{ "ticker": { "uuid": "a7b9e8df-0145-491b-aa5a-04e413f25112", "symbol": "CHINE", "name": "BNP PARIBAS EASY - MSCI China Min TE UCITS ETF EUR Acculumation", "exchange": "PAR", "country": "FR", "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": "^FCHI", "stage": 4, "stage_name": "Declining", "phase": "4b", "phase_label": "Stage 4B \u00b7 Declining", "transition": "stage_4_declining", "transition_label": "Stage 4 decline intact", "confidence": 82.223, "architecture_regime": "downward_expansion", "architecture_regime_label": "Downward Expansion", "architecture_modifier": "Established contraction", "architecture_gate": "down", "architecture_direction": -2.796, "architecture_energy": 19.627, "architecture_maturity": 100.0, "architecture_confidence": 50.939, "architecture_tenure": "Established", "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": 54.43, "rotation_up": 43.68, "upward_expansion": 27.51, "deceleration": 41.27, "rotation_down": 15.46, "downward_expansion": 50.18 }, "activity_lines": [ 7.018493, 6.896227, 6.921603, 6.988545 ], "activity_state": "Compressed", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": 0.166667 }, "latest_close": 7.1652, "trend_reference": 7.12625, "distance_from_trend": 0.005466, "trend_direction": "Weakening", "fair_value": 6.47039, "distance_from_fair_value": 0.107383, "fair_value_direction": "Weakening", "relative_strength": -9.426747, "relative_strength_direction": "Weakening", "price_momentum": -0.056267, "excess_performance": -0.109578, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.005466, "read": "Above" }, { "label": "Trend direction", "positive": false, "value": -0.038121, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.107383, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.020809, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.094267, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.059546, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.056267, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.877805, "read": "Supply-led" } ], "volume": { "latest": 81550, "relative_activity": 1.000436, "balance": 0.877805, "dry_up": 1.325655, "accumulation_observations": 4, "distribution_observations": 3 }, "risk": { "range_context": 0.027851, "annualized_volatility": 0.171055, "from_high_reference": -0.132553, "from_low_reference": 0.118968 }, "levels": { "trend_reference": 7.12625, "fair_value_reference": 6.47039, "structural_low": 6.4034, "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": 14, "median_return": 0.004082, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": -0.010215, "regime_survival": 0.785714, "best_return": 0.314604, "worst_return": -0.150741, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 5, "median_return": 0.038299, "positive_rate": 0.6, "directional_follow_through": 0.4, "median_excess_return": 0.034712, "regime_survival": 0.4, "best_return": 0.268034, "worst_return": -0.161934, "sufficient": true }, { "horizon": "Extended", "sample_count": 3, "median_return": -0.031025, "positive_rate": 0.333333, "directional_follow_through": 0.666667, "median_excess_return": -0.105387, "regime_survival": 0.333333, "best_return": 0.493207, "worst_return": -0.095008, "sufficient": false }, { "horizon": "Full cycle", "sample_count": 2, "median_return": 0.214603, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": 0.140828, "regime_survival": 0.0, "best_return": 0.552292, "worst_return": -0.123085, "sufficient": false } ], "ledger": [ { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2024-09-13", "end": "2024-09-20", "tenure": "New", "return": 0.04052, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2024-09-27", "end": "2024-10-04", "tenure": "New", "return": 0.135136, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-10-11", "end": "2024-11-15", "tenure": "Developing", "return": -0.053681, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-11-22", "end": "2024-12-27", "tenure": "Developing", "return": 0.041578, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-01-03", "end": "2025-01-17", "tenure": "New", "return": 0.001718, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-01-24", "end": "2025-01-31", "tenure": "New", "return": 0.054196, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-02-07", "end": "2025-04-04", "tenure": "Developing", "return": -0.056229, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-04-11", "end": "2025-05-23", "tenure": "Developing", "return": 0.121277, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-05-30", "end": "2025-07-25", "tenure": "Developing", "return": 0.084147, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-08-01", "end": "2025-08-29", "tenure": "Developing", "return": 0.073191, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-09-05", "end": "2025-11-21", "tenure": "Developing", "return": 0.005304, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-11-28", "end": "2026-01-30", "tenure": "Developing", "return": -0.007, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-02-06", "end": "2026-02-27", "tenure": "New", "return": -0.040435, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-03-06", "end": "2026-08-07", "tenure": "Established", "return": 0.01414, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 5.9192, "volume": 9889, "typical_volume": 33491.95, "trend": 6.36112, "fair_value": 7.235955, "relative_strength": -11.023398, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -33.114397, "energy": 21.419696, "activity_lines": [ 6.251387, 6.234931, 6.204335, 6.243238 ] }, { "date": "2023-08-25", "close": 6.0485, "volume": 18189, "typical_volume": 33683.3, "trend": 6.31921, "fair_value": 7.225061, "relative_strength": -9.244853, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -42.44064, "energy": 22.617618, "activity_lines": [ 6.1652, 6.203798, 6.189684, 6.223069 ] }, { "date": "2023-09-01", "close": 6.379, "volume": 14340, "typical_volume": 33482.8, "trend": 6.29851, "fair_value": 7.217369, "relative_strength": -4.62665, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -20.352852, "energy": 18.096546, "activity_lines": [ 6.192347, 6.239633, 6.208076, 6.226927 ] }, { "date": "2023-09-08", "close": 6.0848, "volume": 7691, "typical_volume": 30373.85, "trend": 6.267653, "fair_value": 7.207166, "relative_strength": -7.766192, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -40.880092, "energy": 26.624543, "activity_lines": [ 6.143447, 6.214702, 6.198234, 6.213139 ] }, { "date": "2023-09-15", "close": 6.202, "volume": 14470, "typical_volume": 30148.55, "trend": 6.252683, "fair_value": 7.198191, "relative_strength": -7.257083, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -33.797187, "energy": 