{ "ticker": { "uuid": "450ec0fd-ae65-4359-a233-2427d3e391e7", "symbol": "CIC", "name": "CI Canadian Banks Covered Call Income Class ETF", "exchange": "TOR", "country": "CA", "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": "^GSPTSE", "stage": 2, "stage_name": "Advancing", "phase": "2b", "phase_label": "Stage 2B \u00b7 Advancing", "transition": "stage_2_healthy", "transition_label": "Stage 2 trend intact", "confidence": 96.0, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Established expansion", "architecture_gate": "up", "architecture_direction": 64.849, "architecture_energy": 65.446, "architecture_maturity": 91.745, "architecture_confidence": 76.033, "architecture_tenure": "Established", "architecture": { "interpretation": { "headline": "The weekly architecture is expanding upward.", "body": "Trend and Activity show sustained positive alignment with constructive price acceptance. Directional energy remains positive; cooling within this regime can indicate that it is maturing." }, "scores": { "balance": 18.65, "rotation_up": 52.87, "upward_expansion": 83.0, "deceleration": 71.44, "rotation_down": 28.89, "downward_expansion": 12.0 }, "activity_lines": [ 18.974411, 18.864097, 18.255596, 17.629013 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.5 }, "latest_close": 18.940001, "trend_reference": 16.849716, "distance_from_trend": 0.124055, "trend_direction": "Improving", "fair_value": 11.873084, "distance_from_fair_value": 0.595205, "fair_value_direction": "Improving", "relative_strength": 8.315581, "relative_strength_direction": "Improving", "price_momentum": 0.221325, "excess_performance": 0.100904, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.124055, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.085629, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.595205, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.072194, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.083156, "read": "Leading" }, { "label": "Relative strength direction", "positive": true, "value": 0.010553, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.221325, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 2.022459, "read": "Demand-led" } ], "volume": { "latest": 80600, "relative_activity": 2.009474, "balance": 2.022459, "dry_up": 1.981426, "accumulation_observations": 3, "distribution_observations": 3 }, "risk": { "range_context": 0.022992, "annualized_volatility": 0.138352, "from_high_reference": -0.024613, "from_low_reference": 0.529036 }, "levels": { "trend_reference": 16.849716, "fair_value_reference": 11.873084, "structural_low": 14.822788, "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 38, "median_return": 0.015895, "positive_rate": 0.710526, "directional_follow_through": 0.710526, "median_excess_return": 0.002565, "regime_survival": 0.763158, "best_return": 0.126313, "worst_return": -0.06372, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 13, "median_return": 0.0372, "positive_rate": 0.769231, "directional_follow_through": 0.769231, "median_excess_return": 0.00683, "regime_survival": 0.615385, "best_return": 0.194091, "worst_return": -0.062946, "sufficient": true }, { "horizon": "Extended", "sample_count": 8, "median_return": 0.106531, "positive_rate": 0.75, "directional_follow_through": 0.75, "median_excess_return": 0.033213, "regime_survival": 0.625, "best_return": 0.265476, "worst_return": -0.120227, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 4, "median_return": 0.12717, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": 0.052177, "regime_survival": 0.75, "best_return": 0.326254, "worst_return": -0.034736, "sufficient": false } ], "ledger": [ { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2023-09-08", "end": "2023-12-15", "tenure": "Established", "return": 0.059944, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2023-12-22", "end": "2024-01-12", "tenure": "New", "return": -0.015023, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-01-19", "end": "2024-04-26", "tenure": "Established", "return": 0.042413, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-05-03", "end": "2024-05-17", "tenure": "New", "return": 0.028837, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-05-24", "end": "2024-06-21", "tenure": "Developing", "return": -0.051002, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-06-28", "end": "2024-07-26", "tenure": "Developing", "return": 0.054913, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-08-02", "end": "2025-02-21", "tenure": "Extended", "return": 0.169723, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-02-28", "end": "2025-03-21", "tenure": "New", "return": -0.040664, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-03-28", "end": "2025-04-18", "tenure": "New", "return": -0.015679, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-04-25", "end": "2025-05-16", "tenure": "New", "return": 0.059896, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-05-23", "end": "2025-06-06", "tenure": "New", "return": 0.019895, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-06-13", "end": "2026-03-20", "tenure": "Extended", "return": 0.272076, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-03-27", "end": "2026-04-17", "tenure": "New", "return": 0.118116, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-04-24", "end": "2026-08-07", "tenure": "Established", "return": 0.143828, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 8.489446, "volume": 83200, "typical_volume": 45665.0, "trend": 8.768279, "fair_value": 8.626049, "relative_strength": -2.387286, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "down", "direction": -39.958978, "energy": 17.578593, "activity_lines": [ 8.71747, 8.729647, 8.688488, 8.696526 ] }, { "date": "2023-08-25", "close": 8.366408, "volume": 68000, "typical_volume": 45405.0, "trend": 8.742702, "fair_value": 8.637751, "relative_strength": -3.791838, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -57.129871, "energy": 36.684665, "activity_lines": [ 8.57803, 8.668852, 8.658411, 8.670599 ] }, { "date": "2023-09-01", "close": 8.530457, "volume": 70400, "typical_volume": 47950.0, "trend": 8.717607, "fair_value": 8.651266, "relative_strength": -5.181696, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -50.556351, "energy": 39.473023, "activity_lines": [ 8.530457, 8.643202, 8.645121, 8.656905 ] }, { "date": "2023-09-08", "close": 8.325395, "volume": 45500, "typical_volume": 48900.0, "trend": 8.68489, "fair_value": 8.663465, "relative_strength": -5.159036, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -70.26978, "energy": 62.385174, "activity_lines": [ 8.440777, 8.576986, 8.613334, 8.631601 ] }, { "date": "2023-09-15", "close": 8.612481, "volume": 15900, "typical_volume": 46725.0, "trend": 8.661216, "fair_value": 