{ "ticker": { "uuid": "6e3ff60b-4e18-4541-90c4-6dc00932701a", "symbol": "SCWS", "name": "iShares MSCI World SRI UCITS ETF CHF Hedged (Dist)", "exchange": "EBS", "country": "CH", "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": "^SSMI", "stage": 2, "stage_name": "Advancing", "phase": "2b", "phase_label": "Stage 2B \u00b7 Advancing", "transition": "stage_2_healthy", "transition_label": "Stage 2 trend intact", "confidence": 84.341, "architecture_regime": "deceleration", "architecture_regime_label": "Deceleration", "architecture_modifier": "Recompressing", "architecture_gate": "up", "architecture_direction": 71.018, "architecture_energy": 52.456, "architecture_maturity": 62.468, "architecture_confidence": 80.512, "architecture_tenure": "New", "architecture": { "interpretation": { "headline": "The upward structure remains, but its energy is decelerating.", "body": "Trend remains positive, but Activity or price acceptance is losing strength. This can become a healthy recompression, a re-acceleration, or a Rotation Down." }, "scores": { "balance": 21.48, "rotation_up": 43.91, "upward_expansion": 67.82, "deceleration": 88.27, "rotation_down": 27.67, "downward_expansion": 20.16 }, "activity_lines": [ 7.732533, 7.735659, 7.644268, 7.513507 ], "activity_state": "Wide", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.333333 }, "latest_close": 7.886, "trend_reference": 7.381501, "distance_from_trend": 0.068346, "trend_direction": "Improving", "fair_value": 6.540203, "distance_from_fair_value": 0.205773, "fair_value_direction": "Improving", "relative_strength": -1.243951, "relative_strength_direction": "Weakening", "price_momentum": 0.100312, "excess_performance": 0.017429, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.068346, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.032692, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.205773, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.034663, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.01244, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.049507, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.100312, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 3.84736, "read": "Demand-led" } ], "volume": { "latest": 83766, "relative_activity": 1.120146, "balance": 3.84736, "dry_up": 1.069228, "accumulation_observations": 4, "distribution_observations": 1 }, "risk": { "range_context": 0.015914, "annualized_volatility": 0.118424, "from_high_reference": -0.001646, "from_low_reference": 0.187904 }, "levels": { "trend_reference": 7.381501, "fair_value_reference": 6.540203, "structural_low": 6.638583, "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 7, "median_return": -0.001514, "positive_rate": 0.428571, "directional_follow_through": 0.428571, "median_excess_return": -0.014965, "regime_survival": 0.428571, "best_return": 0.074779, "worst_return": -0.069208, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 4, "median_return": 0.041132, "positive_rate": 1.0, "directional_follow_through": 1.0, "median_excess_return": 0.037042, "regime_survival": 0.0, "best_return": 0.109762, "worst_return": 0.030065, "sufficient": false }, { "horizon": "Extended", "sample_count": 3, "median_return": 0.08587, "positive_rate": 1.0, "directional_follow_through": 1.0, "median_excess_return": 0.033794, "regime_survival": 0.333333, "best_return": 0.105626, "worst_return": 0.076518, "sufficient": false }, { "horizon": "Full cycle", "sample_count": 2, "median_return": 0.095246, "positive_rate": 1.0, "directional_follow_through": 1.0, "median_excess_return": 0.018843, "regime_survival": 0.0, "best_return": 0.190226, "worst_return": 0.000266, "sufficient": false } ], "ledger": [ { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-04-26", "end": "2024-05-17", "tenure": "New", "return": 0.034045, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-05-24", "end": "2024-08-02", "tenure": "Developing", "return": -0.025383, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-08-09", "end": "2024-09-13", "tenure": "Developing", "return": 0.056628, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-09-20", "end": "2025-02-21", "tenure": "Established", "return": 0.023707, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-02-28", "end": "2025-03-07", "tenure": "New", "return": -0.031008, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-03-14", "end": "2025-03-21", "tenure": "New", "return": 0.006502, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-03-28", "end": "2025-05-30", "tenure": "Developing", "return": 0.060342, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-06-06", "end": "2025-07-18", "tenure": "Developing", "return": 0.020504, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-07-25", "end": "2026-02-13", "tenure": "Extended", "return": 0.063283, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-02-20", "end": "2026-03-20", "tenure": "Developing", "return": -0.069208, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2026-03-27", "end": "2026-04-17", "tenure": "New", "return": 0.083569, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-04-24", "end": "2026-05-08", "tenure": "New", "return": 0.023611, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-05-15", "end": "2026-07-31", "tenure": "Developing", "return": 0.020442, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-08-07", "end": "2026-08-07", "tenure": "New", "return": 0.0, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 5.494928, "volume": 27828, "typical_volume": 114049.3, "trend": 5.458794, "fair_value": 5.391711, "relative_strength": 6.281208, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 31.107067, "energy": 25.061891, "activity_lines": [ 5.656689, 5.691498, 5.628366, 5.549957 ] }, { "date": "2023-08-25", "close": 5.518924, "volume": 13598, "typical_volume": 114418.75, "trend": 5.466424, "fair_value": 5.392559, "relative_strength": 5.519206, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 20.874006, "energy": 24.430534, "activity_lines": [ 5.594621, 5.659039, 5.625276, 5.553837 ] }, { "date": "2023-09-01", "close": 5.720484, "volume": 24132, "typical_volume": 114950.5, "trend": 5.475858, "fair_value": 5.394731, "relative_strength": 7.989469, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 37.833586, "energy": 27.742729, "activity_lines": [ 5.618552, 5.66656, 5.640341, 5.570228 ] }, { "date": "2023-09-08", "close": 5.647538, "volume": 6138, "typical_volume": 109330.4, "trend": 5.486095, "fair_value": 5.396394, "relative_strength": 7.68412, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 25.474167, "energy": 22.417951, "activity_lines": [ 5.624247, 5.658533, 5.646877, 5.581304 ] }, { "date": "2023-09-15", "close": 5.680997, "volume": 