{ "ticker": { "uuid": "9ef5bb85-2967-4b2b-9af1-b47655f64ae9", "symbol": "URNG", "name": "Global X Uranium UCITS ETF USD Acc", "exchange": "LSE", "country": "GB", "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": "^FTSE", "stage": 4, "stage_name": "Declining", "phase": "4a", "phase_label": "Stage 4A \u00b7 Breakdown", "transition": "stage_4_declining", "transition_label": "Stage 4 decline intact", "confidence": 91.031, "architecture_regime": "downward_expansion", "architecture_regime_label": "Downward Expansion", "architecture_modifier": "Early contraction", "architecture_gate": "down", "architecture_direction": -64.519, "architecture_energy": 64.392, "architecture_maturity": 17.998, "architecture_confidence": 89.931, "architecture_tenure": "Developing", "architecture": { "interpretation": { "headline": "The weekly architecture is expanding downward.", "body": "Trend and Activity show sustained negative alignment with weak price acceptance. Repair requires persistent improvement across the structure, not merely one strong observation." }, "scores": { "balance": 9.75, "rotation_up": 15.28, "upward_expansion": 12.83, "deceleration": 42.2, "rotation_down": 68.65, "downward_expansion": 88.5 }, "activity_lines": [ 18.6612, 19.1146, 20.604562, 21.408178 ], "activity_state": "Wide", "activity_direction": "Expanding", "rotation_direction": "Weakening", "price_acceptance": -0.833333 }, "latest_close": 20.190001, "trend_reference": 22.4327, "distance_from_trend": -0.099975, "trend_direction": "Weakening", "fair_value": 15.587083, "distance_from_fair_value": 0.295303, "fair_value_direction": "Weakening", "relative_strength": -13.741605, "relative_strength_direction": "Weakening", "price_momentum": -0.122365, "excess_performance": -0.1736, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.099975, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.011467, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.295303, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.431343, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.137416, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.312484, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.122365, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.406762, "read": "Supply-led" } ], "volume": { "latest": 152792, "relative_activity": 0.789413, "balance": 0.406762, "dry_up": 0.699681, "accumulation_observations": 1, "distribution_observations": 2 }, "risk": { "range_context": 0.090418, "annualized_volatility": 0.426813, "from_high_reference": -0.2797, "from_low_reference": 0.495556 }, "levels": { "trend_reference": 22.4327, "fair_value_reference": 15.587083, "structural_low": 16.872, "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": 6, "median_return": 0.15042, "positive_rate": 0.833333, "directional_follow_through": 0.166667, "median_excess_return": 0.123057, "regime_survival": 0.666667, "best_return": 0.313178, "worst_return": -0.096628, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 2, "median_return": 0.510026, "positive_rate": 1.0, "directional_follow_through": 0.0, "median_excess_return": 0.468218, "regime_survival": 0.0, "best_return": 0.751452, "worst_return": 0.2686, "sufficient": false }, { "horizon": "Extended", "sample_count": 2, "median_return": 0.893023, "positive_rate": 1.0, "directional_follow_through": 0.0, "median_excess_return": 0.771277, "regime_survival": 0.0, "best_return": 1.490509, "worst_return": 0.295536, "sufficient": false }, { "horizon": "Full cycle", "sample_count": 1, "median_return": 0.661895, "positive_rate": 1.0, "directional_follow_through": 0.0, "median_excess_return": 0.548331, "regime_survival": 0.0, "best_return": 0.661895, "worst_return": 0.661895, "sufficient": false } ], "ledger": [ { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2024-10-25", "end": "2024-11-29", "tenure": "Developing", "return": 0.056091, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-12-06", "end": "2024-12-27", "tenure": "New", "return": -0.110815, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-01-03", "end": "2025-03-07", "tenure": "Developing", "return": -0.19441, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-03-14", "end": "2025-03-28", "tenure": "New", "return": -0.047042, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-04-04", "end": "2025-05-23", "tenure": "Developing", "return": 0.488723, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-05-30", "end": "2025-06-27", "tenure": "Developing", "return": 0.181246, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-07-04", "end": "2025-12-05", "tenure": "Established", "return": 0.356624, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-12-12", "end": "2026-01-16", "tenure": "Developing", "return": 0.225361, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-01-23", "end": "2026-03-27", "tenure": "Developing", "return": -0.158928, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-04-03", "end": "2026-04-24", "tenure": "New", "return": 0.140845, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-05-01", "end": "2026-05-29", "tenure": "Developing", "return": -0.075325, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-06-05", "end": "2026-06-12", "tenure": "New", "return": -0.018689, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2026-06-19", "end": "2026-07-03", "tenure": "New", "return": -0.080387, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-07-10", "end": "2026-08-07", "tenure": "Developing", "return": 0.040293, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 9.079, "volume": 30809, "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": 9.5215, "volume": 46137, "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": 10.116, "volume": 46564, "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": 10.273, "volume": 122801, "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": 11.48, "volume": 125909, "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": 11.523, "volume": 205592, "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": 11.961, "volume": 160960, "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": 11.298, "volume": 227971, "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": 10.889, "volume": 108864, "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": 10.9, "volume": 73206, "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": 11.027, "volume": 65583, "typical_volume": 76427.05, "trend": 9.430867, "fair_value": 9.456106, "relative_strength": 22.537966, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 