{ "ticker": { "uuid": "be6b1bca-6d11-4609-ac8f-94fff0456b46", "symbol": "CHINU", "name": "BNP Paribas Easy MSCI China Min", "exchange": "PAR", "country": "FR", "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": "^FCHI", "stage": 4, "stage_name": "Declining", "phase": "4b", "phase_label": "Stage 4B \u00b7 Declining", "transition": "stage_4_declining", "transition_label": "Stage 4 decline intact", "confidence": 86.844, "architecture_regime": "downward_expansion", "architecture_regime_label": "Downward Expansion", "architecture_modifier": "Established contraction", "architecture_gate": "down", "architecture_direction": -6.697, "architecture_energy": 20.025, "architecture_maturity": 100.0, "architecture_confidence": 48.226, "architecture_tenure": "Established", "architecture": { "interpretation": { "headline": "The weekly architecture is expanding downward.", "body": "Trend and Activity show sustained negative alignment with weak price acceptance. Repair requires persistent improvement across the structure, not merely one strong observation." }, "scores": { "balance": 50.44, "rotation_up": 42.32, "upward_expansion": 23.47, "deceleration": 41.31, "rotation_down": 16.36, "downward_expansion": 55.14 }, "activity_lines": [ 6.803647, 6.673933, 6.732664, 6.820276 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": 0.166667 }, "latest_close": 6.9798, "trend_reference": 6.9888, "distance_from_trend": -0.001288, "trend_direction": "Weakening", "fair_value": 6.103791, "distance_from_fair_value": 0.143519, "fair_value_direction": "Weakening", "relative_strength": -10.161998, "relative_strength_direction": "Weakening", "price_momentum": -0.073929, "excess_performance": -0.12724, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.001288, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.042349, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.143519, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.048887, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.10162, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.077333, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.073929, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.668111, "read": "Supply-led" } ], "volume": { "latest": 50307, "relative_activity": 1.266021, "balance": 0.668111, "dry_up": 1.366188, "accumulation_observations": 3, "distribution_observations": 3 }, "risk": { "range_context": 0.030058, "annualized_volatility": 0.176185, "from_high_reference": -0.148441, "from_low_reference": 0.135001 }, "levels": { "trend_reference": 6.9888, "fair_value_reference": 6.103791, "structural_low": 6.1496, "invalidation": "Reclaiming a flat-to-rising Trend with improving relative strength is required before the declining diagnosis is repaired." }, "outcomes": [ { "horizon": "Near term", "sample_count": 15, "median_return": -0.016242, "positive_rate": 0.4, "directional_follow_through": 0.6, "median_excess_return": -0.014074, "regime_survival": 0.8, "best_return": 0.281102, "worst_return": -0.082541, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 5, "median_return": -0.037695, "positive_rate": 0.2, "directional_follow_through": 0.8, "median_excess_return": -0.065812, "regime_survival": 0.4, "best_return": 0.194121, "worst_return": -0.105957, "sufficient": true }, { "horizon": "Extended", "sample_count": 3, "median_return": -0.004564, "positive_rate": 0.333333, "directional_follow_through": 0.666667, "median_excess_return": 0.007763, "regime_survival": 0.333333, "best_return": 0.449477, "worst_return": -0.167527, "sufficient": false }, { "horizon": "Full cycle", "sample_count": 2, "median_return": 0.229209, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": 0.197342, "regime_survival": 0.0, "best_return": 0.629744, "worst_return": -0.171326, "sufficient": false } ], "ledger": [ { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-03-29", "end": "2024-05-03", "tenure": "Developing", "return": 0.10117, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2024-05-10", "end": "2024-06-14", "tenure": "Developing", "return": -0.061939, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-06-21", "end": "2024-08-02", "tenure": "Developing", "return": -0.058046, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2024-08-09", "end": "2024-08-30", "tenure": "New", "return": 0.009939, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-09-06", "end": "2024-09-06", "tenure": "New", "return": 0.0, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2024-09-13", "end": "2024-09-20", "tenure": "New", "return": 0.046622, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-09-27", "end": "2024-11-15", "tenure": "Developing", "return": -0.059255, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-11-22", "end": "2025-02-07", "tenure": "Developing", "return": 0.101848, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-02-14", "end": "2025-04-04", "tenure": "Developing", "return": -0.056794, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-04-11", "end": "2025-05-16", "tenure": "Developing", "return": 0.119449, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-05-23", "end": "2025-10-31", "tenure": "Established", "return": 0.177166, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-11-07", "end": "2026-02-06", "tenure": "Established", "return": -0.01535, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-02-13", "end": "2026-02-27", "tenure": "New", "return": -0.01966, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-03-06", "end": "2026-08-07", "tenure": "Established", "return": 0.001535, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 5.4721, "volume": 88936, "typical_volume": 32063.7, "trend": 5.847167, "fair_value": 6.6587, "relative_strength": -7.764286, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": -8.731391, "energy": 14.601572, "activity_lines": [ 5.859687, 5.841527, 5.772675, 5.781898 ] }, { "date": "2023-08-25", "close": 5.5431, "volume": 30418, "typical_volume": 32790.05, "trend": 5.809373, "fair_value": 6.648465, "relative_strength": -6.908839, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -42.387771, "energy": 19.470174, "activity_lines": [ 5.733687, 5.792665, 5.752832, 5.762281 ] }, { "date": "2023-09-01", "close": 5.8485, "volume": 15272, "typical_volume": 33037.5, "trend": 5.79044, "fair_value": 6.641193, "relative_strength": -2.302086, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -11.869132, "energy": 18.638242, "activity_lines": [ 5.719893, 5.806709, 5.763801, 5.764805 ] }, { "date": "2023-09-08", "close": 5.5352, "volume": 1881, "typical_volume": 32431.1, "trend": 5.768843, "fair_value": 6.631229, "relative_strength": -6.403993, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -45.092666, "energy": 