{ "ticker": { "uuid": "ce971896-2462-4913-926d-7971ae7223dc", "symbol": "PDO", "name": "PIMCO Dynamic Income Opportunities Fund", "exchange": "NYSE", "country": "US", "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": "SPY", "stage": 3, "stage_name": "Distribution", "phase": "3a", "phase_label": "Stage 3A \u00b7 Churning", "transition": "stage_3_churning", "transition_label": "Stage 3 range intact", "confidence": 91.634, "architecture_regime": "balance", "architecture_regime_label": "Balance", "architecture_modifier": "Balance after decline", "architecture_gate": "mixed", "architecture_direction": 21.1, "architecture_energy": 13.9, "architecture_maturity": 37.424, "architecture_confidence": 51.156, "architecture_tenure": "Established", "architecture": { "interpretation": { "headline": "Directional pressure has compressed into balance.", "body": "Trend and Activity are compressed into balance, so neither side has durable control. Prior structure and the next directional change provide context; balance alone is not assumed to be a base." }, "scores": { "balance": 52.4, "rotation_up": 42.38, "upward_expansion": 46.87, "deceleration": 41.87, "rotation_down": 29.18, "downward_expansion": 9.87 }, "activity_lines": [ 13.054767, 13.040508, 12.979857, 12.96402 ], "activity_state": "Compressed", "activity_direction": "Contracting", "rotation_direction": "Stable", "price_acceptance": 0.5 }, "latest_close": 13.08, "trend_reference": 13.012704, "distance_from_trend": 0.005172, "trend_direction": "Weakening", "fair_value": 11.439472, "distance_from_fair_value": 0.143409, "fair_value_direction": "Weakening", "relative_strength": -10.179967, "relative_strength_direction": "Weakening", "price_momentum": -0.026106, "excess_performance": -0.151731, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.005172, "read": "Above" }, { "label": "Trend direction", "positive": false, "value": -0.000857, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.143409, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.027615, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.1018, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.011246, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.026106, "read": "Negative" }, { "label": "Volume balance", "positive": true, "value": 1.875945, "read": "Demand-led" } ], "volume": { "latest": 3137183, "relative_activity": 1.030342, "balance": 1.875945, "dry_up": 0.907859, "accumulation_observations": 2, "distribution_observations": 2 }, "risk": { "range_context": 0.024637, "annualized_volatility": 0.152774, "from_high_reference": -0.042374, "from_low_reference": 0.08881 }, "levels": { "trend_reference": 13.012704, "fair_value_reference": 11.439472, "structural_low": 12.01312, "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": 8, "median_return": -0.004208, "positive_rate": 0.375, "directional_follow_through": 0.375, "median_excess_return": -0.010673, "regime_survival": 0.625, "best_return": 0.071409, "worst_return": -0.087691, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 4, "median_return": -0.020196, "positive_rate": 0.25, "directional_follow_through": 0.25, "median_excess_return": -0.050296, "regime_survival": 0.25, "best_return": 0.032226, "worst_return": -0.062632, "sufficient": false }, { "horizon": "Extended", "sample_count": 2, "median_return": -0.018322, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": -0.044113, "regime_survival": 0.0, "best_return": 0.014482, "worst_return": -0.051125, "sufficient": false }, { "horizon": "Full cycle", "sample_count": 1, "median_return": -0.0192, "positive_rate": 0.0, "directional_follow_through": 0.0, "median_excess_return": -0.070257, "regime_survival": 0.0, "best_return": -0.0192, "worst_return": -0.0192, "sufficient": false } ], "ledger": [ { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2023-06-30", "end": "2023-07-14", "tenure": "New", "return": 0.014402, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2023-07-21", "end": "2023-08-18", "tenure": "Developing", "return": -0.034816, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2023-08-25", "end": "2023-09-29", "tenure": "Developing", "return": -0.044554, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2023-10-06", "end": "2023-10-20", "tenure": "New", "return": -0.068643, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2023-10-27", "end": "2023-12-01", "tenure": "Developing", "return": 0.160802, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2023-12-08", "end": "2024-01-26", "tenure": "Developing", "return": 0.084457, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-02-02", "end": "2024-11-01", "tenure": "Extended", "return": 0.125697, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-11-08", "end": "2025-01-24", "tenure": "Developing", "return": 0.023981, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-01-31", "end": "2025-03-28", "tenure": "Developing", "return": 0.017311, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-04-04", "end": "2025-04-11", "tenure": "New", "return": -0.002494, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-04-18", "end": "2025-07-11", "tenure": "Established", "return": 0.047628, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-07-18", "end": "2026-03-06", "tenure": "Extended", "return": 0.090259, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2026-03-13", "end": "2026-04-24", "tenure": "Developing", "return": 0.028877, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-05-01", "end": "2026-08-07", "tenure": "Established", "return": -0.003734, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 9.033772, "volume": 1807021, "typical_volume": 1820589.6, "trend": 9.092401, "fair_value": 9.911159, "relative_strength": -6.646961, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 30.135794, "energy": 19.717125, "activity_lines": [ 9.231027, 9.265778, 9.187521, 9.109261 ] }, { "date": "2023-08-25", "close": 9.055401, "volume": 1712462, "typical_volume": 1828576.05, "trend": 9.076371, "fair_value": 9.90482, "relative_strength": -6.960743, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 22.414711, "energy": 18.475069, "activity_lines": [ 9.157645, 9.227515, 9.184386, 9.106874 ] }, { "date": "2023-09-01", "close": 9.199596, "volume": 1887625, "typical_volume": 1845294.2, "trend": 9.060882, "fair_value": 9.899634, "relative_strength": -7.602943, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 24.59167, "energy": 21.903784, "activity_lines": [ 9.152611, 9.21807, 9.193371, 9.114824 ] }, { "date": "2023-09-08", "close": 9.190872, "volume": 1632729, "typical_volume": 1837941.35, "trend": 9.04717, "fair_value": 9.894461, "relative_strength": -6.356117, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 21.294463, "energy": 21.654715, "activity_lines": [ 9.15391, 9.207018, 9.199744, 9.123211 ] }, { "date": "2023-09-15", "close": 9.037934, "volume": 2109046, "typical_volume": 1878140.9, "trend": 