{ "ticker": { "uuid": "5548504c-cf1a-4cff-ad26-67c5a221f316", "symbol": "IBCZ", "name": "iShares STOXX World Equity Multifactor UCITS ETF USD (Acc)", "exchange": "GER", "country": "DE", "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": "^GDAXI", "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": 90.987, "architecture_energy": 74.921, "architecture_maturity": 61.105, "architecture_confidence": 87.879, "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": 1.04, "rotation_up": 70.15, "upward_expansion": 90.0, "deceleration": 58.88, "rotation_down": 26.14, "downward_expansion": 12.0 }, "activity_lines": [ 14.090667, 13.962, 13.665419, 13.324163 ], "activity_state": "Wide", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 1.0 }, "latest_close": 14.368, "trend_reference": 12.912733, "distance_from_trend": 0.1127, "trend_direction": "Improving", "fair_value": 10.718043, "distance_from_fair_value": 0.340543, "fair_value_direction": "Improving", "relative_strength": 6.757305, "relative_strength_direction": "Weakening", "price_momentum": 0.18022, "excess_performance": 0.11558, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.1127, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.050926, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.340543, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.069119, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.067573, "read": "Leading" }, { "label": "Relative strength direction", "positive": false, "value": -0.032552, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.18022, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 3.63345, "read": "Demand-led" } ], "volume": { "latest": 164002, "relative_activity": 2.845933, "balance": 3.63345, "dry_up": 1.447799, "accumulation_observations": 3, "distribution_observations": 1 }, "risk": { "range_context": 0.017186, "annualized_volatility": 0.10421, "from_high_reference": -0.004435, "from_low_reference": 0.284233 }, "levels": { "trend_reference": 12.912733, "fair_value_reference": 10.718043, "structural_low": 11.63, "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 41, "median_return": 0.011218, "positive_rate": 0.609756, "directional_follow_through": 0.609756, "median_excess_return": 0.006297, "regime_survival": 0.829268, "best_return": 0.082203, "worst_return": -0.066511, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 15, "median_return": 0.022942, "positive_rate": 0.8, "directional_follow_through": 0.8, "median_excess_return": 0.032094, "regime_survival": 0.666667, "best_return": 0.122383, "worst_return": -0.076878, "sufficient": true }, { "horizon": "Extended", "sample_count": 8, "median_return": 0.063566, "positive_rate": 0.625, "directional_follow_through": 0.625, "median_excess_return": 0.027118, "regime_survival": 0.625, "best_return": 0.143087, "worst_return": -0.069881, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 4, "median_return": 0.05478, "positive_rate": 1.0, "directional_follow_through": 1.0, "median_excess_return": -0.009049, "regime_survival": 0.25, "best_return": 0.292805, "worst_return": 0.003392, "sufficient": false } ], "ledger": [ { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-05-10", "end": "2024-05-17", "tenure": "New", "return": 0.003519, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-05-24", "end": "2025-01-03", "tenure": "Extended", "return": 0.127703, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-01-10", "end": "2025-01-24", "tenure": "New", "return": 0.026601, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-01-31", "end": "2025-03-07", "tenure": "Developing", "return": -0.072612, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-03-14", "end": "2025-03-28", "tenure": "New", "return": -0.003063, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-04-04", "end": "2025-04-18", "tenure": "New", "return": 0.011254, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-04-25", "end": "2025-05-30", "tenure": "Developing", "return": 0.066667, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-06-06", "end": "2025-07-04", "tenure": "Developing", "return": 0.005214, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-07-11", "end": "2025-08-15", "tenure": "Developing", "return": 0.043494, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-08-22", "end": "2025-11-14", "tenure": "Established", "return": 0.0513, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-11-21", "end": "2026-01-16", "tenure": "Developing", "return": 0.052731, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-01-23", "end": "2026-03-27", "tenure": "Developing", "return": -0.030716, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-04-03", "end": "2026-04-17", "tenure": "New", "return": 0.065587, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-04-24", "end": "2026-08-07", "tenure": "Established", "return": 0.13116, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 8.209, "volume": 207480, "typical_volume": 161542.45, "trend": 8.144533, "fair_value": 7.831462, "relative_strength": -4.349223, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 53.921576, "energy": 41.620813, "activity_lines": [ 8.321333, 8.301727, 8.231119, 8.177785 ] }, { "date": "2023-08-25", "close": 8.286, "volume": 110794, "typical_volume": 157289.3, "trend": 8.1481, "fair_value": 7.844846, "relative_strength": -3.378056, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 39.758274, "energy": 24.127172, "activity_lines": [ 8.299933, 8.302964, 8.243071, 8.186912 ] }, { "date": "2023-09-01", "close": 8.5, "volume": 168238, "typical_volume": 157682.45, "trend": 8.155067, "fair_value": 7.860359, "relative_strength": -1.844868, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 69.536852, "energy": 39.246579, "activity_lines": [ 8.354933, 8.342964, 8.273933, 8.209615 ] }, { "date": "2023-09-08", "close": 8.486, "volume": 118214, "typical_volume": 157257.35, "trend": 8.161533, "fair_value": 7.875968, "relative_strength": -1.031863, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.232278, "energy": 40.766416, "activity_lines": [ 8.404067, 8.373164, 8.301357, 8.230966 ] }, { "date": "2023-09-15", "close": 8.516, "volume": 160880, "typical_volume": 161195.95, "trend": 8.168667, "fair_value": 7.891654, "relative_strength": -1.316323, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.104277, "energy": 58.532446, "activity_lines": [ 8.453667, 8.405309, 8.329338, 8.253834 ] }, { "date": "2023-09-22", "close": 8.394, "volume": 125577, "typical_volume": 159447.55, "trend": 8.1757, "fair_value": 7.906744, "relative_strength": -0.281596, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 57.805337, "energy": 