{ "ticker": { "uuid": "bc4626bc-d557-4883-becb-7bfc3e2706c7", "symbol": "CBNK", "name": "Mulvihill Canadian Bank Enhanced Y ETF", "exchange": "TOR", "country": "CA", "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": "^GSPTSE", "stage": 2, "stage_name": "Advancing", "phase": "2b", "phase_label": "Stage 2B \u00b7 Advancing", "transition": "stage_2_healthy", "transition_label": "Stage 2 trend intact", "confidence": 96.0, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Established expansion", "architecture_gate": "up", "architecture_direction": 64.056, "architecture_energy": 63.67, "architecture_maturity": 97.825, "architecture_confidence": 78.663, "architecture_tenure": "Established", "architecture": { "interpretation": { "headline": "The weekly architecture is expanding upward.", "body": "Trend and Activity show sustained positive alignment with constructive price acceptance. Directional energy remains positive; cooling within this regime can indicate that it is maturing." }, "scores": { "balance": 18.48, "rotation_up": 51.45, "upward_expansion": 83.0, "deceleration": 71.49, "rotation_down": 28.92, "downward_expansion": 12.0 }, "activity_lines": [ 16.435357, 16.331254, 15.505349, 14.698357 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.5 }, "latest_close": 16.42, "trend_reference": 13.708743, "distance_from_trend": 0.197776, "trend_direction": "Improving", "fair_value": 8.527536, "distance_from_fair_value": 0.925527, "fair_value_direction": "Improving", "relative_strength": 19.840797, "relative_strength_direction": "Improving", "price_momentum": 0.368039, "excess_performance": 0.247618, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.197776, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.138635, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.925527, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.157221, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.198408, "read": "Leading" }, { "label": "Relative strength direction", "positive": true, "value": 0.033918, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.368039, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 3.058471, "read": "Demand-led" } ], "volume": { "latest": 22600, "relative_activity": 0.578745, "balance": 3.058471, "dry_up": 1.638284, "accumulation_observations": 4, "distribution_observations": 2 }, "risk": { "range_context": 0.039552, "annualized_volatility": 0.202032, "from_high_reference": -0.035517, "from_low_reference": 0.874464 }, "levels": { "trend_reference": 13.708743, "fair_value_reference": 8.527536, "structural_low": 11.293215, "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 26, "median_return": 0.027839, "positive_rate": 0.730769, "directional_follow_through": 0.730769, "median_excess_return": 0.013918, "regime_survival": 0.846154, "best_return": 0.104189, "worst_return": -0.064657, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 8, "median_return": 0.09311, "positive_rate": 0.75, "directional_follow_through": 0.75, "median_excess_return": 0.033956, "regime_survival": 0.625, "best_return": 0.224107, "worst_return": -0.019156, "sufficient": true }, { "horizon": "Extended", "sample_count": 4, "median_return": 0.271825, "positive_rate": 1.0, "directional_follow_through": 1.0, "median_excess_return": 0.132448, "regime_survival": 0.5, "best_return": 0.392999, "worst_return": 0.077811, "sufficient": false }, { "horizon": "Full cycle", "sample_count": 2, "median_return": 0.406191, "positive_rate": 1.0, "directional_follow_through": 1.0, "median_excess_return": 0.181527, "regime_survival": 0.5, "best_return": 0.493398, "worst_return": 0.318984, "sufficient": false } ], "ledger": [ { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-03-01", "end": "2024-04-26", "tenure": "Developing", "return": 0.01626, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-05-03", "end": "2024-05-17", "tenure": "New", "return": 0.033519, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-05-24", "end": "2024-06-21", "tenure": "Developing", "return": -0.064657, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-06-28", "end": "2024-08-16", "tenure": "Developing", "return": 0.073549, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-08-23", "end": "2025-01-10", "tenure": "Established", "return": 0.166219, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-01-17", "end": "2025-01-24", "tenure": "New", "return": 0.00939, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-01-31", "end": "2025-02-14", "tenure": "New", "return": -0.022222, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-02-21", "end": "2025-03-14", "tenure": "New", "return": -0.050613, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-03-21", "end": "2025-04-11", "tenure": "New", "return": -0.048962, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-04-18", "end": "2025-05-16", "tenure": "Developing", "return": 0.118219, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-05-23", "end": "2025-06-20", "tenure": "Developing", "return": 0.03744, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-06-27", "end": "2026-03-20", "tenure": "Extended", "return": 0.36912, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-03-27", "end": "2026-04-17", "tenure": "New", "return": 0.165548, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-04-24", "end": "2026-08-07", "tenure": "Established", "return": 0.233119, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 5.42043, "volume": 46900, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-08-25", "close": 5.279639, "volume": 64200, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-09-01", "close": 5.394607, "volume": 15500, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-09-08", "close": 5.276304, "volume": 44200, "typical_volume": 49930.0, "trend": 5.583083, "fair_value": 5.790848, "relative_strength": -6.838865, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -68.092494, "energy": 63.693447, "activity_lines": [ 5.352466, 5.474442, 5.510498, 5.530859 ] }, { "date": "2023-09-15", "close": 5.489248, "volume": 104300, "typical_volume": 53655.0, "trend": 5.561387, "fair_value": 5.787124, "relative_strength": -5.476035, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -56.392173, "energy": 58.240103, "activity_lines": [ 5.380999, 5.46487, 5.506341, 5.524805 ] }, { "date": "2023-09-22", "close": 5.339398, "volume": 110400, "typical_volume": 52810.0, "trend": 5.539421, "fair_value": 5.781664, "relative_strength": -3.993814, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.384295, "energy": 49.305011, "activity_lines": [ 5.370116, 5.428433, 5.488787, 5.510483 ] }, { "date": "2023-09-29", "close": 