{ "ticker": { "uuid": "998f9fb6-62b5-4cac-8df0-121ffc41a1b7", "symbol": "NPKI", "name": "NPK International Inc.", "exchange": "NYSE", "country": "US", "assetType": "equity" }, "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.", "analysis": { "eligible": true, "as_of": "2026-08-07", "benchmark": "SPY", "stage": 3, "stage_name": "Distribution", "phase": "3c", "phase_label": "Stage 3C \u00b7 Breakdown watch", "transition": "stage_3_to_4_watch", "transition_label": "Stage 3 \u2192 4 watch", "confidence": 96.0, "architecture_regime": "rotation_down", "architecture_regime_label": "Rotation Down", "architecture_modifier": "Supply rotation", "architecture_gate": "mixed", "architecture_direction": -32.804, "architecture_energy": 47.187, "architecture_maturity": 7.336, "architecture_confidence": 64.256, "architecture_tenure": "New", "architecture": { "interpretation": { "headline": "The Activity Line structure is rotating downward.", "body": "Fast Activity is weakening relative to Slow Activity and price acceptance is deteriorating. Persistent negative Trend confirmation would establish Downward Expansion." }, "scores": { "balance": 36.99, "rotation_up": 17.8, "upward_expansion": 17.8, "deceleration": 44.22, "rotation_down": 66.74, "downward_expansion": 61.8 }, "activity_lines": [ 13.562667, 14.080364, 14.492524, 14.506839 ], "activity_state": "Moderate", "activity_direction": "Expanding", "rotation_direction": "Weakening", "price_acceptance": -1.0 }, "latest_close": 13.48, "trend_reference": 14.443333, "distance_from_trend": -0.066697, "trend_direction": "Improving", "fair_value": 9.227308, "distance_from_fair_value": 0.460881, "fair_value_direction": "Weakening", "relative_strength": -9.034685, "relative_strength_direction": "Weakening", "price_momentum": -0.044649, "excess_performance": -0.170274, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.066697, "read": "Below" }, { "label": "Trend direction", "positive": true, "value": 0.051699, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.460881, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.31602, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.090347, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.230408, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.044649, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.900261, "read": "Supply-led" } ], "volume": { "latest": 4276535, "relative_activity": 0.967512, "balance": 0.900261, "dry_up": 0.974509, "accumulation_observations": 2, "distribution_observations": 4 }, "risk": { "range_context": 0.104342, "annualized_volatility": 0.347853, "from_high_reference": -0.18303, "from_low_reference": 0.45651 }, "levels": { "trend_reference": 14.443333, "fair_value_reference": 9.227308, "structural_low": 11.8, "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": 4, "median_return": 0.0139, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": 0.010238, "regime_survival": 0.0, "best_return": 0.122349, "worst_return": -0.193038, "sufficient": false }, { "horizon": "Intermediate", "sample_count": 4, "median_return": 0.160994, "positive_rate": 0.75, "directional_follow_through": 0.25, "median_excess_return": 0.121505, "regime_survival": 0.0, "best_return": 0.426724, "worst_return": -0.047468, "sufficient": false }, { "horizon": "Extended", "sample_count": 4, "median_return": 0.330768, "positive_rate": 0.75, "directional_follow_through": 0.25, "median_excess_return": 0.29203, "regime_survival": 0.0, "best_return": 0.62931, "worst_return": -0.29073, "sufficient": false }, { "horizon": "Full cycle", "sample_count": 2, "median_return": 0.146327, "positive_rate": 1.0, "directional_follow_through": 0.0, "median_excess_return": 0.053594, "regime_survival": 0.0, "best_return": 0.224138, "worst_return": 0.068515, "sufficient": false } ], "ledger": [ { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-07-12", "end": "2024-08-30", "tenure": "Developing", "return": 0.078637, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-09-06", "end": "2024-09-27", "tenure": "New", "return": -0.038889, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2024-10-04", "end": "2024-10-11", "tenure": "New", "return": 0.01264, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2024-10-18", "end": "2024-11-22", "tenure": "Developing", "return": 0.120226, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-11-29", "end": "2024-12-06", "tenure": "New", "return": -0.077751, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2024-12-13", "end": "2024-12-20", "tenure": "New", "return": -0.052972, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-12-27", "end": "2025-02-14", "tenure": "Developing", "return": -0.051701, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-02-21", "end": "2025-05-09", "tenure": "Developing", "return": 0.277017, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-05-16", "end": "2025-06-20", "tenure": "Developing", "return": 0.045232, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-06-27", "end": "2026-03-20", "tenure": "Extended", "return": 0.540909, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-03-27", "end": "2026-04-10", "tenure": "New", "return": 0.028747, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-04-17", "end": "2026-07-10", "tenure": "Established", "return": -0.02381, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-07-17", "end": "2026-07-31", "tenure": "New", "return": -0.12901, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2026-08-07", "end": "2026-08-07", "tenure": "New", "return": 0.0, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 5.58, "volume": 2458708, "typical_volume": 2976104.55, "trend": 4.471, "fair_value": 3.34925, "relative_strength": 26.328977, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 72.044768, "energy": 55.539633, "activity_lines": [ 5.39, 5.318182, 4.913333, 4.681333 ] }, { "date": "2023-08-25", "close": 5.92, "volume": 6305472, "typical_volume": 3103870.7, "trend": 4.527, "fair_value": 3.373673, "relative_strength": 31.511951, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 78.300873, "energy": 58.750044, "activity_lines": [ 5.571333, 5.449455, 5.040476, 4.774817 ] }, { "date": "2023-09-01", "close": 6.13, "volume": 3120933, "typical_volume": 3102176.55, "trend": 4.586333, "fair_value": 3.400788, "relative_strength": 31.298817, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 81.106287, "energy": 73.461269, "activity_lines": [ 5.783333, 5.593818, 5.178476, 4.878237 ] }, { "date": "2023-09-08", "close": 6.15, "volume": 3394570, "typical_volume": 3094093.25, "trend": 4.637, "fair_value": 3.430788, "relative_strength": 31.852702, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 75.91536, "energy": 