{ "ticker": { "uuid": "a7d95523-4405-46b7-a7b2-55f5aeb5da21", "symbol": "CALY", "name": "Callaway Golf Company", "exchange": "NYSE", "country": "US", "assetType": "equity" }, "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.", "analysis": { "eligible": true, "as_of": "2026-08-07", "benchmark": "SPY", "stage": 2, "stage_name": "Advancing", "phase": "2b", "phase_label": "Stage 2B \u00b7 Advancing", "transition": "stage_2_healthy", "transition_label": "Stage 2 trend intact", "confidence": 96.0, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Established expansion", "architecture_gate": "up", "architecture_direction": 44.584, "architecture_energy": 33.839, "architecture_maturity": 71.433, "architecture_confidence": 66.723, "architecture_tenure": "Established", "architecture": { "interpretation": { "headline": "The weekly architecture is expanding upward.", "body": "Trend and Activity show sustained positive alignment with constructive price acceptance. Directional energy remains positive; cooling within this regime can indicate that it is maturing." }, "scores": { "balance": 36.33, "rotation_up": 39.73, "upward_expansion": 63.36, "deceleration": 67.42, "rotation_down": 23.97, "downward_expansion": 15.69 }, "activity_lines": [ 18.228667, 18.289091, 17.401381, 16.59228 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.333333 }, "latest_close": 17.59, "trend_reference": 15.718333, "distance_from_trend": 0.119075, "trend_direction": "Improving", "fair_value": 12.094231, "distance_from_fair_value": 0.454412, "fair_value_direction": "Improving", "relative_strength": 17.120071, "relative_strength_direction": "Weakening", "price_momentum": 0.171885, "excess_performance": 0.046261, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.119075, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.153357, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.454412, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.019915, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.171201, "read": "Leading" }, { "label": "Relative strength direction", "positive": false, "value": -0.238152, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.171885, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 1.744225, "read": "Demand-led" } ], "volume": { "latest": 13610973, "relative_activity": 1.138522, "balance": 1.744225, "dry_up": 0.876048, "accumulation_observations": 3, "distribution_observations": 2 }, "risk": { "range_context": 0.101349, "annualized_volatility": 0.5591, "from_high_reference": -0.132643, "from_low_reference": 1.19875 }, "levels": { "trend_reference": 15.718333, "fair_value_reference": 12.094231, "structural_low": 12.26, "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 15, "median_return": 0.004572, "positive_rate": 0.533333, "directional_follow_through": 0.533333, "median_excess_return": -0.003094, "regime_survival": 0.8, "best_return": 0.234392, "worst_return": -0.137242, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 6, "median_return": -0.000195, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": -0.052532, "regime_survival": 0.666667, "best_return": 0.549156, "worst_return": -0.307014, "sufficient": true }, { "horizon": "Extended", "sample_count": 4, "median_return": -0.073766, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": -0.15265, "regime_survival": 0.5, "best_return": 0.577351, "worst_return": -0.325912, "sufficient": false }, { "horizon": "Full cycle", "sample_count": 3, "median_return": -0.377572, "positive_rate": 0.333333, "directional_follow_through": 0.333333, "median_excess_return": -0.622863, "regime_survival": 0.333333, "best_return": 0.836198, "worst_return": -0.596166, "sufficient": false } ], "ledger": [ { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2023-02-17", "end": "2023-03-10", "tenure": "New", "return": -0.053339, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2023-03-17", "end": "2023-05-05", "tenure": "Developing", "return": 0.067367, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2023-05-12", "end": "2023-05-26", "tenure": "New", "return": -0.008681, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2023-06-02", "end": "2024-01-05", "tenure": "Extended", "return": -0.239237, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-01-12", "end": "2024-03-22", "tenure": "Developing", "return": 0.141202, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-03-29", "end": "2024-05-10", "tenure": "Developing", "return": -0.067409, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-05-17", "end": "2024-08-02", "tenure": "Developing", "return": -0.013236, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2024-08-09", "end": "2024-08-16", "tenure": "New", "return": 0.015165, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2024-08-23", "end": "2025-06-06", "tenure": "Extended", "return": -0.425893, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-06-13", "end": "2025-06-20", "tenure": "New", "return": 0.073643, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-06-27", "end": "2025-07-18", "tenure": "New", "return": 0.139334, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-07-25", "end": "2026-03-06", "tenure": "Extended", "return": 0.309403, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-03-13", "end": "2026-04-17", "tenure": "Developing", "return": 0.147982, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-04-24", "end": "2026-08-07", "tenure": "Established", "return": 0.148922, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 16.39, "volume": 9318608, "typical_volume": 11684112.6, "trend": 20.583, "fair_value": 23.986795, "relative_strength": -26.567111, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -81.93214, "energy": 80.502571, "activity_lines": [ 17.695333, 18.488182, 18.865286, 19.510989 ] }, { "date": "2023-08-25", "close": 16.43, "volume": 8594359, "typical_volume": 11865160.75, "trend": 20.338667, "fair_value": 23.959423, "relative_strength": -26.426518, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -77.518777, "energy": 86.113843, "activity_lines": [ 17.076667, 18.034364, 18.579381, 19.243054 ] }, { "date": "2023-09-01", "close": 17.41, "volume": 14418891, "typical_volume": 12206518.95, "trend": 20.071, "fair_value": 23.94, "relative_strength": -23.446133, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.093512, "energy": 81.625367, "activity_lines": [ 16.983333, 17.813818, 18.407143, 19.054108 ] }, { "date": "2023-09-08", "close": 16.49, "volume": 7891139, "typical_volume": 12351033.25, "trend": 19.848333, "fair_value": 23.921923, "relative_strength": -25.988102, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -71.832863, "energy": 83.973436, "activity_lines": [ 16.730667, 17.458545, 18.171048, 18.823075 ] }, { "date": "2023-09-15", "close": 16.22, "volume": 11504942, "typical_volume": 