{ "ticker": { "uuid": "118305ee-de9e-47c1-a397-8ed73de45456", "symbol": "MTL", "name": "Mullen Group Ltd.", "exchange": "TOR", "country": "CA", "assetType": "equity" }, "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.", "analysis": { "eligible": true, "as_of": "2026-08-07", "benchmark": "^GSPTSE", "stage": 2, "stage_name": "Advancing", "phase": "2c", "phase_label": "Stage 2C \u00b7 Late advance", "transition": "stage_2_healthy", "transition_label": "Stage 2 trend intact", "confidence": 96.0, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Established expansion", "architecture_gate": "up", "architecture_direction": 67.207, "architecture_energy": 88.321, "architecture_maturity": 54.0, "architecture_confidence": 84.007, "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": 13.97, "rotation_up": 78.59, "upward_expansion": 95.32, "deceleration": 44.67, "rotation_down": 8.08, "downward_expansion": 21.98 }, "activity_lines": [ 26.848693, 25.156839, 23.438108, 21.930274 ], "activity_state": "Wide", "activity_direction": "Expanding", "rotation_direction": "Improving", "price_acceptance": 0.666667 }, "latest_close": 26.549999, "trend_reference": 20.067124, "distance_from_trend": 0.32306, "trend_direction": "Improving", "fair_value": 14.288289, "distance_from_fair_value": 0.858165, "fair_value_direction": "Improving", "relative_strength": 36.021099, "relative_strength_direction": "Improving", "price_momentum": 0.545181, "excess_performance": 0.42476, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.32306, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.179977, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.858165, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.28951, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.360211, "read": "Leading" }, { "label": "Relative strength direction", "positive": true, "value": 0.105387, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.545181, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 1.313266, "read": "Demand-led" } ], "volume": { "latest": 1163700, "relative_activity": 1.011649, "balance": 1.313266, "dry_up": 1.626641, "accumulation_observations": 3, "distribution_observations": 3 }, "risk": { "range_context": 0.052177, "annualized_volatility": 0.32376, "from_high_reference": -0.075121, "from_low_reference": 1.072402 }, "levels": { "trend_reference": 20.067124, "fair_value_reference": 14.288289, "structural_low": 15.675043, "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 29, "median_return": -0.001376, "positive_rate": 0.482759, "directional_follow_through": 0.482759, "median_excess_return": 0.003063, "regime_survival": 0.724138, "best_return": 0.182491, "worst_return": -0.083096, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 11, "median_return": -0.029998, "positive_rate": 0.454545, "directional_follow_through": 0.454545, "median_excess_return": -0.03468, "regime_survival": 0.454545, "best_return": 0.446261, "worst_return": -0.12574, "sufficient": true }, { "horizon": "Extended", "sample_count": 7, "median_return": 0.00309, "positive_rate": 0.571429, "directional_follow_through": 0.571429, "median_excess_return": -0.054922, "regime_survival": 0.428571, "best_return": 0.194256, "worst_return": -0.136466, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 4, "median_return": 0.055101, "positive_rate": 1.0, "directional_follow_through": 1.0, "median_excess_return": -0.012362, "regime_survival": 0.75, "best_return": 0.129758, "worst_return": 3.2e-05, "sufficient": false } ], "ledger": [ { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2024-06-14", "end": "2024-06-28", "tenure": "New", "return": 0.026489, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-07-05", "end": "2024-07-12", "tenure": "New", "return": 0.017692, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2024-07-19", "end": "2024-07-19", "tenure": "New", "return": 0.0, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2024-07-26", "end": "2024-09-20", "tenure": "Developing", "return": -0.01309, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-09-27", "end": "2024-10-04", "tenure": "New", "return": 0.016312, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-10-11", "end": "2024-12-27", "tenure": "Developing", "return": 0.017542, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-01-03", "end": "2025-02-14", "tenure": "Developing", "return": -0.086279, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-02-21", "end": "2025-03-07", "tenure": "New", "return": -0.009806, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-03-14", "end": "2025-05-23", "tenure": "Developing", "return": 0.098513, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-05-30", "end": "2025-07-25", "tenure": "Developing", "return": -0.010891, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-08-01", "end": "2025-09-05", "tenure": "Developing", "return": 0.065835, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-09-12", "end": "2026-03-20", "tenure": "Extended", "return": 0.199455, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-03-27", "end": "2026-04-10", "tenure": "New", "return": 0.099531, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-04-17", "end": "2026-08-07", "tenure": "Established", "return": 0.462913, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 12.630219, "volume": 483100, "typical_volume": 840705.0, "trend": 12.694487, "fair_value": 10.404523, "relative_strength": 2.237964, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 8.22112, "energy": 7.363573, "activity_lines": [ 13.074276, 13.080621, 13.083748, 12.944636 ] }, { "date": "2023-08-25", "close": 12.416149, "volume": 452500, "typical_volume": 822745.0, "trend": 12.722508, "fair_value": 10.436951, "relative_strength": 0.359464, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": -4.235808, "energy": 13.233253, "activity_lines": [ 12.803191, 12.965871, 13.028372, 12.926679 ] }, { "date": "2023-09-01", "close": 12.114588, "volume": 814800, "typical_volume": 818745.0, "trend": 12.726548, "fair_value": 10.468358, "relative_strength": -5.404913, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -32.959121, "energy": 36.920745, "activity_lines": [ 12.514287, 12.806743, 12.943266, 12.887458 ] }, { "date": "2023-09-08", "close": 12.045805, "volume": 539900, "typical_volume": 806950.0, "trend": 12.738882, "fair_value": 10.500091, "relative_strength": -3.692029, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -35.571396, "energy": 55.790692, "activity_lines": [ 12.292205, 12.646718, 12.853118, 12.843539 ] }, { "date": "2023-09-15", "close": 12.002811, "volume": 3447800, "typical_volume": 886130.0, "trend": 12.742818, "fair_value": 10.530635, "relative_strength": -6.44709, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -41.70303, "energy": 63.928933, "activity_lines": [ 12.13357, 12.495293, 12.761876, 12.796051 ] }, { "date": "2023-09-22", "close": 