{ "ticker": { "uuid": "ea0fbc58-46e6-4b8e-968c-1219a5dfec38", "symbol": "XUS", "name": "iShares Core S&P 500 Index ETF", "exchange": "TOR", "country": "CA", "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": "^GSPTSE", "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": 77.788, "architecture_energy": 57.029, "architecture_maturity": 83.386, "architecture_confidence": 65.763, "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": 17.96, "rotation_up": 48.92, "upward_expansion": 80.53, "deceleration": 71.33, "rotation_down": 28.89, "downward_expansion": 9.53 }, "activity_lines": [ 65.506001, 65.296114, 64.291215, 62.770415 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.5 }, "latest_close": 66.830002, "trend_reference": 61.049125, "distance_from_trend": 0.094692, "trend_direction": "Improving", "fair_value": 50.010958, "distance_from_fair_value": 0.336307, "fair_value_direction": "Improving", "relative_strength": -0.067927, "relative_strength_direction": "Improving", "price_momentum": 0.143762, "excess_performance": 0.023341, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.094692, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.037564, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.336307, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.024281, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.000679, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.014055, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.143762, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 4.021726, "read": "Demand-led" } ], "volume": { "latest": 310100, "relative_activity": 0.690592, "balance": 4.021726, "dry_up": 0.951819, "accumulation_observations": 3, "distribution_observations": 1 }, "risk": { "range_context": 0.02343, "annualized_volatility": 0.133531, "from_high_reference": -0.01139, "from_low_reference": 0.239227 }, "levels": { "trend_reference": 61.049125, "fair_value_reference": 50.010958, "structural_low": 54.41, "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 44, "median_return": 0.017741, "positive_rate": 0.704545, "directional_follow_through": 0.704545, "median_excess_return": 0.001905, "regime_survival": 0.818182, "best_return": 0.063886, "worst_return": -0.051056, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 13, "median_return": 0.035516, "positive_rate": 0.769231, "directional_follow_through": 0.769231, "median_excess_return": 0.002262, "regime_survival": 0.615385, "best_return": 0.177388, "worst_return": -0.041666, "sufficient": true }, { "horizon": "Extended", "sample_count": 8, "median_return": 0.070765, "positive_rate": 0.75, "directional_follow_through": 0.75, "median_excess_return": 0.039828, "regime_survival": 0.625, "best_return": 0.181384, "worst_return": -0.139123, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 4, "median_return": 0.144922, "positive_rate": 0.75, "directional_follow_through": 0.75, "median_excess_return": 0.062272, "regime_survival": 0.75, "best_return": 0.378534, "worst_return": -0.060955, "sufficient": false } ], "ledger": [ { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-05-24", "end": "2024-08-09", "tenure": "Developing", "return": 0.01439, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-08-16", "end": "2024-08-30", "tenure": "New", "return": 0.002122, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-09-06", "end": "2025-02-28", "tenure": "Established", "return": 0.179119, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-03-07", "end": "2025-03-28", "tenure": "New", "return": -0.036367, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-04-04", "end": "2025-04-18", "tenure": "New", "return": 0.012946, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-04-25", "end": "2025-05-30", "tenure": "Developing", "return": 0.060593, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-06-06", "end": "2025-06-27", "tenure": "New", "return": 0.029466, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-07-04", "end": "2025-08-08", "tenure": "Developing", "return": 0.034954, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-08-15", "end": "2026-02-06", "tenure": "Established", "return": 0.066406, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-02-13", "end": "2026-03-13", "tenure": "Developing", "return": -0.020699, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2026-03-20", "end": "2026-04-03", "tenure": "New", "return": 0.026821, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-04-10", "end": "2026-04-24", "tenure": "New", "return": 0.034046, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2026-05-01", "end": "2026-05-08", "tenure": "New", "return": 0.029421, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-05-15", "end": "2026-08-07", "tenure": "Established", "return": 0.063546, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 35.620796, "volume": 1413600, "typical_volume": 1126670.0, "trend": 33.985132, "fair_value": 31.399144, "relative_strength": 9.396418, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.463736, "energy": 57.757214, "activity_lines": [ 35.968631, 35.820938, 35.233752, 34.682754 ] }, { "date": "2023-08-25", "close": 36.081451, "volume": 1098400, "typical_volume": 1141130.0, "trend": 34.109685, "fair_value": 31.459209, "relative_strength": 10.408584, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.971911, "energy": 52.965327, "activity_lines": [ 35.980269, 35.909788, 35.367781, 34.818001 ] }, { "date": "2023-09-01", "close": 36.993069, "volume": 1669400, "typical_volume": 1170610.0, "trend": 34.239717, "fair_value": 31.529559, "relative_strength": 9.023389, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 81.6811, "energy": 62.246387, "activity_lines": [ 36.2919, 36.143696, 35.574672, 35.004025 ] }, { "date": "2023-09-08", "close": 36.639084, "volume": 696000, "typical_volume": 1161410.0, "trend": 34.373859, "fair_value": 31.600191, "relative_strength": 10.213033, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.912052, "energy": 57.522985, "activity_lines": [ 36.450299, 36.266948, 35.729458, 35.158823 ] }, { "date": "2023-09-15", "close": 36.27541, "volume": 968600, "typical_volume": 1150970.0, "trend": 34.488164, "fair_value": 31.669361, "relative_strength": 5.99703, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.881627, "energy": 55.821434, "activity_lines": [ 36.446419, 36.301596, 35.834773, 35.281504 ] }, { "date": "2023-09-22", "close": 35.116501, "volume": 979200, "typical_volume": 1125840.0, "trend": 34.58216, "fair_value": 31.729873, "relative_strength": 6.782794, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 38.635476, "energy": 35.125237, "activity_lines": [ 36.044599, 36.10411, 35.818046, 35.322042 ] }, { "date": "2023-09-29", "close": 35.092255, "volume": 936400, "typical_volume": 1115640.0, "trend": 