{ "ticker": { "uuid": "358cd465-d688-4cb0-8405-f6dcb1eaece2", "symbol": "HODLX", "name": "21Shares Crypto Basket 10 Core ETP", "exchange": "PAR", "country": "FR", "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": "^FCHI", "stage": 4, "stage_name": "Declining", "phase": "4b", "phase_label": "Stage 4B \u00b7 Declining", "transition": "stage_4_declining", "transition_label": "Stage 4 decline intact", "confidence": 96.0, "architecture_regime": "deceleration", "architecture_regime_label": "Deceleration", "architecture_modifier": "Recompressing", "architecture_gate": "down", "architecture_direction": -44.619, "architecture_energy": 36.005, "architecture_maturity": 34.269, "architecture_confidence": 60.115, "architecture_tenure": "New", "architecture": { "interpretation": { "headline": "The upward structure remains, but its energy is decelerating.", "body": "Trend remains positive, but Activity or price acceptance is losing strength. This can become a healthy recompression, a re-acceleration, or a Rotation Down." }, "scores": { "balance": 36.52, "rotation_up": 26.53, "upward_expansion": 17.07, "deceleration": 66.48, "rotation_down": 34.4, "downward_expansion": 62.4 }, "activity_lines": [ 17.892094, 17.744729, 18.515252, 18.944918 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": -0.166667 }, "latest_close": 18.0543, "trend_reference": 19.7784, "distance_from_trend": -0.087171, "trend_direction": "Weakening", "fair_value": 22.781337, "distance_from_fair_value": -0.207496, "fair_value_direction": "Weakening", "relative_strength": -30.469063, "relative_strength_direction": "Weakening", "price_momentum": -0.061763, "excess_performance": -0.115075, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.087171, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.126009, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.207496, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -0.183809, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.304691, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.084957, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.061763, "read": "Negative" }, { "label": "Volume balance", "positive": true, "value": 4.750139, "read": "Demand-led" } ], "volume": { "latest": 38146, "relative_activity": 11.191269, "balance": 4.750139, "dry_up": 3.058412, "accumulation_observations": 1, "distribution_observations": 0 }, "risk": { "range_context": 0.055207, "annualized_volatility": 0.367002, "from_high_reference": -0.516078, "from_low_reference": 0.07928 }, "levels": { "trend_reference": 19.7784, "fair_value_reference": 22.781337, "structural_low": 16.7281, "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": 7, "median_return": -0.013199, "positive_rate": 0.428571, "directional_follow_through": 0.428571, "median_excess_return": 0.017366, "regime_survival": 0.428571, "best_return": 0.179425, "worst_return": -0.188234, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 4, "median_return": -0.039927, "positive_rate": 0.25, "directional_follow_through": 0.25, "median_excess_return": 0.043589, "regime_survival": 0.25, "best_return": 0.247757, "worst_return": -0.082608, "sufficient": false }, { "horizon": "Extended", "sample_count": 3, "median_return": 0.167688, "positive_rate": 1.0, "directional_follow_through": 1.0, "median_excess_return": 0.273458, "regime_survival": 0.0, "best_return": 0.269854, "worst_return": 0.115043, "sufficient": false }, { "horizon": "Full cycle", "sample_count": 2, "median_return": 0.772876, "positive_rate": 1.0, "directional_follow_through": 1.0, "median_excess_return": 0.74215, "regime_survival": 0.5, "best_return": 1.233295, "worst_return": 0.312457, "sufficient": false } ], "ledger": [ { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-11-29", "end": "2025-02-14", "tenure": "Developing", "return": -0.03022, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-02-21", "end": "2025-03-21", "tenure": "Developing", "return": -0.188234, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-03-28", "end": "2025-05-02", "tenure": "Developing", "return": 0.072794, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-05-09", "end": "2025-05-23", "tenure": "New", "return": 0.051186, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-05-30", "end": "2025-06-13", "tenure": "New", "return": -0.0312, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-06-20", "end": "2025-07-18", "tenure": "Developing", "return": 0.176865, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-07-25", "end": "2025-08-08", "tenure": "New", "return": 0.029032, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-08-15", "end": "2025-10-24", "tenure": "Developing", "return": -0.048135, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-10-31", "end": "2025-11-14", "tenure": "New", "return": -0.134302, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-11-21", "end": "2025-12-05", "tenure": "New", "return": 0.067083, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-12-12", "end": "2026-05-15", "tenure": "Established", "return": -0.156959, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-05-22", "end": "2026-05-29", "tenure": "New", "return": -0.047721, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-06-05", "end": "2026-07-24", "tenure": "Developing", "return": 0.07613, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-07-31", "end": "2026-08-07", "tenure": "New", "return": 0.02826, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 9.5187, "volume": 205, "typical_volume": 187.1, "trend": 10.231273, "fair_value": 13.23276, "relative_strength": -2.028046, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": -14.11396, "energy": 19.370376, "activity_lines": [ 10.27042, 10.510784, 10.514871, 10.448268 ] }, { "date": "2023-08-25", "close": 9.5406, "volume": 108, "typical_volume": 189.3, "trend": 10.248293, "fair_value": 13.195838, "relative_strength": -2.44377, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -35.731807, "energy": 39.671332, "activity_lines": [ 9.967513, 10.330207, 10.41584, 10.403709 ] }, { "date": "2023-09-01", "close": 9.4522, "volume": 85, "typical_volume": 190.55, "trend": 10.2487, "fair_value": 13.158772, "relative_strength": -3.956651, "stage": 1, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -44.224103, "energy": 62.872944, "activity_lines": [ 9.719793, 10.130956, 10.313972, 10.352348 ] }, { "date": "2023-09-08", "close": 8.9756, "volume": 768, "typical_volume": 221.15, "trend": 10.241133, "fair_value": 13.117761, "relative_strength": -7.668081, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -54.7947, "energy": 76.342632, "activity_lines": [ 9.398713, 9.872375, 10.177121, 10.270212 ] }, { "date": "2023-09-15", "close": 9.6081, "volume": 16, "typical_volume": 220.95, "trend": 10.235453, "fair_value": 