{ "ticker": { "uuid": "d4e2fd1e-7458-4b7b-b5bf-2dc6911d2763", "symbol": "IN-FF2", "name": "Invesco S&P 500 ESG Ucits ETF", "exchange": "TLV", "country": "IL", "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": "TA35.TA", "stage": 4, "stage_name": "Declining", "phase": "4a", "phase_label": "Stage 4A \u00b7 Breakdown", "transition": "stage_4_declining", "transition_label": "Stage 4 decline intact", "confidence": 96.0, "architecture_regime": "downward_expansion", "architecture_regime_label": "Downward Expansion", "architecture_modifier": "Established contraction", "architecture_gate": "down", "architecture_direction": -63.209, "architecture_energy": 66.864, "architecture_maturity": 93.0, "architecture_confidence": 72.698, "architecture_tenure": "Developing", "architecture": { "interpretation": { "headline": "The weekly architecture is expanding downward.", "body": "Trend and Activity show sustained negative alignment with weak price acceptance. Repair requires persistent improvement across the structure, not merely one strong observation." }, "scores": { "balance": 17.71, "rotation_up": 29.88, "upward_expansion": 16.5, "deceleration": 61.0, "rotation_down": 47.75, "downward_expansion": 73.83 }, "activity_lines": [ 320.526667, 861.136364, 9602.154762, 14889.123656 ], "activity_state": "Wide", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": -0.166667 }, "latest_close": 326.5, "trend_reference": 20868.433333, "distance_from_trend": -0.984354, "trend_direction": "Weakening", "fair_value": 26245.724359, "distance_from_fair_value": -0.98756, "fair_value_direction": "Weakening", "relative_strength": -98.833634, "relative_strength_direction": "Weakening", "price_momentum": -0.989146, "excess_performance": -1.018046, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.984354, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.302425, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.98756, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -1.085508, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.988336, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.752293, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.989146, "read": "Negative" }, { "label": "Volume balance", "positive": true, "value": 5.703416, "read": "Demand-led" } ], "volume": { "latest": 227, "relative_activity": 0.71756, "balance": 5.703416, "dry_up": 0.892208, "accumulation_observations": 4, "distribution_observations": 1 }, "risk": { "range_context": 7.652703, "annualized_volatility": 6.381495, "from_high_reference": -0.989447, "from_low_reference": 0.075428 }, "levels": { "trend_reference": 20868.433333, "fair_value_reference": 26245.724359, "structural_low": 303.6, "invalidation": "Reclaiming a flat-to-rising Trend with improving relative strength is required before the declining diagnosis is repaired." }, "outcomes": [ { "horizon": "Near term", "sample_count": 8, "median_return": 0.030802, "positive_rate": 0.75, "directional_follow_through": 0.25, "median_excess_return": 0.00188, "regime_survival": 0.875, "best_return": 0.04899, "worst_return": -0.989997, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 2, "median_return": -0.496931, "positive_rate": 0.0, "directional_follow_through": 1.0, "median_excess_return": -0.543714, "regime_survival": 0.5, "best_return": -0.0046, "worst_return": -0.989262, "sufficient": false }, { "horizon": "Extended", "sample_count": 1, "median_return": 0.066171, "positive_rate": 1.0, "directional_follow_through": 0.0, "median_excess_return": -0.141737, "regime_survival": 0.0, "best_return": 0.066171, "worst_return": 0.066171, "sufficient": false }, { "horizon": "Full cycle", "sample_count": 1, "median_return": 0.015924, "positive_rate": 1.0, "directional_follow_through": 0.0, "median_excess_return": -0.708427, "regime_survival": 1.0, "best_return": 0.015924, "worst_return": 0.015924, "sufficient": false } ], "ledger": [ { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-09-13", "end": "2024-12-13", "tenure": "Established", "return": 0.037926, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-12-20", "end": "2025-02-07", "tenure": "Developing", "return": -0.010559, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-02-14", "end": "2025-03-14", "tenure": "Developing", "return": -0.047945, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-03-21", "end": "2025-06-06", "tenure": "Developing", "return": -0.007785, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-06-13", "end": "2025-07-25", "tenure": "Developing", "return": -0.004514, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-08-01", "end": "2025-08-15", "tenure": "New", "return": 0.011533, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-08-22", "end": "2025-12-05", "tenure": "Established", "return": 0.030537, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-12-12", "end": "2025-12-26", "tenure": "New", "return": 0.00296, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-01-02", "end": "2026-01-23", "tenure": "New", "return": -0.012103, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-01-30", "end": "2026-02-13", "tenure": "New", "return": -0.008952, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2026-02-20", "end": "2026-03-13", "tenure": "New", "return": -0.031869, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-03-20", "end": "2026-05-15", "tenure": "Developing", "return": 0.059909, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2026-05-22", "end": "2026-06-05", "tenure": "New", "return": 0.000331, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-06-12", "end": "2026-08-07", "tenure": "Developing", "return": 0.072602, "active": true } ], "chart_path": [ { "date": "2023-08-04", "close": 22390.0, "volume": 535, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-08-11", "close": 22650.0, "volume": 130, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-08-18", "close": 22620.0, "volume": 653, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-08-25", "close": 22560.0, "volume": 16, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-09-01", "close": 23320.0, "volume": 118, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-09-08", "close": 23280.0, "volume": 60, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-09-15", "close": 23190.0, "volume": 596, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-09-22", "close": 23010.0, "volume": 7, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-09-29", "close": 22360.0, "volume": 113, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-10-06", "close": 22370.0, "volume": 646, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-10-13", "close": 23640.0, "volume": 205, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-10-20", "close": 23900.0, "volume": 1436, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-10-27", "close": 23470.0, "volume": 314, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-11-03", "close": 22950.0, "volume": 108, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-11-10", "close": 23100.0, "volume": 302, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-11-24", "close": 23060.0, "volume": 141, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-12-08", "close": 23070.0, "volume": 273, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-12-15", "close": 23690.0, "volume": 156, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-12-22", "close": 23290.0, "volume": 1211, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-12-29", "close": 23650.0, "volume": 5891, "typical_volume": 645.55, "trend": 22592.666667, "fair_value": 19889.125, "relative_strength": 9.950691, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.450632, "energy": 45.584646, "activity_lines": [ 23445.333333, 23356.909091, 23220.238095, 23005.225806 ] }, { "date": "2024-01-05", "close": 23480.0, "volume": 394, "typical_volume": 638.5, "trend": 22684.666667, "fair_value": 19933.45679, "relative_strength": 7.291457, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 55.918527, "energy": 49.835953, "activity_lines": [ 23488.0, 23374.727273, 23258.47619, 23062.473118 ] }, { "date": "2024-01-12", "close": 24460.0, "volume": 294, "typical_volume": 646.7, "trend": 22792.333333, "fair_value": 19988.658537, "relative_strength": 11.881898, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 84.539616, "energy": 75.88599, "activity_lines": [ 23829.333333, 23573.636364, 23384.857143, 23177.010753 ] }, { "date": "2024-01-19", "close": 24500.0, "volume": 842, "typical_volume": 656.15, "trend": 22902.333333, "fair_value": 20043.012048, "relative_strength": 12.736142, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 82.551898, "energy": 84.657808, "activity_lines": [ 24091.333333, 23769.636364, 23506.428571, 23287.182796 ] }, { "date": "2024-01-26", "close": 24690.0, "volume": 1377, "typical_volume": 724.2, "trend": 23020.333333, "fair_value": 20098.333333, "relative_strength": 13.701497, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 83.303369, "energy": 92.584932, "activity_lines": [ 24362.666667, 23981.454545, 23637.142857, 23402.516129 ] }, { "date": "2024-02-02", "close": 24450.0, "volume": 25, "typical_volume": 719.55, "trend": 23121.666667, "fair_value": 20149.529412, "relative_strength": 12.515293, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.45326, "energy": 87.132623, "activity_lines": [ 24460.666667, 24118.0, 23734.857143, 23494.752688 ] }, { "date": "2024-02-09", "close": 24950.0, "volume": 947, "typical_volume": 763.9, "trend": 23232.666667, "fair_value": 20205.348837, "relative_strength": 13.242745, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 81.911286, "energy": 92.402032, "activity_lines": [ 24672.0, 24320.909091, 23874.809524, 23612.709677 ] }, { "date": "2024-02-16", "close": 24740.0, "volume": 65, "typical_volume": 737.35, "trend": 23332.0, "fair_value": 20257.471264, "relative_strength": 9.84931, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 69.252693, "energy": 86.73022, "activity_lines": [ 24715.333333, 24451.272727, 23986.809524, 23709.956989 ] }, { "date": "2024-02-23", "close": 25110.0, "volume": 444, "typical_volume": 759.2, "trend": 23435.0, "fair_value": 20312.613636, "relative_strength": 7.896179, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 81.065569, "energy": 79.668937, "activity_lines": [ 24863.333333, 24618.545455, 24126.666667, 23824.666667 ] }, { "date": "2024-03-01", "close": 24710.0, "volume": 932, "typical_volume": 800.15, "trend": 23520.333333, "fair_value": 20362.022472, "relative_strength": 3.943873, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.141289, "energy": 62.860999, "activity_lines": [ 24837.333333, 24687.272727, 24218.428571, 23906.924731 ] }, { "date": "2024-03-08", "close": 24870.0, "volume": 500, "typical_volume": 792.85, "trend": 23584.333333, "fair_value": 20412.111111, "relative_strength": 4.567139, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.166063, "energy": 58.569271, "activity_lines": [ 24863.333333, 24759.272727, 24314.238095, 23994.0 ] }, { "date": "2024-03-15", "close": 25530.0, "volume": 291, "typical_volume": 797.15, "trend": 23689.0, "fair_value": 20468.351648, "relative_strength": 9.85499, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 85.778387, "energy": 68.966852, "activity_lines": [ 25081.333333, 24929.090909, 24461.0, 24119.526882 ] }, { "date": "2024-03-22", "close": 25780.0, "volume": 197, "typical_volume": 735.2, "trend": 23793.333333, "fair_value": 20526.086957, "relative_strength": 5.059249, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 85.866536, "energy": 71.258047, "activity_lines": [ 25344.0, 25107.090909, 24622.571429, 24254.430108 ] }, { "date": "2024-03-29", "close": 26150.0, "volume": 624, "typical_volume": 750.7, "trend": 23911.0, "fair_value": 20586.55914, "relative_strength": 5.288242, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 88.603702, "energy": 91.696812, "activity_lines": [ 25660.666667, 25328.363636, 24810.428571, 24406.473118 ] }, { "date": "2024-04-05", "close": 26360.0, "volume": 18, "typical_volume": 746.2, "trend": 24037.666667, "fair_value": 20647.978723, "relative_strength": 8.276575, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 85.707902, "energy": 93.902135, "activity_lines": [ 25978.0, 25557.818182, 25005.52381, 24564.473118 ] }, { "date": "2024-04-12", "close": 26370.0, "volume": 736, "typical_volume": 767.9, "trend": 24139.333333, "fair_value": 20708.210526, "relative_strength": 8.510395, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 79.909011, "energy": 92.460246, "activity_lines": [ 26188.666667, 25758.727273, 25185.333333, 24714.946237 ] }, { "date": "2024-04-19", "close": 25890.0, "volume": 758, "typical_volume": 798.75, "trend": 24226.333333, "fair_value": 20762.1875, "relative_strength": 7.200813, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.019669, "energy": 84.847799, "activity_lines": [ 26139.333333, 25837.454545, 25303.857143, 24827.892473 ] }, { "date": "2024-04-26", "close": 