{ "ticker": { "uuid": "0b9a2834-3f13-46e3-9658-cacf2cfa8082", "symbol": "SIL3L", "name": "SG ETC DAILY LONG +3X SILVER FUTURE", "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": 4, "stage_name": "Declining", "phase": "4b", "phase_label": "Stage 4B \u00b7 Declining", "transition": "stage_4_declining", "transition_label": "Stage 4 decline intact", "confidence": 96.0, "architecture_regime": "downward_expansion", "architecture_regime_label": "Downward Expansion", "architecture_modifier": "Established contraction", "architecture_gate": "down", "architecture_direction": -68.343, "architecture_energy": 68.379, "architecture_maturity": 100.0, "architecture_confidence": 96, "architecture_tenure": "Established", "architecture": { "interpretation": { "headline": "The weekly architecture is expanding downward.", "body": "Trend and Activity show sustained negative alignment with weak price acceptance. Repair requires persistent improvement across the structure, not merely one strong observation." }, "scores": { "balance": 5.93, "rotation_up": 30.0, "upward_expansion": 12.0, "deceleration": 61.0, "rotation_down": 59.3, "downward_expansion": 87.67 }, "activity_lines": [ 6.398267, 6.819255, 9.647214, 15.786978 ], "activity_state": "Wide", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": -0.833333 }, "latest_close": 7.502, "trend_reference": 42.893033, "distance_from_trend": -0.8251, "trend_direction": "Weakening", "fair_value": 31.942088, "distance_from_fair_value": -0.765137, "fair_value_direction": "Weakening", "relative_strength": -88.337797, "relative_strength_direction": "Weakening", "price_momentum": -0.653807, "excess_performance": -0.824699, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.8251, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.420133, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.765137, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -0.346351, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.883378, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.177043, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.653807, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.259439, "read": "Supply-led" } ], "volume": { "latest": 47032, "relative_activity": 1.980658, "balance": 0.259439, "dry_up": 1.436158, "accumulation_observations": 1, "distribution_observations": 4 }, "risk": { "range_context": 0.357474, "annualized_volatility": 1.47349, "from_high_reference": -0.987461, "from_low_reference": 0.47098 }, "levels": { "trend_reference": 42.893033, "fair_value_reference": 31.942088, "structural_low": 5.1, "invalidation": "Reclaiming a flat-to-rising Trend with improving relative strength is required before the declining diagnosis is repaired." }, "outcomes": [ { "horizon": "Near term", "sample_count": 15, "median_return": 0.027163, "positive_rate": 0.6, "directional_follow_through": 0.4, "median_excess_return": 0.002687, "regime_survival": 0.733333, "best_return": 0.781794, "worst_return": -0.344828, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 5, "median_return": 0.060516, "positive_rate": 0.6, "directional_follow_through": 0.4, "median_excess_return": 0.00933, "regime_survival": 0.2, "best_return": 0.947581, "worst_return": -0.74776, "sufficient": true }, { "horizon": "Extended", "sample_count": 3, "median_return": 0.262573, "positive_rate": 0.666667, "directional_follow_through": 0.333333, "median_excess_return": 0.10159, "regime_survival": 0.333333, "best_return": 0.319411, "worst_return": -0.032007, "sufficient": false }, { "horizon": "Full cycle", "sample_count": 2, "median_return": 3.104499, "positive_rate": 1.0, "directional_follow_through": 0.0, "median_excess_return": 2.858876, "regime_survival": 0.0, "best_return": 5.931818, "worst_return": 0.27718, "sufficient": false } ], "ledger": [ { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2024-10-11", "end": "2024-11-15", "tenure": "Developing", "return": -0.03657, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-11-22", "end": "2024-12-27", "tenure": "Developing", "return": -0.167766, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-01-03", "end": "2025-01-31", "tenure": "Developing", "return": 0.181818, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-02-07", "end": "2025-03-21", "tenure": "Developing", "return": 0.05011, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-03-28", "end": "2025-03-28", "tenure": "New", "return": 0.0, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-04-04", "end": "2025-04-11", "tenure": "New", "return": 0.097519, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-04-18", "end": "2025-06-13", "tenure": "Developing", "return": 0.282877, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-06-20", "end": "2025-06-27", "tenure": "New", "return": -0.030061, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-07-04", "end": "2025-08-15", "tenure": "Developing", "return": 0.000383, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-08-22", "end": "2025-09-05", "tenure": "New", "return": 0.324081, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-09-12", "end": "2026-02-13", "tenure": "Established", "return": -0.346038, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-02-20", "end": "2026-02-27", "tenure": "New", "return": 0.420439, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2026-03-06", "end": "2026-04-10", "tenure": "Developing", "return": -0.34406, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-04-17", "end": "2026-08-07", "tenure": "Established", "return": -0.646299, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 15.838, "volume": 822, "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": 18.856001, "volume": 5067, "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": 20.165001, "volume": 50, "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": "2023-09-08", "close": 16.125999, "volume": 2157, "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": "2023-09-15", "close": 15.434, "volume": 181, "typical_volume": 1973.1, "trend": 18.489167, "fair_value": 19.488381, "relative_strength": -23.051279, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.705403, "energy": 31.141911, "activity_lines": [ 17.047933, 17.4078, 17.71801, 18.310753 ] }, { "date": "2023-09-22", "close": 16.802, "volume": 26, "typical_volume": 1974.4, "trend": 18.5549, "fair_value": 19.455216, "relative_strength": -15.370202, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -51.184039, "energy": 32.170019, "activity_lines": [ 16.887333, 17.177636, 17.588362, 18.201903 ] }, { "date": "2023-09-29", "close": 15.058, "volume": 713, "typical_volume": 1740.3, "trend": 18.5713, "fair_value": 