{ "ticker": { "uuid": "2500d569-1b0f-41e3-a4a6-d88485d3b1b8", "symbol": "SWRE", "name": "State Street SPDR MSCI World UCITS ETF EUR H Acc", "exchange": "MIL", "country": "IT", "assetType": "etf" }, "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.", "analysis": { "eligible": true, "as_of": "2026-08-07", "benchmark": "FTSEMIB.MI", "stage": 2, "stage_name": "Advancing", "phase": "2b", "phase_label": "Stage 2B \u00b7 Advancing", "transition": "stage_2_healthy", "transition_label": "Stage 2 trend intact", "confidence": 81.928, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Established expansion", "architecture_gate": "up", "architecture_direction": 86.517, "architecture_energy": 65.64, "architecture_maturity": 62.367, "architecture_confidence": 66.155, "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": 14.85, "rotation_up": 55.48, "upward_expansion": 81.64, "deceleration": 68.69, "rotation_down": 27.38, "downward_expansion": 10.64 }, "activity_lines": [ 16.114933, 16.032691, 15.85879, 15.578254 ], "activity_state": "Wide", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.5 }, "latest_close": 16.507999, "trend_reference": 15.268267, "distance_from_trend": 0.081197, "trend_direction": "Improving", "fair_value": 12.703705, "distance_from_fair_value": 0.299463, "fair_value_direction": "Improving", "relative_strength": -4.465603, "relative_strength_direction": "Weakening", "price_momentum": 0.11405, "excess_performance": -0.056841, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.081197, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.033628, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.299463, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.037514, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.044656, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.014235, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.11405, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 3.191263, "read": "Demand-led" } ], "volume": { "latest": 278343, "relative_activity": 2.084461, "balance": 3.191263, "dry_up": 1.104963, "accumulation_observations": 4, "distribution_observations": 0 }, "risk": { "range_context": 0.016663, "annualized_volatility": 0.122604, "from_high_reference": -0.000726, "from_low_reference": 0.216507 }, "levels": { "trend_reference": 15.268267, "fair_value_reference": 12.703705, "structural_low": 13.754, "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 15, "median_return": 0.008439, "positive_rate": 0.6, "directional_follow_through": 0.6, "median_excess_return": 0.000319, "regime_survival": 0.866667, "best_return": 0.05113, "worst_return": -0.072739, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 5, "median_return": 0.043638, "positive_rate": 0.8, "directional_follow_through": 0.8, "median_excess_return": -0.038156, "regime_survival": 0.6, "best_return": 0.05864, "worst_return": -0.084959, "sufficient": true }, { "horizon": "Extended", "sample_count": 3, "median_return": 0.074804, "positive_rate": 1.0, "directional_follow_through": 1.0, "median_excess_return": -0.080665, "regime_survival": 1.0, "best_return": 0.092008, "worst_return": 0.041942, "sufficient": false }, { "horizon": "Full cycle", "sample_count": 1, "median_return": 0.137809, "positive_rate": 1.0, "directional_follow_through": 1.0, "median_excess_return": -0.10061, "regime_survival": 1.0, "best_return": 0.137809, "worst_return": 0.137809, "sufficient": false } ], "ledger": [ { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-01-24", "end": "2025-03-21", "tenure": "Developing", "return": -0.053925, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-03-28", "end": "2025-04-11", "tenure": "New", "return": -0.069787, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-04-18", "end": "2025-05-16", "tenure": "Developing", "return": 0.111034, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-05-23", "end": "2025-05-30", "tenure": "New", "return": 0.016738, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-06-06", "end": "2025-07-11", "tenure": "Developing", "return": 0.027954, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-07-18", "end": "2026-03-20", "tenure": "Extended", "return": 0.047157, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2026-03-27", "end": "2026-04-24", "tenure": "Developing", "return": 0.09607, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-05-01", "end": "2026-08-07", "tenure": "Established", "return": 0.084911, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 9.83, "volume": 0, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-08-25", "close": 9.83, "volume": 0, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-09-01", "close": 9.952, "volume": 2100, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-09-08", "close": 9.952, "volume": 0, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-09-15", "close": 9.968, "volume": 1300, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-09-22", "close": 9.686, "volume": 28071, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-09-29", "close": 9.514, "volume": 6828, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-10-06", "close": 9.395, "volume": 46363, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-10-13", "close": 9.504, "volume": 264, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-10-20", "close": 9.504, "volume": 0, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-10-27", "close": 9.196, "volume": 5642, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-11-03", "close": 9.639, "volume": 41683, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-11-10", "close": 9.635, "volume": 34600, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-11-17", "close": 9.635, "volume": 0, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-11-24", "close": 10.008, "volume": 26220, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-12-01", "close": 10.0, "volume": 10080, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-12-08", "close": 10.046, "volume": 67953, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-12-15", "close": 10.336, "volume": 103340, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-12-22", "close": 10.42, "volume": 25256, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-12-29", "close": 10.45, "volume": 16873, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-01-05", "close": 10.312, "volume": 8400, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-01-12", "close": 10.382, "volume": 41535, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-01-19", "close": 10.466, "volume": 27174, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-01-26", "close": 10.676, "volume": 22652, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-02-02", "close": 10.738, "volume": 55589, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-02-09", "close": 10.866, "volume": 60110, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-02-16", "close": 10.956, "volume": 41253, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-02-23", "close": 11.076, "volume": 32554, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-03-01", "close": 11.15, "volume": 25390, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-03-08", "close": 11.246, "volume": 13075, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-03-15", "close": 11.172, "volume": 42731, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-03-22", "close": 11.264, "volume": 8414, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-03-29", "close": 11.466, "volume": 1754, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-04-05", "close": 11.326, "volume": 25130, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-04-12", "close": 11.248, "volume": 126686, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-04-19", "close": 10.95, "volume": 17269, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-04-26", "close": 10.942, "volume": 5474, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-05-03", "close": 11.078, "volume": 98, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-05-10", "close": 11.386, "volume": 581, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-05-17", "close": 11.594, "volume": 12347, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-05-24", "close": 11.606, "volume": 18527, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-05-31", "close": 11.474, "volume": 312, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-06-07", "close": 11.672, "volume": 50576, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-06-14", "close": 11.79, "volume": 25387, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-06-21", "close": 11.79, "volume": 690, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-06-28", "close": 11.856, "volume": 61578, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-07-05", "close": 11.96, "volume": 551, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-07-12", "close": 12.064, "volume": 7888, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-07-19", "close": 11.978, "volume": 17741, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-07-26", "close": 11.774, "volume": 23755, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-08-02", "close": 11.402, "volume": 26099, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-08-09", "close": 