58.360312, "activity_lines": [ 8.451867, 8.409236, 8.343224, 8.268372 ] }, { "date": "2023-09-29", "close": 8.405, "volume": 144529, "typical_volume": 164369.85, "trend": 8.1801, "fair_value": 7.92109, "relative_strength": 1.303862, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 55.705939, "energy": 44.964934, "activity_lines": [ 8.4414, 8.411364, 8.355819, 8.283166 ] }, { "date": "2023-10-06", "close": 8.284, "volume": 244941, "typical_volume": 162018.25, "trend": 8.188233, "fair_value": 7.933449, "relative_strength": 1.237797, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 37.47077, "energy": 23.107575, "activity_lines": [ 8.382667, 8.390709, 8.354724, 8.289869 ] }, { "date": "2023-10-13", "close": 8.441, "volume": 135438, "typical_volume": 156027.45, "trend": 8.210567, "fair_value": 7.946263, "relative_strength": 3.724465, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 41.210433, "energy": 20.281389, "activity_lines": [ 8.390667, 8.4022, 8.367614, 8.306176 ] }, { "date": "2023-10-20", "close": 8.172, "volume": 149563, "typical_volume": 156084.6, "trend": 8.224267, "fair_value": 7.958269, "relative_strength": 3.32392, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 9.489328, "energy": 11.870457, "activity_lines": [ 8.312, 8.363, 8.353224, 8.303688 ] }, { "date": "2023-10-27", "close": 8.036, "volume": 235179, "typical_volume": 159291.9, "trend": 8.224333, "fair_value": 7.970968, "relative_strength": 2.649086, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -33.948725, "energy": 31.142851, "activity_lines": [ 8.210933, 8.3024, 8.325843, 8.291542 ] }, { "date": "2023-11-03", "close": 8.298, "volume": 197913, "typical_volume": 154861.7, "trend": 8.235033, "fair_value": 7.983224, "relative_strength": 2.712319, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -12.813943, "energy": 20.159523, "activity_lines": [ 8.221067, 8.292582, 8.324167, 8.296295 ] }, { "date": "2023-11-10", "close": 8.286, "volume": 96222, "typical_volume": 154675.4, "trend": 8.242633, "fair_value": 7.994532, "relative_strength": 2.402543, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -13.609765, "energy": 21.334035, "activity_lines": [ 8.234333, 8.280364, 8.321252, 8.299583 ] }, { "date": "2023-11-17", "close": 8.37, "volume": 114144, "typical_volume": 155695.35, "trend": 8.254867, "fair_value": 8.006045, "relative_strength": -0.844215, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 17.75201, "energy": 14.28952, "activity_lines": [ 8.275467, 8.287309, 8.325457, 8.3078 ] }, { "date": "2023-11-24", "close": 8.422, "volume": 261768, "typical_volume": 156481.05, "trend": 8.269067, "fair_value": 8.017545, "relative_strength": -0.72951, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 40.852129, "energy": 22.91193, "activity_lines": [ 8.338667, 8.305818, 8.334248, 8.318583 ] }, { "date": "2023-12-01", "close": 8.517, "volume": 136478, "typical_volume": 158418.15, "trend": 8.289533, "fair_value": 8.029538, "relative_strength": -1.676215, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 52.603857, "energy": 35.090367, "activity_lines": [ 8.416867, 8.343309, 8.350952, 8.334578 ] }, { "date": "2023-12-08", "close": 8.603, "volume": 41547, "typical_volume": 154193.05, "trend": 8.3113, "fair_value": 8.042474, "relative_strength": -2.645335, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 71.741811, "energy": 61.965241, "activity_lines": [ 8.491667, 8.3942, 8.374267, 8.354802 ] }, { "date": "2023-12-15", "close": 8.688, "volume": 115122, "typical_volume": 155465.4, "trend": 8.331533, "fair_value": 8.055404, "relative_strength": -1.476001, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 78.3997, "energy": 77.770097, "activity_lines": [ 8.574467, 8.456945, 8.404529, 8.379105 ] }, { "date": "2023-12-22", "close": 8.692, "volume": 134986, "typical_volume": 157343.15, "trend": 8.351533, "fair_value": 8.06834, "relative_strength": -1.011146, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 75.402262, "energy": 80.832474, "activity_lines": [ 8.6318, 8.513073, 8.43419, 8.402361 ] }, { "date": "2023-12-29", "close": 8.694, "volume": 68733, "typical_volume": 148387.3, "trend": 8.3692, "fair_value": 8.081353, "relative_strength": -1.107713, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 70.965478, "energy": 80.122534, "activity_lines": [ 8.668333, 8.565, 8.462381, 8.424456 ] }, { "date": "2024-01-05", "close": 8.633, "volume": 143628, "typical_volume": 145194.7, "trend": 8.383833, "fair_value": 8.09234, "relative_strength": -0.77508, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.195723, "energy": 75.136408, "activity_lines": [ 8.6664, 8.596345, 8.483148, 8.441475 ] }, { "date": "2024-01-12", "close": 8.736, "volume": 629592, "typical_volume": 171134.6, "trend": 8.3991, "fair_value": 8.103647, "relative_strength": -0.221248, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 72.347862, "energy": 72.487091, "activity_lines": [ 8.691067, 8.635564, 8.511705, 8.464196 ] }, { "date": "2024-01-19", "close": 8.782, "volume": 669128, "typical_volume": 196179.1, "trend": 8.4218, "fair_value": 8.115103, "relative_strength": 1.204851, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 76.259472, "energy": 75.470595, "activity_lines": [ 8.7222, 8.675182, 8.5425, 8.488899 ] }, { "date": "2024-01-26", "close": 8.99, "volume": 118200, "typical_volume": 196178.4, "trend": 8.445033, "fair_value": 8.129282, "relative_strength": 1.156912, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 90.056634, "energy": 89.438981, "activity_lines": [ 8.8164, 8.7436, 8.591762, 8.525557 ] }, { "date": "2024-02-02", "close": 9.15, "volume": 181889, "typical_volume": 197228.85, "trend": 8.477233, "fair_value": 8.142846, "relative_strength": 3.20064, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 94.188956, "energy": 96.930004, "activity_lines": [ 8.944067, 8.829836, 8.653862, 8.571039 ] }, { "date": "2024-02-09", "close": 9.252, "volume": 95226, "typical_volume": 195711.3, "trend": 8.5128, "fair_value": 8.156179, "relative_strength": 4.281144, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 92.294782, "energy": 96.877583, "activity_lines": [ 9.075333, 8.921382, 8.722657, 8.621024 ] }, { "date": "2024-02-16", "close": 9.302, "volume": 58003, "typical_volume": 191385.0, "trend": 8.544133, "fair_value": 8.169756, "relative_strength": 3.647866, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 88.816391, "energy": 95.911966, "activity_lines": [ 9.182, 9.008655, 8.792129, 8.67194 ] }, { "date": "2024-02-23", "close": 9.364, "volume": 115835, "typical_volume": 184929.7, "trend": 8.573533, "fair_value": 8.184782, "relative_strength": 