{ "ticker": { "uuid": "5c3b941c-4318-445e-9bbc-6dc6a1b80a0f", "symbol": "LPLA", "name": "WisdomTree Platinum 2x Daily Leveraged", "exchange": "MIL", "country": "IT", "assetType": "etf" }, "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.", "analysis": { "eligible": true, "as_of": "2026-08-07", "benchmark": "FTSEMIB.MI", "stage": 4, "stage_name": "Declining", "phase": "4b", "phase_label": "Stage 4B \u00b7 Declining", "transition": "stage_4_declining", "transition_label": "Stage 4 decline intact", "confidence": 96.0, "architecture_regime": "downward_expansion", "architecture_regime_label": "Downward Expansion", "architecture_modifier": "Established contraction", "architecture_gate": "down", "architecture_direction": -54.477, "architecture_energy": 55.563, "architecture_maturity": 91.079, "architecture_confidence": 70.728, "architecture_tenure": "Developing", "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": 13.81, "rotation_up": 27.32, "upward_expansion": 21.61, "deceleration": 66.52, "rotation_down": 50.81, "downward_expansion": 73.94 }, "activity_lines": [ 2.6229, 2.614355, 2.967152, 3.323415 ], "activity_state": "Wide", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": -0.666667 }, "latest_close": 2.865, "trend_reference": 3.94085, "distance_from_trend": -0.272999, "trend_direction": "Weakening", "fair_value": 2.411334, "distance_from_fair_value": 0.188139, "fair_value_direction": "Weakening", "relative_strength": -36.156849, "relative_strength_direction": "Weakening", "price_momentum": -0.365308, "excess_performance": -0.5362, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.272999, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.127802, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.188139, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.556309, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.361568, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.341449, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.365308, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.743361, "read": "Supply-led" } ], "volume": { "latest": 897588, "relative_activity": 2.336883, "balance": 0.743361, "dry_up": 1.738208, "accumulation_observations": 2, "distribution_observations": 4 }, "risk": { "range_context": 0.12152, "annualized_volatility": 0.613896, "from_high_reference": -0.70277, "from_low_reference": 0.23385 }, "levels": { "trend_reference": 3.94085, "fair_value_reference": 2.411334, "structural_low": 2.322, "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": 28, "median_return": 0.0547, "positive_rate": 0.642857, "directional_follow_through": 0.357143, "median_excess_return": -0.00084, "regime_survival": 0.678571, "best_return": 0.361592, "worst_return": -0.261532, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 11, "median_return": 0.011799, "positive_rate": 0.545455, "directional_follow_through": 0.454545, "median_excess_return": -0.007116, "regime_survival": 0.454545, "best_return": 1.231513, "worst_return": -0.191775, "sufficient": true }, { "horizon": "Extended", "sample_count": 7, "median_return": 0.000388, "positive_rate": 0.571429, "directional_follow_through": 0.428571, "median_excess_return": -0.040864, "regime_survival": 0.285714, "best_return": 1.726114, "worst_return": -0.275535, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 4, "median_return": -0.025443, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": -0.211681, "regime_survival": 0.5, "best_return": 0.707501, "worst_return": -0.313695, "sufficient": false } ], "ledger": [ { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-01-31", "end": "2025-02-07", "tenure": "New", "return": -0.020298, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-02-14", "end": "2025-02-28", "tenure": "New", "return": -0.147668, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-03-07", "end": "2025-04-04", "tenure": "Developing", "return": -0.136853, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-04-11", "end": "2025-05-30", "tenure": "Developing", "return": 0.235788, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-06-06", "end": "2025-06-13", "tenure": "New", "return": 0.045107, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-06-20", "end": "2025-08-15", "tenure": "Developing", "return": 0.109518, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-08-22", "end": "2025-09-19", "tenure": "Developing", "return": 0.039985, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-09-26", "end": "2025-11-14", "tenure": "Developing", "return": -0.05191, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-11-21", "end": "2025-12-05", "tenure": "New", "return": 0.163619, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-12-12", "end": "2026-02-13", "tenure": "Developing", "return": 0.142292, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-02-20", "end": "2026-04-03", "tenure": "Developing", "return": -0.190525, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2026-04-10", "end": "2026-05-01", "tenure": "New", "return": -0.09546, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-05-08", "end": "2026-05-15", "tenure": "New", "return": -0.05037, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-05-22", "end": "2026-08-07", "tenure": "Developing", "return": -0.214853, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 1.6092, "volume": 218758, "typical_volume": 332219.85, "trend": 1.937527, "fair_value": 2.281745, "relative_strength": -25.973239, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.625352, "energy": 58.784449, "activity_lines": [ 1.634613, 1.66968, 1.812633, 1.882502 ] }, { "date": "2023-08-25", "close": 1.732, "volume": 466527, "typical_volume": 345351.65, "trend": 1.925177, "fair_value": 2.278091, "relative_strength": -21.254085, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -60.442881, "energy": 48.674233, "activity_lines": [ 1.657307, 1.676229, 1.79235, 1.869242 ] }, { "date": "2023-09-01", "close": 1.859, "volume": 646985, "typical_volume": 369631.8, "trend": 1.92109, "fair_value": 2.276617, "relative_strength": -16.654317, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -45.317029, "energy": 31.168171, "activity_lines": [ 1.725267, 1.708698, 1.78554, 1.864973 ] }, { "date": "2023-09-08", "close": 1.575, "volume": 742336, "typical_volume": 377549.4, "trend": 1.91109, "fair_value": 2.271972, "relative_strength": -27.920721, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -59.078064, "energy": 34.692326, "activity_lines": [ 1.688253, 1.686396, 1.753131, 1.842644 ] }, { "date": "2023-09-15", "close": 1.6998, "volume": 726429, "typical_volume": 406077.15, "trend": 1.90959, "fair_value": 