16.985107, "activity_lines": [ 6.166827, 6.211171, 6.200196, 6.208903 ] }, { "date": "2023-09-22", "close": 6.1588, "volume": 16428, "typical_volume": 18172.55, "trend": 6.241983, "fair_value": 7.188993, "relative_strength": -4.886748, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -42.604471, "energy": 15.917905, "activity_lines": [ 6.177527, 6.196349, 6.197705, 6.202846 ] }, { "date": "2023-09-29", "close": 6.1008, "volume": 23708, "typical_volume": 19030.7, "trend": 6.218397, "fair_value": 7.179447, "relative_strength": -4.614563, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -48.475681, "energy": 22.544526, "activity_lines": [ 6.15292, 6.170887, 6.189814, 6.193738 ] }, { "date": "2023-10-06", "close": 6.0277, "volume": 18525, "typical_volume": 18701.55, "trend": 6.21163, "fair_value": 7.169432, "relative_strength": -4.280748, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -52.743434, "energy": 28.547931, "activity_lines": [ 6.10046, 6.132047, 6.175187, 6.181435 ] }, { "date": "2023-10-13", "close": 6.1272, "volume": 4004, "typical_volume": 16644.2, "trend": 6.205637, "fair_value": 7.160447, "relative_strength": -1.650442, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -47.951582, "energy": 29.527412, "activity_lines": [ 6.104587, 6.123691, 6.170555, 6.175988 ] }, { "date": "2023-10-20", "close": 5.7293, "volume": 6007, "typical_volume": 16356.25, "trend": 6.18096, "fair_value": 7.148215, "relative_strength": -5.279845, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -71.732236, "energy": 57.819183, "activity_lines": [ 5.973253, 6.051276, 6.12746, 6.145256 ] }, { "date": "2023-10-27", "close": 5.8672, "volume": 17335, "typical_volume": 16397.3, "trend": 6.159067, "fair_value": 7.137359, "relative_strength": -2.805202, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.4345, "energy": 59.779364, "activity_lines": [ 5.9194, 6.012998, 6.099472, 6.125014 ] }, { "date": "2023-11-03", "close": 5.9377, "volume": 9414, "typical_volume": 15830.25, "trend": 6.14441, "fair_value": 7.127278, "relative_strength": -4.994314, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -56.105521, "energy": 54.468196, "activity_lines": [ 5.908487, 5.988484, 6.079621, 6.110732 ] }, { "date": "2023-11-10", "close": 5.8136, "volume": 3959, "typical_volume": 15527.05, "trend": 6.12706, "fair_value": 7.116331, "relative_strength": -6.792218, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.235595, "energy": 62.434058, "activity_lines": [ 5.86708, 5.94342, 6.05028, 6.089389 ] }, { "date": "2023-11-17", "close": 5.8787, "volume": 21324, "typical_volume": 15372.45, "trend": 6.1157, "fair_value": 7.106102, "relative_strength": -8.025734, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -54.916194, "energy": 47.60819, "activity_lines": [ 5.861647, 5.920473, 6.027927, 6.073366 ] }, { "date": "2023-11-24", "close": 6.0083, "volume": 4931, "typical_volume": 12867.75, "trend": 6.111617, "fair_value": 7.097104, "relative_strength": -6.685426, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -51.484041, "energy": 30.627967, "activity_lines": [ 5.91598, 5.924836, 6.018921, 6.066437 ] }, { "date": "2023-12-01", "close": 5.56, "volume": 33532, "typical_volume": 14185.45, "trend": 6.090783, "fair_value": 7.084607, "relative_strength": -13.923135, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -75.705039, "energy": 53.711961, "activity_lines": [ 5.80228, 5.851213, 5.967242, 6.030849 ] }, { "date": "2023-12-08", "close": 5.3573, "volume": 13548, "typical_volume": 14360.95, "trend": 6.064427, "fair_value": 7.070677, "relative_strength": -18.552044, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -82.613457, "energy": 75.385431, "activity_lines": [ 5.641493, 5.751622, 5.899086, 5.983527 ] }, { "date": "2023-12-15", "close": 5.3662, "volume": 65322, "typical_volume": 16575.35, "trend": 6.03874, "fair_value": 7.057042, "relative_strength": -18.665441, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -78.557671, "energy": 82.581476, "activity_lines": [ 5.522367, 5.667167, 5.835294, 5.93848 ] }, { "date": "2023-12-22", "close": 5.1026, "volume": 37006, "typical_volume": 17469.2, "trend": 6.00856, "fair_value": 7.04153, "relative_strength": -21.853645, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -85.957813, "energy": 92.674015, "activity_lines": [ 5.3452, 5.546813, 5.752794, 5.878084 ] }, { "date": "2023-12-29", "close": 5.2951, "volume": 9003, "typical_volume": 17431.25, "trend": 5.980273, "fair_value": 7.027779, "relative_strength": -18.100242, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.975543, "energy": 85.62149, "activity_lines": [ 5.28394, 5.480087, 5.695676, 5.832055 ] }, { "date": "2024-01-05", "close": 5.1683, "volume": 1358, "typical_volume": 17004.7, "trend": 5.947013, "fair_value": 7.013252, "relative_strength": -18.158492, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -73.110058, "energy": 87.475833, "activity_lines": [ 5.22796, 5.398202, 5.630924, 5.779669 ] }, { "date": "2024-01-12", "close": 5.0781, "volume": 1163, "typical_volume": 16153.4, "trend": 5.90206, "fair_value": 6.99825, "relative_strength": -19.474974, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -76.21305, "energy": 86.806405, "activity_lines": [ 5.168027, 5.312624, 5.561157, 5.72361 ] }, { "date": "2024-01-19", "close": 4.74, "volume": 14914, "typical_volume": 16182.1, "trend": 5.860763, "fair_value": 6.980879, "relative_strength": -23.249487, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -89.642292, "energy": 90.744977, "activity_lines": [ 5.014007, 5.181202, 5.46381, 5.648639 ] }, { "date": "2024-01-26", "close": 4.9171, "volume": 18889, "typical_volume": 16742.0, "trend": 5.821673, "fair_value": 6.965125, "relative_strength": -22.433523, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -71.711758, "energy": 80.907009, "activity_lines": [ 4.960767, 5.1015, 5.391136, 5.587757 ] }, { "date": "2024-02-02", "close": 4.6665, "volume": 11725, "typical_volume": 16604.75, "trend": 5.77679, "fair_value": 6.947711, "relative_strength": -25.370487, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -82.734169, "energy": 87.009177, "activity_lines": [ 4.83636, 4.993718, 5.300155, 5.51323 ] }, { "date": "2024-02-09", "close": 4.8253, "volume": 101753, "typical_volume": 20871.0, "trend": 5.732513, "fair_value": 6.931753, "relative_strength": -22.753002, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.505081, "energy": 74.932235, "activity_lines": [ 4.806793, 4.939205, 5.23161, 5.451843 ] }, { "date": "2024-02-16", "close": 5.071, "volume": 79868, "typical_volume": 23679.0, "trend": 