{ "ticker": { "uuid": "01689617-474a-498c-8ba8-4c879bc9cbeb", "symbol": "FUSD", "name": "Fidelity US Quality Income UCITS ETF Inc", "exchange": "MIL", "country": "IT", "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": "FTSEMIB.MI", "stage": 2, "stage_name": "Advancing", "phase": "2b", "phase_label": "Stage 2B \u00b7 Advancing", "transition": "stage_2_healthy", "transition_label": "Stage 2 trend intact", "confidence": 92.708, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Established expansion", "architecture_gate": "up", "architecture_direction": 90.474, "architecture_energy": 75.241, "architecture_maturity": 58.738, "architecture_confidence": 66.389, "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": 4.54, "rotation_up": 72.93, "upward_expansion": 87.67, "deceleration": 64.77, "rotation_down": 20.97, "downward_expansion": 12.0 }, "activity_lines": [ 11.877333, 11.767345, 11.542185, 11.317229 ], "activity_state": "Wide", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.833333 }, "latest_close": 12.088, "trend_reference": 11.05576, "distance_from_trend": 0.093367, "trend_direction": "Improving", "fair_value": 9.595075, "distance_from_fair_value": 0.259813, "fair_value_direction": "Improving", "relative_strength": -3.049834, "relative_strength_direction": "Improving", "price_momentum": 0.133124, "excess_performance": -0.037767, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.093367, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.039183, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.259813, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.069169, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.030498, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.016752, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.133124, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 1.029937, "read": "Demand-led" } ], "volume": { "latest": 16508, "relative_activity": 0.247929, "balance": 1.029937, "dry_up": 1.391306, "accumulation_observations": 2, "distribution_observations": 2 }, "risk": { "range_context": 0.014841, "annualized_volatility": 0.093415, "from_high_reference": -0.004447, "from_low_reference": 0.236723 }, "levels": { "trend_reference": 11.05576, "fair_value_reference": 9.595075, "structural_low": 10.188839, "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 31, "median_return": 0.01459, "positive_rate": 0.645161, "directional_follow_through": 0.645161, "median_excess_return": -0.016798, "regime_survival": 0.83871, "best_return": 0.065581, "worst_return": -0.068669, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 10, "median_return": 0.047321, "positive_rate": 0.8, "directional_follow_through": 0.8, "median_excess_return": -0.009648, "regime_survival": 0.9, "best_return": 0.109487, "worst_return": -0.061575, "sufficient": true }, { "horizon": "Extended", "sample_count": 5, "median_return": 0.07515, "positive_rate": 0.8, "directional_follow_through": 0.8, "median_excess_return": 0.014007, "regime_survival": 0.8, "best_return": 0.153995, "worst_return": -0.079224, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 2, "median_return": 0.111234, "positive_rate": 1.0, "directional_follow_through": 1.0, "median_excess_return": -0.075312, "regime_survival": 0.5, "best_return": 0.218381, "worst_return": 0.004087, "sufficient": false } ], "ledger": [ { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2023-12-08", "end": "2024-04-26", "tenure": "Established", "return": 0.084305, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-05-03", "end": "2024-05-17", "tenure": "New", "return": 0.023034, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-05-24", "end": "2024-08-02", "tenure": "Developing", "return": 0.009422, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-08-09", "end": "2024-08-30", "tenure": "New", "return": 0.039945, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-09-06", "end": "2025-01-03", "tenure": "Established", "return": 0.12994, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-01-10", "end": "2025-01-24", "tenure": "New", "return": 0.01406, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-01-31", "end": "2025-02-28", "tenure": "Developing", "return": -0.006867, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-03-07", "end": "2025-04-04", "tenure": "Developing", "return": -0.096065, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-04-11", "end": "2025-06-06", "tenure": "Developing", "return": 0.123288, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-06-13", "end": "2025-07-25", "tenure": "Developing", "return": 0.036759, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-08-01", "end": "2025-08-29", "tenure": "Developing", "return": 0.024441, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-09-05", "end": "2026-03-27", "tenure": "Extended", "return": 0.021452, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-04-03", "end": "2026-04-24", "tenure": "New", "return": 0.051552, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-05-01", "end": "2026-08-07", "tenure": "Established", "return": 0.106755, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 7.602778, "volume": 1464, "typical_volume": 9076.7, "trend": 7.371222, "fair_value": 7.307335, "relative_strength": -5.372008, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 61.438937, "energy": 74.010257, "activity_lines": [ 7.682772, 7.663728, 7.561092, 7.460131 ] }, { "date": "2023-08-25", "close": 7.6923, "volume": 1972, "typical_volume": 9153.0, "trend": 7.387128, "fair_value": 7.311223, "relative_strength": -5.223324, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.019335, "energy": 49.86544, "activity_lines": [ 7.678481, 7.67223, 7.586461, 7.480846 ] }, { "date": "2023-09-01", "close": 7.859919, "volume": 3531, "typical_volume": 9307.0, "trend": 7.400662, "fair_value": 7.31671, "relative_strength": -4.202676, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 81.713848, "energy": 60.185226, "activity_lines": [ 7.729801, 7.710156, 7.62466, 7.511349 ] }, { "date": "2023-09-08", "close": 7.790395, "volume": 15563, "typical_volume": 10063.15, "trend": 7.413033, "fair_value": 7.3214, "relative_strength": -3.196273, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.335028, "energy": 56.101694, "activity_lines": [ 7.757247, 7.729291, 7.652308, 7.536493 ] }, { "date": "2023-09-15", "close": 7.806585, "volume": 22881, "typical_volume": 11034.1, "trend": 7.422454, "fair_value": 7.326157, "relative_strength": -4.735844, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.761321, "energy": 58.921346, "activity_lines": [ 7.784109, 7.74905, 7.677898, 7.561883 ] }, { "date": "2023-09-22", "close": 7.630397, "volume": 