{ "ticker": { "uuid": "2ef68297-2754-450e-a889-ef6db14e3bcc", "symbol": "PFCO", "name": "PICTON Credit Opportunities Alternative Fund ETF", "exchange": "TOR", "country": "CA", "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": "^GSPTSE", "stage": 3, "stage_name": "Distribution", "phase": "3a", "phase_label": "Stage 3A \u00b7 Churning", "transition": "stage_3_churning", "transition_label": "Stage 3 range intact", "confidence": 56.71, "architecture_regime": "balance", "architecture_regime_label": "Balance", "architecture_modifier": "Balance after decline", "architecture_gate": "down", "architecture_direction": -21.887, "architecture_energy": 11.848, "architecture_maturity": 22.748, "architecture_confidence": 68.374, "architecture_tenure": "New", "architecture": { "interpretation": { "headline": "Directional pressure has compressed into balance.", "body": "Trend and Activity are compressed into balance, so neither side has durable control. Prior structure and the next directional change provide context; balance alone is not assumed to be a base." }, "scores": { "balance": 62.62, "rotation_up": 24.07, "upward_expansion": 22.75, "deceleration": 52.18, "rotation_down": 27.53, "downward_expansion": 49.42 }, "activity_lines": [ 9.242596, 9.238648, 9.238315, 9.25023 ], "activity_state": "Compressed", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": -0.333333 }, "latest_close": 9.25, "trend_reference": 9.278713, "distance_from_trend": -0.003095, "trend_direction": "Weakening", "fair_value": 8.77994, "distance_from_fair_value": 0.053538, "fair_value_direction": "Weakening", "relative_strength": -11.741524, "relative_strength_direction": "Improving", "price_momentum": -0.018593, "excess_performance": -0.139014, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.003095, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.002993, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.053538, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.008809, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.117415, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.003422, "read": "Improving" }, { "label": "Price momentum", "positive": false, "value": -0.018593, "read": "Negative" }, { "label": "Volume balance", "positive": true, "value": 3.847826, "read": "Demand-led" } ], "volume": { "latest": 4300, "relative_activity": 0.836576, "balance": 3.847826, "dry_up": 1.580739, "accumulation_observations": 3, "distribution_observations": 1 }, "risk": { "range_context": 0.004008, "annualized_volatility": 0.020414, "from_high_reference": -0.023667, "from_low_reference": 0.008609 }, "levels": { "trend_reference": 9.278713, "fair_value_reference": 8.77994, "structural_low": 9.173368, "invalidation": "A decisive breakout above range resistance with renewed RS leadership invalidates the distribution reading; a range-low break confirms deterioration." }, "outcomes": [ { "horizon": "Near term", "sample_count": 2, "median_return": 0.009645, "positive_rate": 1.0, "directional_follow_through": 1.0, "median_excess_return": 0.000969, "regime_survival": 0.5, "best_return": 0.016841, "worst_return": 0.002448, "sufficient": false }, { "horizon": "Intermediate", "sample_count": 1, "median_return": 0.017623, "positive_rate": 1.0, "directional_follow_through": 1.0, "median_excess_return": 0.008444, "regime_survival": 0.0, "best_return": 0.017623, "worst_return": 0.017623, "sufficient": false }, { "horizon": "Extended", "sample_count": 1, "median_return": 0.033819, "positive_rate": 1.0, "directional_follow_through": 1.0, "median_excess_return": 0.01173, "regime_survival": 0.0, "best_return": 0.033819, "worst_return": 0.033819, "sufficient": false }, { "horizon": "Full cycle", "sample_count": 1, "median_return": 0.086914, "positive_rate": 1.0, "directional_follow_through": 1.0, "median_excess_return": -0.019405, "regime_survival": 0.0, "best_return": 0.086914, "worst_return": 0.086914, "sufficient": false } ], "ledger": [ { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2023-01-27", "end": "2023-03-24", "tenure": "Developing", "return": 0.002634, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2023-03-31", "end": "2023-04-21", "tenure": "New", "return": 0.033315, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2023-04-28", "end": "2023-06-02", "tenure": "Developing", "return": -0.0039, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2023-06-09", "end": "2023-07-14", "tenure": "Developing", "return": 0.015934, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2023-07-21", "end": "2023-09-15", "tenure": "Developing", "return": 0.005003, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2023-09-22", "end": "2023-12-01", "tenure": "Developing", "return": 0.013881, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2023-12-08", "end": "2025-11-14", "tenure": "Extended", "return": 0.16166, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-11-21", "end": "2026-01-02", "tenure": "Developing", "return": 0.006221, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-01-09", "end": "2026-02-27", "tenure": "Developing", "return": -0.005171, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-03-06", "end": "2026-03-20", "tenure": "New", "return": -0.00528, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2026-03-27", "end": "2026-04-03", "tenure": "New", "return": -0.001066, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-04-10", "end": "2026-07-31", "tenure": "Established", "return": -0.004419, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-08-07", "end": "2026-08-07", "tenure": "New", "return": 0.0, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 7.896719, "volume": 2600, "typical_volume": 5290.0, "trend": 7.775491, "fair_value": 7.649554, "relative_strength": 3.320563, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 61.823132, "energy": 65.167379, "activity_lines": [ 7.897885, 7.869872, 7.827049, 7.803189 ] }, { "date": "2023-08-25", "close": 7.909864, "volume": 5700, "typical_volume": 5480.0, "trend": 7.78386, "fair_value": 7.651921, "relative_strength": 3.331981, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 63.803829, "energy": 64.238878, "activity_lines": [ 7.904599, 7.881968, 7.837082, 7.811858 ] }, { "date": "2023-09-01", "close": 7.848338, "volume": 4900, "typical_volume": 5380.0, "trend": 7.787614, "fair_value": 7.65369, "relative_strength": -0.941789, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 56.68668, "energy": 38.754468, "activity_lines": [ 7.886429, 7.880231, 7.840689, 7.816018 ] }, { "date": "2023-09-08", "close": 7.883493, "volume": 4200, "typical_volume": 5455.0, "trend": 7.793109, "fair_value": 7.655742, "relative_strength": 