{ "ticker": { "uuid": "aaf1ee15-f494-4fce-9cce-0eadfc836615", "symbol": "IAG", "name": "International Consolidated Airlines Group S.A.", "exchange": "VIE", "country": "AT", "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": "^ATX", "stage": 3, "stage_name": "Distribution", "phase": "3a", "phase_label": "Stage 3A \u00b7 Churning", "transition": "stage_3_churning", "transition_label": "Stage 3 range intact", "confidence": 85.803, "architecture_regime": "deceleration", "architecture_regime_label": "Deceleration", "architecture_modifier": "Recompressing", "architecture_gate": "up", "architecture_direction": 41.4, "architecture_energy": 26.582, "architecture_maturity": 64.202, "architecture_confidence": 77.702, "architecture_tenure": "New", "architecture": { "interpretation": { "headline": "The upward structure remains, but its energy is decelerating.", "body": "Trend remains positive, but Activity or price acceptance is losing strength. This can become a healthy recompression, a re-acceleration, or a Rotation Down." }, "scores": { "balance": 41.06, "rotation_up": 28.25, "upward_expansion": 64.97, "deceleration": 88.25, "rotation_down": 27.61, "downward_expansion": 17.31 }, "activity_lines": [ 5.174667, 5.249018, 5.043098, 4.887021 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.333333 }, "latest_close": 5.198, "trend_reference": 4.768674, "distance_from_trend": 0.090031, "trend_direction": "Improving", "fair_value": 3.241486, "distance_from_fair_value": 0.603586, "fair_value_direction": "Improving", "relative_strength": -8.917758, "relative_strength_direction": "Improving", "price_momentum": 0.042728, "excess_performance": -0.131519, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.090031, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.048474, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.603586, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.091336, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.089178, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.043192, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.042728, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 2.35223, "read": "Demand-led" } ], "volume": { "latest": 1646, "relative_activity": 0.880026, "balance": 2.35223, "dry_up": 0.220006, "accumulation_observations": 1, "distribution_observations": 1 }, "risk": { "range_context": 0.055794, "annualized_volatility": 0.368309, "from_high_reference": -0.08743, "from_low_reference": 0.349079 }, "levels": { "trend_reference": 4.768674, "fair_value_reference": 3.241486, "structural_low": 3.853, "invalidation": "A decisive breakout above range resistance with renewed RS leadership invalidates the distribution reading; a range-low break confirms deterioration." }, "outcomes": [ { "horizon": "Near term", "sample_count": 10, "median_return": 0.035572, "positive_rate": 0.6, "directional_follow_through": 0.6, "median_excess_return": 0.005444, "regime_survival": 0.4, "best_return": 0.360633, "worst_return": -0.146781, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 6, "median_return": 0.087441, "positive_rate": 0.666667, "directional_follow_through": 0.666667, "median_excess_return": 0.091325, "regime_survival": 0.166667, "best_return": 0.19842, "worst_return": -0.141002, "sufficient": true }, { "horizon": "Extended", "sample_count": 5, "median_return": 0.278735, "positive_rate": 0.6, "directional_follow_through": 0.6, "median_excess_return": 0.239142, "regime_survival": 0.0, "best_return": 0.79967, "worst_return": -0.107407, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 3, "median_return": 0.236204, "positive_rate": 0.666667, "directional_follow_through": 0.666667, "median_excess_return": 0.188032, "regime_survival": 0.0, "best_return": 0.879225, "worst_return": -0.398843, "sufficient": false } ], "ledger": [ { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-06-14", "end": "2024-08-30", "tenure": "Developing", "return": 0.095574, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-09-06", "end": "2025-03-14", "tenure": "Extended", "return": 0.485587, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-03-21", "end": "2025-04-04", "tenure": "New", "return": -0.176019, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-04-11", "end": "2025-05-16", "tenure": "Developing", "return": 0.409788, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-05-23", "end": "2025-07-11", "tenure": "Developing", "return": 0.152487, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-07-18", "end": "2025-11-28", "tenure": "Established", "return": 0.040937, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-12-05", "end": "2025-12-19", "tenure": "New", "return": 0.077619, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-12-26", "end": "2026-02-27", "tenure": "Developing", "return": 0.004568, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2026-03-06", "end": "2026-04-10", "tenure": "Developing", "return": 0.082215, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-04-17", "end": "2026-05-22", "tenure": "Developing", "return": -0.027049, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-05-29", "end": "2026-06-05", "tenure": "New", "return": -0.027282, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2026-06-12", "end": "2026-06-26", "tenure": "New", "return": 0.115825, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-07-03", "end": "2026-07-31", "tenure": "Developing", "return": -0.080518, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-08-07", "end": "2026-08-07", "tenure": "New", "return": 0.0, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 1.805845, "volume": 0, "typical_volume": 3027.05, "trend": 1.732151, "fair_value": 1.666706, "relative_strength": 16.905822, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 59.44396, "energy": 55.950609, "activity_lines": [ 1.826727, 1.80968, 1.7867, 1.752081 ] }, { "date": "2023-08-25", "close": 1.761648, "volume": 1028, "typical_volume": 3078.45, "trend": 1.728612, "fair_value": 1.668158, "relative_strength": 14.085774, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 54.576753, "energy": 39.524657, "activity_lines": [ 1.809208, 1.80084, 1.787954, 1.753984 ] }, { "date": "2023-09-01", "close": 1.825061, "volume": 0, "typical_volume": 2813.5, "trend": 1.727459, "fair_value": 1.669853, "relative_strength": 14.794452, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 58.007012, "energy": 35.231571, "activity_lines": [ 1.811194, 1.805443, 1.794544, 1.760207 ] }, { "date": "2023-09-08", "close": 1.740991, "volume": 0, "typical_volume": 2652.4, "trend": 1.723952, "fair_value": 1.672416, "relative_strength": 