{ "ticker": { "uuid": "9c2e56bf-681c-4618-97b0-79be267f2535", "symbol": "WBLK", "name": "WisdomTree Blockchain UCITS ETF - USD Acc", "exchange": "EBS", "country": "CH", "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": "^SSMI", "stage": 4, "stage_name": "Declining", "phase": "4a", "phase_label": "Stage 4A \u00b7 Breakdown", "transition": "stage_4_declining", "transition_label": "Stage 4 decline intact", "confidence": 63.528, "architecture_regime": "rotation_down", "architecture_regime_label": "Rotation Down", "architecture_modifier": "Supply rotation", "architecture_gate": "mixed", "architecture_direction": -26.808, "architecture_energy": 47.488, "architecture_maturity": 5.967, "architecture_confidence": 83.541, "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": 38.21, "rotation_up": 14.5, "upward_expansion": 23.26, "deceleration": 52.05, "rotation_down": 69.05, "downward_expansion": 52.92 }, "activity_lines": [ 52.440667, 54.113818, 55.962643, 55.254602 ], "activity_state": "Compressed", "activity_direction": "Expanding", "rotation_direction": "Weakening", "price_acceptance": -0.833333 }, "latest_close": 52.029999, "trend_reference": 54.745, "distance_from_trend": -0.049594, "trend_direction": "Weakening", "fair_value": 42.676397, "distance_from_fair_value": 0.219175, "fair_value_direction": "Weakening", "relative_strength": -18.075278, "relative_strength_direction": "Weakening", "price_momentum": 0.128633, "excess_performance": 0.04575, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.049594, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.012768, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.219175, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.291591, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.180753, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.225566, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.128633, "read": "Positive" }, { "label": "Volume balance", "positive": false, "value": 0.669142, "read": "Supply-led" } ], "volume": { "latest": 0, "relative_activity": 0.0, "balance": 0.669142, "dry_up": 0.242311, "accumulation_observations": 0, "distribution_observations": 1 }, "risk": { "range_context": 0.075186, "annualized_volatility": 0.44882, "from_high_reference": -0.303201, "from_low_reference": 0.146161 }, "levels": { "trend_reference": 54.745, "fair_value_reference": 42.676397, "structural_low": 45.395, "invalidation": "Reclaiming a flat-to-rising Trend with improving relative strength is required before the declining diagnosis is repaired." }, "outcomes": [ { "horizon": "Near term", "sample_count": 4, "median_return": -0.006108, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": 0.027092, "regime_survival": 0.5, "best_return": 0.1498, "worst_return": -0.11008, "sufficient": false }, { "horizon": "Intermediate", "sample_count": 2, "median_return": 0.279355, "positive_rate": 1.0, "directional_follow_through": 0.0, "median_excess_return": 0.312119, "regime_survival": 0.0, "best_return": 0.427655, "worst_return": 0.131054, "sufficient": false }, { "horizon": "Extended", "sample_count": 2, "median_return": 0.509693, "positive_rate": 1.0, "directional_follow_through": 0.0, "median_excess_return": 0.510451, "regime_survival": 0.0, "best_return": 0.572838, "worst_return": 0.446549, "sufficient": false }, { "horizon": "Full cycle", "sample_count": 1, "median_return": 0.758632, "positive_rate": 1.0, "directional_follow_through": 0.0, "median_excess_return": 0.758555, "regime_survival": 0.0, "best_return": 0.758632, "worst_return": 0.758632, "sufficient": false } ], "ledger": [ { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-11-01", "end": "2025-01-03", "tenure": "Developing", "return": 0.19591, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-01-10", "end": "2025-02-21", "tenure": "Developing", "return": 0.035397, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-02-28", "end": "2025-04-11", "tenure": "Developing", "return": -0.163976, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-04-18", "end": "2025-05-30", "tenure": "Developing", "return": 0.346957, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-06-06", "end": "2025-07-11", "tenure": "Developing", "return": 0.115444, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-07-18", "end": "2025-11-14", "tenure": "Established", "return": 0.032626, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-11-21", "end": "2026-01-09", "tenure": "Developing", "return": 0.150677, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-01-16", "end": "2026-01-30", "tenure": "New", "return": -0.084471, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-02-06", "end": "2026-04-24", "tenure": "Developing", "return": 0.24295, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-05-01", "end": "2026-05-08", "tenure": "New", "return": 0.10535, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2026-05-15", "end": "2026-06-12", "tenure": "Developing", "return": 0.010851, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-06-19", "end": "2026-07-03", "tenure": "New", "return": -0.117827, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-07-10", "end": "2026-07-31", "tenure": "New", "return": -0.061942, "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": 20.344999, "volume": 0, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-08-25", "close": 