{ "ticker": { "uuid": "4acd1045-1ddb-4b4d-9035-819890af9e0e", "symbol": "V3AL", "name": "Vanguard ESG Global All Cap UCITS ETF (USD) Distributing", "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": 95.736, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Established expansion", "architecture_gate": "up", "architecture_direction": 82.288, "architecture_energy": 62.15, "architecture_maturity": 92.1, "architecture_confidence": 65.293, "architecture_tenure": "Established", "architecture": { "interpretation": { "headline": "The weekly architecture is expanding upward.", "body": "Trend and Activity show sustained positive alignment with constructive price acceptance. Directional energy remains positive; cooling within this regime can indicate that it is maturing." }, "scores": { "balance": 23.49, "rotation_up": 52.66, "upward_expansion": 79.86, "deceleration": 68.66, "rotation_down": 29.73, "downward_expansion": 15.53 }, "activity_lines": [ 7.035667, 7.032189, 6.93016, 6.769317 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.666667 }, "latest_close": 7.167, "trend_reference": 6.582806, "distance_from_trend": 0.088745, "trend_direction": "Improving", "fair_value": 5.564394, "distance_from_fair_value": 0.288011, "fair_value_direction": "Improving", "relative_strength": -3.062924, "relative_strength_direction": "Weakening", "price_momentum": 0.147233, "excess_performance": -0.023659, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.088745, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.04663, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.288011, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.032202, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.030629, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.01309, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.147233, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 7.837181, "read": "Demand-led" } ], "volume": { "latest": 19888, "relative_activity": 0.340678, "balance": 7.837181, "dry_up": 0.45675, "accumulation_observations": 4, "distribution_observations": 0 }, "risk": { "range_context": 0.018381, "annualized_volatility": 0.137822, "from_high_reference": 0.0, "from_low_reference": 0.245467 }, "levels": { "trend_reference": 6.582806, "fair_value_reference": 5.564394, "structural_low": 5.881, "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 31, "median_return": 0.019271, "positive_rate": 0.709677, "directional_follow_through": 0.709677, "median_excess_return": 0.000666, "regime_survival": 0.83871, "best_return": 0.073557, "worst_return": -0.110363, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 10, "median_return": 0.04108, "positive_rate": 0.8, "directional_follow_through": 0.8, "median_excess_return": 0.000584, "regime_survival": 0.7, "best_return": 0.103997, "worst_return": -0.074503, "sufficient": true }, { "horizon": "Extended", "sample_count": 5, "median_return": 0.085785, "positive_rate": 0.8, "directional_follow_through": 0.8, "median_excess_return": -0.033042, "regime_survival": 0.6, "best_return": 0.141098, "worst_return": -0.064241, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 2, "median_return": 0.139179, "positive_rate": 1.0, "directional_follow_through": 1.0, "median_excess_return": -0.078656, "regime_survival": 0.5, "best_return": 0.228005, "worst_return": 0.050354, "sufficient": false } ], "ledger": [ { "regime": "balance", "label": "Balance", "color": "blue", "start": "2023-11-10", "end": "2023-12-01", "tenure": "New", "return": 0.033192, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2023-12-08", "end": "2024-04-26", "tenure": "Established", "return": 0.102933, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-05-03", "end": "2024-05-17", "tenure": "New", "return": 0.030562, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-05-24", "end": "2024-08-02", "tenure": "Developing", "return": -0.021188, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-08-09", "end": "2024-09-20", "tenure": "Developing", "return": 0.044859, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-09-27", "end": "2025-02-28", "tenure": "Established", "return": 0.091675, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-03-07", "end": "2025-04-11", "tenure": "Developing", "return": -0.116987, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-04-18", "end": "2025-06-13", "tenure": "Developing", "return": 0.09837, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-06-20", "end": "2025-07-04", "tenure": "New", "return": 0.030601, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-07-11", "end": "2025-08-22", "tenure": "Developing", "return": 0.040686, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-08-29", "end": "2026-03-13", "tenure": "Extended", "return": 0.058116, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2026-03-20", "end": "2026-04-10", "tenure": "New", "return": 0.035965, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2026-04-17", "end": "2026-04-24", "tenure": "New", "return": -0.004638, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-05-01", "end": "2026-08-07", "tenure": "Established", "return": 0.105712, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 4.314532, "volume": 32, "typical_volume": 4272.8, "trend": 4.181589, "fair_value": 4.226123, "relative_strength": -4.027761, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.548394, "energy": 59.916461, "activity_lines": [ 4.36694, 4.362524, 4.307691, 4.245555 ] }, { "date": "2023-08-25", "close": 4.242671, "volume": 10, "typical_volume": 4236.65, "trend": 4.186838, "fair_value": 4.226257, "relative_strength": -6.556714, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 37.909857, "energy": 28.496226, "activity_lines": [ 4.321509, 4.34204, 4.308026, 4.249496 ] }, { "date": "2023-09-01", "close": 4.429315, "volume": 5700, "typical_volume": 4481.65, "trend": 4.194835, "fair_value": 4.227881, "relative_strength": -3.550025, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 60.602174, "energy": 36.42589, "activity_lines": [ 4.346652, 4.35763, 4.325158, 4.26514 ] }, { "date": "2023-09-08", "close": 4.400379, "volume": 35, "typical_volume": 4482.25, "trend": 4.202522, "fair_value": 4.22925, "relative_strength": -2.334778, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 54.368985, "energy": 36.303915, "activity_lines": [ 4.363725, 4.365268, 4.337698, 4.278401 ] }, { "date": "2023-09-15", "close": 4.434308, "volume": 3720, "typical_volume": 4637.35, "trend": 4.212836, "fair_value": 4.230865, "relative_strength": -3.374168, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 70.562935, "energy": 50.218771, "activity_lines": [ 4.390725, 