{ "ticker": { "uuid": "404a7db4-9120-4999-8380-8ec83f7661b3", "symbol": "MANA11", "name": "Manati Capital Hedge Fund Fundo De Investimento Imobiliario", "exchange": "SAO", "country": "BR", "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": "^BVSP", "stage": 3, "stage_name": "Distribution", "phase": "3b", "phase_label": "Stage 3B \u00b7 Distribution", "transition": "stage_3_churning", "transition_label": "Stage 3 range intact", "confidence": 61.048, "architecture_regime": "deceleration", "architecture_regime_label": "Deceleration", "architecture_modifier": "Recompressing", "architecture_gate": "up", "architecture_direction": 12.76, "architecture_energy": 10.718, "architecture_maturity": 33.994, "architecture_confidence": 83.16, "architecture_tenure": "Developing", "architecture": { "interpretation": { "headline": "The upward structure remains, but its energy is decelerating.", "body": "Trend remains positive, but Activity or price acceptance is losing strength. This can become a healthy recompression, a re-acceleration, or a Rotation Down." }, "scores": { "balance": 57.8, "rotation_up": 24.95, "upward_expansion": 41.83, "deceleration": 76.75, "rotation_down": 32.45, "downward_expansion": 33.5 }, "activity_lines": [ 9.061359, 9.076331, 9.083539, 9.07636 ], "activity_state": "Compressed", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": -0.333333 }, "latest_close": 9.09, "trend_reference": 9.050844, "distance_from_trend": 0.004326, "trend_direction": "Improving", "fair_value": 7.614136, "distance_from_fair_value": 0.193832, "fair_value_direction": "Weakening", "relative_strength": 0.602773, "relative_strength_direction": "Improving", "price_momentum": 0.013736, "excess_performance": 0.070785, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.004326, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.024301, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.193832, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.044536, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.006028, "read": "Leading" }, { "label": "Relative strength direction", "positive": true, "value": 0.07616, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.013736, "read": "Positive" }, { "label": "Volume balance", "positive": false, "value": 0.601887, "read": "Supply-led" } ], "volume": { "latest": 821702, "relative_activity": 1.281155, "balance": 0.601887, "dry_up": 1.419108, "accumulation_observations": 3, "distribution_observations": 5 }, "risk": { "range_context": 0.013357, "annualized_volatility": 0.051487, "from_high_reference": -0.018479, "from_low_reference": 0.177894 }, "levels": { "trend_reference": 9.050844, "fair_value_reference": 7.614136, "structural_low": 8.852126, "invalidation": "A decisive breakout above range resistance with renewed RS leadership invalidates the distribution reading; a range-low break confirms deterioration." }, "outcomes": [ { "horizon": "Near term", "sample_count": 5, "median_return": -0.017984, "positive_rate": 0.2, "directional_follow_through": 0.2, "median_excess_return": -0.022294, "regime_survival": 0.8, "best_return": 0.017506, "worst_return": -0.025415, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 1, "median_return": -0.066684, "positive_rate": 0.0, "directional_follow_through": 0.0, "median_excess_return": -0.089275, "regime_survival": 0.0, "best_return": -0.066684, "worst_return": -0.066684, "sufficient": false }, { "horizon": "Extended", "sample_count": 1, "median_return": -0.115262, "positive_rate": 0.0, "directional_follow_through": 0.0, "median_excess_return": -0.073997, "regime_survival": 0.0, "best_return": -0.115262, "worst_return": -0.115262, "sufficient": false }, { "horizon": "Full cycle", "sample_count": 1, "median_return": 0.047645, "positive_rate": 1.0, "directional_follow_through": 1.0, "median_excess_return": 0.002463, "regime_survival": 0.0, "best_return": 0.047645, "worst_return": 0.047645, "sufficient": false } ], "ledger": [ { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-03-08", "end": "2024-07-12", "tenure": "Established", "return": 0.064384, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-07-19", "end": "2024-09-13", "tenure": "Developing", "return": -0.037953, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2024-09-20", "end": "2024-10-18", "tenure": "Developing", "return": -0.022336, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2024-10-25", "end": "2025-03-07", "tenure": "Established", "return": 0.05587, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-03-14", "end": "2025-04-11", "tenure": "Developing", "return": 0.017998, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-04-18", "end": "2026-05-22", "tenure": "Extended", "return": 0.229235, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-05-29", "end": "2026-08-07", "tenure": "Developing", "return": 0.00802, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 6.539607, "volume": 194109, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-08-25", "close": 6.67026, "volume": 86892, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-09-01", "close": 6.694922, "volume": 87553, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-09-08", "close": 6.743586, "volume": 31295, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-09-15", "close": 6.576735, "volume": 90018, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-09-22", "close": 6.472454, "volume": 146156, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-09-29", "close": 6.88263, "volume": 135302, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-10-06", "close": 6.650422, "volume": 54114, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-10-13", "close": 6.734693, "volume": 15568, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-10-20", "close": 6.811942, "volume": 33554, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-10-27", "close": 6.692558, "volume": 