{ "ticker": { "uuid": "4e40e4fe-456a-4977-88a1-6cee3f22a5c8", "symbol": "BMAX", "name": "Brompton Enhanced Multi-Asset Income ETF", "exchange": "TOR", "country": "CA", "assetType": "etf" }, "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.", "analysis": { "eligible": true, "as_of": "2026-08-07", "benchmark": "^GSPTSE", "stage": 2, "stage_name": "Advancing", "phase": "2b", "phase_label": "Stage 2B \u00b7 Advancing", "transition": "stage_2_healthy", "transition_label": "Stage 2 trend intact", "confidence": 56.333, "architecture_regime": "deceleration", "architecture_regime_label": "Deceleration", "architecture_modifier": "Recompressing", "architecture_gate": "up", "architecture_direction": 49.325, "architecture_energy": 27.205, "architecture_maturity": 62.356, "architecture_confidence": 75.755, "architecture_tenure": "New", "architecture": { "interpretation": { "headline": "The upward structure remains, but its energy is decelerating.", "body": "Trend remains positive, but Activity or price acceptance is losing strength. This can become a healthy recompression, a re-acceleration, or a Rotation Down." }, "scores": { "balance": 34.71, "rotation_up": 30.56, "upward_expansion": 59.02, "deceleration": 88.27, "rotation_down": 27.43, "downward_expansion": 20.35 }, "activity_lines": [ 15.150224, 15.207024, 15.079654, 14.868051 ], "activity_state": "Compressed", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.333333 }, "latest_close": 15.35, "trend_reference": 14.63995, "distance_from_trend": 0.048501, "trend_direction": "Improving", "fair_value": 12.166329, "distance_from_fair_value": 0.261679, "fair_value_direction": "Improving", "relative_strength": -3.769089, "relative_strength_direction": "Improving", "price_momentum": 0.061774, "excess_performance": -0.058647, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.048501, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.031995, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.261679, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.003314, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.037691, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.000787, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.061774, "read": "Positive" }, { "label": "Volume balance", "positive": false, "value": 0.52271, "read": "Supply-led" } ], "volume": { "latest": 79200, "relative_activity": 1.545818, "balance": 0.52271, "dry_up": 1.459452, "accumulation_observations": 2, "distribution_observations": 3 }, "risk": { "range_context": 0.022521, "annualized_volatility": 0.123149, "from_high_reference": -0.014419, "from_low_reference": 0.190792 }, "levels": { "trend_reference": 14.63995, "fair_value_reference": 12.166329, "structural_low": 13.349083, "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 5, "median_return": 0.037014, "positive_rate": 1.0, "directional_follow_through": 1.0, "median_excess_return": 0.012658, "regime_survival": 0.2, "best_return": 0.078894, "worst_return": 0.007191, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 4, "median_return": 0.080219, "positive_rate": 0.75, "directional_follow_through": 0.75, "median_excess_return": 0.006111, "regime_survival": 0.0, "best_return": 0.144029, "worst_return": -0.088764, "sufficient": false }, { "horizon": "Extended", "sample_count": 2, "median_return": 0.09583, "positive_rate": 1.0, "directional_follow_through": 1.0, "median_excess_return": -0.000375, "regime_survival": 0.0, "best_return": 0.112816, "worst_return": 0.078844, "sufficient": false }, { "horizon": "Full cycle", "sample_count": 1, "median_return": 0.095079, "positive_rate": 1.0, "directional_follow_through": 1.0, "median_excess_return": -0.029701, "regime_survival": 0.0, "best_return": 0.095079, "worst_return": 0.095079, "sufficient": false } ], "ledger": [ { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-09-06", "end": "2024-12-27", "tenure": "Established", "return": 0.055093, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-01-03", "end": "2025-01-31", "tenure": "Developing", "return": 0.037014, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-02-07", "end": "2025-03-21", "tenure": "Developing", "return": -0.031336, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-03-28", "end": "2025-03-28", "tenure": "New", "return": 0.0, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-04-04", "end": "2025-04-11", "tenure": "New", "return": 0.035948, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-04-18", "end": "2025-05-16", "tenure": "Developing", "return": 0.088173, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-05-23", "end": "2025-05-30", "tenure": "New", "return": 0.015098, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-06-06", "end": "2025-06-27", "tenure": "New", "return": 0.017329, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-07-04", "end": "2026-03-13", "tenure": "Extended", "return": 0.07252, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-03-20", "end": "2026-03-27", "tenure": "New", "return": -0.007194, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2026-04-03", "end": "2026-04-10", "tenure": "New", "return": 0.032532, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-04-17", "end": "2026-04-24", "tenure": "New", "return": -0.006056, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-05-01", "end": "2026-07-24", "tenure": "Established", "return": 0.035663, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-07-31", "end": "2026-08-07", "tenure": "New", "return": 0.022652, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 9.123643, "volume": 31800, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-08-25", "close": 9.138748, "volume": 22500, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-09-01", "close": 9.320198, "volume": 20400, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-09-08", "close": 9.251667, "volume": 