86.674483, "activity_lines": [ 5.96, 5.717273, 5.308, 4.979118 ] }, { "date": "2023-09-15", "close": 6.02, "volume": 4660423, "typical_volume": 3213407.05, "trend": 4.695333, "fair_value": 3.45925, "relative_strength": 27.853057, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.553532, "energy": 82.895806, "activity_lines": [ 6.034, 5.800364, 5.414762, 5.068344 ] }, { "date": "2023-09-22", "close": 6.57, "volume": 4703783, "typical_volume": 3310939.0, "trend": 4.773, "fair_value": 3.493224, "relative_strength": 41.595225, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 83.221736, "energy": 89.384993, "activity_lines": [ 6.237333, 5.970182, 5.564286, 5.18929 ] }, { "date": "2023-09-29", "close": 6.91, "volume": 8498919, "typical_volume": 3667132.4, "trend": 4.843, "fair_value": 3.532391, "relative_strength": 47.578434, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 86.283967, "energy": 88.910007, "activity_lines": [ 6.488, 6.178, 5.733571, 5.327161 ] }, { "date": "2023-10-06", "close": 6.61, "volume": 7798050, "typical_volume": 3975141.3, "trend": 4.912333, "fair_value": 3.568953, "relative_strength": 38.798186, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.956627, "energy": 72.081596, "activity_lines": [ 6.572667, 6.302545, 5.859524, 5.441161 ] }, { "date": "2023-10-13", "close": 7.02, "volume": 3105402, "typical_volume": 4045697.5, "trend": 5.021333, "fair_value": 3.608725, "relative_strength": 44.778203, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 79.582073, "energy": 79.073142, "activity_lines": [ 6.762, 6.481455, 6.011619, 5.57714 ] }, { "date": "2023-10-20", "close": 6.76, "volume": 3291421, "typical_volume": 4103051.95, "trend": 5.121333, "fair_value": 3.646417, "relative_strength": 41.148165, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.448218, "energy": 64.870088, "activity_lines": [ 6.806667, 6.581091, 6.123714, 5.689312 ] }, { "date": "2023-10-27", "close": 7.0, "volume": 3882273, "typical_volume": 4206527.4, "trend": 5.226333, "fair_value": 3.686705, "relative_strength": 47.941586, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 71.736653, "energy": 64.767278, "activity_lines": [ 6.882, 6.696182, 6.246143, 5.810516 ] }, { "date": "2023-11-03", "close": 7.18, "volume": 4564635, "typical_volume": 4225002.75, "trend": 5.332333, "fair_value": 3.727436, "relative_strength": 41.818431, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 75.009957, "energy": 65.471205, "activity_lines": [ 6.988667, 6.818182, 6.372476, 5.936559 ] }, { "date": "2023-11-10", "close": 6.95, "volume": 3680331, "typical_volume": 4133105.7, "trend": 5.432333, "fair_value": 3.764359, "relative_strength": 34.212237, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.244839, "energy": 57.010263, "activity_lines": [ 7.000667, 6.875455, 6.464333, 6.040925 ] }, { "date": "2023-11-17", "close": 7.12, "volume": 4343164, "typical_volume": 4129339.3, "trend": 5.537333, "fair_value": 3.799744, "relative_strength": 33.134363, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.45711, "energy": 56.894094, "activity_lines": [ 7.046667, 6.948727, 6.562048, 6.149806 ] }, { "date": "2023-11-24", "close": 7.21, "volume": 1934382, "typical_volume": 4081221.55, "trend": 5.644333, "fair_value": 3.835, "relative_strength": 32.262948, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.471728, "energy": 56.968351, "activity_lines": [ 7.116, 7.020727, 6.659333, 6.25772 ] }, { "date": "2023-12-01", "close": 7.2, "volume": 5104152, "typical_volume": 4227128.65, "trend": 5.753667, "fair_value": 3.869872, "relative_strength": 29.845127, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.298743, "energy": 53.100478, "activity_lines": [ 7.152, 7.069273, 6.746524, 6.358086 ] }, { "date": "2023-12-08", "close": 6.91, "volume": 6923145, "typical_volume": 4395126.0, "trend": 5.857, "fair_value": 3.901154, "relative_strength": 23.306775, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 58.550132, "energy": 43.750419, "activity_lines": [ 7.078, 7.053636, 6.796857, 6.432688 ] }, { "date": "2023-12-15", "close": 7.04, "volume": 5787681, "typical_volume": 4499068.95, "trend": 5.961667, "fair_value": 3.932756, "relative_strength": 21.744822, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 55.143168, "energy": 38.781772, "activity_lines": [ 7.065333, 7.061636, 6.852048, 6.509011 ] }, { "date": "2023-12-22", "close": 6.98, "volume": 4268463, "typical_volume": 4532901.15, "trend": 6.067, "fair_value": 3.965, "relative_strength": 18.796194, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 43.501206, "energy": 30.597885, "activity_lines": [ 7.026667, 7.050909, 6.89419, 6.57471 ] }, { "date": "2023-12-29", "close": 6.64, "volume": 2845882, "typical_volume": 4533589.45, "trend": 6.150667, "fair_value": 3.995256, "relative_strength": 12.101857, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 36.200312, "energy": 20.069421, "activity_lines": [ 6.884, 6.979091, 6.895762, 6.611677 ] }, { "date": "2024-01-05", "close": 6.39, "volume": 2835243, "typical_volume": 4552416.2, "trend": 6.223, "fair_value": 4.02, "relative_strength": 9.298223, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 5.54251, "energy": 11.150819, "activity_lines": [ 6.696, 6.864, 6.866714, 6.627118 ] }, { "date": "2024-01-12", "close": 6.3, "volume": 5196651, "typical_volume": 4496975.15, "trend": 6.281667, "fair_value": 4.042115, "relative_strength": 5.64705, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -5.000251, "energy": 18.639267, "activity_lines": [ 6.532, 6.743636, 6.825238, 6.632086 ] }, { "date": "2024-01-19", "close": 6.09, "volume": 3446592, "typical_volume": 4513258.1, "trend": 6.325333, "fair_value": 4.064167, "relative_strength": 0.835882, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -13.178272, "energy": 28.649936, "activity_lines": [ 6.338667, 6.601091, 6.761952, 6.61972 ] }, { "date": "2024-01-26", "close": 6.58, "volume": 3302228, "typical_volume": 4508641.0, "trend": 6.370333, "fair_value": 4.091026, "relative_strength": 7.359611, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": -0.328531, "energy": 21.468003, "activity_lines": [ 6.372, 6.563273, 6.745524, 6.636151 ] }, { "date": "2024-02-02", "close": 6.0, "volume": 3621718, "typical_volume": 4456705.75, "trend": 6.394, "fair_value": 4.111346, "relative_strength": -3.688123, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -33.290921, "energy": 48.234444, "activity_lines": [ 6.238667, 6.429818, 6.67181, 6.612258 ] }, { "date": "2024-02-09", "close": 6.13, "volume": 2627677, "typical_volume": 4352900.45, "trend": 6.423, "fair_value": 4.132308, "relative_strength": -3.051241, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -26.493073, "energy": 40.564933, "activity_lines": [ 