{ "ticker": { "uuid": "00e1f896-7570-4779-ad10-c94738122090", "symbol": "ENTA", "name": "Enanta Pharmaceuticals Inc", "exchange": "NASDAQ", "country": "US", "assetType": "equity" }, "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.", "analysis": { "eligible": true, "as_of": "2026-08-07", "benchmark": "QQQ", "stage": 4, "stage_name": "Declining", "phase": "4a", "phase_label": "Stage 4A \u00b7 Breakdown", "transition": "stage_4_declining", "transition_label": "Stage 4 decline intact", "confidence": 89.653, "architecture_regime": "balance", "architecture_regime_label": "Balance", "architecture_modifier": "Balance after decline", "architecture_gate": "mixed", "architecture_direction": 2.945, "architecture_energy": 5.439, "architecture_maturity": 20.346, "architecture_confidence": 75.618, "architecture_tenure": "Developing", "architecture": { "interpretation": { "headline": "Directional pressure has compressed into balance.", "body": "Trend and Activity are compressed into balance, so neither side has durable control. Prior structure and the next directional change provide context; balance alone is not assumed to be a base." }, "scores": { "balance": 77.3, "rotation_up": 27.34, "upward_expansion": 17.13, "deceleration": 60.72, "rotation_down": 36.94, "downward_expansion": 35.13 }, "activity_lines": [ 13.251333, 13.387818, 13.395333, 13.392559 ], "activity_state": "Compressed", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.0 }, "latest_close": 13.77, "trend_reference": 13.365, "distance_from_trend": 0.030303, "trend_direction": "Weakening", "fair_value": 10.959551, "distance_from_fair_value": 0.256438, "fair_value_direction": "Weakening", "relative_strength": -3.565488, "relative_strength_direction": "Weakening", "price_momentum": 0.019245, "excess_performance": -0.168209, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.030303, "read": "Above" }, { "label": "Trend direction", "positive": false, "value": -0.018266, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.256438, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.058108, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.035655, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.213905, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.019245, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 1.253477, "read": "Demand-led" } ], "volume": { "latest": 1011476, "relative_activity": 1.125986, "balance": 1.253477, "dry_up": 0.878977, "accumulation_observations": 4, "distribution_observations": 4 }, "risk": { "range_context": 0.122004, "annualized_volatility": 0.506894, "from_high_reference": -0.197085, "from_low_reference": 1.134884 }, "levels": { "trend_reference": 13.365, "fair_value_reference": 10.959551, "structural_low": 10.86, "invalidation": "Reclaiming a flat-to-rising Trend with improving relative strength is required before the declining diagnosis is repaired." }, "outcomes": [ { "horizon": "Near term", "sample_count": 13, "median_return": -0.081857, "positive_rate": 0.384615, "directional_follow_through": 0.384615, "median_excess_return": -0.100256, "regime_survival": 0.461538, "best_return": 0.070555, "worst_return": -0.387112, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 5, "median_return": -0.147872, "positive_rate": 0.2, "directional_follow_through": 0.2, "median_excess_return": -0.131431, "regime_survival": 0.0, "best_return": 0.184739, "worst_return": -0.353819, "sufficient": true }, { "horizon": "Extended", "sample_count": 4, "median_return": -0.133822, "positive_rate": 0.25, "directional_follow_through": 0.25, "median_excess_return": -0.17553, "regime_survival": 0.0, "best_return": 0.954485, "worst_return": -0.583271, "sufficient": false }, { "horizon": "Full cycle", "sample_count": 3, "median_return": -0.410754, "positive_rate": 0.0, "directional_follow_through": 0.0, "median_excess_return": -0.538059, "regime_survival": 0.333333, "best_return": -0.291319, "worst_return": -0.67691, "sufficient": false } ], "ledger": [ { "regime": "balance", "label": "Balance", "color": "blue", "start": "2023-02-24", "end": "2023-03-24", "tenure": "Developing", "return": -0.164512, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2023-03-31", "end": "2024-01-26", "tenure": "Extended", "return": -0.697577, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2024-02-02", "end": "2024-03-08", "tenure": "Developing", "return": 0.254072, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-03-15", "end": "2024-04-26", "tenure": "Developing", "return": -0.129486, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-05-03", "end": "2024-06-28", "tenure": "Developing", "return": -0.145023, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-07-05", "end": "2024-09-06", "tenure": "Developing", "return": -0.138163, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2024-09-13", "end": "2025-05-30", "tenure": "Extended", "return": -0.522928, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-06-06", "end": "2025-06-13", "tenure": "New", "return": 0.004016, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-06-20", "end": "2025-06-27", "tenure": "New", "return": 0.044568, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-07-04", "end": "2026-01-16", "tenure": "Extended", "return": 0.598226, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-01-23", "end": "2026-05-22", "tenure": "Established", "return": 0.071429, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-05-29", "end": "2026-06-12", "tenure": "New", "return": -0.095745, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-06-19", "end": "2026-06-26", "tenure": "New", "return": 0.105845, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-07-03", "end": "2026-08-07", "tenure": "Developing", "return": -0.088683, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 15.61, "volume": 962891, "typical_volume": 1036817.05, "trend": 32.661, "fair_value": 50.309936, "relative_strength": -67.393882, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -82.226069, "energy": 89.180141, "activity_lines": [ 17.116667, 18.302727, 21.586048, 25.975849 ] }, { "date": "2023-08-25", "close": 15.67, "volume": 1263337, "typical_volume": 1053390.7, "trend": 31.449333, "fair_value": 50.081603, "relative_strength": -67.039532, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -76.553292, "energy": 89.094595, "activity_lines": [ 16.436, 17.604727, 20.657095, 24.879656 ] }, { "date": "2023-09-01", "close": 14.74, "volume": 1626217, "typical_volume": 1101058.7, "trend": 30.190667, "fair_value": 49.864103, "relative_strength": -69.301302, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -78.838681, "energy": 91.7116, "activity_lines": [ 15.654, 16.891273, 19.754714, 23.801634 ] }, { "date": "2023-09-08", "close": 12.57, "volume": 3042743, "typical_volume": 1223984.1, "trend": 