{ "ticker": { "uuid": "53eab921-59cb-416e-846e-a7be11dcb033", "symbol": "V3NA", "name": "Vanguard ESG North America All Cap UCITS ETF USD Accumulation", "exchange": "MIL", "country": "IT", "assetType": "etf" }, "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.", "analysis": { "eligible": true, "as_of": "2026-08-07", "benchmark": "FTSEMIB.MI", "stage": 2, "stage_name": "Advancing", "phase": "2b", "phase_label": "Stage 2B \u00b7 Advancing", "transition": "stage_2_healthy", "transition_label": "Stage 2 trend intact", "confidence": 96.0, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Established expansion", "architecture_gate": "up", "architecture_direction": 84.817, "architecture_energy": 67.119, "architecture_maturity": 88.395, "architecture_confidence": 65.516, "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": 25.43, "rotation_up": 52.91, "upward_expansion": 83.0, "deceleration": 71.4, "rotation_down": 29.4, "downward_expansion": 12.0 }, "activity_lines": [ 7.864133, 7.836164, 7.715224, 7.519331 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.5 }, "latest_close": 8.051, "trend_reference": 7.294067, "distance_from_trend": 0.103774, "trend_direction": "Improving", "fair_value": 6.241792, "distance_from_fair_value": 0.289854, "fair_value_direction": "Improving", "relative_strength": -2.684635, "relative_strength_direction": "Weakening", "price_momentum": 0.17259, "excess_performance": 0.001698, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.103774, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.040399, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.289854, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.043678, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.026846, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.000664, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.17259, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 2.224967, "read": "Demand-led" } ], "volume": { "latest": 31887, "relative_activity": 0.823757, "balance": 2.224967, "dry_up": 0.619632, "accumulation_observations": 2, "distribution_observations": 1 }, "risk": { "range_context": 0.019195, "annualized_volatility": 0.14448, "from_high_reference": -0.001488, "from_low_reference": 0.243398 }, "levels": { "trend_reference": 7.294067, "fair_value_reference": 6.241792, "structural_low": 6.475, "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 21, "median_return": 0.005629, "positive_rate": 0.666667, "directional_follow_through": 0.666667, "median_excess_return": -0.006173, "regime_survival": 0.857143, "best_return": 0.068569, "worst_return": -0.127218, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 6, "median_return": 0.031687, "positive_rate": 0.666667, "directional_follow_through": 0.666667, "median_excess_return": 0.002488, "regime_survival": 0.5, "best_return": 0.120343, "worst_return": -0.086669, "sufficient": true }, { "horizon": "Extended", "sample_count": 3, "median_return": 0.050243, "positive_rate": 1.0, "directional_follow_through": 1.0, "median_excess_return": -0.010899, "regime_survival": 0.0, "best_return": 0.064348, "worst_return": 0.023244, "sufficient": false }, { "horizon": "Full cycle", "sample_count": 2, "median_return": 0.109545, "positive_rate": 1.0, "directional_follow_through": 1.0, "median_excess_return": -0.087969, "regime_survival": 0.5, "best_return": 0.194479, "worst_return": 0.02461, "sufficient": false } ], "ledger": [ { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-05-03", "end": "2024-05-17", "tenure": "New", "return": 0.035416, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-05-24", "end": "2024-08-02", "tenure": "Developing", "return": -0.006812, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-08-09", "end": "2024-09-20", "tenure": "Developing", "return": 0.046696, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-09-27", "end": "2025-02-28", "tenure": "Established", "return": 0.098582, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-03-07", "end": "2025-04-11", "tenure": "Developing", "return": -0.120259, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-04-18", "end": "2025-06-06", "tenure": "Developing", "return": 0.148087, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-06-13", "end": "2025-07-18", "tenure": "Developing", "return": 0.041287, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-07-25", "end": "2025-08-29", "tenure": "Developing", "return": 0.025585, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-09-05", "end": "2026-02-06", "tenure": "Established", "return": 0.042198, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-02-13", "end": "2026-03-20", "tenure": "Developing", "return": -0.02317, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2026-03-27", "end": "2026-04-03", "tenure": "New", "return": 0.029398, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-04-10", "end": "2026-04-10", "tenure": "New", "return": 0.0, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2026-04-17", "end": "2026-05-08", "tenure": "New", "return": 0.039743, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-05-15", "end": "2026-08-07", "tenure": "Established", "return": 0.053934, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 4.6325, "volume": 7052, "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": 4.6325, "volume": 0, "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": 4.8615, "volume": 317, "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": 4.835, "volume": 500, "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": 4.8435, "volume": 2139, "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": 4.7895, "volume": 50, "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": 4.7265, "volume": 3177, "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": 4.7475, "volume": 