{ "ticker": { "uuid": "62276cb0-eb51-4d6f-8732-ab9506ffad2d", "symbol": "00715L", "name": "JKO S&P GSCI Brent Crude 2X Leveraged ER Futures ETF", "exchange": "TAI", "country": "TW", "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": "^TWII", "stage": 2, "stage_name": "Advancing", "phase": "2a", "phase_label": "Stage 2A \u00b7 Early advance", "transition": "stage_2_healthy", "transition_label": "Stage 2 trend intact", "confidence": 68.638, "architecture_regime": "deceleration", "architecture_regime_label": "Deceleration", "architecture_modifier": "Recompressing", "architecture_gate": "mixed", "architecture_direction": -4.545, "architecture_energy": 15.869, "architecture_maturity": 34.603, "architecture_confidence": 55.75, "architecture_tenure": "New", "architecture": { "interpretation": { "headline": "The upward structure remains, but its energy is decelerating.", "body": "Trend remains positive, but Activity or price acceptance is losing strength. This can become a healthy recompression, a re-acceleration, or a Rotation Down." }, "scores": { "balance": 61.24, "rotation_up": 44.84, "upward_expansion": 30.93, "deceleration": 49.94, "rotation_down": 21.54, "downward_expansion": 24.26 }, "activity_lines": [ 45.851333, 43.303817, 47.422238, 47.602365 ], "activity_state": "Compressed", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": -0.166667 }, "latest_close": 43.02, "trend_reference": 44.209667, "distance_from_trend": -0.02691, "trend_direction": "Improving", "fair_value": 19.958013, "distance_from_fair_value": 1.155525, "fair_value_direction": "Weakening", "relative_strength": 12.425761, "relative_strength_direction": "Weakening", "price_momentum": 0.730491, "excess_performance": 0.351179, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.02691, "read": "Below" }, { "label": "Trend direction", "positive": true, "value": 0.270527, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 1.155525, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -1.247458, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.124258, "read": "Leading" }, { "label": "Relative strength direction", "positive": false, "value": -0.811609, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.730491, "read": "Positive" }, { "label": "Volume balance", "positive": false, "value": 0.606075, "read": "Supply-led" } ], "volume": { "latest": 54603616, "relative_activity": 0.70187, "balance": 0.606075, "dry_up": 0.795154, "accumulation_observations": 0, "distribution_observations": 0 }, "risk": { "range_context": 0.176036, "annualized_volatility": 1.203601, "from_high_reference": -0.429821, "from_low_reference": 3.566879 }, "levels": { "trend_reference": 44.209667, "fair_value_reference": 19.958013, "structural_low": 22.98, "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 13, "median_return": 0.097419, "positive_rate": 0.615385, "directional_follow_through": 0.615385, "median_excess_return": 0.019143, "regime_survival": 0.461538, "best_return": 0.29316, "worst_return": -0.327778, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 6, "median_return": -0.048369, "positive_rate": 0.333333, "directional_follow_through": 0.333333, "median_excess_return": -0.020205, "regime_survival": 0.0, "best_return": 1.324736, "worst_return": -0.207493, "sufficient": true }, { "horizon": "Extended", "sample_count": 5, "median_return": -0.087167, "positive_rate": 0.2, "directional_follow_through": 0.2, "median_excess_return": -0.202735, "regime_survival": 0.0, "best_return": 1.307054, "worst_return": -0.235839, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 4, "median_return": 0.799594, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": 0.787413, "regime_survival": 0.25, "best_return": 3.100081, "worst_return": -0.236888, "sufficient": false } ], "ledger": [ { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2024-08-23", "end": "2024-09-06", "tenure": "New", "return": -0.100421, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2024-09-13", "end": "2025-01-03", "tenure": "Established", "return": 0.143879, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-01-10", "end": "2025-01-10", "tenure": "New", "return": 0.0, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-01-17", "end": "2025-02-28", "tenure": "Developing", "return": -0.185027, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-03-07", "end": "2025-04-04", "tenure": "Developing", "return": 0.162228, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-04-11", "end": "2025-04-18", "tenure": "New", "return": 0.097826, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-04-25", "end": "2025-07-04", "tenure": "Developing", "return": 0.003656, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-07-11", "end": "2025-10-17", "tenure": "Established", "return": -0.151028, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-10-24", "end": "2025-10-31", "tenure": "New", "return": -0.017857, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-11-07", "end": "2025-11-28", "tenure": "New", "return": -0.008612, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-12-05", "end": "2026-06-05", "tenure": "Established", "return": 1.641419, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-06-12", "end": "2026-07-03", "tenure": "New", "return": -0.321963, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2026-07-10", "end": "2026-07-24", "tenure": "New", "return": 0.427282, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-07-31", "end": "2026-08-07", "tenure": "New", "return": -0.043149, "active": true } ], "chart_path": [ { "date": "2023-08-04", "close": 15.77, "volume": 84211063, "typical_volume": 338145121.85, "trend": 13.474333, "fair_value": 11.99641, "relative_strength": -6.876662, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 47.635805, "energy": 71.049291, "activity_lines": [ 14.69, 13.737636, 13.190714, 13.255871 ] }, { "date": "2023-08-11", "close": 16.120001, "volume": 88696646, "typical_volume": 326863998.9, "trend": 13.561, "fair_value": 12.073077, "relative_strength": -3.030014, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 57.257044, "energy": 80.468674, "activity_lines": [ 15.33, 14.287091, 13.479143, 13.426559 ] }, { "date": "2023-08-18", "close": 15.36, "volume": 100201773, "typical_volume": 315006130.9, "trend": 13.583, "fair_value": 12.146603, "relative_strength": -5.759379, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 40.251867, "energy": 74.566921, "activity_lines": [ 15.482667, 14.619637, 13.67581, 13.542624 ] }, { "date": "2023-08-25", "close": 15.19, "volume": 75217390, "typical_volume": 306250803.05, "trend": 13.588667, "fair_value": 12.216026, "relative_strength": -6.87426, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 65.384012, "energy": 80.880851, "activity_lines": [ 15.482667, 14.861818, 13.844905, 13.646301 ] }, { "date": "2023-09-01", "close": 16.620001, "volume": 75821101, "typical_volume": 298991792.5, "trend": 13.679667, "fair_value": 