{ "ticker": { "uuid": "845e6545-033d-4c25-8b62-61e3f4dceeaf", "symbol": "NRG", "name": "NRJ Group SA", "exchange": "PAR", "country": "FR", "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": "^FCHI", "stage": 4, "stage_name": "Declining", "phase": "4b", "phase_label": "Stage 4B \u00b7 Declining", "transition": "stage_4_declining", "transition_label": "Stage 4 decline intact", "confidence": 96.0, "architecture_regime": "balance", "architecture_regime_label": "Balance", "architecture_modifier": "Balance after decline", "architecture_gate": "down", "architecture_direction": -74.767, "architecture_energy": 55.421, "architecture_maturity": 20.83, "architecture_confidence": 78.736, "architecture_tenure": "Developing", "architecture": { "interpretation": { "headline": "Directional pressure has compressed into balance.", "body": "Trend and Activity are compressed into balance, so neither side has durable control. Prior structure and the next directional change provide context; balance alone is not assumed to be a base." }, "scores": { "balance": 27.36, "rotation_up": 14.11, "upward_expansion": 11.3, "deceleration": 38.08, "rotation_down": 69.78, "downward_expansion": 84.63 }, "activity_lines": [ 6.710667, 6.789455, 6.81545, 6.83451 ], "activity_state": "Compressed", "activity_direction": "Expanding", "rotation_direction": "Weakening", "price_acceptance": -0.666667 }, "latest_close": 6.5, "trend_reference": 6.917609, "distance_from_trend": -0.060369, "trend_direction": "Weakening", "fair_value": 7.047219, "distance_from_fair_value": -0.07765, "fair_value_direction": "Weakening", "relative_strength": -16.926411, "relative_strength_direction": "Weakening", "price_momentum": -0.060694, "excess_performance": -0.114005, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.060369, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.05311, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.07765, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -0.023007, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.169264, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.047477, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.060694, "read": "Negative" }, { "label": "Volume balance", "positive": true, "value": 1.130197, "read": "Demand-led" } ], "volume": { "latest": 67813, "relative_activity": 1.899207, "balance": 1.130197, "dry_up": 1.172585, "accumulation_observations": 3, "distribution_observations": 2 }, "risk": { "range_context": 0.031029, "annualized_volatility": 0.172423, "from_high_reference": -0.235294, "from_low_reference": 0.004907 }, "levels": { "trend_reference": 6.917609, "fair_value_reference": 7.047219, "structural_low": 6.468261, "invalidation": "Reclaiming a flat-to-rising Trend with improving relative strength is required before the declining diagnosis is repaired." }, "outcomes": [ { "horizon": "Near term", "sample_count": 16, "median_return": -0.0, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": 0.001908, "regime_survival": 0.5, "best_return": 0.114379, "worst_return": -0.048128, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 7, "median_return": 0.006536, "positive_rate": 0.714286, "directional_follow_through": 0.714286, "median_excess_return": -0.056059, "regime_survival": 0.285714, "best_return": 0.131498, "worst_return": -0.086162, "sufficient": true }, { "horizon": "Extended", "sample_count": 5, "median_return": 0.019048, "positive_rate": 0.6, "directional_follow_through": 0.6, "median_excess_return": -0.158518, "regime_survival": 0.0, "best_return": 0.189602, "worst_return": -0.086162, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 4, "median_return": 0.149102, "positive_rate": 1.0, "directional_follow_through": 1.0, "median_excess_return": 0.068919, "regime_survival": 0.25, "best_return": 0.194497, "worst_return": 0.038081, "sufficient": false } ], "ledger": [ { "regime": "balance", "label": "Balance", "color": "blue", "start": "2023-10-20", "end": "2023-10-20", "tenure": "New", "return": 0.0, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2023-10-27", "end": "2023-11-17", "tenure": "New", "return": 0.118971, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2023-11-24", "end": "2023-12-08", "tenure": "New", "return": 0.041056, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2023-12-15", "end": "2024-09-13", "tenure": "Extended", "return": 0.129463, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-09-20", "end": "2024-10-25", "tenure": "Developing", "return": -0.028721, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2024-11-01", "end": "2024-11-15", "tenure": "New", "return": -0.037838, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2024-11-22", "end": "2025-05-02", "tenure": "Established", "return": -0.054441, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-05-09", "end": "2025-05-30", "tenure": "New", "return": 0.02965, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-06-06", "end": "2025-08-15", "tenure": "Developing", "return": -0.026667, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-08-22", "end": "2025-09-19", "tenure": "Developing", "return": 0.032877, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-09-26", "end": "2026-01-30", "tenure": "Established", "return": -0.029412, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2026-02-06", "end": "2026-02-27", "tenure": "New", "return": 0.031792, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-03-06", "end": "2026-06-12", "tenure": "Established", "return": -0.00565, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-06-19", "end": "2026-08-07", "tenure": "Developing", "return": -0.063401, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 6.374393, "volume": 12509, "typical_volume": 33952.75, "trend": 6.106609, "fair_value": 5.438383, "relative_strength": 3.29035, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 40.331653, "energy": 25.994516, "activity_lines": [ 6.365796, 6.374728, 6.317541, 6.227628 ] }, { "date": "2023-08-25", "close": 6.263855, "volume": 18753, "typical_volume": 30301.2, "trend": 6.116204, "fair_value": 5.447071, "relative_strength": 0.677857, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 35.355535, "energy": 20.08179, "activity_lines": [ 6.332634, 6.35396, 6.319457, 6.237773 ] }, { "date": "2023-09-01", "close": 6.190162, "volume": 24224, "typical_volume": 30395.15, "trend": 6.128663, "fair_value": 5.455394, "relative_strength": -1.270579, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 21.739298, "energy": 13.014128, "activity_lines": [ 6.283506, 6.322473, 6.312899, 6.242544 ] }, { "date": "2023-09-08", "close": 6.374393, "volume": 40120, "typical_volume": 30765.1, "trend": 6.147263, "fair_value": 5.464684, "relative_strength": 