6.191333, 6.342, 6.610571, 6.595226 ] }, { "date": "2024-02-16", "close": 6.38, "volume": 3191795, "typical_volume": 4087544.25, "trend": 6.458, "fair_value": 4.150641, "relative_strength": 0.916757, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -28.197314, "energy": 25.433069, "activity_lines": [ 6.244667, 6.319091, 6.575238, 6.592452 ] }, { "date": "2024-02-23", "close": 6.24, "volume": 3585430, "typical_volume": 3876913.25, "trend": 6.482667, "fair_value": 4.168462, "relative_strength": -3.128593, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -28.169501, "energy": 25.434223, "activity_lines": [ 6.246, 6.280364, 6.529095, 6.578387 ] }, { "date": "2024-03-01", "close": 6.67, "volume": 3958094, "typical_volume": 3919547.85, "trend": 6.529667, "fair_value": 4.185705, "relative_strength": 2.393991, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -6.321556, "energy": 8.414269, "activity_lines": [ 6.380667, 6.334364, 6.525667, 6.590473 ] }, { "date": "2024-03-08", "close": 6.88, "volume": 2542997, "typical_volume": 3882126.65, "trend": 6.585333, "fair_value": 4.206667, "relative_strength": 5.606918, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 11.766481, "energy": 14.048493, "activity_lines": [ 6.579333, 6.432182, 6.543905, 6.613075 ] }, { "date": "2024-03-15", "close": 7.12, "volume": 3550551, "typical_volume": 3865540.55, "trend": 6.636667, "fair_value": 4.23141, "relative_strength": 8.665091, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 24.433932, "energy": 25.098445, "activity_lines": [ 6.799333, 6.569273, 6.584429, 6.64757 ] }, { "date": "2024-03-22", "close": 7.36, "volume": 3065033, "typical_volume": 3790560.45, "trend": 6.684667, "fair_value": 4.257692, "relative_strength": 9.143486, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 43.319503, "energy": 44.915466, "activity_lines": [ 7.033333, 6.736727, 6.647238, 6.694237 ] }, { "date": "2024-03-29", "close": 7.22, "volume": 2802107, "typical_volume": 3746649.25, "trend": 6.721, "fair_value": 4.2825, "relative_strength": 6.01508, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 35.856717, "energy": 54.780576, "activity_lines": [ 7.155333, 6.859455, 6.695857, 6.728774 ] }, { "date": "2024-04-05", "close": 7.69, "volume": 2481314, "typical_volume": 3653556.75, "trend": 6.772333, "fair_value": 4.311603, "relative_strength": 13.10578, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 70.225475, "energy": 73.768606, "activity_lines": [ 7.368667, 7.047091, 6.787952, 6.79129 ] }, { "date": "2024-04-12", "close": 7.42, "volume": 2424764, "typical_volume": 3678075.85, "trend": 6.819, "fair_value": 4.338782, "relative_strength": 9.978432, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.29092, "energy": 69.591282, "activity_lines": [ 7.424, 7.165455, 6.851619, 6.833075 ] }, { "date": "2024-04-19", "close": 7.39, "volume": 2639822, "typical_volume": 3554859.35, "trend": 6.846333, "fair_value": 4.367564, "relative_strength": 12.162959, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 61.194187, "energy": 61.957877, "activity_lines": [ 7.433333, 7.252545, 6.911429, 6.869914 ] }, { "date": "2024-04-26", "close": 7.27, "volume": 1994876, "typical_volume": 3308445.9, "trend": 6.858333, "fair_value": 4.395962, "relative_strength": 6.79591, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 58.638619, "energy": 48.648727, "activity_lines": [ 7.384667, 7.294909, 6.958905, 6.897247 ] }, { "date": "2024-05-03", "close": 7.1, "volume": 2628397, "typical_volume": 3150481.7, "trend": 6.874667, "fair_value": 4.420256, "relative_strength": 3.051967, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 43.199065, "energy": 29.294081, "activity_lines": [ 7.285333, 7.290182, 6.988476, 6.912839 ] }, { "date": "2024-05-10", "close": 7.57, "volume": 3615392, "typical_volume": 3117828.15, "trend": 6.893, "fair_value": 4.447692, "relative_strength": 7.073276, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 52.686191, "energy": 32.033715, "activity_lines": [ 7.350667, 7.355273, 7.062524, 6.957699 ] }, { "date": "2024-05-17", "close": 7.63, "volume": 2096188, "typical_volume": 3080343.45, "trend": 6.922, "fair_value": 4.475769, "relative_strength": 5.4262, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 61.036295, "energy": 36.66491, "activity_lines": [ 7.444, 7.414909, 7.139476, 7.005247 ] }, { "date": "2024-05-24", "close": 7.71, "volume": 2786748, "typical_volume": 3077918.7, "trend": 6.945667, "fair_value": 4.503782, "relative_strength": 5.739927, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.794189, "energy": 42.406024, "activity_lines": [ 7.55, 7.475455, 7.219333, 7.056086 ] }, { "date": "2024-05-31", "close": 8.48, "volume": 4113394, "typical_volume": 3023755.85, "trend": 6.989, "fair_value": 4.533333, "relative_strength": 15.740482, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 84.529977, "energy": 79.059991, "activity_lines": [ 7.891333, 7.665273, 7.366238, 7.155075 ] }, { "date": "2024-06-07", "close": 8.15, "volume": 5899290, "typical_volume": 3146390.75, "trend": 7.029, "fair_value": 4.56141, "relative_strength": 9.052846, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 69.584228, "energy": 76.737347, "activity_lines": [ 8.042, 7.774727, 7.471333, 7.229978 ] }, { "date": "2024-06-14", "close": 7.76, "volume": 3629851, "typical_volume": 3162771.9, "trend": 7.050333, "fair_value": 4.58891, "relative_strength": 1.61845, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 62.814519, "energy": 66.833549, "activity_lines": [ 7.992667, 7.796364, 7.529476, 7.27714 ] }, { "date": "2024-06-21", "close": 7.9, "volume": 2418162, "typical_volume": 3102594.1, "trend": 7.073333, "fair_value": 4.615833, "relative_strength": 2.328238, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 60.483681, "energy": 56.149857, "activity_lines": [ 7.977333, 7.842182, 7.595333, 7.331957 ] }, { "date": "2024-06-28", "close": 8.31, "volume": 4816567, "typical_volume": 3212038.6, "trend": 7.110333, "fair_value": 4.64641, "relative_strength": 7.215653, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 68.778304, "energy": 48.163499, "activity_lines": [ 8.080667, 7.953818, 7.69119, 7.411742 ] }, { "date": "2024-07-05", "close": 7.6, "volume": 1584255, "typical_volume": 3131661.6, "trend": 7.133333, "fair_value": 4.673718, "relative_strength": -3.977587, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 42.984047, "energy": 28.541236, "activity_lines": [ 7.907333, 7.919636, 7.709048, 7.443333 ] }, { "date": "2024-07-12", "close": 7.63, "volume": 2380564, "typical_volume": 3071418.3, "trend": 7.153, "fair_value": 4.704038, "relative_strength": -4.74457, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 38.676176, "energy": 