{ "ticker": { "uuid": "efabb1b0-4692-4bb4-ab4b-97260f1b8b2e", "symbol": "OVV", "name": "Ovintiv Inc", "exchange": "NYSE", "country": "US", "assetType": "equity" }, "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.", "analysis": { "eligible": true, "as_of": "2026-08-07", "benchmark": "SPY", "stage": 2, "stage_name": "Advancing", "phase": "2b", "phase_label": "Stage 2B \u00b7 Advancing", "transition": "stage_2_healthy", "transition_label": "Stage 2 trend intact", "confidence": 96.0, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Re-accelerating", "architecture_gate": "up", "architecture_direction": 56.905, "architecture_energy": 64.334, "architecture_maturity": 11.657, "architecture_confidence": 82.297, "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": 25.75, "rotation_up": 68.27, "upward_expansion": 84.41, "deceleration": 48.62, "rotation_down": 11.51, "downward_expansion": 15.75 }, "activity_lines": [ 60.476, 58.253406, 57.464669, 56.611021 ], "activity_state": "Wide", "activity_direction": "Expanding", "rotation_direction": "Improving", "price_acceptance": 0.333333 }, "latest_close": 59.36, "trend_reference": 54.174496, "distance_from_trend": 0.095719, "trend_direction": "Improving", "fair_value": 43.527013, "distance_from_fair_value": 0.363751, "fair_value_direction": "Weakening", "relative_strength": 11.359542, "relative_strength_direction": "Weakening", "price_momentum": 0.289738, "excess_performance": 0.164113, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.095719, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.125612, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.363751, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.012665, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.113595, "read": "Leading" }, { "label": "Relative strength direction", "positive": false, "value": -0.078253, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.289738, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 1.369821, "read": "Demand-led" } ], "volume": { "latest": 14343858, "relative_activity": 0.847991, "balance": 1.369821, "dry_up": 1.046413, "accumulation_observations": 4, "distribution_observations": 1 }, "risk": { "range_context": 0.068839, "annualized_volatility": 0.359932, "from_high_reference": -0.081257, "from_low_reference": 0.70483 }, "levels": { "trend_reference": 54.174496, "fair_value_reference": 43.527013, "structural_low": 44.175142, "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 24, "median_return": -0.012488, "positive_rate": 0.458333, "directional_follow_through": 0.458333, "median_excess_return": -0.042002, "regime_survival": 0.666667, "best_return": 0.309856, "worst_return": -0.268298, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 10, "median_return": 0.01261, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": -0.034438, "regime_survival": 0.4, "best_return": 0.3772, "worst_return": -0.196529, "sufficient": true }, { "horizon": "Extended", "sample_count": 6, "median_return": 0.140472, "positive_rate": 0.666667, "directional_follow_through": 0.666667, "median_excess_return": 0.041966, "regime_survival": 0.166667, "best_return": 0.290772, "worst_return": -0.358676, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 3, "median_return": -0.000289, "positive_rate": 0.333333, "directional_follow_through": 0.333333, "median_excess_return": -0.3083, "regime_survival": 0.333333, "best_return": 0.436105, "worst_return": -0.151926, "sufficient": false } ], "ledger": [ { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2024-08-16", "end": "2024-11-15", "tenure": "Established", "return": 0.021493, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-11-22", "end": "2025-01-24", "tenure": "Developing", "return": -0.031847, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-01-31", "end": "2025-02-14", "tenure": "New", "return": 0.045239, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-02-21", "end": "2025-04-11", "tenure": "Developing", "return": -0.237529, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-04-18", "end": "2025-07-04", "tenure": "Developing", "return": 0.188824, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-07-11", "end": "2025-08-01", "tenure": "New", "return": -0.060086, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-08-08", "end": "2025-08-29", "tenure": "New", "return": 0.055639, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-09-05", "end": "2025-10-17", "tenure": "Developing", "return": -0.118147, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-10-24", "end": "2025-10-31", "tenure": "New", "return": -0.004512, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-11-07", "end": "2025-11-14", "tenure": "New", "return": 0.007463, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-11-21", "end": "2026-02-06", "tenure": "Developing", "return": 0.203124, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-02-13", "end": "2026-06-12", "tenure": "Established", "return": 0.230801, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-06-19", "end": "2026-07-24", "tenure": "Developing", "return": 0.204541, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-07-31", "end": "2026-08-07", "tenure": "New", "return": -0.049632, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 44.525764, "volume": 9405161, "typical_volume": 17636069.35, "trend": 36.779066, "fair_value": 32.070264, "relative_strength": 0.011512, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 48.265179, "energy": 80.837858, "activity_lines": [ 43.781209, 40.877214, 37.642996, 36.686137 ] }, { "date": "2023-08-25", "close": 43.031735, "volume": 10532325, "typical_volume": 17004582.55, "trend": 36.659047, "fair_value": 32.28246, "relative_strength": -3.694506, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 67.508866, "energy": 86.622989, "activity_lines": [ 43.852529, 41.671011, 38.329359, 37.089535 ] }, { "date": "2023-09-01", "close": 44.525764, "volume": 11922711, "typical_volume": 16916119.85, "trend": 36.738151, "fair_value": 32.510046, "relative_strength": -2.378105, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 70.156293, "energy": 84.590698, "activity_lines": [ 44.147646, 42.589562, 39.123338, 37.597065 ] }, { "date": "2023-09-08", "close": 43.640413, "volume": 10510001, "typical_volume": 16880597.65, "trend": 36.713537, "fair_value": 32.742305, "relative_strength": -2.73677, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.392239, "energy": 60.934841, "activity_lines": [ 43.95336, 43.123959, 39.788901, 38.042373 ] }, { "date": "2023-09-15", "close": 43.912147, "volume": 34654971, "typical_volume": 17959889.4, "trend": 36.85851, "fair_value": 32.966806, "relative_strength": -1.650872, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 62.873645, "energy": 55.13467, "activity_lines": [ 43.885928, 43.552657, 40.433754, 38.506799 ] }, { "date": "2023-09-22", "close": 41.944823, "volume": 14316970, "typical_volume": 18035465.7, "trend": 