{ "ticker": { "uuid": "f44c6a69-3ce7-4113-948b-07b5d6599b93", "symbol": "WLKP", "name": "Westlake Chemical Partners LP", "exchange": "NYSE", "country": "US", "assetType": "equity" }, "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.", "analysis": { "eligible": true, "as_of": "2026-08-07", "benchmark": "SPY", "stage": 2, "stage_name": "Advancing", "phase": "2c", "phase_label": "Stage 2C \u00b7 Late advance", "transition": "stage_2_healthy", "transition_label": "Stage 2 trend intact", "confidence": 54.231, "architecture_regime": "deceleration", "architecture_regime_label": "Deceleration", "architecture_modifier": "Momentum cooling", "architecture_gate": "mixed", "architecture_direction": -23.498, "architecture_energy": 27.707, "architecture_maturity": 30.091, "architecture_confidence": 58.261, "architecture_tenure": "Developing", "architecture": { "interpretation": { "headline": "The upward structure remains, but its energy is decelerating.", "body": "Trend remains positive, but Activity or price acceptance is losing strength. This can become a healthy recompression, a re-acceleration, or a Rotation Down." }, "scores": { "balance": 39.68, "rotation_up": 15.18, "upward_expansion": 21.11, "deceleration": 59.4, "rotation_down": 62.96, "downward_expansion": 41.77 }, "activity_lines": [ 21.799333, 22.066, 22.310201, 22.188987 ], "activity_state": "Moderate", "activity_direction": "Expanding", "rotation_direction": "Weakening", "price_acceptance": -0.833333 }, "latest_close": 21.66, "trend_reference": 21.857721, "distance_from_trend": -0.009046, "trend_direction": "Improving", "fair_value": 19.752027, "distance_from_fair_value": 0.096596, "fair_value_direction": "Weakening", "relative_strength": -6.402528, "relative_strength_direction": "Weakening", "price_momentum": 0.068856, "excess_performance": -0.056769, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.009046, "read": "Below" }, { "label": "Trend direction", "positive": true, "value": 0.067593, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.096596, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.084336, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.064025, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.0701, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.068856, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 1.417783, "read": "Demand-led" } ], "volume": { "latest": 322610, "relative_activity": 2.231327, "balance": 1.417783, "dry_up": 1.412497, "accumulation_observations": 3, "distribution_observations": 3 }, "risk": { "range_context": 0.036091, "annualized_volatility": 0.120193, "from_high_reference": -0.080251, "from_low_reference": 0.28013 }, "levels": { "trend_reference": 21.857721, "fair_value_reference": 19.752027, "structural_low": 20.333257, "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 9, "median_return": -0.010724, "positive_rate": 0.333333, "directional_follow_through": 0.333333, "median_excess_return": -0.011019, "regime_survival": 0.222222, "best_return": 0.099386, "worst_return": -0.03867, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 7, "median_return": -0.009686, "positive_rate": 0.285714, "directional_follow_through": 0.285714, "median_excess_return": -0.045926, "regime_survival": 0.142857, "best_return": 0.038381, "worst_return": -0.08533, "sufficient": true }, { "horizon": "Extended", "sample_count": 5, "median_return": 0.041358, "positive_rate": 0.6, "directional_follow_through": 0.6, "median_excess_return": -0.081968, "regime_survival": 0.0, "best_return": 0.061746, "worst_return": -0.093351, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 4, "median_return": 0.072848, "positive_rate": 0.75, "directional_follow_through": 0.75, "median_excess_return": -0.062307, "regime_survival": 0.5, "best_return": 0.141764, "worst_return": -0.106648, "sufficient": false } ], "ledger": [ { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-07-05", "end": "2024-07-12", "tenure": "New", "return": -0.000435, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-07-19", "end": "2024-09-27", "tenure": "Developing", "return": -0.021917, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-10-04", "end": "2024-11-22", "tenure": "Developing", "return": 0.070321, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-11-29", "end": "2025-01-10", "tenure": "Developing", "return": -0.027766, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-01-17", "end": "2025-01-24", "tenure": "New", "return": 0.031092, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-01-31", "end": "2025-03-21", "tenure": "Developing", "return": -0.032269, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-03-28", "end": "2025-05-16", "tenure": "Developing", "return": 0.00541, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-05-23", "end": "2025-05-30", "tenure": "New", "return": -0.007181, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-06-06", "end": "2025-08-22", "tenure": "Developing", "return": 0.020114, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-08-29", "end": "2025-09-26", "tenure": "Developing", "return": -0.051607, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-10-03", "end": "2026-01-23", "tenure": "Established", "return": 0.010318, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2026-01-30", "end": "2026-02-27", "tenure": "Developing", "return": 0.049485, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-03-06", "end": "2026-07-03", "tenure": "Established", "return": 0.032501, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-07-10", "end": "2026-08-07", "tenure": "Developing", "return": -0.013661, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 17.67223, "volume": 144840, "typical_volume": 173914.85, "trend": 17.226871, "fair_value": 16.853579, "relative_strength": -4.867861, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 30.178211, "energy": 45.54495, "activity_lines": [ 17.715941, 17.558505, 17.287124, 17.177489 ] }, { "date": "2023-08-25", "close": 17.886103, "volume": 167444, "typical_volume": 175696.4, "trend": 17.181298, "fair_value": 16.885094, "relative_strength": -4.22319, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 60.599993, "energy": 50.596452, "activity_lines": [ 17.781195, 17.649916, 17.362781, 17.22002 ] }, { "date": "2023-09-01", "close": 17.925709, "volume": 166791, "typical_volume": 173897.85, "trend": 17.178755, "fair_value": 16.919271, "relative_strength": -6.205452, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 60.732787, "energy": 45.742598, "activity_lines": [ 17.826875, 17.731407, 17.434775, 17.268046 ] }, { "date": "2023-09-08", "close": 17.600939, "volume": 106090, "typical_volume": 170347.4, "trend": 17.15299, "fair_value": 16.951166, "relative_strength": -6.55314, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 53.856118, "energy": 35.016762, "activity_lines": [ 17.760948, 17.733187, 17.470528, 17.295284 ] }, { "date": "2023-09-15", "close": 17.109824, "volume": 193503, "typical_volume": 173088.45, "trend": 17.124769, "fair_value": 16.977223, "relative_strength": -8.830573, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 28.226054, "energy": 17.44459, "activity_lines": [ 17.544963, 17.631621, 17.458201, 17.292499 ] }, { "date": "2023-09-22", "close": 17.339539, "volume": 177721, "typical_volume": 169413.0, "trend": 17.108506, "fair_value": 17.00961, "relative_strength": -4.786214, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 30.766978, "energy": 17.770713, "activity_lines": [ 17.445155, 17.576855, 17.467375, 17.306355 ] }, { "date": "2023-09-29", "close": 17.228642, "volume": 173185, "typical_volume": 165701.55, "trend": 17.109796, "fair_value": 17.041647, "relative_strength": -4.559012, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 20.421168, "energy": 18.216573, "activity_lines": [ 17.330562, 17.503629, 17.461878, 17.314106 ] }, { "date": "2023-10-06", "close": 16.935557, "volume": 147949, "typical_volume": 166172.35, "trend": 17.12029, "fair_value": 17.071083, "relative_strength": -6.357788, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -3.545537, "energy": 18.117193, "activity_lines": [ 17.162104, 17.380131, 17.425082, 17.302865 ] }, { "date": "2023-10-13", "close": 16.967242, "volume": 148000, "typical_volume": 166018.95, "trend": 17.140189, "fair_value": 17.103934, "relative_strength": -6.285045, "stage": 4, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -21.870695, "energy": 28.083792, "activity_lines": [ 17.070218, 17.279482, 17.390497, 17.29299 ] }, { "date": "2023-10-20", "close": 16.943479, "volume": 104719, "typical_volume": 161735.3, "trend": 17.149176, "fair_value": 17.134746, "relative_strength": -3.912097, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -24.015566, "energy": 37.740163, "activity_lines": [ 17.012657, 17.189756, 17.351508, 17.280299 ] }, { "date": "2023-10-27", "close": 16.864267, "volume": 240235, "typical_volume": 165503.0, "trend": 17.154512, "fair_value": 17.170108, "relative_strength": -1.79269, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -26.098431, "energy": 45.303081, "activity_lines": [ 16.939782, 17.099454, 17.305718, 17.261918 ] }, { "date": "2023-11-03", "close": 17.426673, "volume": 210319, "typical_volume": 168822.9, "trend": 17.191242, "fair_value": 17.205858, "relative_strength": -3.828099, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -9.443538, "energy": 13.528644, "activity_lines": [ 17.086061, 17.126099, 17.31476, 17.279477 ] }, { "date": "2023-11-10", "close": 17.229051, "volume": 276842, "typical_volume": 177369.65, "trend": 17.205195, "fair_value": 17.239847, "relative_strength": -5.957691, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -1.025675, "energy": 5.6088, "activity_lines": [ 17.153263, 17.125165, 17.302684, 17.281916 ] }, { "date": "2023-11-17", "close": 17.860567, "volume": 200377, "typical_volume": 182524.55, "trend": 17.222996, "fair_value": 17.27142, "relative_strength": -4.560181, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 45.775273, "energy": 25.146029, "activity_lines": [ 17.411405, 17.251719, 17.348658, 17.324198 ] }, { "date": "2023-11-24", "close": 17.973916, "volume": 60799, "typical_volume": 174571.7, "trend": 17.254442, "fair_value": 17.296269, "relative_strength": -4.76573, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 52.595755, "energy": 37.095836, "activity_lines": [ 17.647774, 17.394161, 17.400511, 17.372645 ] }, { "date": "2023-12-01", "close": 18.346348, "volume": 180580, "typical_volume": 171493.55, "trend": 17.316769, "fair_value": 17.323134, "relative_strength": -3.458785, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 73.344134, "energy": 67.231295, "activity_lines": [ 17.939592, 17.588607, 17.485037, 17.44309 ] }, { "date": "2023-12-08", "close": 17.625772, "volume": 159714, "typical_volume": 168824.05, "trend": 17.353703, "fair_value": 17.348633, "relative_strength": -7.301325, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 57.382662, "energy": 57.927501, "activity_lines": [ 17.892412, 17.633734, 17.496589, 17.463026 ] }, { "date": "2023-12-15", "close": 18.095361, "volume": 217685, "typical_volume": 173254.65, "trend": 17.398015, "fair_value": 17.371789, "relative_strength": -6.852641, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 62.144772, "energy": 60.909737, "activity_lines": [ 17.988489, 17.75702, 17.551762, 17.510875 ] }, { "date": "2023-12-22", "close": 17.641965, "volume": 163328, "typical_volume": 172359.75, "trend": 17.435489, "fair_value": 17.393521, "relative_strength": -9.780551, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 53.873167, "energy": 37.703717, "activity_lines": [ 17.87568, 17.776783, 17.562707, 17.526614 ] }, { "date": "2023-12-29", "close": 17.528616, "volume": 149019, "typical_volume": 169457.0, "trend": 17.449789, "fair_value": 17.407734, "relative_strength": -10.272438, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 35.878087, "energy": 17.519135, "activity_lines": [ 17.739661, 17.76367, 17.563637, 17.532622 ] }, { "date": "2024-01-05", "close": 17.682447, "volume": 119017, "typical_volume": 168165.85, "trend": 17.468182, "fair_value": 17.430549, "relative_strength": -7.705667, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 33.415998, "energy": 15.945455, "activity_lines": [ 17.684606, 17.767887, 17.580052, 17.547632 ] }, { "date": "2024-01-12", "close": 18.621624, "volume": 158016, "typical_volume": 167694.45, "trend": 17.524088, "fair_value": 17.461526, "relative_strength": -4.201813, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.270017, "energy": 32.631868, "activity_lines": [ 17.98687, 17.927987, 17.685864, 17.622048 ] }, { "date": "2024-01-19", "close": 18.953575, "volume": 139271, "typical_volume": 166318.45, "trend": 17.596231, "fair_value": 17.493148, "relative_strength": -3.234124, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 73.167937, "energy": 58.407553, "activity_lines": [ 18.333394, 18.126716, 17.819787, 17.714273 ] }, { "date": "2024-01-26", "close": 18.824033, "volume": 94882, "typical_volume": 165758.05, "trend": 17.662762, "fair_value": 17.515747, "relative_strength": -4.444484, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.606576, "energy": 69.818043, "activity_lines": [ 18.579523, 18.270537, 17.936479, 17.793486 ] }, { "date": "2024-02-02", "close": 18.558855, "volume": 302304, "typical_volume": 171198.1, "trend": 17.701835, "fair_value": 17.535014, "relative_strength": -6.812387, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 59.328201, "energy": 70.214024, "activity_lines": [ 18.658455, 18.348626, 18.022091, 17.851298 ] }, { "date": "2024-02-09", "close": 18.162404, "volume": 145702, "typical_volume": 169597.15, "trend": 17.72614, "fair_value": 17.552412, "relative_strength": -9.6405, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 