9.036968, "fair_value": 9.888254, "relative_strength": -7.578765, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -1.529218, "energy": 12.677288, "activity_lines": [ 9.113101, 9.16894, 9.189217, 9.122615 ] }, { "date": "2023-09-22", "close": 8.855864, "volume": 2133683, "typical_volume": 1849923.7, "trend": 9.021829, "fair_value": 9.880827, "relative_strength": -6.502079, "stage": 1, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": -17.638212, "energy": 26.869438, "activity_lines": [ 9.030551, 9.102218, 9.160337, 9.110931 ] }, { "date": "2023-09-29", "close": 8.651946, "volume": 2568754, "typical_volume": 1883011.75, "trend": 9.007595, "fair_value": 9.872049, "relative_strength": -7.819809, "stage": 1, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -47.735853, "energy": 62.186828, "activity_lines": [ 8.891889, 9.00771, 9.113212, 9.087067 ] }, { "date": "2023-10-06", "close": 8.499008, "volume": 3483795, "typical_volume": 1978231.0, "trend": 8.998957, "fair_value": 9.862311, "relative_strength": -9.638555, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -59.779669, "energy": 77.344474, "activity_lines": [ 8.729144, 8.898263, 9.053326, 9.054255 ] }, { "date": "2023-10-13", "close": 8.224873, "volume": 2683369, "typical_volume": 2043942.65, "trend": 8.988731, "fair_value": 9.85078, "relative_strength": -12.669724, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -64.094759, "energy": 84.886941, "activity_lines": [ 8.521726, 8.75423, 8.9691, 9.004314 ] }, { "date": "2023-10-20", "close": 7.915612, "volume": 3324686, "typical_volume": 2121647.7, "trend": 8.96362, "fair_value": 9.837248, "relative_strength": -13.675609, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -94.355074, "energy": 97.374806, "activity_lines": [ 8.275622, 8.573952, 8.858293, 8.935081 ] }, { "date": "2023-10-27", "close": 7.908248, "volume": 2573508, "typical_volume": 2141295.95, "trend": 8.943527, "fair_value": 9.823852, "relative_strength": -11.391055, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -86.351545, "energy": 94.783985, "activity_lines": [ 8.101885, 8.417909, 8.752363, 8.866992 ] }, { "date": "2023-11-03", "close": 8.769761, "volume": 3665558, "typical_volume": 2232405.75, "trend": 8.945287, "fair_value": 9.816582, "relative_strength": -6.995931, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.545309, "energy": 70.940552, "activity_lines": [ 8.278492, 8.438968, 8.734256, 8.855782 ] }, { "date": "2023-11-10", "close": 8.569404, "volume": 2929189, "typical_volume": 2314778.8, "trend": 8.936755, "fair_value": 9.80804, "relative_strength": -10.089857, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.782575, "energy": 50.311639, "activity_lines": [ 8.38046, 8.428792, 8.699108, 8.831531 ] }, { "date": "2023-11-17", "close": 8.971444, "volume": 3294133, "typical_volume": 2404698.85, "trend": 8.945785, "fair_value": 9.802349, "relative_strength": -7.81326, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -29.521395, "energy": 18.786552, "activity_lines": [ 8.611748, 8.503172, 8.705245, 8.833769 ] }, { "date": "2023-11-24", "close": 8.963999, "volume": 1301834, "typical_volume": 2409054.65, "trend": 8.950406, "fair_value": 9.796684, "relative_strength": -8.572802, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -15.805305, "energy": 26.369041, "activity_lines": [ 8.790784, 8.580188, 8.711922, 8.834944 ] }, { "date": "2023-12-01", "close": 9.179909, "volume": 2905892, "typical_volume": 2438613.55, "trend": 8.952982, "fair_value": 9.792545, "relative_strength": -6.89251, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "mixed", "direction": 16.209413, "energy": 28.542907, "activity_lines": [ 8.971896, 8.697805, 8.740683, 8.849751 ] }, { "date": "2023-12-08", "close": 9.081558, "volume": 3883045, "typical_volume": 2542418.05, "trend": 8.954663, "fair_value": 9.787805, "relative_strength": -7.744994, "stage": 4, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 21.314441, "energy": 31.238465, "activity_lines": [ 9.035448, 8.791649, 8.760966, 8.858046 ] }, { "date": "2023-12-15", "close": 9.126703, "volume": 3697685, "typical_volume": 2633813.4, "trend": 8.963216, "fair_value": 9.783427, "relative_strength": -9.115796, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 22.718957, "energy": 30.128714, "activity_lines": [ 9.093261, 8.885889, 8.786874, 8.869146 ] }, { "date": "2023-12-22", "close": 8.998794, "volume": 4223032, "typical_volume": 2732378.4, "trend": 8.968906, "fair_value": 9.778265, "relative_strength": -10.858109, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 19.990574, "energy": 26.011165, "activity_lines": [ 9.071285, 8.94546, 8.801606, 8.871441 ] }, { "date": "2023-12-29", "close": 9.209468, "volume": 3846024, "typical_volume": 2783153.5, "trend": 8.972984, "fair_value": 9.774547, "relative_strength": -8.822963, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 25.591256, "energy": 25.877974, "activity_lines": [ 9.11771, 9.029265, 8.837951, 8.886961 ] }, { "date": "2024-01-05", "close": 9.502907, "volume": 3734269, "typical_volume": 2879515.9, "trend": 8.985725, "fair_value": 9.772783, "relative_strength": -4.14656, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 37.015892, "energy": 38.867392, "activity_lines": [ 9.245584, 9.142897, 8.90278, 8.92115 ] }, { "date": "2024-01-12", "close": 9.780168, "volume": 3389791, "typical_volume": 2963382.35, "trend": 9.005116, "fair_value": 9.772831, "relative_strength": -2.902288, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 53.6147, "energy": 61.249253, "activity_lines": [ 9.444344, 9.277947, 8.99178, 8.972404 ] }, { "date": "2024-01-19", "close": 9.544593, "volume": 2295437, "typical_volume": 2983772.95, "trend": 9.016655, "fair_value": 9.771368, "relative_strength": -6.028437, "stage": 2, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 38.528784, "energy": 61.463154, "activity_lines": [ 9.518006, 9.351794, 9.054894, 9.007209 ] }, { "date": "2024-01-26", "close": 9.848561, "volume": 2028040, "typical_volume": 3003538.5, "trend": 9.037147, "fair_value": 9.766244, "relative_strength": -3.704412, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 75.897041, "energy": 79.313095, "activity_lines": [ 9.665131, 9.463177, 9.145313, 9.06088 ] }, { "date": "2024-02-02", "close": 9.970148, "volume": 2314212, "typical_volume": 3013796.8, "trend": 9.060043, "fair_value": 9.761899, "relative_strength": -3.563507, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 80.071159, "energy": 87.816385, "activity_lines": [ 9.796134, 9.580719, 9.244181, 9.121074 ] }, { "date": "2024-02-09", "close": 9.960953, "volume": 2906850, "typical_volume": 3052455.15, "trend": 9.079849, "fair_value": 9.756925, "relative_strength": -4.616776, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 74.907682, "energy": 87.494963, "activity_lines": [ 9.87336, 9.678296, 9.337734, 9.179197 ] }, { "date": "2024-02-16", "close": 9.845842, "volume": 1815389, "typical_volume": 