{ "ticker": { "uuid": "ce127798-d7c8-41e1-8dde-0dfc5b5b2d6c", "symbol": "HYLD", "name": "Hamilton Enhanced U.S. Covered Call ETF", "exchange": "TOR", "country": "CA", "assetType": "etf" }, "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.", "analysis": { "eligible": true, "as_of": "2026-08-07", "benchmark": "^GSPTSE", "stage": 2, "stage_name": "Advancing", "phase": "2b", "phase_label": "Stage 2B \u00b7 Advancing", "transition": "stage_2_healthy", "transition_label": "Stage 2 trend intact", "confidence": 84.565, "architecture_regime": "deceleration", "architecture_regime_label": "Deceleration", "architecture_modifier": "Recompressing", "architecture_gate": "up", "architecture_direction": 57.947, "architecture_energy": 31.383, "architecture_maturity": 66.613, "architecture_confidence": 81.851, "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": 27.88, "rotation_up": 36.02, "upward_expansion": 61.48, "deceleration": 85.38, "rotation_down": 27.47, "downward_expansion": 20.48 }, "activity_lines": [ 15.57631, 15.622323, 15.487172, 15.085819 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.5 }, "latest_close": 16.030001, "trend_reference": 14.624093, "distance_from_trend": 0.096136, "trend_direction": "Improving", "fair_value": 11.684955, "distance_from_fair_value": 0.37185, "fair_value_direction": "Weakening", "relative_strength": 0.734271, "relative_strength_direction": "Weakening", "price_momentum": 0.163302, "excess_performance": 0.042881, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.096136, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.040567, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.37185, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.010151, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.007343, "read": "Leading" }, { "label": "Relative strength direction", "positive": false, "value": -0.023338, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.163302, "read": "Positive" }, { "label": "Volume balance", "positive": false, "value": 0.692364, "read": "Supply-led" } ], "volume": { "latest": 1143100, "relative_activity": 1.381189, "balance": 0.692364, "dry_up": 1.292562, "accumulation_observations": 2, "distribution_observations": 3 }, "risk": { "range_context": 0.033343, "annualized_volatility": 0.186236, "from_high_reference": -0.003729, "from_low_reference": 0.301593 }, "levels": { "trend_reference": 14.624093, "fair_value_reference": 11.684955, "structural_low": 12.47094, "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 5, "median_return": 0.024856, "positive_rate": 0.8, "directional_follow_through": 0.8, "median_excess_return": 0.016264, "regime_survival": 0.2, "best_return": 0.043525, "worst_return": -0.025228, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 4, "median_return": 0.037017, "positive_rate": 0.75, "directional_follow_through": 0.75, "median_excess_return": -0.008387, "regime_survival": 0.0, "best_return": 0.054822, "worst_return": -0.095635, "sufficient": false }, { "horizon": "Extended", "sample_count": 3, "median_return": 0.130685, "positive_rate": 1.0, "directional_follow_through": 1.0, "median_excess_return": 0.025534, "regime_survival": 0.0, "best_return": 0.135844, "worst_return": 0.072542, "sufficient": false }, { "horizon": "Full cycle", "sample_count": 2, "median_return": 0.223767, "positive_rate": 1.0, "directional_follow_through": 1.0, "median_excess_return": 0.036916, "regime_survival": 0.5, "best_return": 0.283732, "worst_return": 0.163802, "sufficient": false } ], "ledger": [ { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-01-10", "end": "2025-01-31", "tenure": "New", "return": 0.055426, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-02-07", "end": "2025-02-28", "tenure": "New", "return": -0.026185, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-03-07", "end": "2025-03-14", "tenure": "New", "return": -0.020307, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-03-21", "end": "2025-04-04", "tenure": "New", "return": -0.124974, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-04-11", "end": "2025-05-23", "tenure": "Developing", "return": 0.08756, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-05-30", "end": "2025-06-06", "tenure": "New", "return": 0.013472, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-06-13", "end": "2025-07-18", "tenure": "Developing", "return": 0.045027, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-07-25", "end": "2026-02-13", "tenure": "Extended", "return": 0.088511, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-02-20", "end": "2026-03-13", "tenure": "New", "return": -0.028161, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2026-03-20", "end": "2026-04-03", "tenure": "New", "return": 0.022198, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-04-10", "end": "2026-04-24", "tenure": "New", "return": 0.056108, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2026-05-01", "end": "2026-05-08", "tenure": "New", "return": 0.045424, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-05-15", "end": "2026-07-24", "tenure": "Developing", "return": -0.003837, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-07-31", "end": "2026-08-07", "tenure": "New", "return": 0.050459, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 8.436337, "volume": 492300, "typical_volume": 421480.0, "trend": 8.309483, "fair_value": 8.325742, "relative_strength": 5.793105, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 37.270573, "energy": 30.58503, "activity_lines": [ 8.641797, 8.670547, 8.60015, 8.478462 ] }, { "date": "2023-08-25", "close": 8.555552, "volume": 205100, "typical_volume": 410760.0, "trend": 8.326134, "fair_value": 8.328579, "relative_strength": 7.058217, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 33.219454, "energy": 24.157609, "activity_lines": [ 8.592019, 8.651471, 8.603858, 8.494338 ] }, { "date": "2023-09-01", "close": 8.716849, "volume": 280400, "typical_volume": 402775.0, "trend": 8.34926, "fair_value": 8.333314, "relative_strength": 5.183017, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 40.580979, "energy": 25.543052, "activity_lines": [ 8.613292, 8.662508, 8.621374, 8.519545 ] }, { "date": "2023-09-08", "close": 8.660198, "volume": 243200, "typical_volume": 378950.0, "trend": 8.371375, "fair_value": 8.337252, "relative_strength": 6.83758, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 32.302126, "energy": 21.14696, "activity_lines": [ 8.626434, 8.659599, 8.631493, 8.539606 ] }, { "date": "2023-09-15", "close": 8.646033, "volume": 220900, "typical_volume": 349235.0, "trend": 8.395873, "fair_value": 8.340928, "relative_strength": 3.676737, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 35.211284, "energy": 21.495793, "activity_lines": [ 8.63793, 8.653768, 8.638371, 8.557326 ] }, { "date": "2023-09-22", "close": 