9.855513, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 24.368935, "energy": 16.461293, "activity_lines": [ 1.784323, 1.795075, 1.791973, 1.76108 ] }, { "date": "2023-09-15", "close": 1.742432, "volume": 8811, "typical_volume": 2996.05, "trend": 1.722223, "fair_value": 1.676068, "relative_strength": 7.999292, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 6.894131, "energy": 14.17875, "activity_lines": [ 1.765363, 1.786402, 1.78896, 1.762272 ] }, { "date": "2023-09-22", "close": 1.710725, "volume": 0, "typical_volume": 1793.65, "trend": 1.720749, "fair_value": 1.680838, "relative_strength": 6.244066, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": -4.758267, "energy": 16.801542, "activity_lines": [ 1.743873, 1.77206, 1.782353, 1.76153 ] }, { "date": "2023-09-29", "close": 1.650674, "volume": 3000, "typical_volume": 1943.65, "trend": 1.720541, "fair_value": 1.685186, "relative_strength": 1.701652, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -38.082143, "energy": 42.457205, "activity_lines": [ 1.708707, 1.747603, 1.76979, 1.757009 ] }, { "date": "2023-10-06", "close": 1.609359, "volume": 0, "typical_volume": 1943.65, "trend": 1.720429, "fair_value": 1.688488, "relative_strength": 0.253446, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -44.888399, "energy": 66.331303, "activity_lines": [ 1.667168, 1.717206, 1.753646, 1.749836 ] }, { "date": "2023-10-13", "close": 1.647311, "volume": 17922, "typical_volume": 2839.75, "trend": 1.724897, "fair_value": 1.692525, "relative_strength": 1.397343, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -41.189901, "energy": 67.071395, "activity_lines": [ 1.65266, 1.697404, 1.741917, 1.745119 ] }, { "date": "2023-10-20", "close": 1.538259, "volume": 0, "typical_volume": 2762.6, "trend": 1.726482, "fair_value": 1.695032, "relative_strength": -1.999863, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -60.334177, "energy": 78.406604, "activity_lines": [ 1.608046, 1.661505, 1.720283, 1.733078 ] }, { "date": "2023-10-27", "close": 1.556995, "volume": 12, "typical_volume": 2462.6, "trend": 1.725105, "fair_value": 1.698468, "relative_strength": -0.59376, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -78.134485, "energy": 89.164546, "activity_lines": [ 1.583289, 1.634917, 1.701368, 1.722143 ] }, { "date": "2023-11-03", "close": 1.632419, "volume": 5974, "typical_volume": 2660.85, "trend": 1.725714, "fair_value": 1.70189, "relative_strength": -1.450878, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.980538, "energy": 76.909058, "activity_lines": [ 1.593922, 1.626566, 1.690713, 1.716163 ] }, { "date": "2023-11-10", "close": 1.694872, "volume": 0, "typical_volume": 2660.85, "trend": 1.729461, "fair_value": 1.70282, "relative_strength": 1.546338, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.716799, "energy": 49.931302, "activity_lines": [ 1.62659, 1.631921, 1.687121, 1.714174 ] }, { "date": "2023-11-17", "close": 1.777501, "volume": 0, "typical_volume": 2660.85, "trend": 1.734729, "fair_value": 1.703356, "relative_strength": 3.85201, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -18.760688, "energy": 16.840674, "activity_lines": [ 1.6811, 1.654666, 1.692101, 1.717273 ] }, { "date": "2023-11-24", "close": 1.702078, "volume": 0, "typical_volume": 2366.35, "trend": 1.737403, "fair_value": 1.703202, "relative_strength": -0.163998, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -27.281296, "energy": 28.45543, "activity_lines": [ 1.70179, 1.663034, 1.6901, 1.715166 ] }, { "date": "2023-12-01", "close": 1.719853, "volume": 1220, "typical_volume": 2427.35, "trend": 1.739373, "fair_value": 1.702592, "relative_strength": -1.219388, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -18.735263, "energy": 27.66205, "activity_lines": [ 1.717483, 1.675367, 1.690008, 1.714034 ] }, { "date": "2023-12-08", "close": 1.779423, "volume": 0, "typical_volume": 2427.35, "trend": 1.741183, "fair_value": 1.703439, "relative_strength": 1.834217, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "mixed", "direction": 28.648222, "energy": 33.590499, "activity_lines": [ 1.742176, 1.698366, 1.695757, 1.716618 ] }, { "date": "2023-12-15", "close": 1.789511, "volume": 4602, "typical_volume": 2392.95, "trend": 1.741583, "fair_value": 1.704283, "relative_strength": 0.683039, "stage": 3, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 29.442991, "energy": 32.7541, "activity_lines": [ 1.760431, 1.720857, 1.702265, 1.719736 ] }, { "date": "2023-12-22", "close": 1.761168, "volume": 9026, "typical_volume": 2579.75, "trend": 1.742015, "fair_value": 1.704584, "relative_strength": -2.216332, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 20.578552, "energy": 33.196172, "activity_lines": [ 1.762929, 1.73492, 1.706184, 1.720999 ] }, { "date": "2023-12-29", "close": 1.731382, "volume": 0, "typical_volume": 2579.75, "trend": 1.741903, "fair_value": 1.704242, "relative_strength": -4.865898, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 19.177018, "energy": 33.989683, "activity_lines": [ 1.756588, 1.741497, 1.707701, 1.720313 ] }, { "date": "2024-01-05", "close": 1.689587, "volume": 0, "typical_volume": 2579.75, "trend": 1.738797, "fair_value": 1.704403, "relative_strength": -7.282197, "stage": 3, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "down", "direction": -21.731667, "energy": 16.752442, "activity_lines": [ 1.734361, 1.736964, 1.705864, 1.716938 ] }, { "date": "2024-01-12", "close": 1.663645, "volume": 0, "typical_volume": 2528.35, "trend": 1.732023, "fair_value": 1.703842, "relative_strength": -8.106956, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -41.853775, "energy": 24.905395, "activity_lines": [ 1.705504, 1.725303, 1.70211, 1.71209 ] }, { "date": "2024-01-19", "close": 1.638664, "volume": 0, "typical_volume": 2528.35, "trend": 1.725233, "fair_value": 1.703848, "relative_strength": -7.868031, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -53.897436, "energy": 39.006268, "activity_lines": [ 1.67604, 1.708532, 1.696443, 1.706067 ] }, { "date": "2024-01-26", "close": 1.637223, "volume": 0, "typical_volume": 2528.35, "trend": 1.719148, "fair_value": 1.704338, "relative_strength": -10.652463, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -55.876146, "energy": 46.222335, "activity_lines": [ 1.656151, 1.692522, 1.691527, 1.700388 ] }, { "date": "2024-02-02", "close": 1.661243, "volume": 0, "typical_volume": 2087.8, "trend": 1.716266, "fair_value": 1.703879, "relative_strength": -8.728606, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -58.123758, "energy": 59.528861, "activity_lines": [ 1.652532, 1.683429, 1.689393, 1.696653 ] }, { "date": "2024-02-09", "close": 