2973, "typical_volume": 11068.35, "trend": 7.43322, "fair_value": 7.329111, "relative_strength": -5.338354, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 60.026707, "energy": 48.193865, "activity_lines": [ 7.74411, 7.732749, 7.683031, 7.575299 ] }, { "date": "2023-09-29", "close": 7.661825, "volume": 271, "typical_volume": 11079.4, "trend": 7.44359, "fair_value": 7.33231, "relative_strength": -3.353811, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 45.924873, "energy": 34.028653, "activity_lines": [ 7.712745, 7.720254, 7.688319, 7.590047 ] }, { "date": "2023-10-06", "close": 7.51897, "volume": 2245, "typical_volume": 10794.45, "trend": 7.456509, "fair_value": 7.334088, "relative_strength": -3.20627, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 16.516992, "energy": 17.382283, "activity_lines": [ 7.635794, 7.682269, 7.677015, 7.594911 ] }, { "date": "2023-10-13", "close": 7.722778, "volume": 12499, "typical_volume": 11314.4, "trend": 7.478167, "fair_value": 7.337755, "relative_strength": -1.633803, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 35.110099, "energy": 25.123153, "activity_lines": [ 7.649508, 7.687347, 7.684565, 7.612089 ] }, { "date": "2023-10-20", "close": 7.533255, "volume": 20402, "typical_volume": 12127.95, "trend": 7.492315, "fair_value": 7.339582, "relative_strength": -0.582242, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -0.63198, "energy": 14.559526, "activity_lines": [ 7.604556, 7.657566, 7.672526, 7.615643 ] }, { "date": "2023-10-27", "close": 7.369447, "volume": 1571, "typical_volume": 10180.7, "trend": 7.503482, "fair_value": 7.339858, "relative_strength": -2.119373, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -22.707392, "energy": 32.541937, "activity_lines": [ 7.523224, 7.600752, 7.644786, 7.607716 ] }, { "date": "2023-11-03", "close": 7.64754, "volume": 3928, "typical_volume": 9816.05, "trend": 7.523918, "fair_value": 7.342681, "relative_strength": -3.018627, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 6.341579, "energy": 17.029096, "activity_lines": [ 7.551985, 7.598744, 7.644356, 7.61701 ] }, { "date": "2023-11-10", "close": 7.641826, "volume": 7884, "typical_volume": 10004.65, "trend": 7.544164, "fair_value": 7.3454, "relative_strength": -2.249261, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 6.566516, "energy": 15.792519, "activity_lines": [ 7.579795, 7.59651, 7.643318, 7.624617 ] }, { "date": "2023-11-17", "close": 7.720566, "volume": 1820, "typical_volume": 8902.5, "trend": 7.567035, "fair_value": 7.34878, "relative_strength": -4.320596, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 36.019993, "energy": 16.189983, "activity_lines": [ 7.62566, 7.612558, 7.649208, 7.635998 ] }, { "date": "2023-11-24", "close": 7.788584, "volume": 4045, "typical_volume": 8657.35, "trend": 7.592173, "fair_value": 7.352707, "relative_strength": -2.978935, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 50.562548, "energy": 33.75193, "activity_lines": [ 7.694346, 7.642243, 7.6613, 7.650292 ] }, { "date": "2023-12-01", "close": 7.874806, "volume": 32046, "typical_volume": 9828.1, "trend": 7.620185, "fair_value": 7.357327, "relative_strength": -3.238348, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 69.735523, "energy": 51.032843, "activity_lines": [ 7.77475, 7.687931, 7.680635, 7.668526 ] }, { "date": "2023-12-08", "close": 7.950489, "volume": 1415, "typical_volume": 9691.85, "trend": 7.65072, "fair_value": 7.362531, "relative_strength": -3.544026, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 77.699169, "energy": 74.402347, "activity_lines": [ 7.846692, 7.742937, 7.705515, 7.689836 ] }, { "date": "2023-12-15", "close": 8.143047, "volume": 22228, "typical_volume": 10659.4, "trend": 7.67541, "fair_value": 7.369318, "relative_strength": -0.875096, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 88.112672, "energy": 87.221731, "activity_lines": [ 7.962623, 7.827704, 7.747485, 7.721599 ] }, { "date": "2023-12-22", "close": 8.104725, "volume": 3022, "typical_volume": 8848.35, "trend": 7.698918, "fair_value": 7.375657, "relative_strength": -1.05113, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 80.421888, "energy": 89.483477, "activity_lines": [ 8.032365, 7.894157, 7.784408, 7.749297 ] }, { "date": "2023-12-29", "close": 8.090356, "volume": 5218, "typical_volume": 8348.9, "trend": 7.71819, "fair_value": 7.381766, "relative_strength": -0.980854, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 71.877951, "energy": 86.943432, "activity_lines": [ 8.071707, 7.951053, 7.818038, 7.774551 ] }, { "date": "2024-01-05", "close": 8.099936, "volume": 9628, "typical_volume": 8757.1, "trend": 7.73677, "fair_value": 7.387852, "relative_strength": -0.997989, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 69.885961, "energy": 86.819014, "activity_lines": [ 8.094124, 7.999562, 7.850648, 7.79918 ] }, { "date": "2024-01-12", "close": 8.14209, "volume": 8454, "typical_volume": 9081.2, "trend": 7.753694, "fair_value": 7.39419, "relative_strength": -0.483028, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 73.386689, "energy": 85.914595, "activity_lines": [ 8.115584, 8.042453, 7.884905, 7.825329 ] }, { "date": "2024-01-19", "close": 8.166039, "volume": 3541, "typical_volume": 9081.7, "trend": 7.775172, "fair_value": 7.400622, "relative_strength": 0.467471, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 75.273092, "energy": 82.163965, "activity_lines": [ 8.132253, 8.080707, 7.919301, 7.851932 ] }, { "date": "2024-01-26", "close": 8.38159, "volume": 1129, "typical_volume": 8360.0, "trend": 7.799131, "fair_value": 7.40873, "relative_strength": 2.775051, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 92.308599, "energy": 91.660998, "activity_lines": [ 8.21924, 8.148621, 7.972769, 7.891056 ] }, { "date": "2024-02-02", "close": 8.426616, "volume": 16966, "typical_volume": 8064.25, "trend": 7.827181, "fair_value": 7.417073, "relative_strength": 2.203335, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 91.763693, "energy": 96.241789, "activity_lines": [ 8.302778, 8.212702, 8.027709, 7.931539 ] }, { "date": "2024-02-09", "close": 8.514751, "volume": 7915, "typical_volume": 8311.35, "trend": 7.860157, "fair_value": 7.425997, "relative_strength": 1.811655, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 91.085746, "energy": 96.400243, "activity_lines": [ 8.393277, 8.281208, 8.088091, 7.975898 ] }, { "date": "2024-02-16", "close": 8.627499, "volume": 22888, "typical_volume": 9442.2, "trend": 7.89146, "fair_value": 7.435687, "relative_strength": 1.281693, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 92.808503, "energy": 97.335667, "activity_lines": [ 8.493704, 8.358578, 8.154999, 8.025404 ] }, { "date": "2024-02-23", "close": 8.669877, "volume": 13101, "typical_volume": 9985.0, "trend": 7.918809, "fair_value": 7.44556, "relative_strength": -1.196685, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 87.287508, "energy": 95.351698, "activity_lines": [ 8.575897, 8.431344, 8.221345, 8.075624 ] }, { "date": "2024-03-01", "close": 8.712252, "volume": 17747, "typical_volume": 10247.4, "trend": 7.952528, "fair_value": 7.455613, "relative_strength": -1.418739, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 84.867535, "energy": 94.341371, "activity_lines": [ 8.638626, 8.502236, 8.286246, 8.126814 ] }, { "date": "2024-03-08", "close": 8.688174, "volume": 8672, "typical_volume": 9660.9, "trend": 7.98598, "fair_value": 7.465318, "relative_strength": -3.065365, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 73.793904, "energy": 90.019428, "activity_lines": [ 8.671284, 8.557704, 8.344142, 8.174275 ] }, { "date": "2024-03-15", "close": 8.68625, "volume": 5173, "typical_volume": 9841.0, "trend": 8.022096, "fair_value": 7.474857, "relative_strength": -4.470142, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 69.978738, "energy": 83.044164, "activity_lines": [ 8.685864, 8.601952, 8.396355, 8.219454 ] }, { "date": "2024-03-22", "close": 8.909689, "volume": 3620, "typical_volume": 9825.6, "trend": 8.062676, "fair_value": 7.48598, "relative_strength": -3.060163, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 93.514274, "energy": 80.003027, "activity_lines": [ 8.76349, 8.676166, 8.463578, 8.276718 ] }, { "date": "2024-03-29", "close": 8.976144, "volume": 6106, "typical_volume": 9736.7, "trend": 8.099883, "fair_value": 7.497443, "relative_strength": -3.470293, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 91.830636, "energy": 76.747685, "activity_lines": [ 8.844455, 8.748506, 8.53112, 8.335652 ] }, { "date": "2024-04-05", "close": 8.803747, "volume": 1893, "typical_volume": 9740.35, "trend": 8.133662, "fair_value": 7.507414, "relative_strength": -3.269645, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.203124, "energy": 67.968995, "activity_lines": [ 8.847537, 8.774772, 8.575888, 8.381062 ] }, { "date": "2024-04-12", "close": 8.843234, "volume": 5112, "typical_volume": 9793.7, "trend": 8.168217, "fair_value": 7.517534, "relative_strength": -2.191961, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.852719, "energy": 67.484951, "activity_lines": [ 8.857681, 8.800542, 8.61926, 8.426841 ] }, { "date": "2024-04-19", "close": 8.595717, "volume": 11341, "typical_volume": 8758.45, "trend": 8.200394, "fair_value": 7.525641, "relative_strength": -5.371458, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.772394, "energy": 61.025947, "activity_lines": [ 8.774983, 8.773734, 8.634036, 8.454422 ] }, { "date": "2024-04-26", "close": 8.620757, "volume": 1147, "typical_volume": 8745.05, "trend": 8.232358, "fair_value": 7.533813, "relative_strength": -5.949998, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 45.990889, "energy": 41.189329, "activity_lines": [ 8.706666, 8.750006, 8.647765, 8.481542 ] }, { "date": "2024-05-03", "close": 8.730552, "volume": 984, "typical_volume": 7682.85, "trend": 8.272744, "fair_value": 7.542678, "relative_strength": -3.01005, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 41.301995, "energy": 32.020073, "activity_lines": [ 8.69421, 8.746364, 8.668758, 8.513683 ] }, { "date": "2024-05-10", "close": 8.903913, "volume": 2489, "typical_volume": 7656.2, "trend": 8.312116, "fair_value": 7.552687, "relative_strength": -4.016028, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 61.156057, "energy": 39.3141, "activity_lines": [ 8.755914, 8.773139, 8.703464, 8.554404 ] }, { "date": "2024-05-17", "close": 8.931651, "volume": 10369, "typical_volume": 7913.75, "trend": 8.358729, "fair_value": 7.562753, "relative_strength": -5.622194, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 74.892306, "energy": 55.144689, "activity_lines": [ 8.820186, 8.801472, 8.737006, 8.594374 ] }, { "date": "2024-05-24", "close": 8.937458, "volume": 4576, "typical_volume": 7661.15, "trend": 8.410996, "fair_value": 7.572714, "relative_strength": -2.949867, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 72.558583, "energy": 62.546873, "activity_lines": [ 8.8805, 8.826434, 8.767095, 8.631711 ] }, { "date": "2024-05-31", "close": 8.877449, "volume": 7159, "typical_volume": 7596.4, "trend": 8.451993, "fair_value": 7.582101, "relative_strength": -3.464158, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 62.47536, "energy": 59.902724, "activity_lines": [ 8.898027, 8.835918, 8.78748, 8.661805 ] }, { "date": "2024-06-07", "close": 9.079737, "volume": 17303, "typical_volume": 8284.5, "trend": 8.499923, "fair_value": 7.592798, "relative_strength": -1.63146, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 80.86069, "energy": 76.461125, "activity_lines": [ 8.965871, 8.882768, 8.82363, 8.702305 ] }, { "date": "2024-06-14", "close": 9.275251, "volume": 21561, "typical_volume": 9306.1, "trend": 8.551746, "fair_value": 7.60473, "relative_strength": 6.547387, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 90.164166, "energy": 88.895535, "activity_lines": [ 9.075608, 8.963283, 8.874049, 8.752326 ] }, { "date": "2024-06-21", "close": 9.415593, "volume": 7125, "typical_volume": 8814.05, "trend": 8.60598, "fair_value": 7.617483, "relative_strength": 6.0206, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 92.161565, "energy": 94.916754, "activity_lines": [ 9.207369, 9.060741, 8.933578, 8.808058 ] }, { "date": "2024-06-28", "close": 9.336227, "volume": 6790, "typical_volume": 8757.8, "trend": 8.654694, "fair_value": 7.629502, "relative_strength": 5.541002, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 77.178703, "energy": 91.1476, "activity_lines": [ 9.280412, 9.133363, 8.980839, 8.855171 ] }, { "date": "2024-07-05", "close": 9.233632, "volume": 4382, "typical_volume": 7832.5, "trend": 8.697465, "fair_value": 7.640642, "relative_strength": 1.830106, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.909156, "energy": 87.482556, "activity_lines": [ 9.292672, 9.173867, 9.014417, 8.892522 ] }, { "date": "2024-07-12", "close": 9.408818, "volume": 3035, "typical_volume": 7329.2, "trend": 8.739657, "fair_value": 7.652836, "relative_strength": 1.912748, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 79.218783, "energy": 89.669298, "activity_lines": [ 9.339582, 9.23508, 9.061794, 8.938415 ] }, { "date": "2024-07-19", "close": 9.318805, "volume": 1795, "typical_volume": 6531.6, "trend": 8.780127, "fair_value": 7.664247, "relative_strength": 1.971157, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.190664, "energy": 70.151957, "activity_lines": [ 