{ "ticker": { "uuid": "abe49d8d-a9f1-4c36-96b0-6d26ef1aac59", "symbol": "CLOUD", "name": "Cloudberry Clean Energy ASA", "exchange": "OSL", "country": "NO", "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": "OSEBX.OL", "stage": 3, "stage_name": "Distribution", "phase": "3a", "phase_label": "Stage 3A \u00b7 Churning", "transition": "stage_3_churning", "transition_label": "Stage 3 range intact", "confidence": 79.958, "architecture_regime": "rotation_up", "architecture_regime_label": "Rotation Up", "architecture_modifier": "Value reclamation", "architecture_gate": "mixed", "architecture_direction": 28.735, "architecture_energy": 27.039, "architecture_maturity": 6.559, "architecture_confidence": 62.224, "architecture_tenure": "New", "architecture": { "interpretation": { "headline": "The Activity Line structure is rotating upward.", "body": "Fast Activity is improving relative to Slow Activity and price acceptance is strengthening. This is earlier than full positive Trend confirmation and remains a developing repair." }, "scores": { "balance": 37.6, "rotation_up": 65.9, "upward_expansion": 52.52, "deceleration": 30.23, "rotation_down": 17.23, "downward_expansion": 8.52 }, "activity_lines": [ 12.948, 12.668727, 12.600952, 12.636645 ], "activity_state": "Moderate", "activity_direction": "Stable", "rotation_direction": "Improving", "price_acceptance": 1.0 }, "latest_close": 12.98, "trend_reference": 12.613333, "distance_from_trend": 0.02907, "trend_direction": "Weakening", "fair_value": 11.705577, "distance_from_fair_value": 0.108873, "fair_value_direction": "Improving", "relative_strength": -10.236459, "relative_strength_direction": "Improving", "price_momentum": 0.078073, "excess_performance": -0.046921, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.02907, "read": "Above" }, { "label": "Trend direction", "positive": false, "value": -0.009061, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.108873, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.010915, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.102365, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.032108, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.078073, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 1.748966, "read": "Demand-led" } ], "volume": { "latest": 375845, "relative_activity": 0.844681, "balance": 1.748966, "dry_up": 0.913548, "accumulation_observations": 5, "distribution_observations": 1 }, "risk": { "range_context": 0.057959, "annualized_volatility": 0.249506, "from_high_reference": -0.068867, "from_low_reference": 0.20632 }, "levels": { "trend_reference": 12.613333, "fair_value_reference": 11.705577, "structural_low": 10.76, "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": -0.035288, "positive_rate": 0.2, "directional_follow_through": 0.2, "median_excess_return": -0.03755, "regime_survival": 0.4, "best_return": 0.111888, "worst_return": -0.113905, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 6, "median_return": -0.128756, "positive_rate": 0.333333, "directional_follow_through": 0.333333, "median_excess_return": -0.069601, "regime_survival": 0.0, "best_return": 0.15514, "worst_return": -0.230769, "sufficient": true }, { "horizon": "Extended", "sample_count": 4, "median_return": -0.065355, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": -0.037344, "regime_survival": 0.0, "best_return": 0.084112, "worst_return": -0.260355, "sufficient": false }, { "horizon": "Full cycle", "sample_count": 3, "median_return": -0.214497, "positive_rate": 0.333333, "directional_follow_through": 0.333333, "median_excess_return": -0.343748, "regime_survival": 0.0, "best_return": 0.063551, "worst_return": -0.438538, "sufficient": false } ], "ledger": [ { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-01-10", "end": "2025-03-14", "tenure": "Developing", "return": -0.12272, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-03-21", "end": "2025-04-18", "tenure": "Developing", "return": 0.088929, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-04-25", "end": "2025-05-02", "tenure": "New", "return": -0.00641, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-05-09", "end": "2025-06-06", "tenure": "Developing", "return": -0.080386, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-06-13", "end": "2025-07-11", "tenure": "Developing", "return": 0.121265, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-07-18", "end": "2025-10-17", "tenure": "Established", "return": -0.049254, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-10-24", "end": "2025-11-14", "tenure": "New", "return": -0.015748, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-11-21", "end": "2025-11-28", "tenure": "New", "return": 0.089457, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-12-05", "end": "2026-01-23", "tenure": "Developing", "return": -0.028662, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-01-30", "end": "2026-03-20", "tenure": "Developing", "return": 0.058158, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2026-03-27", "end": "2026-05-08", "tenure": "Developing", "return": -0.013846, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-05-15", "end": "2026-06-19", "tenure": "Developing", "return": -0.154908, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-06-26", "end": "2026-07-24", "tenure": "Developing", "return": 0.078992, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2026-07-31", "end": "2026-08-07", "tenure": "New", "return": -0.004601, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 10.3, "volume": 1056512, "typical_volume": 966640.75, "trend": 11.521333, "fair_value": 14.317804, "relative_strength": -20.448664, "stage": 4, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -33.646841, "energy": 48.710779, "activity_lines": [ 10.782667, 11.339636, 11.696952, 11.583871 ] }, { "date": "2023-08-25", "close": 10.02, "volume": 671921, "typical_volume": 983931.3, "trend": 11.455333, "fair_value": 14.303625, "relative_strength": -21.28583, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -36.487842, "energy": 59.975723, "activity_lines": [ 10.436, 11.02, 11.544476, 11.487011 ] }, { "date": "2023-09-01", "close": 10.38, "volume": 311180, "typical_volume": 966764.35, "trend": 11.404667, "fair_value": 14.29435, "relative_strength": -19.532409, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -27.234771, "energy": 57.108839, "activity_lines": [ 10.333333, 10.815273, 11.430952, 11.417634 ] }, { "date": "2023-09-08", "close": 10.4, "volume": 1183120, "typical_volume": 986708.85, "trend": 11.318667, "fair_value": 14.272729, "relative_strength": -18.237916, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -34.220912, "energy": 54.420035, "activity_lines": [ 10.312, 10.658545, 11.321333, 11.352817 ] }, { "date": "2023-09-15", "close": 10.46, "volume": 