2.532112, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 84.63781, "energy": 94.413921, "activity_lines": [ 9.2716, 9.094491, 8.863233, 8.724834 ] }, { "date": "2024-03-01", "close": 9.427, "volume": 112916, "typical_volume": 183803.6, "trend": 8.609667, "fair_value": 8.200756, "relative_strength": 1.382441, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 83.686304, "energy": 93.828771, "activity_lines": [ 9.3434, 9.179491, 8.935195, 8.779897 ] }, { "date": "2024-03-08", "close": 9.453, "volume": 83403, "typical_volume": 180495.6, "trend": 8.646267, "fair_value": 8.214962, "relative_strength": 1.173453, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 79.62476, "energy": 89.460592, "activity_lines": [ 9.394733, 9.255855, 9.004938, 8.834305 ] }, { "date": "2024-03-15", "close": 9.422, "volume": 58579, "typical_volume": 171665.6, "trend": 8.6867, "fair_value": 8.228205, "relative_strength": 0.158303, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 70.717034, "energy": 69.058029, "activity_lines": [ 9.415533, 9.312782, 9.065629, 8.884353 ] }, { "date": "2024-03-22", "close": 9.727, "volume": 160960, "typical_volume": 169817.95, "trend": 8.734733, "fair_value": 8.242744, "relative_strength": 1.813627, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 92.080488, "energy": 76.299727, "activity_lines": [ 9.526667, 9.410818, 9.148767, 8.951469 ] }, { "date": "2024-03-29", "close": 9.758, "volume": 93717, "typical_volume": 169692.7, "trend": 8.776667, "fair_value": 8.256603, "relative_strength": 0.505244, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 87.083757, "energy": 74.645037, "activity_lines": [ 9.6198, 9.496473, 9.228052, 9.017486 ] }, { "date": "2024-04-05", "close": 9.667, "volume": 158456, "typical_volume": 171908.3, "trend": 8.816033, "fair_value": 8.269481, "relative_strength": 1.231157, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 70.897052, "energy": 68.693716, "activity_lines": [ 9.656333, 9.547836, 9.291662, 9.074927 ] }, { "date": "2024-04-12", "close": 9.701, "volume": 92777, "typical_volume": 163458.75, "trend": 8.855533, "fair_value": 8.282109, "relative_strength": 2.855932, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 71.139947, "energy": 68.757044, "activity_lines": [ 9.6882, 9.593073, 9.352333, 9.132022 ] }, { "date": "2024-04-19", "close": 9.408, "volume": 96714, "typical_volume": 161470.55, "trend": 8.889333, "fair_value": 8.293282, "relative_strength": 0.736955, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.763201, "energy": 62.699604, "activity_lines": [ 9.605867, 9.575018, 9.37901, 9.167665 ] }, { "date": "2024-04-26", "close": 9.523, "volume": 107195, "typical_volume": 164752.95, "trend": 8.9266, "fair_value": 8.305282, "relative_strength": -0.490944, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 52.043837, "energy": 48.520051, "activity_lines": [ 9.5628, 9.575036, 9.412395, 9.208546 ] }, { "date": "2024-05-03", "close": 9.467, "volume": 103503, "typical_volume": 164172.0, "trend": 8.966033, "fair_value": 8.316436, "relative_strength": -0.311987, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 46.557587, "energy": 37.892102, "activity_lines": [ 9.514667, 9.560855, 9.436067, 9.243411 ] }, { "date": "2024-05-10", "close": 9.663, "volume": 98773, "typical_volume": 162361.35, "trend": 9.006767, "fair_value": 8.329673, "relative_strength": -2.482314, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 54.736237, "energy": 37.00174, "activity_lines": [ 9.551267, 9.580436, 9.474695, 9.288376 ] }, { "date": "2024-05-17", "close": 9.697, "volume": 130542, "typical_volume": 165451.8, "trend": 9.0576, "fair_value": 8.342981, "relative_strength": -1.859534, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 58.953656, "energy": 43.834133, "activity_lines": [ 9.599467, 9.601909, 9.511938, 9.332908 ] }, { "date": "2024-05-24", "close": 9.71, "volume": 54857, "typical_volume": 161013.25, "trend": 9.1134, "fair_value": 8.355853, "relative_strength": -1.717021, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.121658, "energy": 51.048906, "activity_lines": [ 9.652267, 9.621309, 9.545643, 9.374998 ] }, { "date": "2024-05-31", "close": 9.531, "volume": 140009, "typical_volume": 136534.1, "trend": 9.1545, "fair_value": 8.367237, "relative_strength": -2.533112, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 57.01747, "energy": 44.72421, "activity_lines": [ 9.625267, 9.602927, 9.557171, 9.40194 ] }, { "date": "2024-06-07", "close": 9.705, "volume": 70388, "typical_volume": 106597.1, "trend": 9.2018, "fair_value": 8.379487, "relative_strength": -1.104282, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.305383, "energy": 45.380104, "activity_lines": [ 9.655733, 9.619745, 9.581486, 9.437456 ] }, { "date": "2024-06-14", "close": 9.802, "volume": 63048, "typical_volume": 103839.5, "trend": 9.249533, "fair_value": 8.392994, "relative_strength": 2.82127, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 70.830862, "energy": 48.643151, "activity_lines": [ 9.702667, 9.655164, 9.610643, 9.476178 ] }, { "date": "2024-06-21", "close": 9.904, "volume": 93707, "typical_volume": 99430.4, "trend": 9.298933, "fair_value": 8.406173, "relative_strength": 2.842312, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 77.299671, "energy": 55.426291, "activity_lines": [ 9.774333, 9.706673, 9.645648, 9.518402 ] }, { "date": "2024-06-28", "close": 9.938, "volume": 72502, "typical_volume": 98294.2, "trend": 9.3463, "fair_value": 8.418942, "relative_strength": 2.671314, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 76.328749, "energy": 75.078652, "activity_lines": [ 9.843533, 9.760673, 9.6803, 9.559632 ] }, { "date": "2024-07-05", "close": 9.911, "volume": 192348, "typical_volume": 105011.45, "trend": 9.3899, "fair_value": 8.431455, "relative_strength": 1.018572, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 68.350918, "energy": 76.851895, "activity_lines": [ 9.888533, 9.800127, 9.709114, 9.596065 ] }, { "date": "2024-07-12", "close": 10.072, "volume": 104498, "typical_volume": 104444.6, "trend": 9.436033, "fair_value": 8.445179, "relative_strength": 1.060048, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 81.670104, "energy": 85.092626, "activity_lines": [ 9.961867, 9.8618, 9.750362, 9.640071 ] }, { "date": "2024-07-19", "close": 9.903, "volume": 122270, "typical_volume": 104912.3, "trend": 9.4764, "fair_value": 8.457122, "relative_strength": 2.411321, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.448102, "energy": 71.596518, "activity_lines": [ 9.9544, 9.881745, 9.772143, 9.670198 ] }, { "date": "2024-07-26", "close": 9.853, "volume": 115286, "typical_volume": 106506.45, "trend": 9.515033, "fair_value": 