19.401592, "relative_strength": -23.056799, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -68.933655, "energy": 68.466522, "activity_lines": [ 16.081133, 16.697709, 17.323205, 17.976297 ] }, { "date": "2023-10-06", "close": 11.892, "volume": 979, "typical_volume": 1771.35, "trend": 18.514367, "fair_value": 19.311115, "relative_strength": -37.957331, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -85.064651, "energy": 81.618725, "activity_lines": [ 14.4728, 15.751, 16.779743, 17.545374 ] }, { "date": "2023-10-13", "close": 15.124, "volume": 65, "typical_volume": 1453.65, "trend": 18.491433, "fair_value": 19.261268, "relative_strength": -22.108343, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.340671, "energy": 71.382403, "activity_lines": [ 14.493333, 15.530182, 16.577024, 17.326641 ] }, { "date": "2023-10-20", "close": 15.438, "volume": 7485, "typical_volume": 1827.9, "trend": 18.3771, "fair_value": 19.216288, "relative_strength": -17.853835, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.857826, "energy": 64.168055, "activity_lines": [ 14.685333, 15.410345, 16.415343, 17.129645 ] }, { "date": "2023-10-27", "close": 15.206, "volume": 10, "typical_volume": 1828.4, "trend": 18.255033, "fair_value": 19.169657, "relative_strength": -18.843898, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -58.299937, "energy": 48.756078, "activity_lines": [ 14.799733, 15.252655, 16.241205, 16.925058 ] }, { "date": "2023-11-03", "close": 16.382, "volume": 80, "typical_volume": 1789.0, "trend": 18.031267, "fair_value": 19.137615, "relative_strength": -16.837701, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -40.424317, "energy": 24.476927, "activity_lines": [ 15.412533, 15.320273, 16.18981, 16.804217 ] }, { "date": "2023-11-10", "close": 15.42, "volume": 15, "typical_volume": 1625.6, "trend": 17.701267, "fair_value": 19.09537, "relative_strength": -20.923799, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -37.171997, "energy": 21.333064, "activity_lines": [ 15.6164, 15.257964, 16.062957, 16.635748 ] }, { "date": "2023-11-17", "close": 16.412001, "volume": 2195, "typical_volume": 1408.85, "trend": 17.474167, "fair_value": 19.065219, "relative_strength": -18.382315, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -31.836842, "energy": 17.495513, "activity_lines": [ 15.915734, 15.462291, 16.032286, 16.55257 ] }, { "date": "2023-11-24", "close": 15.85, "volume": 80, "typical_volume": 1412.85, "trend": 17.228333, "fair_value": 19.029495, "relative_strength": -20.679954, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -30.147353, "energy": 18.177424, "activity_lines": [ 15.941867, 15.559237, 15.947748, 16.447785 ] }, { "date": "2023-12-01", "close": 15.85, "volume": 0, "typical_volume": 1293.35, "trend": 16.9825, "fair_value": 18.994555, "relative_strength": -21.274531, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -30.319823, "energy": 14.936301, "activity_lines": [ 15.940534, 15.648618, 15.865543, 16.35886 ] }, { "date": "2023-12-08", "close": 15.85, "volume": 0, "typical_volume": 1291.85, "trend": 16.846367, "fair_value": 18.960375, "relative_strength": -21.625326, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -29.528392, "energy": 14.901901, "activity_lines": [ 15.896267, 15.755309, 15.805505, 16.285796 ] }, { "date": "2023-12-15", "close": 16.368, "volume": 619, "typical_volume": 1193.0, "trend": 16.765033, "fair_value": 18.9325, "relative_strength": -18.212864, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -14.908042, "energy": 8.531237, "activity_lines": [ 16.060133, 15.941782, 15.819538, 16.254933 ] }, { "date": "2023-12-22", "close": 16.792, "volume": 74, "typical_volume": 1112.65, "trend": 16.7427, "fair_value": 18.909729, "relative_strength": -15.128956, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -3.39412, "energy": 7.488518, "activity_lines": [ 16.302133, 16.123964, 15.888848, 16.256673 ] }, { "date": "2023-12-29", "close": 15.738, "volume": 720, "typical_volume": 1066.9, "trend": 16.685233, "fair_value": 18.876342, "relative_strength": -19.485365, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -16.239155, "energy": 10.514551, "activity_lines": [ 16.167467, 16.084182, 15.861329, 16.191854 ] }, { "date": "2024-01-05", "close": 14.53, "volume": 825, "typical_volume": 1067.05, "trend": 16.5875, "fair_value": 18.831068, "relative_strength": -24.939979, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -49.162595, "energy": 23.232568, "activity_lines": [ 15.6376, 15.819309, 15.718467, 16.052807 ] }, { "date": "2024-01-12", "close": 14.56, "volume": 1419, "typical_volume": 884.65, "trend": 16.413633, "fair_value": 18.787036, "relative_strength": -23.993412, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -61.6684, "energy": 51.265149, "activity_lines": [ 15.205733, 15.572182, 15.584691, 15.922 ] }, { "date": "2024-01-19", "close": 13.106, "volume": 1500, "typical_volume": 957.15, "trend": 16.324567, "fair_value": 18.729067, "relative_strength": -30.243102, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -80.164046, "energy": 77.818951, "activity_lines": [ 14.3752, 15.093818, 15.332895, 15.708604 ] }, { "date": "2024-01-26", "close": 13.49, "volume": 2015, "typical_volume": 950.05, "trend": 16.229567, "fair_value": 18.676147, "relative_strength": -27.525042, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -70.742715, "energy": 77.81375, "activity_lines": [ 13.890133, 14.727345, 15.151286, 15.525729 ] }, { "date": "2024-02-02", "close": 14.22, "volume": 1515, "typical_volume": 1016.75, "trend": 16.1589, "fair_value": 18.631585, "relative_strength": -23.967384, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.634267, "energy": 73.256052, "activity_lines": [ 13.868533, 14.546727, 15.051752, 15.39608 ] }, { "date": "2024-02-09", "close": 12.908, "volume": 800, "typical_volume": 1055.45, "trend": 15.905667, "fair_value": 18.574916, "relative_strength": -31.43038, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -75.56124, "energy": 77.038548, "activity_lines": [ 13.5108, 14.1572, 14.833048, 15.186344 ] }, { "date": "2024-02-16", "close": 13.462, "volume": 335, "typical_volume": 1036.55, "trend": 15.6529, "fair_value": 18.524789, "relative_strength": -29.42412, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.034138, "energy": 58.864447, "activity_lines": [ 13.445867, 13.921891, 14.685648, 15.028688 ] }, { "date": "2024-02-23", "close": 13.462, "volume": 0, "typical_volume": 987.6, "trend": 15.451767, "fair_value": 18.475636, "relative_strength": -31.212017, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -59.55088, "energy": 47.743865, "activity_lines": [ 13.454133, 13.73, 14.545848, 14.88734 ] }, { "date": "2024-03-01", "close": 13.424, "volume": 15, "typical_volume": 985.1, "trend": 15.314633, "fair_value": 18.427063, "relative_strength": -31.636906, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -59.008655, "energy": 46.020758, "activity_lines": [ 13.426, 13.584036, 14.394952, 14.756516 ] }, { "date": "2024-03-08", "close": 14.94, "volume": 720, "typical_volume": 646.85, "trend": 15.2901, "fair_value": 18.393853, "relative_strength": -24.862838, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -35.562841, "energy": 24.054511, "activity_lines": [ 13.9076, 13.774945, 14.396533, 14.732346 ] }, { "date": "2024-03-15", "close": 14.94, "volume": 0, "typical_volume": 646.35, "trend": 15.260167, "fair_value": 18.361269, "relative_strength": -25.61686, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -26.863903, "energy": 17.831927, "activity_lines": [ 14.3412, 13.980364, 14.400486, 14.709759 ] }, { "date": "2024-03-22", "close": 16.610001, "volume": 960, "typical_volume": 690.35, "trend": 15.1853, "fair_value": 18.344902, "relative_strength": -17.61897, "stage": 1, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "mixed", "direction": 26.265562, "energy": 29.251355, "activity_lines": [ 15.196, 14.481964, 14.564752, 14.796845 ] }, { "date": "2024-03-29", "close": 16.610001, "volume": 0, "typical_volume": 689.6, "trend": 15.0668, "fair_value": 18.328838, "relative_strength": -17.996165, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 39.590387, "energy": 44.946519, "activity_lines": [ 15.840934, 14.946291, 14.727934, 14.888761 ] }, { "date": "2024-04-05", "close": 21.485001, "volume": 124, "typical_volume": 586.05, "trend": 15.245433, "fair_value": 18.357794, "relative_strength": 9.157817, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 95.540926, "energy": 95.680291, "activity_lines": [ 17.901001, 16.233273, 15.349734, 15.302839 ] }, { "date": "2024-04-12", "close": 26.620001, "volume": 260, "typical_volume": 595.05, "trend": 15.6183, "fair_value": 18.432905, "relative_strength": 36.781914, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 99.500615, "energy": 99.586896, "activity_lines": [ 21.135334, 18.308528, 16.436424, 16.036682 ] }, { "date": "2024-04-19", "close": 25.525, "volume": 95, "typical_volume": 599.8, "trend": 15.909067, "fair_value": 18.496798, "relative_strength": 30.914061, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 94.22186, "energy": 97.914455, "activity_lines": [ 23.226001, 19.959237, 17.367543, 16.675824 ] }, { "date": "2024-04-26", "close": 21.82, "volume": 285, "typical_volume": 614.05, "trend": 16.134467, "fair_value": 18.526469, "relative_strength": 11.664303, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 68.556187, "energy": 88.870698, "activity_lines": [ 23.376, 20.70691, 17.899734, 17.057174 ] }, { "date": "2024-05-03", "close": 21.535, "volume": 50, "typical_volume": 585.6, "trend": 16.4559, "fair_value": 18.553093, "relative_strength": 13.036587, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.119113, "energy": 87.697439, "activity_lines": [ 23.083667, 21.2508, 18.376353, 17.405596 ] }, { "date": "2024-05-10", "close": 21.535, "volume": 0, "typical_volume": 581.9, "trend": 16.6696, "fair_value": 18.57925, "relative_strength": 10.085601, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.877753, "energy": 65.561628, "activity_lines": [ 22.463, 21.647909, 18.828367, 17.73328 ] }, { "date": "2024-05-17", "close": 26.73, "volume": 84, "typical_volume": 550.1, "trend": 17.046, "fair_value": 18.650126, "relative_strength": 33.452071, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 89.210474, "energy": 71.335868, "activity_lines": [ 23.570667, 22.842091, 19.752557, 18.382338 ] }, { "date": "2024-05-24", "close": 28.235001, "volume": 647, "typical_volume": 541.2, "trend": 17.4803, "fair_value": 18.732755, "relative_strength": 43.870494, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 86.461579, "energy": 71.218212, "activity_lines": [ 25.172667, 24.095546, 20.767738, 19.104209 ] }, { "date": "2024-05-31", "close": 32.924999, "volume": 429, "typical_volume": 491.7, "trend": 18.031733, "fair_value": 18.854056, "relative_strength": 66.026917, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 91.485014, "energy": 75.53949, "activity_lines": [ 28.157333, 25.96, 22.164324, 20.100641 ] }, { "date": "2024-06-07", "close": 28.065001, "volume": 59, "typical_volume": 419.65, "trend": 18.453234, "fair_value": 18.932115, "relative_strength": 40.05248, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.144478, "energy": 66.474084, "activity_lines": [ 28.781667, 26.644182, 23.0106, 20.747949 ] }, { "date": "2024-06-14", "close": 23.77, "volume": 419, "typical_volume": 339.85, "trend": 18.6985, "fair_value": 18.972769, "relative_strength": 25.788874, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.286732, "energy": 59.700113, "activity_lines": [ 27.539, 26.339182, 23.376596, 21.090966 ] }, { "date": "2024-06-21", "close": 24.195, "volume": 203, "typical_volume": 274.25, "trend": 18.976667, "fair_value": 19.016288, "relative_strength": 24.95383, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 60.053013, "energy": 49.81617, "activity_lines": [ 26.289, 26.069909, 23.734115, 21.445579 ] }, { "date": "2024-06-28", "close": 24.195, "volume": 0, "typical_volume": 234.25, "trend": 19.254834, "fair_value": 19.059087, "relative_strength": 24.914111, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 40.925818, "energy": 26.151805, "activity_lines": [ 25.208, 25.844727, 24.044134, 21.782245 ] }, { "date": "2024-07-05", "close": 26.334999, "volume": 5130, "typical_volume": 474.0, "trend": 19.604333, "fair_value": 19.118726, "relative_strength": 31.816612, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 40.459133, "energy": 27.719876, "activity_lines": [ 25.109666, 26.032818, 24.504214, 22.23903 ] }, { "date": "2024-07-12", "close": 28.709999, "volume": 51, "typical_volume": 476.55, "trend": 20.015733, "fair_value": 19.196703, "relative_strength": 40.711443, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 59.851274, "energy": 38.577518, "activity_lines": [ 26.242333, 26.570636, 25.129186, 22.826493 ] }, { "date": "2024-07-19", "close": 24.995001, "volume": 5911, "typical_volume": 771.35, "trend": 20.289167, "fair_value": 19.243464, "relative_strength": 23.805845, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 43.004378, "energy": 32.106024, "activity_lines": [ 26.093667, 26.302545, 25.327738, 23.147736 ] }, { "date": "2024-07-26", "close": 19.271999, "volume": 120, "typical_volume": 741.35, "trend": 20.406967, "fair_value": 