{ "ticker": { "uuid": "d65ca81f-b0bd-4a85-afc9-4eb1d5e5a8bf", "symbol": "LDB", "name": "Lindbergh S.p.A.", "exchange": "MIL", "country": "IT", "assetType": "equity" }, "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.", "analysis": { "eligible": true, "as_of": "2026-08-07", "benchmark": "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": 94.507, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Established expansion", "architecture_gate": "up", "architecture_direction": 44.563, "architecture_energy": 36.279, "architecture_maturity": 100.0, "architecture_confidence": 84.08, "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": 27.74, "rotation_up": 32.22, "upward_expansion": 67.49, "deceleration": 88.25, "rotation_down": 27.92, "downward_expansion": 19.83 }, "activity_lines": [ 13.08, 13.328182, 12.722619, 11.828796 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.333333 }, "latest_close": 12.95, "trend_reference": 10.616, "distance_from_trend": 0.219857, "trend_direction": "Improving", "fair_value": 5.122564, "distance_from_fair_value": 1.528031, "fair_value_direction": "Weakening", "relative_strength": 28.028801, "relative_strength_direction": "Weakening", "price_momentum": 0.699475, "excess_performance": 0.528583, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.219857, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.211043, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 1.528031, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.323997, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.280288, "read": "Leading" }, { "label": "Relative strength direction", "positive": false, "value": -0.351589, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.699475, "read": "Positive" }, { "label": "Volume balance", "positive": false, "value": 0.154783, "read": "Supply-led" } ], "volume": { "latest": 27500, "relative_activity": 0.915903, "balance": 0.154783, "dry_up": 0.843047, "accumulation_observations": 0, "distribution_observations": 0 }, "risk": { "range_context": 0.067716, "annualized_volatility": 0.340061, "from_high_reference": -0.142384, "from_low_reference": 2.2375 }, "levels": { "trend_reference": 10.616, "fair_value_reference": 5.122564, "structural_low": 7.62, "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 28, "median_return": 0.031282, "positive_rate": 0.642857, "directional_follow_through": 0.642857, "median_excess_return": 0.038968, "regime_survival": 0.857143, "best_return": 0.281385, "worst_return": -0.121622, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 9, "median_return": 0.049869, "positive_rate": 0.777778, "directional_follow_through": 0.777778, "median_excess_return": 0.027136, "regime_survival": 0.555556, "best_return": 0.751724, "worst_return": -0.1, "sufficient": true }, { "horizon": "Extended", "sample_count": 5, "median_return": 0.076923, "positive_rate": 0.6, "directional_follow_through": 0.6, "median_excess_return": 0.001793, "regime_survival": 0.2, "best_return": 0.83908, "worst_return": -0.041463, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 2, "median_return": 0.484239, "positive_rate": 1.0, "directional_follow_through": 1.0, "median_excess_return": 0.297693, "regime_survival": 0.5, "best_return": 0.865385, "worst_return": 0.103093, "sufficient": false } ], "ledger": [ { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2023-06-30", "end": "2023-08-04", "tenure": "Developing", "return": -0.057692, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2023-08-11", "end": "2023-12-29", "tenure": "Established", "return": 0.134177, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-01-05", "end": "2024-07-19", "tenure": "Extended", "return": 0.636364, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-07-26", "end": "2024-08-23", "tenure": "Developing", "return": 0.049451, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-08-30", "end": "2024-11-15", "tenure": "Developing", "return": 0.016216, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-11-22", "end": "2025-01-24", "tenure": "Developing", "return": 0.099448, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-01-31", "end": "2025-04-11", "tenure": "Developing", "return": -0.146341, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-04-18", "end": "2025-05-09", "tenure": "New", "return": -0.025281, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-05-16", "end": "2025-06-27", "tenure": "Developing", "return": 0.244186, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-07-04", "end": "2025-08-22", "tenure": "Developing", "return": 0.01699, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-08-29", "end": "2026-02-13", "tenure": "Established", "return": 0.806897, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-02-20", "end": "2026-02-27", "tenure": "New", "return": 0.007557, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-03-06", "end": "2026-08-07", "tenure": "Established", "return": 0.560241, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 2.02, "volume": 16000, "typical_volume": 44700.0, "trend": 1.9465, "fair_value": 1.847391, "relative_strength": 1.55751, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 14.002718, "energy": 12.771667, "activity_lines": [ 2.004667, 2.032182, 2.03681, 2.001931 ] }, { "date": "2023-08-25", "close": 2.06, "volume": 2000, "typical_volume": 36450.0, "trend": 1.954833, "fair_value": 1.849807, "relative_strength": 1.994824, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 20.346727, "energy": 14.384176, "activity_lines": [ 2.020333, 2.035273, 2.039595, 2.009254 ] }, { "date": "2023-09-01", "close": 2.03, "volume": 15000, "typical_volume": 30450.0, "trend": 1.961833, "fair_value": 1.851831, "relative_strength": -0.960113, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 17.839452, "energy": 9.21686, "activity_lines": [ 2.024, 2.031545, 2.038786, 2.014103 ] }, { "date": "2023-09-08", "close": 2.1, "volume": 25000, "typical_volume": 27800.0, "trend": 1.971167, "fair_value": 1.854589, "relative_strength": 3.936131, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 44.827874, "energy": 25.982403, "activity_lines": [ 2.054333, 2.040909, 2.044643, 2.023017 ] }, { "date": "2023-09-15", "close": 2.07, "volume": 24000, "typical_volume": 28450.0, "trend": 1.9815, "fair_value": 1.856956, "relative_strength": 0.087081, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 38.517786, "energy": 30.385266, "activity_lines": [ 2.065333, 2.044455, 2.04731, 2.029394 ] }, { "date": "2023-09-22", "close": 2.1, "volume": 53000, "typical_volume": 