123933, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-11-03", "close": 6.83197, "volume": 97638, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-11-10", "close": 6.640418, "volume": 59930, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-11-17", "close": 6.661702, "volume": 69334, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-11-24", "close": 6.661702, "volume": 83995, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-12-01", "close": 6.666337, "volume": 233428, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-12-08", "close": 6.738018, "volume": 90896, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-12-15", "close": 6.680672, "volume": 65113, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-12-22", "close": 6.680672, "volume": 121010, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-12-29", "close": 6.802532, "volume": 190105, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-01-05", "close": 6.809259, "volume": 75422, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-01-12", "close": 6.758496, "volume": 96115, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-01-19", "close": 6.743995, "volume": 108637, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-01-26", "close": 6.831014, "volume": 223487, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-02-02", "close": 6.815415, "volume": 230850, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-02-09", "close": 6.852056, "volume": 100261, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-02-16", "close": 6.925341, "volume": 81778, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-02-23", "close": 7.10855, "volume": 200334, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-03-01", "close": 7.005542, "volume": 206177, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-03-08", "close": 6.924083, "volume": 339517, "typical_volume": 139898.0, "trend": 6.753586, "fair_value": 6.503188, "relative_strength": -3.132974, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 60.576167, "energy": 60.907572, "activity_lines": [ 6.978065, 6.921967, 6.844951, 6.805407 ] }, { "date": "2024-03-15", "close": 6.916679, "volume": 142412, "typical_volume": 140821.95, "trend": 6.766155, "fair_value": 6.508293, "relative_strength": -2.813619, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 57.66487, "energy": 50.501363, "activity_lines": [ 6.962586, 6.929113, 6.856871, 6.815929 ] }, { "date": "2024-03-22", "close": 6.931488, "volume": 301722, "typical_volume": 151026.15, "trend": 6.774863, "fair_value": 6.513454, "relative_strength": -2.541634, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 51.379079, "energy": 30.472462, "activity_lines": [ 6.947736, 6.936999, 6.869134, 6.826595 ] }, { "date": "2024-03-29", "close": 7.020354, "volume": 194594, "typical_volume": 157759.35, "trend": 6.78571, "fair_value": 6.519561, "relative_strength": -1.821653, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 59.583863, "energy": 32.883434, "activity_lines": [ 6.962098, 6.957897, 6.889387, 6.842434 ] }, { "date": "2024-04-05", "close": 7.162158, "volume": 677007, "typical_volume": 188143.0, "trend": 6.799663, "fair_value": 6.527211, "relative_strength": 1.383166, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 70.3463, "energy": 42.760531, "activity_lines": [ 7.029607, 6.999552, 6.921336, 6.86672 ] }, { "date": "2024-04-12", "close": 7.079745, "volume": 179129, "typical_volume": 192899.7, "trend": 6.81643, "fair_value": 6.533711, "relative_strength": 0.946574, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 58.205236, "energy": 42.663958, "activity_lines": [ 7.059205, 7.020203, 6.943053, 6.88479 ] }, { "date": "2024-04-19", "close": 7.057271, "volume": 247047, "typical_volume": 193580.65, "trend": 6.835924, "fair_value": 6.539799, "relative_strength": 1.374505, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 55.787494, "energy": 49.343347, "activity_lines": [ 7.070934, 7.031961, 6.960639, 6.900328 ] }, { "date": "2024-04-26", "close": 6.989845, "volume": 253625, "typical_volume": 201717.1, "trend": 6.839498, "fair_value": 6.544972, "relative_strength": -0.443714, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 53.569625, "energy": 37.425337, "activity_lines": [ 7.050814, 7.027729, 6.969941, 6.910259 ] }, { "date": "2024-05-03", "close": 7.071532, "volume": 102146, "typical_volume": 203568.75, "trend": 6.853535, "fair_value": 6.550956, "relative_strength": -0.644039, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 54.322034, "energy": 31.796667, "activity_lines": [ 7.054033, 7.037177, 6.985825, 6.925229 ] }, { "date": "2024-05-10", "close": 7.10185, "volume": 132015, "typical_volume": 204119.0, "trend": 6.865773, "fair_value": 6.557146, "relative_strength": 0.59497, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 56.234818, "energy": 31.230236, "activity_lines": [ 7.063947, 7.05281, 7.002734, 6.941249 ] }, { "date": "2024-05-17", "close": 7.549032, "volume": 371289, "typical_volume": 213178.2, "trend": 6.890343, "fair_value": 6.568167, "relative_strength": 6.439364, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 85.629191, "energy": 68.341051, "activity_lines": [ 7.226941, 7.147997, 7.060227, 6.98533 ] }, { "date": "2024-05-24", "close": 7.480815, "volume": 194458, "typical_volume": 219130.0, "trend": 6.916618, "fair_value": 6.578196, "relative_strength": 8.576983, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 80.328507, "energy": 82.59661, "activity_lines": [ 7.335911, 7.219419, 7.107667, 7.023425 ] }, { "date": "2024-05-31", "close": 7.541452, "volume": 266094, "typical_volume": 227628.95, "trend": 6.940268, "fair_value": 6.588666, "relative_strength": 11.262247, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 79.507024, "energy": 88.09653, "activity_lines": [ 7.436857, 7.291608, 7.157685, 7.063737 ] }, { "date": "2024-06-07", "close": 7.613176, "volume": 300845, "typical_volume": 