{ "ticker": { "uuid": "ae15959b-8037-42c6-b30b-cdee56191add", "symbol": "ALQ", "name": "Alquiber Quality, S.A.", "exchange": "MCE", "country": "ES", "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": "^IBEX", "stage": 2, "stage_name": "Advancing", "phase": "2b", "phase_label": "Stage 2B \u00b7 Advancing", "transition": "stage_2_healthy", "transition_label": "Stage 2 trend intact", "confidence": 96.0, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Established expansion", "architecture_gate": "up", "architecture_direction": 67.257, "architecture_energy": 87.103, "architecture_maturity": 69.759, "architecture_confidence": 92.897, "architecture_tenure": "Established", "architecture": { "interpretation": { "headline": "The weekly architecture is expanding upward.", "body": "Trend and Activity show sustained positive alignment with constructive price acceptance. Directional energy remains positive; cooling within this regime can indicate that it is maturing." }, "scores": { "balance": 7.9, "rotation_up": 56.95, "upward_expansion": 94.69, "deceleration": 44.96, "rotation_down": 29.73, "downward_expansion": 21.36 }, "activity_lines": [ 17.026666, 16.838182, 15.973333, 15.14043 ], "activity_state": "Wide", "activity_direction": "Expanding", "rotation_direction": "Weakening", "price_acceptance": 0.666667 }, "latest_close": 16.799999, "trend_reference": 14.183333, "distance_from_trend": 0.184489, "trend_direction": "Improving", "fair_value": 11.279333, "distance_from_fair_value": 0.48945, "fair_value_direction": "Improving", "relative_strength": 6.93641, "relative_strength_direction": "Improving", "price_momentum": 0.302326, "excess_performance": 0.177895, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.184489, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.106632, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.48945, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.103643, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.069364, "read": "Leading" }, { "label": "Relative strength direction", "positive": true, "value": 0.016965, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.302326, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 1.822239, "read": "Demand-led" } ], "volume": { "latest": 849, "relative_activity": 0.206579, "balance": 1.822239, "dry_up": 0.624544, "accumulation_observations": 1, "distribution_observations": 1 }, "risk": { "range_context": 0.019689, "annualized_volatility": 0.194354, "from_high_reference": -0.028902, "from_low_reference": 0.4 }, "levels": { "trend_reference": 14.183333, "fair_value_reference": 11.279333, "structural_low": 12.0, "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 34, "median_return": 0.008336, "positive_rate": 0.588235, "directional_follow_through": 0.588235, "median_excess_return": 0.021376, "regime_survival": 0.823529, "best_return": 0.225806, "worst_return": -0.12, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 12, "median_return": 0.076867, "positive_rate": 0.916667, "directional_follow_through": 0.916667, "median_excess_return": 0.090591, "regime_survival": 0.75, "best_return": 0.284553, "worst_return": -0.023622, "sufficient": true }, { "horizon": "Extended", "sample_count": 6, "median_return": 0.120922, "positive_rate": 0.833333, "directional_follow_through": 0.833333, "median_excess_return": 0.027587, "regime_survival": 0.5, "best_return": 0.390888, "worst_return": -0.03937, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 3, "median_return": 0.342593, "positive_rate": 1.0, "directional_follow_through": 1.0, "median_excess_return": 0.23617, "regime_survival": 0.0, "best_return": 0.443866, "worst_return": 0.059532, "sufficient": false } ], "ledger": [ { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2024-10-04", "end": "2024-10-11", "tenure": "New", "return": 0.0, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2024-10-18", "end": "2024-12-27", "tenure": "Developing", "return": 0.071038, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-01-03", "end": "2025-02-21", "tenure": "Developing", "return": 0.115578, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-02-28", "end": "2025-04-25", "tenure": "Developing", "return": -0.067797, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-05-02", "end": "2025-05-23", "tenure": "New", "return": 0.081818, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-05-30", "end": "2025-10-10", "tenure": "Established", "return": 0.058671, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-10-17", "end": "2025-12-12", "tenure": "Developing", "return": -0.016, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-12-19", "end": "2025-12-26", "tenure": "New", "return": 0.016129, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-01-02", "end": "2026-01-23", "tenure": "New", "return": 0.015873, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-01-30", "end": "2026-02-13", "tenure": "New", "return": -0.039062, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-02-20", "end": "2026-02-27", "tenure": "New", "return": -0.00813, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-03-06", "end": "2026-04-17", "tenure": "Developing", "return": 0.024194, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-04-24", "end": "2026-04-24", "tenure": "New", "return": 0.0, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-05-01", "end": "2026-08-07", "tenure": "Established", "return": 0.217391, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 8.399018, "volume": 8115, "typical_volume": 5613.2, "trend": 7.456557, "fair_value": 5.744209, "relative_strength": 8.175672, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.414003, "energy": 64.070113, "activity_lines": [ 8.411672, 8.387801, 8.104491, 7.825397 ] }, { "date": "2023-08-25", "close": 8.446469, "volume": 9580, "typical_volume": 5984.85, "trend": 7.516827, "fair_value": 5.766364, "relative_strength": 7.9672, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.015857, "energy": 63.83314, "activity_lines": [ 8.421162, 8.406782, 8.165694, 7.889262 ] }, { "date": "2023-09-01", "close": 8.399018, "volume": 500, "typical_volume": 5894.95, "trend": 7.57704, "fair_value": 5.788509, "relative_strength": 