47.963045, "energy": 42.083282, "activity_lines": [ 11.063933, 11.098936, 10.452445, 10.002761 ] }, { "date": "2023-11-03", "close": 11.366, "volume": 84537, "typical_volume": 77107.65, "trend": 9.541717, "fair_value": 9.479685, "relative_strength": 23.69823, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 52.266397, "energy": 39.850086, "activity_lines": [ 11.114267, 11.183873, 10.589986, 10.127609 ] }, { "date": "2023-11-10", "close": 11.245, "volume": 87968, "typical_volume": 80411.35, "trend": 9.635333, "fair_value": 9.501213, "relative_strength": 23.025666, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 45.261388, "energy": 33.519447, "activity_lines": [ 11.163933, 11.213273, 10.705493, 10.237498 ] }, { "date": "2023-11-17", "close": 11.94, "volume": 59377, "typical_volume": 82418.45, "trend": 9.76225, "fair_value": 9.530596, "relative_strength": 27.494831, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 69.452838, "energy": 47.003026, "activity_lines": [ 11.4488, 11.348509, 10.875405, 10.386186 ] }, { "date": "2023-11-24", "close": 12.101, "volume": 89849, "typical_volume": 85688.25, "trend": 9.889367, "fair_value": 9.561196, "relative_strength": 28.779281, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 70.508056, "energy": 52.096268, "activity_lines": [ 11.717267, 11.482709, 11.046129, 10.537073 ] }, { "date": "2023-12-01", "close": 11.899, "volume": 115051, "typical_volume": 89711.75, "trend": 10.009667, "fair_value": 9.5887, "relative_strength": 25.262232, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.318198, "energy": 49.685546, "activity_lines": [ 11.838333, 11.568891, 11.18064, 10.666727 ] }, { "date": "2023-12-08", "close": 11.896, "volume": 66051, "typical_volume": 90347.0, "trend": 10.123917, "fair_value": 9.615529, "relative_strength": 24.068803, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 61.384482, "energy": 54.528833, "activity_lines": [ 11.900267, 11.647691, 11.300176, 10.788426 ] }, { "date": "2023-12-15", "close": 12.028, "volume": 85129, "typical_volume": 93183.4, "trend": 10.240867, "fair_value": 9.643259, "relative_strength": 24.310639, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 62.548974, "energy": 50.976546, "activity_lines": [ 11.970867, 11.751673, 11.417917, 10.91127 ] }, { "date": "2023-12-22", "close": 12.011, "volume": 55047, "typical_volume": 93700.05, "trend": 10.362617, "fair_value": 9.670165, "relative_strength": 21.482103, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 59.870501, "energy": 43.314849, "activity_lines": [ 11.9836, 11.839291, 11.519005, 11.025472 ] }, { "date": "2023-12-29", "close": 11.841, "volume": 29195, "typical_volume": 94330.0, "trend": 10.461283, "fair_value": 9.694556, "relative_strength": 18.64686, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 56.159329, "energy": 38.968225, "activity_lines": [ 11.934933, 11.8756, 11.590048, 11.120852 ] }, { "date": "2024-01-05", "close": 11.745, "volume": 77737, "typical_volume": 96676.4, "trend": 10.550283, "fair_value": 9.717339, "relative_strength": 17.795468, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 43.569113, "energy": 30.848209, "activity_lines": [ 11.8716, 11.877345, 11.640074, 11.203672 ] }, { "date": "2024-01-12", "close": 13.444, "volume": 236994, "typical_volume": 106219.25, "trend": 10.693117, "fair_value": 9.758291, "relative_strength": 34.957239, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 78.552566, "energy": 50.088653, "activity_lines": [ 12.384867, 12.174945, 11.839214, 11.390363 ] }, { "date": "2024-01-19", "close": 13.064, "volume": 207418, "typical_volume": 114261.95, "trend": 10.83625, "fair_value": 9.794223, "relative_strength": 33.015975, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 69.504013, "energy": 54.492931, "activity_lines": [ 12.668267, 12.365673, 11.983486, 11.543324 ] }, { "date": "2024-01-26", "close": 12.76, "volume": 100861, "typical_volume": 113164.95, "trend": 10.965233, "fair_value": 9.826113, "relative_strength": 26.300126, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 59.023711, "energy": 57.513042, "activity_lines": [ 12.781267, 12.468055, 12.084767, 11.667437 ] }, { "date": "2024-02-02", "close": 13.823, "volume": 236257, "typical_volume": 118682.35, "trend": 11.14145, "fair_value": 9.868633, "relative_strength": 36.116826, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 75.934743, "energy": 76.181191, "activity_lines": [ 13.198667, 12.7488, 12.275443, 11.851809 ] }, { "date": "2024-02-09", "close": 13.106, "volume": 132573, "typical_volume": 115031.4, "trend": 11.284517, "fair_value": 9.902711, "relative_strength": 28.929344, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 61.406695, "energy": 69.012998, "activity_lines": [ 13.244933, 12.867873, 12.386676, 11.978554 ] }, { "date": "2024-02-16", "close": 12.822, "volume": 92776, "typical_volume": 111622.2, "trend": 11.41595, "fair_value": 9.93312, "relative_strength": 23.089035, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 59.322816, "energy": 51.443182, "activity_lines": [ 13.1058, 12.913364, 12.463324, 12.077746 ] }, { "date": "2024-02-23", "close": 11.994, "volume": 114580, "typical_volume": 105952.65, "trend": 11.52005, "fair_value": 9.954366, "relative_strength": 14.629111, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 38.023542, "energy": 29.612204, "activity_lines": [ 12.732133, 12.791473, 12.457014, 12.11504 ] }, { "date": "2024-03-01", "close": 12.431, "volume": 149958, "typical_volume": 108007.35, "trend": 11.631033, "fair_value": 9.979638, "relative_strength": 18.478082, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 33.136301, "energy": 18.339065, "activity_lines": [ 12.575467, 12.749655, 12.48901, 12.173811 ] }, { "date": "2024-03-08", "close": 12.298, "volume": 110229, "typical_volume": 109858.5, "trend": 11.729383, "fair_value": 10.003056, "relative_strength": 16.794447, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 27.789136, "energy": 20.319591, "activity_lines": [ 12.3964, 12.676018, 12.500995, 12.216841 ] }, { "date": "2024-03-15", "close": 12.265, "volume": 120287, "typical_volume": 112593.7, "trend": 11.835583, "fair_value": 10.025675, "relative_strength": 14.72415, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 23.473563, "energy": 19.187208, "activity_lines": [ 12.308, 12.588073, 12.503181, 12.251397 ] }, { "date": "2024-03-22", "close": 12.808, "volume": 69745, "typical_volume": 111854.1, "trend": 11.945133, "fair_value": 10.053223, "relative_strength": 