{ "ticker": { "uuid": "687a2da3-e567-4ebf-a1b6-d99da2de4060", "symbol": "PNI", "name": "Pimco New York Municipal Income Fund II", "exchange": "NYSE", "country": "US", "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": "SPY", "stage": 3, "stage_name": "Distribution", "phase": "3c", "phase_label": "Stage 3C \u00b7 Breakdown watch", "transition": "stage_3_to_4_watch", "transition_label": "Stage 3 \u2192 4 watch", "confidence": 84.806, "architecture_regime": "balance", "architecture_regime_label": "Balance", "architecture_modifier": "Upper balance after advance", "architecture_gate": "mixed", "architecture_direction": -10.46, "architecture_energy": 18.598, "architecture_maturity": 9.938, "architecture_confidence": 47.099, "architecture_tenure": "New", "architecture": { "interpretation": { "headline": "Directional pressure has compressed into balance.", "body": "Trend and Activity are compressed into balance, so neither side has durable control. Prior structure and the next directional change provide context; balance alone is not assumed to be a base." }, "scores": { "balance": 57.26, "rotation_up": 17.95, "upward_expansion": 16.66, "deceleration": 61.76, "rotation_down": 51.41, "downward_expansion": 36.99 }, "activity_lines": [ 6.8897, 6.933267, 6.947209, 6.93234 ], "activity_state": "Compressed", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": -0.166667 }, "latest_close": 6.93, "trend_reference": 6.916726, "distance_from_trend": 0.001919, "trend_direction": "Improving", "fair_value": 6.630945, "distance_from_fair_value": 0.0451, "fair_value_direction": "Weakening", "relative_strength": -9.281071, "relative_strength_direction": "Weakening", "price_momentum": 0.002419, "excess_performance": -0.123206, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.001919, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.010888, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.0451, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.024983, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.092811, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.036, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.002419, "read": "Positive" }, { "label": "Volume balance", "positive": false, "value": 0.547237, "read": "Supply-led" } ], "volume": { "latest": 248378, "relative_activity": 0.94848, "balance": 0.547237, "dry_up": 1.0635, "accumulation_observations": 2, "distribution_observations": 6 }, "risk": { "range_context": 0.01945, "annualized_volatility": 0.105955, "from_high_reference": -0.025321, "from_low_reference": 0.115566 }, "levels": { "trend_reference": 6.916726, "fair_value_reference": 6.630945, "structural_low": 6.556792, "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": 18, "median_return": -0.015495, "positive_rate": 0.333333, "directional_follow_through": 0.333333, "median_excess_return": -0.018463, "regime_survival": 0.555556, "best_return": 0.03544, "worst_return": -0.13137, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 8, "median_return": -0.036506, "positive_rate": 0.375, "directional_follow_through": 0.375, "median_excess_return": -0.099503, "regime_survival": 0.25, "best_return": 0.065333, "worst_return": -0.193651, "sufficient": true }, { "horizon": "Extended", "sample_count": 6, "median_return": -0.033707, "positive_rate": 0.166667, "directional_follow_through": 0.166667, "median_excess_return": -0.099766, "regime_survival": 0.333333, "best_return": 0.067773, "worst_return": -0.124662, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 3, "median_return": -0.160392, "positive_rate": 0.0, "directional_follow_through": 0.0, "median_excess_return": -0.149389, "regime_survival": 0.333333, "best_return": -0.0176, "worst_return": -0.199372, "sufficient": false } ], "ledger": [ { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-07-19", "end": "2024-10-25", "tenure": "Established", "return": 0.006177, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-11-01", "end": "2024-12-27", "tenure": "Developing", "return": -0.023477, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-01-03", "end": "2025-01-10", "tenure": "New", "return": -0.02839, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-01-17", "end": "2025-02-28", "tenure": "Developing", "return": 0.04762, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-03-07", "end": "2025-03-14", "tenure": "New", "return": -0.015133, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-03-21", "end": "2025-04-11", "tenure": "New", "return": -0.073476, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-04-18", "end": "2025-09-12", "tenure": "Established", "return": 0.052687, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-09-19", "end": "2025-10-10", "tenure": "New", "return": 0.00431, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-10-17", "end": "2025-11-28", "tenure": "Developing", "return": -7.2e-05, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-12-05", "end": "2026-01-09", "tenure": "Developing", "return": 0.023154, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-01-16", "end": "2026-04-03", "tenure": "Developing", "return": -0.009045, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-04-10", "end": "2026-07-03", "tenure": "Established", "return": 0.024333, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-07-10", "end": "2026-07-17", "tenure": "New", "return": -0.002928, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-07-24", "end": "2026-08-07", "tenure": "New", "return": 0.012418, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 6.357323, "volume": 110864, "typical_volume": 94451.35, "trend": 6.557319, "fair_value": 7.846679, "relative_strength": -11.466881, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -57.707552, "energy": 40.182146, "activity_lines": [ 6.438867, 6.491476, 6.50194, 6.51377 ] }, { "date": "2023-08-25", "close": 6.287844, "volume": 124656, "typical_volume": 98340.8, "trend": 6.5333, "fair_value": 7.833427, "relative_strength": -12.620129, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -65.016784, "energy": 57.769645, "activity_lines": [ 6.369462, 6.452137, 6.479569, 6.496385 ] }, { "date": "2023-09-01", "close": 6.339953, "volume": 104925, "typical_volume": 99856.9, "trend": 6.511018, "fair_value": 7.821042, "relative_strength": -13.520814, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -57.813042, "energy": 61.293332, "activity_lines": [ 6.342277, 6.424351, 6.463979, 6.483911 ] }, { "date": "2023-09-08", "close": 6.148452, "volume": 77439, "typical_volume": 98891.4, "trend": 6.485749, "fair_value": 7.806944, "relative_strength": -14.610168, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -77.438624, "energy": 73.262417, "activity_lines": [ 6.270329, 6.365069, 6.431595, 6.460519 ] }, { "date": "2023-09-15", "close": 