11.521324, "volume": 1044000, "typical_volume": 872485.0, "trend": 12.732375, "fair_value": 10.560932, "relative_strength": -6.244172, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -80.537269, "energy": 81.050111, "activity_lines": [ 11.893374, 12.273057, 12.628121, 12.717245 ] }, { "date": "2023-09-29", "close": 11.591089, "volume": 1696300, "typical_volume": 919900.0, "trend": 12.706353, "fair_value": 10.590711, "relative_strength": -4.401845, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -72.539817, "energy": 77.15046, "activity_lines": [ 11.750358, 12.085115, 12.507937, 12.643613 ] }, { "date": "2023-10-06", "close": 11.668822, "volume": 1134800, "typical_volume": 932995.0, "trend": 12.668933, "fair_value": 10.619926, "relative_strength": -2.171788, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.534173, "energy": 70.131731, "activity_lines": [ 11.688258, 11.948862, 12.402112, 12.576676 ] }, { "date": "2023-10-13", "close": 11.755193, "volume": 842900, "typical_volume": 933185.0, "trend": 12.655095, "fair_value": 10.65008, "relative_strength": -2.433833, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.760519, "energy": 61.840083, "activity_lines": [ 11.684665, 11.860895, 12.312228, 12.517725 ] }, { "date": "2023-10-20", "close": 12.066133, "volume": 974000, "typical_volume": 920785.0, "trend": 12.652741, "fair_value": 10.6802, "relative_strength": 1.774143, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.114917, "energy": 46.141205, "activity_lines": [ 11.804094, 11.855959, 12.259181, 12.479727 ] }, { "date": "2023-10-27", "close": 11.409707, "volume": 973400, "typical_volume": 936545.0, "trend": 12.618118, "fair_value": 10.70993, "relative_strength": -1.91479, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -70.781216, "energy": 47.708716, "activity_lines": [ 11.700492, 11.752049, 12.151015, 12.399532 ] }, { "date": "2023-11-03", "close": 11.86089, "volume": 968600, "typical_volume": 933865.0, "trend": 12.606682, "fair_value": 10.741631, "relative_strength": -3.675928, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -46.272277, "energy": 34.258725, "activity_lines": [ 11.754726, 11.752363, 12.094602, 12.350678 ] }, { "date": "2023-11-10", "close": 11.496475, "volume": 811700, "typical_volume": 933305.0, "trend": 12.575514, "fair_value": 10.770028, "relative_strength": -5.79264, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.206188, "energy": 40.006526, "activity_lines": [ 11.669501, 11.696516, 12.008865, 12.279052 ] }, { "date": "2023-11-17", "close": 11.461768, "volume": 623600, "typical_volume": 928075.0, "trend": 12.535041, "fair_value": 10.797523, "relative_strength": -8.386806, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.276716, "energy": 44.34709, "activity_lines": [ 11.584197, 11.645596, 11.925807, 12.207197 ] }, { "date": "2023-11-24", "close": 11.583241, "volume": 560800, "typical_volume": 936325.0, "trend": 12.497652, "fair_value": 10.823666, "relative_strength": -6.982819, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -55.562391, "energy": 39.478212, "activity_lines": [ 11.558946, 11.627382, 11.861398, 12.145791 ] }, { "date": "2023-12-01", "close": 11.680367, "volume": 971700, "typical_volume": 943360.0, "trend": 12.454472, "fair_value": 10.844503, "relative_strength": -7.659381, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -54.54722, "energy": 37.980917, "activity_lines": [ 11.598263, 11.634455, 11.812619, 12.093063 ] }, { "date": "2023-12-08", "close": 11.436299, "volume": 1123700, "typical_volume": 936705.0, "trend": 12.400617, "fair_value": 10.862025, "relative_strength": -8.852235, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -58.428227, "energy": 38.468497, "activity_lines": [ 11.53818, 11.594261, 11.745498, 12.027374 ] }, { "date": "2023-12-15", "close": 12.203368, "volume": 1679700, "typical_volume": 992815.0, "trend": 12.364431, "fair_value": 10.885389, "relative_strength": -3.461968, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -27.439549, "energy": 16.353802, "activity_lines": [ 11.762092, 11.696348, 11.762005, 12.014648 ] }, { "date": "2023-12-22", "close": 12.203368, "volume": 1278700, "typical_volume": 1034935.0, "trend": 12.328809, "fair_value": 10.910307, "relative_strength": -4.929871, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -8.332169, "energy": 10.861451, "activity_lines": [ 11.938879, 11.788716, 11.784499, 12.004257 ] }, { "date": "2023-12-29", "close": 12.290608, "volume": 361700, "typical_volume": 1039185.0, "trend": 12.284505, "fair_value": 10.935979, "relative_strength": -4.488831, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 1.065006, "energy": 14.588684, "activity_lines": [ 12.095305, 11.888797, 11.820107, 12.001793 ] }, { "date": "2024-01-05", "close": 12.360641, "volume": 508900, "typical_volume": 1040475.0, "trend": 12.254713, "fair_value": 10.959517, "relative_strength": -3.698012, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 5.795896, "energy": 23.938758, "activity_lines": [ 12.227918, 11.99753, 11.866653, 12.006705 ] }, { "date": "2024-01-12", "close": 12.430675, "volume": 683900, "typical_volume": 1052045.0, "trend": 12.236036, "fair_value": 10.98365, "relative_strength": -3.257286, "stage": 4, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 25.228787, "energy": 42.295629, "activity_lines": [ 12.338524, 12.101707, 11.921152, 12.018057 ] }, { "date": "2024-01-19", "close": 12.649523, "volume": 669800, "typical_volume": 1044795.0, "trend": 12.232583, "fair_value": 11.012256, "relative_strength": -1.313142, "stage": 4, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 35.26117, "energy": 53.906025, "activity_lines": [ 12.455788, 12.235314, 11.996425, 12.044734 ] }, { "date": "2024-01-26", "close": 13.691248, "volume": 983800, "typical_volume": 1066990.0, "trend": 12.257335, "fair_value": 11.049448, "relative_strength": 5.41249, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 65.441761, "energy": 76.439021, "activity_lines": [ 12.89055, 12.537362, 12.168362, 12.138841 ] }, { "date": "2024-02-02", "close": 13.322431, "volume": 853700, "typical_volume": 937285.0, "trend": 12.270646, "fair_value": 11.082221, "relative_strength": 2.594902, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 50.616946, "energy": 74.620611, "activity_lines": [ 13.10318, 12.731816, 12.297339, 12.207557 ] }, { "date": "2024-02-09", "close": 13.427882, "volume": 699300, "typical_volume": 920050.0, "trend": 12.294581, "fair_value": 11.11748, "relative_strength": 3.543591, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 48.07559, "energy": 76.506939, "activity_lines": [ 13.282173, 12.913821, 12.430074, 12.282217 ] }, { "date": "2024-02-16", "close": 13.06758, "volume": 1237600, "typical_volume": 897115.0, "trend": 12.274944, "fair_value": 11.152679, "relative_strength": -0.510868, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 65.917386, "energy": 