{ "ticker": { "uuid": "8d1e50fb-a8f8-4054-86c7-0442f6c28cd3", "symbol": "RGT", "name": "Royce Global Value Trust Inc", "exchange": "NYSE", "country": "US", "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": "SPY", "stage": 2, "stage_name": "Advancing", "phase": "2b", "phase_label": "Stage 2B \u00b7 Advancing", "transition": "stage_2_healthy", "transition_label": "Stage 2 trend intact", "confidence": 96.0, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Established expansion", "architecture_gate": "up", "architecture_direction": 84.781, "architecture_energy": 79.445, "architecture_maturity": 37.305, "architecture_confidence": 71.236, "architecture_tenure": "Established", "architecture": { "interpretation": { "headline": "The weekly architecture is expanding upward.", "body": "Trend and Activity show sustained positive alignment with constructive price acceptance. Directional energy remains positive; cooling within this regime can indicate that it is maturing." }, "scores": { "balance": 13.09, "rotation_up": 82.05, "upward_expansion": 94.47, "deceleration": 39.13, "rotation_down": 9.58, "downward_expansion": 16.47 }, "activity_lines": [ 15.066, 14.78368, 14.569669, 14.419132 ], "activity_state": "Wide", "activity_direction": "Expanding", "rotation_direction": "Improving", "price_acceptance": 1.0 }, "latest_close": 15.58, "trend_reference": 14.276453, "distance_from_trend": 0.091307, "trend_direction": "Improving", "fair_value": 11.347416, "distance_from_fair_value": 0.373, "fair_value_direction": "Improving", "relative_strength": 2.271296, "relative_strength_direction": "Improving", "price_momentum": 0.088749, "excess_performance": -0.036876, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.091307, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.046099, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.373, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.031435, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.022713, "read": "Leading" }, { "label": "Relative strength direction", "positive": true, "value": 0.0181, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.088749, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 1.46281, "read": "Demand-led" } ], "volume": { "latest": 111653, "relative_activity": 1.463442, "balance": 1.46281, "dry_up": 1.137145, "accumulation_observations": 4, "distribution_observations": 2 }, "risk": { "range_context": 0.033246, "annualized_volatility": 0.162999, "from_high_reference": -0.004473, "from_low_reference": 0.317027 }, "levels": { "trend_reference": 14.276453, "fair_value_reference": 11.347416, "structural_low": 12.96, "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 26, "median_return": 0.010077, "positive_rate": 0.576923, "directional_follow_through": 0.576923, "median_excess_return": -0.008036, "regime_survival": 0.730769, "best_return": 0.060606, "worst_return": -0.100625, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 10, "median_return": 0.013602, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": -0.00597, "regime_survival": 0.5, "best_return": 0.136689, "worst_return": -0.174013, "sufficient": true }, { "horizon": "Extended", "sample_count": 6, "median_return": 0.042396, "positive_rate": 0.666667, "directional_follow_through": 0.666667, "median_excess_return": -0.039672, "regime_survival": 0.5, "best_return": 0.168358, "worst_return": -0.060371, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 4, "median_return": 0.102081, "positive_rate": 0.75, "directional_follow_through": 0.75, "median_excess_return": -0.12849, "regime_survival": 0.5, "best_return": 0.209635, "worst_return": -0.287839, "sufficient": false } ], "ledger": [ { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2023-10-27", "end": "2023-12-01", "tenure": "Developing", "return": 0.171103, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2023-12-08", "end": "2024-01-05", "tenure": "Developing", "return": 0.069155, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-01-12", "end": "2024-04-19", "tenure": "Established", "return": -0.002985, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-04-26", "end": "2024-05-17", "tenure": "New", "return": 0.060649, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-05-24", "end": "2024-08-09", "tenure": "Developing", "return": 0.001984, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-08-16", "end": "2024-12-20", "tenure": "Established", "return": -0.020908, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-12-27", "end": "2025-03-14", "tenure": "Developing", "return": -0.026022, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-03-21", "end": "2025-05-16", "tenure": "Developing", "return": 0.064471, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-05-23", "end": "2025-06-20", "tenure": "Developing", "return": 0.032358, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-06-27", "end": "2025-10-31", "tenure": "Established", "return": 0.077441, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-11-07", "end": "2025-12-19", "tenure": "Developing", "return": 0.059688, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-12-26", "end": "2026-03-13", "tenure": "Developing", "return": 0.038636, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-03-20", "end": "2026-04-24", "tenure": "Developing", "return": 0.091937, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-05-01", "end": "2026-08-07", "tenure": "Established", "return": 0.084203, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 8.389037, "volume": 59545, "typical_volume": 53378.9, "trend": 8.466882, "fair_value": 9.841435, "relative_strength": -7.241599, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 2.586356, "energy": 7.917652, "activity_lines": [ 8.505751, 8.560454, 8.478274, 8.432221 ] }, { "date": "2023-08-25", "close": 8.342483, "volume": 33539, "typical_volume": 49998.9, "trend": 8.446708, "fair_value": 9.835617, "relative_strength": -8.267479, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -11.035553, "energy": 17.58923, "activity_lines": [ 8.428465, 8.518452, 8.474855, 8.424195 ] }, { "date": "2023-09-01", "close": 8.565942, "volume": 21733, "typical_volume": 47528.7, "trend": 8.425151, "fair_value": 9.833467, "relative_strength": -7.969406, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 29.393627, "energy": 21.370495, "activity_lines": [ 8.45484, 8.522666, 8.491521, 8.431888 ] }, { "date": "2023-09-08", "close": 8.463524, "volume": 37799, "typical_volume": 45240.5, "trend": 8.406529, "fair_value": 9.831253, "relative_strength": -7.728492, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 23.692542, "energy": 17.565682, "activity_lines": [ 8.457627, 8.505211, 8.496881, 8.434364 ] }, { "date": "2023-09-15", "close": 8.30524, "volume": 37108, "typical_volume": 44987.1, "trend": 