{ "ticker": { "uuid": "fe6783b0-483a-42ac-a184-6271c0d8c94c", "symbol": "PHEQ", "name": "MORGAN STANLEY ETF TRUST PARAMETRIC HEDGED EQUITY ETF USD", "exchange": "NYSEARCA", "country": "US", "assetType": "etf" }, "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.", "analysis": { "eligible": true, "as_of": "2026-08-07", "benchmark": "SPY", "stage": 2, "stage_name": "Advancing", "phase": "2b", "phase_label": "Stage 2B \u00b7 Advancing", "transition": "stage_2_healthy", "transition_label": "Stage 2 trend intact", "confidence": 52.715, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Established expansion", "architecture_gate": "up", "architecture_direction": 76.132, "architecture_energy": 52.619, "architecture_maturity": 54.063, "architecture_confidence": 67.089, "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": 14.11, "rotation_up": 54.18, "upward_expansion": 80.67, "deceleration": 65.02, "rotation_down": 25.75, "downward_expansion": 7.34 }, "activity_lines": [ 34.646267, 34.53951, 34.324211, 33.91674 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.666667 }, "latest_close": 35.0549, "trend_reference": 33.430104, "distance_from_trend": 0.048603, "trend_direction": "Improving", "fair_value": 29.447841, "distance_from_fair_value": 0.190406, "fair_value_direction": "Improving", "relative_strength": -4.765678, "relative_strength_direction": "Weakening", "price_momentum": 0.072667, "excess_performance": -0.052958, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.048603, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.021249, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.190406, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.01379, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.047657, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.002053, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.072667, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 1.232526, "read": "Demand-led" } ], "volume": { "latest": 58455, "relative_activity": 0.685727, "balance": 1.232526, "dry_up": 0.799228, "accumulation_observations": 2, "distribution_observations": 4 }, "risk": { "range_context": 0.015468, "annualized_volatility": 0.065618, "from_high_reference": -0.000716, "from_low_reference": 0.193761 }, "levels": { "trend_reference": 33.430104, "fair_value_reference": 29.447841, "structural_low": 31.3375, "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 12, "median_return": 0.00569, "positive_rate": 0.666667, "directional_follow_through": 0.666667, "median_excess_return": -0.003603, "regime_survival": 0.916667, "best_return": 0.015689, "worst_return": -0.02609, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 4, "median_return": 0.023907, "positive_rate": 1.0, "directional_follow_through": 1.0, "median_excess_return": -0.020733, "regime_survival": 0.75, "best_return": 0.042142, "worst_return": 0.002006, "sufficient": false }, { "horizon": "Extended", "sample_count": 2, "median_return": 0.064109, "positive_rate": 1.0, "directional_follow_through": 1.0, "median_excess_return": -0.0423, "regime_survival": 1.0, "best_return": 0.072385, "worst_return": 0.055833, "sufficient": false }, { "horizon": "Full cycle", "sample_count": 1, "median_return": 0.132259, "positive_rate": 1.0, "directional_follow_through": 1.0, "median_excess_return": -0.091715, "regime_survival": 1.0, "best_return": 0.132259, "worst_return": 0.132259, "sufficient": false } ], "ledger": [ { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-04-25", "end": "2025-05-16", "tenure": "New", "return": 0.051024, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-05-23", "end": "2025-06-06", "tenure": "New", "return": 0.027574, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-06-13", "end": "2025-07-04", "tenure": "New", "return": 0.032244, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-07-11", "end": "2026-03-06", "tenure": "Extended", "return": 0.055711, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-03-13", "end": "2026-03-20", "tenure": "New", "return": -0.007817, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2026-03-27", "end": "2026-04-10", "tenure": "New", "return": 0.04341, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-04-17", "end": "2026-04-24", "tenure": "New", "return": 0.004291, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-05-01", "end": "2026-08-07", "tenure": "Established", "return": 0.035181, "active": true } ], "chart_path": [ { "date": "2023-10-20", "close": 23.39994, "volume": 2605, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-10-27", "close": 23.018675, "volume": 7687, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-11-03", "close": 23.892419, "volume": 1861, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-11-10", "close": 24.126801, "volume": 