{ "ticker": { "uuid": "5c6fa34b-661a-4df6-b4bb-5c8d8670d1f5", "symbol": "TRA", "name": "Turners Automotive Group Limited", "exchange": "NZE", "country": "NZ", "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": "^NZ50", "stage": 3, "stage_name": "Distribution", "phase": "3b", "phase_label": "Stage 3B \u00b7 Distribution", "transition": "stage_3_churning", "transition_label": "Stage 3 range intact", "confidence": 96.0, "architecture_regime": "downward_expansion", "architecture_regime_label": "Downward Expansion", "architecture_modifier": "Early contraction", "architecture_gate": "down", "architecture_direction": -56.513, "architecture_energy": 44.736, "architecture_maturity": 3.972, "architecture_confidence": 87.572, "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": 34.76, "rotation_up": 16.78, "upward_expansion": 8.22, "deceleration": 42.14, "rotation_down": 55.21, "downward_expansion": 81.55 }, "activity_lines": [ 8.211333, 8.24019, 8.335244, 8.372584 ], "activity_state": "Compressed", "activity_direction": "Expanding", "rotation_direction": "Weakening", "price_acceptance": -0.666667 }, "latest_close": 8.19, "trend_reference": 8.396938, "distance_from_trend": -0.024644, "trend_direction": "Improving", "fair_value": 5.673445, "distance_from_fair_value": 0.443567, "fair_value_direction": "Weakening", "relative_strength": -0.44593, "relative_strength_direction": "Weakening", "price_momentum": 0.01305, "excess_performance": -0.015224, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.024644, "read": "Below" }, { "label": "Trend direction", "positive": true, "value": 0.016106, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.443567, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.294594, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.004459, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.224834, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.01305, "read": "Positive" }, { "label": "Volume balance", "positive": false, "value": 0.312908, "read": "Supply-led" } ], "volume": { "latest": 115450, "relative_activity": 0.629603, "balance": 0.312908, "dry_up": 0.653552, "accumulation_observations": 0, "distribution_observations": 2 }, "risk": { "range_context": 0.030238, "annualized_volatility": 0.154152, "from_high_reference": -0.110749, "from_low_reference": 0.263292 }, "levels": { "trend_reference": 8.396938, "fair_value_reference": 5.673445, "structural_low": 8.0, "invalidation": "A decisive breakout above range resistance with renewed RS leadership invalidates the distribution reading; a range-low break confirms deterioration." }, "outcomes": [ { "horizon": "Near term", "sample_count": 15, "median_return": -0.010959, "positive_rate": 0.466667, "directional_follow_through": 0.533333, "median_excess_return": -0.020014, "regime_survival": 0.8, "best_return": 0.120285, "worst_return": -0.06, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 5, "median_return": 0.017964, "positive_rate": 0.6, "directional_follow_through": 0.4, "median_excess_return": -0.030943, "regime_survival": 0.4, "best_return": 0.07087, "worst_return": -0.10686, "sufficient": true }, { "horizon": "Extended", "sample_count": 3, "median_return": -0.018219, "positive_rate": 0.333333, "directional_follow_through": 0.666667, "median_excess_return": -0.015785, "regime_survival": 0.0, "best_return": 0.35304, "worst_return": -0.064684, "sufficient": false }, { "horizon": "Full cycle", "sample_count": 2, "median_return": 0.276913, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": 0.272161, "regime_survival": 0.0, "best_return": 0.676594, "worst_return": -0.122767, "sufficient": false } ], "ledger": [ { "regime": "balance", "label": "Balance", "color": "blue", "start": "2023-03-10", "end": "2023-05-12", "tenure": "Developing", "return": 0.029445, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2023-05-19", "end": "2024-04-05", "tenure": "Extended", "return": 0.289348, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-04-12", "end": "2024-05-03", "tenure": "New", "return": -0.073118, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2024-05-10", "end": "2024-05-24", "tenure": "New", "return": 0.037594, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2024-05-31", "end": "2024-07-26", "tenure": "Developing", "return": 0.060172, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-08-02", "end": "2024-08-09", "tenure": "New", "return": -0.022936, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2024-08-16", "end": "2024-08-30", "tenure": "New", "return": -0.046512, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-09-06", "end": "2024-09-27", "tenure": "New", "return": 0.047059, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2024-10-04", "end": "2024-10-11", "tenure": "New", "return": 0.012931, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-10-18", "end": "2025-04-11", "tenure": "Established", "return": 0.321909, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-04-18", "end": "2025-05-02", "tenure": "New", "return": 0.015517, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-05-09", "end": "2026-05-29", "tenure": "Extended", "return": 0.442761, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-06-05", "end": "2026-07-31", "tenure": "Developing", "return": 0.004926, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-08-07", "end": "2026-08-07", "tenure": "New", "return": 0.0, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 3.033203, "volume": 129973, "typical_volume": 118592.45, "trend": 2.963821, "fair_value": 2.901405, "relative_strength": 4.351619, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 38.115928, "energy": 24.322372, "activity_lines": [ 3.089406, 3.103433, 3.084514, 3.035388 ] }, { "date": "2023-08-25", "close": 3.198335, "volume": 127284, "typical_volume": 119659.1, "trend": 2.979941, "fair_value": 2.911597, "relative_strength": 11.272701, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 69.778609, "energy": 40.073543, "activity_lines": [ 3.122432, 3.119677, 3.099217, 3.050518 ] }, { "date": "2023-09-01", "close": 3.102732, "volume": 238554, "typical_volume": 126800.9, "trend": 2.991199, "fair_value": 2.921223, "relative_strength": 7.319392, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 48.362968, "energy": 28.81995, "activity_lines": [ 3.117797, 3.116656, 3.103469, 3.05844 ] }, { "date": "2023-09-08", "close": 3.076659, "volume": 231350, "typical_volume": 134357.0, "trend": 3.001587, "fair_value": 2.930588, "relative_strength": 8.029613, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 35.499513, "energy": 19.65438, "activity_lines": [ 3.10505, 3.109527, 3.104267, 3.063953 ] }, { "date": "2023-09-15", "close": 3.111423, "volume": 110163, "typical_volume": 