{ "ticker": { "uuid": "bd7e4d03-6858-464a-9b06-ac2c857f9898", "symbol": "REP", "name": "Repsol, S.A.", "exchange": "VIE", "country": "AT", "assetType": "equity" }, "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.", "analysis": { "eligible": true, "as_of": "2026-08-07", "benchmark": "^ATX", "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": "Re-accelerating", "architecture_gate": "up", "architecture_direction": 67.954, "architecture_energy": 88.112, "architecture_maturity": 20.176, "architecture_confidence": 85.449, "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": 18.96, "rotation_up": 81.06, "upward_expansion": 97.66, "deceleration": 41.83, "rotation_down": 8.05, "downward_expansion": 21.99 }, "activity_lines": [ 25.373334, 24.129834, 23.181799, 22.634086 ], "activity_state": "Wide", "activity_direction": "Expanding", "rotation_direction": "Improving", "price_acceptance": 0.833333 }, "latest_close": 25.190001, "trend_reference": 21.398157, "distance_from_trend": 0.177204, "trend_direction": "Improving", "fair_value": 13.952833, "distance_from_fair_value": 0.805368, "fair_value_direction": "Improving", "relative_strength": 12.002159, "relative_strength_direction": "Weakening", "price_momentum": 0.539261, "excess_performance": 0.365014, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.177204, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.136357, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.805368, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.125519, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.120022, "read": "Leading" }, { "label": "Relative strength direction", "positive": false, "value": -0.058648, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.539261, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 5.0, "read": "Demand-led" } ], "volume": { "latest": 0, "relative_activity": 0.0, "balance": 5.0, "dry_up": 1.046287, "accumulation_observations": 1, "distribution_observations": 0 }, "risk": { "range_context": 0.045976, "annualized_volatility": 0.38403, "from_high_reference": -0.053007, "from_low_reference": 0.972771 }, "levels": { "trend_reference": 21.398157, "fair_value_reference": 13.952833, "structural_low": 16.665001, "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 29, "median_return": 0.00759, "positive_rate": 0.62069, "directional_follow_through": 0.62069, "median_excess_return": -0.000938, "regime_survival": 0.689655, "best_return": 0.353325, "worst_return": -0.192182, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 11, "median_return": -0.041211, "positive_rate": 0.454545, "directional_follow_through": 0.454545, "median_excess_return": -0.011317, "regime_survival": 0.454545, "best_return": 0.614449, "worst_return": -0.136356, "sufficient": true }, { "horizon": "Extended", "sample_count": 7, "median_return": 0.022272, "positive_rate": 0.714286, "directional_follow_through": 0.714286, "median_excess_return": 0.1801, "regime_survival": 0.428571, "best_return": 0.613868, "worst_return": -0.2153, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 4, "median_return": 0.101143, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": 0.191246, "regime_survival": 0.5, "best_return": 1.420298, "worst_return": -0.27517, "sufficient": false } ], "ledger": [ { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2024-08-16", "end": "2025-01-17", "tenure": "Established", "return": -0.048337, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-01-24", "end": "2025-02-14", "tenure": "New", "return": 0.062774, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-02-21", "end": "2025-03-07", "tenure": "New", "return": -0.070217, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-03-14", "end": "2025-04-04", "tenure": "New", "return": -0.053432, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-04-11", "end": "2025-04-25", "tenure": "New", "return": 0.110996, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-05-02", "end": "2025-05-16", "tenure": "New", "return": 0.097209, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-05-23", "end": "2025-06-13", "tenure": "New", "return": 0.08206, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-06-20", "end": "2025-12-19", "tenure": "Extended", "return": 0.262608, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-12-26", "end": "2026-01-09", "tenure": "New", "return": 0.042553, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-01-16", "end": "2026-04-24", "tenure": "Established", "return": 0.327026, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-05-01", "end": "2026-05-22", "tenure": "New", "return": -0.00714, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-05-29", "end": "2026-06-19", "tenure": "New", "return": -0.041009, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-06-26", "end": "2026-07-17", "tenure": "New", "return": 0.181132, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-07-24", "end": "2026-08-07", "tenure": "New", "return": -0.022507, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 11.577676, "volume": 0, "typical_volume": 194.45, "trend": 11.373741, "fair_value": 9.000186, "relative_strength": 4.21803, "stage": 3, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 23.995312, "energy": 53.453015, "activity_lines": [ 11.588042, 11.345388, 11.150423, 11.190072 ] }, { "date": "2023-08-25", "close": 11.720558, "volume": 0, "typical_volume": 194.45, "trend": 11.347706, "fair_value": 9.043718, "relative_strength": 6.053842, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 28.973732, "energy": 60.585274, "activity_lines": [ 11.67097, 11.439735, 11.211761, 11.212447 ] }, { "date": "2023-09-01", "close": 12.224848, "volume": 0, "typical_volume": 194.45, "trend": 11.358267, "fair_value": 9.09244, "relative_strength": 8.022783, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 58.937098, "energy": 75.589376, "activity_lines": [ 11.861199, 11.616229, 11.320518, 11.269037 ] }, { "date": "2023-09-08", "close": 12.275277, "volume": 0, "typical_volume": 183.6, "trend": 11.363686, "fair_value": 9.141997, "relative_strength": 9.195847, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 55.16003, "energy": 77.879585, "activity_lines": [ 12.027054, 11.776259, 11.430542, 11.328199 ] }, { "date": "2023-09-15", "close": 12.926654, "volume": 0, "typical_volume": 163.6, "trend": 11.372807, "fair_value": 9.195912, "relative_strength": 13.112992, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 92.659506, "energy": 95.638424, "activity_lines": [ 12.361848, 12.030926, 11.596156, 11.429036 ] }, { "date": "2023-09-22", "close": 12.914046, "volume": 0, "typical_volume": 163.6, "trend": 11.391741, "fair_value": 