{ "ticker": { "uuid": "6a89c16f-fb3e-4a18-a99d-045241c89a15", "symbol": "BAMI", "name": "Banco BPM S.p.A.", "exchange": "MIL", "country": "IT", "assetType": "equity" }, "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.", "analysis": { "eligible": true, "as_of": "2026-08-07", "benchmark": "FTSEMIB.MI", "stage": 2, "stage_name": "Advancing", "phase": "2c", "phase_label": "Stage 2C \u00b7 Late advance", "transition": "stage_2_healthy", "transition_label": "Stage 2 trend intact", "confidence": 96.0, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Established expansion", "architecture_gate": "up", "architecture_direction": 89.831, "architecture_energy": 73.871, "architecture_maturity": 49.022, "architecture_confidence": 84.125, "architecture_tenure": "Established", "architecture": { "interpretation": { "headline": "The weekly architecture is expanding upward.", "body": "Trend and Activity show sustained positive alignment with constructive price acceptance. Directional energy remains positive; cooling within this regime can indicate that it is maturing." }, "scores": { "balance": 6.79, "rotation_up": 72.48, "upward_expansion": 87.67, "deceleration": 55.15, "rotation_down": 20.36, "downward_expansion": 12.0 }, "activity_lines": [ 16.108666, 15.730091, 14.783898, 14.021728 ], "activity_state": "Wide", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.833333 }, "latest_close": 17.004999, "trend_reference": 13.181927, "distance_from_trend": 0.290024, "trend_direction": "Improving", "fair_value": 8.038773, "distance_from_fair_value": 1.115372, "fair_value_direction": "Improving", "relative_strength": 16.924917, "relative_strength_direction": "Improving", "price_momentum": 0.379644, "excess_performance": 0.208753, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.290024, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.091381, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 1.115372, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.292152, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.169249, "read": "Leading" }, { "label": "Relative strength direction", "positive": true, "value": 0.155257, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.379644, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 7.835393, "read": "Demand-led" } ], "volume": { "latest": 32260858, "relative_activity": 1.354151, "balance": 7.835393, "dry_up": 0.938049, "accumulation_observations": 4, "distribution_observations": 0 }, "risk": { "range_context": 0.045009, "annualized_volatility": 0.347806, "from_high_reference": -0.025502, "from_low_reference": 0.619254 }, "levels": { "trend_reference": 13.181927, "fair_value_reference": 8.038773, "structural_low": 10.50175, "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 43, "median_return": 0.067281, "positive_rate": 0.72093, "directional_follow_through": 0.72093, "median_excess_return": 0.024687, "regime_survival": 0.837209, "best_return": 0.180039, "worst_return": -0.280484, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 14, "median_return": 0.10438, "positive_rate": 0.785714, "directional_follow_through": 0.785714, "median_excess_return": 0.065174, "regime_survival": 0.714286, "best_return": 0.369055, "worst_return": -0.124759, "sufficient": true }, { "horizon": "Extended", "sample_count": 8, "median_return": 0.243576, "positive_rate": 0.875, "directional_follow_through": 0.875, "median_excess_return": 0.162875, "regime_survival": 0.875, "best_return": 0.566964, "worst_return": -0.187813, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 4, "median_return": 0.379574, "positive_rate": 1.0, "directional_follow_through": 1.0, "median_excess_return": 0.225805, "regime_survival": 0.5, "best_return": 1.049661, "worst_return": 0.246955, "sufficient": false } ], "ledger": [ { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2023-09-29", "end": "2023-12-22", "tenure": "Established", "return": 0.050937, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2023-12-29", "end": "2024-02-23", "tenure": "Developing", "return": 0.142857, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-03-01", "end": "2024-06-21", "tenure": "Established", "return": 0.218643, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-06-28", "end": "2024-09-27", "tenure": "Established", "return": 0.035916, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-10-04", "end": "2024-11-15", "tenure": "Developing", "return": 0.192686, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-11-22", "end": "2025-04-11", "tenure": "Established", "return": 0.287176, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-04-18", "end": "2025-05-02", "tenure": "New", "return": 0.077404, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-05-09", "end": "2025-10-31", "tenure": "Established", "return": 0.333078, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-11-07", "end": "2025-11-14", "tenure": "New", "return": 0.034934, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-11-21", "end": "2026-01-30", "tenure": "Developing", "return": 0.049044, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-02-06", "end": "2026-03-13", "tenure": "Developing", "return": -0.109813, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2026-03-20", "end": "2026-04-10", "tenure": "New", "return": 0.127168, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-04-17", "end": "2026-05-08", "tenure": "New", "return": -0.00541, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-05-15", "end": "2026-08-07", "tenure": "Established", "return": 0.298587, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 3.25726, "volume": 32942731, "typical_volume": 61274468.1, "trend": 2.934338, "fair_value": 1.973496, "relative_strength": 15.972815, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 58.021229, "energy": 44.328179, "activity_lines": [ 3.262503, 3.244813, 3.122408, 3.025435 ] }, { "date": "2023-08-25", "close": 3.250519, "volume": 32245926, "typical_volume": 61304305.75, "trend": 2.947423, "fair_value": 1.988378, "relative_strength": 13.068493, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 45.146408, "energy": 34.566148, "activity_lines": [ 3.252816, 3.253951, 3.144869, 3.045834 ] }, { "date": "2023-09-01", "close": 3.275984, "volume": 42723527, "typical_volume": 61350103.85, "trend": 2.959752, "fair_value": 2.003484, "relative_strength": 11.53738, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 46.428392, "energy": 34.637119, "activity_lines": [ 3.256461, 3.26317, 3.16671, 3.067031 ] }, { "date": "2023-09-08", "close": 3.070766, "volume": 46533908, "typical_volume": 58320987.6, "trend": 2.96406, "fair_value": 2.01702, "relative_strength": 5.647974, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 35.63087, "energy": 22.290201, "activity_lines": [ 3.197392, 3.229793, 3.166306, 3.074194 ] }, { "date": "2023-09-15", "close": 3.22056, "volume": 