11.398, "volume": 5084, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-08-16", "close": 11.896, "volume": 27787, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-08-23", "close": 12.01, "volume": 63274, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-08-30", "close": 12.04, "volume": 63, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-09-06", "close": 11.79, "volume": 4307, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-09-13", "close": 11.708, "volume": 308, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-09-20", "close": 12.138, "volume": 4379, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-09-27", "close": 12.282, "volume": 4760, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-10-04", "close": 12.226, "volume": 222728, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-10-11", "close": 12.41, "volume": 15663, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-10-18", "close": 12.5, "volume": 33293, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-10-25", "close": 12.424, "volume": 25549, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-11-01", "close": 12.268, "volume": 19328, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-11-08", "close": 12.66, "volume": 122980, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-11-15", "close": 12.482, "volume": 21851, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-11-22", "close": 12.652, "volume": 10846, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-11-29", "close": 12.786, "volume": 21616, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-12-06", "close": 12.928, "volume": 13775, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-12-13", "close": 12.828, "volume": 23551, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-12-20", "close": 12.584, "volume": 10901, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-12-27", "close": 12.664, "volume": 1078, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-01-03", "close": 12.59, "volume": 14561, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-01-10", "close": 12.426, "volume": 52978, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-01-17", "close": 12.802, "volume": 15773, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-01-24", "close": 13.018, "volume": 66284, "typical_volume": 35110.1, "trend": 12.2896, "fair_value": 11.193464, "relative_strength": 2.606626, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 74.218348, "energy": 45.253537, "activity_lines": [ 12.761333, 12.730182, 12.645695, 12.493514 ] }, { "date": "2025-01-31", "close": 13.062, "volume": 71334, "typical_volume": 38661.4, "trend": 12.326333, "fair_value": 11.216532, "relative_strength": 2.140413, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 74.824322, "energy": 54.779484, "activity_lines": [ 12.882, 12.790945, 12.697429, 12.543346 ] }, { "date": "2025-02-07", "close": 12.93, "volume": 14355, "typical_volume": 39160.2, "trend": 12.3552, "fair_value": 11.237428, "relative_strength": -0.48617, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 61.230825, "energy": 66.412247, "activity_lines": [ 12.932133, 12.820255, 12.730143, 12.582292 ] }, { "date": "2025-02-14", "close": 13.1, "volume": 9495, "typical_volume": 39396.95, "trend": 12.3926, "fair_value": 11.259869, "relative_strength": -1.623691, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 71.864907, "energy": 78.369067, "activity_lines": [ 13.016267, 12.877855, 12.775276, 12.630344 ] }, { "date": "2025-02-21", "close": 13.018, "volume": 19486, "typical_volume": 29234.85, "trend": 12.434067, "fair_value": 11.280799, "relative_strength": -3.367311, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 62.599094, "energy": 69.156317, "activity_lines": [ 13.028133, 12.917418, 12.808705, 12.670692 ] }, { "date": "2025-02-28", "close": 12.676, "volume": 12174, "typical_volume": 29060.4, "trend": 12.476533, "fair_value": 11.297213, "relative_strength": -6.421027, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 52.181599, "energy": 37.013006, "activity_lines": [ 12.9116, 12.891345, 12.80579, 12.686301 ] }, { "date": "2025-03-07", "close": 12.354, "volume": 25835, "typical_volume": 28687.5, "trend": 12.5084, "fair_value": 11.309501, "relative_strength": -8.568562, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 5.620722, "energy": 8.762328, "activity_lines": [ 12.710533, 12.805055, 12.770943, 12.678396 ] }, { "date": "2025-03-14", "close": 12.232, "volume": 157562, "typical_volume": 35288.15, "trend": 12.5196, "fair_value": 11.320105, "relative_strength": -9.553443, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "mixed", "direction": -34.809941, "energy": 