25960.0, "volume": 190, "typical_volume": 794.6, "trend": 24318.666667, "fair_value": 20815.773196, "relative_strength": 6.365506, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.140955, "energy": 66.592524, "activity_lines": [ 26089.333333, 25911.818182, 25415.571429, 24939.741935 ] }, { "date": "2024-05-03", "close": 25890.0, "volume": 531, "typical_volume": 813.35, "trend": 24414.666667, "fair_value": 20867.55102, "relative_strength": 4.906264, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.4314, "energy": 59.467274, "activity_lines": [ 26004.0, 25951.272727, 25506.857143, 25041.11828 ] }, { "date": "2024-05-10", "close": 26290.0, "volume": 1019, "typical_volume": 803.75, "trend": 24545.666667, "fair_value": 20922.323232, "relative_strength": 2.855349, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 72.270273, "energy": 58.733288, "activity_lines": [ 26069.333333, 26049.272727, 25625.761905, 25162.107527 ] }, { "date": "2024-05-17", "close": 26730.0, "volume": 525, "typical_volume": 535.45, "trend": 24691.0, "fair_value": 20980.4, "relative_strength": 5.340266, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 82.496071, "energy": 67.04072, "activity_lines": [ 26286.0, 26198.545455, 25772.285714, 25303.032258 ] }, { "date": "2024-05-24", "close": 26900.0, "volume": 1853, "typical_volume": 608.4, "trend": 24799.666667, "fair_value": 21039.009901, "relative_strength": 6.385572, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 81.561868, "energy": 70.097078, "activity_lines": [ 26535.333333, 26344.909091, 25920.333333, 25445.548387 ] }, { "date": "2024-05-31", "close": 26900.0, "volume": 1004, "typical_volume": 643.9, "trend": 24899.666667, "fair_value": 21096.470588, "relative_strength": 4.373992, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 76.784165, "energy": 87.719631, "activity_lines": [ 26717.333333, 26466.363636, 26052.095238, 25581.053763 ] }, { "date": "2024-06-07", "close": 27520.0, "volume": 687, "typical_volume": 636.15, "trend": 25034.666667, "fair_value": 21158.834951, "relative_strength": 8.26108, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 88.906376, "energy": 94.06051, "activity_lines": [ 27043.333333, 26680.181818, 26231.285714, 25750.107527 ] }, { "date": "2024-06-14", "close": 27730.0, "volume": 337, "typical_volume": 584.15, "trend": 25194.0, "fair_value": 21222.019231, "relative_strength": 7.612647, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 89.48579, "energy": 95.601496, "activity_lines": [ 27330.666667, 26907.272727, 26416.095238, 25924.0 ] }, { "date": "2024-06-21", "close": 28350.0, "volume": 1462, "typical_volume": 656.0, "trend": 25369.0, "fair_value": 21289.904762, "relative_strength": 10.672416, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 94.777159, "energy": 97.717823, "activity_lines": [ 27728.666667, 27222.181818, 26645.47619, 26127.612903 ] }, { "date": "2024-06-28", "close": 28250.0, "volume": 700, "typical_volume": 643.65, "trend": 25542.0, "fair_value": 21355.566038, "relative_strength": 9.41509, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 84.005757, "energy": 93.986695, "activity_lines": [ 27985.333333, 27482.909091, 26846.761905, 26313.483871 ] }, { "date": "2024-07-05", "close": 28300.0, "volume": 806, "typical_volume": 680.7, "trend": 25716.333333, "fair_value": 21420.46729, "relative_strength": 7.059567, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 77.431122, "energy": 91.624612, "activity_lines": [ 28168.666667, 27709.818182, 27037.095238, 26491.419355 ] }, { "date": "2024-07-12", "close": 28320.0, "volume": 803, "typical_volume": 698.65, "trend": 25870.666667, "fair_value": 21484.351852, "relative_strength": 4.22408, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 73.272935, "energy": 88.326227, "activity_lines": [ 28265.333333, 27897.818182, 27212.380952, 26659.397849 ] }, { "date": "2024-07-19", "close": 28320.0, "volume": 392, "typical_volume": 671.65, "trend": 26038.333333, "fair_value": 21547.06422, "relative_strength": 5.298642, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 70.541956, "energy": 81.392904, "activity_lines": [ 28308.666667, 28041.636364, 27372.380952, 26817.419355 ] }, { "date": "2024-07-26", "close": 27470.0, "volume": 1762, "typical_volume": 734.75, "trend": 26165.666667, "fair_value": 21600.909091, "relative_strength": 1.836356, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.818343, "energy": 64.827683, "activity_lines": [ 28029.333333, 27994.0, 27434.238095, 26909.784946 ] }, { "date": "2024-08-02", "close": 28920.0, "volume": 254, "typical_volume": 732.9, "trend": 26347.0, "fair_value": 21666.846847, "relative_strength": 10.154347, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 90.05771, "energy": 71.988646, "activity_lines": [ 28292.0, 28196.545455, 27621.809524, 27087.483871 ] }, { "date": "2024-08-09", "close": 27000.0, "volume": 2125, "typical_volume": 829.3, "trend": 26431.666667, "fair_value": 21714.464286, "relative_strength": 1.532328, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 41.203765, "energy": 35.424075, "activity_lines": [ 27870.0, 28013.272727, 27610.380952, 27129.612903 ] }, { "date": "2024-08-16", "close": 27920.0, "volume": 555, "typical_volume": 825.85, "trend": 26545.666667, "fair_value": 21769.380531, "relative_strength": 2.257982, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 41.529131, "energy": 28.321715, "activity_lines": [ 27841.333333, 27995.454545, 27680.761905, 27225.634409 ] }, { "date": "2024-08-23", "close": 28860.0, "volume": 1775, "typical_volume": 913.7, "trend": 26684.666667, "fair_value": 21831.578947, "relative_strength": 5.585097, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 76.510498, "energy": 49.208001, "activity_lines": [ 28152.666667, 28141.272727, 27832.238095, 27374.946237 ] }, { "date": "2024-08-30", "close": 28390.0, "volume": 1288, "typical_volume": 941.3, "trend": 26816.0, "fair_value": 21888.608696, "relative_strength": 1.612749, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 56.751146, "energy": 37.044901, "activity_lines": [ 28271.333333, 28181.090909, 27927.047619, 27484.967742 ] }, { "date": "2024-09-06", "close": 28010.0, "volume": 1431, "typical_volume": 974.95, "trend": 26918.0, "fair_value": 21941.37931, "relative_strength": 1.093735, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 53.948135, "energy": 40.045466, "activity_lines": [ 28202.0, 28151.090909, 27976.047619, 27562.0 ] }, { "date": "2024-09-13", "close": 28740.0, "volume": 