12.293526, "relative_strength": 1.507767, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 82.074287, "energy": 85.996239, "activity_lines": [ 15.863334, 15.305637, 14.148762, 13.841871 ] }, { "date": "2023-09-08", "close": 17.6, "volume": 92283913, "typical_volume": 296852247.55, "trend": 13.775667, "fair_value": 12.378718, "relative_strength": 8.321207, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 86.772772, "energy": 84.873489, "activity_lines": [ 16.459334, 15.848909, 14.541524, 14.094796 ] }, { "date": "2023-09-15", "close": 19.540001, "volume": 74856403, "typical_volume": 289866154.05, "trend": 13.932333, "fair_value": 12.476282, "relative_strength": 17.719492, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 93.250836, "energy": 95.256721, "activity_lines": [ 17.580001, 16.64, 15.101572, 14.466688 ] }, { "date": "2023-09-22", "close": 19.33, "volume": 85032069, "typical_volume": 267893155.5, "trend": 14.095, "fair_value": 12.574231, "relative_strength": 20.556325, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 84.150988, "energy": 93.658294, "activity_lines": [ 18.402667, 17.266909, 15.611905, 14.814925 ] }, { "date": "2023-09-29", "close": 20.200001, "volume": 56190871, "typical_volume": 251719159.55, "trend": 14.265, "fair_value": 12.681154, "relative_strength": 25.839522, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 85.340141, "energy": 94.290552, "activity_lines": [ 19.250667, 17.953637, 16.167477, 15.208796 ] }, { "date": "2023-10-06", "close": 15.85, "volume": 125698622, "typical_volume": 242487247.75, "trend": 14.323333, "fair_value": 12.758526, "relative_strength": -1.790838, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.711036, "energy": 63.458954, "activity_lines": [ 18.314667, 17.732182, 16.268905, 15.311054 ] }, { "date": "2023-10-13", "close": 16.780001, "volume": 68133508, "typical_volume": 228209980.15, "trend": 14.480667, "fair_value": 12.843269, "relative_strength": 3.093415, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 61.601434, "energy": 50.857172, "activity_lines": [ 17.740001, 17.663455, 16.442667, 15.469549 ] }, { "date": "2023-10-20", "close": 19.360001, "volume": 147321666, "typical_volume": 209766268.05, "trend": 14.724334, "fair_value": 12.945385, "relative_strength": 22.094621, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 76.440793, "energy": 51.029636, "activity_lines": [ 18.080001, 18.045455, 16.840905, 15.784344 ] }, { "date": "2023-10-27", "close": 17.91, "volume": 113714763, "typical_volume": 192290226.4, "trend": 14.889, "fair_value": 13.038654, "relative_strength": 15.844473, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 43.701265, "energy": 28.968486, "activity_lines": [ 17.948667, 18.10491, 17.065, 15.989871 ] }, { "date": "2023-11-03", "close": 17.35, "volume": 115088971, "typical_volume": 154483328.55, "trend": 14.971, "fair_value": 13.127949, "relative_strength": 10.760354, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 42.886794, "energy": 31.224524, "activity_lines": [ 17.725334, 18.016182, 17.208048, 16.148645 ] }, { "date": "2023-11-10", "close": 14.78, "volume": 219374538, "typical_volume": 152490849.2, "trend": 14.940667, "fair_value": 13.201154, "relative_strength": -5.301485, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 16.182913, "energy": 12.472263, "activity_lines": [ 16.835334, 17.420909, 17.080762, 16.136323 ] }, { "date": "2023-11-17", "close": 13.68, "volume": 189651020, "typical_volume": 130805316.35, "trend": 14.932334, "fair_value": 13.271154, "relative_strength": -14.02247, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -12.806732, "energy": 22.834715, "activity_lines": [ 15.65, 16.659091, 16.836857, 16.05499 ] }, { "date": "2023-11-24", "close": 14.79, "volume": 158745625, "typical_volume": 118393470.0, "trend": 14.982, "fair_value": 13.347564, "relative_strength": -6.739261, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -2.430434, "energy": 25.12064, "activity_lines": [ 15.041333, 16.170364, 16.689857, 16.045807 ] }, { "date": "2023-12-01", "close": 14.61, "volume": 148163082, "typical_volume": 113748358.85, "trend": 15.088, "fair_value": 13.420192, "relative_strength": -8.172956, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -23.885031, "energy": 35.707234, "activity_lines": [ 14.677333, 15.735273, 16.515334, 16.021807 ] }, { "date": "2023-12-08", "close": 12.6, "volume": 313410954, "typical_volume": 123070187.15, "trend": 15.113667, "fair_value": 13.478205, "relative_strength": -19.922831, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -41.094358, "energy": 59.165851, "activity_lines": [ 13.863333, 15.020546, 16.146095, 15.861291 ] }, { "date": "2023-12-15", "close": 13.03, "volume": 284508521, "typical_volume": 130816124.95, "trend": 15.133334, "fair_value": 13.535, "relative_strength": -18.306468, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -34.298286, "energy": 57.780471, "activity_lines": [ 13.509333, 14.522182, 15.823286, 15.72686 ] }, { "date": "2023-12-22", "close": 13.87, "volume": 187604740, "typical_volume": 135985808.8, "trend": 15.185, "fair_value": 13.594936, "relative_strength": -12.311216, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -35.09401, "energy": 48.091836, "activity_lines": [ 13.552, 14.227818, 15.589619, 15.645355 ] }, { "date": "2023-12-29", "close": 13.08, "volume": 168234918, "typical_volume": 139962722.4, "trend": 15.228, "fair_value": 13.649744, "relative_strength": -18.343929, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -38.632628, "energy": 48.639061, "activity_lines": [ 13.318667, 13.842727, 15.289762, 15.509549 ] }, { "date": "2024-01-05", "close": 13.26, "volume": 188269313, "typical_volume": 144366099.4, "trend": 15.267, "fair_value": 13.705064, "relative_strength": -14.710201, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -33.837516, "energy": 44.137364, "activity_lines": [ 13.259333, 13.604545, 15.021524, 15.382581 ] }, { "date": "2024-01-12", "close": 13.48, "volume": 207032474, "typical_volume": 150956853.6, "trend": 15.317, "fair_value": 13.761987, "relative_strength": -12.941461, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -57.670362, "energy": 42.418084, "activity_lines": [ 13.363333, 13.490909, 14.784238, 15.26729 ] }, { "date": "2024-01-19", "close": 13.56, "volume": 104180525, "typical_volume": 152374824.8, "trend": 15.359334, "fair_value": 13.819615, "relative_strength": -12.834239, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -56.24951, "energy": 46.213803, "activity_lines": [ 13.435333, 13.462182, 14.562714, 15.153936 ] }, { "date": "2024-01-26", "close": 14.53, "volume": 189733872, "typical_volume": 157247322.75, "trend": 15.449334, "fair_value": 13.880449, "relative_strength": -7.82648, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -41.468832, "energy": 29.140213, "activity_lines": [ 13.795333, 13.632, 14.448143, 15.10043 ] }, { "date": "2024-02-02", "close": 