64284470, "typical_volume": 57444717.4, "trend": 2.972086, "fair_value": 2.031893, "relative_strength": 7.882545, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 34.213571, "energy": 19.506686, "activity_lines": [ 3.198141, 3.225694, 3.179831, 3.090742 ] }, { "date": "2023-09-22", "close": 3.469217, "volume": 90866284, "typical_volume": 59480196.95, "trend": 2.993476, "fair_value": 2.048432, "relative_strength": 16.906559, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 66.77714, "energy": 36.624638, "activity_lines": [ 3.282874, 3.265743, 3.214843, 3.122815 ] }, { "date": "2023-09-29", "close": 3.396567, "volume": 84990543, "typical_volume": 58995535.8, "trend": 3.009589, "fair_value": 2.06362, "relative_strength": 15.213617, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 59.409935, "energy": 37.495948, "activity_lines": [ 3.32926, 3.289029, 3.239673, 3.148821 ] }, { "date": "2023-10-06", "close": 3.564336, "volume": 71378439, "typical_volume": 59771202.2, "trend": 3.033559, "fair_value": 2.079536, "relative_strength": 21.932106, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 73.194047, "energy": 64.411946, "activity_lines": [ 3.421832, 3.341484, 3.27822, 3.184611 ] }, { "date": "2023-10-13", "close": 3.559093, "volume": 80036806, "typical_volume": 61124221.4, "trend": 3.068806, "fair_value": 2.095474, "relative_strength": 19.223717, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 67.873876, "energy": 72.231344, "activity_lines": [ 3.493434, 3.389295, 3.3132, 3.218516 ] }, { "date": "2023-10-20", "close": 3.514155, "volume": 64893564, "typical_volume": 62270915.1, "trend": 3.105601, "fair_value": 2.111032, "relative_strength": 20.753724, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 60.711562, "energy": 65.221289, "activity_lines": [ 3.5175, 3.422754, 3.340577, 3.247249 ] }, { "date": "2023-10-27", "close": 3.507415, "volume": 51916036, "typical_volume": 62891112.15, "trend": 3.137402, "fair_value": 2.127077, "relative_strength": 20.129109, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 60.074308, "energy": 57.804536, "activity_lines": [ 3.519748, 3.449948, 3.364276, 3.273172 ] }, { "date": "2023-11-03", "close": 3.64897, "volume": 41973174, "typical_volume": 62101190.25, "trend": 3.172009, "fair_value": 2.143625, "relative_strength": 18.265177, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 69.595629, "energy": 56.128834, "activity_lines": [ 3.566633, 3.498332, 3.398315, 3.306176 ] }, { "date": "2023-11-10", "close": 3.809248, "volume": 75143875, "typical_volume": 63072662.3, "trend": 3.208677, "fair_value": 2.160598, "relative_strength": 23.218748, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 77.65362, "energy": 60.97091, "activity_lines": [ 3.650118, 3.568612, 3.44453, 3.347289 ] }, { "date": "2023-11-17", "close": 3.950054, "volume": 71084757, "typical_volume": 62087822.95, "trend": 3.240358, "fair_value": 2.177871, "relative_strength": 22.584951, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 80.903414, "energy": 76.490671, "activity_lines": [ 3.76421, 3.654798, 3.500232, 3.395119 ] }, { "date": "2023-11-24", "close": 3.81524, "volume": 49593700, "typical_volume": 62050419.75, "trend": 3.275534, "fair_value": 2.194623, "relative_strength": 17.956835, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 64.388357, "energy": 71.681315, "activity_lines": [ 3.807301, 3.700485, 3.539442, 3.432209 ] }, { "date": "2023-12-01", "close": 3.870664, "volume": 142105098, "typical_volume": 65783054.9, "trend": 3.311759, "fair_value": 2.21176, "relative_strength": 16.930751, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 67.176335, "energy": 70.523532, "activity_lines": [ 3.848794, 3.745436, 3.58082, 3.470604 ] }, { "date": "2023-12-08", "close": 3.736598, "volume": 57050043, "typical_volume": 65940692.5, "trend": 3.338922, "fair_value": 2.228344, "relative_strength": 10.510602, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.210699, "energy": 51.870345, "activity_lines": [ 3.821381, 3.758713, 3.606588, 3.498013 ] }, { "date": "2023-12-15", "close": 3.545613, "volume": 121975330, "typical_volume": 69471588.85, "trend": 3.359768, "fair_value": 2.243671, "relative_strength": 4.610946, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 45.97093, "energy": 31.871848, "activity_lines": [ 3.724466, 3.731084, 3.612199, 3.511348 ] }, { "date": "2023-12-22", "close": 3.569579, "volume": 65956567, "typical_volume": 69348132.75, "trend": 3.383386, "fair_value": 2.259061, "relative_strength": 5.073129, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 38.9463, "energy": 21.405139, "activity_lines": [ 3.653114, 3.708152, 3.619214, 3.524884 ] }, { "date": "2023-12-29", "close": 3.580814, "volume": 18392516, "typical_volume": 65304364.7, "trend": 3.406853, "fair_value": 2.27451, "relative_strength": 5.075719, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 31.969359, "energy": 23.515641, "activity_lines": [ 3.610872, 3.687072, 3.62563, 3.537621 ] }, { "date": "2024-01-05", "close": 3.860178, "volume": 55313248, "typical_volume": 66422890.55, "trend": 3.440607, "fair_value": 2.291202, "relative_strength": 12.472365, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 49.44481, "energy": 25.531543, "activity_lines": [ 3.67738, 3.715573, 3.657016, 3.566868 ] }, { "date": "2024-01-12", "close": 3.592797, "volume": 83235582, "typical_volume": 68972373.35, "trend": 3.460355, "fair_value": 2.306437, "relative_strength": 4.281123, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 32.484448, "energy": 15.749334, "activity_lines": [ 3.655461, 3.689046, 3.660065, 3.576687 ] }, { "date": "2024-01-19", "close": 3.669941, "volume": 75541717, "typical_volume": 70613282.85, "trend": 3.483173, "fair_value": 2.322372, "relative_strength": 6.883204, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 33.206952, "energy": 18.151993, "activity_lines": [ 3.668842, 3.677567, 3.668831, 3.590209 ] }, { "date": "2024-01-26", "close": 3.61227, "volume": 55637052, "typical_volume": 71068440.05, "trend": 3.497478, "fair_value": 2.338004, "relative_strength": 4.682877, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 22.876491, "energy": 14.557036, "activity_lines": [ 3.654712, 3.658134, 3.67023, 3.598537 ] }, { "date": "2024-02-02", "close": 3.758319, "volume": 69530079, "typical_volume": 71330720.5, "trend": 3.517351, "fair_value": 2.353669, "relative_strength": 7.449244, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 39.650549, "energy": 17.743217, "activity_lines": [ 3.686418, 3.671398, 3.682958, 3.615366 ] }, { "date": "2024-02-09", "close": 3.888639, "volume": 108124683, "typical_volume": 72193640.45, "trend": 3.537848, "fair_value": 2.369527, "relative_strength": 9.299479, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 61.583123, "energy": 33.052925, "activity_lines": [ 3.749731, 3.709391, 3.705538, 3.63932 ] }, { "date": "2024-02-16", "close": 3.681924, "volume": 127536015, "typical_volume": 74320914.05, "trend": 3.549806, "fair_value": 2.384146, "relative_strength": 1.462813, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 45.376144, "energy": 26.885813, "activity_lines": [ 3.742241, 3.709473, 3.706433, 3.648615 ] }, { "date": "2024-02-23", "close": 4.092359, "volume": 122972751, "typical_volume": 76900629.65, "trend": 3.574173, "fair_value": 2.401563, "relative_strength": 9.057926, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 72.714325, "energy": 60.091256, "activity_lines": [ 3.865621, 3.785173, 3.745059, 3.683619 ] }, { "date": "2024-03-01", "close": 4.084869, "volume": 87535960, "typical_volume": 77275587.35, "trend": 3.603033, "fair_value": 2.418599, "relative_strength": 7.739077, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 69.721843, "energy": 66.656711, "activity_lines": [ 3.958343, 3.84957, 3.780456, 3.716567 ] }, { "date": "2024-03-08", "close": 4.119321, "volume": 57075691, "typical_volume": 76884693.7, "trend": 3.632442, "fair_value": 2.435578, "relative_strength": 6.779632, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 69.942686, "energy": 69.55202, "activity_lines": [ 4.031043, 3.910863, 3.816631, 3.749876 ] }, { "date": "2024-03-15", "close": 4.267617, "volume": 85168637, "typical_volume": 78547323.75, "trend": 3.666121, "fair_value": 2.452864, "relative_strength": 8.378306, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 77.63334, "energy": 80.034987, "activity_lines": [ 4.129108, 3.989328, 3.864048, 3.790855 ] }, { "date": "2024-03-22", "close": 4.514776, "volume": 73533920, "typical_volume": 80125361.05, "trend": 3.708263, "fair_value": 2.471702, "relative_strength": 12.590303, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 84.778906, "energy": 86.156163, "activity_lines": [ 4.284294, 4.105322, 3.931384, 3.845607 ] }, { "date": "2024-03-29", "close": 4.619632, "volume": 46482381, "typical_volume": 78692286.35, "trend": 3.753051, "fair_value": 2.491178, "relative_strength": 13.136831, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 84.682403, "energy": 89.061412, "activity_lines": [ 4.418908, 4.223618, 4.004583, 3.904405 ] }, { "date": "2024-04-05", "close": 4.688536, "volume": 60983316, "typical_volume": 78187214.3, "trend": 3.806977, "fair_value": 2.51154, "relative_strength": 16.519864, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 82.051242, "energy": 91.842444, "activity_lines": [ 4.541339, 4.337175, 4.080485, 3.964758 ] }, { "date": "2024-04-12", "close": 4.556719, "volume": 75686494, "typical_volume": 79491854.0, "trend": 3.851515, "fair_value": 2.530879, "relative_strength": 13.376568, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 67.516083, "energy": 86.125736, "activity_lines": [ 4.579587, 4.407197, 4.140317, 4.013129 ] }, { "date": "2024-04-19", "close": 4.785902, "volume": 96253473, "typical_volume": 77199272.75, "trend": 3.895405, "fair_value": 2.551938, "relative_strength": 17.896194, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 78.769008, "energy": 88.408342, "activity_lines": [ 4.665069, 4.504372, 4.218445, 4.073412 ] }, { "date": "2024-04-26", "close": 5.102774, "volume": 86191839, "typical_volume": 78656362.55, "trend": 3.952278, "fair_value": 2.574556, "relative_strength": 23.563848, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 88.626082, "energy": 91.225713, "activity_lines": [ 4.821623, 4.642847, 4.322393, 4.151307 ] }, { "date": "2024-05-03", "close": 5.020682, "volume": 56488144, "typical_volume": 75382003.25, "trend": 4.000823, "fair_value": 2.59626, "relative_strength": 22.889949, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 77.442654, "energy": 83.957951, "activity_lines": [ 4.911612, 4.740561, 4.412017, 4.220236 ] }, { "date": "2024-05-10", "close": 5.112625, "volume": 78179238, "typical_volume": 75993136.8, "trend": 4.052608, "fair_value": 2.617646, "relative_strength": 20.651526, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 77.197396, "energy": 84.157255, "activity_lines": [ 5.005513, 4.838115, 4.503374, 4.291965 ] }, { "date": "2024-05-17", "close": 5.516511, "volume": 80133690, "typical_volume": 79080195.5, "trend": 4.119353, "fair_value": 2.641361, "relative_strength": 26.4649, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 89.821696, "energy": 92.489708, "activity_lines": [ 5.20577, 4.990415, 4.625848, 4.386411 ] }, { "date": "2024-05-24", "close": 5.319493, "volume": 43570466, "typical_volume": 78493056.4, "trend": 4.179755, "fair_value": 2.663086, "relative_strength": 24.244938, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 73.179882, "energy": 84.612021, "activity_lines": [ 5.276368, 5.081491, 4.720341, 4.463839 ] }, { "date": "2024-05-31", "close": 5.421287, "volume": 41987611, "typical_volume": 76430657.85, "trend": 4.238833, "fair_value": 2.685084, "relative_strength": 25.628273, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 75.960207, "energy": 81.315286, "activity_lines": [ 5.345325, 5.171949, 4.817579, 4.543938 ] }, { "date": "2024-06-07", "close": 5.340837, "volume": 32219317, "typical_volume": 74264537.85, "trend": 4.289886, "fair_value": 2.706421, "relative_strength": 22.238626, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.514211, "energy": 66.624108, "activity_lines": [ 5.366231, 5.231298, 4.898448, 4.615035 ] }, { "date": "2024-06-14", "close": 4.826948, "volume": 57012562, "typical_volume": 74333313.35, "trend": 4.319115, "fair_value": 2.725192, "relative_strength": 16.511821, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.940356, "energy": 52.998609, "activity_lines": [ 5.194496, 5.1841, 4.922419, 4.649684 ] }, { "date": "2024-06-21", "close": 4.977995, "volume": 44616124, "typical_volume": 73087615.6, "trend": 4.357874, "fair_value": 2.745009, "relative_strength": 17.12897, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 47.072755, "energy": 38.485019, "activity_lines": [ 5.092156, 5.161849, 4.954991, 4.692192 ] }, { "date": "2024-06-28", "close": 4.93695, "volume": 26536419, "typical_volume": 69008202.4, "trend": 4.393417, "fair_value": 2.765086, "relative_strength": 16.073735, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 39.208921, "energy": 25.718134, "activity_lines": [ 5.012036, 5.124475, 4.977846, 4.729552 ] }, { "date": "2024-07-05", "close": 5.166804, "volume": 32186909, "typical_volume": 64240747.1, "trend": 4.44109, "fair_value": 2.786713, "relative_strength": 17.82268, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 39.718345, "energy": 27.005245, "activity_lines": [ 5.034036, 5.126147, 5.0176, 4.779448 ] }, { "date": "2024-07-12", "close": 5.104415, "volume": 38175371, "typical_volume": 60000878.1, "trend": 4.49305, "fair_value": 2.808489, "relative_strength": 13.837344, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 36.86479, "energy": 