{ "ticker": { "uuid": "7fcd3056-fc9a-460a-a0d7-6fdcf4243b32", "symbol": "OVS", "name": "OVS 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": "2b", "phase_label": "Stage 2B \u00b7 Advancing", "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": 69.637, "architecture_energy": 61.138, "architecture_maturity": 79.122, "architecture_confidence": 77.993, "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": 12.25, "rotation_up": 50.29, "upward_expansion": 82.4, "deceleration": 69.71, "rotation_down": 28.63, "downward_expansion": 11.4 }, "activity_lines": [ 6.25, 6.225536, 5.929074, 5.640402 ], "activity_state": "Wide", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.5 }, "latest_close": 6.34, "trend_reference": 5.315845, "distance_from_trend": 0.192661, "trend_direction": "Improving", "fair_value": 3.394402, "distance_from_fair_value": 0.867781, "fair_value_direction": "Improving", "relative_strength": 11.858902, "relative_strength_direction": "Improving", "price_momentum": 0.268, "excess_performance": 0.097108, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.192661, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.114695, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.867781, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.142724, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.118589, "read": "Leading" }, { "label": "Relative strength direction", "positive": true, "value": 0.025438, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.268, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 1.543642, "read": "Demand-led" } ], "volume": { "latest": 1814901, "relative_activity": 1.149988, "balance": 1.543642, "dry_up": 0.946905, "accumulation_observations": 3, "distribution_observations": 1 }, "risk": { "range_context": 0.045998, "annualized_volatility": 0.288326, "from_high_reference": -0.029839, "from_low_reference": 0.73224 }, "levels": { "trend_reference": 5.315845, "fair_value_reference": 3.394402, "structural_low": 4.2, "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 39, "median_return": 0.010707, "positive_rate": 0.538462, "directional_follow_through": 0.538462, "median_excess_return": -0.01147, "regime_survival": 0.820513, "best_return": 0.371296, "worst_return": -0.130994, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 14, "median_return": 0.073043, "positive_rate": 0.714286, "directional_follow_through": 0.714286, "median_excess_return": 0.056048, "regime_survival": 0.714286, "best_return": 0.540373, "worst_return": -0.141109, "sufficient": true }, { "horizon": "Extended", "sample_count": 7, "median_return": 0.225589, "positive_rate": 0.857143, "directional_follow_through": 0.857143, "median_excess_return": 0.14013, "regime_survival": 0.571429, "best_return": 0.400339, "worst_return": -0.30357, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 4, "median_return": 0.178114, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": 0.138962, "regime_survival": 0.5, "best_return": 0.677722, "worst_return": -0.151975, "sufficient": false } ], "ledger": [ { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2023-08-25", "end": "2023-12-15", "tenure": "Established", "return": 0.027372, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2023-12-22", "end": "2024-02-16", "tenure": "Developing", "return": -0.004464, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-02-23", "end": "2024-07-05", "tenure": "Established", "return": 0.210237, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-07-12", "end": "2024-08-30", "tenure": "Developing", "return": 0.07083, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-09-06", "end": "2024-11-22", "tenure": "Developing", "return": 0.053952, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-11-29", "end": "2024-12-06", "tenure": "New", "return": 0.089299, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-12-13", "end": "2025-03-14", "tenure": "Established", "return": -0.06875, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-03-21", "end": "2025-04-04", "tenure": "New", "return": -0.078735, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-04-11", "end": "2025-05-09", "tenure": "Developing", "return": 0.111489, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-05-16", "end": "2025-05-30", "tenure": "New", "return": 0.075085, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-06-06", "end": "2026-03-27", "tenure": "Extended", "return": 0.187661, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2026-04-03", "end": "2026-04-10", "tenure": "New", "return": 0.081176, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-04-17", "end": "2026-04-24", "tenure": "New", "return": -0.040546, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-05-01", "end": "2026-08-07", "tenure": "Established", "return": 0.280897, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 2.043622, "volume": 2080493, "typical_volume": 4977195.3, "trend": 2.295452, "fair_value": 1.674199, "relative_strength": -8.676214, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -75.070989, "energy": 72.669879, "activity_lines": [ 2.136271, 2.210336, 2.27371, 2.288305 ] }, { "date": "2023-08-25", "close": 2.041759, "volume": 2715214, "typical_volume": 4938270.7, "trend": 2.296256, "fair_value": 1.682891, "relative_strength": -10.434253, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -74.712756, "energy": 79.263716, "activity_lines": [ 2.089698, 2.173145, 2.247694, 2.271937 ] }, { "date": "2023-09-01", "close": 2.153534, "volume": 2719060, "typical_volume": 4938002.3, "trend": 2.290788, "fair_value": 1.692286, "relative_strength": -7.245585, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.478321, "energy": 71.717815, "activity_lines": [ 2.09628, 2.160003, 2.233299, 2.262729 ] }, { "date": "2023-09-08", "close": 2.043622, "volume": 2211846, "typical_volume": 4347580.15, "trend": 2.279717, "fair_value": 1.700875, "relative_strength": -10.857664, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -69.343691, "energy": 71.090866, "activity_lines": [ 2.076906, 2.128605, 2.209243, 2.246783 ] }, { "date": "2023-09-15", "close": 2.000775, "volume": 4129200, "typical_volume": 4287769.9, "trend": 2.26734, "fair_value": 1.70878, "relative_strength": -14.834377, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -73.935666, "energy": 71.847621, "activity_lines": [ 2.051074, 2.095276, 2.183181, 2.228787 ] }, { "date": "2023-09-22", "close": 1.864782, "volume": 9495890, "typical_volume": 4587119.15, "trend": 2.252307, "fair_value": 1.715879, "relative_strength": -19.547888, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -84.026555, "energy": 73.956673, "activity_lines": [ 1.987114, 2.043148, 2.146412, 2.202816 ] }, { "date": "2023-09-29", "close": 1.833112, "volume": 6029663, "typical_volume": 4673480.3, "trend": 2.23319, "fair_value": 1.722115, "relative_strength": -19.781388, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -82.795458, "energy": 87.657167, "activity_lines": [ 1.924519, 1.994407, 2.109336, 2.175771 ] }, { "date": "2023-10-06", "close": 1.719474, "volume": 5710513, "typical_volume": 4763273.9, "trend": 2.214283, "fair_value": 1.727547, "relative_strength": -23.384281, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -86.798645, "energy": 93.301207, "activity_lines": [ 1.837956, 1.933134, 2.064472, 2.142628 ] }, { "date": "2023-10-13", "close": 1.616082, "volume": 6228108, "typical_volume": 4860820.5, "trend": 2.196717, "fair_value": 1.732729, "relative_strength": -28.756193, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -89.705978, "energy": 95.310252, "activity_lines": [ 1.745865, 1.863867, 2.012904, 2.104034 ] }, { "date": "2023-10-20", "close": 1.64682, "volume": 4771100, "typical_volume": 4891531.45, "trend": 2.180296, "fair_value": 1.738156, "relative_strength": -24.764182, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -78.068293, "energy": 91.336161, "activity_lines": [ 1.692524, 1.810097, 1.967448, 2.068557 ] }, { "date": "2023-10-27", "close": 1.542497, "volume": 8771049, "typical_volume": 5072362.8, "trend": 2.158702, "fair_value": 1.743907, "relative_strength": -29.003373, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -84.038752, "energy": 93.081317, "activity_lines": [ 1.628005, 1.745758, 1.915285, 2.027409 ] }, { "date": "2023-11-03", "close": 1.618876, "volume": 4260629, "typical_volume": 4591186.1, "trend": 2.137775, "fair_value": 1.749867, "relative_strength": -28.771726, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -68.137858, "energy": 86.094076, "activity_lines": [ 1.610431, 1.704418, 1.87458, 1.992581 ] }, { "date": "2023-11-10", "close": 1.597453, "volume": 3802214, "typical_volume": 4551872.2, "trend": 2.11359, "fair_value": 1.754959, "relative_strength": -28.919675, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -68.336933, "energy": 75.788078, "activity_lines": [ 1.599999, 1.666872, 1.834824, 1.957722 ] }, { "date": "2023-11-17", "close": 1.657066, "volume": 7033716, "typical_volume": 4633448.1, "trend": 2.08618, "fair_value": 1.760162, "relative_strength": -28.34951, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.780147, "energy": 65.130239, "activity_lines": [ 1.617572, 1.650275, 1.803846, 1.928268 ] }, { "date": "2023-11-24", "close": 1.676627, "volume": 3360679, "typical_volume": 4584101.85, "trend": 2.059665, "fair_value": 1.765202, "relative_strength": -26.932166, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.401503, "energy": 60.031638, "activity_lines": [ 1.638934, 1.644263, 1.778107, 1.901846 ] }, { "date": "2023-12-01", "close": 1.903903, "volume": 12438405, "typical_volume": 5044022.2, "trend": 2.041999, "fair_value": 1.771623, "relative_strength": -17.935876, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -40.723793, "energy": 34.503697, "activity_lines": [ 1.734067, 1.685467, 1.777109, 1.891796 ] }, { "date": "2023-12-08", "close": 1.935573, "volume": 12916742, "typical_volume": 5528353.1, "trend": 2.024176, "fair_value": 1.778612, "relative_strength": -17.350797, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -19.239393, "energy": 27.366058, "activity_lines": [ 1.815663, 1.731719, 1.781336, 1.88493 ] }, { "date": "2023-12-15", "close": 2.097646, "volume": 9877832, "typical_volume": 5866848.7, "trend": 2.014785, "fair_value": 1.786661, "relative_strength": -9.976137, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": 19.831458, "energy": 34.332968, "activity_lines": [ 1.93017, 1.805575, 1.80264, 1.88967 ] }, { "date": "2023-12-22", "close": 2.086469, "volume": 4733792, "typical_volume": 5851548.35, "trend": 2.008172, "fair_value": 1.794526, "relative_strength": -10.115983, "stage": 4, "regime": "rotation_up", "modifier": "Structural repair", "gate": "down", "direction": 22.737692, "energy": 44.492109, "activity_lines": [ 2.007605, 1.870523, 1.823908, 1.894295 ] }, { "date": "2023-12-29", "close": 2.114413, "volume": 2095668, "typical_volume": 5769090.65, "trend": 2.001158, "fair_value": 1.802458, "relative_strength": -8.654796, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 40.113249, "energy": 62.893515, "activity_lines": [ 2.065729, 1.931999, 1.848193, 1.901149 ] }, { "date": "2024-01-05", "close": 1.980283, "volume": 3340190, "typical_volume": 5832075.5, "trend": 1.986461, "fair_value": 1.809101, "relative_strength": -14.350509, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 29.707454, "energy": 59.303207, "activity_lines": [ 2.049956, 1.960587, 1.859676, 1.899803 ] }, { "date": "2024-01-12", "close": 2.015678, "volume": 3257834, "typical_volume": 5859206.5, "trend": 1.978761, "fair_value": 1.815945, "relative_strength": -12.54377, "stage": 4, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 27.02409, "energy": 57.347458, "activity_lines": [ 2.04089, 1.98765, 1.874833, 1.901688 ] }, { "date": "2024-01-19", "close": 1.892725, "volume": 4384297, "typical_volume": 5942468.35, "trend": 1.966901, "fair_value": 1.822375, "relative_strength": -16.993758, "stage": 4, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 19.470212, "energy": 23.964107, "activity_lines": [ 1.985499, 1.985143, 1.878403, 1.896137 ] }, { "date": "2024-01-26", "close": 2.02313, "volume": 3988747, "typical_volume": 6031313.4, "trend": 1.955475, "fair_value": 1.829877, "relative_strength": -11.331998, "stage": 4, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 11.795145, "energy": 14.498176, "activity_lines": [ 1.987238, 2.000978, 1.895635, 1.899764 ] }, { "date": "2024-02-02", "close": 2.086469, "volume": 10067190, "typical_volume": 6328212.9, "trend": 1.947464, "fair_value": 1.837453, "relative_strength": -9.144867, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 29.99793, "energy": 24.304076, "activity_lines": [ 2.014312, 2.021673, 1.918997, 1.908216 ] }, { "date": "2024-02-09", "close": 2.095783, "volume": 4861957, "typical_volume": 6096516.25, "trend": 1.938398, "fair_value": 1.845035, "relative_strength": -9.560279, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 37.431558, "energy": 30.098288, "activity_lines": [ 2.046354, 2.03661, 1.942838, 1.917785 ] }, { "date": "2024-02-16", "close": 2.077154, "volume": 3029981, "typical_volume": 5946532.15, "trend": 1.931629, "fair_value": 1.852406, "relative_strength": -11.533354, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 34.972126, "energy": 44.658147, "activity_lines": [ 2.064486, 2.044672, 1.963805, 1.926737 ] }, { "date": "2024-02-23", "close": 