2018154, "typical_volume": 1055937.8, "trend": 11.278667, "fair_value": 14.250225, "relative_strength": -18.784561, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -31.648587, "energy": 41.941643, "activity_lines": [ 10.358667, 10.556, 11.217429, 11.297419 ] }, { "date": "2023-09-22", "close": 10.2, "volume": 810202, "typical_volume": 1028831.05, "trend": 11.255333, "fair_value": 14.231799, "relative_strength": -19.791083, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -60.752725, "energy": 42.453, "activity_lines": [ 10.321333, 10.433818, 11.089143, 11.227828 ] }, { "date": "2023-09-29", "close": 10.7, "volume": 1360869, "typical_volume": 1015477.85, "trend": 11.234667, "fair_value": 14.221953, "relative_strength": -14.924266, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -43.919425, "energy": 30.79623, "activity_lines": [ 10.457333, 10.438182, 11.009714, 11.192 ] }, { "date": "2023-10-06", "close": 10.0, "volume": 2226981, "typical_volume": 1103791.95, "trend": 11.22, "fair_value": 14.203205, "relative_strength": -17.548143, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.410969, "energy": 38.927277, "activity_lines": [ 10.314667, 10.336727, 10.865619, 11.112344 ] }, { "date": "2023-10-13", "close": 10.0, "volume": 1224040, "typical_volume": 1098419.35, "trend": 11.203333, "fair_value": 14.190535, "relative_strength": -20.743096, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.84207, "energy": 39.874864, "activity_lines": [ 10.197333, 10.262545, 10.730476, 11.033634 ] }, { "date": "2023-10-20", "close": 9.95, "volume": 1205506, "typical_volume": 1120879.0, "trend": 11.197, "fair_value": 14.181064, "relative_strength": -18.213315, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.660595, "energy": 40.437054, "activity_lines": [ 10.09, 10.199636, 10.603619, 10.952774 ] }, { "date": "2023-10-27", "close": 10.12, "volume": 877594, "typical_volume": 1015082.0, "trend": 11.155, "fair_value": 14.181958, "relative_strength": -15.762136, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -57.203446, "energy": 45.485801, "activity_lines": [ 10.073333, 10.177636, 10.503571, 10.88329 ] }, { "date": "2023-11-03", "close": 10.42, "volume": 1556211, "typical_volume": 977277.35, "trend": 11.135667, "fair_value": 14.177163, "relative_strength": -14.171745, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -52.588927, "energy": 34.031725, "activity_lines": [ 10.162, 10.213455, 10.448286, 10.835871 ] }, { "date": "2023-11-10", "close": 10.02, "volume": 1324323, "typical_volume": 1006418.05, "trend": 11.109667, "fair_value": 14.157584, "relative_strength": -16.719223, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -56.043012, "energy": 33.336161, "activity_lines": [ 10.136, 10.169273, 10.365952, 10.763892 ] }, { "date": "2023-11-17", "close": 9.99, "volume": 964435, "typical_volume": 1021950.0, "trend": 11.096, "fair_value": 14.141651, "relative_strength": -17.168882, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -54.495785, "energy": 30.889162, "activity_lines": [ 10.098667, 10.126182, 10.294095, 10.691656 ] }, { "date": "2023-11-24", "close": 9.96, "volume": 1344882, "typical_volume": 1061994.0, "trend": 11.076667, "fair_value": 14.12335, "relative_strength": -17.982733, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -53.885534, "energy": 30.7042, "activity_lines": [ 10.052, 10.085091, 10.232667, 10.618366 ] }, { "date": "2023-12-01", "close": 9.91, "volume": 882507, "typical_volume": 1082987.2, "trend": 11.058333, "fair_value": 14.110743, "relative_strength": -17.086765, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -54.548902, "energy": 33.278237, "activity_lines": [ 9.988, 10.044, 10.176095, 10.543097 ] }, { "date": "2023-12-08", "close": 10.0, "volume": 939557, "typical_volume": 1111998.8, "trend": 11.021, "fair_value": 14.103191, "relative_strength": -15.044689, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -52.121129, "energy": 32.360111, "activity_lines": [ 9.968, 10.024545, 10.13881, 10.474817 ] }, { "date": "2023-12-15", "close": 10.04, "volume": 3466959, "typical_volume": 1248647.65, "trend": 10.959667, "fair_value": 14.087579, "relative_strength": -14.21009, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -49.997212, "energy": 28.645316, "activity_lines": [ 9.989333, 10.025091, 10.114286, 10.411527 ] }, { "date": "2023-12-22", "close": 10.48, "volume": 2337934, "typical_volume": 1331014.65, "trend": 10.884333, "fair_value": 14.079265, "relative_strength": -9.982547, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -30.510757, "energy": 15.83338, "activity_lines": [ 10.156, 10.104909, 10.138619, 10.380581 ] }, { "date": "2023-12-29", "close": 11.56, "volume": 2097648, "typical_volume": 1393026.75, "trend": 10.863667, "fair_value": 14.062904, "relative_strength": -1.222007, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 11.555989, "energy": 16.961366, "activity_lines": [ 10.65, 10.372364, 10.268857, 10.424172 ] }, { "date": "2024-01-05", "close": 10.9, "volume": 854330, "typical_volume": 1382917.65, "trend": 10.776333, "fair_value": 14.029133, "relative_strength": -7.2791, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 17.33441, "energy": 24.354663, "activity_lines": [ 10.817333, 10.490545, 10.33119, 10.426516 ] }, { "date": "2024-01-12", "close": 10.7, "volume": 554400, "typical_volume": 1377041.6, "trend": 10.708333, "fair_value": 13.992801, "relative_strength": -7.282844, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 17.5235, "energy": 29.355688, "activity_lines": [ 10.852, 10.558182, 10.371619, 10.421591 ] }, { "date": "2024-01-19", "close": 9.92, "volume": 812469, "typical_volume": 1402106.05, "trend": 10.611667, "fair_value": 13.947949, "relative_strength": -12.204416, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "down", "direction": -19.049083, "energy": 18.327636, "activity_lines": [ 10.58, 10.478909, 10.334524, 10.370731 ] }, { "date": "2024-01-26", "close": 9.86, "volume": 591779, "typical_volume": 1372539.0, "trend": 10.514333, "fair_value": 13.91199, "relative_strength": -13.33229, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -39.540741, "energy": 18.962383, "activity_lines": [ 10.296, 10.390545, 10.293905, 10.322237 ] }, { "date": "2024-02-02", "close": 9.93, "volume": 1103832, "typical_volume": 1326822.9, "trend": 10.446, "fair_value": 13.864323, "relative_strength": -10.825753, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -40.3408, "energy": 27.987402, "activity_lines": [ 10.076667, 10.317273, 10.262524, 10.284538 ] }, { "date": "2024-02-09", "close": 9.78, "volume": 857454, "typical_volume": 1329185.5, "trend": 10.366667, "fair_value": 13.816015, "relative_strength": -9.447051, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -55.727251, "energy": 38.34756, "activity_lines": [ 