2.268417, "relative_strength": -23.527739, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -40.477441, "energy": 23.732132, "activity_lines": [ 1.696613, 1.687735, 1.737156, 1.829013 ] }, { "date": "2023-09-22", "close": 1.7214, "volume": 911676, "typical_volume": 444288.9, "trend": 1.908797, "fair_value": 2.267453, "relative_strength": -21.246112, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -38.334434, "energy": 22.930403, "activity_lines": [ 1.705413, 1.691571, 1.726029, 1.816871 ] }, { "date": "2023-09-29", "close": 1.6464, "volume": 613632, "typical_volume": 462627.15, "trend": 1.898017, "fair_value": 2.264808, "relative_strength": -23.273698, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -55.918847, "energy": 35.567836, "activity_lines": [ 1.681733, 1.68352, 1.710089, 1.799943 ] }, { "date": "2023-10-06", "close": 1.5176, "volume": 696876, "typical_volume": 489113.35, "trend": 1.884977, "fair_value": 2.261597, "relative_strength": -27.435327, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.442735, "energy": 43.191791, "activity_lines": [ 1.620827, 1.654407, 1.684839, 1.7754 ] }, { "date": "2023-10-13", "close": 1.524, "volume": 758147, "typical_volume": 515417.8, "trend": 1.870977, "fair_value": 2.25906, "relative_strength": -27.554288, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.623829, "energy": 55.821146, "activity_lines": [ 1.584813, 1.629855, 1.663856, 1.752111 ] }, { "date": "2023-10-20", "close": 1.6084, "volume": 566359, "typical_volume": 532865.25, "trend": 1.859297, "fair_value": 2.255812, "relative_strength": -20.442379, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -56.263896, "energy": 52.245655, "activity_lines": [ 1.580333, 1.622604, 1.653768, 1.73517 ] }, { "date": "2023-10-27", "close": 1.6108, "volume": 507786, "typical_volume": 550902.35, "trend": 1.846457, "fair_value": 2.254322, "relative_strength": -19.439914, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -55.254467, "energy": 47.915012, "activity_lines": [ 1.582747, 1.615607, 1.64588, 1.719138 ] }, { "date": "2023-11-03", "close": 1.6914, "volume": 762054, "typical_volume": 562556.2, "trend": 1.83547, "fair_value": 2.252429, "relative_strength": -18.838659, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -49.647661, "energy": 29.420424, "activity_lines": [ 1.6194, 1.623236, 1.64766, 1.709135 ] }, { "date": "2023-11-10", "close": 1.3758, "volume": 978833, "typical_volume": 581636.65, "trend": 1.809213, "fair_value": 2.248479, "relative_strength": -32.720262, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -73.749676, "energy": 42.194209, "activity_lines": [ 1.547853, 1.574222, 1.620317, 1.679478 ] }, { "date": "2023-11-17", "close": 1.5278, "volume": 737471, "typical_volume": 578782.2, "trend": 1.775807, "fair_value": 2.243756, "relative_strength": -27.123074, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -53.894366, "energy": 34.900953, "activity_lines": [ 1.536427, 1.561629, 1.60893, 1.661323 ] }, { "date": "2023-11-24", "close": 1.6436, "volume": 699584, "typical_volume": 598057.6, "trend": 1.754393, "fair_value": 2.23943, "relative_strength": -20.79486, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -48.62375, "energy": 29.132337, "activity_lines": [ 1.563347, 1.570949, 1.609046, 1.652793 ] }, { "date": "2023-12-01", "close": 1.6436, "volume": 346511, "typical_volume": 590216.7, "trend": 1.735497, "fair_value": 2.232559, "relative_strength": -21.328591, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -38.278065, "energy": 25.115313, "activity_lines": [ 1.58792, 1.581291, 1.609054, 1.645645 ] }, { "date": "2023-12-08", "close": 1.6166, "volume": 468482, "typical_volume": 593697.8, "trend": 1.7138, "fair_value": 2.226688, "relative_strength": -22.993796, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -32.708698, "energy": 15.086281, "activity_lines": [ 1.601307, 1.588138, 1.60732, 1.637975 ] }, { "date": "2023-12-15", "close": 1.7038, "volume": 567049, "typical_volume": 605953.05, "trend": 1.69441, "fair_value": 2.220972, "relative_strength": -18.003813, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -15.739163, "energy": 14.818968, "activity_lines": [ 1.648747, 1.611382, 1.61465, 1.637329 ] }, { "date": "2023-12-22", "close": 1.7896, "volume": 415241, "typical_volume": 610271.55, "trend": 1.683263, "fair_value": 2.216492, "relative_strength": -12.972716, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 23.961062, "energy": 23.374283, "activity_lines": [ 1.70292, 1.64684, 1.630153, 1.643471 ] }, { "date": "2023-12-29", "close": 1.8714, "volume": 332143, "typical_volume": 608143.95, "trend": 1.678227, "fair_value": 2.211039, "relative_strength": -7.951619, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 34.637405, "energy": 46.875206, "activity_lines": [ 1.766907, 1.692342, 1.652695, 1.655609 ] }, { "date": "2024-01-05", "close": 1.733, "volume": 252724, "typical_volume": 609842.25, "trend": 1.66836, "fair_value": 2.204212, "relative_strength": -13.955608, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 28.877024, "energy": 46.441596, "activity_lines": [ 1.769573, 1.707898, 1.660756, 1.659142 ] }, { "date": "2024-01-12", "close": 1.5846, "volume": 418467, "typical_volume": 607439.25, "trend": 1.65826, "fair_value": 2.196424, "relative_strength": -20.506234, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 11.582085, "energy": 23.771967, "activity_lines": [ 1.716813, 1.694251, 1.654094, 1.653738 ] }, { "date": "2024-01-19", "close": 1.5082, "volume": 523926, "typical_volume": 601286.3, "trend": 1.652313, "fair_value": 2.187506, "relative_strength": -22.997248, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -24.701552, "energy": 11.611932, "activity_lines": [ 1.64072, 1.668655, 1.640858, 1.644057 ] }, { "date": "2024-01-26", "close": 1.5716, "volume": 286049, "typical_volume": 578471.95, "trend": 1.65046, "fair_value": 2.179817, "relative_strength": -19.344541, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -21.26422, "energy": 21.584465, "activity_lines": [ 1.5988, 1.652178, 1.63533, 1.63885 ] }, { "date": "2024-02-02", "close": 1.5052, "volume": 742589, "typical_volume": 579279.95, "trend": 1.646593, "fair_value": 2.170126, "relative_strength": -23.038812, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -58.958374, "energy": 40.907398, "activity_lines": [ 1.54928, 1.622833, 1.623495, 1.629478 ] }, { "date": "2024-02-09", "close": 1.4228, "volume": 554881, "typical_volume": 561440.2, "trend": 1.633433, "fair_value": 2.155471, "relative_strength": -27.770809, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -71.596378, "energy": 65.503514, "activity_lines": [ 1.496707, 1.581022, 1.604739, 1.61504 ] }, { "date": "2024-02-16", "close": 1.5476, "volume": 