{ "ticker": { "uuid": "e54c9963-0786-4e1f-abe5-9a4c41451d88", "symbol": "AGED", "name": "iShares Ageing Population UCITS ETF USD (Acc)", "exchange": "MIL", "country": "IT", "assetType": "etf" }, "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.", "analysis": { "eligible": true, "as_of": "2026-08-07", "benchmark": "FTSEMIB.MI", "stage": 2, "stage_name": "Advancing", "phase": "2a", "phase_label": "Stage 2A \u00b7 Early advance", "transition": "stage_2_healthy", "transition_label": "Stage 2 trend intact", "confidence": 96.0, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Established expansion", "architecture_gate": "up", "architecture_direction": 84.442, "architecture_energy": 83.036, "architecture_maturity": 33.109, "architecture_confidence": 73.27, "architecture_tenure": "Developing", "architecture": { "interpretation": { "headline": "The weekly architecture is expanding upward.", "body": "Trend and Activity show sustained positive alignment with constructive price acceptance. Directional energy remains positive; cooling within this regime can indicate that it is maturing." }, "scores": { "balance": 3.68, "rotation_up": 75.76, "upward_expansion": 92.48, "deceleration": 46.78, "rotation_down": 16.93, "downward_expansion": 16.81 }, "activity_lines": [ 9.359867, 9.2448, 8.940243, 8.737559 ], "activity_state": "Wide", "activity_direction": "Expanding", "rotation_direction": "Improving", "price_acceptance": 0.833333 }, "latest_close": 9.498, "trend_reference": 8.5271, "distance_from_trend": 0.113861, "trend_direction": "Improving", "fair_value": 7.273128, "distance_from_fair_value": 0.305903, "fair_value_direction": "Improving", "relative_strength": -1.157223, "relative_strength_direction": "Improving", "price_momentum": 0.147933, "excess_performance": -0.022958, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.113861, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.040546, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.305903, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.113364, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.011572, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.044721, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.147933, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 1.451719, "read": "Demand-led" } ], "volume": { "latest": 152100, "relative_activity": 1.431472, "balance": 1.451719, "dry_up": 1.329269, "accumulation_observations": 4, "distribution_observations": 3 }, "risk": { "range_context": 0.01981, "annualized_volatility": 0.118651, "from_high_reference": -0.000736, "from_low_reference": 0.285598 }, "levels": { "trend_reference": 8.5271, "fair_value_reference": 7.273128, "structural_low": 7.748, "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": 0.011101, "positive_rate": 0.678571, "directional_follow_through": 0.678571, "median_excess_return": -0.012524, "regime_survival": 0.714286, "best_return": 0.057107, "worst_return": -0.066164, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 11, "median_return": 0.015565, "positive_rate": 0.636364, "directional_follow_through": 0.636364, "median_excess_return": -0.045324, "regime_survival": 0.545455, "best_return": 0.088655, "worst_return": -0.083549, "sufficient": true }, { "horizon": "Extended", "sample_count": 6, "median_return": 0.028384, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": -0.069665, "regime_survival": 0.333333, "best_return": 0.092293, "worst_return": -0.107863, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 4, "median_return": -0.005895, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": -0.104301, "regime_survival": 0.25, "best_return": 0.187098, "worst_return": -0.067635, "sufficient": false } ], "ledger": [ { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-05-24", "end": "2024-12-27", "tenure": "Extended", "return": 0.094851, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-01-03", "end": "2025-01-24", "tenure": "New", "return": 0.02898, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-01-31", "end": "2025-03-07", "tenure": "Developing", "return": -0.067165, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-03-14", "end": "2025-03-28", "tenure": "New", "return": 0.024622, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-04-04", "end": "2025-04-11", "tenure": "New", "return": -0.044774, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-04-18", "end": "2025-05-30", "tenure": "Developing", "return": 