22.929481, "activity_lines": [ 5.052205, 5.115311, 5.044341, 4.822243 ] }, { "date": "2024-07-19", "close": 5.2177, "volume": 23406076, "typical_volume": 56794383.9, "trend": 4.547988, "fair_value": 2.830749, "relative_strength": 16.957666, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 56.715357, "energy": 33.813816, "activity_lines": [ 5.123898, 5.12355, 5.077052, 4.868995 ] }, { "date": "2024-07-26", "close": 5.255463, "volume": 30908485, "typical_volume": 55486023.6, "trend": 4.603809, "fair_value": 2.853647, "relative_strength": 18.486681, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 59.051359, "energy": 39.851221, "activity_lines": [ 5.182128, 5.136744, 5.107965, 4.914638 ] }, { "date": "2024-08-02", "close": 4.80232, "volume": 36093912, "typical_volume": 53032287.35, "trend": 4.635214, "fair_value": 2.872772, "relative_strength": 13.710296, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 17.347465, "energy": 15.022406, "activity_lines": [ 5.070812, 5.072295, 5.090311, 4.927445 ] }, { "date": "2024-08-09", "close": 4.759633, "volume": 49295254, "typical_volume": 51820354.05, "trend": 4.674109, "fair_value": 2.891406, "relative_strength": 12.959003, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 5.53485, "energy": 6.936301, "activity_lines": [ 4.954243, 5.009488, 5.066046, 4.935472 ] }, { "date": "2024-08-16", "close": 4.890979, "volume": 23177560, "typical_volume": 50655113.0, "trend": 4.71481, "fair_value": 2.911443, "relative_strength": 11.158219, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 8.853574, "energy": 14.080247, "activity_lines": [ 4.908601, 4.982592, 5.053124, 4.949464 ] }, { "date": "2024-08-23", "close": 4.994413, "volume": 28924881, "typical_volume": 49052191.25, "trend": 4.760881, "fair_value": 2.93154, "relative_strength": 10.923067, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 8.308999, "energy": 16.919452, "activity_lines": [ 4.911666, 4.982682, 5.048761, 4.967503 ] }, { "date": "2024-08-30", "close": 5.043668, "volume": 26205966, "typical_volume": 46578164.85, "trend": 4.803726, "fair_value": 2.952066, "relative_strength": 9.152739, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 10.087868, "energy": 11.331778, "activity_lines": [ 4.946034, 4.988682, 5.047632, 4.985747 ] }, { "date": "2024-09-06", "close": 4.848291, "volume": 33517231, "typical_volume": 43441352.75, "trend": 4.835715, "fair_value": 2.97166, "relative_strength": 7.766276, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 1.685654, "energy": 5.032512, "activity_lines": [ 4.929397, 4.957965, 5.025577, 4.988622 ] }, { "date": "2024-09-13", "close": 4.91889, "volume": 41903790, "typical_volume": 41226950.3, "trend": 4.876947, "fair_value": 2.991758, "relative_strength": 7.894722, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 7.175847, "energy": 5.333507, "activity_lines": [ 4.933228, 4.941696, 5.009948, 4.993989 ] }, { "date": "2024-09-20", "close": 5.015757, "volume": 53456500, "typical_volume": 41075368.1, "trend": 4.907727, "fair_value": 3.012527, "relative_strength": 8.968241, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 22.129551, "energy": 9.631442, "activity_lines": [ 4.958731, 4.947547, 5.004421, 5.002944 ] }, { "date": "2024-09-27", "close": 5.114266, "volume": 46806240, "typical_volume": 39506718.2, "trend": 4.94204, "fair_value": 3.033788, "relative_strength": 7.610907, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 25.346146, "energy": 11.256279, "activity_lines": [ 5.008752, 4.97292, 5.008298, 5.016269 ] }, { "date": "2024-10-04", "close": 4.848291, "volume": 54617817, "typical_volume": 38230924.55, "trend": 4.966339, "fair_value": 3.052832, "relative_strength": 5.216123, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -12.298564, "energy": 6.345373, "activity_lines": [ 4.962124, 4.951815, 4.986837, 5.010221 ] }, { "date": "2024-10-11", "close": 5.060086, "volume": 45749979, "typical_volume": 38339900.2, "trend": 4.992755, "fair_value": 3.073158, "relative_strength": 7.20473, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 4.015726, "energy": 5.271844, "activity_lines": [ 4.99912, 4.976622, 4.988729, 5.016269 ] }, { "date": "2024-10-18", "close": 5.255463, "volume": 53141489, "typical_volume": 38897594.1, "trend": 5.017444, "fair_value": 3.094263, "relative_strength": 8.195131, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 29.703964, "energy": 21.087426, "activity_lines": [ 5.087121, 5.032265, 5.010464, 5.033218 ] }, { "date": "2024-10-25", "close": 4.997697, "volume": 35781086, "typical_volume": 39075682.55, "trend": 5.030047, "fair_value": 3.114861, "relative_strength": 3.934944, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 14.116497, "energy": 11.52428, "activity_lines": [ 5.066763, 5.032026, 5.008439, 5.031944 ] }, { "date": "2024-11-01", "close": 5.216059, "volume": 33523472, "typical_volume": 37901228.05, "trend": 5.047631, "fair_value": 3.135948, "relative_strength": 8.439503, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 18.944304, "energy": 24.031101, "activity_lines": [ 5.120396, 5.069549, 5.028845, 5.043945 ] }, { "date": "2024-11-08", "close": 5.513227, "volume": 103956946, "typical_volume": 40868269.15, "trend": 5.079514, "fair_value": 3.159417, "relative_strength": 17.05198, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 43.433504, "energy": 50.665498, "activity_lines": [ 5.266298, 5.157073, 5.075699, 5.073983 ] }, { "date": "2024-11-15", "close": 5.782487, "volume": 90397202, "typical_volume": 44061308.3, "trend": 5.112734, "fair_value": 3.185217, "relative_strength": 20.834788, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 81.590587, "energy": 74.894804, "activity_lines": [ 5.457625, 5.285015, 5.145648, 5.119336 ] }, { "date": "2024-11-22", "close": 5.782486, "volume": 67059689, "typical_volume": 45804947.3, "trend": 5.135391, "fair_value": 3.211936, "relative_strength": 22.624576, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 76.711769, "energy": 80.053449, "activity_lines": [ 5.600792, 5.395972, 5.211571, 5.162546 ] }, { "date": "2024-11-29", "close": 6.269873, "volume": 152981292, "typical_volume": 51545243.35, "trend": 5.17703, "fair_value": 3.241281, "relative_strength": 32.22547, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 87.940931, "energy": 90.540225, "activity_lines": [ 5.871286, 5.579843, 5.32098, 5.235738 ] }, { "date": "2024-12-06", "close": 6.536194, "volume": 76336197, "typical_volume": 54191749.4, "trend": 5.224483, "fair_value": 3.272168, "relative_strength": 31.385635, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 90.676524, "energy": 95.535438, "activity_lines": [ 6.145741, 5.789334, 5.450203, 5.323426 ] }, { "date": "2024-12-13", "close": 6.828626, "volume": 75496883, "typical_volume": 56421169.3, "trend": 5.26822, "fair_value": 3.304988, "relative_strength": 35.281529, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 