8.678054, "relative_strength": -4.351435, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -54.801536, "energy": 56.731995, "activity_lines": [ 8.478508, 8.56938, 8.611278, 8.62693 ] }, { "date": "2023-09-22", "close": 8.374057, "volume": 45900, "typical_volume": 46185.0, "trend": 8.636157, "fair_value": 8.691775, "relative_strength": -2.89407, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.261799, "energy": 53.615885, "activity_lines": [ 8.448248, 8.518723, 8.587423, 8.608403 ] }, { "date": "2023-09-29", "close": 8.28231, "volume": 31000, "typical_volume": 45895.0, "trend": 8.605678, "fair_value": 8.704518, "relative_strength": -2.640959, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -71.376782, "energy": 60.364225, "activity_lines": [ 8.395098, 8.458553, 8.556378, 8.585575 ] }, { "date": "2023-10-06", "close": 8.082135, "volume": 53900, "typical_volume": 47775.0, "trend": 8.584799, "fair_value": 8.715068, "relative_strength": -3.432494, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -79.133539, "energy": 66.465615, "activity_lines": [ 8.28083, 8.373658, 8.508215, 8.551798 ] }, { "date": "2023-10-13", "close": 8.057115, "volume": 42600, "typical_volume": 48235.0, "trend": 8.574371, "fair_value": 8.72589, "relative_strength": -4.629779, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -78.667954, "energy": 80.380332, "activity_lines": [ 8.188109, 8.299523, 8.460491, 8.517754 ] }, { "date": "2023-10-20", "close": 7.781869, "volume": 77300, "typical_volume": 49245.0, "trend": 8.555572, "fair_value": 8.734385, "relative_strength": -6.03361, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -86.951083, "energy": 89.171038, "activity_lines": [ 8.021526, 8.188872, 8.388845, 8.466624 ] }, { "date": "2023-10-27", "close": 7.681777, "volume": 77900, "typical_volume": 51175.0, "trend": 8.524608, "fair_value": 8.743712, "relative_strength": -5.210663, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -86.132856, "energy": 93.022308, "activity_lines": [ 7.876952, 8.078255, 8.311308, 8.410251 ] }, { "date": "2023-11-03", "close": 8.140518, "volume": 23000, "typical_volume": 50605.0, "trend": 8.508936, "fair_value": 8.754765, "relative_strength": -4.895762, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.932807, "energy": 76.661706, "activity_lines": [ 7.931445, 8.065731, 8.281349, 8.385471 ] }, { "date": "2023-11-10", "close": 8.123837, "volume": 31300, "typical_volume": 48650.0, "trend": 8.488161, "fair_value": 8.763502, "relative_strength": -4.114326, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.76315, "energy": 53.341469, "activity_lines": [ 7.989829, 8.054281, 8.252269, 8.360625 ] }, { "date": "2023-11-17", "close": 8.340694, "volume": 29300, "typical_volume": 46520.0, "trend": 8.471939, "fair_value": 8.772415, "relative_strength": -3.930427, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -45.459736, "energy": 32.957114, "activity_lines": [ 8.11772, 8.089653, 8.244919, 8.351111 ] }, { "date": "2023-11-24", "close": 8.27397, "volume": 36800, "typical_volume": 45955.0, "trend": 8.454295, "fair_value": 8.779687, "relative_strength": -4.187913, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -34.748848, "energy": 26.492931, "activity_lines": [ 8.204463, 8.112615, 8.232822, 8.338339 ] }, { "date": "2023-12-01", "close": 8.457466, "volume": 52700, "typical_volume": 47150.0, "trend": 8.446245, "fair_value": 8.788049, "relative_strength": -3.62402, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -13.900574, "energy": 21.552157, "activity_lines": [ 8.319566, 8.175094, 8.23989, 8.338544 ] }, { "date": "2023-12-08", "close": 8.565893, "volume": 45200, "typical_volume": 47610.0, "trend": 8.442077, "fair_value": 8.796715, "relative_strength": -1.715437, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -1.020519, "energy": 21.981159, "activity_lines": [ 8.419098, 8.255772, 8.258765, 8.346263 ] }, { "date": "2023-12-15", "close": 8.824454, "volume": 76700, "typical_volume": 49190.0, "trend": 8.447063, "fair_value": 8.807256, "relative_strength": 0.297698, "stage": 1, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "mixed", "direction": 41.413929, "energy": 43.756673, "activity_lines": [ 8.576458, 8.378304, 8.303971, 8.370933 ] }, { "date": "2023-12-22", "close": 9.045782, "volume": 43300, "typical_volume": 48905.0, "trend": 8.463974, "fair_value": 8.819067, "relative_strength": 1.105384, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 49.532109, "energy": 70.421381, "activity_lines": [ 8.760887, 8.52758, 8.37073, 8.40956 ] }, { "date": "2023-12-29", "close": 9.11373, "volume": 30000, "typical_volume": 48995.0, "trend": 8.482882, "fair_value": 8.831448, "relative_strength": 1.518188, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 48.183298, "energy": 77.5266, "activity_lines": [ 8.920959, 8.671236, 8.442796, 8.451479 ] }, { "date": "2024-01-05", "close": 9.122223, "volume": 27200, "typical_volume": 46195.0, "trend": 8.503679, "fair_value": 8.842951, "relative_strength": 1.732984, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 52.254509, "energy": 82.527304, "activity_lines": [ 9.027879, 8.79222, 8.514104, 8.492727 ] }, { "date": "2024-01-12", "close": 8.909883, "volume": 34400, "typical_volume": 44515.0, "trend": 8.512047, "fair_value": 8.852427, "relative_strength": -0.817949, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 67.541938, "energy": 85.479008, "activity_lines": [ 9.019701, 8.848406, 8.562176, 8.518934 ] }, { "date": "2024-01-19", "close": 8.943858, "volume": 47300, "typical_volume": 43360.0, "trend": 8.531842, "fair_value": 8.862831, "relative_strength": 0.00202, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.614204, "energy": 80.642472, "activity_lines": [ 8.999916, 8.896782, 8.610895, 8.546793 ] }, { "date": "2024-01-26", "close": 9.011807, "volume": 40200, "typical_volume": 43095.0, "trend": 8.542966, "fair_value": 8.874558, "relative_strength": -0.217513, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.135534, "energy": 62.100788, "activity_lines": [ 8.994819, 8.942602, 8.664117, 8.577758 ] }, { "date": "2024-02-02", "close": 8.960846, "volume": 87300, "typical_volume": 46665.0, "trend": 8.554031, "fair_value": 8.884672, "relative_strength": -0.493125, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 60.949782, "energy": 54.214605, "activity_lines": [ 8.975001, 8.966955, 8.709218, 8.604718 ] }, { "date": "2024-02-09", "close": 8.918378, "volume": 62800, "typical_volume": 47510.0, "trend": 8.559033, "fair_value": 8.894291, "relative_strength": -0.487678, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 49.116699, "energy": 45.902, "activity_lines": [ 8.95122, 8.971097, 8.748615, 8.628224 ] }, { "date": "2024-02-16", "close": 9.037291, "volume": 43300, "typical_volume": 