0.087802, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-06-06", "end": "2025-07-18", "tenure": "Developing", "return": 0.001782, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-07-25", "end": "2025-08-29", "tenure": "Developing", "return": 0.040568, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-09-05", "end": "2026-02-13", "tenure": "Established", "return": 0.076481, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-02-20", "end": "2026-02-27", "tenure": "New", "return": 0.003113, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-03-06", "end": "2026-03-27", "tenure": "New", "return": -0.042696, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2026-04-03", "end": "2026-04-17", "tenure": "New", "return": 0.049044, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-04-24", "end": "2026-05-15", "tenure": "New", "return": 0.020639, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-05-22", "end": "2026-08-07", "tenure": "Developing", "return": 0.117149, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 5.96, "volume": 59529, "typical_volume": 107737.15, "trend": 6.112367, "fair_value": 6.172933, "relative_strength": -11.325201, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -30.932546, "energy": 14.251038, "activity_lines": [ 6.091867, 6.112509, 6.114919, 6.097178 ] }, { "date": "2023-08-25", "close": 6.02, "volume": 278279, "typical_volume": 115178.2, "trend": 6.102167, "fair_value": 6.179183, "relative_strength": -11.26849, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -24.920704, "energy": 23.767761, "activity_lines": [ 6.0518, 6.093927, 6.107843, 6.091219 ] }, { "date": "2023-09-01", "close": 6.15, "volume": 71334, "typical_volume": 116422.0, "trend": 6.0935, "fair_value": 6.186929, "relative_strength": -10.213932, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -2.19696, "energy": 14.599407, "activity_lines": [ 6.068933, 6.102109, 6.112619, 6.094305 ] }, { "date": "2023-09-08", "close": 6.07, "volume": 33475, "typical_volume": 105597.15, "trend": 6.0851, "fair_value": 6.193856, "relative_strength": -9.503487, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -10.062646, "energy": 16.010156, "activity_lines": [ 6.0676, 6.094091, 6.109095, 6.092789 ] }, { "date": "2023-09-15", "close": 6.135, "volume": 72834, "typical_volume": 106563.8, "trend": 6.077333, "fair_value": 6.200599, "relative_strength": -10.035665, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 19.476908, "energy": 8.919849, "activity_lines": [ 6.093667, 6.099291, 6.111633, 6.096009 ] }, { "date": "2023-09-22", "close": 6.018, "volume": 60766, "typical_volume": 96657.45, "trend": 6.068633, "fair_value": 6.207724, "relative_strength": -10.21567, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 3.997699, "energy": 3.612872, "activity_lines": [ 6.077333, 6.081873, 6.102481, 6.092181 ] }, { "date": "2023-09-29", "close": 5.988, "volume": 96259, "typical_volume": 97580.95, "trend": 6.058533, "fair_value": 6.213801, "relative_strength": -8.995995, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -20.058662, "energy": 16.506897, "activity_lines": [ 6.047133, 6.0598, 6.090586, 6.086978 ] }, { "date": "2023-10-06", "close": 5.872, "volume": 143664, "typical_volume": 94878.8, "trend": 6.053267, "fair_value": 6.217942, "relative_strength": -8.767517, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -43.040853, "energy": 48.635235, "activity_lines": [ 5.9804, 6.021, 6.068062, 6.074944 ] }, { "date": "2023-10-13", "close": 5.84, "volume": 47216, "typical_volume": 94062.9, "trend": 6.054667, "fair_value": 6.221705, "relative_strength": -10.011957, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -47.066292, "energy": 64.058299, "activity_lines": [ 5.921533, 5.983673, 6.043886, 6.061185 ] }, { "date": "2023-10-20", "close": 5.68, "volume": 126945, "typical_volume": 95425.9, "trend": 6.052867, "fair_value": 6.224923, "relative_strength": -9.115174, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -85.655382, "energy": 85.795762, "activity_lines": [ 5.824667, 5.923, 6.005476, 6.037013 ] }, { "date": "2023-10-27", "close": 5.576, "volume": 56953, "typical_volume": 95947.25, "trend": 6.041167, "fair_value": 6.228564, "relative_strength": -10.01704, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -90.010091, "energy": 93.561762, "activity_lines": [ 5.723467, 5.850764, 5.959381, 6.006247 ] }, { "date": "2023-11-03", "close": 