{ "ticker": { "uuid": "fc0aac96-6655-4bba-92aa-085d13928d9b", "symbol": "FTXR", "name": "FIRST TRUST NASDAQ TRANSPORTATION ETF", "exchange": "NASDAQ", "country": "US", "assetType": "etf" }, "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.", "analysis": { "eligible": true, "as_of": "2026-08-07", "benchmark": "QQQ", "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": 47.696, "architecture_energy": 34.995, "architecture_maturity": 65.151, "architecture_confidence": 56.225, "architecture_tenure": "Established", "architecture": { "interpretation": { "headline": "The weekly architecture is expanding upward.", "body": "Trend and Activity show sustained positive alignment with constructive price acceptance. Directional energy remains positive; cooling within this regime can indicate that it is maturing." }, "scores": { "balance": 30.91, "rotation_up": 40.48, "upward_expansion": 66.24, "deceleration": 63.87, "rotation_down": 25.95, "downward_expansion": 16.24 }, "activity_lines": [ 44.90244, 44.94919, 44.113377, 43.087367 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.5 }, "latest_close": 45.08, "trend_reference": 42.058282, "distance_from_trend": 0.071846, "trend_direction": "Improving", "fair_value": 33.23841, "distance_from_fair_value": 0.356262, "fair_value_direction": "Improving", "relative_strength": 0.076789, "relative_strength_direction": "Improving", "price_momentum": 0.048722, "excess_performance": -0.138731, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.071846, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.059101, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.356262, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.046398, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.000768, "read": "Leading" }, { "label": "Relative strength direction", "positive": true, "value": 0.044082, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.048722, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 6.018886, "read": "Demand-led" } ], "volume": { "latest": 250699, "relative_activity": 0.319161, "balance": 6.018886, "dry_up": 1.624907, "accumulation_observations": 2, "distribution_observations": 0 }, "risk": { "range_context": 0.039234, "annualized_volatility": 0.201683, "from_high_reference": -0.020881, "from_low_reference": 0.393019 }, "levels": { "trend_reference": 42.058282, "fair_value_reference": 33.23841, "structural_low": 36.737063, "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 26, "median_return": 0.02278, "positive_rate": 0.692308, "directional_follow_through": 0.692308, "median_excess_return": 0.013058, "regime_survival": 0.692308, "best_return": 0.117533, "worst_return": -0.117453, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 9, "median_return": 0.038318, "positive_rate": 0.555556, "directional_follow_through": 0.555556, "median_excess_return": -0.007812, "regime_survival": 0.444444, "best_return": 0.20497, "worst_return": -0.136746, "sufficient": true }, { "horizon": "Extended", "sample_count": 6, "median_return": 0.02979, "positive_rate": 0.666667, "directional_follow_through": 0.666667, "median_excess_return": -0.046368, "regime_survival": 0.5, "best_return": 0.262807, "worst_return": -0.224834, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 3, "median_return": 0.090355, "positive_rate": 0.666667, "directional_follow_through": 0.666667, "median_excess_return": -0.121236, "regime_survival": 0.333333, "best_return": 0.125263, "worst_return": -0.223442, "sufficient": false } ], "ledger": [ { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2023-12-22", "end": "2024-02-09", "tenure": "Developing", "return": 0.007659, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-02-16", "end": "2024-04-19", "tenure": "Developing", "return": -0.003664, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-04-26", "end": "2024-07-19", "tenure": "Established", "return": 0.045652, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-07-26", "end": "2024-08-02", "tenure": "New", "return": -0.052804, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-08-09", "end": "2024-09-27", "tenure": "Developing", "return": 0.111542, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-10-04", "end": "2025-01-03", "tenure": "Established", "return": 0.096872, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-01-10", "end": "2025-03-07", "tenure": "Developing", "return": -0.080751, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-03-14", "end": "2025-04-04", "tenure": "New", "return": -0.101852, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-04-11", "end": "2025-06-06", "tenure": "Developing", "return": 0.134806, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-06-13", "end": "2025-07-04", "tenure": "New", "return": 0.074582, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-07-11", "end": "2025-08-08", "tenure": "Developing", "return": -0.015752, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-08-15", "end": "2026-03-13", "tenure": "Extended", "return": 0.106138, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-03-20", "end": "2026-05-01", "tenure": "Developing", "return": 0.111622, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-05-08", "end": "2026-08-07", "tenure": "Established", "return": 0.080706, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 27.42469, "volume": 28218, "typical_volume": 63327.9, "trend": 26.70148, "fair_value": 27.31235, "relative_strength": -8.567502, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 49.328114, "energy": 42.881588, "activity_lines": [ 28.444281, 28.612203, 27.721963, 27.147764 ] }, { "date": "2023-08-25", "close": 27.510601, "volume": 17739, "typical_volume": 63608.15, "trend": 26.728731, "fair_value": 27.345555, "relative_strength": -9.517263, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 39.220223, "energy": 29.013722, "activity_lines": [ 28.02326, 28.435193, 27.781516, 27.199966 ] }, { "date": "2023-09-01", "close": 28.006975, "volume": 15862, "typical_volume": 62348.25, "trend": 26.734391, "fair_value": 27.383904, "relative_strength": -10.916227, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 33.401004, "energy": 31.509391, "activity_lines": [ 27.883518, 28.350263, 27.875234, 27.282433 ] }, { "date": "2023-09-08", "close": 27.252868, "volume": 13755, "typical_volume": 60995.6, "trend": 26.745014, "fair_value": 27.419243, "relative_strength": -11.86275, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 22.768398, "energy": 29.734063, "activity_lines": [ 27.60733, 28.110825, 27.884468, 27.315883 ] }, { "date": "2023-09-15", "close": 27.577421, "volume": 376875, "typical_volume": 78459.15, "trend": 26.752429, "fair_value": 27.453958, "relative_strength": -10.155548, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 23.268362, "energy": 25.100684, "activity_lines": [ 27.557693, 27.951571, 