{ "ticker": { "uuid": "37bd01e7-900f-4386-8c9e-3d3b8c8c8ce4", "symbol": "VITA", "name": "Rize Environmental Impact 100 UCITS ETF", "exchange": "MIL", "country": "IT", "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": "FTSEMIB.MI", "stage": 2, "stage_name": "Advancing", "phase": "2c", "phase_label": "Stage 2C \u00b7 Late advance", "transition": "stage_2_healthy", "transition_label": "Stage 2 trend intact", "confidence": 53.746, "architecture_regime": "deceleration", "architecture_regime_label": "Deceleration", "architecture_modifier": "Recompressing", "architecture_gate": "up", "architecture_direction": 36.482, "architecture_energy": 18.223, "architecture_maturity": 49.475, "architecture_confidence": 76.102, "architecture_tenure": "Developing", "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": 51.47, "rotation_up": 28.81, "upward_expansion": 47.84, "deceleration": 84.25, "rotation_down": 26.3, "downward_expansion": 25.84 }, "activity_lines": [ 5.551133, 5.555145, 5.562167, 5.499606 ], "activity_state": "Compressed", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.0 }, "latest_close": 5.651, "trend_reference": 5.418167, "distance_from_trend": 0.042973, "trend_direction": "Improving", "fair_value": 4.602074, "distance_from_fair_value": 0.227925, "fair_value_direction": "Weakening", "relative_strength": -5.868195, "relative_strength_direction": "Weakening", "price_momentum": 0.070062, "excess_performance": -0.100829, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.042973, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.047127, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.227925, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.028138, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.058682, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.072853, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.070062, "read": "Positive" }, { "label": "Volume balance", "positive": false, "value": 0.860025, "read": "Supply-led" } ], "volume": { "latest": 4173, "relative_activity": 1.146476, "balance": 0.860025, "dry_up": 1.700207, "accumulation_observations": 3, "distribution_observations": 4 }, "risk": { "range_context": 0.024107, "annualized_volatility": 0.144676, "from_high_reference": -0.021811, "from_low_reference": 0.221706 }, "levels": { "trend_reference": 5.418167, "fair_value_reference": 4.602074, "structural_low": 5.003, "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 11, "median_return": 0.025389, "positive_rate": 0.818182, "directional_follow_through": 0.818182, "median_excess_return": 0.005543, "regime_survival": 0.454545, "best_return": 0.102574, "worst_return": -0.023748, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 5, "median_return": 0.05247, "positive_rate": 1.0, "directional_follow_through": 1.0, "median_excess_return": 0.001567, "regime_survival": 0.0, "best_return": 0.158313, "worst_return": 0.021864, "sufficient": true }, { "horizon": "Extended", "sample_count": 4, "median_return": 0.049382, "positive_rate": 1.0, "directional_follow_through": 1.0, "median_excess_return": -0.042449, "regime_survival": 0.25, "best_return": 0.228507, "worst_return": 0.005394, "sufficient": false }, { "horizon": "Full cycle", "sample_count": 2, "median_return": 0.024256, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": -0.208826, "regime_survival": 0.0, "best_return": 0.050264, "worst_return": -0.001752, "sufficient": false } ], "ledger": [ { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-08-16", "end": "2024-09-27", "tenure": "Developing", "return": 0.066155, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-10-04", "end": "2024-12-27", "tenure": "Established", "return": -0.031869, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-01-03", "end": "2025-01-31", "tenure": "Developing", "return": 0.024798, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-02-07", "end": "2025-02-21", "tenure": "New", "return": 0.009728, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-02-28", "end": "2025-02-28", "tenure": "New", "return": 0.0, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-03-07", "end": "2025-03-14", "tenure": "New", "return": -0.022654, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-03-21", "end": "2025-05-23", "tenure": "Developing", "return": 0.042496, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-05-30", "end": "2025-07-04", "tenure": "Developing", "return": 0.002098, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-07-11", "end": "2025-11-21", "tenure": "Established", "return": 0.026556, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-11-28", "end": "2026-01-02", "tenure": "Developing", "return": 0.048084, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-01-09", "end": "2026-03-20", "tenure": "Developing", "return": -0.011851, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-03-27", "end": "2026-04-17", "tenure": "New", "return": 0.08202, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-04-24", "end": "2026-06-26", "tenure": "Developing", "return": 0.007602, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-07-03", "end": "2026-08-07", "tenure": "Developing", "return": 0.008747, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 4.154, "volume": 1670, "typical_volume": 27560.9, "trend": 4.270067, "fair_value": 4.196631, "relative_strength": -8.17767, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 6.790582, "energy": 10.124563, "activity_lines": [ 4.313433, 4.352, 4.33489, 4.302583 ] }, { "date": "2023-08-25", "close": 4.209, "volume": 8844, "typical_volume": 27346.05, "trend": 4.271167, "fair_value": 4.196745, "relative_strength": -7.928266, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -20.35056, "energy": 26.638033, "activity_lines": [ 4.261033, 4.323291, 4.326462, 4.298643 ] }, { "date": "2023-09-01", "close": 4.301, "volume": 10611, "typical_volume": 22582.15, "trend": 4.27165, "fair_value": 4.197702, "relative_strength": -6.933664, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -13.149712, "energy": 25.833516, "activity_lines": [ 4.2565, 4.315227, 4.32641, 4.300568 ] }, { "date": "2023-09-08", "close": 4.1875, "volume": 20732, "typical_volume": 22403.2, "trend": 4.269467, "fair_value": 4.197609, "relative_strength": -7.56758, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -27.11599, "energy": 33.47265, "activity_lines": [ 4.226833, 4.286373, 4.315098, 4.295139 ] }, { "date": "2023-09-15", "close": 4.202, "volume": 31619, "typical_volume": 20723.7, "trend": 4.266317, "fair_value": 4.197649, "relative_strength": -8.862959, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -22.403551, "energy": 