5.821, "volume": 98678, "typical_volume": 97385.1, "trend": 6.038233, "fair_value": 6.232205, "relative_strength": -10.132494, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.382925, "energy": 81.251371, "activity_lines": [ 5.7334, 5.830055, 5.939614, 5.992043 ] }, { "date": "2023-11-10", "close": 5.668, "volume": 126628, "typical_volume": 97096.4, "trend": 6.026933, "fair_value": 6.233141, "relative_strength": -11.545946, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -71.937463, "energy": 80.732572, "activity_lines": [ 5.703467, 5.785145, 5.907043, 5.968157 ] }, { "date": "2023-11-17", "close": 5.824, "volume": 91163, "typical_volume": 98696.45, "trend": 6.019633, "fair_value": 6.234622, "relative_strength": -11.769982, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.280167, "energy": 52.224155, "activity_lines": [ 5.739133, 5.777364, 5.89119, 5.955065 ] }, { "date": "2023-11-24", "close": 5.849, "volume": 65094, "typical_volume": 98476.9, "trend": 6.013933, "fair_value": 6.235859, "relative_strength": -10.768594, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -46.256175, "energy": 34.068705, "activity_lines": [ 5.7842, 5.7786, 5.879257, 5.944056 ] }, { "date": "2023-12-01", "close": 5.964, "volume": 164060, "typical_volume": 101545.35, "trend": 6.011333, "fair_value": 6.237686, "relative_strength": -10.066231, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -33.240994, "energy": 20.328741, "activity_lines": [ 5.856333, 5.805945, 5.879286, 5.940834 ] }, { "date": "2023-12-08", "close": 6.062, "volume": 73455, "typical_volume": 98523.9, "trend": 6.010867, "fair_value": 6.24, "relative_strength": -9.590804, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -5.655895, "energy": 19.482425, "activity_lines": [ 5.935267, 5.852091, 5.889114, 5.944103 ] }, { "date": "2023-12-15", "close": 6.191, "volume": 221859, "typical_volume": 105667.1, "trend": 6.011733, "fair_value": 6.242442, "relative_strength": -7.184203, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "mixed", "direction": 36.646237, "energy": 38.612534, "activity_lines": [ 6.041133, 5.920345, 5.912019, 5.955725 ] }, { "date": "2023-12-22", "close": 6.243, "volume": 84149, "typical_volume": 103964.8, "trend": 6.018133, "fair_value": 6.244923, "relative_strength": -5.952602, "stage": 3, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 42.090501, "energy": 52.22005, "activity_lines": [ 6.129467, 5.992255, 5.940267, 5.970645 ] }, { "date": "2023-12-29", "close": 6.292, "volume": 32781, "typical_volume": 100256.05, "trend": 6.023, "fair_value": 6.247788, "relative_strength": -4.826708, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 42.440766, "energy": 68.396568, "activity_lines": [ 6.2062, 6.065745, 5.972767, 5.988314 ] }, { "date": "2024-01-05", "close": 6.273, "volume": 112962, "typical_volume": 102927.7, "trend": 6.025267, "fair_value": 6.249096, "relative_strength": -5.055236, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 36.181428, "energy": 69.857407, "activity_lines": [ 6.247067, 6.124655, 6.002467, 6.004443 ] }, { "date": "2024-01-12", "close": 6.317, "volume": 56086, "typical_volume": 91818.05, "trend": 6.029433, "fair_value": 6.250346, "relative_strength": -4.177533, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 46.755116, "energy": 73.739822, "activity_lines": [ 6.282, 6.178891, 6.034867, 6.023265 ] }, { "date": "2024-01-19", "close": 6.242, "volume": 148019, "typical_volume": 95652.3, "trend": 6.035533, "fair_value": 6.25141, "relative_strength": -4.427934, "stage": 3, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 66.11536, "energy": 75.565954, "activity_lines": [ 6.274933, 6.210473, 6.05871, 6.036978 ] }, { "date": "2024-01-26", "close": 6.371, "volume": 87295, "typical_volume": 98343.3, "trend": 6.043, "fair_value": 6.254455, "relative_strength": -2.500697, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 76.330604, "energy": 73.483498, "activity_lines": [ 6.307467, 6.255073, 6.0944, 6.058622 ] }, { "date": "2024-02-02", "close": 6.353, "volume": 86862, "typical_volume": 99044.7, "trend": 6.052733, "fair_value": 6.255212, "relative_strength": -3.58169, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 70.857012, "energy": 72.522706, "activity_lines": [ 6.325467, 6.286455, 6.126943, 6.078622 ] }, { "date": "2024-02-09", "close": 6.41, "volume": 78125, "typical_volume": 99912.65, "trend": 6.064333, "fair_value": 