{ "ticker": { "uuid": "234b4e96-0981-4d9d-b32f-86e7aa0eab33", "symbol": "HBM", "name": "Hudbay Minerals Inc.", "exchange": "NYSE", "country": "US", "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": "SPY", "stage": 3, "stage_name": "Distribution", "phase": "3b", "phase_label": "Stage 3B \u00b7 Distribution", "transition": "stage_3_churning", "transition_label": "Stage 3 range intact", "confidence": 96.0, "architecture_regime": "balance", "architecture_regime_label": "Balance", "architecture_modifier": "Balance after decline", "architecture_gate": "mixed", "architecture_direction": 22.106, "architecture_energy": 10.95, "architecture_maturity": 20.959, "architecture_confidence": 73.97, "architecture_tenure": "New", "architecture": { "interpretation": { "headline": "Directional pressure has compressed into balance.", "body": "Trend and Activity are compressed into balance, so neither side has durable control. Prior structure and the next directional change provide context; balance alone is not assumed to be a base." }, "scores": { "balance": 57.88, "rotation_up": 30.06, "upward_expansion": 25.72, "deceleration": 70.3, "rotation_down": 37.3, "downward_expansion": 27.39 }, "activity_lines": [ 23.897333, 23.676782, 24.295926, 24.09521 ], "activity_state": "Compressed", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": -0.333333 }, "latest_close": 27.61, "trend_reference": 23.995405, "distance_from_trend": 0.150637, "trend_direction": "Improving", "fair_value": 11.860394, "distance_from_fair_value": 1.327916, "fair_value_direction": "Weakening", "relative_strength": 20.495094, "relative_strength_direction": "Weakening", "price_momentum": 0.117103, "excess_performance": -0.008522, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.150637, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.092082, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 1.327916, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.118131, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.204951, "read": "Leading" }, { "label": "Relative strength direction", "positive": false, "value": -0.136155, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.117103, "read": "Positive" }, { "label": "Volume balance", "positive": false, "value": 0.672256, "read": "Supply-led" } ], "volume": { "latest": 21303067, "relative_activity": 0.818394, "balance": 0.672256, "dry_up": 0.958101, "accumulation_observations": 3, "distribution_observations": 3 }, "risk": { "range_context": 0.138039, "annualized_volatility": 0.760867, "from_high_reference": -0.140978, "from_low_reference": 1.975522 }, "levels": { "trend_reference": 23.995405, "fair_value_reference": 11.860394, "structural_low": 17.498213, "invalidation": "A decisive breakout above range resistance with renewed RS leadership invalidates the distribution reading; a range-low break confirms deterioration." }, "outcomes": [ { "horizon": "Near term", "sample_count": 18, "median_return": 0.00596, "positive_rate": 0.555556, "directional_follow_through": 0.555556, "median_excess_return": 0.009348, "regime_survival": 0.444444, "best_return": 0.275878, "worst_return": -0.154333, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 10, "median_return": -0.049053, "positive_rate": 0.4, "directional_follow_through": 0.4, "median_excess_return": -0.082456, "regime_survival": 0.2, "best_return": 0.337117, "worst_return": -0.483871, "sufficient": true }, { "horizon": "Extended", "sample_count": 6, "median_return": -0.035663, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": -0.11912, "regime_survival": 0.333333, "best_return": 0.692279, "worst_return": -0.491308, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 3, "median_return": -0.073987, "positive_rate": 0.333333, "directional_follow_through": 0.333333, "median_excess_return": -0.24737, "regime_survival": 0.0, "best_return": 0.67718, "worst_return": -0.462064, "sufficient": false } ], "ledger": [ { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-11-22", "end": "2025-03-07", "tenure": "Established", "return": -0.234969, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-03-14", "end": "2025-05-16", "tenure": "Developing", "return": 0.050453, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-05-23", "end": "2025-05-30", "tenure": "New", "return": 0.012486, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-06-06", "end": "2025-06-27", "tenure": "New", "return": 0.097713, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-07-04", "end": "2025-08-01", "tenure": "Developing", "return": -0.163435, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-08-08", "end": "2025-08-22", "tenure": "New", "return": 0.221992, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-08-29", "end": "2025-11-21", "tenure": "Established", "return": 0.242415, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-11-28", "end": "2025-12-05", "tenure": "New", "return": 0.03066, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-12-12", "end": "2026-03-13", "tenure": "Established", "return": 0.11008, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-03-20", "end": "2026-05-29", "tenure": "Developing", "return": 0.612832, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-06-05", "end": "2026-07-03", "tenure": "Developing", "return": -0.119401, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-07-10", "end": "2026-07-17", "tenure": "New", "return": -0.05915, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2026-07-24", "end": "2026-07-31", "tenure": "New", "return": 0.017897, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-08-07", "end": "2026-08-07", "tenure": "New", "return": 0.0, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 4.680468, "volume": 18828035, "typical_volume": 12724020.55, "trend": 5.005026, "fair_value": 5.86235, "relative_strength": -12.229516, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 35.344411, "energy": 26.263274, "activity_lines": [ 5.219069, 5.202447, 5.052123, 5.011275 ] }, { "date": "2023-08-25", "close": 4.650656, "volume": 6507543, "typical_volume": 11986049.8, "trend": 4.97149, "fair_value": 5.864374, "relative_strength": -13.305323, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 12.000609, "energy": 11.851274, "activity_lines": [ 4.994486, 5.114457, 5.019471, 4.988413 ] }, { "date": "2023-09-01", "close": 4.978647, "volume": 7800081, "typical_volume": 11484993.0, "trend": 4.957157, "fair_value": 5.867753, "relative_strength": -9.554287, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 3.600611, "energy": 16.176699, "activity_lines": [ 4.920971, 5.095135, 5.020282, 4.988874 ] }, { "date": "2023-09-08", "close": 4.620184, "volume": 11448459, "typical_volume": 11142454.8, "trend": 4.943777, "fair_value": 5.868707, "relative_strength": -14.874996, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -12.575438, "energy": 24.439409, "activity_lines": [ 4.778974, 5.004133, 