{ "ticker": { "uuid": "d24b05d8-78ee-44f0-84d4-9ab6e17594b7", "symbol": "LDSF", "name": "FIRST TRUST LOW DURATION STRATEGIC FOCUS 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": 3, "stage_name": "Distribution", "phase": "3a", "phase_label": "Stage 3A \u00b7 Churning", "transition": "stage_3_churning", "transition_label": "Stage 3 range intact", "confidence": 72.342, "architecture_regime": "balance", "architecture_regime_label": "Balance", "architecture_modifier": "Upper balance after advance", "architecture_gate": "down", "architecture_direction": -11.025, "architecture_energy": 4.366, "architecture_maturity": 36.7, "architecture_confidence": 59.26, "architecture_tenure": "Established", "architecture": { "interpretation": { "headline": "Directional pressure has compressed into balance.", "body": "Trend and Activity are compressed into balance, so neither side has durable control. Prior structure and the next directional change provide context; balance alone is not assumed to be a base." }, "scores": { "balance": 64.28, "rotation_up": 20.67, "upward_expansion": 25.79, "deceleration": 35.83, "rotation_down": 38.21, "downward_expansion": 52.46 }, "activity_lines": [ 18.829169, 18.826525, 18.829433, 18.827864 ], "activity_state": "Compressed", "activity_direction": "Stable", "rotation_direction": "Stable", "price_acceptance": -0.333333 }, "latest_close": 18.88, "trend_reference": 18.833797, "distance_from_trend": 0.002453, "trend_direction": "Improving", "fair_value": 17.769832, "distance_from_fair_value": 0.062475, "fair_value_direction": "Weakening", "relative_strength": -12.073188, "relative_strength_direction": "Improving", "price_momentum": 0.000645, "excess_performance": -0.186809, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.002453, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.001845, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.062475, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.012509, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.120732, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.036049, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.000645, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 1.24474, "read": "Demand-led" } ], "volume": { "latest": 88303, "relative_activity": 0.721957, "balance": 1.24474, "dry_up": 0.810654, "accumulation_observations": 1, "distribution_observations": 2 }, "risk": { "range_context": 0.006718, "annualized_volatility": 0.026894, "from_high_reference": -0.02484, "from_low_reference": 0.037404 }, "levels": { "trend_reference": 18.833797, "fair_value_reference": 17.769832, "structural_low": 18.624068, "invalidation": "A decisive breakout above range resistance with renewed RS leadership invalidates the distribution reading; a range-low break confirms deterioration." }, "outcomes": [ { "horizon": "Near term", "sample_count": 15, "median_return": -0.000248, "positive_rate": 0.466667, "directional_follow_through": 0.466667, "median_excess_return": -0.00039, "regime_survival": 0.733333, "best_return": 0.015992, "worst_return": -0.018951, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 6, "median_return": -0.000982, "positive_rate": 0.333333, "directional_follow_through": 0.333333, "median_excess_return": -0.024835, "regime_survival": 0.333333, "best_return": 0.042791, "worst_return": -0.02037, "sufficient": true }, { "horizon": "Extended", "sample_count": 4, "median_return": 0.014769, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": -0.05074, "regime_survival": 0.0, "best_return": 0.05124, "worst_return": -0.006264, "sufficient": false }, { "horizon": "Full cycle", "sample_count": 4, "median_return": 0.037724, "positive_rate": 0.75, "directional_follow_through": 0.75, "median_excess_return": -0.114978, "regime_survival": 0.0, "best_return": 0.094594, "worst_return": -0.053372, "sufficient": false } ], "ledger": [ { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2023-02-24", "end": "2023-03-03", "tenure": "New", "return": -0.000271, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2023-03-10", "end": "2023-03-24", "tenure": "New", "return": 0.012825, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2023-03-31", "end": "2023-06-02", "tenure": "Developing", "return": 0.003499, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2023-06-09", "end": "2023-09-01", "tenure": "Established", "return": 0.010188, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2023-09-08", "end": "2023-09-29", "tenure": "New", "return": -0.004059, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2023-10-06", "end": "2023-11-24", "tenure": "Developing", "return": 0.021317, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2023-12-01", "end": "2024-10-25", "tenure": "Extended", "return": 0.057067, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-11-01", "end": "2024-12-13", "tenure": "Developing", "return": 0.007933, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-12-20", "end": "2024-12-27", "tenure": "New", "return": -0.000533, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-01-03", "end": "2025-02-14", "tenure": "Developing", "return": 0.009439, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-02-21", "end": "2025-04-11", "tenure": "Developing", "return": -0.004712, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-04-18", "end": "2025-05-02", "tenure": "New", "return": 0.00601, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-05-09", "end": "2026-04-03", "tenure": "Extended", "return": 0.047036, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-04-10", "end": "2026-08-07", "tenure": "Established", "return": 0.001734, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 16.198301, "volume": 175123, "typical_volume": 275077.65, "trend": 16.161027, "fair_value": 16.399901, "relative_strength": -13.321665, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 47.986069, "energy": 25.47031, "activity_lines": [ 16.231899, 16.225033, 16.213741, 16.195475 ] }, { "date": "2023-08-25", "close": 16.253472, "volume": 162096, "typical_volume": 279066.0, "trend": 16.166733, "fair_value": 16.397938, "relative_strength": -14.182801, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 51.29879, "energy": 24.8205, "activity_lines": [ 16.235875, 16.231867, 16.217783, 16.201439 ] }, { "date": "2023-09-01", "close": 16.332844, "volume": 188852, "typical_volume": 280704.25, "trend": 16.173074, "fair_value": 16.396197, "relative_strength": -16.513791, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 64.323416, "energy": 33.100567, "activity_lines": [ 16.266732, 16.252531, 16.229184, 16.212156 ] }, { "date": "2023-09-08", "close": 16.297567, "volume": 108116, "typical_volume": 277074.75, "trend": 16.180537, "fair_value": 16.39423, "relative_strength": -15.29795, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 55.73448, "energy": 33.718343, "activity_lines": [ 16.280646, 16.264422, 16.236587, 