{ "ticker": { "uuid": "317282f4-3440-4636-9fd2-1c81987a1f47", "symbol": "ISFA", "name": "iShares Core FTSE 100 UCITS ETF GBP (Dist)", "exchange": "AMS", "country": "NL", "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": "^AEX", "stage": 2, "stage_name": "Advancing", "phase": "2b", "phase_label": "Stage 2B \u00b7 Advancing", "transition": "stage_2_healthy", "transition_label": "Stage 2 trend intact", "confidence": 83.871, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Early expansion", "architecture_gate": "up", "architecture_direction": 77.68, "architecture_energy": 84.678, "architecture_maturity": 14.572, "architecture_confidence": 70.344, "architecture_tenure": "Developing", "architecture": { "interpretation": { "headline": "The weekly architecture is expanding upward.", "body": "Trend and Activity show sustained positive alignment with constructive price acceptance. Directional energy remains positive; cooling within this regime can indicate that it is maturing." }, "scores": { "balance": 2.94, "rotation_up": 82.92, "upward_expansion": 97.41, "deceleration": 39.17, "rotation_down": 9.28, "downward_expansion": 19.41 }, "activity_lines": [ 12.3208, 12.167798, 11.968149, 11.869015 ], "activity_state": "Wide", "activity_direction": "Expanding", "rotation_direction": "Improving", "price_acceptance": 1.0 }, "latest_close": 12.425, "trend_reference": 11.753351, "distance_from_trend": 0.057145, "trend_direction": "Improving", "fair_value": 9.669988, "distance_from_fair_value": 0.284903, "fair_value_direction": "Improving", "relative_strength": -1.386756, "relative_strength_direction": "Weakening", "price_momentum": 0.072951, "excess_performance": -0.043711, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.057145, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.035844, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.284903, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.053279, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.013868, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.016248, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.072951, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 1.660014, "read": "Demand-led" } ], "volume": { "latest": 259541, "relative_activity": 1.162125, "balance": 1.660014, "dry_up": 1.430066, "accumulation_observations": 5, "distribution_observations": 3 }, "risk": { "range_context": 0.020175, "annualized_volatility": 0.131011, "from_high_reference": -0.006477, "from_low_reference": 0.232628 }, "levels": { "trend_reference": 11.753351, "fair_value_reference": 9.669988, "structural_low": 10.921, "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 45, "median_return": 0.00925, "positive_rate": 0.6, "directional_follow_through": 0.6, "median_excess_return": 0.006493, "regime_survival": 0.8, "best_return": 0.065568, "worst_return": -0.10065, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 16, "median_return": 0.029337, "positive_rate": 0.9375, "directional_follow_through": 0.9375, "median_excess_return": 0.010097, "regime_survival": 0.75, "best_return": 0.07574, "worst_return": -0.067143, "sufficient": true }, { "horizon": "Extended", "sample_count": 8, "median_return": 0.068459, "positive_rate": 0.875, "directional_follow_through": 0.875, "median_excess_return": 0.02683, "regime_survival": 0.625, "best_return": 0.114353, "worst_return": -0.028628, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 4, "median_return": 0.130684, "positive_rate": 1.0, "directional_follow_through": 1.0, "median_excess_return": 0.067568, "regime_survival": 0.75, "best_return": 0.215018, "worst_return": 0.017991, "sufficient": false } ], "ledger": [ { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2023-12-22", "end": "2024-06-28", "tenure": "Extended", "return": 0.10159, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-07-05", "end": "2024-07-12", "tenure": "New", "return": 0.014542, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-07-19", "end": "2024-08-02", "tenure": "New", "return": -0.010522, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-08-09", "end": "2024-08-23", "tenure": "New", "return": 0.034342, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-08-30", "end": "2025-03-28", "tenure": "Extended", "return": 0.060611, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-04-04", "end": "2025-04-25", "tenure": "New", "return": 0.046147, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-05-02", "end": "2025-05-30", "tenure": "Developing", "return": 0.037336, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-06-06", "end": "2025-07-04", "tenure": "Developing", "return": -0.025853, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-07-11", "end": "2025-07-25", "tenure": "New", "return": 0.010531, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-08-01", "end": "2026-03-20", "tenure": "Extended", "return": 0.121728, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-03-27", "end": "2026-04-17", "tenure": "New", "return": 0.054026, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-04-24", "end": "2026-05-08", "tenure": "New", "return": -0.010465, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-05-15", "end": "2026-07-03", "tenure": "Developing", "return": 0.05664, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-07-10", "end": "2026-08-07", "tenure": "Developing", "return": 0.034296, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 7.608367, "volume": 34815, "typical_volume": 73333.3, "trend": 7.760472, "fair_value": 7.018253, "relative_strength": -0.21024, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -16.636613, "energy": 8.174029, "activity_lines": [ 7.757865, 7.76267, 7.790147, 7.778013 ] }, { "date": "2023-08-25", "close": 7.671164, "volume": 42020, "typical_volume": 72247.05, "trend": 7.75967, "fair_value": 7.032912, "relative_strength": 0.892578, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -13.244494, "energy": 20.819822, "activity_lines": [ 7.713756, 7.744137, 7.777092, 7.772251 ] }, { "date": "2023-09-01", "close": 7.817689, "volume": 254482, "typical_volume": 84400.3, "trend": 7.764705, "fair_value": 7.049481, "relative_strength": 1.117152, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -1.399932, "energy": 11.288783, "activity_lines": [ 7.731169, 7.757242, 7.77835, 7.775994 ] }, { "date": "2023-09-08", "close": 7.805857, "volume": 97245, "typical_volume": 87041.05, "trend": 7.766609, "fair_value": 7.065869, "relative_strength": 1.941822, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -9.947925, "energy": 10.017941, "activity_lines": [ 7.75471, 7.766575, 7.778552, 7.778649 ] }, { "date": "2023-09-15", "close": 8.047623, "volume": 85625, "typical_volume": 86442.6, "trend": 7.773658, "fair_value": 7.08359, "relative_strength": 