4.987378, 4.967134 ] }, { "date": "2023-09-15", "close": 4.978647, "volume": 9769548, "typical_volume": 11086191.4, "trend": 4.937715, "fair_value": 5.870758, "relative_strength": -8.162791, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -12.534534, "energy": 18.967953, "activity_lines": [ 4.819446, 4.981028, 4.990747, 4.969384 ] }, { "date": "2023-09-22", "close": 4.66997, "volume": 10662990, "typical_volume": 11117777.5, "trend": 4.939557, "fair_value": 5.875638, "relative_strength": -11.280128, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -20.283483, "energy": 25.602501, "activity_lines": [ 4.782196, 4.900173, 4.964717, 4.95211 ] }, { "date": "2023-09-29", "close": 4.849202, "volume": 16864969, "typical_volume": 11318850.45, "trend": 4.922563, "fair_value": 5.880275, "relative_strength": -7.236894, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -12.292621, "energy": 14.916983, "activity_lines": [ 4.80539, 4.863298, 4.958078, 4.946281 ] }, { "date": "2023-10-06", "close": 4.66997, "volume": 11917991, "typical_volume": 11577657.5, "trend": 4.927513, "fair_value": 5.881043, "relative_strength": -11.04039, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -16.83118, "energy": 14.589738, "activity_lines": [ 4.755603, 4.801609, 4.93333, 4.929984 ] }, { "date": "2023-10-13", "close": 4.56044, "volume": 6553214, "typical_volume": 11596330.5, "trend": 4.928812, "fair_value": 5.881235, "relative_strength": -13.486544, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -59.939829, "energy": 39.626318, "activity_lines": [ 4.689885, 4.739528, 4.898294, 4.906302 ] }, { "date": "2023-10-20", "close": 4.34138, "volume": 9758362, "typical_volume": 11687065.15, "trend": 4.913534, "fair_value": 5.876733, "relative_strength": -15.564153, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.466191, "energy": 51.550226, "activity_lines": [ 4.55513, 4.655881, 4.841596, 4.868403 ] }, { "date": "2023-10-27", "close": 4.361294, "volume": 10776229, "typical_volume": 11910823.65, "trend": 4.885008, "fair_value": 5.876028, "relative_strength": -13.072691, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.557427, "energy": 61.207563, "activity_lines": [ 4.469497, 4.594306, 4.788692, 4.832775 ] }, { "date": "2023-11-03", "close": 4.650056, "volume": 11618392, "typical_volume": 11938599.35, "trend": 4.86942, "fair_value": 5.871923, "relative_strength": -12.040863, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -56.038005, "energy": 51.179818, "activity_lines": [ 4.500696, 4.591036, 4.764762, 4.817617 ] }, { "date": "2023-11-10", "close": 4.122319, "volume": 17679712, "typical_volume": 12405690.8, "trend": 4.837896, "fair_value": 5.864688, "relative_strength": -22.525021, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -71.182101, "energy": 59.466117, "activity_lines": [ 4.36926, 4.491825, 4.69294, 4.769417 ] }, { "date": "2023-11-17", "close": 4.301551, "volume": 11429529, "typical_volume": 12568661.05, "trend": 4.812347, "fair_value": 5.854679, "relative_strength": -20.50143, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.58922, "energy": 51.086641, "activity_lines": [ 4.334078, 4.440772, 4.640562, 4.734814 ] }, { "date": "2023-11-24", "close": 4.480782, "volume": 6454686, "typical_volume": 12327673.45, "trend": 4.795754, "fair_value": 5.842339, "relative_strength": -17.481634, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -54.997294, "energy": 35.621137, "activity_lines": [ 4.375898, 4.428099, 4.607484, 4.713423 ] }, { "date": "2023-12-01", "close": 4.839244, "volume": 12205928, "typical_volume": 12046275.0, "trend": 4.785146, "fair_value": 5.827108, "relative_strength": -11.050757, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -31.660547, "energy": 21.378894, "activity_lines": [ 4.527913, 4.489653, 4.610489, 4.716228 ] }, { "date": "2023-12-08", "close": 4.988604, "volume": 9856184, "typical_volume": 11994965.4, "trend": 4.797074, "fair_value": 5.817771, "relative_strength": -8.099644, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -13.008524, "energy": 12.842682, "activity_lines": [ 4.697851, 4.575286, 4.629898, 4.729355 ] }, { "date": "2023-12-15", "close": 5.386896, "volume": 9374553, "typical_volume": 11544294.55, "trend": 4.819959, "fair_value": 5.809151, "relative_strength": -2.815021, "stage": 1, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "mixed", "direction": 31.302153, "energy": 30.892034, "activity_lines": [ 4.977983, 4.730801, 4.68861, 4.767408 ] }, { "date": "2023-12-22", "close": 5.595999, "volume": 9456326, "typical_volume": 11214825.05, "trend": 4.860083, "fair_value": 5.802251, "relative_strength": 0.329014, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 39.339682, "energy": 52.367185, "activity_lines": [ 5.243511, 4.911299, 4.768937, 4.817475 ] }, { "date": "2023-12-29", "close": 5.496426, "volume": 3739133, "typical_volume": 10635093.2, "trend": 4.885294, "fair_value": 5.793195, "relative_strength": -1.51178, "stage": 2, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 33.282277, "energy": 61.124056, "activity_lines": [ 5.389551, 5.054865, 4.839632, 4.858529 ] }, { "date": "2024-01-05", "close": 5.327152, "volume": 6164767, "typical_volume": 10001929.8, "trend": 4.907181, "fair_value": 5.782041, "relative_strength": -2.546232, "stage": 2, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 37.098634, "energy": 63.384811, "activity_lines": [ 5.411457, 5.146653, 4.893538, 4.887036 ] }, { "date": "2024-01-12", "close": 5.576084, "volume": 7825025, "typical_volume": 10067803.9, "trend": 4.921467, "fair_value": 5.776027, "relative_strength": 0.780584, "stage": 2, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 68.761116, "energy": 71.850287, "activity_lines": [ 5.483813, 5.266141, 4.968073, 4.930191 ] }, { "date": "2024-01-19", "close": 5.217622, "volume": 6821152, "typical_volume": 10018857.45, "trend": 4.941359, "fair_value": 5.766702, "relative_strength": -6.141059, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 58.992351, "energy": 43.14162, "activity_lines": [ 5.397517, 5.303617, 5.004061, 4.949298 ] }, { "date": "2024-01-26", "close": 5.625871, "volume": 8340154, "typical_volume": 9863442.2, "trend": 4.969892, "fair_value": 5.766764, "relative_strength": 0.607908, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.983787, "energy": 43.033813, "activity_lines": [ 5.458588, 5.395405, 5.077793, 4.99346 ] }, { "date": "2024-02-02", "close": 5.526298, "volume": 10681149, "typical_volume": 9909022.25, "trend": 4.99113, "fair_value": 5.762771, "relative_strength": -2.209624, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 60.037949, "energy": 41.128125, "activity_lines": [ 5.484477, 5.44501, 5.137252, 5.029357 ] }, { "date": "2024-02-09", "close": 5.118049, "volume": 7129010, "typical_volume": 9732323.25, "trend": 4.985179, "fair_value": 5.752871, "relative_strength": -10.327102, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 