{ "ticker": { "uuid": "8bb55eec-75c6-4d3d-879f-0b52d91ef577", "symbol": "AEEM", "name": "Amundi Index Solutions - Amundi MSCI Emerging Markets Swap UCITS ETF EUR Acc", "exchange": "MIL", "country": "IT", "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": "FTSEMIB.MI", "stage": 2, "stage_name": "Advancing", "phase": "2b", "phase_label": "Stage 2B \u00b7 Advancing", "transition": "stage_2_healthy", "transition_label": "Stage 2 trend intact", "confidence": 70.27, "architecture_regime": "deceleration", "architecture_regime_label": "Deceleration", "architecture_modifier": "Recompressing", "architecture_gate": "up", "architecture_direction": 24.978, "architecture_energy": 24.14, "architecture_maturity": 65.269, "architecture_confidence": 79.998, "architecture_tenure": "New", "architecture": { "interpretation": { "headline": "The upward structure remains, but its energy is decelerating.", "body": "Trend remains positive, but Activity or price acceptance is losing strength. This can become a healthy recompression, a re-acceleration, or a Rotation Down." }, "scores": { "balance": 54.6, "rotation_up": 18.15, "upward_expansion": 52.29, "deceleration": 93.99, "rotation_down": 35.77, "downward_expansion": 18.29 }, "activity_lines": [ 7.443267, 7.565491, 7.543867, 7.36728 ], "activity_state": "Compressed", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.0 }, "latest_close": 7.518, "trend_reference": 7.137133, "distance_from_trend": 0.053364, "trend_direction": "Improving", "fair_value": 5.482067, "distance_from_fair_value": 0.37138, "fair_value_direction": "Weakening", "relative_strength": -2.359986, "relative_strength_direction": "Weakening", "price_momentum": 0.130017, "excess_performance": -0.040875, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.053364, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.076361, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.37138, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.084251, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.0236, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.12813, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.130017, "read": "Positive" }, { "label": "Volume balance", "positive": false, "value": 0.949253, "read": "Supply-led" } ], "volume": { "latest": 767794, "relative_activity": 0.779242, "balance": 0.949253, "dry_up": 1.047322, "accumulation_observations": 2, "distribution_observations": 4 }, "risk": { "range_context": 0.04371, "annualized_volatility": 0.224399, "from_high_reference": -0.073339, "from_low_reference": 0.374657 }, "levels": { "trend_reference": 7.137133, "fair_value_reference": 5.482067, "structural_low": 6.23, "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 9, "median_return": 0.014012, "positive_rate": 0.666667, "directional_follow_through": 0.666667, "median_excess_return": 0.007861, "regime_survival": 0.333333, "best_return": 0.132267, "worst_return": -0.017691, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 5, "median_return": 0.056585, "positive_rate": 0.8, "directional_follow_through": 0.8, "median_excess_return": 0.022503, "regime_survival": 0.0, "best_return": 0.237763, "worst_return": -0.004703, "sufficient": true }, { "horizon": "Extended", "sample_count": 4, "median_return": 0.064898, "positive_rate": 1.0, "directional_follow_through": 1.0, "median_excess_return": -0.047252, "regime_survival": 0.25, "best_return": 0.336036, "worst_return": 0.000336, "sufficient": false }, { "horizon": "Full cycle", "sample_count": 2, "median_return": 0.087523, "positive_rate": 1.0, "directional_follow_through": 1.0, "median_excess_return": -0.159119, "regime_survival": 0.0, "best_return": 0.132721, "worst_return": 0.042324, "sufficient": false } ], "ledger": [ { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-02-23", "end": "2024-08-02", "tenure": "Established", "return": 0.027778, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-08-09", "end": "2024-09-27", "tenure": "Developing", "return": 0.090647, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-10-04", "end": "2024-11-15", "tenure": "Developing", "return": -0.046672, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-11-22", "end": "2025-02-07", "tenure": "Developing", "return": 0.02124, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-02-14", "end": "2025-03-28", "tenure": "Developing", "return": -0.037058, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-04-04", "end": "2025-04-11", "tenure": "New", "return": -0.021971, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-04-18", "end": "2025-05-23", "tenure": "Developing", "return": 0.103055, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-05-30", "end": "2025-07-18", "tenure": "Developing", "return": 0.068213, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-07-25", "end": "2025-12-12", "tenure": "Established", "return": 0.099322, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-12-19", "end": "2026-01-02", "tenure": "New", "return": 0.037227, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-01-09", "end": "2026-03-20", "tenure": "Developing", "return": -0.009769, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-03-27", "end": "2026-04-17", "tenure": "New", "return": 0.129415, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-04-24", "end": "2026-07-17", "tenure": "Established", "return": 0.023083, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-07-24", "end": "2026-08-07", "tenure": "New", "return": 0.013071, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 4.307, "volume": 1552084, "typical_volume": 1074614.75, "trend": 4.405217, "fair_value": 4.714596, "relative_strength": -10.45478, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": -11.639743, "energy": 10.164178, "activity_lines": [ 4.419433, 4.429927, 4.417881, 4.401733 ] }, { "date": "2023-08-25", "close": 4.381, "volume": 392891, "typical_volume": 1080107.1, "trend": 4.395017, "fair_value": 4.715218, "relative_strength": -9.736608, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 18.888582, "energy": 15.791349, "activity_lines": [ 4.396933, 4.420073, 4.416838, 4.400171 ] }, { "date": "2023-09-01", "close": 4.467, "volume": 319590, "typical_volume": 1018813.35, "trend": 4.391733, "fair_value": 4.71708, "relative_strength": -8.825766, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 30.879525, "energy": 21.492043, "activity_lines": [ 4.405067, 4.428673, 4.423781, 4.404815 ] }, { "date": "2023-09-08", "close": 4.407, "volume": 542276, "typical_volume": 1026066.65, "trend": 4.387767, "fair_value": 4.71851, "relative_strength": -8.185343, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 22.241519, "energy": 16.122685, "activity_lines": [ 