12598021.95, "trend": 19.595333, "fair_value": 23.904167, "relative_strength": -26.532671, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -73.539383, "energy": 76.747757, "activity_lines": [ 16.569333, 17.115273, 17.939619, 18.588989 ] }, { "date": "2023-09-22", "close": 14.3, "volume": 15098648, "typical_volume": 13012941.65, "trend": 19.291667, "fair_value": 23.87859, "relative_strength": -32.729773, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -89.426453, "energy": 79.00623, "activity_lines": [ 15.806667, 16.486909, 17.553667, 18.247355 ] }, { "date": "2023-09-29", "close": 13.84, "volume": 20998074, "typical_volume": 12668864.55, "trend": 18.965333, "fair_value": 23.842115, "relative_strength": -33.86903, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -87.493377, "energy": 91.053288, "activity_lines": [ 15.03, 15.870909, 17.16219, 17.895634 ] }, { "date": "2023-10-06", "close": 13.57, "volume": 13904498, "typical_volume": 12351097.85, "trend": 18.666333, "fair_value": 23.801474, "relative_strength": -34.96449, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -82.327732, "energy": 91.346569, "activity_lines": [ 14.336, 15.307091, 16.761381, 17.547548 ] }, { "date": "2023-10-13", "close": 12.65, "volume": 11572512, "typical_volume": 12063781.25, "trend": 18.390333, "fair_value": 23.753013, "relative_strength": -39.16057, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -86.649211, "energy": 94.419755, "activity_lines": [ 13.591333, 14.686, 16.286905, 17.159398 ] }, { "date": "2023-10-20", "close": 13.06, "volume": 13213242, "typical_volume": 12226710.0, "trend": 18.141, "fair_value": 23.707949, "relative_strength": -35.251696, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -72.962292, "energy": 88.625074, "activity_lines": [ 13.239333, 14.258727, 15.87281, 16.815505 ] }, { "date": "2023-10-27", "close": 12.13, "volume": 11158225, "typical_volume": 11991907.55, "trend": 17.824667, "fair_value": 23.68641, "relative_strength": -37.843017, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -81.414304, "energy": 88.426596, "activity_lines": [ 12.788, 13.730364, 15.395333, 16.427699 ] }, { "date": "2023-11-03", "close": 13.02, "volume": 16976994, "typical_volume": 12136923.8, "trend": 17.568667, "fair_value": 23.659936, "relative_strength": -36.4326, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.46132, "energy": 66.493277, "activity_lines": [ 12.778, 13.441273, 15.038381, 16.11772 ] }, { "date": "2023-11-10", "close": 10.05, "volume": 31829420, "typical_volume": 13270600.35, "trend": 17.157, "fair_value": 23.616987, "relative_strength": -50.95427, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -91.876801, "energy": 75.454724, "activity_lines": [ 11.832667, 12.674182, 14.429238, 15.632645 ] }, { "date": "2023-11-17", "close": 11.92, "volume": 26119355, "typical_volume": 14068855.5, "trend": 16.792, "fair_value": 23.573141, "relative_strength": -42.524918, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.861627, "energy": 65.459468, "activity_lines": [ 11.745333, 12.380909, 14.041762, 15.294774 ] }, { "date": "2023-11-24", "close": 11.76, "volume": 9350052, "typical_volume": 14232677.25, "trend": 16.445, "fair_value": 23.515641, "relative_strength": -43.247644, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.918219, "energy": 63.706692, "activity_lines": [ 11.653333, 12.141636, 13.67681, 14.970129 ] }, { "date": "2023-12-01", "close": 13.07, "volume": 16581368, "typical_volume": 14538992.7, "trend": 16.136, "fair_value": 23.453013, "relative_strength": -36.739268, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.132267, "energy": 57.092078, "activity_lines": [ 12.084667, 12.221636, 13.474619, 14.752387 ] }, { "date": "2023-12-08", "close": 12.85, "volume": 16409808, "typical_volume": 14874488.15, "trend": 15.988333, "fair_value": 23.389423, "relative_strength": -37.183048, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -45.785671, "energy": 40.298197, "activity_lines": [ 12.38, 12.284, 13.282476, 14.540387 ] }, { "date": "2023-12-15", "close": 13.98, "volume": 43870966, "typical_volume": 16651284.6, "trend": 15.904333, "fair_value": 23.320449, "relative_strength": -32.549286, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -38.469493, "energy": 25.054764, "activity_lines": [ 13.063333, 12.569818, 13.22919, 14.410817 ] }, { "date": "2023-12-22", "close": 14.26, "volume": 14669567, "typical_volume": 16920847.45, "trend": 15.808667, "fair_value": 23.255577, "relative_strength": -31.160902, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -29.362425, "energy": 26.860921, "activity_lines": [ 13.578, 12.899091, 13.229429, 14.304731 ] }, { "date": "2023-12-29", "close": 14.34, "volume": 8731204, "typical_volume": 16110593.6, "trend": 15.675, "fair_value": 23.19359, "relative_strength": -30.334455, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -20.111427, "energy": 24.203593, "activity_lines": [ 13.963333, 13.213636, 13.260857, 14.209978 ] }, { "date": "2024-01-05", "close": 13.96, "volume": 12364712, "typical_volume": 16262898.8, "trend": 15.485667, "fair_value": 23.114038, "relative_strength": -30.363822, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -10.355285, "energy": 20.337382, "activity_lines": [ 14.05, 13.435818, 13.26781, 14.099333 ] }, { "date": "2024-01-12", "close": 13.81, "volume": 12900358, "typical_volume": 16478198.75, "trend": 15.297333, "fair_value": 23.029487, "relative_strength": -31.509436, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -10.39711, "energy": 16.632005, "activity_lines": [ 14.027333, 13.597455, 13.272048, 13.991226 ] }, { "date": "2024-01-19", "close": 13.93, "volume": 10034241, "typical_volume": 16258966.25, "trend": 15.121667, "fair_value": 22.933205, "relative_strength": -30.790205, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -10.72532, "energy": 13.198513, "activity_lines": [ 13.980667, 13.766545, 13.30019, 13.903011 ] }, { "date": "2024-01-26", "close": 13.89, "volume": 11697343, "typical_volume": 16449276.45, "trend": 14.923, "fair_value": 22.843462, "relative_strength": -30.704912, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -11.879897, "energy": 9.592914, "activity_lines": [ 13.924, 13.857818, 13.341095, 13.823548 ] }, { "date": "2024-02-02", "close": 13.51, "volume": 12007669, "typical_volume": 16474412.8, "trend": 14.715333, "fair_value": 22.732756, "relative_strength": -32.431173, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -22.585433, "energy": 12.054079, "activity_lines": [ 13.765333, 13.844182, 13.35819, 13.732387 ] }, { "date": "2024-02-09", "close": 13.79, "volume": 12430905, "typical_volume": 16341025.65, "trend": 14.522333, "fair_value": 22.629295, "relative_strength": -30.984394, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -23.612681, "energy": 