{ "ticker": { "uuid": "5305623c-61d3-4f2f-827e-4b61bb4ed4c5", "symbol": "GUT", "name": "Gabelli Utility Trust", "exchange": "NYSE", "country": "US", "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": "SPY", "stage": 2, "stage_name": "Advancing", "phase": "2b", "phase_label": "Stage 2B \u00b7 Advancing", "transition": "stage_2_healthy", "transition_label": "Stage 2 trend intact", "confidence": 56.781, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Established expansion", "architecture_gate": "up", "architecture_direction": 38.118, "architecture_energy": 21.162, "architecture_maturity": 84.558, "architecture_confidence": 78.672, "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": 38.31, "rotation_up": 27.81, "upward_expansion": 62.62, "deceleration": 88.32, "rotation_down": 26.99, "downward_expansion": 14.95 }, "activity_lines": [ 6.373826, 6.415113, 6.324715, 6.214516 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.333333 }, "latest_close": 6.24, "trend_reference": 6.082148, "distance_from_trend": 0.025953, "trend_direction": "Improving", "fair_value": 5.025339, "distance_from_fair_value": 0.241707, "fair_value_direction": "Weakening", "relative_strength": -5.511631, "relative_strength_direction": "Weakening", "price_momentum": 0.081329, "excess_performance": -0.044296, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.025953, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.039148, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.241707, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.011662, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.055116, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.029807, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.081329, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 1.275894, "read": "Demand-led" } ], "volume": { "latest": 1010821, "relative_activity": 0.960986, "balance": 1.275894, "dry_up": 1.137097, "accumulation_observations": 3, "distribution_observations": 2 }, "risk": { "range_context": 0.039368, "annualized_volatility": 0.128775, "from_high_reference": -0.110566, "from_low_reference": 0.219022 }, "levels": { "trend_reference": 6.082148, "fair_value_reference": 5.025339, "structural_low": 5.615143, "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 28, "median_return": 0.008526, "positive_rate": 0.571429, "directional_follow_through": 0.571429, "median_excess_return": -0.007709, "regime_survival": 0.714286, "best_return": 0.07154, "worst_return": -0.119303, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 11, "median_return": 0.026006, "positive_rate": 0.636364, "directional_follow_through": 0.636364, "median_excess_return": -0.029317, "regime_survival": 0.636364, "best_return": 0.109904, "worst_return": -0.124802, "sufficient": true }, { "horizon": "Extended", "sample_count": 6, "median_return": 0.008813, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": -0.013879, "regime_survival": 0.5, "best_return": 0.161149, "worst_return": -0.071778, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 4, "median_return": 0.018509, "positive_rate": 0.75, "directional_follow_through": 0.75, "median_excess_return": -0.073845, "regime_survival": 0.25, "best_return": 0.266227, "worst_return": -0.068438, "sufficient": false } ], "ledger": [ { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-05-17", "end": "2024-06-28", "tenure": "Developing", "return": 0.003277, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-07-05", "end": "2024-07-12", "tenure": "New", "return": 0.01318, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-07-19", "end": "2024-09-06", "tenure": "Developing", "return": -0.010269, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-09-13", "end": "2024-09-27", "tenure": "New", "return": -0.029668, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2024-10-04", "end": "2024-10-25", "tenure": "New", "return": 0.003795, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2024-11-01", "end": "2024-12-13", "tenure": "Developing", "return": 0.081364, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-12-20", "end": "2025-01-17", "tenure": "Developing", "return": 0.049459, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-01-24", "end": "2025-02-28", "tenure": "Developing", "return": -0.02711, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-03-07", "end": "2025-05-23", "tenure": "Developing", "return": 0.055743, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-05-30", "end": "2025-09-05", "tenure": "Established", "return": 0.121153, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-09-12", "end": "2025-09-19", "tenure": "New", "return": -0.001012, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-09-26", "end": "2026-03-20", "tenure": "Established", "return": 0.004196, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-03-27", "end": "2026-04-17", "tenure": "New", "return": 0.03733, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-04-24", "end": "2026-08-07", "tenure": "Established", "return": 0.029169, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 4.933839, "volume": 500474, "typical_volume": 509238.1, "trend": 4.952293, "fair_value": 4.817077, "relative_strength": -7.939976, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 15.737477, "energy": 11.421675, "activity_lines": [ 4.986059, 4.980843, 4.950212, 4.944623 ] }, { "date": "2023-08-25", "close": 4.933839, "volume": 570965, "typical_volume": 522725.65, "trend": 4.94051, "fair_value": 4.820694, "relative_strength": -8.406144, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 27.286286, "energy": 13.061758, "activity_lines": [ 4.963103, 4.975963, 4.949242, 4.943433 ] }, { "date": "2023-09-01", "close": 4.926573, "volume": 602948, "typical_volume": 510835.1, "trend": 4.932171, "fair_value": 4.824483, "relative_strength": -10.440959, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 21.451545, "energy": 12.315279, "activity_lines": [ 4.944005, 4.967948, 4.948584, 4.942533 ] }, { "date": "2023-09-08", "close": 4.875709, "volume": 362089, "typical_volume": 491656.3, "trend": 4.92997, "fair_value": 4.827581, "relative_strength": -9.933473, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -7.231818, "energy": 11.595994, "activity_lines": [ 4.917602, 4.950959, 4.943151, 4.938891 ] }, { "date": "2023-09-15", "close": 4.904666, "volume": 720577, "typical_volume": 503777.55, "trend": 4.928734, "fair_value": 4.830862, "relative_strength": -8.921585, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -12.352453, "energy": 13.244441, "activity_lines": [ 4.90716, 4.938869, 4.940888, 4.937258 ] }, { "date": "2023-09-22", "close": 4.787539, "volume": 709034, "typical_volume": 510058.35, "trend": 4.92777, "fair_value": 