19033, "typical_volume": 108584.45, "trend": 5.497162, "fair_value": 5.398254, "relative_strength": 5.754408, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 36.077678, "energy": 18.762157, "activity_lines": [ 5.645958, 5.657985, 5.655245, 5.593878 ] }, { "date": "2023-09-22", "close": 5.510569, "volume": 51066, "typical_volume": 110923.55, "trend": 5.506542, "fair_value": 5.398983, "relative_strength": 4.161441, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 3.276298, "energy": 7.313952, "activity_lines": [ 5.611956, 5.625859, 5.646018, 5.594743 ] }, { "date": "2023-09-29", "close": 5.470127, "volume": 110506, "typical_volume": 105928.7, "trend": 5.512133, "fair_value": 5.399442, "relative_strength": 3.706301, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -7.883544, "energy": 14.605608, "activity_lines": [ 5.563431, 5.591261, 5.632093, 5.592394 ] }, { "date": "2023-10-06", "close": 5.353618, "volume": 61090, "typical_volume": 108068.65, "trend": 5.518343, "fair_value": 5.399148, "relative_strength": 2.54172, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -38.517568, "energy": 51.951461, "activity_lines": [ 5.479322, 5.541498, 5.606454, 5.582167 ] }, { "date": "2023-10-13", "close": 5.459536, "volume": 48802, "typical_volume": 110352.5, "trend": 5.529052, "fair_value": 5.404455, "relative_strength": 3.801263, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -22.200596, "energy": 52.377104, "activity_lines": [ 5.454978, 5.51932, 5.591252, 5.578373 ] }, { "date": "2023-10-20", "close": 5.291994, "volume": 15627, "typical_volume": 110428.7, "trend": 5.533985, "fair_value": 5.409248, "relative_strength": 5.711514, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -50.198726, "energy": 68.540193, "activity_lines": [ 5.387319, 5.471425, 5.55989, 5.563079 ] }, { "date": "2023-10-27", "close": 5.199559, "volume": 36386, "typical_volume": 84912.6, "trend": 5.529355, "fair_value": 5.414842, "relative_strength": 3.911361, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -56.872824, "energy": 76.038376, "activity_lines": [ 5.314783, 5.414095, 5.520672, 5.541503 ] }, { "date": "2023-11-03", "close": 5.466276, "volume": 12394, "typical_volume": 84310.65, "trend": 5.534887, "fair_value": 5.420227, "relative_strength": 6.330674, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -34.654277, "energy": 52.126687, "activity_lines": [ 5.351886, 5.41063, 5.508756, 5.537433 ] }, { "date": "2023-11-10", "close": 5.418132, "volume": 19509, "typical_volume": 84315.8, "trend": 5.53589, "fair_value": 5.424676, "relative_strength": 5.440658, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -59.094875, "energy": 48.701985, "activity_lines": [ 5.373198, 5.399369, 5.493379, 5.529901 ] }, { "date": "2023-11-17", "close": 5.621299, "volume": 115348, "typical_volume": 85515.8, "trend": 5.544492, "fair_value": 5.43031, "relative_strength": 7.285302, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -24.326988, "energy": 18.266189, "activity_lines": [ 5.457931, 5.430544, 5.498192, 5.535411 ] }, { "date": "2023-11-24", "close": 5.68485, "volume": 145295, "typical_volume": 89706.05, "trend": 5.554164, "fair_value": 5.435806, "relative_strength": 6.853235, "stage": 2, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -2.582944, "energy": 20.035017, "activity_lines": [ 5.553064, 5.473751, 5.509548, 5.544466 ] }, { "date": "2023-12-01", "close": 5.709885, "volume": 40675, "typical_volume": 72280.1, "trend": 5.566736, "fair_value": 5.441558, "relative_strength": 7.020133, "stage": 2, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "mixed", "direction": 21.876189, "energy": 34.294331, "activity_lines": [ 5.630351, 5.52144, 5.523115, 5.554513 ] }, { "date": "2023-12-08", "close": 5.739733, "volume": 141224, "typical_volume": 78277.95, "trend": 5.580048, "fair_value": 5.447575, "relative_strength": 5.581561, "stage": 2, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 35.581235, "energy": 46.734144, "activity_lines": [ 5.683566, 5.570932, 5.539854, 5.565674 ] }, { "date": "2023-12-15", "close": 5.913865, "volume": 150718, "typical_volume": 79989.8, "trend": 5.596273, "fair_value": 5.454033, "relative_strength": 7.359166, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 50.231649, "energy": 72.680183, "activity_lines": [ 5.776594, 5.647182, 5.57347, 5.587211 ] }, { "date": "2023-12-22", "close": 5.931259, "volume": 262398, "typical_volume": 90758.55, "trend": 5.613428, "fair_value": 5.460757, "relative_strength": 7.737739, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 48.211248, "energy": 76.884673, "activity_lines": [ 5.842372, 5.716409, 5.608255, 5.608823 ] }, { "date": "2023-12-29", "close": 5.95735, "volume": 21355, "typical_volume": 66156.1, "trend": 5.628973, "fair_value": 5.467204, "relative_strength": 8.055446, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 80.886374, "energy": 91.679061, "activity_lines": [ 5.896182, 5.781803, 5.644522, 5.631011 ] }, { "date": "2024-01-05", "close": 5.830762, "volume": 32532, "typical_volume": 66391.3, "trend": 5.636708, "fair_value": 5.471928, "relative_strength": 5.015903, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 67.517068, "energy": 84.862807, "activity_lines": [ 5.88963, 5.812083, 5.667495, 5.64403 ] }, { "date": "2024-01-12", "close": 5.880044, "volume": 28922, "typical_volume": 67157.5, "trend": 5.642635, "fair_value": 5.47737, "relative_strength": 5.241589, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.365757, "energy": 78.012198, "activity_lines": [ 5.891447, 5.839847, 5.693562, 5.659729 ] }, { "date": "2024-01-19", "close": 5.878111, "volume": 80037, "typical_volume": 69952.75, "trend": 5.65208, "fair_value": 5.482456, "relative_strength": 5.620377, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 62.870243, "energy": 61.122963, "activity_lines": [ 5.883265, 5.859737, 5.717726, 5.674921 ] }, { "date": "2024-01-26", "close": 5.977642, "volume": 1299313, "typical_volume": 134611.5, "trend": 5.660524, "fair_value": 5.488803, "relative_strength": 4.914813, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 75.88447, "energy": 61.41473, "activity_lines": [ 5.910644, 5.88936, 5.750618, 5.695925 ] }, { "date": "2024-02-02", "close": 6.005666, "volume": 29020, "typical_volume": 135110.85, "trend": 5.67243, "fair_value": 5.49434, "relative_strength": 6.591276, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 78.517538, "energy": 81.166213, "activity_lines": [ 5.944272, 5.917599, 5.784607, 5.718192 ] }, { "date": "2024-02-09", "close": 6.052048, "volume": 103679, "typical_volume": 137741.5, "trend": 5.68153, "fair_value": 5.499926, "relative_strength": 8.574492, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 79.132858, "energy": 