_strength": -14.868673, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -55.554358, "energy": 25.770966, "activity_lines": [ 60.332495, 60.61078, 61.2367, 61.417844 ] }, { "date": "2024-10-25", "close": 58.365345, "volume": 13160887, "typical_volume": 14163009.65, "trend": 61.389257, "fair_value": 59.358734, "relative_strength": -15.001991, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -62.405275, "energy": 51.513011, "activity_lines": [ 59.561163, 60.116635, 60.917948, 61.210497 ] }, { "date": "2024-11-01", "close": 57.296173, "volume": 11546985, "typical_volume": 14194626.1, "trend": 61.195787, "fair_value": 59.267577, "relative_strength": -14.98896, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -68.277182, "energy": 62.771513, "activity_lines": [ 58.572179, 59.504465, 60.508826, 60.946427 ] }, { "date": "2024-11-08", "close": 56.513386, "volume": 18249638, "typical_volume": 14638803.0, "trend": 61.087279, "fair_value": 59.16996, "relative_strength": -19.50269, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -74.779464, "energy": 73.804725, "activity_lines": [ 57.724478, 58.874764, 60.045609, 60.644336 ] }, { "date": "2024-11-15", "close": 53.649532, "volume": 23551328, "typical_volume": 15428653.7, "trend": 60.924358, "fair_value": 59.061427, "relative_strength": -21.462067, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -86.513404, "energy": 85.184281, "activity_lines": [ 56.144904, 57.83371, 59.336555, 60.164482 ] }, { "date": "2024-11-22", "close": 55.491945, "volume": 13302802, "typical_volume": 15658158.9, "trend": 60.758572, "fair_value": 58.980106, "relative_strength": -19.620795, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -68.281692, "energy": 79.486147, "activity_lines": [ 55.637047, 57.202273, 58.847927, 59.814003 ] }, { "date": "2024-11-29", "close": 54.823712, "volume": 11234798, "typical_volume": 15592494.45, "trend": 60.511963, "fair_value": 58.8776, "relative_strength": -21.004691, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -70.081182, "energy": 79.343105, "activity_lines": [ 55.157192, 56.539074, 58.344889, 59.431109 ] }, { "date": "2024-12-06", "close": 52.465806, "volume": 65003813, "typical_volume": 18302893.05, "trend": 60.196302, "fair_value": 58.748153, "relative_strength": -24.539348, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -82.51307, "energy": 86.218883, "activity_lines": [ 54.127478, 55.549396, 57.668292, 58.912002 ] }, { "date": "2024-12-13", "close": 53.449062, "volume": 20699594, "typical_volume": 18709337.15, "trend": 59.894961, "fair_value": 58.627777, "relative_strength": -22.150449, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -70.134078, "energy": 75.170364, "activity_lines": [ 53.747539, 54.93601, 57.132024, 58.476697 ] }, { "date": "2024-12-20", "close": 51.175477, "volume": 18497521, "typical_volume": 18801328.0, "trend": 59.56111, "fair_value": 58.491648, "relative_strength": -23.499785, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -82.22594, "energy": 81.390366, "activity_lines": [ 52.814028, 54.025709, 56.420409, 57.914149 ] }, { "date": "2024-12-27", "close": 50.315056, "volume": 8856201, "typical_volume": 17819759.3, "trend": 59.259674, "fair_value": 58.355307, "relative_strength": -24.649862, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -82.401627, "energy": 89.443683, "activity_lines": [ 51.758647, 53.128745, 55.672042, 57.31763 ] }, { "date": "2025-01-03", "close": 51.664353, "volume": 10434486, "typical_volume": 17540439.5, "trend": 58.956119, "fair_value": 58.229619, "relative_strength": -21.656682, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.007056, "energy": 81.329983, "activity_lines": [ 51.498157, 52.639618, 55.095424, 56.827609 ] }, { "date": "2025-01-10", "close": 52.329223, "volume": 17783533, "typical_volume": 