{ "ticker": { "uuid": "470b126f-9450-4ac7-87a8-f5c8a177d650", "symbol": "BMIN4", "name": "Banco Mercantil de Investimentos S.A.", "exchange": "SAO", "country": "BR", "assetType": "equity" }, "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.", "analysis": { "eligible": true, "as_of": "2026-08-07", "benchmark": "^BVSP", "stage": 1, "stage_name": "Basing", "phase": "1b", "phase_label": "Stage 1B \u00b7 Basing", "transition": "stage_1_building", "transition_label": "Base still building", "confidence": 52.232, "architecture_regime": "downward_expansion", "architecture_regime_label": "Downward Expansion", "architecture_modifier": "Early contraction", "architecture_gate": "down", "architecture_direction": -46.86, "architecture_energy": 23.701, "architecture_maturity": 48.326, "architecture_confidence": 67.531, "architecture_tenure": "New", "architecture": { "interpretation": { "headline": "The weekly architecture is expanding downward.", "body": "Trend and Activity show sustained negative alignment with weak price acceptance. Repair requires persistent improvement across the structure, not merely one strong observation." }, "scores": { "balance": 35.21, "rotation_up": 29.0, "upward_expansion": 21.18, "deceleration": 43.91, "rotation_down": 30.96, "downward_expansion": 57.51 }, "activity_lines": [ 17.992666, 18.001273, 17.955714, 18.110222 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": -0.166667 }, "latest_close": 17.799999, "trend_reference": 18.33258, "distance_from_trend": -0.029051, "trend_direction": "Improving", "fair_value": 15.527335, "distance_from_fair_value": 0.146365, "fair_value_direction": "Weakening", "relative_strength": -2.341375, "relative_strength_direction": "Improving", "price_momentum": -0.094621, "excess_performance": -0.037573, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.029051, "read": "Below" }, { "label": "Trend direction", "positive": true, "value": 0.014443, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.146365, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.036096, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.023414, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.090183, "read": "Improving" }, { "label": "Price momentum", "positive": false, "value": -0.094621, "read": "Negative" }, { "label": "Volume balance", "positive": true, "value": 2.2, "read": "Demand-led" } ], "volume": { "latest": 100, "relative_activity": 0.20202, "balance": 2.2, "dry_up": 0.606061, "accumulation_observations": 1, "distribution_observations": 0 }, "risk": { "range_context": 0.012316, "annualized_volatility": 0.67452, "from_high_reference": -0.314955, "from_low_reference": 0.139255 }, "levels": { "trend_reference": 18.33258, "fair_value_reference": 15.527335, "structural_low": 16.266985, "invalidation": "A renewed decline below the structural range low, widening the discount to current Fair Value while Trend falls, weakens the base diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 18, "median_return": -0.012457, "positive_rate": 0.333333, "directional_follow_through": 0.666667, "median_excess_return": -0.001341, "regime_survival": 0.833333, "best_return": 0.077752, "worst_return": -0.085655, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 6, "median_return": -0.03252, "positive_rate": 0.333333, "directional_follow_through": 0.666667, "median_excess_return": 0.02731, "regime_survival": 0.666667, "best_return": 0.136239, "worst_return": -0.105319, "sufficient": true }, { "horizon": "Extended", "sample_count": 3, "median_return": -0.080887, "positive_rate": 0.333333, "directional_follow_through": 0.666667, "median_excess_return": -0.064432, "regime_survival": 0.333333, "best_return": 0.070113, "worst_return": -0.11144, "sufficient": false }, { "horizon": "Full cycle", "sample_count": 2, "median_return": -0.025044, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": -0.02977, "regime_survival": 0.5, "best_return": 0.206231, "worst_return": -0.25632, "sufficient": false } ], "ledger": [ { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-08-16", "end": "2024-09-06", "tenure": "New", "return": 0.03125, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-09-13", "end": "2024-11-22", "tenure": "Developing", "return": -0.024242, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-11-29", "end": "2025-01-10", "tenure": "Developing", "return": 0.10774, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-01-17", "end": "2025-02-28", "tenure": "Developing", "return": -0.055974, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-03-07", "end": "2025-05-30", "tenure": "Established", "return": 0.032827, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-06-06", "end": "2025-09-26", "tenure": "Established", "return": 0.051714, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-10-03", "end": "2025-10-17", "tenure": "New", "return": -0.007084, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-10-24", "end": "2025-10-31", "tenure": "New", "return": 0.036752, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-11-07", "end": "2025-11-14", "tenure": "New", "return": 0.059719, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-11-21", "end": "2026-03-20", "tenure": "Established", "return": 0.069726, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-03-27", "end": "2026-06-26", "tenure": "Established", "return": -0.013143, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-07-03", "end": "2026-07-17", "tenure": "New", "return": 0.0, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2026-07-24", "end": "2026-07-24", "tenure": "New", "return": 0.0, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-07-31", "end": "2026-08-07", "tenure": "New", "return": 0.011364, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 11.792493, "volume": 2500, "typical_volume": 2205.0, "trend": 10.951059, "fair_value": 12.101542, "relative_strength": 7.771468, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 54.543417, "energy": 36.79602, "activity_lines": [ 12.105305, 12.090559, 11.726684, 11.398444 ] }, { "date": "2023-08-25", "close": 11.651811, "volume": 100, "typical_volume": 2045.0, "trend": 11.006276, "fair_value": 12.081623, "relative_strength": 5.845097, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 42.169705, "energy": 27.78831, "activity_lines": [ 11.978966, 12.003592, 11.752811, 11.443654 ] }, { "date": "2023-09-01", "close": 12.404875, "volume": 4400, "typical_volume": 2245.0, "trend": 11.098698, "fair_value": 12.079508, "relative_strength": 10.38576, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.801629, "energy": 35.888041, "activity_lines": [ 12.100339, 12.067238, 11.848372, 11.533886 ] }, { "date": "2023-09-08", "close": 12.065582, "volume": 900, "typical_volume": 2240.0, "trend": 11.179809, "fair_value": 12.075135, "relative_strength": 