{ "ticker": { "uuid": "303d03ca-8f50-4088-bbac-41aa9b01726a", "symbol": "JHS", "name": "John Hancock Income Securities Trust", "exchange": "NYSE", "country": "US", "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": "SPY", "stage": 4, "stage_name": "Declining", "phase": "4c", "phase_label": "Stage 4C \u00b7 Repair watch", "transition": "stage_4_to_1_watch", "transition_label": "Stage 4 \u2192 1 repair watch", "confidence": 68.159, "architecture_regime": "balance", "architecture_regime_label": "Balance", "architecture_modifier": "Balance after decline", "architecture_gate": "down", "architecture_direction": -41.86, "architecture_energy": 23.199, "architecture_maturity": 12.957, "architecture_confidence": 74.238, "architecture_tenure": "Developing", "architecture": { "interpretation": { "headline": "Directional pressure has compressed into balance.", "body": "Trend and Activity are compressed into balance, so neither side has durable control. Prior structure and the next directional change provide context; balance alone is not assumed to be a base." }, "scores": { "balance": 57.77, "rotation_up": 18.87, "upward_expansion": 3.74, "deceleration": 46.37, "rotation_down": 41.47, "downward_expansion": 67.74 }, "activity_lines": [ 10.923333, 10.941226, 10.950698, 10.967561 ], "activity_state": "Compressed", "activity_direction": "Stable", "rotation_direction": "Weakening", "price_acceptance": 0.0 }, "latest_close": 10.94, "trend_reference": 11.043512, "distance_from_trend": -0.009373, "trend_direction": "Weakening", "fair_value": 10.377342, "distance_from_fair_value": 0.05422, "fair_value_direction": "Weakening", "relative_strength": -12.304805, "relative_strength_direction": "Weakening", "price_momentum": -0.038343, "excess_performance": -0.163968, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.009373, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.008412, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.05422, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.022455, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.123048, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.01192, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.038343, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.63763, "read": "Supply-led" } ], "volume": { "latest": 71234, "relative_activity": 0.984567, "balance": 0.63763, "dry_up": 0.603067, "accumulation_observations": 0, "distribution_observations": 2 }, "risk": { "range_context": 0.015662, "annualized_volatility": 0.076648, "from_high_reference": -0.056137, "from_low_reference": 0.032895 }, "levels": { "trend_reference": 11.043512, "fair_value_reference": 10.377342, "structural_low": 10.591592, "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": 17, "median_return": -0.008167, "positive_rate": 0.411765, "directional_follow_through": 0.411765, "median_excess_return": -0.010631, "regime_survival": 0.588235, "best_return": 0.041787, "worst_return": -0.075333, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 7, "median_return": 0.005272, "positive_rate": 0.571429, "directional_follow_through": 0.571429, "median_excess_return": -0.016191, "regime_survival": 0.142857, "best_return": 0.077366, "worst_return": -0.095331, "sufficient": true }, { "horizon": "Extended", "sample_count": 5, "median_return": 0.027898, "positive_rate": 0.6, "directional_follow_through": 0.6, "median_excess_return": -0.046866, "regime_survival": 0.0, "best_return": 0.053465, "worst_return": -0.132591, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 4, "median_return": 0.034276, "positive_rate": 0.75, "directional_follow_through": 0.75, "median_excess_return": -0.154365, "regime_survival": 0.25, "best_return": 0.084999, "worst_return": -0.303927, "sufficient": false } ], "ledger": [ { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-01-19", "end": "2024-02-23", "tenure": "Developing", "return": -0.010064, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-03-01", "end": "2024-03-22", "tenure": "New", "return": 0.037376, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-03-29", "end": "2024-06-21", "tenure": "Established", "return": -0.019198, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-06-28", "end": "2024-07-19", "tenure": "New", "return": 0.022936, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-07-26", "end": "2024-11-01", "tenure": "Established", "return": 0.027994, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-11-08", "end": "2025-01-17", "tenure": "Developing", "return": -0.011488, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-01-24", "end": "2025-07-04", "tenure": "Established", "return": 0.040224, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-07-11", "end": "2025-11-07", "tenure": "Established", "return": 0.039361, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-11-14", "end": "2025-12-05", "tenure": "New", "return": 0.005186, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-12-12", "end": "2026-02-20", "tenure": "Developing", "return": 0.018325, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-02-27", "end": "2026-03-13", "tenure": "New", "return": -0.033028, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2026-03-20", "end": "2026-03-27", "tenure": "New", "return": -0.01104, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-04-03", "end": "2026-06-26", "tenure": "Established", "return": 0.013089, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-07-03", "end": "2026-08-07", "tenure": "Developing", "return": -0.00726, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 9.201918, "volume": 99255, "typical_volume": 103057.2, "trend": 9.371623, "fair_value": 10.658228, "relative_strength": -8.575027, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -53.49326, "energy": 21.338467, "activity_lines": [ 9.293994, 9.300796, 9.303456, 9.321438 ] }, { "date": "2023-08-25", "close": 9.245079, "volume": 62286, "typical_volume": 99567.0, "trend": 9.356915, "fair_value": 10.647074, "relative_strength": -8.611513, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -48.873367, "energy": 29.021559, "activity_lines": [ 9.269824, 9.291536, 9.295554, 9.313274 ] }, { "date": "2023-09-01", "close": 9.28824, "volume": 77674, "typical_volume": 99487.05, "trend": 9.336859, "fair_value": 10.636429, "relative_strength": -10.141687, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -44.880736, "energy": 30.422043, "activity_lines": [ 9.265796, 9.290437, 9.293113, 9.308843 ] }, { "date": "2023-09-08", "close": 9.250949, "volume": 46564, "typical_volume": 97125.35, "trend": 9.32178, "fair_value": 10.624956, "relative_strength": -9.133001, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -49.711369, "energy": 34.564978, "activity_lines": [ 9.25797, 9.282087, 9.288022, 9.3033 ] }, { "date": "2023-09-15", "close": 