{ "ticker": { "uuid": "0841624a-b443-4a6a-8fbe-f3c8fc861e5b", "symbol": "SAUA", "name": "iShares MSCI USA Screened UCITS ETF EUR Hedged (Acc)", "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": 68.07, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Established expansion", "architecture_gate": "up", "architecture_direction": 82.123, "architecture_energy": 55.42, "architecture_maturity": 60.03, "architecture_confidence": 59.28, "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": 32.91, "rotation_up": 50.8, "upward_expansion": 79.04, "deceleration": 68.98, "rotation_down": 27.54, "downward_expansion": 8.04 }, "activity_lines": [ 8.481133, 8.441873, 8.370871, 8.20683 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.5 }, "latest_close": 8.725, "trend_reference": 8.0288, "distance_from_trend": 0.086713, "trend_direction": "Improving", "fair_value": 6.705615, "distance_from_fair_value": 0.301148, "fair_value_direction": "Improving", "relative_strength": -4.82067, "relative_strength_direction": "Weakening", "price_momentum": 0.124791, "excess_performance": -0.046101, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.086713, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.02845, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.301148, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.007281, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.048207, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.020814, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.124791, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 1.302121, "read": "Demand-led" } ], "volume": { "latest": 640446, "relative_activity": 0.44596, "balance": 1.302121, "dry_up": 0.821323, "accumulation_observations": 2, "distribution_observations": 1 }, "risk": { "range_context": 0.021336, "annualized_volatility": 0.144635, "from_high_reference": -0.00354, "from_low_reference": 0.229913 }, "levels": { "trend_reference": 8.0288, "fair_value_reference": 6.705615, "structural_low": 7.094, "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 26, "median_return": 0.016563, "positive_rate": 0.769231, "directional_follow_through": 0.769231, "median_excess_return": -0.012969, "regime_survival": 0.807692, "best_return": 0.063363, "worst_return": -0.0683, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 8, "median_return": 0.043635, "positive_rate": 0.875, "directional_follow_through": 0.875, "median_excess_return": -0.007974, "regime_survival": 0.625, "best_return": 0.14267, "worst_return": -0.075229, "sufficient": true }, { "horizon": "Extended", "sample_count": 5, "median_return": 0.077303, "positive_rate": 0.8, "directional_follow_through": 0.8, "median_excess_return": -0.023517, "regime_survival": 0.8, "best_return": 0.168926, "worst_return": -0.025221, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 2, "median_return": 0.230478, "positive_rate": 1.0, "directional_follow_through": 1.0, "median_excess_return": 0.023456, "regime_survival": 1.0, "best_return": 0.331082, "worst_return": 0.129874, "sufficient": false } ], "ledger": [ { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-08-09", "end": "2024-08-30", "tenure": "New", "return": 0.052981, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-09-06", "end": "2025-01-10", "tenure": "Established", "return": 0.089557, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-01-17", "end": "2025-01-31", "tenure": "New", "return": 0.018015, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-02-07", "end": "2025-02-28", "tenure": "New", "return": -0.035014, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-03-07", "end": "2025-03-14", "tenure": "New", "return": -0.01361, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-03-21", "end": "2025-04-04", "tenure": "New", "return": -0.083919, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-04-11", "end": "2025-05-30", "tenure": "Developing", "return": 0.129683, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-06-06", "end": "2025-07-18", "tenure": "Developing", "return": 0.047987, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-07-25", "end": "2026-02-20", "tenure": "Extended", "return": 0.061513, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-02-27", "end": "2026-03-06", "tenure": "New", "return": -0.018161, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2026-03-13", "end": "2026-03-27", "tenure": "New", "return": -0.039796, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-04-03", "end": "2026-04-24", "tenure": "New", "return": 0.093014, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2026-05-01", "end": "2026-05-08", "tenure": "New", "return": 0.032194, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-05-15", "end": "2026-08-07", "tenure": "Established", "return": 0.044535, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 4.9125, "volume": 32795, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-08-25", "close": 4.946, "volume": 19093, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-09-01", "close": 5.115, "volume": 189488, "typical_volume": 89171.05, "trend": 4.780133, "fair_value": 4.649349, "relative_strength": -0.045967, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 51.053775, "energy": 31.374127, "activity_lines": [ 5.0185, 5.053636, 4.99625, 4.903716 ] }, { "date": "2023-09-08", "close": 5.059, "volume": 46634, "typical_volume": 88425.8, "trend": 4.7959, "fair_value": 4.654406, "relative_strength": 0.620602, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 40.658641, "energy": 24.446955, "activity_lines": [ 5.029733, 5.052664, 5.010531, 4.921708 ] }, { "date": "2023-09-15", "close": 5.046, "volume": 199114, "typical_volume": 96773.8, "trend": 4.811767, "fair_value": 4.659182, "relative_strength": -1.536874, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 42.626916, "energy": 31.862433, "activity_lines": [ 5.041033, 5.048855, 5.021519, 4.937843 ] }, { "date": "2023-09-22", "close": 4.913, "volume": 100802, "typical_volume": 92682.65, "trend": 4.826917, "fair_value": 4.66224, "relative_strength": -2.776194, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 29.755871, "energy": 22.88132, "activity_lines": [ 5.0068, 5.020045, 5.017945, 4.944374 ] }, { "date": "2023-09-29", "close": 4.885, "volume": 86747, "typical_volume": 93473.85, "trend": 4.839, "fair_value": 4.664892, "relative_strength": -1.877609, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 2.367615, "energy": 10.089251, "activity_lines": [ 4.9632, 4.990018, 5.010371, 4.948122 ] }, { "date": "2023-10-06", "close": 