13.083686, "relative_strength": -2.812727, "stage": 1, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -64.365927, "energy": 78.221418, "activity_lines": [ 9.393293, 9.760031, 10.108257, 10.229371 ] }, { "date": "2023-09-22", "close": 9.6971, "volume": 729, "typical_volume": 254.35, "trend": 10.236427, "fair_value": 13.051123, "relative_strength": 0.953051, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.13029, "energy": 76.0585, "activity_lines": [ 9.48598, 9.685709, 10.05423, 10.194639 ] }, { "date": "2023-09-29", "close": 9.9361, "volume": 1186, "typical_volume": 180.8, "trend": 10.26551, "fair_value": 13.021456, "relative_strength": 4.431548, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -58.822478, "energy": 46.430833, "activity_lines": [ 9.64644, 9.682815, 10.028307, 10.175263 ] }, { "date": "2023-10-06", "close": 10.1124, "volume": 1317, "typical_volume": 246.3, "trend": 10.331133, "fair_value": 12.994012, "relative_strength": 7.54193, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -39.440529, "energy": 23.109162, "activity_lines": [ 9.8393, 9.727871, 10.019813, 10.165385 ] }, { "date": "2023-10-13", "close": 9.7127, "volume": 0, "typical_volume": 246.25, "trend": 10.331113, "fair_value": 12.963346, "relative_strength": 4.262838, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -36.119334, "energy": 24.082269, "activity_lines": [ 9.854913, 9.711571, 9.974202, 10.125486 ] }, { "date": "2023-10-20", "close": 10.4917, "volume": 117, "typical_volume": 246.3, "trend": 10.323187, "fair_value": 12.94046, "relative_strength": 15.501622, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -8.036583, "energy": 18.522494, "activity_lines": [ 10.081053, 9.852095, 10.006054, 10.135846 ] }, { "date": "2023-10-27", "close": 11.8399, "volume": 844, "typical_volume": 285.75, "trend": 10.365837, "fair_value": 12.930363, "relative_strength": 30.240551, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 47.02053, "energy": 43.350273, "activity_lines": [ 10.697687, 10.240345, 10.166553, 10.233699 ] }, { "date": "2023-11-03", "close": 12.0065, "volume": 1352, "typical_volume": 347.1, "trend": 10.408947, "fair_value": 12.921965, "relative_strength": 27.006408, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 50.38508, "energy": 69.507267, "activity_lines": [ 11.227, 10.616684, 10.335248, 10.339548 ] }, { "date": "2023-11-10", "close": 13.3159, "volume": 5399, "typical_volume": 616.05, "trend": 10.464893, "fair_value": 12.925514, "relative_strength": 39.354211, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 93.812619, "energy": 97.022017, "activity_lines": [ 12.054753, 11.18626, 10.616223, 10.527094 ] }, { "date": "2023-11-17", "close": 12.495, "volume": 1252, "typical_volume": 674.0, "trend": 10.52796, "fair_value": 12.92167, "relative_strength": 26.199023, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 71.952271, "energy": 89.816756, "activity_lines": [ 12.395307, 11.536333, 10.807776, 10.658068 ] }, { "date": "2023-11-24", "close": 13.2061, "volume": 2005, "typical_volume": 774.1, "trend": 10.603373, "fair_value": 12.924187, "relative_strength": 30.930771, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 83.53246, "energy": 93.793284, "activity_lines": [ 12.787407, 11.951707, 11.058474, 10.830851 ] }, { "date": "2023-12-01", "close": 13.3356, "volume": 2537, "typical_volume": 900.85, "trend": 10.687253, "fair_value": 12.927796, "relative_strength": 29.93251, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 79.849271, "energy": 92.411099, "activity_lines": [ 13.041713, 12.325209, 11.310093, 11.007124 ] }, { "date": "2023-12-08", "close": 15.212, "volume": 8660, "typical_volume": 1332.85, "trend": 10.858653, "fair_value": 12.947658, "relative_strength": 42.849557, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 96.127797, "energy": 96.90085, "activity_lines": [ 13.821773, 12.97372, 11.730416, 11.299043 ] }, { "date": "2023-12-15", "close": 14.4187, "volume": 4239, "typical_volume": 1541.8, "trend": 10.995543, "fair_value": 12.96034, "relative_strength": 32.759666, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 78.075969, "energy": 87.633874, "activity_lines": [ 14.1237, 13.382069, 12.054227, 11.528724 ] }, { "date": "2023-12-22", "close": 14.9255, "volume": 1088, "typical_volume": 1595.35, "trend": 11.146403, "fair_value": 12.977136, "relative_strength": 36.281016, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 80.365382, "energy": 82.803227, "activity_lines": [ 14.52104, 13.804267, 12.408762, 11.782269 ] }, { "date": "2023-12-29", "close": 14.6471, "volume": 303, "typical_volume": 1610.5, "trend": 11.283183, "fair_value": 12.991288, "relative_strength": 32.609975, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 68.196243, "energy": 70.684939, "activity_lines": [ 14.663547, 14.081069, 12.715938, 12.008121 ] }, { "date": "2024-01-05", "close": 14.7632, "volume": 364, "typical_volume": 1618.45, "trend": 11.434323, "fair_value": 13.006178, "relative_strength": 34.170553, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.783824, "energy": 66.332626, "activity_lines": [ 14.748687, 14.303427, 13.015064, 12.232638 ] }, { "date": "2024-01-12", "close": 15.6309, "volume": 4849, "typical_volume": 1855.5, "trend": 11.642103, "fair_value": 13.028051, "relative_strength": 39.410104, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 80.427765, "energy": 69.947904, "activity_lines": [ 15.027887, 14.630398, 13.371855, 12.503385 ] }, { "date": "2024-01-19", "close": 14.4334, "volume": 546, "typical_volume": 1878.55, "trend": 11.75805, "fair_value": 13.039665, "relative_strength": 29.12441, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.905506, "energy": 59.99662, "activity_lines": [ 14.879993, 14.673744, 13.585596, 12.683468 ] }, { "date": "2024-01-26", "close": 14.4734, "volume": 30, "typical_volume": 1841.65, "trend": 11.88404, "fair_value": 13.051417, "relative_strength": 24.049023, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.704599, "energy": 56.573232, "activity_lines": [ 14.744453, 14.704044, 13.779427, 12.858652 ] }, { "date": "2024-02-02", "close": 14.9954, "volume": 1299, "typical_volume": 1905.8, "trend": 12.023577, "fair_value": 13.067222, "relative_strength": 28.151359, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.501978, "energy": 55.30932, "activity_lines": [ 14.813053, 14.793282, 13.996792, 13.059385 ] }, { "date": "2024-02-09", "close": 16.294201, "volume": 823, "typical_volume": 1910.5, "trend": 12.192197, "fair_value": 13.093246, "relative_strength": 36.810954, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 83.311427, "energy": 63.744169, "activity_lines": [ 15.291367, 15.086133, 14.312199, 13.334909 ] }, { "date": "2024-02-16", "close": 18.040199, "volume": 1578, "typical_volume": 