9.252462, "relative_strength": 13.390388, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 85.730832, "energy": 94.371636, "activity_lines": [ 12.618195, 12.243645, 11.750162, 11.52847 ] }, { "date": "2023-09-29", "close": 13.170393, "volume": 0, "typical_volume": 163.6, "trend": 11.414444, "fair_value": 9.311616, "relative_strength": 14.916591, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 87.642616, "energy": 95.277993, "activity_lines": [ 12.870901, 12.466985, 11.917418, 11.643222 ] }, { "date": "2023-10-06", "close": 12.598865, "volume": 0, "typical_volume": 163.6, "trend": 11.427238, "fair_value": 9.363384, "relative_strength": 11.418675, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 68.228007, "energy": 87.654865, "activity_lines": [ 12.836441, 12.543469, 12.018188, 11.719637 ] }, { "date": "2023-10-13", "close": 12.455981, "volume": 569, "typical_volume": 192.05, "trend": 11.469518, "fair_value": 9.415992, "relative_strength": 9.022985, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.89436, "energy": 69.635576, "activity_lines": [ 12.729419, 12.575942, 12.097636, 11.786007 ] }, { "date": "2023-10-20", "close": 12.682913, "volume": 0, "typical_volume": 172.05, "trend": 11.521137, "fair_value": 9.470658, "relative_strength": 14.912538, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 62.913919, "energy": 61.009623, "activity_lines": [ 12.685994, 12.633248, 12.190551, 11.864291 ] }, { "date": "2023-10-27", "close": 12.111383, "volume": 0, "typical_volume": 172.05, "trend": 11.553705, "fair_value": 9.523955, "relative_strength": 10.072897, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 45.529722, "energy": 38.743067, "activity_lines": [ 12.468309, 12.570823, 12.220004, 11.902371 ] }, { "date": "2023-11-03", "close": 11.855035, "volume": 0, "typical_volume": 172.05, "trend": 11.562445, "fair_value": 9.573479, "relative_strength": 2.13403, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 29.849679, "energy": 30.094521, "activity_lines": [ 12.218685, 12.452085, 12.220019, 11.921812 ] }, { "date": "2023-11-10", "close": 11.426389, "volume": 0, "typical_volume": 172.05, "trend": 11.560581, "fair_value": 9.613526, "relative_strength": -2.152876, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -4.776002, "energy": 25.461935, "activity_lines": [ 11.913869, 12.252967, 12.176072, 11.913034 ] }, { "date": "2023-11-17", "close": 11.4474, "volume": 0, "typical_volume": 172.05, "trend": 11.578112, "fair_value": 9.651467, "relative_strength": -4.129238, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -16.892629, "energy": 37.482549, "activity_lines": [ 11.694223, 12.072186, 12.131215, 11.905732 ] }, { "date": "2023-11-24", "close": 11.754177, "volume": 0, "typical_volume": 172.05, "trend": 11.611872, "fair_value": 9.68801, "relative_strength": -0.953356, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -4.617086, "energy": 33.286671, "activity_lines": [ 11.644074, 11.962235, 12.113284, 11.917091 ] }, { "date": "2023-12-01", "close": 11.897058, "volume": 0, "typical_volume": 159.3, "trend": 11.656125, "fair_value": 9.725277, "relative_strength": -1.620281, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -4.345074, "energy": 30.41516, "activity_lines": [ 11.703467, 11.899581, 12.104159, 11.93549 ] }, { "date": "2023-12-08", "close": 11.632307, "volume": 0, "typical_volume": 73.3, "trend": 11.689234, "fair_value": 9.75963, "relative_strength": -3.91102, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -25.7778, "energy": 37.71855, "activity_lines": [ 11.688899, 11.80728, 12.065236, 11.933953 ] }, { "date": "2023-12-15", "close": 11.388566, "volume": 0, "typical_volume": 38.45, "trend": 11.702893, "fair_value": 9.794034, "relative_strength": -7.165367, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -35.69904, "energy": 33.504428, "activity_lines": [ 11.607932, 11.698628, 11.999178, 11.914555 ] }, { "date": "2023-12-22", "close": 11.544056, "volume": 0, "typical_volume": 28.45, "trend": 11.729513, "fair_value": 9.829303, "relative_strength": -6.73318, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -24.01434, "energy": 27.711962, "activity_lines": [ 11.581317, 11.640253, 11.948969, 11.904308 ] }, { "date": "2023-12-29", "close": 11.300314, "volume": 0, "typical_volume": 28.45, "trend": 11.746643, "fair_value": 9.862441, "relative_strength": -9.159408, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -43.927143, "energy": 40.226932, "activity_lines": [ 11.467011, 11.554141, 11.875587, 11.876618 ] }, { "date": "2024-01-05", "close": 11.481021, "volume": 0, "typical_volume": 28.45, "trend": 11.760792, "fair_value": 9.8948, "relative_strength": -7.425002, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -34.006741, "energy": 44.931434, "activity_lines": [ 11.443198, 11.526024, 11.821856, 11.859481 ] }, { "date": "2024-01-12", "close": 11.368963, "volume": 100, "typical_volume": 33.45, "trend": 11.766565, "fair_value": 9.92679, "relative_strength": -7.294911, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -37.511324, "energy": 44.744298, "activity_lines": [ 11.409768, 11.488993, 11.757913, 11.834201 ] }, { "date": "2024-01-19", "close": 11.516163, "volume": 0, "typical_volume": 33.45, "trend": 11.789935, "fair_value": 9.960679, "relative_strength": -4.385211, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -31.912831, "energy": 39.72595, "activity_lines": [ 11.442961, 11.487563, 11.709664, 11.818046 ] }, { "date": "2024-01-26", "close": 11.511833, "volume": 0, "typical_volume": 33.45, "trend": 11.808113, "fair_value": 9.995996, "relative_strength": -7.310839, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -55.153684, "energy": 37.300391, "activity_lines": [ 11.466204, 11.483714, 11.664377, 11.800104 ] }, { "date": "2024-02-02", "close": 11.853853, "volume": 520, "typical_volume": 59.45, "trend": 11.845054, "fair_value": 10.030915, "relative_strength": -4.106455, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -32.943685, "energy": 20.155165, "activity_lines": [ 11.605602, 11.540879, 11.655298, 11.803055 ] }, { "date": "2024-02-09", "close": 11.910136, "volume": 0, "typical_volume": 59.45, "trend": 11.877569, "fair_value": 10.065438, "relative_strength": -1.319039, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -17.18483, "energy": 20.485836, "activity_lines": [ 11.726859, 11.606465, 11.656689, 11.807254 ] }, { "date": "2024-02-16", "close": 12.035687, "volume": 0, "typical_volume": 59.45, "trend": 11.918471, "fair_value": 10.095839, "relative_strength": -1.631625, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 7.765351, "energy": 22.996157, "activity_lines": [ 11.861358, 11.694641, 11.674817, 