4.837, "volume": 59644, "typical_volume": 94618.2, "trend": 4.8532, "fair_value": 4.666916, "relative_strength": -1.064482, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -9.143704, "energy": 22.506119, "activity_lines": [ 4.907667, 4.956227, 4.997033, 4.947992 ] }, { "date": "2023-10-13", "close": 4.9005, "volume": 116144, "typical_volume": 95915.4, "trend": 4.869133, "fair_value": 4.669633, "relative_strength": -1.033746, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 0.218335, "energy": 23.206594, "activity_lines": [ 4.891833, 4.940564, 4.989233, 4.951044 ] }, { "date": "2023-10-20", "close": 4.766, "volume": 80630, "typical_volume": 95825.8, "trend": 4.88, "fair_value": 4.67074, "relative_strength": -0.451666, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -37.855515, "energy": 53.395253, "activity_lines": [ 4.841733, 4.904527, 4.967855, 4.94439 ] }, { "date": "2023-10-27", "close": 4.6665, "volume": 65093, "typical_volume": 89299.4, "trend": 4.882233, "fair_value": 4.670692, "relative_strength": -2.044019, "stage": 2, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -46.262079, "energy": 65.031579, "activity_lines": [ 4.777133, 4.855164, 4.936752, 4.930616 ] }, { "date": "2023-11-03", "close": 4.9235, "volume": 16200, "typical_volume": 86315.75, "trend": 4.893617, "fair_value": 4.673533, "relative_strength": -1.566215, "stage": 2, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -31.338859, "energy": 37.843482, "activity_lines": [ 4.814633, 4.857, 4.931052, 4.933278 ] }, { "date": "2023-11-10", "close": 4.9455, "volume": 36220, "typical_volume": 84241.0, "trend": 4.9041, "fair_value": 4.676554, "relative_strength": -0.465089, "stage": 2, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -23.584552, "energy": 23.97875, "activity_lines": [ 4.8569, 4.863245, 4.92785, 4.936626 ] }, { "date": "2023-11-17", "close": 5.098, "volume": 116891, "typical_volume": 84062.25, "trend": 4.919783, "fair_value": 4.681186, "relative_strength": -0.776306, "stage": 2, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": 20.604841, "energy": 14.624577, "activity_lines": [ 4.942767, 4.9003, 4.939157, 4.949135 ] }, { "date": "2023-11-24", "close": 5.153, "volume": 143046, "typical_volume": 89353.0, "trend": 4.936617, "fair_value": 4.686314, "relative_strength": 0.608801, "stage": 2, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "up", "direction": 51.842319, "energy": 42.89295, "activity_lines": [ 5.0338, 4.946645, 4.955393, 4.964182 ] }, { "date": "2023-12-01", "close": 5.183, "volume": 325353, "typical_volume": 95173.35, "trend": 4.95495, "fair_value": 4.691655, "relative_strength": -0.354266, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.685318, "energy": 66.277084, "activity_lines": [ 5.109033, 4.9965, 4.973762, 4.980077 ] }, { "date": "2023-12-08", "close": 5.207, "volume": 83112, "typical_volume": 96556.5, "trend": 4.974033, "fair_value": 4.697137, "relative_strength": -1.320773, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.934715, "energy": 78.676031, "activity_lines": [ 5.157833, 5.045809, 4.994145, 4.996339 ] }, { "date": "2023-12-15", "close": 5.37, "volume": 267062, "typical_volume": 106222.25, "trend": 4.995367, "fair_value": 4.70422, "relative_strength": 1.930572, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 89.267915, "energy": 90.872774, "activity_lines": [ 5.242067, 5.1189, 5.029819, 5.021885 ] }, { "date": "2023-12-22", "close": 5.414, "volume": 93161, "typical_volume": 106760.45, "trend": 5.017867, "fair_value": 4.711614, "relative_strength": 2.850435, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 87.570125, "energy": 94.539913, "activity_lines": [ 5.312667, 5.1903, 5.068869, 5.048894 ] }, { "date": "2023-12-29", "close": 5.413, "volume": 43975, "typical_volume": 106060.2, "trend": 5.041167, "fair_value": 4.718844, "relative_strength": 2.852902, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 80.096277, "energy": 92.063954, "activity_lines": [ 5.361867, 5.252182, 5.106448, 5.074386 ] }, { "date": "2024-01-05", "close": 5.336, "volume": 293542, "typical_volume": 119097.55, "trend": 5.057, "fair_value": 4.725142, "relative_strength": 1.025839, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 67.947031, "energy": 87.168633, "activity_lines": [ 5.368067, 5.2883, 5.13486, 5.093408 ] }, { "date": "2024-01-12", "close": 5.434, "volume": 52135, "typical_volume": 120749.65, "trend": 5.0712, "fair_value": 4.732302, "relative_strength": 2.717281, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 75.649133, "energy": 87.75044, "activity_lines": [ 5.396733, 5.330064, 5.170588, 5.11773 ] }, { "date": "2024-01-19", "close": 5.47, "volume": 70058, "typical_volume": 114778.15, "trend": 5.088783, "fair_value": 4.739679, "relative_strength": 3.930511, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 77.625485, "energy": 80.494086, "activity_lines": [ 5.422267, 5.369091, 5.207421, 5.143459 ] }, { "date": "2024-01-26", "close": 5.582, "volume": 108814, "typical_volume": 117887.15, "trend": 5.107083, "fair_value": 4.748019, "relative_strength": 5.597577, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 87.035864, "energy": 82.480294, "activity_lines": [ 5.478467, 5.418945, 5.253231, 5.17528 ] }, { "date": "2024-02-02", "close": 5.621, "volume": 93164, "typical_volume": 112589.65, "trend": 5.12775, "fair_value": 4.756577, "relative_strength": 5.07194, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 86.372366, "energy": 93.440741, "activity_lines": [ 5.536467, 5.467091, 5.300264, 5.208435 ] }, { "date": "2024-02-09", "close": 5.717, "volume": 83916, "typical_volume": 111745.35, "trend": 5.14745, "fair_value": 4.765902, "relative_strength": 5.186218, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 88.666518, "energy": 94.939908, "activity_lines": [ 5.6126, 5.524182, 5.353702, 5.246452 ] }, { "date": "2024-02-16", "close": 5.741, "volume": 91852, "typical_volume": 112000.6, "trend": 5.166883, "fair_value": 4.775278, "relative_strength": 3.525064, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 85.636167, "energy": 94.561266, "activity_lines": [ 5.671333, 5.575927, 5.405598, 5.284745 ] }, { "date": "2024-02-23", "close": 5.8, "volume": 124584, "typical_volume": 115247.6, "trend": 5.186917, "fair_value": 4.785037, "relative_strength": 1.354291, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 84.801894, "energy": 93.843309, "activity_lines": [ 5.729267, 5.628691, 5.459036, 5.325591 ] }, { "date": "2024-03-01", "close": 5.842, "volume": 115375, "typical_volume": 