{ "ticker": { "uuid": "18e27720-2f0e-4c92-9a28-d0f7d033314a", "symbol": "FFN", "name": "North American Financial 15 Split Corp.", "exchange": "TOR", "country": "CA", "assetType": "equity" }, "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.", "analysis": { "eligible": true, "as_of": "2026-08-07", "benchmark": "^GSPTSE", "stage": 2, "stage_name": "Advancing", "phase": "2b", "phase_label": "Stage 2B \u00b7 Advancing", "transition": "stage_2_healthy", "transition_label": "Stage 2 trend intact", "confidence": 96.0, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Established expansion", "architecture_gate": "up", "architecture_direction": 48.664, "architecture_energy": 48.91, "architecture_maturity": 92.864, "architecture_confidence": 68.396, "architecture_tenure": "Established", "architecture": { "interpretation": { "headline": "The weekly architecture is expanding upward.", "body": "Trend and Activity show sustained positive alignment with constructive price acceptance. Directional energy remains positive; cooling within this regime can indicate that it is maturing." }, "scores": { "balance": 31.5, "rotation_up": 38.7, "upward_expansion": 66.2, "deceleration": 71.14, "rotation_down": 27.33, "downward_expansion": 20.87 }, "activity_lines": [ 10.740784, 10.783016, 10.297371, 9.819174 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.166667 }, "latest_close": 10.66, "trend_reference": 9.315288, "distance_from_trend": 0.144355, "trend_direction": "Improving", "fair_value": 5.578082, "distance_from_fair_value": 0.911051, "fair_value_direction": "Improving", "relative_strength": 11.758673, "relative_strength_direction": "Improving", "price_momentum": 0.206198, "excess_performance": 0.085777, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.144355, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.097353, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.911051, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.061355, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.117587, "read": "Leading" }, { "label": "Relative strength direction", "positive": true, "value": 0.018542, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.206198, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 3.187723, "read": "Demand-led" } ], "volume": { "latest": 411700, "relative_activity": 0.358095, "balance": 3.187723, "dry_up": 0.780229, "accumulation_observations": 3, "distribution_observations": 2 }, "risk": { "range_context": 0.047561, "annualized_volatility": 0.299998, "from_high_reference": -0.097375, "from_low_reference": 0.704475 }, "levels": { "trend_reference": 9.315288, "fair_value_reference": 5.578082, "structural_low": 6.723046, "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 37, "median_return": 0.023368, "positive_rate": 0.648649, "directional_follow_through": 0.648649, "median_excess_return": 0.009403, "regime_survival": 0.810811, "best_return": 0.157518, "worst_return": -0.208791, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 14, "median_return": 0.123335, "positive_rate": 0.714286, "directional_follow_through": 0.714286, "median_excess_return": 0.058013, "regime_survival": 0.642857, "best_return": 0.280317, "worst_return": -0.132584, "sufficient": true }, { "horizon": "Extended", "sample_count": 8, "median_return": 0.181848, "positive_rate": 0.75, "directional_follow_through": 0.75, "median_excess_return": 0.109722, "regime_survival": 0.625, "best_return": 0.59159, "worst_return": -0.449185, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 4, "median_return": 0.258729, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": 0.105664, "regime_survival": 0.25, "best_return": 1.141418, "worst_return": -0.367518, "sufficient": false } ], "ledger": [ { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2023-05-12", "end": "2023-12-08", "tenure": "Extended", "return": -0.099744, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2023-12-15", "end": "2024-01-12", "tenure": "Developing", "return": -0.069444, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-01-19", "end": "2024-06-21", "tenure": "Established", "return": 0.443165, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-06-28", "end": "2024-07-12", "tenure": "New", "return": 0.051879, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-07-19", "end": "2025-01-03", "tenure": "Established", "return": 0.297538, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-01-10", "end": "2025-01-24", "tenure": "New", "return": 0.067432, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-01-31", "end": "2025-02-14", "tenure": "New", "return": -0.026574, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-02-21", "end": "2025-03-14", "tenure": "New", "return": -0.147543, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-03-21", "end": "2025-04-18", "tenure": "Developing", "return": -0.114506, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-04-25", "end": "2025-05-23", "tenure": "Developing", "return": 0.157832, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-05-30", "end": "2025-07-11", "tenure": "Developing", "return": 0.077612, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-07-18", "end": "2026-02-13", "tenure": "Extended", "return": 0.388772, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-02-20", "end": "2026-05-01", "tenure": "Developing", "return": 0.033375, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-05-08", "end": "2026-08-07", "tenure": "Established", "return": 0.17224, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 2.226749, "volume": 456000, "typical_volume": 430130.0, "trend": 2.725223, "fair_value": 3.06128, "relative_strength": -18.399981, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.762254, "energy": 34.193635, "activity_lines": [ 2.408328, 2.421175, 2.430972, 2.524039 ] }, { "date": "2023-08-25", "close": 2.126105, "volume": 656900, "typical_volume": 446200.0, "trend": 2.68244, "fair_value": 3.064632, "relative_strength": -21.830818, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -72.999575, "energy": 57.278154, "activity_lines": [ 2.288813, 2.369023, 2.397994, 2.485386 ] }, { "date": "2023-09-01", "close": 2.157556, "volume": 712400, "typical_volume": 456275.0, "trend": 2.638793, "fair_value": 3.068566, "relative_strength": -23.149258, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.88268, "energy": 71.957335, "activity_lines": [ 2.216685, 2.328079, 2.370586, 2.451523 ] }, { "date": "2023-09-08", "close": 2.038041, "volume": 444900, "typical_volume": 454350.0, "trend": 2.588079, "fair_value": 3.072055, "relative_strength": -25.327068, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -76.150842, "energy": 79.580773, "activity_lines": [ 2.137008, 2.268036, 2.334222, 2.412764 ] }, { "date": "2023-09-15", "close": 