{ "ticker": { "uuid": "f0af70e4-2379-492f-8ca3-d9d715bacfb9", "symbol": "PSEP", "name": "Innovator U.S. Equity Power Buffer ETF - September", "exchange": "CBOE", "country": "US", "assetType": "etf" }, "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.", "analysis": { "eligible": true, "as_of": "2026-08-07", "benchmark": "SPY", "stage": 2, "stage_name": "Advancing", "phase": "2a", "phase_label": "Stage 2A \u00b7 Early advance", "transition": "stage_2_healthy", "transition_label": "Stage 2 trend intact", "confidence": 48.539, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Established expansion", "architecture_gate": "up", "architecture_direction": 86.304, "architecture_energy": 84.557, "architecture_maturity": 45.219, "architecture_confidence": 81.156, "architecture_tenure": "Established", "architecture": { "interpretation": { "headline": "The weekly architecture is expanding upward.", "body": "Trend and Activity show sustained positive alignment with constructive price acceptance. Directional energy remains positive; cooling within this regime can indicate that it is maturing." }, "scores": { "balance": 1.56, "rotation_up": 68.51, "upward_expansion": 95.53, "deceleration": 43.02, "rotation_down": 26.83, "downward_expansion": 17.53 }, "activity_lines": [ 46.407333, 46.235, 45.906881, 45.423524 ], "activity_state": "Wide", "activity_direction": "Expanding", "rotation_direction": "Weakening", "price_acceptance": 1.0 }, "latest_close": 46.65, "trend_reference": 44.865203, "distance_from_trend": 0.039781, "trend_direction": "Improving", "fair_value": 39.494413, "distance_from_fair_value": 0.18118, "fair_value_direction": "Weakening", "relative_strength": -5.662392, "relative_strength_direction": "Weakening", "price_momentum": 0.05807, "excess_performance": -0.067555, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.039781, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.020137, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.18118, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.00334, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.056624, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.001612, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.05807, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 3.717652, "read": "Demand-led" } ], "volume": { "latest": 477527, "relative_activity": 3.755463, "balance": 3.717652, "dry_up": 1.446263, "accumulation_observations": 3, "distribution_observations": 2 }, "risk": { "range_context": 0.00663, "annualized_volatility": 0.057046, "from_high_reference": -0.000964, "from_low_reference": 0.117365 }, "levels": { "trend_reference": 44.865203, "fair_value_reference": 39.494413, "structural_low": 42.31, "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 46, "median_return": 0.009242, "positive_rate": 0.608696, "directional_follow_through": 0.608696, "median_excess_return": -0.007758, "regime_survival": 0.847826, "best_return": 0.035235, "worst_return": -0.029128, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 16, "median_return": 0.02596, "positive_rate": 0.8125, "directional_follow_through": 0.8125, "median_excess_return": -0.008575, "regime_survival": 0.6875, "best_return": 0.064545, "worst_return": -0.01636, "sufficient": true }, { "horizon": "Extended", "sample_count": 9, "median_return": 0.053739, "positive_rate": 0.888889, "directional_follow_through": 0.888889, "median_excess_return": -0.035323, "regime_survival": 0.666667, "best_return": 0.094017, "worst_return": -0.054377, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 4, "median_return": 0.116844, "positive_rate": 0.75, "directional_follow_through": 0.75, "median_excess_return": -0.031931, "regime_survival": 0.5, "best_return": 0.160684, "worst_return": -0.031145, "sufficient": false } ], "ledger": [ { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2023-09-01", "end": "2023-09-15", "tenure": "New", "return": -0.006903, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2023-09-22", "end": "2023-10-06", "tenure": "New", "return": -0.002151, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2023-10-13", "end": "2023-11-24", "tenure": "Developing", "return": 0.035561, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2023-12-01", "end": "2024-04-26", "tenure": "Established", "return": 0.06985, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-05-03", "end": "2024-05-10", "tenure": "New", "return": 0.009053, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-05-17", "end": "2025-03-07", "tenure": "Extended", "return": 0.051324, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-03-14", "end": "2025-03-28", "tenure": "New", "return": -0.004159, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-04-04", "end": "2025-04-11", "tenure": "New", "return": 0.02693, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-04-18", "end": "2025-05-23", "tenure": "Developing", "return": 0.058111, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-05-30", "end": "2025-06-27", "tenure": "Developing", "return": 0.026544, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-07-04", "end": "2026-03-27", "tenure": "Extended", "return": 0.032762, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2026-04-03", "end": "2026-04-10", "tenure": "New", "return": 0.019173, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-04-17", "end": "2026-04-24", "tenure": "New", "return": 0.00167, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-05-01", "end": "2026-08-07", "tenure": "Established", "return": 0.032274, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 32.24, "volume": 102851, "typical_volume": 420565.85, "trend": 31.368923, "fair_value": 29.347419, "relative_strength": -2.158697, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 50.095685, "energy": 44.855366, "activity_lines": [ 32.793333, 32.833455, 32.382172, 31.92489 ] }, { "date": "2023-08-25", "close": 32.47, "volume": 124711, "typical_volume": 413929.9, "trend": 31.436923, "fair_value": 29.383957, "relative_strength": -2.240181, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 41.913958, "energy": 28.878416, "activity_lines": [ 32.626667, 32.781455, 32.434165, 31.995927 ] }, { "date": "2023-09-01", "close": 33.32, "volume": 3944288, "typical_volume": 580956.15, "trend": 31.522923, "fair_value": 29.428108, "relative_strength": -2.121888, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 58.426754, "energy": 35.959416, "activity_lines": [ 32.795333, 32.883273, 32.558681, 32.117416 ] }, { "date": "2023-09-08", "close": 33.07, "volume": 1407478, "typical_volume": 641676.15, "trend": 31.60859, "fair_value": 29.472467, "relative_strength": -1.610654, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 48.906255, "energy": 32.716232, "activity_lines": [ 32.894, 32.917455, 32.647741, 32.217227 ] }, { "date": "2023-09-15", "close": 33.09, "volume": 1428570, "typical_volume": 705103.35, "trend": 31.695923, "fair_value": 29.517178, "relative_strength": -1.377885, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 60.946332, "energy": 44.370977, "activity_lines": [ 32.991333, 32.948727, 32.728109, 32.312802 ] }, { "date": "2023-09-22", "close": 32.54, "volume": 1935346, "typical_volume": 797079.95, "trend": 31.779923, "fair_value": 29.559158, "relative_strength": -0.037609, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 54.295588, "energy": 38.883517, "activity_lines": [ 32.892, 32.867818, 32.746191, 32.367258 ] }, { "date": "2023-09-29", "close": 32.4, "volume": 508450, "typical_volume": 817062.6, "trend": 31.847473, "fair_value": 29.598837, "relative_strength": 0.301141, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 36.438922, "energy": 22.224435, "activity_lines": [ 32.726, 32.770727, 32.743024, 32.407263 ] }, { "date": "2023-10-06", "close": 32.47, "volume": 316858, "typical_volume": 826829.5, "trend": 31.94614, "fair_value": 29.635183, "relative_strength": 0.109621, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 21.030302, "energy": 14.50966, "activity_lines": [ 32.588, 32.701818, 32.738762, 32.447426 ] }, { "date": "2023-10-13", "close": 32.62, "volume": 116413, "typical_volume": 778926.25, "trend": 32.041383, "fair_value": 29.672812, "relative_strength": 0.197722, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 16.05186, "energy": 16.605408, "activity_lines": [ 32.556667, 32.679273, 32.742667, 32.490901 ] }, { "date": "2023-10-20", "close": 32.15, "volume": 227357, "typical_volume": 770528.95, "trend": 32.109717, "fair_value": 29.707042, "relative_strength": 1.197073, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": -1.143268, "energy": 13.914353, "activity_lines": [ 32.398667, 32.577273, 32.69519, 32.497909 ] }, { "date": "2023-10-27", "close": 31.72, "volume": 101154, "typical_volume": 769917.25, "trend": 32.144383, "fair_value": 29.743901, "relative_strength": 2.373074, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": -14.627038, "energy": 27.916753, "activity_lines": [ 32.16, 32.410545, 32.604381, 32.472766 ] }, { "date": "2023-11-03", "close": 32.8068, "volume": 170919, "typical_volume": 716781.55, "trend": 32.21461, "fair_value": 29.781637, "relative_strength": 0.084713, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 14.619665, "energy": 15.449266, "activity_lines": [ 32.338267, 32.450873, 32.617362, 32.515502 ] }, { "date": "2023-11-10", "close": 33.08, "volume": 411111, "typical_volume": 724434.1, "trend": 32.288143, "fair_value": 29.818304, "relative_strength": -0.425513, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 39.644592, "energy": 17.109817, "activity_lines": [ 32.58048, 32.534749, 32.654568, 32.571334 ] }, { "date": "2023-11-17", "close": 33.57, "volume": 356805, "typical_volume": 718360.0, "trend": 32.378983, "fair_value": 29.858721, "relative_strength": -1.194724, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 57.880949, "energy": 34.937006, "activity_lines": [ 32.94536, 32.71208, 32.733773, 32.654034 ] }, { "date": "2023-11-24", "close": 33.78, "volume": 195331, "typical_volume": 648155.35, "trend": 32.471317, "fair_value": 29.898784, "relative_strength": -1.530571, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 74.564329, "energy": 65.351072, "activity_lines": [ 33.316907, 32.918502, 32.828884, 32.744423 ] }, { "date": "2023-12-01", "close": 33.93, "volume": 208711, "typical_volume": 642095.05, "trend": 32.573063, "fair_value": 29.93872, "relative_strength": -1.880845, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 77.194581, "energy": 82.844647, "activity_lines": [ 33.629787, 33.139651, 32.931804, 32.838531 ] }, { "date": "2023-12-08", "close": 34.0055, "volume": 147290, "typical_volume": 636640.05, "trend": 32.680913, "fair_value": 29.979204, "relative_strength": -1.837079, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 76.335851, "energy": 85.14717, "activity_lines": [ 33.8205, 33.349255, 33.037724, 32.930946 ] }, { "date": "2023-12-15", "close": 34.48, "volume": 146523, "typical_volume": 631148.1, "trend": 32.790743, "fair_value": 30.022088, "relative_strength": -2.696225, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 84.092307, "energy": 89.517279, "activity_lines": [ 34.089467, 33.61594, 33.185237, 33.047017 ] }, { "date": "2023-12-22", "close": 34.69, "volume": 326426, "typical_volume": 618413.05, "trend": 32.906077, "fair_value": 30.066063, "relative_strength": -2.888087, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 84.020553, "energy": 92.605257, "activity_lines": [ 34.3351, 33.884262, 33.348178, 33.169549 ] }, { "date": "2023-12-29", "close": 34.7624, "volume": 129214, "typical_volume": 615290.3, "trend": 33.009823, "fair_value": 30.109924, "relative_strength": -2.913226, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 80.009527, "energy": 91.084991, "activity_lines": [ 34.5302, 34.128111, 33.509729, 33.289312 ] }, { "date": "2024-01-05", "close": 34.46, "volume": 198939, "typical_volume": 620094.7, "trend": 33.099157, "fair_value": 30.150629, "relative_strength": -2.148877, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.655306, "energy": 85.114616, "activity_lines": [ 34.559007, 34.26948, 33.633564, 33.382872 ] }, { "date": "2024-01-12", "close": 34.86, "volume": 131782, "typical_volume": 620448.25, "trend": 33.180157, "fair_value": 30.195245, "relative_strength": -2.750046, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 75.82364, "energy": 85.315924, "activity_lines": [ 34.685813, 34.433758, 33.784922, 33.496475 ] }, { "date": "2024-01-19", "close": 35.09, "volume": 131972, "typical_volume": 429832.45, "trend": 33.279823, "fair_value": 30.239796, "relative_strength": -3.176128, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 79.691364, "energy": 81.927614, "activity_lines": [ 34.83232, 34.602524, 33.946805, 33.61969 ] }, { "date": "2024-01-26", "close": 35.29, "volume": 204312, "typical_volume": 369674.15, "trend": 33.365823, "fair_value": 30.28845, "relative_strength": -3.526444, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 81.774719, "energy": 83.391255, "activity_lines": [ 35.004827, 34.771107, 34.119306, 33.749379 ] }, { "date": "2024-02-02", "close": 35.51, "volume": 195193, "typical_volume": 308005.3, "trend": 33.468823, "fair_value": 30.335373, "relative_strength": -4.193112, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 84.561035, "energy": 92.880913, "activity_lines": [ 35.210667, 34.948418, 34.302189, 33.887713 ] }, { "date": "2024-02-09", "close": 35.74, "volume": 117547, "typical_volume": 217115.35, "trend": 33.55849, "fair_value": 30.382873, "relative_strength": -4.778524, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 84.559624, "energy": 