40.344866, "activity_lines": [ 4.215667, 4.263818, 4.305088, 4.290786 ] }, { "date": "2023-09-22", "close": 4.1005, "volume": 57081, "typical_volume": 22651.2, "trend": 4.260683, "fair_value": 4.196781, "relative_strength": -9.623061, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -38.35978, "energy": 48.594565, "activity_lines": [ 4.178933, 4.225191, 4.285262, 4.280088 ] }, { "date": "2023-09-29", "close": 4.0735, "volume": 12596, "typical_volume": 21998.35, "trend": 4.256, "fair_value": 4.19569, "relative_strength": -8.738939, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -49.313779, "energy": 63.364912, "activity_lines": [ 4.136767, 4.187082, 4.26341, 4.268012 ] }, { "date": "2023-10-06", "close": 3.9055, "volume": 10312, "typical_volume": 22014.4, "trend": 4.24285, "fair_value": 4.193145, "relative_strength": -10.700571, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -61.709213, "energy": 77.343166, "activity_lines": [ 4.047633, 4.125582, 4.226271, 4.245399 ] }, { "date": "2023-10-13", "close": 3.922, "volume": 14512, "typical_volume": 21416.85, "trend": 4.239617, "fair_value": 4.190787, "relative_strength": -11.266519, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -82.022037, "energy": 89.670201, "activity_lines": [ 3.990367, 4.077736, 4.192421, 4.224699 ] }, { "date": "2023-10-20", "close": 3.7185, "volume": 62315, "typical_volume": 23545.75, "trend": 4.227617, "fair_value": 4.186716, "relative_strength": -12.752221, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -93.125025, "energy": 96.404414, "activity_lines": [ 3.882967, 4.001445, 4.140605, 4.191078 ] }, { "date": "2023-10-27", "close": 3.691, "volume": 18946, "typical_volume": 23175.95, "trend": 4.208683, "fair_value": 4.182479, "relative_strength": -12.765632, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -88.359229, "energy": 95.354229, "activity_lines": [ 3.798633, 3.9312, 4.088957, 4.156458 ] }, { "date": "2023-11-03", "close": 3.891, "volume": 16655, "typical_volume": 22530.25, "trend": 4.200783, "fair_value": 4.180008, "relative_strength": -12.124376, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.865336, "energy": 86.792323, "activity_lines": [ 3.808267, 3.905736, 4.059626, 4.135962 ] }, { "date": "2023-11-10", "close": 3.846, "volume": 16068, "typical_volume": 22936.4, "trend": 4.188767, "fair_value": 4.177202, "relative_strength": -12.245688, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.006055, "energy": 76.724385, "activity_lines": [ 3.815067, 3.877873, 4.02855, 4.113073 ] }, { "date": "2023-11-17", "close": 3.9585, "volume": 42458, "typical_volume": 23831.9, "trend": 4.181683, "fair_value": 4.175379, "relative_strength": -12.382942, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.022649, "energy": 56.479823, "activity_lines": [ 3.863333, 3.878736, 4.010314, 4.098217 ] }, { "date": "2023-11-24", "close": 3.962, "volume": 43520, "typical_volume": 25181.25, "trend": 4.174733, "fair_value": 4.173616, "relative_strength": -11.738762, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -45.498576, "energy": 37.096539, "activity_lines": [ 3.910333, 3.8844, 3.994462, 4.084044 ] }, { "date": "2023-12-01", "close": 4.056, "volume": 3443, "typical_volume": 23752.2, "trend": 4.169433, "fair_value": 4.172652, "relative_strength": -10.798185, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -37.72821, "energy": 28.047083, "activity_lines": [ 3.972433, 3.911518, 3.989329, 4.076384 ] }, { "date": "2023-12-08", "close": 4.1175, "volume": 13966, "typical_volume": 23233.15, "trend": 4.1659, "fair_value": 4.172203, "relative_strength": -10.488939, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -16.546567, "energy": 28.039317, "activity_lines": [ 4.0307, 3.950627, 3.991686, 4.073033 ] }, { "date": "2023-12-15", "close": 4.2435, "volume": 13654, "typical_volume": 22632.3, "trend": 4.16515, "fair_value": 4.172778, "relative_strength": -7.362631, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": 17.59393, "energy": 32.422366, "activity_lines": [ 4.115867, 4.011845, 4.007707, 4.07804 ] }, { "date": "2023-12-22", "close": 4.228, "volume": 52183, "typical_volume": 22721.5, "trend": 4.16545, "fair_value": 4.17322, "relative_strength": -7.337552, "stage": 4, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 34.303628, "energy": 44.110424, "activity_lines": [ 4.169367, 4.0641, 4.023433, 4.082095 ] }, { "date": "2023-12-29", "close": 4.228, "volume": 0, "typical_volume": 22559.25, "trend": 4.162917, "fair_value": 4.173655, "relative_strength": -7.068142, "stage": 4, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 31.963882, "energy": 49.652416, "activity_lines": [ 4.2049, 4.110791, 4.039943, 4.08613 ] }, { "date": "2024-01-05", "close": 4.125, "volume": 6147, "typical_volume": 22783.1, "trend": 4.1545, "fair_value": 4.173272, "relative_strength": -9.377433, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 26.027345, "energy": 47.927718, "activity_lines": [ 4.188367, 4.129491, 4.04711, 4.083684 ] }, { "date": "2024-01-12", "close": 4.119, "volume": 51523, "typical_volume": 24917.05, "trend": 4.144317, "fair_value": 4.172848, "relative_strength": -9.300552, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 23.012841, "energy": 37.382035, "activity_lines": [ 4.165233, 4.139209, 4.053843, 4.081394 ] }, { "date": "2024-01-19", "close": 3.978, "volume": 50728, "typical_volume": 26922.9, "trend": 4.133833, "fair_value": 4.171337, "relative_strength": -11.554018, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "down", "direction": -31.952538, "energy": 17.796486, "activity_lines": [ 4.095, 4.119145, 4.047576, 4.070663 ] }, { "date": "2024-01-26", "close": 4.0935, "volume": 20927, "typical_volume": 26932.65, "trend": 4.123983, "fair_value": 4.170738, "relative_strength": -8.99703, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "down", "direction": -23.579854, "energy": 21.682119, "activity_lines": [ 4.080967, 4.117682, 4.053848, 4.068061 ] }, { "date": "2024-02-02", "close": 4.084, "volume": 41490, "typical_volume": 27426.2, "trend": 4.115683, "fair_value": 4.170076, "relative_strength": -9.90483, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "down", "direction": -26.606172, "energy": 24.403657, "activity_lines": [ 4.072733, 4.112036, 4.059662, 4.065482 ] }, { "date": "2024-02-09", "close": 4.112, "volume": 19897, "typical_volume": 25567.0, "trend": 4.106117, "fair_value": 4.169636, "relative_strength": -10.281922, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": 1.929688, "energy": 13.857696, "activity_lines": [ 4.083433, 4.109264, 