{ "ticker": { "uuid": "9a8ef493-4057-4974-a289-665d7cd791c2", "symbol": "BATT", "name": "AMPLIFY ETF TRUST AMPLIFY LITHIUM & BATTERY TECHNOLOGY ETF", "exchange": "NYSEARCA", "country": "US", "assetType": "etf" }, "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.", "analysis": { "eligible": true, "as_of": "2026-08-07", "benchmark": "SPY", "stage": 3, "stage_name": "Distribution", "phase": "3a", "phase_label": "Stage 3A \u00b7 Churning", "transition": "stage_3_churning", "transition_label": "Stage 3 range intact", "confidence": 80.53, "architecture_regime": "rotation_down", "architecture_regime_label": "Rotation Down", "architecture_modifier": "Structural failure", "architecture_gate": "down", "architecture_direction": -57.579, "architecture_energy": 46.907, "architecture_maturity": 6.722, "architecture_confidence": 77.787, "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": 32.95, "rotation_up": 12.26, "upward_expansion": 7.41, "deceleration": 44.13, "rotation_down": 62.89, "downward_expansion": 80.74 }, "activity_lines": [ 14.625333, 14.840818, 15.499452, 15.55414 ], "activity_state": "Moderate", "activity_direction": "Expanding", "rotation_direction": "Weakening", "price_acceptance": -0.666667 }, "latest_close": 15.42, "trend_reference": 15.5605, "distance_from_trend": -0.009029, "trend_direction": "Improving", "fair_value": 10.769059, "distance_from_fair_value": 0.43188, "fair_value_direction": "Weakening", "relative_strength": -3.934791, "relative_strength_direction": "Weakening", "price_momentum": 0.01648, "excess_performance": -0.109145, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.009029, "read": "Below" }, { "label": "Trend direction", "positive": true, "value": 0.035316, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.43188, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.228956, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.039348, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.260526, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.01648, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 1.17444, "read": "Demand-led" } ], "volume": { "latest": 283007, "relative_activity": 0.760673, "balance": 1.17444, "dry_up": 0.705005, "accumulation_observations": 3, "distribution_observations": 2 }, "risk": { "range_context": 0.078512, "annualized_volatility": 0.357176, "from_high_reference": -0.147119, "from_low_reference": 0.498462 }, "levels": { "trend_reference": 15.5605, "fair_value_reference": 10.769059, "structural_low": 13.68, "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": 2, "median_return": -0.067751, "positive_rate": 0.0, "directional_follow_through": 1.0, "median_excess_return": -0.024748, "regime_survival": 0.0, "best_return": -0.054655, "worst_return": -0.080848, "sufficient": false }, { "horizon": "Intermediate", "sample_count": 2, "median_return": -0.14881, "positive_rate": 0.0, "directional_follow_through": 1.0, "median_excess_return": -0.11917, "regime_survival": 0.0, "best_return": -0.141141, "worst_return": -0.156479, "sufficient": false }, { "horizon": "Extended", "sample_count": 2, "median_return": -0.144678, "positive_rate": 0.0, "directional_follow_through": 1.0, "median_excess_return": -0.181504, "regime_survival": 0.0, "best_return": -0.07988, "worst_return": -0.209476, "sufficient": false }, { "horizon": "Full cycle", "sample_count": 2, "median_return": -0.203827, "positive_rate": 0.0, "directional_follow_through": 1.0, "median_excess_return": -0.304241, "regime_survival": 0.0, "best_return": -0.123643, "worst_return": -0.284011, "sufficient": false } ], "ledger": [ { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2023-07-07", "end": "2023-07-14", "tenure": "New", "return": 0.036117, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2023-07-21", "end": "2023-08-25", "tenure": "Developing", "return": -0.118168, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2023-09-01", "end": "2023-09-22", "tenure": "New", "return": -0.06357, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2023-09-29", "end": "2024-05-10", "tenure": "Extended", "return": -0.145059, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-05-17", "end": "2024-06-21", "tenure": "Developing", "return": -0.097737, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2024-06-28", "end": "2024-10-04", "tenure": "Established", "return": 0.122674, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2024-10-11", "end": "2024-11-15", "tenure": "Developing", "return": -0.061155, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-11-22", "end": "2025-01-31", "tenure": "Developing", "return": -0.0281, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-02-07", "end": "2025-03-28", "tenure": "Developing", "return": -0.043673, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-04-04", "end": "2025-06-06", "tenure": "Developing", "return": 0.219782, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-06-13", "end": "2025-07-11", "tenure": "Developing", "return": 0.095185, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-07-18", "end": "2026-06-05", "tenure": "Extended", "return": 0.580428, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-06-12", "end": "2026-07-17", "tenure": "Developing", "return": -0.150091, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2026-07-24", "end": "2026-08-07", "tenure": "New", "return": 0.095949, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 10.881304, "volume": 225538, "typical_volume": 252211.75, "trend": 11.859084, "fair_value": 13.211959, "relative_strength": -15.171156, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "mixed", "direction": -27.094585, "energy": 21.766675, "activity_lines": [ 11.753038, 12.032308, 11.94357, 11.851558 ] }, { "date": "2023-08-25", "close": 11.010404, "volume": 123797, "typical_volume": 249373.1, "trend": 11.788694, "fair_value": 13.223793, "relative_strength": -14.360205, "stage": 4, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "mixed", "direction": -30.863394, "energy": 35.908411, "activity_lines": [ 11.410615, 11.827424, 11.867164, 11.796805 ] }, { "date": "2023-09-01", "close": 11.314711, "volume": 186829, "typical_volume": 247419.95, "trend": 11.735517, "fair_value": 13.237965, "relative_strength": -13.774188, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -20.959637, "energy": 36.548, "activity_lines": [ 11.267989, 11.705198, 11.821803, 11.766225 ] }, { "date": "2023-09-08", "close": 10.853639, "volume": 158206, "typical_volume": 243908.4, "trend": 11.68234, "fair_value": 13.250039, "relative_strength": -15.751465, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -34.357328, "energy": 58.960622, "activity_lines": [ 11.068191, 11.505009, 11.734726, 11.70933 ] }, { "date": "2023-09-15", "close": 11.078642, "volume": 116569, "typical_volume": 233172.7, "trend": 