57.835365, "energy": 60.188573, "activity_lines": [ 18.536554, 18.343997, 18.063046, 17.881012 ] }, { "date": "2024-02-16", "close": 18.426704, "volume": 103199, "typical_volume": 166097.85, "trend": 17.760549, "fair_value": 17.570833, "relative_strength": -7.666689, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 54.154114, "energy": 36.385491, "activity_lines": [ 18.470756, 18.390768, 18.125255, 17.92621 ] }, { "date": "2024-02-23", "close": 18.476261, "volume": 146814, "typical_volume": 166041.1, "trend": 17.780575, "fair_value": 17.590578, "relative_strength": -8.530052, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 52.009633, "energy": 29.043136, "activity_lines": [ 18.434472, 18.431987, 18.186477, 17.972385 ] }, { "date": "2024-03-01", "close": 18.492779, "volume": 174472, "typical_volume": 167364.7, "trend": 17.80348, "fair_value": 17.609968, "relative_strength": -9.027611, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 40.758805, "energy": 23.012559, "activity_lines": [ 18.435514, 18.469283, 18.241936, 18.018334 ] }, { "date": "2024-03-08", "close": 18.48452, "volume": 106677, "typical_volume": 167462.6, "trend": 17.8295, "fair_value": 17.624309, "relative_strength": -8.529899, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 39.587209, "energy": 24.932863, "activity_lines": [ 18.455887, 18.489609, 18.289344, 18.062272 ] }, { "date": "2024-03-15", "close": 18.691005, "volume": 81047, "typical_volume": 159503.2, "trend": 17.863459, "fair_value": 17.641695, "relative_strength": -7.187735, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 56.454861, "energy": 32.967538, "activity_lines": [ 18.550045, 18.530097, 18.34908, 18.117853 ] }, { "date": "2024-03-22", "close": 18.410186, "volume": 114222, "typical_volume": 154698.35, "trend": 17.880929, "fair_value": 17.65577, "relative_strength": -10.253795, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 49.273284, "energy": 28.210597, "activity_lines": [ 18.515355, 18.50119, 18.373371, 18.153125 ] }, { "date": "2024-03-29", "close": 18.335851, "volume": 98382, "typical_volume": 145775.35, "trend": 17.8946, "fair_value": 17.672055, "relative_strength": -10.657117, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 37.588768, "energy": 20.807246, "activity_lines": [ 18.456989, 18.462611, 18.3859, 18.182475 ] }, { "date": "2024-04-05", "close": 18.286295, "volume": 117598, "typical_volume": 141636.4, "trend": 17.917445, "fair_value": 17.683782, "relative_strength": -9.871229, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 33.365216, "energy": 16.013371, "activity_lines": [ 18.391464, 18.426254, 18.388438, 18.207746 ] }, { "date": "2024-04-12", "close": 18.154144, "volume": 112420, "typical_volume": 144217.45, "trend": 17.952256, "fair_value": 17.689079, "relative_strength": -8.934772, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 14.66227, "energy": 10.820279, "activity_lines": [ 18.295655, 18.375646, 18.376364, 18.223017 ] }, { "date": "2024-04-19", "close": 17.94766, "volume": 132401, "typical_volume": 141808.5, "trend": 17.972527, "fair_value": 17.690869, "relative_strength": -6.823915, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 3.329088, "energy": 10.731573, "activity_lines": [ 18.153043, 18.294854, 18.343766, 18.22272 ] }, { "date": "2024-04-26", "close": 18.104588, "volume": 80052, "typical_volume": 137825.4, "trend": 18.001725, "fair_value": 17.694127, "relative_strength": -8.162919, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 7.179015, "energy": 12.947146, "activity_lines": [ 18.112297, 18.246499, 18.328012, 18.23124 ] }, { "date": "2024-05-03", "close": 18.253257, "volume": 107925, "typical_volume": 132337.4, "trend": 18.045648, "fair_value": 17.697373, "relative_strength": -7.737383, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 7.729145, "energy": 11.985001, "activity_lines": [ 18.14148, 18.231032, 18.324137, 18.247468 ] }, { "date": "2024-05-10", "close": 18.890387, "volume": 3273974, "typical_volume": 287869.7, "trend": 18.109753, "fair_value": 17.705682, "relative_strength": -6.060089, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 44.182223, "energy": 18.594958, "activity_lines": [ 18.388546, 18.335461, 18.38019, 18.301967 ] }, { "date": "2024-05-17", "close": 18.797621, "volume": 1166013, "typical_volume": 338719.4, "trend": 18.171558, "fair_value": 17.712157, "relative_strength": -7.805991, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 44.068823, "energy": 32.338316, "activity_lines": [ 18.564417, 18.415794, 18.421462, 18.346346 ] }, { "date": "2024-05-24", "close": 19.008452, "volume": 141746, "typical_volume": 339855.85, "trend": 18.243031, "fair_value": 17.718189, "relative_strength": -6.583787, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 63.124106, "energy": 57.832504, "activity_lines": [ 18.767667, 18.528767, 18.476771, 18.400339 ] }, { "date": "2024-05-31", "close": 19.708408, "volume": 267172, "typical_volume": 345313.65, "trend": 18.319088, "fair_value": 17.729264, "relative_strength": -2.609191, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 81.941772, "energy": 79.318619, "activity_lines": [ 19.133516, 18.763233, 18.592428, 18.49488 ] }, { "date": "2024-06-07", "close": 19.193982, "volume": 142376, "typical_volume": 345468.9, "trend": 18.384586, "fair_value": 17.736956, "relative_strength": -6.119609, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 61.856649, "energy": 71.915659, "activity_lines": [ 19.220968, 18.880563, 18.653917, 18.551324 ] }, { "date": "2024-06-14", "close": 18.696423, "volume": 140259, "typical_volume": 347737.75, "trend": 18.412448, "fair_value": 17.743508, "relative_strength": -9.825697, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 59.035573, "energy": 61.401704, "activity_lines": [ 19.079853, 18.891826, 18.666874, 18.571443 ] }, { "date": "2024-06-21", "close": 18.890387, "volume": 91191, "typical_volume": 337182.1, "trend": 18.442997, "fair_value": 17.750535, "relative_strength": -9.262287, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 55.312294, "energy": 39.839548, "activity_lines": [ 19.016323, 18.930897, 18.698912, 18.602278 ] }, { "date": "2024-06-28", "close": 19.042184, "volume": 121604, "typical_volume": 335977.2, "trend": 18.466192, "fair_value": 17.75704, "relative_strength": -8.322709, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 53.077016, "energy": 29.611512, "activity_lines": [ 18.997207, 18.984182, 18.743828, 18.640935 ] }, { "date": "2024-07-05", "close": 19.379513, "volume": 79411, "typical_volume": 334787.8, "trend": 18.52465, "fair_value": 17.765537, "relative_strength": -8.208105, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 63.26296, "energy": 33.305557, "activity_lines": [ 19.088286, 19.0789, 18.816681, 18.699859 ] }, { "date": "2024-07-12", "close": 19.371079, "volume": 159020, "typical_volume": 335398.1, "trend": 18.567174, "fair_value": 