{ "ticker": { "uuid": "4298a6c9-010c-482e-9192-99da1cef9b42", "symbol": "PFL", "name": "Pimco Income Strategy Fund", "exchange": "NYSE", "country": "US", "assetType": "etf" }, "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.", "analysis": { "eligible": true, "as_of": "2026-08-07", "benchmark": "SPY", "stage": 3, "stage_name": "Distribution", "phase": "3a", "phase_label": "Stage 3A \u00b7 Churning", "transition": "stage_3_churning", "transition_label": "Stage 3 range intact", "confidence": 73.971, "architecture_regime": "balance", "architecture_regime_label": "Balance", "architecture_modifier": "Balance after decline", "architecture_gate": "down", "architecture_direction": -5.954, "architecture_energy": 8.029, "architecture_maturity": 16.925, "architecture_confidence": 67.371, "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": 60.58, "rotation_up": 33.06, "upward_expansion": 33.46, "deceleration": 41.9, "rotation_down": 22.51, "downward_expansion": 41.79 }, "activity_lines": [ 7.752546, 7.726319, 7.721242, 7.743208 ], "activity_state": "Compressed", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": 0.333333 }, "latest_close": 7.8, "trend_reference": 7.79876, "distance_from_trend": 0.000159, "trend_direction": "Weakening", "fair_value": 7.045811, "distance_from_fair_value": 0.107041, "fair_value_direction": "Weakening", "relative_strength": -11.03099, "relative_strength_direction": "Weakening", "price_momentum": -0.029008, "excess_performance": -0.154633, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.000159, "read": "Above" }, { "label": "Trend direction", "positive": false, "value": -0.007575, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.107041, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.039756, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.11031, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.016824, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.029008, "read": "Negative" }, { "label": "Volume balance", "positive": true, "value": 1.581416, "read": "Demand-led" } ], "volume": { "latest": 685338, "relative_activity": 0.665547, "balance": 1.581416, "dry_up": 1.302906, "accumulation_observations": 2, "distribution_observations": 1 }, "risk": { "range_context": 0.02289, "annualized_volatility": 0.117537, "from_high_reference": -0.03836, "from_low_reference": 0.05858 }, "levels": { "trend_reference": 7.79876, "fair_value_reference": 7.045811, "structural_low": 7.368361, "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": 7, "median_return": -0.016394, "positive_rate": 0.428571, "directional_follow_through": 0.428571, "median_excess_return": 0.009018, "regime_survival": 0.428571, "best_return": 0.086757, "worst_return": -0.101883, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 4, "median_return": -0.002838, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": -0.022118, "regime_survival": 0.5, "best_return": 0.021513, "worst_return": -0.046392, "sufficient": false }, { "horizon": "Extended", "sample_count": 2, "median_return": 0.01805, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": -0.003048, "regime_survival": 0.0, "best_return": 0.061976, "worst_return": -0.025877, "sufficient": false }, { "horizon": "Full cycle", "sample_count": 1, "median_return": -0.017634, "positive_rate": 0.0, "directional_follow_through": 0.0, "median_excess_return": -0.131412, "regime_survival": 0.0, "best_return": -0.017634, "worst_return": -0.017634, "sufficient": false } ], "ledger": [ { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2023-12-15", "end": "2024-04-19", "tenure": "Established", "return": 0.021651, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-04-26", "end": "2024-05-10", "tenure": "New", "return": 0.015889, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-05-17", "end": "2024-11-15", "tenure": "Extended", "return": 0.051113, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-11-22", "end": "2024-12-13", "tenure": "New", "return": 0.008501, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-12-20", "end": "2025-03-28", "tenure": "Established", "return": 0.055089, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-04-04", "end": "2025-04-11", "tenure": "New", "return": -0.001083, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-04-18", "end": "2025-07-04", "tenure": "Developing", "return": 0.049924, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-07-11", "end": "2025-11-14", "tenure": "Established", "return": 0.039202, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-11-21", "end": "2025-12-05", "tenure": "New", "return": 0.024067, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-12-12", "end": "2026-03-06", "tenure": "Established", "return": 0.014614, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2026-03-13", "end": "2026-04-24", "tenure": "Developing", "return": 0.017745, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-05-01", "end": "2026-06-05", "tenure": "Developing", "return": -0.044706, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-06-12", "end": "2026-07-24", "tenure": "Developing", "return": 0.010544, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-07-31", "end": "2026-08-07", "tenure": "New", "return": 0.010363, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 5.634262, "volume": 555754, "typical_volume": 404973.25, "trend": 5.679092, "fair_value": 6.089987, "relative_strength": -7.112778, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 37.39882, "energy": 30.215322, "activity_lines": [ 5.78512, 5.787164, 5.715238, 5.68088 ] }, { "date": "2023-08-25", "close": 5.65574, "volume": 446176, "typical_volume": 409791.45, "trend": 5.673182, "fair_value": 6.092286, "relative_strength": -7.229457, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 30.574734, "energy": 17.434664, "activity_lines": [ 5.735195, 5.766755, 5.715387, 5.679373 ] }, { "date": "2023-09-01", "close": 5.677217, "volume": 580910, "typical_volume": 422160.55, "trend": 5.661974, "fair_value": 6.094519, "relative_strength": -8.899756, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 26.056179, "energy": 24.279631, "activity_lines": [ 5.700051, 5.749515, 5.717207, 5.679634 ] }, { "date": "2023-09-08", "close": 5.699697, "volume": 464700, "typical_volume": 427565.35, "trend": 5.653934, "fair_value": 6.096491, "relative_strength": -7.153798, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 20.542314, "energy": 25.926287, "activity_lines": [ 5.687097, 5.737021, 5.720499, 5.682067 ] }, { "date": "2023-09-15", "close": 5.649065, "volume": 457569, "typical_volume": 433127.35, "trend": 5.649376, "fair_value": 6.097899, "relative_strength": -7.614674, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 2.808668, "energy": 16.888199, "activity_lines": [ 5.6681, 