{ "ticker": { "uuid": "c3f8cbd3-8e94-4188-be94-bc075fbe45d7", "symbol": "UKDV", "name": "State Street SPDR S&P UK Dividend Aristocrats UCITS ETF", "exchange": "EBS", "country": "CH", "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": "^SSMI", "stage": 2, "stage_name": "Advancing", "phase": "2b", "phase_label": "Stage 2B \u00b7 Advancing", "transition": "stage_2_healthy", "transition_label": "Stage 2 trend intact", "confidence": 96.0, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Established expansion", "architecture_gate": "up", "architecture_direction": 89.201, "architecture_energy": 96.153, "architecture_maturity": 40.498, "architecture_confidence": 73.536, "architecture_tenure": "Established", "architecture": { "interpretation": { "headline": "The weekly architecture is expanding upward.", "body": "Trend and Activity show sustained positive alignment with constructive price acceptance. Directional energy remains positive; cooling within this regime can indicate that it is maturing." }, "scores": { "balance": 0.0, "rotation_up": 89.31, "upward_expansion": 100.0, "deceleration": 39.0, "rotation_down": 8.05, "downward_expansion": 22.0 }, "activity_lines": [ 14.959867, 14.5904, 14.053857, 13.740157 ], "activity_state": "Wide", "activity_direction": "Expanding", "rotation_direction": "Improving", "price_acceptance": 1.0 }, "latest_close": 15.196, "trend_reference": 13.43329, "distance_from_trend": 0.13122, "trend_direction": "Improving", "fair_value": 11.682341, "distance_from_fair_value": 0.300767, "fair_value_direction": "Improving", "relative_strength": 5.471447, "relative_strength_direction": "Improving", "price_momentum": 0.177075, "excess_performance": 0.094192, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.13122, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.044911, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.300767, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.142948, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.054714, "read": "Leading" }, { "label": "Relative strength direction", "positive": true, "value": 0.043913, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.177075, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 2.762911, "read": "Demand-led" } ], "volume": { "latest": 0, "relative_activity": 0.0, "balance": 2.762911, "dry_up": 0.807508, "accumulation_observations": 1, "distribution_observations": 1 }, "risk": { "range_context": 0.017039, "annualized_volatility": 0.147461, "from_high_reference": 0.0, "from_low_reference": 0.259312 }, "levels": { "trend_reference": 13.43329, "fair_value_reference": 11.682341, "structural_low": 12.27031, "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 29, "median_return": 0.011783, "positive_rate": 0.586207, "directional_follow_through": 0.586207, "median_excess_return": 0.002891, "regime_survival": 0.689655, "best_return": 0.081892, "worst_return": -0.059359, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 11, "median_return": 0.008649, "positive_rate": 0.636364, "directional_follow_through": 0.636364, "median_excess_return": 0.004223, "regime_survival": 0.545455, "best_return": 0.153411, "worst_return": -0.03807, "sufficient": true }, { "horizon": "Extended", "sample_count": 7, "median_return": 0.055309, "positive_rate": 0.714286, "directional_follow_through": 0.714286, "median_excess_return": 0.029902, "regime_survival": 0.714286, "best_return": 0.165563, "worst_return": -0.05006, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 4, "median_return": 0.04159, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": -0.010811, "regime_survival": 0.75, "best_return": 0.192408, "worst_return": -0.120008, "sufficient": false } ], "ledger": [ { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-08-16", "end": "2024-08-30", "tenure": "New", "return": 0.003762, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-09-06", "end": "2024-11-01", "tenure": "Developing", "return": 0.010318, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-11-08", "end": "2024-12-06", "tenure": "Developing", "return": 0.034315, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-12-13", "end": "2025-01-03", "tenure": "New", "return": -0.025509, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-01-10", "end": "2025-01-24", "tenure": "New", "return": 0.044291, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-01-31", "end": "2025-03-21", "tenure": "Developing", "return": -0.021729, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-03-28", "end": "2025-04-04", "tenure": "New", "return": -0.037922, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-04-11", "end": "2025-05-16", "tenure": "Developing", "return": 0.142308, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-05-23", "end": "2025-06-06", "tenure": "New", "return": 0.010711, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-06-13", "end": "2025-09-19", "tenure": "Established", "return": -0.002982, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-09-26", "end": "2025-12-12", "tenure": "Developing", "return": 0.027216, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-12-19", "end": "2026-03-13", "tenure": "Established", "return": -0.007953, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2026-03-20", "end": "2026-04-24", "tenure": "Developing", "return": 0.070878, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-05-01", "end": "2026-08-07", "tenure": "Established", "return": 0.162129, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 9.597599, "volume": 11, "typical_volume": 1026.2, "trend": 10.10651, "fair_value": 10.670671, "relative_strength": -2.029265, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -78.772329, "energy": 61.444906, "activity_lines": [ 9.832895, 9.900738, 10.007692, 10.042112 ] }, { "date": "2023-08-25", "close": 9.595801, "volume": 0, "typical_volume": 1026.2, "trend": 10.079965, "fair_value": 10.669669, "relative_strength": -2.930545, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -77.615758, "energy": 82.715296, "activity_lines": [ 9.724177, 9.833657, 9.962212, 10.009163 ] }, { "date": "2023-09-01", "close": 9.807962, "volume": 1328, "typical_volume": 1042.6, "trend": 10.05553, "fair_value": 10.671385, "relative_strength": -1.7431, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.861725, "energy": 76.784582, "activity_lines": [ 9.72106, 9.817802, 9.939018, 9.991615 ] }, { "date": "2023-09-08", "close": 9.691094, "volume": 0, "typical_volume": 963.85, "trend": 10.035942, "fair_value": 10.672958, "relative_strength": -1.690497, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.793481, "energy": 77.08941, "activity_lines": [ 9.701762, 9.784883, 9.906235, 9.968103 ] }, { "date": "2023-09-15", "close": 9.901458, "volume": 7698, "typical_volume": 