9.334549, 9.267595, 9.097079, 8.97578 ] }, { "date": "2024-07-26", "close": 9.308158, "volume": 12027, "typical_volume": 6699.35, "trend": 8.82072, "fair_value": 7.67543, "relative_strength": 3.003349, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.597407, "energy": 62.786906, "activity_lines": [ 9.323064, 9.290631, 9.128462, 9.009846 ] }, { "date": "2024-08-02", "close": 9.021663, "volume": 40766, "typical_volume": 8479.0, "trend": 8.851444, "fair_value": 7.684526, "relative_strength": 5.329697, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 46.979972, "energy": 43.979326, "activity_lines": [ 9.223242, 9.254731, 9.129607, 9.02281 ] }, { "date": "2024-08-09", "close": 9.025536, "volume": 11056, "typical_volume": 8850.8, "trend": 8.880893, "fair_value": 7.693526, "relative_strength": 6.067658, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 33.029686, "energy": 25.222653, "activity_lines": [ 9.145682, 9.218004, 9.129524, 9.034042 ] }, { "date": "2024-08-16", "close": 9.310244, "volume": 6617, "typical_volume": 8876.35, "trend": 8.919033, "fair_value": 7.704304, "relative_strength": 5.184562, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 46.223284, "energy": 27.713529, "activity_lines": [ 9.176898, 9.23035, 9.156004, 9.061742 ] }, { "date": "2024-08-23", "close": 9.31802, "volume": 3085, "typical_volume": 8935.95, "trend": 8.950247, "fair_value": 7.714991, "relative_strength": 3.33595, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 46.416732, "energy": 25.720971, "activity_lines": [ 9.217278, 9.239918, 9.181633, 9.087483 ] }, { "date": "2024-08-30", "close": 9.386062, "volume": 7204, "typical_volume": 9040.55, "trend": 8.982229, "fair_value": 7.725985, "relative_strength": 1.910439, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 66.500194, "energy": 42.639171, "activity_lines": [ 9.28039, 9.261081, 9.211295, 9.1156 ] }, { "date": "2024-09-06", "close": 9.067233, "volume": 18275, "typical_volume": 9387.25, "trend": 9.000645, "fair_value": 7.734752, "relative_strength": 1.674465, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 39.824426, "energy": 29.685859, "activity_lines": [ 9.232033, 9.224811, 9.208006, 9.121084 ] }, { "date": "2024-09-13", "close": 9.394811, "volume": 10216, "typical_volume": 9840.7, "trend": 9.026222, "fair_value": 7.745531, "relative_strength": 4.40568, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.888668, "energy": 40.299227, "activity_lines": [ 9.28983, 9.252992, 9.23367, 9.146514 ] }, { "date": "2024-09-20", "close": 9.441469, "volume": 9208, "typical_volume": 10251.9, "trend": 9.051942, "fair_value": 7.756473, "relative_strength": 4.226879, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 68.343062, "energy": 44.378479, "activity_lines": [ 9.338562, 9.286725, 9.260092, 9.173305 ] }, { "date": "2024-09-27", "close": 9.552282, "volume": 9104, "typical_volume": 10582.65, "trend": 9.079943, "fair_value": 7.767984, "relative_strength": 2.492095, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 74.081653, "energy": 54.923075, "activity_lines": [ 9.415483, 9.340013, 9.293682, 9.205585 ] }, { "date": "2024-10-04", "close": 9.59408, "volume": 16196, "typical_volume": 10874.0, "trend": 9.110139, "fair_value": 7.786397, "relative_strength": 6.296373, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 74.019112, "energy": 74.991803, "activity_lines": [ 9.490719, 9.396655, 9.328165, 9.238755 ] }, { "date": "2024-10-11", "close": 9.772937, "volume": 7551, "typical_volume": 11022.75, "trend": 9.146362, "fair_value": 7.805857, "relative_strength": 5.938429, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 81.32855, "energy": 83.687553, "activity_lines": [ 9.611707, 9.480618, 9.376528, 9.281516 ] }, { "date": "2024-10-18", "close": 9.977067, "volume": 5502, "typical_volume": 10939.9, "trend": 9.181942, "fair_value": 7.825545, "relative_strength": 5.338006, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 89.07841, "energy": 91.293538, "activity_lines": [ 9.75369, 9.588036, 9.440354, 9.33511 ] }, { "date": "2024-10-25", "close": 9.895414, "volume": 8448, "typical_volume": 10497.15, "trend": 9.212584, "fair_value": 7.844248, "relative_strength": 5.652417, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 76.174981, "energy": 88.676418, "activity_lines": [ 9.829639, 9.663308, 9.491166, 9.38114 ] }, { "date": "2024-11-01", "close": 9.734056, "volume": 11181, "typical_volume": 9978.15, "trend": 9.243594, "fair_value": 7.861677, "relative_strength": 4.125111, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.831046, "energy": 81.619106, "activity_lines": [ 9.821539, 9.698602, 9.522727, 9.414784 ] }, { "date": "2024-11-08", "close": 10.148146, "volume": 44044, "typical_volume": 11824.1, "trend": 9.287091, "fair_value": 7.88086, "relative_strength": 11.058615, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 86.337744, "energy": 86.571031, "activity_lines": [ 9.939351, 9.801621, 9.591541, 9.473142 ] }, { "date": "2024-11-15", "close": 10.101489, "volume": 9456, "typical_volume": 11957.4, "trend": 9.337284, "fair_value": 7.898583, "relative_strength": 9.073955, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 77.929269, "energy": 81.826047, "activity_lines": [ 10.004673, 9.882301, 9.652422, 9.525684 ] }, { "date": "2024-11-22", "close": 10.411499, "volume": 56228, "typical_volume": 14549.7, "trend": 9.396975, "fair_value": 7.919409, "relative_strength": 14.385501, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 88.897042, "energy": 83.028736, "activity_lines": [ 10.151428, 10.000542, 9.739184, 9.594988 ] }, { "date": "2024-11-29", "close": 10.372425, "volume": 27342, "typical_volume": 15765.05, "trend": 9.451704, "fair_value": 7.940114, "relative_strength": 13.848062, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 79.675025, "energy": 89.361518, "activity_lines": [ 10.256196, 10.093193, 9.816616, 9.65792 ] }, { "date": "2024-12-06", "close": 10.362656, "volume": 18024, "typical_volume": 16576.5, "trend": 9.500329, "fair_value": 7.959652, "relative_strength": 9.088762, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 72.310922, "energy": 88.072836, "activity_lines": [ 10.325907, 10.167141, 9.888529, 9.716691 ] }, { "date": "2024-12-13", "close": 10.300137, "volume": 14291, "typical_volume": 16689.7, "trend": 9.545945, "fair_value": 7.978578, "relative_strength": 7.792868, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.08438, "energy": 85.634971, "activity_lines": [ 10.332871, 10.214989, 9.949517, 9.768292 ] }, { "date": "2024-12-20", "close": 10.14579, "volume": 22929, "typical_volume": 15797.85, "trend": 9.586223, "fair_value": 7.996162, "relative_strength": 