19.275999, "volume": 0, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-09-01", "close": 20.73, "volume": 15, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-09-08", "close": 19.486, "volume": 50, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-09-15", "close": 19.25, "volume": 0, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-09-22", "close": 17.576, "volume": 0, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-09-29", "close": 17.656, "volume": 3921, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-10-06", "close": 16.892, "volume": 0, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-10-13", "close": 16.48, "volume": 0, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-10-20", "close": 16.716, "volume": 0, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-10-27", "close": 17.4, "volume": 25, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-11-03", "close": 18.098, "volume": 0, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-11-10", "close": 18.044001, "volume": 0, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-11-17", "close": 18.384001, "volume": 0, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-11-24", "close": 20.25, "volume": 0, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-12-01", "close": 23.030001, "volume": 129, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-12-08", "close": 26.805, "volume": 115, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-12-15", "close": 27.76, "volume": 0, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-12-22", "close": 32.259998, "volume": 70, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-12-29", "close": 31.915001, "volume": 0, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-01-05", "close": 29.275, "volume": 115, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-01-12", "close": 26.514999, "volume": 0, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-01-19", "close": 22.68, "volume": 0, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-01-26", "close": 24.575001, "volume": 0, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-02-02", "close": 24.82, "volume": 0, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-02-09", "close": 28.905001, "volume": 0, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-02-16", "close": 34.0, "volume": 76, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-02-23", "close": 32.189999, "volume": 0, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-03-01", "close": 33.02, "volume": 0, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-03-08", "close": 32.82, "volume": 0, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-03-15", "close": 31.1, "volume": 0, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-03-22", "close": 34.560001, "volume": 0, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-03-29", "close": 36.355, "volume": 0, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-04-05", "close": 32.599998, "volume": 0, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-04-12", "close": 31.26, "volume": 0, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-04-19", "close": 29.4, "volume": 0, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-04-26", "close": 31.99, "volume": 0, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-05-03", "close": 30.049999, "volume": 30, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-05-10", "close": 30.295, "volume": 0, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-05-17", "close": 31.665001, "volume": 0, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-05-24", "close": 32.834999, "volume": 0, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-05-31", "close": 32.07, "volume": 0, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-06-07", "close": 35.154999, "volume": 0, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-06-14", "close": 36.110001, "volume": 0, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-06-21", "close": 36.509998, "volume": 0, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-06-28", "close": 36.334999, "volume": 0, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-07-05", "close": 35.509998, "volume": 1784, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-07-12", "close": 36.544998, "volume": 0, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-07-19", "close": 39.639999, "volume": 0, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-07-26", "close": 37.025002, "volume": 0, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-08-02", "close": 32.740002, "volume": 0, "typical_volume": 90.7, "trend": 32.309166, "fair_value": 24.996862, "relative_strength": 13.870718, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 33.50941, "energy": 32.865978, "activity_lines": [ 35.954667, 36.091727, 34.745428, 33.918957 ] }, { "date": "2024-08-09", "close": 30.41, "volume": 0, "typical_volume": 90.7, "trend": 32.439, "fair_value": 25.063691, "relative_strength": 5.502633, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "up", "direction": 3.113985, "energy": 10.659239, "activity_lines": [ 33.994001, 35.118273, 34.409952, 33.79643 ] }, { "date": "2024-08-16", "close": 30.77, "volume": 0, "typical_volume": 90.7, "trend": 32.708666, "fair_value": 25.13328, "relative_strength": 3.394464, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -23.863728, "energy": 