2.077154, "volume": 2779724, "typical_volume": 5799992.7, "trend": 1.923743, "fair_value": 1.859714, "relative_strength": -13.654517, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 59.296378, "energy": 54.536871, "activity_lines": [ 2.07852, 2.050159, 1.983609, 1.936125 ] }, { "date": "2024-03-01", "close": 2.120586, "volume": 6804814, "typical_volume": 5828828.0, "trend": 1.922396, "fair_value": 1.86731, "relative_strength": -11.964059, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.40708, "energy": 61.418174, "activity_lines": [ 2.094736, 2.063915, 2.005847, 1.948825 ] }, { "date": "2024-03-08", "close": 2.075266, "volume": 4057843, "typical_volume": 5793165.15, "trend": 1.921278, "fair_value": 1.872549, "relative_strength": -14.570522, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 57.767798, "energy": 47.621061, "activity_lines": [ 2.089348, 2.068811, 2.021366, 1.958687 ] }, { "date": "2024-03-15", "close": 2.120586, "volume": 5317155, "typical_volume": 5620470.45, "trend": 1.923843, "fair_value": 1.878844, "relative_strength": -13.59045, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 62.844526, "energy": 48.184334, "activity_lines": [ 2.099814, 2.082659, 2.039161, 1.971546 ] }, { "date": "2024-03-22", "close": 2.122474, "volume": 3145934, "typical_volume": 5564735.7, "trend": 1.926534, "fair_value": 1.885205, "relative_strength": -14.054785, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 61.033088, "energy": 45.490697, "activity_lines": [ 2.109256, 2.094299, 2.054383, 1.984361 ] }, { "date": "2024-03-29", "close": 2.299976, "volume": 5542638, "typical_volume": 5651756.9, "trend": 1.931415, "fair_value": 1.892693, "relative_strength": -7.594612, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 81.567713, "energy": 63.227747, "activity_lines": [ 2.174843, 2.136271, 2.084112, 2.008454 ] }, { "date": "2024-04-05", "close": 2.222555, "volume": 6811118, "typical_volume": 5640627.0, "trend": 1.93738, "fair_value": 1.899792, "relative_strength": -8.341434, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 68.243989, "energy": 68.723067, "activity_lines": [ 2.199769, 2.156761, 2.103122, 2.027237 ] }, { "date": "2024-04-12", "close": 2.069601, "volume": 7067232, "typical_volume": 5825954.65, "trend": 1.939674, "fair_value": 1.905081, "relative_strength": -13.510492, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 58.227989, "energy": 44.00656, "activity_lines": [ 2.166912, 2.145816, 2.104873, 2.035768 ] }, { "date": "2024-04-19", "close": 2.247103, "volume": 10800438, "typical_volume": 5744056.3, "trend": 1.952418, "fair_value": 1.910259, "relative_strength": -5.940028, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 69.599145, "energy": 48.676533, "activity_lines": [ 2.193601, 2.16745, 2.121657, 2.055602 ] }, { "date": "2024-04-26", "close": 2.356626, "volume": 8510525, "typical_volume": 5523745.45, "trend": 1.969868, "fair_value": 1.916375, "relative_strength": -1.696529, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 78.822082, "energy": 53.549733, "activity_lines": [ 2.248362, 2.206247, 2.147237, 2.08168 ] }, { "date": "2024-05-03", "close": 2.360403, "volume": 5197496, "typical_volume": 5289728.65, "trend": 1.991233, "fair_value": 1.922286, "relative_strength": 0.800015, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 76.320408, "energy": 56.724483, "activity_lines": [ 2.288772, 2.240649, 2.171172, 2.106876 ] }, { "date": "2024-05-10", "close": 2.469925, "volume": 5579777, "typical_volume": 5332027.9, "trend": 2.019694, "fair_value": 1.92893, "relative_strength": 2.890103, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 84.393494, "energy": 85.785116, "activity_lines": [ 2.361661, 2.289814, 2.204287, 2.137759 ] }, { "date": "2024-05-17", "close": 2.541681, "volume": 5207728, "typical_volume": 5487630.9, "trend": 2.049523, "fair_value": 1.936024, "relative_strength": 4.083518, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 83.849243, "energy": 90.598014, "activity_lines": [ 2.441978, 2.345674, 2.242409, 2.171435 ] }, { "date": "2024-05-24", "close": 2.530352, "volume": 5389095, "typical_volume": 5590076.15, "trend": 2.082451, "fair_value": 1.94252, "relative_strength": 6.709495, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 76.369674, "energy": 88.106802, "activity_lines": [ 2.487046, 2.390993, 2.277418, 2.202457 ] }, { "date": "2024-05-31", "close": 2.573783, "volume": 6669144, "typical_volume": 5760641.65, "trend": 2.114281, "fair_value": 1.949343, "relative_strength": 8.88113, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 77.360215, "energy": 89.188431, "activity_lines": [ 2.527708, 2.436759, 2.313944, 2.234156 ] }, { "date": "2024-06-07", "close": 2.636098, "volume": 6834653, "typical_volume": 5883159.45, "trend": 2.148903, "fair_value": 1.955853, "relative_strength": 11.385665, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 79.322101, "energy": 86.33255, "activity_lines": [ 2.574664, 2.48565, 2.353747, 2.267821 ] }, { "date": "2024-06-14", "close": 2.483144, "volume": 9634430, "typical_volume": 6165443.6, "trend": 2.176439, "fair_value": 1.962128, "relative_strength": 11.475828, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.508049, "energy": 59.355414, "activity_lines": [ 2.552256, 2.500619, 2.375443, 2.289385 ] }, { "date": "2024-06-21", "close": 2.568118, "volume": 4759572, "typical_volume": 5900062.7, "trend": 2.206155, "fair_value": 1.969626, "relative_strength": 13.238338, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.124613, "energy": 55.957475, "activity_lines": [ 2.557292, 2.5263, 2.403042, 2.314655 ] }, { "date": "2024-06-28", "close": 2.407247, "volume": 6450443, "typical_volume": 5979487.0, "trend": 2.222933, "fair_value": 1.976447, "relative_strength": 6.979488, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 49.709219, "energy": 40.163485, "activity_lines": [ 2.506941, 2.513668, 2.413025, 2.327628 ] }, { "date": "2024-07-05", "close": 2.513849, "volume": 4391220, "typical_volume": 6047548.95, "trend": 2.242209, "fair_value": 1.983513, "relative_strength": 9.279092, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 44.67174, "energy": 31.540209, "activity_lines": [ 2.500332, 2.517507, 2.431678, 2.346397 ] }, { "date": "2024-07-12", "close": 2.544859, "volume": 3083732, "typical_volume": 6062749.35, "trend": 2.257116, "fair_value": 1.990902, "relative_strength": 9.009324, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 48.278187, "energy": 33.474401, "activity_lines": [ 2.508054, 2.524125, 2.451205, 2.365923 ] }, { "date": "2024-07-19", "close": 2.508034, "volume": 2434837, "typical_volume": 5844250.5, "trend": 2.271168, "fair_value": 