3014786.9, "trend": 9.096055, "fair_value": 9.749803, "relative_strength": -5.086117, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.221072, "energy": 85.694154, "activity_lines": [ 9.881679, 9.740742, 9.415061, 9.228616 ] }, { "date": "2024-02-23", "close": 9.960953, "volume": 1412549, "typical_volume": 2911224.6, "trend": 9.116813, "fair_value": 9.743654, "relative_strength": -5.181671, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 69.966041, "energy": 84.806684, "activity_lines": [ 9.92399, 9.810222, 9.497667, 9.284416 ] }, { "date": "2024-03-01", "close": 10.045368, "volume": 1819413, "typical_volume": 2868026.8, "trend": 9.140861, "fair_value": 9.740396, "relative_strength": -5.026196, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 73.373543, "energy": 78.380477, "activity_lines": [ 9.966682, 9.879882, 9.58135, 9.344323 ] }, { "date": "2024-03-08", "close": 10.128171, "volume": 2101983, "typical_volume": 2806891.65, "trend": 9.167728, "fair_value": 9.737669, "relative_strength": -3.740186, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 76.092702, "energy": 76.059213, "activity_lines": [ 10.023855, 9.945568, 9.66425, 9.40802 ] }, { "date": "2024-03-15", "close": 9.918943, "volume": 2181471, "typical_volume": 2787289.8, "trend": 9.197233, "fair_value": 9.733466, "relative_strength": -5.432757, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.657372, "energy": 62.811983, "activity_lines": [ 10.00075, 9.95651, 9.716687, 9.456486 ] }, { "date": "2024-03-22", "close": 10.104924, "volume": 2360313, "typical_volume": 2722027.55, "trend": 9.232217, "fair_value": 9.730695, "relative_strength": -5.512545, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 70.489832, "energy": 63.739827, "activity_lines": [ 10.04244, 9.993701, 9.777263, 9.515046 ] }, { "date": "2024-03-29", "close": 10.205663, "volume": 1915284, "typical_volume": 2671332.3, "trend": 9.265753, "fair_value": 9.728265, "relative_strength": -4.768768, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 75.754771, "energy": 65.280854, "activity_lines": [ 10.100437, 10.043304, 9.841075, 9.577849 ] }, { "date": "2024-04-05", "close": 10.205663, "volume": 2393258, "typical_volume": 2626288.55, "trend": 9.299579, "fair_value": 9.72422, "relative_strength": -3.74228, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 72.30182, "energy": 64.341389, "activity_lines": [ 10.14212, 10.080888, 9.897095, 9.638489 ] }, { "date": "2024-04-12", "close": 9.884095, "volume": 2824767, "typical_volume": 2702435.2, "trend": 9.327785, "fair_value": 9.717638, "relative_strength": -5.181534, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.941449, "energy": 53.452451, "activity_lines": [ 10.065927, 10.053512, 9.916612, 9.676199 ] }, { "date": "2024-04-19", "close": 9.938876, "volume": 2151456, "typical_volume": 2664713.4, "trend": 9.363885, "fair_value": 9.711441, "relative_strength": -1.510219, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 48.509517, "energy": 42.017228, "activity_lines": [ 10.024267, 10.037661, 9.936965, 9.715625 ] }, { "date": "2024-04-26", "close": 10.158001, "volume": 1478394, "typical_volume": 2544480.85, "trend": 9.414087, "fair_value": 9.705867, "relative_strength": -1.790388, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 58.117276, "energy": 41.578082, "activity_lines": [ 10.054319, 10.062052, 9.974573, 9.766858 ] }, { "date": "2024-05-03", "close": 10.392777, "volume": 1661039, "typical_volume": 2442648.55, "trend": 9.477213, "fair_value": 9.701153, "relative_strength": 0.078349, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 78.570641, "energy": 51.525849, "activity_lines": [ 10.159091, 10.123454, 10.029414, 9.829999 ] }, { "date": "2024-05-10", "close": 10.35983, "volume": 1738374, "typical_volume": 2318415.65, "trend": 9.548378, "fair_value": 9.69783, "relative_strength": -1.847763, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 73.136811, "energy": 56.170633, "activity_lines": [ 10.240407, 10.171015, 10.075089, 9.886942 ] }, { "date": "2024-05-17", "close": 10.399342, "volume": 1519183, "typical_volume": 2202073.6, "trend": 9.631169, "fair_value": 9.694282, "relative_strength": -2.904677, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 70.82993, "energy": 66.312042, "activity_lines": [ 10.324616, 10.220041, 10.118046, 9.941843 ] }, { "date": "2024-05-24", "close": 10.438853, "volume": 1919089, "typical_volume": 2111314.6, "trend": 9.715522, "fair_value": 9.6888, "relative_strength": -2.384747, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 70.496575, "energy": 73.801022, "activity_lines": [ 10.387645, 10.271322, 10.1591, 9.993952 ] }, { "date": "2024-05-31", "close": 10.494168, "volume": 1272766, "typical_volume": 2005463.35, "trend": 9.773003, "fair_value": 9.683263, "relative_strength": -1.327684, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 72.481957, "energy": 72.389784, "activity_lines": [ 10.435781, 10.323206, 10.200965, 10.044187 ] }, { "date": "2024-06-07", "close": 10.549484, "volume": 2083653, "typical_volume": 1994874.15, "trend": 9.839005, "fair_value": 9.675657, "relative_strength": -1.875368, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 73.893707, "energy": 70.941309, "activity_lines": [ 10.479944, 10.378071, 10.244698, 10.094282 ] }, { "date": "2024-06-14", "close": 10.499876, "volume": 1364142, "typical_volume": 1961679.25, "trend": 9.889953, "fair_value": 9.669966, "relative_strength": -3.748137, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.344973, "energy": 60.554802, "activity_lines": [ 10.497125, 10.417665, 10.278921, 10.136919 ] }, { "date": "2024-06-21", "close": 10.547748, "volume": 1732365, "typical_volume": 1932586.9, "trend": 9.942745, "fair_value": 9.663448, "relative_strength": -3.728458, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.851935, "energy": 57.381416, "activity_lines": [ 10.520926, 10.460614, 10.314602, 10.179358 ] }, { "date": "2024-06-28", "close": 10.603599, "volume": 1461097, "typical_volume": 1860299.25, "trend": 9.990201, "fair_value": 9.655158, "relative_strength": -3.015149, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 71.708983, "energy": 58.262433, "activity_lines": [ 10.55345, 10.501651, 10.352852, 10.221993 ] }, { "date": "2024-07-05", "close": 10.65147, "volume": 1222105, "typical_volume": 1830635.05, "trend": 10.042531, "fair_value": 9.647593, "relative_strength": -4.200186, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 72.768704, "energy": 58.124252, "activity_lines": [ 10.590948, 10.539306, 10.392601, 10.264656 ] }, { "date": "2024-07-12", "close": 10.697975, "volume": 2183213, "typical_volume": 1869168.25, "trend": 10.094907, "fair_value": 9.641223, "relative_strength": -4.514499, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 75.087981, "energy": 68.076605, "activity_lines": [ 10.633462, 10.576444, 10.432942, 10.306943 ] }, { "date": "2024-07-19", "close": 10.657696, "volume": 