23.870406, "activity_lines": [ 7.802667, 7.884909, 7.723952, 7.475376 ] }, { "date": "2024-07-19", "close": 8.0, "volume": 2892866, "typical_volume": 3018156.9, "trend": 7.187, "fair_value": 4.736154, "relative_strength": 1.518331, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 42.142168, "energy": 24.566881, "activity_lines": [ 7.856, 7.907818, 7.767476, 7.530022 ] }, { "date": "2024-07-26", "close": 8.27, "volume": 2495751, "typical_volume": 3015794.6, "trend": 7.241333, "fair_value": 4.768462, "relative_strength": 5.400325, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 59.827928, "energy": 29.751896, "activity_lines": [ 7.983333, 7.972, 7.830381, 7.599892 ] }, { "date": "2024-08-02", "close": 7.31, "volume": 3761914, "typical_volume": 3026362.75, "trend": 7.272, "fair_value": 4.799167, "relative_strength": -5.042756, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 21.918899, "energy": 11.660906, "activity_lines": [ 7.766, 7.85, 7.795238, 7.604323 ] }, { "date": "2024-08-09", "close": 7.45, "volume": 4633826, "typical_volume": 3104802.4, "trend": 7.310333, "fair_value": 4.832051, "relative_strength": -3.513123, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 12.168846, "energy": 7.159722, "activity_lines": [ 7.662, 7.760727, 7.772524, 7.615806 ] }, { "date": "2024-08-16", "close": 7.96, "volume": 2898207, "typical_volume": 3109607.4, "trend": 7.372667, "fair_value": 4.869423, "relative_strength": -1.056607, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 25.425808, "energy": 11.647383, "activity_lines": [ 7.738, 7.782909, 7.797952, 7.65772 ] }, { "date": "2024-08-23", "close": 8.15, "volume": 2524459, "typical_volume": 3111764.65, "trend": 7.425, "fair_value": 4.905641, "relative_strength": -0.21706, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 50.014397, "energy": 20.986199, "activity_lines": [ 7.855333, 7.843091, 7.837952, 7.707871 ] }, { "date": "2024-08-30", "close": 8.23, "volume": 2161961, "typical_volume": 3098624.5, "trend": 7.499333, "fair_value": 4.940897, "relative_strength": 0.375979, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 53.901886, "energy": 28.084028, "activity_lines": [ 7.989333, 7.910727, 7.883381, 7.759806 ] }, { "date": "2024-09-06", "close": 7.2, "volume": 2165841, "typical_volume": 3074925.45, "trend": 7.535, "fair_value": 4.970513, "relative_strength": -8.314865, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 2.786942, "energy": 5.658099, "activity_lines": [ 7.782667, 7.785091, 7.826857, 7.740495 ] }, { "date": "2024-09-13", "close": 7.12, "volume": 2818265, "typical_volume": 3116094.9, "trend": 7.559667, "fair_value": 4.997949, "relative_strength": -12.704877, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -19.919927, "energy": 17.818356, "activity_lines": [ 7.556667, 7.665091, 7.763619, 7.71372 ] }, { "date": "2024-09-20", "close": 7.47, "volume": 6942489, "typical_volume": 3331799.5, "trend": 7.600667, "fair_value": 5.025962, "relative_strength": -9.418514, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -7.251526, "energy": 21.883359, "activity_lines": [ 7.469333, 7.617455, 7.734429, 7.707935 ] }, { "date": "2024-09-27", "close": 6.92, "volume": 4043428, "typical_volume": 3353201.3, "trend": 7.609, "fair_value": 5.047564, "relative_strength": -16.085325, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -34.855755, "energy": 42.482236, "activity_lines": [ 7.231333, 7.472727, 7.651095, 7.664022 ] }, { "date": "2024-10-04", "close": 7.12, "volume": 2851827, "typical_volume": 3390983.25, "trend": 7.617, "fair_value": 5.069679, "relative_strength": -13.52214, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -28.706707, "energy": 47.726944, "activity_lines": [ 7.142, 7.384, 7.589905, 7.632473 ] }, { "date": "2024-10-11", "close": 7.21, "volume": 2811193, "typical_volume": 3392205.5, "trend": 7.62, "fair_value": 5.093141, "relative_strength": -12.954506, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -54.628196, "energy": 49.260844, "activity_lines": [ 7.156667, 7.332545, 7.539714, 7.606215 ] }, { "date": "2024-10-18", "close": 7.07, "volume": 3752841, "typical_volume": 3374177.85, "trend": 7.610333, "fair_value": 5.115385, "relative_strength": -14.898295, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -57.234919, "energy": 48.968358, "activity_lines": [ 7.124, 7.257455, 7.478571, 7.570731 ] }, { "date": "2024-10-25", "close": 6.78, "volume": 2311121, "typical_volume": 3194769.4, "trend": 7.595667, "fair_value": 5.137051, "relative_strength": -16.981395, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.805413, "energy": 48.1678, "activity_lines": [ 6.998, 7.136545, 7.396524, 7.517161 ] }, { "date": "2024-11-01", "close": 6.52, "volume": 1984754, "typical_volume": 3112514.55, "trend": 7.556667, "fair_value": 5.15641, "relative_strength": -18.454624, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -72.069326, "energy": 59.914933, "activity_lines": [ 6.831333, 6.989818, 7.296238, 7.447763 ] }, { "date": "2024-11-08", "close": 7.28, "volume": 3875428, "typical_volume": 3185377.85, "trend": 7.552, "fair_value": 5.181859, "relative_strength": -12.623723, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -56.758435, "energy": 46.671558, "activity_lines": [ 6.944667, 7.010909, 7.274238, 7.429914 ] }, { "date": "2024-11-15", "close": 6.99, "volume": 2959846, "typical_volume": 3092541.8, "trend": 7.538667, "fair_value": 5.209038, "relative_strength": -13.837812, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -54.308579, "energy": 40.879076, "activity_lines": [ 6.950667, 6.996545, 7.227571, 7.393656 ] }, { "date": "2024-11-22", "close": 7.92, "volume": 3955963, "typical_volume": 3211127.2, "trend": 7.560333, "fair_value": 5.240641, "relative_strength": -3.606, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -15.315565, "energy": 10.254569, "activity_lines": [ 7.281333, 7.155091, 7.275762, 7.418258 ] }, { "date": "2024-11-29", "close": 8.36, "volume": 2747331, "typical_volume": 3229465.55, "trend": 7.602333, "fair_value": 5.275962, "relative_strength": 0.84451, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 31.427681, "energy": 30.337718, "activity_lines": [ 7.702, 7.379091, 7.364333, 7.469849 ] }, { "date": "2024-12-06", "close": 7.71, "volume": 3845735, "typical_volume": 3277109.0, "trend": 7.607, "fair_value": 5.307244, "relative_strength": -7.473411, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 14.592137, "energy": 26.852706, "activity_lines": [ 7.800667, 7.468727, 7.387524, 7.476796 ] }, { "date": "2024-12-13", "close": 7.74, "volume": 3570872, "typical_volume": 3330865.05, "trend": 7.610667, "fair_value": 5.338526, "relative_strength": -6.2533, "stage": 3, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 