{ "ticker": { "uuid": "99383d7d-a900-43ff-8552-8361ee1712e2", "symbol": "DB53", "name": "Xtrackers - CSI300 Swap UCITS ETF", "exchange": "VIE", "country": "AT", "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": "^ATX", "stage": 3, "stage_name": "Distribution", "phase": "3a", "phase_label": "Stage 3A \u00b7 Churning", "transition": "stage_3_churning", "transition_label": "Stage 3 range intact", "confidence": 96.0, "architecture_regime": "deceleration", "architecture_regime_label": "Deceleration", "architecture_modifier": "Recompressing", "architecture_gate": "up", "architecture_direction": 26.505, "architecture_energy": 24.966, "architecture_maturity": 64.112, "architecture_confidence": 78.474, "architecture_tenure": "New", "architecture": { "interpretation": { "headline": "The upward structure remains, but its energy is decelerating.", "body": "Trend remains positive, but Activity or price acceptance is losing strength. This can become a healthy recompression, a re-acceleration, or a Rotation Down." }, "scores": { "balance": 44.76, "rotation_up": 23.91, "upward_expansion": 56.65, "deceleration": 88.33, "rotation_down": 41.69, "downward_expansion": 22.65 }, "activity_lines": [ 18.325466, 18.514036, 18.473466, 18.215243 ], "activity_state": "Compressed", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.0 }, "latest_close": 18.559999, "trend_reference": 17.865067, "distance_from_trend": 0.038899, "trend_direction": "Improving", "fair_value": 14.35591, "distance_from_fair_value": 0.292847, "fair_value_direction": "Weakening", "relative_strength": -11.535683, "relative_strength_direction": "Weakening", "price_momentum": 0.097835, "excess_performance": -0.076412, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.038899, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.040025, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.292847, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.025669, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.115357, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.092872, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.097835, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 5.0, "read": "Demand-led" } ], "volume": { "latest": 0, "relative_activity": 0.0, "balance": 5.0, "dry_up": 0.0, "accumulation_observations": 1, "distribution_observations": 0 }, "risk": { "range_context": 0.029426, "annualized_volatility": 0.157282, "from_high_reference": -0.037544, "from_low_reference": 0.29627 }, "levels": { "trend_reference": 17.865067, "fair_value_reference": 14.35591, "structural_low": 16.309999, "invalidation": "A decisive breakout above range resistance with renewed RS leadership invalidates the distribution reading; a range-low break confirms deterioration." }, "outcomes": [ { "horizon": "Near term", "sample_count": 7, "median_return": -0.025488, "positive_rate": 0.285714, "directional_follow_through": 0.285714, "median_excess_return": -0.013243, "regime_survival": 0.428571, "best_return": 0.069893, "worst_return": -0.034477, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 3, "median_return": -0.075496, "positive_rate": 0.333333, "directional_follow_through": 0.333333, "median_excess_return": -0.093212, "regime_survival": 0.0, "best_return": 0.080088, "worst_return": -0.103176, "sufficient": false }, { "horizon": "Extended", "sample_count": 3, "median_return": 0.134996, "positive_rate": 0.666667, "directional_follow_through": 0.666667, "median_excess_return": -0.091442, "regime_survival": 0.0, "best_return": 0.158633, "worst_return": -0.01136, "sufficient": false }, { "horizon": "Full cycle", "sample_count": 1, "median_return": 0.072384, "positive_rate": 1.0, "directional_follow_through": 1.0, "median_excess_return": -0.159793, "regime_survival": 0.0, "best_return": 0.072384, "worst_return": 0.072384, "sufficient": false } ], "ledger": [ { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-10-18", "end": "2025-01-03", "tenure": "Developing", "return": -0.017333, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-01-10", "end": "2025-02-07", "tenure": "Developing", "return": 0.04918, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-02-14", "end": "2025-03-14", "tenure": "Developing", "return": -0.013738, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-03-21", "end": "2025-03-28", "tenure": "New", "return": -0.005521, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-04-04", "end": "2025-04-18", "tenure": "New", "return": -0.009974, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-04-25", "end": "2025-07-11", "tenure": "Developing", "return": 0.055257, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-07-18", "end": "2025-07-25", "tenure": "New", "return": 0.007531, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-08-01", "end": "2025-08-29", "tenure": "Developing", "return": 0.115849, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-09-05", "end": "2025-12-05", "tenure": "Established", "return": 0.059588, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-12-12", "end": "2025-12-26", "tenure": "New", "return": 0.015232, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-01-02", "end": "2026-02-13", "tenure": "Developing", "return": 0.002136, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-02-20", "end": "2026-02-27", "tenure": "New", "return": 0.004762, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-03-06", "end": "2026-07-17", "tenure": "Established", "return": 0.036796, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-07-24", "end": "2026-08-07", "tenure": "New", "return": 0.004873, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 12.734, "volume": 0, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-08-25", "close": 12.6, "volume": 0, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-09-01", "close": 13.032, "volume": 0, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-09-08", "close": 12.714, "volume": 0, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-09-15", "close": 12.844, "volume": 0, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-09-22", "close": 12.898, "volume": 0, "typical_volume": 0.0, "trend": 13.419133, "fair_value": 14.15995, "relative_strength": -5.486291, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -53.211604, "energy": 35.92124, "activity_lines": [ 12.8448, 12.882545, 12.948143, 13.124839 ] }, { "date": "2023-09-29", "close": 12.878, "volume": 0, "typical_volume": 0.0, "trend": 13.356067, "fair_value": 14.144123, "relative_strength": -5.417679, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -50.664136, "energy": 