9.425193, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 47.863595, "energy": 24.758945, "activity_lines": [ 12.082133, 12.063326, 11.905748, 11.596265 ] }, { "date": "2023-09-15", "close": 13.240694, "volume": 4400, "typical_volume": 2405.0, "trend": 11.30503, "fair_value": 12.084658, "relative_strength": 16.102946, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 76.150821, "energy": 51.44367, "activity_lines": [ 12.451769, 12.27939, 12.065779, 11.729226 ] }, { "date": "2023-09-22", "close": 13.240694, "volume": 300, "typical_volume": 2410.0, "trend": 11.415433, "fair_value": 12.089701, "relative_strength": 18.406153, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 78.332377, "energy": 80.624696, "activity_lines": [ 12.788304, 12.480407, 12.211545, 11.854107 ] }, { "date": "2023-09-29", "close": 13.571711, "volume": 500, "typical_volume": 2355.0, "trend": 11.530448, "fair_value": 12.096741, "relative_strength": 20.313668, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 82.397705, "energy": 89.891247, "activity_lines": [ 13.13863, 12.716031, 12.373468, 11.993222 ] }, { "date": "2023-10-06", "close": 13.571711, "volume": 0, "typical_volume": 2180.0, "trend": 11.607675, "fair_value": 12.104199, "relative_strength": 22.129741, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 76.590649, "energy": 90.510468, "activity_lines": [ 13.360963, 12.915845, 12.519825, 12.124916 ] }, { "date": "2023-10-13", "close": 13.240694, "volume": 100, "typical_volume": 2165.0, "trend": 11.67443, "fair_value": 12.103172, "relative_strength": 16.970183, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.967817, "energy": 86.14373, "activity_lines": [ 13.395169, 13.027037, 12.620982, 12.230272 ] }, { "date": "2023-10-20", "close": 13.232418, "volume": 200, "typical_volume": 2170.0, "trend": 11.784494, "fair_value": 12.104688, "relative_strength": 18.745541, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.153231, "energy": 78.571394, "activity_lines": [ 13.348274, 13.114305, 12.708308, 12.330788 ] }, { "date": "2023-10-27", "close": 13.232418, "volume": 0, "typical_volume": 2160.0, "trend": 11.900074, "fair_value": 12.113027, "relative_strength": 17.804699, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.287528, "energy": 57.42734, "activity_lines": [ 13.301932, 13.192696, 12.786215, 12.424202 ] }, { "date": "2023-11-03", "close": 13.075186, "volume": 600, "typical_volume": 1865.0, "trend": 11.963519, "fair_value": 12.11793, "relative_strength": 11.008271, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 48.18748, "energy": 42.525265, "activity_lines": [ 13.20373, 13.216319, 12.837404, 12.500016 ] }, { "date": "2023-11-10", "close": 13.157939, "volume": 1000, "typical_volume": 1835.0, "trend": 12.029722, "fair_value": 12.118968, "relative_strength": 8.929166, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 44.904091, "energy": 37.617351, "activity_lines": [ 13.166215, 13.229108, 12.893283, 12.577075 ] }, { "date": "2023-11-17", "close": 13.116563, "volume": 400, "typical_volume": 1495.0, "trend": 12.129579, "fair_value": 12.127695, "relative_strength": 4.455371, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 43.664377, "energy": 38.238679, "activity_lines": [ 13.142492, 13.220682, 12.940099, 12.647194 ] }, { "date": "2023-11-24", "close": 12.330397, "volume": 2600, "typical_volume": 1600.0, "trend": 12.199093, "fair_value": 12.12682, "relative_strength": -2.326523, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 13.538912, "energy": 17.176738, "activity_lines": [ 12.86499, 13.050209, 12.908691, 12.66015 ] }, { "date": "2023-12-01", "close": 12.41315, "volume": 4200, "typical_volume": 1280.0, "trend": 12.279089, "fair_value": 12.124926, "relative_strength": -3.836114, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 2.995028, "energy": 19.206264, "activity_lines": [ 12.675206, 12.911332, 12.88556, 12.67396 ] }, { "date": "2023-12-08", "close": 13.149665, "volume": 2100, "typical_volume": 1250.0, "trend": 12.37398, "fair_value": 12.129679, "relative_strength": 2.40438, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 26.931847, "energy": 24.455863, "activity_lines": [ 12.785545, 12.921413, 12.929814, 12.730126 ] }, { "date": "2023-12-15", "close": 12.744168, "volume": 200, "typical_volume": 1255.0, "trend": 12.442115, "fair_value": 12.130576, "relative_strength": -3.197679, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 5.740089, "energy": 21.64494, "activity_lines": [ 12.755754, 12.865441, 12.92808, 12.75401 ] }, { "date": "2023-12-22", "close": 13.406202, "volume": 1400, "typical_volume": 1325.0, "trend": 12.538937, "fair_value": 12.132787, "relative_strength": -0.380598, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 53.040681, "energy": 27.648014, "activity_lines": [ 12.974225, 12.944885, 12.985889, 12.816209 ] }, { "date": "2023-12-29", "close": 13.596539, "volume": 1700, "typical_volume": 1380.0, "trend": 12.617002, "fair_value": 12.136679, "relative_strength": -0.270863, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 74.157337, "energy": 67.007362, "activity_lines": [ 13.236832, 13.055926, 13.055167, 12.884441 ] }, { "date": "2024-01-05", "close": 13.488956, "volume": 300, "typical_volume": 1270.0, "trend": 12.707756, "fair_value": 12.13021, "relative_strength": 0.335583, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.381333, "energy": 71.666988, "activity_lines": [ 13.37917, 13.140787, 13.110139, 12.940696 ] }, { "date": "2024-01-12", "close": 12.992431, "volume": 700, "typical_volume": 1300.0, "trend": 12.727341, "fair_value": 12.125583, "relative_strength": -2.698227, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 56.842814, "energy": 58.720723, "activity_lines": [ 13.284278, 13.130706, 13.109745, 12.959062 ] }, { "date": "2024-01-19", "close": 13.73722, "volume": 500, "typical_volume": 1105.0, "trend": 12.782511, "fair_value": 12.13025, "relative_strength": 5.214388, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 72.629863, "energy": 68.071119, "activity_lines": [ 13.448131, 13.257546, 13.173899, 13.024216 ] }, { "date": "2024-01-26", "close": 15.557814, "volume": 28400, "typical_volume": 2480.0, "trend": 12.887333, "fair_value": 12.14751, "relative_strength": 17.228117, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 92.128985, "energy": 79.044691, "activity_lines": [ 14.152646, 13.70487, 13.405099, 13.203268 ] }, { "date": "2024-02-02", "close": 13.794991, "volume": 133000, "typical_volume": 8910.0, "trend": 12.933394, "fair_value": 12.144468, "relative_strength": 5.01785, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 52.897137, "energy": 33.689718, "activity_lines": [ 14.126113, 13.787295, 13.451781, 13.261826 ] }, { "date": "2024-02-09", "close": 13.661491, "volume": 43500, "typical_volume": 11070.0, "trend": 