4.378066, 4.352018, 4.293354 ] }, { "date": "2023-09-22", "close": 4.327818, "volume": 15, "typical_volume": 3538.55, "trend": 4.220924, "fair_value": 4.231622, "relative_strength": -4.045898, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 56.219562, "energy": 45.684274, "activity_lines": [ 4.378584, 4.370097, 4.354126, 4.300773 ] }, { "date": "2023-09-29", "close": 4.307004, "volume": 10, "typical_volume": 3539.05, "trend": 4.230085, "fair_value": 4.232207, "relative_strength": -2.889614, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 49.836897, "energy": 32.972648, "activity_lines": [ 4.358619, 4.35811, 4.35301, 4.306326 ] }, { "date": "2023-10-06", "close": 4.266345, "volume": 1995, "typical_volume": 3435.85, "trend": 4.235502, "fair_value": 4.232469, "relative_strength": -1.847229, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 6.765493, "energy": 9.962275, "activity_lines": [ 4.320813, 4.339841, 4.346878, 4.308666 ] }, { "date": "2023-10-13", "close": 4.370414, "volume": 2785, "typical_volume": 3575.1, "trend": 4.250521, "fair_value": 4.233522, "relative_strength": -0.595635, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 24.028627, "energy": 19.199997, "activity_lines": [ 4.32856, 4.343886, 4.350344, 4.31737 ] }, { "date": "2023-10-20", "close": 4.332658, "volume": 27, "typical_volume": 3518.1, "trend": 4.262172, "fair_value": 4.234273, "relative_strength": 2.01321, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 15.69691, "energy": 14.904675, "activity_lines": [ 4.32572, 4.341234, 4.349404, 4.322669 ] }, { "date": "2023-10-27", "close": 4.137106, "volume": 2500, "typical_volume": 3636.1, "trend": 4.267704, "fair_value": 4.233543, "relative_strength": -2.024327, "stage": 2, "regime": "rotation_down", "modifier": "Structural failure", "gate": "mixed", "direction": -41.653206, "energy": 37.952612, "activity_lines": [ 4.264473, 4.303882, 4.329202, 4.3146 ] }, { "date": "2023-11-03", "close": 4.303615, "volume": 410, "typical_volume": 3654.0, "trend": 4.276581, "fair_value": 4.234066, "relative_strength": -2.777532, "stage": 2, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -12.567178, "energy": 24.177462, "activity_lines": [ 4.271443, 4.30003, 4.325731, 4.316917 ] }, { "date": "2023-11-10", "close": 4.331206, "volume": 120, "typical_volume": 1718.0, "trend": 4.28617, "fair_value": 4.234785, "relative_strength": -1.396086, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 9.668851, "energy": 16.593428, "activity_lines": [ 4.287836, 4.300086, 4.325157, 4.320441 ] }, { "date": "2023-11-17", "close": 4.390743, "volume": 7552, "typical_volume": 1997.35, "trend": 4.296002, "fair_value": 4.235932, "relative_strength": -3.243258, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 40.465322, "energy": 20.203851, "activity_lines": [ 4.31975, 4.312751, 4.330015, 4.327187 ] }, { "date": "2023-11-24", "close": 4.427047, "volume": 30, "typical_volume": 1961.7, "trend": 4.310256, "fair_value": 4.237327, "relative_strength": -2.05458, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 54.513697, "energy": 34.962494, "activity_lines": [ 4.362411, 4.332192, 4.338113, 4.335642 ] }, { "date": "2023-12-01", "close": 4.474967, "volume": 2154, "typical_volume": 2067.9, "trend": 4.323854, "fair_value": 4.239049, "relative_strength": -2.425583, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 74.700361, "energy": 63.956384, "activity_lines": [ 4.414752, 4.360478, 4.350441, 4.346269 ] }, { "date": "2023-12-08", "close": 4.539828, "volume": 33184, "typical_volume": 3522.85, "trend": 4.339614, "fair_value": 4.241213, "relative_strength": -2.358473, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 83.136818, "energy": 81.649848, "activity_lines": [ 4.466189, 4.397881, 4.368185, 4.360202 ] }, { "date": "2023-12-15", "close": 4.612607, "volume": 2808, "typical_volume": 3320.7, "trend": 4.353357, "fair_value": 4.243866, "relative_strength": -0.529376, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 89.010948, "energy": 90.572023, "activity_lines": [ 4.526139, 4.444283, 4.392042, 4.377815 ] }, { "date": "2023-12-22", "close": 4.600957, "volume": 860, "typical_volume": 3197.35, "trend": 4.366712, "fair_value": 4.246398, "relative_strength": -0.590781, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 80.419628, "energy": 91.828439, "activity_lines": [ 4.563445, 4.482272, 4.414029, 4.393789 ] }, { "date": "2023-12-29", "close": 4.594161, "volume": 400, "typical_volume": 3217.35, "trend": 4.379888, "fair_value": 4.248847, "relative_strength": -0.608854, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 71.991027, "energy": 88.662488, "activity_lines": [ 4.584472, 4.514833, 4.434315, 4.408463 ] }, { "date": "2024-01-05", "close": 4.590763, "volume": 933, "typical_volume": 3262.4, "trend": 4.388908, "fair_value": 4.251238, "relative_strength": -0.914014, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.554244, "energy": 86.36504, "activity_lines": [ 4.593225, 4.542022, 4.453256, 4.422068 ] }, { "date": "2024-01-12", "close": 4.632511, "volume": 4443, "typical_volume": 3484.05, "trend": 4.39798, "fair_value": 4.253886, "relative_strength": -0.083037, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 74.861692, "energy": 83.820779, "activity_lines": [ 4.608174, 4.568554, 4.474857, 4.437784 ] }, { "date": "2024-01-19", "close": 4.662608, "volume": 125, "typical_volume": 3205.3, "trend": 4.410692, "fair_value": 4.256705, "relative_strength": 1.192813, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 77.515886, "energy": 69.837538, "activity_lines": [ 4.626977, 4.594577, 4.497468, 4.454857 ] }, { "date": "2024-01-26", "close": 4.765034, "volume": 868, "typical_volume": 3246.95, "trend": 4.424696, "fair_value": 4.260187, "relative_strength": 3.062135, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 90.554591, "energy": 91.318681, "activity_lines": [ 4.676588, 4.633198, 4.528724, 4.477718 ] }, { "date": "2024-02-02", "close": 4.732996, "volume": 697, "typical_volume": 3095.8, "trend": 4.43723, "fair_value": 4.263403, "relative_strength": 1.25693, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 78.699624, "energy": 91.117037, "activity_lines": [ 4.704582, 4.659188, 4.555192, 4.497608 ] }, { "date": "2024-02-09", "close": 4.873771, "volume": 610, "typical_volume": 3125.55, "trend": 4.455855, "fair_value": 4.267527, "relative_strength": 2.757195, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 92.876082, "energy": 96.419158, "activity_lines": [ 4.770245, 4.705212, 4.593644, 4.525772 ] }, { "date": "2024-02-16", "close": 4.930083, "volume": 13729, "typical_volume": 3811.5, "trend": 4.474589, "fair_value": 