77.315883, "activity_lines": [ 13.269916, 12.998544, 12.519417, 12.332088 ] }, { "date": "2024-02-23", "close": 13.23455, "volume": 604800, "typical_volume": 870615.0, "trend": 12.267402, "fair_value": 11.188312, "relative_strength": -0.08305, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 62.380908, "energy": 52.830738, "activity_lines": [ 13.270855, 13.083966, 12.61763, 12.393998 ] }, { "date": "2024-03-01", "close": 13.172616, "volume": 583300, "typical_volume": 857635.0, "trend": 12.266073, "fair_value": 11.219129, "relative_strength": -1.223912, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 58.89222, "energy": 46.183374, "activity_lines": [ 13.212148, 13.139377, 12.702489, 12.452399 ] }, { "date": "2024-03-08", "close": 13.022624, "volume": 674600, "typical_volume": 842665.0, "trend": 12.2606, "fair_value": 11.241471, "relative_strength": -3.036217, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 44.946106, "energy": 33.698245, "activity_lines": [ 13.138018, 13.149895, 12.766313, 12.501209 ] }, { "date": "2024-03-15", "close": 12.660885, "volume": 578000, "typical_volume": 822895.0, "trend": 12.261622, "fair_value": 11.261445, "relative_strength": -6.070472, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 39.784171, "energy": 26.372811, "activity_lines": [ 12.963297, 13.081333, 12.791131, 12.527034 ] }, { "date": "2024-03-22", "close": 12.757937, "volume": 475300, "typical_volume": 798230.0, "trend": 12.273015, "fair_value": 11.283417, "relative_strength": -5.80786, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 34.24803, "energy": 21.094162, "activity_lines": [ 12.872059, 13.024958, 12.819235, 12.559054 ] }, { "date": "2024-03-29", "close": 12.864106, "volume": 473100, "typical_volume": 781300.0, "trend": 12.297999, "fair_value": 11.303013, "relative_strength": -5.692863, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 31.24043, "energy": 20.59278, "activity_lines": [ 12.836853, 12.981936, 12.853178, 12.597189 ] }, { "date": "2024-04-05", "close": 13.209626, "volume": 551500, "typical_volume": 777695.0, "trend": 12.336793, "fair_value": 11.326697, "relative_strength": -3.550493, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 42.970558, "energy": 21.238769, "activity_lines": [ 12.941517, 12.997834, 12.913515, 12.656004 ] }, { "date": "2024-04-12", "close": 13.023578, "volume": 668700, "typical_volume": 783090.0, "trend": 12.370818, "fair_value": 11.347858, "relative_strength": -3.298317, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 38.089925, "energy": 21.600588, "activity_lines": [ 12.981698, 12.988662, 12.94781, 12.700312 ] }, { "date": "2024-04-19", "close": 12.686913, "volume": 518700, "typical_volume": 760440.0, "trend": 12.409671, "fair_value": 11.363707, "relative_strength": -5.306903, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 22.089612, "energy": 14.421216, "activity_lines": [ 12.909594, 12.923712, 12.943183, 12.720706 ] }, { "date": "2024-04-26", "close": 11.606047, "volume": 2141900, "typical_volume": 811350.0, "trend": 12.41017, "fair_value": 11.371544, "relative_strength": -13.776504, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -16.19719, "energy": 18.981905, "activity_lines": [ 12.475465, 12.675713, 12.830824, 12.668859 ] }, { "date": "2024-05-03", "close": 11.223331, "volume": 1809200, "typical_volume": 817825.0, "trend": 12.39532, "fair_value": 11.377075, "relative_strength": -16.220626, "stage": 4, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -44.991896, "energy": 62.222145, "activity_lines": [ 11.990558, 12.384702, 12.681207, 12.592289 ] }, { "date": "2024-05-10", "close": 11.312337, "volume": 1114000, "typical_volume": 809590.0, "trend": 12.380558, "fair_value": 11.385055, "relative_strength": -16.577342, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -39.858834, "energy": 70.789751, "activity_lines": [ 11.644704, 12.146443, 12.544733, 12.522419 ] }, { "date": "2024-05-17", "close": 11.383537, "volume": 889900, "typical_volume": 836000.0, "trend": 12.357805, "fair_value": 11.392849, "relative_strength": -16.249511, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -42.69526, "energy": 77.57356, "activity_lines": [ 11.449069, 11.954951, 12.419284, 12.458095 ] }, { "date": "2024-05-24", "close": 11.570444, "volume": 763100, "typical_volume": 848710.0, "trend": 12.363163, "fair_value": 11.402483, "relative_strength": -13.918691, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -40.349385, "energy": 75.412706, "activity_lines": [ 11.425073, 11.827245, 12.315954, 12.407297 ] }, { "date": "2024-05-31", "close": 11.633326, "volume": 647900, "typical_volume": 846910.0, "trend": 12.355578, "fair_value": 11.412371, "relative_strength": -12.810293, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -37.530664, "energy": 66.963264, "activity_lines": [ 11.496468, 11.730798, 12.222376, 12.360211 ] }, { "date": "2024-06-07", "close": 11.704864, "volume": 684900, "typical_volume": 847665.0, "trend": 12.362524, "fair_value": 11.421925, "relative_strength": -10.844603, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -60.741295, "energy": 51.220733, "activity_lines": [ 11.589891, 11.667805, 12.139408, 12.318229 ] }, { "date": "2024-06-14", "close": 11.499199, "volume": 733000, "typical_volume": 835125.0, "trend": 12.363772, "fair_value": 11.433828, "relative_strength": -10.579134, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.189424, "energy": 47.488804, "activity_lines": [ 11.582657, 11.588496, 12.041352, 12.262531 ] }, { "date": "2024-06-21", "close": 11.409781, "volume": 819600, "typical_volume": 833420.0, "trend": 12.35799, "fair_value": 11.445852, "relative_strength": -10.559082, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -55.712108, "energy": 44.840829, "activity_lines": [ 11.533159, 11.524027, 11.945218, 12.200983 ] }, { "date": "2024-06-28", "close": 11.803802, "volume": 797000, "typical_volume": 838305.0, "trend": 12.362104, "fair_value": 11.45453, "relative_strength": -8.521941, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -46.031806, "energy": 37.10649, "activity_lines": [ 11.613252, 11.560541, 11.895717, 12.165229 ] }, { "date": "2024-07-05", "close": 11.678038, "volume": 509900, "typical_volume": 801920.0, "trend": 12.370162, "fair_value": 11.464739, "relative_strength": -9.889036, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "down", "direction": -44.881625, "energy": 34.885562, "activity_lines": [ 11.635867, 11.590244, 11.841973, 12.121096 ] }, { "date": "2024-07-12", "close": 11.884649, "volume": 791600, "typical_volume": 811260.0, "trend": 12.359538, "fair_value": 11.478262, "relative_strength": -10.478035, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "down", "direction": -40.275146, "energy": 26.027964, "activity_lines": [ 11.724371, 11.656205, 11.814522, 12.089772 ] }, { "date": "2024-07-19", "close": 11.965495, "volume": 800900, "typical_volume": 