663, "typical_volume": 998.6, "trend": 27051.333333, "fair_value": 21999.487179, "relative_strength": 4.405793, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.734179, "energy": 47.972074, "activity_lines": [ 28436.666667, 28258.181818, 28084.47619, 27679.548387 ] }, { "date": "2024-09-20", "close": 29410.0, "volume": 31, "typical_volume": 973.6, "trend": 27194.666667, "fair_value": 22062.288136, "relative_strength": 10.010893, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 78.589325, "energy": 61.383513, "activity_lines": [ 28778.666667, 28479.090909, 28243.47619, 27831.72043 ] }, { "date": "2024-09-27", "close": 29230.0, "volume": 1079, "typical_volume": 976.6, "trend": 27345.333333, "fair_value": 22122.521008, "relative_strength": 3.585793, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 71.149968, "energy": 63.777167, "activity_lines": [ 28961.333333, 28647.454545, 28368.571429, 27963.032258 ] }, { "date": "2024-10-04", "close": 29420.0, "volume": 396, "typical_volume": 970.15, "trend": 27497.0, "fair_value": 22183.333333, "relative_strength": 4.122127, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 71.885615, "energy": 74.691356, "activity_lines": [ 29182.666667, 28833.818182, 28497.761905, 28096.88172 ] }, { "date": "2024-10-11", "close": 29920.0, "volume": 44, "typical_volume": 879.7, "trend": 27643.333333, "fair_value": 22247.272727, "relative_strength": 5.561821, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 77.54553, "energy": 79.232869, "activity_lines": [ 29502.0, 29075.636364, 28661.761905, 28253.204301 ] }, { "date": "2024-10-18", "close": 30140.0, "volume": 233, "typical_volume": 841.15, "trend": 27788.666667, "fair_value": 22311.967213, "relative_strength": 3.884035, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 77.711511, "energy": 77.259495, "activity_lines": [ 29767.333333, 29339.272727, 28832.333333, 28414.27957 ] }, { "date": "2024-10-25", "close": 30240.0, "volume": 940, "typical_volume": 853.8, "trend": 27925.0, "fair_value": 22376.422764, "relative_strength": 3.319018, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 76.218344, "energy": 81.858687, "activity_lines": [ 29972.666667, 29564.0, 28997.0, 28572.430108 ] }, { "date": "2024-11-01", "close": 29530.0, "volume": 855, "typical_volume": 879.7, "trend": 28030.666667, "fair_value": 22434.112903, "relative_strength": -1.201826, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.702074, "energy": 71.652262, "activity_lines": [ 29886.0, 29617.454545, 29081.095238, 28675.978495 ] }, { "date": "2024-11-08", "close": 30420.0, "volume": 1052, "typical_volume": 859.2, "trend": 28165.666667, "fair_value": 22498.0, "relative_strength": 0.728261, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 77.255538, "energy": 72.281321, "activity_lines": [ 30076.0, 29820.545455, 29241.380952, 28830.129032 ] }, { "date": "2024-11-15", "close": 30760.0, "volume": 1711, "typical_volume": 909.75, "trend": 28328.0, "fair_value": 22563.571429, "relative_strength": 0.171468, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 81.170417, "energy": 78.452944, "activity_lines": [ 30312.666667, 30048.545455, 29424.190476, 28997.505376 ] }, { "date": "2024-11-22", "close": 30220.0, "volume": 345, "typical_volume": 886.7, "trend": 28470.0, "fair_value": 22623.858268, "relative_strength": -1.185665, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.794557, "energy": 59.825974, "activity_lines": [ 30313.333333, 30128.363636, 29543.619048, 29119.569892 ] }, { "date": "2024-11-29", "close": 30160.0, "volume": 501, "typical_volume": 871.6, "trend": 28612.333333, "fair_value": 22682.734375, "relative_strength": -1.520943, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 62.441522, "energy": 56.840464, "activity_lines": [ 30288.666667, 30170.363636, 29648.190476, 29228.602151 ] }, { "date": "2024-12-06", "close": 30100.0, "volume": 504, "typical_volume": 877.2, "trend": 28739.333333, "fair_value": 22740.232558, "relative_strength": -4.333228, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 59.615649, "energy": 52.174638, "activity_lines": [ 30249.333333, 30187.818182, 29738.285714, 29324.580645 ] }, { "date": "2024-12-13", "close": 29830.0, "volume": 637, "typical_volume": 820.95, "trend": 28842.666667, "fair_value": 22794.769231, "relative_strength": -5.591244, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 45.495701, "energy": 36.423774, "activity_lines": [ 30082.0, 30140.363636, 29794.190476, 29394.946237 ] }, { "date": "2024-12-20", "close": 29360.0, "volume": 458, "typical_volume": 831.15, "trend": 28924.666667, "fair_value": 22844.885496, "relative_strength": -8.317585, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 31.74796, "energy": 21.724835, "activity_lines": [ 29797.333333, 30000.0, 29794.095238, 29428.322581 ] }, { "date": "2024-12-27", "close": 30030.0, "volume": 493, "typical_volume": 749.55, "trend": 29029.0, "fair_value": 22899.318182, "relative_strength": -6.813407, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 34.636456, "energy": 22.232083, "activity_lines": [ 29829.333333, 29991.636364, 29855.714286, 29499.634409 ] }, { "date": "2025-01-03", "close": 29560.0, "volume": 283, "typical_volume": 735.95, "trend": 29097.0, "fair_value": 22949.398496, "relative_strength": -9.548772, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 27.444599, "energy": 21.86608, "activity_lines": [ 29717.333333, 29899.818182, 29858.142857, 29533.892473 ] }, { "date": "2025-01-10", "close": 29650.0, "volume": 1819, "typical_volume": 738.15, "trend": 29161.0, "fair_value": 22999.402985, "relative_strength": -10.472831, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 16.306372, "energy": 16.659185, "activity_lines": [ 29675.333333, 29836.727273, 29861.333333, 29569.569892 ] }, { "date": "2025-01-17", "close": 29020.0, "volume": 540, "typical_volume": 700.75, "trend": 29183.333333, "fair_value": 23044.0, "relative_strength": -14.76159, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -6.85514, "energy": 14.752698, "activity_lines": [ 29453.333333, 29656.909091, 29800.761905, 29560.473118 ] }, { "date": "2025-01-24", "close": 29350.0, "volume": 665, "typical_volume": 662.45, "trend": 29220.0, "fair_value": 23090.367647, "relative_strength": -13.29932, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 2.8445, "energy": 17.164448, "activity_lines": [ 29395.333333, 29562.545455, 29768.619048, 29571.225806 ] }, { "date": "2025-01-31", "close": 29550.0, "volume": 1906, "typical_volume": 