28.841667, "fair_value": 49.647372, "relative_strength": -72.741975, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -86.235016, "energy": 83.808399, "activity_lines": [ 14.395333, 15.919636, 18.749429, 22.664817 ] }, { "date": "2023-09-15", "close": 12.73, "volume": 8477282, "typical_volume": 1609747.05, "trend": 27.578333, "fair_value": 49.433077, "relative_strength": -71.556532, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -80.347237, "energy": 78.817416, "activity_lines": [ 13.673333, 15.137636, 17.874714, 21.625355 ] }, { "date": "2023-09-22", "close": 11.89, "volume": 2748826, "typical_volume": 1703115.55, "trend": 26.376, "fair_value": 49.229231, "relative_strength": -71.83041, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -81.30786, "energy": 74.066669, "activity_lines": [ 12.882, 14.326909, 17.028667, 20.613204 ] }, { "date": "2023-09-29", "close": 11.17, "volume": 1647972, "typical_volume": 1685282.1, "trend": 25.164667, "fair_value": 49.009744, "relative_strength": -72.835342, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -81.389194, "energy": 76.950284, "activity_lines": [ 12.098667, 13.518545, 16.228952, 19.632172 ] }, { "date": "2023-10-06", "close": 9.84, "volume": 1816947, "typical_volume": 1721078.35, "trend": 23.989667, "fair_value": 48.776923, "relative_strength": -75.870024, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -86.172347, "energy": 88.53271, "activity_lines": [ 11.172, 12.607091, 15.37, 18.643484 ] }, { "date": "2023-10-13", "close": 9.63, "volume": 1238653, "typical_volume": 1741570.4, "trend": 22.907667, "fair_value": 48.551923, "relative_strength": -75.777053, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -81.467109, "energy": 85.023035, "activity_lines": [ 10.502, 11.813818, 14.570429, 17.717054 ] }, { "date": "2023-10-20", "close": 9.2, "volume": 1451187, "typical_volume": 1752565.25, "trend": 21.878667, "fair_value": 48.329808, "relative_strength": -75.53718, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -79.311723, "energy": 80.563918, "activity_lines": [ 9.884667, 11.127636, 13.802571, 16.832688 ] }, { "date": "2023-10-27", "close": 8.35, "volume": 1369605, "typical_volume": 1780173.0, "trend": 20.809, "fair_value": 48.103654, "relative_strength": -76.582099, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -81.656377, "energy": 73.109142, "activity_lines": [ 9.219333, 10.408545, 13.033429, 15.959871 ] }, { "date": "2023-11-03", "close": 9.37, "volume": 1385576, "typical_volume": 1749750.4, "trend": 19.793, "fair_value": 47.879872, "relative_strength": -74.706775, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -68.229068, "energy": 68.03778, "activity_lines": [ 9.13, 10.006909, 12.445429, 15.221871 ] }, { "date": "2023-11-10", "close": 8.26, "volume": 1415547, "typical_volume": 1763318.1, "trend": 18.850667, "fair_value": 47.64359, "relative_strength": -77.753879, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -77.099616, "energy": 71.289825, "activity_lines": [ 8.790667, 9.518, 11.821952, 14.477806 ] }, { "date": "2023-11-17", "close": 9.13, "volume": 1761535, "typical_volume": 1794980.0, "trend": 17.928667, "fair_value": 47.422821, "relative_strength": -75.20883, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.602406, "energy": 66.885482, "activity_lines": [ 8.846667, 9.305091, 11.347905, 13.850667 ] }, { "date": "2023-11-24", "close": 9.94, "volume": 1366177, "typical_volume": 1827037.75, "trend": 17.075, "fair_value": 47.211538, "relative_strength": -72.584523, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.679295, "energy": 62.835841, "activity_lines": [ 9.206, 9.302, 11.009429, 13.335269 ] }, { "date": "2023-12-01", "close": 9.76, "volume": 1827696, "typical_volume": 1871743.8, "trend": 16.199667, "fair_value": 47.000577, "relative_strength": -72.364647, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -51.902535, "energy": 56.212427, "activity_lines": [ 9.456, 9.316909, 10.699571, 12.863333 ] }, { "date": "2023-12-08", "close": 9.25, "volume": 924956, "typical_volume": 1873825.3, "trend": 15.663667, "fair_value": 46.794231, "relative_strength": -73.246009, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -50.981203, "energy": 53.076354, "activity_lines": [ 9.442, 9.277818, 10.38619, 12.414968 ] }, { "date": "2023-12-15", "close": 9.34, "volume": 1338771, "typical_volume": 1886046.85, "trend": 15.091333, "fair_value": 46.571603, "relative_strength": -73.01898, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -49.101658, "energy": 49.138063, "activity_lines": [ 9.466, 9.29, 10.126857, 12.006989 ] }, { "date": "2023-12-22", "close": 9.15, "volume": 729035, "typical_volume": 1882690.45, "trend": 14.566667, "fair_value": 46.355256, "relative_strength": -72.873301, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -52.211075, "energy": 50.51595, "activity_lines": [ 9.354667, 9.276727, 9.892762, 11.623677 ] }, { "date": "2023-12-29", "close": 9.41, "volume": 643059, "typical_volume": 1851900.6, "trend": 14.016, "fair_value": 46.145705, "relative_strength": -71.168684, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -48.787243, "energy": 46.449354, "activity_lines": [ 9.328667, 9.319455, 9.734238, 11.290989 ] }, { "date": "2024-01-05", "close": 12.11, "volume": 1851009, "typical_volume": 1896306.5, "trend": 13.553333, "fair_value": 45.930962, "relative_strength": -60.205918, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -19.766001, "energy": 18.230745, "activity_lines": [ 10.238, 9.849273, 9.863714, 11.168022 ] }, { "date": "2024-01-12", "close": 11.21, "volume": 1806037, "typical_volume": 1923441.5, "trend": 13.123, "fair_value": 45.703333, "relative_strength": -62.852892, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -12.890804, "energy": 16.532874, "activity_lines": [ 10.690667, 10.147091, 9.924143, 11.016839 ] }, { "date": "2024-01-19", "close": 11.71, "volume": 1435088, "typical_volume": 1913885.05, "trend": 12.772, "fair_value": 45.472821, "relative_strength": -60.715358, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": 3.95994, "energy": 20.914987, "activity_lines": [ 11.179333, 10.502364, 10.053429, 10.925677 ] }, { "date": "2024-01-26", "close": 12.23, "volume": 1022301, "typical_volume": 1812862.95, "trend": 12.466333, "fair_value": 45.243141, "relative_strength": -57.517691, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": 11.79487, "energy": 30.824998, "activity_lines": [ 11.683333, 10.889455, 10.246667, 10.89071 ] }, { "date": "2024-02-02", "close": 12.28, "volume": 861328, "typical_volume": 1432065.25, "trend": 12.224, "fair_value": 44.981538, "relative_strength": -56.069792, "stage": 4, "regime": "rotation_up", "modifier": "Structural repair", "gate": "down", "direction": 11.393662, "energy": 35.247736, "activity_lines": [ 11.998667, 11.229273, 