{ "ticker": { "uuid": "e633aa69-cd25-4882-9e1a-35068fdabd46", "symbol": "SCHV", "name": "SCHWAB STRATEGIC TR US LARGE-CAP VALUE ETF", "exchange": "NYSEARCA", "country": "US", "assetType": "etf" }, "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.", "analysis": { "eligible": true, "as_of": "2026-08-07", "benchmark": "SPY", "stage": 2, "stage_name": "Advancing", "phase": "2b", "phase_label": "Stage 2B \u00b7 Advancing", "transition": "stage_2_healthy", "transition_label": "Stage 2 trend intact", "confidence": 96.0, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Established expansion", "architecture_gate": "up", "architecture_direction": 72.116, "architecture_energy": 49.959, "architecture_maturity": 82.634, "architecture_confidence": 55.369, "architecture_tenure": "Established", "architecture": { "interpretation": { "headline": "The weekly architecture is expanding upward.", "body": "Trend and Activity show sustained positive alignment with constructive price acceptance. Directional energy remains positive; cooling within this regime can indicate that it is maturing." }, "scores": { "balance": 26.13, "rotation_up": 46.29, "upward_expansion": 74.22, "deceleration": 71.3, "rotation_down": 28.5, "downward_expansion": 12.22 }, "activity_lines": [ 34.354, 34.315536, 33.796556, 33.188327 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.5 }, "latest_close": 34.86, "trend_reference": 32.476447, "distance_from_trend": 0.073393, "trend_direction": "Improving", "fair_value": 26.50737, "distance_from_fair_value": 0.315106, "fair_value_direction": "Improving", "relative_strength": 0.548608, "relative_strength_direction": "Improving", "price_momentum": 0.091329, "excess_performance": -0.034295, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.073393, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.052906, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.315106, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.035561, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.005486, "read": "Leading" }, { "label": "Relative strength direction", "positive": true, "value": 0.015306, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.091329, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 1.414327, "read": "Demand-led" } ], "volume": { "latest": 20316691, "relative_activity": 1.071313, "balance": 1.414327, "dry_up": 0.966624, "accumulation_observations": 2, "distribution_observations": 0 }, "risk": { "range_context": 0.023622, "annualized_volatility": 0.10528, "from_high_reference": -0.005991, "from_low_reference": 0.269122 }, "levels": { "trend_reference": 32.476447, "fair_value_reference": 26.50737, "structural_low": 29.7945, "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 38, "median_return": 0.01357, "positive_rate": 0.657895, "directional_follow_through": 0.657895, "median_excess_return": 0.00028, "regime_survival": 0.736842, "best_return": 0.059307, "worst_return": -0.079479, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 15, "median_return": 0.027568, "positive_rate": 0.533333, "directional_follow_through": 0.533333, "median_excess_return": 0.003718, "regime_survival": 0.466667, "best_return": 0.089607, "worst_return": -0.046163, "sufficient": true }, { "horizon": "Extended", "sample_count": 8, "median_return": 0.061858, "positive_rate": 0.75, "directional_follow_through": 0.75, "median_excess_return": -0.013807, "regime_survival": 0.625, "best_return": 0.131124, "worst_return": -0.073537, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 4, "median_return": 0.091992, "positive_rate": 0.75, "directional_follow_through": 0.75, "median_excess_return": -0.038319, "regime_survival": 0.25, "best_return": 0.208221, "worst_return": -0.046237, "sufficient": false } ], "ledger": [ { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-05-24", "end": "2024-06-14", "tenure": "New", "return": -0.009783, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-06-21", "end": "2024-07-12", "tenure": "New", "return": 0.019754, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-07-19", "end": "2024-12-20", "tenure": "Established", "return": 0.039656, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-12-27", "end": "2025-02-14", "tenure": "Developing", "return": 0.040793, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-02-21", "end": "2025-03-14", "tenure": "New", "return": -0.03304, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-03-21", "end": "2025-03-28", "tenure": "New", "return": -0.003047, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-04-04", "end": "2025-05-16", "tenure": "Developing", "return": 0.125726, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-05-23", "end": "2025-06-13", "tenure": "New", "return": 0.02381, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-06-20", "end": "2025-06-27", "tenure": "New", "return": 0.020531, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-07-04", "end": "2025-11-21", "tenure": "Established", "return": 0.024381, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-11-28", "end": "2025-12-05", "tenure": "New", "return": 0.002367, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-12-12", "end": "2026-03-20", "tenure": "Established", "return": 0.018881, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-03-27", "end": "2026-04-24", "tenure": "Developing", "return": 0.061747, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-05-01", "end": "2026-08-07", "tenure": "Established", "return": 0.082167, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 20.967872, "volume": 1933244, "typical_volume": 1699267.55, "trend": 20.685107, "fair_value": 19.922588, "relative_strength": -5.129837, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 57.213834, "energy": 43.118726, "activity_lines": [ 21.296608, 21.236613, 20.940391, 20.779639 ] }, { "date": "2023-08-25", "close": 20.898951, "volume": 2007310, "typical_volume": 1714595.25, "trend": 20.676178, "fair_value": 19.955468, "relative_strength": -6.077946, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 40.191639, "energy": 24.308256, "activity_lines": [ 21.131405, 21.194915, 20.954749, 20.793435 ] }, { "date": "2023-09-01", "close": 21.265489, "volume": 1438931, "typical_volume": 1712235.55, "trend": 20.67534, "fair_value": 19.991647, "relative_strength": -6.677678, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 41.149925, "energy": 22.646951, "activity_lines": [ 21.133285, 21.22032, 21.001615, 20.831455 ] }, { "date": "2023-09-08", "close": 21.008599, "volume": 1600194, "typical_volume": 1669333.9, "trend": 20.670066, "fair_value": 20.027872, "relative_strength": -6.507392, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 33.321239, "energy": 22.080056, "activity_lines": [ 21.077312, 21.18415, 21.020923, 20.852956 ] }, { "date": "2023-09-15", "close": 21.093185, "volume": 1381930, "typical_volume": 1660266.35, "trend": 20.668436, "fair_value": 