34.65542, "fair_value": 31.788548, "relative_strength": 7.764744, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 23.143791, "energy": 18.762538, "activity_lines": [ 35.668316, 35.914734, 35.789646, 35.354951 ] }, { "date": "2023-10-06", "close": 35.50927, "volume": 744800, "typical_volume": 1089360.0, "trend": 34.773596, "fair_value": 31.845966, "relative_strength": 10.406722, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 23.114272, "energy": 24.478499, "activity_lines": [ 35.496985, 35.818107, 35.7934, 35.410038 ] }, { "date": "2023-10-13", "close": 35.601402, "volume": 814400, "typical_volume": 1029180.0, "trend": 34.887773, "fair_value": 31.902834, "relative_strength": 9.190482, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 9.317022, "energy": 21.633828, "activity_lines": [ 35.455284, 35.755599, 35.798643, 35.463445 ] }, { "date": "2023-10-20", "close": 34.912842, "volume": 807600, "typical_volume": 985180.0, "trend": 34.964212, "fair_value": 31.956938, "relative_strength": 8.758828, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -7.214866, "energy": 20.528666, "activity_lines": [ 35.253243, 35.575569, 35.732259, 35.465063 ] }, { "date": "2023-10-27", "close": 34.447338, "volume": 1123400, "typical_volume": 999260.0, "trend": 35.005047, "fair_value": 32.015831, "relative_strength": 9.203726, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -34.877695, "energy": 32.280058, "activity_lines": [ 34.986871, 35.332501, 35.619645, 35.431716 ] }, { "date": "2023-11-03", "close": 35.931129, "volume": 915200, "typical_volume": 956640.0, "trend": 35.097752, "fair_value": 32.075052, "relative_strength": 7.341995, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 15.042864, "energy": 16.057592, "activity_lines": [ 35.259706, 35.38055, 35.648341, 35.491463 ] }, { "date": "2023-11-10", "close": 36.760311, "volume": 571800, "typical_volume": 953090.0, "trend": 35.218739, "fair_value": 32.134788, "relative_strength": 10.389044, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 49.913775, "energy": 21.095161, "activity_lines": [ 35.753011, 35.582092, 35.751304, 35.598725 ] }, { "date": "2023-11-17", "close": 37.371284, "volume": 663400, "typical_volume": 934570.0, "trend": 35.346995, "fair_value": 32.200391, "relative_strength": 8.990471, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 63.761975, "energy": 46.566604, "activity_lines": [ 36.366571, 35.898952, 35.901438, 35.737599 ] }, { "date": "2023-11-24", "close": 37.526459, "volume": 377600, "typical_volume": 922550.0, "trend": 35.47038, "fair_value": 32.264227, "relative_strength": 9.47829, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 75.416407, "energy": 73.100713, "activity_lines": [ 36.913864, 36.230713, 36.056976, 35.878209 ] }, { "date": "2023-12-01", "close": 37.453724, "volume": 592400, "typical_volume": 905510.0, "trend": 35.613838, "fair_value": 32.327688, "relative_strength": 7.111863, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 70.244591, "energy": 81.333629, "activity_lines": [ 37.262671, 36.526503, 36.194018, 36.006167 ] }, { "date": "2023-12-08", "close": 37.802849, "volume": 730200, "typical_volume": 909880.0, "trend": 35.757122, "fair_value": 32.395336, "relative_strength": 8.444892, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 75.91783, "energy": 84.791146, "activity_lines": [ 37.527426, 36.843275, 36.35646, 36.147394 ] }, { "date": "2023-12-15", "close": 38.151978, "volume": 568800, "typical_volume": 901870.0, "trend": 35.896214, "fair_value": 32.462613, "relative_strength": 8.099703, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 78.270449, "energy": 85.405756, "activity_lines": [ 37.783777, 37.174242, 36.543678, 36.3019 ] }, { "date": "2023-12-22", "close": 38.103489, "volume": 542600, "typical_volume": 872670.0, "trend": 36.021959, "fair_value": 32.529608, "relative_strength": 5.872926, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 73.282336, "energy": 82.823644, "activity_lines": [ 37.931187, 37.448343, 36.718242, 36.444305 ] }, { "date": "2023-12-29", "close": 38.230621, "volume": 454800, "typical_volume": 833430.0, "trend": 36.145835, "fair_value": 32.595925, "relative_strength": 5.570204, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 73.02656, "energy": 79.02158, "activity_lines": [ 38.072161, 37.700067, 36.895008, 36.5868 ] }, { "date": "2024-01-05", "close": 37.932781, "volume": 572000, "typical_volume": 791350.0, "trend": 36.262033, "fair_value": 32.657372, "relative_strength": 4.578238, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.963568, "energy": 66.985696, "activity_lines": [ 38.066911, 37.837315, 37.033267, 36.702086 ] }, { "date": "2024-01-12", "close": 38.772587, "volume": 574600, "typical_volume": 765160.0, "trend": 36.389671, "fair_value": 32.726257, "relative_strength": 6.298799, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 79.738185, "energy": 70.93629, "activity_lines": [ 38.309659, 38.063883, 37.240498, 36.864058 ] }, { "date": "2024-01-19", "close": 39.290142, "volume": 900200, "typical_volume": 726700.0, "trend": 36.551114, "fair_value": 32.795076, "relative_strength": 7.751828, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 85.105218, "energy": 83.453904, "activity_lines": [ 38.660275, 38.332889, 37.484205, 37.051185 ] }, { "date": "2024-01-26", "close": 39.749107, "volume": 788400, "typical_volume": 731320.0, "trend": 36.695998, "fair_value": 32.872003, "relative_strength": 7.502016, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 86.918586, "energy": 90.991476, "activity_lines": [ 39.088003, 38.639346, 37.760685, 37.257507 ] }, { "date": "2024-02-02", "close": 40.374077, "volume": 728800, "typical_volume": 719330.0, "trend": 36.871897, "fair_value": 32.945141, "relative_strength": 9.01637, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 90.313982, "energy": 95.781158, "activity_lines": [ 39.614346, 39.016201, 38.081875, 37.494802 ] }, { "date": "2024-02-09", "close": 40.91116, "volume": 668000, "typical_volume": 703770.0, "trend": 37.042101, "fair_value": 33.020181, "relative_strength": 10.422339, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 90.479441, "energy": 96.347716, "activity_lines": [ 40.17682, 39.438933, 38.434699, 37.7554 ] }, { "date": "2024-02-16", "close": 40.86721, "volume": 667200, "typical_volume": 690310.0, "trend": 37.203565, "fair_value": 33.097448, "relative_strength": 8.646107, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 82.355924, "energy": 93.581532, "activity_lines": [ 40.526085, 39.790812, 38.755744, 38.002181 ] }, { "date": "2024-02-23", "close": 41.609367, "volume": 659800, "typical_volume": 686060.0, "trend": 37.37506, "fair_value": 33.182311, "relative_strength": 9.393867, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 88.805436, "energy": 