5.251683, "volume": 70500, "typical_volume": 52780.0, "trend": 5.514832, "fair_value": 5.775279, "relative_strength": -4.246446, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -68.497534, "energy": 50.281168, "activity_lines": [ 5.335398, 5.381551, 5.464214, 5.49192 ] }, { "date": "2023-10-06", "close": 4.981143, "volume": 36700, "typical_volume": 54070.0, "trend": 5.492748, "fair_value": 5.765825, "relative_strength": -7.623674, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -83.833079, "energy": 68.246275, "activity_lines": [ 5.212363, 5.294977, 5.415517, 5.457488 ] }, { "date": "2023-10-13", "close": 5.060714, "volume": 37000, "typical_volume": 54040.0, "trend": 5.482335, "fair_value": 5.757529, "relative_strength": -6.968884, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -73.707225, "energy": 75.720599, "activity_lines": [ 5.143416, 5.237257, 5.377476, 5.429615 ] }, { "date": "2023-10-20", "close": 4.861786, "volume": 72500, "typical_volume": 56270.0, "trend": 5.468797, "fair_value": 5.747114, "relative_strength": -8.781245, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -81.955922, "energy": 84.482527, "activity_lines": [ 5.022532, 5.155029, 5.322387, 5.38958 ] }, { "date": "2023-10-27", "close": 4.758343, "volume": 75800, "typical_volume": 58080.0, "trend": 5.443084, "fair_value": 5.735748, "relative_strength": -8.697433, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -84.550988, "energy": 91.258916, "activity_lines": [ 4.908998, 5.068274, 5.259842, 5.343744 ] }, { "date": "2023-11-03", "close": 5.134383, "volume": 51500, "typical_volume": 59570.0, "trend": 5.429906, "fair_value": 5.728915, "relative_strength": -6.68374, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.158674, "energy": 72.076251, "activity_lines": [ 4.959548, 5.061928, 5.236366, 5.323828 ] }, { "date": "2023-11-10", "close": 5.102241, "volume": 73200, "typical_volume": 62300.0, "trend": 5.411364, "fair_value": 5.721873, "relative_strength": -6.255384, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.508908, "energy": 49.94027, "activity_lines": [ 5.007203, 5.052379, 5.211844, 5.302688 ] }, { "date": "2023-11-17", "close": 5.319189, "volume": 87200, "typical_volume": 65440.0, "trend": 5.398538, "fair_value": 5.717399, "relative_strength": -4.591101, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -39.788109, "energy": 27.937488, "activity_lines": [ 5.119102, 5.08759, 5.209015, 5.296741 ] }, { "date": "2023-11-24", "close": 5.246874, "volume": 31200, "typical_volume": 66550.0, "trend": 5.384333, "fair_value": 5.712229, "relative_strength": -5.314576, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -32.036012, "energy": 24.948305, "activity_lines": [ 5.189664, 5.108874, 5.20054, 5.286956 ] }, { "date": "2023-12-01", "close": 5.39255, "volume": 58000, "typical_volume": 63050.0, "trend": 5.376766, "fair_value": 5.708754, "relative_strength": -4.198827, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -12.426756, "energy": 19.409877, "activity_lines": [ 5.283112, 5.161052, 5.207194, 5.287486 ] }, { "date": "2023-12-08", "close": 5.473639, "volume": 120300, "typical_volume": 63330.0, "trend": 5.372664, "fair_value": 5.706226, "relative_strength": -2.063418, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 6.933608, "energy": 22.506803, "activity_lines": [ 5.361309, 5.227006, 5.222758, 5.293736 ] }, { "date": "2023-12-15", "close": 5.676367, "volume": 110100, "typical_volume": 66020.0, "trend": 5.374303, "fair_value": 5.705908, "relative_strength": 0.608352, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 37.797402, "energy": 38.111255, "activity_lines": [ 5.484465, 5.325784, 5.259061, 5.31333 ] }, { "date": "2023-12-22", "close": 5.862876, "volume": 174300, "typical_volume": 71875.0, "trend": 5.387757, "fair_value": 5.70756, "relative_strength": 2.183239, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 46.835772, "energy": 63.938005, "activity_lines": [ 5.631516, 5.445833, 5.313583, 5.344851 ] }, { "date": "2023-12-29", "close": 5.934417, "volume": 68800, "typical_volume": 72630.0, "trend": 5.406737, "fair_value": 5.709923, "relative_strength": 3.043517, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 45.379933, "energy": 72.075085, "activity_lines": [ 5.766168, 5.564304, 5.374153, 5.380119 ] }, { "date": "2024-01-05", "close": 5.926244, "volume": 29900, "typical_volume": 71780.0, "trend": 5.422879, "fair_value": 5.712154, "relative_strength": 3.019555, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 49.412585, "energy": 77.727773, "activity_lines": [ 5.852259, 5.661787, 5.432577, 5.413636 ] }, { "date": "2024-01-12", "close": 5.762762, "volume": 239000, "typical_volume": 80520.0, "trend": 5.429722, "fair_value": 5.71267, "relative_strength": 0.016621, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 66.747978, "energy": 81.106848, "activity_lines": [ 5.848277, 5.708311, 5.473023, 5.435564 ] }, { "date": "2024-01-19", "close": 5.787283, "volume": 109700, "typical_volume": 85230.0, "trend": 5.445337, "fair_value": 5.713424, "relative_strength": 0.892197, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.08841, "energy": 70.366194, "activity_lines": [ 5.833194, 5.747869, 5.513503, 5.458632 ] }, { "date": "2024-01-26", "close": 5.852677, "volume": 98500, "typical_volume": 87945.0, "trend": 5.454426, "fair_value": 5.714816, "relative_strength": 1.057052, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.361875, "energy": 52.496909, "activity_lines": [ 5.832514, 5.786861, 5.558342, 5.484912 ] }, { "date": "2024-02-02", "close": 5.776468, "volume": 196000, "typical_volume": 92530.0, "trend": 5.463302, "fair_value": 5.715427, "relative_strength": 0.069444, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 58.501028, "energy": 44.980839, "activity_lines": [ 5.807111, 5.802297, 5.593177, 5.505689 ] }, { "date": "2024-02-09", "close": 5.743507, "volume": 52000, "typical_volume": 89610.0, "trend": 5.466683, "fair_value": 5.715702, "relative_strength": 0.023145, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 46.444539, "energy": 37.508583, "activity_lines": [ 5.781251, 5.802112, 5.623507, 5.523767 ] }, { "date": "2024-02-16", "close": 5.84239, "volume": 102500, "typical_volume": 91210.0, "trend": 5.468961, "fair_value": 5.716932, "relative_strength": 0.740837, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 49.575493, "energy": 38.222161, "activity_lines": [ 5.800535, 5.813524, 5.661329, 5.548006 ] }, { "date": "2024-02-23", "close": 5.924795, "volume": 119400, "typical_volume": 95345.0, "trend": 5.474041, "fair_value": 5.718931, "relative_strength": 1.552847, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 