5.71621, 5.717769, 5.681753 ] }, { "date": "2023-09-22", "close": 5.555035, "volume": 567042, "typical_volume": 446289.45, "trend": 5.644157, "fair_value": 6.099285, "relative_strength": -6.21849, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -32.948827, "energy": 29.72175, "activity_lines": [ 5.632047, 5.68075, 5.705352, 5.675667 ] }, { "date": "2023-09-29", "close": 5.547801, "volume": 779918, "typical_volume": 466894.55, "trend": 5.633976, "fair_value": 6.099942, "relative_strength": -5.486848, "stage": 1, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -30.436686, "energy": 36.421418, "activity_lines": [ 5.598863, 5.648272, 5.692554, 5.66945 ] }, { "date": "2023-10-06", "close": 5.649065, "volume": 893141, "typical_volume": 493183.7, "trend": 5.633882, "fair_value": 6.100361, "relative_strength": -4.029648, "stage": 1, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -18.538849, "energy": 30.79697, "activity_lines": [ 5.606631, 5.638246, 5.689418, 5.670424 ] }, { "date": "2023-10-13", "close": 5.482562, "volume": 465164, "typical_volume": 478738.45, "trend": 5.632551, "fair_value": 6.100298, "relative_strength": -7.053059, "stage": 1, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -35.145551, "energy": 47.378557, "activity_lines": [ 5.560774, 5.602467, 5.669827, 5.660661 ] }, { "date": "2023-10-20", "close": 5.131678, "volume": 909676, "typical_volume": 508158.7, "trend": 5.622248, "fair_value": 6.097985, "relative_strength": -10.642935, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "mixed", "direction": -64.238554, "energy": 72.736618, "activity_lines": [ 5.412431, 5.509794, 5.616467, 5.628347 ] }, { "date": "2023-10-27", "close": 5.182848, "volume": 518087, "typical_volume": 515898.0, "trend": 5.610473, "fair_value": 6.096483, "relative_strength": -7.241594, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -84.396923, "energy": 87.282227, "activity_lines": [ 5.315638, 5.439728, 5.57041, 5.599998 ] }, { "date": "2023-11-03", "close": 5.745724, "volume": 660658, "typical_volume": 523960.1, "trend": 5.616098, "fair_value": 6.097383, "relative_strength": -2.638698, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -42.56019, "energy": 51.154569, "activity_lines": [ 5.431282, 5.48021, 5.579953, 5.608724 ] }, { "date": "2023-11-10", "close": 5.637097, "volume": 460657, "typical_volume": 529939.5, "trend": 5.619437, "fair_value": 6.096932, "relative_strength": -5.605712, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -47.168051, "energy": 32.665831, "activity_lines": [ 5.497523, 5.499306, 5.578528, 5.610079 ] }, { "date": "2023-11-17", "close": 5.866127, "volume": 509415, "typical_volume": 542106.45, "trend": 5.63339, "fair_value": 6.09767, "relative_strength": -3.848822, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "mixed", "direction": 15.686389, "energy": 18.110043, "activity_lines": [ 5.640905, 5.560774, 5.59928, 5.625994 ] }, { "date": "2023-11-24", "close": 5.910455, "volume": 293584, "typical_volume": 535516.4, "trend": 5.647217, "fair_value": 6.097305, "relative_strength": -3.949434, "stage": 2, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "mixed", "direction": 32.67159, "energy": 37.915732, "activity_lines": [ 5.773491, 5.627274, 5.623693, 5.64387 ] }, { "date": "2023-12-01", "close": 6.04344, "volume": 586146, "typical_volume": 539453.7, "trend": 5.66135, "fair_value": 6.096611, "relative_strength": -2.486388, "stage": 2, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 49.186566, "energy": 55.417099, "activity_lines": [ 5.898488, 5.713202, 5.660168, 5.669432 ] }, { "date": "2023-12-08", "close": 6.074027, "volume": 621588, "typical_volume": 548726.95, "trend": 5.678764, "fair_value": 6.09685, "relative_strength": -2.074567, "stage": 2, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 76.624986, "energy": 78.866252, "activity_lines": [ 5.976307, 5.79581, 5.698356, 5.696057 ] }, { "date": "2023-12-15", "close": 6.185956, "volume": 701119, "typical_volume": 563104.3, "trend": 5.700837, "fair_value": 6.097281, "relative_strength": -2.413069, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 78.818725, "energy": 82.616413, "activity_lines": [ 6.06955, 5.889202, 5.745756, 5.728779 ] }, { "date": "2023-12-22", "close": 6.245652, "volume": 595078, "typical_volume": 571441.8, "trend": 5.728739, "fair_value": 6.097989, "relative_strength": -2.212157, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 78.282517, "energy": 84.516107, "activity_lines": [ 6.1461, 5.983686, 5.797469, 5.763928 ] }, { "date": "2023-12-29", "close": 6.297886, "volume": 442093, "typical_volume": 575423.75, "trend": 5.750605, "fair_value": 6.098333, "relative_strength": -1.598406, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 77.569073, "energy": 86.116916, "activity_lines": [ 6.21476, 6.073792, 5.85233, 5.800647 ] }, { "date": "2024-01-05", "close": 6.379967, "volume": 575753, "typical_volume": 576423.7, "trend": 5.776565, "fair_value": 6.098853, "relative_strength": 1.390148, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 79.155589, "energy": 88.203968, "activity_lines": [ 6.284952, 6.157619, 5.91294, 5.841251 ] }, { "date": "2024-01-12", "close": 6.42607, "volume": 633370, "typical_volume": 585783.4, "trend": 5.803593, "fair_value": 6.099987, "relative_strength": 0.38565, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 77.70171, "energy": 88.559866, "activity_lines": [ 6.348076, 6.228062, 5.974389, 5.883155 ] }, { "date": "2024-01-19", "close": 6.365802, "volume": 472692, "typical_volume": 580372.5, "trend": 5.825336, "fair_value": 6.100558, "relative_strength": -1.521229, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.286821, "energy": 84.215279, "activity_lines": [ 6.367641, 6.275177, 6.026431, 5.919426 ] }, { "date": "2024-01-26", "close": 6.395936, "volume": 529033, "typical_volume": 583589.15, "trend": 5.846915, "fair_value": 6.101075, "relative_strength": -1.85806, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 68.340533, "energy": 79.812066, "activity_lines": [ 6.385261, 6.314522, 6.078063, 5.956239 ] }, { "date": "2024-02-02", "close": 6.373335, "volume": 571552, "typical_volume": 589288.3, "trend": 5.86657, "fair_value": 6.100214, "relative_strength": -3.31156, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.783265, "energy": 82.649094, "activity_lines": [ 6.385329, 6.340125, 6.124227, 5.990202 ] }, { "date": "2024-02-09", "close": 6.37439, "volume": 553520, "typical_volume": 588612.2, "trend": 5.886005, "fair_value": 6.099397, "relative_strength": -4.332419, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.494558, "energy": 74.68811, "activity_lines": [ 6.380718, 6.357504, 6.167043, 6.022964 ] }, { "date": "2024-02-16", "close": 6.412423, "volume": 528584, "typical_volume": 576045.5, "trend": 