6.328405, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.482969, "energy": 62.186057, "activity_lines": [ 8.414835, 8.411096, 8.216166, 7.946178 ] }, { "date": "2023-09-08", "close": 8.446469, "volume": 4725, "typical_volume": 5987.35, "trend": 7.638836, "fair_value": 5.810077, "relative_strength": 8.094395, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 69.314008, "energy": 81.45057, "activity_lines": [ 8.424325, 8.421449, 8.264736, 8.00227 ] }, { "date": "2023-09-15", "close": 8.493921, "volume": 4261, "typical_volume": 5043.65, "trend": 7.697635, "fair_value": 5.832243, "relative_strength": 6.663425, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 75.429597, "energy": 88.750937, "activity_lines": [ 8.449633, 8.436979, 8.311612, 8.057437 ] }, { "date": "2023-09-22", "close": 8.541373, "volume": 6679, "typical_volume": 5308.05, "trend": 7.759542, "fair_value": 5.855007, "relative_strength": 7.994755, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 79.355802, "energy": 90.222004, "activity_lines": [ 8.484431, 8.45596, 8.356571, 8.111871 ] }, { "date": "2023-09-29", "close": 8.778634, "volume": 5612, "typical_volume": 5471.7, "trend": 7.829357, "fair_value": 5.878998, "relative_strength": 11.99723, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 95.045002, "energy": 96.206342, "activity_lines": [ 8.588825, 8.517216, 8.417243, 8.177619 ] }, { "date": "2023-10-06", "close": 9.58532, "volume": 5989, "typical_volume": 5663.55, "trend": 7.924536, "fair_value": 5.90816, "relative_strength": 24.752228, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 98.269998, "energy": 79.000102, "activity_lines": [ 8.939971, 8.719103, 8.546296, 8.290907 ] }, { "date": "2023-10-13", "close": 9.300607, "volume": 3501, "typical_volume": 5785.9, "trend": 8.007173, "fair_value": 5.935497, "relative_strength": 21.007773, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 91.29819, "energy": 92.297046, "activity_lines": [ 9.117126, 8.847655, 8.63638, 8.379686 ] }, { "date": "2023-10-20", "close": 9.158251, "volume": 2100, "typical_volume": 5092.45, "trend": 8.075908, "fair_value": 5.962215, "relative_strength": 21.688677, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.618879, "energy": 85.8263, "activity_lines": [ 9.189886, 8.934795, 8.702409, 8.453949 ] }, { "date": "2023-10-27", "close": 9.490415, "volume": 15791, "typical_volume": 5507.55, "trend": 8.157241, "fair_value": 5.991063, "relative_strength": 27.227393, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 86.39375, "energy": 84.285515, "activity_lines": [ 9.329078, 9.068523, 8.79287, 8.545207 ] }, { "date": "2023-11-03", "close": 9.39551, "volume": 2519, "typical_volume": 5222.6, "trend": 8.232358, "fair_value": 6.019302, "relative_strength": 20.523206, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 71.189696, "energy": 73.799859, "activity_lines": [ 9.373366, 9.165153, 8.868341, 8.625096 ] }, { "date": "2023-11-10", "close": 9.39551, "volume": 3171, "typical_volume": 4761.65, "trend": 8.310528, "fair_value": 6.048128, "relative_strength": 19.090764, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 70.307505, "energy": 68.484338, "activity_lines": [ 9.37653, 9.244527, 8.937711, 8.700138 ] }, { "date": "2023-11-17", "close": 9.870031, "volume": 8005, "typical_volume": 4517.35, "trend": 8.401462, "fair_value": 6.079995, "relative_strength": 19.564624, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 91.990902, "energy": 76.161887, "activity_lines": [ 9.55052, 9.39206, 9.046851, 8.800751 ] }, { "date": "2023-11-24", "close": 9.964935, "volume": 2114, "typical_volume": 4499.2, "trend": 8.495561, "fair_value": 6.112471, "relative_strength": 18.143375, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 88.559692, "energy": 75.060043, "activity_lines": [ 9.718184, 9.530965, 9.157346, 8.90162 ] }, { "date": "2023-12-01", "close": 9.964935, "volume": 760, "typical_volume": 4315.1, "trend": 8.591185, "fair_value": 6.145241, "relative_strength": 15.422038, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 81.645239, "energy": 72.758848, "activity_lines": [ 9.832069, 9.643124, 9.259481, 8.996419 ] }, { "date": "2023-12-08", "close": 9.964935, "volume": 0, "typical_volume": 4252.9, "trend": 8.689861, "fair_value": 6.179184, "relative_strength": 14.140877, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 74.582118, "energy": 72.774518, "activity_lines": [ 9.914319, 9.7294, 9.354611, 9.085048 ] }, { "date": "2023-12-15", "close": 9.964935, "volume": 0, "typical_volume": 4252.55, "trend": 8.785486, "fair_value": 6.213128, "relative_strength": 15.221107, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 70.086779, "energy": 71.887017, "activity_lines": [ 9.958608, 9.794108, 9.442511, 9.16731 ] }, { "date": "2023-12-22", "close": 9.964935, "volume": 0, "typical_volume": 4196.1, "trend": 8.88111, "fair_value": 6.24801, "relative_strength": 14.664918, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.830526, "energy": 67.143581, "activity_lines": [ 9.964935, 9.851913, 9.522953, 9.243404 ] }, { "date": "2023-12-29", "close": 9.964935, "volume": 0, "typical_volume": 4171.1, "trend": 8.958421, "fair_value": 6.283128, "relative_strength": 14.387346, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.141266, "energy": 65.825219, "activity_lines": [ 9.964935, 9.897639, 9.596165, 9.313328 ] }, { "date": "2024-01-05", "close": 9.964935, "volume": 0, "typical_volume": 3765.35, "trend": 9.015894, "fair_value": 6.318245, "relative_strength": 13.202637, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.483389, "energy": 86.360898, "activity_lines": [ 9.964935, 9.928699, 9.66192, 9.378264 ] }, { "date": "2024-01-12", "close": 9.964935, "volume": 0, "typical_volume": 3286.35, "trend": 9.077582, "fair_value": 6.353362, "relative_strength": 13.393638, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.144891, "energy": 86.278027, "activity_lines": [ 9.964935, 9.951131, 9.720218, 9.439493 ] }, { "date": "2024-01-19", "close": 9.964935, "volume": 0, "typical_volume": 3261.35, "trend": 9.134524, "fair_value": 6.388479, "relative_strength": 15.434483, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.699943, "energy": 