{ "ticker": { "uuid": "20c835a6-0647-4ac4-b05f-583866d01b8d", "symbol": "IUVE", "name": "iShares MSCI USA Value Factor Advanced UCITS ETF USD Acc", "exchange": "AMS", "country": "NL", "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": "^AEX", "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": 91.199, "architecture_energy": 74.486, "architecture_maturity": 64.807, "architecture_confidence": 94.287, "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": 9.61, "rotation_up": 61.6, "upward_expansion": 85.33, "deceleration": 58.22, "rotation_down": 29.0, "downward_expansion": 12.0 }, "activity_lines": [ 9.257133, 9.178527, 9.014044, 8.731468 ], "activity_state": "Wide", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.666667 }, "latest_close": 9.506, "trend_reference": 8.390637, "distance_from_trend": 0.13293, "trend_direction": "Improving", "fair_value": 6.425471, "distance_from_fair_value": 0.479425, "fair_value_direction": "Improving", "relative_strength": 8.382968, "relative_strength_direction": "Weakening", "price_momentum": 0.225016, "excess_performance": 0.108353, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.13293, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.075834, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.479425, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.040372, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.08383, "read": "Leading" }, { "label": "Relative strength direction", "positive": false, "value": -0.062431, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.225016, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 3.184264, "read": "Demand-led" } ], "volume": { "latest": 11096, "relative_activity": 0.182105, "balance": 3.184264, "dry_up": 0.247141, "accumulation_observations": 3, "distribution_observations": 1 }, "risk": { "range_context": 0.017932, "annualized_volatility": 0.140969, "from_high_reference": 0.0, "from_low_reference": 0.448953 }, "levels": { "trend_reference": 8.390637, "fair_value_reference": 6.425471, "structural_low": 7.2551, "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 32, "median_return": 0.011825, "positive_rate": 0.71875, "directional_follow_through": 0.71875, "median_excess_return": 0.004249, "regime_survival": 0.8125, "best_return": 0.080748, "worst_return": -0.079457, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 12, "median_return": 0.026094, "positive_rate": 0.75, "directional_follow_through": 0.75, "median_excess_return": 0.020156, "regime_survival": 0.666667, "best_return": 0.110739, "worst_return": -0.066934, "sufficient": true }, { "horizon": "Extended", "sample_count": 6, "median_return": 0.063066, "positive_rate": 1.0, "directional_follow_through": 1.0, "median_excess_return": 0.027904, "regime_survival": 0.833333, "best_return": 0.182764, "worst_return": 0.016406, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 3, "median_return": 0.155115, "positive_rate": 1.0, "directional_follow_through": 1.0, "median_excess_return": 0.034256, "regime_survival": 0.666667, "best_return": 0.253707, "worst_return": 0.083642, "sufficient": false } ], "ledger": [ { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2023-10-13", "end": "2023-11-10", "tenure": "Developing", "return": 0.006297, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2023-11-17", "end": "2023-11-24", "tenure": "New", "return": 0.010314, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2023-12-01", "end": "2023-12-15", "tenure": "New", "return": 0.057731, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2023-12-22", "end": "2024-04-26", "tenure": "Established", "return": 0.03533, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-05-03", "end": "2024-05-24", "tenure": "New", "return": 0.028042, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-05-31", "end": "2024-12-27", "tenure": "Extended", "return": 0.075999, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-01-03", "end": "2025-02-07", "tenure": "Developing", "return": 0.033098, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-02-14", "end": "2025-03-21", "tenure": "Developing", "return": -0.050894, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-03-28", "end": "2025-04-04", "tenure": "New", "return": -0.100492, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-04-11", "end": "2025-06-06", "tenure": "Developing", "return": 0.137655, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-06-13", "end": "2025-07-04", "tenure": "New", "return": 0.043888, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-07-11", "end": "2026-03-13", "tenure": "Extended", "return": 0.147558, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-03-20", "end": "2026-04-17", "tenure": "Developing", "return": 0.099267, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-04-24", "end": "2026-08-07", "tenure": "Established", "return": 0.148914, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 4.8437, "volume": 23623, "typical_volume": 60763.4, "trend": 4.780583, "fair_value": 4.828096, "relative_strength": 2.655381, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 60.979407, "energy": 48.524119, "activity_lines": [ 4.969553, 4.967758, 4.884381, 4.826544 ] }, { "date": "2023-08-25", "close": 4.8271, "volume": 128899, "typical_volume": 67193.95, "trend": 4.781793, "fair_value": 4.828087, "relative_strength": 2.58321, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 38.102631, "energy": 24.930256, "activity_lines": [ 4.909167, 4.946071, 4.8858, 4.829545 ] }, { "date": "2023-09-01", "close": 4.9786, "volume": 12517, "typical_volume": 67681.6, "trend": 4.78216, "fair_value": 4.829407, "relative_strength": 4.054399, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 41.265036, "energy": 29.100485, "activity_lines": [ 4.914613, 4.953295, 4.900717, 4.842242 ] }, { "date": "2023-09-08", "close": 4.9038, "volume": 48047, "typical_volume": 70055.0, "trend": 4.78434, "fair_value": 4.830054, "relative_strength": 3.50903, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 31.465583, "energy": 25.913684, "activity_lines": [ 4.904727, 4.943433, 4.907234, 4.85009 ] }, { "date": "2023-09-15", "close": 4.8829, "volume": 11706, "typical_volume": 65734.05, "trend": 4.786353, "fair_value": 4.830509, "relative_strength": 2.751137, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 30.071317, "energy": 20.447291, "activity_lines": [ 4.89756, 4.929564, 4.910707, 4.856448 ] }, { "date": "2023-09-22", "close": 4.782, "volume": 5287, "typical_volume": 65346.65, "trend": 4.787793, "fair_value": 4.830095, "relative_strength": 