11.64527, "fair_value": 13.259242, "relative_strength": -13.423029, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -25.526589, "energy": 55.782129, "activity_lines": [ 11.043601, 11.368028, 11.671537, 11.670382 ] }, { "date": "2023-09-22", "close": 10.595439, "volume": 212420, "typical_volume": 198046.6, "trend": 11.612072, "fair_value": 13.272757, "relative_strength": -14.265134, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -75.216572, "energy": 72.981639, "activity_lines": [ 10.8995, 11.164586, 11.563585, 11.602651 ] }, { "date": "2023-09-29", "close": 10.399944, "volume": 134861, "typical_volume": 196477.4, "trend": 11.551457, "fair_value": 13.280927, "relative_strength": -14.819972, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -76.654958, "energy": 76.804468, "activity_lines": [ 10.709293, 10.963827, 11.441361, 11.524449 ] }, { "date": "2023-10-06", "close": 10.097481, "volume": 190389, "typical_volume": 200184.5, "trend": 11.514264, "fair_value": 13.28362, "relative_strength": -17.253305, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -78.846577, "energy": 81.039559, "activity_lines": [ 10.458961, 10.746, 11.294819, 11.430644 ] }, { "date": "2023-10-13", "close": 10.069817, "volume": 163322, "typical_volume": 199177.95, "trend": 11.489673, "fair_value": 13.287905, "relative_strength": -17.459559, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -75.676851, "energy": 84.289438, "activity_lines": [ 10.280557, 10.571597, 11.152098, 11.337454 ] }, { "date": "2023-10-20", "close": 9.332101, "volume": 126215, "typical_volume": 196682.8, "trend": 11.429119, "fair_value": 13.287216, "relative_strength": -21.182978, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -87.4248, "energy": 92.605787, "activity_lines": [ 9.908503, 10.304645, 10.944519, 11.198256 ] }, { "date": "2023-10-27", "close": 9.295215, "volume": 349527, "typical_volume": 205380.75, "trend": 11.343359, "fair_value": 13.286631, "relative_strength": -19.134677, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -82.628749, "energy": 91.657187, "activity_lines": [ 9.640589, 10.074075, 10.744405, 11.060584 ] }, { "date": "2023-11-03", "close": 9.599523, "volume": 240455, "typical_volume": 204745.45, "trend": 11.281883, "fair_value": 13.279774, "relative_strength": -20.569157, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.346016, "energy": 84.29379, "activity_lines": [ 9.560793, 9.927672, 10.585216, 10.948079 ] }, { "date": "2023-11-10", "close": 9.129229, "volume": 189612, "typical_volume": 202568.35, "trend": 11.193665, "fair_value": 13.269017, "relative_strength": -24.908059, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -77.145047, "energy": 85.232147, "activity_lines": [ 9.377593, 9.721414, 10.395114, 10.809198 ] }, { "date": "2023-11-17", "close": 9.590301, "volume": 296201, "typical_volume": 194530.3, "trend": 11.13434, "fair_value": 13.257164, "relative_strength": -22.424942, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.954018, "energy": 63.037146, "activity_lines": [ 9.412635, 9.638722, 10.260867, 10.705755 ] }, { "date": "2023-11-24", "close": 9.51653, "volume": 207714, "typical_volume": 197957.9, "trend": 11.073478, "fair_value": 13.240443, "relative_strength": -23.327232, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.911673, "energy": 56.485586, "activity_lines": [ 9.455053, 9.565588, 10.131451, 10.60138 ] }, { "date": "2023-12-01", "close": 9.544194, "volume": 293651, "typical_volume": 202269.75, "trend": 11.008006, "fair_value": 13.224219, "relative_strength": -23.191599, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -59.463991, "energy": 52.248028, "activity_lines": [ 9.494398, 9.525885, 10.017711, 10.502717 ] }, { "date": "2023-12-08", "close": 9.470423, "volume": 359034, "typical_volume": 204105.85, "trend": 10.945608, "fair_value": 13.206747, "relative_strength": -23.417045, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -49.23178, "energy": 43.787184, "activity_lines": [ 9.492554, 9.491883, 9.911963, 10.403518 ] }, { "date": "2023-12-15", "close": 9.756287, "volume": 523849, "typical_volume": 220761.6, "trend": 10.88905, "fair_value": 13.186243, "relative_strength": -22.426798, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -45.27063, "energy": 36.407098, "activity_lines": [ 9.594605, 9.526757, 9.847799, 10.326787 ] }, { "date": "2023-12-22", "close": 9.848502, "volume": 326165, "typical_volume": 228919.45, "trend": 10.843865, "fair_value": 13.16492, "relative_strength": -21.969405, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -41.016674, "energy": 30.280237, "activity_lines": [ 9.68559, 9.584601, 9.806733, 10.259655 ] }, { "date": "2023-12-29", "close": 10.034839, "volume": 355095, "typical_volume": 238972.45, "trend": 10.790444, "fair_value": 13.141642, "relative_strength": -20.336295, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -35.89918, "energy": 21.395037, "activity_lines": [ 9.821474, 9.680348, 9.795357, 10.20746 ] }, { "date": "2024-01-05", "close": 9.576754, "volume": 269689, "typical_volume": 241180.0, "trend": 10.716221, "fair_value": 13.102516, "relative_strength": -22.265043, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -40.610949, "energy": 21.883019, "activity_lines": [ 9.770109, 9.68003, 9.748293, 10.129158 ] }, { "date": "2024-01-12", "close": 9.186449, "volume": 268193, "typical_volume": 248399.8, "trend": 10.605319, "fair_value": 13.063992, "relative_strength": -26.181834, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.509503, "energy": 36.182007, "activity_lines": [ 9.586471, 9.603628, 9.670269, 10.030463 ] }, { "date": "2024-01-19", "close": 8.64383, "volume": 910255, "typical_volume": 284571.1, "trend": 10.505531, "fair_value": 13.016947, "relative_strength": -30.683551, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -79.546209, "energy": 57.789382, "activity_lines": [ 9.240893, 9.436079, 9.549253, 9.903915 ] }, { "date": "2024-01-26", "close": 8.586712, "volume": 350449, "typical_volume": 294183.25, "trend": 10.389085, "fair_value": 12.977405, "relative_strength": -31.064339, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -78.720525, "energy": 80.498098, "activity_lines": [ 8.950438, 9.26697, 9.435516, 9.78012 ] }, { "date": "2024-02-02", "close": 8.339201, "volume": 264559, "typical_volume": 301582.75, "trend": 10.258549, "fair_value": 12.932508, "relative_strength": -33.241817, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -81.311915, "energy": 89.11396, "activity_lines": [ 8.6616, 9.071106, 9.309, 9.64787 ] }, { "date": "2024-02-09", "close": 8.491516, "volume": 253461, "typical_volume": 303634.8, "trend": 10.118335, "fair_value": 12.883932, "relative_strength": -32.22771, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -71.277267, "energy": 88.667605, "activity_lines": [ 8.536575, 