{ "ticker": { "uuid": "d5253fd6-4064-4333-ac92-c9aa84411e42", "symbol": "PAEX", "name": "Invesco MSCI Emerging Markets ESG Climate Paris Aligned UCITS ETF USD Acc", "exchange": "LSE", "country": "GB", "assetType": "etf" }, "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.", "analysis": { "eligible": true, "as_of": "2026-08-07", "benchmark": "^FTSE", "stage": 2, "stage_name": "Advancing", "phase": "2a", "phase_label": "Stage 2A \u00b7 Early advance", "transition": "stage_2_healthy", "transition_label": "Stage 2 trend intact", "confidence": 95.771, "architecture_regime": "deceleration", "architecture_regime_label": "Deceleration", "architecture_modifier": "Recompressing", "architecture_gate": "up", "architecture_direction": 25.492, "architecture_energy": 25.244, "architecture_maturity": 65.522, "architecture_confidence": 78.618, "architecture_tenure": "New", "architecture": { "interpretation": { "headline": "The upward structure remains, but its energy is decelerating.", "body": "Trend remains positive, but Activity or price acceptance is losing strength. This can become a healthy recompression, a re-acceleration, or a Rotation Down." }, "scores": { "balance": 42.01, "rotation_up": 23.58, "upward_expansion": 57.24, "deceleration": 88.32, "rotation_down": 41.49, "downward_expansion": 23.24 }, "activity_lines": [ 4.51285, 4.581359, 4.563283, 4.462564 ], "activity_state": "Compressed", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.0 }, "latest_close": 4.5815, "trend_reference": 4.336375, "distance_from_trend": 0.056528, "trend_direction": "Improving", "fair_value": 4.173622, "distance_from_fair_value": 0.097728, "fair_value_direction": "Weakening", "relative_strength": -4.176451, "relative_strength_direction": "Weakening", "price_momentum": 0.11894, "excess_performance": 0.067705, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.056528, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.057167, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.097728, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.009671, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.041765, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.009147, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.11894, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 1.032975, "read": "Demand-led" } ], "volume": { "latest": 3103, "relative_activity": 0.184869, "balance": 1.032975, "dry_up": 0.65897, "accumulation_observations": 2, "distribution_observations": 2 }, "risk": { "range_context": 0.039565, "annualized_volatility": 0.226898, "from_high_reference": -0.133603, "from_low_reference": 0.213723 }, "levels": { "trend_reference": 4.336375, "fair_value_reference": 4.173622, "structural_low": 3.778, "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 4, "median_return": 0.032519, "positive_rate": 0.75, "directional_follow_through": 0.75, "median_excess_return": -0.000331, "regime_survival": 0.5, "best_return": 0.052278, "worst_return": -0.044233, "sufficient": false }, { "horizon": "Intermediate", "sample_count": 2, "median_return": 0.03117, "positive_rate": 1.0, "directional_follow_through": 1.0, "median_excess_return": -0.019269, "regime_survival": 0.0, "best_return": 0.039193, "worst_return": 0.023146, "sufficient": false }, { "horizon": "Extended", "sample_count": 2, "median_return": 0.098907, "positive_rate": 1.0, "directional_follow_through": 1.0, "median_excess_return": 0.053705, "regime_survival": 0.0, "best_return": 0.115931, "worst_return": 0.081883, "sufficient": false }, { "horizon": "Full cycle", "sample_count": 1, "median_return": 0.085058, "positive_rate": 1.0, "directional_follow_through": 1.0, "median_excess_return": 0.051212, "regime_survival": 0.0, "best_return": 0.085058, "worst_return": 0.085058, "sufficient": false } ], "ledger": [ { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-05-17", "end": "2024-11-08", "tenure": "Established", "return": 0.056597, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-11-15", "end": "2025-01-10", "tenure": "Developing", "return": -0.014401, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-01-17", "end": "2025-01-31", "tenure": "New", "return": 0.024326, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-02-07", "end": "2025-02-28", "tenure": "New", "return": -0.027002, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-03-07", "end": "2025-03-14", "tenure": "New", "return": -0.009266, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-03-21", "end": "2025-04-11", "tenure": "New", "return": -0.056395, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-04-18", "end": "2025-05-02", "tenure": "New", "return": 0.064671, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-05-09", "end": "2025-05-16", "tenure": "New", "return": 0.027199, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-05-23", "end": "2025-10-24", "tenure": "Established", "return": 0.164767, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-10-31", "end": "2025-11-28", "tenure": "Developing", "return": -0.026445, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-12-05", "end": "2026-04-10", "tenure": "Established", "return": 0.072428, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2026-04-17", "end": "2026-05-15", "tenure": "Developing", "return": 0.030942, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-05-22", "end": "2026-07-17", "tenure": "Developing", "return": -0.026677, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-07-24", "end": "2026-08-07", "tenure": "New", "return": 0.018451, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 3.71278, "volume": 0, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-08-25", "close": 3.74347, "volume": 0, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-09-01", "close": 3.76662, "volume": 0, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-09-08", "close": 3.70328, "volume": 0, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-09-15", "close": 3.74302, "volume": 0, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-09-22", "close": 3.64803, "volume": 0, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-09-29", "close": 