19.243692, "relative_strength": -3.113831, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 8.441999, "energy": 8.090882, "activity_lines": [ 23.955666, 24.931, 24.926143, 23.082112 ] }, { "date": "2024-08-02", "close": 20.684999, "volume": 180, "typical_volume": 750.35, "trend": 20.612133, "fair_value": 19.255131, "relative_strength": 9.696405, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -2.007435, "energy": 13.911987, "activity_lines": [ 22.616866, 23.951963, 24.63849, 23.100049 ] }, { "date": "2024-08-09", "close": 20.684999, "volume": 0, "typical_volume": 702.35, "trend": 20.8163, "fair_value": 19.26639, "relative_strength": 10.167521, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -4.140804, "energy": 25.388966, "activity_lines": [ 21.512066, 23.110199, 24.323481, 23.10475 ] }, { "date": "2024-08-16", "close": 19.535999, "volume": 100, "typical_volume": 707.35, "trend": 21.030633, "fair_value": 19.268496, "relative_strength": 0.015696, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -30.223335, "energy": 44.63116, "activity_lines": [ 20.400932, 22.282072, 23.879638, 23.02215 ] }, { "date": "2024-08-23", "close": 22.209999, "volume": 168, "typical_volume": 709.55, "trend": 21.3213, "fair_value": 19.291299, "relative_strength": 11.678185, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -23.497218, "energy": 49.692582, "activity_lines": [ 20.792732, 22.095199, 23.676528, 23.098238 ] }, { "date": "2024-08-30", "close": 20.17, "volume": 201, "typical_volume": 706.6, "trend": 21.519633, "fair_value": 19.298058, "relative_strength": -0.333212, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -29.789542, "energy": 49.066366, "activity_lines": [ 20.690199, 21.565781, 23.275681, 23.023961 ] }, { "date": "2024-09-06", "close": 19.712, "volume": 1, "typical_volume": 701.9, "trend": 21.746433, "fair_value": 19.301218, "relative_strength": 0.500671, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -42.541356, "energy": 53.379687, "activity_lines": [ 20.375133, 21.026272, 22.861928, 22.90734 ] }, { "date": "2024-09-13", "close": 19.712, "volume": 0, "typical_volume": 687.65, "trend": 21.954767, "fair_value": 19.30433, "relative_strength": -0.501058, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -40.709158, "energy": 53.603358, "activity_lines": [ 20.124933, 20.568272, 22.475857, 22.776086 ] }, { "date": "2024-09-20", "close": 23.59, "volume": 20, "typical_volume": 686.15, "trend": 22.292367, "fair_value": 19.336553, "relative_strength": 17.963799, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -10.198901, "energy": 19.613156, "activity_lines": [ 21.232267, 20.935781, 22.469157, 22.881585 ] }, { "date": "2024-09-27", "close": 23.59, "volume": 0, "typical_volume": 686.15, "trend": 22.631233, "fair_value": 19.368295, "relative_strength": 14.144213, "stage": 2, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -1.182634, "energy": 8.376321, "activity_lines": [ 22.069333, 21.396382, 22.452671, 22.965303 ] }, { "date": "2024-10-04", "close": 25.895, "volume": 47, "typical_volume": 684.3, "trend": 22.9964, "fair_value": 19.416641, "relative_strength": 28.102394, "stage": 2, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": 29.279121, "energy": 30.677597, "activity_lines": [ 23.582733, 22.301618, 22.645924, 23.175869 ] }, { "date": "2024-10-11", "close": 23.379999, "volume": 80, "typical_volume": 655.95, "trend": 23.277733, "fair_value": 19.445783, "relative_strength": 12.728121, "stage": 2, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 12.971475, "energy": 27.932511, "activity_lines": [ 23.876133, 22.629163, 22.603628, 23.200617 ] }, { "date": "2024-10-18", "close": 25.469999, "volume": 947, "typical_volume": 681.85, "trend": 23.573067, "fair_value": 19.489756, "relative_strength": 19.076618, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 30.157584, "energy": 37.471799, "activity_lines": [ 24.621666, 23.287709, 22.7835, 23.342053 ] }, { "date": "2024-10-25", "close": 30.725, "volume": 1835, "typical_volume": 770.65, "trend": 24.043567, "fair_value": 19.57117, "relative_strength": 43.926334, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 56.874647, "energy": 74.560364, "activity_lines": [ 26.735, 24.814709, 23.499347, 23.803468 ] }, { "date": "2024-11-01", "close": 26.76, "volume": 374, "typical_volume": 768.4, "trend": 24.2194, "fair_value": 19.622889, "relative_strength": 24.930049, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 27.462442, "energy": 61.799081, "activity_lines": [ 27.051, 25.417363, 23.824909, 23.978722 ] }, { "date": "2024-11-08", "close": 24.33, "volume": 1368, "typical_volume": 826.65, "trend": 24.143066, "fair_value": 19.656511, "relative_strength": 15.827138, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 23.524933, "energy": 48.632251, "activity_lines": [ 26.345666, 25.495472, 23.904804, 23.985858 ] }, { "date": "2024-11-15", "close": 22.525, "volume": 252, "typical_volume": 839.25, "trend": 24.043066, "fair_value": 19.676855, "relative_strength": 5.722855, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": -5.856631, "energy": 17.69224, "activity_lines": [ 25.143, 25.169763, 23.812152, 23.881466 ] }, { "date": "2024-11-22", "close": 24.26, "volume": 680, "typical_volume": 616.75, "trend": 24.1244, "fair_value": 19.70913, "relative_strength": 15.573099, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -3.472798, "energy": 9.225832, "activity_lines": [ 24.575667, 25.108363, 23.89269, 23.895462 ] }, { "date": "2024-11-29", "close": 21.780001, "volume": 511, "typical_volume": 639.75, "trend": 24.132566, "fair_value": 19.723612, "relative_strength": 3.618404, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -18.695719, "energy": 23.074645, "activity_lines": [ 23.262334, 24.513364, 23.746919, 23.744211 ] }, { "date": "2024-12-06", "close": 23.780001, "volume": 2825, "typical_volume": 485.45, "trend": 24.2074, "fair_value": 19.751781, "relative_strength": 8.247705, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -8.086176, "energy": 17.307357, "activity_lines": [ 23.212001, 24.314909, 23.824624, 23.721464 ] }, { "date": "2024-12-13", "close": 22.16, "volume": 2674, "typical_volume": 613.15, "trend": 24.055067, "fair_value": 19.76839, "relative_strength": 0.178106, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -33.009547, "energy": 23.098021, "activity_lines": [ 22.820334, 23.818455, 23.753829, 23.589374 ] }, { "date": "2024-12-20", "close": 19.945999, "volume": 1952, "typical_volume": 701.75, "trend": 23.778766, "fair_value": 19.769606, "relative_strength": -6.937607, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -56.380678, "energy": 37.747852, "activity_lines": [ 21.835333, 22.987364, 23.458424, 23.324273 ] }, { "date": "2024-12-27", "close": 20.190001, "volume": 545, "typical_volume": 729.0, "trend": 23.354267, "fair_value": 19.772466, "relative_strength": -7.092494, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -51.682752, "energy": 42.437511, "activity_lines": [ 21.1036, 22.263073, 23.189776, 23.09274 ] }, { "date": "2025-01-03", "close": 20.68, "volume": 109, "typical_volume": 729.45, "trend": 23.1081, "fair_value": 19.778598, "relative_strength": -5.114653, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -49.249235, "energy": 47.538369, "activity_lines": [ 20.806533, 21.723873, 22.970152, 22.920206 ] }, { "date": "2025-01-10", "close": 23.120001, "volume": 1270, "typical_volume": 784.55, "trend": 23.086433, "fair_value": 19.801024, "relative_strength": 2.613064, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -42.071243, "energy": 37.760048, "activity_lines": [ 21.396134, 21.810946, 22.977462, 22.920974 ] }, { "date": "2025-01-17", "close": 22.07, "volume": 8644, "typical_volume": 1206.7, "trend": 23.0156, "fair_value": 19.81615, "relative_strength": -5.724937, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -39.692616, "energy": 22.777683, "activity_lines": [ 21.679734, 21.773291, 22.880438, 22.855398 ] }, { "date": "2025-01-24", "close": 21.684999, "volume": 1805, "typical_volume": 1296.9, "trend": 22.931933, "fair_value": 19.828527, "relative_strength": -7.624556, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -37.826126, "energy": 18.13703, "activity_lines": [ 21.841, 21.706727, 22.7377, 22.769553 ] }, { "date": "2025-01-31", "close": 24.440001, "volume": 4707, "typical_volume": 1532.25, "trend": 22.868767, "fair_value": 19.858865, "relative_strength": 2.706777, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -15.576009, "energy": 13.356661, "activity_lines": [ 22.804667, 22.156346, 22.847948, 22.866847 ] }, { "date": "2025-02-07", "close": 24.945, "volume": 2138, "typical_volume": 1638.15, "trend": 22.743267, "fair_value": 19.892108, "relative_strength": 2.395597, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 17.08729, "energy": 17.28999, "activity_lines": [ 23.653333, 22.694509, 22.983776, 23.000798 ] }, { "date": "2025-02-14", "close": 25.040001, "volume": 1928, "typical_volume": 1734.55, "trend": 22.744767, "fair_value": 19.925536, "relative_strength": -0.394747, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 46.670258, "energy": 32.075488, "activity_lines": [ 24.249334, 23.1924, 23.1222, 23.148974 ] }, { "date": "2025-02-21", "close": 25.5, "volume": 1901, "typical_volume": 1827.25, "trend": 22.952367, "fair_value": 19.9615, "relative_strength": -0.463311, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 49.733652, "energy": 45.28038, "activity_lines": [ 24.870667, 23.751018, 23.297529, 23.326731 ] }, { "date": "2025-02-28", "close": 21.59, "volume": 2598, "typical_volume": 1953.15, "trend": 22.982533, "fair_value": 19.971939, "relative_strength": -16.598798, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 24.966185, "energy": 22.274815, "activity_lines": [ 23.96, 23.538, 23.102357, 23.238837 ] }, { "date": "2025-03-07", "close": 24.275, "volume": 50, "typical_volume": 1908.3, "trend": 23.1022, "fair_value": 19.886079, "relative_strength": -6.563765, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 41.487691, "energy": 22.051124, "activity_lines": [ 23.950667, 23.783273, 23.171424, 23.322222 ] }, { "date": "2025-03-14", "close": 26.18, "volume": 1246, "typical_volume": 1878.85, "trend": 23.323667, "fair_value": 19.845849, "relative_strength": -0.069711, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 54.029644, "energy": 29.244179, "activity_lines": [ 24.587333, 24.300637, 23.42761, 23.520789 ] }, { "date": "2025-03-21", "close": 26.195, "volume": 184, "typical_volume": 1869.35, "trend": 23.4565, "fair_value": 19.792183, "relative_strength": -1.512086, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 61.66823, "energy": 32.575115, "activity_lines": [ 25.146667, 24.720727, 23.706867, 23.706037 ] }, { "date": "2025-03-28", "close": 27.5, "volume": 991, "typical_volume": 1850.5, "trend": 23.700833, "fair_value": 19.772735, "relative_strength": 3.509665, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 68.537604, "energy": 58.902573, "activity_lines": [ 26.064, 25.322182, 24.1131, 23.966908 ] }, { "date": "2025-04-04", "close": 16.284, "volume": 1627, "typical_volume": 1919.25, "trend": 23.586567, "fair_value": 19.674409, "relative_strength": -31.159958, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "mixed", "direction": -34.545944, "energy": 14.736019, "activity_lines": [ 23.109333, 23.785636, 23.436048, 23.488402 ] }, { "date": "2025-04-11", "close": 17.872, "volume": 985, "typical_volume": 1934.5, "trend": 23.525233, "fair_value": 19.556355, "relative_strength": -22.493287, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -64.210411, "energy": 47.966527, "activity_lines": [ 21.037733, 22.636018, 22.939952, 23.119721 ] }, { "date": "2025-04-18", "close": 20.645, "volume": 530, "typical_volume": 1935.45, "trend": 23.427067, "fair_value": 19.499769, "relative_strength": -14.893248, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -50.375897, "energy": 49.135048, "activity_lines": [ 20.317333, 22.11, 22.738372, 22.933899 ] }, { "date": "2025-04-25", "close": 21.57, "volume": 466, "typical_volume": 1817.5, "trend": 23.359733, "fair_value": 19.473673, "relative_strength": -14.191311, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -53.301869, "energy": 44.959155, "activity_lines": [ 20.274267, 21.830345, 22.630291, 22.814088 ] }, { "date": "2025-05-02", "close": 18.945999, "volume": 300, "typical_volume": 1698.8, "trend": 23.1281, "fair_value": 19.439096, "relative_strength": -26.249322, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.505042, "energy": 64.21089, "activity_lines": [ 19.664866, 21.136691, 22.282829, 22.529331 ] }, { "date": "2025-05-09", "close": 20.09, "volume": 661, "typical_volume": 1634.25, "trend": 23.018433, "fair_value": 19.443109, "relative_strength": -23.622464, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -53.790833, "energy": 41.139345, "activity_lines": [ 20.007066, 20.7702, 22.059624, 22.333325 ] }, { "date": "2025-05-16", "close": 19.028, "volume": 528, "typical_volume": 1633.4, "trend": 22.8037, "fair_value": 19.440314, "relative_strength": -29.364467, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -59.812464, "energy": 37.749267, "activity_lines": [ 19.741533, 20.237891, 21.73459, 22.075877 ] }, { "date": "2025-05-23", "close": 20.99, "volume": 3180, "typical_volume": 1786.95, "trend": 22.4792, "fair_value": 