527055, "typical_volume": 557111.35, "trend": 1.62582, "fair_value": 2.140068, "relative_strength": -22.529072, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -58.09391, "energy": 59.528546, "activity_lines": [ 1.506413, 1.565916, 1.59929, 1.609502 ] }, { "date": "2024-02-23", "close": 1.5214, "volume": 383194, "typical_volume": 541427.25, "trend": 1.61972, "fair_value": 2.129292, "relative_strength": -25.685441, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -56.355586, "energy": 53.170203, "activity_lines": [ 1.509853, 1.547302, 1.591817, 1.602766 ] }, { "date": "2024-03-01", "close": 1.4574, "volume": 525483, "typical_volume": 529794.05, "trend": 1.613913, "fair_value": 2.119781, "relative_strength": -28.734237, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.466879, "energy": 50.490305, "activity_lines": [ 1.49108, 1.520367, 1.57823, 1.592293 ] }, { "date": "2024-03-08", "close": 1.5168, "volume": 942685, "typical_volume": 548610.35, "trend": 1.611193, "fair_value": 2.108062, "relative_strength": -26.312777, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -52.04479, "energy": 31.170501, "activity_lines": [ 1.49972, 1.510273, 1.570618, 1.586028 ] }, { "date": "2024-03-15", "close": 1.6358, "volume": 626306, "typical_volume": 554536.35, "trend": 1.61208, "fair_value": 2.097106, "relative_strength": -21.095894, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -26.554044, "energy": 15.683938, "activity_lines": [ 1.547253, 1.528262, 1.574775, 1.587615 ] }, { "date": "2024-03-22", "close": 1.4882, "volume": 707291, "typical_volume": 551798.2, "trend": 1.603953, "fair_value": 2.085601, "relative_strength": -28.330649, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -41.339081, "energy": 21.290226, "activity_lines": [ 1.531387, 1.521182, 1.564756, 1.579623 ] }, { "date": "2024-03-29", "close": 1.5368, "volume": 294778, "typical_volume": 517595.45, "trend": 1.593213, "fair_value": 2.073295, "relative_strength": -26.164612, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -32.897944, "energy": 15.710965, "activity_lines": [ 1.53568, 1.524691, 1.560333, 1.575291 ] }, { "date": "2024-04-05", "close": 1.5906, "volume": 828348, "typical_volume": 522139.3, "trend": 1.593733, "fair_value": 2.061946, "relative_strength": -21.223873, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -25.129065, "energy": 15.199101, "activity_lines": [ 1.55688, 1.537462, 1.560268, 1.575122 ] }, { "date": "2024-04-12", "close": 1.8728, "volume": 1273887, "typical_volume": 550854.45, "trend": 1.5995, "fair_value": 2.052515, "relative_strength": -5.893716, "stage": 1, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "mixed", "direction": 38.546777, "energy": 34.043141, "activity_lines": [ 1.663267, 1.601196, 1.586779, 1.593126 ] }, { "date": "2024-04-19", "close": 1.6248, "volume": 775605, "typical_volume": 572309.15, "trend": 1.59628, "fair_value": 2.040793, "relative_strength": -17.571605, "stage": 1, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "mixed", "direction": 14.106152, "energy": 25.408983, "activity_lines": [ 1.663253, 1.613156, 1.58858, 1.594759 ] }, { "date": "2024-04-26", "close": 1.552, "volume": 813064, "typical_volume": 589538.25, "trend": 1.593133, "fair_value": 2.029495, "relative_strength": -20.996253, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 4.357513, "energy": 15.620714, "activity_lines": [ 1.639707, 1.608207, 1.583537, 1.591902 ] }, { "date": "2024-05-03", "close": 1.6678, "volume": 718472, "typical_volume": 597109.4, "trend": 1.59814, "fair_value": 2.017519, "relative_strength": -12.618754, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 15.524092, "energy": 23.767379, "activity_lines": [ 1.650507, 1.624233, 1.58983, 1.596719 ] }, { "date": "2024-05-10", "close": 1.816, "volume": 533931, "typical_volume": 603043.9, "trend": 1.607873, "fair_value": 2.007506, "relative_strength": -6.71172, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 57.774038, "energy": 33.383216, "activity_lines": [ 1.701973, 1.664542, 1.61041, 1.610775 ] }, { "date": "2024-05-17", "close": 2.12, "volume": 895436, "typical_volume": 631208.55, "trend": 1.624927, "fair_value": 2.001231, "relative_strength": 7.474262, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 85.229184, "energy": 74.064114, "activity_lines": [ 1.839747, 1.753604, 1.659815, 1.643815 ] }, { "date": "2024-05-24", "close": 1.9202, "volume": 459332, "typical_volume": 641538.95, "trend": 1.63524, "fair_value": 1.993588, "relative_strength": 0.736783, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.437969, "energy": 72.41368, "activity_lines": [ 1.89444, 1.795371, 1.689009, 1.662865 ] }, { "date": "2024-05-31", "close": 1.892, "volume": 267832, "typical_volume": 634007.2, "trend": 1.641927, "fair_value": 1.986242, "relative_strength": -0.054611, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 61.53001, "energy": 72.493448, "activity_lines": [ 1.92004, 1.82684, 1.714625, 1.67943 ] }, { "date": "2024-06-07", "close": 1.6844, "volume": 431785, "typical_volume": 629400.15, "trend": 1.652213, "fair_value": 1.978007, "relative_strength": -10.635088, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 58.91081, "energy": 55.652434, "activity_lines": [ 1.853773, 1.813222, 1.719006, 1.68217 ] }, { "date": "2024-06-14", "close": 1.6484, "volume": 404057, "typical_volume": 635300.55, "trend": 1.656233, "fair_value": 1.972577, "relative_strength": -6.633095, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 33.796827, "energy": 19.55533, "activity_lines": [ 1.7744, 1.790375, 1.719119, 1.681924 ] }, { "date": "2024-06-21", "close": 1.788, "volume": 207930, "typical_volume": 608567.6, "trend": 1.661047, "fair_value": 1.966449, "relative_strength": -0.389708, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 32.381448, "energy": 18.927248, "activity_lines": [ 1.752733, 1.791858, 1.732162, 1.690425 ] }, { "date": "2024-06-28", "close": 1.8186, "volume": 272853, "typical_volume": 594466.2, "trend": 1.66688, "fair_value": 1.961055, "relative_strength": 1.889982, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 33.388751, "energy": 21.248429, "activity_lines": [ 1.7634, 1.800447, 1.746772, 1.70059 ] }, { "date": "2024-07-05", "close": 1.9016, "volume": 273807, "typical_volume": 581803.8, "trend": 1.67638, "fair_value": 1.955988, "relative_strength": 4.015577, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 44.781585, "energy": 21.967553, "activity_lines": [ 1.808507, 1.820604, 1.767403, 1.715733 ] }, { "date": "2024-07-12", "close": 1.7512, "volume": 480673, "typical_volume": 586677.75, "trend": 1.67796, "fair_value": 1.949483, "relative_strength": -5.421874, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 