2.25191, "volume": 425700, "typical_volume": 459285.0, "trend": 2.541408, "fair_value": 3.077003, "relative_strength": -19.367282, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.087517, "energy": 66.53172, "activity_lines": [ 2.157556, 2.252939, 2.321432, 2.391076 ] }, { "date": "2023-09-22", "close": 2.019171, "volume": 459200, "typical_volume": 446475.0, "trend": 2.488214, "fair_value": 3.0811, "relative_strength": -24.367023, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -71.959357, "energy": 57.558338, "activity_lines": [ 2.110589, 2.195412, 2.288363, 2.357383 ] }, { "date": "2023-09-29", "close": 1.931107, "volume": 488700, "typical_volume": 455885.0, "trend": 2.438101, "fair_value": 3.084458, "relative_strength": -26.523673, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -75.797201, "energy": 57.262144, "activity_lines": [ 2.048106, 2.128049, 2.249214, 2.321441 ] }, { "date": "2023-10-06", "close": 1.880785, "volume": 681000, "typical_volume": 477405.0, "trend": 2.399521, "fair_value": 3.087757, "relative_strength": -27.114917, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -73.748718, "energy": 55.252671, "activity_lines": [ 1.981848, 2.065147, 2.207788, 2.285485 ] }, { "date": "2023-10-13", "close": 1.887076, "volume": 328200, "typical_volume": 473460.0, "trend": 2.369118, "fair_value": 3.091533, "relative_strength": -27.404384, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -70.219197, "energy": 70.462463, "activity_lines": [ 1.93614, 2.017226, 2.169687, 2.252424 ] }, { "date": "2023-10-20", "close": 1.692077, "volume": 235200, "typical_volume": 471150.0, "trend": 2.338296, "fair_value": 3.093797, "relative_strength": -33.350346, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -81.558525, "energy": 83.992032, "activity_lines": [ 1.835495, 1.944488, 2.115501, 2.208744 ] }, { "date": "2023-10-27", "close": 1.591433, "volume": 530800, "typical_volume": 484230.0, "trend": 2.300764, "fair_value": 3.096466, "relative_strength": -35.639887, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -84.285543, "energy": 89.371939, "activity_lines": [ 1.738625, 1.866375, 2.055085, 2.160559 ] }, { "date": "2023-11-03", "close": 1.887076, "volume": 443400, "typical_volume": 492015.0, "trend": 2.274765, "fair_value": 3.099805, "relative_strength": -27.444559, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.531954, "energy": 73.382322, "activity_lines": [ 1.768819, 1.853565, 2.026689, 2.13387 ] }, { "date": "2023-11-10", "close": 1.849334, "volume": 364100, "typical_volume": 491180.0, "trend": 2.247507, "fair_value": 3.101705, "relative_strength": -27.625168, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.998779, "energy": 57.314133, "activity_lines": [ 1.789367, 1.83824, 1.997275, 2.106423 ] }, { "date": "2023-11-17", "close": 2.107234, "volume": 428900, "typical_volume": 484210.0, "trend": 2.227378, "fair_value": 3.103886, "relative_strength": -18.889134, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -43.123809, "energy": 32.839436, "activity_lines": [ 1.897978, 1.87541, 1.994579, 2.097373 ] }, { "date": "2023-11-24", "close": 2.075783, "volume": 272900, "typical_volume": 485590.0, "trend": 2.208298, "fair_value": 3.104213, "relative_strength": -18.875695, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -33.346553, "energy": 24.74162, "activity_lines": [ 1.981429, 1.905603, 1.990146, 2.087592 ] }, { "date": "2023-12-01", "close": 2.100944, "volume": 368200, "typical_volume": 473870.0, "trend": 2.194878, "fair_value": 3.104437, "relative_strength": -18.530515, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -22.097227, "energy": 22.900199, "activity_lines": [ 2.047687, 1.943573, 1.988918, 2.080666 ] }, { "date": "2023-12-08", "close": 2.214168, "volume": 549200, "typical_volume": 466550.0, "trend": 2.186701, "fair_value": 3.105357, "relative_strength": -13.049863, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": 5.504462, "energy": 21.809021, "activity_lines": [ 2.117718, 2.000643, 1.999701, 2.081911 ] }, { "date": "2023-12-15", "close": 2.717389, "volume": 1611600, "typical_volume": 520230.0, "trend": 2.195507, "fair_value": 3.110447, "relative_strength": 5.907782, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 49.226526, "energy": 48.096555, "activity_lines": [ 2.333683, 2.144061, 2.060626, 2.116149 ] }, { "date": "2023-12-22", "close": 2.74884, "volume": 986200, "typical_volume": 543570.0, "trend": 2.20683, "fair_value": 3.116033, "relative_strength": 5.36892, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 50.146612, "energy": 71.856308, "activity_lines": [ 2.502262, 2.277986, 2.124188, 2.151848 ] }, { "date": "2023-12-29", "close": 2.774001, "volume": 410300, "typical_volume": 542690.0, "trend": 2.21941, "fair_value": 3.121722, "relative_strength": 5.929433, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 53.810513, "energy": 79.49417, "activity_lines": [ 2.636454, 2.400817, 2.188828, 2.188439 ] }, { "date": "2024-01-05", "close": 2.818032, "volume": 645900, "typical_volume": 552185.0, "trend": 2.233249, "fair_value": 3.124566, "relative_strength": 7.899404, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 50.981595, "energy": 82.141975, "activity_lines": [ 2.738775, 2.511983, 2.255894, 2.22706 ] }, { "date": "2024-01-12", "close": 2.528682, "volume": 819900, "typical_volume": 560335.0, "trend": 2.236604, "fair_value": 3.124021, "relative_strength": -2.932141, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 66.931095, "energy": 81.921532, "activity_lines": [ 2.696841, 2.548238, 2.292587, 2.24612 ] }, { "date": "2024-01-19", "close": 2.635615, "volume": 532800, "typical_volume": 551355.0, "trend": 2.247716, "fair_value": 3.124575, "relative_strength": 2.149115, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.069675, "energy": 62.442501, "activity_lines": [ 2.669583, 2.59227, 2.337547, 2.271863 ] }, { "date": "2024-01-26", "close": 2.76142, "volume": 531200, "typical_volume": 555670.0, "trend": 2.260716, "fair_value": 3.12714, "relative_strength": 6.47865, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 69.85724, "energy": 55.675549, "activity_lines": [ 2.689711, 2.644879, 2.392213, 2.305005 ] }, { "date": "2024-02-02", "close": 2.774001, "volume": 1135100, "typical_volume": 591140.0, "trend": 2.278329, "fair_value": 3.128368, "relative_strength": 7.766207, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.428508, "energy": 51.701817, "activity_lines": [ 2.713195, 2.687882, 2.444631, 2.33812 ] }, { "date": "2024-02-09", "close": 2.623034, "volume": 408200, "typical_volume": 588590.0, "trend": 2.287135, "fair_value": 3.128357, "relative_strength": 3.044069, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 49.73374, "energy": 42.573905, "activity_lines": [ 2.686356, 2.690741, 2.480186, 