12.994315, "fair_value": 12.13785, "relative_strength": 2.977605, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 50.530495, "energy": 31.681101, "activity_lines": [ 14.041849, 13.818818, 13.48311, 13.3088 ] }, { "date": "2024-02-16", "close": 14.142092, "volume": 1700, "typical_volume": 11130.0, "trend": 13.078979, "fair_value": 12.136406, "relative_strength": 5.568156, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 50.547593, "energy": 30.702696, "activity_lines": [ 14.106283, 13.915026, 13.558206, 13.38285 ] }, { "date": "2024-02-23", "close": 13.794991, "volume": 6600, "typical_volume": 11460.0, "trend": 13.138557, "fair_value": 12.115154, "relative_strength": 2.183751, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 45.650476, "energy": 21.028499, "activity_lines": [ 13.978373, 13.930081, 13.597528, 13.429045 ] }, { "date": "2024-03-01", "close": 14.50699, "volume": 6400, "typical_volume": 11775.0, "trend": 13.221868, "fair_value": 12.115303, "relative_strength": 7.362531, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 51.940008, "energy": 24.223197, "activity_lines": [ 14.083944, 14.055484, 13.703597, 13.517331 ] }, { "date": "2024-03-08", "close": 14.631592, "volume": 200, "typical_volume": 11775.0, "trend": 13.284783, "fair_value": 12.112317, "relative_strength": 9.949965, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 52.395867, "energy": 27.227006, "activity_lines": [ 14.301105, 14.183528, 13.815503, 13.60828 ] }, { "date": "2024-03-15", "close": 14.50699, "volume": 900, "typical_volume": 11820.0, "trend": 13.375266, "fair_value": 12.110831, "relative_strength": 9.211094, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 50.700614, "energy": 27.181183, "activity_lines": [ 14.420957, 14.270098, 13.908879, 13.687133 ] }, { "date": "2024-03-22", "close": 14.239991, "volume": 1000, "typical_volume": 11840.0, "trend": 13.461538, "fair_value": 12.108429, "relative_strength": 6.732989, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 49.337654, "energy": 29.287155, "activity_lines": [ 14.395444, 14.289612, 13.970758, 13.742921 ] }, { "date": "2024-03-29", "close": 14.239991, "volume": 500, "typical_volume": 11815.0, "trend": 13.522709, "fair_value": 12.105762, "relative_strength": 5.538131, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 46.556723, "energy": 24.34163, "activity_lines": [ 14.363404, 14.286444, 14.027089, 13.793144 ] }, { "date": "2024-04-05", "close": 14.213291, "volume": 1100, "typical_volume": 11850.0, "trend": 13.594299, "fair_value": 12.102216, "relative_strength": 6.40437, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 44.47566, "energy": 20.316051, "activity_lines": [ 14.292798, 14.26928, 14.075726, 13.837698 ] }, { "date": "2024-04-12", "close": 13.679291, "volume": 700, "typical_volume": 11755.0, "trend": 13.608919, "fair_value": 12.096441, "relative_strength": 3.03131, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 27.501453, "energy": 11.887587, "activity_lines": [ 14.063771, 14.179471, 14.068282, 13.843181 ] }, { "date": "2024-04-19", "close": 13.260991, "volume": 1300, "typical_volume": 11610.0, "trend": 13.609596, "fair_value": 12.087939, "relative_strength": 0.371913, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 17.024066, "energy": 10.603904, "activity_lines": [ 13.758798, 14.015711, 14.014577, 13.820734 ] }, { "date": "2024-04-26", "close": 14.044191, "volume": 900, "typical_volume": 11550.0, "trend": 13.625345, "fair_value": 12.083398, "relative_strength": 4.875711, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 14.635123, "energy": 10.089349, "activity_lines": [ 13.797958, 14.001633, 14.031425, 13.848772 ] }, { "date": "2024-05-03", "close": 13.527991, "volume": 1900, "typical_volume": 11635.0, "trend": 13.623888, "fair_value": 12.076123, "relative_strength": -0.718964, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 3.491398, "energy": 19.454263, "activity_lines": [ 13.678104, 13.89548, 13.994852, 13.842492 ] }, { "date": "2024-05-10", "close": 13.554691, "volume": 200, "typical_volume": 11575.0, "trend": 13.634354, "fair_value": 12.072421, "relative_strength": -0.018157, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -16.253341, "energy": 33.006214, "activity_lines": [ 13.614618, 13.799036, 13.957089, 13.838027 ] }, { "date": "2024-05-17", "close": 14.142092, "volume": 400, "typical_volume": 11510.0, "trend": 13.664677, "fair_value": 12.072484, "relative_strength": 3.608526, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 17.62153, "energy": 16.601143, "activity_lines": [ 13.790838, 13.826708, 13.974562, 13.870784 ] }, { "date": "2024-05-24", "close": 14.417992, "volume": 1700, "typical_volume": 11580.0, "trend": 13.704196, "fair_value": 12.053591, "relative_strength": 8.479978, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 42.497939, "energy": 20.80949, "activity_lines": [ 14.028172, 13.913442, 14.015713, 13.919385 ] }, { "date": "2024-05-31", "close": 13.990791, "volume": 1100, "typical_volume": 11600.0, "trend": 13.734716, "fair_value": 12.048575, "relative_strength": 6.888723, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 31.893045, "energy": 19.810136, "activity_lines": [ 14.045971, 13.924122, 14.011755, 13.937875 ] }, { "date": "2024-06-07", "close": 14.053091, "volume": 300, "typical_volume": 11590.0, "trend": 13.764555, "fair_value": 12.044975, "relative_strength": 8.075695, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 33.339012, "energy": 24.628259, "activity_lines": [ 14.088098, 13.95066, 14.008976, 13.958416 ] }, { "date": "2024-06-14", "close": 14.017491, "volume": 700, "typical_volume": 10205.0, "trend": 13.794585, "fair_value": 12.042428, "relative_strength": 8.551409, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 33.668198, "energy": 21.791275, "activity_lines": [ 14.083351, 13.974124, 14.001302, 13.974734 ] }, { "date": "2024-06-21", "close": 13.616991, "volume": 1500, "typical_volume": 3630.0, "trend": 13.837472, "fair_value": 12.034353, "relative_strength": 3.793453, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": -5.033551, "energy": 4.20296, "activity_lines": [ 13.914251, 13.928329, 13.96282, 13.963277 ] }, { "date": "2024-06-28", "close": 13.803891, "volume": 400, "typical_volume": 1475.0, "trend": 13.88383, "fair_value": 12.030436, "relative_strength": 2.924015, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -16.672154, "energy": 12.732798, "activity_lines": [ 13.842458, 13.917649, 13.942985, 13.96111 ] }, { "date": "2024-07-05", "close": 13.892891, "volume": 400, "typical_volume": 1410.0, "trend": 13.908604, "fair_value": 12.024483, "relative_strength": 1.549994, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -16.986289, "energy": 13.833965, "activity_lines": [ 13.841271, 13.91328, 13.930949, 13.961695 ] }, { "date": "2024-07-12", "close": 