4.736625, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 62.676091, "energy": 36.6304, "activity_lines": [ 7.857687, 7.819418, 7.802091, 7.796779 ] }, { "date": "2023-09-22", "close": 7.927044, "volume": 14649, "typical_volume": 84575.2, "trend": 7.778323, "fair_value": 7.101406, "relative_strength": 4.749003, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 52.877482, "energy": 41.695352, "activity_lines": [ 7.903322, 7.841176, 7.813371, 7.806675 ] }, { "date": "2023-09-29", "close": 7.895746, "volume": 27422, "typical_volume": 81071.8, "trend": 7.779743, "fair_value": 7.118284, "relative_strength": 4.479081, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 51.761502, "energy": 45.623822, "activity_lines": [ 7.917279, 7.853369, 7.821344, 7.81425 ] }, { "date": "2023-10-06", "close": 7.784371, "volume": 77339, "typical_volume": 78034.7, "trend": 7.783578, "fair_value": 7.13388, "relative_strength": 3.28805, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 45.220791, "energy": 37.295582, "activity_lines": [ 7.879138, 7.844688, 7.81852, 7.814549 ] }, { "date": "2023-10-13", "close": 7.893906, "volume": 78140, "typical_volume": 79033.5, "trend": 7.801687, "fair_value": 7.150641, "relative_strength": 3.733274, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 47.888852, "energy": 23.876149, "activity_lines": [ 7.879731, 7.859274, 7.826777, 7.821667 ] }, { "date": "2023-10-20", "close": 7.636175, "volume": 104879, "typical_volume": 82425.85, "trend": 7.809858, "fair_value": 7.166124, "relative_strength": 2.807689, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -17.540658, "energy": 12.516664, "activity_lines": [ 7.788543, 7.825085, 7.809935, 7.810989 ] }, { "date": "2023-10-27", "close": 7.522959, "volume": 244134, "typical_volume": 93387.55, "trend": 7.805579, "fair_value": 7.182135, "relative_strength": 1.589834, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -65.66443, "energy": 40.563797, "activity_lines": [ 7.687047, 7.773115, 7.783302, 7.792479 ] }, { "date": "2023-11-03", "close": 7.678517, "volume": 64030, "typical_volume": 93242.9, "trend": 7.803314, "fair_value": 7.197353, "relative_strength": 0.651138, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -51.326745, "energy": 48.051665, "activity_lines": [ 7.664342, 7.750981, 7.773002, 7.784282 ] }, { "date": "2023-11-10", "close": 7.578186, "volume": 50809, "typical_volume": 89802.35, "trend": 7.794833, "fair_value": 7.20943, "relative_strength": -1.968805, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.23768, "energy": 59.728432, "activity_lines": [ 7.622675, 7.710471, 7.754419, 7.769757 ] }, { "date": "2023-11-17", "close": 7.719018, "volume": 84984, "typical_volume": 89238.4, "trend": 7.78976, "fair_value": 7.221968, "relative_strength": -1.731468, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -52.26195, "energy": 52.063481, "activity_lines": [ 7.641699, 7.699922, 7.749966, 7.764866 ] }, { "date": "2023-11-24", "close": 7.792654, "volume": 35220, "typical_volume": 87332.2, "trend": 7.786693, "fair_value": 7.235046, "relative_strength": -1.655257, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -42.639073, "energy": 22.661469, "activity_lines": [ 7.696926, 7.70434, 7.752821, 7.765053 ] }, { "date": "2023-12-01", "close": 7.918759, "volume": 103360, "typical_volume": 83005.6, "trend": 7.788697, "fair_value": 7.247969, "relative_strength": -0.760191, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -10.938484, "energy": 9.411247, "activity_lines": [ 7.783757, 7.736322, 7.766502, 7.773573 ] }, { "date": "2023-12-08", "close": 7.947293, "volume": 122547, "typical_volume": 86472.15, "trend": 7.791741, "fair_value": 7.261759, "relative_strength": -1.682315, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 13.975718, "energy": 20.99597, "activity_lines": [ 7.853712, 7.773643, 7.781924, 7.783805 ] }, { "date": "2023-12-15", "close": 7.96121, "volume": 270424, "typical_volume": 94866.2, "trend": 7.793096, "fair_value": 7.275242, "relative_strength": -2.842331, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 60.61595, "energy": 43.581202, "activity_lines": [ 7.910388, 7.812557, 7.798263, 7.794738 ] }, { "date": "2023-12-22", "close": 8.051225, "volume": 591099, "typical_volume": 120244.1, "trend": 7.802207, "fair_value": 7.289089, "relative_strength": -0.725328, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 70.346578, "energy": 66.979281, "activity_lines": [ 7.971534, 7.864622, 7.823211, 7.811392 ] }, { "date": "2023-12-29", "close": 8.025242, "volume": 137467, "typical_volume": 126034.5, "trend": 7.808239, "fair_value": 7.303008, "relative_strength": -1.145948, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.815421, "energy": 68.433135, "activity_lines": [ 8.001872, 7.909102, 7.844433, 7.825781 ] }, { "date": "2024-01-05", "close": 8.066073, "volume": 76898, "typical_volume": 128138.65, "trend": 7.815722, "fair_value": 7.315013, "relative_strength": 0.418738, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 68.934618, "energy": 70.479856, "activity_lines": [ 8.030315, 7.953933, 7.868426, 7.842416 ] }, { "date": "2024-01-12", "close": 8.015963, "volume": 105364, "typical_volume": 131305.85, "trend": 7.818054, "fair_value": 7.326929, "relative_strength": -0.599573, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 62.01445, "energy": 63.690782, "activity_lines": [ 8.032233, 7.979777, 7.885466, 7.855335 ] }, { "date": "2024-01-19", "close": 7.856347, "volume": 432449, "typical_volume": 140204.2, "trend": 7.822315, "fair_value": 7.338114, "relative_strength": -2.141398, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 54.516336, "energy": 36.289014, "activity_lines": [ 7.976368, 7.970465, 7.885664, 7.857805 ] }, { "date": "2024-01-26", "close": 8.09484, "volume": 186780, "typical_volume": 144680.95, "trend": 7.832767, "fair_value": 7.352299, "relative_strength": -3.897897, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.068795, "energy": 40.154355, "activity_lines": [ 8.006991, 7.999458, 7.90839, 7.875387 ] }, { "date": "2024-02-02", "close": 8.062362, "volume": 636824, "typical_volume": 172240.9, "trend": 7.850054, "fair_value": 7.365387, "relative_strength": -4.79915, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 60.198601, "energy": 36.669341, "activity_lines": [ 8.023881, 8.015713, 7.926648, 7.8902 ] }, { "date": "2024-02-09", "close": 8.009465, "volume": 107136, "typical_volume": 176865.25, "trend": 7.859905, "fair_value": 7.377495, "relative_strength": -8.517009, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 51.517788, "energy": 31.559144, "activity_lines": [ 8.020663, 8.017446, 7.939798, 7.900484 ] }, { "date": "2024-02-16", "close": 8.161656, "volume": 102513, "typical_volume": 180619.8, "trend": 