33.48263, "activity_lines": [ 12.864933, 12.873236, 12.930733, 13.089927 ] }, { "date": "2023-10-06", "close": 12.76, "volume": 0, "typical_volume": 0.0, "trend": 13.3114, "fair_value": 14.127244, "relative_strength": -4.337328, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -55.311081, "energy": 32.982262, "activity_lines": [ 12.8272, 12.839673, 12.905505, 13.051471 ] }, { "date": "2023-10-13", "close": 12.736, "volume": 0, "typical_volume": 0.0, "trend": 13.2686, "fair_value": 14.110482, "relative_strength": -4.89841, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -57.02387, "energy": 34.50827, "activity_lines": [ 12.7996, 12.809273, 12.882181, 13.014348 ] }, { "date": "2023-10-20", "close": 12.096, "volume": 0, "typical_volume": 0.0, "trend": 13.1958, "fair_value": 14.0865, "relative_strength": -5.908055, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -83.037432, "energy": 65.227065, "activity_lines": [ 12.5572, 12.678255, 12.800867, 12.938697 ] }, { "date": "2023-10-27", "close": 12.268, "volume": 0, "typical_volume": 0.0, "trend": 13.131933, "fair_value": 14.065106, "relative_strength": -4.027546, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -74.487896, "energy": 77.687167, "activity_lines": [ 12.422, 12.5944, 12.74221, 12.878839 ] }, { "date": "2023-11-03", "close": 12.37, "volume": 0, "typical_volume": 0.0, "trend": 13.067333, "fair_value": 14.045395, "relative_strength": -8.103426, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.32108, "energy": 78.408806, "activity_lines": [ 12.3628, 12.537564, 12.697305, 12.829682 ] }, { "date": "2023-11-10", "close": 12.376, "volume": 0, "typical_volume": 0.0, "trend": 13.007933, "fair_value": 14.026207, "relative_strength": -8.409856, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.391475, "energy": 81.995782, "activity_lines": [ 12.339467, 12.486, 12.657648, 12.78508 ] }, { "date": "2023-11-17", "close": 12.268, "volume": 0, "typical_volume": 0.0, "trend": 12.952, "fair_value": 14.006227, "relative_strength": -11.002034, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.857769, "energy": 77.227684, "activity_lines": [ 12.305733, 12.426727, 12.61, 12.737342 ] }, { "date": "2023-11-24", "close": 12.172, "volume": 0, "typical_volume": 0.0, "trend": 12.9, "fair_value": 13.985618, "relative_strength": -11.030869, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -73.032274, "energy": 69.422814, "activity_lines": [ 12.2712, 12.358109, 12.555933, 12.687019 ] }, { "date": "2023-12-01", "close": 12.034, "volume": 0, "typical_volume": 0.0, "trend": 12.839133, "fair_value": 13.963933, "relative_strength": -13.454953, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -79.772439, "energy": 78.448456, "activity_lines": [ 12.1856, 12.276618, 12.492067, 12.631148 ] }, { "date": "2023-12-08", "close": 11.79, "volume": 0, "typical_volume": 0.0, "trend": 12.778933, "fair_value": 13.940044, "relative_strength": -14.943924, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -88.301828, "energy": 91.80668, "activity_lines": [ 12.034267, 12.166473, 12.408971, 12.563462 ] }, { "date": "2023-12-15", "close": 11.588, "volume": 0, "typical_volume": 0.0, "trend": 12.710533, "fair_value": 13.914478, "relative_strength": -17.155063, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -90.381804, "energy": 95.068273, "activity_lines": [ 11.854267, 12.039382, 12.311086, 12.486628 ] }, { "date": "2023-12-22", "close": 11.466, "volume": 0, "typical_volume": 0.0, "trend": 12.647467, "fair_value": 13.888151, "relative_strength": -18.5034, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -89.064136, "energy": 95.447017, "activity_lines": [ 11.686133, 11.911418, 12.209133, 12.406335 ] }, { "date": "2023-12-29", "close": 11.72, "volume": 0, "typical_volume": 0.0, "trend": 12.591, "fair_value": 13.865085, "relative_strength": -17.000903, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.97758, "energy": 86.044803, "activity_lines": [ 11.656133, 11.852727, 12.141543, 12.346499 ] }, { "date": "2024-01-05", "close": 11.438, "volume": 0, "typical_volume": 0.0, "trend": 12.535067, "fair_value": 13.839537, "relative_strength": -18.532931, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -79.144604, "energy": 81.168114, "activity_lines": [ 11.562267, 11.7496, 12.053048, 12.272112 ] }, { "date": "2024-01-12", "close": 11.248, "volume": 0, "typical_volume": 0.0, "trend": 12.464933, "fair_value": 13.812542, "relative_strength": -18.704576, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -83.760828, "energy": 72.643386, "activity_lines": [ 11.4448, 11.627018, 11.952629, 12.189075 ] }, { "date": "2024-01-19", "close": 11.246, "volume": 0, "typical_volume": 0.0, "trend": 12.4112, "fair_value": 13.786082, "relative_strength": -16.946847, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -79.265835, "energy": 72.847441, "activity_lines": [ 11.3628, 11.524473, 11.858457, 12.110434 ] }, { "date": "2024-01-26", "close": 11.554, "volume": 0, "typical_volume": 0.0, "trend": 12.368333, "fair_value": 13.763306, "relative_strength": -16.95597, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.973356, "energy": 65.683944, "activity_lines": [ 11.406267, 11.498473, 11.802124, 12.055131 ] }, { "date": "2024-02-02", "close": 10.936, "volume": 0, "typical_volume": 0.0, "trend": 12.303733, "fair_value": 13.734747, "relative_strength": -20.629316, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -86.544198, "energy": 72.665707, "activity_lines": [ 11.237867, 11.373091, 11.692457, 11.962723 ] }, { "date": "2024-02-09", "close": 11.582, "volume": 0, "typical_volume": 0.0, "trend": 12.2606, "fair_value": 13.71322, "relative_strength": -13.560164, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.595361, "energy": 54.554057, "activity_lines": [ 11.337067, 11.387636, 11.6534, 11.916159 ] }, { "date": "2024-02-16", "close": 11.93, "volume": 0, "typical_volume": 0.0, "trend": 12.234133, "fair_value": 13.695564, "relative_strength": -11.968476, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -41.057163, "energy": 31.948701, "activity_lines": [ 11.542667, 11.473673, 11.653752, 11.89483 ] }, { "date": "2024-02-23", "close": 12.042, "volume": 0, "typical_volume": 0.0, "trend": 12.1964, "fair_value": 13.679353, "relative_strength": -10.328835, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -20.814166, "energy": 17.626096, "activity_lines": [ 11.740133, 11.577527, 11.669286, 11.882434 ] }, { "date": "2024-03-01", "close": 12.266, "volume": 0, "typical_volume": 0.0, "trend": 