16.220188 ] }, { "date": "2023-09-15", "close": 16.297567, "volume": 316313, "typical_volume": 287513.25, "trend": 16.190585, "fair_value": 16.392316, "relative_strength": -14.53007, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 55.231991, "energy": 46.203255, "activity_lines": [ 16.292125, 16.273676, 16.243507, 16.227738 ] }, { "date": "2023-09-22", "close": 16.236099, "volume": 161292, "typical_volume": 272674.4, "trend": 16.199675, "fair_value": 16.390287, "relative_strength": -11.506487, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 51.149861, "energy": 35.237633, "activity_lines": [ 16.278842, 16.268161, 16.244318, 16.230674 ] }, { "date": "2023-09-29", "close": 16.231408, "volume": 230741, "typical_volume": 265812.6, "trend": 16.208753, "fair_value": 16.387967, "relative_strength": -11.165134, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 35.841546, "energy": 17.798093, "activity_lines": [ 16.261474, 16.262503, 16.244805, 16.232722 ] }, { "date": "2023-10-06", "close": 16.125205, "volume": 113709, "typical_volume": 262672.9, "trend": 16.213714, "fair_value": 16.385059, "relative_strength": -12.831281, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -12.248313, "energy": 13.551677, "activity_lines": [ 16.210177, 16.238052, 16.235363, 16.227331 ] }, { "date": "2023-10-13", "close": 16.213708, "volume": 90207, "typical_volume": 260808.4, "trend": 16.218167, "fair_value": 16.382758, "relative_strength": -11.962226, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -7.801993, "energy": 16.521977, "activity_lines": [ 16.202223, 16.232054, 16.234544, 16.227331 ] }, { "date": "2023-10-20", "close": 16.063253, "volume": 149194, "typical_volume": 254968.6, "trend": 16.214234, "fair_value": 16.379148, "relative_strength": -9.755972, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -35.683332, "energy": 44.68075, "activity_lines": [ 16.149708, 16.199561, 16.219013, 16.217336 ] }, { "date": "2023-10-27", "close": 16.110282, "volume": 236276, "typical_volume": 253052.35, "trend": 16.212735, "fair_value": 16.376387, "relative_strength": -6.7182, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -62.686373, "energy": 62.98115, "activity_lines": [ 16.128491, 16.178714, 16.208667, 16.21063 ] }, { "date": "2023-11-03", "close": 16.350204, "volume": 258475, "typical_volume": 257707.65, "trend": 16.217355, "fair_value": 16.374434, "relative_strength": -10.585706, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 12.16287, "energy": 10.954209, "activity_lines": [ 16.195635, 16.203089, 16.221447, 16.219499 ] }, { "date": "2023-11-10", "close": 16.293244, "volume": 149330, "typical_volume": 261564.45, "trend": 16.22051, "fair_value": 16.37201, "relative_strength": -13.005578, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 19.461685, "energy": 8.924805, "activity_lines": [ 16.235873, 16.215349, 16.228185, 16.224395 ] }, { "date": "2023-11-17", "close": 16.410895, "volume": 260189, "typical_volume": 223725.6, "trend": 16.22767, "fair_value": 16.370262, "relative_strength": -13.671704, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 67.604906, "energy": 42.565037, "activity_lines": [ 16.304125, 16.24972, 16.245698, 16.236678 ] }, { "date": "2023-11-24", "close": 16.468939, "volume": 66088, "typical_volume": 217560.3, "trend": 16.235158, "fair_value": 16.368699, "relative_strength": -13.69088, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 73.885872, "energy": 63.888814, "activity_lines": [ 16.37858, 16.292584, 16.267508, 16.252244 ] }, { "date": "2023-12-01", "close": 16.611682, "volume": 186411, "typical_volume": 219782.0, "trend": 16.246825, "fair_value": 16.367902, "relative_strength": -12.61911, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 85.340892, "energy": 85.607791, "activity_lines": [ 16.47357, 16.358286, 16.301156, 16.276535 ] }, { "date": "2023-12-08", "close": 16.615607, "volume": 212198, "typical_volume": 215244.0, "trend": 16.258332, "fair_value": 16.367252, "relative_strength": -12.599404, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 82.346714, "energy": 88.735431, "activity_lines": [ 16.536441, 16.417872, 16.333575, 16.300328 ] }, { "date": "2023-12-15", "close": 16.794571, "volume": 156339, "typical_volume": 195831.85, "trend": 16.279285, "fair_value": 16.367383, "relative_strength": -13.942165, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 90.499845, "energy": 95.150246, "activity_lines": [ 16.641273, 16.503012, 16.381345, 16.334924 ] }, { "date": "2023-12-22", "close": 16.828562, "volume": 108391, "typical_volume": 186708.65, "trend": 16.302463, "fair_value": 16.367682, "relative_strength": -13.938298, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 85.545464, "energy": 93.961731, "activity_lines": [ 16.724015, 16.582162, 16.429782, 16.370361 ] }, { "date": "2023-12-29", "close": 16.878627, "volume": 240844, "typical_volume": 178509.2, "trend": 16.324692, "fair_value": 16.368142, "relative_strength": -13.317087, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 82.990476, "energy": 93.034128, "activity_lines": [ 16.795599, 16.659235, 16.480285, 16.407533 ] }, { "date": "2024-01-05", "close": 16.815217, "volume": 180685, "typical_volume": 178787.3, "trend": 16.346262, "fair_value": 16.368038, "relative_strength": -10.2331, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 68.13419, "energy": 87.248134, "activity_lines": [ 16.818735, 16.709954, 16.521677, 16.43918 ] }, { "date": "2024-01-12", "close": 16.923407, "volume": 512288, "typical_volume": 196296.9, "trend": 16.369692, "fair_value": 16.368417, "relative_strength": -11.901123, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 78.087148, "energy": 88.447338, "activity_lines": [ 16.864365, 16.767528, 16.570435, 16.476415 ] }, { "date": "2024-01-19", "close": 16.828562, "volume": 657615, "typical_volume": 219735.05, "trend": 16.390543, "fair_value": 16.368374, "relative_strength": -14.200802, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.083885, "energy": 70.794481, "activity_lines": [ 16.85786, 16.797434, 16.60697, 16.50602 ] }, { "date": "2024-01-26", "close": 16.872211, "volume": 629030, "typical_volume": 245780.75, "trend": 16.414532, "fair_value": 16.369005, "relative_strength": -13.984669, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.745951, "energy": 64.281661, "activity_lines": [ 16.863639, 16.825544, 16.645302, 16.537095 ] }, { "date": "2024-02-02", "close": 16.908256, "volume": 158211, "typical_volume": 237875.65, "trend": 16.441475, "fair_value": 16.369481, "relative_strength": -14.359144, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 71.044401, "energy": 65.871912, "activity_lines": [ 16.878523, 16.85182, 16.68433, 16.568948 ] }, { "date": "2024-02-09", "close": 16.881289, "volume": 411975, "typical_volume": 250409.8, "trend": 16.46168, "fair_value": 16.369697, "relative_strength": -15.525872, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.655527, "energy": 