{ "ticker": { "uuid": "13e0a646-3416-45e0-a0e6-52d8bc349c59", "symbol": "EXIC", "name": "iShares Core DAX UCITS ETF (DE) EUR (Dist)", "exchange": "GER", "country": "DE", "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": "^GDAXI", "stage": 3, "stage_name": "Distribution", "phase": "3b", "phase_label": "Stage 3B \u00b7 Distribution", "transition": "stage_3_churning", "transition_label": "Stage 3 range intact", "confidence": 58.049, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Early expansion", "architecture_gate": "up", "architecture_direction": 82.497, "architecture_energy": 71.845, "architecture_maturity": 15.573, "architecture_confidence": 77.066, "architecture_tenure": "Developing", "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": 18.64, "rotation_up": 67.3, "upward_expansion": 88.19, "deceleration": 46.24, "rotation_down": 15.66, "downward_expansion": 14.86 }, "activity_lines": [ 7.282533, 7.215734, 7.120856, 7.044272 ], "activity_state": "Wide", "activity_direction": "Expanding", "rotation_direction": "Improving", "price_acceptance": 0.666667 }, "latest_close": 7.487, "trend_reference": 6.999432, "distance_from_trend": 0.069658, "trend_direction": "Improving", "fair_value": 5.999695, "distance_from_fair_value": 0.247897, "fair_value_direction": "Improving", "relative_strength": -0.295367, "relative_strength_direction": "Improving", "price_momentum": 0.060303, "excess_performance": -0.004337, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.069658, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.013309, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.247897, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.051849, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.002954, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.000593, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.060303, "read": "Positive" }, { "label": "Volume balance", "positive": false, "value": 0.811622, "read": "Supply-led" } ], "volume": { "latest": 822975, "relative_activity": 1.880024, "balance": 0.811622, "dry_up": 1.104181, "accumulation_observations": 1, "distribution_observations": 2 }, "risk": { "range_context": 0.024434, "annualized_volatility": 0.188263, "from_high_reference": -0.003063, "from_low_reference": 0.197029 }, "levels": { "trend_reference": 6.999432, "fair_value_reference": 5.999695, "structural_low": 6.254651, "invalidation": "A decisive breakout above range resistance with renewed RS leadership invalidates the distribution reading; a range-low break confirms deterioration." }, "outcomes": [ { "horizon": "Near term", "sample_count": 32, "median_return": 0.002314, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": -0.000371, "regime_survival": 0.78125, "best_return": 0.085461, "worst_return": -0.115368, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 10, "median_return": 0.043794, "positive_rate": 0.7, "directional_follow_through": 0.7, "median_excess_return": -0.001289, "regime_survival": 0.6, "best_return": 0.124596, "worst_return": -0.058783, "sufficient": true }, { "horizon": "Extended", "sample_count": 6, "median_return": 0.079768, "positive_rate": 0.833333, "directional_follow_through": 0.833333, "median_excess_return": -0.004698, "regime_survival": 0.5, "best_return": 0.171361, "worst_return": -0.012078, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 3, "median_return": 0.198827, "positive_rate": 1.0, "directional_follow_through": 1.0, "median_excess_return": -0.006913, "regime_survival": 0.333333, "best_return": 0.226599, "worst_return": 0.192504, "sufficient": false } ], "ledger": [ { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2023-10-20", "end": "2023-12-01", "tenure": "Developing", "return": 0.106792, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2023-12-08", "end": "2023-12-29", "tenure": "New", "return": -0.000987, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-01-05", "end": "2024-06-21", "tenure": "Established", "return": 0.08919, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-06-28", "end": "2024-09-20", "tenure": "Established", "return": 0.026552, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-09-27", "end": "2025-04-04", "tenure": "Extended", "return": 0.058444, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-04-11", "end": "2025-05-09", "tenure": "Developing", "return": 0.15148, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-05-16", "end": "2025-09-12", "tenure": "Established", "return": -0.004219, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-09-19", "end": "2026-01-02", "tenure": "Established", "return": 0.037941, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-01-09", "end": "2026-03-20", "tenure": "Developing", "return": -0.114262, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2026-03-27", "end": "2026-04-03", "tenure": "New", "return": 0.037297, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-04-10", "end": "2026-04-24", "tenure": "New", "return": 0.013602, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-05-01", "end": "2026-06-05", "tenure": "Developing", "return": 0.018511, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2026-06-12", "end": "2026-07-03", "tenure": "New", "return": 0.046722, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-07-10", "end": "2026-08-07", "tenure": "Developing", "return": 0.050365, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 4.501001, "volume": 85083, "typical_volume": 82133.2, "trend": 4.561389, "fair_value": 4.333209, "relative_strength": -0.408047, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 1.228009, "energy": 5.220956, "activity_lines": [ 4.588466, 4.611386, 4.622474, 4.599756 ] }, { "date": "2023-08-25", "close": 4.519276, "volume": 48196, "typical_volume": 81385.65, "trend": 4.565274, "fair_value": 4.334735, "relative_strength": -0.359919, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -18.631747, "energy": 23.028024, "activity_lines": [ 4.553512, 4.592005, 4.612865, 4.597039 ] }, { "date": "2023-09-01", "close": 4.579251, "volume": 14804, "typical_volume": 81116.1, "trend": 4.567999, "fair_value": 4.336723, "relative_strength": -0.353246, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -13.626854, "energy": 21.973102, "activity_lines": [ 4.548888, 4.58737, 4.60902, 4.597941 ] }, { "date": "2023-09-08", "close": 4.548795, "volume": 53202, "typical_volume": 80939.65, "trend": 4.571381, "fair_value": 4.338433, "relative_strength": -0.371736, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -14.599443, "energy": 27.193128, "activity_lines": [ 4.546265, 4.577139, 4.602316, 4.596702 ] }, { "date": "2023-09-15", "close": 4.590226, "volume": 195385, "typical_volume": 89184.2, "trend": 4.574534, "fair_value": 