8.924342, 9.210036, 9.533867 ] }, { "date": "2024-02-16", "close": 8.748546, "volume": 240815, "typical_volume": 308932.5, "trend": 9.993759, "fair_value": 12.838334, "relative_strength": -29.239097, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.987792, "energy": 84.146521, "activity_lines": [ 8.569577, 8.84345, 9.14557, 9.445494 ] }, { "date": "2024-02-23", "close": 8.434398, "volume": 268161, "typical_volume": 312821.1, "trend": 9.849489, "fair_value": 12.801528, "relative_strength": -32.211289, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -71.866057, "energy": 78.612022, "activity_lines": [ 8.527056, 8.718565, 9.059049, 9.34489 ] }, { "date": "2024-03-01", "close": 8.944555, "volume": 250383, "typical_volume": 317174.15, "trend": 9.73575, "fair_value": 12.773311, "relative_strength": -28.063705, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.057977, "energy": 49.277842, "activity_lines": [ 8.668549, 8.710471, 9.029033, 9.286507 ] }, { "date": "2024-03-08", "close": 8.710467, "volume": 238752, "typical_volume": 322801.0, "trend": 9.636032, "fair_value": 12.738329, "relative_strength": -29.089737, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -47.609016, "energy": 37.839197, "activity_lines": [ 8.708157, 8.67625, 8.982082, 9.22036 ] }, { "date": "2024-03-15", "close": 8.862781, "volume": 187500, "typical_volume": 314699.65, "trend": 9.568748, "fair_value": 12.707594, "relative_strength": -27.184047, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -44.115097, "energy": 33.169529, "activity_lines": [ 8.773785, 8.693803, 8.952597, 9.170473 ] }, { "date": "2024-03-22", "close": 8.872301, "volume": 181932, "typical_volume": 311773.5, "trend": 9.497478, "fair_value": 12.680631, "relative_strength": -28.027247, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -38.128701, "energy": 22.954363, "activity_lines": [ 8.817836, 8.726067, 8.926078, 9.125541 ] }, { "date": "2024-03-29", "close": 8.996056, "volume": 136957, "typical_volume": 309140.75, "trend": 9.420189, "fair_value": 12.651692, "relative_strength": -26.553478, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -35.212101, "energy": 19.252349, "activity_lines": [ 8.894888, 8.786545, 8.914808, 9.093191 ] }, { "date": "2024-04-05", "close": 8.862781, "volume": 255800, "typical_volume": 307120.7, "trend": 9.353827, "fair_value": 12.622729, "relative_strength": -26.311393, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -31.790262, "energy": 18.04087, "activity_lines": [ 8.890071, 8.816386, 8.891479, 9.057229 ] }, { "date": "2024-04-12", "close": 8.805664, "volume": 149778, "typical_volume": 304223.9, "trend": 9.278061, "fair_value": 12.592126, "relative_strength": -24.970481, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -34.257369, "energy": 16.457101, "activity_lines": [ 8.871666, 8.830823, 8.866175, 9.021864 ] }, { "date": "2024-04-19", "close": 8.436587, "volume": 167363, "typical_volume": 297909.5, "trend": 9.206099, "fair_value": 12.556774, "relative_strength": -25.151549, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.215414, "energy": 35.321141, "activity_lines": [ 8.72389, 8.769674, 8.809106, 8.967575 ] }, { "date": "2024-04-26", "close": 8.615271, "volume": 158413, "typical_volume": 287878.45, "trend": 9.14661, "fair_value": 12.523343, "relative_strength": -24.855986, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -55.568071, "energy": 37.283001, "activity_lines": [ 8.664088, 8.742012, 8.774329, 8.929457 ] }, { "date": "2024-05-03", "close": 9.034135, "volume": 150507, "typical_volume": 269211.35, "trend": 9.111166, "fair_value": 12.493207, "relative_strength": -20.95338, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -29.858981, "energy": 22.129477, "activity_lines": [ 8.761042, 8.79293, 8.783515, 8.922201 ] }, { "date": "2024-05-10", "close": 8.89134, "volume": 157358, "typical_volume": 260771.0, "trend": 9.071883, "fair_value": 12.465369, "relative_strength": -22.907149, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -25.283198, "energy": 17.61606, "activity_lines": [ 8.807859, 8.806981, 8.782541, 8.908018 ] }, { "date": "2024-05-17", "close": 9.253086, "volume": 218590, "typical_volume": 253945.75, "trend": 9.069249, "fair_value": 12.438299, "relative_strength": -20.364294, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 3.451374, "energy": 11.654248, "activity_lines": [ 8.973355, 8.887771, 8.820577, 8.919709 ] }, { "date": "2024-05-24", "close": 9.024615, "volume": 130659, "typical_volume": 246994.25, "trend": 9.060229, "fair_value": 12.405054, "relative_strength": -21.641258, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -7.968166, "energy": 18.787094, "activity_lines": [ 9.032865, 8.917156, 8.840577, 8.916829 ] }, { "date": "2024-05-31", "close": 8.919899, "volume": 103916, "typical_volume": 238780.4, "trend": 9.037575, "fair_value": 12.368146, "relative_strength": -21.505537, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -7.726025, "energy": 17.585019, "activity_lines": [ 9.018269, 8.924558, 8.853232, 8.907776 ] }, { "date": "2024-06-07", "close": 8.729506, "volume": 138033, "typical_volume": 200169.3, "trend": 9.024251, "fair_value": 12.328189, "relative_strength": -23.348844, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -20.224607, "energy": 14.278673, "activity_lines": [ 8.919899, 8.896479, 8.849024, 8.8879 ] }, { "date": "2024-06-14", "close": 8.520074, "volume": 183891, "typical_volume": 191841.4, "trend": 8.988577, "fair_value": 12.289715, "relative_strength": -25.517755, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -49.216784, "energy": 26.02008, "activity_lines": [ 8.772027, 8.835167, 8.824463, 8.855373 ] }, { "date": "2024-06-21", "close": 8.348721, "volume": 216891, "typical_volume": 189458.0, "trend": 8.94965, "fair_value": 12.246541, "relative_strength": -26.687786, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -67.351656, "energy": 48.932829, "activity_lines": [ 8.591789, 8.748931, 8.783899, 8.814092 ] }, { "date": "2024-06-28", "close": 8.36776, "volume": 181601, "typical_volume": 185865.0, "trend": 8.910435, "fair_value": 12.202326, "relative_strength": -25.643258, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.67875, "energy": 61.840708, "activity_lines": [ 8.478188, 8.674465, 8.745104, 8.77655 ] }, { "date": "2024-07-05", "close": 8.786624, "volume": 148818, "typical_volume": 181265.15, "trend": 8.887642, "fair_value": 12.159022, "relative_strength": -22.487256, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -52.542378, "energy": 52.525292, "activity_lines": [ 8.547998, 8.677408, 8.746789, 8.768563 ] }, { "date": "2024-07-12", "close": 9.14837, "volume": 164381, "typical_volume": 176076.15, "trend": 8.867378, "fair_value": 12.121141, "relative_strength": -19.129319, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -13.852311, "energy": 