60.535892, "activity_lines": [ 16.882442, 16.865205, 16.717881, 16.597323 ] }, { "date": "2024-02-16", "close": 16.830322, "volume": 367500, "typical_volume": 257247.75, "trend": 16.480696, "fair_value": 16.369743, "relative_strength": -13.992797, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.782496, "energy": 57.265386, "activity_lines": [ 16.864968, 16.864422, 16.743507, 16.621106 ] }, { "date": "2024-02-23", "close": 16.866317, "volume": 155220, "typical_volume": 259323.3, "trend": 16.501071, "fair_value": 16.370758, "relative_strength": -14.438385, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 51.768447, "energy": 50.822302, "activity_lines": [ 16.865698, 16.866279, 16.769708, 16.645985 ] }, { "date": "2024-03-01", "close": 16.91648, "volume": 120145, "typical_volume": 260820.2, "trend": 16.522918, "fair_value": 16.37214, "relative_strength": -15.319394, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 69.619763, "energy": 56.492377, "activity_lines": [ 16.880631, 16.875952, 16.797158, 16.672786 ] }, { "date": "2024-03-08", "close": 16.979635, "volume": 197450, "typical_volume": 263233.0, "trend": 16.547791, "fair_value": 16.373882, "relative_strength": -13.090869, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 75.496558, "energy": 59.366129, "activity_lines": [ 16.913665, 16.89551, 16.827276, 16.702251 ] }, { "date": "2024-03-15", "close": 16.898436, "volume": 80466, "typical_volume": 255442.5, "trend": 16.571129, "fair_value": 16.37542, "relative_strength": -11.954217, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.150223, "energy": 55.29918, "activity_lines": [ 16.914874, 16.898467, 16.845297, 16.724874 ] }, { "date": "2024-03-22", "close": 16.97862, "volume": 68588, "typical_volume": 245948.15, "trend": 16.595301, "fair_value": 16.377182, "relative_strength": -13.579521, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 71.362654, "energy": 59.866938, "activity_lines": [ 16.941668, 16.914491, 16.867201, 16.751163 ] }, { "date": "2024-03-29", "close": 16.981518, "volume": 92457, "typical_volume": 243104.5, "trend": 16.616923, "fair_value": 16.378803, "relative_strength": -12.628939, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 69.166019, "energy": 58.469927, "activity_lines": [ 16.959542, 16.930037, 16.886389, 16.776081 ] }, { "date": "2024-04-05", "close": 16.951455, "volume": 160097, "typical_volume": 238099.9, "trend": 16.638719, "fair_value": 16.380206, "relative_strength": -11.584444, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 54.056089, "energy": 35.788782, "activity_lines": [ 16.959714, 16.937336, 16.899437, 16.797663 ] }, { "date": "2024-04-12", "close": 16.843516, "volume": 172149, "typical_volume": 243402.95, "trend": 16.656918, "fair_value": 16.380731, "relative_strength": -11.206061, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 40.023039, "energy": 25.666952, "activity_lines": [ 16.921575, 16.92357, 16.89963, 16.810876 ] }, { "date": "2024-04-19", "close": 16.78846, "volume": 78843, "typical_volume": 238024.55, "trend": 16.67533, "fair_value": 16.380904, "relative_strength": -5.995048, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 27.629572, "energy": 13.86493, "activity_lines": [ 16.874159, 16.90097, 16.892796, 16.819363 ] }, { "date": "2024-04-26", "close": 16.847771, "volume": 71740, "typical_volume": 231001.65, "trend": 16.695875, "fair_value": 16.381589, "relative_strength": -8.76885, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 27.824894, "energy": 15.762225, "activity_lines": [ 16.853845, 16.890842, 16.890769, 16.830488 ] }, { "date": "2024-05-03", "close": 16.956818, "volume": 138868, "typical_volume": 230128.1, "trend": 16.723595, "fair_value": 16.382443, "relative_strength": -8.640748, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 35.333384, "energy": 17.350664, "activity_lines": [ 16.878603, 16.900223, 16.898022, 16.847323 ] }, { "date": "2024-05-10", "close": 16.948094, "volume": 2651676, "typical_volume": 357292.35, "trend": 16.748075, "fair_value": 16.383586, "relative_strength": -9.555054, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 35.672314, "energy": 15.166202, "activity_lines": [ 16.902099, 16.906373, 16.903672, 16.861807 ] }, { "date": "2024-05-17", "close": 17.002254, "volume": 56263, "typical_volume": 348063.3, "trend": 16.779375, "fair_value": 16.384917, "relative_strength": -10.780126, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 51.978103, "energy": 27.449613, "activity_lines": [ 16.943873, 16.921795, 16.91391, 16.878205 ] }, { "date": "2024-05-24", "close": 16.976307, "volume": 86038, "typical_volume": 343330.95, "trend": 16.808243, "fair_value": 16.386135, "relative_strength": -11.736332, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 49.249306, "energy": 32.346248, "activity_lines": [ 16.966416, 16.932088, 16.921089, 16.890911 ] }, { "date": "2024-05-31", "close": 17.01634, "volume": 58317, "typical_volume": 320632.4, "trend": 16.830447, "fair_value": 16.387344, "relative_strength": -9.765654, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 54.461005, "energy": 38.025918, "activity_lines": [ 16.98978, 16.948244, 16.931313, 16.904336 ] }, { "date": "2024-06-07", "close": 17.052817, "volume": 175213, "typical_volume": 296512.3, "trend": 16.855766, "fair_value": 16.38868, "relative_strength": -11.596101, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 58.322423, "energy": 43.776493, "activity_lines": [ 17.014065, 16.970347, 16.944569, 16.918683 ] }, { "date": "2024-06-14", "close": 17.13033, "volume": 167853, "typical_volume": 273453.45, "trend": 16.879747, "fair_value": 16.390777, "relative_strength": -13.858925, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.883453, "energy": 48.108251, "activity_lines": [ 17.057787, 17.005246, 16.964139, 16.936397 ] }, { "date": "2024-06-21", "close": 17.12577, "volume": 179499, "typical_volume": 274517.85, "trend": 16.901642, "fair_value": 16.39298, "relative_strength": -13.688886, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.039878, "energy": 51.267933, "activity_lines": [ 17.087841, 17.036064, 16.982045, 16.952269 ] }, { "date": "2024-06-28", "close": 17.111836, "volume": 104031, "typical_volume": 259120.65, "trend": 16.918314, "fair_value": 16.394987, "relative_strength": -13.370672, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 58.721789, "energy": 49.69192, "activity_lines": [ 17.105015, 17.059217, 16.997589, 16.96583 ] }, { "date": "2024-07-05", "close": 17.1762, "volume": 84179, "typical_volume": 244954.6, "trend": 16.937, "fair_value": 16.397406, "relative_strength": -15.653477, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 73.870271, "energy": 76.05919, "activity_lines": [ 17.134609, 17.088193, 17.018165, 16.982468 ] }, { "date": "2024-07-12", "close": 17.276912, "volume": 314244, "typical_volume": 252905.8, "trend": 16.953078, "fair_value": 