66.379742, "energy": 45.031808, "activity_lines": [ 5.841978, 5.833214, 5.704186, 5.577415 ] }, { "date": "2024-03-01", "close": 5.948598, "volume": 279500, "typical_volume": 107470.0, "trend": 5.48226, "fair_value": 5.721118, "relative_strength": 1.409657, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 68.87869, "energy": 53.592688, "activity_lines": [ 5.882188, 5.852715, 5.744817, 5.608031 ] }, { "date": "2024-03-08", "close": 6.064913, "volume": 136000, "typical_volume": 110645.0, "trend": 5.496182, "fair_value": 5.724361, "relative_strength": 2.558439, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 76.007914, "energy": 71.695881, "activity_lines": [ 5.954775, 5.891806, 5.792297, 5.645622 ] }, { "date": "2024-03-15", "close": 6.089837, "volume": 143000, "typical_volume": 114005.0, "trend": 5.518496, "fair_value": 5.727777, "relative_strength": 2.442002, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 76.577942, "energy": 84.900421, "activity_lines": [ 6.016441, 5.933055, 5.836422, 5.683922 ] }, { "date": "2024-03-22", "close": 6.214458, "volume": 189100, "typical_volume": 120885.0, "trend": 5.549656, "fair_value": 5.732283, "relative_strength": 3.804791, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 84.445479, "energy": 91.474804, "activity_lines": [ 6.096558, 5.993989, 5.886075, 5.728823 ] }, { "date": "2024-03-29", "close": 6.31326, "volume": 100600, "typical_volume": 122255.0, "trend": 5.580278, "fair_value": 5.737613, "relative_strength": 4.513508, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 86.019849, "energy": 92.990329, "activity_lines": [ 6.184804, 6.064674, 5.939995, 5.778088 ] }, { "date": "2024-04-05", "close": 6.246276, "volume": 71700, "typical_volume": 121480.0, "trend": 5.612611, "fair_value": 5.742237, "relative_strength": 2.903184, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 71.712497, "energy": 86.544158, "activity_lines": [ 6.224825, 6.113617, 5.981768, 5.821055 ] }, { "date": "2024-04-12", "close": 6.087189, "volume": 98000, "typical_volume": 124820.0, "trend": 5.632542, "fair_value": 5.745345, "relative_strength": 1.929383, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.199289, "energy": 62.60459, "activity_lines": [ 6.191972, 6.126478, 6.003976, 5.851673 ] }, { "date": "2024-04-19", "close": 6.028578, "volume": 67300, "typical_volume": 125285.0, "trend": 5.655515, "fair_value": 5.747874, "relative_strength": 1.370859, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 62.468924, "energy": 54.102803, "activity_lines": [ 6.138097, 6.123034, 6.0166, 5.877224 ] }, { "date": "2024-04-26", "close": 6.045324, "volume": 202000, "typical_volume": 129370.0, "trend": 5.681969, "fair_value": 5.750506, "relative_strength": 0.901872, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 46.314103, "energy": 36.259156, "activity_lines": [ 6.093887, 6.117451, 6.02779, 5.902373 ] }, { "date": "2024-05-03", "close": 6.043636, "volume": 137400, "typical_volume": 130735.0, "trend": 5.717386, "fair_value": 5.753078, "relative_strength": 0.961048, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 39.18377, "energy": 24.666896, "activity_lines": [ 6.060391, 6.107872, 6.036097, 5.925706 ] }, { "date": "2024-05-10", "close": 6.212452, "volume": 90200, "typical_volume": 126530.0, "trend": 5.755777, "fair_value": 5.757072, "relative_strength": 2.06788, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 53.594291, "energy": 31.664136, "activity_lines": [ 6.101141, 6.126825, 6.058733, 5.957646 ] }, { "date": "2024-05-17", "close": 6.246214, "volume": 124700, "typical_volume": 129325.0, "trend": 5.801925, "fair_value": 5.761289, "relative_strength": 1.896688, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 68.456383, "energy": 44.631597, "activity_lines": [ 6.155401, 6.14712, 6.08292, 5.989287 ] }, { "date": "2024-05-24", "close": 6.20401, "volume": 46900, "typical_volume": 130175.0, "trend": 5.850114, "fair_value": 5.765073, "relative_strength": 1.835461, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 60.292306, "energy": 45.173254, "activity_lines": [ 6.184991, 6.156445, 6.101602, 6.015228 ] }, { "date": "2024-05-31", "close": 6.177258, "volume": 54800, "typical_volume": 120965.0, "trend": 5.884876, "fair_value": 5.768566, "relative_strength": 1.564436, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 57.163144, "energy": 44.78029, "activity_lines": [ 6.193967, 6.15883, 6.116414, 6.036334 ] }, { "date": "2024-06-07", "close": 6.126207, "volume": 137300, "typical_volume": 122345.0, "trend": 5.919008, "fair_value": 5.771571, "relative_strength": 1.890257, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 53.502495, "energy": 37.533369, "activity_lines": [ 6.177132, 6.15261, 6.124391, 6.051904 ] }, { "date": "2024-06-14", "close": 5.879456, "volume": 285700, "typical_volume": 131705.0, "trend": 5.937684, "fair_value": 5.77247, "relative_strength": -0.505554, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 1.057338, "energy": 5.109408, "activity_lines": [ 6.072541, 6.104927, 6.107253, 6.049352 ] }, { "date": "2024-06-21", "close": 5.802877, "volume": 341900, "typical_volume": 139000.0, "trend": 5.956217, "fair_value": 5.772722, "relative_strength": -1.385251, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": -13.012479, "energy": 23.544249, "activity_lines": [ 5.964624, 6.049989, 6.082694, 6.040655 ] }, { "date": "2024-06-28", "close": 5.92872, "volume": 102400, "typical_volume": 141520.0, "trend": 5.97409, "fair_value": 5.774, "relative_strength": -0.683818, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -16.609207, "energy": 29.416474, "activity_lines": [ 5.92821, 6.023102, 6.069995, 6.038881 ] }, { "date": "2024-07-05", "close": 5.980201, "volume": 40700, "typical_volume": 138430.0, "trend": 5.990975, "fair_value": 5.775677, "relative_strength": -0.606082, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -18.195178, "energy": 29.636783, "activity_lines": [ 5.927309, 6.00739, 6.061317, 6.039275 ] }, { "date": "2024-07-12", "close": 6.186118, "volume": 105100, "typical_volume": 137715.0, "trend": 6.007967, "fair_value": 5.778987, "relative_strength": 0.069479, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 23.309629, "energy": 18.910778, "activity_lines": [ 6.008184, 6.030302, 6.071594, 6.051865 ] }, { "date": "2024-07-19", "close": 6.237599, "volume": 92000, "typical_volume": 128340.0, "trend": 6.020457, "fair_value": 5.782656, "relative_strength": 0.870566, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 46.017727, "energy": 24.746843, "activity_lines": [ 6.102226, 6.059983, 6.085529, 6.06668 ] }, { "date": "2024-07-26", "close": 