{ "ticker": { "uuid": "2d03b0b8-8e0e-4d6c-aa73-aa4daf9f50be", "symbol": "EFR", "name": "Energy Fuels Inc.", "exchange": "TOR", "country": "CA", "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": "^GSPTSE", "stage": 4, "stage_name": "Declining", "phase": "4b", "phase_label": "Stage 4B \u00b7 Declining", "transition": "stage_4_declining", "transition_label": "Stage 4 decline intact", "confidence": 96.0, "architecture_regime": "downward_expansion", "architecture_regime_label": "Downward Expansion", "architecture_modifier": "Early contraction", "architecture_gate": "down", "architecture_direction": -65.406, "architecture_energy": 74.039, "architecture_maturity": 28.434, "architecture_confidence": 91.41, "architecture_tenure": "Developing", "architecture": { "interpretation": { "headline": "The weekly architecture is expanding downward.", "body": "Trend and Activity show sustained negative alignment with weak price acceptance. Repair requires persistent improvement across the structure, not merely one strong observation." }, "scores": { "balance": 11.14, "rotation_up": 14.25, "upward_expansion": 17.02, "deceleration": 38.45, "rotation_down": 70.91, "downward_expansion": 92.69 }, "activity_lines": [ 17.465334, 18.392, 20.951, 22.514581 ], "activity_state": "Wide", "activity_direction": "Expanding", "rotation_direction": "Weakening", "price_acceptance": -0.833333 }, "latest_close": 19.690001, "trend_reference": 24.780667, "distance_from_trend": -0.205429, "trend_direction": "Weakening", "fair_value": 13.474359, "distance_from_fair_value": 0.461294, "fair_value_direction": "Weakening", "relative_strength": -25.127215, "relative_strength_direction": "Weakening", "price_momentum": -0.321034, "excess_performance": -0.441456, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.205429, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.027103, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.461294, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.891442, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.251272, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.551068, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.321034, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.737216, "read": "Supply-led" } ], "volume": { "latest": 4566000, "relative_activity": 1.459849, "balance": 0.737216, "dry_up": 1.142997, "accumulation_observations": 2, "distribution_observations": 2 }, "risk": { "range_context": 0.153026, "annualized_volatility": 0.63131, "from_high_reference": -0.486839, "from_low_reference": 0.740937 }, "levels": { "trend_reference": 24.780667, "fair_value_reference": 13.474359, "structural_low": 15.0, "invalidation": "Reclaiming a flat-to-rising Trend with improving relative strength is required before the declining diagnosis is repaired." }, "outcomes": [ { "horizon": "Near term", "sample_count": 19, "median_return": 0.009079, "positive_rate": 0.526316, "directional_follow_through": 0.421053, "median_excess_return": 0.005255, "regime_survival": 0.684211, "best_return": 0.324742, "worst_return": -0.191746, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 7, "median_return": 0.158126, "positive_rate": 0.857143, "directional_follow_through": 0.142857, "median_excess_return": 0.1349, "regime_survival": 0.142857, "best_return": 0.742284, "worst_return": -0.002181, "sufficient": true }, { "horizon": "Extended", "sample_count": 6, "median_return": 0.278303, "positive_rate": 0.666667, "directional_follow_through": 0.333333, "median_excess_return": 0.275919, "regime_survival": 0.166667, "best_return": 2.315113, "worst_return": -0.261556, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 4, "median_return": 0.214105, "positive_rate": 0.75, "directional_follow_through": 0.25, "median_excess_return": 0.233729, "regime_survival": 0.25, "best_return": 2.712219, "worst_return": -0.331454, "sufficient": false } ], "ledger": [ { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2024-10-25", "end": "2024-11-29", "tenure": "Developing", "return": 0.190421, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-12-06", "end": "2024-12-27", "tenure": "New", "return": -0.206969, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-01-03", "end": "2025-02-14", "tenure": "Developing", "return": -0.177536, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-02-21", "end": "2025-03-14", "tenure": "New", "return": -0.101824, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-03-21", "end": "2025-05-23", "tenure": "Developing", "return": 0.186495, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-05-30", "end": "2025-06-13", "tenure": "New", "return": 0.138393, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-06-20", "end": "2025-07-11", "tenure": "New", "return": 0.215054, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-07-18", "end": "2025-11-21", "tenure": "Established", "return": 0.405616, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-11-28", "end": "2026-01-16", "tenure": "Developing", "return": 0.511616, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-01-23", "end": "2026-02-27", "tenure": "Developing", "return": -0.164851, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-03-06", "end": "2026-05-15", "tenure": "Developing", "return": -0.020463, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-05-22", "end": "2026-06-05", "tenure": "New", "return": -0.166733, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2026-06-12", "end": "2026-06-26", "tenure": "New", "return": -0.027553, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-07-03", "end": "2026-08-07", "tenure": "Developing", "return": -0.009059, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 8.81, "volume": 1418200, "typical_volume": 1261310.0, "trend": 8.236, "fair_value": 7.758718, "relative_strength": 3.465097, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 31.110196, "energy": 40.845057, "activity_lines": [ 8.558667, 8.342, 8.229952, 8.126086 ] }, { "date": "2023-08-25", "close": 9.29, "volume": 2248900, "typical_volume": 1311920.0, "trend": 8.212333, "fair_value": 7.802372, "relative_strength": 8.972773, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 41.093456, "energy": 56.971421, "activity_lines": [ 8.868667, 8.532, 8.350571, 8.194086 ] }, { "date": "2023-09-01", "close": 9.85, "volume": 1631700, "typical_volume": 1331670.0, "trend": 8.211, "fair_value": 7.850705, "relative_strength": 11.62129, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 80.010425, "energy": 80.528464, "activity_lines": [ 9.272, 8.808545, 8.513095, 8.299742 ] }, { "date": "2023-09-08", "close": 10.04, "volume": 1421700, "typical_volume": 1351905.0, "trend": 8.217, "fair_value": 7.900641, "relative_strength": 16.473958, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 