1319.25, "trend": 10.021239, "fair_value": 10.675068, "relative_strength": -1.71787, "stage": 1, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -58.480823, "energy": 42.959343, "activity_lines": [ 9.76565, 9.796848, 9.895798, 9.959426 ] }, { "date": "2023-09-22", "close": 9.745455, "volume": 19192, "typical_volume": 2206.15, "trend": 10.001041, "fair_value": 10.677415, "relative_strength": -1.617348, "stage": 1, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -58.827222, "energy": 35.572088, "activity_lines": [ 9.774541, 9.778552, 9.872456, 9.941634 ] }, { "date": "2023-09-29", "close": 9.596404, "volume": 552, "typical_volume": 2219.4, "trend": 9.976761, "fair_value": 10.677454, "relative_strength": -2.688173, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -72.41144, "energy": 44.675847, "activity_lines": [ 9.723891, 9.735143, 9.837682, 9.915528 ] }, { "date": "2023-10-06", "close": 9.414228, "volume": 100, "typical_volume": 2224.4, "trend": 9.959342, "fair_value": 10.676284, "relative_strength": -3.401835, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -81.540487, "energy": 55.886188, "activity_lines": [ 9.612475, 9.668113, 9.788457, 9.879236 ] }, { "date": "2023-10-13", "close": 9.274376, "volume": 0, "typical_volume": 1740.1, "trend": 9.943818, "fair_value": 10.675088, "relative_strength": -5.333614, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -86.580724, "energy": 86.025873, "activity_lines": [ 9.480691, 9.589026, 9.729792, 9.835044 ] }, { "date": "2023-10-20", "close": 8.891624, "volume": 1123, "typical_volume": 1796.25, "trend": 9.914353, "fair_value": 10.671951, "relative_strength": -4.375185, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -94.446507, "energy": 96.861455, "activity_lines": [ 9.249105, 9.451487, 9.637575, 9.767161 ] }, { "date": "2023-10-27", "close": 8.887025, "volume": 333, "typical_volume": 1807.9, "trend": 9.875744, "fair_value": 10.67192, "relative_strength": -4.113046, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -89.046665, "energy": 95.639401, "activity_lines": [ 9.083307, 9.330655, 9.551338, 9.700882 ] }, { "date": "2023-11-03", "close": 9.342463, "volume": 144, "typical_volume": 1784.05, "trend": 9.852735, "fair_value": 10.671621, "relative_strength": -1.634108, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.737571, "energy": 86.985278, "activity_lines": [ 9.126551, 9.305549, 9.51513, 9.666476 ] }, { "date": "2023-11-10", "close": 9.349823, "volume": 0, "typical_volume": 1766.45, "trend": 9.826676, "fair_value": 10.666945, "relative_strength": -1.323262, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.497099, "energy": 72.570663, "activity_lines": [ 9.189178, 9.286388, 9.484143, 9.63403 ] }, { "date": "2023-11-17", "close": 9.566961, "volume": 0, "typical_volume": 1575.35, "trend": 9.806357, "fair_value": 10.663105, "relative_strength": -0.701001, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -48.920676, "energy": 41.301301, "activity_lines": [ 9.328477, 9.315037, 9.477113, 9.617275 ] }, { "date": "2023-11-24", "close": 9.730734, "volume": 1973, "typical_volume": 1637.3, "trend": 9.787001, "fair_value": 10.661962, "relative_strength": -0.263574, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -19.438038, "energy": 25.96126, "activity_lines": [ 9.502862, 9.375719, 9.48801, 9.612396 ] }, { "date": "2023-12-01", "close": 9.717853, "volume": 60, "typical_volume": 1640.3, "trend": 9.766737, "fair_value": 10.660368, "relative_strength": -0.397371, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -9.22878, "energy": 26.750574, "activity_lines": [ 9.617013, 9.437163, 9.497997, 9.607935 ] }, { "date": "2023-12-08", "close": 9.831944, "volume": 71, "typical_volume": 1643.85, "trend": 9.754291, "fair_value": 10.660901, "relative_strength": -0.851975, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": 12.213861, "energy": 32.13012, "activity_lines": [ 9.713805, 9.519853, 9.519501, 9.612141 ] }, { "date": "2023-12-15", "close": 10.084044, "volume": 5995, "typical_volume": 1943.6, "trend": 9.74947, "fair_value": 10.661372, "relative_strength": 0.63199, "stage": 4, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 45.338349, "energy": 48.919694, "activity_lines": [ 9.861999, 9.644097, 9.566381, 9.633416 ] }, { "date": "2023-12-22", "close": 10.058283, "volume": 0, "typical_volume": 1942.2, "trend": 9.755297, "fair_value": 10.661783, "relative_strength": 0.733593, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 40.574632, "energy": 66.363708, "activity_lines": [ 9.952658, 9.751478, 9.61112, 9.653339 ] }, { "date": "2023-12-29", "close": 9.949713, "volume": 56, "typical_volume": 1931.8, "trend": 9.745638, "fair_value": 10.659631, "relative_strength": -0.181586, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 29.926616, "energy": 64.79951, "activity_lines": [ 9.974371, 9.824867, 9.644704, 9.665882 ] }, { "date": "2024-01-05", "close": 9.859545, "volume": 0, "typical_volume": 1931.25, "trend": 9.731475, "fair_value": 10.656116, "relative_strength": -1.478228, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 28.327483, "energy": 60.555479, "activity_lines": [ 9.951431, 9.862624, 9.669257, 9.673231 ] }, { "date": "2024-01-12", "close": 10.017797, "volume": 161, "typical_volume": 1939.3, "trend": 9.722348, "fair_value": 10.654474, "relative_strength": -0.211618, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 41.955552, "energy": 53.393972, "activity_lines": [ 9.971794, 9.911471, 9.707634, 9.691703 ] }, { "date": "2024-01-19", "close": 9.933151, "volume": 0, "typical_volume": 1872.9, "trend": 9.718849, "fair_value": 10.652164, "relative_strength": -0.336934, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 33.090114, "energy": 39.212153, "activity_lines": [ 9.951552, 9.932649, 9.73594, 9.705304 ] }, { "date": "2024-01-26", "close": 10.113486, "volume": 0, "typical_volume": 1872.9, "trend": 9.720763, "fair_value": 10.651807, "relative_strength": -0.599928, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 74.589854, "energy": 54.488519, "activity_lines": [ 10.001482, 9.97601, 9.780824, 9.730764 ] }, { "date": "2024-02-02", "close": 10.026999, "volume": 0, "typical_volume": 1488.0, "trend": 9.728424, "fair_value": 10.649281, "relative_strength": -0.051917, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 63.32463, "energy": 69.900792, "activity_lines": [ 10.018902, 9.993709, 9.81546, 9.750521 ] }, { "date": "2024-02-09", "close": 10.05092, "volume": 8, "typical_volume": 528.8, "trend": 9.734964, "fair_value": 10.647255, "relative_strength": 1.562123, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.961064, "energy": 70.369908, "activity_lines": [ 10.039144, 10.01037, 9.851777, 9.771327 ] }, { "date": "2024-02-16", "close": 10.233096, "volume": 