13.75, "volume": 180612478, "typical_volume": 162535126.5, "trend": 15.487334, "fair_value": 13.93391, "relative_strength": -12.841404, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -39.100042, "energy": 24.93784, "activity_lines": [ 13.851333, 13.644545, 14.273905, 14.990796 ] }, { "date": "2024-02-09", "close": 13.41, "volume": 66552500, "typical_volume": 161611148.05, "trend": 15.470334, "fair_value": 13.986859, "relative_strength": -14.784869, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -43.730682, "energy": 27.930216, "activity_lines": [ 13.749333, 13.614182, 14.094857, 14.856774 ] }, { "date": "2024-02-16", "close": 14.83, "volume": 150258741, "typical_volume": 166314541.55, "trend": 15.506334, "fair_value": 14.049359, "relative_strength": -8.021426, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -32.423132, "energy": 20.075587, "activity_lines": [ 14.110667, 13.863818, 14.079238, 14.815462 ] }, { "date": "2024-02-23", "close": 15.01, "volume": 77376783, "typical_volume": 163898449.6, "trend": 15.508334, "fair_value": 14.108782, "relative_strength": -8.014072, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -21.962801, "energy": 16.319303, "activity_lines": [ 14.442, 14.105636, 14.106333, 14.783441 ] }, { "date": "2024-03-01", "close": 14.97, "volume": 50781292, "typical_volume": 163030838.8, "trend": 15.481667, "fair_value": 14.163718, "relative_strength": -8.123911, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -6.035492, "energy": 14.685764, "activity_lines": [ 14.663333, 14.304182, 14.133619, 14.74871 ] }, { "date": "2024-03-08", "close": 15.35, "volume": 73977212, "typical_volume": 159363616.1, "trend": 15.456, "fair_value": 14.217564, "relative_strength": -9.568695, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": 7.662279, "energy": 24.908379, "activity_lines": [ 14.982, 14.551818, 14.205714, 14.740215 ] }, { "date": "2024-03-15", "close": 16.049999, "volume": 107267119, "typical_volume": 159041233.9, "trend": 15.479, "fair_value": 14.27391, "relative_strength": -5.025384, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "down", "direction": 18.929976, "energy": 44.449313, "activity_lines": [ 15.427333, 14.885454, 14.363571, 14.778538 ] }, { "date": "2024-03-22", "close": 16.25, "volume": 70502765, "typical_volume": 156811923.6, "trend": 15.514333, "fair_value": 14.328654, "relative_strength": -6.533672, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 39.535429, "energy": 60.988972, "activity_lines": [ 15.763333, 15.204727, 14.549333, 14.82828 ] }, { "date": "2024-03-29", "close": 17.120001, "volume": 51412366, "typical_volume": 148413815.0, "trend": 15.531, "fair_value": 14.395769, "relative_strength": -1.907493, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 49.457459, "energy": 72.101593, "activity_lines": [ 16.294667, 15.631818, 14.82319, 14.931871 ] }, { "date": "2024-04-05", "close": 17.950001, "volume": 34976777, "typical_volume": 140680102.85, "trend": 15.542667, "fair_value": 14.469487, "relative_strength": 2.76238, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 62.427331, "energy": 82.445251, "activity_lines": [ 16.962, 16.145091, 15.164952, 15.087936 ] }, { "date": "2024-04-12", "close": 18.67, "volume": 58687047, "typical_volume": 135677173.95, "trend": 15.513667, "fair_value": 14.547115, "relative_strength": 5.026881, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 63.521766, "energy": 86.106274, "activity_lines": [ 17.670667, 16.727091, 15.554952, 15.289699 ] }, { "date": "2024-04-19", "close": 18.309999, "volume": 118325328, "typical_volume": 134185286.25, "trend": 15.479667, "fair_value": 14.622949, "relative_strength": 9.271291, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 48.822141, "energy": 80.848875, "activity_lines": [ 18.038, 17.154182, 15.89219, 15.470108 ] }, { "date": "2024-04-26", "close": 18.24, "volume": 56238527, "typical_volume": 121326664.9, "trend": 15.414333, "fair_value": 14.69359, "relative_strength": 5.518319, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 69.485963, "energy": 87.761963, "activity_lines": [ 18.231333, 17.479455, 16.205143, 15.648194 ] }, { "date": "2024-05-03", "close": 16.51, "volume": 64449639, "typical_volume": 110323720.8, "trend": 15.436333, "fair_value": 14.755449, "relative_strength": -5.645664, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.133525, "energy": 62.301284, "activity_lines": [ 17.715333, 17.428182, 16.326476, 15.718882 ] }, { "date": "2024-05-10", "close": 16.67, "volume": 75921389, "typical_volume": 104739553.25, "trend": 15.432667, "fair_value": 14.816539, "relative_strength": -6.560001, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 50.850637, "energy": 43.617617, "activity_lines": [ 17.293333, 17.378727, 16.446476, 15.798473 ] }, { "date": "2024-05-17", "close": 16.26, "volume": 67956486, "typical_volume": 99725631.65, "trend": 15.329333, "fair_value": 14.872692, "relative_strength": -11.206243, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 41.904188, "energy": 28.689378, "activity_lines": [ 16.82, 17.223818, 16.514095, 15.851849 ] }, { "date": "2024-05-24", "close": 15.5, "volume": 79059172, "typical_volume": 94265124.6, "trend": 15.249, "fair_value": 14.926026, "relative_strength": -16.509343, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 19.859066, "energy": 30.119106, "activity_lines": [ 16.254, 16.914182, 16.49419, 15.86286 ] }, { "date": "2024-05-31", "close": 15.83, "volume": 104982826, "typical_volume": 89162642.2, "trend": 15.198333, "fair_value": 14.983654, "relative_strength": -13.238001, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 19.621756, "energy": 27.467076, "activity_lines": [ 15.985333, 16.674545, 16.495048, 15.900344 ] }, { "date": "2024-06-07", "close": 15.01, "volume": 202354181, "typical_volume": 94071325.0, "trend": 15.206, "fair_value": 15.030962, "relative_strength": -20.255169, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -9.125867, "energy": 25.486599, "activity_lines": [ 15.604, 16.293455, 16.406619, 15.888194 ] }, { "date": "2024-06-14", "close": 15.93, "volume": 106896112, "typical_volume": 89929437.0, "trend": 15.281, "fair_value": 15.081603, "relative_strength": -17.825459, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 2.263918, "energy": 21.64929, "activity_lines": [ 15.629333, 16.118, 16.398905, 15.934903 ] }, { "date": "2024-06-21", "close": 17.01, "volume": 79674500, "typical_volume": 84882538.1, "trend": 15.355, "fair_value": 15.137885, "relative_strength": -15.11173, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 21.507928, "energy": 16.228063, "activity_lines": [ 16.064, 16.175636, 16.487381, 16.046452 ] }, { "date": "2024-06-28", "close": 17.459999, "volume": 46521511, "typical_volume": 83880988.65, "trend": 15.45, "fair_value": 15.196603, "relative_strength": -12.144519, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 46.190163, "energy": 24.269236, "activity_lines": [ 