{ "ticker": { "uuid": "da3c6626-89fb-4096-b560-2534a860f5ef", "symbol": "LHA", "name": "Deutsche Lufthansa AG", "exchange": "GER", "country": "DE", "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": "^GDAXI", "stage": 2, "stage_name": "Advancing", "phase": "2b", "phase_label": "Stage 2B \u00b7 Advancing", "transition": "stage_2_healthy", "transition_label": "Stage 2 trend intact", "confidence": 51.624, "architecture_regime": "deceleration", "architecture_regime_label": "Deceleration", "architecture_modifier": "Recompressing", "architecture_gate": "up", "architecture_direction": 28.536, "architecture_energy": 23.573, "architecture_maturity": 57.673, "architecture_confidence": 77.338, "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": 47.02, "rotation_up": 21.84, "upward_expansion": 56.13, "deceleration": 91.1, "rotation_down": 34.82, "downward_expansion": 22.13 }, "activity_lines": [ 8.776267, 9.026873, 8.694353, 8.447071 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.0 }, "latest_close": 8.342, "trend_reference": 8.27237, "distance_from_trend": 0.008417, "trend_direction": "Improving", "fair_value": 6.801917, "distance_from_fair_value": 0.226419, "fair_value_direction": "Improving", "relative_strength": -3.241987, "relative_strength_direction": "Weakening", "price_momentum": -0.057954, "excess_performance": -0.122594, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.008417, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.046745, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.226419, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.064166, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.03242, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.063798, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.057954, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.693728, "read": "Supply-led" } ], "volume": { "latest": 46637350, "relative_activity": 1.953794, "balance": 0.693728, "dry_up": 1.019153, "accumulation_observations": 2, "distribution_observations": 2 }, "risk": { "range_context": 0.079053, "annualized_volatility": 0.394352, "from_high_reference": -0.188916, "from_low_reference": 0.290619 }, "levels": { "trend_reference": 8.27237, "fair_value_reference": 6.801917, "structural_low": 6.721183, "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 10, "median_return": 0.023849, "positive_rate": 0.6, "directional_follow_through": 0.6, "median_excess_return": 0.002056, "regime_survival": 0.6, "best_return": 0.132126, "worst_return": -0.049019, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 5, "median_return": 0.153432, "positive_rate": 0.6, "directional_follow_through": 0.6, "median_excess_return": 0.125978, "regime_survival": 0.2, "best_return": 0.256674, "worst_return": -0.191196, "sufficient": true }, { "horizon": "Extended", "sample_count": 3, "median_return": 0.044368, "positive_rate": 0.666667, "directional_follow_through": 0.666667, "median_excess_return": 0.032923, "regime_survival": 0.666667, "best_return": 0.122726, "worst_return": -0.252261, "sufficient": false }, { "horizon": "Full cycle", "sample_count": 2, "median_return": -0.052111, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": -0.161666, "regime_survival": 0.5, "best_return": 0.172539, "worst_return": -0.276761, "sufficient": false } ], "ledger": [ { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-11-29", "end": "2025-01-10", "tenure": "Developing", "return": -0.113952, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-01-17", "end": "2025-01-31", "tenure": "New", "return": 0.08109, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-02-07", "end": "2025-02-21", "tenure": "New", "return": -0.043387, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-02-28", "end": "2025-04-18", "tenure": "Developing", "return": -0.110049, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-04-25", "end": "2025-06-06", "tenure": "Developing", "return": 0.157336, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-06-13", "end": "2025-09-12", "tenure": "Established", "return": 0.081372, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-09-19", "end": "2025-11-28", "tenure": "Developing", "return": 0.113055, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-12-05", "end": "2026-03-20", "tenure": "Established", "return": -0.107438, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2026-03-27", "end": "2026-04-17", "tenure": "New", "return": 0.097362, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-04-24", "end": "2026-05-15", "tenure": "New", "return": 0.103428, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-05-22", "end": "2026-06-05", "tenure": "New", "return": 0.069202, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2026-06-12", "end": "2026-06-26", "tenure": "New", "return": 0.159839, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-07-03", "end": "2026-07-31", "tenure": "Developing", "return": -0.094226, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-08-07", "end": "2026-08-07", "tenure": "New", "return": 0.0, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 7.413106, "volume": 12164622, "typical_volume": 18793320.4, "trend": 8.263874, "fair_value": 6.416553, "relative_strength": -4.227209, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -70.213945, "energy": 58.847446, "activity_lines": [ 7.589371, 7.714797, 7.90264, 8.069251 ] }, { "date": "2023-08-25", "close": 7.096741, "volume": 16385719, "typical_volume": 18944934.75, "trend": 8.21547, "fair_value": 6.425945, "relative_strength": -8.860493, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -80.2397, "energy": 76.919189, "activity_lines": [ 7.404401, 7.579598, 7.809086, 7.993952 ] }, { "date": "2023-09-01", "close": 7.210667, "volume": 17344638, "typical_volume": 18786441.95, "trend": 8.166569, "fair_value": 6.4357, "relative_strength": -8.814213, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -69.415907, "energy": 72.959479, "activity_lines": [ 7.301341, 7.486019, 7.735464, 7.929126 ] }, { "date": "2023-09-08", "close": 7.072203, "volume": 20412457, "typical_volume": 19004896.1, "trend": 8.1276, "fair_value": 6.446972, "relative_strength": -10.094732, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -73.312668, "energy": 76.766191, "activity_lines": [ 7.198866, 7.382928, 7.654004, 7.858522 ] }, { "date": "2023-09-15", "close": 7.086226, "volume": 22366335, "typical_volume": 19296010.55, "trend": 8.079576, "fair_value": 6.457909, "relative_strength": -10.882675, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -68.816191, "energy": 73.701916, "activity_lines": [ 7.130569, 7.303243, 7.580854, 7.791337 ] }, { "date": "2023-09-22", "close": 7.129167, "volume": 22927007, "typical_volume": 19201211.95, "trend": 8.035116, "fair_value": 