15.874879, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 33.661063, "energy": 15.890042, "activity_lines": [ 12.456667, 12.5894, 12.551186, 12.314133 ] }, { "date": "2024-03-29", "close": 12.703, "volume": 73565, "typical_volume": 111133.95, "trend": 12.031367, "fair_value": 10.079201, "relative_strength": 13.864973, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 33.89217, "energy": 14.854305, "activity_lines": [ 12.571267, 12.5832, 12.582324, 12.363028 ] }, { "date": "2024-04-05", "close": 13.564, "volume": 111985, "typical_volume": 113764.35, "trend": 12.141067, "fair_value": 10.113034, "relative_strength": 21.096841, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 63.536189, "energy": 34.538641, "activity_lines": [ 12.9256, 12.740109, 12.688519, 12.461908 ] }, { "date": "2024-04-12", "close": 13.78, "volume": 90612, "typical_volume": 113802.5, "trend": 12.217733, "fair_value": 10.148293, "relative_strength": 20.658534, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 68.736517, "energy": 59.951072, "activity_lines": [ 13.2764, 12.921673, 12.807552, 12.567645 ] }, { "date": "2024-04-19", "close": 12.858, "volume": 65545, "typical_volume": 111327.2, "trend": 12.262233, "fair_value": 10.1741, "relative_strength": 13.09219, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 53.866587, "energy": 50.449477, "activity_lines": [ 13.221067, 12.936382, 12.830781, 12.608953 ] }, { "date": "2024-04-26", "close": 12.823, "volume": 70796, "typical_volume": 111564.45, "trend": 12.290967, "fair_value": 10.19909, "relative_strength": 8.646912, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 52.113097, "energy": 44.750221, "activity_lines": [ 13.114533, 12.949236, 12.84611, 12.645131 ] }, { "date": "2024-05-03", "close": 13.385, "volume": 107484, "typical_volume": 112682.2, "trend": 12.360533, "fair_value": 10.228864, "relative_strength": 11.556741, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 57.058613, "energy": 36.362585, "activity_lines": [ 13.194333, 13.064255, 12.910548, 12.715714 ] }, { "date": "2024-05-10", "close": 13.746, "volume": 101107, "typical_volume": 114985.2, "trend": 12.455767, "fair_value": 10.261431, "relative_strength": 10.788532, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 62.376953, "energy": 34.173446, "activity_lines": [ 13.349, 13.219618, 13.002905, 12.805099 ] }, { "date": "2024-05-17", "close": 14.227, "volume": 154207, "typical_volume": 121235.8, "trend": 12.566667, "fair_value": 10.297812, "relative_strength": 13.968184, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 70.065508, "energy": 49.703795, "activity_lines": [ 13.651867, 13.438527, 13.13281, 12.919372 ] }, { "date": "2024-05-24", "close": 13.991, "volume": 172073, "typical_volume": 125952.6, "trend": 12.665467, "fair_value": 10.331386, "relative_strength": 12.605251, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 62.011527, "energy": 58.829299, "activity_lines": [ 13.846267, 13.579455, 13.228876, 13.011265 ] }, { "date": "2024-05-31", "close": 13.969, "volume": 60449, "typical_volume": 117125.35, "trend": 12.752233, "fair_value": 10.364158, "relative_strength": 12.249219, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 60.061222, "energy": 58.003691, "activity_lines": [ 13.9578, 13.685, 13.312152, 13.095363 ] }, { "date": "2024-06-07", "close": 13.238, "volume": 104909, "typical_volume": 111999.9, "trend": 12.818667, "fair_value": 10.389817, "relative_strength": 6.211489, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 55.619049, "energy": 36.808906, "activity_lines": [ 13.749267, 13.636527, 13.32331, 13.126703 ] }, { "date": "2024-06-14", "close": 12.857, "volume": 79615, "typical_volume": 110937.6, "trend": 12.849233, "fair_value": 10.41165, "relative_strength": 3.899877, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 29.735716, "energy": 15.3227, "activity_lines": [ 13.423533, 13.509055, 13.297352, 13.129176 ] }, { "date": "2024-06-21", "close": 12.974, "volume": 31774, "typical_volume": 100713.45, "trend": 12.878333, "fair_value": 10.434127, "relative_strength": 3.167694, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 23.700622, "energy": 15.744625, "activity_lines": [ 13.196067, 13.415709, 13.282076, 13.137226 ] }, { "date": "2024-06-28", "close": 12.886, "volume": 86779, "typical_volume": 98423.75, "trend": 12.911233, "fair_value": 10.455448, "relative_strength": 2.875989, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 17.121219, "energy": 18.336365, "activity_lines": [ 13.0228, 13.321018, 13.262462, 13.13772 ] }, { "date": "2024-07-05", "close": 12.764, "volume": 33317, "typical_volume": 95450.8, "trend": 12.940167, "fair_value": 10.475349, "relative_strength": 0.92752, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -14.890774, "energy": 19.235004, "activity_lines": [ 12.882533, 13.203636, 13.232276, 13.128222 ] }, { "date": "2024-07-12", "close": 13.244, "volume": 50059, "typical_volume": 92224.75, "trend": 12.9807, "fair_value": 10.499013, "relative_strength": 3.559598, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 7.106538, "energy": 11.717093, "activity_lines": [ 12.9826, 13.1746, 13.248081, 13.147824 ] }, { "date": "2024-07-19", "close": 12.116, "volume": 73608, "typical_volume": 88407.25, "trend": 12.9842, "fair_value": 10.512716, "relative_strength": -4.51901, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -31.171634, "energy": 32.62023, "activity_lines": [ 12.706267, 12.943036, 13.150505, 13.092037 ] }, { "date": "2024-07-26", "close": 11.751, "volume": 110170, "typical_volume": 88404.3, "trend": 12.9812, "fair_value": 10.523122, "relative_strength": -9.146267, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -35.358085, "energy": 44.896923, "activity_lines": [ 12.357667, 12.674745, 13.019667, 13.012475 ] }, { "date": "2024-08-02", "close": 10.644, "volume": 241666, "typical_volume": 94473.25, "trend": 12.9445, "fair_value": 10.524129, "relative_strength": -16.68915, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -83.10648, "energy": 74.96799, "activity_lines": [ 11.7216, 12.2502, 12.786005, 12.861688 ] }, { "date": "2024-08-09", "close": 10.618, "volume": 132473, "typical_volume": 97609.65, "trend": 12.8503, "fair_value": 10.524905, "relative_strength": -16.884417, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -78.238719, "energy": 80.735065, "activity_lines": [ 11.226333, 11.881782, 12.557586, 12.711591 ] }, { "date": "2024-08-16", "close": 10.85, "volume": 60044, "typical_volume": 96933.6, "trend": 12.7765, "fair_value": 