822140.0, "trend": 12.351609, "fair_value": 11.490861, "relative_strength": -9.528199, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -34.017154, "energy": 22.666611, "activity_lines": [ 11.827838, 11.724841, 11.8012, 12.06435 ] }, { "date": "2024-07-26", "close": 13.19618, "volume": 1802100, "typical_volume": 878515.0, "trend": 12.381795, "fair_value": 11.50786, "relative_strength": -0.51225, "stage": 2, "regime": "rotation_up", "modifier": "Structural repair", "gate": "down", "direction": 23.539417, "energy": 32.887133, "activity_lines": [ 12.310447, 12.005362, 11.910833, 12.118839 ] }, { "date": "2024-08-02", "close": 13.212926, "volume": 1232100, "typical_volume": 911220.0, "trend": 12.410204, "fair_value": 11.524718, "relative_strength": 2.443743, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 47.272072, "energy": 64.055286, "activity_lines": [ 12.679545, 12.255971, 12.021236, 12.17246 ] }, { "date": "2024-08-09", "close": 12.707859, "volume": 768700, "typical_volume": 925890.0, "trend": 12.419444, "fair_value": 11.538936, "relative_strength": -1.591993, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 25.206845, "energy": 60.829381, "activity_lines": [ 12.786345, 12.384886, 12.080907, 12.191664 ] }, { "date": "2024-08-16", "close": 13.077642, "volume": 637200, "typical_volume": 934095.0, "trend": 12.433714, "fair_value": 11.558418, "relative_strength": -1.764873, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 33.989128, "energy": 67.632285, "activity_lines": [ 12.947752, 12.561497, 12.176035, 12.234128 ] }, { "date": "2024-08-23", "close": 13.18587, "volume": 584200, "typical_volume": 935730.0, "trend": 12.416868, "fair_value": 11.577297, "relative_strength": -1.741258, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 34.630984, "energy": 66.121461, "activity_lines": [ 13.065702, 12.732827, 12.280453, 12.282654 ] }, { "date": "2024-08-30", "close": 12.923747, "volume": 964800, "typical_volume": 950535.0, "trend": 12.403579, "fair_value": 11.592393, "relative_strength": -3.826677, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 35.347604, "energy": 42.096675, "activity_lines": [ 13.014919, 12.825831, 12.36002, 12.315356 ] }, { "date": "2024-09-06", "close": 12.570292, "volume": 723800, "typical_volume": 960790.0, "trend": 12.374993, "fair_value": 11.605325, "relative_strength": -3.982969, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 30.98612, "energy": 33.175438, "activity_lines": [ 12.86448, 12.827044, 12.406401, 12.326112 ] }, { "date": "2024-09-13", "close": 12.787803, "volume": 1096400, "typical_volume": 908515.0, "trend": 12.365667, "fair_value": 11.61945, "relative_strength": -5.459599, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 17.579308, "energy": 22.779461, "activity_lines": [ 12.829387, 12.853868, 12.474052, 12.352745 ] }, { "date": "2024-09-20", "close": 13.023438, "volume": 3633000, "typical_volume": 999705.0, "trend": 12.35863, "fair_value": 11.637488, "relative_strength": -4.805089, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 49.261069, "energy": 30.544346, "activity_lines": [ 12.867509, 12.903358, 12.558517, 12.395181 ] }, { "date": "2024-09-27", "close": 12.841866, "volume": 1227200, "typical_volume": 1005365.0, "trend": 12.347605, "fair_value": 11.653763, "relative_strength": -6.303036, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 41.145626, "energy": 25.970772, "activity_lines": [ 12.848721, 12.899129, 12.617117, 12.426358 ] }, { "date": "2024-10-04", "close": 13.051344, "volume": 782200, "typical_volume": 999980.0, "trend": 12.348562, "fair_value": 11.670577, "relative_strength": -5.376069, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 57.257611, "energy": 34.958359, "activity_lines": [ 12.922693, 12.917053, 12.688384, 12.471761 ] }, { "date": "2024-10-11", "close": 13.279035, "volume": 927900, "typical_volume": 1008220.0, "trend": 12.369167, "fair_value": 11.684134, "relative_strength": -4.741732, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.485071, "energy": 40.924679, "activity_lines": [ 13.064055, 12.979008, 12.773394, 12.531791 ] }, { "date": "2024-10-18", "close": 13.115097, "volume": 603100, "typical_volume": 1005980.0, "trend": 12.381072, "fair_value": 11.696238, "relative_strength": -6.926049, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 56.115248, "energy": 38.146032, "activity_lines": [ 13.103522, 13.009955, 12.834655, 12.579916 ] }, { "date": "2024-10-25", "close": 13.898358, "volume": 2137900, "typical_volume": 1078630.0, "trend": 12.415547, "fair_value": 11.720904, "relative_strength": 0.217666, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 80.476895, "energy": 69.141111, "activity_lines": [ 13.382256, 13.175909, 12.963456, 12.677805 ] }, { "date": "2024-11-01", "close": 13.981388, "volume": 1108900, "typical_volume": 1097425.0, "trend": 12.441273, "fair_value": 11.745599, "relative_strength": 1.758442, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 78.776419, "energy": 79.704221, "activity_lines": [ 13.630338, 13.342037, 13.08972, 12.778827 ] }, { "date": "2024-11-08", "close": 14.091189, "volume": 607800, "typical_volume": 1086835.0, "trend": 12.47686, "fair_value": 11.772206, "relative_strength": 0.523034, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 77.941885, "energy": 83.403959, "activity_lines": [ 13.839053, 13.513664, 13.214621, 12.885273 ] }, { "date": "2024-11-15", "close": 14.15524, "volume": 443800, "typical_volume": 1069175.0, "trend": 12.525804, "fair_value": 11.802243, "relative_strength": 0.445237, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 75.20371, "energy": 85.861164, "activity_lines": [ 13.999796, 13.675711, 13.332853, 12.993556 ] }, { "date": "2024-11-22", "close": 14.15524, "volume": 484900, "typical_volume": 1067925.0, "trend": 12.610777, "fair_value": 11.832784, "relative_strength": -1.673831, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 70.114018, "energy": 81.720957, "activity_lines": [ 14.102124, 13.808941, 13.439888, 13.098681 ] }, { "date": "2024-11-29", "close": 14.210558, "volume": 560200, "typical_volume": 1056355.0, "trend": 12.710351, "fair_value": 11.866306, "relative_strength": -2.016847, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 69.750101, "energy": 72.416608, "activity_lines": [ 14.153549, 13.927366, 13.540395, 13.201892 ] }, { "date": "2024-12-06", "close": 14.311671, "volume": 548000, "typical_volume": 1043710.0, "trend": 12.810329, "fair_value": 11.898657, "relative_strength": -1.469671, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 71.271663, "energy": 62.909419, "activity_lines": [ 14.217865, 14.042592, 13.639456, 13.305203 ] }, { "date": "2024-12-13", "close": 14.164602, "volume": 670800, "typical_volume": 987145.0, "trend": 12.903031, "fair_value": 11.932339, "relative_strength": -0.75652, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.826403, "energy": 