1.800514, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 44.755654, "energy": 31.156047, "activity_lines": [ 7.883204, 7.884021, 7.847124, 7.822204 ] }, { "date": "2023-09-15", "close": 7.883493, "volume": 0, "typical_volume": 5260.0, "trend": 7.796039, "fair_value": 7.657757, "relative_strength": -0.850811, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 41.692093, "energy": 27.611179, "activity_lines": [ 7.88086, 7.885989, 7.853465, 7.828035 ] }, { "date": "2023-09-22", "close": 7.916976, "volume": 800, "typical_volume": 5260.0, "trend": 7.80037, "fair_value": 7.660031, "relative_strength": 3.867838, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 49.850901, "energy": 29.57672, "activity_lines": [ 7.891725, 7.891909, 7.862448, 7.835837 ] }, { "date": "2023-09-29", "close": 7.890467, "volume": 56000, "typical_volume": 7940.0, "trend": 7.80582, "fair_value": 7.662035, "relative_strength": 4.814239, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 51.257445, "energy": 32.69304, "activity_lines": [ 7.892403, 7.892161, 7.868158, 7.84165 ] }, { "date": "2023-10-06", "close": 7.810946, "volume": 7700, "typical_volume": 8055.0, "trend": 7.806903, "fair_value": 7.663319, "relative_strength": 5.347558, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 21.778058, "energy": 14.346644, "activity_lines": [ 7.867867, 7.877115, 7.865838, 7.841981 ] }, { "date": "2023-10-13", "close": 7.899302, "volume": 0, "typical_volume": 7815.0, "trend": 7.814076, "fair_value": 7.665336, "relative_strength": 5.356505, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 42.07258, "energy": 22.288201, "activity_lines": [ 7.875276, 7.879693, 7.871649, 7.847942 ] }, { "date": "2023-10-20", "close": 7.80211, "volume": 1200, "typical_volume": 7725.0, "trend": 7.818181, "fair_value": 7.666495, "relative_strength": 5.888926, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 0.513387, "energy": 8.598021, "activity_lines": [ 7.849234, 7.864553, 7.867271, 7.84717 ] }, { "date": "2023-10-27", "close": 7.840331, "volume": 4700, "typical_volume": 6590.0, "trend": 7.825855, "fair_value": 7.667956, "relative_strength": 8.357722, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 10.162963, "energy": 15.404576, "activity_lines": [ 7.841357, 7.8584, 7.866229, 7.848599 ] }, { "date": "2023-11-03", "close": 7.840331, "volume": 21400, "typical_volume": 7520.0, "trend": 7.827503, "fair_value": 7.669392, "relative_strength": 2.34209, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 10.094948, "energy": 11.792652, "activity_lines": [ 7.838591, 7.853273, 7.864743, 7.849533 ] }, { "date": "2023-11-10", "close": 7.902557, "volume": 13400, "typical_volume": 7855.0, "trend": 7.832947, "fair_value": 7.671319, "relative_strength": 3.887809, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 25.409773, "energy": 13.732691, "activity_lines": [ 7.859908, 7.860723, 7.868822, 7.854375 ] }, { "date": "2023-11-17", "close": 7.938115, "volume": 10400, "typical_volume": 7930.0, "trend": 7.835429, "fair_value": 7.673506, "relative_strength": 1.557691, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 48.56309, "energy": 27.841596, "activity_lines": [ 7.886971, 7.873653, 7.875802, 7.86116 ] }, { "date": "2023-11-24", "close": 7.919369, "volume": 20700, "typical_volume": 8170.0, "trend": 7.840456, "fair_value": 7.675505, "relative_strength": 1.560229, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 51.022363, "energy": 37.284968, "activity_lines": [ 7.905198, 7.882182, 7.880259, 7.866576 ] }, { "date": "2023-12-01", "close": 8.026875, "volume": 1700, "typical_volume": 8230.0, "trend": 7.849353, "fair_value": 7.678338, "relative_strength": 1.06158, "stage": 3, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 75.769171, "energy": 67.82706, "activity_lines": [ 7.951443, 7.909604, 7.894225, 7.878603 ] }, { "date": "2023-12-08", "close": 8.008958, "volume": 1200, "typical_volume": 8180.0, "trend": 7.856501, "fair_value": 7.680983, "relative_strength": 1.363777, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 70.434816, "energy": 72.41962, "activity_lines": [ 7.979279, 7.931771, 7.905739, 7.8889 ] }, { "date": "2023-12-15", "close": 8.062709, "volume": 0, "typical_volume": 7960.0, "trend": 7.866882, "fair_value": 7.684013, "relative_strength": 1.051022, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 78.014557, "energy": 78.134042, "activity_lines": [ 8.01379, 7.961557, 7.921588, 7.902204 ] }, { "date": "2023-12-22", "close": 8.004904, "volume": 8300, "typical_volume": 8275.0, "trend": 7.876925, "fair_value": 7.68654, "relative_strength": -1.352056, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.487811, "energy": 71.33284, "activity_lines": [ 8.018357, 7.976254, 7.931141, 7.911108 ] }, { "date": "2023-12-29", "close": 8.086032, "volume": 1600, "typical_volume": 8325.0, "trend": 7.888517, "fair_value": 7.689661, "relative_strength": -0.691672, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 74.650191, "energy": 73.057875, "activity_lines": [ 8.045513, 8.003783, 7.947906, 7.924599 ] }, { "date": "2024-01-05", "close": 8.131107, "volume": 0, "typical_volume": 8195.0, "trend": 7.901322, "fair_value": 7.693083, "relative_strength": -0.071933, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 79.633804, "energy": 78.488082, "activity_lines": [ 8.076583, 8.034344, 7.968145, 7.94025 ] }, { "date": "2024-01-12", "close": 8.113078, "volume": 2600, "typical_volume": 8040.0, "trend": 7.912947, "fair_value": 7.696314, "relative_strength": -0.596953, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 70.988831, "energy": 75.645877, "activity_lines": [ 8.094695, 8.056341, 7.985551, 7.953912 ] }, { "date": "2024-01-19", "close": 8.131107, "volume": 7100, "typical_volume": 8150.0, "trend": 7.923959, "fair_value": 7.699633, "relative_strength": -0.055941, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 72.725162, "energy": 82.640368, "activity_lines": [ 8.111876, 8.076657, 8.003707, 7.967987 ] }, { "date": "2024-01-26", "close": 8.180823, "volume": 3200, "typical_volume": 8100.0, "trend": 7.937208, "fair_value": 7.703278, "relative_strength": -0.572421, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 79.293478, "energy": 87.429844, "activity_lines": [ 8.141068, 8.101856, 8.025251, 7.984558 ] }, { "date": "2024-02-02", "close": 8.216982, "volume": 14400, "typical_volume": 8820.0, "trend": 7.952243, "fair_value": 7.70714, "relative_strength": -0.0267, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 82.495811, "energy": 88.991068, "activity_lines": [ 8.170586, 8.129218, 8.048822, 8.002608 ] }, { "date": "2024-02-09", "close": 8.189865, "volume": 29200, "typical_volume": 10240.0, "trend": 7.962892, "fair_value": 