36.876722, "fair_value": 33.187475, "relative_strength": -3.065047, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 50.156002, "energy": 44.962441, "activity_lines": [ 43.225147, 43.461268, 40.839309, 38.834948 ] }, { "date": "2023-09-29", "close": 44.144143, "volume": 12981636, "typical_volume": 17837327.8, "trend": 36.952193, "fair_value": 33.427109, "relative_strength": 3.015378, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 52.763196, "energy": 42.426575, "activity_lines": [ 43.469536, 43.648499, 41.405701, 39.303814 ] }, { "date": "2023-10-06", "close": 42.260338, "volume": 14082548, "typical_volume": 17759909.5, "trend": 37.174164, "fair_value": 33.645047, "relative_strength": -1.050508, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 45.380684, "energy": 33.684589, "activity_lines": [ 43.011829, 43.398208, 41.725705, 39.646275 ] }, { "date": "2023-10-13", "close": 46.250664, "volume": 13132655, "typical_volume": 17665689.45, "trend": 37.676641, "fair_value": 33.889404, "relative_strength": 8.235468, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 71.056781, "energy": 44.919874, "activity_lines": [ 44.03526, 43.861634, 42.374876, 40.231856 ] }, { "date": "2023-10-20", "close": 46.306343, "volume": 11404673, "typical_volume": 17525929.3, "trend": 38.184023, "fair_value": 34.130482, "relative_strength": 11.347369, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 70.725642, "energy": 51.415092, "activity_lines": [ 44.903233, 44.297617, 42.959135, 40.788611 ] }, { "date": "2023-10-27", "close": 44.357579, "volume": 10841553, "typical_volume": 16942635.4, "trend": 38.562411, "fair_value": 34.363375, "relative_strength": 9.612599, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 57.624269, "energy": 45.252036, "activity_lines": [ 44.962005, 44.352775, 43.292328, 41.186905 ] }, { "date": "2023-11-03", "close": 45.294841, "volume": 13246863, "typical_volume": 14585841.4, "trend": 38.880561, "fair_value": 34.601492, "relative_strength": 6.288839, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 60.924312, "energy": 49.392075, "activity_lines": [ 45.172348, 44.581401, 43.667873, 41.621255 ] }, { "date": "2023-11-10", "close": 41.378754, "volume": 15532542, "typical_volume": 14349329.6, "trend": 39.084336, "fair_value": 34.804832, "relative_strength": -3.470051, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 37.119887, "energy": 26.898041, "activity_lines": [ 44.000615, 44.056865, 43.621209, 41.782429 ] }, { "date": "2023-11-17", "close": 41.759227, "volume": 14028649, "typical_volume": 14350768.25, "trend": 39.347754, "fair_value": 35.004291, "relative_strength": -4.144333, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 29.22392, "energy": 16.954352, "activity_lines": [ 43.014478, 43.658723, 43.567315, 41.955002 ] }, { "date": "2023-11-24", "close": 41.833465, "volume": 12408336, "typical_volume": 14432753.4, "trend": 39.642004, "fair_value": 35.194886, "relative_strength": -4.277388, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 11.628982, "energy": 14.224464, "activity_lines": [ 42.352517, 43.308283, 43.488826, 42.115371 ] }, { "date": "2023-12-01", "close": 41.016841, "volume": 15754624, "typical_volume": 14421116.95, "trend": 39.95142, "fair_value": 35.373032, "relative_strength": -6.248174, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 0.159705, "energy": 16.181407, "activity_lines": [ 41.71654, 42.84716, 43.299931, 42.20407 ] }, { "date": "2023-12-08", "close": 38.631925, "volume": 16340002, "typical_volume": 14379813.35, "trend": 40.236531, "fair_value": 35.53466, "relative_strength": -11.461091, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -13.896706, "energy": 24.68226, "activity_lines": [ 40.508306, 41.969289, 42.856562, 42.118941 ] }, { "date": "2023-12-15", "close": 40.420887, "volume": 17339490, "typical_volume": 14498449.8, "trend": 40.531265, "fair_value": 35.709904, "relative_strength": -8.893074, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -20.133648, "energy": 32.918757, "activity_lines": [ 40.340588, 41.516905, 42.584936, 42.130835 ] }, { "date": "2023-12-22", "close": 40.944135, "volume": 11866745, "typical_volume": 14115653.6, "trend": 40.845881, "fair_value": 35.89036, "relative_strength": -7.828885, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -18.935395, "energy": 32.709529, "activity_lines": [ 40.411143, 41.193102, 42.368812, 42.157472 ] }, { "date": "2023-12-29", "close": 41.037572, "volume": 6213275, "typical_volume": 13825786.5, "trend": 41.128543, "fair_value": 36.072597, "relative_strength": -7.256698, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -17.078628, "energy": 23.991038, "activity_lines": [ 40.567183, 40.982769, 42.177017, 42.169839 ] }, { "date": "2024-01-05", "close": 40.803979, "volume": 15587051, "typical_volume": 14134881.0, "trend": 41.338469, "fair_value": 36.238139, "relative_strength": -5.800498, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -22.136986, "energy": 17.839952, "activity_lines": [ 40.698419, 40.825761, 41.981123, 42.148899 ] }, { "date": "2024-01-12", "close": 38.851144, "volume": 14367171, "typical_volume": 14326623.3, "trend": 41.46841, "fair_value": 36.389531, "relative_strength": -11.314079, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -36.882585, "energy": 26.963996, "activity_lines": [ 40.192901, 40.378303, 41.616967, 41.988427 ] }, { "date": "2024-01-19", "close": 38.225116, "volume": 10116810, "typical_volume": 14236328.25, "trend": 41.667556, "fair_value": 36.538036, "relative_strength": -13.09787, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -38.938865, "energy": 44.057155, "activity_lines": [ 39.464091, 39.93418, 41.213097, 41.779182 ] }, { "date": "2024-01-26", "close": 40.047139, "volume": 10837006, "typical_volume": 14252678.5, "trend": 41.832137, "fair_value": 36.706044, "relative_strength": -9.224446, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -53.936918, "energy": 50.012069, "activity_lines": [ 39.489008, 39.878673, 41.012756, 41.674639 ] }, { "date": "2024-02-02", "close": 38.795082, "volume": 11083581, "typical_volume": 13074109.0, "trend": 41.959287, "fair_value": 36.849703, "relative_strength": -12.828198, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.120107, "energy": 56.919362, "activity_lines": [ 39.156372, 39.626648, 40.710283, 41.4787 ] }, { "date": "2024-02-09", "close": 38.832457, "volume": 12695659, "typical_volume": 12993043.45, "trend": 42.077846, "fair_value": 36.976548, "relative_strength": -13.326755, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -59.778088, "energy": 55.276939, "activity_lines": [ 38.985694, 39.436662, 40.435736, 41.276969 ] }, { "date": "2024-02-16", "close": 41.88785, "volume": 14652670, "typical_volume": 13076595.15, "trend": 42.176823, "fair_value": 37.124836, "relative_strength": -5.891769, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -32.814423, "energy": 20.009388, "activity_lines": [ 39.964915, 39.841917, 40.467, 