{ "ticker": { "uuid": "1af32521-d846-4485-a3af-a53ca5d170a2", "symbol": "ENV", "name": "Enervit S.p.A.", "exchange": "MIL", "country": "IT", "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": "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": 96.0, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Established expansion", "architecture_gate": "up", "architecture_direction": 68.157, "architecture_energy": 54.34, "architecture_maturity": 42.396, "architecture_confidence": 87.568, "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": 18.62, "rotation_up": 58.12, "upward_expansion": 81.71, "deceleration": 54.54, "rotation_down": 21.76, "downward_expansion": 8.38 }, "activity_lines": [ 4.924667, 4.870909, 4.78037, 4.624075 ], "activity_state": "Wide", "activity_direction": "Expanding", "rotation_direction": "Weakening", "price_acceptance": 0.666667 }, "latest_close": 5.0, "trend_reference": 4.398737, "distance_from_trend": 0.13669, "trend_direction": "Improving", "fair_value": 3.316736, "distance_from_fair_value": 0.507506, "fair_value_direction": "Improving", "relative_strength": 2.213346, "relative_strength_direction": "Weakening", "price_momentum": 0.277328, "excess_performance": 0.106436, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.13669, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.09073, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.507506, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.047751, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.022133, "read": "Leading" }, { "label": "Relative strength direction", "positive": false, "value": -0.042557, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.277328, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 1.572456, "read": "Demand-led" } ], "volume": { "latest": 21381, "relative_activity": 0.763063, "balance": 1.572456, "dry_up": 0.798119, "accumulation_observations": 2, "distribution_observations": 2 }, "risk": { "range_context": 0.046896, "annualized_volatility": 0.212929, "from_high_reference": -0.015748, "from_low_reference": 0.487797 }, "levels": { "trend_reference": 4.398737, "fair_value_reference": 3.316736, "structural_low": 3.58981, "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 25, "median_return": 0.008403, "positive_rate": 0.56, "directional_follow_through": 0.56, "median_excess_return": -0.005101, "regime_survival": 0.76, "best_return": 0.181818, "worst_return": -0.208333, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 10, "median_return": 0.037603, "positive_rate": 0.7, "directional_follow_through": 0.7, "median_excess_return": -0.008614, "regime_survival": 0.4, "best_return": 0.227848, "worst_return": -0.118013, "sufficient": true }, { "horizon": "Extended", "sample_count": 6, "median_return": 0.021347, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": 0.015025, "regime_survival": 0.5, "best_return": 0.263298, "worst_return": -0.032967, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 4, "median_return": 0.079097, "positive_rate": 0.75, "directional_follow_through": 0.75, "median_excess_return": 0.03135, "regime_survival": 0.75, "best_return": 0.525175, "worst_return": -0.05333, "sufficient": false } ], "ledger": [ { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-05-17", "end": "2024-10-04", "tenure": "Established", "return": 0.016077, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-10-11", "end": "2024-10-25", "tenure": "New", "return": -0.006329, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-11-01", "end": "2024-11-22", "tenure": "New", "return": 0.056962, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-11-29", "end": "2025-01-24", "tenure": "Developing", "return": -0.036036, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-01-31", "end": "2025-02-14", "tenure": "New", "return": -0.009375, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-02-21", "end": "2025-03-14", "tenure": "New", "return": 0.031446, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-03-21", "end": "2025-05-09", "tenure": "Developing", "return": 0.012195, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-05-16", "end": "2025-11-21", "tenure": "Extended", "return": 0.227848, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-11-28", "end": "2025-12-12", "tenure": "New", "return": -0.010526, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-12-19", "end": "2026-01-09", "tenure": "New", "return": 0.063492, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-01-16", "end": "2026-01-23", "tenure": "New", "return": 0.005076, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-01-30", "end": "2026-02-27", "tenure": "Developing", "return": 0.050505, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2026-03-06", "end": "2026-05-01", "tenure": "Developing", "return": 0.140097, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-05-08", "end": "2026-08-07", "tenure": "Established", "return": 0.088783, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 2.721464, "volume": 10306, "typical_volume": 11299.15, "trend": 2.725074, "fair_value": 2.770182, "relative_strength": -8.92279, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 31.138205, "energy": 14.77292, "activity_lines": [ 2.758681, 2.763333, 2.747448, 2.733018 ] }, { "date": "2023-08-25", "close": 2.721464, "volume": 7108, "typical_volume": 11111.3, "trend": 2.723181, "fair_value": 2.771612, "relative_strength": -9.848333, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 23.924027, "energy": 14.31279, "activity_lines": [ 2.741235, 2.756038, 2.747446, 2.732785 ] }, { "date": "2023-09-01", "close": 2.704019, "volume": 3685, "typical_volume": 10919.6, "trend": 2.720985, "fair_value": 2.772932, "relative_strength": -11.224926, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 15.118142, "energy": 14.538298, "activity_lines": [ 2.72379, 2.746205, 2.745256, 2.731549 ] }, { "date": "2023-09-08", "close": 2.704019, "volume": 10362, "typical_volume": 10794.4, "trend": 2.719346, "fair_value": 2.774667, "relative_strength": -9.33531, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -13.653096, "energy": 15.575225, "activity_lines": [ 2.713323, 2.737006, 2.742782, 2.730454 ] }, { "date": "2023-09-15", "close": 2.634238, "volume": 18081, "typical_volume": 11161.8, "trend": 2.714545, "fair_value": 2.775954, "relative_strength": -13.105199, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -27.836874, "energy": 31.950484, "activity_lines": [ 2.684248, 2.716072, 2.733617, 2.724964 ] }, { "date": "2023-09-22", "close": 2.564457, "volume": 43388, "typical_volume": 12713.2, "trend": 2.709371, "fair_value": 