36.189193, "energy": 22.008199, "activity_lines": [ 1.80284, 1.807058, 1.772024, 1.72056 ] }, { "date": "2024-07-19", "close": 1.6346, "volume": 436736, "typical_volume": 582240.4, "trend": 1.672793, "fair_value": 1.943837, "relative_strength": -10.333768, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 19.537022, "energy": 10.902609, "activity_lines": [ 1.753853, 1.770796, 1.764446, 1.717763 ] }, { "date": "2024-07-26", "close": 1.5272, "volume": 536056, "typical_volume": 561908.95, "trend": 1.66132, "fair_value": 1.93812, "relative_strength": -14.836645, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": -4.594814, "energy": 11.742, "activity_lines": [ 1.669987, 1.718305, 1.745795, 1.70837 ] }, { "date": "2024-08-02", "close": 1.596, "volume": 202981, "typical_volume": 540742.7, "trend": 1.656753, "fair_value": 1.934649, "relative_strength": -5.769153, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -17.113822, "energy": 26.174978, "activity_lines": [ 1.62644, 1.689102, 1.733648, 1.704156 ] }, { "date": "2024-08-09", "close": 1.4822, "volume": 795938, "typical_volume": 545175.05, "trend": 1.65334, "fair_value": 1.928993, "relative_strength": -11.517268, "stage": 1, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -29.920033, "energy": 46.874919, "activity_lines": [ 1.5598, 1.645102, 1.710851, 1.692894 ] }, { "date": "2024-08-16", "close": 1.5482, "volume": 281616, "typical_volume": 544516.95, "trend": 1.654673, "fair_value": 1.92468, "relative_strength": -10.737218, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -22.78971, "energy": 49.659652, "activity_lines": [ 1.54312, 1.620553, 1.69437, 1.686111 ] }, { "date": "2024-08-23", "close": 1.55, "volume": 414977, "typical_volume": 523848.4, "trend": 1.653953, "fair_value": 1.920296, "relative_strength": -11.754928, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -31.118234, "energy": 48.160629, "activity_lines": [ 1.540573, 1.598807, 1.678005, 1.679358 ] }, { "date": "2024-08-30", "close": 1.4672, "volume": 415060, "typical_volume": 480907.05, "trend": 1.652687, "fair_value": 1.914986, "relative_strength": -17.551518, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -39.083245, "energy": 49.860666, "activity_lines": [ 1.516067, 1.563796, 1.653948, 1.667309 ] }, { "date": "2024-09-06", "close": 1.4448, "volume": 976630, "typical_volume": 490958.3, "trend": 1.65342, "fair_value": 1.910956, "relative_strength": -15.784017, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -39.492189, "energy": 49.576082, "activity_lines": [ 1.488093, 1.530545, 1.629689, 1.653897 ] }, { "date": "2024-09-13", "close": 1.6972, "volume": 819606, "typical_volume": 491285.4, "trend": 1.658407, "fair_value": 1.909217, "relative_strength": -1.584609, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -35.846523, "energy": 25.666979, "activity_lines": [ 1.554333, 1.549982, 1.630325, 1.656722 ] }, { "date": "2024-09-20", "close": 1.5918, "volume": 536665, "typical_volume": 482195.05, "trend": 1.660753, "fair_value": 1.906136, "relative_strength": -7.774859, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -38.377083, "energy": 23.907574, "activity_lines": [ 1.571107, 1.553971, 1.620231, 1.652425 ] }, { "date": "2024-09-27", "close": 1.7042, "volume": 556363, "typical_volume": 483316.65, "trend": 1.66898, "fair_value": 1.903631, "relative_strength": -3.672309, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -21.972648, "energy": 15.431605, "activity_lines": [ 1.62244, 1.581295, 1.621205, 1.655228 ] }, { "date": "2024-10-04", "close": 1.6866, "volume": 777439, "typical_volume": 477416.8, "trend": 1.67464, "fair_value": 1.899513, "relative_strength": -1.289336, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -17.038821, "energy": 19.588228, "activity_lines": [ 1.657627, 1.604153, 1.621034, 1.656364 ] }, { "date": "2024-10-11", "close": 1.6228, "volume": 742403, "typical_volume": 491570.35, "trend": 1.674207, "fair_value": 1.894015, "relative_strength": -6.764763, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -21.020169, "energy": 16.807252, "activity_lines": [ 1.65692, 1.612513, 1.616851, 1.65302 ] }, { "date": "2024-10-18", "close": 1.7264, "volume": 726939, "typical_volume": 514525.7, "trend": 1.682147, "fair_value": 1.889312, "relative_strength": -2.978393, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 1.840361, "energy": 13.589592, "activity_lines": [ 1.67888, 1.639222, 1.623951, 1.656387 ] }, { "date": "2024-10-25", "close": 1.7988, "volume": 682223, "typical_volume": 527047.6, "trend": 1.69088, "fair_value": 1.886247, "relative_strength": 2.619821, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 27.456502, "energy": 29.490552, "activity_lines": [ 1.723027, 1.674655, 1.638735, 1.663913 ] }, { "date": "2024-11-01", "close": 1.685, "volume": 443811, "typical_volume": 529035.3, "trend": 1.694027, "fair_value": 1.881792, "relative_strength": -3.211375, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 14.333047, "energy": 22.570904, "activity_lines": [ 1.71544, 1.68484, 1.642136, 1.663534 ] }, { "date": "2024-11-08", "close": 1.6174, "volume": 477838, "typical_volume": 542530.7, "trend": 1.685513, "fair_value": 1.875426, "relative_strength": -4.718456, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 6.236804, "energy": 12.660961, "activity_lines": [ 1.6866, 1.68028, 1.638925, 1.65859 ] }, { "date": "2024-11-15", "close": 1.5368, "volume": 436324, "typical_volume": 550704.25, "trend": 1.68258, "fair_value": 1.869585, "relative_strength": -10.224049, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -40.089846, "energy": 17.017625, "activity_lines": [ 1.635507, 1.658335, 1.62885, 1.648996 ] }, { "date": "2024-11-22", "close": 1.6452, "volume": 366524, "typical_volume": 555340.1, "trend": 1.685687, "fair_value": 1.867003, "relative_strength": -1.637535, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -30.037557, "energy": 18.883595, "activity_lines": [ 1.62628, 1.654425, 1.63044, 1.646584 ] }, { "date": "2024-11-29", "close": 1.564, "volume": 614982, "typical_volume": 562055.55, "trend": 1.682227, "fair_value": 1.864692, "relative_strength": -5.974634, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -41.018362, "energy": 26.485009, "activity_lines": [ 1.5954, 1.636698, 1.625518, 1.638733 ] }, { "date": "2024-12-06", "close": 1.5098, "volume": 440264, "typical_volume": 562231.95, "trend": 1.67202, "fair_value": 1.861924, "relative_strength": -12.390995, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -58.8517, "energy": 40.098853, "activity_lines": [ 1.562107, 1.609622, 1.616326, 1.627609 ] }, { "date": "2024-12-13", "close": 1.4686, "volume": 775053, "typical_volume": 574181.8, "trend": 1.650307, "fair_value": 