9.198732, "volume": 49437, "typical_volume": 91002.1, "trend": 9.309768, "fair_value": 10.611411, "relative_strength": -9.233384, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -54.888009, "energy": 37.773546, "activity_lines": [ 9.23695, 9.265079, 9.278506, 9.295362 ] }, { "date": "2023-09-22", "close": 9.007274, "volume": 42629, "typical_volume": 84740.05, "trend": 9.299855, "fair_value": 10.596593, "relative_strength": -8.145192, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -75.133309, "energy": 58.617757, "activity_lines": [ 9.16038, 9.213945, 9.251757, 9.275846 ] }, { "date": "2023-09-29", "close": 8.928949, "volume": 84490, "typical_volume": 84997.95, "trend": 9.288179, "fair_value": 10.581554, "relative_strength": -7.995529, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -78.034433, "energy": 71.619318, "activity_lines": [ 9.070678, 9.15415, 9.219379, 9.251917 ] }, { "date": "2023-10-06", "close": 8.772301, "volume": 86179, "typical_volume": 85528.1, "trend": 9.273802, "fair_value": 10.56645, "relative_strength": -9.711053, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -84.698014, "energy": 83.426896, "activity_lines": [ 8.949836, 9.073191, 9.174002, 9.218634 ] }, { "date": "2023-10-13", "close": 8.859328, "volume": 103935, "typical_volume": 84740.7, "trend": 9.259188, "fair_value": 10.551528, "relative_strength": -8.937858, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -72.01298, "energy": 82.412082, "activity_lines": [ 8.892398, 9.01979, 9.139252, 9.191894 ] }, { "date": "2023-10-20", "close": 8.57214, "volume": 65804, "typical_volume": 85367.7, "trend": 9.234147, "fair_value": 10.534859, "relative_strength": -9.539688, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -88.522884, "energy": 91.420085, "activity_lines": [ 8.765339, 8.922442, 9.078871, 9.147568 ] }, { "date": "2023-10-27", "close": 8.519923, "volume": 42533, "typical_volume": 81860.9, "trend": 9.206794, "fair_value": 10.517029, "relative_strength": -7.624816, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -84.956037, "energy": 92.97349, "activity_lines": [ 8.662647, 8.829248, 9.017055, 9.101489 ] }, { "date": "2023-11-03", "close": 8.876733, "volume": 59870, "typical_volume": 77171.9, "trend": 9.185063, "fair_value": 10.500106, "relative_strength": -8.82017, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.770962, "energy": 70.557286, "activity_lines": [ 8.711382, 8.813328, 8.99292, 9.080195 ] }, { "date": "2023-11-10", "close": 8.841923, "volume": 119470, "typical_volume": 78751.15, "trend": 9.163882, "fair_value": 10.483031, "relative_strength": -10.180896, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.142782, "energy": 51.467835, "activity_lines": [ 8.751995, 8.797776, 8.967306, 9.058057 ] }, { "date": "2023-11-17", "close": 9.015976, "volume": 77939, "typical_volume": 77363.8, "trend": 9.152209, "fair_value": 10.466767, "relative_strength": -10.222668, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -44.776861, "energy": 31.488642, "activity_lines": [ 8.845984, 8.821986, 8.96027, 9.048515 ] }, { "date": "2023-11-24", "close": 9.063841, "volume": 53803, "typical_volume": 76068.3, "trend": 9.140707, "fair_value": 10.450434, "relative_strength": -10.378173, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -30.138009, "energy": 23.83958, "activity_lines": [ 8.945484, 8.85917, 8.959131, 9.042814 ] }, { "date": "2023-12-01", "close": 9.303165, "volume": 140214, "typical_volume": 77264.35, "trend": 9.137751, "fair_value": 10.435306, "relative_strength": -8.531169, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -0.807672, "energy": 19.241024, "activity_lines": [ 9.09198, 8.94232, 8.981607, 9.053295 ] }, { "date": "2023-12-08", "close": 9.25765, "volume": 45734, "typical_volume": 75722.8, "trend": 9.135275, "fair_value": 10.41988, "relative_strength": -8.920907, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "mixed", "direction": 25.188026, "energy": 32.291138, "activity_lines": [ 9.171087, 9.011815, 8.999799, 9.06103 ] }, { "date": "2023-12-15", "close": 9.583561, "volume": 123377, "typical_volume": 78521.85, "trend": 9.145943, "fair_value": 10.4064, "relative_strength": -7.595575, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 43.890873, "energy": 50.665224, "activity_lines": [ 9.333437, 9.13459, 9.049383, 9.089952 ] }, { "date": "2023-12-22", "close": 9.530711, "volume": 107722, "typical_volume": 79490.15, "trend": 9.156276, "fair_value": 10.393107, "relative_strength": -8.60908, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 37.660901, "energy": 62.150019, "activity_lines": [ 9.428728, 9.233006, 9.093143, 9.114776 ] }, { "date": "2023-12-29", "close": 9.583561, "volume": 89148, "typical_volume": 78903.15, "trend": 9.165233, "fair_value": 10.379291, "relative_strength": -8.116715, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 37.981437, "energy": 66.518297, "activity_lines": [ 9.50732, 9.328824, 9.140905, 9.142342 ] }, { "date": "2024-01-05", "close": 9.618795, "volume": 65190, "typical_volume": 77199.9, "trend": 9.175964, "fair_value": 10.366993, "relative_strength": -5.986678, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 46.11658, "energy": 71.717673, "activity_lines": [ 9.563008, 9.412658, 9.190781, 9.171604 ] }, { "date": "2024-01-12", "close": 9.725377, "volume": 62740, "typical_volume": 77222.6, "trend": 9.191398, "fair_value": 10.355714, "relative_strength": -6.35021, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 76.410448, "energy": 81.433767, "activity_lines": [ 9.633182, 9.495892, 9.248822, 9.20705 ] }, { "date": "2024-01-19", "close": 9.627603, "volume": 89308, "typical_volume": 77804.3, "trend": 9.203574, "fair_value": 10.344094, "relative_strength": -7.991026, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.709087, "energy": 74.027176, "activity_lines": [ 9.639583, 9.545919, 9.295265, 9.235193 ] }, { "date": "2024-01-26", "close": 9.680454, "volume": 121480, "typical_volume": 81550.1, "trend": 9.21636, "fair_value": 10.331857, "relative_strength": -8.074083, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.258085, "energy": 69.14408, "activity_lines": [ 9.660664, 9.59127, 9.345125, 9.265959 ] }, { "date": "2024-02-02", "close": 9.733304, "volume": 112976, "typical_volume": 84727.05, "trend": 9.232922, "fair_value": 10.319097, "relative_strength": -8.49002, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 70.447581, "energy": 71.126538, "activity_lines": [ 9.68938, 9.634148, 9.397973, 9.29931 ] }, { "date": "2024-02-09", "close": 9.689262, "volume": 77677, "typical_volume": 86479.45, "trend": 9.245426, "fair_value": 10.304381, "relative_strength": -9.760985, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 63.051813, "energy": 61.241232, "activity_lines": [ 9.693431, 9.656847, 9.444081, 9.328752 ] }, { "date": "2024-02-16", "close": 