115209.15, "trend": 5.210817, "fair_value": 4.795008, "relative_strength": 1.20082, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 83.187726, "energy": 89.822265, "activity_lines": [ 5.7792, 5.681273, 5.511888, 5.367855 ] }, { "date": "2024-03-08", "close": 5.884, "volume": 296088, "typical_volume": 125982.05, "trend": 5.23935, "fair_value": 4.805186, "relative_strength": 0.335003, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 82.000291, "energy": 83.007262, "activity_lines": [ 5.8258, 5.733709, 5.564257, 5.411286 ] }, { "date": "2024-03-15", "close": 5.823, "volume": 105863, "typical_volume": 128020.55, "trend": 5.2697, "fair_value": 4.81461, "relative_strength": -2.252979, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.280065, "energy": 68.156472, "activity_lines": [ 5.834533, 5.766491, 5.605493, 5.448941 ] }, { "date": "2024-03-22", "close": 5.964, "volume": 105885, "typical_volume": 132504.8, "trend": 5.303633, "fair_value": 4.825155, "relative_strength": -1.087327, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 83.810864, "energy": 73.24652, "activity_lines": [ 5.8832, 5.816055, 5.65465, 5.493734 ] }, { "date": "2024-03-29", "close": 5.979, "volume": 82995, "typical_volume": 134843.55, "trend": 5.332433, "fair_value": 4.835645, "relative_strength": -2.023093, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 79.673139, "energy": 71.632149, "activity_lines": [ 5.922, 5.858709, 5.700281, 5.537306 ] }, { "date": "2024-04-05", "close": 5.908, "volume": 790021, "typical_volume": 168500.05, "trend": 5.360733, "fair_value": 4.845305, "relative_strength": -1.140773, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.233465, "energy": 66.080854, "activity_lines": [ 5.9252, 5.8792, 5.734229, 5.57444 ] }, { "date": "2024-04-12", "close": 5.864, "volume": 141249, "typical_volume": 168410.2, "trend": 5.388, "fair_value": 4.854401, "relative_strength": -1.240534, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.48596, "energy": 64.771986, "activity_lines": [ 5.909333, 5.885764, 5.760129, 5.606909 ] }, { "date": "2024-04-19", "close": 5.65, "volume": 82140, "typical_volume": 156249.55, "trend": 5.412567, "fair_value": 4.861442, "relative_strength": -5.285556, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 48.475511, "energy": 46.281006, "activity_lines": [ 5.823467, 5.849, 5.762262, 5.623812 ] }, { "date": "2024-04-26", "close": 5.779, "volume": 211213, "typical_volume": 162654.6, "trend": 5.442367, "fair_value": 4.86949, "relative_strength": -4.020065, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 41.926733, "energy": 30.616934, "activity_lines": [ 5.792133, 5.836909, 5.774457, 5.647453 ] }, { "date": "2024-05-03", "close": 5.796, "volume": 98822, "typical_volume": 154242.6, "trend": 5.474333, "fair_value": 4.877547, "relative_strength": -1.991734, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 36.150633, "energy": 27.378645, "activity_lines": [ 5.7788, 5.827218, 5.785548, 5.670268 ] }, { "date": "2024-05-10", "close": 5.912, "volume": 62177, "typical_volume": 152693.4, "trend": 5.50805, "fair_value": 4.886465, "relative_strength": -3.007367, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 51.053382, "energy": 28.178559, "activity_lines": [ 5.816333, 5.838691, 5.805657, 5.698504 ] }, { "date": "2024-05-17", "close": 6.008, "volume": 144139, "typical_volume": 157701.6, "trend": 5.54945, "fair_value": 4.89605, "relative_strength": -3.475745, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 75.704034, "energy": 51.335916, "activity_lines": [ 5.8856, 5.866345, 5.832538, 5.730759 ] }, { "date": "2024-05-24", "close": 6.025, "volume": 79530, "typical_volume": 147001.0, "trend": 5.594733, "fair_value": 4.905618, "relative_strength": -0.624791, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 75.148001, "energy": 60.737198, "activity_lines": [ 5.950933, 5.894836, 5.858205, 5.76144 ] }, { "date": "2024-05-31", "close": 5.902, "volume": 103870, "typical_volume": 149587.75, "trend": 5.62735, "fair_value": 4.913991, "relative_strength": -2.623947, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 60.265132, "energy": 55.109496, "activity_lines": [ 5.950267, 5.897291, 5.868876, 5.781263 ] }, { "date": "2024-06-07", "close": 6.071, "volume": 83298, "typical_volume": 150249.75, "trend": 5.664867, "fair_value": 4.923633, "relative_strength": -0.279631, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 75.03176, "energy": 70.199896, "activity_lines": [ 5.997733, 5.9316, 5.893414, 5.809886 ] }, { "date": "2024-06-14", "close": 6.164, "volume": 431748, "typical_volume": 166396.45, "trend": 5.7004, "fair_value": 4.933883, "relative_strength": 7.326341, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 81.633264, "energy": 76.712686, "activity_lines": [ 6.057867, 5.981145, 5.923948, 5.842088 ] }, { "date": "2024-06-21", "close": 6.217, "volume": 160883, "typical_volume": 169782.4, "trend": 5.735867, "fair_value": 4.944401, "relative_strength": 6.098201, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 82.540584, "energy": 79.387774, "activity_lines": [ 6.118867, 6.035673, 5.956757, 5.875417 ] }, { "date": "2024-06-28", "close": 6.272, "volume": 78023, "typical_volume": 169487.75, "trend": 5.772167, "fair_value": 4.955194, "relative_strength": 7.409268, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 82.049798, "energy": 88.965326, "activity_lines": [ 6.184267, 6.093782, 5.991967, 5.910006 ] }, { "date": "2024-07-05", "close": 6.323, "volume": 34996, "typical_volume": 166644.95, "trend": 5.809367, "fair_value": 4.966225, "relative_strength": 5.556435, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 80.312497, "energy": 90.831389, "activity_lines": [ 6.2502, 6.149855, 6.02939, 5.945544 ] }, { "date": "2024-07-12", "close": 6.413, "volume": 73234, "typical_volume": 164077.45, "trend": 5.844133, "fair_value": 4.977799, "relative_strength": 5.147179, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 85.019498, "energy": 92.780281, "activity_lines": [ 6.318067, 6.2124, 6.072614, 5.984488 ] }, { "date": "2024-07-19", "close": 6.261, "volume": 31216, "typical_volume": 159869.5, "trend": 5.872367, "fair_value": 4.987983, "relative_strength": 3.702255, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 67.479654, "energy": 82.304675, "activity_lines": [ 6.312467, 6.236091, 6.098443, 6.011383 ] }, { "date": "2024-07-26", "close": 6.175, "volume": 39349, "typical_volume": 147032.55, "trend": 5.897767, "fair_value": 4.99733, "relative_strength": 3.427846, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 