1.858938, "relative_strength": -14.65789, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -64.288558, "energy": 54.00575, "activity_lines": [ 1.52676, 1.578589, 1.603804, 1.614485 ] }, { "date": "2024-12-20", "close": 1.4866, "volume": 441704, "typical_volume": 586117.95, "trend": 1.635853, "fair_value": 1.855176, "relative_strength": -10.216018, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.724705, "energy": 57.368122, "activity_lines": [ 1.507333, 1.554793, 1.593275, 1.603923 ] }, { "date": "2024-12-27", "close": 1.4816, "volume": 219003, "typical_volume": 557271.2, "trend": 1.622173, "fair_value": 1.851507, "relative_strength": -10.913819, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.16204, "energy": 58.801463, "activity_lines": [ 1.489587, 1.532564, 1.582791, 1.593972 ] }, { "date": "2025-01-03", "close": 1.5258, "volume": 795346, "typical_volume": 582957.7, "trend": 1.616887, "fair_value": 1.848476, "relative_strength": -7.721947, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -57.161732, "energy": 48.908109, "activity_lines": [ 1.49748, 1.522822, 1.57652, 1.587754 ] }, { "date": "2025-01-10", "close": 1.6844, "volume": 1296865, "typical_volume": 627052.1, "trend": 1.618087, "fair_value": 1.846184, "relative_strength": -0.765243, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -21.295447, "energy": 12.689466, "activity_lines": [ 1.560787, 1.54688, 1.58546, 1.59211 ] }, { "date": "2025-01-17", "close": 1.584, "volume": 636988, "typical_volume": 638148.5, "trend": 1.611287, "fair_value": 1.841062, "relative_strength": -9.490811, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -31.216159, "energy": 15.922657, "activity_lines": [ 1.578987, 1.552695, 1.584198, 1.589911 ] }, { "date": "2025-01-24", "close": 1.5798, "volume": 496090, "typical_volume": 614121.5, "trend": 1.603327, "fair_value": 1.836978, "relative_strength": -9.271088, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -26.784013, "energy": 17.880247, "activity_lines": [ 1.588093, 1.558353, 1.58198, 1.587879 ] }, { "date": "2025-01-31", "close": 1.8228, "volume": 886757, "typical_volume": 617479.05, "trend": 1.6007, "fair_value": 1.834274, "relative_strength": 3.86612, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 70.06243, "energy": 43.290697, "activity_lines": [ 1.671987, 1.607411, 1.602262, 1.602039 ] }, { "date": "2025-02-07", "close": 1.7858, "volume": 672067, "typical_volume": 624249.15, "trend": 1.601853, "fair_value": 1.831328, "relative_strength": 0.053138, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 65.025489, "energy": 57.711138, "activity_lines": [ 1.7208, 1.646513, 1.618422, 1.613981 ] }, { "date": "2025-02-14", "close": 1.7282, "volume": 887292, "typical_volume": 640795.6, "trend": 1.604973, "fair_value": 1.82646, "relative_strength": -5.401345, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 55.858211, "energy": 57.697995, "activity_lines": [ 1.73308, 1.671109, 1.628172, 1.622132 ] }, { "date": "2025-02-21", "close": 1.6328, "volume": 512440, "typical_volume": 627545.65, "trend": 1.608493, "fair_value": 1.821308, "relative_strength": -11.511443, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 53.14237, "energy": 51.938883, "activity_lines": [ 1.71064, 1.674389, 1.628723, 1.623927 ] }, { "date": "2025-02-28", "close": 1.473, "volume": 975473, "typical_volume": 639199.15, "trend": 1.604393, "fair_value": 1.812962, "relative_strength": -20.459203, "stage": 4, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 3.198203, "energy": 4.21243, "activity_lines": [ 1.63168, 1.645629, 1.61431, 1.615186 ] }, { "date": "2025-03-07", "close": 1.5038, "volume": 697161, "typical_volume": 637710.25, "trend": 1.605113, "fair_value": 1.805471, "relative_strength": -18.454702, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -16.231845, "energy": 18.355337, "activity_lines": [ 1.570107, 1.622716, 1.603545, 1.608696 ] }, { "date": "2025-03-14", "close": 1.6224, "volume": 746446, "typical_volume": 640921.4, "trend": 1.607587, "fair_value": 1.800691, "relative_strength": -11.943965, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -6.77672, "energy": 16.917262, "activity_lines": [ 1.569333, 1.620964, 1.605134, 1.609811 ] }, { "date": "2025-03-21", "close": 1.5466, "volume": 455122, "typical_volume": 641486.95, "trend": 1.607473, "fair_value": 1.796054, "relative_strength": -16.752628, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -39.313175, "energy": 28.635724, "activity_lines": [ 1.554187, 1.603673, 1.600345, 1.605877 ] }, { "date": "2025-03-28", "close": 1.552, "volume": 907019, "typical_volume": 662946.0, "trend": 1.6103, "fair_value": 1.791935, "relative_strength": -15.679721, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -46.897539, "energy": 30.669206, "activity_lines": [ 1.552947, 1.589869, 1.596729, 1.602298 ] }, { "date": "2025-04-04", "close": 1.298, "volume": 1383239, "typical_volume": 710291.75, "trend": 1.605407, "fair_value": 1.786634, "relative_strength": -20.85717, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -72.824187, "energy": 51.084561, "activity_lines": [ 1.472427, 1.530465, 1.569233, 1.582149 ] }, { "date": "2025-04-11", "close": 1.3334, "volume": 873217, "typical_volume": 735626.4, "trend": 1.59328, "fair_value": 1.781322, "relative_strength": -16.663735, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -69.048841, "energy": 63.387009, "activity_lines": [ 1.415373, 1.482622, 1.546247, 1.5646 ] }, { "date": "2025-04-18", "close": 1.393, "volume": 731917, "typical_volume": 741473.15, "trend": 1.586653, "fair_value": 1.777906, "relative_strength": -17.351693, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -58.301626, "energy": 63.646743, "activity_lines": [ 1.389547, 1.454513, 1.530421, 1.551679 ] }, { "date": "2025-04-25", "close": 1.4052, "volume": 379312, "typical_volume": 738425.55, "trend": 1.576687, "fair_value": 1.774331, "relative_strength": -19.427304, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.055771, "energy": 64.783706, "activity_lines": [ 1.38308, 1.435764, 1.516571, 1.539972 ] }, { "date": "2025-05-02", "close": 1.388, "volume": 629554, "typical_volume": 731150.6, "trend": 1.566733, "fair_value": 1.769905, "relative_strength": -22.018756, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -57.807323, "energy": 57.661484, "activity_lines": [ 1.380307, 1.41976, 1.501582, 1.527799 ] }, { "date": "2025-05-09", "close": 1.4898, "volume": 419975, "typical_volume": 730064.15, "trend": 1.5623, "fair_value": 1.766782, "relative_strength": -18.020446, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -51.188804, "energy": 31.322749, "activity_lines": [ 1.4224, 1.426716, 1.496671, 1.522836 ] }, { "date": "2025-05-16", "close": 