16.598666, 16.345273, 16.60319, 16.182258 ] }, { "date": "2024-07-05", "close": 18.02, "volume": 37327070, "typical_volume": 78234405.1, "trend": 15.630667, "fair_value": 15.254167, "relative_strength": -11.361278, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 58.289276, "energy": 45.474614, "activity_lines": [ 17.189333, 16.632182, 16.753048, 16.348064 ] }, { "date": "2024-07-12", "close": 17.35, "volume": 40629820, "typical_volume": 76397056.95, "trend": 15.774667, "fair_value": 15.305897, "relative_strength": -15.792723, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 45.513931, "energy": 48.197844, "activity_lines": [ 17.410666, 16.801273, 16.823905, 16.458989 ] }, { "date": "2024-07-19", "close": 17.030001, "volume": 40859219, "typical_volume": 75900953.3, "trend": 15.88, "fair_value": 15.357692, "relative_strength": -13.438175, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 55.152152, "energy": 57.248761, "activity_lines": [ 17.369334, 16.896909, 16.853143, 16.539979 ] }, { "date": "2024-07-26", "close": 16.290001, "volume": 42208308, "typical_volume": 74312508.1, "trend": 15.987, "fair_value": 15.406026, "relative_strength": -14.146053, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 41.413729, "energy": 30.295469, "activity_lines": [ 17.008001, 16.851455, 16.802095, 16.56643 ] }, { "date": "2024-08-02", "close": 15.65, "volume": 149220399, "typical_volume": 76410172.1, "trend": 16.066667, "fair_value": 15.450577, "relative_strength": -15.280588, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 6.760676, "energy": 8.203294, "activity_lines": [ 16.481334, 16.689091, 16.685619, 16.544688 ] }, { "date": "2024-08-09", "close": 15.08, "volume": 305433340, "typical_volume": 88156700.85, "trend": 16.12, "fair_value": 15.489295, "relative_strength": -17.222417, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -31.47023, "energy": 30.259017, "activity_lines": [ 15.885334, 16.420364, 16.516762, 16.481032 ] }, { "date": "2024-08-16", "close": 15.56, "volume": 138746353, "typical_volume": 92523400.2, "trend": 16.186667, "fair_value": 15.535898, "relative_strength": -17.500531, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -31.632713, "energy": 34.613366, "activity_lines": [ 15.645334, 16.252546, 16.399191, 16.444903 ] }, { "date": "2024-08-23", "close": 14.24, "volume": 303600590, "typical_volume": 105954590.85, "trend": 16.177, "fair_value": 15.575321, "relative_strength": -23.360216, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -51.23043, "energy": 64.843921, "activity_lines": [ 15.084667, 15.834727, 16.163333, 16.319312 ] }, { "date": "2024-08-30", "close": 15.1, "volume": 274659655, "typical_volume": 116753221.25, "trend": 16.222, "fair_value": 15.625769, "relative_strength": -18.534678, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -34.891518, "energy": 59.525345, "activity_lines": [ 14.996667, 15.604, 16.027048, 16.249828 ] }, { "date": "2024-09-06", "close": 12.81, "volume": 540973629, "typical_volume": 137885636.3, "trend": 16.202, "fair_value": 15.655128, "relative_strength": -27.425681, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -87.100766, "energy": 83.442017, "activity_lines": [ 14.224667, 14.991636, 15.689667, 16.029699 ] }, { "date": "2024-09-13", "close": 12.58, "volume": 361726524, "typical_volume": 153160036.15, "trend": 16.127, "fair_value": 15.680641, "relative_strength": -28.833065, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -83.91258, "energy": 87.717526, "activity_lines": [ 13.565333, 14.422, 15.356572, 15.796022 ] }, { "date": "2024-09-20", "close": 13.18, "volume": 262303363, "typical_volume": 163052722.35, "trend": 16.066, "fair_value": 15.71141, "relative_strength": -25.7506, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -68.417785, "energy": 82.346407, "activity_lines": [ 13.272667, 14.060364, 15.107572, 15.605893 ] }, { "date": "2024-09-27", "close": 12.18, "volume": 254368436, "typical_volume": 171975074.7, "trend": 15.973, "fair_value": 15.730449, "relative_strength": -32.237291, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -78.688621, "energy": 87.905898, "activity_lines": [ 12.805333, 13.592727, 14.779191, 15.355183 ] }, { "date": "2024-10-04", "close": 14.48, "volume": 319784507, "typical_volume": 184566475.75, "trend": 15.944, "fair_value": 15.761539, "relative_strength": -16.933724, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.733978, "energy": 53.494972, "activity_lines": [ 13.242, 13.631455, 14.691238, 15.25886 ] }, { "date": "2024-10-11", "close": 15.06, "volume": 308692153, "typical_volume": 196048124.8, "trend": 15.911, "fair_value": 15.793077, "relative_strength": -15.151371, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -47.148074, "energy": 33.920773, "activity_lines": [ 13.913333, 13.808545, 14.667, 15.201828 ] }, { "date": "2024-10-18", "close": 13.48, "volume": 162239241, "typical_volume": 198910945.55, "trend": 15.818667, "fair_value": 15.806218, "relative_strength": -24.820756, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -48.296142, "energy": 29.853215, "activity_lines": [ 13.908, 13.709091, 14.494381, 15.044989 ] }, { "date": "2024-10-25", "close": 13.39, "volume": 188793840, "typical_volume": 198232928.5, "trend": 15.694333, "fair_value": 15.815705, "relative_strength": -23.849444, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -45.236243, "energy": 24.208409, "activity_lines": [ 13.812667, 13.622364, 14.324381, 14.888301 ] }, { "date": "2024-11-01", "close": 13.24, "volume": 330652740, "typical_volume": 209420759.9, "trend": 15.537333, "fair_value": 15.825385, "relative_strength": -21.886685, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -48.295343, "energy": 28.069078, "activity_lines": [ 13.653333, 13.547818, 14.14781, 14.729957 ] }, { "date": "2024-11-08", "close": 13.64, "volume": 213320416, "typical_volume": 216103055.7, "trend": 15.369667, "fair_value": 15.837564, "relative_strength": -21.548349, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -53.190584, "energy": 35.016077, "activity_lines": [ 13.556667, 13.564182, 14.022143, 14.607548 ] }, { "date": "2024-11-15", "close": 12.65, "volume": 231797987, "typical_volume": 225366879.5, "trend": 15.181, "fair_value": 15.848141, "relative_strength": -24.175965, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.116239, "energy": 42.421662, "activity_lines": [ 13.186, 13.427091, 13.818238, 14.432086 ] }, { "date": "2024-11-22", "close": 13.32, "volume": 188357230, "typical_volume": 232918387.5, "trend": 15.017, "fair_value": 15.86109, "relative_strength": -20.149586, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -54.785526, "energy": 37.319412, "activity_lines": [ 13.199333, 13.414727, 13.701048, 14.312022 ] }, { "date": "2024-11-29", "close": 13.01, "volume": 147006976, "typical_volume": 238237245.3, "trend": 14.900333, "fair_value": 15.872949, "relative_strength": -19.218936, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -56.254765, "energy": 