4.271974, "relative_strength": 1.970996, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 93.505368, "energy": 97.409382, "activity_lines": [ 4.835811, 4.754222, 4.63486, 4.556367 ] }, { "date": "2024-02-23", "close": 4.942702, "volume": 1182, "typical_volume": 3770.85, "trend": 4.490914, "fair_value": 4.276445, "relative_strength": -0.794422, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 85.979062, "energy": 94.425902, "activity_lines": [ 4.885745, 4.798432, 4.674311, 4.586568 ] }, { "date": "2024-03-01", "close": 4.98348, "volume": 13040, "typical_volume": 4283.6, "trend": 4.511042, "fair_value": 4.281128, "relative_strength": -0.763847, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 85.326145, "energy": 93.664388, "activity_lines": [ 4.9306, 4.844054, 4.714424, 4.618347 ] }, { "date": "2024-03-08", "close": 4.987363, "volume": 4730, "typical_volume": 4518.75, "trend": 4.5313, "fair_value": 4.285774, "relative_strength": -2.070067, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 77.980779, "energy": 91.18772, "activity_lines": [ 4.962185, 4.883427, 4.751988, 4.649077 ] }, { "date": "2024-03-15", "close": 4.954563, "volume": 289, "typical_volume": 4408.2, "trend": 4.552634, "fair_value": 4.290145, "relative_strength": -4.156583, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.451538, "energy": 76.490979, "activity_lines": [ 4.96588, 4.909688, 4.78331, 4.676384 ] }, { "date": "2024-03-22", "close": 5.084024, "volume": 1550, "typical_volume": 4465.2, "trend": 4.580679, "fair_value": 4.2953, "relative_strength": -2.737853, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 88.437507, "energy": 75.316927, "activity_lines": [ 5.007342, 4.952872, 4.82307, 4.710668 ] }, { "date": "2024-03-29", "close": 5.108359, "volume": 293, "typical_volume": 4473.85, "trend": 4.603314, "fair_value": 4.300546, "relative_strength": -3.420715, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 85.571143, "energy": 74.267208, "activity_lines": [ 5.046652, 4.992271, 4.86143, 4.744711 ] }, { "date": "2024-04-05", "close": 5.057743, "volume": 2847, "typical_volume": 4238.6, "trend": 4.625226, "fair_value": 4.3054, "relative_strength": -2.304343, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.806129, "energy": 67.347306, "activity_lines": [ 5.058047, 5.014363, 4.89127, 4.774029 ] }, { "date": "2024-04-12", "close": 5.054822, "volume": 3082, "typical_volume": 4391.2, "trend": 4.64591, "fair_value": 4.311427, "relative_strength": -1.704049, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.459183, "energy": 66.876304, "activity_lines": [ 5.063518, 5.030602, 4.917655, 4.801745 ] }, { "date": "2024-04-19", "close": 4.892267, "volume": 1863, "typical_volume": 4376.65, "trend": 4.664725, "fair_value": 4.316595, "relative_strength": -5.267579, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 52.475173, "energy": 57.428601, "activity_lines": [ 5.010306, 5.011434, 4.925569, 4.817639 ] }, { "date": "2024-04-26", "close": 5.007126, "volume": 420, "typical_volume": 2738.45, "trend": 4.688062, "fair_value": 4.322431, "relative_strength": -3.953653, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 48.889891, "energy": 47.969501, "activity_lines": [ 4.999534, 5.012813, 4.942435, 4.83973 ] }, { "date": "2024-05-03", "close": 5.000313, "volume": 5162, "typical_volume": 2856.15, "trend": 4.712528, "fair_value": 4.328485, "relative_strength": -2.312919, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 44.3555, "energy": 38.845123, "activity_lines": [ 4.991617, 5.011553, 4.956427, 4.859875 ] }, { "date": "2024-05-10", "close": 5.084024, "volume": 70, "typical_volume": 2816.65, "trend": 4.736315, "fair_value": 4.335336, "relative_strength": -3.59899, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 61.344185, "energy": 45.533588, "activity_lines": [ 5.018807, 5.024465, 4.976546, 4.883842 ] }, { "date": "2024-05-17", "close": 5.153135, "volume": 2661, "typical_volume": 2929.7, "trend": 4.763664, "fair_value": 4.342513, "relative_strength": -4.251308, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 81.906145, "energy": 65.065455, "activity_lines": [ 5.067282, 5.048115, 5.000946, 4.910734 ] }, { "date": "2024-05-24", "close": 5.158002, "volume": 1576, "typical_volume": 2961.85, "trend": 4.797694, "fair_value": 4.349414, "relative_strength": -1.542047, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 78.658681, "energy": 81.826249, "activity_lines": [ 5.110825, 5.069636, 5.023147, 4.936175 ] }, { "date": "2024-05-31", "close": 5.094732, "volume": 120, "typical_volume": 2745.7, "trend": 4.824065, "fair_value": 4.355841, "relative_strength": -2.661199, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.926456, "energy": 75.421492, "activity_lines": [ 5.115562, 5.075954, 5.036622, 4.955339 ] }, { "date": "2024-06-07", "close": 5.18039, "volume": 809, "typical_volume": 2779.9, "trend": 4.852371, "fair_value": 4.362483, "relative_strength": -1.384542, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 76.993965, "energy": 83.604731, "activity_lines": [ 5.143012, 5.097652, 5.056054, 4.978328 ] }, { "date": "2024-06-14", "close": 5.252229, "volume": 4516, "typical_volume": 2962.3, "trend": 4.881087, "fair_value": 4.369515, "relative_strength": 6.031671, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 85.535265, "energy": 84.793148, "activity_lines": [ 5.182403, 5.131102, 5.079862, 5.004125 ] }, { "date": "2024-06-21", "close": 5.308978, "volume": 668, "typical_volume": 2960.85, "trend": 4.910485, "fair_value": 4.376464, "relative_strength": 5.077894, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 88.464125, "energy": 84.166532, "activity_lines": [ 5.229496, 5.171333, 5.106754, 5.031731 ] }, { "date": "2024-06-28", "close": 5.314849, "volume": 340, "typical_volume": 2947.35, "trend": 4.938481, "fair_value": 4.383274, "relative_strength": 5.600181, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 81.974672, "energy": 90.660217, "activity_lines": [ 5.268157, 5.208011, 5.131463, 5.057819 ] }, { "date": "2024-07-05", "close": 5.327569, "volume": 1453, "typical_volume": 2333.55, "trend": 4.964739, "fair_value": 4.390004, "relative_strength": 3.256812, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 76.741153, "energy": 89.449602, "activity_lines": [ 5.300602, 5.239319, 5.155283, 5.082921 ] }, { "date": "2024-07-12", "close": 5.394102, "volume": 5259, "typical_volume": 2537.4, "trend": 4.990789, "fair_value": 4.397176, "relative_strength": 2.682768, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 85.574472, "energy": 92.973673, "activity_lines": [ 5.339701, 5.276897, 5.183547, 5.110622 ] }, { "date": "2024-07-19", "close": 5.300173, "volume": 