1.997157, "relative_strength": 8.755256, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 41.610626, "energy": 27.914, "activity_lines": [ 2.509584, 2.520694, 2.464998, 2.382111 ] }, { "date": "2024-07-26", "close": 2.533231, "volume": 4642259, "typical_volume": 5873471.3, "trend": 2.285129, "fair_value": 2.003535, "relative_strength": 11.271845, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 46.1479, "energy": 32.403975, "activity_lines": [ 2.517854, 2.521151, 2.479345, 2.399018 ] }, { "date": "2024-08-02", "close": 2.444073, "volume": 2651840, "typical_volume": 5740205.55, "trend": 2.300589, "fair_value": 2.009142, "relative_strength": 13.343462, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 38.981111, "energy": 25.185017, "activity_lines": [ 2.498731, 2.505551, 2.48302, 2.409273 ] }, { "date": "2024-08-09", "close": 2.397556, "volume": 3820787, "typical_volume": 5773948.2, "trend": 2.313318, "fair_value": 2.014173, "relative_strength": 11.988027, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 28.098311, "energy": 14.514595, "activity_lines": [ 2.461646, 2.483062, 2.480725, 2.415529 ] }, { "date": "2024-08-16", "close": 2.467331, "volume": 2000579, "typical_volume": 5596845.25, "trend": 2.332472, "fair_value": 2.020389, "relative_strength": 10.822148, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 19.841916, "energy": 12.308963, "activity_lines": [ 2.455573, 2.476464, 2.483765, 2.425465 ] }, { "date": "2024-08-23", "close": 2.60882, "volume": 2225847, "typical_volume": 5367581.7, "trend": 2.351995, "fair_value": 2.02749, "relative_strength": 14.887834, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 47.992568, "energy": 21.54998, "activity_lines": [ 2.501831, 2.49866, 2.499483, 2.443294 ] }, { "date": "2024-08-30", "close": 2.725112, "volume": 3863438, "typical_volume": 5207392.0, "trend": 2.373283, "fair_value": 2.035182, "relative_strength": 17.347297, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 69.622309, "energy": 42.501732, "activity_lines": [ 2.580135, 2.539714, 2.524438, 2.467366 ] }, { "date": "2024-09-06", "close": 2.550674, "volume": 2574016, "typical_volume": 4796070.9, "trend": 2.388446, "fair_value": 2.041808, "relative_strength": 13.269054, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 50.311578, "energy": 45.57158, "activity_lines": [ 2.5875, 2.546199, 2.529657, 2.478811 ] }, { "date": "2024-09-13", "close": 2.657275, "volume": 2261673, "typical_volume": 4483628.3, "trend": 2.407783, "fair_value": 2.049299, "relative_strength": 16.700129, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 60.813736, "energy": 61.652323, "activity_lines": [ 2.623292, 2.569457, 2.543584, 2.496155 ] }, { "date": "2024-09-20", "close": 2.744494, "volume": 7129434, "typical_volume": 4580225.2, "trend": 2.430028, "fair_value": 2.055054, "relative_strength": 19.295734, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 69.799894, "energy": 67.125163, "activity_lines": [ 2.670842, 2.605966, 2.564386, 2.517878 ] }, { "date": "2024-09-27", "close": 2.849157, "volume": 5008041, "typical_volume": 4551638.4, "trend": 2.454313, "fair_value": 2.059912, "relative_strength": 19.824121, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 79.103548, "energy": 73.29469, "activity_lines": [ 2.734803, 2.657874, 2.593326, 2.544918 ] }, { "date": "2024-10-04", "close": 2.777444, "volume": 3547242, "typical_volume": 4468614.1, "trend": 2.477719, "fair_value": 2.065242, "relative_strength": 20.044697, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.571121, "energy": 71.543679, "activity_lines": [ 2.758837, 2.690542, 2.613631, 2.565766 ] }, { "date": "2024-10-11", "close": 2.792949, "volume": 2100833, "typical_volume": 4304201.0, "trend": 2.500131, "fair_value": 2.069444, "relative_strength": 17.410027, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.414088, "energy": 70.232028, "activity_lines": [ 2.78455, 2.721588, 2.634289, 2.586103 ] }, { "date": "2024-10-18", "close": 2.858848, "volume": 4755753, "typical_volume": 4208531.45, "trend": 2.524677, "fair_value": 2.073785, "relative_strength": 16.442945, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 72.880768, "energy": 73.193432, "activity_lines": [ 2.816078, 2.758273, 2.659974, 2.609246 ] }, { "date": "2024-10-25", "close": 2.798764, "volume": 1927597, "typical_volume": 3963178.65, "trend": 2.541304, "fair_value": 2.077638, "relative_strength": 14.641519, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 62.764811, "energy": 52.834942, "activity_lines": [ 2.81414, 2.775646, 2.678578, 2.626929 ] }, { "date": "2024-11-01", "close": 2.73868, "volume": 2939264, "typical_volume": 3628420.35, "trend": 2.558508, "fair_value": 2.079698, "relative_strength": 11.814015, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 58.690071, "energy": 42.92158, "activity_lines": [ 2.788556, 2.776069, 2.690686, 2.639663 ] }, { "date": "2024-11-08", "close": 2.812331, "volume": 3061682, "typical_volume": 3543525.85, "trend": 2.583265, "fair_value": 2.081866, "relative_strength": 16.87467, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 60.568992, "energy": 41.31921, "activity_lines": [ 2.794887, 2.787522, 2.708591, 2.656039 ] }, { "date": "2024-11-15", "close": 2.868539, "volume": 5556423, "typical_volume": 3498824.85, "trend": 2.60398, "fair_value": 2.085201, "relative_strength": 17.026411, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.823768, "energy": 42.195499, "activity_lines": [ 2.817629, 2.807609, 2.730687, 2.674443 ] }, { "date": "2024-11-22", "close": 2.688287, "volume": 5705126, "typical_volume": 3564520.15, "trend": 2.615035, "fair_value": 2.088266, "relative_strength": 11.259742, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 41.028916, "energy": 24.950721, "activity_lines": [ 2.775247, 2.789143, 2.733419, 2.679883 ] }, { "date": "2024-11-29", "close": 2.734803, "volume": 2652712, "typical_volume": 3542969.15, "trend": 2.627515, "fair_value": 2.089937, "relative_strength": 12.907233, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 37.766008, "energy": 22.324532, "activity_lines": [ 2.759741, 2.778571, 2.73975, 2.68761 ] }, { "date": "2024-12-06", "close": 2.979017, "volume": 5640806, "typical_volume": 3703267.6, "trend": 2.644485, "fair_value": 2.092026, "relative_strength": 17.576481, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 72.110474, "energy": 40.44554, "activity_lines": [ 2.829904, 2.812578, 2.768436, 2.710287 ] }, { "date": "2024-12-13", "close": 3.411236, "volume": 14603916, "typical_volume": 4201350.45, "trend": 2.67347, "fair_value": 2.09917, "relative_strength": 33.091063, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 89.632174, "energy": 76.006857, "activity_lines": [ 