8.381933, "fair_value": 9.829085, "relative_strength": -9.147425, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 0.642958, "energy": 8.991132, "activity_lines": [ 8.410142, 8.461516, 8.485481, 8.427829 ] }, { "date": "2023-09-22", "close": 8.212132, "volume": 28628, "typical_volume": 43845.65, "trend": 8.366415, "fair_value": 9.827996, "relative_strength": -7.346521, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -24.946186, "energy": 25.922846, "activity_lines": [ 8.343104, 8.403262, 8.46446, 8.416874 ] }, { "date": "2023-09-29", "close": 8.110178, "volume": 23528, "typical_volume": 42829.3, "trend": 8.339739, "fair_value": 9.823061, "relative_strength": -7.697855, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -33.477461, "energy": 47.519362, "activity_lines": [ 8.253875, 8.336731, 8.433464, 8.400343 ] }, { "date": "2023-10-06", "close": 7.886253, "volume": 51507, "typical_volume": 42003.8, "trend": 8.324221, "fair_value": 9.815915, "relative_strength": -10.412237, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -44.017093, "energy": 64.482016, "activity_lines": [ 8.105492, 8.241666, 8.380429, 8.371085 ] }, { "date": "2023-10-13", "close": 7.833182, "volume": 28679, "typical_volume": 40868.6, "trend": 8.322142, "fair_value": 9.804643, "relative_strength": -11.178374, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -54.669757, "energy": 75.726247, "activity_lines": [ 7.984731, 8.152187, 8.323848, 8.339405 ] }, { "date": "2023-10-20", "close": 7.521084, "volume": 39180, "typical_volume": 39721.4, "trend": 8.306245, "fair_value": 9.791804, "relative_strength": -12.376367, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -91.632212, "energy": 94.370691, "activity_lines": [ 7.80196, 8.018103, 8.238727, 8.287724 ] }, { "date": "2023-10-27", "close": 7.346227, "volume": 47126, "typical_volume": 37386.15, "trend": 8.271795, "fair_value": 9.781561, "relative_strength": -11.943683, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -91.127165, "energy": 96.032469, "activity_lines": [ 7.61318, 7.869616, 8.140554, 8.225788 ] }, { "date": "2023-11-03", "close": 7.904875, "volume": 42397, "typical_volume": 37587.8, "trend": 8.265588, "fair_value": 9.77011, "relative_strength": -10.194229, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.006951, "energy": 83.319543, "activity_lines": [ 7.668343, 7.841662, 8.101393, 8.202115 ] }, { "date": "2023-11-10", "close": 7.858321, "volume": 57172, "typical_volume": 39016.3, "trend": 8.252863, "fair_value": 9.757266, "relative_strength": -11.590803, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.320288, "energy": 60.108284, "activity_lines": [ 7.721676, 7.813199, 8.061346, 8.17584 ] }, { "date": "2023-11-17", "close": 8.249375, "volume": 60715, "typical_volume": 40131.1, "trend": 8.257519, "fair_value": 9.74556, "relative_strength": -9.005488, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -38.508144, "energy": 31.575557, "activity_lines": [ 7.907221, 7.868703, 8.061114, 8.175615 ] }, { "date": "2023-11-24", "close": 8.393692, "volume": 28842, "typical_volume": 40580.65, "trend": 8.265743, "fair_value": 9.732317, "relative_strength": -8.04604, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -11.038017, "energy": 22.893789, "activity_lines": [ 8.113127, 7.954341, 8.076311, 8.1844 ] }, { "date": "2023-12-01", "close": 8.603186, "volume": 146840, "typical_volume": 46393.5, "trend": 8.280641, "fair_value": 9.71996, "relative_strength": -6.250057, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "mixed", "direction": 24.34899, "energy": 34.616301, "activity_lines": [ 8.330689, 8.07646, 8.111659, 8.206171 ] }, { "date": "2023-12-08", "close": 8.621807, "volume": 267704, "typical_volume": 58058.7, "trend": 8.302676, "fair_value": 9.706491, "relative_strength": -5.982258, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 34.459673, "energy": 42.52994, "activity_lines": [ 8.470662, 8.194854, 8.149606, 8.228182 ] }, { "date": "2023-12-15", "close": 9.038228, "volume": 197489, "typical_volume": 64946.85, "trend": 8.330523, "fair_value": 9.695593, "relative_strength": -3.531737, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 48.995923, "energy": 64.778302, "activity_lines": [ 8.701646, 8.379659, 8.227965, 8.275637 ] }, { "date": "2023-12-22", "close": 9.113941, "volume": 116439, "typical_volume": 67578.4, "trend": 8.364928, "fair_value": 9.68686, "relative_strength": -3.386586, "stage": 2, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 47.006678, "energy": 73.212914, "activity_lines": [ 8.879207, 8.557285, 8.31204, 8.32618 ] }, { "date": "2023-12-29", "close": 9.227511, "volume": 67368, "typical_volume": 69666.9, "trend": 8.396602, "fair_value": 9.679992, "relative_strength": -2.338677, "stage": 2, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 54.052017, "energy": 78.421443, "activity_lines": [ 9.036987, 8.732274, 8.404011, 8.38183 ] }, { "date": "2024-01-05", "close": 9.218046, "volume": 160075, "typical_volume": 74693.4, "trend": 8.418339, "fair_value": 9.672173, "relative_strength": -0.660967, "stage": 2, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 74.254952, "energy": 86.235609, "activity_lines": [ 9.136024, 8.874516, 8.49151, 8.434826 ] }, { "date": "2024-01-12", "close": 9.511434, "volume": 270970, "typical_volume": 86564.95, "trend": 8.447062, "fair_value": 9.666927, "relative_strength": 0.84646, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 81.986482, "energy": 88.499546, "activity_lines": [ 9.291866, 9.036068, 8.603002, 8.505349 ] }, { "date": "2024-01-19", "close": 9.539826, "volume": 77212, "typical_volume": 89338.9, "trend": 8.485111, "fair_value": 9.661171, "relative_strength": 0.202162, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 77.583869, "energy": 86.129371, "activity_lines": [ 9.397864, 9.173572, 8.711633, 8.57585 ] }, { "date": "2024-01-26", "close": 9.483042, "volume": 144441, "typical_volume": 94671.0, "trend": 8.51444, "fair_value": 9.657325, "relative_strength": -1.128934, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 70.287509, "energy": 78.1657, "activity_lines": [ 9.451495, 9.270178, 8.810217, 8.640232 ] }, { "date": "2024-02-02", "close": 9.426257, "volume": 93025, "typical_volume": 97466.85, "trend": 8.547462, "fair_value": 9.650248, "relative_strength": -2.757053, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.743481, "energy": 74.710257, "activity_lines": [ 9.46159, 9.33403, 8.898539, 8.699059 ] }, { "date": "2024-02-09", "close": 9.87107, "volume": 165147, "typical_volume": 104292.8, "trend": 8.583952, "fair_value": 9.644787, "relative_strength": 0.712042, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 82.078475, "energy": 73.887596, "activity_lines": [ 9.606706, 9.459984, 9.023886, 8.784453 ] }, { "date": "2024-02-16", "close": 