754, "typical_volume": 1923.1, "trend": 5.014096, "fair_value": 4.403623, "relative_strength": 1.925558, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 67.913381, "energy": 77.095526, "activity_lines": [ 5.333244, 5.290237, 5.200715, 5.130582 ] }, { "date": "2024-07-26", "close": 5.23266, "volume": 646, "typical_volume": 1718.9, "trend": 5.035379, "fair_value": 4.409714, "relative_strength": 1.780508, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.279823, "energy": 64.176699, "activity_lines": [ 5.301086, 5.287373, 5.209946, 5.144683 ] }, { "date": "2024-08-02", "close": 5.048715, "volume": 158, "typical_volume": 1712.35, "trend": 5.050644, "fair_value": 4.414184, "relative_strength": 3.643154, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 18.445205, "energy": 21.666818, "activity_lines": [ 5.2127, 5.249617, 5.20049, 5.145544 ] }, { "date": "2024-08-09", "close": 5.048715, "volume": 0, "typical_volume": 1634.85, "trend": 5.064518, "fair_value": 4.418578, "relative_strength": 4.363784, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -3.546847, "energy": 29.377556, "activity_lines": [ 5.142058, 5.213849, 5.190586, 5.145419 ] }, { "date": "2024-08-16", "close": 5.136775, "volume": 27, "typical_volume": 1621.55, "trend": 5.080323, "fair_value": 4.423687, "relative_strength": 2.137333, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 12.108402, "energy": 35.388288, "activity_lines": [ 5.119358, 5.194929, 5.189236, 5.150081 ] }, { "date": "2024-08-23", "close": 5.262013, "volume": 3789, "typical_volume": 1668.65, "trend": 5.096889, "fair_value": 4.429269, "relative_strength": 2.656548, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 24.546128, "energy": 31.296936, "activity_lines": [ 5.15556, 5.199572, 5.199679, 5.161803 ] }, { "date": "2024-08-30", "close": 5.253207, "volume": 215, "typical_volume": 1525.3, "trend": 5.114229, "fair_value": 4.434557, "relative_strength": 0.351534, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 31.588229, "energy": 18.871602, "activity_lines": [ 5.19137, 5.202436, 5.20831, 5.171888 ] }, { "date": "2024-09-06", "close": 5.101551, "volume": 2180, "typical_volume": 1541.15, "trend": 5.121822, "fair_value": 4.439063, "relative_strength": 0.655136, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -1.849913, "energy": 7.189871, "activity_lines": [ 5.175259, 5.17874, 5.201553, 5.17107 ] }, { "date": "2024-09-13", "close": 5.289921, "volume": 587, "typical_volume": 1549.5, "trend": 5.133817, "fair_value": 4.444848, "relative_strength": 3.456556, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 52.929834, "energy": 33.977523, "activity_lines": [ 5.218415, 5.193171, 5.211739, 5.181915 ] }, { "date": "2024-09-20", "close": 5.275197, "volume": 4672, "typical_volume": 1525.0, "trend": 5.1449, "fair_value": 4.450599, "relative_strength": 2.51369, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 49.814214, "energy": 34.782234, "activity_lines": [ 5.240583, 5.20561, 5.219177, 5.191036 ] }, { "date": "2024-09-27", "close": 5.409678, "volume": 7636, "typical_volume": 1903.3, "trend": 5.159106, "fair_value": 4.457728, "relative_strength": 2.16352, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 79.605266, "energy": 67.5911, "activity_lines": [ 5.29835, 5.244662, 5.238113, 5.208119 ] }, { "date": "2024-10-04", "close": 5.393972, "volume": 103, "typical_volume": 1775.4, "trend": 5.17266, "fair_value": 4.464421, "relative_strength": 5.20751, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 75.355432, "energy": 78.136734, "activity_lines": [ 5.341037, 5.278867, 5.254003, 5.223271 ] }, { "date": "2024-10-11", "close": 5.487226, "volume": 5, "typical_volume": 1696.85, "trend": 5.190416, "fair_value": 4.471227, "relative_strength": 4.730871, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 82.867325, "energy": 86.476576, "activity_lines": [ 5.405424, 5.327095, 5.277627, 5.243566 ] }, { "date": "2024-10-18", "close": 5.582442, "volume": 14695, "typical_volume": 2425.6, "trend": 5.207029, "fair_value": 4.47835, "relative_strength": 3.833758, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 90.722442, "energy": 95.128897, "activity_lines": [ 5.475839, 5.384662, 5.308752, 5.268858 ] }, { "date": "2024-10-25", "close": 5.55692, "volume": 6203, "typical_volume": 2695.3, "trend": 5.221982, "fair_value": 4.484957, "relative_strength": 4.523494, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 79.076817, "energy": 91.588282, "activity_lines": [ 5.518245, 5.427884, 5.335124, 5.291432 ] }, { "date": "2024-11-01", "close": 5.482318, "volume": 8109, "typical_volume": 2874.95, "trend": 5.236134, "fair_value": 4.490443, "relative_strength": 3.31343, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 67.802573, "energy": 87.204542, "activity_lines": [ 5.517001, 5.449903, 5.352597, 5.308228 ] }, { "date": "2024-11-08", "close": 5.710052, "volume": 2000, "typical_volume": 2941.55, "trend": 5.257975, "fair_value": 4.497146, "relative_strength": 10.104518, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 90.280043, "energy": 93.310236, "activity_lines": [ 5.586827, 5.509323, 5.390664, 5.338803 ] }, { "date": "2024-11-15", "close": 5.744409, "volume": 788, "typical_volume": 2963.95, "trend": 5.28638, "fair_value": 4.503709, "relative_strength": 9.289649, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 87.691003, "energy": 91.240291, "activity_lines": [ 5.647033, 5.566683, 5.430093, 5.370186 ] }, { "date": "2024-11-22", "close": 5.744409, "volume": 0, "typical_volume": 2891.3, "trend": 5.310956, "fair_value": 4.51135, "relative_strength": 11.270374, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 81.815206, "energy": 91.303569, "activity_lines": [ 5.690093, 5.612355, 5.467477, 5.399736 ] }, { "date": "2024-11-29", "close": 5.819993, "volume": 40, "typical_volume": 2630.35, "trend": 5.338279, "fair_value": 4.519845, "relative_strength": 12.657883, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 85.10942, "energy": 93.746462, "activity_lines": [ 5.74755, 5.663506, 5.510074, 5.432577 ] }, { "date": "2024-12-06", "close": 5.901466, "volume": 1622, "typical_volume": 2673.75, "trend": 5.365527, "fair_value": 4.528073, "relative_strength": 9.566845, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 88.341793, "energy": 95.532195, "activity_lines": [ 5.814627, 5.719565, 5.558403, 5.468912 ] }, { "date": "2024-12-13", "close": 5.883955, "volume": 6320, "typical_volume": 2957.45, "trend": 5.389887, "fair_value": 4.536289, "relative_strength": 8.580353, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 80.729637, "energy": 93.029245, "activity_lines": [ 5.847923, 5.763498, 5.6022, 