9.916, 10.217273, 10.219381, 10.24157 ] }, { "date": "2024-02-16", "close": 9.32, "volume": 1778696, "typical_volume": 1350076.85, "trend": 10.281333, "fair_value": 13.772756, "relative_strength": -14.915972, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -68.275766, "energy": 58.93625, "activity_lines": [ 9.676667, 10.036, 10.134429, 10.174043 ] }, { "date": "2024-02-23", "close": 9.02, "volume": 1254292, "typical_volume": 1301442.4, "trend": 10.198667, "fair_value": 13.740382, "relative_strength": -17.125933, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -74.394577, "energy": 69.970233, "activity_lines": [ 9.429333, 9.812545, 10.027476, 10.092667 ] }, { "date": "2024-03-01", "close": 9.8, "volume": 1578272, "typical_volume": 1319154.0, "trend": 10.154667, "fair_value": 13.705317, "relative_strength": -10.707881, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -57.858272, "energy": 55.115395, "activity_lines": [ 9.502, 9.749455, 9.999476, 10.066946 ] }, { "date": "2024-03-08", "close": 9.92, "volume": 1244607, "typical_volume": 1321109.05, "trend": 10.135333, "fair_value": 13.672941, "relative_strength": -9.742433, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -53.953702, "energy": 39.17302, "activity_lines": [ 9.618667, 9.720545, 9.983857, 10.051806 ] }, { "date": "2024-03-15", "close": 9.22, "volume": 2299165, "typical_volume": 1392187.6, "trend": 10.099333, "fair_value": 13.637997, "relative_strength": -16.641804, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.354208, "energy": 37.840111, "activity_lines": [ 9.502667, 9.594182, 9.901714, 9.992753 ] }, { "date": "2024-03-22", "close": 9.2, "volume": 1057044, "typical_volume": 1367229.25, "trend": 10.072, "fair_value": 13.605804, "relative_strength": -18.126029, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.628587, "energy": 34.452809, "activity_lines": [ 9.417333, 9.494727, 9.821952, 9.934731 ] }, { "date": "2024-03-29", "close": 9.95, "volume": 960893, "typical_volume": 1349057.75, "trend": 10.057667, "fair_value": 13.568822, "relative_strength": -11.631964, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -38.057807, "energy": 22.472658, "activity_lines": [ 9.59, 9.558909, 9.819429, 9.92686 ] }, { "date": "2024-04-05", "close": 9.39, "volume": 1073991, "typical_volume": 1354535.55, "trend": 10.024, "fair_value": 13.533049, "relative_strength": -17.624814, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -54.074888, "energy": 31.272072, "activity_lines": [ 9.514, 9.520727, 9.763905, 9.883785 ] }, { "date": "2024-04-12", "close": 8.85, "volume": 2242332, "typical_volume": 1399408.05, "trend": 9.970333, "fair_value": 13.495734, "relative_strength": -23.336334, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.326312, "energy": 41.326682, "activity_lines": [ 9.285333, 9.392909, 9.65981, 9.808043 ] }, { "date": "2024-04-19", "close": 9.02, "volume": 957972, "typical_volume": 1403181.3, "trend": 9.931, "fair_value": 13.464754, "relative_strength": -19.482758, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -60.775007, "energy": 43.075529, "activity_lines": [ 9.184667, 9.315636, 9.57719, 9.746731 ] }, { "date": "2024-04-26", "close": 8.91, "volume": 1105584, "typical_volume": 1411482.65, "trend": 9.871333, "fair_value": 13.434988, "relative_strength": -21.529334, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.405415, "energy": 59.016985, "activity_lines": [ 9.060667, 9.232182, 9.488333, 9.68086 ] }, { "date": "2024-05-03", "close": 9.07, "volume": 512870, "typical_volume": 1263778.2, "trend": 9.840333, "fair_value": 13.402538, "relative_strength": -20.05022, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -56.784135, "energy": 57.298492, "activity_lines": [ 9.009333, 9.185273, 9.419905, 9.629161 ] }, { "date": "2024-05-10", "close": 9.13, "volume": 843481, "typical_volume": 1189055.55, "trend": 9.811333, "fair_value": 13.38058, "relative_strength": -21.714822, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -55.877785, "energy": 44.187606, "activity_lines": [ 9.036667, 9.148364, 9.36181, 9.583333 ] }, { "date": "2024-05-17", "close": 9.3, "volume": 2568782, "typical_volume": 1212612.25, "trend": 9.789667, "fair_value": 13.359712, "relative_strength": -19.53814, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -51.337705, "energy": 31.590609, "activity_lines": [ 9.138, 9.154545, 9.326333, 9.550344 ] }, { "date": "2024-05-24", "close": 9.29, "volume": 696447, "typical_volume": 1204718.1, "trend": 9.762, "fair_value": 13.338013, "relative_strength": -19.269843, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -37.288579, "energy": 21.274457, "activity_lines": [ 9.206, 9.170182, 9.300667, 9.518108 ] }, { "date": "2024-05-31", "close": 10.46, "volume": 2229767, "typical_volume": 1288486.45, "trend": 9.763333, "fair_value": 13.315833, "relative_strength": -9.60523, "stage": 1, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": 10.508948, "energy": 15.728657, "activity_lines": [ 9.646, 9.397273, 9.394095, 9.56314 ] }, { "date": "2024-06-07", "close": 10.62, "volume": 1424147, "typical_volume": 1319070.35, "trend": 9.783333, "fair_value": 13.288526, "relative_strength": -6.321585, "stage": 1, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "mixed", "direction": 35.718931, "energy": 35.737679, "activity_lines": [ 10.036, 9.630545, 9.503905, 9.618409 ] }, { "date": "2024-06-14", "close": 10.7, "volume": 815393, "typical_volume": 1330251.05, "trend": 9.807, "fair_value": 13.263526, "relative_strength": -2.869912, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 36.118057, "energy": 57.844175, "activity_lines": [ 10.349333, 9.866182, 9.618, 9.677548 ] }, { "date": "2024-06-21", "close": 11.08, "volume": 1333194, "typical_volume": 1341719.15, "trend": 9.844333, "fair_value": 13.240962, "relative_strength": 0.173732, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 49.96189, "energy": 70.397564, "activity_lines": [ 10.684667, 10.147091, 9.764286, 9.759677 ] }, { "date": "2024-06-28", "close": 12.0, "volume": 8722771, "typical_volume": 1734985.0, "trend": 9.914, "fair_value": 13.224295, "relative_strength": 7.870386, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 61.158796, "energy": 80.342302, "activity_lines": [ 11.208, 10.554727, 9.992714, 9.898753 ] }, { "date": "2024-07-05", "close": 12.0, "volume": 2024119, "typical_volume": 1747256.15, "trend": 9.980667, "fair_value": 13.207885, "relative_strength": 8.54826, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 82.44181, "energy": 90.264734, "activity_lines": [ 11.550667, 10.908182, 10.210571, 10.033333 ] }, { "date": "2024-07-12", "close": 11.6, "volume": 499163, "typical_volume": 1709499.7, "trend": 10.032667, "fair_value": 13.188141, "relative_strength": 4.312714, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.586542, "energy": 