136528.95, "trend": 3.010341, "fair_value": 2.939805, "relative_strength": 9.096622, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 37.506627, "energy": 23.915136, "activity_lines": [ 3.106788, 3.108895, 3.107326, 3.071039 ] }, { "date": "2023-09-22", "close": 3.215717, "volume": 62523, "typical_volume": 137234.85, "trend": 3.022851, "fair_value": 2.948576, "relative_strength": 12.2844, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.761694, "energy": 34.995526, "activity_lines": [ 3.14387, 3.127699, 3.119143, 3.084289 ] }, { "date": "2023-09-29", "close": 3.250481, "volume": 178095, "typical_volume": 123483.7, "trend": 3.037917, "fair_value": 2.957662, "relative_strength": 14.018432, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 73.155078, "energy": 56.060078, "activity_lines": [ 3.180373, 3.151402, 3.132639, 3.098975 ] }, { "date": "2023-10-06", "close": 3.363466, "volume": 285392, "typical_volume": 129949.35, "trend": 3.054514, "fair_value": 2.967239, "relative_strength": 17.805891, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 83.847025, "energy": 79.538803, "activity_lines": [ 3.251061, 3.19312, 3.155465, 3.119978 ] }, { "date": "2023-10-13", "close": 3.769097, "volume": 387312, "typical_volume": 145922.55, "trend": 3.086028, "fair_value": 2.979133, "relative_strength": 31.574271, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 96.514443, "energy": 96.66688, "activity_lines": [ 3.439577, 3.304006, 3.216292, 3.16608 ] }, { "date": "2023-10-20", "close": 3.751443, "volume": 298245, "typical_volume": 153684.25, "trend": 3.117793, "fair_value": 2.990678, "relative_strength": 33.429917, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 94.003467, "energy": 97.475882, "activity_lines": [ 3.576045, 3.399882, 3.272228, 3.20901 ] }, { "date": "2023-10-27", "close": 3.663174, "volume": 103551, "typical_volume": 153139.75, "trend": 3.146056, "fair_value": 3.001752, "relative_strength": 32.244844, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 73.862219, "energy": 90.533937, "activity_lines": [ 3.640423, 3.468231, 3.316509, 3.244196 ] }, { "date": "2023-11-03", "close": 3.680828, "volume": 243033, "typical_volume": 159081.95, "trend": 3.171556, "fair_value": 3.012986, "relative_strength": 28.009281, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.370524, "energy": 88.540716, "activity_lines": [ 3.680855, 3.528336, 3.35948, 3.278698 ] }, { "date": "2023-11-10", "close": 3.689654, "volume": 84498, "typical_volume": 158311.15, "trend": 3.197918, "fair_value": 3.023993, "relative_strength": 27.377541, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.682536, "energy": 84.563338, "activity_lines": [ 3.695539, 3.581272, 3.400502, 3.312123 ] }, { "date": "2023-11-17", "close": 3.769097, "volume": 190104, "typical_volume": 163453.85, "trend": 3.22835, "fair_value": 3.035699, "relative_strength": 28.933047, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 75.36738, "energy": 69.128525, "activity_lines": [ 3.714958, 3.637982, 3.446461, 3.348974 ] }, { "date": "2023-11-24", "close": 4.113346, "volume": 356172, "typical_volume": 173821.8, "trend": 3.269973, "fair_value": 3.048431, "relative_strength": 39.172941, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 93.164694, "energy": 76.040952, "activity_lines": [ 3.849127, 3.744692, 3.521954, 3.40607 ] }, { "date": "2023-12-01", "close": 4.139828, "volume": 225990, "typical_volume": 180388.55, "trend": 3.312194, "fair_value": 3.061192, "relative_strength": 36.982824, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 89.341639, "energy": 92.620361, "activity_lines": [ 3.967997, 3.838001, 3.595322, 3.46219 ] }, { "date": "2023-12-08", "close": 4.086866, "volume": 559920, "typical_volume": 202744.35, "trend": 3.350092, "fair_value": 3.073849, "relative_strength": 32.66718, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 74.797506, "energy": 88.633946, "activity_lines": [ 4.037435, 3.904878, 3.658873, 3.512169 ] }, { "date": "2023-12-15", "close": 4.131001, "volume": 4031383, "typical_volume": 399082.75, "trend": 3.380082, "fair_value": 3.086129, "relative_strength": 32.345489, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 73.843383, "energy": 88.170119, "activity_lines": [ 4.094516, 3.964573, 3.721983, 3.56255 ] }, { "date": "2023-12-22", "close": 4.060385, "volume": 371343, "typical_volume": 413460.1, "trend": 3.412266, "fair_value": 3.097956, "relative_strength": 28.138641, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.829608, "energy": 67.481787, "activity_lines": [ 4.098635, 3.997473, 3.773512, 3.60644 ] }, { "date": "2023-12-29", "close": 4.051558, "volume": 121403, "typical_volume": 416814.4, "trend": 3.445009, "fair_value": 3.109254, "relative_strength": 25.429057, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.423219, "energy": 64.338345, "activity_lines": [ 4.080393, 4.023473, 3.819723, 3.647685 ] }, { "date": "2024-01-05", "close": 4.051558, "volume": 153274, "typical_volume": 417979.45, "trend": 3.478888, "fair_value": 3.120128, "relative_strength": 24.697123, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.108813, "energy": 61.634946, "activity_lines": [ 4.06627, 4.044015, 3.861499, 3.686817 ] }, { "date": "2024-01-12", "close": 4.087334, "volume": 120307, "typical_volume": 417630.6, "trend": 3.51197, "fair_value": 3.131041, "relative_strength": 23.630898, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.65568, "energy": 61.286631, "activity_lines": [ 4.069956, 4.064001, 3.901832, 3.726072 ] }, { "date": "2024-01-19", "close": 4.114165, "volume": 289321, "typical_volume": 420168.95, "trend": 3.544525, "fair_value": 3.141408, "relative_strength": 25.343165, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.62984, "energy": 61.249322, "activity_lines": [ 4.082556, 4.081474, 3.940488, 3.764923 ] }, { "date": "2024-01-26", "close": 4.096278, "volume": 52723, "typical_volume": 411237.6, "trend": 3.57819, "fair_value": 3.152139, "relative_strength": 21.609745, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.012857, "energy": 58.993616, "activity_lines": [ 4.090315, 4.087977, 3.972623, 3.80052 ] }, { "date": "2024-02-02", "close": 4.167828, "volume": 200107, "typical_volume": 415734.8, "trend": 3.612534, "fair_value": 3.163424, "relative_strength": 22.13567, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 72.219446, "energy": 62.664122, "activity_lines": [ 4.119532, 4.10154, 4.006718, 3.838561 ] }, { "date": "2024-02-09", "close": 4.033671, "volume": 129809, "typical_volume": 419099.1, "trend": 3.642407, "fair_value": 3.174088, "relative_strength": 17.988274, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 60.804043, "energy": 50.76481, "activity_lines": [ 4.096278, 4.08972, 4.023005, 3.865731 ] }, { "date": "2024-02-16", "close": 4.158885, "volume": 403681, "typical_volume": 430378.4, "trend": 3.677322, "fair_value": 3.18522, "relative_strength": 22.10862, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.810609, "energy": 50.346112, "activity_lines": [ 4.115954, 4.102596, 4.047323, 3.899053 ] }, { "date": "2024-02-23", "close": 4.203603, "volume": 168854, "typical_volume": 424551.5, "trend": 3.713728, "fair_value": 3.197164, "relative_strength": 22.496731, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 73.971681, "energy": 57.84285, "activity_lines": [ 4.145767, 4.122294, 4.071573, 3.933006 ] }, { "date": "2024-03-01", "close": 4.230435, "volume": 1085917, "typical_volume": 459481.75, "trend": 3.750739, "fair_value": 3.20928, "relative_strength": 22.023598, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 72.469738, "energy": 56.602894, "activity_lines": [ 4.178561, 4.14555, 4.094378, 3.966342 ] }, { "date": "2024-03-08", "close": 4.293043, "volume": 295466, "typical_volume": 459342.8, "trend": 3.789836, "fair_value": 3.221081, "relative_strength": 21.054772, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 78.619602, "energy": 73.71164, "activity_lines": [ 4.22328, 4.177098, 4.120949, 4.00133 ] }, { "date": "2024-03-15", "close": 4.2387, "volume": 214527, "typical_volume": 464891.6, "trend": 3.83002, "fair_value": 3.232098, "relative_strength": 20.186548, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.738838, "energy": 71.082379, "activity_lines": [ 4.241538, 4.194374, 4.139766, 4.030289 ] }, { "date": "2024-03-22", "close": 4.130015, "volume": 115058, "typical_volume": 458492.85, "trend": 3.861076, "fair_value": 3.24164, "relative_strength": 14.279602, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.454611, "energy": 52.000176, "activity_lines": [ 4.209898, 4.188487, 4.145491, 4.049643 ] }, { "date": "2024-03-29", "close": 4.166244, "volume": 153392, "typical_volume": 461937.55, "trend": 3.896526, "fair_value": 3.251512, "relative_strength": 13.300989, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 56.582755, "energy": 42.876589, "activity_lines": [ 4.19226, 4.188411, 4.152527, 4.069331 ] }, { "date": "2024-04-05", "close": 4.166244, "volume": 129469, "typical_volume": 458905.8, "trend": 3.932846, "fair_value": 3.261335, "relative_strength": 13.451867, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 40.524604, "energy": 27.360298, "activity_lines": [ 4.177112, 4.187388, 4.157294, 4.086732 ] }, { "date": "2024-04-12", "close": 4.211529, "volume": 56781, "typical_volume": 443936.25, "trend": 3.969516, "fair_value": 3.270329, "relative_strength": 14.676629, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 42.487875, "energy": 24.461495, "activity_lines": [ 4.181339, 4.193326, 4.164482, 4.104712 ] }, { "date": "2024-04-19", "close": 4.166244, "volume": 384228, "typical_volume": 451848.15, "trend": 4.0012, "fair_value": 3.279373, "relative_strength": 13.933376, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 35.841324, "energy": 21.454806, "activity_lines": [ 4.175905, 4.190237, 4.166891, 4.117404 ] }, { "date": "2024-04-26", "close": 3.93076, "volume": 97898, "typical_volume": 428747.05, "trend": 4.023876, "fair_value": 3.286567, "relative_strength": 6.785816, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -9.252928, "energy": 12.418606, "activity_lines": [ 4.096806, 4.141921, 4.146746, 4.11286 ] }, { "date": "2024-05-03", "close": 3.903589, "volume": 200204, "typical_volume": 237188.1, "trend": 4.04188, "fair_value": 3.293734, "relative_strength": 4.317389, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -32.39839, "energy": 30.899585, "activity_lines": [ 4.021935, 4.092814, 4.124757, 4.105099 ] }, { "date": "2024-05-10", "close": 3.613764, "volume": 623115, "typical_volume": 249776.7, "trend": 4.036702, "fair_value": 3.298993, "relative_strength": -2.286757, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "mixed", "direction": -60.091603, "energy": 71.809483, "activity_lines": [ 3.867965, 3.996465, 4.076248, 4.077479 ] }, { "date": "2024-05-17", "close": 3.668106, "volume": 140272, "typical_volume": 250720.15, "trend": 4.033924, "fair_value": 3.304893, "relative_strength": -0.630152, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -52.814357, "energy": 79.305115, "activity_lines": [ 3.768941, 3.921209, 4.035042, 4.053698 ] }, { "date": "2024-05-24", "close": 3.749619, "volume": 220940, "typical_volume": 254103.45, "trend": 4.036806, "fair_value": 3.308542, "relative_strength": 0.510632, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -65.631676, "energy": 82.768871, "activity_lines": [ 3.733317, 3.872137, 4.003425, 4.035356 ] }, { "date": "2024-05-31", "close": 3.713391, "volume": 191635, "typical_volume": 257669.85, "trend": 4.037891, "fair_value": 3.312397, "relative_strength": -1.490752, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.875537, "energy": 82.466934, "activity_lines": [ 3.713391, 3.825369, 3.969795, 4.014491 ] }, { "date": "2024-06-07", "close": 3.559421, "volume": 202354, "typical_volume": 253321.5, "trend": 4.03355, "fair_value": 3.313659, "relative_strength": -5.721421, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -79.526515, "energy": 83.39387, "activity_lines": [ 3.656633, 3.758182, 3.923282, 3.983622 ] }, { "date": "2024-06-14", "close": 3.713391, "volume": 184872, "typical_volume": 259928.95, "trend": 4.031693, "fair_value": 3.31581, "relative_strength": -2.012279, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.31068, "energy": 55.693231, "activity_lines": [ 3.674144, 3.730023, 3.894075, 3.962966 ] }, { "date": "2024-06-21", "close": 3.713391, "volume": 163620, "typical_volume": 258104.6, "trend": 4.018362, "fair_value": 3.317816, "relative_strength": -0.783554, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.908858, "energy": 51.605113, "activity_lines": [ 3.685012, 3.710098, 3.866691, 3.942431 ] }, { "date": "2024-06-28", "close": 3.514136, "volume": 101566, "typical_volume": 256692.45, "trend": 3.997505, "fair_value": 3.318496, "relative_strength": -6.617448, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -75.523913, "energy": 58.028581, "activity_lines": [ 3.626443, 3.663001, 3.822494, 3.9099 ] }, { "date": "2024-07-05", "close": 3.62282, "volume": 260915, "typical_volume": 249554.15, "trend": 3.982037, "fair_value": 3.320262, "relative_strength": -4.619433, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -59.388324, "energy": 47.986322, "activity_lines": [ 3.619801, 3.647521, 3.791122, 3.885727 ] }, { "date": "2024-07-12", "close": 3.803961, "volume": 106854, "typical_volume": 246454.15, "trend": 3.971136, "fair_value": 3.323384, "relative_strength": -2.960842, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -44.91247, "energy": 