32.322261, "activity_lines": [ 5.626607, 5.758111, 5.744986, 5.748338 ] }, { "date": "2023-09-15", "close": 5.6025, "volume": 8394, "typical_volume": 32358.15, "trend": 5.756457, "fair_value": 6.622044, "relative_strength": -6.680112, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -50.548693, "energy": 35.201523, "activity_lines": [ 5.61714, 5.722985, 5.733693, 5.737606 ] }, { "date": "2023-09-22", "close": 5.5681, "volume": 13851, "typical_volume": 32530.0, "trend": 5.750893, "fair_value": 6.612717, "relative_strength": -4.424546, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -51.961318, "energy": 36.607657, "activity_lines": [ 5.606413, 5.681427, 5.7196, 5.725454 ] }, { "date": "2023-09-29", "close": 5.4177, "volume": 10576, "typical_volume": 32527.35, "trend": 5.729087, "fair_value": 6.602234, "relative_strength": -6.02267, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -61.53042, "energy": 46.563752, "activity_lines": [ 5.539153, 5.61732, 5.69212, 5.703958 ] }, { "date": "2023-10-06", "close": 5.3805, "volume": 20788, "typical_volume": 32562.0, "trend": 5.722963, "fair_value": 6.59161, "relative_strength": -5.376357, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.286037, "energy": 49.604081, "activity_lines": [ 5.467853, 5.551567, 5.662196, 5.681469 ] }, { "date": "2023-10-13", "close": 5.3931, "volume": 73066, "typical_volume": 35031.95, "trend": 5.7078, "fair_value": 6.581278, "relative_strength": -4.27301, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.845321, "energy": 53.705994, "activity_lines": [ 5.431953, 5.503416, 5.63459, 5.660187 ] }, { "date": "2023-10-20", "close": 5.1174, "volume": 5048, "typical_volume": 32956.0, "trend": 5.6808, "fair_value": 6.568767, "relative_strength": -6.587041, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -74.969565, "energy": 66.768208, "activity_lines": [ 5.313627, 5.424464, 5.580976, 5.622097 ] }, { "date": "2023-10-27", "close": 5.2511, "volume": 2516, "typical_volume": 32157.8, "trend": 5.656203, "fair_value": 6.5576, "relative_strength": -4.058318, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.07784, "energy": 64.128142, "activity_lines": [ 5.272207, 5.381424, 5.542068, 5.594374 ] }, { "date": "2023-11-03", "close": 5.4095, "volume": 5449, "typical_volume": 31443.75, "trend": 5.63967, "fair_value": 6.547952, "relative_strength": -4.741247, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -59.273394, "energy": 52.304034, "activity_lines": [ 5.30472, 5.371202, 5.520232, 5.578458 ] }, { "date": "2023-11-10", "close": 5.2669, "volume": 4893, "typical_volume": 31238.45, "trend": 5.619907, "fair_value": 6.537277, "relative_strength": -7.137934, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.835153, "energy": 53.309512, "activity_lines": [ 5.290247, 5.337482, 5.487383, 5.554408 ] }, { "date": "2023-11-17", "close": 5.4271, "volume": 170295, "typical_volume": 39251.05, "trend": 5.608513, "fair_value": 6.528102, "relative_strength": -6.724058, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -53.634017, "energy": 31.938082, "activity_lines": [ 5.336747, 5.343464, 5.471074, 5.541969 ] }, { "date": "2023-11-24", "close": 5.4873, "volume": 25563, "typical_volume": 40071.4, "trend": 5.60134, "fair_value": 6.51957, "relative_strength": -6.450209, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -38.55471, "energy": 20.049048, "activity_lines": [ 5.401047, 5.362356, 5.461337, 5.534149 ] }, { "date": "2023-12-01", "close": 5.0914, "volume": 20566, "typical_volume": 40568.5, "trend": 5.578893, "fair_value": 6.507959, "relative_strength": -13.543367, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -69.197461, "energy": 37.258787, "activity_lines": [ 5.30872, 5.311362, 5.414397, 5.501249 ] }, { "date": "2023-12-08", "close": 4.829, "volume": 8993, "typical_volume": 40141.15, "trend": 5.55158, "fair_value": 6.494419, "relative_strength": -19.502692, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -80.24233, "energy": 62.421563, "activity_lines": [ 5.139573, 5.221325, 5.345993, 5.452869 ] }, { "date": "2023-12-15", "close": 4.9523, "volume": 23762, "typical_volume": 31478.15, "trend": 5.52948, "fair_value": 6.482082, "relative_strength": -17.748167, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -70.673265, "energy": 72.970841, "activity_lines": [ 5.050227, 5.164411, 5.293475, 5.414206 ] }, { "date": "2023-12-22", "close": 4.7352, "volume": 8332, "typical_volume": 27284.3, "trend": 5.505803, "fair_value": 6.468218, "relative_strength": -20.583304, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -79.277667, "energy": 84.631152, "activity_lines": [ 4.909487, 5.075809, 5.22633, 5.362962 ] }, { "date": "2023-12-29", "close": 4.9345, "volume": 1405, "typical_volume": 27000.2, "trend": 5.4859, "fair_value": 6.456142, "relative_strength": -16.47363, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.299707, "energy": 78.617308, "activity_lines": [ 4.881307, 5.035405, 5.186361, 5.326104 ] }, { "date": "2024-01-05", "close": 4.8104, "volume": 7099, "typical_volume": 22908.35, "trend": 5.457307, "fair_value": 6.443284, "relative_strength": -16.71529, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -68.61204, "energy": 74.789511, "activity_lines": [ 4.848613, 4.975764, 5.138482, 5.282523 ] }, { "date": "2024-01-12", "close": 4.716, "volume": 38870, "typical_volume": 23330.95, "trend": 5.41621, "fair_value": 6.429895, "relative_strength": -18.276349, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -73.445664, "energy": 73.390928, "activity_lines": [ 4.803187, 4.906971, 5.084764, 5.234697 ] }, { "date": "2024-01-19", "close": 4.3662, "volume": 28182, "typical_volume": 23976.45, "trend": 5.37721, "fair_value": 6.41402, "relative_strength": -22.762034, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -87.624404, "energy": 82.039873, "activity_lines": [ 4.648693, 4.787187, 5.00167, 5.166954 ] }, { "date": "2024-01-26", "close": 4.5272, "volume": 22422, "typical_volume": 25003.5, "trend": 5.341343, "fair_value": 6.399617, "relative_strength": -21.987362, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -71.690598, "energy": 75.357406, "activity_lines": [ 4.58694, 4.713053, 4.940969, 5.112115 ] }, { "date": "2024-02-02", "close": 4.2067, "volume": 43948, "typical_volume": 26781.2, "trend": 5.295143, "fair_value": 6.383004, "relative_strength": -26.491227, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -85.110135, "energy": 89.523183, "activity_lines": [ 4.43222, 4.597007, 4.854543, 5.038912 ] }, { "date": "2024-02-09", "close": 4.4493, "volume": 48478, "typical_volume": 28512.55, "trend": 5.249057, "fair_value": 