6.043797, "volume": 114839, "typical_volume": 99833.4, "trend": 6.463496, "fair_value": 7.793001, "relative_strength": -15.514124, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -82.770259, "energy": 80.938123, "activity_lines": [ 6.184378, 6.293878, 6.391032, 6.432006 ] }, { "date": "2023-09-22", "close": 5.869373, "volume": 143189, "typical_volume": 102104.65, "trend": 6.446459, "fair_value": 7.778426, "relative_strength": -15.046873, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -89.091666, "energy": 89.672065, "activity_lines": [ 6.062344, 6.199368, 6.336549, 6.393676 ] }, { "date": "2023-09-29", "close": 5.599016, "volume": 147275, "typical_volume": 106323.95, "trend": 6.420976, "fair_value": 7.762724, "relative_strength": -17.876459, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -94.913084, "energy": 97.225215, "activity_lines": [ 5.882721, 6.068831, 6.259637, 6.339002 ] }, { "date": "2023-10-06", "close": 5.494361, "volume": 134056, "typical_volume": 109553.55, "trend": 6.390604, "fair_value": 7.747056, "relative_strength": -19.309451, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -92.349624, "energy": 96.893537, "activity_lines": [ 5.714136, 5.938567, 6.17728, 6.279221 ] }, { "date": "2023-10-13", "close": 5.598579, "volume": 113842, "typical_volume": 113189.5, "trend": 6.361435, "fair_value": 7.732201, "relative_strength": -17.707532, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -74.78831, "energy": 90.80162, "activity_lines": [ 5.636662, 5.847827, 6.10934, 6.228122 ] }, { "date": "2023-10-20", "close": 5.370781, "volume": 218144, "typical_volume": 119448.3, "trend": 6.326376, "fair_value": 7.716179, "relative_strength": -18.754702, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -86.522217, "energy": 94.852677, "activity_lines": [ 5.519914, 5.731362, 6.023616, 6.164209 ] }, { "date": "2023-10-27", "close": 5.309451, "volume": 73878, "typical_volume": 119367.5, "trend": 6.283878, "fair_value": 7.700739, "relative_strength": -17.335494, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -83.579037, "energy": 93.180764, "activity_lines": [ 5.42759, 5.621999, 5.937415, 6.098601 ] }, { "date": "2023-11-03", "close": 5.642387, "volume": 265155, "typical_volume": 122904.75, "trend": 6.249638, "fair_value": 7.685777, "relative_strength": -16.67161, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.650206, "energy": 66.791069, "activity_lines": [ 5.483573, 5.592222, 5.888577, 6.057214 ] }, { "date": "2023-11-10", "close": 5.869747, "volume": 167779, "typical_volume": 126992.45, "trend": 6.22385, "fair_value": 7.672272, "relative_strength": -14.203483, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.874809, "energy": 58.380547, "activity_lines": [ 5.612452, 5.615519, 5.865011, 6.032705 ] }, { "date": "2023-11-17", "close": 6.089752, "volume": 226880, "typical_volume": 132042.45, "trend": 6.209385, "fair_value": 7.66047, "relative_strength": -12.574759, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -35.497572, "energy": 27.782384, "activity_lines": [ 5.789639, 5.687366, 5.865506, 6.024054 ] }, { "date": "2023-11-24", "close": 6.204155, "volume": 164314, "typical_volume": 135346.85, "trend": 6.195884, "fair_value": 7.648179, "relative_strength": -11.363598, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -7.661358, "energy": 28.55933, "activity_lines": [ 5.972217, 5.78108, 5.879042, 6.023716 ] }, { "date": "2023-12-01", "close": 6.503363, "volume": 274944, "typical_volume": 144103.0, "trend": 6.193781, "fair_value": 7.637855, "relative_strength": -7.460423, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "mixed", "direction": 43.043523, "energy": 47.996664, "activity_lines": [ 6.198971, 5.926281, 5.922508, 6.043554 ] }, { "date": "2023-12-08", "close": 6.441321, "volume": 190288, "typical_volume": 149173.85, "trend": 6.190198, "fair_value": 7.626839, "relative_strength": -8.110989, "stage": 4, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 39.425162, "energy": 51.800246, "activity_lines": [ 6.325452, 6.048674, 5.960484, 6.059524 ] }, { "date": "2023-12-15", "close": 6.59153, "volume": 276342, "typical_volume": 160406.0, "trend": 6.195341, "fair_value": 7.617228, "relative_strength": -7.770396, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 43.942762, "energy": 67.776243, "activity_lines": [ 6.448739, 6.183063, 6.013811, 6.085417 ] }, { "date": "2023-12-22", "close": 6.556187, "volume": 285168, "typical_volume": 166458.9, "trend": 6.199878, "fair_value": 7.606261, "relative_strength": -8.70705, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 37.015238, "energy": 72.397885, "activity_lines": [ 6.512127, 6.291078, 6.063936, 6.108697 ] }, { "date": "2023-12-29", "close": 6.706396, "volume": 241721, "typical_volume": 172784.9, "trend": 6.206847, "fair_value": 7.595864, "relative_strength": -6.506593, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 44.122375, "energy": 75.859135, "activity_lines": [ 6.594488, 6.408992, 6.127916, 6.141376 ] }, { "date": "2024-01-05", "close": 6.653381, "volume": 70082, "typical_volume": 170745.8, "trend": 6.212063, "fair_value": 7.583948, "relative_strength": -5.366907, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 44.645641, "energy": 71.630028, "activity_lines": [ 6.625695, 6.492983, 6.185268, 6.170184 ] }, { "date": "2024-01-12", "close": 6.59996, "volume": 191710, "typical_volume": 174098.5, "trend": 6.218658, "fair_value": 7.570952, "relative_strength": -7.455911, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 39.500127, "energy": 61.412084, "activity_lines": [ 6.629094, 6.542827, 6.236122, 6.19521 ] }, { "date": "2024-01-19", "close": 6.449154, "volume": 164677, "typical_volume": 177086.1, "trend": 6.216205, "fair_value": 7.556792, "relative_strength": -10.146352, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 36.462977, "energy": 46.096707, "activity_lines": [ 6.571649, 6.54784, 6.271127, 6.210081 ] }, { "date": "2024-01-26", "close": 6.528992, "volume": 89193, "typical_volume": 177673.8, "trend": 6.215839, "fair_value": 7.543341, "relative_strength": -9.478436, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 50.152851, "energy": 43.791977, "activity_lines": [ 6.550308, 6.556835, 6.313216, 6.23026 ] }, { "date": "2024-02-02", "close": 6.724152, "volume": 127499, "typical_volume": 178306.8, "trend": 6.223127, "fair_value": 7.529515, "relative_strength": -7.642794, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 72.931375, "energy": 51.790119, "activity_lines": [ 6.595833, 6.593327, 6.37208, 6.263055 ] }, { "date": "2024-02-09", "close": 6.821289, "volume": 110496, "typical_volume": 176672.15, "trend": 6.230789, "fair_value": 7.516508, "relative_strength": -7.155654, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 77.055805, "energy": 