4.340447, "relative_strength": -0.420518, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -10.836303, "energy": 13.72422, "activity_lines": [ 4.561574, 4.576604, 4.599847, 4.597918 ] }, { "date": "2023-09-22", "close": 4.494676, "volume": 120166, "typical_volume": 90924.9, "trend": 4.577196, "fair_value": 4.341671, "relative_strength": -0.371761, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -30.617652, "energy": 18.943439, "activity_lines": [ 4.543896, 4.55721, 4.588397, 4.592766 ] }, { "date": "2023-09-29", "close": 4.442601, "volume": 130935, "typical_volume": 97020.35, "trend": 4.574468, "fair_value": 4.342466, "relative_strength": -0.421835, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -37.863224, "energy": 32.939463, "activity_lines": [ 4.509282, 4.531266, 4.572586, 4.584082 ] }, { "date": "2023-10-06", "close": 4.401037, "volume": 61911, "typical_volume": 94084.95, "trend": 4.571811, "fair_value": 4.342924, "relative_strength": -0.324499, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -42.685069, "energy": 52.672079, "activity_lines": [ 4.465924, 4.501979, 4.553564, 4.572893 ] }, { "date": "2023-10-13", "close": 4.386227, "volume": 198923, "typical_volume": 101496.5, "trend": 4.574967, "fair_value": 4.343259, "relative_strength": -0.363448, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -70.655048, "energy": 72.672773, "activity_lines": [ 4.429511, 4.476554, 4.534588, 4.56092 ] }, { "date": "2023-10-20", "close": 4.276822, "volume": 18783, "typical_volume": 97351.7, "trend": 4.572769, "fair_value": 4.342748, "relative_strength": -0.288289, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -81.633927, "energy": 81.913964, "activity_lines": [ 4.367467, 4.435317, 4.506315, 4.541685 ] }, { "date": "2023-10-27", "close": 4.244335, "volume": 80928, "typical_volume": 98447.1, "trend": 4.562888, "fair_value": 4.341997, "relative_strength": -0.285076, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -81.735513, "energy": 86.381291, "activity_lines": [ 4.315488, 4.393561, 4.476688, 4.520495 ] }, { "date": "2023-11-03", "close": 4.388138, "volume": 61774, "typical_volume": 95824.6, "trend": 4.558157, "fair_value": 4.342346, "relative_strength": -0.30201, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.302721, "energy": 76.370708, "activity_lines": [ 4.328132, 4.382618, 4.462502, 4.509221 ] }, { "date": "2023-11-10", "close": 4.399127, "volume": 68567, "typical_volume": 95100.3, "trend": 4.551852, "fair_value": 4.342773, "relative_strength": -0.332649, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.352684, "energy": 60.813672, "activity_lines": [ 4.348071, 4.376058, 4.450992, 4.498961 ] }, { "date": "2023-11-17", "close": 4.598348, "volume": 102711, "typical_volume": 91132.25, "trend": 4.551489, "fair_value": 4.344681, "relative_strength": -0.286879, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -21.486263, "energy": 17.747957, "activity_lines": [ 4.434544, 4.408994, 4.459298, 4.501961 ] }, { "date": "2023-11-24", "close": 4.632268, "volume": 89344, "typical_volume": 90583.9, "trend": 4.552054, "fair_value": 4.346811, "relative_strength": -0.230103, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -0.748431, "energy": 20.197635, "activity_lines": [ 4.518182, 4.447197, 4.471166, 4.507173 ] }, { "date": "2023-12-01", "close": 4.733552, "volume": 72066, "typical_volume": 89059.8, "trend": 4.555825, "fair_value": 4.349655, "relative_strength": -0.322312, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "mixed", "direction": 41.289029, "energy": 44.672455, "activity_lines": [ 4.611885, 4.50305, 4.49209, 4.518882 ] }, { "date": "2023-12-08", "close": 4.842479, "volume": 130940, "typical_volume": 94244.65, "trend": 4.563925, "fair_value": 4.353252, "relative_strength": -0.217113, "stage": 3, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 50.812474, "energy": 65.189644, "activity_lines": [ 4.709282, 4.574365, 4.523015, 4.537376 ] }, { "date": "2023-12-15", "close": 4.841523, "volume": 42748, "typical_volume": 90863.0, "trend": 4.568407, "fair_value": 4.35679, "relative_strength": -0.179422, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 44.694177, "energy": 77.095962, "activity_lines": [ 4.776071, 4.638236, 4.553048, 4.555285 ] }, { "date": "2023-12-22", "close": 4.82719, "volume": 63128, "typical_volume": 91044.15, "trend": 4.575252, "fair_value": 4.360174, "relative_strength": -0.193085, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 46.454851, "energy": 80.167547, "activity_lines": [ 4.80859, 4.691492, 4.581335, 4.571981 ] }, { "date": "2023-12-29", "close": 4.837701, "volume": 30383, "typical_volume": 83498.85, "trend": 4.581765, "fair_value": 4.363585, "relative_strength": -0.233765, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 71.331959, "energy": 88.862837, "activity_lines": [ 4.829356, 4.738642, 4.609592, 4.588913 ] }, { "date": "2024-01-05", "close": 4.792793, "volume": 103802, "typical_volume": 84434.8, "trend": 4.587836, "fair_value": 4.366629, "relative_strength": -0.209752, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.208821, "energy": 82.615177, "activity_lines": [ 4.821458, 4.767428, 4.632313, 4.602528 ] }, { "date": "2024-01-12", "close": 4.821458, "volume": 33026, "typical_volume": 83676.3, "trend": 4.590865, "fair_value": 4.369832, "relative_strength": -0.263226, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.830077, "energy": 68.068467, "activity_lines": [ 4.819165, 4.791455, 4.656373, 4.6176 ] }, { "date": "2024-01-19", "close": 4.777504, "volume": 15798, "typical_volume": 83726.0, "trend": 4.597583, "fair_value": 4.372683, "relative_strength": -0.26599, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 63.099688, "energy": 55.735968, "activity_lines": [ 4.803622, 4.799611, 4.674809, 4.629642 ] }, { "date": "2024-01-26", "close": 4.896942, "volume": 37621, "typical_volume": 82946.95, "trend": 4.605221, "fair_value": 4.376324, "relative_strength": -0.208598, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 77.416719, "energy": 59.877776, "activity_lines": [ 4.832159, 4.822604, 4.703676, 4.648955 ] }, { "date": "2024-02-02", "close": 4.884521, "volume": 33148, "typical_volume": 74835.1, "trend": 4.617755, "fair_value": 4.379829, "relative_strength": -0.195136, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 72.361512, "energy": 61.918699, "activity_lines": [ 4.851906, 4.83791, 4.729702, 4.666974 ] }, { "date": "2024-02-09", "close": 4.880699, "volume": 56524, "typical_volume": 71653.0, "trend": 4.625273, "fair_value": 4.383259, "relative_strength": -0.30764, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.639126, "energy": 62.131743, "activity_lines": [ 4.867258, 4.847934, 4.753963, 4.683939 ] }, { "date": "2024-02-16", "close": 