{ "ticker": { "uuid": "8f0e9cb8-f451-47d9-931b-1e3703218d19", "symbol": "EDME", "name": "iShares MSCI USA CTB Enhanced ESG UCITS ETF USD 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": 92.131, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Established expansion", "architecture_gate": "up", "architecture_direction": 83.075, "architecture_energy": 64.809, "architecture_maturity": 86.092, "architecture_confidence": 63.768, "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": 16.23, "rotation_up": 52.09, "upward_expansion": 82.39, "deceleration": 71.42, "rotation_down": 29.25, "downward_expansion": 11.39 }, "activity_lines": [ 11.802533, 11.765382, 11.59441, 11.326335 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.5 }, "latest_close": 12.052, "trend_reference": 11.014867, "distance_from_trend": 0.094158, "trend_direction": "Improving", "fair_value": 9.54166, "distance_from_fair_value": 0.263093, "fair_value_direction": "Improving", "relative_strength": -3.573063, "relative_strength_direction": "Weakening", "price_momentum": 0.158401, "excess_performance": -0.012491, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.094158, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.038237, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.263093, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.039234, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.035731, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.002664, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.158401, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 2.340156, "read": "Demand-led" } ], "volume": { "latest": 475836, "relative_activity": 0.758734, "balance": 2.340156, "dry_up": 0.876374, "accumulation_observations": 3, "distribution_observations": 2 }, "risk": { "range_context": 0.018918, "annualized_volatility": 0.123357, "from_high_reference": -0.002153, "from_low_reference": 0.225793 }, "levels": { "trend_reference": 11.014867, "fair_value_reference": 9.54166, "structural_low": 9.889, "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 28, "median_return": 0.011347, "positive_rate": 0.607143, "directional_follow_through": 0.607143, "median_excess_return": -0.005386, "regime_survival": 0.857143, "best_return": 0.06668, "worst_return": -0.115875, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 9, "median_return": 0.0512, "positive_rate": 0.777778, "directional_follow_through": 0.777778, "median_excess_return": -0.006424, "regime_survival": 0.666667, "best_return": 0.11536, "worst_return": -0.10636, "sufficient": true }, { "horizon": "Extended", "sample_count": 5, "median_return": 0.090492, "positive_rate": 0.8, "directional_follow_through": 0.8, "median_excess_return": -0.004129, "regime_survival": 0.6, "best_return": 0.172467, "worst_return": -0.099403, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 2, "median_return": 0.148035, "positive_rate": 1.0, "directional_follow_through": 1.0, "median_excess_return": -0.052933, "regime_survival": 0.5, "best_return": 0.278565, "worst_return": 0.017504, "sufficient": false } ], "ledger": [ { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-05-03", "end": "2024-05-17", "tenure": "New", "return": 0.028902, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-05-24", "end": "2024-08-02", "tenure": "Developing", "return": -0.001589, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-08-09", "end": "2024-09-20", "tenure": "Developing", "return": 0.049864, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-09-27", "end": "2025-02-28", "tenure": "Established", "return": 0.089744, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-03-07", "end": "2025-04-11", "tenure": "Developing", "return": -0.12022, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-04-18", "end": "2025-06-13", "tenure": "Developing", "return": 0.122161, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-06-20", "end": "2025-07-11", "tenure": "New", "return": 0.028849, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-07-18", "end": "2025-07-25", "tenure": "New", "return": 0.007906, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-08-01", "end": "2025-08-29", "tenure": "Developing", "return": 0.022063, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-09-05", "end": "2026-02-06", "tenure": "Established", "return": 0.046154, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-02-13", "end": "2026-04-03", "tenure": "Developing", "return": -0.012646, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-04-10", "end": "2026-04-24", "tenure": "New", "return": 0.04948, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2026-05-01", "end": "2026-05-08", "tenure": "New", "return": 0.027081, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-05-15", "end": "2026-08-07", "tenure": "Established", "return": 0.053497, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 7.234, "volume": 28396, "typical_volume": 120506.85, "trend": 6.9869, "fair_value": 7.00708, "relative_strength": -4.183446, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.127248, "energy": 53.816062, "activity_lines": [ 7.339467, 7.334927, 7.232262, 7.115095 ] }, { "date": "2023-08-25", "close": 7.338, "volume": 8508, "typical_volume": 112559.05, "trend": 7.007133, "fair_value": 7.010798, "relative_strength": -3.810432, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 47.706046, "energy": 39.512969, "activity_lines": [ 7.328133, 7.338073, 7.2548, 7.137746 ] }, { "date": "2023-09-01", "close": 7.556, "volume": 20200, "typical_volume": 102990.25, "trend": 7.026867, "fair_value": 7.016856, "relative_strength": -2.032238, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 80.648714, "energy": 54.499587, "activity_lines": [ 7.393267, 7.380127, 7.295081, 7.173157 ] }, { "date": "2023-09-08", "close": 7.527, "volume": 51616, "typical_volume": 93460.5, "trend": 7.048633, "fair_value": 7.022462, "relative_strength": -0.519294, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 73.388462, "energy": 56.410768, "activity_lines": [ 7.444933, 7.410327, 7.328738, 7.205424 ] }, { "date": "2023-09-15", "close": 7.539, "volume": 24508, "typical_volume": 88303.15, "trend": 7.071467, "fair_value": 7.028076, "relative_strength": -2.15223, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 69.980993, "energy": 60.955284, "activity_lines": [ 7.492067, 7.439182, 7.359795, 7.23706 ] }, { "date": "2023-09-22", "close": 7.361, "volume": 143394, "typical_volume": 89712.3, "trend": 7.091267, "fair_value": 7.031656, "relative_strength": -2.932318, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 60.713923, "energy": 52.812922, "activity_lines": [ 