10.446286, 10.878688 ] }, { "date": "2024-02-09", "close": 12.34, "volume": 1418606, "typical_volume": 1365554.25, "trend": 11.994667, "fair_value": 44.731667, "relative_strength": -54.660504, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 29.558824, "energy": 45.498993, "activity_lines": [ 12.142667, 11.537455, 10.653762, 10.886172 ] }, { "date": "2024-02-16", "close": 12.99, "volume": 1830789, "typical_volume": 1374695.1, "trend": 11.801, "fair_value": 44.479231, "relative_strength": -49.379457, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 35.040624, "energy": 47.925288, "activity_lines": [ 12.488, 11.916909, 10.921, 10.950387 ] }, { "date": "2024-02-23", "close": 13.46, "volume": 764690, "typical_volume": 1322082.25, "trend": 11.635, "fair_value": 44.249359, "relative_strength": -45.945151, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 47.077876, "energy": 55.02811, "activity_lines": [ 12.871333, 12.313818, 11.224333, 11.057419 ] }, { "date": "2024-03-01", "close": 15.35, "volume": 1267787, "typical_volume": 1323538.95, "trend": 11.486, "fair_value": 44.018013, "relative_strength": -36.912505, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 60.14817, "energy": 71.217215, "activity_lines": [ 13.768, 12.979455, 11.690429, 11.297097 ] }, { "date": "2024-03-08", "close": 15.4, "volume": 1212988, "typical_volume": 1311629.0, "trend": 11.469667, "fair_value": 43.782179, "relative_strength": -32.866074, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 81.074571, "energy": 85.422668, "activity_lines": [ 14.473333, 13.541455, 12.134048, 11.549613 ] }, { "date": "2024-03-15", "close": 14.21, "volume": 646177, "typical_volume": 1275457.6, "trend": 11.423, "fair_value": 43.539808, "relative_strength": -34.780243, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.793771, "energy": 78.162865, "activity_lines": [ 14.574, 13.778182, 12.43481, 11.726409 ] }, { "date": "2024-03-22", "close": 14.59, "volume": 1353734, "typical_volume": 1273865.5, "trend": 11.387, "fair_value": 43.312244, "relative_strength": -32.483998, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 63.829997, "energy": 70.654224, "activity_lines": [ 14.676667, 14.045818, 12.743857, 11.930731 ] }, { "date": "2024-03-29", "close": 17.46, "volume": 1391267, "typical_volume": 1272651.5, "trend": 11.477667, "fair_value": 43.098526, "relative_strength": -15.84573, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 83.377949, "energy": 69.037316, "activity_lines": [ 15.629333, 14.773818, 13.301381, 12.322538 ] }, { "date": "2024-04-05", "close": 16.51, "volume": 1134796, "typical_volume": 1241314.55, "trend": 11.609, "fair_value": 42.891859, "relative_strength": -16.747771, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 70.385805, "energy": 60.03982, "activity_lines": [ 15.998667, 15.224545, 13.724619, 12.647204 ] }, { "date": "2024-04-12", "close": 16.45, "volume": 763128, "typical_volume": 1211162.1, "trend": 11.733, "fair_value": 42.672436, "relative_strength": -13.764615, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.685675, "energy": 63.938429, "activity_lines": [ 16.270667, 15.586545, 14.107, 12.959527 ] }, { "date": "2024-04-19", "close": 13.32, "volume": 856711, "typical_volume": 1162612.85, "trend": 11.780667, "fair_value": 42.435577, "relative_strength": -23.320621, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 58.977232, "energy": 46.894518, "activity_lines": [ 15.429333, 15.303636, 14.160286, 13.061914 ] }, { "date": "2024-04-26", "close": 12.37, "volume": 412475, "typical_volume": 1136988.8, "trend": 11.820667, "fair_value": 42.189615, "relative_strength": -28.802866, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 29.487685, "energy": 19.399221, "activity_lines": [ 14.330667, 14.830182, 14.106143, 13.099935 ] }, { "date": "2024-05-03", "close": 15.17, "volume": 774818, "typical_volume": 1108791.15, "trend": 11.998333, "fair_value": 41.975962, "relative_strength": -10.269415, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 39.291662, "energy": 23.113129, "activity_lines": [ 14.313333, 14.877091, 14.30381, 13.316022 ] }, { "date": "2024-05-10", "close": 12.65, "volume": 808385, "typical_volume": 1112758.65, "trend": 12.099, "fair_value": 41.726474, "relative_strength": -24.423288, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 17.620797, "energy": 20.865928, "activity_lines": [ 13.608667, 14.434727, 14.233714, 13.358065 ] }, { "date": "2024-05-17", "close": 12.13, "volume": 718990, "typical_volume": 1116555.2, "trend": 12.196667, "fair_value": 41.486474, "relative_strength": -27.145109, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 0.114304, "energy": 15.678263, "activity_lines": [ 12.988, 13.946909, 14.097429, 13.360065 ] }, { "date": "2024-05-24", "close": 12.03, "volume": 606288, "typical_volume": 1054319.15, "trend": 12.319333, "fair_value": 41.251667, "relative_strength": -26.983188, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -1.521548, "energy": 15.318467, "activity_lines": [ 12.622, 13.500364, 13.938667, 13.349312 ] }, { "date": "2024-05-31", "close": 12.47, "volume": 452684, "typical_volume": 986651.5, "trend": 12.422667, "fair_value": 41.026346, "relative_strength": -21.161024, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 0.380945, "energy": 18.288891, "activity_lines": [ 12.488667, 13.173455, 13.82219, 13.359032 ] }, { "date": "2024-06-07", "close": 12.91, "volume": 1306734, "typical_volume": 980233.8, "trend": 12.577667, "fair_value": 40.806923, "relative_strength": -18.487905, "stage": 1, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -15.558477, "energy": 25.641453, "activity_lines": [ 12.495333, 12.965091, 13.741619, 13.390473 ] }, { "date": "2024-06-14", "close": 12.84, "volume": 956132, "typical_volume": 976925.35, "trend": 12.701333, "fair_value": 40.596026, "relative_strength": -19.911, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -14.969484, "energy": 16.227847, "activity_lines": [ 12.629333, 12.826727, 13.648667, 13.407398 ] }, { "date": "2024-06-21", "close": 11.93, "volume": 699355, "typical_volume": 968826.7, "trend": 12.767667, "fair_value": 40.362179, "relative_strength": -24.134716, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -21.101739, "energy": 17.31616, "activity_lines": [ 12.447333, 12.589636, 13.466143, 13.357634 ] }, { "date": "2024-06-28", "close": 12.97, "volume": 1339238, "typical_volume": 964858.3, "trend": 12.874667, "fair_value": 40.161987, "relative_strength": -15.928893, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -3.333015, "energy": 8.146932, "activity_lines": [ 12.625333, 12.623818, 13.384333, 13.370688 ] }, { "date": "2024-07-05", "close": 13.39, "volume": 478548, "typical_volume": 897246.25, "trend": 13.012667, "fair_value": 