86.823458, "activity_lines": [ 11.657333, 11.132727, 10.377571, 10.137806 ] }, { "date": "2024-07-19", "close": 11.18, "volume": 299990, "typical_volume": 1645585.6, "trend": 10.056, "fair_value": 13.166859, "relative_strength": 0.41183, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.243295, "energy": 78.235563, "activity_lines": [ 11.558667, 11.234909, 10.492286, 10.211828 ] }, { "date": "2024-07-26", "close": 11.5, "volume": 347420, "typical_volume": 1600726.25, "trend": 10.054, "fair_value": 13.145192, "relative_strength": 4.263672, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 61.676576, "energy": 54.104778, "activity_lines": [ 11.534667, 11.358, 10.630905, 10.304989 ] }, { "date": "2024-08-02", "close": 11.6, "volume": 804257, "typical_volume": 1525980.85, "trend": 10.077333, "fair_value": 13.12532, "relative_strength": 7.246106, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 61.646765, "energy": 47.441595, "activity_lines": [ 11.516, 11.459273, 10.771524, 10.404731 ] }, { "date": "2024-08-09", "close": 11.9, "volume": 1663549, "typical_volume": 1556306.1, "trend": 10.117333, "fair_value": 13.107372, "relative_strength": 9.679782, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.369288, "energy": 45.653903, "activity_lines": [ 11.624, 11.573091, 10.929381, 10.522323 ] }, { "date": "2024-08-16", "close": 11.96, "volume": 667955, "typical_volume": 1541659.2, "trend": 10.185333, "fair_value": 13.091987, "relative_strength": 7.956848, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.356823, "energy": 47.740979, "activity_lines": [ 11.758667, 11.671636, 11.080095, 10.641204 ] }, { "date": "2024-08-23", "close": 12.56, "volume": 1186078, "typical_volume": 1547263.55, "trend": 10.275333, "fair_value": 13.067756, "relative_strength": 13.854442, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 73.726836, "energy": 54.239064, "activity_lines": [ 12.069333, 11.854909, 11.278381, 10.794409 ] }, { "date": "2024-08-30", "close": 13.18, "volume": 1077659, "typical_volume": 1489029.9, "trend": 10.383667, "fair_value": 13.045449, "relative_strength": 18.778993, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 81.733558, "energy": 74.310378, "activity_lines": [ 12.494667, 12.117091, 11.520619, 10.981806 ] }, { "date": "2024-09-06", "close": 12.26, "volume": 1338367, "typical_volume": 1508049.65, "trend": 10.466333, "fair_value": 13.014679, "relative_strength": 14.571924, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.75692, "energy": 63.680722, "activity_lines": [ 12.501333, 12.173818, 11.654619, 11.10286 ] }, { "date": "2024-09-13", "close": 12.36, "volume": 633337, "typical_volume": 1484437.3, "trend": 10.567667, "fair_value": 12.980064, "relative_strength": 13.534561, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.218915, "energy": 51.425577, "activity_lines": [ 12.497333, 12.244, 11.782714, 11.225032 ] }, { "date": "2024-09-20", "close": 12.2, "volume": 916059, "typical_volume": 1504596.75, "trend": 10.673667, "fair_value": 12.943526, "relative_strength": 11.835251, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 57.105109, "energy": 43.36655, "activity_lines": [ 12.409333, 12.278545, 11.879143, 11.330344 ] }, { "date": "2024-09-27", "close": 12.02, "volume": 590225, "typical_volume": 1491933.95, "trend": 10.747667, "fair_value": 12.908397, "relative_strength": 10.154631, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 42.020721, "energy": 29.053092, "activity_lines": [ 12.245333, 12.269455, 11.943524, 11.417204 ] }, { "date": "2024-10-04", "close": 12.3, "volume": 310427, "typical_volume": 1379016.2, "trend": 10.827, "fair_value": 12.880192, "relative_strength": 9.280065, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 40.344438, "energy": 26.411263, "activity_lines": [ 12.210667, 12.296, 12.02081, 11.517355 ] }, { "date": "2024-10-11", "close": 11.8, "volume": 549354, "typical_volume": 1371661.55, "trend": 10.913, "fair_value": 12.846859, "relative_strength": 4.712727, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 34.842962, "energy": 19.272757, "activity_lines": [ 12.068, 12.217091, 12.03619, 11.580129 ] }, { "date": "2024-10-18", "close": 11.74, "volume": 420746, "typical_volume": 1281210.5, "trend": 10.997667, "fair_value": 12.808141, "relative_strength": 5.226979, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 31.367624, "energy": 16.957199, "activity_lines": [ 11.936, 12.123636, 12.033905, 11.633484 ] }, { "date": "2024-10-25", "close": 11.72, "volume": 255577, "typical_volume": 1222782.0, "trend": 11.056667, "fair_value": 12.774551, "relative_strength": 3.060882, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 28.733626, "energy": 15.702281, "activity_lines": [ 11.838667, 12.029455, 12.023619, 11.680086 ] }, { "date": "2024-11-01", "close": 12.38, "volume": 2698544, "typical_volume": 1316939.55, "trend": 11.156333, "fair_value": 12.744808, "relative_strength": 10.847511, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 29.664542, "energy": 14.37939, "activity_lines": [ 11.993333, 12.059636, 12.070952, 11.765462 ] }, { "date": "2024-11-08", "close": 11.9, "volume": 576541, "typical_volume": 1279106.9, "trend": 11.258, "fair_value": 12.712372, "relative_strength": 7.654676, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 21.303955, "energy": 10.085149, "activity_lines": [ 11.964, 12.005818, 12.064571, 11.813441 ] }, { "date": "2024-11-15", "close": 11.78, "volume": 672280, "typical_volume": 876582.35, "trend": 11.35, "fair_value": 12.684679, "relative_strength": 4.346023, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 16.431899, "energy": 7.691123, "activity_lines": [ 11.921333, 11.953455, 12.042857, 11.847118 ] }, { "date": "2024-11-22", "close": 11.08, "volume": 1219771, "typical_volume": 836364.95, "trend": 11.422333, "fair_value": 12.653141, "relative_strength": -3.428159, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -0.288664, "energy": 5.397241, "activity_lines": [ 11.646667, 11.782545, 11.955524, 11.829699 ] }, { "date": "2024-11-29", "close": 11.26, "volume": 3578539, "typical_volume": 990333.75, "trend": 11.495333, "fair_value": 12.625064, "relative_strength": -0.919593, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -15.866513, "energy": 19.827779, "activity_lines": [ 11.476, 11.667636, 11.889714, 11.819226 ] }, { "date": "2024-12-06", "close": 12.02, "volume": 2265900, "typical_volume": 1088629.25, "trend": 11.591667, "fair_value": 12.605064, "relative_strength": 5.958128, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -4.939991, "energy": 11.102005, "activity_lines": [ 11.589333, 11.708, 11.897905, 11.853075 ] }, { "date": "2024-12-13", "close": 12.0, "volume": 658100, "typical_volume": 1104163.25, "trend": 11.681667, "fair_value": 