7.466133, 7.430709, 7.3701, 7.25574 ] }, { "date": "2023-09-29", "close": 7.345, "volume": 80220, "typical_volume": 88901.3, "trend": 7.108367, "fair_value": 7.034989, "relative_strength": -1.53067, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 56.424516, "energy": 42.616199, "activity_lines": [ 7.4264, 7.417418, 7.375829, 7.27211 ] }, { "date": "2023-10-06", "close": 7.295, "volume": 231832, "typical_volume": 97178.7, "trend": 7.131, "fair_value": 7.037726, "relative_strength": -0.251901, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 38.334966, "energy": 22.365455, "activity_lines": [ 7.369533, 7.395945, 7.374262, 7.284151 ] }, { "date": "2023-10-13", "close": 7.441, "volume": 45123, "typical_volume": 96877.45, "trend": 7.158933, "fair_value": 7.041927, "relative_strength": 0.615218, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 40.959324, "energy": 23.144638, "activity_lines": [ 7.378733, 7.404727, 7.385038, 7.304151 ] }, { "date": "2023-10-20", "close": 7.187, "volume": 47575, "typical_volume": 79785.3, "trend": 7.1793, "fair_value": 7.043423, "relative_strength": 0.667553, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -0.703072, "energy": 11.693465, "activity_lines": [ 7.309, 7.366564, 7.369667, 7.305961 ] }, { "date": "2023-10-27", "close": 7.045, "volume": 101871, "typical_volume": 81481.7, "trend": 7.1887, "fair_value": 7.043439, "relative_strength": -0.699822, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -16.983939, "energy": 26.716341, "activity_lines": [ 7.2154, 7.305236, 7.34071, 7.297297 ] }, { "date": "2023-11-03", "close": 7.325, "volume": 159745, "typical_volume": 85445.8, "trend": 7.2094, "fair_value": 7.046283, "relative_strength": -1.504969, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 6.403343, "energy": 17.476308, "activity_lines": [ 7.2362, 7.298255, 7.339086, 7.30609 ] }, { "date": "2023-11-10", "close": 7.386, "volume": 233736, "typical_volume": 88244.45, "trend": 7.230767, "fair_value": 7.04968, "relative_strength": 0.076415, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 15.300976, "energy": 18.169276, "activity_lines": [ 7.278667, 7.3026, 7.343143, 7.317484 ] }, { "date": "2023-11-17", "close": 7.481, "volume": 161177, "typical_volume": 83339.15, "trend": 7.255433, "fair_value": 7.05395, "relative_strength": -1.873312, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 43.912369, "energy": 17.35938, "activity_lines": [ 7.346733, 7.327309, 7.355333, 7.333628 ] }, { "date": "2023-11-24", "close": 7.528, "volume": 130743, "typical_volume": 87865.65, "trend": 7.281667, "fair_value": 7.058598, "relative_strength": -0.848419, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 52.643058, "energy": 36.960373, "activity_lines": [ 7.4278, 7.3614, 7.371295, 7.351213 ] }, { "date": "2023-12-01", "close": 7.632, "volume": 110316, "typical_volume": 89520.9, "trend": 7.312067, "fair_value": 7.064165, "relative_strength": -0.943312, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 72.841347, "energy": 65.24253, "activity_lines": [ 7.5208, 7.4146, 7.395914, 7.373815 ] }, { "date": "2023-12-08", "close": 7.742, "volume": 90588, "typical_volume": 92166.8, "trend": 7.343033, "fair_value": 7.070683, "relative_strength": -0.903946, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 81.50979, "energy": 81.061074, "activity_lines": [ 7.611333, 7.482873, 7.429219, 7.401553 ] }, { "date": "2023-12-15", "close": 7.853, "volume": 221654, "typical_volume": 99245.95, "trend": 7.372567, "fair_value": 7.078133, "relative_strength": 0.748405, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 86.491753, "energy": 88.773723, "activity_lines": [ 7.711067, 7.564109, 7.471443, 7.434454 ] }, { "date": "2023-12-22", "close": 7.845, "volume": 75303, "typical_volume": 99640.35, "trend": 7.399733, "fair_value": 7.085368, "relative_strength": 0.810165, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 79.297782, "energy": 89.804405, "activity_lines": [ 7.777, 7.633745, 7.511219, 7.464933 ] }, { "date": "2023-12-29", "close": 7.815, "volume": 57908, "typical_volume": 101220.65, "trend": 7.4211, "fair_value": 7.092187, "relative_strength": 0.529096, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 69.711952, "energy": 86.14548, "activity_lines": [ 7.808667, 7.690582, 7.546014, 7.491725 ] }, { "date": "2024-01-05", "close": 7.78, "volume": 163191, "typical_volume": 107960.4, "trend": 7.440933, "fair_value": 7.098556, "relative_strength": -0.183195, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.875564, "energy": 81.379339, "activity_lines": [ 7.809533, 7.729636, 7.575181, 7.51488 ] }, { "date": "2024-01-12", "close": 7.901, "volume": 84434, "typical_volume": 111756.7, "trend": 7.461033, "fair_value": 7.105917, "relative_strength": 1.251012, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 75.907699, "energy": 75.524514, "activity_lines": [ 7.840867, 7.777327, 7.613271, 7.544561 ] }, { "date": "2024-01-19", "close": 8.005, "volume": 165837, "typical_volume": 119038.55, "trend": 7.488067, "fair_value": 7.114091, "relative_strength": 3.135365, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 84.25098, "energy": 82.319664, "activity_lines": [ 7.896267, 7.833455, 7.658586, 7.579656 ] }, { "date": "2024-01-26", "close": 8.187, "volume": 68982, "typical_volume": 119906.85, "trend": 7.516533, "fair_value": 7.123757, "relative_strength": 5.033103, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 91.819448, "energy": 93.400993, "activity_lines": [ 8.0022, 7.911418, 7.719095, 7.624748 ] }, { "date": "2024-02-02", "close": 8.295, "volume": 110879, "typical_volume": 124225.4, "trend": 7.550833, "fair_value": 7.134214, "relative_strength": 5.152484, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 92.967585, "energy": 97.066138, "activity_lines": [ 8.121333, 7.996182, 7.786748, 7.674972 ] }, { "date": "2024-02-09", "close": 8.427, "volume": 93352, "typical_volume": 121723.3, "trend": 7.589867, "fair_value": 7.145655, "relative_strength": 5.179186, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 92.851546, "energy": 97.313655, "activity_lines": [ 8.252467, 8.091, 7.863371, 7.731499 ] }, { "date": "2024-02-16", "close": 8.468, "volume": 161134, "typical_volume": 125769.0, "trend": 7.625633, "fair_value": 7.157254, "relative_strength": 3.618383, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 88.724946, "energy": 95.953526, "activity_lines": [ 8.354133, 8.178818, 7.938824, 7.788153 ] }, { "date": "2024-02-23", "close": 8.524, "volume": 102786, "typical_volume": 119316.7, "trend": 7.6598, "fair_value": 7.169139, "relative_strength": 1.138083, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 