17707081.45, "trend": 58.647362, "fair_value": 58.109666, "relative_strength": -18.599822, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.92887, "energy": 67.675421, "activity_lines": [ 51.669914, 52.393213, 54.634037, 56.400067 ] }, { "date": "2025-01-17", "close": 53.610077, "volume": 16042972, "typical_volume": 17880279.6, "trend": 58.362207, "fair_value": 58.014188, "relative_strength": -18.581565, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -60.800081, "energy": 52.303803, "activity_lines": [ 52.277728, 52.469999, 54.350973, 56.075081 ] }, { "date": "2025-01-24", "close": 54.65627, "volume": 11857029, "typical_volume": 17787618.25, "trend": 58.081059, "fair_value": 57.948516, "relative_strength": -18.008756, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -43.813735, "energy": 32.792072, "activity_lines": [ 53.223539, 52.789789, 54.210011, 55.835988 ] }, { "date": "2025-01-31", "close": 52.769211, "volume": 21157205, "typical_volume": 18188702.0, "trend": 57.645684, "fair_value": 57.858255, "relative_strength": -19.539963, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -39.639425, "energy": 26.500842, "activity_lines": [ 53.308278, 52.748173, 53.904081, 55.493289 ] }, { "date": "2025-02-07", "close": 52.935429, "volume": 15529806, "typical_volume": 18109644.95, "trend": 57.225714, "fair_value": 57.767999, "relative_strength": -18.647131, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -36.439481, "energy": 22.610113, "activity_lines": [ 53.284812, 52.786283, 53.650449, 55.189401 ] }, { "date": "2025-02-14", "close": 55.418916, "volume": 16332293, "typical_volume": 17843292.65, "trend": 56.997354, "fair_value": 57.693191, "relative_strength": -15.577954, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -25.975533, "energy": 18.987512, "activity_lines": [ 54.004436, 53.310269, 53.669106, 55.072834 ] }, { "date": "2025-02-21", "close": 56.308669, "volume": 11363585, "typical_volume": 17454974.2, "trend": 56.804379, "fair_value": 57.625972, "relative_strength": -12.354405, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -0.238869, "energy": 10.012829, "activity_lines": [ 54.814666, 53.942334, 53.81017, 55.028402 ] }, { "date": "2025-02-28", "close": 53.453637, "volume": 17639453, "typical_volume": 17744772.9, "trend": 56.563968, "fair_value": 57.556186, "relative_strength": -15.49938, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -16.838114, "energy": 14.942731, "activity_lines": [ 54.493312, 54.00331, 53.696212, 54.812225 ] }, { "date": "2025-03-07", "close": 54.441165, "volume": 19518879, "typical_volume": 18088140.4, "trend": 56.398796, "fair_value": 57.509701, "relative_strength": -10.714773, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -11.421573, "energy": 15.392536, "activity_lines": [ 54.581309, 54.202416, 53.709921, 54.67527 ] }, { "date": "2025-03-14", "close": 54.89093, "volume": 18632311, "typical_volume": 18361711.6, "trend": 56.142971, "fair_value": 57.44023, "relative_strength": -7.435144, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -7.946558, "energy": 11.325935, "activity_lines": [ 54.707765, 54.408277, 53.789379, 54.577989 ] }, { "date": "2025-03-21", "close": 55.594911, "volume": 14537785, "typical_volume": 18511251.6, "trend": 55.857472, "fair_value": 57.383109, "relative_strength": -6.283133, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -1.156216, "energy": 6.349319, "activity_lines": [ 54.938514, 54.683469, 53.952427, 54.54263 ] }, { "date": "2025-03-28", "close": 53.570967, "volume": 11262660, "typical_volume": 18161902.7, "trend": 55.558922, "fair_value": 57.308005, "relative_strength": -7.877522, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -26.259083, "energy": 12.731538, "activity_lines": [ 54.482882, 54.531296, 53.93082, 54.395113 ] }, { "date": "2025-04-04", "close": 