10.561578, "activity_lines": [ 8.747276, 8.743007, 8.782745, 8.785384 ] }, { "date": "2024-07-19", "close": 8.691428, "volume": 169857, "typical_volume": 172049.85, "trend": 8.828809, "fair_value": 12.077892, "relative_strength": -20.710639, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -32.202705, "energy": 14.486877, "activity_lines": [ 8.766316, 8.723448, 8.771783, 8.774032 ] }, { "date": "2024-07-26", "close": 8.37728, "volume": 132883, "typical_volume": 166756.4, "trend": 8.773557, "fair_value": 12.029748, "relative_strength": -21.965491, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -47.893211, "energy": 21.396281, "activity_lines": [ 8.669215, 8.650407, 8.732107, 8.744901 ] }, { "date": "2024-08-02", "close": 7.958416, "volume": 183057, "typical_volume": 166534.25, "trend": 8.719612, "fair_value": 11.977811, "relative_strength": -23.280919, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -73.264676, "energy": 42.427772, "activity_lines": [ 8.43059, 8.517132, 8.654127, 8.692312 ] }, { "date": "2024-08-09", "close": 7.682346, "volume": 320248, "typical_volume": 173450.05, "trend": 8.669476, "fair_value": 11.925323, "relative_strength": -25.050372, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -80.178417, "energy": 77.658476, "activity_lines": [ 8.127231, 8.353048, 8.55416, 8.625391 ] }, { "date": "2024-08-16", "close": 7.929857, "volume": 154012, "typical_volume": 174302.8, "trend": 8.645676, "fair_value": 11.882068, "relative_strength": -24.785908, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.567734, "energy": 77.309384, "activity_lines": [ 7.979994, 8.256467, 8.483432, 8.577674 ] }, { "date": "2024-08-23", "close": 8.191647, "volume": 105246, "typical_volume": 166775.1, "trend": 8.632508, "fair_value": 11.836945, "relative_strength": -22.537488, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.360864, "energy": 74.739827, "activity_lines": [ 8.001254, 8.222023, 8.442714, 8.548382 ] }, { "date": "2024-08-30", "close": 8.10121, "volume": 568901, "typical_volume": 187731.25, "trend": 8.624575, "fair_value": 11.790578, "relative_strength": -22.729867, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.009328, "energy": 65.457311, "activity_lines": [ 8.025688, 8.177108, 8.396579, 8.514104 ] }, { "date": "2024-09-06", "close": 7.568111, "volume": 111649, "typical_volume": 184945.55, "trend": 8.593794, "fair_value": 11.741237, "relative_strength": -23.857087, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -76.708132, "energy": 57.253446, "activity_lines": [ 7.890826, 8.039765, 8.303027, 8.445945 ] }, { "date": "2024-09-13", "close": 8.030289, "volume": 192636, "typical_volume": 186656.7, "trend": 8.569852, "fair_value": 11.6958, "relative_strength": -21.419007, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -56.629599, "energy": 40.849778, "activity_lines": [ 7.936045, 8.000995, 8.257627, 8.40959 ] }, { "date": "2024-09-20", "close": 8.100639, "volume": 121779, "typical_volume": 185220.3, "trend": 8.558727, "fair_value": 11.651756, "relative_strength": -20.949736, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -54.12074, "energy": 37.733565, "activity_lines": [ 7.981517, 7.988766, 8.221713, 8.379318 ] }, { "date": "2024-09-27", "close": 9.138851, "volume": 222676, "typical_volume": 188486.2, "trend": 8.565204, "fair_value": 11.615531, "relative_strength": -10.493604, "stage": 1, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -4.052777, "energy": 7.671241, "activity_lines": [ 8.361674, 8.184353, 8.289122, 8.416746 ] }, { "date": "2024-10-04", "close": 9.394263, "volume": 329470, "typical_volume": 194030.2, "trend": 8.587997, "fair_value": 11.580833, "relative_strength": -7.494671, "stage": 1, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "mixed", "direction": 38.876426, "energy": 37.80021, "activity_lines": [ 8.763822, 8.418244, 8.379677, 8.470233 ] }, { "date": "2024-10-11", "close": 9.156177, "volume": 211375, "typical_volume": 198066.0, "trend": 8.597777, "fair_value": 11.536906, "relative_strength": -10.099581, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 29.290288, "energy": 40.487328, "activity_lines": [ 9.000404, 8.590355, 8.446884, 8.50689 ] }, { "date": "2024-10-18", "close": 8.862781, "volume": 171640, "typical_volume": 201452.2, "trend": 8.597459, "fair_value": 11.489713, "relative_strength": -13.031657, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 24.462648, "energy": 46.433103, "activity_lines": [ 9.033316, 8.687345, 8.485523, 8.523987 ] }, { "date": "2024-10-25", "close": 8.977017, "volume": 131419, "typical_volume": 201121.5, "trend": 8.596825, "fair_value": 11.438266, "relative_strength": -10.330664, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 23.774631, "energy": 53.552649, "activity_lines": [ 9.048808, 8.783642, 8.535314, 8.548475 ] }, { "date": "2024-11-01", "close": 8.862781, "volume": 141015, "typical_volume": 198977.7, "trend": 8.596825, "fair_value": 11.384423, "relative_strength": -9.541008, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 29.077533, "energy": 31.55148, "activity_lines": [ 8.967796, 8.84013, 8.573046, 8.565633 ] }, { "date": "2024-11-08", "close": 8.89134, "volume": 224257, "typical_volume": 199346.0, "trend": 8.599681, "fair_value": 11.329213, "relative_strength": -12.768395, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 24.572596, "energy": 21.808032, "activity_lines": [ 8.914708, 8.889608, 8.611866, 8.584634 ] }, { "date": "2024-11-15", "close": 8.596232, "volume": 177307, "typical_volume": 199131.3, "trend": 8.605002, "fair_value": 11.273718, "relative_strength": -13.197824, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 10.086861, "energy": 10.951523, "activity_lines": [ 8.796779, 8.871063, 8.619997, 8.584412 ] }, { "date": "2024-11-22", "close": 8.90086, "volume": 195753, "typical_volume": 201478.05, "trend": 8.614522, "fair_value": 11.22289, "relative_strength": -10.963022, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": 9.779354, "energy": 9.405137, "activity_lines": [ 8.817722, 8.889213, 8.656052, 8.603499 ] }, { "date": "2024-11-29", "close": 8.986537, "volume": 120826, "typical_volume": 199300.3, "trend": 8.612935, "fair_value": 11.177267, "relative_strength": -10.525215, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 42.405261, "energy": 22.438912, "activity_lines": [ 8.864685, 8.907112, 8.699722, 8.6275 ] }, { "date": "2024-12-06", "close": 8.929419, "volume": 202253, "typical_volume": 200920.1, "trend": 8.614205, "fair_value": 11.129559, "relative_strength": -11.231741, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 41.375629, "energy": 22.323737, "activity_lines": [ 8.891975, 8.898518, 8.738724, 8.647919 ] }, { "date": "2024-12-13", "close": 8.90086, "volume": 209763, "typical_volume": 204764.1, "trend": 