{ "ticker": { "uuid": "ec059688-ec11-4af0-9479-208e731c035a", "symbol": "ILC", "name": "iShares S&P/ASX 20 ETF", "exchange": "ASX", "country": "AU", "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": "^AXJO", "stage": 2, "stage_name": "Advancing", "phase": "2a", "phase_label": "Stage 2A \u00b7 Early advance", "transition": "stage_2_healthy", "transition_label": "Stage 2 trend intact", "confidence": 96.0, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Early expansion", "architecture_gate": "up", "architecture_direction": 87.995, "architecture_energy": 83.048, "architecture_maturity": 11.069, "architecture_confidence": 72.026, "architecture_tenure": "New", "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": 6.77, "rotation_up": 84.3, "upward_expansion": 95.3, "deceleration": 39.12, "rotation_down": 8.97, "downward_expansion": 17.3 }, "activity_lines": [ 35.362667, 34.912891, 34.502878, 34.337386 ], "activity_state": "Wide", "activity_direction": "Expanding", "rotation_direction": "Improving", "price_acceptance": 1.0 }, "latest_close": 36.200001, "trend_reference": 34.042996, "distance_from_trend": 0.063361, "trend_direction": "Improving", "fair_value": 29.97776, "distance_from_fair_value": 0.207562, "fair_value_direction": "Improving", "relative_strength": 3.361568, "relative_strength_direction": "Weakening", "price_momentum": 0.106258, "excess_performance": 0.042552, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.063361, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.028598, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.207562, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.039143, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.033616, "read": "Leading" }, { "label": "Relative strength direction", "positive": false, "value": -0.013519, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.106258, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 2.70549, "read": "Demand-led" } ], "volume": { "latest": 102108, "relative_activity": 0.969024, "balance": 2.70549, "dry_up": 1.073825, "accumulation_observations": 2, "distribution_observations": 1 }, "risk": { "range_context": 0.02025, "annualized_volatility": 0.128394, "from_high_reference": -0.008491, "from_low_reference": 0.181482 }, "levels": { "trend_reference": 34.042996, "fair_value_reference": 29.97776, "structural_low": 32.604017, "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 32, "median_return": 0.002676, "positive_rate": 0.59375, "directional_follow_through": 0.59375, "median_excess_return": 0.001179, "regime_survival": 0.65625, "best_return": 0.052321, "worst_return": -0.049746, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 13, "median_return": 0.005881, "positive_rate": 0.692308, "directional_follow_through": 0.692308, "median_excess_return": 0.002781, "regime_survival": 0.461538, "best_return": 0.091428, "worst_return": -0.095971, "sufficient": true }, { "horizon": "Extended", "sample_count": 7, "median_return": 0.022469, "positive_rate": 0.714286, "directional_follow_through": 0.714286, "median_excess_return": 0.010611, "regime_survival": 0.285714, "best_return": 0.104835, "worst_return": -0.064033, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 4, "median_return": 0.029297, "positive_rate": 0.75, "directional_follow_through": 0.75, "median_excess_return": 0.037817, "regime_survival": 0.25, "best_return": 0.198141, "worst_return": -0.031234, "sufficient": false } ], "ledger": [ { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-03-21", "end": "2025-03-28", "tenure": "New", "return": 0.019244, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-04-04", "end": "2025-05-16", "tenure": "Developing", "return": 0.077845, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-05-23", "end": "2025-06-27", "tenure": "Developing", "return": 0.026365, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-07-04", "end": "2025-09-26", "tenure": "Established", "return": 0.017879, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-10-03", "end": "2025-10-24", "tenure": "New", "return": 0.017066, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-10-31", "end": "2025-11-07", "tenure": "New", "return": -0.006951, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-11-14", "end": "2025-11-28", "tenure": "New", "return": -0.014944, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-12-05", "end": "2025-12-26", "tenure": "New", "return": 0.016828, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-01-02", "end": "2026-02-13", "tenure": "Developing", "return": 0.059781, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-02-20", "end": "2026-03-27", "tenure": "Developing", "return": -0.037628, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-04-03", "end": "2026-04-17", "tenure": "New", "return": 0.03757, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-04-24", "end": "2026-05-15", "tenure": "New", "return": -0.025254, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-05-22", "end": "2026-07-17", "tenure": "Developing", "return": 0.028881, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-07-24", "end": "2026-08-07", "tenure": "New", "return": 0.04413, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 24.299673, "volume": 315815, "typical_volume": 265419.75, "trend": 24.578779, "fair_value": 22.485555, "relative_strength": 0.869056, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 11.877413, "energy": 17.053268, "activity_lines": [ 24.702014, 24.645952, 24.541702, 24.523705 ] }, { "date": "2023-08-25", "close": 24.193487, "volume": 152778, "typical_volume": 240521.8, "trend": 24.541712, "fair_value": 22.526573, "relative_strength": 0.816802, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -9.130895, "energy": 6.391413, "activity_lines": [ 24.504974, 24.576193, 24.509176, 24.498848 ] }, { "date": "2023-09-01", "close": 24.919111, "volume": 108477, "typical_volume": 240955.95, "trend": 24.521586, "fair_value": 22.574988, "relative_strength": 1.432864, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 38.949668, "energy": 16.809219, "activity_lines": [ 24.593465, 24.646693, 24.547352, 24.523196 ] }, { "date": "2023-09-08", "close": 24.689035, "volume": 78590, "typical_volume": 227551.35, "trend": 24.501617, "fair_value": 22.622517, "relative_strength": 2.105043, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 29.914838, "energy": 15.435637, "activity_lines": [ 24.615293, 24.66104, 24.564019, 24.533999 ] }, { "date": "2023-09-15", "close": 25.32617, "volume": 178302, "typical_volume": 230702.9, "trend": 24.519699, "fair_value": 22.67418, "relative_strength": 2.874631, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 60.380836, "energy": 34.02414, "activity_lines": [ 24.855398, 24.787823, 24.642153, 24.587196 ] }, { "date": "2023-09-22", "close": 24.538601, "volume": 160966, "typical_volume": 