10.52757, "relative_strength": -16.589422, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -68.249534, "energy": 79.552535, "activity_lines": [ 10.951467, 11.616473, 12.36169, 12.58254 ] }, { "date": "2024-08-23", "close": 11.233, "volume": 247417, "typical_volume": 103705.2, "trend": 12.7256, "fair_value": 10.533305, "relative_strength": -13.86952, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.408051, "energy": 76.554413, "activity_lines": [ 10.963867, 11.464218, 12.211095, 12.482959 ] }, { "date": "2024-08-30", "close": 10.705, "volume": 78128, "typical_volume": 103081.0, "trend": 12.621667, "fair_value": 10.53469, "relative_strength": -18.318732, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -68.360116, "energy": 70.877105, "activity_lines": [ 10.859133, 11.245491, 12.021314, 12.352598 ] }, { "date": "2024-09-06", "close": 9.592, "volume": 124563, "typical_volume": 106031.9, "trend": 12.504533, "fair_value": 10.527148, "relative_strength": -24.87996, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -83.496127, "energy": 76.226378, "activity_lines": [ 10.453133, 10.865655, 11.740176, 12.157135 ] }, { "date": "2024-09-13", "close": 10.686, "volume": 95476, "typical_volume": 107265.9, "trend": 12.433333, "fair_value": 10.528409, "relative_strength": -17.037421, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.625827, "energy": 54.813651, "activity_lines": [ 10.481933, 10.744618, 11.578781, 12.039811 ] }, { "date": "2024-09-20", "close": 11.114, "volume": 172381, "typical_volume": 110510.75, "trend": 12.404, "fair_value": 10.53302, "relative_strength": -13.102556, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -59.778649, "energy": 48.489061, "activity_lines": [ 10.648867, 10.739182, 11.468324, 11.954692 ] }, { "date": "2024-09-27", "close": 12.032, "volume": 165925, "typical_volume": 113751.65, "trend": 12.3907, "fair_value": 10.54473, "relative_strength": -6.806085, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -39.381696, "energy": 30.213205, "activity_lines": [ 11.1042, 10.939382, 11.45611, 11.930692 ] }, { "date": "2024-10-04", "close": 12.596, "volume": 267104, "typical_volume": 119396.5, "trend": 12.400633, "fair_value": 10.560632, "relative_strength": -1.980576, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -13.665032, "energy": 18.560886, "activity_lines": [ 11.694267, 11.243655, 11.505771, 11.943938 ] }, { "date": "2024-10-11", "close": 12.473, "volume": 87040, "typical_volume": 115144.85, "trend": 12.407567, "fair_value": 10.575342, "relative_strength": -2.715871, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -8.540514, "energy": 22.239433, "activity_lines": [ 12.117267, 11.5102, 11.551486, 11.948606 ] }, { "date": "2024-10-18", "close": 14.128, "volume": 234591, "typical_volume": 123851.95, "trend": 12.451567, "fair_value": 10.602462, "relative_strength": 8.520901, "stage": 3, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "mixed", "direction": 44.430223, "energy": 44.523506, "activity_lines": [ 12.899867, 12.0444, 11.762048, 12.059602 ] }, { "date": "2024-10-25", "close": 13.692, "volume": 163342, "typical_volume": 126773.6, "trend": 12.484533, "fair_value": 10.625867, "relative_strength": 6.374234, "stage": 3, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 35.228753, "energy": 53.492034, "activity_lines": [ 13.307667, 12.435509, 11.930329, 12.13963 ] }, { "date": "2024-11-01", "close": 13.46, "volume": 116573, "typical_volume": 128621.5, "trend": 12.481067, "fair_value": 10.647177, "relative_strength": 5.339754, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 28.059897, "energy": 59.635026, "activity_lines": [ 13.466267, 12.732764, 12.074352, 12.202563 ] }, { "date": "2024-11-08", "close": 13.47, "volume": 199262, "typical_volume": 136995.9, "trend": 12.470733, "fair_value": 10.668243, "relative_strength": 6.601731, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 26.987827, "energy": 58.907986, "activity_lines": [ 13.533, 12.991345, 12.216457, 12.266366 ] }, { "date": "2024-11-15", "close": 13.505, "volume": 87238, "typical_volume": 137018.85, "trend": 12.4923, "fair_value": 10.689256, "relative_strength": 6.885418, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 32.014116, "energy": 38.336231, "activity_lines": [ 13.553133, 13.206018, 12.359533, 12.333092 ] }, { "date": "2024-11-22", "close": 14.674, "volume": 223695, "typical_volume": 146537.75, "trend": 12.554, "fair_value": 10.718555, "relative_strength": 13.125024, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 47.18372, "energy": 42.450057, "activity_lines": [ 13.894133, 13.562091, 12.610995, 12.473847 ] }, { "date": "2024-11-29", "close": 14.46, "volume": 131233, "typical_volume": 150596.45, "trend": 12.589833, "fair_value": 10.745865, "relative_strength": 10.912792, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 66.368082, "energy": 50.112632, "activity_lines": [ 14.1274, 13.806745, 12.832981, 12.596815 ] }, { "date": "2024-12-06", "close": 13.861, "volume": 103360, "typical_volume": 152084.05, "trend": 12.593667, "fair_value": 10.768438, "relative_strength": 5.924543, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 55.667327, "energy": 40.948518, "activity_lines": [ 14.1098, 13.881655, 12.992129, 12.678826 ] }, { "date": "2024-12-13", "close": 13.038, "volume": 57834, "typical_volume": 149467.25, "trend": 12.554033, "fair_value": 10.784766, "relative_strength": -0.244689, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 52.744684, "energy": 34.844412, "activity_lines": [ 13.791133, 13.773673, 13.064586, 12.707492 ] }, { "date": "2024-12-20", "close": 12.482, "volume": 81276, "typical_volume": 141447.75, "trend": 12.503733, "fair_value": 10.796889, "relative_strength": -1.931001, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 31.335074, "energy": 16.947707, "activity_lines": [ 13.315933, 13.556564, 13.077962, 12.702845 ] }, { "date": "2024-12-27", "close": 12.325, "volume": 13212, "typical_volume": 135484.7, "trend": 12.448933, "fair_value": 10.807727, "relative_strength": -3.917061, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 20.182274, "energy": 17.802017, "activity_lines": [ 12.8566, 13.310745, 13.067633, 12.691314 ] }, { "date": "2025-01-03", "close": 13.024, "volume": 52670, "typical_volume": 135116.0, "trend": 12.4418, "fair_value": 10.823335, "relative_strength": 0.546996, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 22.41689, "energy": 19.74834, "activity_lines": [ 12.786867, 13.2248, 13.115748, 12.728415 ] }, { "date": "2025-01-10", "close": 12.745, "volume": 