{ "ticker": { "uuid": "3deb1928-aed4-41d8-9180-68655ee545fe", "symbol": "HOME", "name": "Neinor Homes, S.A.", "exchange": "MCE", "country": "ES", "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": "^IBEX", "stage": 4, "stage_name": "Declining", "phase": "4b", "phase_label": "Stage 4B \u00b7 Declining", "transition": "stage_4_declining", "transition_label": "Stage 4 decline intact", "confidence": 96.0, "architecture_regime": "balance", "architecture_regime_label": "Balance", "architecture_modifier": "Balance after decline", "architecture_gate": "down", "architecture_direction": -48.584, "architecture_energy": 34.138, "architecture_maturity": 14.183, "architecture_confidence": 77.131, "architecture_tenure": "New", "architecture": { "interpretation": { "headline": "Directional pressure has compressed into balance.", "body": "Trend and Activity are compressed into balance, so neither side has durable control. Prior structure and the next directional change provide context; balance alone is not assumed to be a base." }, "scores": { "balance": 37.83, "rotation_up": 13.94, "upward_expansion": 11.57, "deceleration": 51.76, "rotation_down": 60.37, "downward_expansion": 70.57 }, "activity_lines": [ 15.828667, 16.077454, 16.043033, 16.311297 ], "activity_state": "Compressed", "activity_direction": "Stable", "rotation_direction": "Weakening", "price_acceptance": -0.5 }, "latest_close": 15.56, "trend_reference": 16.863227, "distance_from_trend": -0.077282, "trend_direction": "Weakening", "fair_value": 13.038585, "distance_from_fair_value": 0.193381, "fair_value_direction": "Weakening", "relative_strength": -21.271037, "relative_strength_direction": "Weakening", "price_momentum": -0.167891, "excess_performance": -0.292321, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.077282, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.024674, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.193381, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.152031, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.21271, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.101173, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.167891, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.122404, "read": "Supply-led" } ], "volume": { "latest": 1398654, "relative_activity": 1.15016, "balance": 0.122404, "dry_up": 1.230595, "accumulation_observations": 0, "distribution_observations": 8 }, "risk": { "range_context": 0.056849, "annualized_volatility": 0.230945, "from_high_reference": -0.223364, "from_low_reference": 0.057065 }, "levels": { "trend_reference": 16.863227, "fair_value_reference": 13.038585, "structural_low": 14.72, "invalidation": "Reclaiming a flat-to-rising Trend with improving relative strength is required before the declining diagnosis is repaired." }, "outcomes": [ { "horizon": "Near term", "sample_count": 14, "median_return": 0.018515, "positive_rate": 0.714286, "directional_follow_through": 0.714286, "median_excess_return": 0.019257, "regime_survival": 0.5, "best_return": 0.187225, "worst_return": -0.072727, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 7, "median_return": 0.032727, "positive_rate": 0.571429, "directional_follow_through": 0.571429, "median_excess_return": 0.051372, "regime_survival": 0.285714, "best_return": 0.253901, "worst_return": -0.045775, "sufficient": true }, { "horizon": "Extended", "sample_count": 5, "median_return": 0.100424, "positive_rate": 0.6, "directional_follow_through": 0.6, "median_excess_return": 0.115085, "regime_survival": 0.0, "best_return": 0.450171, "worst_return": -0.208203, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 4, "median_return": 0.195467, "positive_rate": 0.75, "directional_follow_through": 0.75, "median_excess_return": -0.028186, "regime_survival": 0.25, "best_return": 0.657402, "worst_return": -0.153304, "sufficient": false } ], "ledger": [ { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-05-10", "end": "2025-02-14", "tenure": "Extended", "return": 0.572023, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-02-21", "end": "2025-03-21", "tenure": "Developing", "return": -0.084539, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-03-28", "end": "2025-05-02", "tenure": "Developing", "return": 0.126087, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-05-09", "end": "2025-05-16", "tenure": "New", "return": -0.043771, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-05-23", "end": "2025-06-13", "tenure": "New", "return": -0.034043, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-06-20", "end": "2025-07-04", "tenure": "New", "return": -0.029126, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-07-11", "end": "2025-09-12", "tenure": "Developing", "return": 0.013873, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-09-19", "end": "2025-11-28", "tenure": "Developing", "return": 0.057537, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-12-05", "end": "2026-03-13", "tenure": "Established", "return": -0.01115, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-03-20", "end": "2026-03-27", "tenure": "New", "return": -0.025424, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2026-04-03", "end": "2026-05-01", "tenure": "Developing", "return": 0.007721, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-05-08", "end": "2026-05-08", "tenure": "New", "return": 0.0, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-05-15", "end": "2026-07-10", "tenure": "Developing", "return": 0.036845, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-07-17", "end": "2026-08-07", "tenure": "New", "return": -0.032338, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 6.537119, "volume": 116861, "typical_volume": 248465.95, "trend": 6.800244, "fair_value": 7.138766, "relative_strength": -8.265638, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -50.771179, "energy": 25.335594, "activity_lines": [ 6.65837, 6.707069, 6.710867, 6.735298 ] }, { "date": "2023-08-25", "close": 6.380587, "volume": 367935, "typical_volume": 264778.5, "trend": 6.7831, "fair_value": 7.13391, "relative_strength": -10.539166, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -59.664911, "energy": 43.926088, "activity_lines": [ 6.545567, 6.645812, 6.677751, 6.708224 ] }, { "date": "2023-09-01", "close": 6.842732, "volume": 276936, "typical_volume": 274860.95, "trend": 6.770676, "fair_value": 7.133074, "relative_strength": -4.570577, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -38.639209, "energy": 25.943412, "activity_lines": [ 6.628555, 6.672917, 6.690635, 6.712071 ] }, { "date": "2023-09-08", "close": 6.99181, "volume": 197132, "typical_volume": 279565.35, "trend": 6.766204, "fair_value": 7.131973, "relative_strength": -1.030741, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -7.037332, "energy": 4.571781, "activity_lines": [ 6.748812, 6.723875, 6.717505, 