3.59769, "volume": 0, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-10-06", "close": 3.53948, "volume": 0, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-10-13", "close": 3.59166, "volume": 0, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-10-20", "close": 3.49317, "volume": 0, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-10-27", "close": 3.45317, "volume": 0, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-11-03", "close": 3.58288, "volume": 0, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-11-10", "close": 3.60395, "volume": 0, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-11-17", "close": 3.70092, "volume": 0, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-11-24", "close": 3.70906, "volume": 0, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-12-01", "close": 3.70325, "volume": 0, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-12-08", "close": 3.67121, "volume": 0, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-12-15", "close": 3.7855, "volume": 0, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-12-22", "close": 3.75095, "volume": 0, "typical_volume": 0.0, "trend": 3.73696, "fair_value": 3.741192, "relative_strength": -1.327999, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "down", "direction": 8.954245, "energy": 26.931237, "activity_lines": [ 3.735063, 3.694443, 3.658848, 3.690412 ] }, { "date": "2023-12-29", "close": 3.86463, "volume": 0, "typical_volume": 0.0, "trend": 3.739295, "fair_value": 3.742716, "relative_strength": 1.171458, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 47.018216, "energy": 61.945142, "activity_lines": [ 3.781941, 3.734301, 3.677686, 3.698649 ] }, { "date": "2024-01-05", "close": 3.7669, "volume": 0, "typical_volume": 0.0, "trend": 3.736884, "fair_value": 3.743011, "relative_strength": -0.817681, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 25.935114, "energy": 55.843973, "activity_lines": [ 3.785872, 3.749637, 3.687083, 3.70043 ] }, { "date": "2024-01-12", "close": 3.76268, "volume": 0, "typical_volume": 0.0, "trend": 3.729861, "fair_value": 3.743248, "relative_strength": -0.048476, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 23.770746, "energy": 47.016774, "activity_lines": [ 3.784153, 3.758502, 3.69582, 3.702094 ] }, { "date": "2024-01-19", "close": 3.6665, "volume": 0, "typical_volume": 0.0, "trend": 3.72485, "fair_value": 3.742334, "relative_strength": -0.391372, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": -1.061865, "energy": 15.531697, "activity_lines": [ 3.744275, 3.74661, 3.695305, 3.698006 ] }, { "date": "2024-01-26", "close": 3.69755, "volume": 0, "typical_volume": 0.0, "trend": 3.720835, "fair_value": 3.741808, "relative_strength": -1.696905, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 6.639128, "energy": 10.440849, "activity_lines": [ 3.722681, 3.739227, 3.698224, 3.696245 ] }, { "date": "2024-02-02", "close": 3.665, "volume": 0, "typical_volume": 0.0, "trend": 3.717034, "fair_value": 3.740914, "relative_strength": -2.212143, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -11.618365, "energy": 18.533368, "activity_lines": [ 3.693797, 3.725986, 3.698071, 3.692643 ] }, { "date": "2024-02-09", "close": 3.70781, "volume": 0, "typical_volume": 0.0, "trend": 3.709033, "fair_value": 3.740534, "relative_strength": -0.485876, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -6.175627, "energy": 17.629166, "activity_lines": [ 3.692492, 3.72133, 3.702366, 3.692048 ] }, { "date": "2024-02-16", "close": 3.78406, "volume": 0, "typical_volume": 0.0, "trend": 3.705428, "fair_value": 3.741029, "relative_strength": -0.321154, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 18.487838, "energy": 12.93565, "activity_lines": [ 3.720543, 3.730455, 3.713639, 3.696888 ] }, { "date": "2024-02-23", "close": 3.84846, "volume": 0, "typical_volume": 0.0, "trend": 3.700691, "fair_value": 3.742236, "relative_strength": 1.34001, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 70.04713, "energy": 52.856419, "activity_lines": [ 3.768635, 3.749237, 3.730157, 3.706116 ] }, { "date": "2024-03-01", "close": 3.85361, "volume": 0, "typical_volume": 0.0, "trend": 3.698457, "fair_value": 3.743473, "relative_strength": 1.671415, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 71.902971, "energy": 72.395007, "activity_lines": [ 3.806313, 3.767811, 3.745695, 3.715982 ] }, { "date": "2024-03-08", "close": 3.91484, "volume": 0, "typical_volume": 0.0, "trend": 3.701071, "fair_value": 3.745356, "relative_strength": 3.437494, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 79.07674, "energy": 83.065256, "activity_lines": [ 3.853997, 3.795651, 3.765817, 3.729942 ] }, { "date": "2024-03-15", "close": 3.90744, "volume": 0, "typical_volume": 0.0, "trend": 3.70756, "fair_value": 3.747118, "relative_strength": 2.303458, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 74.450838, "energy": 85.494734, "activity_lines": [ 3.882558, 3.821233, 3.783226, 3.743256 ] }, { "date": "2024-03-22", "close": 3.9095, "volume": 0, "typical_volume": 0.0, "trend": 3.713094, "fair_value": 3.748864, "relative_strength": -0.233612, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 70.958691, "energy": 82.875636, "activity_lines": [ 3.898497, 3.844634, 3.798667, 3.756285 ] }, { "date": "2024-03-29", "close": 3.90494, "volume": 0, "typical_volume": 0.0, "trend": 3.717705, "fair_value": 3.750524, "relative_strength": -0.602594, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.964284, "energy": 82.058258, "activity_lines": [ 3.904554, 3.864536, 3.81212, 3.768662 ] }, { "date": "2024-04-05", "close": 3.9171, "volume": 0, "typical_volume": 0.0, "trend": 3.724832, "fair_value": 3.752278, "relative_strength": 0.194058, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 69.835286, "energy": 78.511457, "activity_lines": [ 3.910899, 3.882314, 3.825297, 3.781526 ] }, { "date": "2024-04-12", "close": 3.89449, "volume": 0, "typical_volume": 0.0, "trend": 3.729881, "fair_value": 3.753759, "relative_strength": -1.436099, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.280082, "energy": 