{ "ticker": { "uuid": "7fe0d53c-ff2b-441e-bc8a-e0b7d6d197d2", "symbol": "WENT", "name": "WisdomTree Energy Transition Metals ETC", "exchange": "LSE", "country": "GB", "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": "^FTSE", "stage": 2, "stage_name": "Advancing", "phase": "2b", "phase_label": "Stage 2B \u00b7 Advancing", "transition": "stage_2_healthy", "transition_label": "Stage 2 trend intact", "confidence": 48.888, "architecture_regime": "rotation_down", "architecture_regime_label": "Rotation Down", "architecture_modifier": "Supply rotation", "architecture_gate": "mixed", "architecture_direction": -12.384, "architecture_energy": 16.974, "architecture_maturity": 4.615, "architecture_confidence": 63.702, "architecture_tenure": "New", "architecture": { "interpretation": { "headline": "The Activity Line structure is rotating downward.", "body": "Fast Activity is weakening relative to Slow Activity and price acceptance is deteriorating. Persistent negative Trend confirmation would establish Downward Expansion." }, "scores": { "balance": 53.79, "rotation_up": 20.88, "upward_expansion": 16.7, "deceleration": 58.42, "rotation_down": 49.72, "downward_expansion": 39.36 }, "activity_lines": [ 27.257334, 27.415818, 27.743143, 27.738032 ], "activity_state": "Compressed", "activity_direction": "Stable", "rotation_direction": "Weakening", "price_acceptance": -0.333333 }, "latest_close": 27.775, "trend_reference": 27.65, "distance_from_trend": 0.004521, "trend_direction": "Improving", "fair_value": 21.174213, "distance_from_fair_value": 0.311737, "fair_value_direction": "Weakening", "relative_strength": 1.119143, "relative_strength_direction": "Weakening", "price_momentum": -0.008744, "excess_performance": -0.073793, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.004521, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.059824, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.311737, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.094752, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.011191, "read": "Leading" }, { "label": "Relative strength direction", "positive": false, "value": -0.099857, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.008744, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.785149, "read": "Supply-led" } ], "volume": { "latest": 7719, "relative_activity": 0.281723, "balance": 0.785149, "dry_up": 0.301741, "accumulation_observations": 2, "distribution_observations": 3 }, "risk": { "range_context": 0.040379, "annualized_volatility": 0.248027, "from_high_reference": -0.143804, "from_low_reference": 0.411331 }, "levels": { "trend_reference": 27.65, "fair_value_reference": 21.174213, "structural_low": 24.940001, "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 1, "median_return": 0.002162, "positive_rate": 1.0, "directional_follow_through": 0.0, "median_excess_return": 0.000521, "regime_survival": 0.0, "best_return": 0.002162, "worst_return": 0.002162, "sufficient": false }, { "horizon": "Intermediate", "sample_count": 1, "median_return": 0.064181, "positive_rate": 1.0, "directional_follow_through": 0.0, "median_excess_return": 0.075897, "regime_survival": 0.0, "best_return": 0.064181, "worst_return": 0.064181, "sufficient": false }, { "horizon": "Extended", "sample_count": 1, "median_return": 0.067558, "positive_rate": 1.0, "directional_follow_through": 0.0, "median_excess_return": 0.002378, "regime_survival": 0.0, "best_return": 0.067558, "worst_return": 0.067558, "sufficient": false }, { "horizon": "Full cycle", "sample_count": 1, "median_return": 0.100662, "positive_rate": 1.0, "directional_follow_through": 0.0, "median_excess_return": -0.012902, "regime_survival": 0.0, "best_return": 0.100662, "worst_return": 0.100662, "sufficient": false } ], "ledger": [ { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2024-08-09", "end": "2024-08-30", "tenure": "New", "return": 0.041616, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-09-06", "end": "2024-10-04", "tenure": "Developing", "return": 0.118377, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2024-10-11", "end": "2024-11-01", "tenure": "New", "return": -0.031934, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-11-08", "end": "2024-11-22", "tenure": "New", "return": -0.024886, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2024-11-29", "end": "2025-01-31", "tenure": "Developing", "return": -0.008172, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-02-07", "end": "2025-03-14", "tenure": "Developing", "return": 0.053537, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-03-21", "end": "2025-04-11", "tenure": "New", "return": -0.081655, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-04-18", "end": "2025-06-27", "tenure": "Developing", "return": 0.082163, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-07-04", "end": "2025-08-15", "tenure": "Developing", "return": -0.013587, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-08-22", "end": "2025-09-12", "tenure": "New", "return": 0.036819, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-09-19", "end": "2026-03-13", "tenure": "Established", "return": 0.30501, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-03-20", "end": "2026-04-24", "tenure": "Developing", "return": 0.116089, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-05-01", "end": "2026-07-24", "tenure": "Developing", "return": -0.043977, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2026-07-31", "end": "2026-08-07", "tenure": "New", "return": 0.021891, "active": true } ], "chart_path": [ { "date": "2023-07-28", "close": 19.389999, "volume": 10081, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-08-04", "close": 18.950001, "volume": 1000, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-08-11", "close": 18.272499, "volume": 1, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-08-18", "close": 18.0075, "volume": 1248, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-08-25", "close": 18.469999, "volume": 0, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-09-01", "close": 18.817499, "volume": 40, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-09-08", "close": 18.1525, "volume": 370, "typical_volume": 2353.75, "trend": 19.217083, "fair_value": 20.338882, "relative_strength": -6.407849, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.384337, "energy": 51.469809, "activity_lines": [ 18.381999, 18.5665, 18.702619, 18.923779 ] }, { "date": "2023-09-15", "close": 18.3575, "volume": 26, "typical_volume": 2355.05, "trend": 19.150167, "fair_value": 20.314421, "relative_strength": -8.08131, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -53.783419, "energy": 