39.969167, "relative_strength": -14.827761, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -8.408083, "energy": 7.090263, "activity_lines": [ 12.880667, 12.740727, 13.339524, 13.403935 ] }, { "date": "2024-07-12", "close": 16.0, "volume": 1240333, "typical_volume": 921028.4, "trend": 13.234667, "fair_value": 39.803718, "relative_strength": 3.222401, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 42.283086, "energy": 24.520108, "activity_lines": [ 13.944667, 13.313636, 13.541381, 13.596667 ] }, { "date": "2024-07-19", "close": 14.32, "volume": 1161334, "typical_volume": 915705.75, "trend": 13.407, "fair_value": 39.626282, "relative_strength": -2.598113, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 28.462401, "energy": 24.556326, "activity_lines": [ 14.242667, 13.566, 13.571143, 13.666688 ] }, { "date": "2024-07-26", "close": 15.52, "volume": 634519, "typical_volume": 886782.3, "trend": 13.610667, "fair_value": 39.454936, "relative_strength": 9.374524, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 50.826606, "energy": 44.7124, "activity_lines": [ 14.842, 14.006182, 13.720095, 13.803011 ] }, { "date": "2024-08-02", "close": 13.9, "volume": 724851, "typical_volume": 890716.0, "trend": 13.670333, "fair_value": 39.256538, "relative_strength": 2.519975, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 43.132607, "energy": 39.00669, "activity_lines": [ 14.662, 14.090182, 13.71419, 13.821677 ] }, { "date": "2024-08-09", "close": 12.58, "volume": 844963, "typical_volume": 865277.45, "trend": 13.716, "fair_value": 39.034936, "relative_strength": -6.62123, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 3.208917, "energy": 6.591359, "activity_lines": [ 13.98, 13.900182, 13.584048, 13.751333 ] }, { "date": "2024-08-16", "close": 12.2, "volume": 966110, "typical_volume": 844019.6, "trend": 13.732333, "fair_value": 38.784167, "relative_strength": -13.118398, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -42.488999, "energy": 21.837101, "activity_lines": [ 13.225333, 13.639091, 13.427286, 13.653527 ] }, { "date": "2024-08-23", "close": 13.09, "volume": 967979, "typical_volume": 835678.75, "trend": 13.761, "fair_value": 38.508462, "relative_strength": -6.770666, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -34.713272, "energy": 26.68676, "activity_lines": [ 13.020667, 13.552727, 13.380333, 13.612086 ] }, { "date": "2024-08-30", "close": 12.88, "volume": 362511, "typical_volume": 815647.9, "trend": 13.781, "fair_value": 38.221154, "relative_strength": -6.796485, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -37.953807, "energy": 30.135949, "activity_lines": [ 12.828, 13.423636, 13.329667, 13.555247 ] }, { "date": "2024-09-06", "close": 11.54, "volume": 587215, "typical_volume": 802173.1, "trend": 13.754333, "fair_value": 37.935705, "relative_strength": -10.872729, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -63.131854, "energy": 53.980656, "activity_lines": [ 12.364667, 13.033636, 13.168381, 13.410667 ] }, { "date": "2024-09-13", "close": 12.43, "volume": 553571, "typical_volume": 809227.9, "trend": 13.735667, "fair_value": 37.640833, "relative_strength": -8.870077, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -51.070807, "energy": 45.3808, "activity_lines": [ 12.355333, 12.831455, 13.100333, 13.325226 ] }, { "date": "2024-09-20", "close": 11.28, "volume": 1114134, "typical_volume": 826193.7, "trend": 13.663, "fair_value": 37.354167, "relative_strength": -17.967437, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.904556, "energy": 54.781005, "activity_lines": [ 11.972667, 12.437636, 12.922476, 13.166796 ] }, { "date": "2024-09-27", "close": 10.05, "volume": 1023448, "typical_volume": 836946.85, "trend": 13.486333, "fair_value": 37.027821, "relative_strength": -27.133534, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -73.90109, "energy": 68.340537, "activity_lines": [ 11.241333, 11.906, 12.646, 12.933699 ] }, { "date": "2024-10-04", "close": 11.41, "volume": 1274514, "typical_volume": 864723.05, "trend": 13.353333, "fair_value": 36.651603, "relative_strength": -17.158811, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -57.479315, "energy": 56.7979, "activity_lines": [ 11.166, 11.699273, 12.511429, 12.799742 ] }, { "date": "2024-10-11", "close": 11.04, "volume": 897146, "typical_volume": 879265.95, "trend": 13.247667, "fair_value": 36.264231, "relative_strength": -20.601363, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.52471, "energy": 61.946548, "activity_lines": [ 11.065333, 11.5, 12.345048, 12.650495 ] }, { "date": "2024-10-18", "close": 12.63, "volume": 592901, "typical_volume": 886276.8, "trend": 13.182333, "fair_value": 35.871026, "relative_strength": -9.334265, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -53.182968, "energy": 38.220038, "activity_lines": [ 11.528, 11.641818, 12.33481, 12.610645 ] }, { "date": "2024-10-25", "close": 11.68, "volume": 767484, "typical_volume": 859314.3, "trend": 12.989667, "fair_value": 35.395577, "relative_strength": -16.254031, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -39.551936, "energy": 23.061357, "activity_lines": [ 11.660667, 11.61, 12.233333, 12.51372 ] }, { "date": "2024-11-01", "close": 10.95, "volume": 516859, "typical_volume": 837350.65, "trend": 12.804333, "fair_value": 34.841603, "relative_strength": -20.042991, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -48.706748, "energy": 27.099868, "activity_lines": [ 11.523333, 11.454909, 12.06819, 12.382129 ] }, { "date": "2024-11-08", "close": 11.07, "volume": 436046, "typical_volume": 824185.2, "trend": 12.625, "fair_value": 34.327692, "relative_strength": -23.342614, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -45.523814, "energy": 25.807019, "activity_lines": [ 11.366, 11.360545, 11.923476, 12.270237 ] }, { "date": "2024-11-15", "close": 9.53, "volume": 592689, "typical_volume": 786857.75, "trend": 12.498667, "fair_value": 33.905897, "relative_strength": -31.454912, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -75.438997, "energy": 59.211356, "activity_lines": [ 10.718, 11.019091, 11.63619, 12.070559 ] }, { "date": "2024-11-22", "close": 9.34, "volume": 1724261, "typical_volume": 849143.4, "trend": 12.397667, "fair_value": 33.376731, "relative_strength": -33.717034, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -73.385111, "energy": 73.641085, "activity_lines": [ 10.107333, 10.679636, 11.34719, 11.866774 ] }, { "date": "2024-11-29", "close": 8.6, "volume": 1098354, "typical_volume": 842044.45, "trend": 12.178667, "fair_value": 32.901923, "relative_strength": -39.091307, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -78.465155, "energy": 80.193549, "activity_lines": [ 9.469333, 10.261818, 11.007, 11.621763 ] }, { "date": "2024-12-06", "close": 8.0, "volume": 1882744, "typical_volume": 878114.95, "trend": 12.023667, "fair_value": 