35.343726, "activity_lines": [ 32.493334, 34.240455, 34.128524, 33.688752 ] }, { "date": "2024-08-23", "close": 32.555, "volume": 0, "typical_volume": 90.7, "trend": 32.974666, "fair_value": 25.222699, "relative_strength": 7.245148, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -20.802449, "energy": 37.85879, "activity_lines": [ 31.972667, 33.766909, 34.04369, 33.678838 ] }, { "date": "2024-08-30", "close": 31.514999, "volume": 0, "typical_volume": 90.7, "trend": 33.197833, "fair_value": 25.297607, "relative_strength": 2.543806, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -25.351391, "energy": 39.451203, "activity_lines": [ 31.577666, 33.168909, 33.860024, 33.584666 ] }, { "date": "2024-09-06", "close": 28.705, "volume": 0, "typical_volume": 90.7, "trend": 33.191166, "fair_value": 25.337694, "relative_strength": -2.931812, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -46.419446, "energy": 65.894341, "activity_lines": [ 30.613333, 32.150818, 33.407524, 33.294806 ] }, { "date": "2024-09-13", "close": 31.305, "volume": 0, "typical_volume": 90.7, "trend": 33.101333, "fair_value": 25.407081, "relative_strength": 4.015366, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -24.641437, "energy": 45.396492, "activity_lines": [ 30.784666, 31.744182, 33.205952, 33.173118 ] }, { "date": "2024-09-20", "close": 32.235001, "volume": 0, "typical_volume": 89.2, "trend": 33.102833, "fair_value": 25.485563, "relative_strength": 7.120945, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -30.511968, "energy": 32.432276, "activity_lines": [ 31.206334, 31.583091, 33.096214, 33.117226 ] }, { "date": "2024-09-27", "close": 34.514999, "volume": 0, "typical_volume": 89.2, "trend": 33.152666, "fair_value": 25.58817, "relative_strength": 10.86155, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": 1.405116, "energy": 10.655174, "activity_lines": [ 32.290333, 31.914909, 33.193214, 33.208333 ] }, { "date": "2024-10-04", "close": 33.005001, "volume": 0, "typical_volume": 89.2, "trend": 33.158833, "fair_value": 25.671506, "relative_strength": 7.139903, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -4.382619, "energy": 11.270655, "activity_lines": [ 32.740334, 32.065364, 33.126309, 33.198806 ] }, { "date": "2024-10-11", "close": 33.889999, "volume": 0, "typical_volume": 89.2, "trend": 33.251833, "fair_value": 25.762822, "relative_strength": 7.562498, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 0.659699, "energy": 14.561337, "activity_lines": [ 33.386, 32.449818, 33.137309, 33.245978 ] }, { "date": "2024-10-18", "close": 37.619999, "volume": 0, "typical_volume": 89.2, "trend": 33.353833, "fair_value": 25.893121, "relative_strength": 16.48802, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 59.184294, "energy": 44.619516, "activity_lines": [ 34.929333, 33.491545, 33.498524, 33.527795 ] }, { "date": "2024-10-25", "close": 39.0, "volume": 0, "typical_volume": 89.2, "trend": 33.442, "fair_value": 26.035587, "relative_strength": 20.83194, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 85.452781, "energy": 81.140365, "activity_lines": [ 36.511666, 34.653091, 33.964738, 33.892064 ] }, { "date": "2024-11-01", "close": 38.384998, "volume": 0, "typical_volume": 89.2, "trend": 33.634833, "fair_value": 26.168376, "relative_strength": 19.779416, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 78.070466, "energy": 85.447738, "activity_lines": [ 37.437999, 35.553181, 34.354071, 34.210967 ] }, { "date": "2024-11-08", "close": 43.415001, "volume": 0, "typical_volume": 89.2, "trend": 34.04, "fair_value": 26.351851, "relative_strength": 35.50409, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 94.092916, "energy": 97.143528, "activity_lines": [ 39.783, 37.261818, 35.211619, 34.841946 ] }, { "date": "2024-11-15", "close": 47.310001, "volume": 238, "typical_volume": 101.1, "trend": 34.637, "fair_value": 26.572463, "relative_strength": 47.369054, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 95.446813, "energy": 97.587921, "activity_lines": [ 42.732333, 39.462273, 36.407238, 35.698075 ] }, { "date": "2024-11-22", "close": 49.915001, "volume": 0, "typical_volume": 11.9, "trend": 35.2345, "fair_value": 26.815614, "relative_strength": 51.760669, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 94.864511, "energy": 97.81603, "activity_lines": [ 45.655334, 41.798091, 37.798691, 36.683753 ] }, { "date": "2024-11-29", "close": 52.529999, "volume": 37, "typical_volume": 13.75, "trend": 35.983833, "fair_value": 27.080711, "relative_strength": 56.543594, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 93.773801, "energy": 97.685081, "activity_lines": [ 48.630333, 44.271, 39.370595, 37.799591 ] }, { "date": "2024-12-06", "close": 54.57, "volume": 20, "typical_volume": 14.75, "trend": 36.793, "fair_value": 27.361214, "relative_strength": 60.010519, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 90.766451, "energy": 96.658871, "activity_lines": [ 51.383333, 46.745818, 41.060667, 38.998699 ] }, { "date": "2024-12-13", "close": 53.48, "volume": 480, "typical_volume": 38.75, "trend": 37.520166, "fair_value": 27.62504, "relative_strength": 55.804577, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 76.047613, "energy": 91.432358, "activity_lines": [ 52.694, 48.657818, 42.575833, 40.075279 ] }, { "date": "2024-12-20", "close": 