{ "ticker": { "uuid": "04c58e07-0225-4e30-a504-c0feee31978c", "symbol": "GVREIT", "name": "Golden Ventures Leasehold Real Estate Investment Trust", "exchange": "SET", "country": "TH", "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": "^SET.BK", "stage": 2, "stage_name": "Advancing", "phase": "2b", "phase_label": "Stage 2B \u00b7 Advancing", "transition": "stage_2_healthy", "transition_label": "Stage 2 trend intact", "confidence": 96.0, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Established expansion", "architecture_gate": "up", "architecture_direction": 74.046, "architecture_energy": 70.518, "architecture_maturity": 77.921, "architecture_confidence": 69.901, "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": 1.04, "rotation_up": 83.82, "upward_expansion": 90.0, "deceleration": 62.86, "rotation_down": 9.63, "downward_expansion": 12.0 }, "activity_lines": [ 8.153333, 7.930909, 7.487582, 7.187507 ], "activity_state": "Wide", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": 1.0 }, "latest_close": 8.2, "trend_reference": 6.838983, "distance_from_trend": 0.199009, "trend_direction": "Improving", "fair_value": 5.429638, "distance_from_fair_value": 0.51023, "fair_value_direction": "Improving", "relative_strength": 9.908287, "relative_strength_direction": "Improving", "price_momentum": 0.302231, "excess_performance": 0.109906, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.199009, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.084723, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.51023, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.260753, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.099083, "read": "Leading" }, { "label": "Relative strength direction", "positive": true, "value": 0.164712, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.302231, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 6.637652, "read": "Demand-led" } ], "volume": { "latest": 2287000, "relative_activity": 1.493322, "balance": 6.637652, "dry_up": 1.426083, "accumulation_observations": 5, "distribution_observations": 1 }, "risk": { "range_context": 0.033135, "annualized_volatility": 0.182669, "from_high_reference": -0.035294, "from_low_reference": 0.493975 }, "levels": { "trend_reference": 6.838983, "fair_value_reference": 5.429638, "structural_low": 6.126102, "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 25, "median_return": 0.007752, "positive_rate": 0.72, "directional_follow_through": 0.72, "median_excess_return": 0.028243, "regime_survival": 0.76, "best_return": 0.127517, "worst_return": -0.037594, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 10, "median_return": 0.038376, "positive_rate": 0.7, "directional_follow_through": 0.7, "median_excess_return": 0.070369, "regime_survival": 0.5, "best_return": 0.246529, "worst_return": -0.03072, "sufficient": true }, { "horizon": "Extended", "sample_count": 5, "median_return": 0.031281, "positive_rate": 0.8, "directional_follow_through": 0.8, "median_excess_return": -0.045937, "regime_survival": 0.2, "best_return": 0.158089, "worst_return": -0.036103, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 3, "median_return": -0.091443, "positive_rate": 0.333333, "directional_follow_through": 0.333333, "median_excess_return": -0.044103, "regime_survival": 0.0, "best_return": 0.165364, "worst_return": -0.305978, "sufficient": false } ], "ledger": [ { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2024-03-15", "end": "2024-04-12", "tenure": "Developing", "return": 0.0, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-04-19", "end": "2024-05-03", "tenure": "New", "return": 0.037736, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-05-10", "end": "2024-07-05", "tenure": "Developing", "return": -0.039895, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2024-07-12", "end": "2024-08-16", "tenure": "Developing", "return": 0.069307, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2024-08-23", "end": "2024-08-30", "tenure": "New", "return": 0.046439, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-09-06", "end": "2024-11-15", "tenure": "Developing", "return": 0.040984, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-11-22", "end": "2024-12-06", "tenure": "New", "return": 0.030075, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-12-13", "end": "2025-07-11", "tenure": "Extended", "return": 0.045991, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-07-18", "end": "2025-10-10", "tenure": "Established", "return": 0.023549, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-10-17", "end": "2026-01-30", "tenure": "Established", "return": 0.036635, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-02-06", "end": "2026-02-20", "tenure": "New", "return": 0.007519, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-02-27", "end": "2026-03-20", "tenure": "New", "return": -0.030075, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-03-27", "end": "2026-04-17", "tenure": "New", "return": 0.023438, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-04-24", "end": "2026-08-07", "tenure": "Established", "return": 0.277692, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 5.026374, "volume": 1915200, "typical_volume": 1441700.0, "trend": 6.058464, "fair_value": 6.101224, "relative_strength": -11.770214, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -90.159184, "energy": 94.073424, "activity_lines": [ 5.28343, 5.472049, 5.737581, 5.886291 ] }, { "date": "2023-08-25", "close": 5.060801, "volume": 1656900, "typical_volume": 1483345.0, "trend": 6.019195, "fair_value": 6.087816, "relative_strength": -13.374576, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -80.911227, "energy": 91.313378, "activity_lines": [ 5.170968, 5.370645, 5.655329, 5.821926 ] }, { "date": "2023-09-01", "close": 4.95567, "volume": 1163700, "typical_volume": 1529170.0, "trend": 5.969819, "fair_value": 6.073733, "relative_strength": -15.0565, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -80.603746, "energy": 91.973153, "activity_lines": [ 5.064775, 5.268905, 5.569137, 5.753311 ] }, { "date": "2023-09-08", "close": 4.672489, "volume": 1572800, "typical_volume": 1555260.0, "trend": 5.913205, "fair_value": 6.057125, "relative_strength": -18.953035, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -88.632756, "energy": 93.286354, "activity_lines": [ 4.903329, 5.132612, 5.462708, 5.669612 ] }, { "date": "2023-09-15", "close": 4.530898, "volume": 2204000, "typical_volume": 1607510.0, "trend": 5.85077, "fair_value": 6.042097, "relative_strength": -20.881711, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -87.298153, "energy": 86.567237, "activity_lines": [ 4.757295, 4.990155, 5.349431, 5.580431 ] }, { "date": "2023-09-22", "close": 