{ "ticker": { "uuid": "c44c72e3-b4a8-49f1-9257-4208d7e82cc1", "symbol": "SAJP", "name": "iShares MSCI Japan Screened UCITS ETF USD (Acc)", "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": "deceleration", "architecture_regime_label": "Deceleration", "architecture_modifier": "Recompressing", "architecture_gate": "up", "architecture_direction": 64.714, "architecture_energy": 36.045, "architecture_maturity": 59.641, "architecture_confidence": 80.783, "architecture_tenure": "New", "architecture": { "interpretation": { "headline": "The upward structure remains, but its energy is decelerating.", "body": "Trend remains positive, but Activity or price acceptance is losing strength. This can become a healthy recompression, a re-acceleration, or a Rotation Down." }, "scores": { "balance": 22.19, "rotation_up": 42.76, "upward_expansion": 63.76, "deceleration": 82.47, "rotation_down": 26.92, "downward_expansion": 20.43 }, "activity_lines": [ 9.701533, 9.702182, 9.590886, 9.426508 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.666667 }, "latest_close": 9.971, "trend_reference": 9.240233, "distance_from_trend": 0.079085, "trend_direction": "Improving", "fair_value": 7.314744, "distance_from_fair_value": 0.363137, "fair_value_direction": "Improving", "relative_strength": 2.846957, "relative_strength_direction": "Weakening", "price_momentum": 0.097523, "excess_performance": 0.01464, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.079085, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.054408, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.363137, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.017139, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.02847, "read": "Leading" }, { "label": "Relative strength direction", "positive": false, "value": -0.086508, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.097523, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 1.418334, "read": "Demand-led" } ], "volume": { "latest": 50516, "relative_activity": 0.890638, "balance": 1.418334, "dry_up": 1.149599, "accumulation_observations": 3, "distribution_observations": 3 }, "risk": { "range_context": 0.027781, "annualized_volatility": 0.219822, "from_high_reference": 0.0, "from_low_reference": 0.302547 }, "levels": { "trend_reference": 9.240233, "fair_value_reference": 7.314744, "structural_low": 8.252, "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 12, "median_return": 0.020864, "positive_rate": 0.666667, "directional_follow_through": 0.666667, "median_excess_return": -0.012015, "regime_survival": 0.583333, "best_return": 0.099408, "worst_return": -0.050531, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 5, "median_return": 0.065684, "positive_rate": 0.8, "directional_follow_through": 0.8, "median_excess_return": 0.029974, "regime_survival": 0.2, "best_return": 0.157454, "worst_return": -0.030183, "sufficient": true }, { "horizon": "Extended", "sample_count": 3, "median_return": 0.01632, "positive_rate": 0.666667, "directional_follow_through": 0.666667, "median_excess_return": -0.057698, "regime_survival": 0.0, "best_return": 0.155227, "worst_return": -0.146334, "sufficient": false }, { "horizon": "Full cycle", "sample_count": 3, "median_return": 0.07336, "positive_rate": 0.666667, "directional_follow_through": 0.666667, "median_excess_return": 0.020671, "regime_survival": 0.0, "best_return": 0.201775, "worst_return": -0.287611, "sufficient": false } ], "ledger": [ { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-11-01", "end": "2024-11-15", "tenure": "New", "return": -0.005474, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2024-11-22", "end": "2024-12-06", "tenure": "New", "return": 0.046074, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-12-13", "end": "2025-01-10", "tenure": "Developing", "return": -0.040035, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-01-17", "end": "2025-01-24", "tenure": "New", "return": 0.027774, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-01-31", "end": "2025-02-14", "tenure": "New", "return": 0.006165, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-02-21", "end": "2025-03-21", "tenure": "Developing", "return": 0.021382, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-03-28", "end": "2025-03-28", "tenure": "New", "return": 0.0, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-04-04", "end": "2025-04-11", "tenure": "New", "return": 0.024025, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-04-18", "end": "2025-04-25", "tenure": "New", "return": 0.035227, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-05-02", "end": "2025-05-09", "tenure": "New", "return": 0.015143, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-05-16", "end": "2026-03-20", "tenure": "Extended", "return": 0.171825, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-03-27", "end": "2026-05-01", "tenure": "Developing", "return": 0.086145, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-05-08", "end": "2026-07-24", "tenure": "Developing", "return": 0.011353, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-07-31", "end": "2026-08-07", "tenure": "New", "return": 0.033157, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 5.646, "volume": 4543, "typical_volume": 11941.2, "trend": 5.6717, "fair_value": 5.771067, "relative_strength": 6.74295, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 17.014338, "energy": 11.393205, "activity_lines": [ 5.830133, 5.8748, 5.853648, 5.774028 ] }, { "date": "2023-08-25", "close": 5.69, "volume": 4043, "typical_volume": 11736.3, "trend": 5.675867, "fair_value": 5.773599, "relative_strength": 6.244001, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 0.354852, "energy": 16.636511, "activity_lines": [ 5.7656, 5.836436, 5.844143, 5.775209 ] }, { "date": "2023-09-01", "close": 5.922, "volume": 7207, "typical_volume": 11968.55, "trend": 5.687467, "fair_value": 5.777888, "relative_strength": 9.061251, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 22.576805, "energy": 21.394018, "activity_lines": [ 5.794733, 5.847273, 5.85581, 5.791088 ] }, { "date": "2023-09-08", "close": 5.844, "volume": 4177, "typical_volume": 11912.3, "trend": 5.698367, "fair_value": 5.781138, "relative_strength": 8.548307, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 12.137426, "energy": 15.897922, "activity_lines": [ 5.809133, 5.842527, 5.858357, 5.801187 ] }, { "date": "2023-09-15", "close": 6.027, "volume": 4416, "typical_volume": 11871.7, "trend": 5.7201, "fair_value": 5.785035, "relative_strength": 9.121735, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 51.206364, "energy": 