1052, "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": 4.7475, "volume": 0, "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": 4.6135, "volume": 21184, "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": 4.6135, "volume": 0, "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": 4.7105, "volume": 2433, "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": 4.707, "volume": 4323, "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": 4.8175, "volume": 232, "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": 4.8175, "volume": 0, "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": 4.9225, "volume": 8974, "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": 4.9685, "volume": 5020, "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": 5.103, "volume": 2359, "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": 5.103, "volume": 0, "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": 5.103, "volume": 0, "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": 5.097, "volume": 120, "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": 5.097, "volume": 0, "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": 5.208, "volume": 13582, "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": 5.332, "volume": 2709, "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": 5.274, "volume": 2922, "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": 5.493, "volume": 150, "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": 5.504, "volume": 182, "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": 5.525, "volume": 5866, "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": 5.579, "volume": 723, "typical_volume": 3538.95, "trend": 4.973733, "fair_value": 4.644481, "relative_strength": 1.849375, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 88.384796, "energy": 93.460885, "activity_lines": [ 5.5178, 5.413127, 5.24189, 5.11586 ] }, { "date": "2024-03-08", "close": 5.533, "volume": 1908, "typical_volume": 2575.15, "trend": 4.997917, "fair_value": 4.655451, "relative_strength": -0.516371, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 68.63485, "energy": 87.807665, "activity_lines": [ 5.537133, 5.451636, 5.285088, 5.151942 ] }, { "date": "2024-03-15", "close": 5.518, "volume": 4745, "typical_volume": 2812.4, "trend": 5.027433, "fair_value": 4.66597, "relative_strength": -2.297588, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.274755, "energy": 68.425989, "activity_lines": [ 5.5342, 5.4796, 5.322479, 5.185496 ] }, { "date": "2024-03-22", "close": 5.69, "volume": 8789, "typical_volume": 3130.2, "trend": 5.062683, "fair_value": 4.678307, "relative_strength": -0.446019, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 91.151714, "energy": 76.573899, "activity_lines": [ 5.586933, 5.531182, 5.371943, 5.228242 ] }, { "date": "2024-03-29", "close": 5.667, "volume": 2073, "typical_volume": 3017.7, "trend": 5.089533, "fair_value": 4.690077, "relative_strength": -2.077491, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 80.738625, "energy": 72.718767, "activity_lines": [ 5.6196, 5.5678, 5.414552, 5.26723 ] }, { "date": "2024-04-05", "close": 5.617, "volume": 7782, "typical_volume": 3395.2, "trend": 5.1156, "fair_value": 4.700982, "relative_strength": -0.914727, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.360905, "energy": 66.613643, "activity_lines": [ 5.626133, 5.586982, 5.447829, 5.30126 ] }, { "date": "2024-04-12", "close": 5.617, "volume": 0, "typical_volume": 3395.2, "trend": 5.141383, "fair_value": 4.711634, "relative_strength": -0.329245, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 63.929735, "energy": 65.969986, "activity_lines": [ 5.630133, 5.600982, 5.477298, 5.333609 ] }, { "date": "2024-04-19", "close": 5.534, "volume": 11053, "typical_volume": 3499.15, "trend": 5.1662, "fair_value": 4.721086, "relative_strength": -2.331793, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 62.012738, "energy": 61.648493, "activity_lines": [ 5.600867, 5.593655, 5.495055, 5.358939 ] }, { "date": "2024-04-26", "close": 5.579, "volume": 2970, "typical_volume": 3396.65, "trend": 5.194617, "fair_value": 4.730835, "relative_strength": -2.506483, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 50.769168, "energy": 53.441378, "activity_lines": [ 5.585533, 5.593764, 5.514186, 5.385571 ] }, { "date": "2024-05-03", "close": 5.506, "volume": 294, "typical_volume": 3293.4, "trend": 5.2199, "fair_value": 4.739545, "relative_strength": -2.086891, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 45.058249, "energy": 41.779566, "activity_lines": [ 5.553267, 5.579236, 5.523457, 5.40566 ] }, { "date": "2024-05-10", "close": 5.663, "volume": 4312, "typical_volume": 3509.0, "trend": 5.250417, "fair_value": 4.749806, "relative_strength": -2.326668, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 63.772372, "energy": 49.490258, "activity_lines": [ 5.584067, 5.5936, 5.545762, 5.434247 ] }, { "date": "2024-05-17", "close": 5.701, "volume": 2466, "typical_volume": 3632.3, "trend": 5.286667, "fair_value": 4.760258, "relative_strength": -3.708436, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 78.581699, "energy": 61.36596, "activity_lines": [ 5.624467, 5.613345, 5.569019, 5.463317 ] }, { "date": "2024-05-24", "close": 5.725, "volume": 135864, "typical_volume": 10419.5, "trend": 5.323717, "fair_value": 4.770745, "relative_strength": -0.711711, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 78.641026, "energy": 67.17101, "activity_lines": [ 5.667267, 5.6344, 5.591714, 5.491597 ] }, { "date": "2024-05-31", "close": 5.725, "volume": 0, "typical_volume": 10419.5, "trend": 5.357533, "fair_value": 4.781005, "relative_strength": -0.695075, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 74.297864, "energy": 81.711583, "activity_lines": [ 5.697333, 