32.505256, "relative_strength": -44.8146, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -81.360831, "energy": 86.680899, "activity_lines": [ 8.836667, 9.783636, 10.644905, 11.352172 ] }, { "date": "2024-12-13", "close": 6.03, "volume": 3952790, "typical_volume": 1044028.5, "trend": 11.820333, "fair_value": 32.063526, "relative_strength": -58.377528, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -89.456957, "energy": 91.717378, "activity_lines": [ 7.744, 8.984545, 10.125286, 10.965484 ] }, { "date": "2024-12-20", "close": 6.28, "volume": 2802948, "typical_volume": 1147933.35, "trend": 11.628667, "fair_value": 31.614295, "relative_strength": -55.332485, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -80.755164, "energy": 91.063687, "activity_lines": [ 7.070667, 8.328727, 9.674667, 10.608043 ] }, { "date": "2024-12-27", "close": 6.01, "volume": 1319925, "typical_volume": 1171681.45, "trend": 11.413333, "fair_value": 31.173462, "relative_strength": -57.288222, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -77.38005, "energy": 90.199052, "activity_lines": [ 6.524, 7.710364, 9.234619, 10.245548 ] }, { "date": "2025-01-03", "close": 5.58, "volume": 5046286, "typical_volume": 1375690.25, "trend": 11.169, "fair_value": 30.768333, "relative_strength": -59.462395, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -77.311438, "energy": 90.018907, "activity_lines": [ 6.056, 7.134182, 8.784905, 9.869204 ] }, { "date": "2025-01-10", "close": 5.09, "volume": 3449200, "typical_volume": 1499751.3, "trend": 10.910667, "fair_value": 30.416346, "relative_strength": -61.706293, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -78.36794, "energy": 89.436625, "activity_lines": [ 5.626, 6.579818, 8.320048, 9.477011 ] }, { "date": "2025-01-17", "close": 5.25, "volume": 3552280, "typical_volume": 1659239.75, "trend": 10.688, "fair_value": 30.087885, "relative_strength": -61.092851, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -72.718939, "energy": 85.010155, "activity_lines": [ 5.443333, 6.161091, 7.908524, 9.111806 ] }, { "date": "2025-01-24", "close": 5.53, "volume": 1570994, "typical_volume": 1708428.7, "trend": 10.44, "fair_value": 29.747051, "relative_strength": -59.062536, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.458138, "energy": 76.326806, "activity_lines": [ 5.406, 5.899091, 7.56, 8.779032 ] }, { "date": "2025-01-31", "close": 5.11, "volume": 1107103, "typical_volume": 1736105.3, "trend": 10.164, "fair_value": 29.386603, "relative_strength": -61.082273, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -70.589094, "energy": 66.727769, "activity_lines": [ 5.278667, 5.633455, 7.200095, 8.435161 ] }, { "date": "2025-02-07", "close": 4.9, "volume": 1826367, "typical_volume": 1771716.95, "trend": 9.794, "fair_value": 29.006859, "relative_strength": -62.175936, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -71.687235, "energy": 66.028849, "activity_lines": [ 5.141333, 5.406545, 6.855048, 8.095548 ] }, { "date": "2025-02-14", "close": 7.14, "volume": 4259999, "typical_volume": 1933544.5, "trend": 9.554667, "fair_value": 28.639872, "relative_strength": -45.725108, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -51.931867, "energy": 47.929822, "activity_lines": [ 5.796, 5.654182, 6.753714, 7.924323 ] }, { "date": "2025-02-21", "close": 8.03, "volume": 2645439, "typical_volume": 2002090.75, "trend": 9.305, "fair_value": 28.239808, "relative_strength": -36.776664, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -37.197889, "energy": 26.976659, "activity_lines": [ 6.610667, 6.079273, 6.751, 7.825957 ] }, { "date": "2025-02-28", "close": 7.78, "volume": 2129797, "typical_volume": 2063723.3, "trend": 9.101, "fair_value": 27.859936, "relative_strength": -35.593868, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -27.809056, "energy": 27.158929, "activity_lines": [ 7.156667, 6.422545, 6.740571, 7.72757 ] }, { "date": "2025-03-07", "close": 7.22, "volume": 1260571, "typical_volume": 2097106.8, "trend": 8.922333, "fair_value": 27.489551, "relative_strength": -37.192038, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -22.062117, "energy": 29.166876, "activity_lines": [ 7.366, 6.636727, 6.692333, 7.606215 ] }, { "date": "2025-03-14", "close": 6.65, "volume": 1387594, "typical_volume": 2128112.3, "trend": 8.737333, "fair_value": 27.08, "relative_strength": -39.741808, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -11.619268, "energy": 23.375937, "activity_lines": [ 7.244667, 6.725273, 6.615571, 7.459613 ] }, { "date": "2025-03-21", "close": 6.31, "volume": 1252317, "typical_volume": 2164885.2, "trend": 8.511333, "fair_value": 26.691474, "relative_strength": -42.007452, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -22.711299, "energy": 15.680613, "activity_lines": [ 6.893333, 6.732545, 6.530381, 7.303011 ] }, { "date": "2025-03-28", "close": 5.71, "volume": 691705, "typical_volume": 2177668.15, "trend": 8.272333, "fair_value": 26.268013, "relative_strength": -44.990038, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -50.35792, "energy": 33.603677, "activity_lines": [ 6.397333, 6.608545, 6.410143, 7.12228 ] }, { "date": "2025-04-04", "close": 4.73, "volume": 1223959, "typical_volume": 2209231.65, "trend": 8.045333, "fair_value": 25.819103, "relative_strength": -48.25057, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.659955, "energy": 60.396415, "activity_lines": [ 5.729333, 6.298, 6.222095, 6.893742 ] }, { "date": "2025-04-11", "close": 4.69, "volume": 1953945, "typical_volume": 2220715.85, "trend": 7.787333, "fair_value": 25.373205, "relative_strength": -51.077371, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -72.566928, "energy": 72.981917, "activity_lines": [ 5.251333, 5.994727, 6.053095, 6.677269 ] }, { "date": "2025-04-18", "close": 5.1, "volume": 1152058, "typical_volume": 2223401.05, "trend": 7.581333, "fair_value": 24.963654, "relative_strength": -44.512912, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.305112, "energy": 69.792413, "activity_lines": [ 5.078667, 5.773636, 5.945286, 6.503892 ] }, { "date": "2025-04-25", "close": 5.58, "volume": 966941, "typical_volume": 2177610.9, "trend": 7.432333, "fair_value": 24.586603, "relative_strength": -42.027482, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -59.9146, "energy": 63.249191, "activity_lines": [ 5.169333, 5.636182, 5.899857, 6.374774 ] }, { "date": "2025-05-02", "close": 5.95, "volume": 597949, "typical_volume": 2009868.85, "trend": 7.250333, "fair_value": 24.25641, "relative_strength": -38.921774, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -54.130133, "energy": 37.949174, "activity_lines": [ 5.432, 5.594364, 5.90119, 6.27914 ] }, { "date": "2025-05-09", "close": 5.27, "volume": 746988, "typical_volume": 1907070.85, "trend": 7.058, "fair_value": 