80.534694, "energy": 84.310466, "activity_lines": [ 9.61, 9.084364, 8.681, 8.417742 ] }, { "date": "2023-09-15", "close": 11.36, "volume": 2377300, "typical_volume": 1375300.0, "trend": 8.278667, "fair_value": 7.958333, "relative_strength": 27.689294, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 93.90862, "energy": 96.080017, "activity_lines": [ 10.26, 9.567273, 8.959333, 8.620516 ] }, { "date": "2023-09-22", "close": 11.07, "volume": 2160300, "typical_volume": 1424170.0, "trend": 8.350667, "fair_value": 8.015128, "relative_strength": 28.86324, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 81.227082, "energy": 92.11133, "activity_lines": [ 10.66, 9.933273, 9.192619, 8.800602 ] }, { "date": "2023-09-29", "close": 11.16, "volume": 3212600, "typical_volume": 1493870.0, "trend": 8.420667, "fair_value": 8.072692, "relative_strength": 30.837081, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 75.413091, "energy": 89.448377, "activity_lines": [ 10.939333, 10.264, 9.419667, 8.981849 ] }, { "date": "2023-10-06", "close": 10.47, "volume": 2262900, "typical_volume": 1564285.0, "trend": 8.515667, "fair_value": 8.125513, "relative_strength": 24.379974, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.986417, "energy": 77.655056, "activity_lines": [ 10.864, 10.409818, 9.567143, 9.114065 ] }, { "date": "2023-10-13", "close": 10.31, "volume": 1182300, "typical_volume": 1587120.0, "trend": 8.613, "fair_value": 8.177885, "relative_strength": 20.736033, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 63.341336, "energy": 55.828625, "activity_lines": [ 10.694, 10.480182, 9.688, 9.229828 ] }, { "date": "2023-10-20", "close": 10.54, "volume": 1732000, "typical_volume": 1600695.0, "trend": 8.736667, "fair_value": 8.231923, "relative_strength": 25.424346, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 58.782558, "energy": 45.893792, "activity_lines": [ 10.582667, 10.552545, 9.820048, 9.354151 ] }, { "date": "2023-10-27", "close": 10.48, "volume": 1474400, "typical_volume": 1603750.0, "trend": 8.834667, "fair_value": 8.286282, "relative_strength": 26.950756, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 44.671273, "energy": 33.432816, "activity_lines": [ 10.506, 10.587091, 9.937143, 9.466624 ] }, { "date": "2023-11-03", "close": 10.85, "volume": 1751200, "typical_volume": 1620315.0, "trend": 8.966667, "fair_value": 8.342308, "relative_strength": 23.849261, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 49.321822, "energy": 34.811266, "activity_lines": [ 10.592, 10.658545, 10.079905, 9.596645 ] }, { "date": "2023-11-10", "close": 10.92, "volume": 1838900, "typical_volume": 1674860.0, "trend": 9.091333, "fair_value": 8.397692, "relative_strength": 25.469979, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 59.306152, "energy": 39.990814, "activity_lines": [ 10.722, 10.714364, 10.217905, 9.722667 ] }, { "date": "2023-11-17", "close": 11.58, "volume": 1353500, "typical_volume": 1699175.0, "trend": 9.249667, "fair_value": 8.456603, "relative_strength": 29.041064, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 70.839419, "energy": 49.311754, "activity_lines": [ 11.042, 10.870727, 10.404429, 9.883226 ] }, { "date": "2023-11-24", "close": 11.5, "volume": 986400, "typical_volume": 1710350.0, "trend": 9.376333, "fair_value": 8.513462, "relative_strength": 27.93177, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 67.031933, "energy": 56.31919, "activity_lines": [ 11.250667, 10.984545, 10.567381, 10.028409 ] }, { "date": "2023-12-01", "close": 10.42, "volume": 1780000, "typical_volume": 1747580.0, "trend": 9.458333, "fair_value": 8.559231, "relative_strength": 13.61359, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 56.731272, "energy": 40.766428, "activity_lines": [ 11.035333, 10.899455, 10.61, 10.095742 ] }, { "date": "2023-12-08", "close": 10.26, "volume": 2070700, "typical_volume": 1791265.0, "trend": 9.525333, "fair_value": 8.599936, "relative_strength": 12.044149, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 42.347954, "energy": 27.646548, "activity_lines": [ 10.770667, 10.797091, 10.626952, 10.147462 ] }, { "date": "2023-12-15", "close": 9.76, "volume": 2527500, "typical_volume": 1866720.0, "trend": 9.581333, "fair_value": 8.633846, "relative_strength": 5.306866, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 20.575936, "energy": 14.901793, "activity_lines": [ 10.378667, 10.620182, 10.585, 10.162602 ] }, { "date": "2023-12-22", "close": 10.22, "volume": 2882300, "typical_volume": 1905840.0, "trend": 9.653333, "fair_value": 8.665256, "relative_strength": 8.133258, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 14.487839, "energy": 18.098219, "activity_lines": [ 10.217333, 10.539818, 10.578095, 10.203806 ] }, { "date": "2023-12-29", "close": 9.5, "volume": 1778700, "typical_volume": 1904575.0, "trend": 9.683333, "fair_value": 8.691538, "relative_strength": 0.055803, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": -2.791376, "energy": 18.305296, "activity_lines": [ 9.906667, 10.330182, 10.492619, 10.193914 ] }, { "date": "2024-01-05", "close": 9.03, "volume": 1362400, "typical_volume": 1901785.0, "trend": 9.702, "fair_value": 8.716795, "relative_strength": -4.784671, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -32.056329, "energy": 41.723479, "activity_lines": [ 9.572667, 10.054, 10.360286, 10.151763 ] }, { "date": "2024-01-12", "close": 10.27, "volume": 2252100, "typical_volume": 1901945.0, "trend": 9.762667, "fair_value": 8.750128, "relative_strength": 7.881325, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -15.251722, "energy": 26.089846, "activity_lines": [ 9.744667, 10.029636, 10.345, 10.188409 ] }, { "date": "2024-01-19", "close": 9.88, "volume": 2195700, "typical_volume": 1930145.0, "trend": 9.828333, "fair_value": 8.781667, "relative_strength": 4.114069, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -14.907314, "energy": 24.042927, "activity_lines": [ 9.786, 9.944909, 10.287905, 10.195978 ] }, { "date": "2024-01-26", "close": 9.84, "volume": 1329800, "typical_volume": 1925550.0, "trend": 9.882, "fair_value": 8.813462, "relative_strength": 2.692377, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -11.956787, "energy": 14.101797, "activity_lines": [ 9.806, 9.871818, 10.226857, 10.196731 ] }, { "date": "2024-02-02", "close": 10.47, "volume": 2300500, "typical_volume": 1921710.0, "trend": 9.97, "fair_value": 8.840705, "relative_strength": 9.382201, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 1.394421, "energy": 5.358313, "activity_lines": [ 10.061333, 9.944909, 10.226762, 10.234667 ] }, { "date": "2024-02-09", "close": 9.26, "volume": 1763500, "typical_volume": 1901870.0, "trend": 10.004333, "fair_value": 