{ "ticker": { "uuid": "c341d13a-dc5b-4f36-b6d3-c8141a9f6e43", "symbol": "HTAE", "name": "Harvest Tech Leaders Enhanced Income ETF CAD Hedged", "exchange": "TOR", "country": "CA", "assetType": "etf" }, "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.", "analysis": { "eligible": true, "as_of": "2026-08-07", "benchmark": "^GSPTSE", "stage": 2, "stage_name": "Advancing", "phase": "2b", "phase_label": "Stage 2B \u00b7 Advancing", "transition": "stage_2_healthy", "transition_label": "Stage 2 trend intact", "confidence": 96.0, "architecture_regime": "deceleration", "architecture_regime_label": "Deceleration", "architecture_modifier": "Recompressing", "architecture_gate": "up", "architecture_direction": 59.569, "architecture_energy": 35.599, "architecture_maturity": 73.192, "architecture_confidence": 95.422, "architecture_tenure": "New", "architecture": { "interpretation": { "headline": "The upward structure remains, but its energy is decelerating.", "body": "Trend remains positive, but Activity or price acceptance is losing strength. This can become a healthy recompression, a re-acceleration, or a Rotation Down." }, "scores": { "balance": 26.47, "rotation_up": 36.24, "upward_expansion": 59.64, "deceleration": 88.27, "rotation_down": 27.22, "downward_expansion": 20.98 }, "activity_lines": [ 19.884655, 19.90786, 19.499863, 18.609583 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.333333 }, "latest_close": 20.84, "trend_reference": 17.566527, "distance_from_trend": 0.186347, "trend_direction": "Improving", "fair_value": 14.120887, "distance_from_fair_value": 0.475828, "fair_value_direction": "Improving", "relative_strength": 10.462308, "relative_strength_direction": "Improving", "price_momentum": 0.350006, "excess_performance": 0.229585, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.186347, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.081949, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.475828, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.085346, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.104623, "read": "Leading" }, { "label": "Relative strength direction", "positive": true, "value": 0.044737, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.350006, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 2.958205, "read": "Demand-led" } ], "volume": { "latest": 61200, "relative_activity": 0.92566, "balance": 2.958205, "dry_up": 0.821296, "accumulation_observations": 3, "distribution_observations": 1 }, "risk": { "range_context": 0.056843, "annualized_volatility": 0.300881, "from_high_reference": -0.006673, "from_low_reference": 0.523471 }, "levels": { "trend_reference": 17.566527, "fair_value_reference": 14.120887, "structural_low": 13.67929, "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 2, "median_return": 0.0034, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": -0.014464, "regime_survival": 0.0, "best_return": 0.015002, "worst_return": -0.008203, "sufficient": false }, { "horizon": "Intermediate", "sample_count": 2, "median_return": 0.096287, "positive_rate": 1.0, "directional_follow_through": 1.0, "median_excess_return": 0.035041, "regime_survival": 0.0, "best_return": 0.182895, "worst_return": 0.009679, "sufficient": false }, { "horizon": "Extended", "sample_count": 1, "median_return": 0.131278, "positive_rate": 1.0, "directional_follow_through": 1.0, "median_excess_return": 0.026126, "regime_survival": 0.0, "best_return": 0.131278, "worst_return": 0.131278, "sufficient": false }, { "horizon": "Full cycle", "sample_count": 1, "median_return": 0.023822, "positive_rate": 1.0, "directional_follow_through": 1.0, "median_excess_return": -0.1167, "regime_survival": 0.0, "best_return": 0.023822, "worst_return": 0.023822, "sufficient": false } ], "ledger": [ { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-09-06", "end": "2024-10-04", "tenure": "Developing", "return": 0.120372, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-10-11", "end": "2025-02-14", "tenure": "Established", "return": 0.022087, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-02-21", "end": "2025-03-07", "tenure": "New", "return": -0.066383, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-03-14", "end": "2025-03-28", "tenure": "New", "return": -0.043047, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-04-04", "end": "2025-05-30", "tenure": "Developing", "return": 0.250072, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-06-06", "end": "2025-06-13", "tenure": "New", "return": -0.002532, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-06-20", "end": "2025-07-25", "tenure": "Developing", "return": 0.085156, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-08-01", "end": "2026-02-06", "tenure": "Extended", "return": 0.057309, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-02-13", "end": "2026-02-20", "tenure": "New", "return": -0.014277, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2026-02-27", "end": "2026-03-13", "tenure": "New", "return": -0.005769, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-03-20", "end": "2026-04-24", "tenure": "Developing", "return": 0.167929, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2026-05-01", "end": "2026-05-08", "tenure": "New", "return": 0.052159, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-05-15", "end": "2026-07-17", "tenure": "Developing", "return": 0.013304, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-07-24", "end": "2026-08-07", "tenure": "New", "return": 0.096965, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 9.25334, "volume": 130900, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-08-25", "close": 9.4785, "volume": 59700, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-09-01", "close": 9.941449, "volume": 30100, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-09-08", "close": 9.868242, "volume": 