23.970449, "relative_strength": -44.849369, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -54.79082, "energy": 31.52908, "activity_lines": [ 5.452, 5.466727, 5.838143, 6.151376 ] }, { "date": "2025-05-16", "close": 5.75, "volume": 574376, "typical_volume": 1869793.4, "trend": 6.828667, "fair_value": 23.73891, "relative_strength": -42.798014, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -38.012092, "energy": 21.443524, "activity_lines": [ 5.596, 5.472, 5.825619, 6.066989 ] }, { "date": "2025-05-23", "close": 5.81, "volume": 547863, "typical_volume": 1644872.25, "trend": 6.633, "fair_value": 23.523141, "relative_strength": -39.907981, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -34.602152, "energy": 17.55013, "activity_lines": [ 5.689333, 5.514909, 5.820048, 6.001269 ] }, { "date": "2025-05-30", "close": 5.93, "volume": 413957, "typical_volume": 1493110.1, "trend": 6.465667, "fair_value": 23.283462, "relative_strength": -38.815881, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -33.076586, "energy": 16.091941, "activity_lines": [ 5.775333, 5.594909, 5.82481, 5.955914 ] }, { "date": "2025-06-06", "close": 7.47, "volume": 826131, "typical_volume": 1356802.65, "trend": 6.345667, "fair_value": 23.069423, "relative_strength": -23.397464, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 23.335505, "energy": 23.625741, "activity_lines": [ 6.351333, 5.961818, 5.972238, 6.02071 ] }, { "date": "2025-06-13", "close": 7.5, "volume": 1585746, "typical_volume": 1357540.25, "trend": 6.278, "fair_value": 22.856282, "relative_strength": -21.615411, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 42.836485, "energy": 47.747326, "activity_lines": [ 6.836, 6.302182, 6.111952, 6.095183 ] }, { "date": "2025-06-20", "close": 7.18, "volume": 527077, "typical_volume": 1328538.95, "trend": 6.206, "fair_value": 22.613782, "relative_strength": -24.026651, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 35.471659, "energy": 56.254395, "activity_lines": [ 7.065333, 6.534, 6.21181, 6.153376 ] }, { "date": "2025-06-27", "close": 7.5, "volume": 714979, "typical_volume": 1272969.55, "trend": 6.169333, "fair_value": 22.343718, "relative_strength": -22.682782, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 68.015148, "energy": 74.131154, "activity_lines": [ 7.306, 6.778727, 6.332286, 6.23686 ] }, { "date": "2025-07-04", "close": 7.89, "volume": 579805, "typical_volume": 1088959.85, "trend": 6.165667, "fair_value": 22.05609, "relative_strength": -18.707017, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 73.633706, "energy": 77.968571, "activity_lines": [ 7.564, 7.050727, 6.477524, 6.347871 ] }, { "date": "2025-07-11", "close": 6.56, "volume": 808520, "typical_volume": 997113.9, "trend": 6.183333, "fair_value": 21.769231, "relative_strength": -30.582025, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 59.951015, "energy": 48.837313, "activity_lines": [ 7.248, 7.038909, 6.492524, 6.373312 ] }, { "date": "2025-07-18", "close": 7.54, "volume": 915149, "typical_volume": 936381.5, "trend": 6.225333, "fair_value": 21.508013, "relative_strength": -19.687625, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.399425, "energy": 42.270908, "activity_lines": [ 7.319333, 7.194182, 6.607857, 6.460839 ] }, { "date": "2025-07-25", "close": 7.4, "volume": 958943, "typical_volume": 921300.1, "trend": 6.271667, "fair_value": 21.201923, "relative_strength": -19.991074, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 58.595247, "energy": 36.847016, "activity_lines": [ 7.341333, 7.282727, 6.711, 6.536624 ] }, { "date": "2025-08-01", "close": 7.11, "volume": 1071404, "typical_volume": 905490.6, "trend": 6.322667, "fair_value": 20.792628, "relative_strength": -19.660676, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 42.879626, "energy": 24.638604, "activity_lines": [ 7.252, 7.288545, 6.785667, 6.59071 ] }, { "date": "2025-08-08", "close": 6.9, "volume": 527776, "typical_volume": 869263.55, "trend": 6.383, "fair_value": 20.401026, "relative_strength": -23.355473, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 40.682393, "energy": 24.611209, "activity_lines": [ 7.118667, 7.232545, 6.838143, 6.627957 ] }, { "date": "2025-08-15", "close": 8.0, "volume": 885467, "typical_volume": 878951.65, "trend": 6.474667, "fair_value": 20.000192, "relative_strength": -10.247749, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 63.725924, "energy": 34.560063, "activity_lines": [ 7.418, 7.358909, 6.992571, 6.73228 ] }, { "date": "2025-08-22", "close": 8.83, "volume": 1032251, "typical_volume": 869366.25, "trend": 6.584667, "fair_value": 19.659487, "relative_strength": 1.509541, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 74.230576, "energy": 49.568058, "activity_lines": [ 7.898, 7.626545, 7.215143, 6.884237 ] }, { "date": "2025-08-29", "close": 8.4, "volume": 415550, "typical_volume": 792446.5, "trend": 6.694333, "fair_value": 19.30391, "relative_strength": -1.616877, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.008924, "energy": 59.180199, "activity_lines": [ 8.148667, 7.791818, 7.377238, 7.001355 ] }, { "date": "2025-09-05", "close": 8.85, "volume": 841450, "typical_volume": 776916.1, "trend": 6.826, "fair_value": 18.950128, "relative_strength": 4.038655, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 70.306133, "energy": 73.361288, "activity_lines": [ 8.482667, 8.016727, 7.564524, 7.14043 ] }, { "date": "2025-09-12", "close": 8.28, "volume": 842127, "typical_volume": 770675.4, "trend": 6.864, "fair_value": 18.645513, "relative_strength": -2.880114, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.511461, "energy": 69.127775, "activity_lines": [ 8.510667, 8.113455, 7.679667, 7.234237 ] }, { "date": "2025-09-19", "close": 7.64, "volume": 1367748, "typical_volume": 809165.35, "trend": 6.851, "fair_value": 18.367949, "relative_strength": -11.016798, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 56.608066, "energy": 40.568904, "activity_lines": [ 8.233333, 8.086727, 7.721, 7.284301 ] }, { "date": "2025-09-26", "close": 7.9, "volume": 2889934, "typical_volume": 916312.65, "trend": 6.855, "fair_value": 18.08609, "relative_strength": -6.634112, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 42.391553, "energy": 28.248895, "activity_lines": [ 8.066667, 8.087636, 7.779048, 7.351978 ] }, { "date": "2025-10-03", "close": 10.33, "volume": 23895375, "typical_volume": 2082362.6, "trend": 6.958667, "fair_value": 17.842628, "relative_strength": 21.68238, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 72.145281, "energy": 39.997318, "activity_lines": [ 8.772, 8.523818, 8.056, 7.576172 ] }, { "date": "2025-10-10", "close": 11.02, "volume": 2648197, "typical_volume": 2187379.3, "trend": 7.104333, "fair_value": 17.612308, "relative_strength": 33.516362, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 