222065.65, "trend": 24.518485, "fair_value": 22.71844, "relative_strength": 2.552739, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 41.555571, "energy": 31.707123, "activity_lines": [ 24.806433, 24.744704, 24.642612, 24.588416 ] }, { "date": "2023-09-29", "close": 24.538601, "volume": 189433, "typical_volume": 217375.3, "trend": 24.514082, "fair_value": 22.766088, "relative_strength": 2.756687, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 38.868665, "energy": 21.174397, "activity_lines": [ 24.74154, 24.704642, 24.641805, 24.589713 ] }, { "date": "2023-10-06", "close": 24.361618, "volume": 624565, "typical_volume": 237680.3, "trend": 24.512186, "fair_value": 22.807742, "relative_strength": 3.305697, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 19.867923, "energy": 8.450837, "activity_lines": [ 24.594645, 24.638032, 24.623798, 24.579877 ] }, { "date": "2023-10-13", "close": 24.634409, "volume": 523175, "typical_volume": 250812.95, "trend": 24.539094, "fair_value": 22.849805, "relative_strength": 2.951187, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 24.261305, "energy": 14.74164, "activity_lines": [ 24.575846, 24.633892, 24.6329, 24.587762 ] }, { "date": "2023-10-20", "close": 24.15616, "volume": 140195, "typical_volume": 245098.25, "trend": 24.55267, "fair_value": 22.88915, "relative_strength": 3.060226, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -18.554007, "energy": 17.423315, "activity_lines": [ 24.401273, 24.5454, 24.59406, 24.563057 ] }, { "date": "2023-10-27", "close": 24.04788, "volume": 121098, "typical_volume": 239345.5, "trend": 24.536838, "fair_value": 22.930925, "relative_strength": 3.598427, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -32.732136, "energy": 34.913802, "activity_lines": [ 24.268607, 24.451254, 24.544748, 24.53049 ] }, { "date": "2023-11-03", "close": 24.517105, "volume": 115397, "typical_volume": 230487.7, "trend": 24.536471, "fair_value": 22.97303, "relative_strength": 3.222152, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -20.545522, "energy": 27.288698, "activity_lines": [ 24.325064, 24.446999, 24.540773, 24.529217 ] }, { "date": "2023-11-10", "close": 24.544176, "volume": 122070, "typical_volume": 230409.2, "trend": 24.521143, "fair_value": 23.010498, "relative_strength": 3.257106, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -7.743892, "energy": 17.61486, "activity_lines": [ 24.391978, 24.441782, 24.540017, 24.529714 ] }, { "date": "2023-11-17", "close": 24.896095, "volume": 121075, "typical_volume": 225418.2, "trend": 24.522539, "fair_value": 23.046452, "relative_strength": 3.560122, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 22.469389, "energy": 9.964914, "activity_lines": [ 24.564028, 24.507367, 24.570812, 24.553904 ] }, { "date": "2023-11-24", "close": 25.004379, "volume": 169591, "typical_volume": 204271.9, "trend": 24.530483, "fair_value": 23.081861, "relative_strength": 4.028528, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 44.90637, "energy": 27.408321, "activity_lines": [ 24.754726, 24.588876, 24.610041, 24.584991 ] }, { "date": "2023-12-01", "close": 24.959261, "volume": 179997, "typical_volume": 203076.2, "trend": 24.553375, "fair_value": 23.115741, "relative_strength": 3.263731, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 54.165126, "energy": 40.769124, "activity_lines": [ 24.873838, 24.668032, 24.639511, 24.612654 ] }, { "date": "2023-12-08", "close": 25.48263, "volume": 154372, "typical_volume": 199828.7, "trend": 24.587249, "fair_value": 23.152282, "relative_strength": 3.543727, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 73.71953, "energy": 65.813951, "activity_lines": [ 25.106646, 24.834698, 24.717623, 24.672606 ] }, { "date": "2023-12-15", "close": 26.321821, "volume": 251181, "typical_volume": 199629.65, "trend": 24.64469, "fair_value": 23.194648, "relative_strength": 3.29687, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 89.27889, "energy": 83.431024, "activity_lines": [ 25.554817, 25.136779, 24.872637, 24.784514 ] }, { "date": "2023-12-22", "close": 26.583506, "volume": 176009, "typical_volume": 200508.85, "trend": 24.726423, "fair_value": 23.237204, "relative_strength": 3.404772, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 90.563561, "energy": 92.812921, "activity_lines": [ 25.971707, 25.4508, 25.046611, 24.909599 ] }, { "date": "2023-12-29", "close": 26.809101, "volume": 95444, "typical_volume": 198926.5, "trend": 24.815971, "fair_value": 23.281901, "relative_strength": 2.971375, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 87.3725, "energy": 94.76944, "activity_lines": [ 26.351301, 25.7704, 25.233469, 25.043965 ] }, { "date": "2024-01-05", "close": 26.63765, "volume": 148531, "typical_volume": 190562.3, "trend": 24.897747, "fair_value": 23.322626, "relative_strength": 3.59142, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 73.360821, "energy": 90.036247, "activity_lines": [ 26.55343, 26.010592, 25.395042, 25.161493 ] }, { "date": "2024-01-12", "close": 26.548256, "volume": 86718, "typical_volume": 187259.3, "trend": 24.960973, "fair_value": 23.36039, "relative_strength": 3.026296, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.965384, "energy": 87.536836, "activity_lines": [ 26.613868, 26.187443, 25.536967, 25.267977 ] }, { "date": "2024-01-19", "close": 26.293596, "volume": 117253, "typical_volume": 187698.1, "trend": 25.033043, "fair_value": 23.397169, "relative_strength": 3.006466, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.818651, "energy": 76.151011, "activity_lines": [ 26.518377, 26.281063, 25.643426, 25.353953 ] }, { "date": "2024-01-26", "close": 26.893866, "volume": 85466, "typical_volume": 188041.9, "trend": 25.112783, "fair_value": 23.441677, "relative_strength": 3.381074, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 76.540862, "energy": 66.463139, "activity_lines": [ 26.624859, 26.452015, 25.800508, 25.474006 ] }, { "date": "2024-02-02", "close": 27.294043, "volume": 257158, "typical_volume": 191984.7, "trend": 25.227344, "fair_value": 23.484072, "relative_strength": 2.860535, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 83.533856, "energy": 69.969527, "activity_lines": [ 26.844042, 26.659404, 25.985203, 25.614732 ] }, { "date": "2024-02-09", "close": 27.030289, "volume": 120099, "typical_volume": 189941.35, "trend": 25.304796, "fair_value": 23.524479, "relative_strength": 2.517464, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.962515, "energy": 64.643814, "activity_lines": [ 26.942978, 26.777206, 26.135408, 25.731051 ] }, { "date": "2024-02-16", "close": 26.975716, "volume": 96030, "typical_volume": 185271.2, "trend": 25.375709, "fair_value": 23.563739, "relative_strength": 2.045348, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.800796, "energy": 63.067288, "activity_lines": [ 