5.651691, 5.611419, 5.517486 ] }, { "date": "2024-06-07", "close": 5.795, "volume": 661, "typical_volume": 9773.45, "trend": 5.3938, "fair_value": 4.791793, "relative_strength": 0.030906, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 82.015434, "energy": 87.321314, "activity_lines": [ 5.741, 5.681073, 5.6348, 5.54571 ] }, { "date": "2024-06-14", "close": 5.795, "volume": 0, "typical_volume": 9638.0, "trend": 5.426383, "fair_value": 4.802353, "relative_strength": 6.035853, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 77.872746, "energy": 87.697464, "activity_lines": [ 5.7654, 5.708127, 5.655386, 5.571594 ] }, { "date": "2024-06-21", "close": 5.945, "volume": 100, "typical_volume": 9496.9, "trend": 5.463967, "fair_value": 4.814255, "relative_strength": 6.598571, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 94.655894, "energy": 96.15814, "activity_lines": [ 5.831, 5.759218, 5.688052, 5.605053 ] }, { "date": "2024-06-28", "close": 5.971, "volume": 80, "typical_volume": 9493.4, "trend": 5.498917, "fair_value": 4.82618, "relative_strength": 7.389297, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 90.920746, "energy": 95.827925, "activity_lines": [ 5.889, 5.809073, 5.72, 5.637765 ] }, { "date": "2024-07-05", "close": 5.988, "volume": 451, "typical_volume": 9506.85, "trend": 5.5329, "fair_value": 4.838036, "relative_strength": 4.985707, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 87.251623, "energy": 95.3723, "activity_lines": [ 5.936267, 5.854073, 5.75129, 5.669318 ] }, { "date": "2024-07-12", "close": 6.069, "volume": 140, "typical_volume": 9220.55, "trend": 5.5651, "fair_value": 4.85047, "relative_strength": 4.459916, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 91.068799, "energy": 96.706697, "activity_lines": [ 5.993, 5.906364, 5.78799, 5.703905 ] }, { "date": "2024-07-19", "close": 5.95, "volume": 6948, "typical_volume": 9531.8, "trend": 5.593333, "fair_value": 4.861465, "relative_strength": 3.372634, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 68.484498, "energy": 87.299587, "activity_lines": [ 5.9918, 5.926782, 5.810767, 5.728738 ] }, { "date": "2024-07-26", "close": 5.921, "volume": 3360, "typical_volume": 9604.4, "trend": 5.6206, "fair_value": 4.871955, "relative_strength": 3.968027, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.75616, "energy": 67.280231, "activity_lines": [ 5.9706, 5.936709, 5.829014, 5.749877 ] }, { "date": "2024-08-02", "close": 5.686, "volume": 65668, "typical_volume": 12650.55, "trend": 5.640233, "fair_value": 4.879936, "relative_strength": 5.319447, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 30.655083, "energy": 37.553954, "activity_lines": [ 5.872667, 5.899909, 5.823033, 5.754097 ] }, { "date": "2024-08-09", "close": 5.675, "volume": 2400, "typical_volume": 12331.1, "trend": 5.6595, "fair_value": 4.887655, "relative_strength": 5.796581, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 8.682613, "energy": 27.460773, "activity_lines": [ 5.790067, 5.861818, 5.815205, 5.75634 ] }, { "date": "2024-08-16", "close": 5.675, "volume": 0, "typical_volume": 12227.45, "trend": 5.675067, "fair_value": 4.895226, "relative_strength": 1.708603, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -1.830321, "energy": 32.468949, "activity_lines": [ 5.728333, 5.824636, 5.807448, 5.75734 ] }, { "date": "2024-08-23", "close": 5.915, "volume": 1362, "typical_volume": 11906.45, "trend": 5.6945, "fair_value": 4.904938, "relative_strength": 3.954587, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 34.592145, "energy": 35.423347, "activity_lines": [ 5.772867, 5.833273, 5.82251, 5.772819 ] }, { "date": "2024-08-30", "close": 5.938, "volume": 7925, "typical_volume": 12302.7, "trend": 5.716633, "fair_value": 4.914684, "relative_strength": 2.128116, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 46.842992, "energy": 25.082269, "activity_lines": [ 5.8274, 5.843909, 5.838343, 5.788529 ] }, { "date": "2024-09-06", "close": 5.847, "volume": 47059, "typical_volume": 14103.0, "trend": 5.728433, "fair_value": 4.923397, "relative_strength": 3.779753, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 33.305154, "energy": 23.703239, "activity_lines": [ 5.850467, 5.838127, 5.843981, 5.79694 ] }, { "date": "2024-09-13", "close": 5.781, "volume": 4394, "typical_volume": 14174.2, "trend": 5.737667, "fair_value": 4.931338, "relative_strength": 1.708502, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 28.891155, "energy": 25.391666, "activity_lines": [ 5.8408, 5.8226, 5.841843, 5.800331 ] }, { "date": "2024-09-20", "close": 5.94, "volume": 96, "typical_volume": 14164.3, "trend": 5.7515, "fair_value": 4.940592, "relative_strength": 3.80715, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 50.510077, "energy": 34.151858, "activity_lines": [ 5.877067, 5.839745, 5.853886, 5.813385 ] }, { "date": "2024-09-27", "close": 6.066, "volume": 8571, "typical_volume": 14377.25, "trend": 5.767733, "fair_value": 4.950823, "relative_strength": 2.977725, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 74.367976, "energy": 58.06485, "activity_lines": [ 5.937667, 5.882145, 5.875862, 5.833675 ] }, { "date": "2024-10-04", "close": 6.107, "volume": 15331, "typical_volume": 15020.5, "trend": 5.786867, "fair_value": 4.961239, "relative_strength": 7.035792, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 76.614601, "energy": 72.858566, "activity_lines": [ 6.001867, 5.929891, 5.899824, 5.855563 ] }, { "date": "2024-10-11", "close": 6.193, "volume": 1841, "typical_volume": 8319.35, "trend": 5.809367, "fair_value": 4.972237, "relative_strength": 6.135355, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 81.485165, "energy": 85.054439, "activity_lines": [ 6.083467, 5.989891, 5.930043, 5.881766 ] }, { "date": "2024-10-18", "close": 6.298, "volume": 