{ "ticker": { "uuid": "c4349b4f-d510-4c61-8072-fbdc648a7a92", "symbol": "WRNW", "name": "WisdomTree Renewable Energy UCITS ETF", "exchange": "MIL", "country": "IT", "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": "FTSEMIB.MI", "stage": 4, "stage_name": "Declining", "phase": "4a", "phase_label": "Stage 4A \u00b7 Breakdown", "transition": "stage_4_declining", "transition_label": "Stage 4 decline intact", "confidence": 49.917, "architecture_regime": "rotation_down", "architecture_regime_label": "Rotation Down", "architecture_modifier": "Supply rotation", "architecture_gate": "mixed", "architecture_direction": -40.005, "architecture_energy": 72.565, "architecture_maturity": 12.089, "architecture_confidence": 68.977, "architecture_tenure": "New", "architecture": { "interpretation": { "headline": "The Activity Line structure is rotating downward.", "body": "Fast Activity is weakening relative to Slow Activity and price acceptance is deteriorating. Persistent negative Trend confirmation would establish Downward Expansion." }, "scores": { "balance": 24.94, "rotation_up": 16.09, "upward_expansion": 25.43, "deceleration": 43.07, "rotation_down": 75.18, "downward_expansion": 67.09 }, "activity_lines": [ 24.454333, 25.508273, 26.991881, 27.02371 ], "activity_state": "Moderate", "activity_direction": "Expanding", "rotation_direction": "Weakening", "price_acceptance": -0.833333 }, "latest_close": 24.82, "trend_reference": 26.864667, "distance_from_trend": -0.07611, "trend_direction": "Improving", "fair_value": 19.611719, "distance_from_fair_value": 0.26557, "fair_value_direction": "Weakening", "relative_strength": -14.332734, "relative_strength_direction": "Weakening", "price_momentum": -0.028381, "excess_performance": -0.199273, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.07611, "read": "Below" }, { "label": "Trend direction", "positive": true, "value": 0.036752, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.26557, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.296667, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.143327, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.348558, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.028381, "read": "Negative" }, { "label": "Volume balance", "positive": true, "value": 1.088337, "read": "Demand-led" } ], "volume": { "latest": 5734, "relative_activity": 0.656462, "balance": 1.088337, "dry_up": 0.943936, "accumulation_observations": 2, "distribution_observations": 1 }, "risk": { "range_context": 0.058591, "annualized_volatility": 0.25605, "from_high_reference": -0.225464, "from_low_reference": 0.500968 }, "levels": { "trend_reference": 26.864667, "fair_value_reference": 19.611719, "structural_low": 22.77, "invalidation": "Reclaiming a flat-to-rising Trend with improving relative strength is required before the declining diagnosis is repaired." }, "outcomes": [ { "horizon": "Near term", "sample_count": 0, "median_return": null, "positive_rate": null, "directional_follow_through": null, "median_excess_return": null, "regime_survival": null, "best_return": null, "worst_return": null, "sufficient": false }, { "horizon": "Intermediate", "sample_count": 0, "median_return": null, "positive_rate": null, "directional_follow_through": null, "median_excess_return": null, "regime_survival": null, "best_return": null, "worst_return": null, "sufficient": false }, { "horizon": "Extended", "sample_count": 0, "median_return": null, "positive_rate": null, "directional_follow_through": null, "median_excess_return": null, "regime_survival": null, "best_return": null, "worst_return": null, "sufficient": false }, { "horizon": "Full cycle", "sample_count": 0, "median_return": null, "positive_rate": null, "directional_follow_through": null, "median_excess_return": null, "regime_survival": null, "best_return": null, "worst_return": null, "sufficient": false } ], "ledger": [ { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2024-12-27", "end": "2025-05-30", "tenure": "Established", "return": -0.05974, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-06-06", "end": "2025-06-13", "tenure": "New", "return": 0.051243, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-06-20", "end": "2025-07-18", "tenure": "Developing", "return": 0.137043, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-07-25", "end": "2025-11-21", "tenure": "Established", "return": 0.27953, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-11-28", "end": "2026-01-16", "tenure": "Developing", "return": 0.078423, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-01-23", "end": "2026-06-26", "tenure": "Established", "return": 