48125.0, "trend": 8.562804, "fair_value": 8.903697, "relative_strength": -0.196255, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 54.898506, "energy": 46.933102, "activity_lines": [ 8.980665, 8.98848, 8.796745, 8.65908 ] }, { "date": "2024-02-23", "close": 9.139213, "volume": 40700, "typical_volume": 47465.0, "trend": 8.569972, "fair_value": 8.912737, "relative_strength": 0.297609, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 72.22741, "energy": 55.166664, "activity_lines": [ 9.035591, 9.015823, 8.850986, 8.696267 ] }, { "date": "2024-03-01", "close": 9.164693, "volume": 33200, "typical_volume": 46995.0, "trend": 8.582091, "fair_value": 8.920387, "relative_strength": 0.025329, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 73.06228, "energy": 60.16975, "activity_lines": [ 9.085986, 9.042076, 8.902621, 8.734636 ] }, { "date": "2024-03-08", "close": 9.317581, "volume": 23300, "typical_volume": 44295.0, "trend": 8.599852, "fair_value": 8.928041, "relative_strength": 0.881615, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 81.065193, "energy": 80.354913, "activity_lines": [ 9.177152, 9.093965, 8.963542, 8.782087 ] }, { "date": "2024-03-15", "close": 9.33457, "volume": 29700, "typical_volume": 41885.0, "trend": 8.628023, "fair_value": 8.935361, "relative_strength": 0.569301, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 78.626217, "energy": 88.946852, "activity_lines": [ 9.250198, 9.145236, 9.018768, 8.829489 ] }, { "date": "2024-03-22", "close": 9.496166, "volume": 46600, "typical_volume": 43065.0, "trend": 8.665682, "fair_value": 8.943569, "relative_strength": 1.664118, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 87.463755, "energy": 93.6328, "activity_lines": [ 9.349363, 9.222028, 9.081514, 8.885498 ] }, { "date": "2024-03-29", "close": 9.599951, "volume": 30900, "typical_volume": 43045.0, "trend": 8.701331, "fair_value": 8.952893, "relative_strength": 1.905634, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 87.47905, "energy": 94.130508, "activity_lines": [ 9.452532, 9.30703, 9.147689, 8.945773 ] }, { "date": "2024-04-05", "close": 9.548059, "volume": 33300, "typical_volume": 43245.0, "trend": 8.742087, "fair_value": 8.961389, "relative_strength": 0.899941, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 75.017469, "energy": 89.137296, "activity_lines": [ 9.507688, 9.370668, 9.201892, 9.000401 ] }, { "date": "2024-04-12", "close": 9.35779, "volume": 32900, "typical_volume": 43050.0, "trend": 8.766931, "fair_value": 8.96844, "relative_strength": 0.524402, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.46763, "energy": 70.359358, "activity_lines": [ 9.473863, 9.389962, 9.232225, 9.040124 ] }, { "date": "2024-04-19", "close": 9.271305, "volume": 139800, "typical_volume": 47405.0, "trend": 8.796839, "fair_value": 8.974577, "relative_strength": 0.024763, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.641376, "energy": 58.202296, "activity_lines": [ 9.408529, 9.386314, 9.249161, 9.072664 ] }, { "date": "2024-04-26", "close": 9.323194, "volume": 15300, "typical_volume": 45910.0, "trend": 8.831535, "fair_value": 8.98073, "relative_strength": -0.146217, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 48.568085, "energy": 41.858561, "activity_lines": [ 9.364709, 9.385683, 9.267163, 9.106622 ] }, { "date": "2024-05-03", "close": 9.297252, "volume": 31400, "typical_volume": 43645.0, "trend": 8.872039, "fair_value": 8.985816, "relative_strength": -0.325807, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 41.43933, "energy": 28.292333, "activity_lines": [ 9.323773, 9.375138, 9.279088, 9.136669 ] }, { "date": "2024-05-10", "close": 9.504817, "volume": 26900, "typical_volume": 42825.0, "trend": 8.920296, "fair_value": 8.991512, "relative_strength": 0.246265, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 56.431834, "energy": 35.920257, "activity_lines": [ 9.372205, 9.399458, 9.30853, 9.177493 ] }, { "date": "2024-05-17", "close": 9.565356, "volume": 44600, "typical_volume": 43555.0, "trend": 8.979745, "fair_value": 8.99701, "relative_strength": 0.184145, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 73.68852, "energy": 51.833648, "activity_lines": [ 9.4437, 9.428601, 9.341551, 9.21911 ] }, { "date": "2024-05-24", "close": 9.496166, "volume": 55100, "typical_volume": 44950.0, "trend": 9.040225, "fair_value": 9.001074, "relative_strength": 0.117813, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 62.415316, "energy": 50.879597, "activity_lines": [ 9.478294, 9.440659, 9.365832, 9.252427 ] }, { "date": "2024-05-31", "close": 9.409679, "volume": 99400, "typical_volume": 48200.0, "trend": 9.08253, "fair_value": 9.004493, "relative_strength": -0.5441, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 58.579918, "energy": 47.708925, "activity_lines": [ 9.469068, 9.434054, 9.380096, 9.276263 ] }, { "date": "2024-06-07", "close": 9.418334, "volume": 44000, "typical_volume": 48035.0, "trend": 9.12568, "fair_value": 9.008148, "relative_strength": 0.72956, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 55.982292, "energy": 42.28257, "activity_lines": [ 9.456961, 9.430596, 9.392804, 9.297928 ] }, { "date": "2024-06-14", "close": 9.081034, "volume": 90800, "typical_volume": 50565.0, "trend": 9.150358, "fair_value": 9.009866, "relative_strength": -1.164838, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": -2.172424, "energy": 7.767453, "activity_lines": [ 9.324349, 9.369112, 9.371129, 9.295047 ] }, { "date": "2024-06-21", "close": 9.011847, "volume": 113100, "typical_volume": 51855.0, "trend": 9.174954, "fair_value": 9.010498, "relative_strength": -1.481521, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": -17.485685, "energy": 29.606087, "activity_lines": [ 9.196926, 9.30354, 9.342535, 9.286111 ] }, { "date": "2024-06-28", "close": 9.161897, "volume": 90800, "typical_volume": 53255.0, "trend": 9.198435, "fair_value": 9.012457, "relative_strength": -1.257843, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -18.571666, "energy": 33.595719, "activity_lines": [ 9.156421, 9.27154, 9.327989, 9.285269 ] }, { "date": "2024-07-05", "close": 9.232508, "volume": 29800, "typical_volume": 52580.0, "trend": 9.220655, "fair_value": 9.015143, "relative_strength": -1.248953, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -20.075099, "energy": 33.539918, "activity_lines": [ 9.161738, 9.254367, 9.319008, 9.287467 ] }, { "date": "2024-07-12", "close": 9.506128, "volume": 50900, "typical_volume": 53090.0, "trend": 9.243378, "fair_value": 9.019583, "relative_strength": -1.017433, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 28.934144, "energy": 20.00664, "activity_lines": [ 9.270073, 9.288592, 9.335156, 9.305885 ] }, { "date": "2024-07-19", "close": 9.576742, "volume": 21100, "typical_volume": 