2.777419, "relative_strength": -13.815898, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -37.98656, "energy": 48.867348, "activity_lines": [ 2.640053, 2.684036, 2.717774, 2.71528 ] }, { "date": "2023-09-29", "close": 2.581902, "volume": 21024, "typical_volume": 13564.0, "trend": 2.705336, "fair_value": 2.778839, "relative_strength": -11.674884, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -39.775612, "energy": 53.385657, "activity_lines": [ 2.612141, 2.658978, 2.703894, 2.707057 ] }, { "date": "2023-10-06", "close": 2.599347, "volume": 22083, "typical_volume": 14451.55, "trend": 2.703835, "fair_value": 2.780423, "relative_strength": -9.016331, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -61.744699, "energy": 63.173065, "activity_lines": [ 2.599347, 2.641216, 2.691973, 2.700219 ] }, { "date": "2023-10-13", "close": 2.47723, "volume": 62989, "typical_volume": 17273.75, "trend": 2.695753, "fair_value": 2.781432, "relative_strength": -14.0549, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -76.83731, "energy": 70.689048, "activity_lines": [ 2.552826, 2.605057, 2.668796, 2.685599 ] }, { "date": "2023-10-20", "close": 2.494676, "volume": 17900, "typical_volume": 17949.6, "trend": 2.687415, "fair_value": 2.783229, "relative_strength": -10.060891, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -69.353508, "energy": 65.581895, "activity_lines": [ 2.52724, 2.577461, 2.648693, 2.672626 ] }, { "date": "2023-10-27", "close": 2.47723, "volume": 2535, "typical_volume": 17197.85, "trend": 2.679612, "fair_value": 2.785226, "relative_strength": -9.92393, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -68.149716, "energy": 62.53238, "activity_lines": [ 2.505143, 2.551452, 2.62809, 2.659066 ] }, { "date": "2023-11-03", "close": 2.47723, "volume": 6179, "typical_volume": 16665.0, "trend": 2.675156, "fair_value": 2.78556, "relative_strength": -13.735894, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.6702, "energy": 61.16465, "activity_lines": [ 2.48886, 2.529883, 2.608901, 2.646009 ] }, { "date": "2023-11-10", "close": 2.512121, "volume": 12084, "typical_volume": 16589.7, "trend": 2.670748, "fair_value": 2.786325, "relative_strength": -11.581058, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -59.718293, "energy": 43.142603, "activity_lines": [ 2.491186, 2.519099, 2.594363, 2.635491 ] }, { "date": "2023-11-17", "close": 2.564457, "volume": 2632, "typical_volume": 15895.3, "trend": 2.66641, "fair_value": 2.787321, "relative_strength": -12.415739, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -55.008438, "energy": 35.20444, "activity_lines": [ 2.516773, 2.521319, 2.585889, 2.628633 ] }, { "date": "2023-11-24", "close": 2.843581, "volume": 64860, "typical_volume": 18276.45, "trend": 2.673608, "fair_value": 2.790471, "relative_strength": -2.405055, "stage": 2, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -7.039529, "energy": 10.460022, "activity_lines": [ 2.629586, 2.576827, 2.604913, 2.640064 ] }, { "date": "2023-12-01", "close": 2.791246, "volume": 12207, "typical_volume": 18220.7, "trend": 2.679061, "fair_value": 2.793077, "relative_strength": -5.52956, "stage": 2, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "mixed", "direction": 19.749536, "energy": 22.901364, "activity_lines": [ 2.701693, 2.619013, 2.618371, 2.647653 ] }, { "date": "2023-12-08", "close": 2.791246, "volume": 8455, "typical_volume": 18324.15, "trend": 2.683957, "fair_value": 2.794903, "relative_strength": -6.665984, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 21.285807, "energy": 29.448784, "activity_lines": [ 2.752866, 2.657075, 2.631746, 2.654891 ] }, { "date": "2023-12-15", "close": 2.791246, "volume": 10019, "typical_volume": 17650.05, "trend": 2.687737, "fair_value": 2.79543, "relative_strength": -6.159826, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 22.618277, "energy": 32.629565, "activity_lines": [ 2.783105, 2.691332, 2.645204, 2.661813 ] }, { "date": "2023-12-22", "close": 2.73891, "volume": 14821, "typical_volume": 17671.25, "trend": 2.686574, "fair_value": 2.795464, "relative_strength": -7.431823, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 19.976114, "energy": 39.997186, "activity_lines": [ 2.77729, 2.712583, 2.65376, 2.665114 ] }, { "date": "2023-12-29", "close": 2.791246, "volume": 13023, "typical_volume": 18187.05, "trend": 2.688318, "fair_value": 2.795887, "relative_strength": -5.227784, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 22.45931, "energy": 33.191734, "activity_lines": [ 2.77729, 2.738593, 2.667467, 2.671867 ] }, { "date": "2024-01-05", "close": 2.721464, "volume": 13357, "typical_volume": 18339.6, "trend": 2.686574, "fair_value": 2.796174, "relative_strength": -7.501778, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 25.27921, "energy": 20.257533, "activity_lines": [ 2.757518, 2.746522, 2.674362, 2.674006 ] }, { "date": "2024-01-12", "close": 2.791246, "volume": 2470, "typical_volume": 18107.7, "trend": 2.687737, "fair_value": 2.796648, "relative_strength": -4.93014, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 29.469122, "energy": 20.970577, "activity_lines": [ 2.765659, 2.762699, 2.687903, 2.680759 ] }, { "date": "2024-01-19", "close": 2.791246, "volume": 6825, "typical_volume": 18264.7, "trend": 2.689481, "fair_value": 2.796707, "relative_strength": -3.919122, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 28.695856, "energy": 21.607554, "activity_lines": [ 2.773801, 2.773166, 2.701112, 2.687437 ] }, { "date": "2024-01-26", "close": 2.756355, "volume": 10661, "typical_volume": 18279.65, "trend": 2.689481, "fair_value": 2.796438, "relative_strength": -5.143747, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 41.32373, "energy": 24.37401, "activity_lines": [ 2.770311, 2.772215, 2.710582, 2.691751 ] }, { "date": "2024-02-02", "close": 2.791246, "volume": 6605, "typical_volume": 17705.85, "trend": 2.691807, "fair_value": 2.796548, "relative_strength": -4.775103, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 54.601225, "energy": 33.835044, "activity_lines": [ 2.77729, 2.774118, 2.723126, 2.698317 ] }, { "date": "2024-02-09", "close": 2.73891, "volume": 3167, "typical_volume": 15694.8, "trend": 2.690644, "fair_value": 2.795855, "relative_strength": -7.631108, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 39.496481, "energy": 22.259155, "activity_lines": [ 2.766822, 2.767457, 2.729938, 2.701356 ] }, { "date": "2024-02-16", "close": 2.73891, "volume": 12282, "typical_volume": 15257.7, "trend": 2.688318, "fair_value": 2.795422, "relative_strength": -9.054183, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 36.587754, "energy": 17.853867, "activity_lines": [ 