4.4036, 4.424464, 4.424455, 4.4058 ] }, { "date": "2023-09-15", "close": 4.469, "volume": 320269, "typical_volume": 1000758.75, "trend": 4.388083, "fair_value": 4.719952, "relative_strength": -8.463777, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 35.511808, "energy": 16.015338, "activity_lines": [ 4.429533, 4.431455, 4.430438, 4.411041 ] }, { "date": "2023-09-22", "close": 4.405, "volume": 811771, "typical_volume": 871538.6, "trend": 4.389933, "fair_value": 4.721776, "relative_strength": -8.194832, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 27.061508, "energy": 14.734544, "activity_lines": [ 4.429133, 4.424973, 4.429402, 4.412132 ] }, { "date": "2023-09-29", "close": 4.376, "volume": 627559, "typical_volume": 856969.8, "trend": 4.38695, "fair_value": 4.722628, "relative_strength": -7.175539, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 8.809807, "energy": 4.140801, "activity_lines": [ 4.412533, 4.413855, 4.425069, 4.411233 ] }, { "date": "2023-10-06", "close": 4.3385, "volume": 1019978, "typical_volume": 887052.55, "trend": 4.387667, "fair_value": 4.722474, "relative_strength": -5.979026, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -15.643534, "energy": 16.120797, "activity_lines": [ 4.383767, 4.396545, 4.416695, 4.408108 ] }, { "date": "2023-10-13", "close": 4.3885, "volume": 653099, "typical_volume": 890875.7, "trend": 4.3924, "fair_value": 4.722609, "relative_strength": -5.836226, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -9.578503, "energy": 17.533713, "activity_lines": [ 4.380233, 4.3935, 4.4131, 4.408161 ] }, { "date": "2023-10-20", "close": 4.231, "volume": 412914, "typical_volume": 852793.55, "trend": 4.389617, "fair_value": 4.721769, "relative_strength": -5.841518, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -41.900003, "energy": 46.315349, "activity_lines": [ 4.325433, 4.363991, 4.394483, 4.397748 ] }, { "date": "2023-10-27", "close": 4.2135, "volume": 380098, "typical_volume": 854475.3, "trend": 4.38385, "fair_value": 4.721186, "relative_strength": -5.705614, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -45.976976, "energy": 58.891399, "activity_lines": [ 4.280667, 4.334264, 4.375217, 4.386386 ] }, { "date": "2023-11-03", "close": 4.36, "volume": 808478, "typical_volume": 784247.8, "trend": 4.384583, "fair_value": 4.720179, "relative_strength": -6.796282, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -28.885026, "energy": 44.638615, "activity_lines": [ 4.2975, 4.332873, 4.371271, 4.384847 ] }, { "date": "2023-11-10", "close": 4.3525, "volume": 923113, "typical_volume": 789226.95, "trend": 4.38465, "fair_value": 4.71874, "relative_strength": -6.119621, "stage": 1, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -53.387348, "energy": 48.353596, "activity_lines": [ 4.3129, 4.3305, 4.36745, 4.382777 ] }, { "date": "2023-11-17", "close": 4.3965, "volume": 392753, "typical_volume": 796778.4, "trend": 4.388467, "fair_value": 4.717106, "relative_strength": -8.073874, "stage": 1, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -32.488875, "energy": 18.098419, "activity_lines": [ 4.342033, 4.338209, 4.367867, 4.383542 ] }, { "date": "2023-11-24", "close": 4.4005, "volume": 250772, "typical_volume": 711193.0, "trend": 4.39265, "fair_value": 4.715135, "relative_strength": -7.51469, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -23.141587, "energy": 17.535596, "activity_lines": [ 4.371967, 4.346836, 4.368695, 4.384318 ] }, { "date": "2023-12-01", "close": 4.4325, "volume": 1005341, "typical_volume": 730983.85, "trend": 4.397317, "fair_value": 4.713365, "relative_strength": -8.021519, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 5.425709, "energy": 14.315181, "activity_lines": [ 4.401267, 4.362527, 4.372417, 4.386889 ] }, { "date": "2023-12-08", "close": 4.419, "volume": 420142, "typical_volume": 735779.2, "trend": 4.402033, "fair_value": 4.711433, "relative_strength": -9.332711, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 14.296023, "energy": 18.848839, "activity_lines": [ 4.411467, 4.375264, 4.374888, 4.388288 ] }, { "date": "2023-12-15", "close": 4.4965, "volume": 2872187, "typical_volume": 810498.05, "trend": 4.407183, "fair_value": 4.709817, "relative_strength": -7.272135, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 30.147649, "energy": 35.866469, "activity_lines": [ 4.443567, 4.401309, 4.3847, 4.394383 ] }, { "date": "2023-12-22", "close": 4.448, "volume": 276355, "typical_volume": 711767.5, "trend": 4.409317, "fair_value": 4.708115, "relative_strength": -7.842568, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 19.191173, "energy": 34.396917, "activity_lines": [ 4.4499, 4.415664, 4.390495, 4.397016 ] }, { "date": "2023-12-29", "close": 4.525, "volume": 121059, "typical_volume": 705136.45, "trend": 4.412, "fair_value": 4.706292, "relative_strength": -5.890946, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 32.487713, "energy": 44.820378, "activity_lines": [ 4.478467, 4.442936, 4.40391, 4.40448 ] }, { "date": "2024-01-05", "close": 4.4925, "volume": 473549, "typical_volume": 651209.7, "trend": 4.411717, "fair_value": 4.702596, "relative_strength": -6.481642, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 33.428944, "energy": 48.674447, "activity_lines": [ 4.4879, 4.458955, 4.413605, 4.409673 ] }, { "date": "2024-01-12", "close": 4.4605, "volume": 386085, "typical_volume": 650869.4, "trend": 4.4092, "fair_value": 4.698221, "relative_strength": -6.887889, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 56.121082, "energy": 44.918577, "activity_lines": [ 4.482667, 4.464082, 4.419369, 4.41282 ] }, { "date": "2024-01-19", "close": 4.3505, "volume": 521221, "typical_volume": 660950.95, "trend": 4.4088, "fair_value": 4.692647, "relative_strength": -8.226538, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 23.456181, "energy": 16.305775, "activity_lines": [ 4.438, 4.447382, 4.414279, 4.409033 ] }, { "date": "2024-01-26", "close": 4.462, "volume": 1042337, "typical_volume": 685954.0, "trend": 4.410767, "fair_value": 4.688936, "relative_strength": -5.816837, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 37.425776, "energy": 17.07113, "activity_lines": [ 4.440233, 4.450991, 4.420362, 4.412466 ] }, { "date": "2024-02-02", "close": 4.4615, "volume": 1036700, "typical_volume": 721775.55, "trend": 4.413883, "fair_value": 4.683349, "relative_strength": -6.588375, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 36.953422, "energy": 19.469438, "activity_lines": [ 4.441367, 4.453318, 4.426136, 4.415739 ] }, { "date": "2024-02-09", "close": 4.5485, "volume": 528086, "typical_volume": 707591.3, "trend": 4.4175, "fair_value": 4.677526, "relative_strength": -5.872915, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 