8.602464, "fair_value": 11.085658, "relative_strength": -10.336968, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 49.341925, "energy": 27.820817, "activity_lines": [ 8.905303, 8.88854, 8.773872, 8.666413 ] }, { "date": "2024-12-20", "close": 8.672389, "volume": 308835, "typical_volume": 211053.0, "trend": 8.590723, "fair_value": 11.039239, "relative_strength": -10.33605, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 36.703025, "energy": 18.987935, "activity_lines": [ 8.841838, 8.845992, 8.784768, 8.670924 ] }, { "date": "2024-12-27", "close": 8.824703, "volume": 130322, "typical_volume": 201556.7, "trend": 8.58755, "fair_value": 10.993719, "relative_strength": -8.649719, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 35.233304, "energy": 16.741518, "activity_lines": [ 8.824068, 8.839934, 8.80677, 8.686019 ] }, { "date": "2025-01-03", "close": 8.876585, "volume": 378169, "typical_volume": 212764.55, "trend": 8.592452, "fair_value": 10.951594, "relative_strength": -7.006114, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 36.269275, "energy": 16.255691, "activity_lines": [ 8.82867, 8.844002, 8.828274, 8.704667 ] }, { "date": "2025-01-10", "close": 8.591827, "volume": 268734, "typical_volume": 220938.95, "trend": 8.594844, "fair_value": 10.904297, "relative_strength": -7.692994, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 11.689182, "energy": 9.662896, "activity_lines": [ 8.745681, 8.798121, 8.818149, 8.704626 ] }, { "date": "2025-01-17", "close": 8.94532, "volume": 146237, "typical_volume": 199805.75, "trend": 8.614731, "fair_value": 10.865335, "relative_strength": -6.286532, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 27.099472, "energy": 12.758171, "activity_lines": [ 8.803031, 8.821438, 8.839785, 8.727238 ] }, { "date": "2025-01-24", "close": 8.974777, "volume": 144133, "typical_volume": 201429.95, "trend": 8.634965, "fair_value": 10.83331, "relative_strength": -7.240674, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 39.869717, "energy": 19.665009, "activity_lines": [ 8.867235, 8.84913, 8.860207, 8.750467 ] }, { "date": "2025-01-31", "close": 8.650743, "volume": 162635, "typical_volume": 199929.9, "trend": 8.630435, "fair_value": 10.794331, "relative_strength": -9.379198, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 13.691552, "energy": 6.908422, "activity_lines": [ 8.803268, 8.811024, 8.84307, 8.751485 ] }, { "date": "2025-02-07", "close": 8.768574, "volume": 145104, "typical_volume": 201096.15, "trend": 8.617775, "fair_value": 10.757923, "relative_strength": -7.697399, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 20.259919, "energy": 10.888642, "activity_lines": [ 8.790176, 8.798889, 8.8342, 8.760397 ] }, { "date": "2025-02-14", "close": 8.915862, "volume": 131486, "typical_volume": 196536.65, "trend": 8.625256, "fair_value": 10.721494, "relative_strength": -7.169878, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 34.618501, "energy": 14.794567, "activity_lines": [ 8.833381, 8.817497, 8.836177, 8.779628 ] }, { "date": "2025-02-21", "close": 8.80785, "volume": 88731, "typical_volume": 184499.7, "trend": 8.639609, "fair_value": 10.683862, "relative_strength": -6.558506, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 29.362217, "energy": 12.497348, "activity_lines": [ 8.818979, 8.816712, 8.828929, 8.791408 ] }, { "date": "2025-02-28", "close": 8.415081, "volume": 121933, "typical_volume": 180027.6, "trend": 8.654831, "fair_value": 10.648534, "relative_strength": -9.47189, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": -1.44233, "energy": 7.718416, "activity_lines": [ 8.682819, 8.746206, 8.787067, 8.776923 ] }, { "date": "2025-03-07", "close": 8.532912, "volume": 140065, "typical_volume": 178448.85, "trend": 8.683183, "fair_value": 10.615946, "relative_strength": -5.010792, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -23.519185, "energy": 23.251592, "activity_lines": [ 8.623249, 8.701803, 8.759956, 8.769057 ] }, { "date": "2025-03-14", "close": 8.640924, "volume": 126274, "typical_volume": 178191.6, "trend": 8.706885, "fair_value": 10.577868, "relative_strength": -1.300186, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -18.706541, "energy": 27.050669, "activity_lines": [ 8.607538, 8.682343, 8.744703, 8.766331 ] }, { "date": "2025-03-21", "close": 8.601647, "volume": 82541, "typical_volume": 175267.9, "trend": 8.720552, "fair_value": 10.537213, "relative_strength": -2.006546, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -19.662496, "energy": 31.48311, "activity_lines": [ 8.587245, 8.660027, 8.72731, 8.759541 ] }, { "date": "2025-03-28", "close": 8.385624, "volume": 69302, "typical_volume": 167520.15, "trend": 8.730033, "fair_value": 10.492054, "relative_strength": -2.757718, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -30.094722, "energy": 33.02429, "activity_lines": [ 8.515892, 8.598255, 8.690586, 8.737933 ] }, { "date": "2025-04-04", "close": 7.217135, "volume": 101667, "typical_volume": 163738.15, "trend": 8.718333, "fair_value": 10.443654, "relative_strength": -7.616428, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -86.056558, "energy": 74.410201, "activity_lines": [ 8.083191, 8.334207, 8.544986, 8.640326 ] }, { "date": "2025-04-11", "close": 7.545883, "volume": 128101, "typical_volume": 160355.55, "trend": 8.702186, "fair_value": 10.398954, "relative_strength": -8.213515, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -75.485577, "energy": 77.866568, "activity_lines": [ 7.839936, 8.161888, 8.437262, 8.564685 ] }, { "date": "2025-04-18", "close": 7.609904, "volume": 75757, "typical_volume": 158102.1, "trend": 8.685829, "fair_value": 10.362037, "relative_strength": -5.781405, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.974059, "energy": 79.735672, "activity_lines": [ 7.683823, 8.021298, 8.342088, 8.494215 ] }, { "date": "2025-04-25", "close": 8.140143, "volume": 97800, "typical_volume": 152879.45, "trend": 8.652538, "fair_value": 10.331639, "relative_strength": -3.362713, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.880034, "energy": 72.567719, "activity_lines": [ 7.773192, 7.998182, 8.303968, 8.459009 ] }, { "date": "2025-05-02", "close": 8.218697, "volume": 87310, "typical_volume": 146756.8, "trend": 8.613353, "fair_value": 10.303218, "relative_strength": -4.799265, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -57.757766, "energy": 41.276346, "activity_lines": [ 7.919511, 8.003452, 8.277088, 8.431019 ] }, { "date": "2025-05-09", "close": 8.30707, "volume": 74476, "typical_volume": 135038.85, "trend": 8.585049, "fair_value": 10.27735, "relative_strength": -3.048661, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -40.653456, "energy": 23.630517, "activity_lines": [ 8.106417, 8.035502, 8.261873, 8.411259 ] }, { "date": "2025-05-16", "close": 8.567378, "volume": 