9.451754, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.982074, "energy": 63.547078, "activity_lines": [ 10.278254, 10.221935, 9.991082, 9.806991 ] }, { "date": "2024-12-27", "close": 10.180957, "volume": 441, "typical_volume": 15267.1, "trend": 9.629673, "fair_value": 8.013156, "relative_strength": 8.322312, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 60.949466, "energy": 53.806183, "activity_lines": [ 10.232406, 10.228497, 10.030643, 9.845361 ] }, { "date": "2025-01-03", "close": 10.245431, "volume": 11288, "typical_volume": 15500.65, "trend": 9.66853, "fair_value": 8.031297, "relative_strength": 8.854101, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 49.75154, "energy": 44.569479, "activity_lines": [ 10.223419, 10.243074, 10.070842, 9.885088 ] }, { "date": "2025-01-10", "close": 10.143837, "volume": 22514, "typical_volume": 16472.1, "trend": 9.697482, "fair_value": 8.049538, "relative_strength": 4.660406, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 44.929651, "energy": 36.269533, "activity_lines": [ 10.189033, 10.232816, 10.096913, 9.915753 ] }, { "date": "2025-01-17", "close": 10.376331, "volume": 14588, "typical_volume": 16841.3, "trend": 9.729507, "fair_value": 8.070203, "relative_strength": 3.463347, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 60.132092, "energy": 44.779666, "activity_lines": [ 10.246733, 10.257378, 10.141193, 9.959549 ] }, { "date": "2025-01-24", "close": 10.286459, "volume": 13430, "typical_volume": 16599.05, "trend": 9.761181, "fair_value": 8.090533, "relative_strength": 2.698148, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 59.389373, "energy": 44.933938, "activity_lines": [ 10.269397, 10.261452, 10.172198, 9.995482 ] }, { "date": "2025-01-31", "close": 10.329442, "volume": 11124, "typical_volume": 16644.45, "trend": 9.797708, "fair_value": 8.111232, "relative_strength": 2.297773, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 62.057452, "energy": 45.597154, "activity_lines": [ 10.29701, 10.269977, 10.201491, 10.032144 ] }, { "date": "2025-02-07", "close": 10.284506, "volume": 24072, "typical_volume": 17387.65, "trend": 9.826898, "fair_value": 8.131138, "relative_strength": 0.218002, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 59.312027, "energy": 47.255247, "activity_lines": [ 10.299745, 10.271824, 10.222054, 10.06355 ] }, { "date": "2025-02-14", "close": 10.270829, "volume": 11034, "typical_volume": 17484.15, "trend": 9.858632, "fair_value": 8.15105, "relative_strength": -2.335254, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 55.138851, "energy": 40.542008, "activity_lines": [ 10.295316, 10.272783, 10.2373, 10.092191 ] }, { "date": "2025-02-21", "close": 10.37624, "volume": 4096, "typical_volume": 16879.15, "trend": 9.894235, "fair_value": 8.172352, "relative_strength": -2.504009, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.091736, "energy": 46.310501, "activity_lines": [ 10.317558, 10.294577, 10.259164, 10.125585 ] }, { "date": "2025-02-28", "close": 10.258506, "volume": 115020, "typical_volume": 22252.6, "trend": 9.935463, "fair_value": 8.191577, "relative_strength": -4.199398, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 52.350972, "energy": 34.749127, "activity_lines": [ 10.300562, 10.293582, 10.26609, 10.149086 ] }, { "date": "2025-03-07", "close": 9.549162, "volume": 8255, "typical_volume": 22390.25, "trend": 9.952917, "fair_value": 8.206697, "relative_strength": -10.601874, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "up", "direction": -19.128844, "energy": 23.61578, "activity_lines": [ 10.048981, 10.161565, 10.203147, 10.124163 ] }, { "date": "2025-03-14", "close": 9.313696, "volume": 16479, "typical_volume": 22791.8, "trend": 9.953032, "fair_value": 8.219494, "relative_strength": -12.855396, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "mixed", "direction": -50.483728, "energy": 64.652344, "activity_lines": [ 9.77093, 9.998224, 10.119816, 10.082923 ] }, { "date": "2025-03-21", "close": 9.439279, "volume": 36521, "typical_volume": 24058.8, "trend": 9.957074, "fair_value": 8.231945, "relative_strength": -12.435099, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -43.103628, "energy": 75.789098, "activity_lines": [ 9.599461, 9.874656, 10.051216, 10.049778 ] }, { "date": "2025-03-28", "close": 9.554068, "volume": 5890, "typical_volume": 22151.1, "trend": 9.962674, "fair_value": 8.245439, "relative_strength": -10.618044, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -36.911896, "energy": 76.637812, "activity_lines": [ 9.521692, 9.784769, 9.994952, 10.023777 ] }, { "date": "2025-04-04", "close": 8.631823, "volume": 22025, "typical_volume": 22779.55, "trend": 9.948161, "fair_value": 8.252324, "relative_strength": -9.652465, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -94.13755, "energy": 97.183923, "activity_lines": [ 9.191319, 9.542152, 9.853684, 9.937916 ] }, { "date": "2025-04-11", "close": 8.420883, "volume": 28951, "typical_volume": 21415.7, "trend": 9.915697, "fair_value": 8.258076, "relative_strength": -10.16131, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -91.65074, "energy": 95.657943, "activity_lines": [ 8.899078, 9.291266, 9.699325, 9.839382 ] }, { "date": "2025-04-18", "close": 8.489562, "volume": 10481, "typical_volume": 20572.65, "trend": 9.883966, "fair_value": 8.264722, "relative_strength": -14.237872, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -81.671766, "energy": 91.940854, "activity_lines": [ 8.704948, 9.087568, 9.560986, 9.747373 ] }, { "date": "2025-04-25", "close": 8.711293, "volume": 44976, "typical_volume": 21920.25, "trend": 9.855933, "fair_value": 8.272784, "relative_strength": -15.111811, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.769989, "energy": 82.891499, "activity_lines": [ 8.639672, 8.956821, 9.45273, 9.671717 ] }, { "date": "2025-05-02", "close": 9.0174, "volume": 4838, "typical_volume": 21447.6, "trend": 9.836711, "fair_value": 8.283658, "relative_strength": -14.229533, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.495773, "energy": 65.064623, "activity_lines": [ 8.724963, 8.910084, 9.381491, 9.617618 ] }, { "date": "2025-05-09", "close": 9.063512, "volume": 5617, "typical_volume": 20582.0, "trend": 9.813063, "fair_value": 8.294868, "relative_strength": -15.915207, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.602394, "energy": 54.72032, "activity_lines": [ 8.861403, 8.896438, 9.320752, 9.567734 ] }, { "date": "2025-05-16", "close": 9.508317, "volume": 2486, "typical_volume": 20684.25, "trend": 9.797438, "fair_value": 8.310929, "relative_strength": -14.468069, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -42.461298, "energy": 29.401727, "activity_lines": [ 9.117332, 8.985392, 