5.907417, "fair_value": 6.098894, "relative_strength": -3.213862, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.638699, "energy": 79.488359, "activity_lines": [ 6.389157, 6.37578, 6.209579, 6.056927 ] }, { "date": "2024-02-23", "close": 6.404816, "volume": 424392, "typical_volume": 552608.05, "trend": 5.924322, "fair_value": 6.098557, "relative_strength": -4.637154, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.776577, "energy": 71.175128, "activity_lines": [ 6.39597, 6.386521, 6.247274, 6.089017 ] }, { "date": "2024-03-01", "close": 6.44285, "volume": 543827, "typical_volume": 556541.2, "trend": 5.943676, "fair_value": 6.098001, "relative_strength": -4.709549, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 70.915191, "energy": 64.30056, "activity_lines": [ 6.41286, 6.400198, 6.284992, 6.122471 ] }, { "date": "2024-03-08", "close": 6.512375, "volume": 583096, "typical_volume": 540212.2, "trend": 5.96531, "fair_value": 6.097357, "relative_strength": -3.165825, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 77.902662, "energy": 68.014314, "activity_lines": [ 6.449797, 6.42293, 6.324759, 6.159161 ] }, { "date": "2024-03-15", "close": 6.351101, "volume": 575068, "typical_volume": 543061.25, "trend": 5.989205, "fair_value": 6.0955, "relative_strength": -5.245427, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.666164, "energy": 60.88832, "activity_lines": [ 6.423707, 6.41244, 6.342592, 6.184051 ] }, { "date": "2024-03-22", "close": 6.512375, "volume": 509578, "typical_volume": 535507.25, "trend": 6.017759, "fair_value": 6.094284, "relative_strength": -4.758199, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 77.367126, "energy": 64.997781, "activity_lines": [ 6.452928, 6.431797, 6.37022, 6.217804 ] }, { "date": "2024-03-29", "close": 6.512375, "volume": 403546, "typical_volume": 532651.7, "trend": 6.045598, "fair_value": 6.092709, "relative_strength": -4.919931, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 73.180531, "energy": 63.485147, "activity_lines": [ 6.475485, 6.449586, 6.394199, 6.249714 ] }, { "date": "2024-04-05", "close": 6.558453, "volume": 612108, "typical_volume": 537786.35, "trend": 6.074223, "fair_value": 6.091394, "relative_strength": -3.222883, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 76.727444, "energy": 65.073654, "activity_lines": [ 6.506231, 6.473087, 6.418397, 6.282802 ] }, { "date": "2024-04-12", "close": 6.343151, "volume": 608781, "typical_volume": 553546.2, "trend": 6.097359, "fair_value": 6.088662, "relative_strength": -4.84267, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 59.974468, "energy": 48.709597, "activity_lines": [ 6.457503, 6.454487, 6.418794, 6.300152 ] }, { "date": "2024-04-19", "close": 6.319887, "volume": 607121, "typical_volume": 554594.95, "trend": 6.122854, "fair_value": 6.085637, "relative_strength": -2.09445, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 41.668654, "energy": 29.403809, "activity_lines": [ 6.412302, 6.432206, 6.414915, 6.314509 ] }, { "date": "2024-04-26", "close": 6.412941, "volume": 362265, "typical_volume": 541628.8, "trend": 6.151692, "fair_value": 6.082956, "relative_strength": -3.100847, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 36.56937, "energy": 20.134534, "activity_lines": [ 6.400199, 6.427835, 6.418581, 6.333224 ] }, { "date": "2024-05-03", "close": 6.529258, "volume": 375427, "typical_volume": 525344.2, "trend": 6.181032, "fair_value": 6.07929, "relative_strength": -1.776097, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 51.087363, "energy": 24.613237, "activity_lines": [ 6.433498, 6.444604, 6.431712, 6.357583 ] }, { "date": "2024-05-10", "close": 6.514835, "volume": 483805, "typical_volume": 519780.55, "trend": 6.215441, "fair_value": 6.077476, "relative_strength": -3.622414, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 59.245922, "energy": 32.648307, "activity_lines": [ 6.460864, 6.456487, 6.441834, 6.379119 ] }, { "date": "2024-05-17", "close": 6.538326, "volume": 359146, "typical_volume": 515633.2, "trend": 6.262329, "fair_value": 6.074104, "relative_strength": -4.70126, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 61.185059, "energy": 41.551233, "activity_lines": [ 6.498968, 6.471333, 6.452912, 6.39995 ] }, { "date": "2024-05-24", "close": 6.483513, "volume": 362859, "typical_volume": 504988.5, "trend": 6.305685, "fair_value": 6.069654, "relative_strength": -5.383459, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 53.777901, "energy": 39.205797, "activity_lines": [ 6.505789, 6.47574, 6.457624, 6.41422 ] }, { "date": "2024-05-31", "close": 6.491344, "volume": 244579, "typical_volume": 485548.95, "trend": 6.330539, "fair_value": 6.0646, "relative_strength": -4.746241, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 52.045653, "energy": 35.477893, "activity_lines": [ 6.504312, 6.479164, 6.462589, 6.426198 ] }, { "date": "2024-06-07", "close": 6.530495, "volume": 496992, "typical_volume": 486763.95, "trend": 6.360319, "fair_value": 6.05969, "relative_strength": -5.223701, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 56.055104, "energy": 34.580272, "activity_lines": [ 6.510658, 6.490089, 6.470972, 6.439098 ] }, { "date": "2024-06-14", "close": 6.523839, "volume": 468415, "typical_volume": 483733.05, "trend": 6.382242, "fair_value": 6.056092, "relative_strength": -6.725501, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 53.033582, "energy": 30.916218, "activity_lines": [ 6.514704, 6.499475, 6.477937, 6.449648 ] }, { "date": "2024-06-21", "close": 6.452669, "volume": 1048495, "typical_volume": 507580.2, "trend": 6.400316, "fair_value": 6.050793, "relative_strength": -8.124036, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 35.923073, "energy": 20.221323, "activity_lines": [ 6.494426, 6.496549, 6.477515, 6.454192 ] }, { "date": "2024-06-28", "close": 6.444762, "volume": 579125, "typical_volume": 508860.45, "trend": 6.413694, "fair_value": 6.045041, "relative_strength": -8.008255, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 27.935998, "energy": 13.974774, "activity_lines": [ 6.477222, 6.490195, 6.475961, 6.457059 ] }, { "date": "2024-07-05", "close": 6.444762, "volume": 654611, "typical_volume": 515161.8, "trend": 6.426051, "fair_value": 6.039252, "relative_strength": -9.499372, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 22.6029, "energy": 11.677105, "activity_lines": [ 6.462603, 6.48157, 6.474073, 6.459063 ] }, { "date": "2024-07-12", "close": 6.47742, "volume": 601913, "typical_volume": 524037.85, "trend": 6.435767, "fair_value": 6.034151, "relative_strength": -9.706299, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 23.764549, "energy": 14.097551, "activity_lines": [ 6.461974, 6.478305, 6.475141, 6.462378 ] }, { "date": "2024-07-19", "close": 