6.475344, "relative_strength": -8.592737, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.709485, "energy": 57.103985, "activity_lines": [ 7.115028, 7.2462, 7.518653, 7.73002 ] }, { "date": "2023-09-29", "close": 6.577938, "volume": 31415489, "typical_volume": 20074509.85, "trend": 7.951745, "fair_value": 6.489237, "relative_strength": -14.722685, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -82.601438, "energy": 68.642733, "activity_lines": [ 6.934674, 7.099402, 7.408395, 7.636008 ] }, { "date": "2023-10-06", "close": 6.487673, "volume": 21241495, "typical_volume": 20249674.25, "trend": 7.859114, "fair_value": 6.498647, "relative_strength": -15.006122, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -80.430722, "energy": 77.940081, "activity_lines": [ 6.758818, 6.957608, 7.296434, 7.541552 ] }, { "date": "2023-10-13", "close": 6.231777, "volume": 24545903, "typical_volume": 20533274.6, "trend": 7.789122, "fair_value": 6.5083, "relative_strength": -17.981556, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -83.625309, "energy": 88.220734, "activity_lines": [ 6.545863, 6.795179, 7.169237, 7.436563 ] }, { "date": "2023-10-20", "close": 5.811125, "volume": 25228771, "typical_volume": 20808964.75, "trend": 7.709198, "fair_value": 6.511497, "relative_strength": -21.331485, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -88.35106, "energy": 93.98776, "activity_lines": [ 6.24872, 6.579595, 7.010788, 7.30895 ] }, { "date": "2023-10-27", "close": 5.877728, "volume": 22161902, "typical_volume": 21143728.8, "trend": 7.605408, "fair_value": 6.519619, "relative_strength": -19.670184, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -78.206655, "energy": 90.858562, "activity_lines": [ 6.058784, 6.409789, 6.869832, 7.190791 ] }, { "date": "2023-11-03", "close": 6.600723, "volume": 39958853, "typical_volume": 22087073.15, "trend": 7.525309, "fair_value": 6.532118, "relative_strength": -12.676673, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.086187, "energy": 78.338992, "activity_lines": [ 6.193275, 6.399352, 6.808069, 7.125972 ] }, { "date": "2023-11-10", "close": 6.625261, "volume": 26107443, "typical_volume": 22563656.8, "trend": 7.468346, "fair_value": 6.537703, "relative_strength": -12.555342, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.540442, "energy": 56.736007, "activity_lines": [ 6.334427, 6.402395, 6.756481, 7.067905 ] }, { "date": "2023-11-17", "close": 7.009982, "volume": 22670926, "typical_volume": 23007523.6, "trend": 7.417459, "fair_value": 6.544736, "relative_strength": -11.439897, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -44.48156, "energy": 32.040106, "activity_lines": [ 6.594647, 6.486032, 6.748423, 7.038333 ] }, { "date": "2023-11-24", "close": 6.864507, "volume": 17871042, "typical_volume": 23011690.9, "trend": 7.362044, "fair_value": 6.548366, "relative_strength": -13.78197, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -33.699746, "energy": 30.266478, "activity_lines": [ 6.754495, 6.544349, 6.732269, 7.002658 ] }, { "date": "2023-12-01", "close": 7.20541, "volume": 28009047, "typical_volume": 23355900.8, "trend": 7.333504, "fair_value": 6.554082, "relative_strength": -11.437804, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -11.833594, "energy": 23.934791, "activity_lines": [ 6.957751, 6.668681, 6.753522, 6.992553 ] }, { "date": "2023-12-08", "close": 7.329853, "volume": 26664074, "typical_volume": 23880236.95, "trend": 7.31031, "fair_value": 6.562579, "relative_strength": -11.738948, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": 7.196017, "energy": 25.826649, "activity_lines": [ 7.113977, 6.814252, 6.789007, 6.992317 ] }, { "date": "2023-12-15", "close": 7.130919, "volume": 25514960, "typical_volume": 24234562.5, "trend": 7.267806, "fair_value": 6.569465, "relative_strength": -13.824581, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -2.750355, "energy": 22.862324, "activity_lines": [ 7.155282, 6.909982, 6.807573, 6.980744 ] }, { "date": "2023-12-22", "close": 7.04679, "volume": 15816716, "typical_volume": 22795561.55, "trend": 7.233307, "fair_value": 6.575106, "relative_strength": -14.31847, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -2.822675, "energy": 20.423045, "activity_lines": [ 7.134834, 6.97872, 6.821845, 6.966485 ] }, { "date": "2023-12-29", "close": 7.052924, "volume": 6327768, "typical_volume": 22256758.35, "trend": 7.196646, "fair_value": 6.576957, "relative_strength": -14.249826, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -3.318505, "energy": 17.236981, "activity_lines": [ 7.113977, 7.033756, 6.83893, 6.954847 ] }, { "date": "2024-01-05", "close": 6.827699, "volume": 18452585, "typical_volume": 22571156.5, "trend": 7.155954, "fair_value": 6.578788, "relative_strength": -15.911859, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -19.838226, "energy": 12.783305, "activity_lines": [ 7.005483, 7.025263, 6.837469, 6.931044 ] }, { "date": "2024-01-12", "close": 6.592836, "volume": 19082056, "typical_volume": 22705973.35, "trend": 7.100831, "fair_value": 6.578873, "relative_strength": -18.97714, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -41.77597, "energy": 23.832168, "activity_lines": [ 6.843883, 6.956795, 6.816428, 6.894714 ] }, { "date": "2024-01-19", "close": 6.339569, "volume": 19034131, "typical_volume": 22790448.0, "trend": 7.043079, "fair_value": 6.579563, "relative_strength": -20.837915, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -57.072517, "energy": 37.916264, "activity_lines": [ 6.646995, 6.842423, 6.773666, 6.8456 ] }, { "date": "2024-01-26", "close": 6.79878, "volume": 20572746, "typical_volume": 22798462.45, "trend": 6.995727, "fair_value": 6.580467, "relative_strength": -16.595266, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -40.565331, "energy": 31.743702, "activity_lines": [ 6.655934, 6.816737, 6.778787, 6.829839 ] }, { "date": "2024-02-02", "close": 6.895179, "volume": 15289936, "typical_volume": 22444642.5, "trend": 6.962162, "fair_value": 6.580164, "relative_strength": -14.673915, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -33.098534, "energy": 26.395057, "activity_lines": [ 6.71354, 6.812419, 6.79439, 6.823352 ] }, { "date": "2024-02-09", "close": 6.588454, "volume": 15734851, "typical_volume": 22085034.7, "trend": 6.924946, "fair_value": 6.57964, "relative_strength": -18.017265, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -54.278096, "energy": 31.686426, "activity_lines": [ 6.67942, 6.751775, 6.781691, 6.799242 ] }, { "date": "2024-02-16", "close": 6.494684, "volume": 15301619, "typical_volume": 21279341.2, "trend": 6.88291, "fair_value": 6.57701, "relative_strength": -19.527051, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -57.103817, "energy": 29.073196, "activity_lines": [ 6.629993, 6.6853, 6.762636, 6.771483 ] }, { "date": "2024-02-23", "close": 6.468393, "volume": 22672750, "typical_volume": 21350903.95, "trend": 6.834798, "fair_value": 6.569221, "relative_strength": -20.642746, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -57.659152, "energy": 34.35576, "activity_lines": [ 6.578347, 6.629229, 6.741475, 6.74474 ] }, { "date": "2024-03-01", "close": 6.301885, "volume": 23787337, "typical_volume": 21312975.65, "trend": 6.794369, "fair_value": 6.56253, "relative_strength": -23.345398, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.547706, "energy": 58.306973, "activity_lines": [ 6.462609, 6.554929, 6.704546, 6.710358 ] }, { "date": "2024-03-08", "close": 5.974128, "volume": 36171305, "typical_volume": 21860102.35, "trend": 6.738078, "fair_value": 6.553035, "relative_strength": -26.85116, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -79.466779, "energy": 74.595863, "activity_lines": [ 6.270745, 6.434582, 6.63607, 6.65744 ] }, { "date": "2024-03-15", "close": 5.980262, "volume": 39052629, "typical_volume": 22704638.7, "trend": 6.690316, "fair_value": 6.545124, "relative_strength": -26.563886, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -77.403693, "energy": 79.280631, "activity_lines": [ 6.14233, 6.334964, 6.567401, 6.608548 ] }, { "date": "2024-03-22", "close": 6.19234, "volume": 28532876, "typical_volume": 22133339.85, "trend": 6.660169, "fair_value": 6.540978, "relative_strength": -24.41622, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.540824, "energy": 74.147288, "activity_lines": [ 6.125153, 6.289313, 6.518441, 6.576421 ] }, { "date": "2024-03-29", "close": 6.380758, "volume": 25043504, "typical_volume": 22080142.9, "trend": 6.632506, "fair_value": 6.537907, "relative_strength": -22.561212, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.566457, "energy": 60.573867, "activity_lines": [ 6.190938, 6.285203, 6.489372, 6.558394 ] }, { "date": "2024-04-05", "close": 6.06264, "volume": 22313687, "typical_volume": 22062280.95, "trend": 6.598854, "fair_value": 6.532267, "relative_strength": -24.341171, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.896826, "energy": 46.355847, "activity_lines": [ 6.156527, 6.222503, 6.431169, 6.521629 ] }, { "date": "2024-04-12", "close": 6.027585, "volume": 39990098, "typical_volume": 23168233.75, "trend": 6.563566, "fair_value": 6.528288, "relative_strength": -23.111222, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.761261, "energy": 42.88128, "activity_lines": [ 6.12638, 6.166815, 6.374139, 6.484773 ] }, { "date": "2024-04-19", "close": 5.885616, "volume": 60721180, "typical_volume": 24803840.4, "trend": 6.522114, "fair_value": 6.524448, "relative_strength": -23.412529, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -68.734762, "energy": 45.897252, "activity_lines": [ 6.045346, 6.101088, 6.307573, 6.441034 ] }, { "date": "2024-04-26", "close": 5.868088, "volume": 22173790, "typical_volume": 24579326.2, "trend": 6.498452, "fair_value": 6.519013, "relative_strength": -24.712032, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -68.177573, "energy": 61.412157, "activity_lines": [ 5.96478, 6.044953, 6.245623, 6.398839 ] }, { "date": "2024-05-03", "close": 5.982015, "volume": 25498295, "typical_volume": 24578492.95, "trend": 6.481597, "fair_value": 6.512304, "relative_strength": -21.966566, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -60.65412, "energy": 56.933667, "activity_lines": [ 5.943806, 6.020925, 6.201484, 6.36552 ] }, { "date": "2024-05-10", "close": 6.112343, "volume": 36016309, "typical_volume": 25588472.6, "trend": 6.477616, "fair_value": 6.508042, "relative_strength": -22.920078, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -57.891718, "energy": 42.264213, "activity_lines": [ 5.992857, 6.029436, 6.175228, 6.341697 ] }, { "date": "2024-05-17", "close": 6.116009, "volume": 23735080, "typical_volume": 26458838.2, "trend": 6.487779, "fair_value": 6.506505, "relative_strength": -21.918038, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -52.510896, "energy": 33.191527, "activity_lines": [ 6.039817, 6.04206, 6.153771, 6.318368 ] }, { "date": "2024-05-24", "close": 5.839176, "volume": 23848834, "typical_volume": 26728650.65, "trend": 6.486494, "fair_value": 6.501093, "relative_strength": -24.740351, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.603851, "energy": 35.819783, "activity_lines": [ 5.988604, 6.001771, 6.11041, 6.276523 ] }, { "date": "2024-05-31", "close": 5.886842, "volume": 33831970, "typical_volume": 27466146.35, "trend": 6.462698, "fair_value": 6.495818, "relative_strength": -22.64456, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -56.950236, "energy": 33.785502, "activity_lines": [ 5.956376, 5.972714, 6.076296, 6.237835 ] }, { "date": "2024-06-07", "close": 5.771342, "volume": 31013155, "typical_volume": 28065097.55, "trend": 6.434234, "fair_value": 6.489675, "relative_strength": -23.714343, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.763165, "energy": 41.046261, "activity_lines": [ 5.884398, 5.928211, 6.034544, 6.193232 ] }, { "date": "2024-06-14", "close": 5.404675, "volume": 48494020, "typical_volume": 29461161.25, "trend": 6.380723, "fair_value": 6.482897, "relative_strength": -25.642269, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -78.260607, "energy": 68.390129, "activity_lines": [ 5.704242, 5.828122, 5.960578, 6.126809 ] }, { "date": "2024-06-21", "close": 5.248841, "volume": 39793375, "typical_volume": 30686333.2, "trend": 6.326868, "fair_value": 6.477037, "relative_strength": -27.667112, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -80.670195, "energy": 78.912239, "activity_lines": [ 5.519319, 5.711662, 5.878408, 6.053784 ] }, { "date": "2024-06-28", "close": 5.234175, "volume": 30687643, "typical_volume": 31433972.8, "trend": 6.26116, "fair_value": 6.471202, "relative_strength": -27.377786, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -77.179498, "energy": 82.700227, "activity_lines": [ 5.387319, 5.606695, 5.802682, 5.983288 ] }, { "date": "2024-07-05", "close": 5.527509, "volume": 29266480, "typical_volume": 32132215.85, "trend": 6.201082, "fair_value": 6.466318, "relative_strength": -23.533032, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.998755, "energy": 74.813492, "activity_lines": [ 5.393431, 5.566906, 5.761341, 5.935955 ] }, { "date": "2024-07-12", "close": 5.355175, "volume": 38102062, "typical_volume": 32903681.45, "trend": 6.14189, "fair_value": 6.461645, "relative_strength": -26.296399, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.717708, "energy": 64.516957, "activity_lines": [ 5.366053, 5.501975, 5.708192, 5.881381 ] }, { "date": "2024-07-19", "close": 5.291008, "volume": 34453260, "typical_volume": 33436977.6, "trend": 6.083364, "fair_value": 