95.675725, "activity_lines": [ 40.983094, 40.221912, 39.119971, 38.286426 ] }, { "date": "2024-03-01", "close": 42.205044, "volume": 602200, "typical_volume": 675450.0, "trend": 37.581119, "fair_value": 33.270571, "relative_strength": 9.815272, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 90.172255, "energy": 95.234152, "activity_lines": [ 41.484048, 40.698455, 39.51188, 38.598038 ] }, { "date": "2024-03-08", "close": 41.912086, "volume": 886400, "typical_volume": 679390.0, "trend": 37.774827, "fair_value": 33.354897, "relative_strength": 7.762152, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 76.128584, "energy": 79.023944, "activity_lines": [ 41.723619, 41.04716, 39.844443, 38.877456 ] }, { "date": "2024-03-15", "close": 42.009739, "volume": 576600, "typical_volume": 652050.0, "trend": 37.987792, "fair_value": 33.440726, "relative_strength": 7.158016, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 73.74555, "energy": 70.360284, "activity_lines": [ 41.893208, 41.346684, 40.152977, 39.150676 ] }, { "date": "2024-03-22", "close": 43.191326, "volume": 697600, "typical_volume": 641170.0, "trend": 38.224788, "fair_value": 33.530201, "relative_strength": 9.154355, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 90.61246, "energy": 76.145523, "activity_lines": [ 42.38342, 41.786916, 40.538031, 39.486387 ] }, { "date": "2024-03-29", "close": 43.166912, "volume": 389800, "typical_volume": 632070.0, "trend": 38.430583, "fair_value": 33.617828, "relative_strength": 7.853173, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 83.173319, "energy": 73.373219, "activity_lines": [ 42.710553, 42.142368, 40.886188, 39.805234 ] }, { "date": "2024-04-05", "close": 42.878841, "volume": 600000, "typical_volume": 628900.0, "trend": 38.638575, "fair_value": 33.698834, "relative_strength": 6.342467, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 70.669191, "energy": 68.630153, "activity_lines": [ 42.837826, 42.374957, 41.176401, 40.092219 ] }, { "date": "2024-04-12", "close": 42.815369, "volume": 646400, "typical_volume": 642340.0, "trend": 38.856573, "fair_value": 33.776926, "relative_strength": 7.557655, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.977509, "energy": 67.499052, "activity_lines": [ 42.899022, 42.539101, 41.434344, 40.361689 ] }, { "date": "2024-04-19", "close": 41.418949, "volume": 888000, "typical_volume": 657120.0, "trend": 39.066655, "fair_value": 33.846791, "relative_strength": 4.183657, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.827592, "energy": 60.520271, "activity_lines": [ 42.434526, 42.404964, 41.534108, 40.527004 ] }, { "date": "2024-04-26", "close": 42.288044, "volume": 523800, "typical_volume": 646800.0, "trend": 39.306515, "fair_value": 33.924977, "relative_strength": 5.268989, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 50.07642, "energy": 46.915323, "activity_lines": [ 42.299114, 42.419611, 41.697762, 40.734835 ] }, { "date": "2024-05-03", "close": 42.551708, "volume": 445000, "typical_volume": 640610.0, "trend": 39.541263, "fair_value": 34.004974, "relative_strength": 5.66932, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 50.637256, "energy": 42.288897, "activity_lines": [ 42.311809, 42.456364, 41.865168, 40.944203 ] }, { "date": "2024-05-10", "close": 43.33292, "volume": 330200, "typical_volume": 629990.0, "trend": 39.79898, "fair_value": 34.092758, "relative_strength": 5.531968, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 74.778984, "energy": 51.098482, "activity_lines": [ 42.625922, 42.618021, 42.086025, 41.188826 ] }, { "date": "2024-05-17", "close": 43.826061, "volume": 378200, "typical_volume": 626160.0, "trend": 40.096087, "fair_value": 34.185456, "relative_strength": 5.678961, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 79.70162, "energy": 62.768239, "activity_lines": [ 43.074143, 42.848834, 42.328945, 41.448637 ] }, { "date": "2024-05-24", "close": 44.021366, "volume": 266600, "typical_volume": 610890.0, "trend": 40.415221, "fair_value": 34.276717, "relative_strength": 6.560923, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 78.890823, "energy": 80.598334, "activity_lines": [ 43.520086, 43.080358, 42.56382, 41.701881 ] }, { "date": "2024-05-31", "close": 43.703995, "volume": 353000, "typical_volume": 599810.0, "trend": 40.674317, "fair_value": 34.364856, "relative_strength": 5.776144, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.983001, "energy": 76.896064, "activity_lines": [ 43.686745, 43.217602, 42.739477, 41.91406 ] }, { "date": "2024-06-07", "close": 44.695164, "volume": 375600, "typical_volume": 573580.0, "trend": 40.938812, "fair_value": 34.457445, "relative_strength": 9.12491, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 82.76494, "energy": 85.585301, "activity_lines": [ 44.089396, 43.525738, 42.986048, 42.17347 ] }, { "date": "2024-06-14", "close": 45.31525, "volume": 425000, "typical_volume": 555410.0, "trend": 41.203611, "fair_value": 34.553283, "relative_strength": 12.12044, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 85.983035, "energy": 88.065865, "activity_lines": [ 44.555846, 43.918831, 43.265936, 42.45582 ] }, { "date": "2024-06-21", "close": 45.49102, "volume": 661600, "typical_volume": 552050.0, "trend": 41.469096, "fair_value": 34.646884, "relative_strength": 12.604839, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 83.026565, "energy": 85.85378, "activity_lines": [ 44.94873, 44.299583, 43.536059, 42.732428 ] }, { "date": "2024-06-28", "close": 45.410355, "volume": 413600, "typical_volume": 539330.0, "trend": 41.734317, "fair_value": 34.736324, "relative_strength": 10.394557, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 74.542827, "energy": 83.748519, "activity_lines": [ 45.203729, 44.617021, 43.774133, 42.986702 ] }, { "date": "2024-07-05", "close": 46.12664, "volume": 234000, "typical_volume": 517670.0, "trend": 42.011777, "fair_value": 34.827442, "relative_strength": 10.840434, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 82.661424, "energy": 89.332403, "activity_lines": [ 45.60489, 44.992121, 44.059, 43.270078 ] }, { "date": "2024-07-12", "close": 46.504402, "volume": 310200, "typical_volume": 500190.0, "trend": 42.290191, "fair_value": 34.920343, "relative_strength": 8.405787, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 82.84549, "energy": 87.446868, "activity_lines": [ 45.970462, 45.366113, 44.3548, 43.559925 ] }, { "date": "2024-07-19", "close": 45.969646, "volume": 390400, "typical_volume": 489600.0, "trend": 42.552396, "fair_value": 35.006477, "relative_strength": 6.783342, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 67.575351, "energy": 70.347533, "activity_lines": [ 46.037166, 45.571009, 44.57636, 43.797309 ] }, { "date": "2024-07-26", "close": 45.905865, "volume": 366200, "typical_volume": 