6.501381, "volume": 633462, "typical_volume": 528519.6, "trend": 6.444291, "fair_value": 6.029979, "relative_strength": -7.403831, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 30.768719, "energy": 13.964181, "activity_lines": [ 6.472871, 6.480338, 6.478145, 6.466611 ] }, { "date": "2024-07-26", "close": 6.573264, "volume": 478790, "typical_volume": 523304.3, "trend": 6.45347, "fair_value": 6.026156, "relative_strength": -5.45326, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 56.382046, "energy": 32.307649, "activity_lines": [ 6.509226, 6.495686, 6.487717, 6.474932 ] }, { "date": "2024-08-02", "close": 6.685081, "volume": 659964, "typical_volume": 527549.1, "trend": 6.463641, "fair_value": 6.021171, "relative_strength": -1.65013, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 75.684836, "energy": 68.138225, "activity_lines": [ 6.574814, 6.530729, 6.507647, 6.489874 ] }, { "date": "2024-08-09", "close": 6.581251, "volume": 924121, "typical_volume": 548276.25, "trend": 6.468814, "fair_value": 6.015559, "relative_strength": -3.0487, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 55.489571, "energy": 62.300236, "activity_lines": [ 6.58977, 6.543229, 6.516099, 6.497462 ] }, { "date": "2024-08-16", "close": 6.694899, "volume": 716468, "typical_volume": 563922.35, "trend": 6.479784, "fair_value": 6.011084, "relative_strength": -5.022804, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 73.505965, "energy": 73.809208, "activity_lines": [ 6.63351, 6.574757, 6.535047, 6.512048 ] }, { "date": "2024-08-23", "close": 6.751362, "volume": 1027505, "typical_volume": 584692.2, "trend": 6.491631, "fair_value": 6.005783, "relative_strength": -5.407531, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 78.761635, "energy": 80.104428, "activity_lines": [ 6.681572, 6.613562, 6.558503, 6.529569 ] }, { "date": "2024-08-30", "close": 6.743296, "volume": 427011, "typical_volume": 575603.7, "trend": 6.503963, "fair_value": 6.004884, "relative_strength": -5.666504, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 71.513673, "energy": 75.07715, "activity_lines": [ 6.710281, 6.646764, 6.580272, 6.545806 ] }, { "date": "2024-09-06", "close": 6.815891, "volume": 575696, "typical_volume": 574032.45, "trend": 6.51868, "fair_value": 6.004223, "relative_strength": -0.481754, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 79.51706, "energy": 83.849036, "activity_lines": [ 6.751852, 6.687881, 6.607049, 6.56593 ] }, { "date": "2024-09-13", "close": 6.865417, "volume": 496093, "typical_volume": 580723.85, "trend": 6.53378, "fair_value": 6.004365, "relative_strength": -3.523767, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 80.009079, "energy": 86.581043, "activity_lines": [ 6.801211, 6.731255, 6.636181, 6.5883 ] }, { "date": "2024-09-20", "close": 6.914281, "volume": 1030187, "typical_volume": 613461.85, "trend": 6.550762, "fair_value": 6.005193, "relative_strength": -4.065661, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 82.514046, "energy": 90.028236, "activity_lines": [ 6.847913, 6.775865, 6.667812, 6.612849 ] }, { "date": "2024-09-27", "close": 6.955002, "volume": 510822, "typical_volume": 614812.7, "trend": 6.567834, "fair_value": 6.006694, "relative_strength": -3.901092, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 82.09818, "energy": 91.22822, "activity_lines": [ 6.893564, 6.819936, 6.701488, 6.638929 ] }, { "date": "2024-10-04", "close": 7.101594, "volume": 960032, "typical_volume": 644857.0, "trend": 6.587474, "fair_value": 6.008867, "relative_strength": -1.994948, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 90.692333, "energy": 94.569181, "activity_lines": [ 6.974503, 6.882412, 6.747029, 6.673365 ] }, { "date": "2024-10-11", "close": 7.119022, "volume": 1128448, "typical_volume": 683136.45, "trend": 6.613072, "fair_value": 6.011228, "relative_strength": -2.785247, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 84.54106, "energy": 92.316879, "activity_lines": [ 7.037365, 6.938451, 6.791548, 6.707658 ] }, { "date": "2024-10-18", "close": 7.045037, "volume": 756069, "typical_volume": 708710.95, "trend": 6.630827, "fair_value": 6.013566, "relative_strength": -4.5768, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.711305, "energy": 81.090321, "activity_lines": [ 7.055356, 6.973149, 6.825994, 6.735527 ] }, { "date": "2024-10-25", "close": 7.003934, "volume": 430179, "typical_volume": 705370.3, "trend": 6.647212, "fair_value": 6.015979, "relative_strength": -4.122709, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.943297, "energy": 65.7691, "activity_lines": [ 7.047672, 6.99194, 6.853889, 6.759598 ] }, { "date": "2024-11-01", "close": 7.020375, "volume": 529538, "typical_volume": 708426.45, "trend": 6.66261, "fair_value": 6.018309, "relative_strength": -2.387149, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.435027, "energy": 62.272068, "activity_lines": [ 7.039491, 7.008102, 6.881096, 6.783673 ] }, { "date": "2024-11-08", "close": 7.028596, "volume": 884674, "typical_volume": 700235.4, "trend": 6.685458, "fair_value": 6.020987, "relative_strength": -6.534616, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 59.989724, "energy": 54.986363, "activity_lines": [ 7.029692, 7.020868, 6.90672, 6.807285 ] }, { "date": "2024-11-15", "close": 6.872521, "volume": 1004536, "typical_volume": 721505.95, "trend": 6.703879, "fair_value": 6.023573, "relative_strength": -6.460743, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 43.882439, "energy": 36.042995, "activity_lines": [ 6.972735, 7.000069, 6.914738, 6.819354 ] }, { "date": "2024-11-22", "close": 6.980423, "volume": 565133, "typical_volume": 717032.05, "trend": 6.722795, "fair_value": 6.027837, "relative_strength": -6.343087, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 40.200153, "energy": 30.402316, "activity_lines": [ 6.968178, 6.997859, 6.930996, 6.837196 ] }, { "date": "2024-11-29", "close": 7.055125, "volume": 485998, "typical_volume": 711236.3, "trend": 6.740324, "fair_value": 6.032391, "relative_strength": -6.211384, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 50.603753, "energy": 33.93145, "activity_lines": [ 6.99283, 7.00714, 6.951817, 6.858636 ] }, { "date": "2024-12-06", "close": 7.088325, "volume": 833021, "typical_volume": 721214.25, "trend": 6.75944, "fair_value": 6.036394, "relative_strength": -6.337984, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 64.80698, "energy": 40.858443, "activity_lines": [ 7.025135, 7.019897, 6.973049, 6.881088 ] }, { "date": "2024-12-13", "close": 7.039767, "volume": 745812, "typical_volume": 734565.35, "trend": 6.776155, "fair_value": 6.039665, "relative_strength": -6.185733, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 56.781381, "energy": 42.556607, "activity_lines": [ 7.036725, 