17.774876, "relative_strength": -8.905726, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 61.26025, "energy": 38.118067, "activity_lines": [ 19.19848, 19.148903, 18.884194, 18.754467 ] }, { "date": "2024-07-19", "close": 19.674675, "volume": 132325, "typical_volume": 333290.75, "trend": 18.63493, "fair_value": 17.785564, "relative_strength": -5.472393, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 68.943707, "energy": 55.041267, "activity_lines": [ 19.398066, 19.253781, 18.97636, 18.825919 ] }, { "date": "2024-07-26", "close": 19.430112, "volume": 130371, "typical_volume": 334475.45, "trend": 18.698314, "fair_value": 17.795965, "relative_strength": -5.676643, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 57.88323, "energy": 52.870937, "activity_lines": [ 19.450914, 19.299934, 19.039606, 18.877221 ] }, { "date": "2024-08-02", "close": 19.379513, "volume": 117648, "typical_volume": 336305.5, "trend": 18.754883, "fair_value": 17.805786, "relative_strength": -3.687004, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 56.907723, "energy": 48.211265, "activity_lines": [ 19.450914, 19.325387, 19.09353, 18.921169 ] }, { "date": "2024-08-09", "close": 19.34578, "volume": 171636, "typical_volume": 339176.2, "trend": 18.779021, "fair_value": 17.814, "relative_strength": -3.675234, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 53.105517, "energy": 35.102811, "activity_lines": [ 19.417181, 19.33796, 19.140962, 18.959292 ] }, { "date": "2024-08-16", "close": 19.518985, "volume": 113883, "typical_volume": 339951.25, "trend": 18.797868, "fair_value": 17.828626, "relative_strength": -6.271391, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 53.823874, "energy": 31.50915, "activity_lines": [ 19.443432, 19.388618, 19.200436, 19.007031 ] }, { "date": "2024-08-23", "close": 19.570645, "volume": 104828, "typical_volume": 339312.75, "trend": 18.822755, "fair_value": 17.840585, "relative_strength": -7.025628, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 54.288239, "energy": 31.347135, "activity_lines": [ 19.477043, 19.44276, 19.259195, 19.056888 ] }, { "date": "2024-08-30", "close": 19.579255, "volume": 140791, "typical_volume": 340731.3, "trend": 18.856768, "fair_value": 17.851947, "relative_strength": -6.975164, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 53.584037, "energy": 32.220197, "activity_lines": [ 19.520459, 19.482572, 19.312658, 19.105694 ] }, { "date": "2024-09-06", "close": 19.165973, "volume": 101558, "typical_volume": 339189.15, "trend": 18.890221, "fair_value": 17.863659, "relative_strength": -4.783621, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 39.387799, "energy": 23.813252, "activity_lines": [ 19.416171, 19.434718, 19.319975, 19.125643 ] }, { "date": "2024-09-13", "close": 19.295123, "volume": 83521, "typical_volume": 339362.6, "trend": 18.919168, "fair_value": 17.877111, "relative_strength": -7.612356, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 36.424574, "energy": 19.096814, "activity_lines": [ 19.36917, 19.408094, 19.333791, 19.151766 ] }, { "date": "2024-09-20", "close": 19.209023, "volume": 82382, "typical_volume": 338085.45, "trend": 18.943594, "fair_value": 17.893489, "relative_strength": -8.98318, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 32.976745, "energy": 15.278342, "activity_lines": [ 19.296845, 19.36735, 19.333737, 19.170466 ] }, { "date": "2024-09-27", "close": 19.243463, "volume": 93840, "typical_volume": 179078.75, "trend": 18.968616, "fair_value": 17.911001, "relative_strength": -8.995632, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 28.873182, "energy": 16.148884, "activity_lines": [ 19.256665, 19.335815, 19.332412, 19.189812 ] }, { "date": "2024-10-04", "close": 19.191803, "volume": 62335, "typical_volume": 123894.85, "trend": 18.992192, "fair_value": 17.926138, "relative_strength": -9.173847, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 15.826157, "energy": 10.672624, "activity_lines": [ 19.221077, 19.302727, 19.324486, 19.204212 ] }, { "date": "2024-10-11", "close": 19.450104, "volume": 115302, "typical_volume": 122572.65, "trend": 19.017496, "fair_value": 17.939715, "relative_strength": -8.699889, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 23.07475, "energy": 10.729538, "activity_lines": [ 19.297419, 19.320935, 19.339282, 19.233754 ] }, { "date": "2024-10-18", "close": 19.415664, "volume": 114026, "typical_volume": 114915.35, "trend": 19.051012, "fair_value": 17.952419, "relative_strength": -9.283775, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 33.402628, "energy": 14.870808, "activity_lines": [ 19.34334, 19.331599, 19.348696, 19.259443 ] }, { "date": "2024-10-25", "close": 19.338174, "volume": 109715, "typical_volume": 113282.3, "trend": 19.084422, "fair_value": 17.964583, "relative_strength": -8.384035, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 30.740964, "energy": 15.166273, "activity_lines": [ 19.355394, 19.326902, 19.352123, 19.277969 ] }, { "date": "2024-11-01", "close": 19.243463, "volume": 99790, "typical_volume": 111258.85, "trend": 19.116328, "fair_value": 17.975139, "relative_strength": -7.216095, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 26.428934, "energy": 13.542857, "activity_lines": [ 19.327268, 19.308273, 19.345844, 19.28823 ] }, { "date": "2024-11-08", "close": 19.484544, "volume": 221980, "typical_volume": 117798.3, "trend": 19.160675, "fair_value": 17.989462, "relative_strength": -9.98111, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 36.279427, "energy": 17.246453, "activity_lines": [ 19.379502, 19.339426, 19.35992, 19.311986 ] }, { "date": "2024-11-15", "close": 19.820644, "volume": 301454, "typical_volume": 126790.8, "trend": 19.223107, "fair_value": 18.009349, "relative_strength": -6.168389, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 61.443141, "energy": 39.637417, "activity_lines": [ 19.524253, 19.43341, 19.403176, 19.354564 ] }, { "date": "2024-11-22", "close": 20.541395, "volume": 274202, "typical_volume": 136530.35, "trend": 19.304334, "fair_value": 18.033724, "relative_strength": -4.06777, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 79.916139, "energy": 69.556407, "activity_lines": [ 19.884552, 19.646536, 19.511369, 19.439615 ] }, { "date": "2024-11-29", "close": 20.89298, "volume": 129443, "typical_volume": 135051.5, "trend": 19.392325, "fair_value": 18.063673, "relative_strength": -3.264239, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 84.973091, "energy": 84.254925, "activity_lines": [ 20.286998, 19.900927, 19.647512, 19.542108 ] }, { "date": "2024-12-06", "close": 21.016035, "volume": 137470, "typical_volume": 135308.75, "trend": 19.46318, "fair_value": 18.091888, "relative_strength": -3.316483, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 81.949782, "energy": 88.753209, "activity_lines": [ 20.626807, 20.147075, 19.788128, 19.646864 ] }, { "date": "2024-12-13", "close": 21.033615, "volume": 