{ "ticker": { "uuid": "d4441c68-4509-44e9-a1da-75ce5668fd75", "symbol": "FUSA", "name": "Fidelity US Quality Income UCITS ETF Acc", "exchange": "MIL", "country": "IT", "assetType": "etf" }, "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.", "analysis": { "eligible": true, "as_of": "2026-08-07", "benchmark": "FTSEMIB.MI", "stage": 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": "Established expansion", "architecture_gate": "up", "architecture_direction": 90.523, "architecture_energy": 75.342, "architecture_maturity": 55.252, "architecture_confidence": 69.38, "architecture_tenure": "Established", "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": 4.2, "rotation_up": 72.76, "upward_expansion": 87.67, "deceleration": 63.94, "rotation_down": 21.22, "downward_expansion": 12.0 }, "activity_lines": [ 14.437467, 14.304982, 14.0314, 13.757209 ], "activity_state": "Wide", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.833333 }, "latest_close": 14.688, "trend_reference": 13.438, "distance_from_trend": 0.09302, "trend_direction": "Improving", "fair_value": 11.66234, "distance_from_fair_value": 0.259439, "fair_value_direction": "Improving", "relative_strength": -3.090315, "relative_strength_direction": "Improving", "price_momentum": 0.13246, "excess_performance": -0.038432, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.09302, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.038924, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.259439, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.068743, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.030903, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.016325, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.13246, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 1.852272, "read": "Demand-led" } ], "volume": { "latest": 2872, "relative_activity": 0.253634, "balance": 1.852272, "dry_up": 0.712065, "accumulation_observations": 1, "distribution_observations": 1 }, "risk": { "range_context": 0.014528, "annualized_volatility": 0.092465, "from_high_reference": -0.004068, "from_low_reference": 0.239494 }, "levels": { "trend_reference": 13.438, "fair_value_reference": 11.66234, "structural_low": 12.388, "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 31, "median_return": 0.016904, "positive_rate": 0.709677, "directional_follow_through": 0.709677, "median_excess_return": -0.00655, "regime_survival": 0.83871, "best_return": 0.066926, "worst_return": -0.076711, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 10, "median_return": 0.052985, "positive_rate": 0.8, "directional_follow_through": 0.8, "median_excess_return": -0.012101, "regime_survival": 0.9, "best_return": 0.103159, "worst_return": -0.078057, "sufficient": true }, { "horizon": "Extended", "sample_count": 5, "median_return": 0.083846, "positive_rate": 0.8, "directional_follow_through": 0.8, "median_excess_return": 0.022704, "regime_survival": 0.8, "best_return": 0.160004, "worst_return": -0.077409, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 2, "median_return": 0.111526, "positive_rate": 1.0, "directional_follow_through": 1.0, "median_excess_return": -0.07502, "regime_survival": 0.5, "best_return": 0.21882, "worst_return": 0.004231, "sufficient": false } ], "ledger": [ { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2023-12-08", "end": "2024-04-26", "tenure": "Established", "return": 0.083843, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-05-03", "end": "2024-05-17", "tenure": "New", "return": 0.026385, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-05-24", "end": "2024-08-09", "tenure": "Developing", "return": 0.006447, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-08-16", "end": "2024-08-30", "tenure": "New", "return": 0.009015, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-09-06", "end": "2025-01-03", "tenure": "Established", "return": 0.129946, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-01-10", "end": "2025-01-24", "tenure": "New", "return": 0.011583, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-01-31", "end": "2025-02-28", "tenure": "Developing", "return": -0.018309, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-03-07", "end": "2025-04-04", "tenure": "Developing", "return": -0.05931, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-04-11", "end": "2025-06-13", "tenure": "Developing", "return": 0.09934, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-06-20", "end": "2025-07-25", "tenure": "Developing", "return": 0.04354, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-08-01", "end": "2025-08-29", "tenure": "Developing", "return": 0.029357, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-09-05", "end": "2026-03-27", "tenure": "Extended", "return": 0.031276, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-04-03", "end": "2026-04-24", "tenure": "New", "return": 0.052732, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-05-01", "end": "2026-08-07", "tenure": "Established", "return": 0.106357, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 9.239, "volume": 28438, "typical_volume": 11770.5, "trend": 8.9702, "fair_value": 8.879276, "relative_strength": -5.547922, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.799211, "energy": 81.035104, "activity_lines": [ 9.4268, 9.387273, 9.223757, 9.094961 ] }, { "date": "2023-08-25", "close": 9.325, "volume": 2400, "typical_volume": 11881.35, "trend": 8.991833, "fair_value": 8.883778, "relative_strength": -5.657229, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.955084, "energy": 56.741899, "activity_lines": [ 9.389933, 9.383509, 9.250981, 9.117852 ] }, { "date": "2023-09-01", "close": 9.556, "volume": 42, "typical_volume": 11878.45, "trend": 9.017033, "fair_value": 8.8905, "relative_strength": -4.390064, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 80.898262, "energy": 60.644549, "activity_lines": [ 9.4276, 9.420618, 9.296514, 9.154249 ] }, { "date": "2023-09-08", "close": 9.595, "volume": 11028, "typical_volume": 12429.85, "trend": 9.0369, "fair_value": 8.897475, "relative_strength": -2.150819, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 81.290356, "energy": 63.742006, "activity_lines": [ 9.4794, 9.457, 9.340971, 9.191538 ] }, { "date": "2023-09-15", "close": 9.595, "volume": 0, "typical_volume": 12287.25, "trend": 9.057033, "fair_value": 8.904314, "relative_strength": -3.927625, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 78.012015, "energy": 73.033818, "activity_lines": [ 9.527467, 9.488182, 9.380452, 9.227544 ] }, { "date": "2023-09-22", "close": 9.276, "volume": 17270, "typical_volume": 13142.2, "trend": 9.070067, "fair_value": 