18801, "typical_volume": 9259.4, "trend": 5.829633, "fair_value": 4.983969, "relative_strength": 5.065838, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 85.812437, "energy": 92.479117, "activity_lines": [ 6.177, 6.059764, 5.968033, 5.91329 ] }, { "date": "2024-10-25", "close": 6.344, "volume": 3263, "typical_volume": 9389.5, "trend": 5.8522, "fair_value": 4.995899, "relative_strength": 6.974446, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 85.255729, "energy": 93.796718, "activity_lines": [ 6.2514, 6.126673, 6.007676, 5.946475 ] }, { "date": "2024-11-01", "close": 6.241, "volume": 9167, "typical_volume": 9847.85, "trend": 5.873, "fair_value": 5.006726, "relative_strength": 5.354489, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 67.918515, "energy": 87.625126, "activity_lines": [ 6.264533, 6.162691, 6.034895, 5.971559 ] }, { "date": "2024-11-08", "close": 6.601, "volume": 7541, "typical_volume": 10219.9, "trend": 5.9058, "fair_value": 5.02047, "relative_strength": 13.8768, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 94.45658, "energy": 97.084132, "activity_lines": [ 6.386, 6.258236, 6.094276, 6.018527 ] }, { "date": "2024-11-15", "close": 6.584, "volume": 6330, "typical_volume": 10532.4, "trend": 5.9408, "fair_value": 5.033833, "relative_strength": 11.970442, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 86.065464, "energy": 93.349903, "activity_lines": [ 6.468867, 6.338636, 6.148914, 6.062282 ] }, { "date": "2024-11-22", "close": 6.779, "volume": 17850, "typical_volume": 11402.35, "trend": 5.9808, "fair_value": 5.048623, "relative_strength": 17.178529, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 93.457212, "energy": 97.201504, "activity_lines": [ 6.590667, 6.441091, 6.219205, 6.116359 ] }, { "date": "2024-11-29", "close": 6.764, "volume": 4621, "typical_volume": 11626.4, "trend": 6.022733, "fair_value": 5.063038, "relative_strength": 16.706086, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 83.725321, "energy": 94.059707, "activity_lines": [ 6.6754, 6.522673, 6.2843, 6.166888 ] }, { "date": "2024-12-06", "close": 6.863, "volume": 993, "typical_volume": 11328.65, "trend": 6.062733, "fair_value": 5.078037, "relative_strength": 13.436448, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 85.164351, "energy": 94.545041, "activity_lines": [ 6.765133, 6.607273, 6.355514, 6.221099 ] }, { "date": "2024-12-13", "close": 6.862, "volume": 5911, "typical_volume": 11456.2, "trend": 6.101433, "fair_value": 5.092781, "relative_strength": 12.611365, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 78.95865, "energy": 92.2647, "activity_lines": [ 6.813067, 6.6772, 6.422286, 6.272665 ] }, { "date": "2024-12-20", "close": 6.792, "volume": 627, "typical_volume": 8204.15, "trend": 6.137, "fair_value": 5.106709, "relative_strength": 14.752359, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 68.41184, "energy": 76.757832, "activity_lines": [ 6.820267, 6.720673, 6.47791, 6.317217 ] }, { "date": "2024-12-27", "close": 6.796, "volume": 1032, "typical_volume": 8135.75, "trend": 6.1727, "fair_value": 5.120443, "relative_strength": 13.109927, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.958057, "energy": 67.685161, "activity_lines": [ 6.814933, 6.753982, 6.528648, 6.359733 ] }, { "date": "2025-01-03", "close": 6.829, "volume": 5926, "typical_volume": 8432.05, "trend": 6.207167, "fair_value": 5.134222, "relative_strength": 13.364232, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.255836, "energy": 66.899899, "activity_lines": [ 6.819467, 6.784236, 6.57719, 6.402075 ] }, { "date": "2025-01-10", "close": 6.747, "volume": 1266, "typical_volume": 8427.25, "trend": 6.2389, "fair_value": 5.147124, "relative_strength": 8.636475, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.665509, "energy": 62.599232, "activity_lines": [ 6.792333, 6.790764, 6.612429, 6.436903 ] }, { "date": "2025-01-17", "close": 6.726, "volume": 989, "typical_volume": 8080.45, "trend": 6.264933, "fair_value": 5.159655, "relative_strength": 4.627517, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 51.943074, "energy": 55.785728, "activity_lines": [ 6.765933, 6.784273, 6.641705, 6.468329 ] }, { "date": "2025-01-24", "close": 6.92, "volume": 9009, "typical_volume": 6177.95, "trend": 6.296567, "fair_value": 5.173516, "relative_strength": 7.661872, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 78.905538, "energy": 65.363195, "activity_lines": [ 6.813267, 6.810782, 6.685705, 6.510591 ] }, { "date": "2025-01-31", "close": 6.907, "volume": 311, "typical_volume": 5973.8, "trend": 6.3272, "fair_value": 5.187059, "relative_strength": 6.457211, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 73.190622, "energy": 63.472716, "activity_lines": [ 6.847733, 6.828818, 6.723357, 6.549974 ] }, { "date": "2025-02-07", "close": 6.966, "volume": 5011, "typical_volume": 6219.55, "trend": 6.3571, "fair_value": 5.200849, "relative_strength": 5.541229, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 80.518612, "energy": 70.002328, "activity_lines": [ 6.894467, 6.855255, 6.761267, 6.591187 ] }, { "date": "2025-02-14", "close": 6.933, "volume": 180045, "typical_volume": 14793.25, "trend": 6.389867, "fair_value": 5.214173, "relative_strength": 2.390537, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.98222, "energy": 68.371589, "activity_lines": [ 6.921067, 6.872018, 6.791148, 6.628342 ] }, { "date": "2025-02-21", "close": 6.9, "volume": 21765, "typical_volume": 15114.95, "trend": 6.4225, "fair_value": 5.227042, "relative_strength": 0.612809, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.745372, "energy": 76.387437, "activity_lines": [ 6.924267, 6.881509, 6.813757, 6.661254 ] }, { "date": "2025-02-28", "close": 6.664, "volume": 211992, "typical_volume": 25622.5, "trend": 6.4551, "fair_value": 