6.256096, "relative_strength": -3.859214, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 75.750794, "energy": 77.518377, "activity_lines": [ 6.3584, 6.319036, 6.163876, 6.101671 ] }, { "date": "2024-02-16", "close": 6.536, "volume": 111044, "typical_volume": 100651.9, "trend": 6.0746, "fair_value": 6.257853, "relative_strength": -3.545205, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 86.79521, "energy": 91.303106, "activity_lines": [ 6.4242, 6.366418, 6.210943, 6.132101 ] }, { "date": "2024-02-23", "close": 6.527, "volume": 87567, "typical_volume": 97847.05, "trend": 6.083067, "fair_value": 6.260429, "relative_strength": -6.252975, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 78.069863, "energy": 88.769722, "activity_lines": [ 6.4724, 6.403545, 6.254543, 6.161288 ] }, { "date": "2024-03-01", "close": 6.57, "volume": 117097, "typical_volume": 101341.1, "trend": 6.096867, "fair_value": 6.26384, "relative_strength": -6.0773, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 80.191494, "energy": 90.711695, "activity_lines": [ 6.515933, 6.442382, 6.299119, 6.192703 ] }, { "date": "2024-03-08", "close": 6.584, "volume": 80209, "typical_volume": 99004.3, "trend": 6.113533, "fair_value": 6.265103, "relative_strength": -7.000048, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 76.117261, "energy": 88.704231, "activity_lines": [ 6.550867, 6.477818, 6.341552, 6.224131 ] }, { "date": "2024-03-15", "close": 6.52, "volume": 121077, "typical_volume": 102210.5, "trend": 6.1322, "fair_value": 6.265821, "relative_strength": -9.067116, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.440014, "energy": 77.845011, "activity_lines": [ 6.549067, 6.496309, 6.373586, 6.250355 ] }, { "date": "2024-03-22", "close": 6.627, "volume": 111261, "typical_volume": 102839.65, "trend": 6.152433, "fair_value": 6.267506, "relative_strength": -8.424473, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 77.928701, "energy": 70.720684, "activity_lines": [ 6.5756, 6.529764, 6.411314, 6.282277 ] }, { "date": "2024-03-29", "close": 6.732, "volume": 232856, "typical_volume": 108151.05, "trend": 6.171833, "fair_value": 6.269314, "relative_strength": -7.851246, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 85.575064, "energy": 72.178442, "activity_lines": [ 6.631067, 6.576673, 6.455205, 6.319669 ] }, { "date": "2024-04-05", "close": 6.569, "volume": 197546, "typical_volume": 113470.2, "trend": 6.188467, "fair_value": 6.270282, "relative_strength": -7.926634, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.424983, "energy": 62.458494, "activity_lines": [ 6.618533, 6.585036, 6.478505, 6.345292 ] }, { "date": "2024-04-12", "close": 6.492, "volume": 42743, "typical_volume": 112352.65, "trend": 6.200367, "fair_value": 6.27025, "relative_strength": -8.144483, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.386972, "energy": 54.974158, "activity_lines": [ 6.5804, 6.5758, 6.490924, 6.364875 ] }, { "date": "2024-04-19", "close": 6.339, "volume": 150731, "typical_volume": 111686.2, "trend": 6.211067, "fair_value": 6.269237, "relative_strength": -10.472666, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 34.366988, "energy": 28.74532, "activity_lines": [ 6.4974, 6.536218, 6.48571, 6.373819 ] }, { "date": "2024-04-26", "close": 6.442, "volume": 260806, "typical_volume": 121053.75, "trend": 6.2262, "fair_value": 6.2685, "relative_strength": -9.604097, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 31.330614, "energy": 27.033424, "activity_lines": [ 6.4608, 6.516655, 6.488519, 6.388718 ] }, { "date": "2024-05-03", "close": 6.549, "volume": 59688, "typical_volume": 112945.2, "trend": 6.248767, "fair_value": 6.268404, "relative_strength": -6.178637, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 35.884695, "energy": 27.140865, "activity_lines": [ 6.4722, 6.518255, 6.49971, 6.409544 ] }, { "date": "2024-05-10", "close": 6.66, "volume": 57930, "typical_volume": 111634.25, "trend": 6.2761, "fair_value": 6.269724, "relative_strength": -7.160402, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 54.653664, "energy": 26.911214, "activity_lines": [ 6.5328, 6.539636, 6.519767, 6.436075 ] }, { "date": "2024-05-17", "close": 6.701, "volume": 107032, "typical_volume": 115346.8, "trend": 6.310133, "fair_value": 6.271218, "relative_strength": -8.250907, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 71.65827, "energy": 48.888817, "activity_lines": [ 