{ "ticker": { "uuid": "cab2a66d-ad3d-4cf5-8743-f041a380e7e0", "symbol": "GREAL", "name": "BNP Paribas Easy FTSE EPRA Nareit Developed Europe Green CTB UCITS ETF Cap", "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": 3, "stage_name": "Distribution", "phase": "3a", "phase_label": "Stage 3A \u00b7 Churning", "transition": "stage_3_churning", "transition_label": "Stage 3 range intact", "confidence": 53.933, "architecture_regime": "rotation_up", "architecture_regime_label": "Rotation Up", "architecture_modifier": "Value reclamation", "architecture_gate": "mixed", "architecture_direction": 49.187, "architecture_energy": 65.978, "architecture_maturity": 10.189, "architecture_confidence": 59.68, "architecture_tenure": "New", "architecture": { "interpretation": { "headline": "The Activity Line structure is rotating upward.", "body": "Fast Activity is improving relative to Slow Activity and price acceptance is strengthening. This is earlier than full positive Trend confirmation and remains a developing repair." }, "scores": { "balance": 23.95, "rotation_up": 74.27, "upward_expansion": 63.27, "deceleration": 21.7, "rotation_down": 16.79, "downward_expansion": 21.6 }, "activity_lines": [ 6.985733, 6.922091, 6.833357, 6.828757 ], "activity_state": "Moderate", "activity_direction": "Expanding", "rotation_direction": "Improving", "price_acceptance": 0.833333 }, "latest_close": 7.046, "trend_reference": 6.8583, "distance_from_trend": 0.027368, "trend_direction": "Improving", "fair_value": 6.782096, "distance_from_fair_value": 0.038912, "fair_value_direction": "Improving", "relative_strength": -11.648441, "relative_strength_direction": "Improving", "price_momentum": 0.005136, "excess_performance": -0.165756, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.027368, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.005193, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.038912, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.040238, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.116484, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.027714, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.005136, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 4.249199, "read": "Demand-led" } ], "volume": { "latest": 2, "relative_activity": 0.000588, "balance": 4.249199, "dry_up": 2.272667, "accumulation_observations": 2, "distribution_observations": 1 }, "risk": { "range_context": 0.017249, "annualized_volatility": 0.207593, "from_high_reference": -0.056634, "from_low_reference": 0.122511 }, "levels": { "trend_reference": 6.8583, "fair_value_reference": 6.782096, "structural_low": 6.277, "invalidation": "A decisive breakout above range resistance with renewed RS leadership invalidates the distribution reading; a range-low break confirms deterioration." }, "outcomes": [ { "horizon": "Near term", "sample_count": 9, "median_return": -0.037463, "positive_rate": 0.333333, "directional_follow_through": 0.333333, "median_excess_return": -0.031189, "regime_survival": 0.333333, "best_return": 0.029485, "worst_return": -0.159774, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 6, "median_return": -0.008857, "positive_rate": 0.333333, "directional_follow_through": 0.333333, "median_excess_return": -0.048125, "regime_survival": 0.166667, "best_return": 0.037482, "worst_return": -0.122723, "sufficient": true }, { "horizon": "Extended", "sample_count": 5, "median_return": -0.023066, "positive_rate": 0.4, "directional_follow_through": 0.4, "median_excess_return": -0.081105, "regime_survival": 0.2, "best_return": 0.107577, "worst_return": -0.129643, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 3, "median_return": -0.028948, "positive_rate": 0.0, "directional_follow_through": 0.0, "median_excess_return": -0.178103, "regime_survival": 0.333333, "best_return": -0.022066, "worst_return": -0.028951, "sufficient": false } ], "ledger": [ { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-01-10", "end": "2025-05-09", "tenure": "Established", "return": 0.079071, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-05-16", "end": "2025-06-13", "tenure": "Developing", "return": 0.02382, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-06-20", "end": "2025-07-25", "tenure": "Developing", "return": -0.013535, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-08-01", "end": "2025-09-12", "tenure": "Developing", "return": -0.007297, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-09-19", "end": "2025-10-24", "tenure": "Developing", "return": 0.050646, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-10-31", "end": "2025-11-21", "tenure": "New", "return": -0.043822, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-11-28", "end": "2025-12-05", "tenure": "New", "return": 0.001647, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-12-12", "end": "2026-01-02", "tenure": "New", "return": 0.025388, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2026-01-09", "end": "2026-01-30", "tenure": "New", "return": 0.005866, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-02-06", "end": "2026-03-20", "tenure": "Developing", "return": -0.023966, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2026-03-27", "end": "2026-04-24", "tenure": "Developing", "return": 0.074004, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-05-01", "end": "2026-05-22", "tenure": "New", "return": -0.042482, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-05-29", "end": "2026-07-10", "tenure": "Developing", "return": 0.011936, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2026-07-17", "end": "2026-08-07", "tenure": "New", "return": 0.010034, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 5.847, "volume": 8810, "typical_volume": 12886.5, "trend": 6.094967, "fair_value": 8.488353, "relative_strength": -15.370753, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "down", "direction": 0.474222, "energy": 36.444802, "activity_lines": [ 6.055533, 5.972309, 5.887124, 5.924566 ] }, { "date": "2023-08-25", "close": 5.849, "volume": 18666, "typical_volume": 13744.8, "trend": 6.0539, "fair_value": 8.471147, "relative_strength": -15.848453, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "down", "direction": -10.633419, "energy": 14.254776, "activity_lines": [ 5.973067, 5.966636, 5.885162, 5.908697 ] }, { "date": "2023-09-01", "close": 5.889, "volume": 363, "typical_volume": 12390.95, "trend": 6.0073, "fair_value": 8.453904, "relative_strength": -15.729463, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -23.015743, "energy": 18.87183, "activity_lines": [ 5.924067, 5.968018, 5.88631, 5.898058 ] }, { "date": "2023-09-08", "close": 6.067, "volume": 