12.949407, "activity_lines": [ 13.755333, 13.849636, 13.414857, 13.672688 ] }, { "date": "2024-02-16", "close": 14.82, "volume": 25456657, "typical_volume": 16563954.8, "trend": 14.369333, "fair_value": 22.544167, "relative_strength": -24.497212, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 5.766117, "energy": 9.236898, "activity_lines": [ 14.1, 14.029273, 13.572048, 13.691892 ] }, { "date": "2024-02-23", "close": 14.42, "volume": 7825223, "typical_volume": 16259991.05, "trend": 14.196, "fair_value": 22.457436, "relative_strength": -26.607632, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 16.14306, "energy": 18.530449, "activity_lines": [ 14.244, 14.100364, 13.686476, 13.695161 ] }, { "date": "2024-03-01", "close": 14.3, "volume": 11963221, "typical_volume": 16279526.5, "trend": 14.032333, "fair_value": 22.365769, "relative_strength": -26.782485, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 23.367627, "energy": 30.82154, "activity_lines": [ 14.315333, 14.141636, 13.785429, 13.701871 ] }, { "date": "2024-03-08", "close": 14.15, "volume": 9627692, "typical_volume": 16100249.0, "trend": 13.944, "fair_value": 22.258397, "relative_strength": -26.211209, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 23.498688, "energy": 31.567967, "activity_lines": [ 14.309333, 14.154909, 13.862238, 13.709462 ] }, { "date": "2024-03-15", "close": 13.91, "volume": 13101348, "typical_volume": 16197405.15, "trend": 13.861333, "fair_value": 22.165321, "relative_strength": -26.398019, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 19.818802, "energy": 16.453103, "activity_lines": [ 14.180667, 14.128, 13.911, 13.707269 ] }, { "date": "2024-03-22", "close": 15.76, "volume": 23852101, "typical_volume": 16541160.5, "trend": 13.839, "fair_value": 22.089231, "relative_strength": -17.469934, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 45.400664, "energy": 41.141796, "activity_lines": [ 14.660667, 14.438364, 14.127476, 13.829763 ] }, { "date": "2024-03-29", "close": 16.17, "volume": 7461165, "typical_volume": 15322747.75, "trend": 13.797667, "fair_value": 22.018846, "relative_strength": -14.60809, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 75.068478, "energy": 66.192444, "activity_lines": [ 15.214667, 14.787818, 14.369952, 13.980151 ] }, { "date": "2024-04-05", "close": 16.45, "volume": 12074635, "typical_volume": 14620511.75, "trend": 13.796333, "fair_value": 21.94609, "relative_strength": -11.430054, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 75.735306, "energy": 77.901003, "activity_lines": [ 15.745333, 15.147455, 14.609952, 14.151269 ] }, { "date": "2024-04-12", "close": 16.0, "volume": 7031786, "typical_volume": 14504598.45, "trend": 13.789, "fair_value": 21.861859, "relative_strength": -11.444324, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.233032, "energy": 77.15413, "activity_lines": [ 15.982667, 15.378727, 14.785524, 14.293441 ] }, { "date": "2024-04-19", "close": 15.6, "volume": 7356340, "typical_volume": 14043347.05, "trend": 13.832333, "fair_value": 21.774103, "relative_strength": -9.705426, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 62.592674, "energy": 71.763028, "activity_lines": [ 15.963333, 15.492, 14.90281, 14.41028 ] }, { "date": "2024-04-26", "close": 15.85, "volume": 5989334, "typical_volume": 13522323.35, "trend": 13.899333, "fair_value": 21.690128, "relative_strength": -9.480773, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 60.771162, "energy": 56.591556, "activity_lines": [ 15.914667, 15.617818, 15.031857, 14.540452 ] }, { "date": "2024-05-03", "close": 16.0, "volume": 8300723, "typical_volume": 11743811.2, "trend": 13.980333, "fair_value": 21.593141, "relative_strength": -7.951176, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 60.426784, "energy": 43.439536, "activity_lines": [ 15.91, 15.752182, 15.160905, 14.675978 ] }, { "date": "2024-05-10", "close": 15.08, "volume": 14886958, "typical_volume": 11754680.75, "trend": 14.061333, "fair_value": 21.473013, "relative_strength": -14.172408, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 42.494989, "energy": 27.27962, "activity_lines": [ 15.61, 15.690545, 15.192714, 14.746925 ] }, { "date": "2024-05-17", "close": 15.11, "volume": 7064501, "typical_volume": 11671345.6, "trend": 14.129667, "fair_value": 21.352179, "relative_strength": -14.844331, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 38.236982, "energy": 22.182746, "activity_lines": [ 15.411333, 15.620182, 15.223476, 14.814581 ] }, { "date": "2024-05-24", "close": 14.98, "volume": 9163519, "typical_volume": 11511285.95, "trend": 14.224667, "fair_value": 21.211538, "relative_strength": -14.936752, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 32.56964, "energy": 18.566145, "activity_lines": [ 15.228667, 15.508727, 15.23819, 14.869441 ] }, { "date": "2024-05-31", "close": 15.65, "volume": 7933927, "typical_volume": 11262964.4, "trend": 14.312333, "fair_value": 21.085513, "relative_strength": -10.064204, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 35.883169, "energy": 19.729153, "activity_lines": [ 15.310667, 15.499636, 15.311857, 14.961398 ] }, { "date": "2024-06-07", "close": 15.35, "volume": 8220778, "typical_volume": 11172291.25, "trend": 14.489, "fair_value": 20.963333, "relative_strength": -11.981914, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 32.201297, "energy": 15.299406, "activity_lines": [ 15.306, 15.438, 15.34819, 15.028344 ] }, { "date": "2024-06-14", "close": 15.03, "volume": 8086975, "typical_volume": 10991772.85, "trend": 14.592667, "fair_value": 20.854936, "relative_strength": -14.348426, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 18.293771, "energy": 9.283772, "activity_lines": [ 15.238, 15.333091, 15.347286, 15.063247 ] }, { "date": "2024-06-21", "close": 15.23, "volume": 7449861, "typical_volume": 10763882.45, "trend": 14.708333, "fair_value": 20.737372, "relative_strength": -12.886314, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 19.242255, "energy": 10.422636, "activity_lines": [ 15.24, 15.290364, 15.36, 15.104366 ] }, { "date": "2024-06-28", "close": 15.3, "volume": 8689157, "typical_volume": 10576795.05, "trend": 14.782667, "fair_value": 20.622179, "relative_strength": -11.522718, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 18.026698, "energy": 8.877188, "activity_lines": [ 15.257333, 15.274364, 15.37119, 15.142538 ] }, { "date": "2024-07-05", "close": 14.82, "volume": 5788080, "typical_volume": 9593366.2, "trend": 14.848333, "fair_value": 20.507051, "relative_strength": -14.934226, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 5.812185, "energy": 7.540021, "activity_lines": [ 15.093333, 15.176545, 15.329476, 15.144946 ] }, { "date": "2024-07-12", "close": 14.96, "volume": 10870723, "typical_volume": 9745641.2, "trend": 