6.726338 ] }, { "date": "2023-09-15", "close": 6.768192, "volume": 609863, "typical_volume": 306158.55, "trend": 6.749805, "fair_value": 7.130009, "relative_strength": -5.484411, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 1.422439, "energy": 4.573485, "activity_lines": [ 6.775646, 6.732142, 6.722297, 6.726466 ] }, { "date": "2023-09-22", "close": 6.865093, "volume": 126169, "typical_volume": 306356.05, "trend": 6.743097, "fair_value": 7.129315, "relative_strength": -3.083281, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 19.844491, "energy": 18.463718, "activity_lines": [ 6.829314, 6.755588, 6.736637, 6.733904 ] }, { "date": "2023-09-29", "close": 7.02908, "volume": 573252, "typical_volume": 323463.3, "trend": 6.743097, "fair_value": 7.129673, "relative_strength": 0.525357, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 56.08856, "energy": 41.770885, "activity_lines": [ 6.91578, 6.807359, 6.766204, 6.752354 ] }, { "date": "2023-10-06", "close": 7.245245, "volume": 171484, "typical_volume": 326491.95, "trend": 6.752539, "fair_value": 7.132879, "relative_strength": 6.143643, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 67.013829, "energy": 56.259325, "activity_lines": [ 7.031068, 6.898026, 6.814832, 6.784751 ] }, { "date": "2023-10-13", "close": 8.035364, "volume": 453057, "typical_volume": 339353.6, "trend": 6.795275, "fair_value": 7.140094, "relative_strength": 17.493704, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 87.80537, "energy": 79.450964, "activity_lines": [ 7.382895, 7.121645, 6.936154, 6.867514 ] }, { "date": "2023-10-20", "close": 7.810102, "volume": 341975, "typical_volume": 324819.25, "trend": 6.842925, "fair_value": 7.146596, "relative_strength": 16.435273, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 75.706106, "energy": 79.59305, "activity_lines": [ 7.590064, 7.280183, 7.029456, 6.932987 ] }, { "date": "2023-10-27", "close": 7.521705, "volume": 296011, "typical_volume": 333044.6, "trend": 6.868539, "fair_value": 7.152712, "relative_strength": 13.286665, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.731808, "energy": 75.4486, "activity_lines": [ 7.63164, 7.365851, 7.090046, 6.976779 ] }, { "date": "2023-11-03", "close": 7.646418, "volume": 207639, "typical_volume": 328484.65, "trend": 6.896819, "fair_value": 7.159953, "relative_strength": 10.241704, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 63.341436, "energy": 73.655414, "activity_lines": [ 7.671013, 7.456292, 7.157967, 7.026965 ] }, { "date": "2023-11-10", "close": 8.153061, "volume": 204200, "typical_volume": 331046.95, "trend": 6.941988, "fair_value": 7.170848, "relative_strength": 16.117244, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 76.632391, "energy": 68.435075, "activity_lines": [ 7.838111, 7.615835, 7.269248, 7.108012 ] }, { "date": "2023-11-17", "close": 8.137471, "volume": 119606, "typical_volume": 318820.85, "trend": 6.985643, "fair_value": 7.182212, "relative_strength": 11.064449, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 71.434785, "energy": 58.28425, "activity_lines": [ 7.939491, 7.748719, 7.371952, 7.18514 ] }, { "date": "2023-11-24", "close": 8.168649, "volume": 94525, "typical_volume": 296988.25, "trend": 7.030089, "fair_value": 7.193857, "relative_strength": 9.249829, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 68.743607, "energy": 61.558644, "activity_lines": [ 8.044457, 7.866442, 7.471638, 7.261463 ] }, { "date": "2023-12-01", "close": 8.246595, "volume": 162220, "typical_volume": 269970.8, "trend": 7.078872, "fair_value": 7.206123, "relative_strength": 7.963702, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 68.559712, "energy": 69.787545, "activity_lines": [ 8.151502, 7.972874, 7.57144, 7.339948 ] }, { "date": "2023-12-08", "close": 8.184239, "volume": 123918, "typical_volume": 268220.0, "trend": 7.128061, "fair_value": 7.218762, "relative_strength": 6.212768, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.716837, "energy": 58.7797, "activity_lines": [ 8.189435, 8.042851, 7.658333, 7.411262 ] }, { "date": "2023-12-15", "close": 7.903636, "volume": 176621, "typical_volume": 242561.5, "trend": 7.167897, "fair_value": 7.230456, "relative_strength": 3.828145, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 60.159305, "energy": 46.797277, "activity_lines": [ 8.097979, 8.040805, 7.712896, 7.461299 ] }, { "date": "2023-12-22", "close": 8.090704, "volume": 182270, "typical_volume": 244054.85, "trend": 7.215708, "fair_value": 7.239651, "relative_strength": 5.969036, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 57.998268, "energy": 41.203471, "activity_lines": [ 8.085508, 8.060802, 7.779335, 7.520835 ] }, { "date": "2023-12-29", "close": 8.231008, "volume": 246611, "typical_volume": 252414.25, "trend": 7.266456, "fair_value": 7.248119, "relative_strength": 7.708728, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.939117, "energy": 40.571885, "activity_lines": [ 8.122922, 8.105302, 7.852555, 7.586338 ] }, { "date": "2024-01-05", "close": 8.386896, "volume": 79023, "typical_volume": 250522.35, "trend": 7.327121, "fair_value": 7.256694, "relative_strength": 8.917929, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.910714, "energy": 43.160872, "activity_lines": [ 8.208142, 8.170492, 7.933265, 7.658624 ] }, { "date": "2024-01-12", "close": 8.32454, "volume": 184804, "typical_volume": 241365.8, "trend": 7.383969, "fair_value": 7.26438, "relative_strength": 8.70499, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.372822, "energy": 46.138055, "activity_lines": [ 8.263223, 8.208614, 7.999228, 7.722974 ] }, { "date": "2024-01-19", "close": 8.184239, "volume": 284330, "typical_volume": 241735.5, "trend": 7.434649, "fair_value": 7.271736, "relative_strength": 9.260197, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 58.886282, "energy": 48.809536, "activity_lines": [ 8.262184, 8.208898, 8.042572, 7.774604 ] }, { "date": "2024-01-26", "close": 8.106295, "volume": 128215, "typical_volume": 238289.65, "trend": 7.475525, "fair_value": 7.278593, "relative_strength": 7.218192, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 56.939212, "energy": 40.968478, "activity_lines": [ 8.216457, 8.194443, 8.072104, 7.817936 ] }, { "date": "2024-02-02", "close": 8.199828, "volume": 108054, "typical_volume": 213199.2, "trend": 7.527719, "fair_value": 7.286862, "relative_strength": 7.009676, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 52.695101, "energy": 34.379844, "activity_lines": [ 8.200868, 8.197561, 8.105238, 7.864665 ] }, { "date": "2024-02-09", "close": 8.449252, "volume": 219032, "typical_volume": 217842.35, "trend": 7.583257, "fair_value": 7.297542, "relative_strength": 11.90916, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.352342, "energy": 40.172062, "activity_lines": [ 8.270498, 8.245461, 8.155309, 7.924119 ] }, { "date": "2024-02-16", "close": 