33.271135, "activity_lines": [ 18.3865, 18.501591, 18.65419, 18.868322 ] }, { "date": "2023-09-22", "close": 18.315001, "volume": 2530, "typical_volume": 2401.55, "trend": 19.101167, "fair_value": 20.290037, "relative_strength": -7.853227, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -55.7078, "energy": 34.336725, "activity_lines": [ 18.371167, 18.433954, 18.609178, 18.814441 ] }, { "date": "2023-09-29", "close": 18.24, "volume": 512, "typical_volume": 2401.15, "trend": 19.043, "fair_value": 20.265338, "relative_strength": -7.191162, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -57.351908, "energy": 38.385165, "activity_lines": [ 18.310334, 18.373727, 18.565476, 18.758882 ] }, { "date": "2023-10-06", "close": 17.682501, "volume": 34670, "typical_volume": 4053.5, "trend": 18.992417, "fair_value": 20.23459, "relative_strength": -8.50032, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -72.397273, "energy": 54.000598, "activity_lines": [ 18.079001, 18.225591, 18.471976, 18.671108 ] }, { "date": "2023-10-13", "close": 17.639999, "volume": 5870, "typical_volume": 4345.0, "trend": 18.937, "fair_value": 20.204066, "relative_strength": -9.799772, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -74.639085, "energy": 69.976316, "activity_lines": [ 17.909167, 18.100773, 18.380167, 18.583855 ] }, { "date": "2023-10-20", "close": 17.7775, "volume": 119, "typical_volume": 4231.35, "trend": 18.868, "fair_value": 20.17585, "relative_strength": -6.577972, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.789335, "energy": 68.23935, "activity_lines": [ 17.819333, 18.024773, 18.305143, 18.509048 ] }, { "date": "2023-10-27", "close": 17.75, "volume": 1632, "typical_volume": 4232.95, "trend": 18.785833, "fair_value": 20.147966, "relative_strength": -5.251919, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.970615, "energy": 69.909632, "activity_lines": [ 17.759, 17.952773, 18.231786, 18.436919 ] }, { "date": "2023-11-03", "close": 17.852501, "volume": 1209, "typical_volume": 4293.1, "trend": 18.722167, "fair_value": 20.121882, "relative_strength": -6.211211, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.754772, "energy": 59.541054, "activity_lines": [ 17.7705, 17.904091, 18.173714, 18.376704 ] }, { "date": "2023-11-10", "close": 17.415001, "volume": 734, "typical_volume": 4166.4, "trend": 18.623167, "fair_value": 20.091467, "relative_strength": -7.532313, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -73.356693, "energy": 54.564902, "activity_lines": [ 17.662001, 17.787091, 18.081607, 18.292371 ] }, { "date": "2023-11-17", "close": 17.65, "volume": 3954, "typical_volume": 4325.05, "trend": 18.533333, "fair_value": 20.06434, "relative_strength": -7.868675, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -59.130264, "energy": 44.553729, "activity_lines": [ 17.649667, 17.738319, 18.016976, 18.229586 ] }, { "date": "2023-11-24", "close": 17.622499, "volume": 745, "typical_volume": 3456.45, "trend": 18.456583, "fair_value": 20.037506, "relative_strength": -7.643603, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -58.942265, "energy": 43.64221, "activity_lines": [ 17.6275, 17.693682, 17.953286, 18.170823 ] }, { "date": "2023-12-01", "close": 17.940001, "volume": 3650, "typical_volume": 3454.45, "trend": 18.384917, "fair_value": 20.014707, "relative_strength": -6.227062, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -46.078625, "energy": 35.081594, "activity_lines": [ 17.7215, 17.720137, 17.924643, 18.137495 ] }, { "date": "2023-12-08", "close": 17.379999, "volume": 68, "typical_volume": 3422.95, "trend": 18.333167, "fair_value": 19.986377, "relative_strength": -9.058884, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.247531, "energy": 41.433499, "activity_lines": [ 17.616166, 17.651591, 17.849964, 18.072661 ] }, { "date": "2023-12-15", "close": 17.932501, "volume": 1668, "typical_volume": 3002.3, "trend": 18.301333, "fair_value": 19.964527, "relative_strength": -6.121765, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -40.695902, "energy": 25.16273, "activity_lines": [ 17.7265, 17.699137, 17.835524, 18.046812 ] }, { "date": "2023-12-22", "close": 18.07, "volume": 1537, "typical_volume": 3029.15, "trend": 18.289833, "fair_value": 19.944585, "relative_strength": -6.568633, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -30.484547, "energy": 15.500972, "activity_lines": [ 17.848167, 17.767137, 17.841119, 18.031887 ] }, { "date": "2023-12-29", "close": 18.1425, "volume": 5000, "typical_volume": 3279.1, "trend": 18.272, "fair_value": 19.925813, "relative_strength": -6.252937, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -21.593218, "energy": 13.164362, "activity_lines": [ 17.966, 17.8405, 17.85781, 18.022382 ] }, { "date": "2024-01-05", "close": 17.6625, "volume": 0, "typical_volume": 3216.7, "trend": 18.230417, "fair_value": 19.90248, "relative_strength": -7.925833, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -33.974002, "energy": 19.738983, "activity_lines": [ 17.889167, 17.819955, 17.829405, 17.983059 ] }, { "date": "2024-01-12", "close": 17.424999, "volume": 427, "typical_volume": 3238.05, "trend": 18.16275, "fair_value": 19.8772, "relative_strength": -8.0444, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -56.113065, "energy": 24.142598, "activity_lines": [ 17.751666, 17.757818, 17.780024, 17.931097 ] }, { "date": "2024-01-19", "close": 17.219999, "volume": 1357, "typical_volume": 3303.9, "trend": 18.120583, "fair_value": 19.850359, "relative_strength": -6.737848, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.27327, "energy": 45.851723, "activity_lines": [ 17.542833, 17.666182, 17.716095, 17.870274 ] }, { "date": "2024-01-26", "close": 17.842501, "volume": 511, "typical_volume": 3310.95, "trend": 18.102083, "fair_value": 19.830281, "relative_strength": -5.151435, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -47.320856, "energy": 38.069406, "activity_lines": [ 17.589, 17.691273, 17.71906, 17.852333 ] }, { "date": "2024-02-02", "close": 17.467501, "volume": 260, "typical_volume": 3322.65, "trend": 18.06325, "fair_value": 19.806887, "relative_strength": -6.584719, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -52.498745, "energy": 40.47635, "activity_lines": [ 17.525334, 17.644682, 17.687786, 17.811393 ] }, { "date": "2024-02-09", "close": 17.105, "volume": 8855, "typical_volume": 3638.9, "trend": 17.984333, "fair_value": 19.780398, "relative_strength": -7.723647, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.871515, "energy": 52.396162, "activity_lines": [ 17.385834, 17.535, 17.626226, 17.74957 ] }, { "date": "2024-02-16", "close": 