185708, "typical_volume": 138075.6, "trend": 19.537713, "fair_value": 18.12017, "relative_strength": -2.443526, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 78.004822, "energy": 91.422398, "activity_lines": [ 20.854306, 20.36419, 19.924031, 19.748182 ] }, { "date": "2024-12-20", "close": 20.17223, "volume": 344947, "typical_volume": 149440.55, "trend": 19.576506, "fair_value": 18.139388, "relative_strength": -4.503949, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.126457, "energy": 78.986472, "activity_lines": [ 20.691405, 20.391203, 19.970262, 19.789119 ] }, { "date": "2024-12-27", "close": 20.488657, "volume": 144388, "typical_volume": 148078.15, "trend": 19.602514, "fair_value": 18.151778, "relative_strength": -3.483694, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 61.945906, "energy": 51.028489, "activity_lines": [ 20.61054, 20.462618, 20.042854, 19.847967 ] }, { "date": "2025-01-03", "close": 20.181019, "volume": 228195, "typical_volume": 153793.75, "trend": 19.635415, "fair_value": 18.163303, "relative_strength": -4.225592, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 45.73947, "energy": 32.866747, "activity_lines": [ 20.430645, 20.458589, 20.080704, 19.88529 ] }, { "date": "2025-01-10", "close": 20.312864, "volume": 124520, "typical_volume": 154778.35, "trend": 19.689297, "fair_value": 18.173104, "relative_strength": -1.453282, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 39.010136, "energy": 22.092636, "activity_lines": [ 20.342163, 20.463209, 20.127959, 19.928997 ] }, { "date": "2025-01-17", "close": 20.919349, "volume": 142055, "typical_volume": 154841.55, "trend": 19.756929, "fair_value": 18.190557, "relative_strength": -1.157288, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 55.128565, "energy": 32.573487, "activity_lines": [ 20.50272, 20.558654, 20.229439, 20.008355 ] }, { "date": "2025-01-24", "close": 21.569783, "volume": 120281, "typical_volume": 155777.7, "trend": 19.841182, "fair_value": 18.212534, "relative_strength": 0.372494, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 76.76527, "energy": 49.822925, "activity_lines": [ 20.887707, 20.746273, 20.386485, 20.125313 ] }, { "date": "2025-01-31", "close": 21.446728, "volume": 146948, "typical_volume": 158949.05, "trend": 19.910089, "fair_value": 18.232638, "relative_strength": 0.95081, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 71.639415, "energy": 69.930445, "activity_lines": [ 21.138504, 20.879716, 20.520364, 20.228897 ] }, { "date": "2025-02-07", "close": 21.614962, "volume": 215273, "typical_volume": 165593.6, "trend": 19.984885, "fair_value": 18.247736, "relative_strength": 1.960705, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 72.173818, "energy": 78.213096, "activity_lines": [ 21.381509, 21.027286, 20.66002, 20.338889 ] }, { "date": "2025-02-14", "close": 21.113122, "volume": 208927, "typical_volume": 171347.95, "trend": 20.032834, "fair_value": 18.261374, "relative_strength": -1.718824, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 62.640059, "energy": 70.955148, "activity_lines": [ 21.361637, 21.070486, 20.740424, 20.411678 ] }, { "date": "2025-02-21", "close": 21.704576, "volume": 100613, "typical_volume": 173261.85, "trend": 20.108649, "fair_value": 18.282095, "relative_strength": 2.715586, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 71.463603, "energy": 68.064295, "activity_lines": [ 21.485566, 21.219457, 20.868255, 20.519532 ] }, { "date": "2025-02-28", "close": 21.507424, "volume": 430929, "typical_volume": 189043.2, "trend": 20.179579, "fair_value": 18.301821, "relative_strength": 2.787453, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 62.10936, "energy": 48.398589, "activity_lines": [ 21.491429, 21.320384, 20.965343, 20.609776 ] }, { "date": "2025-03-07", "close": 21.695614, "volume": 109246, "typical_volume": 188804.2, "trend": 20.257907, "fair_value": 18.32262, "relative_strength": 6.910917, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.258745, "energy": 47.443597, "activity_lines": [ 21.56418, 21.43125, 21.070558, 20.707585 ] }, { "date": "2025-03-14", "close": 20.880125, "volume": 143065, "typical_volume": 190471.7, "trend": 20.303279, "fair_value": 18.339001, "relative_strength": 5.284283, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 46.133371, "energy": 33.308415, "activity_lines": [ 21.348508, 21.371901, 21.08725, 20.747728 ] }, { "date": "2025-03-21", "close": 20.754665, "volume": 128561, "typical_volume": 191910.25, "trend": 20.342746, "fair_value": 18.348719, "relative_strength": 4.063223, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 36.614901, "energy": 21.324041, "activity_lines": [ 21.140006, 21.27703, 21.084651, 20.776849 ] }, { "date": "2025-03-28", "close": 20.682973, "volume": 108789, "typical_volume": 186250.7, "trend": 20.379536, "fair_value": 18.358293, "relative_strength": 5.158001, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 24.793104, "energy": 18.457383, "activity_lines": [ 20.931503, 21.161092, 21.068027, 20.7988 ] }, { "date": "2025-04-04", "close": 20.530629, "volume": 157581, "typical_volume": 179057.05, "trend": 20.425025, "fair_value": 18.364682, "relative_strength": 14.485687, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 2.260529, "energy": 16.864637, "activity_lines": [ 20.740326, 21.021752, 21.031188, 20.808547 ] }, { "date": "2025-04-11", "close": 20.145288, "volume": 325504, "typical_volume": 181622.15, "trend": 20.453364, "fair_value": 18.364679, "relative_strength": 6.206845, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -8.351357, "energy": 22.251664, "activity_lines": [ 20.485822, 20.831244, 20.954269, 20.7905 ] }, { "date": "2025-04-18", "close": 20.656089, "volume": 116612, "typical_volume": 180980.6, "trend": 20.501599, "fair_value": 18.375343, "relative_strength": 10.306292, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 1.499113, "energy": 17.531273, "activity_lines": [ 20.50494, 20.757272, 20.927884, 20.803579 ] }, { "date": "2025-04-25", "close": 21.193774, "volume": 95738, "typical_volume": 178894.0, "trend": 20.56661, "fair_value": 18.388371, "relative_strength": 8.056251, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 15.177746, "energy": 14.449082, "activity_lines": [ 20.718221, 20.798494, 20.953836, 20.848235 ] }, { "date": "2025-05-02", "close": 20.85324, "volume": 114506, "typical_volume": 175333.9, "trend": 20.621991, "fair_value": 18.396152, "relative_strength": 3.260356, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 20.565035, "energy": 11.167476, "activity_lines": [ 20.788718, 20.776335, 20.946508, 20.866728 ] }, { "date": "2025-05-09", "close": 20.674012, "volume": 118712, "typical_volume": 164022.15, "trend": 20.662788, "fair_value": 18.406005, "relative_strength": 2.817155, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 20.604371, "energy": 11.678896, "activity_lines": [ 20.788121, 20.737068, 