93.533748, "activity_lines": [ 35.443333, 35.136093, 34.495452, 34.034241 ] }, { "date": "2024-02-16", "close": 35.73, "volume": 192157, "typical_volume": 201300.7, "trend": 33.641157, "fair_value": 30.431014, "relative_strength": -4.37425, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 78.591848, "energy": 91.651739, "activity_lines": [ 35.587333, 35.28904, 34.672525, 34.174338 ] }, { "date": "2024-02-23", "close": 35.96, "volume": 102757, "typical_volume": 190595.65, "trend": 33.72249, "fair_value": 30.481976, "relative_strength": -5.190826, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 81.949024, "energy": 91.888689, "activity_lines": [ 35.75, 35.452451, 34.855645, 34.323941 ] }, { "date": "2024-03-01", "close": 36.12, "volume": 924420, "typical_volume": 230996.0, "trend": 33.828157, "fair_value": 30.532691, "relative_strength": -5.554752, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 82.120379, "energy": 85.432303, "activity_lines": [ 35.908, 35.618044, 35.037385, 34.478619 ] }, { "date": "2024-03-08", "close": 36.08, "volume": 188092, "typical_volume": 229032.75, "trend": 33.93449, "fair_value": 30.581601, "relative_strength": -5.2768, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 74.488264, "energy": 69.98013, "activity_lines": [ 35.997333, 35.750364, 35.198648, 34.623899 ] }, { "date": "2024-03-15", "close": 36.1, "volume": 158661, "typical_volume": 231908.1, "trend": 34.063157, "fair_value": 30.630268, "relative_strength": -5.007643, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 72.393908, "energy": 69.263781, "activity_lines": [ 36.055333, 35.862364, 35.343102, 34.763609 ] }, { "date": "2024-03-22", "close": 36.42, "volume": 471331, "typical_volume": 246928.7, "trend": 34.194823, "fair_value": 30.679755, "relative_strength": -6.081393, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 82.958869, "energy": 72.775311, "activity_lines": [ 36.196, 36.002727, 35.497175, 34.915664 ] }, { "date": "2024-03-29", "close": 36.5, "volume": 92678, "typical_volume": 231007.05, "trend": 34.300823, "fair_value": 30.728568, "relative_strength": -6.057981, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 80.590918, "energy": 71.685551, "activity_lines": [ 36.317333, 36.129273, 35.641661, 35.064385 ] }, { "date": "2024-04-05", "close": 36.38, "volume": 196171, "typical_volume": 222975.35, "trend": 34.411157, "fair_value": 30.775587, "relative_strength": -5.383158, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 70.187952, "energy": 67.732345, "activity_lines": [ 36.362667, 36.208364, 35.758433, 35.198525 ] }, { "date": "2024-04-12", "close": 36.21, "volume": 167359, "typical_volume": 221576.75, "trend": 34.515157, "fair_value": 30.820972, "relative_strength": -4.302323, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.292665, "energy": 66.020266, "activity_lines": [ 36.334, 36.236727, 35.845633, 35.31458 ] }, { "date": "2024-04-19", "close": 35.76, "volume": 123652, "typical_volume": 217323.8, "trend": 34.62249, "fair_value": 30.863567, "relative_strength": -2.403172, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 53.873351, "energy": 55.004067, "activity_lines": [ 36.146667, 36.170545, 35.878405, 35.394892 ] }, { "date": "2024-04-26", "close": 36.3, "volume": 87759, "typical_volume": 214347.25, "trend": 34.75249, "fair_value": 30.909497, "relative_strength": -3.376849, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 57.095673, "energy": 48.358029, "activity_lines": [ 36.162, 36.202182, 35.953891, 35.503119 ] }, { "date": "2024-05-03", "close": 36.45, "volume": 108531, "typical_volume": 212447.65, "trend": 34.885157, "fair_value": 30.955779, "relative_strength": -3.436207, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 62.274331, "energy": 47.889823, "activity_lines": [ 36.235333, 36.250727, 36.032737, 35.612635 ] }, { "date": "2024-05-10", "close": 36.78, "volume": 76976, "typical_volume": 199975.15, "trend": 35.023823, "fair_value": 31.004881, "relative_strength": -4.218052, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 81.031322, "energy": 60.09481, "activity_lines": [ 36.422, 36.350364, 36.13363, 35.734883 ] }, { "date": "2024-05-17", "close": 37.02, "volume": 101375, "typical_volume": 198583.2, "trend": 35.186157, "fair_value": 31.055522, "relative_strength": -5.020645, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 84.86968, "energy": 70.927039, "activity_lines": [ 36.662, 36.481636, 36.247429, 35.863669 ] }, { "date": "2024-05-24", "close": 37.08, "volume": 230031, "typical_volume": 200137.8, "trend": 35.364823, "fair_value": 31.105458, "relative_strength": -4.730511, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 81.498195, "energy": 90.551348, "activity_lines": [ 36.868, 36.606727, 36.35619, 35.985852 ] }, { "date": "2024-05-31", "close": 37.12, "volume": 89568, "typical_volume": 198027.1, "trend": 35.508597, "fair_value": 31.155458, "relative_strength": -4.136709, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 77.479245, "energy": 90.369007, "activity_lines": [ 36.999333, 36.721273, 36.456286, 36.09909 ] }, { "date": "2024-06-07", "close": 37.24, "volume": 434214, "typical_volume": 213139.2, "trend": 35.647263, "fair_value": 31.205715, "relative_strength": -4.891506, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 77.960954, "energy": 90.341116, "activity_lines": [ 37.116, 36.844909, 36.557048, 36.210793 ] }, { "date": "2024-06-14", "close": 37.35, "volume": 152844, "typical_volume": 210565.8, "trend": 35.773263, "fair_value": 31.257574, "relative_strength": -6.009358, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 78.515358, "energy": 87.468354, "activity_lines": [ 37.216667, 36.975091, 36.658048, 36.320647 ] }, { "date": "2024-06-21", "close": 37.429, "volume": 100844, "typical_volume": 205848.35, "trend": 35.894897, "fair_value": 31.308465, "relative_strength": -6.255026, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 78.451144, "energy": 81.017279, "activity_lines": [ 37.305667, 37.102, 36.756762, 36.427469 ] }, { "date": "2024-06-28", "close": 37.47, "volume": 128114, "typical_volume": 206376.7, "trend": 36.012897, "fair_value": 31.35949, "relative_strength": -5.954887, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 75.930698, "energy": 75.856533, "activity_lines": [ 37.381067, 37.2142, 36.850243, 36.529088 ] }, { "date": "2024-07-05", "close": 37.59, "volume": 106310, "typical_volume": 202084.35, "trend": 36.13238, "fair_value": 31.411285, "relative_strength": -7.250976, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 78.416291, "energy": 74.966994, "activity_lines": [ 37.470467, 37.317127, 36.946914, 36.630837 ] }, { "date": "2024-07-12", "close": 37.665, "volume": 164082, "typical_volume": 205150.6, "trend": 36.238547, "fair_value": 31.463304, "relative_strength": -7.775722, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 