30500.0, "trend": 1.991767, "fair_value": 1.859598, "relative_strength": 2.728519, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 55.405679, "energy": 41.20469, "activity_lines": [ 2.08, 2.055818, 2.052738, 2.037039 ] }, { "date": "2023-09-29", "close": 2.09, "volume": 99000, "typical_volume": 33500.0, "trend": 2.001167, "fair_value": 1.862075, "relative_strength": 3.425888, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 52.973863, "energy": 40.185142, "activity_lines": [ 2.086, 2.064455, 2.056929, 2.043376 ] }, { "date": "2023-10-06", "close": 2.0, "volume": 417000, "typical_volume": 53400.0, "trend": 2.009167, "fair_value": 1.863543, "relative_strength": 0.57011, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 33.197014, "energy": 16.952099, "activity_lines": [ 2.06, 2.055636, 2.052119, 2.043301 ] }, { "date": "2023-10-13", "close": 2.08, "volume": 44000, "typical_volume": 54550.0, "trend": 2.020833, "fair_value": 1.865821, "relative_strength": 3.07347, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 40.772774, "energy": 19.173397, "activity_lines": [ 2.062667, 2.062818, 2.054905, 2.047871 ] }, { "date": "2023-10-20", "close": 2.05, "volume": 85000, "typical_volume": 54900.0, "trend": 2.0325, "fair_value": 1.86774, "relative_strength": 4.982702, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 32.401675, "energy": 12.788321, "activity_lines": [ 2.056667, 2.062364, 2.054381, 2.049753 ] }, { "date": "2023-10-27", "close": 2.07, "volume": 85000, "typical_volume": 57050.0, "trend": 2.042167, "fair_value": 1.869825, "relative_strength": 6.310578, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 33.186295, "energy": 14.381035, "activity_lines": [ 2.058667, 2.064182, 2.05619, 2.052172 ] }, { "date": "2023-11-03", "close": 2.08, "volume": 10000, "typical_volume": 55150.0, "trend": 2.048, "fair_value": 1.871969, "relative_strength": 1.593632, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 38.281338, "energy": 17.786864, "activity_lines": [ 2.066, 2.066909, 2.058667, 2.054613 ] }, { "date": "2023-11-10", "close": 2.02, "volume": 23000, "typical_volume": 55000.0, "trend": 2.047667, "fair_value": 1.873465, "relative_strength": -0.715676, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 20.060422, "energy": 8.220072, "activity_lines": [ 2.054, 2.058364, 2.054976, 2.052806 ] }, { "date": "2023-11-17", "close": 2.0, "volume": 27000, "typical_volume": 55550.0, "trend": 2.046667, "fair_value": 1.87473, "relative_strength": -4.952008, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -21.218229, "energy": 15.160786, "activity_lines": [ 2.034, 2.046364, 2.049524, 2.049731 ] }, { "date": "2023-11-24", "close": 2.0, "volume": 25000, "typical_volume": 53450.0, "trend": 2.045, "fair_value": 1.87597, "relative_strength": -4.738593, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -23.554134, "energy": 27.173858, "activity_lines": [ 2.019333, 2.036182, 2.044452, 2.04672 ] }, { "date": "2023-12-01", "close": 2.12, "volume": 45000, "typical_volume": 54750.0, "trend": 2.047667, "fair_value": 1.878363, "relative_strength": -0.755244, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 32.152842, "energy": 15.537963, "activity_lines": [ 2.048, 2.049091, 2.051762, 2.051559 ] }, { "date": "2023-12-08", "close": 2.09, "volume": 18000, "typical_volume": 53400.0, "trend": 2.050667, "fair_value": 1.880417, "relative_strength": -3.645253, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 44.625267, "energy": 19.220552, "activity_lines": [ 2.063333, 2.056182, 2.055881, 2.05429 ] }, { "date": "2023-12-15", "close": 2.08, "volume": 59000, "typical_volume": 55900.0, "trend": 2.0535, "fair_value": 1.882337, "relative_strength": -3.904561, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 42.467897, "energy": 23.464734, "activity_lines": [ 2.074667, 2.061455, 2.058762, 2.056183 ] }, { "date": "2023-12-22", "close": 2.1, "volume": 108000, "typical_volume": 59100.0, "trend": 2.057333, "fair_value": 1.88441, "relative_strength": -2.924437, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 50.729614, "energy": 32.07711, "activity_lines": [ 2.088667, 2.068909, 2.063548, 2.059183 ] }, { "date": "2023-12-29", "close": 2.24, "volume": 526000, "typical_volume": 85300.0, "trend": 2.060667, "fair_value": 1.887764, "relative_strength": 3.5488, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 75.267079, "energy": 64.246935, "activity_lines": [ 2.142667, 2.101455, 2.081, 2.070968 ] }, { "date": "2024-01-05", "close": 2.2, "volume": 21000, "typical_volume": 85550.0, "trend": 2.067, "fair_value": 1.890682, "relative_strength": 1.424349, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 69.688547, "energy": 68.007885, "activity_lines": [ 2.167333, 2.123273, 2.093381, 2.079957 ] }, { "date": "2024-01-12", "close": 2.32, "volume": 230000, "typical_volume": 96950.0, "trend": 2.078167, "fair_value": 1.894657, "relative_strength": 6.702662, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 83.210666, "energy": 79.137425, "activity_lines": [ 2.226667, 2.164545, 2.116333, 2.09628 ] }, { "date": "2024-01-19", "close": 2.48, "volume": 284000, "typical_volume": 110400.0, "trend": 2.0925, "fair_value": 1.900028, "relative_strength": 14.539635, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 92.3056, "energy": 91.023191, "activity_lines": [ 2.324, 2.230545, 2.153286, 2.122204 ] }, { "date": "2024-01-26", "close": 2.42, "volume": 187000, "typical_volume": 118500.0, "trend": 2.103833, "fair_value": 1.904755, "relative_strength": 11.084559, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 77.402192, "energy": 87.299744, "activity_lines": [ 2.374667, 2.277273, 2.182381, 2.143333 ] }, { "date": "2024-02-02", "close": 2.45, "volume": 156000, "typical_volume": 125100.0, "trend": 2.112167, "fair_value": 1.909667, "relative_strength": 10.857013, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 75.528342, "energy": 87.197756, "activity_lines": [ 2.414, 2.321818, 2.21281, 2.165667 ] }, { "date": "2024-02-09", "close": 2.38, "volume": 42000, "typical_volume": 124550.0, "trend": 2.123167, "fair_value": 1.913866, "relative_strength": 5.90272, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.744079, "energy": 80.867407, "activity_lines": [ 2.416, 2.345455, 2.234762, 2.182946 ] }, { "date": "2024-02-16", "close": 2.41, "volume": 40000, "typical_volume": 121600.0, "trend": 2.135833, "fair_value": 1.918257, "relative_strength": 4.94056, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 63.512321, "energy": 56.259221, "activity_lines": [ 