{ "ticker": { "uuid": "560af430-8890-4c6e-a69b-22e927c73161", "symbol": "HNRG", "name": "Hallador Energy Company", "exchange": "NASDAQ", "country": "US", "assetType": "equity" }, "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": "QQQ", "stage": 4, "stage_name": "Declining", "phase": "4a", "phase_label": "Stage 4A \u00b7 Breakdown", "transition": "stage_4_declining", "transition_label": "Stage 4 decline intact", "confidence": 96.0, "architecture_regime": "downward_expansion", "architecture_regime_label": "Downward Expansion", "architecture_modifier": "Early contraction", "architecture_gate": "down", "architecture_direction": -62.797, "architecture_energy": 62.337, "architecture_maturity": 15.997, "architecture_confidence": 88.071, "architecture_tenure": "New", "architecture": { "interpretation": { "headline": "The weekly architecture is expanding downward.", "body": "Trend and Activity show sustained negative alignment with weak price acceptance. Repair requires persistent improvement across the structure, not merely one strong observation." }, "scores": { "balance": 18.98, "rotation_up": 10.2, "upward_expansion": 13.25, "deceleration": 37.65, "rotation_down": 73.13, "downward_expansion": 91.25 }, "activity_lines": [ 14.979333, 15.756364, 16.465286, 16.753032 ], "activity_state": "Moderate", "activity_direction": "Expanding", "rotation_direction": "Weakening", "price_acceptance": -1.0 }, "latest_close": 14.76, "trend_reference": 17.364, "distance_from_trend": -0.149965, "trend_direction": "Weakening", "fair_value": 13.232115, "distance_from_fair_value": 0.115468, "fair_value_direction": "Weakening", "relative_strength": -29.226556, "relative_strength_direction": "Weakening", "price_momentum": -0.264207, "excess_performance": -0.451661, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.149965, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.065531, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.115468, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.382197, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.292266, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.151311, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.264207, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.402808, "read": "Supply-led" } ], "volume": { "latest": 3847806, "relative_activity": 0.89338, "balance": 0.402808, "dry_up": 0.840083, "accumulation_observations": 0, "distribution_observations": 3 }, "risk": { "range_context": 0.148295, "annualized_volatility": 0.600327, "from_high_reference": -0.402429, "from_low_reference": 0.081319 }, "levels": { "trend_reference": 17.364, "fair_value_reference": 13.232115, "structural_low": 13.65, "invalidation": "Reclaiming a flat-to-rising Trend with improving relative strength is required before the declining diagnosis is repaired." }, "outcomes": [ { "horizon": "Near term", "sample_count": 10, "median_return": 0.050339, "positive_rate": 0.6, "directional_follow_through": 0.4, "median_excess_return": 0.047289, "regime_survival": 0.7, "best_return": 0.73501, "worst_return": -0.394517, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 4, "median_return": -0.044201, "positive_rate": 0.25, "directional_follow_through": 0.75, "median_excess_return": -0.137782, "regime_survival": 0.25, "best_return": 0.681818, "worst_return": -0.156124, "sufficient": false }, { "horizon": "Extended", "sample_count": 2, "median_return": 0.600475, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": 0.711409, "regime_survival": 0.0, "best_return": 1.429752, "worst_return": -0.228802, "sufficient": false }, { "horizon": "Full cycle", "sample_count": 2, "median_return": 2.058802, "positive_rate": 1.0, "directional_follow_through": 0.0, "median_excess_return": 2.11775, "regime_survival": 0.0, "best_return": 3.669421, "worst_return": 0.448183, "sufficient": false } ], "ledger": [ { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2024-08-30", "end": "2024-09-20", "tenure": "New", "return": 0.025335, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2024-09-27", "end": "2024-10-04", "tenure": "New", "return": 0.091753, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-10-11", "end": "2024-12-27", "tenure": "Developing", "return": 0.072185, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-01-03", "end": "2025-03-07", "tenure": "Developing", "return": -0.252129, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-03-14", "end": "2025-03-21", "tenure": "New", "return": 0.150315, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-03-28", "end": "2025-04-18", "tenure": "New", "return": 0.148681, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-04-25", "end": "2025-06-20", "tenure": "Developing", "return": 0.042886, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-06-27", "end": "2025-08-08", "tenure": "Developing", "return": 0.383312, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-08-15", "end": "2025-11-28", "tenure": "Established", "return": 0.245571, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-12-05", "end": "2026-02-20", "tenure": "Developing", "return": -0.077694, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-02-27", "end": "2026-03-20", "tenure": "New", "return": -0.135314, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-03-27", "end": "2026-05-22", "tenure": "Developing", "return": 0.022197, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-05-29", "end": "2026-07-24", "tenure": "Developing", "return": -0.208723, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-07-31", "end": "2026-08-07", "tenure": "New", "return": 0.037975, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 10.72, "volume": 726529, "typical_volume": 1091988.8, "trend": 8.573667, "fair_value": 4.654137, "relative_strength": 10.98073, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 79.078735, "energy": 74.397569, "activity_lines": [ 9.946667, 9.451273, 8.991238, 8.802645 ] }, { "date": "2023-08-25", "close": 11.64, "volume": 927112, "typical_volume": 1097683.75, "trend": 8.689667, "fair_value": 4.723686, "relative_strength": 17.902419, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 86.440267, "energy": 86.520764, "activity_lines": [ 10.62, 9.910727, 9.265667, 9.000473 ] }, { "date": "2023-09-01", "close": 11.23, "volume": 1578832, "typical_volume": 1133333.65, "trend": 8.761667, "fair_value": 4.791206, "relative_strength": 9.102852, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 71.2648, "energy": 80.999955, "activity_lines": [ 10.98, 10.234182, 9.488524, 9.164366 ] }, { "date": "2023-09-08", "close": 11.29, "volume": 648594, "typical_volume": 1137892.15, "trend": 8.873333, "fair_value": 4.859162, "relative_strength": 10.389503, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 69.106332, "energy": 79.050928, "activity_lines": [ 