7.710743, "relative_strength": -0.074188, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 71.134443, "energy": 84.931749, "activity_lines": [ 8.182334, 8.146237, 8.068223, 8.017939 ] }, { "date": "2024-02-16", "close": 8.180823, "volume": 12100, "typical_volume": 8045.0, "trend": 7.974111, "fair_value": 7.714225, "relative_strength": -1.363482, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.941576, "energy": 79.279314, "activity_lines": [ 8.187152, 8.158649, 8.085464, 8.031999 ] }, { "date": "2024-02-23", "close": 8.212467, "volume": 3000, "typical_volume": 7810.0, "trend": 7.984636, "fair_value": 7.717888, "relative_strength": -1.702932, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 72.128067, "energy": 75.361787, "activity_lines": [ 8.198001, 8.17369, 8.104335, 8.047377 ] }, { "date": "2024-03-01", "close": 8.239634, "volume": 3200, "typical_volume": 7970.0, "trend": 7.996066, "fair_value": 7.721697, "relative_strength": -2.04793, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 77.244596, "energy": 76.706464, "activity_lines": [ 8.212481, 8.190947, 8.123882, 8.063828 ] }, { "date": "2024-03-08", "close": 8.257744, "volume": 3100, "typical_volume": 8065.0, "trend": 8.007517, "fair_value": 7.725581, "relative_strength": -2.603941, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 78.034505, "energy": 74.238689, "activity_lines": [ 8.229078, 8.207229, 8.143533, 8.080711 ] }, { "date": "2024-03-15", "close": 8.27585, "volume": 8700, "typical_volume": 8265.0, "trend": 8.020155, "fair_value": 7.72954, "relative_strength": -2.805209, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 78.247164, "energy": 82.246397, "activity_lines": [ 8.248992, 8.223682, 8.162739, 8.098023 ] }, { "date": "2024-03-22", "close": 8.287638, "volume": 0, "typical_volume": 7195.0, "trend": 8.032747, "fair_value": 7.733526, "relative_strength": -3.183861, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 77.315238, "energy": 88.126628, "activity_lines": [ 8.267104, 8.239645, 8.180993, 8.115279 ] }, { "date": "2024-03-29", "close": 8.332977, "volume": 5300, "typical_volume": 6790.0, "trend": 8.048902, "fair_value": 7.737778, "relative_strength": -3.444557, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 87.068885, "energy": 93.201589, "activity_lines": [ 8.293207, 8.260679, 8.201436, 8.134649 ] }, { "date": "2024-04-05", "close": 8.32391, "volume": 1000, "typical_volume": 6320.0, "trend": 8.063583, "fair_value": 7.741905, "relative_strength": -3.915157, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 77.166665, "energy": 89.214709, "activity_lines": [ 8.308254, 8.276393, 8.218965, 8.152392 ] }, { "date": "2024-04-12", "close": 8.31484, "volume": 300, "typical_volume": 5300.0, "trend": 8.077961, "fair_value": 7.745912, "relative_strength": -2.440244, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 69.237667, "energy": 81.32966, "activity_lines": [ 8.31466, 8.287857, 8.233793, 8.168602 ] }, { "date": "2024-04-19", "close": 8.269505, "volume": 1300, "typical_volume": 5280.0, "trend": 8.089712, "fair_value": 7.749548, "relative_strength": -2.556291, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.787745, "energy": 65.102103, "activity_lines": [ 8.302147, 8.289299, 8.242421, 8.180959 ] }, { "date": "2024-04-26", "close": 8.290389, "volume": 2300, "typical_volume": 5335.0, "trend": 8.103043, "fair_value": 7.753278, "relative_strength": -3.034057, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.56688, "energy": 59.6666, "activity_lines": [ 8.297019, 8.29309, 8.251882, 8.193906 ] }, { "date": "2024-05-03", "close": 8.353954, "volume": 3200, "typical_volume": 5495.0, "trend": 8.121143, "fair_value": 7.757392, "relative_strength": -2.207436, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 81.705275, "energy": 65.882419, "activity_lines": [ 8.312895, 8.306446, 8.266057, 8.210094 ] }, { "date": "2024-05-10", "close": 8.344872, "volume": 700, "typical_volume": 5115.0, "trend": 8.135995, "fair_value": 7.761389, "relative_strength": -3.860317, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 73.945737, "energy": 63.322132, "activity_lines": [ 8.324346, 8.315578, 8.27798, 8.224528 ] }, { "date": "2024-05-17", "close": 8.372113, "volume": 3200, "typical_volume": 5195.0, "trend": 8.154995, "fair_value": 7.765515, "relative_strength": -4.179507, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 80.434469, "energy": 69.974762, "activity_lines": [ 8.34348, 8.32775, 8.290878, 8.239762 ] }, { "date": "2024-05-24", "close": 8.383908, "volume": 300, "typical_volume": 5210.0, "trend": 8.173115, "fair_value": 7.769665, "relative_strength": -3.370224, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 77.815974, "energy": 84.885577, "activity_lines": [ 8.362727, 8.339987, 8.303537, 8.25453 ] }, { "date": "2024-05-31", "close": 8.365723, "volume": 73800, "typical_volume": 8770.0, "trend": 8.190628, "fair_value": 7.773639, "relative_strength": -3.303989, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.671289, "energy": 74.765623, "activity_lines": [ 8.368286, 8.346953, 8.313261, 8.266957 ] }, { "date": "2024-06-07", "close": 8.420282, "volume": 5400, "typical_volume": 8685.0, "trend": 8.207885, "fair_value": 7.777922, "relative_strength": -1.480908, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 83.233166, "energy": 78.845436, "activity_lines": [ 8.387008, 8.362419, 8.326978, 8.281773 ] }, { "date": "2024-06-14", "close": 8.438465, "volume": 400, "typical_volume": 8545.0, "trend": 8.224563, "fair_value": 7.782267, "relative_strength": 0.404128, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 82.31307, "energy": 71.423999, "activity_lines": [ 8.40737, 8.379604, 8.341049, 8.296649 ] }, { "date": "2024-06-21", "close": 8.422257, "volume": 4800, "typical_volume": 8065.0, "trend": 8.241326, "fair_value": 7.78645, "relative_strength": 0.657499, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 69.662695, "energy": 65.734545, "activity_lines": [ 8.41609, 8.391759, 8.35235, 8.309404 ] }, { "date": "2024-06-28", "close": 8.467832, "volume": 6900, "typical_volume": 6950.0, "trend": 8.256025, "fair_value": 7.790875, "relative_strength": -0.286908, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 78.736908, "energy": 66.594753, "activity_lines": [ 8.436658, 8.410247, 8.367014, 8.324017 ] }, { "date": "2024-07-05", "close": 8.476947, "volume": 2600, "typical_volume": 6475.0, "trend": 8.271625, "fair_value": 7.795301, "relative_strength": -0.972668, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 75.536235, "energy": 66.061003, "activity_lines": [ 8.45467, 8.426786, 8.381222, 8.33827 ] }, { "date": "2024-07-12", "close": 8.449602, "volume": 1300, "typical_volume": 6390.0, "trend": 