237239.35, "trend": 6.972693, "fair_value": 6.599682, "relative_strength": 13.202977, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 79.470026, "energy": 90.674278, "activity_lines": [ 7.524936, 7.365749, 7.210806, 7.107151 ] }, { "date": "2024-06-14", "close": 7.648186, "volume": 350989, "typical_volume": 243614.45, "trend": 7.005576, "fair_value": 6.610837, "relative_strength": 14.3969, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 75.492451, "energy": 87.889779, "activity_lines": [ 7.588577, 7.435476, 7.263122, 7.150731 ] }, { "date": "2024-06-21", "close": 7.663513, "volume": 476971, "typical_volume": 255920.5, "trend": 7.038969, "fair_value": 6.621917, "relative_strength": 12.737109, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 73.809348, "energy": 85.406862, "activity_lines": [ 7.620904, 7.499152, 7.313006, 7.193178 ] }, { "date": "2024-06-28", "close": 7.609869, "volume": 663613, "typical_volume": 284088.1, "trend": 7.07042, "fair_value": 6.632208, "relative_strength": 9.451569, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.624383, "energy": 70.70606, "activity_lines": [ 7.627717, 7.542462, 7.353743, 7.230011 ] }, { "date": "2024-07-05", "close": 7.331176, "volume": 252864, "typical_volume": 292642.4, "trend": 7.090192, "fair_value": 6.639414, "relative_strength": 3.441903, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.529736, "energy": 50.360357, "activity_lines": [ 7.53303, 7.525053, 7.364329, 7.246834 ] }, { "date": "2024-07-12", "close": 7.369883, "volume": 225797, "typical_volume": 293915.55, "trend": 7.113166, "fair_value": 6.646868, "relative_strength": 1.883256, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 45.175026, "energy": 33.018239, "activity_lines": [ 7.465263, 7.508475, 7.376668, 7.264878 ] }, { "date": "2024-07-19", "close": 7.470522, "volume": 187557, "typical_volume": 292984.55, "trend": 7.139494, "fair_value": 6.655188, "relative_strength": 4.224818, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 39.282111, "energy": 23.197458, "activity_lines": [ 7.447261, 7.504771, 7.397348, 7.287933 ] }, { "date": "2024-07-26", "close": 7.439557, "volume": 143766, "typical_volume": 283197.0, "trend": 7.160728, "fair_value": 6.663032, "relative_strength": 3.790805, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 34.021192, "energy": 23.593045, "activity_lines": [ 7.430783, 7.488733, 7.412865, 7.307292 ] }, { "date": "2024-08-02", "close": 7.398933, "volume": 251912, "typical_volume": 288672.0, "trend": 7.180384, "fair_value": 6.670318, "relative_strength": 4.512577, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 31.79857, "energy": 18.509871, "activity_lines": [ 7.415693, 7.4673, 7.422058, 7.32266 ] }, { "date": "2024-08-09", "close": 7.305078, "volume": 291446, "typical_volume": 288158.2, "trend": 7.198604, "fair_value": 6.676541, "relative_strength": -0.529314, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 24.587491, "energy": 14.26653, "activity_lines": [ 7.383381, 7.430291, 7.420016, 7.330705 ] }, { "date": "2024-08-16", "close": 7.344184, "volume": 247050, "typical_volume": 290781.0, "trend": 7.21861, "fair_value": 6.683023, "relative_strength": -2.427479, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 15.207168, "energy": 12.907409, "activity_lines": [ 7.365844, 7.40469, 7.41992, 7.340097 ] }, { "date": "2024-08-23", "close": 7.328542, "volume": 747424, "typical_volume": 294301.85, "trend": 7.235194, "fair_value": 6.68923, "relative_strength": -3.706864, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 8.732704, "energy": 12.138431, "activity_lines": [ 7.344807, 7.381136, 7.416792, 7.34719 ] }, { "date": "2024-08-30", "close": 7.25815, "volume": 999072, "typical_volume": 335299.0, "trend": 7.249952, "fair_value": 6.694648, "relative_strength": -4.797862, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -1.054198, "energy": 13.264863, "activity_lines": [ 7.309771, 7.350595, 7.406167, 7.348671 ] }, { "date": "2024-09-06", "close": 7.250244, "volume": 555922, "typical_volume": 350742.75, "trend": 7.263225, "fair_value": 6.699889, "relative_strength": -3.737552, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": -2.56864, "energy": 22.640443, "activity_lines": [ 7.284193, 7.325987, 7.39394, 7.34869 ] }, { "date": "2024-09-13", "close": 7.186993, "volume": 499433, "typical_volume": 363033.15, "trend": 7.271947, "fair_value": 6.704442, "relative_strength": -4.728049, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -28.627659, "energy": 40.594143, "activity_lines": [ 7.247444, 7.296417, 7.37477, 7.343771 ] }, { "date": "2024-09-20", "close": 7.131648, "volume": 529285, "typical_volume": 384390.1, "trend": 7.272717, "fair_value": 6.708397, "relative_strength": -2.662301, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -33.180049, "energy": 50.234339, "activity_lines": [ 7.200119, 7.259406, 7.34939, 7.33472 ] }, { "date": "2024-09-27", "close": 7.076302, "volume": 1036063, "typical_volume": 429592.5, "trend": 7.275075, "fair_value": 6.711773, "relative_strength": -4.440827, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -44.865508, "energy": 55.341414, "activity_lines": [ 7.148515, 7.216664, 7.318453, 7.322048 ] }, { "date": "2024-10-04", "close": 7.244215, "volume": 797032, "typical_volume": 450879.65, "trend": 7.285746, "fair_value": 6.716613, "relative_strength": -1.36543, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -32.572978, "energy": 43.537154, "activity_lines": [ 7.169697, 7.211619, 7.30363, 7.320057 ] }, { "date": "2024-10-11", "close": 7.004338, "volume": 630458, "typical_volume": 472679.65, "trend": 7.288668, "fair_value": 6.719205, "relative_strength": -3.167312, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -49.192958, "energy": 57.21729, "activity_lines": [ 7.11185, 7.166511, 7.267412, 7.301902 ] }, { "date": "2024-10-18", "close": 6.972356, "volume": 564598, "typical_volume": 