26.997546, 26.847432, 26.26855, 25.838853 ] }, { "date": "2024-02-23", "close": 26.975716, "volume": 81506, "typical_volume": 158118.25, "trend": 25.439248, "fair_value": 23.605238, "relative_strength": 2.147142, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.984521, "energy": 60.012527, "activity_lines": [ 27.023618, 26.89051, 26.390087, 25.942079 ] }, { "date": "2024-03-01", "close": 27.366802, "volume": 150765, "typical_volume": 139497.75, "trend": 25.525557, "fair_value": 23.647205, "relative_strength": 2.180322, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 73.1861, "energy": 60.893873, "activity_lines": [ 27.134576, 26.992806, 26.536422, 26.066437 ] }, { "date": "2024-03-08", "close": 27.812458, "volume": 100157, "typical_volume": 137495.85, "trend": 25.621707, "fair_value": 23.691878, "relative_strength": 2.430254, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 81.463307, "energy": 66.41539, "activity_lines": [ 27.362558, 27.161889, 26.71219, 26.213979 ] }, { "date": "2024-03-15", "close": 27.075764, "volume": 142888, "typical_volume": 138585.35, "trend": 25.714243, "fair_value": 23.734318, "relative_strength": 1.944274, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.563098, "energy": 55.536204, "activity_lines": [ 27.310414, 27.178785, 26.800385, 26.307789 ] }, { "date": "2024-03-22", "close": 27.403181, "volume": 109403, "typical_volume": 138285.65, "trend": 25.821233, "fair_value": 23.776119, "relative_strength": 1.78198, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.984155, "energy": 55.007202, "activity_lines": [ 27.364377, 27.247245, 26.905344, 26.416753 ] }, { "date": "2024-03-29", "close": 27.839743, "volume": 102142, "typical_volume": 137289.25, "trend": 25.918588, "fair_value": 23.82052, "relative_strength": 1.688209, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 75.374932, "energy": 60.487409, "activity_lines": [ 27.535363, 27.379535, 27.038137, 26.546979 ] }, { "date": "2024-04-05", "close": 27.448662, "volume": 173825, "typical_volume": 139926.75, "trend": 26.010575, "fair_value": 23.859547, "relative_strength": 1.778594, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 60.529604, "energy": 49.405001, "activity_lines": [ 27.518387, 27.412609, 27.117991, 26.645694 ] }, { "date": "2024-04-12", "close": 27.501059, "volume": 175737, "typical_volume": 140234.05, "trend": 26.083071, "fair_value": 23.897, "relative_strength": 1.703207, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 58.590197, "energy": 47.180961, "activity_lines": [ 27.51342, 27.445122, 27.19068, 26.741854 ] }, { "date": "2024-04-19", "close": 26.66407, "volume": 198959, "typical_volume": 141182.15, "trend": 26.15392, "fair_value": 23.928234, "relative_strength": 1.410373, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 35.277588, "energy": 27.29075, "activity_lines": [ 27.250216, 27.321691, 27.171767, 26.779338 ] }, { "date": "2024-04-26", "close": 26.746849, "volume": 148026, "typical_volume": 140864.85, "trend": 26.227529, "fair_value": 23.961154, "relative_strength": 1.529832, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 26.808913, "energy": 18.449552, "activity_lines": [ 27.042051, 27.21997, 27.15262, 26.817591 ] }, { "date": "2024-05-03", "close": 26.894011, "volume": 112325, "typical_volume": 133922.05, "trend": 26.311942, "fair_value": 23.992505, "relative_strength": 1.286363, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 23.147171, "energy": 19.930137, "activity_lines": [ 26.926696, 27.149166, 27.141468, 26.86059 ] }, { "date": "2024-05-10", "close": 27.427475, "volume": 81880, "typical_volume": 129215.6, "trend": 26.405044, "fair_value": 24.027125, "relative_strength": 1.601568, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 24.63609, "energy": 18.692567, "activity_lines": [ 27.052211, 27.176842, 27.178397, 26.93256 ] }, { "date": "2024-05-17", "close": 27.868965, "volume": 93884, "typical_volume": 129137.6, "trend": 26.528804, "fair_value": 24.064073, "relative_strength": 2.267324, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 61.163003, "energy": 30.160859, "activity_lines": [ 27.326302, 27.283685, 27.253354, 27.027007 ] }, { "date": "2024-05-24", "close": 27.611431, "volume": 118006, "typical_volume": 127611.35, "trend": 26.647589, "fair_value": 24.096707, "relative_strength": 2.347317, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 53.066693, "energy": 35.068588, "activity_lines": [ 27.490021, 27.342676, 27.298737, 27.096854 ] }, { "date": "2024-05-31", "close": 27.409082, "volume": 141655, "typical_volume": 130358.2, "trend": 26.743988, "fair_value": 24.125782, "relative_strength": 1.83643, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 50.33735, "energy": 39.613983, "activity_lines": [ 27.523133, 27.355138, 27.320212, 27.145982 ] }, { "date": "2024-06-07", "close": 28.154093, "volume": 184366, "typical_volume": 133713.85, "trend": 26.864319, "fair_value": 24.160085, "relative_strength": 2.392677, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 69.49469, "energy": 60.221378, "activity_lines": [ 27.760433, 27.502948, 27.408541, 27.236957 ] }, { "date": "2024-06-14", "close": 27.832174, "volume": 151044, "typical_volume": 136992.75, "trend": 26.962188, "fair_value": 24.190968, "relative_strength": 2.885036, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 58.306405, "energy": 53.362417, "activity_lines": [ 27.806421, 27.586513, 27.457351, 27.299399 ] }, { "date": "2024-06-21", "close": 28.135698, "volume": 144914, "typical_volume": 131380.55, "trend": 27.066566, "fair_value": 24.225405, "relative_strength": 2.931906, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.882203, "energy": 56.831802, "activity_lines": [ 27.926604, 27.71829, 27.530601, 27.375109 ] }, { "date": "2024-06-28", "close": 28.04372, "volume": 159880, "typical_volume": 133369.6, "trend": 27.169381, "fair_value": 24.259274, "relative_strength": 2.853977, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 61.419582, "energy": 57.296575, "activity_lines": [ 27.998345, 27.821806, 27.591083, 27.438151 ] }, { "date": "2024-07-05", "close": 28.35585, "volume": 125197, "typical_volume": 134827.95, "trend": 27.265155, "fair_value": 24.296607, "relative_strength": 3.1361, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 68.191896, "energy": 57.012061, "activity_lines": [ 28.145311, 27.956988, 27.676465, 27.514698 ] }, { "date": "2024-07-12", "close": 28.811403, "volume": 160770, "typical_volume": 138791.15, "trend": 27.348141, "fair_value": 24.334943, "relative_strength": 2.856024, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 78.458654, "energy": 68.827611, "activity_lines": [ 28.38101, 28.145743, 27.798662, 27.614456 ] }, { "date": "2024-07-19", "close": 28.922964, "volume": 132119, "typical_volume": 137858.85, "trend": 27.426123, "fair_value": 24.372782, "relative_strength": 