50.109729, "volume": 20209047, "typical_volume": 17994788.65, "trend": 55.3041, "fair_value": 57.223206, "relative_strength": -4.816491, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -58.589679, "energy": 32.68084, "activity_lines": [ 53.056018, 53.750517, 53.593583, 54.043553 ] }, { "date": "2025-04-11", "close": 53.101646, "volume": 36546415, "typical_volume": 19156969.3, "trend": 55.059911, "fair_value": 57.158589, "relative_strength": -4.211033, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -35.098067, "energy": 25.562307, "activity_lines": [ 52.849387, 53.596388, 53.558147, 53.901459 ] }, { "date": "2025-04-18", "close": 53.101646, "volume": 10458502, "typical_volume": 19118154.5, "trend": 54.815085, "fair_value": 57.10116, "relative_strength": -2.500513, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -45.898954, "energy": 32.1132, "activity_lines": [ 52.732056, 53.436215, 53.534093, 53.775119 ] }, { "date": "2025-04-25", "close": 54.568273, "volume": 15812239, "typical_volume": 16658575.8, "trend": 54.523049, "fair_value": 57.05826, "relative_strength": -3.834362, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -35.107437, "energy": 22.849246, "activity_lines": [ 53.222887, 53.539679, 53.657918, 53.759196 ] }, { "date": "2025-05-02", "close": 56.425999, "volume": 13549794, "typical_volume": 16301085.8, "trend": 54.408764, "fair_value": 57.030273, "relative_strength": -2.959931, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 11.626904, "energy": 10.755908, "activity_lines": [ 54.401403, 53.996377, 53.948658, 53.881967 ] }, { "date": "2025-05-09", "close": 56.406444, "volume": 15816286, "typical_volume": 16167024.05, "trend": 54.271871, "fair_value": 57.005933, "relative_strength": -2.202277, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 31.591835, "energy": 32.361677, "activity_lines": [ 55.383065, 54.447387, 54.223359, 54.010849 ] }, { "date": "2025-05-16", "close": 57.48197, "volume": 13531539, "typical_volume": 16400790.95, "trend": 54.212832, "fair_value": 56.984774, "relative_strength": -4.938219, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 68.135411, "energy": 62.088668, "activity_lines": [ 56.303454, 55.04026, 54.575582, 54.217953 ] }, { "date": "2025-05-23", "close": 57.648188, "volume": 13933812, "typical_volume": 16575757.25, "trend": 54.188927, "fair_value": 56.95596, "relative_strength": -1.854593, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.295933, "energy": 69.612957, "activity_lines": [ 56.987228, 55.608066, 54.909508, 54.439588 ] }, { "date": "2025-05-30", "close": 59.281031, "volume": 16798335, "typical_volume": 16526497.35, "trend": 54.255089, "fair_value": 56.94103, "relative_strength": -0.58236, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 77.398933, "energy": 77.530941, "activity_lines": [ 57.91218, 56.422621, 55.370447, 54.768111 ] }, { "date": "2025-06-06", "close": 64.11112, "volume": 27665658, "typical_volume": 17107631.65, "trend": 54.508346, "fair_value": 56.979986, "relative_strength": 5.934232, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 92.69224, "energy": 90.110517, "activity_lines": [ 60.132978, 58.048354, 56.258292, 55.403984 ] }, { "date": "2025-06-13", "close": 64.942209, "volume": 25629653, "typical_volume": 17796262.85, "trend": 54.884769, "fair_value": 57.044481, "relative_strength": 7.818059, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 90.023701, "energy": 94.929123, "activity_lines": [ 62.118464, 59.633555, 57.175282, 56.077137 ] }, { "date": "2025-06-20", "close": 67.005263, "volume": 27236458, "typical_volume": 18100225.5, "trend": 55.268546, "fair_value": 57.12338, "relative_strength": 11.482187, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 89.868845, "energy": 95.678697, "activity_lines": [ 64.222584, 61.324175, 58.239773, 