8.468981, "relative_strength": 0.462843, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 61.458495, "energy": 50.571539, "activity_lines": [ 9.923533, 9.888236, 9.786895, 9.694495 ] }, { "date": "2024-08-02", "close": 9.485, "volume": 181087, "typical_volume": 112631.85, "trend": 9.543433, "fair_value": 8.477731, "relative_strength": 0.801109, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 16.21153, "energy": 13.845593, "activity_lines": [ 9.7734, 9.824982, 9.764695, 9.692557 ] }, { "date": "2024-08-09", "close": 9.557, "volume": 224034, "typical_volume": 115785.55, "trend": 9.5708, "fair_value": 8.486622, "relative_strength": 1.170841, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 10.448585, "energy": 17.716808, "activity_lines": [ 9.677467, 9.778909, 9.749052, 9.693432 ] }, { "date": "2024-08-16", "close": 9.888, "volume": 50185, "typical_volume": 113608.95, "trend": 9.607667, "fair_value": 8.497994, "relative_strength": 1.203868, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 33.136642, "energy": 23.209592, "activity_lines": [ 9.715467, 9.792545, 9.765743, 9.713897 ] }, { "date": "2024-08-23", "close": 9.942, "volume": 75282, "typical_volume": 109450.25, "trend": 9.6394, "fair_value": 8.509199, "relative_strength": 0.047204, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 39.315805, "energy": 21.913999, "activity_lines": [ 9.783733, 9.812673, 9.786957, 9.735467 ] }, { "date": "2024-08-30", "close": 10.02, "volume": 84841, "typical_volume": 109053.45, "trend": 9.6684, "fair_value": 8.520853, "relative_strength": -0.604383, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 59.57084, "energy": 32.371102, "activity_lines": [ 9.8754, 9.844436, 9.81429, 9.760022 ] }, { "date": "2024-09-06", "close": 9.681, "volume": 71849, "typical_volume": 107810.2, "trend": 9.6827, "fair_value": 8.530699, "relative_strength": -0.756157, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 36.019658, "energy": 24.498775, "activity_lines": [ 9.842933, 9.812455, 9.807819, 9.760834 ] }, { "date": "2024-09-13", "close": 9.979, "volume": 122104, "typical_volume": 108555.65, "trend": 9.705267, "fair_value": 8.542827, "relative_strength": 0.13197, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 54.547269, "energy": 36.784309, "activity_lines": [ 9.896733, 9.839327, 9.828429, 9.779951 ] }, { "date": "2024-09-20", "close": 10.086, "volume": 198417, "typical_volume": 113301.35, "trend": 9.729333, "fair_value": 8.555801, "relative_strength": 1.097034, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.31415, "energy": 45.901698, "activity_lines": [ 9.958067, 9.884418, 9.857057, 9.804514 ] }, { "date": "2024-09-27", "close": 10.166, "volume": 169942, "typical_volume": 116859.8, "trend": 9.753967, "fair_value": 8.570609, "relative_strength": -1.958859, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.992414, "energy": 47.077105, "activity_lines": [ 10.032867, 9.9438, 9.890357, 9.832686 ] }, { "date": "2024-10-04", "close": 10.282, "volume": 164631, "typical_volume": 118564.25, "trend": 9.7816, "fair_value": 8.585429, "relative_strength": 1.011549, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 69.534434, "energy": 64.783269, "activity_lines": [ 10.1314, 10.019491, 9.93231, 9.866753 ] }, { "date": "2024-10-11", "close": 10.422, "volume": 138327, "typical_volume": 122737.75, "trend": 9.814933, "fair_value": 8.600295, "relative_strength": 1.115686, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 73.133471, "energy": 72.33875, "activity_lines": [ 10.259133, 10.112836, 9.98481, 9.908069 ] }, { "date": "2024-10-18", "close": 10.554, "volume": 82199, "typical_volume": 119847.25, "trend": 9.8425, "fair_value": 8.615359, "relative_strength": 0.97532, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 78.648678, "energy": 79.193595, "activity_lines": [ 10.381467, 10.213145, 10.04649, 9.955751 ] }, { "date": "2024-10-25", "close": 10.452, "volume": 67472, "typical_volume": 119701.45, "trend": 9.865633, "fair_value": 8.629532, "relative_strength": 1.032055, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.784705, "energy": 76.04882, "activity_lines": [ 10.431467, 10.276782, 10.093586, 9.995073 ] }, { "date": "2024-11-01", "close": 10.348, "volume": 93253, "typical_volume": 121211.7, "trend": 9.888333, "fair_value": 8.642186, "relative_strength": 1.143031, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.640912, "energy": 73.040219, "activity_lines": [ 10.4224, 10.311255, 10.127219, 10.026194 ] }, { "date": "2024-11-08", "close": 10.808, "volume": 102298, "typical_volume": 121641.25, "trend": 9.925233, "fair_value": 8.656718, "relative_strength": 5.78518, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 84.837776, "energy": 82.703148, "activity_lines": [ 10.554533, 10.421982, 10.202062, 10.085527 ] }, { "date": "2024-11-15", "close": 10.752, "volume": 77353, "typical_volume": 121883.8, "trend": 9.970033, "fair_value": 8.670756, "relative_strength": 5.133734, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 76.54757, "energy": 80.236258, "activity_lines": [ 10.632933, 10.5082, 10.267267, 10.138867 ] }, { "date": "2024-11-22", "close": 11.108, "volume": 75417, "typical_volume": 116037.25, "trend": 10.022867, "fair_value": 8.688513, "relative_strength": 7.793787, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 87.553633, "energy": 88.590605, "activity_lines": [ 10.808, 10.639673, 10.3625, 10.212284 ] }, { "date": "2024-11-29", "close": 11.118, "volume": 42835, "typical_volume": 112954.1, "trend": 10.0779, "fair_value": 8.706583, "relative_strength": 6.040453, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 81.173903, "energy": 90.918653, "activity_lines": [ 10.949467, 10.752436, 10.452986, 10.282938 ] }, { "date": "2024-12-06", "close": 11.122, "volume": 160667, "typical_volume": 114873.95, "trend": 10.126533, "fair_value": 8.723429, "relative_strength": 2.014709, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 74.652903, "energy": 89.064478, "activity_lines": [ 11.047867, 10.847164, 10.538871, 10.350299 ] }, { "date": "2024-12-13", "close": 11.034, "volume": 225656, "typical_volume": 120392.45, "trend": 10.1711, "fair_value": 8.739596, "relative_strength": 1.021633, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.837571, "energy": 85.845349, "activity_lines": [ 11.065333, 10.908509, 10.610571, 10.408845 ] }, { "date": "2024-12-20", "close": 10.852, "volume": 204960, "typical_volume": 121586.1, "trend": 10.209167, "fair_value": 8.753962, "relative_strength": 1.866217, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.870268, "energy": 63.428887, "activity_lines": [ 11.007067, 10.923091, 10.659314, 