5.698347, "fair_value": 6.917867, "relative_strength": -19.60284, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.131921, "energy": 60.043702, "activity_lines": [ 4.881993, 4.942724, 5.192814, 5.409165 ] }, { "date": "2024-02-23", "close": 5.1868, "volume": 96623, "typical_volume": 27583.9, "trend": 5.647597, "fair_value": 6.905044, "relative_strength": -19.337278, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -50.006834, "energy": 44.718754, "activity_lines": [ 4.996267, 4.972502, 5.169951, 5.376162 ] }, { "date": "2024-03-01", "close": 5.2714, "volume": 116883, "typical_volume": 33227.85, "trend": 5.603877, "fair_value": 6.893032, "relative_strength": -17.168335, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -40.51088, "energy": 26.393865, "activity_lines": [ 5.108953, 5.020924, 5.15915, 5.351891 ] }, { "date": "2024-03-08", "close": 5.0232, "volume": 15413, "typical_volume": 33698.15, "trend": 5.563723, "fair_value": 6.879384, "relative_strength": -21.544886, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -35.569871, "energy": 27.855133, "activity_lines": [ 5.115287, 5.021149, 5.128786, 5.314428 ] }, { "date": "2024-03-15", "close": 5.2451, "volume": 47484, "typical_volume": 35205.6, "trend": 5.541253, "fair_value": 6.867541, "relative_strength": -18.922707, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -29.739866, "energy": 24.833125, "activity_lines": [ 5.171807, 5.066664, 5.122917, 5.293872 ] }, { "date": "2024-03-22", "close": 5.1748, "volume": 144173, "typical_volume": 41943.55, "trend": 5.51213, "fair_value": 6.855363, "relative_strength": -19.324609, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -28.827282, "energy": 20.868394, "activity_lines": [ 5.176907, 5.098, 5.113316, 5.27023 ] }, { "date": "2024-03-29", "close": 5.2236, "volume": 36703, "typical_volume": 43580.75, "trend": 5.473617, "fair_value": 6.843708, "relative_strength": -18.592484, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -18.600805, "energy": 13.44964, "activity_lines": [ 5.191353, 5.136451, 5.111995, 5.251615 ] }, { "date": "2024-04-05", "close": 5.2006, "volume": 24118, "typical_volume": 43720.45, "trend": 5.444143, "fair_value": 6.832055, "relative_strength": -17.037964, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -15.648181, "energy": 13.971071, "activity_lines": [ 5.19568, 5.161927, 5.111293, 5.234001 ] }, { "date": "2024-04-12", "close": 5.2021, "volume": 69525, "typical_volume": 46950.15, "trend": 5.410813, "fair_value": 6.820576, "relative_strength": -16.09069, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -14.89002, "energy": 11.197975, "activity_lines": [ 5.205227, 5.182522, 5.113963, 5.218385 ] }, { "date": "2024-04-19", "close": 5.1351, "volume": 24771, "typical_volume": 46512.1, "trend": 5.37669, "fair_value": 6.80879, "relative_strength": -16.917806, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -24.786917, "energy": 12.749057, "activity_lines": [ 5.180513, 5.181196, 5.114091, 5.200597 ] }, { "date": "2024-04-26", "close": 5.5203, "volume": 3439, "typical_volume": 46006.65, "trend": 5.35734, "fair_value": 6.799842, "relative_strength": -11.111044, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 14.217229, "energy": 19.46795, "activity_lines": [ 5.291533, 5.244275, 5.152928, 5.209863 ] }, { "date": "2024-05-03", "close": 5.7838, "volume": 32306, "typical_volume": 44355.85, "trend": 5.34921, "fair_value": 6.792834, "relative_strength": -5.088546, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 46.318856, "energy": 60.27516, "activity_lines": [ 5.467353, 5.347093, 5.216084, 5.237376 ] }, { "date": "2024-05-10", "close": 5.7826, "volume": 279094, "typical_volume": 56460.25, "trend": 5.337723, "fair_value": 6.785915, "relative_strength": -7.837445, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 53.071745, "energy": 73.026912, "activity_lines": [ 5.605427, 5.438838, 5.277138, 5.265337 ] }, { "date": "2024-05-17", "close": 6.0045, "volume": 48868, "typical_volume": 58453.5, "trend": 5.346897, "fair_value": 6.780599, "relative_strength": -3.491663, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 60.414302, "energy": 84.805202, "activity_lines": [ 5.778667, 5.561635, 5.356086, 5.308355 ] }, { "date": "2024-05-24", "close": 5.5688, "volume": 96524, "typical_volume": 63211.8, "trend": 5.33695, "fair_value": 6.772411, "relative_strength": -9.388508, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 38.519326, "energy": 72.832384, "activity_lines": [ 5.75318, 5.587371, 5.390161, 5.322671 ] }, { "date": "2024-05-31", "close": 5.3875, "volume": 15859, "typical_volume": 63946.6, "trend": 5.31861, "fair_value": 6.763117, "relative_strength": -10.832587, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 61.881918, "energy": 58.054363, "activity_lines": [ 5.638347, 5.574258, 5.405063, 5.325932 ] }, { "date": "2024-06-07", "close": 5.4432, "volume": 10478, "typical_volume": 63724.8, "trend": 5.306263, "fair_value": 6.754317, "relative_strength": -9.609755, "stage": 4, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 46.142603, "energy": 34.255807, "activity_lines": [ 5.550933, 5.567405, 5.423796, 5.33397 ] }, { "date": "2024-06-14", "close": 5.4442, "volume": 14145, "typical_volume": 63487.6, "trend": 5.29178, "fair_value": 6.745641, "relative_strength": -3.229711, "stage": 4, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 36.006258, "energy": 28.13258, "activity_lines": [ 5.48656, 5.556742, 5.439275, 5.342869 ] }, { "date": "2024-06-21", "close": 5.4608, "volume": 11426, "typical_volume": 63472.65, "trend": 5.27353, "fair_value": 6.737188, "relative_strength": -4.237144, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 31.461455, "energy": 27.755289, "activity_lines": [ 5.45028, 5.544667, 5.453826, 5.353774 ] }, { "date": "2024-06-28", "close": 5.3797, "volume": 5607, "typical_volume": 58665.35, "trend": 5.26752, "fair_value": 6.728316, "relative_strength": -3.52049, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 28.69703, "energy": 23.101687, "activity_lines": [ 5.423213, 5.513144, 5.45687, 5.360624 ] }, { "date": "2024-07-05", "close": 5.3523, "volume": 9087, "typical_volume": 55126.3, "trend": 5.267353, "fair_value": 6.719381, "relative_strength": -6.10685, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 23.115487, "energy": 19.177589, "activity_lines": [ 5.39962, 5.472191, 5.454665, 5.366093 ] }, { "date": "2024-07-12", "close": 5.5313, "volume": 26996, "typical_volume": 51644.95, "trend": 5.272857, "fair_value": 6.711715, "relative_strength": -3.282097, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 26.137865, "energy": 15.130649, "activity_lines": [ 