43.361245, "energy": 27.962832, "activity_lines": [ 5.372292, 5.401379, 5.155223, 5.037546 ] }, { "date": "2024-02-16", "close": 5.466554, "volume": 8988627, "typical_volume": 9338506.15, "trend": 4.991507, "fair_value": 5.736726, "relative_strength": -3.584063, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 47.272402, "energy": 30.15506, "activity_lines": [ 5.390215, 5.416044, 5.204251, 5.068602 ] }, { "date": "2024-02-23", "close": 5.576084, "volume": 9537026, "typical_volume": 9219457.9, "trend": 4.985918, "fair_value": 5.727232, "relative_strength": -3.129364, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 58.845993, "energy": 32.384826, "activity_lines": [ 5.45195, 5.441932, 5.26077, 5.106317 ] }, { "date": "2024-03-01", "close": 6.054034, "volume": 13017429, "typical_volume": 9542668.65, "trend": 5.002223, "fair_value": 5.720547, "relative_strength": 4.442059, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 75.128634, "energy": 44.992045, "activity_lines": [ 5.649104, 5.551282, 5.358494, 5.175227 ] }, { "date": "2024-03-08", "close": 6.280235, "volume": 11810335, "typical_volume": 9645267.3, "trend": 5.033024, "fair_value": 5.7126, "relative_strength": 8.514037, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 79.450949, "energy": 72.119339, "activity_lines": [ 5.893115, 5.69343, 5.470648, 5.25768 ] }, { "date": "2024-03-15", "close": 6.908258, "volume": 14863686, "typical_volume": 9849640.15, "trend": 5.107284, "fair_value": 5.713049, "relative_strength": 19.073534, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 89.146424, "energy": 89.347726, "activity_lines": [ 6.296204, 5.935514, 5.633381, 5.378663 ] }, { "date": "2024-03-22", "close": 6.848446, "volume": 10602430, "typical_volume": 9798842.05, "trend": 5.180543, "fair_value": 5.716725, "relative_strength": 15.302628, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 81.725295, "energy": 90.886844, "activity_lines": [ 6.560008, 6.137975, 5.77829, 5.490996 ] }, { "date": "2024-03-29", "close": 6.978039, "volume": 8486994, "typical_volume": 9339206.15, "trend": 5.24719, "fair_value": 5.715341, "relative_strength": 16.985521, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 78.339649, "energy": 90.862515, "activity_lines": [ 6.774884, 6.340865, 5.925072, 5.606963 ] }, { "date": "2024-04-05", "close": 7.316972, "volume": 12815281, "typical_volume": 9408493.75, "trend": 5.337083, "fair_value": 5.712329, "relative_strength": 23.468935, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 82.266146, "energy": 92.12084, "activity_lines": [ 7.009274, 6.573371, 6.090535, 5.740497 ] }, { "date": "2024-04-12", "close": 7.596093, "volume": 16993811, "typical_volume": 9935450.0, "trend": 5.424331, "fair_value": 5.710979, "relative_strength": 29.55703, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 82.841163, "energy": 89.437943, "activity_lines": [ 7.252508, 6.82588, 6.268222, 5.88624 ] }, { "date": "2024-04-19", "close": 7.76556, "volume": 14943833, "typical_volume": 10072345.25, "trend": 5.527517, "fair_value": 5.714199, "relative_strength": 35.913503, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 81.157427, "energy": 85.075579, "activity_lines": [ 7.464507, 7.071568, 6.447213, 6.037287 ] }, { "date": "2024-04-26", "close": 8.602925, "volume": 17142933, "typical_volume": 10436682.7, "trend": 5.652641, "fair_value": 5.722028, "relative_strength": 45.528497, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 91.344857, "energy": 90.278427, "activity_lines": [ 7.898475, 7.421367, 6.692019, 6.2357 ] }, { "date": "2024-05-03", "close": 8.34374, "volume": 16522821, "typical_volume": 10794096.1, "trend": 5.7751, "fair_value": 5.717046, "relative_strength": 39.468724, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 77.160703, "energy": 81.670603, "activity_lines": [ 8.129083, 7.667017, 6.89493, 6.40932 ] }, { "date": "2024-05-10", "close": 8.752454, "volume": 10579173, "typical_volume": 10850238.45, "trend": 5.914834, "fair_value": 5.721968, "relative_strength": 42.356987, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 81.371083, "energy": 82.891537, "activity_lines": [ 8.404881, 7.936658, 7.122685, 6.601407 ] }, { "date": "2024-05-17", "close": 10.237779, "volume": 29074994, "typical_volume": 12117031.5, "trend": 6.111381, "fair_value": 5.741163, "relative_strength": 61.714528, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 95.329244, "energy": 93.452436, "activity_lines": [ 9.080089, 8.427295, 7.476869, 6.880307 ] }, { "date": "2024-05-24", "close": 9.599787, "volume": 34948645, "typical_volume": 13556225.4, "trend": 6.285997, "fair_value": 5.754748, "relative_strength": 49.827142, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 76.414823, "energy": 76.687402, "activity_lines": [ 9.366521, 8.729979, 7.747715, 7.105365 ] }, { "date": "2024-05-31", "close": 9.72938, "volume": 18127453, "typical_volume": 14071346.8, "trend": 6.455308, "fair_value": 5.768657, "relative_strength": 50.718853, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 74.069471, "energy": 75.973991, "activity_lines": [ 9.573869, 9.007288, 8.010556, 7.327519 ] }, { "date": "2024-06-07", "close": 9.051513, "volume": 16666863, "typical_volume": 14563632.35, "trend": 6.619614, "fair_value": 5.781198, "relative_strength": 37.196778, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.366697, "energy": 66.456333, "activity_lines": [ 9.480164, 9.108968, 8.189061, 7.495016 ] }, { "date": "2024-06-14", "close": 8.682674, "volume": 12957104, "typical_volume": 14794479.85, "trend": 6.765652, "fair_value": 5.798406, "relative_strength": 28.647316, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.201501, "energy": 56.910387, "activity_lines": [ 9.216328, 9.105887, 8.314182, 7.628117 ] }, { "date": "2024-06-21", "close": 8.78236, "volume": 14118409, "typical_volume": 14966342.85, "trend": 6.909038, "fair_value": 5.812262, "relative_strength": 28.24297, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 48.954605, "energy": 42.441124, "activity_lines": [ 8.990372, 9.0961, 8.434241, 7.758227 ] }, { "date": "2024-06-28", "close": 9.021607, "volume": 13797298, "typical_volume": 15299757.25, "trend": 7.04845, "fair_value": 5.827588, "relative_strength": 30.674748, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 43.939606, "energy": 33.305684, "activity_lines": [ 8.941194, 9.108243, 8.56158, 7.894522 ] }, { "date": "2024-07-05", "close": 9.709442, "volume": 8019982, "typical_volume": 15251325.0, "trend": 7.205811, "fair_value": 5.845803, "relative_strength": 36.710599, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 57.973784, "energy": 40.024544, "activity_lines": [ 9.159839, 9.222611, 8.735839, 8.066199 ] }, { "date": "2024-07-12", "close": 9.350572, "volume": 13167902, "typical_volume": 15432868.8, "trend": 7.337934, "fair_value": 5.864442, "relative_strength": 29.477563, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 