13.892891, "volume": 0, "typical_volume": 1080.0, "trend": 13.946895, "fair_value": 12.021182, "relative_strength": -0.649858, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -17.483689, "energy": 17.525465, "activity_lines": [ 13.846611, 13.911662, 13.9201, 13.960681 ] }, { "date": "2024-07-19", "close": 13.883991, "volume": 1200, "typical_volume": 820.0, "trend": 13.962821, "fair_value": 12.017823, "relative_strength": 0.06522, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -42.559797, "energy": 26.997067, "activity_lines": [ 13.859664, 13.901791, 13.907936, 13.956623 ] }, { "date": "2024-07-26", "close": 15.574989, "volume": 2000, "typical_volume": 910.0, "trend": 14.02877, "fair_value": 12.025305, "relative_strength": 11.92123, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 70.834291, "energy": 65.085972, "activity_lines": [ 14.445284, 14.193387, 14.059787, 14.060633 ] }, { "date": "2024-08-02", "close": 14.239991, "volume": 1300, "typical_volume": 930.0, "trend": 14.053804, "fair_value": 12.024228, "relative_strength": 3.428897, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 51.167206, "energy": 54.959391, "activity_lines": [ 14.45537, 14.216203, 14.080003, 14.074261 ] }, { "date": "2024-08-09", "close": 13.839492, "volume": 400, "typical_volume": 900.0, "trend": 14.082039, "fair_value": 12.019479, "relative_strength": -3.110233, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "mixed", "direction": 10.813413, "energy": 26.603182, "activity_lines": [ 14.302884, 14.169438, 14.063347, 14.060434 ] }, { "date": "2024-08-16", "close": 14.239991, "volume": 1100, "typical_volume": 930.0, "trend": 14.098798, "fair_value": 12.016873, "relative_strength": -2.861117, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 20.383923, "energy": 29.271301, "activity_lines": [ 14.287458, 14.198242, 14.086741, 14.070624 ] }, { "date": "2024-08-23", "close": 14.907491, "volume": 300, "typical_volume": 890.0, "trend": 14.077121, "fair_value": 12.018953, "relative_strength": 0.286542, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 64.690643, "energy": 33.263132, "activity_lines": [ 14.471391, 14.345011, 14.173707, 14.122798 ] }, { "date": "2024-08-30", "close": 14.239991, "volume": 300, "typical_volume": 870.0, "trend": 14.091954, "fair_value": 12.018161, "relative_strength": -4.474137, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 44.827491, "energy": 22.433519, "activity_lines": [ 14.364591, 14.354235, 14.193796, 14.133306 ] }, { "date": "2024-09-06", "close": 14.684991, "volume": 1200, "typical_volume": 865.0, "trend": 14.126071, "fair_value": 12.026076, "relative_strength": -0.519057, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 57.474465, "energy": 41.135338, "activity_lines": [ 14.495124, 14.43304, 14.253595, 14.171566 ] }, { "date": "2024-09-13", "close": 14.684991, "volume": 100, "typical_volume": 825.0, "trend": 14.144168, "fair_value": 12.036714, "relative_strength": -0.702081, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 56.587152, "energy": 49.54525, "activity_lines": [ 14.595991, 14.495826, 14.306614, 14.207626 ] }, { "date": "2024-09-20", "close": 14.50699, "volume": 900, "typical_volume": 775.0, "trend": 14.167901, "fair_value": 12.037588, "relative_strength": 1.012213, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 51.484545, "energy": 31.79194, "activity_lines": [ 14.581157, 14.511845, 14.339628, 14.231034 ] }, { "date": "2024-09-27", "close": 14.684991, "volume": 1800, "typical_volume": 855.0, "trend": 14.173834, "fair_value": 12.046184, "relative_strength": 1.071709, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 57.400553, "energy": 44.911541, "activity_lines": [ 14.607857, 14.549064, 14.384934, 14.264394 ] }, { "date": "2024-10-04", "close": 14.346792, "volume": 500, "typical_volume": 860.0, "trend": 14.164341, "fair_value": 12.052611, "relative_strength": -0.377958, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 48.0822, "energy": 25.777048, "activity_lines": [ 14.536658, 14.510227, 14.392647, 14.275553 ] }, { "date": "2024-10-11", "close": 15.129991, "volume": 500, "typical_volume": 800.0, "trend": 14.185108, "fair_value": 12.068552, "relative_strength": 6.477659, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.473564, "energy": 35.419243, "activity_lines": [ 14.719404, 14.636122, 14.473976, 14.337853 ] }, { "date": "2024-10-18", "close": 15.566091, "volume": 1600, "typical_volume": 825.0, "trend": 14.229311, "fair_value": 12.086653, "relative_strength": 9.076208, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 75.119267, "energy": 57.849128, "activity_lines": [ 15.017851, 14.825126, 14.593448, 14.426948 ] }, { "date": "2024-10-25", "close": 14.667191, "volume": 2100, "typical_volume": 915.0, "trend": 14.243551, "fair_value": 12.100806, "relative_strength": 3.32721, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 55.23286, "energy": 48.729077, "activity_lines": [ 14.957924, 14.8193, 14.619809, 14.455199 ] }, { "date": "2024-11-01", "close": 14.595991, "volume": 900, "typical_volume": 925.0, "trend": 14.256308, "fair_value": 12.114504, "relative_strength": 4.187873, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 55.698297, "energy": 53.501799, "activity_lines": [ 14.863584, 14.792762, 14.636465, 14.477937 ] }, { "date": "2024-11-08", "close": 14.284491, "volume": 100, "typical_volume": 855.0, "trend": 14.276481, "fair_value": 12.124979, "relative_strength": 2.148418, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 26.272142, "energy": 18.854416, "activity_lines": [ 14.671344, 14.715251, 14.620699, 14.479755 ] }, { "date": "2024-11-15", "close": 14.328992, "volume": 1200, "typical_volume": 895.0, "trend": 14.312081, "fair_value": 12.137192, "relative_strength": 2.366704, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 14.894315, "energy": 18.719546, "activity_lines": [ 14.498091, 14.645022, 14.605993, 14.483143 ] }, { "date": "2024-11-22", "close": 14.328992, "volume": 100, "typical_volume": 880.0, "trend": 14.321574, "fair_value": 12.149404, "relative_strength": 1.082851, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 2.538558, "energy": 20.276882, "activity_lines": [ 14.378238, 14.581266, 14.588786, 14.484234 ] }, { "date": "2024-11-29", "close": 14.37349, "volume": 100, "typical_volume": 885.0, "trend": 14.349758, "fair_value": 12.162129, "relative_strength": 3.868891, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 1.759662, "energy": 22.389451, "activity_lines": [ 14.355691, 14.532073, 14.573741, 14.487583 ] }, { "date": "2024-12-06", "close": 15.307991, "volume": 1000, "typical_volume": 875.0, "trend": 14.408201, "fair_value": 12.174627, "relative_strength": 10.030393, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 62.989889, "energy": 25.282894, "activity_lines": [ 