5.237928, "relative_strength": -3.447854, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 46.272027, "energy": 43.656977, "activity_lines": [ 6.8372, 6.8474, 6.810114, 6.676834 ] }, { "date": "2025-03-07", "close": 6.17, "volume": 107699, "typical_volume": 30067.4, "trend": 6.4716, "fair_value": 5.244936, "relative_strength": -10.405985, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "up", "direction": -23.391998, "energy": 34.130014, "activity_lines": [ 6.602533, 6.7258, 6.757181, 6.658441 ] }, { "date": "2025-03-14", "close": 6.051, "volume": 51797, "typical_volume": 32494.1, "trend": 6.484133, "fair_value": 5.250951, "relative_strength": -12.217741, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "mixed", "direction": -53.66723, "energy": 60.992044, "activity_lines": [ 6.377333, 6.593945, 6.693524, 6.631305 ] }, { "date": "2025-03-21", "close": 6.129, "volume": 33989, "typical_volume": 33735.2, "trend": 6.491267, "fair_value": 5.257456, "relative_strength": -11.871632, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -46.017791, "energy": 62.054752, "activity_lines": [ 6.239133, 6.490418, 6.63869, 6.608394 ] }, { "date": "2025-03-28", "close": 6.207, "volume": 15856, "typical_volume": 34150.95, "trend": 6.500233, "fair_value": 5.264437, "relative_strength": -10.03812, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -31.004756, "energy": 75.201362, "activity_lines": [ 6.180533, 6.412309, 6.591819, 6.590054 ] }, { "date": "2025-04-04", "close": 5.525, "volume": 204589, "typical_volume": 44063.9, "trend": 6.4895, "fair_value": 5.266339, "relative_strength": -10.415278, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "mixed", "direction": -69.179398, "energy": 88.73526, "activity_lines": [ 5.9408, 6.219636, 6.481871, 6.527135 ] }, { "date": "2025-04-11", "close": 5.428, "volume": 36725, "typical_volume": 45007.65, "trend": 6.477733, "fair_value": 5.267511, "relative_strength": -10.315563, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -91.428339, "energy": 94.932284, "activity_lines": [ 5.744667, 6.034691, 6.367729, 6.458652 ] }, { "date": "2025-04-18", "close": 5.436, "volume": 35087, "typical_volume": 46530.95, "trend": 6.460933, "fair_value": 5.268723, "relative_strength": -14.945286, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -82.403053, "energy": 84.176965, "activity_lines": [ 5.600667, 5.878091, 6.260781, 6.391443 ] }, { "date": "2025-04-25", "close": 5.635, "volume": 29093, "typical_volume": 47935.95, "trend": 6.446567, "fair_value": 5.271339, "relative_strength": -14.950488, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.914733, "energy": 78.226877, "activity_lines": [ 5.564, 5.785491, 6.17911, 6.338157 ] }, { "date": "2025-05-02", "close": 5.888, "volume": 36307, "typical_volume": 49455.75, "trend": 6.439267, "fair_value": 5.275713, "relative_strength": -13.309211, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.593514, "energy": 65.136063, "activity_lines": [ 5.6446, 5.762491, 6.127381, 6.30212 ] }, { "date": "2025-05-09", "close": 5.931, "volume": 59118, "typical_volume": 52380.3, "trend": 6.430533, "fair_value": 5.280327, "relative_strength": -14.869473, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.319411, "energy": 54.051625, "activity_lines": [ 5.7608, 5.765709, 6.084386, 6.269329 ] }, { "date": "2025-05-16", "close": 6.286, "volume": 26766, "typical_volume": 53667.0, "trend": 6.430133, "fair_value": 5.28736, "relative_strength": -12.5668, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -37.32257, "energy": 25.86817, "activity_lines": [ 5.968267, 5.8468, 6.0793, 6.260004 ] }, { "date": "2025-05-23", "close": 6.046, "volume": 40727, "typical_volume": 55407.05, "trend": 6.4202, "fair_value": 5.292628, "relative_strength": -13.268114, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -32.143182, "energy": 29.240329, "activity_lines": [ 6.038533, 5.882145, 6.053786, 6.235222 ] }, { "date": "2025-05-30", "close": 6.154, "volume": 66607, "typical_volume": 58674.1, "trend": 6.4173, "fair_value": 5.298569, "relative_strength": -12.948427, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -26.530744, "energy": 27.675611, "activity_lines": [ 6.104133, 5.937218, 6.042286, 6.218047 ] }, { "date": "2025-06-06", "close": 6.241, "volume": 51881, "typical_volume": 61218.7, "trend": 6.4053, "fair_value": 5.305024, "relative_strength": -12.709194, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -17.621972, "energy": 25.263695, "activity_lines": [ 6.164133, 6.007655, 6.041895, 6.206673 ] }, { "date": "2025-06-13", "close": 6.152, "volume": 19451, "typical_volume": 61740.8, "trend": 6.3909, "fair_value": 5.310786, "relative_strength": -11.208936, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -11.317789, "energy": 16.762658, "activity_lines": [ 6.170933, 6.061291, 6.035338, 6.190331 ] }, { "date": "2025-06-20", "close": 6.134, "volume": 24919, "typical_volume": 62971.2, "trend": 6.3694, "fair_value": 5.316348, "relative_strength": -10.783272, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -10.342925, "energy": 15.004542, "activity_lines": [ 6.157, 6.100255, 6.030724, 6.173757 ] }, { "date": "2025-06-27", "close": 6.254, "volume": 239120, "typical_volume": 74676.65, "trend": 6.3524, "fair_value": 5.322641, "relative_strength": -9.982944, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -2.337797, "energy": 12.553412, "activity_lines": [ 6.1932, 6.1482, 6.041219, 6.166312 ] }, { "date": "2025-07-04", "close": 6.291, "volume": 66318, "typical_volume": 68990.3, "trend": 6.333333, "fair_value": 5.329097, "relative_strength": -9.001921, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 3.297148, "energy": 17.50332, "activity_lines": [ 6.227867, 6.188, 6.058629, 6.162351 ] }, { "date": "2025-07-11", "close": 6.34, "volume": 50646, "typical_volume": 70434.35, "trend": 