8.907922, "relative_strength": -5.579288, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.08747, "energy": 53.98412, "activity_lines": [ 9.465467, 9.456709, 9.384576, 9.241671 ] }, { "date": "2023-09-29", "close": 9.276, "volume": 0, "typical_volume": 13142.2, "trend": 9.081367, "fair_value": 8.911462, "relative_strength": -3.927507, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 46.563685, "energy": 38.990045, "activity_lines": [ 9.401, 9.424618, 9.385243, 9.254957 ] }, { "date": "2023-10-06", "close": 9.192, "volume": 2189, "typical_volume": 13197.65, "trend": 9.089867, "fair_value": 8.914133, "relative_strength": -2.827674, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 16.527061, "energy": 22.441009, "activity_lines": [ 9.3118, 9.377473, 9.374452, 9.262095 ] }, { "date": "2023-10-13", "close": 9.387, "volume": 4321, "typical_volume": 8827.75, "trend": 9.104867, "fair_value": 8.918594, "relative_strength": -1.817057, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 16.501832, "energy": 26.357526, "activity_lines": [ 9.311867, 9.372709, 9.381295, 9.281265 ] }, { "date": "2023-10-20", "close": 9.289, "volume": 1801, "typical_volume": 8865.4, "trend": 9.127467, "fair_value": 8.922056, "relative_strength": 0.665652, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 10.127202, "energy": 20.554561, "activity_lines": [ 9.293133, 9.352891, 9.376319, 9.293144 ] }, { "date": "2023-10-27", "close": 8.957, "volume": 227, "typical_volume": 7942.0, "trend": 9.141033, "fair_value": 8.92238, "relative_strength": -2.266788, "stage": 2, "regime": "rotation_down", "modifier": "Structural failure", "gate": "up", "direction": -27.959811, "energy": 36.933425, "activity_lines": [ 9.184133, 9.277255, 9.338233, 9.282146 ] }, { "date": "2023-11-03", "close": 9.095, "volume": 43, "typical_volume": 7919.6, "trend": 9.1592, "fair_value": 8.923963, "relative_strength": -5.211345, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -30.009127, "energy": 47.140418, "activity_lines": [ 9.1424, 9.231836, 9.3144, 9.279176 ] }, { "date": "2023-11-10", "close": 9.294, "volume": 1174, "typical_volume": 7701.05, "trend": 9.184, "fair_value": 8.927327, "relative_strength": -2.306963, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -19.787096, "energy": 30.51339, "activity_lines": [ 9.179067, 9.226782, 9.310319, 9.287873 ] }, { "date": "2023-11-17", "close": 9.325, "volume": 646, "typical_volume": 7127.85, "trend": 9.209833, "fair_value": 8.93091, "relative_strength": -5.00665, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "up", "direction": 5.096317, "energy": 20.580824, "activity_lines": [ 9.219267, 9.232127, 9.30839, 9.29697 ] }, { "date": "2023-11-24", "close": 9.382, "volume": 50, "typical_volume": 7017.25, "trend": 9.237567, "fair_value": 8.934938, "relative_strength": -3.915764, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "up", "direction": 33.896122, "energy": 19.537159, "activity_lines": [ 9.2826, 9.252745, 9.311814, 9.308077 ] }, { "date": "2023-12-01", "close": 9.575, "volume": 674, "typical_volume": 7046.4, "trend": 9.271733, "fair_value": 8.940602, "relative_strength": -3.271606, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "up", "direction": 63.631275, "energy": 46.413446, "activity_lines": [ 9.404067, 9.312327, 9.333414, 9.329847 ] }, { "date": "2023-12-08", "close": 9.649, "volume": 118075, "typical_volume": 12368.05, "trend": 9.308367, "fair_value": 8.946816, "relative_strength": -3.713791, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 79.48208, "energy": 69.92729, "activity_lines": [ 9.509, 9.379927, 9.360476, 9.354187 ] }, { "date": "2023-12-15", "close": 9.898, "volume": 43075, "typical_volume": 14201.0, "trend": 9.338467, "fair_value": 8.955087, "relative_strength": -0.895992, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 91.009861, "energy": 89.195728, "activity_lines": [ 9.66, 9.486018, 9.409533, 9.392228 ] }, { "date": "2023-12-22", "close": 9.81, "volume": 1120, "typical_volume": 11628.65, "trend": 9.369967, "fair_value": 8.962457, "relative_strength": -1.475857, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 80.151744, "energy": 91.917645, "activity_lines": [ 9.7414, 9.563273, 9.448662, 9.422649 ] }, { "date": "2023-12-29", "close": 9.781, "volume": 50, "typical_volume": 11631.15, "trend": 9.3968, "fair_value": 8.969453, "relative_strength": -1.509519, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 69.119389, "energy": 87.799182, "activity_lines": [ 9.7808, 9.627564, 9.483738, 9.449168 ] }, { "date": "2024-01-05", "close": 9.821, "volume": 408, "typical_volume": 10229.65, "trend": 9.417833, "fair_value": 8.976669, "relative_strength": -1.266042, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 71.291045, "energy": 87.855683, "activity_lines": [ 9.806933, 9.690182, 9.521471, 9.476535 ] }, { "date": "2024-01-12", "close": 9.898, "volume": 300, "typical_volume": 10124.65, "trend": 9.439, "fair_value": 8.984412, "relative_strength": -0.519097, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 78.147494, "energy": 88.76903, "activity_lines": [ 9.842333, 9.751091, 9.563767, 9.507514 ] }, { "date": "2024-01-19", "close": 9.958, "volume": 500, "typical_volume": 10147.55, "trend": 9.466733, "fair_value": 8.992525, "relative_strength": 0.738618, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 82.02146, "energy": 84.843779, "activity_lines": [ 9.881133, 9.808309, 9.609048, 9.540998 ] }, { "date": "2024-01-26", "close": 10.202, "volume": 15013, "typical_volume": 10346.8, "trend": 9.4965, "fair_value": 9.002521, "relative_strength": 2.838002, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 94.961654, "energy": 96.285422, "activity_lines": [ 9.997267, 9.897818, 9.675652, 9.588434 ] }, { "date": "2024-02-02", "close": 10.244, "volume": 2364, "typical_volume": 10465.0, "trend": 9.526667, "fair_value": 9.012697, "relative_strength": 2.079909, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 91.68328, "energy": 96.590928, "activity_lines": [ 10.101267, 9.979018, 9.743367, 9.63666 ] }, { "date": "2024-02-09", "close": 10.348, "volume": 29720, "typical_volume": 11087.5, "trend": 9.563533, "fair_value": 9.023553, "relative_strength": 1.653963, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 92.571419, "energy": 97.262632, "activity_lines": [ 10.209067, 10.063455, 9.817895, 9.689649 ] }, { "date": "2024-02-16", "close": 10.47, "volume": 10893, "typical_volume": 11632.15, "trend": 9.602933, "fair_value": 9.035218, "relative_strength": 0.950027, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 92.657172, "energy": 97.348189, "activity_lines": [ 10.3224, 10.156018, 9.898938, 9.748131 ] }, { "date": "2024-02-23", "close": 10.332, "volume": 