2.497243, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 37.335632, "energy": 18.786301, "activity_lines": [ 6.305614, 6.327163, 6.323036, 6.258398 ] }, { "date": "2023-09-15", "close": 6.466508, "volume": 65626, "typical_volume": 32528.7, "trend": 6.170707, "fair_value": 5.475097, "relative_strength": 2.070825, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 58.764788, "energy": 26.093841, "activity_lines": [ 6.353513, 6.347931, 6.33988, 6.278994 ] }, { "date": "2023-09-22", "close": 6.503355, "volume": 30639, "typical_volume": 33219.55, "trend": 6.191833, "fair_value": 5.488191, "relative_strength": 5.567699, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 62.129614, "energy": 37.44858, "activity_lines": [ 6.410011, 6.375063, 6.358911, 6.300455 ] }, { "date": "2023-09-29", "close": 6.429662, "volume": 28480, "typical_volume": 32730.1, "trend": 6.211093, "fair_value": 5.499643, "relative_strength": 5.260439, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 51.758172, "energy": 46.380756, "activity_lines": [ 6.433347, 6.387457, 6.36951, 6.315799 ] }, { "date": "2023-10-06", "close": 6.392816, "volume": 32578, "typical_volume": 32693.9, "trend": 6.230307, "fair_value": 5.510859, "relative_strength": 5.87134, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 50.854615, "energy": 43.701161, "activity_lines": [ 6.433347, 6.392481, 6.375199, 6.327523 ] }, { "date": "2023-10-13", "close": 6.300701, "volume": 17597, "typical_volume": 32635.3, "trend": 6.251771, "fair_value": 5.521803, "relative_strength": 5.32431, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 40.789265, "energy": 23.66673, "activity_lines": [ 6.389132, 6.379752, 6.371059, 6.332065 ] }, { "date": "2023-10-20", "close": 6.024354, "volume": 39782, "typical_volume": 32979.4, "trend": 6.26284, "fair_value": 5.53087, "relative_strength": 3.665491, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -30.542583, "energy": 22.688277, "activity_lines": [ 6.257713, 6.316779, 6.339477, 6.317393 ] }, { "date": "2023-10-27", "close": 5.729584, "volume": 77292, "typical_volume": 34959.8, "trend": 6.251671, "fair_value": 5.538366, "relative_strength": -0.91663, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "mixed", "direction": -57.502481, "energy": 64.386598, "activity_lines": [ 6.057516, 6.207245, 6.279821, 6.282989 ] }, { "date": "2023-11-03", "close": 6.190162, "volume": 115925, "typical_volume": 39194.5, "trend": 6.259402, "fair_value": 5.549452, "relative_strength": 3.277905, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -31.369524, "energy": 49.931847, "activity_lines": [ 6.062428, 6.193177, 6.267188, 6.279021 ] }, { "date": "2023-11-10", "close": 6.429662, "volume": 76424, "typical_volume": 41850.55, "trend": 6.273342, "fair_value": 5.559841, "relative_strength": 7.145737, "stage": 2, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -11.778409, "energy": 28.670817, "activity_lines": [ 6.163141, 6.223993, 6.278417, 6.290005 ] }, { "date": "2023-11-17", "close": 6.411239, "volume": 128137, "typical_volume": 47108.6, "trend": 6.289033, "fair_value": 5.56958, "relative_strength": 3.948536, "stage": 2, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": 3.833319, "energy": 7.161531, "activity_lines": [ 6.255257, 6.247106, 6.287453, 6.298902 ] }, { "date": "2023-11-24", "close": 6.282278, "volume": 139114, "typical_volume": 50687.8, "trend": 6.292149, "fair_value": 5.578812, "relative_strength": 0.968455, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 2.623707, "energy": 10.950707, "activity_lines": [ 6.297016, 6.246101, 6.283857, 6.298466 ] }, { "date": "2023-12-01", "close": 6.448085, "volume": 28954, "typical_volume": 49954.6, "trend": 6.300202, "fair_value": 5.589107, "relative_strength": 2.772651, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 16.819942, "energy": 21.461687, "activity_lines": [ 6.376849, 6.278593, 6.29684, 6.308526 ] }, { "date": "2023-12-08", "close": 6.540201, "volume": 67606, "typical_volume": 52574.0, "trend": 6.313689, "fair_value": 5.600098, "relative_strength": 1.668065, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 51.798902, "energy": 34.622223, "activity_lines": [ 6.439488, 6.328838, 6.31851, 6.32401 ] }, { "date": "2023-12-15", "close": 6.558624, "volume": 81813, "typical_volume": 54973.55, "trend": 6.326608, "fair_value": 5.611739, "relative_strength": 1.040501, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 61.745363, "energy": 52.563341, "activity_lines": [ 6.484932, 6.380422, 6.341231, 6.339813 ] }, { "date": "2023-12-22", "close": 6.724432, "volume": 99029, "typical_volume": 58690.2, "trend": 6.348601, "fair_value": 5.623805, "relative_strength": 3.916232, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 72.441871, "energy": 66.560946, "activity_lines": [ 6.577047, 6.459139, 6.378692, 6.365479 ] }, { "date": "2023-12-29", "close": 6.761279, "volume": 14600, "typical_volume": 56960.1, "trend": 6.373165, "fair_value": 5.634832, "relative_strength": 4.916894, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 71.613104, "energy": 70.898382, "activity_lines": [ 6.660565, 6.536851, 6.417643, 6.392103 ] }, { "date": "2024-01-05", "close": 6.687586, "volume": 71000, "typical_volume": 59884.65, "trend": 6.38299, "fair_value": 5.643685, "relative_strength": 5.40242, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 62.380819, "energy": 67.183389, "activity_lines": [ 6.687586, 6.587766, 6.44791, 6.412388 ] }, { "date": "2024-01-12", "close": 6.632316, "volume": 14016, "typical_volume": 59647.8, "trend": 6.39036, "fair_value": 5.65059, "relative_strength": 3.868284, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 60.59952, "energy": 63.490323, "activity_lines": [ 6.680217, 6.611214, 6.471421, 6.428474 ] }, { "date": "2024-01-19", "close": 6.816547, "volume": 40328, "typical_volume": 60453.0, "trend": 6.406326, "fair_value": 5.660057, "relative_strength": 7.930331, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 69.234463, "energy": 62.300834, "activity_lines": [ 6.728116, 6.660119, 6.510724, 6.45597 ] }, { "date": "2024-01-26", "close": 6.89024, "volume": 29192, "typical_volume": 59906.6, "trend": 6.424749, "fair_value": 5.67106, "relative_strength": 5.202896, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 72.149334, "energy": 62.579819, "activity_lines": [ 6.783386, 6.715388, 6.554062, 6.48719 ] }, { "date": "2024-02-02", "close": 7.056047, "volume": 57244, "typical_volume": 59487.5, "trend": 6.445015, "fair_value": 5.681532, "relative_strength": 8.025302, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 80.67901, "energy": 78.443297, "activity_lines": [ 6.88287, 6.792095, 6.610735, 6.527919 ] }, { "date": "2024-02-09", "close": 