{ "ticker": { "uuid": "3dc93307-2675-4148-a1ed-426a9170a234", "symbol": "CF", "name": "Canaccord Genuity Group Inc.", "exchange": "TOR", "country": "CA", "assetType": "equity" }, "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.", "analysis": { "eligible": true, "as_of": "2026-08-07", "benchmark": "^GSPTSE", "stage": 2, "stage_name": "Advancing", "phase": "2b", "phase_label": "Stage 2B \u00b7 Advancing", "transition": "stage_2_healthy", "transition_label": "Stage 2 trend intact", "confidence": 96.0, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Established expansion", "architecture_gate": "up", "architecture_direction": 58.822, "architecture_energy": 46.106, "architecture_maturity": 63.349, "architecture_confidence": 66.385, "architecture_tenure": "Developing", "architecture": { "interpretation": { "headline": "The weekly architecture is expanding upward.", "body": "Trend and Activity show sustained positive alignment with constructive price acceptance. Directional energy remains positive; cooling within this regime can indicate that it is maturing." }, "scores": { "balance": 14.85, "rotation_up": 46.76, "upward_expansion": 78.09, "deceleration": 71.03, "rotation_down": 26.32, "downward_expansion": 7.09 }, "activity_lines": [ 14.557333, 14.543937, 13.943864, 13.487369 ], "activity_state": "Wide", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.5 }, "latest_close": 14.37, "trend_reference": 12.978817, "distance_from_trend": 0.107189, "trend_direction": "Improving", "fair_value": 9.548175, "distance_from_fair_value": 0.505, "fair_value_direction": "Improving", "relative_strength": 6.173345, "relative_strength_direction": "Improving", "price_momentum": 0.192111, "excess_performance": 0.07169, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.107189, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.088189, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.505, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.128471, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.061733, "read": "Leading" }, { "label": "Relative strength direction", "positive": true, "value": 0.060203, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.192111, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 1.252409, "read": "Demand-led" } ], "volume": { "latest": 1212400, "relative_activity": 1.81731, "balance": 1.252409, "dry_up": 1.701967, "accumulation_observations": 3, "distribution_observations": 3 }, "risk": { "range_context": 0.057276, "annualized_volatility": 0.303104, "from_high_reference": -0.075884, "from_low_reference": 0.549279 }, "levels": { "trend_reference": 12.978817, "fair_value_reference": 9.548175, "structural_low": 11.15, "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 27, "median_return": 0.009751, "positive_rate": 0.555556, "directional_follow_through": 0.555556, "median_excess_return": -0.000786, "regime_survival": 0.62963, "best_return": 0.147425, "worst_return": -0.169326, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 9, "median_return": -0.039652, "positive_rate": 0.444444, "directional_follow_through": 0.444444, "median_excess_return": -0.020129, "regime_survival": 0.222222, "best_return": 0.166907, "worst_return": -0.135344, "sufficient": true }, { "horizon": "Extended", "sample_count": 7, "median_return": 0.045469, "positive_rate": 0.571429, "directional_follow_through": 0.571429, "median_excess_return": -0.128146, "regime_survival": 0.285714, "best_return": 0.229997, "worst_return": -0.403842, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 4, "median_return": -0.123309, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": -0.160701, "regime_survival": 0.25, "best_return": 0.392099, "worst_return": -0.302268, "sufficient": false } ], "ledger": [ { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-07-26", "end": "2024-08-09", "tenure": "New", "return": -0.155531, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-08-16", "end": "2024-10-11", "tenure": "Developing", "return": 0.185609, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-10-18", "end": "2025-01-03", "tenure": "Developing", "return": 0.008912, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-01-10", "end": "2025-02-07", "tenure": "Developing", "return": -0.054264, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-02-14", "end": "2025-03-21", "tenure": "Developing", "return": -0.002448, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-03-28", "end": "2025-05-23", "tenure": "Developing", "return": 0.13357, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-05-30", "end": "2025-07-04", "tenure": "Developing", "return": 0.156113, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-07-11", "end": "2025-08-15", "tenure": "Developing", "return": -0.062037, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-08-22", "end": "2025-09-26", "tenure": "Developing", "return": 0.055716, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-10-03", "end": "2025-12-05", "tenure": "Developing", "return": 0.056065, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-12-12", "end": "2026-01-16", "tenure": "Developing", "return": 0.092609, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-01-23", "end": "2026-03-27", "tenure": "Developing", "return": -0.039798, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-04-03", "end": "2026-05-29", "tenure": "Developing", "return": 0.10577, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-06-05", "end": "2026-08-07", "tenure": "Developing", "return": 0.057489, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 7.848016, "volume": 1206200, "typical_volume": 1439310.0, "trend": 8.78968, "fair_value": 9.33967, "relative_strength": -1.263513, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -45.040914, "energy": 36.393344, "activity_lines": [ 7.63212, 7.572431, 7.795297, 8.211862 ] }, { "date": "2023-08-25", "close": 7.766828, "volume": 511300, "typical_volume": 1414770.0, "trend": 8.709157, "fair_value": 9.347986, "relative_strength": -2.569247, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -41.754073, "energy": 30.058684, "activity_lines": [ 7.685041, 7.621514, 7.754256, 8.145872 ] }, { "date": "2023-09-01", "close": 7.626599, "volume": 531800, "typical_volume": 1396970.0, "trend": 8.621597, "fair_value": 9.357374, "relative_strength": -7.777325, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -41.811716, "energy": 27.611197, "activity_lines": [ 7.686408, 7.63456, 7.708536, 8.07603 ] }, { "date": "2023-09-08", "close": 7.371468, "volume": 430600, "typical_volume": 1365080.0, "trend": 8.528191, "fair_value": 9.367255, "relative_strength": -8.861762, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -55.403465, "energy": 34.358412, "activity_lines": [ 7.594039, 7.593436, 7.648117, 7.995376 ] }, { "date": "2023-09-15", "close": 7.827058, "volume": 547500, "typical_volume": 1332275.0, "trend": 8.449086, "fair_value": 9.380909, "relative_strength": -5.986073, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -39.056188, "energy": 27.026996, "activity_lines": [ 7.658842, 7.638071, 7.641348, 7.950142 ] }, { "date": "2023-09-22", "close": 7.444362, "volume": 520600, "typical_volume": 1255210.0, "trend": 8.35707, "fair_value": 9.39392, "relative_strength": -6.990439, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -59.137002, "energy": 37.216199, "activity_lines": [ 7.577631, 7.605961, 7.606819, 7.885321 ] }, { "date": "2023-09-29", "close": 7.344131, "volume": 486400, "typical_volume": 1056775.0, "trend": 8.264988, "fair_value": 9.406128, "relative_strength": -7.359963, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.624175, "energy": 42.152678, "activity_lines": [ 7.489921, 7.558046, 7.571637, 7.81997 ] }, { "date": "2023-10-06", "close": 7.13456, "volume": 419100, "typical_volume": 1010750.0, "trend": 8.176038, "fair_value": 9.414651, "relative_strength": -8.845038, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -71.160055, "energy": 47.501984, "activity_lines": [ 7.360533, 7.4784, 7.521573, 7.747039 ] }, { "date": "2023-10-13", "close": 6.861205, "volume": 432100, "typical_volume": 993720.0, "trend": 8.090773, "fair_value": 9.421208, "relative_strength": -13.433523, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -79.118585, "energy": 72.189119, "activity_lines": [ 7.172829, 7.355629, 7.452146, 7.662211 ] }, { "date": "2023-10-20", "close": 6.496731, "volume": 490600, "typical_volume": 967460.0, "trend": 7.986812, "fair_value": 9.425695, "relative_strength": -16.614656, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -84.605853, "energy": 83.766958, "activity_lines": [ 6.897652, 7.177316, 7.356276, 7.55937 ] }, { "date": "2023-10-27", "close": 6.414726, "volume": 478400, "typical_volume": 906915.0, "trend": 7.87476, "fair_value": 9.431573, "relative_strength": -16.104171, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -82.14734, "energy": 87.182152, "activity_lines": [ 6.683828, 7.003248, 7.25971, 7.457945 ] }, { "date": "2023-11-03", "close": 6.806533, "volume": 406500, "typical_volume": 764290.0, "trend": 7.782018, "fair_value": 9.436768, "relative_strength": -15.882374, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.919922, "energy": 77.821588, "activity_lines": [ 6.669249, 6.926479, 7.20673, 7.389027 ] }, { "date": "2023-11-10", "close": 6.742752, "volume": 276500, "typical_volume": 639595.0, "trend": 7.685365, "fair_value": 9.438254, "relative_strength": -15.936229, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.69917, "energy": 66.981723, "activity_lines": [ 6.669249, 6.855572, 7.149488, 7.321978 ] }, { "date": "2023-11-17", "close": 6.396502, "volume": 997500, "typical_volume": 610700.0, "trend": 7.581039, "fair_value": 9.433741, "relative_strength": -22.245458, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -70.895883, "energy": 54.454215, "activity_lines": [ 6.579953, 6.737781, 7.061441, 7.238825 ] }, { "date": "2023-11-24", "close": 6.369167, "volume": 390400, "typical_volume": 594180.0, "trend": 7.471635, "fair_value": 9.428278, "relative_strength": -22.224762, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.690051, "energy": 50.494164, "activity_lines": [ 6.512526, 6.632747, 6.976198, 7.16064 ] }, { "date": "2023-12-01", "close": 6.283466, "volume": 442600, "typical_volume": 561170.0, "trend": 7.370684, "fair_value": 9.418248, "relative_strength": -24.455754, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.945888, "energy": 51.564517, "activity_lines": [ 6.425036, 6.538637, 6.88786, 7.083984 ] }, { "date": "2023-12-08", "close": 6.495683, "volume": 496900, "typical_volume": 565960.0, "trend": 7.306864, "fair_value": 9.405399, "relative_strength": -21.33244, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -59.452133, "energy": 47.742763, "activity_lines": [ 6.417036, 6.50422, 6.825895, 7.027532 ] }, { "date": "2023-12-15", "close": 6.754035, "volume": 1085200, "typical_volume": 598960.0, "trend": 7.247489, "fair_value": 9.393617, "relative_strength": -18.924502, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -55.887831, "energy": 39.345514, "activity_lines": [ 6.515876, 6.532203, 6.794244, 6.991866 ] }, { "date": "2023-12-22", "close": 6.993931, "volume": 496700, "typical_volume": 584325.0, "trend": 7.194028, "fair_value": 9.379729, "relative_strength": -17.318079, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -38.219777, "energy": 23.674375, "activity_lines": [ 6.69393, 6.610721, 6.788974, 6.975507 ] }, { "date": "2023-12-29", "close": 7.012385, "volume": 348200, "typical_volume": 549755.0, "trend": 7.161419, "fair_value": 9.364888, "relative_strength": -17.21281, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -26.044827, "energy": 19.672585, "activity_lines": [ 6.838306, 6.690181, 6.787639, 6.963788 ] }, { "date": "2024-01-05", "close": 6.920117, "volume": 536000, "typical_volume": 516245.0, "trend": 7.134365, "fair_value": 9.34667, "relative_strength": -18.008041, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -22.696636, "energy": 20.89202, "activity_lines": [ 6.909045, 6.74349, 6.780078, 6.94822 ] }, { "date": "2024-01-12", "close": 6.800168, "volume": 516600, "typical_volume": 516510.0, "trend": 7.121467, "fair_value": 9.327736, "relative_strength": -18.982261, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -11.966604, "energy": 15.440656, "activity_lines": [ 6.897357, 6.765801, 6.765512, 6.926659 ] }, { "date": "2024-01-19", "close": 6.984705, "volume": 504400, "typical_volume": 515140.0, "trend": 7.11434, "fair_value": 9.307467, "relative_strength": -15.815212, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -6.744287, "energy": 11.560035, "activity_lines": [ 6.926883, 6.82178, 6.773124, 6.917836 ] }, { "date": "2024-01-26", "close": 7.104653, "volume": 564100, "typical_volume": 521815.0, "trend": 7.100085, "fair_value": 9.29011, "relative_strength": -14.614029, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -0.253865, "energy": 8.972821, "activity_lines": [ 6.981014, 6.895169, 6.795216, 6.917211 ] }, { "date": "2024-02-02", "close": 6.763261, "volume": 1391800, "typical_volume": 564030.0, "trend": 7.077758, "fair_value": 9.262796, "relative_strength": -17.86753, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -13.139993, "energy": 9.007261, "activity_lines": [ 6.913966, 6.893611, 6.786065, 6.89548 ] }, { "date": "2024-02-09", "close": 7.464499, "volume": 1538900, "typical_volume": 614945.0, "trend": 7.073995, "fair_value": 9.243298, "relative_strength": -8.402274, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 27.695521, "energy": 27.383106, "activity_lines": [ 