54895, "typical_volume": 14267.45, "trend": 9.628233, "fair_value": 9.045592, "relative_strength": -3.256827, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.564604, "energy": 88.634634, "activity_lines": [ 10.3516, 10.208564, 9.961152, 9.795168 ] }, { "date": "2024-03-01", "close": 10.592, "volume": 1446, "typical_volume": 14123.7, "trend": 9.663333, "fair_value": 9.057865, "relative_strength": -1.526464, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 90.188026, "energy": 94.182202, "activity_lines": [ 10.442533, 10.300491, 10.0427, 9.857346 ] }, { "date": "2024-03-08", "close": 10.54, "volume": 1273, "typical_volume": 14097.3, "trend": 9.6967, "fair_value": 9.069535, "relative_strength": -3.32006, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 77.51234, "energy": 71.839613, "activity_lines": [ 10.490133, 10.368745, 10.113557, 9.913905 ] }, { "date": "2024-03-15", "close": 10.56, "volume": 1719, "typical_volume": 14171.9, "trend": 9.740733, "fair_value": 9.08118, "relative_strength": -4.444477, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 75.419078, "energy": 71.019652, "activity_lines": [ 10.524667, 10.426836, 10.180362, 9.969602 ] }, { "date": "2024-03-22", "close": 10.854, "volume": 5088, "typical_volume": 14424.15, "trend": 9.7917, "fair_value": 9.094922, "relative_strength": -2.844585, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 93.927051, "energy": 77.793091, "activity_lines": [ 10.643067, 10.524945, 10.267533, 10.041426 ] }, { "date": "2024-03-29", "close": 10.79, "volume": 20000, "typical_volume": 15365.45, "trend": 9.832833, "fair_value": 9.107962, "relative_strength": -4.518601, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 81.064196, "energy": 75.134951, "activity_lines": [ 10.714533, 10.594036, 10.340233, 10.105832 ] }, { "date": "2024-04-05", "close": 10.786, "volume": 2127, "typical_volume": 15439.5, "trend": 9.872533, "fair_value": 9.120771, "relative_strength": -2.497166, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 75.280239, "energy": 70.917846, "activity_lines": [ 10.754133, 10.647273, 10.405429, 10.167327 ] }, { "date": "2024-04-12", "close": 10.694, "volume": 1000, "typical_volume": 15487.0, "trend": 9.909167, "fair_value": 9.132689, "relative_strength": -2.678987, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.331404, "energy": 68.273461, "activity_lines": [ 10.750133, 10.673164, 10.454905, 10.220325 ] }, { "date": "2024-04-19", "close": 10.448, "volume": 77007, "typical_volume": 19303.65, "trend": 9.948233, "fair_value": 9.142579, "relative_strength": -5.359736, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.582332, "energy": 62.383397, "activity_lines": [ 10.653867, 10.646145, 10.474705, 10.255088 ] }, { "date": "2024-04-26", "close": 10.458, "volume": 35, "typical_volume": 13401.65, "trend": 9.987633, "fair_value": 9.152396, "relative_strength": -6.118534, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 49.620827, "energy": 48.239512, "activity_lines": [ 10.5684, 10.619127, 10.4913, 10.287976 ] }, { "date": "2024-05-03", "close": 10.612, "volume": 696, "typical_volume": 11282.7, "trend": 10.034967, "fair_value": 9.163207, "relative_strength": -2.993749, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 43.35657, "energy": 34.611008, "activity_lines": [ 10.560667, 10.620327, 10.51871, 10.328258 ] }, { "date": "2024-05-10", "close": 10.778, "volume": 331, "typical_volume": 11243.25, "trend": 10.081333, "fair_value": 9.175081, "relative_strength": -4.389363, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 61.859844, "energy": 41.613645, "activity_lines": [ 10.620133, 10.646618, 10.558529, 10.376196 ] }, { "date": "2024-05-17", "close": 10.892, "volume": 1, "typical_volume": 11240.8, "trend": 10.134767, "fair_value": 9.187613, "relative_strength": -5.29609, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 81.056311, "energy": 61.483737, "activity_lines": [ 10.718133, 10.690255, 10.604595, 10.428497 ] }, { "date": "2024-05-24", "close": 10.858, "volume": 64998, "typical_volume": 14470.3, "trend": 10.198133, "fair_value": 9.199717, "relative_strength": -3.008443, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 73.419431, "energy": 65.370123, "activity_lines": [ 10.7916, 10.721309, 10.642133, 10.475157 ] }, { "date": "2024-05-31", "close": 10.802, "volume": 1912, "typical_volume": 14550.9, "trend": 10.255033, "fair_value": 9.211245, "relative_strength": -3.405965, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.781992, "energy": 70.349112, "activity_lines": [ 10.819067, 10.736764, 10.6694, 10.514116 ] }, { "date": "2024-06-07", "close": 11.032, "volume": 3052, "typical_volume": 14678.5, "trend": 10.312967, "fair_value": 9.22425, "relative_strength": -1.710538, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 83.271996, "energy": 86.079276, "activity_lines": [ 10.900267, 10.794982, 10.714267, 10.564243 ] }, { "date": "2024-06-14", "close": 11.274, "volume": 166, "typical_volume": 13936.15, "trend": 10.377933, "fair_value": 9.238787, "relative_strength": 6.50003, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 92.230506, "energy": 92.958943, "activity_lines": [ 11.034133, 10.8928, 10.777067, 10.626245 ] }, { "date": "2024-06-21", "close": 11.418, "volume": 3212, "typical_volume": 13978.55, "trend": 10.4458, "fair_value": 9.254134, "relative_strength": 5.728524, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 93.707144, "energy": 96.928488, "activity_lines": [ 11.182933, 11.007927, 10.848476, 10.693346 ] }, { "date": "2024-06-28", "close": 11.346, "volume": 5116, "typical_volume": 12748.35, "trend": 10.504833, "fair_value": 9.268762, "relative_strength": 5.474938, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 79.596505, "energy": 92.448359, "activity_lines": [ 11.272667, 11.0968, 10.907438, 10.751424 ] }, { "date": "2024-07-05", "close": 11.262, "volume": 3570, "typical_volume": 12382.2, "trend": 10.5586, "fair_value": 9.282604, "relative_strength": 2.154425, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 67.117119, "energy": 87.949798, "activity_lines": [ 11.301867, 11.154073, 10.953648, 10.800273 ] }, { "date": "2024-07-12", "close": 11.348, "volume": 4306, "typical_volume": 9852.75, "trend": 10.606933, "fair_value": 9.296848, "relative_strength": 1.13507, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 71.195312, "energy": 86.503122, "activity_lines": [ 11.329067, 11.212364, 11.004276, 10.851202 ] }, { "date": "2024-07-19", "close": 11.472, "volume": 15491, "typical_volume": 10555.0, "trend": 10.662333, "fair_value": 9.311747, "relative_strength": 3.248849, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 82.847593, "energy": 