65.425942, "energy": 30.42726, "activity_lines": [ 4.475733, 4.470355, 4.440231, 4.424424 ] }, { "date": "2024-02-16", "close": 4.637, "volume": 1105606, "typical_volume": 731493.65, "trend": 4.42505, "fair_value": 4.672404, "relative_strength": -5.612853, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 79.951825, "energy": 71.622355, "activity_lines": [ 4.535867, 4.501373, 4.462071, 4.438585 ] }, { "date": "2024-02-23", "close": 4.662, "volume": 445944, "typical_volume": 702791.95, "trend": 4.42635, "fair_value": 4.669686, "relative_strength": -7.702567, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 79.933164, "energy": 81.674675, "activity_lines": [ 4.592567, 4.532973, 4.48505, 4.453872 ] }, { "date": "2024-03-01", "close": 4.6545, "volume": 310242, "typical_volume": 685649.1, "trend": 4.431233, "fair_value": 4.666965, "relative_strength": -8.284232, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 74.696159, "energy": 83.321926, "activity_lines": [ 4.626, 4.5602, 4.505774, 4.468591 ] }, { "date": "2024-03-08", "close": 4.6505, "volume": 425542, "typical_volume": 686280.5, "trend": 4.439783, "fair_value": 4.66384, "relative_strength": -9.437473, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 68.73596, "energy": 81.374902, "activity_lines": [ 4.645267, 4.582945, 4.52485, 4.482738 ] }, { "date": "2024-03-15", "close": 4.6585, "volume": 535516, "typical_volume": 694051.4, "trend": 4.4515, "fair_value": 4.660676, "relative_strength": -10.385837, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.912789, "energy": 77.817919, "activity_lines": [ 4.6546, 4.604864, 4.54269, 4.496848 ] }, { "date": "2024-03-22", "close": 4.703, "volume": 383287, "typical_volume": 672791.85, "trend": 4.462233, "fair_value": 4.658446, "relative_strength": -10.259431, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 74.470288, "energy": 68.855131, "activity_lines": [ 4.671433, 4.631855, 4.56265, 4.513074 ] }, { "date": "2024-03-29", "close": 4.734, "volume": 1032625, "typical_volume": 678267.45, "trend": 4.471133, "fair_value": 4.655362, "relative_strength": -10.434899, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 76.917895, "energy": 67.513136, "activity_lines": [ 4.6942, 4.660073, 4.583929, 4.530608 ] }, { "date": "2024-04-05", "close": 4.734, "volume": 293161, "typical_volume": 673287.85, "trend": 4.482033, "fair_value": 4.652984, "relative_strength": -8.25434, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 72.072904, "energy": 62.197121, "activity_lines": [ 4.712167, 4.681318, 4.60339, 4.547567 ] }, { "date": "2024-04-12", "close": 4.756, "volume": 457293, "typical_volume": 683613.9, "trend": 4.4916, "fair_value": 4.650471, "relative_strength": -6.974124, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 72.775044, "energy": 64.268723, "activity_lines": [ 4.732167, 4.701618, 4.62334, 4.565242 ] }, { "date": "2024-04-19", "close": 4.641, "volume": 1142310, "typical_volume": 690462.35, "trend": 4.499467, "fair_value": 4.647304, "relative_strength": -9.44487, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.631047, "energy": 50.422738, "activity_lines": [ 4.7068, 4.695655, 4.630645, 4.574881 ] }, { "date": "2024-04-26", "close": 4.792, "volume": 300431, "typical_volume": 684476.8, "trend": 4.513333, "fair_value": 4.645311, "relative_strength": -7.181677, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 76.677287, "energy": 55.536822, "activity_lines": [ 4.732933, 4.715464, 4.651338, 4.593754 ] }, { "date": "2024-05-03", "close": 4.907, "volume": 995453, "typical_volume": 590640.1, "trend": 4.532283, "fair_value": 4.643901, "relative_strength": -3.062562, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 87.088754, "energy": 64.956333, "activity_lines": [ 4.791467, 4.753364, 4.681207, 4.619152 ] }, { "date": "2024-05-10", "close": 4.924, "volume": 275703, "typical_volume": 590607.5, "trend": 4.550133, "fair_value": 4.64375, "relative_strength": -5.438848, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 84.401437, "energy": 82.85835, "activity_lines": [ 4.844133, 4.7899, 4.71074, 4.644424 ] }, { "date": "2024-05-17", "close": 5.035, "volume": 318465, "typical_volume": 600477.8, "trend": 4.576933, "fair_value": 4.64416, "relative_strength": -5.1453, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 90.55605, "energy": 95.341847, "activity_lines": [ 4.921133, 4.841718, 4.748579, 4.675705 ] }, { "date": "2024-05-24", "close": 4.951, "volume": 279846, "typical_volume": 590792.65, "trend": 4.601517, "fair_value": 4.643077, "relative_strength": -4.019121, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.589401, "energy": 87.00132, "activity_lines": [ 4.951533, 4.871273, 4.775988, 4.699839 ] }, { "date": "2024-05-31", "close": 4.777, "volume": 2240303, "typical_volume": 683503.55, "trend": 4.615417, "fair_value": 4.640244, "relative_strength": -7.087934, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.438378, "energy": 61.375623, "activity_lines": [ 4.903267, 4.863873, 4.784643, 4.71116 ] }, { "date": "2024-06-07", "close": 4.888, "volume": 1135482, "typical_volume": 714216.6, "trend": 4.633267, "fair_value": 4.638218, "relative_strength": -5.087583, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 60.754823, "energy": 51.907647, "activity_lines": [ 4.893, 4.875309, 4.802362, 4.728746 ] }, { "date": "2024-06-14", "close": 4.9685, "volume": 336512, "typical_volume": 678925.35, "trend": 4.652333, "fair_value": 4.63658, "relative_strength": 2.509648, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 70.090472, "energy": 49.595548, "activity_lines": [ 4.910833, 4.898582, 4.825188, 4.750374 ] }, { "date": "2024-06-21", "close": 5.034, "volume": 557827, "typical_volume": 654981.7, "trend": 4.67345, "fair_value": 4.634901, "relative_strength": 1.974524, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 75.176748, "energy": 52.488102, "activity_lines": [ 4.947533, 4.9295, 4.85184, 4.774998 ] }, { "date": "2024-06-28", "close": 5.03, "volume": 421237, "typical_volume": 649639.25, "trend": 4.693367, "fair_value": 4.63342, "relative_strength": 2.42631, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 71.504808, "energy": 58.17174, "activity_lines": [ 4.982967, 4.954636, 4.875386, 4.798001 ] }, { "date": "2024-07-05", "close": 5.068, "volume": 478373, "typical_volume": 618277.6, "trend": 4.715, "fair_value": 4.63292, "relative_strength": 0.774214, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 72.877004, "energy": 73.232702, "activity_lines": [ 5.0258, 4.979609, 4.900257, 4.822171 ] }, { "date": "2024-07-12", "close": 5.158, "volume": 564684, "typical_volume": 624214.6, "trend": 4.73705, "fair_value": 