17.525, "volume": 3445, "typical_volume": 3785.55, "trend": 17.935833, "fair_value": 19.758501, "relative_strength": -6.964591, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -50.774975, "energy": 29.640233, "activity_lines": [ 17.4235, 17.516864, 17.610429, 17.719936 ] }, { "date": "2024-02-23", "close": 17.7425, "volume": 1823, "typical_volume": 2143.2, "trend": 17.880917, "fair_value": 19.739116, "relative_strength": -5.58869, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -44.351428, "energy": 24.70415, "activity_lines": [ 17.527, 17.535636, 17.61875, 17.707462 ] }, { "date": "2024-03-01", "close": 17.872499, "volume": 400, "typical_volume": 1869.7, "trend": 17.845, "fair_value": 19.721339, "relative_strength": -4.460402, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -22.644454, "energy": 11.288305, "activity_lines": [ 17.639, 17.5815, 17.639167, 17.706919 ] }, { "date": "2024-03-08", "close": 18.264999, "volume": 962, "typical_volume": 1911.85, "trend": 17.84475, "fair_value": 19.7076, "relative_strength": -1.99935, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 22.799002, "energy": 19.774294, "activity_lines": [ 17.879833, 17.702318, 17.695857, 17.734016 ] }, { "date": "2024-03-15", "close": 18.7575, "volume": 15991, "typical_volume": 2629.8, "trend": 17.86975, "fair_value": 19.69872, "relative_strength": -0.077457, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 48.037445, "energy": 49.783935, "activity_lines": [ 18.231666, 17.910454, 17.797131, 17.792903 ] }, { "date": "2024-03-22", "close": 18.252501, "volume": 14612, "typical_volume": 3299.95, "trend": 17.8625, "fair_value": 19.685329, "relative_strength": -4.977685, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 32.123699, "energy": 54.231189, "activity_lines": [ 18.305, 18.006864, 17.845512, 17.817597 ] }, { "date": "2024-03-29", "close": 18.1325, "volume": 1500, "typical_volume": 3338.25, "trend": 17.839667, "fair_value": 19.671083, "relative_strength": -5.583551, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 31.563044, "energy": 52.927585, "activity_lines": [ 18.289833, 18.066409, 17.880559, 17.835016 ] }, { "date": "2024-04-05", "close": 19.217501, "volume": 3650, "typical_volume": 3323.05, "trend": 17.875167, "fair_value": 19.66696, "relative_strength": 0.688851, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 82.036483, "energy": 76.776531, "activity_lines": [ 18.610334, 18.306637, 18.015524, 17.923909 ] }, { "date": "2024-04-12", "close": 19.924999, "volume": 920, "typical_volume": 3331.8, "trend": 17.927417, "fair_value": 19.669284, "relative_strength": 3.374181, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 87.955596, "energy": 84.702456, "activity_lines": [ 19.077, 18.6505, 18.210405, 18.056156 ] }, { "date": "2024-04-19", "close": 20.8375, "volume": 2576, "typical_volume": 3278.1, "trend": 18.0115, "fair_value": 19.679715, "relative_strength": 9.413839, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 92.141012, "energy": 95.08341, "activity_lines": [ 19.737167, 19.115591, 18.481226, 18.243903 ] }, { "date": "2024-04-26", "close": 20.372499, "volume": 795, "typical_volume": 3314.45, "trend": 18.082583, "fair_value": 19.685846, "relative_strength": 3.790693, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 76.581038, "energy": 91.113664, "activity_lines": [ 20.103666, 19.428273, 18.693964, 18.396226 ] }, { "date": "2024-05-03", "close": 20.2325, "volume": 2, "typical_volume": 3231.15, "trend": 18.167583, "fair_value": 19.690641, "relative_strength": 2.249948, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.792716, "energy": 87.570175, "activity_lines": [ 20.282166, 19.663727, 18.879119, 18.53493 ] }, { "date": "2024-05-10", "close": 20.5075, "volume": 4091, "typical_volume": 3358.85, "trend": 18.263167, "fair_value": 19.697744, "relative_strength": 0.940501, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 71.292348, "energy": 87.941864, "activity_lines": [ 20.412333, 19.903909, 19.079512, 18.685892 ] }, { "date": "2024-05-17", "close": 21.975, "volume": 0, "typical_volume": 3108.85, "trend": 18.403083, "fair_value": 19.717376, "relative_strength": 8.186138, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 91.895659, "energy": 90.870189, "activity_lines": [ 20.945667, 20.363, 19.408059, 18.925366 ] }, { "date": "2024-05-24", "close": 21.5, "volume": 4400, "typical_volume": 3328.85, "trend": 18.528083, "fair_value": 19.732612, "relative_strength": 7.009135, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 76.534343, "energy": 69.471881, "activity_lines": [ 21.184, 20.668273, 19.673119, 19.125167 ] }, { "date": "2024-05-31", "close": 21.09, "volume": 859, "typical_volume": 3350.45, "trend": 18.636, "fair_value": 19.744115, "relative_strength": 5.425452, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.887744, "energy": 65.571352, "activity_lines": [ 21.2415, 20.849136, 19.880857, 19.290452 ] }, { "date": "2024-06-07", "close": 20.184999, "volume": 901188, "typical_volume": 48342.0, "trend": 18.728333, "fair_value": 19.74782, "relative_strength": 1.31093, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.524781, "energy": 60.984098, "activity_lines": [ 20.9495, 20.813863, 19.984952, 19.390387 ] }, { "date": "2024-06-14", "close": 19.8925, "volume": 428844, "typical_volume": 69758.65, "trend": 18.803083, "fair_value": 19.749026, "relative_strength": 1.133576, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 48.584104, "energy": 41.482313, "activity_lines": [ 20.563166, 20.688091, 20.047071, 19.465494 ] }, { "date": "2024-06-21", "close": 19.93, "volume": 1350, "typical_volume": 69813.15, "trend": 18.88, "fair_value": 19.750521, "relative_strength": 0.253601, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 39.183782, "energy": 27.930038, "activity_lines": [ 20.230333, 20.556863, 20.103, 19.538199 ] }, { "date": "2024-06-28", "close": 19.942499, "volume": 3874, "typical_volume": 69564.1, "trend": 18.94675, "fair_value": 19.752095, "relative_strength": 1.220864, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 31.198484, "energy": 30.415651, "activity_lines": [ 20.038, 20.427818, 20.148393, 19.606747 ] }, { "date": "2024-07-05", "close": 20.557501, "volume": 286502, "typical_volume": 83716.95, "trend": 19.052667, "fair_value": 19.758643, "relative_strength": 3.887294, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 36.897402, "energy": 27.970685, "activity_lines": [ 20.1545, 20.426864, 20.238845, 19.710667 ] }, { "date": "2024-07-12", "close": 20.18, "volume": 2432, "typical_volume": 83747.4, "trend": 19.127583, "fair_value": 19.762041, "relative_strength": 