4.318512, "volume": 1532600, "typical_volume": 1660895.0, "trend": 5.782357, "fair_value": 6.026418, "relative_strength": -23.322347, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -89.873146, "energy": 92.172542, "activity_lines": [ 4.580384, 4.829983, 5.22388, 5.481576 ] }, { "date": "2023-09-29", "close": 4.247716, "volume": 2131500, "typical_volume": 1709960.0, "trend": 5.711628, "fair_value": 6.012773, "relative_strength": -21.642073, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -85.674145, "energy": 93.742603, "activity_lines": [ 4.427065, 4.68358, 5.100711, 5.382567 ] }, { "date": "2023-10-06", "close": 4.106127, "volume": 1959900, "typical_volume": 1635230.0, "trend": 5.641797, "fair_value": 6.000709, "relative_strength": -22.189177, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -85.052392, "energy": 93.496082, "activity_lines": [ 4.280755, 4.537485, 4.97336, 5.278986 ] }, { "date": "2023-10-13", "close": 4.070728, "volume": 1899100, "typical_volume": 1638160.0, "trend": 5.569662, "fair_value": 5.988773, "relative_strength": -23.15952, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -79.935347, "energy": 91.839059, "activity_lines": [ 4.179281, 4.411074, 4.852613, 5.177627 ] }, { "date": "2023-10-20", "close": 3.964536, "volume": 1598200, "typical_volume": 1644375.0, "trend": 5.493987, "fair_value": 5.977223, "relative_strength": -22.094315, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -80.782594, "energy": 89.075476, "activity_lines": [ 4.082528, 4.293372, 4.732205, 5.07407 ] }, { "date": "2023-10-27", "close": 3.929139, "volume": 1952700, "typical_volume": 1672200.0, "trend": 5.411516, "fair_value": 5.966156, "relative_strength": -21.910852, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -78.153917, "energy": 82.112937, "activity_lines": [ 4.011733, 4.190418, 4.619056, 4.973112 ] }, { "date": "2023-11-03", "close": 3.964536, "volume": 2060700, "typical_volume": 1677385.0, "trend": 5.332472, "fair_value": 5.953184, "relative_strength": -22.667785, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -70.994753, "energy": 68.9656, "activity_lines": [ 3.978695, 4.11385, 4.520242, 4.879759 ] }, { "date": "2023-11-10", "close": 4.176922, "volume": 5070800, "typical_volume": 1849885.0, "trend": 5.259383, "fair_value": 5.93873, "relative_strength": -16.537876, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.704509, "energy": 66.798999, "activity_lines": [ 4.035331, 4.095829, 4.451793, 4.805207 ] }, { "date": "2023-11-17", "close": 4.106127, "volume": 2905700, "typical_volume": 1885505.0, "trend": 5.194045, "fair_value": 5.924533, "relative_strength": -19.205319, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.739831, "energy": 64.827694, "activity_lines": [ 4.06365, 4.079096, 4.384745, 4.730804 ] }, { "date": "2023-11-24", "close": 4.283115, "volume": 6441700, "typical_volume": 2175610.0, "trend": 5.130114, "fair_value": 5.909694, "relative_strength": -14.366447, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -52.150973, "energy": 53.798308, "activity_lines": [ 4.148604, 4.104839, 4.342377, 4.672034 ] }, { "date": "2023-12-01", "close": 4.176922, "volume": 5991500, "typical_volume": 2389420.0, "trend": 5.061519, "fair_value": 5.893812, "relative_strength": -15.190963, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -47.710869, "energy": 46.512279, "activity_lines": [ 4.176922, 4.115781, 4.296551, 4.610538 ] }, { "date": "2023-12-08", "close": 4.070728, "volume": 4909800, "typical_volume": 2522555.0, "trend": 4.990508, "fair_value": 5.876888, "relative_strength": -17.078272, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -53.017003, "energy": 49.256318, "activity_lines": [ 4.153323, 4.109988, 4.248262, 4.546616 ] }, { "date": "2023-12-15", "close": 4.100825, "volume": 2561000, "typical_volume": 2580560.0, "trend": 4.920499, "fair_value": 5.859796, "relative_strength": -16.752157, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -50.062829, "energy": 48.05761, "activity_lines": [ 4.132677, 4.112886, 4.210505, 4.489217 ] }, { "date": "2023-12-22", "close": 4.13744, "volume": 5476100, "typical_volume": 2848935.0, "trend": 4.849556, "fair_value": 5.842938, "relative_strength": -16.500377, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -49.076645, "energy": 47.934707, "activity_lines": [ 4.12931, 4.122537, 4.183102, 4.438697 ] }, { "date": "2023-12-29", "close": 4.174055, "volume": 3903300, "typical_volume": 2945360.0, "trend": 4.782127, "fair_value": 5.823062, "relative_strength": -16.10319, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -56.710943, "energy": 47.593349, "activity_lines": [ 4.136059, 4.137633, 4.166206, 4.395116 ] }, { "date": "2024-01-05", "close": 4.613429, "volume": 5495300, "typical_volume": 3124365.0, "trend": 4.728198, "fair_value": 5.809255, "relative_strength": -7.897565, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": 1.700538, "energy": 11.391592, "activity_lines": [ 4.296538, 4.228805, 4.195706, 4.384232 ] }, { "date": "2024-01-12", "close": 4.393742, "volume": 3198500, "typical_volume": 3201445.0, "trend": 4.671535, "fair_value": 5.796209, "relative_strength": -11.181099, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -7.354625, "energy": 18.721567, "activity_lines": [ 4.354686, 4.267593, 4.206249, 4.362655 ] }, { "date": "2024-01-19", "close": 4.466971, "volume": 3662700, "typical_volume": 3326395.0, "trend": 4.624199, "fair_value": 5.783271, "relative_strength": -7.456229, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 4.134322, "energy": 24.232616, "activity_lines": [ 4.415711, 4.311891, 4.226944, 4.349457 ] }, { "date": "2024-01-26", "close": 4.357127, "volume": 2376800, "typical_volume": 3366595.0, "trend": 4.577792, "fair_value": 5.769991, "relative_strength": -8.519384, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 0.281636, "energy": 22.837441, "activity_lines": [ 4.415711, 4.330944, 4.239503, 4.332227 ] }, { "date": "2024-02-02", "close": 4.393742, "volume": 3400400, "typical_volume": 3426415.0, "trend": 4.5349, "fair_value": 5.757306, "relative_strength": -8.489822, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -2.490567, "energy": 16.045845, "activity_lines": [ 4.41327, 4.352091, 4.257052, 4.320352 ] }, { "date": "2024-02-09", "close": 4.430357, "volume": 4260000, "typical_volume": 3562785.0, "trend": 4.489786, "fair_value": 5.745218, "relative_strength": -7.686712, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 2.302776, "energy": 14.711663, "activity_lines": [ 4.408388, 4.377883, 4.278741, 4.313608 ] }, { "date": "2024-02-16", "close": 4.393742, "volume": 5784600, "typical_volume": 3745440.0, "trend": 4.446895, "fair_value": 5.735787, "relative_strength": -7.948504, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -3.653523, "energy": 