{ "ticker": { "uuid": "b9861466-9637-4e63-b411-114d98995be4", "symbol": "TYO", "name": "DIREXION DAILY 7-10 YEAR TREASURY BEAR 3X ETF", "exchange": "NYSEARCA", "country": "US", "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": "SPY", "stage": 2, "stage_name": "Advancing", "phase": "2b", "phase_label": "Stage 2B \u00b7 Advancing", "transition": "stage_2_healthy", "transition_label": "Stage 2 trend intact", "confidence": 79.895, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Re-accelerating", "architecture_gate": "up", "architecture_direction": 62.783, "architecture_energy": 68.596, "architecture_maturity": 12.576, "architecture_confidence": 69.37, "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": 15.29, "rotation_up": 71.21, "upward_expansion": 91.03, "deceleration": 42.84, "rotation_down": 11.77, "downward_expansion": 15.37 }, "activity_lines": [ 14.5614, 14.370888, 14.187197, 14.001516 ], "activity_state": "Wide", "activity_direction": "Expanding", "rotation_direction": "Improving", "price_acceptance": 0.833333 }, "latest_close": 14.5312, "trend_reference": 13.744926, "distance_from_trend": 0.057205, "trend_direction": "Improving", "fair_value": 13.320715, "distance_from_fair_value": 0.090872, "fair_value_direction": "Improving", "relative_strength": -3.330343, "relative_strength_direction": "Improving", "price_momentum": 0.100326, "excess_performance": -0.025299, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.057205, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.031957, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.090872, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.048494, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.033303, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.050802, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.100326, "read": "Positive" }, { "label": "Volume balance", "positive": false, "value": 0.322998, "read": "Supply-led" } ], "volume": { "latest": 858836, "relative_activity": 6.191099, "balance": 0.322998, "dry_up": 1.906903, "accumulation_observations": 0, "distribution_observations": 3 }, "risk": { "range_context": 0.030088, "annualized_volatility": 0.15335, "from_high_reference": -0.020809, "from_low_reference": 0.167206 }, "levels": { "trend_reference": 13.744926, "fair_value_reference": 13.320715, "structural_low": 12.513382, "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 23, "median_return": 0.009692, "positive_rate": 0.521739, "directional_follow_through": 0.521739, "median_excess_return": -0.00163, "regime_survival": 0.782609, "best_return": 0.164103, "worst_return": -0.113644, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 9, "median_return": -0.065915, "positive_rate": 0.333333, "directional_follow_through": 0.333333, "median_excess_return": -0.012381, "regime_survival": 0.555556, "best_return": 0.371402, "worst_return": -0.174597, "sufficient": true }, { "horizon": "Extended", "sample_count": 5, "median_return": 0.019376, "positive_rate": 0.8, "directional_follow_through": 0.8, "median_excess_return": -0.06108, "regime_survival": 0.2, "best_return": 0.206047, "worst_return": -0.076705, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 3, "median_return": 0.153892, "positive_rate": 0.666667, "directional_follow_through": 0.666667, "median_excess_return": -0.091086, "regime_survival": 0.0, "best_return": 0.365196, "worst_return": -0.097455, "sufficient": false } ], "ledger": [ { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2024-11-01", "end": "2024-12-20", "tenure": "Developing", "return": 0.034194, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-12-27", "end": "2025-02-07", "tenure": "Developing", "return": -0.026966, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-02-14", "end": "2025-03-28", "tenure": "Developing", "return": -0.048838, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-04-04", "end": "2025-04-11", "tenure": "New", "return": 0.106361, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-04-18", "end": "2025-08-15", "tenure": "Established", "return": -0.006092, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-08-22", "end": "2025-12-12", "tenure": "Established", "return": -0.001522, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-12-19", "end": "2026-01-09", "tenure": "New", "return": 0.006266, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2026-01-16", "end": "2026-02-13", "tenure": "Developing", "return": -0.038996, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-02-20", "end": "2026-03-20", "tenure": "Developing", "return": 0.072749, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-03-27", "end": "2026-04-24", "tenure": "Developing", "return": -0.034817, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-05-01", "end": "2026-05-15", "tenure": "New", "return": 0.043384, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-05-22", "end": "2026-06-26", "tenure": "Developing", "return": -0.03402, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-07-03", "end": "2026-07-10", "tenure": "New", "return": 0.014215, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-07-17", "end": "2026-08-07", "tenure": "New", "return": 0.021167, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 12.883732, "volume": 263074, "typical_volume": 195293.5, "trend": 11.399321, "fair_value": 9.167505, "relative_strength": 3.85391, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 79.973365, "energy": 81.993971, "activity_lines": [ 12.509008, 12.243162, 11.855447, 11.613147 ] }, { "date": "2023-08-25", "close": 12.898569, "volume": 218810, "typical_volume": 196748.0, "trend": 11.468938, "fair_value": 9.205588, "relative_strength": 2.869436, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 75.167781, "energy": 83.771629, "activity_lines": [ 12.701729, 12.398369, 11.989525, 11.709873 ] }, { "date": "2023-09-01", "close": 12.813505, "volume": 349369, "typical_volume": 203828.9, "trend": 11.533619, "fair_value": 9.243364, "relative_strength": -0.440377, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.806769, "energy": 81.718244, "activity_lines": [ 12.790288, 12.513425, 12.102927, 11.796619 ] }, { "date": "2023-09-08", "close": 12.957376, "volume": 110680, "typical_volume": 199081.6, "trend": 11.583139, "fair_value": 9.282669, "relative_strength": 1.793369, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 71.251488, "energy": 80.313412, "activity_lines": [ 12.877048, 12.630769, 12.220398, 11.888474 ] }, { "date": "2023-09-15", "close": 13.137215, "volume": 177605, "typical_volume": 196532.5, "trend": 11.631904, "fair_value": 9.322899, "relative_strength": 3.295163, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 74.722646, "energy": 73.591195, "activity_lines": [ 12.975798, 12.758414, 12.345324, 11.988737 ] }, { "date": "2023-09-22", "close": 13.52407, "volume": 368292, "typical_volume": 