94105, "typical_volume": 133228.0, "trend": 8.575202, "fair_value": 10.24918, "relative_strength": -4.639121, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -21.494149, "energy": 20.819342, "activity_lines": [ 8.30743, 8.116845, 8.273189, 8.410119 ] }, { "date": "2025-05-23", "close": 8.616375, "volume": 156618, "typical_volume": 122150.45, "trend": 8.563181, "fair_value": 10.217977, "relative_strength": -1.295496, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -13.420992, "energy": 20.502014, "activity_lines": [ 8.456676, 8.206469, 8.290396, 8.412775 ] }, { "date": "2025-05-30", "close": 8.451412, "volume": 63497, "typical_volume": 111888.6, "trend": 8.549469, "fair_value": 10.184583, "relative_strength": -4.534119, "stage": 1, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -17.855721, "energy": 21.64215, "activity_lines": [ 8.483835, 8.266547, 8.293132, 8.405565 ] }, { "date": "2025-06-06", "close": 8.803334, "volume": 300122, "typical_volume": 119582.85, "trend": 8.546535, "fair_value": 10.156054, "relative_strength": -1.943424, "stage": 1, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "mixed", "direction": 24.071479, "energy": 26.481782, "activity_lines": [ 8.607551, 8.393342, 8.330053, 8.421943 ] }, { "date": "2025-06-13", "close": 8.768574, "volume": 107196, "typical_volume": 117736.0, "trend": 8.55228, "fair_value": 10.129571, "relative_strength": -1.82822, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 22.401073, "energy": 29.370938, "activity_lines": [ 8.680705, 8.506222, 8.364339, 8.436268 ] }, { "date": "2025-06-20", "close": 8.591827, "volume": 242195, "typical_volume": 121714.0, "trend": 8.541979, "fair_value": 10.097531, "relative_strength": -3.520562, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 16.998944, "energy": 24.888011, "activity_lines": [ 8.664175, 8.558758, 8.382775, 8.438819 ] }, { "date": "2025-06-27", "close": 9.190801, "volume": 105123, "typical_volume": 119714.95, "trend": 8.548788, "fair_value": 10.074605, "relative_strength": -0.177617, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 35.994079, "energy": 45.120899, "activity_lines": [ 8.845674, 8.701182, 8.458536, 8.480679 ] }, { "date": "2025-07-04", "close": 9.457393, "volume": 150180, "typical_volume": 120649.65, "trend": 8.566387, "fair_value": 10.050835, "relative_strength": 1.123517, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 52.727877, "energy": 64.705203, "activity_lines": [ 9.077742, 8.863333, 8.557676, 8.539299 ] }, { "date": "2025-07-11", "close": 9.603208, "volume": 130553, "typical_volume": 122740.75, "trend": 8.589798, "fair_value": 10.032708, "relative_strength": 3.117081, "stage": 2, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 82.304526, "energy": 84.132299, "activity_lines": [ 9.29135, 9.028046, 8.668124, 8.60619 ] }, { "date": "2025-07-18", "close": 10.035254, "volume": 143330, "typical_volume": 123810.6, "trend": 8.635227, "fair_value": 10.015309, "relative_strength": 7.081591, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 88.094996, "energy": 92.947617, "activity_lines": [ 9.595647, 9.24614, 8.815933, 8.699446 ] }, { "date": "2025-07-25", "close": 10.300374, "volume": 180686, "typical_volume": 125841.65, "trend": 8.684416, "fair_value": 9.995979, "relative_strength": 8.186078, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 88.198903, "energy": 95.056808, "activity_lines": [ 9.903873, 9.481016, 8.981276, 8.806874 ] }, { "date": "2025-08-01", "close": 9.592309, "volume": 381258, "typical_volume": 138590.85, "trend": 8.708274, "fair_value": 9.970579, "relative_strength": 3.20047, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.53157, "energy": 86.595108, "activity_lines": [ 9.862174, 9.555644, 9.070767, 8.865448 ] }, { "date": "2025-08-08", "close": 10.212001, "volume": 106957, "typical_volume": 139811.65, "trend": 8.76228, "fair_value": 9.944614, "relative_strength": 7.004402, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 78.061186, "energy": 87.216121, "activity_lines": [ 10.000272, 9.725199, 9.214746, 8.962463 ] }, { "date": "2025-08-15", "close": 10.536035, "volume": 208113, "typical_volume": 146752.2, "trend": 8.815303, "fair_value": 9.926057, "relative_strength": 9.06086, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 83.52569, "energy": 84.152737, "activity_lines": [ 10.196074, 9.921658, 9.381918, 9.076899 ] }, { "date": "2025-08-22", "close": 10.752058, "volume": 123447, "typical_volume": 147841.2, "trend": 8.874546, "fair_value": 9.909056, "relative_strength": 10.703858, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 83.154201, "energy": 71.04341, "activity_lines": [ 10.401695, 10.125891, 9.559423, 9.20185 ] }, { "date": "2025-08-29", "close": 10.899347, "volume": 133105, "typical_volume": 148091.4, "trend": 8.9495, "fair_value": 9.899124, "relative_strength": 11.930024, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 81.672824, "energy": 85.307473, "activity_lines": [ 10.608626, 10.320841, 9.734122, 9.332483 ] }, { "date": "2025-09-05", "close": 11.014232, "volume": 190076, "typical_volume": 153807.35, "trend": 9.024355, "fair_value": 9.884994, "relative_strength": 12.321096, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 77.972057, "energy": 88.41046, "activity_lines": [ 10.81392, 10.494723, 9.903795, 9.465691 ] }, { "date": "2025-09-12", "close": 11.419766, "volume": 120010, "typical_volume": 154917.85, "trend": 9.107818, "fair_value": 9.877377, "relative_strength": 14.233902, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 85.719493, "energy": 90.512305, "activity_lines": [ 11.059597, 10.709186, 10.095878, 9.620234 ] }, { "date": "2025-09-19", "close": 11.999101, "volume": 278060, "typical_volume": 164455.35, "trend": 9.214193, "fair_value": 9.879145, "relative_strength": 18.020997, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 91.80062, "energy": 94.594288, "activity_lines": [ 11.417868, 10.993303, 10.327519, 9.806768 ] }, { "date": "2025-09-26", "close": 12.224943, "volume": 265835, "typical_volume": 174023.3, "trend": 9.341189, "fair_value": 9.88497, "relative_strength": 20.238804, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 89.911875, "energy": 95.519752, "activity_lines": [ 11.753882, 11.27492, 10.562666, 10.00101 ] }, { "date": "2025-10-03", "close": 13.108674, "volume": 911171, "typical_volume": 214876.6, "trend": 9.493714, "fair_value": 9.897084, "relative_strength": 27.030854, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 95.673503, "energy": 97.834519, "activity_lines": [ 12.286281, 11.677403, 10.863322, 10.244074 ] }, { "date": "2025-10-10", "close": 12.39187, "volume": 833841, "typical_volume": 248737.75, "trend": 9.618746, "fair_value": 9.907893, "relative_strength": 22.60507, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.424205, "energy": 