4.939939, "volume": 29694, "typical_volume": 66590.95, "trend": 4.634125, "fair_value": 4.387046, "relative_strength": -0.211288, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 79.779513, "energy": 87.319832, "activity_lines": [ 4.896496, 4.866053, 4.782027, 4.70424 ] }, { "date": "2024-02-23", "close": 5.026891, "volume": 24356, "typical_volume": 64713.2, "trend": 4.642971, "fair_value": 4.391369, "relative_strength": -0.203526, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 87.003823, "energy": 91.363524, "activity_lines": [ 4.946819, 4.89821, 4.816004, 4.729579 ] }, { "date": "2024-03-01", "close": 5.118618, "volume": 57872, "typical_volume": 57660.65, "trend": 4.659903, "fair_value": 4.39625, "relative_strength": -0.179578, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 93.129544, "energy": 95.863308, "activity_lines": [ 5.011093, 4.943675, 4.855737, 4.760266 ] }, { "date": "2024-03-08", "close": 5.139639, "volume": 63329, "typical_volume": 59887.95, "trend": 4.678786, "fair_value": 4.401206, "relative_strength": -0.203826, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 88.919612, "energy": 95.564369, "activity_lines": [ 5.067594, 4.987663, 4.893985, 4.791217 ] }, { "date": "2024-03-15", "close": 5.17977, "volume": 64251, "typical_volume": 59054.1, "trend": 4.701412, "fair_value": 4.406362, "relative_strength": -0.097441, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 86.293568, "energy": 94.773499, "activity_lines": [ 5.120465, 5.033457, 4.931945, 4.823538 ] }, { "date": "2024-03-22", "close": 5.251433, "volume": 1181102, "typical_volume": 115020.5, "trend": 4.725817, "fair_value": 4.411922, "relative_strength": -0.200788, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 88.798137, "energy": 95.665801, "activity_lines": [ 5.177286, 5.085245, 4.972277, 4.859024 ] }, { "date": "2024-03-29", "close": 5.336473, "volume": 29216, "typical_volume": 113052.95, "trend": 4.751057, "fair_value": 4.417965, "relative_strength": -0.143116, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 91.278368, "energy": 95.807928, "activity_lines": [ 5.241687, 5.144677, 5.016596, 4.898421 ] }, { "date": "2024-04-05", "close": 5.239011, "volume": 29650, "typical_volume": 109399.9, "trend": 4.774065, "fair_value": 4.423296, "relative_strength": -0.240128, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.373769, "energy": 69.818655, "activity_lines": [ 5.252962, 5.176226, 5.04717, 4.929902 ] }, { "date": "2024-04-12", "close": 5.172127, "volume": 76305, "typical_volume": 108747.95, "trend": 4.793461, "fair_value": 4.428127, "relative_strength": -0.157563, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.514305, "energy": 66.803452, "activity_lines": [ 5.233916, 5.189395, 5.068323, 4.955583 ] }, { "date": "2024-04-19", "close": 5.113841, "volume": 37811, "typical_volume": 107035.2, "trend": 4.8141, "fair_value": 4.432523, "relative_strength": -0.196063, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.096741, "energy": 61.493057, "activity_lines": [ 5.193275, 5.186737, 5.081354, 4.976253 ] }, { "date": "2024-04-26", "close": 5.231368, "volume": 101454, "typical_volume": 105560.9, "trend": 4.840392, "fair_value": 4.437601, "relative_strength": -0.272032, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 58.351877, "energy": 52.06428, "activity_lines": [ 5.196205, 5.201209, 5.103767, 5.003173 ] }, { "date": "2024-05-03", "close": 5.186458, "volume": 33005, "typical_volume": 105073.75, "trend": 4.866573, "fair_value": 4.441919, "relative_strength": -0.243523, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 46.760094, "energy": 40.683499, "activity_lines": [ 5.185503, 5.202216, 5.120052, 5.0255 ] }, { "date": "2024-05-10", "close": 5.398581, "volume": 176746, "typical_volume": 110754.65, "trend": 4.900318, "fair_value": 4.447575, "relative_strength": -0.419873, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 81.515574, "energy": 58.378072, "activity_lines": [ 5.25551, 5.23889, 5.154896, 5.059823 ] }, { "date": "2024-05-17", "close": 5.376604, "volume": 57865, "typical_volume": 112128.75, "trend": 4.936978, "fair_value": 4.45306, "relative_strength": -0.450732, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 76.347589, "energy": 63.559952, "activity_lines": [ 5.307553, 5.266478, 5.184926, 5.090551 ] }, { "date": "2024-05-24", "close": 5.370871, "volume": 44973, "typical_volume": 109187.3, "trend": 4.974529, "fair_value": 4.458359, "relative_strength": -0.485901, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 70.561456, "energy": 65.093986, "activity_lines": [ 5.344053, 5.288715, 5.211844, 5.118544 ] }, { "date": "2024-05-31", "close": 5.317362, "volume": 51790, "typical_volume": 110125.5, "trend": 5.005503, "fair_value": 4.462993, "relative_strength": -0.424768, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.453809, "energy": 63.407857, "activity_lines": [ 5.345582, 5.297749, 5.230913, 5.140663 ] }, { "date": "2024-06-07", "close": 5.331695, "volume": 42109, "typical_volume": 111441.05, "trend": 5.036589, "fair_value": 4.46773, "relative_strength": -0.463897, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.114561, "energy": 53.893006, "activity_lines": [ 5.346155, 5.30819, 5.248985, 5.161707 ] }, { "date": "2024-06-14", "close": 5.173082, "volume": 107078, "typical_volume": 114913.9, "trend": 5.055746, "fair_value": 4.471905, "relative_strength": -0.434082, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 44.573657, "energy": 32.85173, "activity_lines": [ 5.284175, 5.289879, 5.249313, 5.170513 ] }, { "date": "2024-06-21", "close": 5.220261, "volume": 108364, "typical_volume": 118674.7, "trend": 5.075346, "fair_value": 4.476084, "relative_strength": -0.408328, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 36.663886, "energy": 20.430544, "activity_lines": [ 5.252954, 5.281345, 5.252819, 5.181127 ] }, { "date": "2024-06-28", "close": 5.24143, "volume": 151946, "typical_volume": 123445.8, "trend": 5.092275, "fair_value": 4.480317, "relative_strength": -0.388046, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 31.569278, "energy": 20.363526, "activity_lines": [ 5.239213, 5.275784, 5.256742, 5.191842 ] }, { "date": "2024-07-05", "close": 5.308788, "volume": 44205, "typical_volume": 124171.35, "trend": 5.107819, "fair_value": 4.484907, "relative_strength": -0.407912, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 36.983878, "energy": 21.890452, "activity_lines": [ 5.256553, 5.280151, 5.265362, 5.205811 ] }, { "date": "2024-07-12", "close": 5.388656, "volume": 55535, "typical_volume": 125730.3, "trend": 5.126057, "fair_value": 4.490292, "relative_strength": -0.369366, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 63.842951, "energy": 34.410715, "activity_lines": [ 