41.264711 ] }, { "date": "2024-02-23", "close": 42.953033, "volume": 9362065, "typical_volume": 12840571.0, "trend": 42.221541, "fair_value": 37.270327, "relative_strength": -4.641732, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -11.975939, "energy": 12.417764, "activity_lines": [ 41.096749, 40.381644, 40.610454, 41.314789 ] }, { "date": "2024-03-01", "close": 47.092296, "volume": 20587406, "typical_volume": 13213308.55, "trend": 42.318467, "fair_value": 37.415617, "relative_strength": 3.829524, "stage": 2, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 42.207731, "energy": 39.574145, "activity_lines": [ 43.293144, 41.627925, 41.144824, 41.629032 ] }, { "date": "2024-03-08", "close": 46.213987, "volume": 20766519, "typical_volume": 13681400.85, "trend": 42.363981, "fair_value": 37.553793, "relative_strength": 2.192553, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 38.477523, "energy": 58.156215, "activity_lines": [ 44.727092, 42.602729, 41.591539, 41.880355 ] }, { "date": "2024-03-15", "close": 47.42641, "volume": 27360538, "typical_volume": 14507350.1, "trend": 42.46067, "fair_value": 37.714988, "relative_strength": 4.663484, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 42.546573, "energy": 72.786032, "activity_lines": [ 46.070587, 43.703856, 42.154162, 42.206964 ] }, { "date": "2024-03-22", "close": 47.886952, "volume": 16857519, "typical_volume": 14687882.9, "trend": 42.62251, "fair_value": 37.885008, "relative_strength": 3.100609, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 50.61979, "energy": 78.12382, "activity_lines": [ 46.994666, 44.768311, 42.746033, 42.557046 ] }, { "date": "2024-03-29", "close": 48.779839, "volume": 13367569, "typical_volume": 14579634.25, "trend": 42.764313, "fair_value": 38.057194, "relative_strength": 4.39137, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 78.474856, "energy": 89.129342, "activity_lines": [ 47.816434, 45.830821, 43.410598, 42.954293 ] }, { "date": "2024-04-05", "close": 51.947239, "volume": 14380406, "typical_volume": 14597222.1, "trend": 43.041207, "fair_value": 38.255388, "relative_strength": 11.886325, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 90.157972, "energy": 94.501143, "activity_lines": [ 49.305548, 47.277318, 44.341576, 43.54674 ] }, { "date": "2024-04-12", "close": 50.509221, "volume": 13970124, "typical_volume": 14675311.5, "trend": 43.261109, "fair_value": 38.446227, "relative_strength": 10.116518, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 74.130188, "energy": 87.845491, "activity_lines": [ 49.991659, 48.245992, 45.087086, 44.028548 ] }, { "date": "2024-04-19", "close": 48.85503, "volume": 13452833, "typical_volume": 14560221.95, "trend": 43.49145, "fair_value": 38.631941, "relative_strength": 9.525474, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.962206, "energy": 75.686537, "activity_lines": [ 49.840025, 48.70092, 45.633741, 44.389446 ] }, { "date": "2024-04-26", "close": 50.058078, "volume": 8514462, "typical_volume": 14168944.95, "trend": 43.688581, "fair_value": 38.817686, "relative_strength": 8.912073, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.118494, "energy": 63.307914, "activity_lines": [ 49.994166, 49.192355, 46.257647, 44.813099 ] }, { "date": "2024-05-03", "close": 48.441482, "volume": 11273171, "typical_volume": 13865629.0, "trend": 43.894619, "fair_value": 38.976126, "relative_strength": 4.399119, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 61.913783, "energy": 52.125847, "activity_lines": [ 49.4647, 49.241314, 46.673181, 45.119738 ] }, { "date": "2024-05-10", "close": 46.937672, "volume": 17795831, "typical_volume": 14162083.3, "trend": 43.917519, "fair_value": 39.129275, "relative_strength": -1.031684, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 45.939668, "energy": 34.394763, "activity_lines": [ 48.45652, 48.917062, 46.907302, 45.316064 ] }, { "date": "2024-05-17", "close": 46.79669, "volume": 13324368, "typical_volume": 14517637.95, "trend": 43.933864, "fair_value": 39.288918, "relative_strength": -3.175921, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 40.631791, "energy": 26.189353, "activity_lines": [ 47.735318, 48.569989, 47.099455, 45.501817 ] }, { "date": "2024-05-24", "close": 45.386868, "volume": 9863017, "typical_volume": 14231436.25, "trend": 43.968174, "fair_value": 39.429472, "relative_strength": -6.281121, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 27.795344, "energy": 26.575536, "activity_lines": [ 46.791677, 47.955991, 47.129916, 45.595559 ] }, { "date": "2024-05-31", "close": 48.563667, "volume": 13307147, "typical_volume": 14178435.05, "trend": 44.077135, "fair_value": 39.566162, "relative_strength": 0.357965, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 37.810274, "energy": 27.726119, "activity_lines": [ 47.13818, 47.956674, 47.441105, 45.892043 ] }, { "date": "2024-06-07", "close": 44.766546, "volume": 13366701, "typical_volume": 14340929.6, "trend": 44.190061, "fair_value": 39.675746, "relative_strength": -8.685033, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 3.074589, "energy": 14.024692, "activity_lines": [ 46.318604, 47.254668, 47.344414, 45.936521 ] }, { "date": "2024-06-14", "close": 43.337927, "volume": 12426213, "typical_volume": 14420389.95, "trend": 44.242684, "fair_value": 39.790863, "relative_strength": -13.017446, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -11.225951, "energy": 21.986784, "activity_lines": [ 45.267816, 46.365883, 47.080514, 45.881544 ] }, { "date": "2024-06-21", "close": 43.564975, "volume": 27386555, "typical_volume": 15235538.65, "trend": 44.300401, "fair_value": 39.883928, "relative_strength": -13.202043, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -8.790024, "energy": 23.597974, "activity_lines": [ 44.532695, 45.674911, 46.822567, 45.837821 ] }, { "date": "2024-06-28", "close": 44.340725, "volume": 19929287, "typical_volume": 15597220.05, "trend": 44.411197, "fair_value": 39.985704, "relative_strength": -11.630718, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -20.272127, "energy": 30.935492, "activity_lines": [ 44.271604, 45.251244, 46.615787, 45.840423 ] }, { "date": "2024-07-05", "close": 44.009612, "volume": 9886085, "typical_volume": 15358890.8, "trend": 44.590454, "fair_value": 40.094761, "relative_strength": -13.910791, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -19.905283, "energy": 44.799996, "activity_lines": [ 43.969886, 44.849453, 46.351243, 45.814514 ] }, { "date": "2024-07-12", "close": 45.636795, "volume": 9854791, "typical_volume": 15383527.1, "trend": 44.764317, "fair_value": 40.239513, "relative_strength": -11.615252, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -16.807359, "energy": 20.855236, "activity_lines": [ 44.514165, 44.853485, 46.231565, 45.88202 ] }, { "date": "2024-07-19", "close": 44.690759, "volume": 12052120, "typical_volume": 14956762.8, "trend": 44.889205, "fair_value": 