24000, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-09-15", "close": 9.619342, "volume": 193400, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-09-22", "close": 9.319195, "volume": 29000, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-09-29", "close": 9.320111, "volume": 82500, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-10-06", "close": 9.593794, "volume": 27100, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-10-13", "close": 9.593794, "volume": 12000, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-10-20", "close": 9.290524, "volume": 21500, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-10-27", "close": 8.965061, "volume": 53100, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-11-03", "close": 9.772586, "volume": 155100, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-11-10", "close": 10.198784, "volume": 32100, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-11-17", "close": 10.385712, "volume": 41100, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-11-24", "close": 10.684795, "volume": 35400, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-12-01", "close": 10.588713, "volume": 81800, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-12-08", "close": 10.656639, "volume": 52400, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-12-15", "close": 10.981169, "volume": 73800, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-12-22", "close": 11.094376, "volume": 81400, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-12-29", "close": 11.10152, "volume": 23500, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-01-05", "close": 10.659895, "volume": 72200, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-01-12", "close": 11.230963, "volume": 119600, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-01-19", "close": 11.802027, "volume": 101300, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-01-26", "close": 11.961928, "volume": 55400, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-02-02", "close": 12.160461, "volume": 65400, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-02-09", "close": 12.467543, "volume": 70400, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-02-16", "close": 12.129752, "volume": 83600, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-02-23", "close": 12.344712, "volume": 97100, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-03-01", "close": 12.754524, "volume": 66200, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-03-08", "close": 12.638435, "volume": 88800, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-03-15", "close": 12.444948, "volume": 46300, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-03-22", "close": 12.940269, "volume": 79300, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-03-29", "close": 12.893589, "volume": 63500, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-04-05", "close": 12.82339, "volume": 61100, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-04-12", "close": 12.612786, "volume": 44200, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-04-19", "close": 11.707973, "volume": 111700, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-04-26", "close": 12.331984, "volume": 54400, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-05-03", "close": 12.347713, "volume": 69700, "typical_volume": 72755.0, "trend": 11.452219, "fair_value": 9.515883, "relative_strength": 9.223104, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 31.118427, "energy": 22.435442, "activity_lines": [ 12.282625, 12.453707, 12.373196, 12.033446 ] }, { "date": "2024-05-10", "close": 12.622979, "volume": 63500, "typical_volume": 71860.0, "trend": 11.553192, "fair_value": 9.554242, "relative_strength": 9.19054, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 38.202332, "energy": 23.029273, "activity_lines": [ 12.368695, 12.467055, 12.420866, 12.108979 ] }, { "date": "2024-05-17", "close": 13.031948, "volume": 53500, "typical_volume": 73360.0, "trend": 11.677906, "fair_value": 9.596653, "relative_strength": 11.332028, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 65.670457, "energy": 38.948604, "activity_lines": [ 12.604449, 12.557154, 12.500207, 12.204382 ] }, { "date": "2024-05-24", "close": 13.134191, "volume": 59700, "typical_volume": 72735.0, "trend": 11.816877, "fair_value": 9.639274, "relative_strength": 12.428965, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 68.309044, "energy": 54.542373, "activity_lines": [ 12.84634, 12.658687, 12.580093, 12.298336 ] }, { "date": "2024-05-31", "close": 12.532957, "volume": 128400, "typical_volume": 73175.0, "trend": 11.908889, "fair_value": 9.673722, "relative_strength": 7.154909, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 54.347308, "energy": 43.161586, "activity_lines": [ 12.792738, 12.638374, 12.590936, 12.344535 ] }, { "date": "2024-06-07", "close": 13.076143, "volume": 46100, "typical_volume": 70415.0, "trend": 12.004801, "fair_value": 9.713751, "relative_strength": 12.616166, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 64.138959, "energy": 54.573437, "activity_lines": [ 12.906799, 12.724227, 12.647311, 12.419842 ] }, { "date": "2024-06-14", "close": 13.78189, "volume": 65700, "typical_volume": 70930.0, "trend": 12.118007, "fair_value": 9.761055, "relative_strength": 20.060165, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 81.165497, "energy": 70.320977, "activity_lines": [ 13.207548, 12.935078, 12.764832, 12.534492 ] }, { "date": "2024-06-21", "close": 13.956347, "volume": 74600, "typical_volume": 71390.0, "trend": 12.227059, "fair_value": 9.809277, "relative_strength": 21.336649, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 81.513798, "energy": 75.338619, "activity_lines": [ 13.489189, 13.160222, 12.890303, 12.653095 ] }, { "date": "2024-06-28", "close": 13.988419, "volume": 