58.757064, "activity_lines": [ 6.672553, 6.638027, 6.436955, 6.301646 ] }, { "date": "2024-02-16", "close": 6.741143, "volume": 120688, "typical_volume": 175342.8, "trend": 6.233474, "fair_value": 7.504075, "relative_strength": -7.543568, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.489024, "energy": 72.730018, "activity_lines": [ 6.711364, 6.662373, 6.489664, 6.334572 ] }, { "date": "2024-02-23", "close": 6.723333, "volume": 90987, "typical_volume": 173189.35, "trend": 6.236718, "fair_value": 7.49222, "relative_strength": -8.929672, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 62.813234, "energy": 74.286697, "activity_lines": [ 6.734827, 6.67803, 6.535238, 6.366176 ] }, { "date": "2024-03-01", "close": 6.732238, "volume": 92722, "typical_volume": 172133.35, "trend": 6.245737, "fair_value": 7.481956, "relative_strength": -9.355425, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 62.619131, "energy": 73.979838, "activity_lines": [ 6.742979, 6.69291, 6.575808, 6.398145 ] }, { "date": "2024-03-08", "close": 6.696173, "volume": 128699, "typical_volume": 167661.1, "trend": 6.256453, "fair_value": 7.471213, "relative_strength": -9.18766, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 60.213092, "energy": 52.473016, "activity_lines": [ 6.725559, 6.698032, 6.607545, 6.427205 ] }, { "date": "2024-03-15", "close": 6.664882, "volume": 89246, "typical_volume": 168429.5, "trend": 6.266705, "fair_value": 7.459673, "relative_strength": -9.104137, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 57.261703, "energy": 47.822969, "activity_lines": [ 6.699575, 6.69765, 6.629991, 6.453556 ] }, { "date": "2024-03-22", "close": 6.660412, "volume": 91731, "typical_volume": 159758.3, "trend": 6.279124, "fair_value": 7.447112, "relative_strength": -10.708227, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 43.998887, "energy": 37.517531, "activity_lines": [ 6.682528, 6.696247, 6.645556, 6.478956 ] }, { "date": "2024-03-29", "close": 6.633591, "volume": 56821, "typical_volume": 154210.4, "trend": 6.288912, "fair_value": 7.432939, "relative_strength": -10.94898, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 39.521864, "energy": 30.781722, "activity_lines": [ 6.661922, 6.688868, 6.653719, 6.501825 ] }, { "date": "2024-04-05", "close": 6.481609, "volume": 182399, "typical_volume": 151986.35, "trend": 6.300017, "fair_value": 7.418437, "relative_strength": -11.729573, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 24.253923, "energy": 19.373443, "activity_lines": [ 6.596639, 6.650502, 6.64377, 6.514257 ] }, { "date": "2024-04-12", "close": 6.409604, "volume": 72156, "typical_volume": 147378.45, "trend": 6.31221, "fair_value": 7.401082, "relative_strength": -10.956226, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -7.480133, "energy": 19.151943, "activity_lines": [ 6.524062, 6.599906, 6.625098, 6.521327 ] }, { "date": "2024-04-19", "close": 6.427558, "volume": 151988, "typical_volume": 141230.65, "trend": 6.330817, "fair_value": 7.384341, "relative_strength": -7.48899, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -7.140964, "energy": 25.484177, "activity_lines": [ 6.476575, 6.558293, 6.607157, 6.528769 ] }, { "date": "2024-04-26", "close": 6.373696, "volume": 96239, "typical_volume": 136528.2, "trend": 6.356639, "fair_value": 7.366955, "relative_strength": -10.187797, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -14.098265, "energy": 33.041907, "activity_lines": [ 6.426956, 6.514046, 6.584448, 6.531535 ] }, { "date": "2024-05-03", "close": 6.553147, "volume": 163436, "typical_volume": 130882.9, "trend": 6.391932, "fair_value": 7.349823, "relative_strength": -7.78361, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": -3.804682, "energy": 24.953306, "activity_lines": [ 6.456267, 6.509108, 6.579151, 6.544213 ] }, { "date": "2024-05-10", "close": 6.620115, "volume": 97735, "typical_volume": 121511.25, "trend": 6.425983, "fair_value": 7.334564, "relative_strength": -8.112985, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 11.802444, "energy": 13.960959, "activity_lines": [ 6.513265, 6.519439, 6.580415, 6.558935 ] }, { "date": "2024-05-17", "close": 6.642648, "volume": 62012, "typical_volume": 112525.8, "trend": 6.468379, "fair_value": 7.31945, "relative_strength": -8.912734, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 35.039183, "energy": 20.547456, "activity_lines": [ 6.568539, 6.535906, 6.58352, 6.572913 ] }, { "date": "2024-05-24", "close": 6.543504, "volume": 97622, "typical_volume": 113902.8, "trend": 6.509514, "fair_value": 7.302151, "relative_strength": -9.874368, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 20.305945, "energy": 20.891605, "activity_lines": [ 6.57523, 6.53532, 6.577487, 6.57776 ] }, { "date": "2024-05-31", "close": 6.480412, "volume": 50099, "typical_volume": 106822.25, "trend": 6.537448, "fair_value": 7.284897, "relative_strength": -9.999672, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -8.515949, "energy": 13.396, "activity_lines": [ 6.55316, 6.52547, 6.565968, 6.575882 ] }, { "date": "2024-06-07", "close": 6.633455, "volume": 93774, "typical_volume": 103277.1, "trend": 6.562905, "fair_value": 7.267123, "relative_strength": -8.645182, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 11.855834, "energy": 11.669496, "activity_lines": [ 6.57499, 6.546719, 6.569594, 6.582076 ] }, { "date": "2024-06-14", "close": 6.741377, "volume": 123917, "typical_volume": 105013.3, "trend": 6.584626, "fair_value": 7.251045, "relative_strength": -8.360198, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 34.289195, "energy": 20.81859, "activity_lines": [ 6.62744, 6.587592, 6.582621, 6.593591 ] }, { "date": "2024-06-21", "close": 6.668987, "volume": 75730, "typical_volume": 102424.85, "trend": 6.60012, "fair_value": 7.234051, "relative_strength": -9.536754, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 15.352181, "energy": 20.042078, "activity_lines": [ 6.647676, 6.61058, 6.587741, 6.599033 ] }, { "date": "2024-06-28", "close": 6.704277, "volume": 114898, "typical_volume": 102644.95, "trend": 6.606817, "fair_value": 7.217132, "relative_strength": -8.666838, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 20.211164, "energy": 30.676415, "activity_lines": [ 6.677919, 6.635269, 6.596486, 6.605753 ] }, { "date": "2024-07-05", "close": 6.759475, "volume": 88371, "typical_volume": 101029.1, "trend": 6.617423, "fair_value": 7.200266, "relative_strength": -9.275488, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 27.08623, "energy": 44.685506, "activity_lines": [ 6.715844, 6.664962, 6.611045, 6.615602 ] }, { "date": "2024-07-12", "close": 6.872239, "volume": 99387, "typical_volume": 101449.1, "trend": 6.62678, "fair_value": 7.184425, "relative_strength": -8.301193, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 