5.301088, 5.297632, 5.279833, 5.223929 ] }, { "date": "2024-07-19", "close": 5.218336, "volume": 32682, "typical_volume": 124470.8, "trend": 5.139095, "fair_value": 4.494337, "relative_strength": -0.447045, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 42.2363, "energy": 24.875283, "activity_lines": [ 5.285053, 5.280468, 5.27636, 5.229883 ] }, { "date": "2024-07-26", "close": 5.29243, "volume": 34341, "typical_volume": 123021.4, "trend": 5.154253, "fair_value": 4.499099, "relative_strength": -0.368411, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 46.241698, "energy": 27.248866, "activity_lines": [ 5.290698, 5.280054, 5.279468, 5.239775 ] }, { "date": "2024-08-02", "close": 5.078808, "volume": 93572, "typical_volume": 124487.45, "trend": 5.163787, "fair_value": 4.502094, "relative_strength": -0.28572, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -4.707234, "energy": 7.001322, "activity_lines": [ 5.220325, 5.24233, 5.261505, 5.234908 ] }, { "date": "2024-08-09", "close": 5.092279, "volume": 185873, "typical_volume": 74726.0, "trend": 5.172814, "fair_value": 4.504756, "relative_strength": -0.358948, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -24.537585, "energy": 26.49421, "activity_lines": [ 5.165283, 5.212365, 5.245304, 5.230295 ] }, { "date": "2024-08-16", "close": 5.265487, "volume": 111421, "typical_volume": 78836.25, "trend": 5.18908, "fair_value": 4.508867, "relative_strength": -0.330195, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -6.289496, "energy": 15.686053, "activity_lines": [ 5.182411, 5.217985, 5.246358, 5.236274 ] }, { "date": "2024-08-23", "close": 5.354977, "volume": 48745, "typical_volume": 79791.0, "trend": 5.204348, "fair_value": 4.513466, "relative_strength": -0.315032, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 28.747221, "energy": 16.691268, "activity_lines": [ 5.237581, 5.24108, 5.256273, 5.246977 ] }, { "date": "2024-08-30", "close": 5.431958, "volume": 33314, "typical_volume": 77641.45, "trend": 5.222596, "fair_value": 4.518685, "relative_strength": -0.334561, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 63.617088, "energy": 34.662103, "activity_lines": [ 5.309302, 5.274864, 5.272967, 5.261661 ] }, { "date": "2024-09-06", "close": 5.254902, "volume": 60536, "typical_volume": 78777.7, "trend": 5.235069, "fair_value": 4.523102, "relative_strength": -0.38345, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 43.400318, "energy": 30.271458, "activity_lines": [ 5.312702, 5.272607, 5.271561, 5.263745 ] }, { "date": "2024-09-13", "close": 5.365561, "volume": 83980, "typical_volume": 77904.0, "trend": 5.249257, "fair_value": 4.528442, "relative_strength": -0.435434, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 53.858803, "energy": 37.550748, "activity_lines": [ 5.341249, 5.290225, 5.280022, 5.272164 ] }, { "date": "2024-09-20", "close": 5.380601, "volume": 111344, "typical_volume": 81820.95, "trend": 5.261047, "fair_value": 4.533814, "relative_strength": -0.256377, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 56.249188, "energy": 49.209661, "activity_lines": [ 5.35659, 5.309546, 5.289277, 5.280638 ] }, { "date": "2024-09-27", "close": 5.595357, "volume": 251863, "typical_volume": 85576.8, "trend": 5.276938, "fair_value": 4.541201, "relative_strength": -0.280077, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 76.188956, "energy": 62.650755, "activity_lines": [ 5.435842, 5.368059, 5.31806, 5.302206 ] }, { "date": "2024-10-04", "close": 5.49286, "volume": 217704, "typical_volume": 93568.75, "trend": 5.288712, "fair_value": 4.547893, "relative_strength": -0.289693, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 62.936372, "energy": 63.378951, "activity_lines": [ 5.464904, 5.401082, 5.336145, 5.316137 ] }, { "date": "2024-10-11", "close": 5.565096, "volume": 24822, "typical_volume": 92561.2, "trend": 5.301556, "fair_value": 4.554331, "relative_strength": -0.286651, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 68.675962, "energy": 69.885508, "activity_lines": [ 5.513984, 5.443594, 5.360555, 5.333968 ] }, { "date": "2024-10-18", "close": 5.645141, "volume": 47663, "typical_volume": 92354.85, "trend": 5.31468, "fair_value": 4.56137, "relative_strength": -0.299229, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 77.572291, "energy": 79.203105, "activity_lines": [ 5.569066, 5.491818, 5.391664, 5.356135 ] }, { "date": "2024-10-25", "close": 5.590477, "volume": 326068, "typical_volume": 106552.8, "trend": 5.323147, "fair_value": 4.567804, "relative_strength": -0.270006, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.92344, "energy": 72.114264, "activity_lines": [ 5.587288, 5.520051, 5.416006, 5.373928 ] }, { "date": "2024-11-01", "close": 5.533859, "volume": 31256, "typical_volume": 102761.7, "trend": 5.332975, "fair_value": 4.573172, "relative_strength": -0.200456, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.186089, "energy": 64.904767, "activity_lines": [ 5.572645, 5.532081, 5.433724, 5.387523 ] }, { "date": "2024-11-08", "close": 5.515312, "volume": 57980, "typical_volume": 100242.5, "trend": 5.344415, "fair_value": 4.578329, "relative_strength": -0.318953, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 59.629899, "energy": 45.410362, "activity_lines": [ 5.55592, 5.537487, 5.447957, 5.399286 ] }, { "date": "2024-11-15", "close": 5.515312, "volume": 365643, "typical_volume": 110927.35, "trend": 5.357797, "fair_value": 4.583365, "relative_strength": -0.282987, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 45.192943, "energy": 31.836023, "activity_lines": [ 5.537699, 5.541377, 5.460785, 5.410312 ] }, { "date": "2024-11-22", "close": 5.550454, "volume": 318183, "typical_volume": 124626.25, "trend": 5.368433, "fair_value": 4.590333, "relative_strength": -0.216603, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 43.374979, "energy": 27.423736, "activity_lines": [ 5.53451, 5.546922, 5.475656, 5.422741 ] }, { "date": "2024-11-29", "close": 5.633427, "volume": 150697, "typical_volume": 129384.35, "trend": 5.383332, "fair_value": 4.598025, "relative_strength": -0.281968, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 64.603192, "energy": 37.807753, "activity_lines": [ 5.565291, 5.564191, 5.497278, 5.439838 ] }, { "date": "2024-12-06", "close": 5.855016, "volume": 1586967, "typical_volume": 207098.6, "trend": 5.398547, "fair_value": 4.60627, "relative_strength": -0.202819, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 82.968443, "energy": 65.923595, "activity_lines": [ 5.667072, 5.617152, 5.538839, 5.470269 ] }, { "date": "2024-12-13", "close": 5.859896, "volume": 77530, "typical_volume": 209258.05, "trend": 5.414656, "fair_value": 4.614726, "relative_strength": -0.211581, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 