57.737089, "energy": 42.116011, "activity_lines": [ 9.26019, 9.25161, 8.855715, 8.20457 ] }, { "date": "2024-07-19", "close": 8.044682, "volume": 19233311, "typical_volume": 15743662.9, "trend": 7.419556, "fair_value": 5.873569, "relative_strength": 13.151055, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 33.345281, "energy": 25.224869, "activity_lines": [ 8.905307, 9.02487, 8.833247, 8.250167 ] }, { "date": "2024-07-26", "close": 7.974901, "volume": 17036844, "typical_volume": 16004988.35, "trend": 7.502172, "fair_value": 5.879335, "relative_strength": 12.788681, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 21.147705, "energy": 13.219964, "activity_lines": [ 8.569696, 8.79831, 8.794655, 8.285996 ] }, { "date": "2024-08-02", "close": 7.356846, "volume": 20610124, "typical_volume": 16292310.25, "trend": 7.569829, "fair_value": 5.884687, "relative_strength": 6.116016, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -10.878222, "energy": 22.737657, "activity_lines": [ 8.081898, 8.50052, 8.68913, 8.27662 ] }, { "date": "2024-08-09", "close": 7.247192, "volume": 18487391, "typical_volume": 16686558.3, "trend": 7.625532, "fair_value": 5.889082, "relative_strength": 4.299417, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -13.118447, "energy": 32.485465, "activity_lines": [ 7.668532, 8.223573, 8.571025, 8.255804 ] }, { "date": "2024-08-16", "close": 7.705748, "volume": 19557839, "typical_volume": 17240100.55, "trend": 7.70847, "fair_value": 5.904398, "relative_strength": 6.159226, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -22.150803, "energy": 43.562676, "activity_lines": [ 7.572169, 8.075131, 8.494694, 8.26098 ] }, { "date": "2024-08-23", "close": 8.144368, "volume": 19397707, "typical_volume": 17569221.85, "trend": 7.79242, "fair_value": 5.917395, "relative_strength": 10.031963, "stage": 2, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -21.98899, "energy": 42.398301, "activity_lines": [ 7.731667, 8.030907, 8.456671, 8.289102 ] }, { "date": "2024-08-30", "close": 8.134399, "volume": 18886312, "typical_volume": 17663846.9, "trend": 7.879356, "fair_value": 5.929452, "relative_strength": 9.078738, "stage": 2, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "up", "direction": 1.534919, "energy": 15.007906, "activity_lines": [ 7.881196, 7.994657, 8.413758, 8.311165 ] }, { "date": "2024-09-06", "close": 6.785087, "volume": 16699881, "typical_volume": 17751649.3, "trend": 7.934924, "fair_value": 5.933368, "relative_strength": -5.369031, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -46.59161, "energy": 31.78811, "activity_lines": [ 7.570322, 7.724859, 8.239776, 8.240567 ] }, { "date": "2024-09-13", "close": 7.323903, "volume": 14715633, "typical_volume": 17630284.3, "trend": 7.996836, "fair_value": 5.944226, "relative_strength": -2.028389, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -32.429361, "energy": 28.123452, "activity_lines": [ 7.47717, 7.593692, 8.121779, 8.201147 ] }, { "date": "2024-09-20", "close": 7.80285, "volume": 19261474, "typical_volume": 17767216.95, "trend": 8.071062, "fair_value": 5.956885, "relative_strength": 2.512119, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -26.17417, "energy": 25.875045, "activity_lines": [ 7.538553, 7.592979, 8.055487, 8.188631 ] }, { "date": "2024-09-27", "close": 9.259648, "volume": 27464028, "typical_volume": 18611459.7, "trend": 8.177915, "fair_value": 5.976727, "relative_strength": 20.154008, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": 14.656676, "energy": 10.725834, "activity_lines": [ 8.079061, 7.885279, 8.130512, 8.265314 ] }, { "date": "2024-10-04", "close": 9.379385, "volume": 18665403, "typical_volume": 18090980.15, "trend": 8.28122, "fair_value": 5.995179, "relative_strength": 20.467887, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 25.934893, "energy": 24.858892, "activity_lines": [ 8.585131, 8.177259, 8.214527, 8.342829 ] }, { "date": "2024-10-11", "close": 9.349451, "volume": 13950080, "typical_volume": 17041051.9, "trend": 8.362593, "fair_value": 6.007668, "relative_strength": 17.812379, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 34.677552, "energy": 36.972269, "activity_lines": [ 8.998223, 8.438261, 8.299777, 8.411747 ] }, { "date": "2024-10-18", "close": 9.449231, "volume": 11390794, "typical_volume": 16704218.95, "trend": 8.449286, "fair_value": 6.022508, "relative_strength": 17.109004, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 37.455115, "energy": 52.842407, "activity_lines": [ 9.273617, 8.681175, 8.395723, 8.481852 ] }, { "date": "2024-10-25", "close": 9.598902, "volume": 13759965, "typical_volume": 16558874.05, "trend": 8.536648, "fair_value": 6.039894, "relative_strength": 19.139172, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 39.622109, "energy": 61.35494, "activity_lines": [ 9.457214, 8.911265, 8.507257, 8.556021 ] }, { "date": "2024-11-01", "close": 9.040131, "volume": 10410607, "typical_volume": 16431549.2, "trend": 8.594087, "fair_value": 6.054713, "relative_strength": 12.996698, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 24.571557, "energy": 48.170576, "activity_lines": [ 9.334816, 9.005339, 8.562969, 8.588504 ] }, { "date": "2024-11-08", "close": 9.329495, "volume": 14831533, "typical_volume": 16467205.4, "trend": 8.651867, "fair_value": 6.067772, "relative_strength": 10.394488, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 31.666657, "energy": 31.376471, "activity_lines": [ 9.323508, 9.135739, 8.644536, 8.635949 ] }, { "date": "2024-11-15", "close": 8.501315, "volume": 22619146, "typical_volume": 16908297.8, "trend": 8.676392, "fair_value": 6.078376, "relative_strength": 2.058512, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 10.923725, "energy": 13.69568, "activity_lines": [ 9.039466, 9.093831, 8.644624, 8.626236 ] }, { "date": "2024-11-22", "close": 9.099999, "volume": 10743288, "typical_volume": 17044463.1, "trend": 8.692961, "fair_value": 6.093768, "relative_strength": 6.689711, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 10.30597, "energy": 9.032594, "activity_lines": [ 9.011527, 9.12957, 8.704207, 8.653566 ] }, { "date": "2024-11-29", "close": 8.920394, "volume": 12050000, "typical_volume": 16988568.0, "trend": 8.712183, "fair_value": 6.109215, "relative_strength": 2.793337, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 7.340339, "energy": 7.184797, "activity_lines": [ 8.947002, 9.100362, 8.749587, 8.668239 ] }, { "date": "2024-12-06", "close": 8.820613, "volume": 14232855, "typical_volume": 16738545.2, "trend": 8.714455, "fair_value": 6.121485, "relative_strength": 0.29183, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 3.405781, "energy": 8.344681, "activity_lines": [ 8.894451, 9.032692, 8.787512, 8.675234 ] }, { "date": "2024-12-13", "close": 8.641008, "volume": 27332069, "typical_volume": 17253306.45, "trend": 8.661229, "fair_value": 