17.538992, "energy": 29.452654, "activity_lines": [ 7.83, 7.549455, 7.414952, 7.485376 ] }, { "date": "2024-12-20", "close": 7.33, "volume": 4237592, "typical_volume": 3354648.95, "trend": 7.598, "fair_value": 5.366218, "relative_strength": -9.236952, "stage": 3, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 8.633179, "energy": 18.459518, "activity_lines": [ 7.692, 7.544364, 7.405857, 7.467269 ] }, { "date": "2024-12-27", "close": 7.35, "volume": 1272888, "typical_volume": 3186602.05, "trend": 7.560333, "fair_value": 5.394487, "relative_strength": -9.350521, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -25.456522, "energy": 11.229319, "activity_lines": [ 7.538, 7.540727, 7.398571, 7.451269 ] }, { "date": "2025-01-03", "close": 7.74, "volume": 1608937, "typical_volume": 3122138.55, "trend": 7.546667, "fair_value": 5.422692, "relative_strength": -3.944634, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -0.211609, "energy": 3.716992, "activity_lines": [ 7.552, 7.602909, 7.428905, 7.46286 ] }, { "date": "2025-01-10", "close": 7.24, "volume": 1667407, "typical_volume": 3079285.95, "trend": 7.529333, "fair_value": 5.445769, "relative_strength": -8.257535, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -18.63284, "energy": 13.618273, "activity_lines": [ 7.440667, 7.556727, 7.412667, 7.443075 ] }, { "date": "2025-01-17", "close": 7.69, "volume": 1922596, "typical_volume": 3067317.7, "trend": 7.522333, "fair_value": 5.473141, "relative_strength": -5.353237, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -4.257768, "energy": 4.757766, "activity_lines": [ 7.510667, 7.579273, 7.443619, 7.453441 ] }, { "date": "2025-01-24", "close": 7.67, "volume": 1467469, "typical_volume": 3032399.1, "trend": 7.501, "fair_value": 5.499423, "relative_strength": -7.073714, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 7.07243, "energy": 6.267707, "activity_lines": [ 7.577333, 7.590727, 7.475238, 7.462968 ] }, { "date": "2025-01-31", "close": 6.92, "volume": 2101780, "typical_volume": 2996574.85, "trend": 7.478333, "fair_value": 5.520449, "relative_strength": -15.208223, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -34.982321, "energy": 17.285423, "activity_lines": [ 7.371333, 7.453455, 7.43319, 7.425484 ] }, { "date": "2025-02-07", "close": 6.55, "volume": 4910728, "typical_volume": 2894986.8, "trend": 7.442333, "fair_value": 5.538205, "relative_strength": -19.431979, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -62.837951, "energy": 44.313411, "activity_lines": [ 7.070667, 7.267091, 7.356857, 7.365591 ] }, { "date": "2025-02-14", "close": 6.97, "volume": 2114054, "typical_volume": 2798518.1, "trend": 7.408, "fair_value": 5.560256, "relative_strength": -15.340505, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -51.546704, "energy": 47.171069, "activity_lines": [ 6.989333, 7.19, 7.324905, 7.335118 ] }, { "date": "2025-02-21", "close": 6.57, "volume": 1988787, "typical_volume": 2755366.1, "trend": 7.351333, "fair_value": 5.579038, "relative_strength": -18.727926, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.8983, "energy": 63.435726, "activity_lines": [ 6.792667, 7.053636, 7.254619, 7.281054 ] }, { "date": "2025-02-28", "close": 6.1, "volume": 4590366, "typical_volume": 2844324.75, "trend": 7.311, "fair_value": 5.593782, "relative_strength": -23.493091, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -74.760963, "energy": 72.953904, "activity_lines": [ 6.514, 6.853091, 7.14219, 7.200323 ] }, { "date": "2025-03-07", "close": 5.75, "volume": 6932552, "typical_volume": 3003310.3, "trend": 7.254333, "fair_value": 5.600513, "relative_strength": -25.206869, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -81.009862, "energy": 78.48779, "activity_lines": [ 6.223333, 6.611273, 7.001714, 7.099613 ] }, { "date": "2025-03-14", "close": 6.14, "volume": 5848792, "typical_volume": 3180193.85, "trend": 7.193667, "fair_value": 5.614295, "relative_strength": -17.896149, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.592062, "energy": 73.559588, "activity_lines": [ 6.140667, 6.469455, 6.904667, 7.02772 ] }, { "date": "2025-03-21", "close": 5.8, "volume": 3585696, "typical_volume": 3260240.95, "trend": 7.115333, "fair_value": 5.62609, "relative_strength": -22.385712, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -72.878915, "energy": 77.751199, "activity_lines": [ 5.972, 6.294909, 6.778286, 6.937806 ] }, { "date": "2025-03-28", "close": 5.87, "volume": 2273834, "typical_volume": 3180161.25, "trend": 7.036667, "fair_value": 5.639744, "relative_strength": -19.875781, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.128269, "energy": 70.5952, "activity_lines": [ 5.904667, 6.159273, 6.662, 6.857462 ] }, { "date": "2025-04-04", "close": 5.05, "volume": 3670137, "typical_volume": 3215675.8, "trend": 6.965, "fair_value": 5.648462, "relative_strength": -23.635719, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -82.999425, "energy": 71.904889, "activity_lines": [ 5.610667, 5.907636, 6.474333, 6.72929 ] }, { "date": "2025-04-11", "close": 5.31, "volume": 4212551, "typical_volume": 3228505.2, "trend": 6.904667, "fair_value": 5.656795, "relative_strength": -23.478411, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -71.700838, "energy": 69.474494, "activity_lines": [ 5.473333, 5.750909, 6.320667, 6.622516 ] }, { "date": "2025-04-18", "close": 5.76, "volume": 2999201, "typical_volume": 3241098.7, "trend": 6.847667, "fair_value": 5.670705, "relative_strength": -15.283197, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.412347, "energy": 52.359458, "activity_lines": [ 5.515333, 5.705273, 6.222286, 6.548667 ] }, { "date": "2025-04-25", "close": 5.8, "volume": 3676832, "typical_volume": 3232653.55, "trend": 6.810333, "fair_value": 5.685513, "relative_strength": -17.965885, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -60.613088, "energy": 47.855871, "activity_lines": [ 5.596, 5.681273, 6.140095, 6.481075 ] }, { "date": "2025-05-02", "close": 7.59, "volume": 5009298, "typical_volume": 3304574.85, "trend": 6.826, "fair_value": 5.710449, "relative_strength": 4.403098, "stage": 3, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -9.903826, "energy": 12.23919, "activity_lines": [ 6.273333, 6.004, 6.237476, 6.531376 ] }, { "date": "2025-05-09", "close": 8.39, "volume": 5885686, "typical_volume": 3386979.55, "trend": 6.865333, "fair_value": 5.740321, "relative_strength": 15.876517, "stage": 3, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "mixed", "direction": 38.946451, "energy": 38.410219, "activity_lines": [ 7.102667, 6.453636, 6.411762, 6.63228 ] }, { "date": "2025-05-16", "close": 8.18, "volume": 3665754, "typical_volume": 3506622.85, "trend": 