{ "ticker": { "uuid": "18e935c6-5b8f-4291-8250-a8233a82c344", "symbol": "LCWLD", "name": "BNP PARIBAS EASY - Low Carbon 300 World PAB", "exchange": "MIL", "country": "IT", "assetType": "etf" }, "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.", "analysis": { "eligible": true, "as_of": "2026-08-07", "benchmark": "FTSEMIB.MI", "stage": 2, "stage_name": "Advancing", "phase": "2b", "phase_label": "Stage 2B \u00b7 Advancing", "transition": "stage_2_healthy", "transition_label": "Stage 2 trend intact", "confidence": 76.241, "architecture_regime": "deceleration", "architecture_regime_label": "Deceleration", "architecture_modifier": "Recompressing", "architecture_gate": "up", "architecture_direction": 42.882, "architecture_energy": 37.416, "architecture_maturity": 62.608, "architecture_confidence": 72.893, "architecture_tenure": "New", "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": 27.41, "rotation_up": 26.89, "upward_expansion": 63.33, "deceleration": 91.17, "rotation_down": 27.99, "downward_expansion": 27.0 }, "activity_lines": [ 19.7546, 19.944182, 19.567895, 19.104813 ], "activity_state": "Wide", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.166667 }, "latest_close": 19.9, "trend_reference": 18.596466, "distance_from_trend": 0.070096, "trend_direction": "Improving", "fair_value": 16.592103, "distance_from_fair_value": 0.199366, "fair_value_direction": "Improving", "relative_strength": -5.860187, "relative_strength_direction": "Improving", "price_momentum": 0.126713, "excess_performance": -0.044179, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.070096, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.043956, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.199366, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.037977, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.058602, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.007061, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.126713, "read": "Positive" }, { "label": "Volume balance", "positive": false, "value": 0.20863, "read": "Supply-led" } ], "volume": { "latest": 91, "relative_activity": 0.052876, "balance": 0.20863, "dry_up": 1.819872, "accumulation_observations": 1, "distribution_observations": 2 }, "risk": { "range_context": 0.018044, "annualized_volatility": 0.131133, "from_high_reference": -0.035853, "from_low_reference": 0.184524 }, "levels": { "trend_reference": 18.596466, "fair_value_reference": 16.592103, "structural_low": 16.799999, "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 4, "median_return": 0.019723, "positive_rate": 1.0, "directional_follow_through": 1.0, "median_excess_return": -0.006169, "regime_survival": 0.0, "best_return": 0.049023, "worst_return": 0.00795, "sufficient": false }, { "horizon": "Intermediate", "sample_count": 4, "median_return": 0.063631, "positive_rate": 1.0, "directional_follow_through": 1.0, "median_excess_return": 0.033401, "regime_survival": 0.0, "best_return": 0.110236, "worst_return": 0.019761, "sufficient": false }, { "horizon": "Extended", "sample_count": 3, "median_return": 0.109042, "positive_rate": 1.0, "directional_follow_through": 1.0, "median_excess_return": 0.061375, "regime_survival": 0.0, "best_return": 0.257111, "worst_return": 0.094151, "sufficient": false }, { "horizon": "Full cycle", "sample_count": 1, "median_return": 0.411377, "positive_rate": 1.0, "directional_follow_through": 1.0, "median_excess_return": 0.196376, "regime_survival": 0.0, "best_return": 0.411377, "worst_return": 0.411377, "sufficient": false } ], "ledger": [ { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-03-14", "end": "2025-03-21", "tenure": "New", "return": 0.012058, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-03-28", "end": "2025-04-04", "tenure": "New", "return": -0.089625, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-04-11", "end": "2025-06-20", "tenure": "Developing", "return": 0.102364, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-06-27", "end": "2025-07-18", "tenure": "New", "return": 0.010335, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-07-25", "end": "2025-08-01", "tenure": "New", "return": -0.013551, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-08-08", "end": "2025-11-21", "tenure": "Established", "return": 0.014178, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-11-28", "end": "2025-12-12", "tenure": "New", "return": -0.000681, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-12-19", "end": "2026-03-06", "tenure": "Developing", "return": 0.015265, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-03-13", "end": "2026-03-20", "tenure": "New", "return": -0.030479, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2026-03-27", "end": "2026-04-17", "tenure": "New", "return": 0.023221, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-04-24", "end": "2026-05-01", "tenure": "New", "return": 0.004562, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2026-05-08", "end": "2026-05-15", "tenure": "New", "return": -0.003123, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-05-22", "end": "2026-07-31", "tenure": "Developing", "return": 0.009683, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-08-07", "end": "2026-08-07", "tenure": "New", "return": 0.0, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 12.75, "volume": 0, "typical_volume": 736.1, "trend": 12.115867, "fair_value": 11.307902, "relative_strength": 2.244775, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.604621, "energy": 67.164148, "activity_lines": [ 12.768133, 12.725527, 12.540257, 12.356757 ] }, { "date": "2023-08-25", "close": 12.67, "volume": 1376, "typical_volume": 804.9, "trend": 12.158867, "fair_value": 11.321126, "relative_strength": 0.198499, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.579093, "energy": 65.014859, "activity_lines": [ 12.7312, 12.727636, 12.5716, 12.392508 ] }, { "date": "2023-09-01", "close": 12.988, "volume": 3338, "typical_volume": 715.8, "trend": 12.209333, "fair_value": 11.337154, "relative_strength": 1.312422, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 89.810385, "energy": 73.846849, "activity_lines": [ 12.808, 12.782145, 12.628819, 12.446 ] }, { "date": "2023-09-08", "close": 12.902, "volume": 1839, "typical_volume": 682.75, "trend": 12.2484, "fair_value": 11.352057, "relative_strength": 2.280639, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 74.424275, "energy": 68.463962, "activity_lines": [ 12.848133, 12.811564, 12.672105, 12.490688 ] }, { "date": "2023-09-15", "close": 13.074, "volume": 6790, "typical_volume": 1022.25, "trend": 12.2932, "fair_value": 11.368302, "relative_strength": 1.439351, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 85.181211, "energy": 