{ "ticker": { "uuid": "b1fcf0bb-ec50-4a48-b7c4-08155993cd87", "symbol": "MVEW", "name": "iShares Edge MSCI World Minimum Volatility Advanced UCITS ETF USD (Acc)", "exchange": "AMS", "country": "NL", "assetType": "etf" }, "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.", "analysis": { "eligible": true, "as_of": "2026-08-07", "benchmark": "^AEX", "stage": 3, "stage_name": "Distribution", "phase": "3a", "phase_label": "Stage 3A \u00b7 Churning", "transition": "stage_3_churning", "transition_label": "Stage 3 range intact", "confidence": 57.875, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Re-accelerating", "architecture_gate": "up", "architecture_direction": 87.683, "architecture_energy": 87.699, "architecture_maturity": 9.626, "architecture_confidence": 62.07, "architecture_tenure": "New", "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": 13.03, "rotation_up": 86.03, "upward_expansion": 97.11, "deceleration": 39.05, "rotation_down": 8.51, "downward_expansion": 19.11 }, "activity_lines": [ 8.393, 8.2992, 8.206956, 8.173796 ], "activity_state": "Wide", "activity_direction": "Expanding", "rotation_direction": "Improving", "price_acceptance": 1.0 }, "latest_close": 8.52, "trend_reference": 8.15055, "distance_from_trend": 0.045328, "trend_direction": "Improving", "fair_value": 7.433072, "distance_from_fair_value": 0.146229, "fair_value_direction": "Improving", "relative_strength": -6.118207, "relative_strength_direction": "Improving", "price_momentum": 0.032727, "excess_performance": -0.083935, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.045328, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.00792, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.146229, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.044047, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.061182, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.001681, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.032727, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 3.059464, "read": "Demand-led" } ], "volume": { "latest": 4555, "relative_activity": 0.317249, "balance": 3.059464, "dry_up": 1.298023, "accumulation_observations": 4, "distribution_observations": 2 }, "risk": { "range_context": 0.015141, "annualized_volatility": 0.086518, "from_high_reference": -0.005486, "from_low_reference": 0.09277 }, "levels": { "trend_reference": 8.15055, "fair_value_reference": 7.433072, "structural_low": 7.8613, "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": 35, "median_return": 0.002684, "positive_rate": 0.6, "directional_follow_through": 0.6, "median_excess_return": -0.006958, "regime_survival": 0.714286, "best_return": 0.041636, "worst_return": -0.06032, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 13, "median_return": 0.016175, "positive_rate": 0.538462, "directional_follow_through": 0.538462, "median_excess_return": 0.007934, "regime_survival": 0.692308, "best_return": 0.096338, "worst_return": -0.041071, "sufficient": true }, { "horizon": "Extended", "sample_count": 8, "median_return": 0.04553, "positive_rate": 0.875, "directional_follow_through": 0.875, "median_excess_return": 0.013107, "regime_survival": 0.75, "best_return": 0.091647, "worst_return": -0.095365, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 4, "median_return": 0.100563, "positive_rate": 0.75, "directional_follow_through": 0.75, "median_excess_return": 0.016066, "regime_survival": 0.75, "best_return": 0.10929, "worst_return": -0.106857, "sufficient": false } ], "ledger": [ { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-04-26", "end": "2024-05-17", "tenure": "New", "return": 0.032997, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-05-24", "end": "2024-11-01", "tenure": "Established", "return": 0.073146, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-11-08", "end": "2024-11-29", "tenure": "New", "return": 0.015796, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-12-06", "end": "2025-01-10", "tenure": "Developing", "return": -0.058322, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-01-17", "end": "2025-01-24", "tenure": "New", "return": 0.009841, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-01-31", "end": "2025-02-14", "tenure": "New", "return": 0.009366, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-02-21", "end": "2025-08-01", "tenure": "Established", "return": 0.01719, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-08-08", "end": "2025-08-22", "tenure": "New", "return": 0.02418, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-08-29", "end": "2025-10-24", "tenure": "Developing", "return": 0.005512, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-10-31", "end": "2025-11-28", "tenure": "Developing", "return": 0.031132, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-12-05", "end": "2026-03-20", "tenure": "Established", "return": -0.011928, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-03-27", "end": "2026-05-15", "tenure": "Developing", "return": 0.021939, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-05-22", "end": "2026-07-17", "tenure": "Developing", "return": 0.016526, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-07-24", "end": "2026-08-07", "tenure": "New", "return": 0.028365, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 6.1797, "volume": 83009, "typical_volume": 171709.4, "trend": 6.1839, "fair_value": 6.057622, "relative_strength": 1.759536, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 22.845642, "energy": 14.833855, "activity_lines": [ 6.288533, 6.306116, 6.284764, 6.24368 ] }, { "date": "2023-08-25", "close": 6.1996, "volume": 18247, "typical_volume": 167292.3, "trend": 6.187143, "fair_value": 6.061924, "relative_strength": 2.314033, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 12.927096, "energy": 18.204851, "activity_lines": [ 6.244987, 6.286938, 6.27788, 6.244693 ] }, { "date": "2023-09-01", "close": 6.2805, "volume": 4628, "typical_volume": 159289.05, "trend": 6.191213, "fair_value": 6.067446, "relative_strength": 1.929842, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 20.660022, "energy": 20.909329, "activity_lines": [ 6.244027, 6.284693, 6.278711, 6.250716 ] }, { "date": "2023-09-08", "close": 6.2482, "volume": 45712, "typical_volume": 137875.9, "trend": 6.197967, "fair_value": 6.072621, "relative_strength": 2.39068, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 9.02228, "energy": 16.773349, "activity_lines": [ 6.241933, 6.275373, 6.276293, 6.254392 ] }, { "date": "2023-09-15", "close": 6.2825, "volume": 1343940, "typical_volume": 203608.45, "trend": 6.20528, "fair_value": 6.077954, "relative_strength": 