0, "typical_volume": 501.2, "trend": 9.738767, "fair_value": 10.644676, "relative_strength": 1.431367, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 85.204442, "energy": 88.518028, "activity_lines": [ 10.107352, 10.054099, 9.903989, 9.803465 ] }, { "date": "2024-02-23", "close": 10.301183, "volume": 1777, "typical_volume": 585.05, "trend": 9.74382, "fair_value": 10.643426, "relative_strength": 0.517434, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 85.861736, "energy": 91.850744, "activity_lines": [ 10.183903, 10.102914, 9.959654, 9.83975 ] }, { "date": "2024-03-01", "close": 10.236778, "volume": 510, "typical_volume": 610.55, "trend": 9.755477, "fair_value": 10.639257, "relative_strength": -0.017209, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 72.482599, "energy": 85.941721, "activity_lines": [ 10.21445, 10.13607, 10.004961, 9.871554 ] }, { "date": "2024-03-08", "close": 10.258858, "volume": 1200, "typical_volume": 614.4, "trend": 9.768889, "fair_value": 10.634642, "relative_strength": -1.029435, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 71.490081, "energy": 86.264226, "activity_lines": [ 10.244138, 10.169996, 10.047789, 9.90403 ] }, { "date": "2024-03-15", "close": 10.251497, "volume": 1008, "typical_volume": 648.15, "trend": 9.790685, "fair_value": 10.629749, "relative_strength": -1.261265, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.705684, "energy": 85.413589, "activity_lines": [ 10.255914, 10.196962, 10.083404, 9.935166 ] }, { "date": "2024-03-22", "close": 10.563655, "volume": 5331, "typical_volume": 907.5, "trend": 9.822947, "fair_value": 10.62611, "relative_strength": 1.984079, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 93.318693, "energy": 85.157047, "activity_lines": [ 10.358372, 10.273558, 10.142252, 9.985035 ] }, { "date": "2024-03-29", "close": 10.63459, "volume": 2975, "typical_volume": 1056.25, "trend": 9.850501, "fair_value": 10.62213, "relative_strength": 1.977721, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 92.082885, "energy": 95.014803, "activity_lines": [ 10.462437, 10.353127, 10.20204, 10.037399 ] }, { "date": "2024-04-05", "close": 10.47592, "volume": 2243, "typical_volume": 1168.4, "trend": 9.876662, "fair_value": 10.616975, "relative_strength": 2.466913, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.637511, "energy": 82.106104, "activity_lines": [ 10.491385, 10.391093, 10.240598, 10.077749 ] }, { "date": "2024-04-12", "close": 10.466586, "volume": 578, "typical_volume": 1098.65, "trend": 9.8955, "fair_value": 10.611357, "relative_strength": 3.361738, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.469502, "energy": 71.618236, "activity_lines": [ 10.501279, 10.420773, 10.27394, 10.115808 ] }, { "date": "2024-04-19", "close": 10.285517, "volume": 0, "typical_volume": 1095.65, "trend": 9.913502, "fair_value": 10.605299, "relative_strength": 2.271689, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.096602, "energy": 61.965435, "activity_lines": [ 10.436968, 10.409538, 10.286532, 10.140971 ] }, { "date": "2024-04-26", "close": 10.576721, "volume": 341, "typical_volume": 1109.15, "trend": 9.946179, "fair_value": 10.601128, "relative_strength": 4.653423, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 77.85123, "energy": 61.366229, "activity_lines": [ 10.467457, 10.446984, 10.324155, 10.183759 ] }, { "date": "2024-05-03", "close": 10.780191, "volume": 4, "typical_volume": 809.6, "trend": 9.991711, "fair_value": 10.597235, "relative_strength": 7.197136, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 87.253288, "energy": 68.788267, "activity_lines": [ 10.564899, 10.515177, 10.37761, 10.237566 ] }, { "date": "2024-05-10", "close": 11.091931, "volume": 0, "typical_volume": 809.6, "trend": 10.052296, "fair_value": 10.595202, "relative_strength": 5.646194, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 92.362206, "energy": 75.029451, "activity_lines": [ 10.756547, 10.63134, 10.457439, 10.308548 ] }, { "date": "2024-05-17", "close": 11.345802, "volume": 20, "typical_volume": 807.8, "trend": 10.134102, "fair_value": 10.594181, "relative_strength": 5.379402, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 94.975466, "energy": 97.722657, "activity_lines": [ 10.991751, 10.778114, 10.556524, 10.392 ] }, { "date": "2024-05-24", "close": 11.44287, "volume": 187, "typical_volume": 817.15, "trend": 10.219297, "fair_value": 10.593582, "relative_strength": 7.009947, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 92.829021, "energy": 97.400243, "activity_lines": [ 11.200697, 10.922774, 10.658206, 10.476437 ] }, { "date": "2024-05-31", "close": 11.273002, "volume": 838, "typical_volume": 851.0, "trend": 10.283648, "fair_value": 10.591989, "relative_strength": 4.713755, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.612119, "energy": 88.927552, "activity_lines": [ 11.275863, 11.014887, 10.73617, 10.544418 ] }, { "date": "2024-06-07", "close": 11.215134, "volume": 42, "typical_volume": 853.1, "trend": 10.345825, "fair_value": 10.589962, "relative_strength": 2.014897, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.211883, "energy": 88.058796, "activity_lines": [ 11.285322, 11.083582, 10.802646, 10.604514 ] }, { "date": "2024-06-14", "close": 10.910861, "volume": 570, "typical_volume": 881.6, "trend": 10.390622, "fair_value": 10.58574, "relative_strength": 0.974621, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.839227, "energy": 65.611222, "activity_lines": [ 11.164359, 11.086399, 10.834039, 10.640967 ] }, { "date": "2024-06-21", "close": 10.953795, "volume": 90, "typical_volume": 886.1, "trend": 10.431391, "fair_value": 10.580745, "relative_strength": 1.602003, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 51.141538, "energy": 54.075946, "activity_lines": [ 11.06978, 11.089114, 10.865724, 10.677301 ] }, { "date": "2024-06-28", "close": 10.955662, "volume": 0, "typical_volume": 885.7, "trend": 10.472651, "fair_value": 10.575667, "relative_strength": 1.732752, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 43.964238, "energy": 39.123772, "activity_lines": [ 11.001956, 11.08331, 10.893173, 10.711125 ] }, { "date": "2024-07-05", "close": 11.265533, "volume": 9704, "typical_volume": 1370.9, "trend": 10.520437, "fair_value": 10.571632, "relative_strength": 4.419237, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 60.608194, "energy": 43.441783, "activity_lines": [ 11.069904, 11.121662, 10.945825, 10.762279 ] }, { "date": "2024-07-12", "close": 11.577273, "volume": 3302, "typical_volume": 1447.15, "trend": 10.570212, "fair_value": 10.569764, "relative_strength": 4.083095, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 85.872087, "energy": 64.322589, "activity_lines": [ 11.242262, 11.20417, 11.023251, 10.830462 ] }, { "date": "2024-07-19", "close": 