9.307528, 9.548073 ] }, { "date": "2025-05-23", "close": 9.197118, "volume": 2998, "typical_volume": 20269.75, "trend": 9.774162, "fair_value": 8.322972, "relative_strength": -14.635361, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -35.691595, "energy": 27.268071, "activity_lines": [ 9.197032, 9.018508, 9.26787, 9.509343 ] }, { "date": "2025-05-30", "close": 9.339914, "volume": 9050, "typical_volume": 19596.55, "trend": 9.761024, "fair_value": 8.336369, "relative_strength": -14.486521, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -30.400079, "energy": 26.538877, "activity_lines": [ 9.277161, 9.079705, 9.246804, 9.481327 ] }, { "date": "2025-06-06", "close": 9.459076, "volume": 13842, "typical_volume": 19559.25, "trend": 9.738055, "fair_value": 8.351694, "relative_strength": -14.318661, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -26.101951, "energy": 25.984845, "activity_lines": [ 9.355102, 9.164376, 9.240914, 9.461846 ] }, { "date": "2025-06-13", "close": 9.323173, "volume": 6520, "typical_volume": 19213.75, "trend": 9.712111, "fair_value": 8.368716, "relative_strength": -12.765956, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -26.143929, "energy": 19.365275, "activity_lines": [ 9.358298, 9.226064, 9.226449, 9.43508 ] }, { "date": "2025-06-20", "close": 9.262115, "volume": 4819, "typical_volume": 18898.5, "trend": 9.673798, "fair_value": 8.384363, "relative_strength": -12.58882, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -16.679225, "energy": 14.548595, "activity_lines": [ 9.323829, 9.26408, 9.210756, 9.406048 ] }, { "date": "2025-06-27", "close": 9.374384, "volume": 371, "typical_volume": 17713.45, "trend": 9.64053, "fair_value": 8.400034, "relative_strength": -12.381605, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -15.169497, "energy": 12.684687, "activity_lines": [ 9.343198, 9.307214, 9.210838, 9.386731 ] }, { "date": "2025-07-04", "close": 9.458092, "volume": 13031, "typical_volume": 17813.3, "trend": 9.610378, "fair_value": 8.414005, "relative_strength": -11.122199, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -5.848793, "energy": 8.854158, "activity_lines": [ 9.378651, 9.34948, 9.223226, 9.374961 ] }, { "date": "2025-07-11", "close": 9.543771, "volume": 6663, "typical_volume": 17941.65, "trend": 9.585166, "fair_value": 8.42846, "relative_strength": -11.121412, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 4.743336, "energy": 23.06708, "activity_lines": [ 9.434785, 9.393745, 9.247644, 9.370664 ] }, { "date": "2025-07-18", "close": 9.614676, "volume": 9025, "typical_volume": 12641.9, "trend": 9.567462, "fair_value": 8.442597, "relative_strength": -10.764059, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 11.191903, "energy": 38.599395, "activity_lines": [ 9.508908, 9.441332, 9.28278, 9.372567 ] }, { "date": "2025-07-25", "close": 9.665886, "volume": 7840, "typical_volume": 12621.15, "trend": 9.550293, "fair_value": 8.455924, "relative_strength": -10.957579, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 33.887331, "energy": 57.114151, "activity_lines": [ 9.580668, 9.488209, 9.325858, 9.378917 ] }, { "date": "2025-08-01", "close": 9.639297, "volume": 14565, "typical_volume": 12525.45, "trend": 9.530088, "fair_value": 8.468742, "relative_strength": -9.196938, "stage": 4, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 28.844969, "energy": 55.067663, "activity_lines": [ 9.616646, 9.527387, 9.365848, 9.38466 ] }, { "date": "2025-08-08", "close": 9.746641, "volume": 12316, "typical_volume": 11315.2, "trend": 9.516848, "fair_value": 8.481666, "relative_strength": -11.574911, "stage": 4, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 45.800582, "energy": 60.648911, "activity_lines": [ 9.670745, 9.578042, 9.41451, 9.398631 ] }, { "date": "2025-08-15", "close": 9.887468, "volume": 6002, "typical_volume": 11320.8, "trend": 9.500553, "fair_value": 8.494072, "relative_strength": -12.144571, "stage": 4, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 55.049132, "energy": 72.955179, "activity_lines": [ 9.75255, 9.646907, 9.475122, 9.422542 ] }, { "date": "2025-08-22", "close": 9.903571, "volume": 17809, "typical_volume": 11110.0, "trend": 9.48779, "fair_value": 8.507065, "relative_strength": -13.028558, "stage": 4, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 52.614025, "energy": 78.395954, "activity_lines": [ 9.816809, 9.71091, 9.535679, 9.448543 ] }, { "date": "2025-08-29", "close": 9.87489, "volume": 2767, "typical_volume": 9800.8, "trend": 9.472638, "fair_value": 8.521951, "relative_strength": -10.736084, "stage": 4, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 71.903203, "energy": 87.45086, "activity_lines": [ 9.852248, 9.759147, 9.587449, 9.473517 ] }, { "date": "2025-09-05", "close": 9.980711, "volume": 617, "typical_volume": 9307.6, "trend": 9.462512, "fair_value": 8.537014, "relative_strength": -8.28597, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 79.766004, "energy": 90.908409, "activity_lines": [ 9.909027, 9.815482, 9.642373, 9.506296 ] }, { "date": "2025-09-12", "close": 10.01038, "volume": 7232, "typical_volume": 7420.4, "trend": 9.45383, "fair_value": 8.552267, "relative_strength": -9.787105, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 78.112747, "energy": 89.948942, "activity_lines": [ 9.952935, 9.866187, 9.693022, 9.541642 ] }, { "date": "2025-09-19", "close": 10.022248, "volume": 5515, "typical_volume": 7454.25, "trend": 9.44203, "fair_value": 8.569763, "relative_strength": -8.850287, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 74.618228, "energy": 84.521009, "activity_lines": [ 9.983216, 9.909009, 9.738615, 9.578314 ] }, { "date": "2025-09-26", "close": 10.053895, "volume": 26687, "typical_volume": 8507.75, "trend": 9.43521, "fair_value": 8.588782, "relative_strength": -9.013875, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 74.831647, "energy": 80.972987, "activity_lines": [ 10.015061, 9.948885, 9.782437, 9.61779 ] }, { "date": "2025-10-03", "close": 10.208175, "volume": 10683, "typical_volume": 8917.6, "trend": 9.457177, "fair_value": 8.608371, "relative_strength": -8.588112, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 86.244769, "energy": 82.783748, "activity_lines": [ 10.088311, 10.008826, 9.836237, 9.667658 ] }, { "date": "2025-10-10", "close": 10.101366, "volume": 3539, "typical_volume": 8944.65, "trend": 9.483433, "fair_value": 8.627539, "relative_strength": -6.631178, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.04648, "energy": 65.528236, "activity_lines": [ 10.103739, 10.039488, 9.876531, 9.709219 ] }, { "date": "2025-10-17", "close": 10.059828, "volume": 37750, "typical_volume": 10379.65, "trend": 9.504118, "fair_value": 