2.755192, 2.761747, 2.735919, 2.704469 ] }, { "date": "2024-02-23", "close": 2.808691, "volume": 5228, "typical_volume": 14414.95, "trend": 2.688318, "fair_value": 2.79502, "relative_strength": -9.226771, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 57.02373, "energy": 28.856402, "activity_lines": [ 2.770311, 2.769677, 2.747799, 2.712235 ] }, { "date": "2024-03-01", "close": 2.756355, "volume": 18104, "typical_volume": 12170.7, "trend": 2.687737, "fair_value": 2.794075, "relative_strength": -11.306018, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 36.400718, "energy": 19.748121, "activity_lines": [ 2.766822, 2.767774, 2.753697, 2.716625 ] }, { "date": "2024-03-08", "close": 2.756355, "volume": 6081, "typical_volume": 11579.75, "trend": 2.687737, "fair_value": 2.793546, "relative_strength": -12.296362, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 35.684261, "energy": 19.799151, "activity_lines": [ 2.763333, 2.765554, 2.758266, 2.721052 ] }, { "date": "2024-03-15", "close": 2.7738, "volume": 10803, "typical_volume": 11993.15, "trend": 2.689481, "fair_value": 2.793597, "relative_strength": -12.689877, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 46.569404, "energy": 25.097062, "activity_lines": [ 2.767985, 2.767139, 2.76325, 2.726604 ] }, { "date": "2024-03-22", "close": 2.7738, "volume": 7944, "typical_volume": 12081.4, "trend": 2.691226, "fair_value": 2.793595, "relative_strength": -13.267109, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 45.719469, "energy": 22.229597, "activity_lines": [ 2.770311, 2.767774, 2.766822, 2.732044 ] }, { "date": "2024-03-29", "close": 2.721464, "volume": 14678, "typical_volume": 12211.1, "trend": 2.691807, "fair_value": 2.793154, "relative_strength": -15.51953, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 19.080115, "energy": 9.74686, "activity_lines": [ 2.752866, 2.75921, 2.763998, 2.733995 ] }, { "date": "2024-04-05", "close": 2.677851, "volume": 13144, "typical_volume": 12736.7, "trend": 2.690935, "fair_value": 2.791914, "relative_strength": -14.762961, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 4.264056, "energy": 7.295091, "activity_lines": [ 2.726698, 2.743985, 2.756023, 2.733095 ] }, { "date": "2024-04-12", "close": 2.73891, "volume": 4245, "typical_volume": 9705.95, "trend": 2.694424, "fair_value": 2.791273, "relative_strength": -11.929431, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 13.86973, "energy": 11.833097, "activity_lines": [ 2.726116, 2.741289, 2.753323, 2.73619 ] }, { "date": "2024-04-19", "close": 2.704019, "volume": 13078, "typical_volume": 9749.5, "trend": 2.699076, "fair_value": 2.790512, "relative_strength": -13.140734, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 7.888995, "energy": 12.420276, "activity_lines": [ 2.715068, 2.7332, 2.747799, 2.736809 ] }, { "date": "2024-04-26", "close": 2.765078, "volume": 6490, "typical_volume": 9651.25, "trend": 2.705182, "fair_value": 2.790559, "relative_strength": -11.728273, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 16.572475, "energy": 11.036082, "activity_lines": [ 2.729024, 2.736848, 2.748505, 2.741067 ] }, { "date": "2024-05-03", "close": 2.878472, "volume": 19216, "typical_volume": 10111.1, "trend": 2.714486, "fair_value": 2.790605, "relative_strength": -6.204666, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 55.063186, "energy": 26.486956, "activity_lines": [ 2.78136, 2.760637, 2.760135, 2.752247 ] }, { "date": "2024-05-10", "close": 2.834859, "volume": 6623, "typical_volume": 9701.2, "trend": 2.726407, "fair_value": 2.791099, "relative_strength": -10.083494, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 49.504062, "energy": 32.939459, "activity_lines": [ 2.808691, 2.775228, 2.767196, 2.760013 ] }, { "date": "2024-05-17", "close": 2.826136, "volume": 20452, "typical_volume": 10072.65, "trend": 2.737456, "fair_value": 2.791121, "relative_strength": -11.913825, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 50.179009, "energy": 36.219327, "activity_lines": [ 2.822647, 2.786805, 2.77297, 2.766447 ] }, { "date": "2024-05-24", "close": 2.935183, "volume": 8227, "typical_volume": 9816.15, "trend": 2.752721, "fair_value": 2.79205, "relative_strength": -5.731821, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.193296, "energy": 56.182687, "activity_lines": [ 2.867137, 2.81694, 2.788962, 2.779204 ] }, { "date": "2024-05-31", "close": 2.7807, "volume": 47836, "typical_volume": 12084.45, "trend": 2.762837, "fair_value": 2.791885, "relative_strength": -10.302881, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 50.334097, "energy": 37.450204, "activity_lines": [ 2.844722, 2.816053, 2.789225, 2.781009 ] }, { "date": "2024-06-07", "close": 2.817049, "volume": 18076, "typical_volume": 12647.0, "trend": 2.773001, "fair_value": 2.792057, "relative_strength": -9.165717, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 47.319235, "energy": 25.349725, "activity_lines": [ 2.833382, 2.82165, 2.792999, 2.784506 ] }, { "date": "2024-06-14", "close": 2.798874, "volume": 12973, "typical_volume": 12762.6, "trend": 2.780815, "fair_value": 2.791904, "relative_strength": -3.966525, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 35.112435, "energy": 18.191125, "activity_lines": [ 2.820078, 2.822204, 2.79492, 2.786176 ] }, { "date": "2024-06-21", "close": 2.835223, "volume": 8221, "typical_volume": 12843.4, "trend": 2.780536, "fair_value": 2.792296, "relative_strength": -4.279578, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 34.258388, "energy": 15.011392, "activity_lines": [ 2.821289, 2.827167, 2.8001, 2.789686 ] }, { "date": "2024-06-28", "close": 2.962445, "volume": 14542, "typical_volume": 13412.15, "trend": 2.786243, "fair_value": 2.793296, "relative_strength": 0.663461, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 62.05245, "energy": 31.933485, "activity_lines": [ 2.864302, 2.85351, 2.817187, 2.801422 ] }, { "date": "2024-07-05", "close": 2.953358, "volume": 7103, "typical_volume": 13153.2, "trend": 2.791647, "fair_value": 2.794758, "relative_strength": -1.872321, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 59.710706, "energy": 48.707905, "activity_lines": [ 2.902469, 2.873502, 2.832344, 2.812203 ] }, { "date": "2024-07-12", "close": 2.917009, "volume": 7071, "typical_volume": 13245.35, "trend": 2.795839, "fair_value": 2.795987, "relative_strength": -4.484417, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 54.78796, "energy": 51.82016, "activity_lines": [ 2.917009, 2.883462, 2.843018, 2.820291 ] }, { "date": "2024-07-19", "close": 2.907922, "volume": 10676, "typical_volume": 12873.95, "trend": 2.801473, "fair_value": 