72.573011, "activity_lines": [ 12.935467, 12.864364, 12.726952, 12.543953 ] }, { "date": "2023-09-22", "close": 12.71, "volume": 8825, "typical_volume": 1418.85, "trend": 12.3274, "fair_value": 11.380841, "relative_strength": 0.021772, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.811639, "energy": 63.496102, "activity_lines": [ 12.879867, 12.844364, 12.741495, 12.570843 ] }, { "date": "2023-09-29", "close": 12.712, "volume": 29136, "typical_volume": 2873.15, "trend": 12.361667, "fair_value": 11.393167, "relative_strength": 1.452433, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 58.994051, "energy": 48.580861, "activity_lines": [ 12.8276, 12.823855, 12.751838, 12.595656 ] }, { "date": "2023-10-06", "close": 12.446, "volume": 539, "typical_volume": 2895.1, "trend": 12.385067, "fair_value": 11.402826, "relative_strength": 1.09509, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 14.982698, "energy": 15.615903, "activity_lines": [ 12.683867, 12.756327, 12.733362, 12.601097 ] }, { "date": "2023-10-13", "close": 12.446, "volume": 0, "typical_volume": 2832.75, "trend": 12.408467, "fair_value": 11.412309, "relative_strength": -0.183504, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -10.075722, "energy": 28.710299, "activity_lines": [ 12.576267, 12.696473, 12.712971, 12.605028 ] }, { "date": "2023-10-20", "close": 12.226, "volume": 90, "typical_volume": 2832.25, "trend": 12.424533, "fair_value": 11.41964, "relative_strength": 1.365233, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -25.149851, "energy": 41.337891, "activity_lines": [ 12.425733, 12.602145, 12.671276, 12.593256 ] }, { "date": "2023-10-27", "close": 12.152, "volume": 1056, "typical_volume": 2885.05, "trend": 12.438133, "fair_value": 11.426179, "relative_strength": 1.085106, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -46.29648, "energy": 61.728088, "activity_lines": [ 12.307067, 12.503891, 12.623229, 12.575673 ] }, { "date": "2023-11-03", "close": 12.518, "volume": 1749, "typical_volume": 2972.5, "trend": 12.463933, "fair_value": 11.435841, "relative_strength": -0.863814, "stage": 2, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -26.425251, "energy": 53.766095, "activity_lines": [ 12.3476, 12.483055, 12.611086, 12.580826 ] }, { "date": "2023-11-10", "close": 12.67, "volume": 72, "typical_volume": 2818.95, "trend": 12.493533, "fair_value": 11.446667, "relative_strength": 0.860015, "stage": 2, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -13.410522, "energy": 24.898691, "activity_lines": [ 12.451733, 12.492618, 12.612724, 12.59412 ] }, { "date": "2023-11-17", "close": 12.67, "volume": 0, "typical_volume": 2818.95, "trend": 12.519533, "fair_value": 11.457304, "relative_strength": -2.570116, "stage": 2, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": 6.944879, "energy": 7.571252, "activity_lines": [ 12.540933, 12.507964, 12.6134, 12.605505 ] }, { "date": "2023-11-24", "close": 13.03, "volume": 272, "typical_volume": 2830.6, "trend": 12.557533, "fair_value": 11.470862, "relative_strength": 0.329513, "stage": 2, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "up", "direction": 60.253409, "energy": 42.266756, "activity_lines": [ 12.7352, 12.592982, 12.6474, 12.638439 ] }, { "date": "2023-12-01", "close": 13.15, "volume": 192, "typical_volume": 2820.2, "trend": 12.602933, "fair_value": 11.485214, "relative_strength": -0.495495, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 79.237797, "energy": 58.422061, "activity_lines": [ 12.915867, 12.700618, 12.691305, 12.676662 ] }, { "date": "2023-12-08", "close": 13.168, "volume": 4277, "typical_volume": 3014.05, "trend": 12.642533, "fair_value": 11.499475, "relative_strength": -1.936558, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 78.093318, "energy": 80.70798, "activity_lines": [ 13.036, 12.803527, 12.7346, 12.713118 ] }, { "date": "2023-12-15", "close": 13.168, "volume": 0, "typical_volume": 2989.05, "trend": 12.68, "fair_value": 11.513496, "relative_strength": -1.813248, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 74.734186, "energy": 85.75382, "activity_lines": [ 13.1128, 12.898145, 12.776076, 12.747019 ] }, { "date": "2023-12-22", "close": 13.51, "volume": 1175, "typical_volume": 3036.3, "trend": 12.717933, "fair_value": 11.530133, "relative_strength": 0.767592, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 91.653409, "energy": 96.228765, "activity_lines": [ 13.2704, 13.041818, 12.848695, 12.800568 ] }, { "date": "2023-12-29", "close": 13.556, "volume": 2520, "typical_volume": 3162.3, "trend": 12.7574, "fair_value": 11.546876, "relative_strength": 1.139998, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 87.536694, "energy": 94.861422, "activity_lines": [ 13.387333, 13.174509, 12.922076, 12.854637 ] }, { "date": "2024-01-05", "close": 13.448, "volume": 12542, "typical_volume": 3789.4, "trend": 12.793267, "fair_value": 11.562459, "relative_strength": -0.027566, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 71.679506, "energy": 89.460333, "activity_lines": [ 13.4332, 13.263382, 12.981333, 12.899191 ] }, { "date": "2024-01-12", "close": 13.818, "volume": 1085, "typical_volume": 3774.85, "trend": 12.841467, "fair_value": 11.580797, "relative_strength": 2.534985, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 91.555679, "energy": 96.225221, "activity_lines": [ 13.582533, 13.395964, 13.072505, 12.965303 ] }, { "date": "2024-01-19", "close": 13.912, "volume": 2369, "typical_volume": 3726.4, "trend": 12.8896, "fair_value": 11.599597, "relative_strength": 3.789219, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 91.015905, "energy": 96.493822, "activity_lines": [ 13.719867, 13.522, 13.167162, 13.03437 ] }, { "date": "2024-01-26", "close": 14.198, "volume": 1547, "typical_volume": 3711.8, "trend": 12.947267, "fair_value": 11.620384, "relative_strength": 5.422692, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 95.175108, "energy": 97.904897, "activity_lines": [ 13.902933, 13.677455, 13.284657, 13.118783 ] }, { "date": "2024-02-02", "close": 14.476, "volume": 1041, "typical_volume": 3424.35, "trend": 13.006133, "fair_value": 11.643048, "relative_strength": 6.091197, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 97.212783, "energy": 98.960691, "activity_lines": [ 14.1328, 13.855673, 13.422457, 13.217411 ] }, { "date": "2024-02-09", "close": 14.702, "volume": 5737, "typical_volume": 3269.95, "trend": 13.074133, "fair_value": 11.667134, "relative_strength": 6.041272, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 96.485461, "energy": 98.738953, "activity_lines": [ 14.376667, 14.048691, 13.575105, 13.326822 ] }, { "date": "2024-02-16", "close": 14.986, "volume": 13146, "typical_volume": 2470.45, "trend": 13.147467, "fair_value": 