6.306236, "volume": 35700, "typical_volume": 123325.0, "trend": 6.032851, "fair_value": 5.786811, "relative_strength": 1.459575, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 54.731605, "energy": 38.967072, "activity_lines": [ 6.19527, 6.101687, 6.104625, 6.085117 ] }, { "date": "2024-08-02", "close": 6.113986, "volume": 84500, "typical_volume": 120400.0, "trend": 6.039109, "fair_value": 5.789387, "relative_strength": 1.012988, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 51.392067, "energy": 36.885767, "activity_lines": [ 6.190674, 6.107345, 6.104262, 6.090352 ] }, { "date": "2024-08-09", "close": 6.17452, "volume": 118000, "typical_volume": 116845.0, "trend": 6.052835, "fair_value": 5.792396, "relative_strength": 1.630255, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 50.478905, "energy": 38.272912, "activity_lines": [ 6.193905, 6.125645, 6.109549, 6.099088 ] }, { "date": "2024-08-16", "close": 6.364771, "volume": 125200, "typical_volume": 118075.0, "trend": 6.072084, "fair_value": 5.796833, "relative_strength": 1.365723, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 65.260294, "energy": 52.173335, "activity_lines": [ 6.247598, 6.178587, 6.133146, 6.119213 ] }, { "date": "2024-08-23", "close": 6.468544, "volume": 107100, "typical_volume": 119845.0, "trend": 6.092613, "fair_value": 5.802, "relative_strength": 1.91065, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 69.858717, "energy": 51.554985, "activity_lines": [ 6.323971, 6.246059, 6.166381, 6.144791 ] }, { "date": "2024-08-30", "close": 6.631574, "volume": 327100, "typical_volume": 131300.0, "trend": 6.121117, "fair_value": 5.808333, "relative_strength": 4.052485, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 78.669356, "energy": 73.078993, "activity_lines": [ 6.439292, 6.332462, 6.214083, 6.179563 ] }, { "date": "2024-09-06", "close": 6.657717, "volume": 35400, "typical_volume": 129705.0, "trend": 6.15159, "fair_value": 5.814767, "relative_strength": 6.831199, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 74.87219, "energy": 78.622211, "activity_lines": [ 6.541638, 6.408551, 6.261684, 6.214182 ] }, { "date": "2024-09-13", "close": 6.98886, "volume": 156200, "typical_volume": 127415.0, "trend": 6.189806, "fair_value": 5.823595, "relative_strength": 8.167867, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 88.942061, "energy": 90.89548, "activity_lines": [ 6.718117, 6.531594, 6.337825, 6.268199 ] }, { "date": "2024-09-20", "close": 7.128288, "volume": 43200, "typical_volume": 122705.0, "trend": 6.229923, "fair_value": 5.833332, "relative_strength": 8.726018, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 89.711344, "energy": 95.169037, "activity_lines": [ 6.886782, 6.661647, 6.422753, 6.328747 ] }, { "date": "2024-09-27", "close": 7.109045, "volume": 73600, "typical_volume": 121875.0, "trend": 6.268604, "fair_value": 5.842781, "relative_strength": 7.816549, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 80.324632, "energy": 92.039441, "activity_lines": [ 6.998131, 6.771072, 6.500683, 6.385464 ] }, { "date": "2024-10-04", "close": 7.126596, "volume": 135200, "typical_volume": 122400.0, "trend": 6.303994, "fair_value": 5.852221, "relative_strength": 6.891444, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 74.653014, "energy": 89.855514, "activity_lines": [ 7.072631, 6.867843, 6.576015, 6.440819 ] }, { "date": "2024-10-11", "close": 7.161702, "volume": 127600, "typical_volume": 126435.0, "trend": 6.339722, "fair_value": 5.86178, "relative_strength": 5.823528, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 73.01673, "energy": 88.090312, "activity_lines": [ 7.125831, 6.956082, 6.650498, 6.496155 ] }, { "date": "2024-10-18", "close": 7.293353, "volume": 64400, "typical_volume": 126915.0, "trend": 6.375686, "fair_value": 5.872153, "relative_strength": 5.952738, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 80.135929, "energy": 87.010235, "activity_lines": [ 7.189316, 7.049207, 6.732959, 6.557679 ] }, { "date": "2024-10-25", "close": 7.24508, "volume": 64000, "typical_volume": 123250.0, "trend": 6.406746, "fair_value": 5.88203, "relative_strength": 6.483476, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 71.786256, "energy": 70.526217, "activity_lines": [ 7.21641, 7.113214, 6.805508, 6.613769 ] }, { "date": "2024-11-01", "close": 7.247516, "volume": 49000, "typical_volume": 111415.0, "trend": 6.440121, "fair_value": 5.891784, "relative_strength": 7.139966, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 69.828158, "energy": 71.362884, "activity_lines": [ 7.236531, 7.161657, 6.872961, 6.668012 ] }, { "date": "2024-11-08", "close": 7.406606, "volume": 50500, "typical_volume": 96845.0, "trend": 6.484101, "fair_value": 5.902527, "relative_strength": 6.970398, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 80.11087, "energy": 70.219344, "activity_lines": [ 7.300449, 7.224863, 6.94905, 6.730366 ] }, { "date": "2024-11-15", "close": 7.4508, "volume": 78800, "typical_volume": 95665.0, "trend": 6.531509, "fair_value": 5.913431, "relative_strength": 6.778904, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 79.258747, "energy": 70.090175, "activity_lines": [ 7.360432, 7.282013, 7.021712, 6.792734 ] }, { "date": "2024-11-22", "close": 7.627569, "volume": 38500, "typical_volume": 95555.0, "trend": 6.58425, "fair_value": 5.925418, "relative_strength": 6.650173, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 86.462441, "energy": 83.459933, "activity_lines": [ 7.460065, 7.356883, 7.103961, 6.863447 ] }, { "date": "2024-11-29", "close": 7.670038, "volume": 40200, "typical_volume": 92310.0, "trend": 6.638464, "fair_value": 5.937533, "relative_strength": 6.135235, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 82.906691, "energy": 87.515513, "activity_lines": [ 7.551573, 7.427862, 7.18241, 6.933498 ] }, { "date": "2024-12-06", "close": 7.732325, "volume": 46400, "typical_volume": 90030.0, "trend": 6.689126, "fair_value": 5.949911, "relative_strength": 6.583796, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 80.418208, "energy": 86.523892, "activity_lines": [ 7.635513, 7.500315, 7.259725, 7.00407 ] }, { "date": "2024-12-13", "close": 7.696733, "volume": 51800, "typical_volume": 90835.0, "trend": 6.737477, "fair_value": 5.961875, "relative_strength": 7.640266, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 72.304514, "energy": 84.165639, "activity_lines": [ 7.675268, 7.554965, 7.326532, 7.069077 ] }, { "date": "2024-12-20", "close": 7.536572, "volume": 59200, "typical_volume": 89570.0, "trend": 6.781896, "fair_value": 5.972588, "relative_strength": 8.103573, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.282119, "energy": 