3385, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-11-17", "close": 24.461017, "volume": 293, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-11-24", "close": 24.657627, "volume": 22, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-12-01", "close": 24.853471, "volume": 1817, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-12-08", "close": 24.805657, "volume": 230, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-12-15", "close": 25.250323, "volume": 691, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-12-22", "close": 25.259273, "volume": 2915, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-12-29", "close": 25.332235, "volume": 583, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-01-05", "close": 25.186312, "volume": 3201, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-01-12", "close": 25.502478, "volume": 1260, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-01-19", "close": 25.560945, "volume": 833, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-01-26", "close": 25.764653, "volume": 1884, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-02-02", "close": 25.794324, "volume": 54500, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-02-09", "close": 25.984024, "volume": 4156, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-02-16", "close": 26.08617, "volume": 6744, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-02-23", "close": 26.110491, "volume": 2095, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-03-01", "close": 26.134909, "volume": 15386, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-03-08", "close": 26.188317, "volume": 86674, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-03-15", "close": 26.15456, "volume": 181688, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-03-22", "close": 26.328912, "volume": 80794, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-03-29", "close": 26.363023, "volume": 44093, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-04-05", "close": 26.294704, "volume": 126060, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-04-12", "close": 26.275114, "volume": 61958, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-04-19", "close": 25.924453, "volume": 8343, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-04-26", "close": 26.192468, "volume": 303612, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-05-03", "close": 26.362926, "volume": 36327, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-05-10", "close": 26.616224, "volume": 7341, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-05-17", "close": 26.825958, "volume": 8456, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-05-24", "close": 26.762414, "volume": 25697, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-05-31", "close": 26.719239, "volume": 194487, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-06-07", "close": 26.928194, "volume": 254291, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-06-14", "close": 27.054892, "volume": 21439, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-06-21", "close": 27.142508, "volume": 15784, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-06-28", "close": 27.229365, "volume": 19058, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-07-05", "close": 27.416903, "volume": 30613, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-07-12", "close": 27.534236, "volume": 31189, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-07-19", "close": 27.304556, "volume": 34388, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-07-26", "close": 27.176956, "volume": 60752, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-08-02", "close": 26.957347, "volume": 50030, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-08-09", "close": 27.029018, "volume": 127562, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-08-16", "close": 27.611481, "volume": 12488, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-08-23", "close": 27.768805, "volume": 18501, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-08-30", "close": 27.782201, "volume": 97963, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-09-06", "close": 27.329294, "volume": 77442, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-09-13", "close": 27.876557, "volume": 121615, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-09-20", "close": 28.047472, "volume": 35448, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-09-27", "close": 28.083744, "volume": 28310, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-10-04", "close": 28.086293, "volume": 48738, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-10-11", "close": 28.299396, "volume": 38815, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-10-18", "close": 28.412123, "volume": 25061, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-10-25", "close": 