7.019202, "volume": 74541, "typical_volume": 61682.6, "trend": 6.464666, "fair_value": 5.692936, "relative_strength": 6.441919, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 73.559837, "energy": 84.322431, "activity_lines": [ 6.950422, 6.848034, 6.661092, 6.564963 ] }, { "date": "2024-02-16", "close": 7.056047, "volume": 61824, "typical_volume": 63349.8, "trend": 6.486774, "fair_value": 5.704045, "relative_strength": 5.048204, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 72.984432, "energy": 86.32192, "activity_lines": [ 7.008147, 6.900289, 6.712501, 6.603117 ] }, { "date": "2024-02-23", "close": 7.092894, "volume": 398224, "typical_volume": 81632.1, "trend": 6.511952, "fair_value": 5.715497, "relative_strength": 2.797297, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 73.934503, "energy": 87.026528, "activity_lines": [ 7.049907, 6.949864, 6.764436, 6.642221 ] }, { "date": "2024-03-01", "close": 6.927086, "volume": 30580, "typical_volume": 82281.25, "trend": 6.532832, "fair_value": 5.725992, "relative_strength": 0.634232, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.065444, "energy": 65.555817, "activity_lines": [ 7.017973, 6.959578, 6.797247, 6.669004 ] }, { "date": "2024-03-08", "close": 6.816547, "volume": 48433, "typical_volume": 82713.8, "trend": 6.546342, "fair_value": 5.735991, "relative_strength": -2.22363, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 59.595023, "energy": 45.590777, "activity_lines": [ 6.946737, 6.945509, 6.816547, 6.687308 ] }, { "date": "2024-03-15", "close": 6.945509, "volume": 102950, "typical_volume": 83996.7, "trend": 6.565379, "fair_value": 5.746498, "relative_strength": -2.11098, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 46.034646, "energy": 35.015959, "activity_lines": [ 6.934455, 6.953883, 6.844357, 6.713061 ] }, { "date": "2024-03-22", "close": 7.18501, "volume": 229108, "typical_volume": 89655.85, "trend": 6.596084, "fair_value": 5.758115, "relative_strength": 1.262162, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 73.212891, "energy": 44.709924, "activity_lines": [ 7.00692, 7.001113, 6.889187, 6.753037 ] }, { "date": "2024-03-29", "close": 7.240279, "volume": 21722, "typical_volume": 86920.75, "trend": 6.631088, "fair_value": 5.770299, "relative_strength": 1.24994, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 73.969098, "energy": 51.685632, "activity_lines": [ 7.089209, 7.048344, 6.934543, 6.794598 ] }, { "date": "2024-04-05", "close": 6.779702, "volume": 123057, "typical_volume": 86666.75, "trend": 6.644598, "fair_value": 5.779317, "relative_strength": -3.550123, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 48.745827, "energy": 35.061526, "activity_lines": [ 7.008148, 7.004128, 6.932174, 6.804186 ] }, { "date": "2024-04-12", "close": 7.000779, "volume": 259541, "typical_volume": 92688.1, "trend": 6.662408, "fair_value": 5.789647, "relative_strength": 0.058223, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 49.3546, "energy": 33.087539, "activity_lines": [ 7.010605, 7.002119, 6.949106, 6.827166 ] }, { "date": "2024-04-19", "close": 7.166586, "volume": 31543, "typical_volume": 92817.55, "trend": 6.684515, "fair_value": 5.801677, "relative_strength": 2.034602, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 60.754018, "energy": 36.223478, "activity_lines": [ 7.056048, 7.03126, 6.978408, 6.859693 ] }, { "date": "2024-04-26", "close": 6.945509, "volume": 39449, "typical_volume": 91409.7, "trend": 6.70171, "fair_value": 5.811865, "relative_strength": -1.988036, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 35.372032, "energy": 17.606756, "activity_lines": [ 7.013061, 7.017527, 6.983233, 6.876531 ] }, { "date": "2024-05-03", "close": 7.12974, "volume": 160362, "typical_volume": 95337.15, "trend": 6.726274, "fair_value": 5.823872, "relative_strength": 2.127219, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 55.388729, "energy": 31.232766, "activity_lines": [ 7.04745, 7.0393, 7.003674, 6.904146 ] }, { "date": "2024-05-10", "close": 7.148163, "volume": 15053, "typical_volume": 91138.35, "trend": 6.754523, "fair_value": 5.835891, "relative_strength": -0.959102, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 55.255411, "energy": 34.712835, "activity_lines": [ 7.09535, 7.063752, 7.023149, 6.931365 ] }, { "date": "2024-05-17", "close": 7.166586, "volume": 32488, "typical_volume": 92032.75, "trend": 6.792597, "fair_value": 5.847283, "relative_strength": -0.193547, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 56.660663, "energy": 34.384543, "activity_lines": [ 7.124827, 7.087534, 7.042362, 6.95795 ] }, { "date": "2024-05-24", "close": 7.111317, "volume": 19929, "typical_volume": 89479.2, "trend": 6.838655, "fair_value": 5.858428, "relative_strength": -0.184829, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 52.729804, "energy": 37.442776, "activity_lines": [ 7.124827, 7.094904, 7.054381, 6.978512 ] }, { "date": "2024-05-31", "close": 7.36924, "volume": 33862, "typical_volume": 90471.5, "trend": 6.877958, "fair_value": 5.871226, "relative_strength": 4.543333, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 69.662538, "energy": 54.555635, "activity_lines": [ 7.214486, 7.146153, 7.088946, 7.012744 ] }, { "date": "2024-06-07", "close": 7.754058, "volume": 47589, "typical_volume": 90834.55, "trend": 6.922104, "fair_value": 5.88649, "relative_strength": 9.681823, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 86.292687, "energy": 76.839361, "activity_lines": [ 7.404169, 7.26402, 7.156651, 7.069266 ] }, { "date": "2024-06-14", "close": 7.484686, "volume": 83413, "typical_volume": 93545.6, "trend": 6.957886, "fair_value": 5.899863, "relative_strength": 12.587699, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.72965, "energy": 69.354916, "activity_lines": [ 7.46244, 7.323569, 7.194238, 7.105562 ] }, { "date": "2024-06-21", "close": 7.196073, "volume": 94614, "typical_volume": 95414.1, "trend": 6.988346, "fair_value": 5.911716, "relative_strength": 6.333074, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 58.717071, "energy": 56.822986, "activity_lines": [ 7.402072, 7.317825, 7.201507, 7.120929 ] }, { "date": "2024-06-28", "close": 7.196073, "volume": 62054, "typical_volume": 94789.75, "trend": 7.013279, "fair_value": 5.924008, "relative_strength": 8.205854, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 53.405242, "energy": 36.143954, "activity_lines": [ 7.339738, 7.30853, 7.208109, 7.13433 ] }, { "date": "2024-07-05", "close": 7.503927, "volume": 54236, "typical_volume": 94410.35, "trend": 7.045403, "fair_value": 5.938383, "relative_strength": 9.781964, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.59249, "energy": 