75.506017, "activity_lines": [ 11.376533, 11.279818, 11.061876, 10.907013 ] }, { "date": "2024-07-26", "close": 11.312, "volume": 568, "typical_volume": 10519.75, "trend": 10.713367, "fair_value": 9.325354, "relative_strength": 2.964028, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.590225, "energy": 64.681185, "activity_lines": [ 11.357467, 11.305564, 11.100048, 10.948927 ] }, { "date": "2024-08-02", "close": 10.964, "volume": 685, "typical_volume": 10468.05, "trend": 10.751467, "fair_value": 9.336426, "relative_strength": 5.330463, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 48.654662, "energy": 44.945128, "activity_lines": [ 11.229467, 11.2604, 11.1014, 10.965097 ] }, { "date": "2024-08-09", "close": 10.928, "volume": 383513, "typical_volume": 29389.3, "trend": 10.7858, "fair_value": 9.347107, "relative_strength": 5.726979, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 30.503591, "energy": 21.659897, "activity_lines": [ 11.114933, 11.206764, 11.0974, 10.976486 ] }, { "date": "2024-08-16", "close": 11.314, "volume": 865, "typical_volume": 28432.55, "trend": 10.831, "fair_value": 9.36022, "relative_strength": 5.230617, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 45.321557, "energy": 28.754092, "activity_lines": [ 11.151333, 11.221018, 11.12981, 11.010563 ] }, { "date": "2024-08-23", "close": 11.338, "volume": 100, "typical_volume": 28331.2, "trend": 10.868867, "fair_value": 9.373318, "relative_strength": 3.506429, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 47.11019, "energy": 27.357973, "activity_lines": [ 11.198, 11.234509, 11.16201, 11.043273 ] }, { "date": "2024-08-30", "close": 11.416, "volume": 3655, "typical_volume": 28463.95, "trend": 10.907933, "fair_value": 9.386757, "relative_strength": 2.034946, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 65.988077, "energy": 40.937728, "activity_lines": [ 11.2796, 11.261018, 11.19901, 11.078572 ] }, { "date": "2024-09-06", "close": 11.02, "volume": 1945, "typical_volume": 24710.85, "trend": 10.930333, "fair_value": 9.397431, "relative_strength": 1.749855, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 39.930215, "energy": 29.830986, "activity_lines": [ 11.222267, 11.215564, 11.194857, 11.085802 ] }, { "date": "2024-09-13", "close": 11.424, "volume": 1550, "typical_volume": 24786.6, "trend": 10.962133, "fair_value": 9.410591, "relative_strength": 4.558605, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 64.047657, "energy": 40.758016, "activity_lines": [ 11.295867, 11.249491, 11.226457, 11.117652 ] }, { "date": "2024-09-20", "close": 11.466, "volume": 288, "typical_volume": 24766.2, "trend": 10.999933, "fair_value": 9.423852, "relative_strength": 4.247581, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.652309, "energy": 43.182666, "activity_lines": [ 11.3504, 11.288109, 11.257457, 11.150159 ] }, { "date": "2024-09-27", "close": 11.604, "volume": 5069, "typical_volume": 25003.1, "trend": 11.033667, "fair_value": 9.437827, "relative_strength": 2.535961, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 72.291307, "energy": 51.239545, "activity_lines": [ 11.4408, 11.349673, 11.297533, 11.189131 ] }, { "date": "2024-10-04", "close": 11.66, "volume": 32219, "typical_volume": 26614.0, "trend": 11.071, "fair_value": 9.460006, "relative_strength": 6.4016, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 72.684333, "energy": 71.987605, "activity_lines": [ 11.532133, 11.419018, 11.33901, 11.22954 ] }, { "date": "2024-10-11", "close": 11.882, "volume": 4473, "typical_volume": 23587.75, "trend": 11.115067, "fair_value": 9.483609, "relative_strength": 6.083982, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 80.720864, "energy": 82.060129, "activity_lines": [ 11.6812, 11.5224, 11.397971, 11.281862 ] }, { "date": "2024-10-18", "close": 12.122, "volume": 4128, "typical_volume": 23698.55, "trend": 11.157333, "fair_value": 9.50875, "relative_strength": 5.442441, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 88.417118, "energy": 90.257765, "activity_lines": [ 11.8528, 11.652727, 11.474914, 11.346826 ] }, { "date": "2024-10-25", "close": 12.01, "volume": 106393, "typical_volume": 28865.6, "trend": 11.198, "fair_value": 9.533173, "relative_strength": 5.647546, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 74.949952, "energy": 87.521627, "activity_lines": [ 11.940533, 11.740982, 11.534905, 11.401837 ] }, { "date": "2024-11-01", "close": 11.834, "volume": 2736, "typical_volume": 28994.1, "trend": 11.232933, "fair_value": 9.556468, "relative_strength": 4.251749, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 67.073411, "energy": 83.807835, "activity_lines": [ 11.933333, 11.784582, 11.573476, 11.442869 ] }, { "date": "2024-11-08", "close": 12.34, "volume": 158166, "typical_volume": 36741.8, "trend": 11.2878, "fair_value": 9.579833, "relative_strength": 11.216934, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 86.875651, "energy": 88.380718, "activity_lines": [ 12.079467, 11.911164, 11.657571, 11.514292 ] }, { "date": "2024-11-15", "close": 12.282, "volume": 11158, "typical_volume": 37043.9, "trend": 11.348933, "fair_value": 9.601744, "relative_strength": 9.204394, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 77.825535, "energy": 81.718681, "activity_lines": [ 12.160933, 12.0104, 11.731752, 11.578434 ] }, { "date": "2024-11-22", "close": 12.654, "volume": 10949, "typical_volume": 37412.85, "trend": 11.422133, "fair_value": 9.627019, "relative_strength": 14.458332, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 88.642051, "energy": 84.238101, "activity_lines": [ 12.339733, 12.154327, 11.836905, 11.662632 ] }, { "date": "2024-11-29", "close": 12.626, "volume": 2185, "typical_volume": 37306.8, "trend": 11.489267, "fair_value": 9.651647, "relative_strength": 14.093467, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 80.214531, "energy": 88.092785, "activity_lines": [ 12.473733, 12.2708, 11.932762, 11.740301 ] }, { "date": "2024-12-06", "close": 12.588, "volume": 129159, "typical_volume": 42990.2, "trend": 11.5496, "fair_value": 9.67566, "relative_strength": 9.095774, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 71.105864, "energy": 86.867019, "activity_lines": [ 12.554, 12.359273, 12.018914, 11.811187 ] }, { "date": "2024-12-13", "close": 12.512, "volume": 1407, "typical_volume": 43032.15, "trend": 11.6036, "fair_value": 9.699186, "relative_strength": 7.800602, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.99072, "energy": 84.925235, "activity_lines": [ 12.558667, 12.416036, 12.092514, 11.873277 ] }, { "date": "2024-12-20", "close": 12.332, "volume": 413901, "typical_volume": 63692.95, "trend": 11.652733, "fair_value": 