85.533698, "activity_lines": [ 9.964935, 9.963209, 9.771286, 9.496742 ] }, { "date": "2024-01-26", "close": 9.964935, "volume": 0, "typical_volume": 3025.1, "trend": 9.191467, "fair_value": 6.423832, "relative_strength": 13.849403, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.594891, "energy": 85.716187, "activity_lines": [ 9.964935, 9.964935, 9.814896, 9.550316 ] }, { "date": "2024-02-02", "close": 9.964935, "volume": 0, "typical_volume": 2812.05, "trend": 9.249991, "fair_value": 6.459184, "relative_strength": 11.752283, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.486322, "energy": 84.174881, "activity_lines": [ 9.964935, 9.964935, 9.851276, 9.600218 ] }, { "date": "2024-02-09", "close": 9.964935, "volume": 0, "typical_volume": 2478.1, "trend": 9.299025, "fair_value": 6.495123, "relative_strength": 12.93005, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.597441, "energy": 85.164801, "activity_lines": [ 9.964935, 9.964935, 9.880651, 9.646343 ] }, { "date": "2024-02-16", "close": 9.964935, "volume": 0, "typical_volume": 2197.5, "trend": 9.34964, "fair_value": 6.531062, "relative_strength": 12.351443, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.997829, "energy": 86.694717, "activity_lines": [ 9.964935, 9.964935, 9.903247, 9.689305 ] }, { "date": "2024-02-23", "close": 9.964935, "volume": 0, "typical_volume": 1898.05, "trend": 9.401837, "fair_value": 6.567001, "relative_strength": 9.041961, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.999874, "energy": 86.699693, "activity_lines": [ 9.964935, 9.964935, 9.920195, 9.729001 ] }, { "date": "2024-03-01", "close": 9.964935, "volume": 0, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-03-08", "close": 9.964935, "volume": 0, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-03-15", "close": 9.964935, "volume": 0, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-03-22", "close": 9.964935, "volume": 0, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-03-29", "close": 9.964935, "volume": 0, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-04-05", "close": 9.964935, "volume": 0, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-04-12", "close": 9.964935, "volume": 0, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-04-19", "close": 9.964935, "volume": 0, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-04-26", "close": 9.964935, "volume": 0, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-05-03", "close": 9.964935, "volume": 0, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-05-10", "close": 9.964935, "volume": 0, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-05-17", "close": 9.964935, "volume": 0, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-05-24", "close": 9.964935, "volume": 0, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-05-31", "close": 9.964935, "volume": 0, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-06-07", "close": 9.964935, "volume": 0, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-06-14", "close": 9.964935, "volume": 0, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-06-21", "close": 10.245968, "volume": 0, "typical_volume": 0.0, "trend": 9.974303, "fair_value": 7.121189, "relative_strength": -1.628771, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 93.186534, "energy": 97.432443, "activity_lines": [ 10.058613, 10.016032, 9.9917, 9.983066 ] }, { "date": "2024-06-28", "close": 10.245968, "volume": 0, "typical_volume": 0.0, "trend": 9.983671, "fair_value": 7.156053, "relative_strength": -0.984732, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 94.65502, "energy": 98.127522, "activity_lines": [ 10.133555, 10.062019, 10.017127, 10.000593 ] }, { "date": "2024-07-05", "close": 10.245968, "volume": 0, "typical_volume": 0.0, "trend": 9.993038, "fair_value": 7.192972, "relative_strength": -1.785142, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 95.222745, "energy": 98.327927, "activity_lines": [ 10.189761, 10.102897, 10.041215, 10.017515 ] }, { "date": "2024-07-12", "close": 10.245968, "volume": 0, "typical_volume": 0.0, "trend": 10.002406, "fair_value": 7.229891, "relative_strength": -3.788705, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 85.881848, "energy": 95.058646, "activity_lines": [ 10.227232, 10.138664, 10.063966, 10.033833 ] }, { "date": "2024-07-19", "close": 10.245968, "volume": 0, "typical_volume": 0.0, "trend": 10.011774, "fair_value": 7.267396, "relative_strength": -2.455936, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.33332, "energy": 88.566636, "activity_lines": [ 10.245968, 10.169323, 10.085378, 10.049547 ] }, { "date": "2024-07-26", "close": 10.245968, "volume": 0, "typical_volume": 0.0, "trend": 10.021142, "fair_value": 7.302554, "relative_strength": -3.23983, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.333088, "energy": 88.564145, "activity_lines": [ 10.245968, 10.194871, 10.105452, 10.064656 ] }, { "date": "2024-08-02", "close": 10.245968, "volume": 0, "typical_volume": 0.0, "trend": 10.030509, "fair_value": 7.336245, "relative_strength": 1.109937, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.997197, "energy": 68.093185, "activity_lines": [ 10.245968, 10.21531, 10.124187, 10.079161 ] }, { "date": "2024-08-09", "close": 10.245968, "volume": 0, "typical_volume": 0.0, "trend": 10.039877, "fair_value": 7.370523, "relative_strength": 1.287453, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.64797, "energy": 67.587857, "activity_lines": [ 10.245968, 10.230639, 10.141584, 10.093062 ] }, { "date": "2024-08-16", "close": 10.245968, "volume": 0, "typical_volume": 0.0, "trend": 10.049245, "fair_value": 7.405681, "relative_strength": -1.64983, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.260857, "energy": 66.99037, "activity_lines": [ 10.245968, 10.240858, 10.157643, 10.106358 ] }, { "date": "2024-08-23", "close": 10.245968, "volume": 0, "typical_volume": 0.0, "trend": 10.058613, "fair_value": 7.443773, "relative_strength": -4.521427, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 57.33674, "energy": 64.727983, "activity_lines": [ 10.245968, 10.245968, 10.172364, 10.11905 ] }, { "date": "2024-08-30", "close": 10.245968, "volume": 0, "typical_volume": 0.0, "trend": 