81.35912, "energy": 84.247446, "activity_lines": [ 5.74907, 5.66628, 5.577832, 5.500033 ] }, { "date": "2024-12-20", "close": 5.71933, "volume": 91445, "typical_volume": 209151.7, "trend": 5.426272, "fair_value": 4.621858, "relative_strength": -0.043783, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.956823, "energy": 76.788381, "activity_lines": [ 5.761239, 5.683176, 5.600736, 5.51969 ] }, { "date": "2024-12-27", "close": 5.734948, "volume": 77049, "typical_volume": 203710.5, "trend": 5.440191, "fair_value": 4.628875, "relative_strength": -0.258098, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.29236, "energy": 77.960447, "activity_lines": [ 5.765014, 5.700108, 5.622077, 5.539604 ] }, { "date": "2025-01-03", "close": 5.715425, "volume": 72415, "typical_volume": 201760.2, "trend": 5.452982, "fair_value": 4.635628, "relative_strength": -0.195579, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 60.769762, "energy": 59.153734, "activity_lines": [ 5.749981, 5.711857, 5.638499, 5.557361 ] }, { "date": "2025-01-10", "close": 5.80328, "volume": 540668, "typical_volume": 226356.35, "trend": 5.473989, "fair_value": 4.64306, "relative_strength": -0.198672, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.544879, "energy": 48.704619, "activity_lines": [ 5.758767, 5.737309, 5.661145, 5.579961 ] }, { "date": "2025-01-17", "close": 6.00144, "volume": 303013, "typical_volume": 239841.3, "trend": 5.500028, "fair_value": 4.652296, "relative_strength": -0.1809, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 82.812745, "energy": 59.890226, "activity_lines": [ 5.837055, 5.793891, 5.700529, 5.61399 ] }, { "date": "2025-01-24", "close": 6.141031, "volume": 171156, "typical_volume": 245372.3, "trend": 5.530015, "fair_value": 4.66296, "relative_strength": -0.194586, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 86.63616, "energy": 80.542989, "activity_lines": [ 5.952437, 5.867014, 5.750495, 5.655345 ] }, { "date": "2025-01-31", "close": 6.239624, "volume": 114054, "typical_volume": 246876.0, "trend": 5.561043, "fair_value": 4.674587, "relative_strength": -0.154664, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 87.971939, "energy": 93.785392, "activity_lines": [ 6.07257, 5.946686, 5.805632, 5.701127 ] }, { "date": "2025-02-07", "close": 6.250361, "volume": 273552, "typical_volume": 254986.4, "trend": 5.589766, "fair_value": 4.685743, "relative_strength": -0.225354, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 81.185514, "energy": 92.539315, "activity_lines": [ 6.162637, 6.015781, 5.857628, 5.745599 ] }, { "date": "2025-02-14", "close": 6.455355, "volume": 268431, "typical_volume": 255814.8, "trend": 5.631, "fair_value": 4.698918, "relative_strength": -0.265563, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 90.863962, "energy": 96.236466, "activity_lines": [ 6.285373, 6.11093, 5.925007, 5.801443 ] }, { "date": "2025-02-21", "close": 6.393857, "volume": 174599, "typical_volume": 253659.55, "trend": 5.667714, "fair_value": 4.712615, "relative_strength": -0.203276, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 77.028397, "energy": 90.960804, "activity_lines": [ 6.344138, 6.183982, 5.982433, 5.85066 ] }, { "date": "2025-02-28", "close": 6.47195, "volume": 250737, "typical_volume": 264955.3, "trend": 5.714152, "fair_value": 4.729594, "relative_strength": -0.155461, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 79.500881, "energy": 89.133991, "activity_lines": [ 6.402773, 6.261525, 6.043006, 5.902546 ] }, { "date": "2025-03-07", "close": 6.601779, "volume": 853120, "typical_volume": 305228.15, "trend": 5.764469, "fair_value": 4.746369, "relative_strength": -0.167093, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 85.019279, "energy": 86.831253, "activity_lines": [ 6.482622, 6.348989, 6.111626, 5.959812 ] }, { "date": "2025-03-14", "close": 6.599827, "volume": 855728, "typical_volume": 331711.15, "trend": 5.808947, "fair_value": 4.761648, "relative_strength": -0.089425, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 77.209114, "energy": 70.435833, "activity_lines": [ 6.537678, 6.420338, 6.175504, 6.013706 ] }, { "date": "2025-03-21", "close": 6.560781, "volume": 719170, "typical_volume": 366106.85, "trend": 5.849141, "fair_value": 4.776928, "relative_strength": -0.255419, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 69.485573, "energy": 67.351164, "activity_lines": [ 6.55642, 6.468507, 6.230857, 6.062212 ] }, { "date": "2025-03-28", "close": 6.449498, "volume": 1643852, "typical_volume": 445400.45, "trend": 5.883059, "fair_value": 4.791249, "relative_strength": -0.059836, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.296193, "energy": 63.517793, "activity_lines": [ 6.53104, 6.48267, 6.270721, 6.100944 ] }, { "date": "2025-04-04", "close": 5.922371, "volume": 458039, "typical_volume": 450020.25, "trend": 5.905308, "fair_value": 4.802477, "relative_strength": -0.128411, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 27.682517, "energy": 26.087185, "activity_lines": [ 6.326242, 6.392845, 6.255935, 6.103481 ] }, { "date": "2025-04-11", "close": 5.838421, "volume": 891563, "typical_volume": 478689.25, "trend": 5.92107, "fair_value": 4.813379, "relative_strength": -0.238182, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 7.032663, "energy": 18.884534, "activity_lines": [ 6.130098, 6.291733, 6.231215, 6.099165 ] }, { "date": "2025-04-18", "close": 6.079534, "volume": 295561, "typical_volume": 485932.45, "trend": 5.944367, "fair_value": 4.825882, "relative_strength": -0.182008, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 18.507751, "energy": 27.698618, "activity_lines": [ 6.065216, 6.241753, 6.228086, 6.109389 ] }, { "date": "2025-04-25", "close": 6.378238, "volume": 186731, "typical_volume": 415920.65, "trend": 5.970463, "fair_value": 4.840364, "relative_strength": -0.149512, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 21.242876, "energy": 25.06492, "activity_lines": [ 6.134589, 6.24919, 6.251282, 6.137381 ] }, { "date": "2025-05-02", "close": 6.61447, "volume": 246569, "typical_volume": 424372.6, "trend": 6.00785, "fair_value": 4.857244, "relative_strength": -0.227036, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 51.449561, "energy": 21.897869, "activity_lines": [ 6.294874, 6.30098, 6.294484, 6.178929 ] }, { "date": "2025-05-09", "close": 6.722823, "volume": 816145, "typical_volume": 460607.6, "trend": 6.046441, "fair_value": 4.874157, "relative_strength": -0.363513, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 69.590452, "energy": 53.75624, "activity_lines": [ 6.48028, 6.368459, 6.344412, 6.225057 ] }, { "date": "2025-05-16", "close": 6.798964, "volume": 101491, "typical_volume": 