11.693062, "relative_strength": 5.90073, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 96.269223, "energy": 98.645861, "activity_lines": [ 14.6316, 14.265127, 13.745314, 13.450168 ] }, { "date": "2024-02-23", "close": 15.224, "volume": 1005, "typical_volume": 2493.75, "trend": 13.226, "fair_value": 11.720434, "relative_strength": 4.2482, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 95.651227, "energy": 98.459708, "activity_lines": [ 14.888, 14.491782, 13.927362, 13.584138 ] }, { "date": "2024-03-01", "close": 15.464, "volume": 1347, "typical_volume": 2561.1, "trend": 13.316467, "fair_value": 11.749231, "relative_strength": 4.91822, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 94.67093, "energy": 97.897758, "activity_lines": [ 15.136933, 14.724691, 14.119038, 13.728525 ] }, { "date": "2024-03-08", "close": 15.714, "volume": 8056, "typical_volume": 2959.4, "trend": 13.415267, "fair_value": 11.779496, "relative_strength": 4.934143, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 93.444934, "energy": 91.019147, "activity_lines": [ 15.3848, 14.967527, 14.320152, 13.883204 ] }, { "date": "2024-03-15", "close": 15.616, "volume": 4205, "typical_volume": 3116.85, "trend": 13.5108, "fair_value": 11.808561, "relative_strength": 2.635226, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 78.368419, "energy": 72.37239, "activity_lines": [ 15.517467, 15.153309, 14.495324, 14.025187 ] }, { "date": "2024-03-22", "close": 16.054001, "volume": 2975, "typical_volume": 3178.15, "trend": 13.6236, "fair_value": 11.840481, "relative_strength": 4.210758, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 91.571317, "energy": 76.98462, "activity_lines": [ 15.7352, 15.379309, 14.695714, 14.189265 ] }, { "date": "2024-03-29", "close": 16.042, "volume": 15219, "typical_volume": 3935.5, "trend": 13.7254, "fair_value": 11.871836, "relative_strength": 2.790602, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 83.023718, "energy": 73.966394, "activity_lines": [ 15.877734, 15.562473, 14.878124, 14.34529 ] }, { "date": "2024-04-05", "close": 15.662, "volume": 1595, "typical_volume": 4015.25, "trend": 13.8174, "fair_value": 11.899911, "relative_strength": 2.409298, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.473801, "energy": 68.574725, "activity_lines": [ 15.839067, 15.637818, 15.008286, 14.470232 ] }, { "date": "2024-04-12", "close": 15.646, "volume": 2958, "typical_volume": 4149.55, "trend": 13.903133, "fair_value": 11.927456, "relative_strength": 2.874133, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.954009, "energy": 67.666447, "activity_lines": [ 15.781867, 15.683636, 15.122676, 14.588207 ] }, { "date": "2024-04-19", "close": 15.266, "volume": 610, "typical_volume": 4170.45, "trend": 13.988333, "fair_value": 11.951825, "relative_strength": -0.183562, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 54.362729, "energy": 58.734222, "activity_lines": [ 15.602533, 15.639091, 15.188419, 14.676133 ] }, { "date": "2024-04-26", "close": 15.364, "volume": 1144, "typical_volume": 4013.8, "trend": 14.076733, "fair_value": 11.976551, "relative_strength": -0.544988, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 48.141623, "energy": 46.868486, "activity_lines": [ 15.4792, 15.602109, 15.253419, 14.764886 ] }, { "date": "2024-05-03", "close": 15.462, "volume": 392, "typical_volume": 4033.4, "trend": 14.177267, "fair_value": 12.001626, "relative_strength": 1.812814, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 44.047434, "energy": 40.788866, "activity_lines": [ 15.434533, 15.576073, 15.317295, 14.854258 ] }, { "date": "2024-05-10", "close": 15.72, "volume": 27, "typical_volume": 3976.0, "trend": 14.2864, "fair_value": 12.028186, "relative_strength": 0.37498, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 53.756307, "energy": 43.248459, "activity_lines": [ 15.514533, 15.592618, 15.394819, 14.953789 ] }, { "date": "2024-05-17", "close": 16.048, "volume": 1688, "typical_volume": 3934.4, "trend": 14.4138, "fair_value": 12.056695, "relative_strength": 0.254468, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 80.165197, "energy": 61.178569, "activity_lines": [ 15.7, 15.664145, 15.493057, 15.067441 ] }, { "date": "2024-05-24", "close": 16.24, "volume": 840, "typical_volume": 3349.3, "trend": 14.550067, "fair_value": 12.086155, "relative_strength": 4.090674, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 84.386401, "energy": 71.402589, "activity_lines": [ 15.922667, 15.764509, 15.597714, 15.18526 ] }, { "date": "2024-05-31", "close": 16.219999, "volume": 22753, "typical_volume": 4432.7, "trend": 14.673467, "fair_value": 12.115063, "relative_strength": 3.901232, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 77.610273, "energy": 83.497105, "activity_lines": [ 16.073733, 15.849891, 15.687171, 15.292998 ] }, { "date": "2024-06-07", "close": 16.642, "volume": 5777, "typical_volume": 4603.1, "trend": 14.805867, "fair_value": 12.1465, "relative_strength": 5.976697, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 89.558179, "energy": 94.933127, "activity_lines": [ 16.3084, 16.008982, 15.805381, 15.42 ] }, { "date": "2024-06-14", "close": 16.76, "volume": 2716, "typical_volume": 4661.55, "trend": 14.9422, "fair_value": 12.178317, "relative_strength": 12.915597, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 88.19296, "energy": 95.318154, "activity_lines": [ 16.503733, 16.178618, 15.921829, 15.546073 ] }, { "date": "2024-06-21", "close": 16.889999, "volume": 18466, "typical_volume": 5532.8, "trend": 15.070867, "fair_value": 12.210589, "relative_strength": 11.361113, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 86.334564, "energy": 94.562077, "activity_lines": [ 16.673066, 16.351927, 16.038457, 15.671738 ] }, { "date": "2024-06-28", "close": 16.788, "volume": 6107, "typical_volume": 5551.3, "trend": 15.192133, "fair_value": 12.241728, "relative_strength": 10.902938, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 72.749233, "energy": 88.531719, "activity_lines": [ 16.752266, 16.484072, 16.133876, 15.78252 ] }, { "date": "2024-07-05", "close": 16.788, "volume": 7384, "typical_volume": 5263.2, "trend": 15.3128, "fair_value": 12.272446, "relative_strength": 8.01607, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 68.266565, "energy": 80.421254, "activity_lines": [ 16.794933, 16.588545, 16.219362, 15.885479 ] }, { "date": "2024-07-12", "close": 17.209999, "volume": 4259, "typical_volume": 5425.9, "trend": 15.447533, "fair_value": 12.305584, "relative_strength": 8.577098, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 87.134679, "energy": 74.512088, "activity_lines": [ 16.9404, 16.743854, 16.336457, 16.007879 ] }, { "date": "2024-07-19", "close": 16.684, "volume": 8662, "typical_volume": 