48.875, "volume": 0, "typical_volume": 38.75, "trend": 38.054833, "fair_value": 27.83754, "relative_strength": 44.929844, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 68.251797, "energy": 70.071782, "activity_lines": [ 51.798667, 49.360273, 43.574071, 40.807849 ] }, { "date": "2024-12-27", "close": 48.220001, "volume": 100, "typical_volume": 43.75, "trend": 38.593167, "fair_value": 28.039346, "relative_strength": 39.294118, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.906767, "energy": 65.347569, "activity_lines": [ 50.580667, 49.671182, 44.433095, 41.463667 ] }, { "date": "2025-01-03", "close": 45.904999, "volume": 50, "typical_volume": 46.25, "trend": 38.9515, "fair_value": 28.2145, "relative_strength": 31.086934, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 50.865826, "energy": 49.595413, "activity_lines": [ 48.704, 49.368455, 44.986833, 41.935398 ] }, { "date": "2025-01-10", "close": 45.625, "volume": 0, "typical_volume": 46.25, "trend": 39.268666, "fair_value": 28.383534, "relative_strength": 27.208372, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 41.957555, "energy": 30.101693, "activity_lines": [ 47.175667, 48.889273, 45.441833, 42.365946 ] }, { "date": "2025-01-17", "close": 51.07, "volume": 0, "typical_volume": 46.25, "trend": 39.754, "fair_value": 28.601673, "relative_strength": 38.091237, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 53.224364, "energy": 34.557481, "activity_lines": [ 48.058667, 49.268455, 46.353167, 43.127323 ] }, { "date": "2025-01-24", "close": 51.560001, "volume": 100, "typical_volume": 51.25, "trend": 40.2615, "fair_value": 28.820324, "relative_strength": 34.338657, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 56.240679, "energy": 39.303765, "activity_lines": [ 49.265667, 49.597546, 47.218048, 43.889 ] }, { "date": "2025-01-31", "close": 48.904999, "volume": 20, "typical_volume": 52.25, "trend": 40.708, "fair_value": 29.009802, "relative_strength": 23.019481, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 54.278243, "energy": 39.518328, "activity_lines": [ 49.408667, 49.366636, 47.721238, 44.446645 ] }, { "date": "2025-02-07", "close": 47.830002, "volume": 100, "typical_volume": 57.25, "trend": 41.084167, "fair_value": 29.185692, "relative_strength": 19.483267, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 54.730138, "energy": 41.888996, "activity_lines": [ 49.147667, 48.958637, 48.038238, 44.906129 ] }, { "date": "2025-02-14", "close": 48.529999, "volume": 0, "typical_volume": 57.25, "trend": 41.3805, "fair_value": 29.364805, "relative_strength": 18.350317, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 52.970233, "energy": 38.728761, "activity_lines": [ 48.991667, 48.763364, 48.347643, 45.386505 ] }, { "date": "2025-02-21", "close": 47.240002, "volume": 548, "typical_volume": 84.65, "trend": 41.721, "fair_value": 29.528798, "relative_strength": 13.656411, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 28.159042, "energy": 19.613974, "activity_lines": [ 48.212001, 48.443364, 48.467453, 45.764538 ] }, { "date": "2025-02-28", "close": 39.334999, "volume": 2671, "typical_volume": 218.2, "trend": 41.940833, "fair_value": 29.617945, "relative_strength": -5.854858, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "up", "direction": -17.101337, "energy": 24.051434, "activity_lines": [ 45.052667, 46.799546, 47.766619, 45.610602 ] }, { "date": "2025-03-07", "close": 37.865002, "volume": 489, "typical_volume": 242.65, "trend": 42.189333, "fair_value": 29.692243, "relative_strength": -9.915474, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "up", "direction": -25.612492, "energy": 45.104838, "activity_lines": [ 42.218334, 45.06191, 46.899857, 45.347645 ] }, { "date": "2025-03-14", "close": 36.669998, "volume": 250, "typical_volume": 255.15, "trend": 42.386, "fair_value": 29.754545, "relative_strength": -11.771302, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -45.033319, "energy": 70.563073, "activity_lines": [ 39.721667, 43.295273, 45.918119, 44.991559 ] }, { "date": "2025-03-21", "close": 36.669998, "volume": 0, "typical_volume": 255.15, "trend": 42.523167, "fair_value": 29.815743, "relative_strength": -12.757207, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -40.020427, "energy": 77.43397, "activity_lines": [ 37.968999, 41.696545, 44.947476, 44.622785 ] }, { "date": "2025-03-28", "close": 35.005001, "volume": 30, "typical_volume": 256.65, "trend": 42.6395, "fair_value": 29.861263, "relative_strength": -15.004779, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -51.138285, "energy": 81.814969, "activity_lines": [ 36.452, 39.957909, 43.826429, 44.137742 ] }, { "date": "2025-04-04", "close": 31.41, "volume": 0, "typical_volume": 244.75, "trend": 42.729667, "fair_value": 29.87473, "relative_strength": -15.861888, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -61.643624, "energy": 85.462955, "activity_lines": [ 34.552333, 37.857727, 42.403048, 43.413258 ] }, { "date": "2025-04-11", "close": 32.884998, "volume": 267, "typical_volume": 258.1, "trend": 42.782333, "fair_value": 29.900681, "relative_strength": -8.803184, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -75.324646, "energy": 90.001055, "activity_lines": [ 33.672666, 36.39209, 41.195857, 42.778118 ] }, { "date": "2025-04-18", "close": 33.029999, "volume": 0, "typical_volume": 