20.063932, "relative_strength": -5.881756, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 33.512475, "energy": 19.00546, "activity_lines": [ 21.070837, 21.16353, 21.046683, 20.880254 ] }, { "date": "2023-09-22", "close": 20.567403, "volume": 1450163, "typical_volume": 1623808.45, "trend": 20.666403, "fair_value": 20.098987, "relative_strength": -5.347732, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 11.255859, "energy": 11.072489, "activity_lines": [ 20.911032, 21.041504, 21.020318, 20.873736 ] }, { "date": "2023-09-29", "close": 20.321502, "volume": 1992859, "typical_volume": 1597743.65, "trend": 20.647509, "fair_value": 20.130581, "relative_strength": -5.706743, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -12.246802, "energy": 22.349719, "activity_lines": [ 20.695958, 20.885297, 20.969461, 20.851484 ] }, { "date": "2023-10-06", "close": 20.018855, "volume": 2650158, "typical_volume": 1649824.8, "trend": 20.65494, "fair_value": 20.156729, "relative_strength": -7.384068, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -39.268762, "energy": 52.869351, "activity_lines": [ 20.418497, 20.696808, 20.888869, 20.810926 ] }, { "date": "2023-10-13", "close": 20.094517, "volume": 2281348, "typical_volume": 1689442.25, "trend": 20.676033, "fair_value": 20.183438, "relative_strength": -7.263416, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -35.062531, "energy": 61.990315, "activity_lines": [ 20.249367, 20.552318, 20.816533, 20.774769 ] }, { "date": "2023-10-20", "close": 19.760343, "volume": 2597277, "typical_volume": 1733801.3, "trend": 20.680414, "fair_value": 20.208288, "relative_strength": -6.406112, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -52.065259, "energy": 73.03846, "activity_lines": [ 20.029784, 20.369498, 20.711458, 20.715693 ] }, { "date": "2023-10-27", "close": 19.281152, "volume": 2539708, "typical_volume": 1785513.7, "trend": 20.64246, "fair_value": 20.235568, "relative_strength": -6.142759, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -87.528267, "energy": 89.307706, "activity_lines": [ 19.739326, 20.129768, 20.5631, 20.625418 ] }, { "date": "2023-11-03", "close": 20.34357, "volume": 3251690, "typical_volume": 1869531.4, "trend": 20.64075, "fair_value": 20.264326, "relative_strength": -6.19612, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.919301, "energy": 64.527471, "activity_lines": [ 19.888758, 20.113871, 20.521569, 20.606134 ] }, { "date": "2023-11-10", "close": 20.179636, "volume": 2188554, "typical_volume": 1898409.15, "trend": 20.626207, "fair_value": 20.286831, "relative_strength": -7.9529, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.434684, "energy": 46.531113, "activity_lines": [ 19.982075, 20.078267, 20.46719, 20.576385 ] }, { "date": "2023-11-17", "close": 20.750252, "volume": 2667127, "typical_volume": 1953745.4, "trend": 20.628815, "fair_value": 20.312769, "relative_strength": -7.235161, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -33.656951, "energy": 23.479506, "activity_lines": [ 20.254877, 20.166153, 20.468432, 20.584388 ] }, { "date": "2023-11-24", "close": 20.952017, "volume": 1541106, "typical_volume": 1960229.5, "trend": 20.638461, "fair_value": 20.337154, "relative_strength": -6.998445, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -11.130906, "energy": 20.552017, "activity_lines": [ 20.55122, 20.295422, 20.490166, 20.60524 ] }, { "date": "2023-12-01", "close": 21.355547, "volume": 2309760, "typical_volume": 1992114.3, "trend": 20.672248, "fair_value": 20.362053, "relative_strength": -5.753757, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "mixed", "direction": 22.748753, "energy": 31.422704, "activity_lines": [ 20.902627, 20.500626, 20.549481, 20.651503 ] }, { "date": "2023-12-08", "close": 21.328656, "volume": 1936357, "typical_volume": 1998696.5, "trend": 20.712197, "fair_value": 20.387403, "relative_strength": -5.846058, "stage": 3, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 32.394553, "energy": 39.991369, "activity_lines": [ 21.106777, 20.68661, 20.60524, 20.693852 ] }, { "date": "2023-12-15", "close": 22.001825, "volume": 2540337, "typical_volume": 2044771.35, "trend": 20.770951, "fair_value": 20.416519, "relative_strength": -4.898629, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 56.09879, "energy": 68.846552, "activity_lines": [ 21.469645, 20.976678, 20.726271, 20.777054 ] }, { "date": "2023-12-22", "close": 22.128838, "volume": 3274471, "typical_volume": 2142529.15, "trend": 20.845149, "fair_value": 20.446885, "relative_strength": -4.94688, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 73.515539, "energy": 82.228087, "activity_lines": [ 21.753371, 21.253784, 20.857876, 20.86466 ] }, { "date": "2023-12-29", "close": 22.259026, "volume": 1388280, "typical_volume": 2148540.2, "trend": 20.911958, "fair_value": 20.476663, "relative_strength": -4.444562, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 79.979983, "energy": 87.745575, "activity_lines": [ 21.988588, 21.517574, 20.998068, 20.955878 ] }, { "date": "2024-01-05", "close": 22.173293, "volume": 1620463, "typical_volume": 2132901.15, "trend": 20.968852, "fair_value": 20.503046, "relative_strength": -3.023085, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 71.927101, "energy": 86.812946, "activity_lines": [ 22.108093, 21.720345, 21.126109, 21.037254 ] }, { "date": "2024-01-12", "close": 22.151065, "volume": 1743411, "typical_volume": 2119706.2, "trend": 21.009748, "fair_value": 20.529155, "relative_strength": -4.611738, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.10488, "energy": 83.279753, "activity_lines": [ 22.165672, 21.86649, 21.246293, 21.113526 ] }, { "date": "2024-01-19", "close": 22.135189, "volume": 1581174, "typical_volume": 2126818.35, "trend": 21.065993, "fair_value": 20.555483, "relative_strength": -5.531825, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.094852, "energy": 76.364507, "activity_lines": [ 22.163132, 21.976886, 21.359002, 21.186135 ] }, { "date": "2024-01-26", "close": 22.398741, "volume": 1848386, "typical_volume": 2139227.95, "trend": 21.112018, "fair_value": 20.587276, "relative_strength": -5.120007, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 72.76966, "energy": 71.82029, "activity_lines": [ 22.239551, 22.099644, 21.49267, 21.272119 ] }, { "date": "2024-02-02", "close": 22.513052, "volume": 2012430, "typical_volume": 2170752.95, "trend": 21.169998, "fair_value": 20.614908, "relative_strength": -5.716943, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 75.410351, "energy": 79.778256, "activity_lines": [ 22.336081, 22.213213, 21.630606, 21.362508 ] }, { "date": "2024-02-09", "close": 22.595611, "volume": 1665299, "typical_volume": 2181509.75, "trend": 21.218304, "fair_value": 20.641078, "relative_strength": -6.381768, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 74.40393, "energy": 81.619677, "activity_lines": [ 22.443195, 22.313411, 21.769643, 21.454483 ] }, { "date": "2024-02-16", "close": 