9.795357, "volume": 118700, "typical_volume": 109051.4, "trend": 8.617794, "fair_value": 9.638149, "relative_strength": 0.567931, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 72.328914, "energy": 63.146903, "activity_lines": [ 9.68305, 9.549118, 9.134122, 8.862608 ] }, { "date": "2024-02-23", "close": 9.918391, "volume": 69048, "typical_volume": 109928.45, "trend": 8.6576, "fair_value": 9.63403, "relative_strength": 0.425972, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 73.558231, "energy": 63.600932, "activity_lines": [ 9.781477, 9.639285, 9.248051, 8.946518 ] }, { "date": "2024-03-01", "close": 10.003568, "volume": 33707, "typical_volume": 110179.85, "trend": 8.70769, "fair_value": 9.630555, "relative_strength": 0.587054, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 73.592973, "energy": 65.943623, "activity_lines": [ 9.883058, 9.728936, 9.360415, 9.033355 ] }, { "date": "2024-03-08", "close": 10.069817, "volume": 92660, "typical_volume": 112853.85, "trend": 8.760768, "fair_value": 9.624885, "relative_strength": 1.708243, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 72.250998, "energy": 65.632682, "activity_lines": [ 9.972021, 9.814458, 9.468754, 9.121234 ] }, { "date": "2024-03-15", "close": 9.98464, "volume": 48830, "typical_volume": 112939.05, "trend": 8.813954, "fair_value": 9.617929, "relative_strength": 1.001809, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.073514, "energy": 68.944879, "activity_lines": [ 9.989687, 9.869178, 9.556844, 9.200193 ] }, { "date": "2024-03-22", "close": 10.060352, "volume": 35264, "typical_volume": 112582.4, "trend": 8.871217, "fair_value": 9.611903, "relative_strength": -0.335457, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.937453, "energy": 64.412027, "activity_lines": [ 10.02502, 9.923725, 9.63958, 9.280606 ] }, { "date": "2024-03-29", "close": 10.117137, "volume": 51905, "typical_volume": 112319.05, "trend": 8.922923, "fair_value": 9.60587, "relative_strength": 0.012223, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.69844, "energy": 60.426273, "activity_lines": [ 10.061614, 9.978617, 9.71746, 9.360988 ] }, { "date": "2024-04-05", "close": 9.965711, "volume": 47332, "typical_volume": 111649.9, "trend": 8.972996, "fair_value": 9.598199, "relative_strength": -0.52001, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.982709, "energy": 53.731726, "activity_lines": [ 10.034484, 9.99548, 9.770163, 9.428265 ] }, { "date": "2024-04-12", "close": 9.776429, "volume": 88096, "typical_volume": 114612.6, "trend": 9.022036, "fair_value": 9.587684, "relative_strength": -0.849785, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 48.63737, "energy": 42.053517, "activity_lines": [ 9.946783, 9.969153, 9.796666, 9.480099 ] }, { "date": "2024-04-19", "close": 9.483042, "volume": 33125, "typical_volume": 108926.85, "trend": 9.064399, "fair_value": 9.575536, "relative_strength": -0.697708, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 35.836933, "energy": 24.296054, "activity_lines": [ 9.780846, 9.883115, 9.788642, 9.509841 ] }, { "date": "2024-04-26", "close": 9.766965, "volume": 24295, "typical_volume": 96756.4, "trend": 9.119626, "fair_value": 9.565454, "relative_strength": -0.295421, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 32.506869, "energy": 22.43943, "activity_lines": [ 9.742989, 9.855756, 9.803469, 9.555168 ] }, { "date": "2024-05-03", "close": 10.002905, "volume": 28557, "typical_volume": 88309.8, "trend": 9.190181, "fair_value": 9.556432, "relative_strength": 1.557692, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 41.336844, "energy": 23.09118, "activity_lines": [ 9.803339, 9.87181, 9.835314, 9.612154 ] }, { "date": "2024-05-10", "close": 10.263831, "volume": 83862, "typical_volume": 86680.95, "trend": 9.271202, "fair_value": 9.550672, "relative_strength": 2.287627, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 66.573645, "energy": 36.425152, "activity_lines": [ 9.958279, 9.933769, 9.887415, 9.681422 ] }, { "date": "2024-05-17", "close": 10.359324, "volume": 66960, "typical_volume": 86660.55, "trend": 9.36581, "fair_value": 9.544585, "relative_strength": 1.592259, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 74.975081, "energy": 63.212679, "activity_lines": [ 10.125175, 10.008358, 9.943134, 9.751623 ] }, { "date": "2024-05-24", "close": 10.495702, "volume": 104952, "typical_volume": 83904.4, "trend": 9.470793, "fair_value": 9.537388, "relative_strength": 2.900565, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 77.501954, "energy": 82.082794, "activity_lines": [ 10.298672, 10.10248, 10.006453, 9.824519 ] }, { "date": "2024-05-31", "close": 10.88373, "volume": 86192, "typical_volume": 74665.5, "trend": 9.570088, "fair_value": 9.532735, "relative_strength": 7.015452, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 87.750581, "energy": 90.503866, "activity_lines": [ 10.534, 10.25786, 10.100643, 9.915677 ] }, { "date": "2024-06-07", "close": 11.04462, "volume": 45774, "typical_volume": 73093.6, "trend": 9.676298, "fair_value": 9.528225, "relative_strength": 7.197203, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 87.420979, "energy": 93.987515, "activity_lines": [ 10.748507, 10.427522, 10.20362, 10.010808 ] }, { "date": "2024-06-14", "close": 10.684984, "volume": 61837, "typical_volume": 68963.4, "trend": 9.757485, "fair_value": 9.523791, "relative_strength": 2.052306, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.524484, "energy": 79.872714, "activity_lines": [ 10.773688, 10.514933, 10.265181, 10.075884 ] }, { "date": "2024-06-21", "close": 10.467309, "volume": 33270, "typical_volume": 65975.65, "trend": 9.826605, "fair_value": 9.516322, "relative_strength": -0.622219, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.593356, "energy": 56.179781, "activity_lines": [ 10.698234, 10.549688, 10.300288, 10.121679 ] }, { "date": "2024-06-28", "close": 10.524094, "volume": 36857, "typical_volume": 59561.15, "trend": 9.890636, "fair_value": 9.508969, "relative_strength": 0.004251, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 58.804188, "energy": 46.165904, "activity_lines": [ 10.634509, 10.582207, 10.335845, 10.166679 ] }, { "date": "2024-07-05", "close": 10.931051, "volume": 20263, "typical_volume": 54639.3, "trend": 9.96761, "fair_value": 9.503681, "relative_strength": 1.89936, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 69.174449, "energy": 45.072286, "activity_lines": [ 10.704543, 10.66979, 10.40705, 10.233802 ] }, { "date": "2024-07-12", "close": 11.112762, "volume": 20210, "typical_volume": 52197.4, "trend": 10.036762, "fair_value": 9.500794, "relative_strength": 2.599942, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 73.276785, "energy": 49.849852, "activity_lines": [ 10.831993, 10.769246, 10.490153, 10.307683 ] }, { "date": "2024-07-19", "close": 10.893289, "volume": 29406, "typical_volume": 51982.35, "trend": 10.096073, "fair_value": 9.495412, "relative_strength": 2.573293, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 59.977601, "energy": 47.750429, "activity_lines": [ 10.881743, 10.808618, 10.546666, 10.362943 ] }, { "date": "2024-07-26", "close": 11.101405, "volume": 25682, "typical_volume": 48633.45, "trend": 10.158536, "fair_value": 9.491908, "relative_strength": 5.298904, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 69.061765, "energy": 63.756898, "activity_lines": [ 10.986978, 10.874385, 10.618764, 10.427803 ] }, { "date": "2024-08-02", "close": 10.64921, "volume": 55707, "typical_volume": 48977.3, "trend": 10.206242, "fair_value": 9.483924, "relative_strength": 3.126433, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 58.335686, "energy": 43.021877, "activity_lines": [ 10.899207, 10.844442, 10.642882, 10.459459 ] }, { "date": "2024-08-09", "close": 10.516523, "volume": 17672, "typical_volume": 48097.7, "trend": 10.239745, "fair_value": 9.473015, "relative_strength": 1.779768, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 42.499631, "energy": 26.133842, "activity_lines": [ 10.758867, 10.787584, 10.651199, 10.479477 ] }, { "date": "2024-08-16", "close": 10.869534, "volume": 22709, "typical_volume": 46637.9, "trend": 10.284068, "fair_value": 9.465603, "relative_strength": 1.138121, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 44.324647, "energy": 24.274571, "activity_lines": [ 10.763833, 10.801585, 10.690964, 10.520109 ] }, { "date": "2024-08-23", "close": 10.981305, "volume": 33468, "typical_volume": 45944.7, "trend": 10.33401, "fair_value": 9.457376, "relative_strength": 0.72601, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 47.111889, "energy": 22.89589, "activity_lines": [ 10.82227, 10.839092, 10.737791, 10.565092 ] }, { "date": "2024-08-30", "close": 11.029951, "volume": 30261, "typical_volume": 43052.95, "trend": 10.387467, "fair_value": 9.447534, "relative_strength": 0.862457, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 58.888267, "energy": 31.953516, "activity_lines": [ 10.891056, 10.880057, 10.784415, 10.609991 ] }, { "date": "2024-09-06", "close": 10.552486, "volume": 31955, "typical_volume": 42994.45, "trend": 10.410181, "fair_value": 9.435224, "relative_strength": 0.63437, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 33.198725, "energy": 21.247412, "activity_lines": [ 10.805449, 10.823979, 10.779597, 10.620638 ] }, { "date": "2024-09-13", "close": 10.760697, "volume": 36878, "typical_volume": 43623.6, "trend": 10.442359, "fair_value": 9.425978, "relative_strength": -1.354583, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 35.148554, "energy": 19.912897, "activity_lines": [ 10.795695, 10.805242, 10.789516, 10.643252 ] }, { "date": "2024-09-20", "close": 10.950074, "volume": 28770, "typical_volume": 43634.25, "trend": 10.476748, "fair_value": 9.418242, "relative_strength": -1.01818, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 51.467212, "energy": 24.388197, "activity_lines": [ 10.832788, 10.824034, 10.812739, 10.676007 ] }, { "date": "2024-09-27", "close": 10.959443, "volume": 16083, "typical_volume": 40245.3, "trend": 10.508611, "fair_value": 9.412593, "relative_strength": -1.48666, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 49.777519, "energy": 22.430997, "activity_lines": [ 10.867635, 10.847488, 10.832343, 10.707149 ] }, { "date": "2024-10-04", "close": 10.949979, "volume": 29520, "typical_volume": 38373.3, "trend": 10.537949, "fair_value": 9.407476, "relative_strength": -1.879768, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 50.131436, "energy": 27.381988, "activity_lines": [ 10.900785, 10.868018, 10.847734, 10.735624 ] }, { "date": "2024-10-11", "close": 10.968907, "volume": 38553, "typical_volume": 35053.35, "trend": 10.570758, "fair_value": 9.40001, "relative_strength": -2.879887, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 50.51298, "energy": 35.409903, "activity_lines": [ 10.945575, 10.894743, 10.862115, 10.763428 ] }, { "date": "2024-10-18", "close": 11.091941, "volume": 13047, "typical_volume": 31396.1, "trend": 10.605145, "fair_value": 9.392443, "relative_strength": -2.716199, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 58.682943, "energy": 42.476255, "activity_lines": [ 11.003615, 10.938025, 10.88596, 10.797053 ] }, { "date": "2024-10-25", "close": 10.940515, "volume": 30610, "typical_volume": 30637.9, "trend": 10.632591, "fair_value": 9.384404, "relative_strength": -3.197483, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 51.485242, "energy": 33.003093, "activity_lines": [ 10.989097, 10.943313, 10.894392, 10.81869 ] }, { "date": "2024-11-01", "close": 10.779625, "volume": 36321, "typical_volume": 29362.1, "trend": 10.659721, "fair_value": 9.372315, "relative_strength": -3.327269, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 41.910774, "energy": 21.485274, "activity_lines": [ 10.921587, 10.918057, 10.887997, 10.828176 ] }, { "date": "2024-11-08", "close": 11.177118, "volume": 45336, "typical_volume": 29965.4, "trend": 10.706411, "fair_value": 9.362675, "relative_strength": -4.369242, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 59.008229, "energy": 29.972656, "activity_lines": [ 10.998562, 10.96874, 10.919008, 10.861556 ] }, { "date": "2024-11-15", "close": 10.732305, "volume": 43253, "typical_volume": 30285.2, "trend": 10.748053, "fair_value": 9.351468, "relative_strength": -6.204052, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 21.783572, "energy": 9.562827, "activity_lines": [ 10.912123, 10.935873, 10.904276, 10.863227 ] }, { "date": "2024-11-22", "close": 11.091941, "volume": 78279, "typical_volume": 33186.0, "trend": 10.792219, "fair_value": 9.344988, "relative_strength": -4.644154, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 40.217208, "energy": 17.815675, "activity_lines": [ 10.961336, 10.965124, 10.922803, 10.885413 ] }, { "date": "2024-11-29", "close": 11.15819, "volume": 40542, "typical_volume": 34202.6, "trend": 10.830728, "fair_value": 9.33829, "relative_strength": -5.15102, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 53.575366, "energy": 32.371308, "activity_lines": [ 11.032633, 11.000397, 10.946873, 10.909024 ] }, { "date": "2024-12-06", "close": 11.224438, "volume": 33926, "typical_volume": 34428.6, "trend": 10.862748, "fair_value": 9.325445, "relative_strength": -5.364932, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 56.987874, "energy": 39.209421, "activity_lines": [ 11.1115, 11.043932, 10.977037, 10.934425 ] }, { "date": "2024-12-13", "close": 11.125119, "volume": 61555, "typical_volume": 36222.25, "trend": 10.888275, "fair_value": 9.321672, "relative_strength": -5.547825, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 