4.068705, 4.065244 ] }, { "date": "2024-02-16", "close": 4.1735, "volume": 66950, "typical_volume": 28284.7, "trend": 4.096333, "fair_value": 4.169665, "relative_strength": -10.319841, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 24.829763, "energy": 17.745066, "activity_lines": [ 4.1155, 4.116655, 4.08355, 4.069591 ] }, { "date": "2024-02-23", "close": 4.151, "volume": 19823, "typical_volume": 28760.25, "trend": 4.084983, "fair_value": 4.169526, "relative_strength": -13.090007, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 27.035058, "energy": 27.851205, "activity_lines": [ 4.136433, 4.118936, 4.095776, 4.073118 ] }, { "date": "2024-03-01", "close": 4.2285, "volume": 8876, "typical_volume": 28478.45, "trend": 4.079517, "fair_value": 4.169963, "relative_strength": -11.826088, "stage": 4, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 71.226837, "energy": 62.231765, "activity_lines": [ 4.171667, 4.136991, 4.114214, 4.082377 ] }, { "date": "2024-03-08", "close": 4.252, "volume": 6091, "typical_volume": 25667.25, "trend": 4.07705, "fair_value": 4.170566, "relative_strength": -12.232095, "stage": 4, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 72.976835, "energy": 72.045369, "activity_lines": [ 4.205733, 4.159309, 4.133431, 4.093505 ] }, { "date": "2024-03-15", "close": 4.2255, "volume": 1631, "typical_volume": 24801.5, "trend": 4.079433, "fair_value": 4.170967, "relative_strength": -13.777656, "stage": 4, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.173686, "energy": 73.752643, "activity_lines": [ 4.219767, 4.176373, 4.147583, 4.103083 ] }, { "date": "2024-03-22", "close": 4.2835, "volume": 250, "typical_volume": 23981.25, "trend": 4.081917, "fair_value": 4.171783, "relative_strength": -13.24339, "stage": 4, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 76.692328, "energy": 80.347404, "activity_lines": [ 4.245567, 4.202155, 4.164714, 4.116248 ] }, { "date": "2024-03-29", "close": 4.374, "volume": 7066, "typical_volume": 23531.15, "trend": 4.08435, "fair_value": 4.173237, "relative_strength": -12.078436, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 85.900199, "energy": 86.351933, "activity_lines": [ 4.2942, 4.2414, 4.188595, 4.135092 ] }, { "date": "2024-04-05", "close": 4.3385, "volume": 3020, "typical_volume": 21559.25, "trend": 4.089383, "fair_value": 4.174418, "relative_strength": -10.607451, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 74.525524, "energy": 85.360874, "activity_lines": [ 4.316133, 4.266991, 4.206581, 4.151489 ] }, { "date": "2024-04-12", "close": 4.303, "volume": 6200, "typical_volume": 19693.25, "trend": 4.09275, "fair_value": 4.17533, "relative_strength": -10.406829, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.343927, "energy": 79.038593, "activity_lines": [ 4.3189, 4.281673, 4.219376, 4.165271 ] }, { "date": "2024-04-19", "close": 4.215, "volume": 9319, "typical_volume": 19987.05, "trend": 4.096567, "fair_value": 4.175609, "relative_strength": -12.338865, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 62.948444, "energy": 54.604938, "activity_lines": [ 4.288933, 4.276373, 4.222167, 4.173158 ] }, { "date": "2024-04-26", "close": 4.183, "volume": 4001, "typical_volume": 19488.8, "trend": 4.100217, "fair_value": 4.175661, "relative_strength": -13.463075, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 44.508965, "energy": 31.719535, "activity_lines": [ 4.249, 4.263382, 4.221152, 4.178734 ] }, { "date": "2024-05-03", "close": 4.2805, "volume": 4212, "typical_volume": 19016.7, "trend": 4.112717, "fair_value": 4.176389, "relative_strength": -9.479794, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 44.406101, "energy": 25.298925, "activity_lines": [ 4.248267, 4.267945, 4.229112, 4.190366 ] }, { "date": "2024-05-10", "close": 4.467, "volume": 15768, "typical_volume": 17195.95, "trend": 4.130883, "fair_value": 4.178393, "relative_strength": -8.01646, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 83.111378, "energy": 49.190354, "activity_lines": [ 4.315933, 4.304064, 4.254657, 4.213223 ] }, { "date": "2024-05-17", "close": 4.488, "volume": 60478, "typical_volume": 20219.85, "trend": 4.156533, "fair_value": 4.180514, "relative_strength": -9.169246, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 86.313604, "energy": 76.273575, "activity_lines": [ 4.382033, 4.339664, 4.281064, 4.236262 ] }, { "date": "2024-05-24", "close": 4.522, "volume": 4128, "typical_volume": 20118.9, "trend": 4.184233, "fair_value": 4.182837, "relative_strength": -5.723325, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 85.433422, "energy": 93.339694, "activity_lines": [ 4.447133, 4.377155, 4.309471, 4.259841 ] }, { "date": "2024-05-31", "close": 4.4745, "volume": 5333, "typical_volume": 17809.4, "trend": 4.203683, "fair_value": 4.184807, "relative_strength": -6.337075, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.508632, "energy": 87.314915, "activity_lines": [ 4.475933, 4.400618, 4.331464, 4.278568 ] }, { "date": "2024-06-07", "close": 4.458, "volume": 216, "typical_volume": 15283.8, "trend": 4.224083, "fair_value": 4.186641, "relative_strength": -6.713279, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.003968, "energy": 85.705182, "activity_lines": [ 4.4798, 4.417609, 4.350193, 4.294975 ] }, { "date": "2024-06-14", "close": 4.458, "volume": 0, "typical_volume": 14237.45, "trend": 4.240733, "fair_value": 4.18845, "relative_strength": -0.706663, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.662129, "energy": 69.222285, "activity_lines": [ 4.471833, 4.433073, 4.366636, 4.310067 ] }, { "date": "2024-06-21", "close": 4.3785, "volume": 6112, "typical_volume": 12468.55, "trend": 4.254617, "fair_value": 4.189709, "relative_strength": -4.00962, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 57.538574, "energy": 46.383865, "activity_lines": [ 4.437967, 4.431909, 4.373771, 4.318955 ] }, { "date": "2024-06-28", "close": 4.3325, "volume": 12628, "typical_volume": 12105.1, "trend": 4.263833, "fair_value": 4.190648, "relative_strength": -4.240674, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 39.784683, "energy": 26.929377, "activity_lines": [ 4.396067, 4.421009, 4.375124, 4.32398 ] }, { "date": "2024-07-05", "close": 4.3265, "volume": 2817, "typical_volume": 8898.45, "trend": 4.2708, "fair_value": 4.191536, "relative_strength": -6.341095, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 29.298434, "energy": 25.540296, "activity_lines": [ 4.3648, 4.406882, 4.374855, 4.328023 ] }, { "date": "2024-07-12", "close": 4.4195, "volume": 54345, "typical_volume": 10624.55, "trend": 4.276667, "fair_value": 