10.452774 ] }, { "date": "2024-12-27", "close": 10.87, "volume": 78644, "typical_volume": 114316.6, "trend": 10.2538, "fair_value": 8.767564, "relative_strength": 1.436018, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 60.974369, "energy": 53.433445, "activity_lines": [ 10.948133, 10.933127, 10.703262, 10.495409 ] }, { "date": "2025-01-03", "close": 10.95, "volume": 107391, "typical_volume": 117176.9, "trend": 10.2953, "fair_value": 8.782718, "relative_strength": 2.474513, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 47.686929, "energy": 42.144579, "activity_lines": [ 10.931733, 10.951964, 10.748576, 10.540325 ] }, { "date": "2025-01-10", "close": 10.902, "volume": 87891, "typical_volume": 117807.35, "trend": 10.331967, "fair_value": 8.798038, "relative_strength": 0.408469, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 43.887921, "energy": 35.956436, "activity_lines": [ 10.910533, 10.953018, 10.784262, 10.579467 ] }, { "date": "2025-01-17", "close": 11.194, "volume": 149378, "typical_volume": 121034.2, "trend": 10.374967, "fair_value": 8.816821, "relative_strength": -0.316434, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 71.100367, "energy": 49.016481, "activity_lines": [ 11.001333, 10.997091, 10.843186, 10.635082 ] }, { "date": "2025-01-24", "close": 11.192, "volume": 80100, "typical_volume": 121446.75, "trend": 10.416767, "fair_value": 8.836788, "relative_strength": -2.599918, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 68.050326, "energy": 52.413472, "activity_lines": [ 11.0808, 11.033782, 10.896329, 10.687794 ] }, { "date": "2025-01-31", "close": 11.348, "volume": 136195, "typical_volume": 122151.3, "trend": 10.464667, "fair_value": 8.857821, "relative_strength": -2.709294, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 73.65117, "energy": 57.554005, "activity_lines": [ 11.1896, 11.090836, 10.957133, 10.747873 ] }, { "date": "2025-02-07", "close": 11.352, "volume": 152259, "typical_volume": 119843.4, "trend": 10.507333, "fair_value": 8.877769, "relative_strength": -2.831497, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 71.859075, "energy": 72.994603, "activity_lines": [ 11.267867, 11.144255, 11.0118, 10.80512 ] }, { "date": "2025-02-14", "close": 11.294, "volume": 77547, "typical_volume": 115223.65, "trend": 10.5537, "fair_value": 8.898147, "relative_strength": -6.306843, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.580384, "energy": 70.955951, "activity_lines": [ 11.3, 11.182873, 11.054914, 10.855873 ] }, { "date": "2025-02-21", "close": 11.396, "volume": 110261, "typical_volume": 112505.15, "trend": 10.605133, "fair_value": 8.918962, "relative_strength": -4.412506, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 71.28835, "energy": 75.330464, "activity_lines": [ 11.34, 11.236909, 11.102371, 10.910215 ] }, { "date": "2025-02-28", "close": 11.156, "volume": 118751, "typical_volume": 111526.35, "trend": 10.660833, "fair_value": 8.937301, "relative_strength": -7.397782, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 60.773299, "energy": 49.611056, "activity_lines": [ 11.286533, 11.240727, 11.121667, 10.945755 ] }, { "date": "2025-03-07", "close": 10.524, "volume": 227932, "typical_volume": 118813.0, "trend": 10.693067, "fair_value": 8.952282, "relative_strength": -14.154436, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 8.346128, "energy": 10.364769, "activity_lines": [ 11.0248, 11.124109, 11.077276, 10.936927 ] }, { "date": "2025-03-14", "close": 10.446, "volume": 214708, "typical_volume": 126174.8, "trend": 10.711667, "fair_value": 8.965269, "relative_strength": -14.490002, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -14.892263, "energy": 26.15998, "activity_lines": [ 10.792, 10.9996, 11.0256, 10.920987 ] }, { "date": "2025-03-21", "close": 10.564, "volume": 96101, "typical_volume": 126317.2, "trend": 10.7324, "fair_value": 8.978026, "relative_strength": -12.935306, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -29.035018, "energy": 40.628343, "activity_lines": [ 10.658933, 10.905709, 10.98519, 10.91146 ] }, { "date": "2025-03-28", "close": 10.414, "volume": 65439, "typical_volume": 124474.25, "trend": 10.745533, "fair_value": 8.990327, "relative_strength": -12.324152, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -34.166439, "energy": 45.854782, "activity_lines": [ 10.524533, 10.790691, 10.929467, 10.890918 ] }, { "date": "2025-04-04", "close": 9.508, "volume": 157342, "typical_volume": 128473.7, "trend": 10.739767, "fair_value": 8.996205, "relative_strength": -12.668329, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "mixed", "direction": -66.131538, "energy": 81.262184, "activity_lines": [ 10.1536, 10.525127, 10.789333, 10.811077 ] }, { "date": "2025-04-11", "close": 9.413, "volume": 312900, "typical_volume": 140347.85, "trend": 10.7209, "fair_value": 9.001513, "relative_strength": -12.152104, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -61.563675, "energy": 81.506065, "activity_lines": [ 9.860867, 10.272909, 10.646076, 10.72548 ] }, { "date": "2025-04-18", "close": 9.615, "volume": 135604, "typical_volume": 144986.3, "trend": 10.7052, "fair_value": 9.00891, "relative_strength": -13.543121, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -73.942731, "energy": 87.821789, "activity_lines": [ 9.709533, 10.0926, 10.530129, 10.654131 ] }, { "date": "2025-04-25", "close": 9.93, "volume": 146805, "typical_volume": 144293.2, "trend": 10.697333, "fair_value": 9.018256, "relative_strength": -14.627995, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.926916, "energy": 79.97236, "activity_lines": [ 9.7186, 10.001145, 10.451338, 10.604118 ] }, { "date": "2025-05-02", "close": 10.322, "volume": 56735, "typical_volume": 135847.15, "trend": 10.698667, "fair_value": 9.031513, "relative_strength": -14.25435, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.655048, "energy": 52.773028, "activity_lines": [ 9.9006, 10.005764, 10.415557, 10.579903 ] }, { "date": "2025-05-09", "close": 10.338, "volume": 78487, "typical_volume": 129523.5, "trend": 10.695867, "fair_value": 9.044814, "relative_strength": -15.39613, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -45.822258, "energy": 33.152808, "activity_lines": [ 10.094067, 10.032818, 10.38469, 10.556634 ] }, { "date": "2025-05-16", "close": 10.82, "volume": 74453, "typical_volume": 129313.95, "trend": 10.704733, "fair_value": 9.063308, "relative_strength": -12.245348, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -19.329196, "energy": 22.280633, "activity_lines": [ 10.392867, 10.162382, 10.402176, 10.564643 ] }, { "date": "2025-05-23", "close": 10.494, "volume": 46191, "typical_volume": 