1.632419, "volume": 0, "typical_volume": 2087.8, "trend": 1.712182, "fair_value": 1.703808, "relative_strength": -7.959689, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.182247, "energy": 66.370284, "activity_lines": [ 1.643981, 1.669838, 1.6849, 1.691243 ] }, { "date": "2024-02-16", "close": 1.655959, "volume": 0, "typical_volume": 1937.8, "trend": 1.709476, "fair_value": 1.702635, "relative_strength": -7.850491, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -58.639552, "energy": 56.556933, "activity_lines": [ 1.647087, 1.662117, 1.683022, 1.687616 ] }, { "date": "2024-02-23", "close": 1.729461, "volume": 0, "typical_volume": 1937.8, "trend": 1.706706, "fair_value": 1.700147, "relative_strength": -3.149212, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -18.496952, "energy": 13.222807, "activity_lines": [ 1.675207, 1.670004, 1.688118, 1.688905 ] }, { "date": "2024-03-01", "close": 1.671332, "volume": 0, "typical_volume": 1041.7, "trend": 1.700668, "fair_value": 1.696048, "relative_strength": -6.321869, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -24.378941, "energy": 12.235488, "activity_lines": [ 1.677897, 1.668414, 1.687107, 1.686623 ] }, { "date": "2024-03-08", "close": 1.684303, "volume": 0, "typical_volume": 1041.7, "trend": 1.694711, "fair_value": 1.69181, "relative_strength": -5.698428, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -18.85018, "energy": 15.097437, "activity_lines": [ 1.682638, 1.670817, 1.687217, 1.685567 ] }, { "date": "2024-03-15", "close": 1.739549, "volume": 1140, "typical_volume": 1098.1, "trend": 1.692502, "fair_value": 1.688044, "relative_strength": -3.59771, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 24.910861, "energy": 25.121862, "activity_lines": [ 1.704256, 1.684119, 1.691893, 1.68846 ] }, { "date": "2024-03-22", "close": 1.863014, "volume": 0, "typical_volume": 799.4, "trend": 1.69588, "fair_value": 1.685821, "relative_strength": 0.466112, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 86.188598, "energy": 76.833549, "activity_lines": [ 1.759887, 1.718962, 1.707458, 1.699461 ] }, { "date": "2024-03-29", "close": 1.921623, "volume": 14700, "typical_volume": 1534.4, "trend": 1.699099, "fair_value": 1.683135, "relative_strength": 2.391203, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 91.840598, "energy": 91.493435, "activity_lines": [ 1.82125, 1.760836, 1.727507, 1.714025 ] }, { "date": "2024-04-05", "close": 1.957173, "volume": 750, "typical_volume": 1571.9, "trend": 1.706305, "fair_value": 1.680647, "relative_strength": 3.22106, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 90.20183, "energy": 96.056022, "activity_lines": [ 1.881653, 1.804029, 1.749862, 1.730675 ] }, { "date": "2024-04-12", "close": 1.920662, "volume": 0, "typical_volume": 1571.9, "trend": 1.712246, "fair_value": 1.678091, "relative_strength": 1.431143, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 72.407145, "energy": 90.029263, "activity_lines": [ 1.91083, 1.834766, 1.767884, 1.744504 ] }, { "date": "2024-04-19", "close": 1.789511, "volume": 0, "typical_volume": 1510.9, "trend": 1.714872, "fair_value": 1.675594, "relative_strength": -5.047194, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.370511, "energy": 84.451494, "activity_lines": [ 1.880532, 1.836941, 1.772375, 1.749489 ] }, { "date": "2024-04-26", "close": 1.987919, "volume": 0, "typical_volume": 1510.9, "trend": 1.726114, "fair_value": 1.674005, "relative_strength": 4.908066, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 85.639684, "energy": 67.873129, "activity_lines": [ 1.91304, 1.872333, 1.79543, 1.767105 ] }, { "date": "2024-05-03", "close": 1.997527, "volume": 0, "typical_volume": 1280.8, "trend": 1.739053, "fair_value": 1.671763, "relative_strength": 4.01268, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 81.553409, "energy": 65.935284, "activity_lines": [ 1.940423, 1.903437, 1.818407, 1.784615 ] }, { "date": "2024-05-10", "close": 2.056137, "volume": 1000, "typical_volume": 879.5, "trend": 1.75268, "fair_value": 1.67079, "relative_strength": 4.233253, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 85.281134, "energy": 70.164742, "activity_lines": [ 1.982282, 1.940324, 1.845975, 1.805073 ] }, { "date": "2024-05-17", "close": 1.995605, "volume": 50000, "typical_volume": 3379.5, "trend": 1.767925, "fair_value": 1.669564, "relative_strength": -0.451997, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.620096, "energy": 64.38651, "activity_lines": [ 1.997367, 1.959208, 1.866374, 1.820745 ] }, { "date": "2024-05-24", "close": 1.93027, "volume": 0, "typical_volume": 3379.5, "trend": 1.780368, "fair_value": 1.667408, "relative_strength": -3.448641, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.941947, "energy": 58.378408, "activity_lines": [ 1.985677, 1.960553, 1.879292, 1.831219 ] }, { "date": "2024-05-31", "close": 1.934114, "volume": 120, "typical_volume": 3385.5, "trend": 1.790424, "fair_value": 1.665659, "relative_strength": -1.61469, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 60.471674, "energy": 50.695507, "activity_lines": [ 1.965884, 1.95913, 1.891431, 1.841138 ] }, { "date": "2024-06-07", "close": 1.957173, "volume": 0, "typical_volume": 3385.5, "trend": 1.799168, "fair_value": 1.66359, "relative_strength": 0.471432, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 45.871795, "energy": 36.562572, "activity_lines": [ 1.957365, 1.960606, 1.904477, 1.851896 ] }, { "date": "2024-06-14", "close": 1.910093, "volume": 1500, "typical_volume": 3460.5, "trend": 1.803587, "fair_value": 1.661533, "relative_strength": 1.669282, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 39.206783, "energy": 25.155048, "activity_lines": [ 1.935843, 1.952876, 1.911523, 1.859052 ] }, { "date": "2024-06-21", "close": 1.946604, "volume": 0, "typical_volume": 3460.5, "trend": 1.811738, "fair_value": 1.660461, "relative_strength": 2.188814, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 37.385147, "energy": 24.499421, "activity_lines": [ 1.936227, 1.95264, 1.920747, 1.868279 ] }, { "date": "2024-06-28", "close": 1.824581, "volume": 2, "typical_volume": 3460.6, "trend": 1.815229, "fair_value": 1.659143, "relative_strength": -4.444037, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 15.916615, "energy": 16.056979, "activity_lines": [ 1.899204, 1.929746, 1.91699, 1.869108 ] }, { "date": "2024-07-05", "close": 1.990801, "volume": 0, "typical_volume": 3460.6, "trend": 1.822275, "fair_value": 1.658601, "relative_strength": 1.563827, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 45.462699, "energy": 21.80261, "activity_lines": [ 1.924633, 1.936437, 1.92815, 1.880435 ] }, { "date": "2024-07-12", "close": 1.982154, "volume": 52, "typical_volume": 3463.2, "trend": 1.828697, "fair_value": 1.659217, "relative_strength": 1.25903, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 54.404531, "energy": 28.313945, "activity_lines": [ 1.943401, 1.941503, 1.936891, 1.89075 ] }, { "date": "2024-07-19", "close": 1.950447, "volume": 0, "typical_volume": 3463.2, "trend": 1.835006, "fair_value": 1.659571, "relative_strength": 0.611053, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 37.076379, "energy": 22.760193, "activity_lines": [ 1.949935, 1.941084, 1.941409, 1.898605 ] }, { "date": "2024-07-26", "close": 1.889916, "volume": 0, "typical_volume": 3463.2, "trend": 1.84029, "fair_value": 1.659479, "relative_strength": -2.334649, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 31.334227, "energy": 23.313131, "activity_lines": [ 1.933601, 1.93158, 1.938833, 1.902147 ] }, { "date": "2024-08-02", "close": 1.892799, "volume": 0, "typical_volume": 3406.2, "trend": 1.847064, "fair_value": 1.658986, "relative_strength": 1.981853, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 15.711869, "energy": 10.253124, "activity_lines": [ 1.922007, 1.924523, 1.935552, 1.905535 ] }, { "date": "2024-08-09", "close": 1.863014, "volume": 2800, "typical_volume": 3546.2, "trend": 1.85371, "fair_value": 1.65886, "relative_strength": -0.341021, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 3.528215, "energy": 10.43595, "activity_lines": [ 1.895937, 1.912731, 1.928706, 1.906564 ] }, { "date": "2024-08-16", "close": 1.913936, "volume": 0, "typical_volume": 2811.2, "trend": 1.862885, "fair_value": 1.659685, "relative_strength": 0.716642, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 9.898634, "energy": 14.214725, "activity_lines": [ 1.895361, 1.911491, 1.926708, 1.91045 ] }, { "date": "2024-08-23", "close": 2.014822, "volume": 940, "typical_volume": 2820.7, "trend": 1.875472, "fair_value": 1.660812, "relative_strength": 4.318837, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 45.951656, "energy": 18.454767, "activity_lines": [ 1.932961, 1.929379, 1.934356, 1.920252 ] }, { "date": "2024-08-30", "close": 2.092648, "volume": 4472, "typical_volume": 3044.3, "trend": 1.889852, "fair_value": 1.662992, "relative_strength": 7.235318, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 68.470619, "energy": 52.754583, "activity_lines": [ 1.992211, 1.959514, 1.949141, 1.934263 ] }, { "date": "2024-09-06", "close": 2.196556, "volume": 0, "typical_volume": 3044.3, "trend": 1.908657, "fair_value": 1.666513, "relative_strength": 16.974091, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 81.868326, "energy": 79.615988, "activity_lines": [ 2.072582, 2.005886, 1.973003, 1.954051 ] }, { "date": "2024-09-13", "close": 2.289093, "volume": 0, "typical_volume": 3044.3, "trend": 1.929761, "fair_value": 1.670433, "relative_strength": 20.789306, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 87.787245, "energy": 91.196203, "activity_lines": [ 2.163548, 2.062319, 2.00374, 1.978595 ] }, { "date": "2024-09-20", "close": 2.434232, "volume": 0, "typical_volume": 3044.3, "trend": 1.953254, "fair_value": 1.673442, "relative_strength": 27.383609, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 93.73804, "energy": 97.263213, "activity_lines": [ 2.274488, 2.139718, 2.046866, 2.011141 ] }, { "date": "2024-09-27", "close": 2.463454, "volume": 0, "typical_volume": 2994.3, "trend": 1.979658, "fair_value": 1.67577, "relative_strength": 27.055594, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 90.062316, "energy": 96.256402, "activity_lines": [ 2.360482, 2.21421, 2.090695, 2.044058 ] }, { "date": "2024-10-04", "close": 2.209219, "volume": 0, "typical_volume": 494.3, "trend": 1.997155, "fair_value": 1.676874, "relative_strength": 14.762267, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 68.006116, "energy": 87.748873, "activity_lines": [ 2.331823, 2.233151, 2.108371, 2.058868 ] }, { "date": "2024-10-11", "close": 2.298834, "volume": 1100, "typical_volume": 549.3, "trend": 2.015798, "fair_value": 1.678245, "relative_strength": 18.752488, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.141727, "energy": 78.803026, "activity_lines": [ 2.325264, 2.262579, 2.133565, 2.078331 ] }, { "date": "2024-10-18", "close": 2.482936, "volume": 0, "typical_volume": 543.3, "trend": 2.036462, "fair_value": 1.682752, "relative_strength": 27.004983, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 84.099751, "energy": 70.244763, "activity_lines": [ 2.373254, 2.318098, 2.174538, 2.108469 ] }, { "date": "2024-10-25", "close": 2.497547, "volume": 0, "typical_volume": 543.3, "trend": 2.055659, "fair_value": 1.686871, "relative_strength": 28.498856, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 80.6446, "energy": 68.294632, "activity_lines": [ 2.413192, 2.365003, 2.214288, 2.138217 ] }, { "date": "2024-11-01", "close": 2.441051, "volume": 0, "typical_volume": 468.3, "trend": 2.071788, "fair_value": 1.689635, "relative_strength": 26.727702, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 67.589228, "energy": 65.099753, "activity_lines": [ 2.430076, 2.391024, 2.246085, 2.163081 ] }, { "date": "2024-11-08", "close": 2.748861, "volume": 0, "typical_volume": 468.3, "trend": 2.099395, "fair_value": 1.695325, "relative_strength": 40.626097, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 91.261436, "energy": 87.085561, "activity_lines": [ 2.551057, 2.465261, 2.304669, 2.206763 ] }, { "date": "2024-11-15", "close": 2.819968, "volume": 0, "typical_volume": 468.2, "trend": 2.133744, "fair_value": 1.702479, "relative_strength": 42.784531, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 90.481232, "energy": 94.513214, "activity_lines": [ 2.659764, 2.540495, 2.366204, 2.253251 ] }, { "date": "2024-11-22", "close": 2.864776, "volume": 100, "typical_volume": 473.2, "trend": 2.162972, "fair_value": 1.711287, "relative_strength": 44.565707, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 87.519824, "energy": 94.157647, "activity_lines": [ 2.748666, 2.612542, 2.427267, 2.300415 ] }, { "date": "2024-11-29", "close": 3.031344, "volume": 0, "typical_volume": 470.6, "trend": 2.197433, "fair_value": 1.721222, "relative_strength": 50.936467, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 91.456038, "energy": 96.496103, "activity_lines": [ 2.867633, 2.704407, 2.500032, 2.356439 ] }, { "date": "2024-12-06", "close": 3.335258, "volume": 0, "typical_volume": 470.6, "trend": 2.24007, "fair_value": 1.732741, "relative_strength": 61.844486, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 96.700411, "energy": 98.487727, "activity_lines": [ 