6.368465, "relative_strength": -22.247568, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.960741, "energy": 79.443477, "activity_lines": [ 4.406887, 4.548355, 4.797869, 4.984342 ] }, { "date": "2024-02-16", "close": 4.6344, "volume": 129692, "typical_volume": 34468.35, "trend": 5.213563, "fair_value": 6.355524, "relative_strength": -19.82481, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.895083, "energy": 58.329837, "activity_lines": [ 4.467327, 4.545031, 4.76415, 4.944686 ] }, { "date": "2024-02-23", "close": 4.7229, "volume": 153126, "typical_volume": 41085.25, "trend": 5.163573, "fair_value": 6.34343, "relative_strength": -19.905005, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -50.108389, "energy": 43.968662, "activity_lines": [ 4.562707, 4.561336, 4.742591, 4.913031 ] }, { "date": "2024-03-01", "close": 4.8445, "volume": 70451, "typical_volume": 40954.5, "trend": 5.109857, "fair_value": 6.332409, "relative_strength": -17.041172, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -40.089528, "energy": 24.922488, "activity_lines": [ 4.67484, 4.603922, 4.735744, 4.892445 ] }, { "date": "2024-03-08", "close": 4.6885, "volume": 12476, "typical_volume": 41325.9, "trend": 5.074287, "fair_value": 6.320409, "relative_strength": -20.262338, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -34.002873, "energy": 26.477372, "activity_lines": [ 4.71382, 4.616156, 4.716652, 4.865261 ] }, { "date": "2024-03-15", "close": 4.8144, "volume": 97368, "typical_volume": 46068.5, "trend": 5.052363, "fair_value": 6.309496, "relative_strength": -18.946346, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -28.276129, "energy": 24.123895, "activity_lines": [ 4.762647, 4.655755, 4.711593, 4.848494 ] }, { "date": "2024-03-22", "close": 4.7346, "volume": 130253, "typical_volume": 52308.7, "trend": 5.025413, "fair_value": 6.298166, "relative_strength": -19.606953, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -27.410471, "energy": 20.83397, "activity_lines": [ 4.760533, 4.680771, 4.701013, 4.827993 ] }, { "date": "2024-03-29", "close": 4.7623, "volume": 96341, "typical_volume": 56881.1, "trend": 4.989207, "fair_value": 6.287196, "relative_strength": -19.156469, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -18.269241, "energy": 13.037425, "activity_lines": [ 4.760973, 4.710485, 4.696286, 4.811018 ] }, { "date": "2024-04-05", "close": 4.7569, "volume": 43048, "typical_volume": 50518.75, "trend": 4.963263, "fair_value": 6.276343, "relative_strength": -17.321927, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -16.979065, "energy": 11.999611, "activity_lines": [ 4.756987, 4.732016, 4.693447, 4.796031 ] }, { "date": "2024-04-12", "close": 4.7081, "volume": 75837, "typical_volume": 53032.45, "trend": 4.93345, "fair_value": 6.265299, "relative_strength": -17.227243, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -17.857163, "energy": 10.604282, "activity_lines": [ 4.742573, 4.740498, 4.689151, 4.779569 ] }, { "date": "2024-04-19", "close": 4.6577, "volume": 43223, "typical_volume": 54165.3, "trend": 4.903103, "fair_value": 6.254057, "relative_strength": -17.829182, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -32.897768, "energy": 17.684609, "activity_lines": [ 4.710053, 4.7307, 4.683767, 4.761778 ] }, { "date": "2024-04-26", "close": 4.9985, "volume": 22780, "typical_volume": 54854.65, "trend": 4.88913, "fair_value": 6.245338, "relative_strength": -12.1923, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 6.645288, "energy": 8.967532, "activity_lines": [ 4.80158, 4.779076, 4.712904, 4.767933 ] }, { "date": "2024-05-03", "close": 5.2441, "volume": 16485, "typical_volume": 54490.8, "trend": 4.884583, "fair_value": 6.238432, "relative_strength": -6.065975, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 40.99973, "energy": 50.747614, "activity_lines": [ 4.95738, 4.865487, 4.764625, 4.790834 ] }, { "date": "2024-05-10", "close": 5.2552, "volume": 24132, "typical_volume": 55280.8, "trend": 4.879987, "fair_value": 6.231698, "relative_strength": -8.556113, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 50.947918, "energy": 68.702707, "activity_lines": [ 5.08476, 4.94444, 4.816014, 4.814745 ] }, { "date": "2024-05-17", "close": 5.4896, "volume": 34436, "typical_volume": 56932.35, "trend": 4.892393, "fair_value": 6.22665, "relative_strength": -3.668429, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 59.382263, "energy": 81.692193, "activity_lines": [ 5.257053, 5.058544, 4.88725, 4.854075 ] }, { "date": "2024-05-24", "close": 5.1039, "volume": 15289, "typical_volume": 57341.85, "trend": 4.887487, "fair_value": 6.219064, "relative_strength": -9.35064, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 36.763783, "energy": 70.622606, "activity_lines": [ 5.24868, 5.087955, 4.91911, 4.86772 ] }, { "date": "2024-05-31", "close": 4.9397, "volume": 19745, "typical_volume": 56385.6, "trend": 4.871827, "fair_value": 6.210477, "relative_strength": -10.794078, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 34.781054, "energy": 54.118291, "activity_lines": [ 5.155827, 5.082247, 4.933933, 4.871089 ] }, { "date": "2024-06-07", "close": 4.9658, "volume": 20788, "typical_volume": 56015.9, "trend": 4.86179, "fair_value": 6.202179, "relative_strength": -10.010075, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 46.364545, "energy": 34.600551, "activity_lines": [ 5.075593, 5.077556, 4.950178, 4.877152 ] }, { "date": "2024-06-14", "close": 4.9297, "volume": 37265, "typical_volume": 56758.05, "trend": 4.84521, "fair_value": 6.193752, "relative_strength": -4.333476, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 35.523067, "energy": 25.710858, "activity_lines": [ 5.00188, 5.062602, 4.960129, 4.881533 ] }, { "date": "2024-06-21", "close": 4.9237, "volume": 70753, "typical_volume": 58098.3, "trend": 4.826423, "fair_value": 6.185397, "relative_strength": -5.682822, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 29.358436, "energy": 26.654752, "activity_lines": [ 4.947867, 5.043415, 4.967591, 4.886597 ] }, { "date": "2024-06-28", "close": 4.8818, "volume": 16399, "typical_volume": 56494.35, "trend": 4.819437, "fair_value": 6.176876, "relative_strength": -4.339505, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 23.537259, "energy": 22.259711, "activity_lines": [ 4.917613, 5.012689, 4.96765, 4.89017 ] }, { "date": "2024-07-05", "close": 4.8736, "volume": 39283, "typical_volume": 51973.9, "trend": 4.820923, "fair_value": 6.168414, "relative_strength": -6.542639, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 18.655298, "energy": 18.568494, "activity_lines": [ 4.899433, 4.976398, 4.964867, 4.893664 ] }, { "date": "2024-07-12", "close": 5.0785, "volume": 