22.795656, "volume": 1966248, "typical_volume": 2180179.2, "trend": 21.259076, "fair_value": 20.668416, "relative_strength": -4.965016, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 77.937719, "energy": 86.759505, "activity_lines": [ 22.588837, 22.427434, 21.918073, 21.556248 ] }, { "date": "2024-02-23", "close": 23.110013, "volume": 3312902, "typical_volume": 2213316.4, "trend": 21.306671, "fair_value": 20.699041, "relative_strength": -4.957556, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 84.139942, "energy": 90.0583, "activity_lines": [ 22.796291, 22.57194, 22.084661, 21.675663 ] }, { "date": "2024-03-01", "close": 23.246552, "volume": 3172827, "typical_volume": 2257890.35, "trend": 21.370618, "fair_value": 20.728017, "relative_strength": -5.055734, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 84.271291, "energy": 90.677738, "activity_lines": [ 22.98427, 22.721123, 22.249533, 21.800817 ] }, { "date": "2024-03-08", "close": 23.459299, "volume": 2835189, "typical_volume": 2269785.95, "trend": 21.438524, "fair_value": 20.754641, "relative_strength": -3.733355, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 84.502816, "energy": 90.977881, "activity_lines": [ 23.186644, 22.888664, 22.419656, 21.93557 ] }, { "date": "2024-03-15", "close": 23.456124, "volume": 2013736, "typical_volume": 2243487.35, "trend": 21.521465, "fair_value": 20.782192, "relative_strength": -3.511305, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 78.255352, "energy": 90.772155, "activity_lines": [ 23.324877, 23.033806, 22.571863, 22.065738 ] }, { "date": "2024-03-22", "close": 23.845, "volume": 2205563, "typical_volume": 2191181.0, "trend": 21.619667, "fair_value": 20.809944, "relative_strength": -3.87601, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 86.996397, "energy": 92.955076, "activity_lines": [ 23.535367, 23.226327, 22.741225, 22.215643 ] }, { "date": "2024-03-29", "close": 24.253589, "volume": 1967734, "typical_volume": 2180140.0, "trend": 21.71927, "fair_value": 20.840029, "relative_strength": -2.409484, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 90.956097, "energy": 91.478464, "activity_lines": [ 23.812098, 23.462339, 22.932827, 22.385574 ] }, { "date": "2024-04-05", "close": 23.864152, "volume": 2122660, "typical_volume": 2152916.65, "trend": 21.814455, "fair_value": 20.866245, "relative_strength": -2.938843, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.037212, "energy": 69.937001, "activity_lines": [ 23.882778, 23.589028, 23.06794, 22.523953 ] }, { "date": "2024-04-12", "close": 23.197003, "volume": 1739528, "typical_volume": 2162837.75, "trend": 21.884583, "fair_value": 20.886718, "relative_strength": -4.046054, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.332331, "energy": 64.505376, "activity_lines": [ 23.689901, 23.567773, 23.124687, 22.61315 ] }, { "date": "2024-04-19", "close": 23.08528, "volume": 2025193, "typical_volume": 2148609.4, "trend": 21.968512, "fair_value": 20.906514, "relative_strength": -1.311566, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 51.130013, "energy": 48.409502, "activity_lines": [ 23.47727, 23.513769, 23.160103, 22.690614 ] }, { "date": "2024-04-26", "close": 23.34384, "volume": 1649180, "typical_volume": 2134250.55, "trend": 22.069256, "fair_value": 20.927375, "relative_strength": -2.600995, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 43.235486, "energy": 32.36034, "activity_lines": [ 23.375548, 23.497874, 23.211907, 22.779345 ] }, { "date": "2024-05-03", "close": 23.369377, "volume": 1584379, "typical_volume": 2086452.65, "trend": 22.180941, "fair_value": 20.944648, "relative_strength": -2.901625, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 37.140371, "energy": 26.33569, "activity_lines": [ 23.31575, 23.476654, 23.256547, 22.863224 ] }, { "date": "2024-05-10", "close": 23.880113, "volume": 1363247, "typical_volume": 1990891.45, "trend": 22.307127, "fair_value": 20.966108, "relative_strength": -2.448519, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 55.571617, "energy": 34.501325, "activity_lines": [ 23.485144, 23.54358, 23.343316, 22.972848 ] }, { "date": "2024-05-17", "close": 24.215284, "volume": 1566440, "typical_volume": 1999799.45, "trend": 22.455625, "fair_value": 20.990651, "relative_strength": -2.555821, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 76.568567, "energy": 54.207423, "activity_lines": [ 23.765198, 23.659926, 23.453667, 23.095955 ] }, { "date": "2024-05-24", "close": 23.819463, "volume": 1245311, "typical_volume": 1981041.85, "trend": 22.606902, "fair_value": 21.011723, "relative_strength": -4.025476, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 58.111833, "energy": 49.383272, "activity_lines": [ 23.845426, 23.69056, 23.517005, 23.183944 ] }, { "date": "2024-05-31", "close": 23.902458, "volume": 1575402, "typical_volume": 1972641.4, "trend": 22.725532, "fair_value": 21.03205, "relative_strength": -3.205883, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 58.034724, "energy": 49.50712, "activity_lines": [ 23.904373, 23.729678, 23.580409, 23.267529 ] }, { "date": "2024-06-07", "close": 23.774774, "volume": 1730506, "typical_volume": 1980108.0, "trend": 22.84537, "fair_value": 21.052092, "relative_strength": -4.772248, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 55.976916, "energy": 44.963545, "activity_lines": [ 23.883518, 23.744536, 23.623312, 23.335222 ] }, { "date": "2024-06-14", "close": 23.58644, "volume": 1416599, "typical_volume": 1958518.65, "trend": 22.939909, "fair_value": 21.076262, "relative_strength": -6.874071, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 49.990998, "energy": 31.991572, "activity_lines": [ 23.772859, 23.733857, 23.640471, 23.383033 ] }, { "date": "2024-06-21", "close": 23.889689, "volume": 958589, "typical_volume": 1905826.6, "trend": 23.037832, "fair_value": 21.098233, "relative_strength": -6.125301, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 45.100823, "energy": 28.379966, "activity_lines": [ 23.78286, 23.783363, 23.680856, 23.444309 ] }, { "date": "2024-06-28", "close": 23.786851, "volume": 1441880, "typical_volume": 1894655.65, "trend": 23.118875, "fair_value": 21.118511, "relative_strength": -6.310998, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 36.86707, "energy": 22.754252, "activity_lines": [ 23.780289, 23.801578, 23.70489, 23.492633 ] }, { "date": "2024-07-05", "close": 23.74832, "volume": 1253090, "typical_volume": 1858997.75, "trend": 23.199531, "fair_value": 21.138828, "relative_strength": -8.022218, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 35.666061, "energy": 21.016875, "activity_lines": [ 23.767048, 23.800031, 23.719583, 23.533242 ] }, { "date": "2024-07-12", "close": 24.361615, "volume": 1893819, "typical_volume": 1788043.6, "trend": 23.27819, "fair_value": 21.164648, "relative_strength": -6.384919, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 69.251709, "energy": 