{ "ticker": { "uuid": "156d6271-4b3c-40cf-aa05-bef71851c963", "symbol": "FCG", "name": "Fonterra Co-operative Group Limited", "exchange": "NZE", "country": "NZ", "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": "^NZ50", "stage": 2, "stage_name": "Advancing", "phase": "2b", "phase_label": "Stage 2B \u00b7 Advancing", "transition": "stage_2_healthy", "transition_label": "Stage 2 trend intact", "confidence": 70.995, "architecture_regime": "deceleration", "architecture_regime_label": "Deceleration", "architecture_modifier": "Momentum cooling", "architecture_gate": "up", "architecture_direction": 1.505, "architecture_energy": 36.532, "architecture_maturity": 38.677, "architecture_confidence": 51.601, "architecture_tenure": "Developing", "architecture": { "interpretation": { "headline": "The upward structure remains, but its energy is decelerating.", "body": "Trend remains positive, but Activity or price acceptance is losing strength. This can become a healthy recompression, a re-acceleration, or a Rotation Down." }, "scores": { "balance": 60.83, "rotation_up": 14.72, "upward_expansion": 52.27, "deceleration": 65.45, "rotation_down": 39.32, "downward_expansion": 43.94 }, "activity_lines": [ 4.247333, 4.269455, 4.322016, 4.271804 ], "activity_state": "Compressed", "activity_direction": "Expanding", "rotation_direction": "Weakening", "price_acceptance": -0.333333 }, "latest_close": 4.25, "trend_reference": 4.16274, "distance_from_trend": 0.020962, "trend_direction": "Improving", "fair_value": 2.545334, "distance_from_fair_value": 0.669722, "fair_value_direction": "Weakening", "relative_strength": 4.310212, "relative_strength_direction": "Weakening", "price_momentum": 0.130864, "excess_performance": 0.10259, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.020962, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.051285, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.669722, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.222538, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.043102, "read": "Leading" }, { "label": "Relative strength direction", "positive": false, "value": -0.166922, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.130864, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 3.557185, "read": "Demand-led" } ], "volume": { "latest": 396004, "relative_activity": 0.438562, "balance": 3.557185, "dry_up": 0.516363, "accumulation_observations": 1, "distribution_observations": 0 }, "risk": { "range_context": 0.01629, "annualized_volatility": 0.230989, "from_high_reference": -0.12731, "from_low_reference": 0.469321 }, "levels": { "trend_reference": 4.16274, "fair_value_reference": 2.545334, "structural_low": 3.745684, "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 13, "median_return": 0.048523, "positive_rate": 0.692308, "directional_follow_through": 0.692308, "median_excess_return": 0.045105, "regime_survival": 0.384615, "best_return": 0.111532, "worst_return": -0.049201, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 7, "median_return": 0.134057, "positive_rate": 0.857143, "directional_follow_through": 0.857143, "median_excess_return": 0.153218, "regime_survival": 0.285714, "best_return": 0.250969, "worst_return": -0.003195, "sufficient": true }, { "horizon": "Extended", "sample_count": 4, "median_return": 0.261028, "positive_rate": 1.0, "directional_follow_through": 1.0, "median_excess_return": 0.241493, "regime_survival": 0.0, "best_return": 0.449473, "worst_return": 0.130435, "sufficient": false }, { "horizon": "Full cycle", "sample_count": 2, "median_return": 0.427941, "positive_rate": 1.0, "directional_follow_through": 1.0, "median_excess_return": 0.409243, "regime_survival": 0.0, "best_return": 0.531307, "worst_return": 0.324574, "sufficient": false } ], "ledger": [ { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-04-05", "end": "2024-10-04", "tenure": "Extended", "return": 0.658334, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2024-10-11", "end": "2024-10-25", "tenure": "New", "return": 0.130982, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-11-01", "end": "2024-12-13", "tenure": "Developing", "return": 0.006945, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-12-20", "end": "2025-01-17", "tenure": "Developing", "return": 0.077647, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-01-24", "end": "2025-05-02", "tenure": "Established", "return": 0.055913, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-05-09", "end": "2025-05-30", "tenure": "New", "return": 0.021978, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-06-06", "end": "2025-07-11", "tenure": "Developing", "return": -0.026915, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-07-18", "end": "2025-08-08", "tenure": "New", "return": 0.061181, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-08-15", "end": "2025-12-19", "tenure": "Established", "return": 0.251151, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-12-26", "end": "2026-01-02", "tenure": "New", "return": 0.005068, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-01-09", "end": "2026-05-22", "tenure": "Established", "return": 0.154811, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-05-29", "end": "2026-06-12", "tenure": "New", "return": -0.006742, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-06-19", "end": "2026-06-26", "tenure": "New", "return": -0.022573, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-07-03", "end": "2026-08-07", "tenure": "Developing", "return": 0.009501, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 1.015553, "volume": 649934, "typical_volume": 1169680.4, "trend": 0.972342, "fair_value": 0.998702, "relative_strength": 11.378181, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 42.92147, "energy": 32.163407, "activity_lines": [ 1.045554, 1.052739, 1.038214, 1.013938 ] }, { "date": "2023-08-25", "close": 1.007493, "volume": 554435, "typical_volume": 1121210.1, "trend": 0.977768, "fair_value": 0.997995, "relative_strength": 11.35982, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 26.602708, "energy": 18.94936, "activity_lines": [ 1.032479, 1.043128, 1.037424, 1.016206 ] }, { "date": "2023-09-01", "close": 0.999433, "volume": 720608, "typical_volume": 1087716.9, "trend": 0.982925, "fair_value": 0.997164, "relative_strength": 9.426805, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 0.34308, "energy": 14.117119, "activity_lines": [ 1.017837, 1.033028, 1.035738, 1.017604 ] }, { "date": "2023-09-08", "close": 1.039733, "volume": 345219, "typical_volume": 1069481.2, "trend": 0.989426, "fair_value": 0.996573, "relative_strength": 15.126111, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 12.626075, "energy": 19.655697, "activity_lines": [ 1.021419, 1.03199, 1.037721, 1.021269 ] }, { "date": "2023-09-15", "close": 1.043763, "volume": 367738, "typical_volume": 1026936.75, "trend": 0.996169, "fair_value": 0.995917, "relative_strength": 15.082603, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 18.333219, "energy": 16.669025, "activity_lines": [ 1.027106, 1.032748, 1.039535, 1.024774 ] }, { "date": "2023-09-22", "close": 1.067943, "volume": 1666993, "typical_volume": 1061950.9, "trend": 1.00361, "fair_value": 0.99547, "relative_strength": 16.975096, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 49.483733, "energy": 26.445664, "activity_lines": [ 1.042688, 1.038463, 1.043126, 1.029405 ] }, { "date": "2023-09-29", "close": 1.100183, "volume": 1014393, "typical_volume": 1062543.15, "trend": 1.012558, "fair_value": 0.995174, "relative_strength": 20.752616, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 71.850108, "energy": 57.470307, "activity_lines": [ 1.065525, 1.049552, 1.049117, 1.035636 ] }, { "date": "2023-10-06", "close": 1.071607, "volume": 692109, "typical_volume": 1006829.7, "trend": 1.020446, "fair_value": 0.99464, "relative_strength": 17.243989, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 55.099852, "energy": 55.733816, "activity_lines": [ 1.072657, 1.054065, 1.051609, 1.039445 ] }, { "date": "2023-10-13", "close": 1.081132, "volume": 1057070, "typical_volume": 969586.45, "trend": 1.025294, "fair_value": 0.994057, "relative_strength": 18.065449, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 60.881591, "energy": 60.52797, "activity_lines": [ 1.078152, 1.060304, 1.054671, 1.04336 ] }, { "date": "2023-10-20", "close": 1.076369, "volume": 1081412, "typical_volume": 983158.05, "trend": 1.027926, "fair_value": 0.992892, "relative_strength": 19.894701, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 56.913641, "energy": 56.851571, "activity_lines": [ 1.0793, 1.065132, 1.05696, 1.046656 ] }, { "date": "2023-10-27", "close": 1.071607, "volume": 524747, "typical_volume": 963304.15, "trend": 1.029168, "fair_value": 0.991311, "relative_strength": 21.234097, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 53.564655, "energy": 36.351052, "activity_lines": [ 1.076687, 1.069002, 1.058516, 1.049474 ] }, { "date": "2023-11-03", "close": 1.047793, "volume": 605719, "typical_volume": 956678.2, "trend": 1.031406, "fair_value": 0.989963, "relative_strength": 14.277023, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 34.842438, "energy": 21.486512, "activity_lines": [ 1.065891, 1.067523, 1.057531, 1.050675 ] }, { "date": "2023-11-10", "close": 1.038268, "volume": 777401, "typical_volume": 896921.9, "trend": 1.033888, "fair_value": 0.98872, "relative_strength": 12.511237, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 19.139344, "energy": 12.028242, "activity_lines": [ 1.055414, 1.06358, 1.055702, 1.051118 ] }, { "date": "2023-11-17", "close": 0.966827, "volume": 832633, "typical_volume": 904176.15, "trend": 1.035331, "fair_value": 0.986779, "relative_strength": 4.143756, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "mixed", "direction": -42.202343, "energy": 36.550994, "activity_lines": [ 1.023345, 1.045941, 1.047339, 1.046792 ] }, { "date": "2023-11-24", "close": 1.028743, "volume": 1526048, "typical_volume": 924686.05, "trend": 1.038502, "fair_value": 0.985254, "relative_strength": 10.013113, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -27.618943, "energy": 32.211085, "activity_lines": [ 1.019535, 1.040886, 1.045498, 1.046366 ] }, { "date": "2023-12-01", "close": 1.081132, "volume": 740129, "typical_volume": 936019.75, "trend": 1.043643, "fair_value": 0.984157, "relative_strength": 13.428987, "stage": 2, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -3.561861, "energy": 14.464077, "activity_lines": [ 1.036363, 1.045628, 1.048865, 1.049117 ] }, { "date": "2023-12-08", "close": 1.081132, "volume": 831871, "typical_volume": 952666.6, "trend": 1.048448, "fair_value": 0.983096, "relative_strength": 11.607656, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 38.84524, "energy": 17.62315, "activity_lines": [ 1.052556, 1.050131, 1.052041, 1.051535 ] }, { "date": "2023-12-15", "close": 1.185912, "volume": 1191917, "typical_volume": 908908.2, "trend": 1.05462, "fair_value": 0.982615, "relative_strength": 20.997818, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 80.205805, "energy": 58.767353, "activity_lines": [ 1.101453, 1.074031, 1.064926, 1.060404 ] }, { "date": "2023-12-22", "close": 1.176386, "volume": 839549, "typical_volume": 902090.5, "trend": 1.060025, "fair_value": 0.982092, "relative_strength": 18.415551, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 80.082189, "energy": 82.160922, "activity_lines": [ 1.137332, 1.094121, 1.076357, 1.06826 ] }, { "date": "2023-12-29", "close": 1.185912, "volume": 78096, "typical_volume": 804901.05, "trend": 1.065637, "fair_value": 0.981629, "relative_strength": 17.278012, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 80.003516, "energy": 89.950874, "activity_lines": [ 1.162416, 1.114211, 1.0881, 1.076382 ] }, { "date": "2024-01-05", "close": 1.214488, "volume": 243485, "typical_volume": 784578.6, "trend": 1.072313, "fair_value": 0.981368, "relative_strength": 19.507268, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 84.846566, "energy": 94.225425, "activity_lines": [ 1.186547, 1.137505, 1.102018, 1.085985 ] }, { "date": "2024-01-12", "close": 1.185912, "volume": 341265, "typical_volume": 773920.1, "trend": 1.076469, "fair_value": 0.980887, "relative_strength": 14.937781, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.82044, "energy": 87.580081, "activity_lines": [ 1.192262, 1.153006, 1.112268, 1.093314 ] }, { "date": "2024-01-19", "close": 1.152573, "volume": 1334117, "typical_volume": 804595.55, "trend": 1.078395, "fair_value": 0.980027, "relative_strength": 12.86242, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.073053, "energy": 76.852485, "activity_lines": [ 1.179879, 1.159933, 1.118492, 1.098224 ] }, { "date": "2024-01-26", "close": 1.090657, "volume": 422131, "typical_volume": 808441.15, "trend": 1.078144, "fair_value": 0.978734, "relative_strength": 4.42323, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 42.660751, "energy": 37.196245, "activity_lines": [ 1.14908, 1.153525, 1.118091, 1.099015 ] }, { "date": "2024-02-02", "close": 1.043031, "volume": 740367, "typical_volume": 827072.6, "trend": 1.07709, "fair_value": 0.976988, "relative_strength": -1.000229, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 7.325409, "energy": 18.598052, "activity_lines": [ 1.108121, 1.136206, 1.112912, 1.09675 ] }, { "date": "2024-02-09", "close": 1.043031, "volume": 955046, "typical_volume": 791475.25, "trend": 1.077155, "fair_value": 0.975058, "relative_strength": -0.831324, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -19.350172, "energy": 