11.193333, 10.522182, 9.705095, 9.327484 ] }, { "date": "2023-09-15", "close": 12.06, "volume": 984856, "typical_volume": 1146579.6, "trend": 9.012333, "fair_value": 4.931853, "relative_strength": 17.440661, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 77.040607, "energy": 78.796504, "activity_lines": [ 11.543333, 10.900727, 9.981857, 9.533075 ] }, { "date": "2023-09-22", "close": 12.49, "volume": 808216, "typical_volume": 1153214.35, "trend": 9.176667, "fair_value": 5.007728, "relative_strength": 24.479048, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 78.697489, "energy": 73.149811, "activity_lines": [ 11.910667, 11.298364, 10.280429, 9.757441 ] }, { "date": "2023-09-29", "close": 14.42, "volume": 3294661, "typical_volume": 1266370.15, "trend": 9.390667, "fair_value": 5.095896, "relative_strength": 41.715038, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 91.661586, "energy": 89.648073, "activity_lines": [ 12.803333, 11.978182, 10.739857, 10.09572 ] }, { "date": "2023-10-06", "close": 14.12, "volume": 1613434, "typical_volume": 1296525.15, "trend": 9.592, "fair_value": 5.181504, "relative_strength": 35.048089, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 81.581464, "energy": 90.053858, "activity_lines": [ 13.410667, 12.504727, 11.145762, 10.400839 ] }, { "date": "2023-10-13", "close": 14.4, "volume": 1662293, "typical_volume": 1331163.05, "trend": 9.808, "fair_value": 5.269197, "relative_strength": 36.195374, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 77.817525, "energy": 89.486078, "activity_lines": [ 13.918667, 12.984182, 11.550762, 10.711032 ] }, { "date": "2023-10-20", "close": 14.42, "volume": 1850753, "typical_volume": 1389989.0, "trend": 10.014333, "fair_value": 5.356128, "relative_strength": 39.012003, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 72.309771, "energy": 84.708782, "activity_lines": [ 14.226, 13.378, 11.927667, 11.008581 ] }, { "date": "2023-10-27", "close": 14.45, "volume": 1221508, "typical_volume": 1410838.7, "trend": 10.189667, "fair_value": 5.443692, "relative_strength": 41.636017, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 69.043647, "energy": 66.359772, "activity_lines": [ 14.386, 13.7, 12.278667, 11.294753 ] }, { "date": "2023-11-03", "close": 13.74, "volume": 917903, "typical_volume": 1403915.2, "trend": 10.347333, "fair_value": 5.525821, "relative_strength": 25.92905, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.170035, "energy": 58.881307, "activity_lines": [ 14.178667, 13.825091, 12.531762, 11.523806 ] }, { "date": "2023-11-10", "close": 12.23, "volume": 1885085, "typical_volume": 1302342.6, "trend": 10.464667, "fair_value": 5.599103, "relative_strength": 8.367522, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 49.648128, "energy": 40.522474, "activity_lines": [ 13.513333, 13.637455, 12.614952, 11.645269 ] }, { "date": "2023-11-17", "close": 12.71, "volume": 1065409, "typical_volume": 1201079.05, "trend": 10.604, "fair_value": 5.675288, "relative_strength": 10.064346, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 43.258631, "energy": 29.512462, "activity_lines": [ 13.134, 13.518909, 12.726952, 11.790129 ] }, { "date": "2023-11-24", "close": 13.35, "volume": 598964, "typical_volume": 1189080.65, "trend": 10.781, "fair_value": 5.753942, "relative_strength": 14.629062, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 38.355848, "energy": 24.408817, "activity_lines": [ 13.080667, 13.490909, 12.88019, 11.96729 ] }, { "date": "2023-12-01", "close": 12.98, "volume": 1698877, "typical_volume": 1236224.8, "trend": 10.958, "fair_value": 5.830032, "relative_strength": 11.439629, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 34.309554, "energy": 23.99365, "activity_lines": [ 12.975333, 13.372182, 12.976571, 12.109161 ] }, { "date": "2023-12-08", "close": 11.7, "volume": 953083, "typical_volume": 1246163.65, "trend": 11.042, "fair_value": 5.898109, "relative_strength": -0.083649, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 18.679344, "energy": 16.390527, "activity_lines": [ 12.541333, 13.011818, 12.930714, 12.157032 ] }, { "date": "2023-12-15", "close": 10.05, "volume": 2394163, "typical_volume": 1332500.75, "trend": 11.099333, "fair_value": 5.955545, "relative_strength": -16.450106, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -16.968213, "energy": 23.904972, "activity_lines": [ 11.693333, 12.400909, 12.71481, 12.093032 ] }, { "date": "2023-12-22", "close": 9.1, "volume": 3891476, "typical_volume": 1488485.05, "trend": 11.132667, "fair_value": 6.007276, "relative_strength": -24.06526, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -44.697978, "energy": 50.543442, "activity_lines": [ 10.674, 11.691273, 12.402143, 11.964043 ] }, { "date": "2023-12-29", "close": 8.84, "volume": 2241332, "typical_volume": 1548154.0, "trend": 11.148, "fair_value": 6.054519, "relative_strength": -25.690763, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -45.266537, "energy": 72.848238, "activity_lines": [ 9.808667, 11.030727, 12.066571, 11.816129 ] }, { "date": "2024-01-05", "close": 9.28, "volume": 2041033, "typical_volume": 1613879.2, "trend": 11.187667, "fair_value": 6.104455, "relative_strength": -18.803594, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -33.34127, "energy": 71.696197, "activity_lines": [ 9.390667, 10.551636, 11.779238, 11.695613 ] }, { "date": "2024-01-12", "close": 8.41, "volume": 2079980, "typical_volume": 1671522.6, "trend": 11.192667, "fair_value": 6.148878, "relative_strength": -28.028552, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -51.398508, "energy": 79.320479, "activity_lines": [ 8.929333, 10.008364, 11.415905, 11.516409 ] }, { "date": "2024-01-19", "close": 8.89, "volume": 1172530, "typical_volume": 1651207.5, "trend": 11.199667, "fair_value": 6.196699, "relative_strength": -25.429968, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -39.942505, "energy": 73.353619, "activity_lines": [ 8.847333, 9.649273, 11.113667, 11.367849 ] }, { "date": "2024-01-26", "close": 8.73, "volume": 1199841, "typical_volume": 1678769.85, "trend": 11.205, "fair_value": 6.244071, "relative_strength": -26.872017, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -40.560196, "energy": 66.022338, "activity_lines": [ 8.789333, 9.321818, 10.807333, 11.208516 ] }, { "date": "2024-02-02", "close": 8.26, "volume": 1112202, "typical_volume": 1685137.15, "trend": 11.186667, "fair_value": 6.285865, "relative_strength": -31.150677, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -73.131707, "energy": 72.90058, "activity_lines": [ 8.599333, 8.981273, 10.468429, 11.018516 ] }, { "date": "2024-02-09", "close": 7.43, "volume": 1505062, "typical_volume": 1719979.45, "trend": 11.144, "fair_value": 6.321635, "relative_strength": -38.80104, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -81.879991, "energy": 