14.664224, 14.655217, 14.645407, 14.549405 ] }, { "date": "2024-12-13", "close": 14.284491, "volume": 1000, "typical_volume": 825.0, "trend": 14.412948, "fair_value": 12.187916, "relative_strength": 3.471163, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 11.04724, "energy": 6.711612, "activity_lines": [ 14.584124, 14.580942, 14.612816, 14.541424 ] }, { "date": "2024-12-20", "close": 14.417992, "volume": 500, "typical_volume": 785.0, "trend": 14.412948, "fair_value": 12.202061, "relative_strength": 6.269727, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 17.32325, "energy": 10.479892, "activity_lines": [ 14.548525, 14.532073, 14.599085, 14.541749 ] }, { "date": "2024-12-27", "close": 15.058791, "volume": 700, "typical_volume": 800.0, "trend": 14.448548, "fair_value": 12.22054, "relative_strength": 12.220597, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 47.017519, "energy": 27.917249, "activity_lines": [ 14.720591, 14.612658, 14.645534, 14.583416 ] }, { "date": "2025-01-03", "close": 15.03209, "volume": 1200, "typical_volume": 805.0, "trend": 14.481181, "fair_value": 12.237441, "relative_strength": 13.181454, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 54.496222, "energy": 35.614865, "activity_lines": [ 14.835104, 14.697613, 14.683635, 14.621064 ] }, { "date": "2025-01-10", "close": 15.92209, "volume": 700, "typical_volume": 825.0, "trend": 14.544668, "fair_value": 12.261, "relative_strength": 18.847466, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 82.640449, "energy": 75.226806, "activity_lines": [ 15.202377, 14.937751, 14.802725, 14.714026 ] }, { "date": "2025-01-17", "close": 16.019989, "volume": 700, "typical_volume": 845.0, "trend": 14.624768, "fair_value": 12.283372, "relative_strength": 15.703271, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 83.152233, "energy": 87.317438, "activity_lines": [ 15.561343, 15.171578, 14.926308, 14.809208 ] }, { "date": "2025-01-24", "close": 15.574989, "volume": 3900, "typical_volume": 980.0, "trend": 14.683804, "fair_value": 12.300577, "relative_strength": 12.274944, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.90396, "energy": 81.108219, "activity_lines": [ 15.656276, 15.292941, 14.999033, 14.870513 ] }, { "date": "2025-01-31", "close": 15.521591, "volume": 4900, "typical_volume": 1220.0, "trend": 14.738094, "fair_value": 12.314762, "relative_strength": 8.350199, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.293678, "energy": 74.118895, "activity_lines": [ 15.656277, 15.381941, 15.062435, 14.924563 ] }, { "date": "2025-02-07", "close": 21.333286, "volume": 110600, "typical_volume": 6705.0, "trend": 14.986107, "fair_value": 12.369378, "relative_strength": 49.103082, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 95.36474, "energy": 93.790695, "activity_lines": [ 17.562655, 16.505929, 15.675348, 15.35006 ] }, { "date": "2025-02-14", "close": 17.117672, "volume": 57200, "typical_volume": 9475.0, "trend": 15.093897, "fair_value": 12.401509, "relative_strength": 15.821471, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 62.177677, "energy": 55.705779, "activity_lines": [ 17.64375, 16.736901, 15.854268, 15.48758 ] }, { "date": "2025-02-21", "close": 15.406848, "volume": 8100, "typical_volume": 9855.0, "trend": 15.088292, "fair_value": 12.416547, "relative_strength": 4.884853, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 54.543274, "energy": 45.268385, "activity_lines": [ 17.074864, 16.62391, 15.858668, 15.50777 ] }, { "date": "2025-02-28", "close": 15.123287, "volume": 4300, "typical_volume": 10045.0, "trend": 15.117735, "fair_value": 12.43118, "relative_strength": 6.391691, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 43.221953, "energy": 34.038887, "activity_lines": [ 16.452334, 16.438956, 15.831014, 15.510028 ] }, { "date": "2025-03-07", "close": 15.548631, "volume": 200, "typical_volume": 9975.0, "trend": 15.174707, "fair_value": 12.454239, "relative_strength": 7.263748, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 27.710711, "energy": 20.878154, "activity_lines": [ 16.001698, 16.318514, 15.843901, 15.537828 ] }, { "date": "2025-03-14", "close": 14.972054, "volume": 900, "typical_volume": 9915.0, "trend": 15.199109, "fair_value": 12.472083, "relative_strength": 0.117667, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 12.509633, "energy": 21.969004, "activity_lines": [ 15.357068, 16.084333, 15.801959, 15.524753 ] }, { "date": "2025-03-21", "close": 15.59589, "volume": 3000, "typical_volume": 10020.0, "trend": 15.222055, "fair_value": 12.494305, "relative_strength": 1.522812, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 17.467112, "energy": 20.424668, "activity_lines": [ 15.344465, 15.964669, 15.817978, 15.550352 ] }, { "date": "2025-03-28", "close": 15.860548, "volume": 4900, "typical_volume": 10260.0, "trend": 15.276074, "fair_value": 12.518129, "relative_strength": 3.436658, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 19.774343, "energy": 15.448409, "activity_lines": [ 15.521534, 15.899055, 15.854442, 15.591545 ] }, { "date": "2025-04-04", "close": 15.822739, "volume": 900, "typical_volume": 10245.0, "trend": 15.313999, "fair_value": 12.546745, "relative_strength": 6.741304, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 13.583564, "energy": 9.557758, "activity_lines": [ 15.655753, 15.829466, 15.879799, 15.626814 ] }, { "date": "2025-04-11", "close": 16.002329, "volume": 1900, "typical_volume": 10335.0, "trend": 15.35791, "fair_value": 12.578555, "relative_strength": 7.29653, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 29.240249, "energy": 13.460986, "activity_lines": [ 15.803205, 15.788025, 15.915147, 15.671223 ] }, { "date": "2025-04-18", "close": 15.161097, "volume": 500, "typical_volume": 10355.0, "trend": 15.379714, "fair_value": 12.604972, "relative_strength": -0.067302, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 18.28487, "energy": 8.142352, "activity_lines": [ 15.64, 15.584892, 15.86241, 15.658525 ] }, { "date": "2025-04-25", "close": 15.945617, "volume": 100, "typical_volume": 10310.0, "trend": 15.421734, "fair_value": 12.636465, "relative_strength": 1.01213, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 28.277832, "energy": 11.519025, "activity_lines": [ 15.725699, 15.63662, 15.880638, 15.695035 ] }, { "date": "2025-05-02", "close": 15.501369, "volume": 500, "typical_volume": 10285.0, "trend": 15.46022, "fair_value": 12.666963, "relative_strength": -2.240638, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 23.052572, "energy": 10.122599, "activity_lines": [ 15.64, 15.628887, 15.853521, 15.700173 ] }, { "date": "2025-05-09", "close": 15.501369, "volume": 100, "typical_volume": 10265.0, "trend": 15.4726, "fair_value": 12.698934, "relative_strength": -3.343493, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 