34.009568, "activity_lines": [ 12.516, 12.702218, 12.725171, 12.660563 ] }, { "date": "2025-03-21", "close": 12.316, "volume": 42675, "typical_volume": 36455.5, "trend": 12.5298, "fair_value": 11.331422, "relative_strength": -9.759302, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "mixed", "direction": -30.235026, "energy": 41.176876, "activity_lines": [ 12.396, 12.621164, 12.688314, 12.647428 ] }, { "date": "2025-03-28", "close": 12.18, "volume": 8213, "typical_volume": 30717.15, "trend": 12.534467, "fair_value": 11.340956, "relative_strength": -9.994623, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -37.548174, "energy": 61.294965, "activity_lines": [ 12.282933, 12.517382, 12.638276, 12.62486 ] }, { "date": "2025-04-04", "close": 11.256, "volume": 59282, "typical_volume": 32588.7, "trend": 12.516667, "fair_value": 11.340012, "relative_strength": -6.962529, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "mixed", "direction": -68.839676, "energy": 83.623115, "activity_lines": [ 11.917733, 12.256909, 12.502524, 12.542378 ] }, { "date": "2025-04-11", "close": 11.33, "volume": 157563, "typical_volume": 39924.55, "trend": 12.504067, "fair_value": 11.339902, "relative_strength": -4.640891, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -85.681688, "energy": 89.448374, "activity_lines": [ 11.671867, 12.041927, 12.379657, 12.465819 ] }, { "date": "2025-04-18", "close": 11.51, "volume": 509203, "typical_volume": 64303.9, "trend": 12.483133, "fair_value": 11.341751, "relative_strength": -8.366933, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -71.258519, "energy": 86.028293, "activity_lines": [ 11.554267, 11.891164, 12.280229, 12.401686 ] }, { "date": "2025-04-25", "close": 11.912, "volume": 273332, "typical_volume": 77281.75, "trend": 12.4708, "fair_value": 11.347883, "relative_strength": -8.637488, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.419295, "energy": 74.781418, "activity_lines": [ 11.6188, 11.839309, 12.225162, 12.364839 ] }, { "date": "2025-05-02", "close": 12.274, "volume": 49129, "typical_volume": 78560.65, "trend": 12.4724, "fair_value": 11.357735, "relative_strength": -8.22162, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.211032, "energy": 46.04632, "activity_lines": [ 11.830933, 11.874873, 12.20941, 12.352142 ] }, { "date": "2025-05-09", "close": 12.29, "volume": 146979, "typical_volume": 85364.55, "trend": 12.4684, "fair_value": 11.367548, "relative_strength": -10.453454, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -41.231774, "energy": 23.931893, "activity_lines": [ 12.042133, 11.926873, 12.197819, 12.340374 ] }, { "date": "2025-05-16", "close": 12.788, "volume": 579995, "typical_volume": 114310.4, "trend": 12.478, "fair_value": 11.382345, "relative_strength": -9.707542, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -5.785399, "energy": 21.147004, "activity_lines": [ 12.3504, 12.076436, 12.235057, 12.360994 ] }, { "date": "2025-05-23", "close": 12.546, "volume": 162749, "typical_volume": 121719.8, "trend": 12.482067, "fair_value": 11.394341, "relative_strength": -8.671877, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -13.654735, "energy": 26.942779, "activity_lines": [ 12.4808, 12.174109, 12.248657, 12.365381 ] }, { "date": "2025-05-30", "close": 12.756, "volume": 31548, "typical_volume": 120648.3, "trend": 12.498333, "fair_value": 11.408236, "relative_strength": -8.487747, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 24.095586, "energy": 31.754671, "activity_lines": [ 12.612133, 12.304255, 12.282467, 12.383054 ] }, { "date": "2025-06-06", "close": 12.95, "volume": 70598, "typical_volume": 123389.55, "trend": 12.508, "fair_value": 11.423809, "relative_strength": -8.183961, "stage": 3, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 32.593831, "energy": 38.208214, "activity_lines": [ 12.751867, 12.461673, 12.333181, 12.412194 ] }, { "date": "2025-06-13", "close": 12.926, "volume": 226372, "typical_volume": 131393.95, "trend": 12.5228, "fair_value": 11.438831, "relative_strength": -5.477941, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 29.728935, "energy": 50.627733, "activity_lines": [ 12.838533, 12.600727, 12.380905, 12.439161 ] }, { "date": "2025-06-20", "close": 12.834, "volume": 73349, "typical_volume": 131494.7, "trend": 12.528867, "fair_value": 11.452645, "relative_strength": -5.51257, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 24.963696, "energy": 45.436242, "activity_lines": [ 12.852133, 12.692691, 12.420305, 12.459239 ] }, { "date": "2025-06-27", "close": 13.204, "volume": 