4.833208, "relative_strength": -8.223781, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -38.661086, "energy": 36.422362, "activity_lines": [ 4.864698, 4.907327, 4.927542, 4.928149 ] }, { "date": "2023-09-29", "close": 3.87981, "volume": 2643015, "typical_volume": 625287.1, "trend": 4.895736, "fair_value": 4.829772, "relative_strength": -24.621571, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -96.163261, "energy": 88.849091, "activity_lines": [ 4.529413, 4.713804, 4.828103, 4.860538 ] }, { "date": "2023-10-06", "close": 3.791965, "volume": 2502774, "typical_volume": 718250.95, "trend": 4.860194, "fair_value": 4.826067, "relative_strength": -26.200698, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -96.088166, "energy": 97.45563, "activity_lines": [ 4.235115, 4.525186, 4.725217, 4.789327 ] }, { "date": "2023-10-13", "close": 4.289752, "volume": 1159505, "typical_volume": 747658.95, "trend": 4.839631, "fair_value": 4.824851, "relative_strength": -16.494399, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.373901, "energy": 85.382028, "activity_lines": [ 4.182386, 4.450336, 4.675009, 4.752525 ] }, { "date": "2023-10-20", "close": 4.208351, "volume": 797089, "typical_volume": 764834.3, "trend": 4.816355, "fair_value": 4.823633, "relative_strength": -15.740583, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.061289, "energy": 84.268498, "activity_lines": [ 4.141588, 4.37306, 4.61944, 4.711797 ] }, { "date": "2023-10-27", "close": 4.282181, "volume": 757281, "typical_volume": 782100.45, "trend": 4.792034, "fair_value": 4.822813, "relative_strength": -11.807343, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.858886, "energy": 60.75109, "activity_lines": [ 4.17182, 4.323783, 4.574087, 4.677334 ] }, { "date": "2023-11-03", "close": 4.503674, "volume": 668488, "typical_volume": 789087.8, "trend": 4.770658, "fair_value": 4.823228, "relative_strength": -12.094536, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -54.680383, "energy": 38.159996, "activity_lines": [ 4.309574, 4.326626, 4.553069, 4.65873 ] }, { "date": "2023-11-10", "close": 4.112371, "volume": 673411, "typical_volume": 803969.85, "trend": 4.743036, "fair_value": 4.821022, "relative_strength": -20.496949, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -54.877986, "energy": 36.436841, "activity_lines": [ 4.275303, 4.266144, 4.496358, 4.61626 ] }, { "date": "2023-11-17", "close": 4.185876, "volume": 692693, "typical_volume": 810124.95, "trend": 4.717159, "fair_value": 4.819549, "relative_strength": -20.53857, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "down", "direction": -47.236439, "energy": 32.443213, "activity_lines": [ 4.244173, 4.23383, 4.450596, 4.580314 ] }, { "date": "2023-11-24", "close": 4.468907, "volume": 511050, "typical_volume": 818570.6, "trend": 4.702128, "fair_value": 4.819629, "relative_strength": -15.628281, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "down", "direction": -40.028034, "energy": 24.510432, "activity_lines": [ 4.314312, 4.265519, 4.434979, 4.564298 ] }, { "date": "2023-12-01", "close": 4.528492, "volume": 603732, "typical_volume": 824797.25, "trend": 4.690992, "fair_value": 4.819829, "relative_strength": -14.825842, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -37.388388, "energy": 21.837827, "activity_lines": [ 4.386942, 4.315964, 4.427594, 4.553096 ] }, { "date": "2023-12-08", "close": 4.45401, "volume": 614150, "typical_volume": 833066.85, "trend": 4.6757, "fair_value": 4.818882, "relative_strength": -16.005437, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -32.960938, "energy": 17.054352, "activity_lines": [ 4.418324, 4.357577, 4.415151, 4.537807 ] }, { "date": "2023-12-15", "close": 4.564662, "volume": 561735, "typical_volume": 832916.65, "trend": 4.664568, "fair_value": 4.818119, "relative_strength": -15.432644, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -24.388034, "energy": 17.396932, "activity_lines": [ 4.489901, 4.408869, 4.41598, 4.530643 ] }, { "date": "2023-12-22", "close": 4.286878, "volume": 876010, "typical_volume": 845058.4, "trend": 4.647732, "fair_value": 4.81565, "relative_strength": -20.719422, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -25.486183, "energy": 14.129809, "activity_lines": [ 4.438731, 4.395606, 4.392766, 4.506276 ] }, { "date": "2023-12-29", "close": 4.069156, "volume": 1945566, "typical_volume": 923629.3, "trend": 4.620795, "fair_value": 4.811221, "relative_strength": -24.354996, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -57.793978, "energy": 28.33625, "activity_lines": [ 4.308253, 4.342808, 4.352071, 4.468948 ] }, { "date": "2024-01-05", "close": 4.136725, "volume": 672943, "typical_volume": 932252.75, "trend": 4.593266, "fair_value": 4.80764, "relative_strength": -21.199, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -55.346112, "energy": 41.104464, "activity_lines": [ 4.226948, 4.304827, 4.322291, 4.437718 ] }, { "date": "2024-01-12", "close": 4.031618, "volume": 989410, "typical_volume": 953175.0, "trend": 4.566514, "fair_value": 4.803158, "relative_strength": -23.947481, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.918476, "energy": 63.166456, "activity_lines": [ 4.136725, 4.250381, 4.286297, 4.401483 ] }, { "date": "2024-01-19", "close": 3.872679, "volume": 1036663, "typical_volume": 974860.75, "trend": 4.530885, "fair_value": 4.797583, "relative_strength": -27.139418, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -71.084997, "energy": 71.831198, "activity_lines": [ 4.021682, 4.175619, 4.239462, 4.356719 ] }, { "date": "2024-01-26", "close": 3.92573, "volume": 798847, "typical_volume": 996698.65, "trend": 4.499888, "fair_value": 4.792158, "relative_strength": -26.229143, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.648322, "energy": 70.072957, "activity_lines": [ 3.970455, 4.11486, 4.202698, 4.317677 ] }, { "date": "2024-02-02", "close": 4.062145, "volume": 691581, "typical_volume": 995248.85, "trend": 4.468425, "fair_value": 4.787192, "relative_strength": -24.13205, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.129079, "energy": 63.370035, "activity_lines": [ 3.988776, 4.083635, 4.18345, 4.289435 ] }, { "date": "2024-02-09", "close": 4.09246, "volume": 672560, "typical_volume": 993425.15, "trend": 4.439643, "fair_value": 4.782534, "relative_strength": -24.053446, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -58.304646, "energy": 47.638397, "activity_lines": [ 4.01767, 4.065317, 4.1711, 4.26518 ] }, { "date": "2024-02-16", "close": 4.1018, "volume": 544967, "typical_volume": 888522.75, "trend": 4.408769, "fair_value": 4.778202, "relative_strength": -23.057179, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -53.132616, "energy": 