{ "ticker": { "uuid": "f267136f-eba2-469e-8e8d-c438e459ab39", "symbol": "PXC", "name": "Invesco RAFI Canadian Index ETF", "exchange": "TOR", "country": "CA", "assetType": "etf" }, "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.", "analysis": { "eligible": true, "as_of": "2026-08-07", "benchmark": "^GSPTSE", "stage": 2, "stage_name": "Advancing", "phase": "2b", "phase_label": "Stage 2B \u00b7 Advancing", "transition": "stage_2_healthy", "transition_label": "Stage 2 trend intact", "confidence": 96.0, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Established expansion", "architecture_gate": "up", "architecture_direction": 67.197, "architecture_energy": 85.199, "architecture_maturity": 100.0, "architecture_confidence": 79.641, "architecture_tenure": "Extended", "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": 8.05, "rotation_up": 74.59, "upward_expansion": 93.8, "deceleration": 45.61, "rotation_down": 12.01, "downward_expansion": 20.46 }, "activity_lines": [ 64.554666, 63.856447, 62.735566, 61.574192 ], "activity_state": "Wide", "activity_direction": "Expanding", "rotation_direction": "Improving", "price_acceptance": 0.666667 }, "latest_close": 64.489998, "trend_reference": 59.951868, "distance_from_trend": 0.075696, "trend_direction": "Improving", "fair_value": 44.985699, "distance_from_fair_value": 0.433567, "fair_value_direction": "Improving", "relative_strength": 1.486789, "relative_strength_direction": "Weakening", "price_momentum": 0.153337, "excess_performance": 0.032916, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.075696, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.05432, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.433567, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.025142, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.014868, "read": "Leading" }, { "label": "Relative strength direction", "positive": false, "value": -0.002342, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.153337, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 1.33156, "read": "Demand-led" } ], "volume": { "latest": 4700, "relative_activity": 0.46101, "balance": 1.33156, "dry_up": 1.056891, "accumulation_observations": 3, "distribution_observations": 1 }, "risk": { "range_context": 0.011657, "annualized_volatility": 0.093635, "from_high_reference": -0.00693, "from_low_reference": 0.372421 }, "levels": { "trend_reference": 59.951868, "fair_value_reference": 44.985699, "structural_low": 56.244059, "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 42, "median_return": 0.015698, "positive_rate": 0.761905, "directional_follow_through": 0.761905, "median_excess_return": 0.002275, "regime_survival": 0.857143, "best_return": 0.055736, "worst_return": -0.067754, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 14, "median_return": 0.075277, "positive_rate": 0.785714, "directional_follow_through": 0.785714, "median_excess_return": 0.012239, "regime_survival": 0.785714, "best_return": 0.110142, "worst_return": -0.113871, "sufficient": true }, { "horizon": "Extended", "sample_count": 8, "median_return": 0.092399, "positive_rate": 0.875, "directional_follow_through": 0.875, "median_excess_return": 0.019988, "regime_survival": 0.75, "best_return": 0.20457, "worst_return": -0.038352, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 4, "median_return": 0.161344, "positive_rate": 1.0, "directional_follow_through": 1.0, "median_excess_return": 0.033276, "regime_survival": 0.5, "best_return": 0.295719, "worst_return": 0.031255, "sufficient": false } ], "ledger": [ { "regime": "balance", "label": "Balance", "color": "blue", "start": "2023-08-25", "end": "2023-10-20", "tenure": "Developing", "return": -0.028858, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2023-10-27", "end": "2023-11-17", "tenure": "New", "return": 0.071875, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2023-11-24", "end": "2023-12-08", "tenure": "New", "return": 0.012591, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2023-12-15", "end": "2024-06-14", "tenure": "Extended", "return": 0.065283, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-06-21", "end": "2024-07-19", "tenure": "Developing", "return": 0.059904, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-07-26", "end": "2024-12-27", "tenure": "Established", "return": 0.100549, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-01-03", "end": "2025-01-31", "tenure": "Developing", "return": 0.024211, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-02-07", "end": "2025-02-28", "tenure": "New", "return": -0.002559, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-03-07", "end": "2025-04-04", "tenure": "Developing", "return": -0.046213, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-04-11", "end": "2025-04-18", "tenure": "New", "return": 0.02812, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-04-25", "end": "2025-05-02", "tenure": "New", "return": 0.016531, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-05-09", "end": "2025-05-16", "tenure": "New", "return": 0.021709, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-05-23", "end": "2025-06-06", "tenure": "New", "return": 0.019415, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-06-13", "end": "2026-08-07", "tenure": "Extended", "return": 0.416974, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 32.68346, "volume": 9496, "typical_volume": 8289.35, "trend": 32.985773, "fair_value": 29.743275, "relative_strength": 1.286957, "stage": 3, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 16.081281, "energy": 24.305056, "activity_lines": [ 33.254381, 33.128288, 32.947533, 32.918618 ] }, { "date": "2023-08-25", "close": 32.625595, "volume": 4939, "typical_volume": 8208.7, "trend": 32.946022, "fair_value": 29.816832, "relative_strength": 0.98866, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -4.952043, "energy": 4.663235, "activity_lines": [ 32.998495, 33.074645, 32.915357, 32.895381 ] }, { "date": "2023-09-01", "close": 33.686428, "volume": 16331, "typical_volume": 8127.95, "trend": 32.940052, "fair_value": 29.900387, "relative_strength": 0.648133, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 49.897198, "energy": 22.087254, "activity_lines": [ 33.166941, 33.212999, 32.985665, 32.943149 ] }, { "date": "2023-09-08", "close": 32.992062, "volume": 17376, "typical_volume": 8313.1, "trend": 32.914728, "fair_value": 29.980222, "relative_strength": 0.850257, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 29.457952, "energy": 17.151353, "activity_lines": [ 33.102647, 33.185294, 32.989022, 32.946504 ] }, { "date": "2023-09-15", "close": 33.869663, "volume": 17186, "typical_volume": 8507.75, "trend": 32.919607, "fair_value": 30.065233, "relative_strength": 0.754113, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 