11.42047, "volume": 0, "typical_volume": 1421.65, "trend": 10.615618, "fair_value": 10.56614, "relative_strength": 4.21201, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 72.773714, "energy": 65.695818, "activity_lines": [ 11.338211, 11.243677, 11.079666, 10.885317 ] }, { "date": "2024-07-26", "close": 11.554873, "volume": 0, "typical_volume": 1361.65, "trend": 10.669123, "fair_value": 10.563684, "relative_strength": 4.746864, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 78.468955, "energy": 83.150292, "activity_lines": [ 11.444986, 11.301646, 11.143245, 10.945914 ] }, { "date": "2024-08-02", "close": 10.894061, "volume": 543, "typical_volume": 1338.4, "trend": 10.703607, "fair_value": 10.556229, "relative_strength": 1.742345, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 53.598197, "energy": 49.18812, "activity_lines": [ 11.291419, 11.235667, 11.137718, 10.960426 ] }, { "date": "2024-08-09", "close": 10.929527, "volume": 1660, "typical_volume": 1154.85, "trend": 10.733998, "fair_value": 10.547614, "relative_strength": 2.087175, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 34.887005, "energy": 23.917888, "activity_lines": [ 11.153781, 11.186114, 11.132509, 10.975002 ] }, { "date": "2024-08-16", "close": 11.413003, "volume": 87, "typical_volume": 1010.45, "trend": 10.783326, "fair_value": 10.543867, "relative_strength": 3.6674, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 52.810131, "energy": 27.458896, "activity_lines": [ 11.199701, 11.230711, 11.171603, 11.018809 ] }, { "date": "2024-08-23", "close": 11.452205, "volume": 81, "typical_volume": 902.35, "trend": 10.82795, "fair_value": 10.539599, "relative_strength": 2.57329, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 52.024646, "energy": 25.762584, "activity_lines": [ 11.269641, 11.278839, 11.210724, 11.061962 ] }, { "date": "2024-08-30", "close": 11.455938, "volume": 0, "typical_volume": 873.45, "trend": 10.875582, "fair_value": 10.534538, "relative_strength": 1.794373, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 63.610033, "energy": 41.044135, "activity_lines": [ 11.338709, 11.317802, 11.245552, 11.102477 ] }, { "date": "2024-09-06", "close": 11.317802, "volume": 0, "typical_volume": 873.45, "trend": 10.917811, "fair_value": 10.529535, "relative_strength": 4.88344, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 53.635556, "energy": 45.637218, "activity_lines": [ 11.368327, 11.322519, 11.262512, 11.131008 ] }, { "date": "2024-09-13", "close": 11.511938, "volume": 0, "typical_volume": 856.4, "trend": 10.960439, "fair_value": 10.525744, "relative_strength": 5.377601, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 64.517727, "energy": 58.031628, "activity_lines": [ 11.434408, 11.35595, 11.293046, 11.169339 ] }, { "date": "2024-09-20", "close": 11.60714, "volume": 7471, "typical_volume": 1229.75, "trend": 11.003971, "fair_value": 10.5243, "relative_strength": 6.968831, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 69.964843, "energy": 59.588533, "activity_lines": [ 11.493396, 11.40221, 11.328193, 11.211061 ] }, { "date": "2024-09-27", "close": 11.769995, "volume": 0, "typical_volume": 1229.75, "trend": 11.055078, "fair_value": 10.525912, "relative_strength": 5.61617, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 76.245086, "energy": 66.209784, "activity_lines": [ 11.593726, 11.477538, 11.374912, 11.260482 ] }, { "date": "2024-10-04", "close": 11.518435, "volume": 6958, "typical_volume": 1576.65, "trend": 11.097064, "fair_value": 10.526401, "relative_strength": 5.197251, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 59.715289, "energy": 55.5336, "activity_lines": [ 11.589017, 11.500772, 11.394445, 11.290376 ] }, { "date": "2024-10-11", "close": 11.390749, "volume": 875, "typical_volume": 1611.05, "trend": 11.135039, "fair_value": 10.524364, "relative_strength": 2.499937, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 56.175108, "energy": 41.235087, "activity_lines": [ 11.537579, 11.501452, 11.400995, 11.309323 ] }, { "date": "2024-10-18", "close": 11.790958, "volume": 644, "typical_volume": 1601.35, "trend": 11.175949, "fair_value": 10.524762, "relative_strength": 4.402149, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 72.744029, "energy": 47.84113, "activity_lines": [ 11.614681, 11.565868, 11.445908, 11.351641 ] }, { "date": "2024-10-25", "close": 11.592759, "volume": 100, "typical_volume": 1604.25, "trend": 11.207888, "fair_value": 10.524411, "relative_strength": 3.652732, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 53.760427, "energy": 35.342982, "activity_lines": [ 11.607116, 11.578585, 11.469478, 11.378532 ] }, { "date": "2024-11-01", "close": 11.434581, "volume": 11, "typical_volume": 1576.3, "trend": 11.239844, "fair_value": 10.523547, "relative_strength": 3.932887, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 40.5558, "energy": 26.510839, "activity_lines": [ 11.547783, 11.559274, 11.476186, 11.393157 ] }, { "date": "2024-11-08", "close": 11.385031, "volume": 500, "typical_volume": 1596.8, "trend": 11.270459, "fair_value": 10.521701, "relative_strength": 4.79541, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 33.678963, "energy": 22.890375, "activity_lines": [ 11.494295, 11.531274, 11.475681, 11.402524 ] }, { "date": "2024-11-15", "close": 11.367879, "volume": 0, "typical_volume": 1596.8, "trend": 11.306537, "fair_value": 10.519789, "relative_strength": 5.981642, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 20.521848, "energy": 17.783756, "activity_lines": [ 11.443983, 11.501445, 11.471489, 11.408809 ] }, { "date": "2024-11-22", "close": 11.541304, "volume": 0, "typical_volume": 1111.6, "trend": 11.33869, "fair_value": 10.521121, "relative_strength": 6.575545, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 30.918099, "energy": 20.847506, "activity_lines": [ 11.453003, 11.502237, 11.481851, 11.423955 ] }, { "date": "2024-11-29", "close": 11.627063, "volume": 28744, "typical_volume": 2383.7, "trend": 11.366919, "fair_value": 10.52335, "relative_strength": 6.719491, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 43.051197, "energy": 18.781896, "activity_lines": [ 11.507254, 11.518088, 11.499066, 11.44256 ] }, { "date": "2024-12-06", "close": 11.775713, "volume": 435, "typical_volume": 2405.45, "trend": 11.389712, "fair_value": 10.525173, "relative_strength": 7.683498, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 67.093581, "energy": 43.34998, "activity_lines": [ 11.608768, 11.560604, 11.530202, 11.468934 ] }, { "date": "2024-12-13", "close": 11.804298, "volume": 37, "typical_volume": 2407.3, "trend": 11.404995, "fair_value": 10.527266, "relative_strength": 8.497138, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 70.113431, "energy": 