27.915947, 27.369587 ] }, { "date": "2023-09-22", "close": 26.834482, "volume": 42665, "typical_volume": 79214.85, "trend": 26.767957, "fair_value": 27.489377, "relative_strength": -9.39326, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -6.589351, "energy": 19.420513, "activity_lines": [ 27.317683, 27.678931, 27.864088, 27.374881 ] }, { "date": "2023-09-29", "close": 26.901472, "volume": 33841, "typical_volume": 73285.15, "trend": 26.747886, "fair_value": 27.522286, "relative_strength": -9.097289, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -7.620515, "energy": 25.467851, "activity_lines": [ 27.139351, 27.460096, 27.810305, 27.383495 ] }, { "date": "2023-10-06", "close": 26.480102, "volume": 32154, "typical_volume": 65579.4, "trend": 26.771044, "fair_value": 27.546378, "relative_strength": -11.851075, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": -16.304345, "energy": 38.488356, "activity_lines": [ 26.86117, 27.20731, 27.70598, 27.366218 ] }, { "date": "2023-10-13", "close": 26.023514, "volume": 20725, "typical_volume": 64717.05, "trend": 26.820903, "fair_value": 27.567778, "relative_strength": -13.187142, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -41.998453, "energy": 62.166464, "activity_lines": [ 26.532585, 26.930612, 27.552035, 27.31799 ] }, { "date": "2023-10-20", "close": 25.25542, "volume": 11304, "typical_volume": 64360.8, "trend": 26.847, "fair_value": 27.581198, "relative_strength": -12.955459, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -48.121991, "energy": 69.705508, "activity_lines": [ 26.029926, 26.568895, 27.320542, 27.216992 ] }, { "date": "2023-10-27", "close": 23.695211, "volume": 19191, "typical_volume": 63615.3, "trend": 26.774801, "fair_value": 27.595259, "relative_strength": -15.7649, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "mixed", "direction": -67.604127, "energy": 84.611248, "activity_lines": [ 25.161997, 25.981342, 26.942979, 27.01365 ] }, { "date": "2023-11-03", "close": 25.169576, "volume": 37171, "typical_volume": 64573.05, "trend": 26.788525, "fair_value": 27.612067, "relative_strength": -15.509838, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -40.100494, "energy": 73.943912, "activity_lines": [ 24.994808, 25.729663, 26.719226, 26.910087 ] }, { "date": "2023-11-10", "close": 24.786486, "volume": 35558, "typical_volume": 65143.75, "trend": 26.769822, "fair_value": 27.619893, "relative_strength": -18.645147, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -40.913663, "energy": 74.059401, "activity_lines": [ 24.815381, 25.450897, 26.470616, 26.780924 ] }, { "date": "2023-11-17", "close": 26.040166, "volume": 22819, "typical_volume": 61971.05, "trend": 26.790056, "fair_value": 27.630758, "relative_strength": -15.760407, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -63.889609, "energy": 60.397958, "activity_lines": [ 25.166756, 25.458626, 26.352182, 26.733849 ] }, { "date": "2023-11-24", "close": 26.317698, "volume": 9589, "typical_volume": 61588.6, "trend": 26.836144, "fair_value": 27.636286, "relative_strength": -15.142675, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -46.440185, "energy": 34.542176, "activity_lines": [ 25.609532, 25.538865, 26.271501, 26.703374 ] }, { "date": "2023-12-01", "close": 27.245995, "volume": 23945, "typical_volume": 42047.5, "trend": 26.907985, "fair_value": 27.644682, "relative_strength": -11.829898, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -21.17946, "energy": 21.296778, "activity_lines": [ 26.290921, 25.810789, 26.290909, 26.729816 ] }, { "date": "2023-12-08", "close": 27.446966, "volume": 83489, "typical_volume": 44888.35, "trend": 26.999045, "fair_value": 27.657155, "relative_strength": -11.275087, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -4.892143, "energy": 24.286984, "activity_lines": [ 26.802581, 26.111771, 26.3384, 26.764589 ] }, { "date": "2023-12-15", "close": 28.993873, "volume": 43839, "typical_volume": 45792.9, "trend": 27.125788, "fair_value": 27.678133, "relative_strength": -8.906934, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "mixed", "direction": 42.121694, "energy": 44.388009, "activity_lines": [ 27.678052, 26.684091, 26.541791, 26.893288 ] }, { "date": "2023-12-22", "close": 29.055217, "volume": 43214, "typical_volume": 46470.95, "trend": 27.25762, "fair_value": 27.699651, "relative_strength": -9.120266, "stage": 3, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 42.341142, "energy": 57.66976, "activity_lines": [ 28.293478, 27.221859, 26.754533, 27.017767 ] }, { "date": "2023-12-29", "close": 28.834228, "volume": 12826, "typical_volume": 46238.95, "trend": 27.359258, "fair_value": 27.719255, "relative_strength": -9.671389, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 34.28953, "energy": 66.403616, "activity_lines": [ 28.634237, 27.664326, 26.946102, 27.119484 ] }, { "date": "2024-01-05", "close": 28.248416, "volume": 4367, "typical_volume": 45046.4, "trend": 27.417274, "fair_value": 27.726432, "relative_strength": -8.16002, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 29.637924, "energy": 63.62636, "activity_lines": [ 28.611957, 27.935212, 27.079984, 27.176849 ] }, { "date": "2024-01-12", "close": 27.815758, "volume": 96099, "typical_volume": 48964.4, "trend": 27.424091, "fair_value": 27.729692, "relative_strength": -11.838875, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 25.662274, "energy": 41.062857, "activity_lines": [ 28.37863, 28.044648, 27.168739, 27.202557 ] }, { "date": "2024-01-19", "close": 27.866393, "volume": 13738, "typical_volume": 48858.2, "trend": 27.451301, "fair_value": 27.728885, "relative_strength": -13.564189, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 29.63595, "energy": 29.204487, "activity_lines": [ 28.137595, 28.115177, 27.260863, 27.231093 ] }, { "date": "2024-01-26", "close": 28.45528, "volume": 17824, "typical_volume": 49061.65, "trend": 27.452563, "fair_value": 27.743748, "relative_strength": -11.762575, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 24.449694, "energy": 23.84589, "activity_lines": [ 28.16802, 28.236779, 27.40974, 27.295866 ] }, { "date": "2024-02-02", "close": 28.815012, "volume": 15777, "typical_volume": 31006.75, "trend": 27.454042, "fair_value": 27.750023, "relative_strength": -11.182893, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 31.791032, "energy": 29.335074, "activity_lines": [ 28.358353, 28.379875, 27.587153, 27.383766 ] }, { "date": "2024-02-09", "close": 29.277743, "volume": 21445, "typical_volume": 29945.75, "trend": 27.459173, "fair_value": 27.756908, "relative_strength": -10.884152, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 74.070385, "energy": 61.918668, "activity_lines": [ 28.70421, 28.561699, 27.802741, 27.501424 ] }, { "date": "2024-02-16", "close": 29.170515, "volume": 12697, "typical_volume": 28888.55, "trend": 27.456593, "fair_value": 