83.565316, "activity_lines": [ 8.171333, 8.582364, 10.068571, 10.776151 ] }, { "date": "2024-02-16", "close": 7.47, "volume": 1186382, "typical_volume": 1614565.5, "trend": 11.093333, "fair_value": 6.357596, "relative_strength": -37.152686, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -76.265232, "energy": 84.581014, "activity_lines": [ 7.88, 8.291636, 9.696619, 10.539118 ] }, { "date": "2024-02-23", "close": 7.21, "volume": 906765, "typical_volume": 1579232.05, "trend": 11.042667, "fair_value": 6.393622, "relative_strength": -39.801029, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -75.877639, "energy": 87.136203, "activity_lines": [ 7.564667, 8.030545, 9.333, 10.288581 ] }, { "date": "2024-03-01", "close": 7.82, "volume": 1696103, "typical_volume": 1580922.55, "trend": 10.987, "fair_value": 6.432981, "relative_strength": -35.580179, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.073785, "energy": 81.664989, "activity_lines": [ 7.564667, 7.932, 9.060381, 10.080667 ] }, { "date": "2024-03-08", "close": 8.39, "volume": 1799056, "typical_volume": 1578337.7, "trend": 10.927667, "fair_value": 6.473942, "relative_strength": -29.394346, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.844275, "energy": 60.47804, "activity_lines": [ 7.815333, 7.960364, 8.873381, 9.913118 ] }, { "date": "2024-03-15", "close": 6.54, "volume": 2617748, "typical_volume": 1648149.7, "trend": 10.788333, "fair_value": 6.503045, "relative_strength": -43.875693, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -82.446539, "energy": 66.806433, "activity_lines": [ 7.440667, 7.660545, 8.538905, 9.630043 ] }, { "date": "2024-03-22", "close": 5.05, "volume": 2901471, "typical_volume": 1747328.1, "trend": 10.568667, "fair_value": 6.523494, "relative_strength": -57.460719, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -90.892545, "energy": 72.95478, "activity_lines": [ 6.628667, 7.139636, 8.10019, 9.259828 ] }, { "date": "2024-03-29", "close": 5.33, "volume": 2501707, "typical_volume": 1778159.2, "trend": 10.372, "fair_value": 6.545032, "relative_strength": -54.306633, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -81.490421, "energy": 75.814805, "activity_lines": [ 6.071333, 6.730727, 7.729524, 8.921849 ] }, { "date": "2024-04-05", "close": 5.08, "volume": 2028500, "typical_volume": 1826313.75, "trend": 10.165, "fair_value": 6.564391, "relative_strength": -55.547167, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -77.472157, "energy": 89.627312, "activity_lines": [ 5.556, 6.341091, 7.367905, 8.58043 ] }, { "date": "2024-04-12", "close": 4.71, "volume": 1364923, "typical_volume": 1864611.7, "trend": 9.92, "fair_value": 6.581314, "relative_strength": -58.056415, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -77.50681, "energy": 90.861844, "activity_lines": [ 5.1, 5.950545, 7.007381, 8.228495 ] }, { "date": "2024-04-19", "close": 4.82, "volume": 1173341, "typical_volume": 1838334.9, "trend": 9.664333, "fair_value": 6.599391, "relative_strength": -54.097876, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -72.093821, "energy": 85.271333, "activity_lines": [ 4.926, 5.644545, 6.698476, 7.899462 ] }, { "date": "2024-04-26", "close": 5.17, "volume": 1382345, "typical_volume": 1859798.0, "trend": 9.356, "fair_value": 6.619263, "relative_strength": -52.156662, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.496347, "energy": 68.384082, "activity_lines": [ 4.983333, 5.449636, 6.461762, 7.609505 ] }, { "date": "2024-05-03", "close": 5.17, "volume": 1455867, "typical_volume": 1812883.2, "trend": 9.057667, "fair_value": 6.637212, "relative_strength": -52.20747, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.424262, "energy": 64.478405, "activity_lines": [ 5.032667, 5.296545, 6.256143, 7.339441 ] }, { "date": "2024-05-10", "close": 6.27, "volume": 2596914, "typical_volume": 1748155.1, "trend": 8.786667, "fair_value": 6.664071, "relative_strength": -42.264743, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -51.228557, "energy": 49.41673, "activity_lines": [ 5.459333, 5.380545, 6.178524, 7.159591 ] }, { "date": "2024-05-17", "close": 6.07, "volume": 2398478, "typical_volume": 1756012.4, "trend": 8.508333, "fair_value": 6.689391, "relative_strength": -44.810419, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -44.917411, "energy": 36.641335, "activity_lines": [ 5.74, 5.456364, 6.095333, 6.984323 ] }, { "date": "2024-05-24", "close": 7.135, "volume": 4104142, "typical_volume": 1859167.85, "trend": 8.2645, "fair_value": 6.719615, "relative_strength": -35.606153, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -27.035723, "energy": 23.302092, "activity_lines": [ 6.285, 5.768, 6.126762, 6.89572 ] }, { "date": "2024-05-31", "close": 8.97, "volume": 4726981, "typical_volume": 1991517.9, "trend": 8.1055, "fair_value": 6.759359, "relative_strength": -17.489989, "stage": 1, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": 21.29223, "energy": 31.96205, "activity_lines": [ 7.287333, 6.402455, 6.343167, 6.941237 ] }, { "date": "2024-06-07", "close": 8.24, "volume": 3761034, "typical_volume": 2120943.1, "trend": 7.9725, "fair_value": 6.79391, "relative_strength": -25.904725, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "down", "direction": 12.975446, "energy": 34.26989, "activity_lines": [ 7.793, 6.832909, 6.487381, 6.949914 ] }, { "date": "2024-06-14", "close": 7.64, "volume": 1403757, "typical_volume": 2131138.9, "trend": 7.8035, "fair_value": 6.827308, "relative_strength": -33.271284, "stage": 4, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 24.54722, "energy": 41.275562, "activity_lines": [ 7.894, 7.101364, 6.577548, 6.928462 ] }, { "date": "2024-06-21", "close": 7.61, "volume": 2053408, "typical_volume": 2178199.2, "trend": 7.612167, "fair_value": 6.858077, "relative_strength": -33.228558, "stage": 4, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 24.815835, "energy": 46.01864, "activity_lines": [ 7.893667, 7.317818, 6.670048, 6.915978 ] }, { "date": "2024-06-28", "close": 7.77, "volume": 2861137, "typical_volume": 2246002.95, "trend": 7.4385, "fair_value": 6.890705, "relative_strength": -31.385683, "stage": 4, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 22.026357, "energy": 41.186192, "activity_lines": [ 7.844, 7.510636, 6.780881, 6.926161 ] }, { "date": "2024-07-05", "close": 7.39, "volume": 1856646, "typical_volume": 2279516.15, "trend": 7.294833, "fair_value": 6.919583, "relative_strength": -36.502022, "stage": 4, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 16.038998, "energy": 19.097157, "activity_lines": [ 7.625333, 7.580727, 6.853905, 6.923032 ] }, { "date": "2024-07-12", "close": 8.16, "volume": 2457312, "typical_volume": 2357043.5, "trend": 7.231833, "fair_value": 