34.398339, "activity_lines": [ 3.679578, 3.670576, 3.779554, 3.874238 ] }, { "date": "2024-07-19", "close": 4.07513, "volume": 203565, "typical_volume": 202336.55, "trend": 3.971627, "fair_value": 3.328392, "relative_strength": 1.923866, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -12.102901, "energy": 11.243274, "activity_lines": [ 3.813441, 3.744745, 3.795715, 3.880947 ] }, { "date": "2024-07-26", "close": 3.936834, "volume": 304516, "typical_volume": 202789.05, "trend": 3.967803, "fair_value": 3.332416, "relative_strength": -2.064155, "stage": 3, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -14.104821, "energy": 20.223846, "activity_lines": [ 3.87709, 3.785381, 3.799445, 3.878702 ] }, { "date": "2024-08-02", "close": 4.019812, "volume": 130731, "typical_volume": 198599.25, "trend": 3.966745, "fair_value": 3.336971, "relative_strength": -1.190929, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 4.990451, "energy": 25.033081, "activity_lines": [ 3.953502, 3.836218, 3.812773, 3.882058 ] }, { "date": "2024-08-09", "close": 3.927614, "volume": 203461, "typical_volume": 203019.4, "trend": 3.961421, "fair_value": 3.340984, "relative_strength": -2.134118, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 18.596681, "energy": 31.21137, "activity_lines": [ 3.965469, 3.865378, 3.818363, 3.879533 ] }, { "date": "2024-08-16", "close": 3.964494, "volume": 187213, "typical_volume": 204710.45, "trend": 3.956432, "fair_value": 3.345678, "relative_strength": -5.25326, "stage": 3, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 17.616212, "energy": 31.83233, "activity_lines": [ 3.969411, 3.89735, 3.828429, 3.879732 ] }, { "date": "2024-08-23", "close": 4.019812, "volume": 183238, "typical_volume": 207398.9, "trend": 3.953883, "fair_value": 3.350234, "relative_strength": -2.653658, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 25.46971, "energy": 41.388121, "activity_lines": [ 3.981089, 3.932014, 3.844724, 3.883821 ] }, { "date": "2024-08-30", "close": 3.780098, "volume": 134506, "typical_volume": 211285.15, "trend": 3.940959, "fair_value": 3.352315, "relative_strength": -8.038801, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "down", "direction": -25.066607, "energy": 15.282645, "activity_lines": [ 3.916551, 3.917523, 3.838887, 3.872609 ] }, { "date": "2024-09-06", "close": 3.918395, "volume": 124635, "typical_volume": 198305.5, "trend": 3.937116, "fair_value": 3.355233, "relative_strength": -6.157771, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -19.453892, "energy": 11.913174, "activity_lines": [ 3.90856, 3.926964, 3.848275, 3.871153 ] }, { "date": "2024-09-13", "close": 3.946054, "volume": 111460, "typical_volume": 198983.6, "trend": 3.930022, "fair_value": 3.358329, "relative_strength": -7.273227, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 0.05902, "energy": 4.161223, "activity_lines": [ 3.916551, 3.934083, 3.861478, 3.87173 ] }, { "date": "2024-09-20", "close": 4.148889, "volume": 615381, "typical_volume": 219742.45, "trend": 3.928198, "fair_value": 3.363169, "relative_strength": -0.028998, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 39.912955, "energy": 23.264125, "activity_lines": [ 3.990924, 3.972205, 3.893925, 3.88585 ] }, { "date": "2024-09-27", "close": 4.10279, "volume": 269664, "typical_volume": 202069.9, "trend": 3.923943, "fair_value": 3.367615, "relative_strength": -1.210067, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 36.488177, "energy": 44.273199, "activity_lines": [ 4.037637, 3.995673, 3.920814, 3.897114 ] }, { "date": "2024-10-04", "close": 4.241086, "volume": 247693, "typical_volume": 207440.95, "trend": 3.922211, "fair_value": 3.372898, "relative_strength": 0.58386, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 46.294348, "energy": 61.24442, "activity_lines": [ 4.124917, 4.043783, 3.958545, 3.917575 ] }, { "date": "2024-10-11", "close": 4.295928, "volume": 101012, "typical_volume": 201444.55, "trend": 3.924119, "fair_value": 3.37868, "relative_strength": 0.095187, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 76.981891, "energy": 79.737955, "activity_lines": [ 4.199746, 4.096333, 3.998771, 3.941686 ] }, { "date": "2024-10-18", "close": 4.202538, "volume": 229769, "typical_volume": 203351.25, "trend": 3.926536, "fair_value": 3.383665, "relative_strength": -1.838381, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.663505, "energy": 75.942341, "activity_lines": [ 4.218275, 4.126883, 4.027501, 3.959648 ] }, { "date": "2024-10-25", "close": 4.193199, "volume": 116394, "typical_volume": 199053.25, "trend": 3.927435, "fair_value": 3.388789, "relative_strength": -1.588103, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 63.256355, "energy": 74.180691, "activity_lines": [ 4.216593, 4.150735, 4.053012, 3.976852 ] }, { "date": "2024-11-01", "close": 4.174521, "volume": 141154, "typical_volume": 196867.35, "trend": 3.927711, "fair_value": 3.394342, "relative_strength": -0.377816, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 60.20672, "energy": 61.629337, "activity_lines": [ 4.20573, 4.167034, 4.073727, 3.992793 ] }, { "date": "2024-11-08", "close": 4.230555, "volume": 1078826, "typical_volume": 242627.65, "trend": 3.928345, "fair_value": 3.399556, "relative_strength": -0.709597, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 61.865909, "energy": 46.521992, "activity_lines": [ 4.208764, 4.190708, 4.097582, 4.012332 ] }, { "date": "2024-11-15", "close": 4.202538, "volume": 125030, "typical_volume": 243800.85, "trend": 3.929555, "fair_value": 3.404041, "relative_strength": -0.668846, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 55.440115, "energy": 41.016513, "activity_lines": [ 4.203161, 4.201097, 4.116306, 4.030022 ] }, { "date": "2024-11-22", "close": 4.445352, "volume": 163131, "typical_volume": 238911.65, "trend": 3.946708, "fair_value": 3.410582, "relative_strength": 2.347705, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 78.925224, "energy": 55.635044, "activity_lines": [ 4.284721, 4.250469, 4.154878, 4.063299 ] }, { "date": "2024-11-29", "close": 5.024367, "volume": 580959, "typical_volume": 262616.9, "trend": 3.984067, "fair_value": 3.420634, "relative_strength": 15.321803, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 93.536058, "energy": 94.222474, "activity_lines": [ 4.543099, 4.396037, 4.244676, 4.132825 ] }, { "date": "2024-12-06", "close": 4.968334, "volume": 275018, "typical_volume": 266189.55, "trend": 4.029219, "fair_value": 3.430278, "relative_strength": 16.109937, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 90.022957, "energy": 95.575231, "activity_lines": [ 4.727388, 4.5155, 4.323327, 4.196326 ] }, { "date": "2024-12-13", "close": 