7.021401, 6.986862, 6.899174 ] }, { "date": "2024-12-20", "close": 6.981102, "volume": 876999, "typical_volume": 745417.1, "trend": 6.792741, "fair_value": 6.042675, "relative_strength": -5.00067, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 54.295563, "energy": 39.189899, "activity_lines": [ 7.028015, 7.013363, 6.992866, 6.912396 ] }, { "date": "2024-12-27", "close": 6.972722, "volume": 382867, "typical_volume": 718354.4, "trend": 6.808787, "fair_value": 6.045479, "relative_strength": -5.481501, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 50.067825, "energy": 31.154128, "activity_lines": [ 7.009273, 7.006309, 6.996662, 6.924008 ] }, { "date": "2025-01-03", "close": 7.106812, "volume": 741533, "typical_volume": 719607.65, "trend": 6.827998, "fair_value": 6.049218, "relative_strength": -2.894177, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 64.995095, "energy": 36.446614, "activity_lines": [ 7.035741, 7.024949, 7.011365, 6.943235 ] }, { "date": "2025-01-10", "close": 7.106812, "volume": 909971, "typical_volume": 713730.95, "trend": 6.84743, "fair_value": 6.054139, "relative_strength": -0.759331, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.124523, "energy": 38.30368, "activity_lines": [ 7.058763, 7.041719, 7.024106, 6.961223 ] }, { "date": "2025-01-17", "close": 7.116204, "volume": 718043, "typical_volume": 728282.55, "trend": 6.869548, "fair_value": 6.05966, "relative_strength": -3.250485, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 62.860064, "energy": 42.780918, "activity_lines": [ 7.083683, 7.058625, 7.036049, 6.978563 ] }, { "date": "2025-01-24", "close": 7.116204, "volume": 603717, "typical_volume": 729683.6, "trend": 6.891929, "fair_value": 6.065757, "relative_strength": -4.667728, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 61.017126, "energy": 56.853217, "activity_lines": [ 7.103508, 7.073938, 7.046216, 6.994477 ] }, { "date": "2025-01-31", "close": 7.158512, "volume": 537804, "typical_volume": 731769.15, "trend": 6.915721, "fair_value": 6.071857, "relative_strength": -2.944188, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.494825, "energy": 59.260207, "activity_lines": [ 7.128428, 7.092513, 7.058983, 7.011675 ] }, { "date": "2025-02-07", "close": 7.175436, "volume": 980745, "typical_volume": 729297.05, "trend": 6.938988, "fair_value": 6.078525, "relative_strength": -2.40112, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 67.812294, "energy": 57.640519, "activity_lines": [ 7.146604, 7.110928, 7.071965, 7.028431 ] }, { "date": "2025-02-14", "close": 7.252694, "volume": 979252, "typical_volume": 752718.55, "trend": 6.964032, "fair_value": 6.085378, "relative_strength": -2.625843, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 79.119597, "energy": 72.759345, "activity_lines": [ 7.185957, 7.141201, 7.091062, 7.04867 ] }, { "date": "2025-02-21", "close": 7.252694, "volume": 534945, "typical_volume": 731464.2, "trend": 6.98668, "fair_value": 6.09227, "relative_strength": -0.935027, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 75.229782, "energy": 77.190899, "activity_lines": [ 7.215585, 7.168486, 7.108741, 7.067294 ] }, { "date": "2025-02-28", "close": 7.303949, "volume": 677427, "typical_volume": 708913.15, "trend": 7.007309, "fair_value": 6.098909, "relative_strength": 0.800717, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 79.401961, "energy": 82.673151, "activity_lines": [ 7.253199, 7.201219, 7.130583, 7.087763 ] }, { "date": "2025-03-07", "close": 7.312492, "volume": 807644, "typical_volume": 711491.9, "trend": 7.031683, "fair_value": 6.106882, "relative_strength": 4.149937, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 75.85353, "energy": 84.193365, "activity_lines": [ 7.281144, 7.229635, 7.152357, 7.107452 ] }, { "date": "2025-03-14", "close": 7.296685, "volume": 925582, "typical_volume": 736262.05, "trend": 7.051743, "fair_value": 6.114089, "relative_strength": 6.280705, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 68.058243, "energy": 76.419322, "activity_lines": [ 7.293555, 7.248999, 7.171352, 7.124549 ] }, { "date": "2025-03-21", "close": 7.357059, "volume": 656930, "typical_volume": 742631.65, "trend": 7.071933, "fair_value": 6.122504, "relative_strength": 6.551674, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 77.723038, "energy": 79.128369, "activity_lines": [ 7.318007, 7.275888, 7.194703, 7.144247 ] }, { "date": "2025-03-28", "close": 7.365684, "volume": 484667, "typical_volume": 722631.3, "trend": 7.092679, "fair_value": 6.129606, "relative_strength": 8.163882, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 74.683367, "energy": 73.325822, "activity_lines": [ 7.338376, 7.299796, 7.217273, 7.163198 ] }, { "date": "2025-04-04", "close": 6.848189, "volume": 1334675, "typical_volume": 739138.25, "trend": 7.093756, "fair_value": 6.133893, "relative_strength": 10.462922, "stage": 2, "regime": "rotation_down", "modifier": "Structural failure", "gate": "up", "direction": 7.382224, "energy": 9.829325, "activity_lines": [ 7.178715, 7.225077, 7.188951, 7.147425 ] }, { "date": "2025-04-11", "close": 6.840772, "volume": 1679343, "typical_volume": 794848.75, "trend": 7.092934, "fair_value": 6.138173, "relative_strength": 4.381608, "stage": 2, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -28.22847, "energy": 27.37114, "activity_lines": [ 7.046965, 7.153883, 7.16004, 7.131103 ] }, { "date": "2025-04-18", "close": 7.058631, "volume": 523354, "typical_volume": 796716.55, "trend": 7.097746, "fair_value": 6.144716, "relative_strength": 9.163812, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -11.897837, "energy": 25.789363, "activity_lines": [ 7.019282, 7.128077, 7.152542, 7.12889 ] }, { "date": "2025-04-25", "close": 7.171917, "volume": 600171, "typical_volume": 785074.05, "trend": 7.104976, "fair_value": 6.152458, "relative_strength": 5.994144, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -9.599689, "energy": 24.410615, "activity_lines": [ 7.045232, 7.124992, 7.155816, 7.133675 ] }, { "date": "2025-05-02", "close": 7.250346, "volume": 613648, "typical_volume": 778465.85, "trend": 7.109935, "fair_value": 6.160786, "relative_strength": 4.128313, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": 4.841539, "energy": 10.171896, "activity_lines": [ 7.109668, 7.137635, 7.166162, 7.143054 ] }, { "date": "2025-05-09", "close": 7.241632, "volume": 442931, "typical_volume": 756762.45, "trend": 7.114022, "fair_value": 6.170904, "relative_strength": 4.42219, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 38.092801, "energy": 20.22, "activity_lines": [ 7.178889, 7.148737, 7.174674, 7.151551 ] }, { "date": "2025-05-16", "close": 7.312567, "volume": 428034, "typical_volume": 759020.8, "trend": 7.122939, "fair_value": 6.181477, "relative_strength": 