256.25, "trend": 42.808833, "fair_value": 29.927427, "relative_strength": -11.830638, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -70.883918, "energy": 88.744341, "activity_lines": [ 33.173332, 35.24409, 40.083571, 42.148935 ] }, { "date": "2025-04-25", "close": 36.540001, "volume": 0, "typical_volume": 255.25, "trend": 42.876333, "fair_value": 29.983466, "relative_strength": -4.893545, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.408115, "energy": 78.633574, "activity_lines": [ 34.086666, 35.003363, 39.398428, 41.744495 ] }, { "date": "2025-05-02", "close": 38.224998, "volume": 0, "typical_volume": 231.25, "trend": 43.050333, "fair_value": 30.052723, "relative_strength": -3.301226, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -54.187137, "energy": 55.812054, "activity_lines": [ 35.570332, 35.286999, 38.959619, 41.444408 ] }, { "date": "2025-05-09", "close": 39.555, "volume": 0, "typical_volume": 231.25, "trend": 43.239167, "fair_value": 30.131908, "relative_strength": 1.022894, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -45.196947, "energy": 36.03647, "activity_lines": [ 37.282666, 35.976363, 38.720119, 41.218903 ] }, { "date": "2025-05-16", "close": 43.060001, "volume": 0, "typical_volume": 226.25, "trend": 43.4205, "fair_value": 30.238752, "relative_strength": 7.217922, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -15.252481, "energy": 32.446957, "activity_lines": [ 39.620333, 37.299, 38.858809, 41.207344 ] }, { "date": "2025-05-23", "close": 44.965, "volume": 9605, "typical_volume": 704.0, "trend": 43.619333, "fair_value": 30.359459, "relative_strength": 12.591969, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": 4.984568, "energy": 30.70644, "activity_lines": [ 41.914667, 38.873545, 39.2035, 41.306989 ] }, { "date": "2025-05-30", "close": 44.490002, "volume": 13, "typical_volume": 704.65, "trend": 43.822833, "fair_value": 30.474341, "relative_strength": 10.516582, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": 16.613245, "energy": 42.016422, "activity_lines": [ 43.255001, 40.210909, 39.507429, 41.363161 ] }, { "date": "2025-06-06", "close": 48.465, "volume": 136, "typical_volume": 711.45, "trend": 43.991167, "fair_value": 30.619427, "relative_strength": 18.310742, "stage": 3, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 53.385556, "energy": 70.73348, "activity_lines": [ 45.390334, 42.128818, 40.195333, 41.662656 ] }, { "date": "2025-06-13", "close": 48.470001, "volume": 0, "typical_volume": 706.45, "trend": 44.029833, "fair_value": 30.762232, "relative_strength": 19.777401, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 48.315884, "energy": 81.282235, "activity_lines": [ 46.844667, 43.80291, 40.896119, 41.951613 ] }, { "date": "2025-06-20", "close": 48.040001, "volume": 50, "typical_volume": 707.95, "trend": 43.967333, "fair_value": 30.899357, "relative_strength": 20.759575, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 38.630542, "energy": 77.700247, "activity_lines": [ 47.561334, 45.088637, 41.570667, 42.210333 ] }, { "date": "2025-06-27", "close": 49.305, "volume": 0, "typical_volume": 702.95, "trend": 43.859833, "fair_value": 31.044283, "relative_strength": 22.050546, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 44.035687, "energy": 79.703701, "activity_lines": [ 48.367667, 46.328819, 42.36981, 42.554699 ] }, { "date": "2025-07-04", "close": 53.82, "volume": 0, "typical_volume": 702.95, "trend": 43.834833, "fair_value": 31.222219, "relative_strength": 32.156781, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 68.392228, "energy": 88.016271, "activity_lines": [ 50.389667, 48.094, 43.591929, 43.19729 ] }, { "date": "2025-07-11", "close": 54.060001, "volume": 0, "typical_volume": 675.55, "trend": 43.854167, "fair_value": 31.399256, "relative_strength": 31.961557, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 91.093866, "energy": 96.396028, "activity_lines": [ 51.869667, 49.588637, 44.811715, 43.856979 ] }, { "date": "2025-07-18", "close": 56.09, "volume": 38, "typical_volume": 543.9, "trend": 44.094667, "fair_value": 31.589185, "relative_strength": 35.316834, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 91.673655, "energy": 96.81254, "activity_lines": [ 53.653334, 51.164455, 46.192357, 44.646387 ] }, { "date": "2025-07-25", "close": 56.669998, "volume": 0, "typical_volume": 519.45, "trend": 44.376333, "fair_value": 31.780641, "relative_strength": 35.732437, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 86.460523, "energy": 95.160449, "activity_lines": [ 55.122333, 52.545091, 47.548452, 45.457699 ] }, { "date": "2025-08-01", "close": 55.200001, "volume": 40, "typical_volume": 508.95, "trend": 44.686167, "fair_value": 31.958061, "relative_strength": 32.161258, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 68.556317, "energy": 88.553563, "activity_lines": [ 55.526, 53.411, 48.675, 46.156 ] }, { "date": "2025-08-08", "close": 53.48, "volume": 302, "typical_volume": 524.05, "trend": 44.948, "fair_value": 32.11988, "relative_strength": 26.371618, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.856343, "energy": 67.456075, "activity_lines": [ 54.963333, 53.778091, 49.5495, 46.723344 ] }, { "date": "2025-08-15", "close": 54.700001, "volume": 0, "typical_volume": 522.55, "trend": 45.069, "fair_value": 32.288388, "relative_strength": 