61.466675, "energy": 30.665175, "activity_lines": [ 33.354033, 33.314348, 33.078899, 33.008113 ] }, { "date": "2023-09-22", "close": 32.750961, "volume": 10065, "typical_volume": 8446.05, "trend": 32.902364, "fair_value": 30.146664, "relative_strength": 1.530125, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 34.031508, "energy": 21.177272, "activity_lines": [ 33.213873, 33.21177, 33.061222, 32.997233 ] }, { "date": "2023-09-29", "close": 32.404388, "volume": 16996, "typical_volume": 8811.6, "trend": 32.852711, "fair_value": 30.224537, "relative_strength": 1.639084, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 7.353262, "energy": 7.35294, "activity_lines": [ 32.953688, 33.050914, 33.012896, 32.965105 ] }, { "date": "2023-10-06", "close": 31.859285, "volume": 6172, "typical_volume": 8906.55, "trend": 32.83166, "fair_value": 30.295629, "relative_strength": 1.422476, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -30.847436, "energy": 34.091823, "activity_lines": [ 32.52655, 32.814258, 32.915526, 32.901013 ] }, { "date": "2023-10-13", "close": 32.345993, "volume": 14338, "typical_volume": 9295.85, "trend": 32.861912, "fair_value": 30.370918, "relative_strength": 1.784916, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -29.561727, "energy": 41.074768, "activity_lines": [ 32.383457, 32.698964, 32.869475, 32.86968 ] }, { "date": "2023-10-20", "close": 31.68408, "volume": 10349, "typical_volume": 9528.45, "trend": 32.871364, "fair_value": 30.441341, "relative_strength": 1.471855, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -71.641925, "energy": 70.25137, "activity_lines": [ 32.062798, 32.481382, 32.76012, 32.793691 ] }, { "date": "2023-10-27", "close": 31.148712, "volume": 10255, "typical_volume": 9533.25, "trend": 32.821204, "fair_value": 30.513544, "relative_strength": 1.717072, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -80.85923, "energy": 79.043233, "activity_lines": [ 31.709388, 32.201113, 32.603756, 32.682552 ] }, { "date": "2023-11-03", "close": 32.832687, "volume": 16901, "typical_volume": 10074.4, "trend": 32.817935, "fair_value": 30.592576, "relative_strength": 1.301198, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -52.359828, "energy": 47.685959, "activity_lines": [ 32.02412, 32.254926, 32.613662, 32.683293 ] }, { "date": "2023-11-10", "close": 32.560135, "volume": 4082, "typical_volume": 10088.6, "trend": 32.786145, "fair_value": 30.662383, "relative_strength": 1.28876, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -51.846742, "energy": 31.87906, "activity_lines": [ 32.219447, 32.255418, 32.596393, 32.66666 ] }, { "date": "2023-11-17", "close": 33.387524, "volume": 8451, "typical_volume": 10060.15, "trend": 32.778748, "fair_value": 30.733188, "relative_strength": 1.145223, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -12.888518, "energy": 10.303202, "activity_lines": [ 32.643848, 32.426823, 32.652861, 32.705459 ] }, { "date": "2023-11-24", "close": 33.241516, "volume": 19181, "typical_volume": 10511.25, "trend": 32.76489, "fair_value": 30.798241, "relative_strength": 1.036503, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 7.929596, "energy": 20.529833, "activity_lines": [ 32.950144, 32.564491, 32.692804, 32.735315 ] }, { "date": "2023-12-01", "close": 33.718479, "volume": 11774, "typical_volume": 10767.6, "trend": 32.780633, "fair_value": 30.865276, "relative_strength": 0.691127, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 37.743491, "energy": 35.174331, "activity_lines": [ 33.311599, 32.8003, 32.773771, 32.796837 ] }, { "date": "2023-12-08", "close": 33.660076, "volume": 6931, "typical_volume": 10876.75, "trend": 32.802395, "fair_value": 30.930633, "relative_strength": 1.076096, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 55.794594, "energy": 55.746411, "activity_lines": [ 33.482268, 33.007899, 32.845808, 32.853575 ] }, { "date": "2023-12-15", "close": 34.059174, "volume": 4937, "typical_volume": 10943.2, "trend": 32.840965, "fair_value": 31.000418, "relative_strength": 1.247565, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 70.808072, "energy": 69.416005, "activity_lines": [ 33.730811, 33.265231, 32.955979, 32.934658 ] }, { "date": "2023-12-22", "close": 34.662678, "volume": 16806, "typical_volume": 11294.5, "trend": 32.920045, "fair_value": 31.073561, "relative_strength": 1.263173, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 81.991871, "energy": 79.936501, "activity_lines": [ 34.080586, 33.592293, 33.121761, 33.052187 ] }, { "date": "2023-12-29", "close": 34.798409, "volume": 190, "typical_volume": 11137.8, "trend": 32.996001, "fair_value": 31.146496, "relative_strength": 1.264409, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 79.430478, "energy": 82.719315, "activity_lines": [ 34.390594, 33.901912, 33.294167, 33.173372 ] }, { "date": "2024-01-05", "close": 34.965614, "volume": 8357, "typical_volume": 11080.85, "trend": 33.081992, "fair_value": 31.215534, "relative_strength": 1.801674, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 78.728112, "energy": 87.035964, "activity_lines": [ 34.652544, 34.185307, 33.476743, 33.300444 ] }, { "date": "2024-01-12", "close": 34.739395, "volume": 9400, "typical_volume": 11303.9, "trend": 33.15407, "fair_value": 31.283921, "relative_strength": 0.86416, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.010151, "energy": 83.423636, "activity_lines": [ 34.755946, 34.358174, 33.626907, 33.407373 ] }, { "date": "2024-01-19", "close": 34.542675, "volume": 7787, "typical_volume": 10876.7, "trend": 33.255596, "fair_value": 31.35179, "relative_strength": 0.672618, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.881201, "energy": 77.66184, "activity_lines": [ 34.72182, 34.460606, 33.74827, 33.496961 ] }, { "date": "2024-01-26", "close": 34.995121, "volume": 5886, "typical_volume": 10302.2, "trend": 33.327509, "fair_value": 31.427528, "relative_strength": 0.906554, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 71.15946, "energy": 71.125254, "activity_lines": [ 34.806275, 34.609254, 33.908646, 33.609188 ] }, { "date": "2024-02-02", "close": 34.837746, "volume": 7217, "typical_volume": 9803.75, "trend": 33.411534, "fair_value": 31.495746, "relative_strength": 0.619752, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.664008, "energy": 63.702089, "activity_lines": [ 34.81611, 34.70006, 34.044495, 33.706623 ] }, { "date": "2024-02-09", "close": 34.513172, "volume": 8070, "typical_volume": 9704.0, "trend": 33.461595, "fair_value": 31.558971, "relative_strength": 0.03436, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 60.278942, "energy": 51.096138, "activity_lines": [ 34.71513, 34.70283, 34.144823, 33.777696 ] }, { "date": "2024-02-16", "close": 35.270515, "volume": 8450, "typical_volume": 