{ "ticker": { "uuid": "d20d7034-665a-4447-bdd3-8f102225a8ac", "symbol": "V3EL", "name": "Vanguard ESG Developed Europe All Cap UCITS ETF EUR Income", "exchange": "LSE", "country": "GB", "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": "^FTSE", "stage": 2, "stage_name": "Advancing", "phase": "2b", "phase_label": "Stage 2B \u00b7 Advancing", "transition": "stage_2_healthy", "transition_label": "Stage 2 trend intact", "confidence": 83.966, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Early expansion", "architecture_gate": "up", "architecture_direction": 79.732, "architecture_energy": 60.94, "architecture_maturity": 27.343, "architecture_confidence": 84.684, "architecture_tenure": "Developing", "architecture": { "interpretation": { "headline": "The weekly architecture is expanding upward.", "body": "Trend and Activity show sustained positive alignment with constructive price acceptance. Directional energy remains positive; cooling within this regime can indicate that it is maturing." }, "scores": { "balance": 12.25, "rotation_up": 55.06, "upward_expansion": 81.45, "deceleration": 56.0, "rotation_down": 23.96, "downward_expansion": 10.45 }, "activity_lines": [ 6.012533, 5.989412, 5.900148, 5.833905 ], "activity_state": "Wide", "activity_direction": "Expanding", "rotation_direction": "Weakening", "price_acceptance": 0.5 }, "latest_close": 6.1275, "trend_reference": 5.782031, "distance_from_trend": 0.059749, "trend_direction": "Improving", "fair_value": 4.977206, "distance_from_fair_value": 0.231113, "fair_value_direction": "Improving", "relative_strength": 0.027053, "relative_strength_direction": "Improving", "price_momentum": 0.054819, "excess_performance": 0.003584, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.059749, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.023755, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.231113, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.066011, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.000271, "read": "Leading" }, { "label": "Relative strength direction", "positive": true, "value": 0.029111, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.054819, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 1.306641, "read": "Demand-led" } ], "volume": { "latest": 16484, "relative_activity": 0.498315, "balance": 1.306641, "dry_up": 1.053137, "accumulation_observations": 3, "distribution_observations": 2 }, "risk": { "range_context": 0.01951, "annualized_volatility": 0.170142, "from_high_reference": -0.023337, "from_low_reference": 0.18796 }, "levels": { "trend_reference": 5.782031, "fair_value_reference": 4.977206, "structural_low": 5.158, "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 18, "median_return": 0.009698, "positive_rate": 0.555556, "directional_follow_through": 0.555556, "median_excess_return": -0.005009, "regime_survival": 0.777778, "best_return": 0.059383, "worst_return": -0.10786, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 7, "median_return": 0.014763, "positive_rate": 0.857143, "directional_follow_through": 0.857143, "median_excess_return": -0.007727, "regime_survival": 0.571429, "best_return": 0.105188, "worst_return": -0.024776, "sufficient": true }, { "horizon": "Extended", "sample_count": 3, "median_return": 0.07222, "positive_rate": 1.0, "directional_follow_through": 1.0, "median_excess_return": -0.008429, "regime_survival": 0.666667, "best_return": 0.1072, "worst_return": 0.049544, "sufficient": false }, { "horizon": "Full cycle", "sample_count": 2, "median_return": 0.151588, "positive_rate": 1.0, "directional_follow_through": 1.0, "median_excess_return": -0.02732, "regime_survival": 1.0, "best_return": 0.19021, "worst_return": 0.112967, "sufficient": false } ], "ledger": [ { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-02-23", "end": "2024-06-28", "tenure": "Established", "return": 0.050751, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-07-05", "end": "2024-11-15", "tenure": "Established", "return": -0.036889, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2024-11-22", "end": "2025-01-24", "tenure": "Developing", "return": 0.049049, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-01-31", "end": "2025-02-07", "tenure": "New", "return": 0.002959, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-02-14", "end": "2025-03-28", "tenure": "Developing", "return": -0.019907, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-04-04", "end": "2025-04-11", "tenure": "New", "return": 0.003758, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-04-18", "end": "2025-05-16", "tenure": "Developing", "return": 0.074613, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-05-23", "end": "2025-11-21", "tenure": "Extended", "return": 0.06542, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-11-28", "end": "2025-12-19", "tenure": "New", "return": 0.022349, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-12-26", "end": "2026-03-13", "tenure": "Developing", "return": -0.02136, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2026-03-20", "end": "2026-04-17", "tenure": "Developing", "return": 0.109832, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-04-24", "end": "2026-06-12", "tenure": "Developing", "return": 0.050188, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-06-19", "end": "2026-08-07", "tenure": "Developing", "return": 0.02914, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 4.010978, "volume": 55353, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-08-25", "close": 4.054072, "volume": 501086, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-09-01", "close": 4.116136, "volume": 100402, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-09-08", "close": 4.088265, "volume": 25458, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-09-15", "close": 4.15105, "volume": 24712, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-09-22", "close": 4.118151, "volume": 31479, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-09-29", "close": 