68.942184, "activity_lines": [ 11.697068, 11.608213, 11.562369, 11.495681 ] }, { "date": "2024-12-20", "close": 11.39456, "volume": 8572, "typical_volume": 2808.75, "trend": 11.403385, "fair_value": 10.525253, "relative_strength": 7.358599, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 39.637525, "energy": 41.247643, "activity_lines": [ 11.620837, 11.576127, 11.554325, 11.495008 ] }, { "date": "2024-12-27", "close": 11.449826, "volume": 0, "typical_volume": 2725.75, "trend": 11.409279, "fair_value": 10.522518, "relative_strength": 5.769993, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 39.401851, "energy": 24.038143, "activity_lines": [ 11.56125, 11.55402, 11.549162, 11.498004 ] }, { "date": "2025-01-03", "close": 11.503188, "volume": 0, "typical_volume": 2721.4, "trend": 11.418881, "fair_value": 10.520582, "relative_strength": 5.710465, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 27.128644, "energy": 13.651192, "activity_lines": [ 11.525549, 11.547818, 11.546603, 11.504063 ] }, { "date": "2025-01-10", "close": 11.316424, "volume": 0, "typical_volume": 2717.35, "trend": 11.432399, "fair_value": 10.517698, "relative_strength": 2.371919, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": -9.915723, "energy": 22.226198, "activity_lines": [ 11.435851, 11.509287, 11.525827, 11.497453 ] }, { "date": "2025-01-17", "close": 11.621346, "volume": 0, "typical_volume": 2717.35, "trend": 11.454651, "fair_value": 10.517542, "relative_strength": 3.225096, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 20.659526, "energy": 17.709342, "activity_lines": [ 11.478413, 11.528344, 11.534738, 11.509643 ] }, { "date": "2025-01-24", "close": 11.817639, "volume": 0, "typical_volume": 2717.35, "trend": 11.483384, "fair_value": 10.519263, "relative_strength": 2.276598, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 61.824947, "energy": 30.62729, "activity_lines": [ 11.598604, 11.578795, 11.561556, 11.533062 ] }, { "date": "2025-01-31", "close": 12.191168, "volume": 0, "typical_volume": 2717.35, "trend": 11.514238, "fair_value": 10.52388, "relative_strength": 2.755453, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 83.593087, "energy": 78.366249, "activity_lines": [ 11.815098, 11.688983, 11.621568, 11.578725 ] }, { "date": "2025-02-07", "close": 12.10541, "volume": 8, "typical_volume": 2344.2, "trend": 11.531843, "fair_value": 10.526728, "relative_strength": 1.948353, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 78.991752, "energy": 85.743989, "activity_lines": [ 11.953584, 11.771762, 11.670178, 11.616865 ] }, { "date": "2025-02-14", "close": 12.257871, "volume": 727, "typical_volume": 2380.55, "trend": 11.559756, "fair_value": 10.531816, "relative_strength": 1.147217, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 83.488455, "energy": 93.411683, "activity_lines": [ 12.102742, 11.873565, 11.730936, 11.663706 ] }, { "date": "2025-02-21", "close": 12.236906, "volume": 118, "typical_volume": 2038.55, "trend": 11.582491, "fair_value": 10.538139, "relative_strength": 0.026416, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 76.806972, "energy": 91.403395, "activity_lines": [ 12.182148, 11.962789, 11.787374, 11.707393 ] }, { "date": "2025-02-28", "close": 12.206416, "volume": 223, "typical_volume": 2005.95, "trend": 11.626236, "fair_value": 10.548824, "relative_strength": -0.748544, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 67.756264, "energy": 87.186752, "activity_lines": [ 12.210354, 12.038604, 11.837486, 11.747646 ] }, { "date": "2025-03-07", "close": 12.08254, "volume": 0, "typical_volume": 1973.75, "trend": 11.66467, "fair_value": 10.556681, "relative_strength": -2.383913, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.532117, "energy": 76.390023, "activity_lines": [ 12.171349, 12.077135, 11.871917, 11.777085 ] }, { "date": "2025-03-14", "close": 11.912927, "volume": 159, "typical_volume": 1976.7, "trend": 11.681334, "fair_value": 10.560069, "relative_strength": -2.650615, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 59.914823, "energy": 48.583315, "activity_lines": [ 12.083048, 12.073323, 11.888806, 11.793102 ] }, { "date": "2025-03-21", "close": 11.926267, "volume": 6610, "typical_volume": 2306.65, "trend": 11.697136, "fair_value": 10.563342, "relative_strength": -3.734454, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 44.706266, "energy": 34.351794, "activity_lines": [ 12.012027, 12.064487, 11.90544, 11.808904 ] }, { "date": "2025-03-28", "close": 11.939747, "volume": 758, "typical_volume": 2319.55, "trend": 11.713263, "fair_value": 10.566481, "relative_strength": -1.908402, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 37.274402, "energy": 26.934863, "activity_lines": [ 11.967605, 12.047014, 11.921017, 11.824556 ] }, { "date": "2025-04-04", "close": 11.486973, "volume": 231, "typical_volume": 2331.1, "trend": 11.718902, "fair_value": 10.565452, "relative_strength": 3.867772, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -4.623389, "energy": 22.396445, "activity_lines": [ 11.79207, 11.94143, 11.890831, 11.809957 ] }, { "date": "2025-04-11", "close": 10.533257, "volume": 1279, "typical_volume": 2395.05, "trend": 11.686279, "fair_value": 10.558441, "relative_strength": -1.324871, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "mixed", "direction": -53.78696, "energy": 55.393639, "activity_lines": [ 11.346592, 11.668454, 11.769248, 11.733464 ] }, { "date": "2025-04-18", "close": 11.024566, "volume": 0, "typical_volume": 957.85, "trend": 11.66686, "fair_value": 10.554271, "relative_strength": -0.522456, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -39.288154, "energy": 66.584706, "activity_lines": [ 11.168169, 11.514951, 11.699257, 11.690772 ] }, { "date": "2025-04-25", "close": 11.431099, "volume": 4623, "typical_volume": 1167.25, "trend": 11.655563, "fair_value": 10.554051, "relative_strength": 0.667295, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -36.84854, "energy": 62.992118, "activity_lines": [ 11.184482, 11.455015, 11.670852, 11.675562 ] }, { "date": "2025-05-02", "close": 11.749003, "volume": 23, "typical_volume": 1166.55, "trend": 11.663249, "fair_value": 10.559039, "relative_strength": 0.829535, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -28.056042, "energy": 54.891154, "activity_lines": [ 11.339773, 11.467912, 11.674364, 11.68159 ] }, { "date": "2025-05-09", "close": 11.71625, "volume": 127, "typical_volume": 744.3, "trend": 11.674099, "fair_value": 10.562904, "relative_strength": 1.880475, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -10.43014, "energy": 14.09352, "activity_lines": [ 11.496863, 11.483725, 11.675021, 11.68501 ] }, { "date": "2025-05-16", "close": 12.032228, "volume": 2410, "typical_volume": 864.8, "trend": 11.682141, "fair_value": 