9276.7, "trend": 33.514398, "fair_value": 31.624824, "relative_strength": 1.027954, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 76.169903, "energy": 59.414748, "activity_lines": [ 34.896761, 34.82885, 34.308887, 33.894401 ] }, { "date": "2024-02-23", "close": 35.72295, "volume": 11014, "typical_volume": 9518.8, "trend": 33.582924, "fair_value": 31.693406, "relative_strength": 1.543587, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 82.510496, "energy": 70.417963, "activity_lines": [ 35.193796, 35.00785, 34.502392, 34.036888 ] }, { "date": "2024-03-01", "close": 35.97868, "volume": 13008, "typical_volume": 9452.3, "trend": 33.670905, "fair_value": 31.757574, "relative_strength": 1.583158, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 84.2927, "energy": 80.601338, "activity_lines": [ 35.497389, 35.203096, 34.701853, 34.191453 ] }, { "date": "2024-03-08", "close": 36.352432, "volume": 7786, "typical_volume": 9324.15, "trend": 33.762987, "fair_value": 31.819627, "relative_strength": 1.729544, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 85.519816, "energy": 92.322124, "activity_lines": [ 35.859995, 35.442369, 34.919612, 34.364455 ] }, { "date": "2024-03-15", "close": 36.647503, "volume": 6553, "typical_volume": 9139.05, "trend": 33.895122, "fair_value": 31.883799, "relative_strength": 1.964516, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 85.141086, "energy": 93.877235, "activity_lines": [ 36.21998, 35.707037, 35.143242, 34.550552 ] }, { "date": "2024-03-22", "close": 36.863888, "volume": 12628, "typical_volume": 8925.4, "trend": 34.036398, "fair_value": 31.949587, "relative_strength": 1.857783, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 84.291145, "energy": 93.724845, "activity_lines": [ 36.509804, 35.980468, 35.361296, 34.742086 ] }, { "date": "2024-03-29", "close": 37.334332, "volume": 5127, "typical_volume": 8977.65, "trend": 34.157995, "fair_value": 32.018966, "relative_strength": 2.235241, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 87.773178, "energy": 94.769117, "activity_lines": [ 36.850218, 36.300807, 35.604958, 34.954856 ] }, { "date": "2024-04-05", "close": 37.493073, "volume": 19274, "typical_volume": 9518.8, "trend": 34.308029, "fair_value": 32.087464, "relative_strength": 2.156992, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 83.838371, "energy": 92.98711, "activity_lines": [ 37.13612, 36.59925, 35.841003, 35.170022 ] }, { "date": "2024-04-12", "close": 36.798573, "volume": 5318, "typical_volume": 8825.65, "trend": 34.405659, "fair_value": 32.149611, "relative_strength": 1.871437, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.839382, "energy": 67.303846, "activity_lines": [ 37.089562, 36.726004, 35.991356, 35.330702 ] }, { "date": "2024-04-19", "close": 36.610065, "volume": 7595, "typical_volume": 8616.7, "trend": 34.534296, "fair_value": 32.211643, "relative_strength": 1.71517, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.517457, "energy": 64.759108, "activity_lines": [ 36.950426, 36.782832, 36.106817, 35.472922 ] }, { "date": "2024-04-26", "close": 36.977161, "volume": 15667, "typical_volume": 9053.5, "trend": 34.686721, "fair_value": 32.275511, "relative_strength": 1.9165, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.43772, "energy": 60.27274, "activity_lines": [ 36.936151, 36.868279, 36.24347, 35.630526 ] }, { "date": "2024-05-03", "close": 36.907715, "volume": 6456, "typical_volume": 9129.45, "trend": 34.855002, "fair_value": 32.333583, "relative_strength": 1.751254, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 50.660016, "energy": 47.725975, "activity_lines": [ 36.891176, 36.91007, 36.357713, 35.773816 ] }, { "date": "2024-05-10", "close": 37.959381, "volume": 3609, "typical_volume": 8469.6, "trend": 35.042115, "fair_value": 32.398857, "relative_strength": 2.852981, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 83.14513, "energy": 63.053428, "activity_lines": [ 37.225197, 37.121531, 36.558551, 35.974099 ] }, { "date": "2024-05-17", "close": 38.108204, "volume": 8831, "typical_volume": 8901.65, "trend": 35.256253, "fair_value": 32.464049, "relative_strength": 2.442143, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 82.981616, "energy": 71.589914, "activity_lines": [ 37.577738, 37.324039, 36.757864, 36.171911 ] }, { "date": "2024-05-24", "close": 38.038754, "volume": 6361, "typical_volume": 8801.85, "trend": 35.485921, "fair_value": 32.526092, "relative_strength": 2.818073, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 74.981916, "energy": 83.981093, "activity_lines": [ 37.819821, 37.481996, 36.934801, 36.351427 ] }, { "date": "2024-05-31", "close": 37.681576, "volume": 4084, "typical_volume": 8536.05, "trend": 35.647551, "fair_value": 32.582739, "relative_strength": 2.008933, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.80031, "energy": 79.874031, "activity_lines": [ 37.847599, 37.549716, 37.063088, 36.493082 ] }, { "date": "2024-06-07", "close": 37.34425, "volume": 6742, "typical_volume": 8483.8, "trend": 35.807021, "fair_value": 32.637281, "relative_strength": 2.218192, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.524449, "energy": 58.267013, "activity_lines": [ 37.715974, 37.541238, 37.145238, 36.602547 ] }, { "date": "2024-06-14", "close": 36.282661, "volume": 7121, "typical_volume": 8545.55, "trend": 35.903526, "fair_value": 32.687837, "relative_strength": 0.947274, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 29.039845, "energy": 25.330286, "activity_lines": [ 37.201383, 37.339562, 37.112943, 36.633233 ] }, { "date": "2024-06-21", "close": 36.302505, "volume": 15476, "typical_volume": 8958.5, "trend": 36.005559, "fair_value": 32.735931, "relative_strength": 1.324108, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 12.384667, "energy": 21.757229, "activity_lines": [ 36.805188, 37.163502, 37.076407, 36.658974 ] }, { "date": "2024-06-28", "close": 37.025768, "volume": 5602, "typical_volume": 8835.1, "trend": 36.115802, "fair_value": 32.789085, "relative_strength": 1.752326, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 20.319164, "energy": 26.062103, "activity_lines": [ 36.770461, 37.127964, 37.101779, 36.724794 ] }, { "date": "2024-07-05", "close": 37.286018, "volume": 3608, "typical_volume": 8593.0, "trend": 36.236666, "fair_value": 32.844544, "relative_strength": 1.545321, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 17.785845, "energy": 22.153477, "activity_lines": [ 36.890017, 37.132186, 37.139971, 36.800291 ] }, { "date": "2024-07-12", "close": 38.296993, "volume": 6172, "typical_volume": 8350.9, "trend": 36.377927, "fair_value": 32.907121, "relative_strength": 1.401801, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 69.786525, "energy": 36.990362, "activity_lines": [ 37.372934, 37.314606, 