4.086193, "volume": 48902, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-10-06", "close": 4.035201, "volume": 103354, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-10-13", "close": 4.068335, "volume": 69224, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-10-20", "close": 3.948256, "volume": 36063, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-10-27", "close": 3.895854, "volume": 38542, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-11-03", "close": 4.022277, "volume": 135093, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-11-10", "close": 4.061754, "volume": 49362, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-11-17", "close": 4.181598, "volume": 44679, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-11-24", "close": 4.183712, "volume": 35074, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-12-01", "close": 4.195227, "volume": 69591, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-12-08", "close": 4.254914, "volume": 24647, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-12-15", "close": 4.312541, "volume": 53792, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-12-22", "close": 4.346245, "volume": 131715, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-12-29", "close": 4.390557, "volume": 28702, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-01-05", "close": 4.328333, "volume": 61969, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-01-12", "close": 4.332811, "volume": 93969, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-01-19", "close": 4.269172, "volume": 14405, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-01-26", "close": 4.372408, "volume": 14615, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-02-02", "close": 4.364866, "volume": 34915, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-02-09", "close": 4.373587, "volume": 20690, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-02-16", "close": 4.443352, "volume": 50623, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-02-23", "close": 4.483892, "volume": 17925, "typical_volume": 51279.75, "trend": 4.192623, "fair_value": 4.049951, "relative_strength": 5.904199, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 82.63179, "energy": 86.865472, "activity_lines": [ 4.427718, 4.389014, 4.32312, 4.260378 ] }, { "date": "2024-03-01", "close": 4.50157, "volume": 34014, "typical_volume": 49519.25, "trend": 4.204542, "fair_value": 4.055527, "relative_strength": 6.433998, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 81.70356, "energy": 89.412246, "activity_lines": [ 4.459034, 4.412841, 4.347891, 4.28031 ] }, { "date": "2024-03-08", "close": 4.529852, "volume": 36683, "typical_volume": 49550.25, "trend": 4.217372, "fair_value": 4.061311, "relative_strength": 7.178322, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 80.967278, "energy": 90.21461, "activity_lines": [ 4.491167, 4.438986, 4.373291, 4.301298 ] }, { "date": "2024-03-15", "close": 4.549247, "volume": 38743, "typical_volume": 49560.3, "trend": 4.235314, "fair_value": 4.06719, "relative_strength": 6.489917, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 78.871558, "energy": 88.853722, "activity_lines": [ 4.518766, 4.466124, 4.397769, 4.322709 ] }, { "date": "2024-03-22", "close": 4.618996, "volume": 35566, "typical_volume": 44583.95, "trend": 4.254145, "fair_value": 4.073759, "relative_strength": 5.176058, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 86.017328, "energy": 89.37699, "activity_lines": [ 4.557904, 4.501928, 4.425779, 4.347463 ] }, { "date": "2024-03-29", "close": 4.641458, "volume": 88029, "typical_volume": 46517.3, "trend": 4.271656, "fair_value": 4.080438, "relative_strength": 5.240811, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 83.326312, "energy": 86.921336, "activity_lines": [ 4.592819, 4.536612, 4.453086, 4.372451 ] }, { "date": "2024-04-05", "close": 4.584713, "volume": 279396, "typical_volume": 58253.15, "trend": 4.288204, "fair_value": 4.086302, "relative_strength": 4.334613, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.451397, "energy": 67.277126, "activity_lines": [ 4.598315, 4.55421, 4.472229, 4.392648 ] }, { "date": "2024-04-12", "close": 4.550666, "volume": 81094, "typical_volume": 60554.15, "trend": 4.301525, "fair_value": 4.091639, "relative_strength": 2.355365, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.180924, "energy": 63.881125, "activity_lines": [ 4.58692, 4.561758, 4.486209, 4.409581 ] }, { "date": "2024-04-19", "close": 4.518985, "volume": 58579, "typical_volume": 60003.55, "trend": 4.314886, "fair_value": 4.096495, "relative_strength": 2.803209, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 60.820185, "energy": 52.85385, "activity_lines": [ 4.563576, 4.560168, 4.495425, 4.423611 ] }, { "date": "2024-04-26", "close": 4.616159, "volume": 43437, "typical_volume": 60943.05, "trend": 4.332551, "fair_value": 4.102334, "relative_strength": 1.756911, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 70.289397, "energy": 51.165309, "activity_lines": [ 4.574641, 4.573601, 4.512353, 4.443048 ] }, { "date": "2024-05-03", "close": 4.614503, "volume": 46968, "typical_volume": 60601.85, "trend": 4.351861, "fair_value": 4.108025, "relative_strength": 0.730004, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.987338, "energy": 47.553667, "activity_lines": [ 4.585343, 4.583592, 4.527404, 4.461238 ] }, { "date": "2024-05-10", "close": 4.77126, "volume": 48122, "typical_volume": 56422.2, "trend": 4.375292, "fair_value": 4.115313, "relative_strength": 1.346997, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 84.626841, "energy": 62.395421, "activity_lines": [ 4.650095, 4.619709, 4.555946, 4.488296 ] }, { "date": "2024-05-17", "close": 4.787338, "volume": 26932, "typical_volume": 56333.7, "trend": 4.403262, "fair_value": 4.122618, "relative_strength": 1.771083, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 84.196676, "energy": 86.469684, "activity_lines": [ 4.707769, 4.653847, 4.583995, 