27.223148, "activity_lines": [ 5.886867, 5.871091, 5.877014, 5.822389 ] }, { "date": "2023-09-22", "close": 5.887, "volume": 3264, "typical_volume": 11639.85, "trend": 5.738967, "fair_value": 5.788599, "relative_strength": 8.087522, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 36.39071, "energy": 28.82797, "activity_lines": [ 5.907267, 5.871109, 5.880057, 5.833157 ] }, { "date": "2023-09-29", "close": 5.767, "volume": 23215, "typical_volume": 12626.85, "trend": 5.752233, "fair_value": 5.791208, "relative_strength": 6.055388, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 21.152039, "energy": 15.820842, "activity_lines": [ 5.8716, 5.850782, 5.870381, 5.834966 ] }, { "date": "2023-10-06", "close": 5.638, "volume": 7485, "typical_volume": 12088.35, "trend": 5.7604, "fair_value": 5.792599, "relative_strength": 4.659812, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": -4.765624, "energy": 6.357808, "activity_lines": [ 5.7878, 5.810055, 5.848152, 5.827596 ] }, { "date": "2023-10-13", "close": 5.701, "volume": 3301, "typical_volume": 11500.45, "trend": 5.772867, "fair_value": 5.794728, "relative_strength": 4.929477, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -19.583905, "energy": 26.362407, "activity_lines": [ 5.743933, 5.789018, 5.832638, 5.823763 ] }, { "date": "2023-10-20", "close": 5.565, "volume": 3922, "typical_volume": 10910.15, "trend": 5.7786, "fair_value": 5.795779, "relative_strength": 7.451277, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -42.353925, "energy": 51.234647, "activity_lines": [ 5.664267, 5.746491, 5.804152, 5.810353 ] }, { "date": "2023-10-27", "close": 5.514, "volume": 8303, "typical_volume": 10754.65, "trend": 5.778367, "fair_value": 5.797035, "relative_strength": 6.32268, "stage": 2, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -46.487139, "energy": 64.113759, "activity_lines": [ 5.5984, 5.700182, 5.772257, 5.793282 ] }, { "date": "2023-11-03", "close": 5.912, "volume": 27794, "typical_volume": 9896.75, "trend": 5.792233, "fair_value": 5.798894, "relative_strength": 10.727534, "stage": 2, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -13.176042, "energy": 30.6703, "activity_lines": [ 5.690067, 5.728636, 5.780233, 5.801903 ] }, { "date": "2023-11-10", "close": 5.71, "volume": 3527, "typical_volume": 9511.8, "trend": 5.797, "fair_value": 5.798926, "relative_strength": 6.871002, "stage": 2, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -49.856688, "energy": 29.128528, "activity_lines": [ 5.704733, 5.716327, 5.769752, 5.796598 ] }, { "date": "2023-11-17", "close": 5.921, "volume": 5090, "typical_volume": 9308.05, "trend": 5.8088, "fair_value": 5.799208, "relative_strength": 8.59495, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -15.731808, "energy": 11.601456, "activity_lines": [ 5.784933, 5.746236, 5.78001, 5.804598 ] }, { "date": "2023-11-24", "close": 5.932, "volume": 31110, "typical_volume": 10339.75, "trend": 5.8216, "fair_value": 5.798471, "relative_strength": 7.082758, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 9.567192, "energy": 20.180306, "activity_lines": [ 5.854133, 5.776745, 5.790957, 5.812546 ] }, { "date": "2023-12-01", "close": 5.95, "volume": 12071, "typical_volume": 10747.35, "trend": 5.832733, "fair_value": 5.797958, "relative_strength": 7.031858, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 20.946951, "energy": 25.481119, "activity_lines": [ 5.904867, 5.812255, 5.803262, 5.82083 ] }, { "date": "2023-12-08", "close": 5.971, "volume": 13818, "typical_volume": 10954.75, "trend": 5.8414, "fair_value": 5.797683, "relative_strength": 5.358148, "stage": 2, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 25.90457, "energy": 38.516659, "activity_lines": [ 5.933533, 5.850436, 5.817652, 5.829751 ] }, { "date": "2023-12-15", "close": 6.101, "volume": 48885, "typical_volume": 11499.3, "trend": 5.851833, "fair_value": 5.797484, "relative_strength": 6.2286, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 37.378299, "energy": 55.65732, "activity_lines": [ 6.0016, 5.908545, 5.844252, 5.846499 ] }, { "date": "2023-12-22", "close": 6.082, "volume": 12880, "typical_volume": 11732.6, "trend": 5.864667, "fair_value": 5.797554, "relative_strength": 6.004033, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 42.835948, "energy": 60.021508, "activity_lines": [ 6.037267, 5.954782, 5.868995, 5.861348 ] }, { "date": "2023-12-29", "close": 6.195, "volume": 12518, "typical_volume": 12078.45, "trend": 5.875533, "fair_value": 5.797394, "relative_strength": 7.822499, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 78.450561, "energy": 76.989678, "activity_lines": [ 6.099867, 6.014636, 5.903533, 5.88266 ] }, { "date": "2024-01-05", "close": 6.093, "volume": 10620, "typical_volume": 12382.3, "trend": 5.881067, "fair_value": 5.795798, "relative_strength": 5.238912, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.79246, "energy": 73.986767, "activity_lines": [ 6.110933, 6.044491, 5.926795, 5.89669 ] }, { "date": "2024-01-12", "close": 6.43, "volume": 24500, "typical_volume": 13405.15, "trend": 5.892867, "fair_value": 5.796266, "relative_strength": 10.263137, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 89.561852, "energy": 88.282575, "activity_lines": [ 6.2248, 6.125091, 5.980024, 5.932105 ] }, { "date": "2024-01-19", "close": 6.333, "volume": 37561, "typical_volume": 14922.85, "trend": 5.909133, "fair_value": 5.79626, "relative_strength": 8.983341, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 74.792618, "energy": 84.12787, "activity_lines": [ 6.275733, 6.178636, 6.02049, 5.960501 ] }, { "date": "2024-01-26", "close": 6.336, "volume": 21086, "typical_volume": 15768.3, "trend": 5.925467, "fair_value": 5.797401, "relative_strength": 6.485048, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 69.862104, "energy": 81.24178, "activity_lines": [ 6.3122, 6.2214, 6.059286, 5.988041 ] }, { "date": "2024-02-02", "close": 6.403, "volume": 68130, "typical_volume": 18954.0, "trend": 5.943667, "fair_value": 5.797683, "relative_strength": 8.737085, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 75.794781, "energy": 89.139492, "activity_lines": [ 6.354067, 6.2688, 6.102119, 6.018849 ] }, { "date": "2024-02-09", "close": 6.415, "volume": 25123, "typical_volume": 20046.95, "trend": 5.958567, "fair_value": 5.796747, "relative_strength": 10.061392, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 72.824998, "energy": 86.904512, "activity_lines": [ 6.386067, 6.309818, 6.144305, 6.049258 ] }, { "date": "2024-02-16", "close": 6.579, "volume": 8999, "typical_volume": 19336.15, "trend": 