14.881, "fair_value": 20.411859, "relative_strength": -14.031041, "stage": 1, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 7.654496, "energy": 10.128527, "activity_lines": [ 15.031333, 15.122909, 15.301095, 15.152151 ] }, { "date": "2024-07-19", "close": 15.31, "volume": 8748324, "typical_volume": 9584896.35, "trend": 14.916, "fair_value": 20.305, "relative_strength": -9.379707, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 12.427476, "energy": 8.164367, "activity_lines": [ 15.112, 15.151818, 15.303476, 15.179828 ] }, { "date": "2024-07-26", "close": 15.9, "volume": 7340646, "typical_volume": 9470544.05, "trend": 14.968, "fair_value": 20.203846, "relative_strength": -4.24292, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 40.696838, "energy": 17.030483, "activity_lines": [ 15.370667, 15.283818, 15.357238, 15.243312 ] }, { "date": "2024-08-02", "close": 14.91, "volume": 11013172, "typical_volume": 9366135.25, "trend": 14.999667, "fair_value": 20.087179, "relative_strength": -7.348127, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 19.1079, "energy": 9.368443, "activity_lines": [ 15.254667, 15.221455, 15.308381, 15.23957 ] }, { "date": "2024-08-09", "close": 11.21, "volume": 23263171, "typical_volume": 9336688.75, "trend": 14.913, "fair_value": 19.97109, "relative_strength": -29.58084, "stage": 1, "regime": "rotation_down", "modifier": "Structural failure", "gate": "mixed", "direction": -55.741288, "energy": 57.506657, "activity_lines": [ 13.931333, 14.487636, 14.902381, 14.995075 ] }, { "date": "2024-08-16", "close": 11.38, "volume": 20525914, "typical_volume": 9989926.2, "trend": 14.828, "fair_value": 19.861026, "relative_strength": -30.47702, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -83.912579, "energy": 83.451008, "activity_lines": [ 12.905333, 13.865455, 14.534238, 14.76714 ] }, { "date": "2024-08-23", "close": 11.2, "volume": 11202656, "typical_volume": 9946327.25, "trend": 14.738333, "fair_value": 19.746603, "relative_strength": -31.730749, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -78.446927, "energy": 88.687147, "activity_lines": [ 12.058, 13.282727, 14.171762, 14.533075 ] }, { "date": "2024-08-30", "close": 10.06, "volume": 19952367, "typical_volume": 10592356.3, "trend": 14.623333, "fair_value": 19.632628, "relative_strength": -37.978427, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -84.216753, "energy": 93.926232, "activity_lines": [ 11.104667, 12.562364, 13.725714, 14.231247 ] }, { "date": "2024-09-06", "close": 10.2, "volume": 19898472, "typical_volume": 11219462.9, "trend": 14.503667, "fair_value": 19.516218, "relative_strength": -33.573172, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -76.364121, "energy": 90.759569, "activity_lines": [ 10.587333, 11.961455, 13.321286, 13.945871 ] }, { "date": "2024-09-13", "close": 10.2, "volume": 20241403, "typical_volume": 11932066.35, "trend": 14.349667, "fair_value": 19.385641, "relative_strength": -35.308303, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -72.25718, "energy": 87.89398, "activity_lines": [ 10.384, 11.453273, 12.942571, 13.668215 ] }, { "date": "2024-09-20", "close": 10.7, "volume": 14220589, "typical_volume": 12228059.65, "trend": 14.225667, "fair_value": 19.260128, "relative_strength": -32.402171, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.953488, "energy": 72.873793, "activity_lines": [ 10.414667, 11.12, 12.638381, 13.432753 ] }, { "date": "2024-09-27", "close": 10.9, "volume": 15388755, "typical_volume": 12253149.5, "trend": 14.112333, "fair_value": 19.14609, "relative_strength": -30.870867, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.739315, "energy": 57.698266, "activity_lines": [ 10.557333, 10.900545, 12.378476, 13.218194 ] }, { "date": "2024-10-04", "close": 10.3, "volume": 19177310, "typical_volume": 12858789.95, "trend": 13.984, "fair_value": 19.036346, "relative_strength": -34.204245, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.776917, "energy": 53.840724, "activity_lines": [ 10.52, 10.652182, 12.081333, 12.972237 ] }, { "date": "2024-10-11", "close": 10.41, "volume": 9770235, "typical_volume": 12889125.75, "trend": 13.867333, "fair_value": 18.927308, "relative_strength": -33.710455, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.395744, "energy": 49.391656, "activity_lines": [ 10.503333, 10.525636, 11.817571, 12.741656 ] }, { "date": "2024-10-18", "close": 10.66, "volume": 8533193, "typical_volume": 12919089.05, "trend": 13.697333, "fair_value": 18.818782, "relative_strength": -32.064114, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -49.248814, "energy": 42.076097, "activity_lines": [ 10.556, 10.526364, 11.599381, 12.534731 ] }, { "date": "2024-10-25", "close": 9.81, "volume": 10020103, "typical_volume": 13009055.3, "trend": 13.485333, "fair_value": 18.708269, "relative_strength": -36.288731, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.298236, "energy": 50.076805, "activity_lines": [ 10.294667, 10.382545, 11.324, 12.283935 ] }, { "date": "2024-11-01", "close": 9.79, "volume": 10220734, "typical_volume": 13115743.25, "trend": 13.263333, "fair_value": 18.582564, "relative_strength": -34.905803, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.747088, "energy": 52.190796, "activity_lines": [ 10.086, 10.263636, 11.073095, 12.045527 ] }, { "date": "2024-11-08", "close": 9.63, "volume": 10868057, "typical_volume": 13286653.05, "trend": 13.051, "fair_value": 18.457051, "relative_strength": -38.560867, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -69.921842, "energy": 67.395517, "activity_lines": [ 9.898, 10.141273, 10.831905, 11.811118 ] }, { "date": "2024-11-15", "close": 8.54, "volume": 17795205, "typical_volume": 13741955.45, "trend": 12.815667, "fair_value": 18.324038, "relative_strength": -43.854292, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -81.826671, "energy": 80.978002, "activity_lines": [ 9.391333, 9.828545, 10.513571, 11.520086 ] }, { "date": "2024-11-22", "close": 8.59, "volume": 12721302, "typical_volume": 14088616.55, "trend": 12.573667, "fair_value": 18.204487, "relative_strength": -43.963334, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -74.876554, "energy": 81.145507, "activity_lines": [ 9.026, 9.555091, 10.23219, 11.247462 ] }, { "date": "2024-11-29", "close": 8.42, "volume": 8091598, "typical_volume": 13949660.3, "trend": 12.321, "fair_value": 18.095641, "relative_strength": -45.103795, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -74.851317, "energy": 82.815555, "activity_lines": [ 8.742, 9.28, 9.964286, 10.979484 ] }, { "date": "2024-12-06", "close": 8.02, "volume": 11025937, "typical_volume": 14063540.95, "trend": 12.085667, "fair_value": 17.967051, "relative_strength": -47.56579, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -77.598955, "energy": 84.951703, "activity_lines": [ 