724.6, "trend": 29261.666667, "fair_value": 23137.518248, "relative_strength": -10.069531, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 6.115365, "energy": 16.834688, "activity_lines": [ 29404.666667, 29530.181818, 29749.142857, 29592.516129 ] }, { "date": "2025-02-07", "close": 29050.0, "volume": 1687, "typical_volume": 807.4, "trend": 29286.0, "fair_value": 23180.362319, "relative_strength": -13.435406, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -30.676762, "energy": 43.518511, "activity_lines": [ 29279.333333, 29419.090909, 29678.190476, 29578.860215 ] }, { "date": "2025-02-14", "close": 29200.0, "volume": 1031, "typical_volume": 805.0, "trend": 29315.333333, "fair_value": 23223.669065, "relative_strength": -12.479067, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -21.893532, "energy": 34.328249, "activity_lines": [ 29238.0, 29355.454545, 29623.238095, 29573.311828 ] }, { "date": "2025-02-21", "close": 29430.0, "volume": 200, "typical_volume": 795.2, "trend": 29380.666667, "fair_value": 23268.0, "relative_strength": -12.14632, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -17.813741, "energy": 19.505443, "activity_lines": [ 29303.333333, 29350.0, 29590.333333, 29580.709677 ] }, { "date": "2025-02-28", "close": 29080.0, "volume": 171, "typical_volume": 801.55, "trend": 29386.0, "fair_value": 23309.219858, "relative_strength": -11.493755, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -36.683693, "energy": 36.287342, "activity_lines": [ 29224.666667, 29288.181818, 29524.047619, 29561.311828 ] }, { "date": "2025-03-07", "close": 28470.0, "volume": 1605, "typical_volume": 870.15, "trend": 29435.0, "fair_value": 23345.56338, "relative_strength": -13.09887, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -51.87522, "energy": 51.558246, "activity_lines": [ 28960.666667, 29120.545455, 29403.666667, 29502.215054 ] }, { "date": "2025-03-14", "close": 27800.0, "volume": 505, "typical_volume": 848.4, "trend": 29431.0, "fair_value": 23376.713287, "relative_strength": -16.326592, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -89.034881, "energy": 83.349253, "activity_lines": [ 28545.333333, 28859.454545, 29227.428571, 29396.731183 ] }, { "date": "2025-03-21", "close": 28260.0, "volume": 907, "typical_volume": 851.0, "trend": 29411.0, "fair_value": 23410.625, "relative_strength": -14.414728, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -70.933157, "energy": 82.194478, "activity_lines": [ 28366.666667, 28714.0, 29106.619048, 29321.182796 ] }, { "date": "2025-03-28", "close": 28700.0, "volume": 186, "typical_volume": 807.7, "trend": 29421.333333, "fair_value": 23447.103448, "relative_strength": -11.468744, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.342247, "energy": 77.920692, "activity_lines": [ 28397.333333, 28673.818182, 29033.761905, 29275.311828 ] }, { "date": "2025-04-04", "close": 27650.0, "volume": 594, "typical_volume": 751.85, "trend": 29409.333333, "fair_value": 23475.890411, "relative_strength": -13.975557, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -83.624886, "energy": 84.933935, "activity_lines": [ 28126.666667, 28448.545455, 28869.095238, 29161.032258 ] }, { "date": "2025-04-11", "close": 27350.0, "volume": 1355, "typical_volume": 802.35, "trend": 29363.0, "fair_value": 23502.244898, "relative_strength": -13.529856, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -79.407468, "energy": 60.904177, "activity_lines": [ 27851.333333, 28199.636364, 28690.666667, 29028.172043 ] }, { "date": "2025-04-18", "close": 26740.0, "volume": 243, "typical_volume": 789.45, "trend": 29274.0, "fair_value": 23524.121622, "relative_strength": -17.59403, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -85.641577, "energy": 74.077199, "activity_lines": [ 27447.333333, 27879.818182, 28467.809524, 28858.946237 ] }, { "date": "2025-04-25", "close": 26280.0, "volume": 283, "typical_volume": 778.4, "trend": 29175.666667, "fair_value": 23542.61745, "relative_strength": -19.181745, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -86.471112, "energy": 91.23716, "activity_lines": [ 26960.666667, 27518.363636, 28217.428571, 28665.784946 ] }, { "date": "2025-05-02", "close": 27390.0, "volume": 110, "typical_volume": 752.05, "trend": 29108.0, "fair_value": 23568.266667, "relative_strength": -15.829119, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.810119, "energy": 63.230281, "activity_lines": [ 26976.0, 27411.818182, 28090.952381, 28550.580645 ] }, { "date": "2025-05-09", "close": 27420.0, "volume": 777, "typical_volume": 768.0, "trend": 29024.666667, "fair_value": 23593.774834, "relative_strength": -19.187338, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.648255, "energy": 57.485115, "activity_lines": [ 27088.666667, 27347.818182, 27978.952381, 28441.677419 ] }, { "date": "2025-05-16", "close": 28050.0, "volume": 471, "typical_volume": 766.9, "trend": 28955.0, "fair_value": 23623.092105, "relative_strength": -16.77205, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -57.041479, "energy": 41.892916, "activity_lines": [ 27426.666667, 27428.545455, 27936.190476, 28378.795699 ] }, { "date": "2025-05-23", "close": 28130.0, "volume": 338, "typical_volume": 769.65, "trend": 28884.666667, "fair_value": 23652.54902, "relative_strength": -15.027388, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -37.712717, "energy": 22.707934, "activity_lines": [ 27744.666667, 27531.454545, 27910.47619, 28325.569892 ] }, { "date": "2025-05-30", "close": 28130.0, "volume": 18, "typical_volume": 679.6, "trend": 28838.0, "fair_value": 23681.623377, "relative_strength": -18.043292, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -31.02306, "energy": 24.363166, "activity_lines": [ 27970.0, 27628.363636, 27891.571429, 28276.88172 ] }, { "date": "2025-06-06", "close": 28040.0, "volume": 1014, "typical_volume": 703.3, "trend": 28758.666667, "fair_value": 23709.741935, "relative_strength": -18.837573, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -26.477226, "energy": 23.908636, "activity_lines": [ 28042.0, 27711.272727, 27871.333333, 28225.397849 ] }, { "date": "2025-06-13", "close": 28800.0, "volume": 328, "typical_volume": 686.45, "trend": 28693.333333, "fair_value": 23742.371795, "relative_strength": -14.951392, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 3.386755, "energy": 16.664625, "activity_lines": [ 28324.0, 27944.363636, 27928.142857, 28228.064516 ] }, { "date": "2025-06-20", "close": 28130.0, "volume": 755, "typical_volume": 