487604.85, "trend": 7.290031, "fair_value": 6.721465, "relative_strength": -3.758708, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -75.723418, "energy": 71.734018, "activity_lines": [ 7.059735, 7.122763, 7.230418, 7.281494 ] }, { "date": "2024-10-25", "close": 6.740478, "volume": 744712, "typical_volume": 509798.2, "trend": 7.280701, "fair_value": 6.721634, "relative_strength": -6.292364, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -86.440616, "energy": 82.19866, "activity_lines": [ 6.944637, 7.042905, 7.17405, 7.246039 ] }, { "date": "2024-11-01", "close": 6.884971, "volume": 739267, "typical_volume": 529212.1, "trend": 7.271462, "fair_value": 6.723067, "relative_strength": -2.822025, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -68.597539, "energy": 80.625486, "activity_lines": [ 6.903782, 7.000295, 7.135598, 7.220508 ] }, { "date": "2024-11-08", "close": 6.860699, "volume": 1373085, "typical_volume": 574017.8, "trend": 7.26416, "fair_value": 6.724263, "relative_strength": -2.897752, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.102425, "energy": 80.201607, "activity_lines": [ 6.867591, 6.961337, 7.09847, 7.194007 ] }, { "date": "2024-11-15", "close": 6.795975, "volume": 802326, "typical_volume": 580953.45, "trend": 7.25545, "fair_value": 6.724882, "relative_strength": -3.782296, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -72.302373, "energy": 76.55311, "activity_lines": [ 6.835393, 6.917837, 7.059, 7.163802 ] }, { "date": "2024-11-22", "close": 6.771704, "volume": 673832, "typical_volume": 602001.85, "trend": 7.248179, "fair_value": 6.725282, "relative_strength": -5.095897, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -70.494947, "energy": 60.751046, "activity_lines": [ 6.808996, 6.878184, 7.021095, 7.132593 ] }, { "date": "2024-11-29", "close": 6.828337, "volume": 742728, "typical_volume": 627848.4, "trend": 7.240073, "fair_value": 6.726155, "relative_strength": -1.747442, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.012782, "energy": 51.78685, "activity_lines": [ 6.814853, 6.856378, 6.991247, 7.105506 ] }, { "date": "2024-12-06", "close": 6.516841, "volume": 798844, "typical_volume": 658412.75, "trend": 7.220572, "fair_value": 6.724396, "relative_strength": -6.395087, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -82.433097, "energy": 60.771084, "activity_lines": [ 6.711021, 6.783451, 6.934312, 7.058846 ] }, { "date": "2024-12-13", "close": 6.147963, "volume": 1331468, "typical_volume": 717797.85, "trend": 7.17387, "fair_value": 6.719593, "relative_strength": -10.686769, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -90.764744, "energy": 75.668373, "activity_lines": [ 6.508772, 6.653628, 6.846787, 6.989645 ] }, { "date": "2024-12-20", "close": 5.951228, "volume": 1347000, "typical_volume": 772552.25, "trend": 7.122884, "fair_value": 6.713242, "relative_strength": -11.718881, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -90.235209, "energy": 91.381476, "activity_lines": [ 6.28846, 6.507966, 6.746675, 6.910765 ] }, { "date": "2024-12-27", "close": 6.492249, "volume": 807567, "typical_volume": 798358.3, "trend": 7.08791, "fair_value": 6.711431, "relative_strength": -2.337306, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.07366, "energy": 74.263599, "activity_lines": [ 6.304804, 6.47982, 6.704983, 6.870079 ] }, { "date": "2025-01-03", "close": 6.651026, "volume": 482302, "typical_volume": 810120.9, "trend": 7.055839, "fair_value": 6.71094, "relative_strength": 1.356572, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.689785, "energy": 54.161187, "activity_lines": [ 6.392705, 6.489271, 6.682284, 6.841893 ] }, { "date": "2025-01-10", "close": 6.651026, "volume": 732013, "typical_volume": 809350.35, "trend": 7.0226, "fair_value": 6.710457, "relative_strength": 0.928183, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -56.634942, "energy": 41.245414, "activity_lines": [ 6.492427, 6.500349, 6.662885, 6.815776 ] }, { "date": "2025-01-17", "close": 6.609457, "volume": 631487, "typical_volume": 790971.1, "trend": 6.987465, "fair_value": 6.709649, "relative_strength": -2.606822, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -37.691998, "energy": 22.332012, "activity_lines": [ 6.569346, 6.508122, 6.642754, 6.789122 ] }, { "date": "2025-01-24", "close": 6.409926, "volume": 670094, "typical_volume": 796679.7, "trend": 6.947467, "fair_value": 6.70727, "relative_strength": -5.601576, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -43.159152, "energy": 23.401254, "activity_lines": [ 6.548989, 6.484185, 6.606708, 6.751861 ] }, { "date": "2025-01-31", "close": 6.567888, "volume": 744401, "typical_volume": 808928.1, "trend": 6.922024, "fair_value": 6.706172, "relative_strength": -6.053929, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -35.538824, "energy": 19.530174, "activity_lines": [ 6.550706, 6.495987, 6.589708, 6.727372 ] }, { "date": "2025-02-07", "close": 6.365799, "volume": 560732, "typical_volume": 810500.45, "trend": 6.888554, "fair_value": 6.703513, "relative_strength": -7.758833, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -46.572138, "energy": 27.370631, "activity_lines": [ 6.480018, 6.474751, 6.55641, 6.691487 ] }, { "date": "2025-02-14", "close": 6.348958, "volume": 571798, "typical_volume": 787287.2, "trend": 6.851169, "fair_value": 6.700765, "relative_strength": -10.45269, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -56.706244, "energy": 35.107532, "activity_lines": [ 6.422731, 6.458864, 6.525155, 6.656674 ] }, { "date": "2025-02-21", "close": 6.685773, "volume": 896807, "typical_volume": 792275.95, "trend": 6.826043, "fair_value": 6.700649, "relative_strength": -4.815591, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -42.263046, "energy": 22.825264, "activity_lines": [ 6.497853, 6.507267, 6.529441, 6.646003 ] }, { "date": "2025-02-28", "close": 6.963646, "volume": 819939, "typical_volume": 