33.180174, "activity_lines": [ 1.076687, 1.118628, 1.107735, 1.094552 ] }, { "date": "2024-02-16", "close": 1.109708, "volume": 353122, "typical_volume": 758411.7, "trend": 1.080002, "fair_value": 0.973428, "relative_strength": 6.170192, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -6.489482, "energy": 27.598438, "activity_lines": [ 1.07891, 1.113865, 1.109028, 1.096653 ] }, { "date": "2024-02-23", "close": 1.09542, "volume": 507910, "typical_volume": 749201.75, "trend": 1.080806, "fair_value": 0.971228, "relative_strength": 4.338079, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 2.407302, "energy": 22.654894, "activity_lines": [ 1.08145, 1.105985, 1.108915, 1.097647 ] }, { "date": "2024-03-01", "close": 1.085895, "volume": 797052, "typical_volume": 736200.85, "trend": 1.081965, "fair_value": 0.968728, "relative_strength": 2.720844, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 4.623789, "energy": 16.38795, "activity_lines": [ 1.084625, 1.098018, 1.107781, 1.097976 ] }, { "date": "2024-03-08", "close": 1.09542, "volume": 835696, "typical_volume": 723915.05, "trend": 1.082769, "fair_value": 0.966583, "relative_strength": 1.614711, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 10.454644, "energy": 8.062487, "activity_lines": [ 1.091292, 1.093429, 1.107531, 1.098844 ] }, { "date": "2024-03-15", "close": 1.081132, "volume": 603190, "typical_volume": 727837.2, "trend": 1.084954, "fair_value": 0.964237, "relative_strength": 1.364736, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 12.497592, "energy": 11.764958, "activity_lines": [ 1.089705, 1.087886, 1.10583, 1.098738 ] }, { "date": "2024-03-22", "close": 1.181149, "volume": 1418222, "typical_volume": 768462.35, "trend": 1.090743, "fair_value": 0.962643, "relative_strength": 8.498289, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 56.09011, "energy": 30.719773, "activity_lines": [ 1.118916, 1.102954, 1.113609, 1.104944 ] }, { "date": "2024-03-29", "close": 1.187154, "volume": 250449, "typical_volume": 742114.75, "trend": 1.097, "fair_value": 0.961199, "relative_strength": 7.657422, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 61.183349, "energy": 54.060362, "activity_lines": [ 1.145366, 1.1192, 1.121325, 1.111164 ] }, { "date": "2024-04-05", "close": 1.217594, "volume": 204764, "typical_volume": 710721.3, "trend": 1.102929, "fair_value": 0.960692, "relative_strength": 10.834503, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 77.783286, "energy": 78.006657, "activity_lines": [ 1.175848, 1.140352, 1.131231, 1.118944 ] }, { "date": "2024-04-12", "close": 1.202374, "volume": 448282, "typical_volume": 656833.0, "trend": 1.108216, "fair_value": 0.959847, "relative_strength": 9.737989, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 67.853522, "energy": 78.996299, "activity_lines": [ 1.192476, 1.156428, 1.138494, 1.12536 ] }, { "date": "2024-04-19", "close": 1.187154, "volume": 870699, "typical_volume": 663361.5, "trend": 1.11219, "fair_value": 0.958867, "relative_strength": 9.059819, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 62.606232, "energy": 76.728201, "activity_lines": [ 1.1969, 1.16684, 1.14348, 1.130453 ] }, { "date": "2024-04-26", "close": 1.207447, "volume": 958596, "typical_volume": 669697.75, "trend": 1.115765, "fair_value": 0.958091, "relative_strength": 10.275073, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 68.722461, "energy": 76.64162, "activity_lines": [ 1.201021, 1.178321, 1.149894, 1.136599 ] }, { "date": "2024-05-03", "close": 1.22774, "volume": 1101363, "typical_volume": 665170.05, "trend": 1.12097, "fair_value": 0.958632, "relative_strength": 10.310264, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 73.778506, "energy": 68.701402, "activity_lines": [ 1.210153, 1.191715, 1.157639, 1.143823 ] }, { "date": "2024-05-10", "close": 1.207447, "volume": 457263, "typical_volume": 646055.75, "trend": 1.12518, "fair_value": 0.959229, "relative_strength": 9.626991, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 61.746856, "energy": 50.490739, "activity_lines": [ 1.209815, 1.199014, 1.163252, 1.149402 ] }, { "date": "2024-05-17", "close": 1.466186, "volume": 2708351, "typical_volume": 777568.5, "trend": 1.138174, "fair_value": 0.96206, "relative_strength": 32.589153, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 94.9208, "energy": 91.484073, "activity_lines": [ 1.296399, 1.251145, 1.193359, 1.171402 ] }, { "date": "2024-05-24", "close": 1.521993, "volume": 2157226, "typical_volume": 873255.55, "trend": 1.153187, "fair_value": 0.965527, "relative_strength": 35.46228, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 95.158124, "energy": 97.55041, "activity_lines": [ 1.383998, 1.306683, 1.227446, 1.196165 ] }, { "date": "2024-05-31", "close": 1.390086, "volume": 1308347, "typical_volume": 921609.65, "trend": 1.164597, "fair_value": 0.96826, "relative_strength": 22.07218, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.655322, "energy": 86.985717, "activity_lines": [ 1.405306, 1.330221, 1.247507, 1.211449 ] }, { "date": "2024-06-07", "close": 1.532139, "volume": 868688, "typical_volume": 898338.2, "trend": 1.181059, "fair_value": 0.972348, "relative_strength": 33.532048, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 84.211153, "energy": 93.67877, "activity_lines": [ 1.461789, 1.375789, 1.280124, 1.235161 ] }, { "date": "2024-06-14", "close": 1.496625, "volume": 581328, "typical_volume": 906298.05, "trend": 1.198719, "fair_value": 0.976747, "relative_strength": 29.414193, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 69.525764, "energy": 84.601545, "activity_lines": [ 1.486141, 1.408627, 1.307551, 1.25552 ] }, { "date": "2024-06-21", "close": 1.481406, "volume": 308206, "typical_volume": 884690.0, "trend": 1.213808, "fair_value": 0.980232, "relative_strength": 29.244237, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.109391, "energy": 65.96187, "activity_lines": [ 1.486141, 1.433624, 1.331596, 1.273758 ] }, { "date": "2024-06-28", "close": 1.496625, "volume": 260870, "typical_volume": 849981.2, "trend": 1.227658, "fair_value": 0.982924, "relative_strength": 29.280195, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 67.9565, "energy": 66.477602, "activity_lines": [ 1.490199, 1.456316, 1.355002, 1.292004 ] }, { "date": "2024-07-05", "close": 1.496625, "volume": 405247, "typical_volume": 852587.45, "trend": 1.241507, "fair_value": 0.985746, "relative_strength": 27.509148, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.256892, "energy": 63.5711, "activity_lines": [ 1.495949, 1.47338, 1.376249, 1.309357 ] }, { "date": "2024-07-12", "close": 1.511845, "volume": 1221529, "typical_volume": 888268.4, "trend": 1.252372, "fair_value": 