116225, "typical_volume": 128556.4, "trend": 12.438067, "fair_value": 10.836773, "relative_strength": -1.637309, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 11.218612, "energy": 14.178325, "activity_lines": [ 12.719867, 13.100273, 13.126938, 12.747976 ] }, { "date": "2025-01-17", "close": 13.2, "volume": 81328, "typical_volume": 128716.4, "trend": 12.4456, "fair_value": 10.853184, "relative_strength": -0.959454, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 15.191249, "energy": 11.217955, "activity_lines": [ 12.878933, 13.071473, 13.174262, 12.797133 ] }, { "date": "2025-01-24", "close": 14.347, "volume": 110763, "typical_volume": 128026.4, "trend": 12.4943, "fair_value": 10.877279, "relative_strength": 7.660643, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 45.487186, "energy": 23.50031, "activity_lines": [ 13.409533, 13.256127, 13.318943, 12.919804 ] }, { "date": "2025-01-31", "close": 13.682, "volume": 120145, "typical_volume": 129259.85, "trend": 12.5249, "fair_value": 10.89649, "relative_strength": 0.93374, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 36.741141, "energy": 23.059477, "activity_lines": [ 13.594133, 13.304564, 13.377648, 12.99643 ] }, { "date": "2025-02-07", "close": 13.756, "volume": 109435, "typical_volume": 126112.55, "trend": 12.541967, "fair_value": 10.915942, "relative_strength": 1.357219, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 40.045092, "energy": 30.287909, "activity_lines": [ 13.712933, 13.384491, 13.429133, 13.075856 ] }, { "date": "2025-02-14", "close": 13.15, "volume": 79150, "typical_volume": 121773.8, "trend": 12.576433, "fair_value": 10.931037, "relative_strength": -3.276006, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 38.039058, "energy": 24.348247, "activity_lines": [ 13.580933, 13.367036, 13.410324, 13.115084 ] }, { "date": "2025-02-21", "close": 12.161, "volume": 125917, "typical_volume": 114714.45, "trend": 12.5901, "fair_value": 10.939292, "relative_strength": -9.62573, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 7.794819, "energy": 5.018236, "activity_lines": [ 13.092267, 13.182691, 13.292, 13.088282 ] }, { "date": "2025-02-28", "close": 11.234, "volume": 190474, "typical_volume": 119886.15, "trend": 12.609767, "fair_value": 10.941257, "relative_strength": -17.589313, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -22.980517, "energy": 24.701868, "activity_lines": [ 12.363867, 12.845745, 13.087462, 13.000791 ] }, { "date": "2025-03-07", "close": 10.492, "volume": 138608, "typical_volume": 115087.0, "trend": 12.605567, "fair_value": 10.938281, "relative_strength": -21.494394, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -45.227449, "energy": 58.110789, "activity_lines": [ 11.595667, 12.396582, 12.818157, 12.864161 ] }, { "date": "2025-03-14", "close": 10.65, "volume": 109783, "typical_volume": 112409.05, "trend": 12.5989, "fair_value": 10.936385, "relative_strength": -19.517441, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -41.587772, "energy": 64.983652, "activity_lines": [ 11.0928, 12.009473, 12.581214, 12.737996 ] }, { "date": "2025-03-21", "close": 11.008, "volume": 65731, "typical_volume": 109866.95, "trend": 12.5914, "fair_value": 10.936853, "relative_strength": -16.593797, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -35.541002, "energy": 63.827226, "activity_lines": [ 10.916333, 11.730618, 12.392852, 12.635357 ] }, { "date": "2025-03-28", "close": 10.149, "volume": 92774, "typical_volume": 104542.55, "trend": 12.572867, "fair_value": 10.931737, "relative_strength": -22.79615, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -73.225549, "energy": 78.843677, "activity_lines": [ 10.596333, 11.327164, 12.134357, 12.477783 ] }, { "date": "2025-04-04", "close": 8.956, "volume": 155300, "typical_volume": 107945.65, "trend": 12.551667, "fair_value": 10.91899, "relative_strength": -26.200203, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -83.00986, "energy": 83.80498, "activity_lines": [ 10.0128, 10.762273, 11.778057, 12.244437 ] }, { "date": "2025-04-11", "close": 9.6035, "volume": 179975, "typical_volume": 105759.65, "trend": 12.515583, "fair_value": 10.910558, "relative_strength": -19.430079, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -69.0208, "energy": 76.249255, "activity_lines": [ 9.796967, 10.413127, 11.505086, 12.054232 ] }, { "date": "2025-04-18", "close": 9.785, "volume": 65317, "typical_volume": 102463.85, "trend": 12.471283, "fair_value": 10.877128, "relative_strength": -20.541928, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.435482, "energy": 75.333818, "activity_lines": [ 9.700867, 10.171136, 11.273545, 11.878066 ] }, { "date": "2025-04-25", "close": 10.462, "volume": 120050, "typical_volume": 103298.35, "trend": 12.41895, "fair_value": 10.880106, "relative_strength": -16.093577, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.772492, "energy": 58.608458, "activity_lines": [ 9.8881, 10.124436, 11.128743, 11.748434 ] }, { "date": "2025-05-02", "close": 11.036, "volume": 219064, "typical_volume": 111359.85, "trend": 12.36695, "fair_value": 10.888856, "relative_strength": -12.963993, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -48.671153, "energy": 40.55714, "activity_lines": [ 10.303067, 10.230973, 11.054793, 11.659212 ] }, { "date": "2025-05-09", "close": 11.438, "volume": 93350, "typical_volume": 111963.55, "trend": 12.33245, "fair_value": 10.904554, "relative_strength": -9.007531, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -39.552908, "energy": 24.968607, "activity_lines": [ 10.7929, 10.431055, 11.028662, 11.59928 ] }, { "date": "2025-05-16", "close": 11.924, "volume": 96237, "typical_volume": 116114.8, "trend": 12.258983, "fair_value": 10.923891, "relative_strength": -6.170231, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -18.507957, "energy": 25.783277, "activity_lines": [ 11.279267, 10.715791, 11.053788, 11.572928 ] }, { "date": "2025-05-23", "close": 13.333, "volume": 545121, "typical_volume": 140737.35, "trend": 12.247017, "fair_value": 10.94924, "relative_strength": 4.725416, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": 20.166497, "energy": 33.153201, "activity_lines": [ 12.0806, 11.230673, 11.215014, 11.642219 ] }, { "date": "2025-05-30", "close": 13.672, "volume": 931851, "typical_volume": 181518.65, "trend": 12.254083, "fair_value": 10.977215, "relative_strength": 6.904473, "stage": 3, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 42.554205, "energy": 47.988427, "activity_lines": [ 12.7584, 11.758409, 11.407055, 