2.360359 ] }, { "date": "2024-02-16", "close": 3.050772, "volume": 1828900, "typical_volume": 655600.0, "trend": 2.299506, "fair_value": 3.128947, "relative_strength": 19.112421, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 79.676203, "energy": 58.363288, "activity_lines": [ 2.815097, 2.761878, 2.553602, 2.409626 ] }, { "date": "2024-02-23", "close": 3.201738, "volume": 1485300, "typical_volume": 695815.0, "trend": 2.318167, "fair_value": 3.129936, "relative_strength": 24.668955, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 82.866283, "energy": 74.37815, "activity_lines": [ 2.959353, 2.845252, 2.636065, 2.467835 ] }, { "date": "2024-03-01", "close": 3.191813, "volume": 1029200, "typical_volume": 730865.0, "trend": 2.342159, "fair_value": 3.129635, "relative_strength": 23.852656, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 77.741244, "energy": 81.715902, "activity_lines": [ 3.06256, 2.918016, 2.711291, 2.524199 ] }, { "date": "2024-03-08", "close": 3.36556, "volume": 1338800, "typical_volume": 786045.0, "trend": 2.374248, "fair_value": 3.129957, "relative_strength": 29.457812, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 81.643327, "energy": 90.718499, "activity_lines": [ 3.19499, 3.014316, 2.796852, 2.590225 ] }, { "date": "2024-03-15", "close": 3.481392, "volume": 983900, "typical_volume": 808700.0, "trend": 2.41607, "fair_value": 3.130837, "relative_strength": 32.909046, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 83.286718, "energy": 93.098828, "activity_lines": [ 3.326592, 3.12092, 2.885476, 2.661653 ] }, { "date": "2024-03-22", "close": 3.668009, "volume": 1327700, "typical_volume": 852915.0, "trend": 2.467466, "fair_value": 3.132423, "relative_strength": 38.448756, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 88.100155, "energy": 94.821232, "activity_lines": [ 3.463177, 3.249394, 2.982873, 2.742424 ] }, { "date": "2024-03-29", "close": 3.696109, "volume": 794500, "typical_volume": 874435.0, "trend": 2.518752, "fair_value": 3.134271, "relative_strength": 37.665314, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 82.244162, "energy": 92.787576, "activity_lines": [ 3.567979, 3.362262, 3.074465, 2.821691 ] }, { "date": "2024-04-05", "close": 3.715804, "volume": 1554800, "typical_volume": 930730.0, "trend": 2.574677, "fair_value": 3.136152, "relative_strength": 37.035378, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 76.498745, "energy": 89.989782, "activity_lines": [ 3.646388, 3.459429, 3.159139, 2.89892 ] }, { "date": "2024-04-12", "close": 3.440073, "volume": 1866300, "typical_volume": 1010400.0, "trend": 2.614282, "fair_value": 3.135861, "relative_strength": 28.420306, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.513775, "energy": 66.628605, "activity_lines": [ 3.597955, 3.489111, 3.209893, 2.954752 ] }, { "date": "2024-04-19", "close": 3.374423, "volume": 1696000, "typical_volume": 1076790.0, "trend": 2.659457, "fair_value": 3.135148, "relative_strength": 26.034359, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.862649, "energy": 59.268967, "activity_lines": [ 3.52267, 3.494746, 3.247899, 3.003793 ] }, { "date": "2024-04-26", "close": 3.689544, "volume": 1755800, "typical_volume": 1137120.0, "trend": 2.718072, "fair_value": 3.136009, "relative_strength": 35.945621, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 73.487338, "energy": 57.919361, "activity_lines": [ 3.559557, 3.544014, 3.309851, 3.070251 ] }, { "date": "2024-05-03", "close": 3.678155, "volume": 1064400, "typical_volume": 1109760.0, "trend": 2.777984, "fair_value": 3.136861, "relative_strength": 34.701964, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.776526, "energy": 53.05709, "activity_lines": [ 3.591211, 3.579597, 3.363693, 3.132192 ] }, { "date": "2024-05-10", "close": 3.872448, "volume": 1442300, "typical_volume": 1132565.0, "trend": 2.844163, "fair_value": 3.138863, "relative_strength": 38.382783, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 78.283947, "energy": 61.108959, "activity_lines": [ 3.688827, 3.641845, 3.431464, 3.202802 ] }, { "date": "2024-05-17", "close": 4.05334, "volume": 989700, "typical_volume": 1161535.0, "trend": 2.922872, "fair_value": 3.141392, "relative_strength": 42.529457, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 85.176192, "energy": 86.27778, "activity_lines": [ 3.836298, 3.724606, 3.511113, 3.280813 ] }, { "date": "2024-05-24", "close": 4.03324, "volume": 1155400, "typical_volume": 1187010.0, "trend": 3.004266, "fair_value": 3.143149, "relative_strength": 41.456731, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 77.528869, "energy": 88.694744, "activity_lines": [ 3.936184, 3.791208, 3.582755, 3.35245 ] }, { "date": "2024-05-31", "close": 4.022148, "volume": 1029700, "typical_volume": 1197500.0, "trend": 3.075435, "fair_value": 3.144931, "relative_strength": 40.110543, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 72.472349, "energy": 87.202739, "activity_lines": [ 3.988451, 3.84576, 3.647554, 3.41812 ] }, { "date": "2024-06-07", "close": 3.974346, "volume": 603800, "typical_volume": 1201050.0, "trend": 3.146269, "fair_value": 3.146182, "relative_strength": 38.855522, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.22483, "energy": 82.974425, "activity_lines": [ 4.002611, 3.885181, 3.700688, 3.476114 ] }, { "date": "2024-06-14", "close": 3.571449, "volume": 1283700, "typical_volume": 1238675.0, "trend": 3.195076, "fair_value": 3.144915, "relative_strength": 26.089668, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 60.812849, "energy": 49.618445, "activity_lines": [ 3.862726, 3.846289, 3.709077, 3.503545 ] }, { "date": "2024-06-21", "close": 3.803628, "volume": 877600, "typical_volume": 1225800.0, "trend": 3.252671, "fair_value": 3.145232, "relative_strength": 33.674155, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 45.664983, "energy": 35.024631, "activity_lines": [ 3.820301, 3.852237, 3.735721, 3.542807 ] }, { "date": "2024-06-28", "close": 3.895188, "volume": 897300, "typical_volume": 1250255.0, "trend": 3.312479, "fair_value": 3.146387, "relative_strength": 33.707321, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 45.238566, "energy": 29.670737, "activity_lines": [ 3.825043, 3.868222, 3.766181, 3.584259 ] }, { "date": "2024-07-05", "close": 3.895188, "volume": 552900, "typical_volume": 1186455.0, "trend": 3.368513, "fair_value": 3.147607, "relative_strength": 31.395004, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 42.984616, "energy": 25.800449, "activity_lines": [ 3.838988, 3.874738, 3.790584, 3.621854 ] }, { "date": "2024-07-12", "close": 4.097265, "volume": 750100, "typical_volume": 1149695.0, "trend": 3.414509, "fair_value": 3.150221, "relative_strength": 33.239981, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 