1930.1, "trend": 12.43319, "fair_value": 13.132822, "relative_strength": 47.314522, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 92.006374, "energy": 86.113384, "activity_lines": [ 16.249613, 15.642645, 14.762477, 13.7122 ] }, { "date": "2024-02-23", "close": 17.7281, "volume": 489, "typical_volume": 1888.7, "trend": 12.6663, "fair_value": 13.169292, "relative_strength": 39.659441, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 82.980518, "energy": 91.527034, "activity_lines": [ 16.943207, 16.090991, 15.14444, 14.053807 ] }, { "date": "2024-03-01", "close": 21.0863, "volume": 1818, "typical_volume": 1979.6, "trend": 13.017577, "fair_value": 13.231631, "relative_strength": 63.976904, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 95.987588, "energy": 97.832907, "activity_lines": [ 18.536553, 17.089747, 15.809966, 14.597033 ] }, { "date": "2024-03-08", "close": 22.936899, "volume": 5265, "typical_volume": 2237.0, "trend": 13.42765, "fair_value": 13.307453, "relative_strength": 72.738736, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 97.631454, "energy": 98.995048, "activity_lines": [ 20.305906, 18.312962, 16.597579, 15.236989 ] }, { "date": "2024-03-15", "close": 23.4984, "volume": 8657, "typical_volume": 2627.65, "trend": 13.89364, "fair_value": 13.386453, "relative_strength": 71.07706, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 92.958868, "energy": 97.395233, "activity_lines": [ 21.732993, 19.487543, 17.379407, 15.886715 ] }, { "date": "2024-03-22", "close": 21.823999, "volume": 4369, "typical_volume": 2778.5, "trend": 14.303087, "fair_value": 13.451357, "relative_strength": 57.068541, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.572041, "energy": 88.392786, "activity_lines": [ 22.121666, 20.198867, 17.94625, 16.398351 ] }, { "date": "2024-03-29", "close": 24.0599, "volume": 142, "typical_volume": 2515.65, "trend": 14.79001, "fair_value": 13.532338, "relative_strength": 69.179439, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 82.825123, "energy": 90.214686, "activity_lines": [ 23.003386, 21.204116, 18.679287, 17.027823 ] }, { "date": "2024-04-05", "close": 22.7061, "volume": 2260, "typical_volume": 2566.05, "trend": 15.247693, "fair_value": 13.601836, "relative_strength": 60.116241, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.81714, "energy": 67.442706, "activity_lines": [ 23.01172, 21.788192, 19.232228, 17.538538 ] }, { "date": "2024-04-12", "close": 23.742201, "volume": 1384, "typical_volume": 2535.0, "trend": 15.71883, "fair_value": 13.67808, "relative_strength": 65.909049, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 73.253592, "energy": 68.825691, "activity_lines": [ 23.257434, 22.410965, 19.835222, 18.086571 ] }, { "date": "2024-04-19", "close": 21.6199, "volume": 1036, "typical_volume": 2459.95, "trend": 16.116257, "fair_value": 13.737347, "relative_strength": 48.785334, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.705226, "energy": 63.077195, "activity_lines": [ 22.742027, 22.488833, 20.185919, 18.467285 ] }, { "date": "2024-04-26", "close": 21.4741, "volume": 1121, "typical_volume": 2083.0, "trend": 16.500857, "fair_value": 13.794656, "relative_strength": 44.744011, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 49.984163, "energy": 48.987505, "activity_lines": [ 22.303254, 22.44336, 20.483282, 18.812952 ] }, { "date": "2024-05-03", "close": 20.7353, "volume": 129, "typical_volume": 1877.5, "trend": 16.854953, "fair_value": 13.84569, "relative_strength": 40.366646, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 45.572101, "energy": 37.657423, "activity_lines": [ 21.64154, 22.201125, 20.680464, 19.086142 ] }, { "date": "2024-05-10", "close": 20.532801, "volume": 175, "typical_volume": 1831.85, "trend": 17.215623, "fair_value": 13.894501, "relative_strength": 33.001557, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 37.828541, "energy": 26.400299, "activity_lines": [ 21.133967, 21.867397, 20.828281, 19.323423 ] }, { "date": "2024-05-17", "close": 22.0982, "volume": 1002, "typical_volume": 1866.8, "trend": 17.602507, "fair_value": 13.953949, "relative_strength": 42.112464, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 42.302173, "energy": 24.933042, "activity_lines": [ 21.29308, 21.828349, 21.098481, 19.638428 ] }, { "date": "2024-05-24", "close": 23.225599, "volume": 1704, "typical_volume": 1933.8, "trend": 17.98203, "fair_value": 14.020651, "relative_strength": 48.528203, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 54.601228, "energy": 32.648273, "activity_lines": [ 21.937593, 22.009533, 21.440572, 20.001208 ] }, { "date": "2024-05-31", "close": 23.0529, "volume": 2306, "typical_volume": 1806.65, "trend": 18.350243, "fair_value": 14.085167, "relative_strength": 47.205451, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 63.854328, "energy": 44.112233, "activity_lines": [ 22.417493, 22.164276, 21.725919, 20.328361 ] }, { "date": "2024-06-07", "close": 24.2169, "volume": 707, "typical_volume": 1814.7, "trend": 18.71361, "fair_value": 14.157023, "relative_strength": 52.065163, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 74.73598, "energy": 62.5162, "activity_lines": [ 23.18014, 22.508313, 22.086779, 20.706855 ] }, { "date": "2024-06-14", "close": 22.6257, "volume": 551, "typical_volume": 1840.75, "trend": 19.0513, "fair_value": 14.216662, "relative_strength": 49.002835, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 60.517883, "energy": 58.374511, "activity_lines": [ 23.18028, 22.560185, 22.249509, 20.959248 ] }, { "date": "2024-06-21", "close": 21.811199, "volume": 497, "typical_volume": 1800.65, "trend": 19.338137, "fair_value": 14.269771, "relative_strength": 39.51655, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 56.660404, "energy": 44.378557, "activity_lines": [ 22.769393, 22.465429, 22.295846, 21.137306 ] }, { "date": "2024-06-28", "close": 21.024, "volume": 72, "typical_volume": 1763.1, "trend": 19.594417, "fair_value": 14.316675, "relative_strength": 35.427525, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 34.191195, "energy": 24.093535, "activity_lines": [ 22.11524, 22.262654, 22.234756, 21.246071 ] }, { "date": "2024-07-05", "close": 18.936001, "volume": 247, "typical_volume": 1696.55, "trend": 19.71855, "fair_value": 14.348532, "relative_strength": 17.825325, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -13.361771, "energy": 22.093424, "activity_lines": [ 20.91186, 21.691078, 21.952286, 21.203593 ] }, { "date": "2024-07-12", "close": 19.4949, "volume": 97, "typical_volume": 1676.95, "trend": 19.887757, "fair_value": 14.383782, "relative_strength": 19.440865, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -9.989484, "energy": 29.200339, "activity_lines": [ 20.16924, 21.267267, 21.718779, 21.189164 ] }, { "date": "2024-07-19", "close": 