12.151867, "fair_value": 13.665631, "relative_strength": -8.250491, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": 13.393613, "energy": 28.546215, "activity_lines": [ 11.9592, 11.713855, 11.709571, 11.886925 ] }, { "date": "2024-03-08", "close": 12.128, "volume": 0, "typical_volume": 0.0, "trend": 12.1238, "fair_value": 13.650846, "relative_strength": -9.059626, "stage": 4, "regime": "rotation_up", "modifier": "Structural repair", "gate": "down", "direction": 5.214067, "energy": 30.643274, "activity_lines": [ 12.0848, 11.810545, 11.738952, 11.885385 ] }, { "date": "2024-03-15", "close": 12.308, "volume": 0, "typical_volume": 0.0, "trend": 12.1096, "fair_value": 13.638057, "relative_strength": -8.171915, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 34.332503, "energy": 42.9348, "activity_lines": [ 12.190933, 11.932545, 11.785324, 11.897269 ] }, { "date": "2024-03-22", "close": 12.202, "volume": 0, "typical_volume": 0.0, "trend": 12.096333, "fair_value": 13.624509, "relative_strength": -10.746314, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 26.407392, "energy": 49.575397, "activity_lines": [ 12.213333, 12.019455, 11.82141, 11.90323 ] }, { "date": "2024-03-29", "close": 12.18, "volume": 0, "typical_volume": 0.0, "trend": 12.067933, "fair_value": 13.611009, "relative_strength": -11.399076, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 24.254536, "energy": 48.877388, "activity_lines": [ 12.210267, 12.085018, 11.8562, 11.908628 ] }, { "date": "2024-04-05", "close": 12.28, "volume": 0, "typical_volume": 0.0, "trend": 12.053467, "fair_value": 13.598685, "relative_strength": -10.988218, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 27.703579, "energy": 36.079435, "activity_lines": [ 12.231333, 12.151782, 11.901448, 11.92231 ] }, { "date": "2024-04-12", "close": 12.148, "volume": 0, "typical_volume": 0.0, "trend": 12.030267, "fair_value": 13.585376, "relative_strength": -11.243374, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 29.31715, "energy": 28.796127, "activity_lines": [ 12.207467, 12.181345, 11.934067, 11.928409 ] }, { "date": "2024-04-19", "close": 12.42, "volume": 0, "typical_volume": 0.0, "trend": 12.014333, "fair_value": 13.574782, "relative_strength": -8.444778, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 40.80414, "energy": 34.52543, "activity_lines": [ 12.272933, 12.238327, 11.992705, 11.953553 ] }, { "date": "2024-04-26", "close": 12.554, "volume": 0, "typical_volume": 0.0, "trend": 12.003533, "fair_value": 13.565586, "relative_strength": -7.437709, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 45.734377, "energy": 48.723745, "activity_lines": [ 12.3756, 12.304436, 12.062267, 11.98837 ] }, { "date": "2024-05-03", "close": 12.854, "volume": 0, "typical_volume": 0.0, "trend": 12.006667, "fair_value": 13.559232, "relative_strength": -6.007205, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 85.108369, "energy": 84.390186, "activity_lines": [ 12.5548, 12.413745, 12.156762, 12.043239 ] }, { "date": "2024-05-10", "close": 12.802, "volume": 0, "typical_volume": 0.0, "trend": 12.008867, "fair_value": 13.552531, "relative_strength": -8.441667, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 80.12498, "energy": 91.113276, "activity_lines": [ 12.671733, 12.498836, 12.240276, 12.094551 ] }, { "date": "2024-05-17", "close": 12.814, "volume": 0, "typical_volume": 0.0, "trend": 12.0328, "fair_value": 13.546053, "relative_strength": -9.506117, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 73.829194, "energy": 89.509121, "activity_lines": [ 12.757867, 12.576364, 12.318571, 12.146495 ] }, { "date": "2024-05-24", "close": 12.392, "volume": 0, "typical_volume": 0.0, "trend": 12.036933, "fair_value": 13.536017, "relative_strength": -11.95195, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.326721, "energy": 81.086625, "activity_lines": [ 12.658933, 12.564691, 12.351467, 12.169669 ] }, { "date": "2024-05-31", "close": 12.344, "volume": 0, "typical_volume": 0.0, "trend": 12.036067, "fair_value": 13.525741, "relative_strength": -10.470738, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 60.75453, "energy": 49.164356, "activity_lines": [ 12.545867, 12.542764, 12.375248, 12.18948 ] }, { "date": "2024-06-07", "close": 12.388, "volume": 0, "typical_volume": 0.0, "trend": 12.036467, "fair_value": 13.516017, "relative_strength": -9.065445, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 43.542943, "energy": 30.48462, "activity_lines": [ 12.461467, 12.526255, 12.398, 12.212185 ] }, { "date": "2024-06-14", "close": 12.406, "volume": 0, "typical_volume": 0.0, "trend": 12.041067, "fair_value": 13.50661, "relative_strength": -5.398856, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 35.349525, "energy": 30.782799, "activity_lines": [ 12.414133, 12.509236, 12.417029, 12.236026 ] }, { "date": "2024-06-21", "close": 12.212, "volume": 0, "typical_volume": 0.0, "trend": 12.0424, "fair_value": 13.495731, "relative_strength": -7.9751, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 23.285024, "energy": 26.285449, "activity_lines": [ 12.328533, 12.454655, 12.413524, 12.247054 ] }, { "date": "2024-06-28", "close": 12.124, "volume": 0, "typical_volume": 0.0, "trend": 12.0454, "fair_value": 13.4843, "relative_strength": -8.752926, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -3.924336, "energy": 18.820349, "activity_lines": [ 12.253733, 12.382909, 12.395562, 12.252318 ] }, { "date": "2024-07-05", "close": 11.876, "volume": 0, "typical_volume": 0.0, "trend": 12.048267, "fair_value": 13.471008, "relative_strength": -12.583536, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -22.581355, "energy": 34.354326, "activity_lines": [ 12.114133, 12.271455, 12.3514, 12.241389 ] }, { "date": "2024-07-12", "close": 12.084, "volume": 0, "typical_volume": 0.0, "trend": 12.0648, "fair_value": 13.459639, "relative_strength": -10.617118, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -3.825642, "energy": 28.836134, "activity_lines": [ 12.075067, 12.210145, 12.327305, 12.243695 ] }, { "date": "2024-07-19", "close": 12.298, "volume": 0, "typical_volume": 0.0, "trend": 12.092533, "fair_value": 13.450195, "relative_strength": -7.881983, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -1.724532, "energy": 23.090292, "activity_lines": [ 12.1276, 12.201745, 12.32339, 12.25874 ] }, { "date": "2024-07-26", "close": 11.974, "volume": 0, "typical_volume": 0.0, "trend": 12.101, "fair_value": 13.43829, "relative_strength": -9.90828, "stage": 1, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -32.489073, "energy": 