54.118404, "activity_lines": [ 14.211139, 14.104354, 13.713339, 13.392576 ] }, { "date": "2024-12-20", "close": 13.511981, "volume": 772300, "typical_volume": 964155.0, "trend": 12.967749, "fair_value": 11.959817, "relative_strength": -2.61557, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 47.559281, "energy": 35.59712, "activity_lines": [ 13.981979, 14.027216, 13.720455, 13.431863 ] }, { "date": "2024-12-27", "close": 13.511981, "volume": 273600, "typical_volume": 939400.0, "trend": 13.030371, "fair_value": 11.987498, "relative_strength": -3.251937, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 39.869944, "energy": 23.409329, "activity_lines": [ 13.795702, 13.945843, 13.726147, 13.466974 ] }, { "date": "2025-01-03", "close": 13.669891, "volume": 457500, "typical_volume": 930415.0, "trend": 13.095872, "fair_value": 12.01761, "relative_strength": -3.053485, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 32.659454, "energy": 22.643633, "activity_lines": [ 13.704946, 13.885965, 13.74305, 13.508234 ] }, { "date": "2025-01-10", "close": 13.596, "volume": 869900, "typical_volume": 944700.0, "trend": 13.165765, "fair_value": 12.046843, "relative_strength": -2.242356, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 26.45778, "energy": 22.761979, "activity_lines": [ 13.625605, 13.816806, 13.750095, 13.5405 ] }, { "date": "2025-01-17", "close": 13.85462, "volume": 1212300, "typical_volume": 957075.0, "trend": 13.24726, "fair_value": 12.077683, "relative_strength": -1.398963, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 30.421115, "energy": 18.083228, "activity_lines": [ 13.680181, 13.801676, 13.779817, 13.584942 ] }, { "date": "2025-01-24", "close": 13.789965, "volume": 727600, "typical_volume": 957265.0, "trend": 13.313466, "fair_value": 12.107802, "relative_strength": -3.048049, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 21.030494, "energy": 10.603909, "activity_lines": [ 13.733871, 13.779092, 13.798949, 13.619956 ] }, { "date": "2025-01-31", "close": 13.826738, "volume": 1064200, "typical_volume": 955655.0, "trend": 13.385089, "fair_value": 12.137852, "relative_strength": -2.73295, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 32.905949, "energy": 16.961323, "activity_lines": [ 13.781287, 13.769835, 13.815775, 13.65307 ] }, { "date": "2025-02-07", "close": 13.260676, "volume": 1406100, "typical_volume": 844310.0, "trend": 13.430956, "fair_value": 12.159438, "relative_strength": -6.00139, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 1.758273, "energy": 3.664525, "activity_lines": [ 13.619031, 13.66363, 13.773743, 13.645043 ] }, { "date": "2025-02-14", "close": 12.490463, "volume": 1685300, "typical_volume": 867215.0, "trend": 13.448455, "fair_value": 12.175273, "relative_strength": -11.217284, "stage": 4, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -36.316152, "energy": 43.312894, "activity_lines": [ 13.227319, 13.434658, 13.657228, 13.584366 ] }, { "date": "2025-02-21", "close": 12.332708, "volume": 1410600, "typical_volume": 898635.0, "trend": 13.419673, "fair_value": 12.191879, "relative_strength": -10.769931, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -39.296353, "energy": 60.361993, "activity_lines": [ 12.856724, 13.210115, 13.527362, 13.512383 ] }, { "date": "2025-02-28", "close": 12.277078, "volume": 1404400, "typical_volume": 922460.0, "trend": 13.388478, "fair_value": 12.20685, "relative_strength": -11.639837, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -47.15994, "energy": 70.992739, "activity_lines": [ 12.569047, 13.008765, 13.39562, 13.438667 ] }, { "date": "2025-03-07", "close": 12.211774, "volume": 1172600, "typical_volume": 950935.0, "trend": 13.371942, "fair_value": 12.222119, "relative_strength": -9.520124, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -71.002677, "energy": 82.192322, "activity_lines": [ 12.360461, 12.817995, 13.26243, 13.36275 ] }, { "date": "2025-03-14", "close": 12.06251, "volume": 1565800, "typical_volume": 922330.0, "trend": 13.338104, "fair_value": 12.234233, "relative_strength": -9.597146, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -74.062994, "energy": 84.392367, "activity_lines": [ 12.209784, 12.623725, 13.119325, 13.278271 ] }, { "date": "2025-03-21", "close": 11.959889, "volume": 2620300, "typical_volume": 997900.0, "trend": 13.297238, "fair_value": 12.242214, "relative_strength": -11.539202, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -74.98085, "energy": 86.683254, "activity_lines": [ 12.104778, 12.440023, 12.975189, 13.189354 ] }, { "date": "2025-03-28", "close": 11.829283, "volume": 1025800, "typical_volume": 1018800.0, "trend": 13.260756, "fair_value": 12.250487, "relative_strength": -11.443048, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -75.149459, "energy": 83.608919, "activity_lines": [ 11.991608, 12.262321, 12.828241, 13.094647 ] }, { "date": "2025-04-04", "close": 11.435285, "volume": 1613400, "typical_volume": 1077280.0, "trend": 13.222922, "fair_value": 12.257619, "relative_strength": -8.285814, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -81.525534, "energy": 83.174536, "activity_lines": [ 11.780668, 12.049808, 12.65454, 12.976875 ] }, { "date": "2025-04-11", "close": 11.632285, "volume": 1560600, "typical_volume": 1131065.0, "trend": 13.184405, "fair_value": 12.266732, "relative_strength": -7.930939, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -69.983422, "energy": 71.622188, "activity_lines": [ 11.691513, 11.915925, 12.512554, 12.874253 ] }, { "date": "2025-04-18", "close": 11.791759, "volume": 721900, "typical_volume": 1139150.0, "trend": 13.143349, "fair_value": 12.275431, "relative_strength": -8.693344, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.642553, "energy": 60.34574, "activity_lines": [ 11.69415, 11.850937, 12.397769, 12.784405 ] }, { "date": "2025-04-25", "close": 12.251423, "volume": 1718500, "typical_volume": 1197675.0, "trend": 13.123668, "fair_value": 12.290667, "relative_strength": -7.012708, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.303141, "energy": 47.240452, "activity_lines": [ 11.868057, 11.896231, 12.33828, 12.726861 ] }, { "date": "2025-05-02", "close": 12.496331, "volume": 863400, "typical_volume": 1207305.0, "trend": 13.105167, "fair_value": 12.305517, "relative_strength": -6.329121, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -43.447684, "energy": 29.560619, "activity_lines": [ 12.104165, 11.9904, 12.311926, 12.686388 ] }, { "date": "2025-05-09", "close": 12.760404, "volume": 690500, "typical_volume": 1203215.0, "trend": 13.08788, "fair_value": 12.322729, "relative_strength": -5.566944, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -28.011018, "energy": 23.963563, "activity_lines": [ 12.383828, 12.129608, 12.318666, 12.664145 ] }, { "date": "2025-05-16", "close": 13.486605, "volume": 913900, "typical_volume": 1235230.0, "trend": 13.100263, "fair_value": 