11.817455 ] }, { "date": "2024-02-23", "close": 11.801902, "volume": 0, "typical_volume": 59.45, "trend": 11.924964, "fair_value": 10.122061, "relative_strength": -2.874174, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -2.353939, "energy": 23.343959, "activity_lines": [ 11.87348, 11.732976, 11.676083, 11.809935 ] }, { "date": "2024-03-01", "close": 12.780343, "volume": 0, "typical_volume": 31.0, "trend": 11.965894, "fair_value": 10.152238, "relative_strength": 5.229519, "stage": 3, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 51.999024, "energy": 63.189386, "activity_lines": [ 12.192701, 11.941694, 11.77433, 11.865121 ] }, { "date": "2024-03-08", "close": 12.563873, "volume": 0, "typical_volume": 31.0, "trend": 11.990922, "fair_value": 10.181004, "relative_strength": 3.352358, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 43.153482, "energy": 68.580482, "activity_lines": [ 12.355197, 12.088576, 11.850415, 11.9037 ] }, { "date": "2024-03-15", "close": 13.109376, "volume": 0, "typical_volume": 31.0, "trend": 12.041979, "fair_value": 10.214402, "relative_strength": 6.690672, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 64.043196, "energy": 82.981274, "activity_lines": [ 12.652193, 12.311667, 11.97902, 11.975858 ] }, { "date": "2024-03-22", "close": 13.169988, "volume": 0, "typical_volume": 31.0, "trend": 12.090293, "fair_value": 10.248802, "relative_strength": 4.403582, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 58.697303, "energy": 84.931526, "activity_lines": [ 12.889443, 12.516171, 12.108646, 12.048633 ] }, { "date": "2024-03-29", "close": 13.408102, "volume": 0, "typical_volume": 31.0, "trend": 12.129735, "fair_value": 10.285476, "relative_strength": 5.016381, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 85.731297, "energy": 94.398663, "activity_lines": [ 13.130445, 12.731224, 12.254687, 12.133653 ] }, { "date": "2024-04-05", "close": 14.005557, "volume": 0, "typical_volume": 31.0, "trend": 12.187411, "fair_value": 10.327304, "relative_strength": 8.574901, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 94.773637, "energy": 97.803117, "activity_lines": [ 13.463519, 13.020505, 12.448192, 12.254674 ] }, { "date": "2024-04-12", "close": 13.403774, "volume": 0, "typical_volume": 31.0, "trend": 12.203315, "fair_value": 10.364338, "relative_strength": 4.117999, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 68.184379, "energy": 87.545839, "activity_lines": [ 13.514317, 13.155031, 12.572202, 12.333149 ] }, { "date": "2024-04-19", "close": 13.044435, "volume": 0, "typical_volume": 31.0, "trend": 12.207661, "fair_value": 10.400496, "relative_strength": 1.658181, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.861776, "energy": 65.522702, "activity_lines": [ 13.389342, 13.196042, 12.654135, 12.387414 ] }, { "date": "2024-04-26", "close": 12.992482, "volume": 0, "typical_volume": 31.0, "trend": 12.201731, "fair_value": 10.436563, "relative_strength": 0.736035, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 62.329773, "energy": 56.878253, "activity_lines": [ 13.251379, 13.206983, 12.725656, 12.438048 ] }, { "date": "2024-05-03", "close": 12.503262, "volume": 0, "typical_volume": 31.0, "trend": 12.198544, "fair_value": 10.465508, "relative_strength": -4.308378, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 42.415105, "energy": 29.530422, "activity_lines": [ 12.962177, 13.11158, 12.744107, 12.457502 ] }, { "date": "2024-05-10", "close": 12.910225, "volume": 0, "typical_volume": 31.0, "trend": 12.213686, "fair_value": 10.495567, "relative_strength": -3.833576, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 35.936008, "energy": 29.240427, "activity_lines": [ 12.868951, 13.077417, 12.796009, 12.503416 ] }, { "date": "2024-05-17", "close": 12.806319, "volume": 0, "typical_volume": 31.0, "trend": 12.217799, "fair_value": 10.525982, "relative_strength": -6.204882, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 31.85426, "energy": 27.404386, "activity_lines": [ 12.814112, 13.022001, 12.831509, 12.541651 ] }, { "date": "2024-05-24", "close": 12.836624, "volume": 0, "typical_volume": 31.0, "trend": 12.241974, "fair_value": 10.556269, "relative_strength": -5.872615, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 30.070705, "energy": 24.742501, "activity_lines": [ 12.809205, 12.967687, 12.862724, 12.581575 ] }, { "date": "2024-05-31", "close": 12.970835, "volume": 0, "typical_volume": 26.0, "trend": 12.279167, "fair_value": 10.586263, "relative_strength": -3.414122, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 36.321384, "energy": 20.618207, "activity_lines": [ 12.862889, 12.942734, 12.900266, 12.628598 ] }, { "date": "2024-06-07", "close": 12.650461, "volume": 0, "typical_volume": 26.0, "trend": 12.31997, "fair_value": 10.614099, "relative_strength": -5.015278, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 20.296855, "energy": 12.592784, "activity_lines": [ 12.811225, 12.863152, 12.899668, 12.652553 ] }, { "date": "2024-06-14", "close": 12.230511, "volume": 0, "typical_volume": 26.0, "trend": 12.346073, "fair_value": 10.641409, "relative_strength": -4.912861, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -9.518113, "energy": 15.530543, "activity_lines": [ 12.609765, 12.720991, 12.853674, 12.646781 ] }, { "date": "2024-06-21", "close": 12.745708, "volume": 0, "typical_volume": 0.0, "trend": 12.379124, "fair_value": 10.670698, "relative_strength": -2.489423, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 9.535156, "energy": 14.47375, "activity_lines": [ 12.625351, 12.704775, 12.853324, 12.672564 ] }, { "date": "2024-06-28", "close": 12.832294, "volume": 0, "typical_volume": 0.0, "trend": 12.410299, "fair_value": 10.702773, "relative_strength": -2.353881, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 10.005312, "energy": 13.891465, "activity_lines": [ 12.673839, 12.716268, 12.856973, 12.701801 ] }, { "date": "2024-07-05", "close": 12.991217, "volume": 0, "typical_volume": 0.0, "trend": 12.455596, "fair_value": 10.738139, "relative_strength": -3.814101, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 31.614352, "energy": 15.38075, "activity_lines": [ 12.775591, 12.760512, 12.871366, 12.739279 ] }, { "date": "2024-07-12", "close": 12.34658, "volume": 0, "typical_volume": 0.0, "trend": 12.48753, "fair_value": 10.772798, "relative_strength": -8.46966, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": -4.42777, "energy": 6.104825, "activity_lines": [ 12.661105, 12.687573, 12.819815, 12.732246 ] }, { "date": "2024-07-19", "close": 11.907869, "volume": 0, "typical_volume": 0.0, "trend": 12.499657, "fair_value": 