41.773702, "activity_lines": [ 23.968515, 23.902638, 23.788148, 23.608215 ] }, { "date": "2024-07-19", "close": 24.4451, "volume": 2208055, "typical_volume": 1739805.0, "trend": 23.355399, "fair_value": 21.189413, "relative_strength": -4.028977, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 69.98228, "energy": 59.653912, "activity_lines": [ 24.158687, 24.002383, 23.858704, 23.6835 ] }, { "date": "2024-07-26", "close": 24.647391, "volume": 1583043, "typical_volume": 1677197.7, "trend": 23.435011, "fair_value": 21.214709, "relative_strength": -2.310735, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 74.355259, "energy": 72.161036, "activity_lines": [ 24.359046, 24.128636, 23.942819, 23.766854 ] }, { "date": "2024-08-02", "close": 24.11437, "volume": 1739597, "typical_volume": 1663490.75, "trend": 23.499714, "fair_value": 21.235305, "relative_strength": -2.225642, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 57.889659, "energy": 60.579337, "activity_lines": [ 24.331218, 24.15012, 23.970512, 23.810684 ] }, { "date": "2024-08-09", "close": 24.124003, "volume": 1951601, "typical_volume": 1650792.65, "trend": 23.565478, "fair_value": 21.254468, "relative_strength": -2.061325, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 54.957643, "energy": 41.570316, "activity_lines": [ 24.284766, 24.167993, 23.995988, 23.85096 ] }, { "date": "2024-08-16", "close": 24.740509, "volume": 1777088, "typical_volume": 1641260.35, "trend": 23.652322, "fair_value": 21.279308, "relative_strength": -3.257434, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 69.333601, "energy": 44.168481, "activity_lines": [ 24.41877, 24.29393, 24.07885, 23.926769 ] }, { "date": "2024-08-23", "close": 25.199677, "volume": 1262980, "typical_volume": 1598276.35, "trend": 23.745687, "fair_value": 21.305099, "relative_strength": -2.697287, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 78.118347, "energy": 51.719348, "activity_lines": [ 24.680571, 24.485793, 24.203124, 24.026598 ] }, { "date": "2024-08-30", "close": 25.517563, "volume": 1677751, "typical_volume": 1595187.5, "trend": 23.845837, "fair_value": 21.333119, "relative_strength": -1.637099, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 82.162292, "energy": 78.303775, "activity_lines": [ 24.998028, 24.706122, 24.351313, 24.140913 ] }, { "date": "2024-09-06", "close": 24.81115, "volume": 1051753, "typical_volume": 1546515.5, "trend": 23.919688, "fair_value": 21.359139, "relative_strength": -0.153271, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 61.501344, "energy": 70.548069, "activity_lines": [ 25.022004, 24.768415, 24.421174, 24.203191 ] }, { "date": "2024-09-13", "close": 25.283162, "volume": 1400296, "typical_volume": 1534071.3, "trend": 24.002605, "fair_value": 21.38897, "relative_strength": -2.04691, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 67.838766, "energy": 72.551395, "activity_lines": [ 25.156864, 24.897905, 24.527771, 24.291157 ] }, { "date": "2024-09-20", "close": 25.633158, "volume": 1611704, "typical_volume": 1535437.55, "trend": 24.08671, "fair_value": 21.420255, "relative_strength": -1.946205, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 75.617771, "energy": 72.143307, "activity_lines": [ 25.331113, 25.063123, 24.658465, 24.396354 ] }, { "date": "2024-09-27", "close": 25.863652, "volume": 1151760, "typical_volume": 1524863.2, "trend": 24.173947, "fair_value": 21.454596, "relative_strength": -1.501553, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 77.053947, "energy": 65.72023, "activity_lines": [ 25.522683, 25.247131, 24.800332, 24.510995 ] }, { "date": "2024-10-04", "close": 25.899166, "volume": 1419486, "typical_volume": 1517515.5, "trend": 24.255276, "fair_value": 21.487644, "relative_strength": -1.542317, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 73.734568, "energy": 74.270321, "activity_lines": [ 25.681826, 25.411805, 24.936135, 24.6223 ] }, { "date": "2024-10-11", "close": 26.150991, "volume": 1589815, "typical_volume": 1534740.7, "trend": 24.345105, "fair_value": 21.520381, "relative_strength": -1.631377, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 76.17045, "energy": 81.842365, "activity_lines": [ 25.89947, 25.599505, 25.087903, 24.744604 ] }, { "date": "2024-10-18", "close": 26.441557, "volume": 4118487, "typical_volume": 1661894.95, "trend": 24.431657, "fair_value": 21.552805, "relative_strength": -1.294753, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 80.705645, "energy": 87.238085, "activity_lines": [ 26.124647, 25.803005, 25.256242, 24.879859 ] }, { "date": "2024-10-25", "close": 25.87011, "volume": 3464993, "typical_volume": 1748619.3, "trend": 24.485541, "fair_value": 21.581855, "relative_strength": -2.383169, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.70403, "energy": 69.871979, "activity_lines": [ 26.082116, 25.860469, 25.358066, 24.972662 ] }, { "date": "2024-11-01", "close": 25.676398, "volume": 4129240, "typical_volume": 1884251.35, "trend": 24.545949, "fair_value": 21.607372, "relative_strength": -1.654698, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.122119, "energy": 55.558639, "activity_lines": [ 25.959217, 25.862175, 25.431463, 25.049492 ] }, { "date": "2024-11-08", "close": 26.615897, "volume": 4954932, "typical_volume": 2084068.5, "trend": 24.659912, "fair_value": 21.638796, "relative_strength": -2.604245, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 79.865466, "energy": 60.797255, "activity_lines": [ 26.161967, 26.02603, 25.584385, 25.183037 ] }, { "date": "2024-11-15", "close": 26.267217, "volume": 5162359, "typical_volume": 2270092.45, "trend": 24.765977, "fair_value": 21.669486, "relative_strength": -1.763903, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.112259, "energy": 51.744264, "activity_lines": [ 26.20071, 26.10652, 25.691117, 25.286734 ] }, { "date": "2024-11-22", "close": 26.925835, "volume": 6501016, "typical_volume": 2532488.75, "trend": 24.885376, "fair_value": 21.705939, "relative_strength": -0.891553, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 80.485117, "energy": 61.966453, "activity_lines": [ 26.451243, 26.280284, 25.848763, 25.42608 ] }, { "date": "2024-11-29", "close": 27.226087, "volume": 3969813, "typical_volume": 2636288.45, "trend": 25.013933, "fair_value": 21.745548, "relative_strength": -0.875267, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 82.327579, "energy": 82.846192, "activity_lines": [ 26.769575, 26.478773, 26.019873, 25.577093 ] }, { "date": "2024-12-06", "close": 26.693381, "volume": 5027095, "typical_volume": 2777240.45, "trend": 25.107709, "fair_value": 21.778101, "relative_strength": -3.531347, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.695972, "energy": 73.555819, "activity_lines": [ 26.819939, 26.551444, 26.12661, 25.685445 ] }, { "date": "2024-12-13", "close": 26.155095, "volume": 6119108, "typical_volume": 3004043.7, "trend": 25.172369, "fair_value": 