3.052319, 2.840672, 2.596745, 2.429847 ] }, { "date": "2024-12-13", "close": 3.437537, "volume": 0, "typical_volume": 470.6, "trend": 2.288135, "fair_value": 1.745205, "relative_strength": 61.650189, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 94.183522, "energy": 97.672686, "activity_lines": [ 3.211485, 2.979683, 2.696604, 2.507103 ] }, { "date": "2024-12-20", "close": 3.551504, "volume": 0, "typical_volume": 470.6, "trend": 2.342176, "fair_value": 1.757439, "relative_strength": 67.115816, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 92.047478, "energy": 97.087074, "activity_lines": [ 3.362727, 3.117081, 2.799948, 2.58861 ] }, { "date": "2024-12-27", "close": 3.521308, "volume": 0, "typical_volume": 330.6, "trend": 2.395082, "fair_value": 1.769603, "relative_strength": 61.38426, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 79.682612, "energy": 92.757016, "activity_lines": [ 3.455135, 3.226214, 2.892518, 2.664683 ] }, { "date": "2025-01-03", "close": 3.543711, "volume": 1800, "typical_volume": 420.6, "trend": 2.447967, "fair_value": 1.780444, "relative_strength": 59.071471, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 75.385224, "energy": 91.250885, "activity_lines": [ 3.511242, 3.32054, 2.979324, 2.738788 ] }, { "date": "2025-01-10", "close": 3.663524, "volume": 5534, "typical_volume": 650.3, "trend": 2.506414, "fair_value": 1.791801, "relative_strength": 61.800075, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 82.948491, "energy": 89.425862, "activity_lines": [ 3.573129, 3.41763, 3.06978, 2.817211 ] }, { "date": "2025-01-17", "close": 3.669368, "volume": 580, "typical_volume": 455.7, "trend": 2.56384, "fair_value": 1.803658, "relative_strength": 54.229844, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 78.011104, "energy": 71.958632, "activity_lines": [ 3.615079, 3.493555, 3.152942, 2.892241 ] }, { "date": "2025-01-24", "close": 3.786258, "volume": 1314, "typical_volume": 521.4, "trend": 2.629229, "fair_value": 1.816464, "relative_strength": 54.05969, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 83.811854, "energy": 73.750956, "activity_lines": [ 3.680538, 3.573997, 3.239728, 2.971106 ] }, { "date": "2025-01-31", "close": 3.938215, "volume": 1757, "typical_volume": 609.25, "trend": 2.694143, "fair_value": 1.830348, "relative_strength": 56.915762, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 88.319872, "energy": 75.332481, "activity_lines": [ 3.780998, 3.664498, 3.333416, 3.055557 ] }, { "date": "2025-02-07", "close": 4.284014, "volume": 621, "typical_volume": 640.3, "trend": 2.770872, "fair_value": 1.844987, "relative_strength": 66.973898, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 96.48715, "energy": 78.450997, "activity_lines": [ 3.968931, 3.798354, 3.452185, 3.158129 ] }, { "date": "2025-02-14", "close": 3.968412, "volume": 1317, "typical_volume": 706.15, "trend": 2.838137, "fair_value": 1.8584, "relative_strength": 44.884076, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.36315, "energy": 68.34686, "activity_lines": [ 4.00231, 3.852053, 3.532088, 3.23539 ] }, { "date": "2025-02-21", "close": 3.860288, "volume": 389, "typical_volume": 725.6, "trend": 2.903816, "fair_value": 1.871923, "relative_strength": 40.374568, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.783282, "energy": 67.351572, "activity_lines": [ 3.979321, 3.874581, 3.594526, 3.301335 ] }, { "date": "2025-02-28", "close": 4.148617, "volume": 1800, "typical_volume": 760.6, "trend": 2.97901, "fair_value": 1.889211, "relative_strength": 45.174948, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 78.10807, "energy": 70.728334, "activity_lines": [ 4.039714, 3.941846, 3.676563, 3.381645 ] }, { "date": "2025-03-07", "close": 3.653783, "volume": 611, "typical_volume": 791.15, "trend": 3.038702, "fair_value": 1.902793, "relative_strength": 22.398518, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 60.972836, "energy": 55.495576, "activity_lines": [ 3.911006, 3.908284, 3.702663, 3.425179 ] }, { "date": "2025-03-14", "close": 3.263176, "volume": 1586, "typical_volume": 870.45, "trend": 3.083677, "fair_value": 1.913259, "relative_strength": 8.386292, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 22.786671, "energy": 20.918018, "activity_lines": [ 3.671057, 3.801294, 3.685988, 3.439661 ] }, { "date": "2025-03-21", "close": 3.298243, "volume": 0, "typical_volume": 870.45, "trend": 3.126458, "fair_value": 1.924261, "relative_strength": 9.806267, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 10.334789, "energy": 22.965906, "activity_lines": [ 3.510853, 3.705781, 3.669006, 3.453504 ] }, { "date": "2025-03-28", "close": 3.263176, "volume": 0, "typical_volume": 870.45, "trend": 3.165475, "fair_value": 1.934767, "relative_strength": 10.102078, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -7.754491, "energy": 30.42549, "activity_lines": [ 3.383638, 3.610534, 3.644603, 3.462324 ] }, { "date": "2025-04-04", "close": 2.71769, "volume": 19670, "typical_volume": 1853.95, "trend": 3.182847, "fair_value": 1.942204, "relative_strength": 1.288223, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -48.015846, "energy": 51.423785, "activity_lines": [ 3.114401, 3.423492, 3.5658, 3.433435 ] }, { "date": "2025-04-11", "close": 2.667037, "volume": 250, "typical_volume": 1861.45, "trend": 3.195445, "fair_value": 1.948485, "relative_strength": 0.167923, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -47.053057, "energy": 67.218873, "activity_lines": [ 2.923676, 3.24667, 3.48266, 3.400157 ] }, { "date": "2025-04-18", "close": 2.814124, "volume": 0, "typical_volume": 1861.45, "trend": 3.208108, "fair_value": 1.955173, "relative_strength": -0.271954, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -34.425794, "energy": 69.138437, "activity_lines": [ 2.847762, 3.119702, 3.414469, 3.375556 ] }, { "date": "2025-04-25", "close": 3.037189, "volume": 2000, "typical_volume": 1961.45, "trend": 3.227232, "fair_value": 1.964064, "relative_strength": 3.260503, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -30.028155, "energy": 62.694249, "activity_lines": [ 2.876141, 3.060018, 3.368558, 3.364529 ] }, { "date": "2025-05-02", "close": 3.097582, "volume": 0, "typical_volume": 1961.45, "trend": 3.256844, "fair_value": 1.974365, "relative_strength": 3.283096, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -35.179844, "energy": 41.093907, "activity_lines": [ 2.942053, 3.028245, 3.329817, 3.356164 ] }, { "date": "2025-05-09", "close": 3.436563, "volume": 300, "typical_volume": 1976.45, "trend": 3.294769, "fair_value": 1.987467, "relative_strength": 8.830696, "stage": 2, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -9.914453, "energy": 15.558145, "activity_lines": [ 3.132, 3.071973, 3.324979, 3.367759 ] }, { "date": "2025-05-16", "close": 3.759958, "volume": 0, "typical_volume": 1976.45, "trend": 3.337336, "fair_value": 2.002481, "relative_strength": 14.706364, "stage": 2, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": 22.936409, "energy": 26.312674, "activity_lines": [ 3.381819, 3.187446, 3.351488, 3.397771 ] }, { "date": "2025-05-23", "close": 3.686902, "volume": 0, "typical_volume": 1886.45, "trend": 3.376981, "fair_value": 2.016621, "relative_strength": 12.916736, "stage": 2, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 23.216707, "energy": 32.83524, "activity_lines": [ 3.534426, 3.287705, 3.369903, 3.420324 ] }, { "date": "2025-05-30", "close": 3.767751, "volume": 2000, "typical_volume": 1709.75, "trend": 3.421205, "fair_value": 2.031488, "relative_strength": 13.309605, "stage": 2, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 29.690914, "energy": 38.752544, "activity_lines": [ 3.655796, 3.394961, 3.395336, 3.445535 ] }, { "date": "2025-06-06", "close": 3.839833, "volume": 0, "typical_volume": 1680.75, "trend": 3.45757, "fair_value": 2.047369, "relative_strength": 13.944155, "stage": 2, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 43.217425, "energy": 56.323523, "activity_lines": [ 3.75249, 3.506785, 3.427137, 3.472543 ] }, { "date": "2025-06-13", "close": 3.589494, "volume": 0, "typical_volume": 1615.05, "trend": 3.483221, "fair_value": 2.06248, "relative_strength": 8.03399, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 25.710711, "energy": 51.067621, "activity_lines": [ 3.716254, 3.562609, 3.434285, 3.481054 ] }, { "date": "2025-06-20", "close": 3.602156, "volume": 0, "typical_volume": 1527.2, "trend": 3.507801, "fair_value": 2.077357, "relative_strength": 8.137976, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 22.242631, "energy": 34.969375, "activity_lines": [ 3.674044, 3.604884, 3.443576, 3.488727 ] }, { "date": "2025-06-27", "close": 3.902845, "volume": 0, "typical_volume": 1496.15, "trend": 3.536851, "fair_value": 2.094729, "relative_strength": 13.855244, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 35.489306, "energy": 37.98364, "activity_lines": [ 3.742583, 3.684828, 3.483104, 3.514214 ] }, { "date": "2025-07-04", "close": 3.970118, "volume": 2100, "typical_volume": 1535.3, "trend": 3.558013, "fair_value": 2.112181, "relative_strength": 15.672857, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 38.123149, "energy": 38.697743, "activity_lines": [ 3.819151, 3.757208, 3.530854, 3.542167 ] }, { "date": "2025-07-11", "close": 4.249105, "volume": 6350, "typical_volume": 1833.35, "trend": 3.585065, "fair_value": 2.131385, "relative_strength": 19.855962, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 85.935387, "energy": 81.118894, "activity_lines": [ 3.975223, 3.863351, 3.605167, 3.586753 ] }, { "date": "2025-07-18", "close": 4.347047, "volume": 210, "typical_volume": 1753.85, "trend": 3.611583, "fair_value": 2.15088, "relative_strength": 21.26452, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 84.20669, "energy": 90.515832, "activity_lines": [ 4.136657, 3.966364, 3.686955, 3.635914 ] }, { "date": "2025-07-25", "close": 4.224372, "volume": 0, "typical_volume": 1723.3, "trend": 3.635018, "fair_value": 2.169269, "relative_strength": 14.399783, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 69.237933, "energy": 87.134959, "activity_lines": [ 4.206696, 4.030519, 3.756116, 3.675448 ] }, { "date": "2025-08-01", "close": 4.249105, "volume": 0, "typical_volume": 1644.0, "trend": 3.658532, "fair_value": 2.187702, "relative_strength": 16.964183, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 69.100865, "energy": 85.674312, "activity_lines": [ 4.243499, 4.090727, 3.824914, 3.715067 ] }, { "date": "2025-08-08", "close": 4.230308, "volume": 0, "typical_volume": 1644.0, "trend": 3.677424, "fair_value": 2.206105, "relative_strength": 8.982327, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.70407, "energy": 81.118158, "activity_lines": [ 4.250952, 4.137295, 3.887228, 3.751956 ] }, { "date": "2025-08-15", "close": 4.395524, "volume": 0, "typical_volume": 1644.0, "trend": 3.70163, "fair_value": 2.226087, "relative_strength": 9.339751, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 76.743406, "energy": 75.042903, "activity_lines": [ 4.296131, 4.205492, 3.960838, 3.798285 ] }, { "date": "2025-08-22", "close": 4.451914, "volume": 0, "typical_volume": 660.5, "trend": 3.723818, "fair_value": 2.246587, "relative_strength": 11.137466, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 77.434568, "energy": 72.673942, "activity_lines": [ 4.350345, 4.273839, 4.034427, 3.84669 ] }, { "date": "2025-08-29", "close": 4.387609, "volume": 55, "typical_volume": 650.75, "trend": 3.738798, "fair_value": 2.267048, "relative_strength": 12.605592, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.668497, "energy": 72.454787, "activity_lines": [ 4.376133, 4.314813, 4.093633, 3.889515 ] }, { "date": "2025-09-05", "close": 4.474669, "volume": 0, "typical_volume": 650.75, "trend": 3.745153, "fair_value": 2.287903, "relative_strength": 14.321205, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 72.592426, "energy": 71.374764, "activity_lines": [ 4.420059, 4.357336, 4.152937, 3.936991 ] }, { "date": "2025-09-12", "close": 4.354961, "volume": 0, "typical_volume": 550.75, "trend": 3.758038, "fair_value": 2.308333, "relative_strength": 9.312149, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.184441, "energy": 61.243926, "activity_lines": [ 4.409044, 4.367697, 4.192933, 3.976333 ] }, { "date": "2025-09-19", "close": 4.372769, "volume": 0, "typical_volume": 550.75, "trend": 3.775121, "fair_value": 2.329417, "relative_strength": 9.548968, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.427708, "energy": 55.5552, "activity_lines": [ 4.395655, 4.374298, 4.22835, 4.015993 ] }, { "date": "2025-09-26", "close": 4.352983, "volume": 0, "typical_volume": 535.75, "trend": 3.781933, "fair_value": 2.350644, "relative_strength": 7.829998, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 60.289577, "energy": 52.993535, "activity_lines": [ 4.377188, 4.375054, 4.25581, 4.053275 ] }, { "date": "2025-10-03", "close": 4.384641, "volume": 0, "typical_volume": 535.75, "trend": 3.806295, "fair_value": 2.371671, "relative_strength": 5.548196, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 49.419549, "energy": 43.653386, "activity_lines": [ 4.375869, 4.381457, 4.281921, 4.092159 ] }, { "date": "2025-10-10", "close": 4.669563, "volume": 250, "typical_volume": 548.25, "trend": 