6.950994, "relative_strength": -29.31088, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 34.035829, "energy": 25.464946, "activity_lines": [ 7.768667, 7.750455, 7.000643, 6.978849 ] }, { "date": "2024-07-19", "close": 8.64, "volume": 2905982, "typical_volume": 2417537.45, "trend": 7.2165, "fair_value": 6.987276, "relative_strength": -21.686927, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": 38.909214, "energy": 31.36861, "activity_lines": [ 8.077333, 7.953091, 7.188571, 7.069699 ] }, { "date": "2024-07-26", "close": 8.105, "volume": 2171741, "typical_volume": 2436171.7, "trend": 7.192, "fair_value": 7.019615, "relative_strength": -24.249337, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": 26.617985, "energy": 26.575202, "activity_lines": [ 8.141, 8.015364, 7.321643, 7.127022 ] }, { "date": "2024-08-02", "close": 7.05, "volume": 2226326, "typical_volume": 2416600.6, "trend": 7.117667, "fair_value": 7.046923, "relative_strength": -31.45271, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 38.099003, "energy": 25.479628, "activity_lines": [ 7.82, 7.848818, 7.355595, 7.11786 ] }, { "date": "2024-08-09", "close": 5.73, "volume": 5080663, "typical_volume": 2525560.2, "trend": 7.028333, "fair_value": 7.068654, "relative_strength": -43.773499, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -15.684648, "energy": 12.174533, "activity_lines": [ 7.107, 7.443818, 7.261405, 7.028333 ] }, { "date": "2024-08-16", "close": 5.74, "volume": 3163251, "typical_volume": 2558637.4, "trend": 6.923333, "fair_value": 7.092308, "relative_strength": -45.762199, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -24.39289, "energy": 26.306071, "activity_lines": [ 6.508, 7.099545, 7.164929, 6.945215 ] }, { "date": "2024-08-23", "close": 6.0, "volume": 1822443, "typical_volume": 2548334.55, "trend": 6.832333, "fair_value": 7.116026, "relative_strength": -42.922007, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -21.953959, "energy": 31.853355, "activity_lines": [ 6.157, 6.848, 7.091262, 6.885645 ] }, { "date": "2024-08-30", "close": 6.71, "volume": 1772408, "typical_volume": 2568708.8, "trend": 6.780667, "fair_value": 7.143846, "relative_strength": -34.759381, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -20.39266, "energy": 36.466486, "activity_lines": [ 6.218667, 6.755364, 7.080833, 6.877753 ] }, { "date": "2024-09-06", "close": 5.85, "volume": 1262342, "typical_volume": 2573158.85, "trend": 6.728, "fair_value": 7.165, "relative_strength": -38.670534, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -26.728886, "energy": 45.696221, "activity_lines": [ 6.086667, 6.522727, 6.978976, 6.81771 ] }, { "date": "2024-09-13", "close": 6.39, "volume": 1273392, "typical_volume": 2567711.2, "trend": 6.692, "fair_value": 7.19109, "relative_strength": -35.641289, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -17.253143, "energy": 25.669866, "activity_lines": [ 6.214667, 6.423182, 6.923643, 6.795903 ] }, { "date": "2024-09-20", "close": 6.88, "volume": 1673790, "typical_volume": 2578607.35, "trend": 6.681, "fair_value": 7.220064, "relative_strength": -30.391224, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -2.471334, "energy": 7.200991, "activity_lines": [ 6.462, 6.430909, 6.909167, 6.808032 ] }, { "date": "2024-09-27", "close": 9.7, "volume": 4252451, "typical_volume": 2661384.2, "trend": 6.743667, "fair_value": 7.263077, "relative_strength": -0.952585, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "up", "direction": 59.422814, "energy": 34.921884, "activity_lines": [ 7.573333, 6.974636, 7.155119, 7.002806 ] }, { "date": "2024-10-04", "close": 10.59, "volume": 3111156, "typical_volume": 2697018.1, "trend": 6.817, "fair_value": 7.303462, "relative_strength": 9.819552, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 80.858833, "energy": 70.898503, "activity_lines": [ 8.734667, 7.660909, 7.4695, 7.250957 ] }, { "date": "2024-10-11", "close": 10.39, "volume": 1924302, "typical_volume": 2588026.1, "trend": 6.945333, "fair_value": 7.346795, "relative_strength": 8.389086, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 75.688383, "energy": 82.835634, "activity_lines": [ 9.570667, 8.265636, 7.74331, 7.481473 ] }, { "date": "2024-10-18", "close": 10.29, "volume": 2261130, "typical_volume": 2464733.55, "trend": 7.12, "fair_value": 7.391346, "relative_strength": 9.282656, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 69.666405, "energy": 84.154452, "activity_lines": [ 10.070667, 8.791455, 7.992095, 7.697258 ] }, { "date": "2024-10-25", "close": 10.29, "volume": 2065846, "typical_volume": 2379974.15, "trend": 7.285333, "fair_value": 7.436603, "relative_strength": 11.500143, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.466885, "energy": 82.049259, "activity_lines": [ 10.310667, 9.234364, 8.234595, 7.901774 ] }, { "date": "2024-11-01", "close": 9.7, "volume": 2193720, "typical_volume": 2419472.3, "trend": 7.439333, "fair_value": 7.478718, "relative_strength": 8.798505, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.942833, "energy": 71.683067, "activity_lines": [ 10.126667, 9.487273, 8.411143, 8.057559 ] }, { "date": "2024-11-08", "close": 10.44, "volume": 3492700, "typical_volume": 2491436.9, "trend": 7.630333, "fair_value": 7.528718, "relative_strength": 12.462101, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.800017, "energy": 53.470553, "activity_lines": [ 10.189333, 9.807455, 8.648357, 8.251151 ] }, { "date": "2024-11-15", "close": 12.85, "volume": 6857603, "typical_volume": 2691260.2, "trend": 7.898, "fair_value": 7.596346, "relative_strength": 44.43969, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 85.127203, "energy": 62.288071, "activity_lines": [ 11.065333, 10.498, 9.101619, 8.587903 ] }, { "date": "2024-11-22", "close": 13.34, "volume": 2388273, "typical_volume": 2717841.55, "trend": 8.170333, "fair_value": 7.665064, "relative_strength": 48.510764, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 83.114753, "energy": 70.248135, "activity_lines": [ 11.940667, 11.150364, 9.577357, 8.939 ] }, { "date": "2024-11-29", "close": 12.2, "volume": 1399484, "typical_volume": 2664950.15, "trend": 8.404667, "fair_value": 7.728141, "relative_strength": 36.179853, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 63.512251, "energy": 71.210798, "activity_lines": [ 12.232667, 11.469091, 9.91619, 9.198978 ] }, { "date": "2024-12-06", "close": 12.95, "volume": 1868746, "typical_volume": 2613088.35, "trend": 8.627333, "fair_value": 7.79609, "relative_strength": 40.793608, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 69.560548, "energy": 78.572341, "activity_lines": [ 12.647333, 11.827455, 10.307214, 9.492226 ] }, { "date": "2024-12-13", "close": 12.39, "volume": 2041924, "typical_volume": 2606597.5, "trend": 8.838, "fair_value": 7.861346, "relative_strength": 