5.502359 ] }, { "date": "2024-12-20", "close": 5.812104, "volume": 2790, "typical_volume": 3089.05, "trend": 5.411691, "fair_value": 4.54368, "relative_strength": 10.540325, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 68.323405, "energy": 81.200298, "activity_lines": [ 5.845676, 5.785459, 5.636053, 5.529599 ] }, { "date": "2024-12-27", "close": 5.82293, "volume": 1216, "typical_volume": 3149.85, "trend": 5.435964, "fair_value": 4.55077, "relative_strength": 9.208172, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.861513, "energy": 77.610838, "activity_lines": [ 5.842524, 5.803482, 5.667302, 5.55613 ] }, { "date": "2025-01-03", "close": 5.85738, "volume": 189, "typical_volume": 3157.95, "trend": 5.45853, "fair_value": 4.558982, "relative_strength": 9.679134, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 69.903196, "energy": 67.231253, "activity_lines": [ 5.845621, 5.823395, 5.698145, 5.583318 ] }, { "date": "2025-01-10", "close": 5.793402, "volume": 94253, "typical_volume": 7681.15, "trend": 5.476569, "fair_value": 4.567202, "relative_strength": 5.337906, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 54.406928, "energy": 58.821282, "activity_lines": [ 5.824899, 5.826213, 5.719464, 5.604923 ] }, { "date": "2025-01-17", "close": 5.928246, "volume": 378, "typical_volume": 7689.3, "trend": 5.497212, "fair_value": 4.576914, "relative_strength": 4.167297, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 83.359838, "energy": 69.901399, "activity_lines": [ 5.856329, 5.847893, 5.751094, 5.634063 ] }, { "date": "2025-01-24", "close": 5.933168, "volume": 13444, "typical_volume": 8252.5, "trend": 5.517822, "fair_value": 4.587329, "relative_strength": 4.356668, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 78.254022, "energy": 69.059261, "activity_lines": [ 5.886448, 5.8665, 5.779979, 5.66219 ] }, { "date": "2025-01-31", "close": 6.017815, "volume": 64263, "typical_volume": 11436.3, "trend": 5.54083, "fair_value": 4.598257, "relative_strength": 4.918747, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 85.298743, "energy": 72.003579, "activity_lines": [ 5.936711, 5.897065, 5.812965, 5.694447 ] }, { "date": "2025-02-07", "close": 5.997146, "volume": 20767, "typical_volume": 12241.05, "trend": 5.560932, "fair_value": 4.608621, "relative_strength": 2.842535, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 77.302083, "energy": 78.335677, "activity_lines": [ 5.967093, 5.918901, 5.840517, 5.723887 ] }, { "date": "2025-02-14", "close": 5.993209, "volume": 318, "typical_volume": 11875.15, "trend": 5.584033, "fair_value": 4.619578, "relative_strength": 0.250024, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 69.847073, "energy": 71.868549, "activity_lines": [ 5.986844, 5.936801, 5.864256, 5.751776 ] }, { "date": "2025-02-21", "close": 6.04636, "volume": 573, "typical_volume": 11898.65, "trend": 5.611156, "fair_value": 4.630935, "relative_strength": -0.102999, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 79.121, "energy": 71.0208, "activity_lines": [ 6.010991, 5.962696, 5.890278, 5.781603 ] }, { "date": "2025-02-28", "close": 5.905609, "volume": 16346, "typical_volume": 12715.7, "trend": 5.63972, "fair_value": 4.641493, "relative_strength": -3.036403, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.820829, "energy": 58.846416, "activity_lines": [ 5.980348, 5.960048, 5.899788, 5.8006 ] }, { "date": "2025-03-07", "close": 5.492217, "volume": 591, "typical_volume": 12010.5, "trend": 5.654503, "fair_value": 4.649778, "relative_strength": -9.601818, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "up", "direction": 1.5273, "energy": 13.97677, "activity_lines": [ 5.813744, 5.880537, 5.867936, 5.791084 ] }, { "date": "2025-03-14", "close": 5.331781, "volume": 4072, "typical_volume": 11903.95, "trend": 5.661003, "fair_value": 4.656401, "relative_strength": -12.297026, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "mixed", "direction": -48.495309, "energy": 52.652004, "activity_lines": [ 5.628702, 5.777869, 5.821234, 5.770263 ] }, { "date": "2025-03-21", "close": 5.469052, "volume": 12465, "typical_volume": 12121.75, "trend": 5.667905, "fair_value": 4.663028, "relative_strength": -10.830621, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -38.096335, "energy": 56.128952, "activity_lines": [ 5.533774, 5.709716, 5.788677, 5.757879 ] }, { "date": "2025-03-28", "close": 5.389105, "volume": 342, "typical_volume": 12038.85, "trend": 5.672434, "fair_value": 4.669039, "relative_strength": -11.37488, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -39.479468, "energy": 70.210974, "activity_lines": [ 5.447141, 5.632924, 5.748569, 5.739892 ] }, { "date": "2025-04-04", "close": 4.933103, "volume": 3591, "typical_volume": 12179.0, "trend": 5.666819, "fair_value": 4.67213, "relative_strength": -9.227291, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "mixed", "direction": -69.156737, "energy": 88.813917, "activity_lines": [ 5.252325, 5.483025, 5.666561, 5.692193 ] }, { "date": "2025-04-11", "close": 4.8497, "volume": 4879, "typical_volume": 12422.95, "trend": 5.652145, "fair_value": 4.674932, "relative_strength": -9.053232, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -93.470742, "energy": 97.061541, "activity_lines": [ 5.094541, 5.336145, 5.580473, 5.639476 ] }, { "date": "2025-04-18", "close": 5.026869, "volume": 48, "typical_volume": 12423.35, "trend": 5.643868, "fair_value": 4.679479, "relative_strength": -10.795747, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -71.158607, "energy": 88.473446, "activity_lines": [ 5.038648, 5.242716, 5.515519, 5.599136 ] }, { "date": "2025-04-25", "close": 5.023908, "volume": 50, "typical_volume": 12344.75, "trend": 5.631009, "fair_value": 4.684485, "relative_strength": -13.990461, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -68.335687, "energy": 86.788473, "activity_lines": [ 5.002095, 5.16639, 5.45406, 5.559138 ] }, { "date": "2025-05-02", "close": 5.146299, "volume": 144, "typical_volume": 12035.95, "trend": 5.622753, "fair_value": 4.690713, "relative_strength": -13.995355, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.442309, "energy": 66.612458, "activity_lines": [ 5.036016, 5.129941, 5.408436, 5.527866 ] }, { "date": "2025-05-09", "close": 5.244013, "volume": 23785, "typical_volume": 13085.7, "trend": 5.614646, "fair_value": 4.69784, "relative_strength": -14.539771, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.151141, "energy": 58.05206, "activity_lines": [ 5.118695, 5.127623, 5.37563, 5.503432 ] }, { "date": "2025-05-16", "close": 5.580585, "volume": 1911, "typical_volume": 13120.45, "trend": 5.614584, "fair_value": 