16.400365, "relative_strength": -14.596421, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 83.297468, "energy": 82.872507, "activity_lines": [ 17.187116, 17.129508, 17.046685, 17.004398 ] }, { "date": "2024-07-19", "close": 17.273707, "volume": 779908, "typical_volume": 285893.95, "trend": 16.967916, "fair_value": 16.403304, "relative_strength": -10.790537, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 78.11564, "energy": 84.456588, "activity_lines": [ 17.223615, 17.164421, 17.072945, 17.025083 ] }, { "date": "2024-07-26", "close": 17.308185, "volume": 185970, "typical_volume": 285319.95, "trend": 16.982235, "fair_value": 16.40641, "relative_strength": -8.013534, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 77.798169, "energy": 86.454943, "activity_lines": [ 17.262048, 17.199682, 17.100787, 17.047036 ] }, { "date": "2024-08-02", "close": 17.446618, "volume": 129865, "typical_volume": 287789.9, "trend": 17.003281, "fair_value": 16.41059, "relative_strength": -4.106812, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 89.533712, "energy": 94.147024, "activity_lines": [ 17.334465, 17.254551, 17.140249, 17.076996 ] }, { "date": "2024-08-09", "close": 17.41417, "volume": 128915, "typical_volume": 290806.25, "trend": 17.01964, "fair_value": 16.414535, "relative_strength": -4.367224, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 77.303242, "energy": 88.839534, "activity_lines": [ 17.373747, 17.294969, 17.17401, 17.103505 ] }, { "date": "2024-08-16", "close": 17.479158, "volume": 71464, "typical_volume": 289756.6, "trend": 17.041327, "fair_value": 16.419003, "relative_strength": -8.605071, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 81.754614, "energy": 90.763953, "activity_lines": [ 17.418827, 17.33997, 17.211887, 17.133152 ] }, { "date": "2024-08-23", "close": 17.552752, "volume": 513435, "typical_volume": 307423.5, "trend": 17.064011, "fair_value": 16.423703, "relative_strength": -8.805106, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 83.585884, "energy": 90.040712, "activity_lines": [ 17.474955, 17.390599, 17.254403, 17.166147 ] }, { "date": "2024-08-30", "close": 17.554414, "volume": 93634, "typical_volume": 303497.75, "trend": 17.08555, "fair_value": 16.428441, "relative_strength": -7.786075, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 77.582593, "energy": 83.359358, "activity_lines": [ 17.513034, 17.433851, 17.294214, 17.197786 ] }, { "date": "2024-09-06", "close": 17.640883, "volume": 78595, "typical_volume": 303485.35, "trend": 17.11087, "fair_value": 16.433625, "relative_strength": -1.411481, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 84.477656, "energy": 89.353131, "activity_lines": [ 17.563521, 17.48503, 17.338874, 17.233614 ] }, { "date": "2024-09-13", "close": 17.690809, "volume": 1373975, "typical_volume": 368597.1, "trend": 17.139553, "fair_value": 16.439077, "relative_strength": -6.357702, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 84.425254, "energy": 90.416008, "activity_lines": [ 17.617699, 17.535668, 17.384231, 17.271029 ] }, { "date": "2024-09-20", "close": 17.746179, "volume": 44804, "typical_volume": 363893.9, "trend": 17.168881, "fair_value": 16.445183, "relative_strength": -7.05009, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 84.469296, "energy": 91.800958, "activity_lines": [ 17.671891, 17.587017, 17.430846, 17.310166 ] }, { "date": "2024-09-27", "close": 17.753095, "volume": 80921, "typical_volume": 235356.15, "trend": 17.196769, "fair_value": 16.451279, "relative_strength": -7.556063, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 78.745165, "energy": 88.756242, "activity_lines": [ 17.710587, 17.631091, 17.474361, 17.347857 ] }, { "date": "2024-10-04", "close": 17.650553, "volume": 119495, "typical_volume": 238517.75, "trend": 17.219133, "fair_value": 16.456772, "relative_strength": -7.824703, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.791078, "energy": 69.090739, "activity_lines": [ 17.701746, 17.647805, 17.504277, 17.377134 ] }, { "date": "2024-10-11", "close": 17.636936, "volume": 64180, "typical_volume": 237424.85, "trend": 17.243749, "fair_value": 16.462178, "relative_strength": -8.623505, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.582541, "energy": 64.710583, "activity_lines": [ 17.681956, 17.655818, 17.529809, 17.404089 ] }, { "date": "2024-10-18", "close": 17.641567, "volume": 166061, "typical_volume": 242812.05, "trend": 17.265847, "fair_value": 16.467977, "relative_strength": -8.357276, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.013504, "energy": 58.668149, "activity_lines": [ 17.663974, 17.661213, 17.552636, 17.429754 ] }, { "date": "2024-10-25", "close": 17.559663, "volume": 130230, "typical_volume": 240562.9, "trend": 17.285119, "fair_value": 16.473144, "relative_strength": -8.418003, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 46.501923, "energy": 41.283561, "activity_lines": [ 17.621973, 17.647582, 17.564685, 17.44871 ] }, { "date": "2024-11-01", "close": 17.508893, "volume": 64992, "typical_volume": 235419.85, "trend": 17.3037, "fair_value": 16.477771, "relative_strength": -6.794925, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 39.337687, "energy": 27.70786, "activity_lines": [ 17.575483, 17.623256, 17.569486, 17.463147 ] }, { "date": "2024-11-08", "close": 17.606155, "volume": 360268, "typical_volume": 244458.3, "trend": 17.329122, "fair_value": 16.483236, "relative_strength": -10.74038, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 35.757496, "energy": 24.387221, "activity_lines": [ 17.577694, 17.617412, 17.581747, 17.482661 ] }, { "date": "2024-11-15", "close": 17.524236, "volume": 91343, "typical_volume": 243823.9, "trend": 17.353647, "fair_value": 16.488497, "relative_strength": -7.664478, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 30.076368, "energy": 23.73784, "activity_lines": [ 17.555558, 17.595732, 17.583918, 17.495249 ] }, { "date": "2024-11-22", "close": 17.561912, "volume": 88278, "typical_volume": 244028.85, "trend": 17.377452, "fair_value": 16.494219, "relative_strength": -8.792554, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 19.72503, "energy": 17.492984, "activity_lines": [ 17.553495, 17.583024, 17.587714, 17.508685 ] }, { "date": "2024-11-29", "close": 17.67392, "volume": 76730, "typical_volume": 232153.15, "trend": 17.401356, "fair_value": 16.500444, "relative_strength": -8.542361, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 51.133695, "energy": 29.745712, "activity_lines": [ 17.594077, 17.593024, 17.600341, 17.527812 ] }, { "date": "2024-12-06", "close": 17.706589, "volume": 93925, "typical_volume": 197854.0, "trend": 17.426639, "fair_value": 16.506718, "relative_strength": -10.878611, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 55.25328, "energy": 36.650232, "activity_lines": [ 17.637933, 17.610278, 17.614188, 17.547504 ] }, { "date": "2024-12-13", "close": 17.647785, "volume": 