33.914202, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.514685, "energy": 59.909171, "activity_lines": [ 12.658667, 12.024909, 10.624381, 9.734978 ] }, { "date": "2024-12-20", "close": 10.93, "volume": 2002115, "typical_volume": 2595386.95, "trend": 8.9645, "fair_value": 7.915897, "relative_strength": 21.013609, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 57.382618, "energy": 42.727384, "activity_lines": [ 12.053333, 11.924182, 10.782095, 9.869946 ] }, { "date": "2024-12-27", "close": 11.14, "volume": 740155, "typical_volume": 2378361.55, "trend": 9.036833, "fair_value": 7.971538, "relative_strength": 22.27645, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 44.195281, "energy": 33.303914, "activity_lines": [ 11.646, 11.851818, 10.941333, 10.010301 ] }, { "date": "2025-01-03", "close": 11.74, "volume": 1254131, "typical_volume": 2282905.55, "trend": 9.1535, "fair_value": 8.030513, "relative_strength": 29.978843, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 39.384606, "energy": 25.660534, "activity_lines": [ 11.585333, 11.873091, 11.131952, 10.184699 ] }, { "date": "2025-01-10", "close": 11.85, "volume": 2631725, "typical_volume": 2323369.65, "trend": 9.293833, "fair_value": 8.088846, "relative_strength": 33.743099, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 37.363149, "energy": 22.038588, "activity_lines": [ 11.592, 11.888, 11.304476, 10.358667 ] }, { "date": "2025-01-17", "close": 12.68, "volume": 1905272, "typical_volume": 2330012.85, "trend": 9.462833, "fair_value": 8.154679, "relative_strength": 38.651065, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 49.615185, "energy": 31.529867, "activity_lines": [ 11.948667, 12.014727, 11.52819, 10.577129 ] }, { "date": "2025-01-24", "close": 13.18, "volume": 1685971, "typical_volume": 2351194.3, "trend": 9.643167, "fair_value": 8.223462, "relative_strength": 41.325733, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 64.427487, "energy": 43.530231, "activity_lines": [ 12.452667, 12.191636, 11.771095, 10.816946 ] }, { "date": "2025-01-31", "close": 10.73, "volume": 4576925, "typical_volume": 2516370.95, "trend": 9.7545, "fair_value": 8.276538, "relative_strength": 16.522239, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 44.663209, "energy": 28.218705, "activity_lines": [ 11.99, 11.917091, 11.745762, 10.887065 ] }, { "date": "2025-02-07", "close": 10.76, "volume": 1252689, "typical_volume": 2495315.9, "trend": 9.841167, "fair_value": 8.326987, "relative_strength": 16.266484, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 20.090498, "energy": 14.38489, "activity_lines": [ 11.564667, 11.695455, 11.702619, 10.951935 ] }, { "date": "2025-02-14", "close": 10.91, "volume": 1315790, "typical_volume": 2348482.85, "trend": 9.916833, "fair_value": 8.37391, "relative_strength": 14.20092, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 13.990047, "energy": 11.826657, "activity_lines": [ 11.254667, 11.527273, 11.655286, 11.020892 ] }, { "date": "2025-02-21", "close": 10.99, "volume": 1747330, "typical_volume": 2280291.55, "trend": 10.013, "fair_value": 8.421987, "relative_strength": 17.133914, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 8.356087, "energy": 16.177608, "activity_lines": [ 11.034, 11.410727, 11.60981, 11.090129 ] }, { "date": "2025-02-28", "close": 9.66, "volume": 2715381, "typical_volume": 2319845.5, "trend": 10.1, "fair_value": 8.457244, "relative_strength": 6.43149, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": -10.722383, "energy": 21.870214, "activity_lines": [ 10.482667, 11.077818, 11.435762, 11.067355 ] }, { "date": "2025-03-07", "close": 8.78, "volume": 2298032, "typical_volume": 2321690.6, "trend": 10.201667, "fair_value": 8.488654, "relative_strength": 0.1056, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -39.375145, "energy": 50.305799, "activity_lines": [ 9.872667, 10.608, 11.181381, 10.982194 ] }, { "date": "2025-03-14", "close": 11.11, "volume": 4660640, "typical_volume": 2451430.3, "trend": 10.380667, "fair_value": 8.536474, "relative_strength": 28.763659, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -19.120529, "energy": 30.409223, "activity_lines": [ 10.169333, 10.604727, 11.156095, 11.040796 ] }, { "date": "2025-03-21", "close": 12.78, "volume": 4823521, "typical_volume": 2582920.35, "trend": 10.606667, "fair_value": 8.592308, "relative_strength": 45.390653, "stage": 2, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "up", "direction": 37.027882, "energy": 18.339355, "activity_lines": [ 10.999333, 10.916545, 11.285952, 11.195591 ] }, { "date": "2025-03-28", "close": 12.51, "volume": 3086446, "typical_volume": 2562607.65, "trend": 10.8, "fair_value": 8.650385, "relative_strength": 43.516976, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 41.003786, "energy": 22.778845, "activity_lines": [ 11.614667, 11.162364, 11.375429, 11.318387 ] }, { "date": "2025-04-04", "close": 10.3, "volume": 3376244, "typical_volume": 2388539.7, "trend": 10.948333, "fair_value": 8.691154, "relative_strength": 29.390047, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 11.257807, "energy": 14.841716, "activity_lines": [ 11.392, 11.009455, 11.244571, 11.286129 ] }, { "date": "2025-04-11", "close": 13.36, "volume": 6917738, "typical_volume": 2615012.95, "trend": 11.180667, "fair_value": 8.743333, "relative_strength": 53.202909, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 50.634641, "energy": 32.739708, "activity_lines": [ 12.146667, 11.465273, 11.417286, 11.44172 ] }, { "date": "2025-04-18", "close": 14.37, "volume": 4169724, "typical_volume": 2753524.95, "trend": 11.430333, "fair_value": 8.80891, "relative_strength": 65.186476, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 68.509755, "energy": 56.769694, "activity_lines": [ 12.932667, 12.056909, 11.686095, 11.647484 ] }, { "date": "2025-04-25", "close": 14.69, "volume": 3579033, "typical_volume": 2839039.3, "trend": 11.596667, "fair_value": 8.875769, "relative_strength": 55.786433, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 69.105009, "energy": 63.087968, "activity_lines": [ 13.608, 12.641091, 11.975048, 11.857785 ] }, { "date": "2025-05-02", "close": 14.66, "volume": 3063402, "typical_volume": 2890113.2, "trend": 11.732333, "fair_value": 8.942244, "relative_strength": 47.724582, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 67.843028, "energy": 72.069026, "activity_lines": [ 14.146, 13.151091, 12.252857, 12.055419 ] }, { "date": "2025-05-09", "close": 15.31, "volume": 2433941, "typical_volume": 2911704.5, "trend": 11.896333, "fair_value": 9.012692, "relative_strength": 52.082131, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 69.247989, "energy": 74.431055, "activity_lines": [ 14.757333, 13.712545, 12.581762, 12.286237 ] }, { "date": "2025-05-16", "close": 19.23, "volume": 