0.042704, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-07-03", "end": "2026-07-17", "tenure": "New", "return": -0.095719, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2026-07-24", "end": "2026-08-07", "tenure": "New", "return": 0.013061, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 21.135, "volume": 350, "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": 20.745001, "volume": 55, "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": 21.285, "volume": 516, "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": 20.65, "volume": 12, "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": 21.299999, "volume": 1, "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": 20.365, "volume": 73, "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": 20.365, "volume": 0, "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": 18.83, "volume": 100, "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": 18.83, "volume": 0, "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": 19.205999, "volume": 3, "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": 19.205999, "volume": 0, "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": 18.25, "volume": 5963, "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": 18.23, "volume": 787, "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": 18.752001, "volume": 30, "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": 18.752001, "volume": 0, "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": 18.986, "volume": 147, "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": 18.986, "volume": 0, "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": 20.059999, "volume": 400, "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": 19.416, "volume": 32, "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": 19.416, "volume": 0, "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": 20.290001, "volume": 29, "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": 20.290001, "volume": 0, "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": 18.396, "volume": 4, "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": 18.396, "volume": 0, "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": 17.931999, "volume": 50, "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": 18.052, "volume": 13, "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": 18.681999, "volume": 169, "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": 17.462, "volume": 241, "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": 18.040001, "volume": 537, "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": 17.898001, "volume": 212, "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": 17.444, "volume": 813, "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": 17.884001, "volume": 900, "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": 18.054001, "volume": 247, "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": 17.646, "volume": 119, "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": 17.664, "volume": 269, "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": 17.049999, "volume": 329, "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": 16.57, "volume": 665, "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": 17.712, "volume": 120, "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": "2024-05-10", "close": 17.792, "volume": 78, "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": "2024-05-17", "close": 17.798, "volume": 195, "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": "2024-05-24", "close": 17.798, "volume": 0, "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": "2024-05-31", "close": 17.798, "volume": 0, "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": "2024-06-07", "close": 18.049999, "volume": 165, "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": "2024-06-14", "close": 18.388, "volume": 173, "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": "2024-06-21", "close": 17.52, "volume": 77, "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": "2024-06-28", "close": 16.858, "volume": 488, "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": "2024-07-05", "close": 16.722, "volume": 178, "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": "2024-07-12", "close": 16.636, "volume": 120, "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": "2024-07-19", "close": 17.048, "volume": 187, "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": "2024-07-26", "close": 16.872, "volume": 1, "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": "2024-08-02", "close": 16.288, "volume": 294, "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": "2024-08-09", "close": 15.84, "volume": 339, "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": "2024-08-16", "close": 16.016001, "volume": 