52485.0, "trend": 9.261077, "fair_value": 9.024704, "relative_strength": -0.300954, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 55.677957, "energy": 34.604441, "activity_lines": [ 9.396092, 9.331859, 9.356282, 9.327392 ] }, { "date": "2024-07-26", "close": 9.665005, "volume": 54700, "typical_volume": 54055.0, "trend": 9.279452, "fair_value": 9.030162, "relative_strength": 0.120607, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 74.095979, "energy": 54.183629, "activity_lines": [ 9.518486, 9.389865, 9.383853, 9.353452 ] }, { "date": "2024-08-02", "close": 9.461997, "volume": 23100, "typical_volume": 53725.0, "trend": 9.290778, "fair_value": 9.033269, "relative_strength": 0.649284, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 57.324607, "energy": 47.602824, "activity_lines": [ 9.529666, 9.409149, 9.390434, 9.365229 ] }, { "date": "2024-08-09", "close": 9.506128, "volume": 15800, "typical_volume": 52185.0, "trend": 9.310653, "fair_value": 9.036019, "relative_strength": 0.759506, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 56.549202, "energy": 59.836727, "activity_lines": [ 9.53555, 9.437079, 9.400612, 9.379122 ] }, { "date": "2024-08-16", "close": 9.726792, "volume": 25500, "typical_volume": 51915.0, "trend": 9.336751, "fair_value": 9.040092, "relative_strength": -0.19624, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 72.344469, "energy": 65.425199, "activity_lines": [ 9.596748, 9.503375, 9.431758, 9.40597 ] }, { "date": "2024-08-23", "close": 9.894494, "volume": 43000, "typical_volume": 52400.0, "trend": 9.366174, "fair_value": 9.045606, "relative_strength": 0.500895, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 79.737668, "energy": 65.155891, "activity_lines": [ 9.699135, 9.594554, 9.478272, 9.441954 ] }, { "date": "2024-08-30", "close": 10.044544, "volume": 52500, "typical_volume": 53380.0, "trend": 9.402297, "fair_value": 9.052584, "relative_strength": 1.692769, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 84.682872, "energy": 83.946646, "activity_lines": [ 9.830355, 9.698225, 9.537426, 9.485719 ] }, { "date": "2024-09-06", "close": 10.10633, "volume": 21900, "typical_volume": 47485.0, "trend": 9.441895, "fair_value": 9.060003, "relative_strength": 4.717423, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 81.20406, "energy": 88.907571, "activity_lines": [ 9.956868, 9.794354, 9.599194, 9.531141 ] }, { "date": "2024-09-13", "close": 10.388779, "volume": 30500, "typical_volume": 48245.0, "trend": 9.486945, "fair_value": 9.06937, "relative_strength": 3.938987, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 90.70321, "energy": 95.872428, "activity_lines": [ 10.134575, 9.924665, 9.683886, 9.59223 ] }, { "date": "2024-09-20", "close": 10.530003, "volume": 58000, "typical_volume": 49575.0, "trend": 9.533305, "fair_value": 9.079476, "relative_strength": 3.949404, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 90.895726, "energy": 96.285012, "activity_lines": [ 10.300514, 10.05963, 9.776954, 9.659524 ] }, { "date": "2024-09-27", "close": 10.546144, "volume": 48500, "typical_volume": 50655.0, "trend": 9.579353, "fair_value": 9.089639, "relative_strength": 3.643321, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 83.641697, "energy": 93.844911, "activity_lines": [ 10.418285, 10.178914, 9.865689, 9.724869 ] }, { "date": "2024-10-04", "close": 10.555111, "volume": 51000, "typical_volume": 50975.0, "trend": 9.620604, "fair_value": 9.098702, "relative_strength": 2.768462, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 76.884549, "energy": 91.508583, "activity_lines": [ 10.495602, 10.282203, 9.950319, 9.787821 ] }, { "date": "2024-10-11", "close": 10.573049, "volume": 58200, "typical_volume": 51130.0, "trend": 9.661887, "fair_value": 9.107277, "relative_strength": 1.562659, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 73.414038, "energy": 89.953156, "activity_lines": [ 10.54486, 10.37257, 10.031944, 9.849269 ] }, { "date": "2024-10-18", "close": 10.698597, "volume": 41400, "typical_volume": 48230.0, "trend": 9.701968, "fair_value": 9.115592, "relative_strength": 1.204833, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 80.963116, "energy": 89.396587, "activity_lines": [ 10.604854, 10.465563, 10.120399, 9.916153 ] }, { "date": "2024-10-25", "close": 10.654444, "volume": 59800, "typical_volume": 49020.0, "trend": 9.737118, "fair_value": 9.123809, "relative_strength": 2.147519, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 72.54159, "energy": 72.23162, "activity_lines": [ 10.629475, 10.528846, 10.19851, 9.977603 ] }, { "date": "2024-11-01", "close": 10.645422, "volume": 40300, "typical_volume": 46495.0, "trend": 9.773696, "fair_value": 9.131273, "relative_strength": 2.807253, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 69.62005, "energy": 67.885446, "activity_lines": [ 10.642792, 10.573623, 10.269876, 10.036204 ] }, { "date": "2024-11-08", "close": 10.852917, "volume": 72300, "typical_volume": 44455.0, "trend": 9.823534, "fair_value": 9.13928, "relative_strength": 2.561227, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 85.855334, "energy": 73.649209, "activity_lines": [ 10.718657, 10.642473, 10.353554, 10.105831 ] }, { "date": "2024-11-15", "close": 10.879984, "volume": 29000, "typical_volume": 41365.0, "trend": 9.877156, "fair_value": 9.148201, "relative_strength": 2.165658, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 83.216913, "energy": 83.335854, "activity_lines": [ 10.783689, 10.701547, 10.431043, 10.173989 ] }, { "date": "2024-11-22", "close": 11.069435, "volume": 32800, "typical_volume": 41515.0, "trend": 9.935364, "fair_value": 9.158523, "relative_strength": 1.575933, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 91.231911, "energy": 93.461577, "activity_lines": [ 10.89141, 10.780999, 10.518393, 10.25091 ] }, { "date": "2024-11-29", "close": 11.132895, "volume": 26300, "typical_volume": 40285.0, "trend": 9.996553, "fair_value": 9.169946, "relative_strength": 1.253454, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 88.884989, "energy": 95.365392, "activity_lines": [ 10.995562, 10.859615, 10.60304, 10.32817 ] }, { "date": "2024-12-06", "close": 11.196357, "volume": 28400, "typical_volume": 40650.0, "trend": 10.052937, "fair_value": 9.181266, "relative_strength": 1.591027, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 84.993608, "energy": 93.516031, "activity_lines": [ 11.08897, 10.938807, 10.685985, 10.405577 ] }, { "date": "2024-12-13", "close": 11.160094, "volume": 26000, "typical_volume": 39215.0, "trend": 10.106095, "fair_value": 9.1924, "relative_strength": 2.880706, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 74.493684, "energy": 89.836739, "activity_lines": [ 11.133562, 10.999584, 10.757763, 10.477006 ] }, { "date": "2024-12-20", "close": 11.015039, "volume": 40000, "typical_volume": 40060.0, "trend": 10.156724, "fair_value": 9.201469, "relative_strength": 4.26091, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.310176, "energy": 68.222075, "activity_lines": [ 11.109324, 11.022987, 10.808607, 10.535648 ] }, { "date": "2024-12-27", "close": 11.073466, "volume": 22500, "typical_volume": 40395.0, "trend": 10.212184, "fair_value": 9.210866, "relative_strength": 3.927073, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.479649, "energy": 66.613783, "activity_lines": [ 11.095558, 11.048978, 10.85762, 10.594793 ] }, { "date": "2025-01-03", "close": 11.082597, "volume": 35100, "typical_volume": 40875.0, "trend": 10.267659, "fair_value": 9.21797, "relative_strength": 2.834196, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.987453, "energy": 63.463618, "activity_lines": [ 11.084567, 11.069813, 10.90004, 10.650948 ] }, { "date": "2025-01-10", "close": 11.055209, "volume": 36200, "typical_volume": 40535.0, "trend": 10.333465, "fair_value": 9.223395, "relative_strength": 3.745048, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 51.709483, "energy": 55.478756, "activity_lines": [ 11.0678, 11.077883, 10.933394, 10.701758 ] }, { "date": "2025-01-17", "close": 11.192144, "volume": 31600, "typical_volume": 39490.0, "trend": 10.406142, "fair_value": 9.231296, "relative_strength": 3.685765, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 74.250858, "energy": 64.480997, "activity_lines": [ 11.106088, 11.103401, 10.974263, 10.757157 ] }, { "date": "2025-01-24", "close": 11.256047, "volume": 70600, "typical_volume": 41925.0, "trend": 10.475947, "fair_value": 9.239277, "relative_strength": 2.567154, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 75.786158, "energy": 66.410717, "activity_lines": [ 11.16354, 11.134369, 11.015753, 10.811989 ] }, { "date": "2025-01-31", "close": 11.27899, "volume": 26600, "typical_volume": 41730.0, "trend": 10.544163, "fair_value": 9.245431, "relative_strength": 2.439585, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 73.460325, "energy": 66.300604, "activity_lines": [ 11.212572, 11.162671, 11.053954, 10.863798 ] }, { "date": "2025-02-07", "close": 11.058732, "volume": 62200, "typical_volume": 41940.0, "trend": 10.595916, "fair_value": 9.249985, "relative_strength": 0.749559, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.455475, "energy": 55.416053, "activity_lines": [ 11.174484, 11.147116, 11.066938, 10.896996 ] }, { "date": "2025-02-14", "close": 11.104619, "volume": 36000, "typical_volume": 41315.0, "trend": 10.646845, "fair_value": 9.255914, "relative_strength": 0.959963, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 58.485632, "energy": 47.497255, "activity_lines": [ 11.153282, 11.141253, 11.081774, 10.929816 ] }, { "date": "2025-02-21", "close": 11.067911, "volume": 38000, "typical_volume": 40665.0, "trend": 10.693609, "fair_value": 9.261562, "relative_strength": 1.911025, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 44.349763, "energy": 33.321344, "activity_lines": [ 11.11655, 11.130383, 11.090456, 10.956981 ] }, { "date": "2025-02-28", "close": 11.116805, "volume": 112200, "typical_volume": 43365.0, "trend": 10.748769, "fair_value": 9.268885, "relative_strength": 1.310959, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 37.837043, "energy": 22.58994, "activity_lines": [ 11.104399, 11.130079, 11.101352, 10.984284 ] }, { "date": "2025-03-07", "close": 10.729332, "volume": 76100, "typical_volume": 45100.0, "trend": 10.789543, "fair_value": 9.27382, "relative_strength": 0.265378, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -11.135344, "energy": 16.940895, "activity_lines": [ 10.972372, 11.057476, 11.072756, 10.98303 ] }, { "date": "2025-03-14", "close": 10.618623, "volume": 63800, "typical_volume": 45300.0, "trend": 10.81927, "fair_value": 9.275975, "relative_strength": 0.037576, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -22.150422, "energy": 32.606357, "activity_lines": [ 10.840087, 10.971, 11.033471, 10.972003 ] }, { "date": "2025-03-21", "close": 10.664753, "volume": 20800, "typical_volume": 44325.0, "trend": 10.844946, "fair_value": 9.279481, "relative_strength": -1.176955, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -35.774172, "energy": 53.254497, "activity_lines": [ 10.752518, 10.901348, 10.998749, 10.962034 ] }, { "date": "2025-03-28", "close": 10.659218, "volume": 38600, "typical_volume": 42640.0, "trend": 10.865435, "fair_value": 9.284759, "relative_strength": -0.381941, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -32.059157, "energy": 61.330833, "activity_lines": [ 10.692429, 10.837788, 10.963408, 10.950052 ] }, { "date": "2025-04-04", "close": 10.334241, "volume": 51400, "typical_volume": 43760.0, "trend": 10.873032, "fair_value": 9.288618, "relative_strength": 3.024061, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -58.572101, "energy": 76.280188, "activity_lines": [ 10.551261, 10.724831, 10.898039, 10.915781 ] }, { "date": "2025-04-11", "close": 10.232107, "volume": 104800, "typical_volume": 47360.0, "trend": 10.867809, "fair_value": 9.292584, "relative_strength": 0.271762, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -57.146696, "energy": 75.777165, "activity_lines": [ 10.428219, 10.610065, 10.825542, 10.874431 ] }, { "date": "2025-04-18", "close": 10.492087, "volume": 40700, "typical_volume": 48080.0, "trend": 10.866546, "fair_value": 9.298122, "relative_strength": 0.210192, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -65.525638, "energy": 70.062472, "activity_lines": [ 10.424985, 10.561602, 10.781793, 10.850191 ] }, { "date": "2025-04-25", "close": 10.752507, "volume": 16800, "typical_volume": 47500.0, "trend": 10.873424, "fair_value": 9.307611, "relative_strength": 0.497832, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.17125, "energy": 48.654905, "activity_lines": [ 10.516994, 10.570791, 10.765896, 10.842834 ] }, { "date": "2025-05-02", "close": 11.023187, "volume": 24600, "typical_volume": 47430.0, "trend": 10.889027, "fair_value": 9.318835, "relative_strength": 1.630878, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -26.128435, "energy": 19.370992, "activity_lines": [ 10.693379, 10.635596, 10.777893, 10.852496 ] }, { "date": "2025-05-09", "close": 11.10719, "volume": 26500, "typical_volume": 46755.0, "trend": 10.906832, "fair_value": 9.331644, "relative_strength": 1.034376, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -4.950687, "energy": 20.073111, "activity_lines": [ 10.8735, 10.716487, 10.798541, 10.866571 ] }, { "date": "2025-05-16", "close": 11.396535, "volume": 26400, "typical_volume": 46950.0, "trend": 10.930096, "fair_value": 9.34607, "relative_strength": 1.156348, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "mixed", "direction": 