6.456075, "relative_strength": -24.161857, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.208174, "energy": 53.622088, "activity_lines": [ 5.345031, 5.436775, 5.654234, 5.826485 ] }, { "date": "2024-07-26", "close": 5.419342, "volume": 28019807, "typical_volume": 33029402.7, "trend": 6.028912, "fair_value": 6.452534, "relative_strength": -22.637047, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -58.914078, "energy": 43.790156, "activity_lines": [ 5.374364, 5.409842, 5.617312, 5.783645 ] }, { "date": "2024-08-02", "close": 5.098508, "volume": 29126672, "typical_volume": 32533104.85, "trend": 5.971272, "fair_value": 6.447606, "relative_strength": -23.393668, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -72.593455, "energy": 51.321829, "activity_lines": [ 5.285386, 5.337242, 5.552476, 5.723619 ] }, { "date": "2024-08-09", "close": 5.142508, "volume": 22789187, "typical_volume": 32245920.4, "trend": 5.922928, "fair_value": 6.443446, "relative_strength": -22.232087, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.24331, "energy": 50.389707, "activity_lines": [ 5.220119, 5.286108, 5.496029, 5.67015 ] }, { "date": "2024-08-16", "close": 5.093008, "volume": 14944313, "typical_volume": 31740960.85, "trend": 5.881376, "fair_value": 6.441814, "relative_strength": -24.732581, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.556356, "energy": 51.739895, "activity_lines": [ 5.164019, 5.239508, 5.439867, 5.616607 ] }, { "date": "2024-08-23", "close": 5.221342, "volume": 13297989, "typical_volume": 31290175.95, "trend": 5.828794, "fair_value": 6.440208, "relative_strength": -23.429785, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -60.90234, "energy": 52.34575, "activity_lines": [ 5.168175, 5.228575, 5.402059, 5.574024 ] }, { "date": "2024-08-30", "close": 5.397342, "volume": 19761676, "typical_volume": 30278754.85, "trend": 5.778866, "fair_value": 6.441582, "relative_strength": -21.293051, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -55.558756, "energy": 39.429502, "activity_lines": [ 5.235642, 5.252975, 5.38502, 5.546189 ] }, { "date": "2024-09-06", "close": 5.311175, "volume": 22495457, "typical_volume": 28367468.7, "trend": 5.73629, "fair_value": 6.443397, "relative_strength": -19.308528, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -42.668932, "energy": 28.557575, "activity_lines": [ 5.275853, 5.259008, 5.362776, 5.516015 ] }, { "date": "2024-09-13", "close": 5.393675, "volume": 20349681, "typical_volume": 28276263.25, "trend": 5.69959, "fair_value": 6.445057, "relative_strength": -19.116229, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -36.538262, "energy": 19.521743, "activity_lines": [ 5.329386, 5.278642, 5.351123, 5.493911 ] }, { "date": "2024-09-20", "close": 5.786008, "volume": 35639858, "typical_volume": 28783341.4, "trend": 5.676844, "fair_value": 6.447131, "relative_strength": -12.625449, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -3.869245, "energy": 13.887183, "activity_lines": [ 5.496953, 5.372042, 5.379096, 5.499486 ] }, { "date": "2024-09-27", "close": 6.119676, "volume": 27143126, "typical_volume": 28339682.25, "trend": 5.67077, "fair_value": 6.451379, "relative_strength": -10.612717, "stage": 1, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "mixed", "direction": 39.959991, "energy": 37.754413, "activity_lines": [ 5.729542, 5.518275, 5.439779, 5.528056 ] }, { "date": "2024-10-04", "close": 5.701675, "volume": 40369250, "typical_volume": 29171390.75, "trend": 5.661689, "fair_value": 6.45552, "relative_strength": -14.584971, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 18.590538, "energy": 32.354323, "activity_lines": [ 5.762909, 5.573442, 5.460618, 5.53005 ] }, { "date": "2024-10-11", "close": 5.90151, "volume": 19576177, "typical_volume": 28957757.9, "trend": 5.659064, "fair_value": 6.459571, "relative_strength": -12.234187, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 27.405289, "energy": 48.711389, "activity_lines": [ 5.842598, 5.659809, 5.502462, 5.545522 ] }, { "date": "2024-10-18", "close": 6.202176, "volume": 25487552, "typical_volume": 28540537.0, "trend": 5.659391, "fair_value": 6.468611, "relative_strength": -8.702817, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 40.621989, "energy": 63.136652, "activity_lines": [ 5.983154, 5.786242, 5.572644, 5.580562 ] }, { "date": "2024-10-25", "close": 6.163676, "volume": 18254762, "typical_volume": 27902617.35, "trend": 5.652155, "fair_value": 6.476033, "relative_strength": -7.938417, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 43.975056, "energy": 59.459342, "activity_lines": [ 6.056976, 5.886409, 5.637657, 5.613096 ] }, { "date": "2024-11-01", "close": 5.659509, "volume": 36658972, "typical_volume": 27310864.95, "trend": 5.638718, "fair_value": 6.473404, "relative_strength": -13.875705, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 31.552868, "energy": 33.852258, "activity_lines": [ 5.937565, 5.875442, 5.652787, 5.61357 ] }, { "date": "2024-11-08", "close": 5.784175, "volume": 23814735, "typical_volume": 26511932.95, "trend": 5.630604, "fair_value": 6.473687, "relative_strength": -11.127272, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 27.425681, "energy": 26.268332, "activity_lines": [ 5.890387, 5.879176, 5.678575, 5.622955 ] }, { "date": "2024-11-15", "close": 5.881342, "volume": 20062854, "typical_volume": 25980693.5, "trend": 5.630462, "fair_value": 6.477406, "relative_strength": -8.918348, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 41.431403, "energy": 24.336635, "activity_lines": [ 5.870098, 5.893542, 5.711069, 5.639131 ] }, { "date": "2024-11-22", "close": 5.551342, "volume": 20377404, "typical_volume": 25536239.7, "trend": 5.619903, "fair_value": 6.482566, "relative_strength": -13.831388, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 25.976029, "energy": 18.800535, "activity_lines": [ 5.741153, 5.837542, 5.709052, 5.634027 ] }, { "date": "2024-11-29", "close": 5.808009, "volume": 21043005, "typical_volume": 24683286.85, "trend": 5.614103, "fair_value": 6.48785, "relative_strength": -10.502404, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 29.951012, "energy": 17.057736, "activity_lines": [ 5.741153, 5.825342, 5.731367, 5.646163 ] }, { "date": "2024-12-06", "close": 6.112343, "volume": 26995222, "typical_volume": 24310384.95, "trend": 5.614103, "fair_value": 6.493224, "relative_strength": -8.584794, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 47.384089, "energy": 22.970326, "activity_lines": [ 5.866309, 5.868076, 5.780509, 5.678307 ] }, { "date": "2024-12-13", "close": 6.18751, "volume": 21951467, "typical_volume": 24006967.95, "trend": 5.616486, "fair_value": 6.499378, "relative_strength": -6.888696, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 59.015463, "energy": 32.815877, "activity_lines": [ 5.986332, 5.924609, 5.832899, 