64.292465, "energy": 59.093053, "activity_lines": [ 6.271733, 6.2378, 6.114086, 6.030908 ] }, { "date": "2024-08-02", "close": 6.015, "volume": 3171730, "typical_volume": 300325.9, "trend": 5.9204, "fair_value": 5.00528, "relative_strength": 6.290368, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 40.75666, "energy": 32.996903, "activity_lines": [ 6.180467, 6.207382, 6.113105, 6.038471 ] }, { "date": "2024-08-09", "close": 6.021, "volume": 146675, "typical_volume": 302365.4, "trend": 5.939967, "fair_value": 5.013154, "relative_strength": 7.054419, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 26.853032, "energy": 24.331318, "activity_lines": [ 6.108333, 6.178236, 6.111781, 6.044961 ] }, { "date": "2024-08-16", "close": 6.277, "volume": 353594, "typical_volume": 315895.35, "trend": 5.966867, "fair_value": 5.022876, "relative_strength": 7.201739, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 43.014852, "energy": 27.599074, "activity_lines": [ 6.141667, 6.193473, 6.134567, 6.066705 ] }, { "date": "2024-08-23", "close": 6.375, "volume": 69592, "typical_volume": 279873.9, "trend": 5.9933, "fair_value": 5.033198, "relative_strength": 6.741558, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 55.747148, "energy": 28.545339, "activity_lines": [ 6.216733, 6.222782, 6.165267, 6.093037 ] }, { "date": "2024-08-30", "close": 6.34, "volume": 41016, "typical_volume": 274862.25, "trend": 6.017267, "fair_value": 5.043098, "relative_strength": 3.856116, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 63.052646, "energy": 43.278955, "activity_lines": [ 6.272533, 6.241891, 6.19041, 6.115404 ] }, { "date": "2024-09-06", "close": 6.119, "volume": 51612, "typical_volume": 273335.85, "trend": 6.030667, "fair_value": 5.051187, "relative_strength": 3.441986, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 49.61134, "energy": 37.801964, "activity_lines": [ 6.243667, 6.218582, 6.192238, 6.121968 ] }, { "date": "2024-09-13", "close": 6.372, "volume": 130476, "typical_volume": 269299.0, "trend": 6.0517, "fair_value": 5.061044, "relative_strength": 6.654722, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 64.449748, "energy": 47.920596, "activity_lines": [ 6.2922, 6.244055, 6.215929, 6.143989 ] }, { "date": "2024-09-20", "close": 6.44, "volume": 35601, "typical_volume": 266137.95, "trend": 6.073033, "fair_value": 5.071259, "relative_strength": 6.956029, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 70.262897, "energy": 55.240181, "activity_lines": [ 6.34, 6.281, 6.243271, 6.169041 ] }, { "date": "2024-09-27", "close": 6.523, "volume": 67890, "typical_volume": 266423.6, "trend": 6.095733, "fair_value": 5.081933, "relative_strength": 5.155432, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 74.183597, "energy": 59.336367, "activity_lines": [ 6.4046, 6.332545, 6.275452, 6.198071 ] }, { "date": "2024-10-04", "close": 6.464, "volume": 23154, "typical_volume": 260374.35, "trend": 6.115067, "fair_value": 5.092021, "relative_strength": 7.504716, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.07169, "energy": 69.412979, "activity_lines": [ 6.439667, 6.3686, 6.299105, 6.22183 ] }, { "date": "2024-10-11", "close": 6.596, "volume": 59182, "typical_volume": 259356.95, "trend": 6.140833, "fair_value": 5.10292, "relative_strength": 7.201528, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 74.521134, "energy": 76.88683, "activity_lines": [ 6.510467, 6.4234, 6.333157, 6.252858 ] }, { "date": "2024-10-18", "close": 6.656, "volume": 87787, "typical_volume": 258552.8, "trend": 6.1639, "fair_value": 5.114093, "relative_strength": 5.255749, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 78.679204, "energy": 81.588134, "activity_lines": [ 6.569467, 6.478545, 6.370205, 6.286095 ] }, { "date": "2024-10-25", "close": 6.637, "volume": 32742, "typical_volume": 256025.0, "trend": 6.185833, "fair_value": 5.124971, "relative_strength": 6.021878, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 72.309951, "energy": 80.058548, "activity_lines": [ 6.6032, 6.518691, 6.401852, 6.316617 ] }, { "date": "2024-11-01", "close": 6.536, "volume": 66560, "typical_volume": 237765.6, "trend": 6.206767, "fair_value": 5.134978, "relative_strength": 4.522109, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.439671, "energy": 73.343645, "activity_lines": [ 6.590133, 6.533927, 6.421186, 6.339209 ] }, { "date": "2024-11-08", "close": 6.832, "volume": 444520, "typical_volume": 251947.45, "trend": 6.239033, "fair_value": 5.146929, "relative_strength": 11.691143, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 86.283421, "energy": 82.419839, "activity_lines": [ 6.674867, 6.600055, 6.466938, 6.379546 ] }, { "date": "2024-11-15", "close": 6.709, "volume": 2453797, "typical_volume": 370736.15, "trend": 6.274333, "fair_value": 5.157852, "relative_strength": 8.208304, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 68.162895, "energy": 71.31561, "activity_lines": [ 6.694067, 6.634873, 6.498048, 6.409867 ] }, { "date": "2024-11-22", "close": 6.804, "volume": 4343652, "typical_volume": 586168.95, "trend": 6.3085, "fair_value": 5.169284, "relative_strength": 11.691843, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 76.261335, "energy": 70.761021, "activity_lines": [ 6.7374, 6.676236, 6.536124, 6.444039 ] }, { "date": "2024-11-29", "close": 6.899, "volume": 2021473, "typical_volume": 683580.9, "trend": 6.345267, "fair_value": 5.181213, "relative_strength": 13.124361, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 81.189329, "energy": 83.704253, "activity_lines": [ 6.802533, 6.727018, 6.580957, 6.482135 ] }, { "date": "2024-12-06", "close": 6.992, "volume": 1591589, "typical_volume": 761599.55, "trend": 6.381267, "fair_value": 5.193616, "relative_strength": 9.897996, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 84.354038, "energy": 89.885872, "activity_lines": [ 6.8812, 6.786364, 6.632333, 6.52386 ] }, { "date": "2024-12-13", "close": 6.935, "volume": 177147, "typical_volume": 768489.45, "trend": 6.412167, "fair_value": 5.205462, "relative_strength": 8.317775, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 73.888404, "energy": 88.450416, "activity_lines": [ 6.910467, 6.826818, 6.6748, 6.559585 ] }, { "date": "2024-12-20", "close": 6.824, "volume": 622892, "typical_volume": 641047.55, "trend": 6.4388, "fair_value": 5.216398, "relative_strength": 9.855697, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.749521, "energy": 74.053085, "activity_lines": [ 6.895867, 6.838527, 6.703076, 6.586155 ] }, { "date": "2024-12-27", "close": 