5791.65, "trend": 15.553333, "fair_value": 12.334773, "relative_strength": 6.183214, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.834148, "energy": 65.284107, "activity_lines": [ 16.872666, 16.771745, 16.394, 16.087651 ] }, { "date": "2024-07-26", "close": 16.518, "volume": 5008, "typical_volume": 5639.25, "trend": 15.652067, "fair_value": 12.362477, "relative_strength": 6.150241, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 61.912229, "energy": 56.249777, "activity_lines": [ 16.754666, 16.751927, 16.429924, 16.149888 ] }, { "date": "2024-08-02", "close": 15.888, "volume": 3867, "typical_volume": 5622.35, "trend": 15.7334, "fair_value": 12.385671, "relative_strength": 7.593519, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 23.235679, "energy": 21.549383, "activity_lines": [ 16.451467, 16.609018, 16.402019, 16.16511 ] }, { "date": "2024-08-09", "close": 15.946, "volume": 3852, "typical_volume": 5666.2, "trend": 15.804333, "fair_value": 12.408941, "relative_strength": 8.56158, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 9.184719, "energy": 23.562901, "activity_lines": [ 16.2276, 16.483054, 16.378343, 16.178826 ] }, { "date": "2024-08-16", "close": 16.700001, "volume": 5552, "typical_volume": 5182.85, "trend": 15.897267, "fair_value": 12.436805, "relative_strength": 9.152919, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 36.09532, "energy": 29.464361, "activity_lines": [ 16.3112, 16.499164, 16.42699, 16.236611 ] }, { "date": "2024-08-23", "close": 16.903999, "volume": 32560, "typical_volume": 6731.1, "trend": 15.987467, "fair_value": 12.465626, "relative_strength": 8.247588, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 47.872155, "energy": 26.385514, "activity_lines": [ 16.4968, 16.551309, 16.491933, 16.301561 ] }, { "date": "2024-08-30", "close": 17.042, "volume": 11890, "typical_volume": 7177.7, "trend": 16.073, "fair_value": 12.494962, "relative_strength": 6.648178, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 67.016541, "energy": 41.499811, "activity_lines": [ 16.713733, 16.625927, 16.564105, 16.369596 ] }, { "date": "2024-09-06", "close": 16.288, "volume": 17247, "typical_volume": 8009.55, "trend": 16.125867, "fair_value": 12.530013, "relative_strength": 5.102183, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 42.397542, "energy": 33.403005, "activity_lines": [ 16.6444, 16.560691, 16.557819, 16.383467 ] }, { "date": "2024-09-13", "close": 16.978001, "volume": 5392, "typical_volume": 8221.95, "trend": 16.192267, "fair_value": 12.569487, "relative_strength": 8.411773, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 61.05958, "energy": 43.821168, "activity_lines": [ 16.7784, 16.63, 16.612381, 16.438443 ] }, { "date": "2024-09-20", "close": 16.958, "volume": 7784, "typical_volume": 8591.55, "trend": 16.250067, "fair_value": 12.608833, "relative_strength": 7.407265, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 59.921057, "energy": 45.276125, "activity_lines": [ 16.836934, 16.692218, 16.657352, 16.487845 ] }, { "date": "2024-09-27", "close": 17.33, "volume": 11792, "typical_volume": 9179.8, "trend": 16.312267, "fair_value": 12.650564, "relative_strength": 6.498943, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 70.219334, "energy": 47.838361, "activity_lines": [ 17.002267, 16.826655, 16.730629, 16.557518 ] }, { "date": "2024-10-04", "close": 17.271999, "volume": 6559, "typical_volume": 9423.35, "trend": 16.3642, "fair_value": 12.693615, "relative_strength": 9.423128, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.319654, "energy": 63.329098, "activity_lines": [ 17.119866, 16.9388, 16.790714, 16.619436 ] }, { "date": "2024-10-11", "close": 17.566, "volume": 3405, "typical_volume": 9551.6, "trend": 16.4292, "fair_value": 12.738551, "relative_strength": 8.652888, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 73.169695, "energy": 72.457854, "activity_lines": [ 17.320133, 17.090691, 16.872971, 16.696972 ] }, { "date": "2024-10-18", "close": 17.702, "volume": 9981, "typical_volume": 8913.0, "trend": 16.484133, "fair_value": 12.784359, "relative_strength": 6.464275, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 76.949404, "energy": 79.112377, "activity_lines": [ 17.480533, 17.2368, 16.961867, 16.779088 ] }, { "date": "2024-10-25", "close": 17.476, "volume": 4247, "typical_volume": 8836.5, "trend": 16.531933, "fair_value": 12.828718, "relative_strength": 6.151435, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 64.494137, "energy": 72.875227, "activity_lines": [ 17.517333, 17.309891, 17.022181, 16.843079 ] }, { "date": "2024-11-01", "close": 17.148001, "volume": 4738, "typical_volume": 8937.6, "trend": 16.581467, "fair_value": 12.864859, "relative_strength": 4.214083, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 61.484983, "energy": 60.248294, "activity_lines": [ 17.410267, 17.309236, 17.047286, 16.882826 ] }, { "date": "2024-11-08", "close": 17.535999, "volume": 11214, "typical_volume": 8575.0, "trend": 16.644467, "fair_value": 12.903487, "relative_strength": 8.952165, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.103311, "energy": 47.675766, "activity_lines": [ 17.444667, 17.374691, 17.107495, 16.944409 ] }, { "date": "2024-11-15", "close": 17.271999, "volume": 9116, "typical_volume": 8725.45, "trend": 16.711333, "fair_value": 12.93832, "relative_strength": 5.811647, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 45.705455, "energy": 32.866448, "activity_lines": [ 17.373466, 17.383163, 17.139486, 16.984894 ] }, { "date": "2024-11-22", "close": 17.634001, "volume": 6828, "typical_volume": 8697.65, "trend": 16.787, "fair_value": 12.975372, "relative_strength": 9.906544, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.459907, "energy": 39.481516, "activity_lines": [ 17.442533, 17.439564, 17.203648, 17.044421 ] }, { "date": "2024-11-29", "close": 17.618, "volume": 4288, "typical_volume": 8699.1, "trend": 16.858867, "fair_value": 13.014487, "relative_strength": 9.682823, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 62.883011, "energy": 43.121663, "activity_lines": [ 17.5108, 17.481127, 17.262257, 17.098034 ] }, { "date": "2024-12-06", "close": 17.858, "volume": 7423, "typical_volume": 8637.15, "trend": 16.930133, "fair_value": 13.055141, "relative_strength": 6.561408, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 72.680198, "energy": 55.476767, "activity_lines": [ 17.6496, 17.554327, 17.341781, 17.162495 ] }, { "date": "2024-12-13", "close": 17.507999, "volume": 9492, "typical_volume": 8861.35, "trend": 16.9788, "fair_value": 13.093551, "relative_strength": 3.774071, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 59.987981, "energy": 54.099604, "activity_lines": [ 17.6244, 17.554291, 17.382381, 