2.416, 2.369818, 2.258238, 2.201452 ] }, { "date": "2024-02-23", "close": 2.39, "volume": 20000, "typical_volume": 101750.0, "trend": 2.146167, "fair_value": 1.922395, "relative_strength": 0.806903, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 60.083363, "energy": 49.398387, "activity_lines": [ 2.403333, 2.384727, 2.278286, 2.217849 ] }, { "date": "2024-03-01", "close": 2.5, "volume": 188000, "typical_volume": 108950.0, "trend": 2.164167, "fair_value": 1.927417, "relative_strength": 4.397826, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 70.140776, "energy": 50.570779, "activity_lines": [ 2.433333, 2.414, 2.306952, 2.240677 ] }, { "date": "2024-03-08", "close": 2.62, "volume": 284000, "typical_volume": 118900.0, "trend": 2.185667, "fair_value": 1.933388, "relative_strength": 7.473782, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 76.07786, "energy": 54.669513, "activity_lines": [ 2.498, 2.457818, 2.345048, 2.270086 ] }, { "date": "2024-03-15", "close": 2.52, "volume": 125000, "typical_volume": 120900.0, "trend": 2.202333, "fair_value": 1.938402, "relative_strength": 1.568141, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 59.344084, "energy": 47.348841, "activity_lines": [ 2.518, 2.476545, 2.370905, 2.291656 ] }, { "date": "2024-03-22", "close": 2.58, "volume": 112000, "typical_volume": 126000.0, "trend": 2.219667, "fair_value": 1.943839, "relative_strength": 2.507967, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.351121, "energy": 51.225259, "activity_lines": [ 2.548667, 2.500364, 2.400333, 2.316022 ] }, { "date": "2024-03-29", "close": 2.6, "volume": 88000, "typical_volume": 129250.0, "trend": 2.238667, "fair_value": 1.949353, "relative_strength": 1.850548, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.298805, "energy": 57.773005, "activity_lines": [ 2.574667, 2.523091, 2.429286, 2.340559 ] }, { "date": "2024-04-05", "close": 2.8, "volume": 259000, "typical_volume": 140850.0, "trend": 2.262, "fair_value": 1.956442, "relative_strength": 11.708035, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 81.386638, "energy": 62.533398, "activity_lines": [ 2.653333, 2.58, 2.474524, 2.376774 ] }, { "date": "2024-04-12", "close": 2.96, "volume": 78000, "typical_volume": 143500.0, "trend": 2.291667, "fair_value": 1.964736, "relative_strength": 18.496558, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 87.750657, "energy": 84.822596, "activity_lines": [ 2.765333, 2.659091, 2.53119, 2.421806 ] }, { "date": "2024-04-19", "close": 2.96, "volume": 34000, "typical_volume": 142950.0, "trend": 2.320333, "fair_value": 1.972893, "relative_strength": 17.514076, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 81.420253, "energy": 89.106133, "activity_lines": [ 2.854667, 2.728909, 2.583286, 2.464925 ] }, { "date": "2024-04-26", "close": 3.22, "volume": 79000, "typical_volume": 146000.0, "trend": 2.358, "fair_value": 1.983033, "relative_strength": 26.014628, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 89.885018, "energy": 94.025519, "activity_lines": [ 3.001333, 2.835455, 2.656143, 2.522968 ] }, { "date": "2024-05-03", "close": 3.32, "volume": 69000, "typical_volume": 146500.0, "trend": 2.402, "fair_value": 1.993815, "relative_strength": 31.509338, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 86.654505, "energy": 93.616452, "activity_lines": [ 3.138667, 2.945455, 2.733143, 2.585032 ] }, { "date": "2024-05-10", "close": 3.36, "volume": 41000, "typical_volume": 143150.0, "trend": 2.444667, "fair_value": 2.004744, "relative_strength": 28.36281, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 81.407622, "energy": 91.127204, "activity_lines": [ 3.241333, 3.045818, 2.808048, 2.646839 ] }, { "date": "2024-05-17", "close": 3.48, "volume": 31000, "typical_volume": 118400.0, "trend": 2.492333, "fair_value": 2.016452, "relative_strength": 29.310529, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 82.779188, "energy": 90.76606, "activity_lines": [ 3.346667, 3.152364, 2.888381, 2.713634 ] }, { "date": "2024-05-24", "close": 3.7, "volume": 94000, "typical_volume": 122050.0, "trend": 2.546667, "fair_value": 2.029709, "relative_strength": 39.937806, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 87.346912, "energy": 90.466887, "activity_lines": [ 3.490667, 3.283273, 2.983762, 2.791548 ] }, { "date": "2024-05-31", "close": 3.94, "volume": 341000, "typical_volume": 127600.0, "trend": 2.608667, "fair_value": 2.044633, "relative_strength": 47.707363, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 90.78197, "energy": 93.055089, "activity_lines": [ 3.665333, 3.436364, 3.094857, 2.881441 ] }, { "date": "2024-06-07", "close": 3.96, "volume": 108000, "typical_volume": 118800.0, "trend": 2.673333, "fair_value": 2.059481, "relative_strength": 46.27344, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 84.89718, "energy": 93.314565, "activity_lines": [ 3.798667, 3.568364, 3.200143, 2.968624 ] }, { "date": "2024-06-14", "close": 3.92, "volume": 156000, "typical_volume": 117250.0, "trend": 2.737333, "fair_value": 2.073792, "relative_strength": 51.81665, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 74.454325, "energy": 89.60157, "activity_lines": [ 3.876, 3.668364, 3.294571, 3.049054 ] }, { "date": "2024-06-21", "close": 3.84, "volume": 31000, "typical_volume": 111000.0, "trend": 2.798667, "fair_value": 2.087275, "relative_strength": 44.439385, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.19086, "energy": 81.869861, "activity_lines": [ 3.889333, 3.733455, 3.374238, 3.120194 ] }, { "date": "2024-06-28", "close": 3.88, "volume": 43000, "typical_volume": 111050.0, "trend": 2.857333, "fair_value": 2.100856, "relative_strength": 45.110555, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.213609, "energy": 66.063905, "activity_lines": [ 3.892, 3.789818, 3.451095, 3.189957 ] }, { "date": "2024-07-05", "close": 3.86, "volume": 69000, "typical_volume": 112500.0, "trend": 2.916333, "fair_value": 2.114083, "relative_strength": 39.675459, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.154635, "energy": 63.872071, "activity_lines": [ 3.876, 3.825818, 3.518905, 3.254645 ] }, { "date": "2024-07-12", "close": 3.76, "volume": 35000, "typical_volume": 113250.0, "trend": 2.972333, "fair_value": 2.126366, "relative_strength": 32.557227, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 56.611618, "energy": 57.938834, "activity_lines": [ 3.832, 3.832, 3.570286, 3.309075 ] }, { "date": "2024-07-19", "close": 3.6, "volume": 43000, "typical_volume": 106000.0, "trend": 3.022333, "fair_value": 