9.59237, "volume": 97665, "typical_volume": 87138.2, "trend": 9.254125, "fair_value": 10.289181, "relative_strength": -9.987206, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 60.318906, "energy": 50.858133, "activity_lines": [ 9.660488, 9.654909, 9.477713, 9.351135 ] }, { "date": "2024-02-23", "close": 9.530711, "volume": 189861, "typical_volume": 92322.3, "trend": 9.257891, "fair_value": 10.27584, "relative_strength": -11.630913, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 46.41593, "energy": 38.427851, "activity_lines": [ 9.615859, 9.635675, 9.502315, 9.368979 ] }, { "date": "2024-03-01", "close": 9.504285, "volume": 530208, "typical_volume": 113635.95, "trend": 9.264229, "fair_value": 10.260991, "relative_strength": -12.355991, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 41.497444, "energy": 28.246757, "activity_lines": [ 9.56888, 9.612597, 9.520787, 9.384876 ] }, { "date": "2024-03-08", "close": 9.53027, "volume": 195078, "typical_volume": 120099.65, "trend": 9.271146, "fair_value": 10.24699, "relative_strength": -11.472206, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 35.897065, "energy": 23.847556, "activity_lines": [ 9.542308, 9.594724, 9.538664, 9.40204 ] }, { "date": "2024-03-15", "close": 9.70824, "volume": 294192, "typical_volume": 132682.6, "trend": 9.288024, "fair_value": 10.234712, "relative_strength": -9.34185, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 51.870001, "energy": 30.104596, "activity_lines": [ 9.588595, 9.610178, 9.568927, 9.430239 ] }, { "date": "2024-03-22", "close": 9.859514, "volume": 75788, "typical_volume": 133478.5, "trend": 9.308505, "fair_value": 10.223985, "relative_strength": -9.526509, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 75.12122, "energy": 49.085242, "activity_lines": [ 9.684041, 9.65151, 9.607939, 9.46711 ] }, { "date": "2024-03-29", "close": 9.948499, "volume": 107649, "typical_volume": 132887.45, "trend": 9.330513, "fair_value": 10.212374, "relative_strength": -8.687841, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 79.665023, "energy": 74.572791, "activity_lines": [ 9.79134, 9.706582, 9.650746, 9.5084 ] }, { "date": "2024-04-05", "close": 9.761631, "volume": 84176, "typical_volume": 133199.3, "trend": 9.347536, "fair_value": 10.20102, "relative_strength": -9.198982, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 60.733019, "energy": 67.3781, "activity_lines": [ 9.808496, 9.721844, 9.670486, 9.536214 ] }, { "date": "2024-04-12", "close": 9.574674, "volume": 85403, "typical_volume": 134779.3, "trend": 9.360068, "fair_value": 10.188176, "relative_strength": -9.231861, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 56.731075, "energy": 44.799912, "activity_lines": [ 9.746177, 9.701638, 9.66887, 9.550868 ] }, { "date": "2024-04-19", "close": 9.752732, "volume": 78385, "typical_volume": 131687.85, "trend": 9.384916, "fair_value": 10.175456, "relative_strength": -4.315059, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 55.965889, "energy": 37.608558, "activity_lines": [ 9.740251, 9.71669, 9.68178, 9.576201 ] }, { "date": "2024-04-26", "close": 9.806123, "volume": 89110, "typical_volume": 133856.65, "trend": 9.414155, "fair_value": 10.162836, "relative_strength": -5.949577, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 57.554267, "energy": 31.127759, "activity_lines": [ 9.749155, 9.740295, 9.697634, 9.603376 ] }, { "date": "2024-05-03", "close": 9.904006, "volume": 41559, "typical_volume": 129765.75, "trend": 9.451879, "fair_value": 10.149321, "relative_strength": -5.2431, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.357882, "energy": 36.701917, "activity_lines": [ 9.794246, 9.777811, 9.720198, 9.634979 ] }, { "date": "2024-05-10", "close": 10.23325, "volume": 171930, "typical_volume": 132976.15, "trend": 9.497676, "fair_value": 10.137889, "relative_strength": -3.58389, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 84.259043, "energy": 66.015139, "activity_lines": [ 9.952052, 9.868403, 9.772592, 9.68539 ] }, { "date": "2024-05-17", "close": 10.242148, "volume": 35959, "typical_volume": 130316.7, "trend": 9.553343, "fair_value": 10.127482, "relative_strength": -4.790263, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 81.097267, "energy": 81.948407, "activity_lines": [ 10.081382, 9.947358, 9.822489, 9.73342 ] }, { "date": "2024-05-24", "close": 10.046382, "volume": 58480, "typical_volume": 129981.2, "trend": 9.604225, "fair_value": 10.11432, "relative_strength": -6.315932, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 64.926431, "energy": 75.647681, "activity_lines": [ 10.100959, 9.977776, 9.850605, 9.765229 ] }, { "date": "2024-05-31", "close": 9.832729, "volume": 104018, "typical_volume": 132045.1, "trend": 9.636092, "fair_value": 10.0994, "relative_strength": -7.646747, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 60.136406, "energy": 57.357903, "activity_lines": [ 10.029742, 9.9632, 9.856337, 9.779971 ] }, { "date": "2024-06-07", "close": 9.752732, "volume": 116504, "typical_volume": 133404.9, "trend": 9.666452, "fair_value": 10.083997, "relative_strength": -9.219106, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 36.689552, "energy": 24.472839, "activity_lines": [ 9.930085, 9.934567, 9.853939, 9.787497 ] }, { "date": "2024-06-14", "close": 9.802475, "volume": 128544, "typical_volume": 133758.1, "trend": 9.692668, "fair_value": 10.070139, "relative_strength": -9.951084, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 30.387549, "energy": 19.557952, "activity_lines": [ 9.857093, 9.918537, 9.855683, 9.796272 ] }, { "date": "2024-06-21", "close": 9.757509, "volume": 185229, "typical_volume": 137370.75, "trend": 9.715791, "fair_value": 10.05614, "relative_strength": -10.615295, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 18.231513, "energy": 20.001209, "activity_lines": [ 9.797832, 9.893588, 9.852563, 9.800456 ] }, { "date": "2024-06-28", "close": 9.802475, "volume": 215284, "typical_volume": 144251.1, "trend": 9.732434, "fair_value": 10.040468, "relative_strength": -9.874049, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 19.880388, "energy": 19.404672, "activity_lines": [ 9.785869, 9.873491, 9.853611, 9.806048 ] }, { "date": "2024-07-05", "close": 9.910392, "volume": 85298, "typical_volume": 143632.75, "trend": 9.754192, "fair_value": 10.026174, "relative_strength": -10.292465, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 28.315168, "energy": 16.039744, "activity_lines": [ 9.826138, 9.872111, 9.864397, 9.817529 ] }, { "date": "2024-07-12", "close": 10.135219, "volume": 62585, "typical_volume": 137268.95, "trend": 9.772581, "fair_value": 10.013469, "relative_strength": -8.876608, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 59.95408, "energy": 29.322864, "activity_lines": [ 9.936172, 9.909713, 9.895081, 