510, "typical_volume": 12412.4, "trend": 5.972767, "fair_value": 8.437321, "relative_strength": -11.077256, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 14.472431, "energy": 19.26584, "activity_lines": [ 5.952667, 5.994745, 5.904486, 5.90191 ] }, { "date": "2023-09-15", "close": 6.196, "volume": 79, "typical_volume": 12416.35, "trend": 5.9471, "fair_value": 8.420564, "relative_strength": -10.429056, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 31.098939, "energy": 20.189276, "activity_lines": [ 6.030667, 6.034673, 5.935638, 5.916312 ] }, { "date": "2023-09-22", "close": 6.284, "volume": 999, "typical_volume": 11177.3, "trend": 5.9325, "fair_value": 8.406141, "relative_strength": -7.62564, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 76.182051, "energy": 71.939019, "activity_lines": [ 6.135467, 6.078, 5.975248, 5.938047 ] }, { "date": "2023-09-29", "close": 6.284, "volume": 0, "typical_volume": 9145.4, "trend": 5.920267, "fair_value": 8.390859, "relative_strength": -6.070313, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 73.346505, "energy": 80.279147, "activity_lines": [ 6.211133, 6.115691, 6.013129, 5.960725 ] }, { "date": "2023-10-06", "close": 6.284, "volume": 0, "typical_volume": 6437.25, "trend": 5.9245, "fair_value": 8.375577, "relative_strength": -4.186977, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 69.915195, "energy": 81.324345, "activity_lines": [ 6.2578, 6.150964, 6.048581, 5.984191 ] }, { "date": "2023-10-13", "close": 6.284, "volume": 0, "typical_volume": 6368.5, "trend": 5.934167, "fair_value": 8.360455, "relative_strength": -5.187393, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 69.668979, "energy": 86.909671, "activity_lines": [ 6.278133, 6.184036, 6.08129, 6.007385 ] }, { "date": "2023-10-20", "close": 6.005, "volume": 83, "typical_volume": 6372.65, "trend": 5.946067, "fair_value": 8.344288, "relative_strength": -6.122397, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 60.785082, "energy": 63.980691, "activity_lines": [ 6.191, 6.164182, 6.084429, 6.011955 ] }, { "date": "2023-10-27", "close": 5.666, "volume": 641, "typical_volume": 5882.7, "trend": 5.94, "fair_value": 8.325949, "relative_strength": -10.740272, "stage": 1, "regime": "rotation_down", "modifier": "Structural failure", "gate": "up", "direction": -0.566118, "energy": 14.784998, "activity_lines": [ 6.0036, 6.085473, 6.05361, 5.993886 ] }, { "date": "2023-11-03", "close": 6.394, "volume": 38803, "typical_volume": 7818.65, "trend": 5.963067, "fair_value": 8.311429, "relative_strength": -3.774781, "stage": 1, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "up", "direction": 57.318457, "energy": 28.808439, "activity_lines": [ 6.100067, 6.142418, 6.09299, 6.023176 ] }, { "date": "2023-11-10", "close": 6.339, "volume": 4759, "typical_volume": 5238.6, "trend": 5.977533, "fair_value": 8.293526, "relative_strength": -3.548989, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 53.012374, "energy": 25.286652, "activity_lines": [ 6.170867, 6.179455, 6.124481, 6.04743 ] }, { "date": "2023-11-17", "close": 6.699, "volume": 2340, "typical_volume": 5355.6, "trend": 5.993767, "fair_value": 8.276897, "relative_strength": -1.163588, "stage": 1, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 81.838253, "energy": 53.366411, "activity_lines": [ 6.358, 6.273764, 6.186276, 6.093976 ] }, { "date": "2023-11-24", "close": 6.641, "volume": 10028, "typical_volume": 5857.0, "trend": 6.008067, "fair_value": 8.259897, "relative_strength": -1.416263, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 77.622438, "energy": 85.37479, "activity_lines": [ 6.498133, 6.346036, 6.236852, 6.135733 ] }, { "date": "2023-12-01", "close": 6.649, "volume": 4707, "typical_volume": 6027.35, "trend": 6.032333, "fair_value": 8.243051, "relative_strength": -2.598338, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 71.379717, "energy": 85.929391, "activity_lines": [ 6.598533, 6.411673, 6.282771, 6.177084 ] }, { "date": "2023-12-08", "close": 6.649, "volume": 0, "typical_volume": 4773.9, "trend": 6.0615, "fair_value": 8.226205, "relative_strength": -3.676356, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 70.659864, "energy": 87.35416, "activity_lines": [ 6.6334, 6.470673, 6.325476, 6.216869 ] }, { "date": "2023-12-15", "close": 7.187, "volume": 664, "typical_volume": 4738.1, "trend": 6.1108, "fair_value": 8.212224, "relative_strength": 4.623756, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 94.467355, "energy": 96.131609, "activity_lines": [ 6.8306, 6.620855, 6.417048, 6.289482 ] }, { "date": "2023-12-22", "close": 7.253, "volume": 200, "typical_volume": 4748.1, "trend": 6.1641, "fair_value": 8.198667, "relative_strength": 5.91529, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 91.344705, "energy": 95.483728, "activity_lines": [ 6.993267, 6.766618, 6.510029, 6.363172 ] }, { "date": "2023-12-29", "close": 7.345, "volume": 604, "typical_volume": 4612.8, "trend": 6.220467, "fair_value": 8.184897, "relative_strength": 7.51436, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 87.157374, "energy": 94.248318, "activity_lines": [ 7.149667, 6.911491, 6.606581, 6.439359 ] }, { "date": "2024-01-05", "close": 7.149, "volume": 212, "typical_volume": 4182.9, "trend": 6.263833, "fair_value": 8.169929, "relative_strength": 4.633569, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 68.161579, "energy": 85.540496, "activity_lines": [ 7.1938, 6.996364, 6.678814, 6.499265 ] }, { "date": "2024-01-12", "close": 7.117, "volume": 480, "typical_volume": 3273.6, "trend": 6.3065, "fair_value": 8.155212, "relative_strength": 4.460462, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.275643, "energy": 72.166799, "activity_lines": [ 7.193933, 7.048455, 6.7418, 6.554308 ] }, { "date": "2024-01-19", "close": 6.816, "volume": 447, "typical_volume": 3277.8, "trend": 6.350267, "fair_value": 8.139288, "relative_strength": 1.175635, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 62.404719, "energy": 57.212866, "activity_lines": [ 7.062533, 7.032673, 6.770081, 6.587178 ] }, { "date": "2024-01-26", "close": 6.876, "volume": 20000, "typical_volume": 4252.3, "trend": 6.396033, "fair_value": 8.124013, "relative_strength": 2.113553, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 47.184294, "energy": 41.275561, "activity_lines": [ 6.975867, 7.019127, 6.799662, 6.621097 ] }, { "date": "2024-02-02", "close": 6.826, "volume": 114, "typical_volume": 4254.05, "trend": 6.440133, "fair_value": 8.108186, "relative_strength": 0.672986, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 40.839814, "energy": 31.296018, "activity_lines": [ 6.897667, 6.993273, 6.820629, 6.648837 ] }, { "date": "2024-02-09", "close": 6.749, "volume": 50, "typical_volume": 4206.6, "trend": 6.465967, "fair_value": 8.09259, "relative_strength": -1.485446, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 32.769336, "energy": 36.332943, "activity_lines": [ 6.8284, 6.950055, 6.831262, 6.668763 ] }, { "date": "2024-02-16", "close": 6.632, "volume": 1345, "typical_volume": 4273.85, "trend": 6.482, "fair_value": 8.076513, "relative_strength": -4.599948, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 18.270884, "energy": 32.184852, "activity_lines": [ 6.7468, 6.883745, 6.828538, 6.679475 ] }, { "date": "2024-02-23", "close": 6.569, "volume": 301, "typical_volume": 4288.9, "trend": 6.495533, "fair_value": 8.060833, "relative_strength": -7.916544, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -10.527483, "energy": 30.08631, "activity_lines": [ 6.676533, 6.806291, 6.818157, 6.685088 ] }, { "date": "2024-03-01", "close": 6.463, "volume": 2218, "typical_volume": 4399.8, "trend": 6.505533, "fair_value": 8.043378, "relative_strength": -9.702796, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -21.730722, "energy": 39.981379, "activity_lines": [ 6.5874, 6.7208, 6.796324, 6.682989 ] }, { "date": "2024-03-08", "close": 6.433, "volume": 761, "typical_volume": 4433.7, "trend": 6.5147, "fair_value": 8.025038, "relative_strength": -11.126247, "stage": 1, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": -21.311465, "energy": 43.426683, "activity_lines": [ 6.5158, 6.644218, 6.770781, 6.67831 ] }, { "date": "2024-03-15", "close": 6.484, "volume": 1898, "typical_volume": 4496.55, "trend": 6.535933, "fair_value": 8.00675, "relative_strength": -11.490233, "stage": 1, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -31.862153, "energy": 72.958606, "activity_lines": [ 6.4874, 6.593491, 6.748057, 6.676329 ] }, { "date": "2024-03-22", "close": 6.763, "volume": 320, "typical_volume": 2572.4, "trend": 6.5664, "fair_value": 7.990647, "relative_strength": -8.594927, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": -4.914972, "energy": 44.251054, "activity_lines": [ 6.569667, 6.605582, 6.74801, 6.690978 ] }, { "date": "2024-03-29", "close": 6.821, "volume": 1296, "typical_volume": 2399.25, "trend": 6.597467, "fair_value": 7.974128, "relative_strength": -8.730108, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 26.36744, "energy": 19.163268, "activity_lines": [ 6.662533, 6.634655, 6.751729, 6.707404 ] }, { "date": "2024-04-05", "close": 6.713, "volume": 464, "typical_volume": 2305.45, "trend": 6.619, "fair_value": 7.955263, "relative_strength": -8.123694, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 23.651648, "energy": 26.805673, "activity_lines": [ 6.7026, 6.644, 6.742867, 6.714858 ] }, { "date": "2024-04-12", "close": 6.532, "volume": 150, "typical_volume": 1811.55, "trend": 6.6302, "fair_value": 7.933635, "relative_strength": -9.798343, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -10.438697, "energy": 21.129808, "activity_lines": [ 6.665667, 6.6234, 6.7167, 6.709245 ] }, { "date": "2024-04-19", "close": 6.534, "volume": 76, "typical_volume": 1580.0, "trend": 6.638533, "fair_value": 7.912122, "relative_strength": -9.938477, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -26.401914, "energy": 17.636078, "activity_lines": [ 6.6228, 6.608509, 6.691243, 6.703039 ] }, { "date": "2024-04-26", "close": 6.534, "volume": 0, "typical_volume": 1580.0, "trend": 6.646867, "fair_value": 7.891186, "relative_strength": -10.489925, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -38.050218, "energy": 46.2872, "activity_lines": [ 6.5766, 6.597527, 6.666333, 6.696295 ] }, { "date": "2024-05-03", "close": 6.659, "volume": 10, "typical_volume": 1547.3, "trend": 6.659367, "fair_value": 7.870564, "relative_strength": -6.93779, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -28.994821, "energy": 41.778154, "activity_lines": [ 6.587333, 6.611055, 6.653876, 6.697077 ] }, { "date": "2024-05-10", "close": 6.826, "volume": 162, "typical_volume": 1545.4, "trend": 6.677433, "fair_value": 7.850962, "relative_strength": -7.314766, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": 12.907933, "energy": 10.572767, "activity_lines": [ 6.664533, 6.653309, 6.659838, 6.707828 ] }, { "date": "2024-05-17", "close": 7.047, "volume": 72, "typical_volume": 1518.8, "trend": 6.712167, "fair_value": 7.832487, "relative_strength": -6.248896, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 51.666954, "energy": 50.298744, "activity_lines": [ 6.807867, 6.729145, 6.688881, 6.731671 ] }, { "date": "2024-05-24", "close": 7.047, "volume": 0, "typical_volume": 1508.2, "trend": 6.7582, "fair_value": 7.811301, "relative_strength": -3.716801, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 47.018223, "energy": 73.055009, "activity_lines": [ 6.916867, 6.793818, 6.719343, 6.753273 ] }, { "date": "2024-05-31", "close": 6.914, "volume": 571, "typical_volume": 1512.75, "trend": 6.775533, "fair_value": 7.788455, "relative_strength": -5.464506, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 26.944754, "energy": 68.67929, "activity_lines": [ 6.947333, 6.824073, 6.737624, 6.763325 ] }, { "date": "2024-06-07", "close": 7.083, "volume": 9680, "typical_volume": 1974.4, "trend": 6.800333, "fair_value": 7.764833, "relative_strength": -3.527425, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 43.043759, "energy": 75.082318, "activity_lines": [ 7.0088, 6.882309, 6.772967, 6.783161 ] }, { "date": "2024-06-14", "close": 6.783, "volume": 13957, "typical_volume": 1672.25, "trend": 6.803133, "fair_value": 7.739455, "relative_strength": -1.954645, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 25.219832, "energy": 40.37176, "activity_lines": [ 6.942, 6.881236, 6.778467, 6.782043 ] }, { "date": "2024-06-21", "close": 6.647, "volume": 32770, "typical_volume": 3305.05, "trend": 6.803333, "fair_value": 7.714192, "relative_strength": -5.755093, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": -15.540011, "energy": 13.269501, "activity_lines": [ 6.832733, 6.854164, 6.771457, 6.77197 ] }, { "date": "2024-06-28", "close": 6.606, "volume": 7215, "typical_volume": 3663.3, "trend": 6.8019, "fair_value": 7.688641, "relative_strength": -5.935466, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": -21.944058, "energy": 22.995538, "activity_lines": [ 6.736467, 6.817545, 6.761395, 6.759239 ] }, { "date": "2024-07-05", "close": 6.848, "volume": 11620, "typical_volume": 4177.05, "trend": 6.808533, "fair_value": 7.663282, "relative_strength": -4.911432, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": -0.972983, "energy": 19.591056, "activity_lines": [ 6.750267, 6.823618, 