8.405279, "volume": 369700, "typical_volume": 332310.0, "trend": 8.418933, "fair_value": 8.341685, "relative_strength": 4.8823, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 0.370455, "energy": 3.638696, "activity_lines": [ 8.572025, 8.602307, 8.620891, 8.557932 ] }, { "date": "2023-09-29", "close": 8.334906, "volume": 354000, "typical_volume": 333635.0, "trend": 8.433425, "fair_value": 8.341606, "relative_strength": 5.03747, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -9.115378, "energy": 17.735208, "activity_lines": [ 8.484733, 8.544865, 8.59649, 8.552511 ] }, { "date": "2023-10-06", "close": 8.363525, "volume": 293500, "typical_volume": 332590.0, "trend": 8.460981, "fair_value": 8.341858, "relative_strength": 6.77064, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -23.492231, "energy": 33.637426, "activity_lines": [ 8.42169, 8.501353, 8.574932, 8.548002 ] }, { "date": "2023-10-13", "close": 8.427911, "volume": 171500, "typical_volume": 316980.0, "trend": 8.482795, "fair_value": 8.342836, "relative_strength": 6.114639, "stage": 2, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -19.642739, "energy": 41.067747, "activity_lines": [ 8.403664, 8.478904, 8.559746, 8.545868 ] }, { "date": "2023-10-20", "close": 8.234743, "volume": 347200, "typical_volume": 311365.0, "trend": 8.492837, "fair_value": 8.341622, "relative_strength": 5.355063, "stage": 2, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -43.544334, "energy": 56.724166, "activity_lines": [ 8.336735, 8.426396, 8.526063, 8.529865 ] }, { "date": "2023-10-27", "close": 8.034422, "volume": 365500, "typical_volume": 316430.0, "trend": 8.490392, "fair_value": 8.338208, "relative_strength": 4.661856, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -54.21541, "energy": 64.877248, "activity_lines": [ 8.230451, 8.345721, 8.474709, 8.50029 ] }, { "date": "2023-11-03", "close": 8.461088, "volume": 230300, "typical_volume": 312830.0, "trend": 8.498123, "fair_value": 8.339559, "relative_strength": 3.947202, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -30.340309, "energy": 34.431326, "activity_lines": [ 8.291114, 8.34993, 8.466317, 8.498399 ] }, { "date": "2023-11-10", "close": 8.518943, "volume": 242100, "typical_volume": 310180.0, "trend": 8.505533, "fair_value": 8.341509, "relative_strength": 5.336916, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -49.036679, "energy": 31.42713, "activity_lines": [ 8.362649, 8.366375, 8.464091, 8.499742 ] }, { "date": "2023-11-17", "close": 8.656348, "volume": 212700, "typical_volume": 298845.0, "trend": 8.518648, "fair_value": 8.344894, "relative_strength": 4.067983, "stage": 2, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -15.567086, "energy": 10.982872, "activity_lines": [ 8.469624, 8.411401, 8.474938, 8.509472 ] }, { "date": "2023-11-24", "close": 8.728666, "volume": 211400, "typical_volume": 299595.0, "trend": 8.531409, "fair_value": 8.348977, "relative_strength": 5.094517, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 16.069095, "energy": 25.851999, "activity_lines": [ 8.585477, 8.469646, 8.4926, 8.523022 ] }, { "date": "2023-12-01", "close": 8.815949, "volume": 230500, "typical_volume": 289465.0, "trend": 8.546626, "fair_value": 8.353892, "relative_strength": 4.127253, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 33.37876, "energy": 38.571428, "activity_lines": [ 8.697495, 8.542258, 8.517695, 8.541379 ] }, { "date": "2023-12-08", "close": 8.823254, "volume": 284400, "typical_volume": 288780.0, "trend": 8.562087, "fair_value": 8.358781, "relative_strength": 4.62692, "stage": 2, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 33.314416, "energy": 56.555723, "activity_lines": [ 8.759847, 8.608731, 8.543316, 8.559226 ] }, { "date": "2023-12-15", "close": 9.013159, "volume": 434000, "typical_volume": 290740.0, "trend": 8.582061, "fair_value": 8.365527, "relative_strength": 5.626619, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 72.069245, "energy": 76.417434, "activity_lines": [ 8.861356, 8.700854, 8.586982, 8.588328 ] }, { "date": "2023-12-22", "close": 9.108109, "volume": 262000, "typical_volume": 288175.0, "trend": 8.605427, "fair_value": 8.373105, "relative_strength": 4.730251, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 83.012422, "energy": 85.368947, "activity_lines": [ 8.961567, 8.798428, 8.639048, 8.622266 ] }, { "date": "2023-12-29", "close": 9.137639, "volume": 151200, "typical_volume": 280095.0, "trend": 8.62568, "fair_value": 8.380827, "relative_strength": 4.490302, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 79.435842, "energy": 87.155125, "activity_lines": [ 9.041504, 8.889005, 8.692013, 8.656602 ] }, { "date": "2024-01-05", "close": 8.982764, "volume": 306400, "typical_volume": 270800.0, "trend": 8.641001, "fair_value": 8.386847, "relative_strength": 2.662213, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.752992, "energy": 81.035285, "activity_lines": [ 9.042552, 8.935006, 8.728091, 8.67964 ] }, { "date": "2024-01-12", "close": 9.174511, "volume": 458600, "typical_volume": 283475.0, "trend": 8.660191, "fair_value": 8.394645, "relative_strength": 4.381239, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 75.843891, "energy": 83.230977, "activity_lines": [ 9.096394, 8.998628, 8.779829, 8.71406 ] }, { "date": "2024-01-19", "close": 9.263015, "volume": 418900, "typical_volume": 290400.0, "trend": 8.685082, "fair_value": 8.403159, "relative_strength": 5.559262, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 79.34527, "energy": 83.547465, "activity_lines": [ 9.15632, 9.06537, 8.837048, 8.752952 ] }, { "date": "2024-01-26", "close": 9.336762, "volume": 479800, "typical_volume": 302230.0, "trend": 8.708269, "fair_value": 8.412223, "relative_strength": 5.042277, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 81.03539, "energy": 85.576637, "activity_lines": [ 9.224171, 9.131991, 8.89869, 8.794996 ] }, { "date": "2024-02-02", "close": 9.485573, "volume": 409500, "typical_volume": 311660.0, "trend": 8.739657, "fair_value": 8.422544, "relative_strength": 6.611138, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 87.872987, "energy": 94.167206, "activity_lines": [ 9.326383, 9.213299, 8.971282, 8.845144 ] }, { "date": "2024-02-09", "close": 9.6047, "volume": 279000, "typical_volume": 307125.0, "trend": 8.767144, "fair_value": 8.433802, "relative_strength": 7.997407, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 87.569135, "energy": 94.614127, "activity_lines": [ 9.445108, 9.302504, 9.051223, 8.900954 ] }, { "date": "2024-02-16", "close": 9.582364, "volume": 431500, "typical_volume": 311000.0, "trend": 8.792729, "fair_value": 8.444638, "relative_strength": 6.184766, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 78.696613, "energy": 91.369031, "activity_lines": [ 9.514925, 9.373306, 