194954.0, "trend": 11.679184, "fair_value": 9.366006, "relative_strength": 9.590167, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 82.307306, "energy": 73.509587, "activity_lines": [ 13.171128, 12.942831, 12.494868, 12.110812 ] }, { "date": "2023-09-29", "close": 13.959453, "volume": 565216, "typical_volume": 212357.9, "trend": 11.73951, "fair_value": 9.411663, "relative_strength": 13.98749, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 86.926101, "energy": 83.949959, "activity_lines": [ 13.468896, 13.173045, 12.671557, 12.257927 ] }, { "date": "2023-10-06", "close": 14.585224, "volume": 336611, "typical_volume": 218324.25, "trend": 11.848574, "fair_value": 9.460534, "relative_strength": 18.536783, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 92.393269, "energy": 94.652574, "activity_lines": [ 13.90453, 13.477072, 12.891915, 12.441521 ] }, { "date": "2023-10-13", "close": 14.032017, "volume": 242478, "typical_volume": 218184.5, "trend": 11.963263, "fair_value": 9.506153, "relative_strength": 13.748923, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.96121, "energy": 86.530002, "activity_lines": [ 14.037646, 13.634733, 13.043815, 12.582388 ] }, { "date": "2023-10-20", "close": 14.929993, "volume": 155508, "typical_volume": 218242.8, "trend": 12.11246, "fair_value": 9.556666, "relative_strength": 23.975409, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 86.838279, "energy": 92.645563, "activity_lines": [ 14.398445, 13.923044, 13.269457, 12.77379 ] }, { "date": "2023-10-27", "close": 14.657879, "volume": 270321, "typical_volume": 224287.25, "trend": 12.243681, "fair_value": 9.605079, "relative_strength": 24.542476, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 72.454233, "energy": 85.477111, "activity_lines": [ 14.549021, 14.120456, 13.452152, 12.938011 ] }, { "date": "2023-11-03", "close": 13.850607, "volume": 232430, "typical_volume": 227118.25, "trend": 12.363429, "fair_value": 9.648813, "relative_strength": 11.394436, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.573143, "energy": 61.417076, "activity_lines": [ 14.354919, 14.138833, 13.54295, 13.041683 ] }, { "date": "2023-11-10", "close": 14.068298, "volume": 265358, "typical_volume": 233930.1, "trend": 12.472697, "fair_value": 9.693507, "relative_strength": 11.483967, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.915, "energy": 55.575452, "activity_lines": [ 14.240637, 14.179481, 13.643482, 13.151675 ] }, { "date": "2023-11-17", "close": 13.528605, "volume": 186978, "typical_volume": 237068.0, "trend": 12.559437, "fair_value": 9.735318, "relative_strength": 4.801964, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 44.636656, "energy": 34.670986, "activity_lines": [ 13.980919, 14.099189, 13.680387, 13.219798 ] }, { "date": "2023-11-24", "close": 13.632916, "volume": 102675, "typical_volume": 235479.75, "trend": 12.661539, "fair_value": 9.777742, "relative_strength": 4.490497, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 37.844057, "energy": 26.384536, "activity_lines": [ 13.789532, 14.027476, 13.718641, 13.289055 ] }, { "date": "2023-12-01", "close": 12.867822, "volume": 223589, "typical_volume": 235989.45, "trend": 12.739905, "fair_value": 9.814171, "relative_strength": -2.250915, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 11.244845, "energy": 20.180825, "activity_lines": [ 13.429586, 13.807643, 13.678115, 13.302363 ] }, { "date": "2023-12-08", "close": 12.94356, "volume": 276567, "typical_volume": 244265.05, "trend": 12.817544, "fair_value": 9.852034, "relative_strength": -1.871506, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -2.564522, "energy": 20.62991, "activity_lines": [ 13.214223, 13.613512, 13.63919, 13.315502 ] }, { "date": "2023-12-15", "close": 11.991161, "volume": 281364, "typical_volume": 251955.55, "trend": 12.841472, "fair_value": 9.88337, "relative_strength": -11.031793, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -40.908486, "energy": 41.280753, "activity_lines": [ 12.741863, 13.264688, 13.50393, 13.262187 ] }, { "date": "2023-12-22", "close": 11.954408, "volume": 143687, "typical_volume": 248729.7, "trend": 12.854677, "fair_value": 9.91464, "relative_strength": -11.806185, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -40.020697, "energy": 53.03305, "activity_lines": [ 12.395728, 12.956346, 13.365533, 13.204957 ] }, { "date": "2023-12-29", "close": 11.952674, "volume": 91904, "typical_volume": 243125.8, "trend": 12.87465, "fair_value": 9.946823, "relative_strength": -11.755285, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -36.279602, "energy": 66.28599, "activity_lines": [ 12.153962, 12.685464, 13.22832, 13.146764 ] }, { "date": "2024-01-05", "close": 12.383307, "volume": 169511, "typical_volume": 238447.65, "trend": 12.903932, "fair_value": 9.979009, "relative_strength": -6.9918, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -29.440693, "energy": 62.858899, "activity_lines": [ 12.167756, 12.547012, 13.135449, 13.115064 ] }, { "date": "2024-01-12", "close": 12.100416, "volume": 168890, "typical_volume": 235951.65, "trend": 12.922583, "fair_value": 10.009382, "relative_strength": -10.663001, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -38.317253, "energy": 59.4663, "activity_lines": [ 12.119554, 12.398481, 13.018019, 13.063224 ] }, { "date": "2024-01-19", "close": 12.620752, "volume": 135161, "typical_volume": 225241.25, "trend": 12.959918, "fair_value": 10.042859, "relative_strength": -7.848294, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -33.243113, "energy": 35.928572, "activity_lines": [ 12.301007, 12.376379, 12.953945, 13.043751 ] }, { "date": "2024-01-26", "close": 12.657072, "volume": 130978, "typical_volume": 226256.15, "trend": 12.990971, "fair_value": 10.077343, "relative_strength": -8.459964, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -18.199364, "energy": 21.347908, "activity_lines": [ 12.452594, 12.387199, 12.894249, 13.024213 ] }, { "date": "2024-02-02", "close": 12.333116, "volume": 183128, "typical_volume": 226532.3, "trend": 12.989037, "fair_value": 10.108728, "relative_strength": -11.946238, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -45.681539, "energy": 30.788623, "activity_lines": [ 12.449351, 12.354964, 12.805129, 12.981771 ] }, { "date": "2024-02-09", "close": 12.766578, "volume": 137176, "typical_volume": 214976.5, "trend": 13.024954, "fair_value": 10.143049, "relative_strength": -9.909336, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -38.517495, "energy": 23.516069, "activity_lines": [ 12.565233, 12.425173, 12.76112, 12.967418 ] }, { "date": "2024-02-16", "close": 13.145286, "volume": 332450, "typical_volume": 203338.2, "trend": 13.071082, "fair_value": 10.178265, "relative_strength": -6.74621, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -24.191779, "energy": 20.742204, "activity_lines": [ 