21.808249, "relative_strength": -4.751165, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.917817, "energy": 55.036121, "activity_lines": [ 26.623076, 26.511159, 26.171375, 25.753018 ] }, { "date": "2024-12-20", "close": 25.414488, "volume": 9643752, "typical_volume": 3399251.45, "trend": 25.225537, "fair_value": 21.83152, "relative_strength": -5.544643, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 27.281515, "energy": 23.425293, "activity_lines": [ 26.210065, 26.331564, 26.138426, 25.768639 ] }, { "date": "2024-12-27", "close": 25.560661, "volume": 5159457, "typical_volume": 3559644.25, "trend": 25.28081, "fair_value": 21.853584, "relative_strength": -5.438975, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 16.079558, "energy": 21.511867, "activity_lines": [ 25.902626, 26.191938, 26.113207, 25.79026 ] }, { "date": "2025-01-03", "close": 25.521681, "volume": 5620338, "typical_volume": 3751806.75, "trend": 25.33904, "fair_value": 21.874275, "relative_strength": -4.898662, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -0.555582, "energy": 22.245439, "activity_lines": [ 25.673206, 26.061241, 26.077435, 25.8058 ] }, { "date": "2025-01-10", "close": 25.112399, "volume": 5644879, "typical_volume": 3970901.7, "trend": 25.389906, "fair_value": 21.892614, "relative_strength": -4.422151, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -14.470619, "energy": 31.930508, "activity_lines": [ 25.420985, 25.862463, 25.998964, 25.791178 ] }, { "date": "2025-01-17", "close": 26.194074, "volume": 6149929, "typical_volume": 4194510.6, "trend": 25.466719, "fair_value": 21.924703, "relative_strength": -3.047799, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 10.021611, "energy": 19.601978, "activity_lines": [ 25.634721, 25.870609, 26.023925, 25.843059 ] }, { "date": "2025-01-24", "close": 26.515653, "volume": 5688621, "typical_volume": 4426354.0, "trend": 25.557679, "fair_value": 21.958485, "relative_strength": -3.414379, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 37.094387, "energy": 16.443703, "activity_lines": [ 25.953052, 25.944893, 26.076292, 25.910733 ] }, { "date": "2025-01-31", "close": 26.418205, "volume": 5906328, "typical_volume": 4651655.6, "trend": 25.646675, "fair_value": 21.989881, "relative_strength": -2.693662, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 40.41785, "energy": 23.704375, "activity_lines": [ 26.165489, 25.996942, 26.11126, 25.96625 ] }, { "date": "2025-02-07", "close": 26.418205, "volume": 5824972, "typical_volume": 4862319.0, "trend": 25.715228, "fair_value": 22.022206, "relative_strength": -2.453447, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 43.795759, "energy": 34.73416, "activity_lines": [ 26.320757, 26.05822, 26.140824, 26.016027 ] }, { "date": "2025-02-14", "close": 26.603356, "volume": 6560949, "typical_volume": 5132778.45, "trend": 25.78717, "fair_value": 22.057325, "relative_strength": -3.101575, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 50.124227, "energy": 42.579519, "activity_lines": [ 26.477973, 26.167852, 26.184283, 26.073325 ] }, { "date": "2025-02-21", "close": 26.544887, "volume": 5425014, "typical_volume": 5333054.85, "trend": 25.85042, "fair_value": 22.091391, "relative_strength": -1.664237, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 58.153792, "energy": 54.454375, "activity_lines": [ 26.516302, 26.268489, 26.218651, 26.12221 ] }, { "date": "2025-02-28", "close": 26.837232, "volume": 6866998, "typical_volume": 5596914.0, "trend": 25.941182, "fair_value": 22.128087, "relative_strength": 0.414383, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.790562, "energy": 58.804207, "activity_lines": [ 26.628693, 26.415193, 26.277787, 26.185875 ] }, { "date": "2025-03-07", "close": 26.233053, "volume": 11285644, "typical_volume": 5955271.85, "trend": 26.011483, "fair_value": 22.164047, "relative_strength": 1.304016, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 53.503983, "energy": 33.098803, "activity_lines": [ 26.518251, 26.426178, 26.276113, 26.204706 ] }, { "date": "2025-03-14", "close": 25.667854, "volume": 14363764, "typical_volume": 6500210.4, "trend": 26.042395, "fair_value": 22.190613, "relative_strength": 1.466998, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 16.81989, "energy": 8.327287, "activity_lines": [ 26.231754, 26.322174, 26.221605, 26.182536 ] }, { "date": "2025-03-21", "close": 25.86275, "volume": 6463176, "typical_volume": 6616907.2, "trend": 26.064497, "fair_value": 22.21639, "relative_strength": 1.74004, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -0.386421, "energy": 8.224411, "activity_lines": [ 26.060245, 26.250948, 26.186621, 26.170946 ] }, { "date": "2025-03-28", "close": 25.783952, "volume": 5903716, "typical_volume": 6664346.4, "trend": 26.073377, "fair_value": 22.242344, "relative_strength": 2.97313, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -15.405321, "energy": 21.201131, "activity_lines": [ 25.911844, 26.151753, 26.143245, 26.152847 ] }, { "date": "2025-04-04", "close": 23.609166, "volume": 11486320, "typical_volume": 6980544.45, "trend": 26.033311, "fair_value": 22.254473, "relative_strength": 3.684035, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -86.730246, "energy": 77.635576, "activity_lines": [ 25.089243, 25.664598, 25.896708, 25.993865 ] }, { "date": "2025-04-11", "close": 24.324298, "volume": 21846183, "typical_volume": 7747802.8, "trend": 26.001349, "fair_value": 22.272372, "relative_strength": 1.109203, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -73.4957, "energy": 76.484502, "activity_lines": [ 24.720224, 25.360313, 25.730936, 25.883606 ] }, { "date": "2025-04-18", "close": 24.481039, "volume": 6222960, "typical_volume": 7860460.15, "trend": 25.962945, "fair_value": 22.293902, "relative_strength": 3.247562, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.560411, "energy": 77.269189, "activity_lines": [ 24.530703, 25.122598, 25.59248, 25.785522 ] }, { "date": "2025-04-25", "close": 25.029634, "volume": 8840834, "typical_volume": 8051147.1, "trend": 25.935144, "fair_value": 22.323209, "relative_strength": 0.961723, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.532345, "energy": 71.499389, "activity_lines": [ 24.603167, 25.019848, 25.519343, 25.725308 ] }, { "date": "2025-05-02", "close": 25.656599, "volume": 5058165, "typical_volume": 7998099.95, "trend": 25.927058, "fair_value": 22.355504, "relative_strength": 0.590921, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -55.468601, "energy": 36.403438, "activity_lines": [ 24.940161, 25.059705, 25.51384, 25.707338 ] }, { "date": "2025-05-09", "close": 25.656599, "volume": 5247430, "typical_volume": 7778283.85, "trend": 25.910579, "fair_value": 22.390133, "relative_strength": 1.064088, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -38.052672, "energy": 19.145924, "activity_lines": [ 25.285645, 25.115712, 25.51071, 25.689889 ] }, { "date": "2025-05-16", "close": 26.577455, "volume": 7563612, "typical_volume": 