463590.0, "trend": 42.808238, "fair_value": 35.094601, "relative_strength": 5.80169, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.606288, "energy": 65.041961, "activity_lines": [ 46.038983, 45.716368, 44.77392, 44.013662 ] }, { "date": "2024-08-02", "close": 45.0424, "volume": 1138600, "typical_volume": 491690.0, "trend": 43.045225, "fair_value": 35.173849, "relative_strength": 6.289395, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 60.888745, "energy": 52.479276, "activity_lines": [ 45.725323, 45.666919, 44.870227, 44.157801 ] }, { "date": "2024-08-09", "close": 44.654819, "volume": 485400, "typical_volume": 481080.0, "trend": 43.241299, "fair_value": 35.249733, "relative_strength": 4.733907, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 43.402476, "energy": 31.927607, "activity_lines": [ 45.306999, 45.528436, 44.91518, 44.261646 ] }, { "date": "2024-08-16", "close": 46.244385, "volume": 388900, "typical_volume": 481035.0, "trend": 43.473108, "fair_value": 35.331556, "relative_strength": 4.745407, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 54.856093, "energy": 34.193669, "activity_lines": [ 45.516652, 45.661678, 45.104551, 44.455393 ] }, { "date": "2024-08-23", "close": 46.352318, "volume": 407100, "typical_volume": 471390.0, "trend": 43.693215, "fair_value": 35.414496, "relative_strength": 3.767352, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 54.88725, "energy": 34.740369, "activity_lines": [ 45.779617, 45.786376, 45.289547, 44.641149 ] }, { "date": "2024-08-30", "close": 46.342503, "volume": 465800, "typical_volume": 462360.0, "trend": 43.892162, "fair_value": 35.497525, "relative_strength": 3.28731, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 63.276008, "energy": 43.392085, "activity_lines": [ 46.013799, 45.890434, 45.457068, 44.812071 ] }, { "date": "2024-09-06", "close": 44.694069, "volume": 1195000, "typical_volume": 477710.0, "trend": 44.018259, "fair_value": 35.570959, "relative_strength": 1.943458, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 38.668485, "energy": 30.757086, "activity_lines": [ 45.669393, 45.679295, 45.450799, 44.863807 ] }, { "date": "2024-09-13", "close": 46.577995, "volume": 582800, "typical_volume": 480660.0, "trend": 44.208619, "fair_value": 35.656286, "relative_strength": 2.469202, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 64.351007, "energy": 39.737619, "activity_lines": [ 45.976185, 45.823711, 45.608356, 45.028951 ] }, { "date": "2024-09-20", "close": 47.137283, "volume": 861700, "typical_volume": 501495.0, "trend": 44.392882, "fair_value": 35.745898, "relative_strength": 2.198393, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 69.936051, "energy": 43.709871, "activity_lines": [ 46.341195, 46.06161, 45.79875, 45.217897 ] }, { "date": "2024-09-27", "close": 47.255028, "volume": 318600, "typical_volume": 500915.0, "trend": 44.561215, "fair_value": 35.841395, "relative_strength": 1.892169, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 68.224195, "energy": 45.980516, "activity_lines": [ 46.685927, 46.30941, 45.978522, 45.402552 ] }, { "date": "2024-10-04", "close": 47.549389, "volume": 588100, "typical_volume": 511410.0, "trend": 44.749125, "fair_value": 35.939628, "relative_strength": 1.528864, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 70.193056, "energy": 69.081691, "activity_lines": [ 47.068598, 46.587359, 46.167652, 45.595337 ] }, { "date": "2024-10-11", "close": 48.775898, "volume": 501100, "typical_volume": 523135.0, "trend": 44.974664, "fair_value": 36.043569, "relative_strength": 2.668159, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 79.809804, "energy": 79.687659, "activity_lines": [ 47.779646, 47.058428, 46.455862, 45.855129 ] }, { "date": "2024-10-18", "close": 49.354816, "volume": 433900, "typical_volume": 527180.0, "trend": 45.180114, "fair_value": 36.147851, "relative_strength": 2.252474, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 83.913701, "energy": 86.752228, "activity_lines": [ 48.411545, 47.566873, 46.776566, 46.137719 ] }, { "date": "2024-10-25", "close": 49.217445, "volume": 707700, "typical_volume": 543785.0, "trend": 45.381798, "fair_value": 36.248337, "relative_strength": 3.286245, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 76.101087, "energy": 86.359988, "activity_lines": [ 48.812533, 47.964887, 47.057279, 46.398192 ] }, { "date": "2024-11-01", "close": 48.707218, "volume": 670500, "typical_volume": 556060.0, "trend": 45.576077, "fair_value": 36.340118, "relative_strength": 2.895356, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.808503, "energy": 82.441913, "activity_lines": [ 48.904767, 48.216077, 47.267864, 46.612735 ] }, { "date": "2024-11-08", "close": 50.895313, "volume": 803200, "typical_volume": 563140.0, "trend": 45.845409, "fair_value": 36.444529, "relative_strength": 5.136334, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 87.481868, "energy": 90.283507, "activity_lines": [ 49.629553, 48.822286, 47.670686, 46.955912 ] }, { "date": "2024-11-15", "close": 50.45377, "volume": 518600, "typical_volume": 568390.0, "trend": 46.14657, "fair_value": 36.543499, "relative_strength": 3.496566, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 76.652781, "energy": 85.405294, "activity_lines": [ 49.984097, 49.265436, 48.005722, 47.253226 ] }, { "date": "2024-11-22", "close": 50.934566, "volume": 475700, "typical_volume": 580475.0, "trend": 46.434787, "fair_value": 36.647736, "relative_strength": 2.074145, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 78.019112, "energy": 83.493006, "activity_lines": [ 50.387049, 49.691281, 48.362533, 47.562129 ] }, { "date": "2024-11-29", "close": 51.631218, "volume": 411300, "typical_volume": 585530.0, "trend": 46.737437, "fair_value": 36.758504, "relative_strength": 2.46576, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 81.336385, "energy": 88.500278, "activity_lines": [ 50.916901, 50.16458, 48.762796, 47.897382 ] }, { "date": "2024-12-06", "close": 52.622242, "volume": 441500, "typical_volume": 588085.0, "trend": 47.047081, "fair_value": 36.869522, "relative_strength": 4.062071, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 86.396885, "energy": 92.503493, "activity_lines": [ 51.616176, 50.736358, 49.233028, 48.277047 ] }, { "date": "2024-12-13", "close": 52.592804, "volume": 369700, "typical_volume": 588260.0, "trend": 47.339306, "fair_value": 36.981627, "relative_strength": 5.492584, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 81.724393, "energy": 92.159033, "activity_lines": [ 52.044636, 51.205197, 49.668779, 48.634836 ] }, { "date": "2024-12-20", "close": 52.013893, "volume": 668800, "typical_volume": 564770.0, "trend": 47.605724, "fair_value": 37.086893, "relative_strength": 6.891496, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.932497, "energy": 