3.028118, 2.922809, 2.836042, 2.759755 ] }, { "date": "2024-12-20", "close": 3.320141, "volume": 9408232, "typical_volume": 4539170.05, "trend": 2.699796, "fair_value": 2.105968, "relative_strength": 32.81643, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 83.607253, "energy": 88.406738, "activity_lines": [ 3.15604, 3.004954, 2.890792, 2.801476 ] }, { "date": "2024-12-27", "close": 3.314326, "volume": 1831369, "typical_volume": 4439699.15, "trend": 2.724481, "fair_value": 2.112671, "relative_strength": 30.126028, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 74.504468, "energy": 90.014607, "activity_lines": [ 3.251916, 3.076456, 2.940816, 2.841123 ] }, { "date": "2025-01-03", "close": 3.219354, "volume": 2020789, "typical_volume": 4440709.65, "trend": 2.743923, "fair_value": 2.118948, "relative_strength": 25.571207, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.31292, "energy": 87.001832, "activity_lines": [ 3.274399, 3.122409, 2.977429, 2.87305 ] }, { "date": "2025-01-10", "close": 3.176714, "volume": 3729134, "typical_volume": 4515874.0, "trend": 2.767042, "fair_value": 2.125599, "relative_strength": 19.763612, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 64.700176, "energy": 75.123051, "activity_lines": [ 3.250365, 3.152962, 3.006401, 2.900972 ] }, { "date": "2025-01-17", "close": 3.250365, "volume": 4819577, "typical_volume": 4563680.95, "trend": 2.789784, "fair_value": 2.132348, "relative_strength": 17.747684, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.958849, "energy": 53.640136, "activity_lines": [ 3.237702, 3.188942, 3.039683, 2.932154 ] }, { "date": "2025-01-24", "close": 3.227107, "volume": 4350356, "typical_volume": 4652497.95, "trend": 2.817112, "fair_value": 2.139344, "relative_strength": 16.458046, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 58.179431, "energy": 44.678202, "activity_lines": [ 3.228011, 3.212729, 3.068248, 2.960368 ] }, { "date": "2025-01-31", "close": 3.355028, "volume": 3186859, "typical_volume": 4698757.25, "trend": 2.845152, "fair_value": 2.146764, "relative_strength": 19.452543, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 68.357218, "energy": 48.409799, "activity_lines": [ 3.267163, 3.253255, 3.105775, 2.995073 ] }, { "date": "2025-02-07", "close": 3.382163, "volume": 2551229, "typical_volume": 4469847.0, "trend": 2.873062, "fair_value": 2.155016, "relative_strength": 17.814643, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 67.550436, "energy": 50.880016, "activity_lines": [ 3.312646, 3.286592, 3.142564, 3.029719 ] }, { "date": "2025-02-14", "close": 3.574045, "volume": 3738448, "typical_volume": 4406367.35, "trend": 2.908595, "fair_value": 2.164589, "relative_strength": 20.618407, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 79.547125, "energy": 62.046157, "activity_lines": [ 3.411236, 3.343047, 3.194591, 3.074943 ] }, { "date": "2025-02-21", "close": 3.484888, "volume": 3481733, "typical_volume": 4403091.9, "trend": 2.940317, "fair_value": 2.17401, "relative_strength": 15.479717, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 68.934023, "energy": 73.297653, "activity_lines": [ 3.453618, 3.372472, 3.234675, 3.112123 ] }, { "date": "2025-02-28", "close": 3.510084, "volume": 5008831, "typical_volume": 4548491.8, "trend": 2.975851, "fair_value": 2.185962, "relative_strength": 14.867586, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 67.294462, "energy": 70.619904, "activity_lines": [ 3.488764, 3.405139, 3.27379, 3.148883 ] }, { "date": "2025-03-07", "close": 3.314326, "volume": 2767952, "typical_volume": 4449101.75, "trend": 3.00641, "fair_value": 2.196983, "relative_strength": 8.011529, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 62.302972, "energy": 50.087063, "activity_lines": [ 3.439792, 3.398761, 3.290846, 3.17072 ] }, { "date": "2025-03-14", "close": 3.176714, "volume": 4122721, "typical_volume": 4558857.95, "trend": 3.030056, "fair_value": 2.206213, "relative_strength": 2.870623, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 43.002353, "energy": 30.288884, "activity_lines": [ 3.347663, 3.367362, 3.292627, 3.181707 ] }, { "date": "2025-03-21", "close": 3.12632, "volume": 2429016, "typical_volume": 4533345.55, "trend": 3.047306, "fair_value": 2.215489, "relative_strength": -0.188777, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 22.69133, "energy": 20.134067, "activity_lines": [ 3.252433, 3.327576, 3.287809, 3.187918 ] }, { "date": "2025-03-28", "close": 3.116629, "volume": 1765860, "typical_volume": 4468554.45, "trend": 3.060357, "fair_value": 2.224027, "relative_strength": -0.07696, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 9.554898, "energy": 22.961293, "activity_lines": [ 3.18382, 3.286944, 3.280223, 3.19239 ] }, { "date": "2025-04-04", "close": 2.880168, "volume": 3159427, "typical_volume": 4348704.65, "trend": 3.07134, "fair_value": 2.231942, "relative_strength": 2.805424, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -38.945739, "energy": 40.637359, "activity_lines": [ 3.060938, 3.205751, 3.248667, 3.180765 ] }, { "date": "2025-04-11", "close": 2.851095, "volume": 3549627, "typical_volume": 4240929.7, "trend": 3.077801, "fair_value": 2.239556, "relative_strength": 3.073553, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -38.196782, "energy": 48.639995, "activity_lines": [ 2.970359, 3.12558, 3.214287, 3.166556 ] }, { "date": "2025-04-18", "close": 2.928624, "volume": 5424807, "typical_volume": 4379534.45, "trend": 3.083938, "fair_value": 2.24757, "relative_strength": -0.225309, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -28.796989, "energy": 52.306272, "activity_lines": [ 2.936505, 3.068667, 3.186515, 3.156931 ] }, { "date": "2025-04-25", "close": 3.037163, "volume": 2656341, "typical_volume": 4230311.2, "trend": 3.090205, "fair_value": 2.256587, "relative_strength": -0.610746, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -25.564289, "energy": 48.570123, "activity_lines": [ 2.955371, 3.039735, 3.168158, 3.153914 ] }, { "date": "2025-05-02", "close": 3.095309, "volume": 2012293, "typical_volume": 3600730.05, "trend": 3.100801, "fair_value": 2.266653, "relative_strength": -1.542444, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -20.71341, "energy": 25.562087, "activity_lines": [ 2.999562, 3.031137, 3.155061, 3.154243 ] }, { "date": "2025-05-09", "close": 3.168961, "volume": 1760684, "typical_volume": 3218352.65, "trend": 3.113334, "fair_value": 2.276657, "relative_strength": -2.079307, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -9.998903, "energy": 10.34252, "activity_lines": [ 3.069725, 3.043013, 3.150483, 3.15864 ] }, { "date": "2025-05-16", "close": 3.40736, "volume": 2113073, "typical_volume": 