9.123324, 8.953549 ] }, { "date": "2024-02-23", "close": 9.761054, "volume": 384300, "typical_volume": 315540.0, "trend": 8.822159, "fair_value": 8.456941, "relative_strength": 7.008415, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 86.111524, "energy": 93.02986, "activity_lines": [ 9.617116, 9.462796, 9.206503, 9.016021 ] }, { "date": "2024-03-01", "close": 9.912374, "volume": 527700, "typical_volume": 333350.0, "trend": 8.862361, "fair_value": 8.470417, "relative_strength": 7.595936, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 88.017712, "energy": 86.416834, "activity_lines": [ 9.736543, 9.566201, 9.297439, 9.086358 ] }, { "date": "2024-03-08", "close": 9.88229, "volume": 452400, "typical_volume": 338610.0, "trend": 8.902144, "fair_value": 8.48337, "relative_strength": 6.005483, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 77.778801, "energy": 71.054481, "activity_lines": [ 9.807569, 9.649513, 9.378441, 9.152159 ] }, { "date": "2024-03-15", "close": 9.822124, "volume": 482200, "typical_volume": 344445.0, "trend": 8.948337, "fair_value": 8.49554, "relative_strength": 4.593562, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.916785, "energy": 67.444658, "activity_lines": [ 9.832092, 9.708346, 9.445867, 9.211513 ] }, { "date": "2024-03-22", "close": 10.047748, "volume": 387100, "typical_volume": 352285.0, "trend": 8.998077, "fair_value": 8.509524, "relative_strength": 6.101155, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 81.230865, "energy": 71.793477, "activity_lines": [ 9.917327, 9.792941, 9.526268, 9.282443 ] }, { "date": "2024-03-29", "close": 10.109644, "volume": 380700, "typical_volume": 359215.0, "trend": 9.044503, "fair_value": 8.523811, "relative_strength": 5.625446, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 79.835086, "energy": 70.902718, "activity_lines": [ 9.992169, 9.872912, 9.605009, 9.354157 ] }, { "date": "2024-04-05", "close": 10.056479, "volume": 724500, "typical_volume": 384805.0, "trend": 9.091046, "fair_value": 8.537374, "relative_strength": 4.404645, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 70.576091, "energy": 67.10543, "activity_lines": [ 10.02605, 9.927824, 9.671111, 9.419446 ] }, { "date": "2024-04-12", "close": 9.912161, "volume": 737700, "typical_volume": 411120.0, "trend": 9.13325, "fair_value": 8.549434, "relative_strength": 4.38911, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.267309, "energy": 64.244777, "activity_lines": [ 10.002218, 9.943411, 9.716802, 9.472421 ] }, { "date": "2024-04-19", "close": 9.502003, "volume": 765400, "typical_volume": 437865.0, "trend": 9.169808, "fair_value": 8.557717, "relative_strength": 0.33242, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 48.899091, "energy": 42.827379, "activity_lines": [ 9.839675, 9.876667, 9.717794, 9.496211 ] }, { "date": "2024-04-26", "close": 9.817217, "volume": 515100, "typical_volume": 449400.0, "trend": 9.219218, "fair_value": 8.568575, "relative_strength": 2.704321, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 43.336679, "energy": 30.284679, "activity_lines": [ 9.803545, 9.869102, 9.74554, 9.53798 ] }, { "date": "2024-05-03", "close": 9.85023, "volume": 553900, "typical_volume": 455395.0, "trend": 9.268775, "fair_value": 8.579529, "relative_strength": 2.961516, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 38.055441, "energy": 23.878833, "activity_lines": [ 9.793789, 9.863269, 9.771697, 9.57869 ] }, { "date": "2024-05-10", "close": 10.057525, "volume": 390400, "typical_volume": 461815.0, "trend": 9.323095, "fair_value": 8.592055, "relative_strength": 3.236008, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 53.42617, "energy": 29.395986, "activity_lines": [ 9.870424, 9.893505, 9.81361, 9.629577 ] }, { "date": "2024-05-17", "close": 10.272493, "volume": 453600, "typical_volume": 476935.0, "trend": 9.39102, "fair_value": 8.606176, "relative_strength": 4.506357, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 75.655325, "energy": 52.036347, "activity_lines": [ 10.018646, 9.960187, 9.871475, 9.690829 ] }, { "date": "2024-05-24", "close": 10.257138, "volume": 564000, "typical_volume": 489815.0, "trend": 9.465111, "fair_value": 8.619934, "relative_strength": 4.852898, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 71.706555, "energy": 67.082161, "activity_lines": [ 10.137728, 10.016983, 9.922474, 9.746707 ] }, { "date": "2024-05-31", "close": 10.168182, "volume": 708000, "typical_volume": 502285.0, "trend": 9.522014, "fair_value": 8.632729, "relative_strength": 4.045508, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 60.96491, "energy": 66.573632, "activity_lines": [ 10.176815, 10.049695, 9.958932, 9.792067 ] }, { "date": "2024-06-07", "close": 10.27685, "volume": 453200, "typical_volume": 504000.0, "trend": 9.580611, "fair_value": 8.646206, "relative_strength": 6.23058, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.473362, "energy": 70.137553, "activity_lines": [ 10.228727, 10.099976, 10.001008, 9.840766 ] }, { "date": "2024-06-14", "close": 10.439849, "volume": 670600, "typical_volume": 513540.0, "trend": 9.640061, "fair_value": 8.660788, "relative_strength": 9.501208, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 74.68509, "energy": 68.531779, "activity_lines": [ 10.306531, 10.176852, 10.053779, 9.8962 ] }, { "date": "2024-06-21", "close": 10.548519, "volume": 384500, "typical_volume": 512290.0, "trend": 9.700723, "fair_value": 8.676012, "relative_strength": 10.827441, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 77.344283, "energy": 65.974367, "activity_lines": [ 10.39507, 10.266517, 10.111648, 9.954811 ] }, { "date": "2024-06-28", "close": 10.60112, "volume": 478200, "typical_volume": 522250.0, "trend": 9.760228, "fair_value": 8.691413, "relative_strength": 9.479822, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 75.215617, "energy": 72.403991, "activity_lines": [ 10.48274, 10.354175, 10.169464, 10.012901 ] }, { "date": "2024-07-05", "close": 10.95802, "volume": 345900, "typical_volume": 517970.0, "trend": 9.831387, "fair_value": 8.709402, "relative_strength": 11.90526, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 86.690283, "energy": 86.892164, "activity_lines": [ 10.666446, 10.48674, 10.256527, 10.090178 ] }, { "date": "2024-07-12", "close": 11.020772, "volume": 530500, "typical_volume": 525280.0, "trend": 9.898308, "fair_value": 8.727602, "relative_strength": 9.246264, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 84.19869, "energy": 91.312388, "activity_lines": [ 10.818412, 10.609973, 10.343014, 10.166912 ] }, { "date": "2024-07-19", "close": 10.738388, "volume": 821300, "typical_volume": 539960.0, "trend": 9.95265, "fair_value": 8.743311, "relative_strength": 6.164681, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 67.059037, "energy": 81.850992, "activity_lines": [ 