40.371063, "relative_strength": -11.604915, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -12.826224, "energy": 13.867362, "activity_lines": [ 44.685082, 44.736506, 46.009009, 45.877274 ] }, { "date": "2024-07-26", "close": 43.564975, "volume": 12863849, "typical_volume": 14561629.3, "trend": 44.973452, "fair_value": 40.50497, "relative_strength": -12.88717, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -30.371553, "energy": 20.640209, "activity_lines": [ 44.39055, 44.455691, 45.690671, 45.79184 ] }, { "date": "2024-08-02", "close": 39.345653, "volume": 20317240, "typical_volume": 14209464.4, "trend": 44.924841, "fair_value": 40.61319, "relative_strength": -19.172898, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -50.564493, "energy": 39.73039, "activity_lines": [ 42.689576, 43.466485, 44.983107, 45.428756 ] }, { "date": "2024-08-09", "close": 40.197086, "volume": 16011891, "typical_volume": 14167183.0, "trend": 44.969705, "fair_value": 40.733438, "relative_strength": -16.972219, "stage": 4, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -44.496468, "energy": 60.76539, "activity_lines": [ 41.605419, 42.741926, 44.395112, 45.12374 ] }, { "date": "2024-08-16", "close": 40.868772, "volume": 10710089, "typical_volume": 14034309.0, "trend": 45.057827, "fair_value": 40.864393, "relative_strength": -18.317826, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.371388, "energy": 71.934824, "activity_lines": [ 40.999325, 42.29161, 43.907705, 44.859163 ] }, { "date": "2024-08-23", "close": 40.991756, "volume": 10503305, "typical_volume": 13840453.95, "trend": 45.089314, "fair_value": 40.973195, "relative_strength": -18.757233, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.363542, "energy": 71.743157, "activity_lines": [ 40.752094, 41.934525, 43.469683, 44.596836 ] }, { "date": "2024-08-30", "close": 40.518738, "volume": 9844456, "typical_volume": 13634170.55, "trend": 45.14677, "fair_value": 41.071657, "relative_strength": -19.428907, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.891468, "energy": 62.525723, "activity_lines": [ 40.59379, 41.534093, 43.038781, 44.30196 ] }, { "date": "2024-09-06", "close": 38.115806, "volume": 12545777, "typical_volume": 13588817.75, "trend": 45.122881, "fair_value": 41.155452, "relative_strength": -20.442385, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -77.471798, "energy": 66.922459, "activity_lines": [ 39.837592, 40.752151, 42.426601, 43.84835 ] }, { "date": "2024-09-13", "close": 36.999483, "volume": 17444203, "typical_volume": 14035304.8, "trend": 44.959936, "fair_value": 41.225444, "relative_strength": -25.191815, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -79.681068, "energy": 75.511219, "activity_lines": [ 38.791276, 39.880422, 41.759244, 43.32426 ] }, { "date": "2024-09-20", "close": 38.62971, "volume": 23978219, "typical_volume": 14670557.2, "trend": 44.815825, "fair_value": 41.295639, "relative_strength": -22.469848, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.130361, "energy": 67.239239, "activity_lines": [ 38.501542, 39.432554, 41.309331, 42.915858 ] }, { "date": "2024-09-27", "close": 36.580009, "volume": 25023834, "typical_volume": 15031957.35, "trend": 44.465415, "fair_value": 41.341595, "relative_strength": -26.34048, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -72.512699, "energy": 71.260872, "activity_lines": [ 37.677846, 38.739415, 40.710931, 42.384515 ] }, { "date": "2024-10-04", "close": 41.499291, "volume": 26323064, "typical_volume": 15681892.15, "trend": 44.308259, "fair_value": 41.388973, "relative_strength": -16.148532, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -58.436787, "energy": 43.223809, "activity_lines": [ 38.788026, 39.088159, 40.630356, 42.193152 ] }, { "date": "2024-10-11", "close": 41.117951, "volume": 13696085, "typical_volume": 15873545.55, "trend": 44.097977, "fair_value": 41.429181, "relative_strength": -17.169993, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -41.8585, "energy": 26.870175, "activity_lines": [ 39.705723, 39.405126, 40.538689, 41.987326 ] }, { "date": "2024-10-18", "close": 38.887114, "volume": 10262865, "typical_volume": 15721331.45, "trend": 43.797982, "fair_value": 41.455943, "relative_strength": -21.544104, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -43.045739, "energy": 24.740291, "activity_lines": [ 39.679665, 39.284263, 40.254889, 41.651141 ] }, { "date": "2024-10-25", "close": 38.505775, "volume": 10666779, "typical_volume": 15586335.35, "trend": 43.455514, "fair_value": 41.489198, "relative_strength": -20.796832, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -42.467445, "energy": 21.665109, "activity_lines": [ 39.400652, 39.117884, 39.98085, 41.309708 ] }, { "date": "2024-11-01", "close": 37.142485, "volume": 10459138, "typical_volume": 15487981.6, "trend": 42.962022, "fair_value": 41.516502, "relative_strength": -21.804071, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.914329, "energy": 37.386598, "activity_lines": [ 38.675471, 38.746597, 39.606787, 40.902416 ] }, { "date": "2024-11-08", "close": 41.156085, "volume": 14085464, "typical_volume": 14822927.05, "trend": 42.65025, "fair_value": 41.576025, "relative_strength": -16.77919, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -35.872584, "energy": 24.577491, "activity_lines": [ 39.250658, 39.175042, 39.644474, 40.785904 ] }, { "date": "2024-11-15", "close": 41.747162, "volume": 21030439, "typical_volume": 14877984.65, "trend": 42.413322, "fair_value": 41.647191, "relative_strength": -13.335167, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -23.325966, "energy": 12.763446, "activity_lines": [ 40.045751, 39.699368, 39.749925, 40.72764 ] }, { "date": "2024-11-22", "close": 44.530942, "volume": 16742101, "typical_volume": 15220785.45, "trend": 42.229084, "fair_value": 41.738195, "relative_strength": -8.679441, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 8.460137, "energy": 15.75736, "activity_lines": [ 41.726824, 40.663811, 40.132848, 40.864261 ] }, { "date": "2024-11-29", "close": 43.301121, "volume": 9394256, "typical_volume": 15197758.7, "trend": 42.057738, "fair_value": 41.82974, "relative_strength": -11.852037, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 22.145517, "energy": 29.425356, "activity_lines": [ 42.621701, 41.267714, 40.396162, 40.933425 ] }, { "date": "2024-12-06", "close": 39.277987, "volume": 14850142, "typical_volume": 15337659.8, "trend": 41.802416, "fair_value": 41.884338, "relative_strength": -20.349426, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 5.588996, "energy": 17.339966, "activity_lines": [ 41.855844, 41.055204, 40.287444, 40.754086 ] }, { "date": "2024-12-13", "close": 38.906181, "volume": 14117882, "typical_volume": 15400361.45, "trend": 41.539399, "fair_value": 41.953017, "relative_strength": -20.206866, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -20.05101, "energy": 13.734483, "activity_lines": [ 40.823684, 40.726038, 40.16909, 40.567232 ] }, { "date": "2024-12-20", "close": 