4.193016, "relative_strength": -5.625654, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 33.291709, "energy": 25.800513, "activity_lines": [ 4.3744, 4.407055, 4.382714, 4.337616 ] }, { "date": "2024-07-19", "close": 4.44, "volume": 25386, "typical_volume": 11450.05, "trend": 4.283733, "fair_value": 4.19461, "relative_strength": -3.834466, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 43.306505, "energy": 23.928868, "activity_lines": [ 4.3934, 4.408427, 4.391248, 4.348154 ] }, { "date": "2024-07-26", "close": 4.4425, "volume": 1254, "typical_volume": 11208.2, "trend": 4.290883, "fair_value": 4.196199, "relative_strength": -2.340233, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 58.3857, "energy": 33.879378, "activity_lines": [ 4.414433, 4.410745, 4.399012, 4.358397 ] }, { "date": "2024-08-02", "close": 4.434, "volume": 1378, "typical_volume": 11195.55, "trend": 4.301183, "fair_value": 4.19692, "relative_strength": 3.155013, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 56.273565, "energy": 40.896201, "activity_lines": [ 4.428367, 4.412345, 4.40506, 4.36763 ] }, { "date": "2024-08-09", "close": 4.2705, "volume": 24134, "typical_volume": 12389.75, "trend": 4.306233, "fair_value": 4.196189, "relative_strength": 0.359947, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 0.18488, "energy": 5.651386, "activity_lines": [ 4.381033, 4.385818, 4.394543, 4.365651 ] }, { "date": "2024-08-16", "close": 4.3005, "volume": 1497, "typical_volume": 12111.3, "trend": 4.316983, "fair_value": 4.196208, "relative_strength": -2.513364, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 1.232306, "energy": 10.924607, "activity_lines": [ 4.347433, 4.368455, 4.386945, 4.365281 ] }, { "date": "2024-08-23", "close": 4.337, "volume": 1558, "typical_volume": 12038.2, "trend": 4.3251, "fair_value": 4.195862, "relative_strength": -3.181776, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 7.880427, "energy": 19.924731, "activity_lines": [ 4.333933, 4.360591, 4.383174, 4.366572 ] }, { "date": "2024-08-30", "close": 4.403, "volume": 4578, "typical_volume": 11957.1, "trend": 4.335733, "fair_value": 4.195683, "relative_strength": -3.468696, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 14.110315, "energy": 21.471717, "activity_lines": [ 4.3493, 4.366927, 4.385695, 4.371598 ] }, { "date": "2024-09-06", "close": 4.3075, "volume": 377, "typical_volume": 11510.0, "trend": 4.34225, "fair_value": 4.195212, "relative_strength": -2.224861, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -19.309573, "energy": 26.433237, "activity_lines": [ 4.335467, 4.355455, 4.378645, 4.369776 ] }, { "date": "2024-09-13", "close": 4.403, "volume": 11186, "typical_volume": 11869.25, "trend": 4.3499, "fair_value": 4.195721, "relative_strength": -0.676068, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 29.162335, "energy": 12.863524, "activity_lines": [ 4.3619, 4.3618, 4.38025, 4.373696 ] }, { "date": "2024-09-20", "close": 4.4935, "volume": 1216, "typical_volume": 11719.45, "trend": 4.361317, "fair_value": 4.196849, "relative_strength": 0.935877, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 54.730928, "energy": 31.783988, "activity_lines": [ 4.409667, 4.383209, 4.389426, 4.38296 ] }, { "date": "2024-09-27", "close": 4.585, "volume": 4494, "typical_volume": 11155.75, "trend": 4.3732, "fair_value": 4.199176, "relative_strength": 0.307755, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 79.222902, "energy": 66.438767, "activity_lines": [ 4.475067, 4.419909, 4.406302, 4.397391 ] }, { "date": "2024-10-04", "close": 4.5185, "volume": 1099, "typical_volume": 8186.8, "trend": 4.382083, "fair_value": 4.20101, "relative_strength": 2.275412, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 64.882518, "energy": 67.470959, "activity_lines": [ 4.501767, 4.441882, 4.416283, 4.406766 ] }, { "date": "2024-10-11", "close": 4.5525, "volume": 723, "typical_volume": 8016.55, "trend": 4.392983, "fair_value": 4.201926, "relative_strength": 0.992051, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 68.570549, "energy": 76.578636, "activity_lines": [ 4.5321, 4.468655, 4.429357, 4.41776 ] }, { "date": "2024-10-18", "close": 4.599, "volume": 3014, "typical_volume": 7900.6, "trend": 4.4035, "fair_value": 4.202917, "relative_strength": -0.496079, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 75.809324, "energy": 79.938078, "activity_lines": [ 4.5616, 4.501727, 4.446714, 4.431052 ] }, { "date": "2024-10-25", "close": 4.5515, "volume": 4900, "typical_volume": 8134.8, "trend": 4.409417, "fair_value": 4.203138, "relative_strength": -0.247732, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.065038, "energy": 64.61342, "activity_lines": [ 4.5622, 4.520191, 4.458955, 4.4406 ] }, { "date": "2024-11-01", "close": 4.486, "volume": 2516, "typical_volume": 8260.6, "trend": 4.414333, "fair_value": 4.201946, "relative_strength": -1.308244, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 58.051592, "energy": 41.570511, "activity_lines": [ 4.5371, 4.522182, 4.464512, 4.445541 ] }, { "date": "2024-11-08", "close": 4.574, "volume": 5654, "typical_volume": 8237.7, "trend": 4.423367, "fair_value": 4.200538, "relative_strength": 3.17886, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.35761, "energy": 46.116895, "activity_lines": [ 4.547933, 4.537464, 4.478317, 4.455842 ] }, { "date": "2024-11-15", "close": 4.5035, "volume": 4589, "typical_volume": 7835.75, "trend": 4.432983, "fair_value": 4.198782, "relative_strength": 0.510991, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 44.819176, "energy": 30.714624, "activity_lines": [ 4.531567, 4.536818, 4.484476, 4.461012 ] }, { "date": "2024-11-22", "close": 4.5895, "volume": 4574, "typical_volume": 7923.6, "trend": 4.446533, "fair_value": 4.198817, "relative_strength": 4.524964, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 55.825235, "energy": 34.518695, "activity_lines": [ 4.547133, 4.548245, 4.498012, 4.47111 ] }, { "date": "2024-11-29", "close": 4.576, "volume": 8331, "typical_volume": 5622.9, "trend": 4.456383, "fair_value": 4.199308, "relative_strength": 4.445269, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 60.192458, "energy": 41.161711, "activity_lines": [ 4.558833, 4.553827, 4.50901, 4.479462 ] }, { "date": "2024-12-06", "close": 4.569, "volume": 5185, "typical_volume": 4612.85, "trend": 4.459783, "fair_value": 4.199285, "relative_strength": 0.337179, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 57.103008, "energy": 38.50527, "activity_lines": [ 4.566567, 4.556636, 4.518595, 4.486728 ] }, { "date": "2024-12-13", "close": 4.5, "volume": 