6.315933, "fair_value": 5.335791, "relative_strength": -9.163272, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 11.895372, "energy": 40.086836, "activity_lines": [ 6.269733, 6.224782, 6.083762, 6.162781 ] }, { "date": "2025-07-18", "close": 6.406, "volume": 83278, "typical_volume": 63998.65, "trend": 6.303067, "fair_value": 5.342832, "relative_strength": -8.599181, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 34.958991, "energy": 56.720548, "activity_lines": [ 6.327, 6.265345, 6.117848, 6.168591 ] }, { "date": "2025-07-25", "close": 6.449, "volume": 214635, "typical_volume": 69345.45, "trend": 6.2915, "fair_value": 5.350062, "relative_strength": -8.751826, "stage": 4, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 38.457205, "energy": 64.107435, "activity_lines": [ 6.381667, 6.305091, 6.157257, 6.178006 ] }, { "date": "2025-08-01", "close": 6.395, "volume": 202383, "typical_volume": 76874.75, "trend": 6.277033, "fair_value": 5.356847, "relative_strength": -7.563085, "stage": 4, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 37.209396, "energy": 61.579347, "activity_lines": [ 6.397333, 6.332055, 6.190195, 6.184684 ] }, { "date": "2025-08-08", "close": 6.493, "volume": 137052, "typical_volume": 82027.9, "trend": 6.268567, "fair_value": 5.364177, "relative_strength": -9.710597, "stage": 4, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 46.81579, "energy": 66.342549, "activity_lines": [ 6.436267, 6.370491, 6.230829, 6.198617 ] }, { "date": "2025-08-15", "close": 6.584, "volume": 7168, "typical_volume": 81593.5, "trend": 6.263833, "fair_value": 5.371997, "relative_strength": -10.482674, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 55.053234, "energy": 78.42087, "activity_lines": [ 6.492067, 6.419309, 6.278395, 6.218968 ] }, { "date": "2025-08-22", "close": 6.575, "volume": 67771, "typical_volume": 74752.6, "trend": 6.252333, "fair_value": 5.383304, "relative_strength": -11.723107, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 49.64319, "energy": 79.167408, "activity_lines": [ 6.5286, 6.460255, 6.32331, 6.239043 ] }, { "date": "2025-08-29", "close": 6.614, "volume": 42554, "typical_volume": 75044.05, "trend": 6.242567, "fair_value": 5.394862, "relative_strength": -8.69166, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 78.902556, "energy": 91.268524, "activity_lines": [ 6.566867, 6.5006, 6.366938, 6.262376 ] }, { "date": "2025-09-05", "close": 6.588, "volume": 40909, "typical_volume": 75335.15, "trend": 6.229967, "fair_value": 5.406253, "relative_strength": -7.586229, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 68.533488, "energy": 87.519782, "activity_lines": [ 6.585467, 6.527491, 6.402443, 6.284662 ] }, { "date": "2025-09-12", "close": 6.73, "volume": 74633, "typical_volume": 77612.15, "trend": 6.2232, "fair_value": 5.419413, "relative_strength": -7.572644, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 88.689283, "energy": 94.480643, "activity_lines": [ 6.638533, 6.574127, 6.445986, 6.316923 ] }, { "date": "2025-09-19", "close": 6.772, "volume": 61040, "typical_volume": 78848.8, "trend": 6.218933, "fair_value": 5.432843, "relative_strength": -6.270108, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 86.526771, "energy": 92.597358, "activity_lines": [ 6.6898, 6.620418, 6.488314, 6.352329 ] }, { "date": "2025-09-26", "close": 6.748, "volume": 61180, "typical_volume": 78951.9, "trend": 6.221733, "fair_value": 5.446119, "relative_strength": -7.16184, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 75.875961, "energy": 81.525323, "activity_lines": [ 6.720533, 6.654491, 6.524148, 6.386462 ] }, { "date": "2025-10-03", "close": 6.857, "volume": 48683, "typical_volume": 80047.75, "trend": 6.244633, "fair_value": 5.460093, "relative_strength": -6.752017, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 86.249881, "energy": 84.093864, "activity_lines": [ 6.776067, 6.702164, 6.566471, 6.427447 ] }, { "date": "2025-10-10", "close": 6.815, "volume": 72297, "typical_volume": 81626.25, "trend": 6.2701, "fair_value": 5.476615, "relative_strength": -4.456988, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 72.369214, "energy": 68.986029, "activity_lines": [ 6.8014, 6.734782, 6.602076, 6.464245 ] }, { "date": "2025-10-17", "close": 6.762, "volume": 84733, "typical_volume": 82532.55, "trend": 6.2912, "fair_value": 5.492266, "relative_strength": -4.357694, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.992497, "energy": 65.457752, "activity_lines": [ 6.793933, 6.750127, 6.628971, 6.495981 ] }, { "date": "2025-10-24", "close": 6.903, "volume": 12468, "typical_volume": 80561.9, "trend": 6.3144, "fair_value": 5.508205, "relative_strength": -3.82069, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 80.00253, "energy": 69.704207, "activity_lines": [ 6.831333, 6.786218, 6.6664, 6.535452 ] }, { "date": "2025-10-31", "close": 7.076, "volume": 35706, "typical_volume": 81374.65, "trend": 6.3661, "fair_value": 5.525253, "relative_strength": -2.803302, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 90.884473, "energy": 74.409038, "activity_lines": [ 6.917667, 6.847964, 6.717152, 6.584587 ] }, { "date": "2025-11-07", "close": 6.823, "volume": 56467, "typical_volume": 82952.05, "trend": 6.4126, "fair_value": 5.54091, "relative_strength": -5.326232, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.698173, "energy": 62.433456, "activity_lines": [ 6.8978, 6.8546, 6.73941, 6.614065 ] }, { "date": "2025-11-14", "close": 6.916, "volume": 82103, "typical_volume": 75101.2, "trend": 6.461933, "fair_value": 5.557449, "relative_strength": -6.004366, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.728125, "energy": 58.631289, "activity_lines": [ 6.9112, 6.874345, 6.767243, 6.646542 ] }, { "date": "2025-11-21", "close": 6.779, "volume": 40003, "typical_volume": 