25.674055, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.039095, "energy": 65.822594, "activity_lines": [ 54.83, 54.203546, 50.460143, 47.352506 ] }, { "date": "2025-08-22", "close": 56.200001, "volume": 300, "typical_volume": 537.55, "trend": 45.223667, "fair_value": 32.465511, "relative_strength": 25.808765, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 77.035015, "energy": 69.034185, "activity_lines": [ 55.154001, 54.788364, 51.419857, 48.070635 ] }, { "date": "2025-08-29", "close": 56.900002, "volume": 10, "typical_volume": 524.7, "trend": 45.490167, "fair_value": 32.645176, "relative_strength": 26.754712, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 78.4853, "energy": 69.290572, "activity_lines": [ 55.704001, 55.35991, 52.328191, 48.823947 ] }, { "date": "2025-09-05", "close": 53.860001, "volume": 0, "typical_volume": 524.7, "trend": 45.691167, "fair_value": 32.800029, "relative_strength": 17.02039, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 62.796173, "energy": 63.255432, "activity_lines": [ 55.225335, 55.217637, 52.832643, 49.363936 ] }, { "date": "2025-09-12", "close": 59.369999, "volume": 0, "typical_volume": 524.7, "trend": 46.0525, "fair_value": 32.992565, "relative_strength": 29.344775, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 86.849524, "energy": 72.176068, "activity_lines": [ 56.672667, 55.994364, 53.762667, 50.246441 ] }, { "date": "2025-09-19", "close": 63.0, "volume": 0, "typical_volume": 524.7, "trend": 46.577833, "fair_value": 33.208446, "relative_strength": 36.463537, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 92.405771, "energy": 75.44627, "activity_lines": [ 58.937334, 57.330182, 54.929691, 51.339828 ] }, { "date": "2025-09-26", "close": 60.639999, "volume": 9, "typical_volume": 525.15, "trend": 47.288, "fair_value": 33.404386, "relative_strength": 31.82791, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 74.535601, "energy": 69.065675, "activity_lines": [ 59.862, 58.074364, 55.753976, 52.247065 ] }, { "date": "2025-10-03", "close": 67.830002, "volume": 0, "typical_volume": 525.15, "trend": 48.286833, "fair_value": 33.648539, "relative_strength": 38.801545, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 94.947779, "energy": 81.951171, "activity_lines": [ 62.887334, 60.043091, 57.162619, 53.572355 ] }, { "date": "2025-10-10", "close": 70.68, "volume": 0, "typical_volume": 44.9, "trend": 49.4205, "fair_value": 33.909324, "relative_strength": 42.91018, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 93.630022, "energy": 96.213039, "activity_lines": [ 66.134, 62.327091, 58.724738, 55.017076 ] }, { "date": "2025-10-17", "close": 68.449997, "volume": 5780, "typical_volume": 333.25, "trend": 50.479833, "fair_value": 34.150867, "relative_strength": 35.068251, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 75.758613, "energy": 72.779229, "activity_lines": [ 67.515999, 63.924182, 59.952024, 56.244785 ] }, { "date": "2025-10-24", "close": 67.110001, "volume": 304, "typical_volume": 341.65, "trend": 51.55, "fair_value": 34.37975, "relative_strength": 31.874839, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.971164, "energy": 67.802669, "activity_lines": [ 67.846, 65.005454, 60.937595, 57.317699 ] }, { "date": "2025-10-31", "close": 69.980003, "volume": 0, "typical_volume": 341.65, "trend": 52.835667, "fair_value": 34.625269, "relative_strength": 39.599321, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 73.590323, "energy": 68.682257, "activity_lines": [ 68.858667, 66.38291, 62.107715, 58.506732 ] }, { "date": "2025-11-07", "close": 63.16, "volume": 1231, "typical_volume": 400.7, "trend": 53.844834, "fair_value": 34.820712, "relative_strength": 24.489792, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.412406, "energy": 53.643491, "activity_lines": [ 66.975334, 66.269819, 62.525881, 59.172818 ] }, { "date": "2025-11-14", "close": 57.919998, "volume": 3160, "typical_volume": 558.7, "trend": 54.6745, "fair_value": 34.97785, "relative_strength": 10.859693, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 34.552694, "energy": 26.252714, "activity_lines": [ 63.656667, 65.090182, 62.373, 59.435731 ] }, { "date": "2025-11-21", "close": 51.700001, "volume": 469, "typical_volume": 582.15, "trend": 55.179834, "fair_value": 35.090838, "relative_strength": -0.955474, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -0.774281, "energy": 17.184699, "activity_lines": [ 59.115334, 62.705818, 61.586714, 59.243828 ] }, { "date": "2025-11-28", "close": 59.27, "volume": 24991, "typical_volume": 1831.7, "trend": 55.881334, "fair_value": 35.253114, "relative_strength": 11.686385, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 16.480299, "energy": 27.173609, "activity_lines": [ 58.214, 61.837273, 61.531476, 59.50771 ] }, { "date": "2025-12-05", "close": 59.23, "volume": 501, "typical_volume": 1854.85, "trend": 56.537167, "fair_value": 35.41296, "relative_strength": 10.755649, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 5.471369, "energy": 23.401542, "activity_lines": [ 57.822, 61.029273, 61.447619, 59.723753 ] }, { "date": "2025-12-12", "close": 59.400002, "volume": 117, "typical_volume": 1860.7, "trend": 57.081834, "fair_value": 35.571815, "relative_strength": 11.475628, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 4.752206, "energy": 