{ "ticker": { "uuid": "d3f6df23-5e6d-4139-9ac3-fffc1ed01275", "symbol": "BBVA", "name": "Banco Bilbao Vizcaya Argentaria, S.A.", "exchange": "MCE", "country": "ES", "assetType": "equity" }, "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": "^IBEX", "stage": 2, "stage_name": "Advancing", "phase": "2b", "phase_label": "Stage 2B \u00b7 Advancing", "transition": "stage_2_healthy", "transition_label": "Stage 2 trend intact", "confidence": 96.0, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Early expansion", "architecture_gate": "up", "architecture_direction": 87.06, "architecture_energy": 92.808, "architecture_maturity": 34.1, "architecture_confidence": 81.383, "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": 4.37, "rotation_up": 82.91, "upward_expansion": 97.07, "deceleration": 42.1, "rotation_down": 10.14, "downward_expansion": 21.41 }, "activity_lines": [ 23.666667, 22.895273, 21.570827, 20.773901 ], "activity_state": "Wide", "activity_direction": "Expanding", "rotation_direction": "Improving", "price_acceptance": 0.833333 }, "latest_close": 24.6, "trend_reference": 20.061078, "distance_from_trend": 0.226255, "trend_direction": "Improving", "fair_value": 12.27586, "distance_from_fair_value": 1.003933, "fair_value_direction": "Improving", "relative_strength": 13.258255, "relative_strength_direction": "Improving", "price_momentum": 0.258395, "excess_performance": 0.133964, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.226255, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.06504, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 1.003933, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.277483, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.132583, "read": "Leading" }, { "label": "Relative strength direction", "positive": true, "value": 0.095613, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.258395, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 2.110152, "read": "Demand-led" } ], "volume": { "latest": 32700425, "relative_activity": 0.764556, "balance": 2.110152, "dry_up": 0.91254, "accumulation_observations": 2, "distribution_observations": 0 }, "risk": { "range_context": 0.041651, "annualized_volatility": 0.292283, "from_high_reference": -0.012445, "from_low_reference": 0.693661 }, "levels": { "trend_reference": 20.061078, "fair_value_reference": 12.27586, "structural_low": 16.823121, "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 38, "median_return": 0.021366, "positive_rate": 0.631579, "directional_follow_through": 0.631579, "median_excess_return": 0.01391, "regime_survival": 0.763158, "best_return": 0.161331, "worst_return": -0.205194, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 14, "median_return": 0.11856, "positive_rate": 0.785714, "directional_follow_through": 0.785714, "median_excess_return": 0.071226, "regime_survival": 0.642857, "best_return": 0.302225, "worst_return": -0.083625, "sufficient": true }, { "horizon": "Extended", "sample_count": 8, "median_return": 0.25707, "positive_rate": 0.875, "directional_follow_through": 0.875, "median_excess_return": 0.0895, "regime_survival": 0.625, "best_return": 0.32039, "worst_return": -0.01445, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 4, "median_return": 0.432115, "positive_rate": 0.75, "directional_follow_through": 0.75, "median_excess_return": 0.209917, "regime_survival": 0.5, "best_return": 1.081923, "worst_return": -0.108441, "sufficient": false } ], "ledger": [ { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-01-19", "end": "2024-02-02", "tenure": "New", "return": 0.120811, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-02-09", "end": "2024-05-10", "tenure": "Established", "return": 0.099951, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-05-17", "end": "2024-08-09", "tenure": "Established", "return": -0.111976, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2024-08-16", "end": "2024-09-20", "tenure": "Developing", "return": 0.055026, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-09-27", "end": "2025-01-17", "tenure": "Established", "return": 0.072377, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-01-24", "end": "2025-04-11", "tenure": "Developing", "return": 0.093721, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-04-18", "end": "2025-05-09", "tenure": "New", "return": 0.080068, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-05-16", "end": "2025-07-04", "tenure": "Developing", "return": -0.036194, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-07-11", "end": "2025-08-01", "tenure": "New", "return": 0.10978, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-08-08", "end": "2026-02-20", "tenure": "Extended", "return": 0.268756, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-02-27", "end": "2026-03-27", "tenure": "Developing", "return": -0.093165, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2026-04-03", "end": "2026-04-10", "tenure": "New", "return": 0.084252, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-04-17", "end": "2026-06-12", "tenure": "Developing", "return": -0.010832, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-06-19", "end": "2026-08-07", "tenure": "Developing", "return": 0.152765, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 5.914673, "volume": 39650753, "typical_volume": 72371016.35, "trend": 5.580245, "fair_value": 3.978592, "relative_strength": 12.82478, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 55.769025, "energy": 37.299713, "activity_lines": [ 5.952763, 5.923172, 5.778746, 5.68427 ] }, { "date": "2023-08-25", "close": 5.990073, "volume": 34772125, "typical_volume": 71433664.1, "trend": 5.608716, "fair_value": 4.004912, "relative_strength": 12.581921, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 55.70366, "energy": 32.72548, "activity_lines": [ 5.959913, 5.944954, 5.807677, 5.710711 ] }, { "date": "2023-09-01", "close": 6.085579, "volume": 50017422, "typical_volume": 56547090.05, "trend": 5.627786, "fair_value": 4.032044, "relative_strength": 12.292098, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.717344, "energy": 38.112509, "activity_lines": [ 5.997557, 5.978618, 5.84343, 5.741476 ] }, { "date": "2023-09-08", "close": 5.839273, "volume": 49692474, "typical_volume": 55399355.05, "trend": 5.643088, "fair_value": 4.058164, "relative_strength": 8.168601, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 40.995788, "energy": 24.962962, "activity_lines": [ 5.956897, 5.958176, 5.853898, 5.75512 ] }, { "date": "2023-09-15", "close": 6.040339, "volume": 65605486, "typical_volume": 55746418.35, "trend": 5.658813, "fair_value": 4.086149, "relative_strength": 9.17003, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 56.119467, "energy": 31.428819, "activity_lines": [ 5.98069, 5.975236, 5.882766, 5.780749 ] }, { "date": "2023-09-22", "close": 6.254809, "volume": 70720382, "typical_volume": 