39.384465, "energy": 42.136285, "activity_lines": [ 11.09854, 10.850162, 10.846307, 10.898165 ] }, { "date": "2025-05-23", "close": 11.471207, "volume": 43500, "typical_volume": 47370.0, "trend": 10.957322, "fair_value": 9.358977, "relative_strength": 2.1001, "stage": 3, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 41.926608, "energy": 53.708927, "activity_lines": [ 11.270842, 10.985282, 10.899647, 10.933075 ] }, { "date": "2025-05-30", "close": 11.63365, "volume": 84600, "typical_volume": 49790.0, "trend": 10.990263, "fair_value": 9.372545, "relative_strength": 2.279279, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 45.242794, "energy": 71.824867, "activity_lines": [ 11.432017, 11.134436, 10.966607, 10.976709 ] }, { "date": "2025-06-06", "close": 11.69943, "volume": 29000, "typical_volume": 49660.0, "trend": 11.01848, "fair_value": 9.38858, "relative_strength": 1.802833, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 81.295165, "energy": 90.21327, "activity_lines": [ 11.556375, 11.277934, 11.037077, 11.022462 ] }, { "date": "2025-06-13", "close": 11.652443, "volume": 53000, "typical_volume": 48780.0, "trend": 11.044228, "fair_value": 9.407071, "relative_strength": 1.016632, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 72.193489, "energy": 88.577986, "activity_lines": [ 11.619989, 11.393976, 11.100656, 11.063363 ] }, { "date": "2025-06-20", "close": 11.718224, "volume": 36200, "typical_volume": 49260.0, "trend": 11.065855, "fair_value": 9.427194, "relative_strength": 1.504657, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 73.638432, "energy": 88.381636, "activity_lines": [ 11.669179, 11.49801, 11.168613, 11.106847 ] }, { "date": "2025-06-27", "close": 11.939285, "volume": 85700, "typical_volume": 50435.0, "trend": 11.092734, "fair_value": 9.448347, "relative_strength": 2.53625, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 83.44636, "energy": 90.771982, "activity_lines": [ 11.770611, 11.615217, 11.255532, 11.163197 ] }, { "date": "2025-07-04", "close": 12.137958, "volume": 44200, "typical_volume": 50845.0, "trend": 11.124121, "fair_value": 9.469904, "relative_strength": 2.723964, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 89.239131, "energy": 93.918166, "activity_lines": [ 11.907061, 11.742234, 11.357178, 11.230631 ] }, { "date": "2025-07-11", "close": 12.204182, "volume": 48100, "typical_volume": 51350.0, "trend": 11.158924, "fair_value": 9.494833, "relative_strength": 3.242841, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 87.706971, "energy": 95.022449, "activity_lines": [ 12.031966, 11.856101, 11.460211, 11.300312 ] }, { "date": "2025-07-18", "close": 12.279866, "volume": 57400, "typical_volume": 48610.0, "trend": 11.201085, "fair_value": 9.517927, "relative_strength": 2.65329, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 84.979607, "energy": 94.418938, "activity_lines": [ 12.148448, 11.962257, 11.565042, 11.372631 ] }, { "date": "2025-07-25", "close": 12.396407, "volume": 83300, "typical_volume": 48970.0, "trend": 11.245183, "fair_value": 9.540513, "relative_strength": 2.82458, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 86.632689, "energy": 95.166651, "activity_lines": [ 12.26195, 12.06828, 11.675433, 11.449748 ] }, { "date": "2025-08-01", "close": 12.19662, "volume": 26800, "typical_volume": 47120.0, "trend": 11.282317, "fair_value": 9.561527, "relative_strength": 2.826221, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 68.509062, "energy": 88.603354, "activity_lines": [ 12.263643, 12.1198, 11.758858, 11.511131 ] }, { "date": "2025-08-08", "close": 12.367867, "volume": 20800, "typical_volume": 47120.0, "trend": 11.326072, "fair_value": 9.58248, "relative_strength": 1.410138, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 76.891384, "energy": 87.613174, "activity_lines": [ 12.305263, 12.189265, 11.851078, 11.581167 ] }, { "date": "2025-08-15", "close": 12.60571, "volume": 28800, "typical_volume": 46630.0, "trend": 11.373191, "fair_value": 9.604474, "relative_strength": 2.682534, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 90.297727, "energy": 88.719853, "activity_lines": [ 12.410837, 12.288625, 11.95784, 11.663724 ] }, { "date": "2025-08-22", "close": 12.691336, "volume": 43400, "typical_volume": 46230.0, "trend": 11.421034, "fair_value": 9.62924, "relative_strength": 1.717449, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 88.952406, "energy": 75.625193, "activity_lines": [ 12.518185, 12.387076, 12.063488, 11.748766 ] }, { "date": "2025-08-29", "close": 12.964779, "volume": 67800, "typical_volume": 44380.0, "trend": 11.477227, "fair_value": 9.65774, "relative_strength": 2.960987, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 93.645151, "energy": 83.459179, "activity_lines": [ 12.689248, 12.516355, 12.183953, 11.848362 ] }, { "date": "2025-09-05", "close": 13.165561, "volume": 26300, "typical_volume": 43660.0, "trend": 11.547455, "fair_value": 9.685545, "relative_strength": 2.763091, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 92.790642, "energy": 93.092024, "activity_lines": [ 12.889348, 12.659475, 12.310528, 11.957287 ] }, { "date": "2025-09-12", "close": 13.280293, "volume": 35800, "typical_volume": 44610.0, "trend": 11.619977, "fair_value": 9.71457, "relative_strength": 2.776153, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 90.501726, "energy": 89.375368, "activity_lines": [ 13.063095, 12.80116, 12.435299, 12.069083 ] }, { "date": "2025-09-19", "close": 13.509761, "volume": 43600, "typical_volume": 45560.0, "trend": 11.701372, "fair_value": 9.747001, "relative_strength": 2.793371, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 91.696695, "energy": 80.631849, "activity_lines": [ 13.252504, 12.963796, 12.569887, 12.191005 ] }, { "date": "2025-09-26", "close": 13.574064, "volume": 81500, "typical_volume": 48310.0, "trend": 11.783281, "fair_value": 9.779943, "relative_strength": 3.235859, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 87.204889, "energy": 92.577635, "activity_lines": [ 13.403076, 13.114385, 12.698759, 12.311823 ] }, { "date": "2025-10-03", "close": 13.718266, "volume": 34300, "typical_volume": 48705.0, "trend": 11.882912, "fair_value": 9.814944, "relative_strength": 1.840983, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 87.29648, "energy": 90.938106, "activity_lines": [ 13.542868, 13.267663, 12.829616, 12.436661 ] }, { "date": "2025-10-10", "close": 13.516384, "volume": 42300, "typical_volume": 48645.0, "trend": 11.979504, "fair_value": 9.848108, "relative_strength": 2.336731, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.558692, "energy": 68.784423, "activity_lines": [ 13.565133, 13.360201, 12.930192, 12.542046 ] }, { "date": "2025-10-17", "close": 