789, "typical_volume": 4589.6, "trend": 4.460183, "fair_value": 4.199321, "relative_strength": -1.416598, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 44.880537, "energy": 30.907079, "activity_lines": [ 4.545767, 4.547191, 4.520995, 4.489323 ] }, { "date": "2024-12-20", "close": 4.365, "volume": 6138, "typical_volume": 4827.6, "trend": 4.45495, "fair_value": 4.198279, "relative_strength": -1.047975, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 2.00188, "energy": 10.794857, "activity_lines": [ 4.4849, 4.513536, 4.510264, 4.483182 ] }, { "date": "2024-12-27", "close": 4.3745, "volume": 1077, "typical_volume": 3674.75, "trend": 4.451617, "fair_value": 4.196862, "relative_strength": -1.816776, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "mixed", "direction": -30.647701, "energy": 35.080445, "activity_lines": [ 4.436433, 4.485018, 4.500767, 4.477991 ] }, { "date": "2025-01-03", "close": 4.3955, "volume": 51, "typical_volume": 3602.45, "trend": 4.449533, "fair_value": 4.196763, "relative_strength": -1.152201, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -25.884274, "energy": 48.268505, "activity_lines": [ 4.4093, 4.4644, 4.492774, 4.474371 ] }, { "date": "2025-01-10", "close": 4.347, "volume": 593, "typical_volume": 3554.2, "trend": 4.445833, "fair_value": 4.197135, "relative_strength": -4.764139, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -37.132842, "energy": 66.883413, "activity_lines": [ 4.378033, 4.4378, 4.47971, 4.467756 ] }, { "date": "2025-01-17", "close": 4.4155, "volume": 7657, "typical_volume": 3708.15, "trend": 4.447067, "fair_value": 4.198737, "relative_strength": -6.272295, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -26.560598, "energy": 59.773487, "activity_lines": [ 4.3844, 4.426182, 4.473121, 4.465799 ] }, { "date": "2025-01-24", "close": 4.5025, "volume": 2310, "typical_volume": 3804.8, "trend": 4.452733, "fair_value": 4.202035, "relative_strength": -4.101392, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -8.694181, "energy": 19.160866, "activity_lines": [ 4.4254, 4.433264, 4.47476, 4.469375 ] }, { "date": "2025-01-31", "close": 4.5045, "volume": 762, "typical_volume": 3283.6, "trend": 4.458667, "fair_value": 4.205622, "relative_strength": -4.63811, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": 12.000673, "energy": 9.759892, "activity_lines": [ 4.4579, 4.440727, 4.47566, 4.472715 ] }, { "date": "2025-02-07", "close": 4.523, "volume": 26490, "typical_volume": 4547.3, "trend": 4.462117, "fair_value": 4.208958, "relative_strength": -5.616468, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 27.845879, "energy": 28.742465, "activity_lines": [ 4.4879, 4.4531, 4.477838, 4.476866 ] }, { "date": "2025-02-14", "close": 4.55, "volume": 6311, "typical_volume": 4638.15, "trend": 4.465783, "fair_value": 4.212683, "relative_strength": -7.196392, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 46.649206, "energy": 42.322371, "activity_lines": [ 4.5184, 4.471345, 4.482448, 4.482535 ] }, { "date": "2025-02-21", "close": 4.567, "volume": 6592, "typical_volume": 4912.8, "trend": 4.469933, "fair_value": 4.217087, "relative_strength": -7.812859, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 61.577488, "energy": 57.854037, "activity_lines": [ 4.541033, 4.493027, 4.488843, 4.489066 ] }, { "date": "2025-02-28", "close": 4.549, "volume": 10881, "typical_volume": 5420.7, "trend": 4.473767, "fair_value": 4.220468, "relative_strength": -8.586025, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 54.42085, "energy": 61.513368, "activity_lines": [ 4.547567, 4.510218, 4.493293, 4.494167 ] }, { "date": "2025-03-07", "close": 4.37, "volume": 1173, "typical_volume": 5328.65, "trend": 4.477083, "fair_value": 4.221567, "relative_strength": -11.856932, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "up", "direction": 2.436723, "energy": 7.997302, "activity_lines": [ 4.491333, 4.491518, 4.480712, 4.487472 ] }, { "date": "2025-03-14", "close": 4.271, "volume": 837, "typical_volume": 5125.5, "trend": 4.4761, "fair_value": 4.221397, "relative_strength": -13.811194, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -74.631952, "energy": 50.655363, "activity_lines": [ 4.411067, 4.4549, 4.459793, 4.474176 ] }, { "date": "2025-03-21", "close": 4.271, "volume": 0, "typical_volume": 4999.7, "trend": 4.4739, "fair_value": 4.221465, "relative_strength": -14.455929, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -81.516337, "energy": 86.008517, "activity_lines": [ 4.3476, 4.420545, 4.44021, 4.460944 ] }, { "date": "2025-03-28", "close": 4.271, "volume": 0, "typical_volume": 4717.0, "trend": 4.4695, "fair_value": 4.221189, "relative_strength": -13.597168, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -74.966928, "energy": 90.337172, "activity_lines": [ 4.302733, 4.387573, 4.42165, 4.447854 ] }, { "date": "2025-04-04", "close": 4.253, "volume": 19611, "typical_volume": 5468.1, "trend": 4.467683, "fair_value": 4.221038, "relative_strength": -3.735346, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -73.191367, "energy": 90.018655, "activity_lines": [ 4.2716, 4.353955, 4.402819, 4.433886 ] }, { "date": "2025-04-11", "close": 3.85, "volume": 2261, "typical_volume": 5352.45, "trend": 4.44925, "fair_value": 4.218304, "relative_strength": -11.074927, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -98.016276, "energy": 98.106373, "activity_lines": [ 4.125867, 4.2516, 4.3468, 4.394035 ] }, { "date": "2025-04-18", "close": 4.022, "volume": 75, "typical_volume": 4939.65, "trend": 4.433533, "fair_value": 4.21733, "relative_strength": -11.976173, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -79.076645, "energy": 89.986125, "activity_lines": [ 4.072133, 4.192418, 4.310683, 4.366471 ] }, { "date": "2025-04-25", "close": 4.022, "volume": 0, "typical_volume": 4680.4, "trend": 4.414767, "fair_value": 4.216404, "relative_strength": -15.014496, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -72.297904, "energy": 85.399488, "activity_lines": [ 4.035, 4.142345, 4.277205, 4.33992 ] }, { "date": "2025-05-02", "close": 4.273, "volume": 1535, "typical_volume": 4717.7, "trend": 4.406583, "fair_value": 4.218071, "relative_strength": -11.807925, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.808984, "energy": 62.339231, "activity_lines": [ 4.098133, 4.147509, 4.270236, 4.330774 ] }, { "date": "2025-05-09", "close": 4.368, "volume": 672, "typical_volume": 4444.4, "trend": 4.400433, "fair_value": 4.221609, "relative_strength": -11.993001, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -39.267414, "energy": 32.710011, "activity_lines": [ 