71.605426, "energy": 46.897834, "activity_lines": [ 3.928756, 3.914256, 3.830211, 3.66887 ] }, { "date": "2024-07-19", "close": 4.194818, "volume": 1527900, "typical_volume": 1174630.0, "trend": 3.462708, "fair_value": 3.153394, "relative_strength": 35.266201, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 76.908881, "energy": 67.885206, "activity_lines": [ 4.042848, 3.963892, 3.874865, 3.719212 ] }, { "date": "2024-07-26", "close": 4.292372, "volume": 1029100, "typical_volume": 1159145.0, "trend": 3.51332, "fair_value": 3.157122, "relative_strength": 36.516447, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 81.1279, "energy": 84.354125, "activity_lines": [ 4.147899, 4.025403, 3.924033, 3.772739 ] }, { "date": "2024-08-02", "close": 3.896525, "volume": 1660500, "typical_volume": 1192975.0, "trend": 3.54927, "fair_value": 3.158278, "relative_strength": 26.264352, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 62.236982, "energy": 60.805007, "activity_lines": [ 4.088419, 4.010596, 3.931088, 3.797462 ] }, { "date": "2024-08-09", "close": 3.974597, "volume": 1463800, "typical_volume": 1199780.0, "trend": 3.597467, "fair_value": 3.159471, "relative_strength": 27.246503, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 56.808286, "energy": 41.331895, "activity_lines": [ 4.054873, 4.012469, 3.943602, 3.824902 ] }, { "date": "2024-08-16", "close": 4.215912, "volume": 851000, "typical_volume": 1202605.0, "trend": 3.650144, "fair_value": 3.162245, "relative_strength": 29.367601, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.418839, "energy": 42.012438, "activity_lines": [ 4.096472, 4.059083, 3.977638, 3.864802 ] }, { "date": "2024-08-23", "close": 4.258498, "volume": 1124200, "typical_volume": 1181075.0, "trend": 3.700046, "fair_value": 3.164827, "relative_strength": 28.056587, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.385047, "energy": 39.635315, "activity_lines": [ 4.144357, 4.109047, 4.013254, 3.904051 ] }, { "date": "2024-08-30", "close": 4.260667, "volume": 1117900, "typical_volume": 1143655.0, "trend": 3.749602, "fair_value": 3.167716, "relative_strength": 26.472354, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 64.443272, "energy": 44.48991, "activity_lines": [ 4.188719, 4.146914, 4.046493, 3.94022 ] }, { "date": "2024-09-06", "close": 4.087058, "volume": 695400, "typical_volume": 1093625.0, "trend": 3.798403, "fair_value": 3.169459, "relative_strength": 23.049608, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 55.404599, "energy": 40.213294, "activity_lines": [ 4.177325, 4.144906, 4.059291, 3.961991 ] }, { "date": "2024-09-13", "close": 4.246199, "volume": 1050700, "typical_volume": 1058370.0, "trend": 3.83825, "fair_value": 3.172154, "relative_strength": 22.424506, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 61.577911, "energy": 45.03326, "activity_lines": [ 4.206276, 4.168344, 4.08385, 3.990881 ] }, { "date": "2024-09-20", "close": 4.32577, "volume": 1018600, "typical_volume": 1056080.0, "trend": 3.875718, "fair_value": 3.175225, "relative_strength": 21.896847, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 68.546267, "energy": 51.552581, "activity_lines": [ 4.243643, 4.199867, 4.113338, 4.022334 ] }, { "date": "2024-09-27", "close": 4.357194, "volume": 1320300, "typical_volume": 1049980.0, "trend": 3.914564, "fair_value": 3.178623, "relative_strength": 21.02408, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 68.018498, "energy": 52.649729, "activity_lines": [ 4.284162, 4.232949, 4.142734, 4.053397 ] }, { "date": "2024-10-04", "close": 4.364567, "volume": 792300, "typical_volume": 1040110.0, "trend": 3.947864, "fair_value": 3.181864, "relative_strength": 18.93352, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.248073, "energy": 61.084459, "activity_lines": [ 4.320558, 4.26442, 4.170524, 4.08243 ] }, { "date": "2024-10-11", "close": 4.593118, "volume": 2439500, "typical_volume": 1104315.0, "trend": 3.984922, "fair_value": 3.18633, "relative_strength": 22.180374, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 80.954666, "energy": 76.116757, "activity_lines": [ 4.426212, 4.336133, 4.218599, 4.124059 ] }, { "date": "2024-10-18", "close": 4.932257, "volume": 1919500, "typical_volume": 1148805.0, "trend": 4.027063, "fair_value": 3.192355, "relative_strength": 27.585104, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 92.723203, "energy": 90.995226, "activity_lines": [ 4.611174, 4.456841, 4.296307, 4.185177 ] }, { "date": "2024-10-25", "close": 4.998608, "volume": 2047600, "typical_volume": 1220995.0, "trend": 4.07048, "fair_value": 3.198659, "relative_strength": 29.291739, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 89.258055, "energy": 94.528117, "activity_lines": [ 4.772517, 4.572202, 4.376, 4.247858 ] }, { "date": "2024-11-01", "close": 5.006638, "volume": 1730100, "typical_volume": 1243315.0, "trend": 4.113508, "fair_value": 3.204771, "relative_strength": 28.868412, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 83.311793, "energy": 93.723776, "activity_lines": [ 4.89168, 4.674792, 4.451581, 4.308255 ] }, { "date": "2024-11-08", "close": 5.171528, "volume": 2839600, "typical_volume": 1341415.0, "trend": 4.171223, "fair_value": 3.211905, "relative_strength": 28.629315, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 87.013115, "energy": 95.205817, "activity_lines": [ 5.02251, 4.793759, 4.536031, 4.376514 ] }, { "date": "2024-11-15", "close": 5.388883, "volume": 2100700, "typical_volume": 1401585.0, "trend": 4.238372, "fair_value": 3.22026, "relative_strength": 31.582239, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 92.446411, "energy": 97.159735, "activity_lines": [ 5.171994, 4.935685, 4.634667, 4.455073 ] }, { "date": "2024-11-22", "close": 5.688681, "volume": 1854000, "typical_volume": 1466640.0, "trend": 4.305009, "fair_value": 3.230224, "relative_strength": 33.996049, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 96.023005, "energy": 98.421446, "activity_lines": [ 5.36836, 5.108449, 4.754743, 4.548641 ] }, { "date": "2024-11-29", "close": 5.72151, "volume": 1937000, "typical_volume": 1525985.0, "trend": 4.373121, "fair_value": 3.240775, "relative_strength": 31.869681, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 89.822903, "energy": 96.209148, "activity_lines": [ 5.525241, 5.260956, 4.869405, 4.640028 ] }, { "date": "2024-12-06", "close": 5.592167, "volume": 1679500, "typical_volume": 1533565.0, "trend": 4.430445, "fair_value": 3.250532, "relative_strength": 27.097425, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 70.023766, "energy": 85.643535, "activity_lines": [ 5.590814, 5.364568, 4.964014, 4.718677 ] }, { "date": "2024-12-13", "close": 5.561734, "volume": 2753400, "typical_volume": 1619780.0, "trend": 4.480725, "fair_value": 