{ "ticker": { "uuid": "4533599d-f276-48c3-a553-957d0d12921a", "symbol": "SNSR", "name": "Global X Internet of Things UCITS ETF USD Acc", "exchange": "MIL", "country": "IT", "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": "FTSEMIB.MI", "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": "deceleration", "architecture_regime_label": "Deceleration", "architecture_modifier": "Recompressing", "architecture_gate": "up", "architecture_direction": 54.131, "architecture_energy": 34.975, "architecture_maturity": 72.693, "architecture_confidence": 88.462, "architecture_tenure": "New", "architecture": { "interpretation": { "headline": "The upward structure remains, but its energy is decelerating.", "body": "Trend remains positive, but Activity or price acceptance is losing strength. This can become a healthy recompression, a re-acceleration, or a Rotation Down." }, "scores": { "balance": 30.25, "rotation_up": 30.37, "upward_expansion": 59.89, "deceleration": 88.33, "rotation_down": 32.48, "downward_expansion": 21.22 }, "activity_lines": [ 15.864, 16.055927, 15.922362, 15.312241 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.333333 }, "latest_close": 16.628, "trend_reference": 14.507533, "distance_from_trend": 0.146163, "trend_direction": "Improving", "fair_value": 12.669545, "distance_from_fair_value": 0.312439, "fair_value_direction": "Improving", "relative_strength": 4.643082, "relative_strength_direction": "Weakening", "price_momentum": 0.329602, "excess_performance": 0.15871, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.146163, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.099633, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.312439, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.049397, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.046431, "read": "Leading" }, { "label": "Relative strength direction", "positive": false, "value": -0.025217, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.329602, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 1.036963, "read": "Demand-led" } ], "volume": { "latest": 229, "relative_activity": 0.573504, "balance": 1.036963, "dry_up": 1.019284, "accumulation_observations": 2, "distribution_observations": 2 }, "risk": { "range_context": 0.039211, "annualized_volatility": 0.284622, "from_high_reference": -0.049285, "from_low_reference": 0.422656 }, "levels": { "trend_reference": 14.507533, "fair_value_reference": 12.669545, "structural_low": 12.21, "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 3, "median_return": -0.008454, "positive_rate": 0.333333, "directional_follow_through": 0.333333, "median_excess_return": 0.025816, "regime_survival": 0.333333, "best_return": 0.060646, "worst_return": -0.040989, "sufficient": false }, { "horizon": "Intermediate", "sample_count": 2, "median_return": -0.003173, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": -0.019082, "regime_survival": 0.0, "best_return": 0.001956, "worst_return": -0.008302, "sufficient": false }, { "horizon": "Extended", "sample_count": 2, "median_return": 0.051561, "positive_rate": 1.0, "directional_follow_through": 1.0, "median_excess_return": -0.030882, "regime_survival": 0.0, "best_return": 0.101003, "worst_return": 0.002119, "sufficient": false }, { "horizon": "Full cycle", "sample_count": 1, "median_return": 0.037357, "positive_rate": 1.0, "directional_follow_through": 1.0, "median_excess_return": -0.162398, "regime_survival": 0.0, "best_return": 0.037357, "worst_return": 0.037357, "sufficient": false } ], "ledger": [ { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-05-31", "end": "2024-07-26", "tenure": "Developing", "return": -0.031974, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2024-08-02", "end": "2024-08-23", "tenure": "New", "return": -0.005625, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2024-08-30", "end": "2024-11-08", "tenure": "Developing", "return": 0.071024, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2024-11-15", "end": "2024-12-20", "tenure": "Developing", "return": 0.01779, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-12-27", "end": "2025-03-07", "tenure": "Developing", "return": -0.030628, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-03-14", "end": "2025-04-11", "tenure": "Developing", "return": -0.178134, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-04-18", "end": "2025-06-06", "tenure": "Developing", "return": 0.191882, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-06-13", "end": "2025-07-11", "tenure": "Developing", "return": 0.018677, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-07-18", "end": "2025-08-22", "tenure": "Developing", "return": 0.00237, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-08-29", "end": "2025-10-31", "tenure": "Developing", "return": 0.024147, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-11-07", "end": "2025-12-12", "tenure": "Developing", "return": 0.055177, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-12-19", "end": "2026-02-27", "tenure": "Developing", "return": 0.094641, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-03-06", "end": "2026-07-17", "tenure": "Established", "return": 0.188491, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-07-24", "end": "2026-08-07", "tenure": "New", "return": 0.076525, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 11.118, "volume": 1418, "typical_volume": 1830.15, "trend": 11.4302, "fair_value": 11.066293, "relative_strength": -7.476273, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 1.554649, "energy": 15.331783, "activity_lines": [ 11.456, 11.611091, 11.557705, 11.480469 ] }, { "date": "2023-08-25", "close": 11.202, "volume": 5848, "typical_volume": 1990.45, "trend": 11.4298, "fair_value": 11.067753, "relative_strength": -7.857215, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "mixed", "direction": -23.74221, "energy": 34.10313, "activity_lines": [ 11.3112, 11.520873, 11.537952, 11.465746 ] }, { "date": "2023-09-01", "close": 11.564, "volume": 436, "typical_volume": 1910.3, "trend": 11.425733, "fair_value": 11.073032, "relative_strength": -6.10162, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -14.395921, "energy": 30.055874, "activity_lines": [ 11.3432, 11.512291, 11.552076, 11.474404 ] }, { "date": "2023-09-08", "close": 11.266, "volume": 806, "typical_volume": 1801.55, "trend": 11.414067, "fair_value": 11.075063, "relative_strength": -6.841383, "stage": 1, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -22.546138, "energy": 34.613561, "activity_lines": [ 11.314533, 11.4496, 11.536124, 11.464099 ] }, { "date": "2023-09-15", "close": 11.422, "volume": 4226, "typical_volume": 1993.5, "trend": 11.4044, "fair_value": 