7898491.6, "trend": 25.915109, "fair_value": 22.433582, "relative_strength": -0.501969, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -8.516239, "energy": 16.955334, "activity_lines": [ 25.801585, 25.360614, 25.594129, 25.732913 ] }, { "date": "2025-05-23", "close": 25.921101, "volume": 7010732, "typical_volume": 7968011.3, "trend": 25.916808, "fair_value": 22.464986, "relative_strength": -0.396427, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -2.320196, "energy": 17.115509, "activity_lines": [ 25.94853, 25.479917, 25.610195, 25.7333 ] }, { "date": "2025-05-30", "close": 26.254176, "volume": 7459763, "typical_volume": 8058755.5, "trend": 25.936068, "fair_value": 22.500294, "relative_strength": -0.818657, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 6.001494, "energy": 18.561723, "activity_lines": [ 26.110496, 25.655175, 25.656081, 25.755065 ] }, { "date": "2025-06-06", "close": 26.557862, "volume": 8069329, "typical_volume": 8154725.5, "trend": 25.934133, "fair_value": 22.543832, "relative_strength": -1.271975, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 22.275134, "energy": 26.45285, "activity_lines": [ 26.292055, 25.878531, 25.725452, 25.795181 ] }, { "date": "2025-06-13", "close": 26.53827, "volume": 6756050, "typical_volume": 8208096.95, "trend": 25.943168, "fair_value": 22.595433, "relative_strength": -1.01009, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 21.610321, "energy": 33.399382, "activity_lines": [ 26.406999, 26.084254, 25.791225, 25.834158 ] }, { "date": "2025-06-20", "close": 26.577455, "volume": 5269670, "typical_volume": 8176264.05, "trend": 25.931556, "fair_value": 22.641181, "relative_strength": -0.717298, "stage": 3, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 23.339042, "energy": 34.537496, "activity_lines": [ 26.476226, 26.243845, 25.860622, 25.875079 ] }, { "date": "2025-06-27", "close": 27.123112, "volume": 10737870, "typical_volume": 8421908.95, "trend": 25.928123, "fair_value": 22.691621, "relative_strength": -2.072285, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 68.492426, "energy": 58.179166, "activity_lines": [ 26.727339, 26.46168, 25.981228, 25.951954 ] }, { "date": "2025-07-04", "close": 27.733727, "volume": 5528328, "typical_volume": 8370277.9, "trend": 25.962801, "fair_value": 22.745622, "relative_strength": -1.5798, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 81.1324, "energy": 75.458839, "activity_lines": [ 27.101857, 26.742499, 26.156631, 26.068444 ] }, { "date": "2025-07-11", "close": 27.585997, "volume": 8695067, "typical_volume": 8533780.55, "trend": 26.010498, "fair_value": 22.799283, "relative_strength": -1.842058, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 75.770764, "energy": 81.491847, "activity_lines": [ 27.328494, 26.947292, 26.312583, 26.173167 ] }, { "date": "2025-07-18", "close": 27.5663, "volume": 6754480, "typical_volume": 8528154.65, "trend": 26.082225, "fair_value": 22.850157, "relative_strength": -2.482975, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 70.641333, "energy": 81.717205, "activity_lines": [ 27.480023, 27.113423, 26.4617, 26.273541 ] }, { "date": "2025-07-25", "close": 27.960245, "volume": 11280806, "typical_volume": 8527912.75, "trend": 26.162211, "fair_value": 22.899288, "relative_strength": -2.48632, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 78.700723, "energy": 89.007264, "activity_lines": [ 27.694332, 27.31646, 26.644864, 26.394704 ] }, { "date": "2025-08-01", "close": 27.192052, "volume": 10532355, "typical_volume": 8336342.3, "trend": 26.21789, "fair_value": 22.944317, "relative_strength": -2.73315, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.234142, "energy": 74.770259, "activity_lines": [ 27.560391, 27.354683, 26.746643, 26.461145 ] }, { "date": "2025-08-08", "close": 27.5663, "volume": 11263441, "typical_volume": 8576355.55, "trend": 26.299687, "fair_value": 22.986872, "relative_strength": -3.681439, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.826009, "energy": 54.934269, "activity_lines": [ 27.546603, 27.437843, 26.876806, 26.548139 ] }, { "date": "2025-08-15", "close": 27.842062, "volume": 16140018, "typical_volume": 9088170.65, "trend": 26.35462, "fair_value": 23.031879, "relative_strength": -3.585234, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 72.487996, "energy": 57.62925, "activity_lines": [ 27.635897, 27.547285, 27.025119, 26.647647 ] }, { "date": "2025-08-22", "close": 28.35419, "volume": 14854652, "typical_volume": 9256587.25, "trend": 26.415904, "fair_value": 23.084378, "relative_strength": -2.035569, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 82.68566, "energy": 64.214475, "activity_lines": [ 27.87883, 27.726492, 27.212407, 26.776652 ] }, { "date": "2025-08-29", "close": 28.314796, "volume": 11546608, "typical_volume": 8741608.5, "trend": 26.479124, "fair_value": 23.140264, "relative_strength": -2.050917, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 77.302263, "energy": 79.822877, "activity_lines": [ 28.056105, 27.865519, 27.373347, 26.899161 ] }, { "date": "2025-09-05", "close": 28.226158, "volume": 22327984, "typical_volume": 9546859.7, "trend": 26.539389, "fair_value": 23.191335, "relative_strength": -2.567663, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.658095, "energy": 81.981682, "activity_lines": [ 28.180198, 27.956843, 27.506843, 27.011873 ] }, { "date": "2025-09-12", "close": 28.501919, "volume": 17469332, "typical_volume": 9978284.6, "trend": 26.602675, "fair_value": 23.249478, "relative_strength": -3.046491, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 75.244073, "energy": 81.203481, "activity_lines": [ 28.32727, 28.078249, 27.648768, 27.138488 ] }, { "date": "2025-09-19", "close": 28.610254, "volume": 14659721, "typical_volume": 10458362.4, "trend": 26.67152, "fair_value": 23.314266, "relative_strength": -3.760377, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 74.242291, "energy": 70.437326, "activity_lines": [ 28.44808, 28.205386, 27.784476, 27.268009 ] }, { "date": "2025-09-26", "close": 28.726676, "volume": 12781412, "typical_volume": 10835061.5, "trend": 26.734502, "fair_value": 23.38315, "relative_strength": -2.994281, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 74.944835, "energy": 67.102142, "activity_lines": [ 28.556484, 28.335068, 27.917207, 27.400599 ] }, { "date": "2025-10-03", "close": 28.96425, "volume": 12821577, "typical_volume": 11097959.75, "trend": 26.825542, "fair_value": 23.450955, "relative_strength": -3.169448, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 78.860062, "energy": 71.480138, "activity_lines": [ 28.719247, 28.486847, 28.057945, 27.544454 ] }, { "date": "2025-10-10", "close": 28.172336, "volume": 11873838, "typical_volume": 11341115.05, "trend": 26.909024, "fair_value": 23.514177, "relative_strength": -3.376886, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.973779, "energy": 55.356181, "activity_lines": [ 