8.417333, 8.973636, 9.689429, 10.702 ] }, { "date": "2024-12-13", "close": 7.92, "volume": 9890822, "typical_volume": 14191049.75, "trend": 11.846, "fair_value": 17.851218, "relative_strength": -47.227051, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -74.854853, "energy": 84.043652, "activity_lines": [ 8.177333, 8.701455, 9.439762, 10.433247 ] }, { "date": "2024-12-20", "close": 7.45, "volume": 16337657, "typical_volume": 14457274.0, "trend": 11.595, "fair_value": 17.725833, "relative_strength": -48.722331, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -79.044414, "energy": 82.794014, "activity_lines": [ 7.894667, 8.387091, 9.183333, 10.149634 ] }, { "date": "2024-12-27", "close": 7.72, "volume": 8226750, "typical_volume": 13705452.95, "trend": 11.330667, "fair_value": 17.599423, "relative_strength": -46.472259, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -69.510533, "energy": 73.733538, "activity_lines": [ 7.774667, 8.175636, 8.988143, 9.899634 ] }, { "date": "2025-01-03", "close": 9.38, "volume": 17076824, "typical_volume": 13532998.45, "trend": 11.131667, "fair_value": 17.489551, "relative_strength": -33.872258, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.828652, "energy": 51.604039, "activity_lines": [ 8.266, 8.319455, 8.967667, 9.773785 ] }, { "date": "2025-01-10", "close": 8.44, "volume": 10338651, "typical_volume": 13489798.2, "trend": 10.912, "fair_value": 17.3775, "relative_strength": -38.59498, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -49.06277, "energy": 39.578626, "activity_lines": [ 8.38, 8.300182, 8.86719, 9.600129 ] }, { "date": "2025-01-17", "close": 8.06, "volume": 12857433, "typical_volume": 13135051.5, "trend": 10.673, "fair_value": 17.274295, "relative_strength": -42.298257, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -50.584197, "energy": 34.713835, "activity_lines": [ 8.339333, 8.236364, 8.743667, 9.416129 ] }, { "date": "2025-01-24", "close": 8.02, "volume": 10460622, "typical_volume": 12663159.0, "trend": 10.430333, "fair_value": 17.176346, "relative_strength": -42.828719, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -48.730502, "energy": 30.441489, "activity_lines": [ 8.276, 8.193818, 8.625857, 9.244968 ] }, { "date": "2025-01-31", "close": 7.86, "volume": 14059986, "typical_volume": 12354088.15, "trend": 10.198333, "fair_value": 17.075449, "relative_strength": -42.698552, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.797475, "energy": 41.432359, "activity_lines": [ 8.121333, 8.131636, 8.50319, 9.07914 ] }, { "date": "2025-02-07", "close": 7.58, "volume": 11959030, "typical_volume": 12241010.2, "trend": 9.952333, "fair_value": 16.977115, "relative_strength": -43.921712, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.811856, "energy": 47.139457, "activity_lines": [ 7.864, 8.031818, 8.365, 8.910215 ] }, { "date": "2025-02-14", "close": 7.27, "volume": 14563065, "typical_volume": 12199725.7, "trend": 9.684333, "fair_value": 16.873846, "relative_strength": -46.168941, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -71.555569, "energy": 58.440487, "activity_lines": [ 7.623333, 7.890909, 8.212143, 8.737161 ] }, { "date": "2025-02-21", "close": 7.01, "volume": 9376699, "typical_volume": 11709695.15, "trend": 9.388, "fair_value": 16.765, "relative_strength": -46.456019, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -74.989036, "energy": 70.993155, "activity_lines": [ 7.374, 7.716364, 8.05181, 8.564624 ] }, { "date": "2025-02-28", "close": 6.53, "volume": 24452364, "typical_volume": 12443801.6, "trend": 9.108667, "fair_value": 16.659936, "relative_strength": -48.861433, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -79.551827, "energy": 79.871068, "activity_lines": [ 7.034667, 7.471091, 7.861429, 8.380237 ] }, { "date": "2025-03-07", "close": 6.31, "volume": 23506001, "typical_volume": 13192442.0, "trend": 8.945333, "fair_value": 16.555577, "relative_strength": -48.227668, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -78.301347, "energy": 82.097144, "activity_lines": [ 6.721333, 7.202545, 7.668571, 8.199677 ] }, { "date": "2025-03-14", "close": 6.17, "volume": 14960169, "typical_volume": 13439445.3, "trend": 8.771667, "fair_value": 16.438654, "relative_strength": -47.404489, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -75.627602, "energy": 81.08629, "activity_lines": [ 6.464667, 6.934182, 7.483095, 8.020624 ] }, { "date": "2025-03-21", "close": 6.75, "volume": 13981549, "typical_volume": 13627486.05, "trend": 8.623333, "fair_value": 16.331282, "relative_strength": -41.752424, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.181517, "energy": 67.672012, "activity_lines": [ 6.495333, 6.829636, 7.37019, 7.890194 ] }, { "date": "2025-03-28", "close": 6.53, "volume": 9984163, "typical_volume": 13583291.35, "trend": 8.505667, "fair_value": 16.222821, "relative_strength": -41.740937, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.684687, "energy": 54.14169, "activity_lines": [ 6.487333, 6.715818, 7.25081, 7.75514 ] }, { "date": "2025-04-04", "close": 6.27, "volume": 13333154, "typical_volume": 13360188.8, "trend": 8.374667, "fair_value": 16.119295, "relative_strength": -37.304088, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.79945, "energy": 53.816219, "activity_lines": [ 6.424667, 6.582545, 7.121429, 7.610903 ] }, { "date": "2025-04-11", "close": 6.27, "volume": 27583363, "typical_volume": 14103291.85, "trend": 8.243667, "fair_value": 16.016538, "relative_strength": -39.495083, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.945145, "energy": 49.252604, "activity_lines": [ 6.379333, 6.481091, 7.002857, 7.475118 ] }, { "date": "2025-04-18", "close": 6.19, "volume": 9592549, "typical_volume": 14178339.4, "trend": 8.093333, "fair_value": 15.910962, "relative_strength": -38.17856, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.436714, "energy": 49.486202, "activity_lines": [ 6.31, 6.394, 6.887714, 7.342624 ] }, { "date": "2025-04-25", "close": 6.71, "volume": 10523625, "typical_volume": 14153223.8, "trend": 7.953667, "fair_value": 15.813333, "relative_strength": -34.652639, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -56.697797, "energy": 41.454849, "activity_lines": [ 6.412667, 6.426727, 6.832714, 7.253376 ] }, { "date": "2025-05-02", "close": 6.85, "volume": 10499291, "typical_volume": 14183647.25, "trend": 7.838667, "fair_value": 15.7275, "relative_strength": -33.849231, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -43.472399, "energy": 30.066484, "activity_lines": [ 6.564667, 6.495091, 6.797286, 7.182172 ] }, { "date": "2025-05-09", "close": 7.34, "volume": 10457509, "typical_volume": 13889639.85, "trend": 7.736333, "fair_value": 15.635769, "relative_strength": -27.569571, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -28.12465, "energy": 