17.199776 ] }, { "date": "2024-12-20", "close": 17.1, "volume": 5081, "typical_volume": 8922.05, "trend": 17.007467, "fair_value": 13.129346, "relative_strength": 4.471877, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 34.050737, "energy": 25.404273, "activity_lines": [ 17.465066, 17.475782, 17.379409, 17.207596 ] }, { "date": "2024-12-27", "close": 17.01, "volume": 14120, "typical_volume": 9435.45, "trend": 17.0338, "fair_value": 13.164564, "relative_strength": 2.511718, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 17.84311, "energy": 12.612772, "activity_lines": [ 17.2872, 17.389382, 17.362095, 17.207759 ] }, { "date": "2025-01-03", "close": 17.403999, "volume": 16689, "typical_volume": 9992.3, "trend": 17.0592, "fair_value": 13.202308, "relative_strength": 4.704922, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 26.902765, "energy": 21.083357, "activity_lines": [ 17.282266, 17.3872, 17.377238, 17.231643 ] }, { "date": "2025-01-10", "close": 17.247999, "volume": 1657, "typical_volume": 8447.15, "trend": 17.075467, "fair_value": 13.237885, "relative_strength": 0.770208, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 12.754093, "energy": 17.434943, "activity_lines": [ 17.239599, 17.357963, 17.374171, 17.243823 ] }, { "date": "2025-01-17", "close": 17.506001, "volume": 3133, "typical_volume": 8009.3, "trend": 17.096, "fair_value": 13.275115, "relative_strength": -1.135271, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 23.934947, "energy": 14.21583, "activity_lines": [ 17.3236, 17.373818, 17.394038, 17.2716 ] }, { "date": "2025-01-24", "close": 17.598, "volume": 7385, "typical_volume": 7516.2, "trend": 17.123, "fair_value": 13.316154, "relative_strength": -0.505278, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 43.391237, "energy": 24.23006, "activity_lines": [ 17.4384, 17.406945, 17.420457, 17.303987 ] }, { "date": "2025-01-31", "close": 17.606001, "volume": 3463, "typical_volume": 7419.75, "trend": 17.150267, "fair_value": 13.357244, "relative_strength": -1.244251, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 44.869444, "energy": 33.224307, "activity_lines": [ 17.522667, 17.4356, 17.4414, 17.335148 ] }, { "date": "2025-02-07", "close": 17.875999, "volume": 310, "typical_volume": 7046.05, "trend": 17.172467, "fair_value": 13.400064, "relative_strength": -1.350863, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 70.153163, "energy": 60.20322, "activity_lines": [ 17.6572, 17.513854, 17.485067, 17.38197 ] }, { "date": "2025-02-14", "close": 17.82, "volume": 3140, "typical_volume": 6613.45, "trend": 17.210333, "fair_value": 13.442526, "relative_strength": -4.035813, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.694013, "energy": 64.868953, "activity_lines": [ 17.7416, 17.577236, 17.519028, 17.423746 ] }, { "date": "2025-02-21", "close": 17.966, "volume": 2785, "typical_volume": 6424.75, "trend": 17.2586, "fair_value": 13.485923, "relative_strength": -4.372859, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 72.382516, "energy": 72.108741, "activity_lines": [ 17.836533, 17.667854, 17.564562, 17.472499 ] }, { "date": "2025-02-28", "close": 17.638, "volume": 2648, "typical_volume": 6386.9, "trend": 17.316933, "fair_value": 13.527218, "relative_strength": -6.638353, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 59.51094, "energy": 57.967072, "activity_lines": [ 17.791467, 17.690509, 17.575552, 17.496976 ] }, { "date": "2025-03-07", "close": 17.247999, "volume": 2736, "typical_volume": 6024.65, "trend": 17.360333, "fair_value": 13.568295, "relative_strength": -8.471398, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 23.180148, "energy": 17.099375, "activity_lines": [ 17.613733, 17.632473, 17.549057, 17.492529 ] }, { "date": "2025-03-14", "close": 16.752001, "volume": 9321, "typical_volume": 6278.35, "trend": 17.362067, "fair_value": 13.606192, "relative_strength": -11.152508, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -23.807465, "energy": 23.719335, "activity_lines": [ 17.294533, 17.479927, 17.477486, 17.453282 ] }, { "date": "2025-03-21", "close": 16.954, "volume": 475, "typical_volume": 6065.2, "trend": 17.363733, "fair_value": 13.645385, "relative_strength": -10.842339, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -31.174173, "energy": 39.442702, "activity_lines": [ 17.1176, 17.375964, 17.4286, 17.426955 ] }, { "date": "2025-03-28", "close": 16.848, "volume": 28, "typical_volume": 5505.9, "trend": 17.357267, "fair_value": 13.679167, "relative_strength": -10.626192, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -43.121554, "energy": 63.708517, "activity_lines": [ 16.963067, 17.258073, 17.370543, 17.393682 ] }, { "date": "2025-04-04", "close": 15.338, "volume": 4344, "typical_volume": 5267.3, "trend": 17.3256, "fair_value": 13.702462, "relative_strength": -8.96792, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -96.507696, "energy": 96.660454, "activity_lines": [ 16.379733, 16.8776, 17.171952, 17.263406 ] }, { "date": "2025-04-11", "close": 15.142, "volume": 2034, "typical_volume": 5027.6, "trend": 17.2644, "fair_value": 13.72632, "relative_strength": -8.424457, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -94.332615, "energy": 97.068495, "activity_lines": [ 15.8844, 16.502582, 16.963905, 17.122529 ] }, { "date": "2025-04-18", "close": 15.508, "volume": 2844, "typical_volume": 4955.4, "trend": 17.216067, "fair_value": 13.753256, "relative_strength": -11.232443, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -76.066509, "energy": 90.909817, "activity_lines": [ 15.651467, 16.238909, 16.802581, 17.009213 ] }, { "date": "2025-04-25", "close": 15.886, "volume": 320, "typical_volume": 4600.25, "trend": 17.167933, "fair_value": 13.782615, "relative_strength": -12.318767, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.984945, "energy": 87.620844, "activity_lines": [ 15.627467, 16.087018, 16.687305, 16.923402 ] }, { "date": "2025-05-02", "close": 16.534, "volume": 317, "typical_volume": 4141.5, "trend": 17.143333, "fair_value": 13.816128, "relative_strength": -10.975317, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.388512, "energy": 58.440244, "activity_lines": [ 15.890667, 16.088109, 16.643133, 16.882503 ] }, { "date": "2025-05-09", "close": 16.612, "volume": 1260, "typical_volume": 3950.45, "trend": 17.111533, "fair_value": 13.850141, "relative_strength": -12.81317, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -47.377097, "energy": 36.867592, "activity_lines": [ 16.2008, 16.129418, 16.611029, 16.848224 ] }, { "date": "2025-05-16", "close": 16.969999, "volume": 1269, "typical_volume": 3307.9, "trend": 17.087133, "fair_value": 13.886449, "relative_strength": -13.628144, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -28.265786, "energy": 