12.781799, 12.566078, 12.756786, 12.975182 ] }, { "date": "2024-02-23", "close": 13.066259, "volume": 56759, "typical_volume": 189345.6, "trend": 13.104385, "fair_value": 10.211841, "relative_strength": -8.499862, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -20.126412, "energy": 19.347644, "activity_lines": [ 12.902365, 12.688948, 12.748803, 12.974871 ] }, { "date": "2024-03-01", "close": 12.839582, "volume": 114390, "typical_volume": 182941.2, "trend": 13.124437, "fair_value": 10.242159, "relative_strength": -10.628647, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -11.82499, "energy": 18.829053, "activity_lines": [ 12.917672, 12.751056, 12.726465, 12.957787 ] }, { "date": "2024-03-08", "close": 12.557147, "volume": 109754, "typical_volume": 180653.5, "trend": 13.121287, "fair_value": 10.270421, "relative_strength": -12.086181, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -21.349274, "energy": 18.451145, "activity_lines": [ 12.826666, 12.745718, 12.682906, 12.921187 ] }, { "date": "2024-03-15", "close": 13.236541, "volume": 54433, "typical_volume": 169859.1, "trend": 13.133047, "fair_value": 10.301874, "relative_strength": -7.17478, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 4.552688, "energy": 11.910079, "activity_lines": [ 12.94719, 12.852917, 12.71535, 12.928623 ] }, { "date": "2024-03-22", "close": 12.94012, "volume": 106721, "typical_volume": 163573.65, "trend": 13.134432, "fair_value": 10.332499, "relative_strength": -11.114245, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -9.099124, "energy": 9.74183, "activity_lines": [ 12.937575, 12.890707, 12.726333, 12.916176 ] }, { "date": "2024-03-29", "close": 12.95826, "volume": 72523, "typical_volume": 153931.9, "trend": 13.139257, "fair_value": 10.362676, "relative_strength": -11.196326, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -8.010974, "energy": 9.394476, "activity_lines": [ 12.947685, 12.916527, 12.743378, 12.90481 ] }, { "date": "2024-04-05", "close": 13.479195, "volume": 105937, "typical_volume": 149879.85, "trend": 13.156651, "fair_value": 10.396733, "relative_strength": -6.835884, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 14.757322, "energy": 31.212782, "activity_lines": [ 13.13864, 13.030927, 12.815323, 12.926742 ] }, { "date": "2024-04-12", "close": 13.879199, "volume": 110730, "typical_volume": 150282.6, "trend": 13.181384, "fair_value": 10.434279, "relative_strength": -2.689831, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 41.917747, "energy": 54.116374, "activity_lines": [ 13.420289, 13.203107, 12.925598, 12.973358 ] }, { "date": "2024-04-19", "close": 14.176876, "volume": 177806, "typical_volume": 147993.45, "trend": 13.203144, "fair_value": 10.474164, "relative_strength": 2.424263, "stage": 2, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 58.55271, "energy": 72.336956, "activity_lines": [ 13.713027, 13.4013, 13.063051, 13.037583 ] }, { "date": "2024-04-26", "close": 14.400134, "volume": 181424, "typical_volume": 143236.3, "trend": 13.217833, "fair_value": 10.514685, "relative_strength": 1.178307, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 57.624886, "energy": 78.812, "activity_lines": [ 14.017495, 13.614443, 13.215532, 13.114808 ] }, { "date": "2024-05-03", "close": 13.814361, "volume": 141441, "typical_volume": 136240.15, "trend": 13.192138, "fair_value": 10.552379, "relative_strength": -3.589467, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 39.429075, "energy": 71.652825, "activity_lines": [ 14.029371, 13.698267, 13.30529, 13.153294 ] }, { "date": "2024-05-10", "close": 13.844036, "volume": 58608, "typical_volume": 131986.2, "trend": 13.185872, "fair_value": 10.589813, "relative_strength": -5.180979, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 64.3159, "energy": 76.678976, "activity_lines": [ 13.994065, 13.773884, 13.389192, 13.195352 ] }, { "date": "2024-05-17", "close": 13.617243, "volume": 118045, "typical_volume": 133293.25, "trend": 13.142114, "fair_value": 10.625821, "relative_strength": -8.150037, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 59.694093, "energy": 48.373208, "activity_lines": [ 13.858839, 13.790003, 13.442497, 13.223182 ] }, { "date": "2024-05-24", "close": 13.772221, "volume": 52917, "typical_volume": 127463.55, "trend": 13.112592, "fair_value": 10.663076, "relative_strength": -6.981149, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 44.333249, "energy": 32.48499, "activity_lines": [ 13.792736, 13.815026, 13.502635, 13.263834 ] }, { "date": "2024-05-31", "close": 13.879199, "volume": 68538, "typical_volume": 122445.95, "trend": 13.113545, "fair_value": 10.701581, "relative_strength": -5.851785, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 44.517835, "energy": 30.742894, "activity_lines": [ 13.789269, 13.849759, 13.566347, 13.313293 ] }, { "date": "2024-06-07", "close": 13.674546, "volume": 88900, "typical_volume": 120132.9, "trend": 13.10042, "fair_value": 10.739913, "relative_strength": -8.296005, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 39.190465, "energy": 25.116517, "activity_lines": [ 13.752314, 13.830209, 13.602098, 13.349486 ] }, { "date": "2024-06-14", "close": 13.015935, "volume": 118491, "typical_volume": 119508.55, "trend": 13.083331, "fair_value": 10.774154, "relative_strength": -13.971149, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 15.609505, "energy": 14.557218, "activity_lines": [ 13.505143, 13.677888, 13.570106, 13.344036 ] }, { "date": "2024-06-21", "close": 13.162913, "volume": 43475, "typical_volume": 112525.9, "trend": 13.067664, "fair_value": 10.808505, "relative_strength": -13.391754, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 13.256256, "energy": 16.622818, "activity_lines": [ 13.362171, 13.560713, 13.550404, 13.34917 ] }, { "date": "2024-06-28", "close": 13.529939, "volume": 38057, "typical_volume": 107569.95, "trend": 13.089735, "fair_value": 10.846549, "relative_strength": -10.808791, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 11.210122, "energy": 16.900148, "activity_lines": [ 13.37183, 13.523294, 13.561704, 13.378994 ] }, { "date": "2024-07-05", "close": 13.210824, "volume": 120431, "typical_volume": 96969.0, "trend": 13.098643, "fair_value": 10.883307, "relative_strength": -14.262643, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 2.398834, "energy": 17.085346, "activity_lines": [ 13.291269, 13.439616, 13.538978, 13.386806 ] }, { "date": "2024-07-12", "close": 12.919728, "volume": 137728, "typical_volume": 101017.45, "trend": 13.129596, "fair_value": 10.91891, "relative_strength": -16.762071, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": -10.385214, "energy": 21.150597, "activity_lines": [ 13.158234, 13.324635, 13.488216, 13.375264 ] }, { "date": "2024-07-19", "close": 13.116237, "volume": 76716, "typical_volume": 99133.75, "trend": 13.168323, "fair_value": 