3.853174, "fair_value": 2.393893, "relative_strength": 13.663953, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 82.959033, "energy": 62.054377, "activity_lines": [ 4.469722, 4.436751, 4.332194, 4.147854 ] }, { "date": "2025-10-17", "close": 4.551835, "volume": 760, "typical_volume": 486.25, "trend": 3.894961, "fair_value": 2.415071, "relative_strength": 12.177167, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.290337, "energy": 58.254557, "activity_lines": [ 4.511339, 4.462995, 4.366574, 4.192929 ] }, { "date": "2025-10-24", "close": 4.598333, "volume": 1901, "typical_volume": 581.3, "trend": 3.939466, "fair_value": 2.436075, "relative_strength": 10.497338, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 70.076111, "energy": 61.549531, "activity_lines": [ 4.555331, 4.491847, 4.40165, 4.238308 ] }, { "date": "2025-10-31", "close": 4.661649, "volume": 0, "typical_volume": 581.3, "trend": 4.004265, "fair_value": 2.457184, "relative_strength": 8.06544, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 74.579988, "energy": 76.591218, "activity_lines": [ 4.60539, 4.528523, 4.439143, 4.2849 ] }, { "date": "2025-11-07", "close": 4.175896, "volume": 0, "typical_volume": 581.3, "trend": 4.05456, "fair_value": 2.474295, "relative_strength": -2.313963, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 32.314156, "energy": 29.441537, "activity_lines": [ 4.472954, 4.473068, 4.425269, 4.295973 ] }, { "date": "2025-11-14", "close": 4.304506, "volume": 220, "typical_volume": 592.3, "trend": 4.104239, "fair_value": 2.492551, "relative_strength": -1.561356, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 34.191853, "energy": 19.295518, "activity_lines": [ 4.397304, 4.444845, 4.420911, 4.312099 ] }, { "date": "2025-11-21", "close": 4.271859, "volume": 0, "typical_volume": 487.3, "trend": 4.145395, "fair_value": 2.510336, "relative_strength": -1.168913, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 18.367463, "energy": 17.396712, "activity_lines": [ 4.335109, 4.413781, 4.411531, 4.322913 ] }, { "date": "2025-11-28", "close": 4.525, "volume": 0, "typical_volume": 169.8, "trend": 4.192976, "fair_value": 2.529707, "relative_strength": -0.021799, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 34.111593, "energy": 24.582488, "activity_lines": [ 4.37596, 4.430253, 4.424824, 4.347404 ] }, { "date": "2025-12-05", "close": 4.419, "volume": 0, "typical_volume": 159.3, "trend": 4.225723, "fair_value": 2.548311, "relative_strength": -3.62275, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 16.465108, "energy": 10.858524, "activity_lines": [ 4.386366, 4.424684, 4.426707, 4.361986 ] }, { "date": "2025-12-12", "close": 4.608, "volume": 0, "typical_volume": 159.3, "trend": 4.253992, "fair_value": 2.568618, "relative_strength": 0.163105, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 55.86332, "energy": 29.854198, "activity_lines": [ 4.475948, 4.452279, 4.446247, 4.386649 ] }, { "date": "2025-12-19", "close": 4.762, "volume": 1400, "typical_volume": 229.3, "trend": 4.289828, "fair_value": 2.590154, "relative_strength": 1.08422, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 68.896867, "energy": 58.572535, "activity_lines": [ 4.588057, 4.503813, 4.478628, 4.419424 ] }, { "date": "2025-12-26", "close": 4.816, "volume": 0, "typical_volume": 229.3, "trend": 4.32477, "fair_value": 2.612265, "relative_strength": 2.097517, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 71.496875, "energy": 70.433636, "activity_lines": [ 4.687667, 4.563484, 4.513708, 4.45337 ] }, { "date": "2026-01-02", "close": 4.83, "volume": 0, "typical_volume": 229.3, "trend": 4.357775, "fair_value": 2.634465, "relative_strength": 0.540727, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 71.143115, "energy": 75.247531, "activity_lines": [ 4.755667, 4.620898, 4.547334, 4.485966 ] }, { "date": "2026-01-09", "close": 4.926, "volume": 0, "typical_volume": 229.3, "trend": 4.402326, "fair_value": 2.657281, "relative_strength": 1.761633, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 75.06127, "energy": 80.448687, "activity_lines": [ 4.835333, 4.691554, 4.588033, 4.522625 ] }, { "date": "2026-01-16", "close": 4.77, "volume": 1400, "typical_volume": 296.55, "trend": 4.441254, "fair_value": 2.67654, "relative_strength": -2.463045, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 63.79358, "energy": 70.423757, "activity_lines": [ 4.8292, 4.72904, 4.611617, 4.546346 ] }, { "date": "2026-01-23", "close": 4.805, "volume": 0, "typical_volume": 296.55, "trend": 4.471326, "fair_value": 2.695368, "relative_strength": -2.377279, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 60.308921, "energy": 49.701908, "activity_lines": [ 4.823933, 4.762088, 4.636714, 4.569814 ] }, { "date": "2026-01-30", "close": 4.845, "volume": 0, "typical_volume": 296.55, "trend": 4.500488, "fair_value": 2.714505, "relative_strength": -2.745824, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 60.643985, "energy": 44.370005, "activity_lines": [ 4.829133, 4.793309, 4.664047, 4.593922 ] }, { "date": "2026-02-06", "close": 4.985, "volume": 0, "typical_volume": 296.55, "trend": 4.525018, "fair_value": 2.734626, "relative_strength": -0.523457, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 72.682287, "energy": 51.14242, "activity_lines": [ 4.879067, 4.839564, 4.70238, 4.625181 ] }, { "date": "2026-02-13", "close": 5.01, "volume": 0, "typical_volume": 296.55, "trend": 4.547117, "fair_value": 2.755239, "relative_strength": 0.916118, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 72.09475, "energy": 59.215615, "activity_lines": [ 4.927, 4.882, 4.740179, 4.65647 ] }, { "date": "2026-02-20", "close": 4.989, "volume": 200, "typical_volume": 306.55, "trend": 4.572604, "fair_value": 2.77597, "relative_strength": -2.505385, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.022195, "energy": 68.086253, "activity_lines": [ 4.962333, 4.909873, 4.772849, 4.684978 ] }, { "date": "2026-02-27", "close": 4.838, "volume": 2000, "typical_volume": 394.05, "trend": 4.592234, "fair_value": 2.796362, "relative_strength": -3.38316, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 60.162234, "energy": 53.676139, "activity_lines": [ 4.932733, 4.903364, 4.788261, 4.702101 ] }, { "date": "2026-03-06", "close": 4.172, "volume": 949, "typical_volume": 403.5, "trend": 4.59029, "fair_value": 2.812767, "relative_strength": -11.934702, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "up", "direction": 1.499127, "energy": 10.046841, "activity_lines": [ 4.678933, 4.774382, 4.739441, 4.674989 ] }, { "date": "2026-03-13", "close": 4.129, "volume": 509, "typical_volume": 333.9, "trend": 