91.481819, "energy": 96.350652, "activity_lines": [ 6.429666, 6.026142, 5.600998, 5.42692 ] }, { "date": "2024-12-20", "close": 6.687632, "volume": 74449167, "typical_volume": 58338932.05, "trend": 5.313825, "fair_value": 3.336909, "relative_strength": 35.446151, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 76.829074, "energy": 91.284284, "activity_lines": [ 6.578899, 6.201307, 5.730874, 5.518495 ] }, { "date": "2024-12-27", "close": 6.816441, "volume": 9958668, "typical_volume": 56372102.75, "trend": 5.36033, "fair_value": 3.369362, "relative_strength": 35.010436, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 76.796631, "energy": 91.064559, "activity_lines": [ 6.710725, 6.370301, 5.86404, 5.615438 ] }, { "date": "2025-01-03", "close": 6.696335, "volume": 14864650, "typical_volume": 55956457.25, "trend": 5.405513, "fair_value": 3.400253, "relative_strength": 31.571613, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 68.124438, "energy": 85.852887, "activity_lines": [ 6.733585, 6.489076, 5.975973, 5.701631 ] }, { "date": "2025-01-10", "close": 6.934806, "volume": 42813992, "typical_volume": 56650912.8, "trend": 5.475775, "fair_value": 3.432519, "relative_strength": 31.173156, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 76.550436, "energy": 73.110278, "activity_lines": [ 6.807506, 6.620326, 6.10202, 5.800295 ] }, { "date": "2025-01-17", "close": 7.244645, "volume": 45183296, "typical_volume": 57599779.3, "trend": 5.55133, "fair_value": 3.467134, "relative_strength": 31.266479, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 85.301926, "energy": 76.060361, "activity_lines": [ 6.958131, 6.776659, 6.248336, 5.914416 ] }, { "date": "2025-01-24", "close": 7.326455, "volume": 53132984, "typical_volume": 58580566.95, "trend": 5.63098, "fair_value": 3.502767, "relative_strength": 31.606157, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 81.761067, "energy": 71.814395, "activity_lines": [ 7.108292, 6.916387, 6.391962, 6.02894 ] }, { "date": "2025-01-31", "close": 7.415229, "volume": 38604388, "typical_volume": 58415596.85, "trend": 5.705928, "fair_value": 3.537993, "relative_strength": 30.885882, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 79.082645, "energy": 74.994484, "activity_lines": [ 7.245456, 7.044183, 6.532242, 6.144053 ] }, { "date": "2025-02-07", "close": 7.869543, "volume": 54067172, "typical_volume": 58446130.45, "trend": 5.798098, "fair_value": 3.573317, "relative_strength": 35.249764, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 88.983288, "energy": 89.99582, "activity_lines": [ 7.494139, 7.224896, 6.703903, 6.283641 ] }, { "date": "2025-02-14", "close": 7.62411, "volume": 114633329, "typical_volume": 61837484.9, "trend": 5.878312, "fair_value": 3.606928, "relative_strength": 26.537621, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 71.931277, "energy": 73.184609, "activity_lines": [ 7.582798, 7.331899, 6.8386, 6.401448 ] }, { "date": "2025-02-21", "close": 7.916541, "volume": 58236607, "typical_volume": 62018424.4, "trend": 5.967015, "fair_value": 3.644257, "relative_strength": 28.614867, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 80.908298, "energy": 72.446122, "activity_lines": [ 7.722979, 7.472292, 6.989196, 6.532947 ] }, { "date": "2025-02-28", "close": 8.372595, "volume": 54506075, "typical_volume": 62456229.2, "trend": 6.086024, "fair_value": 3.687583, "relative_strength": 33.714877, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 90.175432, "energy": 83.937945, "activity_lines": [ 7.970386, 7.675823, 7.168615, 6.688146 ] }, { "date": "2025-03-07", "close": 8.581474, "volume": 62560710, "typical_volume": 62927190.25, "trend": 6.213419, "fair_value": 3.731713, "relative_strength": 35.675688, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 88.290529, "energy": 75.956247, "activity_lines": [ 8.217676, 7.886696, 7.352153, 6.849143 ] }, { "date": "2025-03-14", "close": 8.658064, "volume": 44039449, "typical_volume": 63340108.4, "trend": 6.338988, "fair_value": 3.775592, "relative_strength": 35.109525, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 83.108752, "energy": 85.038485, "activity_lines": [ 8.412746, 8.079404, 7.527148, 7.006862 ] }, { "date": "2025-03-21", "close": 8.829519, "volume": 57307920, "typical_volume": 64529330.8, "trend": 6.466825, "fair_value": 3.820613, "relative_strength": 34.957216, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 81.938985, "energy": 88.15533, "activity_lines": [ 8.6124, 8.267617, 7.701041, 7.167541 ] }, { "date": "2025-03-28", "close": 8.346485, "volume": 67173014, "typical_volume": 62690134.2, "trend": 6.576919, "fair_value": 3.862563, "relative_strength": 27.346513, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.771847, "energy": 67.152533, "activity_lines": [ 8.570682, 8.333557, 7.811724, 7.288809 ] }, { "date": "2025-04-04", "close": 7.222016, "volume": 78554429, "typical_volume": 62097995.55, "trend": 6.656043, "fair_value": 3.896018, "relative_strength": 22.216362, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 45.308868, "energy": 43.776514, "activity_lines": [ 8.125479, 8.175014, 7.801823, 7.330429 ] }, { "date": "2025-04-11", "close": 7.44308, "volume": 88837883, "typical_volume": 63186905.25, "trend": 6.740183, "fair_value": 3.9307, "relative_strength": 27.055801, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 38.701237, "energy": 23.792335, "activity_lines": [ 7.830668, 8.058563, 7.806121, 7.381205 ] }, { "date": "2025-04-18", "close": 8.0732, "volume": 50494384, "typical_volume": 58062559.85, "trend": 6.842097, "fair_value": 3.968512, "relative_strength": 29.133994, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 34.279348, "energy": 26.09628, "activity_lines": [ 7.82179, 8.056174, 7.862522, 7.467206 ] }, { "date": "2025-04-25", "close": 8.475294, "volume": 43486463, "typical_volume": 56420073.15, "trend": 6.954132, "fair_value": 4.009097, "relative_strength": 29.48313, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 46.712807, "energy": 27.668603, "activity_lines": [ 7.985935, 8.123189, 7.948631, 7.572574 ] }, { "date": "2025-05-02", "close": 8.6981, "volume": 38772068, "typical_volume": 54583832.4, "trend": 7.082459, "fair_value": 4.051751, "relative_strength": 28.395454, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 65.511589, "energy": 38.288382, "activity_lines": [ 8.247963, 8.215239, 8.046726, 7.685088 ] }, { "date": "2025-05-09", "close": 8.742486, "volume": 54963448, "typical_volume": 53609546.45, "trend": 7.205205, "fair_value": 4.094558, "relative_strength": 24.624382, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.922613, "energy": 48.507723, "activity_lines": [ 8.501346, 8.301149, 8.140146, 7.792186 ] }, { "date": "2025-05-16", "close": 8.899147, "volume": 49506706, "typical_volume": 55586948.35, "trend": 7.326662, "fair_value": 