66.079147, "activity_lines": [ 7.642294, 7.570129, 7.371464, 7.120631 ] }, { "date": "2024-12-27", "close": 7.545468, "volume": 29400, "typical_volume": 85140.0, "trend": 6.827503, "fair_value": 5.983215, "relative_strength": 7.21791, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.612037, "energy": 62.737731, "activity_lines": [ 7.606568, 7.580094, 7.41047, 7.169894 ] }, { "date": "2025-01-03", "close": 7.579576, "volume": 20700, "typical_volume": 79915.0, "trend": 6.875948, "fair_value": 5.993929, "relative_strength": 6.373538, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 52.485521, "energy": 54.703168, "activity_lines": [ 7.587684, 7.591677, 7.446195, 7.218415 ] }, { "date": "2025-01-10", "close": 7.543738, "volume": 41800, "typical_volume": 76650.0, "trend": 6.931424, "fair_value": 6.004261, "relative_strength": 6.960347, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 47.810126, "energy": 44.772837, "activity_lines": [ 7.562885, 7.590662, 7.472723, 7.261498 ] }, { "date": "2025-01-17", "close": 7.633331, "volume": 109700, "typical_volume": 65780.0, "trend": 6.992439, "fair_value": 6.01505, "relative_strength": 6.734955, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 52.443799, "energy": 45.460786, "activity_lines": [ 7.580523, 7.600551, 7.502663, 7.306782 ] }, { "date": "2025-01-24", "close": 7.705005, "volume": 212100, "typical_volume": 74615.0, "trend": 7.051649, "fair_value": 6.026168, "relative_strength": 5.860678, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 69.445129, "energy": 53.98935, "activity_lines": [ 7.626279, 7.619349, 7.534659, 7.352754 ] }, { "date": "2025-01-31", "close": 7.711444, "volume": 103000, "typical_volume": 71955.0, "trend": 7.109357, "fair_value": 6.037183, "relative_strength": 5.481934, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.553289, "energy": 53.127575, "activity_lines": [ 7.662952, 7.634696, 7.562282, 7.395322 ] }, { "date": "2025-02-07", "close": 7.522038, "volume": 52900, "typical_volume": 72440.0, "trend": 7.153888, "fair_value": 6.046825, "relative_strength": 3.101681, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 55.744917, "energy": 41.595624, "activity_lines": [ 7.625425, 7.61408, 7.568424, 7.421946 ] }, { "date": "2025-02-14", "close": 7.540078, "volume": 32900, "typical_volume": 70405.0, "trend": 7.197304, "fair_value": 6.056459, "relative_strength": 3.040253, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 42.624334, "energy": 30.614144, "activity_lines": [ 7.597748, 7.599436, 7.57441, 7.446862 ] }, { "date": "2025-02-21", "close": 7.481453, "volume": 14800, "typical_volume": 64385.0, "trend": 7.236478, "fair_value": 6.065593, "relative_strength": 3.461716, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 36.152558, "energy": 19.685163, "activity_lines": [ 7.550772, 7.577628, 7.57276, 7.465194 ] }, { "date": "2025-02-28", "close": 7.520604, "volume": 41500, "typical_volume": 60080.0, "trend": 7.283365, "fair_value": 6.070544, "relative_strength": 2.854911, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 20.42637, "energy": 16.009338, "activity_lines": [ 7.526972, 7.566852, 7.573149, 7.483525 ] }, { "date": "2025-03-07", "close": 7.211786, "volume": 86600, "typical_volume": 61190.0, "trend": 7.31794, "fair_value": 6.073737, "relative_strength": 1.07697, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -12.76505, "energy": 21.312086, "activity_lines": [ 7.412527, 7.500218, 7.542418, 7.478907 ] }, { "date": "2025-03-14", "close": 7.102792, "volume": 317900, "typical_volume": 73885.0, "trend": 7.342541, "fair_value": 6.076231, "relative_strength": 0.311462, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -38.853971, "energy": 47.0605, "activity_lines": [ 7.29506, 7.419834, 7.501694, 7.465026 ] }, { "date": "2025-03-21", "close": 7.139124, "volume": 19900, "typical_volume": 72430.0, "trend": 7.364894, "fair_value": 6.078183, "relative_strength": -0.873083, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -34.005952, "energy": 59.785892, "activity_lines": [ 7.217654, 7.354724, 7.465108, 7.451903 ] }, { "date": "2025-03-28", "close": 7.139124, "volume": 33200, "typical_volume": 71565.0, "trend": 7.381812, "fair_value": 6.080746, "relative_strength": -0.058692, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -39.736851, "energy": 65.580098, "activity_lines": [ 7.166978, 7.296971, 7.429039, 7.437337 ] }, { "date": "2025-04-04", "close": 6.853632, "volume": 32400, "typical_volume": 69245.0, "trend": 7.388343, "fair_value": 6.081478, "relative_strength": 2.319566, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -56.091647, "energy": 73.764881, "activity_lines": [ 7.04396, 7.196296, 7.367053, 7.403261 ] }, { "date": "2025-04-11", "close": 6.789579, "volume": 235300, "typical_volume": 79085.0, "trend": 7.3817, "fair_value": 6.0818, "relative_strength": -0.396704, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -78.059156, "energy": 75.047676, "activity_lines": [ 6.944056, 7.099454, 7.301811, 7.364631 ] }, { "date": "2025-04-18", "close": 6.981737, "volume": 36500, "typical_volume": 78900.0, "trend": 7.376815, "fair_value": 6.084777, "relative_strength": -0.219674, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.883569, "energy": 59.745145, "activity_lines": [ 6.936351, 7.054312, 7.25886, 7.338827 ] }, { "date": "2025-04-25", "close": 7.173896, "volume": 176800, "typical_volume": 85420.0, "trend": 7.378976, "fair_value": 6.090328, "relative_strength": 0.277617, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -59.336626, "energy": 44.651208, "activity_lines": [ 7.00077, 7.053931, 7.237488, 7.325735 ] }, { "date": "2025-05-02", "close": 7.429199, "volume": 68700, "typical_volume": 86265.0, "trend": 7.389063, "fair_value": 6.097515, "relative_strength": 2.368882, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -32.213025, "energy": 21.615149, "activity_lines": [ 7.147972, 7.106627, 7.243089, 7.328975 ] }, { "date": "2025-05-09", "close": 7.521375, "volume": 77600, "typical_volume": 87185.0, "trend": 7.401052, "fair_value": 6.108338, "relative_strength": 2.182868, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -12.198397, "energy": 18.015576, "activity_lines": [ 7.306561, 7.177032, 7.258743, 7.337512 ] }, { "date": "2025-05-16", "close": 7.807113, "volume": 60100, "typical_volume": 88720.0, "trend": 7.418178, "fair_value": 6.120993, "relative_strength": 3.40196, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "mixed", "direction": 25.035028, "energy": 32.090135, "activity_lines": [ 7.515879, 7.299375, 7.301682, 7.363709 ] }, { "date": "2025-05-23", "close": 7.8532, "volume": 