78.295208, "energy": 78.702481, "activity_lines": [ 37.553533, 37.410236, 37.041871, 36.729716 ] }, { "date": "2024-07-19", "close": 37.65, "volume": 130808, "typical_volume": 165470.0, "trend": 36.337213, "fair_value": 31.515228, "relative_strength": -5.816638, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 73.777765, "energy": 81.451418, "activity_lines": [ 37.603267, 37.478527, 37.127281, 36.820777 ] }, { "date": "2024-07-26", "close": 37.63, "volume": 99934, "typical_volume": 161062.1, "trend": 36.4328, "fair_value": 31.567087, "relative_strength": -4.94754, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 69.662217, "energy": 83.735803, "activity_lines": [ 37.626333, 37.527364, 37.2035, 36.904183 ] }, { "date": "2024-08-02", "close": 37.44, "volume": 345836, "typical_volume": 170420.85, "trend": 36.532133, "fair_value": 31.617407, "relative_strength": -3.26373, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.888386, "energy": 65.047838, "activity_lines": [ 37.572667, 37.530564, 37.254243, 36.969163 ] }, { "date": "2024-08-09", "close": 37.5605, "volume": 123585, "typical_volume": 153033.55, "trend": 36.62215, "fair_value": 31.668436, "relative_strength": -2.856393, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 62.613702, "energy": 55.63816, "activity_lines": [ 37.561167, 37.549127, 37.310081, 37.03551 ] }, { "date": "2024-08-16", "close": 37.895, "volume": 69303, "typical_volume": 151864.8, "trend": 36.71565, "fair_value": 31.721288, "relative_strength": -5.597367, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 80.350621, "energy": 62.404274, "activity_lines": [ 37.663133, 37.6205, 37.392345, 37.117629 ] }, { "date": "2024-08-23", "close": 37.95, "volume": 262583, "typical_volume": 155185.4, "trend": 36.804317, "fair_value": 31.774365, "relative_strength": -6.593779, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 78.305964, "energy": 64.37197, "activity_lines": [ 37.7681, 37.689964, 37.473205, 37.197265 ] }, { "date": "2024-08-30", "close": 38.03, "volume": 2002219, "typical_volume": 246928.4, "trend": 36.888317, "fair_value": 31.827506, "relative_strength": -6.469601, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 78.02457, "energy": 68.913641, "activity_lines": [ 37.879733, 37.763064, 37.554207, 37.276341 ] }, { "date": "2024-09-06", "close": 37.22, "volume": 5459131, "typical_volume": 513702.35, "trend": 36.93765, "fair_value": 31.877378, "relative_strength": -4.348244, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 51.489351, "energy": 45.297486, "activity_lines": [ 37.6947, 37.677964, 37.5494, 37.29774 ] }, { "date": "2024-09-13", "close": 38.03, "volume": 1516692, "typical_volume": 585149.0, "trend": 37.014317, "fair_value": 31.932763, "relative_strength": -5.836781, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 72.083654, "energy": 49.630177, "activity_lines": [ 37.794333, 37.744682, 37.614783, 37.368214 ] }, { "date": "2024-09-20", "close": 38.33, "volume": 806191, "typical_volume": 620032.0, "trend": 37.093317, "fair_value": 31.989301, "relative_strength": -6.194024, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 79.50483, "energy": 54.476731, "activity_lines": [ 37.962667, 37.857945, 37.7005, 37.453097 ] }, { "date": "2024-09-27", "close": 38.44, "volume": 500166, "typical_volume": 641191.5, "trend": 37.17065, "fair_value": 32.048468, "relative_strength": -6.215219, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 77.983692, "energy": 57.07352, "activity_lines": [ 38.138667, 37.979118, 37.78774, 37.53998 ] }, { "date": "2024-10-04", "close": 38.4076, "volume": 1194254, "typical_volume": 695835.45, "trend": 37.248237, "fair_value": 32.106914, "relative_strength": -6.300377, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 71.899958, "energy": 73.062387, "activity_lines": [ 38.2712, 38.080036, 37.86399, 37.619783 ] }, { "date": "2024-10-11", "close": 38.5873, "volume": 244606, "typical_volume": 696564.2, "trend": 37.331147, "fair_value": 32.164204, "relative_strength": -6.682028, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 72.542022, "energy": 78.256255, "activity_lines": [ 38.43846, 38.199489, 37.950747, 37.706174 ] }, { "date": "2024-10-18", "close": 38.77, "volume": 117141, "typical_volume": 697942.85, "trend": 37.40948, "fair_value": 32.221256, "relative_strength": -6.766121, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 77.465206, "energy": 78.956467, "activity_lines": [ 38.575467, 38.3313, 38.047726, 37.799003 ] }, { "date": "2024-10-25", "close": 38.6667, "volume": 121950, "typical_volume": 682329.65, "trend": 37.481703, "fair_value": 32.277068, "relative_strength": -5.830311, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.520443, "energy": 65.480605, "activity_lines": [ 38.628707, 38.422338, 38.12701, 37.880114 ] }, { "date": "2024-11-01", "close": 38.4, "volume": 116830, "typical_volume": 680528.95, "trend": 37.549037, "fair_value": 32.329345, "relative_strength": -4.931197, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.394998, "energy": 52.629909, "activity_lines": [ 38.5706, 38.450855, 38.1741, 37.939359 ] }, { "date": "2024-11-08", "close": 39.2, "volume": 1070348, "typical_volume": 729004.15, "trend": 37.648703, "fair_value": 32.387358, "relative_strength": -7.0885, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 84.319248, "energy": 63.644557, "activity_lines": [ 38.781827, 38.616644, 38.29238, 38.045873 ] }, { "date": "2024-11-15", "close": 38.9, "volume": 283401, "typical_volume": 736768.5, "trend": 37.75337, "fair_value": 32.443303, "relative_strength": -5.608036, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.329162, "energy": 55.817311, "activity_lines": [ 38.840227, 38.706615, 38.373656, 38.126602 ] }, { "date": "2024-11-22", "close": 39.14, "volume": 168286, "typical_volume": 739867.3, "trend": 37.848037, "fair_value": 32.50247, "relative_strength": -6.339701, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 73.503943, "energy": 58.259646, "activity_lines": [ 38.95778, 38.809676, 38.47098, 38.216062 ] }, { "date": "2024-11-29", "close": 39.382, "volume": 129798, "typical_volume": 738153.1, "trend": 37.94577, "fair_value": 32.565015, "relative_strength": -6.617307, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 77.853565, "energy": 75.393859, "activity_lines": [ 39.131333, 38.936556, 38.58397, 38.315027 ] }, { "date": "2024-12-06", "close": 39.51, "volume": 723701, "typical_volume": 767797.75, "trend": 38.03677, "fair_value": 32.62444, "relative_strength": -6.871462, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 77.778231, "energy": 80.960595, "activity_lines": [ 39.299867, 39.067582, 38.700974, 38.415945 ] }, { "date": "2024-12-13", "close": 39.42, "volume": 171945, "typical_volume": 771398.3, "trend": 38.11677, "fair_value": 