7.097272, 7.012385, 6.848765, 6.920431 ] }, { "date": "2024-02-16", "close": 7.999655, "volume": 1210800, "typical_volume": 651165.0, "trend": 7.084161, "fair_value": 9.228893, "relative_strength": -2.38656, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 44.840203, "energy": 57.825834, "activity_lines": [ 7.422671, 7.206987, 6.962336, 6.980151 ] }, { "date": "2024-02-23", "close": 7.335324, "volume": 372200, "typical_volume": 648820.0, "trend": 7.078799, "fair_value": 9.214393, "relative_strength": -10.427197, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 30.250801, "energy": 49.301621, "activity_lines": [ 7.446661, 7.253457, 7.009515, 6.996355 ] }, { "date": "2024-03-01", "close": 7.648075, "volume": 290500, "typical_volume": 641740.0, "trend": 7.085364, "fair_value": 9.199313, "relative_strength": -6.571509, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 37.276758, "energy": 59.178849, "activity_lines": [ 7.551526, 7.346221, 7.085525, 7.033083 ] }, { "date": "2024-03-08", "close": 7.517499, "volume": 673700, "typical_volume": 650895.0, "trend": 7.08427, "fair_value": 9.180487, "relative_strength": -8.252261, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 30.124413, "energy": 52.251128, "activity_lines": [ 7.576638, 7.403351, 7.145352, 7.060963 ] }, { "date": "2024-03-15", "close": 7.78798, "volume": 808000, "typical_volume": 667375.0, "trend": 7.082269, "fair_value": 9.165387, "relative_strength": -4.808697, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 65.557128, "energy": 49.523055, "activity_lines": [ 7.641628, 7.500476, 7.226078, 7.106363 ] }, { "date": "2024-03-22", "close": 7.853267, "volume": 932800, "typical_volume": 693690.0, "trend": 7.08515, "fair_value": 9.154801, "relative_strength": -3.929476, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.185207, "energy": 54.60208, "activity_lines": [ 7.706815, 7.593691, 7.306482, 7.156105 ] }, { "date": "2024-03-29", "close": 8.300961, "volume": 423400, "typical_volume": 701035.0, "trend": 7.107629, "fair_value": 9.144714, "relative_strength": 1.295664, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 76.940744, "energy": 66.885847, "activity_lines": [ 7.930992, 7.749158, 7.42454, 7.234544 ] }, { "date": "2024-04-05", "close": 7.853267, "volume": 340400, "typical_volume": 668180.0, "trend": 7.123689, "fair_value": 9.129117, "relative_strength": -3.977126, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 60.536577, "energy": 56.707093, "activity_lines": [ 7.941563, 7.799295, 7.49254, 7.28265 ] }, { "date": "2024-04-12", "close": 7.974518, "volume": 343400, "typical_volume": 665830.0, "trend": 7.128604, "fair_value": 9.11683, "relative_strength": -0.327393, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 58.516526, "energy": 49.565332, "activity_lines": [ 7.97887, 7.857865, 7.565151, 7.337542 ] }, { "date": "2024-04-19", "close": 8.263653, "volume": 504300, "typical_volume": 668915.0, "trend": 7.155914, "fair_value": 9.103594, "relative_strength": 4.171524, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.656558, "energy": 53.779983, "activity_lines": [ 8.082088, 7.946983, 7.657654, 7.410771 ] }, { "date": "2024-04-26", "close": 8.161057, "volume": 247900, "typical_volume": 656465.0, "trend": 7.183145, "fair_value": 9.092072, "relative_strength": 2.642549, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 60.011711, "energy": 43.407835, "activity_lines": [ 8.119396, 8.002917, 7.730956, 7.475619 ] }, { "date": "2024-05-03", "close": 7.90923, "volume": 263800, "typical_volume": 615395.0, "trend": 7.208967, "fair_value": 9.075218, "relative_strength": 0.0683, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 55.119896, "energy": 38.408113, "activity_lines": [ 8.052243, 8.01013, 7.772344, 7.522464 ] }, { "date": "2024-05-10", "close": 8.133077, "volume": 199000, "typical_volume": 600510.0, "trend": 7.251363, "fair_value": 9.058721, "relative_strength": 1.489382, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 58.3533, "energy": 41.178302, "activity_lines": [ 8.08582, 8.047608, 7.829551, 7.582084 ] }, { "date": "2024-05-17", "close": 8.459518, "volume": 391100, "typical_volume": 602655.0, "trend": 7.316789, "fair_value": 9.044694, "relative_strength": 5.068516, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 69.040764, "energy": 45.378122, "activity_lines": [ 8.209557, 8.13562, 7.912422, 7.660029 ] }, { "date": "2024-05-24", "close": 8.422211, "volume": 156800, "typical_volume": 583695.0, "trend": 7.383705, "fair_value": 9.027681, "relative_strength": 5.589907, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.668264, "energy": 48.370933, "activity_lines": [ 8.288525, 8.199721, 7.98485, 7.731347 ] }, { "date": "2024-05-31", "close": 8.646059, "volume": 295100, "typical_volume": 572620.0, "trend": 7.445022, "fair_value": 9.009678, "relative_strength": 8.711565, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 73.097632, "energy": 67.928565, "activity_lines": [ 8.431538, 8.292991, 8.071443, 7.812789 ] }, { "date": "2024-06-07", "close": 7.955864, "volume": 773000, "typical_volume": 586050.0, "trend": 7.48546, "fair_value": 8.988544, "relative_strength": 1.373054, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 56.989241, "energy": 41.174191, "activity_lines": [ 8.312153, 8.246356, 8.083514, 7.845746 ] }, { "date": "2024-06-14", "close": 7.694711, "volume": 647300, "typical_volume": 590210.0, "trend": 7.528733, "fair_value": 8.965436, "relative_strength": -0.264985, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 30.874805, "energy": 19.95183, "activity_lines": [ 8.102609, 8.158514, 8.066088, 7.859246 ] }, { "date": "2024-06-21", "close": 7.541871, "volume": 1132400, "typical_volume": 577240.0, "trend": 7.567823, "fair_value": 8.936471, "relative_strength": -1.753845, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 11.995686, "energy": 13.219994, "activity_lines": [ 7.871341, 8.045765, 8.031296, 7.860094 ] }, { "date": "2024-06-28", "close": 7.975529, "volume": 592900, "typical_volume": 529940.0, "trend": 7.624225, "fair_value": 8.913917, "relative_strength": 2.42175, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 11.734697, "energy": 18.353546, "activity_lines": [ 7.845803, 8.019729, 8.034097, 7.886398 ] }, { "date": "2024-07-05", "close": 8.29606, "volume": 264100, "typical_volume": 482605.0, "trend": 7.684238, "fair_value": 8.897643, "relative_strength": 5.645998, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 25.421467, "energy": 18.014674, "activity_lines": [ 7.956888, 8.05721, 8.064992, 7.929742 ] }, { "date": "2024-07-12", "close": 8.399758, "volume": 469300, "typical_volume": 487460.0, "trend": 7.739095, "fair_value": 8.881275, "relative_strength": 4.087214, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 51.937971, "energy": 