3.260024, "relative_strength": 27.240923, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.350415, "energy": 68.332594, "activity_lines": [ 5.607208, 5.440193, 5.049071, 4.791663 ] }, { "date": "2024-12-20", "close": 5.333482, "volume": 2605400, "typical_volume": 1667025.0, "trend": 4.524066, "fair_value": 3.26763, "relative_strength": 24.189985, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.575601, "energy": 64.66448, "activity_lines": [ 5.521503, 5.452551, 5.106345, 4.846679 ] }, { "date": "2024-12-27", "close": 5.485651, "volume": 1131500, "typical_volume": 1650410.0, "trend": 4.57285, "fair_value": 3.276203, "relative_strength": 25.490473, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.834237, "energy": 57.668643, "activity_lines": [ 5.490215, 5.479116, 5.171269, 4.908717 ] }, { "date": "2025-01-03", "close": 5.442935, "volume": 1067400, "typical_volume": 1661230.0, "trend": 4.621803, "fair_value": 3.283824, "relative_strength": 22.039109, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 48.388835, "energy": 44.509237, "activity_lines": [ 5.458224, 5.487851, 5.224929, 4.964852 ] }, { "date": "2025-01-10", "close": 5.388814, "volume": 1488400, "typical_volume": 1679440.0, "trend": 4.682382, "fair_value": 3.29024, "relative_strength": 21.046657, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 44.287981, "energy": 37.066713, "activity_lines": [ 5.426764, 5.478668, 5.267591, 5.014336 ] }, { "date": "2025-01-17", "close": 5.643953, "volume": 2787500, "typical_volume": 1762920.0, "trend": 4.743726, "fair_value": 3.299649, "relative_strength": 23.945619, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 56.561188, "energy": 44.192232, "activity_lines": [ 5.493907, 5.508925, 5.32917, 5.076373 ] }, { "date": "2025-01-24", "close": 5.752193, "volume": 1396400, "typical_volume": 1797970.0, "trend": 4.805626, "fair_value": 3.309383, "relative_strength": 23.095861, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 70.161264, "energy": 52.349969, "activity_lines": [ 5.591649, 5.550273, 5.394471, 5.141436 ] }, { "date": "2025-01-31", "close": 5.613004, "volume": 1790100, "typical_volume": 1834940.0, "trend": 4.862887, "fair_value": 3.318007, "relative_strength": 18.715018, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 57.33186, "energy": 47.310199, "activity_lines": [ 5.615081, 5.559708, 5.438586, 5.193524 ] }, { "date": "2025-02-07", "close": 5.581602, "volume": 3297800, "typical_volume": 1948900.0, "trend": 4.912364, "fair_value": 3.326285, "relative_strength": 17.317685, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 55.233749, "energy": 42.895926, "activity_lines": [ 5.619555, 5.564809, 5.473202, 5.239893 ] }, { "date": "2025-02-14", "close": 5.463846, "volume": 1799200, "typical_volume": 1972845.0, "trend": 4.954665, "fair_value": 3.334025, "relative_strength": 13.831221, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 51.746655, "energy": 35.850607, "activity_lines": [ 5.575533, 5.551044, 5.490623, 5.275473 ] }, { "date": "2025-02-21", "close": 5.448146, "volume": 1265700, "typical_volume": 1996515.0, "trend": 4.993191, "fair_value": 3.34136, "relative_strength": 14.238643, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 38.027759, "energy": 23.671005, "activity_lines": [ 5.521275, 5.536758, 5.501279, 5.30731 ] }, { "date": "2025-02-28", "close": 5.458261, "volume": 1371800, "typical_volume": 1943130.0, "trend": 5.045249, "fair_value": 3.350013, "relative_strength": 12.576594, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 33.196872, "energy": 17.726056, "activity_lines": [ 5.483442, 5.526376, 5.507738, 5.337315 ] }, { "date": "2025-03-07", "close": 4.979465, "volume": 3408000, "typical_volume": 2017555.0, "trend": 5.078745, "fair_value": 3.356001, "relative_strength": 4.845374, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -6.90321, "energy": 13.572979, "activity_lines": [ 5.305607, 5.426671, 5.464478, 5.33307 ] }, { "date": "2025-03-14", "close": 4.644309, "volume": 2372300, "typical_volume": 2033790.0, "trend": 5.093025, "fair_value": 3.358846, "relative_strength": -1.687323, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -39.234556, "energy": 37.561637, "activity_lines": [ 5.058288, 5.275232, 5.389074, 5.305042 ] }, { "date": "2025-03-21", "close": 4.939566, "volume": 1276200, "typical_volume": 2011095.0, "trend": 5.115727, "fair_value": 3.363327, "relative_strength": 2.506996, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -24.600728, "energy": 48.64952, "activity_lines": [ 4.971875, 5.191997, 5.343476, 5.295142 ] }, { "date": "2025-03-28", "close": 4.883707, "volume": 1820200, "typical_volume": 1960125.0, "trend": 5.136495, "fair_value": 3.367775, "relative_strength": 1.894771, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -26.811678, "energy": 54.945857, "activity_lines": [ 4.901794, 5.106774, 5.292878, 5.280173 ] }, { "date": "2025-04-04", "close": 4.170703, "volume": 2615500, "typical_volume": 1985865.0, "trend": 5.139283, "fair_value": 3.36814, "relative_strength": -7.226386, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -60.483728, "energy": 75.120842, "activity_lines": [ 4.631675, 4.905737, 5.175746, 5.217864 ] }, { "date": "2025-04-11", "close": 4.260134, "volume": 3542700, "typical_volume": 2070300.0, "trend": 5.139748, "fair_value": 3.369526, "relative_strength": -7.038149, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -50.120533, "energy": 68.149467, "activity_lines": [ 4.477203, 4.749713, 5.072931, 5.161144 ] }, { "date": "2025-04-18", "close": 4.373954, "volume": 1025900, "typical_volume": 2024745.0, "trend": 5.141354, "fair_value": 3.371306, "relative_strength": -7.180705, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -68.491025, "energy": 75.166409, "activity_lines": [ 4.408626, 4.638983, 4.987759, 5.111738 ] }, { "date": "2025-04-25", "close": 4.715416, "volume": 1354600, "typical_volume": 2008500.0, "trend": 5.153294, "fair_value": 3.376321, "relative_strength": -2.251851, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.819905, "energy": 62.515343, "activity_lines": [ 4.471894, 4.612293, 4.941525, 5.084258 ] }, { "date": "2025-05-02", "close": 4.921152, "volume": 1421100, "typical_volume": 1941885.0, "trend": 5.171847, "fair_value": 3.3841, "relative_strength": 0.417802, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -57.254047, "energy": 39.269722, "activity_lines": [ 4.618684, 4.636618, 4.919059, 5.069281 ] }, { "date": "2025-05-09", "close": 5.061992, "volume": 978400, "typical_volume": 1860535.0, "trend": 5.187476, "fair_value": 3.393884, "relative_strength": 1.702815, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -39.725651, "energy": 22.286012, "activity_lines": [ 4.809924, 4.696131, 4.913057, 5.062194 ] }, { "date": "2025-05-16", "close": 