36.284264, "volume": 21470017, "typical_volume": 15458000.3, "trend": 41.235978, "fair_value": 42.000087, "relative_strength": -23.718012, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -52.616995, "energy": 31.246277, "activity_lines": [ 39.067546, 39.967308, 39.823214, 40.228191 ] }, { "date": "2024-12-27", "close": 37.148632, "volume": 6094797, "typical_volume": 14962145.6, "trend": 40.855477, "fair_value": 42.045551, "relative_strength": -21.940847, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -59.426919, "energy": 43.846984, "activity_lines": [ 37.963724, 39.453621, 39.574238, 39.964491 ] }, { "date": "2025-01-03", "close": 40.135505, "volume": 8409254, "typical_volume": 14847103.85, "trend": 40.701109, "fair_value": 42.086664, "relative_strength": -14.808391, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -49.339407, "energy": 40.997144, "activity_lines": [ 38.34768, 39.51461, 39.624242, 39.918042 ] }, { "date": "2025-01-10", "close": 41.88345, "volume": 10357411, "typical_volume": 14839809.15, "trend": 40.652627, "fair_value": 42.118857, "relative_strength": -9.1148, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -20.064392, "energy": 16.454458, "activity_lines": [ 39.525325, 39.863776, 39.844209, 39.994322 ] }, { "date": "2025-01-17", "close": 43.929122, "volume": 16240204, "typical_volume": 15159596.55, "trend": 40.664765, "fair_value": 42.190691, "relative_strength": -7.250537, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 36.435354, "energy": 23.958204, "activity_lines": [ 41.211164, 40.498683, 40.254755, 40.205708 ] }, { "date": "2025-01-24", "close": 43.112774, "volume": 8809211, "typical_volume": 14972768.25, "trend": 40.623833, "fair_value": 42.248488, "relative_strength": -10.261838, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 33.429439, "energy": 35.245926, "activity_lines": [ 42.290023, 40.934745, 40.571314, 40.363645 ] }, { "date": "2025-01-31", "close": 40.548481, "volume": 10892914, "typical_volume": 14645203.8, "trend": 40.508462, "fair_value": 42.273667, "relative_strength": -14.484914, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 26.081602, "energy": 30.900186, "activity_lines": [ 42.058885, 40.879742, 40.61986, 40.358783 ] }, { "date": "2025-02-07", "close": 40.836604, "volume": 13242256, "typical_volume": 14108405.65, "trend": 40.348456, "fair_value": 42.292003, "relative_strength": -13.505118, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 52.017954, "energy": 46.19313, "activity_lines": [ 41.697131, 40.949533, 40.678946, 40.379954 ] }, { "date": "2025-02-14", "close": 42.382863, "volume": 11022109, "typical_volume": 13408319.4, "trend": 40.271526, "fair_value": 42.332143, "relative_strength": -11.209847, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 55.387361, "energy": 35.637096, "activity_lines": [ 41.804056, 41.345272, 40.874785, 40.511206 ] }, { "date": "2025-02-21", "close": 41.595327, "volume": 9259573, "typical_volume": 12555144.85, "trend": 40.205871, "fair_value": 42.362032, "relative_strength": -11.085427, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 46.028703, "energy": 21.174544, "activity_lines": [ 41.615176, 41.54137, 40.967989, 40.596612 ] }, { "date": "2025-02-28", "close": 41.739389, "volume": 18786391, "typical_volume": 12809660.15, "trend": 40.285662, "fair_value": 42.351452, "relative_strength": -9.404148, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 37.869443, "energy": 19.92546, "activity_lines": [ 41.629902, 41.714767, 41.074455, 40.695549 ] }, { "date": "2025-03-07", "close": 37.023779, "volume": 20399291, "typical_volume": 13316481.45, "trend": 40.179885, "fair_value": 42.326195, "relative_strength": -16.528814, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -12.989388, "energy": 10.536836, "activity_lines": [ 40.164317, 40.931597, 40.728857, 40.485105 ] }, { "date": "2025-03-14", "close": 39.213512, "volume": 18626665, "typical_volume": 13714475.75, "trend": 40.12471, "fair_value": 42.302003, "relative_strength": -8.981552, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -9.956724, "energy": 14.33664, "activity_lines": [ 39.663624, 40.54883, 40.600677, 40.422758 ] }, { "date": "2025-03-21", "close": 40.113304, "volume": 35085767, "typical_volume": 14945807.2, "trend": 40.095428, "fair_value": 42.242514, "relative_strength": -6.853362, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -7.70489, "energy": 15.024891, "activity_lines": [ 39.571067, 40.346426, 40.554822, 40.422022 ] }, { "date": "2025-03-28", "close": 40.848618, "volume": 15859018, "typical_volume": 15034484.9, "trend": 40.106424, "fair_value": 42.187107, "relative_strength": -3.215537, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -4.664054, "energy": 12.828538, "activity_lines": [ 39.874919, 40.309899, 40.56485, 40.470615 ] }, { "date": "2025-04-04", "close": 31.870049, "volume": 21600223, "typical_volume": 15062974.1, "trend": 39.898232, "fair_value": 42.089135, "relative_strength": -16.14463, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -49.388104, "energy": 51.863992, "activity_lines": [ 37.235695, 38.696914, 39.72124, 39.939236 ] }, { "date": "2025-04-11", "close": 31.715246, "volume": 29868027, "typical_volume": 15719270.4, "trend": 39.722091, "fair_value": 41.987012, "relative_strength": -20.200164, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -77.079734, "energy": 71.816461, "activity_lines": [ 35.202827, 37.260196, 38.909921, 39.411301 ] }, { "date": "2025-04-18", "close": 32.721465, "volume": 13352451, "typical_volume": 15917180.15, "trend": 39.52515, "fair_value": 41.90788, "relative_strength": -15.668009, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.948471, "energy": 74.272089, "activity_lines": [ 33.859266, 36.167032, 38.25546, 38.959648 ] }, { "date": "2025-04-25", "close": 33.543856, "volume": 12718595, "typical_volume": 15810602.8, "trend": 39.423944, "fair_value": 41.828908, "relative_strength": -16.506971, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.647654, "energy": 73.770412, "activity_lines": [ 33.22264, 35.370941, 37.729701, 38.573758 ] }, { "date": "2025-05-02", "close": 34.337221, "volume": 14792533, "typical_volume": 15844335.35, "trend": 39.185209, "fair_value": 41.729579, "relative_strength": -16.18193, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -58.914803, "energy": 65.329663, "activity_lines": [ 33.288431, 34.879808, 37.306806, 38.245583 ] }, { "date": "2025-05-09", "close": 34.966107, "volume": 21241718, "typical_volume": 15832920.4, "trend": 38.980147, "fair_value": 41.694413, "relative_strength": -13.607241, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -56.717614, "energy": 41.005697, "activity_lines": [ 33.997944, 34.634983, 36.965561, 37.973382 ] }, { "date": "2025-05-16", "close": 36.117454, "volume": 18922566, "typical_volume": 16474308.85, "trend": 38.887825, "fair_value": 41.654854, "relative_strength": -14.589048, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -41.712501, "energy": 