2.796949, "relative_strength": -3.506706, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 54.756671, "energy": 51.18147, "activity_lines": [ 2.921856, 2.891069, 2.852311, 2.827522 ] }, { "date": "2024-07-26", "close": 2.907922, "volume": 5038, "typical_volume": 12821.8, "trend": 2.805362, "fair_value": 2.797703, "relative_strength": -2.157067, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 52.788906, "energy": 39.964471, "activity_lines": [ 2.919432, 2.897347, 2.860882, 2.83439 ] }, { "date": "2024-08-02", "close": 2.953358, "volume": 4031, "typical_volume": 12483.2, "trend": 2.813092, "fair_value": 2.798853, "relative_strength": 5.046557, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 58.40578, "energy": 36.303937, "activity_lines": [ 2.927308, 2.9104, 2.873059, 2.843938 ] }, { "date": "2024-08-09", "close": 2.944271, "volume": 410, "typical_volume": 12106.5, "trend": 2.818192, "fair_value": 2.799528, "relative_strength": 5.616327, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 55.426359, "energy": 33.224268, "activity_lines": [ 2.93276, 2.92147, 2.883515, 2.852401 ] }, { "date": "2024-08-16", "close": 2.853398, "volume": 14010, "typical_volume": 12073.1, "trend": 2.820264, "fair_value": 2.800245, "relative_strength": -1.291127, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 37.526748, "energy": 21.971273, "activity_lines": [ 2.908528, 2.913044, 2.884505, 2.854673 ] }, { "date": "2024-08-23", "close": 2.935183, "volume": 9614, "typical_volume": 11896.6, "trend": 2.826225, "fair_value": 2.800862, "relative_strength": -0.096384, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 41.646697, "energy": 24.152963, "activity_lines": [ 2.915797, 2.918826, 2.892655, 2.862087 ] }, { "date": "2024-08-30", "close": 2.907922, "volume": 6660, "typical_volume": 12017.35, "trend": 2.830114, "fair_value": 2.801617, "relative_strength": -2.896891, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 36.531415, "energy": 19.996033, "activity_lines": [ 2.912162, 2.917174, 2.896984, 2.867358 ] }, { "date": "2024-09-06", "close": 2.989707, "volume": 33645, "typical_volume": 13045.7, "trend": 2.838474, "fair_value": 2.803103, "relative_strength": 3.21487, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 59.4871, "energy": 29.688325, "activity_lines": [ 2.935789, 2.92907, 2.908297, 2.877654 ] }, { "date": "2024-09-13", "close": 2.980619, "volume": 9461, "typical_volume": 13194.25, "trend": 2.846531, "fair_value": 2.80422, "relative_strength": 2.105531, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 56.918574, "energy": 39.095713, "activity_lines": [ 2.953964, 2.938818, 2.917384, 2.886825 ] }, { "date": "2024-09-20", "close": 2.88066, "volume": 8840, "typical_volume": 12675.45, "trend": 2.84893, "fair_value": 2.803135, "relative_strength": -1.789772, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 42.906948, "energy": 24.207761, "activity_lines": [ 2.936395, 2.929896, 2.915925, 2.889027 ] }, { "date": "2024-09-27", "close": 2.898834, "volume": 7483, "typical_volume": 12718.45, "trend": 2.853679, "fair_value": 2.802792, "relative_strength": -3.747245, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 35.057524, "energy": 19.354555, "activity_lines": [ 2.923067, 2.924939, 2.916187, 2.892246 ] }, { "date": "2024-10-04", "close": 2.871572, "volume": 16615, "typical_volume": 12526.6, "trend": 2.85752, "fair_value": 2.802273, "relative_strength": -1.261884, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 22.220277, "energy": 11.355619, "activity_lines": [ 2.903075, 2.915191, 2.913547, 2.8934 ] }, { "date": "2024-10-11", "close": 2.871572, "volume": 13674, "typical_volume": 12798.95, "trend": 2.860779, "fair_value": 2.800403, "relative_strength": -3.230136, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 9.122193, "energy": 12.127247, "activity_lines": [ 2.885506, 2.906104, 2.910691, 2.894307 ] }, { "date": "2024-10-18", "close": 2.862485, "volume": 12050, "typical_volume": 11009.65, "trend": 2.863735, "fair_value": 2.798994, "relative_strength": -5.784593, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 5.743717, "energy": 11.675544, "activity_lines": [ 2.872784, 2.896851, 2.907272, 2.894417 ] }, { "date": "2024-10-25", "close": 2.853398, "volume": 10923, "typical_volume": 10652.0, "trend": 2.868133, "fair_value": 2.797735, "relative_strength": -4.742445, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -16.33102, "energy": 17.902811, "activity_lines": [ 2.864908, 2.887434, 2.902599, 2.89375 ] }, { "date": "2024-11-01", "close": 2.871572, "volume": 6004, "typical_volume": 10303.55, "trend": 2.87459, "fair_value": 2.797113, "relative_strength": -3.7824, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -12.150503, "energy": 18.394959, "activity_lines": [ 2.864908, 2.88132, 2.899483, 2.893972 ] }, { "date": "2024-11-08", "close": 2.798874, "volume": 10100, "typical_volume": 10397.5, "trend": 2.876589, "fair_value": 2.794984, "relative_strength": -3.720642, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -25.780503, "energy": 28.922578, "activity_lines": [ 2.842493, 2.863146, 2.889098, 2.889087 ] }, { "date": "2024-11-15", "close": 2.998794, "volume": 43383, "typical_volume": 11839.55, "trend": 2.886415, "fair_value": 2.793617, "relative_strength": 2.00758, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": 21.723926, "energy": 8.831833, "activity_lines": [ 2.891564, 2.883303, 2.897925, 2.896971 ] }, { "date": "2024-11-22", "close": 3.035143, "volume": 17285, "typical_volume": 12348.65, "trend": 2.895417, "fair_value": 2.793731, "relative_strength": 5.534088, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 48.853418, "energy": 27.568875, "activity_lines": [ 2.94427, 2.909904, 2.910042, 2.906567 ] }, { "date": "2024-11-29", "close": 3.026056, "volume": 44474, "typical_volume": 14218.8, "trend": 2.900337, "fair_value": 2.794099, "relative_strength": 5.533983, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 57.100068, "energy": 45.79152, "activity_lines": [ 2.982437, 2.933861, 2.920903, 2.914995 ] }, { "date": "2024-12-06", "close": 3.089667, "volume": 23180, "typical_volume": 14844.0, "trend": 2.90883, "fair_value": 2.794667, "relative_strength": 3.68011, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 69.126124, "energy": 65.11935, "activity_lines": [ 3.030297, 2.966741, 2.937304, 2.92721 ] }, { "date": "2024-12-13", "close": 2.989707, "volume": 77282, "typical_volume": 18456.2, "trend": 2.914283, "fair_value": 2.794386, "relative_strength": 0.065258, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 56.188324, "energy": 60.711947, "activity_lines": [ 3.030297, 2.977976, 2.943318, 