19.450096, "relative_strength": -19.076182, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -51.416152, "energy": 32.329937, "activity_lines": [ 20.052933, 20.157709, 21.601948, 21.958865 ] }, { "date": "2025-05-30", "close": 20.465, "volume": 273, "typical_volume": 1737.1, "trend": 22.269367, "fair_value": 19.444519, "relative_strength": -21.281743, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -40.636249, "energy": 25.208667, "activity_lines": [ 20.166333, 20.076436, 21.417829, 21.828916 ] }, { "date": "2025-06-06", "close": 26.635, "volume": 5381, "typical_volume": 1573.95, "trend": 22.3462, "fair_value": 19.483974, "relative_strength": 1.614736, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "mixed", "direction": 15.337183, "energy": 14.381082, "activity_lines": [ 22.410067, 21.221164, 21.833971, 22.11057 ] }, { "date": "2025-06-13", "close": 26.485001, "volume": 2872, "typical_volume": 1627.3, "trend": 22.4782, "fair_value": 19.531827, "relative_strength": 4.196347, "stage": 3, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "mixed", "direction": 31.088857, "energy": 31.937418, "activity_lines": [ 24.0912, 22.354346, 22.214091, 22.377589 ] }, { "date": "2025-06-20", "close": 25.615, "volume": 2884, "typical_volume": 1536.15, "trend": 22.523367, "fair_value": 19.574103, "relative_strength": 1.53044, "stage": 3, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 32.251912, "energy": 43.63608, "activity_lines": [ 25.056, 23.143873, 22.488495, 22.579964 ] }, { "date": "2025-06-27", "close": 24.844999, "volume": 2215, "typical_volume": 1540.0, "trend": 22.625533, "fair_value": 19.611442, "relative_strength": -2.482765, "stage": 3, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 49.392916, "energy": 54.312028, "activity_lines": [ 25.325, 23.652618, 22.683971, 22.729746 ] }, { "date": "2025-07-04", "close": 26.110001, "volume": 908, "typical_volume": 1489.0, "trend": 22.7032, "fair_value": 19.656891, "relative_strength": 3.15127, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.160858, "energy": 70.721593, "activity_lines": [ 25.758667, 24.315, 23.0004, 22.954551 ] }, { "date": "2025-07-11", "close": 30.48, "volume": 640, "typical_volume": 1425.95, "trend": 22.980533, "fair_value": 19.730353, "relative_strength": 19.295833, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 87.427324, "energy": 82.194175, "activity_lines": [ 27.272667, 25.689382, 23.727924, 23.45628 ] }, { "date": "2025-07-18", "close": 29.455, "volume": 95, "typical_volume": 1300.8, "trend": 23.2975, "fair_value": 19.797244, "relative_strength": 14.614301, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 77.329399, "energy": 82.197865, "activity_lines": [ 28.188667, 26.667691, 24.334114, 23.873987 ] }, { "date": "2025-07-25", "close": 30.875, "volume": 426, "typical_volume": 1319.6, "trend": 23.653667, "fair_value": 19.887968, "relative_strength": 18.247383, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 79.931905, "energy": 87.092808, "activity_lines": [ 29.38, 27.733909, 25.038091, 24.362858 ] }, { "date": "2025-08-01", "close": 26.120001, "volume": 390, "typical_volume": 1276.8, "trend": 23.835, "fair_value": 19.948212, "relative_strength": 1.973146, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 63.496414, "energy": 66.527089, "activity_lines": [ 28.635667, 27.720182, 25.257781, 24.521976 ] }, { "date": "2025-08-08", "close": 26.120001, "volume": 0, "typical_volume": 1267.6, "trend": 23.935, "fair_value": 20.008455, "relative_strength": -2.076603, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 59.792819, "energy": 44.785358, "activity_lines": [ 27.806334, 27.613182, 25.477757, 24.669396 ] }, { "date": "2025-08-15", "close": 26.120001, "volume": 0, "typical_volume": 1218.05, "trend": 24.07, "fair_value": 20.068699, "relative_strength": -4.501717, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 44.148937, "energy": 29.812782, "activity_lines": [ 26.976334, 27.403364, 25.698091, 24.810364 ] }, { "date": "2025-08-22", "close": 26.120001, "volume": 0, "typical_volume": 1136.7, "trend": 24.217834, "fair_value": 20.128942, "relative_strength": -5.787324, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 35.60139, "energy": 27.168757, "activity_lines": [ 26.437001, 27.20291, 25.924996, 24.942622 ] }, { "date": "2025-08-29", "close": 31.43, "volume": 2993, "typical_volume": 1237.1, "trend": 24.450833, "fair_value": 20.255301, "relative_strength": 15.808419, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 65.97542, "energy": 36.666666, "activity_lines": [ 27.890001, 27.974546, 26.610777, 25.407923 ] }, { "date": "2025-09-05", "close": 34.584999, "volume": 1223, "typical_volume": 1271.75, "trend": 24.772167, "fair_value": 20.401885, "relative_strength": 28.317022, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 85.813791, "energy": 78.098865, "activity_lines": [ 30.357667, 29.214091, 27.532472, 26.06174 ] }, { "date": "2025-09-12", "close": 34.764999, "volume": 410, "typical_volume": 1268.95, "trend": 25.096333, "fair_value": 20.549622, "relative_strength": 25.228663, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 84.24941, "energy": 92.077408, "activity_lines": [ 32.321, 30.309273, 28.404929, 26.706439 ] }, { "date": "2025-09-19", "close": 35.305, "volume": 130, "typical_volume": 1260.45, "trend": 25.423167, "fair_value": 20.700821, "relative_strength": 27.427445, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 79.455481, "energy": 92.030544, "activity_lines": [ 33.888, 31.345273, 29.265981, 27.365062 ] }, { "date": "2025-09-26", "close": 42.200001, "volume": 124, "typical_volume": 1233.6, "trend": 26.110167, "fair_value": 20.888115, "relative_strength": 49.756376, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 95.103189, "energy": 97.822883, "activity_lines": [ 37.141, 33.547182, 30.7058, 28.447439 ] }, { "date": "2025-10-03", "close": 46.605, "volume": 612, "typical_volume": 1237.8, "trend": 26.8545, "fair_value": 21.103647, "relative_strength": 61.606845, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 96.014654, "energy": 98.068177, "activity_lines": [ 40.790333, 36.318273, 32.459857, 29.769686 ] }, { "date": "2025-10-10", "close": 52.57, "volume": 837, "typical_volume": 1120.65, "trend": 27.734167, "fair_value": 21.357814, "relative_strength": 84.509516, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 96.610366, "energy": 98.307336, "activity_lines": [ 45.416333, 39.887909, 34.650691, 31.428751 ] }, { "date": "2025-10-17", "close": 60.560001, "volume": 801, "typical_volume": 1147.05, "trend": 28.879667, "fair_value": 21.663199, "relative_strength": 109.703496, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 