11.078677, "relative_strength": -7.373048, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -14.93126, "energy": 25.954743, "activity_lines": [ 11.3592, 11.423382, 11.533838, 11.464611 ] }, { "date": "2023-09-22", "close": 10.944, "volume": 843, "typical_volume": 2020.6, "trend": 11.386267, "fair_value": 11.077289, "relative_strength": -9.916096, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -39.433333, "energy": 38.645826, "activity_lines": [ 11.235733, 11.315745, 11.482343, 11.434908 ] }, { "date": "2023-09-29", "close": 11.09, "volume": 1524, "typical_volume": 2012.0, "trend": 11.371533, "fair_value": 11.077418, "relative_strength": -7.252406, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -29.094458, "energy": 43.80057, "activity_lines": [ 11.172533, 11.248836, 11.442495, 11.415794 ] }, { "date": "2023-10-06", "close": 10.954, "volume": 1937, "typical_volume": 2063.3, "trend": 11.3546, "fair_value": 11.076172, "relative_strength": -6.57957, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -43.947976, "energy": 58.479728, "activity_lines": [ 11.071467, 11.174545, 11.387857, 11.388856 ] }, { "date": "2023-10-13", "close": 10.876, "volume": 662, "typical_volume": 2063.75, "trend": 11.3408, "fair_value": 11.07417, "relative_strength": -8.283179, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -47.318697, "energy": 67.359027, "activity_lines": [ 10.985067, 11.107709, 11.327457, 11.357978 ] }, { "date": "2023-10-20", "close": 10.444, "volume": 3749, "typical_volume": 2058.1, "trend": 11.314667, "fair_value": 11.067931, "relative_strength": -8.754473, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -89.455194, "energy": 89.655985, "activity_lines": [ 10.780667, 10.975236, 11.227076, 11.30012 ] }, { "date": "2023-10-27", "close": 10.284, "volume": 6974, "typical_volume": 2322.7, "trend": 11.274467, "fair_value": 11.060245, "relative_strength": -9.561831, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -90.586135, "energy": 94.99979, "activity_lines": [ 10.588133, 10.829055, 11.117467, 11.233626 ] }, { "date": "2023-11-03", "close": 10.662, "volume": 1393, "typical_volume": 2337.15, "trend": 11.260667, "fair_value": 11.056379, "relative_strength": -10.472535, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.602543, "energy": 86.828985, "activity_lines": [ 10.5656, 10.766764, 11.05181, 11.194112 ] }, { "date": "2023-11-10", "close": 10.662, "volume": 0, "typical_volume": 2310.4, "trend": 11.242467, "fair_value": 11.052587, "relative_strength": -9.610938, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.351818, "energy": 86.331855, "activity_lines": [ 10.5716, 10.714291, 10.992867, 11.155488 ] }, { "date": "2023-11-17", "close": 10.742, "volume": 1314, "typical_volume": 2297.1, "trend": 11.233333, "fair_value": 11.049629, "relative_strength": -11.663658, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.45664, "energy": 70.170105, "activity_lines": [ 10.623733, 10.692764, 10.945857, 11.1232 ] }, { "date": "2023-11-24", "close": 11.128, "volume": 791, "typical_volume": 2251.9, "trend": 11.249333, "fair_value": 11.050368, "relative_strength": -7.992151, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -41.53977, "energy": 32.610388, "activity_lines": [ 10.813467, 10.750945, 10.940229, 11.116404 ] }, { "date": "2023-12-01", "close": 11.468, "volume": 2080, "typical_volume": 2355.9, "trend": 11.2826, "fair_value": 11.054271, "relative_strength": -6.460294, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -0.725029, "energy": 22.276316, "activity_lines": [ 11.070933, 10.876291, 10.969819, 11.130512 ] }, { "date": "2023-12-08", "close": 11.842, "volume": 5918, "typical_volume": 2464.85, "trend": 11.320533, "fair_value": 11.061565, "relative_strength": -4.636033, "stage": 3, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 48.191759, "energy": 49.843364, "activity_lines": [ 11.374133, 11.060109, 11.036248, 11.166602 ] }, { "date": "2023-12-15", "close": 12.216, "volume": 1567, "typical_volume": 2403.05, "trend": 11.350933, "fair_value": 11.072156, "relative_strength": -1.324419, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 56.230198, "energy": 62.104658, "activity_lines": [ 11.723333, 11.298255, 11.139257, 11.224374 ] }, { "date": "2023-12-22", "close": 12.138, "volume": 1793, "typical_volume": 2282.05, "trend": 11.384867, "fair_value": 11.081845, "relative_strength": -1.682393, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 48.121584, "energy": 81.273271, "activity_lines": [ 11.942933, 11.499273, 11.234495, 11.275153 ] }, { "date": "2023-12-29", "close": 12.138, "volume": 0, "typical_volume": 2163.95, "trend": 11.399267, "fair_value": 11.09136, "relative_strength": -1.529235, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 49.171782, "energy": 82.00449, "activity_lines": [ 12.069467, 11.677345, 11.327105, 11.323742 ] }, { "date": "2024-01-05", "close": 11.766, "volume": 2665, "typical_volume": 2226.3, "trend": 11.393, "fair_value": 11.097384, "relative_strength": -4.640865, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 40.966503, "energy": 77.986541, "activity_lines": [ 12.004667, 11.756982, 11.380248, 11.347402 ] }, { "date": "2024-01-12", "close": 11.786, "volume": 705, "typical_volume": 1969.15, "trend": 11.383467, "fair_value": 11.103478, "relative_strength": -4.400542, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 37.949981, "energy": 51.03639, "activity_lines": [ 11.926667, 11.813309, 11.43221, 11.372757 ] }, { "date": "2024-01-19", "close": 11.852, "volume": 5196, "typical_volume": 2207.15, "trend": 11.392933, "fair_value": 11.110044, "relative_strength": -3.155812, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 60.76576, "energy": 51.151473, "activity_lines": [ 11.8744, 11.8612, 11.487676, 11.402985 ] }, { "date": "2024-01-26", "close": 12.12, "volume": 5740, "typical_volume": 2453.85, "trend": 11.406533, "fair_value": 11.118826, "relative_strength": -1.156951, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 63.905174, "energy": 48.563586, "activity_lines": [ 11.935733, 11.936182, 11.567295, 11.449892 ] }, { "date": "2024-02-02", "close": 11.988, "volume": 1181, "typical_volume": 2301.6, "trend": 11.415333, "fair_value": 11.126319, "relative_strength": -3.112325, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 52.65055, "energy": 45.945817, "activity_lines": [ 11.954267, 11.962109, 11.630276, 11.487406 ] }, { "date": "2024-02-09", "close": 12.2, "volume": 1795, "typical_volume": 2349.2, "trend": 11.4312, "fair_value": 11.135496, "relative_strength": -2.625092, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 71.844033, "energy": 55.959033, "activity_lines": [ 12.053467, 12.010945, 11.710752, 11.53803 ] }, { "date": "2024-02-16", "close": 