75.352339, "energy": 66.705975, "activity_lines": [ 6.772752, 6.708144, 6.636256, 6.632042 ] }, { "date": "2024-07-19", "close": 6.795023, "volume": 86721, "typical_volume": 101149.05, "trend": 6.634741, "fair_value": 7.169146, "relative_strength": -7.173356, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.072199, "energy": 63.195424, "activity_lines": [ 6.788002, 6.731484, 6.653404, 6.642896 ] }, { "date": "2024-07-26", "close": 6.776854, "volume": 168245, "typical_volume": 103126.35, "trend": 6.637089, "fair_value": 7.152543, "relative_strength": -6.342853, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 60.475589, "energy": 59.650722, "activity_lines": [ 6.79362, 6.748341, 6.668522, 6.652065 ] }, { "date": "2024-08-02", "close": 6.876781, "volume": 308588, "typical_volume": 114093.45, "trend": 6.644536, "fair_value": 7.13663, "relative_strength": -2.655784, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 69.297481, "energy": 62.432036, "activity_lines": [ 6.825356, 6.780927, 6.692773, 6.667529 ] }, { "date": "2024-08-09", "close": 6.849528, "volume": 407048, "typical_volume": 129859.3, "trend": 6.652855, "fair_value": 7.120391, "relative_strength": -2.824732, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 62.161821, "energy": 50.518196, "activity_lines": [ 6.836507, 6.802498, 6.71342, 6.680754 ] }, { "date": "2024-08-16", "close": 6.862754, "volume": 221921, "typical_volume": 138114.3, "trend": 6.666642, "fair_value": 7.104287, "relative_strength": -6.055604, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 62.444511, "energy": 46.608841, "activity_lines": [ 6.846064, 6.819762, 6.734426, 6.694296 ] }, { "date": "2024-08-23", "close": 6.894674, "volume": 174158, "typical_volume": 137702.25, "trend": 6.678831, "fair_value": 7.089044, "relative_strength": -6.628159, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.786513, "energy": 55.037234, "activity_lines": [ 6.866892, 6.838661, 6.75738, 6.709008 ] }, { "date": "2024-08-30", "close": 6.903794, "volume": 85201, "typical_volume": 138354.5, "trend": 6.684819, "fair_value": 7.074364, "relative_strength": -6.487733, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.253604, "energy": 52.59482, "activity_lines": [ 6.884118, 6.856431, 6.779236, 6.723521 ] }, { "date": "2024-09-06", "close": 6.976753, "volume": 108089, "typical_volume": 136159.55, "trend": 6.690001, "fair_value": 7.060455, "relative_strength": -1.264132, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 74.046366, "energy": 64.557995, "activity_lines": [ 6.9172, 6.883197, 6.805688, 6.742356 ] }, { "date": "2024-09-13", "close": 7.176936, "volume": 211086, "typical_volume": 141901.9, "trend": 6.704528, "fair_value": 7.046968, "relative_strength": -2.19941, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 90.497218, "energy": 87.582022, "activity_lines": [ 7.010345, 6.941406, 6.848589, 6.773771 ] }, { "date": "2024-09-20", "close": 7.167782, "volume": 88297, "typical_volume": 138144.95, "trend": 6.719343, "fair_value": 7.03332, "relative_strength": -3.521518, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 84.210242, "energy": 91.504523, "activity_lines": [ 7.078612, 6.99036, 6.886793, 6.803658 ] }, { "date": "2024-09-27", "close": 7.204399, "volume": 261485, "typical_volume": 146332.45, "trend": 6.735081, "fair_value": 7.020668, "relative_strength": -3.480133, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 80.627625, "energy": 91.254303, "activity_lines": [ 7.138749, 7.040599, 6.925558, 6.834952 ] }, { "date": "2024-10-04", "close": 7.103702, "volume": 203902, "typical_volume": 153426.95, "trend": 6.748666, "fair_value": 7.005494, "relative_strength": -5.000721, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.177074, "energy": 85.049897, "activity_lines": [ 7.144672, 7.065085, 6.95195, 6.858734 ] }, { "date": "2024-10-11", "close": 7.039164, "volume": 366049, "typical_volume": 166848.3, "trend": 6.761142, "fair_value": 6.989857, "relative_strength": -6.797708, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.073696, "energy": 59.005852, "activity_lines": [ 7.115755, 7.071895, 6.97, 6.877476 ] }, { "date": "2024-10-18", "close": 7.039164, "volume": 277302, "typical_volume": 178208.45, "trend": 6.773767, "fair_value": 6.975744, "relative_strength": -7.475873, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 59.513239, "energy": 48.620751, "activity_lines": [ 7.082677, 7.075753, 6.98569, 6.895413 ] }, { "date": "2024-10-25", "close": 6.836995, "volume": 197675, "typical_volume": 183403.5, "trend": 6.780547, "fair_value": 6.962319, "relative_strength": -9.09774, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 25.53727, "energy": 19.654811, "activity_lines": [ 6.991395, 7.039404, 6.979466, 6.899492 ] }, { "date": "2024-11-01", "close": 6.781858, "volume": 335488, "typical_volume": 193982.05, "trend": 6.790555, "fair_value": 6.947777, "relative_strength": -8.394004, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 2.72521, "energy": 20.620721, "activity_lines": [ 6.903786, 6.993499, 6.96702, 6.899577 ] }, { "date": "2024-11-08", "close": 6.846185, "volume": 280400, "typical_volume": 204215.55, "trend": 6.805108, "fair_value": 6.932375, "relative_strength": -11.451989, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 9.024384, "energy": 26.020703, "activity_lines": [ 6.865789, 6.961341, 6.960509, 6.903166 ] }, { "date": "2024-11-15", "close": 6.81812, "volume": 308425, "typical_volume": 213891.9, "trend": 6.818127, "fair_value": 6.917813, "relative_strength": -9.666295, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -5.20383, "energy": 27.786435, "activity_lines": [ 6.835605, 6.925127, 6.950481, 6.904005 ] }, { "date": "2024-11-22", "close": 6.827346, "volume": 136117, "typical_volume": 216279.2, "trend": 6.833248, "fair_value": 6.90428, "relative_strength": -10.713878, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -20.775416, "energy": 31.152276, "activity_lines": [ 6.823232, 6.893476, 6.940789, 6.9046 ] }, { "date": "2024-11-29", "close": 6.919608, "volume": 277826, "typical_volume": 225201.15, "trend": 6.845464, "fair_value": 6.891594, "relative_strength": -10.178011, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 2.039195, "energy": 14.696804, "activity_lines": [ 6.855734, 6.884955, 6.939561, 6.910172 ] }, { "date": "2024-12-06", "close": 7.021095, "volume": 477092, "typical_volume": 244719.7, "trend": 6.85883, "fair_value": 6.878997, "relative_strength": -9.289811, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 32.574516, "energy": 14.646061, "activity_lines": [ 6.916558, 6.899399, 6.947773, 6.921503 ] }, { "date": "2024-12-13", "close": 6.798626, "volume": 301271, "typical_volume": 251371.0, "trend": 6.864029, "fair_value": 