801750.0, "trend": 6.811533, "fair_value": 6.702657, "relative_strength": 2.547015, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": 0.016166, "energy": 4.570753, "activity_lines": [ 6.660512, 6.596415, 6.56285, 6.654881 ] }, { "date": "2025-03-07", "close": 7.117067, "volume": 448163, "typical_volume": 795928.25, "trend": 6.805266, "fair_value": 6.705797, "relative_strength": 2.845115, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "mixed", "direction": 29.568032, "energy": 28.449305, "activity_lines": [ 6.837397, 6.69505, 6.611064, 6.674593 ] }, { "date": "2025-03-14", "close": 7.159685, "volume": 582560, "typical_volume": 787820.65, "trend": 6.799116, "fair_value": 6.709209, "relative_strength": 0.281384, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 32.701633, "energy": 50.665808, "activity_lines": [ 6.991876, 6.790074, 6.662649, 6.697458 ] }, { "date": "2025-03-21", "close": 7.159685, "volume": 528120, "typical_volume": 777263.3, "trend": 6.793488, "fair_value": 6.712571, "relative_strength": -2.269894, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 31.567913, "energy": 61.231961, "activity_lines": [ 7.093429, 6.875849, 6.712237, 6.720721 ] }, { "date": "2025-03-28", "close": 7.219348, "volume": 622238, "typical_volume": 739720.95, "trend": 6.792194, "fair_value": 6.716325, "relative_strength": -1.122172, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 44.854394, "energy": 70.105768, "activity_lines": [ 7.160821, 6.963223, 6.766199, 6.748196 ] }, { "date": "2025-04-04", "close": 7.141739, "volume": 792979, "typical_volume": 739253.6, "trend": 6.788577, "fair_value": 6.719453, "relative_strength": 1.39887, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 37.787735, "energy": 65.081774, "activity_lines": [ 7.166772, 7.025398, 6.811061, 6.770747 ] }, { "date": "2025-04-11", "close": 7.288546, "volume": 510100, "typical_volume": 731067.0, "trend": 6.791962, "fair_value": 6.723607, "relative_strength": 3.106777, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 71.156768, "energy": 72.627244, "activity_lines": [ 7.209786, 7.100959, 6.868259, 6.803003 ] }, { "date": "2025-04-18", "close": 7.38354, "volume": 263839, "typical_volume": 707122.55, "trend": 6.800359, "fair_value": 6.728389, "relative_strength": 2.84555, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 74.814915, "energy": 75.031375, "activity_lines": [ 7.273032, 7.180689, 6.932043, 6.841169 ] }, { "date": "2025-04-25", "close": 7.469895, "volume": 819995, "typical_volume": 708180.1, "trend": 6.813479, "fair_value": 6.733724, "relative_strength": 0.111761, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 76.438332, "energy": 75.925501, "activity_lines": [ 7.35014, 7.257616, 7.001408, 6.884365 ] }, { "date": "2025-05-02", "close": 7.695077, "volume": 604340, "typical_volume": 671823.7, "trend": 6.828507, "fair_value": 6.74059, "relative_strength": 2.759816, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 85.823163, "energy": 91.159939, "activity_lines": [ 7.481628, 7.355104, 7.08768, 6.941243 ] }, { "date": "2025-05-09", "close": 7.730054, "volume": 612440, "typical_volume": 635095.7, "trend": 6.852698, "fair_value": 6.747608, "relative_strength": 2.150562, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 82.02968, "energy": 92.006967, "activity_lines": [ 7.593059, 7.440601, 7.169915, 6.999407 ] }, { "date": "2025-05-16", "close": 7.730054, "volume": 645702, "typical_volume": 627002.45, "trend": 6.877954, "fair_value": 6.754527, "relative_strength": 0.304628, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 76.377622, "energy": 90.058878, "activity_lines": [ 7.66527, 7.512162, 7.243681, 7.056011 ] }, { "date": "2025-05-23", "close": 7.695077, "volume": 691012, "typical_volume": 637437.95, "trend": 6.909774, "fair_value": 6.761104, "relative_strength": 0.990749, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 68.005113, "energy": 87.376593, "activity_lines": [ 7.696387, 7.56622, 7.30822, 7.108728 ] }, { "date": "2025-05-30", "close": 7.765033, "volume": 713008, "typical_volume": 636487.7, "trend": 6.93911, "fair_value": 6.768076, "relative_strength": 2.683676, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 72.734234, "energy": 88.340159, "activity_lines": [ 7.730055, 7.623262, 7.374451, 7.163906 ] }, { "date": "2025-06-06", "close": 7.747324, "volume": 692615, "typical_volume": 639544.1, "trend": 6.968664, "fair_value": 6.774829, "relative_strength": 3.366122, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 68.961401, "energy": 81.34927, "activity_lines": [ 7.738143, 7.666078, 7.43369, 7.216049 ] }, { "date": "2025-06-13", "close": 7.543681, "volume": 1234366, "typical_volume": 667757.7, "trend": 6.993588, "fair_value": 6.780095, "relative_strength": 0.146685, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.615262, "energy": 59.838254, "activity_lines": [ 7.674867, 7.662268, 7.468116, 7.253147 ] }, { "date": "2025-06-20", "close": 7.649928, "volume": 393567, "typical_volume": 650216.0, "trend": 7.022862, "fair_value": 6.786012, "relative_strength": 1.891906, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 51.512934, "energy": 50.342167, "activity_lines": [ 7.659432, 7.670468, 7.507262, 7.295491 ] }, { "date": "2025-06-27", "close": 7.853573, "volume": 593010, "typical_volume": 651829.9, "trend": 7.057036, "fair_value": 6.793226, "relative_strength": 4.944092, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 74.766244, "energy": 56.607132, "activity_lines": [ 7.71722, 7.709124, 7.560651, 7.349086 ] }, { "date": "2025-07-04", "close": 7.907141, "volume": 767204, "typical_volume": 661600.2, "trend": 7.10338, "fair_value": 6.800702, "relative_strength": 2.293643, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 76.254693, "energy": 59.643327, "activity_lines": [ 7.782298, 7.748973, 7.612056, 7.403931 ] }, { "date": "2025-07-11", "close": 7.880246, "volume": 