73785.45, "trend": 6.500067, "fair_value": 5.573109, "relative_strength": -4.510057, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 58.718892, "energy": 46.816617, "activity_lines": [ 6.8722, 6.863218, 6.778876, 6.666998 ] }, { "date": "2025-11-28", "close": 7.018, "volume": 51698, "typical_volume": 73838.05, "trend": 6.537733, "fair_value": 5.589817, "relative_strength": -2.270032, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 71.310501, "energy": 46.066335, "activity_lines": [ 6.911733, 6.894655, 6.810948, 6.700413 ] }, { "date": "2025-12-05", "close": 7.049, "volume": 45494, "typical_volume": 71948.85, "trend": 6.575, "fair_value": 5.606724, "relative_strength": -1.607962, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 71.842667, "energy": 50.105939, "activity_lines": [ 6.953933, 6.927255, 6.842743, 6.733398 ] }, { "date": "2025-12-12", "close": 6.938, "volume": 56078, "typical_volume": 64021.0, "trend": 6.596733, "fair_value": 5.62292, "relative_strength": -2.916118, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 57.17561, "energy": 43.507152, "activity_lines": [ 6.960933, 6.9342, 6.860905, 6.756817 ] }, { "date": "2025-12-19", "close": 6.964, "volume": 25983, "typical_volume": 55201.0, "trend": 6.627333, "fair_value": 5.641519, "relative_strength": -4.752656, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 57.756988, "energy": 45.197833, "activity_lines": [ 6.968933, 6.9444, 6.879214, 6.780512 ] }, { "date": "2025-12-26", "close": 6.995, "volume": 864, "typical_volume": 48391.6, "trend": 6.655367, "fair_value": 5.660317, "relative_strength": -3.526371, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 58.361567, "energy": 43.497402, "activity_lines": [ 6.984067, 6.957527, 6.897767, 6.804232 ] }, { "date": "2026-01-02", "close": 6.952, "volume": 40958, "typical_volume": 50081.1, "trend": 6.679067, "fair_value": 5.678532, "relative_strength": -5.214418, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 53.776732, "energy": 36.348889, "activity_lines": [ 6.970467, 6.9586, 6.909833, 6.82337 ] }, { "date": "2026-01-09", "close": 7.146, "volume": 99577, "typical_volume": 51671.4, "trend": 6.7122, "fair_value": 5.697516, "relative_strength": -2.888965, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 71.922044, "energy": 46.961938, "activity_lines": [ 7.025933, 6.994055, 6.938624, 6.853495 ] }, { "date": "2026-01-16", "close": 7.128, "volume": 41095, "typical_volume": 51598.45, "trend": 6.745333, "fair_value": 5.716208, "relative_strength": -2.959148, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.321386, "energy": 54.277432, "activity_lines": [ 7.068933, 7.024964, 6.962981, 6.88032 ] }, { "date": "2026-01-23", "close": 7.011, "volume": 60338, "typical_volume": 52569.9, "trend": 6.770567, "fair_value": 5.734151, "relative_strength": -2.082853, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 56.472633, "energy": 42.388155, "activity_lines": [ 7.060267, 7.029055, 6.973748, 6.89746 ] }, { "date": "2026-01-30", "close": 6.861, "volume": 39560, "typical_volume": 50816.25, "trend": 6.789567, "fair_value": 5.751131, "relative_strength": -5.199085, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 34.852205, "energy": 27.804215, "activity_lines": [ 6.998467, 7.004145, 6.968214, 6.903295 ] }, { "date": "2026-02-06", "close": 6.866, "volume": 111936, "typical_volume": 53361.05, "trend": 6.8071, "fair_value": 5.766965, "relative_strength": -5.415249, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 23.215314, "energy": 13.001887, "activity_lines": [ 6.947267, 6.978655, 6.962533, 6.908226 ] }, { "date": "2026-02-13", "close": 6.776, "volume": 48626, "typical_volume": 52733.35, "trend": 6.819433, "fair_value": 5.781801, "relative_strength": -5.354455, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": -6.77207, "energy": 19.831268, "activity_lines": [ 6.8718, 6.939564, 6.947833, 6.906219 ] }, { "date": "2026-02-20", "close": 6.867, "volume": 36743, "typical_volume": 52136.35, "trend": 6.833367, "fair_value": 5.797997, "relative_strength": -5.868405, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 2.905731, "energy": 22.510559, "activity_lines": [ 6.851333, 6.921982, 6.941667, 6.909288 ] }, { "date": "2026-02-27", "close": 6.828, "volume": 30676, "typical_volume": 50055.3, "trend": 6.8478, "fair_value": 5.814391, "relative_strength": -7.54968, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -21.058391, "energy": 34.024642, "activity_lines": [ 6.835267, 6.8986, 6.931738, 6.908942 ] }, { "date": "2026-03-06", "close": 6.919, "volume": 41051, "typical_volume": 47871.2, "trend": 6.862, "fair_value": 5.831369, "relative_strength": 0.209951, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -16.160321, "energy": 23.411025, "activity_lines": [ 6.861733, 6.894236, 6.930414, 6.913535 ] }, { "date": "2026-03-13", "close": 6.795, "volume": 33122, "typical_volume": 48903.9, "trend": 6.869033, "fair_value": 5.847554, "relative_strength": -1.913654, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -23.507776, "energy": 19.802563, "activity_lines": [ 6.843, 6.868709, 6.916533, 6.909213 ] }, { "date": "2026-03-20", "close": 6.619, "volume": 16960, "typical_volume": 47966.6, "trend": 6.8705, "fair_value": 5.862612, "relative_strength": -1.131894, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -50.136047, "energy": 44.0305, "activity_lines": [ 6.770333, 6.814036, 6.886405, 6.893082 ] }, { "date": "2026-03-27", "close": 6.463, "volume": 59861, "typical_volume": 48136.3, "trend": 6.865467, "fair_value": 5.876782, "relative_strength": -4.527339, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -57.179201, "energy": 65.750604, "activity_lines": [ 6.656133, 6.740582, 6.843595, 6.866791 ] }, { "date": "2026-04-03", "close": 6.653, "volume": 59151, "typical_volume": 