27.76293, "relative_strength": -9.324261, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 69.616871, "energy": 75.292616, "activity_lines": [ 28.945702, 28.687085, 27.996483, 27.611833 ] }, { "date": "2024-02-23", "close": 29.671679, "volume": 12581, "typical_volume": 27909.9, "trend": 27.454622, "fair_value": 27.774755, "relative_strength": -8.535337, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 76.168217, "energy": 80.366429, "activity_lines": [ 29.263933, 28.872255, 28.22715, 27.754742 ] }, { "date": "2024-03-01", "close": 29.967996, "volume": 64120, "typical_volume": 30079.65, "trend": 27.485943, "fair_value": 27.784828, "relative_strength": -8.858748, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 79.569749, "energy": 87.062395, "activity_lines": [ 29.560583, 29.098978, 28.470839, 27.916895 ] }, { "date": "2024-03-08", "close": 29.497194, "volume": 33177, "typical_volume": 31173.3, "trend": 27.521298, "fair_value": 27.78093, "relative_strength": -8.399938, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.453584, "energy": 76.490105, "activity_lines": [ 29.599451, 29.223503, 28.650907, 28.046653 ] }, { "date": "2024-03-15", "close": 29.317617, "volume": 16629, "typical_volume": 31045.2, "trend": 27.584396, "fair_value": 27.778177, "relative_strength": -7.564894, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 63.968704, "energy": 69.980162, "activity_lines": [ 29.532981, 29.303325, 28.793673, 28.162545 ] }, { "date": "2024-03-22", "close": 30.63753, "volume": 19034, "typical_volume": 30138.35, "trend": 27.688627, "fair_value": 27.78365, "relative_strength": -5.960544, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 83.638058, "energy": 76.670918, "activity_lines": [ 29.903825, 29.603691, 29.035372, 28.359521 ] }, { "date": "2024-03-29", "close": 31.059695, "volume": 13051, "typical_volume": 29013.0, "trend": 27.790384, "fair_value": 27.787883, "relative_strength": -3.873046, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 83.868229, "energy": 73.72883, "activity_lines": [ 30.317589, 29.929509, 29.29124, 28.577009 ] }, { "date": "2024-04-05", "close": 30.355766, "volume": 14445, "typical_volume": 28594.3, "trend": 27.893814, "fair_value": 27.785072, "relative_strength": -5.05963, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 63.271929, "energy": 66.879503, "activity_lines": [ 30.404175, 30.06928, 29.450194, 28.742518 ] }, { "date": "2024-04-12", "close": 29.49755, "volume": 12915, "typical_volume": 28760.6, "trend": 27.957818, "fair_value": 27.778765, "relative_strength": -6.965376, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 60.46001, "energy": 54.750329, "activity_lines": [ 30.178838, 30.018457, 29.506862, 28.845985 ] }, { "date": "2024-04-19", "close": 29.06362, "volume": 25957, "typical_volume": 28861.2, "trend": 28.032123, "fair_value": 27.767874, "relative_strength": -2.834084, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 44.979746, "energy": 35.88956, "activity_lines": [ 29.808835, 29.876328, 29.507062, 28.917327 ] }, { "date": "2024-04-26", "close": 29.863979, "volume": 19700, "typical_volume": 25671.75, "trend": 28.130873, "fair_value": 27.763443, "relative_strength": -3.726913, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 38.85316, "energy": 23.010698, "activity_lines": [ 29.72255, 29.883612, 29.574832, 29.035511 ] }, { "date": "2024-05-03", "close": 29.777193, "volume": 12286, "typical_volume": 24094.1, "trend": 28.240776, "fair_value": 27.752628, "relative_strength": -4.743592, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 33.725912, "energy": 21.998722, "activity_lines": [ 29.658907, 29.862509, 29.622826, 29.141725 ] }, { "date": "2024-05-10", "close": 30.20148, "volume": 11200, "typical_volume": 22493.4, "trend": 28.380042, "fair_value": 27.747236, "relative_strength": -4.614169, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 44.039344, "energy": 23.458656, "activity_lines": [ 29.822193, 29.91663, 29.707498, 29.268222 ] }, { "date": "2024-05-17", "close": 30.288265, "volume": 15207, "typical_volume": 22612.45, "trend": 28.547803, "fair_value": 27.743285, "relative_strength": -6.184593, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 58.552881, "energy": 36.571021, "activity_lines": [ 30.024693, 29.982285, 29.794978, 29.391333 ] }, { "date": "2024-05-24", "close": 29.469778, "volume": 13916, "typical_volume": 23089.9, "trend": 28.740289, "fair_value": 27.7292, "relative_strength": -9.755124, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 47.571442, "energy": 28.519219, "activity_lines": [ 29.90165, 29.884741, 29.797582, 29.450816 ] }, { "date": "2024-05-31", "close": 29.420407, "volume": 17124, "typical_volume": 19141.15, "trend": 28.881983, "fair_value": 27.711618, "relative_strength": -8.263278, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 21.670651, "energy": 14.857644, "activity_lines": [ 29.735073, 29.775454, 29.789668, 29.494694 ] }, { "date": "2024-06-07", "close": 29.204117, "volume": 55481, "typical_volume": 21228.3, "trend": 29.029238, "fair_value": 27.695005, "relative_strength": -11.054125, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 7.514889, "energy": 7.362738, "activity_lines": [ 29.52597, 29.648971, 29.753514, 29.515477 ] }, { "date": "2024-06-14", "close": 28.588998, "volume": 13171, "typical_volume": 20995.65, "trend": 29.114199, "fair_value": 27.68326, "relative_strength": -15.512792, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -7.765834, "energy": 18.883494, "activity_lines": [ 29.150033, 29.444386, 29.652407, 29.487075 ] }, { "date": "2024-06-21", "close": 29.137292, "volume": 6567, "typical_volume": 20535.15, "trend": 29.208185, "fair_value": 27.668176, "relative_strength": -13.733399, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -15.109048, "energy": 27.720848, "activity_lines": [ 29.06436, 29.371614, 29.602882, 29.488564 ] }, { "date": "2024-06-28", "close": 29.699961, "volume": 15188, "typical_volume": 20222.3, "trend": 29.289984, "fair_value": 27.659238, "relative_strength": -11.63949, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -9.068903, "energy": 19.902679, "activity_lines": [ 29.242974, 29.407695, 29.605409, 29.520292 ] }, { "date": "2024-07-05", "close": 30.08197, "volume": 12011, "typical_volume": 20188.0, "trend": 29.377817, "fair_value": 27.656762, "relative_strength": -13.138688, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 35.07818, "energy": 15.583631, "activity_lines": [ 29.533579, 29.501663, 29.642308, 29.571388 ] }, { "date": "2024-07-12", "close": 30.850822, "volume": 24125, "typical_volume": 20765.2, "trend": 29.439716, "fair_value": 27.667419, "relative_strength": -10.306426, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 58.29063, "energy": 36.819656, "activity_lines": [ 30.036364, 29.731459, 29.748091, 29.66642 ] }, { "date": "2024-07-19", "close": 31.227318, "volume": 14806, "typical_volume": 18299.5, "trend": 29.512119, "fair_value": 27.675944, "relative_strength": -5.138236, "stage": 3, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 74.631993, "energy": 64.098964, "activity_lines": [ 30.554867, 30.010188, 29.884115, 29.78175 ] }, { "date": "2024-07-26", "close": 29.878973, "volume": 11909, "typical_volume": 17236.1, "trend": 29.546944, "fair_value": 27.676475, "relative_strength": -6.477459, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 56.447515, "energy": 53.535597, "activity_lines": [ 30.448034, 30.025111, 29.885729, 29.805418 ] }, { "date": "2024-08-02", "close": 28.301229, "volume": 11206, "typical_volume": 16964.95, "trend": 29.548704, "fair_value": 27.668782, "relative_strength": -8.212431, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 18.579495, "energy": 12.444422, "activity_lines": [ 29.76584, 29.760614, 29.735264, 29.725049 ] }, { "date": "2024-08-09", "close": 28.171927, "volume": 32267, "typical_volume": 17626.6, "trend": 29.560577, "fair_value": 27.657957, "relative_strength": -8.568476, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -35.994125, "energy": 27.205809, "activity_lines": [ 29.133795, 29.493854, 29.577324, 29.636224 ] }, { "date": "2024-08-16", "close": 29.081397, "volume": 12140, "typical_volume": 17581.05, "trend": 29.601077, "fair_value": 27.659574, "relative_strength": -10.107092, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -22.691772, "energy": 29.404029, "activity_lines": [ 28.932243, 29.415151, 29.517741, 29.60531 ] }, { "date": "2024-08-23", "close": 30.154503, "volume": 26783, "typical_volume": 18197.95, "trend": 29.657718, "fair_value": 27.66252, "relative_strength": -7.408089, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -35.497308, "energy": 29.478789, "activity_lines": [ 29.206354, 29.53379, 29.569779, 29.641015 ] }, { "date": "2024-08-30", "close": 30.376938, "volume": 13887, "typical_volume": 18246.55, "trend": 29.709782, "fair_value": 27.668079, "relative_strength": -5.703154, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -14.480374, "energy": 8.701531, "activity_lines": [ 29.626132, 29.664408, 29.64396, 29.687416 ] }, { "date": "2024-09-06", "close": 29.197064, "volume": 24109, "typical_volume": 18154.15, "trend": 29.707092, "fair_value": 27.670673, "relative_strength": -3.559417, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -34.62573, "energy": 16.790716, "activity_lines": [ 29.61942, 29.557965, 29.601584, 29.654337 ] }, { "date": "2024-09-13", "close": 29.912725, "volume": 22722, "typical_volume": 18305.25, "trend": 29.731833, "fair_value": 27.678267, "relative_strength": -6.416144, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -0.520651, "energy": 9.690808, "activity_lines": [ 29.79154, 29.590785, 29.626731, 29.667604 ] }, { "date": "2024-09-20", "close": 30.444636, "volume": 32281, "typical_volume": 19305.0, "trend": 29.757598, "fair_value": 27.685891, "relative_strength": -5.823099, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 18.53992, "energy": 16.447543, "activity_lines": [ 30.02491, 29.723393, 29.702305, 29.713591 ] }, { "date": "2024-09-27", "close": 31.314269, "volume": 13503, "typical_volume": 19420.15, "trend": 29.802474, "fair_value": 27.701989, "relative_strength": -3.814448, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 66.948947, "energy": 52.718291, "activity_lines": [ 30.457275, 30.021502, 29.857522, 29.814022 ] }, { "date": "2024-10-04", "close": 30.751383, "volume": 27527, "typical_volume": 20036.15, "trend": 29.84428, "fair_value": 27.711875, "relative_strength": -5.381801, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 56.562142, "energy": 53.750901, "activity_lines": [ 30.624694, 30.215687, 29.953831, 29.875242 ] }, { "date": "2024-10-11", "close": 31.071811, "volume": 23677, "typical_volume": 20524.2, "trend": 29.902753, "fair_value": 27.718607, "relative_strength": -5.327448, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 60.637957, "energy": 59.448719, "activity_lines": [ 30.873959, 30.452269, 30.078453, 29.954437 ] }, { "date": "2024-10-18", "close": 31.906866, "volume": 18222, "typical_volume": 20579.1, "trend": 29.945064, "fair_value": 27.726136, "relative_strength": -2.799538, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 74.429888, "energy": 70.172042, "activity_lines": [ 31.276593, 30.790306, 30.274975, 30.083735 ] }, { "date": "2024-10-25", "close": 32.091355, "volume": 35222, "typical_volume": 19566.15, "trend": 29.979453, "fair_value": 27.730527, "relative_strength": -2.283539, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 73.935024, "energy": 72.486629, "activity_lines": [ 31.60778, 31.093978, 30.477227, 30.222205 ] }, { "date": "2024-11-01", "close": 31.852879, "volume": 8858, "typical_volume": 19350.5, "trend": 30.029357, "fair_value": 27.726525, "relative_strength": -1.337562, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.70593, "energy": 73.590005, "activity_lines": [ 31.749695, 31.299564, 30.643018, 30.343071 ] }, { "date": "2024-11-08", "close": 34.608172, "volume": 32283, "typical_volume": 20636.3, "trend": 30.199711, "fair_value": 27.737522, "relative_strength": 1.587748, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 93.185662, "energy": 90.168367, "activity_lines": [ 32.774132, 31.975233, 31.055676, 30.638479 ] }, { "date": "2024-11-15", "close": 34.529036, "volume": 12782, "typical_volume": 20516.0, "trend": 30.381891, "fair_value": 27.750675, "relative_strength": 4.892411, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 86.923351, "energy": 93.051796, "activity_lines": [ 33.515072, 32.559582, 31.434745, 30.91779 ] }, { "date": "2024-11-22", "close": 35.505759, "volume": 19868, "typical_volume": 20908.85, "trend": 30.569951, "fair_value": 27.776303, "relative_strength": 5.826729, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 89.179066, "energy": 95.0262, "activity_lines": [ 34.351105, 33.224572, 31.883839, 31.248362 ] }, { "date": "2024-11-29", "close": 35.596644, "volume": 9957, "typical_volume": 20200.45, "trend": 30.763932, "fair_value": 27.806655, "relative_strength": 5.291264, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 81.713855, "energy": 92.982871, "activity_lines": [ 34.977506, 33.804395, 32.315762, 31.572665 ] }, { "date": "2024-12-06", "close": 35.261457, "volume": 26117, "typical_volume": 20766.0, "trend": 30.932598, "fair_value": 27.82687, "relative_strength": 1.085804, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 69.554368, "energy": 88.217863, "activity_lines": [ 35.258492, 34.229603, 32.693164, 31.862828 ] }, { "date": "2024-12-13", "close": 35.136004, "volume": 19122, "typical_volume": 21126.65, "trend": 31.09419, "fair_value": 27.855099, "relative_strength": 0.125536, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.928897, "energy": 