4.138073, "relative_strength": 22.014629, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 69.176165, "energy": 66.178504, "activity_lines": [ 8.705584, 8.408817, 8.238701, 7.901473 ] }, { "date": "2025-05-23", "close": 9.060948, "volume": 38385376, "typical_volume": 56762984.65, "trend": 7.462103, "fair_value": 4.181618, "relative_strength": 26.925173, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 70.936956, "energy": 70.728239, "activity_lines": [ 8.866685, 8.540127, 8.342747, 8.013362 ] }, { "date": "2025-05-30", "close": 9.347569, "volume": 43978415, "typical_volume": 56821205.8, "trend": 7.59982, "fair_value": 4.227236, "relative_strength": 27.907294, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 75.109278, "energy": 75.138991, "activity_lines": [ 9.057477, 8.716226, 8.462831, 8.135005 ] }, { "date": "2025-06-06", "close": 9.55098, "volume": 33869929, "typical_volume": 56255537.45, "trend": 7.734412, "fair_value": 4.27607, "relative_strength": 27.937901, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 76.632433, "energy": 76.76847, "activity_lines": [ 9.25792, 8.919889, 8.590799, 8.260887 ] }, { "date": "2025-06-13", "close": 9.1682, "volume": 29383084, "typical_volume": 55068042.45, "trend": 7.847269, "fair_value": 4.322523, "relative_strength": 25.321835, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.739306, "energy": 61.712061, "activity_lines": [ 9.273911, 9.032056, 8.671328, 8.353389 ] }, { "date": "2025-06-20", "close": 9.088686, "volume": 38278165, "typical_volume": 55051731.3, "trend": 7.957476, "fair_value": 4.367739, "relative_strength": 23.838008, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 60.968089, "energy": 49.223689, "activity_lines": [ 9.235017, 9.094381, 8.735514, 8.433481 ] }, { "date": "2025-06-27", "close": 9.223676, "volume": 21187000, "typical_volume": 53407722.7, "trend": 8.055936, "fair_value": 4.414824, "relative_strength": 23.009566, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 58.050568, "energy": 44.666576, "activity_lines": [ 9.228484, 9.151329, 8.804588, 8.515171 ] }, { "date": "2025-07-04", "close": 9.250489, "volume": 23628919, "typical_volume": 48857502.2, "trend": 8.146412, "fair_value": 4.462354, "relative_strength": 22.721971, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 58.285489, "energy": 42.092988, "activity_lines": [ 9.220039, 9.192234, 8.869767, 8.592239 ] }, { "date": "2025-07-11", "close": 9.26898, "volume": 47737182, "typical_volume": 48332530.95, "trend": 8.227758, "fair_value": 4.511255, "relative_strength": 20.548648, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 58.811564, "energy": 41.480106, "activity_lines": [ 9.22423, 9.222407, 8.928963, 8.664663 ] }, { "date": "2025-07-18", "close": 9.58334, "volume": 28028248, "typical_volume": 47008639.6, "trend": 8.324281, "fair_value": 4.562035, "relative_strength": 22.863866, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 70.027858, "energy": 52.319767, "activity_lines": [ 9.352008, 9.299357, 9.011657, 8.752119 ] }, { "date": "2025-07-25", "close": 9.541733, "volume": 48853029, "typical_volume": 46323255.55, "trend": 8.415124, "fair_value": 4.611767, "relative_strength": 20.145226, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.761132, "energy": 57.555757, "activity_lines": [ 9.438241, 9.353454, 9.084623, 8.830665 ] }, { "date": "2025-08-01", "close": 10.04101, "volume": 37882451, "typical_volume": 46015405.65, "trend": 8.526613, "fair_value": 4.664074, "relative_strength": 27.634036, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 80.15104, "energy": 70.407988, "activity_lines": [ 9.660697, 9.486645, 9.200567, 8.935561 ] }, { "date": "2025-08-08", "close": 10.688221, "volume": 30951448, "typical_volume": 44697582.05, "trend": 8.651727, "fair_value": 4.720306, "relative_strength": 29.02586, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 90.561615, "energy": 88.487763, "activity_lines": [ 10.0444, 9.719691, 9.371565, 9.075019 ] }, { "date": "2025-08-15", "close": 11.044187, "volume": 18404647, "typical_volume": 42259163.7, "trend": 8.778379, "fair_value": 4.779588, "relative_strength": 28.724137, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 90.942925, "energy": 94.838109, "activity_lines": [ 10.45091, 9.993083, 9.567613, 9.229371 ] }, { "date": "2025-08-22", "close": 11.155137, "volume": 19368172, "typical_volume": 39299850.85, "trend": 8.906001, "fair_value": 4.840371, "relative_strength": 26.725645, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 86.032457, "energy": 94.353521, "activity_lines": [ 10.776057, 10.259498, 9.761381, 9.382711 ] }, { "date": "2025-08-29", "close": 10.840777, "volume": 21709092, "typical_volume": 35943411.3, "trend": 9.020186, "fair_value": 4.898195, "relative_strength": 25.10157, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.098848, "energy": 87.90341, "activity_lines": [ 10.89163, 10.432631, 9.906482, 9.507535 ] }, { "date": "2025-09-05", "close": 10.628122, "volume": 19183972, "typical_volume": 34377890.7, "trend": 9.112139, "fair_value": 4.95411, "relative_strength": 23.11493, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.263365, "energy": 83.372503, "activity_lines": [ 10.849715, 10.535244, 10.01515, 9.611273 ] }, { "date": "2025-09-12", "close": 11.612808, "volume": 37908539, "typical_volume": 34098994.5, "trend": 9.245095, "fair_value": 5.01543, "relative_strength": 29.972507, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 85.69189, "energy": 76.7274, "activity_lines": [ 11.096888, 10.791354, 10.205431, 9.772606 ] }, { "date": "2025-09-19", "close": 11.719135, "volume": 51471783, "typical_volume": 34733980.25, "trend": 9.371849, "fair_value": 5.077898, "relative_strength": 30.415669, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 82.195417, "energy": 71.02359, "activity_lines": [ 11.317864, 11.023846, 10.390898, 9.932222 ] }, { "date": "2025-09-26", "close": 12.001133, "volume": 40353976, "typical_volume": 34003506.65, "trend": 9.4928, "fair_value": 5.142597, "relative_strength": 30.917659, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 82.510369, "energy": 71.750324, "activity_lines": [ 11.587843, 11.263061, 10.588836, 10.101853 ] }, { "date": "2025-10-03", "close": 11.848577, "volume": 35485364, "typical_volume": 33302439.55, "trend": 9.601703, "fair_value": 5.20645, "relative_strength": 25.964488, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 70.61829, "energy": 76.076486, "activity_lines": [ 11.750571, 11.43058, 10.756728, 10.253839 ] }, { "date": "2025-10-10", "close": 11.709889, "volume": 39182437, "typical_volume": 33342292.6, "trend": 9.703431, "fair_value": 5.268859, "relative_strength": 26.605695, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.067708, "energy": 70.036304, "activity_lines": [ 11.799882, 11.530939, 10.897367, 10.389851 ] }, { "date": "2025-10-17", "close": 