16.978891, "activity_lines": [ 6.858667, 6.655455, 6.813619, 7.15 ] }, { "date": "2025-05-16", "close": 7.0, "volume": 22294543, "typical_volume": 14593029.5, "trend": 7.614333, "fair_value": 15.55141, "relative_strength": -33.170532, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -27.546146, "energy": 19.346313, "activity_lines": [ 6.968, 6.739273, 6.798095, 7.102495 ] }, { "date": "2025-05-23", "close": 6.25, "volume": 12664332, "typical_volume": 14372404.9, "trend": 7.495667, "fair_value": 15.450513, "relative_strength": -37.559365, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -41.307294, "energy": 20.115903, "activity_lines": [ 6.778667, 6.674182, 6.714571, 7.014473 ] }, { "date": "2025-05-30", "close": 6.34, "volume": 8847870, "typical_volume": 14297865.85, "trend": 7.380667, "fair_value": 15.348526, "relative_strength": -36.399584, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -50.066035, "energy": 22.932444, "activity_lines": [ 6.615333, 6.624, 6.654524, 6.939914 ] }, { "date": "2025-06-06", "close": 6.43, "volume": 12712550, "typical_volume": 14290621.7, "trend": 7.274, "fair_value": 15.249679, "relative_strength": -35.192211, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -48.829461, "energy": 28.930575, "activity_lines": [ 6.506667, 6.597636, 6.613048, 6.878581 ] }, { "date": "2025-06-13", "close": 7.74, "volume": 16505594, "typical_volume": 14592870.3, "trend": 7.247333, "fair_value": 15.164551, "relative_strength": -20.31387, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -0.763928, "energy": 5.058925, "activity_lines": [ 6.862667, 6.811273, 6.704095, 6.908645 ] }, { "date": "2025-06-20", "close": 8.31, "volume": 12749956, "typical_volume": 14527368.8, "trend": 7.238, "fair_value": 15.084295, "relative_strength": -12.835414, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 30.045236, "energy": 33.554817, "activity_lines": [ 7.382, 7.101818, 6.850762, 6.977204 ] }, { "date": "2025-06-27", "close": 8.11, "volume": 12683041, "typical_volume": 14563569.35, "trend": 7.227667, "fair_value": 15.005513, "relative_strength": -16.253836, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 26.120468, "energy": 47.88861, "activity_lines": [ 7.747333, 7.318909, 6.976238, 7.033462 ] }, { "date": "2025-07-04", "close": 9.08, "volume": 10331134, "typical_volume": 14351972.8, "trend": 7.263, "fair_value": 14.927436, "relative_strength": -6.36838, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 51.209957, "energy": 69.266345, "activity_lines": [ 8.312, 7.677455, 7.191571, 7.152968 ] }, { "date": "2025-07-11", "close": 8.86, "volume": 12964119, "typical_volume": 14531343.8, "trend": 7.294333, "fair_value": 14.847949, "relative_strength": -6.902729, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 43.885957, "energy": 70.912898, "activity_lines": [ 8.620667, 7.952909, 7.377333, 7.256 ] }, { "date": "2025-07-18", "close": 9.24, "volume": 11340428, "typical_volume": 13875747.0, "trend": 7.354, "fair_value": 14.766474, "relative_strength": -1.851442, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 75.726677, "energy": 81.683623, "activity_lines": [ 8.894, 8.260909, 7.590476, 7.381527 ] }, { "date": "2025-07-25", "close": 9.89, "volume": 14875665, "typical_volume": 13444230.2, "trend": 7.426333, "fair_value": 14.682756, "relative_strength": 5.380397, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 82.318291, "energy": 86.916221, "activity_lines": [ 9.284, 8.652545, 7.852619, 7.54514 ] }, { "date": "2025-08-01", "close": 8.12, "volume": 14544229, "typical_volume": 13423433.2, "trend": 7.384333, "fair_value": 14.588526, "relative_strength": -9.536169, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 63.032295, "energy": 53.925118, "activity_lines": [ 8.978667, 8.669818, 7.929143, 7.589892 ] }, { "date": "2025-08-08", "close": 8.6, "volume": 19332522, "typical_volume": 13690981.85, "trend": 7.389667, "fair_value": 14.487885, "relative_strength": -5.532169, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 58.393005, "energy": 42.094168, "activity_lines": [ 8.832667, 8.740364, 8.042095, 7.668323 ] }, { "date": "2025-08-15", "close": 9.86, "volume": 15788864, "typical_volume": 13981216.9, "trend": 7.449667, "fair_value": 14.398782, "relative_strength": 8.048981, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 72.805659, "energy": 48.090294, "activity_lines": [ 9.138667, 8.998909, 8.266238, 7.827699 ] }, { "date": "2025-08-22", "close": 9.76, "volume": 12078446, "typical_volume": 13918481.5, "trend": 7.507667, "fair_value": 14.315833, "relative_strength": 7.378101, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.20661, "energy": 43.737962, "activity_lines": [ 9.344667, 9.176909, 8.465, 7.976753 ] }, { "date": "2025-08-29", "close": 9.56, "volume": 11275924, "typical_volume": 13103109.55, "trend": 7.564333, "fair_value": 14.23641, "relative_strength": 5.688829, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 61.118695, "energy": 44.637184, "activity_lines": [ 9.449333, 9.281818, 8.628095, 8.109161 ] }, { "date": "2025-09-05", "close": 9.23, "volume": 7164940, "typical_volume": 12981729.1, "trend": 7.619333, "fair_value": 14.147949, "relative_strength": 2.376278, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 57.45847, "energy": 45.720576, "activity_lines": [ 9.466, 9.304, 8.744095, 8.216624 ] }, { "date": "2025-09-12", "close": 9.55, "volume": 10645775, "typical_volume": 12987836.6, "trend": 7.695333, "fair_value": 14.070513, "relative_strength": 4.843937, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 58.349904, "energy": 41.746767, "activity_lines": [ 9.515333, 9.364, 8.876095, 8.341183 ] }, { "date": "2025-09-19", "close": 9.29, "volume": 11535094, "typical_volume": 13039626.75, "trend": 7.771333, "fair_value": 14.003718, "relative_strength": 1.455651, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 54.751725, "energy": 35.371725, "activity_lines": [ 9.414667, 9.368182, 8.96981, 8.444065 ] }, { "date": "2025-09-26", "close": 9.47, "volume": 9534990, "typical_volume": 12993500.8, "trend": 7.869333, "fair_value": 13.940962, "relative_strength": 4.442465, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 54.402328, "energy": 32.707397, "activity_lines": [ 9.412, 9.397273, 9.069048, 8.553656 ] }, { "date": "2025-10-03", "close": 9.92, "volume": 10030059, "typical_volume": 12380276.6, "trend": 7.989667, "fair_value": 13.886923, "relative_strength": 8.711568, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.248839, "energy": 38.141014, "activity_lines": [ 9.578667, 9.504, 9.201, 8.685957 ] }, { "date": "2025-10-10", "close": 8.39, "volume": 10053188, "typical_volume": 12249719.4, "trend": 8.063667, "fair_value": 13.828782, "relative_strength": -5.062143, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 28.960491, "energy": 