10.06798, "fair_value": 7.481044, "relative_strength": -5.576821, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 57.133789, "energy": 64.235081, "activity_lines": [ 10.245968, 10.245968, 10.185747, 10.131137 ] }, { "date": "2024-09-06", "close": 10.245968, "volume": 0, "typical_volume": 0.0, "trend": 10.077348, "fair_value": 7.517083, "relative_strength": -3.671718, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 56.794728, "energy": 63.413933, "activity_lines": [ 10.245968, 10.245968, 10.197791, 10.14262 ] }, { "date": "2024-09-13", "close": 10.245968, "volume": 0, "typical_volume": 0.0, "trend": 10.086716, "fair_value": 7.553414, "relative_strength": -6.733806, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 56.331599, "energy": 62.301175, "activity_lines": [ 10.245968, 10.245968, 10.208497, 10.153499 ] }, { "date": "2024-09-20", "close": 10.245968, "volume": 0, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-09-27", "close": 10.245968, "volume": 0, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-10-04", "close": 8.97742, "volume": 6428, "typical_volume": 321.4, "trend": 10.072534, "fair_value": 7.653868, "relative_strength": -18.505966, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "mixed", "direction": -56.782449, "energy": 64.317664, "activity_lines": [ 9.823119, 10.015323, 10.111771, 10.100667 ] }, { "date": "2024-10-11", "close": 8.97742, "volume": 0, "typical_volume": 321.4, "trend": 10.039617, "fair_value": 7.683007, "relative_strength": -18.528532, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -94.634412, "energy": 96.623147, "activity_lines": [ 9.484839, 9.807742, 10.002351, 10.030015 ] }, { "date": "2024-10-18", "close": 8.928629, "volume": 798, "typical_volume": 361.3, "trend": 10.005074, "fair_value": 7.710601, "relative_strength": -19.930642, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -95.145052, "energy": 98.30051, "activity_lines": [ 9.214866, 9.614355, 9.892986, 9.958338 ] }, { "date": "2024-10-25", "close": 8.733468, "volume": 2728, "typical_volume": 497.7, "trend": 9.964025, "fair_value": 7.737472, "relative_strength": -20.401854, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -94.40922, "energy": 98.043168, "activity_lines": [ 8.967662, 9.409436, 9.76997, 9.876299 ] }, { "date": "2024-11-01", "close": 8.733468, "volume": 2300, "typical_volume": 612.7, "trend": 9.922976, "fair_value": 7.764108, "relative_strength": -20.154727, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -83.493904, "energy": 94.222486, "activity_lines": [ 8.821291, 9.232016, 9.652817, 9.796908 ] }, { "date": "2024-11-08", "close": 8.733468, "volume": 394, "typical_volume": 632.4, "trend": 9.881927, "fair_value": 7.790158, "relative_strength": -17.718231, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -77.650453, "energy": 92.169799, "activity_lines": [ 8.775753, 9.082097, 9.541529, 9.720166 ] }, { "date": "2024-11-15", "close": 8.782258, "volume": 768, "typical_volume": 670.8, "trend": 9.842504, "fair_value": 7.81652, "relative_strength": -17.414882, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -68.6596, "energy": 69.016314, "activity_lines": [ 8.762742, 8.968549, 9.442089, 9.649219 ] }, { "date": "2024-11-22", "close": 8.782258, "volume": 28, "typical_volume": 672.2, "trend": 9.803082, "fair_value": 7.842882, "relative_strength": -17.126979, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.283782, "energy": 68.446568, "activity_lines": [ 8.762742, 8.881613, 9.34962, 9.580816 ] }, { "date": "2024-11-29", "close": 9.075001, "volume": 6612, "typical_volume": 1002.8, "trend": 9.773417, "fair_value": 7.871121, "relative_strength": -13.881996, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.256896, "energy": 66.303227, "activity_lines": [ 8.870081, 8.874516, 9.292001, 9.533843 ] }, { "date": "2024-12-06", "close": 9.172581, "volume": 942, "typical_volume": 1049.9, "trend": 9.747006, "fair_value": 7.899985, "relative_strength": -15.67656, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -51.815472, "energy": 55.219412, "activity_lines": [ 8.987178, 8.906452, 9.249251, 9.49508 ] }, { "date": "2024-12-13", "close": 9.221371, "volume": 695, "typical_volume": 1084.65, "trend": 9.72222, "fair_value": 7.929455, "relative_strength": -12.542702, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -43.786753, "energy": 39.000138, "activity_lines": [ 9.091264, 8.966774, 9.21626, 9.461168 ] }, { "date": "2024-12-20", "close": 9.318952, "volume": 1033, "typical_volume": 1136.3, "trend": 9.700687, "fair_value": 7.959551, "relative_strength": -9.085406, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -33.992244, "energy": 41.7871, "activity_lines": [ 9.19535, 9.040404, 9.197441, 9.435151 ] }, { "date": "2024-12-27", "close": 9.562903, "volume": 2069, "typical_volume": 1239.75, "trend": 9.687286, "fair_value": 7.991505, "relative_strength": -6.910939, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -8.551655, "energy": 31.475197, "activity_lines": [ 9.344973, 9.152178, 9.206269, 9.426261 ] }, { "date": "2025-01-03", "close": 9.709274, "volume": 1521, "typical_volume": 1315.8, "trend": 9.678764, "fair_value": 8.024103, "relative_strength": -6.161592, "stage": 4, "regime": "rotation_up", "modifier": "Structural repair", "gate": "down", "direction": 30.174286, "energy": 53.005911, "activity_lines": [ 9.491344, 9.279032, 9.232291, 9.42768 ] }, { "date": "2025-01-10", "close": 9.709274, "volume": 1304, "typical_volume": 1381.0, "trend": 9.670242, "fair_value": 8.056994, "relative_strength": -6.39459, "stage": 4, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "down", "direction": 28.915408, "energy": 54.552233, "activity_lines": [ 9.59543, 9.388145, 9.260868, 9.429648 ] }, { "date": "2025-01-17", "close": 10.050807, "volume": 23182, "typical_volume": 2540.1, "trend": 9.663737, "fair_value": 8.089727, "relative_strength": -4.342929, "stage": 4, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 57.957348, "energy": 84.17, "activity_lines": [ 9.777581, 9.541613, 9.324528, 9.454201 ] }, { "date": "2025-01-24", "close": 10.245968, "volume": 11970, "typical_volume": 3138.6, "trend": 9.663737, "fair_value": 