4.51488 ] }, { "date": "2024-05-24", "close": 4.760384, "volume": 55419, "typical_volume": 56006.2, "trend": 4.432079, "fair_value": 4.129476, "relative_strength": 2.358279, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 72.674208, "energy": 86.814585, "activity_lines": [ 4.740681, 4.678401, 4.607588, 4.53792 ] }, { "date": "2024-05-31", "close": 4.754709, "volume": 25962, "typical_volume": 52605.85, "trend": 4.456494, "fair_value": 4.136127, "relative_strength": 2.65532, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.127464, "energy": 83.825393, "activity_lines": [ 4.755608, 4.698086, 4.628583, 4.558735 ] }, { "date": "2024-06-07", "close": 4.81902, "volume": 62618, "typical_volume": 55016.5, "trend": 4.481736, "fair_value": 4.143315, "relative_strength": 4.269584, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 75.941844, "energy": 82.767584, "activity_lines": [ 4.782735, 4.726995, 4.653694, 4.582124 ] }, { "date": "2024-06-14", "close": 4.689557, "volume": 49133, "typical_volume": 56742.4, "trend": 4.498668, "fair_value": 4.149005, "relative_strength": 2.574494, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.508413, "energy": 54.042838, "activity_lines": [ 4.753073, 4.729138, 4.663857, 4.595532 ] }, { "date": "2024-06-21", "close": 4.733837, "volume": 76052, "typical_volume": 58799.25, "trend": 4.517005, "fair_value": 4.155035, "relative_strength": 2.284018, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 59.245371, "energy": 47.981032, "activity_lines": [ 4.743618, 4.737425, 4.676727, 4.610704 ] }, { "date": "2024-06-28", "close": 4.711455, "volume": 35464, "typical_volume": 59537.95, "trend": 4.534213, "fair_value": 4.160712, "relative_strength": 2.615138, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 45.911664, "energy": 37.373237, "activity_lines": [ 4.73027, 4.738312, 4.685708, 4.623249 ] }, { "date": "2024-07-05", "close": 4.7425, "volume": 51018, "typical_volume": 59557.7, "trend": 4.550466, "fair_value": 4.166589, "relative_strength": 2.686954, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 42.817005, "energy": 29.835796, "activity_lines": [ 4.730531, 4.741344, 4.696036, 4.636687 ] }, { "date": "2024-07-12", "close": 4.792555, "volume": 46427, "typical_volume": 60982.8, "trend": 4.566466, "fair_value": 4.172849, "relative_strength": 3.058477, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 56.286495, "energy": 38.450872, "activity_lines": [ 4.748291, 4.75118, 4.709708, 4.652305 ] }, { "date": "2024-07-19", "close": 4.67945, "volume": 64597, "typical_volume": 62511.95, "trend": 4.577573, "fair_value": 4.177865, "relative_strength": 1.732722, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 40.599469, "energy": 27.219992, "activity_lines": [ 4.730114, 4.737215, 4.711137, 4.659595 ] }, { "date": "2024-07-26", "close": 4.723248, "volume": 93098, "typical_volume": 65332.7, "trend": 4.588663, "fair_value": 4.183211, "relative_strength": 1.001293, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 39.057132, "energy": 25.240106, "activity_lines": [ 4.727211, 4.732881, 4.715891, 4.668993 ] }, { "date": "2024-08-02", "close": 4.633245, "volume": 44393, "typical_volume": 65615.2, "trend": 4.598827, "fair_value": 4.187581, "relative_strength": 0.357198, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 20.798697, "energy": 12.114386, "activity_lines": [ 4.695012, 4.713349, 4.711153, 4.671869 ] }, { "date": "2024-08-09", "close": 4.666936, "volume": 54448, "typical_volume": 66559.3, "trend": 4.609964, "fair_value": 4.19219, "relative_strength": 1.098133, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 11.867949, "energy": 14.3085, "activity_lines": [ 4.679257, 4.702254, 4.709223, 4.676264 ] }, { "date": "2024-08-16", "close": 4.770657, "volume": 57271, "typical_volume": 65021.4, "trend": 4.62668, "fair_value": 4.197699, "relative_strength": 1.488265, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 30.184143, "energy": 14.595202, "activity_lines": [ 4.703114, 4.711614, 4.716942, 4.686631 ] }, { "date": "2024-08-23", "close": 4.807717, "volume": 38101, "typical_volume": 52956.65, "trend": 4.64119, "fair_value": 4.203454, "relative_strength": 1.988978, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 56.094563, "energy": 27.004299, "activity_lines": [ 4.740784, 4.728591, 4.727576, 4.698311 ] }, { "date": "2024-08-30", "close": 4.841889, "volume": 77630, "typical_volume": 52783.45, "trend": 4.657091, "fair_value": 4.209421, "relative_strength": 2.023316, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 63.575499, "energy": 51.520297, "activity_lines": [ 4.781293, 4.749632, 4.740403, 4.711259 ] }, { "date": "2024-09-06", "close": 4.695573, "volume": 36348, "typical_volume": 51671.9, "trend": 4.667824, "fair_value": 4.213922, "relative_strength": 1.206112, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 42.572371, "energy": 38.625829, "activity_lines": [ 4.765121, 4.742107, 4.737908, 4.713742 ] }, { "date": "2024-09-13", "close": 4.773964, "volume": 27696, "typical_volume": 50884.85, "trend": 4.678844, "fair_value": 4.21906, "relative_strength": 1.622927, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 50.12905, "energy": 42.711489, "activity_lines": [ 4.770925, 4.749122, 4.742038, 4.720589 ] }, { "date": "2024-09-20", "close": 4.727613, "volume": 17833, "typical_volume": 49428.1, "trend": 4.686969, "fair_value": 4.223683, "relative_strength": 1.031576, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 45.917617, "energy": 24.221631, "activity_lines": [ 4.754142, 4.747139, 4.741002, 4.723736 ] }, { "date": "2024-09-27", "close": 4.813074, "volume": 47861, "typical_volume": 49415.05, "trend": 4.697352, "fair_value": 4.228993, "relative_strength": 1.593396, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 55.672484, "energy": 24.768982, "activity_lines": [ 4.768717, 4.761874, 4.747567, 4.731872 ] }, { "date": "2024-10-04", "close": 4.725923, "volume": 30595, "typical_volume": 49598.2, "trend": 4.703888, "fair_value": 