37.264849, 36.933216 ] }, { "date": "2024-07-19", "close": 38.477169, "volume": 4463, "typical_volume": 7923.65, "trend": 36.505077, "fair_value": 32.973287, "relative_strength": 1.736851, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 76.544136, "energy": 71.294264, "activity_lines": [ 37.852394, 37.504526, 37.394629, 37.068651 ] }, { "date": "2024-07-26", "close": 38.667355, "volume": 12533, "typical_volume": 8161.0, "trend": 36.634041, "fair_value": 33.039165, "relative_strength": 1.618828, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 77.248507, "energy": 83.285413, "activity_lines": [ 38.248949, 37.71961, 37.530625, 37.208153 ] }, { "date": "2024-08-02", "close": 37.706421, "volume": 10159, "typical_volume": 8341.3, "trend": 36.725402, "fair_value": 33.096566, "relative_strength": 1.654021, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 61.548745, "energy": 70.878596, "activity_lines": [ 38.167536, 37.749813, 37.564079, 37.277338 ] }, { "date": "2024-08-09", "close": 37.816528, "volume": 1140, "typical_volume": 7766.9, "trend": 36.827973, "fair_value": 33.153688, "relative_strength": 1.511078, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 59.609935, "energy": 61.68688, "activity_lines": [ 38.077448, 37.806078, 37.602978, 37.347734 ] }, { "date": "2024-08-16", "close": 39.077747, "volume": 3324, "typical_volume": 7676.75, "trend": 36.979142, "fair_value": 33.221154, "relative_strength": 1.461032, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 78.865769, "energy": 53.73817, "activity_lines": [ 38.372399, 38.089202, 37.757456, 37.49288 ] }, { "date": "2024-08-23", "close": 39.037708, "volume": 5223, "typical_volume": 6974.2, "trend": 37.113895, "fair_value": 33.287147, "relative_strength": 0.312875, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 73.776334, "energy": 52.807289, "activity_lines": [ 38.601954, 38.333528, 37.899819, 37.625691 ] }, { "date": "2024-08-30", "close": 39.588242, "volume": 3609, "typical_volume": 6888.75, "trend": 37.272245, "fair_value": 33.355278, "relative_strength": 1.400222, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 81.553897, "energy": 77.681896, "activity_lines": [ 38.977651, 38.627859, 38.087259, 37.785326 ] }, { "date": "2024-09-06", "close": 39.107777, "volume": 9685, "typical_volume": 6993.25, "trend": 37.425398, "fair_value": 33.420387, "relative_strength": 2.566662, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.288989, "energy": 76.079939, "activity_lines": [ 39.1318, 38.775092, 38.215656, 37.903748 ] }, { "date": "2024-09-13", "close": 40.278904, "volume": 7596, "typical_volume": 6589.7, "trend": 37.592344, "fair_value": 33.493989, "relative_strength": 2.031256, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 84.812019, "energy": 89.163173, "activity_lines": [ 39.582901, 39.097402, 38.443694, 38.087845 ] }, { "date": "2024-09-20", "close": 40.71933, "volume": 4273, "typical_volume": 6480.55, "trend": 37.75889, "fair_value": 33.569312, "relative_strength": 1.797228, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 86.651917, "energy": 92.919501, "activity_lines": [ 40.016653, 39.445374, 38.697956, 38.289586 ] }, { "date": "2024-09-27", "close": 41.071518, "volume": 5602, "typical_volume": 6580.2, "trend": 37.928652, "fair_value": 33.646366, "relative_strength": 2.22866, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 85.800663, "energy": 93.335492, "activity_lines": [ 40.458361, 39.813338, 38.967609, 38.503304 ] }, { "date": "2024-10-04", "close": 41.495457, "volume": 8165, "typical_volume": 6546.9, "trend": 38.100086, "fair_value": 33.722754, "relative_strength": 2.330602, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 85.777895, "energy": 94.258404, "activity_lines": [ 40.905795, 40.211211, 39.262817, 38.73342 ] }, { "date": "2024-10-11", "close": 41.979965, "volume": 7596, "typical_volume": 6608.65, "trend": 38.277835, "fair_value": 33.79793, "relative_strength": 2.15806, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 86.457784, "energy": 94.753642, "activity_lines": [ 41.387585, 40.645757, 39.588039, 38.983735 ] }, { "date": "2024-10-18", "close": 42.514927, "volume": 3608, "typical_volume": 6584.85, "trend": 38.466203, "fair_value": 33.874377, "relative_strength": 1.931165, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 88.947318, "energy": 95.657742, "activity_lines": [ 41.856215, 41.099868, 39.945442, 39.257096 ] }, { "date": "2024-10-25", "close": 42.070801, "volume": 7786, "typical_volume": 6637.05, "trend": 38.624085, "fair_value": 33.947802, "relative_strength": 2.278607, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 71.174351, "energy": 88.258219, "activity_lines": [ 42.027736, 41.387803, 40.237531, 39.489651 ] }, { "date": "2024-11-01", "close": 41.636772, "volume": 45196, "typical_volume": 8540.8, "trend": 38.762208, "fair_value": 34.016345, "relative_strength": 2.022992, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.284878, "energy": 83.167323, "activity_lines": [ 41.964482, 41.542405, 40.465777, 39.684018 ] }, { "date": "2024-11-08", "close": 42.646149, "volume": 4368, "typical_volume": 7985.4, "trend": 38.957127, "fair_value": 34.090716, "relative_strength": 2.291387, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 82.162867, "energy": 72.390707, "activity_lines": [ 42.200004, 41.833274, 40.764658, 39.934594 ] }, { "date": "2024-11-15", "close": 42.696617, "volume": 9211, "typical_volume": 8165.85, "trend": 39.160012, "fair_value": 34.168036, "relative_strength": 1.801832, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 79.214605, "energy": 70.938322, "activity_lines": [ 42.375635, 42.07772, 41.038138, 40.175852 ] }, { "date": "2024-11-22", "close": 43.605057, "volume": 15477, "typical_volume": 8759.3, "trend": 39.380942, "fair_value": 34.252579, "relative_strength": 1.635941, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 89.578704, "energy": 74.706859, "activity_lines": [ 42.806303, 42.422086, 41.371132, 40.462629 ] }, { "date": "2024-11-29", "close": 43.87759, "volume": 5222, "typical_volume": 8711.8, "trend": 39.613271, "fair_value": 34.341495, "relative_strength": 1.387032, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 86.77023, "energy": 78.149961, "activity_lines": [ 43.25514, 42.755528, 41.699991, 40.752735 ] }, { "date": "2024-12-06", "close": 43.847301, "volume": 19560, "typical_volume": 9466.65, "trend": 39.809535, "fair_value": 34.426891, "relative_strength": 1.08544, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 77.77556, "energy": 87.670566, "activity_lines": [ 43.573428, 43.02604, 41.999391, 41.025898 ] }, { "date": "2024-12-13", "close": 43.282059, "volume": 9400, "typical_volume": 9310.0, "trend": 39.981997, "fair_value": 34.509364, "relative_strength": 