6983, "typical_volume": 44666.75, "trend": 4.82513, "fair_value": 6.161382, "relative_strength": -2.860772, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 27.500942, "energy": 15.280952, "activity_lines": [ 4.95396, 4.979633, 4.98046, 4.910282 ] }, { "date": "2024-07-19", "close": 4.8686, "volume": 38581, "typical_volume": 43073.25, "trend": 4.829577, "fair_value": 6.153095, "relative_strength": -4.201529, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 8.881568, "energy": 8.226231, "activity_lines": [ 4.931007, 4.947715, 4.974369, 4.913086 ] }, { "date": "2024-07-26", "close": 4.7379, "volume": 42001, "typical_volume": 44549.5, "trend": 4.823023, "fair_value": 6.12712, "relative_strength": -6.023077, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -6.214312, "energy": 11.230003, "activity_lines": [ 4.86856, 4.899062, 4.955716, 4.907172 ] }, { "date": "2024-08-02", "close": 4.6379, "volume": 34309, "typical_volume": 41396.55, "trend": 4.817273, "fair_value": 6.100172, "relative_strength": -3.964516, "stage": 4, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -33.431253, "energy": 39.167173, "activity_lines": [ 4.785167, 4.845895, 4.927303, 4.895228 ] }, { "date": "2024-08-09", "close": 4.7089, "volume": 246396, "typical_volume": 47203.7, "trend": 4.817037, "fair_value": 6.073254, "relative_strength": -2.349996, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -25.768505, "energy": 47.6024, "activity_lines": [ 4.7417, 4.814109, 4.906493, 4.888237 ] }, { "date": "2024-08-16", "close": 4.7801, "volume": 20395, "typical_volume": 43406.4, "trend": 4.830833, "fair_value": 6.050231, "relative_strength": -2.924637, "stage": 1, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -20.936486, "energy": 46.795084, "activity_lines": [ 4.732947, 4.799465, 4.892587, 4.885854 ] }, { "date": "2024-08-23", "close": 4.7831, "volume": 7901, "typical_volume": 41649.05, "trend": 4.839363, "fair_value": 6.025306, "relative_strength": -4.118304, "stage": 1, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -30.425598, "energy": 44.810057, "activity_lines": [ 4.745087, 4.788744, 4.878881, 4.882774 ] }, { "date": "2024-08-30", "close": 4.7557, "volume": 31793, "typical_volume": 39446.85, "trend": 4.857663, "fair_value": 5.999, "relative_strength": -4.845468, "stage": 1, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -26.575599, "energy": 27.113105, "activity_lines": [ 4.753793, 4.775705, 4.862441, 4.877376 ] }, { "date": "2024-09-06", "close": 4.7128, "volume": 8775, "typical_volume": 37724.45, "trend": 4.866447, "fair_value": 5.972406, "relative_strength": -1.773977, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -30.769461, "energy": 23.829052, "activity_lines": [ 4.747013, 4.757922, 4.841689, 4.86803 ] }, { "date": "2024-09-13", "close": 4.7424, "volume": 55102, "typical_volume": 39340.55, "trend": 4.870047, "fair_value": 5.948646, "relative_strength": -2.295507, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -52.62108, "energy": 31.210424, "activity_lines": [ 4.745107, 4.748593, 4.823493, 4.860027 ] }, { "date": "2024-09-20", "close": 4.9635, "volume": 36723, "typical_volume": 40352.45, "trend": 4.878067, "fair_value": 5.927526, "relative_strength": 2.124279, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -20.048607, "energy": 11.878284, "activity_lines": [ 4.814667, 4.781849, 4.827574, 4.866057 ] }, { "date": "2024-09-27", "close": 5.9303, "volume": 13546, "typical_volume": 39823.15, "trend": 4.91426, "fair_value": 5.911863, "relative_strength": 17.44476, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 76.216985, "energy": 70.818795, "activity_lines": [ 5.194267, 4.992978, 4.925067, 4.933943 ] }, { "date": "2024-10-04", "close": 6.6428, "volume": 24647, "typical_volume": 39333.7, "trend": 4.979403, "fair_value": 5.899858, "relative_strength": 35.446551, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 92.350018, "energy": 96.645003, "activity_lines": [ 5.734887, 5.314349, 5.087203, 5.045461 ] }, { "date": "2024-10-11", "close": 6.0755, "volume": 64526, "typical_volume": 41795.55, "trend": 5.02144, "fair_value": 5.882502, "relative_strength": 23.166734, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 72.765363, "energy": 90.100876, "activity_lines": [ 5.9606, 5.49794, 5.189819, 5.116177 ] }, { "date": "2024-10-18", "close": 5.83, "volume": 616980, "typical_volume": 71657.3, "trend": 5.057953, "fair_value": 5.862078, "relative_strength": 17.59176, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.501073, "energy": 87.534446, "activity_lines": [ 6.013633, 5.610756, 5.264427, 5.168342 ] }, { "date": "2024-10-25", "close": 5.8363, "volume": 42676, "typical_volume": 72751.7, "trend": 5.093753, "fair_value": 5.84315, "relative_strength": 19.512393, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.51092, "energy": 86.96304, "activity_lines": [ 5.99626, 5.704335, 5.335395, 5.218558 ] }, { "date": "2024-11-01", "close": 5.7825, "volume": 30226, "typical_volume": 72399.75, "trend": 5.12794, "fair_value": 5.824871, "relative_strength": 19.778425, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 62.456695, "energy": 56.936807, "activity_lines": [ 5.902767, 5.768927, 5.397095, 5.262994 ] }, { "date": "2024-11-08", "close": 5.8604, "volume": 43042, "typical_volume": 71014.2, "trend": 5.16635, "fair_value": 5.805586, "relative_strength": 22.373166, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 60.040117, "energy": 46.68008, "activity_lines": [ 5.845093, 5.829513, 5.462152, 5.310249 ] }, { "date": "2024-11-15", "close": 5.5789, "volume": 47900, "typical_volume": 72589.25, "trend": 5.197057, "fair_value": 5.785331, "relative_strength": 17.541858, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 44.656996, "energy": 33.336244, "activity_lines": [ 5.745747, 5.818831, 5.49594, 5.336865 ] }, { "date": "2024-11-22", "close": 5.4758, "volume": 93483, "typical_volume": 75299.25, "trend": 5.212967, "fair_value": 5.766354, "relative_strength": 15.594187, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 38.772775, "energy": 23.776024, "activity_lines": [ 5.64514, 5.773656, 5.516589, 5.354849 ] }, { "date": "2024-11-29", "close": 5.5914, "volume": 26546, "typical_volume": 76277.4, "trend": 5.224543, "fair_value": 5.749758, "relative_strength": 18.081818, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 36.07861, "energy": 21.849614, "activity_lines": [ 5.60668, 5.736165, 5.54538, 5.379264 ] }, { "date": "2024-12-06", "close": 5.6543, "volume": 60382, "typical_volume": 77367.45, "trend": 5.237847, "fair_value": 5.732194, "relative_strength": 15.919044, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 33.587009, "energy": 21.244204, "activity_lines": [ 