87.222059, "activity_lines": [ 5.99014, 5.948438, 5.821467, 5.742684 ] }, { "date": "2024-02-16", "close": 6.11486, "volume": 118042, "typical_volume": 138118.3, "trend": 5.691988, "fair_value": 5.50595, "relative_strength": 7.308304, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 84.801715, "energy": 93.379429, "activity_lines": [ 6.042192, 5.984477, 5.861731, 5.77064 ] }, { "date": "2024-02-23", "close": 6.157377, "volume": 162133, "typical_volume": 143170.45, "trend": 5.703512, "fair_value": 5.51317, "relative_strength": 6.029959, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 84.292883, "energy": 93.466422, "activity_lines": [ 6.092763, 6.021425, 5.902974, 5.800665 ] }, { "date": "2024-03-01", "close": 6.173805, "volume": 86234, "typical_volume": 145042.05, "trend": 5.718623, "fair_value": 5.521383, "relative_strength": 6.083502, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 81.136614, "energy": 92.05696, "activity_lines": [ 6.130192, 6.056933, 5.941955, 5.831007 ] }, { "date": "2024-03-08", "close": 6.19603, "volume": 40900, "typical_volume": 146305.7, "trend": 5.735242, "fair_value": 5.528431, "relative_strength": 4.85782, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 78.447792, "energy": 89.608965, "activity_lines": [ 6.161951, 6.092072, 5.97965, 5.861807 ] }, { "date": "2024-03-15", "close": 6.115695, "volume": 419867, "typical_volume": 165479.75, "trend": 5.755934, "fair_value": 5.534609, "relative_strength": 3.086356, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.940358, "energy": 67.45072, "activity_lines": [ 6.154242, 6.108265, 6.00539, 5.886353 ] }, { "date": "2024-03-22", "close": 6.253234, "volume": 70078, "typical_volume": 168363.95, "trend": 5.780411, "fair_value": 5.541603, "relative_strength": 5.411877, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 82.831771, "energy": 71.800428, "activity_lines": [ 6.188135, 6.144284, 6.039866, 5.918437 ] }, { "date": "2024-03-29", "close": 6.292948, "volume": 149305, "typical_volume": 174853.75, "trend": 5.799494, "fair_value": 5.548264, "relative_strength": 5.150399, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 82.868867, "energy": 71.681994, "activity_lines": [ 6.226042, 6.180739, 6.074377, 5.951503 ] }, { "date": "2024-04-05", "close": 6.167999, "volume": 144751, "typical_volume": 176323.9, "trend": 5.816842, "fair_value": 5.55356, "relative_strength": 4.910866, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.937442, "energy": 63.39373, "activity_lines": [ 6.213261, 6.186933, 6.092822, 5.975278 ] }, { "date": "2024-04-12", "close": 6.097291, "volume": 58659, "typical_volume": 171992.1, "trend": 5.830719, "fair_value": 5.55787, "relative_strength": 4.528331, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.012673, "energy": 57.116471, "activity_lines": [ 6.177297, 6.17681, 6.10193, 5.993371 ] }, { "date": "2024-04-19", "close": 5.883233, "volume": 66255, "typical_volume": 173271.1, "trend": 5.843141, "fair_value": 5.560997, "relative_strength": 1.400323, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 15.948586, "energy": 16.3968, "activity_lines": [ 6.076564, 6.126102, 6.088688, 5.996759 ] }, { "date": "2024-04-26", "close": 6.031427, "volume": 35386, "typical_volume": 167979.2, "trend": 5.861851, "fair_value": 5.565193, "relative_strength": 3.283422, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 26.512772, "energy": 28.502539, "activity_lines": [ 6.040726, 6.105407, 6.088733, 6.008907 ] }, { "date": "2024-05-03", "close": 6.102135, "volume": 294773, "typical_volume": 175181.95, "trend": 5.886801, "fair_value": 5.569355, "relative_strength": 4.84337, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 24.826982, "energy": 27.094138, "activity_lines": [ 6.043244, 6.099086, 6.094124, 6.024409 ] }, { "date": "2024-05-10", "close": 6.176716, "volume": 316849, "typical_volume": 177904.5, "trend": 5.910708, "fair_value": 5.574583, "relative_strength": 1.543013, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 41.700203, "energy": 26.507744, "activity_lines": [ 6.083344, 6.107329, 6.105721, 6.043113 ] }, { "date": "2024-05-17", "close": 6.236769, "volume": 192648, "typical_volume": 186469.15, "trend": 5.9422, "fair_value": 5.580018, "relative_strength": -0.073304, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 67.159548, "energy": 39.936537, "activity_lines": [ 6.14288, 6.126437, 6.121869, 6.06415 ] }, { "date": "2024-05-24", "close": 6.198026, "volume": 114564, "typical_volume": 190570.75, "trend": 5.975482, "fair_value": 5.584837, "relative_strength": 0.020899, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 58.717724, "energy": 44.345494, "activity_lines": [ 6.180203, 6.137761, 6.132996, 6.080654 ] }, { "date": "2024-05-31", "close": 6.125381, "volume": 138357, "typical_volume": 196042.5, "trend": 5.997452, "fair_value": 5.589065, "relative_strength": -1.832197, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 45.110527, "energy": 37.258206, "activity_lines": [ 6.172326, 6.13438, 6.135456, 6.090325 ] }, { "date": "2024-06-07", "close": 6.218366, "volume": 91322, "typical_volume": 196606.75, "trend": 6.024127, "fair_value": 5.593563, "relative_strength": -2.442669, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 60.679224, "energy": 45.516024, "activity_lines": [ 6.189179, 6.15023, 6.145603, 6.104578 ] }, { "date": "2024-06-14", "close": 6.234652, "volume": 109723, "typical_volume": 137127.25, "trend": 6.044572, "fair_value": 5.598193, "relative_strength": -0.542285, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 60.536403, "energy": 38.160308, "activity_lines": [ 6.203713, 6.170397, 6.155681, 6.11816 ] }, { "date": "2024-06-21", "close": 6.287282, "volume": 90973, "typical_volume": 140224.9, "trend": 6.064653, "fair_value": 5.60285, "relative_strength": 0.470084, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 67.39496, "energy": 42.607863, "activity_lines": [ 6.231927, 6.198921, 6.169548, 6.133819 ] }, { "date": "2024-06-28", "close": 6.318469, "volume": 50447, "typical_volume": 137563.3, "trend": 6.084939, "fair_value": 5.607213, "relative_strength": 1.056557, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 70.365306, "energy": 61.093966, "activity_lines": [ 6.267169, 6.229661, 6.185044, 6.150194 ] }, { "date": "2024-07-05", "close": 6.355505, "volume": 214046, "typical_volume": 142363.5, "trend": 6.105465, "fair_value": 5.611997, "relative_strength": 1.507437, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 72.241976, "energy": 70.040354, "activity_lines": [ 6.306728, 6.259221, 6.202798, 6.16765 ] }, { "date": "2024-07-12", "close": 6.443222, "volume": 50596, "typical_volume": 136786.65, "trend": 6.12311, "fair_value": 