12.216, "volume": 4278, "typical_volume": 2486.9, "trend": 11.436933, "fair_value": 11.144653, "relative_strength": -4.097269, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 69.308608, "energy": 58.990216, "activity_lines": [ 12.129067, 12.049382, 11.786771, 11.588662 ] }, { "date": "2024-02-23", "close": 12.306, "volume": 3201, "typical_volume": 2550.1, "trend": 11.442333, "fair_value": 11.154412, "relative_strength": -6.031143, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 71.584467, "energy": 63.422533, "activity_lines": [ 12.206, 12.097382, 11.866, 11.644731 ] }, { "date": "2024-03-01", "close": 12.732, "volume": 6334, "typical_volume": 2833.7, "trend": 11.480533, "fair_value": 11.167558, "relative_strength": -3.336717, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 88.899635, "energy": 87.574087, "activity_lines": [ 12.394667, 12.2212, 11.979362, 11.727935 ] }, { "date": "2024-03-08", "close": 12.896, "volume": 417, "typical_volume": 2667.1, "trend": 11.534067, "fair_value": 11.181843, "relative_strength": -3.310797, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 89.771489, "energy": 94.360362, "activity_lines": [ 12.5972, 12.364036, 12.099505, 11.819256 ] }, { "date": "2024-03-15", "close": 12.486, "volume": 5692, "typical_volume": 2603.0, "trend": 11.579667, "fair_value": 11.192533, "relative_strength": -7.529449, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.484511, "energy": 85.923281, "activity_lines": [ 12.602533, 12.418545, 12.168924, 11.880671 ] }, { "date": "2024-03-22", "close": 12.704, "volume": 2418, "typical_volume": 2654.25, "trend": 11.629733, "fair_value": 11.204821, "relative_strength": -6.734337, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 71.000286, "energy": 86.149623, "activity_lines": [ 12.661467, 12.4996, 12.248619, 11.953209 ] }, { "date": "2024-03-29", "close": 12.794, "volume": 983, "typical_volume": 2703.4, "trend": 11.670733, "fair_value": 11.217637, "relative_strength": -6.920087, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 72.570206, "energy": 71.437048, "activity_lines": [ 12.717867, 12.580327, 12.327162, 12.028323 ] }, { "date": "2024-04-05", "close": 12.656, "volume": 1496, "typical_volume": 2712.5, "trend": 11.717067, "fair_value": 11.229144, "relative_strength": -5.763611, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.845052, "energy": 60.315672, "activity_lines": [ 12.695733, 12.618836, 12.38241, 12.091888 ] }, { "date": "2024-04-12", "close": 12.63, "volume": 544, "typical_volume": 2700.15, "trend": 11.757333, "fair_value": 11.240262, "relative_strength": -5.139621, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.710676, "energy": 56.022374, "activity_lines": [ 12.67, 12.642873, 12.426067, 12.150787 ] }, { "date": "2024-04-19", "close": 12.22, "volume": 167, "typical_volume": 2604.5, "trend": 11.799867, "fair_value": 11.247976, "relative_strength": -8.482301, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 45.288306, "energy": 37.030853, "activity_lines": [ 12.525333, 12.580691, 12.423524, 12.180637 ] }, { "date": "2024-04-26", "close": 12.268, "volume": 1946, "typical_volume": 2405.9, "trend": 11.839133, "fair_value": 11.255945, "relative_strength": -8.846566, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 37.413, "energy": 25.68795, "activity_lines": [ 12.4144, 12.526873, 12.421971, 12.210839 ] }, { "date": "2024-05-03", "close": 12.39, "volume": 3974, "typical_volume": 2526.25, "trend": 11.887, "fair_value": 11.264736, "relative_strength": -6.173978, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 31.054556, "energy": 25.316587, "activity_lines": [ 12.3732, 12.494291, 12.43001, 12.246378 ] }, { "date": "2024-05-10", "close": 12.7, "volume": 100, "typical_volume": 2441.6, "trend": 11.9478, "fair_value": 11.275777, "relative_strength": -6.564906, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 47.351919, "energy": 27.298818, "activity_lines": [ 12.462267, 12.516545, 12.466743, 12.29883 ] }, { "date": "2024-05-17", "close": 12.866, "volume": 299, "typical_volume": 2456.55, "trend": 12.028533, "fair_value": 11.287916, "relative_strength": -7.112295, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 71.123864, "energy": 41.863039, "activity_lines": [ 12.603733, 12.569564, 12.51661, 12.358069 ] }, { "date": "2024-05-24", "close": 13.012, "volume": 2373, "typical_volume": 2441.95, "trend": 12.119467, "fair_value": 11.300977, "relative_strength": -3.399897, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 78.734509, "energy": 66.486162, "activity_lines": [ 12.778133, 12.649673, 12.576914, 12.421518 ] }, { "date": "2024-05-31", "close": 12.698, "volume": 1638, "typical_volume": 2488.6, "trend": 12.187333, "fair_value": 11.311481, "relative_strength": -5.434215, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 60.306776, "energy": 66.48336, "activity_lines": [ 12.795067, 12.663127, 12.601381, 12.458843 ] }, { "date": "2024-06-07", "close": 12.744, "volume": 1480, "typical_volume": 2302.8, "trend": 12.256733, "fair_value": 11.322172, "relative_strength": -5.2126, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 58.816233, "energy": 62.116426, "activity_lines": [ 12.798667, 12.685055, 12.625886, 12.494757 ] }, { "date": "2024-06-14", "close": 12.942, "volume": 2845, "typical_volume": 2158.05, "trend": 12.330067, "fair_value": 11.33417, "relative_strength": 2.327203, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 68.234034, "energy": 60.146691, "activity_lines": [ 12.844667, 12.743891, 12.665, 12.538968 ] }, { "date": "2024-06-21", "close": 12.902, "volume": 3438, "typical_volume": 2270.9, "trend": 12.3892, "fair_value": 11.345699, "relative_strength": 0.226791, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 62.051443, "energy": 44.938296, "activity_lines": [ 12.8612, 12.790255, 12.69639, 12.575867 ] }, { "date": "2024-06-28", "close": 12.762, "volume": 216, "typical_volume": 2191.95, "trend": 12.432333, "fair_value": 11.356036, "relative_strength": -0.248708, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 55.390425, "energy": 39.474927, "activity_lines": [ 12.828667, 12.806218, 12.710095, 12.599918 ] }, { "date": "2024-07-05", "close": 12.96, "volume": 566, "typical_volume": 2006.35, "trend": 12.4696, "fair_value": 11.367659, "relative_strength": -0.985693, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 64.783935, "energy": 45.298628, "activity_lines": [ 12.8788, 12.848327, 12.739981, 12.633961 ] }, { "date": "2024-07-12", "close": 13.326, "volume": 1286, "typical_volume": 1910.6, "trend": 12.5066, "fair_value": 11.381748, "relative_strength": 0.183112, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 83.544181, "energy": 68.050772, "activity_lines": [ 13.033467, 