6.135648, "relative_strength": -1.520249, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 26.764722, "energy": 13.905147, "activity_lines": [ 8.796666, 8.94035, 8.804638, 8.670496 ] }, { "date": "2024-12-20", "close": 8.221929, "volume": 22179247, "typical_volume": 17331762.6, "trend": 8.615301, "fair_value": 6.14332, "relative_strength": -4.787726, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -8.59648, "energy": 10.837364, "activity_lines": [ 8.605087, 8.785236, 8.778679, 8.642154 ] }, { "date": "2024-12-27", "close": 8.182017, "volume": 16833507, "typical_volume": 17249068.4, "trend": 8.563722, "fair_value": 6.149784, "relative_strength": -6.116597, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -19.820097, "energy": 20.764662, "activity_lines": [ 8.41883, 8.643366, 8.744799, 8.6142 ] }, { "date": "2025-01-03", "close": 8.441446, "volume": 18682494, "typical_volume": 17205301.15, "trend": 8.543387, "fair_value": 6.15734, "relative_strength": -2.986808, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -13.457721, "energy": 20.236212, "activity_lines": [ 8.380248, 8.571706, 8.731176, 8.606311 ] }, { "date": "2025-01-10", "close": 8.720832, "volume": 20766427, "typical_volume": 17273737.15, "trend": 8.544658, "fair_value": 6.163262, "relative_strength": 1.779809, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -11.574172, "energy": 17.160098, "activity_lines": [ 8.466724, 8.571887, 8.740657, 8.617759 ] }, { "date": "2025-01-17", "close": 8.571161, "volume": 21209619, "typical_volume": 17389902.5, "trend": 8.537618, "fair_value": 6.16962, "relative_strength": -3.254987, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -9.419728, "energy": 13.814932, "activity_lines": [ 8.509962, 8.550661, 8.733139, 8.619469 ] }, { "date": "2025-01-24", "close": 8.571161, "volume": 23357086, "typical_volume": 17722762.75, "trend": 8.522604, "fair_value": 6.179783, "relative_strength": -5.204379, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 21.555493, "energy": 9.913861, "activity_lines": [ 8.557857, 8.543223, 8.723541, 8.621633 ] }, { "date": "2025-01-31", "close": 8.251863, "volume": 34575195, "typical_volume": 18715740.85, "trend": 8.474018, "fair_value": 6.185997, "relative_strength": -8.087106, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 3.95021, "energy": 4.346414, "activity_lines": [ 8.476037, 8.47646, 8.675028, 8.604166 ] }, { "date": "2025-02-07", "close": 9.319517, "volume": 32601691, "typical_volume": 19382751.7, "trend": 8.472982, "fair_value": 6.194678, "relative_strength": 3.297855, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 44.180703, "energy": 20.191272, "activity_lines": [ 8.745445, 8.619237, 8.723778, 8.658715 ] }, { "date": "2025-02-14", "close": 9.129933, "volume": 37038586, "typical_volume": 19861479.6, "trend": 8.509157, "fair_value": 6.203921, "relative_strength": -0.779983, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 40.309114, "energy": 22.374677, "activity_lines": [ 8.89312, 8.720288, 8.74725, 8.701098 ] }, { "date": "2025-02-21", "close": 7.084429, "volume": 40034888, "typical_volume": 20929953.85, "trend": 8.479475, "fair_value": 6.199797, "relative_strength": -21.825638, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -39.160083, "energy": 23.369571, "activity_lines": [ 8.331688, 8.443805, 8.57653, 8.60918 ] }, { "date": "2025-02-28", "close": 7.094407, "volume": 40057794, "typical_volume": 22235339.55, "trend": 8.470727, "fair_value": 6.19339, "relative_strength": -20.955016, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -40.710021, "energy": 45.118674, "activity_lines": [ 7.872696, 8.197437, 8.417689, 8.519821 ] }, { "date": "2025-03-07", "close": 6.96178, "volume": 36774049, "typical_volume": 23504502.3, "trend": 8.461213, "fair_value": 6.184493, "relative_strength": -19.938539, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -69.350178, "energy": 69.869553, "activity_lines": [ 7.467947, 7.947456, 8.256955, 8.42247 ] }, { "date": "2025-03-14", "close": 7.720884, "volume": 43042661, "typical_volume": 24968637.1, "trend": 8.461718, "fair_value": 6.183827, "relative_strength": -9.144782, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -56.626758, "energy": 67.08561, "activity_lines": [ 7.402237, 7.85768, 8.180361, 8.374707 ] }, { "date": "2025-03-21", "close": 8.140388, "volume": 36532480, "typical_volume": 26274730.75, "trend": 8.461585, "fair_value": 6.185088, "relative_strength": -4.829793, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -54.436125, "energy": 57.035061, "activity_lines": [ 7.582937, 7.857278, 8.152663, 8.353976 ] }, { "date": "2025-03-28", "close": 7.680931, "volume": 31078539, "typical_volume": 27087081.05, "trend": 8.44647, "fair_value": 6.183785, "relative_strength": -8.892967, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -51.806609, "energy": 32.417975, "activity_lines": [ 7.676455, 7.783893, 8.085492, 8.303611 ] }, { "date": "2025-04-04", "close": 6.262605, "volume": 39538310, "typical_volume": 27933039.25, "trend": 8.429054, "fair_value": 6.175803, "relative_strength": -18.112724, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -73.011845, "energy": 42.145388, "activity_lines": [ 7.257431, 7.468815, 7.891093, 8.162716 ] }, { "date": "2025-04-11", "close": 6.891862, "volume": 61643812, "typical_volume": 30478065.45, "trend": 8.414652, "fair_value": 6.171982, "relative_strength": -14.488211, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -59.20916, "energy": 38.760941, "activity_lines": [ 7.103612, 7.310122, 7.767283, 8.063543 ] }, { "date": "2025-04-18", "close": 7.031697, "volume": 34641151, "typical_volume": 31607623.0, "trend": 8.388947, "fair_value": 6.175724, "relative_strength": -11.219666, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -54.796683, "energy": 43.404496, "activity_lines": [ 7.001067, 7.201581, 7.667306, 7.97432 ] }, { "date": "2025-04-25", "close": 7.441214, "volume": 26317641, "typical_volume": 32211862.3, "trend": 8.328333, "fair_value": 6.182789, "relative_strength": -9.765013, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -53.558457, "energy": 43.331333, "activity_lines": [ 7.080972, 7.209094, 7.615324, 7.913176 ] }, { "date": "2025-05-02", "close": 7.46119, "volume": 18746195, "typical_volume": 31782568.6, "trend": 8.264393, "fair_value": 6.192585, "relative_strength": -11.715084, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -48.865606, "energy": 28.427822, "activity_lines": [ 7.214148, 7.250943, 7.571813, 7.857231 ] }, { "date": "2025-05-09", "close": 7.700907, "volume": 24280981, "typical_volume": 31887655.3, "trend": 8.209441, "fair_value": 6.20868, "relative_strength": -8.088182, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -35.381603, "energy": 17.584322, "activity_lines": [ 7.44188, 7.329527, 7.556751, 7.820877 ] }, { "date": "2025-05-16", "close": 8.110424, "volume": 45057483, "typical_volume": 33298854.1, "trend": 