5.980033, "fair_value": 5.796978, "relative_strength": 10.268986, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 89.675143, "energy": 94.170449, "activity_lines": [ 6.451267, 6.3722, 6.199595, 6.089286 ] }, { "date": "2024-02-23", "close": 6.625, "volume": 56163, "typical_volume": 21770.05, "trend": 5.997833, "fair_value": 5.799138, "relative_strength": 8.843744, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 86.347455, "energy": 93.415985, "activity_lines": [ 6.521867, 6.431891, 6.2554, 6.130897 ] }, { "date": "2024-03-01", "close": 6.764, "volume": 19677, "typical_volume": 22588.85, "trend": 6.027333, "fair_value": 5.802837, "relative_strength": 10.717767, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 90.435789, "energy": 94.732821, "activity_lines": [ 6.619333, 6.507327, 6.319743, 6.180327 ] }, { "date": "2024-03-08", "close": 6.892, "volume": 10630, "typical_volume": 22924.25, "trend": 6.0615, "fair_value": 5.806625, "relative_strength": 10.964467, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 91.951645, "energy": 96.107304, "activity_lines": [ 6.730933, 6.593636, 6.391214, 6.236112 ] }, { "date": "2024-03-15", "close": 6.721, "volume": 29915, "typical_volume": 24004.85, "trend": 6.097333, "fair_value": 5.808298, "relative_strength": 7.656431, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.248857, "energy": 81.112304, "activity_lines": [ 6.752933, 6.636182, 6.440081, 6.27866 ] }, { "date": "2024-03-22", "close": 6.955, "volume": 29172, "typical_volume": 24073.75, "trend": 6.1395, "fair_value": 5.81192, "relative_strength": 11.276226, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 85.086683, "energy": 81.200051, "activity_lines": [ 6.832533, 6.709855, 6.505486, 6.333994 ] }, { "date": "2024-03-29", "close": 6.883, "volume": 31057, "typical_volume": 25450.25, "trend": 6.171533, "fair_value": 5.815593, "relative_strength": 9.037405, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 71.06294, "energy": 68.613112, "activity_lines": [ 6.863067, 6.760891, 6.559067, 6.381961 ] }, { "date": "2024-04-05", "close": 6.702, "volume": 23123, "typical_volume": 26351.9, "trend": 6.200133, "fair_value": 5.817683, "relative_strength": 7.97596, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.068813, "energy": 63.615242, "activity_lines": [ 6.816067, 6.769018, 6.589824, 6.416185 ] }, { "date": "2024-04-12", "close": 6.717, "volume": 8348, "typical_volume": 25213.8, "trend": 6.223133, "fair_value": 5.819542, "relative_strength": 8.936798, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.120158, "energy": 61.852392, "activity_lines": [ 6.7782, 6.773218, 6.61829, 6.449531 ] }, { "date": "2024-04-19", "close": 6.406, "volume": 18579, "typical_volume": 25539.2, "trend": 6.240433, "fair_value": 5.819984, "relative_strength": 4.356749, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 32.894882, "energy": 28.94429, "activity_lines": [ 6.648333, 6.715164, 6.6134, 6.461329 ] }, { "date": "2024-04-26", "close": 6.434, "volume": 29394, "typical_volume": 26318.0, "trend": 6.262667, "fair_value": 5.82133, "relative_strength": 4.067886, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 21.871982, "energy": 30.579635, "activity_lines": [ 6.5488, 6.662364, 6.609005, 6.473817 ] }, { "date": "2024-05-03", "close": 6.586, "volume": 20907, "typical_volume": 24919.1, "trend": 6.294267, "fair_value": 5.823189, "relative_strength": 6.830776, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 22.879537, "energy": 29.257361, "activity_lines": [ 6.534667, 6.639836, 6.616881, 6.494677 ] }, { "date": "2024-05-10", "close": 6.57, "volume": 11454, "typical_volume": 24847.8, "trend": 6.323233, "fair_value": 5.825984, "relative_strength": 1.978653, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 9.669676, "energy": 22.875654, "activity_lines": [ 6.535, 6.615109, 6.620924, 6.512467 ] }, { "date": "2024-05-17", "close": 6.615, "volume": 16945, "typical_volume": 25069.15, "trend": 6.358233, "fair_value": 5.828394, "relative_strength": 0.079198, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 12.898744, "energy": 15.09203, "activity_lines": [ 6.559133, 6.602091, 6.626929, 6.53129 ] }, { "date": "2024-05-24", "close": 6.562, "volume": 16579, "typical_volume": 25367.1, "trend": 6.393167, "fair_value": 5.82999, "relative_strength": -0.019382, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 15.327092, "energy": 11.397089, "activity_lines": [ 6.5724, 6.584473, 6.625886, 6.544437 ] }, { "date": "2024-05-31", "close": 6.598, "volume": 83589, "typical_volume": 28321.55, "trend": 6.416033, "fair_value": 5.831561, "relative_strength": -0.17906, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 25.918195, "energy": 15.817362, "activity_lines": [ 6.587267, 6.576291, 6.626038, 6.557652 ] }, { "date": "2024-06-07", "close": 6.646, "volume": 19267, "typical_volume": 27406.85, "trend": 6.447233, "fair_value": 5.833304, "relative_strength": -1.589933, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 32.678316, "energy": 19.992777, "activity_lines": [ 6.6072, 6.583327, 6.629962, 6.572488 ] }, { "date": "2024-06-14", "close": 6.5, "volume": 16016, "typical_volume": 27153.35, "trend": 6.466533, "fair_value": 5.835035, "relative_strength": -2.092972, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 13.79786, "energy": 8.677952, "activity_lines": [ 6.574467, 6.568127, 6.61849, 6.575892 ] }, { "date": "2024-06-21", "close": 6.432, "volume": 65162, "typical_volume": 27004.95, "trend": 6.4832, "fair_value": 5.835798, "relative_strength": -2.910657, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": -6.590026, "energy": 13.532995, "activity_lines": [ 6.523733, 6.544236, 6.599762, 6.573665 ] }, { "date": "2024-06-28", "close": 6.613, "volume": 19594, "typical_volume": 26728.5, "trend": 6.5053, "fair_value": 5.83808, "relative_strength": -0.135374, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 14.271248, "energy": 11.574877, "activity_lines": [ 6.545533, 6.558436, 6.598133, 6.582039 ] }, { "date": "2024-07-05", "close": 6.788, "volume": 57344, "typical_volume": 29145.75, "trend": 6.532533, "fair_value": 5.841228, "relative_strength": 2.306755, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 51.79221, "energy": 21.657994, "activity_lines": [ 6.622267, 6.600691, 6.612229, 6.600277 ] }, { "date": "2024-07-12", "close": 6.869, "volume": 34633, "typical_volume": 28069.25, "trend": 6.558133, "fair_value": 5.845202, "relative_strength": 0.457361, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 72.070322, "energy": 54.797846, "activity_lines": [ 6.713333, 6.651236, 6.633043, 6.621985 ] }, { "date": "2024-07-19", "close": 6.807, "volume": 15164, "typical_volume": 27843.6, "trend": 6.5823, "fair_value": 5.848657, "relative_strength": 1.014606, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 64.400788, "energy": 65.513993, "activity_lines": [ 6.768867, 6.685364, 6.64679, 6.638041 ] }, { "date": "2024-07-26", "close": 6.631, "volume": 138618, "typical_volume": 34243.0, "trend": 6.596833, "fair_value": 5.851413, "relative_strength": -2.156117, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 53.50627, "energy": 55.836768, "activity_lines": [ 6.745267, 6.683182, 6.643571, 6.641183 ] }, { "date": "2024-08-02", "close": 6.346, "volume": 34059, "typical_volume": 34450.2, "trend": 6.605267, "fair_value": 5.851875, "relative_strength": -3.491397, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": -3.610943, "energy": 4.062479, "activity_lines": [ 6.6134, 6.628891, 6.614452, 6.625 ] }, { "date": "2024-08-09", "close": 6.312, "volume": 54278, "typical_volume": 35705.5, "trend": 6.601333, "fair_value": 5.85167, "relative_strength": -3.939251, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "mixed", "direction": -38.970976, "energy": 31.530855, "activity_lines": [ 6.488, 6.572345, 6.583881, 6.60608 ] }, { "date": "2024-08-16", "close": 6.699, "volume": 14848, "typical_volume": 34895.05, "trend": 6.613533, "fair_value": 5.855272, "relative_strength": -0.848468, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "down", "direction": -36.661986, "energy": 29.438684, "activity_lines": [ 6.523333, 6.591364, 6.593229, 6.612381 ] }, { "date": "2024-08-23", "close": 6.906, "volume": 30256, "typical_volume": 35251.7, "trend": 6.632533, "fair_value": 5.859247, "relative_strength": 0.761503, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 11.21225, "energy": 10.446314, "activity_lines": [ 6.639, 6.647055, 6.623167, 6.631249 ] }, { "date": "2024-08-30", "close": 7.019, "volume": 27848, "typical_volume": 36226.7, "trend": 6.653067, "fair_value": 5.862048, "relative_strength": 1.571857, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 67.928864, "energy": 54.671797, "activity_lines": [ 6.785733, 6.715909, 6.662895, 6.656183 ] }, { "date": "2024-09-06", "close": 6.685, "volume": 54474, "typical_volume": 38021.45, "trend": 6.662067, "fair_value": 5.861221, "relative_strength": 0.934238, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 23.906069, "energy": 28.664242, "activity_lines": [ 6.795267, 6.713364, 6.669376, 6.658243 ] }, { "date": "2024-09-13", "close": 6.781, "volume": 31517, "typical_volume": 38127.6, "trend": 6.6688, "fair_value": 5.861208, "relative_strength": 1.198326, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 25.566259, "energy": 37.852656, "activity_lines": [ 6.8142, 6.726964, 6.683671, 6.665916 ] }, { "date": "2024-09-20", "close": 6.922, "volume": 12688, "typical_volume": 37716.65, "trend": 6.6787, "fair_value": 5.862497, "relative_strength": 4.032255, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 61.634295, "energy": 56.860502, "activity_lines": [ 6.848867, 6.766327, 6.709743, 6.682252 ] }, { "date": "2024-09-27", "close": 6.939, "volume": 108122, "typical_volume": 42550.05, "trend": 6.684533, "fair_value": 5.865849, "relative_strength": 1.586356, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 59.43105, "energy": 41.012386, "activity_lines": [ 6.874333, 6.807818, 6.735833, 6.699045 ] }, { "date": "2024-10-04", "close": 6.917, "volume": 66443, "typical_volume": 45024.95, "trend": 6.685367, "fair_value": 5.869881, "relative_strength": 3.064429, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 57.296859, "energy": 43.353355, "activity_lines": [ 6.890267, 6.842909, 6.758071, 6.714043 ] }, { "date": "2024-10-11", "close": 6.85, "volume": 80888, "typical_volume": 48240.4, "trend": 6.689667, "fair_value": 5.872824, "relative_strength": 0.606508, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 53.123346, "energy": 37.628258, "activity_lines": [ 6.890667, 6.860618, 6.77249, 6.724665 ] }, { "date": "2024-10-18", "close": 6.786, "volume": 35033, "typical_volume": 45812.6, "trend": 6.684033, "fair_value": 5.87576, "relative_strength": -1.771767, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 50.231139, "energy": 28.946522, "activity_lines": [ 6.858733, 6.857527, 6.779443, 6.73088 ] }, { "date": "2024-10-25", "close": 6.539, "volume": 25884, "typical_volume": 46143.45, "trend": 6.672567, "fair_value": 5.877324, "relative_strength": -4.246546, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 14.589058, "energy": 10.626872, "activity_lines": [ 6.744133, 6.800909, 6.761976, 6.721523 ] }, { "date": "2024-11-01", "close": 6.576, "volume": 130607, "typical_volume": 51873.0, "trend": 6.668367, "fair_value": 5.877792, "relative_strength": -1.928925, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -7.658212, "energy": 16.70469, "activity_lines": [ 6.6674, 6.753927, 6.748543, 6.715292 ] }, { "date": "2024-11-08", "close": 6.714, "volume": 74317, "typical_volume": 52330.75, "trend": 6.668267, "fair_value": 5.879356, "relative_strength": 1.469561, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -10.946893, "energy": 21.361376, "activity_lines": [ 6.660867, 6.738036, 6.74789, 6.718237 ] }, { "date": "2024-11-15", "close": 6.54, "volume": 21154, "typical_volume": 52408.75, "trend": 6.672733, "fair_value": 5.87976, "relative_strength": 0.252839, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -27.793114, "energy": 38.892333, "activity_lines": [ 6.609867, 6.696055, 6.729324, 6.709961 ] }, { "date": "2024-11-22", "close": 6.533, "volume": 92588, "typical_volume": 54170.95, "trend": 6.676033, "fair_value": 5.881599, "relative_strength": -0.661149, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -27.563967, "energy": 47.735097, "activity_lines": [ 6.5772, 6.655436, 6.710438, 6.700946 ] }, { "date": "2024-11-29", "close": 6.681, "volume": 37551, "typical_volume": 54316.85, "trend": 6.6792, "fair_value": 5.884599, "relative_strength": 1.10324, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -17.209909, "energy": 27.670502, "activity_lines": [ 6.610733, 6.646236, 6.706862, 6.701267 ] }, { "date": "2024-12-06", "close": 6.834, "volume": 33925, "typical_volume": 55254.9, "trend": 6.688, "fair_value": 5.887933, "relative_strength": 3.1301, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": 16.10905, "energy": 12.098036, "activity_lines": [ 6.6858, 6.669236, 6.718752, 6.711254 ] }, { "date": "2024-12-13", "close": 6.769, "volume": 36951, "typical_volume": 50171.55, "trend": 6.693133, "fair_value": 5.890644, "relative_strength": 