0.17745, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 46.768701, "energy": 31.131847, "activity_lines": [ 7.245524, 7.173869, 7.188703, 7.16436 ] }, { "date": "2025-05-23", "close": 7.242169, "volume": 483858, "typical_volume": 746137.05, "trend": 7.130881, "fair_value": 6.190327, "relative_strength": 1.781647, "stage": 3, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 40.942783, "energy": 29.14822, "activity_lines": [ 7.257241, 7.1862, 7.194408, 7.172052 ] }, { "date": "2025-05-30", "close": 7.330166, "volume": 295617, "typical_volume": 715419.35, "trend": 7.141207, "fair_value": 6.200376, "relative_strength": 1.226017, "stage": 3, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 57.159121, "energy": 43.418106, "activity_lines": [ 7.286054, 7.215522, 7.207849, 7.184909 ] }, { "date": "2025-06-06", "close": 7.347766, "volume": 618248, "typical_volume": 710429.6, "trend": 7.151846, "fair_value": 6.21105, "relative_strength": -0.163338, "stage": 3, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 57.152488, "energy": 48.036891, "activity_lines": [ 7.310184, 7.248533, 7.221903, 7.198236 ] }, { "date": "2025-06-13", "close": 7.357711, "volume": 557485, "typical_volume": 708118.0, "trend": 7.168019, "fair_value": 6.225398, "relative_strength": 0.306183, "stage": 3, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 56.614413, "energy": 41.008055, "activity_lines": [ 7.331135, 7.283677, 7.235801, 7.211517 ] }, { "date": "2025-06-20", "close": 7.348825, "volume": 343314, "typical_volume": 698393.5, "trend": 7.180299, "fair_value": 6.237964, "relative_strength": 0.288577, "stage": 3, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 55.291706, "energy": 40.935064, "activity_lines": [ 7.341385, 7.307942, 7.247703, 7.223182 ] }, { "date": "2025-06-27", "close": 7.375483, "volume": 607837, "typical_volume": 679748.1, "trend": 7.190978, "fair_value": 6.249177, "relative_strength": -2.725245, "stage": 3, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 56.312278, "energy": 38.389119, "activity_lines": [ 7.358103, 7.327817, 7.261238, 7.235775 ] }, { "date": "2025-07-04", "close": 7.411028, "volume": 592375, "typical_volume": 660404.25, "trend": 7.201734, "fair_value": 6.26021, "relative_strength": -3.899759, "stage": 3, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 62.655685, "energy": 48.434973, "activity_lines": [ 7.377782, 7.348393, 7.277205, 7.249972 ] }, { "date": "2025-07-11", "close": 7.456703, "volume": 724701, "typical_volume": 669892.05, "trend": 7.215632, "fair_value": 6.272508, "relative_strength": -3.078035, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 74.038624, "energy": 71.552243, "activity_lines": [ 7.407296, 7.372926, 7.296769, 7.266421 ] }, { "date": "2025-07-18", "close": 7.42081, "volume": 510752, "typical_volume": 661558.3, "trend": 7.230289, "fair_value": 6.283766, "relative_strength": -4.128529, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.239686, "energy": 70.785095, "activity_lines": [ 7.417582, 7.387182, 7.311942, 7.279659 ] }, { "date": "2025-07-25", "close": 7.474649, "volume": 468503, "typical_volume": 644601.25, "trend": 7.24702, "fair_value": 6.293872, "relative_strength": -4.803041, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 74.057313, "energy": 77.796967, "activity_lines": [ 7.441609, 7.407968, 7.331687, 7.295424 ] }, { "date": "2025-08-01", "close": 7.5913, "volume": 1090525, "typical_volume": 652848.4, "trend": 7.26317, "fair_value": 6.303673, "relative_strength": -0.849784, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 87.334577, "energy": 87.635295, "activity_lines": [ 7.496131, 7.447017, 7.361768, 7.317635 ] }, { "date": "2025-08-08", "close": 7.681032, "volume": 869014, "typical_volume": 663452.6, "trend": 7.28231, "fair_value": 6.313233, "relative_strength": -2.043629, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 90.241946, "energy": 92.898853, "activity_lines": [ 7.566175, 7.496033, 7.398993, 7.344594 ] }, { "date": "2025-08-15", "close": 7.664515, "volume": 768934, "typical_volume": 677665.95, "trend": 7.300587, "fair_value": 6.323709, "relative_strength": -3.157387, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 81.061526, "energy": 91.486057, "activity_lines": [ 7.612714, 7.535667, 7.433103, 7.369252 ] }, { "date": "2025-08-22", "close": 7.646395, "volume": 719185, "typical_volume": 646891.45, "trend": 7.31826, "fair_value": 6.334599, "relative_strength": -3.61954, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 71.043285, "energy": 88.334101, "activity_lines": [ 7.639359, 7.566247, 7.464063, 7.391563 ] }, { "date": "2025-08-29", "close": 7.700754, "volume": 586685, "typical_volume": 592258.55, "trend": 7.336335, "fair_value": 6.347102, "relative_strength": -2.868894, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 77.346977, "energy": 89.868224, "activity_lines": [ 7.669084, 7.601461, 7.496399, 7.41624 ] }, { "date": "2025-09-05", "close": 7.746052, "volume": 876861, "typical_volume": 609933.9, "trend": 7.355356, "fair_value": 6.359564, "relative_strength": -2.505711, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 80.707951, "energy": 87.853092, "activity_lines": [ 7.698835, 7.638513, 7.528955, 7.442673 ] }, { "date": "2025-09-12", "close": 7.7745, "volume": 1436186, "typical_volume": 651734.65, "trend": 7.372749, "fair_value": 6.373732, "relative_strength": -3.579594, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 79.462606, "energy": 74.991255, "activity_lines": [ 7.727752, 7.674, 7.560946, 7.469715 ] }, { "date": "2025-09-19", "close": 7.7745, "volume": 724695, "typical_volume": 657287.0, "trend": 7.390143, "fair_value": 6.390042, "relative_strength": -4.666553, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 74.185065, "energy": 68.290025, "activity_lines": [ 7.750437, 7.702878, 7.590068, 7.495634 ] }, { "date": "2025-09-26", "close": 7.728767, "volume": 1032599, "typical_volume": 686770.4, "trend": 7.404303, "fair_value": 6.406759, "relative_strength": -4.862881, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.54119, "energy": 64.575753, "activity_lines": [ 7.750546, 7.717663, 7.612338, 7.517481 ] }, { "date": "2025-10-03", "close": 7.783646, "volume": 998773, "typical_volume": 715307.35, "trend": 7.420008, "fair_value": 6.423251, "relative_strength": -5.109651, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 70.724132, "energy": 64.332947, "activity_lines": [ 7.763457, 7.736826, 7.637516, 7.541954 ] }, { "date": "2025-10-10", "close": 7.856818, "volume": 2267411, "typical_volume": 804485.0, "trend": 7.43868, "fair_value": 6.440993, "relative_strength": -1.781245, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 78.804127, "energy": 66.088267, "activity_lines": [ 7.795232, 7.763676, 7.667419, 7.570136 ] }, { "date": "2025-10-17", "close": 7.766194, "volume": 1313989, "typical_volume": 855403.6, "trend": 7.452317, "fair_value": 6.457696, "relative_strength": -4.499461, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.281467, "energy": 54.052109, "activity_lines": [ 7.789414, 7.76922, 7.685764, 7.591266 ] }, { "date": "2025-10-24", "close": 7.775428, "volume": 1168840, "typical_volume": 882933.2, "trend": 7.465975, "fair_value": 6.472794, "relative_strength": -6.089149, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 59.659538, "energy": 49.414175, "activity_lines": [ 7.787229, 7.774896, 7.702912, 7.612112 ] }, { "date": "2025-10-31", "close": 7.8216, "volume": 932583, "typical_volume": 901688.1, "trend": 7.498423, "fair_value": 6.487938, "relative_strength": -6.053571, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.78877, "energy": 50.199804, "activity_lines": [ 7.800372, 7.786949, 7.722421, 7.635055 ] }, { "date": "2025-11-07", "close": 7.766194, "volume": 817479, "typical_volume": 925396.35, "trend": 7.52927, "fair_value": 6.502596, "relative_strength": -5.129836, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 56.034915, "energy": 40.596463, "activity_lines": [ 7.788857, 7.785743, 7.734444, 7.652331 ] }, { "date": "2025-11-14", "close": 7.749017, "volume": 828361, "typical_volume": 936422.55, "trend": 7.552283, "fair_value": 6.517186, "relative_strength": -5.42386, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 42.850412, "energy": 31.706252, "activity_lines": [ 7.772781, 7.780225, 7.742844, 7.666508 ] }, { "date": "2025-11-21", "close": 7.749017, "volume": 1122322, "typical_volume": 962919.9, "trend": 7.571519, "fair_value": 6.53144, "relative_strength": -3.556564, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 38.413753, "energy": 25.987574, "activity_lines": [ 7.763891, 7.774652, 7.749465, 7.6792 ] }, { "date": "2025-11-28", "close": 7.870242, "volume": 953427, "typical_volume": 974356.2, "trend": 7.592183, "fair_value": 6.545967, "relative_strength": -5.489594, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 62.729654, "energy": 35.131461, "activity_lines": [ 7.796554, 7.791584, 7.766022, 7.698473 ] }, { "date": "2025-12-05", "close": 7.935516, "volume": 1356955, "typical_volume": 1016666.35, "trend": 7.615312, "fair_value": 6.561369, "relative_strength": -4.990867, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 70.328797, "energy": 44.694365, "activity_lines": [ 7.844655, 7.818642, 7.786826, 7.720623 ] }, { "date": "2025-12-12", "close": 7.86186, "volume": 1212683, "typical_volume": 1053875.35, "trend": 7.633622, "fair_value": 6.576511, "relative_strength": -5.291169, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 56.451758, "energy": 43.874176, "activity_lines": [ 7.860609, 7.82855, 7.798165, 7.73653 ] }, { "date": "2025-12-19", "close": 7.890106, "volume": 1071159, "typical_volume": 1052907.05, "trend": 7.65522, "fair_value": 6.59247, "relative_strength": -5.012512, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 60.788361, "energy": 56.074039, "activity_lines": [ 7.879601, 7.842172, 7.810349, 7.753077 ] }, { "date": "2025-12-26", "close": 7.908937, "volume": 765825, "typical_volume": 1047747.6, "trend": 7.674512, "fair_value": 6.608762, "relative_strength": -6.067461, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 62.551272, "energy": 56.665832, "activity_lines": [ 7.895464, 7.858611, 7.822904, 7.769446 ] }, { "date": "2026-01-02", "close": 7.96543, "volume": 1797129, "typical_volume": 1099157.35, "trend": 7.695101, "fair_value": 6.624186, "relative_strength": -4.334351, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 69.387493, "energy": 50.815872, "activity_lines": [ 7.919497, 7.882728, 7.839755, 7.788215 ] }, { "date": "2026-01-09", "close": 7.974845, "volume": 1034476, "typical_volume": 1114921.9, "trend": 7.715672, "fair_value": 6.638943, "relative_strength": -5.591935, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 69.390651, "energy": 56.23291, "activity_lines": [ 7.940322, 7.905101, 7.856068, 7.806263 ] }, { "date": "2026-01-16", "close": 7.994994, "volume": 890493, "typical_volume": 1130112.3, "trend": 7.737211, "fair_value": 6.653316, "relative_strength": -4.950231, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 70.890933, "energy": 65.910852, "activity_lines": [ 7.965241, 7.928351, 7.872737, 7.824284 ] }, { "date": "2026-01-23", "close": 7.994994, "volume": 951882, "typical_volume": 1133863.35, "trend": 7.757861, "fair_value": 6.667174, "relative_strength": -4.578598, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 67.987963, "energy": 66.975469, "activity_lines": [ 7.981285, 7.947442, 7.888005, 7.840915 ] }, { "date": "2026-01-30", "close": 7.994994, "volume": 778266, "typical_volume": 1100967.35, "trend": 7.777327, "fair_value": 6.679876, "relative_strength": -4.884202, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.541347, "energy": 64.386592, "activity_lines": [ 7.990337, 7.96206, 7.902087, 7.856214 ] }, { "date": "2026-02-06", "close": 8.03302, "volume": 675021, "typical_volume": 1098483.65, "trend": 7.796538, "fair_value": 6.693288, "relative_strength": -4.176431, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 71.428316, "energy": 65.760913, "activity_lines": [ 8.006326, 7.97912, 7.918741, 7.87271 ] }, { "date": "2026-02-13", "close": 8.063148, "volume": 1101954, "typical_volume": 1101951.4, "trend": 7.817949, "fair_value": 6.707886, "relative_strength": -2.533577, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 73.68471, "energy": 62.631738, "activity_lines": [ 8.027852, 7.998697, 7.937033, 7.889911 ] }, { "date": "2026-02-20", "close": 8.034351, "volume": 600582, "typical_volume": 1082041.85, "trend": 7.836606, "fair_value": 6.722775, "relative_strength": -3.875641, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 64.927536, "energy": 58.940852, "activity_lines": [ 8.033893, 8.010719, 7.95099, 7.903872 ] }, { "date": "2026-02-27", "close": 8.091945, "volume": 963068, "typical_volume": 1016824.7, "trend": 7.853294, "fair_value": 6.737126, "relative_strength": -2.602151, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 75.483389, "energy": 69.233276, "activity_lines": [ 8.056507, 8.030076, 7.969239, 7.920346 ] }, { "date": "2026-03-06", "close": 7.976757, "volume": 1152380, "typical_volume": 1008744.25, "trend": 7.863151, "fair_value": 6.752029, "relative_strength": -1.892164, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 60.922429, "energy": 46.198664, "activity_lines": [ 8.034262, 8.02482, 7.975398, 7.928311 ] }, { "date": "2026-03-13", "close": 7.736779, "volume": 1626575, "typical_volume": 1031631.0, "trend": 7.86556, "fair_value": 6.766223, "relative_strength": -3.173074, "stage": 2, "regime": "rotation_down", "modifier": "Structural