5.136436, "volume": 336680, "typical_volume": 267797.75, "trend": 4.078164, "fair_value": 3.440999, "relative_strength": 20.247249, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 89.272602, "energy": 95.877118, "activity_lines": [ 4.914791, 4.64979, 4.413734, 4.26776 ] }, { "date": "2024-12-20", "close": 4.921638, "volume": 150606, "typical_volume": 268791.5, "trend": 4.117231, "fair_value": 3.450743, "relative_strength": 13.669204, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.087354, "energy": 88.151642, "activity_lines": [ 4.970201, 4.728747, 4.477972, 4.322177 ] }, { "date": "2024-12-27", "close": 4.949656, "volume": 36471, "typical_volume": 260442.0, "trend": 4.15844, "fair_value": 3.460167, "relative_strength": 11.514968, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.782244, "energy": 85.11323, "activity_lines": [ 4.987012, 4.801421, 4.540584, 4.375882 ] }, { "date": "2025-01-03", "close": 5.201808, "volume": 20849, "typical_volume": 252123.8, "trend": 4.213186, "fair_value": 3.470609, "relative_strength": 18.067589, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 81.310752, "energy": 71.967189, "activity_lines": [ 5.054252, 4.906357, 4.622343, 4.443196 ] }, { "date": "2025-01-10", "close": 5.080892, "volume": 124302, "typical_volume": 249177.0, "trend": 4.258769, "fair_value": 3.480326, "relative_strength": 16.532127, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.829066, "energy": 65.135869, "activity_lines": [ 5.069358, 4.97097, 4.686695, 4.499177 ] }, { "date": "2025-01-17", "close": 5.071431, "volume": 130802, "typical_volume": 248991.8, "trend": 4.304037, "fair_value": 3.490688, "relative_strength": 14.020537, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.912512, "energy": 63.525765, "activity_lines": [ 5.073806, 5.017383, 4.745093, 4.551607 ] }, { "date": "2025-01-24", "close": 5.118738, "volume": 142951, "typical_volume": 249907.6, "trend": 4.357524, "fair_value": 3.50211, "relative_strength": 15.702702, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.769099, "energy": 63.282097, "activity_lines": [ 5.098357, 5.057109, 4.801847, 4.604169 ] }, { "date": "2025-01-31", "close": 5.184969, "volume": 136445, "typical_volume": 251156.85, "trend": 4.409596, "fair_value": 3.514108, "relative_strength": 17.138093, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 69.404227, "energy": 61.377443, "activity_lines": [ 5.131845, 5.092219, 4.859193, 4.657552 ] }, { "date": "2025-02-07", "close": 5.336356, "volume": 194715, "typical_volume": 230123.55, "trend": 4.460675, "fair_value": 3.526421, "relative_strength": 20.923188, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 77.694281, "energy": 63.30622, "activity_lines": [ 5.200108, 5.141406, 4.925057, 4.717343 ] }, { "date": "2025-02-14", "close": 5.260663, "volume": 115536, "typical_volume": 222417.15, "trend": 4.500193, "fair_value": 3.538702, "relative_strength": 18.075791, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.163133, "energy": 58.355659, "activity_lines": [ 5.23417, 5.171158, 4.978058, 4.768955 ] }, { "date": "2025-02-21", "close": 5.676974, "volume": 277814, "typical_volume": 223923.2, "trend": 4.558198, "fair_value": 3.554157, "relative_strength": 29.15765, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 86.062662, "energy": 68.063527, "activity_lines": [ 5.395018, 5.271288, 5.065193, 4.844877 ] }, { "date": "2025-02-28", "close": 5.572896, "volume": 307551, "typical_volume": 234250.15, "trend": 4.609967, "fair_value": 3.568491, "relative_strength": 27.726041, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 76.902156, "energy": 77.570305, "activity_lines": [ 5.480803, 5.342667, 5.135579, 4.910341 ] }, { "date": "2025-03-07", "close": 5.676974, "volume": 157878, "typical_volume": 230655.6, "trend": 4.668279, "fair_value": 3.584349, "relative_strength": 31.512966, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 79.090716, "energy": 86.655181, "activity_lines": [ 5.571004, 5.421128, 5.209796, 4.97918 ] }, { "date": "2025-03-14", "close": 5.601281, "volume": 291752, "typical_volume": 239423.5, "trend": 4.722839, "fair_value": 3.599621, "relative_strength": 30.47704, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.706466, "energy": 85.86573, "activity_lines": [ 5.603173, 5.472603, 5.269784, 5.039374 ] }, { "date": "2025-03-21", "close": 5.553973, "volume": 205747, "typical_volume": 242653.15, "trend": 4.773978, "fair_value": 3.614539, "relative_strength": 30.192541, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.53351, "energy": 79.61184, "activity_lines": [ 5.601912, 5.508213, 5.31856, 5.092995 ] }, { "date": "2025-03-28", "close": 5.497203, "volume": 156917, "typical_volume": 196557.7, "trend": 4.831214, "fair_value": 3.629044, "relative_strength": 26.325818, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.999593, "energy": 60.823524, "activity_lines": [ 5.562173, 5.5249, 5.355361, 5.139655 ] }, { "date": "2025-04-04", "close": 5.440434, "volume": 201555, "typical_volume": 200383.95, "trend": 4.881949, "fair_value": 3.643288, "relative_strength": 24.990769, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 49.925635, "energy": 49.005025, "activity_lines": [ 5.515496, 5.523524, 5.380724, 5.178959 ] }, { "date": "2025-04-11", "close": 5.555373, "volume": 187852, "typical_volume": 201620.0, "trend": 4.935593, "fair_value": 3.658219, "relative_strength": 29.059111, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 49.951567, "energy": 43.549008, "activity_lines": [ 5.515962, 5.537197, 5.411139, 5.222406 ] }, { "date": "2025-04-18", "close": 5.555373, "volume": 50652, "typical_volume": 175104.65, "trend": 4.982476, "fair_value": 3.673354, "relative_strength": 27.276579, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 47.482796, "energy": 39.00875, "activity_lines": [ 5.524536, 5.544135, 5.436268, 5.262392 ] }, { "date": "2025-04-25", "close": 5.507481, "volume": 106115, "typical_volume": 166659.5, "trend": 5.029299, "fair_value": 3.688028, "relative_strength": 26.395701, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 44.976098, "energy": 36.079253, "activity_lines": [ 5.520206, 5.538383, 5.454307, 5.296263 ] }, { "date": "2025-05-02", "close": 5.641576, "volume": 542167, "typical_volume": 176933.85, "trend": 5.075982, "fair_value": 3.704023, "relative_strength": 25.348312, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 66.402294, "energy": 46.261655, "activity_lines": [ 5.563674, 5.552525, 5.482549, 5.335765 ] }, { "date": "2025-05-09", "close": 5.718202, "volume": 242126, "typical_volume": 181509.85, "trend": 5.123391, "fair_value": 3.720919, "relative_strength": 23.307288, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 72.270876, "energy": 52.698693, "activity_lines": [ 