33.721168, "activity_lines": [ 4.052628, 4.056625, 4.162951, 4.243383 ] }, { "date": "2024-02-23", "close": 4.137516, "volume": 591368, "typical_volume": 792952.45, "trend": 4.377642, "fair_value": 4.774023, "relative_strength": -23.081033, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -38.909756, "energy": 22.491349, "activity_lines": [ 4.094812, 4.06083, 4.157145, 4.225883 ] }, { "date": "2024-03-01", "close": 4.160459, "volume": 722334, "typical_volume": 771093.9, "trend": 4.350646, "fair_value": 4.771894, "relative_strength": -22.841563, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -34.200427, "energy": 18.282752, "activity_lines": [ 4.126988, 4.076974, 4.15188, 4.211871 ] }, { "date": "2024-03-08", "close": 4.244586, "volume": 772160, "typical_volume": 769847.45, "trend": 4.325132, "fair_value": 4.768668, "relative_strength": -20.454715, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -22.330455, "energy": 16.152983, "activity_lines": [ 4.171558, 4.110711, 4.155242, 4.205029 ] }, { "date": "2024-03-15", "close": 4.182643, "volume": 664111, "typical_volume": 765188.95, "trend": 4.300092, "fair_value": 4.76814, "relative_strength": -20.907157, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -24.634577, "energy": 16.950923, "activity_lines": [ 4.183318, 4.129997, 4.152532, 4.195836 ] }, { "date": "2024-03-22", "close": 4.290681, "volume": 660502, "typical_volume": 764789.65, "trend": 4.278654, "fair_value": 4.769415, "relative_strength": -19.990897, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -1.337212, "energy": 11.693889, "activity_lines": [ 4.225078, 4.168091, 4.160585, 4.195229 ] }, { "date": "2024-03-29", "close": 4.282964, "volume": 587347, "typical_volume": 760486.45, "trend": 4.2572, "fair_value": 4.769952, "relative_strength": -19.784252, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 0.259375, "energy": 15.149107, "activity_lines": [ 4.251674, 4.200072, 4.168918, 4.195507 ] }, { "date": "2024-04-05", "close": 4.221228, "volume": 544438, "typical_volume": 753073.7, "trend": 4.235384, "fair_value": 4.769939, "relative_strength": -19.533395, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 13.010716, "energy": 17.786001, "activity_lines": [ 4.247994, 4.213368, 4.170559, 4.193186 ] }, { "date": "2024-04-12", "close": 4.282964, "volume": 612185, "typical_volume": 758130.45, "trend": 4.214661, "fair_value": 4.770365, "relative_strength": -16.54723, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 19.57954, "energy": 28.929091, "activity_lines": [ 4.260842, 4.232516, 4.177911, 4.196256 ] }, { "date": "2024-04-19", "close": 4.314542, "volume": 624457, "typical_volume": 759166.7, "trend": 4.198894, "fair_value": 4.771224, "relative_strength": -12.683062, "stage": 4, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 31.937097, "energy": 36.904665, "activity_lines": [ 4.281657, 4.253391, 4.189156, 4.2027 ] }, { "date": "2024-04-26", "close": 4.32233, "volume": 789917, "typical_volume": 767955.05, "trend": 4.213645, "fair_value": 4.771131, "relative_strength": -14.201893, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 23.725687, "energy": 29.53445, "activity_lines": [ 4.296275, 4.271644, 4.202162, 4.210663 ] }, { "date": "2024-05-03", "close": 4.446937, "volume": 715555, "typical_volume": 775646.05, "trend": 4.235477, "fair_value": 4.770526, "relative_strength": -11.693269, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 47.862926, "energy": 52.816162, "activity_lines": [ 4.350319, 4.308544, 4.227661, 4.225714 ] }, { "date": "2024-05-10", "close": 4.750669, "volume": 956213, "typical_volume": 779656.2, "trend": 4.250841, "fair_value": 4.772174, "relative_strength": -6.847952, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 91.736618, "energy": 86.184821, "activity_lines": [ 4.494675, 4.395041, 4.282649, 4.258952 ] }, { "date": "2024-05-17", "close": 4.671645, "volume": 852521, "typical_volume": 725003.95, "trend": 4.266284, "fair_value": 4.773393, "relative_strength": -9.344317, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 79.71323, "energy": 83.945076, "activity_lines": [ 4.577394, 4.456439, 4.327901, 4.286101 ] }, { "date": "2024-05-24", "close": 4.758012, "volume": 819247, "typical_volume": 732319.15, "trend": 4.282145, "fair_value": 4.774856, "relative_strength": -7.191973, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 81.194022, "energy": 89.383451, "activity_lines": [ 4.66299, 4.525776, 4.378511, 4.317825 ] }, { "date": "2024-05-31", "close": 4.812973, "volume": 571052, "typical_volume": 711401.25, "trend": 4.292455, "fair_value": 4.776748, "relative_strength": -5.293011, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 79.240688, "energy": 91.199236, "activity_lines": [ 4.737342, 4.594644, 4.431396, 4.352072 ] }, { "date": "2024-06-07", "close": 4.718754, "volume": 626045, "typical_volume": 690870.35, "trend": 4.312668, "fair_value": 4.776911, "relative_strength": -7.772347, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.670366, "energy": 79.318278, "activity_lines": [ 4.747577, 4.636886, 4.471587, 4.379575 ] }, { "date": "2024-06-14", "close": 4.734457, "volume": 603977, "typical_volume": 681126.85, "trend": 4.330954, "fair_value": 4.777252, "relative_strength": -8.520557, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.551142, "energy": 68.312122, "activity_lines": [ 4.744926, 4.674059, 4.509244, 4.406788 ] }, { "date": "2024-06-21", "close": 4.72654, "volume": 576445, "typical_volume": 675370.05, "trend": 4.339542, "fair_value": 4.776605, "relative_strength": -8.727101, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 61.918894, "energy": 55.598435, "activity_lines": [ 4.740717, 4.700461, 4.542297, 4.432309 ] }, { "date": "2024-06-28", "close": 4.686955, "volume": 581862, "typical_volume": 670835.15, "trend": 4.344824, "fair_value": 4.775665, "relative_strength": -8.983971, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 57.837835, "energy": 47.1851, "activity_lines": [ 4.719652, 4.711601, 4.568416, 4.454723 ] }, { "date": "2024-07-05", "close": 4.805712, "volume": 365861, "typical_volume": 661879.85, "trend": 4.356547, "fair_value": 4.775213, "relative_strength": -7.886117, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 66.00014, "energy": 49.23142, "activity_lines": [ 4.742911, 4.737561, 4.603014, 4.484458 ] }, { "date": "2024-07-12", "close": 4.869049, "volume": 749984, "typical_volume": 669810.65, "trend": 4.366694, "fair_value": 4.775245, "relative_strength": -7.090567, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 68.77471, "energy": 51.87827, "activity_lines": [ 4.787766, 4.766249, 4.640292, 4.517522 ] }, { "date": "2024-07-19", "close": 4.796988, "volume": 484662, "typical_volume": 