3232437.85, "trend": 3.131618, "fair_value": 2.28824, "relative_strength": 1.671207, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 22.958577, "energy": 22.299579, "activity_lines": [ 3.200101, 3.104436, 3.16933, 3.17761 ] }, { "date": "2025-05-23", "close": 3.469382, "volume": 2297796, "typical_volume": 3246288.2, "trend": 3.153972, "fair_value": 2.29992, "relative_strength": 6.258919, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 48.970713, "energy": 39.87905, "activity_lines": [ 3.314068, 3.175445, 3.19364, 3.199401 ] }, { "date": "2025-05-30", "close": 3.663202, "volume": 2577384, "typical_volume": 3188700.7, "trend": 3.184789, "fair_value": 2.311575, "relative_strength": 10.05341, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 80.400877, "energy": 70.224135, "activity_lines": [ 3.45659, 3.276372, 3.23522, 3.232254 ] }, { "date": "2025-06-06", "close": 3.620562, "volume": 1492467, "typical_volume": 3022345.2, "trend": 3.21173, "fair_value": 2.324156, "relative_strength": 7.067457, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 74.289057, "energy": 80.172425, "activity_lines": [ 3.543163, 3.359786, 3.270421, 3.260369 ] }, { "date": "2025-06-13", "close": 3.389916, "volume": 2573390, "typical_volume": 2933496.9, "trend": 3.22911, "fair_value": 2.336792, "relative_strength": 2.966712, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 64.438339, "energy": 73.665758, "activity_lines": [ 3.517837, 3.392101, 3.281893, 3.271865 ] }, { "date": "2025-06-20", "close": 3.45, "volume": 5271012, "typical_volume": 3037704.55, "trend": 3.2545, "fair_value": 2.349446, "relative_strength": 5.084885, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 61.119196, "energy": 61.885581, "activity_lines": [ 3.497809, 3.426072, 3.298313, 3.286116 ] }, { "date": "2025-06-27", "close": 3.618, "volume": 2531997, "typical_volume": 3036742.95, "trend": 3.28394, "fair_value": 2.363841, "relative_strength": 8.32633, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 68.463075, "energy": 46.693591, "activity_lines": [ 3.530938, 3.4797, 3.33028, 3.309567 ] }, { "date": "2025-07-04", "close": 3.562, "volume": 2649153, "typical_volume": 2982278.2, "trend": 3.303373, "fair_value": 2.37765, "relative_strength": 6.58395, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 60.837752, "energy": 40.553133, "activity_lines": [ 3.535493, 3.510612, 3.35579, 3.327507 ] }, { "date": "2025-07-11", "close": 3.782, "volume": 2868778, "typical_volume": 2951630.45, "trend": 3.315732, "fair_value": 2.393504, "relative_strength": 11.351879, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 79.807895, "energy": 61.998253, "activity_lines": [ 3.620128, 3.571981, 3.402311, 3.358386 ] }, { "date": "2025-07-18", "close": 3.712, "volume": 2364411, "typical_volume": 2819409.45, "trend": 3.328794, "fair_value": 2.408601, "relative_strength": 8.195365, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 68.7452, "energy": 73.194284, "activity_lines": [ 3.670667, 3.608137, 3.44075, 3.383952 ] }, { "date": "2025-07-25", "close": 3.694, "volume": 1825837, "typical_volume": 2772303.7, "trend": 3.341449, "fair_value": 2.42318, "relative_strength": 6.197457, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.70982, "energy": 73.591844, "activity_lines": [ 3.693733, 3.631148, 3.476513, 3.407513 ] }, { "date": "2025-08-01", "close": 3.55, "volume": 2019160, "typical_volume": 2667125.65, "trend": 3.352471, "fair_value": 2.43658, "relative_strength": 3.765196, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.539897, "energy": 60.220951, "activity_lines": [ 3.652533, 3.622765, 3.496754, 3.420968 ] }, { "date": "2025-08-08", "close": 3.678, "volume": 1688865, "typical_volume": 2630118.1, "trend": 3.36918, "fair_value": 2.450439, "relative_strength": 2.866385, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.37311, "energy": 44.114968, "activity_lines": [ 3.658533, 3.636189, 3.527408, 3.44197 ] }, { "date": "2025-08-15", "close": 3.8, "volume": 2420014, "typical_volume": 2662825.8, "trend": 3.387502, "fair_value": 2.465308, "relative_strength": 3.378497, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 72.739664, "energy": 48.231491, "activity_lines": [ 3.697467, 3.671526, 3.567054, 3.469765 ] }, { "date": "2025-08-22", "close": 4.016, "volume": 2804111, "typical_volume": 2645060.0, "trend": 3.413798, "fair_value": 2.482417, "relative_strength": 7.2362, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 84.609664, "energy": 59.95779, "activity_lines": [ 3.8072, 3.742873, 3.624017, 3.510313 ] }, { "date": "2025-08-29", "close": 4.122, "volume": 2179475, "typical_volume": 2576552.4, "trend": 3.439364, "fair_value": 2.499915, "relative_strength": 12.51189, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 86.857731, "energy": 88.679453, "activity_lines": [ 3.932, 3.822109, 3.685667, 3.556004 ] }, { "date": "2025-09-05", "close": 4.062, "volume": 1797767, "typical_volume": 2395200.4, "trend": 3.462025, "fair_value": 2.516894, "relative_strength": 11.920249, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 73.648552, "energy": 86.961901, "activity_lines": [ 4.008267, 3.878218, 3.73555, 3.596174 ] }, { "date": "2025-09-12", "close": 4.128, "volume": 1421631, "typical_volume": 2333464.9, "trend": 3.48049, "fair_value": 2.534302, "relative_strength": 10.743888, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 75.985968, "energy": 89.644545, "activity_lines": [ 4.0724, 3.938255, 3.786322, 3.63914 ] }, { "date": "2025-09-19", "close": 4.21, "volume": 5110831, "typical_volume": 2488391.8, "trend": 3.50466, "fair_value": 2.551134, "relative_strength": 13.169197, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 77.165378, "energy": 86.635523, "activity_lines": [ 4.133867, 4.002909, 3.839709, 3.686205 ] }, { "date": "2025-09-26", "close": 4.054, "volume": 2715916, "typical_volume": 2536153.4, "trend": 3.522791, "fair_value": 2.567136, "relative_strength": 7.815288, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.819615, "energy": 61.389738, "activity_lines": [ 4.116, 4.031418, 3.872931, 3.721646 ] }, { "date": "2025-10-03", "close": 4.206, "volume": 2394255, "typical_volume": 2550212.5, "trend": 3.552514, "fair_value": 2.584333, "relative_strength": 9.926232, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 72.795997, "energy": 62.631941, "activity_lines": [ 4.146267, 4.081345, 3.916415, 3.765724 ] }, { "date": "2025-10-10", "close": 4.196, "volume": 2042387, "typical_volume": 2537442.05, "trend": 3.58649, "fair_value": 2.601012, "relative_strength": 12.371546, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.610386, "energy": 59.715829, "activity_lines": [ 4.1676, 4.120145, 3.955143, 3.807239 ] }, { "date": "2025-10-17", "close": 4.23, "volume": 2048090, "typical_volume": 2510977.35, "trend": 3.623279, "fair_value": 2.617489, "relative_strength": 13.574698, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.839592, "energy": 57.013882, "activity_lines": [ 4.191333, 4.153382, 3.993649, 3.848756 ] }, { "date": "2025-10-24", "close": 4.356, "volume": 2182411, "typical_volume": 2545474.55, "trend": 3.664591, "fair_value": 2.634319, "relative_strength": 14.40717, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 76.975339, "energy": 61.604987, "activity_lines": [ 4.250267, 4.199491, 4.041457, 3.896029 ] }, { "date": "2025-10-31", "close": 4.372, "volume": 1609510, "typical_volume": 2497280.55, "trend": 3.714319, "fair_value": 2.651118, "relative_strength": 12.459842, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 73.272856, "energy": 61.528584, "activity_lines": [ 4.3048, 4.2384, 4.087286, 3.941668 ] }, { "date": "2025-11-07", "close": 4.262, "volume": 1985354, "typical_volume": 2332997.65, "trend": 3.761349, "fair_value": 2.666263, "relative_strength": 9.907908, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.231174, "energy": 55.667626, "activity_lines": [ 4.301467, 4.250836, 4.117962, 3.977002 ] }, { "date": "2025-11-14", "close": 4.446, "volume": 2902389, "typical_volume": 2351517.25, "trend": 3.811929, "fair_value": 2.682237, "relative_strength": 11.439111, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 75.255406, "energy": 60.43373, "activity_lines": [ 4.355733, 4.294182, 4.162295, 4.021173 ] }, { "date": "2025-11-21", "close": 4.306, "volume": 1552088, "typical_volume": 2296664.0, "trend": 3.854223, "fair_value": 2.697197, "relative_strength": 10.816511, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.554871, "energy": 51.436495, "activity_lines": [ 4.346667, 4.305091, 4.189352, 4.053049 ] }, { "date": "2025-11-28", "close": 4.47, "volume": 2449795, "typical_volume": 2275714.85, "trend": 3.900046, "fair_value": 2.712171, "relative_strength": 12.687412, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 70.958095, "energy": 53.790135, "activity_lines": [ 4.3872, 4.342582, 4.228486, 4.092776 ] }, { "date": "2025-12-05", "close": 4.446, "volume": 1254550, "typical_volume": 2220221.8, "trend": 3.942614, "fair_value": 2.726771, "relative_strength": 11.496338, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.147625, "energy": 53.647607, "activity_lines": [ 4.412133, 4.370982, 4.262057, 4.127999 ] }, { "date": "2025-12-12", "close": 4.454, "volume": 1522270, "typical_volume": 2205043.45, "trend": 3.977502, "fair_value": 2.742365, "relative_strength": 11.382097, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.167841, "energy": 50.26152, "activity_lines": [ 4.4348, 4.393709, 4.292895, 4.160992 ] }, { "date": "2025-12-19", "close": 4.67, "volume": 5483626, "typical_volume": 2378266.75, "trend": 4.017523, "fair_value": 2.759892, "relative_strength": 13.395143, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 81.676866, "energy": 67.947035, "activity_lines": [ 4.516667, 4.4512, 4.340686, 4.205669 ] }, { "date": "2025-12-26", "close": 4.78, "volume": 1249925, "typical_volume": 2356319.75, "trend": 4.054749, "fair_value": 2.778263, "relative_strength": 16.212799, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 83.653431, "energy": 82.217347, "activity_lines": [ 4.620267, 4.520073, 4.393619, 4.254861 ] }, { "date": "2026-01-02", "close": 4.84, "volume": 1079293, "typical_volume": 2289283.7, "trend": 4.095397, "fair_value": 2.79618, "relative_strength": 15.385532, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 83.589234, "energy": 89.66805, "activity_lines": [ 4.712267, 4.589855, 4.447019, 4.305522 ] }, { "date": "2026-01-09", "close": 4.866, "volume": 2412706, "typical_volume": 2269713.45, "trend": 4.1446, "fair_value": 2.81374, "relative_strength": 14.750386, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 78.688397, "energy": 90.125142, "activity_lines": [ 4.788267, 4.655564, 4.497943, 4.355239 ] }, { "date": "2026-01-16", "close": 4.72, "volume": 2923516, "typical_volume": 2306915.5, "trend": 4.186933, "fair_value": 2.830713, "relative_strength": 10.80188, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.397402, "energy": 75.123138, "activity_lines": [ 4.7876, 4.685745, 4.530914, 4.392361 ] }, { "date": "2026-01-23", "close": 4.77, "volume": 2456109, "typical_volume": 2339832.6, "trend": 4.225333, "fair_value": 2.848356, "relative_strength": 13.986755, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.470872, "energy": 56.63248, "activity_lines": [ 4.785867, 4.716691, 4.5658, 4.429978 ] }, { "date": "2026-01-30", "close": 4.762, "volume": 2498559, "typical_volume": 2393679.0, "trend": 4.265333, "fair_value": 2.864026, "relative_strength": 11.768089, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 59.800922, "energy": 49.306918, "activity_lines": [ 4.7748, 4.740291, 4.596552, 4.464602 ] }, { "date": "2026-02-06", "close": 5.0, "volume": 2899636, "typical_volume": 2283119.25, "trend": 4.305933, "fair_value": 2.880848, "relative_strength": 16.036425, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 74.556627, "energy": 53.757208, "activity_lines": [ 4.844267, 4.798873, 4.646952, 4.512 ] }, { "date": "2026-02-13", "close": 4.928, "volume": 2173287, "typical_volume": 2255987.8, "trend": 4.346467, "fair_value": 2.897232, "relative_strength": 15.149587, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.407281, "energy": 52.035324, "activity_lines": [ 4.879067, 4.834727, 4.686733, 4.552133 ] }, { "date": "2026-02-20", "close": 4.97, "volume": 3169492, "typical_volume": 2294749.65, "trend": 4.389, "fair_value": 2.914246, "relative_strength": 13.151969, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.104246, "energy": 52.309158, "activity_lines": [ 4.923733, 4.869455, 4.726352, 4.592361 ] }, { "date": "2026-02-27", "close": 4.964, "volume": 1933892, "typical_volume": 2289324.9, "trend": 4.436133, "fair_value": 2.93064, "relative_strength": 10.927371, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.691295, "energy": 53.563823, "activity_lines": [ 4.949733, 4.893709, 4.761762, 4.629458 ] }, { "date": "2026-03-06", "close": 4.628, "volume": 2805383, "typical_volume": 2327189.55, "trend": 4.4678, "fair_value": 2.945648, "relative_strength": 10.158562, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 43.329794, "energy": 32.00965, "activity_lines": [ 4.8508, 4.851527, 4.761514, 4.641837 ] }, { "date": "2026-03-13", "close": 4.43, "volume": 2402164, "typical_volume": 2338177.2, "trend": 4.4888, "fair_value": 2.960308, "relative_strength": 4.676895, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 13.651504, "energy": 