1.368918, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.259653, "energy": 73.473019, "activity_lines": [ 43.555933, 43.143312, 42.219387, 41.249932 ] }, { "date": "2024-12-20", "close": 42.242393, "volume": 5129, "typical_volume": 9058.5, "trend": 40.122119, "fair_value": 34.580213, "relative_strength": 1.581714, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.702236, "energy": 62.998166, "activity_lines": [ 43.149489, 43.03907, 42.318391, 41.395764 ] }, { "date": "2024-12-27", "close": 42.555309, "volume": 2659, "typical_volume": 9134.45, "trend": 40.284576, "fair_value": 34.651624, "relative_strength": 1.457149, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 49.824388, "energy": 46.282051, "activity_lines": [ 42.877632, 42.986951, 42.425598, 41.552744 ] }, { "date": "2025-01-03", "close": 42.300976, "volume": 5098, "typical_volume": 9223.15, "trend": 40.449801, "fair_value": 34.717293, "relative_strength": -0.283136, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 40.957452, "energy": 28.298141, "activity_lines": [ 42.590981, 42.887855, 42.486016, 41.682834 ] }, { "date": "2025-01-10", "close": 42.371265, "volume": 7984, "typical_volume": 9361.2, "trend": 40.652754, "fair_value": 34.778891, "relative_strength": 1.051786, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 34.509311, "energy": 29.596317, "activity_lines": [ 42.432867, 42.797353, 42.53778, 41.8068 ] }, { "date": "2025-01-17", "close": 43.043987, "volume": 6637, "typical_volume": 9512.6, "trend": 40.87747, "fair_value": 34.850439, "relative_strength": 1.352146, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 43.562932, "energy": 25.588834, "activity_lines": [ 42.597396, 42.815811, 42.637739, 41.961073 ] }, { "date": "2025-01-24", "close": 43.405441, "volume": 5387, "typical_volume": 9297.7, "trend": 41.090126, "fair_value": 34.922366, "relative_strength": 0.541185, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 62.334569, "energy": 35.900506, "activity_lines": [ 42.898281, 42.892753, 42.755666, 42.124168 ] }, { "date": "2025-01-31", "close": 43.325115, "volume": 9908, "typical_volume": 9413.3, "trend": 41.291429, "fair_value": 34.986202, "relative_strength": 0.050624, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 59.564916, "energy": 40.317857, "activity_lines": [ 43.094854, 42.942204, 42.845478, 42.268361 ] }, { "date": "2025-02-07", "close": 43.154423, "volume": 5002, "typical_volume": 9449.75, "trend": 41.453343, "fair_value": 35.045655, "relative_strength": -0.050771, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 53.036134, "energy": 38.128494, "activity_lines": [ 43.183209, 42.965709, 42.904527, 42.388554 ] }, { "date": "2025-02-14", "close": 42.933533, "volume": 1731, "typical_volume": 9256.2, "trend": 41.601889, "fair_value": 35.108449, "relative_strength": -0.748218, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 50.896682, "energy": 34.163082, "activity_lines": [ 43.141038, 42.962201, 42.930944, 42.48405 ] }, { "date": "2025-02-21", "close": 42.672478, "volume": 2886, "typical_volume": 8992.25, "trend": 41.735393, "fair_value": 35.168219, "relative_strength": -0.065289, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 46.448436, "energy": 25.482668, "activity_lines": [ 42.974364, 42.927843, 42.923632, 42.55312 ] }, { "date": "2025-02-28", "close": 43.043987, "volume": 11640, "typical_volume": 9194.45, "trend": 41.913312, "fair_value": 35.226964, "relative_strength": -0.202855, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 37.298753, "energy": 18.899244, "activity_lines": [ 42.956294, 42.972114, 42.946097, 42.637546 ] }, { "date": "2025-03-07", "close": 42.190533, "volume": 11928, "typical_volume": 9610.45, "trend": 42.059112, "fair_value": 35.2783, "relative_strength": 0.29, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 7.863009, "energy": 7.279645, "activity_lines": [ 42.677836, 42.846638, 42.882213, 42.655431 ] }, { "date": "2025-03-14", "close": 42.060005, "volume": 11351, "typical_volume": 9788.7, "trend": 42.158521, "fair_value": 35.327331, "relative_strength": 0.775373, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 2.766067, "energy": 10.370291, "activity_lines": [ 42.431507, 42.704062, 42.807443, 42.655489 ] }, { "date": "2025-03-21", "close": 42.782928, "volume": 1346, "typical_volume": 7596.2, "trend": 42.283361, "fair_value": 35.378765, "relative_strength": 0.761549, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 11.52588, "energy": 11.809801, "activity_lines": [ 42.499114, 42.697308, 42.801575, 42.695773 ] }, { "date": "2025-03-28", "close": 42.578144, "volume": 2981, "typical_volume": 7526.85, "trend": 42.383025, "fair_value": 35.430294, "relative_strength": 1.086416, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 10.71532, "energy": 12.373013, "activity_lines": [ 42.5085, 42.645835, 42.770745, 42.714791 ] }, { "date": "2025-04-04", "close": 40.240799, "volume": 19432, "typical_volume": 8037.9, "trend": 42.420792, "fair_value": 35.465244, "relative_strength": 1.927791, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -47.955365, "energy": 50.022403, "activity_lines": [ 41.74506, 42.177861, 42.517634, 42.576583 ] }, { "date": "2025-04-11", "close": 40.301506, "volume": 22030, "typical_volume": 8365.55, "trend": 42.421546, "fair_value": 35.50082, "relative_strength": 0.34308, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -44.42642, "energy": 53.718308, "activity_lines": [ 41.188735, 41.778463, 42.282, 42.439855 ] }, { "date": "2025-04-18", "close": 41.434769, "volume": 6542, "typical_volume": 8431.55, "trend": 42.445393, "fair_value": 35.548448, "relative_strength": 0.546309, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -56.942916, "energy": 60.414856, "activity_lines": [ 41.136099, 41.640088, 42.170027, 42.376192 ] }, { "date": "2025-04-25", "close": 42.234116, "volume": 10101, "typical_volume": 7958.6, "trend": 42.484147, "fair_value": 35.605515, "relative_strength": 0.30941, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -54.041979, "energy": 54.972882, "activity_lines": [ 41.391594, 41.678314, 42.145814, 42.362561 ] }, { "date": "2025-05-02", "close": 42.932289, "volume": 3174, "typical_volume": 7647.3, "trend": 42.532041, "fair_value": 35.667825, "relative_strength": 0.621981, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -25.936693, "energy": 16.139293, "activity_lines": [ 41.916402, 41.856199, 42.195776, 42.391473 ] }, { "date": "2025-05-09", "close": 43.347145, "volume": 1924, "typical_volume": 7487.05, "trend": 42.577614, "fair_value": 35.737405, "relative_strength": 0.278465, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -8.560472, "energy": 16.042869, "activity_lines": [ 42.555885, 42.104787, 42.286914, 42.444061 ] }, { "date": "2025-05-16", "close": 44.288151, "volume": 8177, "typical_volume": 