10800, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-09-15", "close": 9.289736, "volume": 10700, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-09-22", "close": 9.137447, "volume": 32000, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-09-29", "close": 9.053883, "volume": 18000, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-10-06", "close": 9.030846, "volume": 7800, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-10-13", "close": 9.076921, "volume": 15400, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-10-20", "close": 8.85422, "volume": 15700, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-10-27", "close": 8.662239, "volume": 15700, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-11-03", "close": 9.189099, "volume": 11400, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-11-10", "close": 9.243338, "volume": 26700, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-11-17", "close": 9.42154, "volume": 12300, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-11-24", "close": 9.49902, "volume": 12100, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-12-01", "close": 9.561771, "volume": 8400, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-12-08", "close": 9.593019, "volume": 10500, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-12-15", "close": 9.718009, "volume": 38000, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-12-22", "close": 9.835188, "volume": 32500, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-12-29", "close": 9.897805, "volume": 23900, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-01-05", "close": 9.771821, "volume": 24800, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-01-12", "close": 9.945052, "volume": 25900, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-01-19", "close": 10.000171, "volume": 50900, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-01-26", "close": 10.157653, "volume": 47500, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-02-02", "close": 10.240081, "volume": 85200, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-02-09", "close": 10.311525, "volume": 27800, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-02-16", "close": 10.303585, "volume": 37800, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-02-23", "close": 10.517914, "volume": 23200, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-03-01", "close": 10.54518, "volume": 15300, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-03-08", "close": 10.665194, "volume": 27900, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-03-15", "close": 10.657191, "volume": 35700, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-03-22", "close": 10.841215, "volume": 25200, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-03-29", "close": 10.909, "volume": 17500, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-04-05", "close": 10.804186, "volume": 37600, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-04-12", "close": 10.594555, "volume": 32400, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-04-19", "close": 10.473612, "volume": 63100, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-04-26", "close": 10.683245, "volume": 33400, "typical_volume": 35280.0, "trend": 9.966806, "fair_value": 9.426233, "relative_strength": 3.65078, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 48.684913, "energy": 42.442191, "activity_lines": [ 10.640781, 10.679516, 10.528788, 10.308598 ] }, { "date": "2024-05-03", "close": 10.678369, "volume": 24100, "typical_volume": 34585.0, "trend": 10.021724, "fair_value": 9.441691, "relative_strength": 3.523856, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 43.645524, "energy": 33.458732, "activity_lines": [ 10.63593, 10.681196, 10.56067, 10.354506 ] }, { "date": "2024-05-10", "close": 10.962798, "volume": 45400, "typical_volume": 35230.0, "trend": 10.084587, "fair_value": 9.460241, "relative_strength": 4.353692, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 76.012774, "energy": 50.878596, "activity_lines": [ 10.741265, 10.731673, 10.615067, 10.41522 ] }, { "date": "2024-05-17", "close": 11.0847, "volume": 37000, "typical_volume": 35885.0, "trend": 10.158936, "fair_value": 9.479813, "relative_strength": 4.591479, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 81.455327, "energy": 63.961176, "activity_lines": [ 10.87666, 10.796721, 10.675704, 10.479743 ] }, { "date": "2024-05-24", "close": 11.100952, "volume": 34900, "typical_volume": 36390.0, "trend": 10.240226, "fair_value": 9.499112, "relative_strength": 5.24513, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 77.687867, "energy": 79.194406, "activity_lines": [ 10.984796, 10.857097, 10.732238, 10.540519 ] }, { "date": "2024-05-31", "close": 11.031786, "volume": 51900, "typical_volume": 37690.0, "trend": 10.301649, "fair_value": 9.517144, "relative_strength": 4.662246, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.79775, "energy": 77.710187, "activity_lines": [ 11.028054, 10.896828, 10.775855, 10.591587 ] }, { "date": "2024-06-07", "close": 11.080921, "volume": 39400, "typical_volume": 37115.0, "trend": 10.362902, "fair_value": 9.535327, "relative_strength": 6.187448, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 67.607839, "energy": 76.267836, "activity_lines": [ 11.064454, 10.942028, 10.818976, 10.641863 ] }, { "date": "2024-06-14", "close": 11.039975, "volume": 49600, "typical_volume": 37220.0, "trend": 10.41685, "fair_value": 9.552622, "relative_strength": 7.39393, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 64.359111, "energy": 56.408319, "activity_lines": [ 11.060368, 10.976658, 10.853052, 10.685545 ] }, { "date": "2024-06-21", "close": 11.121875, "volume": 33200, "typical_volume": 34620.0, "trend": 10.470945, "fair_value": 9.570454, "relative_strength": 8.40466, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 