28.377913, "volume": 23357, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-11-01", "close": 28.279791, "volume": 658108, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-11-08", "close": 28.779711, "volume": 41875, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-11-15", "close": 28.583664, "volume": 47385, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-11-22", "close": 28.911945, "volume": 19246, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-11-29", "close": 29.112992, "volume": 15372, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-12-06", "close": 29.35805, "volume": 69236, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-12-13", "close": 29.309039, "volume": 121351, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-12-20", "close": 29.064372, "volume": 23837, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-12-27", "close": 29.240923, "volume": 113133, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-01-03", "close": 29.236087, "volume": 55404, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-01-10", "close": 28.975752, "volume": 77388, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-01-17", "close": 29.527509, "volume": 77576, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-01-24", "close": 29.729323, "volume": 67836, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-01-31", "close": 29.719553, "volume": 55513, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-02-07", "close": 29.793864, "volume": 129479, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-02-14", "close": 30.016007, "volume": 48328, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-02-21", "close": 29.769192, "volume": 30818, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-02-28", "close": 29.542904, "volume": 46431, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-03-07", "close": 28.965291, "volume": 74627, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-03-14", "close": 28.410081, "volume": 51550, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-03-21", "close": 28.56492, "volume": 30262, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-03-28", "close": 28.20799, "volume": 35434, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-04-04", "close": 26.584906, "volume": 362015, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-04-11", "close": 27.499158, "volume": 64143, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-04-18", "close": 27.237858, "volume": 69781, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-04-25", "close": 28.018988, "volume": 85995, "typical_volume": 81045.05, "trend": 28.787187, "fair_value": 27.17599, "relative_strength": 1.535664, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.560045, "energy": 65.492455, "activity_lines": [ 27.52811, 27.870581, 28.520048, 28.705024 ] }, { "date": "2025-05-02", "close": 28.533081, "volume": 145802, "typical_volume": 82267.6, "trend": 28.802079, "fair_value": 27.192744, "relative_strength": 0.529951, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -56.782022, "energy": 37.831712, "activity_lines": [ 27.86921, 27.916572, 28.487895, 28.68863 ] }, { "date": "2025-05-09", "close": 28.497476, "volume": 41093, "typical_volume": 83130.4, "trend": 28.808682, "fair_value": 27.208655, "relative_strength": 0.883646, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -40.263366, "energy": 22.500235, "activity_lines": [ 28.176769, 27.978565, 28.456046, 28.668978 ] }, { "date": "2025-05-16", "close": 29.448619, "volume": 46989, "typical_volume": 79823.2, "trend": 28.843232, "fair_value": 27.235643, "relative_strength": -0.921439, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -9.398873, "energy": 18.487455, "activity_lines": [ 28.673872, 28.2325, 28.517482, 28.710265 ] }, { "date": "2025-05-23", "close": 28.930965, "volume": 29410, "typical_volume": 78523.5, "trend": 28.861667, "fair_value": 27.255825, "relative_strength": -0.079385, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 0.437168, "energy": 18.071057, "activity_lines": [ 28.868459, 28.383528, 28.528629, 28.715925 ] }, { "date": "2025-05-30", "close": 29.334387, "volume": 77692, "typical_volume": 78538.7, "trend": 28.89682, "fair_value": 27.280279, "relative_strength": -0.394254, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 20.812786, "energy": 26.648384, "activity_lines": [ 29.084646, 28.598436, 28.579649, 28.746423 ] }, { "date": "2025-06-06", "close": 29.72871, "volume": 63398, "typical_volume": 77829.8, "trend": 28.928454, "fair_value": 27.308749, "relative_strength": -0.642673, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 30.061414, "energy": 33.76686, "activity_lines": [ 29.34458, 28.871048, 28.666516, 28.800093 ] }, { "date": "2025-06-13", "close": 29.631588, "volume": 19612, "typical_volume": 75418.6, "trend": 