7.869914, "fair_value": 7.389842, "relative_strength": -7.340617, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 69.921584, "energy": 57.702318, "activity_lines": [ 8.07195, 8.045202, 7.967049, 7.919952 ] }, { "date": "2024-02-23", "close": 8.180215, "volume": 207621, "typical_volume": 187133.9, "trend": 7.876963, "fair_value": 7.403203, "relative_strength": -6.637554, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.992109, "energy": 63.00785, "activity_lines": [ 8.119711, 8.072434, 7.994802, 7.939972 ] }, { "date": "2024-03-01", "close": 8.140311, "volume": 54670, "typical_volume": 185960.4, "trend": 7.888687, "fair_value": 7.415154, "relative_strength": -6.859497, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.823759, "energy": 61.562339, "activity_lines": [ 8.132578, 8.088429, 8.016869, 7.956962 ] }, { "date": "2024-03-08", "close": 8.194136, "volume": 110422, "typical_volume": 186237.55, "trend": 7.902146, "fair_value": 7.426371, "relative_strength": -6.956022, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.091319, "energy": 67.733825, "activity_lines": [ 8.160356, 8.11259, 8.042889, 7.976668 ] }, { "date": "2024-03-15", "close": 8.237155, "volume": 122620, "typical_volume": 180161.85, "trend": 7.923105, "fair_value": 7.438114, "relative_strength": -5.259755, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 70.026781, "energy": 66.684187, "activity_lines": [ 8.193689, 8.141503, 8.07035, 7.998282 ] }, { "date": "2024-03-22", "close": 8.431387, "volume": 210204, "typical_volume": 187470.55, "trend": 7.948446, "fair_value": 7.450745, "relative_strength": -5.658492, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 86.410701, "energy": 78.909992, "activity_lines": [ 8.276587, 8.20262, 8.112907, 8.031074 ] }, { "date": "2024-03-29", "close": 8.495819, "volume": 184812, "typical_volume": 194170.7, "trend": 7.97105, "fair_value": 7.463597, "relative_strength": -5.437792, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 85.847596, "energy": 87.195709, "activity_lines": [ 8.362979, 8.267898, 8.158016, 8.066389 ] }, { "date": "2024-04-05", "close": 8.396834, "volume": 64519, "typical_volume": 193147.45, "trend": 7.99075, "fair_value": 7.475451, "relative_strength": -6.300798, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.873674, "energy": 80.652518, "activity_lines": [ 8.395337, 8.303552, 8.189329, 8.093858 ] }, { "date": "2024-04-12", "close": 8.54251, "volume": 92076, "typical_volume": 195990.25, "trend": 8.007246, "fair_value": 7.487608, "relative_strength": -4.868461, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 80.184482, "energy": 87.023935, "activity_lines": [ 8.459151, 8.360203, 8.231287, 8.129456 ] }, { "date": "2024-04-19", "close": 8.399637, "volume": 92690, "typical_volume": 195456.75, "trend": 8.022999, "fair_value": 7.499566, "relative_strength": -3.808087, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.716428, "energy": 68.450921, "activity_lines": [ 8.452117, 8.382146, 8.256068, 8.154771 ] }, { "date": "2024-04-26", "close": 8.680713, "volume": 442872, "typical_volume": 211473.0, "trend": 8.049165, "fair_value": 7.513063, "relative_strength": -3.034045, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 85.040664, "energy": 71.125838, "activity_lines": [ 8.527942, 8.4481, 8.305327, 8.197205 ] }, { "date": "2024-05-03", "close": 8.752618, "volume": 179674, "typical_volume": 206935.5, "trend": 8.08144, "fair_value": 7.525922, "relative_strength": -2.648406, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 84.584559, "energy": 81.321282, "activity_lines": [ 8.611114, 8.51769, 8.357943, 8.242589 ] }, { "date": "2024-05-10", "close": 8.974865, "volume": 306506, "typical_volume": 192705.85, "trend": 8.117471, "fair_value": 7.540338, "relative_strength": -2.607619, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 90.808064, "energy": 90.916544, "activity_lines": [ 8.751248, 8.617282, 8.427956, 8.300229 ] }, { "date": "2024-05-17", "close": 9.031827, "volume": 58698, "typical_volume": 188767.4, "trend": 8.163993, "fair_value": 7.55513, "relative_strength": -2.193998, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 87.86186, "energy": 94.936384, "activity_lines": [ 8.871834, 8.712056, 8.498996, 8.35922 ] }, { "date": "2024-05-24", "close": 8.97113, "volume": 130452, "typical_volume": 191445.1, "trend": 8.212266, "fair_value": 7.56948, "relative_strength": -2.999014, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 72.79252, "energy": 89.524449, "activity_lines": [ 8.939567, 8.780564, 8.559462, 8.411293 ] }, { "date": "2024-05-31", "close": 8.919769, "volume": 408246, "typical_volume": 206589.2, "trend": 8.253641, "fair_value": 7.583207, "relative_strength": -2.244848, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.041395, "energy": 85.341434, "activity_lines": [ 8.95208, 8.826389, 8.610727, 8.456938 ] }, { "date": "2024-06-07", "close": 8.92444, "volume": 425714, "typical_volume": 206252.45, "trend": 8.298516, "fair_value": 7.596457, "relative_strength": -4.200498, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.029333, "energy": 65.839735, "activity_lines": [ 8.950212, 8.864183, 8.658133, 8.500216 ] }, { "date": "2024-06-14", "close": 8.890934, "volume": 145127, "typical_volume": 204169.8, "trend": 8.33758, "fair_value": 7.610235, "relative_strength": -3.930837, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.083038, "energy": 61.512927, "activity_lines": [ 8.925722, 8.888092, 8.697261, 8.538436 ] }, { "date": "2024-06-21", "close": 8.96007, "volume": 78144, "typical_volume": 176235.8, "trend": 8.376494, "fair_value": 7.623717, "relative_strength": -3.767528, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.174642, "energy": 58.938337, "activity_lines": [ 8.929872, 8.915587, 8.739183, 8.578597 ] }, { "date": "2024-06-28", "close": 8.869151, "volume": 162527, "typical_volume": 179005.35, "trend": 8.408173, "fair_value": 7.636708, "relative_strength": -4.5189, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 49.423362, "energy": 46.984867, "activity_lines": [ 8.908499, 8.91896, 8.768171, 8.610381 ] }, { "date": "2024-07-05", "close": 8.922188, "volume": 113487, "typical_volume": 179554.05, "trend": 8.44067, "fair_value": 7.649925, "relative_strength": -4.884335, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 46.648857, "energy": 42.425683, "activity_lines": [ 8.911604, 8.923439, 8.798117, 8.643544 ] }, { "date": "2024-07-12", "close": 9.051934, "volume": 72479, "typical_volume": 172796.95, "trend": 8.477027, "fair_value": 7.66466, "relative_strength": -4.580753, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 70.290031, "energy": 52.763919, "activity_lines": [ 8.957797, 8.947119, 8.836798, 8.68298 ] }, { "date": "2024-07-19", "close": 8.910824, "volume": 