8.284521, "fair_value": 7.799495, "relative_strength": -3.892215, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.424302, "energy": 59.533006, "activity_lines": [ 8.456152, 8.434962, 8.391416, 8.349752 ] }, { "date": "2024-07-19", "close": 8.495175, "volume": 1300, "typical_volume": 6295.0, "trend": 8.300863, "fair_value": 7.804683, "relative_strength": -3.410539, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 76.308899, "energy": 64.982754, "activity_lines": [ 8.47087, 8.449685, 8.404821, 8.363343 ] }, { "date": "2024-07-26", "close": 8.536314, "volume": 4300, "typical_volume": 6355.0, "trend": 8.315873, "fair_value": 7.810135, "relative_strength": -3.42081, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 82.060788, "energy": 72.716209, "activity_lines": [ 8.49552, 8.469154, 8.420928, 8.378533 ] }, { "date": "2024-08-02", "close": 8.545465, "volume": 1200, "typical_volume": 5980.0, "trend": 8.329685, "fair_value": 7.815793, "relative_strength": -0.734673, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 79.402348, "energy": 79.175505, "activity_lines": [ 8.515617, 8.487303, 8.436579, 8.393346 ] }, { "date": "2024-08-09", "close": 8.554612, "volume": 200, "typical_volume": 5990.0, "trend": 8.344402, "fair_value": 7.821263, "relative_strength": -0.979647, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 76.45383, "energy": 85.069837, "activity_lines": [ 8.533588, 8.504176, 8.451817, 8.407857 ] }, { "date": "2024-08-16", "close": 8.563763, "volume": 2000, "typical_volume": 5825.0, "trend": 8.358824, "fair_value": 7.826644, "relative_strength": -3.940834, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 73.951113, "energy": 84.515378, "activity_lines": [ 8.549431, 8.51928, 8.466656, 8.422009 ] }, { "date": "2024-08-23", "close": 8.586643, "volume": 1100, "typical_volume": 5830.0, "trend": 8.372352, "fair_value": 7.832137, "relative_strength": -4.499135, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 77.62422, "energy": 80.440422, "activity_lines": [ 8.56529, 8.535934, 8.482575, 8.436707 ] }, { "date": "2024-08-30", "close": 8.724104, "volume": 1300, "typical_volume": 5880.0, "trend": 8.389256, "fair_value": 7.839007, "relative_strength": -3.179972, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 95.132296, "energy": 88.485751, "activity_lines": [ 8.620871, 8.574887, 8.510334, 8.459401 ] }, { "date": "2024-09-06", "close": 8.650788, "volume": 200, "typical_volume": 5825.0, "trend": 8.40462, "fair_value": 7.844961, "relative_strength": -1.549773, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 73.114658, "energy": 76.818981, "activity_lines": [ 8.639495, 8.595022, 8.529162, 8.476274 ] }, { "date": "2024-09-13", "close": 8.586643, "volume": 2200, "typical_volume": 5820.0, "trend": 8.418147, "fair_value": 7.850702, "relative_strength": -5.459424, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.789324, "energy": 64.694649, "activity_lines": [ 8.629715, 8.600168, 8.540065, 8.488018 ] }, { "date": "2024-09-20", "close": 8.669119, "volume": 200, "typical_volume": 5670.0, "trend": 8.433369, "fair_value": 7.857195, "relative_strength": -5.571388, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 75.45341, "energy": 67.726688, "activity_lines": [ 8.645292, 8.618315, 8.557412, 8.504209 ] }, { "date": "2024-09-27", "close": 8.667279, "volume": 2600, "typical_volume": 5765.0, "trend": 8.447624, "fair_value": 7.863677, "relative_strength": -5.745839, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 71.794112, "energy": 65.269418, "activity_lines": [ 8.653232, 8.632136, 8.573083, 8.5193 ] }, { "date": "2024-10-04", "close": 8.713283, "volume": 2400, "typical_volume": 5725.0, "trend": 8.462808, "fair_value": 7.870354, "relative_strength": -5.839977, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 81.604133, "energy": 68.494791, "activity_lines": [ 8.671131, 8.651193, 8.5916, 8.53644 ] }, { "date": "2024-10-11", "close": 8.713283, "volume": 700, "typical_volume": 5745.0, "trend": 8.477389, "fair_value": 7.87723, "relative_strength": -6.793542, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 76.048011, "energy": 74.318948, "activity_lines": [ 8.689751, 8.667031, 8.608493, 8.552599 ] }, { "date": "2024-10-18", "close": 8.740887, "volume": 800, "typical_volume": 2095.0, "trend": 8.492498, "fair_value": 7.883913, "relative_strength": -7.560868, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 77.833076, "energy": 80.535158, "activity_lines": [ 8.713406, 8.684838, 8.626446, 8.569599 ] }, { "date": "2024-10-25", "close": 8.707709, "volume": 1000, "typical_volume": 1875.0, "trend": 8.504989, "fair_value": 7.890683, "relative_strength": -6.265422, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.765752, "energy": 65.454429, "activity_lines": [ 8.715719, 8.693225, 8.639453, 8.583484 ] }, { "date": "2024-11-01", "close": 8.707709, "volume": 900, "typical_volume": 1900.0, "trend": 8.517782, "fair_value": 7.897454, "relative_strength": -5.284713, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.235687, "energy": 56.546083, "activity_lines": [ 8.715459, 8.698995, 8.651091, 8.596562 ] }, { "date": "2024-11-08", "close": 8.772348, "volume": 1800, "typical_volume": 1750.0, "trend": 8.533032, "fair_value": 7.903989, "relative_strength": -6.297623, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 74.69147, "energy": 58.713429, "activity_lines": [ 8.734051, 8.714316, 8.667603, 8.612986 ] }, { "date": "2024-11-15", "close": 8.744645, "volume": 1500, "typical_volume": 1480.0, "trend": 8.54887, "fair_value": 7.910796, "relative_strength": -6.886762, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.38041, "energy": 49.956286, "activity_lines": [ 8.73947, 8.723724, 8.67981, 8.626638 ] }, { "date": "2024-11-22", "close": 8.750995, "volume": 500, "typical_volume": 1375.0, "trend": 8.564224, "fair_value": 7.917589, "relative_strength": -8.613579, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 60.46785, "energy": 45.041102, "activity_lines": [ 8.744915, 8.732579, 8.691303, 8.639679 ] }, { "date": "2024-11-29", "close": 8.713958, "volume": 300, "typical_volume": 1325.0, "trend": 8.576224, "fair_value": 7.924244, "relative_strength": -9.479299, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 56.303799, "energy": 41.514907, "activity_lines": [ 8.737341, 8.731712, 8.697964, 8.649339 ] }, { "date": "2024-12-06", "close": 8.778773, "volume": 15400, "typical_volume": 2030.0, "trend": 8.590687, "fair_value": 7.931416, "relative_strength": -8.717223, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.193788, "energy": 42.42989, "activity_lines": [ 8.750955, 8.741815, 8.709539, 8.662407 ] }, { "date": "2024-12-13", "close": 8.8436, "volume": 