27.150029, "activity_lines": [ 34.884836, 34.722645, 36.740246, 37.788693 ] }, { "date": "2025-05-23", "close": 34.695202, "volume": 14660107, "typical_volume": 16786851.5, "trend": 38.760806, "fair_value": 41.55311, "relative_strength": -15.197971, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -38.119552, "energy": 22.573604, "activity_lines": [ 35.004163, 34.568193, 36.384388, 37.518201 ] }, { "date": "2025-05-30", "close": 34.656502, "volume": 34468399, "typical_volume": 17992400.9, "trend": 38.67794, "fair_value": 41.445203, "relative_strength": -15.982026, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -35.755921, "energy": 20.606949, "activity_lines": [ 34.979008, 34.488857, 36.050751, 37.253407 ] }, { "date": "2025-06-06", "close": 36.939844, "volume": 16645952, "typical_volume": 18012688.3, "trend": 38.537399, "fair_value": 41.342341, "relative_strength": -11.337643, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -32.923092, "energy": 17.212706, "activity_lines": [ 35.64079, 34.923888, 35.968989, 37.141272 ] }, { "date": "2025-06-13", "close": 40.800242, "volume": 20815770, "typical_volume": 18613016.25, "trend": 38.505835, "fair_value": 41.333606, "relative_strength": -1.379608, "stage": 1, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -3.74773, "energy": 10.504537, "activity_lines": [ 37.415863, 36.131879, 36.288167, 37.287262 ] }, { "date": "2025-06-20", "close": 40.439695, "volume": 12599332, "typical_volume": 18698337.15, "trend": 38.36946, "fair_value": 41.330751, "relative_strength": -1.741687, "stage": 1, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "mixed", "direction": 24.261017, "energy": 25.8944, "activity_lines": [ 38.681812, 37.111948, 36.584018, 37.412027 ] }, { "date": "2025-06-27", "close": 37.428643, "volume": 20798953, "typical_volume": 19076172.0, "trend": 38.173711, "fair_value": 41.319729, "relative_strength": -11.578036, "stage": 1, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "mixed", "direction": 14.159041, "energy": 23.479997, "activity_lines": [ 38.655927, 37.385927, 36.593621, 37.351329 ] }, { "date": "2025-07-04", "close": 38.900064, "volume": 11787159, "typical_volume": 19114424.5, "trend": 38.161113, "fair_value": 41.320562, "relative_strength": -9.17474, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "mixed", "direction": 17.510245, "energy": 33.379931, "activity_lines": [ 38.938287, 37.841852, 36.759587, 37.39819 ] }, { "date": "2025-07-11", "close": 40.868454, "volume": 14011922, "typical_volume": 19352041.95, "trend": 38.226522, "fair_value": 41.344858, "relative_strength": -3.857477, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 31.158433, "energy": 49.756144, "activity_lines": [ 39.593872, 38.55828, 37.129604, 37.572857 ] }, { "date": "2025-07-18", "close": 39.026742, "volume": 14240509, "typical_volume": 19124747.85, "trend": 38.317938, "fair_value": 41.338426, "relative_strength": -8.245699, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 17.35426, "energy": 28.498292, "activity_lines": [ 39.373647, 38.821103, 37.327682, 37.624485 ] }, { "date": "2025-07-25", "close": 40.371484, "volume": 21427155, "typical_volume": 19176141.05, "trend": 38.425367, "fair_value": 41.302482, "relative_strength": -6.03197, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 24.64334, "energy": 33.733493, "activity_lines": [ 39.719901, 39.254593, 37.666747, 37.756971 ] }, { "date": "2025-08-01", "close": 38.412838, "volume": 18191096, "typical_volume": 19154362.6, "trend": 38.367944, "fair_value": 41.272847, "relative_strength": -8.039076, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 24.187099, "energy": 21.976081, "activity_lines": [ 39.417822, 39.254621, 37.803333, 37.756163 ] }, { "date": "2025-08-08", "close": 38.880575, "volume": 14441605, "typical_volume": 18122154.5, "trend": 38.267849, "fair_value": 41.228499, "relative_strength": -8.77732, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 12.185164, "energy": 12.655517, "activity_lines": [ 39.206041, 39.272098, 37.988278, 37.789236 ] }, { "date": "2025-08-15", "close": 38.393349, "volume": 16383037, "typical_volume": 18148355.45, "trend": 38.083323, "fair_value": 41.188759, "relative_strength": -10.411112, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 10.015461, "energy": 9.956347, "activity_lines": [ 38.833151, 39.124187, 38.132691, 37.797333 ] }, { "date": "2025-08-22", "close": 39.884259, "volume": 13713377, "typical_volume": 17754013.15, "trend": 37.975706, "fair_value": 41.136422, "relative_strength": -6.878607, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 15.113312, "energy": 10.346107, "activity_lines": [ 39.122238, 39.220924, 38.430786, 37.913522 ] }, { "date": "2025-08-29", "close": 41.043855, "volume": 11855387, "typical_volume": 16853381.15, "trend": 37.992218, "fair_value": 41.095096, "relative_strength": -3.877827, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 60.725648, "energy": 32.533917, "activity_lines": [ 39.74069, 39.54515, 38.801157, 38.111467 ] }, { "date": "2025-09-05", "close": 40.040171, "volume": 13207823, "typical_volume": 16846149.75, "trend": 37.96567, "fair_value": 41.050048, "relative_strength": -6.285644, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 51.370318, "energy": 36.288261, "activity_lines": [ 39.979755, 39.675904, 39.031517, 38.243593 ] }, { "date": "2025-09-12", "close": 40.790498, "volume": 15773059, "typical_volume": 16998872.95, "trend": 37.912591, "fair_value": 41.024341, "relative_strength": -5.880146, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 58.736103, "energy": 48.803219, "activity_lines": [ 40.36044, 39.895598, 39.298486, 38.42584 ] }, { "date": "2025-09-19", "close": 40.492587, "volume": 16860209, "typical_volume": 17102256.75, "trend": 37.875833, "fair_value": 41.03689, "relative_strength": -7.497946, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 54.088519, "energy": 46.250021, "activity_lines": [ 40.514494, 40.026755, 39.502574, 38.592292 ] }, { "date": "2025-09-26", "close": 42.377333, "volume": 13933801, "typical_volume": 16736860.9, "trend": 37.897098, "fair_value": 41.041931, "relative_strength": -2.896053, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.888124, "energy": 54.007501, "activity_lines": [ 41.156847, 40.507427, 39.856851, 38.882711 ] }, { "date": "2025-10-03", "close": 39.383335, "volume": 15774202, "typical_volume": 16579442.7, "trend": 37.97575, "fair_value": 40.972314, "relative_strength": -10.375301, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 51.837043, "energy": 31.603163, "activity_lines": [ 40.634996, 40.382816, 39.890693, 38.978597 ] }, { "date": "2025-10-10", "close": 36.242092, "volume": 13321630, "typical_volume": 16512518.85, "trend": 37.876703, "fair_value": 40.915886, "relative_strength": -15.073516, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 10.66512, "energy": 8.158217, "activity_lines": [ 39.176765, 39.705037, 39.609818, 