2.783922, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 15.861583, "energy": 12.550627, "activity_lines": [ 6.722, 6.682327, 6.724324, 6.71648 ] }, { "date": "2024-12-20", "close": 6.428, "volume": 64338, "typical_volume": 51685.5, "trend": 6.688667, "fair_value": 5.891401, "relative_strength": 0.193526, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -29.282613, "energy": 14.802948, "activity_lines": [ 6.640867, 6.636109, 6.696762, 6.699374 ] }, { "date": "2024-12-27", "close": 6.702, "volume": 34596, "typical_volume": 50701.4, "trend": 6.692133, "fair_value": 5.894029, "relative_strength": 2.544517, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -2.068108, "energy": 4.858177, "activity_lines": [ 6.658533, 6.647382, 6.694905, 6.700234 ] }, { "date": "2025-01-03", "close": 6.569, "volume": 29603, "typical_volume": 51439.15, "trend": 6.689567, "fair_value": 5.896144, "relative_strength": 0.139945, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -23.315538, "energy": 22.476598, "activity_lines": [ 6.6206, 6.636, 6.678524, 6.69229 ] }, { "date": "2025-01-10", "close": 6.498, "volume": 31561, "typical_volume": 51504.4, "trend": 6.6895, "fair_value": 5.89733, "relative_strength": -2.280497, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -57.783582, "energy": 50.92083, "activity_lines": [ 6.566467, 6.611164, 6.656, 6.679931 ] }, { "date": "2025-01-17", "close": 6.517, "volume": 20723, "typical_volume": 51148.15, "trend": 6.692333, "fair_value": 5.899766, "relative_strength": -3.535733, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -53.669249, "energy": 45.661136, "activity_lines": [ 6.541067, 6.5912, 6.637229, 6.668802 ] }, { "date": "2025-01-24", "close": 6.698, "volume": 79416, "typical_volume": 52395.25, "trend": 6.695167, "fair_value": 5.90542, "relative_strength": -3.21625, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -43.781667, "energy": 32.866487, "activity_lines": [ 6.5928, 6.607727, 6.638086, 6.669168 ] }, { "date": "2025-01-31", "close": 6.813, "volume": 62453, "typical_volume": 53942.05, "trend": 6.696, "fair_value": 5.910631, "relative_strength": -3.881037, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -11.328953, "energy": 5.94722, "activity_lines": [ 6.664867, 6.642291, 6.649833, 6.67677 ] }, { "date": "2025-02-07", "close": 6.811, "volume": 32688, "typical_volume": 54942.05, "trend": 6.694067, "fair_value": 5.915869, "relative_strength": -3.757208, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 17.876278, "energy": 18.943858, "activity_lines": [ 6.728867, 6.6714, 6.661238, 6.684189 ] }, { "date": "2025-02-14", "close": 6.855, "volume": 30742, "typical_volume": 51073.05, "trend": 6.695667, "fair_value": 5.921458, "relative_strength": -4.839698, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 25.058361, "energy": 30.489245, "activity_lines": [ 6.7914, 6.706145, 6.677362, 6.694572 ] }, { "date": "2025-02-21", "close": 6.875, "volume": 28203, "typical_volume": 49161.05, "trend": 6.7038, "fair_value": 5.928022, "relative_strength": -5.216265, "stage": 3, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 35.770625, "energy": 49.797586, "activity_lines": [ 6.8368, 6.744145, 6.69579, 6.706142 ] }, { "date": "2025-02-28", "close": 6.735, "volume": 37344, "typical_volume": 46983.85, "trend": 6.716767, "fair_value": 5.934561, "relative_strength": -7.320815, "stage": 3, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 20.118406, "energy": 39.9795, "activity_lines": [ 6.811667, 6.754764, 6.701086, 6.708155 ] }, { "date": "2025-03-07", "close": 6.865, "volume": 50997, "typical_volume": 47782.05, "trend": 6.7352, "fair_value": 5.942542, "relative_strength": -5.837173, "stage": 3, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 34.501211, "energy": 39.372897, "activity_lines": [ 6.8274, 6.783436, 6.71931, 6.717718 ] }, { "date": "2025-03-14", "close": 6.92, "volume": 38643, "typical_volume": 48420.0, "trend": 6.742567, "fair_value": 5.949715, "relative_strength": -3.775617, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 37.947763, "energy": 33.167938, "activity_lines": [ 6.858, 6.819145, 6.742395, 6.729641 ] }, { "date": "2025-03-21", "close": 7.022, "volume": 74809, "typical_volume": 45630.1, "trend": 6.746433, "fair_value": 5.957125, "relative_strength": -3.34175, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 74.651684, "energy": 57.932961, "activity_lines": [ 6.915333, 6.867018, 6.773381, 6.747669 ] }, { "date": "2025-03-28", "close": 6.83, "volume": 22422, "typical_volume": 43035.35, "trend": 6.740133, "fair_value": 5.963696, "relative_strength": -4.082127, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 58.492487, "energy": 54.303769, "activity_lines": [ 6.897533, 6.870455, 6.783957, 6.75306 ] }, { "date": "2025-04-04", "close": 6.202, "volume": 127868, "typical_volume": 48371.05, "trend": 6.724033, "fair_value": 5.967708, "relative_strength": -3.823204, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "mixed", "direction": -30.297123, "energy": 20.54066, "activity_lines": [ 6.6734, 6.754018, 6.734171, 6.718342 ] }, { "date": "2025-04-11", "close": 6.351, "volume": 175263, "typical_volume": 52504.8, "trend": 6.7097, "fair_value": 5.973163, "relative_strength": 2.160718, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -56.038714, "energy": 40.810281, "activity_lines": [ 6.534467, 6.673691, 6.700186, 6.694275 ] }, { "date": "2025-04-18", "close": 6.671, "volume": 57963, "typical_volume": 53525.4, "trend": 6.701333, "fair_value": 5.981298, "relative_strength": 3.414816, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -41.797464, "energy": 37.725511, "activity_lines": [ 6.536467, 6.659945, 6.697543, 6.691778 ] }, { "date": "2025-04-25", "close": 6.906, "volume": 254744, "typical_volume": 64566.35, "trend": 6.700233, "fair_value": 5.991067, "relative_strength": 4.497457, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "mixed", "direction": 5.691708, "energy": 19.330115, "activity_lines": [ 6.6334, 6.691473, 6.717329, 6.704983 ] }, { "date": "2025-05-02", "close": 7.0, "volume": 246318, "typical_volume": 75034.7, "trend": 6.703, "fair_value": 6.001939, "relative_strength": 3.271751, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 48.284632, "energy": 21.325506, "activity_lines": [ 6.7694, 6.739164, 6.745724, 6.724323 ] }, { "date": "2025-05-09", "close": 7.106, "volume": 48502, "typical_volume": 74242.9, "trend": 6.711533, "fair_value": 6.013817, "relative_strength": 6.172671, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 67.142829, "energy": 46.659287, "activity_lines": [ 6.9294, 6.803855, 6.783114, 6.750323 ] }, { "date": "2025-05-16", "close": 7.141, "volume": 37982, "typical_volume": 74412.2, "trend": 6.723367, "fair_value": 6.025298, "relative_strength": 4.445793, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 68.254579, "energy": 67.233613, "activity_lines": [ 7.0408, 6.868164, 6.82061, 6.77803 ] }, { "date": "2025-05-23", "close": 7.147, "volume": 210698, "typical_volume": 83466.95, "trend": 6.743633, "fair_value": 6.036215, "relative_strength": 5.570825, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.975564, "energy": 72.931522, "activity_lines": [ 7.101533, 6.928545, 6.856586, 6.805361 ] }, { "date": "2025-05-30", "close": 7.325, "volume": 57899, "typical_volume": 84783.85, "trend": 6.7686, "fair_value": 6.048606, "relative_strength": 7.764851, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 77.684444, "energy": 79.728931, "activity_lines": [ 7.189867, 7.017164, 6.906762, 6.842869 ] }, { "date": "2025-06-06", "close": 7.246, "volume": 37432, "typical_volume": 85619.3, "trend": 6.786333, "fair_value": 6.061202, "relative_strength": 5.244726, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.566941, "energy": 73.934192, "activity_lines": [ 7.223933, 7.085909, 6.945476, 6.873669 ] }, { "date": "2025-06-13", "close": 7.224, "volume": 64607, "typical_volume": 84878.85, "trend": 6.809133, "fair_value": 6.075875, "relative_strength": 6.624055, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 63.683452, "energy": 65.207362, "activity_lines": [ 7.234267, 7.143091, 6.978624, 6.901905 ] }, { "date": "2025-06-20", "close": 7.128, "volume": 36381, "typical_volume": 83575.25, "trend": 6.828967, "fair_value": 6.089388, "relative_strength": 7.400868, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 60.512575, "energy": 47.175567, "activity_lines": [ 7.204733, 7.164236, 7.000124, 6.922477 ] }, { "date": "2025-06-27", "close": 7.444, "volume": 29952, "typical_volume": 83438.45, "trend": 6.8544, "fair_value": 6.105436, "relative_strength": 10.874249, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 74.077062, "energy": 51.192706, "activity_lines": [ 7.2814, 7.228709, 7.050219, 6.962157 ] }, { "date": "2025-07-04", "close": 7.349, "volume": 37612, "typical_volume": 83781.95, "trend": 6.871567, "fair_value": 6.120269, "relative_strength": 9.350334, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.115614, "energy": 52.959708, "activity_lines": [ 7.3066, 7.261855, 7.088252, 6.994067 ] }, { "date": "2025-07-11", "close": 7.178, "volume": 28801, "typical_volume": 83811.85, "trend": 6.8852, "fair_value": 6.134577, "relative_strength": 6.951203, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 59.919902, "energy": 54.487903, "activity_lines": [ 7.2732, 7.255855, 7.107648, 7.013837 ] }, { "date": "2025-07-18", "close": 7.149, "volume": 112189, "typical_volume": 87554.1, "trend": 6.909233, "fair_value": 6.14734, "relative_strength": 5.979044, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 48.82383, "energy": 51.631036, "activity_lines": [ 7.234667, 7.241345, 7.122838, 7.030856 ] }, { "date": "2025-07-25", "close": 7.509, "volume": 28036, "typical_volume": 86406.05, "trend": 6.936133, "fair_value": 6.161641, "relative_strength": 11.240587, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 79.884277, "energy": 63.202157, "activity_lines": [ 7.321133, 7.291509, 7.170343, 7.069551 ] }, { "date": "2025-08-01", "close": 7.386, "volume": 69095, "typical_volume": 87928.65, "trend": 6.963367, "fair_value": 6.174987, "relative_strength": 10.188809, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.738374, "energy": 47.924028, "activity_lines": [ 7.3412, 7.312618, 7.203067, 7.098574 ] }, { "date": "2025-08-08", "close": 7.69, "volume": 28115, "typical_volume": 85593.95, "trend": 7.0031, "fair_value": 6.189731, "relative_strength": 13.976555, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 85.706194, "energy": 73.15775, "activity_lines": [ 7.466467, 7.384655, 7.262524, 7.145454 ] }, { "date": "2025-08-15", "close": 7.957, "volume": 62415, "typical_volume": 87593.6, "trend": 7.0511, "fair_value": 6.206974, "relative_strength": 15.480046, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 91.041348, "energy": 94.206687, "activity_lines": [ 7.658, 7.4986, 7.344229, 7.206996 ] }, { "date": "2025-08-22", "close": 7.818, "volume": 20714, "typical_volume": 82235.9, "trend": 7.088433, "fair_value": 6.223577, "relative_strength": 11.406922, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 75.28158, "energy": 89.153571, "activity_lines": [ 7.751267, 7.574345, 7.407329, 7.256473 ] }, { "date": "2025-08-29", "close": 7.743, "volume": 132121, "typical_volume": 80078.8, "trend": 7.119433, "fair_value": 6.241314, "relative_strength": 10.773609, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.606572, "energy": 86.682917, "activity_lines": [ 7.774933, 7.625655, 7.45559, 7.298703 ] }, { "date": "2025-09-05", "close": 7.844, "volume": 24543, "typical_volume": 78407.8, "trend": 7.153867, "fair_value": 6.259561, "relative_strength": 10.289679, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 70.451034, "energy": 84.314993, "activity_lines": [ 7.816667, 7.684145, 7.506843, 7.345449 ] }, { "date": "2025-09-12", "close": 7.99, "volume": 18257, "typical_volume": 66583.45, "trend": 7.1917, "fair_value": 6.27951, "relative_strength": 13.621208, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 78.645717, "energy": 68.669422, "activity_lines": [ 7.876533, 7.761909, 7.566414, 7.399394 ] }, { "date": "2025-09-19", "close": 7.994, "volume": 22398, "typical_volume": 55387.45, "trend": 7.229, "fair_value": 6.300183, "relative_strength": 14.163429, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 74.700151, "energy": 66.378764, "activity_lines": [ 7.917733, 7.828745, 7.621205, 7.451155 ] }, { "date": "2025-09-26", "close": 7.944, "volume": 17248, "typical_volume": 53824.75, "trend": 7.2693, "fair_value": 6.321654, "relative_strength": 14.783081, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.339748, "energy": 65.446778, "activity_lines": [ 7.9398, 7.871655, 7.6665, 7.497284 ] }, { "date": "2025-10-03", "close": 8.085, "volume": 36429, "typical_volume": 53747.1, "trend": 7.309967, "fair_value": 6.342814, "relative_strength": 11.170107, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 76.922112, "energy": 70.86647, "activity_lines": [ 8.000467, 7.925745, 7.721233, 7.54991 ] }, { "date": "2025-10-10", "close": 7.877, "volume": 29897, "typical_volume": 44707.05, "trend": 7.341867, "fair_value": 6.363423, "relative_strength": 8.291835, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.645278, "energy": 