48100, "typical_volume": 70275.0, "trend": 12.340382, "fair_value": 9.856767, "relative_strength": 19.146449, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 76.578019, "energy": 82.22693, "activity_lines": [ 13.719893, 13.366769, 13.010276, 12.766731 ] }, { "date": "2024-07-05", "close": 14.411826, "volume": 55900, "typical_volume": 68890.0, "trend": 12.465555, "fair_value": 9.907947, "relative_strength": 20.980933, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 81.526244, "energy": 88.628339, "activity_lines": [ 14.034785, 13.608836, 13.163331, 12.900373 ] }, { "date": "2024-07-12", "close": 14.315962, "volume": 111800, "typical_volume": 69625.0, "trend": 12.576715, "fair_value": 9.956925, "relative_strength": 16.340029, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 73.447205, "energy": 85.589995, "activity_lines": [ 14.192464, 13.795658, 13.296389, 13.019754 ] }, { "date": "2024-07-19", "close": 13.405237, "volume": 212700, "typical_volume": 76950.0, "trend": 12.653744, "fair_value": 9.994819, "relative_strength": 8.446385, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 64.650461, "energy": 57.504203, "activity_lines": [ 13.963913, 13.781107, 13.333324, 13.073207 ] }, { "date": "2024-07-26", "close": 13.061719, "volume": 144000, "typical_volume": 79710.0, "trend": 12.719084, "fair_value": 10.028155, "relative_strength": 4.798664, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 45.220662, "energy": 35.441919, "activity_lines": [ 13.645967, 13.689875, 13.334445, 13.099528 ] }, { "date": "2024-08-02", "close": 12.467227, "volume": 154600, "typical_volume": 85125.0, "trend": 12.779328, "fair_value": 10.054381, "relative_strength": 2.370407, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 9.389989, "energy": 16.631057, "activity_lines": [ 13.189498, 13.490013, 13.276932, 13.083279 ] }, { "date": "2024-08-09", "close": 12.676896, "volume": 82700, "typical_volume": 85295.0, "trend": 12.827526, "fair_value": 10.08228, "relative_strength": 3.31765, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 8.538501, "energy": 25.465493, "activity_lines": [ 12.904332, 13.340399, 13.239282, 13.07667 ] }, { "date": "2024-08-16", "close": 13.531702, "volume": 90400, "typical_volume": 86640.0, "trend": 12.885182, "fair_value": 10.11859, "relative_strength": 6.282604, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 25.107437, "energy": 26.562988, "activity_lines": [ 13.019763, 13.343587, 13.284295, 13.122101 ] }, { "date": "2024-08-23", "close": 13.652663, "volume": 110100, "typical_volume": 89090.0, "trend": 12.94154, "fair_value": 10.155403, "relative_strength": 5.767169, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 33.102719, "energy": 21.122878, "activity_lines": [ 13.227799, 13.360486, 13.33779, 13.171616 ] }, { "date": "2024-08-30", "close": 13.557587, "volume": 85900, "typical_volume": 91175.0, "trend": 12.98811, "fair_value": 10.190477, "relative_strength": 4.40946, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 37.159576, "energy": 18.889142, "activity_lines": [ 13.387647, 13.362447, 13.378282, 13.211361 ] }, { "date": "2024-09-06", "close": 12.57291, "volume": 112400, "typical_volume": 91210.0, "trend": 12.991623, "fair_value": 10.214788, "relative_strength": -0.979699, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": -0.646086, "energy": 5.586777, "activity_lines": [ 13.186212, 13.192626, 13.320495, 13.184574 ] }, { "date": "2024-09-13", "close": 13.484346, "volume": 182900, "typical_volume": 97635.0, "trend": 13.036776, "fair_value": 10.247814, "relative_strength": 2.278059, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 35.154153, "energy": 17.125631, "activity_lines": [ 13.281544, 13.214258, 13.345393, 13.216363 ] }, { "date": "2024-09-20", "close": 13.728477, "volume": 98000, "typical_volume": 99050.0, "trend": 13.082901, "fair_value": 10.28262, "relative_strength": 2.460067, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 45.04192, "energy": 20.295206, "activity_lines": [ 13.404422, 13.29714, 13.388055, 13.260988 ] }, { "date": "2024-09-27", "close": 13.971405, "volume": 61300, "typical_volume": 98940.0, "trend": 13.123464, "fair_value": 10.319143, "relative_strength": 3.507274, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 50.224128, "energy": 31.032693, "activity_lines": [ 13.595159, 13.434872, 13.447277, 13.318311 ] }, { "date": "2024-10-04", "close": 14.086331, "volume": 96800, "typical_volume": 101105.0, "trend": 13.171727, "fair_value": 10.356076, "relative_strength": 3.171449, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 63.230058, "energy": 54.884746, "activity_lines": [ 13.802954, 13.583207, 13.511024, 13.380432 ] }, { "date": "2024-10-11", "close": 14.410581, "volume": 78400, "typical_volume": 102040.0, "trend": 13.237248, "fair_value": 10.39544, "relative_strength": 3.876963, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 68.431944, "energy": 66.028317, "activity_lines": [ 14.083583, 13.771866, 13.60063, 13.460358 ] }, { "date": "2024-10-18", "close": 14.332593, "volume": 80200, "typical_volume": 99630.0, "trend": 13.283659, "fair_value": 10.433298, "relative_strength": 1.537861, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.943383, "energy": 69.524331, "activity_lines": [ 14.215705, 13.911012, 13.676731, 13.531025 ] }, { "date": "2024-10-25", "close": 14.242299, "volume": 72700, "typical_volume": 100960.0, "trend": 13.328616, "fair_value": 10.469574, "relative_strength": 2.020167, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 61.56194, "energy": 66.454619, "activity_lines": [ 14.261178, 14.003637, 13.735663, 13.592873 ] }, { "date": "2024-11-01", "close": 13.968693, "volume": 90600, "typical_volume": 102205.0, "trend": 13.366793, "fair_value": 10.502584, "relative_strength": 0.639047, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 58.420426, "energy": 