5.617195, "relative_strength": -0.083068, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 81.168669, "energy": 79.693895, "activity_lines": [ 6.360184, 6.298838, 6.22776, 6.189441 ] }, { "date": "2024-07-19", "close": 6.343809, "volume": 105685, "typical_volume": 137759.2, "trend": 6.136862, "fair_value": 5.621463, "relative_strength": -0.088131, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 64.118225, "energy": 71.429579, "activity_lines": [ 6.365511, 6.314178, 6.241894, 6.203679 ] }, { "date": "2024-07-26", "close": 6.272662, "volume": 46562, "typical_volume": 138042.3, "trend": 6.147372, "fair_value": 5.625209, "relative_strength": -1.753887, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 59.687232, "energy": 49.567842, "activity_lines": [ 6.339846, 6.313544, 6.248442, 6.212441 ] }, { "date": "2024-08-02", "close": 6.040702, "volume": 166020, "typical_volume": 125349.95, "trend": 6.15437, "fair_value": 5.627016, "relative_strength": -2.44695, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 11.900688, "energy": 8.838322, "activity_lines": [ 6.237836, 6.270083, 6.232533, 6.205559 ] }, { "date": "2024-08-09", "close": 6.067018, "volume": 142315, "typical_volume": 128961.8, "trend": 6.160603, "fair_value": 5.628597, "relative_strength": -1.932519, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 5.431702, "energy": 18.257473, "activity_lines": [ 6.163115, 6.234267, 6.219488, 6.199923 ] }, { "date": "2024-08-16", "close": 6.322368, "volume": 1202914, "typical_volume": 181642.25, "trend": 6.175411, "fair_value": 5.632447, "relative_strength": -0.554617, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 32.63036, "energy": 25.107171, "activity_lines": [ 6.192743, 6.24594, 6.231649, 6.21036 ] }, { "date": "2024-08-23", "close": 6.412033, "volume": 5064811, "typical_volume": 427645.25, "trend": 6.189891, "fair_value": 5.636139, "relative_strength": -0.498038, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 46.061488, "energy": 23.594471, "activity_lines": [ 6.260317, 6.272024, 6.252209, 6.225625 ] }, { "date": "2024-08-30", "close": 6.423728, "volume": 158401, "typical_volume": 432632.35, "trend": 6.203826, "fair_value": 5.639536, "relative_strength": -1.030973, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 61.746221, "energy": 39.478288, "activity_lines": [ 6.327241, 6.29701, 6.272721, 6.240712 ] }, { "date": "2024-09-06", "close": 6.1752, "volume": 16720, "typical_volume": 430155.6, "trend": 6.207931, "fair_value": 5.64159, "relative_strength": -0.648819, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 36.044095, "energy": 27.431606, "activity_lines": [ 6.301251, 6.274328, 6.268009, 6.238865 ] }, { "date": "2024-09-13", "close": 6.410581, "volume": 140662, "typical_volume": 435419.4, "trend": 6.217789, "fair_value": 5.644935, "relative_strength": 1.937778, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 58.484176, "energy": 45.260362, "activity_lines": [ 6.344755, 6.297047, 6.284324, 6.251939 ] }, { "date": "2024-09-20", "close": 6.497554, "volume": 44977, "typical_volume": 422929.6, "trend": 6.229128, "fair_value": 5.649345, "relative_strength": 4.045187, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.653994, "energy": 56.411496, "activity_lines": [ 6.394346, 6.334578, 6.307116, 6.269988 ] }, { "date": "2024-09-27", "close": 6.552278, "volume": 228098, "typical_volume": 418492.05, "trend": 6.241744, "fair_value": 5.654877, "relative_strength": 2.211182, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 69.11117, "energy": 56.764909, "activity_lines": [ 6.450498, 6.381072, 6.333238, 6.290837 ] }, { "date": "2024-10-04", "close": 6.476054, "volume": 324123, "typical_volume": 425065.8, "trend": 6.251078, "fair_value": 5.65973, "relative_strength": 2.844542, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 59.201914, "energy": 61.909784, "activity_lines": [ 6.471894, 6.409916, 6.350312, 6.305954 ] }, { "date": "2024-10-11", "close": 6.512212, "volume": 20465, "typical_volume": 420360.85, "trend": 6.264295, "fair_value": 5.664031, "relative_strength": 1.951495, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 61.051646, "energy": 63.015558, "activity_lines": [ 6.501853, 6.441636, 6.369689, 6.322801 ] }, { "date": "2024-10-18", "close": 6.558142, "volume": 159132, "typical_volume": 421399.6, "trend": 6.274459, "fair_value": 5.667939, "relative_strength": 1.156762, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.396007, "energy": 62.889545, "activity_lines": [ 6.524655, 6.473134, 6.391946, 6.341759 ] }, { "date": "2024-10-25", "close": 6.549347, "volume": 211364, "typical_volume": 427401.7, "trend": 6.283005, "fair_value": 5.670852, "relative_strength": 2.078294, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.281393, "energy": 55.862553, "activity_lines": [ 6.534688, 6.494103, 6.411303, 6.359494 ] }, { "date": "2024-11-01", "close": 6.415467, "volume": 88092, "typical_volume": 426320.15, "trend": 6.291254, "fair_value": 5.671574, "relative_strength": 1.73099, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 57.825501, "energy": 38.998985, "activity_lines": [ 6.496642, 6.486604, 6.416334, 6.368039 ] }, { "date": "2024-11-08", "close": 6.640228, "volume": 63707, "typical_volume": 424956.85, "trend": 6.309352, "fair_value": 5.674298, "relative_strength": 6.614956, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 73.918929, "energy": 47.160622, "activity_lines": [ 6.542636, 6.519908, 6.44191, 6.390554 ] }, { "date": "2024-11-15", "close": 6.606026, "volume": 28054, "typical_volume": 423837.2, "trend": 6.333445, "fair_value": 5.67636, "relative_strength": 7.448109, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.635664, "energy": 46.900416, "activity_lines": [ 6.566285, 6.543057, 6.462548, 6.409694 ] }, { "date": "2024-11-22", "close": 6.707656, "volume": 59492, "typical_volume": 416109.5, "trend": 6.355986, "fair_value": 5.680127, "relative_strength": 8.071711, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 75.866235, "energy": 60.427465, "activity_lines": [ 6.617557, 6.576851, 6.491495, 6.433837 ] }, { "date": "2024-11-29", "close": 6.765313, "volume": 49608, "typical_volume": 416060.1, "trend": 6.378092, "fair_value": 5.684334, "relative_strength": 8.359553, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 78.521653, "energy": 78.87757, "activity_lines": [ 6.678079, 6.615727, 6.524257, 6.460245 ] }, { "date": "2024-12-06", "close": 6.829809, "volume": 165001, "typical_volume": 419025.9, "trend": 6.399862, "fair_value": 5.688525, "relative_strength": 8.997572, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 81.094972, "energy": 87.433158, "activity_lines": [ 6.745703, 6.661461, 6.561628, 6.489388 ] }, { "date": "2024-12-13", "close": 6.751573, "volume": 