2.221092, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -0.501727, "energy": 7.777564, "activity_lines": [ 4.862487, 4.89732, 4.903751, 4.856168 ] }, { "date": "2023-09-29", "close": 4.7718, "volume": 8575, "typical_volume": 64952.1, "trend": 4.78952, "fair_value": 4.829601, "relative_strength": 2.189081, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -7.345403, "energy": 19.69428, "activity_lines": [ 4.828127, 4.866453, 4.895125, 4.855136 ] }, { "date": "2023-10-06", "close": 4.6764, "volume": 17469, "typical_volume": 65105.6, "trend": 4.793107, "fair_value": 4.828313, "relative_strength": 0.453456, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -37.785876, "energy": 47.286746, "activity_lines": [ 4.765653, 4.823427, 4.876568, 4.847838 ] }, { "date": "2023-10-13", "close": 4.7168, "volume": 7831, "typical_volume": 63688.1, "trend": 4.798327, "fair_value": 4.827384, "relative_strength": 0.396584, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -29.880044, "energy": 55.287753, "activity_lines": [ 4.736793, 4.79586, 4.861745, 4.842915 ] }, { "date": "2023-10-20", "close": 4.618, "volume": 34179, "typical_volume": 64541.5, "trend": 4.802603, "fair_value": 4.825654, "relative_strength": 0.751283, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -43.107252, "energy": 67.131171, "activity_lines": [ 4.687467, 4.756371, 4.837168, 4.831281 ] }, { "date": "2023-10-27", "close": 4.544, "volume": 781, "typical_volume": 62047.6, "trend": 4.798187, "fair_value": 4.823345, "relative_strength": -0.462092, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -57.651742, "energy": 76.480825, "activity_lines": [ 4.631133, 4.709805, 4.806095, 4.814597 ] }, { "date": "2023-11-03", "close": 4.7965, "volume": 114756, "typical_volume": 67767.4, "trend": 4.803673, "fair_value": 4.823127, "relative_strength": 1.948336, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -35.35589, "energy": 45.246721, "activity_lines": [ 4.674833, 4.714598, 4.800213, 4.814488 ] }, { "date": "2023-11-10", "close": 4.7465, "volume": 3492, "typical_volume": 66540.05, "trend": 4.804867, "fair_value": 4.822509, "relative_strength": -0.367427, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -31.501059, "energy": 32.360477, "activity_lines": [ 4.70022, 4.710856, 4.790073, 4.810799 ] }, { "date": "2023-11-17", "close": 4.9156, "volume": 3, "typical_volume": 54265.65, "trend": 4.812643, "fair_value": 4.823254, "relative_strength": 1.545474, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": 8.753401, "energy": 10.028047, "activity_lines": [ 4.7773, 4.74208, 4.79623, 4.817943 ] }, { "date": "2023-11-24", "close": 4.9663, "volume": 705743, "typical_volume": 80662.05, "trend": 4.82115, "fair_value": 4.824389, "relative_strength": 1.690251, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": 27.463624, "energy": 32.074276, "activity_lines": [ 4.858027, 4.782307, 4.807104, 4.827857 ] }, { "date": "2023-12-01", "close": 5.0389, "volume": 12378, "typical_volume": 80921.7, "trend": 4.83461, "fair_value": 4.826078, "relative_strength": 2.423001, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 47.716967, "energy": 46.439061, "activity_lines": [ 4.939733, 4.834218, 4.824489, 4.841905 ] }, { "date": "2023-12-08", "close": 5.0961, "volume": 10547, "typical_volume": 68146.85, "trend": 4.85134, "fair_value": 4.828188, "relative_strength": 2.195314, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 54.543902, "energy": 72.284077, "activity_lines": [ 5.007513, 4.891858, 4.846943, 4.858775 ] }, { "date": "2023-12-15", "close": 5.3298, "volume": 776520, "typical_volume": 105558.35, "trend": 4.873907, "fair_value": 4.832076, "relative_strength": 5.325294, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 93.22978, "energy": 93.989792, "activity_lines": [ 5.13322, 4.986093, 4.89147, 4.889644 ] }, { "date": "2023-12-22", "close": 5.3495, "volume": 97586, "typical_volume": 110354.8, "trend": 4.897417, "fair_value": 4.836056, "relative_strength": 6.6415, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 89.950903, "energy": 95.908737, "activity_lines": [ 5.226607, 5.072029, 4.936885, 4.920327 ] }, { "date": "2023-12-29", "close": 5.3538, "volume": 1532, "typical_volume": 101073.55, "trend": 4.918073, "fair_value": 4.840008, "relative_strength": 6.471422, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 81.657039, "energy": 93.161378, "activity_lines": [ 5.2925, 5.147244, 4.98128, 4.949771 ] }, { "date": "2024-01-05", "close": 5.3218, "volume": 70266, "typical_volume": 103405.7, "trend": 4.936, "fair_value": 4.843658, "relative_strength": 6.759868, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 68.417194, "energy": 88.518372, "activity_lines": [ 5.321893, 5.203262, 5.020794, 4.975818 ] }, { "date": "2024-01-12", "close": 5.2995, "volume": 103577, "typical_volume": 102139.6, "trend": 4.949243, "fair_value": 4.847086, "relative_strength": 5.746107, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.837937, "energy": 86.951163, "activity_lines": [ 5.324993, 5.241084, 5.055907, 4.99927 ] }, { "date": "2024-01-19", "close": 5.2985, "volume": 35884, "typical_volume": 103307.95, "trend": 4.966297, "fair_value": 4.850454, "relative_strength": 5.972659, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 64.922166, "energy": 75.229623, "activity_lines": [ 5.3142, 5.269578, 5.088676, 5.021802 ] }, { "date": "2024-01-26", "close": 5.3972, "volume": 17090, "typical_volume": 101760.1, "trend": 4.983123, "fair_value": 4.854504, "relative_strength": 2.751134, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 76.937302, "energy": 68.481633, "activity_lines": [ 5.338393, 5.305982, 5.129321, 5.049603 ] }, { "date": "2024-02-02", "close": 5.3831, "volume": 12490, "typical_volume": 101799.3, "trend": 4.99985, "fair_value": 4.858391, "relative_strength": 1.873298, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 71.945942, "energy": 69.461739, "activity_lines": [ 5.354707, 5.331065, 5.166274, 5.075408 ] }, { "date": "2024-02-09", "close": 5.4143, "volume": 139206, "typical_volume": 108495.25, "trend": 5.015003, "fair_value": 4.862449, "relative_strength": -1.031273, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 73.757973, "energy": 72.952065, "activity_lines": [ 5.379467, 5.354244, 5.203816, 5.102146 ] }, { "date": "2024-02-16", "close": 5.4712, "volume": 4808, "typical_volume": 108306.9, "trend": 5.028807, "fair_value": 4.86686, "relative_strength": -0.751563, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 80.800408, "energy": 88.452468, "activity_lines": [ 5.417027, 5.380942, 5.243767, 5.131578 ] }, { "date": "2024-02-23", "close": 