5.43804, 5.466838, 5.468168, 5.383122 ] }, { "date": "2024-07-19", "close": 5.2973, "volume": 47396, "typical_volume": 48170.6, "trend": 5.279347, "fair_value": 6.702649, "relative_strength": -4.750741, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 4.043694, "energy": 9.15987, "activity_lines": [ 5.392587, 5.423531, 5.457744, 5.384699 ] }, { "date": "2024-07-26", "close": 5.158, "volume": 8199, "typical_volume": 47809.9, "trend": 5.274777, "fair_value": 6.679349, "relative_strength": -6.533234, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -10.354671, "energy": 17.959572, "activity_lines": [ 5.310493, 5.36372, 5.433931, 5.37687 ] }, { "date": "2024-08-02", "close": 5.2253, "volume": 49883, "typical_volume": 47929.85, "trend": 5.276677, "fair_value": 6.655696, "relative_strength": -1.378701, "stage": 1, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -22.198633, "energy": 33.445229, "activity_lines": [ 5.27102, 5.331536, 5.415885, 5.373678 ] }, { "date": "2024-08-09", "close": 5.1309, "volume": 4106, "typical_volume": 40926.5, "trend": 5.278437, "fair_value": 6.631168, "relative_strength": -3.034868, "stage": 1, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -31.732674, "energy": 50.620291, "activity_lines": [ 5.210373, 5.288435, 5.388943, 5.364273 ] }, { "date": "2024-08-16", "close": 5.1582, "volume": 33449, "typical_volume": 40763.8, "trend": 5.292377, "fair_value": 6.609751, "relative_strength": -4.536629, "stage": 1, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -25.545813, "energy": 51.588899, "activity_lines": [ 5.173587, 5.254962, 5.36481, 5.356516 ] }, { "date": "2024-08-23", "close": 5.0351, "volume": 9306, "typical_volume": 40023.2, "trend": 5.29631, "fair_value": 6.586094, "relative_strength": -7.960924, "stage": 1, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -48.224083, "energy": 62.593506, "activity_lines": [ 5.12064, 5.204289, 5.329265, 5.339918 ] }, { "date": "2024-08-30", "close": 5.1086, "volume": 33420, "typical_volume": 38217.95, "trend": 5.311047, "fair_value": 6.562121, "relative_strength": -6.768614, "stage": 1, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -37.539888, "energy": 58.301874, "activity_lines": [ 5.109673, 5.174418, 5.301508, 5.327807 ] }, { "date": "2024-09-06", "close": 4.9898, "volume": 19301, "typical_volume": 37944.45, "trend": 5.31653, "fair_value": 6.537192, "relative_strength": -5.074391, "stage": 1, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -75.354005, "energy": 74.256085, "activity_lines": [ 5.0624, 5.129351, 5.262882, 5.307082 ] }, { "date": "2024-09-13", "close": 5.0419, "volume": 18823, "typical_volume": 38713.65, "trend": 5.31556, "fair_value": 6.514779, "relative_strength": -5.113018, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.935074, "energy": 69.156227, "activity_lines": [ 5.048193, 5.100845, 5.22991, 5.289364 ] }, { "date": "2024-09-20", "close": 5.2462, "volume": 3953, "typical_volume": 37296.0, "trend": 5.31754, "fair_value": 6.494805, "relative_strength": -1.308445, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -59.055586, "energy": 40.990747, "activity_lines": [ 5.10802, 5.115129, 5.218672, 5.284889 ] }, { "date": "2024-09-27", "close": 6.2796, "volume": 124187, "typical_volume": 29550.65, "trend": 5.351147, "fair_value": 6.480144, "relative_strength": 13.863731, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 39.082623, "energy": 36.230805, "activity_lines": [ 5.506447, 5.322487, 5.308414, 5.346957 ] }, { "date": "2024-10-04", "close": 7.1282, "volume": 52655, "typical_volume": 29740.0, "trend": 5.421313, "fair_value": 6.46987, "relative_strength": 33.211933, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 89.124039, "energy": 91.381579, "activity_lines": [ 6.104773, 5.666276, 5.476609, 5.461606 ] }, { "date": "2024-10-11", "close": 6.6281, "volume": 72964, "typical_volume": 28562.0, "trend": 5.467413, "fair_value": 6.454831, "relative_strength": 23.269643, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 76.759951, "energy": 90.719549, "activity_lines": [ 6.40176, 5.883316, 5.591823, 5.539463 ] }, { "date": "2024-10-18", "close": 6.3781, "volume": 49471, "typical_volume": 30242.6, "trend": 5.507523, "fair_value": 6.436765, "relative_strength": 18.08112, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 64.115128, "energy": 86.961, "activity_lines": [ 6.506193, 6.029396, 5.678184, 5.598217 ] }, { "date": "2024-10-25", "close": 6.4018, "volume": 12329, "typical_volume": 30335.15, "trend": 5.546797, "fair_value": 6.419981, "relative_strength": 20.377032, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.264361, "energy": 87.014923, "activity_lines": [ 6.529447, 6.157109, 5.762085, 5.655912 ] }, { "date": "2024-11-01", "close": 6.3263, "volume": 95502, "typical_volume": 34403.0, "trend": 5.58432, "fair_value": 6.403751, "relative_strength": 20.340193, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.285385, "energy": 59.385486, "activity_lines": [ 6.450493, 6.248484, 5.834231, 5.706203 ] }, { "date": "2024-11-08", "close": 6.4363, "volume": 59644, "typical_volume": 36813.9, "trend": 5.62546, "fair_value": 6.386113, "relative_strength": 23.434389, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 62.562979, "energy": 51.731152, "activity_lines": [ 6.405093, 6.336382, 5.912652, 5.761169 ] }, { "date": "2024-11-15", "close": 6.2723, "volume": 19757, "typical_volume": 37521.4, "trend": 5.663367, "fair_value": 6.367615, "relative_strength": 21.267015, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 47.795495, "energy": 40.269362, "activity_lines": [ 6.351153, 6.370322, 5.97081, 5.802901 ] }, { "date": "2024-11-22", "close": 6.2389, "volume": 33236, "typical_volume": 38728.85, "trend": 5.68732, "fair_value": 6.350886, "relative_strength": 20.746602, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 44.065596, "energy": 34.560397, "activity_lines": [ 6.3098, 6.374871, 6.021535, 5.840032 ] }, { "date": "2024-11-29", "close": 6.2541, "volume": 13996, "typical_volume": 38078.85, "trend": 5.702997, "fair_value": 6.335954, "relative_strength": 21.022235, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 42.542295, "energy": 31.559158, "activity_lines": [ 6.282793, 6.36042, 6.069487, 5.876598 ] }, { "date": "2024-12-06", "close": 6.3282, "volume": 78064, "typical_volume": 39612.25, "trend": 5.721183, "fair_value": 6.32013, "relative_strength": 18.845315, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 40.763937, "energy": 27.925258, "activity_lines": [ 6.290333, 6.341116, 6.121053, 5.916934 ] }, { "date": "2024-12-13", "close": 6.3933, "volume": 48153, "typical_volume": 