6.775062, 6.762213 ] }, { "date": "2024-07-12", "close": 6.983, "volume": 5810, "typical_volume": 4452.5, "trend": 6.801733, "fair_value": 7.637673, "relative_strength": -4.643444, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 22.064038, "energy": 19.808963, "activity_lines": [ 6.813467, 6.848527, 6.800557, 6.773469 ] }, { "date": "2024-07-19", "close": 6.876, "volume": 5801, "typical_volume": 4631.65, "trend": 6.789167, "fair_value": 7.61116, "relative_strength": -4.997608, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 12.826105, "energy": 11.335446, "activity_lines": [ 6.847667, 6.848091, 6.81389, 6.77826 ] }, { "date": "2024-07-26", "close": 6.755, "volume": 5733, "typical_volume": 4880.25, "trend": 6.7695, "fair_value": 7.583513, "relative_strength": -5.475761, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 40.321359, "energy": 24.822545, "activity_lines": [ 6.835333, 6.824745, 6.813733, 6.776056 ] }, { "date": "2024-08-02", "close": 7.008, "volume": 5368, "typical_volume": 5053.75, "trend": 6.7648, "fair_value": 7.556372, "relative_strength": 3.525094, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 64.104664, "energy": 44.755549, "activity_lines": [ 6.900133, 6.852709, 6.836138, 6.791443 ] }, { "date": "2024-08-09", "close": 7.008, "volume": 0, "typical_volume": 5037.75, "trend": 6.761167, "fair_value": 7.527897, "relative_strength": 4.271358, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.588423, "energy": 52.142622, "activity_lines": [ 6.938133, 6.881382, 6.856048, 6.807133 ] }, { "date": "2024-08-16", "close": 6.966, "volume": 1515, "typical_volume": 5048.7, "trend": 6.766167, "fair_value": 7.499936, "relative_strength": -0.304889, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 58.291139, "energy": 55.674621, "activity_lines": [ 6.951467, 6.900709, 6.87079, 6.820348 ] }, { "date": "2024-08-23", "close": 7.229, "volume": 9831, "typical_volume": 5517.05, "trend": 6.777933, "fair_value": 7.475071, "relative_strength": 1.51765, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 82.234854, "energy": 77.756944, "activity_lines": [ 7.0536, 6.969982, 6.90989, 6.850209 ] }, { "date": "2024-08-30", "close": 7.152, "volume": 5730, "typical_volume": 5796.05, "trend": 6.7888, "fair_value": 7.449468, "relative_strength": -1.698759, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 69.840598, "energy": 76.500971, "activity_lines": [ 7.106533, 7.017145, 6.9392, 6.874342 ] }, { "date": "2024-09-06", "close": 7.152, "volume": 0, "typical_volume": 5792.25, "trend": 6.802233, "fair_value": 7.426853, "relative_strength": 1.496687, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 70.231716, "energy": 79.959574, "activity_lines": [ 7.133, 7.055127, 6.965557, 6.897774 ] }, { "date": "2024-09-13", "close": 7.542, "volume": 162, "typical_volume": 5800.35, "trend": 6.832567, "fair_value": 7.406827, "relative_strength": 6.049382, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 96.220341, "energy": 97.416769, "activity_lines": [ 7.279867, 7.154091, 7.026114, 6.945501 ] }, { "date": "2024-09-20", "close": 7.564, "volume": 2814, "typical_volume": 5940.55, "trend": 6.865733, "fair_value": 7.387942, "relative_strength": 5.707912, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 91.666025, "energy": 96.186246, "activity_lines": [ 7.398467, 7.244436, 7.083967, 6.99269 ] }, { "date": "2024-09-27", "close": 7.564, "volume": 0, "typical_volume": 5932.45, "trend": 6.902433, "fair_value": 7.371186, "relative_strength": 2.814183, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 84.116411, "energy": 93.970592, "activity_lines": [ 7.4772, 7.324218, 7.13751, 7.03774 ] }, { "date": "2024-10-04", "close": 7.512, "volume": 1937, "typical_volume": 6025.7, "trend": 6.9384, "fair_value": 7.353968, "relative_strength": 5.573517, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.558051, "energy": 88.816259, "activity_lines": [ 7.516267, 7.382036, 7.182586, 7.077067 ] }, { "date": "2024-10-11", "close": 7.426, "volume": 1000, "typical_volume": 6075.7, "trend": 6.9698, "fair_value": 7.333006, "relative_strength": 2.249462, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.969172, "energy": 87.1942, "activity_lines": [ 7.502667, 7.410455, 7.217257, 7.108525 ] }, { "date": "2024-10-18", "close": 7.486, "volume": 67, "typical_volume": 6050.5, "trend": 6.9939, "fair_value": 7.312429, "relative_strength": 0.514793, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.105152, "energy": 75.442508, "activity_lines": [ 7.4908, 7.442182, 7.255838, 7.141828 ] }, { "date": "2024-10-25", "close": 7.212, "volume": 136, "typical_volume": 5573.3, "trend": 7.006933, "fair_value": 7.290096, "relative_strength": -1.970105, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 50.172545, "energy": 51.538385, "activity_lines": [ 7.391333, 7.4154, 7.2656, 7.155899 ] }, { "date": "2024-11-01", "close": 7.249, "volume": 200, "typical_volume": 4885.45, "trend": 7.0248, "fair_value": 7.267705, "relative_strength": -1.057717, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 41.666901, "energy": 33.54126, "activity_lines": [ 7.327667, 7.390873, 7.278271, 7.171516 ] }, { "date": "2024-11-08", "close": 6.983, "volume": 450, "typical_volume": 3269.45, "trend": 7.039833, "fair_value": 7.242058, "relative_strength": -2.125717, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -0.621112, "energy": 25.107702, "activity_lines": [ 7.196333, 7.317618, 7.26339, 7.168819 ] }, { "date": "2024-11-15", "close": 6.865, "volume": 72, "typical_volume": 2912.3, "trend": 7.050867, "fair_value": 7.214423, "relative_strength": -4.606033, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -26.349697, "energy": 42.699071, "activity_lines": [ 7.060933, 7.225982, 7.235671, 7.15754 ] }, { "date": "2024-11-22", "close": 6.884, "volume": 1613, "typical_volume": 2411.95, "trend": 7.062533, "fair_value": 7.18691, "relative_strength": -2.171657, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -43.369544, "energy": 56.958452, "activity_lines": [ 6.969267, 7.143018, 7.208529, 7.146774 ] }, { "date": "2024-11-29", "close": 6.999, "volume": 10009, "typical_volume": 2621.9, "trend": 7.073867, "fair_value": 7.163058, "relative_strength": -0.183139, "stage": 2, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -28.256829, "energy": 51.05184, "activity_lines": [ 6.956067, 7.092927, 7.192167, 7.142675 ] }, { "date": "2024-12-06", "close": 6.986, "volume": 12360, "typical_volume": 2949.85, "trend": 7.0792, "fair_value": 7.139532, "relative_strength": -4.040871, "stage": 2, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -27.603397, "energy": 64.289282, "activity_lines": [ 6.952733, 7.050745, 