52.160311, "energy": 48.085513, "activity_lines": [ 11.127607, 11.064591, 10.996164, 10.951352 ] }, { "date": "2024-12-20", "close": 10.642275, "volume": 104343, "typical_volume": 38654.05, "trend": 10.893161, "fair_value": 9.313748, "relative_strength": -7.822416, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 13.985505, "energy": 9.694772, "activity_lines": [ 10.986232, 10.994275, 10.969194, 10.935481 ] }, { "date": "2024-12-27", "close": 10.602859, "volume": 92059, "typical_volume": 42373.4, "trend": 10.883798, "fair_value": 9.304509, "relative_strength": -8.593719, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -17.897755, "energy": 14.225623, "activity_lines": [ 10.837721, 10.922732, 10.938502, 10.916752 ] }, { "date": "2025-01-03", "close": 10.711253, "volume": 74458, "typical_volume": 44960.85, "trend": 10.872686, "fair_value": 9.296907, "relative_strength": -7.011521, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -14.069128, "energy": 19.967154, "activity_lines": [ 10.757947, 10.879789, 10.917723, 10.90562 ] }, { "date": "2025-01-10", "close": 10.474758, "volume": 75880, "typical_volume": 47081.45, "trend": 10.865679, "fair_value": 9.289672, "relative_strength": -7.070594, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -36.559248, "energy": 37.097148, "activity_lines": [ 10.629137, 10.798016, 10.875174, 10.879947 ] }, { "date": "2025-01-17", "close": 10.839354, "volume": 129611, "typical_volume": 52048.95, "trend": 10.87808, "fair_value": 9.289363, "relative_strength": -6.411046, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -25.732378, "energy": 37.005687, "activity_lines": [ 10.671837, 10.788076, 10.869761, 10.878249 ] }, { "date": "2025-01-24", "close": 10.967456, "volume": 51412, "typical_volume": 53021.8, "trend": 10.892859, "fair_value": 9.291818, "relative_strength": -6.76919, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -41.309713, "energy": 21.777208, "activity_lines": [ 10.776289, 10.807568, 10.877455, 10.884015 ] }, { "date": "2025-01-31", "close": 10.770377, "volume": 39812, "typical_volume": 53168.5, "trend": 10.887503, "fair_value": 9.291539, "relative_strength": -7.378538, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -36.803563, "energy": 17.478961, "activity_lines": [ 10.793369, 10.786952, 10.864404, 10.876113 ] }, { "date": "2025-02-07", "close": 10.957602, "volume": 37472, "typical_volume": 53603.6, "trend": 10.882331, "fair_value": 9.294637, "relative_strength": -5.443031, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -23.417592, "energy": 14.262972, "activity_lines": [ 10.86169, 10.806223, 10.869138, 10.880635 ] }, { "date": "2025-02-14", "close": 11.064025, "volume": 24344, "typical_volume": 54016.65, "trend": 10.888022, "fair_value": 9.299123, "relative_strength": -5.761963, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 12.601263, "energy": 13.979602, "activity_lines": [ 10.949062, 10.848492, 10.883972, 10.892358 ] }, { "date": "2025-02-21", "close": 11.016726, "volume": 35346, "typical_volume": 54307.95, "trend": 10.8852, "fair_value": 9.303424, "relative_strength": -4.503115, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 11.389464, "energy": 13.205748, "activity_lines": [ 10.981383, 10.885077, 10.893803, 10.900661 ] }, { "date": "2025-02-28", "close": 10.711253, "volume": 35102, "typical_volume": 54135.4, "trend": 10.887268, "fair_value": 9.308414, "relative_strength": -6.088605, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -5.021812, "energy": 6.767461, "activity_lines": [ 10.900055, 10.868092, 10.874223, 10.889439 ] }, { "date": "2025-03-07", "close": 10.45505, "volume": 74308, "typical_volume": 57198.45, "trend": 10.885219, "fair_value": 9.312881, "relative_strength": -5.259906, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -57.466905, "energy": 30.450026, "activity_lines": [ 10.750406, 10.803271, 10.83147, 10.861554 ] }, { "date": "2025-03-14", "close": 10.326949, "volume": 108326, "typical_volume": 61084.25, "trend": 10.867132, "fair_value": 9.313172, "relative_strength": -4.103797, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -63.68247, "energy": 54.238096, "activity_lines": [ 10.579079, 10.717846, 10.77955, 10.825536 ] }, { "date": "2025-03-21", "close": 10.469831, "volume": 117029, "typical_volume": 65119.65, "trend": 10.850083, "fair_value": 9.314497, "relative_strength": -3.174144, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -57.485028, "energy": 62.389269, "activity_lines": [ 10.497422, 10.665387, 10.744159, 10.799904 ] }, { "date": "2025-03-28", "close": 10.366364, "volume": 79098, "typical_volume": 66807.75, "trend": 10.827964, "fair_value": 9.313804, "relative_strength": -2.604562, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.444824, "energy": 70.214819, "activity_lines": [ 10.42089, 10.594206, 10.70039, 10.768696 ] }, { "date": "2025-04-04", "close": 9.4598, "volume": 118099, "typical_volume": 70550.05, "trend": 10.791541, "fair_value": 9.310479, "relative_strength": -2.187112, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -92.349391, "energy": 86.852433, "activity_lines": [ 10.085526, 10.366794, 10.574141, 10.680428 ] }, { "date": "2025-04-11", "close": 9.750492, "volume": 125139, "typical_volume": 72893.05, "trend": 10.757867, "fair_value": 9.309899, "relative_strength": -4.485591, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -76.133914, "energy": 80.544104, "activity_lines": [ 9.930491, 10.219648, 10.481638, 10.613263 ] }, { "date": "2025-04-18", "close": 10.079614, "volume": 121564, "typical_volume": 76944.15, "trend": 10.728852, "fair_value": 9.312464, "relative_strength": 0.1757, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.991618, "energy": 74.360837, "activity_lines": [ 9.932133, 10.150885, 10.426867, 10.569505 ] }, { "date": "2025-04-25", "close": 10.45505, "volume": 52589, "typical_volume": 77877.3, "trend": 10.712039, "fair_value": 9.319755, "relative_strength": -0.617977, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.543022, "energy": 47.876879, "activity_lines": [ 10.07541, 10.166347, 10.412988, 10.55184 ] }, { "date": "2025-05-02", "close": 10.691545, "volume": 41313, "typical_volume": 76865.2, "trend": 10.703424, "fair_value": 9.330328, "relative_strength": -1.166223, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -31.648353, "energy": 20.32647, "activity_lines": [ 10.298503, 10.23588, 10.425296, 10.550518 ] }, { "date": "2025-05-09", "close": 10.849208, "volume": 71586, "typical_volume": 75227.35, "trend": 10.699434, "fair_value": 9.345442, "relative_strength": 0.795623, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -10.138247, "energy": 18.273085, "activity_lines": [ 10.552473, 10.339991, 10.454684, 10.559924 ] }, { "date": "2025-05-16", "close": 11.144827, "volume": 