8.164814, "fair_value": 6.224987, "relative_strength": -7.352967, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -19.121844, "energy": 15.362528, "activity_lines": [ 7.71023, 7.471542, 7.583171, 7.814489 ] }, { "date": "2025-05-23", "close": 8.79961, "volume": 30914924, "typical_volume": 33910475.6, "trend": 8.138171, "fair_value": 6.244506, "relative_strength": 3.567161, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 10.316222, "energy": 20.466429, "activity_lines": [ 8.127071, 7.717978, 7.675569, 7.855443 ] }, { "date": "2025-05-30", "close": 8.90948, "volume": 35371230, "typical_volume": 34640715.75, "trend": 8.133816, "fair_value": 6.264285, "relative_strength": 3.515253, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 30.78623, "energy": 42.209502, "activity_lines": [ 8.462674, 7.964777, 7.776725, 7.905205 ] }, { "date": "2025-06-06", "close": 9.608655, "volume": 50265939, "typical_volume": 36093531.75, "trend": 8.143122, "fair_value": 6.291339, "relative_strength": 9.985275, "stage": 3, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 42.242128, "energy": 62.371046, "activity_lines": [ 8.933452, 8.324716, 7.943571, 8.000356 ] }, { "date": "2025-06-13", "close": 9.678572, "volume": 41748300, "typical_volume": 37013092.45, "trend": 8.182364, "fair_value": 6.323223, "relative_strength": 11.180898, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 49.979889, "energy": 72.201439, "activity_lines": [ 9.284371, 8.662317, 8.112135, 8.099418 ] }, { "date": "2025-06-20", "close": 9.57869, "volume": 35245800, "typical_volume": 37046622.7, "trend": 8.19832, "fair_value": 6.357513, "relative_strength": 10.241148, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 43.710696, "energy": 71.204978, "activity_lines": [ 9.470152, 8.91965, 8.265914, 8.189503 ] }, { "date": "2025-06-27", "close": 10.547546, "volume": 44330454, "typical_volume": 37633060.85, "trend": 8.252558, "fair_value": 6.398777, "relative_strength": 17.262014, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 85.736576, "energy": 89.119795, "activity_lines": [ 9.881, 9.304287, 8.505646, 8.341066 ] }, { "date": "2025-07-04", "close": 10.817228, "volume": 25833033, "typical_volume": 37072783.2, "trend": 8.319112, "fair_value": 6.444435, "relative_strength": 18.320521, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 85.257361, "energy": 92.928795, "activity_lines": [ 10.265213, 9.674032, 8.765214, 8.506529 ] }, { "date": "2025-07-11", "close": 10.46764, "volume": 45727122, "typical_volume": 37357394.9, "trend": 8.38, "fair_value": 6.490837, "relative_strength": 14.830579, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 71.028586, "energy": 87.484167, "activity_lines": [ 10.405713, 9.918834, 8.983454, 8.645143 ] }, { "date": "2025-07-18", "close": 9.74849, "volume": 30928391, "typical_volume": 36900924.75, "trend": 8.430885, "fair_value": 6.531994, "relative_strength": 6.169202, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.64461, "energy": 77.282651, "activity_lines": [ 10.249232, 9.978218, 9.117092, 8.733433 ] }, { "date": "2025-07-25", "close": 9.85836, "volume": 33335669, "typical_volume": 36729005.75, "trend": 8.486763, "fair_value": 6.570744, "relative_strength": 5.672005, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 63.335602, "energy": 56.059181, "activity_lines": [ 10.124712, 10.02035, 9.248556, 8.825528 ] }, { "date": "2025-08-01", "close": 9.049315, "volume": 41899867, "typical_volume": 36671866.05, "trend": 8.507026, "fair_value": 6.605388, "relative_strength": -0.67606, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 45.329808, "energy": 33.009971, "activity_lines": [ 9.711866, 9.883603, 9.289175, 8.861822 ] }, { "date": "2025-08-08", "close": 9.628631, "volume": 23710490, "typical_volume": 36030766.55, "trend": 8.537286, "fair_value": 6.638157, "relative_strength": 2.936531, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 38.996277, "energy": 25.940086, "activity_lines": [ 9.592008, 9.847645, 9.378641, 8.934183 ] }, { "date": "2025-08-15", "close": 11.016992, "volume": 64682132, "typical_volume": 37710946.2, "trend": 8.618813, "fair_value": 6.682303, "relative_strength": 16.169364, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 63.803626, "energy": 37.189655, "activity_lines": [ 10.014176, 10.051041, 9.593244, 9.094164 ] }, { "date": "2025-08-22", "close": 11.766107, "volume": 25874276, "typical_volume": 37027744.5, "trend": 8.725312, "fair_value": 6.727504, "relative_strength": 23.13618, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 80.0345, "energy": 55.034658, "activity_lines": [ 10.649426, 10.365034, 9.863306, 9.297216 ] }, { "date": "2025-08-29", "close": 11.985848, "volume": 22395714, "typical_volume": 35065339.6, "trend": 8.849778, "fair_value": 6.778, "relative_strength": 24.842542, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 80.516673, "energy": 81.70288, "activity_lines": [ 11.223415, 10.681025, 10.128089, 9.507573 ] }, { "date": "2025-09-05", "close": 12.712657, "volume": 23775402, "typical_volume": 34522052.15, "trend": 8.962882, "fair_value": 6.830546, "relative_strength": 30.793914, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 83.993681, "energy": 92.378993, "activity_lines": [ 11.897841, 11.085396, 10.437834, 9.756791 ] }, { "date": "2025-09-12", "close": 13.52219, "volume": 25626729, "typical_volume": 34487506.55, "trend": 9.109291, "fair_value": 6.890062, "relative_strength": 35.689011, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 87.144185, "energy": 94.4535, "activity_lines": [ 12.597889, 11.597589, 10.797626, 10.05094 ] }, { "date": "2025-09-19", "close": 13.871988, "volume": 25537999, "typical_volume": 34827096.75, "trend": 9.335543, "fair_value": 6.954048, "relative_strength": 36.29293, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 85.187693, "energy": 93.854, "activity_lines": [ 13.154965, 12.124201, 11.161775, 10.358211 ] }, { "date": "2025-09-26", "close": 14.151826, "volume": 59100524, "typical_volume": 36568073.9, "trend": 9.57079, "fair_value": 7.019128, "relative_strength": 38.571285, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 81.719444, "energy": 92.472366, "activity_lines": [ 13.614988, 12.639795, 11.522047, 10.668938 ] }, { "date": "2025-10-03", "close": 15.730914, "volume": 45429623, "typical_volume": 36586680.9, "trend": 9.863095, "fair_value": 7.094202, "relative_strength": 51.026353, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 92.090497, "energy": 95.774665, "activity_lines": [ 14.442325, 13.362436, 12.00199, 11.066366 ] }, { "date": "2025-10-10", "close": 16.560435, "volume": 46919745, "typical_volume": 37386921.95, "trend": 10.157746, "fair_value": 7.17593, "relative_strength": 61.133664, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 91.005759, "energy": 94.469876, "activity_lines": [ 15.296498, 14.129125, 12.524647, 11.498452 ] }, { "date": "2025-10-17", "close": 