34.027318, "activity_lines": [ 7.374372, 7.354672, 7.243188, 7.165985 ] }, { "date": "2024-07-12", "close": 7.734817, "volume": 88111, "typical_volume": 78904.7, "trend": 7.084609, "fair_value": 5.954678, "relative_strength": 12.132877, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 72.852693, "energy": 41.311067, "activity_lines": [ 7.47699, 7.432641, 7.298124, 7.210463 ] }, { "date": "2024-07-19", "close": 7.734817, "volume": 25354, "typical_volume": 78643.4, "trend": 7.118289, "fair_value": 5.970973, "relative_strength": 14.546874, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 70.880746, "energy": 56.426209, "activity_lines": [ 7.58089, 7.499609, 7.350004, 7.252412 ] }, { "date": "2024-07-26", "close": 7.234555, "volume": 343900, "typical_volume": 93416.75, "trend": 7.134065, "fair_value": 5.983622, "relative_strength": 7.114789, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 51.021227, "energy": 39.395069, "activity_lines": [ 7.501361, 7.464954, 7.350393, 7.259913 ] }, { "date": "2024-08-02", "close": 7.734817, "volume": 113836, "typical_volume": 93961.05, "trend": 7.168972, "fair_value": 5.999587, "relative_strength": 18.201126, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.716717, "energy": 47.308078, "activity_lines": [ 7.586021, 7.520019, 7.396435, 7.298672 ] }, { "date": "2024-08-09", "close": 7.619371, "volume": 32045, "typical_volume": 84107.9, "trend": 7.201874, "fair_value": 6.013823, "relative_strength": 15.719327, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 55.678901, "energy": 35.406562, "activity_lines": [ 7.596283, 7.542758, 7.427724, 7.32773 ] }, { "date": "2024-08-16", "close": 7.715576, "volume": 19919, "typical_volume": 84017.75, "trend": 7.231842, "fair_value": 6.029226, "relative_strength": 13.996085, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 58.356961, "energy": 33.888403, "activity_lines": [ 7.630916, 7.578441, 7.466107, 7.360872 ] }, { "date": "2024-08-23", "close": 7.677094, "volume": 41385, "typical_volume": 79934.15, "trend": 7.25807, "fair_value": 6.043832, "relative_strength": 11.175831, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 55.916742, "energy": 36.542136, "activity_lines": [ 7.654005, 7.607827, 7.498562, 7.389598 ] }, { "date": "2024-08-30", "close": 7.600131, "volume": 55580, "typical_volume": 69736.1, "trend": 7.276206, "fair_value": 6.059264, "relative_strength": 8.944388, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 51.472471, "energy": 31.965207, "activity_lines": [ 7.655288, 7.619722, 7.519413, 7.411666 ] }, { "date": "2024-09-06", "close": 7.273036, "volume": 33317, "typical_volume": 69824.8, "trend": 7.284668, "fair_value": 6.072379, "relative_strength": 7.959645, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 27.24088, "energy": 15.618135, "activity_lines": [ 7.523167, 7.564798, 7.506259, 7.411461 ] }, { "date": "2024-09-13", "close": 7.407722, "volume": 33318, "typical_volume": 69518.25, "trend": 7.29639, "fair_value": 6.086467, "relative_strength": 8.032346, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 28.289148, "energy": 15.259002, "activity_lines": [ 7.466727, 7.532963, 7.505425, 7.4194 ] }, { "date": "2024-09-20", "close": 7.36924, "volume": 18761, "typical_volume": 62438.2, "trend": 7.305602, "fair_value": 6.100199, "relative_strength": 6.796462, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 9.08508, "energy": 13.499397, "activity_lines": [ 7.41157, 7.49588, 7.498725, 7.4241 ] }, { "date": "2024-09-27", "close": 7.330759, "volume": 20810, "typical_volume": 62726.05, "trend": 7.319057, "fair_value": 6.114782, "relative_strength": 2.179075, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 3.056656, "energy": 15.814143, "activity_lines": [ 7.366675, 7.458448, 7.48722, 7.425724 ] }, { "date": "2024-10-04", "close": 7.407722, "volume": 44066, "typical_volume": 63304.95, "trend": 7.338763, "fair_value": 6.130409, "relative_strength": 6.509714, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 6.198522, "energy": 12.609933, "activity_lines": [ 7.370523, 7.442356, 7.482175, 7.431444 ] }, { "date": "2024-10-11", "close": 7.349999, "volume": 52136, "typical_volume": 64915.3, "trend": 7.352246, "fair_value": 6.145994, "relative_strength": 5.016416, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 2.825251, "energy": 12.310267, "activity_lines": [ 7.367957, 7.41262, 7.470484, 7.432169 ] }, { "date": "2024-10-18", "close": 7.196073, "volume": 52032, "typical_volume": 65823.8, "trend": 7.352615, "fair_value": 6.160703, "relative_strength": 2.211606, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -25.266387, "energy": 27.796611, "activity_lines": [ 7.308952, 7.361894, 7.442997, 7.422093 ] }, { "date": "2024-10-25", "close": 7.157591, "volume": 17795, "typical_volume": 64334.1, "trend": 7.349859, "fair_value": 6.174946, "relative_strength": 2.9925, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -30.141831, "energy": 38.860272, "activity_lines": [ 7.25123, 7.311868, 7.41267, 7.409511 ] }, { "date": "2024-11-01", "close": 7.11911, "volume": 13755, "typical_volume": 60851.2, "trend": 7.361172, "fair_value": 6.187843, "relative_strength": 3.484279, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -43.121535, "energy": 57.347687, "activity_lines": [ 7.19479, 7.26499, 7.381518, 7.394624 ] }, { "date": "2024-11-08", "close": 6.888219, "volume": 32434, "typical_volume": 57742.2, "trend": 7.35742, "fair_value": 6.198931, "relative_strength": 1.034752, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -56.260351, "energy": 71.40855, "activity_lines": [ 7.075497, 7.186277, 7.330117, 7.364111 ] }, { "date": "2024-11-15", "close": 6.849738, "volume": 33711, "typical_volume": 56325.05, "trend": 7.346859, "fair_value": 6.209882, "relative_strength": 1.30713, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -80.137089, "energy": 82.931603, "activity_lines": [ 6.97801, 7.113512, 7.276518, 7.331357 ] }, { "date": "2024-11-22", "close": 6.715052, "volume": 17473, "typical_volume": 54486.9, "trend": 7.339177, "fair_value": 6.220848, "relative_strength": -0.616527, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -84.041765, "energy": 89.311155, "activity_lines": [ 6.868979, 7.023955, 7.21174, 7.290595 ] }, { "date": "2024-11-29", "close": 6.695811, "volume": 41526, "typical_volume": 52157.65, "trend": 7.324712, "fair_value": 6.23246, "relative_strength": -0.72653, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -78.805588, "energy": 90.293034, "activity_lines": [ 6.785602, 6.943493, 7.148887, 7.249088 ] }, { "date": "2024-12-06", "close": 6.561126, "volume": 41023, "typical_volume": 52941.1, "trend": 7.305145, "fair_value": 