903241, "typical_volume": 661921.9, "trend": 7.161122, "fair_value": 6.807898, "relative_strength": 5.880799, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 69.691235, "energy": 60.26438, "activity_lines": [ 7.828937, 7.775983, 7.65348, 7.454052 ] }, { "date": "2025-07-18", "close": 7.826457, "volume": 644032, "typical_volume": 653126.55, "trend": 7.22363, "fair_value": 6.814644, "relative_strength": 7.364322, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.157055, "energy": 57.312861, "activity_lines": [ 7.848784, 7.789845, 7.684094, 7.496976 ] }, { "date": "2025-07-25", "close": 7.853351, "volume": 514160, "typical_volume": 656426.4, "trend": 7.269, "fair_value": 6.821477, "relative_strength": 7.601159, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.365706, "energy": 55.131289, "activity_lines": [ 7.858745, 7.806845, 7.71316, 7.537604 ] }, { "date": "2025-08-01", "close": 7.85335, "volume": 593052, "typical_volume": 656951.0, "trend": 7.309077, "fair_value": 6.828222, "relative_strength": 8.464879, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 59.928969, "energy": 51.156133, "activity_lines": [ 7.855144, 7.821603, 7.73872, 7.575304 ] }, { "date": "2025-08-08", "close": 7.862431, "volume": 607181, "typical_volume": 660904.05, "trend": 7.349458, "fair_value": 6.834937, "relative_strength": 5.741643, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 59.032559, "energy": 46.280914, "activity_lines": [ 7.854585, 7.835135, 7.761841, 7.611004 ] }, { "date": "2025-08-15", "close": 7.898746, "volume": 547253, "typical_volume": 657154.8, "trend": 7.392434, "fair_value": 6.841801, "relative_strength": 5.781029, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 60.992456, "energy": 44.980966, "activity_lines": [ 7.869111, 7.853498, 7.785075, 7.646442 ] }, { "date": "2025-08-22", "close": 7.880588, "volume": 665074, "typical_volume": 650759.55, "trend": 7.441456, "fair_value": 6.84846, "relative_strength": 4.180735, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 56.139242, "energy": 40.552637, "activity_lines": [ 7.876351, 7.865807, 7.803344, 7.677936 ] }, { "date": "2025-08-29", "close": 7.889668, "volume": 746399, "typical_volume": 662574.5, "trend": 7.485515, "fair_value": 6.85937, "relative_strength": 1.667066, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 56.729046, "energy": 39.118917, "activity_lines": [ 7.883009, 7.873641, 7.818959, 7.706852 ] }, { "date": "2025-09-05", "close": 7.972426, "volume": 656761, "typical_volume": 682220.6, "trend": 7.53907, "fair_value": 6.87081, "relative_strength": 1.784355, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.368928, "energy": 42.2312, "activity_lines": [ 7.914833, 7.892163, 7.839594, 7.738266 ] }, { "date": "2025-09-12", "close": 8.064381, "volume": 565999, "typical_volume": 669520.8, "trend": 7.59625, "fair_value": 6.883225, "relative_strength": 3.101922, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 74.984358, "energy": 51.866569, "activity_lines": [ 7.969369, 7.925243, 7.866182, 7.772157 ] }, { "date": "2025-09-19", "close": 8.101162, "volume": 755079, "typical_volume": 677057.75, "trend": 7.64343, "fair_value": 6.895606, "relative_strength": 0.981171, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 74.559995, "energy": 64.997312, "activity_lines": [ 8.022702, 7.962151, 7.893443, 7.804732 ] }, { "date": "2025-09-26", "close": 8.16553, "volume": 521403, "typical_volume": 672505.9, "trend": 7.683493, "fair_value": 6.90867, "relative_strength": 1.97522, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 78.269372, "energy": 79.706833, "activity_lines": [ 8.083997, 8.006747, 7.924899, 7.838416 ] }, { "date": "2025-10-03", "close": 8.099223, "volume": 871470, "typical_volume": 683794.3, "trend": 7.716231, "fair_value": 6.920337, "relative_strength": 1.978412, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.631183, "energy": 74.16204, "activity_lines": [ 8.104194, 8.033121, 7.947968, 7.865237 ] }, { "date": "2025-10-10", "close": 8.117844, "volume": 453800, "typical_volume": 671933.7, "trend": 7.74817, "fair_value": 6.931406, "relative_strength": 4.631487, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.034696, "energy": 71.531013, "activity_lines": [ 8.116627, 8.058411, 7.971051, 7.891148 ] }, { "date": "2025-10-17", "close": 8.183008, "volume": 669835, "typical_volume": 669775.05, "trend": 7.782281, "fair_value": 6.943679, "relative_strength": 3.34051, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 71.746397, "energy": 69.593389, "activity_lines": [ 8.141087, 8.09074, 7.998328, 7.919202 ] }, { "date": "2025-10-24", "close": 8.294723, "volume": 447197, "typical_volume": 657504.15, "trend": 7.818127, "fair_value": 6.956787, "relative_strength": 2.59069, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 80.177735, "energy": 67.080573, "activity_lines": [ 8.194877, 8.137551, 8.034254, 7.952263 ] }, { "date": "2025-10-31", "close": 8.266794, "volume": 596460, "typical_volume": 625608.85, "trend": 7.855628, "fair_value": 6.968808, "relative_strength": -0.111152, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 71.821393, "energy": 67.402411, "activity_lines": [ 8.226453, 8.172086, 8.064913, 7.981209 ] }, { "date": "2025-11-07", "close": 8.304499, "volume": 630254, "typical_volume": 637443.2, "trend": 7.889493, "fair_value": 6.981667, "relative_strength": -2.609979, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 72.420801, "energy": 69.000492, "activity_lines": [ 8.263847, 8.206454, 8.095719, 8.010168 ] }, { "date": "2025-11-14", "close": 8.229089, "volume": 814624, "typical_volume": 648523.9, "trend": 7.917678, "fair_value": 6.993924, "relative_strength": -5.709607, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.025845, "energy": 61.144547, "activity_lines": [ 8.262418, 8.219568, 8.116227, 8.032078 ] }, { "date": "2025-11-21", "close": 8.247942, "volume": 554654, "typical_volume": 