4521485, "typical_volume": 2004271.85, "trend": 10.150204, "fair_value": 9.633283, "relative_strength": -2.82071, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.623365, "energy": 71.243731, "activity_lines": [ 10.652649, 10.60071, 10.465938, 10.343252 ] }, { "date": "2024-07-26", "close": 10.746309, "volume": 1880912, "typical_volume": 1993218.3, "trend": 10.201432, "fair_value": 9.627984, "relative_strength": -1.099897, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 76.624412, "energy": 82.399203, "activity_lines": [ 10.690853, 10.635671, 10.504457, 10.38171 ] }, { "date": "2024-08-02", "close": 10.851033, "volume": 2288722, "typical_volume": 1998580.85, "trend": 10.246369, "fair_value": 9.623356, "relative_strength": 2.105074, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 84.450342, "energy": 90.290566, "activity_lines": [ 10.750727, 10.683365, 10.550006, 10.42362 ] }, { "date": "2024-08-09", "close": 10.762421, "volume": 2995605, "typical_volume": 2030345.45, "trend": 10.279111, "fair_value": 9.617646, "relative_strength": 1.35383, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.037049, "energy": 73.941528, "activity_lines": [ 10.764569, 10.707453, 10.582678, 10.456913 ] }, { "date": "2024-08-16", "close": 10.865762, "volume": 1932208, "typical_volume": 2031191.65, "trend": 10.32315, "fair_value": 9.61378, "relative_strength": -1.477011, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 76.20044, "energy": 76.73058, "activity_lines": [ 10.80546, 10.745453, 10.622061, 10.494762 ] }, { "date": "2024-08-23", "close": 10.955226, "volume": 2080894, "typical_volume": 2015573.45, "trend": 10.360039, "fair_value": 9.609168, "relative_strength": -1.91662, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 81.291719, "energy": 79.164656, "activity_lines": [ 10.864988, 10.793969, 10.66682, 10.535541 ] }, { "date": "2024-08-30", "close": 11.182952, "volume": 2649357, "typical_volume": 2006802.95, "trend": 10.400466, "fair_value": 9.605113, "relative_strength": -0.072107, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 91.888258, "energy": 86.194944, "activity_lines": [ 10.980588, 10.875611, 10.729699, 10.588632 ] }, { "date": "2024-09-06", "close": 11.288681, "volume": 2274439, "typical_volume": 2012952.1, "trend": 10.444723, "fair_value": 9.603095, "relative_strength": 5.22888, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 90.783807, "energy": 94.888297, "activity_lines": [ 11.102322, 10.964926, 10.796462, 10.645936 ] }, { "date": "2024-09-13", "close": 11.408969, "volume": 2847540, "typical_volume": 2081409.4, "trend": 10.496828, "fair_value": 9.602861, "relative_strength": 2.282765, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 90.252921, "energy": 96.037228, "activity_lines": [ 11.234976, 11.063657, 10.868253, 10.708146 ] }, { "date": "2024-09-20", "close": 11.458217, "volume": 3174323, "typical_volume": 2157073.6, "trend": 10.546736, "fair_value": 9.603397, "relative_strength": 1.352674, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 86.132606, "energy": 94.74063, "activity_lines": [ 11.340942, 11.157568, 10.938778, 10.770171 ] }, { "date": "2024-09-27", "close": 11.548503, "volume": 2350594, "typical_volume": 2187684.6, "trend": 10.596841, "fair_value": 9.604407, "relative_strength": 1.60571, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 85.357221, "energy": 94.312018, "activity_lines": [ 11.437507, 11.254073, 11.012828, 10.834801 ] }, { "date": "2024-10-04", "close": 11.778324, "volume": 3477345, "typical_volume": 2285592.7, "trend": 10.651846, "fair_value": 9.605044, "relative_strength": 3.304512, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 92.219433, "energy": 95.778713, "activity_lines": [ 11.571127, 11.376167, 11.103105, 10.911026 ] }, { "date": "2024-10-11", "close": 11.587819, "volume": 2868201, "typical_volume": 2333048.3, "trend": 10.707475, "fair_value": 9.603653, "relative_strength": 0.41089, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.258165, "energy": 68.157087, "activity_lines": [ 11.601554, 11.44486, 11.168672, 10.971411 ] }, { "date": "2024-10-18", "close": 11.488424, "volume": 3390797, "typical_volume": 2438949.85, "trend": 10.753592, "fair_value": 9.603241, "relative_strength": -1.361063, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.220973, "energy": 66.211116, "activity_lines": [ 11.578906, 11.482085, 11.219302, 11.021795 ] }, { "date": "2024-10-25", "close": 11.438726, "volume": 2805870, "typical_volume": 2475060.7, "trend": 10.794694, "fair_value": 9.603598, "relative_strength": -0.869102, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.441273, "energy": 61.934282, "activity_lines": [ 11.534396, 11.497074, 11.260464, 11.065997 ] }, { "date": "2024-11-01", "close": 11.22337, "volume": 3635052, "typical_volume": 2588606.2, "trend": 10.828618, "fair_value": 9.602434, "relative_strength": -1.297167, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 46.437208, "energy": 39.196387, "activity_lines": [ 11.419399, 11.462489, 11.276881, 11.093654 ] }, { "date": "2024-11-08", "close": 11.413878, "volume": 3312359, "typical_volume": 2667605.9, "trend": 10.87961, "fair_value": 9.602814, "relative_strength": -4.1191, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 41.016, "energy": 29.427191, "activity_lines": [ 11.389581, 11.457667, 11.307997, 11.131412 ] }, { "date": "2024-11-15", "close": 11.120821, "volume": 3045144, "typical_volume": 2746808.25, "trend": 10.919008, "fair_value": 9.601881, "relative_strength": -4.487427, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 28.092928, "energy": 22.839847, "activity_lines": [ 11.286374, 11.395364, 11.307078, 11.146974 ] }, { "date": "2024-11-22", "close": 11.363305, "volume": 2009494, "typical_volume": 2786177.7, "trend": 10.959185, "fair_value": 9.603208, "relative_strength": -3.923153, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 28.683725, "energy": 21.373846, "activity_lines": [ 11.295127, 11.3802, 11.32679, 11.175639 ] }, { "date": "2024-11-29", "close": 11.421836, "volume": 1560790, "typical_volume": 2755056.55, "trend": 10.993487, "fair_value": 9.605123, "relative_strength": -4.435298, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 36.049605, "energy": 18.432611, "activity_lines": [ 11.331733, 11.376509, 11.348687, 11.205487 ] }, { "date": "2024-12-06", "close": 11.580705, "volume": 3524882, "typical_volume": 2705226.4, "trend": 11.034183, "fair_value": 9.606084, "relative_strength": -3.856189, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 58.710247, "energy": 30.801794, "activity_lines": [ 11.42242, 11.402364, 11.382267, 11.243372 ] }, { "date": "2024-12-13", "close": 11.402884, "volume": 3270893, "typical_volume": 2774725.45, "trend": 11.067634, "fair_value": 9.60813, "relative_strength": -4.69834, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 46.702983, "energy": 30.488148, "activity_lines": [ 11.430012, 11.395303, 11.394517, 11.267159 ] }, { "date": "2024-12-20", "close": 11.073711, "volume": 4013551, "typical_volume": 2860966.9, "trend": 11.088796, "fair_value": 9.60803, "relative_strength": -5.671722, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 5.683333, "energy": 8.342121, "activity_lines": [ 11.328612, 11.335218, 11.37229, 11.267551 ] }, { "date": "2024-12-27", "close": 11.217197, "volume": 4029667, "typical_volume": 2912670.0, "trend": 11.112897, "fair_value": 9.60874, "relative_strength": -4.998325, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 11.628646, "energy": 7.377991, "activity_lines": [ 11.278182, 11.310569, 11.362668, 11.275835 ] }, { "date": "2025-01-03", "close": 11.54637, "volume": 4883718, "typical_volume": 3060245.5, "trend": 11.146127, "fair_value": 9.611742, "relative_strength": -1.603547, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 30.562525, "energy": 14.384587, "activity_lines": [ 11.347216, 11.350701, 11.38223, 11.303801 ] }, { "date": "2025-01-10", "close": 11.55481, "volume": 4310969, "typical_volume": 3171749.25, "trend": 11.181291, "fair_value": 9.616046, "relative_strength": 0.497636, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 41.638705, "energy": 17.920064, "activity_lines": [ 11.410762, 11.390411, 11.399356, 11.330168 ] }, { "date": "2025-01-17", "close": 11.545806, "volume": 3433595, "typical_volume": 3210961.15, "trend": 11.21456, "fair_value": 9.621281, "relative_strength": -2.384578, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 50.748813, "energy": 31.002221, "activity_lines": [ 11.473032, 11.422457, 11.412768, 11.353685 ] }, { "date": "2025-01-24", "close": 11.687593, "volume": 1801672, "typical_volume": 3187322.8, "trend": 11.250693, "fair_value": 9.62856, "relative_strength": -2.75728, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 60.645331, "energy": 53.430988, "activity_lines": [ 11.573037, 11.477884, 11.437956, 11.384203 ] }, { "date": "2025-01-31", "close": 11.809953, "volume": 2407546, "typical_volume": 3165323.1, "trend": 11.289309, "fair_value": 9.637832, "relative_strength": -0.657501, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 68.812327, "energy": 65.527618, "activity_lines": [ 11.672903, 11.545253, 11.472898, 11.420284 ] }, { "date": "2025-02-07", "close": 11.912204, "volume": 2756455, "typical_volume": 3144429.7, "trend": 11.329783, "fair_value": 9.648612, "relative_strength": 0.407133, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 75.015351, "energy": 72.98089, "activity_lines": [ 11.767336, 11.623093, 11.515669, 11.460471 ] }, { "date": "2025-02-14", "close": 11.884931, "volume": 2578871, "typical_volume": 3155843.55, "trend": 11.370691, "fair_value": 9.660765, "relative_strength": -1.244748, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 70.150855, "energy": 74.615811, "activity_lines": [ 11.828288, 11.687058, 11.55368, 11.496287 ] }, { "date": "2025-02-21", "close": 11.92793, "volume": 2704238, "typical_volume": 3117188.2, "trend": 11.410079, "fair_value": 9.673414, "relative_strength": 0.723314, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 70.284216, "energy": 75.79504, "activity_lines": [ 11.881566, 11.75331, 11.594184, 11.532238 ] }, { "date": "2025-02-28", "close": 12.099926, "volume": 2648899, "typical_volume": 3106223.1, "trend": 11.451708, "fair_value": 9.686356, "relative_strength": 3.113389, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 78.596646, "energy": 79.533726, "activity_lines": [ 11.9667, 11.841287, 11.650357, 11.576744 ] }, { "date": "2025-03-07", "close": 12.082726, "volume": 2659986, "typical_volume": 3069682.55, "trend": 11.495719, "fair_value": 9.703068, "relative_strength": 6.134953, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 72.449772, "energy": 75.188186, "activity_lines": [ 12.018613, 11.907479, 11.702453, 11.617455 ] }, { "date": "2025-03-14", "close": 11.806051, "volume": 3657287, "typical_volume": 3112253.4, "trend": 11.527062, "fair_value": 9.716743, "relative_strength": 5.982799, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 62.445212, "energy": 49.221691, "activity_lines": [ 11.960115, 11.907629, 11.725369, 11.637476 ] }, { "date": "2025-03-21", "close": 11.979669, "volume": 2747126, "typical_volume": 3067857.1, "trend": 11.56121, "fair_value": 9.732683, "relative_strength": 6.830215, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.234416, "energy": 48.356971, "activity_lines": [ 11.966567, 11.934624, 11.763071, 11.666677 ] }, { "date": "2025-03-28", "close": 12.014393, "volume": 2138566, "typical_volume": 3009167.45, "trend": 11.588924, "fair_value": 9.746173, "relative_strength": 8.548496, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 64.255999, "energy": 45.635143, "activity_lines": [ 11.978278, 11.960209, 11.800478, 11.695915 ] }, { "date": "2025-04-04", "close": 11.172344, "volume": 5623721, "typical_volume": 3138096.3, "trend": 11.585047, "fair_value": 9.754864, "relative_strength": 10.772525, "stage": 2, "regime": "rotation_down", "modifier": "Structural failure", "gate": "up", "direction": 3.371528, "energy": 14.414415, "activity_lines": [ 11.703542, 11.824174, 11.754831, 11.669038 ] }, { "date": "2025-04-11", "close": 11.144478, "volume": 8179496, "typical_volume": 3446596.4, "trend": 11.57623, "fair_value": 9.765246, "relative_strength": 4.436582, "stage": 2, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -28.877195, "energy": 29.289678, "activity_lines": [ 11.481356, 11.69244, 11.706284, 11.640615 ] }, { "date": "2025-04-18", "close": 11.530282, "volume": 2262987, "typical_volume": 3481706.25, "trend": 11.578632, "fair_value": 9.777765, "relative_strength": 9.431599, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -13.269243, "energy": 26.502072, "activity_lines": [ 11.450321, 11.642952, 11.695523, 11.63765 ] }, { "date": "2025-04-25", "close": 11.828403, "volume": 2183951, "typical_volume": 3414659.7, "trend": 11.587962, "fair_value": 9.793878, "relative_strength": 7.193268, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -2.662697, "energy": 19.732246, "activity_lines": [ 11.537044, 11.654612, 11.712637, 11.653765 ] }, { "date": "2025-05-02", "close": 11.924855, "volume": 2436976, "typical_volume": 3372963.85, "trend": 11.592847, "fair_value": 9.81158, "relative_strength": 4.947755, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 27.095609, "energy": 14.617826, "activity_lines": [ 11.666002, 11.684837, 11.737759, 11.6755 ] }, { "date": "2025-05-09", "close": 11.837172, "volume": 2315131, "typical_volume": 3288042.85, "trend": 11.601158, "fair_value": 9.831009, "relative_strength": 4.539361, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 36.482309, "energy": 21.897494, "activity_lines": [ 11.771702, 11.699175, 11.752043, 11.691262 ] }, { "date": "2025-05-16", "close": 11.967104, "volume": 1997613, "typical_volume": 3186440.15, "trend": 11.617114, "fair_value": 9.851119, "relative_strength": 0.351901, "stage": 3, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 45.249676, "energy": 31.53364, "activity_lines": [ 11.876391, 11.741914, 11.775067, 11.714872 ] }, { "date": "2025-05-23", "close": 11.763522, "volume": 1902680, "typical_volume": 3037388.25, "trend": 11.627941, "fair_value": 9.867626, "relative_strength": 1.181592, "stage": 3, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 39.323116, "energy": 26.26085, "activity_lines": [ 11.858377, 11.749741, 11.775131, 11.724317 ] }, { "date": "2025-05-30", "close": 11.869738, "volume": 1256497, "typical_volume": 2884664.65, "trend": 11.649487, "fair_value": 9.885153, "relative_strength": 0.315681, "stage": 3, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 40.230392, "energy": 28.892467, "activity_lines": [ 11.860219, 11.777653, 11.784277, 11.739917 ] }, { "date": "2025-06-06", "close": 11.896293, "volume": 1980202, "typical_volume": 2811995.0, "trend": 11.665567, "fair_value": 9.905004, "relative_strength": -1.081766, "stage": 3, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 50.083041, "energy": 29.131677, "activity_lines": [ 11.868158, 11.812392, 11.794452, 11.75584 ] }, { "date": "2025-06-13", "close": 11.902609, "volume": 1984450, "typical_volume": 2821133.9, "trend": 11.691627, "fair_value": 9.929378, "relative_strength": -0.707506, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 49.511394, "energy": 23.670381, "activity_lines": [ 11.880105, 11.850426, 11.80356, 11.771133 ] }, { "date": "2025-06-20", "close": 11.884738, "volume": 1121995, "typical_volume": 2756856.35, "trend": 11.709008, "fair_value": 9.952004, "relative_strength": -0.733755, "stage": 3, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 48.74012, "energy": 23.933066, "activity_lines": [ 11.881734, 11.871934, 11.809942, 11.783592 ] }, { "date": "2025-06-27", "close": 12.000904, "volume": 1710430, "typical_volume": 2704555.1, "trend": 11.72831, "fair_value": 9.974804, "relative_strength": -3.107002, "stage": 3, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 54.403298, "energy": 28.603996, "activity_lines": [ 11.927575, 11.901103, 11.827031, 11.802424 ] }, { "date": "2025-07-04", "close": 12.05452, "volume": 1711966, "typical_volume": 2661209.85, "trend": 11.744104, "fair_value": 9.996931, "relative_strength": -4.282225, "stage": 3, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 59.843666, "energy": 40.892681, "activity_lines": [ 11.975463, 11.931465, 11.848804, 11.82347 ] }, { "date": "2025-07-11", "close": 12.079451, "volume": 2241657, "typical_volume": 2638080.8, "trend": 11.766656, "fair_value": 10.01872, "relative_strength": -3.822353, "stage": 3, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 65.048406, "energy": 57.21672, "activity_lines": [ 12.019342, 11.962247, 11.872143, 11.845105 ] }, { "date": "2025-07-18", "close": 12.016302, "volume": 2149145, "typical_volume": 2613093.1, "trend": 11.798076, "fair_value": 10.039299, "relative_strength": -4.882768, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 58.356149, "energy": 57.477201, "activity_lines": [ 12.029961, 11.978738, 11.888748, 11.861211 ] }, { "date": "2025-07-25", "close": 12.178684, "volume": 1775378, "typical_volume": 2568862.7, "trend": 11.830125, "fair_value": 10.058159, "relative_strength": -4.959136, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 72.366415, "energy": 69.014225, "activity_lines": [ 12.087128, 12.021495, 11.921215, 11.885767 ] }, { "date": "2025-08-01", "close": 12.232812, "volume": 2867664, "typical_volume": 2529381.55, "trend": 11.853007, "fair_value": 10.077482, "relative_strength": -2.087226, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 74.968195, "energy": 74.600603, "activity_lines": [ 12.142742, 12.070247, 11.95838, 11.911747 ] }, { "date": "2025-08-08", "close": 12.368131, "volume": 2720198, "typical_volume": 2528035.15, "trend": 11.880117, "fair_value": 10.096486, "relative_strength": -3.310517, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 82.343016, "energy": 82.350618, "activity_lines": [ 12.228001, 12.13507, 12.006401, 11.94498 ] }, { "date": "2025-08-15", "close": 12.393555, "volume": 1993195, "typical_volume": 2520766.6, "trend": 11.908376, "fair_value": 10.116889, "relative_strength": -4.000636, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 78.76382, "energy": 85.802926, "activity_lines": [ 12.300827, 12.195454, 12.054993, 11.978105 ] }, { "date": "2025-08-22", "close": 12.511936, "volume": 2190673, "typical_volume": 2349114.2, "trend": 11.935854, "fair_value": 10.138129, "relative_strength": -3.332839, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 84.540206, "energy": 93.012596, "activity_lines": [ 12.392173, 12.26832, 12.113054, 12.017045 ] }, { "date": "2025-08-29", "close": 12.62121, "volume": 2125327, "typical_volume": 2046405.75, "trend": 11.962896, "fair_value": 10.161614, "relative_strength": -2.40068, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 87.897301, "energy": 94.782111, "activity_lines": [ 12.486902, 12.349976, 12.175143, 12.061261 ] }, { "date": "2025-09-05", "close": 12.757803, "volume": 2891862, "typical_volume": 2077849.5, "trend": 11.991082, "fair_value": 10.185481, "relative_strength": -1.542267, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 90.163741, "energy": 95.80021, "activity_lines": [ 12.59766, 12.443076, 12.243209, 12.112546 ] }, { "date": "2025-09-12", "close": 12.837847, "volume": 2667961, "typical_volume": 2102050.0, "trend": 12.022846, "fair_value": 10.211576, "relative_strength": -2.361112, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 88.792264, "energy": 95.657243, "activity_lines": [ 12.7001, 12.536969, 12.313053, 12.167176 ] }, { "date": "2025-09-19", "close": 12.819468, "volume": 1959846, "typical_volume": 2078193.5, "trend": 12.052564, "fair_value": 10.239892, "relative_strength": -3.589575, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 78.828565, "energy": 92.169038, "activity_lines": [ 12.7651, 12.613277, 12.37634, 12.218571 ] }, { "date": "2025-09-26", "close": 12.902174, "volume": 2209205, "typical_volume": 2072897.2, "trend": 12.079306, "fair_value": 10.271193, "relative_strength": -2.602364, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 81.854074, "energy": 93.096601, "activity_lines": [ 12.829273, 12.691167, 12.443243, 12.273384 ] }, { "date": "2025-10-03", "close": 13.003259, "volume": 2296010, "typical_volume": 2087817.05, "trend": 12.10999, "fair_value": 10.302167, "relative_strength": -2.794898, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 85.463315, "energy": 93.455461, "activity_lines": [ 12.901126, 12.771331, 12.514702, 12.332994 ] }, { "date": "2025-10-10", "close": 12.966501, "volume": 3441493, "typical_volume": 2164757.7, "trend": 12.148672, "fair_value": 10.334015, "relative_strength": -0.630269, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 74.649657, "energy": 74.699494, "activity_lines": [ 12.935256, 12.829818, 12.577726, 12.388253 ] }, { "date": "2025-10-17", "close": 12.788206, "volume": 3444044, "typical_volume": 2274135.05, "trend": 12.175623, "fair_value": 10.364759, "relative_strength": -3.614267, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.39966, "energy": 66.204881, "activity_lines": [ 12.896042, 12.842549, 12.618041, 12.429513 ] }, { "date": "2025-10-24", "close": 12.908762, "volume": 4636797, "typical_volume": 2406964.8, "trend": 12.205435, "fair_value": 10.395293, "relative_strength": -4.467247, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.041165, "energy": 63.505061, "activity_lines": [ 12.900322, 12.869561, 12.665464, 12.476812 ] }, { "date": "2025-10-31", "close": 12.908762, "volume": 2923412, "typical_volume": 2453912.9, "trend": 12.263316, "fair_value": 10.425236, "relative_strength": -5.052546, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.81198, "energy": 55.294912, "activity_lines": [ 12.898649, 12.887205, 12.708066, 12.522188 ] }, { "date": "2025-11-07", "close": 12.880942, "volume": 2242168, "typical_volume": 2509921.55, "trend": 12.321198, "fair_value": 10.450953, "relative_strength": -3.680616, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 51.019752, "energy": 44.821639, "activity_lines": [ 12.887264, 12.892577, 12.743227, 12.562035 ] }, { "date": "2025-11-14", "close": 12.897541, "volume": 2517626, "typical_volume": 2550281.35, "trend": 12.366773, "fair_value": 10.478285, "relative_strength": -3.69236, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 50.940989, "energy": 44.05361, "activity_lines": [ 12.889566, 12.896244, 12.775225, 12.599218 ] }, { "date": "2025-11-21", "close": 12.860103, "volume": 4073130, "typical_volume": 2668339.55, "trend": 12.401163, "fair_value": 10.50359, "relative_strength": -2.111224, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 46.916304, "energy": 37.55522, "activity_lines": [ 12.883986, 12.890563, 12.799388, 12.631046 ] }, { "date": "2025-11-28", "close": 13.047295, "volume": 1912631, "typical_volume": 2651888.25, "trend": 12.438578, "fair_value": 10.528071, "relative_strength": -4.217845, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 69.241312, "energy": 46.137558, "activity_lines": [ 12.93601, 12.918513, 12.837542, 12.672732 ] }, { "date": "2025-12-05", "close": 13.047295, "volume": 3312833, "typical_volume": 2710072.65, "trend": 12.478916, "fair_value": 10.551766, "relative_strength": -4.515553, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.624383, "energy": 48.249119, "activity_lines": [ 12.978799, 12.94232, 12.871088, 12.712004 ] }, { "date": "2025-12-12", "close": 13.034853, "volume": 3493592, "typical_volume": 2795983.35, "trend": 12.514507, "fair_value": 10.5781, "relative_strength": -4.058428, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.692217, "energy": 46.544694, "activity_lines": [ 13.008205, 12.961227, 12.898539, 12.747871 ] }, { "date": "2025-12-19", "close": 13.072635, "volume": 4477257, "typical_volume": 2876463.0, "trend": 12.558144, "fair_value": 10.605446, "relative_strength": -3.920067, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.259678, "energy": 48.754772, "activity_lines": [ 13.039944, 12.986428, 12.925512, 12.783879 ] }, { "date": "2025-12-26", "close": 13.100971, "volume": 2512367, "typical_volume": 2866071.45, "trend": 12.599185, "fair_value": 10.634813, "relative_strength": -5.058978, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.870926, "energy": 47.81935, "activity_lines": [ 13.069456, 13.014852, 12.951184, 12.8189 ] }, { "date": "2026-01-02", "close": 13.138754, "volume": 3281103, "typical_volume": 2930466.85, "trend": 12.640601, "fair_value": 10.661214, "relative_strength": -3.743567, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.135378, "energy": 47.676841, "activity_lines": [ 13.095504, 13.044459, 12.976965, 12.853711 ] }, { "date": "2026-01-09", "close": 13.2521, "volume": 3467039, "typical_volume": 2994285.15, "trend": 12.685584, "fair_value": 10.687106, "relative_strength": -4.341658, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 73.310075, "energy": 52.677879, "activity_lines": [ 13.153237, 13.090493, 13.009992, 12.893163 ] }, { "date": "2026-01-16", "close": 13.316235, "volume": 2589316, "typical_volume": 3017484.6, "trend": 12.7333, "fair_value": 10.71302, "relative_strength": -3.516403, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 76.562628, "energy": 69.696822, "activity_lines": [ 13.218694, 13.141945, 13.045602, 12.93385 ] }, { "date": "2026-01-23", "close": 13.287639, "volume": 2865257, "typical_volume": 3016154.35, "trend": 12.776192, "fair_value": 10.737067, "relative_strength": -3.368318, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 70.873832, "energy": 75.963019, "activity_lines": [ 13.255861, 13.180283, 13.07518, 12.969614 ] }, { "date": "2026-01-30", "close": 13.316235, "volume": 2218852, "typical_volume": 2993698.9, "trend": 12.818249, "fair_value": 10.760477, "relative_strength": -3.48711, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 71.673182, "energy": 80.962983, "activity_lines": [ 13.288226, 13.216728, 13.104958, 13.004455 ] }, { "date": "2026-02-06", "close": 13.43062, "volume": 3938715, "typical_volume": 3092642.35, "trend": 12.863288, "fair_value": 10.785018, "relative_strength": -2.410079, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 80.983064, "energy": 86.897251, "activity_lines": [ 13.344368, 13.265677, 13.143351, 13.043963 ] }, { "date": "2026-02-13", "close": 13.552968, "volume": 3850980, "typical_volume": 3174731.1, "trend": 12.91451, "fair_value": 10.811998, "relative_strength": -0.25504, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 86.478127, "energy": 90.559495, "activity_lines": [ 13.421836, 13.329901, 13.190487, 13.088459 ] }, { "date": "2026-02-20", "close": 13.601063, "volume": 2563107, "typical_volume": 3188085.95, "trend": 12.961922, "fair_value": 10.839505, "relative_strength": -0.979199, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 84.882785, "energy": 91.839392, "activity_lines": [ 13.495277, 13.393676, 13.239104, 13.132752 ] }, { "date": "2026-02-27", "close": 13.418304, "volume": 3739473, "typical_volume": 3202984.95, "trend": 13.001439, "fair_value": 10.867321, "relative_strength": -1.72102, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.152014, "energy": 80.460773, "activity_lines": [ 13.48881, 13.413928, 13.267469, 13.162196 ] }, { "date": "2026-03-06", "close": 13.100882, "volume": 5154814, "typical_volume": 3288523.45, "trend": 13.025864, "fair_value": 10.895159, "relative_strength": -1.938665, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 40.027672, "energy": 37.806358, "activity_lines": [ 13.367825, 13.370181, 13.263452, 13.168612 ] }, { "date": "2026-03-13", "close": 12.741482, "volume": 5092190, "typical_volume": 3311293.1, "trend": 13.037462, "fair_value": 10.922145, "relative_strength": -2.989539, "stage": 2, "regime": "rotation_down", "modifier": "Structural