1.463, "volume": 596243, "typical_volume": 748926.15, "trend": 1.55352, "fair_value": 1.763301, "relative_strength": -21.257461, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -37.377485, "energy": 21.330714, "activity_lines": [ 1.442773, 1.428495, 1.489193, 1.516429 ] }, { "date": "2025-05-23", "close": 1.751, "volume": 1223768, "typical_volume": 770347.25, "trend": 1.551927, "fair_value": 1.761906, "relative_strength": -2.472607, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": 1.790395, "energy": 13.557497, "activity_lines": [ 1.550507, 1.483378, 1.509232, 1.52917 ] }, { "date": "2025-05-30", "close": 1.6478, "volume": 574353, "typical_volume": 734221.65, "trend": 1.550687, "fair_value": 1.757655, "relative_strength": -9.093402, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "mixed", "direction": 11.708177, "energy": 23.48458, "activity_lines": [ 1.599973, 1.51716, 1.51837, 1.535355 ] }, { "date": "2025-06-06", "close": 2.0285, "volume": 1458076, "typical_volume": 775276.05, "trend": 1.56439, "fair_value": 1.757113, "relative_strength": 10.425764, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 57.682198, "energy": 63.583219, "activity_lines": [ 1.760167, 1.61832, 1.56394, 1.566182 ] }, { "date": "2025-06-13", "close": 2.12, "volume": 1335271, "typical_volume": 817235.1, "trend": 1.58383, "fair_value": 1.758054, "relative_strength": 18.644026, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 86.227625, "energy": 86.625439, "activity_lines": [ 1.90816, 1.727453, 1.616107, 1.602028 ] }, { "date": "2025-06-20", "close": 2.301, "volume": 895298, "typical_volume": 817662.15, "trend": 1.60569, "fair_value": 1.761049, "relative_strength": 29.183582, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 88.637315, "energy": 92.751763, "activity_lines": [ 2.074473, 1.854549, 1.68294, 1.648297 ] }, { "date": "2025-06-27", "close": 2.557, "volume": 1527086, "typical_volume": 860413.1, "trend": 1.63879, "fair_value": 1.766501, "relative_strength": 41.143042, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 91.893765, "energy": 96.327383, "activity_lines": [ 2.270253, 2.010598, 1.771877, 1.709672 ] }, { "date": "2025-07-04", "close": 2.7145, "volume": 1050402, "typical_volume": 868568.6, "trend": 1.678947, "fair_value": 1.772337, "relative_strength": 49.498447, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 90.51314, "energy": 96.165029, "activity_lines": [ 2.4648, 2.17412, 1.872141, 1.779072 ] }, { "date": "2025-07-11", "close": 2.9755, "volume": 787571, "typical_volume": 882325.15, "trend": 1.729177, "fair_value": 1.781238, "relative_strength": 60.419381, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 91.672159, "energy": 96.597718, "activity_lines": [ 2.675233, 2.361291, 1.992566, 1.862721 ] }, { "date": "2025-07-18", "close": 2.98, "volume": 685273, "typical_volume": 867815.15, "trend": 1.778957, "fair_value": 1.789274, "relative_strength": 58.012396, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 82.275835, "energy": 92.878182, "activity_lines": [ 2.824033, 2.520416, 2.107025, 1.943419 ] }, { "date": "2025-07-25", "close": 2.789, "volume": 760092, "typical_volume": 870961.7, "trend": 1.822537, "fair_value": 1.795562, "relative_strength": 44.99187, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 68.002051, "energy": 81.129646, "activity_lines": [ 2.851833, 2.61772, 2.196118, 2.008583 ] }, { "date": "2025-08-01", "close": 2.412, "volume": 2259146, "typical_volume": 946596.7, "trend": 1.852077, "fair_value": 1.798299, "relative_strength": 27.304465, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.640848, "energy": 60.179445, "activity_lines": [ 2.721433, 2.622369, 2.243186, 2.046613 ] }, { "date": "2025-08-08", "close": 2.5025, "volume": 873603, "typical_volume": 967520.75, "trend": 1.879347, "fair_value": 1.801017, "relative_strength": 26.057711, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 50.690874, "energy": 45.34672, "activity_lines": [ 2.630867, 2.631455, 2.295113, 2.088576 ] }, { "date": "2025-08-15", "close": 2.553, "volume": 459252, "typical_volume": 945132.4, "trend": 1.911647, "fair_value": 1.805892, "relative_strength": 24.841858, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 44.570832, "energy": 33.768225, "activity_lines": [ 2.571267, 2.634182, 2.347298, 2.132037 ] }, { "date": "2025-08-22", "close": 2.6135, "volume": 298555, "typical_volume": 890898.2, "trend": 1.946103, "fair_value": 1.811633, "relative_strength": 25.147657, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 40.738438, "energy": 27.896083, "activity_lines": [ 2.56, 2.638373, 2.400478, 2.177318 ] }, { "date": "2025-08-29", "close": 2.524, "volume": 139191, "typical_volume": 854196.9, "trend": 1.969477, "fair_value": 1.817809, "relative_strength": 23.210934, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 39.001389, "energy": 27.438985, "activity_lines": [ 2.543333, 2.617318, 2.43887, 2.214602 ] }, { "date": "2025-09-05", "close": 2.608, "volume": 895950, "typical_volume": 862398.55, "trend": 1.996883, "fair_value": 1.823258, "relative_strength": 28.13198, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 40.395745, "energy": 28.434911, "activity_lines": [ 2.572333, 2.607482, 2.479592, 2.255797 ] }, { "date": "2025-09-12", "close": 2.726, "volume": 346415, "typical_volume": 860753.7, "trend": 2.030143, "fair_value": 1.828935, "relative_strength": 30.22494, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 58.414243, "energy": 36.833051, "activity_lines": [ 2.6276, 2.618173, 2.525767, 2.302837 ] }, { "date": "2025-09-19", "close": 2.718, "volume": 346094, "typical_volume": 846580.7, "trend": 2.066317, "fair_value": 1.835168, "relative_strength": 29.755097, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 56.84881, "energy": 37.340048, "activity_lines": [ 2.6653, 2.6272, 2.56489, 2.347215 ] }, { "date": "2025-09-26", "close": 3.429, "volume": 1132424, "typical_volume": 882203.15, "trend": 2.131517, "fair_value": 1.845895, "relative_strength": 60.462617, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 84.938349, "energy": 68.686704, "activity_lines": [ 2.929, 2.770182, 2.665395, 2.43513 ] }, { "date": "2025-10-03", "close": 3.583, "volume": 635440, "typical_volume": 884163.0, "trend": 2.200823, "fair_value": 1.856137, "relative_strength": 63.253087, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 86.622807, "energy": 86.635912, "activity_lines": [ 3.189667, 2.933, 2.771331, 2.528774 ] }, { "date": "2025-10-10", "close": 3.635, "volume": 839901, "typical_volume": 864969.65, "trend": 2.26791, "fair_value": 1.867313, "relative_strength": 67.897111, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 82.792892, "energy": 