10.826656, 10.66058, 10.39661, 10.221111 ] }, { "date": "2024-07-26", "close": 10.628573, "volume": 845300, "typical_volume": 559605.0, "trend": 10.002348, "fair_value": 8.757925, "relative_strength": 4.356612, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 64.356312, "energy": 61.624148, "activity_lines": [ 10.778393, 10.678842, 10.435813, 10.264719 ] }, { "date": "2024-08-02", "close": 10.32259, "volume": 1152900, "typical_volume": 593140.0, "trend": 10.047009, "fair_value": 8.769961, "relative_strength": 3.876929, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 47.338717, "energy": 37.17885, "activity_lines": [ 10.622798, 10.634996, 10.442321, 10.28538 ] }, { "date": "2024-08-09", "close": 10.362233, "volume": 949700, "typical_volume": 621270.0, "trend": 10.0866, "fair_value": 8.782116, "relative_strength": 3.712126, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 36.897439, "energy": 22.715476, "activity_lines": [ 10.498986, 10.597168, 10.450222, 10.305717 ] }, { "date": "2024-08-16", "close": 10.829999, "volume": 542200, "typical_volume": 629345.0, "trend": 10.138832, "fair_value": 8.79763, "relative_strength": 4.700976, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 49.683292, "energy": 25.454174, "activity_lines": [ 10.570815, 10.640861, 10.501174, 10.353678 ] }, { "date": "2024-08-23", "close": 10.980638, "volume": 686400, "typical_volume": 627440.0, "trend": 10.193628, "fair_value": 8.814044, "relative_strength": 4.920995, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 67.024265, "energy": 35.618998, "activity_lines": [ 10.705576, 10.701885, 10.563043, 10.407988 ] }, { "date": "2024-08-30", "close": 10.992306, "volume": 439200, "typical_volume": 612515.0, "trend": 10.243853, "fair_value": 8.830299, "relative_strength": 4.553775, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 68.029907, "energy": 46.888478, "activity_lines": [ 10.828076, 10.755197, 10.621622, 10.459516 ] }, { "date": "2024-09-06", "close": 10.431477, "volume": 478300, "typical_volume": 598160.0, "trend": 10.271412, "fair_value": 8.84216, "relative_strength": 1.564369, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 49.85069, "energy": 36.872327, "activity_lines": [ 10.739384, 10.698473, 10.621646, 10.47162 ] }, { "date": "2024-09-13", "close": 10.976282, "volume": 501700, "typical_volume": 597490.0, "trend": 10.317876, "fair_value": 8.857852, "relative_strength": 3.094584, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.121312, "energy": 41.539266, "activity_lines": [ 10.825034, 10.743888, 10.669129, 10.517096 ] }, { "date": "2024-09-20", "close": 11.160557, "volume": 661100, "typical_volume": 602850.0, "trend": 10.364526, "fair_value": 8.87466, "relative_strength": 3.325807, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 69.114977, "energy": 47.157438, "activity_lines": [ 10.931173, 10.822475, 10.728643, 10.571462 ] }, { "date": "2024-09-27", "close": 11.250868, "volume": 728300, "typical_volume": 619745.0, "trend": 10.409142, "fair_value": 8.891879, "relative_strength": 3.583485, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 69.554419, "energy": 46.475147, "activity_lines": [ 11.045378, 10.914941, 10.790519, 10.628646 ] }, { "date": "2024-10-04", "close": 11.307529, "volume": 618400, "typical_volume": 627985.0, "trend": 10.45665, "fair_value": 8.909258, "relative_strength": 3.071508, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 70.635279, "energy": 70.716935, "activity_lines": [ 11.160455, 11.008391, 10.852108, 10.686606 ] }, { "date": "2024-10-11", "close": 11.380377, "volume": 617400, "typical_volume": 630655.0, "trend": 10.508592, "fair_value": 8.926909, "relative_strength": 2.289451, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 68.817861, "energy": 73.096729, "activity_lines": [ 11.2788, 11.102742, 10.915706, 10.746201 ] }, { "date": "2024-10-18", "close": 11.445131, "volume": 587700, "typical_volume": 624640.0, "trend": 10.555172, "fair_value": 8.944768, "relative_strength": 1.285804, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 71.781055, "energy": 75.783901, "activity_lines": [ 11.35547, 11.189634, 10.980123, 10.806623 ] }, { "date": "2024-10-25", "close": 11.380377, "volume": 792700, "typical_volume": 641615.0, "trend": 10.597529, "fair_value": 8.961921, "relative_strength": 2.032959, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.698156, "energy": 70.93745, "activity_lines": [ 11.379298, 11.245063, 11.032292, 10.859862 ] }, { "date": "2024-11-01", "close": 11.137507, "volume": 1031800, "typical_volume": 659675.0, "trend": 10.633564, "fair_value": 8.977134, "relative_strength": 0.576425, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 62.145916, "energy": 50.546512, "activity_lines": [ 11.307515, 11.246327, 11.056075, 10.8947 ] }, { "date": "2024-11-08", "close": 11.758986, "volume": 915700, "typical_volume": 686235.0, "trend": 10.695125, "fair_value": 8.996453, "relative_strength": 3.844708, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 81.408585, "energy": 57.855915, "activity_lines": [ 11.450449, 11.357735, 11.135725, 10.967307 ] }, { "date": "2024-11-15", "close": 11.423717, "volume": 803600, "typical_volume": 702505.0, "trend": 10.759182, "fair_value": 9.013193, "relative_strength": 0.225704, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 60.069084, "energy": 46.733214, "activity_lines": [ 11.451529, 11.394246, 11.17768, 11.014313 ] }, { "date": "2024-11-22", "close": 11.628148, "volume": 853800, "typical_volume": 727900.0, "trend": 10.819546, "fair_value": 9.031103, "relative_strength": -0.295903, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 68.274092, "energy": 50.56812, "activity_lines": [ 11.517864, 11.449885, 11.235188, 11.070376 ] }, { "date": "2024-11-29", "close": 11.810858, "volume": 769900, "typical_volume": 739870.0, "trend": 10.8849, "fair_value": 9.050013, "relative_strength": 0.342387, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 75.075617, "energy": 66.64747, "activity_lines": [ 11.632901, 11.526892, 11.306906, 11.134331 ] }, { "date": "2024-12-06", "close": 11.926486, "volume": 577600, "typical_volume": 727685.0, "trend": 10.947199, "fair_value": 9.069449, "relative_strength": 1.023961, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 76.475412, "energy": 76.989212, "activity_lines": [ 11.757782, 11.613099, 11.385873, 11.20153 ] }, { "date": "2024-12-13", "close": 11.802596, "volume": 680400, "typical_volume": 719440.0, "trend": 10.998202, "fair_value": 9.087792, "relative_strength": 1.507309, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.193771, "energy": 79.047995, "activity_lines": [ 11.788767, 11.664496, 11.447384, 11.256717 ] }, { "date": "2024-12-20", "close": 11.513518, "volume": 1424500, "typical_volume": 733020.0, "trend": 11.040082, "fair_value": 