failure", "gate": "up", "direction": -2.425953, "energy": 15.192998, "activity_lines": [ 13.141396, 13.26109, 13.223717, 13.150265 ] }, { "date": "2026-03-20", "close": 12.168504, "volume": 4928231, "typical_volume": 3411534.05, "trend": 13.026014, "fair_value": 10.944578, "relative_strength": -5.404477, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "mixed", "direction": -51.421859, "energy": 52.692292, "activity_lines": [ 12.769918, 13.055045, 13.130209, 13.094203 ] }, { "date": "2026-03-27", "close": 12.081101, "volume": 4632221, "typical_volume": 3531036.7, "trend": 13.00801, "fair_value": 10.967463, "relative_strength": -3.676163, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -61.966661, "energy": 64.182452, "activity_lines": [ 12.461602, 12.85281, 13.031902, 13.033241 ] }, { "date": "2026-04-03", "close": 12.848309, "volume": 3152632, "typical_volume": 3562787.0, "trend": 13.011027, "fair_value": 10.993946, "relative_strength": -0.687093, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -37.876531, "energy": 64.864292, "activity_lines": [ 12.510354, 12.812525, 13.010472, 13.022938 ] }, { "date": "2026-04-10", "close": 12.98427, "volume": 3341200, "typical_volume": 3526190.5, "trend": 13.015908, "fair_value": 11.020606, "relative_strength": -2.937151, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -35.307512, "energy": 58.626154, "activity_lines": [ 12.642425, 12.804947, 13.002225, 13.021211 ] }, { "date": "2026-04-17", "close": 13.119221, "volume": 3118651, "typical_volume": 3586491.5, "trend": 13.0259, "fair_value": 11.048931, "relative_strength": -5.826723, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -17.5245, "energy": 18.765161, "activity_lines": [ 12.827255, 12.827942, 13.006238, 13.027877 ] }, { "date": "2026-04-24", "close": 13.109416, "volume": 2378596, "typical_volume": 3539779.65, "trend": 13.032808, "fair_value": 11.076393, "relative_strength": -6.088138, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": 5.049708, "energy": 16.365715, "activity_lines": [ 12.983633, 12.854815, 13.008976, 13.033265 ] }, { "date": "2026-05-01", "close": 13.129026, "volume": 2701991, "typical_volume": 3500199.6, "trend": 13.037, "fair_value": 11.102203, "relative_strength": -6.54179, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 9.96897, "energy": 20.983254, "activity_lines": [ 13.08382, 12.893319, 13.013285, 13.039473 ] }, { "date": "2026-05-08", "close": 13.030975, "volume": 3686767, "typical_volume": 3460675.1, "trend": 13.039149, "fair_value": 11.127843, "relative_strength": -9.055375, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -0.70054, "energy": 15.231151, "activity_lines": [ 13.081463, 12.922578, 13.007808, 13.039084 ] }, { "date": "2026-05-15", "close": 12.524363, "volume": 4638147, "typical_volume": 3566964.1, "trend": 13.030354, "fair_value": 11.151268, "relative_strength": -12.477427, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -46.343983, "energy": 19.979828, "activity_lines": [ 12.898056, 12.866768, 12.95428, 13.005872 ] }, { "date": "2026-05-22", "close": 12.603569, "volume": 3210709, "typical_volume": 3563444.4, "trend": 13.020181, "fair_value": 11.175469, "relative_strength": -12.371046, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -53.531795, "energy": 30.229157, "activity_lines": [ 12.771713, 12.835841, 12.911042, 12.978337 ] }, { "date": "2026-05-29", "close": 13.019398, "volume": 2540752, "typical_volume": 3517130.05, "trend": 13.023869, "fair_value": 11.200676, "relative_strength": -10.495082, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -39.918804, "energy": 25.040265, "activity_lines": [ 12.818355, 12.883027, 12.909954, 12.978287 ] }, { "date": "2026-06-05", "close": 12.930291, "volume": 2540166, "typical_volume": 3514672.55, "trend": 13.025514, "fair_value": 11.225097, "relative_strength": -8.592859, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -42.945708, "energy": 26.11099, "activity_lines": [ 12.841297, 12.898541, 12.901489, 12.972249 ] }, { "date": "2026-06-12", "close": 12.725848, "volume": 3448687, "typical_volume": 3543844.05, "trend": 13.019791, "fair_value": 11.247709, "relative_strength": -10.276753, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -49.66129, "energy": 26.211087, "activity_lines": [ 12.80934, 12.861443, 12.87539, 12.952916 ] }, { "date": "2026-06-19", "close": 12.844688, "volume": 2849274, "typical_volume": 3575365.15, "trend": 13.019277, "fair_value": 11.271082, "relative_strength": -10.000235, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -41.869046, "energy": 17.51062, "activity_lines": [ 12.837338, 12.84818, 12.863285, 12.941619 ] }, { "date": "2026-06-26", "close": 12.993239, "volume": 2791758, "typical_volume": 3518017.3, "trend": 13.017475, "fair_value": 11.295181, "relative_strength": -6.563205, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -24.76776, "energy": 11.192881, "activity_lines": [ 12.893498, 12.864463, 12.867573, 12.939939 ] }, { "date": "2026-07-03", "close": 13.121983, "volume": 2426292, "typical_volume": 3446782.9, "trend": 13.019965, "fair_value": 11.319788, "relative_strength": -7.463391, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -0.79605, "energy": 5.09033, "activity_lines": [ 12.966595, 12.906445, 12.886205, 12.946682 ] }, { "date": "2026-07-10", "close": 13.1715, "volume": 2381100, "typical_volume": 3437682.55, "trend": 13.02452, "fair_value": 11.344177, "relative_strength": -8.167239, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 21.957009, "energy": 26.925178, "activity_lines": [ 13.049358, 12.957202, 12.911606, 12.956458 ] }, { "date": "2026-07-17", "close": 13.18, "volume": 2539623, "typical_volume": 3377690.05, "trend": 13.028098, "fair_value": 11.368667, "relative_strength": -6.512529, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 22.323802, "energy": 39.265585, "activity_lines": [ 13.118874, 13.008732, 12.939861, 12.966489 ] }, { "date": "2026-07-24", "close": 12.91, "volume": 2545670, "typical_volume": 3247232.85, "trend": 13.021733, "fair_value": 11.391563, "relative_strength": -7.713706, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 11.220741, "energy": 25.981947, "activity_lines": [ 13.068114, 13.008462, 12.943537, 12.95887 ] }, { "date": "2026-07-31", "close": 13.04, "volume": 2834508, "typical_volume": 3134348.75, "trend": 13.018441, "fair_value": 11.415384, "relative_strength": -7.566277, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 20.942245, "energy": 18.767981, "activity_lines": [ 13.056332, 13.024816, 12.960503, 12.960049 ] }, { "date": "2026-08-07", "close": 13.08, "volume": 3137183, "typical_volume": 3044796.35, "trend": 13.012704, "fair_value": 11.439472, "relative_strength": -10.179967, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 21.100308, "energy": 13.900376, "activity_lines": [ 13.054767, 13.040508, 12.979857, 12.96402 ] } ], "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." } } }