7.17449, 7.137006 ] }, { "date": "2024-12-13", "close": 6.705, "volume": 15896, "typical_volume": 3458.0, "trend": 7.0678, "fair_value": 7.114859, "relative_strength": -7.891894, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -54.384668, "energy": 79.959394, "activity_lines": [ 6.873267, 6.967982, 7.129529, 7.112865 ] }, { "date": "2024-12-20", "close": 6.563, "volume": 2574, "typical_volume": 3318.3, "trend": 7.051667, "fair_value": 7.089878, "relative_strength": -6.459683, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "mixed", "direction": -65.140324, "energy": 81.631772, "activity_lines": [ 6.765, 6.874073, 7.071281, 7.080297 ] }, { "date": "2024-12-27", "close": 6.563, "volume": 0, "typical_volume": 3318.3, "trend": 7.039967, "fair_value": 7.063051, "relative_strength": -7.112527, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -58.593453, "energy": 84.176699, "activity_lines": [ 6.676867, 6.795855, 7.015152, 7.04877 ] }, { "date": "2025-01-03", "close": 6.563, "volume": 0, "typical_volume": 3242.55, "trend": 7.022633, "fair_value": 7.037955, "relative_strength": -6.653476, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -76.046199, "energy": 91.180356, "activity_lines": [ 6.610133, 6.734418, 6.961143, 7.017998 ] }, { "date": "2025-01-10", "close": 6.374, "volume": 9971, "typical_volume": 3249.55, "trend": 7.009, "fair_value": 7.012365, "relative_strength": -11.397656, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -89.115763, "energy": 95.754721, "activity_lines": [ 6.509467, 6.650418, 6.891052, 6.976151 ] }, { "date": "2025-01-17", "close": 6.591, "volume": 800, "typical_volume": 3003.05, "trend": 7.007133, "fair_value": 6.989846, "relative_strength": -10.995215, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.871825, "energy": 81.015608, "activity_lines": [ 6.521933, 6.621782, 6.8457, 6.949183 ] }, { "date": "2025-01-24", "close": 6.591, "volume": 0, "typical_volume": 3003.05, "trend": 7.006633, "fair_value": 6.96666, "relative_strength": -10.4571, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.312092, "energy": 67.820843, "activity_lines": [ 6.542, 6.600273, 6.803019, 6.922335 ] }, { "date": "2025-01-31", "close": 6.773, "volume": 10200, "typical_volume": 3504.95, "trend": 7.004133, "fair_value": 6.9445, "relative_strength": -8.351744, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -53.057247, "energy": 54.79868, "activity_lines": [ 6.620867, 6.616836, 6.780343, 6.907262 ] }, { "date": "2025-02-07", "close": 6.856, "volume": 1337, "typical_volume": 3431.1, "trend": 6.9999, "fair_value": 6.924955, "relative_strength": -8.416021, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -42.306879, "energy": 32.054479, "activity_lines": [ 6.7134, 6.650509, 6.769233, 6.897705 ] }, { "date": "2025-02-14", "close": 6.871, "volume": 127, "typical_volume": 3437.45, "trend": 6.999733, "fair_value": 6.906276, "relative_strength": -10.203891, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -33.001522, "energy": 36.776962, "activity_lines": [ 6.7914, 6.689509, 6.762924, 6.889389 ] }, { "date": "2025-02-21", "close": 6.753, "volume": 73, "typical_volume": 3344.25, "trend": 6.999667, "fair_value": 6.886756, "relative_strength": -12.553954, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -27.765854, "energy": 33.985414, "activity_lines": [ 6.796933, 6.709145, 6.748676, 6.873471 ] }, { "date": "2025-02-28", "close": 6.749, "volume": 926, "typical_volume": 3340.55, "trend": 6.991033, "fair_value": 6.868494, "relative_strength": -12.954529, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -27.223174, "energy": 29.17309, "activity_lines": [ 6.790333, 6.727182, 6.737662, 6.857299 ] }, { "date": "2025-03-07", "close": 6.388, "volume": 2000, "typical_volume": 3437.2, "trend": 6.970367, "fair_value": 6.848442, "relative_strength": -17.263533, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -77.426068, "energy": 45.647, "activity_lines": [ 6.652867, 6.6762, 6.69549, 6.818394 ] }, { "date": "2025-03-14", "close": 6.423, "volume": 1, "typical_volume": 3430.45, "trend": 6.952267, "fair_value": 6.8255, "relative_strength": -16.744529, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -79.93212, "energy": 68.337933, "activity_lines": [ 6.552733, 6.634764, 6.661881, 6.78308 ] }, { "date": "2025-03-21", "close": 6.467, "volume": 97, "typical_volume": 3425.3, "trend": 6.926867, "fair_value": 6.802263, "relative_strength": -16.74164, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -69.493532, "energy": 84.816528, "activity_lines": [ 6.496133, 6.603873, 6.636219, 6.751772 ] }, { "date": "2025-03-28", "close": 6.457, "volume": 385, "typical_volume": 3422.05, "trend": 6.9037, "fair_value": 6.779859, "relative_strength": -15.992665, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.533801, "energy": 84.040297, "activity_lines": [ 6.463133, 6.569473, 6.613329, 6.721458 ] }, { "date": "2025-04-04", "close": 6.457, "volume": 0, "typical_volume": 3418.45, "trend": 6.880533, "fair_value": 6.7595, "relative_strength": -5.975909, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.494433, "energy": 79.887197, "activity_lines": [ 6.449867, 6.537509, 6.592943, 6.692639 ] }, { "date": "2025-04-11", "close": 6.245, "volume": 8937, "typical_volume": 3784.65, "trend": 6.8373, "fair_value": 6.737782, "relative_strength": -7.314044, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -83.516712, "energy": 64.385905, "activity_lines": [ 6.3854, 6.469436, 6.55431, 6.651637 ] }, { "date": "2025-04-18", "close": 6.598, "volume": 104, "typical_volume": 3289.4, "trend": 6.8051, "fair_value": 6.720936, "relative_strength": -7.304441, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -59.726291, "energy": 46.541382, "activity_lines": [ 6.448133, 6.475145, 6.552338, 6.636198 ] }, { "date": "2025-04-25", "close": 6.748, "volume": 1, "typical_volume": 2671.45, "trend": 6.7779, "fair_value": 6.70634, "relative_strength": -8.579861, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -23.659759, "energy": 19.080093, "activity_lines": [ 6.5492, 6.512818, 6.566562, 6.632514 ] }, { "date": "2025-05-02", "close": 6.748, "volume": 0, "typical_volume": 1876.65, "trend": 6.752433, "fair_value": 6.694519, "relative_strength": -10.726652, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -9.800288, "energy": 13.650337, "activity_lines": [ 6.631533, 6.552727, 6.581919, 6.630585 ] }, { "date": "2025-05-09", "close": 6.878, "volume": 401, "typical_volume": 1768.0, "trend": 6.734167, "fair_value": 6.6845, "relative_strength": -11.222429, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "mixed", "direction": 37.114597, "energy": 40.29207, "activity_lines": [ 