12.9444, 12.801181, 12.689213 ] }, { "date": "2024-07-19", "close": 13.164, "volume": 2484, "typical_volume": 1718.1, "trend": 12.5408, "fair_value": 11.394479, "relative_strength": 0.184542, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 70.438095, "energy": 69.372759, "activity_lines": [ 13.095333, 12.994, 12.842095, 12.731626 ] }, { "date": "2024-07-26", "close": 12.292, "volume": 1736, "typical_volume": 1784.05, "trend": 12.545933, "fair_value": 11.400844, "relative_strength": -5.10538, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 16.039727, "energy": 17.922255, "activity_lines": [ 12.851733, 12.876618, 12.797905, 12.715574 ] }, { "date": "2024-08-02", "close": 12.088, "volume": 1865, "typical_volume": 1592.7, "trend": 12.556667, "fair_value": 11.405683, "relative_strength": -1.316947, "stage": 2, "regime": "rotation_down", "modifier": "Structural failure", "gate": "up", "direction": -14.406599, "energy": 18.599195, "activity_lines": [ 12.5808, 12.732582, 12.737162, 12.68603 ] }, { "date": "2024-08-09", "close": 11.382, "volume": 1383, "typical_volume": 1540.95, "trend": 12.5432, "fair_value": 11.405517, "relative_strength": -6.193514, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "mixed", "direction": -49.99102, "energy": 51.906084, "activity_lines": [ 12.119467, 12.476982, 12.611076, 12.610245 ] }, { "date": "2024-08-16", "close": 11.568, "volume": 261, "typical_volume": 1504.85, "trend": 12.533733, "fair_value": 11.406646, "relative_strength": -8.060145, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -52.191741, "energy": 76.597422, "activity_lines": [ 11.825333, 12.279127, 12.509, 12.547329 ] }, { "date": "2024-08-23", "close": 12.02, "volume": 610, "typical_volume": 1460.55, "trend": 12.5304, "fair_value": 11.410876, "relative_strength": -6.007237, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -64.48013, "energy": 82.902529, "activity_lines": [ 11.799067, 12.184836, 12.45581, 12.514185 ] }, { "date": "2024-08-30", "close": 11.996, "volume": 520, "typical_volume": 1459.35, "trend": 12.530667, "fair_value": 11.414884, "relative_strength": -7.913412, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.453757, "energy": 81.33754, "activity_lines": [ 11.841067, 12.102945, 12.403362, 12.479708 ] }, { "date": "2024-09-06", "close": 11.276, "volume": 486, "typical_volume": 1475.3, "trend": 12.499867, "fair_value": 11.413939, "relative_strength": -10.352732, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -84.353375, "energy": 82.182581, "activity_lines": [ 11.6628, 11.906618, 12.285362, 12.398761 ] }, { "date": "2024-09-13", "close": 11.666, "volume": 6, "typical_volume": 1378.3, "trend": 12.481533, "fair_value": 11.415642, "relative_strength": -7.793326, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.12381, "energy": 54.777302, "activity_lines": [ 11.668667, 11.808218, 12.209, 12.344963 ] }, { "date": "2024-09-20", "close": 11.588, "volume": 180, "typical_volume": 1188.6, "trend": 12.4576, "fair_value": 11.416799, "relative_strength": -8.751037, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.836969, "energy": 56.062395, "activity_lines": [ 11.6296, 11.719164, 12.128076, 12.287316 ] }, { "date": "2024-09-27", "close": 11.83, "volume": 21, "typical_volume": 1184.65, "trend": 12.427533, "fair_value": 11.419553, "relative_strength": -9.192572, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.13549, "energy": 51.637623, "activity_lines": [ 11.669867, 11.705709, 12.074019, 12.246826 ] }, { "date": "2024-10-04", "close": 11.842, "volume": 9, "typical_volume": 1170.15, "trend": 12.3924, "fair_value": 11.422351, "relative_strength": -5.835061, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -47.930631, "energy": 37.918799, "activity_lines": [ 11.7268, 11.718691, 12.025248, 12.209049 ] }, { "date": "2024-10-11", "close": 12.11, "volume": 2524, "typical_volume": 1177.7, "trend": 12.379867, "fair_value": 11.426875, "relative_strength": -5.551865, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -42.061316, "energy": 26.516279, "activity_lines": [ 11.883333, 11.788582, 12.006876, 12.19083 ] }, { "date": "2024-10-18", "close": 12.318, "volume": 20, "typical_volume": 1096.8, "trend": 12.367, "fair_value": 11.432699, "relative_strength": -6.221025, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -22.407508, "energy": 21.61829, "activity_lines": [ 12.0536, 11.895891, 12.01261, 12.186839 ] }, { "date": "2024-10-25", "close": 12.294, "volume": 338, "typical_volume": 1039.7, "trend": 12.350333, "fair_value": 11.438292, "relative_strength": -5.137591, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -12.457367, "energy": 23.158477, "activity_lines": [ 12.1724, 11.981818, 12.017867, 12.182129 ] }, { "date": "2024-11-01", "close": 12.21, "volume": 1901, "typical_volume": 992.5, "trend": 12.335467, "fair_value": 11.443271, "relative_strength": -5.417872, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -6.235364, "energy": 22.761883, "activity_lines": [ 12.216133, 12.039273, 12.017267, 12.173075 ] }, { "date": "2024-11-08", "close": 12.848, "volume": 697, "typical_volume": 855.45, "trend": 12.342733, "fair_value": 11.452276, "relative_strength": 2.021357, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "mixed", "direction": 46.906467, "energy": 56.881603, "activity_lines": [ 12.4472, 12.209273, 12.080914, 12.206142 ] }, { "date": "2024-11-15", "close": 12.704, "volume": 508, "typical_volume": 870.05, "trend": 12.358867, "fair_value": 11.448032, "relative_strength": -0.266525, "stage": 4, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 37.31581, "energy": 63.925337, "activity_lines": [ 12.5632, 12.3376, 12.131105, 12.229449 ] }, { "date": "2024-11-22", "close": 13.096, "volume": 2525, "typical_volume": 968.0, "trend": 12.386467, "fair_value": 11.448314, "relative_strength": 4.880497, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 51.36644, "energy": 75.991378, "activity_lines": [ 12.770267, 12.511236, 12.218905, 12.277006 ] }, { "date": "2024-11-29", "close": 13.18, "volume": 1680, "typical_volume": 987.7, "trend": 12.4128, "fair_value": 11.451737, "relative_strength": 5.744573, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 45.675332, "energy": 75.257771, "activity_lines": [ 12.953467, 12.674145, 12.314057, 12.328202 ] }, { "date": "2024-12-06", "close": 13.26, "volume": 944, "typical_volume": 910.7, "trend": 12.431467, "fair_value": 11.453071, "relative_strength": 2.341059, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 52.819409, "energy": 81.958931, "activity_lines": [ 13.104267, 12.822655, 12.417524, 12.38286 ] }, { "date": "2024-12-13", "close": 13.3, "volume": 149, "typical_volume": 831.35, "trend": 12.445933, "fair_value": 