6.864978, "relative_strength": -11.248621, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 7.217099, "energy": 5.916777, "activity_lines": [ 6.887276, 6.876726, 6.93372, 6.917619 ] }, { "date": "2024-12-20", "close": 6.613377, "volume": 369203, "typical_volume": 254401.75, "trend": 6.866358, "fair_value": 6.849921, "relative_strength": -11.673871, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -36.283172, "energy": 24.513775, "activity_lines": [ 6.799416, 6.825919, 6.901922, 6.901448 ] }, { "date": "2024-12-27", "close": 6.62264, "volume": 296371, "typical_volume": 248867.9, "trend": 6.871099, "fair_value": 6.834257, "relative_strength": -11.7003, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -43.85869, "energy": 52.219387, "activity_lines": [ 6.728292, 6.784538, 6.872259, 6.885724 ] }, { "date": "2025-01-03", "close": 6.720821, "volume": 341399, "typical_volume": 254841.8, "trend": 6.874011, "fair_value": 6.819274, "relative_strength": -9.507286, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -31.682833, "energy": 58.242235, "activity_lines": [ 6.703543, 6.768581, 6.853028, 6.876029 ] }, { "date": "2025-01-10", "close": 6.530015, "volume": 487074, "typical_volume": 270487.6, "trend": 6.866966, "fair_value": 6.804452, "relative_strength": -9.95777, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -75.666646, "energy": 78.790671, "activity_lines": [ 6.628444, 6.720044, 6.816301, 6.853835 ] }, { "date": "2025-01-17", "close": 6.65047, "volume": 285177, "typical_volume": 280486.4, "trend": 6.866348, "fair_value": 6.792869, "relative_strength": -10.58766, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.366262, "energy": 67.910148, "activity_lines": [ 6.626235, 6.697987, 6.792782, 6.839868 ] }, { "date": "2025-01-24", "close": 6.631867, "volume": 222591, "typical_volume": 286211.5, "trend": 6.863935, "fair_value": 6.781475, "relative_strength": -12.00003, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -59.216979, "energy": 58.125096, "activity_lines": [ 6.627703, 6.676106, 6.768698, 6.82474 ] }, { "date": "2025-01-31", "close": 6.669072, "volume": 321023, "typical_volume": 291708.35, "trend": 6.860921, "fair_value": 6.76924, "relative_strength": -10.226708, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -56.975132, "energy": 45.68499, "activity_lines": [ 6.640339, 6.664376, 6.749799, 6.812168 ] }, { "date": "2025-02-07", "close": 6.864401, "volume": 302782, "typical_volume": 302432.6, "trend": 6.86066, "fair_value": 6.759236, "relative_strength": -7.094515, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -28.297829, "energy": 18.662577, "activity_lines": [ 6.71499, 6.691038, 6.751921, 6.812393 ] }, { "date": "2025-02-14", "close": 6.780376, "volume": 154816, "typical_volume": 297099.15, "trend": 6.860172, "fair_value": 6.749931, "relative_strength": -9.214171, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -31.013734, "energy": 18.843254, "activity_lines": [ 6.75206, 6.703427, 6.747486, 6.807213 ] }, { "date": "2025-02-21", "close": 6.892448, "volume": 100713, "typical_volume": 291939.7, "trend": 6.864025, "fair_value": 6.741087, "relative_strength": -5.928697, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -9.222494, "energy": 16.284737, "activity_lines": [ 6.809797, 6.740569, 6.755743, 6.809295 ] }, { "date": "2025-02-28", "close": 6.967163, "volume": 116770, "typical_volume": 279475.75, "trend": 6.867038, "fair_value": 6.732308, "relative_strength": -3.749232, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "mixed", "direction": 28.249869, "energy": 30.936946, "activity_lines": [ 6.876307, 6.78959, 6.772123, 6.815949 ] }, { "date": "2025-03-07", "close": 6.827073, "volume": 312603, "typical_volume": 281240.8, "trend": 6.866289, "fair_value": 6.724749, "relative_strength": -2.478831, "stage": 3, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 14.653494, "energy": 22.603075, "activity_lines": [ 6.873768, 6.806707, 6.775503, 6.813371 ] }, { "date": "2025-03-14", "close": 6.723758, "volume": 148837, "typical_volume": 278798.9, "trend": 6.861656, "fair_value": 6.717562, "relative_strength": -1.52227, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "down", "direction": -15.077822, "energy": 16.98624, "activity_lines": [ 6.826256, 6.801323, 6.770053, 6.804175 ] }, { "date": "2025-03-21", "close": 6.770646, "volume": 182206, "typical_volume": 271134.8, "trend": 6.857522, "fair_value": 6.711297, "relative_strength": -1.19173, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -22.099425, "energy": 12.429412, "activity_lines": [ 6.80375, 6.804411, 6.769608, 6.798304 ] }, { "date": "2025-03-28", "close": 6.620604, "volume": 140314, "typical_volume": 264130.5, "trend": 6.848082, "fair_value": 6.70407, "relative_strength": -1.790419, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -47.335784, "energy": 28.058073, "activity_lines": [ 6.731879, 6.775843, 6.754927, 6.783019 ] }, { "date": "2025-04-04", "close": 6.686247, "volume": 128499, "typical_volume": 255134.2, "trend": 6.838399, "fair_value": 6.698403, "relative_strength": 8.973856, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -40.202388, "energy": 29.306314, "activity_lines": [ 6.700012, 6.759753, 6.747572, 6.772578 ] }, { "date": "2025-04-11", "close": 6.273163, "volume": 483953, "typical_volume": 272526.0, "trend": 6.808273, "fair_value": 6.691753, "relative_strength": -3.099705, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -81.589592, "energy": 69.963309, "activity_lines": [ 6.549178, 6.667569, 6.701504, 6.736111 ] }, { "date": "2025-04-18", "close": 6.30142, "volume": 244410, "typical_volume": 270855.2, "trend": 6.779394, "fair_value": 6.686532, "relative_strength": -1.086538, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -79.006146, "energy": 79.057852, "activity_lines": [ 6.44469, 6.58772, 6.660765, 6.703411 ] }, { "date": "2025-04-25", "close": 6.339097, "volume": 296322, "typical_volume": 261816.7, "trend": 6.750551, "fair_value": 6.682333, "relative_strength": -4.693876, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -69.059185, "energy": 76.785332, "activity_lines": [ 6.380917, 6.524957, 6.626559, 6.675005 ] }, { "date": "2025-05-02", "close": 6.367354, "volume": 305490, "typical_volume": 262027.65, "trend": 6.726006, "fair_value": 6.677847, "relative_strength": -6.73276, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.43406, "energy": 74.336732, "activity_lines": [ 6.355333, 6.475356, 6.598291, 6.650282 ] }, { "date": "2025-05-09", "close": 6.470965, "volume": 287935, "typical_volume": 257964.25, "trend": 6.707066, "fair_value": 6.673871, "relative_strength": -4.594582, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.213378, "energy": 60.340488, "activity_lines": [ 6.381169, 6.45414, 6.581945, 6.633828 ] }, { "date": "2025-05-16", "close": 