28.963384, "fair_value": 27.335448, "relative_strength": -0.579979, "stage": 3, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 26.968152, "energy": 45.828282, "activity_lines": [ 29.492433, 29.098352, 28.743176, 28.845457 ] }, { "date": "2025-06-20", "close": 29.654038, "volume": 15545, "typical_volume": 73420.2, "trend": 28.988121, "fair_value": 27.361796, "relative_strength": -0.322855, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 27.625369, "energy": 46.398831, "activity_lines": [ 29.572161, 29.274344, 28.822439, 28.890015 ] }, { "date": "2025-06-27", "close": 30.291964, "volume": 150613, "typical_volume": 74476.9, "trend": 29.02742, "fair_value": 27.394719, "relative_strength": -1.541959, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 38.929205, "energy": 55.154353, "activity_lines": [ 29.850836, 29.527143, 28.962769, 28.974134 ] }, { "date": "2025-07-04", "close": 30.587033, "volume": 47197, "typical_volume": 74420.35, "trend": 29.068386, "fair_value": 27.430189, "relative_strength": -2.198462, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 79.745553, "energy": 78.119662, "activity_lines": [ 30.137135, 29.778061, 29.128828, 29.074754 ] }, { "date": "2025-07-11", "close": 30.558379, "volume": 222644, "typical_volume": 84011.65, "trend": 29.110031, "fair_value": 27.464565, "relative_strength": -1.991254, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 76.654899, "energy": 84.782245, "activity_lines": [ 30.330372, 29.977078, 29.28944, 29.170883 ] }, { "date": "2025-07-18", "close": 30.706905, "volume": 30900, "typical_volume": 83235.1, "trend": 29.164782, "fair_value": 27.499808, "relative_strength": -2.082665, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 76.310009, "energy": 88.252574, "activity_lines": [ 30.517807, 30.166276, 29.460439, 29.273907 ] }, { "date": "2025-07-25", "close": 30.940105, "volume": 21110, "typical_volume": 80559.25, "trend": 29.221421, "fair_value": 27.5368, "relative_strength": -2.739438, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 79.845724, "energy": 91.337782, "activity_lines": [ 30.711287, 30.357703, 29.648104, 29.388444 ] }, { "date": "2025-08-01", "close": 30.598634, "volume": 112439, "typical_volume": 83603.7, "trend": 29.266839, "fair_value": 27.569373, "relative_strength": -1.357469, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.624445, "energy": 83.118641, "activity_lines": [ 30.705206, 30.459926, 29.793845, 29.477296 ] }, { "date": "2025-08-08", "close": 30.989679, "volume": 90720, "typical_volume": 86626.6, "trend": 29.33397, "fair_value": 27.605376, "relative_strength": -2.419009, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 74.164557, "energy": 78.104806, "activity_lines": [ 30.809029, 30.602927, 29.966406, 29.588447 ] }, { "date": "2025-08-15", "close": 31.200769, "volume": 36337, "typical_volume": 86671.75, "trend": 29.389746, "fair_value": 27.642828, "relative_strength": -2.637249, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 78.178409, "energy": 81.847595, "activity_lines": [ 30.956372, 30.754211, 30.147525, 29.708886 ] }, { "date": "2025-08-22", "close": 31.222185, "volume": 102488, "typical_volume": 73695.4, "trend": 29.439508, "fair_value": 27.679729, "relative_strength": -2.791582, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 74.32038, "energy": 67.295075, "activity_lines": [ 31.068027, 30.882625, 30.316432, 29.827108 ] }, { "date": "2025-08-29", "close": 31.326292, "volume": 77351, "typical_volume": 74355.8, "trend": 29.493066, "fair_value": 27.716939, "relative_strength": -2.377769, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 74.563367, "energy": 82.380208, "activity_lines": [ 31.180033, 31.001047, 30.473171, 29.948836 ] }, { "date": "2025-09-05", "close": 31.420782, "volume": 138620, "typical_volume": 77797.75, "trend": 29.547296, "fair_value": 27.754351, "relative_strength": -2.314223, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 73.201378, "energy": 81.030026, "activity_lines": [ 31.29779, 31.106245, 30.620686, 30.073205 ] }, { "date": "2025-09-12", "close": 31.648528, "volume": 66311, "typical_volume": 76813.55, "trend": 29.601714, "fair_value": 27.793293, "relative_strength": -3.050399, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 78.640238, "energy": 73.225158, "activity_lines": [ 31.436652, 31.232327, 30.769971, 30.208768 ] }, { "date": "2025-09-19", "close": 31.812125, "volume": 94150, "typical_volume": 74230.95, "trend": 29.669811, "fair_value": 27.833083, "relative_strength": -3.66309, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 79.481668, "energy": 71.871361, "activity_lines": [ 31.586123, 31.368854, 30.917554, 30.351375 ] }, { "date": "2025-09-26", "close": 31.750869, "volume": 122981, "typical_volume": 78325.35, "trend": 29.74341, "fair_value": 