46988.7, "trend": 6.867633, "fair_value": 5.891872, "relative_strength": -6.401367, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -62.632501, "energy": 71.785741, "activity_lines": [ 6.6322, 6.713764, 6.820595, 6.853084 ] }, { "date": "2026-04-10", "close": 6.792, "volume": 20985, "typical_volume": 46037.8, "trend": 6.8697, "fair_value": 5.907853, "relative_strength": -8.236933, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -59.379721, "energy": 64.29704, "activity_lines": [ 6.666267, 6.718727, 6.812086, 6.848204 ] }, { "date": "2026-04-17", "close": 7.171, "volume": 68443, "typical_volume": 46875.05, "trend": 6.883, "fair_value": 5.925949, "relative_strength": -5.563685, "stage": 3, "regime": "rotation_up", "modifier": "Structural repair", "gate": "down", "direction": -8.092877, "energy": 7.33383, "activity_lines": [ 6.835133, 6.793855, 6.83961, 6.867643 ] }, { "date": "2026-04-24", "close": 7.228, "volume": 11051, "typical_volume": 45152.9, "trend": 6.899, "fair_value": 5.94441, "relative_strength": -2.399791, "stage": 3, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 37.221949, "energy": 37.091571, "activity_lines": [ 6.997933, 6.8738, 6.871833, 6.889901 ] }, { "date": "2026-05-01", "close": 7.22, "volume": 34508, "typical_volume": 44074.4, "trend": 6.9111, "fair_value": 5.963256, "relative_strength": -3.652692, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 37.241348, "energy": 46.726218, "activity_lines": [ 7.117467, 6.944073, 6.902443, 6.910611 ] }, { "date": "2026-05-08", "close": 7.456, "volume": 241723, "typical_volume": 54861.4, "trend": 6.932467, "fair_value": 5.983103, "relative_strength": -2.618283, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 86.966732, "energy": 89.314574, "activity_lines": [ 7.2652, 7.050836, 6.954186, 6.945766 ] }, { "date": "2026-05-15", "close": 7.639, "volume": 8820, "typical_volume": 55259.2, "trend": 6.9617, "fair_value": 6.003279, "relative_strength": 0.113962, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 91.104537, "energy": 96.306267, "activity_lines": [ 7.4204, 7.179455, 7.021014, 6.991348 ] }, { "date": "2026-05-22", "close": 7.685, "volume": 73837, "typical_volume": 56903.15, "trend": 6.987767, "fair_value": 6.023433, "relative_strength": -0.112145, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 87.714042, "energy": 95.2126, "activity_lines": [ 7.534467, 7.303345, 7.089157, 7.038013 ] }, { "date": "2026-05-29", "close": 7.768, "volume": 22521, "typical_volume": 53050.35, "trend": 7.010833, "fair_value": 6.044131, "relative_strength": -0.116087, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 85.666234, "energy": 94.658937, "activity_lines": [ 7.641933, 7.426145, 7.161714, 7.088351 ] }, { "date": "2026-06-05", "close": 7.739, "volume": 14335, "typical_volume": 51712.35, "trend": 7.041367, "fair_value": 6.064644, "relative_strength": -0.219062, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 75.046716, "energy": 90.943725, "activity_lines": [ 7.703733, 7.522782, 7.228548, 7.135329 ] }, { "date": "2026-06-12", "close": 7.682, "volume": 4389, "typical_volume": 48914.9, "trend": 7.0669, "fair_value": 6.083731, "relative_strength": -3.95805, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 68.347753, "energy": 87.567464, "activity_lines": [ 7.711933, 7.585855, 7.287043, 7.17666 ] }, { "date": "2026-06-19", "close": 7.819, "volume": 9, "typical_volume": 46937.35, "trend": 7.101567, "fair_value": 6.103843, "relative_strength": -4.646798, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 78.795423, "energy": 89.458007, "activity_lines": [ 7.750733, 7.655127, 7.35539, 7.225183 ] }, { "date": "2026-06-26", "close": 7.718, "volume": 3567, "typical_volume": 41518.9, "trend": 7.1249, "fair_value": 6.123308, "relative_strength": -2.888294, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.36121, "energy": 66.997416, "activity_lines": [ 7.743867, 7.687364, 7.409557, 7.264953 ] }, { "date": "2026-07-03", "close": 7.852, "volume": 150, "typical_volume": 39095.1, "trend": 7.151667, "fair_value": 6.143256, "relative_strength": -3.988501, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 77.390691, "energy": 69.503974, "activity_lines": [ 7.779467, 7.734018, 7.472429, 7.311862 ] }, { "date": "2026-07-10", "close": 7.915, "volume": 54893, "typical_volume": 40002.6, "trend": 7.184233, "fair_value": 6.163609, "relative_strength": -2.74738, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 79.689277, "energy": 70.884497, "activity_lines": [ 7.830467, 7.780782, 7.536176, 7.36111 ] }, { "date": "2026-07-17", "close": 7.811, "volume": 17541, "typical_volume": 39345.85, "trend": 7.212467, "fair_value": 6.183571, "relative_strength": -2.56991, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.897517, "energy": 65.490355, "activity_lines": [ 7.835067, 7.796, 7.585029, 7.401546 ] }, { "date": "2026-07-24", "close": 7.79, "volume": 5576, "typical_volume": 37572.1, "trend": 7.238967, "fair_value": 6.202458, "relative_strength": -2.58516, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.37043, "energy": 64.373087, "activity_lines": [ 7.824067, 7.800945, 7.6272, 7.438806 ] }, { "date": "2026-07-31", "close": 7.7, "volume": 40938, "typical_volume": 37962.9, "trend": 7.2639, "fair_value": 6.221, "relative_strength": -4.246017, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 51.574229, "energy": 55.430383, "activity_lines": [ 7.785, 7.786782, 7.656652, 7.468551 ] }, { "date": "2026-08-07", "close": 8.051, "volume": 31887, "typical_volume": 38709.25, "trend": 7.294067, "fair_value": 6.241792, "relative_strength": -2.684635, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 84.817076, "energy": 67.119149, "activity_lines": [ 7.864133, 7.836164, 7.715224, 7.519331 ] } ], "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." } } }