4.581406, "fair_value": 2.829535, "relative_strength": -10.563927, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -39.157197, "energy": 40.807712, "activity_lines": [ 4.455667, 4.649291, 4.688335, 4.645228 ] }, { "date": "2026-03-20", "close": 3.971, "volume": 950, "typical_volume": 381.4, "trend": 4.565376, "fair_value": 2.845434, "relative_strength": -12.837335, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -45.690482, "energy": 55.944438, "activity_lines": [ 4.2368, 4.508218, 4.624417, 4.605847 ] }, { "date": "2026-03-27", "close": 4.114, "volume": 0, "typical_volume": 381.4, "trend": 4.556255, "fair_value": 2.861561, "relative_strength": -10.998148, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -29.808585, "energy": 63.175009, "activity_lines": [ 4.134867, 4.410509, 4.577406, 4.576726 ] }, { "date": "2026-04-03", "close": 4.152, "volume": 0, "typical_volume": 370.4, "trend": 4.5455, "fair_value": 2.877829, "relative_strength": -13.320624, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -37.818292, "energy": 69.622813, "activity_lines": [ 4.103933, 4.331636, 4.534309, 4.550645 ] }, { "date": "2026-04-10", "close": 4.515, "volume": 200, "typical_volume": 380.4, "trend": 4.550834, "fair_value": 2.896627, "relative_strength": -11.633271, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -60.707891, "energy": 51.331184, "activity_lines": [ 4.239733, 4.330636, 4.52651, 4.548677 ] }, { "date": "2026-04-17", "close": 4.671, "volume": 0, "typical_volume": 380.4, "trend": 4.560776, "fair_value": 2.916188, "relative_strength": -10.917556, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -30.483678, "energy": 19.283709, "activity_lines": [ 4.404667, 4.364, 4.53241, 4.55643 ] }, { "date": "2026-04-24", "close": 4.321683, "volume": 0, "typical_volume": 380.4, "trend": 4.559732, "fair_value": 2.933495, "relative_strength": -14.665365, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -37.477136, "energy": 21.434267, "activity_lines": [ 4.417028, 4.339561, 4.504346, 4.541005 ] }, { "date": "2026-05-01", "close": 4.261233, "volume": 4000, "typical_volume": 580.4, "trend": 4.555619, "fair_value": 2.950165, "relative_strength": -16.422376, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -39.506608, "energy": 23.883072, "activity_lines": [ 4.38586, 4.316645, 4.470989, 4.521747 ] }, { "date": "2026-05-08", "close": 4.488169, "volume": 212, "typical_volume": 521.0, "trend": 4.549572, "fair_value": 2.967876, "relative_strength": -13.236953, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -32.706458, "energy": 18.368495, "activity_lines": [ 4.420522, 4.348223, 4.460896, 4.517395 ] }, { "date": "2026-05-15", "close": 4.286008, "volume": 512, "typical_volume": 546.6, "trend": 4.540711, "fair_value": 2.983957, "relative_strength": -16.598521, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -41.766806, "energy": 23.071548, "activity_lines": [ 4.365385, 4.349404, 4.432853, 4.500391 ] }, { "date": "2026-05-22", "close": 4.544655, "volume": 0, "typical_volume": 546.6, "trend": 4.538922, "fair_value": 3.001883, "relative_strength": -13.225843, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -29.111015, "energy": 14.103857, "activity_lines": [ 4.411731, 4.39554, 4.431968, 4.500645 ] }, { "date": "2026-05-29", "close": 4.940058, "volume": 20930, "typical_volume": 1593.1, "trend": 4.548202, "fair_value": 3.022429, "relative_strength": -8.128133, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 24.713086, "energy": 20.046794, "activity_lines": [ 4.5983, 4.50601, 4.470098, 4.526525 ] }, { "date": "2026-06-05", "close": 4.805284, "volume": 9074, "typical_volume": 1976.8, "trend": 4.569182, "fair_value": 3.041804, "relative_strength": -9.538462, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 21.254808, "energy": 30.182726, "activity_lines": [ 4.69872, 4.574356, 4.495326, 4.543111 ] }, { "date": "2026-06-12", "close": 4.984652, "volume": 0, "typical_volume": 1976.8, "trend": 4.591853, "fair_value": 3.06179, "relative_strength": -8.722855, "stage": 3, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 33.96699, "energy": 53.802706, "activity_lines": [ 4.822659, 4.662745, 4.537469, 4.569915 ] }, { "date": "2026-06-19", "close": 5.22447, "volume": 141, "typical_volume": 1983.85, "trend": 4.623607, "fair_value": 3.08347, "relative_strength": -8.210109, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 43.09521, "energy": 66.593807, "activity_lines": [ 4.993439, 4.779599, 4.601596, 4.610729 ] }, { "date": "2026-06-26", "close": 5.562, "volume": 436, "typical_volume": 2005.65, "trend": 4.658174, "fair_value": 3.107459, "relative_strength": -0.394882, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 89.129322, "energy": 88.549546, "activity_lines": [ 5.214164, 4.944923, 4.696061, 4.671271 ] }, { "date": "2026-07-03", "close": 5.564, "volume": 0, "typical_volume": 2005.65, "trend": 4.69634, "fair_value": 3.131922, "relative_strength": -2.65854, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 83.384435, "energy": 91.387209, "activity_lines": [ 5.367733, 5.09441, 4.78797, 4.729711 ] }, { "date": "2026-07-10", "close": 5.508, "volume": 257, "typical_volume": 2008.5, "trend": 4.72634, "fair_value": 3.155981, "relative_strength": -2.221593, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 72.846726, "energy": 89.003429, "activity_lines": [ 5.461039, 5.211127, 4.871907, 4.782076 ] }, { "date": "2026-07-17", "close": 5.212, "volume": 0, "typical_volume": 1908.5, "trend": 4.74134, "fair_value": 3.178255, "relative_strength": -5.417449, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.977006, "energy": 82.439662, "activity_lines": [ 5.408831, 5.251358, 4.925182, 4.813409 ] }, { "date": "2026-07-24", "close": 5.078, "volume": 0, "typical_volume": 1861.05, "trend": 4.750074, "fair_value": 3.199188, "relative_strength": -8.870955, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 63.031558, "energy": 54.389521, "activity_lines": [ 5.2968, 5.254065, 4.963914, 4.835129 ] }, { "date": "2026-07-31", "close": 5.116, "volume": 0, "typical_volume": 1835.6, "trend": 4.759607, "fair_value": 3.220108, "relative_strength": -7.887336, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 47.220623, "energy": 36.850568, "activity_lines": [ 5.2072, 5.249281, 5.001951, 4.858737 ] }, { "date": "2026-08-07", "close": 5.198, "volume": 1646, "typical_volume": 1870.4, "trend": 4.768674, "fair_value": 3.241486, "relative_strength": -8.917758, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 41.400177, "energy": 26.58193, "activity_lines": [ 5.174667, 5.249018, 5.043098, 4.887021 ] } ], "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." } } }