76.134851, "energy": 50.374774, "activity_lines": [ 9.578667, 9.032182, 8.376857, 7.838194 ] }, { "date": "2025-10-17", "close": 11.01, "volume": 2082318, "typical_volume": 2270797.35, "trend": 7.261, "fair_value": 17.384038, "relative_strength": 31.55372, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 72.373763, "energy": 71.378346, "activity_lines": [ 10.237333, 9.467636, 8.671952, 8.090172 ] }, { "date": "2025-10-24", "close": 10.51, "volume": 2616883, "typical_volume": 2360334.95, "trend": 7.421, "fair_value": 17.147564, "relative_strength": 24.048428, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.857027, "energy": 72.933854, "activity_lines": [ 10.547333, 9.737455, 8.895238, 8.299785 ] }, { "date": "2025-10-31", "close": 10.96, "volume": 3019067, "typical_volume": 2432001.0, "trend": 7.628667, "fair_value": 16.954679, "relative_strength": 27.822454, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.101434, "energy": 73.330998, "activity_lines": [ 10.816, 10.043455, 9.146905, 8.528108 ] }, { "date": "2025-11-07", "close": 10.99, "volume": 1685245, "typical_volume": 2489909.4, "trend": 7.838667, "fair_value": 16.735321, "relative_strength": 32.914841, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.271778, "energy": 60.652399, "activity_lines": [ 10.890667, 10.316182, 9.384952, 8.744968 ] }, { "date": "2025-11-14", "close": 12.06, "volume": 1323477, "typical_volume": 2520334.3, "trend": 8.070667, "fair_value": 16.5125, "relative_strength": 45.960099, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 74.080623, "energy": 56.229195, "activity_lines": [ 11.278, 10.736364, 9.706762, 9.017312 ] }, { "date": "2025-11-21", "close": 12.73, "volume": 1728367, "typical_volume": 2577762.4, "trend": 8.309, "fair_value": 16.327564, "relative_strength": 58.300087, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 76.398293, "energy": 62.488303, "activity_lines": [ 11.819333, 11.22, 10.070667, 9.317914 ] }, { "date": "2025-11-28", "close": 14.12, "volume": 1240879, "typical_volume": 2599380.35, "trend": 8.581333, "fair_value": 16.128077, "relative_strength": 65.943565, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 82.651237, "energy": 75.935433, "activity_lines": [ 12.709333, 11.875455, 10.543905, 9.692817 ] }, { "date": "2025-12-05", "close": 14.6, "volume": 1641835, "typical_volume": 2635714.65, "trend": 8.892333, "fair_value": 15.954359, "relative_strength": 67.979422, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 81.882017, "energy": 86.010174, "activity_lines": [ 13.518667, 12.500364, 11.026857, 10.081118 ] }, { "date": "2025-12-12", "close": 14.73, "volume": 1276358, "typical_volume": 2651585.4, "trend": 9.191667, "fair_value": 15.758013, "relative_strength": 69.794983, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 76.280219, "energy": 85.607375, "activity_lines": [ 14.128667, 13.027091, 11.488571, 10.457742 ] }, { "date": "2025-12-19", "close": 15.39, "volume": 3062295, "typical_volume": 2751129.95, "trend": 9.511, "fair_value": 15.555, "relative_strength": 73.404995, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 77.104514, "energy": 85.626174, "activity_lines": [ 14.709333, 13.593818, 11.978238, 10.857634 ] }, { "date": "2025-12-26", "close": 16.85, "volume": 1350066, "typical_volume": 2792244.45, "trend": 9.875, "fair_value": 15.364808, "relative_strength": 83.742869, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 83.401039, "energy": 86.914549, "activity_lines": [ 15.554667, 14.346545, 12.567524, 11.331118 ] }, { "date": "2026-01-02", "close": 14.42, "volume": 1498248, "typical_volume": 2822883.5, "trend": 10.106667, "fair_value": 15.138397, "relative_strength": 57.390607, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.23271, "energy": 81.901704, "activity_lines": [ 15.315333, 14.551273, 12.878, 11.624344 ] }, { "date": "2026-01-09", "close": 13.11, "volume": 1319106, "typical_volume": 2837226.25, "trend": 10.293667, "fair_value": 14.892564, "relative_strength": 38.07749, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.647149, "energy": 57.614843, "activity_lines": [ 14.619333, 14.446727, 13.033143, 11.818108 ] }, { "date": "2026-01-16", "close": 12.61, "volume": 1382205, "typical_volume": 2885559.0, "trend": 10.474667, "fair_value": 14.65109, "relative_strength": 32.25405, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 47.547492, "energy": 39.258028, "activity_lines": [ 13.856, 14.212182, 13.120286, 11.967548 ] }, { "date": "2026-01-23", "close": 13.02, "volume": 991903, "typical_volume": 2893081.65, "trend": 10.658667, "fair_value": 14.40109, "relative_strength": 34.479037, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 36.898089, "energy": 28.683154, "activity_lines": [ 13.370667, 14.022727, 13.226429, 12.131763 ] }, { "date": "2026-01-30", "close": 12.9, "volume": 876674, "typical_volume": 2894809.0, "trend": 10.825667, "fair_value": 14.147244, "relative_strength": 31.645068, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 30.462876, "energy": 28.788007, "activity_lines": [ 13.003333, 13.794, 13.301286, 12.276366 ] }, { "date": "2026-02-06", "close": 13.51, "volume": 849191, "typical_volume": 2868881.15, "trend": 11.057333, "fair_value": 13.893846, "relative_strength": 38.480061, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 29.193059, "energy": 23.603101, "activity_lines": [ 13.102667, 13.673091, 13.412238, 12.449548 ] }, { "date": "2026-02-13", "close": 13.85, "volume": 1125043, "typical_volume": 2780636.6, "trend": 11.267667, "fair_value": 13.658077, "relative_strength": 42.13561, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 36.430186, "energy": 18.319818, "activity_lines": [ 13.376, 13.625091, 13.527619, 12.62972 ] }, { "date": "2026-02-20", "close": 13.51, "volume": 875764, "typical_volume": 1629656.05, "trend": 11.471333, "fair_value": 13.437244, "relative_strength": 35.970772, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 24.553435, "energy": 16.234179, "activity_lines": [ 13.486667, 13.528909, 13.582286, 12.774387 ] }, { "date": "2026-02-27", "close": 14.3, "volume": 953681, "typical_volume": 1544930.25, "trend": 11.711, "fair_value": 13.224359, "relative_strength": 42.907723, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 44.977719, "energy": 28.177173, "activity_lines": [ 13.800667, 13.598545, 13.697048, 12.956882 ] }, { "date": "2026-03-06", "close": 13.54, "volume": 1048272, "typical_volume": 1493227.95, "trend": 11.932333, "fair_value": 13.022115, "relative_strength": 35.774357, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 35.509793, "energy": 22.479885, "activity_lines": [ 13.776, 13.549818, 13.72381, 13.074882 ] }, { "date": "2026-03-13", "close": 12.7, "volume": 892759, "typical_volume": 1407021.75, "trend": 12.089, "fair_value": 