68.28989, "energy": 55.374544, "activity_lines": [ 11.078437, 11.021891, 10.890725, 10.73103 ] }, { "date": "2024-06-28", "close": 11.14962, "volume": 42500, "typical_volume": 35355.0, "trend": 10.523873, "fair_value": 9.588198, "relative_strength": 6.872138, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 68.008571, "energy": 53.597744, "activity_lines": [ 11.103277, 11.062581, 10.926843, 10.774816 ] }, { "date": "2024-07-05", "close": 11.298169, "volume": 22700, "typical_volume": 34600.0, "trend": 10.580712, "fair_value": 9.607197, "relative_strength": 7.181689, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 75.513343, "energy": 56.830547, "activity_lines": [ 11.174388, 11.11799, 10.973117, 10.82477 ] }, { "date": "2024-07-12", "close": 11.421961, "volume": 28900, "typical_volume": 34885.0, "trend": 10.63751, "fair_value": 9.62714, "relative_strength": 5.234088, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 80.540451, "energy": 68.619929, "activity_lines": [ 11.269004, 11.184725, 11.026444, 10.879044 ] }, { "date": "2024-07-19", "close": 11.240402, "volume": 32200, "typical_volume": 35730.0, "trend": 10.68435, "fair_value": 9.644675, "relative_strength": 3.333522, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.271625, "energy": 58.098489, "activity_lines": [ 11.280365, 11.20493, 11.058175, 10.917941 ] }, { "date": "2024-07-26", "close": 11.215642, "volume": 28100, "typical_volume": 35740.0, "trend": 10.728278, "fair_value": 9.661567, "relative_strength": 2.415802, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 61.91272, "energy": 51.951167, "activity_lines": [ 11.270111, 11.215585, 11.084238, 10.952218 ] }, { "date": "2024-08-02", "close": 10.961918, "volume": 59900, "typical_volume": 36950.0, "trend": 10.767948, "fair_value": 9.675401, "relative_strength": 2.59855, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 42.311183, "energy": 30.929465, "activity_lines": [ 11.16903, 11.177729, 11.083515, 10.967291 ] }, { "date": "2024-08-09", "close": 11.053474, "volume": 31300, "typical_volume": 37255.0, "trend": 10.804896, "fair_value": 9.689907, "relative_strength": 2.894223, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 34.499568, "energy": 18.430631, "activity_lines": [ 11.110982, 11.159046, 11.09006, 10.985712 ] }, { "date": "2024-08-16", "close": 11.403058, "volume": 36300, "typical_volume": 38195.0, "trend": 10.851659, "fair_value": 9.707752, "relative_strength": 2.58578, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 52.386652, "energy": 26.352039, "activity_lines": [ 11.185775, 11.20353, 11.128889, 11.024303 ] }, { "date": "2024-08-23", "close": 11.527909, "volume": 79600, "typical_volume": 40295.0, "trend": 10.897334, "fair_value": 9.726517, "relative_strength": 2.537528, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 67.374297, "energy": 38.89269, "activity_lines": [ 11.303445, 11.264857, 11.177255, 11.067932 ] }, { "date": "2024-08-30", "close": 11.682689, "volume": 19900, "typical_volume": 39670.0, "trend": 10.945421, "fair_value": 9.746478, "relative_strength": 3.454017, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 76.005256, "energy": 69.328661, "activity_lines": [ 11.453541, 11.345455, 11.236916, 11.1186 ] }, { "date": "2024-09-06", "close": 11.28823, "volume": 19500, "typical_volume": 37490.0, "trend": 10.977977, "fair_value": 9.762051, "relative_strength": 2.298311, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 57.253815, "energy": 61.049325, "activity_lines": [ 11.441015, 11.344136, 11.253828, 11.140717 ] }, { "date": "2024-09-13", "close": 11.607153, "volume": 100100, "typical_volume": 40825.0, "trend": 11.02143, "fair_value": 9.780502, "relative_strength": 1.505446, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 67.662446, "energy": 66.450966, "activity_lines": [ 11.513042, 11.398283, 11.297235, 11.181309 ] }, { "date": "2024-09-20", "close": 11.775012, "volume": 40200, "typical_volume": 41630.0, "trend": 11.063333, "fair_value": 9.80025, "relative_strength": 1.558283, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 75.257682, "energy": 69.027068, "activity_lines": [ 11.60411, 11.477332, 11.352228, 11.229927 ] }, { "date": "2024-09-27", "close": 11.786945, "volume": 52100, "typical_volume": 41965.0, "trend": 11.104725, "fair_value": 9.819727, "relative_strength": 1.166939, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 71.072488, "energy": 57.126535, "activity_lines": [ 11.674359, 11.552131, 11.403136, 11.276612 ] }, { "date": "2024-10-04", "close": 11.812329, "volume": 44400, "typical_volume": 42335.0, "trend": 11.142963, "fair_value": 9.839073, "relative_strength": 0.44247, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 70.107196, "energy": 68.95474, "activity_lines": [ 11.7358, 11.621608, 11.452537, 11.322264 ] }, { "date": "2024-10-11", "close": 11.98156, "volume": 43400, "typical_volume": 42760.0, "trend": 11.187109, "fair_value": 9.859674, "relative_strength": 0.505189, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 75.393677, "energy": 75.217773, "activity_lines": [ 11.845009, 11.711006, 11.51459, 11.376367 ] }, { "date": "2024-10-18", "close": 12.176177, "volume": 71900, "typical_volume": 43760.0, "trend": 11.231607, "fair_value": 9.881736, "relative_strength": 0.583652, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 81.889205, "energy": 81.145466, "activity_lines": [ 11.972868, 11.81725, 11.590985, 11.440178 ] }, { "date": "2024-10-25", "close": 11.888484, "volume": 65400, "typical_volume": 45060.0, "trend": 11.264257, "fair_value": 9.900667, "relative_strength": -0.445433, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 64.775282, "energy": 67.427796, "activity_lines": [ 11.966894, 11.850773, 11.634531, 11.482557 ] }, { "date": "2024-11-01", "close": 11.806816, "volume": 155200, "typical_volume": 50340.0, "trend": 11.297678, "fair_value": 