8.212235, "volume": 816939, "typical_volume": 230026.7, "trend": 7.623441, "fair_value": 7.306866, "relative_strength": 8.737503, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 49.920904, "energy": 31.503372, "activity_lines": [ 8.256966, 8.246584, 8.175263, 7.964698 ] }, { "date": "2024-02-23", "close": 8.277672, "volume": 391460, "typical_volume": 241025.5, "trend": 7.677484, "fair_value": 7.315078, "relative_strength": 6.82978, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 50.121887, "energy": 32.07906, "activity_lines": [ 8.272734, 8.259094, 8.195815, 8.006907 ] }, { "date": "2024-03-01", "close": 8.212235, "volume": 451048, "typical_volume": 240925.05, "trend": 7.727607, "fair_value": 7.32398, "relative_strength": 6.48312, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 48.234431, "energy": 29.509278, "activity_lines": [ 8.26046, 8.252907, 8.205219, 8.041407 ] }, { "date": "2024-03-08", "close": 8.089544, "volume": 621182, "typical_volume": 254885.4, "trend": 7.774385, "fair_value": 7.330048, "relative_strength": 2.349062, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 34.299162, "energy": 17.67085, "activity_lines": [ 8.200227, 8.222202, 8.202096, 8.064758 ] }, { "date": "2024-03-15", "close": 7.96685, "volume": 372872, "typical_volume": 258728.45, "trend": 7.822043, "fair_value": 7.336268, "relative_strength": -1.926357, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 11.695842, "energy": 8.717708, "activity_lines": [ 8.106447, 8.171761, 8.185956, 8.077175 ] }, { "date": "2024-03-22", "close": 8.326749, "volume": 420795, "typical_volume": 269386.25, "trend": 7.886915, "fair_value": 7.34471, "relative_strength": -0.817962, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 27.390791, "energy": 12.89136, "activity_lines": [ 8.164795, 8.194394, 8.201974, 8.109737 ] }, { "date": "2024-03-29", "close": 8.31039, "volume": 160946, "typical_volume": 267223.55, "trend": 7.935837, "fair_value": 7.352279, "relative_strength": -2.233692, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 37.67172, "energy": 15.270639, "activity_lines": [ 8.210055, 8.214012, 8.213193, 8.137058 ] }, { "date": "2024-04-05", "close": 8.326749, "volume": 264295, "typical_volume": 274458.0, "trend": 7.980335, "fair_value": 7.359442, "relative_strength": -0.69959, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 47.399672, "energy": 22.686634, "activity_lines": [ 8.258586, 8.234311, 8.225221, 8.162278 ] }, { "date": "2024-04-12", "close": 8.408544, "volume": 221717, "typical_volume": 280817.6, "trend": 8.035013, "fair_value": 7.366958, "relative_strength": 2.278421, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 54.114881, "energy": 36.097413, "activity_lines": [ 8.326749, 8.265473, 8.244138, 8.189904 ] }, { "date": "2024-04-19", "close": 8.359467, "volume": 253332, "typical_volume": 285373.2, "trend": 8.084825, "fair_value": 7.372711, "relative_strength": 1.132843, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 49.869708, "energy": 36.716053, "activity_lines": [ 8.357286, 8.283918, 8.257239, 8.210837 ] }, { "date": "2024-04-26", "close": 8.424903, "volume": 272810, "typical_volume": 292817.8, "trend": 8.131353, "fair_value": 7.379821, "relative_strength": -1.998039, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 55.22073, "energy": 39.499249, "activity_lines": [ 8.38346, 8.315892, 8.276034, 8.232777 ] }, { "date": "2024-05-03", "close": 8.768442, "volume": 142348, "typical_volume": 291104.15, "trend": 8.182126, "fair_value": 7.38845, "relative_strength": 4.643193, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 70.167493, "energy": 54.045623, "activity_lines": [ 8.517604, 8.406462, 8.326401, 8.27388 ] }, { "date": "2024-05-10", "close": 8.882956, "volume": 130663, "typical_volume": 288523.8, "trend": 8.210379, "fair_value": 7.3979, "relative_strength": 3.426706, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 73.152146, "energy": 63.613216, "activity_lines": [ 8.659382, 8.508929, 8.383557, 8.319094 ] }, { "date": "2024-05-17", "close": 9.013828, "volume": 187435, "typical_volume": 285565.0, "trend": 8.250503, "fair_value": 7.409637, "relative_strength": 2.711495, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 77.928526, "energy": 76.436305, "activity_lines": [ 8.807704, 8.622996, 8.449403, 8.37093 ] }, { "date": "2024-05-24", "close": 9.193777, "volume": 171949, "typical_volume": 290211.3, "trend": 8.306239, "fair_value": 7.422614, "relative_strength": 5.279261, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 82.145364, "energy": 85.349071, "activity_lines": [ 8.975657, 8.752976, 8.52866, 8.431786 ] }, { "date": "2024-05-31", "close": 9.537317, "volume": 167290, "typical_volume": 289335.6, "trend": 8.369269, "fair_value": 7.436428, "relative_strength": 8.152353, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 89.305717, "energy": 93.517558, "activity_lines": [ 9.202502, 8.92311, 8.636793, 8.511211 ] }, { "date": "2024-06-07", "close": 10.011729, "volume": 239064, "typical_volume": 287072.3, "trend": 8.431225, "fair_value": 7.453027, "relative_strength": 12.229018, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 93.782006, "energy": 96.718628, "activity_lines": [ 9.513324, 9.15749, 8.784332, 8.617176 ] }, { "date": "2024-06-14", "close": 9.717266, "volume": 190911, "typical_volume": 290207.1, "trend": 8.483884, "fair_value": 7.468848, "relative_strength": 12.499902, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 74.136556, "energy": 89.733759, "activity_lines": [ 9.643105, 9.307398, 8.895125, 8.700146 ] }, { "date": "2024-06-21", "close": 9.897216, "volume": 219755, "typical_volume": 295792.15, "trend": 8.541503, "fair_value": 7.48514, "relative_strength": 13.672812, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 77.773251, "energy": 91.237318, "activity_lines": [ 9.777249, 9.464742, 9.015385, 8.791329 ] }, { "date": "2024-06-28", "close": 10.224397, "volume": 191448, "typical_volume": 294412.95, "trend": 8.60743, "fair_value": 7.50225, "relative_strength": 17.758399, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 85.177835, "energy": 92.368348, "activity_lines": [ 9.961561, 9.654507, 9.158722, 8.899903 ] }, { "date": "2024-07-05", "close": 10.584294, "volume": 217527, "typical_volume": 264442.35, "trend": 8.687432, "fair_value": 7.520388, "relative_strength": 20.312726, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 89.85188, "energy": 91.919592, "activity_lines": [ 10.197131, 9.8758, 9.327882, 9.027442 ] }, { "date": "2024-07-12", "close": 11.042349, "volume": 241432, "typical_volume": 256940.95, "trend": 8.792056, "fair_value": 7.541804, "relative_strength": 22.211834, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 92.889238, "energy": 94.676777, "activity_lines": [ 10.515587, 10.141114, 9.529371, 9.179372 ] }, { "date": "2024-07-19", "close": 