32.684953, "relative_strength": -6.299731, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 71.992668, "energy": 85.636898, "activity_lines": [ 39.3644, 39.162789, 38.80055, 38.505186 ] }, { "date": "2024-12-20", "close": 39.19, "volume": 254005, "typical_volume": 766806.75, "trend": 38.187103, "fair_value": 32.74194, "relative_strength": -4.897566, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.899652, "energy": 73.546024, "activity_lines": [ 39.3376, 39.197771, 38.869697, 38.574426 ] }, { "date": "2024-12-27", "close": 39.37, "volume": 108826, "typical_volume": 766068.8, "trend": 38.262103, "fair_value": 32.799504, "relative_strength": -4.873055, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.434674, "energy": 56.355734, "activity_lines": [ 39.351467, 39.254522, 38.947653, 38.650742 ] }, { "date": "2025-01-03", "close": 39.3, "volume": 199527, "typical_volume": 772580.0, "trend": 38.33077, "fair_value": 32.857613, "relative_strength": -4.334483, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 60.388685, "energy": 48.094201, "activity_lines": [ 39.326667, 39.287636, 39.010327, 38.717703 ] }, { "date": "2025-01-10", "close": 38.93, "volume": 235640, "typical_volume": 771232.85, "trend": 38.383437, "fair_value": 32.913575, "relative_strength": -3.176387, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 44.656259, "energy": 32.302207, "activity_lines": [ 39.184, 39.241964, 39.031071, 38.756363 ] }, { "date": "2025-01-17", "close": 39.5, "volume": 199444, "typical_volume": 681094.1, "trend": 38.45247, "fair_value": 32.977998, "relative_strength": -4.367348, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 55.157057, "energy": 36.058453, "activity_lines": [ 39.27, 39.290291, 39.101435, 38.8284 ] }, { "date": "2025-01-24", "close": 39.8141, "volume": 167041, "typical_volume": 416489.6, "trend": 38.530607, "fair_value": 33.044083, "relative_strength": -5.046981, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 72.652743, "energy": 46.84668, "activity_lines": [ 39.455367, 39.390273, 39.194713, 38.916247 ] }, { "date": "2025-01-31", "close": 39.71, "volume": 522517, "typical_volume": 366780.85, "trend": 38.601273, "fair_value": 33.107929, "relative_strength": -4.146539, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.876649, "energy": 47.013656, "activity_lines": [ 39.564427, 39.454707, 39.265724, 38.992337 ] }, { "date": "2025-02-07", "close": 39.6978, "volume": 2558057, "typical_volume": 454374.15, "trend": 38.669033, "fair_value": 33.172794, "relative_strength": -3.84345, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.898111, "energy": 58.48297, "activity_lines": [ 39.646753, 39.50656, 39.327573, 39.06308 ] }, { "date": "2025-02-14", "close": 39.94, "volume": 850066, "typical_volume": 471869.15, "trend": 38.745367, "fair_value": 33.24087, "relative_strength": -4.488269, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 71.962953, "energy": 72.19781, "activity_lines": [ 39.783293, 39.596707, 39.405976, 39.145078 ] }, { "date": "2025-02-21", "close": 39.705, "volume": 90489, "typical_volume": 416680.9, "trend": 38.814533, "fair_value": 33.306674, "relative_strength": -3.355606, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.657708, "energy": 55.131305, "activity_lines": [ 39.774167, 39.636309, 39.454854, 39.20699 ] }, { "date": "2025-02-28", "close": 39.58, "volume": 144978, "typical_volume": 411699.5, "trend": 38.885867, "fair_value": 33.372907, "relative_strength": -2.596837, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 56.917876, "energy": 40.742055, "activity_lines": [ 39.709707, 39.648002, 39.48565, 39.256375 ] }, { "date": "2025-03-07", "close": 38.92, "volume": 210970, "typical_volume": 416390.95, "trend": 38.931183, "fair_value": 33.437843, "relative_strength": -1.077698, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 20.640589, "energy": 13.83852, "activity_lines": [ 39.440853, 39.532604, 39.448861, 39.258577 ] }, { "date": "2025-03-14", "close": 38.47, "volume": 195850, "typical_volume": 420085.95, "trend": 38.95035, "fair_value": 33.493868, "relative_strength": 0.144654, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": -10.85563, "energy": 19.48732, "activity_lines": [ 39.074667, 39.343569, 39.368501, 39.228823 ] }, { "date": "2025-03-21", "close": 38.62, "volume": 122292, "typical_volume": 420359.05, "trend": 38.972683, "fair_value": 33.548932, "relative_strength": 0.090106, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -26.992727, "energy": 33.670032, "activity_lines": [ 38.840333, 39.196898, 39.303364, 39.207511 ] }, { "date": "2025-03-28", "close": 38.31, "volume": 258462, "typical_volume": 379764.75, "trend": 38.982017, "fair_value": 33.602009, "relative_strength": 0.822101, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -35.633565, "energy": 44.706057, "activity_lines": [ 38.590667, 38.9995, 39.207655, 39.164757 ] }, { "date": "2025-04-04", "close": 36.39, "volume": 1690201, "typical_volume": 450104.75, "trend": 38.95435, "fair_value": 33.643227, "relative_strength": 5.289731, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "mixed", "direction": -66.30616, "energy": 79.58835, "activity_lines": [ 37.794, 38.474647, 38.933327, 38.99753 ] }, { "date": "2025-04-11", "close": 37.37, "volume": 285961, "typical_volume": 455988.5, "trend": 38.93235, "fair_value": 33.693035, "relative_strength": 2.373046, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -71.358183, "energy": 79.66779, "activity_lines": [ 37.536667, 38.190233, 38.764284, 38.895314 ] }, { "date": "2025-04-18", "close": 37.17, "volume": 56319, "typical_volume": 452314.55, "trend": 38.893683, "fair_value": 33.743932, "relative_strength": 3.355129, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -71.507676, "energy": 80.97445, "activity_lines": [ 37.316, 37.912, 38.584623, 38.781614 ] }, { "date": "2025-04-25", "close": 38.17, "volume": 125914, "typical_volume": 422425.2, "trend": 38.884683, "fair_value": 33.804701, "relative_strength": 1.551376, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.975933, "energy": 62.191267, "activity_lines": [ 37.515333, 37.861545, 38.510733, 38.734925 ] }, { "date": "2025-05-02", "close": 38.83, "volume": 174177, "typical_volume": 422536.8, "trend": 38.898763, "fair_value": 33.869637, "relative_strength": 0.473252, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -41.925049, "energy": 29.068132, "activity_lines": [ 37.964667, 37.963273, 38.506081, 38.731397 ] }, { "date": "2025-05-09", "close": 38.7258, "volume": 156028, "typical_volume": 417637.95, "trend": 38.90338, "fair_value": 33.935399, "relative_strength": 0.715459, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -34.092895, "energy": 19.563969, "activity_lines": [ 38.3446, 38.061964, 38.494315, 38.720238 ] }, { "date": "2025-05-16", "close": 