10.584487, "activity_lines": [ 4.403506, 4.392411, 4.296411, 4.307411 ] }, { "date": "2024-02-23", "close": 4.13744, "volume": 14913000, "typical_volume": 4393095.0, "trend": 4.40005, "fair_value": 5.724693, "relative_strength": -13.600646, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -31.374831, "energy": 17.391282, "activity_lines": [ 4.31319, 4.354465, 4.288975, 4.287446 ] }, { "date": "2024-03-01", "close": 3.988828, "volume": 6101400, "typical_volume": 4603210.0, "trend": 4.345956, "fair_value": 5.712277, "relative_strength": -14.32914, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -48.504092, "energy": 33.485659, "activity_lines": [ 4.195305, 4.288832, 4.267236, 4.260916 ] }, { "date": "2024-03-08", "close": 4.064806, "volume": 9458500, "typical_volume": 4996225.0, "trend": 4.310461, "fair_value": 5.698503, "relative_strength": -13.431872, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -51.3886, "energy": 40.772298, "activity_lines": [ 4.1273, 4.239717, 4.253124, 4.242777 ] }, { "date": "2024-03-15", "close": 4.026816, "volume": 3186100, "typical_volume": 5057895.0, "trend": 4.277143, "fair_value": 5.684856, "relative_strength": -13.687144, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -54.548432, "energy": 58.140736, "activity_lines": [ 4.068561, 4.18568, 4.234916, 4.224478 ] }, { "date": "2024-03-22", "close": 4.064806, "volume": 3949300, "typical_volume": 5152325.0, "trend": 4.243943, "fair_value": 5.671083, "relative_strength": -12.068397, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -51.078983, "energy": 62.193947, "activity_lines": [ 4.049387, 4.149216, 4.219861, 4.210778 ] }, { "date": "2024-03-29", "close": 4.140783, "volume": 6273900, "typical_volume": 5212480.0, "trend": 4.21678, "fair_value": 5.658165, "relative_strength": -9.718001, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -47.512135, "energy": 45.558317, "activity_lines": [ 4.077468, 4.132547, 4.211565, 4.204123 ] }, { "date": "2024-04-05", "close": 4.064806, "volume": 5404700, "typical_volume": 5337430.0, "trend": 4.196524, "fair_value": 5.64513, "relative_strength": -10.674136, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -49.674634, "energy": 37.721732, "activity_lines": [ 4.080001, 4.107994, 4.196204, 4.194318 ] }, { "date": "2024-04-12", "close": 4.026816, "volume": 1017200, "typical_volume": 5066205.0, "trend": 4.179721, "fair_value": 5.63222, "relative_strength": -12.258111, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "mixed", "direction": -35.282506, "energy": 29.15159, "activity_lines": [ 4.064805, 4.081849, 4.177422, 4.183369 ] }, { "date": "2024-04-19", "close": 4.026816, "volume": 0, "typical_volume": 4766630.0, "trend": 4.169998, "fair_value": 5.619678, "relative_strength": -7.55229, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -34.255757, "energy": 29.38291, "activity_lines": [ 4.052142, 4.062376, 4.159861, 4.173504 ] }, { "date": "2024-04-26", "close": 4.178772, "volume": 4933000, "typical_volume": 4767790.0, "trend": 4.1677, "fair_value": 5.607373, "relative_strength": -5.48288, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -13.995775, "energy": 17.631841, "activity_lines": [ 4.090131, 4.077868, 4.157487, 4.17407 ] }, { "date": "2024-05-03", "close": 4.178772, "volume": 4903100, "typical_volume": 4884895.0, "trend": 4.170121, "fair_value": 5.595068, "relative_strength": -5.604213, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -8.199664, "energy": 9.567984, "activity_lines": [ 4.120522, 4.097269, 4.154598, 4.174785 ] }, { "date": "2024-05-10", "close": 4.178772, "volume": 4071900, "typical_volume": 4814685.0, "trend": 4.173723, "fair_value": 5.58387, "relative_strength": -5.218343, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -1.181466, "energy": 8.600686, "activity_lines": [ 4.148381, 4.115918, 4.151338, 4.175343 ] }, { "date": "2024-05-17", "close": 4.216762, "volume": 3657100, "typical_volume": 4802375.0, "trend": 4.18213, "fair_value": 5.572202, "relative_strength": -4.505928, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -13.883351, "energy": 18.002662, "activity_lines": [ 4.181305, 4.13802, 4.151499, 4.17812 ] }, { "date": "2024-05-24", "close": 4.25475, "volume": 3051400, "typical_volume": 4680180.0, "trend": 4.192984, "fair_value": 5.560778, "relative_strength": -1.783904, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 22.086485, "energy": 24.319844, "activity_lines": [ 4.214229, 4.164267, 4.155074, 4.182805 ] }, { "date": "2024-05-31", "close": 4.208729, "volume": 5295000, "typical_volume": 4785005.0, "trend": 4.201124, "fair_value": 5.549059, "relative_strength": -0.935766, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 16.71184, "energy": 22.555074, "activity_lines": [ 4.216616, 4.178003, 4.155975, 4.18382 ] }, { "date": "2024-06-07", "close": 4.169395, "volume": 6046800, "typical_volume": 4904210.0, "trend": 4.200873, "fair_value": 5.536712, "relative_strength": -0.377088, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 13.867109, "energy": 20.387949, "activity_lines": [ 4.203896, 4.181969, 4.154011, 4.181773 ] }, { "date": "2024-06-14", "close": 4.169395, "volume": 8812700, "typical_volume": 5226005.0, "trend": 4.202982, "fair_value": 5.522486, "relative_strength": 2.066976, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -8.181619, "energy": 12.706691, "activity_lines": [ 4.1918, 4.185416, 4.153464, 4.179743 ] }, { "date": "2024-06-21", "close": 4.130062, "volume": 4255700, "typical_volume": 5268770.0, "trend": 4.19788, "fair_value": 5.50876, "relative_strength": 1.583666, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -29.775316, "energy": 15.932774, "activity_lines": [ 4.167219, 4.179809, 4.150064, 4.175038 ] }, { "date": "2024-06-28", "close": 4.090728, "volume": 1976400, "typical_volume": 5154590.0, "trend": 4.195007, "fair_value": 5.495157, "relative_strength": 1.464436, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -43.626795, "energy": 26.701259, "activity_lines": [ 4.135306, 4.165174, 4.144174, 4.168125 ] }, { "date": "2024-07-05", "close": 4.012059, "volume": 5301300, "typical_volume": 5130425.0, "trend": 4.193051, "fair_value": 5.481802, "relative_strength": -0.86013, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -58.442179, "energy": 46.46209, "activity_lines": [ 4.088105, 4.135073, 4.13241, 4.156322 ] }, { "date": "2024-07-12", "close": 3.972726, "volume": 3339200, "typical_volume": 4551735.0, "trend": 4.188781, "fair_value": 5.46857, "relative_strength": -2.808042, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -72.791858, "energy": 68.583553, "activity_lines": [ 4.040905, 4.100852, 4.118716, 4.142107 ] }, { "date": "2024-07-19", "close": 