8.853141, "relative_strength": -2.756339, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -19.810432, "energy": 12.470381, "activity_lines": [ 9.848667, 9.816727, 10.115667, 10.18886 ] }, { "date": "2024-02-16", "close": 8.74, "volume": 1638200, "typical_volume": 1823150.0, "trend": 10.032667, "fair_value": 8.862756, "relative_strength": -9.077305, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -36.662554, "energy": 31.384966, "activity_lines": [ 9.447333, 9.615091, 9.963667, 10.10729 ] }, { "date": "2024-02-23", "close": 8.08, "volume": 1547600, "typical_volume": 1787385.0, "trend": 10.038, "fair_value": 8.872051, "relative_strength": -16.336654, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -72.368944, "energy": 64.463274, "activity_lines": [ 8.928, 9.321091, 9.760333, 9.981312 ] }, { "date": "2024-03-01", "close": 8.87, "volume": 2152600, "typical_volume": 1835900.0, "trend": 10.063, "fair_value": 8.886218, "relative_strength": -8.638306, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -57.433152, "energy": 65.555137, "activity_lines": [ 8.792, 9.201273, 9.643619, 9.905957 ] }, { "date": "2024-03-08", "close": 8.2, "volume": 2016800, "typical_volume": 1850140.0, "trend": 10.034333, "fair_value": 8.891603, "relative_strength": -16.229561, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.054585, "energy": 72.219295, "activity_lines": [ 8.497333, 8.984182, 9.469952, 9.785763 ] }, { "date": "2024-03-15", "close": 8.17, "volume": 2093000, "typical_volume": 1881070.0, "trend": 10.013, "fair_value": 8.891923, "relative_strength": -16.937037, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.059201, "energy": 71.013657, "activity_lines": [ 8.344, 8.785273, 9.304571, 9.665484 ] }, { "date": "2024-03-22", "close": 8.4, "volume": 1551600, "typical_volume": 1871090.0, "trend": 9.983333, "fair_value": 8.896538, "relative_strength": -15.238093, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.270447, "energy": 58.233556, "activity_lines": [ 8.34, 8.643818, 9.172095, 9.561419 ] }, { "date": "2024-03-29", "close": 8.47, "volume": 1320600, "typical_volume": 1845175.0, "trend": 9.937333, "fair_value": 8.902628, "relative_strength": -15.262153, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -58.62859, "energy": 51.374521, "activity_lines": [ 8.382, 8.549091, 9.057952, 9.463785 ] }, { "date": "2024-04-05", "close": 8.92, "volume": 1935600, "typical_volume": 1874280.0, "trend": 9.9, "fair_value": 8.907308, "relative_strength": -11.37541, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -53.225169, "energy": 36.206347, "activity_lines": [ 8.548, 8.561818, 8.998333, 9.398151 ] }, { "date": "2024-04-12", "close": 8.49, "volume": 1679600, "typical_volume": 1908940.0, "trend": 9.804333, "fair_value": 8.919038, "relative_strength": -14.385373, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -44.540856, "energy": 30.429184, "activity_lines": [ 8.567333, 8.513091, 8.910429, 9.307183 ] }, { "date": "2024-04-19", "close": 8.06, "volume": 1526700, "typical_volume": 1896275.0, "trend": 9.704, "fair_value": 8.926538, "relative_strength": -18.513274, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -54.584703, "energy": 34.857471, "activity_lines": [ 8.424, 8.422182, 8.795905, 9.194645 ] }, { "date": "2024-04-26", "close": 7.35, "volume": 2994300, "typical_volume": 1942455.0, "trend": 9.577, "fair_value": 8.930385, "relative_strength": -26.117845, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -74.161315, "energy": 48.343151, "activity_lines": [ 8.051333, 8.224, 8.625, 9.042774 ] }, { "date": "2024-05-03", "close": 7.61, "volume": 2534700, "typical_volume": 1942815.0, "trend": 9.481667, "fair_value": 8.930385, "relative_strength": -23.295571, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.788963, "energy": 67.242622, "activity_lines": [ 7.835333, 8.098364, 8.492714, 8.915871 ] }, { "date": "2024-05-10", "close": 8.32, "volume": 2886700, "typical_volume": 1943035.0, "trend": 9.415333, "fair_value": 8.939615, "relative_strength": -17.388862, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -60.214766, "energy": 59.488242, "activity_lines": [ 7.913333, 8.110364, 8.438286, 8.840925 ] }, { "date": "2024-05-17", "close": 9.12, "volume": 2111800, "typical_volume": 1959690.0, "trend": 9.368, "fair_value": 8.95109, "relative_strength": -10.110495, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -33.77439, "energy": 26.882361, "activity_lines": [ 8.298, 8.277818, 8.469095, 8.821871 ] }, { "date": "2024-05-24", "close": 8.97, "volume": 1465700, "typical_volume": 1964855.0, "trend": 9.317667, "fair_value": 8.958462, "relative_strength": -11.00618, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -24.765406, "energy": 16.347372, "activity_lines": [ 8.590667, 8.401273, 8.487429, 8.796194 ] }, { "date": "2024-05-31", "close": 9.46, "volume": 1747000, "typical_volume": 1939600.0, "trend": 9.271333, "fair_value": 8.964551, "relative_strength": -5.907732, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 6.572615, "energy": 21.29512, "activity_lines": [ 8.986, 8.599273, 8.552714, 8.805376 ] }, { "date": "2024-06-07", "close": 8.13, "volume": 2111800, "typical_volume": 1935405.0, "trend": 9.178333, "fair_value": 8.961923, "relative_strength": -17.976333, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -20.696669, "energy": 21.530707, "activity_lines": [ 8.797333, 8.536182, 8.49519, 8.731742 ] }, { "date": "2024-06-14", "close": 8.25, "volume": 1699300, "typical_volume": 1953880.0, "trend": 9.067333, "fair_value": 8.965321, "relative_strength": -15.199303, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -21.319892, "energy": 13.378891, "activity_lines": [ 8.614, 8.501091, 8.457429, 8.671849 ] }, { "date": "2024-06-21", "close": 8.3, "volume": 1389400, "typical_volume": 1908325.0, "trend": 8.960667, "fair_value": 8.970064, "relative_strength": -14.270373, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -33.640151, "energy": 16.596252, "activity_lines": [ 8.452, 8.487273, 8.432, 8.622344 ] }, { "date": "2024-06-28", "close": 8.29, "volume": 1568800, "typical_volume": 1898590.0, "trend": 8.889667, "fair_value": 8.975064, "relative_strength": -15.523497, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -37.847728, "energy": 25.631323, "activity_lines": [ 8.341333, 8.475091, 8.415952, 8.579075 ] }, { "date": "2024-07-05", "close": 8.05, "volume": 861500, "typical_volume": 1859755.0, "trend": 8.816, "fair_value": 8.98359, "relative_strength": -18.545975, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -44.683685, "energy": 30.686212, "activity_lines": [ 8.196, 8.415091, 8.381667, 8.524903 ] }, { "date": "2024-07-12", "close": 8.98, "volume": 1555300, "typical_volume": 1860140.0, "trend": 8.79, "fair_value": 9.003462, "relative_strength": -11.559955, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -21.396395, "energy": 