330250, "typical_volume": 205068.0, "trend": 17.448156, "fair_value": 16.512508, "relative_strength": -11.471341, "stage": 3, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 42.401327, "energy": 35.022099, "activity_lines": [ 17.649007, 17.617686, 17.620374, 17.561772 ] }, { "date": "2024-12-20", "close": 17.577512, "volume": 366377, "typical_volume": 216893.6, "trend": 17.468197, "fair_value": 16.51796, "relative_strength": -9.457498, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 40.02089, "energy": 31.250801, "activity_lines": [ 17.633881, 17.612367, 17.61825, 17.570117 ] }, { "date": "2024-12-27", "close": 17.568142, "volume": 115879, "typical_volume": 216241.8, "trend": 17.48659, "fair_value": 16.523137, "relative_strength": -9.962172, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 31.623327, "energy": 20.090513, "activity_lines": [ 17.612081, 17.606425, 17.61461, 17.576566 ] }, { "date": "2025-01-03", "close": 17.582572, "volume": 151720, "typical_volume": 220254.6, "trend": 17.504248, "fair_value": 16.528836, "relative_strength": -8.786587, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 17.814294, "energy": 9.548601, "activity_lines": [ 17.594675, 17.604441, 17.611612, 17.582758 ] }, { "date": "2025-01-10", "close": 17.521669, "volume": 56752, "typical_volume": 197420.45, "trend": 17.517293, "fair_value": 16.534306, "relative_strength": -6.722508, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 0.838173, "energy": 10.381187, "activity_lines": [ 17.563058, 17.590968, 17.60232, 17.583882 ] }, { "date": "2025-01-17", "close": 17.623798, "volume": 125195, "typical_volume": 198998.5, "trend": 17.533894, "fair_value": 16.540444, "relative_strength": -8.490502, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 15.995029, "energy": 11.581293, "activity_lines": [ 17.577812, 17.595832, 17.602904, 17.590753 ] }, { "date": "2025-01-24", "close": 17.65447, "volume": 89978, "typical_volume": 199567.65, "trend": 17.551982, "fair_value": 16.547182, "relative_strength": -9.379912, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 26.754594, "energy": 10.255879, "activity_lines": [ 17.604389, 17.605951, 17.606078, 17.598532 ] }, { "date": "2025-01-31", "close": 17.701498, "volume": 106599, "typical_volume": 136198.85, "trend": 17.569492, "fair_value": 16.554222, "relative_strength": -7.583597, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 53.713718, "energy": 28.50215, "activity_lines": [ 17.641512, 17.622253, 17.613666, 17.608178 ] }, { "date": "2025-02-07", "close": 17.697171, "volume": 223517, "typical_volume": 145134.5, "trend": 17.5835, "fair_value": 16.561341, "relative_strength": -7.474348, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 55.991373, "energy": 41.267616, "activity_lines": [ 17.668301, 17.63523, 17.620791, 17.616416 ] }, { "date": "2025-02-14", "close": 17.748526, "volume": 783714, "typical_volume": 180274.15, "trend": 17.599328, "fair_value": 16.568883, "relative_strength": -9.530441, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 65.100133, "energy": 59.43427, "activity_lines": [ 17.70457, 17.657122, 17.63304, 17.627063 ] }, { "date": "2025-02-21", "close": 17.769219, "volume": 159591, "typical_volume": 182278.95, "trend": 17.614695, "fair_value": 16.576774, "relative_strength": -7.098533, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 68.209814, "energy": 65.968022, "activity_lines": [ 17.732612, 17.682014, 17.647282, 17.638023 ] }, { "date": "2025-02-28", "close": 17.882519, "volume": 218212, "typical_volume": 189980.55, "trend": 17.629226, "fair_value": 16.585391, "relative_strength": -3.057366, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 81.263152, "energy": 76.301154, "activity_lines": [ 17.788726, 17.725298, 17.67175, 17.655302 ] }, { "date": "2025-03-07", "close": 17.835311, "volume": 286823, "typical_volume": 196018.65, "trend": 17.643264, "fair_value": 16.594567, "relative_strength": 0.046944, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 68.92904, "energy": 72.571283, "activity_lines": [ 17.813901, 17.754453, 17.690551, 17.668598 ] }, { "date": "2025-03-14", "close": 17.825869, "volume": 113842, "typical_volume": 195199.25, "trend": 17.654821, "fair_value": 16.603844, "relative_strength": 2.632196, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.455269, "energy": 69.373311, "activity_lines": [ 17.827007, 17.777034, 17.707532, 17.680379 ] }, { "date": "2025-03-21", "close": 17.873738, "volume": 245221, "typical_volume": 204210.7, "trend": 17.66552, "fair_value": 16.613469, "relative_strength": 2.711978, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 69.231506, "energy": 70.607323, "activity_lines": [ 17.84749, 17.803894, 17.727803, 17.694503 ] }, { "date": "2025-03-28", "close": 17.856082, "volume": 383662, "typical_volume": 205380.4, "trend": 17.675576, "fair_value": 16.622872, "relative_strength": 5.083491, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 62.748658, "energy": 54.129695, "activity_lines": [ 17.853741, 17.821143, 17.744656, 17.706797 ] }, { "date": "2025-04-04", "close": 17.836558, "volume": 402348, "typical_volume": 220930.65, "trend": 17.682098, "fair_value": 16.632636, "relative_strength": 16.244833, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 59.243088, "energy": 44.2945, "activity_lines": [ 17.847692, 17.830619, 17.758458, 17.717183 ] }, { "date": "2025-04-11", "close": 17.685483, "volume": 295993, "typical_volume": 231316.4, "trend": 17.681921, "fair_value": 16.641405, "relative_strength": 7.197322, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 34.205484, "energy": 23.498361, "activity_lines": [ 17.794349, 17.809316, 17.756386, 17.717402 ] }, { "date": "2025-04-18", "close": 17.80822, "volume": 149993, "typical_volume": 234979.55, "trend": 17.683989, "fair_value": 16.651676, "relative_strength": 10.481892, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 36.224406, "energy": 19.909503, "activity_lines": [ 17.791907, 17.81062, 17.765415, 17.72555 ] }, { "date": "2025-04-25", "close": 17.910488, "volume": 59581, "typical_volume": 233262.35, "trend": 17.689235, "fair_value": 16.662656, "relative_strength": 4.503348, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 52.980708, "energy": 27.408045, "activity_lines": [ 17.824731, 17.8285, 17.783543, 17.740163 ] }, { "date": "2025-05-02", "close": 17.915245, "volume": 297319, "typical_volume": 231615.8, "trend": 17.698058, "fair_value": 16.674208, "relative_strength": 1.187446, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 59.976003, "energy": 33.368444, "activity_lines": [ 17.856691, 17.844299, 17.801154, 17.754744 ] }, { "date": "2025-05-09", "close": 17.943788, "volume": 206903, "typical_volume": 223642.1, "trend": 17.708287, "fair_value": 16.686537, "relative_strength": 1.624378, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 62.92558, "energy": 50.798733, "activity_lines": [ 17.89422, 