84.490671, "energy": 94.402467, "activity_lines": [ 8.436667, 8.263618, 8.014262, 7.846112 ] }, { "date": "2024-03-01", "close": 8.566, "volume": 61155, "typical_volume": 120118.3, "trend": 7.6987, "fair_value": 7.181181, "relative_strength": 0.807836, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 81.774151, "energy": 92.650969, "activity_lines": [ 8.4986, 8.343855, 8.087848, 7.904576 ] }, { "date": "2024-03-08", "close": 8.548, "volume": 491311, "typical_volume": 142305.1, "trend": 7.7392, "fair_value": 7.192863, "relative_strength": -0.918307, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 73.323895, "energy": 78.984907, "activity_lines": [ 8.529267, 8.407709, 8.154362, 7.95937 ] }, { "date": "2024-03-15", "close": 8.496, "volume": 2773716, "typical_volume": 275897.35, "trend": 7.781267, "fair_value": 7.203907, "relative_strength": -3.01369, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.326942, "energy": 68.241003, "activity_lines": [ 8.525733, 8.448782, 8.209443, 8.008196 ] }, { "date": "2024-03-22", "close": 8.75, "volume": 118087, "typical_volume": 273814.45, "trend": 7.828333, "fair_value": 7.216899, "relative_strength": -1.295, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 88.538988, "energy": 74.955926, "activity_lines": [ 8.602267, 8.523018, 8.281805, 8.070695 ] }, { "date": "2024-03-29", "close": 8.795, "volume": 99289, "typical_volume": 267092.1, "trend": 7.869633, "fair_value": 7.23005, "relative_strength": -1.973289, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 85.548907, "energy": 73.846162, "activity_lines": [ 8.675, 8.59, 8.351667, 8.13306 ] }, { "date": "2024-04-05", "close": 8.642, "volume": 167413, "typical_volume": 267403.9, "trend": 7.9068, "fair_value": 7.241719, "relative_strength": -1.642468, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.38551, "energy": 66.404508, "activity_lines": [ 8.678667, 8.6148, 8.400248, 8.18289 ] }, { "date": "2024-04-12", "close": 8.704, "volume": 120156, "typical_volume": 266874.55, "trend": 7.945633, "fair_value": 7.253705, "relative_strength": -0.329287, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.339244, "energy": 66.796406, "activity_lines": [ 8.697933, 8.6426, 8.449205, 8.234323 ] }, { "date": "2024-04-19", "close": 8.411, "volume": 72413, "typical_volume": 264979.4, "trend": 7.980633, "fair_value": 7.263114, "relative_strength": -4.16869, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 52.740847, "energy": 54.185979, "activity_lines": [ 8.609133, 8.609691, 8.464657, 8.264346 ] }, { "date": "2024-04-26", "close": 8.587, "volume": 51432, "typical_volume": 263021.6, "trend": 8.022033, "fair_value": 7.27379, "relative_strength": -3.113033, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 48.85087, "energy": 44.00436, "activity_lines": [ 8.584667, 8.609073, 8.493162, 8.303467 ] }, { "date": "2024-05-03", "close": 8.546, "volume": 155722, "typical_volume": 259725.0, "trend": 8.063733, "fair_value": 7.283968, "relative_strength": -1.856405, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 44.299182, "energy": 35.754541, "activity_lines": [ 8.5574, 8.598836, 8.513738, 8.337271 ] }, { "date": "2024-05-10", "close": 8.729, "volume": 89936, "typical_volume": 260456.65, "trend": 8.106667, "fair_value": 7.295437, "relative_strength": -2.748056, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 58.415881, "energy": 39.174393, "activity_lines": [ 8.607733, 8.621473, 8.548443, 8.380191 ] }, { "date": "2024-05-17", "close": 8.793, "volume": 86062, "typical_volume": 261864.35, "trend": 8.1602, "fair_value": 7.307228, "relative_strength": -4.054521, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 74.860508, "energy": 54.699599, "activity_lines": [ 8.6736, 8.652782, 8.585033, 8.424471 ] }, { "date": "2024-05-24", "close": 8.809, "volume": 78837, "typical_volume": 257646.65, "trend": 8.219, "fair_value": 7.318961, "relative_strength": -1.292553, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 71.939368, "energy": 59.596342, "activity_lines": [ 8.738867, 8.682545, 8.61849, 8.466329 ] }, { "date": "2024-05-31", "close": 8.634, "volume": 57982, "typical_volume": 256324.05, "trend": 8.262633, "fair_value": 7.329155, "relative_strength": -3.150347, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 59.979947, "energy": 51.790964, "activity_lines": [ 8.719267, 8.6748, 8.630381, 8.493103 ] }, { "date": "2024-06-07", "close": 8.906, "volume": 93562, "typical_volume": 252710.3, "trend": 8.3133, "fair_value": 7.341285, "relative_strength": -0.527452, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 76.616227, "energy": 58.078798, "activity_lines": [ 8.7872, 8.718618, 8.664686, 8.534611 ] }, { "date": "2024-06-14", "close": 9.108, "volume": 30846, "typical_volume": 250803.5, "trend": 8.367533, "fair_value": 7.354771, "relative_strength": 7.806143, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 86.788361, "energy": 74.89962, "activity_lines": [ 8.898467, 8.797145, 8.713938, 8.585882 ] }, { "date": "2024-06-21", "close": 9.198, "volume": 31685, "typical_volume": 246843.8, "trend": 8.4232, "fair_value": 7.368735, "relative_strength": 6.673266, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 87.617179, "energy": 87.000486, "activity_lines": [ 9.014467, 8.883564, 8.767376, 8.63946 ] }, { "date": "2024-06-28", "close": 9.246, "volume": 62457, "typical_volume": 245299.05, "trend": 8.477, "fair_value": 7.38285, "relative_strength": 7.578373, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 83.696451, "energy": 92.821033, "activity_lines": [ 9.119467, 8.969727, 8.821086, 8.692544 ] }, { "date": "2024-07-05", "close": 9.228, "volume": 70892, "typical_volume": 240786.95, "trend": 8.526533, "fair_value": 7.396619, "relative_strength": 4.657191, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 73.660474, "energy": 89.824621, "activity_lines": [ 9.189333, 9.037436, 8.869181, 8.740996 ] }, { "date": "2024-07-12", "close": 9.336, "volume": 53843, "typical_volume": 238339.8, "trend": 8.575967, "fair_value": 7.410985, "relative_strength": 3.936727, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 80.749372, "energy": 92.04286, "activity_lines": [ 9.2556, 9.113127, 8.923943, 8.793219 ] }, { "date": "2024-07-19", "close": 9.143, "volume": 52288, "typical_volume": 237896.45, "trend": 8.619233, "fair_value": 7.423721, "relative_strength": 2.790704, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 67.476302, "energy": 77.972473, "activity_lines": [ 9.228867, 9.139364, 8.956457, 8.829802 ] }, { "date": "2024-07-26", "close": 9.076, "volume": 309227, "typical_volume": 228792.25, "trend": 8.661267, "fair_value": 