56199885.6, "trend": 5.680304, "fair_value": 4.115597, "relative_strength": 12.976451, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.370265, "energy": 39.212798, "activity_lines": [ 6.074297, 6.026478, 5.929825, 5.819201 ] }, { "date": "2023-09-29", "close": 6.459225, "volume": 62628414, "typical_volume": 56679945.9, "trend": 5.699295, "fair_value": 4.145956, "relative_strength": 16.824949, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 75.423696, "energy": 58.686404, "activity_lines": [ 6.213367, 6.109006, 5.99166, 5.869454 ] }, { "date": "2023-10-06", "close": 6.430741, "volume": 228055135, "typical_volume": 65387142.6, "trend": 5.726065, "fair_value": 4.176076, "relative_strength": 17.955105, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 70.807736, "energy": 70.548946, "activity_lines": [ 6.311666, 6.177459, 6.046347, 5.916644 ] }, { "date": "2023-10-13", "close": 6.572771, "volume": 87673436, "typical_volume": 66930853.25, "trend": 5.78455, "fair_value": 4.207367, "relative_strength": 19.822642, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 73.713207, "energy": 76.678578, "activity_lines": [ 6.434297, 6.266497, 6.109837, 5.97127 ] }, { "date": "2023-10-20", "close": 6.451275, "volume": 79242650, "typical_volume": 64869387.55, "trend": 5.83651, "fair_value": 4.237132, "relative_strength": 19.544159, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.447584, "energy": 70.294155, "activity_lines": [ 6.467529, 6.319407, 6.156308, 6.014285 ] }, { "date": "2023-10-27", "close": 6.367425, "volume": 73038591, "typical_volume": 65665881.6, "trend": 5.873914, "fair_value": 4.266512, "relative_strength": 18.749438, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 60.583589, "energy": 55.847862, "activity_lines": [ 6.445416, 6.349143, 6.189964, 6.048537 ] }, { "date": "2023-11-03", "close": 6.617263, "volume": 66414269, "typical_volume": 64898278.25, "trend": 5.910738, "fair_value": 4.297382, "relative_strength": 17.747467, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.7933, "energy": 50.735475, "activity_lines": [ 6.499075, 6.416073, 6.243064, 6.096495 ] }, { "date": "2023-11-10", "close": 6.759294, "volume": 60738492, "typical_volume": 65946158.1, "trend": 5.945986, "fair_value": 4.325967, "relative_strength": 18.517325, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 73.078451, "energy": 53.360419, "activity_lines": [ 6.589541, 6.497423, 6.305268, 6.151241 ] }, { "date": "2023-11-17", "close": 7.087847, "volume": 78895526, "typical_volume": 66978254.0, "trend": 5.992855, "fair_value": 4.354683, "relative_strength": 18.600636, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 83.182209, "energy": 75.062261, "activity_lines": [ 6.767622, 6.62626, 6.393114, 6.224909 ] }, { "date": "2023-11-24", "close": 7.178541, "volume": 57500539, "typical_volume": 67874272.5, "trend": 6.046433, "fair_value": 4.382314, "relative_strength": 17.28199, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 80.707, "energy": 85.359279, "activity_lines": [ 6.941595, 6.748886, 6.483898, 6.301405 ] }, { "date": "2023-12-01", "close": 7.320571, "volume": 66830039, "typical_volume": 69307668.75, "trend": 6.114799, "fair_value": 4.409247, "relative_strength": 16.54011, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 81.139327, "energy": 90.253791, "activity_lines": [ 7.114427, 6.876641, 6.581529, 6.383607 ] }, { "date": "2023-12-08", "close": 7.277791, "volume": 39198648, "typical_volume": 69438496.35, "trend": 6.173138, "fair_value": 4.437453, "relative_strength": 14.287694, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 73.937461, "energy": 88.567321, "activity_lines": [ 7.209457, 6.97724, 6.66847, 6.458639 ] }, { "date": "2023-12-15", "close": 7.087847, "volume": 83167158, "typical_volume": 70805255.05, "trend": 6.228106, "fair_value": 4.464056, "relative_strength": 12.122221, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.749154, "energy": 79.273076, "activity_lines": [ 7.197136, 7.028421, 6.731094, 6.517653 ] }, { "date": "2023-12-22", "close": 7.048489, "volume": 43122169, "typical_volume": 69775732.2, "trend": 6.282097, "fair_value": 4.490193, "relative_strength": 10.809107, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.200891, "energy": 59.3042, "activity_lines": [ 7.149793, 7.060498, 6.785467, 6.570581 ] }, { "date": "2023-12-29", "close": 7.038221, "volume": 14742534, "typical_volume": 67585312.1, "trend": 6.335466, "fair_value": 4.516566, "relative_strength": 10.24882, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 60.536685, "energy": 51.855291, "activity_lines": [ 7.10165, 7.08206, 6.832922, 6.619363 ] }, { "date": "2024-01-05", "close": 7.284636, "volume": 34236084, "typical_volume": 67314578.65, "trend": 6.396491, "fair_value": 4.543399, "relative_strength": 12.90329, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 70.610396, "energy": 52.369324, "activity_lines": [ 7.145001, 7.137752, 6.898973, 6.6806 ] }, { "date": "2024-01-12", "close": 7.091269, "volume": 38516950, "typical_volume": 67501819.9, "trend": 6.44325, "fair_value": 4.569866, "relative_strength": 10.228789, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 47.633996, "energy": 41.483302, "activity_lines": [ 7.126292, 7.14161, 6.940084, 6.725424 ] }, { "date": "2024-01-19", "close": 6.841432, "volume": 44378284, "typical_volume": 67219863.0, "trend": 6.485536, "fair_value": 4.595131, "relative_strength": 8.490246, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 42.207133, "energy": 32.418425, "activity_lines": [ 7.036738, 7.091425, 6.952157, 6.751113 ] }, { "date": "2024-01-26", "close": 6.923571, "volume": 35957885, "typical_volume": 66533133.55, "trend": 6.519948, "fair_value": 4.622014, "relative_strength": 8.50387, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 38.852091, "energy": 26.710057, "activity_lines": [ 6.990992, 7.05468, 6.968454, 6.779373 ] }, { "date": "2024-02-02", "close": 7.667949, "volume": 66469985, "typical_volume": 66576358.5, "trend": 6.583026, "fair_value": 4.650631, "relative_strength": 18.084606, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 79.709083, "energy": 48.093759, "activity_lines": [ 7.2017, 7.156264, 7.050481, 6.853438 ] }, { "date": "2024-02-09", "close": 7.830515, "volume": 64116124, "typical_volume": 66246145.6, "trend": 6.646329, "fair_value": 4.680388, "relative_strength": 21.87904, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 85.053421, "energy": 69.449201, "activity_lines": [ 7.424614, 7.278508, 7.14024, 6.933921 ] }, { "date": "2024-02-16", "close": 7.714151, "volume": 60337343, "typical_volume": 66131592.05, "trend": 6.704469, "fair_value": 4.70891, "relative_strength": 19.541512, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 74.659836, "energy": 83.659346, "activity_lines": [ 7.572349, 7.370322, 7.211413, 7.002813 ] }, { "date": "2024-02-23", "close": 8.068373, "volume": 40677336, "typical_volume": 56762702.1, "trend": 6.768663, "fair_value": 4.739248, "relative_strength": 21.349152, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 84.744924, "energy": 93.446888, "activity_lines": [ 7.796632, 7.518606, 7.310346, 7.090807 ] }, { "date": "2024-03-01", "close": 8.010192, "volume": 65788782, "typical_volume": 55668469.4, "trend": 6.842311, "fair_value": 4.768749, "relative_strength": 20.649287, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 74.694485, "energy": 89.750605, "activity_lines": [ 7.919726, 7.638485, 7.395939, 7.170905 ] }, { "date": "2024-03-08", "close": 8.468795, "volume": 57149827, "typical_volume": 54563828.25, "trend": 6.924098, "fair_value": 4.800855, "relative_strength": 23.795524, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 89.888961, "energy": 94.416871, "activity_lines": [ 8.123245, 7.82426, 7.518364, 7.27584 ] }, { "date": "2024-03-15", "close": 8.911145, "volume": 100343909, "typical_volume": 55929094.15, "trend": 7.02398, "fair_value": 4.836247, "relative_strength": 25.62119, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 93.813804, "energy": 96.42393, "activity_lines": [ 8.420825, 8.064452, 7.67331, 7.404036 ] }, { "date": "2024-03-22", "close": 9.326113, "volume": 59304967, "typical_volume": 55573629.05, "trend": 7.135181, "fair_value": 4.875437, "relative_strength": 26.249706, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 94.388098, "energy": 96.936375, "activity_lines": [ 8.784686, 8.35052, 7.855664, 7.552561 ] }, { "date": "2024-03-29", "close": 9.4459, "volume": 47627037, "typical_volume": 54918056.3, "trend": 7.247192, "fair_value": 4.915338, "relative_strength": 25.337175, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 88.891551, "energy": 95.417244, "activity_lines": [ 9.081011, 8.617734, 8.036527, 7.70164 ] }, { "date": "2024-04-05", "close": 9.415953, "volume": 175337239, "typical_volume": 59740141.95, "trend": 7.366415, "fair_value": 4.955113, "relative_strength": 25.793069, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 78.226467, "energy": 91.661521, "activity_lines": [ 9.275519, 8.832149, 8.201745, 7.84156 ] }, { "date": "2024-04-12", "close": 8.914774, "volume": 58216126, "typical_volume": 59775921.3, "trend": 7.462229, "fair_value": 4.991994, "relative_strength": 20.89717, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 68.142322, "energy": 71.490755, "activity_lines": [ 9.20925, 8.910125, 8.308145, 7.941454 ] }, { "date": "2024-04-19", "close": 9.052266, "volume": 106020854, "typical_volume": 61735462.05, "trend": 7.555478, "fair_value": 5.029893, "relative_strength": 21.450924, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.849736, "energy": 65.354287, "activity_lines": [ 9.15908, 8.990429, 8.419372, 8.044037 ] }, { "date": "2024-04-26", "close": 9.744158, "volume": 45990913, "typical_volume": 62075075.3, "trend": 7.664976, "fair_value": 5.070371, "relative_strength": 24.816261, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 83.157386, "energy": 69.723875, "activity_lines": [ 9.330132, 9.174319, 8.588247, 8.185242 ] }, { "date": "2024-05-03", "close": 8.737366, "volume": 91647668, "typical_volume": 62499100.8, "trend": 7.741863, "fair_value": 5.103683, "relative_strength": 14.293374, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 50.644342, "energy": 46.439892, "activity_lines": [ 9.137717, 9.138246, 8.649493, 8.254429 ] }, { "date": "2024-05-10", "close": 8.61318, "volume": 79655052, "typical_volume": 64325744.95, "trend": 7.809877, "fair_value": 5.135228, "relative_strength": 9.594863, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 45.475569, "energy": 36.71374, "activity_lines": [ 8.951143, 9.06743, 8.691056, 8.310643 ] }, { "date": "2024-05-17", "close": 8.888163, "volume": 81985597, "typical_volume": 67687898.1, "trend": 7.891106, "fair_value": 5.168097, "relative_strength": 10.285697, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 41.557492, "energy": 30.980616, "activity_lines": [ 8.909748, 9.035648, 8.751358, 8.380209 ] }, { "date": "2024-05-24", "close": 8.838488, "volume": 33921973, "typical_volume": 67672192.55, "trend": 7.973475, "fair_value": 5.200624, "relative_strength": 9.886061, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 35.571266, "energy": 23.955333, "activity_lines": [ 8.853568, 8.987209, 8.798119, 8.441331 ] }, { "date": "2024-05-31", "close": 8.817199, "volume": 105528068, "typical_volume": 71022748.45, "trend": 8.046806, "fair_value": 5.232587, "relative_strength": 8.316992, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 33.929121, "energy": 20.502599, "activity_lines": [ 8.804544, 8.93622, 8.835453, 8.495765 ] }, { "date": "2024-06-07", "close": 8.776395, "volume": 60195648, "typical_volume": 71813616.65, "trend": 8.114043, "fair_value": 5.264151, "relative_strength": 6.508699, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 32.00267, "energy": 17.679565, "activity_lines": [ 8.803716, 8.887066, 8.860683, 8.542835 ] }, { "date": "2024-06-14", "close": 8.001121, "volume": 73346811, "typical_volume": 73683062.95, "trend": 8.144485, "fair_value": 5.290859, "relative_strength": 0.40066, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -6.514589, "energy": 12.504277, "activity_lines": [ 8.541861, 8.709125, 8.802863, 8.53555 ] }, { "date": "2024-06-21", "close": 8.151917, "volume": 68579245, "typical_volume": 73788525.95, "trend": 8.176931, "fair_value": 5.31755, "relative_strength": 1.551703, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -3.583505, "energy": 17.432524, "activity_lines": [ 8.371076, 8.584326, 8.754273, 8.536029 ] }, { "date": "2024-06-28", "close": 8.295619, "volume": 41821830, "typical_volume": 72673811.25, "trend": 8.209433, "fair_value": 5.345802, "relative_strength": 3.783765, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 1.365063, "energy": 19.125357, "activity_lines": [ 8.297274, 8.499525, 8.717065, 8.543686 ] }, { "date": "2024-07-05", "close": 8.528024, "volume": 32105591, "typical_volume": 71262223.65, "trend": 8.251107, "fair_value": 5.375864, "relative_strength": 5.504637, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 1.562364, "energy": 18.536939, "activity_lines": [ 8.337132, 8.470737, 8.699775, 8.564241 ] }, { "date": "2024-07-12", "close": 8.680594, "volume": 31551331, "typical_volume": 70805923.4, "trend": 8.304199, "fair_value": 5.407548, "relative_strength": 4.830891, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 6.253173, "energy": 11.050832, "activity_lines": [ 8.447125, 8.4918, 8.693141, 8.591949 ] }, { "date": "2024-07-19", "close": 8.763977, "volume": 35189456, "typical_volume": 69275957.1, "trend": 8.361382, "fair_value": 5.438468, "relative_strength": 6.928981, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 25.646547, "energy": 14.210934, "activity_lines": [ 