20.922971, 20.870084 ] }, { "date": "2025-05-16", "close": 20.794864, "volume": 179618, "typical_volume": 165783.65, "trend": 20.708761, "fair_value": 18.420578, "relative_strength": -1.728003, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 24.615748, "energy": 13.801232, "activity_lines": [ 20.818248, 20.734926, 20.908554, 20.878605 ] }, { "date": "2025-05-23", "close": 20.374212, "volume": 160669, "typical_volume": 162407.35, "trend": 20.743296, "fair_value": 18.423646, "relative_strength": -1.144199, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -24.323203, "energy": 13.232611, "activity_lines": [ 20.664854, 20.67268, 20.852616, 20.857021 ] }, { "date": "2025-05-30", "close": 20.227898, "volume": 184562, "typical_volume": 165409.45, "trend": 20.77611, "fair_value": 18.428484, "relative_strength": -3.381896, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -29.19769, "energy": 31.157741, "activity_lines": [ 20.48148, 20.59303, 20.781824, 20.82377 ] }, { "date": "2025-06-06", "close": 20.282765, "volume": 161807, "typical_volume": 166397.05, "trend": 20.802718, "fair_value": 18.437113, "relative_strength": -4.564831, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -55.668785, "energy": 45.73448, "activity_lines": [ 20.380786, 20.532933, 20.716662, 20.791941 ] }, { "date": "2025-06-13", "close": 20.227898, "volume": 155754, "typical_volume": 168170.7, "trend": 20.816293, "fair_value": 18.459338, "relative_strength": -4.429994, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -58.857751, "energy": 54.19354, "activity_lines": [ 20.299835, 20.470137, 20.649306, 20.754856 ] }, { "date": "2025-06-20", "close": 20.072439, "volume": 150783, "typical_volume": 168362.45, "trend": 20.800661, "fair_value": 18.474464, "relative_strength": -4.942649, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.581798, "energy": 57.270021, "activity_lines": [ 20.196806, 20.38458, 20.573534, 20.706865 ] }, { "date": "2025-06-27", "close": 20.264476, "volume": 189176, "typical_volume": 167057.6, "trend": 20.779711, "fair_value": 18.490729, "relative_strength": -7.128746, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -55.355226, "energy": 44.980515, "activity_lines": [ 20.205951, 20.335263, 20.522596, 20.672273 ] }, { "date": "2025-07-04", "close": 20.538815, "volume": 96941, "typical_volume": 161458.3, "trend": 20.763803, "fair_value": 18.510313, "relative_strength": -7.314313, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -51.083992, "energy": 29.356449, "activity_lines": [ 20.313857, 20.342946, 20.504216, 20.656731 ] }, { "date": "2025-07-11", "close": 20.520526, "volume": 148403, "typical_volume": 163847.8, "trend": 20.746701, "fair_value": 18.531752, "relative_strength": -7.034678, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -38.330155, "energy": 21.481175, "activity_lines": [ 20.39494, 20.359212, 20.486829, 20.641036 ] }, { "date": "2025-07-18", "close": 20.273621, "volume": 146777, "typical_volume": 149640.2, "trend": 20.75008, "fair_value": 18.548948, "relative_strength": -8.535074, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -39.831125, "energy": 19.556022, "activity_lines": [ 20.37787, 20.336636, 20.451566, 20.610514 ] }, { "date": "2025-07-25", "close": 20.182175, "volume": 185926, "typical_volume": 153474.2, "trend": 20.739864, "fair_value": 18.562117, "relative_strength": -10.090186, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -43.136563, "energy": 21.285461, "activity_lines": [ 20.32727, 20.304713, 20.413469, 20.573875 ] }, { "date": "2025-08-01", "close": 19.953559, "volume": 161102, "typical_volume": 154376.05, "trend": 20.732282, "fair_value": 18.574004, "relative_strength": -8.674204, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.006356, "energy": 43.048326, "activity_lines": [ 20.193148, 20.242363, 20.360805, 20.523146 ] }, { "date": "2025-08-08", "close": 20.072439, "volume": 163976, "typical_volume": 156146.8, "trend": 20.724268, "fair_value": 18.584912, "relative_strength": -10.101095, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -57.572136, "energy": 50.194441, "activity_lines": [ 20.119382, 20.209276, 20.323876, 20.480575 ] }, { "date": "2025-08-15", "close": 20.550616, "volume": 208721, "typical_volume": 161143.4, "trend": 20.711977, "fair_value": 18.59837, "relative_strength": -8.66888, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -45.116824, "energy": 29.122575, "activity_lines": [ 20.236099, 20.265957, 20.335736, 20.469372 ] }, { "date": "2025-08-22", "close": 20.690733, "volume": 128354, "typical_volume": 159682.05, "trend": 20.682675, "fair_value": 18.612167, "relative_strength": -8.151794, "stage": 3, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -20.053967, "energy": 10.444879, "activity_lines": [ 20.397516, 20.343244, 20.361571, 20.468001 ] }, { "date": "2025-08-29", "close": 20.634686, "volume": 171414, "typical_volume": 151977.55, "trend": 20.655607, "fair_value": 18.63495, "relative_strength": -8.203014, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -6.012882, "energy": 12.469473, "activity_lines": [ 20.512443, 20.401925, 20.381306, 20.464905 ] }, { "date": "2025-09-05", "close": 20.447863, "volume": 129282, "typical_volume": 152611.05, "trend": 20.616704, "fair_value": 18.653872, "relative_strength": -9.125419, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -8.918225, "energy": 17.227177, "activity_lines": [ 20.534929, 20.416415, 20.380917, 20.451503 ] }, { "date": "2025-09-12", "close": 20.223674, "volume": 214774, "typical_volume": 158562.85, "trend": 20.587056, "fair_value": 18.677011, "relative_strength": -11.316116, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -20.552351, "energy": 14.573311, "activity_lines": [ 20.449731, 20.38681, 20.360169, 20.426146 ] }, { "date": "2025-09-19", "close": 19.747273, "volume": 187759, "typical_volume": 162225.5, "trend": 20.521812, "fair_value": 18.707892, "relative_strength": -14.250445, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -61.839129, "energy": 36.284495, "activity_lines": [ 20.19565, 20.276316, 20.298669, 20.371966 ] }, { "date": "2025-09-26", "close": 19.569791, "volume": 259459, "typical_volume": 169262.85, "trend": 20.457224, "fair_value": 18.732868, "relative_strength": -14.566108, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -70.343347, "energy": 64.245357, "activity_lines": [ 19.935965, 20.147612, 20.225532, 20.310545 ] }, { "date": "2025-10-03", "close": 19.999485, "volume": 378415, "typical_volume": 179202.7, "trend": 20.400687, "fair_value": 18.756065, "relative_strength": -13.46133, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -55.031129, "energy": 59.067592, "activity_lines": [ 19.894241, 20.109831, 20.198577, 20.281014 ] }, { "date": "2025-10-10", "close": 19.242849, "volume": 213484, "typical_volume": 181843.45, "trend": 20.346111, "fair_value": 18.773618, "relative_strength": -14.456729, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -78.361413, "energy": 