60453, "typical_volume": 73647.05, "trend": 10.701197, "fair_value": 9.361627, "relative_strength": -1.556074, "stage": 3, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "mixed", "direction": 20.621117, "energy": 29.913467, "activity_lines": [ 10.812354, 10.495344, 10.511241, 10.588659 ] }, { "date": "2025-05-23", "close": 11.115265, "volume": 132526, "typical_volume": 76550.45, "trend": 10.707022, "fair_value": 9.374739, "relative_strength": 0.830947, "stage": 3, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 27.775568, "energy": 35.033255, "activity_lines": [ 10.969426, 10.632779, 10.562402, 10.615373 ] }, { "date": "2025-05-30", "close": 11.308403, "volume": 60515, "typical_volume": 75782.2, "trend": 10.724648, "fair_value": 9.388647, "relative_strength": 0.968492, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 34.140305, "energy": 51.382733, "activity_lines": [ 11.121834, 10.790998, 10.630033, 10.654171 ] }, { "date": "2025-06-06", "close": 11.578401, "volume": 35362, "typical_volume": 71069.75, "trend": 10.738024, "fair_value": 9.406964, "relative_strength": 1.863873, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 50.443901, "energy": 66.683954, "activity_lines": [ 11.307352, 10.983061, 10.719408, 10.709252 ] }, { "date": "2025-06-13", "close": 11.509424, "volume": 52617, "typical_volume": 71130.0, "trend": 10.763928, "fair_value": 9.429547, "relative_strength": 1.687694, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 43.441988, "energy": 64.713494, "activity_lines": [ 11.410753, 11.140545, 10.798695, 10.75902 ] }, { "date": "2025-06-20", "close": 11.474935, "volume": 37959, "typical_volume": 71037.35, "trend": 10.776695, "fair_value": 9.449569, "relative_strength": 1.561815, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 66.280237, "energy": 70.631146, "activity_lines": [ 11.458643, 11.254493, 10.872116, 10.804891 ] }, { "date": "2025-06-27", "close": 11.706503, "volume": 130725, "typical_volume": 75700.0, "trend": 10.794972, "fair_value": 9.471532, "relative_strength": 0.190014, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 72.197078, "energy": 69.872242, "activity_lines": [ 11.561715, 11.37919, 10.964237, 10.864879 ] }, { "date": "2025-07-04", "close": 12.179493, "volume": 65037, "typical_volume": 77734.65, "trend": 10.826807, "fair_value": 9.495938, "relative_strength": 2.548983, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 84.584089, "energy": 81.794284, "activity_lines": [ 11.783035, 11.560306, 11.097838, 10.954203 ] }, { "date": "2025-07-11", "close": 12.130223, "volume": 67201, "typical_volume": 79327.4, "trend": 10.860311, "fair_value": 9.520735, "relative_strength": 2.482227, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 79.44507, "energy": 87.913592, "activity_lines": [ 11.929859, 11.70111, 11.221435, 11.038294 ] }, { "date": "2025-07-18", "close": 12.071099, "volume": 127606, "typical_volume": 83952.6, "trend": 10.907938, "fair_value": 9.543505, "relative_strength": 1.427034, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 71.643796, "energy": 86.947177, "activity_lines": [ 12.020187, 11.805007, 11.334098, 11.11641 ] }, { "date": "2025-07-25", "close": 12.268178, "volume": 134777, "typical_volume": 86976.05, "trend": 10.963449, "fair_value": 9.565479, "relative_strength": 1.685725, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 77.40603, "energy": 90.063174, "activity_lines": [ 12.138763, 11.922519, 11.459056, 11.204167 ] }, { "date": "2025-08-01", "close": 11.755772, "volume": 77344, "typical_volume": 85426.95, "trend": 10.998266, "fair_value": 9.583167, "relative_strength": -0.01661, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.835883, "energy": 73.976563, "activity_lines": [ 12.033654, 11.926443, 11.526579, 11.255285 ] }, { "date": "2025-08-08", "close": 12.080953, "volume": 39993, "typical_volume": 81575.15, "trend": 11.051806, "fair_value": 9.601292, "relative_strength": 0.359769, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.50652, "energy": 58.011154, "activity_lines": [ 12.033654, 11.977845, 11.618268, 11.325135 ] }, { "date": "2025-08-15", "close": 12.238616, "volume": 38106, "typical_volume": 79525.55, "trend": 11.098448, "fair_value": 9.622194, "relative_strength": 0.765735, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 74.107102, "energy": 60.70027, "activity_lines": [ 12.092778, 12.043866, 11.7173, 11.401704 ] }, { "date": "2025-08-22", "close": 12.429783, "volume": 112982, "typical_volume": 79269.7, "trend": 11.147192, "fair_value": 9.64691, "relative_strength": 2.096818, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 78.855174, "energy": 63.448242, "activity_lines": [ 12.208397, 12.132641, 11.825623, 11.487596 ] }, { "date": "2025-08-29", "close": 12.549016, "volume": 48505, "typical_volume": 75438.0, "trend": 11.20648, "fair_value": 9.675097, "relative_strength": 3.15522, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 79.599204, "energy": 71.945452, "activity_lines": [ 12.339849, 12.226361, 11.931159, 11.578037 ] }, { "date": "2025-09-05", "close": 12.60814, "volume": 62644, "typical_volume": 72492.0, "trend": 11.261498, "fair_value": 9.701722, "relative_strength": 3.32125, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 76.042946, "energy": 83.323635, "activity_lines": [ 12.472287, 12.311303, 12.028999, 11.668466 ] }, { "date": "2025-09-12", "close": 12.849562, "volume": 102594, "typical_volume": 74992.25, "trend": 11.321016, "fair_value": 9.733012, "relative_strength": 3.653665, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 82.452846, "energy": 86.486061, "activity_lines": [ 12.628373, 12.423745, 12.137792, 11.770922 ] }, { "date": "2025-09-19", "close": 12.945441, "volume": 141025, "typical_volume": 79977.85, "trend": 11.385306, "fair_value": 9.768566, "relative_strength": 3.152635, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 80.051443, "energy": 83.444184, "activity_lines": [ 12.765179, 12.541437, 12.244313, 11.875724 ] }, { "date": "2025-09-26", "close": 12.603213, "volume": 40782, "typical_volume": 78437.65, "trend": 11.448372, "fair_value": 9.802162, "relative_strength": 0.748509, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.392404, "energy": 64.823834, "activity_lines": [ 12.740787, 12.582084, 12.307508, 11.954298 ] }, { "date": "2025-10-03", "close": 12.833303, "volume": 67073, "typical_volume": 78768.65, "trend": 11.527647, "fair_value": 9.835172, "relative_strength": 1.472008, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 69.524738, "energy": 63.615487, "activity_lines": [ 12.78153, 12.654891, 12.384265, 12.043649 ] }, { "date": "2025-10-10", "close": 12.494819, "volume": 46771, "typical_volume": 74480.9, "trend": 11.599909, "fair_value": 9.867779, "relative_strength": 1.247181, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.166726, "energy": 