5.592218, "volume": 1557000, "typical_volume": 1881810.0, "trend": 5.209475, "fair_value": 3.407105, "relative_strength": 9.325027, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -1.726618, "energy": 19.782125, "activity_lines": [ 5.118487, 4.859255, 4.958845, 5.088306 ] }, { "date": "2025-05-23", "close": 5.459661, "volume": 1226400, "typical_volume": 1889760.0, "trend": 5.224844, "fair_value": 3.418869, "relative_strength": 6.796996, "stage": 2, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "mixed", "direction": 13.57933, "energy": 28.711666, "activity_lines": [ 5.294058, 4.987136, 4.991501, 5.104447 ] }, { "date": "2025-05-30", "close": 5.5956, "volume": 1558800, "typical_volume": 1893280.0, "trend": 5.244476, "fair_value": 3.432188, "relative_strength": 7.873853, "stage": 2, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 29.196438, "energy": 37.9314, "activity_lines": [ 5.442562, 5.124908, 5.037025, 5.128367 ] }, { "date": "2025-06-06", "close": 5.561892, "volume": 1128700, "typical_volume": 1810340.0, "trend": 5.257488, "fair_value": 3.450614, "relative_strength": 5.886799, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 28.246105, "energy": 51.81923, "activity_lines": [ 5.521151, 5.244624, 5.078353, 5.148846 ] }, { "date": "2025-06-13", "close": 5.519755, "volume": 1488800, "typical_volume": 1814960.0, "trend": 5.26185, "fair_value": 3.470634, "relative_strength": 4.349738, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 25.638783, "energy": 55.729276, "activity_lines": [ 5.542979, 5.344349, 5.116059, 5.165766 ] }, { "date": "2025-06-20", "close": 5.604028, "volume": 936200, "typical_volume": 1772265.0, "trend": 5.259028, "fair_value": 3.491423, "relative_strength": 5.613606, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 29.872176, "energy": 53.789526, "activity_lines": [ 5.56238, 5.434867, 5.162898, 5.187842 ] }, { "date": "2025-06-27", "close": 5.907403, "volume": 2347300, "typical_volume": 1724740.0, "trend": 5.265225, "fair_value": 3.513966, "relative_strength": 10.061741, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 50.818678, "energy": 59.568679, "activity_lines": [ 5.682118, 5.55611, 5.238673, 5.229673 ] }, { "date": "2025-07-04", "close": 6.012754, "volume": 991500, "typical_volume": 1684355.0, "trend": 5.279244, "fair_value": 3.537488, "relative_strength": 10.058533, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 53.976589, "energy": 72.025388, "activity_lines": [ 5.807125, 5.668627, 5.322929, 5.2779 ] }, { "date": "2025-07-11", "close": 6.029885, "volume": 1069900, "typical_volume": 1674565.0, "trend": 5.294849, "fair_value": 3.562147, "relative_strength": 10.040252, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 79.575285, "energy": 90.863026, "activity_lines": [ 5.910031, 5.76067, 5.406203, 5.326329 ] }, { "date": "2025-07-18", "close": 6.166928, "volume": 822600, "typical_volume": 1647105.0, "trend": 5.322631, "fair_value": 3.586164, "relative_strength": 10.913122, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 82.109977, "energy": 92.687614, "activity_lines": [ 6.027418, 5.857472, 5.499759, 5.382592 ] }, { "date": "2025-07-25", "close": 6.261145, "volume": 1103800, "typical_volume": 1531895.0, "trend": 5.348481, "fair_value": 3.609377, "relative_strength": 11.451988, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 83.922692, "energy": 93.702292, "activity_lines": [ 6.133067, 5.951314, 5.598913, 5.443141 ] }, { "date": "2025-08-01", "close": 6.071459, "volume": 2041300, "typical_volume": 1515345.0, "trend": 5.369432, "fair_value": 3.630386, "relative_strength": 9.462441, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.863506, "energy": 87.044611, "activity_lines": [ 6.131679, 5.998506, 5.673899, 5.489785 ] }, { "date": "2025-08-08", "close": 6.254124, "volume": 850400, "typical_volume": 1494055.0, "trend": 5.398275, "fair_value": 3.651235, "relative_strength": 9.273959, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 76.132653, "energy": 85.764858, "activity_lines": [ 6.180242, 6.067786, 5.759485, 5.546862 ] }, { "date": "2025-08-15", "close": 6.288918, "volume": 948800, "typical_volume": 1450485.0, "trend": 5.419774, "fair_value": 3.672497, "relative_strength": 8.872286, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 76.731606, "energy": 88.357175, "activity_lines": [ 6.224312, 6.131418, 5.842125, 5.604323 ] }, { "date": "2025-08-22", "close": 6.428091, "volume": 1168500, "typical_volume": 1378135.0, "trend": 5.442304, "fair_value": 3.696248, "relative_strength": 9.155986, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 84.791775, "energy": 85.253662, "activity_lines": [ 6.297504, 6.207137, 5.931329, 5.669376 ] }, { "date": "2025-08-29", "close": 6.535925, "volume": 1611700, "typical_volume": 1281585.0, "trend": 5.473068, "fair_value": 3.722135, "relative_strength": 9.618293, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 86.786796, "energy": 93.897325, "activity_lines": [ 6.38923, 6.285946, 6.020053, 5.739932 ] }, { "date": "2025-09-05", "close": 6.51826, "volume": 1197600, "typical_volume": 1290170.0, "trend": 5.50429, "fair_value": 3.746502, "relative_strength": 7.049211, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 77.021027, "energy": 90.33386, "activity_lines": [ 6.456749, 6.3446, 6.096257, 5.807364 ] }, { "date": "2025-09-12", "close": 6.694907, "volume": 1544500, "typical_volume": 1299665.0, "trend": 5.545325, "fair_value": 3.77242, "relative_strength": 8.591885, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 87.204853, "energy": 87.727469, "activity_lines": [ 6.553363, 6.424265, 6.179074, 5.884178 ] }, { "date": "2025-09-19", "close": 7.057033, "volume": 1206400, "typical_volume": 1288930.0, "trend": 5.598955, "fair_value": 3.802751, "relative_strength": 12.03096, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 95.855969, "energy": 86.316357, "activity_lines": [ 6.741301, 6.557369, 6.286953, 5.981707 ] }, { "date": "2025-09-26", "close": 7.251344, "volume": 1949300, "typical_volume": 1337475.0, "trend": 5.658724, "fair_value": 3.834632, "relative_strength": 14.500327, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 96.198739, "energy": 96.775038, "activity_lines": [ 6.942801, 6.707126, 6.403166, 6.088313 ] }, { "date": "2025-10-03", "close": 7.218208, "volume": 1378000, "typical_volume": 1328525.0, "trend": 5.733349, "fair_value": 3.86668, "relative_strength": 10.756876, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 85.692819, "energy": 92.831925, "activity_lines": [ 7.078373, 6.831142, 6.505799, 6.188925 ] }, { "date": "2025-10-10", "close": 6.958496, "volume": 1314200, "typical_volume": 1332915.0, "trend": 5.810489, "fair_value": 3.896721, "relative_strength": 8.549079, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.492024, "energy": 