1000, "typical_volume": 1865.0, "trend": 8.606404, "fair_value": 7.938551, "relative_strength": -6.317955, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 75.691458, "energy": 50.647645, "activity_lines": [ 8.78144, 8.761677, 8.725938, 8.678724 ] }, { "date": "2024-12-20", "close": 8.82508, "volume": 0, "typical_volume": 1805.0, "trend": 8.621109, "fair_value": 7.946193, "relative_strength": -3.827853, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.818717, "energy": 53.369697, "activity_lines": [ 8.801002, 8.775802, 8.739109, 8.692832 ] }, { "date": "2024-12-27", "close": 8.791656, "volume": 0, "typical_volume": 1795.0, "trend": 8.635307, "fair_value": 7.953569, "relative_strength": -4.799456, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 60.202365, "energy": 54.738712, "activity_lines": [ 8.80406, 8.781818, 8.747766, 8.703835 ] }, { "date": "2025-01-03", "close": 8.865927, "volume": 800, "typical_volume": 1735.0, "trend": 8.650162, "fair_value": 7.961119, "relative_strength": -4.885528, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 71.231192, "energy": 64.917172, "activity_lines": [ 8.829165, 8.800414, 8.762367, 8.718713 ] }, { "date": "2025-01-10", "close": 8.865927, "volume": 200, "typical_volume": 1690.0, "trend": 8.664411, "fair_value": 7.968264, "relative_strength": -3.568737, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.292286, "energy": 58.102994, "activity_lines": [ 8.844138, 8.816133, 8.775529, 8.732634 ] }, { "date": "2025-01-17", "close": 8.865927, "volume": 700, "typical_volume": 1660.0, "trend": 8.6792, "fair_value": 7.974981, "relative_strength": -4.549241, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.269584, "energy": 50.594331, "activity_lines": [ 8.853301, 8.828976, 8.787362, 8.745635 ] }, { "date": "2025-01-24", "close": 8.865898, "volume": 6300, "typical_volume": 1965.0, "trend": 8.692469, "fair_value": 7.981901, "relative_strength": -5.859679, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.003264, "energy": 48.934087, "activity_lines": [ 8.860966, 8.840113, 8.798516, 8.75768 ] }, { "date": "2025-01-31", "close": 8.875212, "volume": 600, "typical_volume": 1885.0, "trend": 8.705744, "fair_value": 7.988932, "relative_strength": -5.792902, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.303884, "energy": 48.475911, "activity_lines": [ 8.869014, 8.850738, 8.809533, 8.76947 ] }, { "date": "2025-02-07", "close": 8.893836, "volume": 6100, "typical_volume": 2180.0, "trend": 8.720552, "fair_value": 7.996133, "relative_strength": -5.061345, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.767915, "energy": 49.771427, "activity_lines": [ 8.8777, 8.86249, 8.82095, 8.781605 ] }, { "date": "2025-02-14", "close": 8.847272, "volume": 200, "typical_volume": 2060.0, "trend": 8.732289, "fair_value": 8.003357, "relative_strength": -5.521726, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 58.098626, "energy": 40.068044, "activity_lines": [ 8.869004, 8.862507, 8.826862, 8.78978 ] }, { "date": "2025-02-21", "close": 8.857499, "volume": 300, "typical_volume": 1955.0, "trend": 8.742995, "fair_value": 8.011464, "relative_strength": -3.990702, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 54.913747, "energy": 35.765304, "activity_lines": [ 8.864961, 8.863137, 8.832891, 8.797858 ] }, { "date": "2025-02-28", "close": 8.969499, "volume": 600, "typical_volume": 1950.0, "trend": 8.757129, "fair_value": 8.019931, "relative_strength": -3.573445, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 75.61575, "energy": 47.959239, "activity_lines": [ 8.898813, 8.883878, 8.8489, 8.812471 ] }, { "date": "2025-03-07", "close": 8.913498, "volume": 8500, "typical_volume": 2335.0, "trend": 8.769092, "fair_value": 8.028855, "relative_strength": -1.616357, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 58.904612, "energy": 41.15184, "activity_lines": [ 8.907091, 8.891811, 8.858355, 8.82256 ] }, { "date": "2025-03-14", "close": 8.913498, "volume": 2000, "typical_volume": 2385.0, "trend": 8.78075, "fair_value": 8.037219, "relative_strength": -0.711169, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 57.96556, "energy": 44.378651, "activity_lines": [ 8.912817, 8.897529, 8.866988, 8.831876 ] }, { "date": "2025-03-21", "close": 8.972374, "volume": 200, "typical_volume": 2350.0, "trend": 8.793608, "fair_value": 8.045943, "relative_strength": -1.625664, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 70.342898, "energy": 63.258686, "activity_lines": [ 8.936857, 8.913086, 8.880249, 8.844239 ] }, { "date": "2025-03-28", "close": 8.963007, "volume": 2100, "typical_volume": 2365.0, "trend": 8.801571, "fair_value": 8.054555, "relative_strength": -0.824999, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.344879, "energy": 51.637992, "activity_lines": [ 8.949435, 8.925006, 8.891357, 8.855168 ] }, { "date": "2025-04-04", "close": 8.878716, "volume": 500, "typical_volume": 2315.0, "trend": 8.809169, "fair_value": 8.062371, "relative_strength": 4.824873, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 56.136386, "energy": 36.818042, "activity_lines": [ 8.926882, 8.919834, 8.893529, 8.860145 ] }, { "date": "2025-04-11", "close": 8.747596, "volume": 15300, "typical_volume": 3055.0, "trend": 8.814534, "fair_value": 8.069654, "relative_strength": 1.597614, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 14.049839, "energy": 8.075984, "activity_lines": [ 8.866674, 8.89059, 8.882576, 8.856173 ] }, { "date": "2025-04-18", "close": 8.897448, "volume": 0, "typical_volume": 3040.0, "trend": 8.822145, "fair_value": 8.077512, "relative_strength": 0.814556, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 31.068843, "energy": 16.344594, "activity_lines": [ 8.867477, 8.890911, 8.88591, 8.861522 ] }, { "date": "2025-04-25", "close": 8.895531, "volume": 700, "typical_volume": 2305.0, "trend": 8.829753, "fair_value": 8.086027, "relative_strength": -1.228369, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 29.447073, "energy": 17.386132, "activity_lines": [ 8.868712, 8.890818, 8.888188, 8.866257 ] }, { "date": "2025-05-02", "close": 8.961353, "volume": 0, "typical_volume": 2255.0, "trend": 8.838022, "fair_value": 8.094707, "relative_strength": -1.656078, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 41.741917, "energy": 17.910671, "activity_lines": [ 8.897009, 8.901816, 8.896179, 8.874747 ] }, { "date": "2025-05-09", "close": 8.933144, "volume": 0, "typical_volume": 2255.0, "trend": 8.845351, "fair_value": 8.103774, "relative_strength": -3.115308, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 48.037491, "energy": 24.533005, "activity_lines": [ 8.916014, 8.905796, 8.900922, 8.880884 ] }, { "date": "2025-05-16", "close": 9.017774, "volume": 