38.866748 ] }, { "date": "2025-10-17", "close": 35.309536, "volume": 18168580, "typical_volume": 15697527.9, "trend": 37.716577, "fair_value": 40.846641, "relative_strength": -18.333995, "stage": 4, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "mixed", "direction": -27.972067, "energy": 25.849454, "activity_lines": [ 37.660887, 38.89717, 39.232761, 38.701125 ] }, { "date": "2025-10-24", "close": 36.988138, "volume": 14625378, "typical_volume": 15596499.2, "trend": 37.587895, "fair_value": 40.793141, "relative_strength": -15.760182, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -18.19157, "energy": 29.681598, "activity_lines": [ 37.069941, 38.459431, 39.012462, 38.654129 ] }, { "date": "2025-10-31", "close": 36.821259, "volume": 10139619, "typical_volume": 15062691.65, "trend": 37.752935, "fair_value": 40.719619, "relative_strength": -16.438027, "stage": 4, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -20.047634, "energy": 42.402018, "activity_lines": [ 36.656998, 38.0169, 38.77604, 38.604668 ] }, { "date": "2025-11-07", "close": 38.146471, "volume": 30467685, "typical_volume": 15956109.3, "trend": 37.967309, "fair_value": 40.630365, "relative_strength": -11.66367, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -18.021233, "energy": 37.595863, "activity_lines": [ 37.056198, 37.871007, 38.684775, 38.630058 ] }, { "date": "2025-11-14", "close": 38.431146, "volume": 19594152, "typical_volume": 15895869.25, "trend": 38.157632, "fair_value": 40.561077, "relative_strength": -10.73312, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -21.460899, "energy": 16.102086, "activity_lines": [ 37.632747, 37.829553, 38.631543, 38.659983 ] }, { "date": "2025-11-21", "close": 38.254451, "volume": 16902467, "typical_volume": 16151634.65, "trend": 38.314652, "fair_value": 40.486715, "relative_strength": -8.922125, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -7.760459, "energy": 6.274649, "activity_lines": [ 38.004461, 37.785228, 38.556709, 38.666229 ] }, { "date": "2025-11-28", "close": 40.207912, "volume": 9486780, "typical_volume": 15925377.55, "trend": 38.510341, "fair_value": 40.422847, "relative_strength": -7.294823, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 13.530006, "energy": 13.729019, "activity_lines": [ 38.831, 38.142187, 38.670993, 38.788375 ] }, { "date": "2025-12-05", "close": 41.503675, "volume": 15910209, "typical_volume": 16008862.55, "trend": 38.72826, "fair_value": 40.418172, "relative_strength": -4.487108, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 42.091772, "energy": 29.655583, "activity_lines": [ 39.874809, 38.739916, 38.911829, 38.981493 ] }, { "date": "2025-12-12", "close": 39.599296, "volume": 13270235, "typical_volume": 15601016.55, "trend": 38.844322, "fair_value": 40.379787, "relative_strength": -8.146801, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 38.272939, "energy": 27.864899, "activity_lines": [ 39.971664, 39.007279, 38.9595, 39.037689 ] }, { "date": "2025-12-19", "close": 36.98407, "volume": 20649595, "typical_volume": 15723941.5, "trend": 38.920617, "fair_value": 40.314212, "relative_strength": -14.114471, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -9.047857, "energy": 11.131381, "activity_lines": [ 39.099922, 38.795219, 38.761779, 38.917673 ] }, { "date": "2025-12-26", "close": 37.557773, "volume": 8594750, "typical_volume": 15431598.75, "trend": 39.017326, "fair_value": 40.259595, "relative_strength": -13.780787, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -36.334154, "energy": 14.406153, "activity_lines": [ 38.515886, 38.673979, 38.6255, 38.829747 ] }, { "date": "2026-01-02", "close": 40.050414, "volume": 10330474, "typical_volume": 15128970.6, "trend": 39.121012, "fair_value": 40.236217, "relative_strength": -6.814489, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -16.636768, "energy": 9.963318, "activity_lines": [ 38.809176, 38.965069, 38.732915, 38.896398 ] }, { "date": "2026-01-09", "close": 38.250173, "volume": 22584139, "typical_volume": 15572508.7, "trend": 39.03601, "fair_value": 40.188543, "relative_strength": -11.919176, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -34.223606, "energy": 19.393288, "activity_lines": [ 38.512885, 38.873164, 38.660987, 38.840215 ] }, { "date": "2026-01-16", "close": 39.2591, "volume": 18516619, "typical_volume": 15905570.3, "trend": 38.996656, "fair_value": 40.147977, "relative_strength": -8.787113, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -25.179279, "energy": 10.609269, "activity_lines": [ 38.769803, 38.938721, 38.692929, 38.854608 ] }, { "date": "2026-01-23", "close": 40.57466, "volume": 15542256, "typical_volume": 16022291.95, "trend": 39.101524, "fair_value": 40.109146, "relative_strength": -5.020376, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 15.814958, "energy": 18.621029, "activity_lines": [ 39.487921, 39.223241, 38.858662, 38.956415 ] }, { "date": "2026-01-30", "close": 42.998062, "volume": 23529649, "typical_volume": 16410121.45, "trend": 39.238124, "fair_value": 40.114565, "relative_strength": 0.44173, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 40.453628, "energy": 44.57202, "activity_lines": [ 40.774467, 39.909406, 39.252649, 39.207804 ] }, { "date": "2026-02-06", "close": 46.02484, "volume": 35992809, "typical_volume": 17366751.45, "trend": 39.410003, "fair_value": 40.125117, "relative_strength": 7.793588, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 82.348304, "energy": 75.463521, "activity_lines": [ 42.707253, 41.059648, 39.924388, 39.645657 ] }, { "date": "2026-02-13", "close": 46.420498, "volume": 23137762, "typical_volume": 17826949.5, "trend": 39.656462, "fair_value": 40.169075, "relative_strength": 10.211491, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 78.437351, "energy": 80.921404, "activity_lines": [ 44.37363, 42.176064, 40.607466, 40.097947 ] }, { "date": "2026-02-20", "close": 50.030871, "volume": 23285620, "typical_volume": 18202520.4, "trend": 39.978441, "fair_value": 40.224411, "relative_strength": 17.371466, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 88.460185, "energy": 89.985624, "activity_lines": [ 46.698777, 43.859516, 41.615135, 40.767264 ] }, { "date": "2026-02-27", "close": 50.040762, "volume": 29385762, "typical_volume": 19005727.0, "trend": 40.366039, "fair_value": 40.276724, "relative_strength": 17.914514, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 80.703242, "energy": 90.121346, "activity_lines": [ 48.309102, 45.3551, 42.573043, 41.416446 ] }, { "date": "2026-03-06", "close": 51.68274, "volume": 24585250, "typical_volume": 19326560.5, "trend": 40.792778, "fair_value": 40.37981, "relative_strength": 23.793608, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 81.644623, "energy": 91.961131, "activity_lines": [ 49.83568, 46.911832, 43.621623, 42.146555 ] }, { "date": "2026-03-13", "close": 55.026045, "volume": 29897895, "typical_volume": 20090186.35, "trend": 41.347201, "fair_value": 