126253.95, "trend": 10.706133, "fair_value": 9.077571, "relative_strength": -14.153096, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -25.068552, "energy": 26.760775, "activity_lines": [ 10.4892, 10.227291, 10.388852, 10.551047 ] }, { "date": "2025-05-30", "close": 10.592, "volume": 32603, "typical_volume": 123489.55, "trend": 10.714267, "fair_value": 9.092974, "relative_strength": -14.444866, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -17.900188, "energy": 23.165305, "activity_lines": [ 10.5596, 10.309145, 10.387033, 10.543684 ] }, { "date": "2025-06-06", "close": 10.74, "volume": 189862, "typical_volume": 125513.75, "trend": 10.712, "fair_value": 9.111051, "relative_strength": -14.085466, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 0.054706, "energy": 18.117555, "activity_lines": [ 10.6352, 10.4174, 10.400786, 10.545344 ] }, { "date": "2025-06-13", "close": 10.604, "volume": 66597, "typical_volume": 124838.6, "trend": 10.707067, "fair_value": 9.131167, "relative_strength": -12.022334, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -6.016273, "energy": 15.541406, "activity_lines": [ 10.6376, 10.495, 10.403748, 10.538376 ] }, { "date": "2025-06-20", "close": 10.59, "volume": 17987, "typical_volume": 118928.2, "trend": 10.6898, "fair_value": 9.14984, "relative_strength": -11.209433, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -5.909334, "energy": 13.702137, "activity_lines": [ 10.6176, 10.550127, 10.408176, 10.530824 ] }, { "date": "2025-06-27", "close": 10.754, "volume": 42537, "typical_volume": 113442.1, "trend": 10.677667, "fair_value": 9.169878, "relative_strength": -12.072741, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 0.652307, "energy": 14.586286, "activity_lines": [ 10.6676, 10.613673, 10.431833, 10.534966 ] }, { "date": "2025-07-04", "close": 10.796, "volume": 118007, "typical_volume": 115465.1, "trend": 10.6668, "fair_value": 9.187891, "relative_strength": -10.538125, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 22.437015, "energy": 28.915383, "activity_lines": [ 10.714267, 10.664145, 10.462338, 10.5426 ] }, { "date": "2025-07-11", "close": 10.852, "volume": 108197, "typical_volume": 115361.9, "trend": 10.660733, "fair_value": 9.206654, "relative_strength": -11.507365, "stage": 3, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 27.413736, "energy": 41.38933, "activity_lines": [ 10.766, 10.709055, 10.500548, 10.554548 ] }, { "date": "2025-07-18", "close": 10.92, "volume": 53750, "typical_volume": 112111.85, "trend": 10.663, "fair_value": 9.224577, "relative_strength": -10.754444, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 30.3298, "energy": 49.671766, "activity_lines": [ 10.832933, 10.756691, 10.547824, 10.571275 ] }, { "date": "2025-07-25", "close": 11.054, "volume": 124223, "typical_volume": 106926.4, "trend": 10.669133, "fair_value": 9.241865, "relative_strength": -9.118222, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 47.747166, "energy": 63.25829, "activity_lines": [ 10.923467, 10.818109, 10.608986, 10.596501 ] }, { "date": "2025-08-01", "close": 10.986, "volume": 243083, "typical_volume": 108345.15, "trend": 10.670333, "fair_value": 9.258891, "relative_strength": -6.381357, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 39.96463, "energy": 60.644632, "activity_lines": [ 10.9604, 10.862909, 10.661148, 10.616944 ] }, { "date": "2025-08-08", "close": 11.184, "volume": 214820, "typical_volume": 114281.1, "trend": 10.679733, "fair_value": 9.275795, "relative_strength": -7.328837, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 50.660436, "energy": 67.624199, "activity_lines": [ 11.047867, 10.934764, 10.729595, 10.650084 ] }, { "date": "2025-08-15", "close": 11.324, "volume": 90332, "typical_volume": 115525.75, "trend": 10.684067, "fair_value": 9.292821, "relative_strength": -6.656669, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 82.717211, "energy": 86.316661, "activity_lines": [ 11.156133, 11.021309, 10.808424, 10.691649 ] }, { "date": "2025-08-22", "close": 11.384, "volume": 132169, "typical_volume": 114267.1, "trend": 10.690467, "fair_value": 9.311128, "relative_strength": -5.935862, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 81.598661, "energy": 90.356279, "activity_lines": [ 11.252933, 11.108145, 10.888633, 10.736806 ] }, { "date": "2025-08-29", "close": 11.278, "volume": 57908, "typical_volume": 101517.5, "trend": 10.688133, "fair_value": 9.330205, "relative_strength": -4.800661, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.308316, "energy": 86.051031, "activity_lines": [ 11.283467, 11.161527, 10.949814, 10.774712 ] }, { "date": "2025-09-05", "close": 11.326, "volume": 108508, "typical_volume": 100162.7, "trend": 10.687267, "fair_value": 9.349096, "relative_strength": -2.974417, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 68.368509, "energy": 85.485912, "activity_lines": [ 11.315067, 11.211127, 11.006686, 10.815865 ] }, { "date": "2025-09-12", "close": 11.502, "volume": 80173, "typical_volume": 96831.1, "trend": 10.6942, "fair_value": 9.371487, "relative_strength": -1.702778, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 80.169848, "energy": 87.134847, "activity_lines": [ 11.382667, 11.282327, 11.072171, 10.868428 ] }, { "date": "2025-09-19", "close": 11.496, "volume": 178295, "typical_volume": 102909.1, "trend": 10.697533, "fair_value": 9.394974, "relative_strength": -1.308225, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 74.222595, "energy": 71.629545, "activity_lines": [ 11.427067, 11.3396, 11.1296, 10.920157 ] }, { "date": "2025-09-26", "close": 11.54, "volume": 73360, "typical_volume": 102652.75, "trend": 10.710333, "fair_value": 9.419045, "relative_strength": -1.209538, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 74.328423, "energy": 69.196657, "activity_lines": [ 11.474667, 11.393164, 11.185629, 10.97451 ] }, { "date": "2025-10-03", "close": 11.692, "volume": 77030, "typical_volume": 102781.6, "trend": 10.749267, "fair_value": 9.443263, "relative_strength": -2.311235, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 81.262138, "energy": 76.83777, "activity_lines": [ 11.562533, 11.463091, 11.25041, 11.037843 ] }, { "date": "2025-10-10", "close": 11.57, "volume": 118361, "typical_volume": 106390.1, "trend": 10.786733, "fair_value": 9.467205, "relative_strength": -2.551335, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.49726, "energy": 64.544818, "activity_lines": [ 11.582133, 11.499236, 11.299419, 11.090794 ] }, { "date": "2025-10-17", "close": 11.482, "volume": 110264, "typical_volume": 110273.15, "trend": 10.817333, "fair_value": 