57.265116, "activity_lines": [ 7.969, 7.931545, 7.751662, 7.586492 ] }, { "date": "2025-10-17", "close": 8.08, "volume": 40208, "typical_volume": 43822.5, "trend": 7.377133, "fair_value": 6.386321, "relative_strength": 9.33068, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 71.659494, "energy": 56.323058, "activity_lines": [ 8.003, 7.965327, 7.797948, 7.634114 ] }, { "date": "2025-10-24", "close": 8.081, "volume": 12043, "typical_volume": 42553.05, "trend": 7.418833, "fair_value": 6.40801, "relative_strength": 9.624755, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 70.081705, "energy": 57.742617, "activity_lines": [ 8.031333, 7.9922, 7.840733, 7.679525 ] }, { "date": "2025-10-31", "close": 8.247, "volume": 198361, "typical_volume": 49240.75, "trend": 7.487, "fair_value": 6.430577, "relative_strength": 14.460434, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 79.262289, "energy": 61.822617, "activity_lines": [ 8.1092, 8.047, 7.895352, 7.732955 ] }, { "date": "2025-11-07", "close": 8.152, "volume": 34122, "typical_volume": 49127.8, "trend": 7.547033, "fair_value": 6.449846, "relative_strength": 12.21097, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.638788, "energy": 63.626841, "activity_lines": [ 8.1352, 8.076727, 7.936052, 7.775858 ] }, { "date": "2025-11-14", "close": 8.237, "volume": 21351, "typical_volume": 48697.75, "trend": 7.599233, "fair_value": 6.469551, "relative_strength": 10.045604, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 72.57238, "energy": 76.173056, "activity_lines": [ 8.185067, 8.114473, 7.979971, 7.820372 ] }, { "date": "2025-11-21", "close": 7.971, "volume": 38405, "typical_volume": 48737.4, "trend": 7.634733, "fair_value": 6.486776, "relative_strength": 6.252475, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.806616, "energy": 51.75896, "activity_lines": [ 8.122267, 8.096709, 7.994781, 7.844357 ] }, { "date": "2025-11-28", "close": 8.204, "volume": 35852, "typical_volume": 49089.95, "trend": 7.674867, "fair_value": 6.505436, "relative_strength": 7.395064, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.000163, "energy": 49.236035, "activity_lines": [ 8.1444, 8.121655, 8.028819, 7.881084 ] }, { "date": "2025-12-05", "close": 8.251, "volume": 47715, "typical_volume": 45866.25, "trend": 7.713033, "fair_value": 6.524756, "relative_strength": 6.95641, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 69.574698, "energy": 49.046932, "activity_lines": [ 8.174, 8.151327, 8.062448, 7.918254 ] }, { "date": "2025-12-12", "close": 8.331, "volume": 35890, "typical_volume": 46258.95, "trend": 7.7527, "fair_value": 6.54516, "relative_strength": 8.166662, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 72.280887, "energy": 50.459871, "activity_lines": [ 8.23, 8.189964, 8.098448, 7.958123 ] }, { "date": "2025-12-19", "close": 8.217, "volume": 117726, "typical_volume": 48690.5, "trend": 7.788367, "fair_value": 6.564635, "relative_strength": 4.184709, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 59.639043, "energy": 46.921915, "activity_lines": [ 8.236067, 8.2034, 8.119676, 7.988077 ] }, { "date": "2025-12-26", "close": 8.337, "volume": 16731, "typical_volume": 48121.3, "trend": 7.8221, "fair_value": 6.584929, "relative_strength": 4.967065, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.951754, "energy": 49.691005, "activity_lines": [ 8.283467, 8.232473, 8.148376, 8.023473 ] }, { "date": "2026-01-02", "close": 8.349, "volume": 46701, "typical_volume": 47335.6, "trend": 7.858867, "fair_value": 6.605949, "relative_strength": 4.707199, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.908229, "energy": 49.868915, "activity_lines": [ 8.310467, 8.259055, 8.175138, 8.057467 ] }, { "date": "2026-01-09", "close": 8.666, "volume": 191980, "typical_volume": 55898.9, "trend": 7.906933, "fair_value": 6.627038, "relative_strength": 7.10877, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 86.030589, "energy": 72.585235, "activity_lines": [ 8.433467, 8.3384, 8.230224, 8.10954 ] }, { "date": "2026-01-16", "close": 8.759, "volume": 43118, "typical_volume": 51448.75, "trend": 7.9613, "fair_value": 6.648442, "relative_strength": 7.947659, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 87.028545, "energy": 89.673274, "activity_lines": [ 8.5598, 8.427036, 8.290129, 8.164512 ] }, { "date": "2026-01-23", "close": 8.6, "volume": 35348, "typical_volume": 51989.0, "trend": 7.999833, "fair_value": 6.667897, "relative_strength": 7.762748, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.264536, "energy": 81.673806, "activity_lines": [ 8.6046, 8.475727, 8.330052, 8.205718 ] }, { "date": "2026-01-30", "close": 8.785, "volume": 63109, "typical_volume": 54231.6, "trend": 8.0477, "fair_value": 6.688481, "relative_strength": 9.303756, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 78.893177, "energy": 89.367443, "activity_lines": [ 8.685533, 8.551455, 8.383995, 8.256374 ] }, { "date": "2026-02-06", "close": 9.085, "volume": 192091, "typical_volume": 62716.25, "trend": 8.111267, "fair_value": 6.711353, "relative_strength": 10.515385, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 89.316885, "energy": 92.984092, "activity_lines": [ 8.8366, 8.666927, 8.462724, 8.323297 ] }, { "date": "2026-02-13", "close": 9.53, "volume": 62310, "typical_volume": 64969.35, "trend": 8.190633, "fair_value": 6.737987, "relative_strength": 13.890982, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 95.111648, "energy": 95.743656, "activity_lines": [ 9.086933, 8.847291, 8.578638, 8.414828 ] }, { "date": "2026-02-20", "close": 9.213, "volume": 20838, "typical_volume": 64189.8, "trend": 8.247433, "fair_value": 6.762936, "relative_strength": 7.594426, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 72.006752, "energy": 88.320189, "activity_lines": [ 9.174, 8.946764, 8.65681, 8.480787 ] }, { "date": "2026-02-27", "close": 9.472, "volume": 103014, "typical_volume": 67845.65, "trend": 8.316967, "fair_value": 6.789237, "relative_strength": 8.863991, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 81.796654, "energy": 91.569497, "activity_lines": [ 9.317133, 9.077291, 8.754276, 8.559791 ] }, { "date": "2026-03-06", "close": 8.875, "volume": 97783, "typical_volume": 70724.4, "trend": 8.356467, "fair_value": 6.811558, "relative_strength": 8.64478, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.587034, "energy": 62.811908, "activity_lines": [ 9.203133, 9.076455, 8.78729, 8.595794 ] }, { "date": "2026-03-13", "close": 8.526, "volume": 144481, "typical_volume": 77346.3, "trend": 8.375433, "fair_value": 6.832064, "relative_strength": 