11.304092, "volume": 326746, "typical_volume": 250725.85, "trend": 8.899169, "fair_value": 7.565324, "relative_strength": 26.081097, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 90.499646, "energy": 93.947089, "activity_lines": [ 10.852583, 10.412674, 9.742623, 9.341439 ] }, { "date": "2024-07-26", "close": 11.124146, "volume": 314346, "typical_volume": 235384.05, "trend": 8.995607, "fair_value": 7.584365, "relative_strength": 22.304177, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 75.374752, "energy": 88.955727, "activity_lines": [ 11.023809, 10.607496, 9.924014, 9.484986 ] }, { "date": "2024-08-02", "close": 10.886375, "volume": 382767, "typical_volume": 235878.8, "trend": 9.078923, "fair_value": 7.60316, "relative_strength": 24.326659, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.300061, "energy": 78.638427, "activity_lines": [ 11.033982, 10.720717, 10.068309, 9.606971 ] }, { "date": "2024-08-09", "close": 11.293978, "volume": 258470, "typical_volume": 227762.55, "trend": 9.177904, "fair_value": 7.622181, "relative_strength": 28.337102, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 75.522216, "energy": 69.702963, "activity_lines": [ 11.135891, 10.877273, 10.237521, 9.749878 ] }, { "date": "2024-08-16", "close": 11.31096, "volume": 153667, "typical_volume": 227398.6, "trend": 9.282128, "fair_value": 7.643017, "relative_strength": 23.933185, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 72.598257, "energy": 67.150254, "activity_lines": [ 11.196148, 11.004978, 10.394221, 9.887495 ] }, { "date": "2024-08-23", "close": 11.20906, "volume": 138174, "typical_volume": 221092.55, "trend": 9.385553, "fair_value": 7.663284, "relative_strength": 18.391899, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.329298, "energy": 63.409412, "activity_lines": [ 11.204531, 11.090533, 10.526928, 10.011813 ] }, { "date": "2024-08-30", "close": 11.293978, "volume": 190672, "typical_volume": 219540.3, "trend": 9.488692, "fair_value": 7.682049, "relative_strength": 17.277867, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.278497, "energy": 63.999181, "activity_lines": [ 11.247556, 11.164404, 10.653997, 10.134937 ] }, { "date": "2024-09-06", "close": 11.192077, "volume": 138923, "typical_volume": 213819.85, "trend": 9.580119, "fair_value": 7.702208, "relative_strength": 17.915841, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.74625, "energy": 60.067368, "activity_lines": [ 11.245292, 11.194352, 10.757621, 10.244833 ] }, { "date": "2024-09-13", "close": 11.990298, "volume": 412304, "typical_volume": 220794.55, "trend": 9.706055, "fair_value": 7.728165, "relative_strength": 21.398407, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 85.7919, "energy": 68.945138, "activity_lines": [ 11.488721, 11.351837, 10.923777, 10.400328 ] }, { "date": "2024-09-20", "close": 12.075214, "volume": 270577, "typical_volume": 227206.0, "trend": 9.832639, "fair_value": 7.755775, "relative_strength": 19.224688, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 82.069781, "energy": 69.732469, "activity_lines": [ 11.714034, 11.499198, 11.081042, 10.553177 ] }, { "date": "2024-09-27", "close": 12.686618, "volume": 380010, "typical_volume": 239673.35, "trend": 9.981785, "fair_value": 7.788072, "relative_strength": 22.157909, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 89.201416, "energy": 85.812918, "activity_lines": [ 12.092198, 11.738943, 11.28079, 10.737305 ] }, { "date": "2024-10-04", "close": 12.856452, "volume": 438115, "typical_volume": 252207.35, "trend": 10.140682, "fair_value": 7.823589, "relative_strength": 26.181067, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 85.290643, "energy": 91.833401, "activity_lines": [ 12.42847, 11.984431, 11.4786, 10.922767 ] }, { "date": "2024-10-11", "close": 12.752226, "volume": 693798, "typical_volume": 278299.8, "trend": 10.300195, "fair_value": 7.859376, "relative_strength": 23.915, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 73.949295, "energy": 88.563979, "activity_lines": [ 12.625835, 12.179472, 11.648186, 11.091254 ] }, { "date": "2024-10-18", "close": 13.138657, "volume": 318992, "typical_volume": 285884.9, "trend": 10.460592, "fair_value": 7.897129, "relative_strength": 24.825883, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 82.33186, "energy": 91.436837, "activity_lines": [ 12.848, 12.410848, 11.837629, 11.27438 ] }, { "date": "2024-10-25", "close": 12.980571, "volume": 1372697, "typical_volume": 342566.55, "trend": 10.616265, "fair_value": 7.932845, "relative_strength": 23.811376, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 71.03662, "energy": 78.743592, "activity_lines": [ 12.940912, 12.579942, 11.994867, 11.43696 ] }, { "date": "2024-11-01", "close": 13.489958, "volume": 613530, "typical_volume": 363697.5, "trend": 10.788372, "fair_value": 7.970547, "relative_strength": 27.464993, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 83.374357, "energy": 72.448159, "activity_lines": [ 13.143263, 12.811295, 12.186481, 11.622359 ] }, { "date": "2024-11-08", "close": 13.331873, "volume": 369697, "typical_volume": 371194.6, "trend": 10.952482, "fair_value": 8.005786, "relative_strength": 28.36409, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 73.4774, "energy": 69.044138, "activity_lines": [ 13.239363, 12.972435, 12.345074, 11.786456 ] }, { "date": "2024-11-15", "close": 13.331873, "volume": 457047, "typical_volume": 384474.55, "trend": 11.118229, "fair_value": 8.044351, "relative_strength": 26.589017, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 69.650932, "energy": 66.480602, "activity_lines": [ 13.303769, 13.096522, 12.487312, 11.939965 ] }, { "date": "2024-11-22", "close": 13.437262, "volume": 390747, "typical_volume": 393135.55, "trend": 11.285308, "fair_value": 8.084444, "relative_strength": 26.47399, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 71.1536, "energy": 66.366358, "activity_lines": [ 13.364661, 13.200865, 12.624789, 12.08958 ] }, { "date": "2024-11-29", "close": 13.314306, "volume": 312571, "typical_volume": 396692.5, "trend": 11.436837, "fair_value": 8.125113, "relative_strength": 24.612452, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.293361, "energy": 60.380261, "activity_lines": [ 13.36466, 13.256544, 12.73697, 12.220483 ] }, { "date": "2024-12-06", "close": 13.367002, "volume": 261609, "typical_volume": 393435.65, "trend": 11.586305, "fair_value": 8.166717, "relative_strength": 19.871773, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.129402, "energy": 55.232766, "activity_lines": [ 13.359976, 13.299276, 12.843352, 12.34501 ] }, { "date": "2024-12-13", "close": 13.876389, "volume": 407578, "typical_volume": 398097.25, "trend": 11.74839, "fair_value": 8.212182, "relative_strength": 26.777014, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 77.57656, "energy": 60.587071, "activity_lines": [ 