11.456263, "relative_strength": 2.351555, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 51.086771, "energy": 81.868539, "activity_lines": [ 13.1984, 12.952436, 12.524343, 12.438895 ] }, { "date": "2024-12-20", "close": 12.93, "volume": 96, "typical_volume": 742.9, "trend": 12.4432, "fair_value": 11.455878, "relative_strength": 2.90366, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 67.068511, "energy": 79.566019, "activity_lines": [ 13.139067, 12.988436, 12.591124, 12.470125 ] }, { "date": "2024-12-27", "close": 13.06, "volume": 15, "typical_volume": 674.5, "trend": 12.455267, "fair_value": 11.455327, "relative_strength": 2.829971, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.502186, "energy": 68.340107, "activity_lines": [ 13.108, 13.033164, 12.666276, 12.509918 ] }, { "date": "2025-01-03", "close": 13.096, "volume": 5, "typical_volume": 661.7, "trend": 12.467, "fair_value": 11.459378, "relative_strength": 3.228006, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 63.027362, "energy": 55.147498, "activity_lines": [ 13.091333, 13.070945, 12.736867, 12.551256 ] }, { "date": "2025-01-10", "close": 13.23, "volume": 2667, "typical_volume": 764.55, "trend": 12.4766, "fair_value": 11.466096, "relative_strength": 1.476528, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 69.631504, "energy": 53.612932, "activity_lines": [ 13.124933, 13.118509, 12.812943, 12.600482 ] }, { "date": "2025-01-17", "close": 13.5, "volume": 882, "typical_volume": 782.65, "trend": 12.496533, "fair_value": 11.477506, "relative_strength": 0.283522, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 79.586658, "energy": 60.942033, "activity_lines": [ 13.250533, 13.196618, 12.908971, 12.666508 ] }, { "date": "2025-01-24", "close": 13.546, "volume": 1687, "typical_volume": 842.7, "trend": 12.522667, "fair_value": 11.492622, "relative_strength": 0.941012, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 75.394696, "energy": 62.580022, "activity_lines": [ 13.378133, 13.271236, 13.002219, 12.734215 ] }, { "date": "2025-01-31", "close": 13.404, "volume": 963, "typical_volume": 890.55, "trend": 12.537467, "fair_value": 11.507404, "relative_strength": -0.74218, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 63.831727, "energy": 59.228447, "activity_lines": [ 13.417333, 13.304727, 13.071133, 12.791075 ] }, { "date": "2025-02-07", "close": 13.482, "volume": 2559, "typical_volume": 1009.5, "trend": 12.542667, "fair_value": 11.520904, "relative_strength": -1.596153, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.645096, "energy": 71.321681, "activity_lines": [ 13.4596, 13.3468, 13.1392, 12.852013 ] }, { "date": "2025-02-14", "close": 13.348, "volume": 216, "typical_volume": 1019.25, "trend": 12.5488, "fair_value": 11.535186, "relative_strength": -4.77347, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 62.653763, "energy": 55.598004, "activity_lines": [ 13.431467, 13.359018, 13.185486, 12.90397 ] }, { "date": "2025-02-21", "close": 13.772, "volume": 1125, "typical_volume": 1075.05, "trend": 12.598133, "fair_value": 11.552186, "relative_strength": -2.790941, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 80.207586, "energy": 62.786424, "activity_lines": [ 13.5368, 13.446727, 13.264924, 12.982886 ] }, { "date": "2025-02-28", "close": 13.286, "volume": 2140, "typical_volume": 1055.85, "trend": 12.638067, "fair_value": 11.567122, "relative_strength": -6.58011, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 58.936846, "energy": 48.1357, "activity_lines": [ 13.462, 13.437491, 13.288886, 13.027265 ] }, { "date": "2025-03-07", "close": 12.66, "volume": 250, "typical_volume": 1067.35, "trend": 12.680667, "fair_value": 11.579045, "relative_strength": -10.567559, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 12.471823, "energy": 12.223452, "activity_lines": [ 13.195867, 13.307964, 13.247629, 13.02868 ] }, { "date": "2025-03-14", "close": 11.918, "volume": 1955, "typical_volume": 1148.2, "trend": 12.692333, "fair_value": 11.587224, "relative_strength": -15.680882, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "up", "direction": -25.103644, "energy": 34.407074, "activity_lines": [ 12.732, 13.0508, 13.134076, 12.979475 ] }, { "date": "2025-03-21", "close": 12.15, "volume": 23, "typical_volume": 1054.3, "trend": 12.696667, "fair_value": 11.592032, "relative_strength": -14.6151, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -42.501367, "energy": 51.956756, "activity_lines": [ 12.449733, 12.857236, 13.04441, 12.944486 ] }, { "date": "2025-03-28", "close": 11.756, "volume": 1162, "typical_volume": 1077.55, "trend": 12.688667, "fair_value": 11.594737, "relative_strength": -16.465416, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -46.637907, "energy": 71.903593, "activity_lines": [ 12.116, 12.611673, 12.917505, 12.883798 ] }, { "date": "2025-04-04", "close": 10.13, "volume": 506, "typical_volume": 1077.45, "trend": 12.650467, "fair_value": 11.590776, "relative_strength": -19.181403, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "mixed", "direction": -69.617306, "energy": 88.723121, "activity_lines": [ 11.374667, 12.102182, 12.640943, 12.718723 ] }, { "date": "2025-04-11", "close": 9.795, "volume": 175, "typical_volume": 959.95, "trend": 12.5881, "fair_value": 11.585756, "relative_strength": -20.061564, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -96.013539, "energy": 98.291523, "activity_lines": [ 10.732067, 11.593891, 12.344733, 12.534499 ] }, { "date": "2025-04-18", "close": 10.298, "volume": 1373, "typical_volume": 944.6, "trend": 12.5451, "fair_value": 11.582731, "relative_strength": -20.200597, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -76.221125, "energy": 91.458366, "activity_lines": [ 10.448133, 11.242673, 12.112148, 12.386751 ] }, { "date": "2025-04-25", "close": 10.888, "volume": 431, "typical_volume": 918.95, "trend": 12.5137, "fair_value": 11.586269, "relative_strength": -18.427511, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -68.35687, "energy": 87.997588, "activity_lines": [ 10.468867, 11.056618, 11.949476, 12.279841 ] }, { "date": "2025-05-02", "close": 10.852, "volume": 535, "typical_volume": 938.25, "trend": 12.4807, "fair_value": 11.589282, "relative_strength": -20.410736, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.449821, "energy": 75.071499, "activity_lines": [ 10.561733, 10.908745, 11.794671, 12.172634 ] }, { "date": "2025-05-09", "close": 11.624, "volume": 1346, "typical_volume": 1000.75, "trend": 12.4645, "fair_value": 11.600635, "relative_strength": -16.684503, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -51.536317, "energy": 48.880926, "activity_lines": [ 10.9722, 10.954327, 11.725048, 12.117363 ] }, { "date": "2025-05-16", "close": 