96.446679, "energy": 97.552941, "activity_lines": [ 51.506667, 44.429364, 37.452095, 33.546546 ] }, { "date": "2025-10-24", "close": 51.62368, "volume": 2363, "typical_volume": 996.15, "trend": 29.683789, "fair_value": 21.911299, "relative_strength": 74.087243, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 68.194488, "energy": 68.183923, "activity_lines": [ 52.89856, 46.719851, 39.211494, 35.013902 ] }, { "date": "2025-10-31", "close": 50.580002, "volume": 719, "typical_volume": 888.5, "trend": 30.82699, "fair_value": 22.15271, "relative_strength": 66.020869, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.445745, "energy": 66.914679, "activity_lines": [ 52.854649, 48.356875, 40.7525, 36.362045 ] }, { "date": "2025-11-07", "close": 48.970001, "volume": 48, "typical_volume": 746.7, "trend": 31.86359, "fair_value": 22.358594, "relative_strength": 59.862228, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.826332, "energy": 62.075017, "activity_lines": [ 51.715404, 49.256445, 42.025435, 37.532562 ] }, { "date": "2025-11-14", "close": 59.07, "volume": 1733, "typical_volume": 722.6, "trend": 33.144423, "fair_value": 22.629222, "relative_strength": 84.709599, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 74.986862, "energy": 57.851662, "activity_lines": [ 53.785158, 51.673469, 44.14906, 39.287814 ] }, { "date": "2025-11-21", "close": 53.400002, "volume": 577, "typical_volume": 706.05, "trend": 34.205423, "fair_value": 22.863504, "relative_strength": 69.827487, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 57.477877, "energy": 45.814372, "activity_lines": [ 53.53158, 52.614402, 45.56971, 40.594626 ] }, { "date": "2025-11-28", "close": 74.510002, "volume": 2013, "typical_volume": 774.7, "trend": 36.057556, "fair_value": 23.206581, "relative_strength": 126.85108, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 83.759882, "energy": 62.178371, "activity_lines": [ 60.792001, 57.054699, 48.870883, 43.194921 ] }, { "date": "2025-12-05", "close": 84.190002, "volume": 953, "typical_volume": 817.6, "trend": 38.194223, "fair_value": 23.603889, "relative_strength": 147.979598, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 87.909394, "energy": 76.026419, "activity_lines": [ 69.753335, 62.542178, 52.884294, 46.30024 ] }, { "date": "2025-12-12", "close": 96.620003, "volume": 4539, "typical_volume": 1023.25, "trend": 40.780623, "fair_value": 24.091902, "relative_strength": 173.399223, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 89.177598, "energy": 92.452879, "activity_lines": [ 80.617336, 69.526202, 57.820872, 50.069645 ] }, { "date": "2025-12-19", "close": 118.660004, "volume": 2344, "typical_volume": 1120.95, "trend": 44.03629, "fair_value": 24.711806, "relative_strength": 211.246978, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 94.16389, "energy": 97.279721, "activity_lines": [ 95.651336, 79.608136, 64.543426, 55.094121 ] }, { "date": "2025-12-26", "close": 135.570007, "volume": 2803, "typical_volume": 1261.1, "trend": 47.873124, "fair_value": 25.440107, "relative_strength": 238.117208, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 93.869424, "energy": 97.536035, "activity_lines": [ 112.349338, 91.562979, 72.43579, 60.999523 ] }, { "date": "2026-01-02", "close": 143.350006, "volume": 2088, "typical_volume": 1365.5, "trend": 51.763624, "fair_value": 26.214082, "relative_strength": 233.271486, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 89.849414, "energy": 95.987994, "activity_lines": [ 126.162672, 103.568549, 80.547916, 67.159321 ] }, { "date": "2026-01-09", "close": 193.619995, "volume": 6634, "typical_volume": 1697.2, "trend": 57.33479, "fair_value": 27.314017, "relative_strength": 316.528619, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 97.610696, "energy": 98.782758, "activity_lines": [ 152.143335, 123.046366, 92.889421, 76.311345 ] }, { "date": "2026-01-16", "close": 255.369995, "volume": 10335, "typical_volume": 2064.3, "trend": 64.99329, "fair_value": 28.808408, "relative_strength": 401.300046, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 98.036834, "energy": 96.160479, "activity_lines": [ 191.411999, 151.150728, 110.31426, 89.08781 ] }, { "date": "2026-01-23", "close": 364.559998, "volume": 5046, "typical_volume": 2255.45, "trend": 76.317123, "fair_value": 31.002287, "relative_strength": 546.85088, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 99.394073, "energy": 96.938481, "activity_lines": [ 256.493998, 195.355091, 137.071766, 108.414695 ] }, { "date": "2026-01-30", "close": 258.059998, "volume": 16260, "typical_volume": 3047.95, "trend": 84.04879, "fair_value": 32.541876, "relative_strength": 318.868015, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.767917, "energy": 67.530687, "activity_lines": [ 269.682664, 214.641454, 152.115106, 120.140041 ] }, { "date": "2026-02-06", "close": 21.67, "volume": 76653, "typical_volume": 6874.1, "trend": 83.755123, "fair_value": 32.56621, "relative_strength": -64.994956, "stage": 4, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 36.02259, "energy": 37.441079, "activity_lines": [ 195.908665, 187.226727, 143.581802, 116.115603 ] }, { "date": "2026-02-13", "close": 22.735001, "volume": 329576, "typical_volume": 23346.7, "trend": 83.531123, "fair_value": 32.607857, "relative_strength": -62.829876, "stage": 4, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 11.301788, "energy": 9.714076, "activity_lines": [ 130.601666, 160.966363, 135.214856, 112.178821 ] }, { "date": "2026-02-20", "close": 25.735001, "volume": 9447, "typical_volume": 23788.45, "trend": 83.35979, "fair_value": 32.677761, "relative_strength": -58.803783, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -18.411605, "energy": 31.621701, "activity_lines": [ 77.687, 136.368818, 127.226315, 108.450039 ] }, { "date": "2026-02-27", "close": 36.555, "volume": 29118, "typical_volume": 25202.5, "trend": 83.707623, "fair_value": 32.818716, "relative_strength": -42.574068, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -24.065687, "energy": 39.521886, "activity_lines": [ 43.688, 115.027363, 120.367631, 105.430375 ] }, { "date": "2026-03-06", "close": 26.6, "volume": 21739, "typical_volume": 26249.4, "trend": 83.723623, "fair_value": 32.902049, "relative_strength": -55.301709, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -26.172127, "energy": 42.64925, "activity_lines": [ 28.237667, 93.368727, 112.637113, 101.746012 ] }, { "date": "2026-03-13", "close": 22.15, "volume": 23826, "typical_volume": 27322.55, "trend": 83.59129, "fair_value": 32.942678, "relative_strength": -62.823878, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -28.00075, "energy": 50.792097, "activity_lines": [ 