83.734848, "activity_lines": [ 52.166961, 51.477082, 50.017552, 48.936422 ] }, { "date": "2024-12-27", "close": 52.553562, "volume": 263600, "typical_volume": 553680.0, "trend": 47.900709, "fair_value": 37.196399, "relative_strength": 6.836254, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 71.556289, "energy": 74.98316, "activity_lines": [ 52.365166, 51.788215, 50.384525, 49.255637 ] }, { "date": "2025-01-03", "close": 52.443008, "volume": 479400, "typical_volume": 558205.0, "trend": 48.158971, "fair_value": 37.309431, "relative_strength": 5.148026, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.115431, "energy": 64.749901, "activity_lines": [ 52.418588, 52.021089, 50.703355, 49.548689 ] }, { "date": "2025-01-10", "close": 51.347359, "volume": 855900, "typical_volume": 580645.0, "trend": 48.360041, "fair_value": 37.417695, "relative_strength": 3.995165, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.759771, "energy": 56.089085, "activity_lines": [ 52.052674, 51.996107, 50.888321, 49.754391 ] }, { "date": "2025-01-17", "close": 53.015503, "volume": 675200, "typical_volume": 591115.0, "trend": 48.610857, "fair_value": 37.548688, "relative_strength": 5.847332, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 74.250211, "energy": 57.587058, "activity_lines": [ 52.327799, 52.226421, 51.208372, 50.054744 ] }, { "date": "2025-01-24", "close": 53.479431, "volume": 682200, "typical_volume": 565475.0, "trend": 48.879826, "fair_value": 37.677719, "relative_strength": 4.873828, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 75.414765, "energy": 58.978058, "activity_lines": [ 52.729388, 52.502537, 51.54083, 50.368845 ] }, { "date": "2025-01-31", "close": 53.666973, "volume": 1540600, "typical_volume": 613365.0, "trend": 49.131171, "fair_value": 37.804935, "relative_strength": 4.787087, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 73.862494, "energy": 59.049404, "activity_lines": [ 53.095788, 52.75774, 51.849315, 50.677693 ] }, { "date": "2025-02-07", "close": 52.620678, "volume": 947100, "typical_volume": 617635.0, "trend": 49.335047, "fair_value": 37.92965, "relative_strength": 2.988993, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.285691, "energy": 56.812212, "activity_lines": [ 53.039196, 52.773027, 52.024395, 50.902823 ] }, { "date": "2025-02-14", "close": 53.005634, "volume": 547600, "typical_volume": 629085.0, "trend": 49.56958, "fair_value": 38.059696, "relative_strength": 3.422514, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 60.939705, "energy": 53.616781, "activity_lines": [ 53.099078, 52.840316, 52.210026, 51.139635 ] }, { "date": "2025-02-21", "close": 52.334427, "volume": 438800, "typical_volume": 621620.0, "trend": 49.783865, "fair_value": 38.184617, "relative_strength": 3.341725, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 56.788299, "energy": 42.927917, "activity_lines": [ 52.824672, 52.778596, 52.304349, 51.318012 ] }, { "date": "2025-02-28", "close": 52.699642, "volume": 907900, "typical_volume": 641960.0, "trend": 50.039106, "fair_value": 38.314134, "relative_strength": 2.937658, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 42.184832, "energy": 30.1319, "activity_lines": [ 52.71741, 52.787977, 52.410669, 51.506127 ] }, { "date": "2025-03-07", "close": 50.755116, "volume": 939700, "typical_volume": 667250.0, "trend": 50.24245, "fair_value": 38.436519, "relative_strength": 1.562829, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 16.439326, "energy": 13.784803, "activity_lines": [ 52.013958, 52.43134, 52.313111, 51.552321 ] }, { "date": "2025-03-14", "close": 49.585438, "volume": 1402200, "typical_volume": 701975.0, "trend": 50.353818, "fair_value": 38.541685, "relative_strength": -0.039871, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -14.778329, "energy": 23.530572, "activity_lines": [ 51.114738, 51.894733, 52.097487, 51.509933 ] }, { "date": "2025-03-21", "close": 49.797661, "volume": 725300, "typical_volume": 704715.0, "trend": 50.468663, "fair_value": 38.646688, "relative_strength": -1.308945, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -13.444096, "energy": 30.531244, "activity_lines": [ 50.488608, 51.448667, 51.900322, 51.474052 ] }, { "date": "2025-03-28", "close": 48.909294, "volume": 526100, "typical_volume": 690860.0, "trend": 50.554222, "fair_value": 38.7456, "relative_strength": -2.276233, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -39.277779, "energy": 53.430979, "activity_lines": [ 49.78022, 50.869257, 51.613358, 51.373448 ] }, { "date": "2025-04-04", "close": 44.220718, "volume": 1820000, "typical_volume": 755930.0, "trend": 50.538444, "fair_value": 38.815768, "relative_strength": -5.662445, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "mixed", "direction": -67.048276, "energy": 81.578675, "activity_lines": [ 47.737316, 49.512037, 50.889321, 50.964834 ] }, { "date": "2025-04-11", "close": 45.582874, "volume": 6098900, "typical_volume": 1037090.0, "trend": 50.505273, "fair_value": 38.898019, "relative_strength": -4.36153, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -53.493448, "energy": 77.871299, "activity_lines": [ 46.713726, 48.570822, 50.324694, 50.64512 ] }, { "date": "2025-04-18", "close": 44.793217, "volume": 900400, "typical_volume": 1061545.0, "trend": 50.427138, "fair_value": 38.979474, "relative_strength": -8.326866, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -79.753312, "energy": 90.342324, "activity_lines": [ 45.771732, 47.633016, 49.710346, 50.2766 ] }, { "date": "2025-04-25", "close": 46.915413, "volume": 1002500, "typical_volume": 1089595.0, "trend": 50.415817, "fair_value": 39.079561, "relative_strength": -5.971685, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.742535, "energy": 79.460542, "activity_lines": [ 45.856619, 47.223381, 49.330673, 50.050038 ] }, { "date": "2025-05-02", "close": 48.090031, "volume": 548100, "typical_volume": 1098515.0, "trend": 50.433839, "fair_value": 39.186568, "relative_strength": -4.837525, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.283778, "energy": 51.992085, "activity_lines": [ 46.525195, 47.138045, 49.090044, 49.899987 ] }, { "date": "2025-05-09", "close": 48.326927, "volume": 595200, "typical_volume": 1094835.0, "trend": 50.418873, "fair_value": 39.299664, "relative_strength": -5.566018, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -47.0296, "energy": 35.777622, "activity_lines": [ 47.327354, 47.172952, 48.893419, 49.764057 ] }, { "date": "2025-05-16", "close": 51.090717, "volume": 702500, "typical_volume": 1116780.0, "trend": 50.476736, "fair_value": 39.437364, "relative_strength": -2.541512, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -21.004431, "energy": 20.305592, "activity_lines": [ 48.777029, 47.78987, 48.977569, 49.807402 ] }, { "date": "2025-05-23", "close": 