3.933393, "volume": 9484000, "typical_volume": 4720865.0, "trend": 4.18198, "fair_value": 5.455461, "relative_strength": -2.235542, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -73.796806, "energy": 73.666222, "activity_lines": [ 3.993704, 4.063226, 4.102061, 4.125631 ] }, { "date": "2024-07-26", "close": 4.012059, "volume": 1932300, "typical_volume": 4344555.0, "trend": 4.17658, "fair_value": 5.443609, "relative_strength": 0.808758, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.075685, "energy": 71.155051, "activity_lines": [ 3.988459, 4.044364, 4.093162, 4.114668 ] }, { "date": "2024-08-02", "close": 4.130062, "volume": 1627700, "typical_volume": 4266635.0, "trend": 4.160468, "fair_value": 5.432513, "relative_strength": 3.651147, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -51.374675, "energy": 42.225087, "activity_lines": [ 4.030416, 4.050679, 4.095753, 4.111667 ] }, { "date": "2024-08-09", "close": 4.287397, "volume": 2172700, "typical_volume": 4177805.0, "trend": 4.156923, "fair_value": 5.422049, "relative_strength": 8.952728, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -4.308991, "energy": 6.723851, "activity_lines": [ 4.122195, 4.087867, 4.112836, 4.119856 ] }, { "date": "2024-08-16", "close": 4.248063, "volume": 2127500, "typical_volume": 3970485.0, "trend": 4.149626, "fair_value": 5.410206, "relative_strength": 7.494919, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "mixed", "direction": 15.46345, "energy": 24.976775, "activity_lines": [ 4.182507, 4.116473, 4.125113, 4.125736 ] }, { "date": "2024-08-23", "close": 4.326731, "volume": 3351200, "typical_volume": 3867810.0, "trend": 4.148613, "fair_value": 5.397735, "relative_strength": 5.327553, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 44.750799, "energy": 43.947086, "activity_lines": [ 4.250685, 4.157953, 4.144372, 4.137162 ] }, { "date": "2024-08-30", "close": 4.527661, "volume": 3311800, "typical_volume": 3982540.0, "trend": 4.153077, "fair_value": 5.386551, "relative_strength": 9.768405, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 88.357629, "energy": 85.113747, "activity_lines": [ 4.359618, 4.233104, 4.181519, 4.161617 ] }, { "date": "2024-09-06", "close": 4.976348, "volume": 3005100, "typical_volume": 4132795.0, "trend": 4.171277, "fair_value": 5.378626, "relative_strength": 14.513755, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 97.657667, "energy": 97.883655, "activity_lines": [ 4.58374, 4.382606, 4.259014, 4.214731 ] }, { "date": "2024-09-13", "close": 5.180297, "volume": 4412500, "typical_volume": 4106770.0, "trend": 4.197495, "fair_value": 5.372774, "relative_strength": 18.95394, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 96.721449, "energy": 98.323259, "activity_lines": [ 4.819426, 4.553087, 4.35141, 4.279829 ] }, { "date": "2024-09-20", "close": 5.628984, "volume": 4781600, "typical_volume": 4100695.0, "trend": 4.247213, "fair_value": 5.369416, "relative_strength": 26.001041, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 97.870297, "energy": 99.048478, "activity_lines": [ 5.145147, 4.783907, 4.48177, 4.372183 ] }, { "date": "2024-09-27", "close": 5.506615, "volume": 1881200, "typical_volume": 3991160.0, "trend": 4.297806, "fair_value": 5.364891, "relative_strength": 22.694698, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 84.509255, "energy": 94.406733, "activity_lines": [ 5.338017, 4.962365, 4.59357, 4.453435 ] }, { "date": "2024-10-04", "close": 5.425035, "volume": 2670700, "typical_volume": 3941840.0, "trend": 4.343147, "fair_value": 5.358693, "relative_strength": 20.694515, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 68.525001, "energy": 88.587772, "activity_lines": [ 5.425035, 5.097385, 4.691277, 4.526159 ] }, { "date": "2024-10-11", "close": 5.506615, "volume": 1911100, "typical_volume": 3884825.0, "trend": 4.392474, "fair_value": 5.353402, "relative_strength": 19.660421, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 70.939133, "energy": 86.222317, "activity_lines": [ 5.479422, 5.221548, 4.791, 4.601222 ] }, { "date": "2024-10-18", "close": 5.588194, "volume": 1823000, "typical_volume": 3711225.0, "trend": 4.443253, "fair_value": 5.348633, "relative_strength": 19.153976, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 73.526906, "energy": 69.499487, "activity_lines": [ 5.52565, 5.335515, 4.892531, 4.678365 ] }, { "date": "2024-10-25", "close": 5.465825, "volume": 1350600, "typical_volume": 3476415.0, "trend": 4.487421, "fair_value": 5.342698, "relative_strength": 17.995128, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.689644, "energy": 64.844611, "activity_lines": [ 5.503895, 5.403583, 4.975839, 4.744338 ] }, { "date": "2024-11-01", "close": 5.506615, "volume": 879200, "typical_volume": 3079740.0, "trend": 4.535482, "fair_value": 5.337406, "relative_strength": 18.119774, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.997996, "energy": 63.28222, "activity_lines": [ 5.506615, 5.456925, 5.056858, 4.810092 ] }, { "date": "2024-11-08", "close": 5.302666, "volume": 2304300, "typical_volume": 2982170.0, "trend": 4.57801, "fair_value": 5.33119, "relative_strength": 13.284187, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 52.448915, "energy": 52.610325, "activity_lines": [ 5.441351, 5.451734, 5.112086, 4.859588 ] }, { "date": "2024-11-15", "close": 5.180297, "volume": 2867200, "typical_volume": 3026710.0, "trend": 4.616459, "fair_value": 5.324573, "relative_strength": 11.897228, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 47.911959, "energy": 40.448941, "activity_lines": [ 5.343456, 5.410203, 5.150076, 4.898445 ] }, { "date": "2024-11-22", "close": 5.425035, "volume": 1588000, "typical_volume": 2841045.0, "trend": 4.658001, "fair_value": 5.319907, "relative_strength": 16.407812, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 47.207361, "energy": 36.019976, "activity_lines": [ 5.348894, 5.409461, 5.206186, 4.950611 ] }, { "date": "2024-11-29", "close": 5.588194, "volume": 1430800, "typical_volume": 2745625.0, "trend": 4.704982, "fair_value": 5.315905, "relative_strength": 20.843799, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 57.180395, "energy": 38.902437, "activity_lines": [ 5.419597, 5.433935, 5.271106, 5.010624 ] }, { "date": "2024-12-06", "close": 5.588194, "volume": 1246500, "typical_volume": 2333750.0, "trend": 4.751963, "fair_value": 5.311604, "relative_strength": 18.179225, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 67.231434, "energy": 47.634525, "activity_lines": [ 5.482141, 5.45915, 5.328333, 5.067605 ] }, { "date": "2024-12-13", "close": 5.546011, "volume": 1228400, "typical_volume": 2298555.0, "trend": 4.796271, "fair_value": 5.306643, "relative_strength": 18.302642, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.110045, "energy": 