55.499325, "activity_lines": [ 3.905474, 3.891989, 3.835291, 3.792472 ] }, { "date": "2024-04-19", "close": 3.73105, "volume": 0, "typical_volume": 0.0, "trend": 3.732648, "fair_value": 3.753525, "relative_strength": -4.388507, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 24.208973, "energy": 22.517547, "activity_lines": [ 3.846926, 3.867776, 3.828837, 3.792547 ] }, { "date": "2024-04-26", "close": 3.86843, "volume": 0, "typical_volume": 0.0, "trend": 3.741673, "fair_value": 3.754698, "relative_strength": -3.852965, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 39.56919, "energy": 22.123098, "activity_lines": [ 3.845931, 3.868118, 3.835334, 3.801307 ] }, { "date": "2024-05-03", "close": 3.94448, "volume": 0, "typical_volume": 0.0, "trend": 3.755173, "fair_value": 3.756615, "relative_strength": -2.847397, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 59.502535, "energy": 30.572754, "activity_lines": [ 3.873023, 3.880753, 3.848135, 3.814392 ] }, { "date": "2024-05-10", "close": 3.97033, "volume": 0, "typical_volume": 0.0, "trend": 3.767795, "fair_value": 3.758752, "relative_strength": -4.734769, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 73.749645, "energy": 43.207917, "activity_lines": [ 3.906097, 3.896342, 3.86264, 3.828273 ] }, { "date": "2024-05-17", "close": 4.06968, "volume": 0, "typical_volume": 0.0, "trend": 3.787012, "fair_value": 3.76183, "relative_strength": -2.20445, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 87.628706, "energy": 84.622943, "activity_lines": [ 3.968738, 3.927873, 3.885563, 3.847749 ] }, { "date": "2024-05-24", "close": 3.99928, "volume": 0, "typical_volume": 0.0, "trend": 3.805216, "fair_value": 3.764158, "relative_strength": -2.671193, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.305118, "energy": 82.447082, "activity_lines": [ 3.996233, 3.943789, 3.900805, 3.861444 ] }, { "date": "2024-05-31", "close": 3.88392, "volume": 0, "typical_volume": 0.0, "trend": 3.815251, "fair_value": 3.765321, "relative_strength": -4.887525, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.238549, "energy": 66.846269, "activity_lines": [ 3.967393, 3.93706, 3.903953, 3.866521 ] }, { "date": "2024-06-07", "close": 3.97985, "volume": 0, "typical_volume": 0.0, "trend": 3.827781, "fair_value": 3.767384, "relative_strength": -2.088333, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 64.915159, "energy": 51.841423, "activity_lines": [ 3.969497, 3.948238, 3.91566, 3.877141 ] }, { "date": "2024-06-14", "close": 3.99365, "volume": 0, "typical_volume": 0.0, "trend": 3.837538, "fair_value": 3.769539, "relative_strength": -0.445628, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 64.603567, "energy": 43.245259, "activity_lines": [ 3.973843, 3.960564, 3.92719, 3.887842 ] }, { "date": "2024-06-21", "close": 4.00788, "volume": 0, "typical_volume": 0.0, "trend": 3.847499, "fair_value": 3.771787, "relative_strength": -1.095649, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.549799, "energy": 40.987446, "activity_lines": [ 3.981378, 3.974084, 3.938665, 3.898832 ] }, { "date": "2024-06-28", "close": 3.98202, "volume": 0, "typical_volume": 0.0, "trend": 3.856791, "fair_value": 3.773752, "relative_strength": -0.77349, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 57.622024, "energy": 41.541987, "activity_lines": [ 3.984413, 3.980842, 3.946044, 3.907511 ] }, { "date": "2024-07-05", "close": 4.04548, "volume": 0, "typical_volume": 0.0, "trend": 3.869267, "fair_value": 3.776268, "relative_strength": 0.427354, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 68.672717, "energy": 47.557445, "activity_lines": [ 4.009751, 3.994574, 3.958161, 3.919684 ] }, { "date": "2024-07-12", "close": 4.13903, "volume": 0, "typical_volume": 0.0, "trend": 3.881051, "fair_value": 3.779596, "relative_strength": 2.257727, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 82.704686, "energy": 69.692223, "activity_lines": [ 4.055503, 4.022096, 3.977942, 3.937088 ] }, { "date": "2024-07-19", "close": 4.01689, "volume": 0, "typical_volume": 0.0, "trend": 3.889916, "fair_value": 3.781753, "relative_strength": 0.483392, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 60.534167, "energy": 56.716626, "activity_lines": [ 4.049929, 4.023874, 3.984708, 3.945852 ] }, { "date": "2024-07-26", "close": 3.95797, "volume": 0, "typical_volume": 0.0, "trend": 3.893027, "fair_value": 3.783341, "relative_strength": -2.387093, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 56.342289, "energy": 41.816685, "activity_lines": [ 4.023165, 4.014093, 3.985085, 3.950242 ] }, { "date": "2024-08-02", "close": 3.91977, "volume": 0, "typical_volume": 0.0, "trend": 3.898123, "fair_value": 3.784559, "relative_strength": -1.866921, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 26.165247, "energy": 18.290075, "activity_lines": [ 3.986996, 3.999397, 3.981618, 3.951968 ] }, { "date": "2024-08-09", "close": 3.97168, "volume": 0, "typical_volume": 0.0, "trend": 3.90509, "fair_value": 3.786215, "relative_strength": -0.394335, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 27.777646, "energy": 20.520446, "activity_lines": [ 3.97228, 3.995585, 3.983037, 3.956713 ] }, { "date": "2024-08-16", "close": 4.08293, "volume": 0, "typical_volume": 0.0, "trend": 3.918971, "fair_value": 3.788818, "relative_strength": 0.709556, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 48.684123, "energy": 23.764124, "activity_lines": [ 3.999567, 4.010405, 3.994754, 3.968187 ] }, { "date": "2024-08-23", "close": 4.10028, "volume": 0, "typical_volume": 0.0, "trend": 3.932395, "fair_value": 3.791526, "relative_strength": 1.009017, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.479383, "energy": 34.457174, "activity_lines": [ 4.036378, 4.026505, 4.007276, 3.979884 ] }, { "date": "2024-08-30", "close": 4.121, "volume": 0, "typical_volume": 0.0, "trend": 3.947595, "fair_value": 3.794366, "relative_strength": 0.978373, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 69.675869, "energy": 64.681312, "activity_lines": [ 4.074536, 4.044433, 4.0209, 3.992052 ] }, { "date": "2024-09-06", "close": 4.06017, "volume": 0, "typical_volume": 