10.804441, "relative_strength": -10.834787, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -38.652301, "energy": 37.143619, "activity_lines": [ 12.420641, 12.537717, 12.723888, 12.694849 ] }, { "date": "2024-07-26", "close": 11.715373, "volume": 0, "typical_volume": 0.0, "trend": 12.513492, "fair_value": 10.834616, "relative_strength": -12.079198, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -52.541507, "energy": 66.14917, "activity_lines": [ 12.137521, 12.371086, 12.613783, 12.64425 ] }, { "date": "2024-08-02", "close": 11.612411, "volume": 0, "typical_volume": 0.0, "trend": 12.517872, "fair_value": 10.862642, "relative_strength": -9.125857, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -52.520287, "energy": 76.942565, "activity_lines": [ 11.888769, 12.20557, 12.497913, 12.586115 ] }, { "date": "2024-08-09", "close": 11.312475, "volume": 0, "typical_volume": 0.0, "trend": 12.515989, "fair_value": 10.888288, "relative_strength": -12.058124, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -82.631446, "energy": 91.886104, "activity_lines": [ 11.621364, 12.007779, 12.360606, 12.508348 ] }, { "date": "2024-08-16", "close": 11.406485, "volume": 0, "typical_volume": 0.0, "trend": 12.512333, "fair_value": 10.915929, "relative_strength": -12.670811, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -74.25498, "energy": 89.481283, "activity_lines": [ 11.497212, 11.857233, 12.241097, 12.436767 ] }, { "date": "2024-08-23", "close": 11.285615, "volume": 0, "typical_volume": 0.0, "trend": 12.504792, "fair_value": 10.940001, "relative_strength": -14.727506, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -75.029015, "energy": 88.916434, "activity_lines": [ 11.395442, 11.707328, 12.119609, 12.357624 ] }, { "date": "2024-08-30", "close": 11.084166, "volume": 0, "typical_volume": 0.0, "trend": 12.479136, "fair_value": 10.964383, "relative_strength": -16.759841, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -78.645633, "energy": 86.84835, "activity_lines": [ 11.268007, 11.537976, 11.991886, 12.265971 ] }, { "date": "2024-09-06", "close": 10.578305, "volume": 0, "typical_volume": 0.0, "trend": 12.434742, "fair_value": 10.986238, "relative_strength": -16.836745, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -88.96019, "energy": 88.505493, "activity_lines": [ 11.014032, 11.306859, 11.827033, 12.143336 ] }, { "date": "2024-09-13", "close": 10.645455, "volume": 0, "typical_volume": 0.0, "trend": 12.388401, "fair_value": 11.006022, "relative_strength": -16.303836, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -80.566498, "energy": 87.862781, "activity_lines": [ 10.851381, 11.128933, 11.680318, 12.027898 ] }, { "date": "2024-09-20", "close": 10.461914, "volume": 0, "typical_volume": 0.0, "trend": 12.343734, "fair_value": 11.020889, "relative_strength": -17.498753, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -81.704342, "energy": 91.469094, "activity_lines": [ 10.672017, 10.960285, 11.527299, 11.903609 ] }, { "date": "2024-09-27", "close": 10.506679, "volume": 0, "typical_volume": 0.0, "trend": 12.267946, "fair_value": 11.0332, "relative_strength": -17.301985, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -73.403011, "energy": 88.322628, "activity_lines": [ 10.570546, 10.834044, 11.388265, 11.785089 ] }, { "date": "2024-10-04", "close": 10.990156, "volume": 0, "typical_volume": 0.0, "trend": 12.215488, "fair_value": 11.047375, "relative_strength": -12.089096, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.897067, "energy": 65.188947, "activity_lines": [ 10.682164, 10.821184, 11.306721, 11.702651 ] }, { "date": "2024-10-11", "close": 10.761848, "volume": 420, "typical_volume": 21.0, "trend": 12.137237, "fair_value": 11.059931, "relative_strength": -13.576889, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.451411, "energy": 62.264268, "activity_lines": [ 10.723946, 10.779999, 11.212082, 11.608868 ] }, { "date": "2024-10-18", "close": 10.529063, "volume": 0, "typical_volume": 21.0, "trend": 12.049207, "fair_value": 11.071724, "relative_strength": -15.136634, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -72.142827, "energy": 61.516208, "activity_lines": [ 10.675896, 10.711954, 11.105153, 11.505115 ] }, { "date": "2024-10-25", "close": 10.699175, "volume": 0, "typical_volume": 21.0, "trend": 11.958909, "fair_value": 11.086506, "relative_strength": -12.19436, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -50.738776, "energy": 48.193167, "activity_lines": [ 10.692311, 10.689082, 11.026053, 11.418016 ] }, { "date": "2024-11-01", "close": 10.421623, "volume": 0, "typical_volume": 21.0, "trend": 11.839445, "fair_value": 11.10051, "relative_strength": -12.771336, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -71.658297, "energy": 57.908369, "activity_lines": [ 10.60039, 10.628607, 10.929811, 11.318836 ] }, { "date": "2024-11-08", "close": 10.381334, "volume": 0, "typical_volume": 21.0, "trend": 11.738697, "fair_value": 11.113818, "relative_strength": -13.319936, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -69.949867, "energy": 60.784004, "activity_lines": [ 10.500711, 10.576515, 10.838345, 11.224765 ] }, { "date": "2024-11-15", "close": 10.457437, "volume": 0, "typical_volume": 21.0, "trend": 11.652463, "fair_value": 11.130291, "relative_strength": -12.547881, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.092807, "energy": 55.422393, "activity_lines": [ 10.466987, 10.551039, 10.765387, 11.142103 ] }, { "date": "2024-11-22", "close": 10.591736, "volume": 500, "typical_volume": 46.0, "trend": 11.572439, "fair_value": 11.151098, "relative_strength": -10.52848, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.309575, "energy": 51.680207, "activity_lines": [ 10.498323, 10.552179, 10.716527, 11.073669 ] }, { "date": "2024-11-29", "close": 10.564875, "volume": 0, "typical_volume": 46.0, "trend": 11.507826, "fair_value": 11.169689, "relative_strength": -10.613506, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -58.059293, "energy": 46.54327, "activity_lines": [ 10.516528, 10.549411, 10.676536, 11.008665 ] }, { "date": "2024-12-06", "close": 10.148548, "volume": 293, "typical_volume": 60.65, "trend": 11.41577, "fair_value": 11.185631, "relative_strength": -14.871541, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -75.228596, "energy": 52.928643, "activity_lines": [ 10.40491, 10.469076, 10.605379, 10.920969 ] }, { "date": "2024-12-13", "close": 10.139594, "volume": 0, "typical_volume": 60.65, "trend": 11.326879, "fair_value": 11.2021, "relative_strength": -16.151878, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -71.360678, "energy": 53.332443, "activity_lines": [ 10.308513, 10.393624, 10.541746, 10.838635 ] }, { "date": "2024-12-20", "close": 