5.605513, 5.698695, 5.577719, 5.40699 ] }, { "date": "2024-12-13", "close": 5.663, "volume": 11391, "typical_volume": 75836.95, "trend": 5.243627, "fair_value": 5.717213, "relative_strength": 15.986904, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 32.656024, "energy": 17.566662, "activity_lines": [ 5.615793, 5.667824, 5.607145, 5.434419 ] }, { "date": "2024-12-20", "close": 5.7068, "volume": 144007, "typical_volume": 81321.85, "trend": 5.263723, "fair_value": 5.702379, "relative_strength": 18.505099, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 36.559154, "energy": 19.329655, "activity_lines": [ 5.653833, 5.662731, 5.636338, 5.464301 ] }, { "date": "2024-12-27", "close": 5.7156, "volume": 16028, "typical_volume": 69803.45, "trend": 5.289587, "fair_value": 5.686927, "relative_strength": 16.964992, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 48.137564, "energy": 26.924011, "activity_lines": [ 5.68628, 5.665942, 5.661278, 5.493455 ] }, { "date": "2025-01-03", "close": 5.5716, "volume": 26423, "typical_volume": 70104.85, "trend": 5.30978, "fair_value": 5.672178, "relative_strength": 14.775234, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 35.501255, "energy": 21.761638, "activity_lines": [ 5.65474, 5.645051, 5.66771, 5.511649 ] }, { "date": "2025-01-10", "close": 5.2563, "volume": 14351, "typical_volume": 70427.35, "trend": 5.320667, "fair_value": 5.653459, "relative_strength": 5.880592, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -3.505145, "energy": 8.203847, "activity_lines": [ 5.51942, 5.571645, 5.640345, 5.508199 ] }, { "date": "2025-01-17", "close": 5.5584, "volume": 164991, "typical_volume": 77087.25, "trend": 5.341823, "fair_value": 5.636852, "relative_strength": 7.520141, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 13.408866, "energy": 17.074936, "activity_lines": [ 5.511333, 5.562735, 5.639498, 5.523536 ] }, { "date": "2025-01-24", "close": 5.733, "volume": 23002, "typical_volume": 77798.6, "trend": 5.370197, "fair_value": 5.625473, "relative_strength": 7.448758, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 24.950225, "energy": 17.066022, "activity_lines": [ 5.56842, 5.59106, 5.651457, 5.548774 ] }, { "date": "2025-01-31", "close": 5.9359, "volume": 74983, "typical_volume": 78792.65, "trend": 5.405607, "fair_value": 5.612816, "relative_strength": 10.328949, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 55.006423, "energy": 27.211262, "activity_lines": [ 5.691393, 5.653475, 5.677882, 5.585271 ] }, { "date": "2025-02-07", "close": 6.0335, "volume": 24482, "typical_volume": 78180.6, "trend": 5.43744, "fair_value": 5.600613, "relative_strength": 11.268334, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 72.247105, "energy": 62.915395, "activity_lines": [ 5.832213, 5.725269, 5.707919, 5.62578 ] }, { "date": "2025-02-14", "close": 6.3827, "volume": 8428, "typical_volume": 77924.7, "trend": 5.48791, "fair_value": 5.591987, "relative_strength": 14.157024, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 85.947509, "energy": 84.956599, "activity_lines": [ 6.05864, 5.852516, 5.766117, 5.686764 ] }, { "date": "2025-02-21", "close": 6.7471, "volume": 68216, "typical_volume": 80103.15, "trend": 5.554883, "fair_value": 5.587899, "relative_strength": 20.236673, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 93.509733, "energy": 96.158832, "activity_lines": [ 6.33144, 6.032775, 5.856866, 5.768002 ] }, { "date": "2025-02-28", "close": 6.407, "volume": 10274, "typical_volume": 77390.55, "trend": 5.613853, "fair_value": 5.584728, "relative_strength": 14.207334, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 67.596448, "energy": 87.045951, "activity_lines": [ 6.411627, 6.131485, 5.914728, 5.822978 ] }, { "date": "2025-03-07", "close": 6.8066, "volume": 20010, "typical_volume": 47542.05, "trend": 5.683777, "fair_value": 5.588624, "relative_strength": 20.342894, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 84.382394, "energy": 93.45832, "activity_lines": [ 6.58008, 6.29012, 6.009069, 5.899929 ] }, { "date": "2025-03-14", "close": 6.874, "volume": 37937, "typical_volume": 47305.1, "trend": 5.753573, "fair_value": 5.588377, "relative_strength": 22.037021, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 80.959064, "energy": 92.093184, "activity_lines": [ 6.712953, 6.441173, 6.105178, 5.976718 ] }, { "date": "2025-03-21", "close": 6.7166, "volume": 21553, "typical_volume": 46871.45, "trend": 5.818023, "fair_value": 5.589727, "relative_strength": 18.201255, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.939428, "energy": 70.529843, "activity_lines": [ 6.737327, 6.539927, 6.181355, 6.038848 ] }, { "date": "2025-03-28", "close": 6.5892, "volume": 11289, "typical_volume": 45283.8, "trend": 5.87914, "fair_value": 5.588115, "relative_strength": 17.014958, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.946039, "energy": 61.690256, "activity_lines": [ 6.696973, 6.588967, 6.24095, 6.088602 ] }, { "date": "2025-04-04", "close": 6.0202, "volume": 35474, "typical_volume": 44662.5, "trend": 5.92272, "fair_value": 5.58336, "relative_strength": 15.590194, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 40.296919, "energy": 36.858114, "activity_lines": [ 6.47748, 6.515811, 6.242885, 6.097702 ] }, { "date": "2025-04-11", "close": 5.8527, "volume": 9038, "typical_volume": 40440.25, "trend": 5.95973, "fair_value": 5.578444, "relative_strength": 14.340333, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 16.240604, "energy": 19.69883, "activity_lines": [ 6.22794, 6.406978, 6.226766, 6.093185 ] }, { "date": "2025-04-18", "close": 5.9723, "volume": 4767, "typical_volume": 39351.3, "trend": 5.993357, "fair_value": 5.577024, "relative_strength": 13.055735, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 11.845143, "energy": 25.355685, "activity_lines": [ 6.08186, 6.321404, 6.220243, 6.093996 ] }, { "date": "2025-04-25", "close": 6.23, "volume": 2787, "typical_volume": 36471.55, "trend": 6.003347, "fair_value": 5.575947, "relative_strength": 13.38795, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 15.63401, "energy": 27.011156, "activity_lines": [ 6.081793, 6.283796, 6.236449, 6.109263 ] }, { "date": "2025-05-02", "close": 6.4056, "volume": 2905, "typical_volume": 36047.25, "trend": 5.99544, "fair_value": 5.578707, "relative_strength": 12.578825, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 29.394678, "energy": 23.820988, "activity_lines": [ 6.1727, 6.280893, 6.266637, 6.135215 ] }, { "date": "2025-05-09", "close": 6.399, "volume": 27764, "typical_volume": 30235.1, "trend": 6.006223, "fair_value": 5.580643, "relative_strength": 12.299634, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 