11.320468, "activity_lines": [ 8.454667, 8.511455, 8.439238, 8.535484 ] }, { "date": "2024-07-19", "close": 7.76, "volume": 1951800, "typical_volume": 1850100.0, "trend": 8.708, "fair_value": 9.012179, "relative_strength": -23.494154, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -58.943814, "energy": 28.147696, "activity_lines": [ 8.25, 8.361091, 8.376333, 8.469032 ] }, { "date": "2024-07-26", "close": 7.85, "volume": 1229200, "typical_volume": 1810720.0, "trend": 8.653, "fair_value": 9.020641, "relative_strength": -22.889841, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -56.087346, "energy": 32.90457, "activity_lines": [ 8.108, 8.237273, 8.327286, 8.413677 ] }, { "date": "2024-08-02", "close": 6.83, "volume": 2987400, "typical_volume": 1855440.0, "trend": 8.579667, "fair_value": 9.021987, "relative_strength": -30.856788, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -74.614109, "energy": 56.655208, "activity_lines": [ 7.656, 7.951091, 8.182762, 8.296065 ] }, { "date": "2024-08-09", "close": 6.07, "volume": 1739400, "typical_volume": 1864830.0, "trend": 8.439667, "fair_value": 9.02, "relative_strength": -38.322365, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -84.383788, "energy": 80.912431, "activity_lines": [ 7.048, 7.565636, 7.972238, 8.134151 ] }, { "date": "2024-08-16", "close": 6.36, "volume": 1168900, "typical_volume": 1857245.0, "trend": 8.322333, "fair_value": 9.02359, "relative_strength": -36.995894, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -73.212903, "energy": 81.70828, "activity_lines": [ 6.668667, 7.294545, 7.800429, 7.999978 ] }, { "date": "2024-08-23", "close": 6.61, "volume": 1650000, "typical_volume": 1842965.0, "trend": 8.214667, "fair_value": 9.024423, "relative_strength": -34.640715, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.077158, "energy": 79.77754, "activity_lines": [ 6.547333, 7.101091, 7.662476, 7.889505 ] }, { "date": "2024-08-30", "close": 6.55, "volume": 1793000, "typical_volume": 1848635.0, "trend": 8.084, "fair_value": 9.017179, "relative_strength": -34.826826, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.447531, "energy": 77.693378, "activity_lines": [ 6.482667, 6.926545, 7.52981, 7.782108 ] }, { "date": "2024-09-06", "close": 5.82, "volume": 1452200, "typical_volume": 1844910.0, "trend": 7.969333, "fair_value": 8.997885, "relative_strength": -39.998912, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -77.747687, "energy": 80.779612, "activity_lines": [ 6.261333, 6.651091, 7.336857, 7.636043 ] }, { "date": "2024-09-13", "close": 6.44, "volume": 2839400, "typical_volume": 1837165.0, "trend": 7.892667, "fair_value": 8.979295, "relative_strength": -35.009961, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.956083, "energy": 51.937942, "activity_lines": [ 6.314, 6.533273, 7.213619, 7.537376 ] }, { "date": "2024-09-20", "close": 7.21, "volume": 3433100, "typical_volume": 1882085.0, "trend": 7.863667, "fair_value": 8.974295, "relative_strength": -27.293444, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -46.56168, "energy": 37.290913, "activity_lines": [ 6.598667, 6.584727, 7.168048, 7.493333 ] }, { "date": "2024-09-27", "close": 7.48, "volume": 2452400, "typical_volume": 1860370.0, "trend": 7.817333, "fair_value": 8.966731, "relative_strength": -23.940889, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -37.989273, "energy": 25.909591, "activity_lines": [ 6.916667, 6.717455, 7.150095, 7.468581 ] }, { "date": "2024-10-04", "close": 7.71, "volume": 1907500, "typical_volume": 1850155.0, "trend": 7.801, "fair_value": 8.965513, "relative_strength": -21.44282, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -19.711727, "energy": 20.686369, "activity_lines": [ 7.253333, 6.897091, 7.158048, 7.461656 ] }, { "date": "2024-10-11", "close": 7.59, "volume": 1820600, "typical_volume": 1867900.0, "trend": 7.781667, "fair_value": 8.951987, "relative_strength": -22.837982, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -15.271947, "energy": 23.277056, "activity_lines": [ 7.472667, 7.057455, 7.161286, 7.448043 ] }, { "date": "2024-10-18", "close": 9.43, "volume": 3740100, "typical_volume": 1967555.0, "trend": 7.816, "fair_value": 8.945192, "relative_strength": -4.707002, "stage": 1, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "mixed", "direction": 46.910684, "energy": 43.967594, "activity_lines": [ 8.187333, 7.538545, 7.346333, 7.554387 ] }, { "date": "2024-10-25", "close": 8.56, "volume": 2156500, "typical_volume": 1969790.0, "trend": 7.819, "fair_value": 8.9375, "relative_strength": -11.334296, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 29.041845, "energy": 43.093507, "activity_lines": [ 8.412667, 7.800364, 7.448667, 7.602387 ] }, { "date": "2024-11-01", "close": 7.78, "volume": 2215300, "typical_volume": 1995590.0, "trend": 7.781, "fair_value": 8.905449, "relative_strength": -17.813649, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 23.611997, "energy": 40.430262, "activity_lines": [ 8.288, 7.880364, 7.474667, 7.599871 ] }, { "date": "2024-11-08", "close": 8.8, "volume": 2643100, "typical_volume": 2058275.0, "trend": 7.791333, "fair_value": 8.873462, "relative_strength": -8.024431, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 32.161819, "energy": 49.006741, "activity_lines": [ 8.483333, 8.124545, 7.600048, 7.665613 ] }, { "date": "2024-11-15", "close": 9.33, "volume": 3118400, "typical_volume": 2135755.0, "trend": 7.833667, "fair_value": 8.858782, "relative_strength": -2.028581, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 44.211422, "energy": 36.977259, "activity_lines": [ 8.782667, 8.424182, 7.773524, 7.764882 ] }, { "date": "2024-11-22", "close": 9.74, "volume": 2899100, "typical_volume": 2237635.0, "trend": 7.913333, "fair_value": 8.848846, "relative_strength": 1.012312, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 47.004428, "energy": 42.426406, "activity_lines": [ 9.102667, 8.734545, 7.981095, 7.887871 ] }, { "date": "2024-11-29", "close": 10.19, "volume": 2371100, "typical_volume": 2278425.0, "trend": 7.999333, "fair_value": 8.848333, "relative_strength": 5.440027, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 76.409477, "energy": 71.996971, "activity_lines": [ 9.552, 9.066727, 8.223476, 8.034753 ] }, { "date": "2024-12-06", "close": 9.47, "volume": 2250700, "typical_volume": 2293370.0, "trend": 8.037667, "fair_value": 8.844423, "relative_strength": -1.493249, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 62.078432, "energy": 65.759987, "activity_lines": [ 9.652667, 9.213818, 8.391524, 8.129634 ] }, { "date": "2024-12-13", "close": 8.51, "volume": 2287500, "typical_volume": 2346285.0, "trend": 8.017333, "fair_value": 