13.533285, 13.422252, 12.988423, 12.492758 ] }, { "date": "2024-12-20", "close": 14.192559, "volume": 474620, "typical_volume": 402689.9, "trend": 11.915016, "fair_value": 8.257458, "relative_strength": 31.696172, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 79.689639, "energy": 62.674346, "activity_lines": [ 13.775682, 13.58417, 13.150499, 12.650446 ] }, { "date": "2024-12-27", "close": 14.561425, "volume": 461125, "typical_volume": 412822.65, "trend": 12.082487, "fair_value": 8.305866, "relative_strength": 33.145061, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 83.072321, "energy": 68.904585, "activity_lines": [ 14.083656, 13.786966, 13.331962, 12.821182 ] }, { "date": "2025-01-03", "close": 14.789771, "volume": 492799, "typical_volume": 429779.25, "trend": 12.241755, "fair_value": 8.355055, "relative_strength": 32.645418, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 81.133831, "energy": 85.156616, "activity_lines": [ 14.392801, 14.005412, 13.519613, 12.995845 ] }, { "date": "2025-01-10", "close": 14.684381, "volume": 593804, "typical_volume": 452560.75, "trend": 12.407325, "fair_value": 8.403057, "relative_strength": 29.804523, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 72.757616, "energy": 82.304396, "activity_lines": [ 14.568451, 14.171801, 13.68066, 13.153434 ] }, { "date": "2025-01-17", "close": 14.245255, "volume": 970736, "typical_volume": 491563.95, "trend": 12.55226, "fair_value": 8.444492, "relative_strength": 22.963095, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.50416, "energy": 59.636486, "activity_lines": [ 14.509901, 14.236632, 13.783338, 13.27201 ] }, { "date": "2025-01-24", "close": 14.333079, "volume": 1262806, "typical_volume": 547758.1, "trend": 12.689216, "fair_value": 8.489475, "relative_strength": 22.117849, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.672006, "energy": 51.606161, "activity_lines": [ 14.456035, 14.300824, 13.880325, 13.386902 ] }, { "date": "2025-01-31", "close": 14.807337, "volume": 725480, "typical_volume": 563416.9, "trend": 12.829984, "fair_value": 8.537327, "relative_strength": 21.308002, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.435005, "energy": 50.652605, "activity_lines": [ 14.550887, 14.433041, 14.007523, 13.523555 ] }, { "date": "2025-02-07", "close": 14.29795, "volume": 741705, "typical_volume": 586973.3, "trend": 12.938504, "fair_value": 8.580124, "relative_strength": 13.576539, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 55.730304, "energy": 39.363232, "activity_lines": [ 14.459548, 14.447732, 14.072794, 13.618262 ] }, { "date": "2025-02-14", "close": 13.964213, "volume": 759316, "typical_volume": 605938.6, "trend": 13.027175, "fair_value": 8.621207, "relative_strength": 8.120665, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 41.918469, "energy": 29.4918, "activity_lines": [ 14.289753, 14.383859, 14.095695, 13.684437 ] }, { "date": "2025-02-21", "close": 13.893953, "volume": 744879, "typical_volume": 621276.8, "trend": 13.119502, "fair_value": 8.659197, "relative_strength": 7.08182, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 36.325585, "energy": 22.048995, "activity_lines": [ 14.144548, 14.296353, 14.105821, 13.740358 ] }, { "date": "2025-02-28", "close": 13.367002, "volume": 1003380, "typical_volume": 636755.9, "trend": 13.202189, "fair_value": 8.693894, "relative_strength": -0.385324, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 13.827906, "energy": 15.833476, "activity_lines": [ 13.847113, 14.112718, 14.060821, 13.756326 ] }, { "date": "2025-03-07", "close": 13.367002, "volume": 1262788, "typical_volume": 683945.7, "trend": 13.27129, "fair_value": 8.730552, "relative_strength": -0.134179, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 1.390073, "energy": 16.11377, "activity_lines": [ 13.614084, 13.944094, 14.012894, 13.766959 ] }, { "date": "2025-03-14", "close": 12.663663, "volume": 2579626, "typical_volume": 744292.15, "trend": 13.31638, "fair_value": 8.761082, "relative_strength": -3.962429, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -34.218424, "energy": 34.481157, "activity_lines": [ 13.24263, 13.669306, 13.896894, 13.727757 ] }, { "date": "2025-03-21", "close": 12.719368, "volume": 778665, "typical_volume": 752548.9, "trend": 13.366724, "fair_value": 8.791457, "relative_strength": -6.373401, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -32.10467, "energy": 48.076466, "activity_lines": [ 12.998697, 13.443303, 13.787709, 13.68924 ] }, { "date": "2025-03-28", "close": 12.81221, "volume": 517183, "typical_volume": 759923.2, "trend": 13.417331, "fair_value": 8.823365, "relative_strength": -5.77811, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -27.772962, "energy": 54.36029, "activity_lines": [ 12.868701, 13.269908, 13.691036, 13.653465 ] }, { "date": "2025-04-04", "close": 12.645094, "volume": 606330, "typical_volume": 767387.35, "trend": 13.465765, "fair_value": 8.855311, "relative_strength": -0.840871, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -40.784318, "energy": 60.047924, "activity_lines": [ 12.755116, 13.092184, 13.580921, 13.603644 ] }, { "date": "2025-04-11", "close": 12.775073, "volume": 1053734, "typical_volume": 800536.7, "trend": 13.491925, "fair_value": 8.889795, "relative_strength": 0.809667, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -32.613027, "energy": 37.772261, "activity_lines": [ 12.732985, 12.968783, 13.486455, 13.559083 ] }, { "date": "2025-04-18", "close": 13.443536, "volume": 402645, "typical_volume": 805040.4, "trend": 13.537535, "fair_value": 8.929587, "relative_strength": 0.404853, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -27.256894, "energy": 23.400706, "activity_lines": [ 12.973136, 13.003871, 13.458806, 13.555961 ] }, { "date": "2025-04-25", "close": 13.963452, "volume": 529444, "typical_volume": 818432.15, "trend": 13.580096, "fair_value": 8.973394, "relative_strength": 0.332841, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": 2.344128, "energy": 6.058382, "activity_lines": [ 13.334601, 13.149024, 13.480057, 13.583439 ] }, { "date": "2025-05-02", "close": 14.427663, "volume": 742204, "typical_volume": 835163.45, "trend": 13.63247, "fair_value": 9.021796, "relative_strength": 2.46235, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": 22.38163, "energy": 23.358768, "activity_lines": [ 13.767865, 13.378592, 13.542679, 13.638121 ] }, { "date": "2025-05-09", "close": 14.167705, "volume": 1175847, "typical_volume": 870224.8, "trend": 13.679653, "fair_value": 9.068362, "relative_strength": -0.628911, "stage": 3, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 9.739068, "energy": 24.7488, "activity_lines": [ 14.006779, 13.551192, 13.577918, 13.672652 ] }, { "date": "2025-05-16", "close": 13.547569, "volume": 981495, "typical_volume": 896243.3, "trend": 13.693283, "fair_value": 