37.078789, "activity_lines": [ 13.12, 13.332545, 13.576714, 14.182538 ] }, { "date": "2024-12-06", "close": 12.71, "volume": 273041292, "typical_volume": 249846348.95, "trend": 14.768333, "fair_value": 15.886218, "relative_strength": -23.89105, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.126228, "energy": 47.811546, "activity_lines": [ 12.966, 13.198909, 13.444476, 14.041226 ] }, { "date": "2024-12-13", "close": 13.14, "volume": 303647355, "typical_volume": 262918301.3, "trend": 14.664333, "fair_value": 15.915769, "relative_strength": -20.371569, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -52.438381, "energy": 34.541181, "activity_lines": [ 12.990667, 13.133818, 13.373762, 13.936172 ] }, { "date": "2024-12-20", "close": 12.92, "volume": 115322820, "typical_volume": 261223422.35, "trend": 14.578333, "fair_value": 15.939231, "relative_strength": -19.467177, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -54.909738, "energy": 35.396659, "activity_lines": [ 12.975333, 13.053091, 13.297095, 13.823634 ] }, { "date": "2024-12-27", "close": 13.17, "volume": 67854363, "typical_volume": 249344473.5, "trend": 14.489667, "fair_value": 15.964103, "relative_strength": -20.256363, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -50.976595, "energy": 31.812148, "activity_lines": [ 13.025333, 13.056727, 13.257238, 13.732774 ] }, { "date": "2025-01-03", "close": 14.39, "volume": 136440131, "typical_volume": 249229162.4, "trend": 14.469, "fair_value": 15.994103, "relative_strength": -11.162074, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -16.416807, "energy": 11.326266, "activity_lines": [ 13.492, 13.287818, 13.342667, 13.726344 ] }, { "date": "2025-01-10", "close": 14.86, "volume": 101569105, "typical_volume": 239127588.15, "trend": 14.433333, "fair_value": 16.022051, "relative_strength": -8.364378, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 9.710792, "energy": 19.493357, "activity_lines": [ 14.023333, 13.586182, 13.478429, 13.75157 ] }, { "date": "2025-01-17", "close": 16.43, "volume": 133500396, "typical_volume": 232069625.2, "trend": 14.414, "fair_value": 16.054295, "relative_strength": 0.878209, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 49.129626, "energy": 65.005867, "activity_lines": [ 14.934667, 14.140545, 13.760762, 13.880387 ] }, { "date": "2025-01-24", "close": 15.54, "volume": 38665230, "typical_volume": 206954205.25, "trend": 14.35, "fair_value": 16.077821, "relative_strength": -5.738224, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 32.615657, "energy": 66.273213, "activity_lines": [ 15.33, 14.482364, 13.952, 13.953032 ] }, { "date": "2025-02-07", "close": 14.17, "volume": 75629547, "typical_volume": 192649356.4, "trend": 14.221667, "fair_value": 16.08859, "relative_strength": -13.501113, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 35.735035, "energy": 62.60197, "activity_lines": [ 15.094, 14.522545, 13.999762, 13.941419 ] }, { "date": "2025-02-14", "close": 14.3, "volume": 99846969, "typical_volume": 184526536.7, "trend": 14.12, "fair_value": 16.09859, "relative_strength": -11.177603, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 32.732397, "energy": 48.686246, "activity_lines": [ 14.834667, 14.570909, 14.052333, 13.946473 ] }, { "date": "2025-02-21", "close": 14.7, "volume": 63011501, "typical_volume": 174958689.95, "trend": 14.042333, "fair_value": 16.102885, "relative_strength": -10.476093, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 25.876625, "energy": 22.255873, "activity_lines": [ 14.714667, 14.668545, 14.137667, 13.983892 ] }, { "date": "2025-02-28", "close": 13.39, "volume": 187197243, "typical_volume": 168329326.75, "trend": 13.945667, "fair_value": 16.097628, "relative_strength": -15.557314, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": -9.988438, "energy": 16.606779, "activity_lines": [ 14.168667, 14.491818, 14.086238, 13.941806 ] }, { "date": "2025-03-07", "close": 12.39, "volume": 341401265, "typical_volume": 169964782.35, "trend": 13.837, "fair_value": 16.070128, "relative_strength": -19.669483, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -22.25224, "energy": 27.892187, "activity_lines": [ 13.492, 14.128727, 13.944762, 13.841441 ] }, { "date": "2025-03-14", "close": 12.65, "volume": 177610284, "typical_volume": 170733334.5, "trend": 13.756, "fair_value": 16.0125, "relative_strength": -15.236604, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -28.824627, "energy": 34.016275, "activity_lines": [ 13.112, 13.822545, 13.840762, 13.76486 ] }, { "date": "2025-03-21", "close": 13.27, "volume": 210788395, "typical_volume": 171833062.25, "trend": 13.679667, "fair_value": 15.970449, "relative_strength": -11.501281, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -20.248494, "energy": 32.938979, "activity_lines": [ 13.04, 13.638545, 13.799762, 13.733505 ] }, { "date": "2025-03-28", "close": 13.88, "volume": 173959536, "typical_volume": 163998402.05, "trend": 13.667667, "fair_value": 15.934487, "relative_strength": -4.397656, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -14.495004, "energy": 25.046731, "activity_lines": [ 13.24, 13.585818, 13.817429, 13.74643 ] }, { "date": "2025-04-04", "close": 14.4, "volume": 112427860, "typical_volume": 158953774.25, "trend": 13.644333, "fair_value": 15.878654, "relative_strength": 1.087222, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 32.507531, "energy": 16.344184, "activity_lines": [ 13.668, 13.645455, 13.881571, 13.793677 ] }, { "date": "2025-04-11", "close": 10.12, "volume": 684415948, "typical_volume": 181584672.3, "trend": 13.554667, "fair_value": 15.821987, "relative_strength": -21.700878, "stage": 1, "regime": "rotation_down", "modifier": "Structural failure", "gate": "mixed", "direction": -50.900677, "energy": 34.012295, "activity_lines": [ 12.602, 12.963818, 13.534476, 13.566301 ] }, { "date": "2025-04-18", "close": 11.11, "volume": 264636292, "typical_volume": 185398625.4, "trend": 13.505667, "fair_value": 15.779167, "relative_strength": -12.61686, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -69.142479, "energy": 56.345069, "activity_lines": [ 12.017333, 12.560727, 13.293714, 13.408581 ] }, { "date": "2025-04-25", "close": 10.94, "volume": 188218552, "typical_volume": 187459204.2, "trend": 13.431, "fair_value": 15.711731, "relative_strength": -15.057563, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -68.384939, "energy": 73.930316, "activity_lines": [ 11.478667, 12.182364, 13.047286, 13.243054 ] }, { "date": "2025-05-02", "close": 9.68, "volume": 447720978, "typical_volume": 196193188.5, "trend": 13.347667, "fair_value": 15.644295, "relative_strength": -27.196194, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -78.946861, "energy": 86.037871, "activity_lines": [ 10.675333, 11.636, 12.690714, 13.001054 ] }, { "date": "2025-05-09", "close": 9.5, "volume": 588197997, "typical_volume": 210420720.6, "trend": 