119450, "typical_volume": 422670.3, "trend": 6.417022, "fair_value": 5.69259, "relative_strength": 8.35174, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.9114, "energy": 84.272502, "activity_lines": [ 6.759625, 6.687924, 6.589233, 6.512079 ] }, { "date": "2024-12-20", "close": 6.54279, "volume": 114690, "typical_volume": 420103.8, "trend": 6.428514, "fair_value": 5.694621, "relative_strength": 7.688987, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.365991, "energy": 51.856297, "activity_lines": [ 6.69653, 6.671417, 6.594673, 6.520193 ] }, { "date": "2024-12-27", "close": 6.603562, "volume": 1274225, "typical_volume": 476699.3, "trend": 6.444454, "fair_value": 5.696365, "relative_strength": 6.63793, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 45.937433, "energy": 34.914541, "activity_lines": [ 6.657908, 6.665404, 6.603511, 6.531486 ] }, { "date": "2025-01-03", "close": 6.532009, "volume": 83313, "typical_volume": 420719.25, "trend": 6.454908, "fair_value": 5.698668, "relative_strength": 5.013998, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 32.244707, "energy": 22.493321, "activity_lines": [ 6.602375, 6.645555, 6.602979, 6.537135 ] }, { "date": "2025-01-10", "close": 6.425168, "volume": 149361, "typical_volume": 174946.75, "trend": 6.461259, "fair_value": 5.700809, "relative_strength": 1.748432, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 3.90755, "energy": 20.016496, "activity_lines": [ 6.526781, 6.606596, 6.591273, 6.535216 ] }, { "date": "2025-01-17", "close": 6.646692, "volume": 129001, "typical_volume": 173476.75, "trend": 6.473239, "fair_value": 5.705527, "relative_strength": 3.414233, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 28.388031, "energy": 21.519005, "activity_lines": [ 6.552005, 6.607737, 6.600602, 6.54718 ] }, { "date": "2025-01-24", "close": 6.741769, "volume": 89267, "typical_volume": 177104.1, "trend": 6.487349, "fair_value": 5.712822, "relative_strength": 2.270426, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 45.542886, "energy": 21.011636, "activity_lines": [ 6.615913, 6.626048, 6.617925, 6.564504 ] }, { "date": "2025-01-31", "close": 6.629048, "volume": 62010, "typical_volume": 173171.5, "trend": 6.496467, "fair_value": 5.718273, "relative_strength": -1.884219, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 32.84397, "energy": 17.4533, "activity_lines": [ 6.628982, 6.621396, 6.621814, 6.573646 ] }, { "date": "2025-02-07", "close": 6.596701, "volume": 153839, "typical_volume": 178614.6, "trend": 6.501583, "fair_value": 5.723078, "relative_strength": -2.257443, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 35.091359, "energy": 24.23689, "activity_lines": [ 6.62957, 6.612292, 6.621582, 6.580113 ] }, { "date": "2025-02-14", "close": 6.625127, "volume": 139927, "typical_volume": 174206.05, "trend": 6.510961, "fair_value": 5.728918, "relative_strength": -3.635803, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 35.576118, "energy": 23.089636, "activity_lines": [ 6.635321, 6.611422, 6.623585, 6.588083 ] }, { "date": "2025-02-21", "close": 6.651592, "volume": 37680, "typical_volume": 159883.9, "trend": 6.523592, "fair_value": 5.735334, "relative_strength": -3.987807, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 38.412629, "energy": 19.003886, "activity_lines": [ 6.636562, 6.619085, 6.627762, 6.597156 ] }, { "date": "2025-02-28", "close": 6.448692, "volume": 241511, "typical_volume": 170936.2, "trend": 6.537191, "fair_value": 5.741506, "relative_strength": -7.178907, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": -0.920913, "energy": 6.771957, "activity_lines": [ 6.569844, 6.591676, 6.611779, 6.592324 ] }, { "date": "2025-03-07", "close": 6.248733, "volume": 933491, "typical_volume": 209654.15, "trend": 6.543248, "fair_value": 5.745976, "relative_strength": -10.379056, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -36.779245, "energy": 45.51781, "activity_lines": [ 6.456011, 6.52962, 6.577055, 6.573714 ] }, { "date": "2025-03-14", "close": 6.19513, "volume": 250026, "typical_volume": 211587.25, "trend": 6.539007, "fair_value": 5.748713, "relative_strength": -9.904632, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -49.696709, "energy": 64.960788, "activity_lines": [ 6.349665, 6.464271, 6.5387, 6.551255 ] }, { "date": "2025-03-21", "close": 6.235409, "volume": 108712, "typical_volume": 212618.25, "trend": 6.53312, "fair_value": 5.751343, "relative_strength": -10.224833, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -70.126365, "energy": 80.231254, "activity_lines": [ 6.283516, 6.41237, 6.505867, 6.531668 ] }, { "date": "2025-03-28", "close": 6.20299, "volume": 194235, "typical_volume": 219144.65, "trend": 6.525762, "fair_value": 5.753427, "relative_strength": -8.88122, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -69.134424, "energy": 81.329177, "activity_lines": [ 6.232542, 6.358024, 6.470804, 6.510369 ] }, { "date": "2025-04-04", "close": 5.77269, "volume": 509968, "typical_volume": 243240.35, "trend": 6.512345, "fair_value": 5.753307, "relative_strength": -6.38867, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -93.885055, "energy": 93.922099, "activity_lines": [ 6.068042, 6.23351, 6.396842, 6.461784 ] }, { "date": "2025-04-11", "close": 5.785462, "volume": 491934, "typical_volume": 264862.45, "trend": 6.491507, "fair_value": 5.753622, "relative_strength": -2.693129, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -84.724939, "energy": 90.131657, "activity_lines": [ 5.952866, 6.128937, 6.328065, 6.414888 ] }, { "date": "2025-04-18", "close": 5.860126, "volume": 698510, "typical_volume": 297307.55, "trend": 6.47026, "fair_value": 5.754513, "relative_strength": -4.933761, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -72.460723, "energy": 86.486519, "activity_lines": [ 5.893462, 6.053278, 6.27079, 6.374154 ] }, { "date": "2025-04-25", "close": 6.033031, "volume": 165522, "typical_volume": 297333.6, "trend": 6.452952, "fair_value": 5.757677, "relative_strength": -4.340334, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.556249, "energy": 70.305241, "activity_lines": [ 5.914028, 6.022448, 6.234292, 6.345946 ] }, { "date": "2025-05-02", "close": 6.257022, "volume": 69748, "typical_volume": 294848.5, "trend": 6.445651, "fair_value": 5.76313, "relative_strength": -3.204534, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.834051, "energy": 48.097424, "activity_lines": [ 6.022748, 6.043109, 6.222922, 6.333305 ] }, { "date": "2025-05-09", "close": 6.296319, "volume": 307157, "typical_volume": 304471.85, "trend": 6.438454, "fair_value": 5.770031, "relative_strength": -1.238552, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -42.079864, "energy": 26.251136, "activity_lines": [ 6.140966, 