628.9, "trend": 28623.666667, "fair_value": 23803.141026, "relative_strength": -20.49665, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -10.31208, "energy": 15.997201, "activity_lines": [ 28290.666667, 28034.727273, 27923.761905, 28191.72043 ] }, { "date": "2025-06-27", "close": 28130.0, "volume": 203, "typical_volume": 554.7, "trend": 28556.0, "fair_value": 23867.24359, "relative_strength": -21.868767, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -10.482752, "energy": 13.692609, "activity_lines": [ 28252.0, 28110.909091, 27926.142857, 28159.870968 ] }, { "date": "2025-07-04", "close": 28420.0, "volume": 467, "typical_volume": 526.5, "trend": 28500.0, "fair_value": 23929.615385, "relative_strength": -23.719045, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -3.08758, "energy": 13.10716, "activity_lines": [ 28310.0, 28214.545455, 27960.52381, 28151.096774 ] }, { "date": "2025-07-11", "close": 28110.0, "volume": 608, "typical_volume": 546.9, "trend": 28442.666667, "fair_value": 23993.076923, "relative_strength": -24.722738, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -8.853242, "energy": 9.212217, "activity_lines": [ 28245.333333, 28222.909091, 27969.095238, 28125.935484 ] }, { "date": "2025-07-18", "close": 28520.0, "volume": 36, "typical_volume": 540.15, "trend": 28414.666667, "fair_value": 24057.5, "relative_strength": -21.857025, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 3.651623, "energy": 13.148617, "activity_lines": [ 28312.666667, 28292.727273, 28023.0, 28130.924731 ] }, { "date": "2025-07-25", "close": 28670.0, "volume": 1075, "typical_volume": 513.65, "trend": 28369.333333, "fair_value": 24118.782051, "relative_strength": -21.660988, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 26.031411, "energy": 33.017398, "activity_lines": [ 28448.666667, 28369.818182, 28093.857143, 28147.397849 ] }, { "date": "2025-08-01", "close": 29480.0, "volume": 860, "typical_volume": 531.4, "trend": 28366.666667, "fair_value": 24183.653846, "relative_strength": -18.283053, "stage": 4, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 58.652573, "energy": 66.961369, "activity_lines": [ 28818.666667, 28582.909091, 28240.904762, 28219.053763 ] }, { "date": "2025-08-08", "close": 29750.0, "volume": 615, "typical_volume": 516.8, "trend": 28370.0, "fair_value": 24250.576923, "relative_strength": -14.856673, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 61.41329, "energy": 79.377796, "activity_lines": [ 29188.666667, 28820.545455, 28405.666667, 28308.301075 ] }, { "date": "2025-08-15", "close": 29820.0, "volume": 117, "typical_volume": 513.35, "trend": 28396.666667, "fair_value": 24320.897436, "relative_strength": -15.076453, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 84.343609, "energy": 93.497276, "activity_lines": [ 29493.333333, 29041.454545, 28570.0, 28401.849462 ] }, { "date": "2025-08-22", "close": 29800.0, "volume": 873, "typical_volume": 527.3, "trend": 28411.666667, "fair_value": 24393.974359, "relative_strength": -15.457329, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 76.699706, "energy": 91.302113, "activity_lines": [ 29677.333333, 29226.363636, 28727.095238, 28492.387097 ] }, { "date": "2025-08-29", "close": 29500.0, "volume": 176, "typical_volume": 468.35, "trend": 28410.0, "fair_value": 24471.730769, "relative_strength": -17.775057, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.780751, "energy": 87.208095, "activity_lines": [ 29676.0, 29338.545455, 28845.380952, 28562.602151 ] }, { "date": "2025-09-05", "close": 29690.0, "volume": 159, "typical_volume": 464.15, "trend": 28431.333333, "fair_value": 24549.551282, "relative_strength": -16.050886, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.631261, "energy": 83.806672, "activity_lines": [ 29682.666667, 29460.363636, 28971.52381, 28645.182796 ] }, { "date": "2025-09-12", "close": 29580.0, "volume": 375, "typical_volume": 468.75, "trend": 28444.0, "fair_value": 24623.205128, "relative_strength": -16.988815, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.993247, "energy": 63.379396, "activity_lines": [ 29638.666667, 29533.818182, 29073.142857, 28719.290323 ] }, { "date": "2025-09-19", "close": 30130.0, "volume": 103, "typical_volume": 468.4, "trend": 28467.333333, "fair_value": 24706.153846, "relative_strength": -12.757321, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 84.254383, "energy": 70.042957, "activity_lines": [ 29789.333333, 29686.181818, 29211.428571, 28828.064516 ] }, { "date": "2025-09-26", "close": 30150.0, "volume": 3, "typical_volume": 429.7, "trend": 28503.0, "fair_value": 24785.769231, "relative_strength": -12.481598, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 80.740556, "energy": 84.27428, "activity_lines": [ 29926.0, 29805.454545, 29338.571429, 28936.623656 ] }, { "date": "2025-10-03", "close": 30070.0, "volume": 54, "typical_volume": 408.85, "trend": 28556.333333, "fair_value": 24865.320513, "relative_strength": -16.549412, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 70.259263, "energy": 82.905631, "activity_lines": [ 30012.666667, 29880.545455, 29445.095238, 29037.72043 ] }, { "date": "2025-10-10", "close": 30210.0, "volume": 8, "typical_volume": 392.35, "trend": 28636.666667, "fair_value": 24947.820513, "relative_strength": -17.389159, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 75.490459, "energy": 87.233089, "activity_lines": [ 30108.0, 29955.636364, 29555.333333, 29144.408602 ] }, { "date": "2025-10-17", "close": 30090.0, "volume": 148, "typical_volume": 398.85, "trend": 28697.666667, "fair_value": 25026.346154, "relative_strength": -15.373289, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.098997, "energy": 78.135701, "activity_lines": [ 30128.666667, 29995.636364, 29644.238095, 29238.172043 ] }, { "date": "2025-10-24", "close": 30430.0, "volume": 207, "typical_volume": 358.5, "trend": 28755.333333, "fair_value": 25104.935897, "relative_strength": -13.421838, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 81.749802, "energy": 70.780789, "activity_lines": [ 30228.666667, 30091.272727, 29756.190476, 29349.935484 ] }, { "date": "2025-10-31", "close": 30870.0, "volume": 269, "typical_volume": 355.55, "trend": 28862.666667, "fair_value": 25190.192308, "relative_strength": -13.563975, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 93.211037, "energy": 93.047197, "activity_lines": [ 30455.333333, 30255.818182, 29898.666667, 29486.365591 ] }, { "date": "2025-11-07", "close": 30420.0, "volume": 