2.137281, "relative_strength": 27.23047, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 47.030514, "energy": 45.575155, "activity_lines": [ 3.748, 3.801091, 3.599905, 3.34957 ] }, { "date": "2024-07-26", "close": 3.64, "volume": 34000, "typical_volume": 93500.0, "trend": 3.069, "fair_value": 2.148331, "relative_strength": 29.066338, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 42.555558, "energy": 37.989089, "activity_lines": [ 3.698667, 3.773091, 3.628095, 3.389419 ] }, { "date": "2024-08-02", "close": 3.74, "volume": 61000, "typical_volume": 90300.0, "trend": 3.120333, "fair_value": 2.159949, "relative_strength": 38.497726, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 39.661762, "energy": 30.527376, "activity_lines": [ 3.696, 3.760364, 3.660952, 3.43271 ] }, { "date": "2024-08-09", "close": 3.8, "volume": 38000, "typical_volume": 86600.0, "trend": 3.169667, "fair_value": 2.171833, "relative_strength": 40.179883, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 45.46229, "energy": 31.647448, "activity_lines": [ 3.722667, 3.757818, 3.693714, 3.476559 ] }, { "date": "2024-08-16", "close": 3.8, "volume": 1000, "typical_volume": 82250.0, "trend": 3.213667, "fair_value": 2.183547, "relative_strength": 33.566185, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 49.111042, "energy": 37.001086, "activity_lines": [ 3.753333, 3.757818, 3.720667, 3.517226 ] }, { "date": "2024-08-23", "close": 3.82, "volume": 24000, "typical_volume": 70500.0, "trend": 3.260333, "fair_value": 2.195236, "relative_strength": 30.657546, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 60.344576, "energy": 45.323911, "activity_lines": [ 3.788, 3.764364, 3.74381, 3.556344 ] }, { "date": "2024-08-30", "close": 3.7, "volume": 6000, "typical_volume": 66900.0, "trend": 3.302, "fair_value": 2.205908, "relative_strength": 22.890583, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 54.572836, "energy": 41.317738, "activity_lines": [ 3.768, 3.750909, 3.750667, 3.58471 ] }, { "date": "2024-09-06", "close": 3.74, "volume": 19000, "typical_volume": 66150.0, "trend": 3.347333, "fair_value": 2.216711, "relative_strength": 27.196301, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 42.56612, "energy": 32.643957, "activity_lines": [ 3.757333, 3.747273, 3.75781, 3.612968 ] }, { "date": "2024-09-13", "close": 3.7, "volume": 12000, "typical_volume": 62800.0, "trend": 3.390333, "fair_value": 2.227084, "relative_strength": 23.757795, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 29.07039, "energy": 22.557802, "activity_lines": [ 3.733333, 3.738909, 3.757429, 3.63572 ] }, { "date": "2024-09-20", "close": 3.96, "volume": 63000, "typical_volume": 62500.0, "trend": 3.442667, "fair_value": 2.239118, "relative_strength": 30.459305, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 70.057543, "energy": 39.649409, "activity_lines": [ 3.802667, 3.780727, 3.779524, 3.672473 ] }, { "date": "2024-09-27", "close": 3.9, "volume": 27000, "typical_volume": 61800.0, "trend": 3.489333, "fair_value": 2.250572, "relative_strength": 23.897249, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 61.572351, "energy": 40.955549, "activity_lines": [ 3.841333, 3.808, 3.792857, 3.701978 ] }, { "date": "2024-10-04", "close": 3.92, "volume": 14000, "typical_volume": 60950.0, "trend": 3.532667, "fair_value": 2.262007, "relative_strength": 27.521302, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 61.204574, "energy": 45.428636, "activity_lines": [ 3.881333, 3.833455, 3.805524, 3.729763 ] }, { "date": "2024-10-11", "close": 3.76, "volume": 81000, "typical_volume": 60300.0, "trend": 3.574, "fair_value": 2.272197, "relative_strength": 18.873061, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 53.18828, "energy": 38.201877, "activity_lines": [ 3.853333, 3.824727, 3.800857, 3.74443 ] }, { "date": "2024-10-18", "close": 3.54, "volume": 60500, "typical_volume": 46275.0, "trend": 3.606, "fair_value": 2.280764, "relative_strength": 8.489426, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 8.196898, "energy": 4.924933, "activity_lines": [ 3.750667, 3.775636, 3.774952, 3.742237 ] }, { "date": "2024-10-25", "close": 3.8, "volume": 48000, "typical_volume": 43275.0, "trend": 3.646, "fair_value": 2.29096, "relative_strength": 17.079271, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 31.722173, "energy": 16.29616, "activity_lines": [ 3.745333, 3.778545, 3.775714, 3.754753 ] }, { "date": "2024-11-01", "close": 4.06, "volume": 38500, "typical_volume": 37400.0, "trend": 3.688, "fair_value": 2.302753, "relative_strength": 24.309675, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.685532, "energy": 26.069039, "activity_lines": [ 3.837333, 3.828727, 3.802, 3.781462 ] }, { "date": "2024-11-08", "close": 3.82, "volume": 5000, "typical_volume": 36100.0, "trend": 3.716667, "fair_value": 2.312801, "relative_strength": 18.910327, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 42.983737, "energy": 18.976395, "activity_lines": [ 3.838667, 3.830909, 3.804762, 3.789978 ] }, { "date": "2024-11-15", "close": 3.76, "volume": 14500, "typical_volume": 34675.0, "trend": 3.743333, "fair_value": 2.322322, "relative_strength": 14.779216, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 37.926523, "energy": 22.306357, "activity_lines": [ 3.826667, 3.82, 3.801905, 3.792774 ] }, { "date": "2024-11-22", "close": 3.62, "volume": 29000, "typical_volume": 32675.0, "trend": 3.756667, "fair_value": 2.330804, "relative_strength": 11.903821, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 1.293677, "energy": 3.730803, "activity_lines": [ 3.768, 3.783273, 3.786286, 3.784817 ] }, { "date": "2024-11-29", "close": 3.52, "volume": 68000, "typical_volume": 34325.0, "trend": 3.763333, "fair_value": 2.338526, "relative_strength": 8.328777, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -36.022259, "energy": 33.537469, "activity_lines": [ 3.670667, 3.729818, 3.762286, 3.769548 ] }, { "date": "2024-12-06", "close": 3.66, "volume": 42500, "typical_volume": 34300.0, "trend": 3.773333, "fair_value": 2.347052, "relative_strength": 7.532136, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -51.01879, "energy": 46.804074, "activity_lines": [ 3.638667, 3.709818, 3.752762, 3.762882 ] }, { "date": "2024-12-13", "close": 3.84, "volume": 74500, "typical_volume": 36325.0, "trend": 3.785333, "fair_value": 2.356622, "relative_strength": 11.461088, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -39.620367, "energy": 30.314387, "activity_lines": [ 3.693333, 3.726909, 3.760095, 3.767183 ] }, { "date": "2024-12-20", "close": 3.54, "volume": 184000, "typical_volume": 42475.0, "trend": 3.78, "fair_value": 2.366994, "relative_strength": 5.438479, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -58.84493, "energy": 44.510906, "activity_lines": [ 3.646667, 3.690909, 3.737905, 3.751355 ] }, { "date": "2024-12-27", "close": 3.52, "volume": 36000, "typical_volume": 42375.0, "trend": 3.766, "fair_value": 2.374141, "relative_strength": 3.047723, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -57.749154, "energy": 33.269449, "activity_lines": [ 3.608, 3.655273, 3.714762, 3.734581 ] }, { "date": "2025-01-03", "close": 3.8, "volume": 53000, "typical_volume": 44975.0, "trend": 3.760667, "fair_value": 2.384301, "relative_strength": 10.521721, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -36.421319, "energy": 16.86185, "activity_lines": [ 3.669333, 3.670909, 3.719619, 3.736774 ] }, { "date": "2025-01-10", "close": 4.06, "volume": 85000, "typical_volume": 48025.0, "trend": 3.765333, "fair_value": 2.396609, "relative_strength": 13.985592, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 13.731819, "energy": 9.347736, "activity_lines": [ 3.798667, 3.733818, 3.749238, 3.756086 ] }, { "date": "2025-01-17", "close": 4.0, "volume": 63500, "typical_volume": 50900.0, "trend": 3.770667, "fair_value": 2.407699, "relative_strength": 8.072036, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 57.142034, "energy": 33.265568, "activity_lines": [ 3.881333, 3.785818, 3.772, 3.771226 ] }, { "date": "2025-01-24", "close": 3.98, "volume": 57500, "typical_volume": 52825.0, "trend": 3.774, "fair_value": 2.419686, "relative_strength": 7.119444, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 55.022599, "energy": 42.960013, "activity_lines": [ 3.946667, 3.830909, 3.791429, 3.784731 ] }, { "date": "2025-01-31", "close": 4.1, "volume": 73000, "typical_volume": 55875.0, "trend": 3.782, "fair_value": 2.432763, "relative_strength": 8.863107, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.283702, "energy": 64.464968, "activity_lines": [ 4.022667, 3.893818, 3.821143, 3.805763 ] }, { "date": "2025-02-07", "close": 3.96, "volume": 91000, "typical_volume": 57275.0, "trend": 3.788667, "fair_value": 2.444494, "relative_strength": 2.904704, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 58.174748, "energy": 57.858611, "activity_lines": [ 4.013333, 3.922545, 3.835619, 3.817247 ] }, { "date": "2025-02-14", "close": 4.1, "volume": 59000, "typical_volume": 58875.0, "trend": 3.805333, "fair_value": 2.457955, "relative_strength": 3.343631, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 62.608667, "energy": 53.596297, "activity_lines": [ 4.04, 3.968727, 3.863429, 3.837333 ] }, { "date": "2025-02-21", "close": 4.08, "volume": 65500, "typical_volume": 61450.0, "trend": 3.82, "fair_value": 2.471096, "relative_strength": 1.037998, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 59.263958, "energy": 45.729804, "activity_lines": [ 4.057333, 4.003273, 3.888381, 3.855054 ] }, { "date": "2025-02-28", "close": 4.1, "volume": 125000, "typical_volume": 63650.0, "trend": 3.832, "fair_value": 2.486622, "relative_strength": 0.364835, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 59.164016, "energy": 37.641741, "activity_lines": [ 4.076, 4.037091, 3.914476, 3.873118 ] }, { "date": "2025-03-07", "close": 4.1, "volume": 48500, "typical_volume": 63050.0, "trend": 3.842, "fair_value": 2.501391, "relative_strength": 0.020037, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 58.877306, "energy": 39.978016, "activity_lines": [ 4.086667, 4.060727, 3.938952, 3.890409 ] }, { "date": "2025-03-14", "close": 4.1, "volume": 53000, "typical_volume": 63300.0, "trend": 3.852, "fair_value": 2.515904, "relative_strength": -0.71236, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 58.289774, "energy": 45.20674, "activity_lines": [ 4.097333, 4.073818, 3.960762, 3.907054 ] }, { "date": "2025-03-21", "close": 4.02, "volume": 51000, "typical_volume": 63925.0, "trend": 3.858667, "fair_value": 2.529801, "relative_strength": -4.080893, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 56.385139, "energy": 37.942612, "activity_lines": [ 4.072, 4.066909, 3.973524, 3.917892 ] }, { "date": "2025-03-28", "close": 3.64, "volume": 106000, "typical_volume": 68975.0, "trend": 3.856667, "fair_value": 2.540814, "relative_strength": -12.781052, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 9.368435, "energy": 10.982681, "activity_lines": [ 3.925333, 3.991636, 3.950286, 3.903785 ] }, { "date": "2025-04-04", "close": 3.6, "volume": 57000, "typical_volume": 71100.0, "trend": 3.852, "fair_value": 2.551071, "relative_strength": -3.927199, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "mixed", "direction": -26.54243, "energy": 27.48685, "activity_lines": [ 3.794667, 3.915636, 3.924095, 3.887226 ] }, { "date": "2025-04-11", "close": 3.5, "volume": 85000, "typical_volume": 73900.0, "trend": 3.845333, "fair_value": 2.561199, "relative_strength": -5.147486, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "mixed", "direction": -34.019929, "energy": 41.430278, "activity_lines": [ 3.664, 3.828364, 3.889143, 3.864516 ] }, { "date": "2025-04-18", "close": 3.56, "volume": 21000, "typical_volume": 71550.0, "trend": 3.832, "fair_value": 2.571686, "relative_strength": -8.94432, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -28.74298, "energy": 55.992175, "activity_lines": [ 3.593333, 3.762909, 3.860476, 3.846108 ] }, { "date": "2025-04-25", "close": 3.73, "volume": 66500, "typical_volume": 72750.0, "trend": 3.826333, "fair_value": 2.582776, "relative_strength": -8.18582, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -24.706327, "energy": 53.90146, "activity_lines": [ 3.615333, 3.735636, 3.84781, 3.839527 ] }, { "date": "2025-05-02", "close": 3.69, "volume": 13500, "typical_volume": 69700.0, "trend": 3.818667, "fair_value": 2.593917, "relative_strength": -11.45447, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -22.43389, "energy": 40.74955, "activity_lines": [ 3.643333, 3.707818, 3.831, 3.830731 ] }, { "date": "2025-05-09", "close": 3.47, "volume": 52500, "typical_volume": 63125.0, "trend": 3.809, "fair_value": 2.604558, "relative_strength": -18.810869, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -69.590259, "energy": 44.113494, "activity_lines": [ 3.594667, 3.647091, 3.793952, 3.808237 ] }, { "date": "2025-05-16", "close": 3.44, "volume": 43000, "typical_volume": 63475.0, "trend": 3.805667, "fair_value": 