0.0, "trend": 3.95934, "fair_value": 3.796638, "relative_strength": 1.856033, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 57.510312, "energy": 65.856109, "activity_lines": [ 4.081549, 4.049245, 4.027651, 3.999315 ] }, { "date": "2024-09-13", "close": 4.12058, "volume": 0, "typical_volume": 0.0, "trend": 3.970558, "fair_value": 3.799383, "relative_strength": 2.175845, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.347419, "energy": 68.534898, "activity_lines": [ 4.099338, 4.063619, 4.038589, 4.009718 ] }, { "date": "2024-09-20", "close": 4.20811, "volume": 0, "typical_volume": 0.0, "trend": 3.982546, "fair_value": 3.802818, "relative_strength": 4.741698, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 81.155956, "energy": 76.939277, "activity_lines": [ 4.136377, 4.092543, 4.056662, 4.025044 ] }, { "date": "2024-09-27", "close": 4.42599, "volume": 0, "typical_volume": 0.0, "trend": 4.001625, "fair_value": 3.808011, "relative_strength": 8.709815, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 93.530128, "energy": 90.019011, "activity_lines": [ 4.237698, 4.159825, 4.09423, 4.053653 ] }, { "date": "2024-10-04", "close": 4.43423, "volume": 0, "typical_volume": 0.0, "trend": 4.018938, "fair_value": 3.813187, "relative_strength": 9.169666, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 90.362756, "energy": 95.470939, "activity_lines": [ 4.320051, 4.221167, 4.130413, 4.081563 ] }, { "date": "2024-10-11", "close": 4.40758, "volume": 0, "typical_volume": 0.0, "trend": 4.03561, "fair_value": 3.818059, "relative_strength": 8.605765, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 77.080623, "energy": 91.433208, "activity_lines": [ 4.372639, 4.269005, 4.162322, 4.106637 ] }, { "date": "2024-10-18", "close": 4.38307, "volume": 0, "typical_volume": 0.0, "trend": 4.051395, "fair_value": 3.822652, "relative_strength": 6.431776, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.298171, "energy": 88.369465, "activity_lines": [ 4.393897, 4.303517, 4.189952, 4.129054 ] }, { "date": "2024-10-25", "close": 4.3169, "volume": 0, "typical_volume": 0.0, "trend": 4.065127, "fair_value": 3.826638, "relative_strength": 6.010732, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.191873, "energy": 82.934434, "activity_lines": [ 4.375598, 4.318518, 4.208904, 4.146183 ] }, { "date": "2024-11-01", "close": 4.2431, "volume": 0, "typical_volume": 0.0, "trend": 4.075994, "fair_value": 3.82997, "relative_strength": 4.964082, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.630057, "energy": 54.737095, "activity_lines": [ 4.325447, 4.315847, 4.219222, 4.157665 ] }, { "date": "2024-11-08", "close": 4.30001, "volume": 0, "typical_volume": 0.0, "trend": 4.089511, "fair_value": 3.8337, "relative_strength": 7.572713, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 47.733267, "energy": 42.629263, "activity_lines": [ 4.306458, 4.320926, 4.233772, 4.172118 ] }, { "date": "2024-11-15", "close": 4.12749, "volume": 0, "typical_volume": 0.0, "trend": 4.102726, "fair_value": 3.836014, "relative_strength": 3.2945, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 21.75603, "energy": 25.941257, "activity_lines": [ 4.238911, 4.291384, 4.230501, 4.174568 ] }, { "date": "2024-11-22", "close": 4.15623, "volume": 0, "typical_volume": 0.0, "trend": 4.112319, "fair_value": 3.838515, "relative_strength": 1.484352, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 17.642139, "energy": 28.205559, "activity_lines": [ 4.199616, 4.265843, 4.229274, 4.17802 ] }, { "date": "2024-11-29", "close": 4.13024, "volume": 0, "typical_volume": 0.0, "trend": 4.118511, "fair_value": 3.840777, "relative_strength": 0.517561, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 6.179074, "energy": 23.808799, "activity_lines": [ 4.166781, 4.234928, 4.225044, 4.179176 ] }, { "date": "2024-12-06", "close": 4.24383, "volume": 0, "typical_volume": 0.0, "trend": 4.127628, "fair_value": 3.843877, "relative_strength": 2.918181, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 10.727259, "energy": 22.522904, "activity_lines": [ 4.184253, 4.226082, 4.231675, 4.187261 ] }, { "date": "2024-12-13", "close": 4.25632, "volume": 0, "typical_volume": 0.0, "trend": 4.133849, "fair_value": 3.847025, "relative_strength": 3.271682, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 18.03126, "energy": 16.498915, "activity_lines": [ 4.205839, 4.222818, 4.238414, 4.195564 ] }, { "date": "2024-12-20", "close": 4.12542, "volume": 0, "typical_volume": 0.0, "trend": 4.138054, "fair_value": 3.849135, "relative_strength": 2.674814, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -5.413882, "energy": 10.972773, "activity_lines": [ 4.186705, 4.19899, 4.231266, 4.19502 ] }, { "date": "2024-12-27", "close": 4.15719, "volume": 0, "typical_volume": 0.0, "trend": 4.147163, "fair_value": 3.851451, "relative_strength": 2.596679, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 2.009251, "energy": 7.804071, "activity_lines": [ 4.178299, 4.186068, 4.226164, 4.196254 ] }, { "date": "2025-01-03", "close": 4.10716, "volume": 0, "typical_volume": 0.0, "trend": 4.151407, "fair_value": 3.853359, "relative_strength": 0.410385, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": -10.74507, "energy": 30.675175, "activity_lines": [ 4.153153, 4.168156, 4.215414, 4.193674 ] }, { "date": "2025-01-10", "close": 4.06805, "volume": 0, "typical_volume": 0.0, "trend": 4.153887, "fair_value": 3.854949, "relative_strength": -0.840068, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -35.005528, "energy": 55.076999, "activity_lines": [ 4.116508, 4.146947, 4.200824, 4.188296 ] }, { "date": "2025-01-17", "close": 4.1178, "volume": 0, "typical_volume": 0.0, "trend": 4.157551, "fair_value": 3.856882, "relative_strength": -2.629647, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -22.242886, "energy": 48.634453, "activity_lines": [ 4.108165, 4.137967, 4.191126, 4.185968 ] }, { "date": "2025-01-24", "close": 4.19209, "volume": 0, "typical_volume": 0.0, "trend": 4.164553, "fair_value": 3.859329, "relative_strength": -0.87393, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -17.506577, "energy": 