6.243209, "relative_strength": -5.26348, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -83.463567, "energy": 92.533012, "activity_lines": [ 6.688115, 6.850787, 7.078154, 7.199824 ] }, { "date": "2024-12-13", "close": 6.868979, "volume": 75303, "typical_volume": 39511.25, "trend": 7.295224, "fair_value": 6.25681, "relative_strength": -0.717117, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.763648, "energy": 80.259702, "activity_lines": [ 6.730445, 6.828048, 7.04233, 7.171685 ] }, { "date": "2024-12-20", "close": 6.734293, "volume": 151614, "typical_volume": 41400.15, "trend": 7.282657, "fair_value": 6.269218, "relative_strength": -0.932385, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.059814, "energy": 58.765767, "activity_lines": [ 6.729162, 6.790616, 6.995419, 7.135495 ] }, { "date": "2024-12-27", "close": 6.67657, "volume": 18029, "typical_volume": 40699.35, "trend": 7.259568, "fair_value": 6.281146, "relative_strength": -2.884418, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.200473, "energy": 56.343676, "activity_lines": [ 6.716335, 6.753884, 6.947775, 7.096393 ] }, { "date": "2025-01-03", "close": 6.753534, "volume": 12944, "typical_volume": 40350.6, "trend": 7.226217, "fair_value": 6.293018, "relative_strength": -0.831591, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -58.655991, "energy": 46.697854, "activity_lines": [ 6.731728, 6.74059, 6.91195, 7.063746 ] }, { "date": "2025-01-10", "close": 6.580367, "volume": 56189, "typical_volume": 41090.8, "trend": 7.196073, "fair_value": 6.303231, "relative_strength": -5.303789, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -69.813579, "energy": 51.606319, "activity_lines": [ 6.68555, 6.703158, 6.864214, 7.022078 ] }, { "date": "2025-01-17", "close": 6.715052, "volume": 10111, "typical_volume": 38817.35, "trend": 7.180039, "fair_value": 6.313867, "relative_strength": -6.755935, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -56.954044, "energy": 45.171942, "activity_lines": [ 6.682984, 6.700009, 6.834529, 6.991044 ] }, { "date": "2025-01-24", "close": 6.618848, "volume": 22463, "typical_volume": 38274.65, "trend": 7.160798, "fair_value": 6.323558, "relative_strength": -10.493011, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.622641, "energy": 45.360759, "activity_lines": [ 6.658612, 6.682518, 6.799895, 6.954838 ] }, { "date": "2025-01-31", "close": 6.67657, "volume": 24646, "typical_volume": 37841.05, "trend": 7.13322, "fair_value": 6.331311, "relative_strength": -9.801961, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -56.538699, "energy": 42.072012, "activity_lines": [ 6.661178, 6.679719, 6.773874, 6.923598 ] }, { "date": "2025-02-07", "close": 6.830497, "volume": 282917, "typical_volume": 51048.85, "trend": 7.103076, "fair_value": 6.340271, "relative_strength": -7.870694, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -40.787993, "energy": 27.531059, "activity_lines": [ 6.715052, 6.705607, 6.765994, 6.904067 ] }, { "date": "2025-02-14", "close": 6.811256, "volume": 25945, "typical_volume": 51305.6, "trend": 7.07229, "fair_value": 6.348778, "relative_strength": -10.298647, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -37.19651, "energy": 22.231362, "activity_lines": [ 6.757382, 6.725547, 6.758848, 6.88524 ] }, { "date": "2025-02-21", "close": 6.67657, "volume": 47046, "typical_volume": 51454.6, "trend": 7.053691, "fair_value": 6.358839, "relative_strength": -11.682383, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -40.010291, "energy": 20.872218, "activity_lines": [ 6.739424, 6.716451, 6.741348, 6.85971 ] }, { "date": "2025-02-28", "close": 6.522644, "volume": 56230, "typical_volume": 51659.3, "trend": 7.013285, "fair_value": 6.36956, "relative_strength": -13.138157, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.770501, "energy": 31.354882, "activity_lines": [ 6.672722, 6.682867, 6.71267, 6.825449 ] }, { "date": "2025-03-07", "close": 6.387958, "volume": 66175, "typical_volume": 52366.45, "trend": 6.972238, "fair_value": 6.376892, "relative_strength": -14.917395, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -69.814131, "energy": 45.400144, "activity_lines": [ 6.567539, 6.628643, 6.675104, 6.785105 ] }, { "date": "2025-03-14", "close": 6.310995, "volume": 54144, "typical_volume": 54183.9, "trend": 6.925419, "fair_value": 6.382412, "relative_strength": -14.859348, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -74.888576, "energy": 71.745926, "activity_lines": [ 6.455942, 6.565673, 6.634057, 6.742444 ] }, { "date": "2025-03-21", "close": 6.734293, "volume": 184730, "typical_volume": 62732.65, "trend": 6.893992, "fair_value": 6.389876, "relative_strength": -9.231044, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -55.165187, "energy": 50.656621, "activity_lines": [ 6.520078, 6.587713, 6.637356, 6.730114 ] }, { "date": "2025-03-28", "close": 6.44568, "volume": 38616, "typical_volume": 63041.75, "trend": 6.85551, "fair_value": 6.395051, "relative_strength": -11.603281, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -60.677683, "energy": 50.30196, "activity_lines": [ 6.493141, 6.554479, 6.615, 6.70119 ] }, { "date": "2025-04-04", "close": 6.368717, "volume": 32758, "typical_volume": 62994.1, "trend": 6.825366, "fair_value": 6.398414, "relative_strength": -5.029746, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.690688, "energy": 41.348923, "activity_lines": [ 6.455942, 6.512149, 6.587421, 6.669784 ] }, { "date": "2025-04-11", "close": 6.330235, "volume": 46913, "typical_volume": 64466.1, "trend": 6.78945, "fair_value": 6.402739, "relative_strength": -3.377323, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.255993, "energy": 39.166171, "activity_lines": [ 6.416178, 6.46737, 6.558468, 6.63784 ] }, { "date": "2025-04-18", "close": 6.407198, "volume": 35429, "typical_volume": 64161.25, "trend": 6.757382, "fair_value": 6.409864, "relative_strength": -4.605246, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -55.54127, "energy": 39.954892, "activity_lines": [ 6.405916, 6.442882, 6.538678, 6.613179 ] }, { "date": "2025-04-25", "close": 6.291754, "volume": 23841, "typical_volume": 63302.15, "trend": 6.722748, "fair_value": 6.417348, "relative_strength": -9.391448, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.343047, "energy": 49.640174, "activity_lines": [ 6.350759, 6.4051, 6.509267, 6.583139 ] }, { "date": "2025-05-02", "close": 6.349476, "volume": 19681, "typical_volume": 60521.05, "trend": 6.687473, "fair_value": 6.424873, "relative_strength": -11.170219, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -56.940332, "energy": 42.365192, "activity_lines": [ 6.344345, 6.387258, 6.486636, 6.559056 ] }, { "date": "2025-05-09", "close": 7.13835, "volume": 121916, "typical_volume": 59036.15, "trend": 