12.73195, "activity_lines": [ 4.6948, 4.776109, 4.740514, 4.639398 ] }, { "date": "2026-03-20", "close": 4.32, "volume": 2015502, "typical_volume": 2358476.8, "trend": 4.498933, "fair_value": 2.974286, "relative_strength": 5.155175, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": -12.781053, "energy": 26.165149, "activity_lines": [ 4.540133, 4.688145, 4.708686, 4.628508 ] }, { "date": "2026-03-27", "close": 4.3, "volume": 2281446, "typical_volume": 2373281.4, "trend": 4.504867, "fair_value": 2.98781, "relative_strength": 2.984542, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "mixed", "direction": -32.560799, "energy": 41.327573, "activity_lines": [ 4.419333, 4.606473, 4.6752, 4.615673 ] }, { "date": "2026-04-03", "close": 4.558, "volume": 1387258, "typical_volume": 2297524.85, "trend": 4.5214, "fair_value": 3.002626, "relative_strength": 3.443036, "stage": 2, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -21.435892, "energy": 36.747985, "activity_lines": [ 4.4292, 4.579345, 4.666105, 4.619101 ] }, { "date": "2026-04-10", "close": 4.928, "volume": 1976827, "typical_volume": 2318761.8, "trend": 4.548067, "fair_value": 3.019324, "relative_strength": 6.760146, "stage": 2, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "up", "direction": 24.018869, "energy": 19.35556, "activity_lines": [ 4.589467, 4.623345, 4.691714, 4.645333 ] }, { "date": "2026-04-17", "close": 5.22, "volume": 3464856, "typical_volume": 2369514.85, "trend": 4.581733, "fair_value": 3.036893, "relative_strength": 9.617615, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 57.575804, "energy": 34.208166, "activity_lines": [ 4.827067, 4.717418, 4.742171, 4.688684 ] }, { "date": "2026-04-24", "close": 5.008349, "volume": 3148031, "typical_volume": 2464188.9, "trend": 4.613545, "fair_value": 3.053151, "relative_strength": 7.346403, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 57.724596, "energy": 44.810816, "activity_lines": [ 4.94145, 4.769009, 4.7689, 4.716207 ] }, { "date": "2026-05-01", "close": 4.949657, "volume": 1404766, "typical_volume": 2458313.7, "trend": 4.638334, "fair_value": 3.069277, "relative_strength": 4.343568, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 55.64071, "energy": 46.709456, "activity_lines": [ 4.990379, 4.808467, 4.787361, 4.737892 ] }, { "date": "2026-05-08", "close": 5.326262, "volume": 2416907, "typical_volume": 2304977.75, "trend": 4.676009, "fair_value": 3.087585, "relative_strength": 9.315101, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 75.331708, "energy": 74.267416, "activity_lines": [ 5.121532, 4.91677, 4.839329, 4.782275 ] }, { "date": "2026-05-15", "close": 5.06704, "volume": 1755099, "typical_volume": 2330236.45, "trend": 4.70391, "fair_value": 3.104814, "relative_strength": 3.971802, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 58.398804, "energy": 60.120599, "activity_lines": [ 5.115061, 4.971354, 4.863484, 4.807502 ] }, { "date": "2026-05-22", "close": 5.199097, "volume": 1404723, "typical_volume": 2346507.95, "trend": 4.732013, "fair_value": 3.123495, "relative_strength": 5.480396, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 62.642671, "energy": 52.583702, "activity_lines": [ 5.14334, 5.041966, 4.898848, 4.83945 ] }, { "date": "2026-05-29", "close": 5.477881, "volume": 2142612, "typical_volume": 2333003.25, "trend": 4.768876, "fair_value": 3.143707, "relative_strength": 9.585081, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 73.718436, "energy": 60.436116, "activity_lines": [ 5.26594, 5.149282, 4.959054, 4.88757 ] }, { "date": "2026-06-05", "close": 5.893614, "volume": 384970, "typical_volume": 2206075.95, "trend": 4.823263, "fair_value": 3.165966, "relative_strength": 17.586751, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 84.394937, "energy": 75.756869, "activity_lines": [ 5.495815, 5.311134, 5.05594, 4.960134 ] }, { "date": "2026-06-12", "close": 6.260437, "volume": 741139, "typical_volume": 2120327.45, "trend": 4.883745, "fair_value": 3.191695, "relative_strength": 20.195469, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 90.395505, "energy": 91.529867, "activity_lines": [ 5.785035, 5.510706, 5.182172, 5.052855 ] }, { "date": "2026-06-19", "close": 6.28, "volume": 968831, "typical_volume": 2043841.05, "trend": 4.949545, "fair_value": 3.217538, "relative_strength": 16.800609, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 83.436585, "energy": 92.918978, "activity_lines": [ 6.018497, 5.682882, 5.303171, 5.142936 ] }, { "date": "2026-06-26", "close": 6.175, "volume": 357683, "typical_volume": 1916743.4, "trend": 5.006378, "fair_value": 3.241955, "relative_strength": 17.741658, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 71.925472, "energy": 89.134771, "activity_lines": [ 6.136095, 5.811385, 5.406941, 5.221998 ] }, { "date": "2026-07-03", "close": 6.225, "volume": 279601, "typical_volume": 1822059.1, "trend": 5.065678, "fair_value": 3.266944, "relative_strength": 14.600638, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 70.650033, "energy": 88.279207, "activity_lines": [ 6.205299, 5.931615, 5.509877, 5.300618 ] }, { "date": "2026-07-10", "close": 6.195, "volume": 1471476, "typical_volume": 1737158.3, "trend": 5.123711, "fair_value": 3.291477, "relative_strength": 13.994366, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.522108, "energy": 83.750694, "activity_lines": [ 6.214696, 6.02427, 5.60378, 5.373478 ] }, { "date": "2026-07-17", "close": 6.165, "volume": 1149501, "typical_volume": 1697938.75, "trend": 5.173545, "fair_value": 3.31638, "relative_strength": 14.47286, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.430746, "energy": 69.358747, "activity_lines": [ 6.194, 6.088828, 5.688993, 5.440658 ] }, { "date": "2026-07-24", "close": 6.135, "volume": 1353467, "typical_volume": 1625342.95, "trend": 5.218711, "fair_value": 3.340875, "relative_strength": 13.508657, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.060355, "energy": 61.518774, "activity_lines": [ 6.169667, 6.132681, 5.76563, 5.502687 ] }, { "date": "2026-07-31", "close": 6.28, "volume": 1659721, "typical_volume": 1588220.8, "trend": 5.266711, "fair_value": 3.367279, "relative_strength": 14.699423, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.113357, "energy": 59.988475, "activity_lines": [ 6.203333, 6.18348, 5.848899, 5.571157 ] }, { "date": "2026-08-07", "close": 6.34, "volume": 1814901, "typical_volume": 1578190.75, "trend": 5.315845, "fair_value": 3.394402, "relative_strength": 11.858902, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 69.637356, "energy": 61.137551, "activity_lines": [ 6.25, 6.225536, 5.929074, 5.640402 ] } ], "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." } } }