9.82623, "volume": 0, "typical_volume": 60.65, "trend": 11.226532, "fair_value": 11.21438, "relative_strength": -17.111264, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -80.000754, "energy": 66.94077, "activity_lines": [ 10.123777, 10.276661, 10.455774, 10.741819 ] }, { "date": "2024-12-27", "close": 10.018725, "volume": 0, "typical_volume": 60.65, "trend": 11.128129, "fair_value": 11.227728, "relative_strength": -16.181744, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.357752, "energy": 68.601529, "activity_lines": [ 10.045287, 10.211709, 10.396639, 10.663896 ] }, { "date": "2025-01-03", "close": 10.676792, "volume": 0, "typical_volume": 60.65, "trend": 11.06234, "fair_value": 11.242256, "relative_strength": -10.95479, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -54.600138, "energy": 43.430407, "activity_lines": [ 10.224352, 10.275685, 10.406339, 10.634778 ] }, { "date": "2025-01-10", "close": 11.106706, "volume": 100, "typical_volume": 65.65, "trend": 11.02488, "fair_value": 11.257389, "relative_strength": -7.221134, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -10.516129, "energy": 9.233874, "activity_lines": [ 10.539262, 10.418233, 10.460457, 10.63764 ] }, { "date": "2025-01-17", "close": 10.855128, "volume": 100, "typical_volume": 70.65, "trend": 10.96186, "fair_value": 11.27376, "relative_strength": -12.12166, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -0.639315, "energy": 18.054302, "activity_lines": [ 10.706435, 10.502584, 10.491467, 10.626688 ] }, { "date": "2025-01-24", "close": 10.612868, "volume": 0, "typical_volume": 70.65, "trend": 10.887879, "fair_value": 11.285688, "relative_strength": -15.243745, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -4.605726, "energy": 24.059282, "activity_lines": [ 10.745152, 10.534273, 10.500496, 10.604173 ] }, { "date": "2025-01-31", "close": 10.547644, "volume": 820, "typical_volume": 111.65, "trend": 10.806427, "fair_value": 11.295927, "relative_strength": -15.82676, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -4.324082, "energy": 20.724945, "activity_lines": [ 10.709685, 10.551278, 10.503149, 10.582222 ] }, { "date": "2025-02-07", "close": 10.752633, "volume": 970, "typical_volume": 160.15, "trend": 10.753295, "fair_value": 11.306141, "relative_strength": -14.130006, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -1.640659, "energy": 11.803532, "activity_lines": [ 10.707287, 10.606354, 10.525789, 10.578751 ] }, { "date": "2025-02-14", "close": 11.279084, "volume": 0, "typical_volume": 160.15, "trend": 10.732336, "fair_value": 11.319649, "relative_strength": -14.040017, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 38.576948, "energy": 35.33188, "activity_lines": [ 10.875317, 10.753736, 10.597184, 10.612673 ] }, { "date": "2025-02-21", "close": 11.810193, "volume": 500, "typical_volume": 185.15, "trend": 10.735497, "fair_value": 11.337272, "relative_strength": -8.903162, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 57.85701, "energy": 64.367009, "activity_lines": [ 11.20889, 10.977127, 10.715482, 10.682212 ] }, { "date": "2025-02-28", "close": 11.409532, "volume": 600, "typical_volume": 194.15, "trend": 10.728734, "fair_value": 11.348826, "relative_strength": -13.561811, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 39.386353, "energy": 64.453653, "activity_lines": [ 11.34524, 11.097296, 10.791718, 10.725699 ] }, { "date": "2025-03-07", "close": 10.980917, "volume": 400, "typical_volume": 214.15, "trend": 10.717682, "fair_value": 11.359953, "relative_strength": -19.009484, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 62.368625, "energy": 70.458037, "activity_lines": [ 11.285606, 11.110749, 10.824048, 10.741968 ] }, { "date": "2025-03-14", "close": 10.724681, "volume": 0, "typical_volume": 214.15, "trend": 10.694955, "fair_value": 11.372547, "relative_strength": -20.376545, "stage": 4, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 54.885588, "energy": 42.704421, "activity_lines": [ 11.111676, 11.060118, 10.829824, 10.74242 ] }, { "date": "2025-03-21", "close": 11.302379, "volume": 0, "typical_volume": 214.15, "trend": 10.695514, "fair_value": 11.384194, "relative_strength": -14.752719, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 59.655214, "energy": 32.317995, "activity_lines": [ 11.132175, 11.113652, 10.890497, 10.781609 ] }, { "date": "2025-03-28", "close": 11.623839, "volume": 0, "typical_volume": 214.15, "trend": 10.713503, "fair_value": 11.398977, "relative_strength": -10.00991, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.751232, "energy": 35.956271, "activity_lines": [ 11.258275, 11.222077, 10.977591, 10.841501 ] }, { "date": "2025-04-04", "close": 10.151642, "volume": 2000, "typical_volume": 314.15, "trend": 10.699281, "fair_value": 11.404323, "relative_strength": -12.107181, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 8.499148, "energy": 10.325969, "activity_lines": [ 10.906065, 11.048852, 10.918559, 10.805251 ] }, { "date": "2025-04-11", "close": 8.948725, "volume": 0, "typical_volume": 289.15, "trend": 10.642723, "fair_value": 11.395483, "relative_strength": -20.874809, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "mixed", "direction": -43.225045, "energy": 37.770603, "activity_lines": [ 10.236743, 10.665301, 10.746419, 10.692312 ] }, { "date": "2025-04-18", "close": 9.508719, "volume": 0, "typical_volume": 289.15, "trend": 10.61095, "fair_value": 11.390232, "relative_strength": -19.574576, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -36.043453, "energy": 57.707876, "activity_lines": [ 9.889565, 10.412639, 10.635437, 10.619151 ] }, { "date": "2025-04-25", "close": 9.941994, "volume": 0, "typical_volume": 274.5, "trend": 10.592127, "fair_value": 11.389309, "relative_strength": -18.290551, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -59.324953, "energy": 68.384073, "activity_lines": [ 9.767876, 10.26137, 10.570748, 10.575992 ] }, { "date": "2025-05-02", "close": 10.016535, "volume": 0, "typical_volume": 274.5, "trend": 10.559673, "fair_value": 11.379087, "relative_strength": -18.294914, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.036504, "energy": 70.831442, "activity_lines": [ 9.761727, 10.147965, 10.514141, 10.538857 ] }, { "date": "2025-05-09", "close": 10.48242, "volume": 0, "typical_volume": 274.5, "trend": 10.550359, "fair_value": 11.374653, "relative_strength": -17.706178, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -55.088199, "energy": 37.647082, "activity_lines": [ 10.018026, 10.151879, 10.502491, 10.533873 ] }, { "date": "2025-05-16", "close": 10.990235, "volume": 0, "typical_volume": 274.5, "trend": 10.565731, "fair_value": 