8.646333, "relative_strength": -6.070999, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.692094, "energy": 62.792375, "activity_lines": [ 10.097278, 10.054195, 9.908564, 9.746406 ] }, { "date": "2025-10-24", "close": 10.265535, "volume": 4756, "typical_volume": 9925.35, "trend": 9.527833, "fair_value": 8.665162, "relative_strength": -5.490687, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 79.264262, "energy": 67.44337, "activity_lines": [ 10.156089, 10.10061, 9.956759, 9.795529 ] }, { "date": "2025-10-31", "close": 10.42377, "volume": 9514, "typical_volume": 10075.05, "trend": 9.587565, "fair_value": 8.685029, "relative_strength": -5.283246, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 87.160997, "energy": 72.408539, "activity_lines": [ 10.251425, 10.168921, 10.016184, 9.853332 ] }, { "date": "2025-11-07", "close": 10.178506, "volume": 4184, "typical_volume": 10043.3, "trend": 9.646152, "fair_value": 8.702273, "relative_strength": -6.514195, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.707744, "energy": 63.491505, "activity_lines": [ 10.240349, 10.183181, 10.04701, 9.891457 ] }, { "date": "2025-11-14", "close": 10.34825, "volume": 10007, "typical_volume": 10525.1, "trend": 9.708109, "fair_value": 8.721331, "relative_strength": -6.856664, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 72.307316, "energy": 65.552486, "activity_lines": [ 10.287832, 10.222782, 10.089638, 9.936753 ] }, { "date": "2025-11-21", "close": 10.266862, "volume": 12395, "typical_volume": 10493.3, "trend": 9.759961, "fair_value": 8.738654, "relative_strength": -4.189739, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.19748, "energy": 56.854053, "activity_lines": [ 10.291727, 10.240903, 10.119878, 9.972802 ] }, { "date": "2025-11-28", "close": 10.524923, "volume": 9989, "typical_volume": 10659.6, "trend": 9.810212, "fair_value": 8.75783, "relative_strength": -2.852675, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 80.027857, "energy": 61.578751, "activity_lines": [ 10.36784, 10.301281, 10.170843, 10.022154 ] }, { "date": "2025-12-05", "close": 10.524923, "volume": 25313, "typical_volume": 11474.0, "trend": 9.858925, "fair_value": 8.7779, "relative_strength": -2.603805, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 76.093636, "energy": 63.674261, "activity_lines": [ 10.42666, 10.35252, 10.217136, 10.068265 ] }, { "date": "2025-12-12", "close": 10.411773, "volume": 4912, "typical_volume": 11327.6, "trend": 9.889041, "fair_value": 8.798854, "relative_strength": -3.41252, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.243725, "energy": 57.220772, "activity_lines": [ 10.44102, 10.374622, 10.248319, 10.103932 ] }, { "date": "2025-12-19", "close": 10.409788, "volume": 13619, "typical_volume": 11280.3, "trend": 9.929463, "fair_value": 8.819878, "relative_strength": -5.617521, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.906029, "energy": 55.565043, "activity_lines": [ 10.439167, 10.392661, 10.275761, 10.137529 ] }, { "date": "2025-12-26", "close": 10.439564, "volume": 5306, "typical_volume": 10929.8, "trend": 9.966118, "fair_value": 8.84107, "relative_strength": -4.550455, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 58.832619, "energy": 50.357436, "activity_lines": [ 10.443137, 10.410506, 10.302369, 10.170439 ] }, { "date": "2026-01-02", "close": 10.413757, "volume": 7683, "typical_volume": 11013.85, "trend": 9.997941, "fair_value": 8.861328, "relative_strength": -5.873981, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 56.037728, "energy": 43.077814, "activity_lines": [ 10.426992, 10.416754, 10.32322, 10.199319 ] }, { "date": "2026-01-09", "close": 10.66785, "volume": 6668, "typical_volume": 10456.8, "trend": 10.042763, "fair_value": 8.883281, "relative_strength": -3.882356, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 77.19823, "energy": 55.156149, "activity_lines": [ 10.502955, 10.466507, 10.365764, 10.242539 ] }, { "date": "2026-01-16", "close": 10.719461, "volume": 67243, "typical_volume": 13680.6, "trend": 10.091341, "fair_value": 8.906489, "relative_strength": -3.188958, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 77.741925, "energy": 68.232758, "activity_lines": [ 10.586593, 10.521205, 10.409584, 10.286197 ] }, { "date": "2026-01-23", "close": 10.509043, "volume": 4323, "typical_volume": 13865.9, "trend": 10.129163, "fair_value": 8.927604, "relative_strength": -2.654882, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 59.439569, "energy": 51.986065, "activity_lines": [ 10.579579, 10.52781, 10.429343, 10.313145 ] }, { "date": "2026-01-30", "close": 10.499117, "volume": 30784, "typical_volume": 15043.5, "trend": 10.163864, "fair_value": 8.947124, "relative_strength": -3.827448, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 58.838291, "energy": 51.113896, "activity_lines": [ 10.56264, 10.529687, 10.44564, 10.337013 ] }, { "date": "2026-02-06", "close": 10.66785, "volume": 17654, "typical_volume": 15650.45, "trend": 10.201333, "fair_value": 8.967949, "relative_strength": -2.676048, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.786941, "energy": 51.783221, "activity_lines": [ 10.597975, 10.55802, 10.47568, 10.369528 ] }, { "date": "2026-02-13", "close": 10.63114, "volume": 12735, "typical_volume": 14952.85, "trend": 10.235216, "fair_value": 8.987867, "relative_strength": -1.770739, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.364062, "energy": 44.830977, "activity_lines": [ 10.604133, 10.577079, 10.49915, 10.397258 ] }, { "date": "2026-02-20", "close": 10.706848, "volume": 112817, "typical_volume": 20059.55, "trend": 10.269914, "fair_value": 9.009658, "relative_strength": -2.978594, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 70.383957, "energy": 51.295928, "activity_lines": [ 10.637975, 10.607973, 10.52708, 10.427686 ] }, { "date": "2026-02-27", "close": 10.659032, "volume": 40224, "typical_volume": 21893.8, "trend": 10.303906, "fair_value": 9.030865, "relative_strength": -4.613773, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.83685, "energy": 54.403046, "activity_lines": [ 10.656719, 10.624807, 10.548083, 10.45279 ] }, { "date": "2026-03-06", "close": 10.730757, "volume": 20233, "typical_volume": 21017.95, "trend": 10.336709, "fair_value": 9.053938, "relative_strength": 2.715706, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.921982, "energy": 55.040422, "activity_lines": [ 10.689372, 10.650151, 10.57326, 10.480329 ] }, { "date": "2026-03-13", "close": 10.605239, "volume": 73320, "typical_volume": 24446.15, "trend": 10.360635, "fair_value": 9.07658, "relative_strength": 1.149765, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 59.184749, "energy": 