12.484, "volume": 233, "typical_volume": 1011.65, "trend": 12.470033, "fair_value": 11.616494, "relative_strength": -13.084789, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -24.824014, "energy": 25.337359, "activity_lines": [ 11.569733, 11.186491, 11.743548, 12.118622 ] }, { "date": "2025-05-23", "close": 11.828, "volume": 1510, "typical_volume": 1086.9, "trend": 12.4545, "fair_value": 11.628122, "relative_strength": -14.828401, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -29.723945, "energy": 31.109284, "activity_lines": [ 11.769333, 11.302582, 11.702314, 12.0772 ] }, { "date": "2025-05-30", "close": 12.182, "volume": 528, "typical_volume": 979.95, "trend": 12.453567, "fair_value": 11.640224, "relative_strength": -13.314039, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -15.835564, "energy": 29.520012, "activity_lines": [ 11.984933, 11.484673, 11.700833, 12.059619 ] }, { "date": "2025-06-06", "close": 12.274, "volume": 489, "typical_volume": 960.3, "trend": 12.434433, "fair_value": 11.653391, "relative_strength": -13.456796, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -9.134712, "energy": 26.532434, "activity_lines": [ 12.144933, 11.682909, 11.713105, 12.048034 ] }, { "date": "2025-06-13", "close": 12.422, "volume": 88, "typical_volume": 880.35, "trend": 12.425033, "fair_value": 11.673571, "relative_strength": -9.425362, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 5.573551, "energy": 23.591837, "activity_lines": [ 12.259467, 11.898636, 11.74531, 12.047232 ] }, { "date": "2025-06-20", "close": 12.054, "volume": 546, "typical_volume": 859.5, "trend": 12.3903, "fair_value": 11.691173, "relative_strength": -11.249565, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -0.740701, "energy": 19.169233, "activity_lines": [ 12.198133, 12.005782, 11.747819, 12.023295 ] }, { "date": "2025-06-27", "close": 12.076, "volume": 236, "typical_volume": 743.35, "trend": 12.3535, "fair_value": 11.709468, "relative_strength": -11.833775, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -2.24531, "energy": 17.0249, "activity_lines": [ 12.1728, 12.075855, 11.758852, 12.003017 ] }, { "date": "2025-07-04", "close": 12.596, "volume": 362, "typical_volume": 750.65, "trend": 12.331367, "fair_value": 11.72766, "relative_strength": -7.431252, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 16.714855, "energy": 37.71088, "activity_lines": [ 12.304267, 12.208145, 11.826105, 12.018662 ] }, { "date": "2025-07-11", "close": 12.654, "volume": 86, "typical_volume": 698.7, "trend": 12.309833, "fair_value": 11.745506, "relative_strength": -7.703257, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 34.612061, "energy": 48.026218, "activity_lines": [ 12.427467, 12.319927, 11.902462, 12.039477 ] }, { "date": "2025-07-18", "close": 12.656, "volume": 30, "typical_volume": 593.2, "trend": 12.3007, "fair_value": 11.759583, "relative_strength": -7.857873, "stage": 4, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 33.584415, "energy": 58.069722, "activity_lines": [ 12.526, 12.399309, 11.984333, 12.061811 ] }, { "date": "2025-07-25", "close": 12.41, "volume": 3, "typical_volume": 580.85, "trend": 12.279033, "fair_value": 11.770596, "relative_strength": -10.26945, "stage": 4, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 25.604233, "energy": 57.678602, "activity_lines": [ 12.526933, 12.4152, 12.045776, 12.068862 ] }, { "date": "2025-08-01", "close": 12.68, "volume": 2, "typical_volume": 483.2, "trend": 12.265167, "fair_value": 11.781096, "relative_strength": -6.200869, "stage": 4, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 40.799335, "energy": 56.810473, "activity_lines": [ 12.594133, 12.481527, 12.134124, 12.094731 ] }, { "date": "2025-08-08", "close": 12.208, "volume": 1516, "typical_volume": 557.85, "trend": 12.2311, "fair_value": 11.789481, "relative_strength": -13.019106, "stage": 4, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 30.901846, "energy": 30.456755, "activity_lines": [ 12.463733, 12.446545, 12.17389, 12.091043 ] }, { "date": "2025-08-15", "close": 12.474, "volume": 315, "typical_volume": 515.5, "trend": 12.1969, "fair_value": 11.797186, "relative_strength": -12.98387, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 21.489569, "energy": 24.703866, "activity_lines": [ 12.447867, 12.459455, 12.238714, 12.106714 ] }, { "date": "2025-08-22", "close": 12.686, "volume": 89, "typical_volume": 494.65, "trend": 12.168233, "fair_value": 11.809263, "relative_strength": -12.523577, "stage": 4, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 46.94375, "energy": 42.610322, "activity_lines": [ 12.514667, 12.507273, 12.32031, 12.138269 ] }, { "date": "2025-08-29", "close": 12.838, "volume": 514, "typical_volume": 511.6, "trend": 12.149367, "fair_value": 11.826609, "relative_strength": -8.904246, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 78.35444, "energy": 70.871579, "activity_lines": [ 12.630133, 12.577927, 12.40421, 12.18148 ] }, { "date": "2025-09-05", "close": 12.766, "volume": 852, "typical_volume": 485.55, "trend": 12.1255, "fair_value": 11.84075, "relative_strength": -7.965991, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 71.490674, "energy": 78.979462, "activity_lines": [ 12.693067, 12.621236, 12.466762, 12.221262 ] }, { "date": "2025-09-12", "close": 12.732, "volume": 347, "typical_volume": 481.35, "trend": 12.104967, "fair_value": 11.854673, "relative_strength": -10.025611, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 63.974649, "energy": 78.593432, "activity_lines": [ 12.738933, 12.645818, 12.514324, 12.260391 ] }, { "date": "2025-09-19", "close": 12.862, "volume": 1089, "typical_volume": 509.05, "trend": 12.074633, "fair_value": 11.874006, "relative_strength": -8.353231, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 71.614988, "energy": 77.665584, "activity_lines": [ 12.7932, 12.691564, 12.565486, 12.309232 ] }, { "date": "2025-09-26", "close": 12.804, "volume": 852, "typical_volume": 484.35, "trend": 12.058567, "fair_value": 11.891942, "relative_strength": -9.268418, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 63.001703, "energy": 53.166435, "activity_lines": [ 12.802267, 12.722982, 12.601552, 12.356288 ] }, { "date": "2025-10-03", "close": 12.774, "volume": 9, "typical_volume": 473.15, "trend": 12.062367, "fair_value": 11.908827, "relative_strength": -10.463975, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 61.39835, "energy": 52.260515, "activity_lines": [ 12.793467, 12.746255, 12.629143, 12.402445 ] }, { "date": "2025-10-10", "close": 12.682, "volume": 403, "typical_volume": 417.8, "trend": 12.087833, "fair_value": 11.926865, "relative_strength": -8.276087, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 