537, "typical_volume": 344.65, "trend": 28965.0, "fair_value": 25271.025641, "relative_strength": -15.748187, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.724353, "energy": 80.989704, "activity_lines": [ 30484.0, 30319.090909, 29988.428571, 29586.83871 ] }, { "date": "2025-11-14", "close": 30250.0, "volume": 773, "typical_volume": 373.15, "trend": 29082.0, "fair_value": 25350.897436, "relative_strength": -17.92346, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.910887, "energy": 65.874173, "activity_lines": [ 30432.666667, 30334.727273, 30051.095238, 29669.741935 ] }, { "date": "2025-11-21", "close": 30350.0, "volume": 892, "typical_volume": 394.4, "trend": 29217.666667, "fair_value": 25434.871795, "relative_strength": -15.156494, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.495128, "energy": 63.301581, "activity_lines": [ 30412.0, 30358.363636, 30113.190476, 29751.548387 ] }, { "date": "2025-11-28", "close": 30330.0, "volume": 108, "typical_volume": 369.4, "trend": 29315.666667, "fair_value": 25520.961538, "relative_strength": -15.325373, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 59.251829, "energy": 53.998175, "activity_lines": [ 30367.333333, 30364.363636, 30164.190476, 29823.311828 ] }, { "date": "2025-12-05", "close": 30710.0, "volume": 621, "typical_volume": 398.65, "trend": 29425.333333, "fair_value": 25605.384615, "relative_strength": -16.455606, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 77.385577, "energy": 58.923503, "activity_lines": [ 30456.0, 30435.818182, 30240.809524, 29913.268817 ] }, { "date": "2025-12-12", "close": 30410.0, "volume": 519, "typical_volume": 370.85, "trend": 29504.0, "fair_value": 25691.602564, "relative_strength": -19.473416, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 57.0553, "energy": 49.593121, "activity_lines": [ 30455.333333, 30442.545455, 30278.428571, 29976.795699 ] }, { "date": "2025-12-19", "close": 30340.0, "volume": 652, "typical_volume": 360.45, "trend": 29577.666667, "fair_value": 25775.128205, "relative_strength": -19.69964, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 55.797258, "energy": 46.145012, "activity_lines": [ 30432.0, 30430.363636, 30301.095238, 30030.731183 ] }, { "date": "2025-12-26", "close": 30500.0, "volume": 305, "typical_volume": 344.95, "trend": 29656.666667, "fair_value": 25856.282051, "relative_strength": -17.33, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 60.163717, "energy": 46.356025, "activity_lines": [ 30456.0, 30444.909091, 30334.904762, 30090.236559 ] }, { "date": "2026-01-02", "close": 30570.0, "volume": 180, "typical_volume": 348.1, "trend": 29741.0, "fair_value": 25936.794872, "relative_strength": -18.593983, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 62.201917, "energy": 43.183504, "activity_lines": [ 30493.333333, 30464.727273, 30371.809524, 30149.16129 ] }, { "date": "2026-01-09", "close": 30600.0, "volume": 704, "typical_volume": 339.65, "trend": 29801.0, "fair_value": 26017.692308, "relative_strength": -21.325418, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 62.175094, "energy": 41.979354, "activity_lines": [ 30524.666667, 30487.454545, 30408.0, 30204.580645 ] }, { "date": "2026-01-16", "close": 30370.0, "volume": 375, "typical_volume": 349.6, "trend": 29875.666667, "fair_value": 26096.153846, "relative_strength": -23.600292, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 52.461256, "energy": 35.123793, "activity_lines": [ 30486.666667, 30473.272727, 30418.47619, 30241.290323 ] }, { "date": "2026-01-23", "close": 30200.0, "volume": 675, "typical_volume": 375.4, "trend": 29944.666667, "fair_value": 26171.666667, "relative_strength": -23.710047, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 31.117963, "energy": 19.689122, "activity_lines": [ 30394.666667, 30429.090909, 30408.619048, 30262.215054 ] }, { "date": "2026-01-30", "close": 30160.0, "volume": 864, "typical_volume": 399.85, "trend": 30002.666667, "fair_value": 26247.371795, "relative_strength": -23.463174, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 8.745732, "energy": 9.930106, "activity_lines": [ 30298.666667, 30378.545455, 30392.52381, 30276.107527 ] }, { "date": "2026-02-06", "close": 30080.0, "volume": 1324, "typical_volume": 460.9, "trend": 30068.333333, "fair_value": 26325.25641, "relative_strength": -23.956374, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": -2.772162, "energy": 17.687591, "activity_lines": [ 30198.666667, 30316.909091, 30366.047619, 30281.096774 ] }, { "date": "2026-02-13", "close": 29890.0, "volume": 364, "typical_volume": 478.95, "trend": 30114.0, "fair_value": 26401.474359, "relative_strength": -25.922224, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -34.067615, "energy": 40.424001, "activity_lines": [ 30068.0, 30225.272727, 30321.714286, 30269.591398 ] }, { "date": "2026-02-20", "close": 29810.0, "volume": 697, "typical_volume": 511.1, "trend": 30152.0, "fair_value": 26478.782051, "relative_strength": -26.520322, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -37.878623, "energy": 58.033247, "activity_lines": [ 29958.0, 30134.0, 30271.0, 30249.978495 ] }, { "date": "2026-02-27", "close": 30300.0, "volume": 445, "typical_volume": 532.95, "trend": 30179.333333, "fair_value": 26558.910256, "relative_strength": -22.748103, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -17.573029, "energy": 36.569127, "activity_lines": [ 30048.666667, 30142.727273, 30268.190476, 30259.526882 ] }, { "date": "2026-03-06", "close": 29280.0, "volume": 316, "typical_volume": 541.35, "trend": 30163.666667, "fair_value": 26631.602564, "relative_strength": -28.564038, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -58.411983, "energy": 64.362464, "activity_lines": [ 29792.666667, 29966.727273, 30167.809524, 30201.505376 ] }, { "date": "2026-03-13", "close": 28860.0, "volume": 170, "typical_volume": 539.5, "trend": 30131.666667, "fair_value": 26701.602564, "relative_strength": -25.939815, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -90.46042, "energy": 87.931059, "activity_lines": [ 29455.333333, 29736.545455, 30031.285714, 30117.397849 ] }, { "date": "2026-03-20", "close": 28710.0, "volume": 93, "typical_volume": 530.7, "trend": 30095.333333, "fair_value": 26770.833333, "relative_strength": -27.962995, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -87.772012, "energy": 93.520335, "activity_lines": [ 29149.333333, 29510.181818, 29887.952381, 30025.677419 ] }, { "date": "2026-03-27", "close": 