27.64034, "energy": 14.434952, "activity_lines": [ 6.273647, 6.282998, 6.29266, 6.161251 ] }, { "date": "2025-05-16", "close": 6.5518, "volume": 5628, "typical_volume": 29715.1, "trend": 6.030283, "fair_value": 5.582084, "relative_strength": 12.431203, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 49.602548, "energy": 34.242105, "activity_lines": [ 6.400273, 6.313031, 6.32994, 6.19645 ] }, { "date": "2025-05-23", "close": 6.5577, "volume": 6574, "typical_volume": 28722.65, "trend": 6.05433, "fair_value": 5.583488, "relative_strength": 14.102717, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 50.537017, "energy": 49.366503, "activity_lines": [ 6.48226, 6.348769, 6.363799, 6.230477 ] }, { "date": "2025-05-30", "close": 6.369, "volume": 15918, "typical_volume": 28801.0, "trend": 6.07388, "fair_value": 5.582306, "relative_strength": 9.989798, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 44.274342, "energy": 46.216852, "activity_lines": [ 6.46232, 6.355949, 6.374991, 6.250778 ] }, { "date": "2025-06-06", "close": 6.5698, "volume": 8781, "typical_volume": 20990.5, "trend": 6.097527, "fair_value": 5.581394, "relative_strength": 12.049363, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 61.763555, "energy": 55.474227, "activity_lines": [ 6.500047, 6.405958, 6.400009, 6.282773 ] }, { "date": "2025-06-13", "close": 6.6236, "volume": 11581, "typical_volume": 20419.45, "trend": 6.13235, "fair_value": 5.581492, "relative_strength": 14.135053, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.415693, "energy": 50.269383, "activity_lines": [ 6.54476, 6.466102, 6.425334, 6.316713 ] }, { "date": "2025-06-20", "close": 6.5132, "volume": 13806, "typical_volume": 17360.6, "trend": 6.16693, "fair_value": 5.57814, "relative_strength": 13.025495, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 53.822712, "energy": 35.373366, "activity_lines": [ 6.5377, 6.495202, 6.435904, 6.341284 ] }, { "date": "2025-06-27", "close": 6.7162, "volume": 12716, "typical_volume": 16772.3, "trend": 6.204423, "fair_value": 5.576577, "relative_strength": 14.365614, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.936165, "energy": 47.314737, "activity_lines": [ 6.60088, 6.549202, 6.463059, 6.376721 ] }, { "date": "2025-07-04", "close": 6.6452, "volume": 7647, "typical_volume": 16733.25, "trend": 6.237453, "fair_value": 5.57439, "relative_strength": 12.440116, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 58.966776, "energy": 47.985645, "activity_lines": [ 6.629827, 6.576767, 6.4802, 6.405158 ] }, { "date": "2025-07-11", "close": 6.6968, "volume": 17329, "typical_volume": 14188.9, "trend": 6.271913, "fair_value": 5.576169, "relative_strength": 10.838741, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 64.049478, "energy": 52.917745, "activity_lines": [ 6.65756, 6.606165, 6.501006, 6.434793 ] }, { "date": "2025-07-18", "close": 7.0031, "volume": 13019, "typical_volume": 14326.15, "trend": 6.315123, "fair_value": 5.579094, "relative_strength": 15.290852, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 83.196497, "energy": 76.016281, "activity_lines": [ 6.778927, 6.68596, 6.551222, 6.481966 ] }, { "date": "2025-07-25", "close": 7.1336, "volume": 6702, "typical_volume": 13660.75, "trend": 6.36239, "fair_value": 5.584415, "relative_strength": 16.452337, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 85.129455, "energy": 84.939131, "activity_lines": [ 6.918493, 6.778498, 6.611029, 6.534771 ] }, { "date": "2025-08-01", "close": 6.8554, "volume": 6188, "typical_volume": 12073.3, "trend": 6.405183, "fair_value": 5.588199, "relative_strength": 15.424772, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.093643, "energy": 74.935698, "activity_lines": [ 6.923967, 6.809876, 6.642783, 6.566578 ] }, { "date": "2025-08-08", "close": 7.0453, "volume": 1804, "typical_volume": 11085.85, "trend": 6.464817, "fair_value": 5.593253, "relative_strength": 14.870778, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 71.797916, "energy": 77.280171, "activity_lines": [ 6.98346, 6.870369, 6.692712, 6.607876 ] }, { "date": "2025-08-15", "close": 7.2399, "volume": 4535, "typical_volume": 10748.15, "trend": 6.520867, "fair_value": 5.60087, "relative_strength": 14.59831, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 80.864589, "energy": 81.033546, "activity_lines": [ 7.081147, 6.953947, 6.759609, 6.657882 ] }, { "date": "2025-08-22", "close": 7.4647, "volume": 464, "typical_volume": 8997.65, "trend": 6.57859, "fair_value": 5.608487, "relative_strength": 16.612186, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 87.629443, "energy": 86.243557, "activity_lines": [ 7.21756, 7.066215, 6.844816, 6.718774 ] }, { "date": "2025-08-29", "close": 7.4263, "volume": 95484, "typical_volume": 13319.95, "trend": 6.62827, "fair_value": 5.617782, "relative_strength": 19.043597, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 78.618703, "energy": 88.600155, "activity_lines": [ 7.3104, 7.156207, 6.919488, 6.773465 ] }, { "date": "2025-09-05", "close": 7.4265, "volume": 3641, "typical_volume": 13263.65, "trend": 6.674703, "fair_value": 5.627384, "relative_strength": 18.578612, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 72.079221, "energy": 87.571701, "activity_lines": [ 7.383793, 7.229635, 6.986686, 6.824964 ] }, { "date": "2025-09-12", "close": 7.7289, "volume": 4295, "typical_volume": 13339.05, "trend": 6.719577, "fair_value": 5.640997, "relative_strength": 20.037264, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 87.366008, "energy": 92.992381, "activity_lines": [ 7.519913, 7.345129, 7.075759, 6.892977 ] }, { "date": "2025-09-19", "close": 7.8519, "volume": 12495, "typical_volume": 13818.55, "trend": 6.756403, "fair_value": 5.657278, "relative_strength": 20.555003, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 87.074521, "energy": 92.486263, "activity_lines": [ 7.65146, 7.463284, 7.169408, 6.96603 ] }, { "date": "2025-09-26", "close": 7.7965, "volume": 8575, "typical_volume": 12859.1, "trend": 6.80272, "fair_value": 5.673657, "relative_strength": 18.812251, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 76.912717, "energy": 89.230382, "activity_lines": [ 7.72374, 7.550364, 7.250894, 7.033133 ] }, { "date": "2025-10-03", "close": 8.0898, "volume": 23164, "typical_volume": 13735.9, "trend": 6.845493, "fair_value": 5.691822, "relative_strength": 19.733398, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 87.68931, "energy": 91.704024, "activity_lines": [ 7.871667, 7.676345, 7.353659, 7.11617 ] }, { "date": "2025-10-10", "close": 7.5687, "volume": 28848, "typical_volume": 14849.6, "trend": 6.86865, "fair_value": 5.709145, "relative_strength": 