2.965092, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 77.64864, "energy": 76.781152, "activity_lines": [ 28.610075, 28.31992, 27.922741, 27.716057 ] }, { "date": "2024-07-26", "close": 28.737022, "volume": 156224, "typical_volume": 140662.2, "trend": 27.490387, "fair_value": 24.408823, "relative_strength": 2.817153, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 67.40392, "energy": 74.53591, "activity_lines": [ 28.70444, 28.433099, 28.021702, 27.800631 ] }, { "date": "2024-08-02", "close": 28.588272, "volume": 148907, "typical_volume": 140963.15, "trend": 27.555408, "fair_value": 24.441285, "relative_strength": 1.882643, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 62.935022, "energy": 61.327655, "activity_lines": [ 28.709133, 28.50345, 28.102094, 27.871463 ] }, { "date": "2024-08-09", "close": 28.021156, "volume": 176779, "typical_volume": 144331.95, "trend": 27.604504, "fair_value": 24.468042, "relative_strength": 1.871905, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 56.117156, "energy": 37.637566, "activity_lines": [ 28.488484, 28.452928, 28.121272, 27.901511 ] }, { "date": "2024-08-16", "close": 28.662649, "volume": 144357, "typical_volume": 146442.7, "trend": 27.683473, "fair_value": 24.503253, "relative_strength": 1.56736, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 49.996523, "energy": 30.856851, "activity_lines": [ 28.50398, 28.507912, 28.198602, 27.969778 ] }, { "date": "2024-08-23", "close": 28.876478, "volume": 90920, "typical_volume": 142297.45, "trend": 27.74956, "fair_value": 24.539785, "relative_strength": 1.542225, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.218613, "energy": 35.553307, "activity_lines": [ 28.600668, 28.592528, 28.292378, 28.046746 ] }, { "date": "2024-08-30", "close": 29.229765, "volume": 150260, "typical_volume": 141023.6, "trend": 27.814084, "fair_value": 24.577975, "relative_strength": 1.816666, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 70.652828, "energy": 43.77181, "activity_lines": [ 28.818218, 28.72239, 28.413001, 28.142243 ] }, { "date": "2024-09-06", "close": 29.183281, "volume": 80304, "typical_volume": 135090.85, "trend": 27.88585, "fair_value": 24.617735, "relative_strength": 2.543828, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.170208, "energy": 61.781192, "activity_lines": [ 28.987424, 28.823909, 28.520965, 28.230579 ] }, { "date": "2024-09-13", "close": 29.517973, "volume": 98838, "typical_volume": 132631.45, "trend": 27.970592, "fair_value": 24.660549, "relative_strength": 2.520687, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 72.844671, "energy": 71.799231, "activity_lines": [ 29.228526, 28.965562, 28.648809, 28.335877 ] }, { "date": "2024-09-20", "close": 29.93634, "volume": 112984, "typical_volume": 132664.4, "trend": 28.06928, "fair_value": 24.707206, "relative_strength": 2.488535, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 79.352309, "energy": 78.818768, "activity_lines": [ 29.509296, 29.162151, 28.803301, 28.462699 ] }, { "date": "2024-09-27", "close": 29.694616, "volume": 115195, "typical_volume": 134330.15, "trend": 28.146873, "fair_value": 24.755797, "relative_strength": 1.55369, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.091274, "energy": 73.239336, "activity_lines": [ 29.624579, 29.294338, 28.920284, 28.56756 ] }, { "date": "2024-10-04", "close": 29.443598, "volume": 95652, "typical_volume": 134418.55, "trend": 28.201245, "fair_value": 24.799367, "relative_strength": 1.403719, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.111725, "energy": 60.652103, "activity_lines": [ 29.601647, 29.366855, 29.002565, 28.651219 ] }, { "date": "2024-10-11", "close": 29.681047, "volume": 101837, "typical_volume": 133610.1, "trend": 28.288088, "fair_value": 24.843582, "relative_strength": 1.353475, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.003815, "energy": 52.733457, "activity_lines": [ 29.643609, 29.469697, 29.099962, 28.746691 ] }, { "date": "2024-10-18", "close": 29.964622, "volume": 66122, "typical_volume": 129833.45, "trend": 28.373469, "fair_value": 24.888685, "relative_strength": 1.409173, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 69.167728, "energy": 50.519231, "activity_lines": [ 29.746911, 29.60423, 29.214511, 28.854854 ] }, { "date": "2024-10-25", "close": 29.832287, "volume": 94666, "typical_volume": 125348.45, "trend": 28.439887, "fair_value": 24.933972, "relative_strength": 1.784691, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.331478, "energy": 45.582174, "activity_lines": [ 29.776325, 29.679367, 29.304288, 28.948971 ] }, { "date": "2024-11-01", "close": 29.473091, "volume": 110827, "typical_volume": 123337.6, "trend": 28.507368, "fair_value": 24.974737, "relative_strength": 1.640869, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 57.488838, "energy": 40.938173, "activity_lines": [ 29.692944, 29.667929, 29.351863, 29.01563 ] }, { "date": "2024-11-08", "close": 30.229294, "volume": 170361, "typical_volume": 124609.95, "trend": 28.598309, "fair_value": 25.019988, "relative_strength": 1.963824, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 72.242488, "energy": 49.929827, "activity_lines": [ 29.876399, 29.783134, 29.463645, 29.126722 ] }, { "date": "2024-11-15", "close": 30.182035, "volume": 191098, "typical_volume": 126170.85, "trend": 28.715575, "fair_value": 25.067466, "relative_strength": 1.865096, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.923958, "energy": 48.331235, "activity_lines": [ 29.991721, 29.871574, 29.560955, 29.228898 ] }, { "date": "2024-11-22", "close": 30.531775, "volume": 101091, "typical_volume": 124965.55, "trend": 28.841739, "fair_value": 25.118528, "relative_strength": 1.665215, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 74.259729, "energy": 58.977381, "activity_lines": [ 30.190224, 30.005444, 29.681392, 29.346072 ] }, { "date": "2024-11-29", "close": 30.579039, "volume": 203835, "typical_volume": 127118.8, "trend": 28.964573, "fair_value": 25.170409, "relative_strength": 1.258568, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 71.773736, "energy": 71.295203, "activity_lines": [ 30.366672, 30.129475, 29.795969, 29.458156 ] }, { "date": "2024-12-06", "close": 30.531775, "volume": 127386, "typical_volume": 126882.15, "trend": 29.06805, "fair_value": 25.219922, "relative_strength": 1.24009, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.872318, "energy": 66.072556, "activity_lines": [ 30.477581, 30.233227, 29.897627, 29.559265 ] }, { "date": "2024-12-13", "close": 30.257652, "volume": 90681, "typical_volume": 123605.0, "trend": 29.147673, "fair_value": 25.268814, "relative_strength": 1.781181, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.699523, "energy": 55.697393, "activity_lines": [ 30.426537, 30.271917, 29.965517, 29.636014 ] }, { "date": "2024-12-20", "close": 