25.847436, "activity_lines": [ 16.545333, 16.254473, 16.615343, 16.839092 ] }, { "date": "2025-05-23", "close": 16.969999, "volume": 0, "typical_volume": 2473.45, "trend": 17.070267, "fair_value": 13.922756, "relative_strength": -10.898887, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -17.205013, "energy": 28.042505, "activity_lines": [ 16.767999, 16.384581, 16.619847, 16.831535 ] }, { "date": "2025-05-30", "close": 16.940001, "volume": 1471, "typical_volume": 2464.15, "trend": 17.063333, "fair_value": 13.960282, "relative_strength": -12.247531, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -13.915853, "energy": 26.660047, "activity_lines": [ 16.8832, 16.505273, 16.623562, 16.823131 ] }, { "date": "2025-06-06", "close": 16.982, "volume": 240, "typical_volume": 2319.5, "trend": 17.044867, "fair_value": 13.998513, "relative_strength": -12.930577, "stage": 3, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -1.279813, "energy": 21.053559, "activity_lines": [ 16.942133, 16.633854, 16.632743, 16.817884 ] }, { "date": "2025-06-13", "close": 17.091999, "volume": 376, "typical_volume": 1969.05, "trend": 17.038867, "fair_value": 14.040833, "relative_strength": -9.493603, "stage": 3, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": 5.1487, "energy": 22.293321, "activity_lines": [ 17.007866, 16.78, 16.654895, 16.820925 ] }, { "date": "2025-06-20", "close": 16.691999, "volume": 713, "typical_volume": 1831.55, "trend": 17.007466, "fair_value": 14.08059, "relative_strength": -10.850952, "stage": 3, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -2.302499, "energy": 13.846199, "activity_lines": [ 16.908266, 16.821527, 16.641362, 16.798546 ] }, { "date": "2025-06-27", "close": 16.836, "volume": 891, "typical_volume": 1860.6, "trend": 16.9814, "fair_value": 14.121269, "relative_strength": -10.941147, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -4.951571, "energy": 10.898006, "activity_lines": [ 16.8752, 16.861054, 16.645895, 16.787484 ] }, { "date": "2025-07-04", "close": 16.912001, "volume": 445, "typical_volume": 1725.85, "trend": 16.949867, "fair_value": 14.162436, "relative_strength": -10.024074, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -11.870324, "energy": 12.790486, "activity_lines": [ 16.8764, 16.890254, 16.662619, 16.783006 ] }, { "date": "2025-07-11", "close": 17.059999, "volume": 285, "typical_volume": 1600.85, "trend": 16.934933, "fair_value": 14.202154, "relative_strength": -10.006701, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 8.171992, "energy": 14.382538, "activity_lines": [ 16.9288, 16.927709, 16.697762, 16.790112 ] }, { "date": "2025-07-18", "close": 17.01, "volume": 1377, "typical_volume": 1537.3, "trend": 16.931933, "fair_value": 14.241551, "relative_strength": -10.552563, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 23.620985, "energy": 35.032583, "activity_lines": [ 16.959333, 16.946509, 16.732457, 16.794955 ] }, { "date": "2025-07-25", "close": 17.120001, "volume": 1977, "typical_volume": 1499.35, "trend": 16.9356, "fair_value": 14.281654, "relative_strength": -10.641006, "stage": 3, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 31.36066, "energy": 49.674674, "activity_lines": [ 17.032, 16.978073, 16.780619, 16.807088 ] }, { "date": "2025-08-01", "close": 16.888, "volume": 6886, "typical_volume": 1377.6, "trend": 16.9184, "fair_value": 14.320269, "relative_strength": -9.853492, "stage": 3, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 30.833264, "energy": 42.14883, "activity_lines": [ 16.9988, 16.964727, 16.807295, 16.804017 ] }, { "date": "2025-08-08", "close": 17.068001, "volume": 2837, "typical_volume": 1495.7, "trend": 16.9124, "fair_value": 14.360038, "relative_strength": -12.242182, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "mixed", "direction": 36.217649, "energy": 37.251008, "activity_lines": [ 17.022134, 16.9856, 16.850467, 16.813669 ] }, { "date": "2025-08-15", "close": 17.1, "volume": 180, "typical_volume": 1503.3, "trend": 16.898867, "fair_value": 14.400013, "relative_strength": -13.830061, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "mixed", "direction": 39.427198, "energy": 46.570854, "activity_lines": [ 17.045734, 17.009964, 16.896143, 16.825772 ] }, { "date": "2025-08-22", "close": 17.256001, "volume": 59, "typical_volume": 1289.05, "trend": 16.887467, "fair_value": 14.440987, "relative_strength": -13.991592, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "mixed", "direction": 47.912558, "energy": 50.554808, "activity_lines": [ 17.118667, 17.060546, 16.955476, 16.848813 ] }, { "date": "2025-08-29", "close": 17.256001, "volume": 0, "typical_volume": 1187.35, "trend": 16.8758, "fair_value": 14.481962, "relative_strength": -11.401493, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "mixed", "direction": 46.159932, "energy": 65.526989, "activity_lines": [ 17.175201, 17.108146, 17.005676, 16.872589 ] }, { "date": "2025-09-05", "close": 16.974001, "volume": 436, "typical_volume": 1066.95, "trend": 16.845733, "fair_value": 14.521128, "relative_strength": -11.317349, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 59.518149, "energy": 59.192384, "activity_lines": [ 17.128668, 17.094219, 17.018953, 16.878925 ] }, { "date": "2025-09-12", "close": 17.468, "volume": 2894, "typical_volume": 1195.65, "trend": 16.834, "fair_value": 14.563462, "relative_strength": -10.433165, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 82.773495, "energy": 70.294769, "activity_lines": [ 17.241067, 17.167601, 17.072296, 16.919071 ] }, { "date": "2025-09-19", "close": 17.292, "volume": 5, "typical_volume": 1180.05, "trend": 16.811533, "fair_value": 14.604667, "relative_strength": -10.451537, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.269282, "energy": 61.981749, "activity_lines": [ 17.268134, 17.198873, 17.101343, 16.94862 ] }, { "date": "2025-09-26", "close": 17.318001, "volume": 1000, "typical_volume": 1167.05, "trend": 16.800867, "fair_value": 14.649, "relative_strength": -10.669404, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.570303, "energy": 52.978733, "activity_lines": [ 17.291067, 17.230655, 17.129258, 16.981295 ] }, { "date": "2025-10-03", "close": 17.596001, "volume": 9342, "typical_volume": 1570.7, "trend": 16.812467, "fair_value": 14.695026, "relative_strength": -10.111228, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 84.21992, "energy": 81.335865, "activity_lines": [ 17.402534, 17.307382, 17.180286, 17.032594 ] }, { "date": "2025-10-10", "close": 17.538, "volume": 2804, "typical_volume": 1710.9, "trend": 16.838667, "fair_value": 14.740679, "relative_strength": -7.456076, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 72.329798, "energy": 75.116099, "activity_lines": [ 