55.376274, "activity_lines": [ 14.181196, 14.033596, 13.762984, 13.634168 ] }, { "date": "2024-11-08", "close": 14.995438, "volume": 141200, "typical_volume": 105535.0, "trend": 13.446215, "fair_value": 10.544574, "relative_strength": 5.528671, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 77.905735, "energy": 61.777724, "activity_lines": [ 14.443642, 14.24449, 13.887201, 13.739242 ] }, { "date": "2024-11-15", "close": 14.333025, "volume": 134900, "typical_volume": 109875.0, "trend": 13.533716, "fair_value": 10.579652, "relative_strength": 0.130016, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 57.009903, "energy": 41.658971, "activity_lines": [ 14.424676, 14.308802, 13.943383, 13.796456 ] }, { "date": "2024-11-22", "close": 14.606268, "volume": 88200, "typical_volume": 111490.0, "trend": 13.609526, "fair_value": 10.616593, "relative_strength": -0.32304, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 61.431589, "energy": 43.865349, "activity_lines": [ 14.501963, 14.390793, 14.023947, 13.865653 ] }, { "date": "2024-11-29", "close": 14.682076, "volume": 90000, "typical_volume": 110400.0, "trend": 13.687338, "fair_value": 10.653552, "relative_strength": -0.782795, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 62.421469, "energy": 53.273818, "activity_lines": [ 14.586273, 14.466169, 14.110805, 13.934849 ] }, { "date": "2024-12-06", "close": 14.991083, "volume": 107600, "typical_volume": 105145.0, "trend": 13.766275, "fair_value": 10.692629, "relative_strength": 0.933, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 70.184012, "energy": 56.554644, "activity_lines": [ 14.744267, 14.580389, 14.225349, 14.018962 ] }, { "date": "2024-12-13", "close": 14.8157, "volume": 69200, "typical_volume": 101405.0, "trend": 13.825733, "fair_value": 10.729442, "relative_strength": 1.227234, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.071969, "energy": 60.658939, "activity_lines": [ 14.775641, 14.644182, 14.315638, 14.086667 ] }, { "date": "2024-12-20", "close": 14.406475, "volume": 164500, "typical_volume": 101900.0, "trend": 13.868142, "fair_value": 10.761982, "relative_strength": 0.949207, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 57.352336, "energy": 40.795998, "activity_lines": [ 14.68259, 14.620309, 14.358601, 14.124134 ] }, { "date": "2024-12-27", "close": 14.573507, "volume": 30200, "typical_volume": 99275.0, "trend": 13.936161, "fair_value": 10.795417, "relative_strength": 1.114218, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 55.117633, "energy": 36.163938, "activity_lines": [ 14.640318, 14.62688, 14.408237, 14.169641 ] }, { "date": "2025-01-03", "close": 14.440821, "volume": 88600, "typical_volume": 99185.0, "trend": 13.98165, "fair_value": 10.827116, "relative_strength": -1.132224, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 39.954212, "energy": 23.317886, "activity_lines": [ 14.556003, 14.604947, 14.436205, 14.2022 ] }, { "date": "2025-01-10", "close": 14.095187, "volume": 86000, "typical_volume": 97980.0, "trend": 13.992093, "fair_value": 10.855289, "relative_strength": -2.416748, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 25.619, "energy": 17.393878, "activity_lines": [ 14.372559, 14.516561, 14.426926, 14.209525 ] }, { "date": "2025-01-17", "close": 14.634716, "volume": 103600, "typical_volume": 98865.0, "trend": 14.014706, "fair_value": 10.887592, "relative_strength": 0.041527, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 35.335429, "energy": 17.665799, "activity_lines": [ 14.428685, 14.523971, 14.466924, 14.250985 ] }, { "date": "2025-01-24", "close": 14.96349, "volume": 72600, "typical_volume": 96875.0, "trend": 14.047208, "fair_value": 10.922133, "relative_strength": 0.609474, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 56.301393, "energy": 26.275328, "activity_lines": [ 14.606468, 14.597718, 14.533104, 14.312197 ] }, { "date": "2025-01-31", "close": 14.507635, "volume": 115600, "typical_volume": 93510.0, "trend": 14.050402, "fair_value": 10.952263, "relative_strength": -2.674952, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 42.761237, "energy": 21.543962, "activity_lines": [ 14.595165, 14.577118, 14.544486, 14.341902 ] }, { "date": "2025-02-07", "close": 14.46509, "volume": 65100, "typical_volume": 91865.0, "trend": 14.055373, "fair_value": 10.981537, "relative_strength": -2.536437, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 43.415398, "energy": 24.461973, "activity_lines": [ 14.574072, 14.550577, 14.546943, 14.368656 ] }, { "date": "2025-02-14", "close": 14.728864, "volume": 58300, "typical_volume": 91715.0, "trend": 14.099493, "fair_value": 11.012507, "relative_strength": -0.940018, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 49.192262, "energy": 27.423477, "activity_lines": [ 14.639285, 14.575939, 14.571014, 14.412107 ] }, { "date": "2025-02-21", "close": 14.269387, "volume": 166500, "typical_volume": 95200.0, "trend": 14.139749, "fair_value": 11.039202, "relative_strength": -2.718155, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 15.13066, "energy": 7.741954, "activity_lines": [ 14.509095, 14.522528, 14.547718, 14.423068 ] }, { "date": "2025-02-28", "close": 13.777678, "volume": 95100, "typical_volume": 96035.0, "trend": 14.183431, "fair_value": 11.061466, "relative_strength": -6.830983, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": -4.618692, "energy": 11.475324, "activity_lines": [ 14.239356, 14.389648, 14.476721, 14.399708 ] }, { "date": "2025-03-07", "close": 13.322145, "volume": 159300, "typical_volume": 99990.0, "trend": 14.204939, "fair_value": 11.079698, "relative_strength": -7.46958, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -34.831015, "energy": 44.80589, "activity_lines": [ 13.896828, 14.185377, 14.365354, 14.344141 ] }, { "date": "2025-03-14", "close": 12.978351, "volume": 138300, "typical_volume": 