56.859104 ] }, { "date": "2025-06-27", "close": 69.166092, "volume": 28635422, "typical_volume": 18755506.3, "trend": 55.746626, "fair_value": 57.228504, "relative_strength": 11.319985, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 89.304292, "energy": 95.804243, "activity_lines": [ 66.412094, 63.15488, 59.442267, 57.75572 ] }, { "date": "2025-07-04", "close": 71.082484, "volume": 17113640, "typical_volume": 18794573.65, "trend": 56.367182, "fair_value": 57.340611, "relative_strength": 12.635428, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 89.377161, "energy": 95.983586, "activity_lines": [ 68.472541, 65.041939, 60.749986, 58.74513 ] }, { "date": "2025-07-11", "close": 70.945599, "volume": 23421709, "typical_volume": 19397479.85, "trend": 56.950399, "fair_value": 57.460384, "relative_strength": 12.83002, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 81.246572, "energy": 93.20125, "activity_lines": [ 69.700596, 66.603852, 61.970079, 59.685673 ] }, { "date": "2025-07-18", "close": 70.779381, "volume": 16587150, "typical_volume": 19344864.7, "trend": 57.603863, "fair_value": 57.569545, "relative_strength": 11.899219, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 73.236339, "energy": 89.995975, "activity_lines": [ 70.417613, 67.87155, 63.104642, 60.577866 ] }, { "date": "2025-07-25", "close": 71.581137, "volume": 20750999, "typical_volume": 19406470.7, "trend": 58.312732, "fair_value": 57.671589, "relative_strength": 11.54216, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 75.095554, "energy": 88.99306, "activity_lines": [ 71.012738, 69.023696, 64.23306, 61.479625 ] }, { "date": "2025-08-01", "close": 69.078094, "volume": 26500707, "typical_volume": 19799890.5, "trend": 58.89319, "fair_value": 57.756526, "relative_strength": 10.391999, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.725804, "energy": 66.855681, "activity_lines": [ 70.468456, 69.464395, 65.041474, 62.174165 ] }, { "date": "2025-08-08", "close": 71.864684, "volume": 15145136, "typical_volume": 19830258.05, "trend": 59.544372, "fair_value": 57.850723, "relative_strength": 12.059505, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 75.660558, "energy": 68.283427, "activity_lines": [ 70.858905, 70.20393, 66.047719, 63.011035 ] }, { "date": "2025-08-15", "close": 71.757132, "volume": 13614340, "typical_volume": 19947842.05, "trend": 60.149274, "fair_value": 57.963501, "relative_strength": 10.86151, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 71.556392, "energy": 65.623194, "activity_lines": [ 71.161356, 70.695117, 66.966246, 63.798955 ] }, { "date": "2025-08-22", "close": 71.874462, "volume": 20037849, "typical_volume": 19939282.15, "trend": 60.723214, "fair_value": 58.083099, "relative_strength": 10.809445, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 69.001335, "energy": 62.899714, "activity_lines": [ 71.448814, 71.068617, 67.809347, 64.555419 ] }, { "date": "2025-08-29", "close": 70.632718, "volume": 15097047, "typical_volume": 18866813.75, "trend": 61.318664, "fair_value": 58.206288, "relative_strength": 8.997443, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.853418, "energy": 60.428812, "activity_lines": [ 71.249353, 71.090306, 68.430544, 65.194742 ] }, { "date": "2025-09-05", "close": 71.991792, "volume": 9945612, "typical_volume": 18841169.25, "trend": 61.953876, "fair_value": 58.338661, "relative_strength": 10.654845, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.445114, "energy": 61.096472, "activity_lines": [ 71.566144, 71.293145, 69.097696, 65.883331 ] }, { "date": "2025-09-12", "close": 76.909878, "volume": 19921122, "typical_volume": 19046613.4, "trend": 62.670242, "fair_value": 58.511104, "relative_strength": 16.204611, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 89.049327, "energy": 71.094067, "activity_lines": [ 