11.734154 ] }, { "date": "2025-06-06", "close": 14.168, "volume": 235040, "typical_volume": 189204.25, "trend": 12.27735, "fair_value": 11.007436, "relative_strength": 9.965258, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 43.148515, "energy": 63.797627, "activity_lines": [ 13.387533, 12.327891, 11.641919, 11.857632 ] }, { "date": "2025-06-13", "close": 15.291, "volume": 241644, "typical_volume": 195748.3, "trend": 12.336883, "fair_value": 11.051933, "relative_strength": 18.277849, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 46.675333, "energy": 70.190614, "activity_lines": [ 14.1822, 13.028482, 11.979126, 12.052061 ] }, { "date": "2025-06-20", "close": 15.961, "volume": 1350349, "typical_volume": 257258.5, "trend": 12.379783, "fair_value": 11.10092, "relative_strength": 24.1295, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 56.082975, "energy": 77.238655, "activity_lines": [ 14.943333, 13.735709, 12.375648, 12.285875 ] }, { "date": "2025-06-27", "close": 16.15, "volume": 275962, "typical_volume": 265584.85, "trend": 12.436117, "fair_value": 11.151179, "relative_strength": 24.83276, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 75.023385, "energy": 71.325971, "activity_lines": [ 15.498333, 14.361709, 12.779317, 12.529115 ] }, { "date": "2025-07-04", "close": 15.686, "volume": 462702, "typical_volume": 284762.45, "trend": 12.49695, "fair_value": 11.196141, "relative_strength": 20.566302, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.55976, "energy": 61.16933, "activity_lines": [ 15.710867, 14.787618, 13.127395, 12.738785 ] }, { "date": "2025-07-11", "close": 15.847, "volume": 126357, "typical_volume": 284784.45, "trend": 12.590583, "fair_value": 11.243301, "relative_strength": 19.931419, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 63.391061, "energy": 51.461852, "activity_lines": [ 15.8428, 15.147818, 13.478731, 12.954917 ] }, { "date": "2025-07-18", "close": 17.826, "volume": 135621, "typical_volume": 282041.8, "trend": 12.768717, "fair_value": 11.300929, "relative_strength": 33.281827, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 76.257952, "energy": 56.220366, "activity_lines": [ 16.522467, 15.780364, 14.00099, 13.292686 ] }, { "date": "2025-07-25", "close": 18.132, "volume": 175178, "typical_volume": 283870.3, "trend": 12.962283, "fair_value": 11.356026, "relative_strength": 32.686459, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 73.202378, "energy": 55.629646, "activity_lines": [ 17.135133, 16.3524, 14.521002, 13.638704 ] }, { "date": "2025-08-01", "close": 16.621, "volume": 151596, "typical_volume": 285960.95, "trend": 13.082183, "fair_value": 11.401776, "relative_strength": 21.495049, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 60.850211, "energy": 48.463291, "activity_lines": [ 17.0994, 16.536836, 14.860729, 13.874751 ] }, { "date": "2025-08-08", "close": 17.646, "volume": 96524, "typical_volume": 287500.6, "trend": 13.24555, "fair_value": 11.452734, "relative_strength": 27.562303, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 63.298294, "energy": 49.155206, "activity_lines": [ 17.373933, 16.847855, 15.26964, 14.16919 ] }, { "date": "2025-08-15", "close": 16.604, "volume": 83353, "typical_volume": 287029.55, "trend": 13.359017, "fair_value": 11.50051, "relative_strength": 18.694774, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 57.944086, "energy": 41.751818, "activity_lines": [ 17.170467, 16.897164, 15.547705, 14.385865 ] }, { "date": "2025-08-22", "close": 16.761999, "volume": 150012, "typical_volume": 286765.15, "trend": 13.439517, "fair_value": 11.543292, "relative_strength": 16.818729, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 53.071966, "energy": 33.598761, "activity_lines": [ 16.9692, 16.930909, 15.810078, 14.605412 ] }, { "date": "2025-08-29", "close": 17.452999, "volume": 215742, "typical_volume": 288553.5, "trend": 13.565217, "fair_value": 11.58774, "relative_strength": 22.458747, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 55.848743, "energy": 34.051334, "activity_lines": [ 17.069199, 17.063545, 16.10109, 14.864346 ] }, { "date": "2025-09-05", "close": 17.177999, "volume": 124361, "typical_volume": 291505.7, "trend": 13.679283, "fair_value": 11.626503, "relative_strength": 19.231178, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 50.866627, "energy": 29.296035, "activity_lines": [ 17.122799, 17.119054, 16.328533, 15.097429 ] }, { "date": "2025-09-12", "close": 18.122999, "volume": 231737, "typical_volume": 297090.05, "trend": 13.84505, "fair_value": 11.676599, "relative_strength": 23.767872, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 59.394915, "energy": 35.409061, "activity_lines": [ 17.454266, 17.32769, 16.610771, 15.38412 ] }, { "date": "2025-09-19", "close": 21.25, "volume": 192694, "typical_volume": 295771.55, "trend": 14.148017, "fair_value": 11.751731, "relative_strength": 44.489187, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 73.870604, "energy": 50.381156, "activity_lines": [ 18.796266, 18.060563, 17.154338, 15.861859 ] }, { "date": "2025-09-26", "close": 21.305, "volume": 459222, "typical_volume": 314065.15, "trend": 14.483717, "fair_value": 11.825808, "relative_strength": 42.344891, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 70.639637, "energy": 60.540487, "activity_lines": [ 19.846866, 18.7052, 17.654504, 16.3236 ] }, { "date": "2025-10-03", "close": 22.305, "volume": 220528, "typical_volume": 320279.7, "trend": 14.877483, "fair_value": 11.904667, "relative_strength": 44.35638, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 71.603724, "energy": 66.71626, "activity_lines": [ 20.927933, 19.4684, 18.202924, 16.828199 ] }, { "date": "2025-10-10", "close": 24.110001, "volume": 370484, "typical_volume": 311547.85, "trend": 15.32615, "fair_value": 12.000628, "relative_strength": 55.176404, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 77.826688, "energy": 77.842604, "activity_lines": [ 22.2872, 20.483909, 18.873814, 17.423845 ] }, { "date": "2025-10-17", "close": 23.7075, "volume": 614298, "typical_volume": 295670.2, "trend": 15.749467, "fair_value": 12.091125, "relative_strength": 52.275239, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 69.60417, "energy": 71.629792, "activity_lines": [ 23.050167, 21.290073, 19.455052, 17.964577 ] }, { "date": "2025-10-24", "close": 22.215, "volume": 541163, "typical_volume": 310976.35, "trend": 16.151667, "fair_value": 12.172763, "relative_strength": 37.363015, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.415429, "energy": 