6.601, 6.566836, 6.541743, 6.463488 ] }, { "date": "2024-05-24", "close": 6.642, "volume": 36443, "typical_volume": 111520.85, "trend": 6.345667, "fair_value": 6.27184, "relative_strength": -6.368372, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 59.687428, "energy": 55.433357, "activity_lines": [ 6.6356, 6.581182, 6.556152, 6.484899 ] }, { "date": "2024-05-31", "close": 6.623, "volume": 138871, "typical_volume": 115660.1, "trend": 6.3724, "fair_value": 6.272321, "relative_strength": -6.332012, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 59.312289, "energy": 57.240741, "activity_lines": [ 6.643667, 6.589855, 6.566995, 6.502791 ] }, { "date": "2024-06-07", "close": 6.677, "volume": 47938, "typical_volume": 110656.05, "trend": 6.406033, "fair_value": 6.272494, "relative_strength": -5.709338, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.362241, "energy": 57.492309, "activity_lines": [ 6.657667, 6.608418, 6.581524, 6.522443 ] }, { "date": "2024-06-14", "close": 6.618, "volume": 62895, "typical_volume": 109436.05, "trend": 6.4325, "fair_value": 6.272667, "relative_strength": -0.651022, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 54.850245, "energy": 37.554589, "activity_lines": [ 6.643467, 6.617255, 6.588362, 6.536118 ] }, { "date": "2024-06-21", "close": 6.713, "volume": 75948, "typical_volume": 108890.35, "trend": 6.4613, "fair_value": 6.272821, "relative_strength": -0.975895, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 64.403444, "energy": 41.109841, "activity_lines": [ 6.663733, 6.642473, 6.603071, 6.554215 ] }, { "date": "2024-06-28", "close": 6.706, "volume": 145798, "typical_volume": 112274.0, "trend": 6.486033, "fair_value": 6.272968, "relative_strength": -0.471185, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 61.241365, "energy": 41.333961, "activity_lines": [ 6.680867, 6.6624, 6.6154, 6.570002 ] }, { "date": "2024-07-05", "close": 6.651, "volume": 97709, "typical_volume": 111607.25, "trend": 6.505667, "fair_value": 6.273237, "relative_strength": -3.504176, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 53.947411, "energy": 36.293165, "activity_lines": [ 6.6754, 6.665655, 6.621081, 6.580645 ] }, { "date": "2024-07-12", "close": 6.898, "volume": 62621, "typical_volume": 110359.95, "trend": 6.529233, "fair_value": 6.275737, "relative_strength": -1.524528, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 81.569705, "energy": 65.91421, "activity_lines": [ 6.7504, 6.710018, 6.649738, 6.605957 ] }, { "date": "2024-07-19", "close": 6.818, "volume": 96646, "typical_volume": 109337.4, "trend": 6.5484, "fair_value": 6.277321, "relative_strength": -1.473263, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 67.512142, "energy": 66.570613, "activity_lines": [ 6.784, 6.733491, 6.66901, 6.624587 ] }, { "date": "2024-07-26", "close": 6.959, "volume": 81646, "typical_volume": 109409.25, "trend": 6.570633, "fair_value": 6.280288, "relative_strength": 1.83204, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 82.78165, "energy": 81.344887, "activity_lines": [ 6.851267, 6.779727, 6.700529, 6.651077 ] }, { "date": "2024-08-02", "close": 6.639, "volume": 71872, "typical_volume": 106949.0, "trend": 6.582833, "fair_value": 6.280647, "relative_strength": 2.667803, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 54.988005, "energy": 50.021584, "activity_lines": [ 6.795467, 6.763091, 6.699786, 6.655488 ] }, { "date": "2024-08-09", "close": 6.701, "volume": 104711, "typical_volume": 106621.5, "trend": 6.595633, "fair_value": 6.281474, "relative_strength": 4.442402, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 50.183129, "energy": 31.009622, "activity_lines": [ 6.7648, 6.757782, 6.704381, 6.663112 ] }, { "date": "2024-08-16", "close": 6.847, "volume": 18814, "typical_volume": 95919.4, "trend": 6.6158, "fair_value": 6.283846, "relative_strength": 2.724518, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 59.809558, "energy": 32.5561, "activity_lines": [ 6.779467, 6.7776, 6.722529, 6.679329 ] }, { "date": "2024-08-23", "close": 6.937, "volume": 52587, "typical_volume": 88671.45, "trend": 6.634667, "fair_value": 6.285628, "relative_strength": 2.262027, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.560463, "energy": 34.358874, "activity_lines": [ 6.827533, 6.810691, 6.7487, 6.700052 ] }, { "date": "2024-08-30", "close": 7.009, "volume": 85850, "typical_volume": 90826.8, "trend": 6.656533, "fair_value": 