742440, "typical_volume": 167898.95, "trend": 12.5428, "fair_value": 11.469815, "relative_strength": -3.903101, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 37.039348, "energy": 52.239269, "activity_lines": [ 12.986, 12.824582, 12.496029, 12.502796 ] }, { "date": "2025-07-04", "close": 13.29, "volume": 254874, "typical_volume": 180167.9, "trend": 12.554867, "fair_value": 11.487486, "relative_strength": -2.895314, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 47.747429, "energy": 62.31132, "activity_lines": [ 13.104667, 12.941309, 12.578638, 12.551002 ] }, { "date": "2025-07-11", "close": 13.312, "volume": 73034, "typical_volume": 182845.3, "trend": 12.571, "fair_value": 11.50503, "relative_strength": -3.751698, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 74.952668, "energy": 82.89852, "activity_lines": [ 13.195067, 13.036982, 12.662438, 12.599849 ] }, { "date": "2025-07-18", "close": 13.402, "volume": 38745, "typical_volume": 184173.85, "trend": 12.598267, "fair_value": 11.523096, "relative_strength": -3.568805, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 75.86053, "energy": 87.65582, "activity_lines": [ 13.291333, 13.130145, 12.75341, 12.653462 ] }, { "date": "2025-07-25", "close": 13.564, "volume": 24130, "typical_volume": 184088.6, "trend": 12.628267, "fair_value": 11.54235, "relative_strength": -3.313504, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 80.097182, "energy": 90.75998, "activity_lines": [ 13.409867, 13.232545, 12.856352, 12.715768 ] }, { "date": "2025-08-01", "close": 13.248, "volume": 370079, "typical_volume": 194714.45, "trend": 12.6502, "fair_value": 11.558291, "relative_strength": -3.583332, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.494884, "energy": 82.945541, "activity_lines": [ 13.3744, 13.263382, 12.923438, 12.755751 ] }, { "date": "2025-08-08", "close": 13.582, "volume": 67516, "typical_volume": 195956.5, "trend": 12.688733, "fair_value": 11.577029, "relative_strength": -4.972787, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 76.90363, "energy": 77.071426, "activity_lines": [ 13.447333, 13.342182, 13.017495, 12.815867 ] }, { "date": "2025-08-15", "close": 13.718, "volume": 132233, "typical_volume": 202157.5, "trend": 12.719267, "fair_value": 11.596671, "relative_strength": -6.136931, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 81.222462, "energy": 82.718643, "activity_lines": [ 13.546133, 13.430691, 13.118476, 12.882271 ] }, { "date": "2025-08-22", "close": 13.81, "volume": 92689, "typical_volume": 203827.85, "trend": 12.745667, "fair_value": 11.616792, "relative_strength": -6.739539, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 81.771563, "energy": 83.016946, "activity_lines": [ 13.648533, 13.521964, 13.220895, 12.952641 ] }, { "date": "2025-08-29", "close": 13.73, "volume": 833245, "typical_volume": 237611.95, "trend": 12.767933, "fair_value": 11.63583, "relative_strength": -4.698508, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 71.195405, "energy": 86.646761, "activity_lines": [ 13.697067, 13.582618, 13.303533, 13.016146 ] }, { "date": "2025-09-05", "close": 13.754, "volume": 33172, "typical_volume": 213810.4, "trend": 12.7954, "fair_value": 11.654742, "relative_strength": -3.053973, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 68.73479, "energy": 85.158756, "activity_lines": [ 13.742533, 13.631345, 13.377029, 13.079763 ] }, { "date": "2025-09-12", "close": 13.982, "volume": 115473, "typical_volume": 205917.45, "trend": 12.8248, "fair_value": 11.675337, "relative_strength": -3.554502, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 83.043435, "energy": 84.597732, "activity_lines": [ 13.830267, 13.711527, 13.461552, 13.156318 ] }, { "date": "2025-09-19", "close": 14.046, "volume": 109910, "typical_volume": 208956.5, "trend": 12.859067, "fair_value": 11.696132, "relative_strength": -2.379546, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 81.98066, "energy": 77.070351, "activity_lines": [ 13.912667, 13.790764, 13.542314, 13.235105 ] }, { "date": "2025-09-26", "close": 14.056, "volume": 56248, "typical_volume": 204419.95, "trend": 12.905067, "fair_value": 11.716653, "relative_strength": -2.942999, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 77.819939, "energy": 77.174922, "activity_lines": [ 13.976533, 13.858473, 13.61559, 13.312327 ] }, { "date": "2025-10-03", "close": 14.312, "volume": 129842, "typical_volume": 181912.3, "trend": 12.970333, "fair_value": 11.739027, "relative_strength": -2.390591, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 88.291617, "energy": 87.299665, "activity_lines": [ 14.109333, 13.960836, 