26.834032, "activity_lines": [ 4.133821, 4.145806, 4.188518, 4.188196 ] }, { "date": "2025-01-31", "close": 4.21797, "volume": 0, "typical_volume": 0.0, "trend": 4.170303, "fair_value": 3.861928, "relative_strength": -2.25409, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -1.051614, "energy": 7.206232, "activity_lines": [ 4.163658, 4.157177, 4.187746, 4.191642 ] }, { "date": "2025-02-07", "close": 4.28072, "volume": 0, "typical_volume": 0.0, "trend": 4.175026, "fair_value": 3.864941, "relative_strength": -1.111158, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 42.439114, "energy": 29.282809, "activity_lines": [ 4.21036, 4.178833, 4.192487, 4.198766 ] }, { "date": "2025-02-14", "close": 4.28926, "volume": 0, "typical_volume": 0.0, "trend": 4.184105, "fair_value": 3.867971, "relative_strength": -1.278854, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 58.085009, "energy": 45.164718, "activity_lines": [ 4.248338, 4.199307, 4.197696, 4.206136 ] }, { "date": "2025-02-21", "close": 4.34441, "volume": 0, "typical_volume": 0.0, "trend": 4.196986, "fair_value": 3.87135, "relative_strength": 0.825565, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 69.272568, "energy": 69.360502, "activity_lines": [ 4.289952, 4.228982, 4.208808, 4.216478 ] }, { "date": "2025-02-28", "close": 4.16513, "volume": 0, "typical_volume": 0.0, "trend": 4.205165, "fair_value": 3.873419, "relative_strength": -4.878409, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 17.530736, "energy": 35.626127, "activity_lines": [ 4.256699, 4.224459, 4.203274, 4.214423 ] }, { "date": "2025-03-07", "close": 4.25625, "volume": 0, "typical_volume": 0.0, "trend": 4.21465, "fair_value": 3.876096, "relative_strength": -1.264648, "stage": 3, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 26.58164, "energy": 33.481391, "activity_lines": [ 4.255616, 4.235781, 4.207572, 4.217719 ] }, { "date": "2025-03-14", "close": 4.21681, "volume": 0, "typical_volume": 0.0, "trend": 4.219113, "fair_value": 3.878462, "relative_strength": -1.574729, "stage": 3, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 11.096255, "energy": 11.34602, "activity_lines": [ 4.238835, 4.238131, 4.208718, 4.217858 ] }, { "date": "2025-03-21", "close": 4.24597, "volume": 0, "typical_volume": 0.0, "trend": 4.223969, "fair_value": 3.880997, "relative_strength": -1.053008, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -0.887869, "energy": 6.349014, "activity_lines": [ 4.236034, 4.24379, 4.213117, 4.219591 ] }, { "date": "2025-03-28", "close": 4.22495, "volume": 0, "typical_volume": 0.0, "trend": 4.227434, "fair_value": 3.883353, "relative_strength": -1.66865, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -2.183439, "energy": 4.28531, "activity_lines": [ 4.229113, 4.242391, 4.215501, 4.219654 ] }, { "date": "2025-04-04", "close": 4.11477, "volume": 0, "typical_volume": 0.0, "trend": 4.229254, "fair_value": 3.884927, "relative_strength": 2.884277, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -49.6663, "energy": 26.961525, "activity_lines": [ 4.193429, 4.219012, 4.20775, 4.212385 ] }, { "date": "2025-04-11", "close": 4.00652, "volume": 0, "typical_volume": 0.0, "trend": 4.225452, "fair_value": 3.885749, "relative_strength": 1.257058, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -70.751348, "energy": 57.067698, "activity_lines": [ 4.125019, 4.177357, 4.189749, 4.198015 ] }, { "date": "2025-04-18", "close": 4.07585, "volume": 0, "typical_volume": 0.0, "trend": 4.221044, "fair_value": 3.887025, "relative_strength": -0.944661, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.734243, "energy": 62.967714, "activity_lines": [ 4.096367, 4.152151, 4.179064, 4.188364 ] }, { "date": "2025-04-25", "close": 4.19747, "volume": 0, "typical_volume": 0.0, "trend": 4.213426, "fair_value": 3.889094, "relative_strength": 0.227568, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -50.027488, "energy": 51.538571, "activity_lines": [ 4.117653, 4.152784, 4.18022, 4.186843 ] }, { "date": "2025-05-02", "close": 4.33944, "volume": 0, "typical_volume": 0.0, "trend": 4.210267, "fair_value": 3.892077, "relative_strength": 1.338475, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": 0.005652, "energy": 5.858013, "activity_lines": [ 4.189496, 4.180898, 4.195119, 4.194973 ] }, { "date": "2025-05-09", "close": 4.34722, "volume": 0, "typical_volume": 0.0, "trend": 4.208255, "fair_value": 3.895071, "relative_strength": 1.866765, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 37.490347, "energy": 30.033926, "activity_lines": [ 4.256299, 4.210517, 4.210363, 4.203808 ] }, { "date": "2025-05-16", "close": 4.46546, "volume": 0, "typical_volume": 0.0, "trend": 4.211001, "fair_value": 3.898799, "relative_strength": 2.951038, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 79.464443, "energy": 68.624858, "activity_lines": [ 4.347019, 4.258323, 4.235811, 4.220402 ] }, { "date": "2025-05-23", "close": 4.46066, "volume": 0, "typical_volume": 0.0, "trend": 4.215793, "fair_value": 3.902447, "relative_strength": 2.324866, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 75.703734, "energy": 82.100816, "activity_lines": [ 4.405543, 4.301453, 4.259334, 4.236509 ] }, { "date": "2025-05-30", "close": 4.43132, "volume": 0, "typical_volume": 0.0, "trend": 4.222067, "fair_value": 3.90586, "relative_strength": 0.882512, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 68.46234, "energy": 82.774993, "activity_lines": [ 4.428633, 4.334815, 4.27838, 4.250414 ] }, { "date": "2025-06-06", "close": 4.5223, "volume": 0, "typical_volume": 0.0, "trend": 4.229477, "fair_value": 3.909811, "relative_strength": 2.076963, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 81.326046, "energy": 89.345891, "activity_lines": [ 4.46646, 4.381348, 4.304361, 4.269784 ] }, { "date": "2025-06-13", "close": 4.55291, "volume": 0, "typical_volume": 0.0, "trend": 4.243657, "fair_value": 3.914123, "relative_strength": 2.525197, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 79.987161, "energy": 88.704867, "activity_lines": [ 4.502299, 4.428041, 4.33133, 4.290651 ] }, { "date": "2025-06-20", "close": 