6792107, "typical_volume": 3214302.1, "trend": 12.194333, "fair_value": 9.108654, "relative_strength": 74.927881, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 90.037273, "energy": 85.85944, "activity_lines": [ 16.341333, 14.884, 13.263143, 12.759376 ] }, { "date": "2025-05-23", "close": 17.45, "volume": 5770431, "typical_volume": 3440117.1, "trend": 12.433, "fair_value": 9.189744, "relative_strength": 59.849351, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 71.272613, "energy": 77.114119, "activity_lines": [ 16.940667, 15.541818, 13.736476, 13.098452 ] }, { "date": "2025-05-30", "close": 17.25, "volume": 3060695, "typical_volume": 3461565.6, "trend": 12.684667, "fair_value": 9.267115, "relative_strength": 53.197763, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.242682, "energy": 73.098236, "activity_lines": [ 17.268, 16.048, 14.163571, 13.409226 ] }, { "date": "2025-06-06", "close": 17.32, "volume": 3696122, "typical_volume": 3551108.1, "trend": 12.914, "fair_value": 9.336154, "relative_strength": 48.733002, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.279984, "energy": 63.038991, "activity_lines": [ 17.448, 16.485636, 14.571619, 13.70828 ] }, { "date": "2025-06-13", "close": 16.18, "volume": 3241807, "typical_volume": 3628899.9, "trend": 13.025, "fair_value": 9.40109, "relative_strength": 37.953563, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 59.050292, "energy": 46.581919, "activity_lines": [ 17.070667, 16.628545, 14.849, 13.918989 ] }, { "date": "2025-06-20", "close": 15.32, "volume": 2436704, "typical_volume": 3521888.85, "trend": 13.091, "fair_value": 9.461603, "relative_strength": 29.187126, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 44.410009, "energy": 32.808169, "activity_lines": [ 16.348667, 16.508182, 15.03019, 14.067054 ] }, { "date": "2025-06-27", "close": 15.34, "volume": 4517628, "typical_volume": 3685135.8, "trend": 13.195667, "fair_value": 9.522692, "relative_strength": 22.974318, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 38.659027, "energy": 24.007336, "activity_lines": [ 15.894, 16.355818, 15.191429, 14.212151 ] }, { "date": "2025-07-04", "close": 16.2, "volume": 2330018, "typical_volume": 3735847.2, "trend": 13.304, "fair_value": 9.588205, "relative_strength": 26.45863, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 35.120404, "energy": 20.614196, "activity_lines": [ 15.866667, 16.342182, 15.412762, 14.405978 ] }, { "date": "2025-07-11", "close": 16.02, "volume": 2936714, "typical_volume": 3795316.4, "trend": 13.425, "fair_value": 9.649808, "relative_strength": 24.230999, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 34.531715, "energy": 20.266702, "activity_lines": [ 15.849333, 16.268364, 15.591762, 14.581204 ] }, { "date": "2025-07-18", "close": 15.79, "volume": 2735916, "typical_volume": 3796343.15, "trend": 13.587, "fair_value": 9.711731, "relative_strength": 19.930692, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 34.233887, "energy": 19.959721, "activity_lines": [ 15.842, 16.128, 15.724905, 14.733785 ] }, { "date": "2025-07-25", "close": 16.19, "volume": 3200370, "typical_volume": 3841460.05, "trend": 13.755333, "fair_value": 9.772628, "relative_strength": 20.77211, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 37.662617, "energy": 22.704188, "activity_lines": [ 15.994, 16.051636, 15.866952, 14.90172 ] }, { "date": "2025-08-01", "close": 16.93, "volume": 3291963, "typical_volume": 3773026.2, "trend": 13.928333, "fair_value": 9.839808, "relative_strength": 27.608981, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 54.269177, "energy": 30.345744, "activity_lines": [ 16.334667, 16.165091, 16.04419, 15.106538 ] }, { "date": "2025-08-08", "close": 21.22, "volume": 4510210, "typical_volume": 3757360.65, "trend": 14.240667, "fair_value": 9.928846, "relative_strength": 51.258868, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 81.214166, "energy": 61.733789, "activity_lines": [ 17.999333, 17.068, 16.602286, 15.576968 ] }, { "date": "2025-08-15", "close": 16.37, "volume": 6911915, "typical_volume": 3948634.1, "trend": 14.363667, "fair_value": 9.986667, "relative_strength": 14.660312, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 54.602828, "energy": 46.997026, "activity_lines": [ 17.712667, 17.016909, 16.658286, 15.714344 ] }, { "date": "2025-08-22", "close": 16.19, "volume": 3946619, "typical_volume": 3977152.85, "trend": 14.464, "fair_value": 10.043077, "relative_strength": 13.080404, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 53.270614, "energy": 43.938047, "activity_lines": [ 17.342667, 16.950364, 16.678762, 15.832172 ] }, { "date": "2025-08-29", "close": 16.31, "volume": 2027346, "typical_volume": 3732633.25, "trend": 14.65, "fair_value": 10.105321, "relative_strength": 12.979895, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 50.004186, "energy": 31.849732, "activity_lines": [ 16.986, 16.905455, 16.682619, 15.951269 ] }, { "date": "2025-09-05", "close": 17.04, "volume": 2164802, "typical_volume": 3632387.15, "trend": 14.859333, "fair_value": 10.174679, "relative_strength": 15.432325, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 35.217064, "energy": 18.433993, "activity_lines": [ 16.864667, 16.975273, 16.741952, 16.105462 ] }, { "date": "2025-09-12", "close": 17.75, "volume": 2334938, "typical_volume": 3570182.4, "trend": 15.087333, "fair_value": 10.251859, "relative_strength": 16.604748, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 43.06288, "energy": 19.560891, "activity_lines": [ 16.972667, 17.143273, 16.85619, 16.291957 ] }, { "date": "2025-09-19", "close": 19.49, "volume": 2679626, "typical_volume": 3550993.6, "trend": 15.370667, "fair_value": 10.343013, "relative_strength": 23.658417, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 68.746942, "energy": 38.650577, "activity_lines": [ 17.892, 17.599455, 17.121571, 16.576 ] }, { "date": "2025-09-26", "close": 19.14, "volume": 2923786, "typical_volume": 3575485.85, "trend": 15.686667, "fair_value": 10.429679, "relative_strength": 20.918834, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 64.243816, "energy": 55.547436, "activity_lines": [ 18.486667, 17.928909, 17.330619, 16.819183 ] }, { "date": "2025-10-03", "close": 19.28, "volume": 3583262, "typical_volume": 3415043.6, "trend": 16.036667, "fair_value": 10.510769, "relative_strength": 19.472176, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.842154, "energy": 61.847052, "activity_lines": [ 18.931333, 18.222909, 17.534762, 17.051011 ] }, { "date": "2025-10-10", "close": 20.26, "volume": 2467903, "typical_volume": 3249917.2, "trend": 16.341667, "fair_value": 10.599038, "relative_strength": 27.251322, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 70.9164, "energy": 68.485661, "activity_lines": [ 19.504667, 18.638909, 