5.623058, 5.581243, 5.515684, 5.377199 ] }, { "date": "2025-05-16", "close": 5.833141, "volume": 183393, "typical_volume": 188855.95, "trend": 5.177744, "fair_value": 3.738961, "relative_strength": 23.080356, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 77.536075, "energy": 57.209569, "activity_lines": [ 5.702238, 5.628216, 5.555973, 5.422989 ] }, { "date": "2025-05-23", "close": 5.746937, "volume": 133545, "typical_volume": 194490.75, "trend": 5.229536, "fair_value": 3.756604, "relative_strength": 22.218048, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 67.057435, "energy": 74.151904, "activity_lines": [ 5.734166, 5.656677, 5.583844, 5.459711 ] }, { "date": "2025-05-30", "close": 6.225848, "volume": 559348, "typical_volume": 216243.05, "trend": 5.297913, "fair_value": 3.776907, "relative_strength": 33.005468, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 93.855486, "energy": 94.870159, "activity_lines": [ 5.912959, 5.769564, 5.65473, 5.523989 ] }, { "date": "2025-06-06", "close": 6.168379, "volume": 157404, "typical_volume": 217573.15, "trend": 5.362507, "fair_value": 3.7972, "relative_strength": 29.005477, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 85.824969, "energy": 93.277371, "activity_lines": [ 6.024705, 5.859786, 5.714691, 5.580148 ] }, { "date": "2025-06-13", "close": 6.283318, "volume": 219115, "typical_volume": 221381.35, "trend": 5.431867, "fair_value": 3.819049, "relative_strength": 30.285532, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 85.196938, "energy": 93.373876, "activity_lines": [ 6.139644, 5.958703, 5.780375, 5.639555 ] }, { "date": "2025-06-20", "close": 6.359943, "volume": 158172, "typical_volume": 222467.7, "trend": 5.495686, "fair_value": 3.84139, "relative_strength": 30.475884, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 82.686301, "energy": 92.662893, "activity_lines": [ 6.24245, 6.056227, 5.847811, 5.699431 ] }, { "date": "2025-06-27", "close": 6.608977, "volume": 237421, "typical_volume": 224603.0, "trend": 5.548507, "fair_value": 3.864405, "relative_strength": 33.931911, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 89.391392, "energy": 93.104573, "activity_lines": [ 6.393148, 6.184401, 5.933369, 5.771256 ] }, { "date": "2025-07-04", "close": 6.800542, "volume": 163988, "typical_volume": 227025.6, "trend": 5.60958, "fair_value": 3.889262, "relative_strength": 34.352505, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 90.817589, "energy": 93.428854, "activity_lines": [ 6.550231, 6.328248, 6.031111, 5.852033 ] }, { "date": "2025-07-11", "close": 6.53159, "volume": 194467, "typical_volume": 222858.25, "trend": 5.656086, "fair_value": 3.911833, "relative_strength": 28.59593, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 68.079004, "energy": 80.801737, "activity_lines": [ 6.57935, 6.399685, 6.095906, 5.911517 ] }, { "date": "2025-07-18", "close": 6.502474, "volume": 167146, "typical_volume": 215838.0, "trend": 5.70878, "fair_value": 3.934425, "relative_strength": 25.050785, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.376017, "energy": 66.610311, "activity_lines": [ 6.57455, 6.449646, 6.153859, 5.966123 ] }, { "date": "2025-07-25", "close": 6.551001, "volume": 118345, "typical_volume": 213861.35, "trend": 5.762158, "fair_value": 3.957224, "relative_strength": 25.110468, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.931058, "energy": 63.737412, "activity_lines": [ 6.571315, 6.494171, 6.212007, 6.02046 ] }, { "date": "2025-08-01", "close": 6.628642, "volume": 138141, "typical_volume": 206180.8, "trend": 5.809719, "fair_value": 3.980417, "relative_strength": 26.643664, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.575883, "energy": 58.92372, "activity_lines": [ 6.581224, 6.53976, 6.273387, 6.076362 ] }, { "date": "2025-08-08", "close": 6.609231, "volume": 196252, "typical_volume": 205706.05, "trend": 5.860664, "fair_value": 4.003015, "relative_strength": 24.016171, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.271661, "energy": 53.829147, "activity_lines": [ 6.583351, 6.565789, 6.328026, 6.127944 ] }, { "date": "2025-08-15", "close": 6.560705, "volume": 168332, "typical_volume": 206276.8, "trend": 5.910306, "fair_value": 4.025355, "relative_strength": 21.565314, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 58.705681, "energy": 49.982874, "activity_lines": [ 6.582057, 6.576025, 6.373018, 6.173107 ] }, { "date": "2025-08-22", "close": 6.677168, "volume": 144229, "typical_volume": 203410.5, "trend": 5.962254, "fair_value": 4.048598, "relative_strength": 21.204356, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.174278, "energy": 51.147891, "activity_lines": [ 6.617643, 6.600302, 6.424038, 6.222582 ] }, { "date": "2025-08-29", "close": 6.696578, "volume": 170847, "typical_volume": 202560.25, "trend": 6.012641, "fair_value": 4.071965, "relative_strength": 21.425628, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.741926, "energy": 51.67158, "activity_lines": [ 6.648052, 6.620948, 6.471017, 6.269958 ] }, { "date": "2025-09-05", "close": 6.79363, "volume": 91880, "typical_volume": 204621.65, "trend": 6.061217, "fair_value": 4.096163, "relative_strength": 19.364427, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 71.890247, "energy": 55.308583, "activity_lines": [ 6.701107, 6.653119, 6.521806, 6.320345 ] }, { "date": "2025-09-12", "close": 6.79363, "volume": 111261, "typical_volume": 204878.95, "trend": 6.112316, "fair_value": 4.120413, "relative_strength": 18.236304, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.738613, "energy": 56.075146, "activity_lines": [ 6.743163, 6.681932, 6.566697, 6.367597 ] }, { "date": "2025-09-19", "close": 6.696578, "volume": 291475, "typical_volume": 192344.35, "trend": 6.146303, "fair_value": 4.14451, "relative_strength": 15.625326, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.227887, "energy": 51.429531, "activity_lines": [ 6.740575, 6.693225, 6.596221, 6.405291 ] }, { "date": "2025-09-26", "close": 6.842156, "volume": 114936, "typical_volume": 185984.85, "trend": 6.188611, "fair_value": 4.169958, "relative_strength": 18.219724, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 69.765477, "energy": 54.573853, "activity_lines": [ 6.777455, 6.727988, 6.634586, 6.450185 ] }, { "date": "2025-10-03", "close": 6.890682, "volume": 827238, "typical_volume": 218177.1, "trend": 6.229068, "fair_value": 4.195091, "relative_strength": 14.645194, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 70.821988, "energy": 55.231512, "activity_lines": [ 6.819511, 6.765397, 6.67222, 6.49548 ] }, { "date": "2025-10-10", "close": 7.007143, "volume": 119479, "typical_volume": 217473.8, "trend": 6.27593, "fair_value": 4.221497, "relative_strength": 