10.569411, "relative_strength": 2.458259, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": 24.259578, "energy": 27.645197, "activity_lines": [ 11.743994, 11.5659, 11.704239, 11.708115 ] }, { "date": "2025-05-23", "close": 12.051496, "volume": 1047, "typical_volume": 917.15, "trend": 11.697433, "fair_value": 10.575116, "relative_strength": 3.709254, "stage": 3, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 35.776586, "energy": 38.302428, "activity_lines": [ 11.897616, 11.652494, 11.732518, 11.731944 ] }, { "date": "2025-05-30", "close": 12.228752, "volume": 211, "typical_volume": 927.7, "trend": 11.723905, "fair_value": 10.582123, "relative_strength": 4.86161, "stage": 3, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 64.070395, "energy": 50.688961, "activity_lines": [ 12.041862, 11.768796, 11.775068, 11.766223 ] }, { "date": "2025-06-06", "close": 12.180584, "volume": 4034, "typical_volume": 1129.4, "trend": 11.750423, "fair_value": 10.590505, "relative_strength": 3.128576, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 68.38743, "energy": 67.253988, "activity_lines": [ 12.116875, 11.870841, 11.808686, 11.795686 ] }, { "date": "2025-06-13", "close": 12.274992, "volume": 0, "typical_volume": 1129.4, "trend": 11.78066, "fair_value": 10.602851, "relative_strength": 5.588931, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 71.105887, "energy": 73.240429, "activity_lines": [ 12.194585, 11.985672, 11.848633, 11.829529 ] }, { "date": "2025-06-20", "close": 12.180584, "volume": 1330, "typical_volume": 1195.9, "trend": 11.80197, "fair_value": 10.61424, "relative_strength": 6.955904, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.203018, "energy": 64.422509, "activity_lines": [ 12.203576, 12.069011, 11.87741, 11.855331 ] }, { "date": "2025-06-27", "close": 12.246092, "volume": 8569, "typical_volume": 1623.95, "trend": 11.822604, "fair_value": 10.628416, "relative_strength": 6.32049, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.950843, "energy": 57.975087, "activity_lines": [ 12.224513, 12.134308, 11.912477, 11.883984 ] }, { "date": "2025-07-04", "close": 12.107369, "volume": 2721, "typical_volume": 1723.65, "trend": 11.833659, "fair_value": 10.638928, "relative_strength": 5.032791, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 58.930973, "energy": 42.425382, "activity_lines": [ 12.186236, 12.152174, 11.933661, 11.902356 ] }, { "date": "2025-07-11", "close": 12.099663, "volume": 18196, "typical_volume": 2627.55, "trend": 11.843505, "fair_value": 10.649654, "relative_strength": 5.111301, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 48.465632, "energy": 37.86348, "activity_lines": [ 12.153482, 12.156343, 11.954829, 11.919517 ] }, { "date": "2025-07-18", "close": 12.174804, "volume": 1309, "typical_volume": 2681.85, "trend": 11.869513, "fair_value": 10.658231, "relative_strength": 5.199191, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 48.902747, "energy": 42.093395, "activity_lines": [ 12.15117, 12.167798, 11.983807, 11.940891 ] }, { "date": "2025-07-25", "close": 12.284626, "volume": 512, "typical_volume": 2707.45, "trend": 11.89734, "fair_value": 10.666642, "relative_strength": 6.212644, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 70.638246, "energy": 57.900868, "activity_lines": [ 12.192144, 12.190883, 12.023394, 11.967673 ] }, { "date": "2025-08-01", "close": 12.261505, "volume": 342, "typical_volume": 2716.6, "trend": 11.922617, "fair_value": 10.673771, "relative_strength": 6.833281, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 68.487503, "energy": 70.059515, "activity_lines": [ 12.218476, 12.205176, 12.059817, 11.991168 ] }, { "date": "2025-08-08", "close": 12.242239, "volume": 993, "typical_volume": 2435.75, "trend": 11.953477, "fair_value": 10.681437, "relative_strength": 6.155392, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.522882, "energy": 65.326675, "activity_lines": [ 12.237358, 12.212147, 12.092745, 12.011788 ] }, { "date": "2025-08-15", "close": 12.4272, "volume": 0, "typical_volume": 2397.85, "trend": 11.980339, "fair_value": 10.691268, "relative_strength": 5.713271, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 83.549382, "energy": 84.4054, "activity_lines": [ 12.308902, 12.252502, 12.141784, 12.042351 ] }, { "date": "2025-08-22", "close": 12.56785, "volume": 861, "typical_volume": 2429.35, "trend": 12.005346, "fair_value": 10.704611, "relative_strength": 5.047309, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 90.103992, "energy": 92.74327, "activity_lines": [ 12.405494, 12.313946, 12.201897, 12.080255 ] }, { "date": "2025-08-29", "close": 12.492709, "volume": 0, "typical_volume": 2365.4, "trend": 12.015398, "fair_value": 10.719508, "relative_strength": 4.866494, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 76.229034, "energy": 89.074939, "activity_lines": [ 12.450835, 12.356404, 12.249707, 12.111698 ] }, { "date": "2025-09-05", "close": 12.217192, "volume": 1737, "typical_volume": 2452.25, "trend": 12.019124, "fair_value": 10.732607, "relative_strength": 0.96287, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.83727, "energy": 65.544588, "activity_lines": [ 12.390466, 12.343092, 12.261946, 12.124717 ] }, { "date": "2025-09-12", "close": 12.37518, "volume": 9459, "typical_volume": 2694.05, "trend": 12.023034, "fair_value": 10.749416, "relative_strength": 3.631318, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.548504, "energy": 51.961836, "activity_lines": [ 12.385713, 12.359031, 12.283552, 12.147688 ] }, { "date": "2025-09-19", "close": 12.238385, "volume": 4529, "typical_volume": 2919.35, "trend": 12.023083, "fair_value": 10.769065, "relative_strength": 3.121296, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 43.256888, "energy": 30.063844, "activity_lines": [ 12.326499, 12.345229, 12.287635, 12.161582 ] }, { "date": "2025-09-26", "close": 12.151488, "volume": 8327, "typical_volume": 3329.35, "trend": 12.021252, "fair_value": 10.789952, "relative_strength": 3.817728, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 28.180996, "energy": 24.060163, "activity_lines": [ 12.250908, 12.313105, 12.281111, 12.169866 ] }, { "date": "2025-10-03", "close": 12.389132, "volume": 90, "typical_volume": 3213.35, "trend": 12.031472, "fair_value": 10.811181, "relative_strength": 0.901548, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 43.032727, "energy": 23.19462, "activity_lines": [ 12.282288, 12.324613, 12.295148, 12.1936 ] }, { "date": "2025-10-10", "close": 12.333682, "volume": 11, "typical_volume": 3161.55, "trend": 12.045497, "fair_value": 10.832248, "relative_strength": 0.556842, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 34.904502, "energy": 19.993606, "activity_lines": [ 12.30209, 12.324139, 12.302204, 12.213098 ] }, { "date": "2025-10-17", "close": 12.224761, "volume": 937, "typical_volume": 3197.85, "trend": 12.055447, "fair_value": 10.852355, "relative_strength": -1.636427, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 31.180512, "energy": 16.138502, "activity_lines": [ 12.277819, 12.30255, 12.297543, 12.224663 ] }, { "date": "2025-10-24", "close": 12.38121, "volume": 0, "typical_volume": 2996.15, "trend": 12.070162, "fair_value": 10.869547, "relative_strength": 0.161338, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 55.777435, "energy": 30.879721, "activity_lines": [ 12.315726, 12.309723, 12.307801, 12.24568 ] }, { "date": "2025-10-31", "close": 12.331701, "volume": 12317, "typical_volume": 3612.0, "trend": 12.09832, "fair_value": 10.887409, "relative_strength": 2.37667, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 37.272233, "energy": 21.553742, "activity_lines": [ 12.327608, 12.30873, 12.312389, 12.262553 ] }, { "date": "2025-11-07", "close": 12.339622, "volume": 77, "typical_volume": 3549.35, "trend": 12.158532, "fair_value": 10.903107, "relative_strength": 1.834323, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 39.739981, "energy": 21.058674, "activity_lines": [ 12.330117, 12.313472, 12.31746, 12.278121 ] }, { "date": "2025-11-14", "close": 12.163371, "volume": 0, "typical_volume": 3120.9, "trend": 12.196492, "fair_value": 10.916585, "relative_strength": -2.260758, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 6.967864, "energy": 6.057753, "activity_lines": [ 12.277175, 12.288951, 12.304989, 12.278433 ] }, { "date": "2025-11-21", "close": 12.072274, "volume": 0, "typical_volume": 2984.85, "trend": 12.217865, "fair_value": 10.928025, "relative_strength": -2.924519, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -25.093993, "energy": 22.939789, "activity_lines": [ 12.205222, 12.248846, 12.284236, 12.270419 ] }, { "date": "2025-11-28", "close": 12.373289, "volume": 0, "typical_volume": 2075.05, "trend": 12.238674, "fair_value": 10.940918, "relative_strength": -2.01812, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 25.664632, "energy": 16.617348, "activity_lines": [ 12.243773, 12.268978, 12.292317, 12.280447 ] }, { "date": "2025-12-05", "close": 12.59707, "volume": 170, "typical_volume": 2018.1, "trend": 12.268035, "fair_value": 10.956847, "relative_strength": -0.985262, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 68.332114, "energy": 30.717672, "activity_lines": [ 12.357446, 12.327344, 12.320409, 12.303569 ] }, { "date": "2025-12-12", "close": 12.482208, "volume": 0, "typical_volume": 1992.5, "trend": 12.283034, "fair_value": 10.973595, "relative_strength": -1.437719, "stage": 3, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 60.68346, "energy": 53.757104, "activity_lines": [ 12.41514, 12.356726, 12.33555, 12.317387 ] }, { "date": "2025-12-19", "close": 12.700048, "volume": 6579, "typical_volume": 2304.35, "trend": 12.304653, "fair_value": 10.99224, "relative_strength": -1.812166, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 80.48032, "energy": 78.930584, "activity_lines": [ 12.535942, 12.424022, 12.370497, 12.344291 ] }, { "date": "2025-12-26", "close": 12.664402, "volume": 324, "typical_volume": 2270.9, "trend": 12.319174, "fair_value": 11.010849, "relative_strength": -2.551956, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 72.734987, "energy": 81.591249, "activity_lines": [ 12.609084, 12.478176, 12.399961, 12.3675 ] }, { "date": "2026-01-02", "close": 12.779263, "volume": 0, "typical_volume": 2270.9, "trend": 12.33913, "fair_value": 11.028673, "relative_strength": -1.800254, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 83.275729, "energy": 89.493012, "activity_lines": [ 12.681037, 12.54522, 12.438354, 12.397183 ] }, { "date": "2026-01-09", "close": 13.187217, "volume": 5207, "typical_volume": 2488.2, "trend": 12.369538, "fair_value": 11.047055, "relative_strength": 0.124481, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 96.539814, "energy": 97.733376, "activity_lines": [ 12.86191, 12.679201, 12.513923, 12.451899 ] }, { "date": "2026-01-16", "close": 13.357528, "volume": 12934, "typical_volume": 3134.9, "trend": 12.408769, "fair_value": 11.066678, "relative_strength": 1.426952, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 95.616659, "energy": 97.863647, "activity_lines": [ 13.06021, 12.828592, 12.602763, 12.51564 ] }, { "date": "2026-01-23", "close": 13.157512, "volume": 3430, "typical_volume": 3219.55, "trend": 12.43915, "fair_value": 11.084404, "relative_strength": 1.855245, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 72.421016, "energy": 89.520114, "activity_lines": [ 13.133483, 12.923109, 12.668435, 12.563946 ] }, { "date": "2026-01-30", "close": 12.939672, "volume": 19, "typical_volume": 2747.55, "trend": 12.466893, "fair_value": 11.09978, "relative_strength": -0.169629, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 67.949033, "energy": 83.752524, "activity_lines": [ 13.103646, 12.959944, 12.708883, 12.596238 ] }, { "date": "2026-02-06", "close": 12.909966, "volume": 160, "typical_volume": 2529.1, "trend": 12.493904, "fair_value": 11.116647, "relative_strength": -2.203472, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 64.918288, "energy": 61.005061, "activity_lines": [ 13.045555, 12.975606, 12.743814, 12.624823 ] }, { "date": "2026-02-13", "close": 13.288215, "volume": 6855, "typical_volume": 2455.5, "trend": 12.531017, "fair_value": 11.13553, "relative_strength": -0.63255, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 79.832114, "energy": 61.344124, "activity_lines": [ 13.104834, 13.050284, 12.811571, 12.676069 ] }, { "date": "2026-02-20", "close": 13.436742, "volume": 242, "typical_volume": 2463.1, "trend": 12.569421, "fair_value": 11.155308, "relative_strength": -1.447303, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 82.594806, "energy": 63.640352, "activity_lines": [ 13.206888, 13.1394, 12.88806, 12.734503 ] }, { "date": "2026-02-27", "close": 13.325842, "volume": 1636, "typical_volume": 2544.35, "trend": 12.604899, "fair_value": 11.174545, "relative_strength": -3.361638, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 70.728099, "energy": 63.557181, "activity_lines": [ 13.266695, 13.190998, 12.948998, 12.783304 ] }, { "date": "2026-03-06", "close": 12.921848, "volume": 440, "typical_volume": 2519.5, "trend": 12.627553, "fair_value": 11.19368, "relative_strength": 0.160115, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 61.330243, "energy": 53.155078, "activity_lines": [ 13.180615, 13.157763, 12.966737, 12.803753 ] }, { "date": "2026-03-13", "close": 12.59905, "volume": 1506, "typical_volume": 2594.8, "trend": 12.633281, "fair_value": 11.212007, "relative_strength": -0.50725, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 