9.103964, "relative_strength": 1.602133, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.994057, "energy": 56.920968, "activity_lines": [ 11.720486, 11.654332, 11.475773, 11.289963 ] }, { "date": "2024-12-27", "close": 11.678707, "volume": 595000, "typical_volume": 715285.0, "trend": 11.090433, "fair_value": 9.121015, "relative_strength": 2.092347, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 59.056161, "energy": 44.761588, "activity_lines": [ 11.701282, 11.671782, 11.514223, 11.331165 ] }, { "date": "2025-01-03", "close": 11.616163, "volume": 1121800, "typical_volume": 744265.0, "trend": 11.135076, "fair_value": 9.13743, "relative_strength": 0.280162, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 43.894017, "energy": 30.387444, "activity_lines": [ 11.657858, 11.673613, 11.540448, 11.365083 ] }, { "date": "2025-01-10", "close": 11.332435, "volume": 1225500, "typical_volume": 771220.0, "trend": 11.164829, "fair_value": 9.151777, "relative_strength": -1.045606, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 30.10582, "energy": 18.985546, "activity_lines": [ 11.532839, 11.619571, 11.535907, 11.377816 ] }, { "date": "2025-01-17", "close": 11.758027, "volume": 1028900, "typical_volume": 800705.0, "trend": 11.205146, "fair_value": 9.1687, "relative_strength": 1.331628, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 42.298301, "energy": 21.662602, "activity_lines": [ 11.589286, 11.639365, 11.570224, 11.416087 ] }, { "date": "2025-01-24", "close": 12.041755, "volume": 791300, "typical_volume": 816355.0, "trend": 11.253167, "fair_value": 9.187236, "relative_strength": 2.013788, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 65.085861, "energy": 35.74114, "activity_lines": [ 11.743281, 11.710763, 11.627916, 11.470062 ] }, { "date": "2025-01-31", "close": 11.960541, "volume": 1476800, "typical_volume": 865110.0, "trend": 11.286585, "fair_value": 9.205014, "relative_strength": 0.99163, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 59.823503, "energy": 38.579069, "activity_lines": [ 11.834989, 11.756158, 11.670206, 11.515699 ] }, { "date": "2025-02-07", "close": 11.825678, "volume": 1443900, "typical_volume": 904250.0, "trend": 11.313415, "fair_value": 9.220574, "relative_strength": 0.175166, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 54.376802, "energy": 48.178913, "activity_lines": [ 11.862954, 11.770988, 11.694964, 11.550479 ] }, { "date": "2025-02-14", "close": 11.960541, "volume": 1132400, "typical_volume": 924455.0, "trend": 11.354153, "fair_value": 9.237224, "relative_strength": 1.079718, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 59.737496, "energy": 59.160822, "activity_lines": [ 11.921905, 11.81007, 11.7294, 11.592229 ] }, { "date": "2025-02-21", "close": 11.711888, "volume": 1131500, "typical_volume": 950110.0, "trend": 11.390264, "fair_value": 9.252092, "relative_strength": 0.26052, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 53.267081, "energy": 34.463102, "activity_lines": [ 11.856098, 11.803323, 11.736774, 11.615309 ] }, { "date": "2025-02-28", "close": 11.516022, "volume": 1264200, "typical_volume": 982450.0, "trend": 11.430045, "fair_value": 9.265855, "relative_strength": -2.347238, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 26.774937, "energy": 13.960194, "activity_lines": [ 11.728079, 11.762614, 11.723569, 11.623422 ] }, { "date": "2025-03-07", "close": 11.119799, "volume": 1136400, "typical_volume": 1009885.0, "trend": 11.455297, "fair_value": 9.278016, "relative_strength": -3.267867, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": -7.906677, "energy": 14.568526, "activity_lines": [ 11.503034, 11.649818, 11.671983, 11.603406 ] }, { "date": "2025-03-14", "close": 10.893992, "volume": 1112500, "typical_volume": 1025875.0, "trend": 11.45743, "fair_value": 9.285089, "relative_strength": -4.416223, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -35.996471, "energy": 36.066293, "activity_lines": [ 11.258769, 11.506128, 11.600441, 11.567193 ] }, { "date": "2025-03-21", "close": 10.983462, "volume": 658000, "typical_volume": 1007185.0, "trend": 11.457524, "fair_value": 9.291721, "relative_strength": -5.165945, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -30.743366, "energy": 52.781607, "activity_lines": [ 11.10644, 11.391836, 11.539735, 11.536614 ] }, { "date": "2025-03-28", "close": 10.796004, "volume": 752200, "typical_volume": 999010.0, "trend": 11.450981, "fair_value": 9.296711, "relative_strength": -5.918397, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -45.996036, "energy": 67.246478, "activity_lines": [ 10.956764, 11.249806, 11.461911, 11.493936 ] }, { "date": "2025-04-04", "close": 9.610813, "volume": 1799000, "typical_volume": 1048780.0, "trend": 11.423625, "fair_value": 9.294596, "relative_strength": -10.454258, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -94.166662, "energy": 91.030054, "activity_lines": [ 10.473083, 10.909778, 11.275796, 11.375215 ] }, { "date": "2025-04-11", "close": 10.248659, "volume": 2072200, "typical_volume": 1109700.0, "trend": 11.399371, "fair_value": 9.297326, "relative_strength": -6.036788, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -70.3237, "energy": 79.612333, "activity_lines": [ 10.329032, 10.729921, 11.159061, 11.299411 ] }, { "date": "2025-04-18", "close": 10.093509, "volume": 824600, "typical_volume": 1112435.0, "trend": 11.363803, "fair_value": 9.302126, "relative_strength": -9.703943, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -71.797742, "energy": 81.34747, "activity_lines": [ 10.191339, 10.552979, 11.03412, 11.215162 ] }, { "date": "2025-04-25", "close": 10.623611, "volume": 707500, "typical_volume": 1118930.0, "trend": 11.342895, "fair_value": 9.312294, "relative_strength": -6.887135, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.755847, "energy": 62.57554, "activity_lines": [ 10.283713, 10.503914, 10.967842, 11.167407 ] }, { "date": "2025-05-02", "close": 10.901831, "volume": 777000, "typical_volume": 1123760.0, "trend": 11.329371, "fair_value": 9.325162, "relative_strength": -5.621726, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -57.618157, "energy": 39.990487, "activity_lines": [ 10.492817, 10.529742, 10.934265, 11.138952 ] }, { "date": "2025-05-09", "close": 10.914915, "volume": 656600, "typical_volume": 1085365.0, "trend": 11.313856, "fair_value": 9.340214, "relative_strength": -6.644653, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -41.538971, "energy": 25.094149, "activity_lines": [ 10.699227, 10.572678, 10.906224, 11.112212 ] }, { "date": "2025-05-16", "close": 11.438204, "volume": 908700, "typical_volume": 1101050.0, "trend": 11.313625, "fair_value": 9.359805, "relative_strength": -4.415352, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -17.260502, "energy": 20.306222, "activity_lines": [ 