5.715301 ] }, { "date": "2024-12-20", "close": 5.688842, "volume": 32756997, "typical_volume": 24188484.2, "trend": 5.611475, "fair_value": 6.500515, "relative_strength": -11.439297, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 42.876742, "energy": 26.755652, "activity_lines": [ 5.913243, 5.881642, 5.834138, 5.719969 ] }, { "date": "2024-12-27", "close": 5.624675, "volume": 8863776, "typical_volume": 23492213.65, "trend": 5.602736, "fair_value": 6.501854, "relative_strength": -12.144506, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 33.848187, "energy": 19.479485, "activity_lines": [ 5.831598, 5.830876, 5.826456, 5.720821 ] }, { "date": "2025-01-03", "close": 5.531175, "volume": 12729390, "typical_volume": 23381467.5, "trend": 5.594731, "fair_value": 6.497616, "relative_strength": -12.564221, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 2.125955, "energy": 6.904884, "activity_lines": [ 5.713898, 5.773609, 5.807572, 5.716204 ] }, { "date": "2025-01-10", "close": 5.146174, "volume": 50322350, "typical_volume": 25232685.55, "trend": 5.586114, "fair_value": 6.489926, "relative_strength": -19.207626, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -35.612449, "energy": 36.195171, "activity_lines": [ 5.486319, 5.657842, 5.749936, 5.687265 ] }, { "date": "2025-01-17", "close": 5.313008, "volume": 34363199, "typical_volume": 25962761.7, "trend": 5.588253, "fair_value": 6.485172, "relative_strength": -18.697225, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -27.035896, "energy": 50.000606, "activity_lines": [ 5.378764, 5.581742, 5.708546, 5.669645 ] }, { "date": "2025-01-24", "close": 5.661342, "volume": 30469001, "typical_volume": 26361438.9, "trend": 5.602492, "fair_value": 6.483313, "relative_strength": -14.641874, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -21.224945, "energy": 41.833529, "activity_lines": [ 5.445619, 5.577542, 5.700732, 5.674361 ] }, { "date": "2025-01-31", "close": 5.743842, "volume": 28734743, "typical_volume": 26780692.0, "trend": 5.609703, "fair_value": 6.481696, "relative_strength": -13.976941, "stage": 1, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -12.147309, "energy": 27.665381, "activity_lines": [ 5.541808, 5.592342, 5.699109, 5.68348 ] }, { "date": "2025-02-07", "close": 6.12701, "volume": 38904915, "typical_volume": 26943944.85, "trend": 5.635431, "fair_value": 6.478592, "relative_strength": -7.846803, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 48.778197, "energy": 25.409959, "activity_lines": [ 5.757776, 5.673309, 5.73231, 5.716855 ] }, { "date": "2025-02-14", "close": 6.160009, "volume": 44432823, "typical_volume": 27808429.7, "trend": 5.664398, "fair_value": 6.475756, "relative_strength": -9.738104, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 52.885971, "energy": 38.339173, "activity_lines": [ 5.94502, 5.754475, 5.767029, 5.750698 ] }, { "date": "2025-02-21", "close": 5.861176, "volume": 39578408, "typical_volume": 27768887.6, "trend": 5.679125, "fair_value": 6.472959, "relative_strength": -12.646072, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 50.732637, "energy": 37.617635, "activity_lines": [ 5.965065, 5.780442, 5.773097, 5.763394 ] }, { "date": "2025-02-28", "close": 6.33051, "volume": 47141819, "typical_volume": 29147169.7, "trend": 5.720192, "fair_value": 6.481052, "relative_strength": -6.30856, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 69.980185, "energy": 58.916822, "activity_lines": [ 6.10501, 5.897676, 5.823103, 5.805419 ] }, { "date": "2025-03-07", "close": 7.322345, "volume": 100300014, "typical_volume": 32887792.8, "trend": 5.792853, "fair_value": 6.490526, "relative_strength": 6.332533, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 90.101049, "energy": 82.925148, "activity_lines": [ 6.530955, 6.183576, 5.965527, 5.908783 ] }, { "date": "2025-03-14", "close": 6.931844, "volume": 52054427, "typical_volume": 34577776.05, "trend": 5.854148, "fair_value": 6.494878, "relative_strength": 0.965324, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 74.159831, "energy": 78.298962, "activity_lines": [ 6.721499, 6.36761, 6.065427, 5.982267 ] }, { "date": "2025-03-21", "close": 6.783344, "volume": 39187815, "typical_volume": 34704218.2, "trend": 5.906215, "fair_value": 6.49806, "relative_strength": -0.506396, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.265854, "energy": 77.092261, "activity_lines": [ 6.808888, 6.499177, 6.147525, 6.042215 ] }, { "date": "2025-03-28", "close": 6.414843, "volume": 21893983, "typical_volume": 34608180.6, "trend": 5.940131, "fair_value": 6.49811, "relative_strength": -3.739906, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 61.224029, "energy": 67.559705, "activity_lines": [ 6.731888, 6.533977, 6.189177, 6.075029 ] }, { "date": "2025-04-04", "close": 5.567842, "volume": 42996057, "typical_volume": 35754840.75, "trend": 5.948687, "fair_value": 6.494719, "relative_strength": -8.706259, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 21.765145, "energy": 16.961134, "activity_lines": [ 6.335643, 6.394743, 6.147159, 6.051011 ] }, { "date": "2025-04-11", "close": 5.415675, "volume": 63296810, "typical_volume": 37900811.05, "trend": 5.94942, "fair_value": 6.488994, "relative_strength": -9.621011, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "mixed", "direction": -12.611171, "energy": 18.402421, "activity_lines": [ 5.93952, 6.229543, 6.092141, 6.016623 ] }, { "date": "2025-04-18", "close": 5.633842, "volume": 17328655, "typical_volume": 37715093.55, "trend": 5.944348, "fair_value": 6.484543, "relative_strength": -9.27551, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "mixed", "direction": -8.545159, "energy": 24.371179, "activity_lines": [ 5.743231, 6.109976, 6.058547, 5.996263 ] }, { "date": "2025-04-25", "close": 5.943676, "volume": 19570760, "typical_volume": 37343870.45, "trend": 5.938481, "fair_value": 6.48246, "relative_strength": -8.410586, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -6.840684, "energy": 23.89883, "activity_lines": [ 5.736753, 6.055709, 6.055291, 5.99622 ] }, { "date": "2025-05-02", "close": 5.925343, "volume": 33375353, "typical_volume": 37915064.75, "trend": 5.945937, "fair_value": 6.481619, "relative_strength": -11.591054, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -13.474735, "energy": 20.54541, "activity_lines": [ 5.780142, 6.002043, 6.051092, 5.995372 ] }, { "date": "2025-05-09", "close": 6.034838, "volume": 31829449, "typical_volume": 37868687.35, "trend": 5.950381, "fair_value": 6.481542, "relative_strength": -11.133643, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -9.070199, "energy": 10.022795, "activity_lines": [ 5.892663, 5.967118, 6.058569, 6.001108 ] }, { "date": "2025-05-16", "close": 6.267465, "volume": 33445118, "typical_volume": 39097754.45, "trend": 