0.988851, "relative_strength": 24.284342, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 69.303853, "energy": 63.140883, "activity_lines": [ 1.499669, 1.487955, 1.397103, 1.326798 ] }, { "date": "2024-07-19", "close": 1.496625, "volume": 836754, "typical_volume": 890253.5, "trend": 1.263046, "fair_value": 0.992322, "relative_strength": 20.307694, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.376486, "energy": 58.024974, "activity_lines": [ 1.499669, 1.494596, 1.414524, 1.342556 ] }, { "date": "2024-07-26", "close": 1.491553, "volume": 504025, "typical_volume": 873669.95, "trend": 1.273234, "fair_value": 0.996596, "relative_strength": 18.963147, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 60.830931, "energy": 53.633361, "activity_lines": [ 1.497978, 1.495057, 1.429507, 1.357299 ] }, { "date": "2024-08-02", "close": 1.521993, "volume": 311112, "typical_volume": 859066.05, "trend": 1.283485, "fair_value": 1.000359, "relative_strength": 19.606429, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.847176, "energy": 54.310414, "activity_lines": [ 1.505758, 1.500592, 1.445502, 1.373348 ] }, { "date": "2024-08-09", "close": 1.511845, "volume": 391132, "typical_volume": 807711.55, "trend": 1.294349, "fair_value": 1.004132, "relative_strength": 20.097376, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.607264, "energy": 49.747322, "activity_lines": [ 1.508463, 1.504282, 1.458431, 1.388081 ] }, { "date": "2024-08-16", "close": 1.527065, "volume": 668522, "typical_volume": 828615.2, "trend": 1.306832, "fair_value": 1.008336, "relative_strength": 15.985332, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.299096, "energy": 63.600444, "activity_lines": [ 1.515228, 1.508525, 1.471235, 1.403095 ] }, { "date": "2024-08-23", "close": 1.699558, "volume": 1651579, "typical_volume": 900955.95, "trend": 1.327129, "fair_value": 1.013517, "relative_strength": 29.96951, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 93.889057, "energy": 93.846309, "activity_lines": [ 1.578475, 1.544222, 1.498848, 1.428432 ] }, { "date": "2024-08-30", "close": 1.801024, "volume": 1461065, "typical_volume": 951595.1, "trend": 1.352395, "fair_value": 1.019329, "relative_strength": 37.173627, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 97.651133, "energy": 98.812337, "activity_lines": [ 1.662015, 1.594679, 1.53383, 1.459006 ] }, { "date": "2024-09-06", "close": 1.735072, "volume": 606330, "typical_volume": 938376.65, "trend": 1.375463, "fair_value": 1.024681, "relative_strength": 29.310696, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 85.68262, "energy": 94.942478, "activity_lines": [ 1.70294, 1.627333, 1.55968, 1.483694 ] }, { "date": "2024-09-13", "close": 1.760438, "volume": 444663, "typical_volume": 912680.0, "trend": 1.397154, "fair_value": 1.030177, "relative_strength": 27.936433, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 81.577165, "energy": 93.537251, "activity_lines": [ 1.738115, 1.660263, 1.585336, 1.508531 ] }, { "date": "2024-09-20", "close": 1.775658, "volume": 686140, "typical_volume": 891918.85, "trend": 1.419829, "fair_value": 1.035196, "relative_strength": 31.562005, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 77.417593, "energy": 92.06693, "activity_lines": [ 1.761791, 1.691164, 1.609809, 1.532951 ] }, { "date": "2024-09-27", "close": 1.94815, "volume": 1500533, "typical_volume": 944082.35, "trend": 1.448571, "fair_value": 1.041152, "relative_strength": 43.085834, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 98.188354, "energy": 97.661381, "activity_lines": [ 1.826391, 1.748631, 1.6481, 1.567036 ] }, { "date": "2024-10-04", "close": 2.019177, "volume": 1197613, "typical_volume": 868545.45, "trend": 1.479363, "fair_value": 1.047582, "relative_strength": 44.735784, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 96.809336, "energy": 78.710978, "activity_lines": [ 1.898094, 1.810802, 1.689629, 1.60385 ] }, { "date": "2024-10-11", "close": 2.239143, "volume": 1063437, "typical_volume": 813856.0, "trend": 1.517963, "fair_value": 1.055694, "relative_strength": 55.56284, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 98.895913, "energy": 79.49658, "activity_lines": [ 2.028575, 1.903374, 1.749473, 1.652868 ] }, { "date": "2024-10-18", "close": 2.256063, "volume": 1339192, "typical_volume": 815398.25, "trend": 1.553793, "fair_value": 1.064147, "relative_strength": 54.929608, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 94.45408, "energy": 78.016475, "activity_lines": [ 2.131092, 1.985983, 1.807514, 1.700487 ] }, { "date": "2024-10-25", "close": 2.532431, "volume": 1015383, "typical_volume": 822733.0, "trend": 1.598636, "fair_value": 1.0741, "relative_strength": 71.747879, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 98.416487, "energy": 91.244639, "activity_lines": [ 2.292689, 2.10531, 1.887752, 1.763625 ] }, { "date": "2024-11-01", "close": 2.436549, "volume": 512151, "typical_volume": 819274.15, "trend": 1.639268, "fair_value": 1.083516, "relative_strength": 65.291999, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 83.138034, "energy": 91.402657, "activity_lines": [ 2.371875, 2.188924, 1.954096, 1.817684 ] }, { "date": "2024-11-08", "close": 2.391427, "volume": 696086, "typical_volume": 838668.15, "trend": 1.678903, "fair_value": 1.092643, "relative_strength": 57.128144, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 68.611534, "energy": 73.713314, "activity_lines": [ 2.40346, 2.250934, 2.011666, 1.86621 ] }, { "date": "2024-11-15", "close": 2.695996, "volume": 2311917, "typical_volume": 941220.5, "trend": 1.729198, "fair_value": 1.103819, "relative_strength": 74.778602, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 91.74319, "energy": 76.86689, "activity_lines": [ 2.511751, 2.357586, 2.093909, 1.931829 ] }, { "date": "2024-11-22", "close": 2.521151, "volume": 1408723, "typical_volume": 991394.3, "trend": 1.772988, "fair_value": 1.113894, "relative_strength": 56.456682, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.990949, "energy": 67.777687, "activity_lines": [ 2.531303, 2.414976, 2.153789, 1.982923 ] }, { "date": "2024-11-29", "close": 2.538072, "volume": 941471, "typical_volume": 977391.4, "trend": 1.816666, "fair_value": 1.124077, "relative_strength": 54.81653, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.551828, "energy": 67.056277, "activity_lines": [ 2.538824, 2.461612, 2.210401, 2.032283 ] }, { "date": "2024-12-06", "close": 2.47039, "volume": 885179, "typical_volume": 979812.65, "trend": 1.858764, "fair_value": 1.133846, "relative_strength": 51.421929, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 63.915441, "energy": 65.913563, "activity_lines": [ 2.523407, 2.48208, 2.255681, 2.074459 ] }, { "date": "2024-12-13", "close": 2.45347, "volume": 