10.459857, "energy": 12.6438, "activity_lines": [ 15.578246, 15.619434, 15.820609, 15.702827 ] }, { "date": "2025-05-16", "close": 15.501369, "volume": 1000, "typical_volume": 10280.0, "trend": 15.470442, "fair_value": 12.731665, "relative_strength": -5.216872, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 9.153237, "energy": 15.108034, "activity_lines": [ 15.537917, 15.603108, 15.782538, 15.704683 ] }, { "date": "2025-05-23", "close": 15.59589, "volume": 1300, "typical_volume": 10285.0, "trend": 15.501399, "fair_value": 12.762769, "relative_strength": -3.651233, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 8.843428, "energy": 13.39429, "activity_lines": [ 15.562493, 15.604827, 15.751362, 15.712777 ] }, { "date": "2025-05-30", "close": 16.05904, "volume": 400, "typical_volume": 10270.0, "trend": 15.550167, "fair_value": 12.797602, "relative_strength": -0.255549, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 34.362679, "energy": 13.89907, "activity_lines": [ 15.712465, 15.679412, 15.76161, 15.748754 ] }, { "date": "2025-06-06", "close": 15.718766, "volume": 200, "typical_volume": 10245.0, "trend": 15.597976, "fair_value": 12.830253, "relative_strength": -1.691448, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 15.434352, "energy": 8.475459, "activity_lines": [ 15.741451, 15.683708, 15.738799, 15.759631 ] }, { "date": "2025-06-13", "close": 15.718766, "volume": 0, "typical_volume": 10050.0, "trend": 15.644302, "fair_value": 12.86604, "relative_strength": -2.446163, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 17.784557, "energy": 10.643123, "activity_lines": [ 15.755944, 15.690582, 15.717423, 15.767424 ] }, { "date": "2025-06-20", "close": 15.567533, "volume": 300, "typical_volume": 9820.0, "trend": 15.685587, "fair_value": 12.901617, "relative_strength": -3.337208, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -5.162253, "energy": 5.328092, "activity_lines": [ 15.705533, 15.67185, 15.680958, 15.762471 ] }, { "date": "2025-06-27", "close": 15.567533, "volume": 0, "typical_volume": 4290.0, "trend": 15.725388, "fair_value": 12.935389, "relative_strength": -3.197693, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -7.187541, "energy": 10.102465, "activity_lines": [ 15.650711, 15.661023, 15.644275, 15.754855 ] }, { "date": "2025-07-04", "close": 16.163013, "volume": 300, "typical_volume": 1445.0, "trend": 15.753889, "fair_value": 12.973786, "relative_strength": -2.838251, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 23.585107, "energy": 13.33212, "activity_lines": [ 15.796273, 15.751075, 15.691761, 15.783088 ] }, { "date": "2025-07-11", "close": 16.163013, "volume": 0, "typical_volume": 1040.0, "trend": 15.816506, "fair_value": 13.012942, "relative_strength": 0.756963, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 16.520591, "energy": 24.442729, "activity_lines": [ 15.934903, 15.837175, 15.743792, 15.809484 ] }, { "date": "2025-07-18", "close": 15.879451, "volume": 500, "typical_volume": 850.0, "trend": 15.865222, "fair_value": 13.050471, "relative_strength": 0.902048, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 8.621242, "energy": 25.416271, "activity_lines": [ 15.949396, 15.859688, 15.765216, 15.813545 ] }, { "date": "2025-07-25", "close": 15.832191, "volume": 400, "typical_volume": 860.0, "trend": 15.891002, "fair_value": 13.086937, "relative_strength": 0.553637, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 9.900415, "energy": 25.655986, "activity_lines": [ 15.937424, 15.866734, 15.778539, 15.811413 ] }, { "date": "2025-08-01", "close": 15.832191, "volume": 0, "typical_volume": 815.0, "trend": 15.917672, "fair_value": 13.127298, "relative_strength": 1.273276, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -9.312283, "energy": 18.785924, "activity_lines": [ 15.907807, 15.867765, 15.790512, 15.807619 ] }, { "date": "2025-08-08", "close": 15.643149, "volume": 400, "typical_volume": 685.0, "trend": 15.908374, "fair_value": 13.164452, "relative_strength": -2.640098, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -33.722915, "energy": 15.34408, "activity_lines": [ 15.797533, 15.830128, 15.780385, 15.789908 ] }, { "date": "2025-08-15", "close": 15.624247, "volume": 100, "typical_volume": 445.0, "trend": 15.895182, "fair_value": 13.19835, "relative_strength": -3.193566, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -37.488966, "energy": 21.192133, "activity_lines": [ 15.715616, 15.796617, 15.768232, 15.771577 ] }, { "date": "2025-08-22", "close": 15.955068, "volume": 1000, "typical_volume": 450.0, "trend": 15.907852, "fair_value": 13.236506, "relative_strength": -2.400173, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -9.750862, "energy": 11.273401, "activity_lines": [ 15.77989, 15.824973, 15.788712, 15.775441 ] }, { "date": "2025-08-29", "close": 15.643149, "volume": 1000, "typical_volume": 405.0, "trend": 15.911903, "fair_value": 13.272663, "relative_strength": -6.734816, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -32.118985, "energy": 20.681066, "activity_lines": [ 15.73515, 15.79232, 15.778854, 15.758363 ] }, { "date": "2025-09-05", "close": 15.699863, "volume": 300, "typical_volume": 395.0, "trend": 15.724123, "fair_value": 13.309183, "relative_strength": -7.210145, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -8.724865, "energy": 11.081608, "activity_lines": [ 15.721917, 15.768605, 15.776109, 15.744683 ] }, { "date": "2025-09-12", "close": 16.531643, "volume": 3600, "typical_volume": 570.0, "trend": 15.704588, "fair_value": 13.351938, "relative_strength": -2.157591, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 64.203996, "energy": 43.633944, "activity_lines": [ 15.994766, 15.893715, 15.850015, 15.796781 ] }, { "date": "2025-09-19", "close": 15.822739, "volume": 400, "typical_volume": 565.0, "trend": 15.718451, "fair_value": 13.385161, "relative_strength": -8.627273, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 41.066433, "energy": 30.317808, "activity_lines": [ 15.972081, 15.883232, 15.853616, 15.804404 ] }, { "date": "2025-09-26", "close": 16.531643, "volume": 400, "typical_volume": 580.0, "trend": 15.765397, "fair_value": 13.422928, "relative_strength": -4.30601, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 64.83452, "energy": 54.364977, "activity_lines": [ 16.172465, 16.007827, 15.923201, 15.856868 ] }, { "date": "2025-10-03", "close": 16.011782, "volume": 1000, "typical_volume": 580.0, "trend": 15.780835, "fair_value": 13.458646, "relative_strength": -6.547345, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 48.822825, "energy": 49.798081, "activity_lines": [ 16.161123, 16.026044, 15.938369, 15.872764 ] }, { "date": "2025-10-10", "close": 16.077946, "volume": 400, "typical_volume": 535.0, "trend": 15.817698, "fair_value": 