11.371324, "relative_strength": -15.680522, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -18.269746, "energy": 12.78019, "activity_lines": [ 10.421544, 10.264979, 10.536079, 10.562252 ] }, { "date": "2025-05-23", "close": 10.673432, "volume": 0, "typical_volume": 274.5, "trend": 10.564873, "fair_value": 11.364913, "relative_strength": -16.552331, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 6.458318, "energy": 15.321629, "activity_lines": [ 10.583362, 10.320309, 10.53487, 10.569201 ] }, { "date": "2025-05-30", "close": 11.083413, "volume": 0, "typical_volume": 269.5, "trend": 10.586933, "fair_value": 11.360281, "relative_strength": -13.616888, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 22.569368, "energy": 27.861636, "activity_lines": [ 10.804192, 10.451113, 10.572722, 10.602655 ] }, { "date": "2025-06-06", "close": 11.162612, "volume": 40, "typical_volume": 266.5, "trend": 10.612976, "fair_value": 11.354506, "relative_strength": -12.885236, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 24.937564, "energy": 30.608898, "activity_lines": [ 10.975327, 10.600297, 10.618228, 10.639796 ] }, { "date": "2025-06-13", "close": 11.549297, "volume": 0, "typical_volume": 266.5, "trend": 10.649371, "fair_value": 11.353136, "relative_strength": -7.424193, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 62.318914, "energy": 58.447879, "activity_lines": [ 11.198951, 10.828175, 10.699097, 10.700203 ] }, { "date": "2025-06-20", "close": 11.940641, "volume": 835, "typical_volume": 267.25, "trend": 10.694334, "fair_value": 11.360674, "relative_strength": -3.321035, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 80.629339, "energy": 76.391977, "activity_lines": [ 11.481899, 11.101793, 10.812777, 10.783511 ] }, { "date": "2025-06-27", "close": 11.623839, "volume": 160, "typical_volume": 226.75, "trend": 10.729633, "fair_value": 11.367481, "relative_strength": -7.100229, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.241695, "energy": 71.79137, "activity_lines": [ 11.595886, 11.263413, 10.889653, 10.843479 ] }, { "date": "2025-07-04", "close": 12.041688, "volume": 0, "typical_volume": 226.75, "trend": 10.792738, "fair_value": 11.377813, "relative_strength": -2.501617, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 78.87632, "energy": 83.685989, "activity_lines": [ 11.785795, 11.462549, 11.002175, 10.928128 ] }, { "date": "2025-07-11", "close": 12.492524, "volume": 405, "typical_volume": 222.0, "trend": 10.871169, "fair_value": 11.39698, "relative_strength": -0.712162, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 87.910467, "energy": 93.450193, "activity_lines": [ 12.062098, 11.705478, 11.154002, 11.037791 ] }, { "date": "2025-07-18", "close": 12.77369, "volume": 0, "typical_volume": 192.0, "trend": 10.969418, "fair_value": 11.417309, "relative_strength": 1.746201, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 88.624797, "energy": 94.512352, "activity_lines": [ 12.343462, 11.954511, 11.329358, 11.160535 ] }, { "date": "2025-07-25", "close": 13.117877, "volume": 300, "typical_volume": 187.0, "trend": 11.072723, "fair_value": 11.439408, "relative_strength": 2.660763, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 89.538372, "energy": 95.498232, "activity_lines": [ 12.657929, 12.224464, 11.530997, 11.299145 ] }, { "date": "2025-08-01", "close": 12.705822, "volume": 74, "typical_volume": 190.7, "trend": 11.140357, "fair_value": 11.460224, "relative_strength": 2.388146, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.935775, "energy": 87.110425, "activity_lines": [ 12.756562, 12.380813, 11.683218, 11.404506 ] }, { "date": "2025-08-08", "close": 12.909426, "volume": 0, "typical_volume": 190.7, "trend": 11.200448, "fair_value": 11.477835, "relative_strength": -1.48215, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 70.605307, "energy": 83.457522, "activity_lines": [ 12.85093, 12.537229, 11.845395, 11.51864 ] }, { "date": "2025-08-15", "close": 12.870644, "volume": 100, "typical_volume": 195.7, "trend": 11.267632, "fair_value": 11.493173, "relative_strength": -3.993394, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.991872, "energy": 65.653558, "activity_lines": [ 12.874522, 12.653393, 11.996226, 11.626394 ] }, { "date": "2025-08-22", "close": 13.495997, "volume": 0, "typical_volume": 95.7, "trend": 11.363736, "fair_value": 11.510675, "relative_strength": 2.099567, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 82.979261, "energy": 70.692308, "activity_lines": [ 13.081357, 12.852202, 12.200677, 11.77016 ] }, { "date": "2025-08-29", "close": 13.573561, "volume": 0, "typical_volume": 95.7, "trend": 11.4646, "fair_value": 11.528956, "relative_strength": 6.535599, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 79.979673, "energy": 72.973102, "activity_lines": [ 13.265893, 13.02972, 12.39659, 11.912729 ] }, { "date": "2025-09-05", "close": 13.806251, "volume": 0, "typical_volume": 95.7, "trend": 11.566387, "fair_value": 11.550061, "relative_strength": 8.719419, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 80.399351, "energy": 80.924522, "activity_lines": [ 13.497614, 13.219855, 12.592641, 12.063804 ] }, { "date": "2025-09-12", "close": 14.12135, "volume": 0, "typical_volume": 95.7, "trend": 11.661129, "fair_value": 11.579233, "relative_strength": 9.93157, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 84.456762, "energy": 91.06532, "activity_lines": [ 13.761005, 13.427601, 12.798236, 12.22864 ] }, { "date": "2025-09-19", "close": 14.048635, "volume": 255, "typical_volume": 108.45, "trend": 11.735744, "fair_value": 11.610912, "relative_strength": 9.712813, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 74.755222, "energy": 88.396183, "activity_lines": [ 13.919363, 13.584314, 12.977005, 12.382673 ] }, { "date": "2025-09-26", "close": 15.119978, "volume": 0, "typical_volume": 108.45, "trend": 11.859425, "fair_value": 11.647024, "relative_strength": 17.131801, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 94.430362, "energy": 94.676153, "activity_lines": [ 14.356303, 13.907523, 13.238606, 12.60101 ] }, { "date": "2025-10-03", "close": 14.659446, "volume": 0, "typical_volume": 108.45, "trend": 11.982043, "fair_value": 11.675853, "relative_strength": 11.087752, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 75.282619, "energy": 83.949538, "activity_lines": [ 14.531467, 14.10434, 13.434263, 12.781657 ] }, { "date": "2025-10-10", "close": 14.16498, "volume": 250, "typical_volume": 120.95, "trend": 12.09672, "fair_value": 11.702128, "relative_strength": 9.368623, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.602609, "energy": 66.788567, "activity_lines": [ 14.469416, 