41609.95, "trend": 5.734143, "fair_value": 6.307179, "relative_strength": 19.845399, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 44.199364, "energy": 27.727915, "activity_lines": [ 6.319447, 6.332765, 6.173911, 5.960297 ] }, { "date": "2024-12-20", "close": 6.4671, "volume": 19626, "typical_volume": 40097.1, "trend": 5.764087, "fair_value": 6.29481, "relative_strength": 22.77549, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 55.615482, "energy": 33.79697, "activity_lines": [ 6.376027, 6.351195, 6.227915, 6.007584 ] }, { "date": "2024-12-27", "close": 6.4983, "volume": 56173, "typical_volume": 42700.45, "trend": 5.801113, "fair_value": 6.281921, "relative_strength": 21.425753, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 59.129791, "energy": 40.335222, "activity_lines": [ 6.43002, 6.378224, 6.278977, 6.054953 ] }, { "date": "2025-01-03", "close": 6.4018, "volume": 55369, "typical_volume": 43796.45, "trend": 5.833067, "fair_value": 6.270234, "relative_strength": 20.243764, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 55.718321, "energy": 44.774897, "activity_lines": [ 6.434553, 6.385522, 6.314337, 6.093707 ] }, { "date": "2025-01-10", "close": 6.0839, "volume": 22925, "typical_volume": 44477.4, "trend": 5.85439, "fair_value": 6.254796, "relative_strength": 11.577787, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 38.483809, "energy": 29.958562, "activity_lines": [ 6.323273, 6.33502, 6.313499, 6.109889 ] }, { "date": "2025-01-17", "close": 6.4128, "volume": 25276, "typical_volume": 44070.2, "trend": 5.886123, "fair_value": 6.241306, "relative_strength": 12.800057, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 46.74984, "energy": 29.659374, "activity_lines": [ 6.337913, 6.348725, 6.33899, 6.145916 ] }, { "date": "2025-01-24", "close": 6.4138, "volume": 28334, "typical_volume": 44521.85, "trend": 5.920593, "fair_value": 6.231283, "relative_strength": 9.247182, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 43.686704, "energy": 25.278773, "activity_lines": [ 6.351587, 6.36304, 6.358366, 6.17996 ] }, { "date": "2025-01-31", "close": 6.7614, "volume": 26988, "typical_volume": 44930.1, "trend": 5.967563, "fair_value": 6.222106, "relative_strength": 14.142228, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 74.457077, "energy": 44.232797, "activity_lines": [ 6.48468, 6.437982, 6.404066, 6.234205 ] }, { "date": "2025-02-07", "close": 6.8772, "volume": 10640, "typical_volume": 45264.45, "trend": 6.012427, "fair_value": 6.213288, "relative_strength": 15.076374, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 79.777813, "energy": 75.66521, "activity_lines": [ 6.638833, 6.524478, 6.452607, 6.292891 ] }, { "date": "2025-02-14", "close": 7.2324, "volume": 19373, "typical_volume": 40023.75, "trend": 6.07693, "fair_value": 6.207815, "relative_strength": 17.282297, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 88.980231, "energy": 90.544263, "activity_lines": [ 6.879693, 6.664227, 6.527209, 6.371599 ] }, { "date": "2025-02-21", "close": 7.6544, "volume": 8516, "typical_volume": 37816.8, "trend": 6.160143, "fair_value": 6.206953, "relative_strength": 23.584784, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 95.733388, "energy": 97.753258, "activity_lines": [ 7.184653, 6.864264, 6.637465, 6.473372 ] }, { "date": "2025-02-28", "close": 7.3675, "volume": 20056, "typical_volume": 35171.4, "trend": 6.23155, "fair_value": 6.206076, "relative_strength": 18.847587, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 73.941721, "energy": 90.060084, "activity_lines": [ 7.311207, 6.989207, 6.717891, 6.551266 ] }, { "date": "2025-03-07", "close": 7.45, "volume": 28482, "typical_volume": 34121.95, "trend": 6.308853, "fair_value": 6.210765, "relative_strength": 19.168029, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 72.907144, "energy": 89.136009, "activity_lines": [ 7.40168, 7.11278, 6.802653, 6.629875 ] }, { "date": "2025-03-14", "close": 7.5286, "volume": 36489, "typical_volume": 35329.95, "trend": 6.387867, "fair_value": 6.214699, "relative_strength": 20.921043, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 73.638841, "energy": 86.435506, "activity_lines": [ 7.472447, 7.23334, 6.889797, 6.708569 ] }, { "date": "2025-03-21", "close": 7.3689, "volume": 43134, "typical_volume": 32711.55, "trend": 6.46566, "fair_value": 6.216949, "relative_strength": 17.321466, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.35248, "energy": 62.789824, "activity_lines": [ 7.446553, 7.304376, 6.956366, 6.771861 ] }, { "date": "2025-03-28", "close": 7.2404, "volume": 39358, "typical_volume": 31697.25, "trend": 6.53672, "fair_value": 6.216245, "relative_strength": 16.326539, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 62.86261, "energy": 54.131523, "activity_lines": [ 7.368727, 7.328685, 7.005731, 6.821844 ] }, { "date": "2025-04-04", "close": 6.4905, "volume": 81760, "typical_volume": 34797.4, "trend": 6.586743, "fair_value": 6.210583, "relative_strength": 12.786828, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 22.087851, "energy": 18.946351, "activity_lines": [ 7.068533, 7.201602, 6.979849, 6.818862 ] }, { "date": "2025-04-11", "close": 6.1182, "volume": 140201, "typical_volume": 40145.65, "trend": 6.62262, "fair_value": 6.203181, "relative_strength": 8.305891, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -4.892378, "energy": 23.135854, "activity_lines": [ 6.702707, 7.005433, 6.91747, 6.788634 ] }, { "date": "2025-04-18", "close": 6.2259, "volume": 19142, "typical_volume": 40402.95, "trend": 6.655277, "fair_value": 6.19944, "relative_strength": 6.919042, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -32.966766, "energy": 41.355622, "activity_lines": [ 6.461567, 6.84054, 6.865924, 6.763039 ] }, { "date": "2025-04-25", "close": 6.5203, "volume": 14779, "typical_volume": 37238.7, "trend": 6.6633, "fair_value": 6.195095, "relative_strength": 7.780607, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -22.961952, "energy": 39.11727, "activity_lines": [ 6.405407, 6.741016, 6.84255, 6.754331 ] }, { "date": "2025-05-02", "close": 6.7154, "volume": 39839, "typical_volume": 36823.0, "trend": 6.64954, "fair_value": 6.195242, "relative_strength": 7.306459, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -21.614869, "energy": 34.669047, "activity_lines": [ 6.470853, 6.689913, 6.836841, 6.757692 ] }, { "date": "2025-05-09", "close": 6.7726, "volume": 24811, "typical_volume": 37082.25, "trend": 6.654357, "fair_value": 6.194178, "relative_strength": 8.152329, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -16.231916, "energy": 21.577664, "activity_lines": [ 6.590367, 6.666282, 6.835047, 