2.628588, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 15.100207, "energy": 11.342925, "activity_lines": [ 6.255047, 6.273169, 6.277301, 6.259846 ] }, { "date": "2023-09-22", "close": 6.2088, "volume": 257, "typical_volume": 195165.15, "trend": 6.215053, "fair_value": 6.083674, "relative_strength": 3.027028, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 3.718556, "energy": 5.074599, "activity_lines": [ 6.24528, 6.256458, 6.271321, 6.260073 ] }, { "date": "2023-09-29", "close": 6.0814, "volume": 94422, "typical_volume": 193379.3, "trend": 6.219287, "fair_value": 6.087798, "relative_strength": 1.123319, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -35.139271, "energy": 35.552579, "activity_lines": [ 6.191107, 6.219062, 6.25359, 6.251451 ] }, { "date": "2023-10-06", "close": 6.0101, "volume": 6499, "typical_volume": 193161.85, "trend": 6.223197, "fair_value": 6.090619, "relative_strength": 0.244361, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -50.25847, "energy": 61.609833, "activity_lines": [ 6.121047, 6.175111, 6.230179, 6.237955 ] }, { "date": "2023-10-13", "close": 6.0845, "volume": 61430, "typical_volume": 188721.5, "trend": 6.22984, "fair_value": 6.094023, "relative_strength": 0.540952, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -62.752301, "energy": 71.464757, "activity_lines": [ 6.093813, 6.152231, 6.21507, 6.229006 ] }, { "date": "2023-10-20", "close": 6.0015, "volume": 23032, "typical_volume": 189790.0, "trend": 6.23225, "fair_value": 6.097215, "relative_strength": 1.596664, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -73.72545, "energy": 79.506313, "activity_lines": [ 6.049827, 6.118265, 6.192257, 6.214275 ] }, { "date": "2023-10-27", "close": 5.9326, "volume": 3643, "typical_volume": 189835.75, "trend": 6.225583, "fair_value": 6.101496, "relative_strength": 0.759353, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -81.242543, "energy": 85.089755, "activity_lines": [ 6.001607, 6.077342, 6.163749, 6.194943 ] }, { "date": "2023-11-03", "close": 6.1752, "volume": 22565, "typical_volume": 190878.25, "trend": 6.22469, "fair_value": 6.105413, "relative_strength": 1.725786, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.526035, "energy": 52.353632, "activity_lines": [ 6.052667, 6.08502, 6.159575, 6.191692 ] }, { "date": "2023-11-10", "close": 6.1098, "volume": 20891, "typical_volume": 191768.55, "trend": 6.220213, "fair_value": 6.108329, "relative_strength": -0.66293, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -57.553858, "energy": 40.168242, "activity_lines": [ 6.075673, 6.081251, 6.149871, 6.18428 ] }, { "date": "2023-11-17", "close": 6.2429, "volume": 133, "typical_volume": 178805.05, "trend": 6.218917, "fair_value": 6.112024, "relative_strength": -0.122739, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -25.021456, "energy": 15.387486, "activity_lines": [ 6.1364, 6.104785, 6.153341, 6.185743 ] }, { "date": "2023-11-24", "close": 6.3328, "volume": 22437, "typical_volume": 178470.95, "trend": 6.220383, "fair_value": 6.116142, "relative_strength": 0.404548, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": 0.787711, "energy": 21.394624, "activity_lines": [ 6.216533, 6.144762, 6.16563, 6.193091 ] }, { "date": "2023-12-01", "close": 6.3819, "volume": 5334, "typical_volume": 178006.75, "trend": 6.223477, "fair_value": 6.120516, "relative_strength": 0.452414, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "mixed", "direction": 36.755757, "energy": 41.051546, "activity_lines": [ 6.290947, 6.192751, 6.182064, 6.203511 ] }, { "date": "2023-12-08", "close": 6.3809, "volume": 14529, "typical_volume": 142558.6, "trend": 6.22568, "fair_value": 6.12499, "relative_strength": -0.856445, "stage": 3, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 36.418588, "energy": 58.923095, "activity_lines": [ 6.335073, 6.237411, 6.198229, 6.213668 ] }, { "date": "2023-12-15", "close": 6.48, "volume": 114884, "typical_volume": 131365.35, "trend": 6.23283, "fair_value": 6.129515, "relative_strength": -0.681891, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 45.167718, "energy": 70.476639, "activity_lines": [ 6.39852, 6.294644, 6.224083, 6.230075 ] }, { "date": "2023-12-22", "close": 6.5289, "volume": 36317, "typical_volume": 96884.75, "trend": 6.246247, "fair_value": 6.134694, "relative_strength": 1.08722, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 82.840133, "energy": 87.557619, "activity_lines": [ 6.453587, 6.352224, 6.254333, 6.249177 ] }, { "date": "2023-12-29", "close": 6.568, "volume": 70934, "typical_volume": 99642.15, "trend": 6.259057, "fair_value": 6.139781, "relative_strength": 1.598917, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 82.395662, "energy": 90.880267, "activity_lines": [ 6.50262, 6.408833, 6.28724, 6.269935 ] }, { "date": "2024-01-05", "close": 6.5825, "volume": 10774, "typical_volume": 96030.4, "trend": 6.272113, "fair_value": 6.144451, "relative_strength": 2.834605, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 78.970762, "energy": 91.299207, "activity_lines": [ 6.540807, 6.457778, 6.320289, 6.290802 ] }, { "date": "2024-01-12", "close": 6.6443, "volume": 1067569, "typical_volume": 148496.5, "trend": 6.28286, "fair_value": 6.149796, "relative_strength": 3.318707, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 83.128787, "energy": 93.002033, "activity_lines": [ 6.58622, 6.506144, 6.357305, 6.314814 ] }, { "date": "2024-01-19", "close": 6.6107, "volume": 264331, "typical_volume": 161481.65, "trend": 6.29607, "fair_value": 6.154742, "relative_strength": 3.102241, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 71.364529, "energy": 88.353986, "activity_lines": [ 6.602873, 6.539871, 6.389003, 6.335965 ] }, { "date": "2024-01-26", "close": 6.6743, "volume": 3658, "typical_volume": 159378.95, "trend": 6.30866, "fair_value": 6.160779, "relative_strength": -0.858826, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 79.658659, "energy": 89.788425, "activity_lines": [ 6.632013, 6.576055, 6.425187, 6.360367 ] }, { "date": "2024-02-02", "close": 6.6922, "volume": 127403, "typical_volume": 98552.1, "trend": 6.324347, "fair_value": 6.166332, "relative_strength": -1.188896, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 79.348198, "energy": 90.602931, "activity_lines": [ 6.657427, 6.607649, 6.461046, 6.385112 ] }, { "date": "2024-02-09", "close": 6.6417, "volume": 30347, "typical_volume": 100056.6, "trend": 6.334233, "fair_value": 6.17126, "relative_strength": -5.247979, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.547084, "energy": 76.400793, "activity_lines": [ 6.657727, 6.623527, 6.490144, 6.405586 ] }, { "date": "2024-02-16", "close": 6.6965, "volume": 291513, "typical_volume": 109911.15, "trend": 6.342987, "fair_value": 6.176923, "relative_strength": -5.145105, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 74.983857, "energy": 78.966937, "activity_lines": [ 6.672347, 6.644645, 6.5224, 6.428958 ] }, { "date": "2024-02-23", "close": 6.7879, "volume": 52298, "typical_volume": 112201.1, "trend": 6.355083, "fair_value": 6.184163, "relative_strength": -3.500458, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 86.688558, "energy": 85.012917, "activity_lines": [ 6.713953, 6.676644, 6.560432, 6.457662 ] }, { "date": "2024-03-01", "close": 6.7588, "volume": 6911, "typical_volume": 109475.15, "trend": 6.370217, "fair_value": 6.191758, "relative_strength": -3.835273, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 74.77463, "energy": 68.794233, "activity_lines": [ 6.734047, 6.697753, 6.591989, 6.483708 ] }, { "date": "2024-03-08", "close": 6.8638, "volume": 8568, "typical_volume": 108751.95, "trend": 6.38875, "fair_value": 6.198772, "relative_strength": -3.239147, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 86.986617, "energy": 74.855048, "activity_lines": [ 6.783507, 6.733773, 6.630335, 6.515552 ] }, { "date": "2024-03-15", "close": 6.8191, "volume": 47815, "typical_volume": 110960.55, "trend": 6.410063, "fair_value": 6.205167, "relative_strength": -2.688403, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 72.052671, "energy": 80.421801, "activity_lines": [ 6.806627, 6.756287, 6.660317, 6.543317 ] }, { "date": "2024-03-22", "close": 6.8879, "volume": 8901, "typical_volume": 110277.35, "trend": 6.433007, "fair_value": 6.211625, "relative_strength": -4.4072, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 82.772367, "energy": 79.256903, "activity_lines": [ 6.840853, 6.787009, 6.69263, 6.574145 ] }, { "date": "2024-03-29", "close": 6.9403, "volume": 6746, "typical_volume": 109570.1, "trend": 6.455, "fair_value": 6.218197, "relative_strength": -4.220623, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 85.759251, "energy": 84.472102, "activity_lines": [ 6.879787, 6.822829, 6.72654, 6.606874 ] }, { "date": "2024-04-05", "close": 6.8314, "volume": 7580, "typical_volume": 109942.45, "trend": 6.47444, "fair_value": 6.223575, "relative_strength": -5.510857, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.291568, "energy": 66.099361, "activity_lines": [ 6.87226, 6.832856, 6.746124, 6.631158 ] }, { "date": "2024-04-12", "close": 6.7092, "volume": 34135, "typical_volume": 110527.35, "trend": 6.488663, "fair_value": 6.227531, "relative_strength": -7.365693, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.066893, "energy": 56.923305, "activity_lines": [ 6.81916, 6.817809, 6.751268, 6.646303 ] }, { "date": "2024-04-19", "close": 6.6601, "volume": 20440, "typical_volume": 111282.65, "trend": 6.503707, "fair_value": 6.23101, "relative_strength": -5.426921, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 44.367027, "energy": 33.877649, "activity_lines": [ 6.76, 6.793525, 6.749942, 6.657364 ] }, { "date": "2024-04-26", "close": 6.7158, "volume": 6429, "typical_volume": 110877.65, "trend": 6.524853, "fair_value": 6.235387, "relative_strength": -6.930824, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 33.200409, "energy": 29.771161, "activity_lines": [ 6.730007, 6.779035, 6.752597, 6.671047 ] }, { "date": "2024-05-03", "close": 6.7379, "volume": 105383, "typical_volume": 110402.6, "trend": 6.549113, "fair_value": 6.23903, "relative_strength": -6.958289, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 27.120668, "energy": 29.072856, "activity_lines": [ 6.718853, 6.768211, 6.755762, 6.684792 ] }, { "date": "2024-05-10", "close": 6.8805, "volume": 99451, "typical_volume": 113559.3, "trend": 6.575647, "fair_value": 6.243819, "relative_strength": -7.223121, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 54.242787, "energy": 26.246892, "activity_lines": [ 6.768727, 6.784224, 6.77128, 6.706172 ] }, { "date": "2024-05-17", "close": 6.9374, "volume": 2236, "typical_volume": 110124.4, "trend": 6.606843, "fair_value": 6.248725, "relative_strength": -6.60233, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 75.438588, "energy": 49.699789, "activity_lines": [ 6.834293, 6.808369, 6.790542, 6.729511 ] }, { "date": "2024-05-24", "close": 6.8808, "volume": 11141, "typical_volume": 110142.75, "trend": 6.63845, "fair_value": 6.253162, "relative_strength": -7.462015, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 62.749061, "energy": 54.570366, "activity_lines": [ 6.86578, 6.820885, 6.802655, 6.747186 ] }, { "date": "2024-05-31", "close": 6.7968, "volume": 65599, "typical_volume": 60044.25, "trend": 6.65917, "fair_value": 6.256885, "relative_strength": -7.294876, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 56.881736, "energy": 47.885874, "activity_lines": [ 6.854553, 6.817007, 6.805347, 6.757402 ] }, { "date": "2024-06-07", "close": 6.9044, "volume": 2468629, "typical_volume": 170259.15, "trend": 6.685657, "fair_value": 6.260994, "relative_strength": -7.728098, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 64.527813, "energy": 53.672898, "activity_lines": [ 6.873793, 6.834349, 6.817561, 6.773223 ] }, { "date": "2024-06-14", "close": 6.8331, "volume": 120503, "typical_volume": 176101.4, "trend": 6.70533, "fair_value": 6.265433, "relative_strength": -8.02257, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 52.846562, "energy": 33.889389, "activity_lines": [ 6.858167, 6.83938, 6.821586, 6.782735 ] }, { "date": "2024-06-21", "close": 6.8936, "volume": 7535, "typical_volume": 170108.0, "trend": 6.724023, "fair_value": 6.269701, "relative_strength": -7.693626, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 58.586309, "energy": 34.023267, "activity_lines": [ 6.865867, 6.85538, 6.830616, 6.794882 ] }, { "date": "2024-06-28", "close": 6.9142, "volume": 180814, "typical_volume": 177631.35, "trend": 6.741767, "fair_value": 6.273755, "relative_strength": -7.135314, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 61.594184, "energy": 39.012278, "activity_lines": [ 6.883353, 6.871773, 6.84065, 6.807151 ] }, { "date": "2024-07-05", "close": 6.9053, "volume": 4279, "typical_volume": 163269.65, "trend": 6.759247, "fair_value": 6.277428, "relative_strength": -8.050123, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 57.009367, "energy": 36.840483, "activity_lines": [ 6.895647, 6.881927, 6.848538, 6.817702 ] }, { "date": "2024-07-12", "close": 7.084, "volume": 326320, "typical_volume": 176970.75, "trend": 6.77938, "fair_value": 6.282027, "relative_strength": -6.638812, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 