4.53352, "volume": 0, "typical_volume": 0.0, "trend": 4.256234, "fair_value": 3.917827, "relative_strength": 2.852835, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 71.71739, "energy": 81.596277, "activity_lines": [ 4.517963, 4.463241, 4.354735, 4.309352 ] }, { "date": "2025-06-27", "close": 4.69757, "volume": 0, "typical_volume": 0.0, "trend": 4.275145, "fair_value": 3.923232, "relative_strength": 6.094171, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 88.626087, "energy": 86.807445, "activity_lines": [ 4.583772, 4.518688, 4.392261, 4.337825 ] }, { "date": "2025-07-04", "close": 4.73236, "volume": 0, "typical_volume": 0.0, "trend": 4.291429, "fair_value": 3.928453, "relative_strength": 6.413259, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 86.166408, "energy": 90.342418, "activity_lines": [ 4.645384, 4.569156, 4.431116, 4.367323 ] }, { "date": "2025-07-11", "close": 4.72789, "volume": 0, "typical_volume": 0.0, "trend": 4.307148, "fair_value": 3.934391, "relative_strength": 4.798331, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 80.94446, "energy": 92.431409, "activity_lines": [ 4.685437, 4.609085, 4.467434, 4.395481 ] }, { "date": "2025-07-18", "close": 4.81667, "volume": 0, "typical_volume": 0.0, "trend": 4.33019, "fair_value": 3.94033, "relative_strength": 5.986463, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 87.88493, "energy": 95.302933, "activity_lines": [ 4.741377, 4.658094, 4.510382, 4.428354 ] }, { "date": "2025-07-25", "close": 4.81997, "volume": 0, "typical_volume": 0.0, "trend": 4.352282, "fair_value": 3.946243, "relative_strength": 4.366507, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 80.860679, "energy": 92.900561, "activity_lines": [ 4.780833, 4.699168, 4.550541, 4.459953 ] }, { "date": "2025-08-01", "close": 4.702, "volume": 0, "typical_volume": 0.0, "trend": 4.37211, "fair_value": 3.95116, "relative_strength": 2.241141, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.176966, "energy": 87.148674, "activity_lines": [ 4.761869, 4.712347, 4.576781, 4.482515 ] }, { "date": "2025-08-08", "close": 4.80919, "volume": 0, "typical_volume": 0.0, "trend": 4.396815, "fair_value": 3.956421, "relative_strength": 4.092611, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 76.065707, "energy": 69.907862, "activity_lines": [ 4.778339, 4.740626, 4.610919, 4.510714 ] }, { "date": "2025-08-15", "close": 4.87756, "volume": 0, "typical_volume": 0.0, "trend": 4.42214, "fair_value": 3.962492, "relative_strength": 4.904722, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 84.156284, "energy": 72.385744, "activity_lines": [ 4.812478, 4.774467, 4.648887, 4.54173 ] }, { "date": "2025-08-22", "close": 4.86055, "volume": 0, "typical_volume": 0.0, "trend": 4.444422, "fair_value": 3.968512, "relative_strength": 2.379619, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 75.234934, "energy": 68.327758, "activity_lines": [ 4.830969, 4.798755, 4.682126, 4.570014 ] }, { "date": "2025-08-29", "close": 4.85577, "volume": 0, "typical_volume": 0.0, "trend": 4.465682, "fair_value": 3.975542, "relative_strength": 3.628759, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 70.450992, "energy": 67.388569, "activity_lines": [ 4.844941, 4.816581, 4.71136, 4.596553 ] }, { "date": "2025-09-05", "close": 4.90371, "volume": 0, "typical_volume": 0.0, "trend": 4.486449, "fair_value": 3.982817, "relative_strength": 4.27171, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 76.298631, "energy": 69.641199, "activity_lines": [ 4.872506, 4.837264, 4.741115, 4.624812 ] }, { "date": "2025-09-12", "close": 5.05005, "volume": 0, "typical_volume": 0.0, "trend": 4.511808, "fair_value": 3.99176, "relative_strength": 6.330887, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 92.76878, "energy": 75.79519, "activity_lines": [ 4.935404, 4.880806, 4.780864, 4.661174 ] }, { "date": "2025-09-19", "close": 5.10858, "volume": 0, "typical_volume": 0.0, "trend": 4.537281, "fair_value": 4.001974, "relative_strength": 8.165836, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 92.407421, "energy": 92.070713, "activity_lines": [ 5.001755, 4.929214, 4.822129, 4.699675 ] }, { "date": "2025-09-26", "close": 5.01553, "volume": 0, "typical_volume": 0.0, "trend": 4.565627, "fair_value": 4.012432, "relative_strength": 5.384059, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.354906, "energy": 87.174538, "activity_lines": [ 5.021687, 4.953783, 4.850868, 4.73053 ] }, { "date": "2025-10-03", "close": 5.19786, "volume": 0, "typical_volume": 0.0, "trend": 4.597014, "fair_value": 4.023608, "relative_strength": 6.790255, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 90.709806, "energy": 93.934432, "activity_lines": [ 5.092065, 5.007886, 4.89379, 4.771319 ] }, { "date": "2025-10-10", "close": 5.17335, "volume": 0, "typical_volume": 0.0, "trend": 4.628899, "fair_value": 4.035302, "relative_strength": 6.946874, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 79.153086, "energy": 86.765024, "activity_lines": [ 5.131466, 5.050662, 4.93089, 4.808502 ] }, { "date": "2025-10-17", "close": 5.14531, "volume": 0, "typical_volume": 0.0, "trend": 4.658877, "fair_value": 4.046705, "relative_strength": 7.093249, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.45791, "energy": 67.757835, "activity_lines": [ 5.143545, 5.079771, 4.961926, 4.841819 ] }, { "date": "2025-10-24", "close": 5.19563, "volume": 0, "typical_volume": 0.0, "trend": 4.691233, "fair_value": 4.058861, "relative_strength": 4.817971, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 75.351212, "energy": 70.226071, "activity_lines": [ 5.166046, 5.111917, 4.994355, 4.876448 ] }, { "date": "2025-10-31", "close": 4.00825, "volume": 6386, "typical_volume": 319.3, "trend": 4.687682, "fair_value": 4.062297, "relative_strength": -19.4123, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "up", "direction": -6.37071, "energy": 20.821802, "activity_lines": [ 4.786951, 4.922392, 4.910493, 4.832385 ] }, { "date": "2025-11-07", "close": 3.9255, "volume": 16348, "typical_volume": 1136.7, "trend": 4.684982, "fair_value": 