13.612517, "volume": 46100, "typical_volume": 46720.0, "trend": 12.077763, "fair_value": 9.880901, "relative_strength": 2.089118, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 70.051292, "energy": 68.939404, "activity_lines": [ 13.596054, 13.446222, 13.030183, 12.647402 ] }, { "date": "2025-10-24", "close": 13.824013, "volume": 31800, "typical_volume": 46860.0, "trend": 12.183256, "fair_value": 9.91362, "relative_strength": 2.750923, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 81.808227, "energy": 72.683227, "activity_lines": [ 13.675325, 13.548066, 13.140894, 12.760063 ] }, { "date": "2025-10-31", "close": 13.923464, "volume": 43100, "typical_volume": 46365.0, "trend": 12.302897, "fair_value": 9.946828, "relative_strength": 3.710624, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 82.483374, "energy": 72.622358, "activity_lines": [ 13.766797, 13.645842, 13.25096, 12.872335 ] }, { "date": "2025-11-07", "close": 13.923464, "volume": 55000, "typical_volume": 47305.0, "trend": 12.425942, "fair_value": 9.978162, "relative_strength": 4.795637, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 76.731235, "energy": 70.696772, "activity_lines": [ 13.834976, 13.721216, 13.350211, 12.976888 ] }, { "date": "2025-11-14", "close": 14.08761, "volume": 16800, "typical_volume": 43860.0, "trend": 12.545793, "fair_value": 10.010498, "relative_strength": 4.458549, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 81.381594, "energy": 72.486922, "activity_lines": [ 13.944189, 13.809003, 13.454594, 13.084092 ] }, { "date": "2025-11-21", "close": 14.077956, "volume": 84500, "typical_volume": 45875.0, "trend": 12.656641, "fair_value": 10.041885, "relative_strength": 4.817033, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 75.684823, "energy": 70.239986, "activity_lines": [ 14.012104, 13.878271, 13.547827, 13.182941 ] }, { "date": "2025-11-28", "close": 14.4128, "volume": 95600, "typical_volume": 48250.0, "trend": 12.769628, "fair_value": 10.076503, "relative_strength": 3.01918, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 90.249129, "energy": 75.678601, "activity_lines": [ 14.160603, 13.993916, 13.663712, 13.296242 ] }, { "date": "2025-12-05", "close": 14.771906, "volume": 16700, "typical_volume": 46215.0, "trend": 12.891785, "fair_value": 10.114706, "relative_strength": 5.662758, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 95.007664, "energy": 88.401432, "activity_lines": [ 14.389552, 14.158435, 13.803281, 13.425421 ] }, { "date": "2025-12-12", "close": 14.966018, "volume": 30300, "typical_volume": 43565.0, "trend": 13.010768, "fair_value": 10.156472, "relative_strength": 6.166267, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 93.59951, "energy": 95.381302, "activity_lines": [ 14.626642, 14.336468, 13.949469, 13.559243 ] }, { "date": "2025-12-19", "close": 15.082485, "volume": 65100, "typical_volume": 45480.0, "trend": 13.131144, "fair_value": 10.198289, "relative_strength": 6.098913, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 90.031341, "energy": 96.206783, "activity_lines": [ 14.833051, 14.51299, 14.094513, 13.692902 ] }, { "date": "2025-12-26", "close": 15.090546, "volume": 15800, "typical_volume": 45230.0, "trend": 13.246374, "fair_value": 10.240209, "relative_strength": 5.233127, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 80.534016, "energy": 92.548983, "activity_lines": [ 14.975822, 14.662503, 14.226583, 13.819315 ] }, { "date": "2026-01-02", "close": 15.139381, "volume": 58400, "typical_volume": 46710.0, "trend": 13.361039, "fair_value": 10.281382, "relative_strength": 5.810029, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 77.005378, "energy": 90.634366, "activity_lines": [ 15.067366, 14.794022, 14.350339, 13.941444 ] }, { "date": "2026-01-09", "close": 15.285892, "volume": 40100, "typical_volume": 46545.0, "trend": 13.482154, "fair_value": 10.322031, "relative_strength": 4.344351, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 81.740354, "energy": 84.265751, "activity_lines": [ 15.159307, 14.928264, 14.475983, 14.065628 ] }, { "date": "2026-01-16", "close": 15.305427, "volume": 48800, "typical_volume": 45595.0, "trend": 13.601727, "fair_value": 10.362653, "relative_strength": 3.051334, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 77.953009, "energy": 71.898567, "activity_lines": [ 15.223495, 15.041286, 14.591132, 14.183259 ] }, { "date": "2026-01-23", "close": 15.197986, "volume": 27700, "typical_volume": 45665.0, "trend": 13.710351, "fair_value": 10.401527, "relative_strength": 1.933365, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.253593, "energy": 68.065979, "activity_lines": [ 15.229241, 15.109646, 14.684903, 14.286243 ] }, { "date": "2026-01-30", "close": 14.958801, "volume": 42400, "typical_volume": 45995.0, "trend": 13.804379, "fair_value": 10.437908, "relative_strength": 4.048672, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.103436, "energy": 65.721083, "activity_lines": [ 15.14756, 15.11433, 14.746217, 14.366789 ] }, { "date": "2026-02-06", "close": 15.507748, "volume": 28800, "typical_volume": 45255.0, "trend": 13.914498, "fair_value": 10.477657, "relative_strength": 5.854117, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 84.206492, "energy": 70.850181, "activity_lines": [ 15.257643, 15.202807, 14.851818, 14.476683 ] }, { "date": "2026-02-13", "close": 15.429328, "volume": 43200, "typical_volume": 43340.0, "trend": 14.01948, "fair_value": 10.516802, "relative_strength": 3.264263, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 73.923021, "energy": 65.961477, "activity_lines": [ 15.317029, 15.257118, 14.940436, 14.574414 ] }, { "date": "2026-02-20", "close": 15.811628, "volume": 12300, "typical_volume": 42240.0, "trend": 14.13332, "fair_value": 10.55966, "relative_strength": 3.374665, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 86.007712, "energy": 71.598721, "activity_lines": [ 15.494286, 15.368985, 15.056629, 14.690037 ] }, { "date": "2026-02-27", "close": 15.837237, "volume": 74100, "typical_volume": 43830.0, "trend": 14.254674, "fair_value": 10.602228, "relative_strength": 1.865268, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 79.694254, "energy": 71.03254, "activity_lines": [ 15.646332, 15.470133, 15.165293, 14.799967 ] }, { "date": "2026-03-06", "close": 15.462976, "volume": 51500, "typical_volume": 44100.0, "trend": 14.357845, "fair_value": 10.645525, "relative_strength": 3.085748, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.345042, "energy": 64.712272, "activity_lines": [ 15.631008, 15.489511, 15.227261, 14.877922 ] }, { "date": "2026-03-13", "close": 15.177353, "volume": 33800, "typical_volume": 44200.0, "trend": 14.443566, "fair_value": 10.689163, "relative_strength": 2.718411, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.670398, "energy": 