2.615455, "relative_strength": -21.869149, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -68.712454, "energy": 44.82143, "activity_lines": [ 3.544667, 3.592364, 3.754381, 3.78443 ] }, { "date": "2025-05-23", "close": 3.36, "volume": 47500, "typical_volume": 63200.0, "trend": 3.791, "fair_value": 2.626058, "relative_strength": -21.092544, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -71.74014, "energy": 59.082937, "activity_lines": [ 3.472, 3.535091, 3.707571, 3.755677 ] }, { "date": "2025-05-30", "close": 3.35, "volume": 58000, "typical_volume": 61850.0, "trend": 3.767333, "fair_value": 2.635583, "relative_strength": -22.102664, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.961517, "energy": 68.950014, "activity_lines": [ 3.409333, 3.489455, 3.661905, 3.727226 ] }, { "date": "2025-06-06", "close": 3.45, "volume": 48000, "typical_volume": 61075.0, "trend": 3.755, "fair_value": 2.646365, "relative_strength": -20.376985, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.660855, "energy": 59.648368, "activity_lines": [ 3.405333, 3.474182, 3.629143, 3.706753 ] }, { "date": "2025-06-13", "close": 3.82, "volume": 43000, "typical_volume": 60350.0, "trend": 3.757, "fair_value": 2.660481, "relative_strength": -8.857743, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -33.015639, "energy": 24.238137, "activity_lines": [ 3.540667, 3.529636, 3.634238, 3.710946 ] }, { "date": "2025-06-20", "close": 3.9, "volume": 93000, "typical_volume": 61350.0, "trend": 3.766333, "fair_value": 2.675417, "relative_strength": -6.186189, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -15.083085, "energy": 13.581931, "activity_lines": [ 3.679333, 3.595636, 3.647714, 3.720172 ] }, { "date": "2025-06-27", "close": 4.28, "volume": 87500, "typical_volume": 61175.0, "trend": 3.791667, "fair_value": 2.693237, "relative_strength": 1.803326, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "mixed", "direction": 38.645449, "energy": 37.59483, "activity_lines": [ 3.914, 3.723455, 3.698333, 3.753312 ] }, { "date": "2025-07-04", "close": 4.12, "volume": 34000, "typical_volume": 59925.0, "trend": 3.807, "fair_value": 2.710288, "relative_strength": -1.534004, "stage": 3, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 31.393874, "energy": 42.462774, "activity_lines": [ 4.034, 3.809091, 3.73219, 3.774495 ] }, { "date": "2025-07-11", "close": 3.83, "volume": 120000, "typical_volume": 62650.0, "trend": 3.806667, "fair_value": 2.725378, "relative_strength": -9.288835, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 24.044405, "energy": 49.804658, "activity_lines": [ 4.006, 3.834909, 3.738333, 3.775978 ] }, { "date": "2025-07-18", "close": 3.85, "volume": 8500, "typical_volume": 56825.0, "trend": 3.817, "fair_value": 2.740481, "relative_strength": -9.183497, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 21.94591, "energy": 44.49603, "activity_lines": [ 3.959333, 3.861818, 3.747571, 3.778774 ] }, { "date": "2025-07-25", "close": 3.97, "volume": 62500, "typical_volume": 57525.0, "trend": 3.832, "fair_value": 2.754955, "relative_strength": -7.132054, "stage": 3, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 19.913012, "energy": 21.733302, "activity_lines": [ 3.950667, 3.903636, 3.769429, 3.788645 ] }, { "date": "2025-08-01", "close": 3.93, "volume": 53000, "typical_volume": 57525.0, "trend": 3.836333, "fair_value": 2.768455, "relative_strength": -5.948293, "stage": 3, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 5.594435, "energy": 8.963318, "activity_lines": [ 3.924, 3.928545, 3.788095, 3.794968 ] }, { "date": "2025-08-08", "close": 4.08, "volume": 43000, "typical_volume": 57125.0, "trend": 3.837, "fair_value": 2.783071, "relative_strength": -5.929259, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 35.893754, "energy": 24.040327, "activity_lines": [ 3.970667, 3.970364, 3.821857, 3.810688 ] }, { "date": "2025-08-15", "close": 4.15, "volume": 26000, "typical_volume": 53125.0, "trend": 3.842, "fair_value": 2.798365, "relative_strength": -6.319605, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 39.559574, "energy": 33.774979, "activity_lines": [ 4.043333, 4.011636, 3.862, 3.830882 ] }, { "date": "2025-08-22", "close": 4.19, "volume": 97500, "typical_volume": 55150.0, "trend": 3.849, "fair_value": 2.814647, "relative_strength": -6.559003, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 67.562485, "energy": 58.120255, "activity_lines": [ 4.108, 4.047455, 3.903524, 3.853333 ] }, { "date": "2025-08-29", "close": 4.35, "volume": 27500, "typical_volume": 52275.0, "trend": 3.857333, "fair_value": 2.832147, "relative_strength": -0.345487, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 76.964628, "energy": 73.603142, "activity_lines": [ 4.203333, 4.105636, 3.957476, 3.885656 ] }, { "date": "2025-09-05", "close": 4.44, "volume": 51500, "typical_volume": 53800.0, "trend": 3.873333, "fair_value": 2.850237, "relative_strength": 3.261897, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 77.631368, "energy": 78.467407, "activity_lines": [ 4.303333, 4.172, 4.015952, 3.923247 ] }, { "date": "2025-09-12", "close": 4.68, "volume": 120000, "typical_volume": 56475.0, "trend": 3.892667, "fair_value": 2.870173, "relative_strength": 6.399449, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 86.64958, "energy": 88.434195, "activity_lines": [ 4.449333, 4.279091, 4.093095, 3.97529 ] }, { "date": "2025-09-19", "close": 4.93, "volume": 74500, "typical_volume": 59525.0, "trend": 3.921, "fair_value": 2.891571, "relative_strength": 12.772309, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 90.889196, "energy": 95.005453, "activity_lines": [ 4.638667, 4.421455, 4.189524, 4.042215 ] }, { "date": "2025-09-26", "close": 5.36, "volume": 68000, "typical_volume": 60300.0, "trend": 3.963, "fair_value": 2.916224, "relative_strength": 21.345942, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 96.026989, "energy": 97.952479, "activity_lines": [ 4.919333, 4.622, 4.321, 4.135054 ] }, { "date": "2025-10-03", "close": 6.26, "volume": 148500, "typical_volume": 65575.0, "trend": 4.035, "fair_value": 2.946417, "relative_strength": 38.992927, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 99.061016, "energy": 99.437086, "activity_lines": [ 5.422, 4.958727, 4.52919, 4.283247 ] }, { "date": "2025-10-10", "close": 6.56, "volume": 111500, "typical_volume": 68775.0, "trend": 4.117, "fair_value": 2.978301, "relative_strength": 48.571587, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 98.067291, "energy": 99.276685, "activity_lines": [ 5.897333, 5.308364, 4.752524, 4.446151 ] }, { "date": "2025-10-17", "close": 6.3, "volume": 105500, "typical_volume": 71150.0, "trend": 4.193, "fair_value": 3.007699, "relative_strength": 42.36225, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 80.105843, "energy": 92.967442, "activity_lines": [ 6.144667, 5.562909, 4.935857, 4.586989 ] }, { "date": "2025-10-24", "close": 6.76, "volume": 86000, "typical_volume": 73050.0, "trend": 4.297, "fair_value": 3.039917, "relative_strength": 48.790324, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 87.839427, "energy": 95.582845, "activity_lines": [ 6.437333, 5.860727, 5.148952, 4.752602 ] }, { "date": "2025-10-31", "close": 7.5, "volume": 123000, "typical_volume": 77050.0, "trend": 4.427, "fair_value": 3.077494, "relative_strength": 60.809824, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 94.912673, "energy": 96.344552, "activity_lines": [ 6.854667, 6.245636, 5.416762, 4.959247 ] }, { "date": "2025-11-07", "close": 7.6, "volume": 89000, "typical_volume": 76850.0, "trend": 4.563667, "fair_value": 3.114929, "relative_strength": 62.079593, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 89.040715, "energy": 75.945228, "activity_lines": [ 7.162667, 6.588545, 5.676571, 5.163957 ] }, { "date": "2025-11-14", "close": 7.6, "volume": 161500, "typical_volume": 80550.0, "trend": 4.698333, "fair_value": 3.152558, "relative_strength": 56.383804, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 80.259074, "energy": 72.849202, "activity_lines": [ 7.381333, 6.872364, 5.918762, 5.359849 ] }, { "date": "2025-11-21", "close": 7.6, "volume": 56000, "typical_volume": 81650.0, "trend": 4.827333, "fair_value": 3.190506, "relative_strength": 59.326586, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 73.387313, "energy": 70.426525, "activity_lines": [ 7.530667, 7.098727, 6.145143, 5.547054 ] }, { "date": "2025-11-28", "close": 7.62, "volume": 57500, "typical_volume": 78525.0, "trend": 4.958333, "fair_value": 3.228519, "relative_strength": 55.304484, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 70.67873, "energy": 69.103111, "activity_lines": [ 7.6, 7.275636, 6.356857, 5.727226 ] }, { "date": "2025-12-05", "close": 7.6, "volume": 160500, "typical_volume": 86125.0, "trend": 5.096, "fair_value": 3.266263, "relative_strength": 52.816856, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.891734, "energy": 67.22763, "activity_lines": [ 7.605333, 7.4, 6.548619, 5.897656 ] }, { "date": "2025-12-12", "close": 7.6, "volume": 71750, "typical_volume": 86587.5, "trend": 5.234667, "fair_value": 3.303955, "relative_strength": 50.895438, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.863467, "energy": 65.154332, "activity_lines": [ 7.604, 7.483636, 6.722524, 6.059204 ] }, { "date": "2025-12-19", "close": 7.64, "volume": 27500, "typical_volume": 85312.5, "trend": 5.377333, "fair_value": 3.342404, "relative_strength": 45.877421, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.360468, "energy": 64.003844, "activity_lines": [ 7.616, 7.550182, 6.882952, 6.214387 ] }, { "date": "2025-12-26", "close": 7.48, "volume": 32000, "typical_volume": 84762.5, "trend": 5.515, "fair_value": 3.379147, "relative_strength": 41.799355, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.014244, "energy": 61.228585, "activity_lines": [ 7.572, 7.568, 7.010476, 6.350043 ] }, { "date": "2026-01-02", "close": 7.6, "volume": 22000, "typical_volume": 84562.5, "trend": 5.653333, "fair_value": 3.416071, "relative_strength": 40.357146, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 54.394145, "energy": 57.495717, "activity_lines": [ 7.576, 7.586182, 7.133238, 6.484559 ] }, { "date": "2026-01-09", "close": 7.86, "volume": 40500, "typical_volume": 81712.5, "trend": 5.788, "fair_value": 3.454724, "relative_strength": 42.770058, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 72.84711, "energy": 63.861661, "activity_lines": [ 7.668, 7.636364, 7.264333, 6.626925 ] }, { "date": "2026-01-16", "close": 8.2, "volume": 21000, "typical_volume": 81387.5, "trend": 5.931333, "fair_value": 3.494968, "relative_strength": 47.067738, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 82.566289, "energy": 69.22719, "activity_lines": [ 7.856, 7.741818, 7.410333, 6.782538 ] }, { "date": "2026-01-23", "close": 8.0, "volume": 18500, "typical_volume": 79737.5, "trend": 6.055333, "fair_value": 3.534647, "relative_strength": 45.009555, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 70.344909, "energy": 66.010178, "activity_lines": [ 7.937333, 7.8, 7.518952, 6.916 ] }, { "date": "2026-01-30", "close": 7.58, "volume": 32750, "typical_volume": 75375.0, "trend": 6.170667, "fair_value": 3.571571, "relative_strength": 34.165229, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.333608, "energy": 62.36994, "activity_lines": [ 7.854667, 7.774545, 7.570619, 7.014366 ] }, { "date": "2026-02-06", "close": 7.62, "volume": 23000, "typical_volume": 72800.0, "trend": 6.297, "fair_value": 3.60875, "relative_strength": 32.62691, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.702588, "energy": 56.915026, "activity_lines": [ 7.778667, 7.756727, 7.612286, 7.107871 ] }, { "date": "2026-02-13", "close": 7.86, "volume": 33500, "typical_volume": 71075.0, "trend": 6.430667, "fair_value": 3.647853, "relative_strength": 36.780819, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 55.30682, "energy": 45.834915, "activity_lines": [ 7.781333, 7.782545, 7.664, 7.20871 ] }, { "date": "2026-02-20", "close": 7.94, "volume": 25750, "typical_volume": 64937.5, "trend": 6.563, "fair_value": 3.687263, "relative_strength": 33.759966, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 55.27323, "energy": 40.38734, "activity_lines": [ 7.810667, 7.818182, 7.711429, 7.306086 ] }, { "date": "2026-02-27", "close": 8.0, "volume": 20250, "typical_volume": 60375.0, "trend": 6.698667, "fair_value": 3.726955, "relative_strength": 31.412661, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 65.829966, "energy": 46.866302, "activity_lines": [ 7.877333, 7.858545, 7.756571, 7.398796 ] }, { "date": "2026-03-06", "close": 8.3, "volume": 17500, "typical_volume": 55975.0, "trend": 6.839333, "fair_value": 3.768878, "relative_strength": 44.027738, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 76.00986, "energy": 56.559581, "activity_lines": [ 8.044, 7.946909, 7.823429, 7.502108 ] }, { "date": "2026-03-13", "close": 7.92, "volume": 9500, "typical_volume": 52150.0, "trend": 6.965, "fair_value": 3.808558, "relative_strength": 35.47198, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 59.626002, "energy": 