17.862633, 17.82021, 17.770598 ] }, { "date": "2025-05-16", "close": 17.967573, "volume": 162591, "typical_volume": 225977.7, "trend": 17.719153, "fair_value": 16.69918, "relative_strength": -4.612437, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 64.04799, "energy": 61.783043, "activity_lines": [ 17.93253, 17.884177, 17.839786, 17.787326 ] }, { "date": "2025-05-23", "close": 17.945418, "volume": 242728, "typical_volume": 230528.1, "trend": 17.732012, "fair_value": 16.710649, "relative_strength": -2.327638, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 59.774083, "energy": 57.443498, "activity_lines": [ 17.944648, 17.899289, 17.855351, 17.801923 ] }, { "date": "2025-05-30", "close": 18.031757, "volume": 140640, "typical_volume": 234722.5, "trend": 17.749441, "fair_value": 16.722974, "relative_strength": -3.55676, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 71.130811, "energy": 63.013992, "activity_lines": [ 17.9764, 17.927925, 17.87741, 17.821262 ] }, { "date": "2025-06-06", "close": 17.993554, "volume": 141544, "typical_volume": 235539.95, "trend": 17.762354, "fair_value": 16.736041, "relative_strength": -5.567845, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 62.816465, "energy": 54.636498, "activity_lines": [ 17.987332, 17.946742, 17.893402, 17.837011 ] }, { "date": "2025-06-13", "close": 18.06996, "volume": 126932, "typical_volume": 237387.65, "trend": 17.780545, "fair_value": 16.75056, "relative_strength": -4.54867, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 71.113525, "energy": 55.115833, "activity_lines": [ 18.018513, 17.976951, 17.914911, 17.856857 ] }, { "date": "2025-06-20", "close": 18.117713, "volume": 141096, "typical_volume": 239112.5, "trend": 17.799072, "fair_value": 16.764817, "relative_strength": -4.196293, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 74.631882, "energy": 67.320928, "activity_lines": [ 18.0572, 18.011599, 17.938988, 17.878609 ] }, { "date": "2025-06-27", "close": 18.18646, "volume": 214925, "typical_volume": 238682.9, "trend": 17.816156, "fair_value": 16.779623, "relative_strength": -7.530414, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 77.346294, "energy": 70.756413, "activity_lines": [ 18.108793, 18.050888, 17.967631, 17.903602 ] }, { "date": "2025-07-04", "close": 18.196047, "volume": 85882, "typical_volume": 203791.3, "trend": 17.832472, "fair_value": 16.794327, "relative_strength": -8.731363, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 74.092711, "energy": 74.637026, "activity_lines": [ 18.147513, 18.085043, 17.994857, 17.928111 ] }, { "date": "2025-07-11", "close": 18.18646, "volume": 79647, "typical_volume": 199794.1, "trend": 17.850427, "fair_value": 16.809079, "relative_strength": -8.334107, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 69.30754, "energy": 76.060331, "activity_lines": [ 18.172084, 18.112263, 18.019039, 17.950949 ] }, { "date": "2025-07-18", "close": 18.201224, "volume": 360142, "typical_volume": 206890.6, "trend": 17.871218, "fair_value": 16.822825, "relative_strength": -9.212703, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 69.001063, "energy": 73.341262, "activity_lines": [ 18.188716, 18.137235, 18.04264, 17.973581 ] }, { "date": "2025-07-25", "close": 18.226689, "volume": 147507, "typical_volume": 199924.8, "trend": 17.893169, "fair_value": 16.8363, "relative_strength": -9.642668, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 70.633148, "energy": 70.983008, "activity_lines": [ 18.205085, 18.162158, 18.067149, 17.996515 ] }, { "date": "2025-08-01", "close": 18.289241, "volume": 76069, "typical_volume": 198036.15, "trend": 17.916725, "fair_value": 16.850394, "relative_strength": -6.982909, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 77.442068, "energy": 74.116217, "activity_lines": [ 18.23504, 18.193742, 18.095751, 18.022068 ] }, { "date": "2025-08-08", "close": 18.308488, "volume": 171277, "typical_volume": 194338.95, "trend": 17.942952, "fair_value": 16.863958, "relative_strength": -9.892601, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 76.305777, "energy": 74.289284, "activity_lines": [ 18.264559, 18.222574, 18.12398, 18.047343 ] }, { "date": "2025-08-15", "close": 18.346981, "volume": 55073, "typical_volume": 177909.5, "trend": 17.967058, "fair_value": 16.878476, "relative_strength": -9.883575, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 77.339437, "energy": 77.301186, "activity_lines": [ 18.299412, 18.253374, 18.153805, 18.073409 ] }, { "date": "2025-08-22", "close": 18.397208, "volume": 106904, "typical_volume": 163137.3, "trend": 17.991816, "fair_value": 16.893512, "relative_strength": -8.55872, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 79.354647, "energy": 80.993513, "activity_lines": [ 18.340307, 18.286879, 18.186075, 18.101161 ] }, { "date": "2025-08-29", "close": 18.440677, "volume": 171226, "typical_volume": 156898.95, "trend": 18.016456, "fair_value": 16.909202, "relative_strength": -7.851867, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 80.456444, "energy": 85.586152, "activity_lines": [ 18.382625, 18.322339, 18.219816, 18.13012 ] }, { "date": "2025-09-05", "close": 18.493806, "volume": 146753, "typical_volume": 156736.95, "trend": 18.04301, "fair_value": 16.925098, "relative_strength": -8.120094, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 82.039541, "energy": 86.895711, "activity_lines": [ 18.428387, 18.361586, 18.25502, 18.160916 ] }, { "date": "2025-09-12", "close": 18.527809, "volume": 109903, "typical_volume": 159253.05, "trend": 18.068986, "fair_value": 16.941897, "relative_strength": -9.322734, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 80.226182, "energy": 86.369462, "activity_lines": [ 18.471846, 18.401427, 18.290198, 18.192194 ] }, { "date": "2025-09-19", "close": 18.532446, "volume": 106979, "typical_volume": 149736.05, "trend": 18.094427, "fair_value": 16.95962, "relative_strength": -10.921946, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 74.57835, "energy": 79.013289, "activity_lines": [ 18.50223, 18.436079, 18.322879, 18.222094 ] }, { "date": "2025-09-26", "close": 18.517047, "volume": 76645, "typical_volume": 143223.15, "trend": 18.115578, "fair_value": 16.977954, "relative_strength": -10.316458, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.398334, "energy": 65.519259, "activity_lines": [ 18.515116, 18.461641, 18.351153, 18.24936 ] }, { "date": "2025-10-03", "close": 18.574842, "volume": 93876, "typical_volume": 139787.4, "trend": 18.140229, "fair_value": 16.996713, "relative_strength": -10.833847, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 74.544189, "energy": 66.046881, "activity_lines": [ 18.539277, 18.491969, 18.382202, 18.27899 ] }, { "date": "2025-10-10", "close": 18.536054, "volume": 164862, "typical_volume": 135894.1, "trend": 18.163902, "fair_value": 17.015497, "relative_strength": -8.726691, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.069791, "energy": 