52.352167, "activity_lines": [ 5.525185, 5.475213, 5.373664, 5.118834 ] }, { "date": "2024-12-20", "close": 5.37795, "volume": 2926700, "typical_volume": 2363505.0, "trend": 4.833711, "fair_value": 5.301385, "relative_strength": 19.615614, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 60.278316, "energy": 49.88304, "activity_lines": [ 5.495987, 5.458519, 5.395683, 5.156362 ] }, { "date": "2024-12-27", "close": 5.46198, "volume": 512300, "typical_volume": 2280485.0, "trend": 4.875486, "fair_value": 5.297054, "relative_strength": 17.677922, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 58.136019, "energy": 45.129785, "activity_lines": [ 5.481621, 5.459443, 5.419764, 5.196895 ] }, { "date": "2025-01-03", "close": 5.503996, "volume": 1399900, "typical_volume": 2244105.0, "trend": 4.919973, "fair_value": 5.293382, "relative_strength": 19.497066, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 58.235037, "energy": 40.042474, "activity_lines": [ 5.478798, 5.470301, 5.442252, 5.237444 ] }, { "date": "2025-01-10", "close": 5.503996, "volume": 2155900, "typical_volume": 2184340.0, "trend": 4.96446, "fair_value": 5.289321, "relative_strength": 20.325372, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 55.534026, "energy": 34.868141, "activity_lines": [ 5.481588, 5.480465, 5.45876, 5.275123 ] }, { "date": "2025-01-17", "close": 5.588027, "volume": 1351100, "typical_volume": 2086305.0, "trend": 5.013058, "fair_value": 5.285798, "relative_strength": 23.98728, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.440423, "energy": 41.816689, "activity_lines": [ 5.518001, 5.505955, 5.477665, 5.315353 ] }, { "date": "2025-01-24", "close": 5.503996, "volume": 1205000, "typical_volume": 1996300.0, "trend": 5.060167, "fair_value": 5.282711, "relative_strength": 20.304986, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 53.794436, "energy": 38.268992, "activity_lines": [ 5.523603, 5.510979, 5.483518, 5.347026 ] }, { "date": "2025-01-31", "close": 5.672057, "volume": 2176800, "typical_volume": 1884515.0, "trend": 5.115501, "fair_value": 5.280311, "relative_strength": 26.886824, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 67.576285, "energy": 45.191335, "activity_lines": [ 5.576823, 5.540673, 5.502864, 5.386503 ] }, { "date": "2025-02-07", "close": 5.546011, "volume": 1573700, "typical_volume": 1724120.0, "trend": 5.167943, "fair_value": 5.27613, "relative_strength": 26.392377, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 55.680507, "energy": 39.748187, "activity_lines": [ 5.574021, 5.542959, 5.507863, 5.414278 ] }, { "date": "2025-02-14", "close": 5.630041, "volume": 878400, "typical_volume": 1673980.0, "trend": 5.224498, "fair_value": 5.272487, "relative_strength": 28.408562, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 60.147612, "energy": 40.650849, "activity_lines": [ 5.596429, 5.561289, 5.521261, 5.444091 ] }, { "date": "2025-02-21", "close": 5.798103, "volume": 1104700, "typical_volume": 1595680.0, "trend": 5.284033, "fair_value": 5.270331, "relative_strength": 33.725544, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 76.333719, "energy": 60.234131, "activity_lines": [ 5.666455, 5.609416, 5.550077, 5.481098 ] }, { "date": "2025-02-28", "close": 5.67639, "volume": 1169300, "typical_volume": 1558590.0, "trend": 5.335577, "fair_value": 5.267394, "relative_strength": 34.205426, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 57.42147, "energy": 48.216407, "activity_lines": [ 5.681904, 5.630829, 5.565525, 5.506411 ] }, { "date": "2025-03-07", "close": 5.763052, "volume": 1993800, "typical_volume": 1567130.0, "trend": 5.384766, "fair_value": 5.265609, "relative_strength": 35.069065, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.662793, "energy": 57.783327, "activity_lines": [ 5.714748, 5.662574, 5.588417, 5.53399 ] }, { "date": "2025-03-14", "close": 5.719721, "volume": 1427300, "typical_volume": 1570965.0, "trend": 5.433821, "fair_value": 5.263348, "relative_strength": 35.834128, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 57.74906, "energy": 49.448879, "activity_lines": [ 5.727082, 5.680965, 5.60635, 5.5556 ] }, { "date": "2025-03-21", "close": 5.806383, "volume": 1301500, "typical_volume": 1592080.0, "trend": 5.483143, "fair_value": 5.261642, "relative_strength": 34.987943, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.311709, "energy": 46.029061, "activity_lines": [ 5.756723, 5.711191, 5.631328, 5.579636 ] }, { "date": "2025-03-28", "close": 5.719721, "volume": 1721400, "typical_volume": 1562935.0, "trend": 5.522878, "fair_value": 5.259579, "relative_strength": 32.923413, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 55.612537, "energy": 39.755011, "activity_lines": [ 5.74572, 5.720163, 5.646625, 5.594899 ] }, { "date": "2025-04-04", "close": 5.719721, "volume": 913300, "typical_volume": 1465240.0, "trend": 5.547657, "fair_value": 5.257318, "relative_strength": 37.323052, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 51.855059, "energy": 34.144612, "activity_lines": [ 5.739942, 5.72674, 5.659936, 5.607599 ] }, { "date": "2025-04-11", "close": 5.719721, "volume": 1288200, "typical_volume": 1450250.0, "trend": 5.565638, "fair_value": 5.254858, "relative_strength": 35.367407, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 49.594301, "energy": 29.866919, "activity_lines": [ 5.731276, 5.729394, 5.670678, 5.6187 ] }, { "date": "2025-04-18", "close": 5.763052, "volume": 612600, "typical_volume": 1409340.0, "trend": 5.570107, "fair_value": 5.252676, "relative_strength": 32.401895, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 51.120664, "energy": 27.711777, "activity_lines": [ 5.739942, 5.739061, 5.684143, 5.631436 ] }, { "date": "2025-04-25", "close": 5.763052, "volume": 1642000, "typical_volume": 1429115.0, "trend": 5.578655, "fair_value": 5.250494, "relative_strength": 30.224316, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 51.342427, "energy": 27.773576, "activity_lines": [ 5.74572, 5.744781, 5.696776, 5.643884 ] }, { "date": "2025-05-02", "close": 5.936378, "volume": 1672600, "typical_volume": 1451325.0, "trend": 5.5957, "fair_value": 5.24982, "relative_strength": 28.438364, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.002764, "energy": 39.903139, "activity_lines": [ 5.812161, 5.779597, 5.725084, 5.666963 ] }, { "date": "2025-05-09", "close": 5.979708, "volume": 1254800, "typical_volume": 1367730.0, "trend": 5.61147, "fair_value": 5.250019, "relative_strength": 26.900242, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 69.898443, "energy": 60.492697, "activity_lines": [ 5.878602, 5.819777, 5.755659, 5.691738 ] }, { "date": "2025-05-16", "close": 5.936378, "volume": 1301300, "typical_volume": 