68.666822, "activity_lines": [ 7.081888, 6.890536, 6.575954, 6.267966 ] }, { "date": "2025-10-17", "close": 7.083874, "volume": 1405800, "typical_volume": 1325265.0, "trend": 5.881966, "fair_value": 3.92673, "relative_strength": 9.201777, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.856126, "energy": 67.535721, "activity_lines": [ 7.097847, 6.956599, 6.650913, 6.35012 ] }, { "date": "2025-10-24", "close": 7.307765, "volume": 1113100, "typical_volume": 1324485.0, "trend": 5.962767, "fair_value": 3.957489, "relative_strength": 11.383179, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 80.305081, "energy": 71.251453, "activity_lines": [ 7.162505, 7.048282, 6.740107, 6.442107 ] }, { "date": "2025-10-31", "close": 7.454025, "volume": 1593400, "typical_volume": 1329715.0, "trend": 6.072212, "fair_value": 3.988387, "relative_strength": 13.556126, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 84.937354, "energy": 72.895922, "activity_lines": [ 7.2592, 7.148034, 6.834918, 6.538318 ] }, { "date": "2025-11-07", "close": 7.390471, "volume": 1196700, "typical_volume": 1342740.0, "trend": 6.176556, "fair_value": 4.015683, "relative_strength": 13.515233, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 74.376839, "energy": 69.705819, "activity_lines": [ 7.3212, 7.217577, 6.914465, 6.623367 ] }, { "date": "2025-11-14", "close": 7.408628, "volume": 1415700, "typical_volume": 1296160.0, "trend": 6.277712, "fair_value": 4.041537, "relative_strength": 11.964588, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 69.786747, "energy": 67.895267, "activity_lines": [ 7.377767, 7.274884, 6.987234, 6.702855 ] }, { "date": "2025-11-21", "close": 7.417708, "volume": 1118000, "typical_volume": 1302485.0, "trend": 6.367788, "fair_value": 4.065509, "relative_strength": 12.496303, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.527219, "energy": 66.780346, "activity_lines": [ 7.407352, 7.317654, 7.053719, 6.776403 ] }, { "date": "2025-11-28", "close": 7.793694, "volume": 1628600, "typical_volume": 1330420.0, "trend": 6.46354, "fair_value": 4.093806, "relative_strength": 13.343723, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 88.748789, "energy": 73.424432, "activity_lines": [ 7.54001, 7.415643, 7.149323, 6.868397 ] }, { "date": "2025-12-05", "close": 7.968523, "volume": 1111600, "typical_volume": 1344870.0, "trend": 6.560424, "fair_value": 4.125394, "relative_strength": 15.776278, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 89.189884, "energy": 74.16959, "activity_lines": [ 7.698549, 7.532025, 7.253177, 6.965493 ] }, { "date": "2025-12-12", "close": 8.30898, "volume": 1150800, "typical_volume": 1347220.0, "trend": 6.650983, "fair_value": 4.160443, "relative_strength": 19.441272, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 92.934432, "energy": 78.184712, "activity_lines": [ 7.936275, 7.697269, 7.380877, 7.078303 ] }, { "date": "2025-12-19", "close": 8.621832, "volume": 1340600, "typical_volume": 1312185.0, "trend": 6.756388, "fair_value": 4.198932, "relative_strength": 22.463355, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 94.525928, "energy": 96.803318, "activity_lines": [ 8.21705, 7.899562, 7.528621, 7.205454 ] }, { "date": "2025-12-26", "close": 8.907081, "volume": 943600, "typical_volume": 1316845.0, "trend": 6.866771, "fair_value": 4.239675, "relative_strength": 24.931314, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 94.216641, "energy": 97.74205, "activity_lines": [ 8.512028, 8.123477, 7.691387, 7.344209 ] }, { "date": "2026-01-02", "close": 8.974391, "volume": 917200, "typical_volume": 1315265.0, "trend": 6.980521, "fair_value": 4.278718, "relative_strength": 25.636634, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 88.322138, "energy": 95.809054, "activity_lines": [ 8.730151, 8.326481, 7.84793, 7.480184 ] }, { "date": "2026-01-09", "close": 9.216438, "volume": 1208500, "typical_volume": 1317265.0, "trend": 7.103744, "fair_value": 4.317802, "relative_strength": 25.43891, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 89.816863, "energy": 96.368531, "activity_lines": [ 8.950243, 8.543191, 8.014737, 7.624437 ] }, { "date": "2026-01-16", "close": 8.899915, "volume": 3160400, "typical_volume": 1394700.0, "trend": 7.213607, "fair_value": 4.353539, "relative_strength": 19.113345, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.413458, "energy": 68.493723, "activity_lines": [ 8.981633, 8.670307, 8.138122, 7.740319 ] }, { "date": "2026-01-23", "close": 8.695104, "volume": 1752500, "typical_volume": 1422445.0, "trend": 7.30653, "fair_value": 4.38742, "relative_strength": 15.646919, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.469181, "energy": 66.672591, "activity_lines": [ 8.905357, 8.732741, 8.230743, 7.835899 ] }, { "date": "2026-01-30", "close": 8.762313, "volume": 2073100, "typical_volume": 1448875.0, "trend": 7.398182, "fair_value": 4.421365, "relative_strength": 20.442086, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.946499, "energy": 63.535165, "activity_lines": [ 8.8466, 8.784004, 8.319399, 7.929821 ] }, { "date": "2026-02-06", "close": 8.837687, "volume": 1873400, "typical_volume": 1482225.0, "trend": 7.491776, "fair_value": 4.4552, "relative_strength": 18.900165, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 53.012885, "energy": 52.966577, "activity_lines": [ 8.822618, 8.824524, 8.40539, 8.022692 ] }, { "date": "2026-02-13", "close": 8.564454, "volume": 1991300, "typical_volume": 1484325.0, "trend": 7.571693, "fair_value": 4.48669, "relative_strength": 12.702707, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 47.061766, "energy": 41.541297, "activity_lines": [ 8.716672, 8.796383, 8.456878, 8.091897 ] }, { "date": "2026-02-20", "close": 8.799999, "volume": 724400, "typical_volume": 1451645.0, "trend": 7.656322, "fair_value": 4.519927, "relative_strength": 12.843814, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 44.988668, "energy": 38.732691, "activity_lines": [ 8.732707, 8.800234, 8.524547, 8.171143 ] }, { "date": "2026-02-27", "close": 8.687509, "volume": 2069200, "typical_volume": 1489395.0, "trend": 7.743523, "fair_value": 4.5536, "relative_strength": 9.359409, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 43.366995, "energy": 34.98467, "activity_lines": [ 8.717906, 8.774705, 8.57397, 8.237671 ] }, { "date": "2026-03-06", "close": 7.772031, "volume": 2628200, "typical_volume": 1550515.0, "trend": 7.79412, "fair_value": 4.583945, "relative_strength": 1.265853, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 7.918376, "energy": 14.956897, "activity_lines": [ 8.398452, 8.58153, 8.527971, 8.23951 ] }, { "date": "2026-03-13", "close": 7.466872, "volume": 4057500, "typical_volume": 1697735.0, "trend": 7.833385, "fair_value": 