15300, "typical_volume": 88450.0, "trend": 7.438448, "fair_value": 6.130944, "relative_strength": 4.20593, "stage": 2, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 36.718198, "energy": 42.416733, "activity_lines": [ 7.672725, 7.419274, 7.347765, 7.391775 ] }, { "date": "2025-05-30", "close": 7.99876, "volume": 48500, "typical_volume": 88785.0, "trend": 7.46349, "fair_value": 6.141971, "relative_strength": 4.745762, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 40.210746, "energy": 63.208729, "activity_lines": [ 7.819993, 7.551994, 7.406408, 7.427924 ] }, { "date": "2025-06-06", "close": 8.072993, "volume": 43500, "typical_volume": 85475.0, "trend": 7.485703, "fair_value": 6.155187, "relative_strength": 4.515263, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 50.897483, "energy": 73.646351, "activity_lines": [ 7.937014, 7.682582, 7.469953, 7.467247 ] }, { "date": "2025-06-13", "close": 7.970923, "volume": 65300, "typical_volume": 78135.0, "trend": 7.50304, "fair_value": 6.170137, "relative_strength": 2.704443, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 39.095418, "energy": 69.311807, "activity_lines": [ 7.977092, 7.777632, 7.521685, 7.498551 ] }, { "date": "2025-06-20", "close": 8.147226, "volume": 78700, "typical_volume": 76920.0, "trend": 7.520362, "fair_value": 6.187029, "relative_strength": 4.739874, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 73.752307, "energy": 79.12689, "activity_lines": [ 8.045968, 7.884422, 7.58894, 7.540112 ] }, { "date": "2025-06-27", "close": 8.277137, "volume": 37700, "typical_volume": 76160.0, "trend": 7.540599, "fair_value": 6.204539, "relative_strength": 5.364086, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 76.557499, "energy": 79.409403, "activity_lines": [ 8.135474, 7.990149, 7.666493, 7.588936 ] }, { "date": "2025-07-04", "close": 8.48075, "volume": 56900, "typical_volume": 77360.0, "trend": 7.565546, "fair_value": 6.222491, "relative_strength": 6.230482, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 82.997743, "energy": 86.647772, "activity_lines": [ 8.264588, 8.109343, 7.759842, 7.649591 ] }, { "date": "2025-07-11", "close": 8.564812, "volume": 62100, "typical_volume": 79725.0, "trend": 7.594482, "fair_value": 6.243343, "relative_strength": 7.085247, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 84.389798, "energy": 93.161055, "activity_lines": [ 8.38959, 8.22006, 7.856717, 7.71406 ] }, { "date": "2025-07-18", "close": 8.639531, "volume": 30700, "typical_volume": 79185.0, "trend": 7.631247, "fair_value": 6.262813, "relative_strength": 6.583085, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 81.320695, "energy": 92.504244, "activity_lines": [ 8.50671, 8.323715, 7.95555, 7.781482 ] }, { "date": "2025-07-25", "close": 8.751612, "volume": 26900, "typical_volume": 76200.0, "trend": 7.671452, "fair_value": 6.281962, "relative_strength": 6.966991, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 84.698147, "energy": 94.221236, "activity_lines": [ 8.616617, 8.427418, 8.059729, 7.853764 ] }, { "date": "2025-08-01", "close": 8.57186, "volume": 42700, "typical_volume": 62440.0, "trend": 7.704528, "fair_value": 6.299821, "relative_strength": 6.318101, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 68.260819, "energy": 88.016204, "activity_lines": [ 8.626314, 8.481266, 8.139456, 7.911855 ] }, { "date": "2025-08-08", "close": 8.74104, "volume": 30000, "typical_volume": 62945.0, "trend": 7.744438, "fair_value": 6.317622, "relative_strength": 5.27407, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 75.901295, "energy": 85.331415, "activity_lines": [ 8.672757, 8.552808, 8.2283, 7.978726 ] }, { "date": "2025-08-15", "close": 8.966616, "volume": 48700, "typical_volume": 63720.0, "trend": 7.788881, "fair_value": 6.336686, "relative_strength": 7.111143, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 88.059097, "energy": 91.701917, "activity_lines": [ 8.777038, 8.651868, 8.330999, 8.057577 ] }, { "date": "2025-08-22", "close": 9.041808, "volume": 33500, "typical_volume": 63775.0, "trend": 7.833441, "fair_value": 6.357832, "relative_strength": 6.09812, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 85.70205, "energy": 73.951897, "activity_lines": [ 8.879597, 8.748351, 8.432157, 8.138411 ] }, { "date": "2025-08-29", "close": 9.331508, "volume": 40300, "typical_volume": 54025.0, "trend": 7.887444, "fair_value": 6.38204, "relative_strength": 8.315262, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 92.622846, "energy": 92.584923, "activity_lines": [ 9.051904, 8.878036, 8.550485, 8.23506 ] }, { "date": "2025-09-05", "close": 9.59623, "volume": 64700, "typical_volume": 55435.0, "trend": 7.956583, "fair_value": 6.406564, "relative_strength": 9.258859, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 93.237887, "energy": 96.072147, "activity_lines": [ 9.273792, 9.03432, 8.681921, 8.345304 ] }, { "date": "2025-09-12", "close": 9.738048, "volume": 32600, "typical_volume": 48225.0, "trend": 8.029849, "fair_value": 6.432503, "relative_strength": 9.739251, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 91.706719, "energy": 94.631822, "activity_lines": [ 9.474661, 9.192406, 8.814413, 8.460237 ] }, { "date": "2025-09-19", "close": 9.983862, "volume": 94800, "typical_volume": 49530.0, "trend": 8.113263, "fair_value": 6.461861, "relative_strength": 10.420487, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 93.209626, "energy": 97.07321, "activity_lines": [ 9.691001, 9.372325, 8.958106, 8.586303 ] }, { "date": "2025-09-26", "close": 10.031134, "volume": 48200, "typical_volume": 48060.0, "trend": 8.196947, "fair_value": 6.4913, "relative_strength": 10.687289, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 86.693012, "energy": 94.816157, "activity_lines": [ 9.855282, 9.535038, 9.094136, 8.710036 ] }, { "date": "2025-10-03", "close": 10.124295, "volume": 93900, "typical_volume": 49750.0, "trend": 8.294031, "fair_value": 6.522311, "relative_strength": 8.854302, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 83.829813, "energy": 93.556483, "activity_lines": [ 9.984662, 9.689388, 9.227087, 8.834382 ] }, { "date": "2025-10-10", "close": 9.981701, "volume": 43600, "typical_volume": 51165.0, "trend": 8.389994, "fair_value": 6.551618, "relative_strength": 9.265823, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.580275, "energy": 79.82409, "activity_lines": [ 10.013657, 9.792853, 9.335424, 8.943263 ] }, { "date": "2025-10-17", "close": 10.010219, "volume": 28100, "typical_volume": 50145.0, "trend": 8.485697, "fair_value": 6.580784, "relative_strength": 8.37725, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.068031, "energy": 