6.287462, "relative_strength": 1.253949, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 72.237042, "energy": 50.27918, "activity_lines": [ 6.891667, 6.851073, 6.779976, 6.724202 ] }, { "date": "2024-09-06", "close": 6.833, "volume": 80832, "typical_volume": 87331.85, "trend": 6.670633, "fair_value": 6.28866, "relative_strength": 2.014593, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 55.433475, "energy": 54.028204, "activity_lines": [ 6.8938, 6.854073, 6.792029, 6.735587 ] }, { "date": "2024-09-13", "close": 6.988, "volume": 49350, "typical_volume": 76759.05, "trend": 6.6857, "fair_value": 6.290833, "relative_strength": 3.508804, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.058961, "energy": 62.172253, "activity_lines": [ 6.934667, 6.882945, 6.81649, 6.756062 ] }, { "date": "2024-09-20", "close": 7.035, "volume": 56168, "typical_volume": 76583.05, "trend": 6.702633, "fair_value": 6.293333, "relative_strength": 3.628269, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.935385, "energy": 61.421396, "activity_lines": [ 6.972067, 6.914236, 6.842829, 6.778598 ] }, { "date": "2024-09-27", "close": 7.105, "volume": 45689, "typical_volume": 75971.0, "trend": 6.720467, "fair_value": 6.296827, "relative_strength": 1.823373, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 72.049771, "energy": 59.309409, "activity_lines": [ 7.020267, 6.955764, 6.873519, 6.804557 ] }, { "date": "2024-10-04", "close": 7.131, "volume": 248163, "typical_volume": 83027.55, "trend": 6.7387, "fair_value": 6.300404, "relative_strength": 5.631244, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 71.252813, "energy": 67.469239, "activity_lines": [ 7.065933, 6.9968, 6.904567, 6.831043 ] }, { "date": "2024-10-11", "close": 7.176, "volume": 124961, "typical_volume": 87453.45, "trend": 6.760567, "fair_value": 6.303833, "relative_strength": 4.062278, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 72.107876, "energy": 73.588297, "activity_lines": [ 7.118467, 7.042891, 6.937852, 6.859256 ] }, { "date": "2024-10-18", "close": 7.323, "volume": 116396, "typical_volume": 86329.7, "trend": 6.783767, "fair_value": 6.308263, "relative_strength": 3.487304, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 82.669225, "energy": 82.717107, "activity_lines": [ 7.197133, 7.105945, 6.982595, 6.895542 ] }, { "date": "2024-10-25", "close": 7.19, "volume": 73354, "typical_volume": 87600.5, "trend": 6.799033, "fair_value": 6.311583, "relative_strength": 2.834629, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.9976, "energy": 72.369003, "activity_lines": [ 7.209133, 7.133509, 7.011338, 6.921751 ] }, { "date": "2024-11-01", "close": 7.173, "volume": 70183, "typical_volume": 87964.9, "trend": 6.819167, "fair_value": 6.313962, "relative_strength": 2.849385, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.727562, "energy": 71.030769, "activity_lines": [ 7.205133, 7.151745, 7.036019, 6.945877 ] }, { "date": "2024-11-08", "close": 7.432, "volume": 110176, "typical_volume": 89676.3, "trend": 6.8505, "fair_value": 6.318231, "relative_strength": 9.051733, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 83.870742, "energy": 80.489734, "activity_lines": [ 7.282933, 7.212782, 7.082724, 6.985415 ] }, { "date": "2024-11-15", "close": 7.355, "volume": 132239, "typical_volume": 88998.35, "trend": 6.884367, "fair_value": 6.322442, "relative_strength": 6.55857, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 69.702805, "energy": 65.48869, "activity_lines": [ 7.315, 7.252127, 7.118671, 7.017963 ] }, { "date": "2024-11-22", "close": 7.552, "volume": 187591, "typical_volume": 93492.45, "trend": 6.921367, "fair_value": 6.329987, "relative_strength": 11.405705, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 82.899959, "energy": 78.743599, "activity_lines": [ 7.4008, 7.3178, 7.17029, 7.061037 ] }, { "date": "2024-11-29", "close": 7.617, "volume": 122481, "typical_volume": 96485.45, "trend": 6.956967, "fair_value": 6.33841, "relative_strength": 12.327544, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 81.441816, "energy": 87.281554, "activity_lines": [ 7.493, 7.385036, 7.22381, 7.105916 ] }, { "date": "2024-12-06", "close": 7.546, "volume": 143768, "typical_volume": 98841.55, "trend": 6.9865, "fair_value": 6.345577, "relative_strength": 6.825535, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.743016, "energy": 79.311898, "activity_lines": [ 7.533067, 