9.918482, "relative_strength": -0.370724, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 62.732436, "energy": 58.010529, "activity_lines": [ 11.926133, 11.860622, 11.666454, 11.517561 ] }, { "date": "2024-11-08", "close": 12.276018, "volume": 33200, "typical_volume": 50340.0, "trend": 11.353727, "fair_value": 9.940311, "relative_strength": 1.377221, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 80.810062, "energy": 64.37851, "activity_lines": [ 12.040448, 11.950709, 11.739411, 11.580679 ] }, { "date": "2024-11-15", "close": 12.122458, "volume": 118400, "typical_volume": 54135.0, "trend": 11.408688, "fair_value": 9.96033, "relative_strength": -0.497444, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.273575, "energy": 53.645142, "activity_lines": [ 12.072664, 12.002088, 11.792247, 11.630275 ] }, { "date": "2024-11-22", "close": 12.293078, "volume": 106500, "typical_volume": 58325.0, "trend": 11.462349, "fair_value": 9.981537, "relative_strength": -1.333537, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 74.18639, "energy": 59.226339, "activity_lines": [ 12.152359, 12.069321, 11.8567, 11.687332 ] }, { "date": "2024-11-29", "close": 12.408897, "volume": 86600, "typical_volume": 61210.0, "trend": 11.520034, "fair_value": 10.003405, "relative_strength": -1.258217, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 76.283997, "energy": 75.216854, "activity_lines": [ 12.262868, 12.145141, 11.927446, 11.7484 ] }, { "date": "2024-12-06", "close": 12.374499, "volume": 66500, "typical_volume": 62925.0, "trend": 11.56709, "fair_value": 10.024576, "relative_strength": -1.737684, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 70.285634, "energy": 76.155876, "activity_lines": [ 12.327217, 12.203182, 11.990216, 11.803527 ] }, { "date": "2024-12-13", "close": 12.125119, "volume": 48800, "typical_volume": 63960.0, "trend": 11.601771, "fair_value": 10.043165, "relative_strength": -2.151917, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.61853, "energy": 58.929215, "activity_lines": [ 12.270593, 12.205198, 12.023835, 11.839529 ] }, { "date": "2024-12-20", "close": 11.849936, "volume": 91900, "typical_volume": 65560.0, "trend": 11.626737, "fair_value": 10.059013, "relative_strength": -1.790653, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 45.801777, "energy": 35.892865, "activity_lines": [ 12.132302, 12.151493, 12.026916, 11.855539 ] }, { "date": "2024-12-27", "close": 11.910134, "volume": 55600, "typical_volume": 66775.0, "trend": 11.656015, "fair_value": 10.07511, "relative_strength": -2.106483, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 36.226022, "energy": 21.121177, "activity_lines": [ 12.032244, 12.111127, 12.031501, 11.873823 ] }, { "date": "2025-01-03", "close": 11.941062, "volume": 64300, "typical_volume": 68175.0, "trend": 11.684687, "fair_value": 10.091196, "relative_strength": -2.973198, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 27.85751, "energy": 25.015762, "activity_lines": [ 11.968026, 12.081221, 12.034952, 11.892213 ] }, { "date": "2025-01-10", "close": 11.802316, "volume": 70500, "typical_volume": 67720.0, "trend": 11.710098, "fair_value": 10.105821, "relative_strength": -2.926894, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 11.783122, "energy": 21.203867, "activity_lines": [ 11.888748, 12.025133, 12.022627, 11.899802 ] }, { "date": "2025-01-17", "close": 12.192546, "volume": 74800, "typical_volume": 70465.0, "trend": 11.745787, "fair_value": 10.123505, "relative_strength": -0.949468, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 27.617915, "energy": 17.772215, "activity_lines": [ 11.977692, 12.040077, 12.04616, 11.930928 ] }, { "date": "2025-01-24", "close": 12.400669, "volume": 72600, "typical_volume": 73120.0, "trend": 11.787489, "fair_value": 10.142641, "relative_strength": -0.866867, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 63.429384, "energy": 33.356757, "activity_lines": [ 12.131516, 12.09438, 12.087087, 11.973178 ] }, { "date": "2025-01-31", "close": 12.383044, "volume": 131100, "typical_volume": 74670.0, "trend": 11.823651, "fair_value": 10.161311, "relative_strength": -1.255609, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 63.253554, "energy": 46.912196, "activity_lines": [ 12.242749, 12.14042, 12.121038, 12.011601 ] }, { "date": "2025-02-07", "close": 12.466093, "volume": 120500, "typical_volume": 78685.0, "trend": 11.858456, "fair_value": 10.180359, "relative_strength": -0.23768, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 67.753201, "energy": 68.499773, "activity_lines": [ 12.350137, 12.199923, 12.159204, 12.053049 ] }, { "date": "2025-02-14", "close": 12.570998, "volume": 87600, "typical_volume": 80460.0, "trend": 11.902809, "fair_value": 10.199954, "relative_strength": 0.409103, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 71.818333, "energy": 76.605456, "activity_lines": [ 12.457492, 12.277461, 12.204069, 12.099019 ] }, { "date": "2025-02-21", "close": 12.378673, "volume": 106000, "typical_volume": 83540.0, "trend": 11.941576, "fair_value": 10.217667, "relative_strength": 0.190628, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 62.142959, "energy": 68.370464, "activity_lines": [ 12.449493, 12.316457, 12.226884, 12.12972 ] }, { "date": "2025-02-28", "close": 12.472086, "volume": 90500, "typical_volume": 85895.0, "trend": 11.991915, "fair_value": 10.235848, "relative_strength": -0.040539, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 62.347162, "energy": 59.466663, "activity_lines": [ 12.460223, 12.367828, 12.255899, 12.163947 ] }, { "date": "2025-03-07", "close": 12.110706, "volume": 171100, "typical_volume": 90855.0, "trend": 12.027156, "fair_value": 10.250847, "relative_strength": -0.442834, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 46.415545, "energy": 29.676903, "activity_lines": [ 12.345732, 12.342182, 12.248161, 12.171611 ] }, { "date": "2025-03-14", "close": 11.899165, "volume": 74700, "typical_volume": 91320.0, "trend": 12.043693, "fair_value": 10.263929, "relative_strength": -1.351419, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 10.137314, "energy": 11.53293, "activity_lines": [ 12.178883, 12.274426, 12.220588, 12.163353 ] }, { "date": "2025-03-21", "close": 12.075451, "volume": 53300, "typical_volume": 86225.0, "trend": 12.061945, "fair_value": 10.278193, "relative_strength": -1.517596, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 17.461821, "energy": 19.731495, "activity_lines": [ 12.108592, 12.239485, 12.209754, 12.165402 ] }, { "date": "2025-03-28", "close": 11.916795, "volume": 107100, "typical_volume": 89920.0, "trend": 12.069748, "fair_value": 10.290994, "relative_strength": -1.948404, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -23.491164, "energy": 28.261829, "activity_lines": [ 12.018451, 12.170731, 12.18253, 12.156038 ] }, { "date": "2025-04-04", "close": 10.881131, "volume": 146200, "typical_volume": 91310.0, "trend": 12.056178, "fair_value": 10.295569, "relative_strength": -4.365647, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "mixed", "direction": -62.42833, "energy": 70.768136, "activity_lines": [ 11.613882, 11.918687, 12.058382, 12.079353 ] }, { "date": "2025-04-11", "close": 11.272284, "volume": 121000, "typical_volume": 92035.0, "trend": 12.045016, "fair_value": 10.303082, "relative_strength": -2.561447, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -74.150316, "energy": 76.772764, "activity_lines": [ 11.44576, 11.765391, 11.977397, 12.028779 ] }, { "date": "2025-04-18", "close": 11.338956, "volume": 37300, "typical_volume": 89570.0, "trend": 12.030481, "fair_value": 10.31099, "relative_strength": -4.392794, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.443025, "energy": 77.414436, "activity_lines": [ 11.355757, 11.644412, 11.907623, 11.983226 ] }, { "date": "2025-04-25", "close": 11.698994, "volume": 67700, "typical_volume": 89630.0, "trend": 12.027549, "fair_value": 10.321505, "relative_strength": -3.375, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.57945, "energy": 69.995843, "activity_lines": [ 11.423114, 11.609389, 11.877234, 11.96184 ] }, { "date": "2025-05-02", "close": 12.051803, "volume": 50600, "typical_volume": 89720.0, "trend": 12.035532, "fair_value": 10.334515, "relative_strength": -1.717942, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -48.49858, "energy": 31.430476, "activity_lines": [ 11.633171, 11.654367, 11.883662, 11.963405 ] }, { "date": "2025-05-09", "close": 12.042838, "volume": 95800, "typical_volume": 89915.0, "trend": 12.037574, "fair_value": 10.347263, "relative_strength": -2.991604, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -28.729699, "energy": 17.921019, "activity_lines": [ 11.831239, 11.703658, 11.889586, 11.963876 ] }, { "date": "2025-05-16", "close": 12.338751, "volume": 88400, "typical_volume": 91555.0, "trend": 12.042993, "fair_value": 10.362015, "relative_strength": -2.888505, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "mixed", "direction": 11.556915, "energy": 21.392593, "activity_lines": [ 12.050497, 11.814556, 11.922773, 11.983307 ] }, { "date": "2025-05-23", "close": 12.213211, "volume": 74200, "typical_volume": 92050.0, "trend": 12.053818, "fair_value": 10.375627, "relative_strength": -3.438746, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 7.60959, "energy": 22.992951, "activity_lines": [ 12.156812, 11.898482, 11.941962, 11.994289 ] }, { "date": "2025-05-30", "close": 12.397605, "volume": 49700, "typical_volume": 91010.0, "trend": 12.073511, "fair_value": 10.390386, "relative_strength": -3.002954, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 25.953837, "energy": 30.063676, "activity_lines": [ 12.266307, 12.010224, 11.977418, 12.016469 ] }, { "date": "2025-06-06", "close": 12.524203, "volume": 43900, "typical_volume": 89465.0, "trend": 12.081783, "fair_value": 10.405848, "relative_strength": -2.840781, "stage": 3, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 32.130492, "energy": 43.614896, "activity_lines": [ 12.371427, 12.139127, 12.022095, 12.045546 ] }, { "date": "2025-06-13", "close": 12.406648, "volume": 57300, "typical_volume": 88700.0, "trend": 12.091256, "fair_value": 10.420242, "relative_strength": -3.86665, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 24.590712, "energy": 43.181623, "activity_lines": [ 12.405869, 12.235613, 12.053997, 12.066505 ] }, { "date": "2025-06-20", "close": 12.402124, "volume": 64500, "typical_volume": 85370.0, "trend": 12.094891, "fair_value": 10.434399, "relative_strength": -3.694731, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 23.178004, "energy": 38.78736, "activity_lines": [ 12.414549, 12.303539, 12.08544, 12.086561 ] }, { "date": "2025-06-27", "close": 12.741229, "volume": 67600, "typical_volume": 82725.0, "trend": 12.105969, "fair_value": 10.450759, "relative_strength": -1.65734, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 72.104487, "energy": 61.340001, "activity_lines": [ 12.53204, 12.412578, 12.149088, 12.12826 ] }, { "date": "2025-07-04", "close": 12.882546, "volume": 43700, "typical_volume": 80530.0, "trend": 12.122904, "fair_value": 10.467884, "relative_strength": -1.744795, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 78.162343, "energy": 75.013943, "activity_lines": [ 12.661434, 12.521816, 12.224885, 12.178362 ] }, { "date": "2025-07-11", "close": 12.764023, "volume": 133700, "typical_volume": 81915.0, "trend": 12.144201, "fair_value": 10.483941, "relative_strength": -2.427689, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 70.122716, "energy": 81.32787, "activity_lines": [ 12.718992, 12.587984, 12.28791, 12.219724 ] }, { "date": "2025-07-18", "close": 12.836959, "volume": 131300, "typical_volume": 83955.0, "trend": 12.177101, "fair_value": 