103270.0, "trend": 14.186494, "fair_value": 11.094887, "relative_strength": -8.979922, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -49.37921, "energy": 63.821743, "activity_lines": [ 13.518734, 13.941349, 14.226056, 14.265007 ] }, { "date": "2025-03-21", "close": 12.926779, "volume": 77300, "typical_volume": 102605.0, "trend": 14.162298, "fair_value": 11.109426, "relative_strength": -10.639002, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -47.566306, "energy": 71.277731, "activity_lines": [ 13.222565, 13.714536, 14.087865, 14.183735 ] }, { "date": "2025-03-28", "close": 12.419678, "volume": 62600, "typical_volume": 98675.0, "trend": 14.124368, "fair_value": 11.119743, "relative_strength": -13.18811, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -82.34464, "energy": 86.333113, "activity_lines": [ 12.877502, 13.416766, 13.90634, 14.071308 ] }, { "date": "2025-04-04", "close": 10.724899, "volume": 276500, "typical_volume": 105755.0, "trend": 14.062767, "fair_value": 11.116658, "relative_strength": -19.67019, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -95.116914, "energy": 95.93553, "activity_lines": [ 12.090826, 12.851127, 13.575674, 13.851987 ] }, { "date": "2025-04-11", "close": 11.637473, "volume": 335900, "typical_volume": 118140.0, "trend": 14.001205, "fair_value": 11.120695, "relative_strength": -14.055018, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -73.003014, "energy": 86.185384, "activity_lines": [ 11.81186, 12.528477, 13.349101, 13.695516 ] }, { "date": "2025-04-18", "close": 11.194221, "volume": 88400, "typical_volume": 118060.0, "trend": 13.91673, "fair_value": 11.121261, "relative_strength": -19.19514, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -76.633147, "energy": 87.998802, "activity_lines": [ 11.497455, 12.17742, 13.09445, 13.514421 ] }, { "date": "2025-04-25", "close": 12.124177, "volume": 106300, "typical_volume": 117995.0, "trend": 13.855155, "fair_value": 11.128917, "relative_strength": -14.111975, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.325605, "energy": 65.394469, "activity_lines": [ 11.611978, 12.054916, 12.944976, 13.398772 ] }, { "date": "2025-05-02", "close": 12.641863, "volume": 84900, "typical_volume": 118780.0, "trend": 13.807006, "fair_value": 11.140378, "relative_strength": -11.42146, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.906448, "energy": 48.4962, "activity_lines": [ 11.952569, 12.073895, 12.858457, 13.320495 ] }, { "date": "2025-05-09", "close": 12.668236, "volume": 75300, "typical_volume": 114320.0, "trend": 13.748928, "fair_value": 11.151866, "relative_strength": -12.182296, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -45.731449, "energy": 33.728731, "activity_lines": [ 12.287139, 12.12726, 12.784801, 13.247026 ] }, { "date": "2025-05-16", "close": 13.608902, "volume": 95200, "typical_volume": 117570.0, "trend": 13.724805, "fair_value": 11.170202, "relative_strength": -7.71745, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -23.366727, "energy": 22.847964, "activity_lines": [ 12.805708, 12.371828, 12.80901, 13.237992 ] }, { "date": "2025-05-23", "close": 13.195715, "volume": 94200, "typical_volume": 117850.0, "trend": 13.689919, "fair_value": 11.185206, "relative_strength": -9.962022, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -25.267212, "energy": 26.112781, "activity_lines": [ 13.05512, 12.536056, 12.798461, 13.203857 ] }, { "date": "2025-05-30", "close": 13.406892, "volume": 89400, "typical_volume": 118020.0, "trend": 13.671192, "fair_value": 11.201542, "relative_strength": -9.396769, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -14.363443, "energy": 22.281156, "activity_lines": [ 13.241491, 12.734728, 12.813953, 13.185598 ] }, { "date": "2025-06-06", "close": 14.037698, "volume": 32200, "typical_volume": 114450.0, "trend": 13.639268, "fair_value": 11.222244, "relative_strength": -5.843631, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 9.545622, "energy": 24.790117, "activity_lines": [ 13.552616, 13.039363, 12.892799, 13.209243 ] }, { "date": "2025-06-13", "close": 14.002161, "volume": 93600, "typical_volume": 115500.0, "trend": 13.628239, "fair_value": 11.242388, "relative_strength": -6.000807, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 26.390564, "energy": 31.588257, "activity_lines": [ 13.75884, 13.308119, 12.971104, 13.232656 ] }, { "date": "2025-06-20", "close": 13.873333, "volume": 42300, "typical_volume": 111835.0, "trend": 13.603808, "fair_value": 11.261316, "relative_strength": -6.445094, "stage": 4, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 23.569983, "energy": 38.452837, "activity_lines": [ 13.833193, 13.493864, 13.041718, 13.248468 ] }, { "date": "2025-06-27", "close": 14.624084, "volume": 92200, "typical_volume": 113190.0, "trend": 13.601875, "fair_value": 11.285336, "relative_strength": -1.792722, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 37.563794, "energy": 55.352611, "activity_lines": [ 14.140168, 13.775457, 13.186852, 13.314292 ] }, { "date": "2025-07-04", "close": 14.902211, "volume": 86400, "typical_volume": 114595.0, "trend": 13.598912, "fair_value": 11.310987, "relative_strength": -0.901692, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 42.448851, "energy": 63.581855, "activity_lines": [ 14.444627, 14.045258, 13.357717, 13.398185 ] }, { "date": "2025-07-11", "close": 14.81249, "volume": 59200, "typical_volume": 109230.0, "trend": 13.598805, "fair_value": 11.335646, "relative_strength": -1.112911, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 47.319767, "energy": 71.880935, "activity_lines": [ 14.619492, 14.248237, 13.519212, 13.47648 ] }, { "date": "2025-07-18", "close": 14.965015, "volume": 72300, "typical_volume": 108090.0, "trend": 13.617423, "fair_value": 11.361026, "relative_strength": -1.010611, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 