6.7378, 6.616364, 6.609452, 6.638686 ] }, { "date": "2025-05-16", "close": 6.843, "volume": 1000, "typical_volume": 1818.0, "trend": 6.712733, "fair_value": 6.67284, "relative_strength": -14.210172, "stage": 4, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 29.415962, "energy": 41.060827, "activity_lines": [ 6.804333, 6.671291, 6.632152, 6.645708 ] }, { "date": "2025-05-23", "close": 6.867, "volume": 551, "typical_volume": 1845.55, "trend": 6.701233, "fair_value": 6.662237, "relative_strength": -11.069042, "stage": 4, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 40.981753, "energy": 61.379669, "activity_lines": [ 6.839, 6.722309, 6.655805, 6.65566 ] }, { "date": "2025-05-30", "close": 6.867, "volume": 0, "typical_volume": 1347.0, "trend": 6.6885, "fair_value": 6.650853, "relative_strength": -12.175047, "stage": 4, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 40.097485, "energy": 63.755985, "activity_lines": [ 6.855733, 6.765255, 6.67801, 6.666355 ] }, { "date": "2025-06-06", "close": 7.006, "volume": 7208, "typical_volume": 1667.4, "trend": 6.689267, "fair_value": 6.645385, "relative_strength": -11.255577, "stage": 4, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 56.250329, "energy": 75.290579, "activity_lines": [ 6.910867, 6.8262, 6.711105, 6.686839 ] }, { "date": "2025-06-13", "close": 7.006, "volume": 0, "typical_volume": 1667.4, "trend": 6.693967, "fair_value": 6.642667, "relative_strength": -8.366633, "stage": 4, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 78.065342, "energy": 84.138192, "activity_lines": [ 6.9488, 6.877164, 6.742224, 6.707273 ] }, { "date": "2025-06-20", "close": 7.019, "volume": 71, "typical_volume": 1160.95, "trend": 6.698467, "fair_value": 6.640686, "relative_strength": -7.520509, "stage": 4, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 75.016846, "energy": 85.189588, "activity_lines": [ 6.982533, 6.920509, 6.772605, 6.728243 ] }, { "date": "2025-06-27", "close": 7.12, "volume": 201, "typical_volume": 1104.15, "trend": 6.7025, "fair_value": 6.641744, "relative_strength": -7.210621, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 83.131494, "energy": 91.171329, "activity_lines": [ 7.0382, 6.968145, 6.811433, 6.755439 ] }, { "date": "2025-07-04", "close": 7.172, "volume": 602, "typical_volume": 1127.9, "trend": 6.7087, "fair_value": 6.6425, "relative_strength": -6.058316, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 81.995248, "energy": 88.804845, "activity_lines": [ 7.094333, 7.015745, 6.853957, 6.785729 ] }, { "date": "2025-07-11", "close": 6.901, "volume": 3091, "typical_volume": 1278.8, "trend": 6.715233, "fair_value": 6.641154, "relative_strength": -10.370385, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.406879, "energy": 75.177193, "activity_lines": [ 7.0398, 7.006364, 6.869238, 6.798135 ] }, { "date": "2025-07-18", "close": 6.822, "volume": 9452, "typical_volume": 1705.1, "trend": 6.723867, "fair_value": 6.638449, "relative_strength": -11.630078, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 53.160281, "energy": 50.930011, "activity_lines": [ 6.965933, 6.979836, 6.87629, 6.805024 ] }, { "date": "2025-07-25", "close": 6.924, "volume": 3, "typical_volume": 1605.25, "trend": 6.7359, "fair_value": 6.634788, "relative_strength": -10.954383, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 45.548151, "energy": 35.458377, "activity_lines": [ 6.938333, 6.972873, 6.89271, 6.817935 ] }, { "date": "2025-08-01", "close": 6.715, "volume": 3, "typical_volume": 1605.35, "trend": 6.740967, "fair_value": 6.629154, "relative_strength": -11.496902, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 6.473929, "energy": 28.045758, "activity_lines": [ 6.8474, 6.926436, 6.886671, 6.816587 ] }, { "date": "2025-08-08", "close": 6.936, "volume": 1, "typical_volume": 1600.55, "trend": 6.7597, "fair_value": 6.621635, "relative_strength": -11.794976, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 29.094737, "energy": 30.002113, "activity_lines": [ 6.857133, 6.922945, 6.90029, 6.82917 ] }, { "date": "2025-08-15", "close": 6.936, "volume": 0, "typical_volume": 1581.3, "trend": 6.7712, "fair_value": 6.618071, "relative_strength": -13.500362, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 34.106313, "energy": 24.040089, "activity_lines": [ 6.8826, 6.9182, 6.911676, 6.840544 ] }, { "date": "2025-08-22", "close": 6.809, "volume": 71, "typical_volume": 1584.85, "trend": 6.778467, "fair_value": 6.61466, "relative_strength": -15.874571, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 6.981222, "energy": 15.718222, "activity_lines": [ 6.8634, 6.891636, 6.908686, 6.842983 ] }, { "date": "2025-08-29", "close": 6.837, "volume": 853, "typical_volume": 1180.65, "trend": 6.7806, "fair_value": 6.611429, "relative_strength": -12.885811, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 12.621682, "energy": 9.504481, "activity_lines": [ 6.8544, 6.873745, 6.906686, 6.846759 ] }, { "date": "2025-09-05", "close": 6.641, "volume": 6622, "typical_volume": 1506.55, "trend": 6.773433, "fair_value": 6.606942, "relative_strength": -13.694579, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -19.81287, "energy": 24.681169, "activity_lines": [ 6.785867, 6.823527, 6.8832, 6.837753 ] }, { "date": "2025-09-12", "close": 6.666, "volume": 1, "typical_volume": 1506.55, "trend": 6.7666, "fair_value": 6.602615, "relative_strength": -14.71569, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -33.331469, "energy": 50.357615, "activity_lines": [ 6.7306, 6.786564, 6.86189, 6.830822 ] }, { "date": "2025-09-19", "close": 6.733, "volume": 74, "typical_volume": 1510.25, "trend": 6.765933, "fair_value": 6.606667, "relative_strength": -12.748246, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -22.735774, "energy": 49.11056, "activity_lines": [ 6.715667, 6.770982, 6.847352, 6.828654 ] }, { "date": "2025-09-26", "close": 6.516, "volume": 3593, "typical_volume": 1669.85, "trend": 6.758167, "fair_value": 6.610853, "relative_strength": -15.643279, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -56.618826, "energy": 69.688053, "activity_lines": [ 6.641933, 6.719, 6.812219, 6.812529 ] }, { "date": "2025-10-03", "close": 6.746, "volume": 3, "typical_volume": 1620.0, "trend": 6.7701, "fair_value": 6.616513, "relative_strength": -13.278245, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -32.488173, "energy": 43.562047, "activity_lines": [ 6.6644, 6.7144, 6.800714, 6.811744 ] }, { "date": "2025-10-10", "close": 6.657, "volume": 201, "typical_volume": 1602.5, "trend": 6.7779, "fair_value": 6.621603, "relative_strength": -11.408986, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -33.316119, "energy": 