657927.05, "trend": 4.383697, "fair_value": 4.774227, "relative_strength": -6.142031, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 57.644978, "energy": 47.12513, "activity_lines": [ 4.798581, 4.774161, 4.667223, 4.545283 ] }, { "date": "2024-07-26", "close": 4.868823, "volume": 613880, "typical_volume": 650013.05, "trend": 4.410353, "fair_value": 4.773589, "relative_strength": -3.479357, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.1356, "energy": 51.558556, "activity_lines": [ 4.829173, 4.79429, 4.697966, 4.576582 ] }, { "date": "2024-08-02", "close": 4.90075, "volume": 406520, "typical_volume": 637133.5, "trend": 4.43582, "fair_value": 4.773, "relative_strength": -0.31133, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.979098, "energy": 53.411502, "activity_lines": [ 4.860921, 4.81664, 4.728776, 4.60822 ] }, { "date": "2024-08-09", "close": 4.84424, "volume": 853294, "typical_volume": 646773.1, "trend": 4.462908, "fair_value": 4.772244, "relative_strength": -1.000467, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 60.111922, "energy": 48.11592, "activity_lines": [ 4.85958, 4.82612, 4.750784, 4.63457 ] }, { "date": "2024-08-16", "close": 4.916713, "volume": 636674, "typical_volume": 649239.45, "trend": 4.497709, "fair_value": 4.77132, "relative_strength": -2.856603, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 68.444546, "energy": 61.176025, "activity_lines": [ 4.879827, 4.848209, 4.777059, 4.663848 ] }, { "date": "2024-08-23", "close": 4.868431, "volume": 1456178, "typical_volume": 694826.45, "trend": 4.529132, "fair_value": 4.770086, "relative_strength": -4.603975, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 57.73485, "energy": 45.169222, "activity_lines": [ 4.880803, 4.857919, 4.795718, 4.687765 ] }, { "date": "2024-08-30", "close": 4.84429, "volume": 1339404, "typical_volume": 731187.4, "trend": 4.555204, "fair_value": 4.768855, "relative_strength": -4.838411, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 55.464046, "energy": 39.936733, "activity_lines": [ 4.86897, 4.860805, 4.808996, 4.708098 ] }, { "date": "2024-09-06", "close": 4.747726, "volume": 2624476, "typical_volume": 831188.35, "trend": 4.577046, "fair_value": 4.766887, "relative_strength": -2.229098, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 40.328613, "energy": 27.861607, "activity_lines": [ 4.826583, 4.843992, 4.810404, 4.720519 ] }, { "date": "2024-09-13", "close": 4.491381, "volume": 2665345, "typical_volume": 924959.75, "trend": 4.590032, "fair_value": 4.764945, "relative_strength": -10.460558, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -10.087531, "energy": 15.574086, "activity_lines": [ 4.70895, 4.779466, 4.785335, 4.714992 ] }, { "date": "2024-09-20", "close": 4.424795, "volume": 1466889, "typical_volume": 962526.45, "trend": 4.599608, "fair_value": 4.761622, "relative_strength": -12.367439, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -37.727653, "energy": 39.206527, "activity_lines": [ 4.592646, 4.708549, 4.75312, 4.704332 ] }, { "date": "2024-09-27", "close": 4.358131, "volume": 1372935, "typical_volume": 983362.55, "trend": 4.606197, "fair_value": 4.758428, "relative_strength": -13.880883, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -41.935432, "energy": 58.611657, "activity_lines": [ 4.486915, 4.633589, 4.714662, 4.688753 ] }, { "date": "2024-10-04", "close": 4.24147, "volume": 1593099, "typical_volume": 1020391.45, "trend": 4.606093, "fair_value": 4.753731, "relative_strength": -16.125597, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -46.562396, "energy": 74.176704, "activity_lines": [ 4.376316, 4.545396, 4.666962, 4.665222 ] }, { "date": "2024-10-11", "close": 4.333132, "volume": 1653110, "typical_volume": 1062084.6, "trend": 4.611109, "fair_value": 4.7495, "relative_strength": -14.80612, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -40.272043, "energy": 72.903778, "activity_lines": [ 4.33646, 4.485276, 4.63004, 4.647611 ] }, { "date": "2024-10-18", "close": 4.291224, "volume": 1275374, "typical_volume": 1097300.7, "trend": 4.611127, "fair_value": 4.74476, "relative_strength": -15.839228, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -43.604092, "energy": 72.769484, "activity_lines": [ 4.310274, 4.427857, 4.591151, 4.626974 ] }, { "date": "2024-10-25", "close": 4.257567, "volume": 1737728, "typical_volume": 1152884.85, "trend": 4.610281, "fair_value": 4.739524, "relative_strength": -15.097021, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -71.838045, "energy": 80.037128, "activity_lines": [ 4.286213, 4.374373, 4.55154, 4.604163 ] }, { "date": "2024-11-01", "close": 4.265981, "volume": 992584, "typical_volume": 1172315.2, "trend": 4.611773, "fair_value": 4.734142, "relative_strength": -13.152977, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.960282, "energy": 63.478797, "activity_lines": [ 4.276105, 4.334403, 4.514927, 4.58195 ] }, { "date": "2024-11-08", "close": 4.232325, "volume": 1895371, "typical_volume": 1238261.5, "trend": 4.610085, "fair_value": 4.728304, "relative_strength": -17.307912, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -70.766518, "energy": 62.714335, "activity_lines": [ 4.260922, 4.299268, 4.47734, 4.55747 ] }, { "date": "2024-11-15", "close": 4.49414, "volume": 2000164, "typical_volume": 1309176.6, "trend": 4.616071, "fair_value": 4.723942, "relative_strength": -9.975793, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -51.502408, "energy": 41.310826, "activity_lines": [ 4.33362, 4.322862, 4.46704, 4.54999 ] }, { "date": "2024-11-22", "close": 4.502636, "volume": 1706844, "typical_volume": 1376225.75, "trend": 4.622082, "fair_value": 4.719676, "relative_strength": -10.803323, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -45.099013, "energy": 30.430838, "activity_lines": [ 4.398416, 4.352611, 4.458468, 4.542671 ] }, { "date": "2024-11-29", "close": 4.443167, "volume": 1319487, "typical_volume": 1404700.9, "trend": 4.621956, "fair_value": 4.715834, "relative_strength": -12.488897, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -38.223369, "energy": 26.121939, "activity_lines": [ 4.429295, 4.371343, 4.445675, 4.531128 ] }, { "date": "2024-12-06", "close": 4.621573, "volume": 1345592, "typical_volume": 1447747.4, "trend": 4.617653, "fair_value": 4.712815, "relative_strength": -9.306193, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -11.105165, "energy": 24.495774, "activity_lines": [ 4.50727, 4.422179, 4.451902, 4.531104 ] }, { "date": "2024-12-13", "close": 4.613078, "volume": 1360244, "typical_volume": 1485065.6, "trend": 4.6157, "fair_value": 4.709985, "relative_strength": -8.475221, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": 3.476229, "energy": 