7.435781, "relative_strength": 3.148118, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.710893, "energy": 57.590341, "activity_lines": [ 9.177467, 9.145891, 8.979843, 8.859271 ] }, { "date": "2024-08-02", "close": 8.795, "volume": 159092, "typical_volume": 98061.05, "trend": 8.6951, "fair_value": 7.44563, "relative_strength": 5.42836, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 33.987653, "energy": 27.146997, "activity_lines": [ 9.040533, 9.096182, 8.973952, 8.867899 ] }, { "date": "2024-08-09", "close": 8.824, "volume": 103288, "typical_volume": 97321.1, "trend": 8.725867, "fair_value": 7.455547, "relative_strength": 6.421053, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 23.069842, "energy": 23.727943, "activity_lines": [ 8.943333, 9.052, 8.9694, 8.876215 ] }, { "date": "2024-08-16", "close": 9.115, "volume": 59739, "typical_volume": 95343.6, "trend": 8.762867, "fair_value": 7.4674, "relative_strength": 5.622716, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 34.484902, "energy": 25.568987, "activity_lines": [ 8.970067, 9.057273, 8.99221, 8.90132 ] }, { "date": "2024-08-23", "close": 9.11, "volume": 155171, "typical_volume": 94731.5, "trend": 8.793633, "fair_value": 7.47905, "relative_strength": 3.573505, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 34.937223, "energy": 22.54096, "activity_lines": [ 9.009867, 9.057836, 9.013019, 8.923716 ] }, { "date": "2024-08-30", "close": 9.158, "volume": 454500, "typical_volume": 111448.7, "trend": 8.8224, "fair_value": 7.490873, "relative_strength": 1.90898, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 54.665899, "energy": 28.497499, "activity_lines": [ 9.067867, 9.067091, 9.036171, 8.947224 ] }, { "date": "2024-09-06", "close": 8.848, "volume": 624568, "typical_volume": 139056.45, "trend": 8.836433, "fair_value": 7.500364, "relative_strength": 1.665569, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 12.855891, "energy": 13.162074, "activity_lines": [ 9.017067, 9.020709, 9.027638, 8.948875 ] }, { "date": "2024-09-13", "close": 9.222, "volume": 304797, "typical_volume": 151724.7, "trend": 8.861567, "fair_value": 7.512319, "relative_strength": 4.981825, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 49.973785, "energy": 29.063085, "activity_lines": [ 9.0874, 9.049564, 9.052643, 8.973751 ] }, { "date": "2024-09-20", "close": 9.264, "volume": 228074, "typical_volume": 155342.3, "trend": 8.886233, "fair_value": 7.5244, "relative_strength": 4.724691, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 62.372647, "energy": 36.768678, "activity_lines": [ 9.1452, 9.086164, 9.078624, 8.999714 ] }, { "date": "2024-09-27", "close": 9.36, "volume": 310039, "typical_volume": 166347.45, "trend": 8.9127, "fair_value": 7.536973, "relative_strength": 2.798231, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.730377, "energy": 51.725001, "activity_lines": [ 9.225067, 9.141527, 9.110329, 9.03028 ] }, { "date": "2024-10-04", "close": 9.445, "volume": 314756, "typical_volume": 177782.15, "trend": 8.9426, "fair_value": 7.549952, "relative_strength": 7.082237, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 70.650649, "energy": 68.67688, "activity_lines": [ 9.3166, 9.2084, 9.147124, 9.064622 ] }, { "date": "2024-10-11", "close": 9.631, "volume": 386444, "typical_volume": 193162.5, "trend": 8.980433, "fair_value": 7.564014, "relative_strength": 6.784033, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 77.16416, "energy": 77.06773, "activity_lines": [ 9.451, 9.302382, 9.198529, 9.109034 ] }, { "date": "2024-10-18", "close": 9.781, "volume": 222011, "typical_volume": 201363.95, "trend": 9.0148, "fair_value": 7.578893, "relative_strength": 5.570189, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 83.356652, "energy": 84.704087, "activity_lines": [ 9.5832, 9.408436, 9.260305, 9.160684 ] }, { "date": "2024-10-25", "close": 9.778, "volume": 194280, "typical_volume": 206399.85, "trend": 9.047567, "fair_value": 7.593553, "relative_strength": 6.657528, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 77.785435, "energy": 86.637099, "activity_lines": [ 9.677133, 9.496545, 9.316333, 9.209923 ] }, { "date": "2024-11-01", "close": 9.603, "volume": 744550, "typical_volume": 242085.05, "trend": 9.0796, "fair_value": 7.606861, "relative_strength": 4.886326, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.738192, "energy": 82.387448, "activity_lines": [ 9.678467, 9.540782, 9.351543, 9.245757 ] }, { "date": "2024-11-08", "close": 10.144, "volume": 181994, "typical_volume": 249600.5, "trend": 9.1276, "fair_value": 7.623553, "relative_strength": 13.272632, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 89.919908, "energy": 92.434843, "activity_lines": [ 9.843933, 9.674418, 9.435919, 9.314428 ] }, { "date": "2024-11-15", "close": 10.132, "volume": 585038, "typical_volume": 275729.55, "trend": 9.184967, "fair_value": 7.639948, "relative_strength": 11.551757, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 83.418486, "energy": 91.030341, "activity_lines": [ 9.9588, 9.787945, 9.514648, 9.379228 ] }, { "date": "2024-11-22", "close": 10.43, "volume": 556855, "typical_volume": 300027.7, "trend": 9.2464, "fair_value": 7.658065, "relative_strength": 16.752197, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 89.240057, "energy": 92.60182, "activity_lines": [ 10.1396, 9.932309, 9.617538, 9.459553 ] }, { "date": "2024-11-29", "close": 10.404, "volume": 240030, "typical_volume": 309337.05, "trend": 9.308333, "fair_value": 7.675781, "relative_strength": 16.267621, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 80.342842, "energy": 91.657672, "activity_lines": [ 10.268467, 10.049982, 9.712229, 9.534237 ] }, { "date": "2024-12-06", "close": 10.508, "volume": 610036, "typical_volume": 337224.45, "trend": 9.367633, "fair_value": 7.693936, "relative_strength": 12.532632, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 79.541719, "energy": 91.73886, "activity_lines": [ 10.390267, 10.165836, 9.811738, 9.611634 ] }, { "date": "2024-12-13", "close": 10.496, "volume": 494089, "typical_volume": 346467.55, "trend": 9.4244, "fair_value": 7.712436, "relative_strength": 11.618427, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 74.907452, "energy": 90.079639, "activity_lines": [ 10.447733, 10.258636, 9.903605, 9.684432 ] }, { "date": "2024-12-20", "close": 10.392, "volume": 924158, "typical_volume": 384720.85, "trend": 9.477167, "fair_value": 7.729705, "relative_strength": 13.787599, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 67.826895, "energy": 79.995794, "activity_lines": [ 10.447067, 10.313418, 9.978805, 9.746858 ] }, { "date": "2024-12-27", "close": 