22.71013, "activity_lines": [ 8.125871, 8.111091, 8.104351, 7.975904 ] }, { "date": "2024-07-19", "close": 8.607161, "volume": 725900, "typical_volume": 509230.0, "trend": 7.79287, "fair_value": 8.864124, "relative_strength": 6.549933, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 61.845133, "energy": 49.534198, "activity_lines": [ 8.334396, 8.193763, 8.158394, 8.031909 ] }, { "date": "2024-07-26", "close": 8.607161, "volume": 487800, "typical_volume": 499935.0, "trend": 7.846029, "fair_value": 8.845618, "relative_strength": 5.900659, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 60.927047, "energy": 58.692637, "activity_lines": [ 8.482091, 8.267815, 8.20787, 8.084443 ] }, { "date": "2024-08-02", "close": 8.314913, "volume": 1233000, "typical_volume": 521185.0, "trend": 7.892522, "fair_value": 8.823452, "relative_strength": 4.974293, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 54.349947, "energy": 52.255246, "activity_lines": [ 8.461351, 8.286047, 8.224324, 8.114694 ] }, { "date": "2024-08-09", "close": 7.268478, "volume": 810000, "typical_volume": 515045.0, "trend": 7.908132, "fair_value": 8.794035, "relative_strength": -8.362429, "stage": 4, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": -1.794999, "energy": 2.685053, "activity_lines": [ 8.069174, 8.115969, 8.138609, 8.074433 ] }, { "date": "2024-08-16", "close": 7.607862, "volume": 608400, "typical_volume": 524295.0, "trend": 7.928904, "fair_value": 8.763002, "relative_strength": -6.843449, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -16.825767, "energy": 18.044204, "activity_lines": [ 7.85863, 8.032643, 8.088, 8.055061 ] }, { "date": "2024-08-23", "close": 8.135793, "volume": 785000, "typical_volume": 546525.0, "trend": 7.963276, "fair_value": 8.732353, "relative_strength": -1.143113, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -5.608464, "energy": 16.228992, "activity_lines": [ 7.876856, 8.051633, 8.090971, 8.068409 ] }, { "date": "2024-08-30", "close": 7.972228, "volume": 540900, "typical_volume": 556400.0, "trend": 8.003575, "fair_value": 8.70022, "relative_strength": -3.223391, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -9.106073, "energy": 17.863052, "activity_lines": [ 7.871984, 8.032864, 8.077019, 8.068986 ] }, { "date": "2024-09-06", "close": 7.686484, "volume": 395200, "typical_volume": 550945.0, "trend": 8.010974, "fair_value": 8.666582, "relative_strength": -4.223246, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -25.067106, "energy": 30.379962, "activity_lines": [ 7.814194, 7.954316, 8.035864, 8.048529 ] }, { "date": "2024-09-13", "close": 8.286545, "volume": 603600, "typical_volume": 568730.0, "trend": 8.020537, "fair_value": 8.637009, "relative_strength": -0.042846, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 5.848813, "energy": 4.133701, "activity_lines": [ 7.99832, 7.990127, 8.054606, 8.066307 ] }, { "date": "2024-09-20", "close": 8.210347, "volume": 614400, "typical_volume": 586260.0, "trend": 8.049705, "fair_value": 8.612064, "relative_strength": -2.028123, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 6.571847, "energy": 5.461942, "activity_lines": [ 8.089174, 8.012255, 8.065494, 8.078553 ] }, { "date": "2024-09-27", "close": 8.505615, "volume": 1834600, "typical_volume": 668040.0, "trend": 8.078289, "fair_value": 8.591625, "relative_strength": 1.231727, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 37.075533, "energy": 21.210957, "activity_lines": [ 8.238286, 8.091513, 8.103069, 8.107967 ] }, { "date": "2024-10-04", "close": 8.658011, "volume": 462400, "typical_volume": 671605.0, "trend": 8.116306, "fair_value": 8.575755, "relative_strength": 2.236403, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 60.484815, "energy": 40.03529, "activity_lines": [ 8.413542, 8.200326, 8.153383, 8.145368 ] }, { "date": "2024-10-11", "close": 9.019953, "volume": 490700, "typical_volume": 688300.0, "trend": 8.157372, "fair_value": 8.558559, "relative_strength": 5.075391, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 69.398163, "energy": 63.133592, "activity_lines": [ 8.663726, 8.374021, 8.237223, 8.203668 ] }, { "date": "2024-10-18", "close": 9.51524, "volume": 1120900, "typical_volume": 729590.0, "trend": 8.212771, "fair_value": 8.54285, "relative_strength": 9.01659, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 80.472814, "energy": 75.44556, "activity_lines": [ 8.990108, 8.62495, 8.365387, 8.291272 ] }, { "date": "2024-10-25", "close": 9.362844, "volume": 245400, "typical_volume": 703210.0, "trend": 8.248167, "fair_value": 8.524912, "relative_strength": 8.604067, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 72.025576, "energy": 76.341107, "activity_lines": [ 9.183778, 8.80732, 8.474898, 8.365471 ] }, { "date": "2024-11-01", "close": 9.486666, "volume": 472200, "typical_volume": 694455.0, "trend": 8.302614, "fair_value": 8.503684, "relative_strength": 10.697586, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 72.371475, "energy": 79.340933, "activity_lines": [ 9.34189, 8.980295, 8.589502, 8.445374 ] }, { "date": "2024-11-08", "close": 9.23902, "volume": 777100, "typical_volume": 676690.0, "trend": 8.344764, "fair_value": 8.472976, "relative_strength": 5.439791, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.003463, "energy": 74.937955, "activity_lines": [ 9.352049, 9.083681, 8.671987, 8.505787 ] }, { "date": "2024-11-15", "close": 9.810507, "volume": 912800, "typical_volume": 692685.0, "trend": 8.396326, "fair_value": 8.452028, "relative_strength": 10.906571, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 76.245697, "energy": 75.272478, "activity_lines": [ 9.513969, 9.267942, 8.800818, 8.600351 ] }, { "date": "2024-11-22", "close": 9.762884, "volume": 532700, "typical_volume": 706115.0, "trend": 8.44972, "fair_value": 8.434243, "relative_strength": 7.577596, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 71.166923, "energy": 70.284431, "activity_lines": [ 9.607312, 9.404926, 8.916375, 8.688516 ] }, { "date": "2024-11-29", "close": 10.444845, "volume": 1027900, "typical_volume": 734045.0, "trend": 8.534241, "fair_value": 8.423785, "relative_strength": 13.565624, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 84.61314, "energy": 80.145182, "activity_lines": [ 9.911466, 9.63906, 9.089896, 8.817234 ] }, { "date": "2024-12-06", "close": 10.540845, "volume": 873200, "typical_volume": 741410.0, "trend": 8.614499, "fair_value": 8.41148, "relative_strength": 13.859643, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 80.191764, "energy": 84.271921, "activity_lines": [ 10.175486, 9.850021, 9.262821, 8.946692 ] }, { "date": "2024-12-13", "close": 10.339247, "volume": 922200, "typical_volume": 763130.0, "trend": 8.677157, "fair_value": 8.39542, "relative_strength": 