9.842112 ] }, { "date": "2024-07-19", "close": 10.027302, "volume": 52843, "typical_volume": 113400.7, "trend": 9.789134, "fair_value": 9.999581, "relative_strength": -7.802882, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 53.294733, "energy": 40.581358, "activity_lines": [ 9.984735, 9.923489, 9.912608, 9.858545 ] }, { "date": "2024-07-26", "close": 10.114265, "volume": 78812, "typical_volume": 107587.4, "trend": 9.806824, "fair_value": 9.98625, "relative_strength": -6.014086, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 60.882639, "energy": 55.80448, "activity_lines": [ 10.047297, 9.956822, 9.935927, 9.879521 ] }, { "date": "2024-08-02", "close": 10.36904, "volume": 56824, "typical_volume": 95719.0, "trend": 9.831832, "fair_value": 9.974406, "relative_strength": -1.398784, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 78.476531, "energy": 73.858829, "activity_lines": [ 10.171, 10.038802, 9.980729, 9.915793 ] }, { "date": "2024-08-09", "close": 10.189178, "volume": 47467, "typical_volume": 94302.95, "trend": 9.847292, "fair_value": 9.961703, "relative_strength": -2.927145, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 60.98029, "energy": 66.152579, "activity_lines": [ 10.196978, 10.082214, 10.005255, 9.938848 ] }, { "date": "2024-08-16", "close": 10.270116, "volume": 56483, "typical_volume": 91744.65, "trend": 9.86871, "fair_value": 9.949323, "relative_strength": -5.656791, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.333669, "energy": 69.016862, "activity_lines": [ 10.23135, 10.133861, 10.03592, 9.966127 ] }, { "date": "2024-08-23", "close": 10.315081, "volume": 73058, "typical_volume": 91188.75, "trend": 9.889864, "fair_value": 9.937378, "relative_strength": -6.290441, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.685967, "energy": 69.240247, "activity_lines": [ 10.271717, 10.184276, 10.069335, 9.994925 ] }, { "date": "2024-08-30", "close": 10.566978, "volume": 171991, "typical_volume": 95518.15, "trend": 9.917653, "fair_value": 9.927047, "relative_strength": -4.0654, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 82.476476, "energy": 77.120186, "activity_lines": [ 10.376864, 10.27117, 10.124106, 10.03861 ] }, { "date": "2024-09-06", "close": 10.48595, "volume": 75538, "typical_volume": 95375.8, "trend": 9.944209, "fair_value": 9.91418, "relative_strength": -0.530973, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 72.129846, "energy": 76.901249, "activity_lines": [ 10.424821, 10.328615, 10.166434, 10.075274 ] }, { "date": "2024-09-13", "close": 10.552679, "volume": 133838, "typical_volume": 97612.2, "trend": 9.97622, "fair_value": 9.90301, "relative_strength": -3.546172, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 73.54851, "energy": 80.720559, "activity_lines": [ 10.487227, 10.385765, 10.211625, 10.11453 ] }, { "date": "2024-09-20", "close": 10.524529, "volume": 93332, "typical_volume": 100200.85, "trend": 10.009347, "fair_value": 9.890812, "relative_strength": -4.899266, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.206692, "energy": 77.182526, "activity_lines": [ 10.516017, 10.42612, 10.250581, 10.149905 ] }, { "date": "2024-09-27", "close": 10.560851, "volume": 66699, "typical_volume": 94939.3, "trend": 10.044566, "fair_value": 9.880013, "relative_strength": -4.855987, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.657801, "energy": 65.819985, "activity_lines": [ 10.539952, 10.465999, 10.290041, 10.185486 ] }, { "date": "2024-10-04", "close": 10.506367, "volume": 73675, "typical_volume": 96825.1, "trend": 10.077102, "fair_value": 9.869758, "relative_strength": -5.374891, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.438892, "energy": 52.520702, "activity_lines": [ 10.529342, 10.486272, 10.322752, 10.21528 ] }, { "date": "2024-10-11", "close": 10.515448, "volume": 154027, "typical_volume": 101602.45, "trend": 10.104009, "fair_value": 9.859164, "relative_strength": -6.123147, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.017458, "energy": 49.30901, "activity_lines": [ 10.5258, 10.501067, 10.355069, 10.24356 ] }, { "date": "2024-10-18", "close": 10.615336, "volume": 122548, "typical_volume": 102528.95, "trend": 10.129203, "fair_value": 9.849657, "relative_strength": -5.812123, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.13284, "energy": 50.7885, "activity_lines": [ 10.553587, 10.531361, 10.394667, 10.276549 ] }, { "date": "2024-10-25", "close": 10.524529, "volume": 176664, "typical_volume": 105536.95, "trend": 10.148404, "fair_value": 9.840412, "relative_strength": -5.453873, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 57.331338, "energy": 42.977786, "activity_lines": [ 10.546928, 10.537397, 10.421889, 10.302054 ] }, { "date": "2024-11-01", "close": 10.397399, "volume": 20404, "typical_volume": 100129.95, "trend": 10.169596, "fair_value": 9.830004, "relative_strength": -5.050892, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 43.644517, "energy": 32.74763, "activity_lines": [ 10.497892, 10.515692, 10.433328, 10.318118 ] }, { "date": "2024-11-08", "close": 10.470135, "volume": 57159, "typical_volume": 93726.45, "trend": 10.199445, "fair_value": 9.820012, "relative_strength": -8.465884, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 39.320026, "energy": 27.113608, "activity_lines": [ 10.483999, 10.505715, 10.448862, 10.337508 ] }, { "date": "2024-11-15", "close": 10.388318, "volume": 27091, "typical_volume": 84316.8, "trend": 10.220631, "fair_value": 9.809695, "relative_strength": -7.015174, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 33.319407, "energy": 18.609314, "activity_lines": [ 10.445248, 10.482624, 10.45321, 10.349693 ] }, { "date": "2024-11-22", "close": 10.41556, "volume": 32685, "typical_volume": 81686.15, "trend": 10.240946, "fair_value": 9.799361, "relative_strength": -8.050157, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 29.730394, "energy": 18.862645, "activity_lines": [ 10.424054, 10.46626, 10.457363, 10.362269 ] }, { "date": "2024-11-29", "close": 10.433722, "volume": 46034, "typical_volume": 80858.6, "trend": 10.258603, "fair_value": 9.788888, "relative_strength": -8.668428, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 19.049673, "energy": 12.893779, "activity_lines": [ 10.422232, 10.455692, 10.460839, 10.374706 ] }, { "date": "2024-12-06", "close": 10.564938, "volume": 83172, "typical_volume": 82375.05, "trend": 10.269659, "fair_value": 9.778948, "relative_strength": -8.039635, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 34.595833, "energy": 17.384179, "activity_lines": [ 10.470202, 10.470632, 10.475392, 10.39447 ] }, { "date": "2024-12-13", "close": 10.553154, "volume": 24718, "typical_volume": 79670.35, "trend": 10.280026, "fair_value": 9.769033, "relative_strength": -7.298106, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 