17.37324, "activity_lines": [ 9.211333, 9.332, 9.173333, 8.711785 ] }, { "date": "2025-10-17", "close": 9.13, "volume": 8352760, "typical_volume": 12224963.9, "trend": 8.143, "fair_value": 13.777564, "relative_strength": 2.228161, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 33.96531, "energy": 17.436094, "activity_lines": [ 9.146667, 9.289636, 9.205952, 8.780581 ] }, { "date": "2025-10-24", "close": 10.07, "volume": 8605591, "typical_volume": 12019615.95, "trend": 8.261, "fair_value": 13.722372, "relative_strength": 10.97393, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 58.449685, "energy": 28.679354, "activity_lines": [ 9.423333, 9.408545, 9.31481, 8.904903 ] }, { "date": "2025-10-31", "close": 9.41, "volume": 9663223, "typical_volume": 11677497.4, "trend": 8.365667, "fair_value": 13.662179, "relative_strength": 3.497383, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 43.481348, "energy": 20.236516, "activity_lines": [ 9.428, 9.403636, 9.343476, 8.979032 ] }, { "date": "2025-11-07", "close": 10.6, "volume": 16797396, "typical_volume": 11879869.4, "trend": 8.51, "fair_value": 13.592628, "relative_strength": 18.597525, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.457923, "energy": 44.755744, "activity_lines": [ 9.833333, 9.621455, 9.477524, 9.123183 ] }, { "date": "2025-11-14", "close": 11.27, "volume": 20219480, "typical_volume": 12256691.35, "trend": 8.679333, "fair_value": 13.53391, "relative_strength": 25.548148, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 75.253164, "energy": 71.809551, "activity_lines": [ 10.416667, 9.942182, 9.664476, 9.301247 ] }, { "date": "2025-11-21", "close": 10.11, "volume": 19469479, "typical_volume": 12713608.6, "trend": 8.792667, "fair_value": 13.467821, "relative_strength": 14.707843, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 56.382961, "energy": 58.661948, "activity_lines": [ 10.421333, 10.014909, 9.725905, 9.393548 ] }, { "date": "2025-11-28", "close": 12.88, "volume": 17281736, "typical_volume": 12929489.45, "trend": 8.993667, "fair_value": 13.409231, "relative_strength": 39.980201, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 85.021583, "energy": 79.716515, "activity_lines": [ 11.284, 10.581091, 10.046238, 9.657247 ] }, { "date": "2025-12-05", "close": 11.51, "volume": 15526631, "typical_volume": 13138799.6, "trend": 9.132667, "fair_value": 13.342564, "relative_strength": 24.063385, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.782887, "energy": 68.644001, "activity_lines": [ 11.502667, 10.832909, 10.216952, 9.819591 ] }, { "date": "2025-12-12", "close": 11.4, "volume": 11656272, "typical_volume": 12977829.95, "trend": 9.279333, "fair_value": 13.284423, "relative_strength": 22.98218, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 60.249139, "energy": 49.15354, "activity_lines": [ 11.544667, 11.027636, 10.366381, 9.965871 ] }, { "date": "2025-12-19", "close": 12.2, "volume": 17806144, "typical_volume": 13140925.7, "trend": 9.477667, "fair_value": 13.236218, "relative_strength": 30.501255, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.23226, "energy": 61.942523, "activity_lines": [ 11.8, 11.340909, 10.58481, 10.154301 ] }, { "date": "2025-12-26", "close": 11.74, "volume": 6434069, "typical_volume": 12496003.05, "trend": 9.657667, "fair_value": 13.184872, "relative_strength": 23.143468, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 57.485927, "energy": 43.310505, "activity_lines": [ 11.84, 11.501273, 10.74, 10.300258 ] }, { "date": "2026-01-02", "close": 11.72, "volume": 6803455, "typical_volume": 12046732.6, "trend": 9.834, "fair_value": 13.127821, "relative_strength": 24.024409, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 56.087981, "energy": 39.856308, "activity_lines": [ 11.764667, 11.610545, 10.878333, 10.433312 ] }, { "date": "2026-01-09", "close": 13.77, "volume": 14378799, "typical_volume": 12161750.25, "trend": 10.035, "fair_value": 13.072115, "relative_strength": 42.413986, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 78.29254, "energy": 57.802975, "activity_lines": [ 12.45, 12.062545, 11.203048, 10.687247 ] }, { "date": "2026-01-16", "close": 15.14, "volume": 14856969, "typical_volume": 12340802.5, "trend": 10.262667, "fair_value": 13.021731, "relative_strength": 55.360582, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 84.215517, "energy": 79.308191, "activity_lines": [ 13.441333, 12.684364, 11.639143, 11.016602 ] }, { "date": "2026-01-23", "close": 15.6, "volume": 15531224, "typical_volume": 12759116.7, "trend": 10.512333, "fair_value": 12.969423, "relative_strength": 58.634244, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 82.508274, "energy": 86.817119, "activity_lines": [ 14.336667, 13.307273, 12.092476, 11.360946 ] }, { "date": "2026-01-30", "close": 14.35, "volume": 16402279, "typical_volume": 13046941.9, "trend": 10.688, "fair_value": 12.898333, "relative_strength": 43.886087, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.903373, "energy": 80.783612, "activity_lines": [ 14.588667, 13.624182, 12.396429, 11.608538 ] }, { "date": "2026-02-06", "close": 15.01, "volume": 14156807, "typical_volume": 13178027.55, "trend": 10.893, "fair_value": 12.846026, "relative_strength": 49.014701, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.350187, "energy": 82.151756, "activity_lines": [ 14.886667, 13.984, 12.740381, 11.887376 ] }, { "date": "2026-02-13", "close": 12.59, "volume": 24115229, "typical_volume": 13907039.5, "trend": 11.004667, "fair_value": 12.774103, "relative_strength": 25.555767, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 60.877008, "energy": 48.807295, "activity_lines": [ 14.158667, 13.865091, 12.826619, 11.99686 ] }, { "date": "2026-02-20", "close": 14.6, "volume": 18175976, "typical_volume": 14314335.35, "trend": 11.161667, "fair_value": 12.717628, "relative_strength": 42.238975, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.049037, "energy": 43.545567, "activity_lines": [ 14.179333, 14.092, 13.089429, 12.228817 ] }, { "date": "2026-02-27", "close": 14.06, "volume": 13915597, "typical_volume": 14507455.8, "trend": 11.359667, "fair_value": 12.656282, "relative_strength": 36.017477, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 46.056017, "energy": 34.539017, "activity_lines": [ 14.056, 14.162545, 13.278524, 12.415806 ] }, { "date": "2026-03-06", "close": 12.95, "volume": 13133476, "typical_volume": 14746491.6, "trend": 11.504667, "fair_value": 12.594808, "relative_strength": 26.495322, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 38.719188, "energy": 22.158387, "activity_lines": [ 13.665333, 13.997455, 13.334905, 12.518409 ] }, { "date": "2026-03-13", "close": 13.38, "volume": 13461353, "typical_volume": 14989279.7, "trend": 11.622, "fair_value": 12.54641, "relative_strength": 