47.865638, "energy": 76.248811, "activity_lines": [ 14.793545, 14.439481, 13.692647, 13.564623 ] }, { "date": "2025-07-25", "close": 15.054732, "volume": 108000, "typical_volume": 105525.0, "trend": 13.633464, "fair_value": 11.386677, "relative_strength": -0.984706, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 74.127012, "energy": 88.480326, "activity_lines": [ 14.933313, 14.605277, 13.868972, 13.657352 ] }, { "date": "2025-08-01", "close": 14.600249, "volume": 87100, "typical_volume": 102965.0, "trend": 13.638778, "fair_value": 11.408839, "relative_strength": -2.219461, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.939973, "energy": 79.82715, "activity_lines": [ 14.842827, 14.662153, 13.993763, 13.719726 ] }, { "date": "2025-08-08", "close": 15.08028, "volume": 64400, "typical_volume": 102320.0, "trend": 13.671615, "fair_value": 11.433986, "relative_strength": -1.605455, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 72.417273, "energy": 71.678488, "activity_lines": [ 14.913941, 14.78077, 14.156547, 13.812726 ] }, { "date": "2025-08-15", "close": 15.08028, "volume": 78000, "typical_volume": 103090.0, "trend": 13.686467, "fair_value": 11.458791, "relative_strength": -1.964169, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 70.139987, "energy": 66.635754, "activity_lines": [ 14.973183, 14.868962, 14.309077, 13.903607 ] }, { "date": "2025-08-22", "close": 14.971594, "volume": 65300, "typical_volume": 92530.0, "trend": 13.686737, "fair_value": 11.482526, "relative_strength": -3.945628, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 62.371193, "energy": 55.15195, "activity_lines": [ 14.978344, 14.918436, 14.438587, 13.986519 ] }, { "date": "2025-08-29", "close": 15.041968, "volume": 106700, "typical_volume": 81070.0, "trend": 13.704548, "fair_value": 11.506415, "relative_strength": -4.094464, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.554129, "energy": 56.539217, "activity_lines": [ 15.006524, 14.96308, 14.554576, 14.073953 ] }, { "date": "2025-09-05", "close": 15.288857, "volume": 60500, "typical_volume": 79675.0, "trend": 13.732007, "fair_value": 11.531631, "relative_strength": -4.065398, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 71.172179, "energy": 59.419748, "activity_lines": [ 15.117852, 15.031365, 14.677867, 14.176167 ] }, { "date": "2025-09-12", "close": 15.444306, "volume": 150200, "typical_volume": 81870.0, "trend": 13.755855, "fair_value": 11.557543, "relative_strength": -3.710749, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 74.245066, "energy": 60.78419, "activity_lines": [ 15.235089, 15.115827, 14.796464, 14.286637 ] }, { "date": "2025-09-19", "close": 16.03867, "volume": 82500, "typical_volume": 81750.0, "trend": 13.814831, "fair_value": 11.587024, "relative_strength": -1.507005, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 86.377621, "energy": 79.581162, "activity_lines": [ 15.526178, 15.298498, 14.955857, 14.433916 ] }, { "date": "2025-09-26", "close": 15.8375, "volume": 100700, "typical_volume": 83020.0, "trend": 13.883492, "fair_value": 11.614805, "relative_strength": -2.544314, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 74.398686, "energy": 83.860577, "activity_lines": [ 15.686319, 15.422299, 15.079915, 14.564411 ] }, { "date": "2025-10-03", "close": 15.999012, "volume": 61800, "typical_volume": 81350.0, "trend": 13.972721, "fair_value": 11.643274, "relative_strength": -3.649067, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 76.456307, "energy": 85.355361, "activity_lines": [ 15.842569, 15.559602, 15.204265, 14.700896 ] }, { "date": "2025-10-10", "close": 15.675989, "volume": 88600, "typical_volume": 81070.0, "trend": 14.062642, "fair_value": 11.669291, "relative_strength": -3.413841, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.194945, "energy": 66.696201, "activity_lines": [ 15.827343, 15.621006, 15.286468, 14.810784 ] }, { "date": "2025-10-17", "close": 16.022089, "volume": 89500, "typical_volume": 81075.0, "trend": 14.165819, "fair_value": 11.697194, "relative_strength": -1.96906, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 70.713559, "energy": 60.975916, "activity_lines": [ 15.901674, 15.725777, 15.389823, 14.9372 ] }, { "date": "2025-10-24", "close": 16.55739, "volume": 42500, "typical_volume": 81590.0, "trend": 14.303743, "fair_value": 11.759829, "relative_strength": 0.62058, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 83.139692, "energy": 66.278882, "activity_lines": [ 16.11592, 15.910752, 15.531705, 15.091495 ] }, { "date": "2025-10-31", "close": 16.528954, "volume": 75600, "typical_volume": 80690.0, "trend": 14.497211, "fair_value": 11.825326, "relative_strength": 0.8607, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 77.167889, "energy": 66.217014, "activity_lines": [ 16.286106, 16.063701, 15.65888, 15.235057 ] }, { "date": "2025-11-07", "close": 15.681556, "volume": 51300, "typical_volume": 81140.0, "trend": 14.632014, "fair_value": 11.88029, "relative_strength": -2.91471, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.210861, "energy": 52.810336, "activity_lines": [ 16.127729, 16.034261, 15.693319, 15.311466 ] }, { "date": "2025-11-14", "close": 15.821233, "volume": 53300, "typical_volume": 79195.0, "trend": 14.786248, "fair_value": 11.936749, "relative_strength": -3.201449, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 57.763675, "energy": 44.356272, "activity_lines": [ 16.037075, 16.018589, 15.73245, 15.38819 ] }, { "date": "2025-11-21", "close": 14.964523, "volume": 83600, "typical_volume": 79055.0, "trend": 14.880926, "fair_value": 11.986603, "relative_strength": -7.683151, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 19.516139, "energy": 13.890969, "activity_lines": [ 15.651168, 15.837471, 15.684288, 15.399692 ] }, { "date": "2025-11-28", "close": 15.694715, "volume": 