76.415251, "activity_lines": [ 19.642652, 19.937801, 20.103348, 20.206315 ] }, { "date": "2025-10-17", "close": 18.635672, "volume": 211396, "typical_volume": 183185.15, "trend": 20.275478, "fair_value": 18.786625, "relative_strength": -18.319884, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -87.363879, "energy": 85.049529, "activity_lines": [ 19.269004, 19.668298, 19.955681, 20.095964 ] }, { "date": "2025-10-24", "close": 18.560942, "volume": 513047, "typical_volume": 200747.15, "trend": 20.204743, "fair_value": 18.798218, "relative_strength": -19.905357, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -81.908367, "energy": 85.319735, "activity_lines": [ 18.976314, 19.41133, 19.808478, 19.985349 ] }, { "date": "2025-10-31", "close": 17.617482, "volume": 536858, "typical_volume": 219802.35, "trend": 20.107639, "fair_value": 18.800118, "relative_strength": -24.159927, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -89.98638, "energy": 92.460342, "activity_lines": [ 18.448225, 19.019, 19.579622, 19.818429 ] }, { "date": "2025-11-07", "close": 17.458682, "volume": 627284, "typical_volume": 243627.4, "trend": 20.018085, "fair_value": 18.799882, "relative_strength": -23.30047, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -84.501079, "energy": 93.212861, "activity_lines": [ 17.997357, 18.653675, 19.348072, 19.647528 ] }, { "date": "2025-11-14", "close": 17.762741, "volume": 548606, "typical_volume": 261598.9, "trend": 19.92164, "fair_value": 18.80613, "relative_strength": -21.729541, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -70.678621, "energy": 86.659284, "activity_lines": [ 17.817229, 18.401378, 19.157926, 19.502022 ] }, { "date": "2025-11-21", "close": 17.436995, "volume": 388638, "typical_volume": 276183.75, "trend": 19.796414, "fair_value": 18.809622, "relative_strength": -21.282068, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -74.783299, "energy": 84.885425, "activity_lines": [ 17.627193, 18.138676, 18.948671, 19.341722 ] }, { "date": "2025-11-28", "close": 18.165133, "volume": 283877, "typical_volume": 282957.45, "trend": 19.706811, "fair_value": 18.815537, "relative_strength": -20.53101, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.646545, "energy": 59.431985, "activity_lines": [ 17.759781, 18.059029, 18.823532, 19.236478 ] }, { "date": "2025-12-05", "close": 18.356749, "volume": 280796, "typical_volume": 289658.4, "trend": 19.629568, "fair_value": 18.828315, "relative_strength": -19.581852, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -60.91343, "energy": 48.573442, "activity_lines": [ 17.982628, 18.042987, 18.727858, 19.149378 ] }, { "date": "2025-12-12", "close": 18.931595, "volume": 274461, "typical_volume": 294085.15, "trend": 19.567459, "fair_value": 18.84473, "relative_strength": -16.224204, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -43.997264, "energy": 30.281066, "activity_lines": [ 18.347807, 18.153519, 18.69606, 19.104347 ] }, { "date": "2025-12-19", "close": 18.299264, "volume": 346131, "typical_volume": 303336.6, "trend": 19.498295, "fair_value": 18.858476, "relative_strength": -18.761214, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -38.382398, "energy": 23.628177, "activity_lines": [ 18.404014, 18.168497, 18.609995, 19.022528 ] }, { "date": "2025-12-26", "close": 17.87771, "volume": 274075, "typical_volume": 308841.55, "trend": 19.419955, "fair_value": 18.860878, "relative_strength": -21.341666, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -45.516439, "energy": 24.512003, "activity_lines": [ 18.283935, 18.123985, 18.491659, 18.917974 ] }, { "date": "2026-01-02", "close": 18.155553, "volume": 335090, "typical_volume": 315160.0, "trend": 19.349048, "fair_value": 18.864822, "relative_strength": -18.909419, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -37.319046, "energy": 22.281984, "activity_lines": [ 18.227089, 18.143771, 18.410236, 18.8364 ] }, { "date": "2026-01-09", "close": 19.448956, "volume": 232389, "typical_volume": 320361.75, "trend": 19.323083, "fair_value": 18.869514, "relative_strength": -14.124804, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -15.557327, "energy": 9.584365, "activity_lines": [ 18.602016, 18.406092, 18.463399, 18.842846 ] }, { "date": "2026-01-16", "close": 19.975898, "volume": 248234, "typical_volume": 324202.75, "trend": 19.319865, "fair_value": 18.876246, "relative_strength": -11.148578, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": 9.644225, "energy": 16.139209, "activity_lines": [ 19.079777, 18.730921, 18.572661, 18.884963 ] }, { "date": "2026-01-23", "close": 20.205837, "volume": 133110, "typical_volume": 324394.15, "trend": 19.31791, "fair_value": 18.882352, "relative_strength": -9.45663, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "mixed", "direction": 33.430158, "energy": 35.932875, "activity_lines": [ 19.564564, 19.05179, 18.706958, 18.942122 ] }, { "date": "2026-01-30", "close": 20.560325, "volume": 241890, "typical_volume": 325749.95, "trend": 19.318627, "fair_value": 18.898752, "relative_strength": -7.886053, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 39.012323, "energy": 63.430611, "activity_lines": [ 20.040409, 19.392691, 18.876168, 19.022278 ] }, { "date": "2026-02-06", "close": 20.264663, "volume": 405709, "typical_volume": 336647.45, "trend": 19.310099, "fair_value": 18.910872, "relative_strength": -8.648845, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 29.112158, "energy": 61.65482, "activity_lines": [ 20.238859, 19.623047, 19.015618, 19.083312 ] }, { "date": "2026-02-13", "close": 20.891809, "volume": 250223, "typical_volume": 336185.65, "trend": 19.330705, "fair_value": 18.929689, "relative_strength": -4.345014, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 49.15625, "energy": 69.648071, "activity_lines": [ 20.50575, 19.929257, 19.212331, 19.185358 ] }, { "date": "2026-02-20", "close": 20.784018, "volume": 177436, "typical_volume": 326136.7, "trend": 19.350766, "fair_value": 18.948641, "relative_strength": -5.532576, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 42.913918, "energy": 64.820454, "activity_lines": [ 20.64052, 20.169777, 19.392484, 19.27912 ] }, { "date": "2026-02-27", "close": 21.57775, "volume": 352975, "typical_volume": 333111.25, "trend": 19.404906, "fair_value": 18.976768, "relative_strength": -1.125305, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 80.567571, "energy": 75.022313, "activity_lines": [ 20.985993, 20.520931, 19.644494, 19.422797 ] }, { "date": "2026-03-06", "close": 21.656143, "volume": 209458, "typical_volume": 333014.35, "trend": 19.457696, "fair_value": 19.009047, "relative_strength": 1.605188, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 76.006687, "energy": 75.70633, "activity_lines": [ 21.266137, 20.826729, 19.892851, 19.568038 ] }, { "date": "2026-03-13", "close": 21.999114, "volume": 