225, "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": "2024-08-23", "close": 15.896, "volume": 89, "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": "2024-08-30", "close": 15.896, "volume": 354, "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": "2024-09-06", "close": 16.046, "volume": 216, "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": "2024-09-13", "close": 16.046, "volume": 0, "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": "2024-09-20", "close": 16.49, "volume": 121, "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": "2024-09-27", "close": 16.49, "volume": 0, "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": "2024-10-04", "close": 17.52, "volume": 323, "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": "2024-10-11", "close": 17.448, "volume": 315, "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": "2024-10-18", "close": 16.84, "volume": 258, "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": "2024-10-25", "close": 16.84, "volume": 0, "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": "2024-11-01", "close": 17.200001, "volume": 90, "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": "2024-11-08", "close": 16.200001, "volume": 549, "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": "2024-11-15", "close": 16.195999, "volume": 387, "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": "2024-11-22", "close": 16.312, "volume": 142, "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": "2024-11-29", "close": 16.722, "volume": 150, "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": "2024-12-06", "close": 16.302, "volume": 423, "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": "2024-12-13", "close": 16.482, "volume": 676, "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": "2024-12-20", "close": 15.4, "volume": 642, "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": "2024-12-27", "close": 15.4, "volume": 0, "typical_volume": 248.0, "trend": 16.5988, "fair_value": 18.389963, "relative_strength": -12.491239, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -76.107623, "energy": 72.171646, "activity_lines": [ 15.8248, 16.092473, 16.359514, 16.409604 ] }, { "date": "2025-01-03", "close": 15.4, "volume": 0, "typical_volume": 236.75, "trend": 16.510467, "fair_value": 18.353049, "relative_strength": -11.696941, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -73.572191, "energy": 81.299123, "activity_lines": [ 15.6044, 15.927855, 16.265505, 16.332262 ] }, { "date": "2025-01-10", "close": 15.386, "volume": 351, "typical_volume": 249.85, "trend": 16.4104, "fair_value": 18.316866, "relative_strength": -13.455225, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -70.401834, "energy": 81.527474, "activity_lines": [ 15.467467, 15.786873, 16.173095, 16.259716 ] }, { "date": "2025-01-17", "close": 15.386, "volume": 0, "typical_volume": 232.15, "trend": 16.339267, "fair_value": 18.281554, "relative_strength": -15.679832, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.788007, "energy": 81.298907, "activity_lines": [ 15.3916, 15.678873, 16.083114, 16.193626 ] }, { "date": "2025-01-24", "close": 15.12, "volume": 1391, "typical_volume": 290.9, "trend": 16.281333, "fair_value": 18.243917, "relative_strength": -16.383753, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -75.248419, "energy": 78.094049, "activity_lines": [ 15.300133, 15.537309, 15.970229, 16.114963 ] }, { "date": "2025-01-31", "close": 15.142, "volume": 50, "typical_volume": 293.4, "trend": 16.228667, "fair_value": 18.207424, "relative_strength": -16.341279, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -71.675054, "energy": 68.729059, "activity_lines": [ 15.234667, 15.419309, 15.863848, 16.041458 ] }, { "date": "2025-02-07", "close": 15.014, "volume": 421, "typical_volume": 308.4, "trend": 16.1746, "fair_value": 18.170291, "relative_strength": -17.800786, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -76.387526, "energy": 85.449696, "activity_lines": [ 15.143733, 15.299309, 15.749581, 15.963093 ] }, { "date": "2025-02-14", "close": 14.856, "volume": 102, "typical_volume": 313.5, "trend": 16.101533, "fair_value": 18.132195, "relative_strength": -20.023916, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -78.73934, "energy": 84.386049, "activity_lines": [ 15.025867, 15.181636, 15.627295, 15.878022 ] }, { "date": "2025-02-21", "close": 15.016, "volume": 98, "typical_volume": 302.25, "trend": 16.039667, "fair_value": 18.096784, "relative_strength": -19.642321, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.339462, "energy": 80.098139, "activity_lines": [ 14.996667, 15.119345, 15.528029, 15.807987 ] }, { "date": "2025-02-28", "close": 15.244, "volume": 