637896.4, "trend": 7.943613, "fair_value": 7.006541, "relative_strength": -3.709055, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.402971, "energy": 53.44797, "activity_lines": [ 8.259858, 8.231444, 8.136742, 8.053385 ] }, { "date": "2025-11-28", "close": 8.313925, "volume": 902946, "typical_volume": 637881.65, "trend": 7.964242, "fair_value": 7.01918, "relative_strength": -5.495681, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.779573, "energy": 53.674544, "activity_lines": [ 8.274963, 8.251979, 8.161919, 8.077276 ] }, { "date": "2025-12-05", "close": 8.323351, "volume": 435092, "typical_volume": 627434.65, "trend": 7.984018, "fair_value": 7.032444, "relative_strength": -4.402825, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.323392, "energy": 50.484192, "activity_lines": [ 8.291931, 8.27036, 8.185928, 8.100444 ] }, { "date": "2025-12-12", "close": 8.379909, "volume": 399391, "typical_volume": 621696.2, "trend": 8.00568, "fair_value": 7.048287, "relative_strength": -5.878147, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 71.752499, "energy": 55.003843, "activity_lines": [ 8.32398, 8.296154, 8.212957, 8.125986 ] }, { "date": "2025-12-19", "close": 8.389335, "volume": 695220, "typical_volume": 626804.6, "trend": 8.028822, "fair_value": 7.061652, "relative_strength": -4.548034, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 69.006636, "energy": 56.118422, "activity_lines": [ 8.354144, 8.318559, 8.238377, 8.150738 ] }, { "date": "2025-12-26", "close": 8.672121, "volume": 346071, "typical_volume": 613749.1, "trend": 8.059058, "fair_value": 7.076588, "relative_strength": -2.814287, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 90.656328, "energy": 84.37285, "activity_lines": [ 8.467887, 8.387443, 8.288176, 8.192241 ] }, { "date": "2026-01-02", "close": 8.728678, "volume": 238850, "typical_volume": 598328.95, "trend": 8.09177, "fair_value": 7.091808, "relative_strength": -1.903144, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 90.209992, "energy": 93.967684, "activity_lines": [ 8.572203, 8.457718, 8.339506, 8.235442 ] }, { "date": "2026-01-09", "close": 8.824074, "volume": 413571, "typical_volume": 585753.8, "trend": 8.13445, "fair_value": 7.107639, "relative_strength": -2.483678, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 88.767017, "energy": 94.68035, "activity_lines": [ 8.680668, 8.537447, 8.395969, 8.282688 ] }, { "date": "2026-01-16", "close": 8.852692, "volume": 629122, "typical_volume": 579889.95, "trend": 8.174542, "fair_value": 7.123654, "relative_strength": -3.006119, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 82.164841, "energy": 92.8256, "activity_lines": [ 8.765291, 8.612247, 8.450665, 8.329026 ] }, { "date": "2026-01-23", "close": 8.852692, "volume": 694430, "typical_volume": 581773.4, "trend": 8.207846, "fair_value": 7.13975, "relative_strength": -10.541579, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 74.799838, "energy": 89.658127, "activity_lines": [ 8.818395, 8.677079, 8.500775, 8.372777 ] }, { "date": "2026-01-30", "close": 8.995785, "volume": 830938, "typical_volume": 595020.35, "trend": 8.244134, "fair_value": 7.158084, "relative_strength": -10.274146, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 84.466082, "energy": 90.186837, "activity_lines": [ 8.888306, 8.756591, 8.560322, 8.423612 ] }, { "date": "2026-02-06", "close": 8.966829, "volume": 646587, "typical_volume": 589595.75, "trend": 8.280353, "fair_value": 7.174792, "relative_strength": -11.274412, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 75.341875, "energy": 79.924739, "activity_lines": [ 8.926988, 8.81724, 8.612675, 8.470238 ] }, { "date": "2026-02-13", "close": 8.976481, "volume": 630792, "typical_volume": 595065.2, "trend": 8.318688, "fair_value": 7.19292, "relative_strength": -12.811016, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 72.686832, "energy": 70.622495, "activity_lines": [ 8.95301, 8.867774, 8.661825, 8.515149 ] }, { "date": "2026-02-20", "close": 9.005438, "volume": 335813, "typical_volume": 568282.35, "trend": 8.35709, "fair_value": 7.209875, "relative_strength": -14.239101, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 72.896542, "energy": 68.271161, "activity_lines": [ 8.978524, 8.911697, 8.709872, 8.559456 ] }, { "date": "2026-02-27", "close": 9.044045, "volume": 1237051, "typical_volume": 607444.9, "trend": 8.39678, "fair_value": 7.227128, "relative_strength": -12.806627, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 74.032704, "energy": 67.738125, "activity_lines": [ 9.006724, 8.951267, 8.75728, 8.603775 ] }, { "date": "2026-03-06", "close": 8.965912, "volume": 859865, "typical_volume": 616946.4, "trend": 8.433563, "fair_value": 7.245464, "relative_strength": -8.79789, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.076295, "energy": 63.385392, "activity_lines": [ 8.996123, 8.964727, 8.792836, 8.640493 ] }, { "date": "2026-03-13", "close": 9.053814, "volume": 456910, "typical_volume": 617432.05, "trend": 8.472065, "fair_value": 7.264445, "relative_strength": -6.867339, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 71.176714, "energy": 63.309572, "activity_lines": [ 9.016814, 8.988827, 8.833036, 8.68051 ] }, { "date": "2026-03-20", "close": 9.004979, "volume": 541223, "typical_volume": 614670.2, "trend": 8.509545, "fair_value": 7.28224, "relative_strength": -6.517417, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.871804, "energy": 56.311067, "activity_lines": [ 9.015428, 8.998136, 8.86497, 8.714891 ] }, { "date": "2026-03-27", "close": 9.073347, "volume": 521774, "typical_volume": 609246.2, "trend": 8.549001, "fair_value": 7.298765, "relative_strength": -8.423776, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 69.511182, "energy": 59.499563, "activity_lines": [ 9.034931, 9.016587, 8.8999, 8.751265 ] }, { "date": "2026-04-03", "close": 9.073305, "volume": 861438, "typical_volume": 