4.23343, "relative_strength": 0.128846, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 30.551837, "energy": 15.308396, "activity_lines": [ 4.753883, 4.758334, 4.745632, 4.733715 ] }, { "date": "2024-10-11", "close": 4.770344, "volume": 73025, "typical_volume": 50478.5, "trend": 4.711258, "fair_value": 4.238181, "relative_strength": 1.253767, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 34.660781, "energy": 16.506054, "activity_lines": [ 4.761588, 4.762822, 4.748221, 4.738002 ] }, { "date": "2024-10-18", "close": 4.776861, "volume": 118025, "typical_volume": 55081.65, "trend": 4.71652, "fair_value": 4.242907, "relative_strength": -0.005175, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 48.586359, "energy": 24.032837, "activity_lines": [ 4.766481, 4.766003, 4.751382, 4.742235 ] }, { "date": "2024-10-25", "close": 4.720612, "volume": 59087, "typical_volume": 54905.1, "trend": 4.719158, "fair_value": 4.247061, "relative_strength": 0.001384, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 23.978706, "energy": 10.545252, "activity_lines": [ 4.75243, 4.756957, 4.749082, 4.742499 ] }, { "date": "2024-11-01", "close": 4.676674, "volume": 117250, "typical_volume": 58310.95, "trend": 4.722224, "fair_value": 4.250764, "relative_strength": -0.161452, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 2.26327, "energy": 6.341274, "activity_lines": [ 4.724201, 4.740833, 4.743065, 4.739758 ] }, { "date": "2024-11-08", "close": 4.585903, "volume": 48348, "typical_volume": 56925.75, "trend": 4.723398, "fair_value": 4.253629, "relative_strength": -0.882396, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -45.834702, "energy": 49.257636, "activity_lines": [ 4.674808, 4.710588, 4.728464, 4.730963 ] }, { "date": "2024-11-15", "close": 4.567555, "volume": 50472, "typical_volume": 57676.15, "trend": 4.725017, "fair_value": 4.256289, "relative_strength": -1.201771, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "down", "direction": -74.742653, "energy": 74.704943, "activity_lines": [ 4.628633, 4.681661, 4.712821, 4.720909 ] }, { "date": "2024-11-22", "close": 4.609079, "volume": 55148, "typical_volume": 57882.65, "trend": 4.724781, "fair_value": 4.259254, "relative_strength": -2.696054, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.356748, "energy": 72.317359, "activity_lines": [ 4.609819, 4.662611, 4.701818, 4.713429 ] }, { "date": "2024-11-29", "close": 4.627667, "volume": 22899, "typical_volume": 56706.25, "trend": 4.72522, "fair_value": 4.262324, "relative_strength": -2.604716, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.240546, "energy": 71.47802, "activity_lines": [ 4.608386, 4.649939, 4.69322, 4.707163 ] }, { "date": "2024-12-06", "close": 4.71675, "volume": 140036, "typical_volume": 60478.2, "trend": 4.723403, "fair_value": 4.266079, "relative_strength": -0.999166, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -52.221032, "energy": 42.028425, "activity_lines": [ 4.642845, 4.655281, 4.693891, 4.706617 ] }, { "date": "2024-12-13", "close": 4.677461, "volume": 111877, "typical_volume": 61417.15, "trend": 4.71974, "fair_value": 4.269451, "relative_strength": -1.706923, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -38.699233, "energy": 21.723633, "activity_lines": [ 4.661535, 4.655231, 4.690644, 4.703653 ] }, { "date": "2024-12-20", "close": 4.541327, "volume": 42290, "typical_volume": 61312.0, "trend": 4.712439, "fair_value": 4.271662, "relative_strength": -2.011956, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -69.405838, "energy": 35.362026, "activity_lines": [ 4.628743, 4.63131, 4.674648, 4.692142 ] }, { "date": "2024-12-27", "close": 4.581537, "volume": 18358, "typical_volume": 59507.5, "trend": 4.706666, "fair_value": 4.274161, "relative_strength": -1.916819, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -59.61107, "energy": 34.992746, "activity_lines": [ 4.611103, 4.618864, 4.662921, 4.683697 ] }, { "date": "2025-01-03", "close": 4.591954, "volume": 33959, "typical_volume": 58341.9, "trend": 4.699097, "fair_value": 4.276703, "relative_strength": -2.565985, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -56.694636, "energy": 46.181637, "activity_lines": [ 4.598771, 4.611864, 4.652592, 4.676296 ] }, { "date": "2025-01-10", "close": 4.669224, "volume": 68439, "typical_volume": 59858.8, "trend": 4.698419, "fair_value": 4.279818, "relative_strength": -1.213497, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -52.204256, "energy": 39.252765, "activity_lines": [ 4.614577, 4.621252, 4.650473, 4.674369 ] }, { "date": "2025-01-17", "close": 4.796638, "volume": 41602, "typical_volume": 58057.4, "trend": 4.700513, "fair_value": 4.283888, "relative_strength": -1.553725, "stage": 3, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -6.814765, "energy": 8.253916, "activity_lines": [ 4.676023, 4.653941, 4.661148, 4.680706 ] }, { "date": "2025-01-24", "close": 4.835152, "volume": 187221, "typical_volume": 65601.05, "trend": 4.704636, "fair_value": 4.288195, "relative_strength": -0.717282, "stage": 3, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "mixed", "direction": 30.56964, "energy": 31.268434, "activity_lines": [ 4.742362, 4.689802, 4.675706, 4.689392 ] }, { "date": "2025-01-31", "close": 4.912424, "volume": 112672, "typical_volume": 69849.85, "trend": 4.7103, "fair_value": 4.293034, "relative_strength": -1.103503, "stage": 3, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 40.858424, "energy": 54.462609, "activity_lines": [ 4.81487, 4.734846, 4.69696, 4.702798 ] }, { "date": "2025-02-07", "close": 4.926958, "volume": 106738, "typical_volume": 74295.1, "trend": 4.71478, "fair_value": 4.29791, "relative_strength": -1.075578, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 74.771586, "energy": 79.689948, "activity_lines": [ 4.870163, 4.777018, 4.718938, 4.716776 ] }, { "date": "2025-02-14", "close": 5.004956, "volume": 41648, "typical_volume": 73984.45, "trend": 4.72563, "fair_value": 4.303307, "relative_strength": 