0, "typical_volume": 2255.0, "trend": 8.85458, "fair_value": 8.113786, "relative_strength": -4.381628, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 60.672794, "energy": 45.808614, "activity_lines": [ 8.959601, 8.925825, 8.913211, 8.892008 ] }, { "date": "2025-05-23", "close": 9.000012, "volume": 600, "typical_volume": 2245.0, "trend": 8.864324, "fair_value": 8.123478, "relative_strength": -4.089638, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 60.311042, "energy": 53.890588, "activity_lines": [ 8.979255, 8.940728, 8.922732, 8.901391 ] }, { "date": "2025-05-30", "close": 9.028374, "volume": 6300, "typical_volume": 2550.0, "trend": 8.875013, "fair_value": 8.133662, "relative_strength": -4.716737, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.33551, "energy": 56.523226, "activity_lines": [ 9.001525, 8.959215, 8.934315, 8.911975 ] }, { "date": "2025-06-06", "close": 9.075644, "volume": 0, "typical_volume": 2515.0, "trend": 8.885122, "fair_value": 8.144358, "relative_strength": -4.940315, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 69.027616, "energy": 64.71788, "activity_lines": [ 9.030696, 8.985279, 8.949626, 8.924919 ] }, { "date": "2025-06-13", "close": 9.056736, "volume": 600, "typical_volume": 2230.0, "trend": 8.895525, "fair_value": 8.154932, "relative_strength": -5.164239, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.59491, "energy": 58.974765, "activity_lines": [ 9.045945, 9.005856, 8.962139, 8.93599 ] }, { "date": "2025-06-20", "close": 9.085397, "volume": 11700, "typical_volume": 2785.0, "trend": 8.906672, "fair_value": 8.165574, "relative_strength": -4.59601, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.756421, "energy": 58.800807, "activity_lines": [ 9.062508, 9.028408, 8.976471, 8.94824 ] }, { "date": "2025-06-27", "close": 9.132913, "volume": 3300, "typical_volume": 2645.0, "trend": 8.920637, "fair_value": 8.177148, "relative_strength": -4.567155, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 69.986133, "energy": 61.266261, "activity_lines": [ 9.090402, 9.053458, 8.994329, 8.962836 ] }, { "date": "2025-07-04", "close": 9.028375, "volume": 200, "typical_volume": 2645.0, "trend": 8.928957, "fair_value": 8.187948, "relative_strength": -6.65714, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 57.900521, "energy": 39.605683, "activity_lines": [ 9.074589, 9.055219, 9.001092, 8.969787 ] }, { "date": "2025-07-11", "close": 9.12341, "volume": 1100, "typical_volume": 2685.0, "trend": 8.938284, "fair_value": 8.198729, "relative_strength": -5.399912, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 71.069504, "energy": 64.301362, "activity_lines": [ 9.090455, 9.071844, 9.016043, 8.982332 ] }, { "date": "2025-07-18", "close": 9.170928, "volume": 2100, "typical_volume": 2760.0, "trend": 8.949813, "fair_value": 8.209622, "relative_strength": -5.722986, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 79.53034, "energy": 78.327395, "activity_lines": [ 9.118975, 9.094162, 9.034254, 8.997342 ] }, { "date": "2025-07-25", "close": 9.15198, "volume": 800, "typical_volume": 2375.0, "trend": 8.961824, "fair_value": 8.220341, "relative_strength": -6.326227, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 69.887454, "energy": 74.376435, "activity_lines": [ 9.133567, 9.108712, 9.049701, 9.010385 ] }, { "date": "2025-08-01", "close": 9.171044, "volume": 0, "typical_volume": 2275.0, "trend": 8.971994, "fair_value": 8.230656, "relative_strength": -4.251031, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 72.82695, "energy": 81.431495, "activity_lines": [ 9.150075, 9.124288, 9.065828, 9.023883 ] }, { "date": "2025-08-08", "close": 9.180581, "volume": 0, "typical_volume": 2265.0, "trend": 8.982483, "fair_value": 8.240821, "relative_strength": -6.433278, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 70.919881, "energy": 81.459201, "activity_lines": [ 9.167219, 9.138488, 9.081637, 9.03734 ] }, { "date": "2025-08-15", "close": 9.23778, "volume": 0, "typical_volume": 2160.0, "trend": 8.994878, "fair_value": 8.25109, "relative_strength": -6.139207, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 83.048148, "energy": 86.379595, "activity_lines": [ 9.193283, 9.160321, 9.101902, 9.053811 ] }, { "date": "2025-08-22", "close": 9.237838, "volume": 200, "typical_volume": 2145.0, "trend": 9.007276, "fair_value": 8.261232, "relative_strength": -7.339418, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 77.360658, "energy": 84.189662, "activity_lines": [ 9.211741, 9.179216, 9.120864, 9.069486 ] }, { "date": "2025-08-29", "close": 9.190072, "volume": 1000, "typical_volume": 1430.0, "trend": 9.017771, "fair_value": 8.271174, "relative_strength": -8.304935, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.54401, "energy": 78.828593, "activity_lines": [ 9.209817, 9.186133, 9.133567, 9.081279 ] }, { "date": "2025-09-05", "close": 9.342923, "volume": 12400, "typical_volume": 2050.0, "trend": 9.032741, "fair_value": 8.282149, "relative_strength": -8.046761, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 90.891835, "energy": 88.387209, "activity_lines": [ 9.256304, 9.218939, 9.15872, 9.102257 ] }, { "date": "2025-09-12", "close": 9.295157, "volume": 3300, "typical_volume": 2180.0, "trend": 9.04767, "fair_value": 8.292923, "relative_strength": -9.010723, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 73.841557, "energy": 74.074328, "activity_lines": [ 9.27541, 9.239242, 9.177202, 9.119187 ] }, { "date": "2025-09-19", "close": 9.323817, "volume": 10600, "typical_volume": 2710.0, "trend": 9.063214, "fair_value": 8.30396, "relative_strength": -9.967757, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 75.772024, "energy": 70.759258, "activity_lines": [ 9.296431, 9.259904, 9.196511, 9.137003 ] }, { "date": "2025-09-26", "close": 9.341043, "volume": 7800, "typical_volume": 3100.0, "trend": 9.075599, "fair_value": 8.315427, "relative_strength": -9.540268, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 75.87844, "energy": 78.578744, "activity_lines": [ 9.317458, 9.280056, 9.215735, 9.154927 ] }, { "date": "2025-10-03", "close": 9.341043, "volume": 25200, "typical_volume": 4360.0, "trend": 9.08985, "fair_value": 8.327001, "relative_strength": -11.383674, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 70.943946, "energy": 76.29515, "activity_lines": [ 9.331605, 9.297114, 9.233016, 9.172053 ] }, { "date": "2025-10-10", "close": 9.321902, "volume": 1100, "typical_volume": 4385.0, "trend": 9.103464, "fair_value": 8.338987, "relative_strength": -9.505864, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.083435, "energy": 74.616243, "activity_lines": [ 9.329307, 9.307254, 9.246935, 9.187024 ] }, { "date": "2025-10-17", "close": 