8.839167, "relative_strength": -9.370798, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 58.708694, "energy": 45.673097, "activity_lines": [ 9.320667, 9.150182, 8.46, 8.160108 ] }, { "date": "2024-12-20", "close": 7.63, "volume": 2414900, "typical_volume": 2317660.0, "trend": 7.972667, "fair_value": 8.821218, "relative_strength": -15.7316, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 28.431358, "energy": 19.148975, "activity_lines": [ 8.714667, 8.912, 8.441524, 8.135118 ] }, { "date": "2024-12-27", "close": 7.51, "volume": 930300, "typical_volume": 2277205.0, "trend": 7.907667, "fair_value": 8.807436, "relative_strength": -17.063782, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 12.925097, "energy": 18.393643, "activity_lines": [ 8.182, 8.651273, 8.40781, 8.105269 ] }, { "date": "2025-01-03", "close": 8.28, "volume": 1560300, "typical_volume": 2296775.0, "trend": 7.912667, "fair_value": 8.792821, "relative_strength": -9.087084, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 19.828967, "energy": 23.809936, "activity_lines": [ 8.054667, 8.565455, 8.440571, 8.12929 ] }, { "date": "2025-01-10", "close": 7.65, "volume": 1285300, "typical_volume": 2278540.0, "trend": 7.892667, "fair_value": 8.784487, "relative_strength": -14.147302, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -16.566209, "energy": 23.249361, "activity_lines": [ 7.844667, 8.370182, 8.40419, 8.112344 ] }, { "date": "2025-01-17", "close": 7.52, "volume": 1705500, "typical_volume": 2274165.0, "trend": 7.866667, "fair_value": 8.782372, "relative_strength": -15.840458, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -20.075266, "energy": 24.394282, "activity_lines": [ 7.712667, 8.153636, 8.350476, 8.088301 ] }, { "date": "2025-01-24", "close": 8.2, "volume": 1755300, "typical_volume": 2289320.0, "trend": 7.863667, "fair_value": 8.787436, "relative_strength": -8.96738, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 5.344618, "energy": 12.357234, "activity_lines": [ 7.873333, 8.084, 8.356905, 8.109806 ] }, { "date": "2025-01-31", "close": 7.67, "volume": 4760400, "typical_volume": 2385370.0, "trend": 7.851, "fair_value": 8.784295, "relative_strength": -14.150953, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -17.675099, "energy": 18.730339, "activity_lines": [ 7.819333, 7.938545, 8.301524, 8.097312 ] }, { "date": "2025-02-07", "close": 7.4, "volume": 2617300, "typical_volume": 2344580.0, "trend": 7.798333, "fair_value": 8.775962, "relative_strength": -16.188899, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -22.453753, "energy": 24.464038, "activity_lines": [ 7.664667, 7.781636, 8.214571, 8.068215 ] }, { "date": "2025-02-14", "close": 6.81, "volume": 2537000, "typical_volume": 2348810.0, "trend": 7.766667, "fair_value": 8.768654, "relative_strength": -22.373872, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -34.420656, "energy": 35.671161, "activity_lines": [ 7.372, 7.568182, 8.070524, 8.004452 ] }, { "date": "2025-02-21", "close": 6.58, "volume": 2293300, "typical_volume": 2368100.0, "trend": 7.724333, "fair_value": 8.749615, "relative_strength": -23.498507, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -46.105537, "energy": 56.284442, "activity_lines": [ 7.058667, 7.361273, 7.907762, 7.927892 ] }, { "date": "2025-02-28", "close": 5.93, "volume": 3601900, "typical_volume": 2457165.0, "trend": 7.694333, "fair_value": 8.721218, "relative_strength": -31.034578, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -53.174918, "energy": 69.107826, "activity_lines": [ 6.591333, 7.071273, 7.688476, 7.812129 ] }, { "date": "2025-03-07", "close": 5.84, "volume": 3474700, "typical_volume": 2443895.0, "trend": 7.686667, "fair_value": 8.680449, "relative_strength": -29.776409, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -50.931985, "energy": 73.474443, "activity_lines": [ 6.245333, 6.795818, 7.468524, 7.692495 ] }, { "date": "2025-03-14", "close": 5.91, "volume": 2770800, "typical_volume": 2474610.0, "trend": 7.671667, "fair_value": 8.639936, "relative_strength": -27.7894, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -71.54296, "energy": 82.811635, "activity_lines": [ 6.044667, 6.563455, 7.272333, 7.577871 ] }, { "date": "2025-03-21", "close": 6.22, "volume": 3274900, "typical_volume": 2527590.0, "trend": 7.658667, "fair_value": 8.602756, "relative_strength": -24.68737, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.945791, "energy": 79.32625, "activity_lines": [ 6.046667, 6.430545, 7.118286, 7.484215 ] }, { "date": "2025-03-28", "close": 5.37, "volume": 2444700, "typical_volume": 2517670.0, "trend": 7.619333, "fair_value": 8.562372, "relative_strength": -33.793718, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -77.560475, "energy": 79.314776, "activity_lines": [ 5.804667, 6.169091, 6.890714, 7.336559 ] }, { "date": "2025-04-04", "close": 4.89, "volume": 3219600, "typical_volume": 2522730.0, "trend": 7.588333, "fair_value": 8.515192, "relative_strength": -34.91661, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -82.160812, "energy": 82.281371, "activity_lines": [ 5.483333, 5.859455, 6.633762, 7.160473 ] }, { "date": "2025-04-11", "close": 5.7, "volume": 2781000, "typical_volume": 2516825.0, "trend": 7.563667, "fair_value": 8.465, "relative_strength": -24.751811, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.8636, "energy": 61.043549, "activity_lines": [ 5.501333, 5.757273, 6.475095, 7.038645 ] }, { "date": "2025-04-18", "close": 6.83, "volume": 3273800, "typical_volume": 2561960.0, "trend": 7.551, "fair_value": 8.442115, "relative_strength": -11.627092, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -49.659393, "energy": 42.92599, "activity_lines": [ 5.905333, 5.896364, 6.443286, 6.991312 ] }, { "date": "2025-04-25", "close": 6.27, "volume": 3110600, "typical_volume": 2604955.0, "trend": 7.510667, "fair_value": 8.420256, "relative_strength": -20.18423, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -43.869413, "energy": 33.10669, "activity_lines": [ 6.061333, 5.944, 6.374143, 6.908667 ] }, { "date": "2025-05-02", "close": 6.37, "volume": 2328800, "typical_volume": 2607020.0, "trend": 7.466, "fair_value": 8.404167, "relative_strength": -19.501866, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -36.794214, "energy": 24.125379, "activity_lines": [ 6.247333, 6.019636, 6.329762, 6.835075 ] }, { "date": "2025-05-09", "close": 6.64, "volume": 3594900, "typical_volume": 2666020.0, "trend": 7.434333, "fair_value": 8.398077, "relative_strength": -16.605698, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -29.563858, "energy": 25.321096, "activity_lines": [ 6.456667, 6.148182, 6.321286, 6.781785 ] }, { "date": "2025-05-16", "close": 6.08, "volume": 1984400, "typical_volume": 2718725.0, "trend": 7.322667, "fair_value": 