12.586987, "relative_strength": 5.908783, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 14.520958, "energy": 10.262535, "activity_lines": [ 11.72, 11.744727, 11.90019, 11.879419 ] }, { "date": "2024-12-20", "close": 12.12, "volume": 545050, "typical_volume": 1091202.9, "trend": 11.776, "fair_value": 12.558269, "relative_strength": 10.277432, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 31.784444, "energy": 14.175688, "activity_lines": [ 11.884, 11.808727, 11.911524, 11.907699 ] }, { "date": "2024-12-27", "close": 12.34, "volume": 252752, "typical_volume": 1020663.05, "trend": 11.838667, "fair_value": 12.534167, "relative_strength": 10.395104, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 31.085372, "energy": 20.100087, "activity_lines": [ 12.098667, 11.906909, 11.941333, 11.944086 ] }, { "date": "2025-01-03", "close": 12.48, "volume": 466300, "typical_volume": 1010580.3, "trend": 11.900667, "fair_value": 12.514167, "relative_strength": 8.72411, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 44.123025, "energy": 26.718454, "activity_lines": [ 12.276, 12.019636, 11.982381, 11.985462 ] }, { "date": "2025-01-10", "close": 12.06, "volume": 498671, "typical_volume": 976209.95, "trend": 11.946, "fair_value": 12.496218, "relative_strength": 3.857353, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 39.741152, "energy": 26.542204, "activity_lines": [ 12.232, 12.042182, 11.980952, 11.995742 ] }, { "date": "2025-01-17", "close": 12.0, "volume": 852135, "typical_volume": 964933.75, "trend": 11.976667, "fair_value": 12.479423, "relative_strength": 2.314921, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 18.883099, "energy": 16.740001, "activity_lines": [ 12.165333, 12.059636, 11.97619, 11.999226 ] }, { "date": "2025-01-24", "close": 11.8, "volume": 1486427, "typical_volume": 972336.75, "trend": 11.97, "fair_value": 12.464167, "relative_strength": 0.839937, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 0.557293, "energy": 1.774055, "activity_lines": [ 12.032, 12.038909, 11.958, 11.987828 ] }, { "date": "2025-01-31", "close": 12.2, "volume": 2257580, "typical_volume": 1053548.9, "trend": 11.976667, "fair_value": 12.44391, "relative_strength": 2.38692, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 24.112117, "energy": 10.361041, "activity_lines": [ 12.053333, 12.090545, 11.980095, 12.002667 ] }, { "date": "2025-02-07", "close": 12.04, "volume": 699289, "typical_volume": 1042710.4, "trend": 11.991333, "fair_value": 12.428782, "relative_strength": 3.05353, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 2.01742, "energy": 2.648571, "activity_lines": [ 12.030667, 12.092727, 11.987714, 12.006753 ] }, { "date": "2025-02-14", "close": 11.76, "volume": 861452, "typical_volume": 1056271.75, "trend": 12.010667, "fair_value": 12.414423, "relative_strength": 0.317574, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -15.651965, "energy": 8.262323, "activity_lines": [ 11.944, 12.029818, 11.969429, 11.991828 ] }, { "date": "2025-02-21", "close": 11.74, "volume": 975143, "typical_volume": 1089507.55, "trend": 12.018667, "fair_value": 12.399038, "relative_strength": -0.819281, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -34.508656, "energy": 16.050376, "activity_lines": [ 11.870667, 11.968, 11.950476, 11.974366 ] }, { "date": "2025-02-28", "close": 11.94, "volume": 4215167, "typical_volume": 1272798.2, "trend": 12.03, "fair_value": 12.383269, "relative_strength": 1.505817, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -40.943852, "energy": 18.050208, "activity_lines": [ 11.881333, 11.947273, 11.953238, 11.96929 ] }, { "date": "2025-03-07", "close": 11.06, "volume": 611533, "typical_volume": 1282337.55, "trend": 12.002, "fair_value": 12.345577, "relative_strength": -5.977788, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -60.053533, "energy": 42.070926, "activity_lines": [ 11.589333, 11.769818, 11.871524, 11.90671 ] }, { "date": "2025-03-14", "close": 10.58, "volume": 1906671, "typical_volume": 1364892.25, "trend": 11.956, "fair_value": 12.300064, "relative_strength": -10.850045, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -69.993845, "energy": 59.688388, "activity_lines": [ 11.213333, 11.528364, 11.747333, 11.814968 ] }, { "date": "2025-03-21", "close": 11.02, "volume": 1324619, "typical_volume": 1296196.0, "trend": 11.904667, "fair_value": 12.254936, "relative_strength": -8.994735, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -59.381425, "energy": 59.196255, "activity_lines": [ 11.081333, 11.401455, 11.670476, 11.754581 ] }, { "date": "2025-03-28", "close": 11.6, "volume": 598094, "typical_volume": 1297273.65, "trend": 11.852, "fair_value": 12.216346, "relative_strength": -2.956371, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -54.563293, "energy": 52.797166, "activity_lines": [ 11.192, 11.398909, 11.655333, 11.734925 ] }, { "date": "2025-04-04", "close": 11.5, "volume": 541531, "typical_volume": 1290736.2, "trend": 11.826667, "fair_value": 12.175833, "relative_strength": 4.001483, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -50.532349, "energy": 35.721251, "activity_lines": [ 11.278667, 11.385455, 11.632095, 11.712215 ] }, { "date": "2025-04-11", "close": 11.46, "volume": 490316, "typical_volume": 1254263.45, "trend": 11.796667, "fair_value": 12.137756, "relative_strength": 2.358612, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -36.935212, "energy": 17.929244, "activity_lines": [ 11.381333, 11.370182, 11.606381, 11.688559 ] }, { "date": "2025-04-18", "close": 12.0, "volume": 249737, "typical_volume": 1087823.35, "trend": 11.79, "fair_value": 12.102628, "relative_strength": 3.848348, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -21.154347, "energy": 13.64852, "activity_lines": [ 11.637333, 11.466545, 11.630286, 11.701677 ] }, { "date": "2025-04-25", "close": 12.48, "volume": 375129, "typical_volume": 993284.8, "trend": 11.805333, "fair_value": 12.074936, "relative_strength": 6.811437, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 10.95855, "energy": 15.302033, "activity_lines": [ 11.958667, 11.650909, 11.696381, 11.746194 ] }, { "date": "2025-05-02", "close": 12.4, "volume": 306046, "typical_volume": 975682.1, "trend": 11.808667, "fair_value": 12.046218, "relative_strength": 1.96123, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 20.404149, "energy": 22.88586, "activity_lines": [ 12.156, 11.807636, 11.752667, 11.784559 ] }, { "date": "2025-05-09", "close": 12.44, "volume": 151826, "typical_volume": 956020.9, "trend": 11.83, "fair_value": 12.021603, "relative_strength": 2.170181, "stage": 2, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 22.470292, "energy": 38.314232, "activity_lines": [ 12.313333, 11.959636, 11.810857, 11.82529 ] }, { "date": "2025-05-16", "close": 12.08, "volume": 