4.613866, "relative_strength": -1.419774, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -16.007944, "energy": 25.902052, "activity_lines": [ 8.043298, 8.35351, 8.449632, 8.218397 ] }, { "date": "2026-03-20", "close": 7.543161, "volume": 1041700, "typical_volume": 1670150.0, "trend": 7.870554, "fair_value": 4.645446, "relative_strength": 3.114666, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -33.587717, "energy": 40.341632, "activity_lines": [ 7.80496, 8.16677, 8.377801, 8.199673 ] }, { "date": "2026-03-27", "close": 7.762495, "volume": 1263500, "typical_volume": 1673490.0, "trend": 7.91144, "fair_value": 4.677786, "relative_strength": 3.588003, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -24.150429, "energy": 39.418851, "activity_lines": [ 7.70782, 8.050332, 8.326435, 8.192702 ] }, { "date": "2026-04-03", "close": 8.017385, "volume": 1120300, "typical_volume": 1658720.0, "trend": 7.961411, "fair_value": 4.712083, "relative_strength": 2.755909, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -22.029641, "energy": 42.326214, "activity_lines": [ 7.764811, 8.000918, 8.297573, 8.199537 ] }, { "date": "2026-04-10", "close": 8.626669, "volume": 1360400, "typical_volume": 1670840.0, "trend": 8.025803, "fair_value": 4.750286, "relative_strength": 7.972388, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 19.002238, "energy": 15.222357, "activity_lines": [ 8.069571, 8.074605, 8.323839, 8.242457 ] }, { "date": "2026-04-17", "close": 9.013514, "volume": 1196900, "typical_volume": 1649255.0, "trend": 8.091019, "fair_value": 4.790686, "relative_strength": 9.949581, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 53.287603, "energy": 33.540945, "activity_lines": [ 8.446303, 8.221093, 8.38119, 8.30618 ] }, { "date": "2026-04-24", "close": 9.023186, "volume": 804400, "typical_volume": 1633895.0, "trend": 8.15008, "fair_value": 4.831551, "relative_strength": 10.830623, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 57.20915, "energy": 45.119881, "activity_lines": [ 8.723151, 8.366144, 8.433653, 8.36632 ] }, { "date": "2026-05-01", "close": 9.093702, "volume": 1346000, "typical_volume": 1643655.0, "trend": 8.212597, "fair_value": 4.873796, "relative_strength": 11.101138, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 68.020045, "energy": 54.95082, "activity_lines": [ 8.924835, 8.515675, 8.487811, 8.427199 ] }, { "date": "2026-05-08", "close": 9.093702, "volume": 956900, "typical_volume": 1624470.0, "trend": 8.28377, "fair_value": 4.916323, "relative_strength": 9.90444, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.65967, "energy": 72.3503, "activity_lines": [ 9.037772, 8.659865, 8.538231, 8.484044 ] }, { "date": "2026-05-15", "close": 9.142646, "volume": 833600, "typical_volume": 1618970.0, "trend": 8.352396, "fair_value": 4.959204, "relative_strength": 10.812251, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 67.328522, "energy": 73.079017, "activity_lines": [ 9.095269, 8.80557, 8.591066, 8.539456 ] }, { "date": "2026-05-22", "close": 9.387364, "volume": 1138600, "typical_volume": 1630040.0, "trend": 8.421716, "fair_value": 5.003936, "relative_strength": 11.134714, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 74.704914, "energy": 73.704252, "activity_lines": [ 9.19994, 8.970848, 8.666085, 8.606228 ] }, { "date": "2026-05-29", "close": 9.46876, "volume": 827200, "typical_volume": 1610975.0, "trend": 8.488874, "fair_value": 5.049271, "relative_strength": 10.630114, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 73.865682, "energy": 70.396776, "activity_lines": [ 9.30682, 9.116008, 8.74689, 8.673779 ] }, { "date": "2026-06-05", "close": 9.627234, "volume": 1412000, "typical_volume": 1523555.0, "trend": 8.563433, "fair_value": 5.095581, "relative_strength": 13.031985, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 77.558807, "energy": 78.392477, "activity_lines": [ 9.43682, 9.25497, 8.841587, 8.747221 ] }, { "date": "2026-06-12", "close": 10.043225, "volume": 1146800, "typical_volume": 1493270.0, "trend": 8.651252, "fair_value": 5.144396, "relative_strength": 15.43583, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 89.858528, "energy": 94.365963, "activity_lines": [ 9.669914, 9.435662, 8.972438, 8.842692 ] }, { "date": "2026-06-19", "close": 10.875208, "volume": 1184400, "typical_volume": 1448835.0, "trend": 8.766502, "fair_value": 5.199351, "relative_strength": 23.935391, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 97.211303, "energy": 98.172254, "activity_lines": [ 10.117035, 9.730791, 9.176106, 8.986173 ] }, { "date": "2026-06-26", "close": 11.657669, "volume": 2452900, "typical_volume": 1477810.0, "trend": 8.895302, "fair_value": 5.258878, "relative_strength": 31.680495, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 98.360222, "energy": 99.161882, "activity_lines": [ 10.709472, 10.127303, 9.444232, 9.1727 ] }, { "date": "2026-07-03", "close": 10.77, "volume": 1312980, "typical_volume": 1443894.0, "trend": 8.988684, "fair_value": 5.313522, "relative_strength": 19.971979, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 68.40493, "energy": 88.485961, "activity_lines": [ 10.854666, 10.314345, 9.61439, 9.293648 ] }, { "date": "2026-07-10", "close": 10.756477, "volume": 1048900, "typical_volume": 1460119.0, "trend": 9.070267, "fair_value": 5.367353, "relative_strength": 18.892551, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 67.059343, "energy": 87.026509, "activity_lines": [ 10.908602, 10.467168, 9.772758, 9.407699 ] }, { "date": "2026-07-17", "close": 10.825747, "volume": 927900, "typical_volume": 1403054.0, "trend": 9.143731, "fair_value": 5.419571, "relative_strength": 19.072979, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.489907, "energy": 72.226983, "activity_lines": [ 10.910346, 10.602353, 9.928406, 9.520956 ] }, { "date": "2026-07-24", "close": 10.934598, "volume": 1041500, "typical_volume": 1323719.0, "trend": 9.211315, "fair_value": 5.472729, "relative_strength": 19.188542, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.167916, "energy": 64.478577, "activity_lines": [ 10.896205, 10.725837, 10.084239, 9.636496 ] }, { "date": "2026-07-31", "close": 10.65, "volume": 1207000, "typical_volume": 1181194.0, "trend": 9.267169, "fair_value": 5.525152, "relative_strength": 15.890601, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 60.734743, "energy": 57.977101, "activity_lines": [ 10.783239, 10.764996, 10.197908, 9.729314 ] }, { "date": "2026-08-07", "close": 10.66, "volume": 411700, "typical_volume": 1149694.0, "trend": 9.315288, "fair_value": 5.578082, "relative_strength": 11.758673, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 48.664059, "energy": 48.91013, "activity_lines": [ 10.740784, 10.783016, 10.297371, 9.819174 ] } ], "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." } } }