175285, "typical_volume": 316126.25, "trend": 19.50598, "fair_value": 19.045129, "relative_strength": 5.061974, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 76.777074, "energy": 78.365757, "activity_lines": [ 21.587549, 21.126187, 20.15949, 19.732 ] }, { "date": "2026-03-20", "close": 21.773733, "volume": 135905, "typical_volume": 296078.6, "trend": 19.542079, "fair_value": 19.07782, "relative_strength": 6.126956, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 68.363293, "energy": 72.997785, "activity_lines": [ 21.718205, 21.314784, 20.388291, 19.878307 ] }, { "date": "2026-03-27", "close": 21.273976, "volume": 166622, "typical_volume": 273045.5, "trend": 19.563389, "fair_value": 19.107114, "relative_strength": 6.323916, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.052877, "energy": 54.497933, "activity_lines": [ 21.623479, 21.370247, 20.549704, 19.990042 ] }, { "date": "2026-04-03", "close": 21.685541, "volume": 125135, "typical_volume": 251871.95, "trend": 19.604645, "fair_value": 19.141478, "relative_strength": 5.303646, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 63.958524, "energy": 51.225518, "activity_lines": [ 21.633279, 21.476938, 20.732147, 20.126955 ] }, { "date": "2026-04-10", "close": 22.204896, "volume": 149387, "typical_volume": 239909.4, "trend": 19.670686, "fair_value": 19.176057, "relative_strength": 4.426288, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 71.923302, "energy": 53.564422, "activity_lines": [ 21.80901, 21.651155, 20.945371, 20.294713 ] }, { "date": "2026-04-17", "close": 21.940319, "volume": 94534, "typical_volume": 230442.25, "trend": 19.743787, "fair_value": 19.205633, "relative_strength": -0.739336, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 63.731773, "energy": 49.284158, "activity_lines": [ 21.859966, 21.747365, 21.110694, 20.441141 ] }, { "date": "2026-04-24", "close": 22.106905, "volume": 93501, "typical_volume": 221077.5, "trend": 19.828358, "fair_value": 19.238174, "relative_strength": -0.025959, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.777809, "energy": 51.308898, "activity_lines": [ 21.97037, 21.843396, 21.273904, 20.593601 ] }, { "date": "2026-05-01", "close": 22.528268, "volume": 115980, "typical_volume": 213153.45, "trend": 19.912651, "fair_value": 19.276967, "relative_strength": 1.305522, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 71.05188, "energy": 55.416043, "activity_lines": [ 22.199017, 21.993947, 21.459387, 20.767788 ] }, { "date": "2026-05-08", "close": 22.812444, "volume": 240840, "typical_volume": 207888.9, "trend": 20.031637, "fair_value": 19.317317, "relative_strength": 0.607492, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 74.006756, "energy": 58.367503, "activity_lines": [ 22.438769, 22.164452, 21.654807, 20.954872 ] }, { "date": "2026-05-15", "close": 22.65, "volume": 162375, "typical_volume": 202303.9, "trend": 20.165448, "fair_value": 19.355035, "relative_strength": -0.020958, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.366593, "energy": 57.068038, "activity_lines": [ 22.549247, 22.282973, 21.813265, 21.123798 ] }, { "date": "2026-05-22", "close": 22.5, "volume": 116915, "typical_volume": 191395.15, "trend": 20.29675, "fair_value": 19.393383, "relative_strength": -1.209502, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.506591, "energy": 51.2995, "activity_lines": [ 22.580052, 22.356152, 21.934712, 21.274415 ] }, { "date": "2026-05-29", "close": 22.93, "volume": 131204, "typical_volume": 186335.9, "trend": 20.473834, "fair_value": 19.430757, "relative_strength": -0.48837, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.143486, "energy": 52.972717, "activity_lines": [ 22.716877, 22.498405, 22.076423, 21.444302 ] }, { "date": "2026-06-05", "close": 23.14, "volume": 146918, "typical_volume": 181270.1, "trend": 20.663211, "fair_value": 19.469279, "relative_strength": 3.187246, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 69.999017, "energy": 53.641814, "activity_lines": [ 22.86883, 22.657817, 22.221558, 21.616312 ] }, { "date": "2026-06-12", "close": 23.33, "volume": 103948, "typical_volume": 179812.0, "trend": 20.848786, "fair_value": 19.510212, "relative_strength": 3.630175, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 71.588379, "energy": 55.967618, "activity_lines": [ 23.043333, 22.817846, 22.369721, 21.788363 ] }, { "date": "2026-06-19", "close": 22.6, "volume": 95696, "typical_volume": 172502.3, "trend": 21.020887, "fair_value": 19.54746, "relative_strength": -0.292016, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 60.207545, "energy": 48.007247, "activity_lines": [ 22.94, 22.815249, 22.433484, 21.901345 ] }, { "date": "2026-06-26", "close": 22.66, "volume": 92421, "typical_volume": 156837.9, "trend": 21.170716, "fair_value": 19.584844, "relative_strength": 2.552144, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 56.364883, "energy": 41.627384, "activity_lines": [ 22.86, 22.816378, 22.493248, 22.007094 ] }, { "date": "2026-07-03", "close": 22.36, "volume": 81785, "typical_volume": 148416.0, "trend": 21.304157, "fair_value": 19.616724, "relative_strength": -0.750418, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 42.303822, "energy": 28.581088, "activity_lines": [ 22.669333, 22.749876, 22.513034, 22.083822 ] }, { "date": "2026-07-10", "close": 21.96, "volume": 157494, "typical_volume": 147418.9, "trend": 21.405104, "fair_value": 19.645742, "relative_strength": -3.582693, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 25.470689, "energy": 18.498453, "activity_lines": [ 22.383333, 22.606044, 22.487733, 22.126135 ] }, { "date": "2026-07-17", "close": 22.01, "volume": 204578, "typical_volume": 139999.05, "trend": 21.528795, "fair_value": 19.675329, "relative_strength": -1.656027, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 17.839837, "energy": 17.294424, "activity_lines": [ 22.192667, 22.481636, 22.461595, 22.16516 ] }, { "date": "2026-07-24", "close": 22.05, "volume": 115786, "typical_volume": 135315.45, "trend": 21.667872, "fair_value": 19.702089, "relative_strength": -0.757297, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 5.746194, "energy": 15.771101, "activity_lines": [ 22.103333, 22.379091, 22.437207, 22.198786 ] }, { "date": "2026-07-31", "close": 21.64, "volume": 173913, "typical_volume": 135246.85, "trend": 21.78402, "fair_value": 19.726668, "relative_strength": -3.443743, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -6.552577, "energy": 19.580815, "activity_lines": [ 21.914, 22.212909, 22.371897, 22.196988 ] }, { "date": "2026-08-07", "close": 21.66, "volume": 322610, "typical_volume": 144582.1, "trend": 21.857721, "fair_value": 19.752027, "relative_strength": -6.402528, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -23.497566, "energy": 27.706802, "activity_lines": [ 21.799333, 22.066, 22.310201, 22.188987 ] } ], "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." } } }