4.1928, 4.175291, 4.273395, 4.328285 ] }, { "date": "2025-05-16", "close": 4.4965, "volume": 794, "typical_volume": 4430.25, "trend": 4.397017, "fair_value": 4.225096, "relative_strength": -12.052502, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -4.900021, "energy": 20.312891, "activity_lines": [ 4.322633, 4.229727, 4.288779, 4.334483 ] }, { "date": "2025-05-23", "close": 4.4525, "volume": 4998, "typical_volume": 4677.6, "trend": 4.393717, "fair_value": 4.227529, "relative_strength": -10.055769, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "mixed", "direction": 13.380464, "energy": 32.100536, "activity_lines": [ 4.3947, 4.273864, 4.29939, 4.338062 ] }, { "date": "2025-05-30", "close": 4.528, "volume": 2500, "typical_volume": 4772.95, "trend": 4.395117, "fair_value": 4.230571, "relative_strength": -9.694793, "stage": 3, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 31.991153, "energy": 41.57158, "activity_lines": [ 4.463233, 4.328427, 4.316921, 4.346726 ] }, { "date": "2025-06-06", "close": 4.5255, "volume": 5800, "typical_volume": 4680.1, "trend": 4.3935, "fair_value": 4.233593, "relative_strength": -10.653726, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 32.451652, "energy": 46.213634, "activity_lines": [ 4.4972, 4.377864, 4.333352, 4.355138 ] }, { "date": "2025-06-13", "close": 4.5465, "volume": 1096, "typical_volume": 4619.4, "trend": 4.394933, "fair_value": 4.238811, "relative_strength": -7.289264, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 34.047922, "energy": 60.768795, "activity_lines": [ 4.521333, 4.426491, 4.35126, 4.365009 ] }, { "date": "2025-06-20", "close": 4.4925, "volume": 1153, "typical_volume": 4638.95, "trend": 4.3917, "fair_value": 4.243321, "relative_strength": -7.662834, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 26.871951, "energy": 48.495612, "activity_lines": [ 4.515567, 4.459964, 4.363814, 4.371303 ] }, { "date": "2025-06-27", "close": 4.554, "volume": 136774, "typical_volume": 10153.15, "trend": 4.390967, "fair_value": 4.248679, "relative_strength": -7.37121, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 38.66217, "energy": 39.877815, "activity_lines": [ 4.530567, 4.492936, 4.382283, 4.381774 ] }, { "date": "2025-07-04", "close": 4.5375, "volume": 4035, "typical_volume": 10039.35, "trend": 4.389917, "fair_value": 4.253827, "relative_strength": -7.243091, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 61.585257, "energy": 44.170072, "activity_lines": [ 4.5333, 4.513236, 4.399033, 4.391228 ] }, { "date": "2025-07-11", "close": 4.5375, "volume": 0, "typical_volume": 9709.75, "trend": 4.391167, "fair_value": 4.258375, "relative_strength": -8.089665, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 63.625805, "energy": 56.632306, "activity_lines": [ 4.5354, 4.524164, 4.415843, 4.400749 ] }, { "date": "2025-07-18", "close": 4.6635, "volume": 4727, "typical_volume": 9402.05, "trend": 4.401117, "fair_value": 4.262542, "relative_strength": -5.878902, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 84.308143, "energy": 81.563155, "activity_lines": [ 4.5787, 4.553191, 4.444793, 4.418319 ] }, { "date": "2025-07-25", "close": 4.6745, "volume": 2798, "typical_volume": 9483.3, "trend": 4.411117, "fair_value": 4.265327, "relative_strength": -6.372633, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 79.038434, "energy": 83.311142, "activity_lines": [ 4.617867, 4.578845, 4.474245, 4.435957 ] }, { "date": "2025-08-01", "close": 4.721, "volume": 916, "typical_volume": 9487.25, "trend": 4.421967, "fair_value": 4.268128, "relative_strength": -3.279838, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 84.965088, "energy": 92.27738, "activity_lines": [ 4.6604, 4.609718, 4.506676, 4.455949 ] }, { "date": "2025-08-08", "close": 4.655, "volume": 634, "typical_volume": 9518.95, "trend": 4.432233, "fair_value": 4.269587, "relative_strength": -8.157778, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.621675, "energy": 86.595364, "activity_lines": [ 4.6698, 4.623709, 4.530679, 4.470984 ] }, { "date": "2025-08-15", "close": 4.655, "volume": 0, "typical_volume": 9518.95, "trend": 4.440217, "fair_value": 4.271381, "relative_strength": -10.077014, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.330862, "energy": 86.035431, "activity_lines": [ 4.671367, 4.635391, 4.552852, 4.485356 ] }, { "date": "2025-08-22", "close": 4.7695, "volume": 1120, "typical_volume": 8594.4, "trend": 4.449117, "fair_value": 4.274494, "relative_strength": -8.99014, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 86.818686, "energy": 93.30754, "activity_lines": [ 4.703267, 4.665536, 4.584102, 4.5066 ] }, { "date": "2025-08-29", "close": 4.6965, "volume": 3998, "typical_volume": 8681.25, "trend": 4.455517, "fair_value": 4.277987, "relative_strength": -7.771015, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.453117, "energy": 79.224449, "activity_lines": [ 4.703767, 4.678355, 4.60594, 4.52256 ] }, { "date": "2025-09-05", "close": 4.6625, "volume": 3586, "typical_volume": 8856.8, "trend": 4.460167, "fair_value": 4.280651, "relative_strength": -6.887604, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.223016, "energy": 62.286823, "activity_lines": [ 4.691467, 4.681282, 4.62051, 4.535914 ] }, { "date": "2025-09-12", "close": 4.745, "volume": 408, "typical_volume": 8877.2, "trend": 4.466667, "fair_value": 4.283843, "relative_strength": -7.080331, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 73.969255, "energy": 66.489812, "activity_lines": [ 4.710567, 4.697236, 4.639886, 4.55429 ] }, { "date": "2025-09-19", "close": 4.745, "volume": 0, "typical_volume": 8800.45, "trend": 4.4726, "fair_value": 4.289321, "relative_strength": -6.207547, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 70.939715, "energy": 63.807142, "activity_lines": [ 4.723667, 4.709418, 4.655819, 4.572247 ] }, { "date": "2025-09-26", "close": 4.745, "volume": 0, "typical_volume": 8766.85, "trend": 4.479133, "fair_value": 4.295609, "relative_strength": -6.630284, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 70.93222, "energy": 64.874808, "activity_lines": [ 4.730767, 4.717827, 4.669505, 4.589822 ] }, { "date": "2025-10-03", "close": 4.8295, "volume": 471, "typical_volume": 8750.7, "trend": 4.49445, "fair_value": 4.302288, "relative_strength": -5.965133, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 86.242878, "energy": 75.15391, "activity_lines": [ 4.767667, 4.740118, 4.689443, 4.612426 ] }, { "date": "2025-10-10", "close": 4.8125, "volume": 3067, "typical_volume": 8654.15, "trend": 4.5125, "fair_value": 