4.708012, "relative_strength": -11.841077, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -31.400601, "energy": 25.24906, "activity_lines": [ 5.292837, 5.198528, 5.377584, 5.501234 ] }, { "date": "2025-05-23", "close": 5.417727, "volume": 2529, "typical_volume": 13237.45, "trend": 5.609944, "fair_value": 4.716225, "relative_strength": -11.719141, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -31.639539, "energy": 31.548885, "activity_lines": [ 5.363968, 5.238216, 5.365182, 5.488534 ] }, { "date": "2025-05-30", "close": 5.500637, "volume": 11518, "typical_volume": 9100.7, "trend": 5.610555, "fair_value": 4.725102, "relative_strength": -11.621847, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -19.623398, "energy": 30.997062, "activity_lines": [ 5.436678, 5.291416, 5.36277, 5.481482 ] }, { "date": "2025-06-06", "close": 5.522351, "volume": 145, "typical_volume": 9089.05, "trend": 5.604298, "fair_value": 4.734118, "relative_strength": -12.252198, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -9.356236, "energy": 28.609339, "activity_lines": [ 5.484844, 5.34799, 5.36382, 5.475791 ] }, { "date": "2025-06-13", "close": 5.521364, "volume": 2708, "typical_volume": 8552.25, "trend": 5.596863, "fair_value": 4.745034, "relative_strength": -9.447183, "stage": 3, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": 0.2887, "energy": 22.40175, "activity_lines": [ 5.507612, 5.401962, 5.366709, 5.47044 ] }, { "date": "2025-06-20", "close": 5.44878, "volume": 458, "typical_volume": 5362.0, "trend": 5.587009, "fair_value": 4.754489, "relative_strength": -9.93418, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -1.661866, "energy": 19.71396, "activity_lines": [ 5.487694, 5.432041, 5.364646, 5.460887 ] }, { "date": "2025-06-27", "close": 5.526195, "volume": 2697, "typical_volume": 4458.5, "trend": 5.577216, "fair_value": 4.7648, "relative_strength": -9.589402, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 3.355023, "energy": 18.980902, "activity_lines": [ 5.502368, 5.465303, 5.372665, 5.456963 ] }, { "date": "2025-07-04", "close": 5.615519, "volume": 1412, "typical_volume": 4513.2, "trend": 5.567684, "fair_value": 4.774381, "relative_strength": -7.67638, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 17.341024, "energy": 39.43231, "activity_lines": [ 5.539586, 5.505727, 5.391434, 5.459434 ] }, { "date": "2025-07-11", "close": 5.610557, "volume": 432, "typical_volume": 4506.15, "trend": 5.558571, "fair_value": 4.784155, "relative_strength": -8.624395, "stage": 3, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 35.010322, "energy": 56.14107, "activity_lines": [ 5.567491, 5.534493, 5.411529, 5.4622 ] }, { "date": "2025-07-18", "close": 5.689955, "volume": 2388, "typical_volume": 3808.25, "trend": 5.554499, "fair_value": 4.793821, "relative_strength": -7.709855, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 45.394538, "energy": 70.426699, "activity_lines": [ 5.615982, 5.569253, 5.441261, 5.470677 ] }, { "date": "2025-07-25", "close": 5.702858, "volume": 144, "typical_volume": 3785.9, "trend": 5.550497, "fair_value": 4.803101, "relative_strength": -8.271003, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 40.530425, "energy": 70.584719, "activity_lines": [ 5.657534, 5.598252, 5.473249, 5.480248 ] }, { "date": "2025-08-01", "close": 5.809055, "volume": 8648, "typical_volume": 4014.7, "trend": 5.548886, "fair_value": 4.812635, "relative_strength": -4.584024, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 59.919405, "energy": 81.816134, "activity_lines": [ 5.717547, 5.644335, 5.514348, 5.496929 ] }, { "date": "2025-08-08", "close": 5.744544, "volume": 410, "typical_volume": 3411.95, "trend": 5.547258, "fair_value": 4.821434, "relative_strength": -9.215504, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 43.291815, "energy": 76.605155, "activity_lines": [ 5.737199, 5.671575, 5.54703, 5.509552 ] }, { "date": "2025-08-15", "close": 5.8031, "volume": 4385, "typical_volume": 3614.1, "trend": 5.543086, "fair_value": 4.830289, "relative_strength": -10.284342, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 52.576533, "energy": 81.991385, "activity_lines": [ 5.767767, 5.705026, 5.583977, 5.526058 ] }, { "date": "2025-08-22", "close": 5.83883, "volume": 27544, "typical_volume": 4811.75, "trend": 5.539941, "fair_value": 4.839503, "relative_strength": -10.855484, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 81.600695, "energy": 92.441442, "activity_lines": [ 5.79741, 5.739869, 5.622356, 5.545139 ] }, { "date": "2025-08-29", "close": 5.805085, "volume": 1313, "typical_volume": 4633.45, "trend": 5.53285, "fair_value": 4.850102, "relative_strength": -8.854008, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.805297, "energy": 86.754654, "activity_lines": [ 5.805879, 5.762805, 5.653207, 5.562245 ] }, { "date": "2025-09-05", "close": 5.754467, "volume": 1731, "typical_volume": 4717.6, "trend": 5.524761, "fair_value": 4.859716, "relative_strength": -8.197195, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.046989, "energy": 84.09158, "activity_lines": [ 5.790661, 5.770059, 5.674689, 5.576543 ] }, { "date": "2025-09-12", "close": 5.931131, "volume": 111, "typical_volume": 4720.65, "trend": 5.522692, "fair_value": 4.870356, "relative_strength": -7.292427, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 88.046281, "energy": 73.064968, "activity_lines": [ 5.837969, 5.805283, 5.709531, 5.60276 ] }, { "date": "2025-09-19", "close": 5.965269, "volume": 1438, "typical_volume": 4785.35, "trend": 5.519989, "fair_value": 4.881215, "relative_strength": -6.015549, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 86.869939, "energy": 74.280607, "activity_lines": [ 5.884218, 5.840976, 5.743304, 5.631313 ] }, { "date": "2025-09-26", "close": 5.941388, "volume": 354, "typical_volume": 3613.8, "trend": 5.521181, "fair_value": 4.893613, "relative_strength": -6.928554, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 75.941774, "energy": 75.588692, "activity_lines": [ 5.911695, 5.865878, 5.770902, 5.6585 ] }, { "date": "2025-10-03", "close": 6.015021, "volume": 10190, "typical_volume": 4027.75, "trend": 5.538608, "fair_value": 4.906434, "relative_strength": -6.850709, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 84.070257, "energy": 91.533405, "activity_lines": [ 5.95688, 5.899596, 5.802193, 5.690361 ] }, { "date": "2025-10-10", "close": 6.084673, "volume": 350, "typical_volume": 3918.8, "trend": 5.563705, "fair_value": 4.920566, "relative_strength": -2.869906, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 87.980822, "energy": 94.039067, "activity_lines": [ 6.011285, 5.940302, 5.838048, 5.725591 ] }, { "date": "2025-10-17", "close": 