6.843, "volume": 112529, "typical_volume": 639340.25, "trend": 6.470167, "fair_value": 5.227315, "relative_strength": 8.638219, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.823765, "energy": 58.364951, "activity_lines": [ 6.879933, 6.849545, 6.72931, 6.612232 ] }, { "date": "2025-01-03", "close": 6.788, "volume": 328784, "typical_volume": 638099.75, "trend": 6.494067, "fair_value": 5.237719, "relative_strength": 7.604306, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 49.151235, "energy": 42.373865, "activity_lines": [ 6.843067, 6.847164, 6.74639, 6.632738 ] }, { "date": "2025-01-10", "close": 6.667, "volume": 384011, "typical_volume": 653820.7, "trend": 6.510833, "fair_value": 5.247185, "relative_strength": 2.664207, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 39.750323, "energy": 24.957598, "activity_lines": [ 6.773267, 6.820036, 6.749514, 6.643895 ] }, { "date": "2025-01-17", "close": 6.883, "volume": 357344, "typical_volume": 669637.1, "trend": 6.533033, "fair_value": 5.257947, "relative_strength": 2.450252, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 47.003523, "energy": 27.067794, "activity_lines": [ 6.797133, 6.8298, 6.771819, 6.667905 ] }, { "date": "2025-01-24", "close": 7.022, "volume": 101947, "typical_volume": 672153.85, "trend": 6.558033, "fair_value": 5.269476, "relative_strength": 4.601586, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 70.175822, "energy": 40.489751, "activity_lines": [ 6.8708, 6.863909, 6.804776, 6.699452 ] }, { "date": "2025-01-31", "close": 7.007, "volume": 387649, "typical_volume": 685012.5, "trend": 6.580833, "fair_value": 5.280759, "relative_strength": 3.504545, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 66.405583, "energy": 44.94297, "activity_lines": [ 6.926267, 6.8896, 6.832005, 6.728417 ] }, { "date": "2025-02-07", "close": 6.94, "volume": 91459, "typical_volume": 687805.4, "trend": 6.5984, "fair_value": 5.291464, "relative_strength": 0.859637, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 58.461513, "energy": 47.713643, "activity_lines": [ 6.948467, 6.899418, 6.849829, 6.751589 ] }, { "date": "2025-02-14", "close": 7.014, "volume": 200479, "typical_volume": 694434.85, "trend": 6.6235, "fair_value": 5.302506, "relative_strength": -0.578375, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 64.690439, "energy": 61.605472, "activity_lines": [ 6.9852, 6.921945, 6.872319, 6.778402 ] }, { "date": "2025-02-21", "close": 6.957, "volume": 98688, "typical_volume": 698211.55, "trend": 6.649567, "fair_value": 5.31441, "relative_strength": -2.560772, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 58.420301, "energy": 49.675991, "activity_lines": [ 6.9798, 6.933709, 6.887043, 6.799918 ] }, { "date": "2025-02-28", "close": 6.697, "volume": 208826, "typical_volume": 705693.75, "trend": 6.6723, "fair_value": 5.325446, "relative_strength": -6.730216, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 22.86067, "energy": 16.252994, "activity_lines": [ 6.8828, 6.8978, 6.874657, 6.802978 ] }, { "date": "2025-03-07", "close": 6.466, "volume": 1220775, "typical_volume": 762343.15, "trend": 6.687133, "fair_value": 5.335, "relative_strength": -9.722296, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": -14.183848, "energy": 19.734809, "activity_lines": [ 6.730467, 6.8222, 6.83979, 6.789669 ] }, { "date": "2025-03-14", "close": 6.378, "volume": 553565, "typical_volume": 788384.3, "trend": 6.6905, "fair_value": 5.34399, "relative_strength": -11.03321, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -40.837412, "energy": 42.220526, "activity_lines": [ 6.584867, 6.737455, 6.797448, 6.769725 ] }, { "date": "2025-03-21", "close": 6.399, "volume": 266918, "typical_volume": 798402.2, "trend": 6.6913, "fair_value": 5.353115, "relative_strength": -11.522216, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -36.855912, "energy": 60.160446, "activity_lines": [ 6.483733, 6.663982, 6.758338, 6.750918 ] }, { "date": "2025-03-28", "close": 6.324, "volume": 1290979, "typical_volume": 840725.15, "trend": 6.690767, "fair_value": 5.36176, "relative_strength": -11.808187, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -48.096424, "energy": 73.925534, "activity_lines": [ 6.3986, 6.581745, 6.712738, 6.727222 ] }, { "date": "2025-04-04", "close": 5.862, "volume": 2650812, "typical_volume": 850575.9, "trend": 6.6822, "fair_value": 5.367442, "relative_strength": -8.558322, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -93.357794, "energy": 93.763276, "activity_lines": [ 6.201667, 6.425673, 6.625557, 6.673753 ] }, { "date": "2025-04-11", "close": 5.953, "volume": 351551, "typical_volume": 650970.85, "trend": 6.668233, "fair_value": 5.373708, "relative_strength": -5.456582, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -80.497036, "energy": 88.693904, "activity_lines": [ 6.090733, 6.307236, 6.551076, 6.626708 ] }, { "date": "2025-04-18", "close": 5.962, "volume": 1781879, "typical_volume": 638991.15, "trend": 6.6523, "fair_value": 5.380032, "relative_strength": -10.442643, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -73.88757, "energy": 87.18359, "activity_lines": [ 6.017, 6.2096, 6.481505, 6.581144 ] }, { "date": "2025-04-25", "close": 6.22, "volume": 594137, "typical_volume": 589118.55, "trend": 6.6422, "fair_value": 5.38801, "relative_strength": -9.968959, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.372773, "energy": 68.637474, "activity_lines": [ 6.057, 6.176655, 6.440967, 6.553254 ] }, { "date": "2025-05-02", "close": 6.436, "volume": 4560007, "typical_volume": 808261.55, "trend": 6.641267, "fair_value": 5.397372, "relative_strength": -9.182556, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.587273, "energy": 47.177551, "activity_lines": [ 6.180933, 6.197418, 6.424676, 6.539951 ] }, { "date": "2025-05-09", "close": 6.444, "volume": 765522, "typical_volume": 815393.05, "trend": 6.6362, "fair_value": 5.406785, "relative_strength": -11.412659, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -43.134988, "energy": 28.091042, "activity_lines": [ 6.300067, 6.229109, 6.411524, 6.527224 ] }, { "date": "2025-05-16", "close": 6.766, "volume": 572409, "typical_volume": 838387.05, "trend": 6.639867, "fair_value": 5.421029, "relative_strength": -9.897227, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -9.832375, "energy": 22.265666, "activity_lines": [ 6.487733, 6.323945, 6.430848, 6.535598 ] }, { "date": "2025-05-23", "close": 6.609, "volume": 336526, "typical_volume": 838774.15, "trend": 6.638933, "fair_value": 