177, "typical_volume": 295.35, "trend": 16.004867, "fair_value": 18.06473, "relative_strength": -18.421202, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.295793, "energy": 58.124715, "activity_lines": [ 15.068133, 15.125164, 15.4624, 15.756654 ] }, { "date": "2025-03-07", "close": 14.41, "volume": 1026, "typical_volume": 333.75, "trend": 15.9572, "fair_value": 18.024122, "relative_strength": -22.258181, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -84.436134, "energy": 65.233381, "activity_lines": [ 14.853333, 14.982182, 15.327838, 15.653759 ] }, { "date": "2025-03-14", "close": 14.604, "volume": 35, "typical_volume": 335.5, "trend": 15.910133, "fair_value": 17.986539, "relative_strength": -20.90671, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -72.586159, "energy": 62.491221, "activity_lines": [ 14.752, 14.892473, 15.223324, 15.566456 ] }, { "date": "2025-03-21", "close": 14.658, "volume": 91, "typical_volume": 335.55, "trend": 15.868867, "fair_value": 17.950359, "relative_strength": -20.926736, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.744053, "energy": 72.051117, "activity_lines": [ 14.696, 14.827055, 15.1346, 15.485673 ] }, { "date": "2025-03-28", "close": 14.118, "volume": 557, "typical_volume": 335.95, "trend": 15.8096, "fair_value": 17.909151, "relative_strength": -22.770816, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -84.994405, "energy": 88.831511, "activity_lines": [ 14.4732, 14.676691, 15.006552, 15.372714 ] }, { "date": "2025-04-04", "close": 12.94, "volume": 179, "typical_volume": 325.55, "trend": 15.706067, "fair_value": 17.856287, "relative_strength": -20.387588, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -95.745001, "energy": 95.777585, "activity_lines": [ 13.9176, 14.3352, 14.776229, 15.187579 ] }, { "date": "2025-04-11", "close": 12.28, "volume": 295, "typical_volume": 333.2, "trend": 15.580533, "fair_value": 17.79759, "relative_strength": -22.554164, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -97.843577, "energy": 98.732114, "activity_lines": [ 13.2956, 13.913345, 14.498552, 14.966542 ] }, { "date": "2025-04-18", "close": 12.752, "volume": 137, "typical_volume": 332.55, "trend": 15.455933, "fair_value": 17.745031, "relative_strength": -23.472462, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -79.476073, "energy": 91.999063, "activity_lines": [ 12.972933, 13.629345, 14.285029, 14.784056 ] }, { "date": "2025-04-25", "close": 13.218, "volume": 155, "typical_volume": 319.15, "trend": 15.346867, "fair_value": 17.698361, "relative_strength": -23.167043, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -68.453067, "energy": 87.998925, "activity_lines": [ 12.929067, 13.4712, 14.13479, 14.639673 ] }, { "date": "2025-05-02", "close": 13.708, "volume": 660, "typical_volume": 318.35, "trend": 15.2198, "fair_value": 17.657643, "relative_strength": -21.804303, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.322305, "energy": 66.604728, "activity_lines": [ 13.144533, 13.431927, 14.045905, 14.53394 ] }, { "date": "2025-05-09", "close": 13.708, "volume": 0, "typical_volume": 286.25, "trend": 15.095133, "fair_value": 17.617748, "relative_strength": -23.341463, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.761693, "energy": 56.564598, "activity_lines": [ 13.387333, 13.416436, 13.970229, 14.436404 ] }, { "date": "2025-05-16", "close": 15.422, "volume": 159, "typical_volume": 294.2, "trend": 15.047867, "fair_value": 17.59579, "relative_strength": -16.045515, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -6.844045, "energy": 21.066017, "activity_lines": [ 14.150267, 13.740509, 14.065848, 14.457492 ] }, { "date": "2025-05-23", "close": 14.76, "volume": 300, "typical_volume": 309.2, "trend": 14.978533, "fair_value": 17.567713, "relative_strength": -16.741821, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -9.638305, "energy": 27.488866, "activity_lines": [ 14.483067, 13.925818, 14.098314, 14.43892 ] }, { "date": "2025-05-30", "close": 14.48, "volume": 154, "typical_volume": 299.35, "trend": 14.887867, "fair_value": 17.537441, "relative_strength": -19.031536, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -13.699524, "energy": 30.350225, "activity_lines": [ 14.588667, 14.057382, 14.107162, 14.406757 ] }, { "date": "2025-06-06", "close": 14.48, "volume": 0, "typical_volume": 299.35, "trend": 14.830533, "fair_value": 17.507757, "relative_strength": -19.488884, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -1.008189, "energy": 28.160444, "activity_lines": [ 14.610133, 14.192182, 14.120324, 14.380443 ] }, { "date": "2025-06-13", "close": 15.222, "volume": 28, "typical_volume": 231.2, "trend": 14.798067, "fair_value": 