90.578614, "activity_lines": [ 3.397067, 3.090836, 2.872125, 2.621301 ] }, { "date": "2025-10-17", "close": 3.556, "volume": 840596, "typical_volume": 878281.8, "trend": 2.33489, "fair_value": 1.877668, "relative_strength": 63.187516, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 71.422672, "energy": 86.718472, "activity_lines": [ 3.509667, 3.212073, 2.956424, 2.704404 ] }, { "date": "2025-10-24", "close": 3.3665, "volume": 930191, "typical_volume": 851887.55, "trend": 2.395373, "fair_value": 1.886043, "relative_strength": 50.316484, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.089067, "energy": 76.350399, "activity_lines": [ 3.503767, 3.2797, 3.013588, 2.770959 ] }, { "date": "2025-10-31", "close": 3.285, "volume": 413493, "typical_volume": 805798.65, "trend": 2.461607, "fair_value": 1.893639, "relative_strength": 42.906766, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 62.753391, "energy": 54.224574, "activity_lines": [ 3.427467, 3.317718, 3.056619, 2.828355 ] }, { "date": "2025-11-07", "close": 3.2105, "volume": 257117, "typical_volume": 773889.6, "trend": 2.524177, "fair_value": 1.899024, "relative_strength": 39.146276, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 56.846455, "energy": 41.409972, "activity_lines": [ 3.335933, 3.329982, 3.087007, 2.87667 ] }, { "date": "2025-11-14", "close": 3.251, "volume": 641319, "typical_volume": 729601.25, "trend": 2.58611, "fair_value": 1.906152, "relative_strength": 36.043537, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 41.875612, "energy": 28.065668, "activity_lines": [ 3.282733, 3.337127, 3.116921, 2.923562 ] }, { "date": "2025-11-21", "close": 3.0895, "volume": 361958, "typical_volume": 695179.05, "trend": 2.642253, "fair_value": 1.91246, "relative_strength": 32.234045, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 36.235712, "energy": 20.040985, "activity_lines": [ 3.2013, 3.303218, 3.12815, 2.956039 ] }, { "date": "2025-11-28", "close": 3.67, "volume": 565667, "typical_volume": 684083.85, "trend": 2.71832, "fair_value": 1.921588, "relative_strength": 52.535288, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 53.245674, "energy": 29.872367, "activity_lines": [ 3.344467, 3.368245, 3.192879, 3.022345 ] }, { "date": "2025-12-05", "close": 3.595, "volume": 532487, "typical_volume": 676444.55, "trend": 2.788493, "fair_value": 1.930206, "relative_strength": 47.151331, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 59.133645, "energy": 36.041239, "activity_lines": [ 3.4424, 3.402327, 3.247157, 3.078905 ] }, { "date": "2025-12-12", "close": 3.918, "volume": 912462, "typical_volume": 684063.05, "trend": 2.870327, "fair_value": 1.941777, "relative_strength": 57.492257, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 68.947563, "energy": 45.506792, "activity_lines": [ 3.627333, 3.492118, 3.329269, 3.151777 ] }, { "date": "2025-12-19", "close": 5.258, "volume": 986180, "typical_volume": 620414.75, "trend": 2.987227, "fair_value": 1.961187, "relative_strength": 100.527631, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 90.360477, "energy": 84.716552, "activity_lines": [ 4.211767, 3.819455, 3.533624, 3.30582 ] }, { "date": "2025-12-26", "close": 6.429, "volume": 577439, "typical_volume": 605606.55, "trend": 3.1466, "fair_value": 1.986979, "relative_strength": 138.140557, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 96.179071, "energy": 97.517635, "activity_lines": [ 5.052733, 4.330191, 3.83595, 3.52787 ] }, { "date": "2026-01-02", "close": 5.391, "volume": 1400590, "typical_volume": 652673.45, "trend": 3.258683, "fair_value": 2.005469, "relative_strength": 91.799504, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 71.342989, "energy": 88.89248, "activity_lines": [ 5.325067, 4.599964, 4.020721, 3.67267 ] }, { "date": "2026-01-09", "close": 6.225, "volume": 2120986, "typical_volume": 743795.0, "trend": 3.395517, "fair_value": 2.030376, "relative_strength": 113.94499, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 82.763788, "energy": 93.1138, "activity_lines": [ 5.760667, 4.984564, 4.271407, 3.864045 ] }, { "date": "2026-01-16", "close": 6.186, "volume": 3413439, "typical_volume": 907507.4, "trend": 3.525017, "fair_value": 2.055418, "relative_strength": 106.525245, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 74.459844, "energy": 89.07591, "activity_lines": [ 6.007933, 5.308618, 4.501181, 4.044076 ] }, { "date": "2026-01-23", "close": 8.546, "volume": 1951120, "typical_volume": 960265.9, "trend": 3.72465, "fair_value": 2.096722, "relative_strength": 179.400544, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 95.878108, "energy": 85.67697, "activity_lines": [ 6.890667, 6.007664, 4.938279, 4.368011 ] }, { "date": "2026-01-30", "close": 5.142, "volume": 3612014, "typical_volume": 1123545.85, "trend": 3.805567, "fair_value": 2.116981, "relative_strength": 62.657901, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 64.679897, "energy": 55.836838, "activity_lines": [ 6.419533, 5.991527, 5.02291, 4.459453 ] }, { "date": "2026-02-06", "close": 4.514, "volume": 2559563, "typical_volume": 1234219.3, "trend": 3.85685, "fair_value": 2.133898, "relative_strength": 39.759718, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 57.79455, "energy": 40.806224, "activity_lines": [ 5.824867, 5.823891, 5.036226, 4.505158 ] }, { "date": "2026-02-13", "close": 4.4755, "volume": 1464240, "typical_volume": 1250810.1, "trend": 3.9067, "fair_value": 2.151403, "relative_strength": 37.930913, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 37.882503, "energy": 23.738828, "activity_lines": [ 5.275833, 5.633909, 5.037324, 4.545071 ] }, { "date": "2026-02-20", "close": 4.8445, "volume": 542073, "typical_volume": 1246141.75, "trend": 3.975217, "fair_value": 2.17127, "relative_strength": 43.568637, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 28.168537, "energy": 25.992436, "activity_lines": [ 4.966433, 5.495009, 5.068581, 4.605574 ] }, { "date": "2026-02-27", "close": 5.788, "volume": 710844, "typical_volume": 1239688.9, "trend": 4.08775, "fair_value": 2.195746, "relative_strength": 65.155859, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 33.51538, "energy": 23.703649, "activity_lines": [ 5.060967, 5.510809, 5.183688, 4.722528 ] }, { "date": "2026-03-06", "close": 4.6975, "volume": 682497, "typical_volume": 1231783.95, "trend": 4.160917, "fair_value": 2.213622, "relative_strength": 40.86244, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 24.487268, "energy": 16.256128, "activity_lines": [ 4.975867, 5.3187, 5.184686, 4.761867 ] }, { "date": "2026-03-13", "close": 4.3345, "volume": 491323, "typical_volume": 1209840.55, "trend": 4.2203, "fair_value": 2.228946, "relative_strength": 