5.5157, "volume": 19636, "typical_volume": 108415.25, "trend": 5.04191, "fair_value": 4.871528, "relative_strength": 0.392326, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 82.723726, "energy": 90.463388, "activity_lines": [ 5.457973, 5.408911, 5.284625, 5.162991 ] }, { "date": "2024-03-01", "close": 5.5392, "volume": 23846, "typical_volume": 109216.0, "trend": 5.058247, "fair_value": 4.876297, "relative_strength": 0.838391, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 82.151514, "energy": 87.724033, "activity_lines": [ 5.492273, 5.437773, 5.323724, 5.195074 ] }, { "date": "2024-03-08", "close": 5.6257, "volume": 38735, "typical_volume": 109443.8, "trend": 5.080143, "fair_value": 4.881612, "relative_strength": 1.3647, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 88.313314, "energy": 90.58161, "activity_lines": [ 5.54594, 5.478913, 5.367146, 5.231684 ] }, { "date": "2024-03-15", "close": 5.5882, "volume": 10647, "typical_volume": 109937.1, "trend": 5.10496, "fair_value": 4.886588, "relative_strength": 1.816888, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 75.246262, "energy": 89.013712, "activity_lines": [ 5.570933, 5.508291, 5.402197, 5.264462 ] }, { "date": "2024-03-22", "close": 5.7326, "volume": 0, "typical_volume": 104199.3, "trend": 5.135143, "fair_value": 4.892504, "relative_strength": 1.39763, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 92.230117, "energy": 92.784265, "activity_lines": [ 5.632467, 5.55908, 5.446029, 5.304955 ] }, { "date": "2024-03-29", "close": 5.8064, "volume": 39100, "typical_volume": 105979.7, "trend": 5.162737, "fair_value": 4.898851, "relative_strength": 1.947681, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 92.515581, "energy": 93.619086, "activity_lines": [ 5.701173, 5.615413, 5.492431, 5.348262 ] }, { "date": "2024-04-05", "close": 5.7064, "volume": 46584, "typical_volume": 108308.75, "trend": 5.18949, "fair_value": 4.90442, "relative_strength": 0.208168, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.35415, "energy": 76.960802, "activity_lines": [ 5.717167, 5.644329, 5.524262, 5.383337 ] }, { "date": "2024-04-12", "close": 5.5908, "volume": 66971, "typical_volume": 76370.15, "trend": 5.213087, "fair_value": 4.909121, "relative_strength": -2.176392, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.482578, "energy": 66.790355, "activity_lines": [ 5.68348, 5.646605, 5.541319, 5.409228 ] }, { "date": "2024-04-19", "close": 5.4718, "volume": 5782, "typical_volume": 76040.35, "trend": 5.23608, "fair_value": 4.912949, "relative_strength": -1.713148, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 51.981754, "energy": 51.830876, "activity_lines": [ 5.612453, 5.623469, 5.544068, 5.425919 ] }, { "date": "2024-04-26", "close": 5.5385, "volume": 120618, "typical_volume": 81543.9, "trend": 5.261637, "fair_value": 4.917176, "relative_strength": -3.083029, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 42.20272, "energy": 31.197263, "activity_lines": [ 5.57142, 5.611415, 5.551108, 5.44543 ] }, { "date": "2024-05-03", "close": 5.5382, "volume": 117389, "typical_volume": 48587.35, "trend": 5.290363, "fair_value": 4.921344, "relative_strength": -3.632, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 33.649073, "energy": 31.022013, "activity_lines": [ 5.543227, 5.598082, 5.556012, 5.463272 ] }, { "date": "2024-05-10", "close": 5.6374, "volume": 11854, "typical_volume": 44300.75, "trend": 5.32105, "fair_value": 4.926117, "relative_strength": -4.425164, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 42.484937, "energy": 28.504701, "activity_lines": [ 5.56598, 5.602376, 5.569372, 5.485662 ] }, { "date": "2024-05-17", "close": 5.707, "volume": 33119, "typical_volume": 45880.1, "trend": 5.35735, "fair_value": 4.931289, "relative_strength": -3.579574, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 60.917813, "energy": 38.753917, "activity_lines": [ 5.616533, 5.61754, 5.58799, 5.510562 ] }, { "date": "2024-05-24", "close": 5.6935, "volume": 30381, "typical_volume": 43885.85, "trend": 5.395667, "fair_value": 4.936303, "relative_strength": -4.062837, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 65.287785, "energy": 47.408521, "activity_lines": [ 5.65484, 5.628771, 5.60364, 5.532249 ] }, { "date": "2024-05-31", "close": 5.5935, "volume": 35607, "typical_volume": 40487.35, "trend": 5.422233, "fair_value": 4.940599, "relative_strength": -4.538239, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 55.02419, "energy": 41.906522, "activity_lines": [ 5.645033, 5.619905, 5.607996, 5.545012 ] }, { "date": "2024-06-07", "close": 5.6817, "volume": 1356, "typical_volume": 38760.95, "trend": 5.453407, "fair_value": 4.945411, "relative_strength": -5.100931, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 60.447165, "energy": 43.372492, "activity_lines": [ 5.66096, 5.629605, 5.619352, 5.561752 ] }, { "date": "2024-06-14", "close": 5.6739, "volume": 2015, "typical_volume": 38007.2, "trend": 5.478683, "fair_value": 4.950111, "relative_strength": -4.668895, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 57.029239, "energy": 37.670648, "activity_lines": [ 5.66472, 5.640155, 5.628141, 5.575978 ] }, { "date": "2024-06-21", "close": 5.735, "volume": 55004, "typical_volume": 40132.9, "trend": 5.504307, "fair_value": 4.955142, "relative_strength": -4.283812, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.520563, "energy": 41.585709, "activity_lines": [ 5.686413, 5.662404, 5.641431, 5.592514 ] }, { "date": "2024-06-28", "close": 5.7768, "volume": 34206, "typical_volume": 34882.9, "trend": 5.528903, "fair_value": 4.959984, "relative_strength": -3.422525, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 71.978541, "energy": 55.941679, "activity_lines": [ 5.720173, 5.689631, 5.657026, 5.610094 ] }, { "date": "2024-07-05", "close": 5.7507, "volume": 115269, "typical_volume": 40405.95, "trend": 5.550723, "fair_value": 4.964689, "relative_strength": -4.788908, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.548034, "energy": 58.100091, "activity_lines": [ 5.73968, 5.706567, 5.66841, 5.624404 ] }, { "date": "2024-07-12", "close": 5.9548, "volume": 23350, "typical_volume": 40591.65, "trend": 5.571557, "fair_value": 4.970935, "relative_strength": -2.554176, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 90.185513, "energy": 85.501611, "activity_lines": [ 5.81674, 5.756755, 5.6979, 5.650473 ] }, { "date": "2024-07-19", "close": 5.8895, "volume": 56027, "typical_volume": 42200.7, "trend": 5.589557, "fair_value": 4.976631, "relative_strength": 0.384556, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 