43.067337, "activity_lines": [ 12.079333, 12.1436, 12.288467, 12.251092 ] }, { "date": "2024-08-02", "close": 12.012, "volume": 0, "typical_volume": 0.0, "trend": 12.120133, "fair_value": 13.42688, "relative_strength": -5.492695, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -24.59524, "energy": 25.136927, "activity_lines": [ 12.0596, 12.107636, 12.257895, 12.245351 ] }, { "date": "2024-08-09", "close": 11.776, "volume": 0, "typical_volume": 0.0, "trend": 12.137733, "fair_value": 13.413778, "relative_strength": -7.843139, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -48.119282, "energy": 37.876316, "activity_lines": [ 11.968667, 12.035673, 12.206257, 12.223148 ] }, { "date": "2024-08-16", "close": 11.752, "volume": 0, "typical_volume": 0.0, "trend": 12.1546, "fair_value": 13.400693, "relative_strength": -9.288119, "stage": 1, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -46.950479, "energy": 61.63935, "activity_lines": [ 11.8764, 11.969673, 12.154362, 12.198262 ] }, { "date": "2024-08-23", "close": 11.622, "volume": 0, "typical_volume": 0.0, "trend": 12.156867, "fair_value": 13.386797, "relative_strength": -11.371043, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -52.204827, "energy": 72.90182, "activity_lines": [ 11.762933, 11.8916, 12.092124, 12.163901 ] }, { "date": "2024-08-30", "close": 11.68, "volume": 0, "typical_volume": 0.0, "trend": 12.181667, "fair_value": 13.373566, "relative_strength": -11.421794, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -70.524743, "energy": 80.405202, "activity_lines": [ 11.713867, 11.838327, 12.038543, 12.133135 ] }, { "date": "2024-09-06", "close": 11.37, "volume": 0, "typical_volume": 0.0, "trend": 12.1746, "fair_value": 13.358154, "relative_strength": -9.768426, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -85.359144, "energy": 88.263343, "activity_lines": [ 11.581067, 11.738364, 11.957667, 12.08077 ] }, { "date": "2024-09-13", "close": 11.126, "volume": 0, "typical_volume": 0.0, "trend": 12.1478, "fair_value": 13.341114, "relative_strength": -11.771805, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -89.875658, "energy": 93.732595, "activity_lines": [ 11.409733, 11.607745, 11.858552, 12.013118 ] }, { "date": "2024-09-20", "close": 11.284, "volume": 0, "typical_volume": 0.0, "trend": 12.122533, "fair_value": 13.32553, "relative_strength": -10.359145, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -73.411411, "energy": 86.660092, "activity_lines": [ 11.3344, 11.519491, 11.781286, 11.957389 ] }, { "date": "2024-09-27", "close": 13.418, "volume": 0, "typical_volume": 0.0, "trend": 12.160933, "fair_value": 13.326226, "relative_strength": 5.873645, "stage": 2, "regime": "rotation_up", "modifier": "Structural repair", "gate": "down", "direction": -4.608056, "energy": 7.051765, "activity_lines": [ 12.0016, 11.833782, 11.914733, 12.040968 ] }, { "date": "2024-10-04", "close": 15.526, "volume": 0, "typical_volume": 0.0, "trend": 12.2742, "fair_value": 13.342642, "relative_strength": 23.672071, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 50.741743, "energy": 56.339163, "activity_lines": [ 13.251733, 12.510982, 12.24601, 12.258069 ] }, { "date": "2024-10-11", "close": 14.482, "volume": 298, "typical_volume": 14.9, "trend": 12.346667, "fair_value": 13.351081, "relative_strength": 15.204891, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 77.097277, "energy": 68.282336, "activity_lines": [ 13.897467, 12.933782, 12.464943, 12.400508 ] }, { "date": "2024-10-18", "close": 14.308, "volume": 0, "typical_volume": 14.9, "trend": 12.416867, "fair_value": 13.358118, "relative_strength": 13.449397, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 64.697835, "energy": 66.120308, "activity_lines": [ 14.277733, 13.280036, 12.657352, 12.527045 ] }, { "date": "2024-10-25", "close": 14.364, "volume": 0, "typical_volume": 14.9, "trend": 12.489667, "fair_value": 13.36546, "relative_strength": 15.33473, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.226342, "energy": 86.930753, "activity_lines": [ 14.464533, 13.590436, 12.845743, 12.652667 ] }, { "date": "2024-11-01", "close": 14.108, "volume": 0, "typical_volume": 14.9, "trend": 12.5506, "fair_value": 13.370841, "relative_strength": 14.956941, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.247229, "energy": 69.68717, "activity_lines": [ 14.360667, 13.8068, 13.000343, 12.757075 ] }, { "date": "2024-11-08", "close": 14.524, "volume": 0, "typical_volume": 14.9, "trend": 12.6298, "fair_value": 13.379137, "relative_strength": 17.479841, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 68.061429, "energy": 56.925617, "activity_lines": [ 14.349467, 14.0536, 13.186457, 12.884391 ] }, { "date": "2024-11-15", "close": 14.48, "volume": 0, "typical_volume": 14.9, "trend": 12.698467, "fair_value": 13.387, "relative_strength": 16.726172, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.179683, "energy": 51.582288, "activity_lines": [ 14.3904, 14.240691, 13.357371, 13.003759 ] }, { "date": "2024-11-22", "close": 14.28, "volume": 0, "typical_volume": 14.9, "trend": 12.756, "fair_value": 13.393333, "relative_strength": 15.678154, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 58.875566, "energy": 45.756276, "activity_lines": [ 14.3648, 14.334873, 13.498019, 13.105794 ] }, { "date": "2024-11-29", "close": 14.454, "volume": 0, "typical_volume": 14.9, "trend": 12.809333, "fair_value": 13.400803, "relative_strength": 16.576406, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 50.758691, "energy": 41.939101, "activity_lines": [ 14.399067, 14.403345, 13.64379, 13.215342 ] }, { "date": "2024-12-06", "close": 14.454, "volume": 0, "typical_volume": 14.9, "trend": 12.8644, "fair_value": 13.408168, "relative_strength": 14.82671, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 59.210439, "energy": 42.57492, "activity_lines": [ 14.427333, 14.414182, 13.778276, 13.321449 ] }, { "date": "2024-12-13", "close": 14.374, "volume": 0, "typical_volume": 14.9, "trend": 12.9164, "fair_value": 13.414875, "relative_strength": 11.875376, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 55.84835, "energy": 36.721334, "activity_lines": [ 14.405867, 14.391636, 13.894876, 13.418843 ] }, { "date": "2024-12-20", "close": 14.496, "volume": 0, "typical_volume": 14.9, "trend": 12.986533, "fair_value": 13.422331, "relative_strength": 14.2366, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 56.386339, "energy": 35.838655, "activity_lines": [ 14.435067, 14.412218, 14.011667, 13.520753 ] }, { "date": "2024-12-27", "close": 14.642, "volume": 0, "typical_volume": 14.9, "trend": 13.063133, "fair_value": 13.430685, "relative_strength": 13.701797, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 60.125569, "energy": 40.018742, "activity_lines": [ 14.511867, 14.459091, 14.130533, 13.627557 ] }, { "date": "2025-01-03", "close": 14.06, "volume": 0, "typical_volume": 14.9, "trend": 13.118867, "fair_value": 13.434966, "relative_strength": 8.269906, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 45.231154, "energy": 31.83009, "activity_lines": [ 14.370533, 14.394073, 14.180324, 13.691871 ] }, { "date": "2025-01-10", "close": 13.908, "volume": 0, "typical_volume": 14.9, "trend": 13.168933, "fair_value": 13.438162, "relative_strength": 6.791817, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 42.168398, "energy": 34.754993, "activity_lines": [ 14.2048, 14.306945, 14.204648, 13.742783 ] }, { "date": "2025-01-17", "close": 14.34, "volume": 0, "typical_volume": 14.9, "trend": 13.239867, "fair_value": 13.444215, "relative_strength": 6.105719, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 42.457112, "energy": 32.965347, "activity_lines": [ 14.219467, 14.302, 14.259229, 13.818335 ] }, { "date": "2025-01-24", "close": 14.266, "volume": 0, "typical_volume": 14.9, "trend": 13.311267, "fair_value": 13.449693, "relative_strength": 3.577563, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 27.508296, "energy": 18.352242, "activity_lines": [ 14.211733, 14.286945, 14.294095, 13.884538 ] }, { "date": "2025-01-31", "close": 14.39, "volume": 0, "typical_volume": 14.9, "trend": 13.395067, "fair_value": 13.455921, "relative_strength": 3.656053, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 32.402402, "energy": 22.133302, "activity_lines": [ 14.260667, 14.298327, 14.326981, 13.954133 ] }, { "date": "2025-02-07", "close": 14.592, "volume": 0, "typical_volume": 14.9, "trend": 13.478667, "fair_value": 13.463395, "relative_strength": 4.527531, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 55.526194, "energy": 39.534907, "activity_lines": [ 14.393733, 14.344436, 14.363562, 14.031355 ] }, { "date": "2025-02-14", "close": 14.704, "volume": 0, "typical_volume": 14.9, "trend": 13.558867, "fair_value": 13.471503, "relative_strength": 0.004315, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 68.339801, "energy": 52.109498, "activity_lines": [ 14.528667, 14.4084, 14.395057, 14.110409 ] }, { "date": "2025-02-21", "close": 14.942, "volume": 75, "typical_volume": 18.65, "trend": 13.6578, "fair_value": 13.481052, "relative_strength": 2.429308, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 76.374151, "energy": 69.997569, "activity_lines": [ 14.689867, 14.511091, 14.443095, 14.199643 ] }, { "date": "2025-02-28", "close": 14.582, "volume": 0, "typical_volume": 3.75, "trend": 13.743467, "fair_value": 13.488155, "relative_strength": -2.368389, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 59.562128, "energy": 59.63214, "activity_lines": [ 14.690933, 14.538, 14.459629, 14.259269 ] }, { "date": "2025-03-07", "close": 14.17, "volume": 0, "typical_volume": 3.75, "trend": 13.823267, "fair_value": 13.492526, "relative_strength": -8.142675, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 44.534682, "energy": 31.884608, "activity_lines": [ 14.5336, 14.488436, 14.436448, 14.286787 ] }, { "date": "2025-03-14", "close": 14.502, "volume": 0, "typical_volume": 3.75, "trend": 13.914933, "fair_value": 13.487269, "relative_strength": -6.027834, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 38.744379, "energy": 25.143371, "activity_lines": [ 14.5016, 14.507818, 14.445543, 14.330576 ] }, { "date": "2025-03-21", "close": 14.128, "volume": 0, "typical_volume": 3.75, "trend": 13.998467, "fair_value": 13.481679, "relative_strength": -7.544355, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 11.84295, "energy": 12.43843, "activity_lines": [ 14.350933, 14.451164, 14.418362, 14.344323 ] }, { "date": "2025-03-28", "close": 14.05, "volume": 0, "typical_volume": 3.75, "trend": 14.077467, "fair_value": 13.47641, "relative_strength": -6.171314, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": -4.007241, "energy": 17.319779, "activity_lines": [ 14.212667, 14.376327, 14.383657, 14.347647 ] }, { "date": "2025-04-04", "close": 13.034, "volume": 0, "typical_volume": 3.75, "trend": 14.132933, "fair_value": 13.463397, "relative_strength": -3.410618, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "mixed", "direction": -60.065909, "energy": 65.206489, "activity_lines": [ 13.7952, 14.122036, 14.254448, 14.280327 ] }, { "date": "2025-04-11", "close": 12.858, "volume": 0, "typical_volume": 3.75, "trend": 14.190667, "fair_value": 13.448718, "relative_strength": -3.541836, "stage": 1, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -61.117454, "energy": 77.716086, "activity_lines": [ 13.422267, 13.858145, 14.115362, 14.198073 ] }, { "date": "2025-04-18", "close": 12.904, "volume": 0, "typical_volume": 3.75, "trend": 14.244667, "fair_value": 13.440231, "relative_strength": -8.031247, "stage": 1, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -79.935589, "energy": 90.465068, "activity_lines": [ 13.152133, 13.630473, 13.987429, 14.115062 ] }, { "date": "2025-04-25", "close": 13.03, "volume": 113, "typical_volume": 9.4, "trend": 14.231733, "fair_value": 13.431821, "relative_strength": -10.301181, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -69.112365, "energy": 87.920344, "activity_lines": [ 13.030533, 13.4564, 13.878876, 14.036697 ] }, { "date": "2025-05-02", "close": 13.258, "volume": 0, "typical_volume": 9.4, "trend": 14.156133, "fair_value": 13.425667, "relative_strength": -9.851351, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.034501, "energy": 83.345066, "activity_lines": [ 13.058133, 13.354218, 13.798819, 13.973875 ] }, { "date": "2025-05-09", "close": 13.482, "volume": 0, "typical_volume": 9.4, "trend": 14.1228, "fair_value": 13.421244, "relative_strength": -12.21845, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.304494, "energy": 55.150344, "activity_lines": [ 13.2132, 13.323382, 13.74541, 13.930383 ] }, { "date": "2025-05-16", "close": 13.782, "volume": 113, "typical_volume": 15.05, "trend": 14.105267, "fair_value": 13.418641, "relative_strength": -12.693483, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -46.029197, "energy": 33.803711, "activity_lines": [ 13.4384, 13.367091, 13.7254, 13.908396 ] }, { "date": "2025-05-23", "close": 13.554, "volume": 0, "typical_volume": 15.05, "trend": 14.078267, "fair_value": 