16.055451, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 76.919573, "energy": 60.900152, "activity_lines": [ 6.887446, 6.817805, 6.71591, 6.545678 ] }, { "date": "2025-10-17", "close": 7.173748, "volume": 91167, "typical_volume": 194064.75, "trend": 6.329923, "fair_value": 4.249129, "relative_strength": 19.321127, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 82.574273, "energy": 75.924628, "activity_lines": [ 6.996683, 6.893622, 6.769466, 6.603602 ] }, { "date": "2025-10-24", "close": 7.114946, "volume": 814523, "typical_volume": 226920.7, "trend": 6.383848, "fair_value": 4.276172, "relative_strength": 16.433726, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 71.926088, "energy": 77.048833, "activity_lines": [ 7.060978, 6.948485, 6.812908, 6.654249 ] }, { "date": "2025-10-31", "close": 7.163947, "volume": 96839, "typical_volume": 220806.9, "trend": 6.441298, "fair_value": 4.303266, "relative_strength": 14.928203, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 73.471722, "energy": 79.477558, "activity_lines": [ 7.113715, 7.00218, 6.856509, 6.704578 ] }, { "date": "2025-11-07", "close": 7.614757, "volume": 283828, "typical_volume": 227089.7, "trend": 6.509944, "fair_value": 4.333355, "relative_strength": 20.551044, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 92.993865, "energy": 92.764025, "activity_lines": [ 7.29527, 7.128989, 6.938851, 6.780285 ] }, { "date": "2025-11-14", "close": 7.644157, "volume": 426836, "typical_volume": 236560.45, "trend": 6.57957, "fair_value": 4.363579, "relative_strength": 21.042758, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 88.46194, "energy": 93.760954, "activity_lines": [ 7.438353, 7.24445, 7.018018, 6.85346 ] }, { "date": "2025-11-21", "close": 7.859762, "volume": 748620, "typical_volume": 265792.05, "trend": 6.65798, "fair_value": 4.39508, "relative_strength": 23.633524, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 90.39866, "energy": 95.251208, "activity_lines": [ 7.610837, 7.383648, 7.112789, 6.936053 ] }, { "date": "2025-11-28", "close": 7.908762, "volume": 408601, "typical_volume": 276498.75, "trend": 6.733552, "fair_value": 4.427265, "relative_strength": 22.755459, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 84.46056, "energy": 93.891507, "activity_lines": [ 7.753919, 7.512371, 7.207183, 7.016748 ] }, { "date": "2025-12-05", "close": 7.546154, "volume": 456813, "typical_volume": 290982.1, "trend": 6.794484, "fair_value": 4.45739, "relative_strength": 16.367238, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.814583, "energy": 80.367639, "activity_lines": [ 7.723212, 7.553125, 7.260485, 7.069174 ] }, { "date": "2025-12-12", "close": 7.624557, "volume": 134958, "typical_volume": 291812.75, "trend": 6.854198, "fair_value": 4.488441, "relative_strength": 17.472574, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.668977, "energy": 65.230723, "activity_lines": [ 7.693158, 7.595334, 7.316283, 7.122727 ] }, { "date": "2025-12-19", "close": 7.889163, "volume": 298849, "typical_volume": 299848.15, "trend": 6.925606, "fair_value": 4.5214, "relative_strength": 21.207056, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 75.574182, "energy": 63.692398, "activity_lines": [ 7.750653, 7.67231, 7.392171, 7.189499 ] }, { "date": "2025-12-26", "close": 8.134168, "volume": 49414, "typical_volume": 292506.25, "trend": 6.989216, "fair_value": 4.556141, "relative_strength": 22.075086, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 82.943151, "energy": 66.837085, "activity_lines": [ 7.873482, 7.777796, 7.485389, 7.267471 ] }, { "date": "2026-01-02", "close": 8.124367, "volume": 24050, "typical_volume": 285292.15, "trend": 7.054416, "fair_value": 4.590766, "relative_strength": 20.802876, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 77.569884, "energy": 68.416196, "activity_lines": [ 7.974751, 7.864038, 7.570413, 7.340707 ] }, { "date": "2026-01-09", "close": 8.183454, "volume": 151458, "typical_volume": 285653.6, "trend": 7.117754, "fair_value": 4.626037, "relative_strength": 19.426523, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 75.017125, "energy": 77.984697, "activity_lines": [ 8.081342, 7.94267, 7.653618, 7.413548 ] }, { "date": "2026-01-16", "close": 8.411046, "volume": 569900, "typical_volume": 305606.25, "trend": 7.186124, "fair_value": 4.663088, "relative_strength": 21.492801, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 83.07835, "energy": 90.32187, "activity_lines": [ 8.22131, 8.044146, 7.751325, 7.496986 ] }, { "date": "2026-01-23", "close": 8.480313, "volume": 260124, "typical_volume": 314018.45, "trend": 7.248502, "fair_value": 4.700047, "relative_strength": 23.83025, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 80.968572, "energy": 87.74012, "activity_lines": [ 8.331934, 8.143737, 7.847466, 7.580482 ] }, { "date": "2026-01-30", "close": 8.51, "volume": 169256, "typical_volume": 316918.2, "trend": 7.305484, "fair_value": 4.736874, "relative_strength": 23.400704, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 76.938869, "energy": 82.836974, "activity_lines": [ 8.413044, 8.233524, 7.938401, 7.661869 ] }, { "date": "2026-02-06", "close": 8.0845, "volume": 364777, "typical_volume": 320583.3, "trend": 7.357247, "fair_value": 4.770973, "relative_strength": 16.232113, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.339729, "energy": 63.684864, "activity_lines": [ 8.327266, 8.234124, 7.98064, 7.712128 ] }, { "date": "2026-02-13", "close": 8.21314, "volume": 580091, "typical_volume": 343841.05, "trend": 7.41427, "fair_value": 4.80536, "relative_strength": 19.317372, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.962624, "energy": 56.030277, "activity_lines": [ 8.287025, 8.254918, 8.028521, 7.767347 ] }, { "date": "2026-02-20", "close": 8.38136, "volume": 147555, "typical_volume": 309856.9, "trend": 7.475281, "fair_value": 4.840879, "relative_strength": 19.935282, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.897092, "energy": 55.011382, "activity_lines": [ 8.300878, 8.294171, 8.085895, 7.82974 ] }, { "date": "2026-02-27", "close": 8.312093, "volume": 140258, "typical_volume": 310895.85, "trend": 7.531396, "fair_value": 4.876223, "relative_strength": 14.66538, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 50.256089, "energy": 42.147679, "activity_lines": [ 8.293622, 8.307069, 8.129573, 7.883728 ] }, { "date": "2026-03-06", "close": 8.38136, "volume": 449319, "typical_volume": 328803.45, "trend": 7.590467, "fair_value": 4.91158, "relative_strength": 16.673697, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 56.177161, "energy": 46.180694, "activity_lines": [ 8.320669, 8.324872, 8.173634, 7.938564 ] }, { "date": "2026-03-13", "close": 8.321988, "volume": 301346, "typical_volume": 