73.328051, 72.338804, 70.143284, 66.848234 ] }, { "date": "2025-09-19", "close": 78.268952, "volume": 23474335, "typical_volume": 19542840.45, "trend": 63.402251, "fair_value": 58.714828, "relative_strength": 16.586997, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 88.808633, "energy": 84.547565, "activity_lines": [ 75.206636, 73.525616, 71.211919, 67.854602 ] }, { "date": "2025-09-26", "close": 77.115206, "volume": 21605460, "typical_volume": 19832299.15, "trend": 64.19097, "fair_value": 58.930073, "relative_strength": 15.099311, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 75.421665, "energy": 87.828053, "activity_lines": [ 76.266518, 74.369504, 72.06666, 68.739309 ] }, { "date": "2025-10-03", "close": 81.984405, "volume": 21474780, "typical_volume": 20229461.2, "trend": 65.109078, "fair_value": 59.164745, "relative_strength": 20.631037, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 90.351595, "energy": 94.75012, "activity_lines": [ 78.600084, 75.983504, 73.28652, 69.887273 ] }, { "date": "2025-10-10", "close": 78.924045, "volume": 26749675, "typical_volume": 20870254.35, "trend": 65.910182, "fair_value": 59.384219, "relative_strength": 18.665897, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.89405, "energy": 83.604969, "activity_lines": [ 79.15675, 76.851924, 74.09824, 70.778561 ] }, { "date": "2025-10-17", "close": 86.550501, "volume": 25940247, "typical_volume": 21327349.95, "trend": 66.942035, "fair_value": 59.642385, "relative_strength": 27.240471, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 92.166423, "energy": 81.281992, "activity_lines": [ 81.793418, 78.927956, 75.534974, 72.110194 ] }, { "date": "2025-10-24", "close": 90.001962, "volume": 27836860, "typical_volume": 21335910.05, "trend": 68.156401, "fair_value": 59.913955, "relative_strength": 29.053646, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 92.886517, "energy": 89.645971, "activity_lines": [ 84.937864, 81.364511, 77.170565, 73.597932 ] }, { "date": "2025-10-31", "close": 94.841828, "volume": 38359784, "typical_volume": 21972416.6, "trend": 69.647471, "fair_value": 60.204116, "relative_strength": 34.095364, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 94.439059, "energy": 95.875637, "activity_lines": [ 88.913399, 84.349318, 79.143806, 75.319572 ] }, { "date": "2025-11-07", "close": 89.757524, "volume": 48541167, "typical_volume": 23037652.05, "trend": 70.869334, "fair_value": 60.421615, "relative_strength": 28.097889, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.016544, "energy": 80.52881, "activity_lines": [ 90.012391, 85.992117, 80.490448, 76.616995 ] }, { "date": "2025-11-14", "close": 92.035683, "volume": 43096521, "typical_volume": 23760707.0, "trend": 72.167135, "fair_value": 60.669509, "relative_strength": 30.100845, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 70.633817, "energy": 77.222606, "activity_lines": [ 91.352561, 87.701403, 81.945714, 77.982566 ] }, { "date": "2025-11-21", "close": 87.234927, "volume": 49963466, "typical_volume": 25403198.3, "trend": 73.256024, "fair_value": 60.887691, "relative_strength": 24.860368, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.816312, "energy": 65.516177, "activity_lines": [ 90.21837, 88.17339, 82.834862, 78.954681 ] }, { "date": "2025-11-28", "close": 88.848216, "volume": 19914746, "typical_volume": 25227850.15, "trend": 74.336764, "fair_value": 61.106962, "relative_strength": 21.798545, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.915631, "energy": 56.644556, "activity_lines": [ 89.576314, 88.750974, 83.80074, 79.960629 ] }, { "date": "2025-12-05", "close": 92.201901, "volume": 26185481, "typical_volume": 25707766.7, "trend": 75.529946, "fair_value": 61.355981, "relative_strength": 24.912037, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 