6.765631 ] }, { "date": "2025-05-16", "close": 6.977, "volume": 115487, "typical_volume": 40047.95, "trend": 6.67432, "fair_value": 6.193326, "relative_strength": 9.009562, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 30.652796, "energy": 17.543389, "activity_lines": [ 6.759207, 6.690631, 6.851265, 6.786447 ] }, { "date": "2025-05-23", "close": 6.8602, "volume": 343230, "typical_volume": 54441.0, "trend": 6.6896, "fair_value": 6.192278, "relative_strength": 8.782048, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 30.051125, "energy": 22.788236, "activity_lines": [ 6.83186, 6.702344, 6.854079, 6.798439 ] }, { "date": "2025-05-30", "close": 6.6467, "volume": 1467, "typical_volume": 53368.1, "trend": 6.70028, "fair_value": 6.188409, "relative_strength": 4.70589, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 7.35622, "energy": 13.363602, "activity_lines": [ 6.79106, 6.687391, 6.834377, 6.795672 ] }, { "date": "2025-06-06", "close": 6.8262, "volume": 25767, "typical_volume": 53392.65, "trend": 6.713277, "fair_value": 6.183667, "relative_strength": 6.318347, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 28.456804, "energy": 19.005807, "activity_lines": [ 6.801667, 6.718205, 6.82909, 6.803795 ] }, { "date": "2025-06-13", "close": 6.7921, "volume": 151127, "typical_volume": 59532.3, "trend": 6.730603, "fair_value": 6.179217, "relative_strength": 7.045707, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 27.002956, "energy": 13.13518, "activity_lines": [ 6.79352, 6.750351, 6.818588, 6.808881 ] }, { "date": "2025-06-20", "close": 6.6547, "volume": 13583, "typical_volume": 58862.05, "trend": 6.744463, "fair_value": 6.171162, "relative_strength": 5.796642, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -19.391394, "energy": 10.960788, "activity_lines": [ 6.738273, 6.752031, 6.793198, 6.803984 ] }, { "date": "2025-06-27", "close": 6.866, "volume": 23180, "typical_volume": 59489.05, "trend": 6.76486, "fair_value": 6.164333, "relative_strength": 7.278274, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 12.398909, "energy": 6.50023, "activity_lines": [ 6.774947, 6.782375, 6.78844, 6.811825 ] }, { "date": "2025-07-04", "close": 6.6805, "volume": 10651, "typical_volume": 59052.95, "trend": 6.776603, "fair_value": 6.155018, "relative_strength": 3.905971, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -11.412271, "energy": 7.607563, "activity_lines": [ 6.7494, 6.767353, 6.766068, 6.806382 ] }, { "date": "2025-07-11", "close": 6.7878, "volume": 22089, "typical_volume": 59731.6, "trend": 6.789753, "fair_value": 6.150192, "relative_strength": 3.421924, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -3.93379, "energy": 5.934387, "activity_lines": [ 6.757367, 6.768927, 6.756544, 6.807105 ] }, { "date": "2025-07-18", "close": 7.1405, "volume": 36410, "typical_volume": 60549.3, "trend": 6.8122, "fair_value": 6.147256, "relative_strength": 8.366516, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 36.728706, "energy": 31.942511, "activity_lines": [ 6.88546, 6.833313, 6.784737, 6.829734 ] }, { "date": "2025-07-25", "close": 7.206, "volume": 16533, "typical_volume": 59951.85, "trend": 6.83579, "fair_value": 6.146442, "relative_strength": 8.614915, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 42.589071, "energy": 53.509338, "activity_lines": [ 7.01216, 6.902918, 6.820249, 6.85514 ] }, { "date": "2025-08-01", "close": 7.0173, "volume": 26909, "typical_volume": 59472.85, "trend": 6.856307, "fair_value": 6.144521, "relative_strength": 9.29366, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 28.172761, "energy": 51.134611, "activity_lines": [ 7.039207, 6.934051, 6.838951, 6.86685 ] }, { "date": "2025-08-08", "close": 7.1951, "volume": 2219, "typical_volume": 57427.1, "trend": 6.893347, "fair_value": 6.144237, "relative_strength": 8.665251, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 29.925012, "energy": 56.992411, "activity_lines": [ 7.115433, 6.994655, 6.877021, 6.888708 ] }, { "date": "2025-08-15", "close": 7.3264, "volume": 2356, "typical_volume": 55577.0, "trend": 6.9238, "fair_value": 6.145403, "relative_strength": 7.566509, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 47.598359, "energy": 65.710396, "activity_lines": [ 7.20112, 7.06916, 6.928424, 6.916647 ] }, { "date": "2025-08-22", "close": 7.5871, "volume": 41928, "typical_volume": 53585.4, "trend": 6.96291, "fair_value": 6.146297, "relative_strength": 10.040118, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 59.292395, "energy": 74.350847, "activity_lines": [ 7.3378, 7.181971, 7.004246, 6.95944 ] }, { "date": "2025-08-29", "close": 7.5309, "volume": 29129, "typical_volume": 48031.8, "trend": 6.98856, "fair_value": 6.149273, "relative_strength": 12.224804, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 76.988285, "energy": 84.903034, "activity_lines": [ 7.425973, 7.270109, 7.069494, 6.996085 ] }, { "date": "2025-09-05", "close": 7.522, "volume": 18553, "typical_volume": 48002.35, "trend": 7.010053, "fair_value": 6.152594, "relative_strength": 11.773673, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 70.487638, "energy": 85.008649, "activity_lines": [ 7.48952, 7.340698, 7.127167, 7.0305 ] }, { "date": "2025-09-12", "close": 7.8265, "volume": 89737, "typical_volume": 51750.25, "trend": 7.029857, "fair_value": 6.16024, "relative_strength": 13.255568, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 86.664893, "energy": 92.64605, "activity_lines": [ 7.62092, 7.454724, 7.207668, 7.083174 ] }, { "date": "2025-09-19", "close": 7.9382, "volume": 198320, "typical_volume": 59674.3, "trend": 7.039317, "fair_value": 6.169619, "relative_strength": 13.686602, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 85.847517, "energy": 92.297925, "activity_lines": [ 7.74746, 7.568222, 7.292587, 7.141777 ] }, { "date": "2025-09-26", "close": 7.9131, "volume": 3239, "typical_volume": 58595.7, "trend": 7.057503, "fair_value": 6.17949, "relative_strength": 12.595278, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 77.704007, "energy": 89.126902, "activity_lines": [ 7.824847, 7.65624, 7.369292, 7.19815 ] }, { "date": "2025-10-03", "close": 8.1777, "volume": 16318, "typical_volume": 53637.25, "trend": 7.08176, "fair_value": 6.19107, "relative_strength": 13.161725, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 86.974819, "energy": 92.683987, "activity_lines": [ 7.9687, 7.77832, 7.465767, 7.270421 ] }, { "date": "2025-10-10", "close": 7.7186, "volume": 33180, "typical_volume": 38134.75, "trend": 7.088093, "fair_value": 6.202553, "relative_strength": 8.780519, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.637559, "energy": 