17.472, 17.36491, 17.22281, 17.079402 ] }, { "date": "2025-10-17", "close": 17.73, "volume": 1435, "typical_volume": 1709.1, "trend": 16.864533, "fair_value": 14.787564, "relative_strength": -5.477604, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 84.546861, "energy": 86.171185, "activity_lines": [ 17.567867, 17.445528, 17.280915, 17.136908 ] }, { "date": "2025-10-24", "close": 17.73, "volume": 0, "typical_volume": 1697.1, "trend": 16.893933, "fair_value": 14.834449, "relative_strength": -6.759231, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 78.779891, "energy": 89.389269, "activity_lines": [ 17.646267, 17.514109, 17.335258, 17.192744 ] }, { "date": "2025-10-31", "close": 17.856001, "volume": 600, "typical_volume": 1708.3, "trend": 16.977867, "fair_value": 14.882141, "relative_strength": -7.270433, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 84.061736, "energy": 92.563077, "activity_lines": [ 17.737467, 17.594146, 17.398039, 17.254813 ] }, { "date": "2025-11-07", "close": 17.358, "volume": 24859, "typical_volume": 2915.6, "trend": 17.051734, "fair_value": 14.926641, "relative_strength": -8.868462, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.814734, "energy": 59.974065, "activity_lines": [ 17.6268, 17.572728, 17.409753, 17.279338 ] }, { "date": "2025-11-14", "close": 17.577999, "volume": 1577, "typical_volume": 2949.9, "trend": 17.120733, "fair_value": 14.972551, "relative_strength": -9.558771, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 60.498593, "energy": 47.635877, "activity_lines": [ 17.605333, 17.589455, 17.439248, 17.313291 ] }, { "date": "2025-11-21", "close": 17.309999, "volume": 1168, "typical_volume": 2986.05, "trend": 17.1682, "fair_value": 15.016744, "relative_strength": -7.669665, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 38.456482, "energy": 24.914383, "activity_lines": [ 17.491866, 17.546473, 17.439686, 17.325501 ] }, { "date": "2025-11-28", "close": 17.610001, "volume": 1778, "typical_volume": 3060.7, "trend": 17.204067, "fair_value": 15.062859, "relative_strength": -7.082805, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 40.310763, "energy": 23.7044, "activity_lines": [ 17.5064, 17.560909, 17.4668, 17.354005 ] }, { "date": "2025-12-05", "close": 17.766001, "volume": 406, "typical_volume": 3012.15, "trend": 17.242534, "fair_value": 15.109974, "relative_strength": -5.990049, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 55.030483, "energy": 31.612929, "activity_lines": [ 17.580934, 17.597927, 17.506153, 17.390258 ] }, { "date": "2025-12-12", "close": 17.598, "volume": 2019, "typical_volume": 3014.25, "trend": 17.263467, "fair_value": 15.156013, "relative_strength": -6.650529, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 49.100979, "energy": 30.765182, "activity_lines": [ 17.605467, 17.596255, 17.525905, 17.413192 ] }, { "date": "2025-12-19", "close": 17.556, "volume": 1098, "typical_volume": 2724.85, "trend": 17.283, "fair_value": 15.201782, "relative_strength": -9.000444, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 50.160398, "energy": 34.925173, "activity_lines": [ 17.6, 17.586909, 17.539381, 17.432065 ] }, { "date": "2025-12-26", "close": 17.75, "volume": 100, "typical_volume": 2588.0, "trend": 17.31, "fair_value": 15.246795, "relative_strength": -7.269633, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 61.204634, "energy": 42.725311, "activity_lines": [ 17.660667, 17.612509, 17.568153, 17.462194 ] }, { "date": "2026-01-02", "close": 17.709999, "volume": 969, "typical_volume": 2627.45, "trend": 17.334267, "fair_value": 15.291551, "relative_strength": -8.552229, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 55.178185, "energy": 33.89664, "activity_lines": [ 17.678666, 17.630473, 17.589867, 17.488 ] }, { "date": "2026-01-09", "close": 18.288, "volume": 2854, "typical_volume": 2767.2, "trend": 17.374134, "fair_value": 15.337051, "relative_strength": -5.892153, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 83.01159, "energy": 65.509732, "activity_lines": [ 17.882666, 17.753891, 17.663724, 17.549531 ] }, { "date": "2026-01-16", "close": 18.316, "volume": 2841, "typical_volume": 2909.25, "trend": 17.428267, "fair_value": 15.381513, "relative_strength": -5.561098, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 81.549388, "energy": 81.591816, "activity_lines": [ 18.0612, 17.874545, 17.735333, 17.610297 ] }, { "date": "2026-01-23", "close": 17.823999, "volume": 3221, "typical_volume": 3048.5, "trend": 17.4612, "fair_value": 15.422821, "relative_strength": -5.734517, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 60.788256, "energy": 62.550988, "activity_lines": [ 18.027866, 17.888327, 17.755038, 17.635828 ] }, { "date": "2026-01-30", "close": 17.658001, "volume": 2741, "typical_volume": 3040.85, "trend": 17.486067, "fair_value": 15.462462, "relative_strength": -7.638524, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 57.144477, "energy": 45.235166, "activity_lines": [ 17.921333, 17.867455, 17.754886, 17.648525 ] }, { "date": "2026-02-06", "close": 17.662001, "volume": 532, "typical_volume": 3067.2, "trend": 17.506134, "fair_value": 15.500487, "relative_strength": -7.911564, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 39.357695, "energy": 23.199061, "activity_lines": [ 17.822267, 17.840982, 17.75421, 17.659875 ] }, { "date": "2026-02-13", "close": 17.771999, "volume": 2356, "typical_volume": 3135.0, "trend": 17.531534, "fair_value": 15.539218, "relative_strength": -6.091288, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 31.230827, "energy": 20.93819, "activity_lines": [ 17.763067, 17.833564, 17.762248, 17.677028 ] }, { "date": "2026-02-20", "close": 17.886, "volume": 3050, "typical_volume": 2820.4, "trend": 17.557067, "fair_value": 15.578974, "relative_strength": -7.253722, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 34.55068, "energy": 21.442505, "activity_lines": [ 17.776267, 17.846764, 17.778981, 17.699897 ] }, { "date": "2026-02-27", "close": 17.958, "volume": 200, "typical_volume": 2690.2, "trend": 17.592734, "fair_value": 15.619192, "relative_strength": -8.010476, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 43.127868, "energy": 20.625215, "activity_lines": [ 17.842133, 17.867818, 17.80119, 17.725763 ] }, { "date": "2026-03-06", "close": 17.823999, "volume": 1380, "typical_volume": 2687.45, "trend": 17.617933, "fair_value": 15.658167, "relative_strength": -2.17653, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 36.896004, "energy": 21.316591, "activity_lines": [ 17.8544, 17.8572, 17.808638, 17.740684 ] }, { "date": "2026-03-13", "close": 17.52, "volume": 248, "typical_volume": 2699.85, "trend": 17.631933, "fair_value": 