7762.95, "trend": 42.636721, "fair_value": 35.81219, "relative_strength": 0.022364, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 32.875573, "energy": 34.365608, "activity_lines": [ 43.301947, 42.518956, 42.46241, 42.554418 ] }, { "date": "2025-05-23", "close": 44.298271, "volume": 22030, "typical_volume": 8609.55, "trend": 42.71097, "fair_value": 35.880065, "relative_strength": 0.391985, "stage": 3, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 32.560879, "energy": 46.695922, "activity_lines": [ 43.785606, 42.896826, 42.630619, 42.661615 ] }, { "date": "2025-05-30", "close": 44.743477, "volume": 7600, "typical_volume": 8590.35, "trend": 42.814527, "fair_value": 35.948489, "relative_strength": 0.238196, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 45.23826, "energy": 64.231765, "activity_lines": [ 44.226767, 43.314947, 42.831718, 42.792744 ] }, { "date": "2025-06-06", "close": 45.158333, "volume": 3655, "typical_volume": 8441.25, "trend": 42.898267, "fair_value": 36.026428, "relative_strength": 0.182053, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 76.395561, "energy": 80.118275, "activity_lines": [ 44.638922, 43.77285, 43.06103, 42.943958 ] }, { "date": "2025-06-13", "close": 45.512474, "volume": 962, "typical_volume": 8220.0, "trend": 42.992128, "fair_value": 36.121177, "relative_strength": 0.634948, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 76.127054, "energy": 80.488931, "activity_lines": [ 45.020722, 44.24823, 43.314001, 43.112616 ] }, { "date": "2025-06-20", "close": 45.542828, "volume": 4811, "typical_volume": 7965.15, "trend": 43.056721, "fair_value": 36.215767, "relative_strength": 0.688687, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 72.151028, "energy": 78.316886, "activity_lines": [ 45.268284, 44.63328, 43.55983, 43.277177 ] }, { "date": "2025-06-27", "close": 46.082184, "volume": 1251, "typical_volume": 7777.6, "trend": 43.130207, "fair_value": 36.314448, "relative_strength": 1.099391, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 76.156323, "energy": 80.360884, "activity_lines": [ 45.611986, 45.021098, 43.846466, 43.472369 ] }, { "date": "2025-07-04", "close": 46.428978, "volume": 3270, "typical_volume": 7854.55, "trend": 43.216263, "fair_value": 36.41446, "relative_strength": 0.480412, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 79.14917, "energy": 88.30922, "activity_lines": [ 45.952359, 45.38747, 44.152188, 43.685192 ] }, { "date": "2025-07-11", "close": 46.541172, "volume": 4426, "typical_volume": 7931.55, "trend": 43.3249, "fair_value": 36.521798, "relative_strength": 0.788422, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 78.471814, "energy": 90.717151, "activity_lines": [ 46.217764, 45.697972, 44.45195, 43.899703 ] }, { "date": "2025-07-18", "close": 46.745163, "volume": 5483, "typical_volume": 7623.7, "trend": 43.474993, "fair_value": 36.625027, "relative_strength": 0.135162, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 78.155482, "energy": 90.997347, "activity_lines": [ 46.458976, 45.979947, 44.752718, 44.120365 ] }, { "date": "2025-07-25", "close": 47.132751, "volume": 6445, "typical_volume": 7349.55, "trend": 43.627574, "fair_value": 36.72336, "relative_strength": 0.281039, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 82.604643, "energy": 93.056448, "activity_lines": [ 46.747204, 46.27061, 45.072774, 44.356349 ] }, { "date": "2025-08-01", "close": 46.520771, "volume": 3367, "typical_volume": 6950.35, "trend": 43.768234, "fair_value": 36.820984, "relative_strength": 0.68662, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.834049, "energy": 86.581948, "activity_lines": [ 46.725445, 46.398284, 45.311011, 44.543007 ] }, { "date": "2025-08-08", "close": 47.030758, "volume": 1251, "typical_volume": 6945.6, "trend": 43.92355, "fair_value": 36.914556, "relative_strength": -0.916162, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 74.249019, "energy": 79.384708, "activity_lines": [ 46.844442, 46.578274, 45.576578, 44.753493 ] }, { "date": "2025-08-15", "close": 47.652939, "volume": 6639, "typical_volume": 7128.5, "trend": 44.077182, "fair_value": 37.01164, "relative_strength": -0.147699, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 84.829924, "energy": 81.296555, "activity_lines": [ 47.130714, 46.829801, 45.881171, 44.994098 ] }, { "date": "2025-08-22", "close": 48.55051, "volume": 3944, "typical_volume": 6354.1, "trend": 44.248684, "fair_value": 37.116561, "relative_strength": 0.155925, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 91.694275, "energy": 75.621396, "activity_lines": [ 47.642058, 47.199166, 46.247082, 45.2827 ] }, { "date": "2025-08-29", "close": 49.029896, "volume": 2213, "typical_volume": 5363.25, "trend": 44.438844, "fair_value": 37.230686, "relative_strength": 0.302085, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 91.133124, "energy": 93.574503, "activity_lines": [ 48.192842, 47.600456, 46.619079, 45.591165 ] }, { "date": "2025-09-05", "close": 49.652077, "volume": 3464, "typical_volume": 5209.35, "trend": 44.655432, "fair_value": 37.344335, "relative_strength": -0.116324, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 90.771718, "energy": 96.000387, "activity_lines": [ 48.824542, 48.051467, 47.008768, 45.927503 ] }, { "date": "2025-09-12", "close": 50.519047, "volume": 1058, "typical_volume": 4757.2, "trend": 44.908283, "fair_value": 37.467173, "relative_strength": 0.800124, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 94.663894, "energy": 97.970555, "activity_lines": [ 49.536479, 48.595203, 47.441895, 46.305801 ] }, { "date": "2025-09-19", "close": 51.120831, "volume": 4041, "typical_volume": 4800.55, "trend": 45.189894, "fair_value": 37.603153, "relative_strength": 0.327737, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 94.050631, "energy": 97.857243, "activity_lines": [ 50.216458, 49.173989, 47.892882, 46.70661 ] }, { "date": "2025-09-26", "close": 51.610416, "volume": 11929, "typical_volume": 5300.8, "trend": 45.475442, "fair_value": 37.742244, "relative_strength": 1.290269, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 92.405211, "energy": 97.299643, "activity_lines": [ 50.82844, 49.758524, 48.351504, 47.120837 ] }, { "date": "2025-10-03", "close": 52.378639, "volume": 4233, "typical_volume": 5103.6, "trend": 45.815046, "fair_value": 37.884758, "relative_strength": 0.399606, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 93.703934, "energy": 97.752474, "activity_lines": [ 51.492502, 50.394276, 48.843941, 47.566205 ] }, { "date": "2025-10-10", "close": 51.444038, "volume": 2212, "typical_volume": 4112.7, "trend": 46.127847, "fair_value": 38.023202, "relative_strength": 0.649968, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.619463, "energy": 79.012944, "activity_lines": [ 