16.400527, "volume": 38100966, "typical_volume": 37523408.75, "trend": 10.433084, "fair_value": 7.255616, "relative_strength": 55.267296, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 80.469567, "energy": 87.799115, "activity_lines": [ 15.84085, 14.730173, 12.995118, 11.901212 ] }, { "date": "2025-10-24", "close": 15.820862, "volume": 35564814, "typical_volume": 36788352.5, "trend": 10.704415, "fair_value": 7.332158, "relative_strength": 45.774708, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 68.039031, "energy": 67.762654, "activity_lines": [ 16.000092, 15.102703, 13.374712, 12.248811 ] }, { "date": "2025-10-31", "close": 15.990764, "volume": 32228192, "typical_volume": 36312347.1, "trend": 11.028687, "fair_value": 7.402473, "relative_strength": 45.009548, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.101942, "energy": 65.991601, "activity_lines": [ 16.086042, 15.418781, 13.740905, 12.589866 ] }, { "date": "2025-11-07", "close": 16.120689, "volume": 27448739, "typical_volume": 35922494.05, "trend": 11.336315, "fair_value": 7.471076, "relative_strength": 47.161489, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.287821, "energy": 63.221027, "activity_lines": [ 16.092705, 15.68167, 14.089413, 12.918382 ] }, { "date": "2025-11-14", "close": 15.760897, "volume": 39964854, "typical_volume": 35704214.05, "trend": 11.627288, "fair_value": 7.538773, "relative_strength": 42.203018, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 61.843815, "energy": 56.876764, "activity_lines": [ 15.953452, 15.803963, 14.372503, 13.203839 ] }, { "date": "2025-11-21", "close": 14.891399, "volume": 24315501, "typical_volume": 35628337.45, "trend": 11.875628, "fair_value": 7.599114, "relative_strength": 35.858583, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 48.370199, "energy": 43.75059, "activity_lines": [ 15.577669, 15.712743, 14.547958, 13.414427 ] }, { "date": "2025-11-28", "close": 16.95021, "volume": 11655305, "typical_volume": 33924746.6, "trend": 12.191928, "fair_value": 7.670554, "relative_strength": 47.455208, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 71.042964, "energy": 50.220091, "activity_lines": [ 15.988765, 15.970957, 14.90009, 13.741819 ] }, { "date": "2025-12-05", "close": 17.46991, "volume": 24284247, "typical_volume": 33592539.4, "trend": 12.517562, "fair_value": 7.74857, "relative_strength": 49.620756, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 72.89746, "energy": 53.042356, "activity_lines": [ 16.497805, 16.267695, 15.270848, 14.082334 ] }, { "date": "2025-12-12", "close": 18.669217, "volume": 25604668, "typical_volume": 33205989.35, "trend": 12.869522, "fair_value": 7.836309, "relative_strength": 58.503069, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 79.712324, "energy": 60.477354, "activity_lines": [ 17.308003, 16.72216, 15.719056, 14.479215 ] }, { "date": "2025-12-19", "close": 19.258876, "volume": 23242279, "typical_volume": 32273109.95, "trend": 13.218164, "fair_value": 7.926874, "relative_strength": 60.773623, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 78.902201, "energy": 75.605603, "activity_lines": [ 18.144853, 17.230412, 16.181467, 14.891431 ] }, { "date": "2025-12-26", "close": 20.208328, "volume": 11497740, "typical_volume": 31662472.45, "trend": 13.594792, "fair_value": 8.024161, "relative_strength": 63.578618, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 81.77523, "energy": 88.960354, "activity_lines": [ 19.064988, 17.862229, 16.685684, 15.34241 ] }, { "date": "2026-01-02", "close": 20.088397, "volume": 16883444, "typical_volume": 29272538.05, "trend": 13.944117, "fair_value": 8.117499, "relative_strength": 61.704766, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 75.481976, "energy": 87.812061, "activity_lines": [ 19.590685, 18.403007, 17.1281, 15.761352 ] }, { "date": "2026-01-09", "close": 21.547555, "volume": 20905032, "typical_volume": 29024075.85, "trend": 14.33975, "fair_value": 8.216373, "relative_strength": 67.912645, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 83.693505, "energy": 90.925266, "activity_lines": [ 20.393554, 19.131495, 17.666286, 16.251896 ] }, { "date": "2026-01-16", "close": 22.487012, "volume": 24985408, "typical_volume": 29153560.55, "trend": 14.770027, "fair_value": 8.322542, "relative_strength": 72.612291, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 84.813714, "energy": 91.290918, "activity_lines": [ 21.237734, 19.929762, 18.247365, 16.777526 ] }, { "date": "2026-01-23", "close": 24.955586, "volume": 30517419, "typical_volume": 29490661.4, "trend": 15.250295, "fair_value": 8.446253, "relative_strength": 88.023826, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 92.769397, "energy": 94.785393, "activity_lines": [ 22.650251, 21.061108, 19.013542, 17.434659 ] }, { "date": "2026-01-30", "close": 23.666331, "volume": 47171217, "typical_volume": 30567885.8, "trend": 15.678598, "fair_value": 8.563289, "relative_strength": 74.070194, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 73.851854, "energy": 80.679211, "activity_lines": [ 23.253236, 21.790869, 19.598633, 17.977629 ] }, { "date": "2026-02-06", "close": 24.715725, "volume": 34094018, "typical_volume": 30995686.75, "trend": 16.153535, "fair_value": 8.689534, "relative_strength": 78.630943, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 76.634493, "energy": 69.91831, "activity_lines": [ 23.975486, 22.551884, 20.23536, 18.560669 ] }, { "date": "2026-02-13", "close": 26.084934, "volume": 28329200, "typical_volume": 29457120.55, "trend": 16.698083, "fair_value": 8.823665, "relative_strength": 86.834756, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 81.630742, "energy": 71.861702, "activity_lines": [ 24.84565, 23.420655, 20.950852, 19.201405 ] }, { "date": "2026-02-20", "close": 24.96558, "volume": 32408744, "typical_volume": 28806076.6, "trend": 17.201657, "fair_value": 8.954119, "relative_strength": 72.885951, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.701849, "energy": 65.009683, "activity_lines": [ 25.040204, 23.92927, 21.502914, 19.734792 ] }, { "date": "2026-02-27", "close": 28.313647, "volume": 37222877, "typical_volume": 28321233.2, "trend": 17.843801, "fair_value": 9.101264, "relative_strength": 91.910407, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 85.258832, "energy": 72.010356, "activity_lines": [ 26.185543, 24.932145, 22.329865, 20.451694 ] }, { "date": "2026-03-06", "close": 22.277133, "volume": 33114859, "typical_volume": 28071927.85, "trend": 18.265418, "fair_value": 9.215082, "relative_strength": 51.224793, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 62.298703, "energy": 52.854741, "activity_lines": [ 25.094839, 24.67284, 22.525942, 20.737716 ] }, { "date": "2026-03-13", "close": 20.724331, "volume": 25387954, "typical_volume": 27563084.85, "trend": 18.588996, "fair_value": 9.318947, "relative_strength": 40.677017, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 