39.85, "volume": 60545, "typical_volume": 415223.9, "trend": 38.93938, "fair_value": 34.010271, "relative_strength": -1.464788, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "mixed", "direction": 16.437598, "energy": 23.975303, "activity_lines": [ 38.943547, 38.380585, 38.591826, 38.78131 ] }, { "date": "2025-05-23", "close": 39.33, "volume": 88251, "typical_volume": 409660.1, "trend": 38.96149, "fair_value": 34.076681, "relative_strength": -0.131561, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "mixed", "direction": 8.171146, "energy": 23.478502, "activity_lines": [ 39.203827, 38.587753, 38.637527, 38.806511 ] }, { "date": "2025-05-30", "close": 39.7498, "volume": 80589, "typical_volume": 401907.55, "trend": 39.006483, "fair_value": 34.146296, "relative_strength": -0.718301, "stage": 3, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 26.748514, "energy": 31.648896, "activity_lines": [ 39.46004, 38.855611, 38.723067, 38.85737 ] }, { "date": "2025-06-06", "close": 40.1145, "volume": 62627, "typical_volume": 395066.7, "trend": 39.036967, "fair_value": 34.221965, "relative_strength": -1.335409, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 33.657574, "energy": 45.026062, "activity_lines": [ 39.7325, 39.169236, 38.839436, 38.928855 ] }, { "date": "2025-06-13", "close": 39.95, "volume": 112918, "typical_volume": 392360.55, "trend": 39.071967, "fair_value": 34.301132, "relative_strength": -1.310374, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 27.638916, "energy": 47.636292, "activity_lines": [ 39.864493, 39.420144, 38.937212, 38.98776 ] }, { "date": "2025-06-20", "close": 40.0, "volume": 105311, "typical_volume": 371500.25, "trend": 39.100633, "fair_value": 34.375074, "relative_strength": -0.963913, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 27.531152, "energy": 45.412643, "activity_lines": [ 39.93154, 39.615415, 39.039103, 39.047633 ] }, { "date": "2025-06-27", "close": 40.8049, "volume": 247759, "typical_volume": 255985.35, "trend": 39.148063, "fair_value": 34.455298, "relative_strength": -2.267982, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 76.074597, "energy": 67.381008, "activity_lines": [ 40.256887, 39.909213, 39.21627, 39.157586 ] }, { "date": "2025-07-04", "close": 41.1237, "volume": 158897, "typical_volume": 221426.9, "trend": 39.201853, "fair_value": 34.535637, "relative_strength": -3.068883, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 80.259832, "energy": 79.024445, "activity_lines": [ 40.590173, 40.194885, 39.418527, 39.285046 ] }, { "date": "2025-07-11", "close": 41.16, "volume": 95769, "typical_volume": 221690.9, "trend": 39.259853, "fair_value": 34.616471, "relative_strength": -2.657962, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 78.837652, "energy": 87.728578, "activity_lines": [ 40.843967, 40.433455, 39.618605, 39.411378 ] }, { "date": "2025-07-18", "close": 41.3, "volume": 59231, "typical_volume": 217403.55, "trend": 39.330187, "fair_value": 34.696053, "relative_strength": -2.843312, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 77.142292, "energy": 90.089264, "activity_lines": [ 41.074727, 40.655115, 39.825087, 39.543001 ] }, { "date": "2025-07-25", "close": 41.62, "volume": 70538, "typical_volume": 210381.95, "trend": 39.405187, "fair_value": 34.775531, "relative_strength": -3.426106, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 81.715818, "energy": 92.451496, "activity_lines": [ 41.322153, 40.888153, 40.053855, 39.690731 ] }, { "date": "2025-08-01", "close": 41.25, "volume": 402113, "typical_volume": 220695.1, "trend": 39.470187, "fair_value": 34.851941, "relative_strength": -1.783337, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.847677, "energy": 87.12606, "activity_lines": [ 41.338247, 41.021736, 40.234528, 39.809751 ] }, { "date": "2025-08-08", "close": 41.82, "volume": 334971, "typical_volume": 231329.05, "trend": 39.56652, "fair_value": 34.931877, "relative_strength": -2.683841, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 81.044823, "energy": 90.850358, "activity_lines": [ 41.514667, 41.224047, 40.456249, 39.961352 ] }, { "date": "2025-08-15", "close": 41.993, "volume": 270301, "typical_volume": 231921.0, "trend": 39.64962, "fair_value": 35.012473, "relative_strength": -3.122844, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 82.31714, "energy": 92.322447, "activity_lines": [ 41.702333, 41.420173, 40.679207, 40.117899 ] }, { "date": "2025-08-22", "close": 42.14, "volume": 188828, "typical_volume": 156852.35, "trend": 39.72715, "fair_value": 35.094203, "relative_strength": -2.981022, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 81.73582, "energy": 91.426038, "activity_lines": [ 41.883467, 41.608871, 40.898628, 40.278569 ] }, { "date": "2025-08-29", "close": 42.23, "volume": 2876483, "typical_volume": 286378.45, "trend": 39.81115, "fair_value": 35.176896, "relative_strength": -2.655701, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 79.291919, "energy": 91.53338, "activity_lines": [ 42.0386, 41.774115, 41.099239, 40.440043 ] }, { "date": "2025-09-05", "close": 42.34, "volume": 2098054, "typical_volume": 388465.2, "trend": 39.899223, "fair_value": 35.257024, "relative_strength": -2.612084, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 76.940832, "energy": 90.318479, "activity_lines": [ 42.189733, 41.918813, 41.287183, 40.603194 ] }, { "date": "2025-09-12", "close": 42.58, "volume": 2258547, "typical_volume": 495096.85, "trend": 39.987223, "fair_value": 35.343754, "relative_strength": -3.471826, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 82.452759, "energy": 86.308627, "activity_lines": [ 42.3482, 42.079236, 41.473365, 40.776148 ] }, { "date": "2025-09-19", "close": 42.82, "volume": 1858932, "typical_volume": 579334.6, "trend": 40.091057, "fair_value": 35.437088, "relative_strength": -4.009322, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 84.821215, "energy": 77.025425, "activity_lines": [ 42.536, 42.256818, 41.661405, 40.958908 ] }, { "date": "2025-09-26", "close": 42.84, "volume": 767515, "typical_volume": 609908.95, "trend": 40.199723, "fair_value": 35.533434, "relative_strength": -3.599311, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 80.031986, "energy": 80.785783, "activity_lines": [ 42.675333, 42.407855, 41.832349, 41.136259 ] }, { "date": "2025-10-03", "close": 42.94, "volume": 1819072, "typical_volume": 697835.3, "trend": 40.333723, "fair_value": 35.629011, "relative_strength": -4.340555, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 78.588291, "energy": 79.487116, "activity_lines": [ 42.801333, 42.549073, 41.993226, 41.313051 ] }, { "date": "2025-10-10", "close": 42.46, "volume": 310401, "typical_volume": 708942.8, "trend": 40.466723, "fair_value": 35.723306, "relative_strength": -2.999027, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.781126, "energy": 