28.574742, 28.476387, 28.111896, 27.631344 ] }, { "date": "2025-10-17", "close": 28.667282, "volume": 17210860, "typical_volume": 11828669.9, "trend": 27.002509, "fair_value": 23.57612, "relative_strength": -3.252361, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.340194, "energy": 51.769397, "activity_lines": [ 28.598807, 28.538094, 28.202265, 27.74478 ] }, { "date": "2025-10-24", "close": 29.033542, "volume": 15334237, "typical_volume": 12191915.3, "trend": 27.110828, "fair_value": 23.633633, "relative_strength": -3.779408, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 74.404991, "energy": 54.85846, "activity_lines": [ 28.733935, 28.646376, 28.316025, 27.875815 ] }, { "date": "2025-10-31", "close": 28.617787, "volume": 17466816, "typical_volume": 12727453.6, "trend": 27.277782, "fair_value": 23.689822, "relative_strength": -5.681558, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 58.494089, "energy": 43.735377, "activity_lines": [ 28.702258, 28.657402, 28.378401, 27.973038 ] }, { "date": "2025-11-07", "close": 28.657383, "volume": 15121063, "typical_volume": 13220023.25, "trend": 27.422219, "fair_value": 23.740689, "relative_strength": -3.893489, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 57.181995, "energy": 43.456022, "activity_lines": [ 28.691039, 28.670835, 28.434645, 28.062044 ] }, { "date": "2025-11-14", "close": 28.696979, "volume": 15802772, "typical_volume": 13473268.35, "trend": 27.56275, "fair_value": 23.792026, "relative_strength": -3.786683, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 54.460163, "energy": 40.128711, "activity_lines": [ 28.713477, 28.685239, 28.484755, 28.144287 ] }, { "date": "2025-11-21", "close": 28.40991, "volume": 20433354, "typical_volume": 14218519.65, "trend": 27.675426, "fair_value": 23.838825, "relative_strength": -2.772915, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 39.886451, "energy": 25.888998, "activity_lines": [ 28.605249, 28.638888, 28.500031, 28.198942 ] }, { "date": "2025-11-28", "close": 29.271116, "volume": 12301014, "typical_volume": 14398817.0, "trend": 27.79591, "fair_value": 23.890336, "relative_strength": -3.274765, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 67.860088, "energy": 39.720325, "activity_lines": [ 28.801247, 28.750793, 28.594107, 28.30189 ] }, { "date": "2025-12-05", "close": 29.340409, "volume": 16623614, "typical_volume": 14892273.7, "trend": 27.918703, "fair_value": 23.946401, "relative_strength": -3.301314, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 66.62318, "energy": 44.423706, "activity_lines": [ 29.004505, 28.863281, 28.686758, 28.401535 ] }, { "date": "2025-12-12", "close": 29.523847, "volume": 18310897, "typical_volume": 15243778.25, "trend": 28.016916, "fair_value": 24.005843, "relative_strength": -2.114281, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 69.505212, "energy": 56.113626, "activity_lines": [ 29.220735, 28.997962, 28.78843, 28.505093 ] }, { "date": "2025-12-19", "close": 29.444215, "volume": 21049552, "typical_volume": 15769638.1, "trend": 28.134354, "fair_value": 24.063704, "relative_strength": -2.486242, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 64.856651, "energy": 67.151496, "activity_lines": [ 29.352655, 29.10799, 28.875074, 28.597177 ] }, { "date": "2025-12-26", "close": 29.802562, "volume": 11718225, "typical_volume": 15792377.3, "trend": 28.252633, "fair_value": 24.123782, "relative_strength": -2.677053, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 73.054072, "energy": 73.957614, "activity_lines": [ 29.55421, 29.260048, 28.98512, 28.704803 ] }, { "date": "2026-01-02", "close": 29.762746, "volume": 11143368, "typical_volume": 15542544.8, "trend": 28.359463, "fair_value": 24.180035, "relative_strength": -1.788997, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 69.353465, "energy": 69.762919, "activity_lines": [ 29.649648, 29.384224, 29.080726, 28.80223 ] }, { "date": "2026-01-09", "close": 30.47944, "volume": 15453030, "typical_volume": 15572463.7, "trend": 28.490835, "fair_value": 24.239136, "relative_strength": -1.009846, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 84.997022, "energy": 81.466176, "activity_lines": [ 29.95121, 29.62545, 29.235443, 28.939002 ] }, { "date": "2026-01-16", "close": 30.81788, "volume": 16202024, "typical_volume": 15805234.5, "trend": 28.632182, "fair_value": 24.302945, "relative_strength": 0.428953, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 87.126578, "energy": 90.477165, "activity_lines": [ 30.289649, 29.894363, 29.412271, 29.089134 ] }, { "date": "2026-01-23", "close": 30.638706, "volume": 13680418, "typical_volume": 15372856.2, "trend": 28.749369, "fair_value": 24.363662, "relative_strength": 0.182777, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 74.655915, "energy": 86.208853, "activity_lines": [ 30.482095, 30.091417, 29.560116, 29.218587 ] }, { "date": "2026-01-30", "close": 30.967191, "volume": 15753590, "typical_volume": 15287069.1, "trend": 28.857151, "fair_value": 24.425692, "relative_strength": 0.841008, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 79.456771, "energy": 90.449845, "activity_lines": [ 30.704403, 30.312891, 29.727757, 29.361673 ] }, { "date": "2026-02-06", "close": 31.942692, "volume": 21696237, "typical_volume": 15638894.9, "trend": 29.002374, "fair_value": 24.494768, "relative_strength": 4.141364, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 91.836976, "energy": 94.810239, "activity_lines": [ 31.174236, 30.665233, 29.976563, 29.56074 ] }, { "date": "2026-02-13", "close": 31.952647, "volume": 20959673, "typical_volume": 16047807.95, "trend": 29.148586, "fair_value": 24.564066, "relative_strength": 5.404855, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 84.858158, "energy": 91.40399, "activity_lines": [ 31.502058, 30.970811, 30.210449, 29.75108 ] }, { "date": "2026-02-20", "close": 32.072096, "volume": 23849811, "typical_volume": 16599219.65, "trend": 29.285647, "fair_value": 24.637423, "relative_strength": 4.540947, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 80.917933, "energy": 91.543074, "activity_lines": [ 31.771482, 31.250611, 30.440349, 29.939694 ] }, { "date": "2026-02-27", "close": 32.08205, "volume": 20292490, "typical_volume": 17020152.25, "trend": 29.448647, "fair_value": 24.709178, "relative_strength": 5.049133, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 74.724619, "energy": 89.63116, "activity_lines": [ 31.96061, 31.48589, 30.656398, 30.120107 ] }, { "date": "2026-03-06", "close": 30.947283, "volume": 26695403, "typical_volume": 17494379.4, "trend": 29.561347, "fair_value": 24.780661, "relative_strength": 3.387139, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.642474, "energy": 64.813212, "activity_lines": [ 31.675259, 31.466887, 30.745756, 30.216793 ] }, { "date": "2026-03-13", "close": 30.549119, "volume": 24969135, "typical_volume": 17976124.3, "trend": 29.651582, "fair_value": 24.851734, "relative_strength": 