56.626636, "energy": 42.540892, "activity_lines": [ 12.758267, 12.746182, 12.64659, 12.442422 ] }, { "date": "2025-10-17", "close": 12.926, "volume": 1128, "typical_volume": 447.8, "trend": 12.1137, "fair_value": 11.945737, "relative_strength": -5.639355, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.911922, "energy": 44.214116, "activity_lines": [ 12.81, 12.790436, 12.68321, 12.496497 ] }, { "date": "2025-10-24", "close": 13.034, "volume": 1082, "typical_volume": 477.45, "trend": 12.1563, "fair_value": 11.962353, "relative_strength": -6.226574, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 70.853459, "energy": 48.372275, "activity_lines": [ 12.8848, 12.841273, 12.726571, 12.555871 ] }, { "date": "2025-10-31", "close": 13.148, "volume": 714, "typical_volume": 508.75, "trend": 12.2569, "fair_value": 11.980173, "relative_strength": -6.652629, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 74.355155, "energy": 54.583339, "activity_lines": [ 12.986133, 12.902655, 12.777171, 12.619852 ] }, { "date": "2025-11-07", "close": 12.034, "volume": 4414, "typical_volume": 702.15, "trend": 12.331533, "fair_value": 11.986519, "relative_strength": -13.542855, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "up", "direction": 7.990093, "energy": 11.756567, "activity_lines": [ 12.6932, 12.753091, 12.718219, 12.605471 ] }, { "date": "2025-11-14", "close": 12.12, "volume": 886, "typical_volume": 734.65, "trend": 12.392267, "fair_value": 11.993596, "relative_strength": -14.569972, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "up", "direction": -11.394284, "energy": 18.879268, "activity_lines": [ 12.478267, 12.633782, 12.667552, 12.591824 ] }, { "date": "2025-11-21", "close": 11.688, "volume": 170, "typical_volume": 725.05, "trend": 12.418933, "fair_value": 11.997827, "relative_strength": -14.443791, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -44.781156, "energy": 49.360687, "activity_lines": [ 12.1568, 12.447673, 12.575533, 12.546387 ] }, { "date": "2025-11-28", "close": 12.23, "volume": 572, "typical_volume": 749.35, "trend": 12.464867, "fair_value": 12.005212, "relative_strength": -11.312962, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -23.054873, "energy": 41.102296, "activity_lines": [ 12.098533, 12.379091, 12.539457, 12.534198 ] }, { "date": "2025-12-05", "close": 12.83, "volume": 13, "typical_volume": 748.5, "trend": 12.505067, "fair_value": 12.016904, "relative_strength": -6.638294, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -1.594276, "energy": 32.667252, "activity_lines": [ 12.293867, 12.431091, 12.562543, 12.557755 ] }, { "date": "2025-12-12", "close": 12.698, "volume": 50, "typical_volume": 750.85, "trend": 12.5122, "fair_value": 12.030609, "relative_strength": -7.266983, "stage": 2, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": 7.706135, "energy": 11.639627, "activity_lines": [ 12.4664, 12.458618, 12.572229, 12.570202 ] }, { "date": "2025-12-19", "close": 12.278, "volume": 799, "typical_volume": 790.7, "trend": 12.5272, "fair_value": 12.041365, "relative_strength": -12.243923, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -12.661999, "energy": 12.453243, "activity_lines": [ 12.454667, 12.411164, 12.540543, 12.555092 ] }, { "date": "2025-12-26", "close": 12.278, "volume": 0, "typical_volume": 714.9, "trend": 12.5304, "fair_value": 12.054404, "relative_strength": -11.36307, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -10.460518, "energy": 14.139521, "activity_lines": [ 12.4324, 12.371055, 12.510771, 12.539015 ] }, { "date": "2026-01-02", "close": 12.358, "volume": 27, "typical_volume": 700.5, "trend": 12.5332, "fair_value": 12.064609, "relative_strength": -11.684492, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -33.633806, "energy": 17.281977, "activity_lines": [ 12.397467, 12.357273, 12.488286, 12.527892 ] }, { "date": "2026-01-09", "close": 12.62, "volume": 18, "typical_volume": 696.95, "trend": 12.5398, "fair_value": 12.075301, "relative_strength": -9.925411, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -26.247423, "energy": 17.474429, "activity_lines": [ 12.441333, 12.403418, 12.491305, 12.533492 ] }, { "date": "2026-01-16", "close": 12.82, "volume": 261, "typical_volume": 684.3, "trend": 12.565333, "fair_value": 12.08866, "relative_strength": -8.127517, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 8.640206, "energy": 7.939999, "activity_lines": [ 12.565867, 12.495527, 12.513686, 12.55157 ] }, { "date": "2026-01-23", "close": 12.552, "volume": 15, "typical_volume": 642.45, "trend": 12.5812, "fair_value": 12.097237, "relative_strength": -7.556169, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 4.239668, "energy": 9.473918, "activity_lines": [ 12.592933, 12.524618, 12.510629, 12.55071 ] }, { "date": "2026-01-30", "close": 12.552, "volume": 0, "typical_volume": 625.1, "trend": 12.579733, "fair_value": 12.102788, "relative_strength": -8.433587, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 7.614034, "energy": 13.412145, "activity_lines": [ 12.601733, 12.545855, 12.50859, 12.548826 ] }, { "date": "2026-02-06", "close": 12.506, "volume": 1788, "typical_volume": 660.05, "trend": 12.5748, "fair_value": 12.108494, "relative_strength": -8.934553, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 8.116496, "energy": 11.922153, "activity_lines": [ 12.576933, 12.543018, 12.503029, 12.544069 ] }, { "date": "2026-02-13", "close": 12.99, "volume": 552, "typical_volume": 645.05, "trend": 12.585933, "fair_value": 12.116686, "relative_strength": -4.077723, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 31.760469, "energy": 34.49787, "activity_lines": [ 12.7036, 12.623164, 12.545257, 12.570856 ] }, { "date": "2026-02-20", "close": 13.25, "volume": 719, "typical_volume": 680.55, "trend": 12.613933, "fair_value": 12.127981, "relative_strength": -3.89688, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 43.369123, "energy": 56.556345, "activity_lines": [ 12.892267, 12.747673, 12.611362, 12.613699 ] }, { "date": "2026-02-27", "close": 13.44, "volume": 2, "typical_volume": 660.5, "trend": 12.639267, "fair_value": 12.140212, "relative_strength": -3.672048, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 85.505203, "energy": 85.907751, "activity_lines": [ 13.1156, 12.896691, 12.693295, 12.666994 ] }, { "date": "2026-03-06", "close": 12.998, "volume": 3654, "typical_volume": 786.8, "trend": 12.6656, "fair_value": 12.150058, "relative_strength": -0.169074, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 63.430469, "energy": 78.324841, "activity_lines": [ 13.1324, 12.944218, 12.729524, 12.690138 ] }, { "date": "2026-03-13", "close": 12.802, "volume": 1683, "typical_volume": 816.85, "trend": 12.676533, "fair_value": 