1407180.0, "trend": 5.623076, "fair_value": 5.249941, "relative_strength": 26.382993, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.157109, "energy": 62.263502, "activity_lines": [ 5.913267, 5.846563, 5.779242, 5.7127 ] }, { "date": "2025-05-23", "close": 5.936378, "volume": 4032900, "typical_volume": 1538830.0, "trend": 5.638761, "fair_value": 5.24949, "relative_strength": 27.266962, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.89766, "energy": 65.087501, "activity_lines": [ 5.933489, 5.870199, 5.800566, 5.732913 ] }, { "date": "2025-05-30", "close": 5.979573, "volume": 2509500, "typical_volume": 1556510.0, "trend": 5.654526, "fair_value": 5.249721, "relative_strength": 29.917099, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.245877, "energy": 61.504136, "activity_lines": [ 5.956554, 5.897749, 5.823945, 5.754901 ] }, { "date": "2025-06-06", "close": 5.979573, "volume": 1228700, "typical_volume": 1550390.0, "trend": 5.67709, "fair_value": 5.250966, "relative_strength": 30.042653, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.226987, "energy": 49.716582, "activity_lines": [ 5.965184, 5.922149, 5.84506, 5.775871 ] }, { "date": "2025-06-13", "close": 5.979573, "volume": 1608400, "typical_volume": 1570560.0, "trend": 5.703732, "fair_value": 5.252615, "relative_strength": 30.310741, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.184805, "energy": 44.566597, "activity_lines": [ 5.970934, 5.941826, 5.864309, 5.795386 ] }, { "date": "2025-06-20", "close": 5.934949, "volume": 1156400, "typical_volume": 1519540.0, "trend": 5.720729, "fair_value": 5.254384, "relative_strength": 34.492511, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 58.450928, "energy": 40.672855, "activity_lines": [ 5.961819, 5.948664, 5.877045, 5.810304 ] }, { "date": "2025-06-27", "close": 5.801078, "volume": 2494000, "typical_volume": 1565555.0, "trend": 5.727825, "fair_value": 5.255093, "relative_strength": 28.340012, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 38.26982, "energy": 23.940683, "activity_lines": [ 5.908175, 5.927249, 5.875778, 5.815487 ] }, { "date": "2025-07-04", "close": 5.801078, "volume": 1207700, "typical_volume": 1582020.0, "trend": 5.734922, "fair_value": 5.256004, "relative_strength": 22.840092, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 28.522407, "energy": 17.273503, "activity_lines": [ 5.863551, 5.905142, 5.873297, 5.820213 ] }, { "date": "2025-07-11", "close": 5.801078, "volume": 1278300, "typical_volume": 1590700.0, "trend": 5.743424, "fair_value": 5.25732, "relative_strength": 21.495198, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 18.782855, "energy": 18.692961, "activity_lines": [ 5.830827, 5.882344, 5.870002, 5.824481 ] }, { "date": "2025-07-18", "close": 5.845702, "volume": 3774600, "typical_volume": 1720965.0, "trend": 5.759016, "fair_value": 5.258922, "relative_strength": 12.812567, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 9.898425, "energy": 16.770741, "activity_lines": [ 5.824877, 5.87012, 5.870942, 5.83108 ] }, { "date": "2025-07-25", "close": 5.845702, "volume": 1934600, "typical_volume": 1718005.0, "trend": 5.771806, "fair_value": 5.260524, "relative_strength": 10.971413, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 9.265513, "energy": 13.204376, "activity_lines": [ 5.827852, 5.860332, 5.871077, 5.836673 ] }, { "date": "2025-08-01", "close": 5.845702, "volume": 868100, "typical_volume": 1690045.0, "trend": 5.783196, "fair_value": 5.262127, "relative_strength": 10.055684, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 10.388607, "energy": 10.010744, "activity_lines": [ 5.836777, 5.852193, 5.870817, 5.84144 ] }, { "date": "2025-08-08", "close": 5.934949, "volume": 2423500, "typical_volume": 1746145.0, "trend": 5.797562, "fair_value": 5.264301, "relative_strength": 7.45295, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 38.361262, "energy": 18.850082, "activity_lines": [ 5.872476, 5.861929, 5.878458, 5.851231 ] }, { "date": "2025-08-15", "close": 5.801078, "volume": 7152900, "typical_volume": 2017720.0, "trend": 5.804663, "fair_value": 5.264401, "relative_strength": 4.38411, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 17.629713, "energy": 9.136172, "activity_lines": [ 5.854627, 5.848136, 5.872736, 5.851458 ] }, { "date": "2025-08-22", "close": 5.711831, "volume": 7566900, "typical_volume": 2350400.0, "trend": 5.811591, "fair_value": 5.263723, "relative_strength": 2.662565, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -19.658322, "energy": 12.484864, "activity_lines": [ 5.807028, 5.821362, 5.858128, 5.845468 ] }, { "date": "2025-08-29", "close": 5.707207, "volume": 2984200, "typical_volume": 2435200.0, "trend": 5.812763, "fair_value": 5.262807, "relative_strength": 3.396339, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -20.953585, "energy": 26.375366, "activity_lines": [ 5.766813, 5.798615, 5.843116, 5.838734 ] }, { "date": "2025-09-05", "close": 5.799259, "volume": 1829900, "typical_volume": 2496065.0, "trend": 5.821204, "fair_value": 5.262482, "relative_strength": 2.238081, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -22.400004, "energy": 30.749899, "activity_lines": [ 5.766515, 5.796745, 5.836931, 5.837863 ] }, { "date": "2025-09-12", "close": 5.89131, "volume": 2427000, "typical_volume": 2535315.0, "trend": 5.829913, "fair_value": 5.262746, "relative_strength": 1.149177, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -9.932021, "energy": 15.031553, "activity_lines": [ 5.799996, 5.811646, 5.839341, 5.842386 ] }, { "date": "2025-09-19", "close": 5.983362, "volume": 2868700, "typical_volume": 2595120.0, "trend": 5.836089, "fair_value": 5.263394, "relative_strength": 2.472474, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 32.838817, "energy": 16.002553, "activity_lines": [ 5.867071, 5.841642, 5.849906, 5.852286 ] }, { "date": "2025-09-26", "close": 5.983362, "volume": 1654600, "typical_volume": 2615110.0, "trend": 5.846321, "fair_value": 5.264456, "relative_strength": 3.205284, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 45.205026, "energy": 29.649124, "activity_lines": [ 5.921994, 5.868324, 5.860248, 5.861787 ] }, { "date": "2025-10-03", "close": 5.983362, "volume": 2545300, "typical_volume": 2677310.0, "trend": 5.853665, "fair_value": 5.265725, "relative_strength": 1.644273, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 46.058782, "energy": 35.995812, "activity_lines": [ 5.958815, 5.892503, 5.870572, 5.870628 ] }, { "date": "2025-10-10", "close": 5.983362, "volume": 628600, "typical_volume": 2507095.0, "trend": 5.862453, "fair_value": 5.267201, "relative_strength": 1.779323, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 56.399047, "energy": 50.091685, "activity_lines": [ 