6.902333, "fair_value": 5.766282, "relative_strength": 7.432108, "stage": 3, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 37.753131, "energy": 46.527571, "activity_lines": [ 7.639333, 6.823455, 6.561, 6.717097 ] }, { "date": "2025-05-23", "close": 8.14, "volume": 5068163, "typical_volume": 3679584.15, "trend": 6.947667, "fair_value": 5.789936, "relative_strength": 9.806392, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 33.415376, "energy": 59.275746, "activity_lines": [ 7.971333, 7.141818, 6.702476, 6.796946 ] }, { "date": "2025-05-30", "close": 8.09, "volume": 3604208, "typical_volume": 3776424.2, "trend": 7.0, "fair_value": 5.813013, "relative_strength": 7.642088, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 29.089288, "energy": 67.090378, "activity_lines": [ 8.128, 7.414727, 6.837286, 6.870645 ] }, { "date": "2025-06-06", "close": 8.42, "volume": 2910823, "typical_volume": 3825835.55, "trend": 7.038, "fair_value": 5.839615, "relative_strength": 10.44332, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 44.583089, "energy": 70.767577, "activity_lines": [ 8.242, 7.706, 6.999476, 6.962258 ] }, { "date": "2025-06-13", "close": 8.39, "volume": 5892849, "typical_volume": 4047104.55, "trend": 7.084667, "fair_value": 5.870833, "relative_strength": 10.515224, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 41.404822, "energy": 60.791904, "activity_lines": [ 8.290667, 7.945455, 7.155333, 7.049484 ] }, { "date": "2025-06-20", "close": 8.55, "volume": 2949088, "typical_volume": 4089469.95, "trend": 7.105667, "fair_value": 5.90609, "relative_strength": 12.855281, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 69.792438, "energy": 62.316845, "activity_lines": [ 8.392667, 8.153273, 7.323, 7.144022 ] }, { "date": "2025-06-27", "close": 8.8, "volume": 6560422, "typical_volume": 4171954.65, "trend": 7.120333, "fair_value": 5.942308, "relative_strength": 12.452961, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 72.638773, "energy": 62.795372, "activity_lines": [ 8.553333, 8.347636, 7.506714, 7.253333 ] }, { "date": "2025-07-04", "close": 8.82, "volume": 2597344, "typical_volume": 4196119.15, "trend": 7.157333, "fair_value": 5.97859, "relative_strength": 10.789921, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 70.47715, "energy": 71.286114, "activity_lines": [ 8.676667, 8.490364, 7.681619, 7.362989 ] }, { "date": "2025-07-11", "close": 8.54, "volume": 3111638, "typical_volume": 4252261.7, "trend": 7.184, "fair_value": 6.013526, "relative_strength": 7.584947, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.829754, "energy": 66.031287, "activity_lines": [ 8.658, 8.527273, 7.821048, 7.452194 ] }, { "date": "2025-07-18", "close": 8.43, "volume": 4669423, "typical_volume": 4256214.55, "trend": 7.220667, "fair_value": 6.047115, "relative_strength": 5.740068, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 62.074203, "energy": 53.853673, "activity_lines": [ 8.594667, 8.526909, 7.940619, 7.532581 ] }, { "date": "2025-07-25", "close": 9.03, "volume": 4555301, "typical_volume": 4137352.0, "trend": 7.276667, "fair_value": 6.082436, "relative_strength": 11.777457, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 71.703346, "energy": 54.008704, "activity_lines": [ 8.728667, 8.634909, 8.106238, 7.649312 ] }, { "date": "2025-08-01", "close": 8.71, "volume": 4302590, "typical_volume": 4060041.9, "trend": 7.309, "fair_value": 6.121923, "relative_strength": 10.463105, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 60.02182, "energy": 51.564804, "activity_lines": [ 8.724, 8.669273, 8.225762, 7.741785 ] }, { "date": "2025-08-08", "close": 9.29, "volume": 5400791, "typical_volume": 4150796.65, "trend": 7.377333, "fair_value": 6.163269, "relative_strength": 14.88556, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 77.691071, "energy": 71.409764, "activity_lines": [ 8.918667, 8.798727, 8.388286, 7.869591 ] }, { "date": "2025-08-15", "close": 9.86, "volume": 5869518, "typical_volume": 4330580.85, "trend": 7.449667, "fair_value": 6.207821, "relative_strength": 20.604702, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 84.959119, "energy": 88.607162, "activity_lines": [ 9.272, 9.01, 8.588476, 8.029763 ] }, { "date": "2025-08-22", "close": 10.39, "volume": 3701045, "typical_volume": 4332126.25, "trend": 7.540333, "fair_value": 6.254936, "relative_strength": 26.447042, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 88.707375, "energy": 93.650192, "activity_lines": [ 9.714, 9.291455, 8.820143, 8.219462 ] }, { "date": "2025-08-29", "close": 10.4, "volume": 2783689, "typical_volume": 4260683.15, "trend": 7.656333, "fair_value": 6.302949, "relative_strength": 26.363854, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 82.937342, "energy": 92.79211, "activity_lines": [ 10.028667, 9.538364, 9.027333, 8.403957 ] }, { "date": "2025-09-05", "close": 10.5, "volume": 4423308, "typical_volume": 4331888.5, "trend": 7.788, "fair_value": 6.35109, "relative_strength": 26.625662, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 77.262745, "energy": 90.83202, "activity_lines": [ 10.285333, 9.769818, 9.21981, 8.587419 ] }, { "date": "2025-09-12", "close": 10.53, "volume": 2607600, "typical_volume": 4278426.9, "trend": 7.906667, "fair_value": 6.399872, "relative_strength": 24.426958, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 73.753401, "energy": 88.515791, "activity_lines": [ 10.432667, 9.975818, 9.392571, 8.764323 ] }, { "date": "2025-09-19", "close": 10.92, "volume": 3291494, "typical_volume": 4192536.7, "trend": 8.051667, "fair_value": 6.453782, "relative_strength": 26.865756, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 81.418511, "energy": 84.786003, "activity_lines": [ 10.627333, 10.221636, 9.579952, 8.958731 ] }, { "date": "2025-09-26", "close": 11.31, "volume": 2632537, "typical_volume": 4029879.25, "trend": 8.225333, "fair_value": 6.510128, "relative_strength": 30.832223, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 85.459918, "energy": 75.713052, "activity_lines": [ 10.881333, 10.495091, 9.788619, 9.168946 ] }, { "date": "2025-10-03", "close": 11.16, "volume": 2905848, "typical_volume": 3991883.95, "trend": 8.405667, "fair_value": 6.562372, "relative_strength": 26.905467, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 74.593253, "energy": 69.332249, "activity_lines": [ 11.024, 10.688909, 9.969095, 9.35828 ] }, { "date": "2025-10-10", "close": 10.74, "volume": 4250632, "typical_volume": 3951007.4, "trend": 8.559, "fair_value": 6.612115, "relative_strength": 24.455048, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.129788, "energy": 65.814761, "activity_lines": [ 10.976, 10.767636, 10.095381, 9.508882 ] }, { "date": "2025-10-17", "close": 