9.108992, "relative_strength": -8.706407, "stage": 3, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 12.713326, "energy": 22.808346, "activity_lines": [ 13.937473, 13.596482, 13.554214, 13.664131 ] }, { "date": "2025-05-23", "close": 13.452165, "volume": 696394, "typical_volume": 906423.05, "trend": 13.709003, "fair_value": 9.145044, "relative_strength": -9.827775, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 5.955436, "energy": 13.746361, "activity_lines": [ 13.784866, 13.621142, 13.526252, 13.648575 ] }, { "date": "2025-05-30", "close": 13.490326, "volume": 761238, "typical_volume": 914794.75, "trend": 13.709015, "fair_value": 9.179623, "relative_strength": -10.060603, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -16.551491, "energy": 8.171456, "activity_lines": [ 13.644405, 13.638404, 13.508294, 13.634467 ] }, { "date": "2025-06-06", "close": 13.547569, "volume": 553953, "typical_volume": 893955.6, "trend": 13.716205, "fair_value": 9.214297, "relative_strength": -10.402454, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -29.551066, "energy": 16.422699, "activity_lines": [ 13.554566, 13.652057, 13.501474, 13.624051 ] }, { "date": "2025-06-13", "close": 12.994218, "volume": 343368, "typical_volume": 847983.7, "trend": 13.70495, "fair_value": 9.246058, "relative_strength": -12.059988, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -47.070794, "energy": 27.377983, "activity_lines": [ 13.33895, 13.55173, 13.445276, 13.577471 ] }, { "date": "2025-06-20", "close": 15.722813, "volume": 3094519, "typical_volume": 966435.65, "trend": 13.781135, "fair_value": 9.29332, "relative_strength": 6.410718, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 31.071623, "energy": 27.794224, "activity_lines": [ 14.111097, 13.941164, 13.65532, 13.707656 ] }, { "date": "2025-06-27", "close": 15.875461, "volume": 1818216, "typical_volume": 1020261.2, "trend": 13.866507, "fair_value": 9.34147, "relative_strength": 6.143933, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 45.921218, "energy": 58.258244, "activity_lines": [ 14.789112, 14.304756, 13.875542, 13.842774 ] }, { "date": "2025-07-04", "close": 15.264867, "volume": 1874004, "typical_volume": 1075995.6, "trend": 13.929769, "fair_value": 9.388329, "relative_strength": 1.790388, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 60.762941, "energy": 68.902144, "activity_lines": [ 15.102042, 14.513115, 14.030101, 13.93299 ] }, { "date": "2025-07-11", "close": 16.505136, "volume": 1067576, "typical_volume": 1092130.45, "trend": 14.017394, "fair_value": 9.442414, "relative_strength": 9.390943, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 81.050543, "energy": 85.863799, "activity_lines": [ 15.710092, 14.923315, 14.296587, 14.099143 ] }, { "date": "2025-07-18", "close": 16.829515, "volume": 998401, "typical_volume": 1091881.5, "trend": 14.105292, "fair_value": 9.497258, "relative_strength": 11.337061, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 79.257522, "energy": 88.011541, "activity_lines": [ 16.229097, 15.354721, 14.581531, 14.28057 ] }, { "date": "2025-07-25", "close": 16.104433, "volume": 947328, "typical_volume": 1076108.5, "trend": 14.156726, "fair_value": 9.550225, "relative_strength": 4.431457, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.952712, "energy": 79.346566, "activity_lines": [ 16.250722, 15.605897, 14.780933, 14.409547 ] }, { "date": "2025-08-01", "close": 16.428812, "volume": 608809, "typical_volume": 977567.65, "trend": 14.211361, "fair_value": 9.604889, "relative_strength": 7.097179, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.702411, "energy": 78.194469, "activity_lines": [ 16.355032, 15.869563, 14.998192, 14.556133 ] }, { "date": "2025-08-08", "close": 17.096651, "volume": 580430, "typical_volume": 967655.9, "trend": 14.29177, "fair_value": 9.664504, "relative_strength": 6.029748, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 75.504372, "energy": 69.004793, "activity_lines": [ 16.645065, 16.200533, 15.261125, 14.742281 ] }, { "date": "2025-08-15", "close": 17.001245, "volume": 437390, "typical_volume": 963666.25, "trend": 14.383636, "fair_value": 9.723984, "relative_strength": 2.172177, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 70.091183, "energy": 59.416981, "activity_lines": [ 16.781176, 16.448587, 15.494128, 14.917086 ] }, { "date": "2025-08-22", "close": 16.867678, "volume": 499234, "typical_volume": 958311.45, "trend": 14.468123, "fair_value": 9.782799, "relative_strength": 0.401861, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.1827, "energy": 56.230267, "activity_lines": [ 16.839692, 16.609562, 15.694463, 15.077347 ] }, { "date": "2025-08-29", "close": 16.257084, "volume": 492699, "typical_volume": 930259.7, "trend": 14.516448, "fair_value": 9.837223, "relative_strength": -0.417697, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 61.264108, "energy": 49.778891, "activity_lines": [ 16.692132, 16.589094, 15.816538, 15.192764 ] }, { "date": "2025-09-05", "close": 16.104433, "volume": 849824, "typical_volume": 952618.65, "trend": 14.576664, "fair_value": 9.89019, "relative_strength": -0.932957, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 48.056747, "energy": 36.452104, "activity_lines": [ 16.483512, 16.531156, 15.907494, 15.295214 ] }, { "date": "2025-09-12", "close": 16.734112, "volume": 633861, "typical_volume": 957839.5, "trend": 14.668994, "fair_value": 9.949105, "relative_strength": -0.229496, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 49.458922, "energy": 33.392982, "activity_lines": [ 16.50641, 16.583543, 16.045749, 15.434404 ] }, { "date": "2025-09-19", "close": 16.581461, "volume": 1023997, "typical_volume": 971929.15, "trend": 14.758577, "fair_value": 10.009191, "relative_strength": -0.934768, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 44.599857, "energy": 31.814619, "activity_lines": [ 16.502593, 16.581462, 16.156271, 15.557789 ] }, { "date": "2025-09-26", "close": 16.466976, "volume": 794672, "typical_volume": 952870.4, "trend": 14.86191, "fair_value": 10.070168, "relative_strength": -2.215394, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 42.537473, "energy": 30.480713, "activity_lines": [ 16.488601, 16.557177, 16.245634, 15.668009 ] }, { "date": "2025-10-03", "close": 16.466976, "volume": 629978, "typical_volume": 935294.55, "trend": 14.965242, "fair_value": 10.13191, "relative_strength": -3.610054, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 41.164601, "energy": 30.92824, "activity_lines": [ 16.501322, 16.539484, 16.324049, 15.771561 ] }, { "date": "2025-10-10", "close": 16.257084, "volume": 801495, "typical_volume": 940549.6, "trend": 15.085023, "fair_value": 10.198996, "relative_strength": -4.107592, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 38.224978, "energy": 25.973891, "activity_lines": [ 16.430086, 16.477036, 16.368571, 15.854906 ] }, { "date": "2025-10-17", "close": 16.142597, "volume": 415352, "typical_volume": 923255.3, "trend": 15.19913, "fair_value": 10.266112, "relative_strength": -5.432044, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 34.121722, "energy": 19.92073, "activity_lines": [ 16.310511, 16.396896, 16.388834, 15.923137 ] }, { "date": "2025-10-24", "close": 16.314327, "volume": 1483046, "typical_volume": 969709.95, "trend": 15.315868, "fair_value": 10.332083, "relative_strength": -5.878697, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 21.611801, "energy": 13.868221, "activity_lines": [ 16.287614, 16.365325, 16.412821, 15.995085 ] }, { "date": "2025-10-31", "close": 16.466976, "volume": 789846, "typical_volume": 992033.85, "trend": 15.443264, "fair_value": 10.400562, "relative_strength": -5.82632, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 23.292163, "energy": 13.644337, "activity_lines": [ 16.333408, 16.373999, 16.438172, 16.06935 ] }, { "date": "2025-11-07", "close": 16.085354, "volume": 615528, "typical_volume": 868084.3, "trend": 15.553606, "fair_value": 10.466213, "relative_strength": -7.016081, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 17.580445, "energy": 10.428466, "activity_lines": [ 16.251996, 16.320572, 16.410641, 16.110775 ] }, { "date": "2025-11-14", "close": 16.295246, "volume": 409713, "typical_volume": 797659.15, "trend": 15.648663, "fair_value": 10.530963, "relative_strength": -8.122553, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 18.804489, "energy": 10.997609, "activity_lines": [ 16.265988, 16.308429, 16.401373, 16.158623 ] }, { "date": "2025-11-21", "close": 16.638706, "volume": 594330, "typical_volume": 733675.45, "trend": 15.737839, "fair_value": 10.598058, "relative_strength": -2.90499, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 39.16996, "energy": 20.090719, "activity_lines": [ 16.391924, 16.355265, 16.422816, 16.222496 ] }, { "date": "2025-11-28", "close": 17.535515, "volume": 672245, "typical_volume": 713908.9, "trend": 15.841434, "fair_value": 10.669372, "relative_strength": -0.97981, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 70.94153, "energy": 46.05598, "activity_lines": [ 16.783721, 16.566891, 16.523128, 16.338476 ] }, { "date": "2025-12-05", "close": 17.535515, "volume": 496951, "typical_volume": 688836.4, "trend": 15.953694, "fair_value": 10.740592, "relative_strength": -2.762413, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 71.233135, "energy": 65.906877, "activity_lines": [ 17.094107, 16.761171, 16.618534, 16.447771 ] }, { "date": "2025-12-12", "close": 17.363787, "volume": 362343, "typical_volume": 659587.15, "trend": 16.080901, "fair_value": 10.812, "relative_strength": -4.406333, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 62.186572, "energy": 68.506852, "activity_lines": [ 17.276013, 16.9048, 16.694222, 16.538745 ] }, { "date": "2025-12-19", "close": 17.363787, "volume": 610381, "typical_volume": 659665.75, "trend": 16.211289, "fair_value": 10.883743, "relative_strength": -5.78178, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 61.02363, "energy": 69.013717, "activity_lines": [ 17.372691, 17.032123, 16.763914, 16.621512 ] }, { "date": "2025-12-26", "close": 17.688166, "volume": 208191, "typical_volume": 641053.8, "trend": 16.351217, "fair_value": 10.958044, "relative_strength": -3.637165, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 69.300318, "energy": 69.733252, "activity_lines": [ 17.506259, 17.198302, 16.860046, 16.716794 ] }, { "date": "2026-01-02", "close": 18.012543, "volume": 426892, "typical_volume": 640528.9, "trend": 16.500049, "fair_value": 11.030648, "relative_strength": -3.245268, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 74.995138, "energy": 68.992439, "activity_lines": [ 17.677989, 17.395357, 16.984255, 16.823976 ] }, { "date": "2026-01-09", "close": 18.489569, "volume": 479501, "typical_volume": 639542.25, "trend": 16.683228, "fair_value": 11.105307, "relative_strength": -1.197794, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 82.725274, "energy": 80.65266, "activity_lines": [ 17.976925, 17.648268, 17.149079, 16.952333 ] }, { "date": "2026-01-16", "close": 18.527733, "volume": 374684, "typical_volume": 633641.5, "trend": 16.776725, "fair_value": 11.180259, "relative_strength": -1.071971, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 77.22497, "energy": 83.04821, "activity_lines": [ 18.224979, 17.871343, 17.309814, 17.071333 ] }, { "date": "2026-01-23", "close": 18.298759, "volume": 447151, "typical_volume": 613507.85, "trend": 16.857501, "fair_value": 11.253361, "relative_strength": -1.091828, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 64.7346, "energy": 77.240944, "activity_lines": [ 18.319112, 18.00838, 17.43793, 17.169529 ] }, { "date": "2026-01-30", "close": 19.176489, "volume": 1430948, "typical_volume": 653362.2, "trend": 16.987889, "fair_value": 11.330034, "relative_strength": 1.933615, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 82.459938, "energy": 83.471315, "activity_lines": [ 18.643491, 18.268577, 17.63919, 17.319141 ] }, { "date": "2026-02-06", "close": 18.699463, "volume": 3052134, "typical_volume": 754769.05, "trend": 17.061033, "fair_value": 11.404223, "relative_strength": -0.794186, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.599027, "energy": 58.532778, "activity_lines": [ 18.709639, 18.3959, 17.783389, 17.429565 ] }, { "date": "2026-02-13", "close": 19.280001, "volume": 1225866, "typical_volume": 776328.75, "trend": 17.142716, "fair_value": 11.481273, "relative_strength": 3.828675, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 73.666794, "energy": 59.545475, "activity_lines": [ 18.923505, 18.607612, 17.972791, 17.572724 ] }, { "date": "2026-02-20", "close": 19.1, "volume": 746144, "typical_volume": 782137.05, "trend": 17.242568, "fair_value": 11.558412, "relative_strength": -0.004465, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.796543, "energy": 57.120356, "activity_lines": [ 19.024675, 18.75488, 18.131655, 17.699 ] }, { "date": "2026-02-27", "close": 19.059999, "volume": 1403783, "typical_volume": 812251.45, "trend": 17.330274, "fair_value": 11.635534, "relative_strength": -1.230079, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 60.823238, "energy": 52.228673, "activity_lines": [ 19.074361, 18.863307, 18.274171, 17.816254 ] }, { "date": "2026-03-06", "close": 18.18, "volume": 1300577, "typical_volume": 856512.7, "trend": 17.366386, "fair_value": 11.707444, "relative_strength": 1.203009, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 47.791103, "energy": 38.377566, "activity_lines": [ 18.779964, 18.780893, 18.31953, 17.871075 ] }, { "date": "2026-03-13", "close": 17.34, "volume": 1925027, "typical_volume": 878611.75, "trend": 17.377678, "fair_value": 11.775307, "relative_strength": -3.462974, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 