34.888352, "activity_lines": [ 6.663267, 6.696855, 6.781195, 6.804447 ] }, { "date": "2025-10-17", "close": 6.939, "volume": 71, "typical_volume": 1606.05, "trend": 6.793633, "fair_value": 6.629263, "relative_strength": -6.547469, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": 6.897266, "energy": 11.343919, "activity_lines": [ 6.755067, 6.731636, 6.789533, 6.814841 ] }, { "date": "2025-10-24", "close": 7.074, "volume": 2, "typical_volume": 1245.75, "trend": 6.8142, "fair_value": 6.635679, "relative_strength": -5.94811, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": 32.577341, "energy": 31.129024, "activity_lines": [ 6.873667, 6.790909, 6.810386, 6.832929 ] }, { "date": "2025-10-31", "close": 7.074, "volume": 0, "typical_volume": 1245.75, "trend": 6.834767, "fair_value": 6.640756, "relative_strength": -6.990102, "stage": 3, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 45.812025, "energy": 48.885711, "activity_lines": [ 6.969533, 6.847673, 6.830914, 6.84969 ] }, { "date": "2025-11-07", "close": 6.769, "volume": 2, "typical_volume": 1242.3, "trend": 6.852233, "fair_value": 6.639859, "relative_strength": -9.988062, "stage": 3, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 8.138466, "energy": 29.664692, "activity_lines": [ 6.926533, 6.844164, 6.822071, 6.845447 ] }, { "date": "2025-11-14", "close": 6.85, "volume": 1960, "typical_volume": 1330.25, "trend": 6.860633, "fair_value": 6.641276, "relative_strength": -10.699004, "stage": 3, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 14.711795, "energy": 27.423873, "activity_lines": [ 6.909, 6.856618, 6.822133, 6.845303 ] }, { "date": "2025-11-21", "close": 6.764, "volume": 73, "typical_volume": 1303.8, "trend": 6.861167, "fair_value": 6.641519, "relative_strength": -8.591318, "stage": 3, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "down", "direction": -21.305541, "energy": 12.21192, "activity_lines": [ 6.849933, 6.849636, 6.81529, 6.839069 ] }, { "date": "2025-11-28", "close": 6.677, "volume": 3, "typical_volume": 1149.4, "trend": 6.8588, "fair_value": 6.642795, "relative_strength": -10.664158, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -51.737841, "energy": 34.592653, "activity_lines": [ 6.773533, 6.825055, 6.802105, 6.827187 ] }, { "date": "2025-12-05", "close": 6.688, "volume": 1302, "typical_volume": 741.9, "trend": 6.852467, "fair_value": 6.643071, "relative_strength": -10.202214, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -51.19898, "energy": 39.752203, "activity_lines": [ 6.727267, 6.803491, 6.791033, 6.816168 ] }, { "date": "2025-12-12", "close": 6.578, "volume": 1, "typical_volume": 741.8, "trend": 6.843633, "fair_value": 6.642397, "relative_strength": -11.43623, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -75.588459, "energy": 67.313804, "activity_lines": [ 6.670067, 6.7588, 6.770124, 6.79846 ] }, { "date": "2025-12-19", "close": 6.637, "volume": 1875, "typical_volume": 835.4, "trend": 6.835967, "fair_value": 6.643987, "relative_strength": -12.672109, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.698995, "energy": 68.911676, "activity_lines": [ 6.645267, 6.727891, 6.756481, 6.785129 ] }, { "date": "2025-12-26", "close": 6.691, "volume": 3, "typical_volume": 835.5, "trend": 6.8301, "fair_value": 6.645923, "relative_strength": -11.240161, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.862884, "energy": 65.154856, "activity_lines": [ 6.652667, 6.707164, 6.748352, 6.775776 ] }, { "date": "2026-01-02", "close": 6.745, "volume": 2, "typical_volume": 835.6, "trend": 6.8214, "fair_value": 6.645942, "relative_strength": -11.597189, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -57.562125, "energy": 45.807313, "activity_lines": [ 6.682933, 6.700764, 6.746533, 6.770286 ] }, { "date": "2026-01-09", "close": 6.989, "volume": 380, "typical_volume": 851.05, "trend": 6.820833, "fair_value": 6.644795, "relative_strength": -8.790259, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "down", "direction": -1.995808, "energy": 9.496886, "activity_lines": [ 6.79, 6.744709, 6.768862, 6.781099 ] }, { "date": "2026-01-16", "close": 7.018, "volume": 85, "typical_volume": 812.65, "trend": 6.8208, "fair_value": 6.642808, "relative_strength": -8.273829, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 40.964433, "energy": 42.529807, "activity_lines": [ 6.886667, 6.795473, 6.793095, 6.793819 ] }, { "date": "2026-01-23", "close": 6.88, "volume": 21, "typical_volume": 482.6, "trend": 6.8128, "fair_value": 6.641519, "relative_strength": -7.832424, "stage": 3, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 29.34982, "energy": 41.140147, "activity_lines": [ 6.908, 6.816618, 6.803324, 6.797639 ] }, { "date": "2026-01-30", "close": 7.03, "volume": 400, "typical_volume": 502.55, "trend": 6.808067, "fair_value": 6.639872, "relative_strength": -6.924259, "stage": 3, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 74.387299, "energy": 75.037985, "activity_lines": [ 6.963133, 6.864491, 6.8267, 6.811652 ] }, { "date": "2026-02-06", "close": 7.01, "volume": 2, "typical_volume": 498.95, "trend": 6.8117, "fair_value": 6.639276, "relative_strength": -7.551867, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 69.966616, "energy": 81.838123, "activity_lines": [ 6.989, 6.903891, 6.846438, 6.82468 ] }, { "date": "2026-02-13", "close": 7.06, "volume": 1, "typical_volume": 319.35, "trend": 6.819633, "fair_value": 6.639878, "relative_strength": -5.698412, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 77.253926, "energy": 83.650045, "activity_lines": [ 7.013867, 6.946327, 6.869619, 6.840699 ] }, { "date": "2026-02-20", "close": 7.251, "volume": 69, "typical_volume": 322.65, "trend": 6.830533, "fair_value": 6.643269, "relative_strength": -5.100209, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 92.505405, "energy": 95.085548, "activity_lines": [ 7.097667, 7.016727, 6.9084, 6.868529 ] }, { "date": "2026-02-27", "close": 7.469, "volume": 52965, "typical_volume": 2960.85, "trend": 6.855667, "fair_value": 6.648513, "relative_strength": -3.588289, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 96.306099, "energy": 97.968098, "activity_lines": [ 7.2386, 7.114527, 6.965538, 6.90972 ] }, { "date": "2026-03-06", "close": 7.098, "volume": 10621, "typical_volume": 3488.35, "trend": 6.861067, "fair_value": 6.654545, "relative_strength": -1.976716, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.333966, "energy": 82.272542, "activity_lines": [ 7.2166, 7.129745, 6.983476, 6.925355 ] }, { "date": "2026-03-13", "close": 6.744, "volume": 8259, "typical_volume": 3901.2, "trend": 6.854667, "fair_value": 