132142, "typical_volume": 949990.4, "trend": 11.841333, "fair_value": 11.9875, "relative_strength": -4.862359, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 27.425854, "energy": 39.896695, "activity_lines": [ 12.288, 12.037091, 11.833238, 11.841419 ] }, { "date": "2025-05-23", "close": 12.1, "volume": 86281, "typical_volume": 930989.45, "trend": 11.854, "fair_value": 11.9525, "relative_strength": -4.019413, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 52.615932, "energy": 38.666446, "activity_lines": [ 12.228, 12.099636, 11.858762, 11.858108 ] }, { "date": "2025-05-30", "close": 12.34, "volume": 327054, "typical_volume": 922408.6, "trend": 11.852667, "fair_value": 11.919808, "relative_strength": -3.01102, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 55.133261, "energy": 32.116289, "activity_lines": [ 12.241333, 12.178182, 11.908952, 11.889462 ] }, { "date": "2025-06-06", "close": 11.44, "volume": 731443, "typical_volume": 916374.0, "trend": 11.837333, "fair_value": 11.881603, "relative_strength": -11.339171, "stage": 3, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 19.525403, "energy": 10.765676, "activity_lines": [ 11.964, 12.069091, 11.872095, 11.862839 ] }, { "date": "2025-06-13", "close": 11.38, "volume": 1190251, "typical_volume": 901565.2, "trend": 11.824, "fair_value": 11.851603, "relative_strength": -13.980105, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -14.353579, "energy": 14.51023, "activity_lines": [ 11.730667, 11.952, 11.83219, 11.833333 ] }, { "date": "2025-06-20", "close": 11.8, "volume": 139896, "typical_volume": 795681.0, "trend": 11.848, "fair_value": 11.831731, "relative_strength": -11.553798, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -5.623093, "energy": 12.26303, "activity_lines": [ 11.708, 11.913455, 11.834286, 11.831785 ] }, { "date": "2025-06-27", "close": 12.36, "volume": 522996, "typical_volume": 786866.35, "trend": 11.884667, "fair_value": 11.813141, "relative_strength": -5.106591, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 10.791504, "energy": 11.341718, "activity_lines": [ 11.890667, 11.970545, 11.891619, 11.864817 ] }, { "date": "2025-07-04", "close": 12.72, "volume": 450947, "typical_volume": 766341.1, "trend": 11.908, "fair_value": 11.79391, "relative_strength": -3.636262, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 60.345913, "energy": 32.005456, "activity_lines": [ 12.176, 12.086545, 11.981714, 11.91871 ] }, { "date": "2025-07-11", "close": 12.76, "volume": 273988, "typical_volume": 731283.35, "trend": 11.933333, "fair_value": 11.773397, "relative_strength": -2.995163, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 62.839975, "energy": 57.076848, "activity_lines": [ 12.449333, 12.205455, 12.071048, 11.973677 ] }, { "date": "2025-07-18", "close": 13.4, "volume": 738288, "typical_volume": 557439.4, "trend": 11.976, "fair_value": 11.750192, "relative_strength": 2.382719, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 77.57661, "energy": 76.268945, "activity_lines": [ 12.848, 12.434182, 12.216476, 12.068301 ] }, { "date": "2025-07-25", "close": 13.8, "volume": 840289, "typical_volume": 568877.2, "trend": 12.024667, "fair_value": 11.724551, "relative_strength": 5.462577, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 83.188772, "energy": 85.072129, "activity_lines": [ 13.245333, 12.718182, 12.393048, 12.185978 ] }, { "date": "2025-08-01", "close": 13.4, "volume": 1023392, "typical_volume": 524713.25, "trend": 12.055333, "fair_value": 11.695449, "relative_strength": 2.958501, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.911709, "energy": 80.217809, "activity_lines": [ 13.376, 12.898182, 12.518476, 12.27471 ] }, { "date": "2025-08-08", "close": 13.44, "volume": 326009, "typical_volume": 474782.75, "trend": 12.101333, "fair_value": 11.66391, "relative_strength": 2.19948, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.685979, "energy": 78.487692, "activity_lines": [ 13.450667, 13.061818, 12.634286, 12.364043 ] }, { "date": "2025-08-15", "close": 13.4, "volume": 187165, "typical_volume": 454236.3, "trend": 12.148, "fair_value": 11.634679, "relative_strength": 1.199209, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 63.261476, "energy": 68.35231, "activity_lines": [ 13.464, 13.198182, 12.734762, 12.447828 ] }, { "date": "2025-08-22", "close": 13.6, "volume": 653356, "typical_volume": 459827.55, "trend": 12.208, "fair_value": 11.600064, "relative_strength": 0.98681, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.241361, "energy": 51.987172, "activity_lines": [ 13.501333, 13.335273, 12.845714, 12.541505 ] }, { "date": "2025-08-29", "close": 13.72, "volume": 908166, "typical_volume": 480720.05, "trend": 12.258667, "fair_value": 11.564295, "relative_strength": 3.190495, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.535357, "energy": 50.754991, "activity_lines": [ 13.565333, 13.453818, 12.958095, 12.639054 ] }, { "date": "2025-09-05", "close": 13.76, "volume": 520085, "typical_volume": 494237.45, "trend": 12.316, "fair_value": 11.530064, "relative_strength": 4.897589, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.583037, "energy": 51.268333, "activity_lines": [ 13.648, 13.544727, 13.063524, 12.735914 ] }, { "date": "2025-09-12", "close": 13.7, "volume": 371962, "typical_volume": 494079.1, "trend": 12.380667, "fair_value": 11.500577, "relative_strength": 2.749114, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.110136, "energy": 48.142116, "activity_lines": [ 13.686667, 13.599273, 13.154857, 12.825204 ] }, { "date": "2025-09-19", "close": 13.6, "volume": 626089, "typical_volume": 510081.25, "trend": 12.442667, "fair_value": 11.489167, "relative_strength": 2.654077, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 58.698392, "energy": 43.325822, "activity_lines": [ 13.674667, 13.617818, 13.230857, 12.903871 ] }, { "date": "2025-09-26", "close": 13.82, "volume": 711520, "typical_volume": 538065.95, "trend": 12.505333, "fair_value": 11.503526, "relative_strength": 3.318576, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.499155, "energy": 44.649024, "activity_lines": [ 13.722667, 13.661091, 13.322095, 12.992731 ] }, { "date": "2025-10-03", "close": 13.62, "volume": 406411, "typical_volume": 551779.4, "trend": 12.590667, "fair_value": 11.51391, "relative_strength": 2.617961, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 56.477487, "energy": 38.689522, "activity_lines": [ 13.689333, 13.660364, 13.387714, 13.064645 ] }, { "date": "2025-10-10", "close": 13.6, "volume": 317795, "typical_volume": 563355.1, "trend": 12.691333, "fair_value": 11.521603, "relative_strength": 2.420053, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 43.852672, "energy": 30.606001, "activity_lines": [ 13.656, 13.659273, 13.444095, 13.129763 ] }, { "date": "2025-10-17", "close": 12.74, "volume": 909290, "typical_volume": 592466.9, "trend": 12.748667, "fair_value": 11.523141, "relative_strength": -2.340945, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 18.904669, "energy": 11.807761, "activity_lines": [ 13.346667, 13.498182, 13.411429, 13.132903 ] }, { "date": "2025-10-24", "close": 12.7, "volume": 1377071, "typical_volume": 624748.3, "trend": 12.785333, "fair_value": 11.5225, "relative_strength": -3.745164, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -0.91613, "energy": 12.049801, "activity_lines": [ 13.088, 13.342545, 13.373048, 13.129763 ] }, { "date": "2025-10-31", "close": 13.14, "volume": 1126863, "typical_volume": 621578.9, "trend": 12.84, "fair_value": 11.521474, "relative_strength": 1.625094, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 9.665964, "energy": 16.723833, "activity_lines": [ 13.036, 13.279636, 13.370571, 13.152645 ] }, { "date": "2025-11-07", "close": 12.66, "volume": 885441, "typical_volume": 658856.15, "trend": 12.88, "fair_value": 11.514295, "relative_strength": -1.201519, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -21.092739, "energy": 24.680397, "activity_lines": [ 12.869333, 13.137818, 13.314, 13.141032 ] }, { "date": "2025-11-14", "close": 12.5, "volume": 747334, "typical_volume": 670073.05, "trend": 12.896667, "fair_value": 11.507628, "relative_strength": -3.295905, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -23.941542, "energy": 30.330001, "activity_lines": [ 12.713333, 12.986182, 13.238095, 13.116516 ] }, { "date": "2025-11-21", "close": 12.52, "volume": 1172927, "typical_volume": 706172.05, "trend": 12.898, "fair_value": 11.500192, "relative_strength": -1.323522, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -22.107715, "energy": 31.649596, "activity_lines": [ 12.637333, 12.861091, 13.163429, 13.092215 ] }, { "date": "2025-11-28", "close": 13.64, "volume": 4324745, "typical_volume": 908709.9, "trend": 12.939333, "fair_value": 11.500449, "relative_strength": 5.58213, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "up", "direction": 18.807729, "energy": 13.864441, "activity_lines": [ 12.949333, 12.961091, 13.196381, 13.140086 ] }, { "date": "2025-12-05", "close": 12.56, "volume": 1951267, "typical_volume": 969358.85, "trend": 12.943333, "fair_value": 11.494167, "relative_strength": -3.996842, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -17.676851, "energy": 12.85543, "activity_lines": [ 12.838667, 12.864, 13.122286, 13.115613 ] }, { "date": "2025-12-12", "close": 12.56, "volume": 981701, "typical_volume": 976429.45, "trend": 12.959333, "fair_value": 11.489679, "relative_strength": -4.452311, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -26.630232, "energy": 15.359916, "activity_lines": [ 12.766667, 12.789818, 13.05219, 13.090882 ] }, { "date": "2025-12-19", "close": 12.76, "volume": 1074109, "typical_volume": 978965.3, "trend": 12.981333, "fair_value": 11.493269, "relative_strength": -3.720221, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -20.289802, "energy": 11.224432, "activity_lines": [ 12.768, 12.771273, 13.007048, 13.078022 ] }, { "date": "2025-12-26", "close": 12.98, "volume": 876686, "typical_volume": 1006499.15, "trend": 13.002667, "fair_value": 11.496987, "relative_strength": -2.229608, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -10.456372, "energy": 12.27561, "activity_lines": [ 12.825333, 12.808, 12.985905, 13.077935 ] }, { "date": "2026-01-02", "close": 12.88, "volume": 680558, "typical_volume": 1031168.8, "trend": 13.050667, "fair_value": 11.5025, "relative_strength": -4.505676, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -16.548845, "energy": 10.533871, "activity_lines": [ 12.818667, 12.822182, 12.957429, 13.070022 ] }, { "date": "2026-01-09", "close": 12.62, "volume": 507803, "typical_volume": 1023891.15, "trend": 13.092, "fair_value": 11.506474, "relative_strength": -6.283641, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -49.730703, "energy": 21.435931, "activity_lines": [ 12.776, 12.785818, 12.906667, 13.042237 ] }, { "date": "2026-01-16", "close": 12.64, "volume": 441347, "typical_volume": 1000550.2, "trend": 13.12, "fair_value": 11.510577, "relative_strength": -8.83551, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -49.265619, "energy": 22.495175, "activity_lines": [ 12.736, 12.762545, 12.862476, 13.013075 ] }, { "date": "2026-01-23", "close": 12.2, "volume": 900879, "typical_volume": 1019589.9, "trend": 13.114667, "fair_value": 11.511859, "relative_strength": -10.927993, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -60.132723, "energy": 40.578534, "activity_lines": [ 12.544, 12.659636, 12.781524, 12.95372 ] }, { "date": "2026-01-30", "close": 12.38, "volume": 1388777, "typical_volume": 1070430.65, "trend": 13.103333, "fair_value": 11.514936, "relative_strength": -10.779121, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -54.67136, "energy": 46.24884, "activity_lines": [ 12.449333, 12.594909, 12.725143, 12.906323 ] }, { "date": "2026-02-06", "close": 12.04, "volume": 470522, "typical_volume": 1062652.3, "trend": 13.079333, "fair_value": 11.50891, "relative_strength": -14.886097, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.111997, "energy": 58.460571, "activity_lines": [ 12.281333, 12.470909, 12.642667, 12.83772 ] }, { "date": "2026-02-13", "close": 11.94, "volume": 560024, "typical_volume": 1055077.5, "trend": 13.030667, "fair_value": 11.510705, "relative_strength": -16.337002, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.754766, "energy": 62.721859, "activity_lines": [ 12.136, 12.357818, 12.558095, 12.764215 ] }, { "date": "2026-02-20", "close": 12.02, "volume": 1010389, "typical_volume": 1085276.4, "trend": 12.971333, "fair_value": 11.517885, "relative_strength": -18.222157, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.624185, "energy": 58.374592, "activity_lines": [ 12.062667, 12.270545, 12.490095, 12.699011 ] }, { "date": "2026-02-27", "close": 12.3, "volume": 949020, "typical_volume": 1116837.65, "trend": 12.934667, "fair_value": 11.524167, "relative_strength": -16.353882, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -57.934667, "energy": 50.178638, "activity_lines": [ 12.124, 12.244, 12.456381, 12.655699 ] }, { "date": "2026-03-06", "close": 13.06, "volume": 1144892, "typical_volume": 1128617.75, "trend": 12.922, "fair_value": 11.540962, "relative_strength": -11.629353, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -23.573576, "energy": 15.68087, "activity_lines": [ 12.432, 12.364, 12.501238, 12.663785 ] }, { "date": "2026-03-13", "close": 13.1, "volume": 2386211, "typical_volume": 1179074.75, "trend": 12.912, "fair_value": 11.557628, "relative_strength": -13.196801, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -12.068582, "energy": 