9.489782, "relative_strength": -1.413562, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.670314, "energy": 58.328015, "activity_lines": [ 11.556133, 11.508764, 11.334924, 11.135649 ] }, { "date": "2025-10-24", "close": 13.7467, "volume": 62310, "typical_volume": 103895.55, "trend": 10.928423, "fair_value": 9.525101, "relative_strength": 15.903167, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 96.137174, "energy": 81.212399, "activity_lines": [ 12.286367, 11.924636, 11.581876, 11.324641 ] }, { "date": "2025-10-31", "close": 12.034, "volume": 68555, "typical_volume": 103993.45, "trend": 11.012623, "fair_value": 9.550017, "relative_strength": 2.797263, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.293373, "energy": 60.092513, "activity_lines": [ 12.295653, 11.98506, 11.651397, 11.395968 ] }, { "date": "2025-11-07", "close": 11.716, "volume": 93213, "typical_volume": 107754.75, "trend": 11.08939, "fair_value": 9.572011, "relative_strength": 1.992252, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 60.496277, "energy": 54.24489, "activity_lines": [ 12.166007, 11.975847, 11.683822, 11.441348 ] }, { "date": "2025-11-14", "close": 11.968, "volume": 76060, "typical_volume": 109430.9, "trend": 11.167823, "fair_value": 9.595844, "relative_strength": 3.085907, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 58.380564, "energy": 51.363939, "activity_lines": [ 12.11876, 12.004489, 11.734885, 11.498032 ] }, { "date": "2025-11-21", "close": 11.682, "volume": 215126, "typical_volume": 114286.85, "trend": 11.226223, "fair_value": 9.616953, "relative_strength": 4.326309, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 38.11951, "energy": 21.986789, "activity_lines": [ 11.949647, 11.969458, 11.75293, 11.531205 ] }, { "date": "2025-11-28", "close": 12.054, "volume": 102989, "typical_volume": 114026.45, "trend": 11.283957, "fair_value": 9.640979, "relative_strength": 4.53638, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 39.33238, "energy": 21.24305, "activity_lines": [ 11.8912, 11.998791, 11.802183, 11.58461 ] }, { "date": "2025-12-05", "close": 12.058, "volume": 168298, "typical_volume": 119753.85, "trend": 11.34129, "fair_value": 9.666267, "relative_strength": 3.919165, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 40.056565, "energy": 22.897843, "activity_lines": [ 11.946933, 12.018705, 11.846094, 11.634548 ] }, { "date": "2025-12-12", "close": 11.95, "volume": 62908, "typical_volume": 116688.1, "trend": 11.378957, "fair_value": 9.692671, "relative_strength": 2.504543, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 37.490745, "energy": 21.073365, "activity_lines": [ 11.965067, 12.009565, 11.8743, 11.67382 ] }, { "date": "2025-12-19", "close": 11.962, "volume": 120800, "typical_volume": 110573.95, "trend": 11.42789, "fair_value": 9.719088, "relative_strength": 2.394479, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 37.88409, "energy": 23.211181, "activity_lines": [ 11.9716, 11.997916, 11.899383, 11.711435 ] }, { "date": "2025-12-26", "close": 12.04, "volume": 23884, "typical_volume": 101027.15, "trend": 11.476157, "fair_value": 9.746261, "relative_strength": 3.046403, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 49.451489, "energy": 27.071082, "activity_lines": [ 12.004533, 11.993322, 11.927246, 11.750926 ] }, { "date": "2026-01-02", "close": 12.03, "volume": 82618, "typical_volume": 100641.45, "trend": 11.519157, "fair_value": 9.77221, "relative_strength": 2.370141, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 48.318766, "energy": 24.620098, "activity_lines": [ 12.010267, 11.976764, 11.950081, 11.786658 ] }, { "date": "2026-01-09", "close": 12.278, "volume": 145052, "typical_volume": 101285.6, "trend": 11.574957, "fair_value": 9.79946, "relative_strength": 1.710723, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 57.299017, "energy": 30.674497, "activity_lines": [ 12.100267, 12.036509, 11.993173, 11.835616 ] }, { "date": "2026-01-16", "close": 12.298, "volume": 154821, "typical_volume": 106131.25, "trend": 11.63189, "fair_value": 9.827293, "relative_strength": 1.936003, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 56.823737, "energy": 35.757724, "activity_lines": [ 12.182267, 12.095455, 12.033912, 11.882264 ] }, { "date": "2026-01-23", "close": 12.046, "volume": 105525, "typical_volume": 105982.1, "trend": 11.674957, "fair_value": 9.852081, "relative_strength": 1.598011, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 52.772909, "energy": 41.68905, "activity_lines": [ 12.157067, 12.098, 12.045795, 11.90898 ] }, { "date": "2026-01-30", "close": 12.032, "volume": 149265, "typical_volume": 109436.7, "trend": 11.716157, "fair_value": 9.876062, "relative_strength": 3.109214, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 54.980338, "energy": 50.702523, "activity_lines": [ 12.1216, 12.096582, 12.052915, 11.932015 ] }, { "date": "2026-02-06", "close": 12.174, "volume": 101271, "typical_volume": 105585.5, "trend": 11.760223, "fair_value": 9.900947, "relative_strength": 3.675199, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 56.755527, "energy": 43.06538, "activity_lines": [ 12.134, 12.114618, 12.071036, 11.961554 ] }, { "date": "2026-02-13", "close": 12.166, "volume": 86368, "typical_volume": 106235.9, "trend": 11.801757, "fair_value": 9.925716, "relative_strength": 2.858355, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 53.095946, "energy": 28.988608, "activity_lines": [ 12.134133, 12.129018, 12.085166, 11.987733 ] }, { "date": "2026-02-20", "close": 12.296, "volume": 102244, "typical_volume": 107496.6, "trend": 11.843157, "fair_value": 9.952081, "relative_strength": 2.636395, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 64.619258, "energy": 40.939063, "activity_lines": [ 12.185067, 12.165091, 12.108696, 12.01962 ] }, { "date": "2026-02-27", "close": 12.274, "volume": 64144, "typical_volume": 104785.75, "trend": 11.88609, "fair_value": 9.977729, "relative_strength": 2.395661, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 61.477672, "energy": 46.616395, "activity_lines": [ 12.2288, 12.190873, 12.127254, 12.047416 ] }, { "date": "2026-03-06", "close": 12.276, "volume": 82506, "typical_volume": 103397.85, "trend": 11.92249, "fair_value": 10.004883, "relative_strength": 9.483225, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 59.583531, "energy": 47.154109, "activity_lines": [ 12.258, 12.211345, 12.142651, 12.072571 ] }, { "date": "2026-03-13", "close": 12.116, "volume": 68208, "typical_volume": 103692.75, "trend": 11.94889, "fair_value": 10.032735, "relative_strength": 8.445336, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 54.152947, "energy": 33.578647, "activity_lines": [ 