12.345935, "relative_strength": -2.597181, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": 6.119011, "energy": 25.351714, "activity_lines": [ 12.817216, 12.392065, 12.398148, 12.689869 ] }, { "date": "2025-05-23", "close": 13.250829, "volume": 490100, "typical_volume": 1236860.0, "trend": 13.078679, "fair_value": 12.367011, "relative_strength": -3.938137, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": 10.377569, "energy": 31.943737, "activity_lines": [ 13.048391, 12.588474, 12.455295, 12.699583 ] }, { "date": "2025-05-30", "close": 13.221462, "volume": 686100, "typical_volume": 1227670.0, "trend": 13.053348, "fair_value": 12.386813, "relative_strength": -5.172513, "stage": 4, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 26.136014, "energy": 39.891642, "activity_lines": [ 13.172505, 12.757938, 12.51164, 12.708795 ] }, { "date": "2025-06-06", "close": 13.202508, "volume": 750700, "typical_volume": 1204590.0, "trend": 13.023725, "fair_value": 12.408667, "relative_strength": -6.108925, "stage": 4, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 24.851569, "energy": 47.675868, "activity_lines": [ 13.225633, 12.901018, 12.567965, 12.718418 ] }, { "date": "2025-06-13", "close": 13.363629, "volume": 747100, "typical_volume": 1205565.0, "trend": 12.997338, "fair_value": 12.436159, "relative_strength": -5.139826, "stage": 4, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 28.901766, "energy": 50.492607, "activity_lines": [ 13.285388, 13.048426, 12.642739, 12.740348 ] }, { "date": "2025-06-20", "close": 13.392062, "volume": 650600, "typical_volume": 1184885.0, "trend": 12.971899, "fair_value": 12.46223, "relative_strength": -4.831205, "stage": 4, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 28.088137, "energy": 34.226355, "activity_lines": [ 13.314407, 13.165942, 12.722251, 12.765814 ] }, { "date": "2025-06-27", "close": 13.448927, "volume": 627200, "typical_volume": 1145940.0, "trend": 12.946511, "fair_value": 12.489707, "relative_strength": -5.001316, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 37.412113, "energy": 35.810679, "activity_lines": [ 13.368683, 13.261801, 12.809249, 12.79659 ] }, { "date": "2025-07-04", "close": 13.71562, "volume": 423400, "typical_volume": 1082845.0, "trend": 12.926643, "fair_value": 12.518635, "relative_strength": -4.324204, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 45.53523, "energy": 48.680997, "activity_lines": [ 13.498651, 13.376019, 12.92075, 12.84621 ] }, { "date": "2025-07-11", "close": 13.334632, "volume": 1240000, "typical_volume": 1074315.0, "trend": 12.898977, "fair_value": 12.5459, "relative_strength": -6.782953, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 33.166932, "energy": 39.809621, "activity_lines": [ 13.468678, 13.394346, 12.990132, 12.872531 ] }, { "date": "2025-07-18", "close": 13.172709, "volume": 1388900, "typical_volume": 1073540.0, "trend": 12.887668, "fair_value": 12.557821, "relative_strength": -8.745534, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 57.438122, "energy": 39.288449, "activity_lines": [ 13.375923, 13.36799, 13.039322, 12.890191 ] }, { "date": "2025-07-25", "close": 13.077464, "volume": 2293300, "typical_volume": 1129575.0, "trend": 12.873184, "fair_value": 12.565373, "relative_strength": -9.661963, "stage": 4, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 43.660325, "energy": 29.207182, "activity_lines": [ 13.264148, 13.31682, 13.075176, 12.902436 ] }, { "date": "2025-08-01", "close": 12.5144, "volume": 1990800, "typical_volume": 1150825.0, "trend": 12.834668, "fair_value": 12.568949, "relative_strength": -11.611198, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 11.424525, "energy": 18.323958, "activity_lines": [ 12.985658, 13.170713, 13.053283, 12.879289 ] }, { "date": "2025-08-08", "close": 12.878246, "volume": 909600, "typical_volume": 1065290.0, "trend": 12.810743, "fair_value": 12.5735, "relative_strength": -11.116001, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 20.711582, "energy": 23.417961, "activity_lines": [ 12.890751, 13.104151, 13.06389, 12.8821 ] }, { "date": "2025-08-15", "close": 13.002721, "volume": 794700, "typical_volume": 1053735.0, "trend": 12.782346, "fair_value": 12.580102, "relative_strength": -10.394596, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 9.111927, "energy": 19.36722, "activity_lines": [ 12.893162, 13.06646, 13.081978, 12.894486 ] }, { "date": "2025-08-22", "close": 13.309118, "volume": 755000, "typical_volume": 1010815.0, "trend": 12.766318, "fair_value": 12.588042, "relative_strength": -9.343721, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 24.96254, "energy": 20.092025, "activity_lines": [ 13.019832, 13.08811, 13.123659, 12.928471 ] }, { "date": "2025-08-29", "close": 13.251669, "volume": 797700, "typical_volume": 972670.0, "trend": 12.747149, "fair_value": 12.597811, "relative_strength": -10.16738, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 37.499468, "energy": 21.757955, "activity_lines": [ 13.118258, 13.100307, 13.150946, 12.959784 ] }, { "date": "2025-09-05", "close": 13.33828, "volume": 527100, "typical_volume": 962930.0, "trend": 12.749736, "fair_value": 12.605356, "relative_strength": -10.785465, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 43.653181, "energy": 35.22588, "activity_lines": [ 13.233941, 13.130803, 13.17877, 12.997922 ] }, { "date": "2025-09-12", "close": 13.319035, "volume": 647100, "typical_volume": 909360.0, "trend": 12.777355, "fair_value": 12.612514, "relative_strength": -11.332887, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 43.720871, "energy": 41.281319, "activity_lines": [ 13.288284, 13.159812, 13.197397, 13.034651 ] }, { "date": "2025-09-19", "close": 13.386397, "volume": 839200, "typical_volume": 908150.0, "trend": 12.812478, "fair_value": 12.623934, "relative_strength": -12.018599, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 47.873356, "energy": 41.856072, "activity_lines": [ 13.335695, 13.208279, 13.217356, 13.073944 ] }, { "date": "2025-09-26", "close": 13.44414, "volume": 1170600, "typical_volume": 932155.0, "trend": 12.85138, "fair_value": 12.635092, "relative_strength": -11.33675, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 59.517389, "energy": 45.003692, "activity_lines": [ 13.376775, 13.266304, 13.238575, 13.114696 ] }, { "date": "2025-10-03", "close": 13.666597, "volume": 785800, "typical_volume": 925750.0, "trend": 12.899874, "fair_value": 12.646043, "relative_strength": -11.665356, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 68.620197, "energy": 51.86622, "activity_lines": [ 13.483006, 13.35984, 13.277725, 13.167291 ] }, { "date": "2025-10-10", "close": 13.34742, "volume": 1016000, "typical_volume": 952045.0, "trend": 12.942704, "fair_value": 12.656318, "relative_strength": -11.614495, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 55.182465, "energy": 36.006573, "activity_lines": [ 