6.404196, "volume": 288666, "typical_volume": 257579.0, "trend": 6.6859, "fair_value": 6.671244, "relative_strength": -10.04642, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -57.065149, "energy": 41.640885, "activity_lines": [ 6.399101, 6.429806, 6.559918, 6.614288 ] }, { "date": "2025-05-23", "close": 6.309599, "volume": 268665, "typical_volume": 253942.3, "trend": 6.66832, "fair_value": 6.662942, "relative_strength": -8.828634, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.312553, "energy": 41.302722, "activity_lines": [ 6.376765, 6.395961, 6.529922, 6.59001 ] }, { "date": "2025-05-30", "close": 6.366357, "volume": 104356, "typical_volume": 234806.4, "trend": 6.65447, "fair_value": 6.654638, "relative_strength": -9.37345, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -55.383401, "energy": 36.046434, "activity_lines": [ 6.372804, 6.379967, 6.507289, 6.570529 ] }, { "date": "2025-06-06", "close": 6.328518, "volume": 87801, "typical_volume": 224937.6, "trend": 6.637215, "fair_value": 6.645935, "relative_strength": -11.088778, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -58.460967, "energy": 39.058451, "activity_lines": [ 6.354411, 6.364443, 6.481833, 6.5495 ] }, { "date": "2025-06-13", "close": 6.328045, "volume": 289585, "typical_volume": 228287.3, "trend": 6.620879, "fair_value": 6.642633, "relative_strength": -10.490136, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -58.285502, "energy": 39.972146, "activity_lines": [ 6.338451, 6.354143, 6.457864, 6.529553 ] }, { "date": "2025-06-20", "close": 6.347048, "volume": 109987, "typical_volume": 217735.5, "trend": 6.604869, "fair_value": 6.638981, "relative_strength": -9.825834, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -55.76737, "energy": 37.117455, "activity_lines": [ 6.338352, 6.353812, 6.437152, 6.511887 ] }, { "date": "2025-06-27", "close": 6.322344, "volume": 82533, "typical_volume": 206723.05, "trend": 6.58496, "fair_value": 6.633282, "relative_strength": -12.880509, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -58.133937, "energy": 37.59808, "activity_lines": [ 6.333829, 6.347645, 6.41562, 6.493659 ] }, { "date": "2025-07-04", "close": 6.423061, "volume": 160587, "typical_volume": 207011.6, "trend": 6.565026, "fair_value": 6.627073, "relative_strength": -12.674719, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -42.799388, "energy": 27.000811, "activity_lines": [ 6.362029, 6.35941, 6.406262, 6.483214 ] }, { "date": "2025-07-11", "close": 6.394081, "volume": 125497, "typical_volume": 208250.8, "trend": 6.551541, "fair_value": 6.617464, "relative_strength": -12.518383, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -40.167906, "energy": 24.603721, "activity_lines": [ 6.376788, 6.36438, 6.395846, 6.472186 ] }, { "date": "2025-07-18", "close": 6.289104, "volume": 80776, "typical_volume": 206451.1, "trend": 6.540732, "fair_value": 6.609553, "relative_strength": -14.14401, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -51.078165, "energy": 29.963337, "activity_lines": [ 6.352184, 6.349777, 6.377805, 6.455254 ] }, { "date": "2025-07-25", "close": 6.174583, "volume": 222796, "typical_volume": 201960.75, "trend": 6.525797, "fair_value": 6.599117, "relative_strength": -16.566896, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -72.302198, "energy": 50.213739, "activity_lines": [ 6.292003, 6.317658, 6.352085, 6.431632 ] }, { "date": "2025-08-01", "close": 6.2223, "volume": 364031, "typical_volume": 212720.45, "trend": 6.509179, "fair_value": 6.586931, "relative_strength": -13.404029, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.508593, "energy": 57.691531, "activity_lines": [ 6.259224, 6.29839, 6.334018, 6.412051 ] }, { "date": "2025-08-08", "close": 6.23881, "volume": 639101, "typical_volume": 235565.2, "trend": 6.499472, "fair_value": 6.575589, "relative_strength": -14.824633, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -57.950147, "energy": 59.477363, "activity_lines": [ 6.238619, 6.283711, 6.319911, 6.394608 ] }, { "date": "2025-08-15", "close": 6.231267, "volume": 610868, "typical_volume": 259092.9, "trend": 6.485499, "fair_value": 6.566791, "relative_strength": -15.351663, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -58.140326, "energy": 60.711895, "activity_lines": [ 6.227783, 6.26998, 6.307617, 6.377305 ] }, { "date": "2025-08-22", "close": 6.269613, "volume": 434011, "typical_volume": 274368.5, "trend": 6.473424, "fair_value": 6.557816, "relative_strength": -14.690097, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -54.985316, "energy": 39.592208, "activity_lines": [ 6.240583, 6.264989, 6.30083, 6.363376 ] }, { "date": "2025-08-29", "close": 6.327133, "volume": 216672, "typical_volume": 261004.45, "trend": 6.462026, "fair_value": 6.549845, "relative_strength": -13.494234, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -39.535843, "energy": 25.396789, "activity_lines": [ 6.273856, 6.271518, 6.301505, 6.353938 ] }, { "date": "2025-09-05", "close": 6.451758, "volume": 241004, "typical_volume": 260834.15, "trend": 6.448271, "fair_value": 6.54426, "relative_strength": -11.623612, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -11.074476, "energy": 11.174256, "activity_lines": [ 6.3385, 6.301069, 6.313792, 6.353276 ] }, { "date": "2025-09-12", "close": 6.633423, "volume": 246991, "typical_volume": 258367.6, "trend": 6.443373, "fair_value": 6.54287, "relative_strength": -10.105762, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "mixed", "direction": 39.551679, "energy": 35.726288, "activity_lines": [ 6.448403, 6.361296, 6.342665, 6.365221 ] }, { "date": "2025-09-19", "close": 6.700817, "volume": 331431, "typical_volume": 259664.65, "trend": 6.436985, "fair_value": 6.544145, "relative_strength": -9.889406, "stage": 4, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 45.295074, "energy": 59.262607, "activity_lines": [ 6.554462, 6.429953, 6.376554, 6.38183 ] }, { "date": "2025-09-26", "close": 6.643051, "volume": 124606, "typical_volume": 251498.2, "trend": 6.426181, "fair_value": 6.545155, "relative_strength": -9.991959, "stage": 4, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 42.75731, "energy": 69.588625, "activity_lines": [ 6.609963, 6.482529, 6.403354, 6.395125 ] }, { "date": "2025-10-03", "close": 6.710444, "volume": 263091, "typical_volume": 250219.45, "trend": 6.422294, "fair_value": 6.547396, "relative_strength": -9.690336, "stage": 4, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 47.40144, "energy": 74.746277, "activity_lines": [ 6.663032, 6.540923, 6.435753, 6.413465 ] }, { "date": "2025-10-10", "close": 6.729699, "volume": 163105, "typical_volume": 244941.45, "trend": 6.422492, "fair_value": 6.551201, "relative_strength": -6.865282, "stage": 4, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 