563665, "typical_volume": 982794.65, "trend": 1.891673, "fair_value": 1.143738, "relative_strength": 49.019119, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 60.821467, "energy": 61.30562, "activity_lines": [ 2.500095, 2.489977, 2.294713, 2.112827 ] }, { "date": "2024-12-20", "close": 2.397067, "volume": 1267283, "typical_volume": 1030603.2, "trend": 1.920842, "fair_value": 1.153464, "relative_strength": 42.110524, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 49.03479, "energy": 51.968764, "activity_lines": [ 2.453845, 2.479722, 2.323792, 2.145433 ] }, { "date": "2024-12-27", "close": 2.385787, "volume": 252259, "typical_volume": 1023659.55, "trend": 1.954032, "fair_value": 1.163, "relative_strength": 36.611621, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 44.680943, "energy": 44.252139, "activity_lines": [ 2.423764, 2.464544, 2.347631, 2.17543 ] }, { "date": "2025-01-03", "close": 2.374507, "volume": 243023, "typical_volume": 1002384.6, "trend": 1.982111, "fair_value": 1.172445, "relative_strength": 35.846624, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 41.873036, "energy": 37.051345, "activity_lines": [ 2.398948, 2.444958, 2.366233, 2.202557 ] }, { "date": "2025-01-10", "close": 2.464749, "volume": 394428, "typical_volume": 939527.05, "trend": 2.014382, "fair_value": 1.182468, "relative_strength": 41.040796, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 47.972236, "energy": 39.674916, "activity_lines": [ 2.415116, 2.44465, 2.389394, 2.233695 ] }, { "date": "2025-01-17", "close": 2.583193, "volume": 1037593, "typical_volume": 918353.45, "trend": 2.051108, "fair_value": 1.193328, "relative_strength": 43.189071, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 77.448087, "energy": 56.180735, "activity_lines": [ 2.471142, 2.465365, 2.420192, 2.270392 ] }, { "date": "2025-01-24", "close": 2.538072, "volume": 1154508, "typical_volume": 945762.35, "trend": 2.085823, "fair_value": 1.20388, "relative_strength": 39.813942, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 70.252796, "energy": 61.731366, "activity_lines": [ 2.503479, 2.474389, 2.442968, 2.301809 ] }, { "date": "2025-01-31", "close": 2.509871, "volume": 695822, "typical_volume": 958320.3, "trend": 2.119598, "fair_value": 1.214134, "relative_strength": 36.583957, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 62.746222, "energy": 63.162991, "activity_lines": [ 2.517015, 2.481157, 2.459234, 2.329167 ] }, { "date": "2025-02-07", "close": 2.526791, "volume": 291004, "typical_volume": 938563.5, "trend": 2.15343, "fair_value": 1.224439, "relative_strength": 36.490756, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 62.718074, "energy": 63.212515, "activity_lines": [ 2.527919, 2.491207, 2.473543, 2.355438 ] }, { "date": "2025-02-14", "close": 2.521151, "volume": 366915, "typical_volume": 881882.6, "trend": 2.18758, "fair_value": 1.234494, "relative_strength": 33.494741, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.849452, "energy": 82.92725, "activity_lines": [ 2.526791, 2.500436, 2.483738, 2.379162 ] }, { "date": "2025-02-21", "close": 2.650875, "volume": 644248, "typical_volume": 854214.35, "trend": 2.226224, "fair_value": 1.245478, "relative_strength": 40.836737, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 90.397061, "energy": 93.423871, "activity_lines": [ 2.565144, 2.532329, 2.503559, 2.409052 ] }, { "date": "2025-02-28", "close": 2.650875, "volume": 629194, "typical_volume": 832502.2, "trend": 2.263854, "fair_value": 1.256655, "relative_strength": 40.369799, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 84.131978, "energy": 92.108003, "activity_lines": [ 2.598985, 2.560632, 2.520372, 2.436449 ] }, { "date": "2025-03-07", "close": 2.650875, "volume": 702417, "typical_volume": 800663.45, "trend": 2.301822, "fair_value": 1.267852, "relative_strength": 40.455099, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 76.989021, "energy": 91.005416, "activity_lines": [ 2.625306, 2.584321, 2.535225, 2.461418 ] }, { "date": "2025-03-14", "close": 2.718557, "volume": 1878519, "typical_volume": 843820.25, "trend": 2.341538, "fair_value": 1.279503, "relative_strength": 43.260697, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 86.407399, "energy": 91.828648, "activity_lines": [ 2.664787, 2.615496, 2.554643, 2.488304 ] }, { "date": "2025-03-21", "close": 2.808799, "volume": 1008183, "typical_volume": 868621.85, "trend": 2.378513, "fair_value": 1.291633, "relative_strength": 47.439669, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 93.392983, "energy": 94.158938, "activity_lines": [ 2.721565, 2.656823, 2.581769, 2.51845 ] }, { "date": "2025-03-28", "close": 2.768529, "volume": 820758, "typical_volume": 874855.45, "trend": 2.410763, "fair_value": 1.303505, "relative_strength": 41.073775, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 78.236617, "energy": 83.99503, "activity_lines": [ 2.745742, 2.684572, 2.603288, 2.543612 ] }, { "date": "2025-04-04", "close": 2.733111, "volume": 610343, "typical_volume": 789776.75, "trend": 2.444031, "fair_value": 1.31515, "relative_strength": 37.947616, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 68.116228, "energy": 67.965892, "activity_lines": [ 2.75027, 2.702513, 2.619638, 2.564409 ] }, { "date": "2025-04-11", "close": 2.721305, "volume": 906074, "typical_volume": 764644.3, "trend": 2.47606, "fair_value": 1.326758, "relative_strength": 37.65531, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.541024, "energy": 66.9413, "activity_lines": [ 2.745381, 2.71476, 2.634686, 2.582297 ] }, { "date": "2025-04-18", "close": 2.721305, "volume": 937099, "typical_volume": 764425.7, "trend": 2.507581, "fair_value": 1.338446, "relative_strength": 34.571432, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 64.161115, "energy": 63.961026, "activity_lines": [ 2.735796, 2.723163, 2.648782, 2.59812 ] }, { "date": "2025-04-25", "close": 2.703596, "volume": 532763, "typical_volume": 746804.9, "trend": 2.532763, "fair_value": 1.350454, "relative_strength": 32.941296, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 51.374287, "energy": 54.244799, "activity_lines": [ 2.720124, 2.72481, 2.660318, 2.610766 ] }, { "date": "2025-05-02", "close": 2.679984, "volume": 538584, "typical_volume": 745550.85, "trend": 2.55479, "fair_value": 1.362724, "relative_strength": 26.815094, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 46.2309, "energy": 43.004022, "activity_lines": [ 2.703596, 2.718847, 2.668495, 2.620264 ] }, { "date": "2025-05-09", "close": 2.685887, "volume": 1451673, "typical_volume": 754770.35, "trend": 2.569681, "fair_value": 1.375171, "relative_strength": 22.779549, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 41.644633, "energy": 34.506929, "activity_lines": [ 2.694938, 