29.388018, "volume": 155910, "typical_volume": 123955.15, "trend": 29.206892, "fair_value": 25.309963, "relative_strength": 1.608003, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 32.50326, "energy": 25.390783, "activity_lines": [ 30.083725, 30.137691, 29.943344, 29.65152 ] }, { "date": "2024-12-27", "close": 30.106413, "volume": 34489, "typical_volume": 116840.65, "trend": 29.296803, "fair_value": 25.355614, "relative_strength": 1.576349, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 36.579675, "energy": 20.083202, "activity_lines": [ 30.033312, 30.13941, 29.985781, 29.709554 ] }, { "date": "2025-01-03", "close": 30.134771, "volume": 21691, "typical_volume": 110707.35, "trend": 29.362826, "fair_value": 25.400335, "relative_strength": 1.759115, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 32.304318, "energy": 19.320048, "activity_lines": [ 30.020709, 30.143707, 30.020989, 29.763616 ] }, { "date": "2025-01-10", "close": 30.338955, "volume": 52916, "typical_volume": 108807.15, "trend": 29.446385, "fair_value": 25.447196, "relative_strength": 1.846041, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 38.750646, "energy": 19.767402, "activity_lines": [ 30.105786, 30.179628, 30.068633, 29.826592 ] }, { "date": "2025-01-17", "close": 30.281893, "volume": 43464, "typical_volume": 103467.35, "trend": 29.517925, "fair_value": 25.498051, "relative_strength": 1.400356, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 39.99881, "energy": 24.462293, "activity_lines": [ 30.184696, 30.189432, 30.103878, 29.880496 ] }, { "date": "2025-01-24", "close": 30.500635, "volume": 80946, "typical_volume": 103499.45, "trend": 29.599822, "fair_value": 25.552852, "relative_strength": 0.899945, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 55.551495, "energy": 34.000933, "activity_lines": [ 30.334904, 30.238051, 30.154946, 29.943897 ] }, { "date": "2025-01-31", "close": 30.947638, "volume": 68581, "typical_volume": 101986.6, "trend": 29.686215, "fair_value": 25.609065, "relative_strength": 0.853697, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 69.917993, "energy": 54.881669, "activity_lines": [ 30.559939, 30.36215, 30.242312, 30.030852 ] }, { "date": "2025-02-07", "close": 30.99519, "volume": 86963, "typical_volume": 100685.55, "trend": 29.759008, "fair_value": 25.662417, "relative_strength": 1.199414, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 69.050892, "energy": 63.979121, "activity_lines": [ 30.744743, 30.487334, 30.327399, 30.115302 ] }, { "date": "2025-02-14", "close": 31.194912, "volume": 180710, "typical_volume": 103961.3, "trend": 29.83474, "fair_value": 25.71601, "relative_strength": 1.256055, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 72.42879, "energy": 71.183006, "activity_lines": [ 30.93876, 30.641264, 30.426466, 30.207941 ] }, { "date": "2025-02-21", "close": 29.891958, "volume": 140489, "typical_volume": 106203.15, "trend": 29.873238, "fair_value": 25.765923, "relative_strength": 0.023402, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 42.989225, "energy": 31.075243, "activity_lines": [ 30.641395, 30.546237, 30.394297, 30.211633 ] }, { "date": "2025-02-28", "close": 29.692232, "volume": 178169, "typical_volume": 110019.75, "trend": 29.910036, "fair_value": 25.811234, "relative_strength": 0.806344, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 17.38345, "energy": 9.361859, "activity_lines": [ 30.30345, 30.421545, 30.340971, 30.199955 ] }, { "date": "2025-03-07", "close": 28.826761, "volume": 117047, "typical_volume": 112566.0, "trend": 29.93689, "fair_value": 25.850478, "relative_strength": 0.584389, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "mixed", "direction": -32.30942, "energy": 28.842863, "activity_lines": [ 29.730908, 30.133963, 30.205166, 30.130066 ] }, { "date": "2025-03-14", "close": 28.351229, "volume": 152897, "typical_volume": 115477.55, "trend": 29.926509, "fair_value": 25.882884, "relative_strength": 0.879012, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "mixed", "direction": -41.307131, "energy": 44.122603, "activity_lines": [ 29.141248, 29.783188, 30.029492, 30.027766 ] }, { "date": "2025-03-21", "close": 28.665081, "volume": 100848, "typical_volume": 114978.6, "trend": 29.919463, "fair_value": 25.914032, "relative_strength": 0.129253, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -41.294922, "energy": 66.949153, "activity_lines": [ 28.832468, 29.521904, 29.89076, 29.946383 ] }, { "date": "2025-03-28", "close": 29.216698, "volume": 234927, "typical_volume": 118206.9, "trend": 29.919027, "fair_value": 25.945965, "relative_strength": 1.333735, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -64.236668, "energy": 74.123061, "activity_lines": [ 28.876217, 29.391349, 29.808411, 29.901044 ] }, { "date": "2025-04-04", "close": 28.322699, "volume": 226268, "typical_volume": 119965.4, "trend": 29.890341, "fair_value": 25.972743, "relative_strength": 2.169857, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -73.462043, "energy": 75.512781, "activity_lines": [ 28.666983, 29.117615, 29.645741, 29.798055 ] }, { "date": "2025-04-11", "close": 27.839529, "volume": 232899, "typical_volume": 126555.8, "trend": 29.834393, "fair_value": 25.995635, "relative_strength": 0.647932, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -73.068724, "energy": 56.52252, "activity_lines": [ 28.387995, 28.795631, 29.445909, 29.665744 ] }, { "date": "2025-04-18", "close": 28.501921, "volume": 83497, "typical_volume": 120538.9, "trend": 29.786579, "fair_value": 26.024299, "relative_strength": 0.703003, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -59.034232, "energy": 43.792245, "activity_lines": [ 28.39562, 28.650594, 29.321982, 29.579778 ] }, { "date": "2025-04-25", "close": 29.068312, "volume": 62214, "typical_volume": 117280.3, "trend": 29.765702, "fair_value": 26.057961, "relative_strength": 0.719501, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -55.540606, "energy": 38.549329, "activity_lines": [ 28.581995, 28.653868, 29.261888, 29.533439 ] }, { "date": "2025-05-02", "close": 30.277889, "volume": 114172, "typical_volume": 118454.85, "trend": 29.793512, "fair_value": 26.103272, "relative_strength": 1.393866, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -21.627175, "energy": 14.164299, "activity_lines": [ 29.144681, 28.915731, 29.323961, 29.566483 ] }, { "date": "2025-05-09", "close": 29.961094, "volume": 69552, "typical_volume": 114136.95, "trend": 29.802847, "fair_value": 26.14771, "relative_strength": 0.362388, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -17.720228, "energy": 17.561749, "activity_lines": [ 29.531022, 29.112978, 29.355766, 29.577295 ] }, { "date": "2025-05-16", "close": 30.527483, "volume": 59978, "typical_volume": 115411.4, "trend": 29.821609, "fair_value": 26.195253, "relative_strength": 