5.952558, "fair_value": 6.483226, "relative_strength": -8.363282, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 33.18036, "energy": 16.154971, "activity_lines": [ 6.051593, 5.979864, 6.086554, 6.021565 ] }, { "date": "2025-05-23", "close": 6.300148, "volume": 25696786, "typical_volume": 39746124.25, "trend": 5.957107, "fair_value": 6.484956, "relative_strength": -7.06394, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 37.314903, "energy": 21.608986, "activity_lines": [ 6.164632, 6.017733, 6.11459, 6.04399 ] }, { "date": "2025-05-30", "close": 6.773091, "volume": 28348130, "typical_volume": 38647413.25, "trend": 5.994226, "fair_value": 6.491443, "relative_strength": -1.38111, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 55.267069, "energy": 39.025537, "activity_lines": [ 6.390897, 6.153076, 6.184007, 6.096634 ] }, { "date": "2025-06-06", "close": 6.878831, "volume": 27942670, "typical_volume": 38326386.8, "trend": 6.030715, "fair_value": 6.501444, "relative_strength": -0.920316, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 69.910557, "energy": 66.350628, "activity_lines": [ 6.597115, 6.307832, 6.255747, 6.153705 ] }, { "date": "2025-06-13", "close": 6.615444, "volume": 30218560, "typical_volume": 38313864.75, "trend": 6.055185, "fair_value": 6.510285, "relative_strength": -1.394635, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 58.362567, "energy": 64.099609, "activity_lines": [ 6.651972, 6.406262, 6.294947, 6.19143 ] }, { "date": "2025-06-20", "close": 6.58276, "volume": 37598914, "typical_volume": 38757073.3, "trend": 6.089565, "fair_value": 6.518967, "relative_strength": -1.138528, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 58.55635, "energy": 62.73874, "activity_lines": [ 6.657227, 6.479703, 6.32649, 6.225467 ] }, { "date": "2025-06-27", "close": 6.874986, "volume": 31941416, "typical_volume": 38408898.35, "trend": 6.125131, "fair_value": 6.53177, "relative_strength": 0.323915, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.095227, "energy": 60.985197, "activity_lines": [ 6.73887, 6.585056, 6.38187, 6.276139 ] }, { "date": "2025-07-04", "close": 6.882676, "volume": 20534384, "typical_volume": 37213976.4, "trend": 6.150809, "fair_value": 6.543301, "relative_strength": 1.541228, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 64.321089, "energy": 53.580655, "activity_lines": [ 6.784755, 6.669241, 6.43442, 6.325013 ] }, { "date": "2025-07-11", "close": 7.098, "volume": 22601862, "typical_volume": 36365149.1, "trend": 6.181159, "fair_value": 6.554388, "relative_strength": 2.649538, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 72.659313, "energy": 65.740244, "activity_lines": [ 6.895108, 6.775503, 6.504035, 6.386122 ] }, { "date": "2025-07-18", "close": 7.147985, "volume": 20515853, "typical_volume": 35033850.8, "trend": 6.229797, "fair_value": 6.566277, "relative_strength": 3.205148, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 70.272577, "energy": 70.163501, "activity_lines": [ 7.007512, 6.869533, 6.572522, 6.448498 ] }, { "date": "2025-07-25", "close": 7.40176, "volume": 21324763, "typical_volume": 31085088.25, "trend": 6.289033, "fair_value": 6.580052, "relative_strength": 7.104752, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 77.533266, "energy": 77.805114, "activity_lines": [ 7.169005, 6.989464, 6.661285, 6.524109 ] }, { "date": "2025-08-01", "close": 7.017253, "volume": 28427713, "typical_volume": 29903752.55, "trend": 6.338569, "fair_value": 6.58725, "relative_strength": 4.894973, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.547596, "energy": 64.276437, "activity_lines": [ 7.147729, 7.018861, 6.71305, 6.57109 ] }, { "date": "2025-08-08", "close": 7.724747, "volume": 33573212, "typical_volume": 29623022.4, "trend": 6.424521, "fair_value": 6.599758, "relative_strength": 11.727019, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 81.735096, "energy": 71.145865, "activity_lines": [ 7.3528, 7.163855, 6.831789, 6.660521 ] }, { "date": "2025-08-15", "close": 8.018894, "volume": 23452748, "typical_volume": 29700960.65, "trend": 6.514717, "fair_value": 6.615911, "relative_strength": 14.651387, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 84.766672, "energy": 82.163764, "activity_lines": [ 7.599781, 7.345028, 6.974059, 6.763384 ] }, { "date": "2025-08-22", "close": 7.951606, "volume": 17342783, "typical_volume": 28418296.95, "trend": 6.59106, "fair_value": 6.634047, "relative_strength": 13.321289, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 75.968594, "energy": 80.157998, "activity_lines": [ 7.762941, 7.493238, 7.102282, 6.856087 ] }, { "date": "2025-08-29", "close": 7.647845, "volume": 15958112, "typical_volume": 26051362.05, "trend": 6.654526, "fair_value": 6.649692, "relative_strength": 10.838564, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.046381, "energy": 77.510054, "activity_lines": [ 7.771272, 7.561925, 7.190224, 6.924266 ] }, { "date": "2025-09-05", "close": 7.267183, "volume": 23033835, "typical_volume": 26336621.05, "trend": 6.692532, "fair_value": 6.660952, "relative_strength": 6.557901, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 61.037593, "energy": 52.419608, "activity_lines": [ 7.63631, 7.542036, 7.231284, 6.963793 ] }, { "date": "2025-09-12", "close": 7.153753, "volume": 13728665, "typical_volume": 26044516.3, "trend": 6.725657, "fair_value": 6.672721, "relative_strength": 4.353641, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 46.338178, "energy": 35.66779, "activity_lines": [ 7.446876, 7.494392, 7.253762, 6.993549 ] }, { "date": "2025-09-19", "close": 7.142218, "volume": 17575984, "typical_volume": 25254547.85, "trend": 6.768358, "fair_value": 6.68663, "relative_strength": 4.492538, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 36.48882, "energy": 25.607994, "activity_lines": [ 7.291663, 7.439722, 7.26938, 7.020424 ] }, { "date": "2025-09-26", "close": 7.449824, "volume": 19547055, "typical_volume": 24640428.15, "trend": 6.805669, "fair_value": 6.70114, "relative_strength": 8.536662, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 34.642049, "energy": 26.572347, "activity_lines": [ 7.297431, 7.440176, 7.308499, 7.064389 ] }, { "date": "2025-10-03", "close": 7.053782, "volume": 29880909, "typical_volume": 24462217.7, "trend": 6.796717, "fair_value": 6.712342, "relative_strength": 0.130612, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 25.842907, "energy": 21.755845, "activity_lines": [ 7.204637, 7.363135, 7.303162, 7.080397 ] }, { "date": "2025-10-10", "close": 7.065317, "volume": 16121818, "typical_volume": 23983469.3, "trend": 6.801166, "fair_value": 6.721235, "relative_strength": 0.950963, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 13.225624, "energy": 14.487022, "activity_lines": [ 7.155292, 7.294518, 7.295179, 