6.659353, "relative_strength": -7.059791, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 27.688962, "energy": 35.046516, "activity_lines": [ 7.072067, 7.0732, 6.966943, 6.917802 ] }, { "date": "2026-03-20", "close": 6.842, "volume": 74, "typical_volume": 3904.9, "trend": 6.855767, "fair_value": 6.667006, "relative_strength": -2.392305, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 24.046569, "energy": 15.460721, "activity_lines": [ 6.977933, 7.034491, 6.961314, 6.916985 ] }, { "date": "2026-03-27", "close": 6.378, "volume": 2, "typical_volume": 3904.9, "trend": 6.840467, "fair_value": 6.670404, "relative_strength": -9.932164, "stage": 1, "regime": "rotation_down", "modifier": "Structural failure", "gate": "mixed", "direction": -37.200586, "energy": 43.067014, "activity_lines": [ 6.743667, 6.914091, 6.9126, 6.886161 ] }, { "date": "2026-04-03", "close": 6.385, "volume": 9570, "typical_volume": 4285.4, "trend": 6.831933, "fair_value": 6.674782, "relative_strength": -13.800712, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -47.536672, "energy": 54.923673, "activity_lines": [ 6.569933, 6.8066, 6.866414, 6.856776 ] }, { "date": "2026-04-10", "close": 6.805, "volume": 1522, "typical_volume": 4357.85, "trend": 6.836567, "fair_value": 6.680551, "relative_strength": -11.533705, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -27.094318, "energy": 52.293043, "activity_lines": [ 6.608467, 6.784473, 6.862443, 6.855039 ] }, { "date": "2026-04-17", "close": 6.899, "volume": 72, "typical_volume": 4361.3, "trend": 6.8421, "fair_value": 6.684955, "relative_strength": -12.182985, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -18.650563, "energy": 35.152834, "activity_lines": [ 6.697867, 6.783527, 6.867229, 6.859067 ] }, { "date": "2026-04-24", "close": 6.85, "volume": 295, "typical_volume": 4310.95, "trend": 6.853233, "fair_value": 6.689045, "relative_strength": -10.19048, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -14.22133, "energy": 17.38329, "activity_lines": [ 6.7606, 6.775691, 6.86629, 6.859576 ] }, { "date": "2026-05-01", "close": 6.85, "volume": 0, "typical_volume": 4310.9, "trend": 6.8567, "fair_value": 6.695, "relative_strength": -10.924016, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 5.808911, "energy": 15.467395, "activity_lines": [ 6.8228, 6.771673, 6.864581, 6.859368 ] }, { "date": "2026-05-08", "close": 6.692, "volume": 14007, "typical_volume": 4917.5, "trend": 6.857867, "fair_value": 6.700885, "relative_strength": -14.419795, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -38.859362, "energy": 23.240533, "activity_lines": [ 6.800867, 6.746218, 6.846529, 6.848742 ] }, { "date": "2026-05-15", "close": 6.692, "volume": 0, "typical_volume": 4917.35, "trend": 6.849633, "fair_value": 6.707192, "relative_strength": -13.781484, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -41.920001, "energy": 21.291044, "activity_lines": [ 6.758467, 6.734891, 6.828214, 6.838041 ] }, { "date": "2026-05-22", "close": 6.559, "volume": 0, "typical_volume": 4917.25, "trend": 6.832467, "fair_value": 6.712994, "relative_strength": -15.74388, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -66.915696, "energy": 47.60407, "activity_lines": [ 6.679267, 6.706764, 6.797229, 6.81929 ] }, { "date": "2026-05-29", "close": 6.786, "volume": 2992, "typical_volume": 5047.85, "trend": 6.822867, "fair_value": 6.72025, "relative_strength": -13.366136, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -52.855307, "energy": 38.703352, "activity_lines": [ 6.6984, 6.723273, 6.788748, 6.816292 ] }, { "date": "2026-06-05", "close": 6.643, "volume": 5, "typical_volume": 5043.85, "trend": 6.818667, "fair_value": 6.725346, "relative_strength": -14.533226, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -59.243439, "energy": 47.396284, "activity_lines": [ 6.674133, 6.7148, 6.767614, 6.804688 ] }, { "date": "2026-06-12", "close": 6.52, "volume": 0, "typical_volume": 5042.8, "trend": 6.807667, "fair_value": 6.729724, "relative_strength": -18.213263, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -73.192147, "energy": 63.40317, "activity_lines": [ 6.622667, 6.679145, 6.736552, 6.785419 ] }, { "date": "2026-06-19", "close": 6.657, "volume": 0, "typical_volume": 5022.8, "trend": 6.8041, "fair_value": 6.737122, "relative_strength": -18.092204, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -55.111085, "energy": 43.135239, "activity_lines": [ 6.628333, 6.665945, 6.720252, 6.775699 ] }, { "date": "2026-06-26", "close": 6.88, "volume": 5095, "typical_volume": 5277.45, "trend": 6.810867, "fair_value": 6.745949, "relative_strength": -12.239515, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -23.249816, "energy": 19.025518, "activity_lines": [ 6.710667, 6.695982, 6.726967, 6.780596 ] }, { "date": "2026-07-03", "close": 6.951, "volume": 1211, "typical_volume": 5337.95, "trend": 6.819633, "fair_value": 6.755231, "relative_strength": -13.404442, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -2.918599, "energy": 9.918759, "activity_lines": [ 6.795267, 6.739273, 6.741062, 6.789637 ] }, { "date": "2026-07-10", "close": 6.867, "volume": 2342, "typical_volume": 5451.6, "trend": 6.829267, "fair_value": 6.760955, "relative_strength": -13.662301, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "mixed", "direction": 18.68124, "energy": 29.318492, "activity_lines": [ 6.840867, 6.765455, 6.747676, 6.792692 ] }, { "date": "2026-07-17", "close": 6.976, "volume": 23961, "typical_volume": 4001.4, "trend": 6.840567, "fair_value": 6.766244, "relative_strength": -10.659209, "stage": 4, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 35.191802, "energy": 51.303198, "activity_lines": [ 6.907867, 6.811145, 6.7665, 6.802159 ] }, { "date": "2026-07-24", "close": 6.907, "volume": 5763, "typical_volume": 3758.5, "trend": 6.847767, "fair_value": 6.771013, "relative_strength": -10.989094, "stage": 3, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 24.676847, "energy": 54.424659, "activity_lines": [ 6.921467, 6.839127, 6.7811, 6.806445 ] }, { "date": "2026-07-31", "close": 7.004, "volume": 1200, "typical_volume": 3405.55, "trend": 6.8564, "fair_value": 6.776404, "relative_strength": -9.989518, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 35.277047, "energy": 57.724385, "activity_lines": [ 6.950733, 6.880836, 6.805848, 6.816525 ] }, { "date": "2026-08-07", "close": 7.046, "volume": 2, "typical_volume": 3401.95, "trend": 6.8583, "fair_value": 6.782096, "relative_strength": -11.648441, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 49.187069, "energy": 65.977717, "activity_lines": [ 6.985733, 6.922091, 6.833357, 6.828757 ] } ], "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." } } }