13.181667, "fair_value": 15.571218, "relative_strength": -28.212786, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -75.896024, "energy": 86.634116, "activity_lines": [ 10.092, 11.148182, 12.331429, 12.752817 ] }, { "date": "2025-05-16", "close": 9.9, "volume": 425894841, "typical_volume": 225949321.65, "trend": 13.009667, "fair_value": 15.493526, "relative_strength": -27.596534, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -69.100466, "energy": 82.547228, "activity_lines": [ 9.968667, 10.803818, 12.027571, 12.541097 ] }, { "date": "2025-05-23", "close": 9.7, "volume": 239501576, "typical_volume": 234531682.3, "trend": 12.883667, "fair_value": 15.419872, "relative_strength": -27.728396, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -69.334052, "energy": 79.276867, "activity_lines": [ 9.793333, 10.468364, 11.719048, 12.32757 ] }, { "date": "2025-05-30", "close": 10.15, "volume": 146083542, "typical_volume": 235013852.85, "trend": 12.775667, "fair_value": 15.345962, "relative_strength": -22.711999, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.169318, "energy": 61.022474, "activity_lines": [ 9.862, 10.268364, 11.469905, 12.151204 ] }, { "date": "2025-06-06", "close": 10.09, "volume": 192920910, "typical_volume": 239581443.1, "trend": 12.670667, "fair_value": 15.260385, "relative_strength": -23.607463, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.306583, "energy": 53.227705, "activity_lines": [ 9.963333, 10.114182, 11.235238, 11.977935 ] }, { "date": "2025-06-13", "close": 12.88, "volume": 497722761, "typical_volume": 257792561.35, "trend": 12.645333, "fair_value": 15.193462, "relative_strength": -3.993114, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -26.310306, "energy": 21.615765, "activity_lines": [ 10.967333, 10.536182, 11.289, 11.991441 ] }, { "date": "2025-06-20", "close": 13.68, "volume": 356793592, "typical_volume": 273698979.45, "trend": 12.679667, "fair_value": 15.10859, "relative_strength": 2.378767, "stage": 1, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -1.870282, "energy": 17.911536, "activity_lines": [ 12.012667, 11.131273, 11.435857, 12.058194 ] }, { "date": "2025-06-27", "close": 10.57, "volume": 420830952, "typical_volume": 290959049.7, "trend": 12.588, "fair_value": 15.012628, "relative_strength": -22.117003, "stage": 1, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -31.639064, "energy": 25.587699, "activity_lines": [ 11.769333, 11.096182, 11.295381, 11.922086 ] }, { "date": "2025-07-04", "close": 10.98, "volume": 168663611, "typical_volume": 294399881.8, "trend": 12.520333, "fair_value": 14.945385, "relative_strength": -18.270183, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -25.81287, "energy": 23.470113, "activity_lines": [ 11.604667, 11.145455, 11.211095, 11.818344 ] }, { "date": "2025-07-11", "close": 11.19, "volume": 175803868, "typical_volume": 300039500.15, "trend": 12.469667, "fair_value": 14.873526, "relative_strength": -16.718038, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -17.245122, "energy": 14.416289, "activity_lines": [ 11.454667, 11.232182, 11.162619, 11.732516 ] }, { "date": "2025-07-18", "close": 11.55, "volume": 159803765, "typical_volume": 298669826.25, "trend": 12.416667, "fair_value": 14.813397, "relative_strength": -15.727246, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -31.001437, "energy": 20.792935, "activity_lines": [ 11.351333, 11.356909, 11.165143, 11.673183 ] }, { "date": "2025-07-25", "close": 11.47, "volume": 144821503, "typical_volume": 288840838.15, "trend": 12.368333, "fair_value": 14.768526, "relative_strength": -15.540627, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -30.265311, "energy": 17.135946, "activity_lines": [ 11.31, 11.429818, 11.16881, 11.612108 ] }, { "date": "2025-08-01", "close": 12.71, "volume": 261151487, "typical_volume": 293017898.3, "trend": 12.353, "fair_value": 14.721218, "relative_strength": -6.086348, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 1.939475, "energy": 8.691363, "activity_lines": [ 11.829333, 11.699636, 11.294952, 11.634151 ] }, { "date": "2025-08-08", "close": 10.83, "volume": 389623512, "typical_volume": 301959654.15, "trend": 12.234333, "fair_value": 14.658654, "relative_strength": -21.218032, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -23.271434, "energy": 12.424821, "activity_lines": [ 11.579333, 11.572909, 11.241762, 11.535892 ] }, { "date": "2025-08-15", "close": 10.89, "volume": 236065708, "typical_volume": 305064962.75, "trend": 12.102, "fair_value": 14.614615, "relative_strength": -21.125627, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -33.496479, "energy": 13.943707, "activity_lines": [ 11.359333, 11.444727, 11.205905, 11.449161 ] }, { "date": "2025-08-22", "close": 11.32, "volume": 258062631, "typical_volume": 312346701.3, "trend": 11.931667, "fair_value": 14.562692, "relative_strength": -15.414266, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -28.52649, "energy": 12.47309, "activity_lines": [ 11.302667, 11.380182, 11.225238, 11.39871 ] }, { "date": "2025-08-29", "close": 11.49, "volume": 234589216, "typical_volume": 289855364.7, "trend": 11.796667, "fair_value": 14.518141, "relative_strength": -15.316998, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -27.604236, "energy": 16.914855, "activity_lines": [ 11.318, 11.374909, 11.275429, 11.370215 ] }, { "date": "2025-09-05", "close": 11.31, "volume": 226325249, "typical_volume": 287939812.55, "trend": 11.701333, "fair_value": 14.462308, "relative_strength": -16.916027, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -28.732345, "energy": 14.495631, "activity_lines": [ 11.272, 11.376727, 11.301952, 11.338817 ] }, { "date": "2025-09-12", "close": 10.93, "volume": 339796142, "typical_volume": 295518692.05, "trend": 11.589, "fair_value": 14.415577, "relative_strength": -22.343587, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -28.590059, "energy": 13.587283, "activity_lines": [ 11.192667, 11.296, 11.291333, 11.289054 ] }, { "date": "2025-09-19", "close": 11.3, "volume": 276320481, "typical_volume": 286948667.2, "trend": 11.475667, "fair_value": 14.383718, "relative_strength": -19.659059, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -29.70542, "energy": 12.656091, "activity_lines": [ 11.23, 11.283455, 11.316, 11.270409 ] }, { "date": "2025-09-26", "close": 11.99, "volume": 524569136, "typical_volume": 283767224.15, "trend": 11.429, "fair_value": 14.350385, "relative_strength": -14.382326, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 18.268013, "energy": 15.504326, "activity_lines": [ 11.47, 11.394364, 11.398667, 11.303591 ] }, { "date": "2025-10-03", "close": 10.62, "volume": 630201007, "typical_volume": 293982532.45, "trend": 11.37, "fair_value": 14.309295, "relative_strength": -27.16101, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -44.304321, "energy": 21.852774, "activity_lines": [ 11.208667, 11.248182, 11.339, 11.251398 ] }, { "date": "2025-10-10", "close": 11.02, "volume": 160156670, "typical_volume": 290015287.15, "trend": 11.315667, "fair_value": 14.276539, "relative_strength": -25.266962, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -36.30254, "energy": 21.252585, "activity_lines": [ 11.138667, 11.190182, 11.314, 11.228817 ] }, { "date": "2025-10-17", "close": 9.5, "volume": 656202933, "typical_volume": 315521256.7, "trend": 11.19, "fair_value": 14.217372, "relative_strength": -34.857837, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -65.558243, "energy": 55.369821, "activity_lines": [ 10.581333, 10.886545, 11.137952, 11.111677 ] }, { "date": "2025-10-24", "close": 10.64, "volume": 355038780, "typical_volume": 323627150.2, "trend": 11.082, "fair_value": 14.162949, "relative_strength": -27.158331, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -52.601504, "energy": 51.653182, "activity_lines": [ 10.499333, 10.814364, 11.073571, 11.076194 ] }, { "date": "2025-10-31", "close": 10.45, "volume": 455061264, "typical_volume": 321494075.35, "trend": 10.950333, "fair_value": 14.111987, "relative_strength": -29.717517, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "mixed", "direction": -26.575753, "energy": 46.514244, "activity_lines": [ 10.398, 10.712182, 10.988476, 11.035419 ] }, { "date": "2025-11-07", "close": 10.45, "volume": 215990633, "typical_volume": 314453927.4, "trend": 10.961333, "fair_value": 14.053205, "relative_strength": -27.701678, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -29.233793, "energy": 49.208568, "activity_lines": [ 10.399333, 10.625818, 10.914952, 11.00314 ] }, { "date": "2025-11-14", "close": 10.45, "volume": 453600454, "typical_volume": 316092402.5, "trend": 10.939333, "fair_value": 13.988141, "relative_strength": -26.497099, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -23.775991, "energy": 25.206963, "activity_lines": [ 10.412, 10.558364, 10.85681, 10.970151 ] }, { "date": "2025-11-21", "close": 10.13, "volume": 352834341, "typical_volume": 325300939.0, "trend": 10.912333, "fair_value": 13.930513, "relative_strength": -25.676897, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -30.75754, "energy": 29.317288, "activity_lines": [ 10.356, 10.448364, 10.768762, 10.917935 ] }, { "date": "2025-11-28", "close": 10.36, "volume": 244323800, "typical_volume": 328726935.6, "trend": 10.935, "fair_value": 13.882436, "relative_strength": -26.7031, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -49.124943, "energy": 30.423926, "activity_lines": [ 10.334667, 10.394727, 10.706667, 10.882301 ] }, { "date": "2025-12-05", "close": 20.860001, "volume": 52555584, "typical_volume": 323364526.55, "trend": 11.313667, "fair_value": 13.912244, "relative_strength": 44.837829, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 87.851275, "energy": 83.320485, "activity_lines": [ 13.832, 12.267273, 11.648524, 11.522624 ] }, { "date": "2025-12-12", "close": 19.93, "volume": 81385998, "typical_volume": 320192751.3, "trend": 11.648, "fair_value": 13.934295, "relative_strength": 36.505172, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 91.261329, "energy": 96.391076, "activity_lines": [ 16.325334, 13.809455, 12.457476, 12.078516 ] }, { "date": "2025-12-19", "close": 18.690001, "volume": 177589863, "typical_volume": 316014670.1, "trend": 11.947667, "fair_value": 13.971474, "relative_strength": 29.829247, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 77.11407, "energy": 91.842632, "activity_lines": [ 17.773334, 14.956909, 13.108048, 12.532839 ] }, { "date": "2025-12-26", "close": 20.08, "volume": 168955160, "typical_volume": 304981252.5, "trend": 12.278667, "fair_value": 14.009487, "relative_strength": 34.64196, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 78.690405, "energy": 92.503837, "activity_lines": [ 19.135334, 16.217637, 13.862524, 13.057505 ] }, { "date": "2026-01-02", "close": 19.709999, "volume": 73854490, "typical_volume": 296870691.6, "trend": 12.599333, "fair_value": 14.042756, "relative_strength": 28.087927, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.241654, "energy": 88.392251, "activity_lines": [ 19.710667, 17.218727, 14.537714, 13.536946 ] }, { "date": "2026-01-09", "close": 20.440001, "volume": 334850476, "typical_volume": 300710083.85, "trend": 12.851333, "fair_value": 14.077308, "relative_strength": 28.493312, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 75.794714, "energy": 89.592538, "activity_lines": [ 19.906, 18.187637, 15.240429, 14.042796 ] }, { "date": "2026-01-16", "close": 21.18, "volume": 210441305, "typical_volume": 299502688.3, "trend": 13.101333, "fair_value": 14.12641, "relative_strength": 28.264275, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 78.981318, "energy": 78.83454, "activity_lines": [ 20.376, 19.109455, 15.970191, 14.580129 ] }, { "date": "2026-01-23", "close": 21.719999, "volume": 72717035, "typical_volume": 291822277.6, "trend": 13.473, "fair_value": 14.17141, "relative_strength": 29.402424, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 78.486432, "energy": 71.221362, "activity_lines": [ 20.942666, 19.934364, 16.705238, 15.136172 ] }, { "date": "2026-01-30", "close": 24.860001, "volume": 140679655, "typical_volume": 281866453.25, "trend": 13.935667, "fair_value": 14.234487, "relative_strength": 47.019636, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 91.128409, "energy": 75.658767, "activity_lines": [ 22.354, 21.125273, 17.689762, 15.870817 ] }, { "date": "2026-02-06", "close": 24.610001, "volume": 84031646, "typical_volume": 272252011.5, "trend": 14.383, "fair_value": 14.303205, "relative_strength": 45.918427, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 81.408099, "energy": 72.37117, "activity_lines": [ 23.363334, 22.002909, 18.584143, 16.559484 ] }, { "date": "2026-02-13", "close": 25.25, "volume": 34537399, "typical_volume": 247750424.65, "trend": 14.839667, "fair_value": 14.370705, "relative_strength": 40.909765, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 80.117181, "energy": 72.007093, "activity_lines": [ 24.259334, 22.737818, 19.476095, 17.260581 ] }, { "date": "2026-02-27", "close": 26.9, "volume": 49804015, "typical_volume": 218730575.05, "trend": 15.354, "fair_value": 14.448013, "relative_strength": 41.734324, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 84.203099, "energy": 73.527272, "activity_lines": [ 25.384667, 23.692909, 20.462048, 18.038667 ] }, { "date": "2026-03-06", "close": 38.16, "volume": 293067497, "typical_volume": 225376116.4, "trend": 16.202333, "fair_value": 14.6, "relative_strength": 107.785905, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 98.676644, "energy": 79.422178, "activity_lines": [ 29.882, 26.568546, 22.442857, 19.510022 ] }, { "date": "2026-03-13", "close": 50.799999, "volume": 430089648, "typical_volume": 214070452.15, "trend": 17.534667, "fair_value": 14.828846, "relative_strength": 169.059515, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 