24.487519, "activity_lines": [ 4.558706, 4.46668, 4.458154, 4.530808 ] }, { "date": "2024-12-20", "close": 4.518758, "volume": 1656094, "typical_volume": 1547544.3, "trend": 4.607725, "fair_value": 4.70659, "relative_strength": -8.348892, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -5.718478, "energy": 20.382946, "activity_lines": [ 4.553319, 4.487275, 4.456642, 4.524554 ] }, { "date": "2024-12-27", "close": 4.433013, "volume": 786998, "typical_volume": 1544229.5, "trend": 4.59506, "fair_value": 4.701591, "relative_strength": -10.4192, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -11.976518, "energy": 17.932645, "activity_lines": [ 4.51771, 4.488906, 4.448783, 4.513282 ] }, { "date": "2025-01-03", "close": 4.535907, "volume": 1428286, "typical_volume": 1583810.1, "trend": 4.588965, "fair_value": 4.697252, "relative_strength": -7.590206, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -7.434471, "energy": 10.284596, "activity_lines": [ 4.521039, 4.506667, 4.452681, 4.509466 ] }, { "date": "2025-01-10", "close": 4.65595, "volume": 1131476, "typical_volume": 1567575.0, "trend": 4.586348, "fair_value": 4.694132, "relative_strength": -3.149446, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 7.570595, "energy": 10.836451, "activity_lines": [ 4.558201, 4.541192, 4.469825, 4.513788 ] }, { "date": "2025-01-17", "close": 4.74225, "volume": 1192095, "typical_volume": 1560209.55, "trend": 4.586872, "fair_value": 4.691117, "relative_strength": -4.132103, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 33.26191, "energy": 32.489904, "activity_lines": [ 4.621837, 4.584319, 4.4962, 4.523846 ] }, { "date": "2025-01-24", "close": 4.802826, "volume": 806824, "typical_volume": 1469326.95, "trend": 4.590734, "fair_value": 4.68853, "relative_strength": -4.509621, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 36.841412, "energy": 54.610906, "activity_lines": [ 4.697054, 4.629188, 4.52883, 4.537778 ] }, { "date": "2025-01-31", "close": 4.74225, "volume": 1144177, "typical_volume": 1393268.55, "trend": 4.588619, "fair_value": 4.685392, "relative_strength": -4.652391, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 35.125901, "energy": 56.819814, "activity_lines": [ 4.733141, 4.65743, 4.555429, 4.547553 ] }, { "date": "2025-02-07", "close": 4.716289, "volume": 828769, "typical_volume": 1361362.55, "trend": 4.583527, "fair_value": 4.682128, "relative_strength": -4.915797, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 34.882148, "energy": 54.895235, "activity_lines": [ 4.739958, 4.676596, 4.57836, 4.55579 ] }, { "date": "2025-02-14", "close": 4.672619, "volume": 1353927, "typical_volume": 1360412.15, "trend": 4.579381, "fair_value": 4.678666, "relative_strength": -7.034561, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 31.94564, "energy": 44.015543, "activity_lines": [ 4.720194, 4.682856, 4.595744, 4.561538 ] }, { "date": "2025-02-21", "close": 4.690087, "volume": 1066563, "typical_volume": 1334085.35, "trend": 4.573423, "fair_value": 4.67544, "relative_strength": -5.072883, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 27.041657, "energy": 25.725438, "activity_lines": [ 4.70514, 4.691364, 4.613295, 4.56868 ] }, { "date": "2025-02-28", "close": 4.672619, "volume": 922311, "typical_volume": 1297545.4, "trend": 4.565819, "fair_value": 4.672348, "relative_strength": -4.430985, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 40.935612, "energy": 25.881965, "activity_lines": [ 4.687742, 4.695296, 4.627045, 4.57508 ] }, { "date": "2025-03-07", "close": 4.585281, "volume": 1218606, "typical_volume": 1294707.0, "trend": 4.557187, "fair_value": 4.672185, "relative_strength": -3.144394, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 34.97039, "energy": 19.207365, "activity_lines": [ 4.649911, 4.68055, 4.630861, 4.576336 ] }, { "date": "2025-03-14", "close": 4.620216, "volume": 908370, "typical_volume": 1253239.1, "trend": 4.547304, "fair_value": 4.671081, "relative_strength": -0.115828, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 31.158207, "energy": 18.392124, "activity_lines": [ 4.63419, 4.669388, 4.636604, 4.580402 ] }, { "date": "2025-03-21", "close": 4.664051, "volume": 756597, "typical_volume": 1241439.75, "trend": 4.540491, "fair_value": 4.670102, "relative_strength": 0.336684, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 30.685418, "energy": 18.529945, "activity_lines": [ 4.639486, 4.664663, 4.644795, 4.587934 ] }, { "date": "2025-03-28", "close": 4.72136, "volume": 1099741, "typical_volume": 1201658.25, "trend": 4.536393, "fair_value": 4.670556, "relative_strength": 3.041145, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 43.462593, "energy": 20.53388, "activity_lines": [ 4.664456, 4.67021, 4.656548, 4.599603 ] }, { "date": "2025-04-04", "close": 4.364282, "volume": 1891796, "typical_volume": 1196239.85, "trend": 4.523612, "fair_value": 4.668514, "relative_strength": 4.649433, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -13.010956, "energy": 15.875402, "activity_lines": [ 4.568314, 4.611214, 4.631965, 4.588499 ] }, { "date": "2025-04-11", "close": 4.637601, "volume": 2038520, "typical_volume": 1212823.65, "trend": 4.528486, "fair_value": 4.668846, "relative_strength": 5.186408, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 15.733979, "energy": 12.671982, "activity_lines": [ 4.583835, 4.609886, 4.634031, 4.595853 ] }, { "date": "2025-04-18", "close": 4.662984, "volume": 759591, "typical_volume": 1184828.85, "trend": 4.536426, "fair_value": 4.669341, "relative_strength": 7.266487, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 21.44207, "energy": 12.76458, "activity_lines": [ 4.604329, 4.615076, 4.637871, 4.604531 ] }, { "date": "2025-04-25", "close": 4.716377, "volume": 891855, "typical_volume": 1162142.0, "trend": 4.548367, "fair_value": 4.670365, "relative_strength": 3.731918, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 39.877993, "energy": 18.047736, "activity_lines": [ 4.63977, 4.630943, 4.64575, 4.61614 ] }, { "date": "2025-05-02", "close": 4.680782, "volume": 776819, "typical_volume": 1132970.75, "trend": 4.563011, "fair_value": 4.670849, "relative_strength": 0.148989, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 40.313587, "energy": 23.534044, "activity_lines": [ 4.659857, 4.639542, 4.649787, 4.624683 ] }, { "date": "2025-05-09", "close": 4.716377, "volume": 840723, "typical_volume": 1092202.2, "trend": 4.575786, "fair_value": 4.671623, "relative_strength": 1.551603, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 42.833097, "energy": 29.087829, "activity_lines": [ 4.694514, 4.654782, 4.656892, 4.634578 ] }, { "date": "2025-05-16", "close": 4.769028, "volume": 1194023, "typical_volume": 1112553.45, "trend": 