2.932428 ] }, { "date": "2024-12-20", "close": 2.935183, "volume": 46455, "typical_volume": 20577.4, "trend": 2.914283, "fair_value": 2.793963, "relative_strength": 1.583115, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 52.910702, "energy": 41.72099, "activity_lines": [ 2.9994, 2.97715, 2.943751, 2.933776 ] }, { "date": "2024-12-27", "close": 2.953358, "volume": 3780, "typical_volume": 20745.9, "trend": 2.920038, "fair_value": 2.792929, "relative_strength": 1.155483, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 47.810219, "energy": 25.1007, "activity_lines": [ 2.978802, 2.978472, 2.946001, 2.936297 ] }, { "date": "2025-01-03", "close": 2.935183, "volume": 16998, "typical_volume": 20895.3, "trend": 2.923976, "fair_value": 2.791986, "relative_strength": 0.707138, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 30.160744, "energy": 16.264479, "activity_lines": [ 2.957598, 2.974837, 2.946477, 2.937274 ] }, { "date": "2025-01-10", "close": 2.935183, "volume": 15002, "typical_volume": 21164.7, "trend": 2.928519, "fair_value": 2.790939, "relative_strength": -1.877978, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 24.499006, "energy": 16.782435, "activity_lines": [ 2.942453, 2.969715, 2.946564, 2.937997 ] }, { "date": "2025-01-17", "close": 2.971532, "volume": 18977, "typical_volume": 21780.55, "trend": 2.933063, "fair_value": 2.79075, "relative_strength": -3.666908, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 26.906669, "energy": 14.684262, "activity_lines": [ 2.949723, 2.970045, 2.950112, 2.940772 ] }, { "date": "2025-01-24", "close": 2.917009, "volume": 1952, "typical_volume": 20195.9, "trend": 2.931548, "fair_value": 2.79021, "relative_strength": -5.041433, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 18.244302, "energy": 11.612664, "activity_lines": [ 2.94003, 2.957323, 2.948165, 2.939737 ] }, { "date": "2025-01-31", "close": 2.907922, "volume": 8923, "typical_volume": 20169.0, "trend": 2.930034, "fair_value": 2.789821, "relative_strength": -5.802885, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -11.592446, "energy": 9.663573, "activity_lines": [ 2.928519, 2.944436, 2.945699, 2.938212 ] }, { "date": "2025-02-07", "close": 2.898834, "volume": 40323, "typical_volume": 21743.15, "trend": 2.929428, "fair_value": 2.789685, "relative_strength": -7.373438, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -14.489343, "energy": 12.201115, "activity_lines": [ 2.917009, 2.932209, 2.942713, 2.936199 ] }, { "date": "2025-02-14", "close": 2.88066, "volume": 22314, "typical_volume": 22484.7, "trend": 2.928519, "fair_value": 2.789745, "relative_strength": -9.974286, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -19.934582, "energy": 24.888944, "activity_lines": [ 2.901863, 2.918991, 2.937909, 2.933053 ] }, { "date": "2025-02-21", "close": 2.889747, "volume": 6903, "typical_volume": 21999.1, "trend": 2.927913, "fair_value": 2.790591, "relative_strength": -10.513501, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -17.251514, "energy": 32.382347, "activity_lines": [ 2.893382, 2.911226, 2.934058, 2.930552 ] }, { "date": "2025-02-28", "close": 2.871572, "volume": 6596, "typical_volume": 21645.2, "trend": 2.925187, "fair_value": 2.791528, "relative_strength": -11.424, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -24.598099, "energy": 38.848059, "activity_lines": [ 2.884295, 2.901973, 2.928389, 2.926917 ] }, { "date": "2025-03-07", "close": 2.871572, "volume": 26060, "typical_volume": 22345.7, "trend": 2.922764, "fair_value": 2.792257, "relative_strength": -11.116431, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -31.8919, "energy": 39.418797, "activity_lines": [ 2.878236, 2.893877, 2.922721, 2.923458 ] }, { "date": "2025-03-14", "close": 2.980619, "volume": 38117, "typical_volume": 23705.4, "trend": 2.927005, "fair_value": 2.79327, "relative_strength": -7.791255, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": 14.33574, "energy": 9.52671, "activity_lines": [ 2.91095, 2.907095, 2.927394, 2.92719 ] }, { "date": "2025-03-21", "close": 2.980619, "volume": 42135, "typical_volume": 25511.95, "trend": 2.928519, "fair_value": 2.793242, "relative_strength": -8.598547, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 22.547217, "energy": 15.965471, "activity_lines": [ 2.938212, 2.919487, 2.931462, 2.930649 ] }, { "date": "2025-03-28", "close": 2.953358, "volume": 15985, "typical_volume": 25806.2, "trend": 2.930034, "fair_value": 2.793612, "relative_strength": -8.696495, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 16.559076, "energy": 18.89735, "activity_lines": [ 2.949723, 2.926096, 2.932414, 2.932252 ] }, { "date": "2025-04-04", "close": 2.889747, "volume": 45955, "typical_volume": 25934.8, "trend": 2.926702, "fair_value": 2.793834, "relative_strength": -0.224837, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -5.376561, "energy": 12.791223, "activity_lines": [ 2.935789, 2.92147, 2.926572, 2.929653 ] }, { "date": "2025-04-11", "close": 2.871572, "volume": 21859, "typical_volume": 26163.5, "trend": 2.923067, "fair_value": 2.793731, "relative_strength": 0.881164, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -13.762337, "energy": 6.273414, "activity_lines": [ 2.914585, 2.914034, 2.919518, 2.926096 ] }, { "date": "2025-04-18", "close": 2.853398, "volume": 4946, "typical_volume": 24187.1, "trend": 2.922158, "fair_value": 2.793564, "relative_strength": -5.186822, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -54.913549, "energy": 38.378441, "activity_lines": [ 2.887324, 2.903956, 2.911513, 2.921601 ] }, { "date": "2025-04-25", "close": 3.035143, "volume": 21307, "typical_volume": 24093.45, "trend": 2.926702, "fair_value": 2.794614, "relative_strength": -2.853767, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 30.782166, "energy": 14.354565, "activity_lines": [ 2.929125, 2.927748, 2.921639, 2.92889 ] }, { "date": "2025-05-02", "close": 2.980619, "volume": 32914, "typical_volume": 21875.05, "trend": 2.930337, "fair_value": 2.796354, "relative_strength": -6.870604, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 21.099941, "energy": 14.2933, "activity_lines": [ 2.949117, 2.938818, 2.926831, 2.932369 ] }, { "date": "2025-05-09", "close": 3.016968, "volume": 8344, "typical_volume": 19969.5, "trend": 2.935183, "fair_value": 2.797652, "relative_strength": -8.12046, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 46.851642, "energy": 42.694321, "activity_lines": [ 2.979408, 2.954844, 2.935529, 2.937958 ] }, { "date": "2025-05-16", "close": 3.016968, "volume": 18679, "typical_volume": 20714.45, "trend": 2.940333, "fair_value": 