9.341043, "volume": 48500, "typical_volume": 6495.0, "trend": 9.115753, "fair_value": 8.350934, "relative_strength": -9.885517, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 69.287807, "energy": 71.648699, "activity_lines": [ 9.33479, 9.318132, 9.261144, 9.202351 ] }, { "date": "2025-10-24", "close": 9.342096, "volume": 18400, "typical_volume": 7415.0, "trend": 9.128389, "fair_value": 8.363157, "relative_strength": -10.360467, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.586655, "energy": 62.724635, "activity_lines": [ 9.337566, 9.326283, 9.273965, 9.216954 ] }, { "date": "2025-10-31", "close": 9.342096, "volume": 51700, "typical_volume": 9970.0, "trend": 9.143835, "fair_value": 8.375487, "relative_strength": -9.832817, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.44235, "energy": 57.188155, "activity_lines": [ 9.339123, 9.332538, 9.285516, 9.230742 ] }, { "date": "2025-11-07", "close": 9.313293, "volume": 10500, "typical_volume": 9910.0, "trend": 9.162692, "fair_value": 8.387364, "relative_strength": -8.843638, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 51.792158, "energy": 46.367861, "activity_lines": [ 9.331008, 9.331661, 9.292966, 9.241674 ] }, { "date": "2025-11-14", "close": 9.30369, "volume": 10300, "typical_volume": 10260.0, "trend": 9.176233, "fair_value": 8.399179, "relative_strength": -9.955871, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 47.422161, "energy": 38.983514, "activity_lines": [ 9.321543, 9.326797, 9.298416, 9.250771 ] }, { "date": "2025-11-21", "close": 9.297964, "volume": 16800, "typical_volume": 11090.0, "trend": 9.189647, "fair_value": 8.410522, "relative_strength": -9.334175, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 43.189886, "energy": 30.53543, "activity_lines": [ 9.311383, 9.321605, 9.302507, 9.258625 ] }, { "date": "2025-11-28", "close": 9.32681, "volume": 10100, "typical_volume": 11540.0, "trend": 9.201829, "fair_value": 8.421833, "relative_strength": -12.383647, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 43.400781, "energy": 27.149776, "activity_lines": [ 9.313711, 9.321607, 9.308062, 9.267474 ] }, { "date": "2025-12-05", "close": 9.317194, "volume": 25600, "typical_volume": 12715.0, "trend": 9.214631, "fair_value": 8.433083, "relative_strength": -12.054358, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 39.605344, "energy": 26.271989, "activity_lines": [ 9.313852, 9.319807, 9.311732, 9.274917 ] }, { "date": "2025-12-12", "close": 9.312388, "volume": 12400, "typical_volume": 13295.0, "trend": 9.224451, "fair_value": 8.444086, "relative_strength": -12.430537, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 37.476075, "energy": 25.306751, "activity_lines": [ 9.314051, 9.317566, 9.314248, 9.281224 ] }, { "date": "2025-12-19", "close": 9.346041, "volume": 9100, "typical_volume": 13750.0, "trend": 9.235986, "fair_value": 8.455737, "relative_strength": -12.424439, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 63.812028, "energy": 41.512897, "activity_lines": [ 9.325528, 9.321965, 9.319206, 9.289068 ] }, { "date": "2025-12-26", "close": 9.316743, "volume": 18000, "typical_volume": 14650.0, "trend": 9.245598, "fair_value": 8.466818, "relative_strength": -13.049172, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 49.553459, "energy": 33.320155, "activity_lines": [ 9.324416, 9.320598, 9.320539, 9.294278 ] }, { "date": "2026-01-02", "close": 9.355807, "volume": 3500, "typical_volume": 14825.0, "trend": 9.254937, "fair_value": 8.478313, "relative_strength": -12.061994, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 65.443804, "energy": 42.676374, "activity_lines": [ 9.335073, 9.326775, 9.324945, 9.301389 ] }, { "date": "2026-01-09", "close": 9.355807, "volume": 6500, "typical_volume": 15140.0, "trend": 9.264906, "fair_value": 8.489263, "relative_strength": -13.675365, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.190243, "energy": 51.52552, "activity_lines": [ 9.343797, 9.332703, 9.328789, 9.307896 ] }, { "date": "2026-01-16", "close": 9.385104, "volume": 28800, "typical_volume": 16530.0, "trend": 9.274896, "fair_value": 8.5004, "relative_strength": -14.1802, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 75.732862, "energy": 66.677684, "activity_lines": [ 9.359713, 9.343709, 9.334861, 9.315651 ] }, { "date": "2026-01-23", "close": 9.395851, "volume": 3300, "typical_volume": 16075.0, "trend": 9.283661, "fair_value": 8.511535, "relative_strength": -14.02969, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 76.887542, "energy": 76.384915, "activity_lines": [ 9.374363, 9.355362, 9.341028, 9.323455 ] }, { "date": "2026-01-30", "close": 9.425243, "volume": 9000, "typical_volume": 16360.0, "trend": 9.29689, "fair_value": 8.522365, "relative_strength": -10.186737, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 83.239519, "energy": 85.348792, "activity_lines": [ 9.39549, 9.370685, 9.349742, 9.332589 ] }, { "date": "2026-02-06", "close": 9.425243, "volume": 19100, "typical_volume": 16785.0, "trend": 9.306951, "fair_value": 8.533305, "relative_strength": -11.393748, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 77.468355, "energy": 84.470566, "activity_lines": [ 9.409384, 9.383693, 9.357837, 9.34087 ] }, { "date": "2026-02-13", "close": 9.376255, "volume": 25200, "typical_volume": 17655.0, "trend": 9.313795, "fair_value": 8.543437, "relative_strength": -13.13581, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 64.629802, "energy": 64.997235, "activity_lines": [ 9.402319, 9.386004, 9.360783, 9.345341 ] }, { "date": "2026-02-20", "close": 9.356568, "volume": 38500, "typical_volume": 18320.0, "trend": 9.320615, "fair_value": 8.553499, "relative_strength": -14.845639, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 59.033255, "energy": 44.040717, "activity_lines": [ 9.387328, 9.383662, 9.361686, 9.348101 ] }, { "date": "2026-02-27", "close": 9.307426, "volume": 21600, "typical_volume": 19345.0, "trend": 9.325161, "fair_value": 8.56363, "relative_strength": -16.173998, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 14.207029, "energy": 12.53789, "activity_lines": [ 9.35786, 9.371582, 9.357836, 9.34725 ] }, { "date": "2026-03-06", "close": 9.307426, "volume": 15900, "typical_volume": 17715.0, "trend": 9.329389, "fair_value": 8.573431, "relative_strength": -12.581735, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 4.103536, "energy": 22.1435, "activity_lines": [ 9.334286, 9.360204, 9.354054, 9.346106 ] }, { "date": "2026-03-13", "close": 9.297598, "volume": 49200, "typical_volume": 19255.0, "trend": 9.331383, "fair_value": 8.583774, "relative_strength": -10.808067, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -26.693287, "energy": 