4.591712, "fair_value": 4.672798, "relative_strength": -2.267179, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 59.595075, "energy": 44.29847, "activity_lines": [ 4.723249, 4.6788, 4.668071, 4.647045 ] }, { "date": "2025-05-23", "close": 4.840878, "volume": 900658, "typical_volume": 1086172.05, "trend": 4.611156, "fair_value": 4.673679, "relative_strength": 1.967398, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 66.021189, "energy": 54.809557, "activity_lines": [ 4.767172, 4.71254, 4.684492, 4.66312 ] }, { "date": "2025-05-30", "close": 4.912728, "volume": 958022, "typical_volume": 1077499.35, "trend": 4.632714, "fair_value": 4.675188, "relative_strength": 1.892724, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 71.277295, "energy": 63.925758, "activity_lines": [ 4.823185, 4.755332, 4.706303, 4.682577 ] }, { "date": "2025-06-06", "close": 4.984578, "volume": 1002956, "typical_volume": 1068042.4, "trend": 4.65779, "fair_value": 4.677577, "relative_strength": 1.851168, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 75.418816, "energy": 71.743596, "activity_lines": [ 4.890058, 4.806667, 4.733735, 4.705278 ] }, { "date": "2025-06-13", "close": 5.128277, "volume": 1141798, "typical_volume": 1084791.1, "trend": 4.678927, "fair_value": 4.683374, "relative_strength": 5.223287, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 82.120521, "energy": 79.722795, "activity_lines": [ 4.984578, 4.879342, 4.773699, 4.735632 ] }, { "date": "2025-06-20", "close": 5.137338, "volume": 579269, "typical_volume": 1056545.7, "trend": 4.700084, "fair_value": 4.686568, "relative_strength": 5.61439, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 76.948867, "energy": 80.999157, "activity_lines": [ 5.054658, 4.939774, 4.812975, 4.765206 ] }, { "date": "2025-06-27", "close": 5.264186, "volume": 1068189, "typical_volume": 1068516.7, "trend": 4.727451, "fair_value": 4.690745, "relative_strength": 4.630266, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 81.485469, "energy": 85.16109, "activity_lines": [ 5.142466, 5.014184, 4.862451, 4.8016 ] }, { "date": "2025-07-04", "close": 5.33667, "volume": 640428, "typical_volume": 1032841.75, "trend": 4.751288, "fair_value": 4.694456, "relative_strength": 4.360221, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 83.247322, "energy": 92.19411, "activity_lines": [ 5.226216, 5.090841, 4.916222, 4.840905 ] }, { "date": "2025-07-11", "close": 5.418215, "volume": 1358659, "typical_volume": 1047446.55, "trend": 4.778126, "fair_value": 4.698442, "relative_strength": 6.275729, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 85.956183, "energy": 94.215946, "activity_lines": [ 5.308884, 5.171047, 4.974596, 4.883932 ] }, { "date": "2025-07-18", "close": 5.618069, "volume": 1200329, "typical_volume": 1061347.45, "trend": 4.81477, "fair_value": 4.70188, "relative_strength": 9.473258, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 93.147717, "energy": 97.111642, "activity_lines": [ 5.429262, 5.274181, 5.048537, 4.938122 ] }, { "date": "2025-07-25", "close": 5.627204, "volume": 999164, "typical_volume": 1050375.35, "trend": 4.854576, "fair_value": 4.705589, "relative_strength": 8.06904, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 86.618812, "energy": 95.031067, "activity_lines": [ 5.520031, 5.362583, 5.118845, 4.990537 ] }, { "date": "2025-08-01", "close": 5.481043, "volume": 1142175, "typical_volume": 1062065.6, "trend": 4.886081, "fair_value": 4.707851, "relative_strength": 7.991712, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 68.3384, "energy": 88.030045, "activity_lines": [ 5.529423, 5.408806, 5.170272, 5.030954 ] }, { "date": "2025-08-08", "close": 5.508448, "volume": 749081, "typical_volume": 1061689.8, "trend": 4.914497, "fair_value": 4.709693, "relative_strength": 6.037398, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.779036, "energy": 75.196215, "activity_lines": [ 5.533492, 5.448373, 5.22021, 5.071107 ] }, { "date": "2025-08-15", "close": 5.572394, "volume": 952728, "typical_volume": 1054339.15, "trend": 4.942169, "fair_value": 4.712291, "relative_strength": 6.30495, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 70.336906, "energy": 67.389887, "activity_lines": [ 5.547425, 5.488735, 5.272217, 5.113552 ] }, { "date": "2025-08-22", "close": 5.535551, "volume": 1240963, "typical_volume": 1021797.5, "trend": 4.966593, "fair_value": 4.714482, "relative_strength": 5.343363, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 62.973572, "energy": 61.223042, "activity_lines": [ 5.538798, 5.511711, 5.316662, 5.151835 ] }, { "date": "2025-08-29", "close": 5.452656, "volume": 1136115, "typical_volume": 976677.25, "trend": 4.990273, "fair_value": 4.715841, "relative_strength": 3.868439, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 50.873167, "energy": 51.865861, "activity_lines": [ 5.50804, 5.51221, 5.347636, 5.183194 ] }, { "date": "2025-09-05", "close": 5.50792, "volume": 669045, "typical_volume": 972149.95, "trend": 5.016661, "fair_value": 4.717598, "relative_strength": 4.661508, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 48.135165, "energy": 46.936802, "activity_lines": [ 5.507341, 5.517024, 5.379991, 5.21659 ] }, { "date": "2025-09-12", "close": 5.572394, "volume": 717033, "typical_volume": 963408.85, "trend": 5.046653, "fair_value": 4.720281, "relative_strength": 4.153669, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 55.362077, "energy": 47.886819, "activity_lines": [ 5.526341, 5.529128, 5.414463, 5.252444 ] }, { "date": "2025-09-19", "close": 5.566752, "volume": 1012521, "typical_volume": 975193.95, "trend": 5.075875, "fair_value": 4.726977, "relative_strength": 2.656052, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 62.023543, "energy": 47.244027, "activity_lines": [ 5.539197, 5.535922, 5.444322, 5.285999 ] }, { "date": "2025-09-26", "close": 5.638275, "volume": 935705, "typical_volume": 979943.05, "trend": 5.108064, "fair_value": 4.7334, "relative_strength": 4.074187, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 68.900158, "energy": 53.795842, "activity_lines": [ 5.576271, 5.553018, 5.476773, 5.322283 ] }, { "date": "2025-10-03", "close": 5.636417, "volume": 613688, "typical_volume": 950926.3, "trend": 5.143102, "fair_value": 4.739983, "relative_strength": 2.66659, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.26289, "energy": 54.223085, "activity_lines": [ 5.605877, 5.56941, 5.504658, 5.35637 ] }, { "date": "2025-10-10", "close": 5.545387, "volume": 1178516, "typical_volume": 964819.2, "trend": 5.173941, "fair_value": 4.746413, "relative_strength": 3.288766, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 59.517136, "energy": 47.513328, "activity_lines": [ 5.592888, 5.569083, 