48.859943, "volume": 507900, "typical_volume": 1118205.0, "trend": 50.46482, "fair_value": 39.550068, "relative_strength": -6.390726, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -27.547581, "energy": 24.476192, "activity_lines": [ 49.115923, 47.995091, 48.85623, 49.703093 ] }, { "date": "2025-05-30", "close": 49.758179, "volume": 417600, "typical_volume": 1096290.0, "trend": 50.499852, "fair_value": 39.67304, "relative_strength": -5.689217, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -20.713358, "energy": 21.736985, "activity_lines": [ 49.483114, 48.376818, 48.837499, 49.657503 ] }, { "date": "2025-06-06", "close": 50.439255, "volume": 616200, "typical_volume": 1093340.0, "trend": 50.48465, "fair_value": 39.807325, "relative_strength": -5.20634, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -11.2301, "energy": 19.20183, "activity_lines": [ 49.887812, 48.883095, 48.8912, 49.653593 ] }, { "date": "2025-06-13", "close": 49.817402, "volume": 558700, "typical_volume": 1087165.0, "trend": 50.463438, "fair_value": 39.944906, "relative_strength": -6.449305, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -8.084779, "energy": 13.745734, "activity_lines": [ 49.928611, 49.24849, 48.897946, 49.610545 ] }, { "date": "2025-06-20", "close": 50.301064, "volume": 679000, "typical_volume": 1044085.0, "trend": 50.442321, "fair_value": 40.075896, "relative_strength": -5.324562, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -2.282321, "energy": 12.490583, "activity_lines": [ 50.031266, 49.600066, 48.968192, 49.600069 ] }, { "date": "2025-06-27", "close": 51.925522, "volume": 639600, "typical_volume": 1028710.0, "trend": 50.452131, "fair_value": 40.223856, "relative_strength": -2.858364, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 28.739615, "energy": 32.095852, "activity_lines": [ 50.728051, 50.161213, 49.209177, 49.69576 ] }, { "date": "2025-07-04", "close": 52.203197, "volume": 411200, "typical_volume": 1021890.0, "trend": 50.438163, "fair_value": 40.366395, "relative_strength": -3.484087, "stage": 3, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 33.155225, "energy": 49.01356, "activity_lines": [ 51.313022, 50.643168, 49.479917, 49.808732 ] }, { "date": "2025-07-11", "close": 52.589958, "volume": 513800, "typical_volume": 1025640.0, "trend": 50.438068, "fair_value": 40.512486, "relative_strength": -2.571375, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 37.273034, "energy": 60.786033, "activity_lines": [ 51.863912, 51.099301, 49.791313, 49.947557 ] }, { "date": "2025-07-18", "close": 53.085812, "volume": 648000, "typical_volume": 1012645.0, "trend": 50.473799, "fair_value": 40.658415, "relative_strength": -2.622185, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 47.732846, "energy": 69.492249, "activity_lines": [ 52.436706, 51.563773, 50.148716, 50.11838 ] }, { "date": "2025-07-25", "close": 53.789921, "volume": 479000, "typical_volume": 989610.0, "trend": 50.51501, "fair_value": 40.802116, "relative_strength": -1.925361, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 53.149158, "energy": 76.946228, "activity_lines": [ 53.02631, 52.06974, 50.571338, 50.332323 ] }, { "date": "2025-08-01", "close": 52.867638, "volume": 583200, "typical_volume": 948660.0, "trend": 50.529165, "fair_value": 40.937608, "relative_strength": -1.849916, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 39.012, "energy": 70.010924, "activity_lines": [ 53.075895, 52.358942, 50.891673, 50.484105 ] }, { "date": "2025-08-08", "close": 54.027927, "volume": 393500, "typical_volume": 932070.0, "trend": 50.618517, "fair_value": 41.076277, "relative_strength": -2.311676, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 76.095607, "energy": 83.815811, "activity_lines": [ 53.449435, 52.786239, 51.306881, 50.709832 ] }, { "date": "2025-08-15", "close": 54.791538, "volume": 520000, "typical_volume": 931765.0, "trend": 50.677718, "fair_value": 41.218279, "relative_strength": -1.411808, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 81.852865, "energy": 90.046083, "activity_lines": [ 53.955864, 53.274742, 51.774671, 50.979059 ] }, { "date": "2025-08-22", "close": 54.999798, "volume": 424500, "typical_volume": 861990.0, "trend": 50.728397, "fair_value": 41.369215, "relative_strength": -2.484125, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 79.481812, "energy": 89.109802, "activity_lines": [ 54.384941, 53.721979, 52.234283, 51.257903 ] }, { "date": "2025-08-29", "close": 54.583282, "volume": 340700, "typical_volume": 574080.0, "trend": 50.758941, "fair_value": 41.522415, "relative_strength": -3.937811, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 68.421276, "energy": 86.419827, "activity_lines": [ 54.547581, 53.999259, 52.602899, 51.506605 ] }, { "date": "2025-09-05", "close": 55.208054, "volume": 488000, "typical_volume": 553460.0, "trend": 50.845187, "fair_value": 41.674502, "relative_strength": -4.407261, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 74.749433, "energy": 87.516212, "activity_lines": [ 54.865586, 54.312277, 52.988158, 51.793645 ] }, { "date": "2025-09-12", "close": 56.120422, "volume": 472800, "typical_volume": 526975.0, "trend": 50.949013, "fair_value": 41.838322, "relative_strength": -3.545502, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 84.204069, "energy": 87.439657, "activity_lines": [ 55.331687, 54.731497, 53.410714, 52.133983 ] }, { "date": "2025-09-19", "close": 56.536934, "volume": 599400, "typical_volume": 529540.0, "trend": 51.089096, "fair_value": 42.009315, "relative_strength": -4.341352, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 83.317536, "energy": 80.501426, "activity_lines": [ 55.797125, 55.155224, 53.829105, 52.494494 ] }, { "date": "2025-09-26", "close": 56.9832, "volume": 492600, "typical_volume": 524410.0, "trend": 51.231882, "fair_value": 42.185774, "relative_strength": -3.509231, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 83.901041, "energy": 88.512022, "activity_lines": [ 56.294959, 55.588327, 54.249774, 52.874758 ] }, { "date": "2025-10-03", "close": 57.667477, "volume": 440400, "typical_volume": 511305.0, "trend": 51.462294, "fair_value": 42.36475, "relative_strength": -4.557344, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 85.211336, "energy": 90.846298, "activity_lines": [ 56.888659, 56.074982, 54.694392, 53.289958 ] }, { "date": "2025-10-10", "close": 56.497269, "volume": 750300, "typical_volume": 523425.0, "trend": 51.692688, "fair_value": 42.537236, "relative_strength": -4.456319, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.582981, "energy": 66.753634, "activity_lines": [ 56.886676, 56.278372, 54.996244, 53.614795 ] }, { "date": "2025-10-17", "close": 57.498886, "volume": 1112800, "typical_volume": 558185.0, "trend": 51.949396, "fair_value": 