19.630796, "activity_lines": [ 58.203334, 60.277819, 61.365, 59.908452 ] }, { "date": "2025-12-19", "close": 55.59, "volume": 0, "typical_volume": 1858.7, "trend": 57.436, "fair_value": 35.703513, "relative_strength": 2.107599, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -3.597521, "energy": 13.319479, "activity_lines": [ 57.565334, 58.986909, 60.906524, 59.812205 ] }, { "date": "2025-12-26", "close": 56.650002, "volume": 611, "typical_volume": 1874.15, "trend": 57.841334, "fair_value": 35.840418, "relative_strength": 3.440775, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -17.719264, "energy": 18.035555, "activity_lines": [ 57.436001, 58.163092, 60.547143, 59.761495 ] }, { "date": "2026-01-02", "close": 54.939999, "volume": 0, "typical_volume": 1874.15, "trend": 58.057167, "fair_value": 35.964442, "relative_strength": 0.042529, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -24.218282, "energy": 27.915649, "activity_lines": [ 56.406667, 57.24291, 60.00981, 59.574312 ] }, { "date": "2026-01-09", "close": 59.490002, "volume": 670, "typical_volume": 1892.65, "trend": 58.4245, "fair_value": 36.116219, "relative_strength": 6.802695, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -15.429925, "energy": 17.779836, "activity_lines": [ 57.182668, 57.371273, 59.904667, 59.666753 ] }, { "date": "2026-01-16", "close": 62.98, "volume": 0, "typical_volume": 1892.15, "trend": 58.9225, "fair_value": 36.288423, "relative_strength": 12.909589, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 15.149261, "energy": 8.958646, "activity_lines": [ 59.104667, 58.32491, 60.116239, 59.960656 ] }, { "date": "2026-01-23", "close": 60.5, "volume": 1056, "typical_volume": 1944.95, "trend": 59.295667, "fair_value": 36.547109, "relative_strength": 10.454611, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 9.75418, "energy": 10.774845, "activity_lines": [ 59.961334, 58.83091, 60.062667, 60.06243 ] }, { "date": "2026-01-30", "close": 57.66, "volume": 240, "typical_volume": 1956.95, "trend": 59.423667, "fair_value": 36.763391, "relative_strength": 4.704598, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -6.570234, "energy": 13.031832, "activity_lines": [ 59.544, 58.773637, 59.707, 59.956904 ] }, { "date": "2026-02-06", "close": 46.099998, "volume": 320, "typical_volume": 1972.95, "trend": 59.158334, "fair_value": 36.936763, "relative_strength": -17.665378, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -78.908943, "energy": 57.160595, "activity_lines": [ 55.205999, 56.506182, 58.258524, 59.097312 ] }, { "date": "2026-02-13", "close": 49.674999, "volume": 434, "typical_volume": 1994.2, "trend": 58.9445, "fair_value": 37.125737, "relative_strength": -12.331508, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -72.709777, "energy": 75.119039, "activity_lines": [ 52.648999, 55.128182, 57.231, 58.485484 ] }, { "date": "2026-02-20", "close": 49.27, "volume": 430, "typical_volume": 2015.7, "trend": 58.697834, "fair_value": 37.319506, "relative_strength": -14.634958, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -70.286888, "energy": 83.230153, "activity_lines": [ 50.611333, 53.850272, 56.217119, 57.861323 ] }, { "date": "2026-02-27", "close": 49.990002, "volume": 0, "typical_volume": 2015.7, "trend": 58.524167, "fair_value": 37.528724, "relative_strength": -14.556582, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.678189, "energy": 84.75449, "activity_lines": [ 49.727667, 52.887455, 55.360191, 57.299527 ] }, { "date": "2026-03-06", "close": 52.5, "volume": 126, "typical_volume": 1733.0, "trend": 58.4915, "fair_value": 37.765776, "relative_strength": -4.460987, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.290433, "energy": 78.722619, "activity_lines": [ 50.381334, 52.482818, 54.840834, 56.910871 ] }, { "date": "2026-03-13", "close": 50.799999, "volume": 0, "typical_volume": 1717.8, "trend": 58.3615, "fair_value": 37.986686, "relative_strength": -6.189878, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.231374, "energy": 61.9188, "activity_lines": [ 50.812333, 51.844545, 54.235524, 56.414645 ] }, { "date": "2026-03-20", "close": 50.389999, "volume": 0, "typical_volume": 1717.8, "trend": 58.167834, "fair_value": 38.205712, "relative_strength": -3.597698, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.29958, "energy": 49.128556, "activity_lines": [ 50.793333, 51.207, 53.668833, 55.900355 ] }, { "date": "2026-03-27", "close": 46.025002, "volume": 15, "typical_volume": 1657.0, "trend": 57.805333, "fair_value": 38.391, "relative_strength": -14.0589, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -79.782599, "energy": 56.928217, "activity_lines": [ 49.271667, 49.941273, 52.779714, 55.116946 ] }, { "date": "2026-04-03", "close": 46.810001, "volume": 0, "typical_volume": 1499.0, "trend": 57.570333, "fair_value": 38.584397, "relative_strength": -15.711099, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -72.155285, "energy": 58.347383, "activity_lines": [ 48.228001, 49.126546, 52.046953, 54.40757 ] }, { "date": "2026-04-10", "close": 50.189999, "volume": 0, "typical_volume": 1475.55, "trend": 57.264333, "fair_value": 38.778205, "relative_strength": -11.356118, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.237048, "energy": 52.722174, "activity_lines": [ 48.523, 49.175273, 51.689, 53.93142 ] }, { "date": "2026-04-17", "close": 