10.956076, "relative_strength": -13.653974, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -19.660397, "energy": 31.282299, "activity_lines": [ 13.141024, 13.261649, 13.456867, 13.374402 ] }, { "date": "2024-07-26", "close": 12.980843, "volume": 38582, "typical_volume": 95575.15, "trend": 13.202595, "fair_value": 10.993135, "relative_strength": -13.654774, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -26.136328, "energy": 41.350397, "activity_lines": [ 13.071996, 13.187279, 13.411307, 13.362306 ] }, { "date": "2024-08-02", "close": 11.865728, "volume": 70374, "typical_volume": 96372.2, "trend": 13.185343, "fair_value": 11.022342, "relative_strength": -19.052495, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "mixed", "direction": -62.498319, "energy": 70.960298, "activity_lines": [ 12.6434, 12.921732, 13.257527, 13.276057 ] }, { "date": "2024-08-09", "close": 12.260626, "volume": 59386, "typical_volume": 94005.45, "trend": 13.190683, "fair_value": 11.054362, "relative_strength": -16.033044, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -47.13173, "energy": 66.443099, "activity_lines": [ 12.457385, 12.762648, 13.147884, 13.216398 ] }, { "date": "2024-08-16", "close": 12.1572, "volume": 15910, "typical_volume": 91174.8, "trend": 13.175231, "fair_value": 11.086009, "relative_strength": -19.49162, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -73.288902, "energy": 80.049595, "activity_lines": [ 12.300241, 12.614187, 13.031626, 13.149721 ] }, { "date": "2024-08-23", "close": 11.922142, "volume": 40053, "typical_volume": 87880.6, "trend": 13.150734, "fair_value": 11.115859, "relative_strength": -21.675467, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -76.392387, "energy": 84.428596, "activity_lines": [ 12.115579, 12.450577, 12.896797, 13.068877 ] }, { "date": "2024-08-30", "close": 12.270028, "volume": 93516, "typical_volume": 87019.9, "trend": 13.148631, "fair_value": 11.147939, "relative_strength": -19.208205, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.005762, "energy": 71.285469, "activity_lines": [ 12.126486, 12.370106, 12.802514, 13.012057 ] }, { "date": "2024-09-06", "close": 11.686426, "volume": 98803, "typical_volume": 83069.75, "trend": 13.112626, "fair_value": 11.176053, "relative_strength": -19.276883, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -78.298032, "energy": 75.419704, "activity_lines": [ 11.990246, 12.19976, 12.660313, 12.917721 ] }, { "date": "2024-09-13", "close": 11.546049, "volume": 48460, "typical_volume": 76421.55, "trend": 13.059318, "fair_value": 11.202928, "relative_strength": -22.798152, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -79.012093, "energy": 82.116738, "activity_lines": [ 11.819168, 12.037409, 12.516602, 12.816652 ] }, { "date": "2024-09-20", "close": 11.743592, "volume": 86144, "typical_volume": 73656.7, "trend": 13.015229, "fair_value": 11.230168, "relative_strength": -21.948684, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.283631, "energy": 67.48614, "activity_lines": [ 11.761575, 11.941244, 12.405296, 12.731766 ] }, { "date": "2024-09-27", "close": 11.827967, "volume": 49144, "typical_volume": 73183.5, "trend": 12.981508, "fair_value": 11.257987, "relative_strength": -21.120419, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.100586, "energy": 65.778104, "activity_lines": [ 11.759682, 11.881804, 12.311885, 12.655169 ] }, { "date": "2024-10-04", "close": 12.447787, "volume": 81709, "typical_volume": 71366.7, "trend": 12.977863, "fair_value": 11.288331, "relative_strength": -16.428333, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -49.362395, "energy": 42.400571, "activity_lines": [ 11.970674, 11.958482, 12.287106, 12.620735 ] }, { "date": "2024-10-11", "close": 12.728528, "volume": 87180, "typical_volume": 73079.85, "trend": 12.960929, "fair_value": 11.320667, "relative_strength": -14.823607, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -31.679183, "energy": 21.478344, "activity_lines": [ 12.263395, 12.095895, 12.294633, 12.604649 ] }, { "date": "2024-10-18", "close": 12.722247, "volume": 86402, "typical_volume": 73973.05, "trend": 12.953667, "fair_value": 11.352206, "relative_strength": -14.693985, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -18.768233, "energy": 24.268824, "activity_lines": [ 12.484549, 12.216479, 12.306532, 12.58925 ] }, { "date": "2024-10-25", "close": 13.190086, "volume": 106191, "typical_volume": 74837.6, "trend": 12.961395, "fair_value": 11.387647, "relative_strength": -9.798395, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": 14.485877, "energy": 30.602187, "activity_lines": [ 12.783236, 12.413732, 12.368496, 12.604503 ] }, { "date": "2024-11-01", "close": 13.637369, "volume": 120155, "typical_volume": 74920.8, "trend": 12.966667, "fair_value": 11.427421, "relative_strength": -4.823279, "stage": 2, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 47.686554, "energy": 54.649586, "activity_lines": [ 13.134585, 12.673529, 12.475365, 12.648114 ] }, { "date": "2024-11-08", "close": 13.447036, "volume": 199249, "typical_volume": 82709.5, "trend": 12.952262, "fair_value": 11.464678, "relative_strength": -9.727385, "stage": 4, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 37.736461, "energy": 68.45772, "activity_lines": [ 13.301862, 12.867534, 12.561148, 12.679106 ] }, { "date": "2024-11-15", "close": 13.865769, "volume": 236359, "typical_volume": 92624.6, "trend": 12.941891, "fair_value": 11.504957, "relative_strength": -4.441633, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 48.224014, "energy": 76.827195, "activity_lines": [ 13.542101, 13.116272, 12.685458, 12.738042 ] }, { "date": "2024-11-22", "close": 13.732536, "volume": 199578, "typical_volume": 96581.95, "trend": 12.919638, "fair_value": 11.545115, "relative_strength": -6.381205, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 45.418034, "energy": 76.042984, "activity_lines": [ 13.662113, 13.301162, 12.795479, 12.789051 ] }, { "date": "2024-11-29", "close": 13.12347, "volume": 42720, "typical_volume": 91831.55, "trend": 12.896608, "fair_value": 11.582779, "relative_strength": -11.118722, "stage": 4, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 37.965737, "energy": 49.953075, "activity_lines": [ 13.511749, 13.335558, 12.84501, 12.802201 ] }, { "date": "2024-12-06", "close": 12.99528, "volume": 92293, "typical_volume": 92610.4, "trend": 12.868316, "fair_value": 11.618381, "relative_strength": -12.257835, "stage": 4, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 33.523797, "energy": 36.187663, "activity_lines": [ 13.323097, 13.321558, 12.881362, 12.808567 ] }, { "date": "2024-12-13", "close": 13.691138, "volume": 247855, "typical_volume": 103074.05, "trend": 12.87078, "fair_value": 11.659401, "relative_strength": -6.778331, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 35.128591, "energy": 