99.067022, "energy": 84.212339, "activity_lines": [ 37.496666, 31.388364, 25.498238, 21.742129 ] }, { "date": "2026-03-20", "close": 57.349998, "volume": 167632013, "typical_volume": 204700113.8, "trend": 19.083333, "fair_value": 15.10609, "relative_strength": 191.217869, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 98.067574, "energy": 96.484113, "activity_lines": [ 45.565332, 36.840545, 28.980762, 24.31086 ] }, { "date": "2026-03-27", "close": 55.200001, "volume": 234175691, "typical_volume": 193655835.15, "trend": 20.546, "fair_value": 15.382628, "relative_strength": 174.340038, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 84.789267, "energy": 88.840248, "activity_lines": [ 50.734666, 41.217454, 32.036095, 26.640968 ] }, { "date": "2026-04-03", "close": 61.700001, "volume": 185147636, "typical_volume": 192113685.3, "trend": 22.219667, "fair_value": 15.700897, "relative_strength": 199.85137, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 86.464019, "energy": 88.650183, "activity_lines": [ 56.074, 46.144182, 35.497381, 29.296065 ] }, { "date": "2026-04-10", "close": 48.73, "volume": 192850153, "typical_volume": 179076170.25, "trend": 23.467, "fair_value": 15.930128, "relative_strength": 113.251235, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.965677, "energy": 67.699996, "activity_lines": [ 54.77, 47.976, 37.479381, 31.006409 ] }, { "date": "2026-04-17", "close": 49.380001, "volume": 128744718, "typical_volume": 167871689.1, "trend": 24.748667, "fair_value": 16.151218, "relative_strength": 102.972877, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.235348, "energy": 63.781228, "activity_lines": [ 52.978001, 49.434909, 39.341, 32.678215 ] }, { "date": "2026-04-24", "close": 56.75, "volume": 134766081, "typical_volume": 162393803.15, "trend": 26.263667, "fair_value": 16.414423, "relative_strength": 114.982217, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 70.819013, "energy": 60.187069, "activity_lines": [ 53.737334, 51.788, 41.717619, 34.742817 ] }, { "date": "2026-05-01", "close": 74.150002, "volume": 68697635, "typical_volume": 163200905.7, "trend": 28.335667, "fair_value": 16.800449, "relative_strength": 170.546575, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 86.105179, "energy": 65.675304, "activity_lines": [ 60.336668, 56.720364, 45.530476, 37.832258 ] }, { "date": "2026-05-08", "close": 58.150002, "volume": 61260088, "typical_volume": 162194610.2, "trend": 29.92, "fair_value": 17.087949, "relative_strength": 93.586647, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.278924, "energy": 53.617252, "activity_lines": [ 60.339335, 57.854546, 47.565762, 39.755764 ] }, { "date": "2026-05-15", "close": 64.199997, "volume": 36621036, "typical_volume": 155146168.85, "trend": 31.692667, "fair_value": 17.426218, "relative_strength": 109.792932, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.805131, "energy": 55.746343, "activity_lines": [ 62.595333, 59.520546, 49.995238, 41.967376 ] }, { "date": "2026-05-22", "close": 62.25, "volume": 43784764, "typical_volume": 148887649.05, "trend": 33.451, "fair_value": 17.749423, "relative_strength": 93.055359, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 60.682942, "energy": 51.709665, "activity_lines": [ 63.17, 60.358546, 52.022286, 43.938817 ] }, { "date": "2026-05-29", "close": 51.0, "volume": 76242212, "typical_volume": 149007035.15, "trend": 34.796333, "fair_value": 17.996603, "relative_strength": 46.887465, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 54.307773, "energy": 36.242602, "activity_lines": [ 59.136666, 58.942909, 52.777095, 45.071011 ] }, { "date": "2026-06-05", "close": 55.099998, "volume": 6318240, "typical_volume": 132580423.35, "trend": 36.284667, "fair_value": 18.270833, "relative_strength": 54.643629, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 41.146567, "energy": 28.00323, "activity_lines": [ 56.853332, 58.388182, 53.773381, 46.380925 ] }, { "date": "2026-06-12", "close": 48.080002, "volume": 23168409, "typical_volume": 123216778.55, "trend": 37.539, "fair_value": 18.503462, "relative_strength": 35.641952, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 33.977807, "energy": 21.143913, "activity_lines": [ 53.5, 56.558909, 53.936048, 47.141914 ] }, { "date": "2026-06-19", "close": 37.349998, "volume": 62805754, "typical_volume": 122721214.5, "trend": 38.435667, "fair_value": 18.665385, "relative_strength": -0.362331, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 3.362995, "energy": 17.590417, "activity_lines": [ 47.241333, 53.026363, 52.948714, 47.12972 ] }, { "date": "2026-06-26", "close": 34.27, "volume": 9820958, "typical_volume": 116178279.65, "trend": 39.240333, "fair_value": 18.808269, "relative_strength": -5.030955, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -14.505687, "energy": 29.836338, "activity_lines": [ 41.746, 49.140727, 51.593619, 46.860968 ] }, { "date": "2026-07-03", "close": 32.599998, "volume": 4577014, "typical_volume": 112205548.05, "trend": 39.981667, "fair_value": 18.938462, "relative_strength": -14.389725, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -35.600567, "energy": 57.53062, "activity_lines": [ 37.559332, 45.226181, 50.034666, 46.432559 ] }, { "date": "2026-07-10", "close": 38.779999, "volume": 39523068, "typical_volume": 112454831.5, "trend": 40.579, "fair_value": 19.111218, "relative_strength": 4.135916, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -25.805832, "energy": 60.033834, "activity_lines": [ 36.659332, 42.874363, 49.026238, 46.355032 ] }, { "date": "2026-07-17", "close": 44.0, "volume": 65318799, "typical_volume": 113230570.7, "trend": 41.381333, "fair_value": 19.312436, "relative_strength": 24.01668, "stage": 2, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -23.445526, "energy": 53.154571, "activity_lines": [ 38.587333, 42.114727, 48.450523, 46.575742 ] }, { "date": "2026-07-24", "close": 55.349998, "volume": 59884203, "typical_volume": 101571406.0, "trend": 42.603333, "fair_value": 19.578013, "relative_strength": 49.810652, "stage": 2, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "up", "direction": 31.033221, "energy": 20.341052, "activity_lines": [ 44.570666, 43.675999, 48.874333, 47.476946 ] }, { "date": "2026-07-31", "close": 44.959999, "volume": 67636945, "typical_volume": 83448770.85, "trend": 43.432666, "fair_value": 19.778077, "relative_strength": 21.673643, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 21.660782, "energy": 18.306365, "activity_lines": [ 45.890666, 43.50909, 48.226761, 47.628989 ] }, { "date": "2026-08-07", "close": 43.02, "volume": 54603616, "typical_volume": 77797351.0, "trend": 44.209667, "fair_value": 19.958013, "relative_strength": 12.425761, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -4.545467, "energy": 15.868746, "activity_lines": [ 45.851333, 43.303817, 47.422238, 47.602365 ] } ], "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." } } }