67.051855, "activity_lines": [ 42.72, 42.579018, 42.093674, 41.45023 ] }, { "date": "2025-10-17", "close": 42.86, "volume": 356969, "typical_volume": 722761.8, "trend": 40.608057, "fair_value": 35.815421, "relative_strength": -3.688684, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 72.591066, "energy": 67.277829, "activity_lines": [ 42.764, 42.659691, 42.217312, 41.604635 ] }, { "date": "2025-10-24", "close": 43.25, "volume": 155114, "typical_volume": 727386.15, "trend": 40.772723, "fair_value": 35.905485, "relative_strength": -4.555699, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 83.681119, "energy": 70.829514, "activity_lines": [ 42.919333, 42.792364, 42.363283, 41.775083 ] }, { "date": "2025-10-31", "close": 43.2, "volume": 233780, "typical_volume": 733429.25, "trend": 40.999723, "fair_value": 35.998306, "relative_strength": -5.209692, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 76.677599, "energy": 68.23861, "activity_lines": [ 43.029333, 42.893091, 42.489561, 41.931681 ] }, { "date": "2025-11-07", "close": 42.98, "volume": 217403, "typical_volume": 739033.85, "trend": 41.186723, "fair_value": 36.083819, "relative_strength": -4.071059, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.406556, "energy": 64.658248, "activity_lines": [ 43.042, 42.934545, 42.579411, 42.059441 ] }, { "date": "2025-11-14", "close": 42.97, "volume": 152708, "typical_volume": 734281.3, "trend": 41.380057, "fair_value": 36.169428, "relative_strength": -4.140277, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.073769, "energy": 60.802305, "activity_lines": [ 43.048667, 42.960545, 42.654118, 42.174491 ] }, { "date": "2025-11-21", "close": 42.6512, "volume": 147945, "typical_volume": 733733.7, "trend": 41.52943, "fair_value": 36.251358, "relative_strength": -2.938571, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 49.629985, "energy": 44.185507, "activity_lines": [ 42.915067, 42.917127, 42.688152, 42.2565 ] }, { "date": "2025-11-28", "close": 43.43, "volume": 120539, "typical_volume": 734972.2, "trend": 41.682763, "fair_value": 36.336807, "relative_strength": -4.617755, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 74.059622, "energy": 50.551476, "activity_lines": [ 43.054987, 43.014015, 42.789085, 42.379118 ] }, { "date": "2025-12-05", "close": 43.52, "volume": 751962, "typical_volume": 769608.75, "trend": 41.84257, "fair_value": 36.426422, "relative_strength": -4.67681, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 73.981457, "energy": 54.656105, "activity_lines": [ 43.212907, 43.116175, 42.887779, 42.497649 ] }, { "date": "2025-12-12", "close": 43.51, "volume": 108897, "typical_volume": 771526.7, "trend": 41.96457, "fair_value": 36.517576, "relative_strength": -4.088072, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.851895, "energy": 55.401863, "activity_lines": [ 43.34616, 43.204153, 42.97495, 42.605225 ] }, { "date": "2025-12-19", "close": 43.58, "volume": 212121, "typical_volume": 762027.1, "trend": 42.106237, "fair_value": 36.609281, "relative_strength": -3.965572, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 69.210887, "energy": 65.409796, "activity_lines": [ 43.467413, 43.294495, 43.059787, 42.709447 ] }, { "date": "2025-12-26", "close": 43.87, "volume": 83396, "typical_volume": 749448.35, "trend": 42.243577, "fair_value": 36.702983, "relative_strength": -4.594445, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 76.509555, "energy": 77.052696, "activity_lines": [ 43.644667, 43.4172, 43.161148, 42.823238 ] }, { "date": "2026-01-02", "close": 43.73, "volume": 84042, "typical_volume": 740135.4, "trend": 42.364093, "fair_value": 36.794137, "relative_strength": -3.817298, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.002894, "energy": 65.500817, "activity_lines": [ 43.694, 43.496087, 43.239413, 42.919136 ] }, { "date": "2026-01-09", "close": 44.0348, "volume": 235615, "typical_volume": 742474.75, "trend": 42.500253, "fair_value": 36.884103, "relative_strength": -4.546427, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 78.017596, "energy": 73.793995, "activity_lines": [ 43.824933, 43.621665, 43.338436, 43.026924 ] }, { "date": "2026-01-16", "close": 44.0, "volume": 137262, "typical_volume": 605513.7, "trend": 42.633587, "fair_value": 36.97436, "relative_strength": -4.199201, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 72.272474, "energy": 73.002711, "activity_lines": [ 43.909947, 43.725738, 43.425122, 43.123682 ] }, { "date": "2026-01-23", "close": 43.9949, "volume": 164898, "typical_volume": 508855.9, "trend": 42.73992, "fair_value": 37.061314, "relative_strength": -3.805116, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.288866, "energy": 59.782481, "activity_lines": [ 43.960593, 43.810338, 43.502893, 43.211508 ] }, { "date": "2026-01-30", "close": 44.02, "volume": 147130, "typical_volume": 403285.05, "trend": 42.836463, "fair_value": 37.146442, "relative_strength": -4.044028, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.676802, "energy": 57.707626, "activity_lines": [ 43.991947, 43.880867, 43.575175, 43.294094 ] }, { "date": "2026-02-06", "close": 44.0897, "volume": 769318, "typical_volume": 348804.35, "trend": 42.93412, "fair_value": 37.233556, "relative_strength": -3.620043, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.131406, "energy": 55.403565, "activity_lines": [ 44.036533, 43.939182, 43.647237, 43.374948 ] }, { "date": "2026-02-13", "close": 43.79, "volume": 174800, "typical_volume": 319168.6, "trend": 43.01712, "fair_value": 37.31894, "relative_strength": -2.972199, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 60.958352, "energy": 46.29536, "activity_lines": [ 43.95724, 43.931011, 43.68471, 43.430166 ] }, { "date": "2026-02-20", "close": 44.03, "volume": 753491, "typical_volume": 265889.55, "trend": 43.097453, "fair_value": 37.408748, "relative_strength": -3.44046, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.529974, "energy": 45.355608, "activity_lines": [ 43.974267, 43.961567, 43.740517, 43.495513 ] }, { "date": "2026-02-27", "close": 44.0, "volume": 49750, "typical_volume": 252857.0, "trend": 43.18912, "fair_value": 37.496097, "relative_strength": -2.930588, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 60.565773, "energy": 42.608186, "activity_lines": [ 43.979293, 43.977215, 43.788276, 43.553742 ] }, { "date": "2026-03-06", "close": 43.55, "volume": 794810, "typical_volume": 274749.05, "trend": 43.246787, "fair_value": 37.586097, "relative_strength": -1.875793, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 38.182407, "energy": 23.054316, "activity_lines": [ 43.83398, 43.903407, 43.785845, 43.577025 ] }, { "date": "2026-03-13", "close": 43.26, "volume": 106693, "typical_volume": 272328.0, "trend": 43.28902, "fair_value": 