12.833718, "relative_strength": 27.544544, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 23.741427, "energy": 13.020806, "activity_lines": [ 13.428667, 13.408545, 13.658524, 13.124409 ] }, { "date": "2026-03-20", "close": 12.51, "volume": 773399, "typical_volume": 1294738.35, "trend": 12.211667, "fair_value": 12.657051, "relative_strength": 26.944437, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 7.472124, "energy": 6.596412, "activity_lines": [ 13.072, 13.264, 13.564714, 13.15157 ] }, { "date": "2026-03-27", "close": 12.18, "volume": 653727, "typical_volume": 1243162.45, "trend": 12.337667, "fair_value": 12.475897, "relative_strength": 26.366521, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 0.128746, "energy": 11.43996, "activity_lines": [ 12.694667, 13.070364, 13.432095, 13.149527 ] }, { "date": "2026-04-03", "close": 13.14, "volume": 549322, "typical_volume": 1204454.7, "trend": 12.480667, "fair_value": 12.304679, "relative_strength": 29.475962, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 6.986965, "energy": 14.633359, "activity_lines": [ 12.726, 13.059091, 13.385238, 13.20129 ] }, { "date": "2026-04-10", "close": 14.11, "volume": 620176, "typical_volume": 1149045.15, "trend": 12.675, "fair_value": 12.160962, "relative_strength": 31.247239, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 22.319128, "energy": 11.772939, "activity_lines": [ 13.158, 13.222, 13.425619, 13.306409 ] }, { "date": "2026-04-17", "close": 14.01, "volume": 498099, "typical_volume": 1111906.15, "trend": 12.887333, "fair_value": 12.014936, "relative_strength": 21.395237, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 34.704719, "energy": 16.252124, "activity_lines": [ 13.518667, 13.344727, 13.449905, 13.392538 ] }, { "date": "2026-04-24", "close": 13.31, "volume": 585043, "typical_volume": 1059066.55, "trend": 13.067667, "fair_value": 11.872372, "relative_strength": 11.850646, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 19.831609, "energy": 14.760067, "activity_lines": [ 13.558667, 13.331091, 13.408048, 13.419806 ] }, { "date": "2026-05-01", "close": 14.35, "volume": 637511, "typical_volume": 1027124.2, "trend": 13.201667, "fair_value": 11.733462, "relative_strength": 17.60888, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 42.054345, "energy": 26.211147, "activity_lines": [ 13.892, 13.516364, 13.471381, 13.502538 ] }, { "date": "2026-05-08", "close": 15.34, "volume": 1159647, "typical_volume": 931991.8, "trend": 13.345667, "fair_value": 11.669423, "relative_strength": 17.824977, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 53.73328, "energy": 44.450707, "activity_lines": [ 14.410667, 13.866364, 13.63081, 13.640495 ] }, { "date": "2026-05-15", "close": 13.41, "volume": 1316363, "typical_volume": 930306.65, "trend": 13.425667, "fair_value": 11.585449, "relative_strength": 2.489856, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 33.873998, "energy": 29.47364, "activity_lines": [ 14.139333, 13.846545, 13.606667, 13.644645 ] }, { "date": "2026-05-22", "close": 13.95, "volume": 907335, "typical_volume": 900761.0, "trend": 13.540333, "fair_value": 11.515321, "relative_strength": 4.467896, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 35.36627, "energy": 26.698612, "activity_lines": [ 14.094667, 13.927273, 13.650333, 13.678473 ] }, { "date": "2026-05-29", "close": 13.16, "volume": 979491, "typical_volume": 883780.25, "trend": 13.613667, "fair_value": 11.433462, "relative_strength": -4.845907, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 13.041137, "energy": 8.215948, "activity_lines": [ 13.790667, 13.841636, 13.621, 13.653935 ] }, { "date": "2026-06-05", "close": 11.28, "volume": 1111225, "typical_volume": 870231.25, "trend": 13.623333, "fair_value": 11.339167, "relative_strength": -14.754929, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -66.022302, "energy": 37.157875, "activity_lines": [ 12.87, 13.402364, 13.412381, 13.503376 ] }, { "date": "2026-06-12", "close": 11.9, "volume": 885884, "typical_volume": 864930.3, "trend": 13.618, "fair_value": 11.260833, "relative_strength": -12.297899, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -59.060965, "energy": 50.899473, "activity_lines": [ 12.360667, 13.092182, 13.269143, 13.392194 ] }, { "date": "2026-06-19", "close": 12.66, "volume": 682214, "typical_volume": 855207.3, "trend": 13.615667, "fair_value": 11.199423, "relative_strength": -9.441793, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -54.341888, "energy": 50.443809, "activity_lines": [ 12.334, 12.942727, 13.203619, 13.330387 ] }, { "date": "2026-06-26", "close": 14.0, "volume": 2032862, "typical_volume": 914390.85, "trend": 13.611667, "fair_value": 11.151987, "relative_strength": 4.216204, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -38.53904, "energy": 33.863889, "activity_lines": [ 12.804, 13.063273, 13.266857, 13.355183 ] }, { "date": "2026-07-03", "close": 15.11, "volume": 1129686, "typical_volume": 914623.0, "trend": 13.628667, "fair_value": 11.123526, "relative_strength": 10.73908, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 9.848302, "energy": 7.915491, "activity_lines": [ 13.640667, 13.385818, 13.433476, 13.451849 ] }, { "date": "2026-07-10", "close": 13.7, "volume": 1059111, "typical_volume": 923790.35, "trend": 13.594333, "fair_value": 11.088141, "relative_strength": -2.070019, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 6.157652, "energy": 13.212412, "activity_lines": [ 13.877333, 13.419273, 13.45981, 13.456452 ] }, { "date": "2026-07-17", "close": 13.74, "volume": 727704, "typical_volume": 912491.5, "trend": 13.539333, "fair_value": 11.055705, "relative_strength": 1.841328, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 8.996752, "energy": 16.42677, "activity_lines": [ 13.966, 13.471818, 13.489048, 13.465849 ] }, { "date": "2026-07-24", "close": 12.78, "volume": 716673, "typical_volume": 895911.55, "trend": 13.403667, "fair_value": 11.019423, "relative_strength": -4.265469, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 5.628299, "energy": 9.050295, "activity_lines": [ 13.612, 13.378909, 13.429524, 13.41686 ] }, { "date": "2026-07-31", "close": 12.6, "volume": 702496, "typical_volume": 886398.4, "trend": 13.343, "fair_value": 10.973141, "relative_strength": -6.629442, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -20.352049, "energy": 11.356547, "activity_lines": [ 13.19, 13.264727, 13.356476, 13.365011 ] }, { "date": "2026-08-07", "close": 13.77, "volume": 1011476, "typical_volume": 898302.25, "trend": 13.365, "fair_value": 10.959551, "relative_strength": -3.565488, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 2.945032, "energy": 5.438508, "activity_lines": [ 13.251333, 13.387818, 13.395333, 13.392559 ] } ], "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." } } }