13.704838, 13.403097 ] }, { "date": "2025-10-10", "close": 14.1, "volume": 311097, "typical_volume": 189329.7, "trend": 13.0326, "fair_value": 11.759206, "relative_strength": -0.920832, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.760132, "energy": 73.4001, "activity_lines": [ 14.132667, 14.011055, 13.766638, 13.475978 ] }, { "date": "2025-10-17", "close": 14.086, "volume": 117893, "typical_volume": 193646.95, "trend": 13.0916, "fair_value": 11.778925, "relative_strength": -0.231193, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.629434, "energy": 65.038046, "activity_lines": [ 14.128267, 14.043236, 13.819705, 13.54394 ] }, { "date": "2025-10-24", "close": 14.308, "volume": 129947, "typical_volume": 196614.4, "trend": 13.162533, "fair_value": 11.800177, "relative_strength": -0.281386, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 77.637906, "energy": 69.365054, "activity_lines": [ 14.190933, 14.106618, 13.887581, 13.622417 ] }, { "date": "2025-10-31", "close": 14.498, "volume": 39555, "typical_volume": 187273.55, "trend": 13.2706, "fair_value": 11.822659, "relative_strength": -0.465342, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 84.545855, "energy": 71.627756, "activity_lines": [ 14.299467, 14.193818, 13.967086, 13.708576 ] }, { "date": "2025-11-07", "close": 14.148, "volume": 104137, "typical_volume": 188812.95, "trend": 13.364533, "fair_value": 11.841877, "relative_strength": -2.036892, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.40428, "energy": 62.55752, "activity_lines": [ 14.261867, 14.204873, 14.005771, 13.765183 ] }, { "date": "2025-11-14", "close": 14.386, "volume": 548577, "typical_volume": 179119.8, "trend": 13.4604, "fair_value": 11.86273, "relative_strength": -2.615582, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 70.034264, "energy": 62.449825, "activity_lines": [ 14.314533, 14.2516, 14.060867, 13.831084 ] }, { "date": "2025-11-21", "close": 13.988, "volume": 149130, "typical_volume": 173832.6, "trend": 13.5296, "fair_value": 11.880009, "relative_strength": -2.071564, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 58.222207, "energy": 45.653064, "activity_lines": [ 14.215467, 14.214473, 14.072429, 13.865123 ] }, { "date": "2025-11-28", "close": 14.512, "volume": 134862, "typical_volume": 176924.0, "trend": 13.6042, "fair_value": 11.901235, "relative_strength": 0.244318, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 71.998635, "energy": 45.684979, "activity_lines": [ 14.2976, 14.272509, 14.130571, 13.928503 ] }, { "date": "2025-12-05", "close": 14.58, "volume": 31076, "typical_volume": 176540.55, "trend": 13.680533, "fair_value": 11.922665, "relative_strength": 0.748674, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 73.206747, "energy": 51.057258, "activity_lines": [ 14.3888, 14.334436, 14.189476, 13.991458 ] }, { "date": "2025-12-12", "close": 14.51, "volume": 380588, "typical_volume": 194363.45, "trend": 13.737933, "fair_value": 11.943199, "relative_strength": 0.276407, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.22053, "energy": 48.371538, "activity_lines": [ 14.4512, 14.374109, 14.236105, 14.044972 ] }, { "date": "2025-12-19", "close": 14.558, "volume": 22788, "typical_volume": 176998.9, "trend": 13.805, "fair_value": 11.963788, "relative_strength": -1.919184, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.756011, "energy": 53.718351, "activity_lines": [ 14.505467, 14.418909, 14.2828, 14.09788 ] }, { "date": "2025-12-26", "close": 14.676, "volume": 49972, "typical_volume": 176121.7, "trend": 13.869, "fair_value": 11.984977, "relative_strength": -0.548945, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 70.018897, "energy": 65.437635, "activity_lines": [ 14.5876, 14.476836, 14.334495, 14.154073 ] }, { "date": "2026-01-02", "close": 14.576, "volume": 25446, "typical_volume": 170782.35, "trend": 13.9232, "fair_value": 12.005063, "relative_strength": -2.626455, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.677149, "energy": 49.723348, "activity_lines": [ 14.590533, 14.505855, 14.371457, 14.199686 ] }, { "date": "2026-01-09", "close": 14.884, "volume": 66723, "typical_volume": 169484.05, "trend": 13.988467, "fair_value": 12.027208, "relative_strength": -1.154626, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 75.803287, "energy": 55.718576, "activity_lines": [ 14.691867, 14.586, 14.433667, 14.261673 ] }, { "date": "2026-01-16", "close": 14.912, "volume": 99594, "typical_volume": 132801.5, "trend": 14.057733, "fair_value": 12.04923, "relative_strength": -0.985446, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 73.516093, "energy": 