7.097726 ] }, { "date": "2025-10-17", "close": 6.948042, "volume": 15885809, "typical_volume": 23360353.25, "trend": 6.806656, "fair_value": 6.728866, "relative_strength": 1.146671, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 3.037215, "energy": 11.195229, "activity_lines": [ 7.080313, 7.203704, 7.272383, 7.107201 ] }, { "date": "2025-10-24", "close": 6.67312, "volume": 19906145, "typical_volume": 22958527.0, "trend": 6.815265, "fair_value": 6.733335, "relative_strength": -4.229842, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -10.758651, "energy": 21.776718, "activity_lines": [ 6.927407, 7.077027, 7.222571, 7.098586 ] }, { "date": "2025-10-31", "close": 7.299866, "volume": 29649234, "typical_volume": 22930060.7, "trend": 6.872999, "fair_value": 6.740255, "relative_strength": 5.920035, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 10.2369, "energy": 15.444297, "activity_lines": [ 7.01469, 7.088772, 7.233429, 7.129851 ] }, { "date": "2025-11-07", "close": 6.990338, "volume": 27182533, "typical_volume": 22409241.65, "trend": 6.925488, "fair_value": 6.743887, "relative_strength": 3.130572, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 3.120861, "energy": 11.812411, "activity_lines": [ 7.008794, 7.056089, 7.211549, 7.137421 ] }, { "date": "2025-11-14", "close": 7.555563, "volume": 19390053, "typical_volume": 21781673.5, "trend": 6.989545, "fair_value": 6.751109, "relative_strength": 9.962464, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 37.838874, "energy": 16.530888, "activity_lines": [ 7.195536, 7.138128, 7.241558, 7.178071 ] }, { "date": "2025-11-21", "close": 7.634387, "volume": 19449018, "typical_volume": 21727405.2, "trend": 7.045902, "fair_value": 6.757539, "relative_strength": 14.553703, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 46.106622, "energy": 29.860304, "activity_lines": [ 7.37587, 7.229257, 7.275834, 7.219674 ] }, { "date": "2025-11-28", "close": 7.949683, "volume": 24671692, "typical_volume": 21830896.7, "trend": 7.11338, "fair_value": 6.765029, "relative_strength": 15.268341, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 67.25667, "energy": 53.325112, "activity_lines": [ 7.615546, 7.368972, 7.336559, 7.277982 ] }, { "date": "2025-12-05", "close": 7.909309, "volume": 17301080, "typical_volume": 21670158.05, "trend": 7.175863, "fair_value": 6.772378, "relative_strength": 13.548368, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.8137, "energy": 65.770325, "activity_lines": [ 7.75666, 7.486666, 7.389383, 7.329332 ] }, { "date": "2025-12-12", "close": 8.138091, "volume": 22105073, "typical_volume": 21709173.55, "trend": 7.238217, "fair_value": 6.779446, "relative_strength": 15.812462, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 70.146062, "energy": 72.120044, "activity_lines": [ 7.933405, 7.637603, 7.46037, 7.391412 ] }, { "date": "2025-12-19", "close": 8.238063, "volume": 21408453, "typical_volume": 21358210.55, "trend": 7.302814, "fair_value": 6.786734, "relative_strength": 16.334473, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 72.134592, "energy": 73.965023, "activity_lines": [ 8.066957, 7.787001, 7.537372, 7.455918 ] }, { "date": "2025-12-26", "close": 8.093873, "volume": 4464231, "typical_volume": 19902761.5, "trend": 7.34684, "fair_value": 6.794997, "relative_strength": 13.672714, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.012465, "energy": 67.530358, "activity_lines": [ 8.106946, 7.888861, 7.594829, 7.506954 ] }, { "date": "2026-01-02", "close": 8.249599, "volume": 6493927, "typical_volume": 19054820.45, "trend": 7.392532, "fair_value": 6.801134, "relative_strength": 14.480038, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 68.176506, "energy": 68.850258, "activity_lines": [ 8.168211, 7.998201, 7.665358, 7.565197 ] }, { "date": "2026-01-09", "close": 8.526443, "volume": 24423709, "typical_volume": 19408866.75, "trend": 7.456232, "fair_value": 6.80658, "relative_strength": 14.317667, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 74.399733, "energy": 67.641821, "activity_lines": [ 8.301763, 8.129213, 7.761155, 7.638352 ] }, { "date": "2026-01-16", "close": 8.047732, "volume": 21409294, "typical_volume": 19681425.85, "trend": 7.505065, "fair_value": 6.804351, "relative_strength": 7.301009, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 59.332354, "energy": 44.133887, "activity_lines": [ 8.234603, 8.150885, 7.808624, 7.676513 ] }, { "date": "2026-01-23", "close": 8.462999, "volume": 21498331, "typical_volume": 19604650.65, "trend": 7.557998, "fair_value": 6.8038, "relative_strength": 14.077307, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.25355, "energy": 46.782195, "activity_lines": [ 8.311888, 8.228835, 7.893737, 7.738316 ] }, { "date": "2026-01-30", "close": 8.363028, "volume": 15543809, "typical_volume": 19695407.85, "trend": 7.607343, "fair_value": 6.801783, "relative_strength": 13.830167, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 60.369252, "energy": 44.681794, "activity_lines": [ 8.340854, 8.272109, 7.963635, 7.790253 ] }, { "date": "2026-02-06", "close": 8.855197, "volume": 17785389, "typical_volume": 19705878.1, "trend": 7.665917, "fair_value": 6.805719, "relative_strength": 19.05002, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 77.7373, "energy": 54.202326, "activity_lines": [ 8.515933, 8.391621, 8.074648, 7.87076 ] }, { "date": "2026-02-13", "close": 8.75138, "volume": 21996926, "typical_volume": 19828371.65, "trend": 7.719363, "fair_value": 6.807157, "relative_strength": 16.164498, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 70.090113, "energy": 66.840627, "activity_lines": [ 8.616033, 8.475793, 8.167616, 7.94079 ] }, { "date": "2026-02-20", "close": 8.736, "volume": 15404757, "typical_volume": 19104564.05, "trend": 7.763838, "fair_value": 6.808908, "relative_strength": 13.773371, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.31885, "energy": 66.52761, "activity_lines": [ 8.696011, 8.541859, 8.252922, 8.006379 ] }, { "date": "2026-02-27", "close": 8.736, "volume": 21708185, "typical_volume": 19383882.4, "trend": 7.821129, "fair_value": 6.806708, "relative_strength": 13.20324, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 64.564751, "energy": 61.983591, "activity_lines": [ 8.730104, 8.597053, 8.330217, 8.069099 ] }, { "date": "2026-03-06", "close": 7.805493, "volume": 48930123, "typical_volume": 21036098.1, "trend": 7.823821, "fair_value": 6.797342, "relative_strength": 8.318968, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 31.874001, "energy": 23.637317, "activity_lines": [ 8.435828, 8.474011, 8.310936, 8.06809 ] }, { "date": "2026-03-13", "close": 7.311401, "volume": 46304083, "typical_volume": 22355995.0, "trend": 7.800238, "fair_value": 6.790803, "relative_strength": 