11.68, "volume": 3405130, "typical_volume": 3941053.5, "trend": 8.755, "fair_value": 6.665513, "relative_strength": 32.005755, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 82.50276, "energy": 70.729589, "activity_lines": [ 11.225333, 10.980364, 10.29881, 9.710237 ] }, { "date": "2025-10-24", "close": 12.95, "volume": 3657366, "typical_volume": 3978380.65, "trend": 8.991, "fair_value": 6.725897, "relative_strength": 42.088208, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 93.617225, "energy": 75.58598, "activity_lines": [ 11.821333, 11.380545, 10.606095, 9.980882 ] }, { "date": "2025-10-31", "close": 12.3, "volume": 6461910, "typical_volume": 4006833.7, "trend": 9.232667, "fair_value": 6.781026, "relative_strength": 32.775594, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 74.311011, "energy": 68.348024, "activity_lines": [ 12.065333, 11.606364, 10.829905, 10.194366 ] }, { "date": "2025-11-07", "close": 12.42, "volume": 5954658, "typical_volume": 4157112.2, "trend": 9.469667, "fair_value": 6.834808, "relative_strength": 35.102244, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 71.494374, "energy": 68.064286, "activity_lines": [ 12.283333, 11.819273, 11.046524, 10.4 ] }, { "date": "2025-11-14", "close": 11.95, "volume": 3579015, "typical_volume": 4008041.85, "trend": 9.676, "fair_value": 6.886346, "relative_strength": 28.772512, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.919105, "energy": 61.537966, "activity_lines": [ 12.260667, 11.91, 11.199952, 10.560022 ] }, { "date": "2025-11-21", "close": 11.52, "volume": 4107353, "typical_volume": 4083542.3, "trend": 9.866667, "fair_value": 6.934423, "relative_strength": 25.864297, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.229598, "energy": 50.314172, "activity_lines": [ 12.014, 11.896182, 11.297429, 10.678989 ] }, { "date": "2025-11-28", "close": 12.31, "volume": 2303457, "typical_volume": 4043133.25, "trend": 10.024, "fair_value": 6.987115, "relative_strength": 28.992172, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.02138, "energy": 47.008143, "activity_lines": [ 12.041333, 12.008, 11.457286, 10.836624 ] }, { "date": "2025-12-05", "close": 12.8, "volume": 4523555, "typical_volume": 4035839.85, "trend": 10.171, "fair_value": 7.044679, "relative_strength": 32.612331, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 71.337161, "energy": 48.330581, "activity_lines": [ 12.274667, 12.183636, 11.645857, 11.01572 ] }, { "date": "2025-12-12", "close": 12.91, "volume": 3146107, "typical_volume": 3965380.15, "trend": 10.328667, "fair_value": 7.103013, "relative_strength": 33.434507, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 69.416127, "energy": 50.045323, "activity_lines": [ 12.511333, 12.352182, 11.824095, 11.19243 ] }, { "date": "2025-12-19", "close": 12.24, "volume": 3857185, "typical_volume": 3943109.9, "trend": 10.465333, "fair_value": 7.15641, "relative_strength": 25.43504, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 58.135665, "energy": 45.680517, "activity_lines": [ 12.492, 12.367091, 11.920048, 11.315742 ] }, { "date": "2025-12-26", "close": 12.12, "volume": 1406552, "typical_volume": 3743397.95, "trend": 10.599667, "fair_value": 7.2075, "relative_strength": 21.630908, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 56.026465, "energy": 41.278831, "activity_lines": [ 12.413333, 12.332909, 11.987762, 11.422495 ] }, { "date": "2026-01-02", "close": 12.1, "volume": 1632733, "typical_volume": 3531558.7, "trend": 10.722333, "fair_value": 7.255769, "relative_strength": 21.970832, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 52.066032, "energy": 33.072521, "activity_lines": [ 12.288, 12.287091, 12.040095, 11.51929 ] }, { "date": "2026-01-09", "close": 12.42, "volume": 2415043, "typical_volume": 3467258.6, "trend": 10.856667, "fair_value": 7.304167, "relative_strength": 22.375275, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 42.597999, "energy": 24.745473, "activity_lines": [ 12.283333, 12.314909, 12.112238, 11.628817 ] }, { "date": "2026-01-16", "close": 13.93, "volume": 3529147, "typical_volume": 3504531.5, "trend": 11.036, "fair_value": 7.363077, "relative_strength": 36.453817, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 75.740394, "energy": 45.346275, "activity_lines": [ 12.807333, 12.615091, 12.318524, 11.827097 ] }, { "date": "2026-01-23", "close": 13.72, "volume": 3618912, "typical_volume": 3464311.7, "trend": 11.2, "fair_value": 7.423846, "relative_strength": 33.626946, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 69.710019, "energy": 56.405306, "activity_lines": [ 13.193333, 12.849636, 12.488, 12.000258 ] }, { "date": "2026-01-30", "close": 13.81, "volume": 2953090, "typical_volume": 3481586.2, "trend": 11.366333, "fair_value": 7.484487, "relative_strength": 32.546541, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 70.108216, "energy": 74.397782, "activity_lines": [ 13.510667, 13.068364, 12.650714, 12.168645 ] }, { "date": "2026-02-06", "close": 14.11, "volume": 3704795, "typical_volume": 3502251.25, "trend": 11.552, "fair_value": 7.545256, "relative_strength": 34.080796, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 72.686976, "energy": 79.843836, "activity_lines": [ 13.815333, 13.3, 12.826381, 12.345656 ] }, { "date": "2026-02-13", "close": 14.44, "volume": 3401434, "typical_volume": 3540696.1, "trend": 11.752333, "fair_value": 7.610449, "relative_strength": 37.335388, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 75.816861, "energy": 81.584427, "activity_lines": [ 14.096, 13.558909, 13.018286, 12.531978 ] }, { "date": "2026-02-20", "close": 14.58, "volume": 2373247, "typical_volume": 3514066.05, "trend": 11.937333, "fair_value": 7.676731, "relative_strength": 35.422015, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 74.654496, "energy": 79.865544, "activity_lines": [ 14.288667, 13.813455, 13.208619, 12.714409 ] }, { "date": "2026-02-27", "close": 14.43, "volume": 5799528, "typical_volume": 3591510.85, "trend": 12.128, "fair_value": 7.738397, "relative_strength": 32.957347, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.328822, "energy": 57.675306, "activity_lines": [ 14.388, 14.010364, 13.368381, 12.875226 ] }, { "date": "2026-03-06", "close": 13.56, "volume": 5168483, "typical_volume": 3679678.5, "trend": 12.270333, "fair_value": 7.796282, "relative_strength": 25.929379, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 60.772517, "energy": 45.706568, "activity_lines": [ 14.15, 14.009273, 13.427714, 12.967613 ] }, { "date": "2026-03-13", "close": 13.36, "volume": 3291608, "typical_volume": 3661390.6, "trend": 12.387, "fair_value": 7.857885, "relative_strength": 24.595478, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 