8.122244, "relative_strength": -2.711492, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 59.917091, "energy": 85.849028, "activity_lines": [ 9.969489, 9.706613, 9.407704, 9.491764 ] }, { "date": "2025-01-31", "close": 10.245968, "volume": 4617, "typical_volume": 3369.45, "trend": 9.663737, "fair_value": 8.153293, "relative_strength": -5.414826, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 53.081801, "energy": 83.430338, "activity_lines": [ 10.099597, 9.845, 9.49088, 9.529327 ] }, { "date": "2025-02-07", "close": 10.441129, "volume": 1649, "typical_volume": 3451.9, "trend": 9.670242, "fair_value": 8.185887, "relative_strength": -5.662719, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 64.526093, "energy": 87.324962, "activity_lines": [ 10.249221, 9.992258, 9.592642, 9.579482 ] }, { "date": "2025-02-14", "close": 10.636291, "volume": 926, "typical_volume": 3498.2, "trend": 9.683253, "fair_value": 8.221493, "relative_strength": -5.490976, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 65.822945, "energy": 87.788791, "activity_lines": [ 10.415108, 10.150162, 9.712062, 9.641807 ] }, { "date": "2025-02-21", "close": 10.831452, "volume": 1607, "typical_volume": 3257.15, "trend": 9.702769, "fair_value": 8.258936, "relative_strength": -3.412018, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 93.459331, "energy": 95.939673, "activity_lines": [ 10.584248, 10.316936, 9.848211, 9.715885 ] }, { "date": "2025-02-28", "close": 11.514517, "volume": 1691, "typical_volume": 3341.7, "trend": 9.745054, "fair_value": 8.300172, "relative_strength": -0.079122, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 99.069114, "energy": 98.992568, "activity_lines": [ 10.929033, 10.578629, 10.040584, 9.832772 ] }, { "date": "2025-03-07", "close": 11.124193, "volume": 3616, "typical_volume": 3482.6, "trend": 9.774328, "fair_value": 8.338905, "relative_strength": -2.531971, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 76.315157, "energy": 90.081036, "activity_lines": [ 11.05914, 10.729436, 10.183702, 9.921748 ] }, { "date": "2025-03-14", "close": 11.124193, "volume": 1035, "typical_volume": 3397.95, "trend": 9.803602, "fair_value": 8.377638, "relative_strength": -0.455295, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 68.578997, "energy": 71.713626, "activity_lines": [ 11.130699, 10.851855, 10.316365, 10.008836 ] }, { "date": "2025-03-21", "close": 11.124193, "volume": 156, "typical_volume": 3290.75, "trend": 9.832877, "fair_value": 8.416665, "relative_strength": -2.859611, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.164427, "energy": 68.180419, "activity_lines": [ 11.15672, 10.948548, 10.437644, 10.094036 ] }, { "date": "2025-03-28", "close": 12.197581, "volume": 7748, "typical_volume": 3658.45, "trend": 9.89793, "fair_value": 8.462279, "relative_strength": 6.801003, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 95.003772, "energy": 77.468487, "activity_lines": [ 11.508011, 11.214677, 10.649766, 10.246597 ] }, { "date": "2025-04-04", "close": 12.002419, "volume": 2072, "typical_volume": 3723.65, "trend": 9.956479, "fair_value": 8.504588, "relative_strength": 12.464425, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 86.223216, "energy": 74.674723, "activity_lines": [ 11.703172, 11.40629, 10.826805, 10.382371 ] }, { "date": "2025-04-11", "close": 11.026613, "volume": 3179, "typical_volume": 3881.2, "trend": 9.9825, "fair_value": 8.540641, "relative_strength": 4.546664, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.782816, "energy": 65.441821, "activity_lines": [ 11.540538, 11.388548, 10.895576, 10.451412 ] }, { "date": "2025-04-18", "close": 11.026613, "volume": 2227, "typical_volume": 3661.95, "trend": 10.008522, "fair_value": 8.576695, "relative_strength": -0.400488, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 62.633048, "energy": 63.379583, "activity_lines": [ 11.384409, 11.356613, 10.95366, 10.518774 ] }, { "date": "2025-04-25", "close": 10.733871, "volume": 4855, "typical_volume": 3857.6, "trend": 10.024785, "fair_value": 8.611458, "relative_strength": -6.030386, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 45.118056, "energy": 37.816775, "activity_lines": [ 11.137204, 11.260806, 10.97457, 10.565571 ] }, { "date": "2025-05-02", "close": 10.733871, "volume": 731, "typical_volume": 3859.4, "trend": 10.083333, "fair_value": 8.646222, "relative_strength": -6.417091, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 33.452943, "energy": 36.35855, "activity_lines": [ 10.916022, 11.163226, 10.988045, 10.611318 ] }, { "date": "2025-05-09", "close": 11.319355, "volume": 3394, "typical_volume": 3977.45, "trend": 10.161398, "fair_value": 8.684446, "relative_strength": -1.957116, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 42.99666, "energy": 32.259024, "activity_lines": [ 10.987581, 11.173871, 11.050079, 10.691061 ] }, { "date": "2025-05-16", "close": 11.319355, "volume": 305, "typical_volume": 3889.25, "trend": 10.241089, "fair_value": 8.722082, "relative_strength": -5.355091, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 45.532462, "energy": 26.416289, "activity_lines": [ 11.104678, 11.188065, 11.102586, 10.765768 ] }, { "date": "2025-05-23", "close": 11.612097, "volume": 1217, "typical_volume": 3874.05, "trend": 10.337043, "fair_value": 8.761889, "relative_strength": -3.042338, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 71.367992, "energy": 45.724648, "activity_lines": [ 11.299839, 11.251936, 11.17461, 10.854221 ] }, { "date": "2025-05-30", "close": 11.807259, "volume": 1660, "typical_volume": 3891.85, "trend": 10.439503, "fair_value": 8.801773, "relative_strength": -1.645779, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 79.56785, "energy": 66.999712, "activity_lines": [ 11.521022, 11.34242, 11.25616, 10.949073 ] }, { "date": "2025-06-06", "close": 12.002419, "volume": 1173, "typical_volume": 2791.4, "trend": 10.548468, "fair_value": 8.843788, "relative_strength": -0.618972, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 82.510399, "energy": 87.282281, "activity_lines": [ 11.735699, 11.455968, 11.346306, 11.049906 ] }, { "date": "2025-06-13", "close": 12.1, "volume": 1617, "typical_volume": 2273.75, "trend": 10.659059, "fair_value": 