17.832, 17.323484 ] }, { "date": "2025-10-17", "close": 19.75, "volume": 2749190, "typical_volume": 3234341.95, "trend": 16.574, "fair_value": 10.682436, "relative_strength": 20.076813, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 61.718786, "energy": 57.110095, "activity_lines": [ 19.693333, 18.901636, 18.067286, 17.543376 ] }, { "date": "2025-10-24", "close": 20.63, "volume": 2496552, "typical_volume": 3174363.45, "trend": 16.844667, "fair_value": 10.766923, "relative_strength": 21.672403, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 67.749868, "energy": 54.912459, "activity_lines": [ 20.042, 19.351091, 18.374476, 17.805054 ] }, { "date": "2025-10-31", "close": 21.63, "volume": 1811464, "typical_volume": 3102846.3, "trend": 17.222333, "fair_value": 10.853782, "relative_strength": 23.896034, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 73.166389, "energy": 60.738873, "activity_lines": [ 20.648, 19.904909, 18.761143, 18.113785 ] }, { "date": "2025-11-07", "close": 19.67, "volume": 1666761, "typical_volume": 3064349.15, "trend": 17.432667, "fair_value": 10.935192, "relative_strength": 15.294673, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 60.066529, "energy": 44.531953, "activity_lines": [ 20.434667, 20.003455, 18.93519, 18.271699 ] }, { "date": "2025-11-14", "close": 20.34, "volume": 4926975, "typical_volume": 3084816.5, "trend": 17.631667, "fair_value": 11.014167, "relative_strength": 18.790699, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 58.005374, "energy": 42.046083, "activity_lines": [ 20.418667, 20.162727, 19.152333, 18.459269 ] }, { "date": "2025-11-21", "close": 19.21, "volume": 2872122, "typical_volume": 3111921.7, "trend": 17.782333, "fair_value": 11.073397, "relative_strength": 15.287599, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 43.153323, "energy": 29.164954, "activity_lines": [ 20.020667, 20.056545, 19.238048, 18.561097 ] }, { "date": "2025-11-28", "close": 20.39, "volume": 2118924, "typical_volume": 3071032.2, "trend": 17.973333, "fair_value": 11.139231, "relative_strength": 15.903291, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 42.96555, "energy": 23.974681, "activity_lines": [ 20.052, 20.138364, 19.42181, 18.729333 ] }, { "date": "2025-12-05", "close": 19.95, "volume": 2378337, "typical_volume": 3053153.25, "trend": 18.128, "fair_value": 11.2125, "relative_strength": 11.730594, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 37.461645, "energy": 21.082087, "activity_lines": [ 19.952667, 20.123818, 19.542857, 18.85686 ] }, { "date": "2025-12-12", "close": 22.3, "volume": 2611158, "typical_volume": 3023692.65, "trend": 18.230333, "fair_value": 11.295513, "relative_strength": 26.212062, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 64.319228, "energy": 35.182514, "activity_lines": [ 20.748667, 20.521818, 19.867905, 19.126022 ] }, { "date": "2025-12-19", "close": 19.28, "volume": 4410207, "typical_volume": 3079604.85, "trend": 18.291333, "fair_value": 11.346667, "relative_strength": 7.788922, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 46.582871, "energy": 25.662488, "activity_lines": [ 20.362667, 20.315818, 19.876238, 19.193742 ] }, { "date": "2025-12-26", "close": 19.32, "volume": 2115918, "typical_volume": 2959890.25, "trend": 18.360333, "fair_value": 11.406474, "relative_strength": 6.021252, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 34.555502, "energy": 17.824316, "activity_lines": [ 20.060667, 20.134909, 19.87719, 19.260108 ] }, { "date": "2026-01-02", "close": 19.36, "volume": 978130, "typical_volume": 2663201.0, "trend": 18.428333, "fair_value": 11.468974, "relative_strength": 7.482532, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 32.132459, "energy": 14.824797, "activity_lines": [ 19.764667, 19.969091, 19.891, 19.324602 ] }, { "date": "2026-01-09", "close": 19.57, "volume": 2664104, "typical_volume": 2599075.25, "trend": 18.541333, "fair_value": 11.532051, "relative_strength": 5.766126, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 17.850644, "energy": 12.245957, "activity_lines": [ 19.607333, 19.864545, 19.910571, 19.398258 ] }, { "date": "2026-01-16", "close": 20.21, "volume": 4263140, "typical_volume": 2710864.95, "trend": 18.704333, "fair_value": 11.6025, "relative_strength": 9.594081, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 22.350404, "energy": 11.350698, "activity_lines": [ 19.688667, 19.913818, 19.975, 19.505914 ] }, { "date": "2026-01-23", "close": 20.0, "volume": 1780153, "typical_volume": 2691632.5, "trend": 18.859667, "fair_value": 11.678397, "relative_strength": 7.705094, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 19.929057, "energy": 8.424775, "activity_lines": [ 19.839333, 19.915091, 20.000857, 19.589505 ] }, { "date": "2026-01-30", "close": 18.49, "volume": 2480100, "typical_volume": 2698890.6, "trend": 18.936, "fair_value": 11.738782, "relative_strength": -0.871378, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 7.482554, "energy": 5.355039, "activity_lines": [ 19.438667, 19.648, 19.86881, 19.565656 ] }, { "date": "2026-02-06", "close": 20.06, "volume": 3346563, "typical_volume": 2732237.45, "trend": 19.070667, "fair_value": 11.816474, "relative_strength": 8.848287, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 20.230236, "energy": 8.063359, "activity_lines": [ 19.616667, 19.679455, 19.882762, 19.638172 ] }, { "date": "2026-02-13", "close": 20.09, "volume": 2808145, "typical_volume": 2726455.4, "trend": 19.214, "fair_value": 11.894679, "relative_strength": 9.505278, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 31.129615, "energy": 11.597642, "activity_lines": [ 19.758, 19.722364, 19.896857, 19.703935 ] }, { "date": "2026-02-20", "close": 18.4, "volume": 1486541, "typical_volume": 2621619.35, "trend": 19.287667, "fair_value": 11.964167, "relative_strength": -1.415483, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 6.185761, "energy": 8.728125, "activity_lines": [ 19.301333, 19.455455, 19.745476, 19.651419 ] }, { "date": "2026-02-27", "close": 18.18, "volume": 1581619, "typical_volume": 2577305.15, "trend": 19.329333, "fair_value": 12.029423, "relative_strength": -3.009419, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -23.212151, "energy": 19.744957, "activity_lines": [ 18.892, 19.219455, 19.577333, 19.579957 ] }, { "date": "2026-03-06", "close": 19.69, "volume": 2635660, "typical_volume": 2571628.65, "trend": 19.278333, "fair_value": 12.103846, "relative_strength": 5.389508, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -12.803147, "energy": 14.328842, "activity_lines": [ 19.107333, 19.278, 19.562905, 19.603226 ] }, { "date": "2026-03-13", "close": 17.1, "volume": 5183877, "typical_volume": 2705994.9, "trend": 19.302667, "fair_value": 