0.13247, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 81.932654, "energy": 87.235747, "activity_lines": [ 4.929122, 4.82793, 4.747395, 4.735497 ] }, { "date": "2025-02-21", "close": 4.990422, "volume": 15060, "typical_volume": 73207.7, "trend": 4.734536, "fair_value": 4.308513, "relative_strength": 0.703287, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 74.662504, "energy": 85.528053, "activity_lines": [ 4.960854, 4.870958, 4.773554, 4.75258 ] }, { "date": "2025-02-28", "close": 4.995751, "volume": 59575, "typical_volume": 72535.2, "trend": 4.74662, "fair_value": 4.31368, "relative_strength": -0.846184, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 70.909112, "energy": 81.702085, "activity_lines": [ 4.981443, 4.909266, 4.798961, 4.769433 ] }, { "date": "2025-03-07", "close": 5.04565, "volume": 240228, "typical_volume": 78645.35, "trend": 4.759244, "fair_value": 4.319142, "relative_strength": 1.676235, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 75.575549, "energy": 80.748642, "activity_lines": [ 5.007959, 4.948384, 4.828047, 4.788725 ] }, { "date": "2025-03-14", "close": 4.963292, "volume": 12973, "typical_volume": 76339.65, "trend": 4.765665, "fair_value": 4.323914, "relative_strength": 0.614664, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.429417, "energy": 54.970447, "activity_lines": [ 4.998141, 4.964089, 4.84801, 4.801889 ] }, { "date": "2025-03-21", "close": 4.976771, "volume": 35596, "typical_volume": 72256.95, "trend": 4.7713, "fair_value": 4.328714, "relative_strength": 0.741924, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 61.976088, "energy": 51.29183, "activity_lines": [ 4.990393, 4.975494, 4.868101, 4.815509 ] }, { "date": "2025-03-28", "close": 4.905321, "volume": 50891, "typical_volume": 72384.1, "trend": 4.773414, "fair_value": 4.332923, "relative_strength": -0.78594, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 47.684843, "energy": 37.622608, "activity_lines": [ 4.960708, 4.968315, 4.879958, 4.824156 ] }, { "date": "2025-04-04", "close": 4.591325, "volume": 31596, "typical_volume": 71440.3, "trend": 4.769939, "fair_value": 4.334795, "relative_strength": -0.142574, "stage": 2, "regime": "rotation_down", "modifier": "Structural failure", "gate": "up", "direction": 2.298155, "energy": 15.197086, "activity_lines": [ 4.83203, 4.902071, 4.860389, 4.812408 ] }, { "date": "2025-04-11", "close": 4.608581, "volume": 191501, "typical_volume": 78257.95, "trend": 4.764427, "fair_value": 4.336765, "relative_strength": 1.342992, "stage": 2, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -20.34317, "energy": 28.598857, "activity_lines": [ 4.736067, 4.843397, 4.842351, 4.801998 ] }, { "date": "2025-04-18", "close": 4.726208, "volume": 24530, "typical_volume": 78339.5, "trend": 4.76438, "fair_value": 4.339547, "relative_strength": 0.021803, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -17.596156, "energy": 31.590798, "activity_lines": [ 4.70845, 4.811634, 4.835517, 4.799532 ] }, { "date": "2025-04-25", "close": 4.851854, "volume": 44699, "typical_volume": 73572.65, "trend": 4.765672, "fair_value": 4.34318, "relative_strength": 0.945425, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -12.874498, "energy": 26.632877, "activity_lines": [ 4.738521, 4.806367, 4.840181, 4.805175 ] }, { "date": "2025-05-02", "close": 5.016142, "volume": 32415, "typical_volume": 69599.55, "trend": 4.775346, "fair_value": 4.347919, "relative_strength": 2.090313, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 35.063418, "energy": 17.052796, "activity_lines": [ 4.831682, 4.833753, 4.859848, 4.821335 ] }, { "date": "2025-05-09", "close": 5.003018, "volume": 84015, "typical_volume": 71685.8, "trend": 4.783102, "fair_value": 4.352501, "relative_strength": 2.252685, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 49.842143, "energy": 33.110517, "activity_lines": [ 4.913081, 4.858285, 4.876652, 4.836023 ] }, { "date": "2025-05-16", "close": 5.078844, "volume": 16951, "typical_volume": 71615.45, "trend": 4.793168, "fair_value": 4.357545, "relative_strength": 2.19512, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 58.906429, "energy": 48.584263, "activity_lines": [ 4.992309, 4.896472, 4.898479, 4.855103 ] }, { "date": "2025-05-23", "close": 5.044334, "volume": 36591, "typical_volume": 71747.05, "trend": 4.803959, "fair_value": 4.362281, "relative_strength": 1.090499, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 62.286561, "energy": 61.732365, "activity_lines": [ 5.028683, 4.927781, 4.914652, 4.871308 ] }, { "date": "2025-05-30", "close": 5.110438, "volume": 43674, "typical_volume": 70508.8, "trend": 4.818418, "fair_value": 4.367405, "relative_strength": 1.752794, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 68.67699, "energy": 70.613179, "activity_lines": [ 5.065882, 4.969635, 4.934965, 4.89108 ] }, { "date": "2025-06-06", "close": 5.152725, "volume": 30041, "typical_volume": 69930.75, "trend": 4.837312, "fair_value": 4.372748, "relative_strength": 1.839274, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 71.158678, "energy": 71.471762, "activity_lines": [ 5.099939, 5.016748, 4.957206, 4.912649 ] }, { "date": "2025-06-13", "close": 5.099259, "volume": 50432, "typical_volume": 63091.3, "trend": 4.855035, "fair_value": 4.377657, "relative_strength": 0.636186, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 61.6472, "energy": 59.186674, "activity_lines": [ 5.107068, 5.049641, 4.972658, 4.929548 ] }, { "date": "2025-06-20", "close": 5.035906, "volume": 32367, "typical_volume": 59076.05, "trend": 4.869263, "fair_value": 4.382074, "relative_strength": 0.248056, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 58.321288, "energy": 42.622416, "activity_lines": [ 5.086663, 5.06178, 4.980819, 4.941217 ] }, { "date": "2025-06-27", "close": 5.102794, "volume": 29048, "typical_volume": 55191.55, "trend": 4.885101, "fair_value": 4.386879, "relative_strength": 1.290525, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 58.892918, "energy": 40.072178, "activity_lines": [ 