17.485779, "relative_strength": -12.19283, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 34.401865, "energy": 36.619011, "activity_lines": [ 14.827467, 14.455309, 14.208467, 14.405699 ] }, { "date": "2025-06-20", "close": 14.842, "volume": 183, "typical_volume": 237.85, "trend": 14.749067, "fair_value": 17.4606, "relative_strength": -13.371272, "stage": 4, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 21.427782, "energy": 29.833336, "activity_lines": [ 14.8172, 14.607855, 14.259933, 14.408533 ] }, { "date": "2025-06-27", "close": 14.952, "volume": 22, "typical_volume": 217.9, "trend": 14.690067, "fair_value": 17.436934, "relative_strength": -13.346724, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 24.799054, "energy": 34.67135, "activity_lines": [ 14.882267, 14.733818, 14.323305, 14.421626 ] }, { "date": "2025-07-04", "close": 15.606, "volume": 26, "typical_volume": 214.1, "trend": 14.666867, "fair_value": 17.419822, "relative_strength": -8.886594, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 43.141366, "energy": 57.285041, "activity_lines": [ 15.152533, 14.938691, 14.449257, 14.480718 ] }, { "date": "2025-07-11", "close": 15.87, "volume": 32, "typical_volume": 210.8, "trend": 14.646467, "fair_value": 17.405472, "relative_strength": -8.051399, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 55.745688, "energy": 71.559821, "activity_lines": [ 15.435733, 15.148145, 14.596781, 14.55834 ] }, { "date": "2025-07-18", "close": 16.875999, "volume": 14, "typical_volume": 202.65, "trend": 14.695667, "fair_value": 17.400615, "relative_strength": -2.443528, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 94.827968, "energy": 96.089578, "activity_lines": [ 15.9616, 15.5012, 14.836048, 14.702181 ] }, { "date": "2025-07-25", "close": 17.186001, "volume": 1097, "typical_volume": 206.2, "trend": 14.7552, "fair_value": 17.398664, "relative_strength": -1.320872, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 92.835269, "energy": 96.829176, "activity_lines": [ 16.480533, 15.853018, 15.097067, 14.862847 ] }, { "date": "2025-08-01", "close": 16.43, "volume": 569, "typical_volume": 232.9, "trend": 14.789533, "fair_value": 17.389937, "relative_strength": -3.389403, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 68.143556, "energy": 87.983997, "activity_lines": [ 16.5912, 16.035309, 15.272867, 14.970899 ] }, { "date": "2025-08-08", "close": 16.535999, "volume": 343, "typical_volume": 245.5, "trend": 14.827867, "fair_value": 17.382313, "relative_strength": -6.264802, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.58755, "energy": 86.495156, "activity_lines": [ 16.638666, 16.206509, 15.450067, 15.083574 ] }, { "date": "2025-08-15", "close": 16.535999, "volume": 0, "typical_volume": 217.65, "trend": 14.8662, "fair_value": 17.374823, "relative_strength": -8.123699, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.321396, "energy": 85.487449, "activity_lines": [ 16.624133, 16.340327, 15.618324, 15.193776 ] }, { "date": "2025-08-22", "close": 18.26, "volume": 3131, "typical_volume": 365.25, "trend": 14.970867, "fair_value": 17.382588, "relative_strength": 0.15017, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 92.832693, "energy": 83.477081, "activity_lines": [ 17.139866, 16.750218, 15.939257, 15.412731 ] }, { "date": "2025-08-29", "close": 18.476, "volume": 1832, "typical_volume": 442.1, "trend": 15.082, "fair_value": 17.392096, "relative_strength": 4.127149, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 90.615259, "energy": 94.033379, "activity_lines": [ 17.635333, 17.144145, 16.255428, 15.638869 ] }, { "date": "2025-09-05", "close": 18.988001, "volume": 4977, "typical_volume": 684.1, "trend": 15.214467, "fair_value": 17.405853, "relative_strength": 8.652371, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 88.437451, "energy": 95.071757, "activity_lines": [ 18.215467, 17.565091, 16.590857, 15.890869 ] }, { "date": "2025-09-12", "close": 19.444, "volume": 1176, "typical_volume": 735.15, "trend": 15.3674, "fair_value": 17.423274, "relative_strength": 8.863351, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 88.614134, "energy": 95.694758, "activity_lines": [ 18.777067, 17.995564, 16.940019, 16.163742 ] }, { "date": "2025-09-19", "close": 20.405001, "volume": 2168, "typical_volume": 810.55, "trend": 15.547033, "fair_value": 17.448542, "relative_strength": 14.962124, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 93.346929, "energy": 97.493419, "activity_lines": [ 19.465134, 18.530982, 17.351057, 16.488748 ] }, { "date": "2025-09-26", "close": 20.709999, "volume": 13291, "typical_volume": 1475.1, "trend": 15.729233, "fair_value": 17.47595, "relative_strength": 15.709477, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 