2.798377, "relative_strength": -10.911088, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 57.903581, "energy": 50.045487, "activity_lines": [ 3.001217, 2.968227, 2.943838, 2.943235 ] }, { "date": "2025-05-23", "close": 3.036063, "volume": 41130, "typical_volume": 21921.05, "trend": 2.946421, "fair_value": 2.799654, "relative_strength": -7.490124, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 58.581125, "energy": 55.79202, "activity_lines": [ 3.019698, 2.982439, 2.953662, 2.949411 ] }, { "date": "2025-05-30", "close": 3.074253, "volume": 22447, "typical_volume": 22293.3, "trend": 2.953177, "fair_value": 2.800425, "relative_strength": -7.672644, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.933567, "energy": 57.988638, "activity_lines": [ 3.038732, 3.002586, 2.966642, 2.957658 ] }, { "date": "2025-06-06", "close": 3.055158, "volume": 40367, "typical_volume": 23362.8, "trend": 2.96172, "fair_value": 2.801556, "relative_strength": -9.283279, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 59.615644, "energy": 49.766038, "activity_lines": [ 3.048793, 3.017558, 2.977142, 2.964237 ] }, { "date": "2025-06-13", "close": 3.093347, "volume": 30953, "typical_volume": 24812.85, "trend": 2.964872, "fair_value": 2.802986, "relative_strength": -5.281568, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.19215, "energy": 47.872808, "activity_lines": [ 3.066615, 3.037623, 2.990881, 2.972729 ] }, { "date": "2025-06-20", "close": 3.074253, "volume": 6864, "typical_volume": 24709.9, "trend": 2.966176, "fair_value": 2.804454, "relative_strength": -5.218426, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 59.047741, "energy": 45.109874, "activity_lines": [ 3.07298, 3.050515, 3.001962, 2.979786 ] }, { "date": "2025-06-27", "close": 3.093347, "volume": 5758, "typical_volume": 22981.65, "trend": 2.968419, "fair_value": 2.80642, "relative_strength": -5.603102, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 60.791635, "energy": 42.778336, "activity_lines": [ 3.08189, 3.063193, 3.014069, 2.987991 ] }, { "date": "2025-07-04", "close": 3.112442, "volume": 12093, "typical_volume": 22470.6, "trend": 2.969178, "fair_value": 2.809206, "relative_strength": -4.547058, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 61.986293, "energy": 41.827835, "activity_lines": [ 3.093347, 3.07498, 3.027068, 2.997283 ] }, { "date": "2025-07-11", "close": 3.150631, "volume": 21035, "typical_volume": 23177.2, "trend": 2.974542, "fair_value": 2.811379, "relative_strength": -4.34693, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.582807, "energy": 48.170897, "activity_lines": [ 3.114988, 3.092306, 3.0426, 3.008989 ] }, { "date": "2025-07-18", "close": 3.150631, "volume": 26878, "typical_volume": 24191.3, "trend": 2.981724, "fair_value": 2.813444, "relative_strength": -4.74992, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.351628, "energy": 46.606338, "activity_lines": [ 3.130263, 3.10654, 3.056891, 3.02035 ] }, { "date": "2025-07-25", "close": 3.2652, "volume": 8773, "typical_volume": 23326.95, "trend": 2.992118, "fair_value": 2.816458, "relative_strength": -2.156096, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 78.703043, "energy": 68.159368, "activity_lines": [ 3.17991, 3.139175, 3.080764, 3.038639 ] }, { "date": "2025-08-01", "close": 3.475242, "volume": 88836, "typical_volume": 25862.9, "trend": 3.01012, "fair_value": 2.821408, "relative_strength": 6.309916, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 90.674245, "energy": 85.190552, "activity_lines": [ 3.28684, 3.205485, 3.122766, 3.069808 ] }, { "date": "2025-08-08", "close": 3.723474, "volume": 51439, "typical_volume": 26328.1, "trend": 3.036397, "fair_value": 2.826877, "relative_strength": 9.385316, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 95.726156, "energy": 96.57008, "activity_lines": [ 3.451055, 3.308944, 3.186054, 3.115831 ] }, { "date": "2025-08-15", "close": 3.704379, "volume": 34880, "typical_volume": 27272.85, "trend": 3.060825, "fair_value": 2.832009, "relative_strength": 6.184308, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 87.364941, "energy": 94.68647, "activity_lines": [ 3.56817, 3.397127, 3.243986, 3.158926 ] }, { "date": "2025-08-22", "close": 4.048084, "volume": 95629, "typical_volume": 29756.55, "trend": 3.098527, "fair_value": 2.839934, "relative_strength": 14.111448, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 95.395478, "energy": 97.953653, "activity_lines": [ 3.762936, 3.535998, 3.331076, 3.222621 ] }, { "date": "2025-08-29", "close": 3.895326, "volume": 39879, "typical_volume": 30657.55, "trend": 3.131441, "fair_value": 2.846505, "relative_strength": 12.500476, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 75.599785, "energy": 90.823752, "activity_lines": [ 3.846953, 3.629736, 3.398102, 3.274027 ] }, { "date": "2025-09-05", "close": 3.761663, "volume": 46494, "typical_volume": 32734.95, "trend": 3.160202, "fair_value": 2.852058, "relative_strength": 10.159921, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.685446, "energy": 75.797018, "activity_lines": [ 3.844407, 3.684243, 3.447522, 3.314686 ] }, { "date": "2025-09-12", "close": 3.971705, "volume": 38072, "typical_volume": 33573.2, "trend": 3.19657, "fair_value": 2.859279, "relative_strength": 13.573141, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 75.489071, "energy": 69.284171, "activity_lines": [ 3.89278, 3.764788, 3.512622, 3.367041 ] }, { "date": "2025-09-19", "close": 3.818947, "volume": 23194, "typical_volume": 33087.2, "trend": 3.227543, "fair_value": 2.866111, "relative_strength": 9.733757, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.87555, "energy": 58.572243, "activity_lines": [ 3.873685, 3.801936, 3.558713, 3.407195 ] }, { "date": "2025-09-26", "close": 3.971705, "volume": 75415, "typical_volume": 36440.75, "trend": 3.264214, "fair_value": 2.875156, "relative_strength": 12.974227, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 69.269586, "energy": 56.024704, "activity_lines": [ 3.897872, 3.854706, 3.615361, 3.455205 ] }, { "date": "2025-10-03", "close": 4.162652, "volume": 63768, "typical_volume": 38695.2, "trend": 3.30725, "fair_value": 2.883923, "relative_strength": 16.438512, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 77.583493, "energy": 61.199029, "activity_lines": [ 3.9908, 3.927266, 3.685648, 3.513169 ] }, { "date": "2025-10-10", "close": 4.410884, "volume": 113719, "typical_volume": 42324.65, "trend": 3.354926, "fair_value": 2.89589, "relative_strength": 26.309481, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 81.931931, "energy": 64.33956, "activity_lines": [ 4.148649, 4.028642, 3.77412, 3.584371 ] }, { "date": "2025-10-17", "close": 4.544548, "volume": 60346, "typical_volume": 44219.6, "trend": 3.407057, "fair_value": 2.907481, "relative_strength": 30.211109, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 83.036488, "energy": 75.56101, "activity_lines": [ 4.307773, 4.137309, 3.868775, 3.661121 ] }, { "date": "2025-10-24", "close": 4.487263, "volume": 33767, "typical_volume": 43889.6, "trend": 3.458187, "fair_value": 2.918597, "relative_strength": 25.682317, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 72.770978, "energy": 81.680062, "activity_lines": [ 4.409611, 4.220631, 3.950974, 3.730812 ] }, { "date": "2025-10-31", "close": 4.582737, "volume": 45647, "typical_volume": 44624.3, "trend": 3.51462, "fair_value": 2.93011, "relative_strength": 25.640195, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 75.126821, "energy": 85.210482, "activity_lines": [ 4.49872, 4.307078, 4.035445, 3.803363 ] }, { "date": "2025-11-07", "close": 4.582737, "volume": 47919, "typical_volume": 46677.05, "trend": 3.571659, "fair_value": 2.941838, "relative_strength": 25.70541, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 71.038121, "energy": 80.330569, "activity_lines": [ 4.547093, 4.383804, 4.112824, 3.872274 ] }, { "date": "2025-11-14", "close": 3.58981, "volume": 301778, "typical_volume": 61478.05, "trend": 3.596206, "fair_value": 2.947684, "relative_strength": -3.808281, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 30.721638, "energy": 29.737454, "activity_lines": [ 4.236486, 4.2675, 4.088456, 3.873445 ] }, { "date": "2025-11-21", "close": 3.704379, "volume": 97356, "typical_volume": 65741.2, "trend": 3.618514, "fair_value": 2.953942, "relative_strength": 2.451062, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 22.311792, "energy": 18.68009, "activity_lines": [ 4.018806, 4.175151, 4.072634, 3.880424 ] }, { "date": "2025-11-28", "close": 3.628, "volume": 31861, "typical_volume": 66282.5, "trend": 3.640093, "fair_value": 2.960248, "relative_strength": -1.11531, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 5.662024, "energy": 23.564485, "activity_lines": [ 3.831677, 4.073775, 4.04672, 3.881036 ] }, { "date": "2025-12-05", "close": 3.704379, "volume": 50880, "typical_volume": 67482.6, "trend": 3.663007, "fair_value": 2.966774, "relative_strength": 0.872827, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -1.396829, "energy": 29.222183, "activity_lines": [ 3.727293, 3.989758, 4.025807, 3.885183 ] }, { "date": "2025-12-12", "close": 3.58981, "volume": 21801, "typical_volume": 68134.0, "trend": 3.682102, "fair_value": 2.972406, "relative_strength": -2.357995, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -27.093864, "energy": 40.108293, "activity_lines": [ 3.643276, 3.889771, 3.991345, 3.880461 ] }, { "date": "2025-12-19", "close": 3.608905, "volume": 59549, "typical_volume": 66669.65, "trend": 3.701196, "fair_value": 2.978159, "relative_strength": -4.429957, "stage": 2, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -27.390877, "energy": 43.754142, "activity_lines": [ 3.631819, 3.803671, 3.957157, 3.875739 ] }, { "date": "2025-12-26", "close": 3.647095, "volume": 6488, "typical_volume": 64422.1, "trend": 3.720291, "fair_value": 2.984051, "relative_strength": -2.987895, "stage": 2, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -23.73282, "energy": 41.667759, "activity_lines": [ 3.631819, 3.739097, 3.925969, 3.872248 ] }, { "date": "2026-01-02", "close": 3.58981, "volume": 65010, "typical_volume": 65928.6, "trend": 3.738113, "fair_value": 2.989414, "relative_strength": -5.977998, "stage": 2, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -25.359929, "energy": 29.566043, "activity_lines": [ 3.616543, 3.680424, 3.889689, 3.86383 ] }, { "date": "2026-01-09", "close": 3.838042, "volume": 125936, "typical_volume": 67443.95, "trend": 3.762936, "fair_value": 2.996314, "relative_strength": -0.241892, "stage": 2, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -8.937622, "energy": 15.644462, "activity_lines": [ 3.686557, 3.683201, 3.877595, 3.870277 ] }, { "date": "2026-01-16", "close": 3.761663, "volume": 38394, "typical_volume": 67369.7, "trend": 3.78585, "fair_value": 3.001545, "relative_strength": -2.404502, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -13.855696, "energy": 13.428238, "activity_lines": [ 3.722201, 3.685631, 3.859228, 3.870195 ] }, { "date": "2026-01-23", "close": 3.780758, "volume": 28575, "typical_volume": 66473.75, "trend": 3.808763, "fair_value": 3.007972, "relative_strength": 0.122986, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -9.515206, "energy": 8.137379, "activity_lines": [ 3.752752, 3.706462, 3.843316, 3.869867 ] }, { "date": "2026-01-30", "close": 3.780758, "volume": 30042, "typical_volume": 66072.25, "trend": 3.831041, "fair_value": 3.014451, "relative_strength": -1.480004, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -5.281894, "energy": 9.526827, "activity_lines": [ 3.771847, 3.723821, 3.827313, 3.86806 ] }, { "date": "2026-02-06", "close": 3.914421, "volume": 79219, "typical_volume": 68873.5, "trend": 3.8565, "fair_value": 3.021895, "relative_strength": 1.061226, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 2.138891, "energy": 8.165527, "activity_lines": [ 3.826585, 3.764093, 3.824948, 3.873439 ] }, { "date": "2026-02-13", "close": 3.895326, "volume": 64203, "typical_volume": 68312.9, "trend": 3.881323, "fair_value": 3.029056, "relative_strength": 1.327245, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -20.92364, "energy": 17.112333, "activity_lines": [ 3.853318, 3.795686, 3.820311, 3.875944 ] }, { "date": "2026-02-20", "close": 4.009894, "volume": 80265, "typical_volume": 69137.75, "trend": 3.906147, "fair_value": 3.037326, "relative_strength": 1.712775, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 20.480049, "energy": 20.192491, "activity_lines": [ 3.914421, 3.844638, 3.826949, 3.884239 ] }, { "date": "2026-02-27", "close": 3.971705, "volume": 35362, "typical_volume": 65219.9, "trend": 3.922695, "fair_value": 3.045459, "relative_strength": -1.049386, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 17.963088, "energy": 24.941878, "activity_lines": [ 3.946245, 3.879009, 3.830677, 3.888468 ] }, { "date": "2026-03-06", "close": 3.95261, "volume": 83615, "typical_volume": 66383.35, "trend": 3.930333, "fair_value": 3.053846, "relative_strength": 4.936534, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 14.677594, "energy": 25.528635, "activity_lines": [ 3.958975, 3.903311, 3.834678, 3.890398 ] }, { "date": "2026-03-13", "close": 3.914421, "volume": 86279, "typical_volume": 69008.95, "trend": 3.937335, "fair_value": 