9.722673, "relative_strength": 9.517411, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.95632, "energy": 63.497444, "activity_lines": [ 12.491867, 12.424582, 12.143257, 11.920271 ] }, { "date": "2024-12-27", "close": 12.35, "volume": 43, "typical_volume": 44519.45, "trend": 11.704333, "fair_value": 9.743429, "relative_strength": 8.164125, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 51.932052, "energy": 50.841554, "activity_lines": [ 12.427733, 12.428218, 12.1892, 11.965256 ] }, { "date": "2025-01-03", "close": 12.452, "volume": 5122, "typical_volume": 44732.3, "trend": 11.751667, "fair_value": 9.765481, "relative_strength": 8.898272, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 50.155701, "energy": 45.383893, "activity_lines": [ 12.417867, 12.446255, 12.238086, 12.013492 ] }, { "date": "2025-01-10", "close": 12.432, "volume": 2067, "typical_volume": 44830.65, "trend": 11.790267, "fair_value": 9.787654, "relative_strength": 5.564216, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 46.493702, "energy": 40.360718, "activity_lines": [ 12.412933, 12.452618, 12.279648, 12.057385 ] }, { "date": "2025-01-17", "close": 12.512, "volume": 4381, "typical_volume": 44866.95, "trend": 11.826733, "fair_value": 9.811006, "relative_strength": 2.697553, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 52.472948, "energy": 43.331725, "activity_lines": [ 12.445067, 12.462655, 12.323619, 12.103948 ] }, { "date": "2025-01-24", "close": 12.576, "volume": 143157, "typical_volume": 51927.55, "trend": 11.867733, "fair_value": 9.836244, "relative_strength": 3.345454, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 67.211282, "energy": 51.552802, "activity_lines": [ 12.498533, 12.4812, 12.368467, 12.152288 ] }, { "date": "2025-01-31", "close": 12.562, "volume": 10779, "typical_volume": 52389.0, "trend": 11.911067, "fair_value": 9.861449, "relative_strength": 2.399259, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.239635, "energy": 49.624405, "activity_lines": [ 12.531067, 12.491855, 12.404571, 12.19708 ] }, { "date": "2025-02-07", "close": 12.522, "volume": 3771, "typical_volume": 52563.15, "trend": 11.9502, "fair_value": 9.885776, "relative_strength": 0.43131, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 60.803943, "energy": 50.973629, "activity_lines": [ 12.536133, 12.496909, 12.431448, 12.236495 ] }, { "date": "2025-02-14", "close": 12.488, "volume": 737, "typical_volume": 52346.55, "trend": 11.984067, "fair_value": 9.91, "relative_strength": -2.26665, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 58.398213, "energy": 48.048011, "activity_lines": [ 12.5252, 12.497673, 12.450057, 12.271191 ] }, { "date": "2025-02-21", "close": 12.628, "volume": 89133, "typical_volume": 55192.25, "trend": 12.027933, "fair_value": 9.937468, "relative_strength": -2.381476, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 70.845939, "energy": 54.491831, "activity_lines": [ 12.5572, 12.525709, 12.47779, 12.312735 ] }, { "date": "2025-02-28", "close": 12.332, "volume": 507778, "typical_volume": 80357.5, "trend": 12.073533, "fair_value": 9.959962, "relative_strength": -5.232744, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 40.678302, "energy": 29.063665, "activity_lines": [ 12.4828, 12.497818, 12.472724, 12.332353 ] }, { "date": "2025-03-07", "close": 11.6, "volume": 214955, "typical_volume": 90898.85, "trend": 12.095933, "fair_value": 9.978301, "relative_strength": -10.638349, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "up", "direction": -24.107768, "energy": 30.535023, "activity_lines": [ 12.180667, 12.336836, 12.3958, 12.301802 ] }, { "date": "2025-03-14", "close": 11.32, "volume": 9654, "typical_volume": 86061.9, "trend": 12.096133, "fair_value": 9.993878, "relative_strength": -12.844083, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "mixed", "direction": -53.257727, "energy": 65.588926, "activity_lines": [ 11.849333, 12.138582, 12.294695, 12.251742 ] }, { "date": "2025-03-21", "close": 11.484, "volume": 20392, "typical_volume": 86944.7, "trend": 12.101, "fair_value": 10.009083, "relative_strength": -12.334766, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -43.92059, "energy": 76.935126, "activity_lines": [ 11.6528, 11.990727, 12.212495, 12.212249 ] }, { "date": "2025-03-28", "close": 11.386, "volume": 8518, "typical_volume": 79462.3, "trend": 12.1, "fair_value": 10.024019, "relative_strength": -12.333166, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -49.030675, "energy": 81.746918, "activity_lines": [ 11.490533, 11.842291, 12.122629, 12.16612 ] }, { "date": "2025-04-04", "close": 10.912, "volume": 1081584, "typical_volume": 132983.6, "trend": 12.0964, "fair_value": 10.035981, "relative_strength": -6.053397, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -90.873573, "energy": 96.186379, "activity_lines": [ 11.253067, 11.628145, 11.992162, 12.089475 ] }, { "date": "2025-04-11", "close": 10.308, "volume": 12819, "typical_volume": 133077.1, "trend": 12.0592, "fair_value": 10.043936, "relative_strength": -9.562325, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -94.868004, "energy": 96.84484, "activity_lines": [ 10.908933, 11.334436, 11.810695, 11.974095 ] }, { "date": "2025-04-18", "close": 10.314, "volume": 16089, "typical_volume": 133772.3, "trend": 12.0208, "fair_value": 10.051981, "relative_strength": -14.314008, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -88.035799, "energy": 94.558057, "activity_lines": [ 10.652933, 11.0828, 11.640971, 11.861501 ] }, { "date": "2025-04-25", "close": 10.536, "volume": 1929, "typical_volume": 127410.8, "trend": 11.9852, "fair_value": 10.061506, "relative_strength": -15.562994, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -69.765456, "energy": 85.703802, "activity_lines": [ 10.538, 10.911673, 11.5034, 11.765708 ] }, { "date": "2025-05-02", "close": 10.966, "volume": 7137, "typical_volume": 127697.3, "trend": 11.962067, "fair_value": 10.074712, "relative_strength": -14.218556, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.85094, "energy": 67.356321, "activity_lines": [ 10.6296, 10.854218, 11.416552, 11.699953 ] }, { "date": "2025-05-09", "close": 11.064, "volume": 327429, "typical_volume": 123373.7, "trend": 11.9348, "fair_value": 10.088647, "relative_strength": -15.596784, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.407091, "energy": 60.952645, "activity_lines": [ 10.781867, 10.8448, 11.3464, 11.642013 ] }, { "date": "2025-05-16", "close": 11.6, "volume": 23470, "typical_volume": 124545.05, "trend": 11.9174, "fair_value": 10.108449, "relative_strength": -14.196084, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -45.056562, "energy": 33.173458, "activity_lines": [ 