70.556472, "energy": 56.607519, "activity_lines": [ 90.129069, 89.745969, 85.000766, 81.113219 ] }, { "date": "2025-12-12", "close": 90.608167, "volume": 35310662, "typical_volume": 26435749.85, "trend": 76.634153, "fair_value": 61.601005, "relative_strength": 22.51129, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 60.561558, "energy": 48.786173, "activity_lines": [ 90.326575, 90.17689, 85.946996, 82.086007 ] }, { "date": "2025-12-19", "close": 91.34, "volume": 32409220, "typical_volume": 26731175.5, "trend": 77.757213, "fair_value": 61.846368, "relative_strength": 22.343601, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.686261, "energy": 49.840641, "activity_lines": [ 90.711315, 90.584076, 86.87232, 83.034771 ] }, { "date": "2025-12-26", "close": 95.84, "volume": 16195499, "typical_volume": 26783693.65, "trend": 78.975845, "fair_value": 62.123916, "relative_strength": 25.392181, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 75.988679, "energy": 58.083507, "activity_lines": [ 92.642435, 91.5837, 88.120205, 84.201403 ] }, { "date": "2026-01-02", "close": 102.22, "volume": 25127481, "typical_volume": 27359350.7, "trend": 80.246141, "fair_value": 62.422026, "relative_strength": 33.712962, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 87.35424, "energy": 75.642606, "activity_lines": [ 96.126549, 93.574423, 89.861542, 85.701026 ] }, { "date": "2026-01-09", "close": 108.89, "volume": 42130159, "typical_volume": 28463966.2, "trend": 81.711068, "fair_value": 62.747806, "relative_strength": 38.636065, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 93.377668, "energy": 94.411064, "activity_lines": [ 100.942544, 96.555728, 92.093056, 87.549017 ] }, { "date": "2026-01-16", "close": 112.22, "volume": 41129923, "typical_volume": 29765610.0, "trend": 83.218226, "fair_value": 63.090042, "relative_strength": 41.652781, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 92.33635, "energy": 96.683787, "activity_lines": [ 105.756, 99.887066, 94.465448, 89.517335 ] }, { "date": "2026-01-23", "close": 117.97, "volume": 33470322, "typical_volume": 30941845.5, "trend": 84.845023, "fair_value": 63.456196, "relative_strength": 47.450172, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 92.622508, "energy": 97.104538, "activity_lines": [ 111.045333, 103.85545, 97.187424, 91.759385 ] }, { "date": "2026-01-30", "close": 122.41, "volume": 58308257, "typical_volume": 32861202.25, "trend": 86.55594, "fair_value": 63.862798, "relative_strength": 50.199408, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 90.979824, "energy": 96.614495, "activity_lines": [ 116.039333, 108.159573, 100.113313, 94.182932 ] }, { "date": "2026-02-06", "close": 124.71, "volume": 77820610, "typical_volume": 35578516.0, "trend": 88.348086, "fair_value": 64.28963, "relative_strength": 51.06539, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 87.293661, "energy": 95.36991, "activity_lines": [ 120.028667, 112.242332, 103.041583, 96.644484 ] }, { "date": "2026-02-13", "close": 133.97, "volume": 64325505, "typical_volume": 37714518.25, "trend": 90.45444, "fair_value": 64.785303, "relative_strength": 61.674403, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 93.824121, "energy": 97.358788, "activity_lines": [ 125.605333, 117.356694, 106.63061, 99.587833 ] }, { "date": "2026-02-20", "close": 141.88, "volume": 61157157, "typical_volume": 39698637.1, "trend": 92.797736, "fair_value": 65.345277, "relative_strength": 66.394858, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 94.967237, "energy": 97.646271, "activity_lines": [ 132.146667, 123.149818, 110.702233, 102.905611 ] }, { "date": "2026-02-27", "close": 151.37, "volume": 112550579, "typical_volume": 43988682.3, "trend": 95.540799, "fair_value": 65.954218, "relative_strength": 74.88932, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 