84.700387, "activity_lines": [ 35.270422, 34.560233, 33.039407, 32.134015 ] }, { "date": "2024-12-20", "close": 33.951245, "volume": 27733, "typical_volume": 21953.0, "trend": 31.243572, "fair_value": 27.869974, "relative_strength": -0.862531, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.941576, "energy": 63.375693, "activity_lines": [ 34.852244, 34.595732, 33.247782, 32.318341 ] }, { "date": "2024-12-27", "close": 34.390609, "volume": 19388, "typical_volume": 21309.05, "trend": 31.409245, "fair_value": 27.885531, "relative_strength": -0.342565, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 51.711627, "energy": 50.270589, "activity_lines": [ 34.61904, 34.658763, 33.471097, 32.521376 ] }, { "date": "2025-01-03", "close": 33.730336, "volume": 21007, "typical_volume": 21752.4, "trend": 31.560119, "fair_value": 27.89223, "relative_strength": -1.316711, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 45.393513, "energy": 37.259479, "activity_lines": [ 34.240088, 34.556585, 33.601916, 32.671124 ] }, { "date": "2025-01-10", "close": 33.654736, "volume": 26780, "typical_volume": 21752.25, "trend": 31.728977, "fair_value": 27.901054, "relative_strength": 0.730988, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 38.899681, "energy": 26.799965, "activity_lines": [ 33.960356, 34.410861, 33.703397, 32.80626 ] }, { "date": "2025-01-17", "close": 35.129426, "volume": 16879, "typical_volume": 21901.85, "trend": 31.928715, "fair_value": 27.935402, "relative_strength": 2.189455, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 52.888541, "energy": 33.709104, "activity_lines": [ 34.279303, 34.500503, 33.928657, 33.025644 ] }, { "date": "2025-01-24", "close": 35.334724, "volume": 30909, "typical_volume": 22241.85, "trend": 32.11654, "fair_value": 27.975277, "relative_strength": 1.279773, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 66.551137, "energy": 42.615987, "activity_lines": [ 34.667121, 34.617993, 34.150838, 33.245387 ] }, { "date": "2025-01-31", "close": 34.599245, "volume": 63774, "typical_volume": 24294.45, "trend": 32.267116, "fair_value": 28.009488, "relative_strength": 0.604126, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 53.963734, "energy": 39.839758, "activity_lines": [ 34.717547, 34.587112, 34.273747, 33.405561 ] }, { "date": "2025-02-07", "close": 33.5487, "volume": 38020, "typical_volume": 24581.4, "trend": 32.357046, "fair_value": 28.03738, "relative_strength": -2.476066, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 51.794587, "energy": 36.914454, "activity_lines": [ 34.403883, 34.381704, 34.274287, 33.488244 ] }, { "date": "2025-02-14", "close": 33.695973, "volume": 13728, "typical_volume": 24592.65, "trend": 32.439334, "fair_value": 28.064319, "relative_strength": -4.665786, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 26.936603, "energy": 18.951585, "activity_lines": [ 34.151418, 34.240308, 34.274072, 33.574626 ] }, { "date": "2025-02-21", "close": 32.35265, "volume": 6971, "typical_volume": 23564.85, "trend": 32.52179, "fair_value": 28.083239, "relative_strength": -6.178453, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -9.538154, "energy": 20.000015, "activity_lines": [ 33.44843, 33.883136, 34.13458, 33.569034 ] }, { "date": "2025-02-28", "close": 32.03621, "volume": 27891, "typical_volume": 23775.55, "trend": 32.646289, "fair_value": 28.104876, "relative_strength": -3.691601, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -16.506173, "energy": 33.058648, "activity_lines": [ 32.825081, 33.519035, 33.957325, 33.537706 ] }, { "date": "2025-03-07", "close": 30.937066, "volume": 22580, "typical_volume": 23993.45, "trend": 32.738461, "fair_value": 28.125515, "relative_strength": -3.765896, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -44.683588, "energy": 64.379275, "activity_lines": [ 32.055251, 32.989909, 33.670798, 33.427434 ] }, { "date": "2025-03-14", "close": 29.552703, "volume": 22182, "typical_volume": 23341.45, "trend": 32.754171, "fair_value": 28.123404, "relative_strength": -5.570917, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -51.243313, "energy": 75.092927, "activity_lines": [ 31.068112, 32.271871, 33.257045, 33.221901 ] }, { "date": "2025-03-21", "close": 29.68034, "volume": 17205, "typical_volume": 23758.8, "trend": 32.738365, "fair_value": 28.12154, "relative_strength": -5.193898, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -53.666273, "energy": 81.335248, "activity_lines": [ 30.389919, 31.652998, 32.867536, 33.023589 ] }, { "date": "2025-03-28", "close": 29.144733, "volume": 31965, "typical_volume": 23742.9, "trend": 32.697292, "fair_value": 28.122568, "relative_strength": -4.449508, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -53.94066, "energy": 82.531968, "activity_lines": [ 29.800898, 31.009003, 32.437363, 32.791742 ] }, { "date": "2025-04-04", "close": 26.5427, "volume": 19917, "typical_volume": 24099.65, "trend": 32.608813, "fair_value": 28.119326, "relative_strength": -3.267127, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -93.458325, "energy": 96.509884, "activity_lines": [ 28.558395, 30.000725, 31.785394, 32.394672 ] }, { "date": "2025-04-11", "close": 27.106967, "volume": 26741, "typical_volume": 24443.3, "trend": 32.515288, "fair_value": 28.11636, "relative_strength": -7.889093, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -79.712634, "energy": 90.227642, "activity_lines": [ 27.870214, 29.254895, 31.225194, 32.039714 ] }, { "date": "2025-04-18", "close": 27.08479, "volume": 17022, "typical_volume": 24796.55, "trend": 32.403293, "fair_value": 28.114744, "relative_strength": -5.562638, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -74.411123, "energy": 85.854991, "activity_lines": [ 27.429982, 28.641256, 30.702877, 31.689359 ] }, { "date": "2025-04-25", "close": 27.981703, "volume": 20348, "typical_volume": 24508.1, "trend": 32.292207, "fair_value": 28.121801, "relative_strength": -8.023663, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.313806, "energy": 66.349319, "activity_lines": [ 27.453247, 28.308217, 30.306512, 31.404095 ] }, { "date": "2025-05-02", "close": 28.846287, "volume": 21548, "typical_volume": 24629.4, "trend": 32.228704, "fair_value": 28.133923, "relative_strength": -8.069011, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.58314, "energy": 57.523287, "activity_lines": [ 27.87795, 28.236272, 30.027154, 31.181778 ] }, { "date": "2025-05-09", "close": 29.548836, "volume": 36696, "typical_volume": 25077.55, "trend": 32.177938, "fair_value": 28.154247, "relative_strength": -5.432311, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -48.72496, "energy": 41.22619, "activity_lines": [ 28.556732, 28.355815, 29.844657, 31.008883 ] }, { "date": "2025-05-16", "close": 31.648203, "volume": 44474, "typical_volume": 26331.85, "trend": 