4.632651, "relative_strength": 0.880375, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 81.501985, "energy": 84.627779, "activity_lines": [ 5.079233, 5.015927, 4.931648, 4.850752 ] }, { "date": "2024-07-19", "close": 4.962, "volume": 549461, "typical_volume": 636175.55, "trend": 4.754183, "fair_value": 4.631811, "relative_strength": -1.817752, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.057645, "energy": 57.513206, "activity_lines": [ 5.049333, 5.012045, 4.94201, 4.865265 ] }, { "date": "2024-07-26", "close": 4.915, "volume": 359360, "typical_volume": 632866.45, "trend": 4.767183, "fair_value": 4.631381, "relative_strength": -1.440086, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 58.466061, "energy": 43.53803, "activity_lines": [ 5.0042, 4.998927, 4.946431, 4.87564 ] }, { "date": "2024-08-02", "close": 4.7915, "volume": 357835, "typical_volume": 623982.4, "trend": 4.77715, "fair_value": 4.629769, "relative_strength": 1.570527, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 18.926782, "energy": 14.39574, "activity_lines": [ 4.925833, 4.965536, 4.937831, 4.877209 ] }, { "date": "2024-08-09", "close": 4.8485, "volume": 416421, "typical_volume": 625639.1, "trend": 4.790083, "fair_value": 4.628747, "relative_strength": 3.583741, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 16.655335, "energy": 21.237744, "activity_lines": [ 4.882367, 4.945409, 4.934026, 4.881812 ] }, { "date": "2024-08-16", "close": 4.973, "volume": 143958, "typical_volume": 581205.75, "trend": 4.810833, "fair_value": 4.629583, "relative_strength": 2.257069, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 27.225555, "energy": 22.343632, "activity_lines": [ 4.895033, 4.946618, 4.941386, 4.893613 ] }, { "date": "2024-08-23", "close": 4.953, "volume": 193070, "typical_volume": 576201.2, "trend": 4.8272, "fair_value": 4.629298, "relative_strength": 0.1088, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 16.712057, "energy": 14.72679, "activity_lines": [ 4.913367, 4.942645, 4.945702, 4.902785 ] }, { "date": "2024-08-30", "close": 4.9525, "volume": 364784, "typical_volume": 571575.75, "trend": 4.843567, "fair_value": 4.628256, "relative_strength": -1.854853, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 21.411643, "energy": 11.40436, "activity_lines": [ 4.932133, 4.938864, 4.948929, 4.910869 ] }, { "date": "2024-09-06", "close": 4.7815, "volume": 186611, "typical_volume": 523790.8, "trend": 4.851333, "fair_value": 4.626234, "relative_strength": -2.003873, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -2.338784, "energy": 3.925519, "activity_lines": [ 4.8914, 4.905473, 4.934933, 4.906865 ] }, { "date": "2024-09-13", "close": 4.898, "volume": 112257, "typical_volume": 514382.1, "trend": 4.860033, "fair_value": 4.625535, "relative_strength": -0.330141, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 14.635825, "energy": 10.381697, "activity_lines": [ 4.890167, 4.897782, 4.931364, 4.909875 ] }, { "date": "2024-09-20", "close": 4.9615, "volume": 666632, "typical_volume": 497941.05, "trend": 4.870017, "fair_value": 4.625481, "relative_strength": 0.476855, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 32.299723, "energy": 15.541199, "activity_lines": [ 4.9068, 4.904727, 4.933338, 4.916422 ] }, { "date": "2024-09-27", "close": 5.288, "volume": 1382884, "typical_volume": 553300.1, "trend": 4.891133, "fair_value": 4.627609, "relative_strength": 4.149632, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 75.061021, "energy": 50.230967, "activity_lines": [ 5.033033, 4.974609, 4.966148, 4.943388 ] }, { "date": "2024-10-04", "close": 5.378, "volume": 877282, "typical_volume": 581240.95, "trend": 4.915383, "fair_value": 4.62984, "relative_strength": 9.435731, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 82.812006, "energy": 77.5246, "activity_lines": [ 5.166933, 5.054927, 5.005795, 4.974799 ] }, { "date": "2024-10-11", "close": 5.334, "volume": 562972, "typical_volume": 595397.25, "trend": 4.9379, "fair_value": 4.631077, "relative_strength": 6.280699, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 72.562088, "energy": 80.04406, "activity_lines": [ 5.2578, 5.118827, 5.039619, 5.001806 ] }, { "date": "2024-10-18", "close": 5.337, "volume": 1339333, "typical_volume": 550348.75, "trend": 4.959033, "fair_value": 4.632455, "relative_strength": 3.675593, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 69.856896, "energy": 82.427887, "activity_lines": [ 5.312833, 5.173409, 5.071905, 5.027555 ] }, { "date": "2024-10-25", "close": 5.269, "volume": 271918, "typical_volume": 507170.55, "trend": 4.976867, "fair_value": 4.633846, "relative_strength": 3.653906, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.776785, "energy": 78.661052, "activity_lines": [ 5.315933, 5.206745, 5.095048, 5.047553 ] }, { "date": "2024-11-01", "close": 5.192, "volume": 634908, "typical_volume": 522090.35, "trend": 4.992133, "fair_value": 4.634699, "relative_strength": 2.464957, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 61.650755, "energy": 55.977478, "activity_lines": [ 5.272867, 5.2207, 5.109043, 5.061432 ] }, { "date": "2024-11-08", "close": 5.229, "volume": 541891, "typical_volume": 521293.55, "trend": 5.0079, "fair_value": 4.634795, "relative_strength": 5.789613, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 57.864472, "energy": 43.064284, "activity_lines": [ 5.248533, 5.237036, 5.125498, 5.076714 ] }, { "date": "2024-11-15", "close": 5.127, "volume": 579839, "typical_volume": 529223.65, "trend": 5.0241, "fair_value": 4.634442, "relative_strength": 2.576213, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 41.384875, "energy": 26.17836, "activity_lines": [ 5.200133, 5.2298, 5.13131, 5.084398 ] }, { "date": "2024-11-22", "close": 5.226, "volume": 619670, "typical_volume": 536288.5, "trend": 5.038567, "fair_value": 4.636375, "relative_strength": 6.641328, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 37.963704, "energy": 21.813797, "activity_lines": [ 5.198533, 5.234282, 5.146088, 5.097424 ] }, { "date": "2024-11-29", "close": 5.145, "volume": 554870, "typical_volume": 535797.8, "trend": 5.0465, "fair_value": 4.637436, "relative_strength": 5.158705, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 33.967215, "energy": 18.874467, "activity_lines": [ 5.177333, 5.218073, 5.1524, 5.10429 ] }, { "date": "2024-12-06", "close": 5.214, "volume": 3003951, "typical_volume": 658522.3, "trend": 5.056167, "fair_value": 4.638346, "relative_strength": 2.411683, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 35.154714, "energy": 18.390665, "activity_lines": [ 5.1874, 5.211073, 5.165345, 5.115097 ] }, { "date": "2024-12-13", "close": 5.26, "volume": 752960, "typical_volume": 