13.415308, "relative_strength": -12.969905, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -39.609126, "energy": 24.807054, "activity_lines": [ 13.526, 13.3764, 13.687771, 13.87283 ] }, { "date": "2025-05-30", "close": 13.354, "volume": 0, "typical_volume": 15.05, "trend": 14.053133, "fair_value": 13.40741, "relative_strength": -14.939861, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -39.09148, "energy": 25.649532, "activity_lines": [ 13.5036, 13.366582, 13.633505, 13.826103 ] }, { "date": "2025-06-06", "close": 13.494, "volume": 0, "typical_volume": 15.05, "trend": 14.0188, "fair_value": 13.397487, "relative_strength": -14.312859, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -36.536444, "energy": 22.449909, "activity_lines": [ 13.506267, 13.396291, 13.59521, 13.79003 ] }, { "date": "2025-06-13", "close": 13.304, "volume": 0, "typical_volume": 15.05, "trend": 13.9796, "fair_value": 13.383, "relative_strength": -13.483715, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -47.086886, "energy": 29.941363, "activity_lines": [ 13.429867, 13.401564, 13.542848, 13.743914 ] }, { "date": "2025-06-20", "close": 13.308, "volume": 0, "typical_volume": 15.05, "trend": 13.9472, "fair_value": 13.3665, "relative_strength": -12.893452, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -57.022319, "energy": 37.232897, "activity_lines": [ 13.366667, 13.402655, 13.495448, 13.700585 ] }, { "date": "2025-06-27", "close": 13.376, "volume": 0, "typical_volume": 15.05, "trend": 13.911267, "fair_value": 13.348679, "relative_strength": -13.961396, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -51.512975, "energy": 33.351921, "activity_lines": [ 13.357733, 13.407927, 13.459676, 13.663733 ] }, { "date": "2025-07-04", "close": 13.558, "volume": 0, "typical_volume": 15.05, "trend": 13.8814, "fair_value": 13.329833, "relative_strength": -12.05084, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -50.517845, "energy": 32.643082, "activity_lines": [ 13.421333, 13.437709, 13.447029, 13.640942 ] }, { "date": "2025-07-11", "close": 13.75, "volume": 0, "typical_volume": 11.3, "trend": 13.8606, "fair_value": 13.316564, "relative_strength": -12.679497, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -10.873898, "energy": 9.821503, "activity_lines": [ 13.535333, 13.4928, 13.458124, 13.632465 ] }, { "date": "2025-07-18", "close": 14.076, "volume": 0, "typical_volume": 11.3, "trend": 13.8466, "fair_value": 13.306397, "relative_strength": -10.55144, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 17.095104, "energy": 26.8896, "activity_lines": [ 13.740933, 13.598218, 13.505943, 13.646361 ] }, { "date": "2025-07-25", "close": 14.182, "volume": 0, "typical_volume": 11.3, "trend": 13.831267, "fair_value": 13.298718, "relative_strength": -11.572262, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 42.263848, "energy": 63.939107, "activity_lines": [ 13.9304, 13.712109, 13.566267, 13.668 ] }, { "date": "2025-08-01", "close": 14.07, "volume": 0, "typical_volume": 11.3, "trend": 13.8316, "fair_value": 13.290167, "relative_strength": -9.817614, "stage": 4, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 31.205325, "energy": 63.324649, "activity_lines": [ 14.024267, 13.798364, 13.615867, 13.683402 ] }, { "date": "2025-08-08", "close": 14.248, "volume": 0, "typical_volume": 11.3, "trend": 13.842933, "fair_value": 13.282487, "relative_strength": -13.641714, "stage": 4, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 39.812108, "energy": 69.618743, "activity_lines": [ 14.1312, 13.9076, 13.684476, 13.710267 ] }, { "date": "2025-08-15", "close": 14.538, "volume": 0, "typical_volume": 11.3, "trend": 13.849533, "fair_value": 13.276962, "relative_strength": -14.04952, "stage": 4, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 60.813358, "energy": 81.859538, "activity_lines": [ 14.2888, 14.053309, 13.780133, 13.75511 ] }, { "date": "2025-08-22", "close": 15.302, "volume": 0, "typical_volume": 11.3, "trend": 13.884067, "fair_value": 13.27709, "relative_strength": -8.425417, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 70.32461, "energy": 88.210196, "activity_lines": [ 14.648533, 14.318945, 13.946229, 13.848817 ] }, { "date": "2025-08-29", "close": 15.7, "volume": 0, "typical_volume": 11.3, "trend": 13.927733, "fair_value": 13.281026, "relative_strength": -2.687274, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 97.402266, "energy": 98.734542, "activity_lines": [ 15.0592, 14.620618, 14.139429, 13.965974 ] }, { "date": "2025-09-05", "close": 15.54, "volume": 11576, "typical_volume": 590.1, "trend": 13.959333, "fair_value": 13.284026, "relative_strength": -3.437112, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 84.437103, "energy": 94.34263, "activity_lines": [ 15.315333, 14.849709, 14.303857, 14.069991 ] }, { "date": "2025-09-12", "close": 15.758, "volume": 0, "typical_volume": 584.45, "trend": 13.994467, "fair_value": 13.290731, "relative_strength": -3.304342, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 83.240489, "energy": 93.959591, "activity_lines": [ 15.546133, 15.079091, 14.476495, 14.186034 ] }, { "date": "2025-09-19", "close": 15.73, "volume": 0, "typical_volume": 584.45, "trend": 14.020733, "fair_value": 13.300577, "relative_strength": -3.221525, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 73.933766, "energy": 90.234757, "activity_lines": [ 15.666933, 15.263382, 14.633476, 14.298004 ] }, { "date": "2025-09-26", "close": 15.854, "volume": 0, "typical_volume": 584.45, "trend": 14.063133, "fair_value": 13.311987, "relative_strength": -2.848949, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 76.303309, "energy": 79.53676, "activity_lines": [ 15.7496, 15.434218, 14.790495, 14.41628 ] }, { "date": "2025-10-03", "close": 16.275999, "volume": 163, "typical_volume": 586.95, "trend": 14.133333, "fair_value": 13.32341, "relative_strength": -1.939637, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 87.534264, "energy": 74.697528, "activity_lines": [ 15.936133, 15.649454, 14.976409, 14.559045 ] }, { "date": "2025-10-10", "close": 16.274, "volume": 5586, "typical_volume": 866.25, "trend": 14.1924, "fair_value": 13.337808, "relative_strength": 0.227647, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 80.439138, "energy": 72.005304, "activity_lines": [ 16.0836, 15.826254, 15.150257, 14.697153 ] }, { "date": "2025-10-17", "close": 15.952, "volume": 0, "typical_volume": 866.25, "trend": 14.2532, "fair_value": 13.352103, "relative_strength": 0.395502, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.700769, "energy": 