32.169316, "fair_value": 28.197575, "relative_strength": -5.034596, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -26.792802, "energy": 23.648221, "activity_lines": [ 29.734894, 28.902286, 29.883063, 30.974707 ] }, { "date": "2025-05-23", "close": 30.396468, "volume": 21098, "typical_volume": 26336.4, "trend": 32.11282, "fair_value": 28.221782, "relative_strength": -6.450713, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -28.038988, "energy": 28.085588, "activity_lines": [ 30.193062, 29.208239, 29.815316, 30.860329 ] }, { "date": "2025-05-30", "close": 31.007551, "volume": 5903, "typical_volume": 25292.55, "trend": 32.084642, "fair_value": 28.249965, "relative_strength": -6.216556, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -16.86149, "energy": 24.932781, "activity_lines": [ 30.634146, 29.609957, 29.821642, 30.789022 ] }, { "date": "2025-06-06", "close": 30.761147, "volume": 7860, "typical_volume": 24841.6, "trend": 31.956408, "fair_value": 28.287607, "relative_strength": -8.710445, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -7.674577, "energy": 21.288259, "activity_lines": [ 30.791372, 29.942743, 29.817107, 30.703635 ] }, { "date": "2025-06-13", "close": 30.41618, "volume": 6654, "typical_volume": 23628.85, "trend": 31.819313, "fair_value": 28.332346, "relative_strength": -9.163884, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -8.921569, "energy": 15.849313, "activity_lines": [ 30.705952, 30.183418, 29.80052, 30.604265 ] }, { "date": "2025-06-20", "close": 30.396468, "volume": 3720, "typical_volume": 20626.15, "trend": 31.649003, "fair_value": 28.368716, "relative_strength": -9.108154, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -9.706489, "energy": 12.539867, "activity_lines": [ 30.556138, 30.350083, 29.805477, 30.512469 ] }, { "date": "2025-06-27", "close": 31.508439, "volume": 98750, "typical_volume": 23662.65, "trend": 31.51273, "fair_value": 28.417674, "relative_strength": -9.405398, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 2.283105, "energy": 10.990915, "activity_lines": [ 30.86043, 30.659115, 29.936349, 30.5034 ] }, { "date": "2025-07-04", "close": 32.684675, "volume": 6766, "typical_volume": 23314.55, "trend": 31.426837, "fair_value": 28.471784, "relative_strength": -7.335094, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 36.151405, "energy": 43.5015, "activity_lines": [ 31.482669, 31.101578, 30.188958, 30.579009 ] }, { "date": "2025-07-11", "close": 32.916748, "volume": 5763, "typical_volume": 23254.15, "trend": 31.352862, "fair_value": 28.528725, "relative_strength": -6.24315, "stage": 4, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 38.32151, "energy": 59.15265, "activity_lines": [ 32.070458, 31.500727, 30.468486, 30.675133 ] }, { "date": "2025-07-18", "close": 32.713436, "volume": 13544, "typical_volume": 22536.8, "trend": 31.311602, "fair_value": 28.576409, "relative_strength": -7.77624, "stage": 4, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 32.354953, "energy": 62.429418, "activity_lines": [ 32.44677, 31.788903, 30.725965, 30.762912 ] }, { "date": "2025-07-25", "close": 33.207534, "volume": 9545, "typical_volume": 21885.05, "trend": 31.272166, "fair_value": 28.618022, "relative_strength": -7.050748, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 46.37949, "energy": 71.647705, "activity_lines": [ 32.83463, 32.109376, 31.027276, 30.88523 ] }, { "date": "2025-08-01", "close": 31.393295, "volume": 11421, "typical_volume": 21347.0, "trend": 31.194264, "fair_value": 28.645427, "relative_strength": -9.96238, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 35.661666, "energy": 52.996515, "activity_lines": [ 32.430339, 32.071636, 31.14499, 30.893045 ] }, { "date": "2025-08-08", "close": 32.398252, "volume": 104962, "typical_volume": 25734.85, "trend": 31.152382, "fair_value": 28.671835, "relative_strength": -10.244565, "stage": 4, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 33.89566, "energy": 34.472363, "activity_lines": [ 32.368711, 32.198491, 31.34965, 30.970721 ] }, { "date": "2025-08-15", "close": 33.681599, "volume": 250672, "typical_volume": 36670.2, "trend": 31.104121, "fair_value": 28.711029, "relative_strength": -7.048447, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 78.47775, "energy": 54.124858, "activity_lines": [ 32.753959, 32.533397, 31.66359, 31.133897 ] }, { "date": "2025-08-22", "close": 34.578255, "volume": 10050, "typical_volume": 36176.85, "trend": 31.078905, "fair_value": 28.761457, "relative_strength": -3.59774, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 83.704276, "energy": 64.607305, "activity_lines": [ 33.387103, 32.978232, 32.041323, 31.358034 ] }, { "date": "2025-08-29", "close": 34.387241, "volume": 23804, "typical_volume": 36030.0, "trend": 31.071838, "fair_value": 28.816991, "relative_strength": -3.752748, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 77.443598, "energy": 84.335113, "activity_lines": [ 33.832255, 33.312663, 32.362599, 31.571475 ] }, { "date": "2025-09-05", "close": 34.479277, "volume": 65283, "typical_volume": 38443.05, "trend": 31.102858, "fair_value": 28.867536, "relative_strength": -4.279319, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 72.415729, "energy": 87.030665, "activity_lines": [ 34.229438, 33.591269, 32.657972, 31.79131 ] }, { "date": "2025-09-12", "close": 34.692705, "volume": 26540, "typical_volume": 38752.65, "trend": 31.136082, "fair_value": 28.932467, "relative_strength": -5.306336, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 72.814433, "energy": 87.206375, "activity_lines": [ 34.492031, 33.854664, 32.938461, 32.022913 ] }, { "date": "2025-09-19", "close": 34.820147, "volume": 7599, "typical_volume": 38055.2, "trend": 31.218332, "fair_value": 29.010536, "relative_strength": -6.816955, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 71.653161, "energy": 81.550934, "activity_lines": [ 34.644142, 34.104721, 33.199129, 32.260595 ] }, { "date": "2025-09-26", "close": 34.902229, "volume": 9164, "typical_volume": 36678.6, "trend": 31.313866, "fair_value": 29.093527, "relative_strength": -5.99866, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 70.813913, "energy": 70.312197, "activity_lines": [ 34.74771, 34.335094, 33.439168, 32.498266 ] }, { "date": "2025-10-03", "close": 35.120685, "volume": 15990, "typical_volume": 35254.4, "trend": 31.45332, "fair_value": 29.173583, "relative_strength": -6.390314, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 72.630928, "energy": 65.447195, "activity_lines": [ 34.902498, 34.565391, 33.674519, 32.743867 ] }, { "date": "2025-10-10", "close": 33.442275, "volume": 36323, "typical_volume": 36015.65, "trend": 31.582972, "fair_value": 29.243362, "relative_strength": -8.609315, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 53.16276, "energy": 46.769997, "activity_lines": [ 34.44892, 34.455738, 