75.829165, "energy": 83.836948, "activity_lines": [ 5.853827, 5.787495, 5.71908, 5.670986 ] }, { "date": "2024-07-26", "close": 5.9102, "volume": 189500, "typical_volume": 49738.95, "trend": 5.608103, "fair_value": 4.982347, "relative_strength": 0.791035, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 73.82514, "energy": 83.197328, "activity_lines": [ 5.88344, 5.817415, 5.740564, 5.691672 ] }, { "date": "2024-08-02", "close": 5.6531, "volume": 7974, "typical_volume": 49605.3, "trend": 5.619147, "fair_value": 4.98624, "relative_strength": -0.521541, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 51.524879, "energy": 43.478244, "activity_lines": [ 5.815673, 5.796895, 5.736208, 5.694575 ] }, { "date": "2024-08-09", "close": 5.6428, "volume": 191729, "typical_volume": 59191.75, "trend": 5.63059, "fair_value": 4.989739, "relative_strength": -1.172975, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 27.260189, "energy": 17.504137, "activity_lines": [ 5.75272, 5.775236, 5.730561, 5.696102 ] }, { "date": "2024-08-16", "close": 5.7258, "volume": 105153, "typical_volume": 62494.4, "trend": 5.644833, "fair_value": 4.994271, "relative_strength": -2.110583, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 29.452291, "energy": 21.770613, "activity_lines": [ 5.724627, 5.767773, 5.733247, 5.702244 ] }, { "date": "2024-08-23", "close": 5.9806, "volume": 126227, "typical_volume": 66476.55, "trend": 5.66428, "fair_value": 4.999895, "relative_strength": 1.92017, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 59.359081, "energy": 29.549052, "activity_lines": [ 5.796733, 5.805835, 5.760583, 5.723906 ] }, { "date": "2024-08-30", "close": 5.9777, "volume": 23098, "typical_volume": 64282.9, "trend": 5.6841, "fair_value": 5.005492, "relative_strength": 0.80067, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 73.012931, "energy": 45.727855, "activity_lines": [ 5.8618, 5.837793, 5.786337, 5.744127 ] }, { "date": "2024-09-06", "close": 5.7608, "volume": 7386, "typical_volume": 64363.1, "trend": 5.69565, "fair_value": 5.01029, "relative_strength": 1.517875, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 51.258421, "energy": 44.962233, "activity_lines": [ 5.850067, 5.825902, 5.789592, 5.749075 ] }, { "date": "2024-09-13", "close": 5.9246, "volume": 15646, "typical_volume": 59114.5, "trend": 5.710763, "fair_value": 5.016362, "relative_strength": 2.047057, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.837967, "energy": 59.946611, "activity_lines": [ 5.885753, 5.844084, 5.80707, 5.763846 ] }, { "date": "2024-09-20", "close": 6.0015, "volume": 9212, "typical_volume": 53705.65, "trend": 5.726957, "fair_value": 5.022954, "relative_strength": 3.56553, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 70.672944, "energy": 62.814479, "activity_lines": [ 5.928287, 5.873085, 5.830034, 5.782604 ] }, { "date": "2024-09-27", "close": 6.1288, "volume": 5622, "typical_volume": 53394.05, "trend": 5.74661, "fair_value": 5.031016, "relative_strength": 3.429585, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 80.902957, "energy": 67.14985, "activity_lines": [ 5.994873, 5.924384, 5.862916, 5.808529 ] }, { "date": "2024-10-04", "close": 6.0071, "volume": 9578, "typical_volume": 52217.0, "trend": 5.759323, "fair_value": 5.037703, "relative_strength": 1.954172, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.391754, "energy": 65.993271, "activity_lines": [ 6.011013, 5.949204, 5.881867, 5.825335 ] }, { "date": "2024-10-11", "close": 6.1119, "volume": 4186, "typical_volume": 50907.25, "trend": 5.77678, "fair_value": 5.044637, "relative_strength": 3.187441, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 71.432357, "energy": 74.506239, "activity_lines": [ 6.060127, 5.991316, 5.90937, 5.848082 ] }, { "date": "2024-10-18", "close": 6.1514, "volume": 20870, "typical_volume": 50170.4, "trend": 5.79074, "fair_value": 5.05159, "relative_strength": 5.183963, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 73.946749, "energy": 77.548598, "activity_lines": [ 6.099, 6.032269, 5.938642, 5.872251 ] }, { "date": "2024-10-25", "close": 6.0569, "volume": 103973, "typical_volume": 55301.25, "trend": 5.79909, "fair_value": 5.057969, "relative_strength": 3.980583, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.994246, "energy": 58.476857, "activity_lines": [ 6.091253, 6.046793, 5.956258, 5.889422 ] }, { "date": "2024-11-01", "close": 6.008, "volume": 2461, "typical_volume": 55323.55, "trend": 5.809143, "fair_value": 5.063259, "relative_strength": 4.826662, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 59.801867, "energy": 51.387779, "activity_lines": [ 6.063513, 6.046405, 5.96743, 5.9029 ] }, { "date": "2024-11-08", "close": 6.2507, "volume": 147849, "typical_volume": 59965.8, "trend": 5.83114, "fair_value": 5.069867, "relative_strength": 9.981241, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 79.387477, "energy": 56.736788, "activity_lines": [ 6.124727, 6.089647, 6.000125, 5.931388 ] }, { "date": "2024-11-15", "close": 6.0844, "volume": 157646, "typical_volume": 66137.8, "trend": 5.85156, "fair_value": 5.075759, "relative_strength": 8.320871, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 56.999785, "energy": 41.974203, "activity_lines": [ 6.114267, 6.097689, 6.014526, 5.947727 ] }, { "date": "2024-11-22", "close": 6.2196, "volume": 51348, "typical_volume": 62941.75, "trend": 5.874263, "fair_value": 5.083121, "relative_strength": 8.363977, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 70.511364, "energy": 50.933637, "activity_lines": [ 6.150707, 6.124429, 6.040339, 5.971472 ] }, { "date": "2024-11-29", "close": 6.3037, "volume": 14832, "typical_volume": 62515.85, "trend": 5.89978, "fair_value": 5.091105, "relative_strength": 9.38994, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 76.303121, "energy": 67.063315, "activity_lines": [ 6.210633, 6.161096, 6.071929, 5.999177 ] }, { "date": "2024-12-06", "close": 6.3113, "volume": 25589, "typical_volume": 60993.95, "trend": 5.922243, "fair_value": 5.098404, "relative_strength": 8.122732, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 73.766308, "energy": 74.824582, "activity_lines": [ 6.25664, 6.193651, 6.10258, 6.025727 ] }, { "date": "2024-12-13", "close": 6.1966, "volume": 304781, "typical_volume": 66758.0, "trend": 5.938563, "fair_value": 5.104978, "relative_strength": 5.867564, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.732501, "energy": 73.107594, "activity_lines": [ 6.244193, 6.202033, 6.1203, 6.043428 ] }, { "date": "2024-12-20", "close": 5.9272, "volume": 