42.710688, "relative_strength": -3.520794, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 74.471899, "energy": 68.53984, "activity_lines": [ 57.132618, 56.59788, 55.35712, 53.989389 ] }, { "date": "2025-10-24", "close": 58.550091, "volume": 692700, "typical_volume": 562010.0, "trend": 52.270756, "fair_value": 42.883586, "relative_strength": -2.470091, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 83.537482, "energy": 71.723822, "activity_lines": [ 57.637064, 57.045408, 55.78125, 54.41524 ] }, { "date": "2025-10-31", "close": 59.105442, "volume": 1006600, "typical_volume": 584405.0, "trend": 52.766913, "fair_value": 43.068746, "relative_strength": -1.191633, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 84.788646, "energy": 72.61113, "activity_lines": [ 58.192416, 57.525572, 56.219647, 54.856187 ] }, { "date": "2025-11-07", "close": 58.153408, "volume": 677900, "typical_volume": 584350.0, "trend": 53.185931, "fair_value": 43.239591, "relative_strength": -1.543769, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.998097, "energy": 65.847103, "activity_lines": [ 58.288941, 57.757991, 56.523146, 55.203703 ] }, { "date": "2025-11-14", "close": 58.212914, "volume": 604700, "typical_volume": 582605.0, "trend": 53.633254, "fair_value": 43.410052, "relative_strength": -2.687589, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.045804, "energy": 64.265853, "activity_lines": [ 58.372906, 57.936317, 56.794919, 55.528025 ] }, { "date": "2025-11-21", "close": 57.369965, "volume": 1077000, "typical_volume": 615895.0, "trend": 53.981739, "fair_value": 43.571922, "relative_strength": -3.475726, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.400071, "energy": 54.621298, "activity_lines": [ 58.061512, 57.906746, 56.956472, 55.769103 ] }, { "date": "2025-11-28", "close": 59.040981, "volume": 658000, "typical_volume": 623105.0, "trend": 54.346771, "fair_value": 43.740949, "relative_strength": -4.409666, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 71.431264, "energy": 53.531175, "activity_lines": [ 58.315718, 58.158278, 57.252566, 56.095506 ] }, { "date": "2025-12-05", "close": 58.579842, "volume": 516300, "typical_volume": 616520.0, "trend": 54.688535, "fair_value": 43.911311, "relative_strength": -4.774997, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.649591, "energy": 49.377006, "activity_lines": [ 58.383484, 58.280437, 57.474023, 56.368607 ] }, { "date": "2025-12-12", "close": 57.994736, "volume": 633500, "typical_volume": 624245.0, "trend": 54.918669, "fair_value": 44.081537, "relative_strength": -6.150275, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 55.753699, "energy": 42.617034, "activity_lines": [ 58.291256, 58.267184, 57.613593, 56.58191 ] }, { "date": "2025-12-19", "close": 58.153408, "volume": 681800, "typical_volume": 629175.0, "trend": 55.228451, "fair_value": 44.254589, "relative_strength": -6.310068, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 46.287996, "energy": 38.771869, "activity_lines": [ 58.262496, 58.276831, 57.748252, 56.790603 ] }, { "date": "2025-12-26", "close": 58.460838, "volume": 176600, "typical_volume": 618330.0, "trend": 55.518539, "fair_value": 44.43059, "relative_strength": -6.263191, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 56.798594, "energy": 38.635617, "activity_lines": [ 58.34018, 58.312262, 57.887019, 56.999144 ] }, { "date": "2026-01-02", "close": 58.099998, "volume": 480400, "typical_volume": 616350.0, "trend": 55.773897, "fair_value": 44.602765, "relative_strength": -6.252551, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 42.636846, "energy": 29.290219, "activity_lines": [ 58.224859, 58.264596, 57.970312, 57.16569 ] }, { "date": "2026-01-09", "close": 59.810001, "volume": 652000, "typical_volume": 627725.0, "trend": 56.106984, "fair_value": 44.781234, "relative_strength": -5.428249, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 73.326781, "energy": 46.863316, "activity_lines": [ 58.742271, 58.536022, 58.200708, 57.426084 ] }, { "date": "2026-01-16", "close": 59.599998, "volume": 578200, "typical_volume": 639600.0, "trend": 56.416949, "fair_value": 44.960057, "relative_strength": -6.692407, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.548003, "energy": 53.09876, "activity_lines": [ 59.107671, 58.756457, 58.388197, 57.651439 ] }, { "date": "2026-01-23", "close": 58.48, "volume": 874800, "typical_volume": 658940.0, "trend": 56.635431, "fair_value": 45.12759, "relative_strength": -8.428636, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 55.833556, "energy": 41.866087, "activity_lines": [ 58.992722, 58.746953, 58.445131, 57.78454 ] }, { "date": "2026-01-30", "close": 58.32, "volume": 1088200, "typical_volume": 689710.0, "trend": 56.839325, "fair_value": 45.289307, "relative_strength": -4.923983, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 53.325959, "energy": 37.403902, "activity_lines": [ 58.802666, 58.703503, 58.471246, 57.893221 ] }, { "date": "2026-02-06", "close": 58.43, "volume": 823100, "typical_volume": 700895.0, "trend": 57.033993, "fair_value": 45.454789, "relative_strength": -6.098218, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 37.97219, "energy": 23.480062, "activity_lines": [ 58.658666, 58.662779, 58.497364, 57.995846 ] }, { "date": "2026-02-13", "close": 57.490002, "volume": 582900, "typical_volume": 705410.0, "trend": 57.180799, "fair_value": 45.612762, "relative_strength": -8.980319, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 17.081682, "energy": 14.162778, "activity_lines": [ 58.179334, 58.462256, 58.424943, 58.025266 ] }, { "date": "2026-02-20", "close": 58.419998, "volume": 478000, "typical_volume": 707290.0, "trend": 57.335135, "fair_value": 45.780219, "relative_strength": -9.218974, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 25.044181, "energy": 16.646058, "activity_lines": [ 58.164667, 58.450638, 58.438679, 58.105214 ] }, { "date": "2026-02-27", "close": 57.98, "volume": 610000, "typical_volume": 700275.0, "trend": 57.505547, "fair_value": 45.941024, "relative_strength": -10.925292, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 9.277543, "energy": 11.760449, "activity_lines": [ 58.082, 58.351288, 58.406928, 58.146818 ] }, { "date": "2026-03-06", "close": 56.610001, "volume": 735000, "typical_volume": 681385.0, "trend": 57.591616, "fair_value": 46.099011, "relative_strength": -9.41605, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -31.751728, "energy": 27.59651, "activity_lines": [ 57.576, 58.006, 58.23764, 58.089041 ] }, { "date": "2026-03-13", "close": 56.299999, "volume": 689500, "typical_volume": 681225.0, "trend": 57.641898, "fair_value": 46.253651, "relative_strength": -8.141547, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -33.452635, "energy": 44.918634, "activity_lines": [ 57.080666, 