8.887015, "relative_strength": 2.701703, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 81.265059, "energy": 90.183643, "activity_lines": [ 11.898333, 11.590807, 11.436452, 11.150005 ] }, { "date": "2025-06-20", "close": 12.0, "volume": 480, "typical_volume": 2066.9, "trend": 10.766317, "fair_value": 8.929895, "relative_strength": 2.441314, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 69.896802, "energy": 85.643338, "activity_lines": [ 11.975591, 11.705689, 11.508245, 11.236518 ] }, { "date": "2025-06-27", "close": 12.2, "volume": 1400, "typical_volume": 2054.45, "trend": 10.870484, "fair_value": 8.97259, "relative_strength": 3.411532, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 79.767527, "energy": 91.558832, "activity_lines": [ 12.07414, 11.839238, 11.590734, 11.329013 ] }, { "date": "2025-07-04", "close": 12.3, "volume": 2045, "typical_volume": 2110.4, "trend": 10.974731, "fair_value": 9.015633, "relative_strength": 4.346213, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 80.576409, "energy": 90.728508, "activity_lines": [ 12.166828, 11.969634, 11.67437, 11.42124 ] }, { "date": "2025-07-11", "close": 12.3, "volume": 1030, "typical_volume": 2081.55, "trend": 11.077352, "fair_value": 9.058088, "relative_strength": 4.154242, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 78.105595, "energy": 91.608205, "activity_lines": [ 12.226667, 12.071554, 11.750085, 11.506741 ] }, { "date": "2025-07-18", "close": 12.3, "volume": 1017, "typical_volume": 2047.85, "trend": 11.176721, "fair_value": 9.100837, "relative_strength": 4.411444, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 73.481112, "energy": 89.691554, "activity_lines": [ 12.266667, 12.145, 11.818806, 11.585622 ] }, { "date": "2025-07-25", "close": 12.3, "volume": 740, "typical_volume": 1904.05, "trend": 11.267957, "fair_value": 9.142705, "relative_strength": 2.716425, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 70.517435, "energy": 88.165335, "activity_lines": [ 12.293333, 12.200616, 11.883787, 11.658091 ] }, { "date": "2025-08-01", "close": 12.3, "volume": 977, "typical_volume": 1901.15, "trend": 11.354315, "fair_value": 9.178704, "relative_strength": 3.73242, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 67.928002, "energy": 85.034658, "activity_lines": [ 12.3, 12.238402, 11.943168, 11.724675 ] }, { "date": "2025-08-08", "close": 12.3, "volume": 1280, "typical_volume": 1957.35, "trend": 11.440672, "fair_value": 9.212942, "relative_strength": -0.849932, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.693861, "energy": 80.265227, "activity_lines": [ 12.3, 12.26368, 11.996951, 11.785687 ] }, { "date": "2025-08-15", "close": 12.6, "volume": 2223, "typical_volume": 1681.1, "trend": 11.525645, "fair_value": 9.247342, "relative_strength": -1.186688, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 89.856015, "energy": 81.495776, "activity_lines": [ 12.4, 12.334545, 12.073706, 11.860482 ] }, { "date": "2025-08-22", "close": 12.6, "volume": 1595, "typical_volume": 1657.25, "trend": 11.604113, "fair_value": 9.281156, "relative_strength": -1.750222, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 85.613876, "energy": 90.374991, "activity_lines": [ 12.48, 12.394545, 12.148545, 11.929795 ] }, { "date": "2025-08-29", "close": 12.7, "volume": 975, "typical_volume": 1547.05, "trend": 11.685914, "fair_value": 9.312675, "relative_strength": 2.200128, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 87.298557, "energy": 94.950434, "activity_lines": [ 12.573333, 12.463636, 12.230061, 12.000498 ] }, { "date": "2025-09-05", "close": 12.7, "volume": 148, "typical_volume": 1443.1, "trend": 11.76121, "fair_value": 9.343608, "relative_strength": 2.931564, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 78.860324, "energy": 91.802291, "activity_lines": [ 12.64, 12.52, 12.30361, 12.065923 ] }, { "date": "2025-09-12", "close": 12.7, "volume": 818, "typical_volume": 1241.25, "trend": 11.83, "fair_value": 9.378063, "relative_strength": -0.008525, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 72.894274, "energy": 90.2918, "activity_lines": [ 12.68, 12.567273, 12.36919, 12.12649 ] }, { "date": "2025-09-19", "close": 12.7, "volume": 1740, "typical_volume": 1291.7, "trend": 11.892285, "fair_value": 9.41193, "relative_strength": 0.394736, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 71.447722, "energy": 88.351588, "activity_lines": [ 12.693333, 12.607273, 12.425407, 12.182619 ] }, { "date": "2025-09-26", "close": 12.7, "volume": 280, "typical_volume": 1136.0, "trend": 11.931801, "fair_value": 9.446971, "relative_strength": -0.125235, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.478158, "energy": 78.584967, "activity_lines": [ 12.7, 12.64, 12.472262, 12.234729 ] }, { "date": "2025-10-03", "close": 12.6, "volume": 3750, "typical_volume": 1308.25, "trend": 11.980995, "fair_value": 9.479611, "relative_strength": -2.490945, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.425431, "energy": 66.43668, "activity_lines": [ 12.666667, 12.647273, 12.503018, 12.277839 ] }, { "date": "2025-10-10", "close": 12.5, "volume": 11618, "typical_volume": 1828.3, "trend": 12.026855, "fair_value": 9.51337, "relative_strength": -2.680123, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 53.215157, "energy": 56.257813, "activity_lines": [ 12.606667, 12.630909, 12.518153, 12.311323 ] }, { "date": "2025-10-17", "close": 12.5, "volume": 84, "typical_volume": 1749.5, "trend": 12.072715, "fair_value": 9.547129, "relative_strength": -3.574694, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 47.420277, "energy": 45.80502, "activity_lines": [ 12.56, 12.610909, 12.529059, 12.341849 ] }, { "date": "2025-10-24", "close": 12.7, "volume": 1345, "typical_volume": 1758.1, "trend": 12.089462, "fair_value": 9.582171, "relative_strength": -3.776846, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 59.839432, "energy": 45.457716, "activity_lines": [ 12.593333, 12.623636, 12.555714, 12.382319 ] }, { "date": "2025-10-31", "close": 12.6, "volume": 700, "typical_volume": 1712.25, "trend": 12.109382, "fair_value": 9.617745, "relative_strength": -5.658976, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 42.571852, "energy": 