43.170977, "energy": 25.552162, "activity_lines": [ 10.503075, 10.483356, 10.486262, 10.41276 ] }, { "date": "2024-12-20", "close": 10.340612, "volume": 89762, "typical_volume": 81317.25, "trend": 10.289834, "fair_value": 9.757677, "relative_strength": -7.193431, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 22.198741, "energy": 14.086063, "activity_lines": [ 10.459566, 10.456584, 10.474799, 10.416668 ] }, { "date": "2024-12-27", "close": 10.326566, "volume": 23206, "typical_volume": 80104.2, "trend": 10.306295, "fair_value": 9.745135, "relative_strength": -7.631799, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 6.195819, "energy": 4.786633, "activity_lines": [ 10.414556, 10.430438, 10.462135, 10.419038 ] }, { "date": "2025-01-03", "close": 10.41454, "volume": 43926, "typical_volume": 79476.35, "trend": 10.328355, "fair_value": 9.736683, "relative_strength": -6.053116, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 13.861379, "energy": 10.836344, "activity_lines": [ 10.404803, 10.425538, 10.457194, 10.426022 ] }, { "date": "2025-01-10", "close": 10.248203, "volume": 39559, "typical_volume": 77801.4, "trend": 10.343213, "fair_value": 9.727216, "relative_strength": -5.436295, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -20.334715, "energy": 20.338204, "activity_lines": [ 10.340883, 10.392394, 10.435725, 10.420851 ] }, { "date": "2025-01-17", "close": 10.349853, "volume": 41515, "typical_volume": 71277.6, "trend": 10.362958, "fair_value": 9.719677, "relative_strength": -6.952309, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -11.464069, "energy": 19.942874, "activity_lines": [ 10.331963, 10.380444, 10.424254, 10.421279 ] }, { "date": "2025-01-24", "close": 10.313629, "volume": 36724, "typical_volume": 69336.9, "trend": 10.379996, "fair_value": 9.713593, "relative_strength": -8.564847, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -23.93528, "energy": 25.500033, "activity_lines": [ 10.324521, 10.364096, 10.410368, 10.418096 ] }, { "date": "2025-01-31", "close": 10.349853, "volume": 76059, "typical_volume": 66447.95, "trend": 10.394645, "fair_value": 9.709069, "relative_strength": -7.041665, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -21.387596, "energy": 22.83766, "activity_lines": [ 10.330952, 10.355691, 10.400753, 10.416152 ] }, { "date": "2025-02-07", "close": 10.322131, "volume": 81516, "typical_volume": 65857.15, "trend": 10.400875, "fair_value": 9.705747, "relative_strength": -6.896504, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -21.284831, "energy": 15.743107, "activity_lines": [ 10.326591, 10.343441, 10.389462, 10.411473 ] }, { "date": "2025-02-14", "close": 10.391438, "volume": 101598, "typical_volume": 67602.1, "trend": 10.413013, "fair_value": 9.702716, "relative_strength": -7.412014, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -36.534149, "energy": 18.100651, "activity_lines": [ 10.351492, 10.345821, 10.385737, 10.410865 ] }, { "date": "2025-02-21", "close": 10.386817, "volume": 62161, "typical_volume": 67026.4, "trend": 10.422098, "fair_value": 9.700166, "relative_strength": -5.780845, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -33.218334, "energy": 14.592622, "activity_lines": [ 10.365304, 10.350515, 10.382378, 10.409174 ] }, { "date": "2025-02-28", "close": 10.548534, "volume": 142444, "typical_volume": 66447.25, "trend": 10.428081, "fair_value": 9.697682, "relative_strength": -3.28341, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 5.231761, "energy": 8.339642, "activity_lines": [ 10.430558, 10.387637, 10.39499, 10.417332 ] }, { "date": "2025-03-07", "close": 10.41454, "volume": 140822, "typical_volume": 67360.95, "trend": 10.435594, "fair_value": 9.696135, "relative_strength": -1.403933, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -14.183051, "energy": 12.7498, "activity_lines": [ 10.435486, 10.396616, 10.394683, 10.416458 ] }, { "date": "2025-03-14", "close": 10.481109, "volume": 90081, "typical_volume": 63031.8, "trend": 10.442627, "fair_value": 9.695015, "relative_strength": 1.601907, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 9.620096, "energy": 12.801631, "activity_lines": [ 10.458292, 10.416099, 10.401672, 10.419394 ] }, { "date": "2025-03-21", "close": 10.555907, "volume": 22554, "typical_volume": 63139.3, "trend": 10.450654, "fair_value": 9.695876, "relative_strength": 1.855498, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 20.471987, "energy": 25.168514, "activity_lines": [ 10.495432, 10.447971, 10.415991, 10.426703 ] }, { "date": "2025-03-28", "close": 10.565257, "volume": 36942, "typical_volume": 62128.45, "trend": 10.450597, "fair_value": 9.692602, "relative_strength": 3.49892, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 20.164844, "energy": 30.095782, "activity_lines": [ 10.524724, 10.475948, 10.430446, 10.434097 ] }, { "date": "2025-04-04", "close": 10.42501, "volume": 95775, "typical_volume": 65562.65, "trend": 10.448565, "fair_value": 9.691174, "relative_strength": 12.124071, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 10.994311, "energy": 18.174418, "activity_lines": [ 10.49537, 10.47451, 10.431092, 10.432446 ] }, { "date": "2025-04-11", "close": 10.103938, "volume": 79583, "typical_volume": 67907.55, "trend": 10.433607, "fair_value": 9.689656, "relative_strength": 2.843928, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -51.427968, "energy": 23.50696, "activity_lines": [ 10.367228, 10.41267, 10.400984, 10.410212 ] }, { "date": "2025-04-18", "close": 10.275413, "volume": 39102, "typical_volume": 67560.95, "trend": 10.425304, "fair_value": 9.688253, "relative_strength": 6.132687, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -48.980629, "energy": 30.468672, "activity_lines": [ 10.316951, 10.386478, 10.388691, 10.400006 ] }, { "date": "2025-04-25", "close": 10.607331, "volume": 41567, "typical_volume": 65480.7, "trend": 10.426853, "fair_value": 9.689392, "relative_strength": 4.770053, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -13.943333, "energy": 13.229927, "activity_lines": [ 10.391027, 10.421484, 10.408763, 10.411749 ] }, { "date": "2025-05-02", "close": 10.471852, "volume": 62171, "typical_volume": 67353.35, "trend": 10.425702, "fair_value": 9.692459, "relative_strength": 0.61, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 2.565693, "energy": 6.331253, "activity_lines": [ 10.416514, 10.427932, 10.415731, 10.414653 ] }, { "date": "2025-05-09", "close": 10.612006, "volume": 39729, "typical_volume": 64851.7, "trend": 10.428921, "fair_value": 9.696994, "relative_strength": 2.51106, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 26.543998, "energy": 21.39944, "activity_lines": [ 10.494946, 10.458317, 10.436434, 10.426672 ] }, { "date": "2025-05-16", "close": 10.546557, "volume": 20993, "typical_volume": 64741.05, "trend": 