10.408, "volume": 28056, "typical_volume": 380959.25, "trend": 9.5363, "fair_value": 7.746346, "relative_strength": 12.268319, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.748025, "energy": 65.057517, "activity_lines": [ 10.4344, 10.357273, 10.047924, 9.806912 ] }, { "date": "2025-01-03", "close": 10.46, "volume": 231418, "typical_volume": 389543.2, "trend": 9.5881, "fair_value": 7.764936, "relative_strength": 12.532301, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.62012, "energy": 63.176226, "activity_lines": [ 10.440533, 10.399182, 10.114452, 9.866505 ] }, { "date": "2025-01-10", "close": 10.34, "volume": 459875, "typical_volume": 404778.4, "trend": 9.629167, "fair_value": 7.783788, "relative_strength": 7.922031, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 52.329147, "energy": 53.237646, "activity_lines": [ 10.402933, 10.406873, 10.163148, 9.915015 ] }, { "date": "2025-01-17", "close": 10.62, "volume": 282593, "typical_volume": 396183.05, "trend": 9.676567, "fair_value": 7.805571, "relative_strength": 7.02945, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 75.464847, "energy": 61.263595, "activity_lines": [ 10.469867, 10.452073, 10.232652, 9.97894 ] }, { "date": "2025-01-24", "close": 10.564, "volume": 326721, "typical_volume": 381290.7, "trend": 9.7205, "fair_value": 7.827776, "relative_strength": 6.495042, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.739938, "energy": 57.62488, "activity_lines": [ 10.509867, 10.478436, 10.289862, 10.036194 ] }, { "date": "2025-01-31", "close": 10.67, "volume": 417483, "typical_volume": 386925.0, "trend": 9.768567, "fair_value": 7.850737, "relative_strength": 6.595943, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 71.458479, "energy": 58.731951, "activity_lines": [ 10.573733, 10.516218, 10.348995, 10.097452 ] }, { "date": "2025-02-07", "close": 10.574, "volume": 679944, "typical_volume": 409518.5, "trend": 9.809833, "fair_value": 7.872558, "relative_strength": 3.863798, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.72431, "energy": 59.019845, "activity_lines": [ 10.588133, 10.532182, 10.39209, 10.149415 ] }, { "date": "2025-02-14", "close": 10.52, "volume": 375386, "typical_volume": 412785.85, "trend": 9.855733, "fair_value": 7.895288, "relative_strength": 0.753203, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 60.790763, "energy": 53.86741, "activity_lines": [ 10.576933, 10.535236, 10.423805, 10.195232 ] }, { "date": "2025-02-21", "close": 10.516, "volume": 356937, "typical_volume": 414894.9, "trend": 9.903733, "fair_value": 7.91766, "relative_strength": -0.537083, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 59.444532, "energy": 50.09397, "activity_lines": [ 10.5524, 10.537345, 10.449614, 10.23783 ] }, { "date": "2025-02-28", "close": 10.2, "volume": 1172862, "typical_volume": 454215.8, "trend": 9.950567, "fair_value": 7.937474, "relative_strength": -4.135202, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 31.143559, "energy": 22.478062, "activity_lines": [ 10.429467, 10.481636, 10.440229, 10.256944 ] }, { "date": "2025-03-07", "close": 9.466, "volume": 1104631, "typical_volume": 498346.8, "trend": 9.971967, "fair_value": 7.953199, "relative_strength": -10.824619, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "up", "direction": -26.023374, "energy": 34.321365, "activity_lines": [ 10.086133, 10.295964, 10.358229, 10.225682 ] }, { "date": "2025-03-14", "close": 9.301, "volume": 867097, "typical_volume": 531987.65, "trend": 9.978167, "fair_value": 7.966397, "relative_strength": -12.460135, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "mixed", "direction": -52.786108, "energy": 56.128993, "activity_lines": [ 9.768067, 10.097418, 10.262014, 10.182394 ] }, { "date": "2025-03-21", "close": 9.415, "volume": 793871, "typical_volume": 534453.7, "trend": 9.988333, "fair_value": 7.979179, "relative_strength": -12.168565, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -43.17805, "energy": 75.497936, "activity_lines": [ 9.572867, 9.940673, 10.178929, 10.14606 ] }, { "date": "2025-03-28", "close": 9.301, "volume": 513802, "typical_volume": 551044.1, "trend": 9.9931, "fair_value": 7.991205, "relative_strength": -12.487165, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -50.09366, "energy": 81.902999, "activity_lines": [ 9.413333, 9.780018, 10.085881, 10.101716 ] }, { "date": "2025-04-04", "close": 8.512, "volume": 420818, "typical_volume": 542833.1, "trend": 9.9819, "fair_value": 7.998462, "relative_strength": -10.404098, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "mixed", "direction": -68.41991, "energy": 88.26414, "activity_lines": [ 9.0718, 9.499891, 9.921705, 10.006161 ] }, { "date": "2025-04-11", "close": 8.328, "volume": 463276, "typical_volume": 538154.15, "trend": 9.9521, "fair_value": 8.004481, "relative_strength": -10.65933, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -90.985676, "energy": 95.50731, "activity_lines": [ 8.781467, 9.223618, 9.747719, 9.899458 ] }, { "date": "2025-04-18", "close": 8.366, "volume": 178304, "typical_volume": 535067.85, "trend": 9.922167, "fair_value": 8.011615, "relative_strength": -15.028675, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -81.650625, "energy": 91.83003, "activity_lines": [ 8.579667, 8.996836, 9.587362, 9.797129 ] }, { "date": "2025-04-25", "close": 8.69, "volume": 875530, "typical_volume": 548342.55, "trend": 9.899833, "fair_value": 8.021013, "relative_strength": -14.862866, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.98917, "energy": 79.012421, "activity_lines": [ 8.5482, 8.869109, 9.467567, 9.717634 ] }, { "date": "2025-05-02", "close": 9.011, "volume": 490193, "typical_volume": 548147.75, "trend": 9.885367, "fair_value": 8.033724, "relative_strength": -13.859939, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.566321, "energy": 64.851923, "activity_lines": [ 8.672067, 8.833018, 9.387, 9.66029 ] }, { "date": "2025-05-09", "close": 9.083, "volume": 454408, "typical_volume": 524660.25, "trend": 9.8671, "fair_value": 8.0475, "relative_strength": -15.343517, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -51.806443, "energy": 49.313226, "activity_lines": [ 8.839267, 8.837382, 9.320362, 9.608525 ] }, { "date": "2025-05-16", "close": 9.612, "volume": 248839, "typical_volume": 535699.4, "trend": 9.861467, "fair_value": 8.066942, "relative_strength": -13.173448, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -38.233719, "energy": 26.190405, "activity_lines": [ 9.144733, 8.958236, 9.310338, 9.592067 ] }, { "date": "2025-05-23", "close": 9.245, "volume": 264951, "typical_volume": 537376.05, "trend": 9.8437, "fair_value": 