73.747026, "energy": 84.855397, "activity_lines": [ 6.696965, 6.593076, 6.468527, 6.433297 ] }, { "date": "2025-10-17", "close": 6.738805, "volume": 178361, "typical_volume": 248641.7, "trend": 6.42143, "fair_value": 6.555494, "relative_strength": -8.00846, "stage": 4, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 71.775969, "energy": 81.453493, "activity_lines": [ 6.715405, 6.637658, 6.500169, 6.453705 ] }, { "date": "2025-10-24", "close": 6.796815, "volume": 229214, "typical_volume": 255712.35, "trend": 6.427304, "fair_value": 6.560263, "relative_strength": -8.673427, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 76.776479, "energy": 82.469394, "activity_lines": [ 6.746155, 6.683697, 6.535561, 6.477923 ] }, { "date": "2025-10-31", "close": 6.787146, "volume": 435696, "typical_volume": 263017.9, "trend": 6.430667, "fair_value": 6.565238, "relative_strength": -9.117389, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 72.173906, "energy": 83.315013, "activity_lines": [ 6.767283, 6.717695, 6.567802, 6.501139 ] }, { "date": "2025-11-07", "close": 6.738805, "volume": 332798, "typical_volume": 274158.45, "trend": 6.446189, "fair_value": 6.568406, "relative_strength": -8.024478, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.894244, "energy": 69.395404, "activity_lines": [ 6.762691, 6.733494, 6.593254, 6.521018 ] }, { "date": "2025-11-14", "close": 6.738322, "volume": 183399, "typical_volume": 279201.75, "trend": 6.460752, "fair_value": 6.568077, "relative_strength": -7.878128, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 63.533611, "energy": 57.300159, "activity_lines": [ 6.756047, 6.741721, 6.616794, 6.539866 ] }, { "date": "2025-11-21", "close": 6.699484, "volume": 323805, "typical_volume": 287362.65, "trend": 6.472765, "fair_value": 6.566049, "relative_strength": -6.37847, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 50.223001, "energy": 44.799866, "activity_lines": [ 6.735882, 6.737676, 6.634654, 6.555268 ] }, { "date": "2025-11-28", "close": 6.738322, "volume": 200244, "typical_volume": 291100.0, "trend": 6.48513, "fair_value": 6.564056, "relative_strength": -8.907903, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 46.159001, "energy": 37.638874, "activity_lines": [ 6.731285, 6.739491, 6.654897, 6.5724 ] }, { "date": "2025-12-05", "close": 6.718903, "volume": 426412, "typical_volume": 308381.8, "trend": 6.493395, "fair_value": 6.562689, "relative_strength": -9.169679, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 43.615663, "energy": 34.913108, "activity_lines": [ 6.724114, 6.737093, 6.671651, 6.587483 ] }, { "date": "2025-12-12", "close": 6.698957, "volume": 481971, "typical_volume": 321340.55, "trend": 6.50322, "fair_value": 6.563301, "relative_strength": -8.662904, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 40.428232, "energy": 30.929235, "activity_lines": [ 6.714844, 6.72969, 6.684459, 6.600745 ] }, { "date": "2025-12-19", "close": 6.708708, "volume": 912807, "typical_volume": 348779.35, "trend": 6.516524, "fair_value": 6.564569, "relative_strength": -8.401748, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 39.123796, "energy": 29.143277, "activity_lines": [ 6.71148, 6.724269, 6.695698, 6.614002 ] }, { "date": "2025-12-26", "close": 6.708708, "volume": 374852, "typical_volume": 335566.9, "trend": 6.527936, "fair_value": 6.564649, "relative_strength": -9.441932, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 37.141366, "energy": 25.903868, "activity_lines": [ 6.710091, 6.719229, 6.704621, 6.626401 ] }, { "date": "2026-01-02", "close": 6.72821, "volume": 498251, "typical_volume": 329936.05, "trend": 6.541259, "fair_value": 6.56453, "relative_strength": -7.959303, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 39.915046, "energy": 25.978305, "activity_lines": [ 6.714588, 6.718282, 6.713164, 6.639322 ] }, { "date": "2026-01-09", "close": 6.874475, "volume": 246511, "typical_volume": 320561.05, "trend": 6.559473, "fair_value": 6.565351, "relative_strength": -7.18905, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 73.058858, "energy": 46.250854, "activity_lines": [ 6.768514, 6.745176, 6.733271, 6.66082 ] }, { "date": "2026-01-16", "close": 6.895654, "volume": 132884, "typical_volume": 316371.65, "trend": 6.57776, "fair_value": 6.565279, "relative_strength": -6.361127, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 74.497744, "energy": 63.41319, "activity_lines": [ 6.819128, 6.774334, 6.752514, 6.682509 ] }, { "date": "2026-01-23", "close": 6.80067, "volume": 139565, "typical_volume": 311299.7, "trend": 6.593704, "fair_value": 6.563947, "relative_strength": -7.129287, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 58.62923, "energy": 59.469007, "activity_lines": [ 6.824968, 6.783369, 6.760004, 6.69689 ] }, { "date": "2026-01-30", "close": 6.844735, "volume": 315062, "typical_volume": 314703.25, "trend": 6.60776, "fair_value": 6.562898, "relative_strength": -6.674746, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 62.370471, "energy": 66.655775, "activity_lines": [ 6.839365, 6.799283, 6.770029, 6.713085 ] }, { "date": "2026-02-06", "close": 6.91328, "volume": 309775, "typical_volume": 313620.45, "trend": 6.625067, "fair_value": 6.562941, "relative_strength": -5.289634, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 71.70358, "energy": 62.463631, "activity_lines": [ 6.867542, 6.825019, 6.785576, 6.732796 ] }, { "date": "2026-02-13", "close": 6.951959, "volume": 588511, "typical_volume": 336815.7, "trend": 6.647162, "fair_value": 6.564483, "relative_strength": -3.335257, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 72.440196, "energy": 51.892201, "activity_lines": [ 6.896274, 6.854606, 6.803795, 6.753886 ] }, { "date": "2026-02-20", "close": 6.991291, "volume": 135157, "typical_volume": 330419.0, "trend": 6.674385, "fair_value": 6.568399, "relative_strength": -3.610781, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 75.642454, "energy": 65.801842, "activity_lines": [ 6.932951, 6.887107, 6.824289, 6.776088 ] }, { "date": "2026-02-27", "close": 7.050289, "volume": 241051, "typical_volume": 334316.3, "trend": 6.701985, "fair_value": 6.572801, "relative_strength": -2.026002, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 79.042744, "energy": 77.177502, "activity_lines": [ 6.982919, 6.925019, 6.849065, 6.80034 ] }, { "date": "2026-03-06", "close": 6.892961, "volume": 369893, "typical_volume": 343892.9, "trend": 6.72379, "fair_value": 6.575926, "relative_strength": -1.96043, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 62.914956, "energy": 52.101002, "activity_lines": [ 6.963802, 6.928117, 6.85733, 6.812661 ] }, { "date": "2026-03-13", "close": 6.872782, "volume": 112966, "typical_volume": 338080.5, "trend": 6.745174, "fair_value": 