8.387308, "relative_strength": -24.651707, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -34.293056, "energy": 20.033078, "activity_lines": [ 6.362667, 6.162, 6.26419, 6.694409 ] }, { "date": "2025-05-23", "close": 7.38, "volume": 2872300, "typical_volume": 2784325.0, "trend": 7.283333, "fair_value": 8.380449, "relative_strength": -7.548447, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": 2.436076, "energy": 11.391691, "activity_lines": [ 6.676667, 6.407818, 6.337714, 6.698108 ] }, { "date": "2025-05-30", "close": 6.72, "volume": 4289300, "typical_volume": 2934525.0, "trend": 7.248, "fair_value": 8.370513, "relative_strength": -15.884127, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -12.590365, "energy": 14.723966, "activity_lines": [ 6.734, 6.506909, 6.352667, 6.661763 ] }, { "date": "2025-06-06", "close": 7.48, "volume": 4117400, "typical_volume": 3055120.0, "trend": 7.204, "fair_value": 8.366667, "relative_strength": -6.763248, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 4.228694, "energy": 15.431006, "activity_lines": [ 7.014667, 6.735091, 6.444429, 6.676731 ] }, { "date": "2025-06-13", "close": 7.65, "volume": 4971700, "typical_volume": 3215940.0, "trend": 7.148, "fair_value": 8.371923, "relative_strength": -4.353901, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 25.975515, "energy": 32.735363, "activity_lines": [ 7.278, 6.955818, 6.552571, 6.705505 ] }, { "date": "2025-06-20", "close": 7.44, "volume": 5793900, "typical_volume": 3267615.0, "trend": 7.071333, "fair_value": 8.3725, "relative_strength": -6.333133, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 18.971267, "energy": 37.046744, "activity_lines": [ 7.404, 7.088182, 6.643333, 6.724344 ] }, { "date": "2025-06-27", "close": 7.58, "volume": 5327900, "typical_volume": 3403145.0, "trend": 6.984333, "fair_value": 8.380449, "relative_strength": -4.685898, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 24.110727, "energy": 39.434656, "activity_lines": [ 7.486, 7.214364, 6.748524, 6.757161 ] }, { "date": "2025-07-04", "close": 8.24, "volume": 3887900, "typical_volume": 3470690.0, "trend": 6.943333, "fair_value": 8.388141, "relative_strength": 2.639288, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 42.367228, "energy": 47.308292, "activity_lines": [ 7.774667, 7.446909, 6.915714, 6.838172 ] }, { "date": "2025-07-11", "close": 9.04, "volume": 6652500, "typical_volume": 3688650.0, "trend": 6.961, "fair_value": 8.400769, "relative_strength": 13.170496, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 79.106809, "energy": 68.087652, "activity_lines": [ 8.228667, 7.789091, 7.152286, 6.973441 ] }, { "date": "2025-07-18", "close": 12.82, "volume": 12920900, "typical_volume": 4154600.0, "trend": 7.134, "fair_value": 8.438718, "relative_strength": 57.478846, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 96.299242, "energy": 92.325583, "activity_lines": [ 9.838667, 8.77, 7.737143, 7.351441 ] }, { "date": "2025-07-25", "close": 13.7, "volume": 9241500, "typical_volume": 4442940.0, "trend": 7.340333, "fair_value": 8.471474, "relative_strength": 65.537326, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 95.705847, "energy": 97.646632, "activity_lines": [ 11.397333, 9.798545, 8.373, 7.775054 ] }, { "date": "2025-08-01", "close": 12.24, "volume": 8718700, "typical_volume": 4740335.0, "trend": 7.472333, "fair_value": 8.491987, "relative_strength": 49.102505, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 72.367832, "energy": 89.531181, "activity_lines": [ 12.052, 10.423091, 8.832381, 8.091161 ] }, { "date": "2025-08-08", "close": 13.13, "volume": 7118600, "typical_volume": 4932520.0, "trend": 7.655, "fair_value": 8.51891, "relative_strength": 53.734643, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 75.725656, "energy": 90.68216, "activity_lines": [ 12.692667, 11.121091, 9.346381, 8.456172 ] }, { "date": "2025-08-15", "close": 13.53, "volume": 6874200, "typical_volume": 5153995.0, "trend": 7.855333, "fair_value": 8.556474, "relative_strength": 55.552866, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 74.627131, "energy": 87.264919, "activity_lines": [ 13.140667, 11.775273, 9.865571, 8.835204 ] }, { "date": "2025-08-22", "close": 14.63, "volume": 11808100, "typical_volume": 5583420.0, "trend": 8.069667, "fair_value": 8.591474, "relative_strength": 63.318285, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 80.572365, "energy": 70.438367, "activity_lines": [ 13.656, 12.519455, 10.450667, 9.27228 ] }, { "date": "2025-08-29", "close": 15.87, "volume": 11880000, "typical_volume": 6038370.0, "trend": 8.343, "fair_value": 8.632244, "relative_strength": 72.834299, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 83.610856, "energy": 71.391212, "activity_lines": [ 14.464, 13.362182, 11.107476, 9.775527 ] }, { "date": "2025-09-05", "close": 16.0, "volume": 4268300, "typical_volume": 6088095.0, "trend": 8.629667, "fair_value": 8.670641, "relative_strength": 68.360201, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 78.105383, "energy": 69.719449, "activity_lines": [ 15.170667, 14.075273, 11.728238, 10.269527 ] }, { "date": "2025-09-12", "close": 16.540001, "volume": 7090400, "typical_volume": 6287085.0, "trend": 8.954, "fair_value": 8.721218, "relative_strength": 69.746865, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 76.278856, "energy": 68.84747, "activity_lines": [ 15.806667, 14.733455, 12.356762, 10.779871 ] }, { "date": "2025-09-19", "close": 20.620001, "volume": 12656400, "typical_volume": 6803465.0, "trend": 9.422, "fair_value": 8.804936, "relative_strength": 103.578505, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 91.641001, "energy": 78.114882, "activity_lines": [ 17.575334, 15.982546, 13.324953, 11.532516 ] }, { "date": "2025-09-26", "close": 23.23, "volume": 9881400, "typical_volume": 7117790.0, "trend": 9.998667, "fair_value": 8.899808, "relative_strength": 123.485989, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 91.510487, "energy": 84.420286, "activity_lines": [ 19.741334, 17.495637, 14.473857, 12.423355 ] }, { "date": "2025-10-03", "close": 23.08, "volume": 7545100, "typical_volume": 7395825.0, "trend": 10.573333, "fair_value": 8.988397, "relative_strength": 111.75547, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 81.936459, "energy": 77.287094, "activity_lines": [ 21.284, 18.792182, 15.529476, 13.267312 ] }, { "date": "2025-10-10", "close": 28.370001, "volume": 15864700, "typical_volume": 8045445.0, "trend": 11.322, "fair_value": 9.11641, "relative_strength": 156.862051, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 91.40272, "energy": 88.728326, "activity_lines": [ 24.109334, 20.88, 17.007953, 14.415484 ] }, { "date": "2025-10-17", "close": 29.49, "volume": 16390300, "typical_volume": 8650495.0, "trend": 12.097667, "fair_value": 