67.946832, "activity_lines": [ 10.026461, 9.875871, 9.436341, 9.047794 ] }, { "date": "2025-10-24", "close": 10.190842, "volume": 21800, "typical_volume": 49060.0, "trend": 8.587421, "fair_value": 6.61, "relative_strength": 9.172759, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 76.728591, "energy": 70.648809, "activity_lines": [ 10.081328, 9.968652, 9.544881, 9.157803 ] }, { "date": "2025-10-31", "close": 10.30347, "volume": 20800, "typical_volume": 46835.0, "trend": 8.702416, "fair_value": 6.639845, "relative_strength": 10.428498, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 79.867846, "energy": 71.477965, "activity_lines": [ 10.159938, 10.059653, 9.654063, 9.268516 ] }, { "date": "2025-11-07", "close": 10.188774, "volume": 19200, "typical_volume": 43860.0, "trend": 8.815722, "fair_value": 6.667551, "relative_strength": 10.186427, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.082432, "energy": 66.676523, "activity_lines": [ 10.182161, 10.106861, 9.741215, 9.36441 ] }, { "date": "2025-11-14", "close": 10.465955, "volume": 33600, "typical_volume": 43655.0, "trend": 8.931863, "fair_value": 6.69694, "relative_strength": 11.320801, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 81.522211, "energy": 71.866391, "activity_lines": [ 10.292479, 10.188879, 9.845043, 9.470877 ] }, { "date": "2025-11-21", "close": 10.427725, "volume": 83000, "typical_volume": 44960.0, "trend": 9.040324, "fair_value": 6.725056, "relative_strength": 11.206816, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 73.869745, "energy": 68.73837, "activity_lines": [ 10.35777, 10.248133, 9.934807, 9.567384 ] }, { "date": "2025-11-28", "close": 10.789151, "volume": 31500, "typical_volume": 43430.0, "trend": 9.152322, "fair_value": 6.756623, "relative_strength": 10.275377, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 89.80728, "energy": 74.816794, "activity_lines": [ 10.515703, 10.36056, 10.049721, 9.680212 ] }, { "date": "2025-12-05", "close": 11.183058, "volume": 37100, "typical_volume": 43750.0, "trend": 9.274378, "fair_value": 6.791752, "relative_strength": 14.166406, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 95.1319, "energy": 84.430495, "activity_lines": [ 10.76505, 10.529966, 10.191558, 9.811227 ] }, { "date": "2025-12-12", "close": 11.39442, "volume": 31600, "typical_volume": 43985.0, "trend": 9.393955, "fair_value": 6.829931, "relative_strength": 15.124642, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 93.766123, "energy": 95.83474, "activity_lines": [ 11.026213, 10.716857, 10.341413, 9.948004 ] }, { "date": "2025-12-19", "close": 11.452066, "volume": 34500, "typical_volume": 43575.0, "trend": 9.513918, "fair_value": 6.867868, "relative_strength": 14.494314, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 87.688212, "energy": 95.3807, "activity_lines": [ 11.226214, 10.891136, 10.484173, 10.080785 ] }, { "date": "2025-12-26", "close": 11.480886, "volume": 16800, "typical_volume": 42915.0, "trend": 9.629988, "fair_value": 6.906375, "relative_strength": 13.529576, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 79.76997, "energy": 92.595509, "activity_lines": [ 11.370081, 11.043921, 10.615962, 10.207686 ] }, { "date": "2026-01-02", "close": 11.546303, "volume": 36100, "typical_volume": 42285.0, "trend": 9.745765, "fair_value": 6.944161, "relative_strength": 14.177477, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 77.372624, "energy": 90.975521, "activity_lines": [ 11.465544, 11.181861, 10.740935, 10.33132 ] }, { "date": "2026-01-09", "close": 11.729731, "volume": 38300, "typical_volume": 42525.0, "trend": 9.871059, "fair_value": 6.981842, "relative_strength": 13.019311, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 83.571579, "energy": 86.328134, "activity_lines": [ 11.571672, 11.328507, 10.871093, 10.459317 ] }, { "date": "2026-01-16", "close": 11.84558, "volume": 41700, "typical_volume": 42595.0, "trend": 9.994337, "fair_value": 7.020503, "relative_strength": 12.291601, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 84.309691, "energy": 75.409784, "activity_lines": [ 11.679971, 11.470283, 10.999484, 10.586706 ] }, { "date": "2026-01-23", "close": 11.700768, "volume": 21000, "typical_volume": 40410.0, "trend": 10.108459, "fair_value": 7.05719, "relative_strength": 10.234252, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.377436, "energy": 68.357843, "activity_lines": [ 11.709923, 11.555607, 11.102112, 10.696798 ] }, { "date": "2026-01-30", "close": 11.516253, "volume": 35900, "typical_volume": 40575.0, "trend": 10.209642, "fair_value": 7.09194, "relative_strength": 12.251462, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.630001, "energy": 66.940257, "activity_lines": [ 11.661789, 11.584932, 11.177146, 10.787624 ] }, { "date": "2026-02-06", "close": 12.002582, "volume": 98500, "typical_volume": 40760.0, "trend": 10.324234, "fair_value": 7.129615, "relative_strength": 14.512149, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 83.424874, "energy": 71.928341, "activity_lines": [ 11.773408, 11.682888, 11.290029, 10.903297 ] }, { "date": "2026-02-13", "close": 11.915042, "volume": 33400, "typical_volume": 40020.0, "trend": 10.433418, "fair_value": 7.166634, "relative_strength": 11.179057, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 73.06068, "energy": 67.155009, "activity_lines": [ 11.825428, 11.742866, 11.384962, 11.00593 ] }, { "date": "2026-02-20", "close": 12.284653, "volume": 11300, "typical_volume": 35890.0, "trend": 10.551186, "fair_value": 7.206931, "relative_strength": 11.670918, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 86.288172, "energy": 72.686672, "activity_lines": [ 11.988297, 11.856737, 11.506125, 11.125364 ] }, { "date": "2026-02-27", "close": 12.302063, "volume": 40600, "typical_volume": 35740.0, "trend": 10.675526, "fair_value": 7.247397, "relative_strength": 9.724949, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 79.326026, "energy": 71.188322, "activity_lines": [ 12.127698, 11.957587, 11.618659, 11.238324 ] }, { "date": "2026-03-06", "close": 11.969045, "volume": 16000, "typical_volume": 35135.0, "trend": 10.783126, "fair_value": 7.287944, "relative_strength": 10.350296, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.798476, "energy": 65.40886, "activity_lines": [ 12.116007, 11.982434, 11.688427, 11.321777 ] }, { "date": "2026-03-13", "close": 11.606645, "volume": 26200, "typical_volume": 35355.0, "trend": 10.871127, "fair_value": 7.327903, "relative_strength": 8.362382, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.416236, "energy": 57.458623, "activity_lines": [ 11.953329, 11.932515, 11.714354, 11.374907 ] }, { "date": "2026-03-20", "close": 11.332394, "volume": 33400, "typical_volume": 35985.0, "trend": 10.94748, "fair_value": 7.366777, "relative_strength": 9.453153, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 36.194382, "energy": 27.712466, "activity_lines": [ 11.725631, 11.831634, 11.707419, 11.404666 ] }, { "date": "2026-03-27", "close": 11.449929, "volume": 27700, "typical_volume": 36410.0, "trend": 11.018094, "fair_value": 7.404727, "relative_strength": 7.923589, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 28.501215, "energy": 26.523632, "activity_lines": [ 11.575954, 11.759348, 11.706778, 11.437082 ] }, { "date": "2026-04-03", "close": 11.766103, "volume": 21600, "typical_volume": 35810.0, "trend": 11.090423, "fair_value": 7.444704, "relative_strength": 6.689783, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 27.20085, "energy": 25.302615, "activity_lines": [ 11.587317, 11.751742, 11.730244, 11.485341 ] }, { "date": "2026-04-10", "close": 12.763063, "volume": 39700, "typical_volume": 33645.0, "trend": 11.191257, "fair_value": 7.490246, "relative_strength": 13.117799, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 74.601532, "energy": 39.011844, "activity_lines": [ 11.96673, 11.924213, 11.842467, 11.593253 ] }, { "date": "2026-04-17", "close": 13.345446, "volume": 32600, "typical_volume": 33700.0, "trend": 11.30331, "fair_value": 7.53923, "relative_strength": 15.376843, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 86.694106, "energy": 75.586124, "activity_lines": [ 12.487336, 12.179903, 11.999035, 11.732233 ] }, { "date": "2026-04-24", "close": 13.315832, "volume": 24200, "typical_volume": 33055.0, "trend": 11.4128, "fair_value": 7.588223, "relative_strength": 15.944115, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 82.711664, "energy": 90.495313, "activity_lines": [ 12.882151, 12.405793, 12.140609, 11.862073 ] }, { "date": "2026-05-01", "close": 13.529485, "volume": 32100, "typical_volume": 33080.0, "trend": 11.526306, "fair_value": 7.638927, "relative_strength": 17.168084, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 81.700809, "energy": 92.903561, "activity_lines": [ 13.215955, 12.64506, 12.292375, 11.998634 ] }, { "date": "2026-05-08", "close": 13.598665, "volume": 61700, "typical_volume": 34440.0, "trend": 11.646872, "fair_value": 7.690222, "relative_strength": 16.449042, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 77.141385, "energy": 91.311615, "activity_lines": [ 13.434181, 12.874271, 12.440563, 12.132334 ] }, { "date": "2026-05-15", "close": 13.697492, "volume": 100100, "typical_volume": 38605.0, "trend": 11.769781, "fair_value": 7.741954, "relative_strength": 17.455454, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 75.711885, "energy": 90.037066, "activity_lines": [ 13.563179, 13.097877, 12.587941, 12.264632 ] }, { "date": "2026-05-22", "close": 14.488112, "volume": 26300, "typical_volume": 38115.0, "trend": 11.913023, "fair_value": 7.799832, "relative_strength": 21.145866, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 90.818071, "energy": 93.434666, "activity_lines": [ 13.893422, 13.433805, 12.800061, 12.440009 ] }, { "date": "2026-05-29", "close": 14.101754, "volume": 43300, "typical_volume": 38365.0, "trend": 12.039633, "fair_value": 7.855836, "relative_strength": 16.261192, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 72.368856, "energy": 73.172558, "activity_lines": [ 14.018701, 13.647097, 12.961376, 12.581217 ] }, { "date": "2026-06-05", "close": 14.58905, "volume": 9800, "typical_volume": 36770.0, "trend": 12.186308, "fair_value": 7.914471, "relative_strength": 20.733035, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 82.063402, "energy": 72.225724, "activity_lines": [ 14.254017, 13.898635, 13.157805, 12.745696 ] }, { "date": "2026-06-12", "close": 15.265298, "volume": 2100, "typical_volume": 35825.0, "trend": 12.346286, "fair_value": 7.976701, "relative_strength": 23.512021, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 89.823309, "energy": 83.639944, "activity_lines": [ 14.644111, 14.216053, 13.405575, 12.94434 ] }, { "date": "2026-06-19", "close": 15.911711, "volume": 5400, "typical_volume": 34300.0, "trend": 12.529086, "fair_value": 8.044604, "relative_strength": 27.604475, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 92.560873, "energy": 91.732997, "activity_lines": [ 15.138568, 14.587379, 13.697933, 13.174367 ] }, { "date": "2026-06-26", "close": 15.992867, "volume": 12000, "typical_volume": 29975.0, "trend": 12.702543, "fair_value": 8.111353, "relative_strength": 27.205437, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 87.068912, "energy": 94.643661, "activity_lines": [ 15.512462, 14.916212, 13.97709, 13.397837 ] }, { "date": "2026-07-03", "close": 16.528318, "volume": 12600, "typical_volume": 28935.0, "trend": 12.880719, "fair_value": 8.181982, "relative_strength": 29.391437, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 89.217016, "energy": 95.818493, "activity_lines": [ 15.964522, 15.294265, 14.288241, 13.644661 ] }, { "date": "2026-07-10", "close": 16.577953, "volume": 73900, "typical_volume": 32065.0, "trend": 13.053503, "fair_value": 8.252084, "relative_strength": 28.525929, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 82.246521, "energy": 93.485428, "activity_lines": [ 16.271357, 15.622934, 14.582152, 13.883193 ] }, { "date": "2026-07-17", "close": 16.8162, "volume": 93800, "typical_volume": 34725.0, "trend": 13.232307, "fair_value": 8.322867, "relative_strength": 29.432165, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 81.655611, "energy": 92.85587, "activity_lines": [ 16.525014, 15.939493, 14.878308, 14.125947 ] }, { "date": "2026-07-24", "close": 16.299999, "volume": 90100, "typical_volume": 38430.0, "trend": 13.392945, "fair_value": 8.390352, "relative_strength": 24.162027, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.220462, "energy": 68.03369, "activity_lines": [ 16.50321, 16.103697, 15.103806, 14.323863 ] }, { "date": "2026-07-31", "close": 16.33, "volume": 49400, "typical_volume": 39590.0, "trend": 13.552401, "fair_value": 8.45848, "relative_strength": 23.955681, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.229087, "energy": 66.066633, "activity_lines": [ 16.465521, 16.226038, 15.311538, 14.51335 ] }, { "date": "2026-08-07", "close": 16.42, "volume": 22600, "typical_volume": 39050.0, "trend": 13.708743, "fair_value": 8.527536, "relative_strength": 19.840797, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.055779, "energy": 63.670016, "activity_lines": [ 16.435357, 16.331254, 15.505349, 14.698357 ] } ], "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." } } }