98421, "typical_volume": 71280.35, "trend": 5.946353, "fair_value": 5.109265, "relative_strength": 3.371965, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 24.592071, "energy": 25.781215, "activity_lines": [ 6.145553, 6.157987, 6.110999, 6.042694 ] }, { "date": "2024-12-27", "close": 6.0186, "volume": 18, "typical_volume": 61694.8, "trend": 5.960523, "fair_value": 5.113692, "relative_strength": 4.446262, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 25.585845, "energy": 18.702926, "activity_lines": [ 6.08786, 6.133918, 6.109097, 6.047355 ] }, { "date": "2025-01-03", "close": 5.9702, "volume": 1808, "typical_volume": 56527.55, "trend": 5.97014, "fair_value": 5.117595, "relative_strength": 3.059344, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 6.344289, "energy": 23.05146, "activity_lines": [ 6.027433, 6.103464, 6.100796, 6.04798 ] }, { "date": "2025-01-10", "close": 5.9239, "volume": 1127, "typical_volume": 50272.55, "trend": 5.978473, "fair_value": 5.121158, "relative_strength": 1.641335, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -28.094874, "energy": 36.60927, "activity_lines": [ 5.973807, 6.066167, 6.086921, 6.044997 ] }, { "date": "2025-01-17", "close": 6.1627, "volume": 8451, "typical_volume": 49540.2, "trend": 5.99273, "fair_value": 5.12764, "relative_strength": 2.988498, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 16.514101, "energy": 20.051283, "activity_lines": [ 6.025607, 6.073818, 6.09606, 6.056882 ] }, { "date": "2025-01-24", "close": 6.2515, "volume": 1959, "typical_volume": 49268.85, "trend": 6.008553, "fair_value": 5.135722, "relative_strength": 5.864448, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 45.451362, "energy": 19.128983, "activity_lines": [ 6.109267, 6.099215, 6.112775, 6.073577 ] }, { "date": "2025-01-31", "close": 6.2181, "volume": 13, "typical_volume": 48487.2, "trend": 6.024133, "fair_value": 5.142983, "relative_strength": 2.884482, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 45.110579, "energy": 30.368055, "activity_lines": [ 6.160173, 6.1155, 6.123972, 6.087096 ] }, { "date": "2025-02-07", "close": 6.1678, "volume": 6927, "typical_volume": 48372.95, "trend": 6.031233, "fair_value": 5.149452, "relative_strength": 1.718838, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 41.196434, "energy": 36.343651, "activity_lines": [ 6.181013, 6.122667, 6.128981, 6.096365 ] }, { "date": "2025-02-14", "close": 6.3053, "volume": 20626, "typical_volume": 49123.15, "trend": 6.045093, "fair_value": 5.157837, "relative_strength": 1.428981, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 68.789007, "energy": 64.669479, "activity_lines": [ 6.234513, 6.157305, 6.146293, 6.114047 ] }, { "date": "2025-02-21", "close": 6.3344, "volume": 41042, "typical_volume": 50696.35, "trend": 6.059233, "fair_value": 5.16646, "relative_strength": 2.786741, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 71.809332, "energy": 70.920001, "activity_lines": [ 6.272287, 6.197344, 6.165537, 6.132712 ] }, { "date": "2025-02-28", "close": 6.1566, "volume": 1827, "typical_volume": 50578.4, "trend": 6.076017, "fair_value": 5.174378, "relative_strength": 1.541369, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 55.405126, "energy": 47.590228, "activity_lines": [ 6.239347, 6.202549, 6.166288, 6.138993 ] }, { "date": "2025-03-07", "close": 5.9929, "volume": 3072, "typical_volume": 49688.5, "trend": 6.087687, "fair_value": 5.181592, "relative_strength": -0.025485, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 15.314972, "energy": 12.161389, "activity_lines": [ 6.158167, 6.17382, 6.151236, 6.133631 ] }, { "date": "2025-03-14", "close": 5.8043, "volume": 30922, "typical_volume": 46035.95, "trend": 6.090303, "fair_value": 5.186696, "relative_strength": -2.518061, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "mixed", "direction": -36.114714, "energy": 30.273733, "activity_lines": [ 6.029133, 6.111267, 6.118977, 6.115348 ] }, { "date": "2025-03-21", "close": 5.9844, "volume": 2169, "typical_volume": 46021.35, "trend": 6.09043, "fair_value": 5.192274, "relative_strength": -0.504075, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "mixed", "direction": -26.209155, "energy": 35.973662, "activity_lines": [ 5.984367, 6.084476, 6.105073, 6.108515 ] }, { "date": "2025-03-28", "close": 6.0353, "volume": 1114, "typical_volume": 38684.6, "trend": 6.09235, "fair_value": 5.198611, "relative_strength": 1.137623, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -28.420774, "energy": 44.599524, "activity_lines": [ 5.97796, 6.06584, 6.09613, 6.104959 ] }, { "date": "2025-04-04", "close": 5.4288, "volume": 103981, "typical_volume": 36001.35, "trend": 6.081283, "fair_value": 5.201008, "relative_strength": -1.86278, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -90.067828, "energy": 86.181242, "activity_lines": [ 5.789327, 5.939247, 6.03045, 6.062149 ] }, { "date": "2025-04-11", "close": 5.4404, "volume": 7018, "typical_volume": 33784.85, "trend": 6.065143, "fair_value": 5.203646, "relative_strength": 0.86311, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -86.454092, "energy": 89.157958, "activity_lines": [ 5.65308, 5.829722, 5.968996, 6.020802 ] }, { "date": "2025-04-18", "close": 5.508, "volume": 7338, "typical_volume": 33410.15, "trend": 6.048693, "fair_value": 5.206812, "relative_strength": -1.82367, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -74.657119, "energy": 88.658397, "activity_lines": [ 5.5762, 5.746627, 5.917691, 5.984857 ] }, { "date": "2025-04-25", "close": 5.682, "volume": 40409, "typical_volume": 34151.15, "trend": 6.0338, "fair_value": 5.211953, "relative_strength": -1.184923, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.643359, "energy": 83.224472, "activity_lines": [ 5.577073, 5.707165, 5.886747, 5.961199 ] }, { "date": "2025-05-02", "close": 5.8515, "volume": 13156, "typical_volume": 19569.9, "trend": 6.028613, "fair_value": 5.218425, "relative_strength": -1.127855, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.564331, "energy": 53.142883, "activity_lines": [ 5.654607, 5.709855, 5.874942, 5.949438 ] }, { "date": "2025-05-09", "close": 5.8874, "volume": 6252, "typical_volume": 14961.45, "trend": 6.02113, "fair_value": 5.225679, "relative_strength": -1.500812, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -45.23351, "energy": 32.037251, "activity_lines": [ 5.75636, 5.727851, 5.8682, 5.940328 ] }, { "date": "2025-05-16", "close": 6.145, "volume": 11990, "typical_volume": 15560.05, "trend": 6.020917, "fair_value": 5.235674, "relative_strength": -0.072229, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -8.866568, "energy": 