7.428782, 7.267143, 7.143918 ] }, { "date": "2024-12-13", "close": 7.396, "volume": 93763, "typical_volume": 99447.4, "trend": 7.009667, "fair_value": 6.35159, "relative_strength": 4.204457, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.96671, "energy": 62.0989, "activity_lines": [ 7.498267, 7.437236, 7.292724, 7.170338 ] }, { "date": "2024-12-20", "close": 7.248, "volume": 110933, "typical_volume": 101400.45, "trend": 7.029867, "fair_value": 6.355692, "relative_strength": 5.426119, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 59.327857, "energy": 44.958515, "activity_lines": [ 7.416533, 7.413964, 7.302129, 7.185714 ] }, { "date": "2024-12-27", "close": 7.272, "volume": 40810, "typical_volume": 98205.4, "trend": 7.0515, "fair_value": 6.359641, "relative_strength": 4.497136, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 41.254565, "energy": 25.492232, "activity_lines": [ 7.349933, 7.393745, 7.310919, 7.201335 ] }, { "date": "2025-01-03", "close": 7.35, "volume": 36448, "typical_volume": 99087.1, "trend": 7.073933, "fair_value": 6.365077, "relative_strength": 5.627424, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 34.840638, "energy": 24.144519, "activity_lines": [ 7.328, 7.388636, 7.324419, 7.220594 ] }, { "date": "2025-01-10", "close": 7.296, "volume": 69128, "typical_volume": 99914.15, "trend": 7.096533, "fair_value": 6.370795, "relative_strength": 1.97099, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 30.45139, "energy": 23.009199, "activity_lines": [ 7.305867, 7.3708, 7.330381, 7.23492 ] }, { "date": "2025-01-17", "close": 7.466, "volume": 152580, "typical_volume": 103250.65, "trend": 7.121633, "fair_value": 6.378468, "relative_strength": 0.960192, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 44.30127, "energy": 22.07776, "activity_lines": [ 7.357067, 7.381636, 7.350824, 7.258757 ] }, { "date": "2025-01-24", "close": 7.563, "volume": 105829, "typical_volume": 104500.5, "trend": 7.1502, "fair_value": 6.388045, "relative_strength": 2.468907, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 64.89401, "energy": 38.678494, "activity_lines": [ 7.435933, 7.409491, 7.378329, 7.287232 ] }, { "date": "2025-01-31", "close": 7.757, "volume": 67317, "typical_volume": 105398.85, "trend": 7.187067, "fair_value": 6.398519, "relative_strength": 4.258752, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 77.120802, "energy": 63.071756, "activity_lines": [ 7.558467, 7.468836, 7.420833, 7.326381 ] }, { "date": "2025-02-07", "close": 7.744, "volume": 75907, "typical_volume": 106385.8, "trend": 7.215267, "fair_value": 6.407513, "relative_strength": 2.412366, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 74.813699, "energy": 78.561693, "activity_lines": [ 7.644333, 7.522091, 7.458438, 7.362312 ] }, { "date": "2025-02-14", "close": 7.719, "volume": 74189, "typical_volume": 107810.8, "trend": 7.2453, "fair_value": 6.417295, "relative_strength": -0.37092, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 68.222198, "energy": 79.258257, "activity_lines": [ 7.6956, 7.568491, 7.490286, 7.394811 ] }, { "date": "2025-02-21", "close": 7.72, "volume": 201671, "typical_volume": 105486.2, "trend": 7.270667, "fair_value": 6.427301, "relative_strength": -1.519297, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 67.053965, "energy": 79.316439, "activity_lines": [ 7.719, 7.611927, 7.519305, 7.425437 ] }, { "date": "2025-02-28", "close": 7.635, "volume": 64581, "typical_volume": 102467.2, "trend": 7.303867, "fair_value": 6.437192, "relative_strength": -3.17519, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.144545, "energy": 62.016447, "activity_lines": [ 7.697133, 7.634018, 7.537424, 7.448942 ] }, { "date": "2025-03-07", "close": 7.236, "volume": 68598, "typical_volume": 100077.3, "trend": 7.3217, "fair_value": 6.444404, "relative_strength": -8.004452, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 18.558192, "energy": 15.35581, "activity_lines": [ 7.537467, 7.576527, 7.515357, 7.444563 ] }, { "date": "2025-03-14", "close": 7.148, "volume": 98700, "typical_volume": 101344.6, "trend": 7.331733, "fair_value": 6.449417, "relative_strength": -9.207448, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -0.212326, "energy": 16.689684, "activity_lines": [ 7.3832, 7.503691, 7.485324, 7.433357 ] }, { "date": "2025-03-21", "close": 7.289, "volume": 94683, "typical_volume": 102569.6, "trend": 7.343467, "fair_value": 