6.578484, "relative_strength": -0.445209, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 58.145611, "energy": 42.194701, "activity_lines": [ 6.934744, 6.924195, 6.862939, 6.822273 ] }, { "date": "2026-03-20", "close": 6.724662, "volume": 201409, "typical_volume": 326366.15, "trend": 6.760342, "fair_value": 6.580421, "relative_strength": -0.48012, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 18.713544, "energy": 11.512375, "activity_lines": [ 6.859013, 6.890713, 6.85408, 6.82095 ] }, { "date": "2026-03-27", "close": 6.567161, "volume": 311389, "typical_volume": 325295.7, "trend": 6.768343, "fair_value": 6.580311, "relative_strength": -0.279682, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "mixed", "direction": -25.027453, "energy": 29.350741, "activity_lines": [ 6.745934, 6.831319, 6.830518, 6.808487 ] }, { "date": "2026-04-03", "close": 6.833284, "volume": 136875, "typical_volume": 322969.5, "trend": 6.781061, "fair_value": 6.58136, "relative_strength": 0.87561, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "mixed", "direction": -10.207517, "energy": 21.617606, "activity_lines": [ 6.749838, 6.826284, 6.833119, 6.812676 ] }, { "date": "2026-04-10", "close": 6.892532, "volume": 196584, "typical_volume": 316608.45, "trend": 6.789698, "fair_value": 6.582957, "relative_strength": -1.469277, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -0.231574, "energy": 13.832142, "activity_lines": [ 6.787959, 6.831428, 6.84091, 6.819868 ] }, { "date": "2026-04-17", "close": 6.951453, "volume": 370519, "typical_volume": 325122.2, "trend": 6.798052, "fair_value": 6.585699, "relative_strength": -4.506523, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 31.597785, "energy": 14.36932, "activity_lines": [ 6.845749, 6.846415, 6.853393, 6.830304 ] }, { "date": "2026-04-24", "close": 6.951453, "volume": 92753, "typical_volume": 308439.25, "trend": 6.808332, "fair_value": 6.587893, "relative_strength": -4.67366, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 44.589073, "energy": 28.72763, "activity_lines": [ 6.898293, 6.860709, 6.864862, 6.840201 ] }, { "date": "2026-05-01", "close": 6.93162, "volume": 162747, "typical_volume": 292478.05, "trend": 6.815705, "fair_value": 6.590234, "relative_strength": -5.520288, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 42.21737, "energy": 30.524248, "activity_lines": [ 6.929108, 6.871406, 6.873334, 6.848155 ] }, { "date": "2026-05-08", "close": 7.055576, "volume": 151308, "typical_volume": 254403.1, "trend": 6.826567, "fair_value": 6.593482, "relative_strength": -5.681103, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 66.607038, "energy": 54.229679, "activity_lines": [ 6.976944, 6.905725, 6.892504, 6.86363 ] }, { "date": "2026-05-15", "close": 6.881043, "volume": 161385, "typical_volume": 243729.75, "trend": 6.831309, "fair_value": 6.596327, "relative_strength": -7.929144, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 51.884001, "energy": 43.69022, "activity_lines": [ 6.951783, 6.908215, 6.8934, 6.867145 ] }, { "date": "2026-05-22", "close": 6.910917, "volume": 263280, "typical_volume": 231981.2, "trend": 6.835112, "fair_value": 6.599474, "relative_strength": -8.025331, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 48.21207, "energy": 26.314649, "activity_lines": [ 6.937345, 6.916354, 6.89632, 6.872281 ] }, { "date": "2026-05-29", "close": 7.00054, "volume": 159632, "typical_volume": 227637.25, "trend": 6.842225, "fair_value": 6.602699, "relative_strength": -7.873769, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 54.588934, "energy": 28.615627, "activity_lines": [ 6.955485, 6.940094, 6.906906, 6.882954 ] }, { "date": "2026-06-05", "close": 6.990582, "volume": 351029, "typical_volume": 238544.5, "trend": 6.850618, "fair_value": 6.605864, "relative_strength": -5.425355, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 51.417633, "energy": 25.21543, "activity_lines": [ 6.967032, 6.957007, 6.915943, 6.892525 ] }, { "date": "2026-06-12", "close": 7.000498, "volume": 139910, "typical_volume": 238561.75, "trend": 6.859357, "fair_value": 6.6097, "relative_strength": -5.594959, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 52.500219, "energy": 27.943912, "activity_lines": [ 6.977954, 6.968025, 6.925472, 6.902195 ] }, { "date": "2026-06-19", "close": 7.010456, "volume": 225748, "typical_volume": 234096.05, "trend": 6.869723, "fair_value": 6.612826, "relative_strength": -6.077052, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 53.594034, "energy": 37.510376, "activity_lines": [ 6.995868, 6.977813, 6.934998, 6.911943 ] }, { "date": "2026-06-26", "close": 6.970624, "volume": 464806, "typical_volume": 241847.6, "trend": 6.877466, "fair_value": 6.615587, "relative_strength": -4.183165, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 50.486634, "energy": 32.215609, "activity_lines": [ 6.991876, 6.978215, 6.939942, 6.918453 ] }, { "date": "2026-07-03", "close": 7.060246, "volume": 312443, "typical_volume": 228044.2, "trend": 6.888844, "fair_value": 6.619143, "relative_strength": -4.842772, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 61.991047, "energy": 43.827012, "activity_lines": [ 7.013778, 6.994563, 6.953148, 6.930245 ] }, { "date": "2026-07-10", "close": 7.000498, "volume": 622992, "typical_volume": 252435.95, "trend": 6.898896, "fair_value": 6.621765, "relative_strength": -6.722137, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 51.722928, "energy": 36.50868, "activity_lines": [ 7.011784, 6.99807, 6.960148, 6.937449 ] }, { "date": "2026-07-17", "close": 6.98, "volume": 307303, "typical_volume": 255748.55, "trend": 6.907939, "fair_value": 6.623812, "relative_strength": -5.40064, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 48.291949, "energy": 25.868029, "activity_lines": [ 7.002296, 6.996598, 6.965151, 6.942681 ] }, { "date": "2026-07-24", "close": 6.845, "volume": 292361, "typical_volume": 251871.95, "trend": 6.912482, "fair_value": 6.625216, "relative_strength": -6.586008, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 14.564978, "energy": 7.867539, "activity_lines": [ 6.949174, 6.971954, 6.957633, 6.938621 ] }, { "date": "2026-07-31", "close": 6.8, "volume": 265951, "typical_volume": 259521.2, "trend": 6.914875, "fair_value": 6.627385, "relative_strength": -8.02511, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -24.2477, "energy": 21.844249, "activity_lines": [ 6.892083, 6.939784, 6.946057, 6.931364 ] }, { "date": "2026-08-07", "close": 6.93, "volume": 248378, "typical_volume": 261869.65, "trend": 6.916726, "fair_value": 6.630945, "relative_strength": -9.281071, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -10.460069, "energy": 18.597998, "activity_lines": [ 6.8897, 6.933267, 6.947209, 6.93234 ] } ], "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." } } }