6.036301, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 41.077974, "energy": 34.547544, "activity_lines": [ 8.9668, 9.002382, 8.783281, 8.606731 ] }, { "date": "2026-03-20", "close": 8.368, "volume": 64243, "typical_volume": 70640.4, "trend": 8.393767, "fair_value": 6.851135, "relative_strength": 7.977759, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 15.933992, "energy": 19.378057, "activity_lines": [ 8.715067, 8.896364, 8.762105, 8.606252 ] }, { "date": "2026-03-27", "close": 8.358, "volume": 55988, "typical_volume": 71733.7, "trend": 8.414267, "fair_value": 6.869321, "relative_strength": 5.281991, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 5.357755, "energy": 25.822687, "activity_lines": [ 8.537467, 8.793945, 8.7394, 8.603944 ] }, { "date": "2026-04-03", "close": 8.535, "volume": 130834, "typical_volume": 77207.85, "trend": 8.4373, "fair_value": 6.888801, "relative_strength": 3.707106, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 3.835664, "energy": 24.567295, "activity_lines": [ 8.475867, 8.731, 8.732571, 8.611733 ] }, { "date": "2026-04-10", "close": 8.967, "volume": 26969, "typical_volume": 76636.05, "trend": 8.469867, "fair_value": 6.910596, "relative_strength": 6.919048, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 20.818445, "energy": 20.368001, "activity_lines": [ 8.620733, 8.747782, 8.765467, 8.645908 ] }, { "date": "2026-04-17", "close": 9.279, "volume": 36843, "typical_volume": 76685.6, "trend": 8.5127, "fair_value": 6.934391, "relative_strength": 8.243819, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 50.269164, "energy": 24.816574, "activity_lines": [ 8.863467, 8.817982, 8.823333, 8.69811 ] }, { "date": "2026-04-24", "close": 8.956, "volume": 117858, "typical_volume": 80192.75, "trend": 8.546433, "fair_value": 6.956237, "relative_strength": 6.189364, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 37.896898, "energy": 28.371364, "activity_lines": [ 8.948333, 8.825927, 8.845319, 8.72671 ] }, { "date": "2026-05-01", "close": 9.078, "volume": 50783, "typical_volume": 80937.4, "trend": 8.579533, "fair_value": 6.978429, "relative_strength": 7.522967, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 45.563812, "energy": 36.080283, "activity_lines": [ 9.034667, 8.866491, 8.875567, 8.761004 ] }, { "date": "2026-05-08", "close": 9.425, "volume": 63328, "typical_volume": 78217.5, "trend": 8.631133, "fair_value": 7.002237, "relative_strength": 11.497802, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 69.919106, "energy": 63.515146, "activity_lines": [ 9.188667, 8.9726, 8.935305, 8.815551 ] }, { "date": "2026-05-15", "close": 9.382, "volume": 86954, "typical_volume": 81728.65, "trend": 8.674533, "fair_value": 7.025276, "relative_strength": 9.558567, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.544847, "energy": 63.801317, "activity_lines": [ 9.269, 9.071745, 8.985195, 8.863994 ] }, { "date": "2026-05-22", "close": 9.398, "volume": 102772, "typical_volume": 84532.2, "trend": 8.718433, "fair_value": 7.049, "relative_strength": 7.094981, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.889566, "energy": 64.621019, "activity_lines": [ 9.327, 9.164582, 9.031633, 8.910669 ] }, { "date": "2026-05-29", "close": 9.597, "volume": 65833, "typical_volume": 78224.85, "trend": 8.763433, "fair_value": 7.072897, "relative_strength": 8.691696, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 73.034093, "energy": 71.575487, "activity_lines": [ 9.4434, 9.277745, 9.092029, 8.967351 ] }, { "date": "2026-06-05", "close": 9.659, "volume": 33418, "typical_volume": 77739.85, "trend": 8.813667, "fair_value": 7.096821, "relative_strength": 10.215212, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 74.257215, "energy": 76.864059, "activity_lines": [ 9.537733, 9.379836, 9.153895, 9.025129 ] }, { "date": "2026-06-12", "close": 9.59, "volume": 3686, "typical_volume": 76156.75, "trend": 8.858767, "fair_value": 7.119346, "relative_strength": 6.546948, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 67.813338, "energy": 75.270918, "activity_lines": [ 9.570333, 9.445727, 9.204905, 9.075215 ] }, { "date": "2026-06-19", "close": 9.959, "volume": 3610, "typical_volume": 73181.8, "trend": 8.925033, "fair_value": 7.145718, "relative_strength": 9.722489, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 84.102689, "energy": 85.464774, "activity_lines": [ 9.714933, 9.559527, 9.286343, 9.146198 ] }, { "date": "2026-06-26", "close": 9.674, "volume": 14714, "typical_volume": 64312.95, "trend": 8.974033, "fair_value": 7.170256, "relative_strength": 3.399501, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.275449, "energy": 74.719867, "activity_lines": [ 9.726067, 9.603473, 9.335048, 9.194518 ] }, { "date": "2026-07-03", "close": 9.849, "volume": 6553, "typical_volume": 61525.1, "trend": 9.0273, "fair_value": 7.195846, "relative_strength": 3.226833, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 71.790806, "energy": 75.503875, "activity_lines": [ 9.777133, 9.672055, 9.397614, 9.250968 ] }, { "date": "2026-07-10", "close": 9.8, "volume": 73419, "typical_volume": 64154.15, "trend": 9.076267, "fair_value": 7.22041, "relative_strength": 3.815082, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.175363, "energy": 71.233232, "activity_lines": [ 9.795067, 9.715491, 9.453995, 9.300819 ] }, { "date": "2026-07-17", "close": 9.334, "volume": 90741, "typical_volume": 63540.5, "trend": 9.1135, "fair_value": 7.242199, "relative_strength": -2.023961, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 49.129626, "energy": 38.536965, "activity_lines": [ 9.648267, 9.661073, 9.4632, 9.317447 ] }, { "date": "2026-07-24", "close": 9.532, "volume": 42350, "typical_volume": 60768.85, "trend": 9.153333, "fair_value": 7.264256, "relative_strength": 0.061716, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 44.197093, "energy": 31.25862, "activity_lines": [ 9.584533, 9.644309, 9.491919, 9.344447 ] }, { "date": "2026-07-31", "close": 9.651, "volume": 77209, "typical_volume": 57405.25, "trend": 9.196733, "fair_value": 7.288436, "relative_strength": 1.034864, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 40.986245, "energy": 24.064517, "activity_lines": [ 9.588933, 9.646455, 9.528843, 9.376555 ] }, { "date": "2026-08-07", "close": 9.971, "volume": 50516, "typical_volume": 56718.9, "trend": 9.240233, "fair_value": 7.314744, "relative_strength": 2.846957, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 64.713587, "energy": 36.044891, "activity_lines": [ 9.701533, 9.702182, 9.590886, 9.426508 ] } ], "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." } } }