10.426628, "fair_value": 9.700902, "relative_strength": -3.053695, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 49.243827, "energy": 32.992927, "activity_lines": [ 10.539096, 10.475648, 10.449611, 10.434262 ] }, { "date": "2025-05-23", "close": 10.41566, "volume": 75747, "typical_volume": 66332.1, "trend": 10.422999, "fair_value": 9.703091, "relative_strength": -1.634971, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 43.22212, "energy": 30.617198, "activity_lines": [ 10.510105, 10.46678, 10.449274, 10.433554 ] }, { "date": "2025-05-30", "close": 10.546464, "volume": 90405, "typical_volume": 68874.4, "trend": 10.427968, "fair_value": 9.707568, "relative_strength": -2.035108, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 50.664282, "energy": 35.989828, "activity_lines": [ 10.515366, 10.482883, 10.46139, 10.441519 ] }, { "date": "2025-06-06", "close": 10.42501, "volume": 114270, "typical_volume": 72512.15, "trend": 10.426464, "fair_value": 9.712416, "relative_strength": -4.629179, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 39.892915, "energy": 16.872826, "activity_lines": [ 10.4842, 10.477076, 10.460518, 10.441329 ] }, { "date": "2025-06-13", "close": 10.484139, "volume": 89801, "typical_volume": 75166.0, "trend": 10.429658, "fair_value": 9.720899, "relative_strength": -3.670566, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 29.715353, "energy": 12.608726, "activity_lines": [ 10.475867, 10.48457, 10.464919, 10.445049 ] }, { "date": "2025-06-20", "close": 10.474668, "volume": 96250, "typical_volume": 76175.55, "trend": 10.431628, "fair_value": 9.728144, "relative_strength": -3.55035, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 28.943296, "energy": 12.134983, "activity_lines": [ 10.472901, 10.489267, 10.467607, 10.447953 ] }, { "date": "2025-06-27", "close": 10.635671, "volume": 56112, "typical_volume": 74905.35, "trend": 10.43836, "fair_value": 9.735866, "relative_strength": -5.259778, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 50.656845, "energy": 22.76097, "activity_lines": [ 10.528395, 10.516496, 10.485034, 10.461117 ] }, { "date": "2025-07-04", "close": 10.728485, "volume": 62356, "typical_volume": 72943.25, "trend": 10.443812, "fair_value": 9.744497, "relative_strength": -5.934431, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 60.256161, "energy": 45.564358, "activity_lines": [ 10.60016, 10.55405, 10.509807, 10.479835 ] }, { "date": "2025-07-11", "close": 10.61673, "volume": 30535, "typical_volume": 71361.95, "trend": 10.445931, "fair_value": 9.752044, "relative_strength": -6.529475, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 49.209176, "energy": 48.033524, "activity_lines": [ 10.622539, 10.569083, 10.522332, 10.490991 ] }, { "date": "2025-07-18", "close": 10.645142, "volume": 93647, "typical_volume": 68922.1, "trend": 10.456082, "fair_value": 9.758407, "relative_strength": -6.720046, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 53.924094, "energy": 53.317344, "activity_lines": [ 10.641606, 10.586647, 10.536468, 10.503843 ] }, { "date": "2025-07-25", "close": 10.692496, "volume": 45425, "typical_volume": 64152.25, "trend": 10.468279, "fair_value": 9.763814, "relative_strength": -7.507066, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 60.474423, "energy": 59.028216, "activity_lines": [ 10.665725, 10.612218, 10.554654, 10.519096 ] }, { "date": "2025-08-01", "close": 10.806145, "volume": 32498, "typical_volume": 61273.1, "trend": 10.481333, "fair_value": 9.770054, "relative_strength": -3.975631, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 70.804474, "energy": 61.837292, "activity_lines": [ 10.713205, 10.6558, 10.58234, 10.540894 ] }, { "date": "2025-08-08", "close": 10.853499, "volume": 45957, "typical_volume": 62443.25, "trend": 10.501509, "fair_value": 9.774864, "relative_strength": -5.662288, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 73.343429, "energy": 68.931307, "activity_lines": [ 10.765105, 10.700892, 10.612988, 10.564905 ] }, { "date": "2025-08-15", "close": 11.014502, "volume": 66385, "typical_volume": 63915.4, "trend": 10.523664, "fair_value": 9.78223, "relative_strength": -5.02842, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 82.756523, "energy": 81.112986, "activity_lines": [ 10.862338, 10.769674, 10.657553, 10.598001 ] }, { "date": "2025-08-22", "close": 10.910324, "volume": 35457, "typical_volume": 60899.5, "trend": 10.543554, "fair_value": 9.789768, "relative_strength": -6.031779, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 68.563522, "energy": 78.451441, "activity_lines": [ 10.898327, 10.808797, 10.690056, 10.622947 ] }, { "date": "2025-08-29", "close": 10.967148, "volume": 34570, "typical_volume": 58648.85, "trend": 10.564131, "fair_value": 9.798406, "relative_strength": -5.304163, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 71.627164, "energy": 79.964323, "activity_lines": [ 10.935579, 10.850503, 10.725661, 10.650275 ] }, { "date": "2025-09-05", "close": 10.995561, "volume": 66771, "typical_volume": 60032.3, "trend": 10.586578, "fair_value": 9.807901, "relative_strength": -5.109904, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 70.955598, "energy": 75.500891, "activity_lines": [ 10.963991, 10.88842, 10.759861, 10.678109 ] }, { "date": "2025-09-12", "close": 11.101728, "volume": 88921, "typical_volume": 62400.0, "trend": 10.610255, "fair_value": 9.819084, "relative_strength": -5.460224, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 77.789437, "energy": 71.743456, "activity_lines": [ 11.015165, 10.939098, 10.800742, 10.711345 ] }, { "date": "2025-09-19", "close": 11.183217, "volume": 85547, "typical_volume": 63568.8, "trend": 10.636801, "fair_value": 9.833072, "relative_strength": -5.736543, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 78.879716, "energy": 64.879729, "activity_lines": [ 11.076953, 10.997805, 10.847031, 10.74831 ] }, { "date": "2025-09-26", "close": 11.226359, "volume": 52318, "typical_volume": 64198.25, "trend": 10.659396, "fair_value": 9.848611, "relative_strength": -4.926014, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 77.306795, "energy": 69.941198, "activity_lines": [ 11.141874, 11.054056, 10.89404, 10.786346 ] }, { "date": "2025-10-03", "close": 11.307848, "volume": 45517, "typical_volume": 65424.45, "trend": 10.689173, "fair_value": 9.864407, "relative_strength": -5.123543, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 79.686568, "energy": 82.617724, "activity_lines": [ 11.21289, 11.114556, 10.945885, 10.828182 ] }, { "date": "2025-10-10", "close": 11.35099, "volume": 59521, "typical_volume": 64613.15, "trend": 10.718169, "fair_value": 9.882337, "relative_strength": -2.296917, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 76.398786, "energy": 75.490068, "activity_lines": [ 11.275572, 11.171712, 10.998214, 