5.091417, 5.078311, 4.994763, 4.956284 ] }, { "date": "2025-07-04", "close": 5.133513, "volume": 37413, "typical_volume": 54979.8, "trend": 4.898993, "fair_value": 4.391824, "relative_strength": 1.610273, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 62.328936, "energy": 40.305532, "activity_lines": [ 5.102513, 5.09358, 5.010794, 4.972311 ] }, { "date": "2025-07-11", "close": 5.187519, "volume": 22937, "typical_volume": 55373.65, "trend": 4.915995, "fair_value": 4.397059, "relative_strength": 1.323628, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 70.720973, "energy": 51.284331, "activity_lines": [ 5.130073, 5.113548, 5.031357, 4.990925 ] }, { "date": "2025-07-18", "close": 5.18405, "volume": 37336, "typical_volume": 54261.7, "trend": 4.937419, "fair_value": 4.402202, "relative_strength": 0.672295, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 67.62081, "energy": 65.272735, "activity_lines": [ 5.154157, 5.129769, 5.050651, 5.008219 ] }, { "date": "2025-07-25", "close": 5.264811, "volume": 29636, "typical_volume": 43732.1, "trend": 4.960194, "fair_value": 4.407804, "relative_strength": 0.779072, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 77.981441, "energy": 78.123189, "activity_lines": [ 5.199509, 5.157382, 5.07674, 5.029341 ] }, { "date": "2025-08-01", "close": 5.090407, "volume": 56549, "typical_volume": 45910.9, "trend": 4.97681, "fair_value": 4.412208, "relative_strength": -1.985906, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 61.418167, "energy": 56.585903, "activity_lines": [ 5.171465, 5.149904, 5.085176, 5.037742 ] }, { "date": "2025-08-08", "close": 5.20585, "volume": 15623, "typical_volume": 44912.25, "trend": 4.994697, "fair_value": 4.417295, "relative_strength": -0.065035, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.085876, "energy": 46.507527, "activity_lines": [ 5.182729, 5.162578, 5.104, 5.052519 ] }, { "date": "2025-08-15", "close": 5.25292, "volume": 22012, "typical_volume": 43468.3, "trend": 5.009906, "fair_value": 4.426446, "relative_strength": 0.359194, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 70.581536, "energy": 49.459688, "activity_lines": [ 5.20486, 5.182076, 5.126217, 5.069178 ] }, { "date": "2025-08-22", "close": 5.35449, "volume": 23415, "typical_volume": 43059.25, "trend": 5.027218, "fair_value": 4.437004, "relative_strength": 0.306543, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 80.548092, "energy": 56.58891, "activity_lines": [ 5.256487, 5.218219, 5.156452, 5.09141 ] }, { "date": "2025-08-29", "close": 5.234587, "volume": 63328, "typical_volume": 36650.6, "trend": 5.037957, "fair_value": 4.446832, "relative_strength": -0.480689, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.281094, "energy": 57.278821, "activity_lines": [ 5.256784, 5.227921, 5.171633, 5.104788 ] }, { "date": "2025-09-05", "close": 5.245488, "volume": 27846, "typical_volume": 36816.4, "trend": 5.048574, "fair_value": 4.456378, "relative_strength": -0.485517, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 59.104281, "energy": 53.575658, "activity_lines": [ 5.26273, 5.235993, 5.184872, 5.118177 ] }, { "date": "2025-09-12", "close": 5.251433, "volume": 28317, "typical_volume": 35997.3, "trend": 5.05679, "fair_value": 4.466447, "relative_strength": -1.140961, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 57.85612, "energy": 45.227453, "activity_lines": [ 5.260319, 5.242551, 5.196204, 5.131265 ] }, { "date": "2025-09-19", "close": 5.296829, "volume": 15813, "typical_volume": 35167.2, "trend": 5.067004, "fair_value": 4.477533, "relative_strength": 0.433267, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.424095, "energy": 41.729349, "activity_lines": [ 5.27, 5.255219, 5.209956, 5.146751 ] }, { "date": "2025-09-26", "close": 5.264037, "volume": 47463, "typical_volume": 33339.6, "trend": 5.075947, "fair_value": 4.488944, "relative_strength": -0.882309, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 53.003504, "energy": 36.550878, "activity_lines": [ 5.265824, 5.259937, 5.219249, 5.159463 ] }, { "date": "2025-10-03", "close": 5.43346, "volume": 91263, "typical_volume": 37055.2, "trend": 5.088874, "fair_value": 4.501315, "relative_strength": 0.076035, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 75.619052, "energy": 51.157378, "activity_lines": [ 5.324153, 5.294005, 5.243435, 5.182529 ] }, { "date": "2025-10-10", "close": 5.365393, "volume": 107081, "typical_volume": 40579.7, "trend": 5.102277, "fair_value": 4.513838, "relative_strength": -0.479298, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.296716, "energy": 55.709924, "activity_lines": [ 5.346534, 5.312631, 5.259449, 5.200369 ] }, { "date": "2025-10-17", "close": 5.400172, "volume": 14100, "typical_volume": 39101.0, "trend": 5.11639, "fair_value": 4.525818, "relative_strength": 0.926836, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.950981, "energy": 61.017278, "activity_lines": [ 5.372514, 5.332581, 5.277247, 5.219588 ] }, { "date": "2025-10-24", "close": 6.273917, "volume": 41834, "typical_volume": 39690.65, "trend": 5.16201, "fair_value": 4.543026, "relative_strength": 13.421127, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 97.184104, "energy": 97.3023, "activity_lines": [ 5.679827, 5.50786, 5.376879, 5.294267 ] }, { "date": "2025-10-31", "close": 5.464761, "volume": 18371, "typical_volume": 38087.6, "trend": 5.191125, "fair_value": 4.554238, "relative_strength": -1.904524, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.796873, "energy": 71.171012, "activity_lines": [ 5.652282, 5.517457, 5.394109, 5.313799 ] }, { "date": "2025-11-07", "close": 5.398184, "volume": 247781, "typical_volume": 48858.3, "trend": 5.217445, "fair_value": 4.563925, "relative_strength": -2.717816, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.10565, "energy": 52.215581, "activity_lines": [ 5.589163, 5.512943, 5.403258, 5.327158 ] }, { "date": "2025-11-14", "close": 5.509974, "volume": 24307, "typical_volume": 48621.25, "trend": 5.24357, "fair_value": 