31.177107, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 38.146537, "energy": 23.316501, "activity_lines": [ 13.511333, 13.888545, 13.414048, 12.639398 ] }, { "date": "2026-03-20", "close": 13.14, "volume": 13974590, "typical_volume": 15204848.05, "trend": 11.734667, "fair_value": 12.498974, "relative_strength": 29.86722, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 32.632413, "energy": 18.413076, "activity_lines": [ 13.386, 13.705818, 13.454571, 12.737333 ] }, { "date": "2026-03-27", "close": 13.5, "volume": 9570530, "typical_volume": 14843504.75, "trend": 11.866, "fair_value": 12.446923, "relative_strength": 34.908249, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 30.233444, "energy": 17.735924, "activity_lines": [ 13.344, 13.6, 13.511619, 12.851226 ] }, { "date": "2026-04-03", "close": 13.87, "volume": 7660015, "typical_volume": 14215531.5, "trend": 12.020667, "fair_value": 12.403141, "relative_strength": 32.621683, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 35.737689, "energy": 16.548918, "activity_lines": [ 13.498667, 13.591273, 13.590095, 12.980516 ] }, { "date": "2026-04-10", "close": 14.1, "volume": 11656145, "typical_volume": 13824864.8, "trend": 12.172333, "fair_value": 12.349936, "relative_strength": 28.754246, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 40.556887, "energy": 21.472939, "activity_lines": [ 13.742667, 13.655818, 13.678095, 13.114667 ] }, { "date": "2026-04-17", "close": 15.36, "volume": 16481728, "typical_volume": 13784864.4, "trend": 12.374667, "fair_value": 12.301795, "relative_strength": 32.659302, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 65.601015, "energy": 40.062988, "activity_lines": [ 14.33, 13.954, 13.867095, 13.320323 ] }, { "date": "2026-04-24", "close": 15.31, "volume": 7680415, "typical_volume": 13392553.6, "trend": 12.569333, "fair_value": 12.257821, "relative_strength": 30.12415, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.252093, "energy": 59.046218, "activity_lines": [ 14.768667, 14.236727, 14.039524, 13.509699 ] }, { "date": "2026-05-01", "close": 15.16, "volume": 11403851, "typical_volume": 13379932.55, "trend": 12.744, "fair_value": 12.211795, "relative_strength": 26.350335, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 62.313797, "energy": 64.454973, "activity_lines": [ 15.012667, 14.442727, 14.179571, 13.676839 ] }, { "date": "2026-05-08", "close": 17.52, "volume": 24177876, "typical_volume": 13698519.15, "trend": 13.048333, "fair_value": 12.213333, "relative_strength": 40.935288, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 84.33438, "energy": 78.734454, "activity_lines": [ 15.932667, 15.067636, 14.526476, 13.984968 ] }, { "date": "2026-05-15", "close": 15.23, "volume": 15347229, "typical_volume": 14144177.15, "trend": 13.251667, "fair_value": 12.205192, "relative_strength": 21.056858, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 61.318474, "energy": 63.391933, "activity_lines": [ 15.846, 15.213273, 14.629952, 14.12572 ] }, { "date": "2026-05-22", "close": 15.38, "volume": 17054999, "typical_volume": 14656754.35, "trend": 13.428667, "fair_value": 12.193974, "relative_strength": 19.873188, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 58.598202, "energy": 48.648155, "activity_lines": [ 15.734, 15.344727, 14.731095, 14.263032 ] }, { "date": "2026-05-29", "close": 15.4, "volume": 11597926, "typical_volume": 14517710.7, "trend": 13.628333, "fair_value": 12.175064, "relative_strength": 17.069136, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 55.573716, "energy": 39.840896, "activity_lines": [ 15.627333, 15.443455, 14.816714, 14.390215 ] }, { "date": "2026-06-05", "close": 14.8, "volume": 8989777, "typical_volume": 14224351.1, "trend": 13.768333, "fair_value": 12.144038, "relative_strength": 14.231985, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 38.5816, "energy": 21.614567, "activity_lines": [ 15.314667, 15.392, 14.837429, 14.465806 ] }, { "date": "2026-06-12", "close": 17.38, "volume": 13019101, "typical_volume": 14098744.95, "trend": 13.972, "fair_value": 12.130705, "relative_strength": 31.89605, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 71.111737, "energy": 39.479399, "activity_lines": [ 15.886, 15.786, 15.105476, 14.698817 ] }, { "date": "2026-06-19", "close": 18.22, "volume": 11883661, "typical_volume": 13872814.05, "trend": 14.242333, "fair_value": 12.124423, "relative_strength": 35.496267, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 75.137294, "energy": 55.352112, "activity_lines": [ 16.746667, 16.268909, 15.445048, 14.972882 ] }, { "date": "2026-06-26", "close": 19.25, "volume": 14966109, "typical_volume": 13913279.15, "trend": 14.454667, "fair_value": 12.120577, "relative_strength": 44.622821, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 79.769532, "energy": 77.436737, "activity_lines": [ 17.751333, 16.864182, 15.864286, 15.295957 ] }, { "date": "2026-07-03", "close": 18.26, "volume": 7471487, "typical_volume": 13081092.05, "trend": 14.679667, "fair_value": 12.11109, "relative_strength": 32.899742, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.196654, "energy": 76.845904, "activity_lines": [ 18.168, 17.208727, 16.169048, 15.541462 ] }, { "date": "2026-07-10", "close": 18.4, "volume": 8245765, "typical_volume": 12584581.5, "trend": 14.913, "fair_value": 12.103526, "relative_strength": 30.750572, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.785299, "energy": 75.734223, "activity_lines": [ 18.440667, 17.525091, 16.460143, 15.781484 ] }, { "date": "2026-07-17", "close": 19.38, "volume": 9858169, "typical_volume": 12381710.1, "trend": 15.152333, "fair_value": 12.103333, "relative_strength": 38.278829, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 73.00513, "energy": 75.829865, "activity_lines": [ 18.8, 17.960727, 16.826476, 16.069677 ] }, { "date": "2026-07-24", "close": 18.16, "volume": 9411490, "typical_volume": 12195610.8, "trend": 15.366333, "fair_value": 12.093974, "relative_strength": 29.168536, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 60.716748, "energy": 48.54955, "activity_lines": [ 18.619333, 18.140727, 17.051286, 16.26372 ] }, { "date": "2026-07-31", "close": 18.46, "volume": 9011819, "typical_volume": 11973134.1, "trend": 15.591, "fair_value": 12.089167, "relative_strength": 28.385562, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 57.643344, "energy": 43.556425, "activity_lines": [ 18.542667, 18.322, 17.279857, 16.463312 ] }, { "date": "2026-08-07", "close": 17.59, "volume": 13610973, "typical_volume": 11954953.25, "trend": 15.718333, "fair_value": 12.094231, "relative_strength": 17.120071, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 44.584053, "energy": 33.838876, "activity_lines": [ 18.228667, 18.289091, 17.401381, 16.59228 ] } ], "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." } } }