10.87088 ] }, { "date": "2025-10-17", "close": 11.37975, "volume": 29750, "typical_volume": 61580.4, "trend": 10.74563, "fair_value": 9.901301, "relative_strength": -3.595345, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 73.066526, "energy": 68.986563, "activity_lines": [ 11.324146, 11.224191, 11.048828, 10.913562 ] }, { "date": "2025-10-24", "close": 11.139692, "volume": 198957, "typical_volume": 65814.75, "trend": 10.764778, "fair_value": 9.916656, "relative_strength": -7.225425, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.694029, "energy": 50.767979, "activity_lines": [ 11.274166, 11.223454, 11.072611, 10.938986 ] }, { "date": "2025-10-31", "close": 11.063572, "volume": 57329, "typical_volume": 64191.15, "trend": 10.786063, "fair_value": 9.931417, "relative_strength": -8.289573, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 47.927951, "energy": 36.388545, "activity_lines": [ 11.201714, 11.206602, 11.085741, 10.958263 ] }, { "date": "2025-11-07", "close": 11.034619, "volume": 58089, "typical_volume": 62283.1, "trend": 10.817086, "fair_value": 9.944612, "relative_strength": -6.889235, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 39.963562, "energy": 23.495993, "activity_lines": [ 11.130463, 11.181698, 11.093354, 10.974299 ] }, { "date": "2025-11-14", "close": 11.092141, "volume": 59508, "typical_volume": 62452.9, "trend": 10.84431, "fair_value": 9.957379, "relative_strength": -6.390622, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 33.365229, "energy": 23.114669, "activity_lines": [ 11.096602, 11.166027, 11.10378, 10.992044 ] }, { "date": "2025-11-21", "close": 11.226359, "volume": 92668, "typical_volume": 63968.5, "trend": 10.864944, "fair_value": 9.970211, "relative_strength": -3.333081, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 39.746884, "energy": 22.06366, "activity_lines": [ 11.124737, 11.173003, 11.124814, 11.016692 ] }, { "date": "2025-11-28", "close": 11.37975, "volume": 11529, "typical_volume": 63018.2, "trend": 10.895208, "fair_value": 9.983283, "relative_strength": -5.414946, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 62.719024, "energy": 32.920019, "activity_lines": [ 11.214228, 11.205602, 11.158087, 11.049906 ] }, { "date": "2025-12-05", "close": 11.149663, "volume": 60187, "typical_volume": 61345.2, "trend": 10.91313, "fair_value": 9.996192, "relative_strength": -7.503635, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 47.965978, "energy": 29.20154, "activity_lines": [ 11.21102, 11.192794, 11.165812, 11.066322 ] }, { "date": "2025-12-12", "close": 11.161916, "volume": 252470, "typical_volume": 71697.45, "trend": 10.933642, "fair_value": 10.008455, "relative_strength": -6.735031, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 47.37205, "energy": 29.285702, "activity_lines": [ 11.206156, 11.183608, 11.172303, 11.082373 ] }, { "date": "2025-12-19", "close": 11.161916, "volume": 126821, "typical_volume": 76413.6, "trend": 10.958517, "fair_value": 10.021201, "relative_strength": -6.715394, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 45.107392, "energy": 25.404042, "activity_lines": [ 11.192806, 11.177075, 11.176558, 11.0971 ] }, { "date": "2025-12-26", "close": 11.249575, "volume": 271282, "typical_volume": 87679.85, "trend": 10.981954, "fair_value": 10.035409, "relative_strength": -7.178473, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 48.703549, "energy": 22.30937, "activity_lines": [ 11.204024, 11.189918, 11.187467, 11.115878 ] }, { "date": "2026-01-02", "close": 11.366454, "volume": 68568, "typical_volume": 87789.0, "trend": 11.013335, "fair_value": 10.047918, "relative_strength": -5.113157, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 57.777447, "energy": 29.822146, "activity_lines": [ 11.252654, 11.226379, 11.207621, 11.140685 ] }, { "date": "2026-01-09", "close": 11.395673, "volume": 45538, "typical_volume": 88293.05, "trend": 11.04372, "fair_value": 10.059202, "relative_strength": -6.214843, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 59.809774, "energy": 42.120821, "activity_lines": [ 11.31191, 11.264029, 11.228883, 11.165352 ] }, { "date": "2026-01-16", "close": 11.483332, "volume": 48467, "typical_volume": 88987.9, "trend": 11.077342, "fair_value": 10.070449, "relative_strength": -5.068202, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 67.340191, "energy": 61.074775, "activity_lines": [ 11.383985, 11.311579, 11.256181, 11.193714 ] }, { "date": "2026-01-23", "close": 11.434633, "volume": 36430, "typical_volume": 87470.85, "trend": 11.103974, "fair_value": 10.081656, "relative_strength": -5.077787, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 61.815417, "energy": 63.564545, "activity_lines": [ 11.4184, 11.342117, 11.276384, 11.216765 ] }, { "date": "2026-01-30", "close": 11.502812, "volume": 34767, "typical_volume": 84763.15, "trend": 11.129785, "fair_value": 10.091995, "relative_strength": -4.808677, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 67.161605, "energy": 65.987147, "activity_lines": [ 11.457359, 11.378823, 11.300989, 11.242496 ] }, { "date": "2026-02-06", "close": 11.376194, "volume": 77772, "typical_volume": 84374.4, "trend": 11.1551, "fair_value": 10.102719, "relative_strength": -5.577827, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 57.792493, "energy": 47.778584, "activity_lines": [ 11.43723, 11.387482, 11.311625, 11.258394 ] }, { "date": "2026-02-13", "close": 11.415153, "volume": 57060, "typical_volume": 84611.5, "trend": 11.180767, "fair_value": 10.114617, "relative_strength": -3.968926, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 53.794631, "energy": 33.90177, "activity_lines": [ 11.429438, 11.403288, 11.325053, 11.275171 ] }, { "date": "2026-02-20", "close": 11.366454, "volume": 23136, "typical_volume": 83492.45, "trend": 11.203233, "fair_value": 10.127833, "relative_strength": -5.336355, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 40.833083, "energy": 24.85582, "activity_lines": [ 11.404115, 11.405413, 11.332943, 11.287151 ] }, { "date": "2026-02-27", "close": 11.259315, "volume": 47815, "typical_volume": 82907.15, "trend": 11.218338, "fair_value": 10.140526, "relative_strength": -5.597081, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 29.042419, "energy": 14.96227, "activity_lines": [ 11.35087, 11.38434, 11.330351, 11.290769 ] }, { "date": "2026-03-06", "close": 10.986598, "volume": 169419, "typical_volume": 89890.6, "trend": 11.222775, "fair_value": 10.151955, "relative_strength": -5.815399, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -20.516603, "energy": 20.935473, "activity_lines": [ 11.218407, 11.31191, 11.302223, 11.275818 ] }, { "date": "2026-03-13", "close": 10.887447, "volume": 124081, "typical_volume": 86146.8, "trend": 11.21854, "fair_value": 