56.600302, "activity_lines": [ 22.943334, 21.714664, 19.846359, 18.381708 ] }, { "date": "2025-10-31", "close": 24.860001, "volume": 434168, "typical_volume": 320602.55, "trend": 16.6818, "fair_value": 12.271167, "relative_strength": 51.003708, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 69.828841, "energy": 56.801753, "activity_lines": [ 23.653834, 22.518146, 20.451252, 18.943536 ] }, { "date": "2025-11-07", "close": 20.031, "volume": 295461, "typical_volume": 267858.15, "trend": 17.029383, "fair_value": 12.335397, "relative_strength": 21.555549, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 55.293442, "energy": 36.192619, "activity_lines": [ 22.517667, 22.296391, 20.550674, 19.159614 ] }, { "date": "2025-11-14", "close": 20.23, "volume": 272993, "typical_volume": 267709.7, "trend": 17.37755, "fair_value": 12.404929, "relative_strength": 21.996443, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 39.709911, "energy": 22.918589, "activity_lines": [ 21.599434, 22.063946, 20.649667, 19.366105 ] }, { "date": "2025-11-21", "close": 17.874001, "volume": 247810, "typical_volume": 256965.1, "trend": 17.624617, "fair_value": 12.459183, "relative_strength": 9.461666, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 21.892591, "energy": 14.402123, "activity_lines": [ 20.154534, 21.347646, 20.50485, 19.398134 ] }, { "date": "2025-11-28", "close": 20.15, "volume": 152894, "typical_volume": 258291.95, "trend": 17.928417, "fair_value": 12.528821, "relative_strength": 20.66005, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 24.916199, "energy": 19.548082, "activity_lines": [ 19.8572, 21.049691, 20.566376, 19.561062 ] }, { "date": "2025-12-05", "close": 21.280001, "volume": 173597, "typical_volume": 260190.75, "trend": 18.256483, "fair_value": 12.60866, "relative_strength": 27.371838, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 28.743628, "energy": 17.94254, "activity_lines": [ 20.074201, 20.977191, 20.715031, 19.777294 ] }, { "date": "2025-12-12", "close": 20.2675, "volume": 166275, "typical_volume": 259745.6, "trend": 18.5346, "fair_value": 12.683234, "relative_strength": 20.82565, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 16.726906, "energy": 11.453993, "activity_lines": [ 20.192367, 20.721055, 20.75081, 19.907037 ] }, { "date": "2025-12-19", "close": 20.235001, "volume": 178149, "typical_volume": 261073.25, "trend": 18.764667, "fair_value": 12.756526, "relative_strength": 16.956731, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 18.134957, "energy": 8.449385, "activity_lines": [ 20.283934, 20.496055, 20.773324, 20.01674 ] }, { "date": "2025-12-26", "close": 20.135, "volume": 76980, "typical_volume": 260096.05, "trend": 18.9801, "fair_value": 12.827593, "relative_strength": 16.02017, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 26.982255, "energy": 12.509996, "activity_lines": [ 20.341834, 20.323328, 20.769105, 20.105149 ] }, { "date": "2026-01-02", "close": 20.514999, "volume": 175521, "typical_volume": 264704.45, "trend": 19.191667, "fair_value": 12.899369, "relative_strength": 16.644949, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 27.411346, "energy": 11.711148, "activity_lines": [ 20.375667, 20.284646, 20.789224, 20.204174 ] }, { "date": "2026-01-09", "close": 23.41, "volume": 425440, "typical_volume": 278475.85, "trend": 19.4623, "fair_value": 12.986458, "relative_strength": 29.741637, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 49.830939, "energy": 29.857334, "activity_lines": [ 21.350167, 20.803236, 21.066434, 20.476325 ] }, { "date": "2026-01-16", "close": 24.834999, "volume": 322190, "typical_volume": 283798.25, "trend": 19.7581, "fair_value": 13.08367, "relative_strength": 34.877894, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 68.039468, "energy": 57.821871, "activity_lines": [ 22.657666, 21.607282, 21.4477, 20.822951 ] }, { "date": "2026-01-23", "close": 25.735001, "volume": 424024, "typical_volume": 298781.4, "trend": 20.0776, "fair_value": 13.183612, "relative_strength": 39.762539, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 73.550583, "energy": 72.515316, "activity_lines": [ 23.960667, 22.487618, 21.879529, 21.208557 ] }, { "date": "2026-01-30", "close": 25.32, "volume": 574167, "typical_volume": 315902.9, "trend": 20.398733, "fair_value": 13.281048, "relative_strength": 35.14389, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.549493, "energy": 75.073433, "activity_lines": [ 24.758667, 23.192409, 22.231086, 21.546776 ] }, { "date": "2026-02-06", "close": 23.004999, "volume": 483177, "typical_volume": 330427.05, "trend": 20.637333, "fair_value": 13.364388, "relative_strength": 20.251073, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 61.301663, "energy": 69.689422, "activity_lines": [ 24.439333, 23.340909, 22.327895, 21.714923 ] }, { "date": "2026-02-13", "close": 23.275, "volume": 211195, "typical_volume": 318025.7, "trend": 20.818967, "fair_value": 13.450718, "relative_strength": 19.867943, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 58.515097, "energy": 53.636497, "activity_lines": [ 24.044, 23.486591, 22.442062, 21.885095 ] }, { "date": "2026-02-20", "close": 24.424999, "volume": 315587, "typical_volume": 322778.65, "trend": 21.028733, "fair_value": 13.547003, "relative_strength": 21.848892, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 59.820333, "energy": 38.017477, "activity_lines": [ 24.041, 23.805091, 22.656371, 22.117742 ] }, { "date": "2026-02-27", "close": 24.76, "volume": 207738, "typical_volume": 314641.35, "trend": 21.300033, "fair_value": 13.644407, "relative_strength": 19.766823, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 60.179358, "energy": 34.119555, "activity_lines": [ 24.177, 24.108909, 22.89249, 22.358469 ] }, { "date": "2026-03-06", "close": 23.0, "volume": 212154, "typical_volume": 294534.15, "trend": 21.4785, "fair_value": 13.735199, "relative_strength": 16.804837, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 41.479585, "energy": 25.147854, "activity_lines": [ 23.791333, 24.010454, 22.957895, 22.468144 ] }, { "date": "2026-03-13", "close": 22.945, "volume": 286434, "typical_volume": 281797.7, "trend": 21.689867, "fair_value": 13.829224, "relative_strength": 15.62935, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 37.794675, "energy": 21.601719, "activity_lines": [ 23.542, 23.849909, 23.021431, 22.562757 ] }, { "date": "2026-03-20", "close": 21.715, "volume": 200646, "typical_volume": 270121.6, "trend": 21.854967, "fair_value": 13.916939, "relative_strength": 