66.836852, "activity_lines": [ 16.0748, 15.904436, 15.280486, 14.810675 ] }, { "date": "2025-10-24", "close": 16.49, "volume": 0, "typical_volume": 866.25, "trend": 14.334533, "fair_value": 13.376808, "relative_strength": 2.095582, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 80.925307, "energy": 71.344099, "activity_lines": [ 16.2324, 16.049454, 15.449581, 14.954985 ] }, { "date": "2025-10-31", "close": 16.562, "volume": 0, "typical_volume": 866.25, "trend": 14.452133, "fair_value": 13.39859, "relative_strength": -0.178052, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 78.177648, "energy": 70.008971, "activity_lines": [ 16.363333, 16.172073, 15.611267, 15.098692 ] }, { "date": "2025-11-07", "close": 16.606001, "volume": 1676, "typical_volume": 950.05, "trend": 14.577067, "fair_value": 13.418551, "relative_strength": 1.56212, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 74.962868, "energy": 68.286171, "activity_lines": [ 16.461734, 16.279782, 15.761629, 15.237652 ] }, { "date": "2025-11-14", "close": 16.497999, "volume": 0, "typical_volume": 950.05, "trend": 14.696867, "fair_value": 13.4385, "relative_strength": -0.787707, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.713238, "energy": 65.136835, "activity_lines": [ 16.502133, 16.351382, 15.886, 15.361583 ] }, { "date": "2025-11-21", "close": 16.040001, "volume": 0, "typical_volume": 950.05, "trend": 14.7972, "fair_value": 13.457333, "relative_strength": -1.866736, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.707344, "energy": 60.564012, "activity_lines": [ 16.374934, 16.322291, 15.951886, 15.448237 ] }, { "date": "2025-11-28", "close": 16.309999, "volume": 0, "typical_volume": 950.05, "trend": 14.898933, "fair_value": 13.473974, "relative_strength": -4.161549, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 51.607116, "energy": 50.553173, "activity_lines": [ 16.331867, 16.337164, 16.031667, 15.545837 ] }, { "date": "2025-12-05", "close": 16.466, "volume": 0, "typical_volume": 950.05, "trend": 14.9984, "fair_value": 13.48691, "relative_strength": -4.186486, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 55.785432, "energy": 48.408725, "activity_lines": [ 16.3528, 16.369854, 16.114114, 15.646938 ] }, { "date": "2025-12-12", "close": 16.282, "volume": 0, "typical_volume": 950.05, "trend": 15.081733, "fair_value": 13.499385, "relative_strength": -5.249317, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 46.006803, "energy": 39.31572, "activity_lines": [ 16.3188, 16.357964, 16.167657, 15.72975 ] }, { "date": "2025-12-19", "close": 16.43, "volume": 0, "typical_volume": 950.05, "trend": 15.1776, "fair_value": 13.515885, "relative_strength": -6.306578, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 50.122627, "energy": 41.73485, "activity_lines": [ 16.355733, 16.372873, 16.225295, 15.816735 ] }, { "date": "2025-12-26", "close": 16.530001, "volume": 0, "typical_volume": 950.05, "trend": 15.283467, "fair_value": 13.534833, "relative_strength": -5.484758, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 64.214692, "energy": 48.616827, "activity_lines": [ 16.430534, 16.403127, 16.281219, 15.903987 ] }, { "date": "2026-01-02", "close": 16.85, "volume": 0, "typical_volume": 950.05, "trend": 15.395333, "fair_value": 13.553654, "relative_strength": -5.152528, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 77.058288, "energy": 57.121652, "activity_lines": [ 16.579334, 16.481055, 16.356752, 16.005054 ] }, { "date": "2026-01-09", "close": 17.42, "volume": 0, "typical_volume": 950.05, "trend": 15.532533, "fair_value": 13.571231, "relative_strength": -2.548285, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 90.019759, "energy": 81.807993, "activity_lines": [ 16.882134, 16.656073, 16.475562, 16.135677 ] }, { "date": "2026-01-16", "close": 17.318001, "volume": 1634, "typical_volume": 1031.75, "trend": 15.6662, "fair_value": 13.586692, "relative_strength": -3.956834, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 81.038597, "energy": 90.440604, "activity_lines": [ 17.087334, 16.796946, 16.574572, 16.250869 ] }, { "date": "2026-01-23", "close": 17.038, "volume": 0, "typical_volume": 452.95, "trend": 15.788267, "fair_value": 13.598308, "relative_strength": -6.004185, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 67.199457, "energy": 85.350655, "activity_lines": [ 17.130134, 16.873964, 16.63921, 16.339372 ] }, { "date": "2026-01-30", "close": 16.874001, "volume": 0, "typical_volume": 452.95, "trend": 15.8988, "fair_value": 13.613013, "relative_strength": -7.948415, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.093627, "energy": 74.651874, "activity_lines": [ 17.077734, 16.911346, 16.681095, 16.40942 ] }, { "date": "2026-02-06", "close": 16.906, "volume": 0, "typical_volume": 452.95, "trend": 16.004, "fair_value": 13.627564, "relative_strength": -8.341863, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 60.768491, "energy": 52.28684, "activity_lines": [ 17.013067, 16.939382, 16.720715, 16.4744 ] }, { "date": "2026-02-13", "close": 16.886, "volume": 0, "typical_volume": 452.95, "trend": 16.097667, "fair_value": 13.6445, "relative_strength": -7.424368, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 45.905881, "energy": 36.942937, "activity_lines": [ 16.938, 16.952946, 16.752829, 16.531303 ] }, { "date": "2026-02-20", "close": 17.218, "volume": 0, "typical_volume": 444.8, "trend": 16.198867, "fair_value": 13.663859, "relative_strength": -8.214185, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 60.385813, "energy": 42.902832, "activity_lines": [ 17.0092, 17.019237, 16.811648, 16.603583 ] }, { "date": "2026-02-27", "close": 17.299999, "volume": 0, "typical_volume": 165.5, "trend": 16.306533, "fair_value": 13.680077, "relative_strength": -5.796878, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 71.547429, "energy": 52.174599, "activity_lines": [ 17.1144, 17.083418, 16.873791, 16.674624 ] }, { "date": "2026-03-06", "close": 17.176001, "volume": 1467, "typical_volume": 238.85, "trend": 16.404133, "fair_value": 13.699795, "relative_strength": -1.240333, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 60.610346, "energy": 48.833332, "activity_lines": [ 17.1608, 17.109237, 16.919238, 16.730718 ] }, { "date": "2026-03-13", "close": 17.586, "volume": 0, "typical_volume": 238.85, "trend": 16.505733, "fair_value": 13.722654, "relative_strength": 3.838358, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 79.720384, "energy": 71.885828, "activity_lines": [ 17.323733, 17.197855, 16.997905, 