461829.7, "trend": 6.084902, "fair_value": 4.891672, "relative_strength": -0.362471, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 72.816507, "energy": 74.754186, "activity_lines": [ 6.637702, 6.445221, 6.396813, 6.273607 ] }, { "date": "2025-05-23", "close": 6.762846, "volume": 282214, "typical_volume": 472319.65, "trend": 6.123981, "fair_value": 4.908021, "relative_strength": -0.306175, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 67.454677, "energy": 76.476887, "activity_lines": [ 6.719049, 6.511831, 6.440708, 6.317345 ] }, { "date": "2025-05-30", "close": 6.861438, "volume": 450317, "typical_volume": 467802.1, "trend": 6.168234, "fair_value": 4.925017, "relative_strength": -0.393224, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 71.524121, "energy": 78.125177, "activity_lines": [ 6.787705, 6.593402, 6.489005, 6.364923 ] }, { "date": "2025-06-06", "close": 6.94734, "volume": 673817, "typical_volume": 486342.3, "trend": 6.215968, "fair_value": 4.943915, "relative_strength": -0.410272, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 73.857234, "energy": 77.817785, "activity_lines": [ 6.852783, 6.685126, 6.540444, 6.415188 ] }, { "date": "2025-06-13", "close": 6.724776, "volume": 1535986, "typical_volume": 554583.8, "trend": 6.256283, "fair_value": 4.962564, "relative_strength": -0.360215, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 62.765441, "energy": 52.978946, "activity_lines": [ 6.821481, 6.727331, 6.566182, 6.448014 ] }, { "date": "2025-06-20", "close": 6.678232, "volume": 193298, "typical_volume": 558546.0, "trend": 6.293876, "fair_value": 4.980903, "relative_strength": -0.338385, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 59.03663, "energy": 44.025725, "activity_lines": [ 6.774534, 6.746485, 6.584708, 6.475237 ] }, { "date": "2025-06-27", "close": 6.870157, "volume": 186854, "typical_volume": 554211.1, "trend": 6.3351, "fair_value": 5.001003, "relative_strength": -0.376011, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.69711, "energy": 42.922875, "activity_lines": [ 6.799611, 6.785266, 6.619423, 6.512416 ] }, { "date": "2025-07-04", "close": 6.801613, "volume": 194514, "typical_volume": 550515.25, "trend": 6.366653, "fair_value": 5.020352, "relative_strength": -0.341505, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 47.640325, "energy": 33.907694, "activity_lines": [ 6.794685, 6.797208, 6.644659, 6.542514 ] }, { "date": "2025-07-11", "close": 6.932827, "volume": 107724, "typical_volume": 547171.5, "trend": 6.402418, "fair_value": 5.040743, "relative_strength": -0.367677, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 68.685154, "energy": 46.01502, "activity_lines": [ 6.837487, 6.82531, 6.680743, 6.579041 ] }, { "date": "2025-07-18", "close": 6.942619, "volume": 153153, "typical_volume": 542292.3, "trend": 6.443194, "fair_value": 5.060528, "relative_strength": -0.358505, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 67.29571, "energy": 60.253609, "activity_lines": [ 6.884519, 6.849404, 6.715193, 6.613893 ] }, { "date": "2025-07-25", "close": 6.922055, "volume": 277286, "typical_volume": 513500.6, "trend": 6.482764, "fair_value": 5.079733, "relative_strength": -0.348023, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.483689, "energy": 62.762905, "activity_lines": [ 6.910174, 6.865763, 6.745444, 6.644787 ] }, { "date": "2025-08-01", "close": 6.698795, "volume": 238113, "typical_volume": 482619.85, "trend": 6.515543, "fair_value": 5.097345, "relative_strength": -0.292867, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 58.066283, "energy": 39.933735, "activity_lines": [ 6.845155, 6.839291, 6.752906, 6.658724 ] }, { "date": "2025-08-08", "close": 6.905409, "volume": 134859, "typical_volume": 453404.3, "trend": 6.552281, "fair_value": 5.115857, "relative_strength": -0.341782, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 61.56708, "energy": 38.259154, "activity_lines": [ 6.86043, 6.85155, 6.779574, 6.683877 ] }, { "date": "2025-08-15", "close": 6.963182, "volume": 262112, "typical_volume": 384317.3, "trend": 6.584339, "fair_value": 5.135211, "relative_strength": -0.308201, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.138249, "energy": 37.99897, "activity_lines": [ 6.888044, 6.873514, 6.810104, 6.710387 ] }, { "date": "2025-08-22", "close": 6.96612, "volume": 119287, "typical_volume": 367379.7, "trend": 6.611842, "fair_value": 5.155675, "relative_strength": -0.271875, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.398521, "energy": 38.433892, "activity_lines": [ 6.914613, 6.895724, 6.838467, 6.735018 ] }, { "date": "2025-08-29", "close": 6.833927, "volume": 264597, "typical_volume": 336031.4, "trend": 6.631652, "fair_value": 5.175129, "relative_strength": -0.268634, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 54.487119, "energy": 36.810176, "activity_lines": [ 6.895552, 6.88951, 6.84927, 6.749346 ] }, { "date": "2025-09-05", "close": 6.745797, "volume": 489200, "typical_volume": 345713.35, "trend": 6.648167, "fair_value": 5.193933, "relative_strength": -0.273014, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 36.318038, "energy": 23.663094, "activity_lines": [ 6.852988, 6.864442, 6.84694, 6.75671 ] }, { "date": "2025-09-12", "close": 6.770278, "volume": 539122, "typical_volume": 363332.9, "trend": 6.658664, "fair_value": 5.213582, "relative_strength": -0.330032, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 32.167187, "energy": 15.962401, "activity_lines": [ 6.815452, 6.846086, 6.843768, 6.764588 ] }, { "date": "2025-09-19", "close": 6.754268, "volume": 260705, "typical_volume": 364039.7, "trend": 6.670678, "fair_value": 5.233959, "relative_strength": -0.307247, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 12.100953, "energy": 14.975144, "activity_lines": [ 6.781588, 6.82539, 6.837205, 6.770756 ] }, { "date": "2025-09-26", "close": 6.784066, "volume": 316058, "typical_volume": 339035.35, "trend": 6.681082, "fair_value": 5.254888, "relative_strength": -0.279056, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 11.019747, "energy": 15.954463, "activity_lines": [ 6.771584, 6.813357, 6.832814, 6.778071 ] }, { "date": "2025-10-03", "close": 6.962856, "volume": 448909, "typical_volume": 356406.25, "trend": 6.693118, "fair_value": 5.276629, "relative_strength": -0.323964, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 33.643349, "energy": 14.836199, "activity_lines": [ 6.833313, 6.836715, 6.845158, 6.79625 ] }, { "date": "2025-10-10", "close": 6.926105, "volume": 207804, "typical_volume": 352685.75, "trend": 6.703994, "fair_value": 5.297825, "relative_strength": -0.278063, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 41.054571, "energy": 23.620597, "activity_lines": [ 6.874197, 6.852648, 6.853223, 