10.993127, 10.721686, 10.93087, 11.120235 ] }, { "date": "2025-05-23", "close": 11.146032, "volume": 575000, "typical_volume": 1073710.0, "trend": 11.305813, "fair_value": 9.375308, "relative_strength": -6.413479, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -20.505011, "energy": 22.615124, "activity_lines": [ 11.110333, 10.811783, 10.928836, 11.109422 ] }, { "date": "2025-05-30", "close": 11.456083, "volume": 985100, "typical_volume": 1061690.0, "trend": 11.316433, "fair_value": 9.392721, "relative_strength": -4.819309, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -7.463648, "energy": 19.880668, "activity_lines": [ 11.260721, 10.95367, 10.958569, 11.119117 ] }, { "date": "2025-06-06", "close": 11.610419, "volume": 757700, "typical_volume": 1048130.0, "trend": 11.31148, "fair_value": 9.413012, "relative_strength": -4.353398, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 26.020605, "energy": 30.068703, "activity_lines": [ 11.407056, 11.115025, 11.002412, 11.138084 ] }, { "date": "2025-06-13", "close": 11.71184, "volume": 701200, "typical_volume": 1043625.0, "trend": 11.321085, "fair_value": 9.43754, "relative_strength": -3.628301, "stage": 3, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 28.947625, "energy": 40.689775, "activity_lines": [ 11.53996, 11.280013, 11.056617, 11.163914 ] }, { "date": "2025-06-20", "close": 11.658927, "volume": 643000, "typical_volume": 1001935.0, "trend": 11.322111, "fair_value": 9.459531, "relative_strength": -3.839925, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 26.886291, "energy": 45.928368, "activity_lines": [ 11.602097, 11.397179, 11.107353, 11.18571 ] }, { "date": "2025-06-27", "close": 11.994054, "volume": 814000, "typical_volume": 970440.0, "trend": 11.328217, "fair_value": 9.484947, "relative_strength": -1.651715, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 36.169268, "energy": 53.90219, "activity_lines": [ 11.761228, 11.549637, 11.191443, 11.229061 ] }, { "date": "2025-07-04", "close": 12.105481, "volume": 490500, "typical_volume": 938345.0, "trend": 11.334184, "fair_value": 9.510377, "relative_strength": -1.850437, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 48.222514, "energy": 64.340356, "activity_lines": [ 11.900967, 11.687799, 11.285343, 11.279207 ] }, { "date": "2025-07-11", "close": 12.154509, "volume": 606700, "typical_volume": 912105.0, "trend": 11.345914, "fair_value": 9.536432, "relative_strength": -1.201071, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 49.314923, "energy": 73.722035, "activity_lines": [ 12.013755, 11.807931, 11.383222, 11.332132 ] }, { "date": "2025-07-18", "close": 12.239193, "volume": 875600, "typical_volume": 892675.0, "trend": 11.370103, "fair_value": 9.562213, "relative_strength": -1.466797, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 76.32884, "energy": 86.852307, "activity_lines": [ 12.118499, 11.920685, 11.487059, 11.389762 ] }, { "date": "2025-07-25", "close": 12.399651, "volume": 744900, "typical_volume": 873100.0, "trend": 11.394135, "fair_value": 9.587611, "relative_strength": -0.767577, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 81.228259, "energy": 91.61422, "activity_lines": [ 12.241571, 12.038536, 11.602734, 11.456185 ] }, { "date": "2025-08-01", "close": 12.117469, "volume": 1144700, "typical_volume": 874710.0, "trend": 11.410845, "fair_value": 9.611043, "relative_strength": -1.258051, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.07014, "energy": 85.279585, "activity_lines": [ 12.221202, 12.087599, 11.685439, 11.502852 ] }, { "date": "2025-08-08", "close": 12.477839, "volume": 551000, "typical_volume": 869360.0, "trend": 11.449025, "fair_value": 9.635919, "relative_strength": -0.963241, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 79.577845, "energy": 87.584719, "activity_lines": [ 12.312728, 12.184522, 11.79664, 11.57169 ] }, { "date": "2025-08-15", "close": 12.603971, "volume": 758400, "typical_volume": 869670.0, "trend": 11.477223, "fair_value": 9.662943, "relative_strength": -0.41207, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 81.964904, "energy": 89.564301, "activity_lines": [ 12.421474, 12.285801, 11.912737, 11.646203 ] }, { "date": "2025-08-22", "close": 12.603971, "volume": 706900, "typical_volume": 815065.0, "trend": 11.495964, "fair_value": 9.69217, "relative_strength": -1.803853, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 76.073298, "energy": 76.735411, "activity_lines": [ 12.500256, 12.369015, 12.020225, 11.718896 ] }, { "date": "2025-08-29", "close": 12.645386, "volume": 777600, "typical_volume": 750335.0, "trend": 11.518792, "fair_value": 9.723926, "relative_strength": -2.162406, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 74.834369, "energy": 86.139179, "activity_lines": [ 12.568525, 12.443539, 12.117403, 11.793052 ] }, { "date": "2025-09-05", "close": 12.745528, "volume": 680200, "typical_volume": 743115.0, "trend": 11.549453, "fair_value": 9.753737, "relative_strength": -2.958655, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 75.626212, "energy": 83.915313, "activity_lines": [ 12.653792, 12.518334, 12.212707, 11.872197 ] }, { "date": "2025-09-12", "close": 13.127894, "volume": 978300, "typical_volume": 756655.0, "trend": 11.588365, "fair_value": 9.78966, "relative_strength": -0.769877, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 90.1552, "energy": 84.433795, "activity_lines": [ 12.824644, 12.648988, 12.331797, 11.974031 ] }, { "date": "2025-09-19", "close": 13.355494, "volume": 758600, "typical_volume": 755735.0, "trend": 11.643152, "fair_value": 9.829669, "relative_strength": -0.612672, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 91.726699, "energy": 92.602762, "activity_lines": [ 13.028025, 12.802434, 12.460638, 12.08804 ] }, { "date": "2025-09-26", "close": 13.391911, "volume": 599800, "typical_volume": 752895.0, "trend": 11.705682, "fair_value": 9.870708, "relative_strength": -0.234361, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 85.898764, "energy": 92.875494, "activity_lines": [ 13.193444, 12.940665, 12.581264, 12.200863 ] }, { "date": "2025-10-03", "close": 13.4995, "volume": 554000, "typical_volume": 735160.0, "trend": 11.785005, "fair_value": 9.911229, "relative_strength": -1.672796, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 82.892607, "energy": 92.684898, "activity_lines": [ 13.342196, 13.077499, 12.700341, 12.316593 ] }, { "date": "2025-10-10", "close": 13.306388, "volume": 926600, "typical_volume": 752740.0, "trend": 11.865418, "fair_value": 9.952204, "relative_strength": -0.982227, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.129604, "energy": 74.232188, "activity_lines": [ 13.369637, 13.159225, 12.79121, 12.414747 ] }, { "date": "2025-10-17", "close": 13.65583, "volume": 616800, "typical_volume": 734325.0, "trend": 