85.465098, "activity_lines": [ 12.432456, 11.898498, 11.074086, 10.431052 ] }, { "date": "2025-10-17", "close": 12.863193, "volume": 480944, "typical_volume": 269610.1, "trend": 9.760797, "fair_value": 9.918149, "relative_strength": 24.469151, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 77.106395, "energy": 76.922012, "activity_lines": [ 12.643897, 12.154387, 11.311759, 10.640371 ] }, { "date": "2025-10-24", "close": 13.177408, "volume": 393275, "typical_volume": 274267.75, "trend": 9.920523, "fair_value": 9.931498, "relative_strength": 24.508643, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 79.774661, "energy": 72.03224, "activity_lines": [ 12.863848, 12.419203, 11.558349, 10.860797 ] }, { "date": "2025-10-31", "close": 13.491624, "volume": 530591, "typical_volume": 295437.5, "trend": 10.129673, "fair_value": 9.942437, "relative_strength": 25.94739, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 81.716714, "energy": 72.20566, "activity_lines": [ 13.109983, 12.693124, 11.814035, 11.091191 ] }, { "date": "2025-11-07", "close": 13.187228, "volume": 347582, "typical_volume": 300706.85, "trend": 10.317718, "fair_value": 9.947398, "relative_strength": 24.438052, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.431099, "energy": 67.304411, "activity_lines": [ 13.170208, 12.86189, 12.018241, 11.288453 ] }, { "date": "2025-11-14", "close": 13.246143, "volume": 378295, "typical_volume": 314365.45, "trend": 10.505592, "fair_value": 9.95733, "relative_strength": 24.081119, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.312553, "energy": 66.01626, "activity_lines": [ 13.244834, 12.99977, 12.206174, 11.477383 ] }, { "date": "2025-11-21", "close": 12.323135, "volume": 345609, "typical_volume": 324136.9, "trend": 10.645025, "fair_value": 9.961686, "relative_strength": 17.187961, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.386548, "energy": 56.916255, "activity_lines": [ 12.954839, 12.92925, 12.286891, 11.594644 ] }, { "date": "2025-11-28", "close": 13.147951, "volume": 230085, "typical_volume": 329113.5, "trend": 10.809334, "fair_value": 9.966565, "relative_strength": 19.975483, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 57.636578, "energy": 47.702006, "activity_lines": [ 12.975787, 12.992271, 12.432516, 11.756123 ] }, { "date": "2025-12-05", "close": 13.579997, "volume": 391997, "typical_volume": 341546.85, "trend": 10.985098, "fair_value": 9.977446, "relative_strength": 22.775531, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 73.947148, "energy": 52.255257, "activity_lines": [ 13.142714, 13.112959, 12.602407, 11.934876 ] }, { "date": "2025-12-12", "close": 13.530901, "volume": 199132, "typical_volume": 342469.15, "trend": 11.150549, "fair_value": 9.990849, "relative_strength": 22.31688, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.383568, "energy": 49.917178, "activity_lines": [ 13.287384, 13.200082, 12.750744, 12.099121 ] }, { "date": "2025-12-19", "close": 13.609455, "volume": 503533, "typical_volume": 348582.9, "trend": 11.316985, "fair_value": 10.008895, "relative_strength": 22.134656, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.408885, "energy": 54.434797, "activity_lines": [ 13.435327, 13.293811, 12.891178, 12.25776 ] }, { "date": "2025-12-26", "close": 14.316439, "volume": 343974, "typical_volume": 360433.75, "trend": 11.512486, "fair_value": 10.031447, "relative_strength": 25.822775, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 79.014636, "energy": 64.374955, "activity_lines": [ 13.794711, 13.493945, 13.079815, 12.451273 ] }, { "date": "2026-01-02", "close": 14.1, "volume": 364318, "typical_volume": 368244.0, "trend": 11.689041, "fair_value": 10.049657, "relative_strength": 24.421924, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 70.783552, "energy": 68.330756, "activity_lines": [ 13.949061, 13.628303, 13.228293, 12.61821 ] }, { "date": "2026-01-09", "close": 14.62, "volume": 464876, "typical_volume": 385315.45, "trend": 11.884089, "fair_value": 10.065879, "relative_strength": 26.094254, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 79.438054, "energy": 78.691155, "activity_lines": [ 14.213275, 13.840433, 13.409324, 12.807304 ] }, { "date": "2026-01-16", "close": 15.01, "volume": 408801, "typical_volume": 399100.25, "trend": 12.098028, "fair_value": 10.083715, "relative_strength": 28.935757, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 82.39451, "energy": 86.636744, "activity_lines": [ 14.538156, 14.102956, 13.60908, 13.008975 ] }, { "date": "2026-01-23", "close": 15.71, "volume": 412648, "typical_volume": 410228.85, "trend": 12.315335, "fair_value": 10.100304, "relative_strength": 34.219346, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 88.337947, "energy": 92.053196, "activity_lines": [ 14.997763, 14.45961, 13.855927, 13.242006 ] }, { "date": "2026-01-30", "close": 15.17, "volume": 711294, "typical_volume": 439793.05, "trend": 12.505755, "fair_value": 10.114791, "relative_strength": 28.022677, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 69.210014, "energy": 79.838027, "activity_lines": [ 15.137333, 14.673285, 14.028985, 13.426178 ] }, { "date": "2026-02-06", "close": 15.17, "volume": 408607, "typical_volume": 446320.4, "trend": 12.691315, "fair_value": 10.132233, "relative_strength": 27.244171, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.12794, "energy": 62.676553, "activity_lines": [ 15.22, 14.835199, 14.184185, 13.598065 ] }, { "date": "2026-02-13", "close": 15.44, "volume": 237733, "typical_volume": 444915.3, "trend": 12.871473, "fair_value": 10.153062, "relative_strength": 30.056119, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.923653, "energy": 60.654, "activity_lines": [ 15.321333, 15.009439, 14.349999, 13.775399 ] }, { "date": "2026-02-20", "close": 15.64, "volume": 175554, "typical_volume": 408134.45, "trend": 13.04946, "fair_value": 10.179015, "relative_strength": 29.156096, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 70.856825, "energy": 59.663872, "activity_lines": [ 15.434667, 15.186224, 14.519551, 13.954014 ] }, { "date": "2026-02-27", "close": 16.26, "volume": 277624, "typical_volume": 380323.6, "trend": 13.271717, "fair_value": 10.204922, "relative_strength": 33.578385, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 80.07009, "energy": 64.209435, "activity_lines": [ 15.712667, 15.43739, 14.736097, 14.161145 ] }, { "date": "2026-03-06", "close": 14.6, "volume": 416740, "typical_volume": 377113.4, "trend": 13.417983, "fair_value": 10.226632, "relative_strength": 21.483717, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 60.087252, "energy": 46.814603, "activity_lines": [ 15.400667, 15.338545, 14.776128, 14.246841 ] }, { "date": "2026-03-13", "close": 14.64, "volume": 309224, "typical_volume": 372910.85, "trend": 13.554782, "fair_value": 