5.519742, 5.382324 ] }, { "date": "2025-10-17", "close": 5.52681, "volume": 1259383, "typical_volume": 979887.25, "trend": 5.202699, "fair_value": 4.752464, "relative_strength": 0.971041, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 56.950781, "energy": 41.864149, "activity_lines": [ 5.57121, 5.564209, 5.529703, 5.40509 ] }, { "date": "2025-10-24", "close": 5.657955, "volume": 1255994, "typical_volume": 992539.15, "trend": 5.233919, "fair_value": 4.758661, "relative_strength": 1.188658, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 64.309813, "energy": 41.571426, "activity_lines": [ 5.596286, 5.582845, 5.549229, 5.434461 ] }, { "date": "2025-10-31", "close": 5.648587, "volume": 767087, "typical_volume": 973803.6, "trend": 5.276729, "fair_value": 4.765709, "relative_strength": 0.140604, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 60.888717, "energy": 39.638271, "activity_lines": [ 5.612158, 5.598222, 5.564656, 5.461214 ] }, { "date": "2025-11-07", "close": 5.67669, "volume": 768034, "typical_volume": 983241.85, "trend": 5.311366, "fair_value": 4.772547, "relative_strength": 1.994002, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 62.818029, "energy": 42.796942, "activity_lines": [ 5.636711, 5.616654, 5.580283, 5.487018 ] }, { "date": "2025-11-14", "close": 5.685519, "volume": 1411639, "typical_volume": 1000414.35, "trend": 5.34545, "fair_value": 4.778785, "relative_strength": 1.842328, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 61.53191, "energy": 44.863222, "activity_lines": [ 5.661522, 5.632618, 5.594182, 5.511157 ] }, { "date": "2025-11-21", "close": 5.458853, "volume": 1968845, "typical_volume": 1066835.2, "trend": 5.370199, "fair_value": 4.781953, "relative_strength": -0.449149, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 30.97962, "energy": 21.119403, "activity_lines": [ 5.601436, 5.60414, 5.584487, 5.518473 ] }, { "date": "2025-11-28", "close": 5.704407, "volume": 804029, "typical_volume": 1039103.7, "trend": 5.40432, "fair_value": 4.78617, "relative_strength": 0.116171, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 58.724465, "energy": 30.539199, "activity_lines": [ 5.627731, 5.622373, 5.597596, 5.540035 ] }, { "date": "2025-12-05", "close": 5.694963, "volume": 758631, "typical_volume": 1017018.8, "trend": 5.43694, "fair_value": 4.791158, "relative_strength": -0.524738, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 55.296732, "energy": 28.806603, "activity_lines": [ 5.647782, 5.636387, 5.608444, 5.558786 ] }, { "date": "2025-12-12", "close": 5.694963, "volume": 815109, "typical_volume": 1007816.05, "trend": 5.467804, "fair_value": 4.795487, "relative_strength": -0.09536, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 52.92646, "energy": 27.193771, "activity_lines": [ 5.664741, 5.649369, 5.618925, 5.575432 ] }, { "date": "2025-12-19", "close": 5.790197, "volume": 916750, "typical_volume": 996544.8, "trend": 5.499448, "fair_value": 4.800073, "relative_strength": 1.272989, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.81957, "energy": 45.850505, "activity_lines": [ 5.712226, 5.678603, 5.638153, 5.596232 ] }, { "date": "2025-12-26", "close": 5.761626, "volume": 531098, "typical_volume": 985645.65, "trend": 5.527745, "fair_value": 4.803949, "relative_strength": -0.829315, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 57.254207, "energy": 48.151175, "activity_lines": [ 5.743209, 5.69819, 5.653188, 5.613147 ] }, { "date": "2026-01-02", "close": 5.77115, "volume": 594523, "typical_volume": 967735.4, "trend": 5.553964, "fair_value": 4.806741, "relative_strength": 0.213592, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 59.461878, "energy": 48.329328, "activity_lines": [ 5.757182, 5.71524, 5.667925, 5.62885 ] }, { "date": "2026-01-09", "close": 5.818767, "volume": 710083, "typical_volume": 941191.4, "trend": 5.57698, "fair_value": 4.809926, "relative_strength": -0.60732, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.000302, "energy": 54.384461, "activity_lines": [ 5.782578, 5.738889, 5.68625, 5.645934 ] }, { "date": "2026-01-16", "close": 5.895502, "volume": 1092700, "typical_volume": 939020.65, "trend": 5.602252, "fair_value": 4.814223, "relative_strength": 0.940385, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 70.057405, "energy": 58.532526, "activity_lines": [ 5.825298, 5.773396, 5.710534, 5.666484 ] }, { "date": "2026-01-23", "close": 5.885901, "volume": 932097, "typical_volume": 952173.25, "trend": 5.622976, "fair_value": 4.81806, "relative_strength": 1.005353, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.081487, "energy": 60.904118, "activity_lines": [ 5.851449, 5.802179, 5.731796, 5.684784 ] }, { "date": "2026-01-30", "close": 5.741874, "volume": 862371, "typical_volume": 959440.15, "trend": 5.636483, "fair_value": 4.821683, "relative_strength": -1.929061, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 57.593642, "energy": 43.584969, "activity_lines": [ 5.823211, 5.801132, 5.73754, 5.692455 ] }, { "date": "2026-02-06", "close": 5.770679, "volume": 2011612, "typical_volume": 1009394.7, "trend": 5.648232, "fair_value": 4.826997, "relative_strength": -1.337124, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 52.468865, "energy": 31.576375, "activity_lines": [ 5.805891, 5.800177, 5.745221, 5.701113 ] }, { "date": "2026-02-13", "close": 5.886219, "volume": 896018, "typical_volume": 1007410.35, "trend": 5.65717, "fair_value": 4.833051, "relative_strength": 1.74425, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 59.477891, "energy": 32.338408, "activity_lines": [ 5.827116, 5.819023, 5.762935, 5.716467 ] }, { "date": "2026-02-20", "close": 5.8959, "volume": 881230, "typical_volume": 1020787.45, "trend": 5.666127, "fair_value": 4.83997, "relative_strength": 0.62976, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.814457, "energy": 35.390302, "activity_lines": [ 5.847071, 5.836153, 5.78039, 5.731869 ] }, { "date": "2026-02-27", "close": 5.905581, "volume": 760823, "typical_volume": 999902.8, "trend": 5.680278, "fair_value": 4.846796, "relative_strength": 1.151026, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.046655, "energy": 50.785753, "activity_lines": [ 5.870226, 5.851389, 5.797531, 5.747317 ] }, { "date": "2026-03-06", "close": 5.857175, "volume": 990062, "typical_volume": 986436.75, "trend": 5.691902, "fair_value": 4.853199, "relative_strength": 2.201054, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 55.873723, "energy": 53.20234, "activity_lines": [ 5.875934, 5.855726, 5.808347, 5.75873 ] }, { "date": "2026-03-13", "close": 5.675167, "volume": 1454359, "typical_volume": 996355.0, "trend": 5.695328, "fair_value": 4.858126, "relative_strength": 