34.725887, "activity_lines": [ 12.593333, 12.616364, 12.569524, 12.415257 ] }, { "date": "2025-11-07", "close": 12.4, "volume": 551, "typical_volume": 1715.8, "trend": 12.155161, "fair_value": 9.653211, "relative_strength": -6.441749, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 28.687169, "energy": 21.114682, "activity_lines": [ 12.533333, 12.572727, 12.561905, 12.434006 ] }, { "date": "2025-11-14", "close": 12.6, "volume": 1312, "typical_volume": 1711.4, "trend": 12.207608, "fair_value": 9.69172, "relative_strength": -7.552242, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 33.247299, "energy": 25.204016, "activity_lines": [ 12.553333, 12.570909, 12.571429, 12.462706 ] }, { "date": "2025-11-21", "close": 12.4, "volume": 700, "typical_volume": 1644.15, "trend": 12.263145, "fair_value": 9.725425, "relative_strength": -6.072179, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 3.680704, "energy": 11.079756, "activity_lines": [ 12.5, 12.534545, 12.56, 12.475118 ] }, { "date": "2025-11-28", "close": 12.4, "volume": 6, "typical_volume": 1592.95, "trend": 12.318683, "fair_value": 9.759717, "relative_strength": -9.179587, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -1.757026, "energy": 16.836197, "activity_lines": [ 12.453333, 12.503636, 12.548095, 12.483947 ] }, { "date": "2025-12-05", "close": 12.4, "volume": 692, "typical_volume": 1576.7, "trend": 12.354704, "fair_value": 9.794596, "relative_strength": -10.869668, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -1.738299, "energy": 16.202192, "activity_lines": [ 12.426667, 12.478182, 12.535714, 12.489194 ] }, { "date": "2025-12-12", "close": 12.3, "volume": 1626, "typical_volume": 1621.0, "trend": 12.387393, "fair_value": 9.829421, "relative_strength": -12.347746, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -32.766023, "energy": 35.153884, "activity_lines": [ 12.38, 12.44, 12.513333, 12.485664 ] }, { "date": "2025-12-19", "close": 12.4, "volume": 743, "typical_volume": 1609.3, "trend": 12.413656, "fair_value": 9.8643, "relative_strength": -13.076733, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -18.590705, "energy": 32.597663, "activity_lines": [ 12.373333, 12.425455, 12.500476, 12.486478 ] }, { "date": "2025-12-26", "close": 12.6, "volume": 743, "typical_volume": 1582.45, "trend": 12.440081, "fair_value": 9.901049, "relative_strength": -11.49492, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "up", "direction": 19.14923, "energy": 13.639965, "activity_lines": [ 12.446667, 12.449091, 12.50619, 12.4985 ] }, { "date": "2026-01-02", "close": 12.6, "volume": 628, "typical_volume": 1502.7, "trend": 12.46, "fair_value": 9.937797, "relative_strength": -12.883139, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 37.296098, "energy": 18.261624, "activity_lines": [ 12.506667, 12.470909, 12.510476, 12.508817 ] }, { "date": "2026-01-09", "close": 12.4, "volume": 4341, "typical_volume": 1640.0, "trend": 12.47, "fair_value": 9.974437, "relative_strength": -14.777346, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -9.288669, "energy": 10.827137, "activity_lines": [ 12.486667, 12.458182, 12.495714, 12.504946 ] }, { "date": "2026-01-16", "close": 12.8, "volume": 2038, "typical_volume": 1693.15, "trend": 12.496667, "fair_value": 10.013934, "relative_strength": -12.088111, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 57.072613, "energy": 35.952811, "activity_lines": [ 12.6, 12.521818, 12.52, 12.526237 ] }, { "date": "2026-01-23", "close": 12.8, "volume": 2555, "typical_volume": 1813.5, "trend": 12.516667, "fair_value": 10.053432, "relative_strength": -10.99252, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 58.380255, "energy": 53.277372, "activity_lines": [ 12.68, 12.578182, 12.54381, 12.545806 ] }, { "date": "2026-01-30", "close": 12.8, "volume": 1061, "typical_volume": 1825.65, "trend": 12.533333, "fair_value": 10.093223, "relative_strength": -12.436398, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.396204, "energy": 64.768286, "activity_lines": [ 12.733333, 12.630909, 12.567143, 12.564086 ] }, { "date": "2026-02-06", "close": 12.9, "volume": 627, "typical_volume": 1770.0, "trend": 12.553333, "fair_value": 10.133655, "relative_strength": -11.84369, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 73.227465, "energy": 75.185113, "activity_lines": [ 12.806667, 12.694545, 12.599524, 12.587742 ] }, { "date": "2026-02-13", "close": 12.3, "volume": 965, "typical_volume": 1804.25, "trend": 12.553333, "fair_value": 10.16936, "relative_strength": -14.403273, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 26.135299, "energy": 23.147773, "activity_lines": [ 12.66, 12.64, 12.57381, 12.571398 ] }, { "date": "2026-02-20", "close": 12.3, "volume": 249, "typical_volume": 1629.2, "trend": 12.553333, "fair_value": 10.205359, "relative_strength": -16.504831, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -19.772952, "energy": 14.350322, "activity_lines": [ 12.52, 12.587273, 12.55, 12.555054 ] }, { "date": "2026-02-27", "close": 12.2, "volume": 3858, "typical_volume": 1241.2, "trend": 12.55, "fair_value": 10.240717, "relative_strength": -17.584244, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -65.798483, "energy": 44.24334, "activity_lines": [ 12.38, 12.516364, 12.518095, 12.532258 ] }, { "date": "2026-03-06", "close": 12.4, "volume": 3076, "typical_volume": 1390.8, "trend": 12.553333, "fair_value": 10.277063, "relative_strength": -9.678912, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -53.552015, "energy": 44.785587, "activity_lines": [ 12.346667, 12.485455, 12.506667, 12.522581 ] }, { "date": "2026-03-13", "close": 12.4, "volume": 3658, "typical_volume": 1506.45, "trend": 12.546667, "fair_value": 10.312823, "relative_strength": -9.3203, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -54.272153, "energy": 55.10311, "activity_lines": [ 12.34, 12.458182, 12.495714, 12.512688 ] }, { "date": "2026-03-20", "close": 12.2, "volume": 1830, "typical_volume": 1562.95, "trend": 12.533333, "fair_value": 10.34554, "relative_strength": -8.713401, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.562459, "energy": 62.506646, "activity_lines": [ 12.3, 12.398182, 12.467143, 12.490323 ] }, { "date": "2026-03-27", "close": 12.1, "volume": 931, "typical_volume": 1581.95, "trend": 12.513333, "fair_value": 10.377909, "relative_strength": -9.51123, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -71.540771, "energy": 60.353684, "activity_lines": [ 12.233333, 12.323636, 12.430952, 12.462366 ] }, { "date": "2026-04-03", "close": 12.1, "volume": 200, "typical_volume": 1526.35, "trend": 12.493333, "fair_value": 10.409691, "relative_strength": -12.810899, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -69.046059, "energy": 64.850804, "activity_lines": [ 12.18, 12.261818, 12.39619, 12.435699 ] }, { "date": "2026-04-10", "close": 12.3, "volume": 1139, "typical_volume": 1548.3, "trend": 12.48, "fair_value": 10.443342, "relative_strength": -14.062822, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -58.440191, "energy": 54.941559, "activity_lines": [ 12.2, 12.249091, 12.382857, 12.423226 ] }, { "date": "2026-04-17", "close": 12.7, "volume": 4999, "typical_volume": 1797.95, "trend": 12.48, "fair_value": 10.47897, "relative_strength": -12.255781, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -15.904755, "energy": 14.684044, "activity_lines": [ 12.36, 12.318182, 12.408095, 12.437419 ] }, { "date": "2026-04-24", "close": 12.8, "volume": 15860, "typical_volume": 2556.35, "trend": 12.483333, "fair_value": 10.515239, "relative_strength": -7.417495, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 19.589629, "energy": 23.891636, "activity_lines": [ 12.533333, 12.409091, 12.441429, 12.458065 ] }, { "date": "2026-05-01", "close": 13.8, "volume": 22204, "typical_volume": 3585.25, "trend": 12.523333, "fair_value": 10.558213, "relative_strength": -0.633877, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 88.940244, "energy": 79.708037, "activity_lines": [ 13.0, 12.672727, 12.568095, 12.543011 ] }, { "date": "2026-05-08", "close": 14.7, "volume": 10619, "typical_volume": 4079.05, "trend": 12.596667, "fair_value": 10.607542, "relative_strength": 5.239892, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 95.021108, "energy": 97.882643, "activity_lines": [ 13.653333, 13.072727, 12.773333, 12.683441 ] }, { "date": "2026-05-15", "close": 14.9, "volume": 7066, "typical_volume": 4395.2, "trend": 12.676667, "fair_value": 10.657566, "relative_strength": 8.177698, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 96.630797, "energy": 98.781462, "activity_lines": [ 14.2, 13.463636, 12.986667, 12.832043 ] }, { "date": "2026-05-22", "close": 14.6, "volume": 1283, "typical_volume": 4427.95, "trend": 12.74, "fair_value": 10.705667, "relative_strength": 3.892064, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 78.496576, "energy": 92.452983, "activity_lines": [ 14.473333, 13.754545, 13.160476, 12.956129 ] }, { "date": "2026-05-29", "close": 14.9, "volume": 3641, "typical_volume": 4392.95, "trend": 12.816667, "fair_value": 10.75217, "relative_strength": 3.905112, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 81.539386, "energy": 93.511722, "activity_lines": [ 14.72, 14.06, 13.353333, 13.095484 ] }, { "date": "2026-06-05", "close": 15.6, "volume": 955, "typical_volume": 4338.8, "trend": 12.923333, "fair_value": 10.799345, "relative_strength": 8.871972, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 94.011834, "energy": 97.807304, "activity_lines": [ 15.06, 14.443636, 13.600952, 13.275054 ] }, { "date": "2026-06-12", "close": 15.7, "volume": 0, "typical_volume": 4211.05, "trend": 13.026667, "fair_value": 10.847971, "relative_strength": 7.207807, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 89.958366, "energy": 94.639364, "activity_lines": [ 15.313333, 14.781818, 13.844762, 13.454194 ] }, { "date": "2026-06-19", "close": 15.6, "volume": 0, "typical_volume": 4158.0, "trend": 13.133333, "fair_value": 10.895044, "relative_strength": 3.468234, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 78.222222, "energy": 88.513473, "activity_lines": [ 15.466667, 15.036364, 14.065238, 13.620215 ] }, { "date": "2026-06-26", "close": 16.1, "volume": 1345, "typical_volume": 4193.9, "trend": 13.256667, "fair_value": 10.945321, "relative_strength": 6.473336, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 88.48478, "energy": 85.690748, "activity_lines": [ 15.74, 15.321818, 14.32, 13.811613 ] }, { "date": "2026-07-03", "close": 17.0, "volume": 351, "typical_volume": 4163.2, "trend": 13.41, "fair_value": 11.001673, "relative_strength": 10.071698, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 96.136303, "energy": 81.931403, "activity_lines": [ 16.213333, 15.709091, 14.645238, 14.053118 ] }, { "date": "2026-07-10", "close": 17.200001, "volume": 1336, "typical_volume": 4217.55, "trend": 13.573333, "fair_value": 11.057481, "relative_strength": 14.027423, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 93.300714, "energy": 88.812518, "activity_lines": [ 16.613334, 16.056364, 14.967143, 14.297634 ] }, { "date": "2026-07-17", "close": 17.299999, "volume": 2251, "typical_volume": 4137.2, "trend": 13.736667, "fair_value": 11.114234, "relative_strength": 15.631844, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 87.342979, "energy": 92.756542, "activity_lines": [ 16.94, 16.36, 15.275238, 14.538065 ] }, { "date": "2026-07-24", "close": 17.200001, "volume": 4328, "typical_volume": 4199.8, "trend": 13.89, "fair_value": 11.170651, "relative_strength": 12.760657, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 73.983672, "energy": 87.876082, "activity_lines": [ 17.126667, 16.598182, 15.549524, 14.761505 ] }, { "date": "2026-07-31", "close": 17.0, "volume": 2839, "typical_volume": 4158.85, "trend": 14.036667, "fair_value": 11.225481, "relative_strength": 10.367807, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.631372, "energy": 88.760356, "activity_lines": [ 17.14, 16.758182, 15.781905, 14.962151 ] }, { "date": "2026-08-07", "close": 16.799999, "volume": 849, "typical_volume": 4109.8, "trend": 14.183333, "fair_value": 11.279333, "relative_strength": 6.93641, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.256913, "energy": 87.103487, "activity_lines": [ 17.026666, 16.838182, 15.973333, 15.14043 ] } ], "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." } } }