13.043728, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.252304, "energy": 81.74495, "activity_lines": [ 10.302028, 9.987324, 9.407339, 9.057966 ] }, { "date": "2024-12-20", "close": 9.792043, "volume": 670900, "typical_volume": 735025.0, "trend": 8.722818, "fair_value": 8.374978, "relative_strength": 9.630007, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.20102, "energy": 61.342535, "activity_lines": [ 10.172821, 9.994567, 9.491494, 9.129894 ] }, { "date": "2024-12-27", "close": 9.648043, "volume": 114600, "typical_volume": 700255.0, "trend": 8.756218, "fair_value": 8.354323, "relative_strength": 6.851617, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 60.54949, "energy": 48.015154, "activity_lines": [ 9.996844, 9.96159, 9.554901, 9.189586 ] }, { "date": "2025-01-03", "close": 9.60004, "volume": 259800, "typical_volume": 682825.0, "trend": 8.811023, "fair_value": 8.333908, "relative_strength": 4.855022, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 43.933368, "energy": 30.475352, "activity_lines": [ 9.812523, 9.917471, 9.602404, 9.244026 ] }, { "date": "2025-01-10", "close": 8.668837, "volume": 444800, "typical_volume": 665815.0, "trend": 8.843494, "fair_value": 8.305609, "relative_strength": -4.278124, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 8.401085, "energy": 20.099038, "activity_lines": [ 9.37412, 9.69973, 9.551736, 9.234853 ] }, { "date": "2025-01-17", "close": 8.976039, "volume": 435300, "typical_volume": 660535.0, "trend": 8.8913, "fair_value": 8.279389, "relative_strength": -2.196253, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 10.482221, "energy": 23.85381, "activity_lines": [ 9.162919, 9.552713, 9.527786, 9.243404 ] }, { "date": "2025-01-24", "close": 9.379241, "volume": 333700, "typical_volume": 657460.0, "trend": 8.93809, "fair_value": 8.255315, "relative_strength": 0.421019, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 6.628531, "energy": 21.014047, "activity_lines": [ 9.177, 9.483787, 9.537456, 9.274884 ] }, { "date": "2025-01-31", "close": 9.44644, "volume": 2441000, "typical_volume": 749330.0, "trend": 8.976436, "fair_value": 8.234025, "relative_strength": 0.624955, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 7.279618, "energy": 18.345795, "activity_lines": [ 9.241, 9.434921, 9.545465, 9.307681 ] }, { "date": "2025-02-07", "close": 8.198435, "volume": 2007800, "typical_volume": 819000.0, "trend": 8.969726, "fair_value": 8.208018, "relative_strength": -12.207573, "stage": 4, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -37.648636, "energy": 32.438533, "activity_lines": [ 8.902438, 9.164898, 9.429094, 9.257488 ] }, { "date": "2025-02-14", "close": 8.265635, "volume": 979800, "typical_volume": 776260.0, "trend": 8.958341, "fair_value": 8.188513, "relative_strength": -11.386512, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -36.246546, "energy": 47.571669, "activity_lines": [ 8.679717, 8.947937, 9.319179, 9.212062 ] }, { "date": "2025-02-21", "close": 8.217635, "volume": 696200, "typical_volume": 787950.0, "trend": 8.945357, "fair_value": 8.170204, "relative_strength": -10.649218, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -34.594827, "energy": 57.043794, "activity_lines": [ 8.467876, 8.763616, 9.205836, 9.164275 ] }, { "date": "2025-02-28", "close": 7.954387, "volume": 907400, "typical_volume": 808785.0, "trend": 8.93334, "fair_value": 8.152685, "relative_strength": -14.163265, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -46.97117, "energy": 69.509965, "activity_lines": [ 8.218846, 8.570006, 9.069518, 9.100341 ] }, { "date": "2025-03-07", "close": 8.410309, "volume": 1324400, "typical_volume": 818960.0, "trend": 8.971401, "fair_value": 8.141338, "relative_strength": -6.886649, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -35.882842, "energy": 61.115547, "activity_lines": [ 8.21678, 8.492704, 8.981696, 9.066597 ] }, { "date": "2025-03-14", "close": 8.109594, "volume": 940200, "typical_volume": 853700.0, "trend": 8.988125, "fair_value": 8.126962, "relative_strength": -9.339869, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -39.242242, "energy": 56.111171, "activity_lines": [ 8.183551, 8.38323, 8.870496, 9.010997 ] }, { "date": "2025-03-21", "close": 8.245402, "volume": 761000, "typical_volume": 868140.0, "trend": 8.991779, "fair_value": 8.112355, "relative_strength": -9.224738, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -60.970165, "energy": 55.543273, "activity_lines": [ 8.201515, 8.325548, 8.778197, 8.963079 ] }, { "date": "2025-03-28", "close": 8.2066, "volume": 443500, "typical_volume": 851460.0, "trend": 8.999591, "fair_value": 8.09783, "relative_strength": -8.680505, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -58.524811, "energy": 42.133428, "activity_lines": [ 8.207893, 8.268509, 8.688114, 8.912423 ] }, { "date": "2025-04-04", "close": 7.653673, "volume": 795700, "typical_volume": 845605.0, "trend": 8.998497, "fair_value": 8.081523, "relative_strength": -8.974327, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -73.190635, "energy": 50.127205, "activity_lines": [ 8.030698, 8.124928, 8.550288, 8.825589 ] }, { "date": "2025-04-11", "close": 7.682774, "volume": 539200, "typical_volume": 845930.0, "trend": 8.978372, "fair_value": 8.06799, "relative_strength": -9.972126, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -69.12908, "energy": 56.878877, "activity_lines": [ 7.883251, 8.018012, 8.425504, 8.740704 ] }, { "date": "2025-04-18", "close": 7.886485, "volume": 287000, "typical_volume": 808885.0, "trend": 8.967576, "fair_value": 8.055323, "relative_strength": -9.64174, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.308947, "energy": 55.340414, "activity_lines": [ 7.852209, 7.980202, 8.330026, 8.67026 ] }, { "date": "2025-04-25", "close": 8.061094, "volume": 246600, "typical_volume": 777555.0, "trend": 8.952759, "fair_value": 8.044766, "relative_strength": -9.357491, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -58.583684, "energy": 47.586246, "activity_lines": [ 7.894245, 7.97981, 8.26336, 8.611777 ] }, { "date": "2025-05-02", "close": 8.352106, "volume": 304000, "typical_volume": 746645.0, "trend": 8.942562, "fair_value": 8.039435, "relative_strength": -7.157073, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -44.432667, "energy": 32.065721, "activity_lines": [ 8.045572, 8.036048, 8.236218, 8.573025 ] }, { "date": "2025-05-09", "close": 8.62372, "volume": 328500, "typical_volume": 729525.0, "trend": 8.929354, "fair_value": 8.038873, "relative_strength": -5.246807, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -30.187062, "energy": 19.904843, "activity_lines": [ 8.277737, 8.139226, 8.244406, 8.552455 ] }, { "date": "2025-05-16", "close": 9.215448, "volume": 319100, "typical_volume": 739750.0, "trend": 8.919361, "fair_value": 