6.078089, 6.217649, 6.323671 ] }, { "date": "2025-05-16", "close": 6.551748, "volume": 128174, "typical_volume": 247169.3, "trend": 6.438241, "fair_value": 5.779345, "relative_strength": 0.655828, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -7.003572, "energy": 21.275329, "activity_lines": [ 6.309418, 6.162282, 6.237876, 6.33098 ] }, { "date": "2025-05-23", "close": 6.430911, "volume": 120467, "typical_volume": 249027.0, "trend": 6.434293, "fair_value": 5.786393, "relative_strength": -0.123998, "stage": 3, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -12.507619, "energy": 26.741765, "activity_lines": [ 6.386505, 6.218994, 6.246841, 6.330507 ] }, { "date": "2025-05-30", "close": 6.577291, "volume": 143340, "typical_volume": 248725.95, "trend": 6.439687, "fair_value": 5.794308, "relative_strength": 1.810131, "stage": 3, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "mixed", "direction": 28.051476, "energy": 35.317025, "activity_lines": [ 6.474334, 6.298034, 6.270229, 6.339733 ] }, { "date": "2025-06-06", "close": 6.616587, "volume": 182033, "typical_volume": 251377.55, "trend": 6.438899, "fair_value": 5.804037, "relative_strength": 1.164694, "stage": 3, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 31.250087, "energy": 39.407943, "activity_lines": [ 6.538976, 6.378003, 6.296635, 6.351146 ] }, { "date": "2025-06-13", "close": 6.56856, "volume": 60448, "typical_volume": 249936.6, "trend": 6.43765, "fair_value": 5.815553, "relative_strength": 2.164649, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 25.588877, "energy": 48.730712, "activity_lines": [ 6.563639, 6.441719, 6.31861, 6.359511 ] }, { "date": "2025-06-20", "close": 6.527081, "volume": 25799, "typical_volume": 248126.05, "trend": 6.431631, "fair_value": 5.825526, "relative_strength": 3.768959, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 24.434887, "energy": 43.327532, "activity_lines": [ 6.556327, 6.483424, 6.33746, 6.365281 ] }, { "date": "2025-06-27", "close": 6.699911, "volume": 56250, "typical_volume": 243246.6, "trend": 6.429451, "fair_value": 5.836842, "relative_strength": 5.42292, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 34.020091, "energy": 42.699752, "activity_lines": [ 6.608268, 6.543068, 6.373255, 6.382589 ] }, { "date": "2025-07-04", "close": 6.706824, "volume": 68297, "typical_volume": 239665.1, "trend": 6.425352, "fair_value": 5.847336, "relative_strength": 5.48403, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 42.265071, "energy": 46.756965, "activity_lines": [ 6.644581, 6.588701, 6.409218, 6.400484 ] }, { "date": "2025-07-11", "close": 6.702874, "volume": 39757, "typical_volume": 239768.95, "trend": 6.423728, "fair_value": 5.858381, "relative_strength": 5.57637, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 41.959138, "energy": 61.685254, "activity_lines": [ 6.670941, 6.621364, 6.444415, 6.418389 ] }, { "date": "2025-07-18", "close": 6.752254, "volume": 73954, "typical_volume": 231391.1, "trend": 6.43071, "fair_value": 5.868222, "relative_strength": 5.788324, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 72.134074, "energy": 78.702692, "activity_lines": [ 6.708009, 6.654899, 6.48407, 6.439584 ] }, { "date": "2025-07-25", "close": 6.759167, "volume": 89389, "typical_volume": 189186.0, "trend": 6.435897, "fair_value": 5.877537, "relative_strength": 5.934899, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 69.814803, "energy": 80.965377, "activity_lines": [ 6.735135, 6.681401, 6.522939, 6.460775 ] }, { "date": "2025-08-01", "close": 6.725588, "volume": 129698, "typical_volume": 183169.6, "trend": 6.44235, "fair_value": 5.886456, "relative_strength": 6.246874, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.325356, "energy": 78.32003, "activity_lines": [ 6.735596, 6.698027, 6.556179, 6.479464 ] }, { "date": "2025-08-08", "close": 6.717688, "volume": 88286, "typical_volume": 182148.3, "trend": 6.452101, "fair_value": 5.894658, "relative_strength": 5.638072, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 62.823154, "energy": 64.490465, "activity_lines": [ 6.731712, 6.707859, 6.58614, 6.497228 ] }, { "date": "2025-08-15", "close": 6.793733, "volume": 9684, "typical_volume": 172920.75, "trend": 6.457002, "fair_value": 5.903123, "relative_strength": 4.832759, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 71.131425, "energy": 68.663349, "activity_lines": [ 6.752451, 6.728964, 6.621048, 6.519269 ] }, { "date": "2025-08-22", "close": 6.857927, "volume": 152539, "typical_volume": 155049.3, "trend": 6.460874, "fair_value": 5.913041, "relative_strength": 4.030937, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 77.510002, "energy": 72.702915, "activity_lines": [ 6.788532, 6.758521, 6.659256, 6.545135 ] }, { "date": "2025-08-29", "close": 6.755216, "volume": 37237, "typical_volume": 132314.45, "trend": 6.465079, "fair_value": 5.923743, "relative_strength": 2.983446, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 61.877791, "energy": 58.63346, "activity_lines": [ 6.78333, 6.764141, 6.682514, 6.564125 ] }, { "date": "2025-09-05", "close": 6.746328, "volume": 38046, "typical_volume": 99291.25, "trend": 6.470067, "fair_value": 5.93354, "relative_strength": 1.22969, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 59.73261, "energy": 54.656932, "activity_lines": [ 6.775429, 6.763997, 6.700308, 6.58227 ] }, { "date": "2025-09-12", "close": 6.8302, "volume": 42390, "typical_volume": 93134.65, "trend": 6.476903, "fair_value": 5.945342, "relative_strength": 3.871193, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 68.819113, "energy": 56.57976, "activity_lines": [ 6.794103, 6.778259, 6.721869, 6.605504 ] }, { "date": "2025-09-19", "close": 6.896522, "volume": 183692, "typical_volume": 98831.85, "trend": 6.485067, "fair_value": 5.958973, "relative_strength": 5.51469, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 76.585476, "energy": 59.298403, "activity_lines": [ 6.827384, 6.802336, 6.745951, 6.632576 ] }, { "date": "2025-09-26", "close": 6.899491, "volume": 57172, "typical_volume": 86332.6, "trend": 6.500094, "fair_value": 5.973122, "relative_strength": 6.98867, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 74.54228, "energy": 65.569039, "activity_lines": [ 6.854801, 6.823432, 6.767271, 6.659313 ] }, { "date": "2025-10-03", "close": 7.044014, "volume": 180196, "typical_volume": 88933.7, "trend": 6.526603, "fair_value": 5.987808, "relative_strength": 4.100719, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 87.191018, "energy": 88.270013, "activity_lines": [ 6.927622, 6.868128, 6.799482, 6.694405 ] }, { "date": "2025-10-10", "close": 7.032136, "volume": 102717, "typical_volume": 88046.2, "trend": 6.554503, "fair_value": 6.0024, "relative_strength": 