13.49664, "relative_strength": -3.779768, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 46.848815, "energy": 31.211598, "activity_lines": [ 16.147261, 16.053026, 15.957409, 15.891932 ] }, { "date": "2025-10-17", "close": 15.898355, "volume": 400, "typical_volume": 535.0, "trend": 15.82778, "fair_value": 13.53619, "relative_strength": -6.53129, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 45.516999, "energy": 24.506983, "activity_lines": [ 16.048329, 16.042886, 15.957048, 15.897136 ] }, { "date": "2025-10-24", "close": 15.945617, "volume": 100, "typical_volume": 530.0, "trend": 15.830616, "fair_value": 13.5778, "relative_strength": -7.974743, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 31.047912, "energy": 13.85273, "activity_lines": [ 16.00737, 16.0367, 15.961955, 15.904738 ] }, { "date": "2025-10-31", "close": 16.531643, "volume": 300, "typical_volume": 545.0, "trend": 15.854246, "fair_value": 13.621409, "relative_strength": -6.690409, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 60.12933, "energy": 27.729143, "activity_lines": [ 16.153561, 16.13122, 16.021593, 15.949966 ] }, { "date": "2025-11-07", "close": 16.14411, "volume": 1200, "typical_volume": 590.0, "trend": 15.858972, "fair_value": 13.663152, "relative_strength": -11.453514, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 43.709493, "energy": 22.002709, "activity_lines": [ 16.170575, 16.144797, 16.040452, 15.968667 ] }, { "date": "2025-11-14", "close": 17.108219, "volume": 1000, "typical_volume": 640.0, "trend": 15.923876, "fair_value": 13.70965, "relative_strength": -8.297098, "stage": 3, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 71.089163, "energy": 56.642594, "activity_lines": [ 16.500137, 16.324558, 16.148385, 16.049263 ] }, { "date": "2025-11-21", "close": 17.013699, "volume": 200, "typical_volume": 635.0, "trend": 15.959479, "fair_value": 13.755542, "relative_strength": -7.038573, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.179699, "energy": 63.895042, "activity_lines": [ 16.729507, 16.461527, 16.23998, 16.119575 ] }, { "date": "2025-11-28", "close": 17.013699, "volume": 900, "typical_volume": 680.0, "trend": 16.00989, "fair_value": 13.80286, "relative_strength": -9.443372, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 64.321503, "energy": 66.526957, "activity_lines": [ 16.884521, 16.589731, 16.327524, 16.187589 ] }, { "date": "2025-12-05", "close": 17.486301, "volume": 2100, "typical_volume": 760.0, "trend": 16.076054, "fair_value": 13.853206, "relative_strength": -5.760714, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 75.679772, "energy": 76.348161, "activity_lines": [ 17.125863, 16.782209, 16.456027, 16.282841 ] }, { "date": "2025-12-12", "close": 17.098766, "volume": 2500, "typical_volume": 865.0, "trend": 16.129301, "fair_value": 13.901116, "relative_strength": -9.674531, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 61.729524, "energy": 68.646971, "activity_lines": [ 17.174383, 16.886869, 16.53997, 16.348822 ] }, { "date": "2025-12-19", "close": 17.486301, "volume": 400, "typical_volume": 885.0, "trend": 16.192315, "fair_value": 13.95151, "relative_strength": -6.172185, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 70.707383, "energy": 69.961975, "activity_lines": [ 17.288438, 17.042226, 16.65479, 16.436371 ] }, { "date": "2025-12-26", "close": 17.779314, "volume": 3400, "typical_volume": 1035.0, "trend": 16.249657, "fair_value": 14.002452, "relative_strength": -5.810654, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 74.396585, "energy": 69.93123, "activity_lines": [ 17.474958, 17.225252, 16.78964, 16.538758 ] }, { "date": "2026-01-02", "close": 17.457945, "volume": 800, "typical_volume": 1070.0, "trend": 16.30763, "fair_value": 14.051335, "relative_strength": -7.031518, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 61.116083, "energy": 52.994899, "activity_lines": [ 17.503314, 17.315648, 16.88371, 16.616712 ] }, { "date": "2026-01-09", "close": 17.401232, "volume": 400, "typical_volume": 1040.0, "trend": 16.363712, "fair_value": 14.096386, "relative_strength": -8.526556, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 58.870414, "energy": 46.453909, "activity_lines": [ 17.48315, 17.368236, 16.963647, 16.687267 ] }, { "date": "2026-01-16", "close": 17.495752, "volume": 200, "typical_volume": 1000.0, "trend": 16.427986, "fair_value": 14.144371, "relative_strength": -8.453199, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 56.903404, "energy": 44.446177, "activity_lines": [ 17.500163, 17.422199, 17.0457, 16.760302 ] }, { "date": "2026-01-23", "close": 18.629999, "volume": 1500, "typical_volume": 1060.0, "trend": 16.530068, "fair_value": 14.199722, "relative_strength": -9.836217, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 77.485041, "energy": 51.630352, "activity_lines": [ 17.868794, 17.657812, 17.226954, 16.902367 ] }, { "date": "2026-01-30", "close": 19.802055, "volume": 300, "typical_volume": 895.0, "trend": 16.651369, "fair_value": 14.264913, "relative_strength": -5.268752, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 87.211754, "energy": 78.368996, "activity_lines": [ 18.551862, 18.078859, 17.50588, 17.113463 ] }, { "date": "2026-02-06", "close": 19.660273, "volume": 600, "typical_volume": 905.0, "trend": 16.767945, "fair_value": 14.329195, "relative_strength": -5.760349, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 77.623354, "energy": 82.576115, "activity_lines": [ 19.052821, 18.423429, 17.755729, 17.307586 ] }, { "date": "2026-02-13", "close": 19.329453, "volume": 700, "typical_volume": 920.0, "trend": 16.882945, "fair_value": 14.392307, "relative_strength": -8.632411, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.968446, "energy": 80.087333, "activity_lines": [ 19.296685, 18.659731, 17.955798, 17.472845 ] }, { "date": "2026-02-20", "close": 18.006163, "volume": 400, "typical_volume": 890.0, "trend": 16.955411, "fair_value": 14.444086, "relative_strength": -16.327008, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.774553, "energy": 61.881855, "activity_lines": [ 18.970904, 18.621922, 18.016516, 17.54531 ] }, { "date": "2026-02-27", "close": 17.013699, "volume": 1400, "typical_volume": 940.0, "trend": 16.994794, "fair_value": 14.488268, "relative_strength": -19.755941, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 30.975937, "energy": 24.507469, "activity_lines": [ 18.280274, 18.387168, 17.973217, 17.549071 ] }, { "date": "2026-03-06", "close": 24.149998, "volume": 28800, "typical_volume": 2360.0, "trend": 17.278356, "fair_value": 14.570929, "relative_strength": 19.674405, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 86.805832, "energy": 55.225161, "activity_lines": [ 20.076164, 19.458515, 18.605109, 18.010697 ] }, { "date": "2026-03-13", "close": 18.129999, "volume": 5500, "typical_volume": 2630.0, "trend": 