37.672619, "relative_strength": -0.93355, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 10.84469, "energy": 13.162882, "activity_lines": [ 43.623333, 43.782691, 43.752509, 43.577877 ] }, { "date": "2026-03-20", "close": 42.91, "volume": 77417, "typical_volume": 264509.85, "trend": 43.314687, "fair_value": 37.754734, "relative_strength": 0.156777, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": -15.536767, "energy": 26.486234, "activity_lines": [ 43.351333, 43.606884, 43.685791, 43.553424 ] }, { "date": "2026-03-27", "close": 42.471, "volume": 70249, "typical_volume": 257152.15, "trend": 43.32272, "fair_value": 37.830317, "relative_strength": 1.477302, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "mixed", "direction": -43.218885, "energy": 45.759664, "activity_lines": [ 42.991667, 43.371709, 43.578646, 43.498993 ] }, { "date": "2026-04-03", "close": 43.29, "volume": 124691, "typical_volume": 255751.3, "trend": 43.354387, "fair_value": 37.911022, "relative_strength": 0.20507, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -22.372605, "energy": 38.990991, "activity_lines": [ 43.008933, 43.313244, 43.551924, 43.496882 ] }, { "date": "2026-04-10", "close": 44.12, "volume": 109051, "typical_volume": 253806.6, "trend": 43.40572, "fair_value": 37.995933, "relative_strength": -1.256536, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": 3.832462, "energy": 14.543373, "activity_lines": [ 43.3502, 43.418504, 43.602726, 43.546276 ] }, { "date": "2026-04-17", "close": 44.915, "volume": 89564, "typical_volume": 252257.85, "trend": 43.475553, "fair_value": 38.086126, "relative_strength": -3.589724, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 57.928305, "energy": 32.342792, "activity_lines": [ 43.918467, 43.666491, 43.722248, 43.643649 ] }, { "date": "2026-04-24", "close": 44.99, "volume": 122241, "typical_volume": 220771.8, "trend": 43.54722, "fair_value": 38.175742, "relative_strength": -3.742461, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 74.990789, "energy": 55.938979, "activity_lines": [ 44.4014, 43.913109, 43.841841, 43.741355 ] }, { "date": "2026-05-01", "close": 45.1915, "volume": 104880, "typical_volume": 220570.95, "trend": 43.62227, "fair_value": 38.267497, "relative_strength": -4.025864, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 75.90644, "energy": 79.209586, "activity_lines": [ 44.812833, 44.174545, 43.973625, 43.847438 ] }, { "date": "2026-05-08", "close": 45.44, "volume": 178196, "typical_volume": 218874.7, "trend": 43.721603, "fair_value": 38.361536, "relative_strength": -5.501203, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 78.267691, "energy": 87.223048, "activity_lines": [ 45.125733, 44.460045, 44.121068, 43.964711 ] }, { "date": "2026-05-15", "close": 45.505, "volume": 88330, "typical_volume": 219121.4, "trend": 43.80977, "fair_value": 38.45333, "relative_strength": -5.389419, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 75.682421, "energy": 87.474412, "activity_lines": [ 45.316967, 44.731182, 44.265845, 44.079769 ] }, { "date": "2026-05-22", "close": 45.66, "volume": 85326, "typical_volume": 219185.6, "trend": 43.890103, "fair_value": 38.54583, "relative_strength": -5.683018, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 76.089442, "energy": 87.784679, "activity_lines": [ 45.467533, 44.994955, 44.417598, 44.199138 ] }, { "date": "2026-05-29", "close": 45.884, "volume": 119010, "typical_volume": 213355.35, "trend": 43.97957, "fair_value": 38.637074, "relative_strength": -6.368764, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 78.047485, "energy": 87.817708, "activity_lines": [ 45.6431, 45.255818, 44.581493, 44.327777 ] }, { "date": "2026-06-05", "close": 45.62, "volume": 186710, "typical_volume": 215827.75, "trend": 44.06757, "fair_value": 38.725792, "relative_strength": -4.351548, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.7571, "energy": 75.171415, "activity_lines": [ 45.671067, 45.414609, 44.71144, 44.433611 ] }, { "date": "2026-06-12", "close": 45.77, "volume": 84631, "typical_volume": 211814.4, "trend": 44.160903, "fair_value": 38.811304, "relative_strength": -4.410429, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 68.619996, "energy": 68.971682, "activity_lines": [ 45.720467, 45.543418, 44.847959, 44.543445 ] }, { "date": "2026-06-19", "close": 45.945, "volume": 42076, "typical_volume": 206561.7, "trend": 44.270697, "fair_value": 38.900054, "relative_strength": -4.743811, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 73.140225, "energy": 74.473144, "activity_lines": [ 45.8062, 45.658955, 44.992691, 44.658548 ] }, { "date": "2026-06-26", "close": 45.73, "volume": 133226, "typical_volume": 174757.1, "trend": 44.347363, "fair_value": 38.983516, "relative_strength": -2.754755, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.4516, "energy": 66.625269, "activity_lines": [ 45.790933, 45.702218, 45.107781, 44.752697 ] }, { "date": "2026-07-03", "close": 46.08, "volume": 168507, "typical_volume": 174442.45, "trend": 44.432697, "fair_value": 39.07108, "relative_strength": -3.955707, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 76.060258, "energy": 81.156157, "activity_lines": [ 45.887667, 45.7943, 45.248393, 44.86448 ] }, { "date": "2026-07-10", "close": 46.28, "volume": 100818, "typical_volume": 141808.8, "trend": 44.52503, "fair_value": 39.155888, "relative_strength": -4.6838, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 81.069852, "energy": 89.740327, "activity_lines": [ 46.038, 45.902927, 45.397148, 44.983661 ] }, { "date": "2026-07-17", "close": 46.16, "volume": 49789, "typical_volume": 141810.75, "trend": 44.61103, "fair_value": 39.238644, "relative_strength": -3.311421, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 71.939605, "energy": 87.530139, "activity_lines": [ 46.104333, 45.969945, 45.52376, 45.089143 ] }, { "date": "2026-07-24", "close": 46.18, "volume": 69341, "typical_volume": 105537.3, "trend": 44.68803, "fair_value": 39.319798, "relative_strength": -2.595142, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 69.927042, "energy": 86.361937, "activity_lines": [ 46.151333, 46.027509, 45.64199, 45.190366 ] }, { "date": "2026-07-31", "close": 46.43, "volume": 138943, "typical_volume": 107149.8, "trend": 44.77803, "fair_value": 39.406208, "relative_strength": -2.986387, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 79.717464, "energy": 87.823667, "activity_lines": [ 46.266, 46.118255, 45.771507, 45.302752 ] }, { "date": "2026-08-07", "close": 46.65, "volume": 477527, "typical_volume": 127155.3, "trend": 44.865203, "fair_value": 39.494413, "relative_strength": -5.662392, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 86.304355, "energy": 84.556743, "activity_lines": [ 46.407333, 46.235, 45.906881, 45.423524 ] } ], "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." } } }