95.420101, "energy": 96.857677, "activity_lines": [ 139.874, 129.736182, 115.392449, 106.684467 ] }, { "date": "2026-03-06", "close": 126.73, "volume": 270225044, "typical_volume": 56202922.15, "trend": 97.369643, "fair_value": 66.422086, "relative_strength": 47.300164, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.1689, "energy": 67.995974, "activity_lines": [ 137.161333, 130.751091, 117.391017, 108.696673 ] }, { "date": "2026-03-13", "close": 124.15, "volume": 162440974, "typical_volume": 62933127.85, "trend": 99.116072, "fair_value": 66.870076, "relative_strength": 44.570755, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.400717, "energy": 64.426026, "activity_lines": [ 133.300667, 130.735273, 118.952539, 110.424438 ] }, { "date": "2026-03-20", "close": 125.78, "volume": 113294274, "typical_volume": 66679852.35, "trend": 100.912924, "fair_value": 67.320405, "relative_strength": 47.103919, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 51.217502, "energy": 47.970519, "activity_lines": [ 130.020667, 130.617091, 120.506691, 112.144692 ] }, { "date": "2026-03-27", "close": 120.98, "volume": 125524859, "typical_volume": 70529036.95, "trend": 102.591166, "fair_value": 67.73084, "relative_strength": 42.778508, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 40.435039, "energy": 27.434867, "activity_lines": [ 125.686667, 129.319091, 121.456374, 113.439342 ] }, { "date": "2026-04-03", "close": 122.87, "volume": 110738654, "typical_volume": 73911143.6, "trend": 104.287106, "fair_value": 68.160905, "relative_strength": 38.467701, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 35.820947, "energy": 25.603897, "activity_lines": [ 123.376, 128.205455, 122.43738, 114.747654 ] }, { "date": "2026-04-10", "close": 138.73, "volume": 87851880, "typical_volume": 75805564.3, "trend": 106.347777, "fair_value": 68.672421, "relative_strength": 48.714428, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 54.605095, "energy": 31.648926, "activity_lines": [ 128.252, 129.886364, 124.782031, 116.969776 ] }, { "date": "2026-04-17", "close": 152.33, "volume": 77337729, "typical_volume": 78676713.45, "trend": 108.816479, "fair_value": 69.28179, "relative_strength": 53.815259, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 76.906077, "energy": 50.062431, "activity_lines": [ 136.861333, 133.743273, 128.176706, 119.936371 ] }, { "date": "2026-04-24", "close": 154.57, "volume": 74855150, "typical_volume": 81110196.9, "trend": 111.398305, "fair_value": 69.910826, "relative_strength": 52.796615, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 76.789868, "energy": 65.208006, "activity_lines": [ 144.338667, 137.505273, 131.48242, 122.888211 ] }, { "date": "2026-05-01", "close": 162.0, "volume": 61913202, "typical_volume": 82440323.9, "trend": 114.065492, "fair_value": 70.582004, "relative_strength": 56.022488, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 79.534822, "energy": 84.46521, "activity_lines": [ 152.373333, 142.243636, 135.198762, 126.152836 ] }, { "date": "2026-05-08", "close": 190.2, "volume": 96156311, "typical_volume": 85627678.45, "trend": 117.77469, "fair_value": 71.447786, "relative_strength": 75.299792, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 92.186628, "energy": 95.635027, "activity_lines": [ 167.073333, 151.743455, 141.260857, 131.06474 ] }, { "date": "2026-05-15", "close": 178.86, "volume": 107155178, "typical_volume": 90175662.4, "trend": 120.851674, "fair_value": 72.224298, "relative_strength": 61.460145, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 76.406481, "energy": 89.863067, "activity_lines": [ 173.504667, 158.475455, 145.77219, 135.005728 ] }, { "date": "2026-05-22", "close": 182.03, "volume": 83433324, "typical_volume": 93090954.55, "trend": 123.919275, "fair_value": 