1.514914, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 33.227551, "energy": 20.64705, "activity_lines": [ 20.180667, 20.353909, 20.278905, 19.783398 ] }, { "date": "2024-07-19", "close": 19.059999, "volume": 9117, "typical_volume": 84183.25, "trend": 19.160583, "fair_value": 19.756425, "relative_strength": -2.868251, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -5.697871, "energy": 12.800166, "activity_lines": [ 19.833833, 20.078272, 20.20069, 19.779037 ] }, { "date": "2024-07-26", "close": 18.385, "volume": 2188, "typical_volume": 84244.55, "trend": 19.168667, "fair_value": 19.74554, "relative_strength": -7.555587, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -20.869304, "energy": 29.183703, "activity_lines": [ 19.3175, 19.706227, 20.052536, 19.729 ] }, { "date": "2024-08-02", "close": 18.497499, "volume": 136487, "typical_volume": 90269.35, "trend": 19.1965, "fair_value": 19.735713, "relative_strength": -5.543546, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -37.581722, "energy": 58.518388, "activity_lines": [ 18.941666, 19.419909, 19.914524, 19.685699 ] }, { "date": "2024-08-09", "close": 18.502501, "volume": 128520, "typical_volume": 95964.75, "trend": 19.232417, "fair_value": 19.726079, "relative_strength": -5.317552, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -32.310128, "energy": 65.191473, "activity_lines": [ 18.663833, 19.189091, 19.778226, 19.640925 ] }, { "date": "2024-08-16", "close": 18.8375, "volume": 433683, "typical_volume": 117573.9, "trend": 19.286333, "fair_value": 19.71919, "relative_strength": -5.102743, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -28.693229, "energy": 65.490283, "activity_lines": [ 18.634667, 19.066227, 19.672643, 19.615446 ] }, { "date": "2024-08-23", "close": 19.577499, "volume": 274153, "typical_volume": 131099.05, "trend": 19.344167, "fair_value": 19.718101, "relative_strength": -1.437367, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -34.062847, "energy": 44.240535, "activity_lines": [ 18.941666, 19.102409, 19.634178, 19.634231 ] }, { "date": "2024-08-30", "close": 19.272499, "volume": 10516, "typical_volume": 131578.85, "trend": 19.404333, "fair_value": 19.714699, "relative_strength": -3.366591, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -18.241962, "energy": 21.040329, "activity_lines": [ 19.112499, 19.088863, 19.564952, 19.629607 ] }, { "date": "2024-09-06", "close": 18.5425, "volume": 3851, "typical_volume": 131642.6, "trend": 19.45225, "fair_value": 19.705819, "relative_strength": -4.685826, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -31.67123, "energy": 23.759863, "activity_lines": [ 18.980833, 18.954545, 19.429309, 19.574005 ] }, { "date": "2024-09-13", "close": 19.2425, "volume": 5760, "typical_volume": 131890.85, "trend": 19.5095, "fair_value": 19.702335, "relative_strength": -2.13951, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -12.53189, "energy": 12.393646, "activity_lines": [ 19.0795, 18.972954, 19.371262, 19.560473 ] }, { "date": "2024-09-20", "close": 19.5075, "volume": 1550, "typical_volume": 131968.25, "trend": 19.568333, "fair_value": 19.700881, "relative_strength": -0.261568, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "down", "direction": -36.802838, "energy": 21.153423, "activity_lines": [ 19.217166, 19.063454, 19.343833, 19.560344 ] }, { "date": "2024-09-27", "close": 20.4, "volume": 4730, "typical_volume": 132000.2, "trend": 19.652583, "fair_value": 19.70606, "relative_strength": 3.118186, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "down", "direction": -3.599438, "energy": 10.805597, "activity_lines": [ 19.607667, 19.328454, 19.404857, 19.614 ] }, { "date": "2024-10-04", "close": 20.737499, "volume": 1224, "typical_volume": 132061.4, "trend": 19.735, "fair_value": 19.713644, "relative_strength": 5.209698, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": 35.709334, "energy": 36.900665, "activity_lines": [ 20.055833, 19.630454, 19.498535, 19.683994 ] }, { "date": "2024-10-11", "close": 20.432501, "volume": 716, "typical_volume": 131877.2, "trend": 19.790833, "fair_value": 19.718891, "relative_strength": 3.87061, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 25.546394, "energy": 43.8263, "activity_lines": [ 20.304667, 19.834227, 19.569059, 19.728994 ] }, { "date": "2024-10-18", "close": 20.045, "volume": 0, "typical_volume": 131834.25, "trend": 19.850583, "fair_value": 19.721254, "relative_strength": 0.628295, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 23.485367, "energy": 48.782625, "activity_lines": [ 20.298333, 19.932364, 19.607762, 19.745392 ] }, { "date": "2024-10-25", "close": 20.09, "volume": 3545, "typical_volume": 86952.1, "trend": 19.915833, "fair_value": 19.723907, "relative_strength": 2.1921, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 22.387226, "energy": 50.795992, "activity_lines": [ 20.2535, 20.010636, 19.655726, 19.760839 ] }, { "date": "2024-11-01", "close": 19.780001, "volume": 7552, "typical_volume": 65887.5, "trend": 19.934583, "fair_value": 19.724308, "relative_strength": 1.486239, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 16.179387, "energy": 19.167331, "activity_lines": [ 20.0665, 20.009773, 19.674619, 19.752075 ] }, { "date": "2024-11-08", "close": 19.690001, "volume": 830, "typical_volume": 65861.5, "trend": 19.92675, "fair_value": 19.724064, "relative_strength": 2.275622, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -0.492951, "energy": 6.692628, "activity_lines": [ 19.890834, 19.988864, 19.685476, 19.736296 ] }, { "date": "2024-11-15", "close": 18.997499, "volume": 462, "typical_volume": 65690.9, "trend": 19.865417, "fair_value": 19.718948, "relative_strength": -1.216912, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -49.916309, "energy": 32.128353, "activity_lines": [ 19.554167, 19.834455, 19.631524, 19.676344 ] }, { "date": "2024-11-22", "close": 19.200001, "volume": 10638, "typical_volume": 51897.7, "trend": 19.826333, "fair_value": 19.715319, "relative_strength": -2.53935, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -46.358696, "energy": 36.156063, "activity_lines": [ 19.380667, 19.708591, 19.601357, 19.633414 ] }, { "date": "2024-11-29", "close": 19.272499, "volume": 2489, "typical_volume": 51900.55, "trend": 19.794333, "fair_value": 19.712244, "relative_strength": -2.423877, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -44.167782, "energy": 36.717663, "activity_lines": [ 19.287667, 19.596682, 19.58456, 19.597683 ] }, { "date": "2024-12-06", "close": 19.3475, "volume": 2128, "typical_volume": 51551.1, "trend": 19.755667, "fair_value": 