9.244231, "relative_strength": 156.718233, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 84.888714, "energy": 79.262136, "activity_lines": [ 26.483334, 22.878182, 18.493143, 15.587613 ] }, { "date": "2025-10-24", "close": 29.889999, "volume": 12725100, "typical_volume": 9080880.0, "trend": 12.915, "fair_value": 9.372244, "relative_strength": 150.100665, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 78.150922, "energy": 70.746971, "activity_lines": [ 28.127333, 24.651636, 19.908, 16.735505 ] }, { "date": "2025-10-31", "close": 28.799999, "volume": 10376400, "typical_volume": 9351115.0, "trend": 13.712, "fair_value": 9.497244, "relative_strength": 134.489636, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.6936, "energy": 66.989144, "activity_lines": [ 28.79, 25.929454, 21.112333, 17.760344 ] }, { "date": "2025-11-07", "close": 21.98, "volume": 9839800, "typical_volume": 9553410.0, "trend": 14.254667, "fair_value": 9.572628, "relative_strength": 77.849159, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.228883, "energy": 55.028864, "activity_lines": [ 26.808, 25.709636, 21.566429, 18.293763 ] }, { "date": "2025-11-14", "close": 21.799999, "volume": 6803700, "typical_volume": 9627200.0, "trend": 14.753667, "fair_value": 9.651987, "relative_strength": 71.241101, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 48.462205, "energy": 37.588747, "activity_lines": [ 24.839333, 25.346, 21.934143, 18.780559 ] }, { "date": "2025-11-21", "close": 18.02, "volume": 8113700, "typical_volume": 9838490.0, "trend": 15.145333, "fair_value": 9.708846, "relative_strength": 40.940926, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 31.7125, "energy": 22.479317, "activity_lines": [ 22.048666, 24.189636, 21.874143, 18.99129 ] }, { "date": "2025-11-28", "close": 20.23, "volume": 4145400, "typical_volume": 9713135.0, "trend": 15.607333, "fair_value": 9.780256, "relative_strength": 50.377356, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 27.843296, "energy": 26.857358, "activity_lines": [ 20.759333, 23.408182, 21.978048, 19.319333 ] }, { "date": "2025-12-05", "close": 21.57, "volume": 4714700, "typical_volume": 9302825.0, "trend": 16.105, "fair_value": 9.867115, "relative_strength": 58.427341, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 25.151321, "energy": 22.812809, "activity_lines": [ 20.560667, 22.877454, 22.156286, 19.704021 ] }, { "date": "2025-12-12", "close": 20.08, "volume": 4032600, "typical_volume": 9042380.0, "trend": 16.571667, "fair_value": 9.943526, "relative_strength": 44.55395, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 13.263832, "energy": 16.323371, "activity_lines": [ 20.347333, 22.106, 22.150952, 19.960473 ] }, { "date": "2025-12-19", "close": 20.82, "volume": 7859400, "typical_volume": 8999415.0, "trend": 17.019667, "fair_value": 10.023333, "relative_strength": 46.592785, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 14.281501, "energy": 11.764042, "activity_lines": [ 20.507333, 21.523636, 22.185714, 20.234559 ] }, { "date": "2025-12-26", "close": 20.66, "volume": 2396400, "typical_volume": 8763305.0, "trend": 17.484333, "fair_value": 10.102051, "relative_strength": 42.26038, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 14.302649, "energy": 9.532535, "activity_lines": [ 20.679333, 21.049454, 22.164381, 20.469419 ] }, { "date": "2026-01-02", "close": 22.940001, "volume": 4393700, "typical_volume": 8639280.0, "trend": 17.999667, "fair_value": 10.193846, "relative_strength": 55.964077, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 30.574978, "energy": 13.953649, "activity_lines": [ 21.435334, 21.150364, 22.324333, 20.821398 ] }, { "date": "2026-01-09", "close": 25.25, "volume": 6461900, "typical_volume": 8371970.0, "trend": 18.586333, "fair_value": 10.295769, "relative_strength": 64.63548, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 45.519023, "energy": 24.754435, "activity_lines": [ 22.780667, 21.797636, 22.659476, 21.289161 ] }, { "date": "2026-01-16", "close": 30.58, "volume": 6607900, "typical_volume": 8108365.0, "trend": 19.357667, "fair_value": 10.432244, "relative_strength": 91.8984, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 75.277763, "energy": 63.388299, "activity_lines": [ 25.657334, 23.478546, 23.451667, 22.062946 ] }, { "date": "2026-01-23", "close": 34.880001, "volume": 7454500, "typical_volume": 8267675.0, "trend": 20.267667, "fair_value": 10.591731, "relative_strength": 112.018256, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 85.403801, "energy": 82.68738, "activity_lines": [ 29.267334, 25.784909, 24.583333, 23.064387 ] }, { "date": "2026-01-30", "close": 30.450001, "volume": 11202400, "typical_volume": 8473275.0, "trend": 21.008, "fair_value": 10.723526, "relative_strength": 87.427445, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.429643, "energy": 76.467447, "activity_lines": [ 30.463334, 27.048, 25.203191, 23.721312 ] }, { "date": "2026-02-06", "close": 29.0, "volume": 8824500, "typical_volume": 8281680.0, "trend": 21.673333, "fair_value": 10.846218, "relative_strength": 71.587561, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.442586, "energy": 75.70383, "activity_lines": [ 30.523334, 27.821455, 25.618714, 24.236925 ] }, { "date": "2026-02-13", "close": 28.25, "volume": 4645500, "typical_volume": 8019885.0, "trend": 22.187667, "fair_value": 10.966346, "relative_strength": 60.620941, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 59.772524, "energy": 61.412586, "activity_lines": [ 29.929334, 28.299091, 25.922905, 24.661226 ] }, { "date": "2026-02-20", "close": 29.290001, "volume": 3421700, "typical_volume": 7813715.0, "trend": 22.707333, "fair_value": 11.096987, "relative_strength": 59.387192, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 54.464649, "energy": 38.45147, "activity_lines": [ 29.482001, 28.844364, 26.302238, 25.119441 ] }, { "date": "2026-02-27", "close": 29.129999, "volume": 4880100, "typical_volume": 7264485.0, "trend": 23.270333, "fair_value": 11.225641, "relative_strength": 52.780729, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 40.921173, "energy": 27.458035, "activity_lines": [ 29.067333, 29.193091, 26.636762, 25.533807 ] }, { "date": "2026-03-06", "close": 25.9, "volume": 6024300, "typical_volume": 6746185.0, "trend": 23.696, "fair_value": 11.342821, "relative_strength": 38.376778, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 34.954992, "energy": 19.18525, "activity_lines": [ 27.959333, 28.803455, 26.660048, 25.703462 ] }, { "date": "2026-03-13", "close": 25.620001, "volume": 3791800, "typical_volume": 6299520.0, "trend": 24.099, "fair_value": 11.45968, "relative_strength": 36.621403, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 28.825467, "energy": 15.828724, "activity_lines": [ 