58.920413, "activity_lines": [ 18.541565, 18.508914, 18.406665, 18.304527 ] }, { "date": "2025-10-17", "close": 18.618479, "volume": 120270, "typical_volume": 134875.6, "trend": 18.188727, "fair_value": 17.035224, "relative_strength": -10.258927, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 74.093317, "energy": 61.027458, "activity_lines": [ 18.568512, 18.536358, 18.436166, 18.333855 ] }, { "date": "2025-10-24", "close": 18.640476, "volume": 183685, "typical_volume": 136982.65, "trend": 18.214873, "fair_value": 17.054217, "relative_strength": -11.802129, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 73.086344, "energy": 60.925401, "activity_lines": [ 18.596746, 18.562166, 18.464967, 18.363 ] }, { "date": "2025-10-31", "close": 18.610496, "volume": 278390, "typical_volume": 144555.55, "trend": 18.240671, "fair_value": 17.073564, "relative_strength": -13.301718, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.237336, "energy": 54.629655, "activity_lines": [ 18.607785, 18.577186, 18.487833, 18.388524 ] }, { "date": "2025-11-07", "close": 18.616141, "volume": 145978, "typical_volume": 144799.65, "trend": 18.271693, "fair_value": 17.091798, "relative_strength": -10.329231, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.499531, "energy": 52.742034, "activity_lines": [ 18.614475, 18.589355, 18.508662, 18.412748 ] }, { "date": "2025-11-14", "close": 18.616141, "volume": 113282, "typical_volume": 139717.5, "trend": 18.298624, "fair_value": 17.110141, "relative_strength": -9.950244, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 60.468921, "energy": 48.569482, "activity_lines": [ 18.618413, 18.598333, 18.527118, 18.43497 ] }, { "date": "2025-11-21", "close": 18.668218, "volume": 205117, "typical_volume": 145679.25, "trend": 18.323881, "fair_value": 17.12833, "relative_strength": -6.649936, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.869333, "energy": 50.451818, "activity_lines": [ 18.63437, 18.614556, 18.548488, 18.458815 ] }, { "date": "2025-11-28", "close": 18.730947, "volume": 128455, "typical_volume": 148119.65, "trend": 18.351071, "fair_value": 17.146262, "relative_strength": -10.515791, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 72.042709, "energy": 51.784942, "activity_lines": [ 18.667921, 18.639631, 18.573583, 18.485077 ] }, { "date": "2025-12-05", "close": 18.706129, "volume": 91352, "typical_volume": 134680.15, "trend": 18.376483, "fair_value": 17.164254, "relative_strength": -11.3275, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.398028, "energy": 48.768321, "activity_lines": [ 18.687167, 18.656585, 18.593722, 18.507984 ] }, { "date": "2025-12-12", "close": 18.717268, "volume": 125790, "typical_volume": 133594.3, "trend": 18.401473, "fair_value": 17.181908, "relative_strength": -9.408026, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.773266, "energy": 49.190521, "activity_lines": [ 18.703752, 18.672126, 18.612518, 18.529971 ] }, { "date": "2025-12-19", "close": 18.766991, "volume": 219518, "typical_volume": 140766.75, "trend": 18.428858, "fair_value": 17.200202, "relative_strength": -9.483228, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.120901, "energy": 51.434287, "activity_lines": [ 18.730168, 18.694118, 18.633712, 18.553552 ] }, { "date": "2025-12-26", "close": 18.790823, "volume": 144769, "typical_volume": 139441.35, "trend": 18.454161, "fair_value": 17.21909, "relative_strength": -10.288573, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 69.880385, "energy": 52.67809, "activity_lines": [ 18.754473, 18.716244, 18.654902, 18.576905 ] }, { "date": "2026-01-02", "close": 18.782193, "volume": 267994, "typical_volume": 150087.4, "trend": 18.480448, "fair_value": 17.237262, "relative_strength": -8.574412, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.905337, "energy": 52.309886, "activity_lines": [ 18.767726, 18.733668, 18.672973, 18.598068 ] }, { "date": "2026-01-09", "close": 18.834956, "volume": 314030, "typical_volume": 160443.7, "trend": 18.505948, "fair_value": 17.255166, "relative_strength": -10.05637, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 71.578457, "energy": 60.044385, "activity_lines": [ 18.795151, 18.758108, 18.693996, 18.62094 ] }, { "date": "2026-01-16", "close": 18.83986, "volume": 123268, "typical_volume": 158045.8, "trend": 18.53002, "fair_value": 17.272771, "relative_strength": -9.062803, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.889208, "energy": 59.25937, "activity_lines": [ 18.815623, 18.779359, 18.713402, 18.642482 ] }, { "date": "2026-01-23", "close": 18.862511, "volume": 131487, "typical_volume": 157282.5, "trend": 18.552555, "fair_value": 17.290593, "relative_strength": -8.998465, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.819154, "energy": 53.066797, "activity_lines": [ 18.835471, 18.80066, 18.733065, 18.663934 ] }, { "date": "2026-01-30", "close": 18.867434, "volume": 80891, "typical_volume": 155831.9, "trend": 18.574934, "fair_value": 17.30806, "relative_strength": -8.653857, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.110138, "energy": 53.575501, "activity_lines": [ 18.850593, 18.818377, 18.75144, 18.684248 ] }, { "date": "2026-02-06", "close": 18.867828, "volume": 160554, "typical_volume": 158510.65, "trend": 18.597647, "fair_value": 17.325971, "relative_strength": -6.655342, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.119204, "energy": 48.801305, "activity_lines": [ 18.860739, 18.832544, 18.768236, 18.703145 ] }, { "date": "2026-02-13", "close": 18.917051, "volume": 166409, "typical_volume": 162998.85, "trend": 18.621508, "fair_value": 17.344695, "relative_strength": -5.11538, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 69.6673, "energy": 50.975203, "activity_lines": [ 18.881583, 18.853172, 18.788123, 18.723751 ] }, { "date": "2026-02-20", "close": 18.935953, "volume": 116656, "typical_volume": 164137.85, "trend": 18.64515, "fair_value": 17.36375, "relative_strength": -5.94022, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.74175, "energy": 50.138415, "activity_lines": [ 18.903255, 18.873401, 18.807905, 18.744038 ] }, { "date": "2026-02-27", "close": 18.950382, "volume": 248245, "typical_volume": 168307.0, "trend": 18.667188, "fair_value": 17.382925, "relative_strength": -5.403996, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.235118, "energy": 47.352095, "activity_lines": [ 18.923331, 18.892278, 18.827341, 18.763731 ] }, { "date": "2026-03-06", "close": 18.850959, "volume": 193426, "typical_volume": 171964.8, "trend": 18.68527, "fair_value": 17.401352, "relative_strength": -4.437805, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 57.97105, "energy": 40.223652, "activity_lines": [ 18.904407, 18.889743, 18.835336, 18.775587 ] }, { "date": "2026-03-13", "close": 18.743233, "volume": 90059, "typical_volume": 167283.5, "trend": 18.698479, "fair_value": 