8.08191, "relative_strength": -13.861166, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -32.552276, "energy": 28.501113, "activity_lines": [ 9.242267, 9.009709, 9.269152, 9.552295 ] }, { "date": "2025-05-30", "close": 9.406, "volume": 151255, "typical_volume": 521945.05, "trend": 9.837133, "fair_value": 8.098173, "relative_strength": -13.603224, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -27.112234, "energy": 26.97594, "activity_lines": [ 9.334867, 9.091473, 9.249086, 9.524056 ] }, { "date": "2025-06-06", "close": 9.525, "volume": 189540, "typical_volume": 517292.4, "trend": 9.8165, "fair_value": 8.116641, "relative_strength": -13.482929, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -20.166789, "energy": 25.143406, "activity_lines": [ 9.4194, 9.195036, 9.2448, 9.503918 ] }, { "date": "2025-06-13", "close": 9.388, "volume": 326490, "typical_volume": 517280.85, "trend": 9.7917, "fair_value": 8.136487, "relative_strength": -11.958042, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -12.388578, "energy": 16.124086, "activity_lines": [ 9.424, 9.269618, 9.232681, 9.476273 ] }, { "date": "2025-06-20", "close": 9.359, "volume": 261694, "typical_volume": 509491.4, "trend": 9.756, "fair_value": 8.154096, "relative_strength": -11.528172, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -11.574913, "energy": 14.345785, "activity_lines": [ 9.3986, 9.323, 9.2234, 9.448357 ] }, { "date": "2025-06-27", "close": 9.511, "volume": 205119, "typical_volume": 485750.15, "trend": 9.726233, "fair_value": 8.173404, "relative_strength": -10.996214, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -5.182108, "energy": 11.613159, "activity_lines": [ 9.440733, 9.385273, 9.234838, 9.432551 ] }, { "date": "2025-07-04", "close": 9.556, "volume": 482949, "typical_volume": 491128.3, "trend": 9.6945, "fair_value": 8.190282, "relative_strength": -10.109289, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -0.841334, "energy": 10.697222, "activity_lines": [ 9.480133, 9.434909, 9.255624, 9.421568 ] }, { "date": "2025-07-11", "close": 9.629, "volume": 102863, "typical_volume": 478424.6, "trend": 9.6656, "fair_value": 8.207981, "relative_strength": -10.262021, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 7.383399, "energy": 29.03458, "activity_lines": [ 9.533867, 9.482073, 9.287952, 9.417342 ] }, { "date": "2025-07-18", "close": 9.739, "volume": 247076, "typical_volume": 432135.3, "trend": 9.643833, "fair_value": 8.225494, "relative_strength": -9.597339, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": 13.88797, "energy": 42.249958, "activity_lines": [ 9.617333, 9.538, 9.334981, 9.422077 ] }, { "date": "2025-07-25", "close": 9.816, "volume": 121849, "typical_volume": 382996.2, "trend": 9.6241, "fair_value": 8.242192, "relative_strength": -9.630652, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "mixed", "direction": 37.294696, "energy": 59.508492, "activity_lines": [ 9.703067, 9.596, 9.391538, 9.433185 ] }, { "date": "2025-08-01", "close": 9.745, "volume": 424543, "typical_volume": 360868.5, "trend": 9.600267, "fair_value": 8.257795, "relative_strength": -8.322624, "stage": 4, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 28.9015, "energy": 53.580252, "activity_lines": [ 9.734667, 9.637382, 9.439667, 9.440985 ] }, { "date": "2025-08-08", "close": 9.889, "volume": 677415, "typical_volume": 355045.7, "trend": 9.585233, "fair_value": 8.273244, "relative_strength": -10.465855, "stage": 4, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 46.498229, "energy": 62.208348, "activity_lines": [ 9.798667, 9.695855, 9.499395, 9.459613 ] }, { "date": "2025-08-15", "close": 10.01, "volume": 363730, "typical_volume": 347542.1, "trend": 9.5649, "fair_value": 8.288558, "relative_strength": -11.294034, "stage": 4, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 52.866033, "energy": 72.598973, "activity_lines": [ 9.8808, 9.767545, 9.56839, 9.487017 ] }, { "date": "2025-08-22", "close": 9.986, "volume": 330877, "typical_volume": 343045.05, "trend": 9.545633, "fair_value": 8.305077, "relative_strength": -12.591939, "stage": 4, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 46.944807, "energy": 73.608356, "activity_lines": [ 9.929533, 9.826055, 9.631724, 9.514185 ] }, { "date": "2025-08-29", "close": 9.96, "volume": 100264, "typical_volume": 324894.45, "trend": 9.521967, "fair_value": 8.322814, "relative_strength": -10.31922, "stage": 4, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 68.833434, "energy": 84.927781, "activity_lines": [ 9.953133, 9.868964, 9.685562, 9.540918 ] }, { "date": "2025-09-05", "close": 9.945, "volume": 408298, "typical_volume": 336394.15, "trend": 9.501, "fair_value": 8.339885, "relative_strength": -9.01092, "stage": 4, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.182553, "energy": 82.357504, "activity_lines": [ 9.962133, 9.898218, 9.7302, 9.568211 ] }, { "date": "2025-09-12", "close": 10.134, "volume": 362020, "typical_volume": 310718.65, "trend": 9.488133, "fair_value": 8.357949, "relative_strength": -9.124639, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 80.248256, "energy": 84.882248, "activity_lines": [ 10.0208, 9.953945, 9.785319, 9.609049 ] }, { "date": "2025-09-19", "close": 10.192, "volume": 281464, "typical_volume": 300282.2, "trend": 9.477333, "fair_value": 8.379551, "relative_strength": -7.829133, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 79.663005, "energy": 80.033343, "activity_lines": [ 10.082467, 10.009709, 9.839086, 9.65446 ] }, { "date": "2025-09-26", "close": 10.202, "volume": 243961, "typical_volume": 289759.85, "trend": 9.4774, "fair_value": 8.401795, "relative_strength": -8.256688, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 75.407729, "energy": 76.645483, "activity_lines": [ 10.135333, 10.057055, 9.888181, 9.701213 ] }, { "date": "2025-10-03", "close": 10.364, "volume": 214153, "typical_volume": 288025.55, "trend": 9.507333, "fair_value": 8.425154, "relative_strength": -7.835911, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 83.803079, "energy": 86.599115, "activity_lines": [ 10.2278, 10.125436, 9.947376, 9.758413 ] }, { "date": "2025-10-10", "close": 10.316, "volume": 229617, "typical_volume": 286258.85, "trend": 9.541167, "fair_value": 8.448526, "relative_strength": -5.375189, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 72.114646, "energy": 75.518858, "activity_lines": [ 10.277333, 10.175127, 9.998419, 9.810585 ] }, { "date": "2025-10-17", "close": 10.224, "volume": 217206, "typical_volume": 289556.4, "trend": 9.568133, "fair_value": 8.470994, "relative_strength": -5.336089, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.985611, "energy": 