42.037414, "energy": 31.723336, "activity_lines": [ 23.579148, 24.093593, 22.546149, 20.896355 ] }, { "date": "2026-03-20", "close": 18.075056, "volume": 30117181, "typical_volume": 27457534.3, "trend": 18.799294, "fair_value": 9.404045, "relative_strength": 23.529767, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 8.823007, "energy": 15.716445, "activity_lines": [ 21.446458, 23.021097, 22.290695, 20.863198 ] }, { "date": "2026-03-27", "close": 19.474673, "volume": 28620557, "typical_volume": 27516125.2, "trend": 19.048922, "fair_value": 9.49544, "relative_strength": 34.220259, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 8.518213, "energy": 25.134099, "activity_lines": [ 20.3143, 22.266214, 22.158612, 20.906771 ] }, { "date": "2026-04-03", "close": 21.634082, "volume": 24413802, "typical_volume": 26738572.6, "trend": 19.346302, "fair_value": 9.601314, "relative_strength": 41.72455, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 5.171125, "energy": 22.189424, "activity_lines": [ 20.268004, 21.95872, 22.216216, 21.073555 ] }, { "date": "2026-04-10", "close": 24.323346, "volume": 26088417, "typical_volume": 26827218.4, "trend": 19.706341, "fair_value": 9.724746, "relative_strength": 50.963709, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 23.73882, "energy": 18.794266, "activity_lines": [ 21.563435, 22.200574, 22.501973, 21.394655 ] }, { "date": "2026-04-17", "close": 25.872923, "volume": 21101290, "typical_volume": 27299517.65, "trend": 20.106372, "fair_value": 9.85811, "relative_strength": 50.839605, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 48.660703, "energy": 27.272946, "activity_lines": [ 23.238976, 22.712223, 22.890395, 21.792499 ] }, { "date": "2026-04-24", "close": 24.343341, "volume": 26630972, "typical_volume": 27416853.9, "trend": 20.446089, "fair_value": 9.982244, "relative_strength": 38.907441, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 41.252842, "energy": 32.614519, "activity_lines": [ 24.061418, 22.924727, 23.090653, 22.065852 ] }, { "date": "2026-05-01", "close": 22.793765, "volume": 22672593, "typical_volume": 27270250.15, "trend": 20.681518, "fair_value": 10.095297, "relative_strength": 27.03163, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 40.541574, "energy": 32.977585, "activity_lines": [ 23.949449, 22.887155, 23.110602, 22.217315 ] }, { "date": "2026-05-08", "close": 25.013158, "volume": 27259692, "typical_volume": 27471120.8, "trend": 20.963275, "fair_value": 10.225953, "relative_strength": 34.110562, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 48.362044, "energy": 44.743916, "activity_lines": [ 24.356004, 23.292596, 23.32228, 22.496775 ] }, { "date": "2026-05-15", "close": 24.943177, "volume": 36490556, "typical_volume": 28720761.6, "trend": 21.24803, "fair_value": 10.355715, "relative_strength": 31.461379, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 55.178569, "energy": 37.346158, "activity_lines": [ 24.513961, 23.745323, 23.499893, 22.753543 ] }, { "date": "2026-05-22", "close": 24.38333, "volume": 20978080, "typical_volume": 28925493.4, "trend": 21.533446, "fair_value": 10.483863, "relative_strength": 25.762648, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 49.683023, "energy": 28.09255, "activity_lines": [ 24.44398, 24.047786, 23.60164, 22.955821 ] }, { "date": "2026-05-29", "close": 29.152026, "volume": 27518321, "typical_volume": 29256157.85, "trend": 21.972154, "fair_value": 10.640349, "relative_strength": 45.698783, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 75.527465, "energy": 56.712094, "activity_lines": [ 26.062871, 25.150757, 24.137096, 23.447342 ] }, { "date": "2026-06-05", "close": 25.652983, "volume": 37013409, "typical_volume": 29857557.9, "trend": 22.289898, "fair_value": 10.774852, "relative_strength": 29.750673, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 54.614167, "energy": 45.513356, "activity_lines": [ 26.194835, 25.416139, 24.303099, 23.684815 ] }, { "date": "2026-06-12", "close": 27.82, "volume": 32631090, "typical_volume": 29963241.45, "trend": 22.691868, "fair_value": 10.920189, "relative_strength": 37.82743, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.910369, "energy": 54.776974, "activity_lines": [ 26.858523, 25.963191, 24.660407, 24.041596 ] }, { "date": "2026-06-19", "close": 27.59, "volume": 19362209, "typical_volume": 28572791.05, "trend": 23.115154, "fair_value": 11.067427, "relative_strength": 33.486189, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 60.730658, "energy": 58.704008, "activity_lines": [ 27.258422, 26.355954, 24.982172, 24.357604 ] }, { "date": "2026-06-26", "close": 23.3, "volume": 28739735, "typical_volume": 28305076.9, "trend": 23.326814, "fair_value": 11.186209, "relative_strength": 14.313983, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 40.346589, "energy": 23.37893, "activity_lines": [ 26.051866, 25.909323, 24.87668, 24.36953 ] }, { "date": "2026-07-03", "close": 22.59, "volume": 19365065, "typical_volume": 27856870.15, "trend": 23.497484, "fair_value": 11.299676, "relative_strength": 7.531115, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 18.846738, "energy": 10.444964, "activity_lines": [ 24.680866, 25.380381, 24.710311, 24.321993 ] }, { "date": "2026-07-10", "close": 21.64, "volume": 21962040, "typical_volume": 27334534.95, "trend": 23.59651, "fair_value": 11.404442, "relative_strength": 0.817614, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -10.317497, "energy": 16.674421, "activity_lines": [ 23.430667, 24.710591, 24.470108, 24.202156 ] }, { "date": "2026-07-17", "close": 20.36, "volume": 21691008, "typical_volume": 26557941.5, "trend": 23.633214, "fair_value": 11.50113, "relative_strength": -4.413317, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -27.174522, "energy": 31.237048, "activity_lines": [ 22.021333, 23.829052, 24.123837, 23.993348 ] }, { "date": "2026-07-24", "close": 22.35, "volume": 25209756, "typical_volume": 26162686.35, "trend": 23.704603, "fair_value": 11.60758, "relative_strength": 4.5243, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -17.789991, "energy": 33.61401, "activity_lines": [ 21.772667, 23.393933, 24.004964, 23.91056 ] }, { "date": "2026-07-31", "close": 22.75, "volume": 31554943, "typical_volume": 26471035.8, "trend": 23.793323, "fair_value": 11.717741, "relative_strength": 4.152039, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -17.534513, "energy": 32.275172, "activity_lines": [ 22.006667, 23.078691, 23.923839, 23.848973 ] }, { "date": "2026-08-07", "close": 27.61, "volume": 21303067, "typical_volume": 26030330.1, "trend": 23.995405, "fair_value": 11.860394, "relative_strength": 20.495094, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 22.105733, "energy": 10.94987, "activity_lines": [ 23.897333, 23.676782, 24.295926, 24.09521 ] } ], "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." } } }