21.836901, "volume": 5979, "typical_volume": 1885.0, "trend": 20.118137, "fair_value": 14.434483, "relative_strength": 35.381098, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 3.719127, "energy": 23.172153, "activity_lines": [ 20.522087, 21.291827, 21.699906, 21.314915 ] }, { "date": "2024-07-26", "close": 21.331699, "volume": 244, "typical_volume": 1633.95, "trend": 20.340957, "fair_value": 14.481086, "relative_strength": 30.897056, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 3.822387, "energy": 18.373315, "activity_lines": [ 20.75912, 21.200822, 21.629345, 21.393209 ] }, { "date": "2024-08-02", "close": 20.358801, "volume": 1550, "typical_volume": 1278.6, "trend": 20.527477, "fair_value": 14.520534, "relative_strength": 27.957435, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -0.059399, "energy": 9.833189, "activity_lines": [ 20.70382, 20.946862, 21.47377, 21.39436 ] }, { "date": "2024-08-09", "close": 19.2152, "volume": 15283, "typical_volume": 1824.3, "trend": 20.646953, "fair_value": 14.551831, "relative_strength": 19.224121, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -35.958871, "energy": 21.388317, "activity_lines": [ 20.311667, 20.537098, 21.224232, 21.309697 ] }, { "date": "2024-08-16", "close": 19.052999, "volume": 5, "typical_volume": 1817.45, "trend": 20.80094, "fair_value": 14.58164, "relative_strength": 14.14474, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -38.023343, "energy": 33.054795, "activity_lines": [ 19.846833, 20.16762, 20.971668, 21.206862 ] }, { "date": "2024-08-23", "close": 18.580099, "volume": 6, "typical_volume": 1704.75, "trend": 20.93783, "fair_value": 14.607946, "relative_strength": 8.38741, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -41.6724, "energy": 57.750904, "activity_lines": [ 19.253826, 19.806049, 20.697909, 21.063582 ] }, { "date": "2024-08-30", "close": 18.244699, "volume": 2530, "typical_volume": 1762.05, "trend": 21.04614, "fair_value": 14.631716, "relative_strength": 4.703964, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -70.401712, "energy": 72.690512, "activity_lines": [ 18.766139, 19.457052, 20.411855, 20.889831 ] }, { "date": "2024-09-06", "close": 16.976601, "volume": 632, "typical_volume": 1741.85, "trend": 21.068887, "fair_value": 14.646942, "relative_strength": 0.216363, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -79.929262, "energy": 80.023577, "activity_lines": [ 18.061553, 18.942338, 20.031208, 20.62728 ] }, { "date": "2024-09-13", "close": 17.68, "volume": 1, "typical_volume": 1685.85, "trend": 21.05688, "fair_value": 14.66651, "relative_strength": 1.882904, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.944124, "energy": 76.018418, "activity_lines": [ 17.816913, 18.629103, 19.739662, 20.408643 ] }, { "date": "2024-09-20", "close": 19.405001, "volume": 310, "typical_volume": 1694.9, "trend": 21.112777, "fair_value": 14.696885, "relative_strength": 10.173436, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.441817, "energy": 51.05596, "activity_lines": [ 18.24962, 18.652342, 19.630469, 20.30207 ] }, { "date": "2024-09-27", "close": 20.4849, "volume": 2642, "typical_volume": 1818.25, "trend": 21.09273, "fair_value": 14.686845, "relative_strength": 10.830884, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -40.408323, "energy": 28.845833, "activity_lines": [ 19.018827, 18.87356, 19.630459, 20.261562 ] }, { "date": "2024-10-04", "close": 19.104099, "volume": 22, "typical_volume": 1769.25, "trend": 20.96497, "fair_value": 14.648293, "relative_strength": 5.847869, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -37.621853, "energy": 20.583239, "activity_lines": [ 19.20078, 18.868305, 19.499171, 20.133263 ] }, { "date": "2024-10-11", "close": 19.5023, "volume": 220, "typical_volume": 1695.05, "trend": 20.831767, "fair_value": 14.599213, "relative_strength": 6.517506, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -31.12518, "energy": 23.895023, "activity_lines": [ 19.458173, 18.975953, 19.420066, 20.038897 ] }, { "date": "2024-10-18", "close": 21.3941, "volume": 197, "typical_volume": 1589.6, "trend": 20.817437, "fair_value": 14.556151, "relative_strength": 15.145647, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -1.378209, "energy": 17.321902, "activity_lines": [ 20.177787, 19.443136, 19.538861, 20.075177 ] }, { "date": "2024-10-25", "close": 21.2626, "volume": 294, "typical_volume": 1568.95, "trend": 20.724193, "fair_value": 14.510145, "relative_strength": 15.208196, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 8.179667, "energy": 21.925338, "activity_lines": [ 20.60596, 19.846795, 19.653032, 20.103897 ] }, { "date": "2024-11-01", "close": 21.5324, "volume": 1256, "typical_volume": 1604.2, "trend": 20.68507, "fair_value": 14.461501, "relative_strength": 16.963714, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 31.097496, "energy": 40.401004, "activity_lines": [ 21.000227, 20.259333, 19.806967, 20.156039 ] }, { "date": "2024-11-08", "close": 23.975901, "volume": 1015, "typical_volume": 1630.1, "trend": 20.69286, "fair_value": 14.423651, "relative_strength": 30.100355, "stage": 3, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 53.518511, "energy": 74.051225, "activity_lines": [ 22.13916, 21.062466, 20.198821, 20.368351 ] }, { "date": "2024-11-15", "close": 28.0063, "volume": 10947, "typical_volume": 2173.85, "trend": 20.90574, "fair_value": 14.42701, "relative_strength": 50.956934, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 69.393194, "energy": 87.630118, "activity_lines": [ 24.296774, 22.494195, 20.964216, 20.840186 ] }, { "date": "2024-11-22", "close": 31.6602, "volume": 2453, "typical_volume": 2284.15, "trend": 21.245277, "fair_value": 14.457466, "relative_strength": 67.768149, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 98.768417, "energy": 99.237907, "activity_lines": [ 27.10542, 24.389729, 22.044351, 21.534022 ] }, { "date": "2024-11-29", "close": 31.688, "volume": 1694, "typical_volume": 2364.0, "trend": 21.610367, "fair_value": 14.485731, "relative_strength": 65.244389, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 93.55657, "energy": 97.653274, "activity_lines": [ 29.238927, 26.036133, 23.066543, 22.207746 ] }, { "date": "2024-12-06", "close": 33.195202, "volume": 5429, "typical_volume": 2336.5, "trend": 22.032447, "fair_value": 14.54726, "relative_strength": 65.690766, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 90.464413, "energy": 96.61292, "activity_lines": [ 31.179807, 27.733246, 24.174216, 22.955155 ] }, { "date": "2024-12-13", "close": 33.529598, "volume": 2531, "typical_volume": 2450.85, "trend": 22.413493, "fair_value": 14.619169, "relative_strength": 64.666771, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 81.894387, "energy": 93.58051, "activity_lines": [ 