15.695192, "relative_strength": -4.032859, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 13.787785, "energy": 7.196244, "activity_lines": [ 17.754266, 17.789963, 17.786686, 17.734366 ] }, { "date": "2026-03-20", "close": 16.986, "volume": 862, "typical_volume": 2712.95, "trend": 17.622933, "fair_value": 15.728795, "relative_strength": -3.582043, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -38.12476, "energy": 39.726874, "activity_lines": [ 17.4856, 17.629091, 17.714876, 17.692692 ] }, { "date": "2026-03-27", "close": 17.139999, "volume": 6235, "typical_volume": 1781.75, "trend": 17.619067, "fair_value": 15.763385, "relative_strength": -3.735422, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -32.337707, "energy": 54.405023, "activity_lines": [ 17.320666, 17.519891, 17.661876, 17.661535 ] }, { "date": "2026-04-03", "close": 17.398001, "volume": 70, "typical_volume": 1706.4, "trend": 17.6332, "fair_value": 15.799628, "relative_strength": -6.828798, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -32.663692, "energy": 60.742599, "activity_lines": [ 17.291467, 17.478982, 17.634486, 17.647273 ] }, { "date": "2026-04-10", "close": 17.681999, "volume": 40, "typical_volume": 1650.0, "trend": 17.640333, "fair_value": 15.837449, "relative_strength": -8.939139, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -27.331421, "energy": 52.753986, "activity_lines": [ 17.394266, 17.497454, 17.635, 17.650421 ] }, { "date": "2026-04-17", "close": 17.538, "volume": 427, "typical_volume": 1582.45, "trend": 17.648533, "fair_value": 15.873654, "relative_strength": -11.70913, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -50.525974, "energy": 30.624209, "activity_lines": [ 17.458533, 17.489309, 17.620028, 17.643819 ] }, { "date": "2026-04-24", "close": 17.538, "volume": 0, "typical_volume": 1562.15, "trend": 17.655867, "fair_value": 15.909859, "relative_strength": -9.215565, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -34.564786, "energy": 19.673719, "activity_lines": [ 17.5216, 17.483418, 17.6054, 17.636688 ] }, { "date": "2026-05-01", "close": 17.618, "volume": 480, "typical_volume": 1485.2, "trend": 17.6566, "fair_value": 15.947231, "relative_strength": -9.632865, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -28.982054, "energy": 22.221648, "activity_lines": [ 17.574533, 17.496327, 17.599476, 17.634245 ] }, { "date": "2026-05-08", "close": 18.57, "volume": 4563, "typical_volume": 1658.45, "trend": 17.691, "fair_value": 15.989474, "relative_strength": -6.566329, "stage": 3, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 54.686357, "energy": 43.060484, "activity_lines": [ 17.912933, 17.6872, 17.684124, 17.693174 ] }, { "date": "2026-05-15", "close": 18.511999, "volume": 5846, "typical_volume": 1945.75, "trend": 17.717067, "fair_value": 16.030936, "relative_strength": -6.347292, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 83.957353, "energy": 81.498525, "activity_lines": [ 18.153866, 17.8564, 17.758419, 17.746142 ] }, { "date": "2026-05-22", "close": 19.209999, "volume": 653, "typical_volume": 1929.95, "trend": 17.7664, "fair_value": 16.074769, "relative_strength": -3.398023, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 92.441313, "energy": 95.919352, "activity_lines": [ 18.572133, 18.14, 17.895562, 17.84246 ] }, { "date": "2026-05-29", "close": 19.268, "volume": 1734, "typical_volume": 1873.95, "trend": 17.813467, "fair_value": 16.118974, "relative_strength": -3.952438, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 87.907911, "energy": 95.485984, "activity_lines": [ 18.898266, 18.403418, 18.031085, 17.939337 ] }, { "date": "2026-06-05", "close": 19.546, "volume": 773, "typical_volume": 1770.55, "trend": 17.8864, "fair_value": 16.164962, "relative_strength": -2.161098, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 87.948855, "energy": 95.531277, "activity_lines": [ 19.201733, 18.675891, 18.188419, 18.051114 ] }, { "date": "2026-06-12", "close": 20.01, "volume": 40, "typical_volume": 1611.5, "trend": 17.967467, "fair_value": 16.213923, "relative_strength": -2.748984, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 93.255375, "energy": 97.491895, "activity_lines": [ 19.531333, 18.988982, 18.384085, 18.18812 ] }, { "date": "2026-06-19", "close": 20.389999, "volume": 275, "typical_volume": 1488.2, "trend": 18.070133, "fair_value": 16.264705, "relative_strength": -3.2526, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 94.350159, "energy": 97.932134, "activity_lines": [ 19.8916, 19.323672, 18.605533, 18.344413 ] }, { "date": "2026-06-26", "close": 20.465, "volume": 0, "typical_volume": 1461.6, "trend": 18.1653, "fair_value": 16.315968, "relative_strength": 0.221673, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 89.150735, "energy": 96.150269, "activity_lines": [ 20.151666, 19.622763, 18.821114, 18.49892 ] }, { "date": "2026-07-03", "close": 20.559999, "volume": 336, "typical_volume": 1360.6, "trend": 18.258433, "fair_value": 16.366288, "relative_strength": -2.097799, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 83.76984, "energy": 94.272017, "activity_lines": [ 20.359733, 19.885909, 19.032395, 18.653417 ] }, { "date": "2026-07-10", "close": 20.045, "volume": 420, "typical_volume": 1229.1, "trend": 18.34, "fair_value": 16.413615, "relative_strength": -3.970648, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 68.590334, "energy": 88.3809, "activity_lines": [ 20.31, 20.000472, 19.181352, 18.768679 ] }, { "date": "2026-07-17", "close": 19.916, "volume": 657, "typical_volume": 1251.95, "trend": 18.418666, "fair_value": 16.45932, "relative_strength": -3.063529, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.85873, "energy": 67.438901, "activity_lines": [ 20.184, 20.047454, 19.307743, 18.870357 ] }, { "date": "2026-07-24", "close": 19.785999, "volume": 11249, "typical_volume": 1745.4, "trend": 18.486533, "fair_value": 16.503667, "relative_strength": -3.367278, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 54.632379, "energy": 59.327065, "activity_lines": [ 20.020933, 20.046327, 19.412428, 18.958572 ] }, { "date": "2026-07-31", "close": 19.396, "volume": 531, "typical_volume": 1759.55, "trend": 18.542733, "fair_value": 16.546269, "relative_strength": -5.71146, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 45.827211, "energy": 41.426567, "activity_lines": [ 19.768133, 19.951127, 19.470628, 19.017247 ] }, { "date": "2026-08-07", "close": 19.9, "volume": 91, "typical_volume": 1721.0, "trend": 18.596466, "fair_value": 16.592103, "relative_strength": -5.860187, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 42.88213, "energy": 37.415999, "activity_lines": [ 19.7546, 19.944182, 19.567895, 19.104813 ] } ], "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." } } }