16.806968 ] }, { "date": "2026-03-20", "close": 16.898001, "volume": 0, "typical_volume": 238.85, "trend": 16.558933, "fair_value": 13.739436, "relative_strength": 1.125453, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 58.389243, "energy": 43.849151, "activity_lines": [ 17.212, 17.148, 17.005829, 16.832275 ] }, { "date": "2026-03-27", "close": 16.747999, "volume": 0, "typical_volume": 155.05, "trend": 16.593867, "fair_value": 13.755872, "relative_strength": -1.106101, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 33.331159, "energy": 21.085877, "activity_lines": [ 17.049467, 17.080364, 16.997867, 16.844473 ] }, { "date": "2026-04-03", "close": 16.903999, "volume": 100, "typical_volume": 160.05, "trend": 16.639333, "fair_value": 13.772513, "relative_strength": -3.385953, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 32.898023, "energy": 16.362404, "activity_lines": [ 16.970266, 17.051454, 17.004086, 16.864482 ] }, { "date": "2026-04-10", "close": 17.351999, "volume": 0, "typical_volume": 160.05, "trend": 16.692467, "fair_value": 13.792987, "relative_strength": -6.637315, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 46.341754, "energy": 24.157016, "activity_lines": [ 17.066799, 17.106436, 17.051038, 16.91046 ] }, { "date": "2026-04-17", "close": 17.728001, "volume": 0, "typical_volume": 160.05, "trend": 16.759067, "fair_value": 13.817231, "relative_strength": -6.740836, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 71.44548, "energy": 38.860191, "activity_lines": [ 17.276933, 17.221091, 17.127552, 16.977269 ] }, { "date": "2026-04-24", "close": 17.926001, "volume": 0, "typical_volume": 160.05, "trend": 16.828133, "fair_value": 13.844115, "relative_strength": -2.303441, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 77.302435, "energy": 73.148697, "activity_lines": [ 17.5436, 17.3568, 17.216172, 17.052555 ] }, { "date": "2026-05-01", "close": 18.153999, "volume": 0, "typical_volume": 160.05, "trend": 16.890733, "fair_value": 13.871641, "relative_strength": -1.708255, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 80.353417, "energy": 84.617828, "activity_lines": [ 17.817733, 17.515054, 17.319552, 17.138095 ] }, { "date": "2026-05-08", "close": 18.33, "volume": 0, "typical_volume": 160.05, "trend": 16.959267, "fair_value": 13.901987, "relative_strength": -2.248531, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 81.921344, "energy": 89.954851, "activity_lines": [ 18.0568, 17.688291, 17.430781, 17.230951 ] }, { "date": "2026-05-15", "close": 18.474001, "volume": 0, "typical_volume": 160.05, "trend": 17.043333, "fair_value": 13.932974, "relative_strength": -1.1101, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 80.077534, "energy": 89.394251, "activity_lines": [ 18.2488, 17.868982, 17.546676, 17.328675 ] }, { "date": "2026-05-22", "close": 18.384001, "volume": 0, "typical_volume": 160.05, "trend": 17.106467, "fair_value": 13.965192, "relative_strength": -3.600765, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 70.869014, "energy": 84.799816, "activity_lines": [ 18.336001, 18.009709, 17.644743, 17.41517 ] }, { "date": "2026-05-29", "close": 18.694, "volume": 0, "typical_volume": 160.05, "trend": 17.177533, "fair_value": 13.999038, "relative_strength": -4.63709, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 78.636064, "energy": 82.43281, "activity_lines": [ 18.4828, 18.192291, 17.765029, 17.517592 ] }, { "date": "2026-06-05", "close": 18.458, "volume": 0, "typical_volume": 78.35, "trend": 17.239267, "fair_value": 14.033282, "relative_strength": -4.840096, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.231725, "energy": 61.901276, "activity_lines": [ 18.499734, 18.299309, 17.856772, 17.600202 ] }, { "date": "2026-06-12", "close": 18.48, "volume": 1779, "typical_volume": 167.3, "trend": 17.305333, "fair_value": 14.066154, "relative_strength": -7.326513, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.481696, "energy": 60.376074, "activity_lines": [ 18.503734, 18.379237, 17.945181, 17.68025 ] }, { "date": "2026-06-19", "close": 19.27, "volume": 0, "typical_volume": 167.3, "trend": 17.413, "fair_value": 14.107256, "relative_strength": -7.279279, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 88.020498, "energy": 80.83737, "activity_lines": [ 18.761067, 18.574146, 18.101962, 17.807002 ] }, { "date": "2026-06-26", "close": 19.087999, "volume": 0, "typical_volume": 167.3, "trend": 17.5056, "fair_value": 14.147308, "relative_strength": -6.387421, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 76.661335, "energy": 84.323449, "activity_lines": [ 18.904666, 18.701091, 18.23, 17.915067 ] }, { "date": "2026-07-03", "close": 19.011999, "volume": 0, "typical_volume": 167.3, "trend": 17.590467, "fair_value": 14.186654, "relative_strength": -8.920384, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.177923, "energy": 82.590075, "activity_lines": [ 18.975999, 18.789491, 18.340409, 18.012254 ] }, { "date": "2026-07-10", "close": 18.864, "volume": 0, "typical_volume": 167.3, "trend": 17.676533, "fair_value": 14.225038, "relative_strength": -8.412607, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.47366, "energy": 77.88101, "activity_lines": [ 18.9768, 18.831236, 18.4266, 18.094417 ] }, { "date": "2026-07-17", "close": 17.808001, "volume": 0, "typical_volume": 167.3, "trend": 17.722467, "fair_value": 14.257628, "relative_strength": -11.727958, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 30.269869, "energy": 30.9692, "activity_lines": [ 18.598533, 18.668073, 18.404381, 18.102899 ] }, { "date": "2026-07-24", "close": 18.469999, "volume": 0, "typical_volume": 93.95, "trend": 17.787133, "fair_value": 14.291577, "relative_strength": -9.605727, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 38.00505, "energy": 22.873063, "activity_lines": [ 18.485733, 18.634763, 18.44279, 18.151127 ] }, { "date": "2026-07-31", "close": 18.048, "volume": 0, "typical_volume": 93.95, "trend": 17.827067, "fair_value": 14.320077, "relative_strength": -11.504261, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 20.078869, "energy": 23.419714, "activity_lines": [ 18.2856, 18.5248, 18.434848, 18.167957 ] }, { "date": "2026-08-07", "close": 18.559999, "volume": 0, "typical_volume": 93.95, "trend": 17.865067, "fair_value": 14.35591, "relative_strength": -11.535683, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 26.50505, "energy": 24.966243, "activity_lines": [ 18.325466, 18.514036, 18.473466, 18.215243 ] } ], "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." } } }