11.104285, "volume": 35078727, "typical_volume": 32897308.2, "trend": 9.779256, "fair_value": 5.32701, "relative_strength": 19.671488, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.733587, "energy": 58.25783, "activity_lines": [ 11.575208, 11.490846, 10.967714, 10.480228 ] }, { "date": "2025-10-24", "close": 11.266088, "volume": 27236005, "typical_volume": 32565612.0, "trend": 9.876576, "fair_value": 5.385335, "relative_strength": 18.090714, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 49.491193, "energy": 43.593831, "activity_lines": [ 11.438369, 11.472607, 11.045107, 10.576153 ] }, { "date": "2025-10-31", "close": 11.654413, "volume": 29227651, "typical_volume": 32557840.35, "trend": 10.024323, "fair_value": 5.445704, "relative_strength": 18.996489, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 53.538966, "energy": 41.197907, "activity_lines": [ 11.461175, 11.520937, 11.151315, 10.690852 ] }, { "date": "2025-11-07", "close": 11.645168, "volume": 29016060, "typical_volume": 32094735.1, "trend": 10.164393, "fair_value": 5.506391, "relative_strength": 18.525844, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 50.321975, "energy": 37.506118, "activity_lines": [ 11.504014, 11.558509, 11.244804, 10.795423 ] }, { "date": "2025-11-14", "close": 12.051986, "volume": 51872415, "typical_volume": 33629005.85, "trend": 10.297019, "fair_value": 5.568891, "relative_strength": 18.619099, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 72.806745, "energy": 51.600241, "activity_lines": [ 11.69602, 11.655422, 11.364864, 10.917203 ] }, { "date": "2025-11-21", "close": 11.548086, "volume": 33340687, "typical_volume": 34114594.25, "trend": 10.399445, "fair_value": 5.627794, "relative_strength": 16.261678, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 57.381682, "energy": 44.548322, "activity_lines": [ 11.697253, 11.634829, 11.423465, 10.997917 ] }, { "date": "2025-11-28", "close": 11.917664, "volume": 29305854, "typical_volume": 33193027.85, "trend": 10.506764, "fair_value": 5.68961, "relative_strength": 17.214577, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.845368, "energy": 47.193008, "activity_lines": [ 11.792091, 11.682609, 11.506323, 11.095866 ] }, { "date": "2025-12-05", "close": 11.509688, "volume": 24280379, "typical_volume": 33005634.4, "trend": 10.599004, "fair_value": 5.749147, "relative_strength": 12.295672, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 55.467018, "energy": 38.947191, "activity_lines": [ 11.7075, 11.652601, 11.537714, 11.160571 ] }, { "date": "2025-12-12", "close": 11.879266, "volume": 20535147, "typical_volume": 31589740.3, "trend": 10.698341, "fair_value": 5.810549, "relative_strength": 14.961813, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 59.067482, "energy": 37.064442, "activity_lines": [ 11.755749, 11.698725, 11.595129, 11.243169 ] }, { "date": "2025-12-19", "close": 12.407233, "volume": 37143829, "typical_volume": 31552809.2, "trend": 10.809884, "fair_value": 5.874768, "relative_strength": 15.990515, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 73.74019, "energy": 48.093116, "activity_lines": [ 11.96438, 11.840285, 11.691696, 11.35342 ] }, { "date": "2025-12-26", "close": 12.335238, "volume": 6041103, "typical_volume": 30307291.95, "trend": 10.909473, "fair_value": 5.938703, "relative_strength": 14.99539, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 68.042513, "energy": 50.432122, "activity_lines": [ 12.125331, 11.956076, 11.770138, 11.45183 ] }, { "date": "2026-01-02", "close": 12.666417, "volume": 14040417, "typical_volume": 30089080.45, "trend": 11.013321, "fair_value": 6.003366, "relative_strength": 15.321805, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 76.826305, "energy": 74.399531, "activity_lines": [ 12.344197, 12.109701, 11.872279, 11.565181 ] }, { "date": "2026-01-09", "close": 12.152849, "volume": 29697695, "typical_volume": 30605556.6, "trend": 11.112809, "fair_value": 6.064547, "relative_strength": 9.219415, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 61.245239, "energy": 63.721994, "activity_lines": [ 12.341957, 12.144489, 11.917783, 11.638699 ] }, { "date": "2026-01-16", "close": 12.234444, "volume": 35720078, "typical_volume": 31306105.9, "trend": 11.217668, "fair_value": 6.125629, "relative_strength": 9.177042, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 59.863196, "energy": 51.84643, "activity_lines": [ 12.324038, 12.185049, 11.966307, 11.711062 ] }, { "date": "2026-01-23", "close": 11.908064, "volume": 22137523, "typical_volume": 31453783.45, "trend": 11.307148, "fair_value": 6.183643, "relative_strength": 8.022082, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 53.695011, "energy": 36.096119, "activity_lines": [ 12.173648, 12.155554, 11.97711, 11.755604 ] }, { "date": "2026-01-30", "close": 12.114451, "volume": 23382641, "typical_volume": 30727488.55, "trend": 11.402613, "fair_value": 6.24267, "relative_strength": 7.687928, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 38.600993, "energy": 22.576573, "activity_lines": [ 12.125331, 12.166201, 12.001475, 11.807688 ] }, { "date": "2026-02-06", "close": 12.325639, "volume": 45132596, "typical_volume": 30410529.2, "trend": 11.504502, "fair_value": 6.302825, "relative_strength": 8.25502, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 43.45582, "energy": 23.922045, "activity_lines": [ 12.162129, 12.204948, 12.043564, 11.867238 ] }, { "date": "2026-02-13", "close": 11.279303, "volume": 39815855, "typical_volume": 30383623.15, "trend": 11.561034, "fair_value": 6.356027, "relative_strength": -0.329354, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 5.616388, "energy": 10.512885, "activity_lines": [ 11.872866, 12.046034, 11.983114, 11.852709 ] }, { "date": "2026-02-20", "close": 12.373635, "volume": 37202814, "typical_volume": 30469495.65, "trend": 11.65543, "fair_value": 6.41722, "relative_strength": 6.394678, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 41.295355, "energy": 17.497537, "activity_lines": [ 12.006618, 12.090278, 12.030323, 11.905135 ] }, { "date": "2026-02-27", "close": 12.032856, "volume": 33586678, "typical_volume": 30189707.7, "trend": 11.721825, "fair_value": 6.475679, "relative_strength": 1.550558, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 29.640941, "energy": 12.865854, "activity_lines": [ 12.017497, 12.063574, 12.042577, 11.929485 ] }, { "date": "2026-03-06", "close": 11.00092, "volume": 39563769, "typical_volume": 30413959.8, "trend": 11.732249, "fair_value": 6.52796, "relative_strength": -0.93157, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -28.778033, "energy": 23.429247, "activity_lines": [ 11.676078, 11.856053, 11.955014, 11.882975 ] }, { "date": "2026-03-13", "close": 10.972122, "volume": 33067000, "typical_volume": 30705509.55, "trend": 11.729846, "fair_value": 