24.140702, "energy": 21.150046, "activity_lines": [ 12.988124, 13.061158, 12.950413, 12.801914 ] }, { "date": "2026-03-20", "close": 12.27031, "volume": 0, "typical_volume": 1978.95, "trend": 12.623363, "fair_value": 11.227998, "relative_strength": 0.80802, "stage": 2, "regime": "rotation_down", "modifier": "Structural failure", "gate": "up", "direction": -6.637587, "energy": 24.100203, "activity_lines": [ 12.706781, 12.908058, 12.901743, 12.778496 ] }, { "date": "2026-03-27", "close": 12.288, "volume": 14301, "typical_volume": 2690.15, "trend": 12.616539, "fair_value": 11.242375, "relative_strength": -1.140337, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -36.585225, "energy": 45.502053, "activity_lines": [ 12.499195, 12.774845, 12.855051, 12.75686 ] }, { "date": "2026-04-03", "close": 12.528, "volume": 9063, "typical_volume": 3143.3, "trend": 12.6269, "fair_value": 11.25837, "relative_strength": -2.365936, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -23.06698, "energy": 40.650056, "activity_lines": [ 12.448192, 12.704715, 12.831461, 12.751148 ] }, { "date": "2026-04-10", "close": 13.092, "volume": 884, "typical_volume": 3187.5, "trend": 12.650794, "fair_value": 11.277347, "relative_strength": 0.362232, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -0.981953, "energy": 21.860272, "activity_lines": [ 12.638378, 12.748576, 12.859849, 12.781154 ] }, { "date": "2026-04-17", "close": 13.364, "volume": 1556, "typical_volume": 3265.3, "trend": 12.688314, "fair_value": 11.29778, "relative_strength": 0.492427, "stage": 2, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "up", "direction": 52.396486, "energy": 24.918793, "activity_lines": [ 12.907887, 12.839122, 12.909286, 12.827167 ] }, { "date": "2026-04-24", "close": 13.14, "volume": 0, "typical_volume": 3256.8, "trend": 12.721265, "fair_value": 11.315912, "relative_strength": 0.657151, "stage": 2, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "up", "direction": 47.26547, "energy": 38.934344, "activity_lines": [ 13.051733, 12.880686, 12.932673, 12.856308 ] }, { "date": "2026-05-01", "close": 13.076, "volume": 33, "typical_volume": 3258.45, "trend": 12.74416, "fair_value": 11.333541, "relative_strength": 0.350536, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 45.030161, "energy": 42.782935, "activity_lines": [ 13.116267, 12.913308, 12.947378, 12.879195 ] }, { "date": "2026-05-08", "close": 13.144, "volume": 14753, "typical_volume": 3667.15, "trend": 12.771171, "fair_value": 11.352379, "relative_strength": 1.080167, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 46.428255, "energy": 46.362288, "activity_lines": [ 13.150933, 12.964852, 12.965732, 12.904991 ] }, { "date": "2026-05-15", "close": 12.808, "volume": 3629, "typical_volume": 3832.4, "trend": 12.790612, "fair_value": 11.368913, "relative_strength": -2.381844, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 38.983933, "energy": 32.404518, "activity_lines": [ 13.032533, 12.958612, 12.949973, 12.907367 ] }, { "date": "2026-05-22", "close": 13.386, "volume": 1466, "typical_volume": 3905.7, "trend": 12.824105, "fair_value": 11.391365, "relative_strength": -0.121589, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.908813, "energy": 36.499556, "activity_lines": [ 13.125733, 13.059533, 12.988577, 12.945779 ] }, { "date": "2026-05-29", "close": 13.286, "volume": 1478, "typical_volume": 3719.25, "trend": 12.855915, "fair_value": 11.410894, "relative_strength": -1.119934, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 57.85666, "energy": 35.020963, "activity_lines": [ 13.184133, 13.127964, 13.014768, 12.975579 ] }, { "date": "2026-06-05", "close": 13.398, "volume": 1, "typical_volume": 3072.6, "trend": 12.891194, "fair_value": 11.430853, "relative_strength": 0.833031, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 63.247261, "energy": 41.979614, "activity_lines": [ 13.270133, 13.198291, 13.051155, 13.010552 ] }, { "date": "2026-06-12", "close": 13.592, "volume": 0, "typical_volume": 2901.1, "trend": 12.938815, "fair_value": 11.452009, "relative_strength": -0.056331, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 75.363814, "energy": 74.66773, "activity_lines": [ 13.399333, 13.283709, 13.105825, 13.055765 ] }, { "date": "2026-06-19", "close": 13.542, "volume": 5, "typical_volume": 2900.4, "trend": 12.987806, "fair_value": 11.47447, "relative_strength": -0.81865, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 68.246936, "energy": 75.037139, "activity_lines": [ 13.482, 13.340691, 13.153665, 13.09468 ] }, { "date": "2026-06-26", "close": 13.874, "volume": 1140, "typical_volume": 2949.4, "trend": 13.03783, "fair_value": 11.498944, "relative_strength": -1.162606, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 84.734663, "energy": 84.481255, "activity_lines": [ 13.6264, 13.449855, 13.230256, 13.151854 ] }, { "date": "2026-07-03", "close": 14.246, "volume": 6, "typical_volume": 2606.95, "trend": 13.092794, "fair_value": 11.527462, "relative_strength": -0.236474, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 92.349104, "energy": 94.598525, "activity_lines": [ 13.862267, 13.617382, 13.337684, 13.229801 ] }, { "date": "2026-07-10", "close": 14.252, "volume": 1849, "typical_volume": 2687.3, "trend": 13.151787, "fair_value": 11.55565, "relative_strength": 1.156093, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 87.495146, "energy": 94.788451, "activity_lines": [ 14.036133, 13.765891, 13.441123, 13.304588 ] }, { "date": "2026-07-17", "close": 14.656, "volume": 9519, "typical_volume": 3081.45, "trend": 13.216986, "fair_value": 11.584733, "relative_strength": 3.22434, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 94.230433, "energy": 97.64682, "activity_lines": [ 14.287733, 13.966473, 13.579157, 13.401634 ] }, { "date": "2026-07-24", "close": 14.842, "volume": 18, "typical_volume": 3060.35, "trend": 13.289572, "fair_value": 11.614813, "relative_strength": 4.637631, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 92.446474, "energy": 97.207307, "activity_lines": [ 14.5304, 14.173382, 13.72857, 13.506474 ] }, { "date": "2026-07-31", "close": 15.082, "volume": 125, "typical_volume": 2991.3, "trend": 13.36633, "fair_value": 11.648113, "relative_strength": 6.157643, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 92.270919, "energy": 97.164703, "activity_lines": [ 14.7664, 14.386945, 13.891697, 13.622114 ] }, { "date": "2026-08-07", "close": 15.196, "volume": 0, "typical_volume": 2991.3, "trend": 13.43329, "fair_value": 11.682341, "relative_strength": 5.471447, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 89.200689, "energy": 96.152813, "activity_lines": [ 14.959867, 14.5904, 14.053857, 13.740157 ] } ], "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." } } }