31.568075, "activity_lines": [ 13.409204, 13.412854, 12.984562, 12.861653 ] }, { "date": "2024-12-20", "close": 14.103685, "volume": 114975, "typical_volume": 105304.1, "trend": 12.881828, "fair_value": 11.70239, "relative_strength": -2.041397, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 78.634762, "energy": 49.660528, "activity_lines": [ 13.616553, 13.556552, 13.12367, 12.941195 ] }, { "date": "2024-12-27", "close": 14.369007, "volume": 64226, "typical_volume": 105546.1, "trend": 12.898155, "fair_value": 11.746741, "relative_strength": -0.742546, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 82.28538, "energy": 69.78396, "activity_lines": [ 13.896481, 13.723487, 13.27739, 13.037142 ] }, { "date": "2025-01-03", "close": 14.316478, "volume": 170689, "typical_volume": 113285.05, "trend": 12.919553, "fair_value": 11.787767, "relative_strength": -0.388015, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 75.548966, "energy": 86.841213, "activity_lines": [ 14.116469, 13.850931, 13.416067, 13.128647 ] }, { "date": "2025-01-10", "close": 14.784462, "volume": 134591, "typical_volume": 118011.95, "trend": 12.978504, "fair_value": 11.831624, "relative_strength": 4.919011, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 84.255889, "energy": 92.618869, "activity_lines": [ 14.412917, 14.042983, 13.589032, 13.248963 ] }, { "date": "2025-01-17", "close": 14.326029, "volume": 349313, "typical_volume": 130801.8, "trend": 13.017275, "fair_value": 11.873106, "relative_strength": -1.044035, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.864244, "energy": 84.123151, "activity_lines": [ 14.437275, 14.130827, 13.704707, 13.3359 ] }, { "date": "2025-01-24", "close": 14.350383, "volume": 91874, "typical_volume": 130455.35, "trend": 13.044623, "fair_value": 11.914349, "relative_strength": -2.360771, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.729916, "energy": 74.595392, "activity_lines": [ 14.427425, 14.207118, 13.81291, 13.421907 ] }, { "date": "2025-01-31", "close": 14.077711, "volume": 263287, "typical_volume": 141196.7, "trend": 13.073519, "fair_value": 11.952209, "relative_strength": -3.092579, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 61.4008, "energy": 54.509159, "activity_lines": [ 14.310238, 14.22502, 13.882459, 13.488558 ] }, { "date": "2025-02-07", "close": 13.981536, "volume": 135894, "typical_volume": 143684.2, "trend": 13.108913, "fair_value": 11.989227, "relative_strength": -3.392009, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 45.99849, "energy": 37.866977, "activity_lines": [ 14.180413, 14.21916, 13.930793, 13.54714 ] }, { "date": "2025-02-14", "close": 13.963103, "volume": 116140, "typical_volume": 147034.0, "trend": 13.137141, "fair_value": 12.026296, "relative_strength": -4.646877, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 40.396673, "energy": 28.773991, "activity_lines": [ 14.066772, 14.194348, 13.966715, 13.602249 ] }, { "date": "2025-02-21", "close": 13.795966, "volume": 71317, "typical_volume": 146514.4, "trend": 13.164312, "fair_value": 12.061843, "relative_strength": -4.020206, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 33.262844, "energy": 23.058898, "activity_lines": [ 13.952177, 14.12155, 13.976552, 13.644754 ] }, { "date": "2025-02-28", "close": 13.170396, "volume": 99027, "typical_volume": 147106.75, "trend": 13.207801, "fair_value": 12.09665, "relative_strength": -7.246547, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 1.57884, "energy": 16.384854, "activity_lines": [ 13.664396, 13.933107, 13.92039, 13.645146 ] }, { "date": "2025-03-07", "close": 13.466467, "volume": 100718, "typical_volume": 147822.55, "trend": 13.247996, "fair_value": 12.130141, "relative_strength": -2.038547, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 1.973289, "energy": 19.183962, "activity_lines": [ 13.553971, 13.815463, 13.890322, 13.661834 ] }, { "date": "2025-03-14", "close": 13.476018, "volume": 132215, "typical_volume": 149123.75, "trend": 13.291956, "fair_value": 12.161551, "relative_strength": 0.498185, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 0.751255, "energy": 21.4277, "activity_lines": [ 13.487479, 13.715966, 13.857619, 13.676546 ] }, { "date": "2025-03-21", "close": 13.275453, "volume": 96645, "typical_volume": 147948.25, "trend": 13.337067, "fair_value": 12.187107, "relative_strength": -1.371798, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -9.053959, "energy": 27.231011, "activity_lines": [ 13.387833, 13.595283, 13.804454, 13.675481 ] }, { "date": "2025-03-28", "close": 13.281177, "volume": 123799, "typical_volume": 144175.75, "trend": 13.370772, "fair_value": 12.213828, "relative_strength": 0.243965, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -24.761684, "energy": 40.02054, "activity_lines": [ 13.335939, 13.503078, 13.753557, 13.671875 ] }, { "date": "2025-04-04", "close": 12.591876, "volume": 162612, "typical_volume": 140488.4, "trend": 13.400953, "fair_value": 12.231902, "relative_strength": 4.63648, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -45.316396, "energy": 53.538929, "activity_lines": [ 13.088597, 13.304543, 13.637802, 13.621624 ] }, { "date": "2025-04-11", "close": 13.931159, "volume": 308149, "typical_volume": 145916.95, "trend": 13.480457, "fair_value": 12.257208, "relative_strength": 9.67779, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -15.866065, "energy": 18.764379, "activity_lines": [ 13.32625, 13.381486, 13.655664, 13.655831 ] }, { "date": "2025-04-18", "close": 13.417096, "volume": 185475, "typical_volume": 153054.7, "trend": 13.53624, "fair_value": 12.278203, "relative_strength": 7.446203, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -22.93452, "energy": 17.753127, "activity_lines": [ 13.36157, 13.367628, 13.623621, 13.651743 ] }, { "date": "2025-04-25", "close": 13.252052, "volume": 88298, "typical_volume": 152854.95, "trend": 13.58371, "fair_value": 12.298309, "relative_strength": 1.836518, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -16.265912, "energy": 14.403467, "activity_lines": [ 13.345803, 13.334024, 13.574462, 13.633408 ] }, { "date": "2025-05-02", "close": 13.349136, "volume": 60567, "typical_volume": 143490.55, "trend": 13.613755, "fair_value": 12.316275, "relative_strength": -0.025315, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -7.587672, "energy": 8.879604, "activity_lines": [ 13.363958, 13.331001, 13.533327, 13.618274 ] }, { "date": "2025-05-09", "close": 13.533597, "volume": 154805, "typical_volume": 145482.05, "trend": 13.640591, "fair_value": 12.338412, "relative_strength": 2.035351, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -33.206271, "energy": 16.055636, "activity_lines": [ 13.439069, 13.36964, 13.511387, 13.613103 ] }, { "date": "2025-05-16", "close": 13.756698, "volume": 115066, "typical_volume": 148024.05, "trend": 13.675072, "fair_value": 