84.205056, "energy": 72.292467, "activity_lines": [ 6.960273, 6.921127, 6.87245, 6.838654 ] }, { "date": "2024-07-19", "close": 7.0668, "volume": 5695, "typical_volume": 176909.95, "trend": 6.79731, "fair_value": 6.286294, "relative_strength": -2.883444, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 77.355514, "energy": 78.409945, "activity_lines": [ 7.007193, 6.950907, 6.893315, 6.857197 ] }, { "date": "2024-07-26", "close": 7.1253, "volume": 29089, "typical_volume": 177936.0, "trend": 6.815887, "fair_value": 6.290794, "relative_strength": -1.953025, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 81.859456, "energy": 85.341581, "activity_lines": [ 7.058033, 6.987936, 6.918285, 6.878358 ] }, { "date": "2024-08-02", "close": 7.0467, "volume": 38240, "typical_volume": 177457.25, "trend": 6.83136, "fair_value": 6.294624, "relative_strength": 0.058752, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.518642, "energy": 77.355584, "activity_lines": [ 7.067227, 7.007258, 6.934523, 6.893249 ] }, { "date": "2024-08-09", "close": 7.0689, "volume": 135379, "typical_volume": 183781.15, "trend": 6.845513, "fair_value": 6.298179, "relative_strength": -0.074864, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.083934, "energy": 67.652468, "activity_lines": [ 7.074987, 7.0276, 6.951792, 6.908574 ] }, { "date": "2024-08-16", "close": 7.2386, "volume": 3072, "typical_volume": 183597.45, "trend": 6.866443, "fair_value": 6.302641, "relative_strength": -0.095987, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 82.535078, "energy": 70.042398, "activity_lines": [ 7.128407, 7.073849, 6.984361, 6.933934 ] }, { "date": "2024-08-23", "close": 7.4204, "volume": 39859, "typical_volume": 185211.4, "trend": 6.891313, "fair_value": 6.30827, "relative_strength": 2.157696, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 90.714665, "energy": 86.226513, "activity_lines": [ 7.23212, 7.147076, 7.032824, 6.969674 ] }, { "date": "2024-08-30", "close": 7.4635, "volume": 4385, "typical_volume": 183723.9, "trend": 6.917023, "fair_value": 6.313678, "relative_strength": 1.693308, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 88.876189, "energy": 94.761171, "activity_lines": [ 7.326627, 7.217462, 7.082587, 7.006589 ] }, { "date": "2024-09-06", "close": 7.4199, "volume": 37875, "typical_volume": 184595.65, "trend": 6.942963, "fair_value": 6.319362, "relative_strength": 5.629848, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 74.622435, "energy": 90.592834, "activity_lines": [ 7.384053, 7.269558, 7.124606, 7.039032 ] }, { "date": "2024-09-13", "close": 7.5097, "volume": 7098, "typical_volume": 184629.1, "trend": 6.97007, "fair_value": 6.326009, "relative_strength": 4.525998, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 80.701621, "energy": 92.73371, "activity_lines": [ 7.446533, 7.328787, 7.171559, 7.075596 ] }, { "date": "2024-09-20", "close": 7.5121, "volume": 8339, "typical_volume": 179776.9, "trend": 6.99421, "fair_value": 6.332942, "relative_strength": 4.832191, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 76.072044, "energy": 90.413142, "activity_lines": [ 7.480427, 7.377464, 7.21496, 7.110566 ] }, { "date": "2024-09-27", "close": 7.5803, "volume": 125792, "typical_volume": 181093.95, "trend": 7.021593, "fair_value": 6.341497, "relative_strength": 3.512113, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 81.595923, "energy": 87.536614, "activity_lines": [ 7.51882, 7.430756, 7.261169, 7.148378 ] }, { "date": "2024-10-04", "close": 7.453, "volume": 118154, "typical_volume": 186889.85, "trend": 7.041233, "fair_value": 6.34874, "relative_strength": 2.424892, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.485387, "energy": 66.448025, "activity_lines": [ 7.50412, 7.451567, 7.291922, 7.176211 ] }, { "date": "2024-10-11", "close": 7.5259, "volume": 56254, "typical_volume": 189145.5, "trend": 7.064793, "fair_value": 6.355976, "relative_strength": 2.976556, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 69.527833, "energy": 66.274644, "activity_lines": [ 7.51442, 7.479675, 7.327163, 7.20748 ] }, { "date": "2024-10-18", "close": 7.5766, "volume": 169125, "typical_volume": 194321.8, "trend": 7.08775, "fair_value": 6.363072, "relative_strength": 5.108557, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 75.770666, "energy": 67.92796, "activity_lines": [ 7.534553, 7.508287, 7.364161, 7.240499 ] }, { "date": "2024-10-25", "close": 7.4384, "volume": 1455, "typical_volume": 70963.1, "trend": 7.104353, "fair_value": 6.369169, "relative_strength": 3.72588, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.798427, "energy": 57.294383, "activity_lines": [ 7.50416, 7.502542, 7.384283, 7.263122 ] }, { "date": "2024-11-01", "close": 7.3841, "volume": 2074, "typical_volume": 65041.65, "trend": 7.122777, "fair_value": 6.374617, "relative_strength": 4.747534, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 49.922765, "energy": 46.525318, "activity_lines": [ 7.46058, 7.483291, 7.396691, 7.28117 ] }, { "date": "2024-11-08", "close": 7.5461, "volume": 3789, "typical_volume": 64854.35, "trend": 7.150673, "fair_value": 6.380878, "relative_strength": 8.085469, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 59.884495, "energy": 47.172936, "activity_lines": [ 7.48408, 7.494155, 7.421904, 7.308481 ] }, { "date": "2024-11-15", "close": 7.3961, "volume": 22175, "typical_volume": 56922.4, "trend": 7.175207, "fair_value": 6.386193, "relative_strength": 7.282294, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 42.88192, "energy": 29.482457, "activity_lines": [ 7.451373, 7.476244, 7.429724, 7.324315 ] }, { "date": "2024-11-22", "close": 7.5449, "volume": 83835, "typical_volume": 60900.2, "trend": 7.202843, "fair_value": 6.393249, "relative_strength": 7.210098, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 56.619633, "energy": 37.486913, "activity_lines": [ 7.47692, 7.48582, 7.449421, 7.348166 ] }, { "date": "2024-11-29", "close": 7.6653, "volume": 6301, "typical_volume": 44899.25, "trend": 7.233757, "fair_value": 6.401467, "relative_strength": 8.572887, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 79.521617, "energy": 56.435393, "activity_lines": [ 7.544713, 7.516647, 7.477539, 7.378002 ] }, { "date": "2024-12-06", "close": 7.6404, "volume": 84002, "typical_volume": 48814.6, "trend": 7.259087, "fair_value": 6.408431, "relative_strength": 6.909204, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 72.165282, "energy": 57.054192, "activity_lines": [ 7.58908, 7.540162, 7.500517, 7.404237 ] }, { "date": "2024-12-13", "close": 7.4988, "volume": 162977, "typical_volume": 55509.0, "trend": 