110300, "typical_volume": 81610.0, "trend": 14.982688, "fair_value": 12.040493, "relative_strength": -6.70748, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 27.521841, "energy": 22.118015, "activity_lines": [ 15.579162, 15.797839, 15.705372, 15.452194 ] }, { "date": "2025-12-05", "close": 16.35297, "volume": 82700, "typical_volume": 82130.0, "trend": 15.105512, "fair_value": 12.100031, "relative_strength": -2.358551, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 47.21997, "energy": 22.997617, "activity_lines": [ 15.784087, 15.884143, 15.784946, 15.540599 ] }, { "date": "2025-12-12", "close": 16.014439, "volume": 80100, "typical_volume": 80735.0, "trend": 15.185697, "fair_value": 12.159088, "relative_strength": -4.767088, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 37.11851, "energy": 17.224413, "activity_lines": [ 15.8879, 15.899524, 15.825669, 15.59924 ] }, { "date": "2025-12-19", "close": 16.033245, "volume": 43000, "typical_volume": 78530.0, "trend": 15.280281, "fair_value": 12.219305, "relative_strength": -5.06462, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 49.642713, "energy": 30.287719, "activity_lines": [ 15.97579, 15.918044, 15.863614, 15.65392 ] }, { "date": "2025-12-26", "close": 16.268335, "volume": 20000, "typical_volume": 76310.0, "trend": 15.375663, "fair_value": 12.281342, "relative_strength": -4.132085, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 56.999843, "energy": 41.826626, "activity_lines": [ 16.127908, 15.972812, 15.917124, 15.717666 ] }, { "date": "2026-01-02", "close": 16.111296, "volume": 89800, "typical_volume": 76900.0, "trend": 15.444783, "fair_value": 12.340665, "relative_strength": -4.466226, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 51.28427, "energy": 34.759799, "activity_lines": [ 16.14076, 15.99455, 15.95002, 15.765126 ] }, { "date": "2026-01-09", "close": 16.381792, "volume": 89100, "typical_volume": 78090.0, "trend": 15.524104, "fair_value": 12.399708, "relative_strength": -4.803962, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 59.866829, "energy": 43.827339, "activity_lines": [ 16.216005, 16.07358, 16.003769, 15.825578 ] }, { "date": "2026-01-16", "close": 16.20146, "volume": 108100, "typical_volume": 78160.0, "trend": 15.601708, "fair_value": 12.457464, "relative_strength": -6.753014, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 51.839877, "energy": 36.720391, "activity_lines": [ 16.229218, 16.122498, 16.033628, 15.869279 ] }, { "date": "2026-01-23", "close": 16.343828, "volume": 73300, "typical_volume": 78800.0, "trend": 15.659033, "fair_value": 12.513856, "relative_strength": -5.904971, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 53.808151, "energy": 31.736442, "activity_lines": [ 16.277419, 16.187849, 16.071524, 15.917157 ] }, { "date": "2026-01-30", "close": 16.213612, "volume": 85000, "typical_volume": 75540.0, "trend": 15.702746, "fair_value": 12.567486, "relative_strength": -2.868014, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 49.12986, "energy": 28.668456, "activity_lines": [ 16.261509, 16.220022, 16.091995, 15.952937 ] }, { "date": "2026-02-06", "close": 15.43697, "volume": 227700, "typical_volume": 82800.0, "trend": 15.723562, "fair_value": 12.617242, "relative_strength": -8.767545, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 13.738918, "energy": 7.49087, "activity_lines": [ 15.990366, 16.088276, 16.034837, 15.93579 ] }, { "date": "2026-02-13", "close": 15.446558, "volume": 78300, "typical_volume": 81680.0, "trend": 15.739613, "fair_value": 12.667193, "relative_strength": -10.005952, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 1.729452, "energy": 10.088266, "activity_lines": [ 15.767375, 15.962961, 15.981457, 15.917919 ] }, { "date": "2026-02-20", "close": 15.226028, "volume": 60200, "typical_volume": 81600.0, "trend": 15.745323, "fair_value": 12.717453, "relative_strength": -12.863487, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -26.9289, "energy": 31.199955, "activity_lines": [ 15.533222, 15.814029, 15.908936, 15.884784 ] }, { "date": "2026-02-27", "close": 15.12381, "volume": 157800, "typical_volume": 85060.0, "trend": 15.762775, "fair_value": 12.765023, "relative_strength": -14.440098, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -38.68588, "energy": 53.278266, "activity_lines": [ 15.330026, 15.660847, 15.830361, 15.844686 ] }, { "date": "2026-03-06", "close": 15.12381, "volume": 116800, "typical_volume": 86425.0, "trend": 15.764226, "fair_value": 12.814736, "relative_strength": -10.921734, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -37.343619, "energy": 57.861122, "activity_lines": [ 15.208164, 15.524199, 15.754416, 15.803463 ] }, { "date": "2026-03-13", "close": 15.036555, "volume": 152300, "typical_volume": 91915.0, "trend": 15.762769, "fair_value": 12.860764, "relative_strength": -9.736164, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -66.110288, "energy": 67.118148, "activity_lines": [ 15.129871, 15.392497, 15.674437, 15.756516 ] }, { "date": "2026-03-20", "close": 14.900829, "volume": 110600, "typical_volume": 93665.0, "trend": 15.76041, "fair_value": 12.904136, "relative_strength": -6.906878, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.824212, "energy": 64.873598, "activity_lines": [ 15.03303, 15.255659, 15.588775, 15.700907 ] }, { "date": "2026-03-27", "close": 13.960438, "volume": 109700, "typical_volume": 96585.0, "trend": 15.724359, "fair_value": 12.939971, "relative_strength": -14.328549, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -84.186332, "energy": 73.534352, "activity_lines": [ 14.659107, 14.974766, 15.421304, 15.58478 ] }, { "date": "2026-04-03", "close": 14.674368, "volume": 61800, "typical_volume": 97010.0, "trend": 15.703876, "fair_value": 12.980968, "relative_strength": -13.005544, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.011223, "energy": 