2.018384, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 2.406715, "energy": 13.410564, "activity_lines": [ 8.014024, 8.266377, 8.240517, 8.035031 ] }, { "date": "2026-03-20", "close": 7.059549, "volume": 40544769, "typical_volume": 22900771.75, "trend": 7.770503, "fair_value": 6.783436, "relative_strength": 3.076986, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "mixed", "direction": -34.730511, "energy": 38.000313, "activity_lines": [ 7.611189, 8.03001, 8.143072, 7.987245 ] }, { "date": "2026-03-27", "close": 7.069162, "volume": 35416462, "typical_volume": 23312468.2, "trend": 7.751213, "fair_value": 6.771114, "relative_strength": 3.381035, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -32.185522, "energy": 42.647749, "activity_lines": [ 7.324346, 7.822062, 8.047686, 7.941997 ] }, { "date": "2026-04-03", "close": 7.211429, "volume": 26941737, "typical_volume": 23690052.4, "trend": 7.749355, "fair_value": 6.759625, "relative_strength": 1.249765, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -24.758876, "energy": 54.838239, "activity_lines": [ 7.196049, 7.657772, 7.965475, 7.907172 ] }, { "date": "2026-04-10", "close": 7.63631, "volume": 30873667, "typical_volume": 24261284.85, "trend": 7.76544, "fair_value": 6.755151, "relative_strength": 3.993443, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -23.575018, "energy": 48.893518, "activity_lines": [ 7.311017, 7.59349, 7.925367, 7.899879 ] }, { "date": "2026-04-17", "close": 7.757429, "volume": 38379065, "typical_volume": 24946653.5, "trend": 7.785947, "fair_value": 6.750157, "relative_strength": 1.495191, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -26.714979, "energy": 25.181671, "activity_lines": [ 7.477636, 7.564442, 7.896786, 7.899362 ] }, { "date": "2026-04-24", "close": 6.96919, "volume": 35224980, "typical_volume": 25842848.5, "trend": 7.769926, "fair_value": 6.740171, "relative_strength": -6.776705, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -39.817722, "energy": 28.697822, "activity_lines": [ 7.351774, 7.412037, 7.794049, 7.846668 ] }, { "date": "2026-05-01", "close": 7.046092, "volume": 19478004, "typical_volume": 25711495.05, "trend": 7.76967, "fair_value": 6.733661, "relative_strength": -6.575665, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -34.19088, "energy": 26.476736, "activity_lines": [ 7.25757, 7.306018, 7.703113, 7.799969 ] }, { "date": "2026-05-08", "close": 7.824718, "volume": 42699164, "typical_volume": 26776030.6, "trend": 7.794983, "fair_value": 6.732373, "relative_strength": 3.137774, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -10.545663, "energy": 13.469081, "activity_lines": [ 7.424446, 7.372293, 7.691532, 7.803521 ] }, { "date": "2026-05-15", "close": 7.69, "volume": 37885978, "typical_volume": 28447117.95, "trend": 7.819715, "fair_value": 6.727783, "relative_strength": 2.641041, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "down", "direction": -36.756897, "energy": 21.942691, "activity_lines": [ 7.50553, 7.430643, 7.669089, 7.796748 ] }, { "date": "2026-05-22", "close": 7.89, "volume": 27624241, "typical_volume": 29503633.65, "trend": 7.860277, "fair_value": 6.726554, "relative_strength": 1.028631, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -26.395457, "energy": 15.101224, "activity_lines": [ 7.649702, 7.527456, 7.667617, 7.801282 ] }, { "date": "2026-05-29", "close": 8.58, "volume": 30039981, "typical_volume": 29784447.25, "trend": 7.902949, "fair_value": 6.729293, "relative_strength": 8.522054, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 25.525935, "energy": 24.150746, "activity_lines": [ 8.015035, 7.739204, 7.733572, 7.847716 ] }, { "date": "2026-06-05", "close": 8.436, "volume": 3070380, "typical_volume": 28867501.55, "trend": 7.951137, "fair_value": 6.731777, "relative_strength": 7.810467, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 24.165123, "energy": 31.169942, "activity_lines": [ 8.224981, 7.897125, 7.785557, 7.882106 ] }, { "date": "2026-06-12", "close": 8.446, "volume": 11370810, "typical_volume": 28361125.5, "trend": 7.980819, "fair_value": 6.733056, "relative_strength": 8.075844, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 26.159006, "energy": 43.293196, "activity_lines": [ 8.3456, 8.032013, 7.836645, 7.914033 ] }, { "date": "2026-06-19", "close": 9.064, "volume": 9572653, "typical_volume": 28062567.7, "trend": 8.028472, "fair_value": 6.739414, "relative_strength": 13.798924, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 41.458673, "energy": 61.44751, "activity_lines": [ 8.6308, 8.256817, 7.946672, 7.983915 ] }, { "date": "2026-06-26", "close": 9.796, "volume": 5109765, "typical_volume": 27428786.5, "trend": 8.090016, "fair_value": 6.74952, "relative_strength": 23.729016, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 88.317953, "energy": 84.855212, "activity_lines": [ 9.0684, 8.588755, 8.123075, 8.09795 ] }, { "date": "2026-07-03", "close": 9.976, "volume": 3191584, "typical_volume": 26488519.4, "trend": 8.158906, "fair_value": 6.762815, "relative_strength": 19.885031, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 86.409577, "energy": 90.131508, "activity_lines": [ 9.438933, 8.916355, 8.312141, 8.219626 ] }, { "date": "2026-07-10", "close": 9.512, "volume": 23215165, "typical_volume": 26879039.8, "trend": 8.204703, "fair_value": 6.774398, "relative_strength": 16.951836, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 67.112684, "energy": 83.608922, "activity_lines": [ 9.561733, 9.104922, 8.451185, 8.306922 ] }, { "date": "2026-07-17", "close": 9.002, "volume": 18997085, "typical_volume": 26743484.8, "trend": 8.230167, "fair_value": 6.782387, "relative_strength": 11.28357, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 64.662178, "energy": 76.096859, "activity_lines": [ 9.4428, 9.155927, 8.537963, 8.358361 ] }, { "date": "2026-07-24", "close": 8.758, "volume": 16846788, "typical_volume": 25139318.05, "trend": 8.252305, "fair_value": 6.787812, "relative_strength": 6.837996, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 59.695217, "energy": 47.562339, "activity_lines": [ 9.205467, 9.141164, 8.600235, 8.392414 ] }, { "date": "2026-07-31", "close": 9.036, "volume": 14828111, "typical_volume": 23565519.45, "trend": 8.278518, "fair_value": 6.797563, "relative_strength": 7.612844, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 43.768003, "energy": 30.940942, "activity_lines": [ 9.0812, 9.157527, 8.684448, 8.442975 ] }, { "date": "2026-08-07", "close": 8.342, "volume": 46637350, "typical_volume": 23870148.5, "trend": 8.27237, "fair_value": 6.801917, "relative_strength": -3.241987, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 28.535566, "energy": 23.572838, "activity_lines": [ 8.776267, 9.026873, 8.694353, 8.447071 ] } ], "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." } } }