73028, "typical_volume": 173714.85, "trend": 8.505681, "fair_value": 7.678252, "relative_strength": -2.112042, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 56.188967, "energy": 44.050657, "activity_lines": [ 8.948453, 8.939699, 8.857889, 8.710967 ] }, { "date": "2024-07-26", "close": 9.045302, "volume": 156569, "typical_volume": 176022.2, "trend": 8.539682, "fair_value": 7.692534, "relative_strength": -0.550643, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 67.841006, "energy": 51.332417, "activity_lines": [ 8.982609, 8.957895, 8.888118, 8.745781 ] }, { "date": "2024-08-02", "close": 8.817065, "volume": 170523, "typical_volume": 178417.35, "trend": 8.564716, "fair_value": 7.704494, "relative_strength": 0.00764, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 52.394961, "energy": 36.558593, "activity_lines": [ 8.935004, 8.934347, 8.892557, 8.763677 ] }, { "date": "2024-08-09", "close": 8.82464, "volume": 89607, "typical_volume": 172387.5, "trend": 8.591671, "fair_value": 7.71593, "relative_strength": -0.375199, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 36.684769, "energy": 21.370858, "activity_lines": [ 8.893397, 8.914979, 8.894956, 8.780446 ] }, { "date": "2024-08-16", "close": 9.038674, "volume": 68077, "typical_volume": 166550.75, "trend": 8.631082, "fair_value": 7.729764, "relative_strength": -0.400568, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 50.831702, "energy": 28.230229, "activity_lines": [ 8.929637, 8.936255, 8.915866, 8.809285 ] }, { "date": "2024-08-23", "close": 9.127697, "volume": 41050, "typical_volume": 165377.3, "trend": 8.665511, "fair_value": 7.743742, "relative_strength": 0.340156, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 64.827268, "energy": 35.872386, "activity_lines": [ 8.996436, 8.97164, 8.94267, 8.841325 ] }, { "date": "2024-08-30", "close": 9.22998, "volume": 53493, "typical_volume": 163448.15, "trend": 8.704432, "fair_value": 7.758349, "relative_strength": 0.432267, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 73.263343, "energy": 51.505866, "activity_lines": [ 9.08287, 9.021318, 8.975735, 8.877742 ] }, { "date": "2024-09-06", "close": 8.981853, "volume": 69862, "typical_volume": 162306.75, "trend": 8.736844, "fair_value": 7.771922, "relative_strength": 2.176385, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 55.520766, "energy": 48.433681, "activity_lines": [ 9.074284, 9.020974, 8.981895, 8.89564 ] }, { "date": "2024-09-13", "close": 9.104325, "volume": 51217, "typical_volume": 142724.0, "trend": 8.768267, "fair_value": 7.78665, "relative_strength": 1.374211, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 57.424562, "energy": 50.02577, "activity_lines": [ 9.095536, 9.040848, 8.996946, 8.919349 ] }, { "date": "2024-09-20", "close": 9.103369, "volume": 48132, "typical_volume": 136146.9, "trend": 8.799039, "fair_value": 7.800963, "relative_strength": 1.735231, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 56.644654, "energy": 38.017561, "activity_lines": [ 9.097824, 9.057237, 9.00989, 8.940968 ] }, { "date": "2024-09-27", "close": 9.277551, "volume": 133609, "typical_volume": 127502.05, "trend": 8.836947, "fair_value": 7.816495, "relative_strength": 1.576477, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 69.734869, "energy": 42.332704, "activity_lines": [ 9.153859, 9.10436, 9.037752, 8.97184 ] }, { "date": "2024-10-04", "close": 9.200988, "volume": 185493, "typical_volume": 133841.8, "trend": 8.870508, "fair_value": 7.830761, "relative_strength": 1.480863, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 60.959931, "energy": 41.631476, "activity_lines": [ 9.174384, 9.130895, 9.05688, 8.995326 ] }, { "date": "2024-10-11", "close": 9.162705, "volume": 168473, "typical_volume": 135742.85, "trend": 8.90136, "fair_value": 7.843555, "relative_strength": 0.747412, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 56.214638, "energy": 39.086664, "activity_lines": [ 9.18408, 9.147639, 9.071558, 9.014178 ] }, { "date": "2024-10-18", "close": 9.330187, "volume": 113434, "typical_volume": 121002.25, "trend": 8.93132, "fair_value": 7.857736, "relative_strength": 4.081367, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 69.521924, "energy": 54.35542, "activity_lines": [ 9.237546, 9.18855, 9.101273, 9.041844 ] }, { "date": "2024-10-25", "close": 9.211514, "volume": 176931, "typical_volume": 108563.1, "trend": 8.955176, "fair_value": 7.870871, "relative_strength": 3.339199, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 56.170105, "energy": 38.694434, "activity_lines": [ 9.236397, 9.198692, 9.117732, 9.059921 ] }, { "date": "2024-11-01", "close": 9.089014, "volume": 203881, "typical_volume": 111500.8, "trend": 8.978249, "fair_value": 7.883461, "relative_strength": 3.747554, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 50.517122, "energy": 29.80595, "activity_lines": [ 9.187206, 9.183418, 9.121158, 9.068556 ] }, { "date": "2024-11-08", "close": 9.056476, "volume": 402201, "typical_volume": 127703.65, "trend": 8.995381, "fair_value": 7.895378, "relative_strength": 4.450786, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 32.45423, "energy": 18.359713, "activity_lines": [ 9.139737, 9.162933, 9.120541, 9.073603 ] }, { "date": "2024-11-15", "close": 9.019149, "volume": 333053, "typical_volume": 136229.95, "trend": 9.016032, "fair_value": 7.907056, "relative_strength": 5.371417, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 17.902778, "energy": 14.752888, "activity_lines": [ 9.08946, 9.138815, 9.11591, 9.075136 ] }, { "date": "2024-11-22", "close": 9.289036, "volume": 262469, "typical_volume": 143679.05, "trend": 9.036309, "fair_value": 7.922055, "relative_strength": 6.312177, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 42.161539, "energy": 20.646059, "activity_lines": [ 9.138716, 9.163089, 9.136269, 9.092749 ] }, { "date": "2024-11-29", "close": 9.31966, "volume": 87861, "typical_volume": 144448.15, "trend": 9.055211, "fair_value": 7.937032, "relative_strength": 6.3666, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 56.042346, "energy": 27.145269, "activity_lines": [ 9.200924, 9.189573, 9.157797, 9.11103 ] }, { "date": "2024-12-06", "close": 9.365599, "volume": 113393, "typical_volume": 146466.4, "trend": 9.068235, "fair_value": 7.951275, "relative_strength": 5.63009, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.311848, "energy": 49.407505, "activity_lines": [ 9.271234, 9.220476, 9.182425, 9.131055 ] }, { "date": "2024-12-13", "close": 9.323355, "volume": 161303, "typical_volume": 146703.1, "trend": 9.077953, "fair_value": 7.965152, "relative_strength": 4.852027, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 56.478368, "energy": 59.368619, "activity_lines": [ 9.309025, 9.242099, 9.200865, 9.147514 ] }, { "date": "2024-12-20", "close": 9.133653, "volume": 245106, "typical_volume": 150432.25, "trend": 9.08337, "fair_value": 7.976755, "relative_strength": 4.806503, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 47.62398, "energy": 41.215707, "activity_lines": [ 9.265789, 9.227005, 9.199914, 9.151108 ] }, { "date": "2024-12-27", "close": 9.183725, "volume": 58100, "typical_volume": 148856.9, "trend": 9.092169, "fair_value": 7.988184, "relative_strength": 4.822149, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 46.833924, "energy": 25.357184, "activity_lines": [ 9.231611, 9.221543, 9.202223, 9.157582 ] }, { "date": "2025-01-03", "close": 9.284837, "volume": 53873, "typical_volume": 148146.7, "trend": 9.104182, "fair_value": 7.9996, "relative_strength": 5.362356, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 50.441364, "energy": 22.555974, "activity_lines": [ 9.238157, 9.237128, 9.212453, 9.170013 ] }, { "date": "2025-01-10", "close": 9.203949, "volume": 376702, "typical_volume": 164929.3, "trend": 9.114616, "fair_value": 8.01009, "relative_strength": 3.757453, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 31.657228, "energy": 15.672302, "activity_lines": [ 9.220062, 9.236673, 9.213807, 9.176449 ] }, { "date": "2025-01-17", "close": 9.418689, "volume": 59596, "typical_volume": 165234.45, "trend": 9.129903, "fair_value": 8.022314, "relative_strength": 3.354886, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 60.4098, "energy": 29.924762, "activity_lines": [ 9.284324, 9.273173, 9.235249, 9.196067 ] }, { "date": "2025-01-24", "close": 9.45528, "volume": 216214, "typical_volume": 172552.05, "trend": 9.149441, "fair_value": 8.034597, "relative_strength": 5.122614, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.568336, "energy": 49.989469, "activity_lines": [ 9.354427, 9.309739, 9.259277, 9.217059 ] }, { "date": "2025-01-31", "close": 9.713352, "volume": 169348, "typical_volume": 178458.6, "trend": 9.175813, "fair_value": 8.048958, "relative_strength": 5.428567, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 81.660166, "energy": 75.008148, "activity_lines": [ 9.489112, 9.385298, 9.30563, 9.25344 ] }, { "date": "2025-02-07", "close": 9.775946, "volume": 114796, "typical_volume": 181791.8, "trend": 9.199946, "fair_value": 8.062394, "relative_strength": 5.621008, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 82.730305, "energy": 84.163864, "activity_lines": [ 9.609354, 9.464523, 9.355043, 9.292159 ] }, { "date": "2025-02-14", "close": 9.812537, "volume": 103698, "typical_volume": 180296.25, "trend": 9.230004, "fair_value": 8.076697, "relative_strength": 3.32574, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 79.040385, "energy": 87.757857, "activity_lines": [ 9.709052, 9.542104, 9.404739, 9.331681 ] }, { "date": "2025-02-21", "close": 9.835649, "volume": 99435, "typical_volume": 175993.35, "trend": 9.256348, "fair_value": 8.091473, "relative_strength": 4.381992, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 76.814405, "energy": 90.482745, "activity_lines": [ 9.775881, 9.615762, 9.454088, 9.370755 ] }, { "date": "2025-02-28", "close": 10.008981, "volume": 89423, "typical_volume": 172040.85, "trend": 9.296079, "fair_value": 8.109816, "relative_strength": 7.752451, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 84.520229, "energy": 92.831683, "activity_lines": [ 9.87269, 9.71162, 9.516923, 9.419311 ] }, { "date": "2025-03-07", "close": 9.736464, "volume": 151490, "typical_volume": 173943.65, "trend": 9.326473, "fair_value": 8.12578, "relative_strength": 5.797783, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.895495, "energy": 70.34727, "activity_lines": [ 9.841747, 9.742014, 9.549774, 9.447723 ] }, { "date": "2025-03-14", "close": 9.679981, "volume": 127376, "typical_volume": 171465.9, "trend": 9.34785, "fair_value": 8.139814, "relative_strength": 5.642384, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.751347, "energy": 50.660099, "activity_lines": [ 9.790436, 9.752089, 9.575311, 9.47053 ] }, { "date": "2025-03-21", "close": 9.747775, "volume": 119747, "typical_volume": 167259.2, "trend": 9.368519, "fair_value": 8.153386, "relative_strength": 5.105822, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 58.475595, "energy": 44.932031, "activity_lines": [ 9.76812, 9.767306, 9.605073, 9.496332 ] }, { "date": "2025-03-28", "close": 9.789421, "volume": 124393, "typical_volume": 153368.8, "trend": 9.387167, "fair_value": 8.167347, "relative_strength": 6.179934, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 46.52193, "energy": 33.064211, "activity_lines": [ 9.764004, 9.780207, 9.635665, 9.523487 ] }, { "date": "2025-04-04", "close": 8.961368, "volume": 282863, "typical_volume": 150859.3, "trend": 9.386484, "fair_value": 8.174704, "relative_strength": 4.622325, "stage": 2, "regime": "rotation_down", "modifier": "Structural failure", "gate": "up", "direction": -2.762268, "energy": 16.110121, "activity_lines": [ 9.486952, 9.635812, 9.583905, 9.496016 ] }, { "date": "2025-04-11", "close": 8.705689, "volume": 287817, "typical_volume": 152126.7, "trend": 9.373197, "fair_value": 8.180261, "relative_strength": 4.144705, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "mixed", "direction": -44.325804, "energy": 43.398721, "activity_lines": [ 9.194514, 9.453911, 9.508069, 9.452094 ] }, { "date": "2025-04-18", "close": 9.172497, "volume": 167159, "typical_volume": 156091.6, "trend": 9.375501, "fair_value": 8.190073, "relative_strength": 5.328455, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -21.018615, "energy": 37.982688, "activity_lines": [ 9.126397, 9.375205, 9.47947, 9.439145 ] }, { "date": "2025-04-25", "close": 9.37491, "volume": 215914, "typical_volume": 161217.65, "trend": 9.378746, "fair_value": 8.201033, "relative_strength": 4.928284, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -20.703763, "energy": 36.549942, "activity_lines": [ 9.159584, 9.344273, 9.470848, 9.439107 ] }, { "date": "2025-05-02", "close": 9.597661, "volume": 136570, "typical_volume": 159981.0, "trend": 9.391969, "fair_value": 8.215388, "relative_strength": 4.292225, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -5.094391, "energy": 21.9268, "activity_lines": [ 9.291879, 9.361798, 9.483396, 9.453231 ] }, { "date": "2025-05-09", "close": 9.621874, "volume": 81510, "typical_volume": 151801.2, "trend": 9.407274, "fair_value": 8.229383, "relative_strength": 3.470259, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": 16.874563, "energy": 13.577032, "activity_lines": [ 9.445028, 9.388052, 9.496944, 9.468063 ] }, { "date": "2025-05-16", "close": 9.859152, "volume": 66575, "typical_volume": 152224.95, "trend": 9.424906, "fair_value": 8.24471, "relative_strength": 3.021029, "stage": 3, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 54.126015, "energy": 38.204444, "activity_lines": [ 9.633237, 9.464486, 9.530766, 9.497217 ] }, { "date": "2025-05-23", "close": 9.895954, "volume": 109031, "typical_volume": 154982.85, "trend": 9.447721, "fair_value": 8.259127, "relative_strength": 4.735449, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 56.544736, "energy": 44.112557, "activity_lines": [ 9.756815, 9.545381, 9.564876, 9.527607 ] }, { "date": "2025-05-30", "close": 9.956, "volume": 98427, "typical_volume": 141069.1, "trend": 9.476621, "fair_value": 8.274626, "relative_strength": 4.559599, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 67.596801, "energy": 62.578659, "activity_lines": [ 9.852179, 9.633266, 9.601794, 9.560399 ] }, { "date": "2025-06-06", "close": 10.039289, "volume": 98688, "typical_volume": 143023.7, "trend": 9.509381, "fair_value": 8.292006, "relative_strength": 4.419899, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 72.252352, "energy": 74.517591, "activity_lines": [ 9.936566, 9.732509, 9.643063, 9.5967 ] }, { "date": "2025-06-13", "close": 9.950528, "volume": 214522, "typical_volume": 142939.1, "trend": 9.540427, "fair_value": 8.31094, "relative_strength": 4.102235, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 62.913685, "energy": 69.248549, "activity_lines": [ 9.961924, 9.811071, 9.672924, 9.625161 ] }, { "date": "2025-06-20", "close": 9.814098, "volume": 220661, "typical_volume": 145504.75, "trend": 9.557929, "fair_value": 8.327783, "relative_strength": 4.052429, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 59.571292, "energy": 55.766618, "activity_lines": [ 9.919895, 9.846842, 9.687434, 9.642818 ] }, { "date": "2025-06-27", "close": 9.868081, "volume": 96773, "typical_volume": 144603.6, "trend": 9.57621, "fair_value": 8.345544, "relative_strength": 3.088816, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 55.935466, "energy": 38.997349, "activity_lines": [ 9.898864, 9.872276, 9.706604, 9.662827 ] }, { "date": "2025-07-04", "close": 9.779745, "volume": 285962, "typical_volume": 153716.8, "trend": 9.590015, "fair_value": 8.361509, "relative_strength": 3.250813, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 42.775077, "energy": 28.649203, "activity_lines": [ 9.850246, 9.869001, 9.716923, 9.675959 ] }, { "date": "2025-07-11", "close": 9.87986, "volume": 40632, "typical_volume": 150776.65, "trend": 9.608565, "fair_value": 8.378639, "relative_strength": 2.614472, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 41.852292, "energy": 25.766864, "activity_lines": [ 9.84675, 9.876569, 9.736933, 9.694658 ] }, { "date": "2025-07-18", "close": 9.922065, "volume": 179997, "typical_volume": 155305.35, "trend": 9.634845, "fair_value": 8.395197, "relative_strength": 3.939488, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 48.32326, "energy": 32.537454, "activity_lines": [ 9.867951, 9.886679, 9.760752, 9.714884 ] }, { "date": "2025-07-25", "close": 9.9839, "volume": 129756, "typical_volume": 154218.65, "trend": 9.661518, "fair_value": 8.410552, "relative_strength": 5.132891, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 65.793769, "energy": 50.255591, "activity_lines": [ 9.911661, 9.902574, 9.790874, 9.737404 ] }, { "date": "2025-08-01", "close": 9.962307, "volume": 178470, "typical_volume": 156773.35, "trend": 9.6841, "fair_value": 8.425819, "relative_strength": 7.095025, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 62.152368, "energy": 53.996396, "activity_lines": [ 9.936853, 9.912275, 9.817761, 9.75681 ] }, { "date": "2025-08-08", "close": 10.056531, "volume": 84539, "typical_volume": 155012.95, "trend": 9.712519, "fair_value": 8.441263, "relative_strength": 7.067655, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 70.875891, "energy": 62.580285, "activity_lines": [ 9.987172, 9.937901, 9.852277, 9.780837 ] }, { "date": "2025-08-15", "close": 10.190017, "volume": 92357, "typical_volume": 153411.15, "trend": 9.73823, "fair_value": 8.457446, "relative_strength": 7.680456, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 80.99091, "energy": 75.3256, "activity_lines": [ 10.063533, 9.98597, 9.898037, 9.811644 ] }, { "date": "2025-08-22", "close": 10.352947, "volume": 48960, "typical_volume": 141716.0, "trend": 9.768153, "fair_value": 8.475324, "relative_strength": 7.094674, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 87.637517, "energy": 87.105027, "activity_lines": [ 10.173527, 10.060921, 9.957405, 9.851303 ] }, { "date": "2025-08-29", "close": 10.226332, "volume": 115778, "typical_volume": 133114.05, "trend": 9.785252, "fair_value": 8.494253, "relative_strength": 7.443007, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 69.504586, "energy": 82.41393, "activity_lines": [ 10.212591, 10.105535, 9.998089, 9.880863 ] }, { "date": "2025-09-05", "close": 10.214553, "volume": 136305, "typical_volume": 131571.35, "trend": 9.799872, "fair_value": 8.512663, "relative_strength": 6.850394, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.925121, "energy": 78.461617, "activity_lines": [ 10.231567, 10.140513, 10.030409, 9.90856 ] }, { "date": "2025-09-12", "close": 10.336102, "volume": 175374, "typical_volume": 129544.35, "trend": 9.817324, "fair_value": 8.533097, "relative_strength": 6.66589, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 73.954688, "energy": 76.753388, "activity_lines": [ 10.274242, 10.19129, 10.069344, 9.943155 ] }, { "date": "2025-09-19", "close": 10.175792, "volume": 141293, "typical_volume": 129780.5, "trend": 9.828662, "fair_value": 8.554508, "relative_strength": 2.486627, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 61.631647, "energy": 51.654019, "activity_lines": [ 10.244843, 10.202805, 10.088433, 9.966282 ] }, { "date": "2025-09-26", "close": 10.233187, "volume": 342405, "typical_volume": 142825.25, "trend": 9.836136, "fair_value": 8.576515, "relative_strength": 1.995293, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 58.41578, "energy": 45.851293, "activity_lines": [ 10.235523, 10.219374, 10.110236, 9.99238 ] }, { "date": "2025-10-03", "close": 10.478601, "volume": 256328, "typical_volume": 152312.9, "trend": 9.860874, "fair_value": 8.599544, "relative_strength": 1.777911, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 78.404806, "energy": 56.886352, "activity_lines": [ 10.315992, 10.274908, 10.152501, 10.03383 ] }, { "date": "2025-10-10", "close": 10.425164, "volume": 147346, "typical_volume": 154228.65, "trend": 9.885713, "fair_value": 8.622485, "relative_strength": 3.324578, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 68.207255, "energy": 53.513358, "activity_lines": [ 10.361831, 10.311731, 10.186727, 10.070236 ] }, { "date": "2025-10-17", "close": 10.353915, "volume": 121354, "typical_volume": 155375.0, "trend": 