678202.3, "trend": 5.063667, "fair_value": 4.640125, "relative_strength": 2.866778, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 45.384945, "energy": 25.252542, "activity_lines": [ 5.211333, 5.213782, 5.181471, 5.128247 ] }, { "date": "2024-12-20", "close": 5.184, "volume": 1890384, "typical_volume": 754829.75, "trend": 5.071433, "fair_value": 4.641208, "relative_strength": 4.656315, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 45.045903, "energy": 22.866703, "activity_lines": [ 5.207867, 5.204818, 5.188717, 5.136011 ] }, { "date": "2024-12-27", "close": 5.178, "volume": 353458, "typical_volume": 751681.6, "trend": 5.0848, "fair_value": 4.642093, "relative_strength": 3.292709, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 44.919473, "energy": 24.120757, "activity_lines": [ 5.1986, 5.197491, 5.193521, 5.142886 ] }, { "date": "2025-01-03", "close": 5.226, "volume": 311638, "typical_volume": 760065.6, "trend": 5.096067, "fair_value": 4.64349, "relative_strength": 4.27521, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 49.980477, "energy": 26.699878, "activity_lines": [ 5.208533, 5.201782, 5.201329, 5.151996 ] }, { "date": "2025-01-10", "close": 5.123, "volume": 707636, "typical_volume": 785793.9, "trend": 5.101217, "fair_value": 4.643612, "relative_strength": -0.577285, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 15.096413, "energy": 9.633915, "activity_lines": [ 5.178733, 5.188127, 5.198121, 5.153733 ] }, { "date": "2025-01-17", "close": 5.234, "volume": 969001, "typical_volume": 816004.75, "trend": 5.107883, "fair_value": 4.644574, "relative_strength": -1.73082, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 28.552493, "energy": 14.174363, "activity_lines": [ 5.192, 5.195909, 5.204676, 5.1623 ] }, { "date": "2025-01-24", "close": 5.22, "volume": 747631, "typical_volume": 844055.75, "trend": 5.114217, "fair_value": 4.646439, "relative_strength": -1.777777, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 35.377539, "energy": 18.357731, "activity_lines": [ 5.202333, 5.201055, 5.208557, 5.169533 ] }, { "date": "2025-01-31", "close": 5.304, "volume": 594925, "typical_volume": 868189.15, "trend": 5.122083, "fair_value": 4.648673, "relative_strength": -0.941175, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 59.002266, "energy": 30.372609, "activity_lines": [ 5.238267, 5.219782, 5.21835, 5.181777 ] }, { "date": "2025-02-07", "close": 5.337, "volume": 879866, "typical_volume": 878850.85, "trend": 5.12805, "fair_value": 4.650359, "relative_strength": -1.870462, "stage": 3, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 65.192646, "energy": 52.268809, "activity_lines": [ 5.2768, 5.243091, 5.229352, 5.195643 ] }, { "date": "2025-02-14", "close": 5.37, "volume": 1499003, "typical_volume": 884656.8, "trend": 5.14165, "fair_value": 4.652615, "relative_strength": -3.60097, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 67.776143, "energy": 64.228542, "activity_lines": [ 5.318933, 5.268909, 5.24171, 5.211253 ] }, { "date": "2025-02-21", "close": 5.521, "volume": 1092886, "typical_volume": 895437.0, "trend": 5.16185, "fair_value": 4.656814, "relative_strength": -2.047609, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 85.570661, "energy": 81.00825, "activity_lines": [ 5.394933, 5.319345, 5.268057, 5.235727 ] }, { "date": "2025-02-28", "close": 5.283, "volume": 1229559, "typical_volume": 928766.35, "trend": 5.178233, "fair_value": 4.660247, "relative_strength": -6.780637, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 60.691592, "energy": 63.074278, "activity_lines": [ 5.372467, 5.321764, 5.271057, 5.243543 ] }, { "date": "2025-03-07", "close": 5.191, "volume": 416775, "typical_volume": 882638.45, "trend": 5.18965, "fair_value": 4.664221, "relative_strength": -8.200084, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 42.288269, "energy": 29.492895, "activity_lines": [ 5.315133, 5.305655, 5.265538, 5.244367 ] }, { "date": "2025-03-14", "close": 5.21, "volume": 416501, "typical_volume": 889867.6, "trend": 5.19755, "fair_value": 4.666987, "relative_strength": -7.98197, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 26.540229, "energy": 14.197798, "activity_lines": [ 5.271667, 5.292764, 5.262524, 5.24568 ] }, { "date": "2025-03-21", "close": 5.26, "volume": 428194, "typical_volume": 879531.9, "trend": 5.207783, "fair_value": 4.670205, "relative_strength": -7.979148, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 24.659944, "energy": 20.237946, "activity_lines": [ 5.253333, 5.289255, 5.264552, 5.249709 ] }, { "date": "2025-03-28", "close": 5.171, "volume": 1017583, "typical_volume": 903316.5, "trend": 5.215067, "fair_value": 4.672397, "relative_strength": -8.809697, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "mixed", "direction": -8.062718, "energy": 17.782771, "activity_lines": [ 5.212667, 5.267073, 5.257781, 5.247335 ] }, { "date": "2025-04-04", "close": 4.7335, "volume": 1288321, "typical_volume": 938740.6, "trend": 5.213467, "fair_value": 4.671763, "relative_strength": -6.639905, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "mixed", "direction": -59.258187, "energy": 61.986115, "activity_lines": [ 5.0495, 5.166491, 5.209619, 5.216267 ] }, { "date": "2025-04-11", "close": 4.6295, "volume": 1434221, "typical_volume": 979468.15, "trend": 5.204517, "fair_value": 4.670696, "relative_strength": -6.965953, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -89.054928, "energy": 85.717106, "activity_lines": [ 4.8883, 5.055845, 5.153426, 5.178591 ] }, { "date": "2025-04-18", "close": 4.7305, "volume": 408418, "typical_volume": 972145.55, "trend": 5.196817, "fair_value": 4.67133, "relative_strength": -10.030541, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -75.240666, "energy": 85.761722, "activity_lines": [ 4.7982, 4.975827, 5.109693, 5.14801 ] }, { "date": "2025-04-25", "close": 4.863, "volume": 265872, "typical_volume": 835241.6, "trend": 5.18265, "fair_value": 4.671974, "relative_strength": -10.784332, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.310172, "energy": 80.944278, "activity_lines": [ 4.784233, 4.930927, 5.080552, 5.126473 ] }, { "date": "2025-05-02", "close": 5.069, "volume": 301528, "typical_volume": 812670.0, "trend": 5.17235, "fair_value": 4.675378, "relative_strength": -9.219433, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.400417, "energy": 63.040955, "activity_lines": [ 4.8654, 4.9327, 5.072702, 5.119141 ] }, { "date": "2025-05-09", "close": 5.105, "volume": 455191, "typical_volume": 740910.35, "trend": 5.164717, "fair_value": 4.679029, "relative_strength": -10.848396, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -44.130494, "energy": 29.539006, "activity_lines": [ 