17.361881, "fair_value": 14.615108, "relative_strength": -9.073342, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 50.835662, "energy": 32.110421, "activity_lines": [ 19.575524, 19.319486, 18.624374, 18.065642 ] }, { "date": "2026-03-20", "close": 18.200001, "volume": 2100, "typical_volume": 2720.0, "trend": 17.436712, "fair_value": 14.668118, "relative_strength": -7.749308, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 47.130563, "energy": 27.991859, "activity_lines": [ 19.200237, 19.180966, 18.639905, 18.119714 ] }, { "date": "2026-03-27", "close": 18.26, "volume": 200, "typical_volume": 2670.0, "trend": 17.52394, "fair_value": 14.722573, "relative_strength": -9.861857, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 36.297584, "energy": 25.728812, "activity_lines": [ 18.920246, 19.038832, 18.653205, 18.172829 ] }, { "date": "2026-04-03", "close": 18.0, "volume": 300, "typical_volume": 2635.0, "trend": 17.600612, "fair_value": 14.766343, "relative_strength": -13.788955, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 22.163311, "energy": 17.735677, "activity_lines": [ 18.536667, 18.835529, 18.631668, 18.203543 ] }, { "date": "2026-04-10", "close": 19.0, "volume": 1100, "typical_volume": 2680.0, "trend": 17.68289, "fair_value": 14.816524, "relative_strength": -12.837009, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 29.129305, "energy": 17.235117, "activity_lines": [ 18.420667, 18.825499, 18.701122, 18.293826 ] }, { "date": "2026-04-17", "close": 18.18, "volume": 3300, "typical_volume": 2800.0, "trend": 17.761465, "fair_value": 14.868185, "relative_strength": -15.567688, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 13.419492, "energy": 9.91479, "activity_lines": [ 18.374667, 18.680961, 18.683022, 18.325897 ] }, { "date": "2026-04-24", "close": 17.549999, "volume": 2600, "typical_volume": 2825.0, "trend": 17.795411, "fair_value": 14.915012, "relative_strength": -15.974879, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 4.812269, "energy": 8.626359, "activity_lines": [ 18.115333, 18.448792, 18.599368, 18.312254 ] }, { "date": "2026-05-01", "close": 17.549999, "volume": 0, "typical_volume": 2700.0, "trend": 17.846685, "fair_value": 14.963324, "relative_strength": -14.120597, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 4.287464, "energy": 9.174611, "activity_lines": [ 17.899333, 18.248976, 18.515411, 18.296421 ] }, { "date": "2026-05-08", "close": 17.75, "volume": 400, "typical_volume": 2700.0, "trend": 17.90242, "fair_value": 15.011062, "relative_strength": -11.359653, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -13.199393, "energy": 18.724934, "activity_lines": [ 17.797333, 18.093818, 18.448353, 18.290184 ] }, { "date": "2026-05-15", "close": 17.75, "volume": 0, "typical_volume": 2530.0, "trend": 17.964141, "fair_value": 15.056253, "relative_strength": -7.764268, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -12.772818, "energy": 24.415324, "activity_lines": [ 17.712, 17.925272, 18.380039, 18.28035 ] }, { "date": "2026-05-22", "close": 17.85, "volume": 100, "typical_volume": 2495.0, "trend": 18.027621, "fair_value": 15.103359, "relative_strength": -6.482821, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -13.189504, "energy": 18.439417, "activity_lines": [ 17.743333, 17.891273, 18.321389, 18.272986 ] }, { "date": "2026-05-29", "close": 17.85, "volume": 0, "typical_volume": 2475.0, "trend": 18.071566, "fair_value": 15.145637, "relative_strength": -4.935054, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -19.656889, "energy": 13.310747, "activity_lines": [ 17.796667, 17.862363, 18.260872, 18.261527 ] }, { "date": "2026-06-05", "close": 17.85, "volume": 400, "typical_volume": 2485.0, "trend": 18.128429, "fair_value": 15.191045, "relative_strength": -2.080473, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -21.525735, "energy": 22.910965, "activity_lines": [ 17.83, 17.839818, 18.198218, 18.247232 ] }, { "date": "2026-06-12", "close": 17.82, "volume": 0, "typical_volume": 2410.0, "trend": 18.152155, "fair_value": 15.225758, "relative_strength": -3.272758, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -15.78669, "energy": 38.873201, "activity_lines": [ 17.833333, 17.819273, 18.131019, 18.227334 ] }, { "date": "2026-06-19", "close": 18.02, "volume": 200, "typical_volume": 2405.0, "trend": 18.185698, "fair_value": 15.263821, "relative_strength": -0.585585, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -14.174663, "energy": 40.480165, "activity_lines": [ 17.898667, 17.838364, 18.086726, 18.218808 ] }, { "date": "2026-06-26", "close": 18.02, "volume": 0, "typical_volume": 2375.0, "trend": 18.219242, "fair_value": 15.299762, "relative_strength": -3.123666, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "down", "direction": -38.814069, "energy": 45.40391, "activity_lines": [ 17.946, 17.875273, 18.050918, 18.208117 ] }, { "date": "2026-07-03", "close": 17.940001, "volume": 100, "typical_volume": 2345.0, "trend": 18.234365, "fair_value": 15.335191, "relative_strength": -3.896608, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -37.1704, "energy": 40.279452, "activity_lines": [ 17.955334, 17.900546, 18.015303, 18.190102 ] }, { "date": "2026-07-10", "close": 17.940001, "volume": 0, "typical_volume": 2325.0, "trend": 18.262406, "fair_value": 15.374333, "relative_strength": -5.539544, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -37.717108, "energy": 43.075614, "activity_lines": [ 17.958667, 17.918728, 17.986303, 18.171111 ] }, { "date": "2026-07-17", "close": 17.940001, "volume": 0, "typical_volume": 2255.0, "trend": 18.277529, "fair_value": 15.41496, "relative_strength": -3.006168, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -41.482577, "energy": 57.787268, "activity_lines": [ 17.956001, 17.929819, 17.957619, 18.15031 ] }, { "date": "2026-07-24", "close": 18.889999, "volume": 700, "typical_volume": 850.0, "trend": 18.314552, "fair_value": 15.459077, "relative_strength": 2.122678, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "down", "direction": 33.545308, "energy": 70.30453, "activity_lines": [ 18.262, 18.110182, 18.015, 18.189824 ] }, { "date": "2026-07-31", "close": 17.6, "volume": 400, "typical_volume": 595.0, "trend": 18.319287, "fair_value": 15.494926, "relative_strength": -6.617258, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -41.841009, "energy": 27.456949, "activity_lines": [ 18.08, 18.035273, 17.974572, 18.143724 ] }, { "date": "2026-08-07", "close": 17.799999, "volume": 100, "typical_volume": 495.0, "trend": 18.33258, "fair_value": 15.527335, "relative_strength": -2.341375, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -46.859685, "energy": 23.700791, "activity_lines": [ 17.992666, 18.001273, 17.955714, 18.110222 ] } ], "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." } } }