8.591299, 8.529056, 8.691532, 8.621613 ] }, { "date": "2024-07-26", "close": 8.901468, "volume": 37618453, "typical_volume": 68299388.4, "trend": 8.42349, "fair_value": 5.470058, "relative_strength": 7.388628, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 38.308124, "energy": 24.456555, "activity_lines": [ 8.730446, 8.588568, 8.699428, 8.656457 ] }, { "date": "2024-08-02", "close": 7.871612, "volume": 63578543, "typical_volume": 66461120.1, "trend": 8.443056, "fair_value": 5.493393, "relative_strength": -0.952811, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -8.251801, "energy": 7.041555, "activity_lines": [ 8.476338, 8.460592, 8.607182, 8.620852 ] }, { "date": "2024-08-09", "close": 7.8929, "volume": 47130248, "typical_volume": 65852384.15, "trend": 8.469777, "fair_value": 5.5164, "relative_strength": -0.631545, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -36.772311, "energy": 35.234099, "activity_lines": [ 8.257593, 8.354066, 8.521914, 8.585358 ] }, { "date": "2024-08-16", "close": 8.189174, "volume": 21383648, "typical_volume": 64540214.7, "trend": 8.514702, "fair_value": 5.54275, "relative_strength": -0.113919, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "mixed", "direction": -23.879151, "energy": 44.318038, "activity_lines": [ 8.179948, 8.318214, 8.471688, 8.567254 ] }, { "date": "2024-08-23", "close": 8.373678, "volume": 24103044, "typical_volume": 56978504.95, "trend": 8.563039, "fair_value": 5.570161, "relative_strength": -1.094234, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -51.481636, "energy": 55.862276, "activity_lines": [ 8.196565, 8.326584, 8.445017, 8.558156 ] }, { "date": "2024-08-30", "close": 8.506735, "volume": 35668222, "typical_volume": 55851109.75, "trend": 8.590998, "fair_value": 5.598481, "relative_strength": -0.872817, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -47.583559, "energy": 40.007883, "activity_lines": [ 8.283555, 8.352373, 8.435982, 8.554524 ] }, { "date": "2024-09-06", "close": 7.905319, "volume": 33448735, "typical_volume": 52222503.8, "trend": 8.593492, "fair_value": 5.623266, "relative_strength": -6.195062, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.10294, "energy": 34.351931, "activity_lines": [ 8.196388, 8.262362, 8.371612, 8.510286 ] }, { "date": "2024-09-13", "close": 8.206914, "volume": 37169122, "typical_volume": 51781414.25, "trend": 8.609917, "fair_value": 5.649175, "relative_strength": -5.903663, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -49.643867, "energy": 27.824437, "activity_lines": [ 8.207505, 8.234283, 8.341428, 8.485346 ] }, { "date": "2024-09-20", "close": 8.63979, "volume": 50326656, "typical_volume": 49715363.65, "trend": 8.628964, "fair_value": 5.67791, "relative_strength": -2.926356, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -24.813561, "energy": 13.398881, "activity_lines": [ 8.341981, 8.290747, 8.359789, 8.487273 ] }, { "date": "2024-09-27", "close": 8.81365, "volume": 30785828, "typical_volume": 47271902.45, "trend": 8.655746, "fair_value": 5.707892, "relative_strength": -2.875221, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -10.721116, "energy": 8.793025, "activity_lines": [ 8.504368, 8.379564, 8.395174, 8.499188 ] }, { "date": "2024-10-04", "close": 8.473027, "volume": 115252284, "typical_volume": 48935236.8, "trend": 8.655887, "fair_value": 5.733917, "relative_strength": -4.230576, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -13.59081, "energy": 14.52084, "activity_lines": [ 8.523883, 8.405547, 8.397163, 8.4874 ] }, { "date": "2024-10-11", "close": 8.494057, "volume": 43518984, "typical_volume": 49415087.35, "trend": 8.641984, "fair_value": 5.760845, "relative_strength": -4.522057, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -11.277178, "energy": 16.14303, "activity_lines": [ 8.552656, 8.443143, 8.403133, 8.476959 ] }, { "date": "2024-10-18", "close": 8.495886, "volume": 166574585, "typical_volume": 52467413.2, "trend": 8.61431, "fair_value": 5.788181, "relative_strength": -6.139852, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -10.989883, "energy": 12.819958, "activity_lines": [ 8.542789, 8.469754, 8.410916, 8.467534 ] }, { "date": "2024-10-25", "close": 8.269084, "volume": 32138413, "typical_volume": 51064551.45, "trend": 8.575083, "fair_value": 5.812269, "relative_strength": -7.741311, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -32.005634, "energy": 12.945658, "activity_lines": [ 8.438056, 8.444165, 8.39863, 8.445261 ] }, { "date": "2024-11-01", "close": 8.611115, "volume": 67056528, "typical_volume": 50750037.3, "trend": 8.548255, "fair_value": 5.838722, "relative_strength": -4.209349, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -16.215637, "energy": 7.032634, "activity_lines": [ 8.472047, 8.479311, 8.421333, 8.447586 ] }, { "date": "2024-11-08", "close": 8.323956, "volume": 72962822, "typical_volume": 50969216.15, "trend": 8.528561, "fair_value": 5.862852, "relative_strength": -5.066316, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -33.91226, "energy": 15.393957, "activity_lines": [ 8.423821, 8.457928, 8.413784, 8.433115 ] }, { "date": "2024-11-15", "close": 8.574534, "volume": 52013519, "typical_volume": 51478800.6, "trend": 8.512637, "fair_value": 5.892042, "relative_strength": -2.943535, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -20.918069, "energy": 9.662607, "activity_lines": [ 8.46906, 8.485429, 8.429279, 8.436081 ] }, { "date": "2024-11-22", "close": 8.386144, "volume": 38160324, "typical_volume": 51781537.25, "trend": 8.46737, "fair_value": 5.922682, "relative_strength": -5.237727, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -28.924268, "energy": 11.562774, "activity_lines": [ 8.446136, 8.46651, 8.425505, 8.42792 ] }, { "date": "2024-11-29", "close": 8.172146, "volume": 52526035, "typical_volume": 52830272.45, "trend": 8.448529, "fair_value": 5.952219, "relative_strength": -7.487884, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -41.394736, "energy": 19.179095, "activity_lines": [ 8.359196, 8.405423, 8.402025, 8.408873 ] }, { "date": "2024-12-06", "close": 8.737319, "volume": 41593710, "typical_volume": 53150485.15, "trend": 8.452667, "fair_value": 5.98385, "relative_strength": -4.647502, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 22.969629, "energy": 9.608922, "activity_lines": [ 8.467109, 8.455597, 8.434793, 8.427505 ] }, { "date": "2024-12-13", "close": 8.874497, "volume": 36061650, "typical_volume": 53072645.0, "trend": 8.452211, "fair_value": 6.016898, "relative_strength": -0.647714, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 53.966084, "energy": 33.71145, "activity_lines": [ 8.612335, 8.532101, 8.480752, 8.45472 ] }, { "date": "2024-12-20", "close": 8.50686, "volume": 64593058, "typical_volume": 53123370.75, "trend": 8.441157, "fair_value": 