10.251199, "relative_strength": 22.804069, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 44.578732, "energy": 32.28183, "activity_lines": [ 15.14, 15.241818, 14.811698, 14.325681 ] }, { "date": "2026-03-20", "close": 13.74, "volume": 322747, "typical_volume": 362518.65, "trend": 13.65438, "fair_value": 10.26781, "relative_strength": 16.651904, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 19.201145, "energy": 15.27965, "activity_lines": [ 14.614667, 14.971636, 14.75459, 14.33763 ] }, { "date": "2026-03-27", "close": 14.36, "volume": 200959, "typical_volume": 355187.5, "trend": 13.769735, "fair_value": 10.283784, "relative_strength": 23.732493, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 21.975777, "energy": 22.596814, "activity_lines": [ 14.409333, 14.830182, 14.755346, 14.383154 ] }, { "date": "2026-04-03", "close": 14.98, "volume": 289037, "typical_volume": 350724.6, "trend": 13.901928, "fair_value": 10.306452, "relative_strength": 23.705006, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 27.198191, "energy": 20.225684, "activity_lines": [ 14.496, 14.813273, 14.809564, 14.461236 ] }, { "date": "2026-04-10", "close": 15.93, "volume": 207752, "typical_volume": 343831.75, "trend": 14.052269, "fair_value": 10.333082, "relative_strength": 25.776423, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 56.750124, "energy": 22.97366, "activity_lines": [ 14.984667, 14.982364, 14.946003, 14.592079 ] }, { "date": "2026-04-17", "close": 17.11, "volume": 564315, "typical_volume": 360543.25, "trend": 14.222632, "fair_value": 10.369876, "relative_strength": 28.005946, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 73.298646, "energy": 55.122004, "activity_lines": [ 15.778, 15.352182, 15.177647, 14.789352 ] }, { "date": "2026-04-24", "close": 16.53, "volume": 318164, "typical_volume": 356851.6, "trend": 14.366134, "fair_value": 10.40313, "relative_strength": 21.986475, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.306854, "energy": 67.604296, "activity_lines": [ 16.213333, 15.581273, 15.335186, 14.938215 ] }, { "date": "2026-05-01", "close": 16.92, "volume": 553390, "typical_volume": 374564.5, "trend": 14.493178, "fair_value": 10.43782, "relative_strength": 22.607348, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 69.180953, "energy": 76.154598, "activity_lines": [ 16.592667, 15.861455, 15.515821, 15.10298 ] }, { "date": "2026-05-08", "close": 17.4, "volume": 606139, "typical_volume": 379694.8, "trend": 14.660116, "fair_value": 10.476651, "relative_strength": 22.117796, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 75.406919, "energy": 80.770756, "activity_lines": [ 16.961333, 16.205636, 15.726031, 15.290517 ] }, { "date": "2026-05-15", "close": 16.61, "volume": 713664, "typical_volume": 398179.3, "trend": 14.785009, "fair_value": 10.509709, "relative_strength": 15.422593, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.691898, "energy": 66.445953, "activity_lines": [ 16.905333, 16.385455, 15.842952, 15.416316 ] }, { "date": "2026-05-22", "close": 16.71, "volume": 528508, "typical_volume": 406388.8, "trend": 14.902762, "fair_value": 10.545003, "relative_strength": 14.279, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 59.427694, "energy": 46.127618, "activity_lines": [ 16.837333, 16.546909, 15.958476, 15.540509 ] }, { "date": "2026-05-29", "close": 17.3, "volume": 476668, "typical_volume": 406978.4, "trend": 15.029708, "fair_value": 10.581302, "relative_strength": 15.669705, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.482903, "energy": 46.868805, "activity_lines": [ 16.992667, 16.778, 16.117762, 15.695169 ] }, { "date": "2026-06-05", "close": 15.86, "volume": 648475, "typical_volume": 418962.1, "trend": 15.118801, "fair_value": 10.607305, "relative_strength": 8.065244, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 42.968026, "energy": 28.022345, "activity_lines": [ 16.616667, 16.682545, 16.127143, 15.748737 ] }, { "date": "2026-06-12", "close": 16.49, "volume": 374851, "typical_volume": 417072.25, "trend": 15.226929, "fair_value": 10.632795, "relative_strength": 10.931018, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 39.420801, "energy": 24.083532, "activity_lines": [ 16.521333, 16.674364, 16.192476, 15.837201 ] }, { "date": "2026-06-19", "close": 16.57, "volume": 223237, "typical_volume": 392669.4, "trend": 15.368491, "fair_value": 10.664414, "relative_strength": 9.648056, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 36.85679, "energy": 21.595087, "activity_lines": [ 16.513333, 16.653273, 16.261714, 15.923851 ] }, { "date": "2026-06-26", "close": 15.01, "volume": 289505, "typical_volume": 386714.3, "trend": 15.43056, "fair_value": 10.683196, "relative_strength": 1.216647, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 9.395416, "energy": 13.658029, "activity_lines": [ 15.988, 16.336909, 16.175714, 15.900722 ] }, { "date": "2026-07-03", "close": 15.13, "volume": 173052, "typical_volume": 383480.25, "trend": 15.482226, "fair_value": 10.701623, "relative_strength": -0.609242, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 0.511531, "energy": 12.922756, "activity_lines": [ 15.616, 16.080545, 16.101905, 15.881331 ] }, { "date": "2026-07-10", "close": 14.68, "volume": 224065, "typical_volume": 385905.8, "trend": 15.52053, "fair_value": 10.714329, "relative_strength": -5.210077, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -27.433347, "energy": 28.967007, "activity_lines": [ 15.238667, 15.767818, 15.986714, 15.829575 ] }, { "date": "2026-07-17", "close": 14.015, "volume": 286323, "typical_volume": 386340.75, "trend": 15.534048, "fair_value": 10.724131, "relative_strength": -8.315476, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -37.239537, "energy": 51.512687, "activity_lines": [ 14.718333, 15.374909, 15.812762, 15.732444 ] }, { "date": "2026-07-24", "close": 14.07, "volume": 297375, "typical_volume": 380372.5, "trend": 15.525833, "fair_value": 10.732513, "relative_strength": -7.645292, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -32.924847, "energy": 58.296585, "activity_lines": [ 14.381333, 15.053545, 15.654738, 15.637989 ] }, { "date": "2026-07-31", "close": 14.34, "volume": 182478, "typical_volume": 374035.2, "trend": 15.533833, "fair_value": 10.745226, "relative_strength": -7.204961, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -35.494619, "energy": 58.024268, "activity_lines": [ 14.301, 14.827455, 15.524952, 15.561484 ] }, { "date": "2026-08-07", "close": 15.42, "volume": 283007, "typical_volume": 372048.2, "trend": 15.5605, "fair_value": 10.769059, "relative_strength": -3.934791, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -57.579168, "energy": 46.906576, "activity_lines": [ 14.625333, 14.840818, 15.499452, 15.55414 ] } ], "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." } } }