8.04282, "relative_strength": -1.024476, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": 11.824778, "energy": 22.387583, "activity_lines": [ 8.642474, 8.337821, 8.314513, 8.570912 ] }, { "date": "2025-05-23", "close": 9.302753, "volume": 157400, "typical_volume": 734630.0, "trend": 8.917358, "fair_value": 8.046721, "relative_strength": 0.36418, "stage": 1, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "mixed", "direction": 33.96068, "energy": 38.220439, "activity_lines": [ 8.934135, 8.53765, 8.394995, 8.595647 ] }, { "date": "2025-05-30", "close": 9.021441, "volume": 767400, "typical_volume": 750760.0, "trend": 8.901851, "fair_value": 8.045074, "relative_strength": -3.542297, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 21.943492, "energy": 39.839206, "activity_lines": [ 9.037607, 8.664639, 8.450101, 8.602362 ] }, { "date": "2025-06-06", "close": 9.225149, "volume": 1010900, "typical_volume": 779540.0, "trend": 8.901388, "fair_value": 8.048423, "relative_strength": -2.246626, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 27.529791, "energy": 47.052672, "activity_lines": [ 9.144959, 8.814555, 8.522928, 8.62322 ] }, { "date": "2025-06-13", "close": 9.128144, "volume": 561800, "typical_volume": 790945.0, "trend": 8.878643, "fair_value": 8.059691, "relative_strength": -3.491162, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 23.297826, "energy": 46.06929, "activity_lines": [ 9.161773, 8.928315, 8.585331, 8.63785 ] }, { "date": "2025-06-20", "close": 9.666646, "volume": 627000, "typical_volume": 700245.0, "trend": 8.875435, "fair_value": 8.071243, "relative_strength": 2.146339, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 45.055455, "energy": 42.851294, "activity_lines": [ 9.324459, 9.113176, 8.700215, 8.688688 ] }, { "date": "2025-06-27", "close": 10.028656, "volume": 781700, "typical_volume": 638940.0, "trend": 8.861562, "fair_value": 8.088673, "relative_strength": 5.135656, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 49.856302, "energy": 54.515868, "activity_lines": [ 9.577736, 9.327786, 8.848528, 8.76309 ] }, { "date": "2025-07-04", "close": 10.429803, "volume": 423500, "typical_volume": 611125.0, "trend": 8.857861, "fair_value": 8.106673, "relative_strength": 7.836616, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 81.936643, "energy": 82.135563, "activity_lines": [ 9.916334, 9.576384, 9.02633, 8.864267 ] }, { "date": "2025-07-11", "close": 10.566779, "volume": 895400, "typical_volume": 621085.0, "trend": 8.865445, "fair_value": 8.128331, "relative_strength": 9.243633, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 80.707578, "energy": 88.890441, "activity_lines": [ 10.206701, 9.806819, 9.206872, 8.974519 ] }, { "date": "2025-07-18", "close": 10.97771, "volume": 951200, "typical_volume": 623275.0, "trend": 8.904967, "fair_value": 8.14762, "relative_strength": 12.148088, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 83.201226, "energy": 92.274311, "activity_lines": [ 10.544602, 10.071702, 9.415363, 9.110795 ] }, { "date": "2025-07-25", "close": 10.664619, "volume": 869800, "typical_volume": 600545.0, "trend": 8.938853, "fair_value": 8.160678, "relative_strength": 8.173047, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 69.046404, "energy": 86.689007, "activity_lines": [ 10.654836, 10.236859, 9.57964, 9.224321 ] }, { "date": "2025-08-01", "close": 10.263474, "volume": 435900, "typical_volume": 575330.0, "trend": 8.960968, "fair_value": 8.178946, "relative_strength": 5.897672, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.97085, "energy": 70.584256, "activity_lines": [ 10.564822, 10.302733, 9.694978, 9.30978 ] }, { "date": "2025-08-08", "close": 9.402476, "volume": 883700, "typical_volume": 581465.0, "trend": 8.985422, "fair_value": 8.187526, "relative_strength": -5.631818, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 49.396302, "energy": 39.231392, "activity_lines": [ 10.172155, 10.194593, 9.718059, 9.338264 ] }, { "date": "2025-08-15", "close": 9.911248, "volume": 764100, "typical_volume": 597495.0, "trend": 9.016596, "fair_value": 8.20337, "relative_strength": -1.182119, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 42.084661, "energy": 26.402565, "activity_lines": [ 10.017568, 10.17203, 9.784084, 9.397995 ] }, { "date": "2025-08-22", "close": 10.018872, "volume": 436500, "typical_volume": 579535.0, "trend": 9.037917, "fair_value": 8.223127, "relative_strength": -1.638861, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 36.723251, "energy": 24.23883, "activity_lines": [ 9.942556, 10.15656, 9.852243, 9.462658 ] }, { "date": "2025-08-29", "close": 10.034416, "volume": 386400, "typical_volume": 571895.0, "trend": 9.057516, "fair_value": 8.245644, "relative_strength": -2.335571, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 33.609446, "energy": 22.959939, "activity_lines": [ 9.936649, 10.127722, 9.910619, 9.526948 ] }, { "date": "2025-09-05", "close": 10.024549, "volume": 733300, "typical_volume": 594210.0, "trend": 9.118387, "fair_value": 8.265962, "relative_strength": -4.10353, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 34.322451, "energy": 20.550016, "activity_lines": [ 9.969466, 10.090403, 9.956856, 9.589338 ] }, { "date": "2025-09-12", "close": 10.310683, "volume": 477800, "typical_volume": 605770.0, "trend": 9.186555, "fair_value": 8.290081, "relative_strength": -2.154429, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 53.538585, "energy": 30.347005, "activity_lines": [ 10.11359, 10.105182, 10.020164, 9.66626 ] }, { "date": "2025-09-19", "close": 10.152816, "volume": 465500, "typical_volume": 613845.0, "trend": 9.251061, "fair_value": 8.316335, "relative_strength": -5.206099, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 47.903168, "energy": 28.919563, "activity_lines": [ 10.144544, 10.093425, 10.057724, 9.728599 ] }, { "date": "2025-09-26", "close": 10.577084, "volume": 412500, "typical_volume": 618045.0, "trend": 9.338484, "fair_value": 8.346095, "relative_strength": -1.223161, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 61.010455, "energy": 37.594631, "activity_lines": [ 10.300816, 10.166333, 10.127116, 9.814149 ] }, { "date": "2025-10-03", "close": 10.774417, "volume": 643400, "typical_volume": 634260.0, "trend": 9.417288, "fair_value": 8.377121, "relative_strength": -1.701238, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.638364, "energy": 49.386976, "activity_lines": [ 10.485652, 10.282405, 10.205999, 9.90679 ] }, { "date": "2025-10-10", "close": 9.768015, "volume": 384400, "typical_volume": 645610.0, "trend": 9.472568, "fair_value": 8.401751, "relative_strength": -8.828021, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 42.829693, "energy": 26.823994, "activity_lines": [ 10.285687, 10.213498, 10.181612, 9.929418 ] }, { "date": "2025-10-17", "close": 11.524285, "volume": 1278900, "typical_volume": 671185.0, "trend": 9.581865, "fair_value": 8.43674, "relative_strength": 6.647504, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 74.463878, "energy": 49.806696, "activity_lines": [ 10.688248, 10.472921, 10.322272, 10.061786 ] }, { "date": "2025-10-24", "close": 11.672285, "volume": 961700, "typical_volume": 668725.0, "trend": 9.697387, "fair_value": 8.471947, "relative_strength": 7.136183, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 73.371292, "energy": 59.238134, "activity_lines": [ 11.059235, 10.720675, 10.46511, 10.196652 ] }, { "date": "2025-10-31", "close": 11.603219, "volume": 418000, "typical_volume": 661535.0, "trend": 9.829039, "fair_value": 8.504127, "relative_strength": 6.871408, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 67.882144, "energy": 60.512395, "activity_lines": [ 11.305902, 10.923853, 10.589716, 10.319609 ] }, { "date": "2025-11-07", "close": 11.376285, "volume": 374500, "typical_volume": 648910.0, "trend": 9.952156, "fair_value": 8.532436, "relative_strength": 5.96129, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 60.92007, "energy": 70.779463, "activity_lines": [ 11.408516, 11.056963, 10.680924, 10.419431 ] }, { "date": "2025-11-14", "close": 11.040817, "volume": 827900, "typical_volume": 651220.0, "trend": 10.0573, "fair_value": 8.560224, "relative_strength": 1.595506, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 56.854074, "energy": 56.685073, "activity_lines": [ 11.359182, 11.104682, 10.732041, 10.489668 ] }, { "date": "2025-11-21", "close": 11.080283, "volume": 518800, "typical_volume": 655985.0, "trend": 10.15794, "fair_value": 8.587254, "relative_strength": 2.609031, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 54.367617, "energy": 36.787456, "activity_lines": [ 11.238151, 11.141099, 10.782098, 10.555667 ] }, { "date": "2025-11-28", "close": 11.716367, "volume": 444800, "typical_volume": 633455.0, "trend": 10.270082, "fair_value": 8.61731, "relative_strength": 4.464548, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 62.889756, "energy": 37.613292, "activity_lines": [ 11.358747, 11.279174, 10.889636, 10.65621 ] }, { "date": "2025-12-05", "close": 11.378489, "volume": 682000, "typical_volume": 619995.0, "trend": 10.361908, "fair_value": 8.645768, "relative_strength": 1.940504, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 52.071804, "energy": 30.904079, "activity_lines": [ 11.363779, 11.32739, 10.959521, 10.72772 ] }, { "date": "2025-12-12", "close": 11.159863, "volume": 517100, "typical_volume": 602360.0, "trend": 10.426721, "fair_value": 8.674132, "relative_strength": -0.407095, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 39.99024, "energy": 25.130208, "activity_lines": [ 11.310917, 11.321283, 11.006676, 10.779201 ] }, { "date": "2025-12-19", "close": 11.49774, "volume": 348300, "typical_volume": 597980.0, "trend": 10.499888, "fair_value": 8.701423, "relative_strength": 2.068956, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 53.846728, "energy": 31.596064, "activity_lines": [ 11.385109, 11.369602, 11.083651, 10.848299 ] }, { "date": "2025-12-26", "close": 11.308928, "volume": 163900, "typical_volume": 561990.0, "trend": 10.576137, "fair_value": 8.726254, "relative_strength": -0.179579, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 48.545548, "energy": 26.201921, "activity_lines": [ 11.365902, 11.352141, 11.136767, 10.900495 ] }, { "date": "2026-01-02", "close": 11.0108, "volume": 274500, "typical_volume": 537510.0, "trend": 10.635659, "fair_value": 8.747924, "relative_strength": -2.25699, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 36.078962, "energy": 17.90253, "activity_lines": [ 11.232076, 11.28439, 11.152412, 10.928538 ] }, { "date": "2026-01-09", "close": 11.398365, "volume": 532400, "typical_volume": 542305.0, "trend": 10.711333, "fair_value": 8.756798, "relative_strength": -1.07719, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 39.162718, "energy": 19.861033, "activity_lines": [ 11.274477, 11.299133, 11.199731, 10.977745 ] }, { "date": "2026-01-16", "close": 12.193369, "volume": 955900, "typical_volume": 570780.0, "trend": 10.795557, "fair_value": 8.770426, "relative_strength": 4.39021, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 67.282223, "energy": 39.675893, "activity_lines": [ 11.580553, 11.462147, 11.316196, 11.07336 ] }, { "date": "2026-01-23", "close": 11.934993, "volume": 353400, "typical_volume": 551785.0, "trend": 10.859102, "fair_value": 8.78166, "relative_strength": 1.901725, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 61.032424, "energy": 49.703386, "activity_lines": [ 11.731604, 11.563327, 11.397774, 11.146872 ] }, { "date": "2026-01-30", "close": 11.785929, "volume": 699600, "typical_volume": 562875.0, "trend": 10.904306, "fair_value": 8.791484, "relative_strength": 4.483819, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 54.734813, "energy": 54.313795, "activity_lines": [ 11.803817, 11.621147, 11.456057, 11.206668 ] }, { "date": "2026-02-06", "close": 12.054243, "volume": 701400, "typical_volume": 574670.0, "trend": 10.953888, "fair_value": 8.803539, "relative_strength": 4.781187, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 61.532177, "energy": 61.085756, "activity_lines": [ 11.933668, 11.714921, 11.532869, 11.280857 ] }, { "date": "2026-02-13", "close": 11.974743, "volume": 644500, "typical_volume": 586270.0, "trend": 10.987122, "fair_value": 8.814915, "relative_strength": 1.984581, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 58.377257, "energy": 52.280766, "activity_lines": [ 11.967455, 11.788098, 11.593055, 11.346719 ] }, { "date": "2026-02-20", "close": 13.167248, "volume": 2184500, "typical_volume": 663325.0, "trend": 11.070543, "fair_value": 8.833904, "relative_strength": 9.303718, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 81.995259, "energy": 67.901684, "activity_lines": [ 12.360319, 12.067252, 11.760157, 11.487372 ] }, { "date": "2026-02-27", "close": 13.39, "volume": 1117400, "typical_volume": 699975.0, "trend": 11.174761, "fair_value": 8.854952, "relative_strength": 9.010321, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 82.379033, "energy": 80.439181, "activity_lines": [ 12.762509, 12.350409, 11.93708, 11.637014 ] }, { "date": "2026-03-06", "close": 12.79, "volume": 1393900, "typical_volume": 705725.0, "trend": 11.287678, "fair_value": 8.874099, "relative_strength": 7.807753, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.349969, "energy": 73.451781, "activity_lines": [ 12.867698, 12.490071, 12.039612, 11.741223 ] }, { "date": "2026-03-13", "close": 11.89, "volume": 1115700, "typical_volume": 713425.0, "trend": 11.353637, "fair_value": 8.889938, "relative_strength": 