12.2176, 12.198436, 12.139029, 12.085056 ] }, { "date": "2026-03-20", "close": 11.8, "volume": 70348, "typical_volume": 103782.4, "trend": 11.962757, "fair_value": 10.058626, "relative_strength": 10.359864, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 8.552675, "energy": 7.54649, "activity_lines": [ 12.075733, 12.126509, 12.113076, 12.07545 ] }, { "date": "2026-03-27", "close": 11.676, "volume": 74890, "typical_volume": 102866.25, "trend": 11.976023, "fair_value": 10.081972, "relative_strength": 9.325403, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "mixed", "direction": -29.301004, "energy": 28.522615, "activity_lines": [ 11.916933, 12.040727, 12.076429, 12.05695 ] }, { "date": "2026-04-03", "close": 11.984, "volume": 87001, "typical_volume": 103413.3, "trend": 11.997957, "fair_value": 10.107658, "relative_strength": 7.763463, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -13.154189, "energy": 24.604928, "activity_lines": [ 11.902133, 12.022255, 12.069305, 12.057464 ] }, { "date": "2026-04-10", "close": 12.32, "volume": 78623, "typical_volume": 96588.15, "trend": 12.025223, "fair_value": 10.134979, "relative_strength": 7.586046, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": 9.334167, "energy": 14.840474, "activity_lines": [ 12.018667, 12.066, 12.094105, 12.078241 ] }, { "date": "2026-04-17", "close": 12.77, "volume": 60501, "typical_volume": 94463.75, "trend": 12.06769, "fair_value": 10.165537, "relative_strength": 7.188208, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 69.989629, "energy": 47.462821, "activity_lines": [ 12.282267, 12.186327, 12.158724, 12.126291 ] }, { "date": "2026-04-24", "close": 12.702, "volume": 78271, "typical_volume": 89962.4, "trend": 12.106423, "fair_value": 10.195703, "relative_strength": 8.803489, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 72.277206, "energy": 68.815235, "activity_lines": [ 12.4796, 12.283455, 12.213457, 12.167215 ] }, { "date": "2026-05-01", "close": 12.74, "volume": 37290, "typical_volume": 88681.5, "trend": 12.141357, "fair_value": 10.22671, "relative_strength": 8.06273, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 70.910271, "energy": 78.527441, "activity_lines": [ 12.629467, 12.377745, 12.268743, 12.208091 ] }, { "date": "2026-05-08", "close": 13.044, "volume": 84622, "typical_volume": 86872.6, "trend": 12.19049, "fair_value": 10.259363, "relative_strength": 10.012521, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 83.366645, "energy": 88.431751, "activity_lines": [ 12.809733, 12.519236, 12.349219, 12.266326 ] }, { "date": "2026-05-15", "close": 13.196, "volume": 51555, "typical_volume": 88256.15, "trend": 12.247623, "fair_value": 10.292152, "relative_strength": 12.671985, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 84.881824, "energy": 91.7969, "activity_lines": [ 12.97, 12.674364, 12.439019, 12.331197 ] }, { "date": "2026-05-22", "close": 13.402, "volume": 80883, "typical_volume": 88169.4, "trend": 12.236133, "fair_value": 10.32619, "relative_strength": 9.711067, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 86.688475, "energy": 93.750194, "activity_lines": [ 13.140533, 12.850218, 12.542933, 12.405673 ] }, { "date": "2026-05-29", "close": 13.56, "volume": 42818, "typical_volume": 83057.7, "trend": 12.287, "fair_value": 10.36078, "relative_strength": 9.624602, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 85.677502, "energy": 93.772405, "activity_lines": [ 13.3216, 13.031418, 12.655362, 12.491084 ] }, { "date": "2026-06-05", "close": 13.564, "volume": 27717, "typical_volume": 76702.5, "trend": 12.3486, "fair_value": 10.395203, "relative_strength": 10.729927, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 78.710573, "energy": 91.411059, "activity_lines": [ 13.4468, 13.181345, 12.762067, 12.573471 ] }, { "date": "2026-06-12", "close": 13.548, "volume": 4518, "typical_volume": 71652.15, "trend": 12.401267, "fair_value": 10.428985, "relative_strength": 10.728704, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 72.597651, "energy": 88.738788, "activity_lines": [ 13.511733, 13.294036, 12.861219, 12.650852 ] }, { "date": "2026-06-19", "close": 13.728, "volume": 12221, "typical_volume": 64799.95, "trend": 12.469467, "fair_value": 10.465056, "relative_strength": 10.21653, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 80.255321, "energy": 91.189475, "activity_lines": [ 13.603067, 13.411018, 12.970362, 12.736447 ] }, { "date": "2026-06-26", "close": 13.644, "volume": 5797, "typical_volume": 60026.25, "trend": 12.522467, "fair_value": 10.499357, "relative_strength": 10.489002, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 70.510264, "energy": 85.044997, "activity_lines": [ 13.630933, 13.487127, 13.063429, 12.812224 ] }, { "date": "2026-07-03", "close": 13.85, "volume": 6304, "typical_volume": 56023.05, "trend": 12.5822, "fair_value": 10.535678, "relative_strength": 6.993423, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 82.10156, "energy": 86.27881, "activity_lines": [ 13.711333, 13.5848, 13.169114, 12.897871 ] }, { "date": "2026-07-10", "close": 13.984, "volume": 85797, "typical_volume": 55200.7, "trend": 12.65, "fair_value": 10.572851, "relative_strength": 10.629975, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 84.789361, "energy": 88.55632, "activity_lines": [ 13.817067, 13.685964, 13.279543, 12.98831 ] }, { "date": "2026-07-17", "close": 13.882, "volume": 83767, "typical_volume": 56181.85, "trend": 12.714, "fair_value": 10.608235, "relative_strength": 10.406325, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 71.742148, "energy": 83.391278, "activity_lines": [ 13.8608, 13.745964, 13.372219, 13.067794 ] }, { "date": "2026-07-24", "close": 13.996, "volume": 39468, "typical_volume": 54029.95, "trend": 12.7792, "fair_value": 10.643581, "relative_strength": 9.702768, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 77.38708, "energy": 80.531952, "activity_lines": [ 13.920267, 13.811455, 13.468095, 13.150503 ] }, { "date": "2026-07-31", "close": 13.946, "volume": 46491, "typical_volume": 52944.1, "trend": 12.843067, "fair_value": 10.679498, "relative_strength": 6.745739, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 69.062595, "energy": 67.22501, "activity_lines": [ 13.9452, 13.853309, 13.551019, 13.225781 ] }, { "date": "2026-08-07", "close": 14.368, "volume": 164002, "typical_volume": 57626.8, "trend": 12.912733, "fair_value": 10.718043, "relative_strength": 6.757305, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 90.987351, "energy": 74.920917, "activity_lines": [ 14.090667, 13.962, 13.665419, 13.324163 ] } ], "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." } } }