20.449735, "activity_lines": [ 5.913407, 5.797578, 5.88618, 5.948319 ] }, { "date": "2025-05-23", "close": 5.9668, "volume": 100120, "typical_volume": 20475.65, "trend": 6.017913, "fair_value": 5.242615, "relative_strength": -1.62222, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -19.590809, "energy": 27.371532, "activity_lines": [ 5.96408, 5.83214, 5.886588, 5.944828 ] }, { "date": "2025-05-30", "close": 6.056, "volume": 77779, "typical_volume": 24308.25, "trend": 6.019513, "fair_value": 5.250567, "relative_strength": -0.858027, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -8.049089, "energy": 24.969112, "activity_lines": [ 6.0139, 5.879965, 5.895506, 5.947285 ] }, { "date": "2025-06-06", "close": 6.1893, "volume": 6300, "typical_volume": 24200.7, "trend": 6.017467, "fair_value": 5.261096, "relative_strength": 0.414242, "stage": 3, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "mixed", "direction": 32.060903, "energy": 36.185306, "activity_lines": [ 6.08322, 5.950725, 5.916491, 5.958239 ] }, { "date": "2025-06-13", "close": 6.2386, "volume": 12298, "typical_volume": 24717.65, "trend": 6.022607, "fair_value": 5.273626, "relative_strength": 1.842866, "stage": 3, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 35.148209, "energy": 49.639359, "activity_lines": [ 6.146453, 6.027649, 5.942044, 5.972506 ] }, { "date": "2025-06-20", "close": 6.2155, "volume": 14995, "typical_volume": 25466.75, "trend": 6.02247, "fair_value": 5.28464, "relative_strength": 2.848974, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 32.526744, "energy": 55.595478, "activity_lines": [ 6.178573, 6.085649, 5.965459, 5.98495 ] }, { "date": "2025-06-27", "close": 6.4098, "volume": 12792, "typical_volume": 25760.0, "trend": 6.026007, "fair_value": 5.297777, "relative_strength": 4.509187, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 45.313255, "energy": 65.664818, "activity_lines": [ 6.27076, 6.164884, 6.007391, 6.009939 ] }, { "date": "2025-07-04", "close": 6.5124, "volume": 3746, "typical_volume": 24916.0, "trend": 6.03271, "fair_value": 5.310624, "relative_strength": 7.23706, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 87.201721, "energy": 91.046771, "activity_lines": [ 6.367613, 6.246376, 6.057942, 6.04132 ] }, { "date": "2025-07-11", "close": 6.5283, "volume": 235429, "typical_volume": 34635.35, "trend": 6.043767, "fair_value": 5.32387, "relative_strength": 5.738469, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 83.664165, "energy": 93.073428, "activity_lines": [ 6.43934, 6.315662, 6.109021, 6.073293 ] }, { "date": "2025-07-18", "close": 6.4446, "volume": 3159, "typical_volume": 34701.95, "trend": 6.061013, "fair_value": 5.335749, "relative_strength": 5.31207, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 68.111828, "energy": 87.862511, "activity_lines": [ 6.460567, 6.357424, 6.151205, 6.099153 ] }, { "date": "2025-07-25", "close": 6.5567, "volume": 50550, "typical_volume": 37075.85, "trend": 6.07895, "fair_value": 5.347552, "relative_strength": 7.687599, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 77.661491, "energy": 91.10321, "activity_lines": [ 6.505427, 6.409436, 6.202694, 6.131133 ] }, { "date": "2025-08-01", "close": 6.3447, "volume": 7392, "typical_volume": 35899.35, "trend": 6.091433, "fair_value": 5.35779, "relative_strength": 6.395245, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.326801, "energy": 76.475941, "activity_lines": [ 6.456873, 6.415418, 6.231308, 6.148278 ] }, { "date": "2025-08-08", "close": 6.5498, "volume": 3485, "typical_volume": 35965.15, "trend": 6.112297, "fair_value": 5.368262, "relative_strength": 8.736928, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 76.143445, "energy": 65.9289, "activity_lines": [ 6.481027, 6.45182, 6.276882, 6.17785 ] }, { "date": "2025-08-15", "close": 6.6835, "volume": 20588, "typical_volume": 36938.85, "trend": 6.129657, "fair_value": 5.379871, "relative_strength": 10.053576, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 86.457268, "energy": 71.595708, "activity_lines": [ 6.547253, 6.503553, 6.332497, 6.214702 ] }, { "date": "2025-08-22", "close": 6.6538, "volume": 4070, "typical_volume": 31943.3, "trend": 6.143067, "fair_value": 5.392087, "relative_strength": 7.291405, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 77.265049, "energy": 68.665063, "activity_lines": [ 6.593233, 6.5409, 6.382196, 6.248518 ] }, { "date": "2025-08-29", "close": 6.778, "volume": 46308, "typical_volume": 33907.8, "trend": 6.16173, "fair_value": 5.405813, "relative_strength": 10.95042, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 86.943507, "energy": 92.669242, "activity_lines": [ 6.666667, 6.59328, 6.437891, 6.289481 ] }, { "date": "2025-09-05", "close": 6.7551, "volume": 13600, "typical_volume": 34220.9, "trend": 6.181307, "fair_value": 5.419192, "relative_strength": 10.022418, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 75.92597, "energy": 90.43903, "activity_lines": [ 6.717713, 6.631269, 6.485035, 6.327763 ] }, { "date": "2025-09-12", "close": 6.8517, "volume": 38302, "typical_volume": 34115.55, "trend": 6.19952, "fair_value": 5.434778, "relative_strength": 10.047043, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 84.179667, "energy": 92.233444, "activity_lines": [ 6.7736, 6.680544, 6.535441, 6.371014 ] }, { "date": "2025-09-19", "close": 6.8971, "volume": 46487, "typical_volume": 35782.1, "trend": 6.218277, "fair_value": 5.451892, "relative_strength": 8.047232, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 82.851609, "energy": 88.018285, "activity_lines": [ 6.824493, 6.731904, 6.5846, 6.41602 ] }, { "date": "2025-09-26", "close": 6.9446, "volume": 2943, "typical_volume": 35616.65, "trend": 6.244543, "fair_value": 5.469467, "relative_strength": 7.599125, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 82.624683, "energy": 87.567745, "activity_lines": [ 6.87698, 6.785195, 6.633305, 6.462879 ] }, { "date": "2025-10-03", "close": 7.0426, "volume": 64, "typical_volume": 35020.35, "trend": 6.279533, "fair_value": 5.487651, "relative_strength": 6.270394, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 87.839569, "energy": 87.356524, "activity_lines": [ 6.942747, 6.847213, 6.686308, 6.514367 ] }, { "date": "2025-10-10", "close": 6.9659, "volume": 19592, "typical_volume": 30993.95, "trend": 6.318253, "fair_value": 5.505396, "relative_strength": 7.246017, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 69.436838, "energy": 68.084871, "activity_lines": [ 6.965307, 6.886451, 6.727732, 6.558648 ] }, { "date": "2025-10-17", "close": 6.9729, "volume": 126406, "typical_volume": 33425.3, "trend": 6.351203, "fair_value": 5.522656, "relative_strength": 5.481514, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.727219, "energy": 67.017415, "activity_lines": [ 6.976147, 6.915667, 6.765066, 6.600884 ] }, { "date": "2025-10-24", "close": 7.1739, "volume": 0, "typical_volume": 33110.3, "trend": 6.389157, "fair_value": 5.539634, "relative_strength": 5.786947, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 87.220606, "energy": 73.802395, "activity_lines": [ 7.045907, 6.973736, 6.817176, 6.653961 ] }, { "date": "2025-10-31", "close": 7.1722, "volume": 7285, "typical_volume": 32859.65, "trend": 6.44727, "fair_value": 5.557171, "relative_strength": 6.407081, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 81.916085, "energy": 72.217648, "activity_lines": [ 7.096647, 7.02258, 6.864435, 6.70448 ] }, { "date": "2025-11-07", "close": 7.0409, "volume": 3589, "typical_volume": 32289.35, "trend": 6.50062, "fair_value": 5.572164, "relative_strength": 6.65686, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.320096, "energy": 66.356468, "activity_lines": [ 7.088447, 7.038125, 6.894744, 6.742778 ] }, { "date": "2025-11-14", "close": 7.2064, "volume": 5344, "typical_volume": 31916.95, "trend": 6.557233, "fair_value": 5.588258, "relative_strength": 8.876405, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 79.431542, "energy": 71.132625, "activity_lines": [ 7.135527, 7.078982, 6.936885, 6.788313 ] }, { "date": "2025-11-21", "close": 6.9484, "volume": 57581, "typical_volume": 34608.7, "trend": 6.599447, "fair_value": 5.602064, "relative_strength": 7.708877, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.639808, "energy": 55.733689, "activity_lines": [ 7.080573, 7.064724, 6.95066, 6.813549 ] }, { "date": "2025-11-28", "close": 7.2831, "volume": 21991, "typical_volume": 23936.8, "trend": 6.647167, "fair_value": 5.617988, "relative_strength": 10.726304, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 81.312699, "energy": 60.967967, "activity_lines": [ 7.13882, 7.109562, 6.994236, 6.857656 ] }, { "date": "2025-12-05", "close": 7.4126, "volume": 9673, "typical_volume": 24262.5, "trend": 6.698007, "fair_value": 5.635276, "relative_strength": 11.973733, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 85.674046, "energy": 67.834856, "activity_lines": [ 7.232953, 7.170927, 7.046551, 6.907039 ] }, { "date": "2025-12-12", "close": 7.4818, "volume": 3157, "typical_volume": 21892.85, "trend": 6.742567, "fair_value": 5.653597, "relative_strength": 13.648933, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 83.608619, "energy": 70.567938, "activity_lines": [ 7.334127, 7.236365, 7.100847, 6.957606 ] }, { "date": "2025-12-19", "close": 7.4897, "volume": 162358, "typical_volume": 29641.15, "trend": 6.79333, "fair_value": 5.672494, "relative_strength": 12.808019, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 79.073253, "energy": 88.511788, "activity_lines": [ 7.40854, 7.295255, 7.15149, 7.005808 ] }, { "date": "2025-12-26", "close": 7.5333, "volume": 1073, "typical_volume": 29520.55, "trend": 6.842573, "fair_value": 5.691695, "relative_strength": 13.49237, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 75.848985, "energy": 89.281358, "activity_lines": [ 7.4786, 7.352547, 7.200832, 7.053548 ] }, { "date": "2026-01-02", "close": 7.5422, "volume": 1121, "typical_volume": 28547.2, "trend": 6.88767, "fair_value": 5.710897, "relative_strength": 10.232984, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 73.528469, "energy": 86.579964, "activity_lines": [ 7.512633, 7.401269, 7.24634, 7.098685 ] }, { "date": "2026-01-09", "close": 7.7373, "volume": 3741, "typical_volume": 28530.75, "trend": 6.937627, "fair_value": 5.730057, "relative_strength": 10.376293, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 87.855584, "energy": 90.438004, "activity_lines": [ 7.594427, 7.478767, 7.306339, 7.1535 ] }, { "date": "2026-01-16", "close": 7.7446, "volume": 787, "typical_volume": 26254.7, "trend": 6.988597, "fair_value": 5.749825, "relative_strength": 7.799574, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 81.860723, "energy": 86.40962, "activity_lines": [ 7.657007, 7.547318, 7.361873, 7.205563 ] }, { "date": "2026-01-23", "close": 7.7509, "volume": 3347, "typical_volume": 25742.05, "trend": 7.0333, "fair_value": 5.7688, "relative_strength": 8.736343, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 76.454356, "energy": 81.748681, "activity_lines": [ 7.704167, 7.60422, 7.413405, 7.254744 ] }, { "date": "2026-01-30", "close": 7.7767, "volume": 1725, "typical_volume": 23913.2, "trend": 7.075443, "fair_value": 5.786807, "relative_strength": 8.632869, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 74.209493, "energy": 74.55129, "activity_lines": [ 7.742513, 7.655913, 7.462652, 7.302705 ] }, { "date": "2026-02-06", "close": 7.7599, "volume": 34765, "typical_volume": 23327.1, "trend": 7.116497, "fair_value": 5.805535, "relative_strength": 8.756021, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.555204, "energy": 66.241362, "activity_lines": [ 7.759033, 7.689491, 7.505895, 7.346864 ] }, { "date": "2026-02-13", "close": 7.905, "volume": 55877, "typical_volume": 25973.8, "trend": 7.165177, "fair_value": 5.825294, "relative_strength": 10.576549, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 81.516015, "energy": 70.473346, "activity_lines": [ 7.809407, 7.740782, 7.558848, 7.397735 ] }, { "date": "2026-02-20", "close": 7.892, "volume": 9688, "typical_volume": 26455.0, "trend": 7.209687, "fair_value": 5.845507, "relative_strength": 7.521427, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 76.241257, "energy": 69.030174, "activity_lines": [ 7.844267, 7.780756, 7.605989, 7.444627 ] }, { "date": "2026-02-27", "close": 7.8446, "volume": 22992, "typical_volume": 26625.0, "trend": 7.259683, "fair_value": 5.865537, "relative_strength": 5.631169, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.134882, "energy": 65.668341, "activity_lines": [ 7.8535, 7.804655, 7.644571, 7.485589 ] }, { "date": "2026-03-06", "close": 7.5922, "volume": 84933, "typical_volume": 24551.35, "trend": 7.29443, "fair_value": 5.884917, "relative_strength": 6.768597, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 53.834537, "energy": 52.683802, "activity_lines": [ 7.772353, 7.776209, 7.654931, 7.507042 ] }, { "date": "2026-03-13", "close": 7.4916, "volume": 1534, "typical_volume": 24628.05, "trend": 7.321367, "fair_value": 5.903708, "relative_strength": 