19.709728, "relative_strength": -2.317333, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -44.741236, "energy": 38.603574, "activity_lines": [ 19.274167, 19.502682, 19.579226, 19.568855 ] }, { "date": "2024-12-13", "close": 19.200001, "volume": 5700, "typical_volume": 51726.7, "trend": 19.663167, "fair_value": 19.706237, "relative_strength": -2.923032, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -47.716395, "energy": 41.723251, "activity_lines": [ 19.240334, 19.401, 19.558476, 19.533005 ] }, { "date": "2024-12-20", "close": 18.73, "volume": 1668, "typical_volume": 44985.75, "trend": 19.570833, "fair_value": 19.699596, "relative_strength": -2.748611, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.372018, "energy": 49.804466, "activity_lines": [ 19.0825, 19.241818, 19.489083, 19.472801 ] }, { "date": "2024-12-27", "close": 18.844999, "volume": 8, "typical_volume": 38560.15, "trend": 19.496, "fair_value": 19.693821, "relative_strength": -2.907874, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -58.316835, "energy": 57.236902, "activity_lines": [ 18.980833, 19.1345, 19.429536, 19.425973 ] }, { "date": "2025-01-03", "close": 18.555, "volume": 5, "typical_volume": 16876.25, "trend": 19.441667, "fair_value": 19.686178, "relative_strength": -5.233344, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -75.551594, "energy": 72.649172, "activity_lines": [ 18.806167, 18.996273, 19.340738, 19.365263 ] }, { "date": "2025-01-10", "close": 19.145, "volume": 964, "typical_volume": 3216.8, "trend": 19.41675, "fair_value": 19.68257, "relative_strength": -2.53859, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.402423, "energy": 60.142204, "activity_lines": [ 18.876, 18.993227, 19.309476, 19.346124 ] }, { "date": "2025-01-17", "close": 19.445, "volume": 28390, "typical_volume": 4110.5, "trend": 19.400583, "fair_value": 19.680997, "relative_strength": -3.982361, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -38.82612, "energy": 27.328656, "activity_lines": [ 19.059333, 19.056273, 19.308845, 19.347946 ] }, { "date": "2025-01-24", "close": 19.2225, "volume": 8332, "typical_volume": 4334.55, "trend": 19.376583, "fair_value": 19.677981, "relative_strength": -4.991416, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -37.244343, "energy": 19.481966, "activity_lines": [ 19.152167, 19.083318, 19.286202, 19.336457 ] }, { "date": "2025-01-31", "close": 19.115, "volume": 19330, "typical_volume": 5013.05, "trend": 19.3285, "fair_value": 19.674301, "relative_strength": -7.324426, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -31.184308, "energy": 19.530831, "activity_lines": [ 19.176333, 19.086727, 19.250083, 19.319581 ] }, { "date": "2025-02-07", "close": 19.752501, "volume": 4982, "typical_volume": 5184.65, "trend": 19.31425, "fair_value": 19.674809, "relative_strength": -4.534161, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 19.773708, "energy": 19.042952, "activity_lines": [ 19.395, 19.207591, 19.275286, 19.346936 ] }, { "date": "2025-02-14", "close": 19.752501, "volume": 29346, "typical_volume": 6415.45, "trend": 19.337333, "fair_value": 19.67531, "relative_strength": -4.875863, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 30.160862, "energy": 24.330148, "activity_lines": [ 19.533834, 19.319728, 19.299322, 19.37521 ] }, { "date": "2025-02-21", "close": 19.934999, "volume": 15229, "typical_volume": 7115.7, "trend": 19.389, "fair_value": 19.676975, "relative_strength": -3.186397, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 37.045522, "energy": 36.443386, "activity_lines": [ 19.693, 19.457682, 19.343822, 19.413769 ] }, { "date": "2025-02-28", "close": 19.375, "volume": 6299, "typical_volume": 7394.85, "trend": 19.41825, "fair_value": 19.634546, "relative_strength": -7.416148, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 15.259177, "energy": 24.633649, "activity_lines": [ 19.632833, 19.480455, 19.33881, 19.412866 ] }, { "date": "2025-03-07", "close": 20.23, "volume": 20777, "typical_volume": 8433.7, "trend": 19.475833, "fair_value": 19.581349, "relative_strength": -1.84209, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 33.272993, "energy": 43.440411, "activity_lines": [ 19.8475, 19.646955, 19.420262, 19.465237 ] }, { "date": "2025-03-14", "close": 20.809999, "volume": 20750, "typical_volume": 9293.95, "trend": 19.541583, "fair_value": 19.539317, "relative_strength": 1.54263, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 79.141018, "energy": 66.992047, "activity_lines": [ 20.181166, 19.893727, 19.556071, 19.551312 ] }, { "date": "2025-03-21", "close": 20.605, "volume": 7439, "typical_volume": 9288.3, "trend": 19.575833, "fair_value": 19.503022, "relative_strength": 0.307496, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 70.376528, "energy": 67.695851, "activity_lines": [ 20.376, 20.062227, 19.668929, 19.619919 ] }, { "date": "2025-03-28", "close": 20.797501, "volume": 33024, "typical_volume": 10898.0, "trend": 19.626667, "fair_value": 19.470969, "relative_strength": 1.003547, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 71.715059, "energy": 75.010862, "activity_lines": [ 20.578167, 20.239182, 19.796191, 19.698737 ] }, { "date": "2025-04-04", "close": 18.932501, "volume": 8298, "typical_volume": 11289.8, "trend": 19.639667, "fair_value": 19.427398, "relative_strength": -1.097489, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 33.780741, "energy": 28.107193, "activity_lines": [ 20.101167, 20.052455, 19.74056, 19.653952 ] }, { "date": "2025-04-11", "close": 18.922501, "volume": 17123, "typical_volume": 11614.05, "trend": 19.629, "fair_value": 19.383872, "relative_strength": 0.071239, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "mixed", "direction": -14.479544, "energy": 11.456795, "activity_lines": [ 19.650334, 19.869182, 19.684286, 19.607683 ] }, { "date": "2025-04-18", "close": 19.047501, "volume": 25687, "typical_volume": 12773.95, "trend": 19.613667, "fair_value": 19.344455, "relative_strength": -2.793639, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -16.524843, "energy": 22.916951, "activity_lines": [ 19.328334, 19.712137, 19.641238, 19.570167 ] }, { "date": "2025-04-25", "close": 19.487499, "volume": 6677, "typical_volume": 13001.4, "trend": 19.58325, "fair_value": 19.314856, "relative_strength": -2.049104, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -12.740472, "energy": 25.766575, "activity_lines": [ 19.2705, 19.647909, 19.641167, 19.562027 ] }, { "date": "2025-05-02", "close": 19.15, "volume": 9871, "typical_volume": 13209.95, "trend": 19.530333, "fair_value": 19.290401, "relative_strength": -5.592326, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -16.786697, "energy": 