7.2778, "fair_value": 6.414186, "relative_strength": 4.651344, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 60.915208, "energy": 51.274237, "activity_lines": [ 7.56916, 7.536838, 7.507278, 7.419703 ] }, { "date": "2024-12-20", "close": 7.3065, "volume": 43140, "typical_volume": 55754.0, "trend": 7.29199, "fair_value": 6.418386, "relative_strength": 4.0686, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 19.687867, "energy": 20.21074, "activity_lines": [ 7.488293, 7.497718, 7.493946, 7.421554 ] }, { "date": "2024-12-27", "close": 7.3287, "volume": 3889, "typical_volume": 49179.5, "trend": 7.30972, "fair_value": 6.422126, "relative_strength": 3.883449, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": -0.826858, "energy": 11.451563, "activity_lines": [ 7.4208, 7.466624, 7.481491, 7.423923 ] }, { "date": "2025-01-03", "close": 7.3019, "volume": 22140, "typical_volume": 50132.9, "trend": 7.32297, "fair_value": 6.42705, "relative_strength": 2.980447, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": -8.183524, "energy": 27.333581, "activity_lines": [ 7.358787, 7.435164, 7.465247, 7.423418 ] }, { "date": "2025-01-10", "close": 7.1948, "volume": 18328, "typical_volume": 49056.35, "trend": 7.335027, "fair_value": 6.431862, "relative_strength": 0.920113, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "mixed", "direction": -39.231244, "energy": 44.779944, "activity_lines": [ 7.2853, 7.386713, 7.438501, 7.415149 ] }, { "date": "2025-01-17", "close": 7.3877, "volume": 41677, "typical_volume": 50920.95, "trend": 7.351497, "fair_value": 6.438196, "relative_strength": 1.011013, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -22.340071, "energy": 43.574715, "activity_lines": [ 7.30582, 7.376776, 7.431201, 7.418548 ] }, { "date": "2025-01-24", "close": 7.4604, "volume": 37206, "typical_volume": 50887.5, "trend": 7.369703, "fair_value": 6.446335, "relative_strength": 3.437425, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -10.670971, "energy": 21.033825, "activity_lines": [ 7.35798, 7.382938, 7.431186, 7.425574 ] }, { "date": "2025-01-31", "close": 7.5594, "volume": 60539, "typical_volume": 53559.55, "trend": 7.391507, "fair_value": 6.454353, "relative_strength": 2.451422, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 41.851925, "energy": 18.655345, "activity_lines": [ 7.43288, 7.405931, 7.440406, 7.437812 ] }, { "date": "2025-02-07", "close": 7.5493, "volume": 99624, "typical_volume": 58123.8, "trend": 7.407017, "fair_value": 6.462357, "relative_strength": 1.984272, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 46.431522, "energy": 34.134728, "activity_lines": [ 7.489033, 7.426824, 7.448428, 7.447992 ] }, { "date": "2025-02-14", "close": 7.6302, "volume": 7388, "typical_volume": 52203.6, "trend": 7.425797, "fair_value": 6.471484, "relative_strength": 0.564033, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 67.702113, "energy": 48.42301, "activity_lines": [ 7.55566, 7.464535, 7.463978, 7.462391 ] }, { "date": "2025-02-21", "close": 7.6381, "volume": 20386, "typical_volume": 47315.2, "trend": 7.44289, "fair_value": 6.480779, "relative_strength": 1.587184, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 69.557587, "energy": 68.331785, "activity_lines": [ 7.595893, 7.503867, 7.480042, 7.476088 ] }, { "date": "2025-02-28", "close": 7.6673, "volume": 43437, "typical_volume": 46674.35, "trend": 7.463577, "fair_value": 6.49026, "relative_strength": 3.607532, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 71.848834, "energy": 74.669197, "activity_lines": [ 7.629167, 7.545976, 7.498006, 7.490566 ] }, { "date": "2025-03-07", "close": 7.7279, "volume": 4096, "typical_volume": 38422.9, "trend": 7.485543, "fair_value": 6.500489, "relative_strength": 5.508119, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 76.161442, "energy": 77.091341, "activity_lines": [ 7.668847, 7.592544, 7.521068, 7.507619 ] }, { "date": "2025-03-14", "close": 7.6198, "volume": 76371, "typical_volume": 42168.7, "trend": 7.49825, "fair_value": 6.508689, "relative_strength": 4.58604, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 62.162048, "energy": 62.336444, "activity_lines": [ 7.66126, 7.612198, 7.533114, 7.516281 ] }, { "date": "2025-03-21", "close": 7.6676, "volume": 401057, "typical_volume": 62117.85, "trend": 7.50649, "fair_value": 6.517046, "relative_strength": 4.054012, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 62.579635, "energy": 53.631581, "activity_lines": [ 7.664907, 7.634764, 7.548849, 7.527207 ] }, { "date": "2025-03-28", "close": 7.7231, "volume": 18836, "typical_volume": 62870.2, "trend": 7.515143, "fair_value": 6.525322, "relative_strength": 5.497209, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 69.240636, "energy": 50.569008, "activity_lines": [ 7.68456, 7.658824, 7.568519, 7.541182 ] }, { "date": "2025-04-04", "close": 7.49, "volume": 167456, "typical_volume": 70134.25, "trend": 7.51748, "fair_value": 6.53143, "relative_strength": 10.05975, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 32.859332, "energy": 21.908387, "activity_lines": [ 7.620847, 7.634404, 7.565147, 7.53956 ] }, { "date": "2025-04-11", "close": 7.4301, "volume": 210000, "typical_volume": 76442.5, "trend": 7.514827, "fair_value": 6.537732, "relative_strength": 11.68364, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 14.414489, "energy": 13.178509, "activity_lines": [ 7.548987, 7.598555, 7.555622, 7.533922 ] }, { "date": "2025-04-18", "close": 7.6387, "volume": 25255, "typical_volume": 77390.2, "trend": 7.519047, "fair_value": 6.54619, "relative_strength": 10.103443, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 35.16127, "energy": 20.603579, "activity_lines": [ 7.566513, 7.602984, 7.566511, 7.541914 ] }, { "date": "2025-04-25", "close": 7.6475, "volume": 114968, "typical_volume": 78938.5, "trend": 7.521287, "fair_value": 6.555524, "relative_strength": 7.331398, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 36.446506, "energy": 22.200738, "activity_lines": [ 7.585713, 7.607387, 7.578365, 7.550201 ] }, { "date": "2025-05-02", "close": 7.8156, "volume": 50377, "typical_volume": 73308.5, "trend": 7.533373, "fair_value": 6.567087, "relative_strength": 6.382022, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.323229, "energy": 34.170191, "activity_lines": [ 7.662287, 7.64204, 7.606195, 7.569189 ] }, { "date": "2025-05-09", "close": 7.8041, "volume": 2525091, "typical_volume": 197406.05, "trend": 7.542647, "fair_value": 6.579017, "relative_strength": 5.012758, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.322103, "energy": 62.523516, "activity_lines": [ 7.72886, 7.671375, 7.63142, 