13.455182, 13.384633, 13.28562, 13.196165 ] }, { "date": "2025-10-17", "close": 13.850365, "volume": 742000, "typical_volume": 954840.0, "trend": 13.00572, "fair_value": 12.676139, "relative_strength": -8.83189, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 70.690897, "energy": 49.510621, "activity_lines": [ 13.594398, 13.485724, 13.340955, 13.254724 ] }, { "date": "2025-10-24", "close": 13.927742, "volume": 1363800, "typical_volume": 985495.0, "trend": 13.075669, "fair_value": 12.693301, "relative_strength": -8.681063, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 69.800171, "energy": 57.261724, "activity_lines": [ 13.723984, 13.583209, 13.400664, 13.314209 ] }, { "date": "2025-10-31", "close": 13.705624, "volume": 943400, "typical_volume": 995310.0, "trend": 13.151347, "fair_value": 12.708509, "relative_strength": -9.434915, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 57.45605, "energy": 45.630512, "activity_lines": [ 13.743441, 13.623491, 13.435765, 13.354851 ] }, { "date": "2025-11-07", "close": 13.763944, "volume": 691400, "typical_volume": 997350.0, "trend": 13.222402, "fair_value": 12.719859, "relative_strength": -7.602694, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 56.875055, "energy": 51.710552, "activity_lines": [ 13.764906, 13.667166, 13.474793, 13.394374 ] }, { "date": "2025-11-14", "close": 13.812546, "volume": 803000, "typical_volume": 1006140.0, "trend": 13.289762, "fair_value": 12.730356, "relative_strength": -8.141496, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 56.738778, "energy": 43.883364, "activity_lines": [ 13.796082, 13.710365, 13.516678, 13.432447 ] }, { "date": "2025-11-21", "close": 13.831986, "volume": 1212900, "typical_volume": 1045615.0, "trend": 13.342447, "fair_value": 12.739284, "relative_strength": -7.154668, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 56.372661, "energy": 35.545632, "activity_lines": [ 13.802729, 13.748475, 13.558683, 13.46743 ] }, { "date": "2025-11-28", "close": 14.269587, "volume": 888100, "typical_volume": 1028020.0, "trend": 13.401556, "fair_value": 12.748997, "relative_strength": -7.589778, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 72.33456, "energy": 47.889045, "activity_lines": [ 13.956469, 13.856822, 13.64181, 13.527245 ] }, { "date": "2025-12-05", "close": 14.923975, "volume": 879100, "typical_volume": 1002530.0, "trend": 13.473675, "fair_value": 12.763861, "relative_strength": -2.82612, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 84.611736, "energy": 75.217677, "activity_lines": [ 14.305548, 14.068091, 13.782808, 13.625466 ] }, { "date": "2025-12-12", "close": 15.383024, "volume": 873000, "typical_volume": 931515.0, "trend": 13.536889, "fair_value": 12.779543, "relative_strength": -0.23976, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 88.312996, "energy": 87.3617, "activity_lines": [ 14.72642, 14.335918, 13.959185, 13.74865 ] }, { "date": "2025-12-19", "close": 15.646733, "volume": 1461300, "typical_volume": 905040.0, "trend": 13.616752, "fair_value": 12.800049, "relative_strength": 0.965126, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 87.246429, "energy": 92.738787, "activity_lines": [ 15.127256, 14.620484, 14.149698, 13.884769 ] }, { "date": "2025-12-26", "close": 15.832307, "volume": 365400, "typical_volume": 877830.0, "trend": 13.70378, "fair_value": 12.823922, "relative_strength": 1.584374, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 83.379615, "energy": 93.194651, "activity_lines": [ 15.467672, 14.896984, 14.34297, 14.027708 ] }, { "date": "2026-01-02", "close": 15.676726, "volume": 513900, "typical_volume": 863790.0, "trend": 13.786254, "fair_value": 12.843064, "relative_strength": 1.167067, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 71.384035, "energy": 88.544274, "activity_lines": [ 15.622872, 15.109162, 14.507357, 14.154994 ] }, { "date": "2026-01-09", "close": 16.020084, "volume": 852400, "typical_volume": 868660.0, "trend": 13.874803, "fair_value": 12.86254, "relative_strength": 1.301721, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 78.160869, "energy": 89.837222, "activity_lines": [ 15.798716, 15.351969, 14.691712, 14.299112 ] }, { "date": "2026-01-16", "close": 16.353634, "volume": 804800, "typical_volume": 869015.0, "trend": 13.973522, "fair_value": 12.894342, "relative_strength": 2.306495, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 82.827165, "energy": 89.971395, "activity_lines": [ 16.012669, 15.613341, 14.894923, 14.459037 ] }, { "date": "2026-01-23", "close": 16.451733, "volume": 899300, "typical_volume": 887625.0, "trend": 14.073615, "fair_value": 12.9256, "relative_strength": 2.780255, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 80.764078, "energy": 88.646794, "activity_lines": [ 16.194614, 15.845463, 15.092707, 14.618922 ] }, { "date": "2026-01-30", "close": 15.842531, "volume": 2606100, "typical_volume": 985575.0, "trend": 14.144512, "fair_value": 12.950274, "relative_strength": 2.946954, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.345396, "energy": 71.356477, "activity_lines": [ 16.119826, 15.918836, 15.217645, 14.733045 ] }, { "date": "2026-02-06", "close": 17.182447, "volume": 1606100, "typical_volume": 1023920.0, "trend": 14.272773, "fair_value": 12.985573, "relative_strength": 9.736407, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 88.829844, "energy": 73.478096, "activity_lines": [ 16.490994, 16.199275, 15.458178, 14.929041 ] }, { "date": "2026-02-13", "close": 16.64057, "volume": 2319800, "typical_volume": 1081380.0, "trend": 14.388368, "fair_value": 13.016059, "relative_strength": 4.285006, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.759389, "energy": 62.093337, "activity_lines": [ 16.581155, 16.32823, 15.629026, 15.081802 ] }, { "date": "2026-02-20", "close": 17.123333, "volume": 968400, "typical_volume": 1090510.0, "trend": 14.52323, "fair_value": 13.049962, "relative_strength": 4.883636, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 76.393264, "energy": 65.416858, "activity_lines": [ 16.790872, 16.513749, 15.830632, 15.258252 ] }, { "date": "2026-02-27", "close": 17.063704, "volume": 1735700, "typical_volume": 1126495.0, "trend": 14.674874, "fair_value": 13.080038, "relative_strength": 2.873059, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 70.693313, "energy": 64.199633, "activity_lines": [ 16.929399, 16.656784, 16.010097, 15.422153 ] }, { "date": "2026-03-06", "close": 16.489969, "volume": 1559100, "typical_volume": 1167350.0, "trend": 14.795265, "fair_value": 13.103747, "relative_strength": 3.167871, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.906013, "energy": 55.802968, "activity_lines": [ 16.835883, 16.669741, 16.117225, 15.539256 ] }, { "date": "2026-03-13", "close": 15.90634, "volume": 1576900, "typical_volume": 1178005.0, "trend": 14.892052, "fair_value": 13.127695, "relative_strength": 