25.521362, "activity_lines": [ 19.174667, 19.527137, 19.608286, 19.534075 ] }, { "date": "2025-05-09", "close": 19.3325, "volume": 7890, "typical_volume": 13521.05, "trend": 19.493667, "fair_value": 19.276506, "relative_strength": -4.094917, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -14.651886, "energy": 24.096189, "activity_lines": [ 19.2495, 19.453818, 19.593024, 19.521312 ] }, { "date": "2025-05-16", "close": 19.372499, "volume": 19036, "typical_volume": 14472.45, "trend": 19.47125, "fair_value": 19.257484, "relative_strength": -5.039051, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -10.920153, "energy": 11.742302, "activity_lines": [ 19.311, 19.388545, 19.578702, 19.513495 ] }, { "date": "2025-05-23", "close": 19.6775, "volume": 13351, "typical_volume": 15139.75, "trend": 19.4575, "fair_value": 19.239583, "relative_strength": -3.655002, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 6.318576, "energy": 6.296017, "activity_lines": [ 19.444166, 19.394318, 19.590917, 19.526801 ] }, { "date": "2025-05-30", "close": 19.235001, "volume": 6052, "typical_volume": 15394.15, "trend": 19.439333, "fair_value": 19.219744, "relative_strength": -6.131404, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -0.302562, "energy": 3.270731, "activity_lines": [ 19.387833, 19.340227, 19.555643, 19.512446 ] }, { "date": "2025-06-06", "close": 19.9625, "volume": 7206, "typical_volume": 14334.95, "trend": 19.448417, "fair_value": 19.207099, "relative_strength": -3.152211, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 21.443214, "energy": 13.042855, "activity_lines": [ 19.590833, 19.443318, 19.589226, 19.546199 ] }, { "date": "2025-06-13", "close": 19.8375, "volume": 5000, "typical_volume": 14168.35, "trend": 19.476417, "fair_value": 19.201795, "relative_strength": -3.73771, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 39.199658, "energy": 23.144583, "activity_lines": [ 19.698, 19.538864, 19.608441, 19.571301 ] }, { "date": "2025-06-20", "close": 19.9725, "volume": 1831, "typical_volume": 13293.4, "trend": 19.502167, "fair_value": 19.206426, "relative_strength": -2.128531, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 53.174298, "energy": 33.239252, "activity_lines": [ 19.8165, 19.6425, 19.637583, 19.603307 ] }, { "date": "2025-06-27", "close": 20.612499, "volume": 2536, "typical_volume": 13171.1, "trend": 19.546833, "fair_value": 19.219135, "relative_strength": 0.813287, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 73.257276, "energy": 61.251777, "activity_lines": [ 20.108333, 19.843409, 19.723595, 19.674941 ] }, { "date": "2025-07-04", "close": 20.6075, "volume": 3359, "typical_volume": 11871.75, "trend": 19.588833, "fair_value": 19.233461, "relative_strength": 0.6564, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 71.707521, "energy": 71.984846, "activity_lines": [ 20.336166, 20.014954, 19.805036, 19.743371 ] }, { "date": "2025-07-11", "close": 21.2125, "volume": 11488, "typical_volume": 11684.7, "trend": 19.655917, "fair_value": 19.258574, "relative_strength": 2.303439, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 87.356159, "energy": 86.123718, "activity_lines": [ 20.674166, 20.276136, 19.940024, 19.848124 ] }, { "date": "2025-07-18", "close": 21.24, "volume": 23862, "typical_volume": 12562.85, "trend": 19.739583, "fair_value": 19.277933, "relative_strength": 1.833924, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 79.827241, "energy": 85.59447, "activity_lines": [ 20.938, 20.504818, 20.071548, 19.950323 ] }, { "date": "2025-07-25", "close": 21.530001, "volume": 1286, "typical_volume": 11588.3, "trend": 19.829083, "fair_value": 19.293429, "relative_strength": 1.653841, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 81.011895, "energy": 88.27879, "activity_lines": [ 21.205, 20.751546, 20.22181, 20.065833 ] }, { "date": "2025-08-01", "close": 19.875, "volume": 24906, "typical_volume": 11796.1, "trend": 19.873083, "fair_value": 19.299744, "relative_strength": -5.569625, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 53.819823, "energy": 44.307792, "activity_lines": [ 20.8165, 20.658136, 20.208262, 20.068796 ] }, { "date": "2025-08-08", "close": 20.365, "volume": 3159, "typical_volume": 11582.1, "trend": 19.91375, "fair_value": 19.303798, "relative_strength": -3.508838, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 45.13426, "energy": 31.764104, "activity_lines": [ 20.6405, 20.650227, 20.245833, 20.100532 ] }, { "date": "2025-08-15", "close": 20.327499, "volume": 13087, "typical_volume": 10585.25, "trend": 19.943167, "fair_value": 19.313317, "relative_strength": -4.108278, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 37.580654, "energy": 19.612489, "activity_lines": [ 20.468166, 20.614954, 20.280976, 20.127226 ] }, { "date": "2025-08-22", "close": 20.370001, "volume": 7360, "typical_volume": 10538.35, "trend": 19.981417, "fair_value": 19.322981, "relative_strength": -5.659637, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 30.041541, "energy": 24.724668, "activity_lines": [ 20.369, 20.580773, 20.322405, 20.154764 ] }, { "date": "2025-08-29", "close": 20.584999, "volume": 2607, "typical_volume": 9812.55, "trend": 20.030417, "fair_value": 19.343045, "relative_strength": -3.224018, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 32.828758, "energy": 18.979161, "activity_lines": [ 20.3995, 20.576, 20.377464, 20.193704 ] }, { "date": "2025-09-05", "close": 20.6625, "volume": 8800, "typical_volume": 8968.2, "trend": 20.06075, "fair_value": 19.358478, "relative_strength": -3.062056, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 38.353338, "energy": 19.760237, "activity_lines": [ 20.518833, 20.574182, 20.431988, 20.234484 ] }, { "date": "2025-09-12", "close": 21.120001, "volume": 9017, "typical_volume": 9085.2, "trend": 20.106333, "fair_value": 19.374455, "relative_strength": -1.675718, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 64.404619, "energy": 36.650742, "activity_lines": [ 20.738167, 20.654636, 20.522393, 20.302823 ] }, { "date": "2025-09-19", "close": 21.0075, "volume": 7366, "typical_volume": 8959.95, "trend": 20.142083, "fair_value": 19.394471, "relative_strength": -1.418199, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 58.914855, "energy": 43.29445, "activity_lines": [ 20.869667, 20.705318, 20.59431, 20.360962 ] }, { "date": "2025-09-26", "close": 21.379999, "volume": 29402, "typical_volume": 10035.55, "trend": 20.208917, "fair_value": 19.417564, "relative_strength": -0.282466, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 68.554819, "energy": 59.515645, "activity_lines": [ 21.08, 20.827454, 20.692857, 20.440828 ] }, { "date": "2025-10-03", "close": 22.309999, "volume": 29986, "typical_volume": 10583.05, "trend": 20.27825, "fair_value": 19.44399, "relative_strength": 1.921726, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 84.705936, "energy": 78.225096, "activity_lines": [ 21.533, 21.116136, 20.870226, 20.576382 ] }, { "date": "2025-10-10", "close": 22.18, "volume": 4249, "typical_volume": 10127.95, "trend": 20.323917, "fair_value": 19.472244, "relative_strength": 2.118183, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 77.572223, "energy": 81.03894, "activity_lines": [ 21.827666, 21.367, 21.021226, 20.699075 ] }, { "date": "2025-10-17", "close": 22.247499, "volume": 19308, "typical_volume": 10790.75, "trend": 20.378667, "fair_value": 19.501587, "relative_strength": 3.244394, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 74.676268, "energy": 83.86265, "activity_lines": [ 22.043666, 21.588227, 21.166738, 20.823177 ] }, { "date": "2025-10-24", "close": 22.617189, "volume": 12000, "typical_volume": 11030.45, "trend": 20.439323, "fair_value": 19.533203, "relative_strength": 1.870588, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 78.985989, "energy": 87.865119, "activity_lines": [ 22.307729, 21.842443, 21.333113, 20.967598 ] }, { "date": "2025-10-31", "close": 22.615, "volume": 14052, "typical_volume": 11483.05, "trend": 20.562073, "fair_value": 19.557145, "relative_strength": 1.186599, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 75.849387, "energy": 89.863223, "activity_lines": [ 22.46375, 22.054631, 21.486638, 21.107964 ] }, { "date": "2025-11-07", "close": 22.445, "volume": 4767, "typical_volume": 11629.85, "trend": 20.67949, "fair_value": 19.571921, "relative_strength": 0.888023, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 67.085892, "energy": 84.133969, "activity_lines": [ 22.480771, 22.195091, 21.610747, 21.229443 ] }, { "date": "2025-11-14", "close": 22.85, "volume": 6370, "typical_volume": 11821.55, "trend": 20.80624, "fair_value": 19.592658, "relative_strength": 2.541036, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 75.876945, "energy": 80.540779, "activity_lines": [ 22.623792, 22.375369, 21.761653, 21.369476 ] }, { "date": "2025-11-21", "close": 22.334999, "volume": 9458, "typical_volume": 12126.5, "trend": 20.901156, "fair_value": 19.611104, "relative_strength": 1.882492, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.321064, "energy": 56.309013, "activity_lines": [ 22.550479, 22.422238, 21.852857, 21.468106 ] }, { "date": "2025-11-28", "close": 23.325001, "volume": 20121, "typical_volume": 12558.15, "trend": 21.040323, "fair_value": 19.626937, "relative_strength": 4.354811, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 79.895406, "energy": 61.406538, "activity_lines": [ 22.801333, 22.627017, 22.03012, 21.624483 ] }, { "date": "2025-12-05", "close": 23.842501, "volume": 25001, "typical_volume": 12615.1, "trend": 21.190656, "fair_value": 19.641857, "relative_strength": 7.136979, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 84.33986, "energy": 67.823891, "activity_lines": [ 23.1775, 22.88375, 22.24661, 21.805269 ] }, { "date": "2025-12-12", "close": 23.955, "volume": 84548, "typical_volume": 16778.2, "trend": 21.343406, "fair_value": 19.663267, "relative_strength": 7.690843, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 78.879842, "energy": 67.541759, "activity_lines": [ 23.509334, 23.116165, 22.461421, 21.983614 ] }, { "date": "2025-12-19", "close": 24.754999, "volume": 47893, "typical_volume": 17927.55, "trend": 21.512656, "fair_value": 19.687883, "relative_strength": 8.327596, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 87.492568, "energy": 91.10872, "activity_lines": [ 24.007167, 23.464125, 22.740875, 22.203716 ] }, { "date": "2025-12-26", "close": 25.645, "volume": 7736, "typical_volume": 18156.4, "trend": 21.726323, "fair_value": 19.715319, "relative_strength": 12.258598, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 86.641959, "energy": 86.957676, "activity_lines": [ 24.674667, 23.927085, 23.081853, 22.470319 ] }, { "date": "2026-01-02", "close": 25.790001, "volume": 7158, "typical_volume": 17859.95, "trend": 21.920573, "fair_value": 19.747049, "relative_strength": 11.669928, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 82.475614, "energy": 85.558258, "activity_lines": [ 25.169834, 24.354637, 23.411497, 22.732492 ] }, { "date": "2026-01-09", "close": 27.26, "volume": 100491, "typical_volume": 22516.5, "trend": 22.16799, "fair_value": 19.782145, "relative_strength": 15.656323, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 90.641662, "energy": 90.125218, "activity_lines": [ 25.990667, 24.991773, 23.85513, 23.076971 ] }, { "date": "2026-01-16", "close": 28.02, "volume": 158601, "typical_volume": 30316.2, "trend": 22.43624, "fair_value": 19.818972, "relative_strength": 17.158217, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 88.113716, "energy": 83.636003, "activity_lines": [ 26.837, 25.682636, 24.338333, 23.45452 ] }, { "date": "2026-01-23", "close": 29.844999, "volume": 63038, "typical_volume": 33028.1, "trend": 22.74399, "fair_value": 19.866472, "relative_strength": 25.217269, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 93.132317, "energy": 95.357925, "activity_lines": [ 28.020666, 26.603954, 24.959942, 23.932505 ] }, { "date": "2026-01-30", "close": 28.905001, "volume": 37313, "typical_volume": 34442.9, "trend": 23.020573, "fair_value": 19.913267, "relative_strength": 19.712302, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 73.955062, "energy": 72.345015, "activity_lines": [ 28.551667, 27.227182, 25.448301, 24.329989 ] }, { "date": "2026-02-06", "close": 27.040001, "volume": 351099, "typical_volume": 51629.55, "trend": 23.214823, "fair_value": 19.952786, "relative_strength": 10.105896, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.334605, "energy": 62.038532, "activity_lines": [ 28.243667, 27.391864, 25.721969, 24.589307 ] }, { "date": "2026-02-13", "close": 26.855, "volume": 56791, "typical_volume": 52999.0, "trend": 23.40199, "fair_value": 19.994389, "relative_strength": 8.279221, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.516826, "energy": 53.138406, "activity_lines": [ 27.790667, 27.455364, 25.949292, 24.824157 ] }, { "date": "2026-02-20", "close": 27.135, "volume": 41685, "typical_volume": 53583.95, "trend": 23.588823, "fair_value": 20.041504, "relative_strength": 6.741155, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 47.445701, "energy": 37.302674, "activity_lines": [ 27.458, 27.515, 26.17721, 25.064997 ] }, { "date": "2026-02-27", "close": 28.799999, "volume": 