4.574603, "relative_strength": -0.870618, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 59.01072, "energy": 47.447409, "activity_lines": [ 5.56566, 5.525781, 5.421329, 5.346031 ] }, { "date": "2025-11-21", "close": 5.374336, "volume": 43840, "typical_volume": 48942.6, "trend": 5.260986, "fair_value": 4.584248, "relative_strength": -1.720531, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 36.123613, "energy": 21.56783, "activity_lines": [ 5.487304, 5.509148, 5.424543, 5.354467 ] }, { "date": "2025-11-28", "close": 5.50898, "volume": 14035, "typical_volume": 48497.5, "trend": 5.277414, "fair_value": 4.594716, "relative_strength": -1.159735, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 32.798032, "energy": 20.392111, "activity_lines": [ 5.455553, 5.514761, 5.439434, 5.370467 ] }, { "date": "2025-12-05", "close": 5.520905, "volume": 23599, "typical_volume": 47810.65, "trend": 5.294677, "fair_value": 4.605483, "relative_strength": -0.408987, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 34.683928, "energy": 17.597588, "activity_lines": [ 5.478772, 5.518686, 5.453929, 5.386176 ] }, { "date": "2025-12-12", "close": 5.544753, "volume": 29085, "typical_volume": 47783.1, "trend": 5.310208, "fair_value": 4.616762, "relative_strength": 0.17045, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 38.642444, "energy": 19.587936, "activity_lines": [ 5.506198, 5.522276, 5.469091, 5.40231 ] }, { "date": "2025-12-19", "close": 5.632099, "volume": 33756, "typical_volume": 46643.45, "trend": 5.3298, "fair_value": 4.628306, "relative_strength": -0.829553, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 58.457144, "energy": 33.04542, "activity_lines": [ 5.552968, 5.539723, 5.49124, 5.423077 ] }, { "date": "2025-12-26", "close": 5.624124, "volume": 28416, "typical_volume": 47283.1, "trend": 5.346923, "fair_value": 4.639617, "relative_strength": -0.727434, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 56.89319, "energy": 36.503856, "activity_lines": [ 5.588938, 5.550872, 5.510049, 5.442065 ] }, { "date": "2026-01-02", "close": 5.664, "volume": 31441, "typical_volume": 47754.55, "trend": 5.363965, "fair_value": 4.650282, "relative_strength": -0.867278, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 60.074596, "energy": 44.447773, "activity_lines": [ 5.621547, 5.565198, 5.530664, 5.462522 ] }, { "date": "2026-01-09", "close": 5.776652, "volume": 37585, "typical_volume": 48463.05, "trend": 5.386545, "fair_value": 4.66102, "relative_strength": -0.643119, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 69.26343, "energy": 58.200874, "activity_lines": [ 5.681372, 5.611097, 5.56005, 5.489147 ] }, { "date": "2026-01-16", "close": 5.805563, "volume": 28680, "typical_volume": 46730.65, "trend": 5.4122, "fair_value": 4.67231, "relative_strength": -1.236564, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 68.659321, "energy": 62.373683, "activity_lines": [ 5.733785, 5.656581, 5.590179, 5.51618 ] }, { "date": "2026-01-23", "close": 5.740264, "volume": 44017, "typical_volume": 47539.2, "trend": 5.433449, "fair_value": 4.682917, "relative_strength": -1.453548, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 62.708744, "energy": 69.196624, "activity_lines": [ 5.747043, 5.682785, 5.611371, 5.537346 ] }, { "date": "2026-01-30", "close": 5.746246, "volume": 53334, "typical_volume": 48790.05, "trend": 5.453873, "fair_value": 4.692544, "relative_strength": -2.109734, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 64.583907, "energy": 79.607812, "activity_lines": [ 5.755085, 5.70589, 5.630776, 5.557526 ] }, { "date": "2026-02-06", "close": 5.809052, "volume": 42241, "typical_volume": 50111.45, "trend": 5.474591, "fair_value": 4.703232, "relative_strength": -2.416037, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 70.873112, "energy": 79.317148, "activity_lines": [ 5.775921, 5.733653, 5.653806, 5.580441 ] }, { "date": "2026-02-13", "close": 5.816031, "volume": 29793, "typical_volume": 49227.95, "trend": 5.495657, "fair_value": 4.7135, "relative_strength": -2.961931, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 69.872327, "energy": 78.756314, "activity_lines": [ 5.789413, 5.757228, 5.675062, 5.602469 ] }, { "date": "2026-02-20", "close": 5.939649, "volume": 38042, "typical_volume": 46566.9, "trend": 5.518152, "fair_value": 4.72504, "relative_strength": -3.062943, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 85.135442, "energy": 88.979894, "activity_lines": [ 5.841485, 5.797914, 5.705463, 5.631114 ] }, { "date": "2026-02-27", "close": 5.992486, "volume": 78366, "typical_volume": 45131.15, "trend": 5.548221, "fair_value": 4.736572, "relative_strength": -4.148448, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 85.546969, "energy": 91.360366, "activity_lines": [ 5.902231, 5.841026, 5.738485, 5.661716 ] }, { "date": "2026-03-06", "close": 5.652037, "volume": 230498, "typical_volume": 55951.05, "trend": 5.563094, "fair_value": 4.746655, "relative_strength": -3.990786, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 56.809755, "energy": 48.828009, "activity_lines": [ 5.832679, 5.815686, 5.736098, 5.668414 ] }, { "date": "2026-03-13", "close": 5.503994, "volume": 33150, "typical_volume": 55516.85, "trend": 5.571463, "fair_value": 4.756843, "relative_strength": -6.168898, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 14.284408, "energy": 14.348933, "activity_lines": [ 5.72006, 5.762922, 5.718411, 5.664601 ] }, { "date": "2026-03-20", "close": 5.299, "volume": 91549, "typical_volume": 59175.75, "trend": 5.569614, "fair_value": 4.765398, "relative_strength": -6.410424, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "mixed", "direction": -41.319672, "energy": 39.855254, "activity_lines": [ 5.559447, 5.675795, 5.684868, 5.647023 ] }, { "date": "2026-03-27", "close": 5.317, "volume": 87480, "typical_volume": 51160.7, "trend": 5.572361, "fair_value": 4.773049, "relative_strength": -6.450903, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -40.925508, "energy": 