13.930579, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.880965, "energy": 65.364259, "activity_lines": [ 7.80166, 7.690196, 7.399471, 7.162829 ] }, { "date": "2025-10-17", "close": 7.6501, "volume": 49283, "typical_volume": 16517.85, "trend": 6.899767, "fair_value": 5.727691, "relative_strength": 11.113408, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.844102, "energy": 59.077273, "activity_lines": [ 7.749307, 7.705878, 7.448222, 7.213245 ] }, { "date": "2025-10-24", "close": 7.8622, "volume": 20406, "typical_volume": 17099.1, "trend": 6.9422, "fair_value": 5.750621, "relative_strength": 13.022305, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 70.928975, "energy": 58.816558, "activity_lines": [ 7.772907, 7.749127, 7.511072, 7.275337 ] }, { "date": "2025-10-31", "close": 7.7195, "volume": 12650, "typical_volume": 17152.55, "trend": 6.998843, "fair_value": 5.769279, "relative_strength": 11.966627, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 48.492872, "energy": 41.220402, "activity_lines": [ 7.748253, 7.755116, 7.554177, 7.325486 ] }, { "date": "2025-11-07", "close": 7.6545, "volume": 46842, "typical_volume": 18804.35, "trend": 7.058903, "fair_value": 5.785178, "relative_strength": 12.98993, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 46.014403, "energy": 38.261058, "activity_lines": [ 7.707067, 7.744655, 7.585873, 7.367786 ] }, { "date": "2025-11-14", "close": 7.7953, "volume": 28954, "typical_volume": 19616.25, "trend": 7.11967, "fair_value": 5.801519, "relative_strength": 11.501274, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 50.095658, "energy": 40.311278, "activity_lines": [ 7.741833, 7.755644, 7.625544, 7.415295 ] }, { "date": "2025-11-21", "close": 7.3355, "volume": 14829, "typical_volume": 19975.35, "trend": 7.15652, "fair_value": 5.816151, "relative_strength": 6.993429, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 27.789237, "energy": 17.683734, "activity_lines": [ 7.608227, 7.676327, 7.616286, 7.42922 ] }, { "date": "2025-11-28", "close": 7.547, "volume": 52311, "typical_volume": 21724.45, "trend": 7.194567, "fair_value": 5.828581, "relative_strength": 7.802925, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 31.079848, "energy": 19.058634, "activity_lines": [ 7.566093, 7.642618, 7.623884, 7.454412 ] }, { "date": "2025-12-05", "close": 7.5799, "volume": 27736, "typical_volume": 22460.3, "trend": 7.23393, "fair_value": 5.839467, "relative_strength": 7.963039, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 18.576869, "energy": 14.226109, "activity_lines": [ 7.55594, 7.620435, 7.630566, 7.479272 ] }, { "date": "2025-12-12", "close": 7.4514, "volume": 29573, "typical_volume": 23603.85, "trend": 7.263917, "fair_value": 5.850603, "relative_strength": 6.363001, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 7.978525, "energy": 15.68834, "activity_lines": [ 7.51226, 7.578825, 7.622264, 7.493303 ] }, { "date": "2025-12-19", "close": 7.4726, "volume": 19339, "typical_volume": 24261.4, "trend": 7.294413, "fair_value": 5.862058, "relative_strength": 5.27433, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 9.174187, "energy": 11.682207, "activity_lines": [ 7.489187, 7.552678, 7.614467, 7.506766 ] }, { "date": "2025-12-26", "close": 7.4633, "volume": 14272, "typical_volume": 24884.8, "trend": 7.33089, "fair_value": 5.872865, "relative_strength": 5.428416, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 5.138664, "energy": 9.942173, "activity_lines": [ 7.484527, 7.526587, 7.602846, 7.517662 ] }, { "date": "2026-01-02", "close": 7.6134, "volume": 15594, "typical_volume": 25437.75, "trend": 7.365677, "fair_value": 5.882085, "relative_strength": 5.963921, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 11.986713, "energy": 9.676391, "activity_lines": [ 7.52138, 7.531184, 7.603529, 7.535889 ] }, { "date": "2026-01-09", "close": 7.6359, "volume": 26086, "typical_volume": 26718.85, "trend": 7.39942, "fair_value": 5.890115, "relative_strength": 3.688036, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 27.653555, "energy": 13.545335, "activity_lines": [ 7.561307, 7.544395, 7.604577, 7.553322 ] }, { "date": "2026-01-16", "close": 7.6601, "volume": 569683, "typical_volume": 50428.8, "trend": 7.43765, "fair_value": 5.898272, "relative_strength": 4.842919, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 34.653551, "energy": 19.353867, "activity_lines": [ 7.605567, 7.563525, 7.607114, 7.57014 ] }, { "date": "2026-01-23", "close": 7.6798, "volume": 78191, "typical_volume": 54156.3, "trend": 7.46977, "fair_value": 5.904701, "relative_strength": 6.101206, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 38.85348, "energy": 24.497263, "activity_lines": [ 7.64248, 7.586136, 7.610414, 7.585763 ] }, { "date": "2026-01-30", "close": 7.6989, "volume": 51465, "typical_volume": 56514.8, "trend": 7.504893, "fair_value": 5.912921, "relative_strength": 6.120429, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 42.232218, "energy": 26.771369, "activity_lines": [ 7.671947, 7.61432, 7.614327, 7.600546 ] }, { "date": "2026-02-06", "close": 7.537, "volume": 32827, "typical_volume": 57531.4, "trend": 7.5329, "fair_value": 5.9216, "relative_strength": 1.701327, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 38.735697, "energy": 20.182961, "activity_lines": [ 7.63174, 7.60646, 7.602963, 7.602617 ] }, { "date": "2026-02-13", "close": 7.406, "volume": 45543, "typical_volume": 59379.8, "trend": 7.54633, "fair_value": 5.930779, "relative_strength": -0.757696, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": -4.424977, "energy": 4.424588, "activity_lines": [ 7.55296, 7.574964, 7.580623, 7.59443 ] }, { "date": "2026-02-20", "close": 7.4382, "volume": 89950, "typical_volume": 62719.1, "trend": 7.556483, "fair_value": 5.941697, "relative_strength": -2.807037, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -23.386987, "energy": 26.11733, "activity_lines": [ 7.50024, 7.552484, 7.56321, 7.587454 ] }, { "date": "2026-02-27", "close": 7.2604, "volume": 22344, "typical_volume": 62393.9, "trend": 7.569983, "fair_value": 5.949315, "relative_strength": -5.965051, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -67.519699, "energy": 60.03719, "activity_lines": [ 7.403047, 7.497916, 7.531965, 7.568352 ] }, { "date": "2026-03-06", "close": 6.9691, "volume": 23512, "typical_volume": 61105.35, "trend": 7.567443, "fair_value": 5.958321, "relative_strength": -3.176282, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -82.711203, "energy": 78.559319, "activity_lines": [ 7.236713, 7.394244, 7.474446, 7.529585 ] }, { "date": "2026-03-13", "close": 7.0755, "volume": 10860, "typical_volume": 60628.05, "trend": 7.561963, "fair_value": 