5.434266, "relative_strength": -9.286302, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -15.360085, "energy": 26.4936, "activity_lines": [ 6.568867, 6.384782, 6.435586, 6.533606 ] }, { "date": "2025-05-30", "close": 6.725, "volume": 327059, "typical_volume": 835926.55, "trend": 6.645233, "fair_value": 5.448247, "relative_strength": -9.071568, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "mixed", "direction": 22.157142, "energy": 30.273554, "activity_lines": [ 6.645533, 6.462509, 6.452224, 6.539159 ] }, { "date": "2025-06-06", "close": 6.856, "volume": 3420587, "typical_volume": 989088.7, "trend": 6.646033, "fair_value": 5.463067, "relative_strength": -8.415994, "stage": 3, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 32.325413, "energy": 37.916942, "activity_lines": [ 6.7322, 6.558127, 6.481062, 6.552757 ] }, { "date": "2025-06-13", "close": 6.85, "volume": 296510, "typical_volume": 998816.85, "trend": 6.650733, "fair_value": 5.477849, "relative_strength": -5.650039, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 30.128544, "energy": 47.963168, "activity_lines": [ 6.788867, 6.642982, 6.509457, 6.565916 ] }, { "date": "2025-06-20", "close": 6.812, "volume": 324111, "typical_volume": 995639.95, "trend": 6.651, "fair_value": 5.493952, "relative_strength": -5.547627, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 26.934864, "energy": 48.418845, "activity_lines": [ 6.8058, 6.702964, 6.535052, 6.57632 ] }, { "date": "2025-06-27", "close": 7.05, "volume": 214730, "typical_volume": 1001803.5, "trend": 6.656033, "fair_value": 5.51158, "relative_strength": -3.385419, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 41.035865, "energy": 58.31099, "activity_lines": [ 6.899, 6.7906, 6.584243, 6.602062 ] }, { "date": "2025-07-04", "close": 7.116, "volume": 444040, "typical_volume": 1013981.55, "trend": 6.660167, "fair_value": 5.529631, "relative_strength": -2.119582, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 51.994459, "energy": 68.007246, "activity_lines": [ 6.9848, 6.870455, 6.639195, 6.631738 ] }, { "date": "2025-07-11", "close": 7.126, "volume": 135875, "typical_volume": 1015840.9, "trend": 6.666533, "fair_value": 5.547747, "relative_strength": -3.019553, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 50.516824, "energy": 76.440814, "activity_lines": [ 7.047867, 6.935836, 6.694614, 6.661791 ] }, { "date": "2025-07-18", "close": 7.185, "volume": 762451, "typical_volume": 1043522.15, "trend": 6.678567, "fair_value": 5.56624, "relative_strength": -2.735747, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 77.936933, "energy": 89.94967, "activity_lines": [ 7.1126, 6.9994, 6.754848, 6.695241 ] }, { "date": "2025-07-25", "close": 7.283, "volume": 155985, "typical_volume": 990282.65, "trend": 6.693233, "fair_value": 5.585362, "relative_strength": -2.372419, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 82.389452, "energy": 92.302409, "activity_lines": [ 7.187667, 7.067309, 6.82209, 6.734237 ] }, { "date": "2025-08-01", "close": 7.111, "volume": 661242, "typical_volume": 995666.5, "trend": 6.704, "fair_value": 5.600378, "relative_strength": -2.709075, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.144024, "energy": 85.16473, "activity_lines": [ 7.174, 7.094545, 6.869062, 6.761189 ] }, { "date": "2025-08-08", "close": 7.284, "volume": 1805571, "typical_volume": 1072599.15, "trend": 6.724567, "fair_value": 5.615766, "relative_strength": -4.221383, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 76.375094, "energy": 82.512013, "activity_lines": [ 7.213933, 7.144109, 6.929019, 6.798609 ] }, { "date": "2025-08-15", "close": 7.361, "volume": 323935, "typical_volume": 1024246.95, "trend": 6.7405, "fair_value": 5.631647, "relative_strength": -5.372872, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 80.692032, "energy": 86.313838, "activity_lines": [ 7.268333, 7.197509, 6.992095, 6.839669 ] }, { "date": "2025-08-22", "close": 7.379, "volume": 156333, "typical_volume": 899523.0, "trend": 6.7524, "fair_value": 5.648811, "relative_strength": -6.389987, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 77.689577, "energy": 76.617403, "activity_lines": [ 7.313067, 7.245, 7.051948, 6.880862 ] }, { "date": "2025-08-29", "close": 7.36, "volume": 127683, "typical_volume": 888329.6, "trend": 6.764167, "fair_value": 5.665853, "relative_strength": -4.064425, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 71.620401, "energy": 85.799564, "activity_lines": [ 7.338533, 7.279418, 7.102767, 6.920062 ] }, { "date": "2025-09-05", "close": 7.382, "volume": 139726, "typical_volume": 806221.95, "trend": 6.7789, "fair_value": 5.683862, "relative_strength": -2.351904, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 70.351426, "energy": 84.500585, "activity_lines": [ 7.3662, 7.307873, 7.148981, 6.959923 ] }, { "date": "2025-09-12", "close": 7.525, "volume": 138060, "typical_volume": 783418.1, "trend": 6.795933, "fair_value": 5.70201, "relative_strength": -2.56611, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 84.955722, "energy": 83.377164, "activity_lines": [ 7.423467, 7.356291, 7.202052, 7.008058 ] }, { "date": "2025-09-19", "close": 7.592, "volume": 462288, "typical_volume": 578532.15, "trend": 6.8171, "fair_value": 5.723798, "relative_strength": -0.989715, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 85.802234, "energy": 82.308411, "activity_lines": [ 7.487, 7.409455, 7.25529, 7.059417 ] }, { "date": "2025-09-26", "close": 7.563, "volume": 1256477, "typical_volume": 603079.9, "trend": 6.845967, "fair_value": 5.745503, "relative_strength": -2.031309, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 76.286303, "energy": 77.660587, "activity_lines": [ 7.525467, 7.448873, 7.300262, 7.10754 ] }, { "date": "2025-10-03", "close": 7.704, "volume": 1638788, "typical_volume": 656398.85, "trend": 6.887233, "fair_value": 5.768256, "relative_strength": -1.466801, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 86.100767, "energy": 82.9458, "activity_lines": [ 7.598667, 7.507055, 7.353333, 7.162897 ] }, { "date": "2025-10-10", "close": 7.586, "volume": 911279, "typical_volume": 685136.5, "trend": 6.9275, "fair_value": 5.790574, "relative_strength": -0.058022, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.577175, "energy": 66.768133, "activity_lines": [ 7.6096, 7.536127, 7.3907, 7.207978 ] }, { "date": "2025-10-17", "close": 7.548, "volume": 544653, "typical_volume": 696016.2, "trend": 6.9658, "fair_value": 5.812311, "relative_strength": 0.220705, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.091785, "energy": 