6.00308, "volume": 3590, "typical_volume": 3522.4, "trend": 5.581506, "fair_value": 4.933885, "relative_strength": -3.321997, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 68.162122, "energy": 76.351544, "activity_lines": [ 6.01648, 5.961162, 5.862957, 5.753938 ] }, { "date": "2025-10-24", "close": 6.11353, "volume": 400, "typical_volume": 3535.15, "trend": 5.605653, "fair_value": 4.947407, "relative_strength": -3.033176, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 84.095581, "energy": 73.471176, "activity_lines": [ 6.053695, 5.997403, 5.895992, 5.788262 ] }, { "date": "2025-10-31", "close": 6.227959, "volume": 10291, "typical_volume": 3914.3, "trend": 5.648815, "fair_value": 4.962006, "relative_strength": -2.617503, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 92.381181, "energy": 76.750423, "activity_lines": [ 6.119168, 6.048805, 5.93711, 5.828411 ] }, { "date": "2025-11-07", "close": 6.032932, "volume": 47301, "typical_volume": 6256.45, "trend": 5.688256, "fair_value": 4.974673, "relative_strength": -4.752395, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.150265, "energy": 66.032534, "activity_lines": [ 6.100528, 6.057672, 5.956289, 5.853192 ] }, { "date": "2025-11-14", "close": 6.126465, "volume": 54825, "typical_volume": 8862.85, "trend": 5.724909, "fair_value": 4.98823, "relative_strength": -5.288692, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 69.11741, "energy": 66.333509, "activity_lines": [ 6.111871, 6.079403, 5.981595, 5.881464 ] }, { "date": "2025-11-21", "close": 5.984174, "volume": 370, "typical_volume": 8810.75, "trend": 5.756918, "fair_value": 5.000557, "relative_strength": -4.206538, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 60.819262, "energy": 52.435305, "activity_lines": [ 6.072998, 6.0685, 5.99049, 5.898191 ] }, { "date": "2025-11-28", "close": 6.088654, "volume": 357, "typical_volume": 8807.0, "trend": 5.78833, "fair_value": 5.013279, "relative_strength": -3.66951, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 51.381101, "energy": 39.254969, "activity_lines": [ 6.070212, 6.075628, 6.007581, 5.919593 ] }, { "date": "2025-12-05", "close": 6.167262, "volume": 10017, "typical_volume": 9188.45, "trend": 5.819105, "fair_value": 5.027003, "relative_strength": -2.237639, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 72.783564, "energy": 48.967763, "activity_lines": [ 6.095287, 6.094805, 6.029881, 5.94404 ] }, { "date": "2025-12-12", "close": 6.122485, "volume": 20441, "typical_volume": 10203.3, "trend": 5.837168, "fair_value": 5.041177, "relative_strength": -2.768323, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.205627, "energy": 44.262289, "activity_lines": [ 6.109483, 6.101734, 6.045644, 5.963613 ] }, { "date": "2025-12-19", "close": 6.121503, "volume": 551, "typical_volume": 9798.45, "trend": 5.860627, "fair_value": 5.055735, "relative_strength": -5.039703, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.077046, "energy": 47.946245, "activity_lines": [ 6.117382, 6.106531, 6.059315, 5.981957 ] }, { "date": "2025-12-26", "close": 6.19034, "volume": 298, "typical_volume": 9792.85, "trend": 5.883618, "fair_value": 5.070893, "relative_strength": -3.23749, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 71.129669, "energy": 53.281893, "activity_lines": [ 6.148556, 6.123173, 6.078055, 6.003229 ] }, { "date": "2026-01-02", "close": 6.192335, "volume": 13415, "typical_volume": 10244.35, "trend": 5.90595, "fair_value": 5.085488, "relative_strength": -4.391795, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.780302, "energy": 53.818771, "activity_lines": [ 6.166652, 6.136774, 6.094861, 6.023146 ] }, { "date": "2026-01-09", "close": 6.316042, "volume": 1448, "typical_volume": 8939.55, "trend": 5.93244, "fair_value": 5.100477, "relative_strength": -2.864964, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 83.501804, "energy": 69.822764, "activity_lines": [ 6.219071, 6.171434, 6.121596, 6.049604 ] }, { "date": "2026-01-16", "close": 6.324023, "volume": 1182, "typical_volume": 8933.0, "trend": 5.961614, "fair_value": 5.115503, "relative_strength": -2.579941, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 79.64543, "energy": 80.488119, "activity_lines": [ 6.264231, 6.205944, 6.146818, 6.074867 ] }, { "date": "2026-01-23", "close": 6.311054, "volume": 37185, "typical_volume": 10705.7, "trend": 5.987776, "fair_value": 5.129771, "relative_strength": -0.36798, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 71.419229, "energy": 77.741386, "activity_lines": [ 6.291633, 6.232803, 6.168334, 6.097412 ] }, { "date": "2026-01-30", "close": 6.214283, "volume": 675, "typical_volume": 10733.9, "trend": 6.007735, "fair_value": 5.142751, "relative_strength": -3.017099, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.638241, "energy": 64.186786, "activity_lines": [ 6.274141, 6.238712, 6.177983, 6.112025 ] }, { "date": "2026-02-06", "close": 6.247205, "volume": 8713, "typical_volume": 11097.65, "trend": 6.028957, "fair_value": 5.156068, "relative_strength": -2.906599, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.547481, "energy": 51.069419, "activity_lines": [ 6.266027, 6.246422, 6.189419, 6.127475 ] }, { "date": "2026-02-13", "close": 6.236231, "volume": 460, "typical_volume": 11102.95, "trend": 6.047166, "fair_value": 5.169602, "relative_strength": -1.849234, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 57.210086, "energy": 42.744477, "activity_lines": [ 6.250597, 6.249254, 6.198468, 6.140847 ] }, { "date": "2026-02-20", "close": 6.315044, "volume": 22533, "typical_volume": 11720.1, "trend": 6.067572, "fair_value": 5.183896, "relative_strength": -2.549425, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 70.056955, "energy": 46.195795, "activity_lines": [ 6.266759, 6.265162, 6.213619, 6.15813 ] }, { "date": "2026-02-27", "close": 6.303072, "volume": 3795, "typical_volume": 11892.35, "trend": 6.084039, "fair_value": 5.198453, "relative_strength": -3.997516, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.808377, "energy": 46.930405, "activity_lines": [ 6.279528, 6.275393, 6.2262, 6.173323 ] }, { "date": "2026-03-06", "close": 6.281125, "volume": 65623, "typical_volume": 14994.0, "trend": 6.101925, "fair_value": 5.21241, "relative_strength": 2.294963, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 56.130287, "energy": 43.167672, "activity_lines": [ 6.285514, 6.278331, 6.235652, 6.186039 ] }, { "date": "2026-03-13", "close": 6.142453, "volume": 4566, "typical_volume": 15202.3, "trend": 6.113237, "fair_value": 5.226658, "relative_strength": -0.34515, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 26.552497, "energy": 