3.061504, "relative_strength": 3.274554, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 13.311631, "energy": 18.781858, "activity_lines": [ 3.947518, 3.915115, 3.83786, 3.889372 ] }, { "date": "2026-03-20", "close": 4.086274, "volume": 50246, "typical_volume": 69238.9, "trend": 3.938608, "fair_value": 3.070103, "relative_strength": 11.047816, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 23.167114, "energy": 24.667014, "activity_lines": [ 3.993346, 3.952263, 3.860137, 3.898981 ] }, { "date": "2026-03-27", "close": 3.95261, "volume": 22414, "typical_volume": 67963.65, "trend": 3.940517, "fair_value": 3.07806, "relative_strength": 5.730928, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 11.933924, "energy": 12.769965, "activity_lines": [ 3.981889, 3.960595, 3.872049, 3.899884 ] }, { "date": "2026-04-03", "close": 4.048084, "volume": 15681, "typical_volume": 53658.8, "trend": 3.950064, "fair_value": 3.087273, "relative_strength": 2.832062, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 17.470122, "energy": 16.263212, "activity_lines": [ 4.006076, 3.982815, 3.896054, 3.906824 ] }, { "date": "2026-04-10", "close": 4.1722, "volume": 33103, "typical_volume": 50446.15, "trend": 3.956748, "fair_value": 3.097067, "relative_strength": 1.494815, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 36.765678, "energy": 37.037313, "activity_lines": [ 4.066542, 4.02274, 3.929697, 3.921155 ] }, { "date": "2026-04-17", "close": 4.630474, "volume": 95360, "typical_volume": 53621.1, "trend": 3.983798, "fair_value": 3.109476, "relative_strength": 9.36243, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 57.66136, "energy": 64.292114, "activity_lines": [ 4.265128, 4.138871, 4.004757, 3.964622 ] }, { "date": "2026-04-24", "close": 4.487263, "volume": 50915, "typical_volume": 53622.85, "trend": 4.000984, "fair_value": 3.121397, "relative_strength": 8.367498, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 47.592586, "energy": 68.157078, "activity_lines": [ 4.368239, 4.215944, 4.061405, 3.997103 ] }, { "date": "2026-05-01", "close": 4.506358, "volume": 38569, "typical_volume": 54461.25, "trend": 4.012441, "fair_value": 3.13344, "relative_strength": 7.127009, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 70.198058, "energy": 79.156424, "activity_lines": [ 4.450983, 4.285727, 4.116143, 4.029708 ] }, { "date": "2026-05-08", "close": 4.592284, "volume": 39268, "typical_volume": 53447.2, "trend": 4.018487, "fair_value": 3.145926, "relative_strength": 6.469028, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 73.506944, "energy": 82.759684, "activity_lines": [ 4.525453, 4.362106, 4.1747, 4.067117 ] }, { "date": "2026-05-15", "close": 4.535, "volume": 34605, "typical_volume": 54853.05, "trend": 4.018169, "fair_value": 3.157831, "relative_strength": 5.094798, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.615911, "energy": 71.795396, "activity_lines": [ 4.544547, 4.416786, 4.223119, 4.100441 ] }, { "date": "2026-05-22", "close": 4.71, "volume": 28128, "typical_volume": 53008.95, "trend": 4.025594, "fair_value": 3.170243, "relative_strength": 7.849367, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 73.4079, "energy": 65.768959, "activity_lines": [ 4.597789, 4.492696, 4.283977, 4.145075 ] }, { "date": "2026-05-29", "close": 4.8, "volume": 52076, "typical_volume": 49315.95, "trend": 4.032836, "fair_value": 3.183455, "relative_strength": 8.300508, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 73.78324, "energy": 59.66489, "activity_lines": [ 4.675728, 4.570504, 4.348071, 4.195037 ] }, { "date": "2026-06-05", "close": 4.76, "volume": 480, "typical_volume": 47420.25, "trend": 4.038744, "fair_value": 3.196187, "relative_strength": 7.238653, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 68.467399, "energy": 60.529016, "activity_lines": [ 4.719486, 4.628063, 4.403775, 4.24195 ] }, { "date": "2026-06-12", "close": 4.92, "volume": 11959, "typical_volume": 46589.45, "trend": 4.083084, "fair_value": 3.210056, "relative_strength": 6.995198, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 77.303401, "energy": 79.435964, "activity_lines": [ 4.799667, 4.700033, 4.469964, 4.298806 ] }, { "date": "2026-06-19", "close": 4.87, "volume": 8725, "typical_volume": 45523.6, "trend": 4.121938, "fair_value": 3.223717, "relative_strength": 2.892976, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 68.463067, "energy": 74.412253, "activity_lines": [ 4.841333, 4.747058, 4.525965, 4.349574 ] }, { "date": "2026-06-26", "close": 4.73, "volume": 1911, "typical_volume": 41658.2, "trend": 4.158671, "fair_value": 3.236369, "relative_strength": 2.704655, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.050488, "energy": 58.775212, "activity_lines": [ 4.814, 4.755942, 4.563447, 4.388804 ] }, { "date": "2026-07-03", "close": 4.8, "volume": 1000, "typical_volume": 38498.05, "trend": 4.195192, "fair_value": 3.249693, "relative_strength": 0.892035, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.719578, "energy": 51.583575, "activity_lines": [ 4.808667, 4.775744, 4.603711, 4.43018 ] }, { "date": "2026-07-10", "close": 4.69, "volume": 36752, "typical_volume": 36322.4, "trend": 4.231865, "fair_value": 3.261976, "relative_strength": -1.25791, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 47.579146, "energy": 38.180258, "activity_lines": [ 4.766667, 4.76986, 4.629191, 4.462103 ] }, { "date": "2026-07-17", "close": 4.8, "volume": 21527, "typical_volume": 35630.65, "trend": 4.271568, "fair_value": 3.274741, "relative_strength": 2.171248, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 48.162589, "energy": 35.863041, "activity_lines": [ 4.766, 4.780636, 4.661909, 4.498757 ] }, { "date": "2026-07-24", "close": 4.98, "volume": 25969, "typical_volume": 32748.35, "trend": 4.315999, "fair_value": 3.28866, "relative_strength": 5.80773, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 72.149205, "energy": 48.930268, "activity_lines": [ 4.833333, 4.820364, 4.707825, 4.544462 ] }, { "date": "2026-07-31", "close": 4.91, "volume": 20576, "typical_volume": 29463.2, "trend": 4.360005, "fair_value": 3.302353, "relative_strength": 3.423126, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.079899, "energy": 46.387625, "activity_lines": [ 4.87, 4.839273, 4.742182, 4.582785 ] }, { "date": "2026-08-07", "close": 5.0, "volume": 21381, "typical_volume": 28019.95, "trend": 4.398737, "fair_value": 3.316736, "relative_strength": 2.213346, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.156996, "energy": 54.339988, "activity_lines": [ 4.924667, 4.870909, 4.78037, 4.624075 ] } ], "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." } } }