4.965367, 4.949236, 5.06919, 5.114796 ] }, { "date": "2025-05-16", "close": 5.315, "volume": 1163817, "typical_volume": 781428.3, "trend": 5.163983, "fair_value": 4.683913, "relative_strength": -9.98009, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -8.448273, "energy": 18.157417, "activity_lines": [ 5.110567, 5.007191, 5.086055, 5.124491 ] }, { "date": "2025-05-23", "close": 5.218, "volume": 437153, "typical_volume": 787704.05, "trend": 5.162283, "fair_value": 4.68799, "relative_strength": -8.841813, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "mixed", "direction": 4.916532, "energy": 23.611974, "activity_lines": [ 5.177733, 5.045255, 5.093029, 5.127976 ] }, { "date": "2025-05-30", "close": 5.131, "volume": 585921, "typical_volume": 781618.3, "trend": 5.16025, "fair_value": 4.691285, "relative_strength": -11.607108, "stage": 3, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 2.736559, "energy": 21.907144, "activity_lines": [ 5.1834, 5.067355, 5.091755, 5.125958 ] }, { "date": "2025-06-06", "close": 5.268, "volume": 440277, "typical_volume": 755182.1, "trend": 5.16155, "fair_value": 4.695446, "relative_strength": -10.263672, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 21.725127, "energy": 27.929522, "activity_lines": [ 5.216867, 5.116709, 5.10349, 5.13291 ] }, { "date": "2025-06-13", "close": 5.24, "volume": 614304, "typical_volume": 748515.75, "trend": 5.165317, "fair_value": 4.700208, "relative_strength": -7.872729, "stage": 3, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 17.827279, "energy": 22.555749, "activity_lines": [ 5.227733, 5.159209, 5.112398, 5.137971 ] }, { "date": "2025-06-20", "close": 5.218, "volume": 416221, "typical_volume": 739580.55, "trend": 5.16505, "fair_value": 4.704644, "relative_strength": -7.5497, "stage": 3, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 15.511228, "energy": 18.111574, "activity_lines": [ 5.222267, 5.1885, 5.119114, 5.14137 ] }, { "date": "2025-06-27", "close": 5.333, "volume": 1118854, "typical_volume": 751529.95, "trend": 5.171317, "fair_value": 4.709949, "relative_strength": -6.508079, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 26.593259, "energy": 26.144423, "activity_lines": [ 5.2616, 5.228, 5.137193, 5.152205 ] }, { "date": "2025-07-04", "close": 5.314, "volume": 403880, "typical_volume": 696773.8, "trend": 5.17465, "fair_value": 4.714099, "relative_strength": -6.370927, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 24.421395, "energy": 35.676771, "activity_lines": [ 5.286933, 5.253091, 5.153481, 5.161411 ] }, { "date": "2025-07-11", "close": 5.344, "volume": 469112, "typical_volume": 665585.1, "trend": 5.17745, "fair_value": 4.71942, "relative_strength": -6.715568, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 38.929957, "energy": 49.141059, "activity_lines": [ 5.310067, 5.275436, 5.172893, 5.172337 ] }, { "date": "2025-07-18", "close": 5.481, "volume": 559600, "typical_volume": 632087.15, "trend": 5.18735, "fair_value": 4.725218, "relative_strength": -4.763452, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 79.362784, "energy": 75.009919, "activity_lines": [ 5.3738, 5.317691, 5.206195, 5.19192 ] }, { "date": "2025-07-25", "close": 5.457, "volume": 433003, "typical_volume": 632898.55, "trend": 5.19665, "fair_value": 4.730679, "relative_strength": -6.000397, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 72.030297, "energy": 76.488241, "activity_lines": [ 5.413467, 5.348745, 5.236269, 5.209317 ] }, { "date": "2025-08-01", "close": 5.404, "volume": 1485587, "typical_volume": 686352.85, "trend": 5.202583, "fair_value": 4.735561, "relative_strength": -4.904443, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.351718, "energy": 72.969714, "activity_lines": [ 5.419533, 5.367582, 5.260029, 5.222695 ] }, { "date": "2025-08-08", "close": 5.492, "volume": 419700, "typical_volume": 685928.15, "trend": 5.214883, "fair_value": 4.740622, "relative_strength": -6.999783, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 72.320702, "energy": 76.259458, "activity_lines": [ 5.4502, 5.399036, 5.291245, 5.241367 ] }, { "date": "2025-08-15", "close": 5.539, "volume": 278879, "typical_volume": 648992.95, "trend": 5.22505, "fair_value": 4.746071, "relative_strength": -8.21193, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 75.220392, "energy": 77.733779, "activity_lines": [ 5.484667, 5.432473, 5.325833, 5.262277 ] }, { "date": "2025-08-22", "close": 5.592, "volume": 341735, "typical_volume": 601663.65, "trend": 5.23745, "fair_value": 4.751436, "relative_strength": -8.512447, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 78.234328, "energy": 79.189231, "activity_lines": [ 5.5238, 5.470618, 5.363717, 5.285952 ] }, { "date": "2025-08-29", "close": 5.51, "volume": 2338013, "typical_volume": 646853.25, "trend": 5.244317, "fair_value": 4.757141, "relative_strength": -7.303573, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.025464, "energy": 70.849056, "activity_lines": [ 5.5282, 5.487455, 5.389702, 5.303535 ] }, { "date": "2025-09-05", "close": 5.551, "volume": 301758, "typical_volume": 641520.25, "trend": 5.25145, "fair_value": 4.763256, "relative_strength": -5.161835, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.680601, "energy": 71.245061, "activity_lines": [ 5.542733, 5.506436, 5.4154, 5.323322 ] }, { "date": "2025-09-12", "close": 5.769, "volume": 780184, "typical_volume": 667235.85, "trend": 5.26475, "fair_value": 4.770609, "relative_strength": -3.51867, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 89.014595, "energy": 84.996134, "activity_lines": [ 5.620133, 5.561091, 5.457952, 5.356712 ] }, { "date": "2025-09-19", "close": 5.833, "volume": 459261, "typical_volume": 675122.5, "trend": 5.27515, "fair_value": 4.779782, "relative_strength": -1.740335, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 88.814731, "energy": 91.288618, "activity_lines": [ 5.7004, 5.619109, 5.502286, 5.393373 ] }, { "date": "2025-09-26", "close": 5.812, "volume": 717062, "typical_volume": 688216.05, "trend": 5.292783, "fair_value": 4.789702, "relative_strength": -2.647526, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 79.661235, "energy": 91.160324, "activity_lines": [ 5.754067, 5.664418, 5.540981, 5.428009 ] }, { "date": "2025-10-03", "close": 5.983, "volume": 998047, "typical_volume": 679927.55, "trend": 5.319183, "fair_value": 4.800196, "relative_strength": -0.9046, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 89.515967, "energy": 95.452502, "activity_lines": [ 5.850067, 5.7348, 5.592595, 5.472539 ] }, { "date": "2025-10-10", "close": 5.857, "volume": 713911, "typical_volume": 693765.45, "trend": 5.34075, "fair_value": 4.810814, "relative_strength": 