7.586655 ] }, { "date": "2025-05-16", "close": 7.8651, "volume": 139016, "typical_volume": 204162.4, "trend": 7.552263, "fair_value": 6.592119, "relative_strength": 2.767801, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 70.633386, "energy": 71.832328, "activity_lines": [ 7.794827, 7.709313, 7.660086, 7.607459 ] }, { "date": "2025-05-23", "close": 7.8383, "volume": 7415, "typical_volume": 203426.15, "trend": 7.565593, "fair_value": 6.60331, "relative_strength": 3.677101, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.823985, "energy": 71.11798, "activity_lines": [ 7.82286, 7.739884, 7.683645, 7.625913 ] }, { "date": "2025-05-30", "close": 7.8997, "volume": 301918, "typical_volume": 217605.65, "trend": 7.58278, "fair_value": 6.615315, "relative_strength": 3.611175, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 69.768525, "energy": 71.729218, "activity_lines": [ 7.858053, 7.777645, 7.710498, 7.647468 ] }, { "date": "2025-06-06", "close": 7.9205, "volume": 642241, "typical_volume": 247633.85, "trend": 7.59526, "fair_value": 6.628903, "relative_strength": 2.852359, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 69.775312, "energy": 68.535971, "activity_lines": [ 7.883367, 7.814969, 7.735974, 7.669257 ] }, { "date": "2025-06-13", "close": 7.931, "volume": 9410, "typical_volume": 246244.05, "trend": 7.61309, "fair_value": 6.644015, "relative_strength": 3.526168, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.8632, "energy": 65.276822, "activity_lines": [ 7.905187, 7.850613, 7.759914, 7.690917 ] }, { "date": "2025-06-20", "close": 7.8362, "volume": 96994, "typical_volume": 248066.8, "trend": 7.6228, "fair_value": 6.656806, "relative_strength": 3.594396, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.478727, "energy": 48.818516, "activity_lines": [ 7.886947, 7.861002, 7.772584, 7.705311 ] }, { "date": "2025-06-27", "close": 7.9339, "volume": 3418, "typical_volume": 243256.5, "trend": 7.631753, "fair_value": 6.67046, "relative_strength": 3.28985, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.222695, "energy": 46.52526, "activity_lines": [ 7.9032, 7.881771, 7.79324, 7.725382 ] }, { "date": "2025-07-04", "close": 7.9711, "volume": 28881, "typical_volume": 244331.15, "trend": 7.642777, "fair_value": 6.683939, "relative_strength": 4.777745, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.865183, "energy": 47.628757, "activity_lines": [ 7.92548, 7.903936, 7.815609, 7.747276 ] }, { "date": "2025-07-11", "close": 7.8726, "volume": 60443, "typical_volume": 246334.0, "trend": 7.655237, "fair_value": 6.697288, "relative_strength": 1.772946, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 57.941173, "energy": 41.429897, "activity_lines": [ 7.910167, 7.902309, 7.826972, 7.762103 ] }, { "date": "2025-07-18", "close": 7.8694, "volume": 96518, "typical_volume": 248988.05, "trend": 7.674, "fair_value": 6.71019, "relative_strength": 2.609291, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 46.853877, "energy": 36.39535, "activity_lines": [ 7.89698, 7.899064, 7.836915, 7.77592 ] }, { "date": "2025-07-25", "close": 7.927, "volume": 75078, "typical_volume": 252537.15, "trend": 7.693943, "fair_value": 6.722751, "relative_strength": 3.887163, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 58.951656, "energy": 38.803303, "activity_lines": [ 7.9071, 7.905104, 7.85138, 7.792243 ] }, { "date": "2025-08-01", "close": 7.7694, "volume": 256601, "typical_volume": 261548.65, "trend": 7.709527, "fair_value": 6.734483, "relative_strength": 3.999669, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 30.447487, "energy": 17.483631, "activity_lines": [ 7.858633, 7.881364, 7.849889, 7.797111 ] }, { "date": "2025-08-08", "close": 7.8826, "volume": 99297, "typical_volume": 246460.65, "trend": 7.732453, "fair_value": 6.746058, "relative_strength": 4.546379, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 35.579545, "energy": 17.92961, "activity_lines": [ 7.858867, 7.879458, 7.858465, 7.808277 ] }, { "date": "2025-08-15", "close": 7.9501, "volume": 108236, "typical_volume": 250930.65, "trend": 7.7512, "fair_value": 6.758027, "relative_strength": 4.712401, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 49.927268, "energy": 26.944187, "activity_lines": [ 7.8875, 7.890136, 7.872447, 7.822318 ] }, { "date": "2025-08-22", "close": 8.0732, "volume": 44473, "typical_volume": 244781.5, "trend": 7.771627, "fair_value": 6.771678, "relative_strength": 4.176409, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 75.540895, "energy": 45.555182, "activity_lines": [ 7.952, 7.922658, 7.897071, 7.843093 ] }, { "date": "2025-08-29", "close": 7.9466, "volume": 149974, "typical_volume": 241780.2, "trend": 7.784533, "fair_value": 6.785223, "relative_strength": 4.232542, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 56.08494, "energy": 51.384372, "activity_lines": [ 7.960713, 7.929576, 7.906861, 7.854381 ] }, { "date": "2025-09-05", "close": 7.9475, "volume": 53357, "typical_volume": 243185.3, "trend": 7.797807, "fair_value": 6.798439, "relative_strength": 3.910211, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 54.35488, "energy": 53.184885, "activity_lines": [ 7.96842, 7.934651, 7.914277, 7.864895 ] }, { "date": "2025-09-12", "close": 7.9925, "volume": 5005, "typical_volume": 237687.15, "trend": 7.809883, "fair_value": 6.813354, "relative_strength": 3.220688, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 59.42665, "energy": 53.574768, "activity_lines": [ 7.979253, 7.94766, 7.924509, 7.877456 ] }, { "date": "2025-09-19", "close": 7.9064, "volume": 34406, "typical_volume": 236888.6, "trend": 7.818827, "fair_value": 6.828915, "relative_strength": -0.232423, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 49.765226, "energy": 29.267466, "activity_lines": [ 7.95406, 7.944625, 7.924897, 7.883683 ] }, { "date": "2025-09-26", "close": 7.8995, "volume": 229439, "typical_volume": 122106.0, "trend": 7.826567, "fair_value": 6.844758, "relative_strength": -1.247635, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 35.35262, "energy": 18.818498, "activity_lines": [ 7.92948, 7.939722, 7.924196, 7.888888 ] }, { "date": "2025-10-03", "close": 8.0143, "volume": 419797, "typical_volume": 136145.05, "trend": 7.836113, "fair_value": 6.861483, "relative_strength": -2.261298, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 50.605833, "energy": 26.713765, "activity_lines": [ 7.954747, 7.955144, 7.933974, 7.901 ] }, { "date": "2025-10-10", "close": 7.9283, "volume": 698361, "typical_volume": 170692.35, "trend": 7.846397, "fair_value": 6.877909, "relative_strength": -1.193582, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 