303144.6, "trend": 7.649177, "fair_value": 4.946826, "relative_strength": 18.018826, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 57.96354, "energy": 45.526489, "activity_lines": [ 8.336501, 8.327386, 8.20629, 7.985759 ] }, { "date": "2026-03-20", "close": 8.450627, "volume": 204196, "typical_volume": 308512.45, "trend": 7.708292, "fair_value": 4.983057, "relative_strength": 20.829238, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.928157, "energy": 48.466642, "activity_lines": [ 8.379381, 8.349695, 8.245449, 8.037466 ] }, { "date": "2026-03-27", "close": 8.460524, "volume": 232769, "typical_volume": 305959.5, "trend": 7.76709, "fair_value": 5.019245, "relative_strength": 20.59115, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.254241, "energy": 46.477609, "activity_lines": [ 8.409727, 8.368946, 8.279424, 8.085997 ] }, { "date": "2026-04-03", "close": 8.608953, "volume": 220072, "typical_volume": 295621.3, "trend": 7.827601, "fair_value": 5.055739, "relative_strength": 22.061095, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 69.386674, "energy": 48.214102, "activity_lines": [ 8.484272, 8.414285, 8.323508, 8.14031 ] }, { "date": "2026-04-10", "close": 8.51, "volume": 726010, "typical_volume": 294490.8, "trend": 7.884814, "fair_value": 5.091709, "relative_strength": 17.344517, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 59.052742, "energy": 43.217865, "activity_lines": [ 8.506042, 8.439293, 8.353573, 8.184336 ] }, { "date": "2026-04-17", "close": 8.51, "volume": 168964, "typical_volume": 282508.95, "trend": 7.945261, "fair_value": 5.127951, "relative_strength": 19.015795, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 56.568568, "energy": 40.7728, "activity_lines": [ 8.519236, 8.464301, 8.380542, 8.224671 ] }, { "date": "2026-04-24", "close": 8.59, "volume": 115616, "typical_volume": 265449.1, "trend": 8.003522, "fair_value": 5.164652, "relative_strength": 19.554436, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.431717, "energy": 42.601206, "activity_lines": [ 8.546562, 8.496119, 8.412267, 8.266267 ] }, { "date": "2026-05-01", "close": 8.65, "volume": 109168, "typical_volume": 264159.6, "trend": 8.062166, "fair_value": 5.201683, "relative_strength": 18.035996, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.697877, "energy": 41.828488, "activity_lines": [ 8.584597, 8.531993, 8.444736, 8.307975 ] }, { "date": "2026-05-08", "close": 9.11, "volume": 273806, "typical_volume": 262907.45, "trend": 8.132262, "fair_value": 5.241171, "relative_strength": 22.037448, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 82.779718, "energy": 64.281952, "activity_lines": [ 8.763333, 8.64662, 8.51613, 8.375577 ] }, { "date": "2026-05-15", "close": 8.75, "volume": 130715, "typical_volume": 266972.5, "trend": 8.184803, "fair_value": 5.276547, "relative_strength": 18.236862, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 59.498392, "energy": 53.356106, "activity_lines": [ 8.788667, 8.681284, 8.547426, 8.415431 ] }, { "date": "2026-05-22", "close": 8.4, "volume": 230884, "typical_volume": 277314.2, "trend": 8.227638, "fair_value": 5.310554, "relative_strength": 12.55576, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 50.252579, "energy": 35.503527, "activity_lines": [ 8.681333, 8.64561, 8.542456, 8.429315 ] }, { "date": "2026-05-29", "close": 8.25, "volume": 577468, "typical_volume": 298614.7, "trend": 8.26384, "fair_value": 5.343764, "relative_strength": 7.992637, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 22.536746, "energy": 15.865116, "activity_lines": [ 8.531333, 8.581244, 8.521888, 8.430758 ] }, { "date": "2026-06-05", "close": 8.12, "volume": 33973, "typical_volume": 271818.35, "trend": 8.280682, "fair_value": 5.376359, "relative_strength": 6.510547, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 3.637121, "energy": 15.749174, "activity_lines": [ 8.360667, 8.49689, 8.488622, 8.421478 ] }, { "date": "2026-06-12", "close": 8.261065, "volume": 48219, "typical_volume": 261223.1, "trend": 8.301245, "fair_value": 5.409476, "relative_strength": 6.075407, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -16.919303, "energy": 26.927249, "activity_lines": [ 8.272355, 8.444375, 8.470176, 8.420212 ] }, { "date": "2026-06-19", "close": 8.498509, "volume": 46641, "typical_volume": 255092.35, "trend": 8.322537, "fair_value": 5.443841, "relative_strength": 7.860106, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -12.56974, "energy": 21.759733, "activity_lines": [ 8.319787, 8.441358, 8.475388, 8.432939 ] }, { "date": "2026-06-26", "close": 8.310533, "volume": 80798, "typical_volume": 240893.4, "trend": 8.335929, "fair_value": 5.477329, "relative_strength": 5.163569, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -16.046613, "energy": 21.762541, "activity_lines": [ 8.321326, 8.404371, 8.462753, 8.432164 ] }, { "date": "2026-07-03", "close": 8.16213, "volume": 86574, "typical_volume": 216217.55, "trend": 8.356462, "fair_value": 5.509539, "relative_strength": 2.12783, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -25.685386, "energy": 28.177637, "activity_lines": [ 8.279363, 8.34403, 8.434907, 8.420951 ] }, { "date": "2026-07-10", "close": 8.36, "volume": 106349, "typical_volume": 214157.25, "trend": 8.380976, "fair_value": 5.543016, "relative_strength": 3.025383, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -12.226226, "energy": 11.590878, "activity_lines": [ 8.309213, 8.327443, 8.426149, 8.42118 ] }, { "date": "2026-07-17", "close": 8.16, "volume": 122741, "typical_volume": 213281.4, "trend": 8.390004, "fair_value": 5.575379, "relative_strength": 0.928683, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -33.854269, "energy": 29.506703, "activity_lines": [ 8.256398, 8.279766, 8.398446, 8.406923 ] }, { "date": "2026-07-24", "close": 8.3, "volume": 117340, "typical_volume": 196682.45, "trend": 8.395532, "fair_value": 5.608639, "relative_strength": 1.773503, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -23.252287, "energy": 24.107448, "activity_lines": [ 8.256986, 8.274817, 8.3848, 8.401116 ] }, { "date": "2026-07-31", "close": 8.16, "volume": 123835, "typical_volume": 187806.9, "trend": 8.39672, "fair_value": 5.640946, "relative_strength": 0.34595, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -57.879421, "energy": 33.260306, "activity_lines": [ 8.224142, 8.252594, 8.358208, 8.385921 ] }, { "date": "2026-08-07", "close": 8.19, "volume": 115450, "typical_volume": 183369.6, "trend": 8.396938, "fair_value": 5.673445, "relative_strength": -0.44593, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -56.512684, "energy": 44.736427, "activity_lines": [ 8.211333, 8.24019, 8.335244, 8.372584 ] } ], "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." } } }