4.064087, "relative_strength": -20.412641, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "mixed", "direction": -51.043131, "energy": 60.229898, "activity_lines": [ 4.447424, 4.733319, 4.821344, 4.783212 ] }, { "date": "2025-11-14", "close": 4.00925, "volume": 0, "typical_volume": 1136.7, "trend": 4.682762, "fair_value": 4.066309, "relative_strength": -18.544269, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -47.782767, "energy": 61.577619, "activity_lines": [ 4.220638, 4.576387, 4.743066, 4.739616 ] }, { "date": "2025-11-21", "close": 3.82725, "volume": 21535, "typical_volume": 2213.45, "trend": 4.670421, "fair_value": 4.067589, "relative_strength": -20.642101, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -57.114971, "energy": 80.751711, "activity_lines": [ 4.010792, 4.402626, 4.650733, 4.684422 ] }, { "date": "2025-11-28", "close": 3.90225, "volume": 3986, "typical_volume": 2412.75, "trend": 4.655848, "fair_value": 4.06846, "relative_strength": -20.298054, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -68.720939, "energy": 88.97718, "activity_lines": [ 3.913817, 4.264735, 4.569853, 4.634862 ] }, { "date": "2025-12-05", "close": 3.87625, "volume": 12736, "typical_volume": 3049.55, "trend": 4.640149, "fair_value": 4.069211, "relative_strength": -20.055803, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -72.118221, "energy": 89.910948, "activity_lines": [ 3.8944, 4.14405, 4.490428, 4.584566 ] }, { "date": "2025-12-12", "close": 3.84275, "volume": 10355, "typical_volume": 3567.3, "trend": 4.619392, "fair_value": 4.070301, "relative_strength": -20.248639, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -73.622457, "energy": 88.23234, "activity_lines": [ 3.872617, 4.037988, 4.41229, 4.533121 ] }, { "date": "2025-12-19", "close": 3.8605, "volume": 32513, "typical_volume": 5192.95, "trend": 4.599387, "fair_value": 4.071618, "relative_strength": -21.527739, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -69.559623, "energy": 68.003497, "activity_lines": [ 3.862267, 3.959792, 4.340497, 4.48416 ] }, { "date": "2025-12-26", "close": 3.85825, "volume": 0, "typical_volume": 5192.95, "trend": 4.580284, "fair_value": 4.072742, "relative_strength": -20.996932, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -69.280367, "energy": 67.018197, "activity_lines": [ 3.861083, 3.905057, 4.272497, 4.436345 ] }, { "date": "2026-01-02", "close": 3.94125, "volume": 0, "typical_volume": 5192.95, "trend": 4.560916, "fair_value": 4.073698, "relative_strength": -19.626559, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.878406, "energy": 64.791846, "activity_lines": [ 3.8855, 3.888814, 4.216929, 4.395117 ] }, { "date": "2026-01-09", "close": 4.031, "volume": 46614, "typical_volume": 7523.65, "trend": 4.543519, "fair_value": 4.074213, "relative_strength": -18.904175, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -54.203458, "energy": 55.741853, "activity_lines": [ 3.937233, 3.911695, 4.174368, 4.360928 ] }, { "date": "2026-01-16", "close": 4.06075, "volume": 22267, "typical_volume": 8637.0, "trend": 4.52776, "fair_value": 4.074683, "relative_strength": -18.911589, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -49.569159, "energy": 47.812052, "activity_lines": [ 3.988567, 3.939573, 4.138591, 4.329782 ] }, { "date": "2026-01-23", "close": 4.05325, "volume": 30334, "typical_volume": 10153.7, "trend": 4.506283, "fair_value": 4.074875, "relative_strength": -18.026947, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -44.357499, "energy": 36.753423, "activity_lines": [ 4.022867, 3.963627, 4.105885, 4.299169 ] }, { "date": "2026-01-30", "close": 4.03375, "volume": 16073, "typical_volume": 10957.35, "trend": 4.482996, "fair_value": 4.075038, "relative_strength": -18.766538, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -43.161383, "energy": 54.894402, "activity_lines": [ 4.037817, 3.983336, 4.075371, 4.268683 ] }, { "date": "2026-02-06", "close": 4.0945, "volume": 26706, "typical_volume": 12292.65, "trend": 4.461883, "fair_value": 4.076237, "relative_strength": -18.392515, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -40.889811, "energy": 47.948723, "activity_lines": [ 4.061317, 4.010336, 4.055483, 4.243618 ] }, { "date": "2026-02-13", "close": 4.1495, "volume": 35267, "typical_volume": 14056.0, "trend": 4.439644, "fair_value": 4.078316, "relative_strength": -17.59499, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -37.620879, "energy": 33.839624, "activity_lines": [ 4.092933, 4.043841, 4.045662, 4.223465 ] }, { "date": "2026-02-20", "close": 4.251, "volume": 20969, "typical_volume": 15104.45, "trend": 4.420678, "fair_value": 4.0817, "relative_strength": -17.135563, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -1.634054, "energy": 39.013874, "activity_lines": [ 4.150483, 4.090832, 4.049631, 4.211294 ] }, { "date": "2026-02-27", "close": 4.23125, "volume": 17007, "typical_volume": 15954.8, "trend": 4.404986, "fair_value": 4.084792, "relative_strength": -18.935648, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": 9.994026, "energy": 37.96238, "activity_lines": [ 4.188767, 4.126809, 4.056229, 4.199073 ] }, { "date": "2026-03-06", "close": 3.97175, "volume": 14679, "typical_volume": 16688.75, "trend": 4.377072, "fair_value": 4.086799, "relative_strength": -18.93778, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -28.127621, "energy": 29.401105, "activity_lines": [ 4.128683, 4.108864, 4.042598, 4.171122 ] }, { "date": "2026-03-13", "close": 3.945, "volume": 5487, "typical_volume": 16963.1, "trend": 4.345986, "fair_value": 4.088712, "relative_strength": -18.95822, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -52.105788, "energy": 35.49615, "activity_lines": [ 4.063817, 4.083991, 4.032008, 4.143247 ] }, { "date": "2026-03-20", "close": 3.87475, "volume": 10184, "typical_volume": 17153.0, "trend": 4.313126, "fair_value": 4.089716, "relative_strength": -17.312975, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.775872, "energy": 54.838372, "activity_lines": [ 3.9855, 4.046277, 4.020683, 4.112844 ] }, { "date": "2026-03-27", "close": 3.845, "volume": 18204, "typical_volume": 17245.8, "trend": 4.279434, "fair_value": 