0.83147, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "mixed", "direction": 13.460676, "energy": 23.279126, "activity_lines": [ 29.996934, 29.408317, 29.438785, 29.624045 ] }, { "date": "2025-05-23", "close": 30.585085, "volume": 81763, "typical_volume": 118415.0, "trend": 29.846702, "fair_value": 26.241217, "relative_strength": 0.7685, "stage": 3, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 26.215803, "energy": 33.225862, "activity_lines": [ 30.302849, 29.683206, 29.525284, 29.673302 ] }, { "date": "2025-05-30", "close": 30.671484, "volume": 111811, "typical_volume": 121359.75, "trend": 29.886648, "fair_value": 26.285841, "relative_strength": 0.127876, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 26.083425, "energy": 42.152708, "activity_lines": [ 30.498686, 29.933189, 29.617867, 29.726514 ] }, { "date": "2025-06-06", "close": 31.199472, "volume": 91465, "typical_volume": 123759.8, "trend": 29.918988, "fair_value": 26.339849, "relative_strength": 0.839026, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 35.509166, "energy": 54.33623, "activity_lines": [ 30.763641, 30.242689, 29.759151, 29.811212 ] }, { "date": "2025-06-13", "close": 31.228275, "volume": 104619, "typical_volume": 124943.45, "trend": 29.953862, "fair_value": 26.404514, "relative_strength": 0.530999, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 41.694935, "energy": 56.724996, "activity_lines": [ 30.976758, 30.521376, 29.898809, 29.895682 ] }, { "date": "2025-06-20", "close": 31.122673, "volume": 104201, "typical_volume": 126724.45, "trend": 29.973559, "fair_value": 26.467134, "relative_strength": 0.657908, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 37.28416, "energy": 51.064397, "activity_lines": [ 31.070196, 30.728034, 30.024945, 29.971089 ] }, { "date": "2025-06-27", "close": 31.391472, "volume": 187396, "typical_volume": 131746.1, "trend": 30.00064, "fair_value": 26.531032, "relative_strength": 1.382458, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 67.106009, "energy": 59.935511, "activity_lines": [ 31.213554, 30.923871, 30.175847, 30.062567 ] }, { "date": "2025-07-04", "close": 31.488073, "volume": 99026, "typical_volume": 127661.9, "trend": 30.032517, "fair_value": 26.592956, "relative_strength": 0.626066, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.56177, "energy": 57.237434, "activity_lines": [ 31.335353, 31.084735, 30.334063, 30.158531 ] }, { "date": "2025-07-11", "close": 31.488073, "volume": 116619, "typical_volume": 126468.4, "trend": 30.073531, "fair_value": 26.656878, "relative_strength": 0.867945, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.75031, "energy": 69.861727, "activity_lines": [ 31.402713, 31.201602, 30.490882, 30.252438 ] }, { "date": "2025-07-18", "close": 32.196648, "volume": 76179, "typical_volume": 121368.9, "trend": 30.167152, "fair_value": 26.722101, "relative_strength": 1.02616, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 80.356873, "energy": 78.337774, "activity_lines": [ 31.687025, 31.425299, 30.707584, 30.389413 ] }, { "date": "2025-07-25", "close": 31.594843, "volume": 84578, "typical_volume": 119745.45, "trend": 30.216766, "fair_value": 26.78006, "relative_strength": 0.161397, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.119305, "energy": 71.412232, "activity_lines": [ 31.706176, 31.49893, 30.855045, 30.481522 ] }, { "date": "2025-08-01", "close": 31.740446, "volume": 123614, "typical_volume": 118281.3, "trend": 30.270288, "fair_value": 26.838305, "relative_strength": 0.645214, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 62.701398, "energy": 70.48925, "activity_lines": [ 31.742384, 31.579627, 31.003192, 30.579824 ] }, { "date": "2025-08-08", "close": 32.070469, "volume": 79085, "typical_volume": 117193.15, "trend": 30.328006, "fair_value": 26.898503, "relative_strength": -0.004151, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 69.816104, "energy": 63.630893, "activity_lines": [ 31.865335, 31.699322, 31.166631, 30.695965 ] }, { "date": "2025-08-15", "close": 32.749931, "volume": 96218, "typical_volume": 110257.7, "trend": 30.410274, "fair_value": 26.959813, "relative_strength": 0.576014, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 80.757324, "energy": 73.03748, "activity_lines": [ 32.175947, 31.91712, 31.378564, 30.852218 ] }, { "date": "2025-08-22", "close": 32.924641, "volume": 87044, "typical_volume": 103296.5, "trend": 30.491074, "fair_value": 27.022028, "relative_strength": 0.749097, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 78.525781, "energy": 78.042137, "activity_lines": [ 32.460671, 32.138493, 31.590312, 31.014435 ] }, { "date": "2025-08-29", "close": 32.856697, "volume": 94008, "typical_volume": 96351.95, "trend": 30.554709, "fair_value": 27.088887, "relative_strength": 0.451112, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 71.677377, "energy": 82.959461, "activity_lines": [ 32.674215, 32.316669, 31.773674, 31.167056 ] }, { "date": "2025-09-05", "close": 32.555798, "volume": 52305, "typical_volume": 94792.35, "trend": 30.606729, "fair_value": 27.152628, "relative_strength": 0.659578, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.85851, "energy": 75.578222, "activity_lines": [ 32.703335, 32.408609, 31.904488, 31.296159 ] }, { "date": "2025-09-12", "close": 33.0023, "volume": 74344, "typical_volume": 95398.85, "trend": 30.666976, "fair_value": 27.221664, "relative_strength": 2.070336, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 71.459765, "energy": 64.754872, "activity_lines": [ 32.826933, 32.560561, 32.058522, 31.450712 ] }, { "date": "2025-09-19", "close": 32.313129, "volume": 95256, "typical_volume": 94453.05, "trend": 30.747681, "fair_value": 27.288767, "relative_strength": 0.960568, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 60.398888, "energy": 48.446583, "activity_lines": [ 32.658685, 32.559678, 32.128188, 31.556915 ] }, { "date": "2025-09-26", "close": 32.051056, "volume": 96749, "typical_volume": 95812.9, "trend": 30.826309, "fair_value": 27.356137, "relative_strength": -0.036605, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 45.275384, "energy": 33.802633, "activity_lines": [ 32.432199, 32.496145, 32.163202, 31.641004 ] }, { "date": "2025-10-03", "close": 32.614033, "volume": 122413, "typical_volume": 98934.65, "trend": 30.952551, "fair_value": 27.420335, "relative_strength": -0.549417, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 45.867739, "energy": 31.240784, "activity_lines": [ 32.451612, 32.537618, 32.241881, 31.756341 ] }, { "date": "2025-10-10", "close": 32.530437, "volume": 92827, "typical_volume": 99487.85, "trend": 31.091858, "fair_value": 27.483221, "relative_strength": -0.491571, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 39.331799, "energy": 24.079501, "activity_lines": [ 32.459336, 32.545361, 32.302663, 31.85814 ] }, { "date": "2025-10-17", "close": 32.796356, "volume": 108023, "typical_volume": 99298.45, "trend": 31.229567, "fair_value": 27.550304, "relative_strength": -0.105756, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 47.908844, "energy": 29.140088, "activity_lines": [ 32.557391, 32.587089, 32.379507, 31.968108 ] }, { "date": "2025-10-24", "close": 33.170609, "volume": 91092, "typical_volume": 99279.8, "trend": 31.361364, "fair_value": 27.617793, "relative_strength": 0.74491, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 65.312849, "energy": 42.266071, "activity_lines": [ 32.793927, 32.683666, 32.481875, 32.093336 ] }, { "date": "2025-10-31", "close": 32.589535, "volume": 247540, "typical_volume": 106425.85, "trend": 31.503592, "fair_value": 27.679617, "relative_strength": 0.487294, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 52.390934, "energy": 35.060671, "activity_lines": [ 32.779606, 32.666944, 32.519517, 32.172573 ] }, { "date": "2025-11-07", "close": 32.36301, "volume": 80193, "typical_volume": 105225.45, "trend": 31.654375, "fair_value": 27.733841, "relative_strength": 1.041003, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 49.254259, "energy": 29.795123, "activity_lines": [ 32.653878, 32.615129, 32.529102, 32.228019 ] }, { "date": "2025-11-14", "close": 31.634203, "volume": 114724, "typical_volume": 101591.85, "trend": 31.758784, "fair_value": 27.782118, "relative_strength": 0.301078, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 3.989672, "energy": 4.46765, "activity_lines": [ 32.301949, 32.439779, 32.463371, 32.226718 ] }, { "date": "2025-11-21", "close": 30.79706, "volume": 166211, "typical_volume": 104951.1, "trend": 31.816409, "fair_value": 27.822924, "relative_strength": 0.164538, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -34.307336, "energy": 31.907929, "activity_lines": [ 31.730721, 32.128978, 32.316757, 32.164671 ] }, { "date": "2025-11-28", "close": 31.161463, "volume": 107361, "typical_volume": 104488.2, "trend": 31.845862, "fair_value": 27.865678, "relative_strength": -0.971368, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -27.287685, "energy": 43.470469, "activity_lines": [ 31.414248, 31.924527, 32.208138, 32.122417 ] }, { "date": "2025-12-05", "close": 31.604656, "volume": 85108, "typical_volume": 104934.65, "trend": 31.900647, "fair_value": 27.912602, "relative_strength": 0.180403, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -22.325494, "energy": 48.247857, "activity_lines": [ 31.379449, 31.821596, 32.143283, 32.106855 ] }, { "date": "2025-12-12", "close": 31.969061, "volume": 105100, "typical_volume": 105960.75, "trend": 31.9487, "fair_value": 27.963026, "relative_strength": 0.589867, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -20.029069, "energy": 43.526622, "activity_lines": [ 31.531776, 31.793037, 32.115952, 32.111269 ] }, { "date": "2025-12-19", "close": 31.644054, "volume": 93707, "typical_volume": 104465.4, "trend": 31.983999, "fair_value": 28.012253, "relative_strength": 0.429302, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -25.493307, "energy": 22.939538, "activity_lines": [ 31.602031, 31.717112, 32.055886, 32.091614 ] }, { "date": "2025-12-26", "close": 32.136494, "volume": 111065, "typical_volume": 106064.4, "trend": 32.032832, "fair_value": 28.065578, "relative_strength": 0.335191, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -6.186254, "energy": 6.881188, "activity_lines": [ 31.835776, 31.746838, 32.043178, 32.101453 ] }, { "date": "2026-01-02", "close": 32.19558, "volume": 27823, "typical_volume": 102644.65, "trend": 32.066036, "fair_value": 28.118553, "relative_strength": 0.90231, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 2.377915, "energy": 9.890194, "activity_lines": [ 31.999921, 31.799305, 32.035784, 32.111952 ] }, { "date": "2026-01-09", "close": 31.821121, "volume": 124946, "typical_volume": 104539.75, "trend": 32.085797, "fair_value": 28.163609, "relative_strength": -0.152785, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 0.325168, "energy": 6.95106, "activity_lines": [ 31.970305, 31.801416, 31.995366, 32.096151 ] }, { "date": "2026-01-16", "close": 32.574284, "volume": 78099, "typical_volume": 103744.3, "trend": 32.134184, "fair_value": 28.210761, "relative_strength": 0.066489, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 11.56917, "energy": 15.390001, "activity_lines": [ 32.177312, 31.954436, 32.031933, 32.127667 ] }, { "date": "2026-01-23", "close": 32.118423, "volume": 52623, "typical_volume": 103760.2, "trend": 32.158416, "fair_value": 28.254433, "relative_strength": -0.84502, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -1.077847, "energy": 9.087728, "activity_lines": [ 32.192018, 32.020732, 32.026429, 32.12665 ] }, { "date": "2026-01-30", "close": 32.633743, "volume": 78095, "typical_volume": 103947.75, "trend": 32.196605, "fair_value": 28.300016, "relative_strength": 0.615909, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 22.137167, "energy": 19.242388, "activity_lines": [ 32.346872, 32.171918, 32.072086, 32.157316 ] }, { "date": "2026-02-06", "close": 32.722935, "volume": 111941, "typical_volume": 104782.0, "trend": 32.237767, "fair_value": 28.347675, "relative_strength": 2.685411, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 23.631745, "energy": 28.045188, "activity_lines": [ 32.498307, 32.305926, 32.127993, 32.191273 ] }, { "date": "2026-02-13", "close": 34.120251, "volume": 91829, "typical_volume": 104536.0, "trend": 32.301887, "fair_value": 28.407525, "relative_strength": 4.46436, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 82.794072, "energy": 71.583289, "activity_lines": [ 33.080357, 32.665602, 32.315025, 32.312723 ] }, { "date": "2026-02-20", "close": 34.764404, "volume": 162198, "typical_volume": 106525.25, "trend": 32.407539, "fair_value": 28.472841, "relative_strength": 4.393417, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 89.237195, "energy": 86.747594, "activity_lines": [ 33.723849, 33.096658, 32.553553, 32.471595 ] }, { "date": "2026-02-27", "close": 35.121162, "volume": 127859, "typical_volume": 108276.85, "trend": 32.52023, "fair_value": 28.539831, "relative_strength": 4.020148, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 86.958794, "energy": 92.353118, "activity_lines": [ 34.340253, 33.541755, 32.815818, 32.646668 ] }, { "date": "2026-03-06", "close": 34.040966, "volume": 113123, "typical_volume": 108531.85, "trend": 32.585913, "fair_value": 28.601514, "relative_strength": 4.660168, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.147182, "energy": 83.783333, "activity_lines": [ 34.396408, 33.727233, 32.962869, 32.74478 ] }, { "date": "2026-03-13", "close": 33.624748, "volume": 144171, "typical_volume": 111185.8, "trend": 32.615074, "fair_value": 28.664319, "relative_strength": 6.040945, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 