27.871493, "relative_strength": -3.50971, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 73.377723, "energy": 79.981036, "activity_lines": [ 31.674419, 31.471449, 31.043688, 30.485637 ] }, { "date": "2025-10-03", "close": 31.840336, "volume": 246382, "typical_volume": 88295.0, "trend": 29.839245, "fair_value": 27.910026, "relative_strength": -4.231068, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 73.742198, "energy": 78.378897, "activity_lines": [ 31.757291, 31.571329, 31.162851, 30.620922 ] }, { "date": "2025-10-10", "close": 31.44519, "volume": 58792, "typical_volume": 89764.1, "trend": 29.940415, "fair_value": 27.944017, "relative_strength": -3.027208, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.954056, "energy": 63.446323, "activity_lines": [ 31.674179, 31.582996, 31.232992, 30.724532 ] }, { "date": "2025-10-17", "close": 31.75067, "volume": 145082, "typical_volume": 93133.6, "trend": 30.046607, "fair_value": 27.980271, "relative_strength": -3.708561, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.625605, "energy": 58.64441, "activity_lines": [ 31.691265, 31.634813, 31.320253, 30.841322 ] }, { "date": "2025-10-24", "close": 32.128718, "volume": 330072, "typical_volume": 106467.3, "trend": 30.177298, "fair_value": 28.019408, "relative_strength": -4.332102, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 79.137307, "energy": 62.229026, "activity_lines": [ 31.827559, 31.74153, 31.432013, 30.975652 ] }, { "date": "2025-10-31", "close": 32.272661, "volume": 33515, "typical_volume": 107162.45, "trend": 30.36689, "fair_value": 28.059158, "relative_strength": -4.477214, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 83.19776, "energy": 69.848805, "activity_lines": [ 31.990727, 31.857547, 31.546053, 31.110837 ] }, { "date": "2025-11-07", "close": 32.063407, "volume": 61287, "typical_volume": 109449.55, "trend": 30.519031, "fair_value": 28.096234, "relative_strength": -3.493995, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.677404, "energy": 67.836915, "activity_lines": [ 32.049358, 31.916417, 31.627588, 31.22029 ] }, { "date": "2025-11-14", "close": 32.019071, "volume": 46105, "typical_volume": 104224.15, "trend": 30.678405, "fair_value": 28.132223, "relative_strength": -3.70017, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.891462, "energy": 67.485755, "activity_lines": [ 32.078338, 31.953825, 31.693427, 31.317066 ] }, { "date": "2025-11-21", "close": 31.751466, "volume": 109164, "typical_volume": 107322.5, "trend": 30.802821, "fair_value": 28.165126, "relative_strength": -2.599485, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.504365, "energy": 51.62919, "activity_lines": [ 31.979858, 31.931699, 31.725555, 31.386296 ] }, { "date": "2025-11-28", "close": 32.332504, "volume": 132714, "typical_volume": 102826.0, "trend": 30.929468, "fair_value": 28.20267, "relative_strength": -4.293415, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.105001, "energy": 42.237937, "activity_lines": [ 32.075005, 32.013345, 31.807476, 31.484985 ] }, { "date": "2025-12-05", "close": 32.377139, "volume": 80647, "typical_volume": 105313.35, "trend": 31.058791, "fair_value": 28.239942, "relative_strength": -4.420748, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.931785, "energy": 41.433302, "activity_lines": [ 32.171444, 32.093645, 31.885199, 31.578383 ] }, { "date": "2025-12-12", "close": 32.449507, "volume": 114450, "typical_volume": 109980.35, "trend": 31.15882, "fair_value": 28.277194, "relative_strength": -3.598675, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.437704, "energy": 43.115944, "activity_lines": [ 32.28504, 32.175716, 31.961861, 31.668107 ] }, { "date": "2025-12-19", "close": 32.535296, "volume": 187040, "typical_volume": 113710.4, "trend": 31.278965, "fair_value": 28.314546, "relative_strength": -3.38773, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.707347, "energy": 46.444455, "activity_lines": [ 32.401493, 32.26231, 32.039506, 31.756912 ] }, { "date": "2025-12-26", "close": 32.640466, "volume": 295607, "typical_volume": 123954.75, "trend": 31.389167, "fair_value": 28.352163, "relative_strength": -4.349663, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.97047, "energy": 51.655062, "activity_lines": [ 32.518588, 32.348205, 32.117944, 31.844751 ] }, { "date": "2026-01-02", "close": 32.660448, "volume": 260744, "typical_volume": 135175.1, "trend": 31.486892, "fair_value": 28.389303, "relative_strength": -3.209476, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.378302, "energy": 50.961958, "activity_lines": [ 32.583076, 32.421554, 32.190425, 31.926769 ] }, { "date": "2026-01-09", "close": 32.770349, "volume": 287767, "typical_volume": 144439.05, "trend": 31.591517, "fair_value": 28.426748, "relative_strength": -4.286494, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.980665, "energy": 