33.733487, 32.872187 ] }, { "date": "2025-10-17", "close": 34.746942, "volume": 4288, "typical_volume": 35934.9, "trend": 31.751859, "fair_value": 29.319155, "relative_strength": -7.101618, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 55.774076, "energy": 43.523082, "activity_lines": [ 34.499365, 34.546042, 33.902204, 33.076314 ] }, { "date": "2025-10-24", "close": 35.705423, "volume": 10344, "typical_volume": 36059.1, "trend": 31.970549, "fair_value": 29.391638, "relative_strength": -6.364856, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 77.539464, "energy": 52.645836, "activity_lines": [ 34.865687, 34.767913, 34.144399, 33.331382 ] }, { "date": "2025-10-31", "close": 35.650511, "volume": 23332, "typical_volume": 36893.0, "trend": 32.274142, "fair_value": 29.465575, "relative_strength": -8.029496, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 73.562638, "energy": 54.276905, "activity_lines": [ 35.154687, 34.943002, 34.35782, 33.568799 ] }, { "date": "2025-11-07", "close": 35.847479, "volume": 17171, "typical_volume": 37565.55, "trend": 32.565493, "fair_value": 29.527887, "relative_strength": -4.324448, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 74.262045, "energy": 67.623685, "activity_lines": [ 35.459458, 35.134409, 34.565075, 33.799337 ] }, { "date": "2025-11-14", "close": 35.298255, "volume": 7392, "typical_volume": 32997.65, "trend": 32.839275, "fair_value": 29.590051, "relative_strength": -5.300535, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.505823, "energy": 68.875624, "activity_lines": [ 35.532701, 35.199407, 34.694065, 33.975644 ] }, { "date": "2025-11-21", "close": 35.042793, "volume": 13530, "typical_volume": 33335.85, "trend": 33.074644, "fair_value": 29.648375, "relative_strength": -2.650094, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 60.747216, "energy": 49.672306, "activity_lines": [ 35.397058, 35.203066, 34.780679, 34.117807 ] }, { "date": "2025-11-28", "close": 36.713246, "volume": 8812, "typical_volume": 33488.3, "trend": 33.336876, "fair_value": 29.71714, "relative_strength": -2.479816, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 79.004617, "energy": 55.981701, "activity_lines": [ 35.798509, 35.504079, 35.015154, 34.352555 ] }, { "date": "2025-12-05", "close": 37.836862, "volume": 206448, "typical_volume": 43133.5, "trend": 33.613144, "fair_value": 29.799852, "relative_strength": -0.280485, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 85.581955, "energy": 63.735716, "activity_lines": [ 36.507311, 35.974966, 35.338562, 34.642877 ] }, { "date": "2025-12-12", "close": 39.009919, "volume": 18526, "typical_volume": 43582.55, "trend": 33.858535, "fair_value": 29.892554, "relative_strength": 4.898264, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 89.208674, "energy": 87.414558, "activity_lines": [ 37.461375, 36.605779, 35.749292, 34.991056 ] }, { "date": "2025-12-19", "close": 39.480995, "volume": 24767, "typical_volume": 44249.85, "trend": 34.161352, "fair_value": 29.989742, "relative_strength": 5.636026, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 86.225933, "energy": 94.081028, "activity_lines": [ 38.361635, 37.251529, 36.177257, 35.353795 ] }, { "date": "2025-12-26", "close": 39.534447, "volume": 75734, "typical_volume": 42788.45, "trend": 34.445582, "fair_value": 30.090303, "relative_strength": 4.577338, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 79.123571, "energy": 92.081607, "activity_lines": [ 39.000863, 37.797203, 36.571799, 35.700447 ] }, { "date": "2026-01-02", "close": 39.042989, "volume": 13658, "typical_volume": 30937.75, "trend": 34.721643, "fair_value": 30.181106, "relative_strength": 5.147899, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.091566, "energy": 87.610722, "activity_lines": [ 39.176828, 38.166475, 36.885554, 35.997053 ] }, { "date": "2026-01-09", "close": 40.603486, "volume": 26914, "typical_volume": 31780.95, "trend": 35.06122, "fair_value": 30.274397, "relative_strength": 7.053903, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 85.134985, "energy": 92.939079, "activity_lines": [ 39.717642, 38.758791, 37.322397, 36.376527 ] }, { "date": "2026-01-16", "close": 40.241012, "volume": 14592, "typical_volume": 31320.35, "trend": 35.389372, "fair_value": 30.367335, "relative_strength": 7.117269, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 74.473674, "energy": 85.051058, "activity_lines": [ 39.953191, 39.195148, 37.696027, 36.710707 ] }, { "date": "2026-01-23", "close": 40.041391, "volume": 75673, "typical_volume": 31839.85, "trend": 35.673803, "fair_value": 30.452901, "relative_strength": 6.429069, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.43066, "energy": 66.265905, "activity_lines": [ 40.040126, 39.515328, 38.02277, 37.010838 ] }, { "date": "2026-01-30", "close": 39.890027, "volume": 32219, "typical_volume": 32123.8, "trend": 35.913982, "fair_value": 30.530163, "relative_strength": 6.253928, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.819069, "energy": 65.296088, "activity_lines": [ 40.039246, 39.721748, 38.308612, 37.282852 ] }, { "date": "2026-02-06", "close": 42.985643, "volume": 28699, "typical_volume": 33178.8, "trend": 36.249612, "fair_value": 30.633056, "relative_strength": 16.570761, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 91.1473, "energy": 74.084662, "activity_lines": [ 41.046534, 40.402877, 38.864525, 37.739088 ] }, { "date": "2026-02-13", "close": 42.53335, "volume": 51038, "typical_volume": 35272.5, "trend": 36.576942, "fair_value": 30.730354, "relative_strength": 16.538912, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 82.153283, "energy": 71.266694, "activity_lines": [ 41.640213, 40.887726, 39.338479, 38.144491 ] }, { "date": "2026-02-20", "close": 42.986043, "volume": 61233, "typical_volume": 37534.65, "trend": 36.902892, "fair_value": 30.836876, "relative_strength": 16.122215, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 80.55563, "energy": 76.648159, "activity_lines": [ 42.256133, 41.369493, 39.819209, 38.557981 ] }, { "date": "2026-02-27", "close": 42.162084, "volume": 33247669, "typical_volume": 1698101.95, "trend": 37.261852, "fair_value": 30.93084, "relative_strength": 13.962733, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.280407, "energy": 66.891127, "activity_lines": [ 42.414397, 41.629156, 40.184011, 38.897284 ] }, { "date": "2026-03-06", "close": 38.835076, "volume": 966831, "typical_volume": 1746229.1, "trend": 37.476413, "fair_value": 31.014492, "relative_strength": 6.238315, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 55.965787, "energy": 48.346165, "activity_lines": [ 41.322279, 41.235161, 40.190433, 38.998782 ] }, { "date": "2026-03-13", "close": 37.256496, "volume": 1038574, "typical_volume": 1797640.6, "trend": 37.595576, "fair_value": 31.096087, "relative_strength": 