failure", "gate": "up", "direction": 4.159772, "energy": 11.378879, "activity_lines": [ 7.933241, 7.974698, 7.957698, 7.920158 ] }, { "date": "2026-03-20", "close": 7.513789, "volume": 1359265, "typical_volume": 1052965.1, "trend": 7.86114, "fair_value": 6.779512, "relative_strength": -3.994285, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "mixed", "direction": -45.703789, "energy": 45.865952, "activity_lines": [ 7.777638, 7.88819, 7.918946, 7.897463 ] }, { "date": "2026-03-27", "close": 7.475008, "volume": 1767014, "typical_volume": 1100441.85, "trend": 7.853615, "fair_value": 6.791941, "relative_strength": -2.055998, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -47.942949, "energy": 58.111837, "activity_lines": [ 7.645733, 7.803014, 7.877966, 7.872551 ] }, { "date": "2026-04-03", "close": 7.707694, "volume": 962883, "typical_volume": 1107167.95, "trend": 7.852336, "fair_value": 6.805599, "relative_strength": -2.048798, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -34.994707, "energy": 59.595278, "activity_lines": [ 7.628679, 7.769599, 7.860534, 7.863137 ] }, { "date": "2026-04-10", "close": 7.843427, "volume": 689962, "typical_volume": 1085549.95, "trend": 7.854634, "fair_value": 6.820384, "relative_strength": -3.571642, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -33.730535, "energy": 58.175396, "activity_lines": [ 7.682486, 7.766086, 7.856225, 7.862562 ] }, { "date": "2026-04-17", "close": 7.88386, "volume": 762662, "typical_volume": 1076011.7, "trend": 7.858279, "fair_value": 6.836002, "relative_strength": -6.893916, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -22.257556, "energy": 23.146352, "activity_lines": [ 7.75866, 7.77268, 7.855317, 7.864448 ] }, { "date": "2026-04-24", "close": 7.874066, "volume": 745260, "typical_volume": 1045426.95, "trend": 7.863123, "fair_value": 6.851248, "relative_strength": -7.183424, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -2.067176, "energy": 10.543744, "activity_lines": [ 7.821763, 7.780205, 7.853412, 7.865466 ] }, { "date": "2026-05-01", "close": 7.923448, "volume": 811505, "typical_volume": 1025368.05, "trend": 7.867783, "fair_value": 6.866017, "relative_strength": -7.178861, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 12.192664, "energy": 19.914121, "activity_lines": [ 7.877309, 7.800147, 7.856502, 7.869358 ] }, { "date": "2026-05-08", "close": 7.891127, "volume": 840821, "typical_volume": 1013851.15, "trend": 7.868926, "fair_value": 6.881014, "relative_strength": -9.348542, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 8.271169, "energy": 17.680584, "activity_lines": [ 7.892185, 7.816229, 7.856221, 7.870864 ] }, { "date": "2026-05-15", "close": 7.628588, "volume": 1014322, "typical_volume": 1026276.0, "trend": 7.864339, "fair_value": 6.894507, "relative_strength": -12.244094, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -45.87415, "energy": 20.450905, "activity_lines": [ 7.807319, 7.788228, 7.830931, 7.855359 ] }, { "date": "2026-05-22", "close": 7.628588, "volume": 1221144, "typical_volume": 997476.75, "trend": 7.859445, "fair_value": 6.908737, "relative_strength": -12.660195, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -56.996797, "energy": 32.87057, "activity_lines": [ 7.736776, 7.766557, 7.806976, 7.840149 ] }, { "date": "2026-05-29", "close": 7.786899, "volume": 513984, "typical_volume": 971452.15, "trend": 7.858288, "fair_value": 6.922487, "relative_strength": -11.79418, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -46.010658, "energy": 32.516864, "activity_lines": [ 7.736021, 7.775637, 7.799702, 7.835468 ] }, { "date": "2026-06-05", "close": 7.569222, "volume": 964183, "typical_volume": 975136.65, "trend": 7.851722, "fair_value": 6.935103, "relative_strength": -11.747806, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -64.440384, "energy": 55.125427, "activity_lines": [ 7.668518, 7.740173, 7.772593, 7.816819 ] }, { "date": "2026-06-12", "close": 7.589971, "volume": 1011605, "typical_volume": 978122.8, "trend": 7.846421, "fair_value": 6.947762, "relative_strength": -11.680775, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.536312, "energy": 58.876187, "activity_lines": [ 7.631547, 7.706769, 7.749487, 7.799932 ] }, { "date": "2026-06-19", "close": 7.530597, "volume": 508457, "typical_volume": 964632.35, "trend": 7.83914, "fair_value": 6.95941, "relative_strength": -12.829584, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -68.06702, "energy": 63.314867, "activity_lines": [ 7.594861, 7.664711, 7.722655, 7.779556 ] }, { "date": "2026-06-26", "close": 7.659241, "volume": 1063089, "typical_volume": 984035.75, "trend": 7.832107, "fair_value": 6.971658, "relative_strength": -8.936439, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -58.201807, "energy": 58.363816, "activity_lines": [ 7.60759, 7.65173, 7.710286, 7.76795 ] }, { "date": "2026-07-03", "close": 7.768093, "volume": 772635, "typical_volume": 967569.8, "trend": 7.826526, "fair_value": 6.984378, "relative_strength": -9.365847, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -50.589042, "energy": 33.436682, "activity_lines": [ 7.654559, 7.662624, 7.710064, 7.76382 ] }, { "date": "2026-07-10", "close": 7.758197, "volume": 1578616, "typical_volume": 1016471.5, "trend": 7.823071, "fair_value": 6.996986, "relative_strength": -10.429344, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -36.154307, "energy": 19.82151, "activity_lines": [ 7.699483, 7.673646, 7.710304, 7.759411 ] }, { "date": "2026-07-17", "close": 7.82, "volume": 3093622, "typical_volume": 1122999.2, "trend": 7.820734, "fair_value": 7.010127, "relative_strength": -8.078515, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -15.652252, "energy": 16.63286, "activity_lines": [ 7.75241, 7.698909, 7.717745, 7.759213 ] }, { "date": "2026-07-24", "close": 7.67, "volume": 890420, "typical_volume": 1109901.2, "trend": 7.812769, "fair_value": 7.021488, "relative_strength": -9.083337, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -28.939731, "energy": 20.173206, "activity_lines": [ 7.740001, 7.698193, 7.712196, 7.749489 ] }, { "date": "2026-07-31", "close": 7.72, "volume": 697222, "typical_volume": 1063433.55, "trend": 7.804588, "fair_value": 7.033397, "relative_strength": -9.175255, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -24.259164, "energy": 15.088932, "activity_lines": [ 7.734966, 7.705814, 7.71287, 7.743504 ] }, { "date": "2026-08-07", "close": 7.8, "volume": 685338, "typical_volume": 1029737.2, "trend": 7.79876, "fair_value": 7.045811, "relative_strength": -11.03099, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -5.953557, "energy": 8.029329, "activity_lines": [ 7.752546, 7.726319, 7.721242, 7.743208 ] } ], "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." } } }