28590.0, "volume": 537, "typical_volume": 530.7, "trend": 30065.0, "fair_value": 26837.628205, "relative_strength": -23.780825, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -82.875783, "energy": 93.390303, "activity_lines": [ 28882.0, 29296.363636, 29743.47619, 29928.55914 ] }, { "date": "2026-04-03", "close": 28630.0, "volume": 5, "typical_volume": 492.3, "trend": 30029.666667, "fair_value": 26900.769231, "relative_strength": -24.592403, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -71.499023, "energy": 89.273767, "activity_lines": [ 28709.333333, 29122.181818, 29611.52381, 29835.978495 ] }, { "date": "2026-04-10", "close": 29210.0, "volume": 72, "typical_volume": 451.3, "trend": 30017.333333, "fair_value": 26965.128205, "relative_strength": -26.724496, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.128515, "energy": 80.222326, "activity_lines": [ 28841.333333, 29082.0, 29542.52381, 29783.096774 ] }, { "date": "2026-04-17", "close": 29370.0, "volume": 231, "typical_volume": 457.45, "trend": 29992.0, "fair_value": 27031.153846, "relative_strength": -25.052112, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.552826, "energy": 53.286889, "activity_lines": [ 29031.333333, 29088.181818, 29494.190476, 29741.333333 ] }, { "date": "2026-04-24", "close": 29740.0, "volume": 206, "typical_volume": 436.7, "trend": 29978.333333, "fair_value": 27102.5, "relative_strength": -22.732285, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -40.729121, "energy": 27.04393, "activity_lines": [ 29310.666667, 29174.545455, 29485.666667, 29725.075269 ] }, { "date": "2026-05-01", "close": 29580.0, "volume": 159, "typical_volume": 418.7, "trend": 29962.0, "fair_value": 27169.038462, "relative_strength": -23.536006, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -31.850364, "energy": 28.829867, "activity_lines": [ 29468.0, 29234.545455, 29466.52381, 29699.376344 ] }, { "date": "2026-05-08", "close": 29900.0, "volume": 800, "typical_volume": 426.1, "trend": 29951.666667, "fair_value": 27232.628205, "relative_strength": -23.604312, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -12.096647, "energy": 23.950329, "activity_lines": [ 29666.0, 29356.909091, 29481.809524, 29695.376344 ] }, { "date": "2026-05-15", "close": 30430.0, "volume": 215, "typical_volume": 421.6, "trend": 29963.0, "fair_value": 27298.269231, "relative_strength": -19.269899, "stage": 3, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": 18.235578, "energy": 31.112378, "activity_lines": [ 29956.0, 29582.909091, 29549.666667, 29726.236559 ] }, { "date": "2026-05-22", "close": 30220.0, "volume": 9, "typical_volume": 413.05, "trend": 29956.0, "fair_value": 27361.217949, "relative_strength": -19.277961, "stage": 3, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 27.583344, "energy": 35.925962, "activity_lines": [ 30094.666667, 29749.818182, 29597.857143, 29742.817204 ] }, { "date": "2026-05-29", "close": 29660.0, "volume": 184, "typical_volume": 387.05, "trend": 29915.666667, "fair_value": 27419.74359, "relative_strength": -21.21782, "stage": 3, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 19.673501, "energy": 28.489915, "activity_lines": [ 29990.0, 29790.181818, 29594.380952, 29723.72043 ] }, { "date": "2026-06-05", "close": 30230.0, "volume": 1311, "typical_volume": 433.85, "trend": 29909.333333, "fair_value": 27480.705128, "relative_strength": -15.556922, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 28.842146, "energy": 39.113822, "activity_lines": [ 30080.666667, 29916.909091, 29649.666667, 29744.0 ] }, { "date": "2026-06-12", "close": 304.4, "volume": 425, "typical_volume": 421.35, "trend": 28911.146667, "fair_value": 27346.566667, "relative_strength": -99.143676, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -87.455342, "energy": 94.96363, "activity_lines": [ 20152.8, 24572.8, 26855.561905, 27834.004301 ] }, { "date": "2026-06-19", "close": 308.3, "volume": 380, "typical_volume": 397.15, "trend": 27909.756667, "fair_value": 27212.645513, "relative_strength": -99.069447, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -90.613335, "energy": 96.703753, "activity_lines": [ 12199.273333, 19744.410909, 24204.188571, 25988.659355 ] }, { "date": "2026-06-26", "close": 310.6, "volume": 12, "typical_volume": 331.55, "trend": 26909.11, "fair_value": 27079.059615, "relative_strength": -99.012742, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -91.800916, "energy": 97.129957, "activity_lines": [ 6254.626667, 15441.925455, 21695.185238, 24208.068602 ] }, { "date": "2026-07-03", "close": 314.9, "volume": 246, "typical_volume": 325.65, "trend": 25895.94, "fair_value": 26943.834615, "relative_strength": -98.999353, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -82.445534, "energy": 93.855918, "activity_lines": [ 2305.373333, 11668.574545, 19328.350476, 22492.313118 ] }, { "date": "2026-07-10", "close": 315.5, "volume": 406, "typical_volume": 311.1, "trend": 24892.79, "fair_value": 26807.267308, "relative_strength": -98.956536, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.999895, "energy": 88.099768, "activity_lines": [ 312.66, 8430.334545, 17102.406667, 20841.962151 ] }, { "date": "2026-07-17", "close": 316.3, "volume": 205, "typical_volume": 299.1, "trend": 23892.0, "fair_value": 26669.807692, "relative_strength": -98.949892, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.332251, "energy": 88.562178, "activity_lines": [ 314.513333, 5724.321818, 15016.989048, 19256.382151 ] }, { "date": "2026-07-24", "close": 318.7, "volume": 671, "typical_volume": 316.85, "trend": 22885.956667, "fair_value": 26530.696795, "relative_strength": -98.943782, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.992486, "energy": 77.64208, "activity_lines": [ 316.373333, 3556.630909, 13074.579524, 17735.524086 ] }, { "date": "2026-07-31", "close": 317.8, "volume": 26, "typical_volume": 309.65, "trend": 21877.55, "fair_value": 26390.746795, "relative_strength": -98.891317, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.628236, "energy": 67.539909, "activity_lines": [ 317.24, 1936.254545, 11269.995238, 16279.513978 ] }, { "date": "2026-08-07", "close": 326.5, "volume": 227, "typical_volume": 316.35, "trend": 20868.433333, "fair_value": 26245.724359, "relative_strength": -98.833634, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.208751, "energy": 66.863747, "activity_lines": [ 320.526667, 861.136364, 9602.154762, 14889.123656 ] } ], "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." } } }