12.191863, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 21.651834, "energy": 13.228945, "activity_lines": [ 22.886667, 23.421545, 22.964348, 22.564378 ] }, { "date": "2026-03-27", "close": 21.645, "volume": 277007, "typical_volume": 269198.9, "trend": 21.9947, "fair_value": 14.000785, "relative_strength": 10.19396, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 16.355305, "energy": 16.126327, "activity_lines": [ 22.312, 23.011273, 22.915574, 22.550832 ] }, { "date": "2026-04-03", "close": 22.365, "volume": 197278, "typical_volume": 265413.15, "trend": 22.1676, "fair_value": 14.092609, "relative_strength": 7.660474, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -7.002016, "energy": 12.887128, "activity_lines": [ 22.162667, 22.789909, 22.927686, 22.574723 ] }, { "date": "2026-04-10", "close": 23.42, "volume": 178642, "typical_volume": 261954.75, "trend": 22.344167, "fair_value": 14.188657, "relative_strength": 9.926976, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 16.425521, "energy": 13.319461, "activity_lines": [ 22.524667, 22.821636, 23.030107, 22.655523 ] }, { "date": "2026-04-17", "close": 25.705, "volume": 240148, "typical_volume": 266317.45, "trend": 22.492667, "fair_value": 14.301301, "relative_strength": 18.501671, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 48.375392, "energy": 23.170967, "activity_lines": [ 23.620333, 23.303364, 23.323738, 22.872351 ] }, { "date": "2026-04-24", "close": 25.514999, "volume": 306235, "typical_volume": 272949.35, "trend": 22.633, "fair_value": 14.411734, "relative_strength": 19.521814, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 56.926881, "energy": 45.546269, "activity_lines": [ 24.468666, 23.701454, 23.572821, 23.06734 ] }, { "date": "2026-05-01", "close": 25.025, "volume": 269326, "typical_volume": 278101.9, "trend": 22.723667, "fair_value": 14.51901, "relative_strength": 16.170098, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 54.28996, "energy": 52.225445, "activity_lines": [ 24.900333, 23.969727, 23.755071, 23.221662 ] }, { "date": "2026-05-08", "close": 25.254999, "volume": 308151, "typical_volume": 284602.0, "trend": 22.761833, "fair_value": 14.626615, "relative_strength": 17.506794, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 58.067181, "energy": 58.927228, "activity_lines": [ 25.183333, 24.268909, 23.936571, 23.384974 ] }, { "date": "2026-05-15", "close": 23.094999, "volume": 511462, "typical_volume": 306326.1, "trend": 22.741417, "fair_value": 14.720048, "relative_strength": 6.98008, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 47.399737, "energy": 36.649307, "activity_lines": [ 24.553666, 24.166363, 23.888452, 23.406469 ] }, { "date": "2026-05-22", "close": 22.48, "volume": 455720, "typical_volume": 320336.05, "trend": 22.75025, "fair_value": 14.81057, "relative_strength": 0.86947, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 22.848064, "energy": 10.163505, "activity_lines": [ 23.740666, 23.950272, 23.767666, 23.389603 ] }, { "date": "2026-05-29", "close": 23.139999, "volume": 274693, "typical_volume": 312798.7, "trend": 22.692917, "fair_value": 14.901974, "relative_strength": 3.776713, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 22.80664, "energy": 14.690407, "activity_lines": [ 23.362666, 23.862636, 23.700381, 23.414748 ] }, { "date": "2026-06-05", "close": 21.135, "volume": 65578, "typical_volume": 299968.1, "trend": 22.729717, "fair_value": 14.979282, "relative_strength": -5.209013, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -25.55374, "energy": 25.323768, "activity_lines": [ 22.474666, 23.384545, 23.443428, 23.314237 ] }, { "date": "2026-06-12", "close": 20.74, "volume": 46302, "typical_volume": 281082.0, "trend": 22.746717, "fair_value": 15.053519, "relative_strength": -8.10869, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -39.331717, "energy": 44.318164, "activity_lines": [ 21.714333, 22.843909, 23.166476, 23.185869 ] }, { "date": "2026-06-19", "close": 21.719999, "volume": 21383, "typical_volume": 253442.8, "trend": 22.874916, "fair_value": 15.136532, "relative_strength": -2.999702, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -30.706114, "energy": 48.309174, "activity_lines": [ 21.581666, 22.510999, 23.006642, 23.119629 ] }, { "date": "2026-06-26", "close": 20.02, "volume": 26038, "typical_volume": 230585.85, "trend": 22.870583, "fair_value": 15.207875, "relative_strength": -11.877709, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -44.827157, "energy": 60.212361, "activity_lines": [ 20.974, 21.899909, 22.702047, 22.935441 ] }, { "date": "2026-07-03", "close": 19.974001, "volume": 15923, "typical_volume": 220822.25, "trend": 22.82705, "fair_value": 15.281192, "relative_strength": -13.559161, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -69.32947, "energy": 71.03439, "activity_lines": [ 20.515, 21.383818, 22.407285, 22.748564 ] }, { "date": "2026-07-10", "close": 19.408001, "volume": 135447, "typical_volume": 211815.25, "trend": 22.7984, "fair_value": 15.349103, "relative_strength": -14.612834, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -71.60243, "energy": 71.810508, "activity_lines": [ 20.0784, 20.865564, 22.074338, 22.52798 ] }, { "date": "2026-07-17", "close": 17.302, "volume": 85888, "typical_volume": 205722.75, "trend": 22.700633, "fair_value": 15.403096, "relative_strength": -24.38354, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -85.801879, "energy": 86.23409, "activity_lines": [ 19.054934, 20.066527, 21.564709, 22.173374 ] }, { "date": "2026-07-24", "close": 18.372, "volume": 156678, "typical_volume": 202948.95, "trend": 22.641866, "fair_value": 15.464, "relative_strength": -20.526792, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -69.551382, "energy": 81.501107, "activity_lines": [ 18.617334, 19.606637, 21.1925, 21.894107 ] }, { "date": "2026-07-31", "close": 17.459999, "volume": 146339, "typical_volume": 195944.2, "trend": 22.540033, "fair_value": 15.51758, "relative_strength": -25.237458, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -76.726297, "energy": 85.525006, "activity_lines": [ 18.098933, 19.0668, 20.755471, 21.559793 ] }, { "date": "2026-08-07", "close": 20.190001, "volume": 152792, "typical_volume": 193551.5, "trend": 22.4327, "fair_value": 15.587083, "relative_strength": -13.741605, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.519287, "energy": 64.392069, "activity_lines": [ 18.6612, 19.1146, 20.604562, 21.408178 ] } ], "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." } } }