6.680419, "fair_value": 6.436904, "relative_strength": 0.101844, "stage": 3, "regime": "rotation_up", "modifier": "Structural repair", "gate": "down", "direction": -0.246485, "energy": 7.543723, "activity_lines": [ 6.607303, 6.518795, 6.54161, 6.588145 ] }, { "date": "2025-05-16", "close": 7.080628, "volume": 137552, "typical_volume": 65012.3, "trend": 6.67657, "fair_value": 6.449226, "relative_strength": -2.548592, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 31.784366, "energy": 31.066597, "activity_lines": [ 6.799712, 6.628643, 6.589162, 6.613965 ] }, { "date": "2025-05-23", "close": 7.311518, "volume": 61673, "typical_volume": 67448.75, "trend": 6.681701, "fair_value": 6.462148, "relative_strength": 2.467592, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 51.523869, "energy": 58.405165, "activity_lines": [ 7.019057, 6.767877, 6.65678, 6.65493 ] }, { "date": "2025-05-30", "close": 7.349999, "volume": 53345, "typical_volume": 67306.55, "trend": 6.689398, "fair_value": 6.474658, "relative_strength": 2.718423, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 76.234431, "energy": 83.822776, "activity_lines": [ 7.190942, 6.895916, 6.725405, 6.698046 ] }, { "date": "2025-06-06", "close": 7.5, "volume": 53059, "typical_volume": 69453.95, "trend": 6.70979, "fair_value": 6.488898, "relative_strength": 4.120814, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 79.942285, "energy": 89.881656, "activity_lines": [ 7.342277, 7.040033, 6.804652, 6.750342 ] }, { "date": "2025-06-13", "close": 7.38, "volume": 34438, "typical_volume": 70052.7, "trend": 6.727466, "fair_value": 6.501194, "relative_strength": 4.137955, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 68.725561, "energy": 84.627527, "activity_lines": [ 7.376911, 7.143162, 6.868732, 6.793582 ] }, { "date": "2025-06-20", "close": 7.3, "volume": 25909, "typical_volume": 70115.85, "trend": 6.746964, "fair_value": 6.510477, "relative_strength": 4.258442, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.629286, "energy": 81.171845, "activity_lines": [ 7.368768, 7.21336, 6.921568, 6.83052 ] }, { "date": "2025-06-27", "close": 7.34, "volume": 33169, "typical_volume": 57628.45, "trend": 6.768437, "fair_value": 6.522518, "relative_strength": 3.457922, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.201404, "energy": 63.692551, "activity_lines": [ 7.359333, 7.273197, 6.975246, 6.86878 ] }, { "date": "2025-07-04", "close": 7.34, "volume": 20777, "typical_volume": 57370.05, "trend": 6.794399, "fair_value": 6.534558, "relative_strength": 3.446064, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 60.800266, "energy": 51.667988, "activity_lines": [ 7.348, 7.316075, 7.026497, 6.905655 ] }, { "date": "2025-07-11", "close": 7.34, "volume": 15640, "typical_volume": 55799.75, "trend": 6.8101, "fair_value": 6.546257, "relative_strength": 1.824133, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 50.753784, "energy": 45.67225, "activity_lines": [ 7.337333, 7.339894, 7.07523, 6.940855 ] }, { "date": "2025-07-18", "close": 7.38, "volume": 16540, "typical_volume": 53815.25, "trend": 6.831624, "fair_value": 6.558212, "relative_strength": 2.643987, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 52.76175, "energy": 44.923782, "activity_lines": [ 7.350667, 7.352976, 7.124614, 6.977623 ] }, { "date": "2025-07-25", "close": 7.42, "volume": 52585, "typical_volume": 53135.75, "trend": 6.856405, "fair_value": 6.569515, "relative_strength": 3.076339, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 63.067343, "energy": 48.140604, "activity_lines": [ 7.377333, 7.368937, 7.173724, 7.015582 ] }, { "date": "2025-08-01", "close": 7.2, "volume": 43313, "typical_volume": 52594.2, "trend": 6.871287, "fair_value": 6.578612, "relative_strength": 4.088055, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 46.052209, "energy": 34.753842, "activity_lines": [ 7.322667, 7.338727, 7.196968, 7.03775 ] }, { "date": "2025-08-08", "close": 7.38, "volume": 22405, "typical_volume": 44477.95, "trend": 6.897941, "fair_value": 6.588976, "relative_strength": 4.185614, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 52.62216, "energy": 39.519391, "activity_lines": [ 7.337333, 7.343273, 7.233121, 7.07057 ] }, { "date": "2025-08-15", "close": 7.3, "volume": 23131, "typical_volume": 43703.7, "trend": 6.91744, "fair_value": 6.59769, "relative_strength": 0.951924, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 46.052241, "energy": 33.357955, "activity_lines": [ 7.322667, 7.332727, 7.25858, 7.096509 ] }, { "date": "2025-08-22", "close": 7.3, "volume": 10553, "typical_volume": 42593.45, "trend": 6.940145, "fair_value": 6.607883, "relative_strength": 0.572269, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 42.187176, "energy": 28.209907, "activity_lines": [ 7.310667, 7.325818, 7.279971, 7.121191 ] }, { "date": "2025-08-29", "close": 7.24, "volume": 23900, "typical_volume": 41442.8, "trend": 6.958926, "fair_value": 6.618032, "relative_strength": 3.309489, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 39.167535, "energy": 26.7084, "activity_lines": [ 7.284, 7.309455, 7.291213, 7.140536 ] }, { "date": "2025-09-05", "close": 7.26, "volume": 24440, "typical_volume": 40893.35, "trend": 6.973242, "fair_value": 6.628763, "relative_strength": 4.083135, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 25.505956, "energy": 17.487038, "activity_lines": [ 7.276, 7.297818, 7.300028, 7.15996 ] }, { "date": "2025-09-12", "close": 7.32, "volume": 12645, "typical_volume": 40333.55, "trend": 6.990201, "fair_value": 6.640903, "relative_strength": 3.049501, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 27.593904, "energy": 18.629385, "activity_lines": [ 7.284, 7.298545, 7.310496, 7.182332 ] }, { "date": "2025-09-19", "close": 7.54, "volume": 58442, "typical_volume": 42271.6, "trend": 7.018981, "fair_value": 6.653429, "relative_strength": 5.813802, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 68.967865, "energy": 40.343894, "activity_lines": [ 7.369333, 7.339636, 7.33702, 7.217803 ] }, { "date": "2025-09-26", "close": 7.48, "volume": 73295, "typical_volume": 39840.55, "trend": 7.050893, "fair_value": 6.665571, "relative_strength": 4.722692, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.609027, "energy": 49.429048, "activity_lines": [ 7.418667, 7.366182, 7.35216, 7.247546 ] }, { "date": "2025-10-03", "close": 8.16, "volume": 116005, "typical_volume": 38763.2, "trend": 7.109961, "fair_value": 6.682186, "relative_strength": 11.197528, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 92.154884, "energy": 87.778024, "activity_lines": [ 7.682667, 7.514545, 7.430436, 7.319101 ] }, { "date": "2025-10-10", "close": 8.04, "volume": 