9.905918, "fair_value": 8.64455, "relative_strength": 0.873942, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 59.840777, "energy": 49.503703, "activity_lines": [ 10.36988, 10.327184, 10.211647, 10.100442 ] }, { "date": "2025-10-24", "close": 10.618131, "volume": 249964, "typical_volume": 162938.8, "trend": 9.933542, "fair_value": 8.666996, "relative_strength": 0.898035, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 78.000707, "energy": 69.050493, "activity_lines": [ 10.464813, 10.38527, 10.259835, 10.146391 ] }, { "date": "2025-10-31", "close": 10.668599, "volume": 118993, "typical_volume": 158162.35, "trend": 9.990449, "fair_value": 8.688919, "relative_strength": 2.034282, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 78.237907, "energy": 75.988986, "activity_lines": [ 10.54708, 10.444747, 10.310074, 10.193814 ] }, { "date": "2025-11-07", "close": 10.619121, "volume": 140226, "typical_volume": 154140.6, "trend": 10.05423, "fair_value": 8.710587, "relative_strength": 3.621396, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 69.511818, "energy": 67.741946, "activity_lines": [ 10.583826, 10.48949, 10.352181, 10.234374 ] }, { "date": "2025-11-14", "close": 10.615163, "volume": 360312, "typical_volume": 167317.55, "trend": 10.102319, "fair_value": 8.731355, "relative_strength": 3.329636, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.733532, "energy": 68.002963, "activity_lines": [ 10.609885, 10.526371, 10.390078, 10.270563 ] }, { "date": "2025-11-21", "close": 10.485528, "volume": 176245, "typical_volume": 161831.7, "trend": 10.13934, "fair_value": 8.750014, "relative_strength": 4.705412, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.11777, "energy": 49.825216, "activity_lines": [ 10.580066, 10.532398, 10.412071, 10.295286 ] }, { "date": "2025-11-28", "close": 10.737869, "volume": 109189, "typical_volume": 165259.55, "trend": 10.177347, "fair_value": 8.769637, "relative_strength": 5.177222, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 73.173652, "energy": 52.042316, "activity_lines": [ 10.625586, 10.581589, 10.454735, 10.333901 ] }, { "date": "2025-12-05", "close": 10.732922, "volume": 153339, "typical_volume": 163926.65, "trend": 10.214382, "fair_value": 8.789848, "relative_strength": 4.517454, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 69.298336, "energy": 50.700024, "activity_lines": [ 10.661474, 10.61966, 10.492843, 10.369745 ] }, { "date": "2025-12-12", "close": 10.648777, "volume": 90594, "typical_volume": 161968.55, "trend": 10.240703, "fair_value": 8.811366, "relative_strength": 4.404423, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 59.127246, "energy": 44.899311, "activity_lines": [ 10.665027, 10.633347, 10.519076, 10.39777 ] }, { "date": "2025-12-19", "close": 10.936366, "volume": 243976, "typical_volume": 165243.85, "trend": 10.275383, "fair_value": 8.834002, "relative_strength": 6.440632, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 78.671013, "energy": 62.124701, "activity_lines": [ 10.762465, 10.696228, 10.569532, 10.442652 ] }, { "date": "2025-12-26", "close": 10.96821, "volume": 63974, "typical_volume": 164215.6, "trend": 10.309123, "fair_value": 8.857533, "relative_strength": 6.886729, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 75.393845, "energy": 72.212568, "activity_lines": [ 10.849104, 10.755605, 10.618382, 10.48735 ] }, { "date": "2026-01-02", "close": 11.075683, "volume": 272804, "typical_volume": 173237.95, "trend": 10.34367, "fair_value": 8.879804, "relative_strength": 4.833455, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 79.828634, "energy": 81.681765, "activity_lines": [ 10.939389, 10.823353, 10.673127, 10.536806 ] }, { "date": "2026-01-09", "close": 11.296599, "volume": 183516, "typical_volume": 179965.75, "trend": 10.388539, "fair_value": 8.902826, "relative_strength": 4.496316, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 87.031117, "energy": 92.27214, "activity_lines": [ 11.080791, 10.922948, 10.744693, 10.598285 ] }, { "date": "2026-01-16", "close": 11.443877, "volume": 117608, "typical_volume": 180057.25, "trend": 10.442865, "fair_value": 8.926713, "relative_strength": 3.362703, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 87.354915, "energy": 93.992312, "activity_lines": [ 11.233708, 11.037903, 10.825793, 10.666371 ] }, { "date": "2026-01-23", "close": 11.336405, "volume": 129537, "typical_volume": 179718.85, "trend": 10.491809, "fair_value": 8.950055, "relative_strength": 3.27195, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 73.556619, "energy": 89.106517, "activity_lines": [ 11.297794, 11.118323, 10.89086, 10.724019 ] }, { "date": "2026-01-30", "close": 11.42895, "volume": 140792, "typical_volume": 177989.75, "trend": 10.546782, "fair_value": 8.974172, "relative_strength": 3.796966, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 75.98479, "energy": 88.883619, "activity_lines": [ 11.366059, 11.202455, 10.959398, 10.78448 ] }, { "date": "2026-02-06", "close": 11.580209, "volume": 362356, "typical_volume": 189042.9, "trend": 10.603461, "fair_value": 8.998733, "relative_strength": 5.641314, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 81.259223, "energy": 84.917448, "activity_lines": [ 11.454028, 11.296935, 11.037137, 10.851152 ] }, { "date": "2026-02-13", "close": 11.63494, "volume": 209774, "typical_volume": 182411.35, "trend": 10.660557, "fair_value": 9.023084, "relative_strength": 6.055601, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 79.937461, "energy": 74.763388, "activity_lines": [ 11.526605, 11.386052, 11.113402, 10.917699 ] }, { "date": "2026-02-20", "close": 11.907602, "volume": 115838, "typical_volume": 175386.85, "trend": 10.72468, "fair_value": 9.049497, "relative_strength": 5.775219, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 90.042711, "energy": 85.607911, "activity_lines": [ 11.667513, 11.508343, 11.208959, 10.998154 ] }, { "date": "2026-02-27", "close": 12.112597, "volume": 83452, "typical_volume": 172192.15, "trend": 10.796356, "fair_value": 9.076802, "relative_strength": 6.442148, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 91.785292, "energy": 94.555857, "activity_lines": [ 11.845839, 11.645018, 11.317235, 11.087697 ] }, { "date": "2026-03-06", "close": 11.664794, "volume": 223272, "typical_volume": 177288.05, "trend": 10.849965, "fair_value": 9.102413, "relative_strength": 7.161976, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.659253, "energy": 72.170093, "activity_lines": [ 11.82315, 11.678888, 11.374827, 11.143725 ] }, { "date": "2026-03-13", "close": 11.582199, "volume": 395404, "typical_volume": 184560.05, "trend": 10.896371, "fair_value": 9.129539, "relative_strength": 3.980984, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.956092, "energy": 