57.34, "volume": 5, "typical_volume": 226.25, "trend": 57.075667, "fair_value": 39.029538, "relative_strength": -1.200372, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -23.961515, "energy": 22.992179, "activity_lines": [ 51.355333, 50.659818, 52.019191, 53.936301 ] }, { "date": "2026-04-24", "close": 57.299999, "volume": 5704, "typical_volume": 486.4, "trend": 56.964333, "fair_value": 39.283436, "relative_strength": 0.082634, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -6.517057, "energy": 16.639979, "activity_lines": [ 53.738333, 51.932727, 52.354762, 53.950774 ] }, { "date": "2026-05-01", "close": 54.389999, "volume": 2422, "typical_volume": 601.65, "trend": 56.516333, "fair_value": 39.519, "relative_strength": -5.186557, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -7.722677, "energy": 24.363385, "activity_lines": [ 54.690666, 52.537909, 52.422381, 53.784688 ] }, { "date": "2026-05-08", "close": 60.119999, "volume": 112, "typical_volume": 607.25, "trend": 56.164333, "fair_value": 39.794385, "relative_strength": 4.481371, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 41.125769, "energy": 46.389014, "activity_lines": [ 56.995332, 54.091818, 53.059571, 54.017183 ] }, { "date": "2026-05-15", "close": 59.900002, "volume": 437, "typical_volume": 598.55, "trend": 55.879334, "fair_value": 40.063423, "relative_strength": 2.690112, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 40.479528, "energy": 69.341582, "activity_lines": [ 58.339333, 55.421545, 53.654238, 54.258194 ] }, { "date": "2026-05-22", "close": 60.66, "volume": 0, "typical_volume": 598.55, "trend": 55.664333, "fair_value": 40.337538, "relative_strength": 1.456723, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 39.897734, "energy": 69.116306, "activity_lines": [ 59.289333, 56.754909, 54.305809, 54.566624 ] }, { "date": "2026-05-29", "close": 63.639999, "volume": 385, "typical_volume": 584.3, "trend": 55.453, "fair_value": 40.625179, "relative_strength": 5.644215, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 57.886642, "energy": 79.901018, "activity_lines": [ 61.011333, 58.450818, 55.213952, 55.081183 ] }, { "date": "2026-06-05", "close": 56.700001, "volume": 0, "typical_volume": 584.3, "trend": 55.237667, "fair_value": 40.872872, "relative_strength": -4.920543, "stage": 3, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 35.852169, "energy": 51.744779, "activity_lines": [ 59.997334, 58.644, 55.441381, 55.161634 ] }, { "date": "2026-06-12", "close": 60.549999, "volume": 0, "typical_volume": 531.5, "trend": 55.325333, "fair_value": 41.145115, "relative_strength": -1.01549, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 65.771194, "energy": 50.444939, "activity_lines": [ 60.112667, 59.343091, 56.065381, 55.504366 ] }, { "date": "2026-06-19", "close": 62.209999, "volume": 72, "typical_volume": 523.1, "trend": 55.675667, "fair_value": 41.412103, "relative_strength": 1.006433, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 71.824467, "energy": 52.099847, "activity_lines": [ 60.752666, 60.094182, 56.847238, 55.948538 ] }, { "date": "2026-06-26", "close": 58.029999, "volume": 0, "typical_volume": 507.1, "trend": 55.634333, "fair_value": 41.646397, "relative_strength": -8.42258, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 46.543777, "energy": 31.398124, "activity_lines": [ 59.845333, 59.866727, 57.209333, 56.10043 ] }, { "date": "2026-07-03", "close": 54.880001, "volume": 1044, "typical_volume": 537.6, "trend": 55.489333, "fair_value": 41.847423, "relative_strength": -14.65032, "stage": 4, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 31.462941, "energy": 19.688159, "activity_lines": [ 58.063333, 59.054, 57.214619, 56.051763 ] }, { "date": "2026-07-10", "close": 54.889999, "volume": 14, "typical_volume": 516.8, "trend": 55.339, "fair_value": 42.008929, "relative_strength": -13.248735, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 22.082269, "energy": 17.925105, "activity_lines": [ 56.868666, 58.287091, 57.196071, 56.013097 ] }, { "date": "2026-07-17", "close": 50.380001, "volume": 0, "typical_volume": 516.8, "trend": 55.165333, "fair_value": 42.152808, "relative_strength": -20.577981, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -33.67829, "energy": 34.626571, "activity_lines": [ 54.291333, 56.691091, 56.721238, 55.693161 ] }, { "date": "2026-07-24", "close": 54.950001, "volume": 520, "typical_volume": 536.5, "trend": 55.108667, "fair_value": 42.328064, "relative_strength": -12.931291, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -15.61035, "energy": 28.030345, "activity_lines": [ 53.915334, 56.103091, 56.679786, 55.679269 ] }, { "date": "2026-07-31", "close": 51.490002, "volume": 0, "typical_volume": 536.5, "trend": 54.993667, "fair_value": 42.495276, "relative_strength": -18.13734, "stage": 4, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -28.649971, "energy": 37.19702, "activity_lines": [ 52.870001, 54.976, 56.297143, 55.445807 ] }, { "date": "2026-08-07", "close": 52.029999, "volume": 0, "typical_volume": 536.5, "trend": 54.745, "fair_value": 42.676397, "relative_strength": -18.075278, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -26.80786, "energy": 47.487873, "activity_lines": [ 52.440667, 54.113818, 55.962643, 55.254602 ] } ], "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." } } }