6.811282 ] }, { "date": "2025-10-17", "close": 6.808898, "volume": 336386, "typical_volume": 346989.2, "trend": 6.712264, "fair_value": 5.317739, "relative_strength": -0.267261, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 31.304557, "energy": 20.687763, "activity_lines": [ 6.863992, 6.843139, 6.849347, 6.81805 ] }, { "date": "2025-10-24", "close": 6.914185, "volume": 359194, "typical_volume": 331258.05, "trend": 6.727754, "fair_value": 5.33737, "relative_strength": -0.42019, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 40.362938, "energy": 27.355243, "activity_lines": [ 6.886307, 6.854527, 6.855749, 6.831077 ] }, { "date": "2025-10-31", "close": 6.849622, "volume": 112031, "typical_volume": 260060.3, "trend": 6.758662, "fair_value": 5.356211, "relative_strength": -0.180516, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 34.663208, "energy": 20.17069, "activity_lines": [ 6.876441, 6.855067, 6.85616, 6.838939 ] }, { "date": "2025-11-07", "close": 6.729436, "volume": 151620, "typical_volume": 257976.4, "trend": 6.788363, "fair_value": 5.372799, "relative_strength": -0.306068, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 2.299014, "energy": 4.865287, "activity_lines": [ 6.822142, 6.835874, 6.84453, 6.837054 ] }, { "date": "2025-11-14", "close": 6.819824, "volume": 238327, "typical_volume": 260550.05, "trend": 6.813039, "fair_value": 5.389604, "relative_strength": -0.254516, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 15.000214, "energy": 9.164643, "activity_lines": [ 6.813533, 6.835014, 6.841264, 6.839084 ] }, { "date": "2025-11-21", "close": 6.60329, "volume": 563356, "typical_volume": 278992.15, "trend": 6.820541, "fair_value": 5.404818, "relative_strength": -0.130998, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -39.940492, "energy": 36.507696, "activity_lines": [ 6.739832, 6.793439, 6.817616, 6.825551 ] }, { "date": "2025-11-28", "close": 6.814857, "volume": 116072, "typical_volume": 279409.55, "trend": 6.82722, "fair_value": 5.421411, "relative_strength": -0.144601, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -47.058415, "energy": 37.88153, "activity_lines": [ 6.750361, 6.793367, 6.815062, 6.825185 ] }, { "date": "2025-12-05", "close": 6.865515, "volume": 149703, "typical_volume": 279237.05, "trend": 6.831977, "fair_value": 5.438634, "relative_strength": -0.193403, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -37.405927, "energy": 23.985764, "activity_lines": [ 6.784397, 6.801403, 6.817894, 6.827655 ] }, { "date": "2025-12-12", "close": 6.907232, "volume": 200533, "typical_volume": 275399.4, "trend": 6.835585, "fair_value": 5.457023, "relative_strength": -0.233737, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -18.174148, "energy": 8.259324, "activity_lines": [ 6.83128, 6.815544, 6.825066, 6.832511 ] }, { "date": "2025-12-19", "close": 6.94001, "volume": 49891, "typical_volume": 265988.3, "trend": 6.841491, "fair_value": 5.475524, "relative_strength": -0.168211, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 17.538684, "energy": 17.16599, "activity_lines": [ 6.877235, 6.836655, 6.83543, 6.839248 ] }, { "date": "2025-12-26", "close": 6.953916, "volume": 19374, "typical_volume": 260214.05, "trend": 6.844574, "fair_value": 5.494143, "relative_strength": -0.171939, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 46.127353, "energy": 32.066433, "activity_lines": [ 6.919814, 6.860042, 6.845971, 6.846501 ] }, { "date": "2026-01-02", "close": 7.010533, "volume": 77507, "typical_volume": 250983.8, "trend": 6.84668, "fair_value": 5.511858, "relative_strength": -0.166829, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 64.106649, "energy": 55.788479, "activity_lines": [ 6.957889, 6.891087, 6.861672, 6.857208 ] }, { "date": "2026-01-09", "close": 7.215147, "volume": 289708, "typical_volume": 259504.85, "trend": 6.863026, "fair_value": 5.530008, "relative_strength": -0.181034, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 82.749933, "energy": 75.265652, "activity_lines": [ 7.051124, 6.957582, 6.896635, 6.88098 ] }, { "date": "2026-01-16", "close": 7.224087, "volume": 189362, "typical_volume": 255743.1, "trend": 6.881221, "fair_value": 5.548296, "relative_strength": -0.187273, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 80.361368, "energy": 81.028809, "activity_lines": [ 7.124031, 7.019057, 6.931263, 6.904274 ] }, { "date": "2026-01-23", "close": 7.108867, "volume": 255477, "typical_volume": 244056.95, "trend": 6.889178, "fair_value": 5.565643, "relative_strength": -0.205197, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.260595, "energy": 73.804515, "activity_lines": [ 7.137407, 7.050589, 6.953061, 6.918961 ] }, { "date": "2026-01-30", "close": 7.019472, "volume": 92183, "typical_volume": 221710.0, "trend": 6.89644, "fair_value": 5.58181, "relative_strength": 0.000271, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 60.937212, "energy": 63.693419, "activity_lines": [ 7.109728, 7.060612, 6.964615, 6.927367 ] }, { "date": "2026-02-06", "close": 7.06119, "volume": 739671, "typical_volume": 245658.3, "trend": 6.900719, "fair_value": 5.598565, "relative_strength": -0.140211, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 56.119246, "energy": 39.790154, "activity_lines": [ 7.091584, 7.070653, 6.978956, 6.937996 ] }, { "date": "2026-02-13", "close": 7.113833, "volume": 199642, "typical_volume": 239837.5, "trend": 6.906426, "fair_value": 5.615348, "relative_strength": -0.168635, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 57.175857, "energy": 34.082132, "activity_lines": [ 7.087611, 7.085787, 6.996849, 6.951746 ] }, { "date": "2026-02-20", "close": 7.212168, "volume": 132714, "typical_volume": 224027.75, "trend": 6.916096, "fair_value": 5.63328, "relative_strength": -0.165002, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 68.021083, "energy": 40.820768, "activity_lines": [ 7.12317, 7.114285, 7.022537, 6.971471 ] }, { "date": "2026-02-27", "close": 7.21614, "volume": 144039, "typical_volume": 220839.5, "trend": 6.933341, "fair_value": 5.650535, "relative_strength": -0.192495, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.410803, "energy": 49.239976, "activity_lines": [ 7.160848, 7.137961, 7.047416, 6.990829 ] }, { "date": "2026-03-06", "close": 6.736389, "volume": 433430, "typical_volume": 225691.7, "trend": 6.927707, "fair_value": 5.664994, "relative_strength": -0.131418, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 10.751035, "energy": 9.512546, "activity_lines": [ 7.031458, 7.069389, 7.025224, 6.978122 ] }, { "date": "2026-03-13", "close": 6.692685, "volume": 305507, "typical_volume": 223007.35, "trend": 6.91869, "fair_value": 5.680386, "relative_strength": -0.159813, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "mixed", "direction": -28.163068, "energy": 