4.309436, "relative_strength": -3.313965, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 74.735012, "energy": 70.346862, "activity_lines": [ 4.790033, 4.7565, 4.706176, 4.632945 ] }, { "date": "2025-10-17", "close": 4.88, "volume": 190, "typical_volume": 8538.65, "trend": 4.5328, "fair_value": 4.316609, "relative_strength": -1.055552, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 88.129186, "energy": 87.77731, "activity_lines": [ 4.8249, 4.783491, 4.727624, 4.656655 ] }, { "date": "2025-10-24", "close": 4.894, "volume": 6150, "typical_volume": 8556.15, "trend": 4.553567, "fair_value": 4.322952, "relative_strength": -2.224454, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 83.307389, "energy": 82.97476, "activity_lines": [ 4.855433, 4.808936, 4.748729, 4.679958 ] }, { "date": "2025-10-31", "close": 4.8835, "volume": 2265, "typical_volume": 8614.6, "trend": 4.574583, "fair_value": 4.328997, "relative_strength": -3.733448, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 73.393143, "energy": 76.547441, "activity_lines": [ 4.872533, 4.828127, 4.767079, 4.701244 ] }, { "date": "2025-11-07", "close": 4.886, "volume": 4703, "typical_volume": 8792.1, "trend": 4.609117, "fair_value": 4.333801, "relative_strength": -2.766647, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 70.992335, "energy": 78.63052, "activity_lines": [ 4.881233, 4.8457, 4.784062, 4.721335 ] }, { "date": "2025-11-14", "close": 4.886, "volume": 0, "typical_volume": 1953.4, "trend": 4.637917, "fair_value": 4.338997, "relative_strength": -4.824053, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.158443, "energy": 66.017732, "activity_lines": [ 4.886167, 4.859827, 4.799171, 4.739199 ] }, { "date": "2025-11-21", "close": 4.658, "volume": 1169, "typical_volume": 1810.1, "trend": 4.659117, "fair_value": 4.342234, "relative_strength": -5.999034, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 23.159841, "energy": 27.657786, "activity_lines": [ 4.8102, 4.828436, 4.790986, 4.740495 ] }, { "date": "2025-11-28", "close": 4.6585, "volume": 120, "typical_volume": 1816.1, "trend": 4.671967, "fair_value": 4.345878, "relative_strength": -7.041899, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 4.315483, "energy": 19.189198, "activity_lines": [ 4.7492, 4.798718, 4.782274, 4.740455 ] }, { "date": "2025-12-05", "close": 4.8315, "volume": 1639, "typical_volume": 1661.7, "trend": 4.687417, "fair_value": 4.350631, "relative_strength": -3.433253, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 34.495561, "energy": 29.746298, "activity_lines": [ 4.761567, 4.802027, 4.789462, 4.750747 ] }, { "date": "2025-12-12", "close": 4.8415, "volume": 3365, "typical_volume": 1690.05, "trend": 4.698917, "fair_value": 4.356635, "relative_strength": -3.126985, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 37.159273, "energy": 32.104629, "activity_lines": [ 4.780733, 4.805582, 4.796802, 4.760688 ] }, { "date": "2025-12-19", "close": 4.7945, "volume": 1, "typical_volume": 1644.3, "trend": 4.710317, "fair_value": 4.362167, "relative_strength": -6.386536, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 28.847322, "energy": 15.914281, "activity_lines": [ 4.7872, 4.800373, 4.798871, 4.766855 ] }, { "date": "2025-12-26", "close": 4.835, "volume": 132892, "typical_volume": 8257.2, "trend": 4.72055, "fair_value": 4.368587, "relative_strength": -4.962118, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 44.672293, "energy": 31.370501, "activity_lines": [ 4.813267, 4.802855, 4.804448, 4.774899 ] }, { "date": "2026-01-02", "close": 4.8825, "volume": 2911, "typical_volume": 8402.75, "trend": 4.73245, "fair_value": 4.374962, "relative_strength": -5.312447, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 65.621777, "energy": 49.004648, "activity_lines": [ 4.843367, 4.814791, 4.81369, 4.785347 ] }, { "date": "2026-01-09", "close": 5.063, "volume": 1188, "typical_volume": 8406.15, "trend": 4.749667, "fair_value": 4.380856, "relative_strength": -2.335743, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 90.404561, "energy": 82.731284, "activity_lines": [ 4.9187, 4.859755, 4.83904, 4.806673 ] }, { "date": "2026-01-16", "close": 5.178, "volume": 3140, "typical_volume": 8363.25, "trend": 4.772517, "fair_value": 4.387849, "relative_strength": -0.146906, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 94.7539, "energy": 96.148701, "activity_lines": [ 5.016933, 4.922364, 4.873945, 4.834308 ] }, { "date": "2026-01-23", "close": 5.203, "volume": 2491, "typical_volume": 8308.5, "trend": 4.79415, "fair_value": 4.394433, "relative_strength": 2.646652, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 90.740854, "energy": 96.322142, "activity_lines": [ 5.101067, 4.984209, 4.908938, 4.862081 ] }, { "date": "2026-01-30", "close": 5.16, "volume": 4857, "typical_volume": 8530.95, "trend": 4.8149, "fair_value": 4.400032, "relative_strength": 0.417955, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 74.422204, "energy": 90.803727, "activity_lines": [ 5.143633, 5.032473, 4.937262, 4.885684 ] }, { "date": "2026-02-06", "close": 5.281, "volume": 73, "typical_volume": 8534.6, "trend": 4.839683, "fair_value": 4.406622, "relative_strength": 2.109505, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 87.712106, "energy": 95.407172, "activity_lines": [ 5.204867, 5.093609, 4.975133, 4.915755 ] }, { "date": "2026-02-13", "close": 5.37, "volume": 423, "typical_volume": 8555.75, "trend": 4.863233, "fair_value": 4.413503, "relative_strength": 4.878369, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 89.26996, "energy": 94.745914, "activity_lines": [ 5.2692, 5.159609, 5.018929, 4.949969 ] }, { "date": "2026-02-20", "close": 5.387, "volume": 5567, "typical_volume": 8810.55, "trend": 4.886983, "fair_value": 4.420667, "relative_strength": 2.903205, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 86.051932, "energy": 93.775906, "activity_lines": [ 5.318733, 5.218909, 5.061367, 4.98376 ] }, { "date": "2026-02-27", "close": 5.396, "volume": 2070, "typical_volume": 8760.7, "trend": 4.909483, "fair_value": 4.428244, "relative_strength": 1.524664, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 79.795521, "energy": 90.824139, "activity_lines": [ 5.357333, 5.269927, 5.102007, 5.0166 ] }, { "date": "2026-03-06", "close": 5.235, "volume": 615, "typical_volume": 8781.95, "trend": 4.928817, "fair_value": 4.434237, "relative_strength": 5.221467, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 68.282997, "energy": 77.332972, "activity_lines": [ 5.3294, 5.280736, 5.124536, 5.037601 ] }, { "date": "2026-03-13", "close": 5.1, "volume": 151, "typical_volume": 8482.0, "trend": 