6.046766, "relative_strength": -2.508704, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 42.949314, "energy": 30.350549, "activity_lines": [ 8.598312, 8.534462, 8.491827, 8.458245 ] }, { "date": "2024-12-27", "close": 8.583679, "volume": 9683205, "typical_volume": 51251018.6, "trend": 8.433373, "fair_value": 6.076744, "relative_strength": -2.29452, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 43.668295, "energy": 34.954277, "activity_lines": [ 8.614407, 8.550557, 8.507193, 8.46744 ] }, { "date": "2025-01-03", "close": 8.521491, "volume": 21669777, "typical_volume": 51265325.05, "trend": 8.424876, "fair_value": 6.104716, "relative_strength": -4.036937, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 43.272203, "energy": 31.019956, "activity_lines": [ 8.596604, 8.55375, 8.513346, 8.473125 ] }, { "date": "2025-01-10", "close": 9.086665, "volume": 49158811, "typical_volume": 52518113.4, "trend": 8.461061, "fair_value": 6.135458, "relative_strength": 1.536154, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 63.92602, "energy": 38.818649, "activity_lines": [ 8.743903, 8.655112, 8.571743, 8.515821 ] }, { "date": "2025-01-17", "close": 9.451558, "volume": 50268611, "typical_volume": 53248132.85, "trend": 8.504382, "fair_value": 6.169206, "relative_strength": 3.622857, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 73.961949, "energy": 62.565901, "activity_lines": [ 8.989543, 8.814171, 8.661497, 8.579724 ] }, { "date": "2025-01-24", "close": 9.803649, "volume": 40579007, "typical_volume": 53604646.45, "trend": 8.55465, "fair_value": 6.205125, "relative_strength": 6.563351, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 79.485999, "energy": 76.830671, "activity_lines": [ 9.314076, 9.016746, 8.780284, 8.663548 ] }, { "date": "2025-01-31", "close": 10.105439, "volume": 48732658, "typical_volume": 54182823.25, "trend": 8.607231, "fair_value": 6.242779, "relative_strength": 6.266819, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 82.305301, "energy": 85.369379, "activity_lines": [ 9.652752, 9.251844, 8.918774, 8.763599 ] }, { "date": "2025-02-07", "close": 10.654151, "volume": 59958688, "typical_volume": 54664424.85, "trend": 8.673016, "fair_value": 6.282609, "relative_strength": 9.079434, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 87.528152, "energy": 92.137474, "activity_lines": [ 10.072883, 9.555448, 9.100481, 8.895658 ] }, { "date": "2025-02-14", "close": 11.019959, "volume": 49349841, "typical_volume": 55592625.5, "trend": 8.748215, "fair_value": 6.326001, "relative_strength": 10.304973, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 88.697236, "energy": 95.009846, "activity_lines": [ 10.472771, 9.880434, 9.307434, 9.047074 ] }, { "date": "2025-02-21", "close": 11.239444, "volume": 42283387, "typical_volume": 51944180.65, "trend": 8.826148, "fair_value": 6.372121, "relative_strength": 12.336798, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 85.662354, "energy": 94.234819, "activity_lines": [ 10.816936, 10.203825, 9.524785, 9.207798 ] }, { "date": "2025-02-28", "close": 11.728711, "volume": 65178420, "typical_volume": 53027152.45, "trend": 8.954718, "fair_value": 6.424409, "relative_strength": 13.520933, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 88.444177, "energy": 95.383384, "activity_lines": [ 11.204997, 10.573175, 9.775559, 9.395061 ] }, { "date": "2025-03-07", "close": 12.035075, "volume": 73298685, "typical_volume": 48363357.45, "trend": 9.09279, "fair_value": 6.477738, "relative_strength": 17.028539, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 86.618849, "energy": 94.649952, "activity_lines": [ 11.566841, 10.939647, 10.040108, 9.593793 ] }, { "date": "2025-03-14", "close": 12.053366, "volume": 48756613, "typical_volume": 49194267.45, "trend": 9.221597, "fair_value": 6.529815, "relative_strength": 19.22249, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 78.935265, "energy": 90.453862, "activity_lines": [ 11.806141, 11.246693, 10.289545, 9.784798 ] }, { "date": "2025-03-21", "close": 11.957341, "volume": 62057840, "typical_volume": 48944333.05, "trend": 9.341052, "fair_value": 6.582064, "relative_strength": 15.09257, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 70.933915, "energy": 80.128309, "activity_lines": [ 11.920151, 11.472064, 10.511817, 9.961298 ] }, { "date": "2025-03-28", "close": 11.637259, "volume": 38159840, "typical_volume": 47204183.95, "trend": 9.445403, "fair_value": 6.631426, "relative_strength": 12.296429, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.346594, "energy": 66.166598, "activity_lines": [ 11.864975, 11.587044, 10.68767, 10.10944 ] }, { "date": "2025-04-04", "close": 10.388941, "volume": 113068157, "typical_volume": 50256915.85, "trend": 9.52819, "fair_value": 6.67361, "relative_strength": 7.481038, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 51.902993, "energy": 46.638427, "activity_lines": [ 11.367171, 11.435317, 10.728859, 10.170314 ] }, { "date": "2025-04-11", "close": 10.722459, "volume": 99084717, "typical_volume": 53303135.5, "trend": 9.612042, "fair_value": 6.717229, "relative_strength": 12.052888, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 42.749489, "energy": 28.144127, "activity_lines": [ 11.069859, 11.333588, 10.79317, 10.247363 ] }, { "date": "2025-04-18", "close": 11.278543, "volume": 96579683, "typical_volume": 55505817.9, "trend": 9.7, "fair_value": 6.764553, "relative_strength": 12.016415, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 37.866015, "energy": 24.537532, "activity_lines": [ 11.045416, 11.321747, 10.899317, 10.354879 ] }, { "date": "2025-04-25", "close": 11.839382, "volume": 35261560, "typical_volume": 55189210.4, "trend": 9.800858, "fair_value": 6.815206, "relative_strength": 13.700069, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 49.428185, "energy": 26.273916, "activity_lines": [ 11.259573, 11.400523, 11.044085, 10.492904 ] }, { "date": "2025-05-02", "close": 11.615998, "volume": 43762117, "typical_volume": 55574233.75, "trend": 9.905624, "fair_value": 6.866773, "relative_strength": 10.635752, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 46.582562, "energy": 30.816089, "activity_lines": [ 11.407134, 11.423786, 11.152807, 10.61001 ] }, { "date": "2025-05-09", "close": 12.181588, "volume": 42701924, "typical_volume": 54479677.05, "trend": 10.028541, "fair_value": 6.920664, "relative_strength": 14.755246, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 67.557005, "energy": 47.135234, "activity_lines": [ 11.744642, 11.543037, 11.302339, 10.756846 ] }, { "date": "2025-05-16", "close": 12.737673, "volume": 42851881, "typical_volume": 56138110.85, "trend": 10.169934, "fair_value": 6.97863, "relative_strength": 15.296587, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 75.25769, "energy": 66.801869, "activity_lines": [ 12.148001, 11.75516, 11.487333, 10.931629 ] }, { "date": "2025-05-23", "close": 