64.549796, "activity_lines": [ 7.9164, 7.79926, 7.5128, 7.311508 ] }, { "date": "2025-10-17", "close": 7.7734, "volume": 55416, "typical_volume": 40832.2, "trend": 7.101577, "fair_value": 6.215513, "relative_strength": 5.862042, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 63.586106, "energy": 57.667864, "activity_lines": [ 7.86926, 7.817413, 7.560965, 7.355721 ] }, { "date": "2025-10-24", "close": 7.9537, "volume": 11984, "typical_volume": 40143.05, "trend": 7.125353, "fair_value": 6.233739, "relative_strength": 7.380254, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 68.459715, "energy": 56.162588, "activity_lines": [ 7.88576, 7.857833, 7.620936, 7.410697 ] }, { "date": "2025-10-31", "close": 7.9356, "volume": 9738, "typical_volume": 33073.6, "trend": 7.173523, "fair_value": 6.246717, "relative_strength": 8.230274, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.543881, "energy": 48.494052, "activity_lines": [ 7.895193, 7.883556, 7.673814, 7.462971 ] }, { "date": "2025-11-07", "close": 7.8296, "volume": 29530, "typical_volume": 33870.95, "trend": 7.23057, "fair_value": 6.258776, "relative_strength": 8.830052, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 48.655711, "energy": 41.269005, "activity_lines": [ 7.867793, 7.883671, 7.711152, 7.505298 ] }, { "date": "2025-11-14", "close": 7.9638, "volume": 1124, "typical_volume": 32768.15, "trend": 7.2885, "fair_value": 6.271299, "relative_strength": 7.460246, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.113998, "energy": 47.091754, "activity_lines": [ 7.908333, 7.902755, 7.755676, 7.552603 ] }, { "date": "2025-11-21", "close": 7.5619, "volume": 14539, "typical_volume": 32962.55, "trend": 7.32322, "fair_value": 6.282803, "relative_strength": 4.240062, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 40.006273, "energy": 27.561024, "activity_lines": [ 7.79856, 7.840733, 7.756696, 7.570242 ] }, { "date": "2025-11-28", "close": 7.7142, "volume": 8037, "typical_volume": 32259.95, "trend": 7.356513, "fair_value": 6.291429, "relative_strength": 4.317592, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 35.921402, "energy": 19.726047, "activity_lines": [ 7.753653, 7.811213, 7.768023, 7.595466 ] }, { "date": "2025-12-05", "close": 7.7242, "volume": 12027, "typical_volume": 31040.8, "trend": 7.388233, "fair_value": 6.298529, "relative_strength": 4.335442, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 31.362957, "energy": 17.759213, "activity_lines": [ 7.728047, 7.787584, 7.775892, 7.619188 ] }, { "date": "2025-12-12", "close": 7.5599, "volume": 23944, "typical_volume": 31411.35, "trend": 7.407663, "fair_value": 6.306058, "relative_strength": 2.53966, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 6.541396, "energy": 15.213558, "activity_lines": [ 7.661767, 7.737516, 7.765333, 7.630263 ] }, { "date": "2025-12-19", "close": 7.59, "volume": 66499, "typical_volume": 33390.85, "trend": 7.43199, "fair_value": 6.314068, "relative_strength": 1.812459, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 7.106801, "energy": 13.056926, "activity_lines": [ 7.6235, 7.704155, 7.755956, 7.642027 ] }, { "date": "2025-12-26", "close": 7.5051, "volume": 465, "typical_volume": 33303.15, "trend": 7.460603, "fair_value": 6.321008, "relative_strength": 1.176664, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -2.765418, "energy": 14.330534, "activity_lines": [ 7.581853, 7.657695, 7.735766, 7.646744 ] }, { "date": "2026-01-02", "close": 7.6921, "volume": 12436, "typical_volume": 33807.15, "trend": 7.489467, "fair_value": 6.325711, "relative_strength": 2.410154, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 5.967746, "energy": 13.56544, "activity_lines": [ 7.606327, 7.650113, 7.73191, 7.661679 ] }, { "date": "2026-01-09", "close": 7.7894, "volume": 13706, "typical_volume": 32396.05, "trend": 7.52271, "fair_value": 6.330403, "relative_strength": 1.395968, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 16.748997, "energy": 9.974995, "activity_lines": [ 7.664707, 7.664978, 7.735578, 7.68103 ] }, { "date": "2026-01-16", "close": 7.8034, "volume": 15487, "typical_volume": 31713.95, "trend": 7.561, "fair_value": 6.335328, "relative_strength": 2.604022, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 32.97272, "energy": 17.583111, "activity_lines": [ 7.723407, 7.685047, 7.739617, 7.699139 ] }, { "date": "2026-01-23", "close": 7.7599, "volume": 55893, "typical_volume": 33580.95, "trend": 7.590797, "fair_value": 6.338239, "relative_strength": 3.174104, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 33.366004, "energy": 22.440278, "activity_lines": [ 7.751373, 7.697684, 7.738215, 7.711971 ] }, { "date": "2026-01-30", "close": 7.6602, "volume": 17365, "typical_volume": 29962.35, "trend": 7.623453, "fair_value": 6.342471, "relative_strength": 1.860135, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 27.534942, "energy": 18.424076, "activity_lines": [ 7.73478, 7.6959, 7.726185, 7.716449 ] }, { "date": "2026-02-06", "close": 7.5924, "volume": 85340, "typical_volume": 24313.35, "trend": 7.650273, "fair_value": 6.346201, "relative_strength": -0.952296, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 8.545604, "energy": 5.756368, "activity_lines": [ 7.685247, 7.680002, 7.70849, 7.714445 ] }, { "date": "2026-02-13", "close": 7.3853, "volume": 43368, "typical_volume": 26319.8, "trend": 7.658433, "fair_value": 6.350908, "relative_strength": -4.10178, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -37.754453, "energy": 39.455914, "activity_lines": [ 7.573327, 7.628664, 7.672717, 7.69735 ] }, { "date": "2026-02-20", "close": 7.4957, "volume": 32701, "typical_volume": 27138.95, "trend": 7.66809, "fair_value": 6.35742, "relative_strength": -4.881741, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -30.567954, "energy": 49.557594, "activity_lines": [ 7.525147, 7.60356, 7.649972, 7.686851 ] }, { "date": "2026-02-27", "close": 7.2854, "volume": 9669, "typical_volume": 25963.4, "trend": 7.677027, "fair_value": 6.360478, "relative_strength": -8.140448, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -73.801973, "energy": 71.64662, "activity_lines": [ 7.42738, 7.541387, 7.610447, 7.662162 ] }, { "date": "2026-03-06", "close": 7.0653, "volume": 100898, "typical_volume": 28237.5, "trend": 7.6727, "fair_value": 6.365828, "relative_strength": -4.304111, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -85.45665, "energy": 83.268799, "activity_lines": [ 7.28788, 7.444735, 7.552022, 7.622695 ] }, { "date": "2026-03-13", "close": 7.3563, "volume": 132677, "typical_volume": 34272.15, "trend": 7.673697, "fair_value": 6.372554, "relative_strength": 