2.713428, 2.676156, 2.628722 ] }, { "date": "2025-05-16", "close": 2.715402, "volume": 1732862, "typical_volume": 828800.5, "trend": 2.584992, "fair_value": 1.388043, "relative_strength": 21.195745, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 42.633517, "energy": 31.447919, "activity_lines": [ 2.699267, 2.712738, 2.685252, 2.638123 ] }, { "date": "2025-05-23", "close": 2.75082, "volume": 844351, "typical_volume": 858866.9, "trend": 2.592272, "fair_value": 1.401181, "relative_strength": 23.42278, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 59.575957, "energy": 41.329471, "activity_lines": [ 2.715796, 2.717315, 2.696152, 2.648822 ] }, { "date": "2025-05-30", "close": 2.744918, "volume": 1595062, "typical_volume": 918898.6, "trend": 2.602551, "fair_value": 1.413454, "relative_strength": 23.524524, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 64.115658, "energy": 46.52191, "activity_lines": [ 2.728389, 2.720232, 2.704698, 2.65867 ] }, { "date": "2025-06-06", "close": 2.851173, "volume": 771350, "typical_volume": 905586.45, "trend": 2.617876, "fair_value": 1.42627, "relative_strength": 25.511328, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 85.483519, "energy": 63.075638, "activity_lines": [ 2.773646, 2.74363, 2.722029, 2.67471 ] }, { "date": "2025-06-13", "close": 2.833464, "volume": 1169924, "typical_volume": 906357.25, "trend": 2.622458, "fair_value": 1.439208, "relative_strength": 23.528849, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 79.025753, "energy": 84.775009, "activity_lines": [ 2.801587, 2.762305, 2.736398, 2.688619 ] }, { "date": "2025-06-20", "close": 2.809851, "volume": 680027, "typical_volume": 905567.5, "trend": 2.632082, "fair_value": 1.451759, "relative_strength": 21.108612, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.866271, "energy": 84.881706, "activity_lines": [ 2.811819, 2.774862, 2.747111, 2.700709 ] }, { "date": "2025-06-27", "close": 2.792142, "volume": 1835798, "typical_volume": 982807.2, "trend": 2.640551, "fair_value": 1.463901, "relative_strength": 19.038522, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.577455, "energy": 83.573463, "activity_lines": [ 2.809851, 2.78259, 2.754709, 2.711035 ] }, { "date": "2025-07-04", "close": 2.798045, "volume": 600690, "typical_volume": 994495.95, "trend": 2.651472, "fair_value": 1.476199, "relative_strength": 16.471286, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 62.841598, "energy": 72.039002, "activity_lines": [ 2.807096, 2.790103, 2.761605, 2.721196 ] }, { "date": "2025-07-11", "close": 2.774433, "volume": 501397, "typical_volume": 987353.4, "trend": 2.662171, "fair_value": 1.488562, "relative_strength": 15.108934, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 57.420716, "energy": 46.60052, "activity_lines": [ 2.792929, 2.791605, 2.764934, 2.729129 ] }, { "date": "2025-07-18", "close": 2.798045, "volume": 584348, "typical_volume": 985111.1, "trend": 2.675537, "fair_value": 1.501195, "relative_strength": 13.24436, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 47.462036, "energy": 38.479776, "activity_lines": [ 2.791748, 2.795684, 2.769924, 2.737895 ] }, { "date": "2025-07-25", "close": 2.786239, "volume": 820005, "typical_volume": 990990.5, "trend": 2.688885, "fair_value": 1.513673, "relative_strength": 11.925814, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 42.891012, "energy": 33.455599, "activity_lines": [ 2.788994, 2.795577, 2.773089, 2.745037 ] }, { "date": "2025-08-01", "close": 2.82756, "volume": 887979, "typical_volume": 941463.5, "trend": 2.703987, "fair_value": 1.526377, "relative_strength": 13.566074, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 59.0683, "energy": 40.276991, "activity_lines": [ 2.801587, 2.801694, 2.779544, 2.753984 ] }, { "date": "2025-08-08", "close": 2.969233, "volume": 1201004, "typical_volume": 951104.55, "trend": 2.720803, "fair_value": 1.540088, "relative_strength": 16.948195, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 90.382524, "energy": 76.567451, "activity_lines": [ 2.859043, 2.832175, 2.798973, 2.771097 ] }, { "date": "2025-08-15", "close": 2.933815, "volume": 1360181, "typical_volume": 978075.7, "trend": 2.732491, "fair_value": 1.553571, "relative_strength": 13.958655, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 80.863698, "energy": 84.81703, "activity_lines": [ 2.893281, 2.852138, 2.814264, 2.784839 ] }, { "date": "2025-08-22", "close": 3.541829, "volume": 2153677, "typical_volume": 1055242.4, "trend": 2.765949, "fair_value": 1.57115, "relative_strength": 34.201789, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 98.276301, "energy": 98.945521, "activity_lines": [ 3.119564, 2.981147, 2.886675, 2.837055 ] }, { "date": "2025-08-29", "close": 3.459186, "volume": 1478899, "typical_volume": 1083883.65, "trend": 2.797593, "fair_value": 1.588139, "relative_strength": 30.680481, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 96.446146, "energy": 98.697096, "activity_lines": [ 3.268714, 3.08225, 2.947364, 2.88178 ] }, { "date": "2025-09-05", "close": 3.506411, "volume": 1312336, "typical_volume": 1102645.5, "trend": 2.830247, "fair_value": 1.605234, "relative_strength": 27.996821, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 93.604864, "energy": 97.750842, "activity_lines": [ 3.388743, 3.180133, 3.009037, 2.92751 ] }, { "date": "2025-09-12", "close": 3.459186, "volume": 1948906, "typical_volume": 1173452.65, "trend": 2.861515, "fair_value": 1.621789, "relative_strength": 24.791062, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 72.701167, "energy": 90.432512, "activity_lines": [ 3.447774, 3.256443, 3.062473, 2.968086 ] }, { "date": "2025-09-19", "close": 3.512314, "volume": 1023120, "typical_volume": 1197679.45, "trend": 2.89023, "fair_value": 1.638764, "relative_strength": 25.256094, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 74.613118, "energy": 90.974736, "activity_lines": [ 3.49185, 3.330393, 3.117372, 3.010074 ] }, { "date": "2025-09-26", "close": 3.65989, "volume": 2011761, "typical_volume": 1225683.85, "trend": 2.923863, "fair_value": 1.656706, "relative_strength": 30.261857, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 89.808671, "energy": 81.545377, "activity_lines": [ 3.546551, 3.417758, 3.182362, 3.059729 ] }, { "date": "2025-10-03", "close": 3.701911, "volume": 1774390, "typical_volume": 1227760.25, "trend": 2.958898, "fair_value": 1.674876, "relative_strength": 26.54077, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 85.983465, "energy": 74.593916, "activity_lines": [ 3.607389, 3.497093, 3.246715, 3.109926 ] }, { "date": "2025-10-10", "close": 3.714418, "volume": 1168330, "typical_volume": 1243959.2, "trend": 2.992093, "fair_value": 1.693105, "relative_strength": 