65.101904, "activity_lines": [ 14.782267, 14.664218, 14.493429, 14.321256 ] }, { "date": "2026-01-23", "close": 14.812, "volume": 39587, "typical_volume": 133122.25, "trend": 14.111333, "fair_value": 12.07016, "relative_strength": 0.646075, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.511706, "energy": 51.11467, "activity_lines": [ 14.812533, 14.710364, 14.538038, 14.369918 ] }, { "date": "2026-01-30", "close": 14.804, "volume": 97346, "typical_volume": 132215.9, "trend": 14.1618, "fair_value": 12.090715, "relative_strength": -0.752201, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 60.286146, "energy": 52.67645, "activity_lines": [ 14.8232, 14.747309, 14.576848, 14.414606 ] }, { "date": "2026-02-06", "close": 14.818, "volume": 125712, "typical_volume": 133006.0, "trend": 14.212, "fair_value": 12.111068, "relative_strength": -1.265917, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 57.120219, "energy": 45.59538, "activity_lines": [ 14.83, 14.771964, 14.613076, 14.456942 ] }, { "date": "2026-02-13", "close": 14.8, "volume": 213533, "typical_volume": 140870.25, "trend": 14.2586, "fair_value": 12.130986, "relative_strength": -0.305415, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 54.867798, "energy": 40.113477, "activity_lines": [ 14.814667, 14.787782, 14.643914, 14.494877 ] }, { "date": "2026-02-20", "close": 14.904, "volume": 54259, "typical_volume": 137091.1, "trend": 14.303267, "fair_value": 12.151376, "relative_strength": -1.751092, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 60.384183, "energy": 41.953358, "activity_lines": [ 14.8396, 14.818509, 14.681114, 14.536516 ] }, { "date": "2026-02-27", "close": 14.93, "volume": 47922, "typical_volume": 123932.35, "trend": 14.359333, "fair_value": 12.171658, "relative_strength": -3.049433, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.168459, "energy": 45.92496, "activity_lines": [ 14.873733, 14.8468, 14.717971, 14.576951 ] }, { "date": "2026-03-06", "close": 14.49, "volume": 398200, "typical_volume": 137947.7, "trend": 14.3896, "fair_value": 12.188457, "relative_strength": 0.562453, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 29.624053, "energy": 21.937389, "activity_lines": [ 14.753333, 14.788327, 14.708971, 14.585381 ] }, { "date": "2026-03-13", "close": 14.312, "volume": 242742, "typical_volume": 143587.45, "trend": 14.4094, "fair_value": 12.203735, "relative_strength": -1.080624, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 6.47034, "energy": 10.850136, "activity_lines": [ 14.594533, 14.700873, 14.681095, 14.580374 ] }, { "date": "2026-03-20", "close": 14.034, "volume": 293919, "typical_volume": 156305.65, "trend": 14.416867, "fair_value": 12.216808, "relative_strength": 0.268462, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "mixed", "direction": -35.284713, "energy": 34.027813, "activity_lines": [ 14.3768, 14.567673, 14.626724, 14.556155 ] }, { "date": "2026-03-27", "close": 13.844, "volume": 62714, "typical_volume": 154234.5, "trend": 14.420667, "fair_value": 12.228348, "relative_strength": -2.342935, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -40.793212, "energy": 45.126105, "activity_lines": [ 14.1468, 14.415382, 14.556467, 14.519196 ] }, { "date": "2026-04-03", "close": 14.236, "volume": 94522, "typical_volume": 131531.75, "trend": 14.436733, "fair_value": 12.242487, "relative_strength": -4.449078, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -23.709512, "energy": 48.06137, "activity_lines": [ 14.118133, 14.353782, 14.52499, 14.507282 ] }, { "date": "2026-04-10", "close": 14.746, "volume": 103169, "typical_volume": 129233.7, "trend": 14.4622, "fair_value": 12.259994, "relative_strength": -5.020588, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -6.214507, "energy": 27.504781, "activity_lines": [ 14.305733, 14.395382, 14.5428, 14.527234 ] }, { "date": "2026-04-17", "close": 15.248, "volume": 54702, "typical_volume": 125225.7, "trend": 14.502267, "fair_value": 12.280744, "relative_strength": -4.274938, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "up", "direction": 51.464041, "energy": 24.20378, "activity_lines": [ 14.6436, 14.529309, 14.60481, 14.577931 ] }, { "date": "2026-04-24", "close": 15.174, "volume": 621672, "typical_volume": 154755.5, "trend": 14.539533, "fair_value": 12.300697, "relative_strength": -2.311704, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "up", "direction": 56.394683, "energy": 42.528362, "activity_lines": [ 14.8944, 14.641964, 14.656267, 14.621269 ] }, { "date": "2026-05-01", "close": 15.216, "volume": 176722, "typical_volume": 144562.2, "trend": 14.569667, "fair_value": 