27.678239, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 7.017286, "energy": 7.773646, "activity_lines": [ 4.7994, 5.092073, 5.145676, 4.773066 ] }, { "date": "2026-03-20", "close": 3.9835, "volume": 877881, "typical_volume": 1233059.95, "trend": 4.265967, "fair_value": 2.241924, "relative_strength": 19.777178, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 1.002849, "energy": 8.042557, "activity_lines": [ 4.5179, 4.820836, 5.068629, 4.757788 ] }, { "date": "2026-03-27", "close": 3.565, "volume": 534975, "typical_volume": 1246952.85, "trend": 4.300667, "fair_value": 2.251982, "relative_strength": 4.770957, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -23.056062, "energy": 22.791945, "activity_lines": [ 4.1297, 4.514264, 4.948398, 4.712565 ] }, { "date": "2026-04-03", "close": 3.9215, "volume": 301808, "typical_volume": 1229977.3, "trend": 4.34445, "fair_value": 2.264165, "relative_strength": 8.287386, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -18.51241, "energy": 34.135849, "activity_lines": [ 3.945633, 4.320164, 4.860431, 4.688102 ] }, { "date": "2026-04-10", "close": 4.185, "volume": 400648, "typical_volume": 1231911.8, "trend": 4.393083, "fair_value": 2.277123, "relative_strength": 9.455778, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -19.024837, "energy": 35.252073, "activity_lines": [ 3.973833, 4.258055, 4.794367, 4.677815 ] }, { "date": "2026-04-17", "close": 4.4175, "volume": 332005, "typical_volume": 1220228.7, "trend": 4.449733, "fair_value": 2.289222, "relative_strength": 11.181885, "stage": 2, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -15.353992, "energy": 21.652488, "activity_lines": [ 4.1137, 4.255618, 4.745229, 4.67939 ] }, { "date": "2026-04-24", "close": 3.9875, "volume": 267316, "typical_volume": 1206970.15, "trend": 4.46835, "fair_value": 2.300129, "relative_strength": 1.805061, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -16.609135, "energy": 14.134056, "activity_lines": [ 4.1047, 4.176755, 4.651579, 4.649569 ] }, { "date": "2026-05-01", "close": 3.7855, "volume": 402429, "typical_volume": 1181468.5, "trend": 4.4751, "fair_value": 2.310226, "relative_strength": -5.468601, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -31.659567, "energy": 21.401253, "activity_lines": [ 4.0281, 4.070036, 4.536821, 4.605514 ] }, { "date": "2026-05-08", "close": 4.05, "volume": 246226, "typical_volume": 1144470.8, "trend": 4.488933, "fair_value": 2.321652, "relative_strength": -2.011992, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -24.534796, "energy": 23.106102, "activity_lines": [ 4.024967, 4.030664, 4.447886, 4.578088 ] }, { "date": "2026-05-15", "close": 3.846, "volume": 780334, "typical_volume": 1154615.55, "trend": 4.4986, "fair_value": 2.331655, "relative_strength": -7.515635, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -28.63746, "energy": 34.162258, "activity_lines": [ 3.945267, 3.9858, 4.345274, 4.536609 ] }, { "date": "2026-05-22", "close": 3.649, "volume": 265524, "typical_volume": 1097862.25, "trend": 4.508017, "fair_value": 2.341431, "relative_strength": -13.529239, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.417044, "energy": 51.611454, "activity_lines": [ 3.8225, 3.9206, 4.2362, 4.481796 ] }, { "date": "2026-05-29", "close": 3.5935, "volume": 419975, "typical_volume": 1012811.7, "trend": 4.5183, "fair_value": 2.351501, "relative_strength": -16.319453, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.911012, "energy": 52.103935, "activity_lines": [ 3.732467, 3.857773, 4.130136, 4.422795 ] }, { "date": "2026-06-05", "close": 3.1585, "volume": 71072, "typical_volume": 845693.35, "trend": 4.516567, "fair_value": 2.358742, "relative_strength": -26.456775, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -74.598242, "energy": 70.641241, "activity_lines": [ 3.5237, 3.722945, 3.995174, 4.335066 ] }, { "date": "2026-06-12", "close": 2.837, "volume": 37870, "typical_volume": 750030.85, "trend": 4.502767, "fair_value": 2.364828, "relative_strength": -36.019278, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -79.71192, "energy": 81.098657, "activity_lines": [ 3.249567, 3.537055, 3.84401, 4.226706 ] }, { "date": "2026-06-19", "close": 2.698, "volume": 67362, "typical_volume": 572798.25, "trend": 4.489717, "fair_value": 2.371311, "relative_strength": -40.609792, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -81.725704, "energy": 89.647384, "activity_lines": [ 3.009967, 3.345609, 3.706793, 4.11027 ] }, { "date": "2026-06-26", "close": 2.5805, "volume": 170263, "typical_volume": 453333.25, "trend": 4.4534, "fair_value": 2.377422, "relative_strength": -41.257111, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -80.282123, "energy": 91.508755, "activity_lines": [ 2.807733, 3.159836, 3.570024, 3.987095 ] }, { "date": "2026-07-03", "close": 2.6045, "volume": 190180, "typical_volume": 389630.25, "trend": 4.420383, "fair_value": 2.383725, "relative_strength": -42.206103, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -73.521484, "energy": 89.259661, "activity_lines": [ 2.684733, 3.011827, 3.444748, 3.867811 ] }, { "date": "2026-07-10", "close": 2.518, "volume": 523382, "typical_volume": 388695.7, "trend": 4.373717, "fair_value": 2.388215, "relative_strength": -43.572261, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -73.821672, "energy": 88.984643, "activity_lines": [ 2.598833, 2.873236, 3.320143, 3.745076 ] }, { "date": "2026-07-17", "close": 2.43, "volume": 644965, "typical_volume": 385401.75, "trend": 4.27945, "fair_value": 2.392407, "relative_strength": -44.434744, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -74.746358, "energy": 86.409447, "activity_lines": [ 2.5263, 2.741691, 3.198236, 3.619675 ] }, { "date": "2026-07-24", "close": 2.4475, "volume": 906119, "typical_volume": 396582.85, "trend": 4.146733, "fair_value": 2.397171, "relative_strength": -43.675281, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -71.216383, "energy": 75.265122, "activity_lines": [ 2.486733, 2.642782, 3.093986, 3.501485 ] }, { "date": "2026-07-31", "close": 2.5745, "volume": 221884, "typical_volume": 383110.9, "trend": 4.05285, "fair_value": 2.403215, "relative_strength": -41.024641, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.884818, "energy": 65.105286, "activity_lines": [ 2.5062, 2.592391, 3.012545, 3.400051 ] }, { "date": "2026-08-07", "close": 2.865, "volume": 897588, "typical_volume": 384096.25, "trend": 3.94085, "fair_value": 2.411334, "relative_strength": -36.156849, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -54.477211, "energy": 55.563087, "activity_lines": [ 2.6229, 2.614355, 2.967152, 3.323415 ] } ], "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." } } }