62.365755, "activity_lines": [ 10.271467, 10.197709, 10.0356, 9.854639 ] }, { "date": "2025-10-24", "close": 10.44, "volume": 422711, "typical_volume": 301214.95, "trend": 9.6061, "fair_value": 8.493359, "relative_strength": -4.743655, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 77.768073, "energy": 65.647951, "activity_lines": [ 10.3316, 10.253473, 10.089457, 9.910888 ] }, { "date": "2025-10-31", "close": 10.68, "volume": 475667, "typical_volume": 308673.8, "trend": 9.678367, "fair_value": 8.51866, "relative_strength": -3.894817, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 88.653981, "energy": 72.945538, "activity_lines": [ 10.4552, 10.345055, 10.161814, 9.980172 ] }, { "date": "2025-11-07", "close": 10.32, "volume": 628271, "typical_volume": 327002.65, "trend": 9.744767, "fair_value": 8.540699, "relative_strength": -6.160998, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.853707, "energy": 58.627602, "activity_lines": [ 10.426933, 10.358564, 10.193733, 10.021568 ] }, { "date": "2025-11-14", "close": 10.456, "volume": 900346, "typical_volume": 361764.0, "trend": 9.814433, "fair_value": 8.563731, "relative_strength": -6.841681, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.109243, "energy": 55.948946, "activity_lines": [ 10.446933, 10.390255, 10.234029, 10.067454 ] }, { "date": "2025-11-21", "close": 10.27, "volume": 1072399, "typical_volume": 391236.5, "trend": 9.8671, "fair_value": 8.585019, "relative_strength": -5.134561, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 58.235669, "energy": 45.545796, "activity_lines": [ 10.3956, 10.378836, 10.25211, 10.096845 ] }, { "date": "2025-11-28", "close": 10.608, "volume": 907335, "typical_volume": 431460.1, "trend": 9.920333, "fair_value": 8.608468, "relative_strength": -3.093347, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 70.510987, "energy": 45.301396, "activity_lines": [ 10.453867, 10.4264, 10.298981, 10.144645 ] }, { "date": "2025-12-05", "close": 10.646, "volume": 871781, "typical_volume": 462695.35, "trend": 9.972433, "fair_value": 8.633199, "relative_strength": -2.490993, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 70.724886, "energy": 49.126569, "activity_lines": [ 10.5136, 10.473309, 10.34481, 10.191462 ] }, { "date": "2025-12-12", "close": 10.482, "volume": 733766, "typical_volume": 493291.2, "trend": 10.001433, "fair_value": 8.658468, "relative_strength": -3.730282, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 56.730095, "energy": 42.351719, "activity_lines": [ 10.520933, 10.482327, 10.3707, 10.224338 ] }, { "date": "2025-12-19", "close": 10.498, "volume": 392486, "typical_volume": 491688.35, "trend": 10.0432, "fair_value": 8.684282, "relative_strength": -5.732695, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 56.792614, "energy": 42.940139, "activity_lines": [ 10.5228, 10.492109, 10.394943, 10.256374 ] }, { "date": "2025-12-26", "close": 10.556, "volume": 41734, "typical_volume": 459904.3, "trend": 10.081533, "fair_value": 8.710782, "relative_strength": -4.38828, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 56.77575, "energy": 40.333172, "activity_lines": [ 10.5412, 10.509127, 10.421124, 10.289458 ] }, { "date": "2026-01-02", "close": 10.486, "volume": 126857, "typical_volume": 448060.65, "trend": 10.113567, "fair_value": 8.73609, "relative_strength": -6.07763, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 52.044446, "energy": 32.764614, "activity_lines": [ 10.5172, 10.507382, 10.437462, 10.315553 ] }, { "date": "2026-01-09", "close": 10.76, "volume": 863836, "typical_volume": 474708.6, "trend": 10.1593, "fair_value": 8.762609, "relative_strength": -3.90518, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.702306, "energy": 42.688871, "activity_lines": [ 10.592667, 10.554618, 10.477629, 10.357258 ] }, { "date": "2026-01-16", "close": 10.764, "volume": 507515, "typical_volume": 495071.15, "trend": 10.206133, "fair_value": 8.789679, "relative_strength": -3.601984, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.795153, "energy": 49.819502, "activity_lines": [ 10.661867, 10.601127, 10.51449, 10.396271 ] }, { "date": "2026-01-23", "close": 10.564, "volume": 602433, "typical_volume": 504777.9, "trend": 10.241233, "fair_value": 8.81425, "relative_strength": -2.920181, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 54.824437, "energy": 39.091762, "activity_lines": [ 10.6456, 10.6032, 10.528476, 10.419359 ] }, { "date": "2026-01-30", "close": 10.44, "volume": 520816, "typical_volume": 512717.7, "trend": 10.2707, "fair_value": 8.836532, "relative_strength": -5.048554, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 51.617045, "energy": 33.432782, "activity_lines": [ 10.5836, 10.580764, 10.527705, 10.432183 ] }, { "date": "2026-02-06", "close": 10.404, "volume": 1178649, "typical_volume": 557576.95, "trend": 10.296533, "fair_value": 8.85916, "relative_strength": -5.657862, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 29.135829, "energy": 15.618675, "activity_lines": [ 10.517333, 10.548691, 10.522048, 10.440783 ] }, { "date": "2026-02-13", "close": 10.28, "volume": 1289892, "typical_volume": 609873.5, "trend": 10.314567, "fair_value": 8.881122, "relative_strength": -5.483596, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": -1.079954, "energy": 13.563646, "activity_lines": [ 10.4152, 10.497782, 10.503571, 10.439716 ] }, { "date": "2026-02-20", "close": 10.432, "volume": 1481730, "typical_volume": 673252.35, "trend": 10.3351, "fair_value": 8.904615, "relative_strength": -5.864362, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 8.197275, "energy": 18.783321, "activity_lines": [ 10.395733, 10.481164, 10.4992, 10.447292 ] }, { "date": "2026-02-27", "close": 10.378, "volume": 1906768, "typical_volume": 757109.9, "trend": 10.3562, "fair_value": 8.927346, "relative_strength": -7.484968, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 3.772866, "energy": 17.612032, "activity_lines": [ 10.3804, 10.455636, 10.489362, 10.45006 ] }, { "date": "2026-03-06", "close": 10.512, "volume": 565476, "typical_volume": 774523.4, "trend": 10.376967, "fair_value": 8.952321, "relative_strength": 0.258324, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 11.307279, "energy": 13.564984, "activity_lines": [ 10.422133, 10.456655, 10.49199, 10.460112 ] }, { "date": "2026-03-13", "close": 10.362, "volume": 1197918, "typical_volume": 813283.75, "trend": 10.3887, "fair_value": 8.976417, "relative_strength": -1.486005, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 3.846646, "energy": 6.719954, "activity_lines": [ 10.409067, 10.4312, 10.478962, 10.459146 ] }, { "date": "2026-03-20", "close": 