3.612443, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 51.215518, "energy": 45.113714, "activity_lines": [ 31.258514, 31.354677, 30.786336, 30.28052 ] }, { "date": "2026-03-20", "close": 30.081277, "volume": 32745747, "typical_volume": 18740070.85, "trend": 29.709152, "fair_value": 24.918737, "relative_strength": 3.896207, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 29.082175, "energy": 24.702337, "activity_lines": [ 30.778727, 31.143107, 30.775143, 30.308242 ] }, { "date": "2026-03-27", "close": 30.03, "volume": 23017340, "typical_volume": 19134884.7, "trend": 29.766325, "fair_value": 24.980341, "relative_strength": 6.068223, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 13.056168, "energy": 27.45502, "activity_lines": [ 30.406605, 30.929454, 30.752098, 30.328942 ] }, { "date": "2026-04-03", "close": 30.68, "volume": 25063920, "typical_volume": 19597942.1, "trend": 29.84812, "fair_value": 25.046271, "relative_strength": 4.793615, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 19.494676, "energy": 26.378305, "activity_lines": [ 30.38729, 30.848307, 30.784421, 30.387889 ] }, { "date": "2026-04-10", "close": 31.49, "volume": 39945883, "typical_volume": 20573568.55, "trend": 29.947723, "fair_value": 25.115976, "relative_strength": 3.807707, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 41.182952, "energy": 24.922327, "activity_lines": [ 30.731445, 30.913683, 30.884444, 30.493817 ] }, { "date": "2026-04-17", "close": 32.09, "volume": 20430965, "typical_volume": 20980066.1, "trend": 30.063714, "fair_value": 25.189169, "relative_strength": 1.296152, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 66.891473, "energy": 38.256104, "activity_lines": [ 31.239418, 31.078643, 31.026942, 30.632028 ] }, { "date": "2026-04-24", "close": 31.88427, "volume": 17889797, "typical_volume": 21043375.25, "trend": 30.168967, "fair_value": 25.261102, "relative_strength": 0.167924, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 62.808686, "energy": 55.765413, "activity_lines": [ 31.57609, 31.20352, 31.136425, 30.749483 ] }, { "date": "2026-05-01", "close": 32.213142, "volume": 15839846, "typical_volume": 20919822.7, "trend": 30.277264, "fair_value": 25.3372, "relative_strength": 0.305899, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 68.195809, "energy": 72.035769, "activity_lines": [ 31.902186, 31.389435, 31.265114, 30.881366 ] }, { "date": "2026-05-08", "close": 32.521735, "volume": 14578289, "typical_volume": 20596259.55, "trend": 30.422244, "fair_value": 25.416633, "relative_strength": -0.982038, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 73.488195, "energy": 78.324471, "activity_lines": [ 32.185604, 31.628893, 31.410387, 31.02617 ] }, { "date": "2026-05-15", "close": 32.412234, "volume": 16722735, "typical_volume": 20846485.05, "trend": 30.547075, "fair_value": 25.494665, "relative_strength": -1.463142, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 68.146637, "energy": 74.502508, "activity_lines": [ 32.309738, 31.840448, 31.530577, 31.154557 ] }, { "date": "2026-05-22", "close": 33.15883, "volume": 16299029, "typical_volume": 21104268.1, "trend": 30.684585, "fair_value": 25.579639, "relative_strength": -0.033409, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 79.988112, "energy": 77.824415, "activity_lines": [ 32.621256, 32.161112, 31.709444, 31.323057 ] }, { "date": "2026-05-29", "close": 33.417651, "volume": 11992340, "typical_volume": 20931233.6, "trend": 30.84458, "fair_value": 25.664016, "relative_strength": -0.658966, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 79.565128, "energy": 79.901215, "activity_lines": [ 32.947793, 32.481385, 31.896789, 31.499384 ] }, { "date": "2026-06-05", "close": 33.367877, "volume": 16185264, "typical_volume": 20930395.6, "trend": 31.001597, "fair_value": 25.746718, "relative_strength": 1.721088, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 73.74685, "energy": 78.38918, "activity_lines": [ 33.155512, 32.731947, 32.065402, 31.662177 ] }, { "date": "2026-06-12", "close": 34.313566, "volume": 34378111, "typical_volume": 21965280.25, "trend": 31.188816, "fair_value": 25.832547, "relative_strength": 3.953371, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 86.296862, "energy": 88.791864, "activity_lines": [ 33.601479, 33.093764, 32.311938, 31.875853 ] }, { "date": "2026-06-19", "close": 34.403158, "volume": 12222573, "typical_volume": 21788729.4, "trend": 31.388591, "fair_value": 25.922004, "relative_strength": 3.227058, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 81.327559, "energy": 90.272168, "activity_lines": [ 33.957854, 33.405806, 32.549507, 32.08323 ] }, { "date": "2026-06-26", "close": 34.46, "volume": 16294789, "typical_volume": 21518657.0, "trend": 31.561554, "fair_value": 26.008171, "relative_strength": 5.793311, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 76.184127, "energy": 87.046607, "activity_lines": [ 34.200449, 33.675215, 32.776128, 32.281385 ] }, { "date": "2026-07-03", "close": 34.43, "volume": 13713100, "typical_volume": 21156328.35, "trend": 31.731207, "fair_value": 26.095712, "relative_strength": 3.398465, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 71.181603, "energy": 83.359396, "activity_lines": [ 34.346299, 33.89608, 32.987904, 32.466446 ] }, { "date": "2026-07-10", "close": 34.39, "volume": 11386483, "typical_volume": 20533161.95, "trend": 31.893412, "fair_value": 26.180606, "relative_strength": 1.850772, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.848807, "energy": 74.61225, "activity_lines": [ 34.411325, 34.063385, 33.184074, 32.637981 ] }, { "date": "2026-07-17", "close": 33.81, "volume": 15422234, "typical_volume": 20289649.15, "trend": 32.038938, "fair_value": 26.259052, "relative_strength": 1.656747, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.650702, "energy": 57.868693, "activity_lines": [ 34.214877, 34.085657, 33.313969, 32.761632 ] }, { "date": "2026-07-24", "close": 34.24, "volume": 18849876, "typical_volume": 19897372.8, "trend": 32.186853, "fair_value": 26.339551, "relative_strength": 3.469676, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 62.955081, "energy": 51.734649, "activity_lines": [ 34.195333, 34.162688, 33.476587, 32.903636 ] }, { "date": "2026-07-31", "close": 34.07, "volume": 18736594, "typical_volume": 19585745.75, "trend": 32.330428, "fair_value": 26.421229, "relative_strength": 1.778988, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 48.777826, "energy": 41.395587, "activity_lines": [ 34.13, 34.175577, 33.607335, 33.025129 ] }, { "date": "2026-08-07", "close": 34.86, "volume": 20316691, "typical_volume": 18964292.95, "trend": 32.476447, "fair_value": 26.50737, "relative_strength": 0.548608, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 72.116318, "energy": 49.959279, "activity_lines": [ 34.354, 34.315536, 33.796556, 33.188327 ] } ], "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." } } }