43.019491, "activity_lines": [ 10.664744, 10.647379, 10.583289, 10.497653 ] }, { "date": "2026-03-20", "close": 10.310372, "volume": 145467, "typical_volume": 31243.8, "trend": 10.374195, "fair_value": 9.097103, "relative_strength": 1.73488, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 14.017775, "energy": 9.926133, "activity_lines": [ 10.546, 10.587513, 10.563618, 10.494411 ] }, { "date": "2026-03-27", "close": 10.194817, "volume": 149448, "typical_volume": 38507.0, "trend": 10.384859, "fair_value": 9.117362, "relative_strength": -0.559088, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": -12.6003, "energy": 22.54982, "activity_lines": [ 10.410122, 10.513137, 10.533481, 10.482838 ] }, { "date": "2026-04-03", "close": 10.396043, "volume": 26172, "typical_volume": 39315.25, "trend": 10.398704, "fair_value": 9.13891, "relative_strength": -3.421056, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -14.278236, "energy": 28.34591, "activity_lines": [ 10.375456, 10.484887, 10.522431, 10.483559 ] }, { "date": "2026-04-10", "close": 10.595277, "volume": 40496, "typical_volume": 40720.3, "trend": 10.4182, "fair_value": 9.161736, "relative_strength": -5.480019, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 14.013743, "energy": 24.165882, "activity_lines": [ 10.424733, 10.494915, 10.530128, 10.496241 ] }, { "date": "2026-04-17", "close": 10.880182, "volume": 18545, "typical_volume": 41148.1, "trend": 10.446798, "fair_value": 9.186388, "relative_strength": -5.338027, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 53.960825, "energy": 22.158276, "activity_lines": [ 10.57801, 10.554996, 10.563395, 10.526047 ] }, { "date": "2026-04-24", "close": 10.931983, "volume": 65438, "typical_volume": 43154.35, "trend": 10.476068, "fair_value": 9.211372, "relative_strength": -2.435675, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 74.501841, "energy": 61.518151, "activity_lines": [ 10.730225, 10.620634, 10.599904, 10.557349 ] }, { "date": "2026-05-01", "close": 10.922021, "volume": 80611, "typical_volume": 46939.3, "trend": 10.499863, "fair_value": 9.236293, "relative_strength": -3.646568, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 71.763393, "energy": 76.012611, "activity_lines": [ 10.837679, 10.678992, 10.633525, 10.58612 ] }, { "date": "2026-05-08", "close": 11.027616, "volume": 237841, "typical_volume": 58150.4, "trend": 10.530738, "fair_value": 9.26189, "relative_strength": -4.725019, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 77.996487, "energy": 85.219066, "activity_lines": [ 10.93185, 10.752636, 10.674774, 10.620169 ] }, { "date": "2026-05-15", "close": 11.254, "volume": 37729, "typical_volume": 59771.55, "trend": 10.570543, "fair_value": 9.28658, "relative_strength": -2.38678, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 88.60378, "energy": 92.405004, "activity_lines": [ 11.059378, 10.86074, 10.73464, 10.666831 ] }, { "date": "2026-05-22", "close": 11.376, "volume": 63283, "typical_volume": 62551.55, "trend": 10.607559, "fair_value": 9.312071, "relative_strength": -2.089979, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 88.807193, "energy": 94.741481, "activity_lines": [ 11.183658, 10.981511, 10.802248, 10.718796 ] }, { "date": "2026-05-29", "close": 11.364, "volume": 74803, "typical_volume": 65958.3, "trend": 10.6389, "fair_value": 9.336762, "relative_strength": -3.174777, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 80.257065, "energy": 91.874613, "activity_lines": [ 11.270884, 11.086088, 10.864131, 10.767598 ] }, { "date": "2026-06-05", "close": 11.42, "volume": 0, "typical_volume": 62596.15, "trend": 10.680283, "fair_value": 9.361617, "relative_strength": -2.384145, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 78.41727, "energy": 91.333577, "activity_lines": [ 11.347974, 11.181689, 10.928032, 10.817992 ] }, { "date": "2026-06-12", "close": 11.432, "volume": 181, "typical_volume": 62389.05, "trend": 10.716408, "fair_value": 9.385961, "relative_strength": -5.213298, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 74.431658, "energy": 89.591172, "activity_lines": [ 11.395867, 11.257196, 10.98974, 10.86649 ] }, { "date": "2026-06-19", "close": 11.494, "volume": 8482, "typical_volume": 61273.95, "trend": 10.757313, "fair_value": 9.411425, "relative_strength": -6.995173, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 77.882073, "energy": 90.506151, "activity_lines": [ 11.437467, 11.32514, 11.052957, 10.916657 ] }, { "date": "2026-06-26", "close": 11.452, "volume": 11610, "typical_volume": 60971.75, "trend": 10.788215, "fair_value": 9.435714, "relative_strength": -4.373589, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 69.787827, "energy": 85.894983, "activity_lines": [ 11.449067, 11.369107, 11.107437, 10.961476 ] }, { "date": "2026-07-03", "close": 11.684, "volume": 6420, "typical_volume": 60656.0, "trend": 10.826851, "fair_value": 9.461989, "relative_strength": -5.170174, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 88.83756, "energy": 90.306974, "activity_lines": [ 11.532933, 11.444859, 11.180279, 11.019268 ] }, { "date": "2026-07-10", "close": 11.782, "volume": 140059, "typical_volume": 62018.1, "trend": 10.872525, "fair_value": 9.489274, "relative_strength": -3.889711, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 90.440112, "energy": 94.48607, "activity_lines": [ 11.628133, 11.524757, 11.25744, 11.080891 ] }, { "date": "2026-07-17", "close": 11.792, "volume": 12554, "typical_volume": 60634.6, "trend": 10.918599, "fair_value": 9.51558, "relative_strength": -2.360539, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 84.660663, "energy": 93.570815, "activity_lines": [ 11.702533, 11.590836, 11.330433, 11.140212 ] }, { "date": "2026-07-24", "close": 11.838, "volume": 76602, "typical_volume": 63453.05, "trend": 10.965214, "fair_value": 9.541148, "relative_strength": -1.756727, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 81.650045, "energy": 92.674847, "activity_lines": [ 11.768267, 11.651382, 11.402413, 11.199528 ] }, { "date": "2026-07-31", "close": 11.71, "volume": 264888, "typical_volume": 73031.45, "trend": 11.008422, "fair_value": 9.566848, "relative_strength": -3.375197, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.120728, "energy": 73.101108, "activity_lines": [ 11.7684, 11.678036, 11.456929, 11.247579 ] }, { "date": "2026-08-07", "close": 12.088, "volume": 16508, "typical_volume": 66583.5, "trend": 11.05576, "fair_value": 9.595075, "relative_strength": -3.049834, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 90.474471, "energy": 75.240739, "activity_lines": [ 11.877333, 11.767345, 11.542185, 11.317229 ] } ], "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." } } }