63.961537, "activity_lines": [ 7.594267, 7.549655, 7.419795, 7.248011 ] }, { "date": "2025-10-24", "close": 7.7515, "volume": 203338, "typical_volume": 535153.75, "trend": 7.013383, "fair_value": 5.834138, "relative_strength": 1.247514, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 80.152809, "energy": 68.974211, "activity_lines": [ 7.645233, 7.595382, 7.464352, 7.298701 ] }, { "date": "2025-10-31", "close": 7.823, "volume": 1151338, "typical_volume": 577895.15, "trend": 7.07875, "fair_value": 5.857481, "relative_strength": 0.631491, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 81.874074, "energy": 69.798626, "activity_lines": [ 7.7094, 7.647009, 7.511455, 7.350934 ] }, { "date": "2025-11-07", "close": 7.582, "volume": 1456682, "typical_volume": 634523.7, "trend": 7.13305, "fair_value": 5.87791, "relative_strength": -1.618052, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.184494, "energy": 57.506639, "activity_lines": [ 7.6759, 7.646745, 7.530971, 7.383402 ] }, { "date": "2025-11-14", "close": 7.711, "volume": 1588012, "typical_volume": 703187.8, "trend": 7.19135, "fair_value": 5.898891, "relative_strength": -2.174116, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.251051, "energy": 55.930098, "activity_lines": [ 7.693533, 7.6659, 7.559107, 7.420689 ] }, { "date": "2025-11-21", "close": 7.479, "volume": 1335841, "typical_volume": 747777.85, "trend": 7.233317, "fair_value": 5.917811, "relative_strength": -1.859605, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 46.272403, "energy": 36.262143, "activity_lines": [ 7.6255, 7.636891, 7.562, 7.439247 ] }, { "date": "2025-11-28", "close": 7.795, "volume": 1234642, "typical_volume": 802716.2, "trend": 7.278617, "fair_value": 5.938606, "relative_strength": 0.937254, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.872316, "energy": 39.580484, "activity_lines": [ 7.6674, 7.666173, 7.59326, 7.475485 ] }, { "date": "2025-12-05", "close": 7.845, "volume": 3082627, "typical_volume": 918725.0, "trend": 7.325317, "fair_value": 5.960256, "relative_strength": 1.632833, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 71.519294, "energy": 46.451888, "activity_lines": [ 7.723067, 7.700855, 7.626095, 7.512026 ] }, { "date": "2025-12-12", "close": 7.781, "volume": 2081857, "typical_volume": 1015018.6, "trend": 7.35915, "fair_value": 5.982458, "relative_strength": 0.833816, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 60.788518, "energy": 43.299985, "activity_lines": [ 7.755933, 7.718773, 7.649693, 7.541425 ] }, { "date": "2025-12-19", "close": 7.785, "volume": 880680, "typical_volume": 1025990.5, "trend": 7.39835, "fair_value": 6.004878, "relative_strength": -1.617909, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.450202, "energy": 46.97825, "activity_lines": [ 7.776867, 7.736018, 7.6713, 7.568899 ] }, { "date": "2025-12-26", "close": 7.863, "volume": 57359, "typical_volume": 938579.9, "trend": 7.436283, "fair_value": 6.027939, "relative_strength": -0.034381, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.592483, "energy": 57.623043, "activity_lines": [ 7.818867, 7.763827, 7.697126, 7.598876 ] }, { "date": "2026-01-02", "close": 7.794, "volume": 189133, "typical_volume": 931839.8, "trend": 7.46755, "fair_value": 6.05058, "relative_strength": -2.297557, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 59.185106, "energy": 43.578398, "activity_lines": [ 7.812267, 7.773364, 7.713624, 7.621955 ] }, { "date": "2026-01-09", "close": 7.915, "volume": 1055304, "typical_volume": 976788.35, "trend": 7.50305, "fair_value": 6.072753, "relative_strength": -1.347379, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.626722, "energy": 47.558288, "activity_lines": [ 7.846067, 7.804127, 7.739583, 7.650823 ] }, { "date": "2026-01-16", "close": 7.891, "volume": 1357532, "typical_volume": 1038280.8, "trend": 7.539017, "fair_value": 6.09501, "relative_strength": -1.631933, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.218314, "energy": 46.977988, "activity_lines": [ 7.8672, 7.828855, 7.760705, 7.675852 ] }, { "date": "2026-01-23", "close": 7.846, "volume": 721383, "typical_volume": 1067363.65, "trend": 7.56555, "fair_value": 6.116042, "relative_strength": 0.127405, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 56.770989, "energy": 40.20235, "activity_lines": [ 7.866, 7.839782, 7.775012, 7.695657 ] }, { "date": "2026-01-30", "close": 7.838, "volume": 1152712, "typical_volume": 1118096.25, "trend": 7.589617, "fair_value": 6.13601, "relative_strength": -1.284871, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 54.496371, "energy": 37.858823, "activity_lines": [ 7.858067, 7.8468, 7.786348, 7.713234 ] }, { "date": "2026-02-06", "close": 7.757, "volume": 2534925, "typical_volume": 1221728.1, "trend": 7.61065, "fair_value": 6.156337, "relative_strength": -2.855372, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 39.244118, "energy": 24.819194, "activity_lines": [ 7.8248, 7.832564, 7.788479, 7.724033 ] }, { "date": "2026-02-13", "close": 7.705, "volume": 7009188, "typical_volume": 1509363.65, "trend": 7.627983, "fair_value": 6.176433, "relative_strength": -2.3966, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 27.805615, "energy": 15.201038, "activity_lines": [ 7.776667, 7.809564, 7.784871, 7.73012 ] }, { "date": "2026-02-20", "close": 7.731, "volume": 2603662, "typical_volume": 1557607.35, "trend": 7.642917, "fair_value": 6.19741, "relative_strength": -4.106854, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 23.716013, "energy": 16.647152, "activity_lines": [ 7.7512, 7.793836, 7.783064, 7.736767 ] }, { "date": "2026-02-27", "close": 7.709, "volume": 5602551, "typical_volume": 1792170.95, "trend": 7.66285, "fair_value": 6.217837, "relative_strength": -5.768444, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 5.559681, "energy": 13.687826, "activity_lines": [ 7.729067, 7.775018, 7.779033, 7.74103 ] }, { "date": "2026-03-06", "close": 7.569, "volume": 2770238, "typical_volume": 1903450.2, "trend": 7.67235, "fair_value": 6.23808, "relative_strength": -1.114381, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -30.933939, "energy": 28.286914, "activity_lines": [ 7.6694, 7.732127, 7.761083, 7.734975 ] }, { "date": "2026-03-13", "close": 7.438, "volume": 4199198, "typical_volume": 2103243.2, "trend": 7.674917, "fair_value": 6.25741, "relative_strength": -3.218105, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -41.500137, "energy": 52.268505, "activity_lines": [ 7.584, 7.670764, 7.730557, 7.719856 ] }, { "date": "2026-03-20", "close": 