17.418423, "relative_strength": -3.693386, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 33.236277, "energy": 21.156482, "activity_lines": [ 18.850674, 18.866529, 18.831964, 18.779326 ] }, { "date": "2026-03-20", "close": 18.687987, "volume": 106367, "typical_volume": 158682.35, "trend": 18.708171, "fair_value": 17.434492, "relative_strength": -1.750993, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 13.052281, "energy": 13.313667, "activity_lines": [ 18.786831, 18.833978, 18.822841, 18.778649 ] }, { "date": "2026-03-27", "close": 18.645401, "volume": 153757, "typical_volume": 159071.3, "trend": 18.714995, "fair_value": 17.450455, "relative_strength": 1.598713, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": -5.815412, "energy": 20.829053, "activity_lines": [ 18.724063, 18.796356, 18.809294, 18.7746 ] }, { "date": "2026-04-03", "close": 18.787786, "volume": 205064, "typical_volume": 163660.4, "trend": 18.724795, "fair_value": 17.466968, "relative_strength": -0.944937, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 4.738528, "energy": 19.751113, "activity_lines": [ 18.728128, 18.788158, 18.809167, 18.779296 ] }, { "date": "2026-04-10", "close": 18.847319, "volume": 219552, "typical_volume": 164382.15, "trend": 18.735445, "fair_value": 17.483947, "relative_strength": -4.405104, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 13.992832, "energy": 15.562141, "activity_lines": [ 18.762877, 18.792143, 18.813894, 18.787201 ] }, { "date": "2026-04-17", "close": 18.946939, "volume": 99435, "typical_volume": 162931.15, "trend": 18.749261, "fair_value": 17.501581, "relative_strength": -8.89307, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 42.780964, "energy": 18.841754, "activity_lines": [ 18.831075, 18.814607, 18.827254, 18.800845 ] }, { "date": "2026-04-24", "close": 18.844807, "volume": 79029, "typical_volume": 162315.0, "trend": 18.760187, "fair_value": 17.518251, "relative_strength": -10.820859, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 32.747975, "energy": 22.251625, "activity_lines": [ 18.851648, 18.817063, 18.82986, 18.80701 ] }, { "date": "2026-05-01", "close": 18.82913, "volume": 118321, "typical_volume": 161941.55, "trend": 18.768663, "fair_value": 17.534709, "relative_strength": -11.780533, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 34.293989, "energy": 23.165714, "activity_lines": [ 18.856541, 18.817981, 18.830312, 18.811458 ] }, { "date": "2026-05-08", "close": 18.86743, "volume": 180212, "typical_volume": 159976.25, "trend": 18.779709, "fair_value": 17.551357, "relative_strength": -15.678103, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 37.562157, "energy": 23.319209, "activity_lines": [ 18.861953, 18.827806, 18.833879, 18.81783 ] }, { "date": "2026-05-15", "close": 18.762653, "volume": 90312, "typical_volume": 157253.4, "trend": 18.784515, "fair_value": 17.568002, "relative_strength": -15.454984, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 22.792703, "energy": 9.257694, "activity_lines": [ 18.827129, 18.820089, 18.826989, 18.816729 ] }, { "date": "2026-05-22", "close": 18.793038, "volume": 100752, "typical_volume": 148891.3, "trend": 18.7896, "fair_value": 17.585052, "relative_strength": -15.859747, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 14.506988, "energy": 7.440447, "activity_lines": [ 18.808077, 18.819501, 18.823126, 18.817279 ] }, { "date": "2026-05-29", "close": 18.896035, "volume": 122025, "typical_volume": 139291.05, "trend": 18.799118, "fair_value": 17.602259, "relative_strength": -17.304971, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 37.155574, "energy": 14.073099, "activity_lines": [ 18.833618, 18.836735, 18.829022, 18.824146 ] }, { "date": "2026-06-05", "close": 18.816347, "volume": 97389, "typical_volume": 137997.1, "trend": 18.805792, "fair_value": 17.619235, "relative_strength": -13.372384, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 24.416283, "energy": 10.358382, "activity_lines": [ 18.829182, 18.835697, 18.827037, 18.825258 ] }, { "date": "2026-06-12", "close": 18.871133, "volume": 89763, "typical_volume": 135910.9, "trend": 18.814291, "fair_value": 17.636226, "relative_strength": -14.641025, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 43.382044, "energy": 20.474332, "activity_lines": [ 18.843859, 18.841513, 18.830382, 18.829473 ] }, { "date": "2026-06-19", "close": 18.802158, "volume": 148307, "typical_volume": 139281.7, "trend": 18.818756, "fair_value": 17.652887, "relative_strength": -16.689714, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 22.363973, "energy": 11.305287, "activity_lines": [ 18.835298, 18.833272, 18.827117, 18.82869 ] }, { "date": "2026-06-26", "close": 18.846371, "volume": 196679, "typical_volume": 141087.95, "trend": 18.822603, "fair_value": 17.670155, "relative_strength": -12.192876, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 29.371801, "energy": 11.358287, "activity_lines": [ 18.838841, 18.833891, 18.828373, 18.830472 ] }, { "date": "2026-07-03", "close": 18.817386, "volume": 78313, "typical_volume": 136683.15, "trend": 18.826312, "fair_value": 17.687575, "relative_strength": -12.72082, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 16.564822, "energy": 6.06172, "activity_lines": [ 18.829167, 18.831068, 18.826971, 18.830135 ] }, { "date": "2026-07-10", "close": 18.815991, "volume": 70695, "typical_volume": 134385.1, "trend": 18.829603, "fair_value": 17.703862, "relative_strength": -13.897057, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -32.323024, "energy": 13.727493, "activity_lines": [ 18.824271, 18.828491, 18.825911, 18.829469 ] }, { "date": "2026-07-17", "close": 18.845774, "volume": 73202, "typical_volume": 125632.95, "trend": 18.832229, "fair_value": 17.720439, "relative_strength": -9.703726, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -24.278327, "energy": 9.008288, "activity_lines": [ 18.829326, 18.831567, 18.828259, 18.830513 ] }, { "date": "2026-07-24", "close": 18.77, "volume": 134584, "typical_volume": 122690.85, "trend": 18.831535, "fair_value": 17.73656, "relative_strength": -8.321908, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -49.536106, "energy": 23.992918, "activity_lines": [ 18.810814, 18.82126, 18.823888, 18.826498 ] }, { "date": "2026-07-31", "close": 18.805, "volume": 100517, "typical_volume": 123213.75, "trend": 18.832295, "fair_value": 17.752867, "relative_strength": -8.31064, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -42.103308, "energy": 24.235333, "activity_lines": [ 18.806113, 18.817183, 18.823236, 18.824786 ] }, { "date": "2026-08-07", "close": 18.88, "volume": 88303, "typical_volume": 122310.55, "trend": 18.833797, "fair_value": 17.769832, "relative_strength": -12.073188, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -11.025202, "energy": 4.365901, "activity_lines": [ 18.829169, 18.826525, 18.829433, 18.827864 ] } ], "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." } } }