12.364291, "relative_strength": -1.260806, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -22.235303, "energy": 11.500235, "activity_lines": [ 13.525766, 13.442239, 13.513411, 13.620593 ] }, { "date": "2025-05-23", "close": 13.921936, "volume": 144698, "typical_volume": 146724.5, "trend": 13.699467, "fair_value": 12.392188, "relative_strength": 2.722979, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -3.886046, "energy": 9.436717, "activity_lines": [ 13.679172, 13.539604, 13.534086, 13.63652 ] }, { "date": "2025-05-30", "close": 13.572431, "volume": 112491, "typical_volume": 145619.5, "trend": 13.697303, "fair_value": 12.414686, "relative_strength": -1.308646, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -11.884418, "energy": 13.441359, "activity_lines": [ 13.682422, 13.565316, 13.523355, 13.628324 ] }, { "date": "2025-06-06", "close": 13.936498, "volume": 98108, "typical_volume": 133059.25, "trend": 13.713618, "fair_value": 12.436248, "relative_strength": -0.090486, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 18.110632, "energy": 19.342649, "activity_lines": [ 13.785668, 13.651822, 13.553068, 13.643756 ] }, { "date": "2025-06-13", "close": 13.645244, "volume": 35459, "typical_volume": 130238.5, "trend": 13.706267, "fair_value": 12.454928, "relative_strength": -1.711863, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 10.706646, "energy": 15.566712, "activity_lines": [ 13.752672, 13.673457, 13.556897, 13.639345 ] }, { "date": "2025-06-20", "close": 13.572431, "volume": 42341, "typical_volume": 119191.2, "trend": 13.70093, "fair_value": 12.475058, "relative_strength": -1.946818, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -10.509838, "energy": 7.661824, "activity_lines": [ 13.687962, 13.662702, 13.55715, 13.63071 ] }, { "date": "2025-06-27", "close": 13.266828, "volume": 42198, "typical_volume": 114506.4, "trend": 13.705709, "fair_value": 12.497825, "relative_strength": -7.094459, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -37.02797, "energy": 15.756606, "activity_lines": [ 13.533668, 13.602905, 13.530704, 13.602704 ] }, { "date": "2025-07-04", "close": 13.413693, "volume": 45356, "typical_volume": 110967.2, "trend": 13.719656, "fair_value": 12.518066, "relative_strength": -7.428455, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -35.31835, "energy": 21.02803, "activity_lines": [ 13.472004, 13.572543, 13.521648, 13.583864 ] }, { "date": "2025-07-11", "close": 13.658469, "volume": 44476, "typical_volume": 109625.15, "trend": 13.718567, "fair_value": 12.542469, "relative_strength": -5.364847, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -26.924749, "energy": 18.253678, "activity_lines": [ 13.502514, 13.583746, 13.538521, 13.579916 ] }, { "date": "2025-07-18", "close": 13.66826, "volume": 41445, "typical_volume": 106746.05, "trend": 13.704053, "fair_value": 12.56936, "relative_strength": -5.705822, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -24.393404, "energy": 14.210958, "activity_lines": [ 13.554823, 13.591106, 13.55698, 13.576671 ] }, { "date": "2025-07-25", "close": 13.560558, "volume": 42320, "typical_volume": 103826.15, "trend": 13.677105, "fair_value": 12.597251, "relative_strength": -7.627244, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -28.04034, "energy": 10.252802, "activity_lines": [ 13.569697, 13.576435, 13.562812, 13.567413 ] }, { "date": "2025-08-01", "close": 13.09059, "volume": 48703, "typical_volume": 99650.55, "trend": 13.636242, "fair_value": 12.619762, "relative_strength": -8.509115, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -61.945586, "energy": 29.674312, "activity_lines": [ 13.428706, 13.479881, 13.523437, 13.529573 ] }, { "date": "2025-08-08", "close": 13.257037, "volume": 32327, "typical_volume": 96434.65, "trend": 13.585328, "fair_value": 12.643509, "relative_strength": -9.405886, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -53.660451, "energy": 38.459162, "activity_lines": [ 13.354947, 13.428706, 13.501749, 13.505109 ] }, { "date": "2025-08-15", "close": 13.335365, "volume": 35580, "typical_volume": 92023.7, "trend": 13.552305, "fair_value": 12.665842, "relative_strength": -9.645274, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -48.762773, "energy": 45.81796, "activity_lines": [ 13.317741, 13.397507, 13.487609, 13.488982 ] }, { "date": "2025-08-22", "close": 13.164022, "volume": 45569, "typical_volume": 86171.55, "trend": 13.51276, "fair_value": 12.685722, "relative_strength": -10.984623, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -59.903348, "energy": 57.766795, "activity_lines": [ 13.244961, 13.346084, 13.456892, 13.463931 ] }, { "date": "2025-08-29", "close": 13.049859, "volume": 16536, "typical_volume": 71590.9, "trend": 13.478498, "fair_value": 12.702446, "relative_strength": -11.586933, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.721294, "energy": 58.729014, "activity_lines": [ 13.167743, 13.282654, 13.412578, 13.434067 ] }, { "date": "2025-09-05", "close": 12.698949, "volume": 190125, "typical_volume": 71823.4, "trend": 13.435745, "fair_value": 12.715455, "relative_strength": -14.091163, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -79.194313, "energy": 70.943803, "activity_lines": [ 13.007601, 13.164923, 13.339041, 13.383773 ] }, { "date": "2025-09-12", "close": 12.68299, "volume": 83858, "typical_volume": 71601.4, "trend": 13.393075, "fair_value": 12.726162, "relative_strength": -15.419113, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -76.544847, "energy": 77.673757, "activity_lines": [ 12.868249, 13.054616, 13.267403, 13.335209 ] }, { "date": "2025-09-19", "close": 12.884978, "volume": 137040, "typical_volume": 75425.05, "trend": 13.362709, "fair_value": 12.734105, "relative_strength": -15.013248, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.527222, "energy": 71.187944, "activity_lines": [ 12.834496, 12.994319, 13.217713, 13.302428 ] }, { "date": "2025-09-26", "close": 13.070009, "volume": 131915, "typical_volume": 74280.55, "trend": 13.359363, "fair_value": 12.741598, "relative_strength": -13.46055, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.106702, "energy": 62.877715, "activity_lines": [ 12.892446, 12.981728, 13.187854, 13.283544 ] }, { "date": "2025-10-03", "close": 12.902318, "volume": 87570, "typical_volume": 72905.75, "trend": 13.340558, "fair_value": 12.746269, "relative_strength": -15.321028, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -57.414629, "energy": 43.112963, "activity_lines": [ 12.900766, 12.949525, 13.144233, 13.254057 ] }, { "date": "2025-10-10", "close": 12.731964, "volume": 27938, "typical_volume": 67067.75, "trend": 13.315756, "fair_value": 12.747818, "relative_strength": -14.169443, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.858557, "energy": 41.919004, "activity_lines": [ 12.862138, 12.898316, 13.088456, 13.214793 ] }, { "date": "2025-10-17", "close": 12.586665, "volume": 24292, "typical_volume": 62657.8, "trend": 13.292796, "fair_value": 12.745221, "relative_strength": -16.382911, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -69.647861, "energy": 46.406793, "activity_lines": [ 12.772875, 12.82721, 13.024507, 13.167755 ] }, { "date": "2025-10-24", "close": 12.635986, "volume": 57573, "typical_volume": 60631.05, "trend": 13.27129, "fair_value": 12.747057, "relative_strength": -17.34073, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.07152, "energy": 53.312613, "activity_lines": [ 12.706475, 12.77726, 12.96995, 13.12538 ] }, { "date": "2025-10-31", "close": 12.912183, "volume": 67653, "typical_volume": 62240.75, "trend": 13.281967, "fair_value": 12.747449, "relative_strength": -15.753554, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -57.749381, "energy": 47.030865, "activity_lines": [ 12.74874, 12.790243, 12.94789, 13.102212 ] }, { "date": "2025-11-07", "close": 12.892454, "volume": 88691, "typical_volume": 64558.25, "trend": 13.247343, "fair_value": 12.754537, "relative_strength": -14.232332, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -54.646286, "energy": 37.602722, "activity_lines": [ 12.79495, 12.804218, 12.927442, 13.077082 ] }, { "date": "2025-11-14", "close": 12.987446, "volume": 113514, "typical_volume": 68124.05, "trend": 13.233022, "fair_value": 12.762234, "relative_strength": -13.379582, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -39.388497, "energy": 22.699565, "activity_lines": [ 12.873482, 12.838327, 12.919279, 13.060315 ] }, { "date": "2025-11-21", "close": 12.749424, "volume": 58565, "typical_volume": 68784.5, "trend": 13.216267, "fair_value": 12.770603, "relative_strength": -13.003205, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -43.163525, "energy": 21.519535, "activity_lines": [ 12.855641, 12.823913, 12.889778, 13.029115 ] }, { "date": "2025-11-28", "close": 12.695171, "volume": 53518, "typical_volume": 69236.6, "trend": 13.194468, "fair_value": 12.782403, "relative_strength": -16.210069, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -47.537526, "energy": 25.675049, "activity_lines": [ 12.808865, 12.798427, 12.858273, 12.995496 ] }, { "date": "2025-12-05", "close": 13.010824, "volume": 131800, "typical_volume": 73754.35, "trend": 13.177043, "fair_value": 12.794535, "relative_strength": -14.216491, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -31.429687, "energy": 17.48198, "activity_lines": [ 12.863361, 12.833784, 12.861417, 12.983648 ] }, { "date": "2025-12-12", "close": 13.14399, "volume": 49419, "typical_volume": 74109.3, "trend": 13.156619, "fair_value": 12.809269, "relative_strength": -12.561125, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -4.810557, "energy": 5.486124, "activity_lines": [ 12.95567, 12.894429, 12.880374, 12.981515 ] }, { "date": "2025-12-19", "close": 13.035485, "volume": 75821, "typical_volume": 75465.2, "trend": 13.127071, "fair_value": 12.819237, "relative_strength": -13.010497, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -8.162113, "energy": 11.884669, "activity_lines": [ 12.995042, 12.930951, 12.890981, 12.9737 ] }, { "date": "2025-12-26", "close": 12.968672, "volume": 101352, "typical_volume": 78916.45, "trend": 13.106945, "fair_value": 12.826518, "relative_strength": -14.252158, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -8.425996, "energy": 16.826252, "activity_lines": [ 13.008939, 12.949808, 12.895487, 12.963481 ] }, { "date": "2026-01-02", "close": 13.186466, "volume": 126572, "typical_volume": 83466.05, "trend": 13.081944, "fair_value": 12.840727, "relative_strength": -11.499552, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 7.540753, "energy": 23.034031, "activity_lines": [ 13.080818, 13.001317, 12.922109, 12.968611 ] }, { "date": "2026-01-09", "close": 13.117168, "volume": 142074, "typical_volume": 88291.3, "trend": 13.064342, "fair_value": 12.855789, "relative_strength": -12.819223, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 20.350114, "energy": 32.245526, "activity_lines": [ 13.096845, 13.030218, 12.94284, 12.970884 ] }, { "date": "2026-01-16", "close": 13.315163, "volume": 121575, "typical_volume": 93543.25, "trend": 13.055766, "fair_value": 12.872403, "relative_strength": -10.799029, "stage": 4, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 34.501882, "energy": 43.922231, "activity_lines": [ 13.171781, 13.091392, 12.982651, 12.987066 ] }, { "date": "2026-01-23", "close": 13.334962, "volume": 133222, "typical_volume": 90698.1, "trend": 13.058037, "fair_value": 12.888588, "relative_strength": -9.98789, "stage": 4, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 42.448681, "energy": 55.165255, "activity_lines": [ 13.241905, 13.148479, 13.023084, 13.005079 ] }, { "date": "2026-01-30", "close": 13.34506, "volume": 61474, "typical_volume": 89578.9, "trend": 13.05575, "fair_value": 12.904434, "relative_strength": -9.92342, "stage": 4, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 40.337907, "energy": 57.992372, "activity_lines": [ 13.295429, 13.201084, 13.06145, 13.023596 ] }, { "date": "2026-02-06", "close": 13.206266, "volume": 290806, "typical_volume": 97267.2, "trend": 13.040676, "fair_value": 12.915553, "relative_strength": -10.329779, "stage": 4, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 34.09898, "energy": 51.105128, "activity_lines": [ 13.277597, 13.217624, 13.083445, 13.033307 ] }, { "date": "2026-02-13", "close": 12.795921, "volume": 69709, "typical_volume": 94156.9, "trend": 13.011598, "fair_value": 12.922743, "relative_strength": -11.634934, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 20.807805, "energy": 15.44307, "activity_lines": [ 13.121662, 13.150263, 13.064829, 13.017516 ] }, { "date": "2026-02-20", "close": 12.882841, "volume": 40786, "typical_volume": 91817.7, "trend": 12.989008, "fair_value": 12.927725, "relative_strength": -11.659526, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 15.234543, "energy": 15.631368, "activity_lines": [ 13.016118, 13.102613, 13.055797, 13.009209 ] }, { "date": "2026-02-27", "close": 12.582581, "volume": 47835, "typical_volume": 92812.55, "trend": 12.972074, "fair_value": 12.9305, "relative_strength": -12.962718, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -34.642222, "energy": 35.483931, "activity_lines": [ 12.839308, 13.005119, 13.018261, 12.982988 ] }, { "date": "2026-03-06", "close": 13.081529, "volume": 95043, "typical_volume": 96350.1, "trend": 12.966224, "fair_value": 12.941835, "relative_strength": -7.324468, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -8.669902, "energy": 23.66676, "activity_lines": [ 12.878973, 13.006577, 13.028956, 12.99005 ] }, { "date": "2026-03-13", "close": 13.493358, "volume": 188021, "typical_volume": 102872.5, "trend": 12.97149, "fair_value": 