0.023057, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.825711, "energy": 84.287791, "activity_lines": [ 5.872533, 5.772709, 5.629029, 5.507237 ] }, { "date": "2025-10-17", "close": 5.995, "volume": 1208785, "typical_volume": 724908.65, "trend": 5.36525, "fair_value": 4.822141, "relative_strength": 3.205299, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 80.081105, "energy": 76.10704, "activity_lines": [ 5.9206, 5.827473, 5.675562, 5.549446 ] }, { "date": "2025-10-24", "close": 6.12, "volume": 461146, "typical_volume": 725952.1, "trend": 5.396883, "fair_value": 4.835346, "relative_strength": 3.656487, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 86.275556, "energy": 73.836558, "activity_lines": [ 5.995267, 5.895818, 5.729886, 5.59814 ] }, { "date": "2025-10-31", "close": 6.209, "volume": 672456, "typical_volume": 728859.7, "trend": 5.446067, "fair_value": 4.847631, "relative_strength": 3.572943, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 86.909517, "energy": 74.145786, "activity_lines": [ 6.080467, 5.969782, 5.788629, 5.650534 ] }, { "date": "2025-11-07", "close": 6.054, "volume": 832084, "typical_volume": 749652.85, "trend": 5.49355, "fair_value": 4.858551, "relative_strength": 1.783353, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.372547, "energy": 66.610162, "activity_lines": [ 6.087533, 6.004345, 5.827995, 5.689756 ] }, { "date": "2025-11-14", "close": 6.168, "volume": 1403608, "typical_volume": 763890.55, "trend": 5.541467, "fair_value": 4.870263, "relative_strength": 1.29845, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 72.357374, "energy": 68.342849, "activity_lines": [ 6.127867, 6.049745, 5.874238, 5.733269 ] }, { "date": "2025-11-21", "close": 5.953, "volume": 1040675, "typical_volume": 795730.3, "trend": 5.5778, "fair_value": 4.880843, "relative_strength": 1.053727, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.759121, "energy": 58.067231, "activity_lines": [ 6.0758, 6.044836, 5.896029, 5.759819 ] }, { "date": "2025-11-28", "close": 6.073, "volume": 724529, "typical_volume": 808501.15, "trend": 5.611267, "fair_value": 4.891138, "relative_strength": 1.635036, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.954962, "energy": 50.447283, "activity_lines": [ 6.066533, 6.0584, 5.926205, 5.791768 ] }, { "date": "2025-12-05", "close": 6.111, "volume": 1227565, "typical_volume": 841899.4, "trend": 5.6448, "fair_value": 4.901878, "relative_strength": 2.225314, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 56.126517, "energy": 45.631705, "activity_lines": [ 6.073067, 6.074509, 5.956529, 5.824009 ] }, { "date": "2025-12-12", "close": 5.999, "volume": 846970, "typical_volume": 862597.75, "trend": 5.6676, "fair_value": 4.912676, "relative_strength": 0.345833, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 45.850795, "energy": 34.79845, "activity_lines": [ 6.0488, 6.064818, 5.973186, 5.84686 ] }, { "date": "2025-12-19", "close": 6.044, "volume": 649509, "typical_volume": 820793.85, "trend": 5.695133, "fair_value": 4.923939, "relative_strength": -1.456331, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 45.411792, "energy": 34.548927, "activity_lines": [ 6.0432, 6.063018, 5.991548, 5.871144 ] }, { "date": "2025-12-26", "close": 6.053, "volume": 124068, "typical_volume": 806012.25, "trend": 5.725867, "fair_value": 4.935369, "relative_strength": -0.754337, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 42.862746, "energy": 31.70647, "activity_lines": [ 6.048867, 6.059455, 6.007719, 5.894232 ] }, { "date": "2026-01-02", "close": 6.269, "volume": 268688, "typical_volume": 805502.7, "trend": 5.759233, "fair_value": 4.946638, "relative_strength": 1.262876, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 74.365115, "energy": 47.221177, "activity_lines": [ 6.119867, 6.094109, 6.04179, 5.929273 ] }, { "date": "2026-01-09", "close": 6.449, "volume": 561655, "typical_volume": 816498.7, "trend": 5.799533, "fair_value": 4.958667, "relative_strength": 3.456343, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 84.641073, "energy": 73.239504, "activity_lines": [ 6.2378, 6.158782, 6.089529, 5.973774 ] }, { "date": "2026-01-16", "close": 6.551, "volume": 889191, "typical_volume": 744057.6, "trend": 5.843967, "fair_value": 4.971083, "relative_strength": 4.925726, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 85.854198, "energy": 90.968638, "activity_lines": [ 6.3672, 6.237636, 6.1429, 6.022256 ] }, { "date": "2026-01-23", "close": 6.569, "volume": 1406577, "typical_volume": 799298.55, "trend": 5.885167, "fair_value": 4.983147, "relative_strength": 7.450462, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 80.213728, "energy": 91.821576, "activity_lines": [ 6.4658, 6.310727, 6.193029, 6.069032 ] }, { "date": "2026-01-30", "close": 6.592, "volume": 2011216, "typical_volume": 860850.15, "trend": 5.927767, "fair_value": 4.996138, "relative_strength": 6.190118, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 75.61997, "energy": 90.399992, "activity_lines": [ 6.537067, 6.380709, 6.2405, 6.114634 ] }, { "date": "2026-02-06", "close": 6.653, "volume": 3831241, "typical_volume": 1029449.15, "trend": 5.9714, "fair_value": 5.009772, "relative_strength": 6.340239, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 77.56315, "energy": 90.257744, "activity_lines": [ 6.592733, 6.450164, 6.289862, 6.161424 ] }, { "date": "2026-02-13", "close": 6.747, "volume": 952841, "typical_volume": 1041238.1, "trend": 6.0136, "fair_value": 5.024436, "relative_strength": 8.792289, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 81.290616, "energy": 86.534374, "activity_lines": [ 6.654133, 6.526164, 6.344271, 6.211462 ] }, { "date": "2026-02-20", "close": 6.919, "volume": 1439265, "typical_volume": 1063299.0, "trend": 6.062333, "fair_value": 5.040907, "relative_strength": 8.984624, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 89.180993, "energy": 90.603289, "activity_lines": [ 6.753, 6.621873, 6.41061, 6.269875 ] }, { "date": "2026-02-27", "close": 6.976, "volume": 1377099, "typical_volume": 1096458.4, "trend": 6.114733, "fair_value": 5.057, "relative_strength": 7.998397, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 85.440956, "energy": 88.463385, "activity_lines": [ 6.846333, 6.711218, 6.477919, 6.328822 ] }, { "date": "2026-03-06", "close": 6.552, "volume": 1896858, "typical_volume": 1130862.05, "trend": 6.150067, "fair_value": 5.071327, "relative_strength": 8.248352, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.353395, "energy": 62.528007, "activity_lines": [ 6.7712, 6.706527, 6.499519, 6.357032 ] }, { "date": "2026-03-13", "close": 6.551, "volume": 3145851, "typical_volume": 1265097.3, "trend": 6.1838, "fair_value": 