62.273281, "activity_lines": [ 11.757207, 11.685076, 11.418311, 11.190966 ] }, { "date": "2026-03-20", "close": 11.175, "volume": 195282, "typical_volume": 188374.5, "trend": 10.923773, "fair_value": 9.153795, "relative_strength": 4.328405, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 43.158049, "energy": 36.806823, "activity_lines": [ 11.555398, 11.608018, 11.418423, 11.208942 ] }, { "date": "2026-03-27", "close": 11.248, "volume": 313674, "typical_volume": 197046.9, "trend": 10.957828, "fair_value": 9.176851, "relative_strength": 4.995127, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 32.695874, "energy": 26.484716, "activity_lines": [ 11.408585, 11.546444, 11.423077, 11.22986 ] }, { "date": "2026-04-03", "close": 11.698, "volume": 273046, "typical_volume": 192683.6, "trend": 11.007277, "fair_value": 9.202181, "relative_strength": 7.19885, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 41.024281, "energy": 27.010258, "activity_lines": [ 11.455746, 11.57025, 11.467592, 11.277613 ] }, { "date": "2026-04-10", "close": 11.928, "volume": 109715, "typical_volume": 189357.1, "trend": 11.06034, "fair_value": 9.228433, "relative_strength": 5.370965, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 54.267205, "energy": 27.101653, "activity_lines": [ 11.607213, 11.629299, 11.528857, 11.337015 ] }, { "date": "2026-04-17", "close": 11.85568, "volume": 175699, "typical_volume": 192682.6, "trend": 11.116336, "fair_value": 9.253975, "relative_strength": 3.213161, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 61.531172, "energy": 40.215044, "activity_lines": [ 11.717027, 11.666126, 11.576364, 11.388327 ] }, { "date": "2026-04-24", "close": 11.606814, "volume": 225917, "typical_volume": 196311.5, "trend": 11.162124, "fair_value": 9.277835, "relative_strength": 1.241894, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 53.421129, "energy": 40.29711, "activity_lines": [ 11.725653, 11.652695, 11.594847, 11.419971 ] }, { "date": "2026-05-01", "close": 11.643353, "volume": 161239, "typical_volume": 199843.75, "trend": 11.200949, "fair_value": 9.302096, "relative_strength": 2.074639, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 52.590439, "energy": 36.970166, "activity_lines": [ 11.717671, 11.64642, 11.612649, 11.451018 ] }, { "date": "2026-05-08", "close": 11.485344, "volume": 148983, "typical_volume": 195094.1, "trend": 11.236288, "fair_value": 9.325361, "relative_strength": 0.238074, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 46.219715, "energy": 24.661929, "activity_lines": [ 11.630662, 11.61622, 11.610666, 11.469366 ] }, { "date": "2026-05-15", "close": 11.476, "volume": 228120, "typical_volume": 203301.4, "trend": 11.273691, "fair_value": 9.348152, "relative_strength": 0.724487, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 19.174659, "energy": 11.776274, "activity_lines": [ 11.554716, 11.595725, 11.605179, 11.484831 ] }, { "date": "2026-05-22", "close": 11.795439, "volume": 354723, "typical_volume": 207397.35, "trend": 11.312935, "fair_value": 9.373906, "relative_strength": 0.014271, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 40.592326, "energy": 17.042657, "activity_lines": [ 11.615383, 11.636744, 11.627697, 11.518492 ] }, { "date": "2026-05-29", "close": 11.679893, "volume": 334620, "typical_volume": 214952.55, "trend": 11.346644, "fair_value": 9.398493, "relative_strength": -0.081891, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 33.171214, "energy": 15.032215, "activity_lines": [ 11.641551, 11.652876, 11.635783, 11.542167 ] }, { "date": "2026-06-05", "close": 11.67298, "volume": 81228, "typical_volume": 213133.55, "trend": 11.381773, "fair_value": 9.423053, "relative_strength": -0.803158, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 44.386297, "energy": 22.107597, "activity_lines": [ 11.660542, 11.658572, 11.641385, 11.563221 ] }, { "date": "2026-06-12", "close": 11.794451, "volume": 138364, "typical_volume": 213574.9, "trend": 11.421083, "fair_value": 9.447723, "relative_strength": -3.506783, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 53.620724, "energy": 33.397806, "activity_lines": [ 11.718049, 11.678627, 11.657466, 11.589845 ] }, { "date": "2026-06-19", "close": 11.619, "volume": 167484, "typical_volume": 214909.5, "trend": 11.458865, "fair_value": 9.472662, "relative_strength": -4.671773, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 45.696822, "energy": 24.254305, "activity_lines": [ 11.696465, 11.665028, 11.654655, 11.602614 ] }, { "date": "2026-06-26", "close": 11.857, "volume": 68743, "typical_volume": 200228.85, "trend": 11.496169, "fair_value": 9.498788, "relative_strength": -1.196807, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 59.919773, "energy": 37.082455, "activity_lines": [ 11.74468, 11.70032, 11.673606, 11.6283 ] }, { "date": "2026-07-03", "close": 12.126, "volume": 69271, "typical_volume": 193203.7, "trend": 11.542605, "fair_value": 9.528162, "relative_strength": -1.121687, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 76.550112, "energy": 63.359658, "activity_lines": [ 11.878459, 11.784496, 11.716858, 11.668934 ] }, { "date": "2026-07-10", "close": 12.013, "volume": 338313, "typical_volume": 204327.45, "trend": 11.588079, "fair_value": 9.55572, "relative_strength": -2.197469, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.060135, "energy": 63.751065, "activity_lines": [ 11.94483, 11.838688, 11.747009, 11.699282 ] }, { "date": "2026-07-17", "close": 12.154, "volume": 265160, "typical_volume": 213412.85, "trend": 11.628667, "fair_value": 9.583236, "relative_strength": -1.79243, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 73.630143, "energy": 74.316864, "activity_lines": [ 12.035533, 11.911795, 11.790088, 11.735793 ] }, { "date": "2026-07-24", "close": 12.258, "volume": 390062, "typical_volume": 221752.35, "trend": 11.67166, "fair_value": 9.610732, "relative_strength": -0.813412, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 75.506516, "energy": 78.947452, "activity_lines": [ 12.136933, 11.991654, 11.842874, 11.776395 ] }, { "date": "2026-07-31", "close": 12.398, "volume": 362762, "typical_volume": 220120.25, "trend": 11.715738, "fair_value": 9.640279, "relative_strength": -0.51829, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 80.210406, "energy": 82.106524, "activity_lines": [ 12.2424, 12.082749, 11.906168, 11.823256 ] }, { "date": "2026-08-07", "close": 12.425, "volume": 259541, "typical_volume": 223333.2, "trend": 11.753351, "fair_value": 9.669988, "relative_strength": -1.386756, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 77.680316, "energy": 84.678398, "activity_lines": [ 12.3208, 12.167798, 11.968149, 11.869015 ] } ], "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." } } }