50.498222, "activity_lines": [ 12.690493, 12.65588, 12.420744, 12.106047 ] }, { "date": "2025-10-17", "close": 12.718307, "volume": 79119, "typical_volume": 75411.1, "trend": 11.674858, "fair_value": 9.899876, "relative_strength": 1.30072, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 50.463857, "energy": 38.525594, "activity_lines": [ 12.681506, 12.684065, 12.471938, 12.178202 ] }, { "date": "2025-10-24", "close": 12.736241, "volume": 61673, "typical_volume": 76726.65, "trend": 11.753854, "fair_value": 9.929352, "relative_strength": -0.45057, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 49.127074, "energy": 36.249095, "activity_lines": [ 12.687247, 12.703924, 12.518127, 12.246678 ] }, { "date": "2025-10-31", "close": 12.613067, "volume": 70368, "typical_volume": 77614.2, "trend": 11.858963, "fair_value": 9.959009, "relative_strength": -2.047437, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 43.305445, "energy": 29.768472, "activity_lines": [ 12.665877, 12.692339, 12.547072, 12.302111 ] }, { "date": "2025-11-07", "close": 12.258324, "volume": 98849, "typical_volume": 80658.7, "trend": 11.942557, "fair_value": 9.982802, "relative_strength": -3.165616, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 32.391539, "energy": 19.739415, "activity_lines": [ 12.525603, 12.612923, 12.536975, 12.327876 ] }, { "date": "2025-11-14", "close": 12.287886, "volume": 332691, "typical_volume": 90757.0, "trend": 12.016167, "fair_value": 10.007727, "relative_strength": -3.045403, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 24.068155, "energy": 15.72763, "activity_lines": [ 12.433514, 12.544168, 12.525964, 12.350156 ] }, { "date": "2025-11-21", "close": 12.002121, "volume": 106938, "typical_volume": 92852.05, "trend": 12.067736, "fair_value": 10.029643, "relative_strength": -3.383474, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -5.764659, "energy": 17.756377, "activity_lines": [ 12.259966, 12.429278, 12.484969, 12.349249 ] }, { "date": "2025-11-28", "close": 12.465257, "volume": 58786, "typical_volume": 92431.3, "trend": 12.126859, "fair_value": 10.053409, "relative_strength": -3.182519, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 6.762333, "energy": 17.340549, "activity_lines": [ 12.288543, 12.414002, 12.488927, 12.374896 ] }, { "date": "2025-12-05", "close": 12.603213, "volume": 157812, "typical_volume": 93941.6, "trend": 12.185326, "fair_value": 10.079766, "relative_strength": -2.408455, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 16.4783, "energy": 13.07339, "activity_lines": [ 12.38117, 12.43254, 12.504427, 12.405628 ] }, { "date": "2025-12-12", "close": 12.74, "volume": 119531, "typical_volume": 93179.3, "trend": 12.238499, "fair_value": 10.109149, "relative_strength": -0.785787, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 38.2692, "energy": 17.188088, "activity_lines": [ 12.52005, 12.475949, 12.530422, 12.441414 ] }, { "date": "2025-12-19", "close": 12.99, "volume": 104899, "typical_volume": 94557.05, "trend": 12.30099, "fair_value": 10.140075, "relative_strength": 0.94938, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 53.391903, "energy": 36.298065, "activity_lines": [ 12.710152, 12.566508, 12.577978, 12.489898 ] }, { "date": "2025-12-26", "close": 13.2, "volume": 58384, "typical_volume": 95476.6, "trend": 12.364043, "fair_value": 10.173063, "relative_strength": 1.024576, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 71.536209, "energy": 65.653708, "activity_lines": [ 12.923446, 12.686246, 12.639658, 12.547898 ] }, { "date": "2026-01-02", "close": 13.06, "volume": 117839, "typical_volume": 99463.25, "trend": 12.41343, "fair_value": 10.202468, "relative_strength": 0.914688, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 64.554376, "energy": 69.937031, "activity_lines": [ 13.010214, 12.771771, 12.682676, 12.592799 ] }, { "date": "2026-01-09", "close": 13.44, "volume": 236399, "typical_volume": 105634.1, "trend": 12.477782, "fair_value": 10.232518, "relative_strength": 2.10517, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 80.407268, "energy": 81.033458, "activity_lines": [ 13.184, 12.920501, 12.757972, 12.659029 ] }, { "date": "2026-01-16", "close": 13.7, "volume": 318796, "typical_volume": 119148.65, "trend": 12.551951, "fair_value": 10.264235, "relative_strength": 4.289068, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 85.668047, "energy": 88.037809, "activity_lines": [ 13.388667, 13.101468, 12.853221, 12.737882 ] }, { "date": "2026-01-23", "close": 14.0, "volume": 63237, "typical_volume": 119178.3, "trend": 12.628401, "fair_value": 10.296622, "relative_strength": 6.725704, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 88.759877, "energy": 93.129351, "activity_lines": [ 13.629333, 13.310769, 12.971559, 12.831305 ] }, { "date": "2026-01-30", "close": 14.57, "volume": 214690, "typical_volume": 124783.1, "trend": 12.708084, "fair_value": 10.330963, "relative_strength": 10.30238, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 93.572111, "energy": 96.63004, "activity_lines": [ 13.992667, 13.592576, 13.137556, 12.956569 ] }, { "date": "2026-02-06", "close": 14.31, "volume": 163796, "typical_volume": 125921.65, "trend": 12.780744, "fair_value": 10.36486, "relative_strength": 8.298405, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 76.308751, "energy": 90.318141, "activity_lines": [ 14.178, 13.780422, 13.270597, 13.059918 ] }, { "date": "2026-02-13", "close": 14.34, "volume": 149259, "typical_volume": 131345.5, "trend": 12.856374, "fair_value": 10.398814, "relative_strength": 9.642639, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 71.32143, "energy": 84.307522, "activity_lines": [ 14.29, 13.940182, 13.399999, 13.160516 ] }, { "date": "2026-02-20", "close": 14.46, "volume": 78073, "typical_volume": 131895.5, "trend": 12.929434, "fair_value": 10.43588, "relative_strength": 9.066616, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 72.673329, "energy": 75.008768, "activity_lines": [ 14.382, 14.090182, 13.532558, 13.263975 ] }, { "date": "2026-02-27", "close": 14.43, "volume": 92908, "typical_volume": 134202.35, "trend": 13.018575, "fair_value": 10.471262, "relative_strength": 9.080997, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 68.891652, "energy": 65.596913, "activity_lines": [ 14.413333, 14.203455, 13.654514, 13.360786 ] }, { "date": "2026-03-06", "close": 13.99, "volume": 99309, "typical_volume": 135211.85, "trend": 13.08221, "fair_value": 10.507404, "relative_strength": 7.633585, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 64.317717, "energy": 55.741926, "activity_lines": [ 14.269333, 14.210545, 13.72535, 13.423459 ] }, { "date": "2026-03-13", "close": 13.71, "volume": 76866, "typical_volume": 135971.5, "trend": 13.131256, "fair_value": 