0.474095, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 23.340694, "energy": 15.988161, "activity_lines": [ 5.813286, 5.825234, 5.800256, 5.75765 ] }, { "date": "2026-03-20", "close": 5.661936, "volume": 1036596, "typical_volume": 1009830.45, "trend": 5.699541, "fair_value": 4.862967, "relative_strength": 1.993781, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 12.167044, "energy": 11.87924, "activity_lines": [ 5.752596, 5.794081, 5.790822, 5.755496 ] }, { "date": "2026-03-27", "close": 5.759555, "volume": 1059288, "typical_volume": 1024393.15, "trend": 5.709771, "fair_value": 4.867761, "relative_strength": 6.005125, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 12.196607, "energy": 16.000667, "activity_lines": [ 5.739397, 5.783529, 5.790623, 5.759368 ] }, { "date": "2026-04-03", "close": 5.827889, "volume": 749493, "typical_volume": 991285.85, "trend": 5.720436, "fair_value": 4.872138, "relative_strength": 3.672315, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 17.602746, "energy": 16.22194, "activity_lines": [ 5.758065, 5.787872, 5.796536, 5.766988 ] }, { "date": "2026-04-10", "close": 5.954794, "volume": 599081, "typical_volume": 922797.65, "trend": 5.733183, "fair_value": 4.878637, "relative_strength": 2.250715, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 55.300768, "energy": 23.211586, "activity_lines": [ 5.824215, 5.816345, 5.813858, 5.782108 ] }, { "date": "2026-04-17", "close": 5.974561, "volume": 1025246, "typical_volume": 933858.5, "trend": 5.746777, "fair_value": 4.885126, "relative_strength": -1.721538, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 58.626967, "energy": 45.49345, "activity_lines": [ 5.890446, 5.844539, 5.830701, 5.797681 ] }, { "date": "2026-04-24", "close": 6.063146, "volume": 1281912, "typical_volume": 960022.55, "trend": 5.760939, "fair_value": 4.892455, "relative_strength": -0.757087, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.499921, "energy": 60.339233, "activity_lines": [ 5.966246, 5.885134, 5.854694, 5.818092 ] }, { "date": "2026-05-01", "close": 6.072988, "volume": 639503, "typical_volume": 951242.25, "trend": 5.775491, "fair_value": 4.900214, "relative_strength": -1.537813, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.234318, "energy": 68.142867, "activity_lines": [ 6.018579, 5.9243, 5.877871, 5.838224 ] }, { "date": "2026-05-08", "close": 6.151731, "volume": 900042, "typical_volume": 950406.85, "trend": 5.795703, "fair_value": 4.908156, "relative_strength": -2.530979, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 74.208838, "energy": 75.40542, "activity_lines": [ 6.076264, 5.974564, 5.906747, 5.862498 ] }, { "date": "2026-05-15", "close": 6.14126, "volume": 989190, "typical_volume": 973311.45, "trend": 5.816185, "fair_value": 4.916122, "relative_strength": -2.942432, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 69.066294, "energy": 73.144197, "activity_lines": [ 6.108869, 6.018449, 5.932904, 5.884792 ] }, { "date": "2026-05-22", "close": 6.190866, "volume": 980938, "typical_volume": 992632.2, "trend": 5.833948, "fair_value": 4.925089, "relative_strength": -2.974234, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 70.529525, "energy": 70.91862, "activity_lines": [ 6.145579, 6.066188, 5.961978, 5.908965 ] }, { "date": "2026-05-29", "close": 6.22063, "volume": 669357, "typical_volume": 990595.9, "trend": 5.853016, "fair_value": 4.933701, "relative_strength": -3.85989, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 70.32963, "energy": 67.906066, "activity_lines": [ 6.17779, 6.109962, 5.991888, 5.933912 ] }, { "date": "2026-06-05", "close": 6.180945, "volume": 721847, "typical_volume": 972053.25, "trend": 5.869825, "fair_value": 4.941511, "relative_strength": -2.013802, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 62.71635, "energy": 53.664292, "activity_lines": [ 6.186273, 6.136363, 6.016105, 5.955069 ] }, { "date": "2026-06-12", "close": 6.261458, "volume": 1455919, "typical_volume": 998244.35, "trend": 5.889023, "fair_value": 4.95066, "relative_strength": -1.244606, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 70.266094, "energy": 60.57764, "activity_lines": [ 6.214397, 6.16974, 6.046631, 5.980335 ] }, { "date": "2026-06-19", "close": 6.261536, "volume": 731136, "typical_volume": 991682.6, "trend": 5.915779, "fair_value": 4.959121, "relative_strength": -2.07471, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.80099, "energy": 62.992133, "activity_lines": [ 6.235232, 6.195249, 6.075375, 6.004368 ] }, { "date": "2026-06-26", "close": 6.400461, "volume": 1615629, "typical_volume": 971883.45, "trend": 5.938981, "fair_value": 4.969024, "relative_strength": 2.506592, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 77.81855, "energy": 66.865568, "activity_lines": [ 6.294356, 6.24044, 6.114876, 6.035638 ] }, { "date": "2026-07-03", "close": 6.549309, "volume": 978392, "typical_volume": 976002.15, "trend": 5.967459, "fair_value": 4.978917, "relative_strength": 2.628617, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 85.446062, "energy": 84.473213, "activity_lines": [ 6.389124, 6.30495, 6.165554, 6.075014 ] }, { "date": "2026-07-10", "close": 6.797389, "volume": 1855938, "typical_volume": 1024737.55, "trend": 6.004206, "fair_value": 4.990721, "relative_strength": 5.02946, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 90.579952, "energy": 91.837328, "activity_lines": [ 6.544673, 6.405726, 6.236702, 6.128558 ] }, { "date": "2026-07-17", "close": 6.46, "volume": 1517421, "typical_volume": 1062567.45, "trend": 6.026533, "fair_value": 4.9999, "relative_strength": 1.464032, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.696975, "energy": 69.031085, "activity_lines": [ 6.546663, 6.431989, 6.271424, 6.157964 ] }, { "date": "2026-07-24", "close": 6.43, "volume": 1322037, "typical_volume": 1079166.2, "trend": 6.048812, "fair_value": 5.00861, "relative_strength": 1.640853, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.366262, "energy": 56.617568, "activity_lines": [ 6.525416, 6.447191, 6.300648, 6.183994 ] }, { "date": "2026-07-31", "close": 6.35, "volume": 933981, "typical_volume": 1053147.3, "trend": 6.068107, "fair_value": 5.017454, "relative_strength": -0.619898, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 58.178725, "energy": 45.103737, "activity_lines": [ 6.466272, 6.442599, 6.319526, 6.203426 ] }, { "date": "2026-08-07", "close": 6.24, "volume": 1010821, "typical_volume": 1051858.55, "trend": 6.082148, "fair_value": 5.025339, "relative_strength": -5.511631, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 38.117567, "energy": 21.16235, "activity_lines": [ 6.373826, 6.415113, 6.324715, 6.214516 ] } ], "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." } } }