45.049447, "energy": 30.582889, "activity_lines": [ 13.862, 13.945636, 13.459048, 13.037914 ] }, { "date": "2026-03-20", "close": 13.56, "volume": 3623296, "typical_volume": 3519459.9, "trend": 12.492667, "fair_value": 7.920705, "relative_strength": 27.196232, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 38.885461, "energy": 21.243634, "activity_lines": [ 13.690667, 13.895455, 13.507476, 13.113591 ] }, { "date": "2026-03-27", "close": 14.61, "volume": 3448481, "typical_volume": 3394151.05, "trend": 12.633, "fair_value": 7.989679, "relative_strength": 38.177615, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 50.786432, "energy": 24.932342, "activity_lines": [ 13.928, 14.015455, 13.649905, 13.250194 ] }, { "date": "2026-04-03", "close": 14.42, "volume": 2430359, "typical_volume": 3336718.25, "trend": 12.763667, "fair_value": 8.056474, "relative_strength": 30.077846, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 56.036699, "energy": 29.883999, "activity_lines": [ 14.1, 14.088545, 13.76381, 13.365484 ] }, { "date": "2026-04-10", "close": 15.03, "volume": 4085522, "typical_volume": 3335626.7, "trend": 12.913667, "fair_value": 8.1275, "relative_strength": 29.093816, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 64.081758, "energy": 40.210666, "activity_lines": [ 14.476, 14.259818, 13.924048, 13.511699 ] }, { "date": "2026-04-17", "close": 14.7, "volume": 3069200, "typical_volume": 3373913.85, "trend": 13.039667, "fair_value": 8.196282, "relative_strength": 19.512663, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 57.909012, "energy": 47.780918, "activity_lines": [ 14.644, 14.348909, 14.036143, 13.626946 ] }, { "date": "2026-04-24", "close": 15.1, "volume": 3074959, "typical_volume": 3301484.05, "trend": 13.166, "fair_value": 8.267436, "relative_strength": 20.704609, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.972153, "energy": 56.422755, "activity_lines": [ 14.856, 14.5, 14.174952, 13.759871 ] }, { "date": "2026-05-01", "close": 15.57, "volume": 6243547, "typical_volume": 3456356.05, "trend": 13.313, "fair_value": 8.342115, "relative_strength": 22.221621, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 68.496318, "energy": 58.789668, "activity_lines": [ 15.122, 14.724545, 14.347571, 13.914968 ] }, { "date": "2026-05-08", "close": 14.95, "volume": 4376820, "typical_volume": 3482337.8, "trend": 13.453333, "fair_value": 8.413526, "relative_strength": 14.00612, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 56.985669, "energy": 40.995557, "activity_lines": [ 15.117333, 14.818364, 14.448476, 14.020581 ] }, { "date": "2026-05-15", "close": 15.29, "volume": 3264486, "typical_volume": 3575234.5, "trend": 13.573667, "fair_value": 8.486538, "relative_strength": 15.509611, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 58.865158, "energy": 39.613589, "activity_lines": [ 15.190667, 14.964545, 14.568857, 14.139075 ] }, { "date": "2026-05-22", "close": 15.52, "volume": 4081074, "typical_volume": 3697651.55, "trend": 13.659333, "fair_value": 8.561538, "relative_strength": 15.412177, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 60.391799, "energy": 39.505608, "activity_lines": [ 15.323333, 15.121091, 14.696048, 14.264645 ] }, { "date": "2026-05-29", "close": 14.52, "volume": 3187297, "typical_volume": 3736264.25, "trend": 13.733333, "fair_value": 8.628141, "relative_strength": 5.829289, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 51.482394, "energy": 29.509447, "activity_lines": [ 15.068, 15.056545, 14.711714, 14.320172 ] }, { "date": "2026-06-05", "close": 14.28, "volume": 4925337, "typical_volume": 3806073.75, "trend": 13.795333, "fair_value": 8.692628, "relative_strength": 6.171976, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 33.929832, "energy": 18.305929, "activity_lines": [ 14.771333, 14.930909, 14.694524, 14.355441 ] }, { "date": "2026-06-12", "close": 14.98, "volume": 4390903, "typical_volume": 3844673.3, "trend": 13.896333, "fair_value": 8.759551, "relative_strength": 10.051748, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 34.723851, "energy": 16.150177, "activity_lines": [ 14.794, 14.938545, 14.742333, 14.431871 ] }, { "date": "2026-06-19", "close": 15.9, "volume": 5190539, "typical_volume": 3956545.75, "trend": 14.042333, "fair_value": 8.830833, "relative_strength": 14.924574, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 60.305934, "energy": 26.647606, "activity_lines": [ 15.121333, 15.103273, 14.871762, 14.56114 ] }, { "date": "2026-06-26", "close": 15.61, "volume": 9811020, "typical_volume": 4261857.0, "trend": 14.152333, "fair_value": 8.897372, "relative_strength": 14.748638, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 54.481004, "energy": 29.451794, "activity_lines": [ 15.311333, 15.199455, 14.963619, 14.66228 ] }, { "date": "2026-07-03", "close": 14.31, "volume": 4863708, "typical_volume": 4334970.7, "trend": 14.202667, "fair_value": 8.955192, "relative_strength": 2.439278, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 36.786912, "energy": 20.613125, "activity_lines": [ 15.062, 15.042727, 14.924524, 14.672452 ] }, { "date": "2026-07-10", "close": 14.35, "volume": 4729604, "typical_volume": 4452788.55, "trend": 14.250667, "fair_value": 9.013462, "relative_strength": 0.808227, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 23.455454, "energy": 11.932689, "activity_lines": [ 14.84, 14.907636, 14.889857, 14.681957 ] }, { "date": "2026-07-17", "close": 14.34, "volume": 3317639, "typical_volume": 4328694.1, "trend": 14.320667, "fair_value": 9.071218, "relative_strength": 1.725677, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 10.355282, "energy": 9.185264, "activity_lines": [ 14.61, 14.792909, 14.855333, 14.68772 ] }, { "date": "2026-07-24", "close": 14.35, "volume": 3285229, "typical_volume": 4234531.4, "trend": 14.395, "fair_value": 9.127949, "relative_strength": 1.871505, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 7.391569, "energy": 13.393333, "activity_lines": [ 14.426, 14.691091, 14.82219, 14.689613 ] }, { "date": "2026-07-31", "close": 12.49, "volume": 6350452, "typical_volume": 4387473.6, "trend": 14.408, "fair_value": 9.174295, "relative_strength": -12.519651, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -37.23271, "energy": 44.435404, "activity_lines": [ 13.725333, 14.268182, 14.608143, 14.56671 ] }, { "date": "2026-08-07", "close": 13.48, "volume": 4276535, "typical_volume": 4420135.55, "trend": 14.443333, "fair_value": 9.227308, "relative_strength": -9.034685, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -32.804026, "energy": 47.186503, "activity_lines": [ 13.562667, 14.080364, 14.492524, 14.506839 ] } ], "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." } } }