6.582257, "relative_strength": -1.736111, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -27.589628, "energy": 38.362521, "activity_lines": [ 11.399295, 11.667555, 11.8652, 11.833935 ] }, { "date": "2026-03-20", "close": 10.794533, "volume": 43932849, "typical_volume": 31440769.45, "trend": 11.717826, "fair_value": 6.636002, "relative_strength": -0.192246, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -42.121912, "energy": 55.96198, "activity_lines": [ 11.153551, 11.477574, 11.759872, 11.773592 ] }, { "date": "2026-03-27", "close": 11.207308, "volume": 37685719, "typical_volume": 31874252.4, "trend": 11.730044, "fair_value": 6.691476, "relative_strength": 2.005771, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -29.395476, "energy": 52.829683, "activity_lines": [ 11.077716, 11.38734, 11.697951, 11.740655 ] }, { "date": "2026-04-03", "close": 11.567286, "volume": 26709527, "typical_volume": 30616108.0, "trend": 11.761349, "fair_value": 6.74889, "relative_strength": -0.242152, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -53.907972, "energy": 46.510086, "activity_lines": [ 11.199628, 11.381231, 11.672399, 11.730155 ] }, { "date": "2026-04-10", "close": 12.167248, "volume": 27875727, "typical_volume": 30342860.0, "trend": 11.779831, "fair_value": 6.809518, "relative_strength": 0.279709, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -23.72663, "energy": 13.59924, "activity_lines": [ 11.552566, 11.490403, 11.706294, 11.756342 ] }, { "date": "2026-04-17", "close": 12.94, "volume": 60892191, "typical_volume": 31922176.85, "trend": 11.820526, "fair_value": 6.873239, "relative_strength": 3.582967, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 26.808782, "energy": 23.515131, "activity_lines": [ 12.085333, 11.739115, 11.810836, 11.831191 ] }, { "date": "2026-04-24", "close": 12.18, "volume": 29187070, "typical_volume": 32167511.4, "trend": 11.826489, "fair_value": 6.933624, "relative_strength": -0.234114, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 38.687601, "energy": 31.240899, "activity_lines": [ 12.233575, 11.838474, 11.838129, 11.854383 ] }, { "date": "2026-05-01", "close": 12.385, "volume": 19815265, "typical_volume": 32131517.3, "trend": 11.844369, "fair_value": 6.995169, "relative_strength": -0.018945, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 44.100264, "energy": 35.107675, "activity_lines": [ 12.357785, 11.958731, 11.881753, 11.890416 ] }, { "date": "2026-05-08", "close": 12.87, "volume": 36503971, "typical_volume": 32099524.4, "trend": 11.88304, "fair_value": 7.05894, "relative_strength": 1.399175, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 63.635268, "energy": 55.627997, "activity_lines": [ 12.56515, 12.166962, 11.96916, 11.956586 ] }, { "date": "2026-05-15", "close": 13.095, "volume": 33104920, "typical_volume": 33452715.25, "trend": 11.949397, "fair_value": 7.124163, "relative_strength": 3.169676, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 67.3354, "energy": 59.223987, "activity_lines": [ 12.760667, 12.400882, 12.075792, 12.034777 ] }, { "date": "2026-05-22", "close": 13.3, "volume": 29822853, "typical_volume": 34241837.05, "trend": 12.017194, "fair_value": 7.191079, "relative_strength": 3.647296, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 70.623467, "energy": 66.867032, "activity_lines": [ 12.962667, 12.634, 12.19833, 12.121913 ] }, { "date": "2026-05-29", "close": 13.485, "volume": 29921747, "typical_volume": 34253039.65, "trend": 12.078213, "fair_value": 7.259081, "relative_strength": 3.70482, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 71.344241, "energy": 72.05893, "activity_lines": [ 13.202333, 12.85843, 12.33547, 12.21661 ] }, { "date": "2026-06-05", "close": 13.21, "volume": 4084250, "typical_volume": 32671248.25, "trend": 12.130375, "fair_value": 7.325506, "relative_strength": 1.660999, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.585295, "energy": 69.713973, "activity_lines": [ 13.263333, 12.983941, 12.440075, 12.289628 ] }, { "date": "2026-06-12", "close": 14.44, "volume": 8981400, "typical_volume": 32013442.1, "trend": 12.209975, "fair_value": 7.398837, "relative_strength": 7.285699, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 84.862215, "energy": 82.365404, "activity_lines": [ 13.679333, 13.296677, 12.657178, 12.438636 ] }, { "date": "2026-06-19", "close": 15.7, "volume": 12430734, "typical_volume": 31465846.75, "trend": 12.348372, "fair_value": 7.480341, "relative_strength": 13.118739, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 92.375111, "energy": 92.883258, "activity_lines": [ 14.410667, 13.786273, 12.982225, 12.663799 ] }, { "date": "2026-06-26", "close": 15.04, "volume": 4552236, "typical_volume": 29436828.75, "trend": 12.45245, "fair_value": 7.556347, "relative_strength": 11.212554, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 75.964401, "energy": 89.41634, "activity_lines": [ 14.748333, 14.091636, 13.22734, 12.837453 ] }, { "date": "2026-07-03", "close": 15.325, "volume": 3242515, "typical_volume": 27608161.75, "trend": 12.579627, "fair_value": 7.634314, "relative_strength": 9.533429, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 75.993825, "energy": 90.521369, "activity_lines": [ 15.065, 14.410636, 13.486672, 13.022779 ] }, { "date": "2026-07-10", "close": 15.645, "volume": 22272467, "typical_volume": 26861644.4, "trend": 12.705152, "fair_value": 7.713617, "relative_strength": 11.720303, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 76.857657, "energy": 90.847027, "activity_lines": [ 15.365667, 14.730636, 13.757215, 13.220545 ] }, { "date": "2026-07-17", "close": 15.41, "volume": 18278471, "typical_volume": 26096234.05, "trend": 12.805244, "fair_value": 7.791097, "relative_strength": 11.118731, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.743773, "energy": 85.615474, "activity_lines": [ 15.425667, 14.948636, 13.9898, 13.395051 ] }, { "date": "2026-07-24", "close": 15.66, "volume": 19441984, "typical_volume": 25090144.8, "trend": 12.916069, "fair_value": 7.869934, "relative_strength": 12.545115, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 73.253974, "energy": 84.850459, "activity_lines": [ 15.504333, 15.165909, 14.230112, 13.579229 ] }, { "date": "2026-07-31", "close": 15.79, "volume": 19409793, "typical_volume": 24407284.45, "trend": 13.020189, "fair_value": 7.950517, "relative_strength": 12.260436, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 72.829977, "energy": 70.733952, "activity_lines": [ 15.629, 15.360182, 14.460619, 13.764644 ] }, { "date": "2026-08-07", "close": 17.004999, "volume": 32260858, "typical_volume": 23823684.9, "trend": 13.181927, "fair_value": 8.038773, "relative_strength": 16.924917, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 89.830527, "energy": 73.870961, "activity_lines": [ 16.108666, 15.730091, 14.783898, 14.021728 ] } ], "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." } } }