19112, "typical_volume": 54327.1, "trend": 23.886323, "fair_value": 20.098011, "relative_strength": 10.574334, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 56.88344, "energy": 37.367259, "activity_lines": [ 27.739333, 27.819545, 26.540723, 25.401202 ] }, { "date": "2026-03-06", "close": 27.940001, "volume": 38624, "typical_volume": 55292.9, "trend": 24.138823, "fair_value": 20.154036, "relative_strength": 13.446955, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 45.774009, "energy": 32.910536, "activity_lines": [ 27.803667, 27.894182, 26.790808, 25.662729 ] }, { "date": "2026-03-13", "close": 27.415001, "volume": 31136, "typical_volume": 56249.7, "trend": 24.375073, "fair_value": 20.20604, "relative_strength": 11.337899, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 43.28752, "energy": 31.655236, "activity_lines": [ 27.757334, 27.831637, 26.963786, 25.874096 ] }, { "date": "2026-03-20", "close": 25.67, "volume": 53445, "typical_volume": 58219.35, "trend": 24.55174, "fair_value": 20.243363, "relative_strength": 7.678257, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 33.378666, "energy": 21.7112, "activity_lines": [ 27.104334, 27.422273, 26.947726, 25.957639 ] }, { "date": "2026-03-27", "close": 26.200001, "volume": 44500, "typical_volume": 60206.0, "trend": 24.738906, "fair_value": 20.281729, "relative_strength": 9.162069, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 30.783141, "energy": 17.810285, "activity_lines": [ 26.707001, 27.138182, 26.967596, 26.063979 ] }, { "date": "2026-04-03", "close": 26.85, "volume": 34891, "typical_volume": 61632.05, "trend": 24.945156, "fair_value": 20.327161, "relative_strength": 6.654598, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 18.597539, "energy": 15.003132, "activity_lines": [ 26.588667, 27.005364, 27.031488, 26.200178 ] }, { "date": "2026-04-10", "close": 27.535, "volume": 26115, "typical_volume": 62464.9, "trend": 25.15899, "fair_value": 20.372995, "relative_strength": 7.491493, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 23.998652, "energy": 15.930974, "activity_lines": [ 26.828667, 27.051546, 27.141572, 26.367265 ] }, { "date": "2026-04-17", "close": 28.73, "volume": 21489, "typical_volume": 62533.3, "trend": 25.416406, "fair_value": 20.426745, "relative_strength": 11.104847, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 49.830985, "energy": 27.050284, "activity_lines": [ 27.494, 27.339909, 27.340703, 26.597653 ] }, { "date": "2026-04-24", "close": 28.65, "volume": 41177, "typical_volume": 63342.1, "trend": 25.65874, "fair_value": 20.482674, "relative_strength": 13.47489, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 58.75209, "energy": 45.609068, "activity_lines": [ 28.045, 27.583, 27.506476, 26.806272 ] }, { "date": "2026-05-01", "close": 28.309999, "volume": 22082, "typical_volume": 60218.8, "trend": 25.85874, "fair_value": 20.535367, "relative_strength": 11.847108, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 57.415857, "energy": 59.913395, "activity_lines": [ 28.284, 27.731636, 27.616976, 26.977321 ] }, { "date": "2026-05-08", "close": 29.094999, "volume": 40539, "typical_volume": 59851.1, "trend": 26.08924, "fair_value": 20.600511, "relative_strength": 15.885434, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 68.566593, "energy": 69.665787, "activity_lines": [ 28.643999, 28.001636, 27.7815, 27.186112 ] }, { "date": "2026-05-15", "close": 28.709999, "volume": 42286, "typical_volume": 61578.6, "trend": 26.304656, "fair_value": 20.663476, "relative_strength": 14.250667, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 59.474135, "energy": 61.51159, "activity_lines": [ 28.725999, 28.196272, 27.88869, 27.355193 ] }, { "date": "2026-05-22", "close": 29.305, "volume": 31436, "typical_volume": 62792.5, "trend": 26.527583, "fair_value": 20.733283, "relative_strength": 13.120914, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.334027, "energy": 59.169771, "activity_lines": [ 28.927999, 28.485091, 28.037952, 27.548763 ] }, { "date": "2026-05-29", "close": 29.469999, "volume": 24995, "typical_volume": 59017.7, "trend": 26.756083, "fair_value": 20.802466, "relative_strength": 13.816179, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 67.235552, "energy": 58.069204, "activity_lines": [ 29.146666, 28.769545, 28.18619, 27.738597 ] }, { "date": "2026-06-12", "close": 28.344999, "volume": 32367, "typical_volume": 52706.0, "trend": 26.95275, "fair_value": 20.862947, "relative_strength": 8.443312, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 56.432341, "energy": 38.851008, "activity_lines": [ 28.935666, 28.780363, 28.216762, 27.841107 ] }, { "date": "2026-06-26", "close": 26.504999, "volume": 26399, "typical_volume": 50874.05, "trend": 27.074583, "fair_value": 20.908139, "relative_strength": 0.835181, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 15.067681, "energy": 10.48096, "activity_lines": [ 28.108999, 28.417636, 28.070547, 27.81222 ] }, { "date": "2026-07-10", "close": 26.84, "volume": 3435, "typical_volume": 49180.15, "trend": 27.22475, "fair_value": 20.961697, "relative_strength": 1.993637, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 8.639878, "energy": 16.139758, "activity_lines": [ 27.566666, 28.12209, 27.972142, 27.797086 ] }, { "date": "2026-07-17", "close": 26.615, "volume": 2502, "typical_volume": 31750.3, "trend": 27.334417, "fair_value": 21.014373, "relative_strength": 0.025927, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "mixed", "direction": -24.717014, "energy": 32.363751, "activity_lines": [ 27.074, 27.798272, 27.862142, 27.757747 ] }, { "date": "2026-07-24", "close": 27.065001, "volume": 12141, "typical_volume": 29517.8, "trend": 27.441833, "fair_value": 21.068427, "relative_strength": 0.28823, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "mixed", "direction": -19.431563, "energy": 33.079638, "activity_lines": [ 26.910667, 27.594727, 27.797024, 27.740365 ] }, { "date": "2026-07-31", "close": 27.18, "volume": 10708, "typical_volume": 27968.95, "trend": 27.549333, "fair_value": 21.117835, "relative_strength": -0.605612, "stage": 2, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -19.121329, "energy": 39.12161, "activity_lines": [ 26.946, 27.440909, 27.741857, 27.723473 ] }, { "date": "2026-08-07", "close": 27.775, "volume": 7719, "typical_volume": 27399.3, "trend": 27.65, "fair_value": 21.174213, "relative_strength": 1.119143, "stage": 2, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -12.384345, "energy": 16.974092, "activity_lines": [ 27.257334, 27.415818, 27.743143, 27.738032 ] } ], "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." } } }