11.102667, 10.955891, 11.333333, 11.620413 ] }, { "date": "2025-05-23", "close": 11.19, "volume": 2593, "typical_volume": 124418.6, "trend": 11.890067, "fair_value": 10.123147, "relative_strength": -14.597717, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -37.403113, "energy": 29.922725, "activity_lines": [ 11.200667, 10.992436, 11.28479, 11.573484 ] }, { "date": "2025-05-30", "close": 11.332, "volume": 6231, "typical_volume": 124626.8, "trend": 11.873333, "fair_value": 10.139019, "relative_strength": -14.683629, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -32.177345, "energy": 29.804501, "activity_lines": [ 11.2876, 11.057164, 11.255781, 11.53748 ] }, { "date": "2025-06-06", "close": 11.432, "volume": 10364, "typical_volume": 124925.95, "trend": 11.843067, "fair_value": 10.155532, "relative_strength": -14.84092, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -27.077496, "energy": 29.052754, "activity_lines": [ 11.3548, 11.142836, 11.241533, 11.509006 ] }, { "date": "2025-06-13", "close": 11.332, "volume": 14417, "typical_volume": 118488.95, "trend": 11.8114, "fair_value": 10.176013, "relative_strength": -12.803389, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -27.710143, "energy": 21.157646, "activity_lines": [ 11.3576, 11.209491, 11.222905, 11.476034 ] }, { "date": "2025-06-20", "close": 11.254, "volume": 4388, "typical_volume": 118169.4, "trend": 11.764733, "fair_value": 10.193795, "relative_strength": -12.659387, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -18.169375, "energy": 15.523931, "activity_lines": [ 11.316533, 11.254327, 11.202771, 11.440073 ] }, { "date": "2025-06-27", "close": 11.394, "volume": 20755, "typical_volume": 119018.6, "trend": 11.723667, "fair_value": 10.21284, "relative_strength": -12.425164, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -15.763552, "energy": 13.684705, "activity_lines": [ 11.3452, 11.307418, 11.2022, 11.416155 ] }, { "date": "2025-07-04", "close": 11.554, "volume": 19823, "typical_volume": 119972.9, "trend": 11.6892, "fair_value": 10.230218, "relative_strength": -10.717985, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -0.251448, "energy": 9.239492, "activity_lines": [ 11.4136, 11.369964, 11.222238, 11.405209 ] }, { "date": "2025-07-11", "close": 11.598, "volume": 10073, "typical_volume": 116019.9, "trend": 11.658733, "fair_value": 10.247763, "relative_strength": -11.194956, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 8.124138, "energy": 29.153211, "activity_lines": [ 11.481867, 11.422, 11.250914, 11.399325 ] }, { "date": "2025-07-18", "close": 11.702, "volume": 10751, "typical_volume": 91168.55, "trend": 11.637733, "fair_value": 10.265064, "relative_strength": -10.68157, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 16.539619, "energy": 48.159039, "activity_lines": [ 11.573733, 11.481455, 11.2944, 11.402116 ] }, { "date": "2025-07-25", "close": 11.744, "volume": 5947, "typical_volume": 80718.15, "trend": 11.617533, "fair_value": 10.281455, "relative_strength": -11.029052, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 35.311045, "energy": 61.37057, "activity_lines": [ 11.654933, 11.536945, 11.344886, 11.408972 ] }, { "date": "2025-08-01", "close": 11.718, "volume": 27527, "typical_volume": 81611.8, "trend": 11.593067, "fair_value": 10.297385, "relative_strength": -9.221581, "stage": 4, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 30.316518, "energy": 59.556216, "activity_lines": [ 11.6948, 11.585091, 11.39221, 11.415454 ] }, { "date": "2025-08-08", "close": 11.85, "volume": 12207, "typical_volume": 81202.55, "trend": 11.573667, "fair_value": 10.313122, "relative_strength": -11.59523, "stage": 4, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 48.6932, "energy": 65.144319, "activity_lines": [ 11.757067, 11.647636, 11.45021, 11.43203 ] }, { "date": "2025-08-15", "close": 11.95, "volume": 261, "typical_volume": 80789.7, "trend": 11.554933, "fair_value": 10.327724, "relative_strength": -12.67732, "stage": 4, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 54.18164, "energy": 75.699524, "activity_lines": [ 11.832933, 11.718945, 11.51599, 11.45631 ] }, { "date": "2025-08-22", "close": 12.038, "volume": 1100, "typical_volume": 26765.5, "trend": 11.537, "fair_value": 10.344353, "relative_strength": -13.059251, "stage": 4, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 57.38863, "energy": 82.356611, "activity_lines": [ 11.914667, 11.796836, 11.587467, 11.487475 ] }, { "date": "2025-08-29", "close": 12.062, "volume": 3584, "typical_volume": 26303.75, "trend": 11.520333, "fair_value": 10.363513, "relative_strength": -10.336526, "stage": 4, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 80.228178, "energy": 91.412559, "activity_lines": [ 11.982, 11.866255, 11.655867, 11.521346 ] }, { "date": "2025-09-05", "close": 12.022, "volume": 1655, "typical_volume": 25582.05, "trend": 11.503667, "fair_value": 10.381122, "relative_strength": -9.140297, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 70.193013, "energy": 87.892887, "activity_lines": [ 12.0148, 11.913709, 11.712105, 11.553712 ] }, { "date": "2025-09-12", "close": 12.164, "volume": 5231, "typical_volume": 25747.15, "trend": 11.492867, "fair_value": 10.399641, "relative_strength": -9.838692, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 82.300368, "energy": 92.071452, "activity_lines": [ 12.074667, 11.975564, 11.773733, 11.596314 ] }, { "date": "2025-09-19", "close": 12.184, "volume": 40635, "typical_volume": 27422.05, "trend": 11.478067, "fair_value": 10.42091, "relative_strength": -8.862675, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 78.273429, "energy": 86.218951, "activity_lines": [ 12.120267, 12.029964, 11.829514, 11.640903 ] }, { "date": "2025-09-26", "close": 12.25, "volume": 6923, "typical_volume": 11396.75, "trend": 11.475333, "fair_value": 10.442699, "relative_strength": -8.826372, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 80.331611, "energy": 82.424186, "activity_lines": [ 12.172267, 12.085709, 11.885781, 11.690705 ] }, { "date": "2025-10-03", "close": 12.42, "volume": 3237, "typical_volume": 10385.1, "trend": 11.502667, "fair_value": 10.465994, "relative_strength": -8.534081, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 88.947533, "energy": 88.621704, "activity_lines": [ 12.2668, 12.1624, 11.95259, 11.751652 ] }, { "date": "2025-10-10", "close": 12.282, "volume": 6613, "typical_volume": 10586.1, "trend": 11.534733, "fair_value": 10.489333, "relative_strength": -6.637304, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.636154, "energy": 66.782174, "activity_lines": [ 12.291467, 12.201709, 12.002352, 11.801931 ] }, { "date": "2025-10-17", "close": 