77183, "typical_volume": 39538.7, "trend": 7.167595, "fair_value": 6.697349, "relative_strength": 11.717584, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 81.046278, "energy": 84.631434, "activity_lines": [ 7.845333, 7.627636, 7.492143, 7.379104 ] }, { "date": "2025-10-17", "close": 8.16, "volume": 47241, "typical_volume": 39233.5, "trend": 7.215118, "fair_value": 6.712258, "relative_strength": 9.708132, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 80.827482, "energy": 87.621708, "activity_lines": [ 7.996, 7.747273, 7.56181, 7.44313 ] }, { "date": "2025-10-24", "close": 8.08, "volume": 37256, "typical_volume": 38443.35, "trend": 7.269596, "fair_value": 6.726769, "relative_strength": 7.890333, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 69.728538, "energy": 84.258538, "activity_lines": [ 8.064, 7.838182, 7.62, 7.498929 ] }, { "date": "2025-10-31", "close": 8.06, "volume": 27549, "typical_volume": 38098.9, "trend": 7.325972, "fair_value": 6.741264, "relative_strength": 8.936186, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.581473, "energy": 73.27618, "activity_lines": [ 8.089333, 7.911273, 7.673524, 7.549922 ] }, { "date": "2025-11-07", "close": 7.84, "volume": 32996, "typical_volume": 38453.25, "trend": 7.376297, "fair_value": 6.755828, "relative_strength": 8.131952, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 62.59762, "energy": 52.912854, "activity_lines": [ 8.002667, 7.930545, 7.702857, 7.583086 ] }, { "date": "2025-11-14", "close": 8.02, "volume": 83850, "typical_volume": 40987.3, "trend": 7.430058, "fair_value": 6.771317, "relative_strength": 7.547896, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 61.732832, "energy": 46.178446, "activity_lines": [ 7.997333, 7.971636, 7.746762, 7.624615 ] }, { "date": "2025-11-21", "close": 8.04, "volume": 42840, "typical_volume": 42090.45, "trend": 7.488332, "fair_value": 6.787049, "relative_strength": 10.158302, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 51.84829, "energy": 38.333439, "activity_lines": [ 8.0, 8.002545, 7.789333, 7.663966 ] }, { "date": "2025-11-28", "close": 8.12, "volume": 30998, "typical_volume": 42858.35, "trend": 7.54735, "fair_value": 6.80318, "relative_strength": 9.165659, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.747054, "energy": 41.352705, "activity_lines": [ 8.037333, 8.034909, 7.83619, 7.704719 ] }, { "date": "2025-12-05", "close": 8.04, "volume": 35669, "typical_volume": 43814.8, "trend": 7.577405, "fair_value": 6.818911, "relative_strength": 7.952903, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 56.069636, "energy": 39.616372, "activity_lines": [ 8.045333, 8.042182, 7.871714, 7.736502 ] }, { "date": "2025-12-12", "close": 8.04, "volume": 29265, "typical_volume": 42648.8, "trend": 7.609384, "fair_value": 6.834188, "relative_strength": 8.412287, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 54.709514, "energy": 37.30233, "activity_lines": [ 8.054667, 8.039273, 7.904095, 7.766347 ] }, { "date": "2025-12-19", "close": 8.08, "volume": 59050, "typical_volume": 43435.65, "trend": 7.635, "fair_value": 6.850063, "relative_strength": 7.697886, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 56.772796, "energy": 37.472934, "activity_lines": [ 8.064, 8.045818, 7.937333, 7.79671 ] }, { "date": "2025-12-26", "close": 8.0, "volume": 12187, "typical_volume": 42924.75, "trend": 7.656667, "fair_value": 6.86281, "relative_strength": 7.082665, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 51.132923, "energy": 30.831683, "activity_lines": [ 8.042667, 8.037091, 7.958762, 7.820258 ] }, { "date": "2026-01-02", "close": 8.1, "volume": 40400, "typical_volume": 43788.2, "trend": 7.676667, "fair_value": 6.876653, "relative_strength": 7.072749, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 55.487127, "energy": 33.428516, "activity_lines": [ 8.057333, 8.049455, 7.986762, 7.84886 ] }, { "date": "2026-01-09", "close": 7.98, "volume": 19911, "typical_volume": 44256.1, "trend": 7.696667, "fair_value": 6.88859, "relative_strength": 3.233394, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 40.793267, "energy": 28.159697, "activity_lines": [ 8.033333, 8.039636, 7.999524, 7.86843 ] }, { "date": "2026-01-16", "close": 7.68, "volume": 166247, "typical_volume": 51373.45, "trend": 7.709333, "fair_value": 6.899626, "relative_strength": 0.470147, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 2.411373, "energy": 8.411952, "activity_lines": [ 7.913333, 7.976727, 7.980476, 7.867355 ] }, { "date": "2026-01-23", "close": 7.62, "volume": 60130, "typical_volume": 53157.95, "trend": 7.718667, "fair_value": 6.910165, "relative_strength": 0.8925, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": -5.635855, "energy": 16.883609, "activity_lines": [ 7.797333, 7.905818, 7.953619, 7.861591 ] }, { "date": "2026-01-30", "close": 7.26, "volume": 23831, "typical_volume": 53717.25, "trend": 7.716, "fair_value": 6.919419, "relative_strength": -3.78553, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "mixed", "direction": -43.336653, "energy": 53.648066, "activity_lines": [ 7.592, 7.776727, 7.890762, 7.832 ] }, { "date": "2026-02-06", "close": 6.92, "volume": 75497, "typical_volume": 54570.0, "trend": 7.702, "fair_value": 6.926493, "relative_strength": -9.886308, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -52.592106, "energy": 75.579284, "activity_lines": [ 7.322667, 7.6, 7.79581, 7.780645 ] }, { "date": "2026-02-13", "close": 7.08, "volume": 68173, "typical_volume": 54313.9, "trend": 7.692, "fair_value": 6.934934, "relative_strength": -8.259252, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -48.904421, "energy": 77.673599, "activity_lines": [ 7.185333, 7.474182, 7.719048, 7.740516 ] }, { "date": "2026-02-20", "close": 7.04, "volume": 33561, "typical_volume": 50191.7, "trend": 7.679333, "fair_value": 6.942437, "relative_strength": -10.974936, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -46.389107, "energy": 78.24785, "activity_lines": [ 7.094667, 7.358545, 7.640381, 7.698452 ] }, { "date": "2026-02-27", "close": 7.14, "volume": 10328, "typical_volume": 46848.95, "trend": 7.677333, "fair_value": 6.950694, "relative_strength": -10.448958, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -67.11941, "energy": 83.479522, "activity_lines": [ 7.08, 7.279273, 7.576571, 7.663656 ] }, { "date": "2026-03-06", "close": 7.08, "volume": 24686, "typical_volume": 45721.2, "trend": 7.667333, "fair_value": 6.958794, "relative_strength": -4.87282, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.423102, "energy": 66.337676, "activity_lines": [ 7.077333, 7.206182, 7.511333, 7.625118 ] }, { "date": "2026-03-13", "close": 6.92, "volume": 21022, "typical_volume": 44909.5, "trend": 