12.609345, "volume": 38938547, "typical_volume": 57001549.35, "trend": 10.31461, "fair_value": 7.034309, "relative_strength": 13.51415, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 68.276068, "energy": 67.335661, "activity_lines": [ 12.374237, 11.931177, 11.640324, 11.08901 ] }, { "date": "2025-05-30", "close": 12.557064, "volume": 42056671, "typical_volume": 56646442.35, "trend": 10.446141, "fair_value": 7.09007, "relative_strength": 12.36155, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.839982, "energy": 69.562979, "activity_lines": [ 12.494326, 12.087579, 11.768871, 11.233685 ] }, { "date": "2025-06-06", "close": 12.585582, "volume": 36444596, "typical_volume": 55955241.6, "trend": 10.588195, "fair_value": 7.149242, "relative_strength": 11.553463, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 64.407221, "energy": 63.454344, "activity_lines": [ 12.576076, 12.238262, 11.883607, 11.371713 ] }, { "date": "2025-06-13", "close": 12.314668, "volume": 40993415, "typical_volume": 55975962.0, "trend": 10.712867, "fair_value": 7.206866, "relative_strength": 11.370839, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 60.606627, "energy": 46.355943, "activity_lines": [ 12.502882, 12.322446, 11.957619, 11.483099 ] }, { "date": "2025-06-20", "close": 12.271893, "volume": 54275699, "typical_volume": 56253114.05, "trend": 10.842391, "fair_value": 7.263865, "relative_strength": 11.071833, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 56.622187, "energy": 39.441172, "activity_lines": [ 12.406557, 12.363839, 12.015599, 11.583681 ] }, { "date": "2025-06-27", "close": 12.36695, "volume": 40019563, "typical_volume": 55256157.8, "trend": 10.982218, "fair_value": 7.32162, "relative_strength": 10.641544, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 44.112761, "energy": 31.164219, "activity_lines": [ 12.37297, 12.394344, 12.072316, 11.68204 ] }, { "date": "2025-07-04", "close": 12.276645, "volume": 37708219, "typical_volume": 54674076.7, "trend": 11.100196, "fair_value": 7.378379, "relative_strength": 9.525858, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 40.784406, "energy": 26.766331, "activity_lines": [ 12.325441, 12.38864, 12.112276, 11.765551 ] }, { "date": "2025-07-11", "close": 12.295657, "volume": 39343055, "typical_volume": 54527060.1, "trend": 11.214234, "fair_value": 7.436738, "relative_strength": 9.134384, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 39.454296, "energy": 26.5174, "activity_lines": [ 12.302945, 12.378443, 12.148063, 11.842678 ] }, { "date": "2025-07-18", "close": 12.129307, "volume": 28226466, "typical_volume": 52679462.4, "trend": 11.334983, "fair_value": 7.493795, "relative_strength": 7.616169, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 35.718499, "energy": 22.282699, "activity_lines": [ 12.244326, 12.325643, 12.162977, 11.901714 ] }, { "date": "2025-07-25", "close": 12.385961, "volume": 37350088, "typical_volume": 50882032.55, "trend": 11.461725, "fair_value": 7.551156, "relative_strength": 7.789552, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 39.065084, "energy": 22.406034, "activity_lines": [ 12.283616, 12.320458, 12.200427, 11.96952 ] }, { "date": "2025-08-01", "close": 13.64547, "volume": 57983530, "typical_volume": 51343378.4, "trend": 11.632525, "fair_value": 7.615572, "relative_strength": 19.032422, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 79.248421, "energy": 56.373231, "activity_lines": [ 12.735138, 12.55067, 12.35616, 12.110406 ] }, { "date": "2025-08-08", "close": 15.152126, "volume": 40780872, "typical_volume": 50279530.0, "trend": 11.834707, "fair_value": 7.688869, "relative_strength": 25.119638, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 91.47637, "energy": 88.871831, "activity_lines": [ 13.603644, 13.03598, 12.647801, 12.337477 ] }, { "date": "2025-08-15", "close": 15.665436, "volume": 35751653, "typical_volume": 50159120.65, "trend": 12.041836, "fair_value": 7.765864, "relative_strength": 24.713716, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 92.957383, "energy": 96.758683, "activity_lines": [ 14.451555, 13.567436, 12.973117, 12.584621 ] }, { "date": "2025-08-22", "close": 15.641672, "volume": 25333208, "typical_volume": 45772373.2, "trend": 12.236437, "fair_value": 7.843915, "relative_strength": 22.77208, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 86.384819, "energy": 95.077269, "activity_lines": [ 15.066892, 14.038575, 13.276987, 12.816869 ] }, { "date": "2025-08-29", "close": 14.72437, "volume": 33619681, "typical_volume": 42499121.4, "trend": 12.390401, "fair_value": 7.91555, "relative_strength": 18.479137, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 68.392997, "energy": 88.639055, "activity_lines": [ 15.142305, 14.28244, 13.468482, 12.97738 ] }, { "date": "2025-09-05", "close": 14.833686, "volume": 25640841, "typical_volume": 38952179.3, "trend": 12.529719, "fair_value": 7.986431, "relative_strength": 19.238322, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.64275, "energy": 86.189325, "activity_lines": [ 15.098262, 14.50159, 13.651332, 13.135012 ] }, { "date": "2025-09-12", "close": 15.413535, "volume": 33371779, "typical_volume": 38857690.25, "trend": 12.676172, "fair_value": 8.060652, "relative_strength": 19.38761, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 73.44635, "energy": 67.979792, "activity_lines": [ 15.168287, 14.781318, 13.872476, 13.321064 ] }, { "date": "2025-09-19", "close": 15.598897, "volume": 49019860, "typical_volume": 39120577.4, "trend": 12.821487, "fair_value": 8.136907, "relative_strength": 20.411244, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 74.230803, "energy": 65.804309, "activity_lines": [ 15.282673, 15.037713, 14.094253, 13.509627 ] }, { "date": "2025-09-26", "close": 15.651178, "volume": 35943911, "typical_volume": 38782676.75, "trend": 12.952236, "fair_value": 8.214183, "relative_strength": 19.343296, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 71.834767, "energy": 65.013575, "activity_lines": [ 15.418922, 15.243555, 14.302044, 13.692188 ] }, { "date": "2025-10-03", "close": 15.608403, "volume": 34699444, "typical_volume": 38375054.9, "trend": 13.071347, "fair_value": 8.290597, "relative_strength": 16.50425, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.916788, "energy": 63.148853, "activity_lines": [ 15.540278, 15.377586, 14.489239, 13.863554 ] }, { "date": "2025-10-10", "close": 15.009542, "volume": 29378590, "typical_volume": 37897057.05, "trend": 13.169886, "fair_value": 8.362524, "relative_strength": 12.205194, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.149708, "energy": 56.34167, "activity_lines": [ 15.403079, 15.344143, 14.605729, 13.988599 ] }, { "date": "2025-10-17", "close": 15.831787, "volume": 56386017, "typical_volume": 38613524.35, "trend": 13.299034, "fair_value": 8.438427, "relative_strength": 