12.226, "volume": 10099, "typical_volume": 10779.5, "trend": 11.559467, "fair_value": 10.511513, "relative_strength": -6.120072, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.500886, "energy": 64.713301, "activity_lines": [ 12.280133, 12.220582, 12.041581, 11.846529 ] }, { "date": "2025-10-24", "close": 12.476, "volume": 1640, "typical_volume": 10343.3, "trend": 11.5958, "fair_value": 10.533288, "relative_strength": -5.542955, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 80.712082, "energy": 69.908247, "activity_lines": [ 12.348, 12.278073, 12.100362, 11.90566 ] }, { "date": "2025-10-31", "close": 12.672, "volume": 4490, "typical_volume": 9846.95, "trend": 11.654467, "fair_value": 10.557468, "relative_strength": -5.30803, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 88.690584, "energy": 73.571964, "activity_lines": [ 12.461733, 12.361636, 12.172838, 11.975092 ] }, { "date": "2025-11-07", "close": 12.372, "volume": 17505, "typical_volume": 10502.8, "trend": 11.723267, "fair_value": 10.578699, "relative_strength": -6.551868, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.921007, "energy": 63.828535, "activity_lines": [ 12.447333, 12.379127, 12.210362, 12.021385 ] }, { "date": "2025-11-14", "close": 12.68, "volume": 33203, "typical_volume": 11125.2, "trend": 11.802133, "fair_value": 10.601962, "relative_strength": -6.154722, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 80.012283, "energy": 70.469316, "activity_lines": [ 12.5388, 12.446982, 12.271895, 12.08311 ] }, { "date": "2025-11-21", "close": 12.48, "volume": 3598, "typical_volume": 10313.95, "trend": 11.866933, "fair_value": 10.623006, "relative_strength": -4.237705, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.920027, "energy": 59.344574, "activity_lines": [ 12.537067, 12.466509, 12.308257, 12.126843 ] }, { "date": "2025-11-28", "close": 12.808, "volume": 6215, "typical_volume": 10121.05, "trend": 11.928333, "fair_value": 10.646372, "relative_strength": -2.791724, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 80.342117, "energy": 63.939686, "activity_lines": [ 12.627733, 12.539927, 12.371448, 12.187557 ] }, { "date": "2025-12-05", "close": 12.79, "volume": 15789, "typical_volume": 10372.95, "trend": 11.985867, "fair_value": 10.669622, "relative_strength": -2.680845, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 74.788305, "energy": 64.431022, "activity_lines": [ 12.690267, 12.598727, 12.427162, 12.243148 ] }, { "date": "2025-12-12", "close": 12.654, "volume": 10556, "typical_volume": 10603.4, "trend": 12.021, "fair_value": 10.695071, "relative_strength": -3.47887, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.035296, "energy": 56.723391, "activity_lines": [ 12.6996, 12.622982, 12.464743, 12.286254 ] }, { "date": "2025-12-19", "close": 12.674, "volume": 12688, "typical_volume": 9861.45, "trend": 12.070467, "fair_value": 10.720647, "relative_strength": -5.518424, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.613031, "energy": 54.676227, "activity_lines": [ 12.6968, 12.646618, 12.499895, 12.328383 ] }, { "date": "2025-12-26", "close": 12.694, "volume": 144, "typical_volume": 9258.3, "trend": 12.115867, "fair_value": 10.746353, "relative_strength": -4.577848, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 58.412813, "energy": 49.198069, "activity_lines": [ 12.701067, 12.666764, 12.5324, 12.368611 ] }, { "date": "2026-01-02", "close": 12.664, "volume": 1065, "typical_volume": 9298.5, "trend": 12.156933, "fair_value": 10.771846, "relative_strength": -5.892138, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 55.880148, "energy": 42.66241, "activity_lines": [ 12.681067, 12.672945, 12.558029, 12.403974 ] }, { "date": "2026-01-09", "close": 12.966, "volume": 2471, "typical_volume": 9367.05, "trend": 12.2114, "fair_value": 10.799276, "relative_strength": -3.934701, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 76.145028, "energy": 54.027617, "activity_lines": [ 12.771333, 12.730618, 12.609019, 12.456172 ] }, { "date": "2026-01-16", "close": 13.026, "volume": 7210, "typical_volume": 9548.35, "trend": 12.270467, "fair_value": 10.827423, "relative_strength": -3.27918, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 75.748743, "energy": 61.3466, "activity_lines": [ 12.869867, 12.793855, 12.661305, 12.508727 ] }, { "date": "2026-01-23", "close": 12.778, "volume": 6227, "typical_volume": 9776.95, "trend": 12.3166, "fair_value": 10.853718, "relative_strength": -2.675016, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 58.717164, "energy": 50.116949, "activity_lines": [ 12.860933, 12.800109, 12.685381, 12.541471 ] }, { "date": "2026-01-30", "close": 12.766, "volume": 3889, "typical_volume": 9709.85, "trend": 12.357, "fair_value": 10.879141, "relative_strength": -3.8465, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 58.050913, "energy": 48.37913, "activity_lines": [ 12.841067, 12.8024, 12.704714, 12.570465 ] }, { "date": "2026-02-06", "close": 12.97, "volume": 9506, "typical_volume": 8153.4, "trend": 12.402733, "fair_value": 10.904596, "relative_strength": -2.701024, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.665074, "energy": 51.399849, "activity_lines": [ 12.8844, 12.836582, 12.74061, 12.610013 ] }, { "date": "2026-02-13", "close": 12.886, "volume": 6684, "typical_volume": 8141.45, "trend": 12.4422, "fair_value": 10.929564, "relative_strength": -2.089378, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 58.188688, "energy": 41.476785, "activity_lines": [ 12.879333, 12.852545, 12.764762, 12.641191 ] }, { "date": "2026-02-20", "close": 12.994, "volume": 6445, "typical_volume": 8301.85, "trend": 12.483867, "fair_value": 10.955904, "relative_strength": -3.167049, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.870236, "energy": 48.90934, "activity_lines": [ 12.9156, 12.8864, 12.796171, 12.676791 ] }, { "date": "2026-02-27", "close": 12.964, "volume": 1051, "typical_volume": 8023.75, "trend": 12.5254, "fair_value": 10.981718, "relative_strength": -4.616581, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.895295, "energy": 56.501788, "activity_lines": [ 12.944, 12.908618, 12.82199, 12.707768 ] }, { "date": "2026-03-06", "close": 13.03, "volume": 10561, "typical_volume": 8046.85, "trend": 12.564733, "fair_value": 11.007955, "relative_strength": 2.546348, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.475653, "energy": 53.851053, "activity_lines": [ 12.982, 12.937564, 12.850848, 12.740323 ] }, { "date": "2026-03-13", "close": 12.894, "volume": 330547, "typical_volume": 24492.2, "trend": 12.5962, "fair_value": 11.033321, "relative_strength": 1.111034, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 