1.698827, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 60.58374, "energy": 54.695027, "activity_lines": [ 12.605949, 12.439167, 12.050403, 11.780083 ] }, { "date": "2026-03-20", "close": 11.26, "volume": 1287600, "typical_volume": 756905.0, "trend": 11.395008, "fair_value": 8.900479, "relative_strength": -0.080832, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 24.182308, "energy": 18.452499, "activity_lines": [ 12.14515, 12.257733, 12.000157, 11.774042 ] }, { "date": "2026-03-27", "close": 11.46, "volume": 792800, "typical_volume": 777820.0, "trend": 11.442527, "fair_value": 8.911272, "relative_strength": -0.497102, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 15.348519, "energy": 18.045637, "activity_lines": [ 11.798667, 12.115178, 11.970592, 11.778235 ] }, { "date": "2026-04-03", "close": 11.75, "volume": 866400, "typical_volume": 779745.0, "trend": 11.500042, "fair_value": 8.925126, "relative_strength": -1.64581, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 18.754926, "energy": 23.344603, "activity_lines": [ 11.662667, 12.038684, 11.968249, 11.798072 ] }, { "date": "2026-04-10", "close": 11.97, "volume": 616300, "typical_volume": 784620.0, "trend": 11.555353, "fair_value": 8.940047, "relative_strength": -1.706222, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 18.192043, "energy": 20.044815, "activity_lines": [ 11.709333, 12.005554, 11.98348, 11.828392 ] }, { "date": "2026-04-17", "close": 12.92, "volume": 707300, "typical_volume": 797745.0, "trend": 11.647592, "fair_value": 8.961801, "relative_strength": 3.808289, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 47.225381, "energy": 19.599544, "activity_lines": [ 12.127333, 12.141804, 12.084951, 11.916433 ] }, { "date": "2026-04-24", "close": 12.068999, "volume": 533400, "typical_volume": 790315.0, "trend": 11.697323, "fair_value": 8.9773, "relative_strength": -1.91936, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 39.912488, "energy": 22.020023, "activity_lines": [ 12.193, 12.107586, 12.099643, 11.943621 ] }, { "date": "2026-05-01", "close": 12.0094, "volume": 490500, "typical_volume": 788985.0, "trend": 11.738489, "fair_value": 8.994591, "relative_strength": -2.473451, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 32.062043, "energy": 20.265243, "activity_lines": [ 12.184866, 12.060818, 12.105371, 11.963755 ] }, { "date": "2026-05-08", "close": 12.416667, "volume": 407100, "typical_volume": 791925.0, "trend": 11.826777, "fair_value": 9.020273, "relative_strength": 0.15306, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 39.650942, "energy": 24.671847, "activity_lines": [ 12.275862, 12.10915, 12.14584, 12.007508 ] }, { "date": "2026-05-15", "close": 12.049133, "volume": 475500, "typical_volume": 807505.0, "trend": 11.844272, "fair_value": 9.042797, "relative_strength": -2.116181, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 31.877461, "energy": 14.605093, "activity_lines": [ 12.199902, 12.108355, 12.146931, 12.021854 ] }, { "date": "2026-05-22", "close": 12.764334, "volume": 359200, "typical_volume": 811740.0, "trend": 11.880674, "fair_value": 9.069506, "relative_strength": 1.716509, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 56.527796, "energy": 29.383165, "activity_lines": [ 12.357067, 12.251067, 12.21261, 12.081213 ] }, { "date": "2026-05-29", "close": 12.9928, "volume": 623900, "typical_volume": 816315.0, "trend": 11.926993, "fair_value": 9.101571, "relative_strength": 2.493413, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 60.838473, "energy": 46.099029, "activity_lines": [ 12.600765, 12.419421, 12.291699, 12.152963 ] }, { "date": "2026-06-05", "close": 13.5888, "volume": 693100, "typical_volume": 803175.0, "trend": 12.000744, "fair_value": 9.139116, "relative_strength": 8.041525, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 72.424392, "energy": 63.447244, "activity_lines": [ 12.981542, 12.664633, 12.419957, 12.260176 ] }, { "date": "2026-06-12", "close": 14.323867, "volume": 391100, "typical_volume": 805060.0, "trend": 12.110179, "fair_value": 9.184865, "relative_strength": 11.790761, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 83.427056, "energy": 80.311719, "activity_lines": [ 13.502049, 13.004788, 12.611576, 12.410055 ] }, { "date": "2026-06-19", "close": 14.78, "volume": 208300, "typical_volume": 780495.0, "trend": 12.233503, "fair_value": 9.233464, "relative_strength": 14.899854, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 85.632082, "energy": 88.998455, "activity_lines": [ 14.047453, 13.381079, 12.835261, 12.582302 ] }, { "date": "2026-06-26", "close": 14.17, "volume": 297700, "typical_volume": 760310.0, "trend": 12.31529, "fair_value": 9.276013, "relative_strength": 9.953893, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.697413, "energy": 82.54128, "activity_lines": [ 14.207467, 13.59537, 12.986593, 12.707237 ] }, { "date": "2026-07-03", "close": 14.42, "volume": 127600, "typical_volume": 734465.0, "trend": 12.416674, "fair_value": 9.320801, "relative_strength": 10.908922, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 69.140149, "energy": 84.92126, "activity_lines": [ 14.357102, 13.832388, 13.15166, 12.843025 ] }, { "date": "2026-07-10", "close": 14.71, "volume": 1210800, "typical_volume": 685780.0, "trend": 12.535012, "fair_value": 9.366523, "relative_strength": 12.802833, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 73.206314, "energy": 84.166269, "activity_lines": [ 14.508258, 14.079388, 13.332702, 12.990981 ] }, { "date": "2026-07-17", "close": 15.08, "volume": 1350800, "typical_volume": 697450.0, "trend": 12.654421, "fair_value": 9.413865, "relative_strength": 15.621068, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 77.621258, "energy": 75.247946, "activity_lines": [ 14.708, 14.344559, 13.541635, 13.155174 ] }, { "date": "2026-07-24", "close": 14.68, "volume": 1084700, "typical_volume": 681990.0, "trend": 12.76679, "fair_value": 9.459915, "relative_strength": 12.061112, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.540783, "energy": 64.727235, "activity_lines": [ 14.724, 14.488578, 13.704425, 13.285856 ] }, { "date": "2026-07-31", "close": 14.4, "volume": 893900, "typical_volume": 670900.0, "trend": 12.879763, "fair_value": 9.504459, "relative_strength": 10.204311, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.461424, "energy": 53.589288, "activity_lines": [ 14.653333, 14.533855, 13.831549, 13.391225 ] }, { "date": "2026-08-07", "close": 14.37, "volume": 1212400, "typical_volume": 667140.0, "trend": 12.978817, "fair_value": 9.548175, "relative_strength": 6.173345, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 58.821736, "energy": 46.105774, "activity_lines": [ 14.557333, 14.543937, 13.943864, 13.487369 ] } ], "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." } } }