7.326, "volume": 2520067, "typical_volume": 2171679.65, "trend": 7.67315, "fair_value": 6.27591, "relative_strength": -1.46856, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -56.805779, "energy": 69.743763, "activity_lines": [ 7.482533, 7.595509, 7.690857, 7.697345 ] }, { "date": "2026-03-27", "close": 7.142, "volume": 3298017, "typical_volume": 2263746.4, "trend": 7.665883, "fair_value": 6.292208, "relative_strength": -5.149271, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -87.738692, "energy": 86.791882, "activity_lines": [ 7.345, 7.497509, 7.636, 7.663077 ] }, { "date": "2026-04-03", "close": 7.343, "volume": 1956170, "typical_volume": 2282154.3, "trend": 7.664583, "fair_value": 6.309907, "relative_strength": -7.195794, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.578299, "energy": 77.570843, "activity_lines": [ 7.313733, 7.449673, 7.602381, 7.642246 ] }, { "date": "2026-04-10", "close": 7.644, "volume": 2709671, "typical_volume": 2350845.8, "trend": 7.66855, "fair_value": 6.329221, "relative_strength": -7.269626, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -58.561696, "energy": 52.409211, "activity_lines": [ 7.4072, 7.465709, 7.599181, 7.640918 ] }, { "date": "2026-04-17", "close": 8.013, "volume": 2251273, "typical_volume": 2401677.35, "trend": 7.682583, "fair_value": 6.350923, "relative_strength": -5.281297, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -8.319656, "energy": 6.865429, "activity_lines": [ 7.618667, 7.552364, 7.630338, 7.663141 ] }, { "date": "2026-04-24", "close": 8.026, "volume": 2747863, "typical_volume": 2384939.15, "trend": 7.698017, "fair_value": 6.372577, "relative_strength": -2.733063, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "mixed", "direction": 22.779917, "energy": 30.340139, "activity_lines": [ 7.796133, 7.636727, 7.661695, 7.685297 ] }, { "date": "2026-05-01", "close": 8.045, "volume": 1462923, "typical_volume": 2353992.45, "trend": 7.709383, "fair_value": 6.394449, "relative_strength": -3.682585, "stage": 3, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 33.583894, "energy": 42.359706, "activity_lines": [ 7.933267, 7.718709, 7.694, 7.707683 ] }, { "date": "2026-05-08", "close": 8.304, "volume": 2168375, "typical_volume": 2418377.2, "trend": 7.733317, "fair_value": 6.417971, "relative_strength": -2.739303, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 83.846809, "energy": 80.562911, "activity_lines": [ 8.096533, 7.842073, 7.749714, 7.746045 ] }, { "date": "2026-05-15", "close": 8.353, "volume": 1498979, "typical_volume": 2490458.2, "trend": 7.76015, "fair_value": 6.441196, "relative_strength": -1.858525, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 81.710223, "energy": 87.939263, "activity_lines": [ 8.212067, 7.963527, 7.807624, 7.786025 ] }, { "date": "2026-05-22", "close": 8.424, "volume": 3241381, "typical_volume": 2643070.6, "trend": 7.782567, "fair_value": 6.464817, "relative_strength": -1.843605, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 80.262686, "energy": 89.076086, "activity_lines": [ 8.304, 8.083636, 7.869962, 7.828854 ] }, { "date": "2026-05-29", "close": 8.547, "volume": 1097243, "typical_volume": 2645167.55, "trend": 7.8067, "fair_value": 6.489388, "relative_strength": -1.490688, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 82.338677, "energy": 92.321739, "activity_lines": [ 8.409533, 8.208182, 7.941014, 7.878172 ] }, { "date": "2026-06-05", "close": 8.437, "volume": 909153, "typical_volume": 2622748.6, "trend": 7.8352, "fair_value": 6.512311, "relative_strength": -2.480479, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.527449, "energy": 85.781452, "activity_lines": [ 8.443667, 8.290527, 7.998581, 7.918837 ] }, { "date": "2026-06-12", "close": 8.362, "volume": 165124, "typical_volume": 2594935.65, "trend": 7.8569, "fair_value": 6.533811, "relative_strength": -6.240275, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.559167, "energy": 76.138708, "activity_lines": [ 8.426667, 8.335691, 8.046405, 7.952824 ] }, { "date": "2026-06-19", "close": 8.435, "volume": 31350, "typical_volume": 2538867.55, "trend": 7.888767, "fair_value": 6.556199, "relative_strength": -7.697462, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.520536, "energy": 66.841868, "activity_lines": [ 8.430133, 8.3756, 8.098724, 7.99012 ] }, { "date": "2026-06-26", "close": 8.275, "volume": 116258, "typical_volume": 2417934.2, "trend": 7.904767, "fair_value": 6.576981, "relative_strength": -6.484242, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 60.780391, "energy": 52.675273, "activity_lines": [ 8.3748, 8.372036, 8.132962, 8.015039 ] }, { "date": "2026-07-03", "close": 8.431, "volume": 23165, "typical_volume": 2068633.05, "trend": 7.9243, "fair_value": 6.598968, "relative_strength": -7.318227, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 55.50311, "energy": 48.380668, "activity_lines": [ 8.3814, 8.392073, 8.17959, 8.048989 ] }, { "date": "2026-07-10", "close": 8.495, "volume": 327159, "typical_volume": 1954807.9, "trend": 7.9481, "fair_value": 6.620564, "relative_strength": -6.079411, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 70.891138, "energy": 56.302983, "activity_lines": [ 8.417067, 8.416382, 8.228857, 8.085809 ] }, { "date": "2026-07-17", "close": 8.389, "volume": 2893822, "typical_volume": 1819371.45, "trend": 7.968233, "fair_value": 6.641276, "relative_strength": -5.768399, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 59.830051, "energy": 51.417375, "activity_lines": [ 8.413533, 8.413236, 8.26439, 8.114254 ] }, { "date": "2026-07-24", "close": 8.337, "volume": 603338, "typical_volume": 1711026.45, "trend": 7.984033, "fair_value": 6.661391, "relative_strength": -6.019454, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 50.103112, "energy": 45.545462, "activity_lines": [ 8.390867, 8.399091, 8.291733, 8.138045 ] }, { "date": "2026-07-31", "close": 8.327, "volume": 580421, "typical_volume": 1530087.6, "trend": 8.0018, "fair_value": 6.681917, "relative_strength": -6.606431, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 45.391612, "energy": 37.247031, "activity_lines": [ 8.3714, 8.383418, 8.314467, 8.160172 ] }, { "date": "2026-08-07", "close": 8.725, "volume": 640446, "typical_volume": 1436106.55, "trend": 8.0288, "fair_value": 6.705615, "relative_strength": -4.82067, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 82.122869, "energy": 55.42034, "activity_lines": [ 8.481133, 8.441873, 8.370871, 8.20683 ] } ], "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." } } }