51.62178, 50.764722, 49.208842, 47.929366 ] }, { "date": "2025-10-17", "close": 51.51593, "volume": 1154, "typical_volume": 3790.4, "trend": 46.418947, "fair_value": 38.157244, "relative_strength": -0.069749, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.192591, "energy": 68.239227, "activity_lines": [ 51.655559, 51.058724, 49.546563, 48.276984 ] }, { "date": "2025-10-24", "close": 52.060257, "volume": 2310, "typical_volume": 3723.15, "trend": 46.735017, "fair_value": 38.289073, "relative_strength": 0.177479, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 74.630393, "energy": 70.459638, "activity_lines": [ 51.804321, 51.370147, 49.903874, 48.64094 ] }, { "date": "2025-10-31", "close": 51.772682, "volume": 10004, "typical_volume": 4175.25, "trend": 47.119413, "fair_value": 38.417977, "relative_strength": -0.065265, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.118375, "energy": 66.009257, "activity_lines": [ 51.794596, 51.54915, 50.200931, 48.96595 ] }, { "date": "2025-11-07", "close": 52.019173, "volume": 8753, "typical_volume": 4372.35, "trend": 47.510002, "fair_value": 38.542458, "relative_strength": 1.561403, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 69.749157, "energy": 66.932668, "activity_lines": [ 51.856217, 51.714385, 50.491653, 49.282064 ] }, { "date": "2025-11-14", "close": 53.128372, "volume": 1058, "typical_volume": 4362.7, "trend": 47.899789, "fair_value": 38.67471, "relative_strength": 2.267996, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 84.508655, "energy": 72.406515, "activity_lines": [ 52.311536, 52.026942, 50.857173, 49.644539 ] }, { "date": "2025-11-21", "close": 52.943504, "volume": 18855, "typical_volume": 5141.95, "trend": 48.256769, "fair_value": 38.801394, "relative_strength": 2.424502, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 76.244145, "energy": 69.630699, "activity_lines": [ 52.592943, 52.242681, 51.171534, 49.96994 ] }, { "date": "2025-11-28", "close": 54.494324, "volume": 14718, "typical_volume": 5656.55, "trend": 48.64217, "fair_value": 38.93892, "relative_strength": 1.290109, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 91.984876, "energy": 76.032446, "activity_lines": [ 53.296119, 52.696307, 51.60257, 50.372363 ] }, { "date": "2025-12-05", "close": 54.689457, "volume": 2885, "typical_volume": 5526.65, "trend": 49.020247, "fair_value": 39.082199, "relative_strength": 1.838953, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 86.734751, "energy": 84.42953, "activity_lines": [ 53.902067, 53.124075, 52.014317, 50.762511 ] }, { "date": "2025-12-12", "close": 54.822971, "volume": 7792, "typical_volume": 5594.0, "trend": 49.371407, "fair_value": 39.231257, "relative_strength": 1.358143, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 81.9039, "energy": 89.53953, "activity_lines": [ 54.358069, 53.520135, 52.400951, 51.13688 ] }, { "date": "2025-12-19", "close": 55.110542, "volume": 3849, "typical_volume": 5618.1, "trend": 49.731816, "fair_value": 39.381318, "relative_strength": 1.136298, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 80.061388, "energy": 88.004716, "activity_lines": [ 54.723008, 53.924039, 52.778352, 51.507147 ] }, { "date": "2025-12-26", "close": 55.367302, "volume": 961, "typical_volume": 5603.6, "trend": 50.085944, "fair_value": 39.532095, "relative_strength": 0.816855, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 78.675154, "energy": 86.121365, "activity_lines": [ 55.041389, 54.307963, 53.139303, 51.870726 ] }, { "date": "2026-01-02", "close": 53.7589, "volume": 18859, "typical_volume": 6214.6, "trend": 50.37263, "fair_value": 39.669948, "relative_strength": -1.753402, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.182984, "energy": 65.89866, "activity_lines": [ 54.662049, 54.329425, 53.307375, 52.107691 ] }, { "date": "2026-01-09", "close": 54.345394, "volume": 11700, "typical_volume": 6602.4, "trend": 50.66706, "fair_value": 39.805119, "relative_strength": -2.854861, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.542458, "energy": 62.593332, "activity_lines": [ 54.527235, 54.426638, 53.502227, 52.363999 ] }, { "date": "2026-01-16", "close": 55.369282, "volume": 16500, "typical_volume": 7316.75, "trend": 50.994609, "fair_value": 39.945334, "relative_strength": -2.260562, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 78.060735, "energy": 65.100523, "activity_lines": [ 54.756655, 54.663236, 53.766998, 52.667368 ] }, { "date": "2026-01-23", "close": 55.568096, "volume": 11600, "typical_volume": 7723.55, "trend": 51.310806, "fair_value": 40.084757, "relative_strength": -2.188111, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 76.277011, "energy": 62.944913, "activity_lines": [ 55.015926, 54.875071, 54.020516, 52.962432 ] }, { "date": "2026-01-30", "close": 54.504448, "volume": 17600, "typical_volume": 8550.65, "trend": 51.579988, "fair_value": 40.217057, "relative_strength": -0.40115, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 60.839206, "energy": 53.167858, "activity_lines": [ 54.890144, 54.849156, 54.144563, 53.168473 ] }, { "date": "2026-02-06", "close": 55.916016, "volume": 18000, "typical_volume": 9248.6, "trend": 51.892483, "fair_value": 40.359136, "relative_strength": 0.426253, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 74.914292, "energy": 60.105318, "activity_lines": [ 55.292408, 55.05151, 54.384067, 53.448217 ] }, { "date": "2026-02-13", "close": 57.446873, "volume": 20200, "typical_volume": 9662.15, "trend": 52.249207, "fair_value": 40.51121, "relative_strength": 1.236322, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 88.11194, "energy": 70.384152, "activity_lines": [ 56.06115, 55.506352, 54.746532, 53.806565 ] }, { "date": "2026-02-20", "close": 58.172539, "volume": 20500, "typical_volume": 10475.5, "trend": 52.617199, "fair_value": 40.670853, "relative_strength": 0.234217, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 89.10275, "energy": 81.390361, "activity_lines": [ 56.865015, 56.042999, 55.150316, 54.188715 ] }, { "date": "2026-02-27", "close": 58.808735, "volume": 15600, "typical_volume": 11144.9, "trend": 53.026798, "fair_value": 40.830563, "relative_strength": -0.230902, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 88.733047, "energy": 95.080852, "activity_lines": [ 57.694062, 56.634416, 55.587099, 54.588169 ] }, { "date": "2026-03-06", "close": 57.248058, "volume": 7200, "typical_volume": 11447.2, "trend": 53.367375, "fair_value": 40.989263, "relative_strength": 0.7797, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.419474, "energy": 85.638549, "activity_lines": [ 57.786841, 56.874834, 55.840177, 54.860508 ] }, { "date": "2026-03-13", "close": 57.287823, "volume": 10100, "typical_volume": 11836.7, "trend": 53.688538, "fair_value": 41.154965, "relative_strength": 