47.889947, "activity_lines": [ 8.036, 7.951273, 7.844571, 7.571828 ] }, { "date": "2026-03-20", "close": 8.12, "volume": 17750, "typical_volume": 46887.5, "trend": 7.096, "fair_value": 3.849712, "relative_strength": 41.88793, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 62.22635, "energy": 46.076385, "activity_lines": [ 8.074667, 7.986182, 7.879238, 7.646344 ] }, { "date": "2026-03-27", "close": 8.3, "volume": 22750, "typical_volume": 43575.0, "trend": 7.227667, "fair_value": 3.891506, "relative_strength": 41.254352, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 67.382052, "energy": 47.394893, "activity_lines": [ 8.156, 8.049091, 7.928095, 7.724022 ] }, { "date": "2026-04-03", "close": 8.82, "volume": 23500, "typical_volume": 36675.0, "trend": 7.373667, "fair_value": 3.935833, "relative_strength": 40.925811, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 81.461768, "energy": 55.965934, "activity_lines": [ 8.386667, 8.204727, 8.023143, 7.826753 ] }, { "date": "2026-04-10", "close": 9.62, "volume": 39250, "typical_volume": 35837.5, "trend": 7.538333, "fair_value": 3.984487, "relative_strength": 45.282184, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 91.557633, "energy": 85.067896, "activity_lines": [ 8.829333, 8.490909, 8.188571, 7.971677 ] }, { "date": "2026-04-17", "close": 10.45, "volume": 88500, "typical_volume": 37387.5, "trend": 7.722333, "fair_value": 4.038462, "relative_strength": 51.343639, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 94.897046, "energy": 97.018667, "activity_lines": [ 9.460667, 8.890909, 8.423429, 8.159527 ] }, { "date": "2026-04-24", "close": 11.3, "volume": 71750, "typical_volume": 32950.0, "trend": 7.920333, "fair_value": 4.097756, "relative_strength": 64.742056, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 96.561645, "energy": 98.398102, "activity_lines": [ 10.206667, 9.394, 8.725762, 8.390344 ] }, { "date": "2026-05-01", "close": 11.85, "volume": 101000, "typical_volume": 34412.5, "trend": 8.106667, "fair_value": 4.160641, "relative_strength": 67.309357, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 93.026405, "energy": 97.252887, "activity_lines": [ 10.924, 9.934545, 9.062857, 8.643871 ] }, { "date": "2026-05-08", "close": 12.05, "volume": 65750, "typical_volume": 36325.0, "trend": 8.289667, "fair_value": 4.225064, "relative_strength": 63.187653, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 85.085922, "energy": 94.309024, "activity_lines": [ 11.471333, 10.440364, 9.398762, 8.89828 ] }, { "date": "2026-05-15", "close": 11.9, "volume": 11000, "typical_volume": 35275.0, "trend": 8.476333, "fair_value": 4.288558, "relative_strength": 58.518787, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 73.967225, "energy": 88.751859, "activity_lines": [ 11.753333, 10.845273, 9.699381, 9.131204 ] }, { "date": "2026-05-22", "close": 11.55, "volume": 4500, "typical_volume": 34400.0, "trend": 8.636, "fair_value": 4.349872, "relative_strength": 49.835731, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 68.071365, "energy": 67.82159, "activity_lines": [ 11.766667, 11.121091, 9.945619, 9.329505 ] }, { "date": "2026-05-29", "close": 11.4, "volume": 30000, "typical_volume": 33875.0, "trend": 8.766, "fair_value": 4.409231, "relative_strength": 43.773244, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.717236, "energy": 65.100091, "activity_lines": [ 11.656667, 11.303636, 10.158762, 9.507828 ] }, { "date": "2026-06-05", "close": 11.55, "volume": 1500, "typical_volume": 32900.0, "trend": 8.897667, "fair_value": 4.470385, "relative_strength": 43.533164, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.867313, "energy": 60.4827, "activity_lines": [ 11.59, 11.453818, 10.369333, 9.687441 ] }, { "date": "2026-06-12", "close": 11.5, "volume": 3250, "typical_volume": 32137.5, "trend": 9.027667, "fair_value": 4.531378, "relative_strength": 36.403772, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 50.682878, "energy": 50.859088, "activity_lines": [ 11.526667, 11.535818, 10.55919, 9.855333 ] }, { "date": "2026-06-19", "close": 13.3, "volume": 5750, "typical_volume": 30787.5, "trend": 9.217667, "fair_value": 4.603494, "relative_strength": 51.017436, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 83.958483, "energy": 65.734673, "activity_lines": [ 12.1, 11.896364, 10.90381, 10.130968 ] }, { "date": "2026-06-26", "close": 14.35, "volume": 11000, "typical_volume": 30187.5, "trend": 9.442, "fair_value": 4.682147, "relative_strength": 64.701037, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 86.473264, "energy": 71.700862, "activity_lines": [ 12.93, 12.380909, 11.32119, 10.462086 ] }, { "date": "2026-07-03", "close": 14.8, "volume": 4000, "typical_volume": 28712.5, "trend": 9.682, "fair_value": 4.762917, "relative_strength": 61.645079, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 85.276392, "energy": 89.86222, "activity_lines": [ 13.723333, 12.876364, 11.749381, 10.807763 ] }, { "date": "2026-07-10", "close": 14.05, "volume": 15750, "typical_volume": 28212.5, "trend": 9.897, "fair_value": 4.83984, "relative_strength": 51.175621, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.919327, "energy": 86.306133, "activity_lines": [ 14.04, 13.171818, 12.073095, 11.08957 ] }, { "date": "2026-07-17", "close": 13.2, "volume": 25750, "typical_volume": 28487.5, "trend": 10.082333, "fair_value": 4.911442, "relative_strength": 41.584072, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.089845, "energy": 79.515366, "activity_lines": [ 13.906667, 13.272727, 12.286762, 11.302667 ] }, { "date": "2026-07-24", "close": 13.0, "volume": 26000, "typical_volume": 28912.5, "trend": 10.266333, "fair_value": 4.981442, "relative_strength": 37.39752, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.490222, "energy": 61.376795, "activity_lines": [ 13.593333, 13.316364, 12.456619, 11.490903 ] }, { "date": "2026-07-31", "close": 13.0, "volume": 22000, "typical_volume": 29537.5, "trend": 10.446333, "fair_value": 5.052212, "relative_strength": 34.288606, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 50.608013, "energy": 47.848064, "activity_lines": [ 13.3, 13.34, 12.604095, 11.667269 ] }, { "date": "2026-08-07", "close": 12.95, "volume": 27500, "typical_volume": 30025.0, "trend": 10.616, "fair_value": 5.122564, "relative_strength": 28.028801, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 44.562755, "energy": 36.279354, "activity_lines": [ 13.08, 13.328182, 12.722619, 11.828796 ] } ], "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." } } }