90.729484, "energy": 96.391471, "activity_lines": [ 19.996933, 19.0394, 17.759252, 16.821843 ] }, { "date": "2025-10-03", "close": 23.030001, "volume": 4392, "typical_volume": 1686.75, "trend": 16.016567, "fair_value": 17.522233, "relative_strength": 26.788105, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 98.745833, "energy": 99.263522, "activity_lines": [ 21.138734, 19.899927, 18.355057, 17.29286 ] }, { "date": "2025-10-10", "close": 22.625, "volume": 12183, "typical_volume": 2280.9, "trend": 16.283933, "fair_value": 17.564405, "relative_strength": 27.969879, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 89.507522, "energy": 94.743074, "activity_lines": [ 21.841934, 20.580564, 18.876062, 17.719211 ] }, { "date": "2025-10-17", "close": 23.15, "volume": 12374, "typical_volume": 2891.9, "trend": 16.567, "fair_value": 17.610189, "relative_strength": 31.391797, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 85.856217, "energy": 79.259656, "activity_lines": [ 22.477667, 21.244018, 19.409614, 18.162183 ] }, { "date": "2025-10-24", "close": 27.585199, "volume": 8732, "typical_volume": 3328.5, "trend": 17.015907, "fair_value": 17.691286, "relative_strength": 52.729448, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 99.084235, "energy": 79.571612, "activity_lines": [ 24.344733, 22.593618, 20.324281, 18.873034 ] }, { "date": "2025-10-31", "close": 24.715, "volume": 6013, "typical_volume": 3627.75, "trend": 17.408407, "fair_value": 17.747929, "relative_strength": 34.19374, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.443236, "energy": 68.551707, "activity_lines": [ 24.776386, 23.220469, 20.903189, 19.36975 ] }, { "date": "2025-11-07", "close": 24.35, "volume": 11075, "typical_volume": 4172.35, "trend": 17.81074, "fair_value": 17.800746, "relative_strength": 32.476203, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.892859, "energy": 67.636494, "activity_lines": [ 24.819373, 23.663593, 21.402131, 19.817595 ] }, { "date": "2025-11-14", "close": 24.389999, "volume": 13510, "typical_volume": 4846.75, "trend": 18.198673, "fair_value": 17.853041, "relative_strength": 28.978074, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.982729, "energy": 66.029523, "activity_lines": [ 24.787693, 24.007189, 21.859607, 20.242063 ] }, { "date": "2025-11-21", "close": 21.99, "volume": 6291, "typical_volume": 5160.0, "trend": 18.491073, "fair_value": 17.885616, "relative_strength": 19.767508, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 59.169913, "energy": 52.225049, "activity_lines": [ 23.838346, 23.816203, 22.043568, 20.486665 ] }, { "date": "2025-11-28", "close": 23.59, "volume": 3222, "typical_volume": 5319.5, "trend": 18.820473, "fair_value": 17.930181, "relative_strength": 26.176186, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 45.099206, "energy": 38.967355, "activity_lines": [ 23.499666, 23.869836, 22.349509, 20.815628 ] }, { "date": "2025-12-05", "close": 23.719999, "volume": 2706, "typical_volume": 5454.1, "trend": 19.154207, "fair_value": 17.975064, "relative_strength": 26.216055, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 41.551026, "energy": 33.163699, "activity_lines": [ 23.470666, 23.889196, 22.63107, 21.131726 ] }, { "date": "2025-12-12", "close": 23.379999, "volume": 1307, "typical_volume": 5464.6, "trend": 19.419473, "fair_value": 18.01664, "relative_strength": 23.818239, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 38.770413, "energy": 26.961764, "activity_lines": [ 23.394666, 23.79201, 22.84766, 21.404358 ] }, { "date": "2025-12-19", "close": 23.184999, "volume": 1484, "typical_volume": 5510.35, "trend": 19.700306, "fair_value": 18.056093, "relative_strength": 19.046134, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 39.110838, "energy": 29.017708, "activity_lines": [ 23.318333, 23.653007, 23.016183, 21.647295 ] }, { "date": "2025-12-26", "close": 23.355, "volume": 766, "typical_volume": 5531.5, "trend": 19.99614, "fair_value": 18.096236, "relative_strength": 19.93925, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 37.763052, "energy": 26.828999, "activity_lines": [ 23.378999, 23.53473, 23.168729, 21.883082 ] }, { "date": "2026-01-02", "close": 23.969999, "volume": 2622, "typical_volume": 5662.6, "trend": 20.312473, "fair_value": 18.1404, "relative_strength": 20.607438, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 53.410302, "energy": 31.976899, "activity_lines": [ 23.553666, 23.524545, 23.347376, 22.13946 ] }, { "date": "2026-01-09", "close": 24.635, "volume": 3683, "typical_volume": 5690.2, "trend": 20.62624, "fair_value": 18.188867, "relative_strength": 22.478406, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 60.067016, "energy": 37.533299, "activity_lines": [ 