4.037564, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 79.248275, "energy": 87.890383, "activity_lines": [ 6.97723, 6.905486, 6.828218, 6.72702 ] }, { "date": "2025-10-17", "close": 6.960865, "volume": 87274, "typical_volume": 85242.9, "trend": 6.578685, "fair_value": 6.017121, "relative_strength": 1.588262, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.58694, "energy": 73.831401, "activity_lines": [ 6.984028, 6.924311, 6.847303, 6.753237 ] }, { "date": "2025-10-24", "close": 7.066683, "volume": 46299, "typical_volume": 78456.2, "trend": 6.607475, "fair_value": 6.031053, "relative_strength": 3.667799, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 77.253293, "energy": 70.550719, "activity_lines": [ 7.017387, 6.957955, 6.87464, 6.784721 ] }, { "date": "2025-10-31", "close": 7.0747, "volume": 56042, "typical_volume": 78235.9, "trend": 6.650875, "fair_value": 6.045067, "relative_strength": 6.45684, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 73.079151, "energy": 64.702661, "activity_lines": [ 7.042074, 6.988093, 6.900597, 6.814864 ] }, { "date": "2025-11-07", "close": 6.929188, "volume": 28668, "typical_volume": 78379.35, "trend": 6.688999, "fair_value": 6.056228, "relative_strength": 3.72377, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.765713, "energy": 51.654483, "activity_lines": [ 7.006577, 6.987834, 6.910285, 6.83282 ] }, { "date": "2025-11-14", "close": 6.864845, "volume": 21964, "typical_volume": 76665.05, "trend": 6.72249, "fair_value": 6.06742, "relative_strength": 0.116113, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 46.17172, "energy": 35.852846, "activity_lines": [ 6.957287, 6.972712, 6.911931, 6.844165 ] }, { "date": "2025-11-21", "close": 6.754968, "volume": 363171, "typical_volume": 91408.75, "trend": 6.746555, "fair_value": 6.077179, "relative_strength": -1.341555, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 15.78124, "energy": 15.416688, "activity_lines": [ 6.882524, 6.935458, 6.902326, 6.84626 ] }, { "date": "2025-11-28", "close": 6.988581, "volume": 71372, "typical_volume": 92989.5, "trend": 6.77094, "fair_value": 6.088192, "relative_strength": 0.578527, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 38.232173, "energy": 24.971503, "activity_lines": [ 6.899359, 6.942047, 6.914742, 6.861875 ] }, { "date": "2025-12-05", "close": 7.067772, "volume": 32806, "typical_volume": 90932.1, "trend": 6.796655, "fair_value": 6.100247, "relative_strength": 1.033381, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 50.65581, "energy": 23.276843, "activity_lines": [ 6.947798, 6.961361, 6.933339, 6.881025 ] }, { "date": "2025-12-12", "close": 7.09758, "volume": 31993, "typical_volume": 88062.3, "trend": 6.814849, "fair_value": 6.113499, "relative_strength": 1.940249, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.912625, "energy": 36.652174, "activity_lines": [ 7.006634, 6.983034, 6.953272, 6.90044 ] }, { "date": "2025-12-19", "close": 7.036044, "volume": 21010, "typical_volume": 82627.9, "trend": 6.835021, "fair_value": 6.126898, "relative_strength": -0.982491, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 55.626174, "energy": 47.458979, "activity_lines": [ 7.033732, 6.992546, 6.965733, 6.91471 ] }, { "date": "2025-12-26", "close": 7.115447, "volume": 66648, "typical_volume": 81546.0, "trend": 6.852959, "fair_value": 6.140703, "relative_strength": -0.286064, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.032868, "energy": 62.661053, "activity_lines": [ 7.075885, 7.016423, 6.984278, 6.932802 ] }, { "date": "2026-01-02", "close": 7.134305, "volume": 97117, "typical_volume": 85917.65, "trend": 6.870216, "fair_value": 6.154251, "relative_strength": -0.121472, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.867997, "energy": 66.521748, "activity_lines": [ 7.100292, 7.040918, 7.002725, 6.950954 ] }, { "date": "2026-01-09", "close": 7.288146, "volume": 183118, "typical_volume": 87446.6, "trend": 6.894203, "fair_value": 6.168028, "relative_strength": 0.865722, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 81.145655, "energy": 73.997402, "activity_lines": [ 7.166264, 7.092155, 7.034202, 6.977917 ] }, { "date": "2026-01-16", "close": 7.327847, "volume": 50751, "typical_volume": 88122.3, "trend": 6.920895, "fair_value": 6.182201, "relative_strength": 1.506554, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 81.413998, "energy": 81.804975, "activity_lines": [ 7.230778, 7.14673, 7.067411, 7.005894 ] }, { "date": "2026-01-23", "close": 7.255393, "volume": 227191, "typical_volume": 97579.55, "trend": 6.939411, "fair_value": 6.194799, "relative_strength": 2.528196, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.837285, "energy": 73.761596, "activity_lines": [ 7.25579, 7.180882, 7.090993, 7.027474 ] }, { "date": "2026-01-30", "close": 7.269288, "volume": 143771, "typical_volume": 102648.6, "trend": 6.95816, "fair_value": 6.206542, "relative_strength": 2.312955, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.569431, "energy": 70.950339, "activity_lines": [ 7.27081, 7.21046, 7.113474, 7.048757 ] }, { "date": "2026-02-06", "close": 7.167058, "volume": 64779, "typical_volume": 96702.95, "trend": 6.973632, "fair_value": 6.218251, "relative_strength": -0.988338, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 59.261841, "energy": 47.530855, "activity_lines": [ 7.241497, 7.2121, 7.124128, 7.062234 ] }, { "date": "2026-02-13", "close": 7.186908, "volume": 24547, "typical_volume": 95071.7, "trend": 6.988121, "fair_value": 6.230033, "relative_strength": -1.991483, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 53.787152, "energy": 36.925227, "activity_lines": [ 7.216618, 7.214104, 7.135384, 7.075994 ] }, { "date": "2026-02-20", "close": 7.245468, "volume": 62114, "typical_volume": 89167.6, "trend": 7.004331, "fair_value": 6.242958, "relative_strength": -3.071348, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 47.316956, "energy": 32.455068, "activity_lines": [ 7.218008, 7.224588, 7.150849, 7.092597 ] }, { "date": "2026-02-27", "close": 7.317922, "volume": 44341, "typical_volume": 86248.8, "trend": 7.024075, "fair_value": 6.255878, "relative_strength": -3.272306, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 65.729611, "energy": 40.221692, "activity_lines": [ 7.249041, 7.245558, 7.172255, 7.112829 ] }, { "date": "2026-03-06", "close": 7.132319, "volume": 65286, "typical_volume": 85149.4, "trend": 7.037896, "fair_value": 6.268474, "relative_strength": 0.649011, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 40.59979, "energy": 26.392469, "activity_lines": [ 7.214037, 7.227656, 7.174623, 7.119812 ] }, { "date": "2026-03-13", "close": 6.949694, "volume": 63326, "typical_volume": 86000.75, "trend": 