54.878105, "activity_lines": [ 15.486864, 15.450186, 15.253215, 14.930793 ] }, { "date": "2026-03-20", "close": 14.822788, "volume": 41400, "typical_volume": 44115.0, "trend": 14.514614, "fair_value": 10.730682, "relative_strength": 4.037703, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 31.363991, "energy": 24.03298, "activity_lines": [ 15.246559, 15.345704, 15.238957, 14.955259 ] }, { "date": "2026-03-27", "close": 14.931456, "volume": 55400, "typical_volume": 44135.0, "trend": 14.58017, "fair_value": 10.771199, "relative_strength": 2.532098, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 22.511434, "energy": 23.733835, "activity_lines": [ 15.082912, 15.2694, 15.230765, 14.982152 ] }, { "date": "2026-04-03", "close": 15.486308, "volume": 25700, "typical_volume": 44580.0, "trend": 14.657529, "fair_value": 10.815274, "relative_strength": 2.560443, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 36.598637, "energy": 25.939364, "activity_lines": [ 15.162894, 15.300778, 15.270617, 15.040613 ] }, { "date": "2026-04-10", "close": 16.179873, "volume": 35500, "typical_volume": 42130.0, "trend": 14.754181, "fair_value": 10.86292, "relative_strength": 5.079562, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 71.362138, "energy": 37.333697, "activity_lines": [ 15.49746, 15.453016, 15.369862, 15.138829 ] }, { "date": "2026-04-17", "close": 16.695093, "volume": 59400, "typical_volume": 40320.0, "trend": 14.860359, "fair_value": 10.913354, "relative_strength": 6.138085, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 83.182581, "energy": 73.604493, "activity_lines": [ 15.955972, 15.67673, 15.508166, 15.264049 ] }, { "date": "2026-04-24", "close": 16.558434, "volume": 27800, "typical_volume": 40875.0, "trend": 14.959838, "fair_value": 10.963067, "relative_strength": 6.404344, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 75.483594, "energy": 84.827269, "activity_lines": [ 16.267749, 15.854008, 15.622588, 15.373602 ] }, { "date": "2026-05-01", "close": 16.786211, "volume": 27300, "typical_volume": 40725.0, "trend": 15.062103, "fair_value": 11.014908, "relative_strength": 7.661352, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 77.18927, "energy": 89.084502, "activity_lines": [ 16.539742, 16.052171, 15.750195, 15.491432 ] }, { "date": "2026-05-08", "close": 16.855534, "volume": 32800, "typical_volume": 39110.0, "trend": 15.173408, "fair_value": 11.067245, "relative_strength": 7.260238, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 75.786115, "energy": 89.927253, "activity_lines": [ 16.711192, 16.245218, 15.875736, 15.607138 ] }, { "date": "2026-05-15", "close": 16.944666, "volume": 21400, "typical_volume": 39390.0, "trend": 15.284479, "fair_value": 11.120257, "relative_strength": 8.326149, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 74.824962, "energy": 88.41263, "activity_lines": [ 16.821071, 16.435957, 16.001323, 15.721412 ] }, { "date": "2026-05-22", "close": 17.556166, "volume": 16000, "typical_volume": 37270.0, "trend": 15.408884, "fair_value": 11.178062, "relative_strength": 9.856347, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 88.278338, "energy": 91.845068, "activity_lines": [ 17.083797, 16.710938, 16.17632, 15.867973 ] }, { "date": "2026-05-29", "close": 17.277657, "volume": 71400, "typical_volume": 38835.0, "trend": 15.520691, "fair_value": 11.234031, "relative_strength": 6.955106, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 72.709705, "energy": 81.391123, "activity_lines": [ 17.196282, 16.89203, 16.313283, 15.988539 ] }, { "date": "2026-06-05", "close": 17.615847, "volume": 7400, "typical_volume": 36765.0, "trend": 15.64377, "fair_value": 11.292477, "relative_strength": 9.860709, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 80.515609, "energy": 84.280066, "activity_lines": [ 17.373548, 17.089976, 16.47297, 16.12371 ] }, { "date": "2026-06-12", "close": 18.123137, "volume": 800, "typical_volume": 35420.0, "trend": 15.778288, "fair_value": 11.353146, "relative_strength": 10.965787, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 88.404323, "energy": 90.829236, "activity_lines": [ 17.664603, 17.331351, 16.669968, 16.283669 ] }, { "date": "2026-06-19", "close": 18.610531, "volume": 2900, "typical_volume": 33445.0, "trend": 15.929374, "fair_value": 11.418918, "relative_strength": 13.429219, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 91.949374, "energy": 95.072451, "activity_lines": [ 18.033615, 17.6134, 16.899455, 16.466395 ] }, { "date": "2026-06-26", "close": 18.581036, "volume": 48600, "typical_volume": 34435.0, "trend": 16.068315, "fair_value": 11.482399, "relative_strength": 12.825537, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 84.474593, "energy": 93.891646, "activity_lines": [ 18.281738, 17.845892, 17.108745, 16.63747 ] }, { "date": "2026-07-03", "close": 18.710556, "volume": 6800, "typical_volume": 32615.0, "trend": 16.199603, "fair_value": 11.547025, "relative_strength": 12.373433, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 81.038808, "energy": 92.992463, "activity_lines": [ 18.504709, 18.067644, 17.315734, 16.807937 ] }, { "date": "2026-07-10", "close": 19.059259, "volume": 45100, "typical_volume": 34255.0, "trend": 16.336045, "fair_value": 11.612992, "relative_strength": 13.870676, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 86.238668, "energy": 94.881339, "activity_lines": [ 18.748388, 18.313666, 17.540309, 16.992431 ] }, { "date": "2026-07-17", "close": 19.278448, "volume": 29700, "typical_volume": 32035.0, "trend": 16.47591, "fair_value": 11.679366, "relative_strength": 14.863, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 86.545506, "energy": 94.827297, "activity_lines": [ 18.968903, 18.558213, 17.770294, 17.182263 ] }, { "date": "2026-07-24", "close": 18.860001, "volume": 58100, "typical_volume": 32365.0, "trend": 16.601559, "fair_value": 11.743057, "relative_strength": 11.664006, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.368802, "energy": 78.666003, "activity_lines": [ 18.972915, 18.682626, 17.94404, 17.336075 ] }, { "date": "2026-07-31", "close": 18.93, "volume": 149500, "typical_volume": 38150.0, "trend": 16.727913, "fair_value": 11.807986, "relative_strength": 12.145036, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.721463, "energy": 67.168291, "activity_lines": [ 18.983628, 18.784942, 18.108277, 17.486298 ] }, { "date": "2026-08-07", "close": 18.940001, "volume": 80600, "typical_volume": 40110.0, "trend": 16.849716, "fair_value": 11.873084, "relative_strength": 8.315581, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.849165, "energy": 65.4464, "activity_lines": [ 18.974411, 18.864097, 18.255596, 17.629013 ] } ], "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." } } }