5.977225, 5.91418, 5.880673, 5.878996 ] }, { "date": "2025-10-17", "close": 5.937336, "volume": 1133300, "typical_volume": 2438285.0, "trend": 5.866818, "fair_value": 5.268383, "relative_strength": 1.588549, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 53.501866, "energy": 45.617813, "activity_lines": [ 5.96802, 5.924985, 5.886166, 5.883827 ] }, { "date": "2025-10-24", "close": 5.983362, "volume": 1187100, "typical_volume": 2436205.0, "trend": 5.875606, "fair_value": 5.271102, "relative_strength": -1.026005, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 54.26645, "energy": 35.149077, "activity_lines": [ 5.971088, 5.944115, 5.896244, 5.891346 ] }, { "date": "2025-10-31", "close": 5.983362, "volume": 1261300, "typical_volume": 2418850.0, "trend": 5.884394, "fair_value": 5.272993, "relative_strength": -1.027051, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 52.889779, "energy": 28.268275, "activity_lines": [ 5.974157, 5.959931, 5.906304, 5.898298 ] }, { "date": "2025-11-07", "close": 6.029388, "volume": 884100, "typical_volume": 2405235.0, "trend": 5.894716, "fair_value": 5.274971, "relative_strength": -0.180115, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 57.147411, "energy": 30.29334, "activity_lines": [ 5.992567, 5.979178, 5.92073, 5.907653 ] }, { "date": "2025-11-14", "close": 5.983362, "volume": 1055700, "typical_volume": 2333320.0, "trend": 5.90206, "fair_value": 5.276862, "relative_strength": 1.212512, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 52.040319, "energy": 31.814226, "activity_lines": [ 5.992567, 5.984199, 5.930322, 5.913372 ] }, { "date": "2025-11-21", "close": 5.983362, "volume": 1765300, "typical_volume": 2361200.0, "trend": 5.909403, "fair_value": 5.277717, "relative_strength": 1.982459, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 50.847095, "energy": 34.153557, "activity_lines": [ 5.992567, 5.985873, 5.939046, 5.918617 ] }, { "date": "2025-11-28", "close": 5.89131, "volume": 2587500, "typical_volume": 2426660.0, "trend": 5.907901, "fair_value": 5.277567, "relative_strength": -0.087192, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 30.842032, "energy": 16.437824, "activity_lines": [ 5.958815, 5.969136, 5.938136, 5.91745 ] }, { "date": "2025-12-05", "close": 5.937336, "volume": 2523900, "typical_volume": 2364125.0, "trend": 5.906489, "fair_value": 5.27775, "relative_strength": -0.986554, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 30.556649, "energy": 14.935741, "activity_lines": [ 5.946541, 5.962441, 5.941179, 5.919349 ] }, { "date": "2025-12-12", "close": 6.060163, "volume": 2029800, "typical_volume": 2368885.0, "trend": 5.910615, "fair_value": 5.278721, "relative_strength": 2.24654, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 46.560118, "energy": 20.592598, "activity_lines": [ 5.978278, 5.978915, 5.955483, 5.929263 ] }, { "date": "2025-12-19", "close": 6.154852, "volume": 1189400, "typical_volume": 2384950.0, "trend": 5.917897, "fair_value": 5.279663, "relative_strength": 3.591298, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.422438, "energy": 45.07011, "activity_lines": [ 6.039527, 6.01121, 5.977784, 5.94502 ] }, { "date": "2025-12-26", "close": 6.344232, "volume": 1760000, "typical_volume": 2351775.0, "trend": 5.930053, "fair_value": 5.28182, "relative_strength": 5.691404, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 83.23812, "energy": 78.611578, "activity_lines": [ 6.152469, 6.074818, 6.01665, 5.972526 ] }, { "date": "2026-01-02", "close": 6.391578, "volume": 711700, "typical_volume": 2029715.0, "trend": 5.943786, "fair_value": 5.284703, "relative_strength": 5.97466, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 83.531858, "energy": 88.244624, "activity_lines": [ 6.257136, 6.139638, 6.058075, 6.002302 ] }, { "date": "2026-01-09", "close": 6.249542, "volume": 3894800, "typical_volume": 1846110.0, "trend": 5.952785, "fair_value": 5.286676, "relative_strength": 3.680969, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.821862, "energy": 80.462368, "activity_lines": [ 6.281106, 6.17121, 6.083162, 6.022028 ] }, { "date": "2026-01-16", "close": 6.249542, "volume": 1457000, "typical_volume": 1769750.0, "trend": 5.963272, "fair_value": 5.287379, "relative_strength": 1.635335, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.360868, "energy": 77.979149, "activity_lines": [ 6.284262, 6.197942, 6.105688, 6.041173 ] }, { "date": "2026-01-23", "close": 6.202198, "volume": 1144100, "typical_volume": 1735460.0, "trend": 5.976642, "fair_value": 5.287144, "relative_strength": -2.366032, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 60.466476, "energy": 53.000542, "activity_lines": [ 6.259011, 6.212064, 6.121122, 6.056588 ] }, { "date": "2026-01-30", "close": 6.154852, "volume": 1908500, "typical_volume": 1709535.0, "trend": 5.988435, "fair_value": 5.285335, "relative_strength": -4.057356, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 53.541017, "energy": 36.126051, "activity_lines": [ 6.214823, 6.213599, 6.130128, 6.068085 ] }, { "date": "2026-02-06", "close": 6.296887, "volume": 1482500, "typical_volume": 1640225.0, "trend": 6.004962, "fair_value": 5.284861, "relative_strength": -4.025253, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 53.544172, "energy": 35.377352, "activity_lines": [ 6.230604, 6.23784, 6.151407, 6.087986 ] }, { "date": "2026-02-13", "close": 6.344232, "volume": 1901400, "typical_volume": 1652565.0, "trend": 6.021579, "fair_value": 5.284478, "relative_strength": -8.471754, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 66.177549, "energy": 42.039875, "activity_lines": [ 6.26848, 6.263315, 6.175702, 6.109874 ] }, { "date": "2026-02-20", "close": 6.344232, "volume": 2682800, "typical_volume": 1659440.0, "trend": 6.038197, "fair_value": 5.284307, "relative_strength": -11.39284, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 63.997433, "energy": 44.493571, "activity_lines": [ 6.300043, 6.281392, 6.198278, 6.13069 ] }, { "date": "2026-02-27", "close": 6.466441, "volume": 1674500, "typical_volume": 1711735.0, "trend": 6.058888, "fair_value": 5.284928, "relative_strength": -12.38642, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 77.406407, "energy": 72.373426, "activity_lines": [ 6.36603, 6.316524, 6.230775, 6.158319 ] }, { "date": "2026-03-06", "close": 6.223342, "volume": 2508200, "typical_volume": 1780480.0, "trend": 6.068501, "fair_value": 5.285071, "relative_strength": -8.492885, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 58.219344, "energy": 43.409042, "activity_lines": [ 6.333368, 6.301791, 6.237819, 6.168929 ] }, { "date": "2026-03-13", "close": 6.223342, "volume": 2879300, "typical_volume": 1865090.0, "trend": 6.082577, "fair_value": 