1.183322, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 49.312931, "energy": 40.266285, "activity_lines": [ 16.504662, 16.564626, 16.156199, 15.610938 ] }, { "date": "2026-03-20", "close": 15.975584, "volume": 1847100, "typical_volume": 1223190.0, "trend": 14.980934, "fair_value": 13.152303, "relative_strength": 5.466599, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 41.190511, "energy": 26.206808, "activity_lines": [ 16.281595, 16.467926, 16.192346, 15.680844 ] }, { "date": "2026-03-27", "close": 16.569103, "volume": 1407600, "typical_volume": 1259000.0, "trend": 15.091515, "fair_value": 13.178718, "relative_strength": 7.010234, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 40.3119, "energy": 23.579627, "activity_lines": [ 16.300701, 16.479947, 16.274209, 15.783306 ] }, { "date": "2026-04-03", "close": 17.214954, "volume": 1161700, "typical_volume": 1276935.0, "trend": 15.220738, "fair_value": 13.21084, "relative_strength": 7.213388, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 56.919355, "energy": 30.454236, "activity_lines": [ 16.572039, 16.605479, 16.404225, 15.920302 ] }, { "date": "2026-04-10", "close": 18.21825, "volume": 1019900, "typical_volume": 1267285.0, "trend": 15.384045, "fair_value": 13.247934, "relative_strength": 11.273569, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 80.376133, "energy": 53.713238, "activity_lines": [ 17.167726, 16.899551, 16.61359, 16.11369 ] }, { "date": "2026-04-17", "close": 18.148716, "volume": 1025900, "typical_volume": 1274175.0, "trend": 15.542789, "fair_value": 13.283016, "relative_strength": 8.573286, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 75.686043, "energy": 73.534084, "activity_lines": [ 17.625015, 17.137785, 16.795446, 16.292056 ] }, { "date": "2026-04-24", "close": 19.817564, "volume": 1563500, "typical_volume": 1308395.0, "trend": 15.755236, "fair_value": 13.32861, "relative_strength": 19.683762, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 89.65503, "energy": 89.813318, "activity_lines": [ 18.489096, 17.661878, 17.117767, 16.567848 ] }, { "date": "2026-05-01", "close": 20.407534, "volume": 2194300, "typical_volume": 1374460.0, "trend": 15.979934, "fair_value": 13.37625, "relative_strength": 22.79601, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 89.937511, "energy": 95.237954, "activity_lines": [ 19.293702, 18.235475, 17.472974, 16.867996 ] }, { "date": "2026-05-08", "close": 21.063278, "volume": 1403300, "typical_volume": 1371560.0, "trend": 16.23713, "fair_value": 13.427604, "relative_strength": 25.482419, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 89.144374, "energy": 95.443119, "activity_lines": [ 20.060993, 18.868585, 17.866706, 17.195954 ] }, { "date": "2026-05-15", "close": 21.460697, "volume": 900800, "typical_volume": 1398330.0, "trend": 16.490807, "fair_value": 13.479987, "relative_strength": 28.197835, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 86.594094, "energy": 94.995818, "activity_lines": [ 20.704203, 19.501234, 18.272494, 17.532958 ] }, { "date": "2026-05-22", "close": 21.371277, "volume": 1981600, "typical_volume": 1471715.0, "trend": 16.738925, "fair_value": 13.531906, "relative_strength": 24.777285, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 76.241022, "energy": 91.175578, "activity_lines": [ 21.101443, 20.027248, 18.642965, 17.847827 ] }, { "date": "2026-05-29", "close": 21.728891, "volume": 906600, "typical_volume": 1474425.0, "trend": 17.006367, "fair_value": 13.583887, "relative_strength": 25.198301, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 77.180549, "energy": 90.242342, "activity_lines": [ 21.40305, 20.51892, 19.020377, 18.16976 ] }, { "date": "2026-06-05", "close": 22.586086, "volume": 234000, "typical_volume": 1445885.0, "trend": 17.300439, "fair_value": 13.643706, "relative_strength": 30.692709, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 84.847377, "energy": 88.437959, "activity_lines": [ 21.862966, 21.061839, 19.452242, 18.529742 ] }, { "date": "2026-06-12", "close": 23.004717, "volume": 144100, "typical_volume": 1408125.0, "trend": 17.606844, "fair_value": 13.707896, "relative_strength": 30.347193, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 84.835019, "energy": 80.824988, "activity_lines": [ 22.31719, 21.571474, 19.894298, 18.89776 ] }, { "date": "2026-06-19", "close": 21.708958, "volume": 94700, "typical_volume": 1282555.0, "trend": 17.86941, "fair_value": 13.765306, "relative_strength": 22.358685, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 67.716317, "energy": 66.914176, "activity_lines": [ 22.210065, 21.740248, 20.181743, 19.162413 ] }, { "date": "2026-06-26", "close": 21.245859, "volume": 123100, "typical_volume": 1208405.0, "trend": 18.101953, "fair_value": 13.818493, "relative_strength": 19.242624, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.463659, "energy": 64.42195, "activity_lines": [ 21.932023, 21.761355, 20.397149, 19.380248 ] }, { "date": "2026-07-03", "close": 21.375233, "volume": 65000, "typical_volume": 1095665.0, "trend": 18.316995, "fair_value": 13.872673, "relative_strength": 18.613779, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 52.814978, "energy": 54.744573, "activity_lines": [ 21.705466, 21.749673, 20.605527, 19.591427 ] }, { "date": "2026-07-10", "close": 22.761679, "volume": 1295400, "typical_volume": 1112015.0, "trend": 18.56295, "fair_value": 13.937108, "relative_strength": 25.386455, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 76.587817, "energy": 58.161925, "activity_lines": [ 21.964636, 21.96175, 20.923401, 19.878181 ] }, { "date": "2026-07-17", "close": 25.564497, "volume": 2204600, "typical_volume": 1135460.0, "trend": 18.893542, "fair_value": 14.01344, "relative_strength": 39.723391, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 91.046843, "energy": 71.837297, "activity_lines": [ 23.146372, 22.640628, 21.48136, 20.329894 ] }, { "date": "2026-07-24", "close": 28.656574, "volume": 1760200, "typical_volume": 1145515.0, "trend": 19.321017, "fair_value": 14.110849, "relative_strength": 54.244587, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 94.758556, "energy": 96.000961, "activity_lines": [ 25.188148, 23.799862, 22.293324, 20.959767 ] }, { "date": "2026-07-31", "close": 27.530001, "volume": 2356000, "typical_volume": 1184470.0, "trend": 19.716127, "fair_value": 14.202628, "relative_strength": 47.068107, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 85.017446, "energy": 94.44509, "activity_lines": [ 26.391226, 24.62343, 22.940058, 21.489379 ] }, { "date": "2026-08-07", "close": 26.549999, "volume": 1163700, "typical_volume": 1150300.0, "trend": 20.067124, "fair_value": 14.288289, "relative_strength": 36.021099, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.206733, "energy": 88.321497, "activity_lines": [ 26.848693, 25.156839, 23.438108, 21.930274 ] } ], "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." } } }