10.500282, "relative_strength": -2.816448, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 71.35627, "energy": 83.860871, "activity_lines": [ 12.784874, 12.654465, 12.356046, 12.264418 ] }, { "date": "2025-07-25", "close": 13.037539, "volume": 78600, "typical_volume": 79330.0, "trend": 12.214682, "fair_value": 10.51778, "relative_strength": -1.877637, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 81.75529, "energy": 91.356886, "activity_lines": [ 12.888928, 12.742975, 12.441548, 12.31993 ] }, { "date": "2025-08-01", "close": 12.780249, "volume": 78500, "typical_volume": 79520.0, "trend": 12.242654, "fair_value": 10.533276, "relative_strength": -2.048049, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.19646, "energy": 81.4976, "activity_lines": [ 12.864858, 12.772001, 12.498132, 12.356419 ] }, { "date": "2025-08-08", "close": 12.899776, "volume": 46700, "typical_volume": 79190.0, "trend": 12.279236, "fair_value": 10.549375, "relative_strength": -3.643706, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.419297, "energy": 62.619083, "activity_lines": [ 12.878029, 12.812449, 12.561905, 12.398814 ] }, { "date": "2025-08-15", "close": 13.042288, "volume": 59100, "typical_volume": 76790.0, "trend": 12.307561, "fair_value": 10.566219, "relative_strength": -2.986328, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 75.656259, "energy": 67.139678, "activity_lines": [ 12.937555, 12.869678, 12.635324, 12.448043 ] }, { "date": "2025-08-22", "close": 13.083663, "volume": 69600, "typical_volume": 72960.0, "trend": 12.330328, "fair_value": 10.583115, "relative_strength": -4.01984, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 74.354311, "energy": 63.478432, "activity_lines": [ 12.992322, 12.925009, 12.707325, 12.498114 ] }, { "date": "2025-08-29", "close": 13.074081, "volume": 111600, "typical_volume": 72490.0, "trend": 12.353362, "fair_value": 10.599721, "relative_strength": -4.704424, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 70.79659, "energy": 63.892715, "activity_lines": [ 13.027448, 12.96629, 12.767924, 12.546098 ] }, { "date": "2025-09-05", "close": 13.078716, "volume": 69500, "typical_volume": 74100.0, "trend": 12.373783, "fair_value": 10.616138, "relative_strength": -6.095461, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.184045, "energy": 65.054027, "activity_lines": [ 13.061683, 12.996195, 12.820385, 12.592895 ] }, { "date": "2025-09-12", "close": 13.296618, "volume": 69300, "typical_volume": 74180.0, "trend": 12.39797, "fair_value": 10.633773, "relative_strength": -5.145016, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 80.523504, "energy": 66.918519, "activity_lines": [ 13.148654, 13.059583, 12.885315, 12.652433 ] }, { "date": "2025-09-19", "close": 13.417159, "volume": 110400, "typical_volume": 77170.0, "trend": 12.432587, "fair_value": 10.651965, "relative_strength": -5.681705, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 82.65318, "energy": 71.900891, "activity_lines": [ 13.249349, 13.137359, 12.954116, 12.718187 ] }, { "date": "2025-09-26", "close": 13.407887, "volume": 69800, "typical_volume": 75870.0, "trend": 12.46378, "fair_value": 10.669861, "relative_strength": -5.566712, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 76.754205, "energy": 76.404932, "activity_lines": [ 13.321963, 13.201574, 13.015533, 12.781109 ] }, { "date": "2025-10-03", "close": 13.566836, "volume": 78500, "typical_volume": 75375.0, "trend": 12.512318, "fair_value": 10.688551, "relative_strength": -6.510426, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 81.846841, "energy": 85.130748, "activity_lines": [ 13.425944, 13.284308, 13.085587, 12.852274 ] }, { "date": "2025-10-10", "close": 13.323736, "volume": 51700, "typical_volume": 74250.0, "trend": 12.559803, "fair_value": 10.705443, "relative_strength": -6.112134, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.981974, "energy": 61.967488, "activity_lines": [ 13.416041, 13.313219, 13.126641, 12.904624 ] }, { "date": "2025-10-17", "close": 13.506062, "volume": 59100, "typical_volume": 74720.0, "trend": 12.60749, "fair_value": 10.738416, "relative_strength": -5.481219, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 70.104779, "energy": 60.313881, "activity_lines": [ 13.45058, 13.365398, 13.179772, 12.965673 ] }, { "date": "2025-10-24", "close": 13.697735, "volume": 59600, "typical_volume": 75505.0, "trend": 12.666855, "fair_value": 10.77002, "relative_strength": -4.778502, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 79.028699, "energy": 64.049217, "activity_lines": [ 13.535046, 13.441404, 13.245878, 13.036011 ] }, { "date": "2025-10-31", "close": 13.707086, "volume": 78500, "typical_volume": 76565.0, "trend": 12.761054, "fair_value": 10.802494, "relative_strength": -4.291244, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 75.801114, "energy": 65.177716, "activity_lines": [ 13.603924, 13.507192, 13.307287, 13.103123 ] }, { "date": "2025-11-07", "close": 13.650524, "volume": 66300, "typical_volume": 76655.0, "trend": 12.840328, "fair_value": 10.832535, "relative_strength": -3.420854, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.998495, "energy": 65.524586, "activity_lines": [ 13.634002, 13.551362, 13.357116, 13.160508 ] }, { "date": "2025-11-14", "close": 13.659951, "volume": 70600, "typical_volume": 76805.0, "trend": 12.917695, "fair_value": 10.862455, "relative_strength": -4.532271, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.206697, "energy": 60.065299, "activity_lines": [ 13.661643, 13.586765, 13.401899, 13.213387 ] }, { "date": "2025-11-21", "close": 13.471407, "volume": 93100, "typical_volume": 79275.0, "trend": 12.976775, "fair_value": 10.889591, "relative_strength": -5.191436, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 60.639028, "energy": 48.666579, "activity_lines": [ 13.604021, 13.577319, 13.42435, 13.24911 ] }, { "date": "2025-11-28", "close": 13.876853, "volume": 63900, "typical_volume": 75785.0, "trend": 13.03761, "fair_value": 10.918868, "relative_strength": -5.981344, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 75.124998, "energy": 52.314995, "activity_lines": [ 13.683859, 13.638412, 13.48261, 13.30718 ] }, { "date": "2025-12-05", "close": 13.905367, "volume": 53600, "typical_volume": 71900.0, "trend": 13.099694, "fair_value": 10.949644, "relative_strength": -5.428106, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 72.95793, "energy": 53.897048, "activity_lines": [ 13.76126, 13.696332, 13.538288, 13.363164 ] }, { "date": "2025-12-12", "close": 13.848337, "volume": 104700, "typical_volume": 73205.0, "trend": 13.150014, "fair_value": 10.980826, "relative_strength": -6.305873, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.01846, "energy": 51.942168, "activity_lines": [ 13.806432, 13.734838, 13.583446, 13.411464 ] }, { "date": "2025-12-19", "close": 13.848337, "volume": 57900, "typical_volume": 72175.0, "trend": 13.204518, "fair_value": 11.012643, "relative_strength": -6.805335, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.693474, "energy": 52.24586, "activity_lines": [ 13.838416, 13.768225, 13.624743, 13.456517 ] }, { "date": "2025-12-26", "close": 14.057443, "volume": 45000, "typical_volume": 72090.0, "trend": 13.259846, "fair_value": 11.045882, "relative_strength": -5.960937, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 74.555084, "energy": 64.693604, "activity_lines": [ 13.927544, 13.830094, 13.680869, 13.511544 ] }, { "date": "2026-01-02", "close": 14.019423, "volume": 46900, "typical_volume": 71480.0, "trend": 13.309687, "fair_value": 11.077642, "relative_strength": -5.73111, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 69.585911, "energy": 58.162386, "activity_lines": [ 13.964929, 13.875025, 13.727861, 13.560549 ] }, { "date": "2026-01-09", "close": 14.230242, "volume": 73400, "typical_volume": 71670.0, "trend": 13.370473, "fair_value": 11.109746, "relative_strength": -6.298654, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 80.203902, "energy": 70.877715, "activity_lines": [ 14.063083, 13.952437, 13.790278, 13.61994 ] }, { "date": "2026-01-16", "close": 14.306903, "volume": 99800, "typical_volume": 71080.0, "trend": 13.433966, "fair_value": 11.141335, "relative_strength": -6.807937, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 80.176161, "energy": 82.982378, "activity_lines": [ 14.165132, 14.034276, 13.854537, 13.680355 ] }, { "date": "2026-01-23", "close": 14.201494, "volume": 62400, "typical_volume": 70725.0, "trend": 13.482641, "fair_value": 11.173301, "relative_strength": -7.562348, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.279364, "energy": 66.571492, "activity_lines": [ 14.201473, 14.085016, 13.902886, 13.729873 ] }, { "date": "2026-01-30", "close": 14.244331, "volume": 46900, "typical_volume": 69605.0, "trend": 13.528034, "fair_value": 11.205173, "relative_strength": -3.580755, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.318952, "energy": 61.122544, "activity_lines": [ 14.22855, 14.133698, 13.949968, 13.779014 ] }, { "date": "2026-02-06", "close": 14.456934, "volume": 108700, "typical_volume": 69520.0, "trend": 13.584465, "fair_value": 11.2385, "relative_strength": -3.61247, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 77.450005, "energy": 60.951719, "activity_lines": [ 14.314035, 14.206982, 14.012785, 13.838943 ] }, { "date": "2026-02-13", "close": 14.466599, "volume": 185400, "typical_volume": 75300.0, "trend": 13.638786, "fair_value": 11.271981, "relative_strength": -5.084772, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 73.476631, "energy": 59.105132, "activity_lines": [ 14.373574, 14.271476, 14.071571, 13.895855 ] }, { "date": "2026-02-20", "close": 14.611553, "volume": 91400, "typical_volume": 75945.0, "trend": 13.691253, "fair_value": 11.307728, "relative_strength": -6.006211, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 79.040721, "energy": 70.187046, "activity_lines": [ 14.465675, 14.352121, 14.139121, 13.958614 ] }, { "date": "2026-02-27", "close": 14.547578, "volume": 140500, "typical_volume": 80385.0, "trend": 13.750164, "fair_value": 11.342275, "relative_strength": -7.580598, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 70.274098, "energy": 75.173186, "activity_lines": [ 14.51614, 14.407258, 14.195603, 14.013861 ] }, { "date": "2026-03-06", "close": 14.001922, "volume": 130700, "typical_volume": 83965.0, "trend": 13.786902, "fair_value": 11.375648, "relative_strength": -7.413197, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 56.425051, "energy": 42.933519, "activity_lines": [ 14.361648, 14.350471, 14.19429, 14.030103 ] }, { "date": "2026-03-13", "close": 13.816789, "volume": 74500, "typical_volume": 84710.0, "trend": 13.812719, "fair_value": 11.408625, "relative_strength": -6.881051, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 20.620895, "energy": 14.014342, "activity_lines": [ 14.161605, 14.261033, 14.172984, 14.032031 ] }, { "date": "2026-03-20", "close": 13.543961, "volume": 65600, "typical_volume": 84065.0, "trend": 13.828062, "fair_value": 11.43962, "relative_strength": -4.945686, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -3.866267, "energy": 21.373159, "activity_lines": [ 13.913296, 14.125674, 14.125127, 14.014692 ] }, { "date": "2026-03-27", "close": 13.446522, "volume": 59300, "typical_volume": 83715.0, "trend": 13.840477, "fair_value": 11.468355, "relative_strength": -7.291588, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -36.299152, "energy": 42.751123, "activity_lines": [ 13.694016, 13.985077, 14.068768, 13.990077 ] }, { "date": "2026-04-03", "close": 13.904494, "volume": 42700, "typical_volume": 82320.0, "trend": 13.868003, "fair_value": 11.499791, "relative_strength": -7.263434, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -21.169424, "energy": 