59.569222, "energy": 43.96977, "activity_lines": [ 12.957067, 12.935673, 12.862924, 12.761566 ] }, { "date": "2026-03-20", "close": 12.54, "volume": 12634, "typical_volume": 24899.4, "trend": 12.612933, "fair_value": 11.058506, "relative_strength": 1.733064, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 13.74013, "energy": 9.805986, "activity_lines": [ 12.8192, 12.865236, 12.839295, 12.75794 ] }, { "date": "2026-03-27", "close": 12.398, "volume": 55465, "typical_volume": 26797.4, "trend": 12.624133, "fair_value": 11.083173, "relative_strength": -0.612507, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": -12.927507, "energy": 22.590785, "activity_lines": [ 12.657067, 12.776727, 12.802771, 12.744073 ] }, { "date": "2026-04-03", "close": 12.63, "volume": 22260, "typical_volume": 26250.25, "trend": 12.6444, "fair_value": 11.109327, "relative_strength": -3.490895, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -14.391396, "energy": 28.33133, "activity_lines": [ 12.612, 12.741818, 12.788219, 12.744452 ] }, { "date": "2026-04-10", "close": 12.884, "volume": 2806, "typical_volume": 26210.65, "trend": 12.6684, "fair_value": 11.137109, "relative_strength": -5.447907, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 14.762008, "energy": 24.485693, "activity_lines": [ 12.673867, 12.755782, 12.798095, 12.75991 ] }, { "date": "2026-04-17", "close": 13.232, "volume": 42402, "typical_volume": 28020.0, "trend": 12.703333, "fair_value": 11.167122, "relative_strength": -5.296596, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 54.546448, "energy": 22.744709, "activity_lines": [ 12.861467, 12.830873, 12.83919, 12.796271 ] }, { "date": "2026-04-24", "close": 13.296, "volume": 4387, "typical_volume": 27449.9, "trend": 12.7382, "fair_value": 11.197545, "relative_strength": -2.395993, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 75.264065, "energy": 63.198384, "activity_lines": [ 13.047867, 12.912836, 12.884362, 12.834508 ] }, { "date": "2026-05-01", "close": 13.276, "volume": 6591, "typical_volume": 27251.65, "trend": 12.766733, "fair_value": 11.22784, "relative_strength": -3.663734, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 71.820797, "energy": 76.790186, "activity_lines": [ 13.1772, 12.983709, 12.925219, 12.869204 ] }, { "date": "2026-05-08", "close": 13.406, "volume": 12160, "typical_volume": 27225.25, "trend": 12.8042, "fair_value": 11.258968, "relative_strength": -4.722842, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 77.682939, "energy": 84.953815, "activity_lines": [ 13.291333, 13.073091, 12.975495, 12.910447 ] }, { "date": "2026-05-15", "close": 13.634, "volume": 5034, "typical_volume": 27469.75, "trend": 12.851133, "fair_value": 11.288705, "relative_strength": -2.708477, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 86.690638, "energy": 91.392601, "activity_lines": [ 13.429733, 13.195891, 13.044, 12.963983 ] }, { "date": "2026-05-22", "close": 13.828, "volume": 17515, "typical_volume": 28292.25, "trend": 12.8962, "fair_value": 11.320519, "relative_strength": -2.083761, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 89.687895, "energy": 95.022166, "activity_lines": [ 13.5828, 13.342982, 13.126505, 13.027006 ] }, { "date": "2026-05-29", "close": 13.822, "volume": 2810, "typical_volume": 28309.2, "trend": 12.934533, "fair_value": 11.351583, "relative_strength": -3.112988, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 81.902184, "energy": 92.529777, "activity_lines": [ 13.694133, 13.472, 13.202895, 13.086735 ] }, { "date": "2026-06-05", "close": 13.92, "volume": 388, "typical_volume": 27968.1, "trend": 12.986133, "fair_value": 11.381904, "relative_strength": -2.127493, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 81.39933, "energy": 92.569826, "activity_lines": [ 13.803067, 13.595527, 13.284543, 13.150314 ] }, { "date": "2026-06-12", "close": 13.886, "volume": 8095, "typical_volume": 28061.5, "trend": 13.026333, "fair_value": 11.411538, "relative_strength": -5.294606, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 72.643657, "energy": 88.992757, "activity_lines": [ 13.857733, 13.6852, 13.358695, 13.20837 ] }, { "date": "2026-06-19", "close": 13.978, "volume": 4135, "typical_volume": 28073.8, "trend": 13.076267, "fair_value": 11.442641, "relative_strength": -6.965379, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 77.40318, "energy": 90.030139, "activity_lines": [ 13.911067, 13.768764, 13.436333, 13.269768 ] }, { "date": "2026-06-26", "close": 13.924, "volume": 477, "typical_volume": 27622.35, "trend": 13.113467, "fair_value": 11.472224, "relative_strength": -4.36366, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 69.423614, "energy": 85.387265, "activity_lines": [ 13.923467, 13.822618, 13.503057, 13.32446 ] }, { "date": "2026-07-03", "close": 14.204, "volume": 1526, "typical_volume": 27364.45, "trend": 13.1606, "fair_value": 11.50341, "relative_strength": -5.165125, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 88.691356, "energy": 89.050379, "activity_lines": [ 14.0228, 13.9148, 13.591905, 13.394817 ] }, { "date": "2026-07-10", "close": 14.324, "volume": 8165, "typical_volume": 27450.45, "trend": 13.216267, "fair_value": 11.535987, "relative_strength": -3.87958, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 90.253581, "energy": 94.275003, "activity_lines": [ 14.136667, 14.012291, 13.685905, 13.469875 ] }, { "date": "2026-07-17", "close": 14.33, "volume": 1601, "typical_volume": 27477.95, "trend": 13.271467, "fair_value": 11.568308, "relative_strength": -2.389264, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 84.211798, "energy": 93.598003, "activity_lines": [ 14.2256, 14.091818, 13.774143, 13.541729 ] }, { "date": "2026-07-24", "close": 14.39, "volume": 10974, "typical_volume": 27498.6, "trend": 13.328, "fair_value": 11.599186, "relative_strength": -1.758567, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 81.697884, "energy": 92.664069, "activity_lines": [ 14.304933, 14.165455, 13.86159, 13.613892 ] }, { "date": "2026-07-31", "close": 14.242, "volume": 16805, "typical_volume": 11811.5, "trend": 13.3806, "fair_value": 11.629333, "relative_strength": -3.326306, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.126965, "energy": 72.716393, "activity_lines": [ 14.307467, 14.198436, 13.928467, 13.67286 ] }, { "date": "2026-08-07", "close": 14.688, "volume": 2872, "typical_volume": 11323.4, "trend": 13.438, "fair_value": 11.66234, "relative_strength": -3.090315, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 90.522532, "energy": 75.342471, "activity_lines": [ 14.437467, 14.304982, 14.0314, 13.757209 ] } ], "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." } } }