23.924666, 23.700999, 23.553956, 22.418333 ] }, { "date": "2026-01-16", "close": 25.440001, "volume": 12683, "typical_volume": 6232.75, "trend": 20.979506, "fair_value": 18.242579, "relative_strength": 25.536852, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 68.718601, "energy": 47.482155, "activity_lines": [ 24.503, 24.025272, 23.806845, 22.728898 ] }, { "date": "2026-01-23", "close": 26.110001, "volume": 3647, "typical_volume": 6166.25, "trend": 21.35144, "fair_value": 18.300428, "relative_strength": 30.689319, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 76.781035, "energy": 76.63308, "activity_lines": [ 25.167334, 24.451545, 24.090383, 23.059897 ] }, { "date": "2026-01-30", "close": 25.190001, "volume": 5137, "typical_volume": 6364.3, "trend": 21.670907, "fair_value": 18.350717, "relative_strength": 23.423938, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.782511, "energy": 77.892665, "activity_lines": [ 25.330001, 24.679273, 24.252387, 23.307547 ] }, { "date": "2026-02-06", "close": 25.545, "volume": 5903, "typical_volume": 6551.05, "trend": 21.993407, "fair_value": 18.402849, "relative_strength": 23.405667, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.720198, "energy": 75.901729, "activity_lines": [ 25.488667, 24.913364, 24.420838, 23.557488 ] }, { "date": "2026-02-13", "close": 26.254999, "volume": 22275, "typical_volume": 7000.25, "trend": 22.30604, "fair_value": 18.45934, "relative_strength": 27.069446, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 75.138629, "energy": 80.162332, "activity_lines": [ 25.779, 25.241, 24.632432, 23.83243 ] }, { "date": "2026-02-20", "close": 26.625, "volume": 3755, "typical_volume": 6968.4, "trend": 22.620673, "fair_value": 18.517666, "relative_strength": 25.008448, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 77.648201, "energy": 79.229951, "activity_lines": [ 26.084667, 25.589818, 24.85286, 24.111072 ] }, { "date": "2026-02-27", "close": 26.375, "volume": 9380, "typical_volume": 6828.25, "trend": 22.952173, "fair_value": 18.573391, "relative_strength": 21.066735, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 69.648265, "energy": 71.919813, "activity_lines": [ 26.228, 25.834182, 25.032359, 24.353287 ] }, { "date": "2026-03-06", "close": 25.495001, "volume": 4399, "typical_volume": 6429.5, "trend": 23.250807, "fair_value": 18.622135, "relative_strength": 24.077642, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 62.704789, "energy": 53.657611, "activity_lines": [ 26.060334, 25.860546, 25.110191, 24.51734 ] }, { "date": "2026-03-13", "close": 26.34, "volume": 3325, "typical_volume": 6159.15, "trend": 23.577607, "fair_value": 18.676106, "relative_strength": 26.580073, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.623815, "energy": 49.121571, "activity_lines": [ 26.154, 26.001637, 25.257333, 24.716643 ] }, { "date": "2026-03-20", "close": 25.51, "volume": 27766, "typical_volume": 7246.8, "trend": 23.819273, "fair_value": 18.723564, "relative_strength": 25.682822, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 46.369986, "energy": 32.611091, "activity_lines": [ 25.918, 25.948727, 25.331357, 24.841314 ] }, { "date": "2026-03-27", "close": 24.975, "volume": 7901, "typical_volume": 7088.1, "trend": 24.035907, "fair_value": 18.766677, "relative_strength": 20.487523, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 38.246538, "energy": 20.164046, "activity_lines": [ 25.553333, 25.782636, 25.350643, 24.915877 ] }, { "date": "2026-04-03", "close": 25.235001, "volume": 2923, "typical_volume": 6558.75, "trend": 24.24414, "fair_value": 18.810981, "relative_strength": 14.918021, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 33.790794, "energy": 16.920436, "activity_lines": [ 25.385334, 25.672273, 25.391714, 24.993237 ] }, { "date": "2026-04-10", "close": 26.120001, "volume": 17380, "typical_volume": 7113.2, "trend": 24.466673, "fair_value": 18.860702, "relative_strength": 13.14253, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 40.171762, "energy": 18.984313, "activity_lines": [ 25.588334, 25.738728, 25.513048, 25.114261 ] }, { "date": "2026-04-17", "close": 27.16, "volume": 28259, "typical_volume": 8365.05, "trend": 24.69184, "fair_value": 18.916778, "relative_strength": 13.706119, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.283684, "energy": 33.361849, "activity_lines": [ 26.096334, 25.977364, 25.713762, 25.288024 ] }, { "date": "2026-04-24", "close": 27.870001, "volume": 15554, "typical_volume": 9007.45, "trend": 24.930507, "fair_value": 18.976867, "relative_strength": 18.571221, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 71.545839, "energy": 55.670126, "activity_lines": [ 26.786334, 26.315728, 25.965096, 25.493066 ] }, { "date": "2026-05-01", "close": 28.264999, "volume": 3948, "typical_volume": 9139.5, "trend": 25.105007, "fair_value": 19.038788, "relative_strength": 17.733605, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 72.77413, "energy": 71.648643, "activity_lines": [ 27.450667, 26.696546, 26.234286, 25.708195 ] }, { "date": "2026-05-08", "close": 29.855, "volume": 17973, "typical_volume": 9963.95, "trend": 25.346007, "fair_value": 19.110419, "relative_strength": 20.523089, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 84.973726, "energy": 85.578064, "activity_lines": [ 28.425667, 27.336637, 26.631643, 26.014646 ] }, { "date": "2026-05-15", "close": 29.875, "volume": 8705, "typical_volume": 10360.9, "trend": 25.570173, "fair_value": 19.181238, "relative_strength": 19.980064, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 79.791831, "energy": 87.009295, "activity_lines": [ 29.099333, 27.917091, 26.999143, 26.306839 ] }, { "date": "2026-05-22", "close": 31.030001, "volume": 10394, "typical_volume": 10749.5, "trend": 25.685, "fair_value": 19.258681, "relative_strength": 22.450075, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 84.044162, "energy": 90.498218, "activity_lines": [ 29.907667, 28.627909, 27.445596, 26.659086 ] }, { "date": "2026-05-29", "close": 31.535, "volume": 17040, "typical_volume": 11417.35, "trend": 25.912333, "fair_value": 19.338397, "relative_strength": 21.902549, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 81.723947, "energy": 91.565889, "activity_lines": [ 30.626334, 29.345273, 27.906524, 27.036506 ] }, { "date": "2026-06-05", "close": 29.555, "volume": 3200, "typical_volume": 10943.2, "trend": 26.085833, "fair_value": 19.404311, "relative_strength": 13.582387, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.425179, "energy": 74.843595, "activity_lines": [ 30.440667, 29.593091, 28.146024, 27.271516 ] }, { "date": "2026-06-12", "close": 28.629999, "volume": 371, "typical_volume": 10779.4, "trend": 26.227167, "fair_value": 19.46345, "relative_strength": 5.936421, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.007945, "energy": 54.310714, "activity_lines": [ 29.860666, 29.589454, 28.277833, 27.435656 ] }, { "date": "2026-06-19", "close": 29.1, "volume": 213, "typical_volume": 10533.2, "trend": 26.464167, "fair_value": 19.50204, "relative_strength": 4.262627, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 49.097155, "energy": 41.355476, "activity_lines": [ 29.519, 29.609545, 28.442405, 27.621 ] }, { "date": "2026-06-26", "close": 27.225, "volume": 1780, "typical_volume": 10327.05, "trend": 26.585333, "fair_value": 19.52861, "relative_strength": -0.00516, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 27.799511, "energy": 24.132985, "activity_lines": [ 28.604, 29.234545, 28.409786, 27.670086 ] }, { "date": "2026-07-03", "close": 27.215, "volume": 765, "typical_volume": 9251.55, "trend": 26.701833, "fair_value": 19.553771, "relative_strength": -3.407313, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 15.744994, "energy": 25.306333, "activity_lines": [ 27.939333, 28.856545, 28.368214, 27.71071 ] }, { "date": "2026-07-10", "close": 25.975, "volume": 5308, "typical_volume": 9329.2, "trend": 26.788333, "fair_value": 19.569732, "relative_strength": -7.774051, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -5.063162, "energy": 25.300807, "activity_lines": [ 27.149333, 28.265, 28.203976, 27.663817 ] }, { "date": "2026-07-17", "close": 24.610001, "volume": 4924, "typical_volume": 9106.4, "trend": 26.835833, "fair_value": 19.577521, "relative_strength": -11.564734, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -45.551884, "energy": 47.917157, "activity_lines": [ 26.143, 27.466909, 27.912833, 27.52328 ] }, { "date": "2026-07-24", "close": 24.5, "volume": 5032, "typical_volume": 9138.05, "trend": 26.874, "fair_value": 19.585213, "relative_strength": -11.984878, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -43.685823, "energy": 68.86293, "activity_lines": [ 25.368, 26.744182, 27.619619, 27.372581 ] }, { "date": "2026-07-31", "close": 23.504999, "volume": 17290, "typical_volume": 9836.3, "trend": 26.8585, "fair_value": 19.592809, "relative_strength": -16.277232, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -48.8412, "energy": 76.90878, "activity_lines": [ 24.568, 25.938273, 27.236381, 27.155226 ] }, { "date": "2026-08-07", "close": 24.82, "volume": 5734, "typical_volume": 8734.7, "trend": 26.864667, "fair_value": 19.611719, "relative_strength": -14.332734, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -40.005042, "energy": 72.564572, "activity_lines": [ 24.454333, 25.508273, 26.991881, 27.02371 ] } ], "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." } } }