2.819753, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 37.20576, "energy": 28.542466, "activity_lines": [ 7.669973, 7.728402, 7.652761, 7.519762 ] }, { "date": "2026-03-20", "close": 7.4184, "volume": 5220, "typical_volume": 24524.8, "trend": 7.346853, "fair_value": 5.922482, "relative_strength": 5.726636, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 9.26043, "energy": 23.752925, "activity_lines": [ 7.56108, 7.668205, 7.642107, 7.526022 ] }, { "date": "2026-03-27", "close": 7.3261, "volume": 15374, "typical_volume": 25114.05, "trend": 7.365123, "fair_value": 5.939467, "relative_strength": 4.294356, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -15.8182, "energy": 34.340811, "activity_lines": [ 7.45386, 7.597025, 7.62149, 7.524683 ] }, { "date": "2026-04-03", "close": 7.514, "volume": 25403, "typical_volume": 26117.0, "trend": 7.39042, "fair_value": 5.957942, "relative_strength": 4.911025, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -1.035527, "energy": 26.741468, "activity_lines": [ 7.447, 7.567618, 7.61741, 7.534288 ] }, { "date": "2026-04-10", "close": 7.8423, "volume": 79685, "typical_volume": 27222.2, "trend": 7.42344, "fair_value": 5.978016, "relative_strength": 5.456723, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 30.913689, "energy": 21.869572, "activity_lines": [ 7.571613, 7.602209, 7.643132, 7.563442 ] }, { "date": "2026-04-17", "close": 8.1548, "volume": 143012, "typical_volume": 33273.25, "trend": 7.465363, "fair_value": 6.000276, "relative_strength": 7.797067, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 64.72374, "energy": 42.071259, "activity_lines": [ 7.78372, 7.692425, 7.694359, 7.610626 ] }, { "date": "2026-04-24", "close": 8.2739, "volume": 31216, "typical_volume": 34350.4, "trend": 7.509673, "fair_value": 6.023114, "relative_strength": 9.247451, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 82.619041, "energy": 80.068238, "activity_lines": [ 7.991313, 7.797116, 7.752778, 7.66279 ] }, { "date": "2026-05-01", "close": 8.3401, "volume": 23382, "typical_volume": 35361.65, "trend": 7.552923, "fair_value": 6.046864, "relative_strength": 10.340817, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 81.991784, "energy": 90.963918, "activity_lines": [ 8.16394, 7.907136, 7.8134, 7.716366 ] }, { "date": "2026-05-08", "close": 8.74, "volume": 19491, "typical_volume": 28218.3, "trend": 7.61206, "fair_value": 6.07344, "relative_strength": 14.626048, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 93.192016, "energy": 97.215074, "activity_lines": [ 8.402267, 8.081718, 7.908021, 7.792952 ] }, { "date": "2026-05-15", "close": 8.769, "volume": 117933, "typical_volume": 34061.3, "trend": 7.67193, "fair_value": 6.099826, "relative_strength": 15.195854, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 88.302107, "energy": 95.612064, "activity_lines": [ 8.568527, 8.245293, 7.99945, 7.867593 ] }, { "date": "2026-05-22", "close": 8.942, "volume": 186367, "typical_volume": 43323.6, "trend": 7.730867, "fair_value": 6.127376, "relative_strength": 12.986223, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 88.36163, "energy": 95.614486, "activity_lines": [ 8.730673, 8.418925, 8.101471, 7.949533 ] }, { "date": "2026-05-29", "close": 9.222, "volume": 311359, "typical_volume": 58704.5, "trend": 7.799193, "fair_value": 6.156144, "relative_strength": 16.965866, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 91.971332, "energy": 96.915735, "activity_lines": [ 8.933673, 8.617096, 8.223493, 8.045735 ] }, { "date": "2026-06-05", "close": 9.164, "volume": 118, "typical_volume": 58671.05, "trend": 7.869963, "fair_value": 6.184221, "relative_strength": 14.918714, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 80.808052, "energy": 92.909751, "activity_lines": [ 9.054133, 8.771929, 8.332921, 8.133787 ] }, { "date": "2026-06-12", "close": 9.131, "volume": 164844, "typical_volume": 66745.9, "trend": 7.934117, "fair_value": 6.211329, "relative_strength": 9.796011, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 72.236449, "energy": 88.800578, "activity_lines": [ 9.108667, 8.887345, 8.432448, 8.215144 ] }, { "date": "2026-06-19", "close": 9.03, "volume": 0, "typical_volume": 66659.65, "trend": 8.003503, "fair_value": 6.238528, "relative_strength": 8.469667, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 68.385794, "energy": 81.278763, "activity_lines": [ 9.103467, 8.954998, 8.515783, 8.285846 ] }, { "date": "2026-06-26", "close": 9.024, "volume": 14027, "typical_volume": 65622.75, "trend": 8.061533, "fair_value": 6.265013, "relative_strength": 9.757486, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.539064, "energy": 66.694639, "activity_lines": [ 9.078867, 8.999965, 8.592579, 8.351685 ] }, { "date": "2026-07-03", "close": 9.03, "volume": 0, "typical_volume": 62828.9, "trend": 8.115447, "fair_value": 6.291607, "relative_strength": 7.243386, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 64.441953, "energy": 64.38415, "activity_lines": [ 9.0508, 9.03022, 8.663926, 8.414167 ] }, { "date": "2026-07-10", "close": 9.156, "volume": 26189, "typical_volume": 63653.95, "trend": 8.171253, "fair_value": 6.318506, "relative_strength": 8.270179, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 73.841331, "energy": 66.625055, "activity_lines": [ 9.077533, 9.069636, 8.741917, 8.481299 ] }, { "date": "2026-07-17", "close": 9.136, "volume": 27305, "typical_volume": 63869.6, "trend": 8.22613, "fair_value": 6.344653, "relative_strength": 6.925484, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 70.05099, "energy": 66.108845, "activity_lines": [ 9.098133, 9.090582, 8.811983, 8.543541 ] }, { "date": "2026-07-24", "close": 9.069, "volume": 4274, "typical_volume": 59836.65, "trend": 8.27732, "fair_value": 6.369951, "relative_strength": 6.048326, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.720555, "energy": 63.042432, "activity_lines": [ 9.096067, 9.092145, 8.86952, 8.59792 ] }, { "date": "2026-07-31", "close": 9.173, "volume": 17560, "typical_volume": 60637.95, "trend": 8.33168, "fair_value": 6.396386, "relative_strength": 6.066992, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 70.580491, "energy": 65.5799, "activity_lines": [ 9.126067, 9.107164, 8.929928, 8.655705 ] }, { "date": "2026-08-07", "close": 9.506, "volume": 11096, "typical_volume": 60931.75, "trend": 8.390637, "fair_value": 6.425471, "relative_strength": 8.382968, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 91.198836, "energy": 74.486016, "activity_lines": [ 9.257133, 9.178527, 9.014044, 8.731468 ] } ], "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." } } }