73.014869, "relative_strength": 59.951868, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 73.94422, "energy": 87.899868, "activity_lines": [ 178.317333, 164.836, 150.190095, 138.952717 ] }, { "date": "2026-05-29", "close": 205.83, "volume": 66069406, "typical_volume": 94287916.9, "trend": 127.618881, "fair_value": 73.945719, "relative_strength": 74.527293, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 88.199011, "energy": 92.459678, "activity_lines": [ 189.083333, 174.471455, 156.494619, 144.23728 ] }, { "date": "2026-06-05", "close": 175.19, "volume": 116909245, "typical_volume": 98076883.0, "trend": 130.46663, "fair_value": 74.671094, "relative_strength": 49.967797, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.314859, "energy": 62.634318, "activity_lines": [ 186.218667, 177.080545, 159.419429, 147.306384 ] }, { "date": "2026-06-12", "close": 197.45, "volume": 130196513, "typical_volume": 102913192.55, "trend": 133.98044, "fair_value": 75.540355, "relative_strength": 64.938539, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 74.95229, "energy": 64.022844, "activity_lines": [ 189.894667, 182.751273, 164.164381, 151.627892 ] }, { "date": "2026-06-19", "close": 219.2, "volume": 73190050, "typical_volume": 103657282.2, "trend": 138.379276, "fair_value": 76.567943, "relative_strength": 77.63061, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 85.407708, "energy": 69.923746, "activity_lines": [ 200.337333, 191.020545, 170.602286, 157.125928 ] }, { "date": "2026-06-26", "close": 197.28, "volume": 113539619, "typical_volume": 105443232.65, "trend": 141.993669, "fair_value": 77.4546, "relative_strength": 60.82379, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.298923, "energy": 56.691217, "activity_lines": [ 200.784, 193.841273, 174.491667, 160.925975 ] }, { "date": "2026-07-03", "close": 180.14, "volume": 90353052, "typical_volume": 106744610.0, "trend": 144.924939, "fair_value": 78.232817, "relative_strength": 41.682315, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 59.97159, "energy": 49.189763, "activity_lines": [ 194.500667, 192.728364, 176.403095, 163.387028 ] }, { "date": "2026-07-10", "close": 183.52, "volume": 104090960, "typical_volume": 108891300.15, "trend": 148.022, "fair_value": 79.008608, "relative_strength": 40.371199, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 46.613512, "energy": 38.347601, "activity_lines": [ 191.056667, 191.765091, 178.416571, 165.877032 ] }, { "date": "2026-07-17", "close": 162.54, "volume": 155929179, "typical_volume": 111060230.15, "trend": 150.395333, "fair_value": 79.65677, "relative_strength": 24.823669, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 30.285239, "energy": 20.456512, "activity_lines": [ 180.064, 186.596, 178.233667, 166.813677 ] }, { "date": "2026-07-24", "close": 162.96, "volume": 92732154, "typical_volume": 102185585.65, "trend": 152.632667, "fair_value": 80.298918, "relative_strength": 24.42403, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 19.366862, "energy": 21.581632, "activity_lines": [ 171.538667, 182.006182, 178.037571, 167.624301 ] }, { "date": "2026-07-31", "close": 157.1, "volume": 187058704, "typical_volume": 103416472.15, "trend": 154.462, "fair_value": 80.919364, "relative_strength": 17.401323, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -0.344099, "energy": 16.129265, "activity_lines": [ 164.809333, 176.64, 177.110857, 167.912516 ] }, { "date": "2026-08-07", "close": 166.09, "volume": 92465899, "typical_volume": 102375053.4, "trend": 156.368667, "fair_value": 81.607636, "relative_strength": 18.626066, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 4.75813, "energy": 19.228785, "activity_lines": [ 163.755333, 173.361636, 176.883429, 168.66271 ] } ], "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." } } }