7.654667, "fair_value": 6.966892, "relative_strength": -6.230924, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -72.972615, "energy": 60.965307, "activity_lines": [ 7.033333, 7.120727, 7.436, 7.576903 ] }, { "date": "2026-03-20", "close": 6.76, "volume": 23482, "typical_volume": 44706.15, "trend": 7.636667, "fair_value": 6.973736, "relative_strength": -5.547262, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -77.195157, "energy": 63.141746, "activity_lines": [ 6.936, 7.027636, 7.350952, 7.519183 ] }, { "date": "2026-03-27", "close": 7.0, "volume": 96788, "typical_volume": 47895.75, "trend": 7.628667, "fair_value": 6.979732, "relative_strength": -2.844588, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.95674, "energy": 52.293467, "activity_lines": [ 6.94, 7.000364, 7.294952, 7.478108 ] }, { "date": "2026-04-03", "close": 6.543913, "volume": 18452, "typical_volume": 44625.85, "trend": 7.604797, "fair_value": 6.983486, "relative_strength": -12.048686, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -77.765183, "energy": 61.445857, "activity_lines": [ 6.794638, 6.90253, 7.199516, 7.408123 ] }, { "date": "2026-04-10", "close": 6.600652, "volume": 39441, "typical_volume": 44455.9, "trend": 7.580819, "fair_value": 6.987263, "relative_strength": -14.316411, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -70.968447, "energy": 60.122369, "activity_lines": [ 6.707927, 6.834577, 7.116511, 7.34334 ] }, { "date": "2026-04-17", "close": 6.619565, "volume": 26579, "typical_volume": 44234.95, "trend": 7.550138, "fair_value": 6.991616, "relative_strength": -15.596083, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -68.695593, "energy": 65.760471, "activity_lines": [ 6.659478, 6.782051, 7.042162, 7.281323 ] }, { "date": "2026-04-24", "close": 6.808696, "volume": 48620, "typical_volume": 44882.5, "trend": 7.527761, "fair_value": 6.99559, "relative_strength": -10.339375, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.60514, "energy": 64.606847, "activity_lines": [ 6.694101, 6.769375, 6.992971, 7.233489 ] }, { "date": "2026-05-01", "close": 6.751956, "volume": 7971, "typical_volume": 43817.8, "trend": 7.480826, "fair_value": 6.999086, "relative_strength": -10.643178, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -60.664557, "energy": 52.712285, "activity_lines": [ 6.706565, 6.751316, 6.944239, 7.183437 ] }, { "date": "2026-05-08", "close": 6.619565, "volume": 65595, "typical_volume": 44145.05, "trend": 7.433478, "fair_value": 7.002189, "relative_strength": -12.178759, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.3087, "energy": 52.40499, "activity_lines": [ 6.691435, 6.714423, 6.889032, 7.127871 ] }, { "date": "2026-05-15", "close": 6.77087, "volume": 31174, "typical_volume": 45094.4, "trend": 7.387174, "fair_value": 7.006034, "relative_strength": -8.275827, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -48.651801, "energy": 41.837445, "activity_lines": [ 6.721696, 6.714502, 6.855189, 7.085122 ] }, { "date": "2026-05-22", "close": 6.733044, "volume": 60121, "typical_volume": 46080.45, "trend": 7.342275, "fair_value": 7.010318, "relative_strength": -10.407683, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -46.79158, "energy": 40.396928, "activity_lines": [ 6.728, 6.713324, 6.823597, 7.042921 ] }, { "date": "2026-05-29", "close": 6.96, "volume": 33373, "typical_volume": 46753.55, "trend": 7.305609, "fair_value": 7.016316, "relative_strength": -7.966015, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -39.922377, "energy": 29.205013, "activity_lines": [ 6.802391, 6.75681, 6.820129, 7.018258 ] }, { "date": "2026-06-05", "close": 7.12, "volume": 37098, "typical_volume": 40296.1, "trend": 7.281609, "fair_value": 7.020978, "relative_strength": -6.06525, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -17.477626, "energy": 17.489197, "activity_lines": [ 6.920029, 6.825751, 6.836757, 7.006283 ] }, { "date": "2026-06-12", "close": 7.04, "volume": 959, "typical_volume": 37337.55, "trend": 7.248942, "fair_value": 7.025008, "relative_strength": -8.371666, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -6.33583, "energy": 16.869636, "activity_lines": [ 6.986464, 6.877964, 6.848432, 6.990695 ] }, { "date": "2026-06-19", "close": 6.94, "volume": 14550, "typical_volume": 36873.5, "trend": 7.212275, "fair_value": 7.02887, "relative_strength": -10.168343, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -7.173409, "energy": 19.127191, "activity_lines": [ 6.991536, 6.902976, 6.853345, 6.970763 ] }, { "date": "2026-06-26", "close": 6.86, "volume": 3315, "typical_volume": 33264.4, "trend": 7.170275, "fair_value": 7.032219, "relative_strength": -10.564514, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -8.069114, "energy": 16.598644, "activity_lines": [ 6.958667, 6.907273, 6.852163, 6.948036 ] }, { "date": "2026-07-03", "close": 6.8, "volume": 15853, "typical_volume": 30648.4, "trend": 7.128942, "fair_value": 7.034475, "relative_strength": -12.345847, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -22.046656, "energy": 12.651531, "activity_lines": [ 6.897333, 6.896289, 6.845552, 6.924147 ] }, { "date": "2026-07-10", "close": 6.84, "volume": 46757, "typical_volume": 31308.2, "trend": 7.088942, "fair_value": 7.037105, "relative_strength": -9.819271, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -31.273609, "energy": 22.022054, "activity_lines": [ 6.86, 6.892735, 6.844084, 6.905506 ] }, { "date": "2026-07-17", "close": 7.0, "volume": 49569, "typical_volume": 33270.25, "trend": 7.052942, "fair_value": 7.040997, "relative_strength": -7.504694, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -17.154869, "energy": 14.458986, "activity_lines": [ 6.894667, 6.916672, 6.858806, 6.899768 ] }, { "date": "2026-07-24", "close": 6.76, "volume": 12554, "typical_volume": 32663.65, "trend": 7.011609, "fair_value": 7.043705, "relative_strength": -10.769002, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -44.292399, "energy": 25.012414, "activity_lines": [ 6.852, 6.890055, 6.851339, 6.880868 ] }, { "date": "2026-07-31", "close": 6.76, "volume": 37537, "typical_volume": 33489.4, "trend": 6.966942, "fair_value": 7.04665, "relative_strength": -11.910292, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -42.887753, "energy": 23.501121, "activity_lines": [ 6.821333, 6.863636, 6.845394, 6.864635 ] }, { "date": "2026-08-07", "close": 6.5, "volume": 67813, "typical_volume": 35705.95, "trend": 6.917609, "fair_value": 7.047219, "relative_strength": -16.926411, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -74.766766, "energy": 55.421221, "activity_lines": [ 6.710667, 6.789455, 6.81545, 6.83451 ] } ], "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." } } }