49.169186, "activity_lines": [ 5.439303, 5.600626, 5.653828, 5.630725 ] }, { "date": "2026-04-03", "close": 5.536, "volume": 27901, "typical_volume": 51340.4, "trend": 5.582044, "fair_value": 4.78202, "relative_strength": -6.849776, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -24.960884, "energy": 41.073828, "activity_lines": [ 5.433668, 5.574157, 5.644032, 5.628379 ] }, { "date": "2026-04-10", "close": 5.7295, "volume": 33239, "typical_volume": 50810.35, "trend": 5.59798, "fair_value": 4.791613, "relative_strength": -4.964713, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -9.808466, "energy": 25.545751, "activity_lines": [ 5.522966, 5.586585, 5.652541, 5.637893 ] }, { "date": "2026-04-17", "close": 5.881, "volume": 94262, "typical_volume": 54821.7, "trend": 5.617452, "fair_value": 4.802032, "relative_strength": -3.000424, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "up", "direction": 45.133082, "energy": 19.690941, "activity_lines": [ 5.6576, 5.626862, 5.673787, 5.656152 ] }, { "date": "2026-04-24", "close": 5.610184, "volume": 21615, "typical_volume": 54722.5, "trend": 5.628991, "fair_value": 4.810966, "relative_strength": -4.779055, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 10.42113, "energy": 16.098566, "activity_lines": [ 5.676828, 5.616592, 5.66747, 5.655683 ] }, { "date": "2026-05-01", "close": 5.599864, "volume": 21225, "typical_volume": 54329.5, "trend": 5.634537, "fair_value": 4.819963, "relative_strength": -4.675341, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 10.339028, "energy": 16.808109, "activity_lines": [ 5.67187, 5.608188, 5.659744, 5.653804 ] }, { "date": "2026-05-08", "close": 5.6264, "volume": 17499, "typical_volume": 53516.65, "trend": 5.643238, "fair_value": 4.829107, "relative_strength": -2.884093, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 10.206357, "energy": 11.322821, "activity_lines": [ 5.656901, 5.610787, 5.654283, 5.653279 ] }, { "date": "2026-05-15", "close": 5.648512, "volume": 69918, "typical_volume": 55591.75, "trend": 5.651516, "fair_value": 4.838186, "relative_strength": -2.039473, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -2.209696, "energy": 3.398145, "activity_lines": [ 5.643275, 5.624062, 5.650956, 5.653619 ] }, { "date": "2026-05-22", "close": 5.792489, "volume": 49830, "typical_volume": 56511.2, "trend": 5.635468, "fair_value": 4.848575, "relative_strength": -2.058842, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 39.99284, "energy": 16.664604, "activity_lines": [ 5.68304, 5.663579, 5.661224, 5.662714 ] }, { "date": "2026-05-29", "close": 5.836714, "volume": 8503, "typical_volume": 55057.1, "trend": 5.647866, "fair_value": 4.859384, "relative_strength": -0.696864, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 43.946988, "energy": 25.147143, "activity_lines": [ 5.743448, 5.705892, 5.675092, 5.675698 ] }, { "date": "2026-06-05", "close": 5.781187, "volume": 28557, "typical_volume": 55050.95, "trend": 5.660633, "fair_value": 4.870178, "relative_strength": -1.165117, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 41.41322, "energy": 37.312763, "activity_lines": [ 5.770245, 5.728332, 5.683386, 5.684299 ] }, { "date": "2026-06-12", "close": 5.891749, "volume": 1036, "typical_volume": 52901.9, "trend": 5.673359, "fair_value": 4.881425, "relative_strength": -0.225508, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 64.21009, "energy": 58.014823, "activity_lines": [ 5.821808, 5.762434, 5.702326, 5.69921 ] }, { "date": "2026-06-19", "close": 5.954, "volume": 861, "typical_volume": 50278.25, "trend": 5.692681, "fair_value": 4.893711, "relative_strength": 1.881221, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 70.06892, "energy": 67.106034, "activity_lines": [ 5.876432, 5.801387, 5.726473, 5.717316 ] }, { "date": "2026-06-26", "close": 5.957, "volume": 3689, "typical_volume": 48350.65, "trend": 5.707615, "fair_value": 4.905451, "relative_strength": 0.573599, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 69.560327, "energy": 69.266157, "activity_lines": [ 5.911689, 5.836803, 5.749917, 5.734369 ] }, { "date": "2026-07-03", "close": 6.075, "volume": 1282, "typical_volume": 46925.1, "trend": 5.726085, "fair_value": 4.918869, "relative_strength": 0.968129, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 80.859557, "energy": 80.736515, "activity_lines": [ 5.975312, 5.892293, 5.783894, 5.758071 ] }, { "date": "2026-07-10", "close": 5.9485, "volume": 55344, "typical_volume": 47790.2, "trend": 5.739543, "fair_value": 4.930627, "relative_strength": 0.623383, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.351479, "energy": 73.144948, "activity_lines": [ 5.980883, 5.91633, 5.804591, 5.77242 ] }, { "date": "2026-07-17", "close": 5.916, "volume": 71463, "typical_volume": 47445.05, "trend": 5.749007, "fair_value": 4.941677, "relative_strength": -0.837333, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 61.948743, "energy": 65.889595, "activity_lines": [ 5.964467, 5.92812, 5.82215, 5.783805 ] }, { "date": "2026-07-24", "close": 5.942, "volume": 42562, "typical_volume": 38048.25, "trend": 5.759602, "fair_value": 4.952689, "relative_strength": -1.58126, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 59.920411, "energy": 57.398947, "activity_lines": [ 5.9551, 5.939372, 5.842549, 5.796256 ] }, { "date": "2026-07-31", "close": 5.986, "volume": 8840, "typical_volume": 36832.75, "trend": 5.770336, "fair_value": 4.964497, "relative_strength": -2.020468, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 61.896665, "energy": 43.127646, "activity_lines": [ 5.9612, 5.953288, 5.865758, 5.810862 ] }, { "date": "2026-08-07", "close": 6.1275, "volume": 16484, "typical_volume": 33079.5, "trend": 5.782031, "fair_value": 4.977206, "relative_strength": 0.027053, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 79.732252, "energy": 60.939927, "activity_lines": [ 6.012533, 5.989412, 5.900148, 5.833905 ] } ], "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." } } }