32.454633, 29.260062, 25.259649, 23.696906 ] }, { "date": "2024-12-20", "close": 31.7978, "volume": 2325, "typical_volume": 2489.6, "trend": 22.699233, "fair_value": 14.671281, "relative_strength": 56.435328, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 68.415978, "energy": 82.661992, "activity_lines": [ 32.51528, 30.209724, 26.122063, 24.302345 ] }, { "date": "2024-12-27", "close": 30.964001, "volume": 1003, "typical_volume": 1775.6, "trend": 22.962937, "fair_value": 14.723813, "relative_strength": 48.342573, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.657941, "energy": 67.043166, "activity_lines": [ 32.045227, 30.784231, 26.850596, 24.835556 ] }, { "date": "2025-01-03", "close": 33.270401, "volume": 2279, "typical_volume": 1889.3, "trend": 23.26472, "fair_value": 14.829998, "relative_strength": 58.227607, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 74.398422, "energy": 68.155595, "activity_lines": [ 32.390387, 31.604086, 27.74284, 25.500554 ] }, { "date": "2025-01-10", "close": 31.329399, "volume": 2220, "typical_volume": 2000.0, "trend": 23.554843, "fair_value": 14.899079, "relative_strength": 43.977678, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 62.167408, "energy": 59.3307, "activity_lines": [ 31.983053, 31.852707, 28.382525, 26.020856 ] }, { "date": "2025-01-17", "close": 35.1339, "volume": 1629, "typical_volume": 1954.95, "trend": 23.998933, "fair_value": 15.021155, "relative_strength": 53.012972, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 78.942447, "energy": 65.212727, "activity_lines": [ 32.968273, 32.614929, 29.323832, 26.767892 ] }, { "date": "2025-01-24", "close": 34.621899, "volume": 2558, "typical_volume": 2051.25, "trend": 24.452197, "fair_value": 15.147065, "relative_strength": 44.335948, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 70.133517, "energy": 61.949072, "activity_lines": [ 33.675873, 33.081187, 30.135952, 27.453244 ] }, { "date": "2025-01-31", "close": 34.534, "volume": 2386, "typical_volume": 2170.5, "trend": 24.97213, "fair_value": 15.264783, "relative_strength": 41.431915, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.145395, "energy": 58.520564, "activity_lines": [ 34.1659, 33.41118, 30.855676, 28.103683 ] }, { "date": "2025-02-07", "close": 31.1366, "volume": 1848, "typical_volume": 2247.4, "trend": 25.360187, "fair_value": 15.35303, "relative_strength": 25.755131, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.152193, "energy": 50.396255, "activity_lines": [ 33.28546, 33.071213, 31.171581, 28.501391 ] }, { "date": "2025-02-14", "close": 30.7304, "volume": 2240, "typical_volume": 2227.3, "trend": 25.656637, "fair_value": 15.447007, "relative_strength": 19.929974, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 46.525662, "energy": 37.120002, "activity_lines": [ 32.411873, 32.667416, 31.392935, 28.847856 ] }, { "date": "2025-02-21", "close": 30.9683, "volume": 2388, "typical_volume": 2345.6, "trend": 25.977857, "fair_value": 15.544432, "relative_strength": 20.055842, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 40.721353, "energy": 25.882162, "activity_lines": [ 31.65752, 32.351689, 31.588159, 29.190544 ] }, { "date": "2025-02-28", "close": 26.2442, "volume": 5482, "typical_volume": 2608.7, "trend": 26.174037, "fair_value": 15.605741, "relative_strength": 1.921626, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -5.38204, "energy": 20.107934, "activity_lines": [ 29.606173, 31.223604, 31.276971, 29.207728 ] }, { "date": "2025-03-07", "close": 26.2143, "volume": 4014, "typical_volume": 2799.55, "trend": 26.40734, "fair_value": 15.671987, "relative_strength": 1.462546, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -10.015766, "energy": 27.567676, "activity_lines": [ 28.103373, 30.191056, 30.930832, 29.210325 ] }, { "date": "2025-03-14", "close": 24.984699, "volume": 2474, "typical_volume": 2908.55, "trend": 26.605063, "fair_value": 15.723235, "relative_strength": -2.320304, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -17.191017, "energy": 35.385637, "activity_lines": [ 26.745353, 29.021303, 30.444635, 29.118542 ] }, { "date": "2025-03-21", "close": 25.139, "volume": 1586, "typical_volume": 2925.05, "trend": 26.823693, "fair_value": 15.766049, "relative_strength": -2.161146, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -33.328868, "energy": 57.334759, "activity_lines": [ 25.848893, 28.030254, 29.955409, 29.023957 ] }, { "date": "2025-03-28", "close": 24.8524, "volume": 991, "typical_volume": 2923.85, "trend": 27.04395, "fair_value": 15.799654, "relative_strength": -1.848949, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -31.865973, "energy": 63.05361, "activity_lines": [ 25.22966, 27.099649, 29.421713, 28.896777 ] }, { "date": "2025-04-04", "close": 24.0735, "volume": 2391, "typical_volume": 2496.05, "trend": 27.280513, "fair_value": 15.83301, "relative_strength": 3.148323, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -36.296742, "energy": 62.185395, "activity_lines": [ 24.75852, 26.214362, 28.809663, 28.705135 ] }, { "date": "2025-04-11", "close": 22.6539, "volume": 2119, "typical_volume": 2479.35, "trend": 27.44631, "fair_value": 15.866817, "relative_strength": -0.743416, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -50.750186, "energy": 66.825638, "activity_lines": [ 23.958893, 25.262754, 28.08114, 28.406644 ] }, { "date": "2025-04-18", "close": 23.2092, "volume": 163, "typical_volume": 2402.8, "trend": 27.573117, "fair_value": 15.905529, "relative_strength": -1.127846, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -43.671881, "energy": 64.623802, "activity_lines": [ 23.581727, 24.628113, 27.44839, 28.133282 ] }, { "date": "2025-04-25", "close": 26.1877, "volume": 2097, "typical_volume": 2236.2, "trend": 27.76321, "fair_value": 15.964681, "relative_strength": 7.328708, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -36.538677, "energy": 44.339451, "activity_lines": [ 24.31576, 24.679151, 27.139682, 28.0439 ] }, { "date": "2025-05-02", "close": 26.661501, "volume": 1365, "typical_volume": 2177.9, "trend": 28.015123, "fair_value": 16.034883, "relative_strength": 5.459851, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -49.540764, "energy": 39.316517, "activity_lines": [ 25.137814, 24.898929, 26.909467, 27.972822 ] }, { "date": "2025-05-09", "close": 28.998301, "volume": 2827, "typical_volume": 2203.0, "trend": 28.331657, "fair_value": 16.140513, "relative_strength": 14.25715, "stage": 2, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -26.643153, "energy": 23.311486, "activity_lines": [ 26.618194, 25.621886, 26.934509, 28.036253 ] }, { "date": "2025-05-16", "close": 29.894899, "volume": 2359, "typical_volume": 2270.8, "trend": 28.615017, "fair_value": 16.256763, "relative_strength": 14.923429, "stage": 2, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -6.076738, "energy": 24.009431, "activity_lines": [ 28.06912, 26.457786, 27.058273, 28.137108 ] }, { "date": "2025-05-23", "close": 30.482599, "volume": 2729, "typical_volume": 2293.3, "trend": 28.92235, "fair_value": 16.380882, "relative_strength": 18.747791, "stage": 2, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "mixed", "direction": 26.707597, "energy": 34.807206, "activity_lines": [ 29.233213, 27.33362, 27.243099, 28.257597 ] }, { "date": "2025-05-30", "close": 29.512899, "volume": 2200, "typical_volume": 2292.3, "trend": 29.188367, "fair_value": 16.493529, "relative_strength": 14.100609, "stage": 2, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 21.024377, "energy": 37.095197, "activity_lines": [ 29.589179, 27.933183, 27.348848, 28.295697 ] }, { "date": "2025-06-06", "close": 28.9475, "volume": 899, "typical_volume": 2255.8, "trend": 29.354087, "fair_value": 16.602295, "relative_strength": 10.71952, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 21.524166, "energy": 36.732046, "activity_lines": [ 29.534999, 28.350422, 27.409399, 28.280157 ] }, { "date": "2025-06-13", "close": 28.5921, "volume": 4136, "typical_volume": 2334.7, "trend": 29.373613, "fair_value": 16.734808, "relative_strength": 10.622727, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "down", "direction": 0.993378, "energy": 29.955352, "activity_lines": [ 29.209953, 28.628585, 27.465562, 28.230996 ] }, { "date": "2025-06-20", "close": 28.3612, "volume": 595, "typical_volume": 2245.15, "trend": 29.263647, "fair_value": 16.863534, "relative_strength": 10.548389, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -4.846284, "energy": 12.772816, "activity_lines": [ 28.83502, 28.782611, 27.528448, 28.165679 ] }, { "date": "2025-06-27", "close": 28.2124, "volume": 4063, "typical_volume": 2355.9, "trend": 29.147793, "fair_value": 16.995601, "relative_strength": 7.985115, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -18.864089, "energy": 12.829298, "activity_lines": [ 28.512733, 28.805813, 27.606557, 28.097857 ] }, { "date": "2025-07-04", "close": 28.189301, "volume": 536, "typical_volume": 2270.7, "trend": 28.98093, "fair_value": 17.119442, "relative_strength": 7.105483, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -22.437114, "energy": 15.909532, "activity_lines": [ 28.334094, 28.733847, 27.69639, 28.036019 ] }, { "date": "2025-07-11", "close": 32.162998, "volume": 963, "typical_volume": 2199.45, "trend": 28.935377, "fair_value": 17.270452, "relative_strength": 19.066603, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 37.903237, "energy": 26.395968, "activity_lines": [ 29.56826, 29.34798, 28.176771, 28.241314 ] }, { "date": "2025-07-18", "close": 33.3773, "volume": 1697, "typical_volume": 2010.2, "trend": 28.988027, "fair_value": 17.421296, "relative_strength": 22.730332, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 52.838321, "energy": 60.677844, "activity_lines": [ 30.992826, 30.082867, 28.767111, 28.527889 ] }, { "date": "2025-07-25", "close": 32.646801, "volume": 1773, "typical_volume": 1898.15, "trend": 29.04412, "fair_value": 17.564181, "relative_strength": 18.986705, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 44.49459, "energy": 68.642597, "activity_lines": [ 31.85488, 30.605318, 29.253913, 28.763939 ] }, { "date": "2025-08-01", "close": 32.860699, "volume": 1220, "typical_volume": 1835.45, "trend": 29.030463, "fair_value": 17.710024, "relative_strength": 23.296311, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 42.009802, "energy": 71.737574, "activity_lines": [ 32.502526, 31.116625, 29.730455, 29.01017 ] }, { "date": "2025-08-08", "close": 33.594601, "volume": 3228, "typical_volume": 1917.55, "trend": 29.10597, "fair_value": 17.857035, "relative_strength": 21.721836, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 73.077608, "energy": 85.388302, "activity_lines": [ 33.08492, 31.718131, 30.239387, 29.304631 ] }, { "date": "2025-08-15", "close": 34.182899, "volume": 2168, "typical_volume": 1976.4, "trend": 29.07427, "fair_value": 18.014337, "relative_strength": 19.896458, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 75.697289, "energy": 83.981403, "activity_lines": [ 33.50306, 32.352387, 30.764083, 29.632174 ] }, { "date": "2025-08-22", "close": 34.530998, "volume": 1115, "typical_volume": 1912.6, "trend": 29.07124, "fair_value": 18.175391, "relative_strength": 19.216444, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 75.675516, "energy": 83.296436, "activity_lines": [ 33.902573, 32.954745, 31.277501, 29.984221 ] }, { "date": "2025-08-29", "close": 32.3722, "volume": 4018, "typical_volume": 2007.55, "trend": 28.99918, "fair_value": 18.323562, "relative_strength": 14.521702, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.531653, "energy": 57.905787, "activity_lines": [ 33.505573, 33.056614, 31.535521, 30.197187 ] }, { "date": "2025-09-05", "close": 32.635601, "volume": 1468, "typical_volume": 2072.8, "trend": 29.049147, "fair_value": 18.470516, "relative_strength": 14.723126, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 60.853829, "energy": 49.025098, "activity_lines": [ 33.21468, 33.133447, 31.772349, 30.431794 ] }, { "date": "2025-09-12", "close": 34.351601, "volume": 910, "typical_volume": 2013.45, "trend": 29.169853, "fair_value": 18.634451, "relative_strength": 17.204235, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 70.521255, "energy": 50.772314, "activity_lines": [ 33.510794, 33.441858, 32.127718, 30.773888 ] }, { "date": "2025-09-19", "close": 34.352699, "volume": 1899, "typical_volume": 2040.15, "trend": 29.282667, "fair_value": 18.799072, "relative_strength": 15.723167, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.011321, "energy": 46.054903, "activity_lines": [ 33.756807, 33.638427, 32.444316, 31.108265 ] }, { "date": "2025-09-26", "close": 32.026299, "volume": 2221, "typical_volume": 2009.85, "trend": 29.475403, "fair_value": 18.946316, "relative_strength": 6.869039, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 44.945097, "energy": 32.939216, "activity_lines": [ 33.216033, 33.372202, 32.502727, 31.285274 ] }, { "date": "2025-10-03", "close": 35.7043, "volume": 1636, "typical_volume": 1973.7, "trend": 29.791737, "fair_value": 19.118177, "relative_strength": 14.939453, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 73.316553, "energy": 48.183271, "activity_lines": [ 34.06824, 33.799267, 32.897005, 31.687138 ] }, { "date": "2025-10-10", "close": 35.033699, "volume": 2301, "typical_volume": 1952.3, "trend": 30.126703, "fair_value": 19.286569, "relative_strength": 14.053832, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.761549, "energy": 47.530412, "activity_lines": [ 34.474773, 34.048814, 33.199753, 32.025329 ] }, { "date": "2025-10-17", "close": 30.851299, "volume": 5038, "typical_volume": 2094.2, "trend": 30.317113, "fair_value": 19.429845, "relative_strength": -3.172873, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 26.268117, "energy": 18.864796, "activity_lines": [ 33.327299, 33.498416, 33.082505, 32.072078 ] }, { "date": "2025-10-24", "close": 32.537498, "volume": 722, "typical_volume": 2085.35, "trend": 30.573283, "fair_value": 19.579117, "relative_strength": 0.923285, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 35.681076, "energy": 21.375897, "activity_lines": [ 32.975245, 33.304477, 33.119474, 32.215328 ] }, { "date": "2025-10-31", "close": 32.3494, "volume": 1602, "typical_volume": 1958.65, "trend": 30.849146, "fair_value": 19.724115, "relative_strength": 1.09742, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 18.710049, "energy": 14.069669, "activity_lines": [ 32.681506, 33.106256, 33.121433, 32.329916 ] }, { "date": "2025-11-07", "close": 29.203699, "volume": 2069, "typical_volume": 2032.35, "trend": 31.067473, "fair_value": 19.864265, "relative_strength": -6.956151, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": -12.854132, "energy": 24.661138, "activity_lines": [ 31.317659, 32.375754, 32.80591, 32.223758 ] }, { "date": "2025-11-14", "close": 28.004801, "volume": 1563, "typical_volume": 1907.35, "trend": 31.227326, "fair_value": 19.997592, "relative_strength": -12.99745, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -37.127625, "energy": 49.740306, "activity_lines": [ 29.987553, 31.484879, 32.372195, 32.026167 ] }, { "date": "2025-11-21", "close": 24.2089, "volume": 3230, "typical_volume": 2042.05, "trend": 31.161366, "fair_value": 20.10698, "relative_strength": -22.520732, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -51.777511, "energy": 70.829837, "activity_lines": [ 27.86074, 29.988038, 31.577953, 31.573365 ] }, { "date": "2025-11-28", "close": 26.454, "volume": 1986, "typical_volume": 2093.2, "trend": 31.15445, "fair_value": 20.229725, "relative_strength": -16.333682, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -42.061895, "energy": 71.304931, "activity_lines": [ 26.92512, 29.083809, 31.016485, 31.269664 ] }, { "date": "2025-12-05", "close": 25.832899, "volume": 4870, "typical_volume": 2251.85, "trend": 31.048936, "fair_value": 20.34827, "relative_strength": -17.694834, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -69.523922, "energy": 81.600414, "activity_lines": [ 26.188033, 28.210265, 30.423051, 30.926338 ] }, { "date": "2025-12-12", "close": 25.825199, "volume": 234, "typical_volume": 2174.9, "trend": 30.91328, "fair_value": 20.467088, "relative_strength": -16.700506, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -68.137353, "energy": 79.623766, "activity_lines": [ 25.882813, 27.447929, 29.864808, 30.589323 ] }, { "date": "2025-12-19", "close": 25.183201, "volume": 2683, "typical_volume": 2248.05, "trend": 30.736633, "fair_value": 20.583936, "relative_strength": -19.076877, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -69.974797, "energy": 69.982431, "activity_lines": [ 25.588827, 26.748485, 29.277907, 30.21964 ] }, { "date": "2025-12-26", "close": 24.697001, "volume": 601, "typical_volume": 2116.7, "trend": 30.576103, "fair_value": 20.698959, "relative_strength": -19.701076, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -71.829768, "energy": 63.281229, "activity_lines": [ 25.32088, 26.139742, 28.68126, 29.829987 ] }, { "date": "2026-01-02", "close": 25.7012, "volume": 2632, "typical_volume": 2139.9, "trend": 30.467893, "fair_value": 20.818564, "relative_strength": -16.766208, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.218828, "energy": 55.122401, "activity_lines": [ 25.355127, 25.825476, 28.222621, 29.515477 ] }, { "date": "2026-01-09", "close": 26.4312, "volume": 4694, "typical_volume": 2318.85, "trend": 30.395863, "fair_value": 20.938556, "relative_strength": -15.656105, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.97743, "energy": 48.826176, "activity_lines": [ 25.682894, 25.768235, 27.873895, 29.255045 ] }, { "date": "2026-01-16", "close": 27.435801, "volume": 1261, "typical_volume": 2181.0, "trend": 30.365016, "fair_value": 21.060204, "relative_strength": -10.791494, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -47.423092, "energy": 37.954357, "activity_lines": [ 26.305641, 26.001251, 27.659416, 29.064073 ] }, { "date": "2026-01-23", "close": 25.321899, "volume": 2086, "typical_volume": 2211.9, "trend": 30.268666, "fair_value": 21.164639, "relative_strength": -15.947247, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -51.678054, "energy": 35.95189, "activity_lines": [ 26.11638, 25.882066, 27.267119, 28.738711 ] }, { "date": "2026-01-30", "close": 23.297501, "volume": 1587, "typical_volume": 2245.75, "trend": 30.105606, "fair_value": 21.253469, "relative_strength": -21.910248, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -75.114552, "energy": 48.691544, "activity_lines": [ 25.243074, 25.443588, 26.71685, 28.288958 ] }, { "date": "2026-02-06", "close": 19.2428, "volume": 6085, "typical_volume": 2455.05, "trend": 29.674933, "fair_value": 21.317829, "relative_strength": -36.120837, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -88.290581, "energy": 81.291248, "activity_lines": [ 23.1115, 24.284462, 25.833057, 27.588132 ] }, { "date": "2026-02-13", "close": 18.947599, "volume": 2539, "typical_volume": 2470.95, "trend": 29.193943, "fair_value": 21.376606, "relative_strength": -36.895025, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -87.623274, "energy": 94.054033, "activity_lines": [ 21.312086, 23.202776, 24.993101, 26.896046 ] }, { "date": "2026-02-20", "close": 18.6661, "volume": 1510, "typical_volume": 2464.65, "trend": 28.72792, "fair_value": 21.434286, "relative_strength": -38.796884, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -83.026748, "energy": 93.699724, "activity_lines": [ 19.917746, 22.195096, 24.188616, 26.21683 ] }, { "date": "2026-02-27", "close": 18.2456, "volume": 1169, "typical_volume": 2408.05, "trend": 28.24075, "fair_value": 21.493145, "relative_strength": -40.274966, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -79.226171, "energy": 92.532083, "activity_lines": [ 18.967887, 21.241127, 23.425218, 25.540551 ] }, { "date": "2026-03-06", "close": 19.9175, "volume": 2303, "typical_volume": 2271.3, "trend": 27.784846, "fair_value": 21.568619, "relative_strength": -29.732798, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -68.295335, "energy": 88.199988, "activity_lines": [ 19.04708, 20.717278, 22.900991, 25.003568 ] }, { "date": "2026-03-13", "close": 20.3255, "volume": 3423, "typical_volume": 2406.35, "trend": 27.322933, "fair_value": 21.636645, "relative_strength": -27.336585, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.147292, "energy": 