57.009497, "activity_lines": [ 14.607533, 14.864425, 15.330023, 15.517039 ] }, { "date": "2026-04-10", "close": 15.20932, "volume": 97300, "typical_volume": 97695.0, "trend": 15.696043, "fair_value": 13.025394, "relative_strength": -11.265862, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -57.531134, "energy": 40.787274, "activity_lines": [ 14.76424, 14.881702, 15.295151, 15.485132 ] }, { "date": "2026-04-17", "close": 16.725836, "volume": 132000, "typical_volume": 98780.0, "trend": 15.718949, "fair_value": 13.079946, "relative_strength": -4.354107, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -9.487749, "energy": 6.945427, "activity_lines": [ 15.420751, 15.192969, 15.403543, 15.55157 ] }, { "date": "2026-04-24", "close": 17.403112, "volume": 120500, "typical_volume": 100670.0, "trend": 15.771136, "fair_value": 13.1383, "relative_strength": 0.730657, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "mixed", "direction": 37.410149, "energy": 35.926195, "activity_lines": [ 16.190403, 15.603943, 15.571527, 15.660226 ] }, { "date": "2026-05-01", "close": 17.528412, "volume": 79700, "typical_volume": 100650.0, "trend": 15.822116, "fair_value": 13.198229, "relative_strength": 1.44798, "stage": 3, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 40.242453, "energy": 47.966254, "activity_lines": [ 16.835002, 16.002125, 15.746445, 15.773599 ] }, { "date": "2026-05-08", "close": 18.44268, "volume": 77300, "typical_volume": 102365.0, "trend": 15.914339, "fair_value": 13.26352, "relative_strength": 5.988582, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 86.680901, "energy": 90.641959, "activity_lines": [ 17.546492, 16.524676, 16.001225, 15.942667 ] }, { "date": "2026-05-15", "close": 18.944054, "volume": 102100, "typical_volume": 106470.0, "trend": 16.011738, "fair_value": 13.328568, "relative_strength": 9.50817, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 85.975775, "energy": 94.316859, "activity_lines": [ 18.173886, 17.078043, 16.292283, 16.138133 ] }, { "date": "2026-05-22", "close": 19.179995, "volume": 98400, "typical_volume": 106900.0, "trend": 16.099158, "fair_value": 13.391854, "relative_strength": 8.629946, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 82.444714, "energy": 92.89883, "activity_lines": [ 18.630944, 17.604849, 16.593069, 16.342536 ] }, { "date": "2026-05-29", "close": 20.634325, "volume": 52700, "typical_volume": 105080.0, "trend": 16.236003, "fair_value": 13.464175, "relative_strength": 15.513747, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 92.036501, "energy": 96.416256, "activity_lines": [ 19.409169, 18.320744, 17.01775, 16.635128 ] }, { "date": "2026-06-05", "close": 19.444456, "volume": 41900, "typical_volume": 101770.0, "trend": 16.361433, "fair_value": 13.528961, "relative_strength": 9.838209, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.933111, "energy": 85.85268, "activity_lines": [ 19.575357, 18.716053, 17.30886, 16.842125 ] }, { "date": "2026-06-12", "close": 20.06418, "volume": 11300, "typical_volume": 98670.0, "trend": 16.502865, "fair_value": 13.595107, "relative_strength": 11.446174, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 73.422087, "energy": 81.801795, "activity_lines": [ 19.820383, 19.12433, 17.643549, 17.081012 ] }, { "date": "2026-06-19", "close": 20.951622, "volume": 5500, "typical_volume": 94695.0, "trend": 16.702435, "fair_value": 13.669141, "relative_strength": 15.94525, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 82.410441, "energy": 83.19431, "activity_lines": [ 20.253123, 19.595964, 18.04504, 17.368028 ] }, { "date": "2026-06-26", "close": 19.662926, "volume": 16200, "typical_volume": 84120.0, "trend": 16.834709, "fair_value": 13.733181, "relative_strength": 8.721509, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.302424, "energy": 64.051384, "activity_lines": [ 20.12246, 19.728884, 18.301236, 17.559028 ] }, { "date": "2026-07-03", "close": 20.018625, "volume": 10600, "typical_volume": 80735.0, "trend": 16.956897, "fair_value": 13.800517, "relative_strength": 9.77922, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 63.615734, "energy": 62.836261, "activity_lines": [ 20.078167, 19.873074, 18.571184, 17.764442 ] }, { "date": "2026-07-10", "close": 20.524044, "volume": 88100, "typical_volume": 82130.0, "trend": 17.107217, "fair_value": 13.868229, "relative_strength": 12.227496, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 69.574935, "energy": 63.303884, "activity_lines": [ 20.243395, 20.061605, 18.867496, 17.99458 ] }, { "date": "2026-07-17", "close": 19.196079, "volume": 73200, "typical_volume": 77900.0, "trend": 17.212645, "fair_value": 13.927567, "relative_strength": 5.103076, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 49.603806, "energy": 44.325554, "activity_lines": [ 19.893995, 19.954221, 19.012107, 18.129345 ] }, { "date": "2026-07-24", "close": 18.997873, "volume": 31400, "typical_volume": 73630.0, "trend": 17.30363, "fair_value": 13.984445, "relative_strength": 3.748614, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 44.732308, "energy": 35.651873, "activity_lines": [ 19.536399, 19.797101, 19.118448, 18.244521 ] }, { "date": "2026-07-31", "close": 19.540001, "volume": 51400, "typical_volume": 68585.0, "trend": 17.41792, "fair_value": 14.047778, "relative_strength": 7.085273, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 40.378972, "energy": 28.767267, "activity_lines": [ 19.489763, 19.737572, 19.257974, 18.388803 ] }, { "date": "2026-08-07", "close": 20.84, "volume": 61200, "typical_volume": 66115.0, "trend": 17.566527, "fair_value": 14.120887, "relative_strength": 10.462308, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 59.569004, "energy": 35.599245, "activity_lines": [ 19.884655, 19.90786, 19.499863, 18.609583 ] } ], "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." } } }