27.061334, 28.267637, 26.673762, 25.827592 ] }, { "date": "2026-03-20", "close": 23.09, "volume": 7638500, "typical_volume": 6162625.0, "trend": 24.381, "fair_value": 11.56391, "relative_strength": 25.893276, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 11.01772, "energy": 13.519399, "activity_lines": [ 25.545334, 27.223091, 26.466857, 25.762495 ] }, { "date": "2026-03-27", "close": 24.42, "volume": 3914300, "typical_volume": 5866350.0, "trend": 24.666, "fair_value": 11.672115, "relative_strength": 28.162154, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 15.163104, "energy": 17.426177, "activity_lines": [ 24.816667, 26.459637, 26.41381, 25.765011 ] }, { "date": "2026-04-03", "close": 24.700001, "volume": 3346400, "typical_volume": 5693485.0, "trend": 24.956, "fair_value": 11.786282, "relative_strength": 23.014998, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -11.205008, "energy": 15.865778, "activity_lines": [ 24.506, 25.859091, 26.37581, 25.767205 ] }, { "date": "2026-04-10", "close": 25.459999, "volume": 2629900, "typical_volume": 5419295.0, "trend": 25.253333, "fair_value": 11.903462, "relative_strength": 22.59104, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -10.690197, "energy": 13.878013, "activity_lines": [ 24.744, 25.581818, 26.396381, 25.799721 ] }, { "date": "2026-04-17", "close": 28.040001, "volume": 4994700, "typical_volume": 5461760.0, "trend": 25.500667, "fair_value": 12.039423, "relative_strength": 30.285716, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 28.834178, "energy": 12.332535, "activity_lines": [ 25.871334, 25.864364, 26.627238, 25.979506 ] }, { "date": "2026-04-24", "close": 27.77, "volume": 6370000, "typical_volume": 5544525.0, "trend": 25.652, "fair_value": 12.168077, "relative_strength": 28.484857, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 33.236748, "energy": 16.315872, "activity_lines": [ 26.747334, 26.115273, 26.795191, 26.125914 ] }, { "date": "2026-05-01", "close": 29.49, "volume": 4294400, "typical_volume": 5557615.0, "trend": 25.865667, "fair_value": 12.30609, "relative_strength": 34.006018, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 44.241584, "energy": 27.105456, "activity_lines": [ 27.884667, 26.687637, 27.097429, 26.373527 ] }, { "date": "2026-05-08", "close": 29.27, "volume": 5552400, "typical_volume": 5442265.0, "trend": 25.895667, "fair_value": 12.440833, "relative_strength": 29.979586, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 44.766603, "energy": 35.924693, "activity_lines": [ 28.610667, 27.216364, 27.333905, 26.593161 ] }, { "date": "2026-05-15", "close": 25.370001, "volume": 4578200, "typical_volume": 5551355.0, "trend": 25.758333, "fair_value": 12.551667, "relative_strength": 11.796656, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 30.082644, "energy": 23.636471, "activity_lines": [ 27.732, 27.033455, 27.158715, 26.559248 ] }, { "date": "2026-05-22", "close": 24.950001, "volume": 3345700, "typical_volume": 5498955.0, "trend": 25.593667, "fair_value": 12.659936, "relative_strength": 6.570734, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 13.805017, "energy": 7.473935, "activity_lines": [ 26.719334, 26.783819, 26.921096, 26.507097 ] }, { "date": "2026-05-29", "close": 25.120001, "volume": 2901700, "typical_volume": 5320945.0, "trend": 25.471, "fair_value": 12.765833, "relative_strength": 4.993521, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 10.285546, "energy": 8.946231, "activity_lines": [ 25.969334, 26.577273, 26.690096, 26.476538 ] }, { "date": "2026-06-05", "close": 20.790001, "volume": 1322000, "typical_volume": 5056650.0, "trend": 25.431334, "fair_value": 12.844808, "relative_strength": -12.98741, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -39.22853, "energy": 34.41563, "activity_lines": [ 23.952668, 25.546546, 26.047334, 26.174538 ] }, { "date": "2026-06-12", "close": 21.049999, "volume": 510800, "typical_volume": 4709465.0, "trend": 25.406334, "fair_value": 12.925577, "relative_strength": -13.969493, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -38.907503, "energy": 53.131308, "activity_lines": [ 22.602667, 24.629091, 25.475953, 25.891871 ] }, { "date": "2026-06-19", "close": 23.42, "volume": 1155500, "typical_volume": 4207120.0, "trend": 25.586334, "fair_value": 13.025, "relative_strength": -5.378858, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -31.35528, "energy": 51.712518, "activity_lines": [ 22.590667, 24.208909, 25.196143, 25.763721 ] }, { "date": "2026-06-26", "close": 20.469999, "volume": 591700, "typical_volume": 3795480.0, "trend": 25.594334, "fair_value": 13.103462, "relative_strength": -17.994772, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -68.182678, "energy": 68.055174, "activity_lines": [ 21.725333, 23.289455, 24.668857, 25.433635 ] }, { "date": "2026-07-03", "close": 19.870001, "volume": 201200, "typical_volume": 3573265.0, "trend": 25.537667, "fair_value": 13.180641, "relative_strength": -21.549916, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -68.68551, "energy": 67.975213, "activity_lines": [ 20.958667, 22.398546, 24.125048, 25.064323 ] }, { "date": "2026-07-10", "close": 19.23, "volume": 2545600, "typical_volume": 3529460.0, "trend": 25.509334, "fair_value": 13.251154, "relative_strength": -24.625386, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -69.156734, "energy": 65.205764, "activity_lines": [ 20.328667, 21.534909, 23.560191, 24.657377 ] }, { "date": "2026-07-17", "close": 16.120001, "volume": 2719700, "typical_volume": 3421440.0, "trend": 25.352667, "fair_value": 13.30391, "relative_strength": -36.720671, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -81.718725, "energy": 80.860178, "activity_lines": [ 18.766, 20.292364, 22.747048, 24.051613 ] }, { "date": "2026-07-24", "close": 15.94, "volume": 2800900, "typical_volume": 3260270.0, "trend": 25.195334, "fair_value": 13.355321, "relative_strength": -37.53422, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -77.103228, "energy": 83.8609, "activity_lines": [ 17.472, 19.256182, 21.978715, 23.444344 ] }, { "date": "2026-07-31", "close": 16.059999, "volume": 4213300, "typical_volume": 3281345.0, "trend": 24.966, "fair_value": 13.406218, "relative_strength": -36.813398, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -72.675219, "energy": 83.02381, "activity_lines": [ 16.716667, 18.413273, 21.269238, 22.854968 ] }, { "date": "2026-08-07", "close": 19.690001, "volume": 4566000, "typical_volume": 3127720.0, "trend": 24.780667, "fair_value": 13.474359, "relative_strength": -25.127215, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.406031, "energy": 74.03869, "activity_lines": [ 17.465334, 18.392, 20.951, 22.514581 ] } ], "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." } } }