51.126404, "activity_lines": [ 32.662336, 32.505219, 32.266422, 32.009573 ] }, { "date": "2026-01-16", "close": 32.710403, "volume": 50250, "typical_volume": 143084.0, "trend": 31.693396, "fair_value": 28.46305, "relative_strength": -4.027754, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.13768, "energy": 43.771847, "activity_lines": [ 32.695399, 32.568935, 32.329337, 32.081759 ] }, { "date": "2026-01-23", "close": 32.660148, "volume": 121276, "typical_volume": 142216.8, "trend": 31.772335, "fair_value": 28.49832, "relative_strength": -3.759029, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 57.610562, "energy": 39.47693, "activity_lines": [ 32.694317, 32.61175, 32.380876, 32.14413 ] }, { "date": "2026-01-30", "close": 32.506587, "volume": 87578, "typical_volume": 143280.15, "trend": 31.836321, "fair_value": 28.531722, "relative_strength": -4.479497, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 53.561943, "energy": 33.458554, "activity_lines": [ 32.633725, 32.614989, 32.411887, 32.191501 ] }, { "date": "2026-02-06", "close": 32.68013, "volume": 252901, "typical_volume": 151217.7, "trend": 31.907046, "fair_value": 28.566007, "relative_strength": -3.674345, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 53.297412, "energy": 30.433305, "activity_lines": [ 32.639906, 32.636051, 32.455341, 32.24594 ] }, { "date": "2026-02-13", "close": 32.410674, "volume": 48530, "typical_volume": 147495.15, "trend": 31.963838, "fair_value": 28.59752, "relative_strength": -3.139699, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 37.711447, "energy": 20.277943, "activity_lines": [ 32.554957, 32.601802, 32.468998, 32.278432 ] }, { "date": "2026-02-20", "close": 32.550548, "volume": 61787, "typical_volume": 138265.4, "trend": 32.017519, "fair_value": 28.629659, "relative_strength": -3.692592, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 34.832283, "energy": 17.428176, "activity_lines": [ 32.54061, 32.592374, 32.492836, 32.316285 ] }, { "date": "2026-02-27", "close": 32.600502, "volume": 57361, "typical_volume": 138193.85, "trend": 32.084248, "fair_value": 28.661682, "relative_strength": -2.9553, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 37.137763, "energy": 20.813789, "activity_lines": [ 32.553571, 32.590192, 32.518048, 32.353896 ] }, { "date": "2026-03-06", "close": 32.26081, "volume": 250761, "typical_volume": 143477.8, "trend": 32.126619, "fair_value": 28.690475, "relative_strength": -1.91081, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 23.365142, "energy": 14.170496, "activity_lines": [ 32.457279, 32.525061, 32.505408, 32.365287 ] }, { "date": "2026-03-13", "close": 31.95109, "volume": 68859, "typical_volume": 130417.15, "trend": 32.15163, "fair_value": 28.716352, "relative_strength": -1.262745, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": -4.97566, "energy": 12.892347, "activity_lines": [ 32.274131, 32.410522, 32.460841, 32.353963 ] }, { "date": "2026-03-20", "close": 31.701316, "volume": 118364, "typical_volume": 134659.6, "trend": 32.167601, "fair_value": 28.739856, "relative_strength": -0.146497, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -34.471723, "energy": 45.671776, "activity_lines": [ 32.056328, 32.263465, 32.393332, 32.32491 ] }, { "date": "2026-03-27", "close": 31.47, "volume": 64247, "typical_volume": 134807.6, "trend": 32.172391, "fair_value": 28.761185, "relative_strength": 1.456939, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -39.013101, "energy": 57.631887, "activity_lines": [ 31.80871, 32.093789, 32.306514, 32.279904 ] }, { "date": "2026-04-03", "close": 32.205, "volume": 100940, "typical_volume": 137549.35, "trend": 32.198532, "fair_value": 28.787882, "relative_strength": 0.547336, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -20.765662, "energy": 44.099389, "activity_lines": [ 31.878129, 32.080302, 32.292521, 32.282008 ] }, { "date": "2026-04-10", "close": 32.8361, "volume": 67831, "typical_volume": 135482.7, "trend": 32.238118, "fair_value": 28.819022, "relative_strength": -0.900656, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": 6.909035, "energy": 10.789275, "activity_lines": [ 32.184281, 32.189835, 32.337748, 32.323141 ] }, { "date": "2026-04-17", "close": 33.52, "volume": 57086, "typical_volume": 131701.3, "trend": 32.295047, "fair_value": 28.854907, "relative_strength": -3.010809, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 59.262663, "energy": 35.799587, "activity_lines": [ 32.680048, 32.417723, 32.442943, 32.405843 ] }, { "date": "2026-04-24", "close": 33.663834, "volume": 251852, "typical_volume": 140261.55, "trend": 32.358812, "fair_value": 28.891338, "relative_strength": -2.947561, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 76.336612, "energy": 59.103965, "activity_lines": [ 33.119165, 