16.622194, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 70.837277, "energy": 53.748568, "activity_lines": [ 15.528238, 15.435398, 14.789099, 14.160334 ] }, { "date": "2025-10-24", "close": 16.064676, "volume": 36585670, "typical_volume": 38620578.05, "trend": 13.446614, "fair_value": 8.514562, "relative_strength": 15.595893, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 71.85115, "energy": 53.50091, "activity_lines": [ 15.703143, 15.556639, 14.979055, 14.338763 ] }, { "date": "2025-10-31", "close": 16.573233, "volume": 43090039, "typical_volume": 38725409.25, "trend": 13.652758, "fair_value": 8.593661, "relative_strength": 17.193908, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 79.139226, "energy": 61.108891, "activity_lines": [ 16.016514, 15.763086, 15.200878, 14.54048 ] }, { "date": "2025-11-07", "close": 16.915102, "volume": 195718987, "typical_volume": 45797573.65, "trend": 13.859179, "fair_value": 8.674986, "relative_strength": 19.702678, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 81.315385, "energy": 77.265006, "activity_lines": [ 16.382372, 16.014754, 15.434981, 14.750954 ] }, { "date": "2025-11-14", "close": 17.801041, "volume": 48650771, "typical_volume": 46229134.05, "trend": 14.076596, "fair_value": 8.761218, "relative_strength": 21.619841, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 87.469646, "energy": 92.038986, "activity_lines": [ 16.95643, 16.38767, 15.731349, 15.005267 ] }, { "date": "2025-11-21", "close": 17.142639, "volume": 73731007, "typical_volume": 48030273.45, "trend": 14.253371, "fair_value": 8.842242, "relative_strength": 20.061742, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.721727, "energy": 83.705279, "activity_lines": [ 17.12492, 16.586924, 15.939135, 15.203077 ] }, { "date": "2025-11-28", "close": 17.975323, "volume": 32372607, "typical_volume": 47681751.05, "trend": 14.465348, "fair_value": 8.928752, "relative_strength": 20.648528, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 81.47444, "energy": 87.755596, "activity_lines": [ 17.483582, 16.906137, 16.203052, 15.443203 ] }, { "date": "2025-12-05", "close": 18.275476, "volume": 60942350, "typical_volume": 49317545.25, "trend": 14.668478, "fair_value": 9.01759, "relative_strength": 19.396979, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 80.826143, "energy": 84.029789, "activity_lines": [ 17.814918, 17.236716, 16.46851, 15.689017 ] }, { "date": "2025-12-12", "close": 18.594995, "volume": 51243404, "typical_volume": 50012211.05, "trend": 14.863722, "fair_value": 9.109167, "relative_strength": 19.417004, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 80.35471, "energy": 76.186478, "activity_lines": [ 18.139278, 17.577675, 16.735131, 15.942341 ] }, { "date": "2025-12-19", "close": 19.146889, "volume": 78530974, "typical_volume": 51039583.25, "trend": 15.08164, "fair_value": 9.202911, "relative_strength": 19.771835, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 83.853784, "energy": 85.700767, "activity_lines": [ 18.535609, 17.964676, 17.024746, 16.218674 ] }, { "date": "2025-12-26", "close": 19.122684, "volume": 15416286, "typical_volume": 49771353.95, "trend": 15.300494, "fair_value": 9.296663, "relative_strength": 18.693764, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 76.532424, "energy": 80.330488, "activity_lines": [ 18.834149, 18.272052, 17.285859, 16.479387 ] }, { "date": "2026-01-02", "close": 19.732672, "volume": 24986856, "typical_volume": 49233114.1, "trend": 15.53873, "fair_value": 9.391378, "relative_strength": 19.272907, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 82.067353, "energy": 81.09892, "activity_lines": [ 19.204015, 18.630501, 17.586158, 16.765334 ] }, { "date": "2026-01-09", "close": 19.800451, "volume": 47498442, "typical_volume": 50341375.8, "trend": 15.788257, "fair_value": 9.48575, "relative_strength": 17.790413, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 76.748587, "energy": 72.793362, "activity_lines": [ 19.479318, 18.934582, 17.873545, 17.040284 ] }, { "date": "2026-01-16", "close": 20.284569, "volume": 40790503, "typical_volume": 50699916.9, "trend": 16.055346, "fair_value": 9.583199, "relative_strength": 19.399663, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 80.954812, "energy": 79.475515, "activity_lines": [ 19.814328, 19.268008, 18.187235, 17.330368 ] }, { "date": "2026-01-23", "close": 20.410439, "volume": 36920546, "typical_volume": 51263902.15, "trend": 16.323462, "fair_value": 9.681113, "relative_strength": 20.447147, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 77.379315, "energy": 72.461442, "activity_lines": [ 20.078657, 19.563056, 18.486435, 17.611342 ] }, { "date": "2026-01-30", "close": 20.768688, "volume": 40081953, "typical_volume": 51599410.85, "trend": 16.60653, "fair_value": 9.778903, "relative_strength": 19.435572, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 78.663568, "energy": 70.818152, "activity_lines": [ 20.378165, 19.875797, 18.793198, 17.898131 ] }, { "date": "2026-02-06", "close": 19.548708, "volume": 65123114, "typical_volume": 52404573.55, "trend": 16.848299, "fair_value": 9.869726, "relative_strength": 11.478081, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.809596, "energy": 61.322069, "activity_lines": [ 20.16128, 19.900795, 18.958271, 18.087949 ] }, { "date": "2026-02-13", "close": 18.507853, "volume": 64646681, "typical_volume": 53839712.05, "trend": 17.060917, "fair_value": 9.95267, "relative_strength": 6.747198, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 50.593784, "energy": 43.340215, "activity_lines": [ 19.609707, 19.707939, 19.005407, 18.195017 ] }, { "date": "2026-02-20", "close": 19.224348, "volume": 44829596, "typical_volume": 54346219.65, "trend": 17.288863, "fair_value": 10.039941, "relative_strength": 7.349926, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 44.161566, "energy": 31.927208, "activity_lines": [ 19.383139, 19.641131, 19.107178, 18.334593 ] }, { "date": "2026-02-27", "close": 19.122684, "volume": 51992759, "typical_volume": 55476928.1, "trend": 17.471437, "fair_value": 10.12477, "relative_strength": 5.430504, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 36.108043, "energy": 26.319783, "activity_lines": [ 19.193365, 19.544395, 19.182047, 18.452904 ] }, { "date": "2026-03-06", "close": 17.786518, "volume": 90168431, "typical_volume": 57166048.8, "trend": 17.55925, "fair_value": 10.202711, "relative_strength": 5.177794, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 10.056272, "energy": 20.136647, "activity_lines": [ 18.644052, 19.20516, 19.110076, 18.473232 ] }, { "date": "2026-03-13", "close": 17.437952, "volume": 60660031, "typical_volume": 58369766.85, "trend": 17.618334, "fair_value": 10.283607, "relative_strength": 3.017081, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -8.319479, "energy": 