10.118, "volume": 1315905, "typical_volume": 855295.65, "trend": 10.3931, "fair_value": 8.999122, "relative_strength": -0.451166, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -32.966797, "energy": 27.319479, "activity_lines": [ 10.317467, 10.363636, 10.443067, 10.441682 ] }, { "date": "2026-03-27", "close": 9.91, "volume": 978711, "typical_volume": 872817.65, "trend": 10.391433, "fair_value": 9.019295, "relative_strength": -3.61593, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -50.049166, "energy": 54.52645, "activity_lines": [ 10.167333, 10.269927, 10.390038, 10.410514 ] }, { "date": "2026-04-03", "close": 10.15, "volume": 834432, "typical_volume": 869521.95, "trend": 10.398267, "fair_value": 9.041385, "relative_strength": -5.964359, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -58.2314, "energy": 63.354599, "activity_lines": [ 10.132, 10.235382, 10.361819, 10.394938 ] }, { "date": "2026-04-10", "close": 10.388, "volume": 436249, "typical_volume": 837714.45, "trend": 10.406733, "fair_value": 9.064737, "relative_strength": -7.570553, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -54.34045, "energy": 54.705929, "activity_lines": [ 10.1912, 10.251636, 10.357724, 10.394275 ] }, { "date": "2026-04-17", "close": 10.788, "volume": 642037, "typical_volume": 824449.55, "trend": 10.4266, "fair_value": 9.090679, "relative_strength": -6.396652, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -9.228381, "energy": 6.126051, "activity_lines": [ 10.392, 10.341564, 10.391162, 10.418873 ] }, { "date": "2026-04-24", "close": 10.902, "volume": 910484, "typical_volume": 826384.7, "trend": 10.449933, "fair_value": 9.117353, "relative_strength": -2.96888, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "mixed", "direction": 33.902031, "energy": 33.232024, "activity_lines": [ 10.6024, 10.445236, 10.4346, 10.449544 ] }, { "date": "2026-05-01", "close": 10.93, "volume": 526982, "typical_volume": 816045.5, "trend": 10.4688, "fair_value": 9.14434, "relative_strength": -3.842212, "stage": 3, "regime": "rotation_up", "modifier": "Structural repair", "gate": "up", "direction": 63.26952, "energy": 58.021773, "activity_lines": [ 10.769867, 10.542691, 10.479486, 10.480516 ] }, { "date": "2026-05-08", "close": 11.226, "volume": 987773, "typical_volume": 845809.85, "trend": 10.499133, "fair_value": 9.172628, "relative_strength": -3.306655, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 84.894819, "energy": 87.280282, "activity_lines": [ 10.968, 10.684909, 10.550429, 10.529368 ] }, { "date": "2026-05-15", "close": 11.44, "volume": 1341923, "typical_volume": 910819.3, "trend": 10.539667, "fair_value": 9.201301, "relative_strength": -1.086018, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 88.162772, "energy": 94.057687, "activity_lines": [ 11.165733, 10.850618, 10.638286, 10.590069 ] }, { "date": "2026-05-22", "close": 11.568, "volume": 1653519, "typical_volume": 987152.4, "trend": 10.577267, "fair_value": 9.230391, "relative_strength": -0.772768, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 87.58215, "energy": 94.859135, "activity_lines": [ 11.336, 11.022727, 10.734124, 10.656413 ] }, { "date": "2026-05-29", "close": 11.638, "volume": 695063, "typical_volume": 978713.75, "trend": 10.6092, "fair_value": 9.259006, "relative_strength": -1.205182, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 83.471559, "energy": 93.671427, "activity_lines": [ 11.4776, 11.185636, 10.831476, 10.724847 ] }, { "date": "2026-06-05", "close": 11.638, "volume": 544745, "typical_volume": 980575.25, "trend": 10.653133, "fair_value": 9.287551, "relative_strength": -0.909236, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 76.364841, "energy": 91.205776, "activity_lines": [ 11.570133, 11.320909, 10.924648, 10.791222 ] }, { "date": "2026-06-12", "close": 11.534, "volume": 169802, "typical_volume": 958943.7, "trend": 10.689067, "fair_value": 9.314705, "relative_strength": -4.744132, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 68.186357, "energy": 87.107495, "activity_lines": [ 11.5808, 11.405855, 11.003752, 10.848052 ] }, { "date": "2026-06-19", "close": 11.722, "volume": 7512, "typical_volume": 933278.5, "trend": 10.737467, "fair_value": 9.343731, "relative_strength": -5.5386, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 77.082005, "energy": 87.738816, "activity_lines": [ 11.6336, 11.499818, 11.096143, 10.914692 ] }, { "date": "2026-06-26", "close": 11.604, "volume": 107931, "typical_volume": 879742.6, "trend": 10.770667, "fair_value": 9.371109, "relative_strength": -3.497714, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.13299, "energy": 68.790132, "activity_lines": [ 11.628267, 11.548073, 11.17119, 10.970598 ] }, { "date": "2026-07-03", "close": 11.8, "volume": 175, "typical_volume": 815256.75, "trend": 10.809133, "fair_value": 9.400173, "relative_strength": -4.615889, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 78.075294, "energy": 69.479527, "activity_lines": [ 11.685867, 11.617127, 11.25919, 11.037006 ] }, { "date": "2026-07-10", "close": 11.88, "volume": 507100, "typical_volume": 766525.25, "trend": 10.855733, "fair_value": 9.429814, "relative_strength": -3.480449, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 79.569343, "energy": 76.293085, "activity_lines": [ 11.759333, 11.6844, 11.347571, 11.106095 ] }, { "date": "2026-07-17", "close": 11.734, "volume": 645210, "typical_volume": 703447.35, "trend": 10.896933, "fair_value": 9.457628, "relative_strength": -3.198847, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.742995, "energy": 69.338659, "activity_lines": [ 11.768, 11.707855, 11.415152, 11.162757 ] }, { "date": "2026-07-24", "close": 11.722, "volume": 763396, "typical_volume": 713343.35, "trend": 10.9358, "fair_value": 9.484699, "relative_strength": -3.030849, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.438493, "energy": 64.555041, "activity_lines": [ 11.759333, 11.719891, 11.475133, 11.215987 ] }, { "date": "2026-07-31", "close": 11.566, "volume": 314010, "typical_volume": 669147.95, "trend": 10.9718, "fair_value": 9.51141, "relative_strength": -4.826911, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 60.406828, "energy": 57.446073, "activity_lines": [ 11.698667, 11.698436, 11.514495, 11.256645 ] }, { "date": "2026-08-07", "close": 12.052, "volume": 475836, "typical_volume": 627144.5, "trend": 11.014867, "fair_value": 9.54166, "relative_strength": -3.573063, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 83.075463, "energy": 64.808705, "activity_lines": [ 11.802533, 11.765382, 11.59441, 11.326335 ] } ], "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." } } }