13.900447, "activity_lines": [ 12.708, 12.489818, 12.548381, 12.675269 ] }, { "date": "2026-03-20", "close": 13.1, "volume": 1485276, "typical_volume": 1196995.4, "trend": 12.895333, "fair_value": 11.576603, "relative_strength": -13.992869, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "mixed", "direction": 18.418162, "energy": 24.664431, "activity_lines": [ 12.913333, 12.611636, 12.593619, 12.687398 ] }, { "date": "2026-03-27", "close": 13.0, "volume": 393099, "typical_volume": 1172378.3, "trend": 12.871333, "fair_value": 11.586987, "relative_strength": -15.065814, "stage": 3, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 15.410226, "energy": 26.225273, "activity_lines": [ 13.008, 12.706545, 12.629524, 12.694151 ] }, { "date": "2026-04-03", "close": 13.18, "volume": 1172943, "typical_volume": 1193658.75, "trend": 12.852, "fair_value": 11.600962, "relative_strength": -16.510521, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 22.277223, "energy": 35.418837, "activity_lines": [ 13.097333, 12.827636, 12.680952, 12.714065 ] }, { "date": "2026-04-10", "close": 13.14, "volume": 445400, "typical_volume": 1157282.4, "trend": 12.833333, "fair_value": 11.615962, "relative_strength": -16.020087, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 20.2125, "energy": 33.657388, "activity_lines": [ 13.114667, 12.923636, 12.725333, 12.732645 ] }, { "date": "2026-04-17", "close": 12.96, "volume": 194789, "typical_volume": 950784.6, "trend": 12.812, "fair_value": 11.632372, "relative_strength": -13.633824, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 25.009608, "energy": 21.05614, "activity_lines": [ 13.066667, 12.973091, 12.749619, 12.740817 ] }, { "date": "2026-04-24", "close": 13.0, "volume": 162024, "typical_volume": 861322.45, "trend": 12.784667, "fair_value": 11.648141, "relative_strength": -14.048291, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 22.727558, "energy": 18.20221, "activity_lines": [ 13.041333, 13.013091, 12.780952, 12.752946 ] }, { "date": "2026-05-01", "close": 13.14, "volume": 587989, "typical_volume": 841636.85, "trend": 12.768667, "fair_value": 11.665321, "relative_strength": -13.799096, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 51.609223, "energy": 26.71667, "activity_lines": [ 13.069333, 13.059273, 12.823524, 12.775871 ] }, { "date": "2026-05-08", "close": 12.82, "volume": 352468, "typical_volume": 805554.8, "trend": 12.742667, "fair_value": 11.676218, "relative_strength": -13.447217, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 37.038313, "energy": 17.853136, "activity_lines": [ 12.981333, 13.026909, 12.832857, 12.779183 ] }, { "date": "2026-05-15", "close": 13.04, "volume": 884309, "typical_volume": 805935.95, "trend": 12.752667, "fair_value": 11.683654, "relative_strength": -13.760781, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 37.317421, "energy": 18.010971, "activity_lines": [ 12.990667, 13.025091, 12.862857, 12.798366 ] }, { "date": "2026-05-22", "close": 12.5, "volume": 705488, "typical_volume": 807182.45, "trend": 12.746, "fair_value": 11.682115, "relative_strength": -18.01386, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 18.726726, "energy": 11.021403, "activity_lines": [ 12.826667, 12.925455, 12.841143, 12.782065 ] }, { "date": "2026-05-29", "close": 12.62, "volume": 571240, "typical_volume": 810354.3, "trend": 12.728667, "fair_value": 11.684936, "relative_strength": -15.090097, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 19.057183, "energy": 15.084689, "activity_lines": [ 12.733333, 12.858545, 12.832667, 12.773935 ] }, { "date": "2026-06-05", "close": 12.6, "volume": 201564, "typical_volume": 798365.15, "trend": 12.726667, "fair_value": 11.679038, "relative_strength": -15.173664, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -10.400287, "energy": 14.713823, "activity_lines": [ 12.658667, 12.796727, 12.822286, 12.765634 ] }, { "date": "2026-06-12", "close": 11.4, "volume": 55259, "typical_volume": 756084.15, "trend": 12.69, "fair_value": 11.670449, "relative_strength": -22.661034, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -54.914621, "energy": 59.745697, "activity_lines": [ 12.22, 12.524, 12.69781, 12.680043 ] }, { "date": "2026-06-19", "close": 11.02, "volume": 40276, "typical_volume": 688659.1, "trend": 12.64, "fair_value": 11.65891, "relative_strength": -23.216731, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -86.594133, "energy": 83.658564, "activity_lines": [ 11.749333, 12.214545, 12.540952, 12.572301 ] }, { "date": "2026-06-26", "close": 11.9, "volume": 619330, "typical_volume": 696099.5, "trend": 12.582, "fair_value": 11.653269, "relative_strength": -14.591581, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.146266, "energy": 73.768379, "activity_lines": [ 11.706667, 12.103636, 12.474381, 12.524559 ] }, { "date": "2026-07-03", "close": 12.8, "volume": 641351, "typical_volume": 700165.85, "trend": 12.59, "fair_value": 11.658526, "relative_strength": -9.895247, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -48.355716, "energy": 55.217251, "activity_lines": [ 12.004, 12.175636, 12.49419, 12.538624 ] }, { "date": "2026-07-10", "close": 12.64, "volume": 245620, "typical_volume": 661927.4, "trend": 12.592667, "fair_value": 11.661603, "relative_strength": -10.182714, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -35.267414, "energy": 23.580326, "activity_lines": [ 12.236, 12.222182, 12.494667, 12.541849 ] }, { "date": "2026-07-17", "close": 13.0, "volume": 335055, "typical_volume": 631229.15, "trend": 12.600667, "fair_value": 11.668782, "relative_strength": -8.402706, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -9.571608, "energy": 16.284058, "activity_lines": [ 12.585333, 12.343273, 12.526476, 12.568129 ] }, { "date": "2026-07-24", "close": 12.84, "volume": 409581, "typical_volume": 594463.6, "trend": 12.596, "fair_value": 11.677372, "relative_strength": -11.287043, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "mixed", "direction": 5.156351, "energy": 20.364404, "activity_lines": [ 12.774667, 12.432, 12.539714, 12.58357 ] }, { "date": "2026-07-31", "close": 13.04, "volume": 505470, "typical_volume": 500426.55, "trend": 12.601333, "fair_value": 11.689679, "relative_strength": -9.923287, "stage": 3, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 21.088529, "energy": 25.254844, "activity_lines": [ 12.909333, 12.560727, 12.573048, 12.612215 ] }, { "date": "2026-08-07", "close": 12.98, "volume": 375845, "typical_volume": 444955.0, "trend": 12.613333, "fair_value": 11.705577, "relative_strength": -10.236459, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 28.735329, "energy": 27.038862, "activity_lines": [ 12.948, 12.668727, 12.600952, 12.636645 ] } ], "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." } } }