611586.9, "trend": 8.585697, "fair_value": 7.316978, "relative_strength": -11.341128, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.569288, "energy": 56.887957, "activity_lines": [ 9.049893, 9.031019, 8.931166, 8.785091 ] }, { "date": "2026-04-10", "close": 9.063549, "volume": 534655, "typical_volume": 610586.95, "trend": 8.619002, "fair_value": 7.335717, "relative_strength": -15.264039, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.726942, "energy": 54.243778, "activity_lines": [ 9.059652, 9.039665, 8.957481, 8.815921 ] }, { "date": "2026-04-17", "close": 9.151355, "volume": 498474, "typical_volume": 590363.35, "trend": 8.654009, "fair_value": 7.354976, "relative_strength": -13.435014, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 75.144057, "energy": 61.422284, "activity_lines": [ 9.092171, 9.063044, 8.988276, 8.850266 ] }, { "date": "2026-04-24", "close": 9.19038, "volume": 636950, "typical_volume": 600456.25, "trend": 8.688171, "fair_value": 7.371792, "relative_strength": -10.560933, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 74.994499, "energy": 61.592315, "activity_lines": [ 9.131195, 9.090164, 9.018799, 8.884871 ] }, { "date": "2026-05-01", "close": 9.154014, "volume": 639748, "typical_volume": 612474.1, "trend": 8.72333, "fair_value": 7.389655, "relative_strength": -9.02276, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.043535, "energy": 57.654958, "activity_lines": [ 9.145737, 9.106782, 9.04173, 8.914925 ] }, { "date": "2026-05-08", "close": 9.173491, "volume": 806430, "typical_volume": 618034.6, "trend": 8.758519, "fair_value": 7.407727, "relative_strength": -7.013253, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.01714, "energy": 55.696638, "activity_lines": [ 9.161394, 9.124241, 9.06283, 8.943968 ] }, { "date": "2026-05-15", "close": 8.978724, "volume": 990114, "typical_volume": 650236.75, "trend": 8.785042, "fair_value": 7.424041, "relative_strength": -5.318054, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 57.346869, "energy": 39.693786, "activity_lines": [ 9.105449, 9.103933, 9.061647, 8.958174 ] }, { "date": "2026-05-22", "close": 9.076107, "volume": 1006787, "typical_volume": 688633.6, "trend": 8.811089, "fair_value": 7.44251, "relative_strength": -3.557821, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 42.033752, "energy": 26.558465, "activity_lines": [ 9.087621, 9.101099, 9.068278, 8.976953 ] }, { "date": "2026-05-29", "close": 9.017677, "volume": 1429978, "typical_volume": 739453.95, "trend": 8.836118, "fair_value": 7.459007, "relative_strength": -2.675805, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 35.292659, "energy": 17.936582, "activity_lines": [ 9.055332, 9.087236, 9.06769, 8.990281 ] }, { "date": "2026-06-05", "close": 9.08674, "volume": 108988, "typical_volume": 713447.25, "trend": 8.862193, "fair_value": 7.476765, "relative_strength": 0.951783, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 33.153518, "energy": 19.381762, "activity_lines": [ 9.057578, 9.085699, 9.072758, 9.00645 ] }, { "date": "2026-06-12", "close": 9.067007, "volume": 139143, "typical_volume": 685682.9, "trend": 8.890123, "fair_value": 7.493491, "relative_strength": -0.440044, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 32.290601, "energy": 14.957303, "activity_lines": [ 9.057731, 9.08033, 9.074832, 9.019664 ] }, { "date": "2026-06-19", "close": 9.136071, "volume": 69522, "typical_volume": 647612.1, "trend": 8.919728, "fair_value": 7.509842, "relative_strength": 1.898736, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 51.259036, "energy": 24.097534, "activity_lines": [ 9.088004, 9.087633, 9.082462, 9.035532 ] }, { "date": "2026-06-26", "close": 9.175536, "volume": 151354, "typical_volume": 622850.45, "trend": 8.948448, "fair_value": 7.525757, "relative_strength": -0.288025, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 57.186578, "energy": 32.359518, "activity_lines": [ 9.120943, 9.100793, 9.093183, 9.052035 ] }, { "date": "2026-07-03", "close": 9.119084, "volume": 89102, "typical_volume": 595765.95, "trend": 8.974972, "fair_value": 7.540616, "relative_strength": -1.326415, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 48.906352, "energy": 30.404804, "activity_lines": [ 9.128435, 9.103249, 9.097534, 9.063044 ] }, { "date": "2026-07-10", "close": 9.059869, "volume": 702332, "typical_volume": 614091.9, "trend": 8.997638, "fair_value": 7.555182, "relative_strength": -3.709463, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 43.394664, "energy": 25.208351, "activity_lines": [ 9.109429, 9.096235, 9.095567, 9.068521 ] }, { "date": "2026-07-17", "close": 9.030261, "volume": 744232, "typical_volume": 589450.95, "trend": 9.019002, "fair_value": 7.569821, "relative_strength": -1.490483, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 12.213358, "energy": 7.604887, "activity_lines": [ 9.082345, 9.08555, 9.09052, 9.070626 ] }, { "date": "2026-07-24", "close": 9.010524, "volume": 1103997, "typical_volume": 601657.55, "trend": 9.030282, "fair_value": 7.584855, "relative_strength": -1.638544, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 4.915202, "energy": 8.942701, "activity_lines": [ 9.051132, 9.07388, 9.08366, 9.070079 ] }, { "date": "2026-07-31", "close": 9.079607, "volume": 970795, "typical_volume": 627351.8, "trend": 9.04198, "fair_value": 7.599198, "relative_strength": -2.793393, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 10.030658, "energy": 12.202876, "activity_lines": [ 9.051316, 9.074193, 9.083166, 9.073261 ] }, { "date": "2026-08-07", "close": 9.09, "volume": 821702, "typical_volume": 641375.75, "trend": 9.050844, "fair_value": 7.614136, "relative_strength": 0.602773, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 12.76048, "energy": 10.717747, "activity_lines": [ 9.061359, 9.076331, 9.083539, 9.07636 ] } ], "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." } } }