32.656492, 32.556182, 32.494152 ] }, { "date": "2026-05-01", "close": 33.86356, "volume": 39559, "typical_volume": 136517.0, "trend": 32.426253, "fair_value": 28.928723, "relative_strength": -3.130031, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 77.587898, "energy": 83.104044, "activity_lines": [ 33.494022, 32.90879, 32.682315, 32.591233 ] }, { "date": "2026-05-08", "close": 34.083259, "volume": 52266, "typical_volume": 129778.3, "trend": 32.514189, "fair_value": 28.96719, "relative_strength": -4.560421, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 79.266314, "energy": 88.448583, "activity_lines": [ 33.782542, 33.177161, 32.822638, 32.698136 ] }, { "date": "2026-05-15", "close": 34.064485, "volume": 127605, "typical_volume": 121378.2, "trend": 32.591316, "fair_value": 29.004948, "relative_strength": -4.659874, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 74.163499, "energy": 87.880762, "activity_lines": [ 33.939587, 33.415159, 32.953803, 32.798155 ] }, { "date": "2026-05-22", "close": 34.303058, "volume": 27809, "typical_volume": 109731.45, "trend": 32.663794, "fair_value": 29.043905, "relative_strength": -4.653543, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 77.639447, "energy": 89.042292, "activity_lines": [ 34.094264, 33.663739, 33.100907, 32.90859 ] }, { "date": "2026-05-29", "close": 34.394832, "volume": 82195, "typical_volume": 99452.85, "trend": 32.734533, "fair_value": 29.082962, "relative_strength": -5.584941, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 75.749474, "energy": 85.902469, "activity_lines": [ 34.227328, 33.886243, 33.24893, 33.02027 ] }, { "date": "2026-06-05", "close": 34.140081, "volume": 105810, "typical_volume": 102230.85, "trend": 32.803755, "fair_value": 29.119608, "relative_strength": -3.729007, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.194241, "energy": 63.904327, "activity_lines": [ 34.226742, 34.013455, 33.364955, 33.110951 ] }, { "date": "2026-06-12", "close": 34.232954, "volume": 70106, "typical_volume": 99672.35, "trend": 32.877552, "fair_value": 29.156395, "relative_strength": -3.857904, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.192789, "energy": 58.630473, "activity_lines": [ 34.238679, 34.109007, 33.483017, 33.203157 ] }, { "date": "2026-06-19", "close": 34.382848, "volume": 124398, "typical_volume": 101513.35, "trend": 32.965264, "fair_value": 29.193727, "relative_strength": -4.157317, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.219946, "energy": 57.128983, "activity_lines": [ 34.290601, 34.19494, 33.607865, 33.300273 ] }, { "date": "2026-06-26", "close": 34.33, "volume": 104363, "typical_volume": 94086.45, "trend": 33.031847, "fair_value": 29.230154, "relative_strength": -1.867942, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.955033, "energy": 52.162735, "activity_lines": [ 34.303683, 34.243142, 33.718746, 33.38832 ] }, { "date": "2026-07-03", "close": 34.4612, "volume": 70446, "typical_volume": 95182.25, "trend": 33.101316, "fair_value": 29.266993, "relative_strength": -3.458204, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.05163, "energy": 52.525878, "activity_lines": [ 34.358702, 34.30047, 33.834265, 33.480537 ] }, { "date": "2026-07-10", "close": 34.6, "volume": 85872, "typical_volume": 96386.5, "trend": 33.172999, "fair_value": 29.304286, "relative_strength": -4.23247, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.712792, "energy": 55.238032, "activity_lines": [ 34.455563, 34.368538, 33.953239, 33.577226 ] }, { "date": "2026-07-17", "close": 34.4749, "volume": 86969, "typical_volume": 97866.9, "trend": 33.237653, "fair_value": 29.340193, "relative_strength": -2.961423, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.386467, "energy": 51.172134, "activity_lines": [ 34.480063, 34.400471, 34.05054, 33.66122 ] }, { "date": "2026-07-24", "close": 34.2899, "volume": 55035, "typical_volume": 88080.6, "trend": 33.292634, "fair_value": 29.374329, "relative_strength": -2.807233, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 59.45216, "energy": 46.045274, "activity_lines": [ 34.426767, 34.391646, 34.121295, 33.729107 ] }, { "date": "2026-07-31", "close": 34.5, "volume": 72063, "typical_volume": 88240.8, "trend": 33.353952, "fair_value": 29.409437, "relative_strength": -3.132459, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 60.659856, "energy": 44.460329, "activity_lines": [ 34.4497, 34.416923, 34.202398, 33.807001 ] }, { "date": "2026-08-07", "close": 35.0549, "volume": 58455, "typical_volume": 85245.35, "trend": 33.430104, "fair_value": 29.447841, "relative_strength": -4.765678, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 76.131549, "energy": 52.618508, "activity_lines": [ 34.646267, 34.53951, 34.324211, 33.91674 ] } ], "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." } } }