34.482357, "activity_lines": [ 9.315291, 9.347209, 9.349497, 9.344055 ] }, { "date": "2026-03-20", "close": 9.258285, "volume": 47800, "typical_volume": 19060.0, "trend": 9.332064, "fair_value": 8.593897, "relative_strength": -7.358179, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -41.142985, "energy": 49.014878, "activity_lines": [ 9.291701, 9.328124, 9.341407, 9.339339 ] }, { "date": "2026-03-27", "close": 9.271132, "volume": 22700, "typical_volume": 19670.0, "trend": 9.334766, "fair_value": 8.604545, "relative_strength": -8.701141, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -41.682874, "energy": 63.755105, "activity_lines": [ 9.280258, 9.313148, 9.33494, 9.335407 ] }, { "date": "2026-04-03", "close": 9.26125, "volume": 7400, "typical_volume": 19525.0, "trend": 9.332044, "fair_value": 8.61397, "relative_strength": -11.406657, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -71.553921, "energy": 76.225649, "activity_lines": [ 9.271217, 9.298447, 9.327732, 9.330664 ] }, { "date": "2026-04-10", "close": 9.281017, "volume": 1900, "typical_volume": 18780.0, "trend": 9.331573, "fair_value": 8.623854, "relative_strength": -12.255864, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.507388, "energy": 66.666414, "activity_lines": [ 9.271843, 9.289788, 9.32261, 9.327372 ] }, { "date": "2026-04-17", "close": 9.281017, "volume": 5300, "typical_volume": 18540.0, "trend": 9.330146, "fair_value": 8.632939, "relative_strength": -13.400135, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.504175, "energy": 48.97872, "activity_lines": [ 9.27423, 9.283751, 9.317567, 9.324111 ] }, { "date": "2026-04-24", "close": 9.230089, "volume": 1200, "typical_volume": 17320.0, "trend": 9.326447, "fair_value": 8.642308, "relative_strength": -12.277638, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -76.080746, "energy": 54.893409, "activity_lines": [ 9.260746, 9.271077, 9.307893, 9.317656 ] }, { "date": "2026-05-01", "close": 9.190559, "volume": 0, "typical_volume": 16700.0, "trend": 9.321431, "fair_value": 8.651479, "relative_strength": -12.147414, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -82.160676, "energy": 67.250572, "activity_lines": [ 9.235966, 9.253873, 9.294869, 9.308889 ] }, { "date": "2026-05-08", "close": 9.200442, "volume": 12000, "typical_volume": 16845.0, "trend": 9.317383, "fair_value": 8.660491, "relative_strength": -12.083728, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -74.893024, "energy": 80.99198, "activity_lines": [ 9.219851, 9.241484, 9.283366, 9.301083 ] }, { "date": "2026-05-15", "close": 9.210324, "volume": 300, "typical_volume": 15960.0, "trend": 9.313025, "fair_value": 8.669844, "relative_strength": -10.935301, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.800877, "energy": 81.938357, "activity_lines": [ 9.211084, 9.232838, 9.273497, 9.294176 ] }, { "date": "2026-05-22", "close": 9.225294, "volume": 3000, "typical_volume": 15935.0, "trend": 9.309132, "fair_value": 8.679598, "relative_strength": -11.997924, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.480728, "energy": 76.330396, "activity_lines": [ 9.21202, 9.228678, 9.265561, 9.288516 ] }, { "date": "2026-05-29", "close": 9.265059, "volume": 5500, "typical_volume": 15885.0, "trend": 9.306564, "fair_value": 8.689385, "relative_strength": -11.938488, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.630908, "energy": 48.207321, "activity_lines": [ 9.229926, 9.233063, 9.262034, 9.285672 ] }, { "date": "2026-06-05", "close": 9.265059, "volume": 0, "typical_volume": 14445.0, "trend": 9.304956, "fair_value": 8.699117, "relative_strength": -10.607175, "stage": 3, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -44.005583, "energy": 30.759286, "activity_lines": [ 9.2455, 9.237325, 9.258939, 9.282995 ] }, { "date": "2026-06-12", "close": 9.275, "volume": 1000, "typical_volume": 14330.0, "trend": 9.304, "fair_value": 8.7088, "relative_strength": -11.423256, "stage": 3, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -34.974724, "energy": 29.402517, "activity_lines": [ 9.259422, 9.243505, 9.257362, 9.281062 ] }, { "date": "2026-06-19", "close": 9.218092, "volume": 1300, "typical_volume": 13945.0, "trend": 9.301337, "fair_value": 8.717886, "relative_strength": -11.595124, "stage": 3, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -50.305634, "energy": 31.744725, "activity_lines": [ 9.249403, 9.239088, 9.250941, 9.275519 ] }, { "date": "2026-06-26", "close": 9.242939, "volume": 2300, "typical_volume": 13105.0, "trend": 9.298542, "fair_value": 8.727242, "relative_strength": -10.937395, "stage": 3, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -36.528266, "energy": 21.987642, "activity_lines": [ 9.247149, 9.240332, 9.247872, 9.271752 ] }, { "date": "2026-07-03", "close": 9.213123, "volume": 800, "typical_volume": 11885.0, "trend": 9.295073, "fair_value": 8.736519, "relative_strength": -11.482701, "stage": 3, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.753099, "energy": 41.062648, "activity_lines": [ 9.23378, 9.236848, 9.242832, 9.266241 ] }, { "date": "2026-07-10", "close": 9.223061, "volume": 5600, "typical_volume": 10240.0, "trend": 9.292095, "fair_value": 8.74519, "relative_strength": -11.090566, "stage": 3, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -57.724991, "energy": 42.557392, "activity_lines": [ 9.227187, 9.23548, 9.239516, 9.261595 ] }, { "date": "2026-07-17", "close": 9.242939, "volume": 13400, "typical_volume": 9830.0, "trend": 9.288658, "fair_value": 8.754156, "relative_strength": -10.362235, "stage": 3, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -51.114076, "energy": 33.954317, "activity_lines": [ 9.230019, 9.237134, 9.238728, 9.258424 ] }, { "date": "2026-07-24", "close": 9.24, "volume": 7100, "typical_volume": 9390.0, "trend": 9.2861, "fair_value": 8.762767, "relative_strength": -10.234445, "stage": 3, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -49.002515, "energy": 30.435639, "activity_lines": [ 9.234008, 9.237482, 9.237968, 9.255284 ] }, { "date": "2026-07-31", "close": 9.24, "volume": 7700, "typical_volume": 7315.0, "trend": 9.28224, "fair_value": 8.771378, "relative_strength": -9.408475, "stage": 3, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -44.434453, "energy": 23.094078, "activity_lines": [ 9.236537, 9.237289, 9.237528, 9.25231 ] }, { "date": "2026-08-07", "close": 9.25, "volume": 4300, "typical_volume": 5140.0, "trend": 9.278713, "fair_value": 8.77994, "relative_strength": -11.741524, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -21.88678, "energy": 11.84828, "activity_lines": [ 9.242596, 9.238648, 9.238315, 9.25023 ] } ], "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." } } }