11.954497, "fair_value": 9.9928, "relative_strength": 0.781081, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 80.303542, "energy": 71.464695, "activity_lines": [ 13.476168, 13.282869, 12.905073, 12.530257 ] }, { "date": "2025-10-24", "close": 13.876531, "volume": 865300, "typical_volume": 739705.0, "trend": 12.057181, "fair_value": 10.033433, "relative_strength": 1.619449, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 83.894639, "energy": 72.47743, "activity_lines": [ 13.62107, 13.425222, 13.029479, 12.654259 ] }, { "date": "2025-10-31", "close": 13.990418, "volume": 738300, "typical_volume": 741560.0, "trend": 12.203168, "fair_value": 10.075692, "relative_strength": 2.752463, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 83.008903, "energy": 72.525648, "activity_lines": [ 13.769199, 13.565145, 13.153941, 12.778984 ] }, { "date": "2025-11-07", "close": 13.702435, "volume": 762200, "typical_volume": 747520.0, "trend": 12.318294, "fair_value": 10.113619, "relative_strength": 1.883214, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.176288, "energy": 66.177752, "activity_lines": [ 13.781433, 13.627499, 13.240125, 12.875711 ] }, { "date": "2025-11-14", "close": 13.786043, "volume": 829100, "typical_volume": 748275.0, "trend": 12.441379, "fair_value": 10.152367, "relative_strength": 1.123411, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.002472, "energy": 64.071577, "activity_lines": [ 13.808007, 13.685835, 13.324542, 12.970405 ] }, { "date": "2025-11-21", "close": 13.340133, "volume": 1209300, "typical_volume": 784215.0, "trend": 12.531929, "fair_value": 10.187073, "relative_strength": -1.547588, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 60.125575, "energy": 50.561563, "activity_lines": [ 13.653967, 13.644179, 13.357957, 13.028389 ] }, { "date": "2025-11-28", "close": 14.03921, "volume": 921300, "typical_volume": 799945.0, "trend": 12.636509, "fair_value": 10.22596, "relative_strength": -0.367045, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 72.556414, "energy": 50.420198, "activity_lines": [ 13.754, 13.725768, 13.452072, 13.125633 ] }, { "date": "2025-12-05", "close": 14.02044, "volume": 506300, "typical_volume": 781480.0, "trend": 12.740026, "fair_value": 10.265839, "relative_strength": -0.203092, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.744534, "energy": 50.512853, "activity_lines": [ 13.836931, 13.791514, 13.535424, 13.214919 ] }, { "date": "2025-12-12", "close": 13.982903, "volume": 716200, "typical_volume": 780045.0, "trend": 12.824849, "fair_value": 10.306427, "relative_strength": -1.052666, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.341788, "energy": 49.137734, "activity_lines": [ 13.905348, 13.839006, 13.60672, 13.295104 ] }, { "date": "2025-12-19", "close": 14.029825, "volume": 716000, "typical_volume": 758610.0, "trend": 12.920976, "fair_value": 10.347233, "relative_strength": -1.32362, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.010271, "energy": 52.866868, "activity_lines": [ 13.970707, 13.886241, 13.674944, 13.372845 ] }, { "date": "2025-12-26", "close": 14.226899, "volume": 371500, "typical_volume": 749635.0, "trend": 13.013336, "fair_value": 10.389211, "relative_strength": -0.587829, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 71.051453, "energy": 58.62592, "activity_lines": [ 14.085506, 13.956154, 13.752832, 13.457098 ] }, { "date": "2026-01-02", "close": 13.955953, "volume": 705200, "typical_volume": 746975.0, "trend": 13.091521, "fair_value": 10.42845, "relative_strength": -2.017356, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 60.802816, "energy": 47.104591, "activity_lines": [ 14.050872, 13.966421, 13.796586, 13.517912 ] }, { "date": "2026-01-09", "close": 14.174015, "volume": 808200, "typical_volume": 752040.0, "trend": 13.173593, "fair_value": 10.467961, "relative_strength": -2.616193, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.497383, "energy": 48.711074, "activity_lines": [ 14.094476, 14.014892, 13.85467, 13.58775 ] }, { "date": "2026-01-16", "close": 14.150313, "volume": 1002200, "typical_volume": 763270.0, "trend": 13.25664, "fair_value": 10.507235, "relative_strength": -3.868626, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.325428, "energy": 46.803973, "activity_lines": [ 14.11994, 14.055715, 13.90302, 13.650764 ] }, { "date": "2026-01-23", "close": 14.117129, "volume": 1228900, "typical_volume": 790705.0, "trend": 13.327409, "fair_value": 10.546089, "relative_strength": -4.202246, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 56.997703, "energy": 40.693351, "activity_lines": [ 14.123183, 14.082362, 13.941043, 13.70628 ] }, { "date": "2026-01-30", "close": 13.947381, "volume": 1250500, "typical_volume": 804315.0, "trend": 13.388805, "fair_value": 10.584065, "relative_strength": -1.598465, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 44.090119, "energy": 32.117729, "activity_lines": [ 14.064023, 14.072125, 13.956369, 13.746278 ] }, { "date": "2026-02-06", "close": 13.779744, "volume": 1390500, "typical_volume": 835910.0, "trend": 13.44298, "fair_value": 10.621136, "relative_strength": -4.25277, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 36.761418, "energy": 21.362591, "activity_lines": [ 13.967618, 14.020368, 13.951826, 13.7715 ] }, { "date": "2026-02-13", "close": 13.497157, "volume": 1073800, "typical_volume": 859610.0, "trend": 13.484912, "fair_value": 10.656944, "relative_strength": -7.679938, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 10.495384, "energy": 12.991232, "activity_lines": [ 13.788765, 13.92195, 13.918351, 13.774995 ] }, { "date": "2026-02-20", "close": 13.679161, "volume": 666300, "typical_volume": 865225.0, "trend": 13.527562, "fair_value": 10.695185, "relative_strength": -8.248521, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 6.378024, "energy": 17.722745, "activity_lines": [ 13.715704, 13.866137, 13.901708, 13.787527 ] }, { "date": "2026-02-27", "close": 13.787746, "volume": 775200, "typical_volume": 857655.0, "trend": 13.583238, "fair_value": 10.732926, "relative_strength": -8.720294, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 5.576351, "energy": 18.811488, "activity_lines": [ 13.710248, 13.835589, 13.894551, 13.804313 ] }, { "date": "2026-03-06", "close": 13.584416, "volume": 1086800, "typical_volume": 881155.0, "trend": 13.620124, "fair_value": 10.771693, "relative_strength": -6.493863, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": -2.290431, "energy": 17.664507, "activity_lines": [ 13.658974, 13.772474, 13.865737, 13.804389 ] }, { "date": "2026-03-13", "close": 13.293944, "volume": 1011300, "typical_volume": 888455.0, "trend": 13.643123, "fair_value": 10.80708, "relative_strength": -6.826261, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -32.978641, "energy": 41.940177, "activity_lines": [ 