4.94365, "fair_value": 4.441167, "relative_strength": 2.046432, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 54.876493, "energy": 57.318892, "activity_lines": [ 5.251467, 5.259727, 5.132517, 5.048645 ] }, { "date": "2026-03-20", "close": 5.003, "volume": 1187, "typical_volume": 8428.1, "trend": 4.951433, "fair_value": 4.447093, "relative_strength": 3.424521, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 28.749319, "energy": 27.27885, "activity_lines": [ 5.153267, 5.217127, 5.130279, 5.052474 ] }, { "date": "2026-03-27", "close": 5.011, "volume": 6976, "typical_volume": 8541.75, "trend": 4.961917, "fair_value": 4.451913, "relative_strength": 2.213473, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 14.421864, "energy": 33.002139, "activity_lines": [ 5.0822, 5.177073, 5.128233, 5.056317 ] }, { "date": "2026-04-03", "close": 5.157, "volume": 39, "typical_volume": 8543.7, "trend": 4.9784, "fair_value": 4.45851, "relative_strength": 0.178857, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 20.756911, "energy": 32.704817, "activity_lines": [ 5.084867, 5.1666, 5.139498, 5.068903 ] }, { "date": "2026-04-10", "close": 5.354, "volume": 14, "typical_volume": 8485.95, "trend": 4.9987, "fair_value": 4.465865, "relative_strength": -0.316842, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 55.27796, "energy": 31.682528, "activity_lines": [ 5.169133, 5.192782, 5.168233, 5.093135 ] }, { "date": "2026-04-17", "close": 5.422, "volume": 3811, "typical_volume": 8670.5, "trend": 5.021267, "fair_value": 4.473885, "relative_strength": -1.639589, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 79.246738, "energy": 55.728398, "activity_lines": [ 5.268133, 5.2278, 5.200131, 5.120445 ] }, { "date": "2026-04-24", "close": 5.525, "volume": 1441, "typical_volume": 8660.6, "trend": 5.047267, "fair_value": 4.482567, "relative_strength": 2.635809, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 85.467203, "energy": 91.391681, "activity_lines": [ 5.38, 5.278982, 5.238202, 5.152944 ] }, { "date": "2026-05-01", "close": 5.471, "volume": 991, "typical_volume": 8541.9, "trend": 5.06865, "fair_value": 4.490619, "relative_strength": 0.357123, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 72.215124, "energy": 89.53405, "activity_lines": [ 5.439067, 5.317527, 5.267829, 5.180282 ] }, { "date": "2026-05-08", "close": 5.652, "volume": 5136, "typical_volume": 8798.65, "trend": 5.096633, "fair_value": 4.499776, "relative_strength": 1.417103, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 88.561897, "energy": 95.231776, "activity_lines": [ 5.5278, 5.387455, 5.311695, 5.217917 ] }, { "date": "2026-05-15", "close": 5.703, "volume": 2218, "typical_volume": 2264.95, "trend": 5.124067, "fair_value": 4.508987, "relative_strength": 2.598526, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 88.473419, "energy": 95.463587, "activity_lines": [ 5.600533, 5.462, 5.356336, 5.257038 ] }, { "date": "2026-05-22", "close": 5.562, "volume": 4836, "typical_volume": 2361.2, "trend": 5.146333, "fair_value": 4.517596, "relative_strength": -0.728736, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 67.655938, "energy": 81.462249, "activity_lines": [ 5.603, 5.5024, 5.383414, 5.285291 ] }, { "date": "2026-05-29", "close": 5.723, "volume": 9561, "typical_volume": 2779.85, "trend": 5.174317, "fair_value": 4.526692, "relative_strength": 1.046641, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 79.451205, "energy": 70.98982, "activity_lines": [ 5.6498, 5.563673, 5.42259, 5.322496 ] }, { "date": "2026-06-05", "close": 5.642, "volume": 392, "typical_volume": 2642.45, "trend": 5.199517, "fair_value": 4.534798, "relative_strength": -0.123526, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.380865, "energy": 64.015939, "activity_lines": [ 5.6564, 5.597127, 5.45091, 5.352669 ] }, { "date": "2026-06-12", "close": 5.517, "volume": 0, "typical_volume": 2517.9, "trend": 5.22055, "fair_value": 4.541801, "relative_strength": -5.247176, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 61.410713, "energy": 54.139173, "activity_lines": [ 5.609933, 5.596382, 5.465114, 5.373152 ] }, { "date": "2026-06-19", "close": 5.654, "volume": 500, "typical_volume": 2300.05, "trend": 5.25375, "fair_value": 4.550529, "relative_strength": -5.257091, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.457756, "energy": 52.613546, "activity_lines": [ 5.618133, 5.614, 5.490871, 5.401116 ] }, { "date": "2026-06-26", "close": 5.567, "volume": 235, "typical_volume": 2308.15, "trend": 5.284033, "fair_value": 4.55808, "relative_strength": -3.734276, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 46.317125, "energy": 37.624972, "activity_lines": [ 5.6006, 5.610345, 5.50599, 5.421326 ] }, { "date": "2026-07-03", "close": 5.602, "volume": 0, "typical_volume": 2287.0, "trend": 5.309717, "fair_value": 4.566215, "relative_strength": -5.843324, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 44.257503, "energy": 33.058898, "activity_lines": [ 5.5944, 5.610418, 5.523081, 5.44184 ] }, { "date": "2026-07-10", "close": 5.514, "volume": 11893, "typical_volume": 2603.3, "trend": 5.332133, "fair_value": 4.573362, "relative_strength": -6.827434, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 40.851447, "energy": 29.353033, "activity_lines": [ 5.566933, 5.593091, 5.530686, 5.455019 ] }, { "date": "2026-07-17", "close": 5.495, "volume": 6333, "typical_volume": 2816.45, "trend": 5.355483, "fair_value": 4.579952, "relative_strength": -5.680873, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 35.060098, "energy": 19.907952, "activity_lines": [ 5.541667, 5.571527, 5.535876, 5.465527 ] }, { "date": "2026-07-24", "close": 5.532, "volume": 8696, "typical_volume": 3220.5, "trend": 5.378717, "fair_value": 4.586622, "relative_strength": -4.768867, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 32.086504, "energy": 18.258798, "activity_lines": [ 5.5302, 5.559545, 5.544119, 5.476915 ] }, { "date": "2026-07-31", "close": 5.478, "volume": 5552, "typical_volume": 3490.55, "trend": 5.398567, "fair_value": 4.59358, "relative_strength": -6.156654, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 14.699584, "energy": 14.132958, "activity_lines": [ 5.508867, 5.540855, 5.545805, 5.48332 ] }, { "date": "2026-08-07", "close": 5.651, "volume": 4173, "typical_volume": 3639.85, "trend": 5.418167, "fair_value": 4.602074, "relative_strength": -5.868195, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 36.482472, "energy": 18.222642, "activity_lines": [ 5.551133, 5.555145, 5.562167, 5.499606 ] } ], "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." } } }