21.436728, "activity_lines": [ 18.177362, 18.826844, 18.9956, 18.465406 ] }, { "date": "2026-03-20", "close": 17.35565, "volume": 80953811, "typical_volume": 60262955.45, "trend": 17.675466, "fair_value": 10.363499, "relative_strength": 4.360425, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -10.179506, "energy": 27.256424, "activity_lines": [ 17.823955, 18.475285, 18.866747, 18.448459 ] }, { "date": "2026-03-27", "close": 17.341127, "volume": 63964263, "typical_volume": 53675219.25, "trend": 17.762692, "fair_value": 10.441036, "relative_strength": 3.40873, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -26.597285, "energy": 35.217306, "activity_lines": [ 17.542521, 18.165537, 18.732784, 18.426889 ] }, { "date": "2026-04-03", "close": 18.173813, "volume": 121003565, "typical_volume": 57292858.95, "trend": 17.874029, "fair_value": 10.522198, "relative_strength": 3.327467, "stage": 2, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -20.482827, "energy": 33.39001, "activity_lines": [ 17.664196, 18.060704, 18.676096, 18.453412 ] }, { "date": "2026-04-10", "close": 19.705, "volume": 72459343, "typical_volume": 57229275.75, "trend": 18.017078, "fair_value": 10.611962, "relative_strength": 7.609514, "stage": 2, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "up", "direction": 32.664575, "energy": 17.568648, "activity_lines": [ 18.359526, 18.274934, 18.763461, 18.57154 ] }, { "date": "2026-04-17", "close": 20.309999, "volume": 56283856, "typical_volume": 58424838.2, "trend": 18.174115, "fair_value": 10.705733, "relative_strength": 8.76289, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 49.841813, "energy": 30.467537, "activity_lines": [ 19.128623, 18.618504, 18.896242, 18.71947 ] }, { "date": "2026-04-24", "close": 18.58, "volume": 45279717, "typical_volume": 57641706.55, "trend": 18.271742, "fair_value": 10.789122, "relative_strength": 3.636542, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 31.756957, "energy": 26.675599, "activity_lines": [ 19.129583, 18.633687, 18.853144, 18.745656 ] }, { "date": "2026-05-01", "close": 18.809999, "volume": 35646387, "typical_volume": 56861855.7, "trend": 18.378462, "fair_value": 10.87592, "relative_strength": 4.007225, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 34.427641, "energy": 27.53037, "activity_lines": [ 19.125587, 18.689376, 18.830501, 18.780382 ] }, { "date": "2026-05-08", "close": 18.924999, "volume": 63417888, "typical_volume": 56106201.4, "trend": 18.508977, "fair_value": 10.9618, "relative_strength": 3.696984, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 33.708617, "energy": 22.042485, "activity_lines": [ 19.061999, 18.773508, 18.817787, 18.815643 ] }, { "date": "2026-05-15", "close": 18.875, "volume": 42054066, "typical_volume": 57438090.4, "trend": 18.610418, "fair_value": 11.04793, "relative_strength": 4.661898, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 29.558904, "energy": 11.650162, "activity_lines": [ 18.931666, 18.852143, 18.801367, 18.839257 ] }, { "date": "2026-05-22", "close": 19.295, "volume": 39240427, "typical_volume": 58150768.95, "trend": 18.718095, "fair_value": 11.136816, "relative_strength": 4.482695, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 36.98719, "energy": 16.15388, "activity_lines": [ 18.996666, 18.987351, 18.826127, 18.883424 ] }, { "date": "2026-05-29", "close": 20.110001, "volume": 44655941, "typical_volume": 58008643.9, "trend": 18.835987, "fair_value": 11.230873, "relative_strength": 6.243094, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 49.204048, "energy": 29.49812, "activity_lines": [ 19.401, 19.236977, 18.93059, 18.973224 ] }, { "date": "2026-06-05", "close": 19.41, "volume": 8831696, "typical_volume": 56410703.55, "trend": 18.919151, "fair_value": 11.320335, "relative_strength": 2.312052, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 39.31172, "energy": 33.962615, "activity_lines": [ 19.47, 19.309251, 18.966912, 19.010257 ] }, { "date": "2026-06-12", "close": 20.09, "volume": 11919989, "typical_volume": 55160675.7, "trend": 18.995449, "fair_value": 11.412652, "relative_strength": 3.173311, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 51.89137, "energy": 50.677256, "activity_lines": [ 19.725667, 19.467545, 19.07216, 19.085796 ] }, { "date": "2026-06-19", "close": 21.34, "volume": 41884208, "typical_volume": 55250788.45, "trend": 19.135361, "fair_value": 11.513724, "relative_strength": 5.864737, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 77.134065, "energy": 69.953333, "activity_lines": [ 20.320333, 19.818273, 19.297983, 19.237057 ] }, { "date": "2026-06-26", "close": 21.469999, "volume": 6696222, "typical_volume": 52329443.85, "trend": 19.25185, "fair_value": 11.613588, "relative_strength": 5.653594, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 77.025641, "energy": 75.834102, "activity_lines": [ 20.794, 20.162909, 19.533465, 19.387679 ] }, { "date": "2026-07-03", "close": 22.74, "volume": 7061144, "typical_volume": 49450167.0, "trend": 19.400668, "fair_value": 11.722334, "relative_strength": 8.961272, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 87.481289, "energy": 88.160231, "activity_lines": [ 21.546, 20.717364, 19.880751, 19.612721 ] }, { "date": "2026-07-10", "close": 22.48, "volume": 38891551, "typical_volume": 49153264.75, "trend": 19.530168, "fair_value": 11.828415, "relative_strength": 9.748195, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 77.087596, "energy": 88.744126, "activity_lines": [ 22.036, 21.148909, 20.183122, 19.811388 ] }, { "date": "2026-07-17", "close": 22.07, "volume": 37983066, "typical_volume": 48452780.1, "trend": 19.627605, "fair_value": 11.93162, "relative_strength": 8.133585, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.15946, "energy": 84.95267, "activity_lines": [ 22.184667, 21.439182, 20.430942, 19.975248 ] }, { "date": "2026-07-24", "close": 22.860001, "volume": 35952068, "typical_volume": 45741961.95, "trend": 19.752182, "fair_value": 12.038783, "relative_strength": 9.308606, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 76.918209, "energy": 89.672997, "activity_lines": [ 22.464667, 21.815909, 20.739966, 20.183789 ] }, { "date": "2026-07-31", "close": 24.200001, "volume": 49483410, "typical_volume": 45183130.9, "trend": 19.901093, "fair_value": 12.156727, "relative_strength": 14.032281, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 88.198937, "energy": 92.028945, "activity_lines": [ 23.090001, 22.363818, 21.152449, 20.470745 ] }, { "date": "2026-08-07", "close": 24.6, "volume": 32700425, "typical_volume": 42770461.6, "trend": 20.061078, "fair_value": 12.27586, "relative_strength": 13.258255, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 87.059647, "energy": 92.808276, "activity_lines": [ 23.666667, 22.895273, 21.570827, 20.773901 ] } ], "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." } } }