63.936098, "energy": 73.505436, "activity_lines": [ 34.22001, 33.802407, 33.064355, 32.811802 ] }, { "date": "2026-03-20", "close": 33.267986, "volume": 50089, "typical_volume": 101313.25, "trend": 32.626518, "fair_value": 28.725339, "relative_strength": 7.078452, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 58.098506, "energy": 43.64517, "activity_lines": [ 33.86457, 33.786731, 33.129701, 32.853925 ] }, { "date": "2026-03-27", "close": 33.456276, "volume": 224228, "typical_volume": 108515.0, "trend": 32.646504, "fair_value": 28.782604, "relative_strength": 6.424154, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 40.38852, "energy": 23.878189, "activity_lines": [ 33.628711, 33.778983, 33.209748, 32.907458 ] }, { "date": "2026-04-03", "close": 33.694118, "volume": 97938, "typical_volume": 107675.7, "trend": 32.684448, "fair_value": 28.841361, "relative_strength": 6.261892, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 36.095166, "energy": 21.398059, "activity_lines": [ 33.559341, 33.798443, 33.307241, 32.975046 ] }, { "date": "2026-04-10", "close": 35.34, "volume": 121278, "typical_volume": 105429.05, "trend": 32.762372, "fair_value": 28.907617, "relative_strength": 6.544362, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 71.934163, "energy": 39.962879, "activity_lines": [ 34.133735, 34.088505, 33.551675, 33.146372 ] }, { "date": "2026-04-17", "close": 34.959999, "volume": 100068, "typical_volume": 105064.4, "trend": 32.850601, "fair_value": 28.972398, "relative_strength": 5.416437, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 65.497711, "energy": 45.700862, "activity_lines": [ 34.494859, 34.260271, 33.738286, 33.288154 ] }, { "date": "2026-04-24", "close": 34.369999, "volume": 187656, "typical_volume": 110191.8, "trend": 32.927899, "fair_value": 29.033962, "relative_strength": 5.385172, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 55.947139, "energy": 47.93291, "activity_lines": [ 34.5703, 34.284091, 33.850618, 33.38618 ] }, { "date": "2026-05-01", "close": 33.809368, "volume": 171310, "typical_volume": 113502.3, "trend": 32.967743, "fair_value": 29.095095, "relative_strength": 4.232838, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 53.675282, "energy": 39.592102, "activity_lines": [ 34.385397, 34.201437, 33.896388, 33.443049 ] }, { "date": "2026-05-08", "close": 34.067154, "volume": 213322, "typical_volume": 119483.05, "trend": 33.018967, "fair_value": 29.156639, "relative_strength": 4.713506, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 48.602466, "energy": 29.000269, "activity_lines": [ 34.262882, 34.183017, 33.957946, 33.513978 ] }, { "date": "2026-05-15", "close": 33.50201, "volume": 149736, "typical_volume": 121416.6, "trend": 33.042489, "fair_value": 29.213712, "relative_strength": 4.211716, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 30.472234, "energy": 16.620334, "activity_lines": [ 33.927118, 34.081008, 33.954142, 33.545142 ] }, { "date": "2026-05-22", "close": 33.521843, "volume": 103474, "typical_volume": 125199.15, "trend": 33.054197, "fair_value": 29.273906, "relative_strength": 3.843034, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 23.335184, "energy": 16.999198, "activity_lines": [ 33.720497, 33.992404, 33.945725, 33.576068 ] }, { "date": "2026-05-29", "close": 33.858944, "volume": 79706, "typical_volume": 122937.15, "trend": 33.096511, "fair_value": 29.336318, "relative_strength": 3.860701, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 23.05026, "energy": 15.048073, "activity_lines": [ 33.72212, 33.966962, 33.963096, 33.627988 ] }, { "date": "2026-06-05", "close": 33.43261, "volume": 43888, "typical_volume": 121226.6, "trend": 33.132164, "fair_value": 29.395602, "relative_strength": 3.706949, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 6.044945, "energy": 10.739686, "activity_lines": [ 33.615702, 33.85326, 33.930161, 33.649671 ] }, { "date": "2026-06-12", "close": 34.196045, "volume": 3259, "typical_volume": 118758.4, "trend": 33.217559, "fair_value": 29.456785, "relative_strength": 3.796462, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 20.013056, "energy": 10.27638, "activity_lines": [ 33.78888, 33.878794, 33.965847, 33.718309 ] }, { "date": "2026-06-19", "close": 34.186131, "volume": 15460, "typical_volume": 115626.65, "trend": 33.330528, "fair_value": 29.521238, "relative_strength": 3.362898, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 32.466461, "energy": 16.133421, "activity_lines": [ 33.95016, 33.893401, 33.990694, 33.780797 ] }, { "date": "2026-06-26", "close": 34.146469, "volume": 34106, "typical_volume": 111734.9, "trend": 33.430028, "fair_value": 29.583063, "relative_strength": 3.891237, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 34.167785, "energy": 18.336469, "activity_lines": [ 34.052611, 33.921775, 34.004373, 33.833439 ] }, { "date": "2026-07-03", "close": 34.450001, "volume": 18905, "typical_volume": 108088.7, "trend": 33.524873, "fair_value": 29.650966, "relative_strength": 3.739279, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 45.097201, "energy": 31.522759, "activity_lines": [ 34.214598, 34.020128, 34.04018, 33.899244 ] }, { "date": "2026-07-10", "close": 34.450001, "volume": 90501, "typical_volume": 104503.85, "trend": 33.607571, "fair_value": 29.713423, "relative_strength": 4.062562, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 54.708983, "energy": 43.946506, "activity_lines": [ 34.337182, 34.117027, 34.074417, 33.958929 ] }, { "date": "2026-07-17", "close": 34.490002, "volume": 86536, "typical_volume": 102437.7, "trend": 33.702436, "fair_value": 29.775228, "relative_strength": 4.163417, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 57.723467, "energy": 47.830971, "activity_lines": [ 34.405272, 34.209551, 34.113961, 34.01586 ] }, { "date": "2026-07-24", "close": 34.669998, "volume": 145665, "typical_volume": 104064.8, "trend": 33.786886, "fair_value": 29.83677, "relative_strength": 4.833973, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 62.44211, "energy": 53.755121, "activity_lines": [ 34.513765, 34.327113, 34.173653, 34.078284 ] }, { "date": "2026-07-31", "close": 35.5, "volume": 118295, "typical_volume": 102771.0, "trend": 33.897033, "fair_value": 29.905504, "relative_strength": 4.743203, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 79.438694, "energy": 68.634902, "activity_lines": [ 34.866667, 34.574349, 34.309397, 34.188807 ] }, { "date": "2026-08-07", "close": 36.200001, "volume": 102108, "typical_volume": 105371.95, "trend": 34.042996, "fair_value": 29.97776, "relative_strength": 3.361568, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 87.995408, "energy": 83.048057, "activity_lines": [ 35.362667, 34.912891, 34.502878, 34.337386 ] } ], "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." } } }