12.162692, "relative_strength": -7.857898, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -30.005588, "energy": 35.776817, "activity_lines": [ 18.379333, 18.858909, 19.302095, 19.462688 ] }, { "date": "2026-03-20", "close": 15.72, "volume": 6079660, "typical_volume": 2919404.7, "trend": 19.287, "fair_value": 12.210705, "relative_strength": -13.612789, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -69.085741, "energy": 61.359731, "activity_lines": [ 17.388667, 18.23, 18.926667, 19.231548 ] }, { "date": "2026-03-27", "close": 17.57, "volume": 6438103, "typical_volume": 3157971.8, "trend": 19.329, "fair_value": 12.264423, "relative_strength": -0.497967, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -53.849263, "energy": 52.063891, "activity_lines": [ 17.306, 18.007455, 18.755571, 19.120774 ] }, { "date": "2026-04-03", "close": 15.83, "volume": 3941204, "typical_volume": 3108683.25, "trend": 19.288667, "fair_value": 12.308141, "relative_strength": -13.920491, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.420503, "energy": 63.016586, "activity_lines": [ 16.698667, 17.516545, 18.428762, 18.895032 ] }, { "date": "2026-04-10", "close": 15.2, "volume": 3336675, "typical_volume": 3131910.9, "trend": 19.203667, "fair_value": 12.349744, "relative_strength": -20.648622, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.006518, "energy": 65.638496, "activity_lines": [ 16.038, 16.986909, 18.063429, 18.631247 ] }, { "date": "2026-04-17", "close": 15.75, "volume": 5095156, "typical_volume": 3280722.5, "trend": 19.079, "fair_value": 12.396026, "relative_strength": -22.171468, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.984367, "energy": 54.167865, "activity_lines": [ 15.86, 16.617091, 17.769571, 18.40843 ] }, { "date": "2026-04-24", "close": 15.97, "volume": 4554387, "typical_volume": 3389525.0, "trend": 18.973333, "fair_value": 12.446859, "relative_strength": -22.443866, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -58.244982, "energy": 51.353188, "activity_lines": [ 15.845333, 16.365636, 17.518762, 18.207849 ] }, { "date": "2026-05-01", "close": 15.62, "volume": 4429734, "typical_volume": 3480453.8, "trend": 18.851333, "fair_value": 12.497821, "relative_strength": -24.9768, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -58.337744, "energy": 45.588963, "activity_lines": [ 15.697333, 16.125455, 17.253571, 17.991505 ] }, { "date": "2026-05-08", "close": 18.81, "volume": 9714255, "typical_volume": 3745656.2, "trend": 18.803, "fair_value": 12.559551, "relative_strength": -14.0955, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -31.690144, "energy": 19.286496, "activity_lines": [ 16.742667, 16.515818, 17.324, 17.988839 ] }, { "date": "2026-05-15", "close": 18.15, "volume": 4874298, "typical_volume": 3883575.2, "trend": 18.749667, "fair_value": 12.6225, "relative_strength": -16.243928, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -29.219464, "energy": 16.423175, "activity_lines": [ 17.369333, 16.774727, 17.33381, 17.94671 ] }, { "date": "2026-05-22", "close": 17.96, "volume": 3462036, "typical_volume": 4007770.5, "trend": 18.660667, "fair_value": 12.685705, "relative_strength": -17.629985, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -23.846081, "energy": 17.220262, "activity_lines": [ 17.736, 17.027091, 17.331095, 17.895763 ] }, { "date": "2026-05-29", "close": 19.26, "volume": 2657849, "typical_volume": 4007457.75, "trend": 18.581667, "fair_value": 12.755449, "relative_strength": -13.756149, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 0.954295, "energy": 14.721567, "activity_lines": [ 18.388667, 17.500182, 17.458857, 17.93443 ] }, { "date": "2026-06-05", "close": 16.66, "volume": 3940305, "typical_volume": 3991316.0, "trend": 18.481333, "fair_value": 12.810385, "relative_strength": -21.422082, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -17.941405, "energy": 13.726793, "activity_lines": [ 17.955333, 17.436182, 17.340476, 17.810452 ] }, { "date": "2026-06-12", "close": 16.44, "volume": 3306268, "typical_volume": 4067621.75, "trend": 18.351333, "fair_value": 12.862821, "relative_strength": -23.818676, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -22.926997, "energy": 10.221114, "activity_lines": [ 17.379333, 17.348727, 17.218048, 17.678753 ] }, { "date": "2026-06-19", "close": 19.45, "volume": 3981913, "typical_volume": 4142712.4, "trend": 18.359333, "fair_value": 12.931859, "relative_strength": -12.051528, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 0.816563, "energy": 4.815771, "activity_lines": [ 17.964667, 17.797455, 17.399238, 17.749634 ] }, { "date": "2026-06-26", "close": 17.53, "volume": 4583132, "typical_volume": 4204540.85, "trend": 18.264, "fair_value": 12.989295, "relative_strength": -16.823562, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -15.480792, "energy": 8.578872, "activity_lines": [ 17.823333, 17.819818, 17.393, 17.696129 ] }, { "date": "2026-07-03", "close": 16.25, "volume": 3875564, "typical_volume": 4257911.8, "trend": 18.140667, "fair_value": 13.036987, "relative_strength": -23.236629, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -39.085269, "energy": 17.267819, "activity_lines": [ 17.284, 17.577091, 17.276905, 17.566194 ] }, { "date": "2026-07-10", "close": 16.33, "volume": 3476507, "typical_volume": 4357410.1, "trend": 17.941667, "fair_value": 13.085833, "relative_strength": -23.910995, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -39.230576, "energy": 17.799679, "activity_lines": [ 16.972, 17.343818, 17.186714, 17.449376 ] }, { "date": "2026-07-17", "close": 15.98, "volume": 3178536, "typical_volume": 4437255.95, "trend": 17.831667, "fair_value": 13.130641, "relative_strength": -22.043721, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -52.476223, "energy": 33.192415, "activity_lines": [ 16.565333, 17.034, 17.073048, 17.322817 ] }, { "date": "2026-07-24", "close": 15.24, "volume": 2859191, "typical_volume": 4448432.5, "trend": 17.695667, "fair_value": 13.172372, "relative_strength": -24.129997, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -57.339433, "energy": 47.698645, "activity_lines": [ 15.942667, 16.641091, 16.899381, 17.155613 ] }, { "date": "2026-07-31", "close": 14.22, "volume": 4587481, "typical_volume": 4418612.7, "trend": 17.524333, "fair_value": 13.202692, "relative_strength": -29.130099, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.641911, "energy": 58.150292, "activity_lines": [ 15.260667, 16.115636, 16.649762, 16.931376 ] }, { "date": "2026-08-07", "close": 14.76, "volume": 3847806, "typical_volume": 4307020.0, "trend": 17.364, "fair_value": 13.232115, "relative_strength": -29.226556, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.797306, "energy": 62.337479, "activity_lines": [ 14.979333, 15.756364, 16.465286, 16.753032 ] } ], "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." } } }