0.686186, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.3466, "energy": 71.665702, "activity_lines": [ 7.28504, 7.408987, 7.524683, 7.602282 ] }, { "date": "2026-03-20", "close": 6.9556, "volume": 242346, "typical_volume": 45902.55, "trend": 7.652647, "fair_value": 6.375669, "relative_strength": -1.726147, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -82.578468, "energy": 81.707639, "activity_lines": [ 7.164373, 7.306491, 7.462028, 7.555954 ] }, { "date": "2026-03-27", "close": 6.9512, "volume": 140629, "typical_volume": 51457.5, "trend": 7.633323, "fair_value": 6.378408, "relative_strength": -2.226897, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -75.921877, "energy": 79.392582, "activity_lines": [ 7.070887, 7.218355, 7.40362, 7.510699 ] }, { "date": "2026-04-03", "close": 7.0143, "volume": 21977, "typical_volume": 52500.15, "trend": 7.6164, "fair_value": 6.38249, "relative_strength": -4.544066, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.016356, "energy": 68.442446, "activity_lines": [ 7.034733, 7.157185, 7.355404, 7.470762 ] }, { "date": "2026-04-10", "close": 7.136, "volume": 98243, "typical_volume": 56685.35, "trend": 7.593383, "fair_value": 6.387631, "relative_strength": -6.387832, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.123259, "energy": 59.984023, "activity_lines": [ 7.05722, 7.1317, 7.3233, 7.439768 ] }, { "date": "2026-04-17", "close": 7.3582, "volume": 89662, "typical_volume": 60766.6, "trend": 7.57405, "fair_value": 6.39493, "relative_strength": -5.406578, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -56.61186, "energy": 40.693812, "activity_lines": [ 7.14906, 7.156145, 7.314386, 7.424595 ] }, { "date": "2026-04-24", "close": 7.1732, "volume": 43391, "typical_volume": 62334.8, "trend": 7.549387, "fair_value": 6.401612, "relative_strength": -4.79119, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -43.278802, "energy": 28.49268, "activity_lines": [ 7.179107, 7.151213, 7.289549, 7.398734 ] }, { "date": "2026-05-01", "close": 7.1222, "volume": 95306, "typical_volume": 65902.9, "trend": 7.514203, "fair_value": 6.40762, "relative_strength": -4.994041, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -42.615824, "energy": 24.415402, "activity_lines": [ 7.177647, 7.140864, 7.262478, 7.371174 ] }, { "date": "2026-05-08", "close": 7.2369, "volume": 66588, "typical_volume": 65907.35, "trend": 7.498147, "fair_value": 6.4146, "relative_strength": -3.472104, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -36.921751, "energy": 19.747014, "activity_lines": [ 7.20302, 7.15816, 7.248415, 7.353283 ] }, { "date": "2026-05-15", "close": 7.1074, "volume": 92788, "typical_volume": 70523.5, "trend": 7.475947, "fair_value": 6.420822, "relative_strength": -3.310101, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -42.947824, "energy": 25.445859, "activity_lines": [ 7.170387, 7.152793, 7.2237, 7.328074 ] }, { "date": "2026-05-22", "close": 6.9792, "volume": 202462, "typical_volume": 80024.8, "trend": 7.443463, "fair_value": 6.427047, "relative_strength": -6.911101, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.704976, "energy": 36.291533, "activity_lines": [ 7.096927, 7.123351, 7.18867, 7.296025 ] }, { "date": "2026-05-29", "close": 6.8919, "volume": 50666, "typical_volume": 81872.8, "trend": 7.408673, "fair_value": 6.431844, "relative_strength": -8.805821, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -68.110022, "energy": 48.686, "activity_lines": [ 7.019633, 7.084893, 7.14872, 7.260441 ] }, { "date": "2026-06-05", "close": 6.8813, "volume": 20136, "typical_volume": 82105.25, "trend": 7.377063, "fair_value": 6.436428, "relative_strength": -9.262305, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -68.604819, "energy": 65.006521, "activity_lines": [ 6.95756, 7.045665, 7.112034, 7.226417 ] }, { "date": "2026-06-12", "close": 6.9052, "volume": 13140, "typical_volume": 79967.6, "trend": 7.341777, "fair_value": 6.439496, "relative_strength": -10.28677, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.02984, "energy": 69.797391, "activity_lines": [ 6.919513, 7.012055, 7.082015, 7.195974 ] }, { "date": "2026-06-19", "close": 6.7544, "volume": 40945, "typical_volume": 81146.6, "trend": 7.31486, "fair_value": 6.444467, "relative_strength": -12.842334, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -77.768383, "energy": 80.583192, "activity_lines": [ 6.853313, 6.953009, 7.041705, 7.158078 ] }, { "date": "2026-06-26", "close": 6.5228, "volume": 50481, "typical_volume": 79403.65, "trend": 7.275147, "fair_value": 6.447242, "relative_strength": -15.2636, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -88.399262, "energy": 88.649137, "activity_lines": [ 6.733447, 6.858793, 6.98365, 7.106978 ] }, { "date": "2026-07-03", "close": 6.6132, "volume": 33986, "typical_volume": 78934.55, "trend": 7.238113, "fair_value": 6.45109, "relative_strength": -15.172029, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -75.333369, "energy": 85.398513, "activity_lines": [ 6.67414, 6.796202, 6.939299, 7.064272 ] }, { "date": "2026-07-10", "close": 6.8418, "volume": 137649, "typical_volume": 84181.95, "trend": 7.214177, "fair_value": 6.455501, "relative_strength": -10.372634, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.466643, "energy": 73.279139, "activity_lines": [ 6.709613, 6.785356, 6.920396, 7.038703 ] }, { "date": "2026-07-17", "close": 6.7889, "volume": 114729, "typical_volume": 89434.95, "trend": 7.187473, "fair_value": 6.459943, "relative_strength": -10.879195, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.629407, "energy": 53.54138, "activity_lines": [ 6.730087, 6.769991, 6.899568, 7.011266 ] }, { "date": "2026-07-24", "close": 6.907, "volume": 121512, "typical_volume": 90465.65, "trend": 7.167537, "fair_value": 6.46121, "relative_strength": -9.510774, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -45.576819, "energy": 33.472113, "activity_lines": [ 6.79768, 6.784244, 6.892352, 6.993171 ] }, { "date": "2026-07-31", "close": 7.0777, "volume": 114449, "typical_volume": 89554.25, "trend": 7.147057, "fair_value": 6.464381, "relative_strength": -8.581818, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -21.063116, "energy": 20.1632, "activity_lines": [ 6.912, 6.833176, 6.902148, 6.987375 ] }, { "date": "2026-08-07", "close": 7.1652, "volume": 81550, "typical_volume": 81514.45, "trend": 7.12625, "fair_value": 6.47039, "relative_strength": -9.426747, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -2.796117, "energy": 19.626817, "activity_lines": [ 7.018493, 6.896227, 6.921603, 6.988545 ] } ], "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." } } }