14.183225, 13.565356, 12.922491 ] }, { "date": "2025-10-17", "close": 13.801402, "volume": 1, "typical_volume": 121.0, "trend": 12.18002, "fair_value": 11.72292, "relative_strength": 8.53339, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.835015, "energy": 62.657219, "activity_lines": [ 14.262257, 14.169475, 13.645196, 13.032471 ] }, { "date": "2025-10-24", "close": 15.018175, "volume": 0, "typical_volume": 119.0, "trend": 12.293165, "fair_value": 11.749026, "relative_strength": 15.691548, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 81.465304, "energy": 64.406786, "activity_lines": [ 14.48202, 14.360739, 13.827976, 13.215578 ] }, { "date": "2025-10-31", "close": 15.352667, "volume": 0, "typical_volume": 119.0, "trend": 12.466532, "fair_value": 11.773996, "relative_strength": 14.587896, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 84.617339, "energy": 68.609196, "activity_lines": [ 14.748643, 14.573773, 14.024253, 13.412965 ] }, { "date": "2025-11-07", "close": 15.973173, "volume": 0, "typical_volume": 77.25, "trend": 12.700681, "fair_value": 11.805634, "relative_strength": 20.21141, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 88.944611, "energy": 73.391549, "activity_lines": [ 15.206589, 14.86587, 14.261514, 13.6392 ] }, { "date": "2025-11-14", "close": 16.302816, "volume": 0, "typical_volume": 69.25, "trend": 12.927151, "fair_value": 11.839642, "relative_strength": 19.839446, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 86.8552, "energy": 93.234563, "activity_lines": [ 15.686835, 15.174271, 14.510967, 13.871596 ] }, { "date": "2025-11-21", "close": 15.187845, "volume": 0, "typical_volume": 69.25, "trend": 13.102012, "fair_value": 11.861967, "relative_strength": 13.006373, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.099311, "energy": 79.510748, "activity_lines": [ 15.652901, 15.234559, 14.631952, 14.017447 ] }, { "date": "2025-11-28", "close": 15.357514, "volume": 0, "typical_volume": 49.0, "trend": 13.280045, "fair_value": 11.885302, "relative_strength": 9.176888, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.199007, "energy": 63.120367, "activity_lines": [ 15.583094, 15.306305, 14.754114, 14.162963 ] }, { "date": "2025-12-05", "close": 15.716244, "volume": 0, "typical_volume": 49.0, "trend": 13.454506, "fair_value": 11.913141, "relative_strength": 9.946681, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.977868, "energy": 58.297288, "activity_lines": [ 15.610241, 15.419477, 14.896798, 14.320137 ] }, { "date": "2025-12-12", "close": 15.541728, "volume": 0, "typical_volume": 34.0, "trend": 13.606222, "fair_value": 11.940758, "relative_strength": 8.074692, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 58.497484, "energy": 46.647014, "activity_lines": [ 15.554978, 15.490077, 15.008849, 14.454797 ] }, { "date": "2025-12-19", "close": 15.076348, "volume": 0, "typical_volume": 30.3, "trend": 13.752986, "fair_value": 11.962445, "relative_strength": 2.107583, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 45.091283, "energy": 35.7843, "activity_lines": [ 15.37335, 15.460021, 15.065037, 14.549643 ] }, { "date": "2025-12-26", "close": 15.265409, "volume": 0, "typical_volume": 30.3, "trend": 13.892386, "fair_value": 11.983165, "relative_strength": 3.033481, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 42.955867, "energy": 34.11447, "activity_lines": [ 15.336508, 15.44777, 15.127941, 14.647219 ] }, { "date": "2026-01-02", "close": 15.798656, "volume": 0, "typical_volume": 25.3, "trend": 14.046921, "fair_value": 12.007817, "relative_strength": 4.530038, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 54.35098, "energy": 37.017752, "activity_lines": [ 15.472244, 15.505854, 15.230413, 14.770204 ] }, { "date": "2026-01-09", "close": 15.915001, "volume": 60, "typical_volume": 28.3, "trend": 14.192444, "fair_value": 12.031377, "relative_strength": 4.364746, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 65.012027, "energy": 41.780524, "activity_lines": [ 15.617352, 15.570902, 15.330021, 14.890726 ] }, { "date": "2026-01-16", "close": 15.855, "volume": 200, "typical_volume": 38.3, "trend": 14.322923, "fair_value": 12.05248, "relative_strength": 2.677244, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 60.265244, "energy": 43.14207, "activity_lines": [ 15.729209, 15.614816, 15.412397, 14.997987 ] }, { "date": "2026-01-23", "close": 15.94, "volume": 0, "typical_volume": 38.3, "trend": 14.466795, "fair_value": 12.074521, "relative_strength": 2.225023, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 61.746958, "energy": 46.355125, "activity_lines": [ 15.848515, 15.676333, 15.492003, 15.102315 ] }, { "date": "2026-01-30", "close": 16.5, "volume": 200, "typical_volume": 48.3, "trend": 14.615405, "fair_value": 12.103956, "relative_strength": 4.046007, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 74.458576, "energy": 58.686586, "activity_lines": [ 16.096911, 15.846265, 15.614782, 15.233489 ] }, { "date": "2026-02-06", "close": 16.365, "volume": 1045, "typical_volume": 87.8, "trend": 14.744488, "fair_value": 12.131215, "relative_strength": 2.009376, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 67.867741, "energy": 58.343882, "activity_lines": [ 16.218, 15.967794, 15.713378, 15.346366 ] }, { "date": "2026-02-13", "close": 16.84, "volume": 0, "typical_volume": 87.8, "trend": 14.880031, "fair_value": 12.158054, "relative_strength": 5.604814, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 76.202083, "energy": 68.298048, "activity_lines": [ 16.459667, 16.157369, 15.846181, 15.481561 ] }, { "date": "2026-02-20", "close": 18.24, "volume": 0, "typical_volume": 87.8, "trend": 15.050769, "fair_value": 12.195836, "relative_strength": 10.575415, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 93.339147, "energy": 91.072761, "activity_lines": [ 17.106333, 16.581057, 16.104126, 15.698333 ] }, { "date": "2026-02-27", "close": 19.16, "volume": 200, "typical_volume": 85.3, "trend": 15.265908, "fair_value": 12.238597, "relative_strength": 17.820324, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 95.023272, "energy": 96.796897, "activity_lines": [ 17.900667, 17.122959, 16.432641, 15.963445 ] }, { "date": "2026-03-06", "close": 20.719999, "volume": 0, "typical_volume": 85.25, "trend": 15.526261, "fair_value": 12.293116, "relative_strength": 33.294809, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 97.643609, "energy": 98.813934, "activity_lines": [ 19.000333, 17.874248, 16.885941, 16.315321 ] }, { "date": "2026-03-13", "close": 22.790001, "volume": 51, "typical_volume": 87.8, "trend": 15.856906, "fair_value": 12.36749, "relative_strength": 