5.96619, "relative_strength": -0.760425, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -72.653292, "energy": 77.277284, "activity_lines": [ 7.1545, 7.318902, 7.430303, 7.497847 ] }, { "date": "2026-03-20", "close": 6.7917, "volume": 20195, "typical_volume": 61005.3, "trend": 7.53953, "fair_value": 5.97173, "relative_strength": -1.791759, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -84.97651, "energy": 86.659409, "activity_lines": [ 7.008453, 7.20174, 7.362878, 7.448152 ] }, { "date": "2026-03-27", "close": 6.7376, "volume": 12780, "typical_volume": 59302.2, "trend": 7.516573, "fair_value": 5.976529, "relative_strength": -3.121186, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -79.816044, "energy": 86.017001, "activity_lines": [ 6.885327, 7.090091, 7.294719, 7.396415 ] }, { "date": "2026-04-03", "close": 6.8439, "volume": 5368, "typical_volume": 58122.9, "trend": 7.497153, "fair_value": 5.982544, "relative_strength": -4.876332, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.526673, "energy": 79.014306, "activity_lines": [ 6.84434, 7.014542, 7.241049, 7.353017 ] }, { "date": "2026-04-10", "close": 7.0543, "volume": 19090, "typical_volume": 58335.95, "trend": 7.474667, "fair_value": 5.990201, "relative_strength": -5.541011, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.609803, "energy": 60.511337, "activity_lines": [ 6.901253, 6.992445, 7.211948, 7.324445 ] }, { "date": "2026-04-17", "close": 7.3096, "volume": 15362, "typical_volume": 56488.5, "trend": 7.45659, "fair_value": 6.000078, "relative_strength": -4.143119, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -47.948392, "energy": 35.649177, "activity_lines": [ 7.037587, 7.028487, 7.2085, 7.313796 ] }, { "date": "2026-04-24", "close": 7.0973, "volume": 16776, "typical_volume": 55940.5, "trend": 7.433283, "fair_value": 6.009019, "relative_strength": -3.96585, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -40.971725, "energy": 23.834266, "activity_lines": [ 7.087547, 7.030064, 7.185964, 7.290616 ] }, { "date": "2026-05-01", "close": 7.0537, "volume": 33927, "typical_volume": 56158.2, "trend": 7.398747, "fair_value": 6.017281, "relative_strength": -4.141621, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -36.464724, "energy": 22.817564, "activity_lines": [ 7.1026, 7.029325, 7.161574, 7.266127 ] }, { "date": "2026-05-08", "close": 7.1868, "volume": 10792, "typical_volume": 55730.85, "trend": 7.386017, "fair_value": 6.027142, "relative_strength": -2.428694, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -32.183586, "energy": 21.875208, "activity_lines": [ 7.140947, 7.059778, 7.151753, 7.252453 ] }, { "date": "2026-05-15", "close": 6.9888, "volume": 74400, "typical_volume": 58737.25, "trend": 7.363973, "fair_value": 6.035947, "relative_strength": -3.30606, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -41.187903, "energy": 22.1261, "activity_lines": [ 7.090433, 7.055569, 7.124437, 7.226826 ] }, { "date": "2026-05-22", "close": 6.8132, "volume": 190770, "typical_volume": 67496.05, "trend": 7.329007, "fair_value": 6.044714, "relative_strength": -7.614815, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.436488, "energy": 36.42211, "activity_lines": [ 6.985753, 7.019075, 7.082656, 7.191292 ] }, { "date": "2026-05-29", "close": 6.785, "volume": 58092, "typical_volume": 69096.35, "trend": 7.297857, "fair_value": 6.052749, "relative_strength": -8.771606, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.080383, "energy": 44.830351, "activity_lines": [ 6.904767, 6.982222, 7.042, 7.156195 ] }, { "date": "2026-06-05", "close": 6.7064, "volume": 5700, "typical_volume": 40897.2, "trend": 7.266253, "fair_value": 6.059404, "relative_strength": -10.162473, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -70.088808, "energy": 67.997527, "activity_lines": [ 6.8184, 6.9312, 6.99791, 7.118036 ] }, { "date": "2026-06-12", "close": 6.7391, "volume": 13940, "typical_volume": 37684.65, "trend": 7.231047, "fair_value": 6.064469, "relative_strength": -11.054767, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.585305, "energy": 72.141545, "activity_lines": [ 6.766087, 6.886691, 6.961475, 7.084026 ] }, { "date": "2026-06-19", "close": 6.5318, "volume": 34274, "typical_volume": 36825.1, "trend": 7.204257, "fair_value": 6.070851, "relative_strength": -14.36036, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -80.164434, "energy": 81.950221, "activity_lines": [ 6.67452, 6.806396, 6.909778, 7.038914 ] }, { "date": "2026-06-26", "close": 6.2674, "volume": 17475, "typical_volume": 36057.5, "trend": 7.161603, "fair_value": 6.075109, "relative_strength": -17.250607, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -89.585618, "energy": 90.8835, "activity_lines": [ 6.525287, 6.687529, 6.838457, 6.978471 ] }, { "date": "2026-07-03", "close": 6.3667, "volume": 11527, "typical_volume": 34356.7, "trend": 7.121163, "fair_value": 6.080071, "relative_strength": -16.953229, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -76.848273, "energy": 88.575949, "activity_lines": [ 6.44554, 6.605665, 6.782639, 6.927187 ] }, { "date": "2026-07-10", "close": 6.6053, "volume": 57304, "typical_volume": 32724.4, "trend": 7.09296, "fair_value": 6.085028, "relative_strength": -11.974957, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.569046, "energy": 80.421217, "activity_lines": [ 6.473213, 6.580467, 6.754493, 6.893906 ] }, { "date": "2026-07-17", "close": 6.5674, "volume": 27314, "typical_volume": 32972.9, "trend": 7.062787, "fair_value": 6.090594, "relative_strength": -12.276513, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.345871, "energy": 66.087228, "activity_lines": [ 6.494993, 6.556531, 6.726705, 6.859999 ] }, { "date": "2026-07-24", "close": 6.6372, "volume": 37169, "typical_volume": 33655.75, "trend": 7.03525, "fair_value": 6.093251, "relative_strength": -11.475279, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -58.561518, "energy": 45.698795, "activity_lines": [ 6.551487, 6.556547, 6.708864, 6.832542 ] }, { "date": "2026-07-31", "close": 6.876, "volume": 102359, "typical_volume": 38230.7, "trend": 7.01067, "fair_value": 6.095944, "relative_strength": -9.57556, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -30.18748, "energy": 21.972692, "activity_lines": [ 6.680553, 6.606375, 6.715346, 6.822267 ] }, { "date": "2026-08-07", "close": 6.9798, "volume": 50307, "typical_volume": 39736.3, "trend": 6.9888, "fair_value": 6.103791, "relative_strength": -10.161998, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -6.696918, "energy": 20.024991, "activity_lines": [ 6.803647, 6.673933, 6.732664, 6.820276 ] } ], "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." } } }