12.15975, "relative_strength": -1.916162, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 60.557581, "energy": 68.053349, "activity_lines": [ 13.054133, 12.943018, 12.746743, 12.698938 ] }, { "date": "2026-03-20", "close": 12.59, "volume": 1780, "typical_volume": 870.15, "trend": 12.673333, "fair_value": 12.168481, "relative_strength": -0.103776, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 34.454149, "energy": 26.710024, "activity_lines": [ 12.885467, 12.8952, 12.744876, 12.693355 ] }, { "date": "2026-03-27", "close": 12.59, "volume": 0, "typical_volume": 649.45, "trend": 12.665067, "fair_value": 12.175532, "relative_strength": -1.257296, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 19.725222, "energy": 20.16775, "activity_lines": [ 12.743467, 12.847927, 12.745667, 12.687978 ] }, { "date": "2026-04-03", "close": 12.21, "volume": 344, "typical_volume": 622.35, "trend": 12.646533, "fair_value": 12.182801, "relative_strength": -8.80411, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "mixed", "direction": -25.712707, "energy": 32.925158, "activity_lines": [ 12.5188, 12.735745, 12.707619, 12.658619 ] }, { "date": "2026-04-10", "close": 13.226, "volume": 377, "typical_volume": 632.7, "trend": 12.663, "fair_value": 12.195737, "relative_strength": -5.269907, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 43.534967, "energy": 27.252287, "activity_lines": [ 12.7148, 12.814509, 12.765905, 12.696004 ] }, { "date": "2026-04-17", "close": 13.208, "volume": 1, "typical_volume": 604.15, "trend": 12.674533, "fair_value": 12.209788, "relative_strength": -7.741511, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 60.00992, "energy": 27.090025, "activity_lines": [ 12.8896, 12.877745, 12.815152, 12.731166 ] }, { "date": "2026-04-24", "close": 14.358, "volume": 494, "typical_volume": 628.2, "trend": 12.726333, "fair_value": 12.233571, "relative_strength": 2.77821, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 85.748727, "energy": 81.524331, "activity_lines": [ 13.420667, 13.137309, 12.969267, 12.839776 ] }, { "date": "2026-05-01", "close": 14.604, "volume": 574, "typical_volume": 654.4, "trend": 12.787333, "fair_value": 12.260071, "relative_strength": 3.128375, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 88.679682, "energy": 93.555485, "activity_lines": [ 13.915867, 13.416727, 13.139533, 12.960916 ] }, { "date": "2026-05-08", "close": 15.524, "volume": 79, "typical_volume": 618.4, "trend": 12.882067, "fair_value": 12.290968, "relative_strength": 7.164817, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 93.999619, "energy": 97.450941, "activity_lines": [ 14.583467, 13.8388, 13.388343, 13.137475 ] }, { "date": "2026-05-15", "close": 15.604, "volume": 205, "typical_volume": 628.65, "trend": 12.971333, "fair_value": 12.318532, "relative_strength": 8.023517, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 91.664892, "energy": 96.981554, "activity_lines": [ 15.0568, 14.237527, 13.629314, 13.313084 ] }, { "date": "2026-05-22", "close": 15.834, "volume": 157, "typical_volume": 635.15, "trend": 13.064667, "fair_value": 12.34875, "relative_strength": 8.597981, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 86.567355, "energy": 95.194475, "activity_lines": [ 15.448267, 14.630691, 13.876352, 13.497772 ] }, { "date": "2026-05-29", "close": 17.0, "volume": 1864, "typical_volume": 727.45, "trend": 13.193067, "fair_value": 12.382686, "relative_strength": 15.099824, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 95.415327, "energy": 98.206346, "activity_lines": [ 16.053333, 15.180727, 14.217886, 13.751665 ] }, { "date": "2026-06-05", "close": 17.076, "volume": 4, "typical_volume": 714.6, "trend": 13.361133, "fair_value": 12.415519, "relative_strength": 15.647058, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 89.17833, "energy": 95.925327, "activity_lines": [ 16.5076, 15.6644, 14.5458, 14.002176 ] }, { "date": "2026-06-12", "close": 16.414, "volume": 0, "typical_volume": 713.85, "trend": 13.504267, "fair_value": 12.443353, "relative_strength": 7.674829, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.517873, "energy": 78.206239, "activity_lines": [ 16.5764, 15.946145, 14.7904, 14.199135 ] }, { "date": "2026-06-19", "close": 16.93, "volume": 0, "typical_volume": 713.85, "trend": 13.679, "fair_value": 12.477724, "relative_strength": 8.126644, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 75.013511, "energy": 70.873519, "activity_lines": [ 16.757867, 16.245273, 15.065752, 14.420151 ] }, { "date": "2026-06-26", "close": 16.318001, "volume": 1604, "typical_volume": 704.65, "trend": 13.815267, "fair_value": 12.50725, "relative_strength": 7.337497, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.415137, "energy": 66.466124, "activity_lines": [ 16.646934, 16.365782, 15.261972, 14.590409 ] }, { "date": "2026-07-03", "close": 16.496, "volume": 0, "typical_volume": 677.05, "trend": 13.937467, "fair_value": 12.53784, "relative_strength": 5.354108, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.756138, "energy": 62.873634, "activity_lines": [ 16.563067, 16.462109, 15.456991, 14.763359 ] }, { "date": "2026-07-10", "close": 16.554001, "volume": 655, "typical_volume": 673.85, "trend": 14.066, "fair_value": 12.568801, "relative_strength": 6.144071, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.324266, "energy": 62.409297, "activity_lines": [ 16.532134, 16.530109, 15.640838, 14.932168 ] }, { "date": "2026-07-17", "close": 15.448, "volume": 203, "typical_volume": 683.9, "trend": 14.171667, "fair_value": 12.590622, "relative_strength": 0.555604, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 46.647926, "energy": 41.609422, "activity_lines": [ 16.167334, 16.361564, 15.703619, 15.021329 ] }, { "date": "2026-07-24", "close": 15.446, "volume": 1, "typical_volume": 501.25, "trend": 14.277267, "fair_value": 12.611788, "relative_strength": 0.740683, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 41.856306, "energy": 30.78086, "activity_lines": [ 15.866267, 16.194037, 15.756648, 15.103544 ] }, { "date": "2026-07-31", "close": 15.258, "volume": 1195, "typical_volume": 476.85, "trend": 14.373933, "fair_value": 12.635327, "relative_strength": -1.03235, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 32.714117, "energy": 32.159324, "activity_lines": [ 15.601467, 15.9952, 15.780114, 15.166817 ] }, { "date": "2026-08-07", "close": 16.628, "volume": 229, "typical_volume": 399.3, "trend": 14.507533, "fair_value": 12.669545, "relative_strength": 4.643082, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 54.130975, "energy": 34.975484, "activity_lines": [ 15.864, 16.055927, 15.922362, 15.312241 ] } ], "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." } } }