57.638, 58.043061, 58.005711 ] }, { "date": "2026-03-20", "close": 55.18, "volume": 720300, "typical_volume": 666910.0, "trend": 57.647905, "fair_value": 46.398269, "relative_strength": -6.226163, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -53.40768, "energy": 65.425093, "activity_lines": [ 56.354, 57.099091, 57.75253, 57.846879 ] }, { "date": "2026-03-27", "close": 54.689999, "volume": 765800, "typical_volume": 671305.0, "trend": 57.651462, "fair_value": 46.535883, "relative_strength": -8.68262, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -51.791007, "energy": 70.781417, "activity_lines": [ 55.618, 56.555272, 57.434024, 57.656046 ] }, { "date": "2026-04-03", "close": 56.66, "volume": 750100, "typical_volume": 678575.0, "trend": 57.69986, "fair_value": 46.686588, "relative_strength": -8.48888, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -62.359931, "energy": 66.662149, "activity_lines": [ 55.787333, 56.458909, 57.319631, 57.592081 ] }, { "date": "2026-04-10", "close": 58.349998, "volume": 943600, "typical_volume": 671905.0, "trend": 57.774179, "fair_value": 46.84825, "relative_strength": -7.211181, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -43.106441, "energy": 31.266196, "activity_lines": [ 56.607999, 56.702909, 57.373584, 57.634025 ] }, { "date": "2026-04-17", "close": 60.360001, "volume": 684500, "typical_volume": 673230.0, "trend": 57.901615, "fair_value": 47.020278, "relative_strength": -5.741344, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "mixed", "direction": 16.460162, "energy": 16.175282, "activity_lines": [ 57.982666, 57.311818, 57.614299, 57.800852 ] }, { "date": "2026-04-24", "close": 60.336609, "volume": 706700, "typical_volume": 682750.0, "trend": 58.013395, "fair_value": 47.190225, "relative_strength": -4.431688, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "mixed", "direction": 32.32002, "energy": 36.606583, "activity_lines": [ 59.078869, 57.881383, 57.846506, 57.957949 ] }, { "date": "2026-05-01", "close": 60.605568, "volume": 481400, "typical_volume": 675145.0, "trend": 58.111332, "fair_value": 47.366222, "relative_strength": -3.83711, "stage": 3, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 42.864698, "energy": 46.7133, "activity_lines": [ 59.920952, 58.448094, 58.095962, 58.125186 ] }, { "date": "2026-05-08", "close": 62.388672, "volume": 580500, "typical_volume": 670080.0, "trend": 58.307712, "fair_value": 47.551378, "relative_strength": -1.473459, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 83.647984, "energy": 84.965918, "activity_lines": [ 60.963031, 59.299267, 58.502805, 58.401143 ] }, { "date": "2026-05-15", "close": 62.836937, "volume": 495800, "typical_volume": 686040.0, "trend": 58.485647, "fair_value": 47.736364, "relative_strength": 0.06512, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 82.137314, "energy": 87.762252, "activity_lines": [ 61.77262, 60.151786, 58.932172, 58.693351 ] }, { "date": "2026-05-22", "close": 63.723507, "volume": 422800, "typical_volume": 683160.0, "trend": 58.658094, "fair_value": 47.924776, "relative_strength": -0.360575, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 83.282222, "energy": 90.351427, "activity_lines": [ 62.578603, 61.052282, 59.425135, 59.031278 ] }, { "date": "2026-05-29", "close": 64.530388, "volume": 486200, "typical_volume": 674870.0, "trend": 58.838926, "fair_value": 48.117187, "relative_strength": 0.083825, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 83.268253, "energy": 92.576039, "activity_lines": [ 63.429313, 61.964511, 59.968166, 59.410135 ] }, { "date": "2026-06-05", "close": 63.584049, "volume": 162600, "typical_volume": 654090.0, "trend": 59.019947, "fair_value": 48.303964, "relative_strength": -0.301998, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.561107, "energy": 85.792836, "activity_lines": [ 63.684991, 62.534671, 60.398591, 59.716272 ] }, { "date": "2026-06-12", "close": 64.131927, "volume": 136900, "typical_volume": 617195.0, "trend": 59.217247, "fair_value": 48.49107, "relative_strength": -0.907011, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 70.57124, "energy": 84.671954, "activity_lines": [ 63.92473, 63.042735, 60.862224, 60.046077 ] }, { "date": "2026-06-19", "close": 65.636108, "volume": 70400, "typical_volume": 566305.0, "trend": 59.492785, "fair_value": 48.691001, "relative_strength": 1.349711, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 82.807745, "energy": 88.618391, "activity_lines": [ 64.549645, 63.688434, 61.442198, 60.460197 ] }, { "date": "2026-06-26", "close": 64.209999, "volume": 157500, "typical_volume": 533025.0, "trend": 59.665086, "fair_value": 48.875664, "relative_strength": -0.770782, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.266805, "energy": 68.351521, "activity_lines": [ 64.51258, 63.942365, 61.851513, 60.764534 ] }, { "date": "2026-07-03", "close": 65.610001, "volume": 72000, "typical_volume": 507480.0, "trend": 59.899425, "fair_value": 49.071259, "relative_strength": 0.695436, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 76.211199, "energy": 73.713963, "activity_lines": [ 64.909749, 64.380843, 62.366638, 61.148077 ] }, { "date": "2026-07-10", "close": 66.199997, "volume": 354300, "typical_volume": 501295.0, "trend": 60.172933, "fair_value": 49.266098, "relative_strength": 1.509028, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 78.130117, "energy": 80.667147, "activity_lines": [ 65.431609, 64.830712, 62.899286, 61.554565 ] }, { "date": "2026-07-17", "close": 64.550003, "volume": 490000, "typical_volume": 495295.0, "trend": 60.386153, "fair_value": 49.448962, "relative_strength": -0.788043, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.645545, "energy": 62.575851, "activity_lines": [ 65.229074, 64.878865, 63.237745, 61.836957 ] }, { "date": "2026-07-24", "close": 64.580002, "volume": 415100, "typical_volume": 479300.0, "trend": 60.590125, "fair_value": 49.62919, "relative_strength": -0.90237, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.348223, "energy": 58.429844, "activity_lines": [ 65.008668, 64.893176, 63.547775, 62.107528 ] }, { "date": "2026-07-31", "close": 64.849998, "volume": 494400, "typical_volume": 469545.0, "trend": 60.815125, "fair_value": 49.813976, "relative_strength": 0.036622, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 58.61415, "energy": 50.511494, "activity_lines": [ 64.948667, 64.924885, 63.845566, 62.382358 ] }, { "date": "2026-08-07", "close": 66.830002, "volume": 310100, "typical_volume": 449035.0, "trend": 61.049125, "fair_value": 50.010958, "relative_strength": -0.067927, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 77.788499, "energy": 57.028648, "activity_lines": [ 65.506001, 65.296114, 64.291215, 62.770415 ] } ], "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." } } }