34.974906, "energy": 17.10965, "activity_lines": [ 7.946833, 7.953342, 7.934851, 7.906947 ] }, { "date": "2025-10-17", "close": 7.9385, "volume": 114810, "typical_volume": 161336.95, "trend": 7.855427, "fair_value": 6.894069, "relative_strength": -2.642491, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 34.882994, "energy": 18.1884, "activity_lines": [ 7.9436, 7.950505, 7.936271, 7.912889 ] }, { "date": "2025-10-24", "close": 7.9904, "volume": 3533, "typical_volume": 129401.55, "trend": 7.864337, "fair_value": 6.908851, "relative_strength": -4.29475, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 53.910785, "energy": 29.778095, "activity_lines": [ 7.961267, 7.956089, 7.94245, 7.921597 ] }, { "date": "2025-10-31", "close": 7.8632, "volume": 6814, "typical_volume": 129271.75, "trend": 7.876777, "fair_value": 6.923347, "relative_strength": -5.034014, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 15.444497, "energy": 8.245251, "activity_lines": [ 7.930933, 7.937813, 7.93618, 7.921524 ] }, { "date": "2025-11-07", "close": 7.8568, "volume": 109287, "typical_volume": 129886.4, "trend": 7.891, "fair_value": 6.936099, "relative_strength": -2.96571, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 2.122606, "energy": 8.828828, "activity_lines": [ 7.900887, 7.922191, 7.929625, 7.920235 ] }, { "date": "2025-11-14", "close": 8.0354, "volume": 5960, "typical_volume": 130013.5, "trend": 7.904223, "fair_value": 6.94964, "relative_strength": -0.849836, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 56.472705, "energy": 21.334324, "activity_lines": [ 7.940873, 7.940675, 7.93998, 7.929551 ] }, { "date": "2025-11-21", "close": 7.976, "volume": 31568, "typical_volume": 130147.85, "trend": 7.915173, "fair_value": 6.961954, "relative_strength": 1.089574, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 44.359701, "energy": 17.392192, "activity_lines": [ 7.95392, 7.94676, 7.944196, 7.934182 ] }, { "date": "2025-11-28", "close": 8.108, "volume": 7949, "typical_volume": 127523.15, "trend": 7.92492, "fair_value": 6.97479, "relative_strength": 0.968119, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 70.18375, "energy": 56.066744, "activity_lines": [ 8.008467, 7.977145, 7.960959, 7.946622 ] }, { "date": "2025-12-05", "close": 8.057, "volume": 16956, "typical_volume": 123545.05, "trend": 7.93335, "fair_value": 6.987486, "relative_strength": -0.089596, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 60.025333, "energy": 62.304651, "activity_lines": [ 8.038173, 7.994593, 7.971744, 7.955144 ] }, { "date": "2025-12-12", "close": 8.0577, "volume": 151275, "typical_volume": 127354.9, "trend": 7.93977, "fair_value": 7.001187, "relative_strength": 0.71847, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 58.714842, "energy": 63.513843, "activity_lines": [ 8.055193, 8.009304, 7.981703, 7.963166 ] }, { "date": "2025-12-19", "close": 8.0789, "volume": 7515, "typical_volume": 114900.6, "trend": 7.94779, "fair_value": 7.014836, "relative_strength": 0.40205, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.02273, "energy": 66.896886, "activity_lines": [ 8.065887, 8.02708, 7.993058, 7.972142 ] }, { "date": "2025-12-26", "close": 8.0913, "volume": 12131, "typical_volume": 110542.3, "trend": 7.954177, "fair_value": 7.028285, "relative_strength": 0.839939, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.254266, "energy": 58.96442, "activity_lines": [ 8.077813, 8.044373, 8.00412, 7.981401 ] }, { "date": "2026-01-02", "close": 8.0223, "volume": 5719, "typical_volume": 105416.45, "trend": 7.95757, "fair_value": 7.041436, "relative_strength": -2.737277, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 54.817717, "energy": 33.758324, "activity_lines": [ 8.059053, 8.046342, 8.007618, 7.985796 ] }, { "date": "2026-01-09", "close": 8.0873, "volume": 12242, "typical_volume": 103804.9, "trend": 7.96278, "fair_value": 7.053755, "relative_strength": -4.013513, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 58.936157, "energy": 34.639789, "activity_lines": [ 8.067673, 8.059549, 8.016961, 7.994166 ] }, { "date": "2026-01-16", "close": 8.09, "volume": 84186, "typical_volume": 100515.5, "trend": 7.97124, "fair_value": 7.067116, "relative_strength": -6.060977, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 57.904307, "energy": 33.802543, "activity_lines": [ 8.075173, 8.069173, 8.026495, 8.002374 ] }, { "date": "2026-01-23", "close": 8.0649, "volume": 11246, "typical_volume": 98409.95, "trend": 7.975607, "fair_value": 7.079697, "relative_strength": -5.36213, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 51.447082, "energy": 28.507111, "activity_lines": [ 8.072153, 8.069993, 8.032956, 8.008416 ] }, { "date": "2026-01-30", "close": 8.0945, "volume": 22581, "typical_volume": 99288.75, "trend": 7.97972, "fair_value": 7.092108, "relative_strength": -5.134554, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 56.526871, "energy": 33.593946, "activity_lines": [ 8.079933, 8.075658, 8.041676, 8.016087 ] }, { "date": "2026-02-06", "close": 8.25, "volume": 27269, "typical_volume": 98931.9, "trend": 7.9923, "fair_value": 7.106238, "relative_strength": -2.726323, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 77.861517, "energy": 61.066335, "activity_lines": [ 8.139333, 8.107442, 8.06472, 8.033524 ] }, { "date": "2026-02-13", "close": 8.3257, "volume": 66402, "typical_volume": 90780.05, "trend": 8.00751, "fair_value": 7.120742, "relative_strength": -1.75291, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 86.241177, "energy": 81.969412, "activity_lines": [ 8.208787, 8.150407, 8.093338, 8.055034 ] }, { "date": "2026-02-20", "close": 8.2594, "volume": 19249, "typical_volume": 70752.65, "trend": 8.01859, "fair_value": 7.135767, "relative_strength": -4.811958, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 70.564634, "energy": 81.376937, "activity_lines": [ 8.240247, 8.176433, 8.113612, 8.071285 ] }, { "date": "2026-02-27", "close": 8.387, "volume": 26093, "typical_volume": 37139.25, "trend": 8.039177, "fair_value": 7.15136, "relative_strength": -4.189835, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 86.208571, "energy": 93.51349, "activity_lines": [ 8.302947, 8.221991, 8.144871, 8.095053 ] }, { "date": "2026-03-06", "close": 8.1881, "volume": 59550, "typical_volume": 34376.25, "trend": 8.04936, "fair_value": 7.166074, "relative_strength": -1.979906, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.658904, "energy": 77.639094, "activity_lines": [ 8.277873, 8.225784, 8.155003, 8.104661 ] }, { "date": "2026-03-13", "close": 8.1166, "volume": 4622, "typical_volume": 34430.7, "trend": 8.05491, "fair_value": 