7.043095, "fair_value": 6.280086, "relative_strength": -0.189295, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 7.237817, "energy": 9.519019, "activity_lines": [ 7.12729, 7.176243, 7.158782, 7.114122 ] }, { "date": "2026-03-20", "close": 6.744021, "volume": 250398, "typical_volume": 95718.55, "trend": 7.039298, "fair_value": 6.290342, "relative_strength": 0.679488, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -39.334112, "energy": 36.486319, "activity_lines": [ 6.986477, 7.090792, 7.123911, 7.094826 ] }, { "date": "2026-03-27", "close": 6.689313, "volume": 58674, "typical_volume": 97218.85, "trend": 7.037102, "fair_value": 6.299001, "relative_strength": -2.287127, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -41.98533, "energy": 56.254125, "activity_lines": [ 6.856953, 7.005286, 7.085403, 7.072247 ] }, { "date": "2026-04-03", "close": 6.853437, "volume": 120966, "typical_volume": 102168.95, "trend": 7.040672, "fair_value": 6.308957, "relative_strength": -3.175251, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -24.346919, "energy": 56.181942, "activity_lines": [ 6.819214, 6.961232, 7.063669, 7.060397 ] }, { "date": "2026-04-10", "close": 7.100121, "volume": 122228, "typical_volume": 90121.8, "trend": 7.049669, "fair_value": 6.319932, "relative_strength": -1.304861, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -16.686396, "energy": 45.593652, "activity_lines": [ 6.894669, 6.969337, 7.065483, 7.064233 ] }, { "date": "2026-04-17", "close": 7.248331, "volume": 77094, "typical_volume": 90407.9, "trend": 7.061396, "fair_value": 6.332016, "relative_strength": -1.201337, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": 17.621867, "energy": 13.095987, "activity_lines": [ 7.021673, 7.007465, 7.079769, 7.07705 ] }, { "date": "2026-04-24", "close": 7.288119, "volume": 33908, "typical_volume": 90463.0, "trend": 7.07435, "fair_value": 6.344153, "relative_strength": 1.108182, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 31.908532, "energy": 27.20771, "activity_lines": [ 7.142031, 7.05135, 7.096607, 7.091677 ] }, { "date": "2026-05-01", "close": 7.275187, "volume": 79444, "typical_volume": 92835.55, "trend": 7.082056, "fair_value": 6.356605, "relative_strength": 1.032262, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 49.804404, "energy": 40.907619, "activity_lines": [ 7.221806, 7.091043, 7.111164, 7.104634 ] }, { "date": "2026-05-08", "close": 7.4602, "volume": 35871, "typical_volume": 93578.6, "trend": 7.096325, "fair_value": 6.370194, "relative_strength": 3.706786, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 74.561568, "energy": 57.029482, "activity_lines": [ 7.324193, 7.163834, 7.142495, 7.129031 ] }, { "date": "2026-05-15", "close": 7.480094, "volume": 31830, "typical_volume": 91837.7, "trend": 7.113633, "fair_value": 6.383354, "relative_strength": 2.918159, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 73.871626, "energy": 75.082566, "activity_lines": [ 7.39276, 7.237656, 7.173702, 7.15379 ] }, { "date": "2026-05-22", "close": 7.551713, "volume": 318071, "typical_volume": 102885.4, "trend": 7.1298, "fair_value": 6.39704, "relative_strength": 1.611645, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 75.365975, "energy": 77.237857, "activity_lines": [ 7.459869, 7.318176, 7.209993, 7.182053 ] }, { "date": "2026-05-29", "close": 7.615373, "volume": 105741, "typical_volume": 99016.55, "trend": 7.147823, "fair_value": 6.410658, "relative_strength": 2.082707, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 76.725466, "energy": 80.89657, "activity_lines": [ 7.527972, 7.399325, 7.250359, 7.21338 ] }, { "date": "2026-06-05", "close": 7.654166, "volume": 63513, "typical_volume": 99654.65, "trend": 7.171989, "fair_value": 6.423834, "relative_strength": 3.653581, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 76.048454, "energy": 83.469721, "activity_lines": [ 7.58719, 7.471685, 7.292861, 7.246048 ] }, { "date": "2026-06-12", "close": 7.677043, "volume": 7391, "typical_volume": 88664.65, "trend": 7.199062, "fair_value": 6.436493, "relative_strength": 1.46999, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 74.897395, "energy": 85.475864, "activity_lines": [ 7.628768, 7.530661, 7.335988, 7.278632 ] }, { "date": "2026-06-19", "close": 7.79, "volume": 68629, "typical_volume": 84907.55, "trend": 7.233563, "fair_value": 6.450565, "relative_strength": 2.41346, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 82.642007, "energy": 91.594124, "activity_lines": [ 7.693542, 7.5952, 7.387866, 7.316757 ] }, { "date": "2026-06-26", "close": 7.735, "volume": 6985, "typical_volume": 82017.85, "trend": 7.258444, "fair_value": 6.463454, "relative_strength": -1.12386, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 71.526053, "energy": 87.597065, "activity_lines": [ 7.719322, 7.637196, 7.432025, 7.349108 ] }, { "date": "2026-07-03", "close": 7.839, "volume": 5592, "typical_volume": 81070.1, "trend": 7.284151, "fair_value": 6.477496, "relative_strength": -1.484398, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 81.723211, "energy": 91.721828, "activity_lines": [ 7.76755, 7.689252, 7.483385, 7.386563 ] }, { "date": "2026-07-10", "close": 7.75, "volume": 39856, "typical_volume": 79957.2, "trend": 7.305899, "fair_value": 6.49013, "relative_strength": -1.24995, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.649553, "energy": 85.772045, "activity_lines": [ 7.771203, 7.715111, 7.523164, 7.416618 ] }, { "date": "2026-07-17", "close": 7.693, "volume": 61261, "typical_volume": 80803.2, "trend": 7.327797, "fair_value": 6.502258, "relative_strength": -2.626235, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.272697, "energy": 72.410815, "activity_lines": [ 7.749467, 7.721973, 7.555111, 7.441592 ] }, { "date": "2026-07-24", "close": 7.63, "volume": 91479, "typical_volume": 82112.85, "trend": 7.344949, "fair_value": 6.513914, "relative_strength": -3.201592, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 52.67259, "energy": 54.096945, "activity_lines": [ 7.705667, 7.713148, 7.579272, 7.461089 ] }, { "date": "2026-07-31", "close": 7.633, "volume": 83327, "typical_volume": 83112.9, "trend": 7.361572, "fair_value": 6.526174, "relative_strength": -3.168943, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 46.36518, "energy": 40.559902, "activity_lines": [ 7.673533, 7.702142, 7.601349, 7.479673 ] }, { "date": "2026-08-07", "close": 7.886, "volume": 83766, "typical_volume": 74781.3, "trend": 7.381501, "fair_value": 6.540203, "relative_strength": -1.243951, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 71.01839, "energy": 52.456054, "activity_lines": [ 7.732533, 7.735659, 7.644268, 7.513507 ] } ], "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." } } }