4.090098, "relative_strength": -18.011062, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -74.165606, "energy": 61.833606, "activity_lines": [ 3.915583, 4.005995, 4.007161, 4.082643 ] }, { "date": "2026-04-03", "close": 3.935, "volume": 13323, "typical_volume": 17911.95, "trend": 4.247144, "fair_value": 4.091192, "relative_strength": -19.421285, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -60.780587, "energy": 54.699468, "activity_lines": [ 3.902733, 3.986, 4.002593, 4.060421 ] }, { "date": "2026-04-10", "close": 4.157, "volume": 2101, "typical_volume": 16940.25, "trend": 4.217375, "fair_value": 4.093265, "relative_strength": -15.810095, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -34.911405, "energy": 30.718938, "activity_lines": [ 3.983633, 4.008518, 4.019521, 4.054605 ] }, { "date": "2026-04-17", "close": 4.363, "volume": 5728, "typical_volume": 17027.35, "trend": 4.192523, "fair_value": 4.097374, "relative_strength": -11.890072, "stage": 4, "regime": "rotation_up", "modifier": "Structural repair", "gate": "down", "direction": 15.109465, "energy": 16.879705, "activity_lines": [ 4.12085, 4.06625, 4.054499, 4.064 ] }, { "date": "2026-04-24", "close": 4.36975, "volume": 4440, "typical_volume": 16612.55, "trend": 4.170997, "fair_value": 4.101604, "relative_strength": -9.00765, "stage": 4, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 49.617229, "energy": 47.249533, "activity_lines": [ 4.23245, 4.120327, 4.087925, 4.075434 ] }, { "date": "2026-05-01", "close": 4.3855, "volume": 0, "typical_volume": 16094.8, "trend": 4.143918, "fair_value": 4.105835, "relative_strength": -8.234358, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 47.604733, "energy": 64.949351, "activity_lines": [ 4.3163, 4.173264, 4.120501, 4.089273 ] }, { "date": "2026-05-08", "close": 4.55275, "volume": 41783, "typical_volume": 16558.3, "trend": 4.123231, "fair_value": 4.111212, "relative_strength": -3.26179, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 59.41881, "energy": 83.389681, "activity_lines": [ 4.419867, 4.254164, 4.166421, 4.11565 ] }, { "date": "2026-05-15", "close": 4.498, "volume": 53884, "typical_volume": 19252.5, "trend": 4.101654, "fair_value": 4.116144, "relative_strength": -3.778007, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 74.25268, "energy": 88.940741, "activity_lines": [ 4.464, 4.319264, 4.203831, 4.139828 ] }, { "date": "2026-05-22", "close": 4.53575, "volume": 20341, "typical_volume": 20269.55, "trend": 4.079658, "fair_value": 4.121216, "relative_strength": -5.170464, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 74.40594, "energy": 87.615827, "activity_lines": [ 4.497983, 4.381659, 4.241789, 4.167834 ] }, { "date": "2026-05-29", "close": 4.675, "volume": 85725, "typical_volume": 22225.1, "trend": 4.101883, "fair_value": 4.12686, "relative_strength": -1.491685, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 83.290858, "energy": 88.654408, "activity_lines": [ 4.566867, 4.458632, 4.290179, 4.206244 ] }, { "date": "2026-06-05", "close": 4.47825, "volume": 13393, "typical_volume": 21781.4, "trend": 4.120308, "fair_value": 4.130956, "relative_strength": -4.942656, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.234431, "energy": 62.134311, "activity_lines": [ 4.549817, 4.485282, 4.316763, 4.230525 ] }, { "date": "2026-06-12", "close": 4.633, "volume": 2090, "typical_volume": 20369.2, "trend": 4.1411, "fair_value": 4.135184, "relative_strength": -2.333237, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 73.95133, "energy": 63.470058, "activity_lines": [ 4.578167, 4.528555, 4.356098, 4.263602 ] }, { "date": "2026-06-19", "close": 4.87, "volume": 1386, "typical_volume": 19634.85, "trend": 4.175858, "fair_value": 4.141935, "relative_strength": 3.942942, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 88.326238, "energy": 73.059527, "activity_lines": [ 4.680167, 4.602227, 4.415243, 4.310628 ] }, { "date": "2026-06-26", "close": 4.711, "volume": 6459, "typical_volume": 18622.5, "trend": 4.202817, "fair_value": 4.14766, "relative_strength": -0.473086, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.829345, "energy": 62.304394, "activity_lines": [ 4.704367, 4.634027, 4.455263, 4.345153 ] }, { "date": "2026-07-03", "close": 4.78025, "volume": 13611, "typical_volume": 17539.7, "trend": 4.23295, "fair_value": 4.154078, "relative_strength": -0.249292, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 72.653468, "energy": 73.498606, "activity_lines": [ 4.739967, 4.672091, 4.498943, 4.382407 ] }, { "date": "2026-07-10", "close": 4.70225, "volume": 8987, "typical_volume": 16940.6, "trend": 4.2616, "fair_value": 4.158914, "relative_strength": 0.168484, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.961612, "energy": 67.244236, "activity_lines": [ 4.74255, 4.688509, 4.53219, 4.412684 ] }, { "date": "2026-07-17", "close": 4.41475, "volume": 28738, "typical_volume": 17527.15, "trend": 4.280075, "fair_value": 4.162263, "relative_strength": -6.390814, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 46.690419, "energy": 38.596545, "activity_lines": [ 4.634367, 4.646895, 4.535908, 4.422565 ] }, { "date": "2026-07-24", "close": 4.4985, "volume": 832, "typical_volume": 16834.8, "trend": 4.301417, "fair_value": 4.165519, "relative_strength": -5.373691, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 39.625736, "energy": 25.067457, "activity_lines": [ 4.56865, 4.623018, 4.546729, 4.436657 ] }, { "date": "2026-07-31", "close": 4.4395, "volume": 11570, "typical_volume": 17138.95, "trend": 4.318025, "fair_value": 4.168845, "relative_strength": -7.305274, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 27.140047, "energy": 24.874254, "activity_lines": [ 4.508033, 4.588405, 4.549421, 4.445566 ] }, { "date": "2026-08-07", "close": 4.5815, "volume": 3103, "typical_volume": 16784.9, "trend": 4.336375, "fair_value": 4.173622, "relative_strength": -4.176451, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 25.492079, "energy": 25.24431, "activity_lines": [ 4.51285, 4.581359, 4.563283, 4.462564 ] } ], "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." } } }