2.474338, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.443736, "energy": 63.828566, "activity_lines": [ 57.709967, 57.088287, 56.069747, 55.11344 ] }, { "date": "2026-03-20", "close": 56.323582, "volume": 13900, "typical_volume": 12031.5, "trend": 53.94764, "fair_value": 41.314728, "relative_strength": 4.589296, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 60.428788, "energy": 50.997857, "activity_lines": [ 57.220226, 57.06226, 56.18259, 55.283443 ] }, { "date": "2026-03-27", "close": 57.257999, "volume": 3800, "typical_volume": 11783.85, "trend": 54.22191, "fair_value": 41.472449, "relative_strength": 4.100754, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 47.92982, "energy": 35.851544, "activity_lines": [ 57.116843, 57.170161, 56.362755, 55.497015 ] }, { "date": "2026-04-03", "close": 58.669998, "volume": 11300, "typical_volume": 12295.95, "trend": 54.522508, "fair_value": 41.637444, "relative_strength": 2.928265, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 74.998956, "energy": 49.0031, "activity_lines": [ 57.545096, 57.500448, 56.652449, 55.783988 ] }, { "date": "2026-04-10", "close": 59.0, "volume": 3800, "typical_volume": 11543.2, "trend": 54.805206, "fair_value": 41.800817, "relative_strength": 1.654077, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 73.727417, "energy": 53.007984, "activity_lines": [ 58.092598, 57.834338, 56.947183, 56.072859 ] }, { "date": "2026-04-17", "close": 59.240002, "volume": 13900, "typical_volume": 11502.3, "trend": 55.075845, "fair_value": 41.965115, "relative_strength": 0.120964, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 74.14199, "energy": 67.029316, "activity_lines": [ 58.603306, 58.130127, 57.235934, 56.358975 ] }, { "date": "2026-04-24", "close": 59.66, "volume": 26600, "typical_volume": 12688.05, "trend": 55.344165, "fair_value": 42.1318, "relative_strength": 2.088334, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 75.382029, "energy": 82.016143, "activity_lines": [ 59.123867, 58.441843, 57.542086, 56.654726 ] }, { "date": "2026-05-01", "close": 60.533947, "volume": 10000, "typical_volume": 12798.45, "trend": 55.616008, "fair_value": 42.306721, "relative_strength": 3.541225, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 81.877106, "energy": 87.598501, "activity_lines": [ 59.713316, 58.87222, 57.907802, 56.989551 ] }, { "date": "2026-05-08", "close": 59.82798, "volume": 3000, "typical_volume": 12756.0, "trend": 55.895473, "fair_value": 42.478649, "relative_strength": 1.720947, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.441012, "energy": 80.903065, "activity_lines": [ 59.849046, 59.131305, 58.179088, 57.261291 ] }, { "date": "2026-05-15", "close": 60.732811, "volume": 12300, "typical_volume": 13322.95, "trend": 56.202702, "fair_value": 42.657051, "relative_strength": 3.90129, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 76.712593, "energy": 84.025995, "activity_lines": [ 60.209188, 59.536373, 58.514085, 57.573378 ] }, { "date": "2026-05-22", "close": 62.234226, "volume": 2600, "typical_volume": 12510.0, "trend": 56.541835, "fair_value": 42.849, "relative_strength": 4.390459, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 87.901453, "energy": 90.545466, "activity_lines": [ 60.954281, 60.151066, 58.966523, 57.962508 ] }, { "date": "2026-05-29", "close": 61.408943, "volume": 44500, "typical_volume": 14150.0, "trend": 56.863043, "fair_value": 43.034187, "relative_strength": 2.059715, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 70.718166, "energy": 79.498746, "activity_lines": [ 61.224664, 60.525773, 59.300004, 58.276515 ] }, { "date": "2026-06-05", "close": 62.015476, "volume": 2800, "typical_volume": 13465.0, "trend": 57.196253, "fair_value": 43.22412, "relative_strength": 4.024795, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 76.589289, "energy": 86.221734, "activity_lines": [ 61.580629, 60.918297, 59.657614, 58.60893 ] }, { "date": "2026-06-12", "close": 62.53252, "volume": 0, "typical_volume": 12885.0, "trend": 57.509725, "fair_value": 43.416142, "relative_strength": 3.234453, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 79.156309, "energy": 89.437104, "activity_lines": [ 62.010173, 61.31833, 60.032818, 58.953205 ] }, { "date": "2026-06-19", "close": 62.502693, "volume": 6700, "typical_volume": 12340.0, "trend": 57.828365, "fair_value": 43.614898, "relative_strength": 3.015321, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 75.662725, "energy": 88.371546, "activity_lines": [ 62.249472, 61.642713, 60.372018, 59.275332 ] }, { "date": "2026-06-26", "close": 62.273998, "volume": 500, "typical_volume": 11465.0, "trend": 58.087687, "fair_value": 43.803591, "relative_strength": 2.544611, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.969041, "energy": 86.328642, "activity_lines": [ 62.294548, 61.861829, 60.65135, 59.562147 ] }, { "date": "2026-07-03", "close": 62.23, "volume": 0, "typical_volume": 10455.0, "trend": 58.339038, "fair_value": 43.995342, "relative_strength": 1.639698, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.580129, "energy": 85.314987, "activity_lines": [ 62.322306, 62.017781, 60.896216, 59.829393 ] }, { "date": "2026-07-10", "close": 63.27, "volume": 19000, "typical_volume": 10380.0, "trend": 58.620606, "fair_value": 44.189307, "relative_strength": 3.088868, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 84.937329, "energy": 90.949627, "activity_lines": [ 62.641993, 62.316098, 61.217352, 60.14752 ] }, { "date": "2026-07-17", "close": 64.389999, "volume": 27400, "typical_volume": 10970.0, "trend": 58.929921, "fair_value": 44.386125, "relative_strength": 4.903981, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 92.132984, "energy": 92.350013, "activity_lines": [ 63.251379, 62.768304, 61.620882, 60.519739 ] }, { "date": "2026-07-24", "close": 64.739998, "volume": 3200, "typical_volume": 10770.0, "trend": 59.242345, "fair_value": 44.58531, "relative_strength": 5.025703, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 88.718253, "energy": 92.051891, "activity_lines": [ 63.853599, 63.201201, 62.031167, 60.894583 ] }, { "date": "2026-07-31", "close": 64.900002, "volume": 7800, "typical_volume": 10655.0, "trend": 59.613715, "fair_value": 44.787622, "relative_strength": 5.57208, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 83.031731, "energy": 92.681575, "activity_lines": [ 64.36, 63.590331, 62.421015, 61.259593 ] }, { "date": "2026-08-07", "close": 64.489998, "volume": 4700, "typical_volume": 10195.0, "trend": 59.951868, "fair_value": 44.985699, "relative_strength": 1.486789, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.196982, "energy": 85.198701, "activity_lines": [ 64.554666, 63.856447, 62.735566, 61.574192 ] } ], "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." } } }