26.271241, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 80.112956, "energy": 72.451379, "activity_lines": [ 3.656215, 3.562054, 3.307562, 3.158669 ] }, { "date": "2025-10-17", "close": 3.683151, "volume": 1305254, "typical_volume": 1229468.8, "trend": 3.021238, "fair_value": 1.7113, "relative_strength": 25.765028, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 70.047896, "energy": 68.742127, "activity_lines": [ 3.68075, 3.605205, 3.360843, 3.203253 ] }, { "date": "2025-10-24", "close": 3.670645, "volume": 1358319, "typical_volume": 1258817.25, "trend": 3.051309, "fair_value": 1.729352, "relative_strength": 23.562299, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 67.926195, "energy": 67.319228, "activity_lines": [ 3.686186, 3.633102, 3.408465, 3.24515 ] }, { "date": "2025-10-31", "close": 3.714418, "volume": 1501544, "typical_volume": 1275398.25, "trend": 3.084019, "fair_value": 1.747748, "relative_strength": 22.736474, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 70.727174, "energy": 67.118932, "activity_lines": [ 3.695658, 3.655561, 3.456353, 3.287932 ] }, { "date": "2025-11-07", "close": 3.714418, "volume": 802635, "typical_volume": 1281528.65, "trend": 3.117123, "fair_value": 1.766206, "relative_strength": 21.379844, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 69.378537, "energy": 65.678906, "activity_lines": [ 3.701494, 3.674882, 3.500047, 3.328603 ] }, { "date": "2025-11-14", "close": 3.708165, "volume": 805274, "typical_volume": 1230002.45, "trend": 3.150018, "fair_value": 1.784519, "relative_strength": 21.734169, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.109304, "energy": 63.92343, "activity_lines": [ 3.704413, 3.688425, 3.538838, 3.366734 ] }, { "date": "2025-11-21", "close": 3.695659, "volume": 850222, "typical_volume": 1242479.05, "trend": 3.183087, "fair_value": 1.802836, "relative_strength": 20.887494, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.436451, "energy": 84.76906, "activity_lines": [ 3.703579, 3.696027, 3.572075, 3.401937 ] }, { "date": "2025-11-28", "close": 3.651886, "volume": 994129, "typical_volume": 1267115.65, "trend": 3.215484, "fair_value": 1.820852, "relative_strength": 18.075552, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 55.364005, "energy": 77.838705, "activity_lines": [ 3.687321, 3.69137, 3.596869, 3.432182 ] }, { "date": "2025-12-05", "close": 3.645632, "volume": 961627, "typical_volume": 1285979.6, "trend": 3.247475, "fair_value": 1.838848, "relative_strength": 17.156785, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 53.732331, "energy": 62.079928, "activity_lines": [ 3.670229, 3.683038, 3.61689, 3.459933 ] }, { "date": "2025-12-12", "close": 3.720671, "volume": 1778187, "typical_volume": 1333888.7, "trend": 3.280984, "fair_value": 1.857346, "relative_strength": 19.40836, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.697669, "energy": 73.992324, "activity_lines": [ 3.682735, 3.688609, 3.64002, 3.490462 ] }, { "date": "2025-12-19", "close": 3.670645, "volume": 1198579, "typical_volume": 1349418.7, "trend": 3.311645, "fair_value": 1.875461, "relative_strength": 17.581212, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 50.853472, "energy": 53.861721, "activity_lines": [ 3.678149, 3.684744, 3.653937, 3.515602 ] }, { "date": "2025-12-26", "close": 3.701911, "volume": 638114, "typical_volume": 1321274.2, "trend": 3.343545, "fair_value": 1.893776, "relative_strength": 15.982273, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 58.145533, "energy": 58.761154, "activity_lines": [ 3.686487, 3.687358, 3.666817, 3.54078 ] }, { "date": "2026-01-02", "close": 3.720671, "volume": 90131, "typical_volume": 1257771.7, "trend": 3.372528, "fair_value": 1.912212, "relative_strength": 15.528471, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 74.649936, "energy": 68.255511, "activity_lines": [ 3.700661, 3.693043, 3.677994, 3.565111 ] }, { "date": "2026-01-09", "close": 3.75819, "volume": 554697, "typical_volume": 1177822.7, "trend": 3.403352, "fair_value": 1.930763, "relative_strength": 14.661493, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 82.857182, "energy": 71.207321, "activity_lines": [ 3.722755, 3.70464, 3.688998, 3.589992 ] }, { "date": "2026-01-16", "close": 3.77695, "volume": 740742, "typical_volume": 1140914.85, "trend": 3.435589, "fair_value": 1.949497, "relative_strength": 14.328257, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 84.310663, "energy": 85.426991, "activity_lines": [ 3.743599, 3.718852, 3.700758, 3.614095 ] }, { "date": "2026-01-23", "close": 3.73943, "volume": 705952, "typical_volume": 1110595.65, "trend": 3.467165, "fair_value": 1.968053, "relative_strength": 14.701881, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.801147, "energy": 66.04649, "activity_lines": [ 3.748185, 3.725105, 3.707431, 3.633698 ] }, { "date": "2026-01-30", "close": 3.726924, "volume": 1123253, "typical_volume": 1069313.0, "trend": 3.498128, "fair_value": 1.986528, "relative_strength": 13.769019, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.051067, "energy": 64.404336, "activity_lines": [ 3.744016, 3.728516, 3.711804, 3.650457 ] }, { "date": "2026-02-06", "close": 3.75819, "volume": 1836189, "typical_volume": 1109966.45, "trend": 3.53092, "fair_value": 2.005205, "relative_strength": 13.795062, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 68.818954, "energy": 60.498379, "activity_lines": [ 3.748602, 3.737043, 3.71788, 3.667235 ] }, { "date": "2026-02-13", "close": 3.783203, "volume": 1280736, "typical_volume": 1073415.2, "trend": 3.563758, "fair_value": 2.024062, "relative_strength": 15.846859, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 74.50702, "energy": 58.772081, "activity_lines": [ 3.759024, 3.748185, 3.725167, 3.683511 ] }, { "date": "2026-02-20", "close": 3.826976, "volume": 1509985, "typical_volume": 1060194.95, "trend": 3.59845, "fair_value": 2.043179, "relative_strength": 15.500314, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 81.859724, "energy": 62.670563, "activity_lines": [ 3.782369, 3.764784, 3.736036, 3.700493 ] }, { "date": "2026-02-27", "close": 3.851989, "volume": 2003854, "typical_volume": 1101971.15, "trend": 3.632597, "fair_value": 2.06254, "relative_strength": 12.134979, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 80.969687, "energy": 65.135693, "activity_lines": [ 3.810717, 3.783999, 3.748691, 3.71685 ] }, { "date": "2026-03-06", "close": 3.902015, "volume": 1843392, "typical_volume": 1128878.05, "trend": 3.66369, "fair_value": 2.0822, "relative_strength": 14.642974, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 87.071716, "energy": 82.605832, "activity_lines": [ 3.848237, 3.809012, 3.765456, 3.734232 ] }, { "date": "2026-03-13", "close": 3.927027, "volume": 967125, "typical_volume": 