12.960437, "relative_strength": -2.606971, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 49.891527, "energy": 21.523751, "activity_lines": [ 13.073483, 13.080861, 13.076516, 13.024058 ] }, { "date": "2026-03-20", "close": 13.82005, "volume": 150508, "typical_volume": 107015.25, "trend": 12.993358, "fair_value": 12.982014, "relative_strength": 1.813131, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 74.098202, "energy": 60.773085, "activity_lines": [ 13.357751, 13.208964, 13.151106, 13.078804 ] }, { "date": "2026-03-27", "close": 13.97, "volume": 188989, "typical_volume": 112030.15, "trend": 13.024029, "fair_value": 13.002839, "relative_strength": 5.475853, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 79.597636, "energy": 78.859589, "activity_lines": [ 13.623728, 13.35155, 13.235655, 13.141813 ] }, { "date": "2026-04-03", "close": 13.57, "volume": 147029, "typical_volume": 113705.9, "trend": 13.053064, "fair_value": 13.024069, "relative_strength": -0.527002, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 61.774522, "energy": 74.501387, "activity_lines": [ 13.683893, 13.409504, 13.276977, 13.177037 ] }, { "date": "2026-04-10", "close": 13.58, "volume": 122666, "typical_volume": 116910.95, "trend": 13.082964, "fair_value": 13.041952, "relative_strength": -3.343411, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 62.005416, "energy": 72.420735, "activity_lines": [ 13.681564, 13.465002, 13.316477, 13.211033 ] }, { "date": "2026-04-17", "close": 13.3762, "volume": 138755, "typical_volume": 121172.8, "trend": 13.099339, "fair_value": 13.057656, "relative_strength": -8.315002, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 56.417794, "energy": 45.439631, "activity_lines": [ 13.57807, 13.479174, 13.332613, 13.229952 ] }, { "date": "2026-04-24", "close": 13.483606, "volume": 30648, "typical_volume": 116115.2, "trend": 13.113125, "fair_value": 13.076334, "relative_strength": -7.59877, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 49.621592, "energy": 28.710768, "activity_lines": [ 13.518189, 13.509784, 13.355735, 13.254743 ] }, { "date": "2026-05-01", "close": 13.752085, "volume": 124153, "typical_volume": 119851.9, "trend": 13.141451, "fair_value": 13.097072, "relative_strength": -6.2181, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 50.88339, "energy": 29.330162, "activity_lines": [ 13.57023, 13.576706, 13.402174, 13.295966 ] }, { "date": "2026-05-08", "close": 13.672535, "volume": 73077, "typical_volume": 119714.7, "trend": 13.172803, "fair_value": 13.116676, "relative_strength": -8.41054, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 44.433605, "energy": 27.311081, "activity_lines": [ 13.610282, 13.613359, 13.438143, 13.33023 ] }, { "date": "2026-05-15", "close": 14.348704, "volume": 102572, "typical_volume": 119775.7, "trend": 13.231538, "fair_value": 13.13639, "relative_strength": -3.716133, "stage": 3, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 79.199262, "energy": 58.486821, "activity_lines": [ 13.868888, 13.753135, 13.535474, 13.406094 ] }, { "date": "2026-05-22", "close": 14.239324, "volume": 174960, "typical_volume": 122195.1, "trend": 13.284982, "fair_value": 13.153576, "relative_strength": -4.805287, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 71.572288, "energy": 70.969202, "activity_lines": [ 14.039788, 13.849984, 13.615817, 13.471113 ] }, { "date": "2026-05-29", "close": 13.941014, "volume": 85769, "typical_volume": 119379.85, "trend": 13.319277, "fair_value": 13.170163, "relative_strength": -7.704821, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 60.735836, "energy": 65.020511, "activity_lines": [ 14.053709, 13.879032, 13.662736, 13.513438 ] }, { "date": "2026-06-05", "close": 14.239324, "volume": 115176, "typical_volume": 119059.9, "trend": 13.364172, "fair_value": 13.187692, "relative_strength": -2.915628, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 69.054793, "energy": 72.049808, "activity_lines": [ 14.136573, 13.960119, 13.734142, 13.572795 ] }, { "date": "2026-06-12", "close": 14.020563, "volume": 190960, "typical_volume": 121946.8, "trend": 13.39861, "fair_value": 13.203587, "relative_strength": -4.559257, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 59.371068, "energy": 49.186475, "activity_lines": [ 14.114034, 13.996534, 13.780313, 13.615143 ] }, { "date": "2026-06-19", "close": 14.015592, "volume": 31301, "typical_volume": 120438.15, "trend": 13.440815, "fair_value": 13.219708, "relative_strength": -5.074256, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 55.487298, "energy": 38.71691, "activity_lines": [ 14.066636, 14.023854, 13.822745, 13.654949 ] }, { "date": "2026-06-26", "close": 13.7549, "volume": 61395, "typical_volume": 108967.6, "trend": 13.476139, "fair_value": 13.232717, "relative_strength": -4.297405, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 41.275832, "energy": 27.966535, "activity_lines": [ 13.954548, 13.995855, 13.837157, 13.675212 ] }, { "date": "2026-07-03", "close": 14.07, "volume": 60641, "typical_volume": 108514.2, "trend": 13.511445, "fair_value": 13.243479, "relative_strength": -3.91847, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 42.641201, "energy": 25.257701, "activity_lines": [ 13.979788, 14.018261, 13.878966, 13.713526 ] }, { "date": "2026-07-10", "close": 14.27, "volume": 68220, "typical_volume": 109885.9, "trend": 13.548979, "fair_value": 13.260024, "relative_strength": -3.559616, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 53.922249, "energy": 31.457718, "activity_lines": [ 14.063096, 14.066369, 13.933756, 13.762465 ] }, { "date": "2026-07-17", "close": 14.23, "volume": 70028, "typical_volume": 110995.55, "trend": 13.588796, "fair_value": 13.275848, "relative_strength": -2.044963, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 58.259836, "energy": 35.501874, "activity_lines": [ 14.131026, 14.097788, 13.97813, 13.806402 ] }, { "date": "2026-07-24", "close": 14.665, "volume": 55148, "typical_volume": 109000.8, "trend": 13.64534, "fair_value": 13.2925, "relative_strength": 1.712608, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 75.772831, "energy": 62.097233, "activity_lines": [ 14.329993, 14.198162, 14.056088, 13.875834 ] }, { "date": "2026-07-31", "close": 14.76, "volume": 74099, "typical_volume": 103304.7, "trend": 13.697792, "fair_value": 13.308667, "relative_strength": 1.414415, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 75.66605, "energy": 73.309485, "activity_lines": [ 14.517333, 14.310059, 14.135554, 13.947748 ] }, { "date": "2026-08-07", "close": 14.5312, "volume": 858836, "typical_volume": 138721.1, "trend": 13.744926, "fair_value": 13.320715, "relative_strength": -3.330343, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 62.782767, "energy": 68.596463, "activity_lines": [ 14.5614, 14.370888, 14.187197, 14.001516 ] } ], "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." } } }