71.603192, "activity_lines": [ 19.487607, 20.354511, 22.467687, 24.522319 ] }, { "date": "2026-03-20", "close": 19.8542, "volume": 3659, "typical_volume": 2509.2, "trend": 26.833707, "fair_value": 21.695137, "relative_strength": -26.5305, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.264765, "energy": 62.123899, "activity_lines": [ 19.698853, 20.003793, 22.04765, 24.040466 ] }, { "date": "2026-03-27", "close": 18.7304, "volume": 3684, "typical_volume": 2589.95, "trend": 26.37898, "fair_value": 21.747509, "relative_strength": -30.748705, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -70.879489, "energy": 60.478149, "activity_lines": [ 19.47506, 19.568329, 21.580085, 23.517672 ] }, { "date": "2026-04-03", "close": 18.846201, "volume": 3170, "typical_volume": 2670.3, "trend": 25.919333, "fair_value": 21.799644, "relative_strength": -32.250122, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.857539, "energy": 57.292077, "activity_lines": [ 19.28558, 19.3122, 21.173422, 23.031686 ] }, { "date": "2026-04-10", "close": 20.113701, "volume": 340, "typical_volume": 2525.8, "trend": 25.444737, "fair_value": 21.853978, "relative_strength": -30.00519, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -49.978874, "energy": 48.198832, "activity_lines": [ 19.478561, 19.404266, 20.931085, 22.657129 ] }, { "date": "2026-04-17", "close": 21.422899, "volume": 3540, "typical_volume": 2603.5, "trend": 25.013743, "fair_value": 21.923336, "relative_strength": -26.653355, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -46.187262, "energy": 38.979889, "activity_lines": [ 20.09486, 19.792255, 20.832935, 22.397656 ] }, { "date": "2026-04-24", "close": 21.373301, "volume": 1609, "typical_volume": 2440.45, "trend": 24.658643, "fair_value": 21.990193, "relative_strength": -24.065242, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -40.024707, "energy": 26.429331, "activity_lines": [ 20.621467, 20.131588, 20.754019, 22.162788 ] }, { "date": "2026-05-01", "close": 20.916201, "volume": 3303, "typical_volume": 2593.9, "trend": 24.165707, "fair_value": 22.054917, "relative_strength": -24.938518, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -34.321606, "energy": 25.50945, "activity_lines": [ 20.894434, 20.343708, 20.652806, 21.921341 ] }, { "date": "2026-05-08", "close": 21.6047, "volume": 883, "typical_volume": 2503.9, "trend": 23.718073, "fair_value": 22.128858, "relative_strength": -21.973384, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -26.973997, "energy": 27.122348, "activity_lines": [ 21.25118, 20.640099, 20.64054, 21.756114 ] }, { "date": "2026-05-15", "close": 21.7717, "volume": 1877, "typical_volume": 2567.7, "trend": 23.41542, "fair_value": 22.202317, "relative_strength": -19.309405, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -8.87591, "energy": 19.071702, "activity_lines": [ 21.479694, 20.905779, 20.66122, 21.630542 ] }, { "date": "2026-05-22", "close": 21.166901, "volume": 2511, "typical_volume": 2561.65, "trend": 23.0364, "fair_value": 22.271338, "relative_strength": -22.543212, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -12.002077, "energy": 15.399874, "activity_lines": [ 21.396074, 21.027782, 20.638229, 21.485476 ] }, { "date": "2026-05-29", "close": 20.156799, "volume": 60, "typical_volume": 2329.95, "trend": 22.62998, "fair_value": 22.33296, "relative_strength": -26.282877, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -24.742889, "energy": 14.283391, "activity_lines": [ 20.99282, 20.950833, 20.540631, 21.299695 ] }, { "date": "2026-06-05", "close": 16.8265, "volume": 3326, "typical_volume": 2433.2, "trend": 22.217407, "fair_value": 22.375252, "relative_strength": -38.132129, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -71.907452, "energy": 57.962813, "activity_lines": [ 19.560567, 20.262873, 20.155739, 20.925277 ] }, { "date": "2026-06-12", "close": 17.675301, "volume": 236, "typical_volume": 2340.7, "trend": 21.87309, "fair_value": 22.428315, "relative_strength": -35.441647, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -77.745435, "energy": 81.913074, "activity_lines": [ 18.683894, 19.763857, 19.902205, 20.632238 ] }, { "date": "2026-06-19", "close": 17.599001, "volume": 538, "typical_volume": 2288.25, "trend": 21.65276, "fair_value": 22.470904, "relative_strength": -35.634911, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -73.366965, "energy": 87.296386, "activity_lines": [ 18.043747, 19.272257, 19.677818, 20.356491 ] }, { "date": "2026-06-26", "close": 16.864901, "volume": 260, "typical_volume": 1997.0, "trend": 21.333124, "fair_value": 22.510463, "relative_strength": -37.4391, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -79.704394, "energy": 92.321481, "activity_lines": [ 17.437081, 18.692906, 19.410652, 20.047596 ] }, { "date": "2026-07-03", "close": 17.5166, "volume": 4, "typical_volume": 1870.25, "trend": 21.055914, "fair_value": 22.553459, "relative_strength": -35.342201, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.429356, "energy": 86.797906, "activity_lines": [ 17.334447, 18.314919, 19.216876, 19.801369 ] }, { "date": "2026-07-10", "close": 18.030001, "volume": 1131, "typical_volume": 1851.3, "trend": 20.796074, "fair_value": 22.597013, "relative_strength": -31.290045, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.089126, "energy": 74.383252, "activity_lines": [ 17.578961, 18.100399, 19.078809, 19.606149 ] }, { "date": "2026-07-17", "close": 17.762501, "volume": 201, "typical_volume": 1802.9, "trend": 20.548717, "fair_value": 22.641578, "relative_strength": -31.412562, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.847445, "energy": 57.733589, "activity_lines": [ 17.654074, 17.889719, 18.918295, 19.410435 ] }, { "date": "2026-07-24", "close": 18.1075, "volume": 1267, "typical_volume": 1751.1, "trend": 20.329067, "fair_value": 22.688838, "relative_strength": -29.484797, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -48.76176, "energy": 42.963675, "activity_lines": [ 17.838374, 17.811624, 18.792939, 19.252937 ] }, { "date": "2026-07-31", "close": 17.5581, "volume": 2085, "typical_volume": 1684.2, "trend": 20.05763, "fair_value": 22.733775, "relative_strength": -31.747452, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "down", "direction": -50.228942, "energy": 39.553943, "activity_lines": [ 17.80564, 17.70026, 18.623878, 19.074165 ] }, { "date": "2026-08-07", "close": 18.0543, "volume": 38146, "typical_volume": 3408.55, "trend": 19.7784, "fair_value": 22.781337, "relative_strength": -30.469063, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "down", "direction": -44.618739, "energy": 36.005024, "activity_lines": [ 17.892094, 17.744729, 18.515252, 18.944918 ] } ], "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." } } }