1109318.35, "trend": 3.696797, "fair_value": 2.101375, "relative_strength": 17.598517, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 87.605529, "energy": 94.051828, "activity_lines": [ 3.882421, 3.834934, 3.783561, 3.751222 ] }, { "date": "2026-03-20", "close": 3.889508, "volume": 780272, "typical_volume": 1073254.75, "trend": 3.708386, "fair_value": 2.119914, "relative_strength": 17.641009, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 68.046059, "energy": 87.487555, "activity_lines": [ 3.892843, 3.850283, 3.796871, 3.763655 ] }, { "date": "2026-03-27", "close": 4.106666, "volume": 3256337, "typical_volume": 1195939.85, "trend": 3.729969, "fair_value": 2.139609, "relative_strength": 23.87084, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 95.168322, "energy": 95.444241, "activity_lines": [ 3.968564, 3.902728, 3.830029, 3.78935 ] }, { "date": "2026-04-03", "close": 4.133333, "volume": 1663700, "typical_volume": 1238861.15, "trend": 3.750866, "fair_value": 2.159818, "relative_strength": 24.095088, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 90.914063, "energy": 93.540773, "activity_lines": [ 4.034528, 3.954026, 3.86386, 3.815373 ] }, { "date": "2026-04-10", "close": 4.12, "volume": 667596, "typical_volume": 1229729.85, "trend": 3.772894, "fair_value": 2.18005, "relative_strength": 20.301922, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 80.589273, "energy": 87.326963, "activity_lines": [ 4.077292, 3.995738, 3.894395, 3.839189 ] }, { "date": "2026-04-17", "close": 4.71, "volume": 3301559, "typical_volume": 1345101.35, "trend": 3.812816, "fair_value": 2.204322, "relative_strength": 39.023566, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 97.924669, "energy": 91.866533, "activity_lines": [ 4.302189, 4.137576, 3.979101, 3.899647 ] }, { "date": "2026-04-24", "close": 4.67, "volume": 958446, "typical_volume": 1344942.3, "trend": 3.846487, "fair_value": 2.228274, "relative_strength": 36.791479, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 93.665231, "energy": 97.292951, "activity_lines": [ 4.461555, 4.254836, 4.054958, 3.954949 ] }, { "date": "2026-05-01", "close": 4.45, "volume": 847765, "typical_volume": 1298421.2, "trend": 3.871423, "fair_value": 2.250858, "relative_strength": 27.559211, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.423921, "energy": 84.697788, "activity_lines": [ 4.495556, 4.315972, 4.104986, 3.993886 ] }, { "date": "2026-05-08", "close": 4.3, "volume": 1069750, "typical_volume": 1291979.75, "trend": 3.890942, "fair_value": 2.272415, "relative_strength": 21.002417, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.662854, "energy": 67.439436, "activity_lines": [ 4.456667, 4.338508, 4.137254, 4.021536 ] }, { "date": "2026-05-15", "close": 4.34, "volume": 857714, "typical_volume": 1302959.75, "trend": 3.912837, "fair_value": 2.293821, "relative_strength": 23.033727, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.487516, "energy": 61.504495, "activity_lines": [ 4.42, 4.36017, 4.170335, 4.050507 ] }, { "date": "2026-05-22", "close": 4.34, "volume": 654332, "typical_volume": 1331169.8, "trend": 3.935149, "fair_value": 2.31514, "relative_strength": 21.788777, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 48.482649, "energy": 43.797277, "activity_lines": [ 4.368667, 4.37387, 4.200378, 4.078066 ] }, { "date": "2026-05-29", "close": 4.45, "volume": 1373689, "typical_volume": 1372119.4, "trend": 3.959669, "fair_value": 2.337143, "relative_strength": 21.508618, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 53.300146, "energy": 41.619993, "activity_lines": [ 4.378667, 4.400061, 4.237947, 4.111282 ] }, { "date": "2026-06-05", "close": 4.46, "volume": 209584, "typical_volume": 1345561.5, "trend": 3.984521, "fair_value": 2.359231, "relative_strength": 21.599302, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 53.468794, "energy": 43.751695, "activity_lines": [ 4.406667, 4.417879, 4.273175, 4.143562 ] }, { "date": "2026-06-12", "close": 4.42, "volume": 130441, "typical_volume": 1316785.95, "trend": 4.008249, "fair_value": 2.380762, "relative_strength": 17.576128, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 47.727156, "energy": 41.278024, "activity_lines": [ 4.420667, 4.422, 4.30134, 4.171657 ] }, { "date": "2026-06-19", "close": 4.43, "volume": 196888, "typical_volume": 1270467.7, "trend": 4.032727, "fair_value": 2.402141, "relative_strength": 16.120555, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 56.900772, "energy": 45.165378, "activity_lines": [ 4.43, 4.422727, 4.327217, 4.198867 ] }, { "date": "2026-06-26", "close": 4.33, "volume": 142797, "typical_volume": 1185798.1, "trend": 4.055331, "fair_value": 2.422858, "relative_strength": 12.743543, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 54.204092, "energy": 39.438863, "activity_lines": [ 4.4, 4.399636, 4.340222, 4.218046 ] }, { "date": "2026-07-03", "close": 4.21, "volume": 270889, "typical_volume": 1135305.75, "trend": 4.074143, "fair_value": 2.442956, "relative_strength": 7.971065, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 32.543118, "energy": 19.577528, "activity_lines": [ 4.330667, 4.361636, 4.339076, 4.228024 ] }, { "date": "2026-07-10", "close": 4.25, "volume": 592704, "typical_volume": 1089441.7, "trend": 4.091788, "fair_value": 2.463526, "relative_strength": 7.030416, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 18.438939, "energy": 16.79722, "activity_lines": [ 4.290667, 4.339273, 4.339707, 4.23937 ] }, { "date": "2026-07-17", "close": 4.23, "volume": 519520, "typical_volume": 1015225.0, "trend": 4.110433, "fair_value": 2.484076, "relative_strength": 6.582385, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 4.080294, "energy": 21.921757, "activity_lines": [ 4.258, 4.316909, 4.336419, 4.248287 ] }, { "date": "2026-07-24", "close": 4.25, "volume": 553010, "typical_volume": 950705.9, "trend": 4.128702, "fair_value": 2.504452, "relative_strength": 5.837984, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 4.446769, "energy": 23.554252, "activity_lines": [ 4.244667, 4.299455, 4.333235, 4.257291 ] }, { "date": "2026-07-31", "close": 4.25, "volume": 396489, "typical_volume": 922174.1, "trend": 4.146347, "fair_value": 2.524958, "relative_strength": 5.787293, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 3.564447, "energy": 27.010833, "activity_lines": [ 4.243333, 4.283636, 4.328394, 4.265117 ] }, { "date": "2026-08-07", "close": 4.25, "volume": 396004, "typical_volume": 902960.7, "trend": 4.16274, "fair_value": 2.545334, "relative_strength": 4.310212, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 1.504693, "energy": 36.532418, "activity_lines": [ 4.247333, 4.269455, 4.322016, 4.271804 ] } ], "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." } } }