13.535073, 13.668227, 13.809599, 13.783345 ] }, { "date": "2026-03-20", "close": 12.921172, "volume": 889500, "typical_volume": 896015.0, "trend": 13.653697, "fair_value": 10.839053, "relative_strength": -5.785178, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -53.656252, "energy": 59.756435, "activity_lines": [ 13.319302, 13.50824, 13.720733, 13.736768 ] }, { "date": "2026-03-27", "close": 12.683954, "volume": 1109200, "typical_volume": 913365.0, "trend": 13.654982, "fair_value": 10.868387, "relative_strength": -9.220192, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -55.335654, "energy": 70.392359, "activity_lines": [ 13.062858, 13.327902, 13.614367, 13.674204 ] }, { "date": "2026-04-03", "close": 13.207993, "volume": 1110500, "typical_volume": 927435.0, "trend": 13.670398, "fair_value": 10.900303, "relative_strength": -8.683925, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -62.247555, "energy": 70.062464, "activity_lines": [ 13.04744, 13.269504, 13.562759, 13.645366 ] }, { "date": "2026-04-10", "close": 13.795886, "volume": 878600, "typical_volume": 910900.0, "trend": 13.692664, "fair_value": 10.935554, "relative_strength": -6.179179, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -48.787599, "energy": 38.27247, "activity_lines": [ 13.266637, 13.334525, 13.569893, 13.653462 ] }, { "date": "2026-04-17", "close": 14.393577, "volume": 961100, "typical_volume": 912890.0, "trend": 13.727267, "fair_value": 10.974853, "relative_strength": -3.976271, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -6.022907, "energy": 8.29938, "activity_lines": [ 13.670966, 13.510973, 13.63178, 13.698682 ] }, { "date": "2026-04-24", "close": 14.569944, "volume": 1028000, "typical_volume": 938975.0, "trend": 13.766535, "fair_value": 11.014752, "relative_strength": -1.531132, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "mixed", "direction": 24.466806, "energy": 31.51116, "activity_lines": [ 14.060775, 13.708326, 13.708777, 13.753048 ] }, { "date": "2026-05-01", "close": 14.67364, "volume": 875800, "typical_volume": 946955.0, "trend": 13.805673, "fair_value": 11.055227, "relative_strength": -0.781365, "stage": 2, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 44.612358, "energy": 46.197577, "activity_lines": [ 14.375231, 13.905028, 13.793032, 13.811571 ] }, { "date": "2026-05-08", "close": 15.340178, "volume": 1283400, "typical_volume": 975325.0, "trend": 13.873466, "fair_value": 11.099976, "relative_strength": 3.068041, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 85.915252, "energy": 85.566912, "activity_lines": [ 14.779221, 14.204837, 13.937479, 13.910572 ] }, { "date": "2026-05-15", "close": 15.340178, "volume": 919800, "typical_volume": 1002740.0, "trend": 13.929611, "fair_value": 11.144375, "relative_strength": 3.753201, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 80.704785, "energy": 88.193607, "activity_lines": [ 15.041066, 14.47642, 14.075685, 14.005198 ] }, { "date": "2026-05-22", "close": 15.570526, "volume": 794400, "typical_volume": 1007200.0, "trend": 13.986077, "fair_value": 11.190294, "relative_strength": 3.266559, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 80.588104, "energy": 89.714564, "activity_lines": [ 15.27674, 14.757962, 14.230528, 14.111064 ] }, { "date": "2026-05-29", "close": 16.027197, "volume": 954000, "typical_volume": 1014490.0, "trend": 14.05397, "fair_value": 11.238353, "relative_strength": 5.277354, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 85.673683, "energy": 93.57245, "activity_lines": [ 15.586175, 15.081143, 14.421175, 14.242749 ] }, { "date": "2026-06-05", "close": 15.403531, "volume": 509100, "typical_volume": 989835.0, "trend": 14.110673, "fair_value": 11.282458, "relative_strength": 2.18898, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.104657, "energy": 82.115137, "activity_lines": [ 15.59057, 15.234456, 14.543601, 14.329817 ] }, { "date": "2026-06-12", "close": 15.670816, "volume": 213000, "typical_volume": 939040.0, "trend": 14.173499, "fair_value": 11.327791, "relative_strength": 2.371877, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 68.234847, "energy": 72.66456, "activity_lines": [ 15.635402, 15.38692, 14.685514, 14.430472 ] }, { "date": "2026-06-19", "close": 16.017298, "volume": 126300, "typical_volume": 882830.0, "trend": 14.262738, "fair_value": 11.375874, "relative_strength": 4.459828, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 76.960578, "energy": 74.26433, "activity_lines": [ 15.773684, 15.557602, 14.853028, 14.549426 ] }, { "date": "2026-06-26", "close": 15.563501, "volume": 254700, "typical_volume": 826040.0, "trend": 14.313547, "fair_value": 11.420248, "relative_strength": 1.487762, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 63.224063, "energy": 56.769878, "activity_lines": [ 15.71556, 15.605386, 14.967466, 14.633347 ] }, { "date": "2026-07-03", "close": 15.889792, "volume": 200000, "typical_volume": 782350.0, "trend": 14.375859, "fair_value": 11.467337, "relative_strength": 2.814802, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 69.295939, "energy": 60.04246, "activity_lines": [ 15.766668, 15.691224, 15.104485, 14.73504 ] }, { "date": "2026-07-10", "close": 15.879898, "volume": 1055500, "typical_volume": 801810.0, "trend": 14.439092, "fair_value": 11.512849, "relative_strength": 2.581942, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.154135, "energy": 58.659334, "activity_lines": [ 15.823638, 15.751266, 15.229168, 14.832075 ] }, { "date": "2026-07-17", "close": 15.36541, "volume": 1093700, "typical_volume": 817735.0, "trend": 14.483612, "fair_value": 11.55484, "relative_strength": -0.571116, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 50.62514, "energy": 43.413237, "activity_lines": [ 15.677355, 15.695833, 15.294373, 14.891837 ] }, { "date": "2026-07-24", "close": 15.281311, "volume": 767700, "typical_volume": 801780.0, "trend": 14.518759, "fair_value": 11.595886, "relative_strength": -1.327451, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 45.921869, "energy": 35.694134, "activity_lines": [ 15.523398, 15.624651, 15.344056, 14.943302 ] }, { "date": "2026-07-31", "close": 15.26, "volume": 1274500, "typical_volume": 814940.0, "trend": 14.562227, "fair_value": 11.637896, "relative_strength": -0.998727, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 38.749724, "energy": 23.751253, "activity_lines": [ 15.411404, 15.550664, 15.383628, 14.991124 ] }, { "date": "2026-08-07", "close": 16.030001, "volume": 1143100, "typical_volume": 827620.0, "trend": 14.624093, "fair_value": 11.684955, "relative_strength": 0.734271, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 57.946711, "energy": 31.382697, "activity_lines": [ 15.57631, 15.622323, 15.487172, 15.085819 ] } ], "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." } } }