21.594381, "activity_lines": [ 6.24082, 6.254406, 6.230573, 6.188653 ] }, { "date": "2026-03-20", "close": 5.978, "volume": 450, "typical_volume": 14710.25, "trend": 6.117876, "fair_value": 5.239445, "relative_strength": 0.336074, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "up", "direction": -17.57897, "energy": 23.18374, "activity_lines": [ 6.148292, 6.201487, 6.209693, 6.179928 ] }, { "date": "2026-03-27", "close": 5.875, "volume": 2326, "typical_volume": 12461.5, "trend": 6.120207, "fair_value": 5.25165, "relative_strength": -2.566092, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -47.627125, "energy": 50.405088, "activity_lines": [ 6.038645, 6.135987, 6.180195, 6.164259 ] }, { "date": "2026-04-03", "close": 6.057, "volume": 5365, "typical_volume": 9988.5, "trend": 6.130291, "fair_value": 5.264596, "relative_strength": -4.36547, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -24.348765, "energy": 44.871916, "activity_lines": [ 6.019002, 6.111743, 6.168782, 6.160181 ] }, { "date": "2026-04-10", "close": 6.193, "volume": 6146, "typical_volume": 10277.3, "trend": 6.13902, "fair_value": 5.278375, "relative_strength": -6.131221, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -16.919024, "energy": 40.492905, "activity_lines": [ 6.061097, 6.116844, 6.170652, 6.164227 ] }, { "date": "2026-04-17", "close": 6.51, "volume": 8302, "typical_volume": 10674.55, "trend": 6.157178, "fair_value": 5.293851, "relative_strength": -3.783715, "stage": 3, "regime": "rotation_up", "modifier": "Structural repair", "gate": "up", "direction": 55.494785, "energy": 24.214979, "activity_lines": [ 6.214733, 6.179969, 6.201718, 6.188161 ] }, { "date": "2026-04-24", "close": 6.479805, "volume": 22048, "typical_volume": 11276.1, "trend": 6.175125, "fair_value": 5.30975, "relative_strength": -1.812166, "stage": 3, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 76.601017, "energy": 55.529618, "activity_lines": [ 6.333802, 6.232826, 6.227902, 6.208976 ] }, { "date": "2026-05-01", "close": 6.481796, "volume": 47167, "typical_volume": 12612.4, "trend": 6.190684, "fair_value": 5.32523, "relative_strength": -2.984167, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 73.756266, "energy": 71.610701, "activity_lines": [ 6.42008, 6.281616, 6.252787, 6.228761 ] }, { "date": "2026-05-08", "close": 6.708738, "volume": 124196, "typical_volume": 18794.65, "trend": 6.211486, "fair_value": 5.342164, "relative_strength": -1.753936, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 90.291069, "energy": 93.963956, "activity_lines": [ 6.541553, 6.368637, 6.297575, 6.262184 ] }, { "date": "2026-05-15", "close": 6.832163, "volume": 139896, "typical_volume": 25774.55, "trend": 6.239122, "fair_value": 5.359035, "relative_strength": 0.382387, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 92.110314, "energy": 96.594827, "activity_lines": [ 6.660718, 6.470722, 6.351321, 6.302227 ] }, { "date": "2026-05-22", "close": 6.895, "volume": 164171, "typical_volume": 33312.35, "trend": 6.265171, "fair_value": 5.376308, "relative_strength": 0.469279, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 88.90222, "energy": 95.573492, "activity_lines": [ 6.758218, 6.574214, 6.407996, 6.344542 ] }, { "date": "2026-05-29", "close": 6.958575, "volume": 443190, "typical_volume": 55399.45, "trend": 6.289525, "fair_value": 5.393999, "relative_strength": 0.303997, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 85.808108, "energy": 94.670105, "activity_lines": [ 6.851242, 6.675582, 6.467379, 6.389278 ] }, { "date": "2026-06-05", "close": 6.90582, "volume": 4454, "typical_volume": 55563.05, "trend": 6.318622, "fair_value": 5.410573, "relative_strength": -0.202369, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 71.649054, "energy": 89.462894, "activity_lines": [ 6.894764, 6.74953, 6.518678, 6.429039 ] }, { "date": "2026-06-12", "close": 6.911792, "volume": 1980, "typical_volume": 53802.8, "trend": 6.344799, "fair_value": 5.426929, "relative_strength": -3.149574, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 68.387005, "energy": 87.548802, "activity_lines": [ 6.912009, 6.805821, 6.567776, 6.467308 ] }, { "date": "2026-06-19", "close": 7.067, "volume": 355, "typical_volume": 53786.8, "trend": 6.380893, "fair_value": 5.444786, "relative_strength": -3.438778, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 84.473201, "energy": 90.362032, "activity_lines": [ 6.967452, 6.874791, 6.628794, 6.513901 ] }, { "date": "2026-06-26", "close": 6.975, "volume": 16505, "typical_volume": 54176.4, "trend": 6.410438, "fair_value": 5.461646, "relative_strength": -1.710236, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.504489, "energy": 68.944916, "activity_lines": [ 6.976573, 6.911142, 6.67699, 6.552231 ] }, { "date": "2026-07-03", "close": 7.09, "volume": 2405, "typical_volume": 54273.65, "trend": 6.441196, "fair_value": 5.479165, "relative_strength": -2.928093, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 79.388585, "energy": 73.898832, "activity_lines": [ 7.018694, 6.959947, 6.732673, 6.596074 ] }, { "date": "2026-07-10", "close": 7.096, "volume": 72391, "typical_volume": 56766.55, "trend": 6.473647, "fair_value": 5.496992, "relative_strength": -2.397881, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 75.02979, "energy": 71.731302, "activity_lines": [ 7.054053, 6.998749, 6.784862, 6.638319 ] }, { "date": "2026-07-17", "close": 7.071, "volume": 31230, "typical_volume": 58138.3, "trend": 6.505297, "fair_value": 5.514318, "relative_strength": -1.302807, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.119663, "energy": 74.419905, "activity_lines": [ 7.0684, 7.021839, 6.830951, 6.676858 ] }, { "date": "2026-07-24", "close": 6.966, "volume": 49092, "typical_volume": 57311.75, "trend": 6.531152, "fair_value": 5.530428, "relative_strength": -2.542829, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.593036, "energy": 64.604128, "activity_lines": [ 7.037133, 7.019251, 6.863383, 6.706581 ] }, { "date": "2026-07-31", "close": 6.891, "volume": 6446, "typical_volume": 57405.75, "trend": 6.554441, "fair_value": 5.546526, "relative_strength": -4.099177, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 51.848156, "energy": 52.79893, "activity_lines": [ 6.9876, 7.000593, 6.885411, 6.729797 ] }, { "date": "2026-08-07", "close": 7.167, "volume": 19888, "typical_volume": 58377.65, "trend": 6.582806, "fair_value": 5.564394, "relative_strength": -3.062924, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 82.288179, "energy": 62.149623, "activity_lines": [ 7.035667, 7.032189, 6.93016, 6.769317 ] } ], "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." } } }