48.703504, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 98.338193, "energy": 99.268602, "activity_lines": [ 20.508667, 18.902727, 17.503438, 16.78395 ] }, { "date": "2026-03-20", "close": 24.34, "volume": 45, "typical_volume": 90.05, "trend": 16.218373, "fair_value": 12.452142, "relative_strength": 58.772987, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 97.629801, "energy": 99.101115, "activity_lines": [ 22.105333, 20.085909, 18.231546, 17.331246 ] }, { "date": "2026-03-27", "close": 24.09, "volume": 340, "typical_volume": 107.05, "trend": 16.568921, "fair_value": 12.535191, "relative_strength": 53.094775, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 86.814237, "energy": 95.299187, "activity_lines": [ 23.118667, 21.070455, 18.893047, 17.839093 ] }, { "date": "2026-04-03", "close": 24.57, "volume": 315, "typical_volume": 122.8, "trend": 16.927712, "fair_value": 12.618378, "relative_strength": 49.073675, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 82.088558, "energy": 93.43552, "activity_lines": [ 23.902, 21.992545, 19.561611, 18.355292 ] }, { "date": "2026-04-10", "close": 21.469999, "volume": 0, "typical_volume": 122.8, "trend": 17.172667, "fair_value": 12.682402, "relative_strength": 21.289113, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 68.333815, "energy": 68.325691, "activity_lines": [ 23.291333, 22.194091, 19.895569, 18.648343 ] }, { "date": "2026-04-17", "close": 19.959999, "volume": 150, "typical_volume": 130.3, "trend": 17.369713, "fair_value": 12.740341, "relative_strength": 9.3958, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.535593, "energy": 61.842995, "activity_lines": [ 22.127333, 22.030727, 20.055803, 18.82817 ] }, { "date": "2026-04-24", "close": 21.040001, "volume": 0, "typical_volume": 130.3, "trend": 17.567047, "fair_value": 12.806358, "relative_strength": 18.501326, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 48.560557, "energy": 42.947215, "activity_lines": [ 21.512, 21.998364, 20.296977, 19.064963 ] }, { "date": "2026-05-01", "close": 22.41, "volume": 15, "typical_volume": 131.05, "trend": 17.825399, "fair_value": 12.882259, "relative_strength": 24.215454, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 47.617209, "energy": 32.376999, "activity_lines": [ 21.573333, 22.138727, 20.643277, 19.377412 ] }, { "date": "2026-05-08", "close": 21.76, "volume": 0, "typical_volume": 131.05, "trend": 18.078566, "fair_value": 12.953547, "relative_strength": 17.867003, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 41.517195, "energy": 27.877772, "activity_lines": [ 21.53, 22.085091, 20.894965, 19.631257 ] }, { "date": "2026-05-15", "close": 22.559999, "volume": 0, "typical_volume": 131.05, "trend": 18.370519, "fair_value": 13.027785, "relative_strength": 21.670583, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 51.428277, "energy": 38.567742, "activity_lines": [ 21.940666, 22.129636, 21.191017, 19.920382 ] }, { "date": "2026-05-22", "close": 22.25, "volume": 0, "typical_volume": 131.05, "trend": 18.61158, "fair_value": 13.101532, "relative_strength": 16.625233, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 57.740637, "energy": 42.933254, "activity_lines": [ 22.175333, 22.084363, 21.422809, 20.170671 ] }, { "date": "2026-05-29", "close": 21.92, "volume": 0, "typical_volume": 128.05, "trend": 18.830491, "fair_value": 13.172902, "relative_strength": 11.080594, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 54.477241, "energy": 38.5864, "activity_lines": [ 22.147333, 21.988909, 21.592452, 20.384117 ] }, { "date": "2026-06-05", "close": 22.474522, "volume": 0, "typical_volume": 118.05, "trend": 19.047203, "fair_value": 13.246094, "relative_strength": 14.290304, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 59.217544, "energy": 41.003389, "activity_lines": [ 22.245507, 22.038277, 21.786311, 20.619216 ] }, { "date": "2026-06-12", "close": 22.211147, "volume": 0, "typical_volume": 118.05, "trend": 19.244147, "fair_value": 13.316705, "relative_strength": 9.218171, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 53.098435, "energy": 36.847073, "activity_lines": [ 22.251588, 22.06913, 21.923566, 20.823342 ] }, { "date": "2026-06-19", "close": 21.02109, "volume": 0, "typical_volume": 108.05, "trend": 19.438589, "fair_value": 13.382128, "relative_strength": -1.163836, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 38.646387, "energy": 24.088844, "activity_lines": [ 21.830907, 21.926498, 21.917619, 20.937983 ] }, { "date": "2026-06-26", "close": 20.708942, "volume": 0, "typical_volume": 55.8, "trend": 19.616969, "fair_value": 13.44458, "relative_strength": -1.13736, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 15.068908, "energy": 11.664798, "activity_lines": [ 21.40877, 21.735274, 21.860415, 21.019941 ] }, { "date": "2026-07-03", "close": 21.899002, "volume": 0, "typical_volume": 55.8, "trend": 19.823061, "fair_value": 13.516076, "relative_strength": 1.648354, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 19.474939, "energy": 14.090644, "activity_lines": [ 21.486058, 21.746807, 21.895864, 21.167169 ] }, { "date": "2026-07-10", "close": 23.1, "volume": 0, "typical_volume": 55.8, "trend": 20.075004, "fair_value": 13.594059, "relative_strength": 8.071519, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 53.183713, "energy": 25.057858, "activity_lines": [ 21.965077, 21.961085, 22.021603, 21.378585 ] }, { "date": "2026-07-17", "close": 24.459999, "volume": 0, "typical_volume": 45.8, "trend": 20.387792, "fair_value": 13.681567, "relative_strength": 15.918238, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 78.967579, "energy": 63.228479, "activity_lines": [ 22.855732, 22.41009, 22.253724, 21.661488 ] }, { "date": "2026-07-24", "close": 25.77, "volume": 0, "typical_volume": 45.8, "trend": 20.737945, "fair_value": 13.772355, "relative_strength": 19.625121, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 87.838033, "energy": 87.699562, "activity_lines": [ 24.033129, 23.048187, 22.585368, 22.008727 ] }, { "date": "2026-07-31", "close": 26.33, "volume": 217, "typical_volume": 54.1, "trend": 21.08899, "fair_value": 13.867083, "relative_strength": 21.328456, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 86.878244, "energy": 94.403698, "activity_lines": [ 25.0806, 23.729737, 22.946298, 22.369504 ] }, { "date": "2026-08-07", "close": 25.190001, "volume": 0, "typical_volume": 51.85, "trend": 21.398157, "fair_value": 13.952833, "relative_strength": 12.002159, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 67.953903, "energy": 88.111979, "activity_lines": [ 25.373334, 24.129834, 23.181799, 22.634086 ] } ], "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." } } }