20.318133, "energy": 15.218913, "activity_lines": [ 18.272, 18.536811, 18.275187, 17.869373 ] }, { "date": "2026-03-20", "close": 16.52, "volume": 1899691, "typical_volume": 934104.0, "trend": 17.366089, "fair_value": 11.840304, "relative_strength": -6.189156, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -4.69876, "energy": 21.795879, "activity_lines": [ 17.581333, 18.155865, 18.147865, 17.814039 ] }, { "date": "2026-03-27", "close": 16.1, "volume": 1234820, "typical_volume": 965068.6, "trend": 17.360852, "fair_value": 11.900218, "relative_strength": -9.04832, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -39.621044, "energy": 44.295288, "activity_lines": [ 16.934667, 17.734366, 17.980291, 17.732356 ] }, { "date": "2026-04-03", "close": 16.08176, "volume": 1172559, "typical_volume": 1003210.9, "trend": 17.360097, "fair_value": 11.95973, "relative_strength": -12.887993, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -36.478978, "energy": 56.795204, "activity_lines": [ 16.48192, 17.353691, 17.81091, 17.649833 ] }, { "date": "2026-04-10", "close": 16.179344, "volume": 1327888, "typical_volume": 1039888.8, "trend": 17.341604, "fair_value": 12.019866, "relative_strength": -15.24687, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -30.829708, "energy": 61.555088, "activity_lines": [ 16.260251, 17.031068, 17.651839, 17.573656 ] }, { "date": "2026-04-17", "close": 16.725811, "volume": 2335296, "typical_volume": 1123041.35, "trend": 17.346416, "fair_value": 12.083315, "relative_strength": -13.496947, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -27.2647, "energy": 54.422494, "activity_lines": [ 16.354114, 16.862296, 17.547, 17.533927 ] }, { "date": "2026-04-24", "close": 16.692879, "volume": 1265237, "typical_volume": 1161455.65, "trend": 17.353946, "fair_value": 12.146505, "relative_strength": -9.627069, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -32.587714, "energy": 34.850676, "activity_lines": [ 16.477946, 16.723421, 17.44288, 17.491764 ] }, { "date": "2026-05-01", "close": 16.205921, "volume": 900639, "typical_volume": 1188370.45, "trend": 17.345244, "fair_value": 12.206908, "relative_strength": -12.445495, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -36.81375, "energy": 33.394554, "activity_lines": [ 16.427933, 16.543047, 17.296396, 17.417697 ] }, { "date": "2026-05-08", "close": 16.507837, "volume": 1282325, "typical_volume": 1221967.65, "trend": 17.353603, "fair_value": 12.269723, "relative_strength": -11.153713, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -19.180798, "energy": 23.284888, "activity_lines": [ 16.471498, 16.470186, 17.184179, 17.363671 ] }, { "date": "2026-05-15", "close": 15.904009, "volume": 1292937, "typical_volume": 1276204.95, "trend": 17.34565, "fair_value": 12.328669, "relative_strength": -13.010257, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.60014, "energy": 43.670475, "activity_lines": [ 16.285382, 16.333941, 17.018531, 17.270149 ] }, { "date": "2026-05-22", "close": 15.582618, "volume": 1592651, "typical_volume": 1334492.9, "trend": 17.32126, "fair_value": 12.385888, "relative_strength": -16.351049, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -69.389758, "energy": 58.800154, "activity_lines": [ 16.010491, 16.180643, 16.83077, 17.156405 ] }, { "date": "2026-05-29", "close": 15.524182, "volume": 2586089, "typical_volume": 1439822.3, "trend": 17.289833, "fair_value": 12.442399, "relative_strength": -18.214652, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -68.275206, "energy": 65.767448, "activity_lines": [ 15.792334, 16.048673, 16.649015, 17.040465 ] }, { "date": "2026-06-05", "close": 14.85, "volume": 293444, "typical_volume": 1435760.3, "trend": 17.248655, "fair_value": 12.495495, "relative_strength": -21.483138, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -79.669047, "energy": 80.655678, "activity_lines": [ 15.427362, 15.81223, 16.417173, 16.883056 ] }, { "date": "2026-06-12", "close": 15.34, "volume": 746865, "typical_volume": 1450746.0, "trend": 17.216813, "fair_value": 12.551398, "relative_strength": -20.532739, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.444147, "energy": 74.310454, "activity_lines": [ 15.316119, 15.687606, 16.249511, 16.759917 ] }, { "date": "2026-06-19", "close": 16.17, "volume": 217463, "typical_volume": 1390071.75, "trend": 17.20119, "fair_value": 12.612335, "relative_strength": -18.299878, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.663807, "energy": 54.232234, "activity_lines": [ 15.559399, 15.727376, 16.174986, 16.692381 ] }, { "date": "2026-06-26", "close": 16.459999, "volume": 341668, "typical_volume": 1254548.45, "trend": 17.165339, "fair_value": 12.673745, "relative_strength": -16.715473, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -45.708114, "energy": 35.048433, "activity_lines": [ 15.881612, 15.820044, 16.142396, 16.644562 ] }, { "date": "2026-07-03", "close": 17.549999, "volume": 308266, "typical_volume": 1208668.45, "trend": 17.165822, "fair_value": 12.74372, "relative_strength": -12.767022, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -5.013874, "energy": 17.470617, "activity_lines": [ 16.508666, 16.115727, 16.22428, 16.669379 ] }, { "date": "2026-07-10", "close": 16.49, "volume": 1437012, "typical_volume": 1243211.85, "trend": 17.136696, "fair_value": 12.805943, "relative_strength": -15.533282, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -20.181546, "energy": 25.859592, "activity_lines": [ 16.647333, 16.203099, 16.21345, 16.625777 ] }, { "date": "2026-07-17", "close": 16.08, "volume": 1256518, "typical_volume": 1235848.6, "trend": 17.093903, "fair_value": 12.864105, "relative_strength": -16.328991, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -15.106068, "energy": 21.245009, "activity_lines": [ 16.54, 16.21076, 16.176, 16.557603 ] }, { "date": "2026-07-24", "close": 15.86, "volume": 1377486, "typical_volume": 1239694.05, "trend": 17.032964, "fair_value": 12.923103, "relative_strength": -18.522988, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -25.817789, "energy": 18.479779, "activity_lines": [ 16.31, 16.186199, 16.131789, 16.477997 ] }, { "date": "2026-07-31", "close": 15.85, "volume": 1953211, "typical_volume": 1241103.25, "trend": 16.960879, "fair_value": 12.981702, "relative_strength": -18.81901, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -42.242877, "energy": 24.506239, "activity_lines": [ 16.097333, 16.160621, 16.097673, 16.401676 ] }, { "date": "2026-08-07", "close": 15.56, "volume": 1398654, "typical_volume": 1216051.4, "trend": 16.863227, "fair_value": 13.038585, "relative_strength": -21.271037, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -48.583837, "energy": 34.138493, "activity_lines": [ 15.828667, 16.077454, 16.043033, 16.311297 ] } ], "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." } } }