5.284997, "relative_strength": -8.259369, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 53.66697, "energy": 34.033482, "activity_lines": [ 6.29614, 6.289256, 6.243501, 6.178919 ] }, { "date": "2026-03-20", "close": 6.271961, "volume": 952600, "typical_volume": 1849655.0, "trend": 6.101248, "fair_value": 5.285236, "relative_strength": -8.879921, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 40.054911, "energy": 24.482433, "activity_lines": [ 6.280021, 6.28862, 6.252671, 6.191137 ] }, { "date": "2026-03-27", "close": 6.223342, "volume": 654800, "typical_volume": 1838190.0, "trend": 6.118452, "fair_value": 5.284082, "relative_strength": -10.261668, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 32.087972, "energy": 20.297543, "activity_lines": [ 6.252514, 6.278736, 6.255836, 6.199014 ] }, { "date": "2026-04-03", "close": 6.271961, "volume": 1071000, "typical_volume": 1838955.0, "trend": 6.134209, "fair_value": 5.283673, "relative_strength": -9.714052, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 30.676498, "energy": 17.182301, "activity_lines": [ 6.249272, 6.278169, 6.262708, 6.208918 ] }, { "date": "2026-04-10", "close": 6.417821, "volume": 1141900, "typical_volume": 1807785.0, "trend": 6.15176, "fair_value": 5.283982, "relative_strength": -10.56295, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 62.889222, "energy": 32.881239, "activity_lines": [ 6.307616, 6.302853, 6.282097, 6.227215 ] }, { "date": "2026-04-17", "close": 6.369202, "volume": 326300, "typical_volume": 1694725.0, "trend": 6.164621, "fair_value": 5.285924, "relative_strength": -9.52046, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 55.119658, "energy": 36.020282, "activity_lines": [ 6.336788, 6.313916, 6.294787, 6.241244 ] }, { "date": "2026-04-24", "close": 6.417821, "volume": 765500, "typical_volume": 1606805.0, "trend": 6.179103, "fair_value": 5.287313, "relative_strength": -6.967112, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 61.870737, "energy": 52.873269, "activity_lines": [ 6.372443, 6.332503, 6.309832, 6.257579 ] }, { "date": "2026-05-01", "close": 6.563681, "volume": 812300, "typical_volume": 1545930.0, "trend": 6.198447, "fair_value": 5.289422, "relative_strength": -7.037029, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 77.17393, "energy": 72.803317, "activity_lines": [ 6.446993, 6.376273, 6.33648, 6.282391 ] }, { "date": "2026-05-08", "close": 6.612301, "volume": 795200, "typical_volume": 1526220.0, "trend": 6.219411, "fair_value": 5.292058, "relative_strength": -6.562928, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 78.758313, "energy": 78.936301, "activity_lines": [ 6.515061, 6.424893, 6.365361, 6.309091 ] }, { "date": "2026-05-15", "close": 6.70954, "volume": 3437800, "typical_volume": 1610110.0, "trend": 6.245152, "fair_value": 5.295317, "relative_strength": -6.079084, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 84.058789, "energy": 85.785419, "activity_lines": [ 6.592853, 6.488541, 6.401324, 6.340712 ] }, { "date": "2026-05-22", "close": 6.80678, "volume": 3488000, "typical_volume": 1748925.0, "trend": 6.272599, "fair_value": 5.298785, "relative_strength": -5.761251, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 86.15907, "energy": 91.572681, "activity_lines": [ 6.68361, 6.561029, 6.444809, 6.376946 ] }, { "date": "2026-05-29", "close": 6.95, "volume": 5243000, "typical_volume": 1816335.0, "trend": 6.30482, "fair_value": 5.303613, "relative_strength": -5.301034, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 89.142365, "energy": 94.668797, "activity_lines": [ 6.792935, 6.648949, 6.499956, 6.42065 ] }, { "date": "2026-06-05", "close": 7.0, "volume": 470600, "typical_volume": 1767015.0, "trend": 6.337174, "fair_value": 5.30854, "relative_strength": -5.150468, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 87.43283, "energy": 95.010859, "activity_lines": [ 6.883448, 6.733631, 6.55653, 6.4655 ] }, { "date": "2026-06-12", "close": 7.0, "volume": 283100, "typical_volume": 1723965.0, "trend": 6.371062, "fair_value": 5.314351, "relative_strength": -5.371789, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 79.597889, "energy": 92.428086, "activity_lines": [ 6.944873, 6.804193, 6.60953, 6.508263 ] }, { "date": "2026-06-19", "close": 7.45, "volume": 465000, "typical_volume": 1651790.0, "trend": 6.41995, "fair_value": 5.324369, "relative_strength": 2.334542, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 97.441985, "energy": 98.597072, "activity_lines": [ 7.130452, 6.943336, 6.701589, 6.577872 ] }, { "date": "2026-06-26", "close": 7.45, "volume": 240300, "typical_volume": 1589680.0, "trend": 6.471906, "fair_value": 5.335271, "relative_strength": 4.565453, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 92.272529, "energy": 97.064894, "activity_lines": [ 7.266667, 7.063712, 6.78748, 6.644327 ] }, { "date": "2026-07-03", "close": 7.65, "volume": 742400, "typical_volume": 1531730.0, "trend": 6.528995, "fair_value": 5.347896, "relative_strength": 2.963734, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 94.14522, "energy": 97.706814, "activity_lines": [ 7.426667, 7.2008, 6.886927, 6.720333 ] }, { "date": "2026-07-10", "close": 7.7, "volume": 1956400, "typical_volume": 1495410.0, "trend": 6.583656, "fair_value": 5.36018, "relative_strength": 3.163507, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 88.091697, "energy": 95.58718, "activity_lines": [ 7.556667, 7.324577, 6.984919, 6.795882 ] }, { "date": "2026-07-17", "close": 8.4, "volume": 2787700, "typical_volume": 1551070.0, "trend": 6.658494, "fair_value": 5.377612, "relative_strength": 11.210943, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 98.90954, "energy": 99.202344, "activity_lines": [ 7.873333, 7.554965, 7.143121, 6.913065 ] }, { "date": "2026-07-24", "close": 8.0, "volume": 2913500, "typical_volume": 1571335.0, "trend": 6.713687, "fair_value": 5.393364, "relative_strength": 5.586586, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 73.354022, "energy": 70.383095, "activity_lines": [ 7.963333, 7.680123, 7.254021, 6.999614 ] }, { "date": "2026-07-31", "close": 8.2, "volume": 747900, "typical_volume": 1464765.0, "trend": 6.773967, "fair_value": 5.409956, "relative_strength": 9.33547, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 80.414896, "energy": 72.8321, "activity_lines": [ 8.083333, 7.818182, 7.375508, 7.095505 ] }, { "date": "2026-08-07", "close": 8.2, "volume": 2287000, "typical_volume": 1531485.0, "trend": 6.838983, "fair_value": 5.429638, "relative_strength": 9.908287, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 74.045778, "energy": 70.517633, "activity_lines": [ 8.153333, 7.930909, 7.487582, 7.187507 ] } ], "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." } } }