7.180378, "relative_strength": -4.837216, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 58.596666, "energy": 43.130559, "activity_lines": [ 8.222727, 8.214816, 8.157137, 8.108999 ] }, { "date": "2026-03-20", "close": 7.9609, "volume": 10250, "typical_volume": 34602.5, "trend": 8.051167, "fair_value": 7.193401, "relative_strength": -2.753753, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 9.049514, "energy": 12.269596, "activity_lines": [ 8.124573, 8.173825, 8.143841, 8.102934 ] }, { "date": "2026-03-27", "close": 7.8811, "volume": 31864, "typical_volume": 30731.35, "trend": 8.048983, "fair_value": 7.20461, "relative_strength": -3.522129, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -36.058691, "energy": 38.670956, "activity_lines": [ 8.02414, 8.120624, 8.12248, 8.091962 ] }, { "date": "2026-04-03", "close": 8.0326, "volume": 3570, "typical_volume": 30611.85, "trend": 8.05182, "fair_value": 7.216344, "relative_strength": -3.096345, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -19.060891, "energy": 36.635808, "activity_lines": [ 7.999427, 8.098765, 8.115432, 8.090905 ] }, { "date": "2026-04-10", "close": 8.0431, "volume": 1357, "typical_volume": 29101.3, "trend": 8.053507, "fair_value": 7.227876, "relative_strength": -6.037744, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -20.254434, "energy": 35.086573, "activity_lines": [ 8.00184, 8.079404, 8.109397, 8.090342 ] }, { "date": "2026-04-17", "close": 8.117, "volume": 2630, "typical_volume": 28835.35, "trend": 8.060527, "fair_value": 7.23964, "relative_strength": -6.198275, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -12.166935, "energy": 21.812266, "activity_lines": [ 8.038553, 8.074413, 8.110081, 8.094439 ] }, { "date": "2026-04-24", "close": 8.0394, "volume": 2555, "typical_volume": 28115.3, "trend": 8.06519, "fair_value": 7.250862, "relative_strength": -6.626777, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -11.859207, "energy": 10.995001, "activity_lines": [ 8.049373, 8.057731, 8.103331, 8.093076 ] }, { "date": "2026-05-01", "close": 8.0182, "volume": 2182, "typical_volume": 20660.65, "trend": 8.06532, "fair_value": 7.261946, "relative_strength": -6.103913, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -5.389954, "energy": 7.293795, "activity_lines": [ 8.047893, 8.0424, 8.094647, 8.090044 ] }, { "date": "2026-05-08", "close": 8.016, "volume": 4901, "typical_volume": 20529.95, "trend": 8.068243, "fair_value": 7.272851, "relative_strength": -6.286292, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -14.320765, "energy": 11.807914, "activity_lines": [ 8.03654, 8.031055, 8.08594, 8.086862 ] }, { "date": "2026-05-15", "close": 8.054, "volume": 27415, "typical_volume": 21294.15, "trend": 8.072093, "fair_value": 7.284316, "relative_strength": -5.080333, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -11.75838, "energy": 13.03177, "activity_lines": [ 8.03896, 8.033364, 8.081153, 8.085943 ] }, { "date": "2026-05-22", "close": 8.169, "volume": 76730, "typical_volume": 24844.7, "trend": 8.078047, "fair_value": 7.29741, "relative_strength": -6.758156, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 9.913044, "energy": 6.677181, "activity_lines": [ 8.078987, 8.05902, 8.087495, 8.092195 ] }, { "date": "2026-05-29", "close": 8.117, "volume": 35737, "typical_volume": 26019.45, "trend": 8.086507, "fair_value": 7.309803, "relative_strength": -6.291754, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 3.73105, "energy": 7.658602, "activity_lines": [ 8.098213, 8.074269, 8.088187, 8.094708 ] }, { "date": "2026-06-05", "close": 8.117, "volume": 1893, "typical_volume": 21904.8, "trend": 8.09518, "fair_value": 7.32215, "relative_strength": -6.692581, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 7.614534, "energy": 13.4677, "activity_lines": [ 8.112267, 8.08668, 8.088737, 8.096676 ] }, { "date": "2026-06-12", "close": 8.139, "volume": 11770, "typical_volume": 21931.0, "trend": 8.098633, "fair_value": 7.333798, "relative_strength": -9.685977, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 23.673557, "energy": 22.184592, "activity_lines": [ 8.127067, 8.098802, 8.091253, 8.099503 ] }, { "date": "2026-06-19", "close": 7.966, "volume": 0, "typical_volume": 20801.95, "trend": 8.0983, "fair_value": 7.345026, "relative_strength": -11.104415, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -44.069629, "energy": 16.874462, "activity_lines": [ 8.076, 8.077535, 8.076941, 8.090946 ] }, { "date": "2026-06-26", "close": 8.082, "volume": 16, "typical_volume": 19439.3, "trend": 8.097433, "fair_value": 7.356471, "relative_strength": -8.114629, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -25.828792, "energy": 14.054028, "activity_lines": [ 8.069467, 8.07876, 8.074288, 8.089894 ] }, { "date": "2026-07-03", "close": 8.232, "volume": 1051, "typical_volume": 16171.75, "trend": 8.103267, "fair_value": 7.369358, "relative_strength": -8.098671, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 29.141936, "energy": 18.219881, "activity_lines": [ 8.118733, 8.107895, 8.086721, 8.098576 ] }, { "date": "2026-07-10", "close": 8.252, "volume": 8938, "typical_volume": 15656.2, "trend": 8.109743, "fair_value": 7.381582, "relative_strength": -7.764608, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 32.090552, "energy": 35.4398, "activity_lines": [ 8.167, 8.137164, 8.101505, 8.108172 ] }, { "date": "2026-07-17", "close": 8.304, "volume": 31791, "typical_volume": 15941.1, "trend": 8.117247, "fair_value": 7.39357, "relative_strength": -7.620487, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 76.719296, "energy": 73.713543, "activity_lines": [ 8.2236, 8.171636, 8.121276, 8.120704 ] }, { "date": "2026-07-24", "close": 8.285, "volume": 22449, "typical_volume": 14086.05, "trend": 8.123703, "fair_value": 7.405493, "relative_strength": -7.418889, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 67.21884, "energy": 75.976152, "activity_lines": [ 8.262867, 8.197418, 8.139633, 8.131527 ] }, { "date": "2026-07-31", "close": 8.395, "volume": 15752, "typical_volume": 14642.55, "trend": 8.136127, "fair_value": 7.418892, "relative_strength": -6.720053, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 79.616321, "energy": 81.234741, "activity_lines": [ 8.317533, 8.239, 8.168005, 8.14903 ] }, { "date": "2026-08-07", "close": 8.52, "volume": 4555, "typical_volume": 14357.8, "trend": 8.15055, "fair_value": 7.433072, "relative_strength": -6.118207, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 87.683314, "energy": 87.698901, "activity_lines": [ 8.393, 8.2992, 8.206956, 8.173796 ] } ], "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." } } }