24.158456, "activity_lines": [ 6.906371, 6.996826, 6.999214, 6.962959 ] }, { "date": "2026-03-20", "close": 6.390729, "volume": 310328, "typical_volume": 232922.2, "trend": 6.899511, "fair_value": 5.693514, "relative_strength": -0.111636, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "mixed", "direction": -44.823688, "energy": 51.997591, "activity_lines": [ 6.7052, 6.87514, 6.945502, 6.928897 ] }, { "date": "2026-03-27", "close": 6.364904, "volume": 374329, "typical_volume": 244057.65, "trend": 6.883877, "fair_value": 5.705207, "relative_strength": -0.149327, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -51.513653, "energy": 67.341281, "activity_lines": [ 6.543627, 6.763749, 6.891515, 6.894407 ] }, { "date": "2026-04-03", "close": 6.602297, "volume": 528474, "typical_volume": 258565.0, "trend": 6.879093, "fair_value": 5.71849, "relative_strength": -0.289643, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -62.766346, "energy": 76.064117, "activity_lines": [ 6.51767, 6.711142, 6.861873, 6.87624 ] }, { "date": "2026-04-10", "close": 6.791019, "volume": 218162, "typical_volume": 241305.3, "trend": 6.879785, "fair_value": 5.732611, "relative_strength": -0.170627, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.461861, "energy": 66.695011, "activity_lines": [ 6.595543, 6.702058, 6.85124, 6.870558 ] }, { "date": "2026-04-17", "close": 7.051257, "volume": 382859, "typical_volume": 254644.65, "trend": 6.889684, "fair_value": 5.748264, "relative_strength": -0.106118, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -25.854949, "energy": 18.95858, "activity_lines": [ 6.756519, 6.744443, 6.864498, 6.881621 ] }, { "date": "2026-04-24", "close": 6.883393, "volume": 1041202, "typical_volume": 299219.6, "trend": 6.892995, "fair_value": 5.762803, "relative_strength": -0.157446, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -28.349627, "energy": 20.458593, "activity_lines": [ 6.837637, 6.756489, 6.860643, 6.881215 ] }, { "date": "2026-05-01", "close": 6.922131, "volume": 1426770, "typical_volume": 360531.45, "trend": 6.891638, "fair_value": 5.777558, "relative_strength": -0.260476, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -0.802206, "energy": 15.794207, "activity_lines": [ 6.898822, 6.779768, 6.860392, 6.883094 ] }, { "date": "2026-05-08", "close": 6.928091, "volume": 868795, "typical_volume": 401476.65, "trend": 6.891704, "fair_value": 5.792485, "relative_strength": -0.354692, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 1.741047, "energy": 15.700372, "activity_lines": [ 6.924846, 6.809404, 6.860638, 6.885446 ] }, { "date": "2026-05-15", "close": 6.819824, "volume": 138834, "typical_volume": 407449.65, "trend": 6.892068, "fair_value": 5.806028, "relative_strength": -0.313761, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -3.290297, "energy": 8.622086, "activity_lines": [ 6.893061, 6.824592, 6.85063, 6.880809 ] }, { "date": "2026-05-22", "close": 7.083042, "volume": 395997, "typical_volume": 423374.15, "trend": 6.897697, "fair_value": 5.821805, "relative_strength": -0.357392, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 21.399385, "energy": 16.373905, "activity_lines": [ 6.947096, 6.886121, 6.866328, 6.89313 ] }, { "date": "2026-05-29", "close": 7.143631, "volume": 121052, "typical_volume": 414941.35, "trend": 6.907497, "fair_value": 5.837839, "relative_strength": -0.361061, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 33.436074, "energy": 24.706943, "activity_lines": [ 7.019207, 6.951568, 6.887452, 6.908996 ] }, { "date": "2026-06-05", "close": 7.050264, "volume": 10287, "typical_volume": 405987.6, "trend": 6.918191, "fair_value": 5.853478, "relative_strength": -0.283183, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 26.586403, "energy": 30.006481, "activity_lines": [ 7.042847, 6.986351, 6.900024, 6.918207 ] }, { "date": "2026-06-12", "close": 7.008546, "volume": 6416, "typical_volume": 393534.55, "trend": 6.924482, "fair_value": 5.86808, "relative_strength": -0.365417, "stage": 3, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 16.969667, "energy": 34.637359, "activity_lines": [ 7.044039, 7.001088, 6.90945, 6.924037 ] }, { "date": "2026-06-19", "close": 7.109, "volume": 5019, "typical_volume": 389176.35, "trend": 6.941339, "fair_value": 5.884318, "relative_strength": -0.345212, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 21.86276, "energy": 38.585212, "activity_lines": [ 7.073352, 7.026702, 6.928922, 6.935941 ] }, { "date": "2026-06-26", "close": 7.017, "volume": 284987, "typical_volume": 366442.15, "trend": 6.948077, "fair_value": 5.899376, "relative_strength": -0.370892, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 16.599387, "energy": 22.176559, "activity_lines": [ 7.05272, 7.029808, 6.939205, 6.940822 ] }, { "date": "2026-07-03", "close": 7.336, "volume": 40810, "typical_volume": 358500.55, "trend": 6.96376, "fair_value": 5.917501, "relative_strength": -0.309604, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 76.063468, "energy": 57.282709, "activity_lines": [ 7.142824, 7.091537, 6.98008, 6.96585 ] }, { "date": "2026-07-10", "close": 7.128, "volume": 977540, "typical_volume": 400741.85, "trend": 6.971119, "fair_value": 5.933353, "relative_strength": -0.374138, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 55.894001, "energy": 51.102239, "activity_lines": [ 7.15077, 7.107218, 7.000087, 6.976446 ] }, { "date": "2026-07-17", "close": 7.059, "volume": 742624, "typical_volume": 430671.1, "trend": 6.975085, "fair_value": 5.948639, "relative_strength": -0.390016, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 53.150416, "energy": 41.820278, "activity_lines": [ 7.130533, 7.106611, 7.013923, 6.982116 ] }, { "date": "2026-07-24", "close": 7.135, "volume": 198389, "typical_volume": 418919.05, "trend": 6.981121, "fair_value": 5.963854, "relative_strength": -0.382279, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 55.289938, "energy": 46.631088, "activity_lines": [ 7.132267, 7.117441, 7.035746, 6.992433 ] }, { "date": "2026-07-31", "close": 7.288, "volume": 169420, "typical_volume": 412114.7, "trend": 6.99037, "fair_value": 5.981016, "relative_strength": -0.340591, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.021928, "energy": 43.286931, "activity_lines": [ 7.183267, 7.15036, 7.070242, 7.012231 ] }, { "date": "2026-08-07", "close": 7.487, "volume": 822975, "typical_volume": 437747.05, "trend": 6.999432, "fair_value": 5.999695, "relative_strength": -0.295367, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 82.497171, "energy": 71.845486, "activity_lines": [ 7.282533, 7.215734, 7.120856, 7.044272 ] } ], "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." } } }