10.162146, "relative_strength": -4.990488, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -38.952346, "energy": 44.454979, "activity_lines": [ 11.087309, 11.226235, 11.266523, 11.254184 ] }, { "date": "2026-03-20", "close": 10.719796, "volume": 68249, "typical_volume": 86692.8, "trend": 11.212189, "fair_value": 10.171097, "relative_strength": -4.484121, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -55.985287, "energy": 71.73963, "activity_lines": [ 10.93291, 11.118787, 11.216058, 11.222007 ] }, { "date": "2026-03-27", "close": 10.601454, "volume": 117575, "typical_volume": 89667.1, "trend": 11.199999, "fair_value": 10.17918, "relative_strength": -3.110896, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -84.576913, "energy": 88.872935, "activity_lines": [ 10.78542, 11.00211, 11.15596, 11.182605 ] }, { "date": "2026-04-03", "close": 10.838137, "volume": 85380, "typical_volume": 90960.7, "trend": 11.194752, "fair_value": 10.187574, "relative_strength": -3.765486, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.279555, "energy": 80.255056, "activity_lines": [ 10.767825, 10.944502, 11.120465, 11.159259 ] }, { "date": "2026-04-10", "close": 10.966341, "volume": 25083, "typical_volume": 87581.45, "trend": 11.190239, "fair_value": 10.197119, "relative_strength": -5.69664, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.906076, "energy": 69.126658, "activity_lines": [ 10.821044, 10.921048, 11.09839, 11.144523 ] }, { "date": "2026-04-17", "close": 11.158647, "volume": 33464, "typical_volume": 88678.2, "trend": 11.18942, "fair_value": 10.208609, "relative_strength": -7.770865, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -52.426642, "energy": 36.209009, "activity_lines": [ 10.939714, 10.942313, 11.095867, 11.142485 ] }, { "date": "2026-04-24", "close": 11.040305, "volume": 175570, "typical_volume": 94447.35, "trend": 11.183218, "fair_value": 10.219067, "relative_strength": -8.820879, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -36.39309, "energy": 20.672843, "activity_lines": [ 11.000858, 10.946017, 11.083127, 11.132864 ] }, { "date": "2026-05-01", "close": 11.01565, "volume": 106252, "typical_volume": 87136.45, "trend": 11.173478, "fair_value": 10.229476, "relative_strength": -9.522462, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -31.262652, "energy": 22.588295, "activity_lines": [ 11.032415, 10.952053, 11.06856, 11.122053 ] }, { "date": "2026-05-08", "close": 11.025512, "volume": 225814, "typical_volume": 92086.1, "trend": 11.162629, "fair_value": 10.240332, "relative_strength": -11.112829, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -28.620836, "energy": 21.288835, "activity_lines": [ 11.039647, 10.966261, 11.055628, 11.112507 ] }, { "date": "2026-05-15", "close": 10.857861, "volume": 33294, "typical_volume": 80186.7, "trend": 11.145232, "fair_value": 10.250553, "relative_strength": -12.320753, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -44.38049, "energy": 22.949976, "activity_lines": [ 10.978504, 10.954238, 11.027379, 11.092845 ] }, { "date": "2026-05-22", "close": 10.966341, "volume": 26690, "typical_volume": 78092.8, "trend": 11.139454, "fair_value": 10.261742, "relative_strength": -11.860608, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -44.229904, "energy": 24.600161, "activity_lines": [ 10.960753, 10.964279, 11.011327, 11.081303 ] }, { "date": "2026-05-29", "close": 10.995927, "volume": 33071, "typical_volume": 77469.45, "trend": 11.137199, "fair_value": 10.272519, "relative_strength": -12.529995, "stage": 3, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -44.452117, "energy": 24.542848, "activity_lines": [ 10.965684, 10.978265, 10.999998, 11.072044 ] }, { "date": "2026-06-05", "close": 10.887447, "volume": 62060, "typical_volume": 78149.1, "trend": 11.132293, "fair_value": 10.282715, "relative_strength": -10.877375, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -52.842881, "energy": 30.877563, "activity_lines": [ 10.937413, 10.967507, 10.980241, 11.055931 ] }, { "date": "2026-06-12", "close": 10.87, "volume": 124545, "typical_volume": 82554.85, "trend": 11.124889, "fair_value": 10.29302, "relative_strength": -11.203568, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -52.80814, "energy": 29.729078, "activity_lines": [ 10.911874, 10.948376, 10.96166, 11.039008 ] }, { "date": "2026-06-19", "close": 10.99, "volume": 55464, "typical_volume": 83589.7, "trend": 11.11701, "fair_value": 10.304095, "relative_strength": -10.727958, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -46.411097, "energy": 24.948649, "activity_lines": [ 10.936702, 10.950485, 10.957196, 11.030306 ] }, { "date": "2026-06-26", "close": 10.98, "volume": 78848, "typical_volume": 83643.5, "trend": 11.103685, "fair_value": 10.314884, "relative_strength": -8.378268, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -44.234394, "energy": 23.439765, "activity_lines": [ 10.949388, 10.950345, 10.954222, 11.021467 ] }, { "date": "2026-07-03", "close": 11.02, "volume": 47645, "typical_volume": 83172.75, "trend": 11.099363, "fair_value": 10.326317, "relative_strength": -9.724785, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -21.194782, "energy": 11.35213, "activity_lines": [ 10.974496, 10.960726, 10.956944, 11.016068 ] }, { "date": "2026-07-10", "close": 10.99, "volume": 41728, "typical_volume": 84102.35, "trend": 11.093632, "fair_value": 10.33706, "relative_strength": -10.90577, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -18.810313, "energy": 11.468312, "activity_lines": [ 10.988, 10.966022, 10.958691, 11.009012 ] }, { "date": "2026-07-17", "close": 10.96, "volume": 26611, "typical_volume": 83042.15, "trend": 11.086902, "fair_value": 10.3475, "relative_strength": -9.499054, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -17.71727, "energy": 9.672023, "activity_lines": [ 10.984667, 10.966329, 10.959373, 11.00039 ] }, { "date": "2026-07-24", "close": 10.84, "volume": 46850, "typical_volume": 76913.7, "trend": 11.073249, "fair_value": 10.356617, "relative_strength": -9.716836, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -51.758746, "energy": 22.956005, "activity_lines": [ 10.935333, 10.94601, 10.950051, 10.984461 ] }, { "date": "2026-07-31", "close": 10.93, "volume": 29834, "typical_volume": 72201.35, "trend": 11.058701, "fair_value": 10.366975, "relative_strength": -9.639698, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -41.244279, "energy": 21.807428, "activity_lines": [ 10.926, 10.942379, 10.95, 10.975219 ] }, { "date": "2026-08-07", "close": 10.94, "volume": 71234, "typical_volume": 72350.6, "trend": 11.043512, "fair_value": 10.377342, "relative_strength": -12.304805, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -41.860039, "energy": 23.199176, "activity_lines": [ 10.923333, 10.941226, 10.950698, 10.967561 ] } ], "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." } } }