34.090109, "activity_lines": [ 13.705063, 13.943391, 14.056996, 13.994207 ] }, { "date": "2026-04-10", "close": 14.356833, "volume": 67700, "typical_volume": 81050.0, "trend": 13.903343, "fair_value": 11.53333, "relative_strength": -5.708863, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "up", "direction": 18.848127, "energy": 20.731202, "activity_lines": [ 13.909761, 13.989348, 14.08714, 14.025744 ] }, { "date": "2026-04-17", "close": 14.612502, "volume": 46800, "typical_volume": 80195.0, "trend": 13.943188, "fair_value": 11.568273, "relative_strength": -5.673733, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 49.318193, "energy": 24.384553, "activity_lines": [ 14.176022, 14.079745, 14.137417, 14.071496 ] }, { "date": "2026-04-24", "close": 14.524002, "volume": 40700, "typical_volume": 79550.0, "trend": 13.980392, "fair_value": 11.602499, "relative_strength": -4.839389, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 50.697622, "energy": 39.782728, "activity_lines": [ 14.359735, 14.151222, 14.175762, 14.108968 ] }, { "date": "2026-05-01", "close": 14.502203, "volume": 90000, "typical_volume": 78815.0, "trend": 14.011571, "fair_value": 11.637058, "relative_strength": -4.728054, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 57.676774, "energy": 46.082602, "activity_lines": [ 14.470846, 14.217693, 14.209085, 14.142633 ] }, { "date": "2026-05-08", "close": 14.689138, "volume": 77400, "typical_volume": 79790.0, "trend": 14.057084, "fair_value": 11.673193, "relative_strength": -3.847783, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.923754, "energy": 66.727832, "activity_lines": [ 14.57389, 14.32014, 14.257098, 14.186347 ] }, { "date": "2026-05-15", "close": 14.758009, "volume": 54500, "typical_volume": 80265.0, "trend": 14.098816, "fair_value": 11.709156, "relative_strength": -2.536563, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 68.547827, "energy": 69.026856, "activity_lines": [ 14.647581, 14.432535, 14.307666, 14.231568 ] }, { "date": "2026-05-22", "close": 15.023653, "volume": 39400, "typical_volume": 79890.0, "trend": 14.143013, "fair_value": 11.747246, "relative_strength": -2.467316, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 76.45771, "energy": 71.313778, "activity_lines": [ 14.783075, 14.579481, 14.380197, 14.291235 ] }, { "date": "2026-05-29", "close": 14.998691, "volume": 48000, "typical_volume": 78620.0, "trend": 14.186067, "fair_value": 11.784939, "relative_strength": -3.287187, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 71.214321, "energy": 70.2146, "activity_lines": [ 14.882838, 14.699947, 14.44557, 14.34644 ] }, { "date": "2026-06-05", "close": 14.949092, "volume": 17500, "typical_volume": 74505.0, "trend": 14.229352, "fair_value": 11.822266, "relative_strength": -2.444891, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.245428, "energy": 68.835993, "activity_lines": [ 14.934423, 14.784944, 14.502559, 14.395668 ] }, { "date": "2026-06-12", "close": 15.266525, "volume": 6200, "typical_volume": 71695.0, "trend": 14.282905, "fair_value": 11.860675, "relative_strength": -1.736586, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 78.657407, "energy": 78.034427, "activity_lines": [ 15.062025, 14.900338, 14.586722, 14.462582 ] }, { "date": "2026-06-19", "close": 15.494679, "volume": 17200, "typical_volume": 70210.0, "trend": 14.350347, "fair_value": 11.901689, "relative_strength": -0.248857, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 83.935394, "energy": 86.392681, "activity_lines": [ 15.227187, 15.032449, 14.687542, 14.540761 ] }, { "date": "2026-06-26", "close": 15.203757, "volume": 7000, "typical_volume": 65125.0, "trend": 14.394577, "fair_value": 11.939546, "relative_strength": -1.971611, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.822644, "energy": 77.508965, "activity_lines": [ 15.246263, 15.090978, 14.754701, 14.59582 ] }, { "date": "2026-07-03", "close": 15.534914, "volume": 9500, "typical_volume": 56330.0, "trend": 14.448895, "fair_value": 11.980341, "relative_strength": -0.442767, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 78.595122, "energy": 86.294322, "activity_lines": [ 15.363718, 15.198967, 14.849843, 14.66939 ] }, { "date": "2026-07-10", "close": 15.306896, "volume": 101700, "typical_volume": 56845.0, "trend": 14.497514, "fair_value": 12.018714, "relative_strength": -1.899958, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.921465, "energy": 77.901417, "activity_lines": [ 15.369419, 15.247118, 14.918182, 14.724745 ] }, { "date": "2026-07-17", "close": 15.049138, "volume": 74000, "typical_volume": 53520.0, "trend": 14.537541, "fair_value": 12.054715, "relative_strength": -3.256724, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 60.241339, "energy": 50.554482, "activity_lines": [ 15.265347, 15.233773, 14.958661, 14.760334 ] }, { "date": "2026-07-24", "close": 15.019397, "volume": 48700, "typical_volume": 49420.0, "trend": 14.569606, "fair_value": 12.090426, "relative_strength": -3.526742, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 46.43224, "energy": 38.453917, "activity_lines": [ 15.165854, 15.208475, 14.993919, 14.791421 ] }, { "date": "2026-07-31", "close": 15.01, "volume": 97200, "typical_volume": 50555.0, "trend": 14.602625, "fair_value": 12.127239, "relative_strength": -2.997035, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 38.196301, "energy": 23.511486, "activity_lines": [ 15.094914, 15.176716, 15.023437, 14.819834 ] }, { "date": "2026-08-07", "close": 15.35, "volume": 79200, "typical_volume": 51235.0, "trend": 14.63995, "fair_value": 12.166329, "relative_strength": -3.769089, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 49.325087, "energy": 27.205487, "activity_lines": [ 15.150224, 15.207024, 15.079654, 14.868051 ] } ], "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." } } }