12.320665, "relative_strength": -3.211541, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.22188, "energy": 53.041844, "activity_lines": [ 15.0832, 14.755455, 14.708895, 14.664912 ] }, { "date": "2026-05-08", "close": 15.576, "volume": 82274, "typical_volume": 147536.5, "trend": 14.618867, "fair_value": 12.34281, "relative_strength": -3.042127, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 79.051945, "energy": 80.505126, "activity_lines": [ 15.300533, 14.928727, 14.792448, 14.729837 ] }, { "date": "2026-05-15", "close": 15.638, "volume": 190109, "typical_volume": 154543.35, "trend": 14.6706, "fair_value": 12.365075, "relative_strength": -2.333507, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 77.193198, "energy": 82.458793, "activity_lines": [ 15.4492, 15.101527, 14.877057, 14.795587 ] }, { "date": "2026-05-22", "close": 15.84, "volume": 294556, "typical_volume": 167998.85, "trend": 14.721667, "fair_value": 12.388397, "relative_strength": -1.873374, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 80.07822, "energy": 85.014553, "activity_lines": [ 15.605733, 15.290182, 14.976324, 14.871032 ] }, { "date": "2026-05-29", "close": 15.994, "volume": 168032, "typical_volume": 173064.3, "trend": 14.771533, "fair_value": 12.412434, "relative_strength": -1.969224, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 80.291274, "energy": 87.497637, "activity_lines": [ 15.774133, 15.479055, 15.084238, 14.953118 ] }, { "date": "2026-06-05", "close": 15.844, "volume": 32049, "typical_volume": 169687.05, "trend": 14.828067, "fair_value": 12.43516, "relative_strength": -2.60034, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 68.713759, "energy": 83.240259, "activity_lines": [ 15.837867, 15.605018, 15.172581, 15.02231 ] }, { "date": "2026-06-12", "close": 15.824, "volume": 80933, "typical_volume": 171754.35, "trend": 14.876, "fair_value": 12.457455, "relative_strength": -5.639299, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.820615, "energy": 80.104059, "activity_lines": [ 15.853067, 15.690982, 15.254581, 15.086563 ] }, { "date": "2026-06-19", "close": 15.964, "volume": 21009, "typical_volume": 167937.5, "trend": 14.941867, "fair_value": 12.480373, "relative_strength": -7.102241, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 71.893286, "energy": 84.184437, "activity_lines": [ 15.8984, 15.773527, 15.345095, 15.156757 ] }, { "date": "2026-06-26", "close": 15.75, "volume": 4564, "typical_volume": 161880.1, "trend": 14.983133, "fair_value": 12.501605, "relative_strength": -5.375652, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.885321, "energy": 64.302005, "activity_lines": [ 15.850667, 15.795018, 15.409705, 15.208895 ] }, { "date": "2026-07-03", "close": 16.040001, "volume": 13829, "typical_volume": 151894.9, "trend": 15.0318, "fair_value": 12.524433, "relative_strength": -6.29241, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 75.022019, "energy": 70.459039, "activity_lines": [ 15.9056, 15.860109, 15.497495, 15.27708 ] }, { "date": "2026-07-10", "close": 16.076, "volume": 79598, "typical_volume": 153161.85, "trend": 15.084, "fair_value": 12.547199, "relative_strength": -5.567072, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 74.034176, "energy": 76.635063, "activity_lines": [ 15.969467, 15.916, 15.58281, 15.344447 ] }, { "date": "2026-07-17", "close": 15.914, "volume": 130185, "typical_volume": 157275.0, "trend": 15.1292, "fair_value": 12.585378, "relative_strength": -5.054609, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.842517, "energy": 65.24848, "activity_lines": [ 15.963867, 15.9268, 15.647114, 15.397996 ] }, { "date": "2026-07-24", "close": 15.92, "volume": 77504, "typical_volume": 141240.2, "trend": 15.170667, "fair_value": 12.62275, "relative_strength": -4.726201, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.503295, "energy": 59.959552, "activity_lines": [ 15.954267, 15.932546, 15.707305, 15.449015 ] }, { "date": "2026-07-31", "close": 15.88, "volume": 104161, "typical_volume": 134311.15, "trend": 15.214133, "fair_value": 12.660897, "relative_strength": -5.48754, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 58.666689, "energy": 50.894388, "activity_lines": [ 15.934267, 15.925891, 15.756876, 15.494779 ] }, { "date": "2026-08-07", "close": 16.507999, "volume": 278343, "typical_volume": 133532.35, "trend": 15.268267, "fair_value": 12.703705, "relative_strength": -4.465603, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 86.516986, "energy": 65.639804, "activity_lines": [ 16.114933, 16.032691, 15.85879, 15.578254 ] } ], "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." } } }