40.532693, "relative_strength": 33.28978, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 88.25263, "energy": 94.575938, "activity_lines": [ 51.897714, 48.81962, 44.910645, 43.064831 ] }, { "date": "2026-03-20", "close": 56.657035, "volume": 33767743, "typical_volume": 21271592.55, "trend": 41.906293, "fair_value": 40.696617, "relative_strength": 39.096823, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 86.461222, "energy": 93.758952, "activity_lines": [ 53.903331, 50.751667, 46.269104, 44.052562 ] }, { "date": "2026-03-27", "close": 61.738964, "volume": 19843300, "typical_volume": 20740373.3, "trend": 42.59613, "fair_value": 40.880803, "relative_strength": 53.949934, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 92.485321, "energy": 95.750884, "activity_lines": [ 56.920489, 53.273031, 48.017101, 45.332089 ] }, { "date": "2026-04-03", "close": 58.854895, "volume": 15867402, "typical_volume": 20554035.8, "trend": 43.223288, "fair_value": 41.028909, "relative_strength": 40.782889, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 73.306993, "energy": 86.482691, "activity_lines": [ 58.195751, 54.861294, 49.378079, 46.381042 ] }, { "date": "2026-04-10", "close": 55.78187, "volume": 19576793, "typical_volume": 20687752.1, "trend": 43.723, "fair_value": 41.160425, "relative_strength": 27.941823, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.513956, "energy": 66.672975, "activity_lines": [ 57.859062, 55.558458, 50.349132, 47.191273 ] }, { "date": "2026-04-17", "close": 52.519888, "volume": 15275693, "typical_volume": 20977197.75, "trend": 44.12391, "fair_value": 41.28006, "relative_strength": 14.874297, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.987632, "energy": 58.338702, "activity_lines": [ 56.161771, 55.430101, 50.926056, 47.758814 ] }, { "date": "2026-04-24", "close": 55.423847, "volume": 13111683, "typical_volume": 20837271.45, "trend": 44.558794, "fair_value": 41.423765, "relative_strength": 20.006704, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 49.641663, "energy": 43.386639, "activity_lines": [ 55.599543, 55.711644, 51.72092, 48.487842 ] }, { "date": "2026-05-01", "close": 60.515721, "volume": 19439144, "typical_volume": 21145716.9, "trend": 45.263207, "fair_value": 41.608261, "relative_strength": 28.941966, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 74.826725, "energy": 50.739898, "activity_lines": [ 56.816819, 56.755286, 52.934437, 49.517321 ] }, { "date": "2026-05-08", "close": 57.512311, "volume": 25630122, "typical_volume": 21394743.25, "trend": 45.972214, "fair_value": 41.784118, "relative_strength": 19.184808, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 59.38843, "energy": 43.9353, "activity_lines": [ 57.114508, 57.06222, 53.762313, 50.307586 ] }, { "date": "2026-05-15", "close": 59.67039, "volume": 23608804, "typical_volume": 22145445.95, "trend": 46.784243, "fair_value": 41.964192, "relative_strength": 22.703579, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.783204, "energy": 51.71711, "activity_lines": [ 58.221063, 57.625685, 54.697967, 51.191339 ] }, { "date": "2026-05-22", "close": 58.417312, "volume": 17149951, "typical_volume": 22486419.8, "trend": 47.498548, "fair_value": 42.136702, "relative_strength": 18.469889, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 59.916579, "energy": 50.299721, "activity_lines": [ 58.650689, 57.816088, 55.408982, 51.94186 ] }, { "date": "2026-05-29", "close": 55.732144, "volume": 14715148, "typical_volume": 22092970.25, "trend": 48.128911, "fair_value": 42.285256, "relative_strength": 10.946734, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 55.839668, "energy": 40.770122, "activity_lines": [ 57.792099, 57.456619, 55.776805, 52.47306 ] }, { "date": "2026-06-05", "close": 56.388519, "volume": 12349979, "typical_volume": 21784638.25, "trend": 48.736979, "fair_value": 42.425528, "relative_strength": 14.666533, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 43.420368, "energy": 31.074464, "activity_lines": [ 57.131747, 57.233307, 56.123893, 53.005938 ] }, { "date": "2026-06-12", "close": 57.134398, "volume": 12985173, "typical_volume": 21656784.1, "trend": 49.360421, "fair_value": 42.567717, "relative_strength": 15.262774, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 38.840062, "energy": 24.414108, "activity_lines": [ 56.995167, 57.24289, 56.460448, 53.547706 ] }, { "date": "2026-06-19", "close": 52.41, "volume": 16001396, "typical_volume": 21280371.45, "trend": 49.832273, "fair_value": 42.696943, "relative_strength": 4.716587, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 22.050422, "energy": 15.805745, "activity_lines": [ 55.308983, 56.424774, 56.268205, 53.744454 ] }, { "date": "2026-06-26", "close": 53.19, "volume": 21314231, "typical_volume": 20546442.55, "trend": 50.265009, "fair_value": 42.812842, "relative_strength": 8.507087, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 8.941466, "energy": 12.571098, "activity_lines": [ 54.366825, 55.809782, 56.105428, 53.961081 ] }, { "date": "2026-07-03", "close": 52.96, "volume": 10183576, "typical_volume": 19898733.25, "trend": 50.646887, "fair_value": 42.928095, "relative_strength": 5.499548, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 3.638373, "energy": 13.631648, "activity_lines": [ 53.696488, 55.140789, 55.886627, 54.134951 ] }, { "date": "2026-07-10", "close": 55.53, "volume": 10448896, "typical_volume": 19256897.05, "trend": 51.17791, "fair_value": 43.05793, "relative_strength": 8.902287, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 7.245171, "energy": 14.746311, "activity_lines": [ 54.067627, 54.983865, 55.881448, 54.449991 ] }, { "date": "2026-07-17", "close": 57.79, "volume": 17467326, "typical_volume": 18660975.25, "trend": 51.871441, "fair_value": 43.178901, "relative_strength": 14.626858, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 24.447035, "energy": 11.640099, "activity_lines": [ 55.249333, 55.3285, 56.06532, 54.876577 ] }, { "date": "2026-07-24", "close": 63.13, "volume": 22955747, "typical_volume": 18579500.1, "trend": 52.723849, "fair_value": 43.31684, "relative_strength": 25.19919, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 58.403371, "energy": 42.994305, "activity_lines": [ 58.167333, 56.638995, 56.720863, 55.602936 ] }, { "date": "2026-07-31", "close": 62.46, "volume": 16033820, "typical_volume": 17886296.35, "trend": 53.470835, "fair_value": 43.433991, "relative_strength": 21.801568, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 67.221467, "energy": 64.920704, "activity_lines": [ 60.147333, 57.76477, 57.258085, 56.231075 ] }, { "date": "2026-08-07", "close": 59.36, "volume": 14343858, "typical_volume": 16915102.1, "trend": 54.174496, "fair_value": 43.527013, "relative_strength": 11.359542, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 56.90536, "energy": 64.334333, "activity_lines": [ 60.476, 58.253406, 57.464669, 56.611021 ] } ], "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." } } }