5.086099, "relative_strength": 7.631989, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 61.717575, "energy": 50.714913, "activity_lines": [ 6.6984, 6.692582, 6.518371, 6.382899 ] }, { "date": "2026-03-20", "close": 6.386, "volume": 912484, "typical_volume": 1277098.7, "trend": 6.210267, "fair_value": 5.099378, "relative_strength": 8.318782, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 39.435734, "energy": 25.583018, "activity_lines": [ 6.5774, 6.643509, 6.519457, 6.395944 ] }, { "date": "2026-03-27", "close": 6.313, "volume": 2800738, "typical_volume": 1375531.4, "trend": 6.237033, "fair_value": 5.111728, "relative_strength": 5.574764, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 17.641058, "energy": 23.45547, "activity_lines": [ 6.456133, 6.582309, 6.512748, 6.402572 ] }, { "date": "2026-04-03", "close": 6.435, "volume": 548187, "typical_volume": 1332760.35, "trend": 6.2665, "fair_value": 5.12517, "relative_strength": 2.254241, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 21.160711, "energy": 23.497256, "activity_lines": [ 6.415933, 6.547618, 6.516424, 6.415344 ] }, { "date": "2026-04-10", "close": 6.802, "volume": 1447328, "typical_volume": 1353093.0, "trend": 6.300933, "fair_value": 5.140885, "relative_strength": 3.483312, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 43.765389, "energy": 24.038833, "activity_lines": [ 6.534133, 6.582091, 6.553781, 6.449892 ] }, { "date": "2026-04-17", "close": 7.13, "volume": 749205, "typical_volume": 1354326.8, "trend": 6.344167, "fair_value": 5.159141, "relative_strength": 5.464702, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 71.901546, "energy": 41.972844, "activity_lines": [ 6.745, 6.672382, 6.618333, 6.503381 ] }, { "date": "2026-04-24", "close": 7.148, "volume": 1293246, "typical_volume": 1357610.85, "trend": 6.3887, "fair_value": 5.177558, "relative_strength": 8.124788, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 73.332037, "energy": 72.133861, "activity_lines": [ 6.923267, 6.757273, 6.679567, 6.555241 ] }, { "date": "2026-05-01", "close": 7.126, "volume": 814619, "typical_volume": 1355993.3, "trend": 6.4268, "fair_value": 5.195721, "relative_strength": 6.246281, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 68.876598, "energy": 78.791879, "activity_lines": [ 7.0434, 6.830873, 6.733767, 6.602809 ] }, { "date": "2026-05-08", "close": 7.594, "volume": 925424, "typical_volume": 1369789.05, "trend": 6.4847, "fair_value": 5.216981, "relative_strength": 10.453011, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 87.311452, "energy": 90.144617, "activity_lines": [ 7.265333, 6.9858, 6.827171, 6.678112 ] }, { "date": "2026-05-15", "close": 7.417, "volume": 1119343, "typical_volume": 1419552.8, "trend": 6.5321, "fair_value": 5.236692, "relative_strength": 7.958929, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 72.920865, "energy": 84.978491, "activity_lines": [ 7.351, 7.097309, 6.896338, 6.73826 ] }, { "date": "2026-05-22", "close": 7.519, "volume": 1595290, "typical_volume": 1485882.9, "trend": 6.578733, "fair_value": 5.256788, "relative_strength": 8.277489, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 74.481079, "energy": 83.732983, "activity_lines": [ 7.429667, 7.211636, 6.968724, 6.801931 ] }, { "date": "2026-05-29", "close": 7.771, "volume": 1088465, "typical_volume": 1512223.4, "trend": 6.6308, "fair_value": 5.278112, "relative_strength": 10.316972, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 82.306886, "energy": 87.11962, "activity_lines": [ 7.5664, 7.354182, 7.059157, 6.878852 ] }, { "date": "2026-06-05", "close": 7.543, "volume": 122653, "typical_volume": 1473896.5, "trend": 6.680433, "fair_value": 5.297612, "relative_strength": 7.075801, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.49553, "energy": 71.871574, "activity_lines": [ 7.5856, 7.430091, 7.121581, 6.937703 ] }, { "date": "2026-06-12", "close": 7.742, "volume": 532718, "typical_volume": 1430203.55, "trend": 6.7329, "fair_value": 5.318163, "relative_strength": 6.224722, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 74.344476, "energy": 73.459125, "activity_lines": [ 7.643333, 7.519818, 7.198233, 7.006191 ] }, { "date": "2026-06-19", "close": 8.075, "volume": 207683, "typical_volume": 1340026.9, "trend": 6.803633, "fair_value": 5.341962, "relative_strength": 7.669835, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 86.0785, "energy": 87.217568, "activity_lines": [ 7.8022, 7.646327, 7.301014, 7.092778 ] }, { "date": "2026-06-26", "close": 7.814, "volume": 182432, "typical_volume": 1157586.45, "trend": 6.861667, "fair_value": 5.363827, "relative_strength": 7.144278, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 64.968221, "energy": 68.2835, "activity_lines": [ 7.8302, 7.702236, 7.371876, 7.157963 ] }, { "date": "2026-07-03", "close": 7.838, "volume": 492263, "typical_volume": 1134557.55, "trend": 6.919233, "fair_value": 5.386071, "relative_strength": 4.110445, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.802485, "energy": 66.82985, "activity_lines": [ 7.846533, 7.750073, 7.439495, 7.220953 ] }, { "date": "2026-07-10", "close": 7.742, "volume": 1658834, "typical_volume": 1145536.0, "trend": 6.977333, "fair_value": 5.407237, "relative_strength": 3.044019, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 61.533112, "energy": 58.594574, "activity_lines": [ 7.8264, 7.767909, 7.492776, 7.274034 ] }, { "date": "2026-07-17", "close": 7.313, "volume": 1361439, "typical_volume": 1144753.0, "trend": 7.019633, "fair_value": 5.425843, "relative_strength": -1.358865, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 44.988983, "energy": 35.298484, "activity_lines": [ 7.65, 7.696545, 7.501281, 7.29569 ] }, { "date": "2026-07-24", "close": 7.421, "volume": 734651, "typical_volume": 1086642.65, "trend": 7.065233, "fair_value": 5.443779, "relative_strength": 0.127641, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 36.711649, "energy": 23.177953, "activity_lines": [ 7.5382, 7.649927, 7.518467, 7.321585 ] }, { "date": "2026-07-31", "close": 7.357, "volume": 1263858, "typical_volume": 992543.0, "trend": 7.1015, "fair_value": 5.462042, "relative_strength": -1.517441, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 27.862746, "energy": 24.166586, "activity_lines": [ 7.448667, 7.5916, 7.525419, 7.340409 ] }, { "date": "2026-08-07", "close": 7.518, "volume": 767794, "typical_volume": 985308.5, "trend": 7.137133, "fair_value": 5.482067, "relative_strength": -2.359986, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 24.977774, "energy": 24.139978, "activity_lines": [ 7.443267, 7.565491, 7.543867, 7.36728 ] } ], "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." } } }