26.734667, 72.882272, 104.6445, 97.773521 ] }, { "date": "2026-03-20", "close": 14.162, "volume": 25985, "typical_volume": 28585.85, "trend": 83.19269, "fair_value": 32.912511, "relative_strength": -75.291525, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -28.633819, "energy": 42.931033, "activity_lines": [ 22.537, 53.147091, 96.031476, 93.294212 ] }, { "date": "2026-03-27", "close": 14.326, "volume": 30556, "typical_volume": 30111.25, "trend": 82.622557, "fair_value": 32.883396, "relative_strength": -75.179947, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -35.957735, "energy": 34.47984, "activity_lines": [ 18.965533, 36.7046, 87.607491, 88.851199 ] }, { "date": "2026-04-03", "close": 14.91, "volume": 12018, "typical_volume": 30625.5, "trend": 81.966723, "fair_value": 32.830928, "relative_strength": -75.388864, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -34.644205, "energy": 32.873225, "activity_lines": [ 16.349333, 24.750909, 79.404095, 84.482647 ] }, { "date": "2026-04-10", "close": 17.448, "volume": 13323, "typical_volume": 31262.8, "trend": 81.38949, "fair_value": 32.780466, "relative_strength": -72.336124, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -59.464976, "energy": 40.758566, "activity_lines": [ 16.022133, 19.615946, 71.6527, 80.320149 ] }, { "date": "2026-04-17", "close": 21.209999, "volume": 10260, "typical_volume": 31675.15, "trend": 80.919657, "fair_value": 32.767549, "relative_strength": -67.171904, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -57.768923, "energy": 40.969949, "activity_lines": [ 17.559066, 19.539745, 64.43079, 76.437601 ] }, { "date": "2026-04-24", "close": 16.354, "volume": 8463, "typical_volume": 32050.65, "trend": 80.058123, "fair_value": 32.723505, "relative_strength": -73.954782, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -58.051984, "energy": 45.428604, "activity_lines": [ 17.54, 18.589, 57.000214, 72.272075 ] }, { "date": "2026-05-01", "close": 14.688, "volume": 20512, "typical_volume": 32849.3, "trend": 78.994223, "fair_value": 32.66878, "relative_strength": -76.829886, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.724074, "energy": 73.839444, "activity_lines": [ 16.819466, 17.451363, 49.734, 68.054648 ] }, { "date": "2026-05-08", "close": 18.983999, "volume": 19706, "typical_volume": 33717.4, "trend": 77.87469, "fair_value": 32.66269, "relative_strength": -70.633523, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -56.308806, "energy": 83.268446, "activity_lines": [ 17.5068, 17.295672, 43.267081, 64.18302 ] }, { "date": "2026-05-15", "close": 15.42, "volume": 61360, "typical_volume": 36645.25, "trend": 76.370023, "fair_value": 32.640972, "relative_strength": -76.007992, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -69.472897, "energy": 88.086184, "activity_lines": [ 16.734533, 16.811454, 36.935381, 60.153685 ] }, { "date": "2026-05-22", "close": 15.16, "volume": 44463, "typical_volume": 38764.0, "trend": 75.154567, "fair_value": 32.626216, "relative_strength": -76.522893, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -69.549222, "energy": 88.17195, "activity_lines": [ 16.0108, 16.483236, 31.151062, 56.204652 ] }, { "date": "2026-05-29", "close": 15.058, "volume": 73961, "typical_volume": 42130.35, "trend": 73.9705, "fair_value": 32.610806, "relative_strength": -76.854464, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -70.219136, "energy": 88.393857, "activity_lines": [ 15.6564, 16.263563, 25.967457, 52.327454 ] }, { "date": "2026-06-05", "close": 11.094, "volume": 13680, "typical_volume": 42297.6, "trend": 72.707967, "fair_value": 32.569985, "relative_strength": -82.787884, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -80.180321, "energy": 72.532175, "activity_lines": [ 14.067067, 15.306873, 21.256624, 48.270905 ] }, { "date": "2026-06-12", "close": 10.15, "volume": 5619, "typical_volume": 42326.25, "trend": 71.0773, "fair_value": 32.50828, "relative_strength": -84.634455, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -78.597533, "energy": 88.875891, "activity_lines": [ 12.402667, 14.237309, 17.619105, 44.234907 ] }, { "date": "2026-06-19", "close": 8.828, "volume": 5947, "typical_volume": 41810.6, "trend": 69.591567, "fair_value": 32.463729, "relative_strength": -86.882092, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -80.666415, "energy": 92.795104, "activity_lines": [ 10.886533, 13.013927, 15.543348, 40.218824 ] }, { "date": "2026-06-26", "close": 6.613, "volume": 3267, "typical_volume": 38141.3, "trend": 67.328334, "fair_value": 32.401376, "relative_strength": -89.793355, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -83.135947, "energy": 93.529001, "activity_lines": [ 9.071533, 11.544545, 14.443457, 36.15569 ] }, { "date": "2026-07-03", "close": 7.626, "volume": 3838, "typical_volume": 21854.4, "trend": 64.7762, "fair_value": 32.345517, "relative_strength": -88.486004, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -73.115376, "energy": 75.978604, "activity_lines": [ 8.164, 10.524745, 13.511743, 32.303927 ] }, { "date": "2026-07-10", "close": 6.65, "volume": 11530, "typical_volume": 21958.55, "trend": 61.7772, "fair_value": 32.256703, "relative_strength": -89.821496, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -74.724141, "energy": 70.770734, "activity_lines": [ 7.4266, 9.486182, 12.559024, 28.553849 ] }, { "date": "2026-07-17", "close": 5.35, "volume": 50764, "typical_volume": 23040.85, "trend": 58.0002, "fair_value": 32.156094, "relative_strength": -91.614245, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -78.349279, "energy": 72.129558, "activity_lines": [ 6.552133, 8.3574, 11.573376, 24.913385 ] }, { "date": "2026-07-24", "close": 6.178, "volume": 23304, "typical_volume": 23119.1, "trend": 53.687133, "fair_value": 32.070722, "relative_strength": -90.203583, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -70.604662, "energy": 69.385261, "activity_lines": [ 6.273667, 7.627055, 10.815181, 21.570017 ] }, { "date": "2026-07-31", "close": 5.645, "volume": 15310, "typical_volume": 22693.3, "trend": 49.096966, "fair_value": 31.994485, "relative_strength": -91.035126, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -72.768966, "energy": 70.099199, "activity_lines": [ 5.9942, 6.967836, 10.103471, 18.470525 ] }, { "date": "2026-08-07", "close": 7.502, "volume": 47032, "typical_volume": 23745.65, "trend": 42.893033, "fair_value": 31.942088, "relative_strength": -88.337797, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -68.342603, "energy": 68.378759, "activity_lines": [ 6.398267, 6.819255, 9.647214, 15.786978 ] } ], "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." } } }