10.544676, "relative_strength": 6.859165, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 49.239963, "energy": 39.658814, "activity_lines": [ 14.070667, 14.152364, 13.763464, 13.463961 ] }, { "date": "2026-03-20", "close": 13.27, "volume": 83488, "typical_volume": 136627.5, "trend": 13.159264, "fair_value": 10.578471, "relative_strength": 5.150625, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 26.785553, "energy": 22.380746, "activity_lines": [ 13.765333, 14.002364, 13.755036, 13.472912 ] }, { "date": "2026-03-27", "close": 13.09, "volume": 36989, "typical_volume": 133534.5, "trend": 13.177296, "fair_value": 10.608665, "relative_strength": 5.907288, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 6.567285, "energy": 22.146073, "activity_lines": [ 13.471333, 13.822727, 13.726337, 13.468444 ] }, { "date": "2026-04-03", "close": 13.5, "volume": 40406, "typical_volume": 118920.25, "trend": 13.207025, "fair_value": 10.643338, "relative_strength": 5.432396, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 8.210974, "energy": 22.651829, "activity_lines": [ 13.405333, 13.728727, 13.732725, 13.489263 ] }, { "date": "2026-04-10", "close": 14.15, "volume": 121152, "typical_volume": 119630.95, "trend": 13.250373, "fair_value": 10.681222, "relative_strength": 6.418741, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 26.240213, "energy": 21.446471, "activity_lines": [ 13.618, 13.762, 13.795246, 13.5501 ] }, { "date": "2026-04-17", "close": 14.598, "volume": 100681, "typical_volume": 121725.7, "trend": 13.305458, "fair_value": 10.722814, "relative_strength": 4.922298, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 53.42399, "energy": 27.780134, "activity_lines": [ 13.969333, 13.884364, 13.890206, 13.637044 ] }, { "date": "2026-04-24", "close": 14.49, "volume": 96761, "typical_volume": 118673.15, "trend": 13.368351, "fair_value": 10.763474, "relative_strength": 3.48092, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 60.4107, "energy": 47.87674, "activity_lines": [ 14.225467, 13.981855, 13.964724, 13.713466 ] }, { "date": "2026-05-01", "close": 14.37, "volume": 64722, "typical_volume": 115932.7, "trend": 13.419575, "fair_value": 10.803306, "relative_strength": 1.58278, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 57.015815, "energy": 59.529212, "activity_lines": [ 14.360267, 14.0548, 14.018829, 13.778089 ] }, { "date": "2026-05-08", "close": 14.55, "volume": 56340, "typical_volume": 113504.75, "trend": 13.488081, "fair_value": 10.845545, "relative_strength": 0.46128, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.849882, "energy": 67.740891, "activity_lines": [ 14.469733, 14.162109, 14.082314, 13.851019 ] }, { "date": "2026-05-15", "close": 14.225, "volume": 86815, "typical_volume": 114926.3, "trend": 13.538304, "fair_value": 10.884148, "relative_strength": -2.014894, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 57.949203, "energy": 55.709008, "activity_lines": [ 14.400867, 14.208145, 14.107419, 13.898562 ] }, { "date": "2026-05-22", "close": 14.13, "volume": 59291, "typical_volume": 111998.9, "trend": 13.584762, "fair_value": 10.922919, "relative_strength": -3.469996, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 52.275205, "energy": 32.463374, "activity_lines": [ 14.295333, 14.232636, 14.118595, 13.936736 ] }, { "date": "2026-05-29", "close": 14.49, "volume": 23129, "typical_volume": 101335.4, "trend": 13.647327, "fair_value": 10.962744, "relative_strength": -2.404992, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 57.376089, "energy": 32.230222, "activity_lines": [ 14.341, 14.314945, 14.158962, 13.995139 ] }, { "date": "2026-06-05", "close": 14.02, "volume": 55075, "typical_volume": 88149.35, "trend": 13.706049, "fair_value": 10.997706, "relative_strength": -3.095902, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 36.769923, "energy": 18.365501, "activity_lines": [ 14.23, 14.289618, 14.149567, 14.019182 ] }, { "date": "2026-06-12", "close": 14.45, "volume": 90746, "typical_volume": 89524.8, "trend": 13.77812, "fair_value": 11.034887, "relative_strength": -0.68749, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 42.50829, "energy": 21.622855, "activity_lines": [ 14.285667, 14.325564, 14.1796, 14.067179 ] }, { "date": "2026-06-19", "close": 14.45, "volume": 86072, "typical_volume": 83093.9, "trend": 13.859716, "fair_value": 11.07368, "relative_strength": -1.585444, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 52.165375, "energy": 27.180878, "activity_lines": [ 14.348, 14.344236, 14.20749, 14.110526 ] }, { "date": "2026-06-26", "close": 14.1606, "volume": 116178, "typical_volume": 80713.0, "trend": 13.916227, "fair_value": 11.109304, "relative_strength": -1.225258, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 35.843265, "energy": 16.917805, "activity_lines": [ 14.298867, 14.304836, 14.20839, 14.129938 ] }, { "date": "2026-07-03", "close": 14.41, "volume": 80387, "typical_volume": 77269.4, "trend": 13.976453, "fair_value": 11.147602, "relative_strength": -1.583513, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 50.829264, "energy": 25.065286, "activity_lines": [ 14.330827, 14.318735, 14.233754, 14.161794 ] }, { "date": "2026-07-10", "close": 14.44, "volume": 64119, "typical_volume": 76571.7, "trend": 14.03312, "fair_value": 11.183907, "relative_strength": -2.655814, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 50.540929, "energy": 25.131539, "activity_lines": [ 14.37812, 14.339542, 14.261642, 14.191701 ] }, { "date": "2026-07-17", "close": 14.7, "volume": 107625, "typical_volume": 77307.55, "trend": 14.09012, "fair_value": 11.221855, "relative_strength": 0.61896, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 61.295575, "energy": 35.81159, "activity_lines": [ 14.48408, 14.406349, 14.314387, 14.234725 ] }, { "date": "2026-07-24", "close": 14.59, "volume": 57324, "typical_volume": 75208.3, "trend": 14.136453, "fair_value": 11.259456, "relative_strength": 0.428197, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 56.323473, "energy": 44.351893, "activity_lines": [ 14.536707, 14.450429, 14.35537, 14.266975 ] }, { "date": "2026-07-31", "close": 15.12, "volume": 70431, "typical_volume": 74886.55, "trend": 14.20512, "fair_value": 11.301887, "relative_strength": 2.834955, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 74.184142, "energy": 64.529627, "activity_lines": [ 14.756667, 14.584236, 14.443971, 14.33043 ] }, { "date": "2026-08-07", "close": 15.58, "volume": 111653, "typical_volume": 76294.8, "trend": 14.276453, "fair_value": 11.347416, "relative_strength": 2.271296, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 84.781016, "energy": 79.445283, "activity_lines": [ 15.066, 14.78368, 14.569669, 14.419132 ] } ], "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." } } }