2.928075, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 12.680437, "energy": 16.195158, "activity_lines": [ 39.774298, 40.566868, 40.027047, 38.984594 ] }, { "date": "2026-03-20", "close": 36.876837, "volume": 283577, "typical_volume": 1810652.85, "trend": 37.672196, "fair_value": 31.175602, "relative_strength": 3.876812, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -4.556321, "energy": 26.605041, "activity_lines": [ 38.481707, 39.862027, 39.820117, 38.938224 ] }, { "date": "2026-03-27", "close": 37.21, "volume": 991841, "typical_volume": 1859386.35, "trend": 37.766287, "fair_value": 31.248351, "relative_strength": 8.183837, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -27.765802, "energy": 40.833791, "activity_lines": [ 37.677271, 39.285519, 39.639077, 38.908405 ] }, { "date": "2026-04-03", "close": 38.15, "volume": 525976, "typical_volume": 1885315.55, "trend": 37.888645, "fair_value": 31.334198, "relative_strength": 6.598592, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -23.091774, "energy": 37.14474, "activity_lines": [ 37.571239, 38.935029, 39.541072, 38.93316 ] }, { "date": "2026-04-10", "close": 39.6, "volume": 381678, "typical_volume": 1903722.95, "trend": 38.052221, "fair_value": 31.425559, "relative_strength": 5.764211, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 1.726415, "energy": 19.593926, "activity_lines": [ 38.216011, 38.882564, 39.567583, 39.04357 ] }, { "date": "2026-04-17", "close": 41.5225, "volume": 492408, "typical_volume": 1927902.75, "trend": 38.275633, "fair_value": 31.528696, "relative_strength": 4.352784, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 42.600896, "energy": 19.270174, "activity_lines": [ 39.450622, 39.184918, 39.755488, 39.267459 ] }, { "date": "2026-04-24", "close": 41.478131, "volume": 250700, "typical_volume": 1930115.35, "trend": 38.49483, "fair_value": 31.634742, "relative_strength": 1.896149, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 48.513453, "energy": 33.347017, "activity_lines": [ 40.386044, 39.505808, 39.916267, 39.474072 ] }, { "date": "2026-05-01", "close": 40.993086, "volume": 336998, "typical_volume": 1946038.95, "trend": 38.690577, "fair_value": 31.73668, "relative_strength": -0.878619, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 44.222048, "energy": 36.450008, "activity_lines": [ 40.85303, 39.757693, 40.013511, 39.63525 ] }, { "date": "2026-05-08", "close": 41.713474, "volume": 4052887, "typical_volume": 2147444.95, "trend": 38.966283, "fair_value": 31.845643, "relative_strength": -4.331392, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 61.817097, "energy": 46.278048, "activity_lines": [ 41.30794, 40.176793, 40.16992, 39.830275 ] }, { "date": "2026-05-15", "close": 41.148652, "volume": 276187, "typical_volume": 2157467.6, "trend": 39.179674, "fair_value": 31.947932, "relative_strength": -5.235402, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 56.119508, "energy": 53.829429, "activity_lines": [ 41.337012, 40.501356, 40.261906, 39.971073 ] }, { "date": "2026-05-22", "close": 42.575665, "volume": 171655, "typical_volume": 2165367.45, "trend": 39.408682, "fair_value": 32.059954, "relative_strength": -3.108076, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.736121, "energy": 52.884557, "activity_lines": [ 41.738511, 41.04331, 40.482111, 40.19017 ] }, { "date": "2026-05-29", "close": 44.729349, "volume": 100453, "typical_volume": 2169044.4, "trend": 39.71131, "fair_value": 32.181391, "relative_strength": -1.090025, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 80.134802, "energy": 69.864766, "activity_lines": [ 42.787693, 41.880131, 40.890606, 40.533438 ] }, { "date": "2026-06-05", "close": 44.042568, "volume": 70600, "typical_volume": 2171844.8, "trend": 39.984479, "fair_value": 32.293793, "relative_strength": 1.849774, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 71.662688, "energy": 73.050219, "activity_lines": [ 43.391201, 42.449309, 41.214047, 40.812874 ] }, { "date": "2026-06-12", "close": 45.174805, "volume": 402281, "typical_volume": 2188175.2, "trend": 40.313698, "fair_value": 32.40638, "relative_strength": 1.960324, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 77.710761, "energy": 81.748026, "activity_lines": [ 44.168822, 43.100121, 41.627217, 41.147734 ] }, { "date": "2026-06-19", "close": 44.252382, "volume": 225400, "typical_volume": 2197834.25, "trend": 40.620684, "fair_value": 32.516651, "relative_strength": -2.777678, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.97972, "energy": 75.592241, "activity_lines": [ 44.408213, 43.455495, 41.928092, 41.401843 ] }, { "date": "2026-06-26", "close": 45.23, "volume": 1759079, "typical_volume": 2284353.25, "trend": 40.904576, "fair_value": 32.624424, "relative_strength": 3.846426, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 70.49172, "energy": 74.254292, "activity_lines": [ 44.766562, 43.904029, 42.301301, 41.699218 ] }, { "date": "2026-07-03", "close": 45.1017, "volume": 273836, "typical_volume": 2295493.15, "trend": 41.146737, "fair_value": 32.72911, "relative_strength": 2.530386, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.905754, "energy": 64.960912, "activity_lines": [ 44.905188, 44.261827, 42.651603, 41.97 ] }, { "date": "2026-07-10", "close": 45.3998, "volume": 292477, "typical_volume": 2307055.35, "trend": 41.359733, "fair_value": 32.833443, "relative_strength": 1.278069, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 67.221438, "energy": 54.030676, "activity_lines": [ 45.118358, 44.607942, 43.018066, 42.244391 ] }, { "date": "2026-07-17", "close": 45.1184, "volume": 198598, "typical_volume": 654601.8, "trend": 41.547646, "fair_value": 32.935177, "relative_strength": 4.81057, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 62.328103, "energy": 54.282569, "activity_lines": [ 45.147245, 44.822771, 43.346235, 42.486886 ] }, { "date": "2026-07-24", "close": 45.18, "volume": 4464451, "typical_volume": 829482.8, "trend": 41.735832, "fair_value": 33.03421, "relative_strength": 6.418875, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 59.826168, "energy": 49.043193, "activity_lines": [ 45.200427, 44.986893, 43.666192, 42.721232 ] }, { "date": "2026-07-31", "close": 44.24, "volume": 191670, "typical_volume": 787137.6, "trend": 41.909065, "fair_value": 33.131721, "relative_strength": 3.397619, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 47.652302, "energy": 37.993581, "activity_lines": [ 44.878433, 44.906808, 43.866412, 42.882791 ] }, { "date": "2026-08-07", "close": 45.08, "volume": 250699, "typical_volume": 785493.7, "trend": 42.058282, "fair_value": 33.23841, "relative_strength": 0.076789, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 47.695599, "energy": 34.995051, "activity_lines": [ 44.90244, 44.94919, 44.113377, 43.087367 ] } ], "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." } } }