6.455038, "relative_strength": -8.266128, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -18.566996, "energy": 31.33768, "activity_lines": [ 7.315667, 7.460164, 7.468919, 7.4306 ] }, { "date": "2025-03-28", "close": 7.324, "volume": 97113, "typical_volume": 101916.45, "trend": 7.353967, "fair_value": 6.460295, "relative_strength": -7.078005, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -19.120848, "energy": 33.625346, "activity_lines": [ 7.288467, 7.423127, 7.455295, 7.429344 ] }, { "date": "2025-04-04", "close": 6.678, "volume": 74630, "typical_volume": 99036.0, "trend": 7.3488, "fair_value": 6.461083, "relative_strength": -5.26921, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "mixed", "direction": -61.611309, "energy": 71.46178, "activity_lines": [ 7.072333, 7.271218, 7.380662, 7.385733 ] }, { "date": "2025-04-11", "close": 6.379, "volume": 100644, "typical_volume": 94688.65, "trend": 7.3285, "fair_value": 6.459994, "relative_strength": -7.817342, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -91.74529, "energy": 89.679233, "activity_lines": [ 6.820333, 7.081036, 7.280776, 7.323166 ] }, { "date": "2025-04-18", "close": 6.583, "volume": 38648, "typical_volume": 90497.0, "trend": 7.313433, "fair_value": 6.461391, "relative_strength": -9.997155, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -76.252891, "energy": 87.658863, "activity_lines": [ 6.693467, 6.953, 7.205905, 7.275069 ] }, { "date": "2025-04-25", "close": 6.767, "volume": 72900, "typical_volume": 86953.6, "trend": 7.302167, "fair_value": 6.464468, "relative_strength": -10.812101, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.781271, "energy": 82.693032, "activity_lines": [ 6.6656, 6.879527, 7.153481, 7.239815 ] }, { "date": "2025-05-02", "close": 7.04, "volume": 26475, "typical_volume": 83589.2, "trend": 7.299133, "fair_value": 6.471212, "relative_strength": -9.491631, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.461096, "energy": 64.690118, "activity_lines": [ 6.763533, 6.873, 7.130767, 7.222901 ] }, { "date": "2025-05-09", "close": 7.044, "volume": 48700, "typical_volume": 80477.55, "trend": 7.294733, "fair_value": 6.478071, "relative_strength": -11.726195, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -47.627328, "energy": 36.621414, "activity_lines": [ 6.881733, 6.879564, 7.110129, 7.206441 ] }, { "date": "2025-05-16", "close": 7.288, "volume": 42810, "typical_volume": 80577.55, "trend": 7.293567, "fair_value": 6.487077, "relative_strength": -11.473052, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -27.95927, "energy": 22.171069, "activity_lines": [ 7.056867, 6.941236, 7.1137, 7.206006 ] }, { "date": "2025-05-23", "close": 7.075, "volume": 62736, "typical_volume": 81891.95, "trend": 7.289733, "fair_value": 6.493705, "relative_strength": -11.376922, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -28.507703, "energy": 25.892439, "activity_lines": [ 7.1004, 6.963236, 7.09691, 7.191905 ] }, { "date": "2025-05-30", "close": 7.161, "volume": 61660, "typical_volume": 81518.55, "trend": 7.289333, "fair_value": 6.501237, "relative_strength": -11.556582, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -24.694523, "energy": 23.482647, "activity_lines": [ 7.1398, 7.0022, 7.089619, 7.1836 ] }, { "date": "2025-06-06", "close": 7.295, "volume": 147215, "typical_volume": 81250.3, "trend": 7.284767, "fair_value": 6.510737, "relative_strength": -10.934402, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -11.548986, "energy": 19.129756, "activity_lines": [ 7.1976, 7.067855, 7.095733, 7.183966 ] }, { "date": "2025-06-13", "close": 7.134, "volume": 78019, "typical_volume": 79859.8, "trend": 7.2774, "fair_value": 6.520397, "relative_strength": -10.145611, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -11.634416, "energy": 12.91279, "activity_lines": [ 7.184733, 7.104764, 7.087329, 7.174239 ] }, { "date": "2025-06-20", "close": 7.109, "volume": 47312, "typical_volume": 78859.55, "trend": 7.262633, "fair_value": 6.528462, "relative_strength": -9.810619, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -11.719042, "energy": 11.326626, "activity_lines": [ 7.157533, 7.128836, 7.078586, 7.163374 ] }, { "date": "2025-06-27", "close": 7.184, "volume": 69930, "typical_volume": 78560.7, "trend": 7.2482, "fair_value": 6.537135, "relative_strength": -9.84546, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -9.470293, "energy": 9.848891, "activity_lines": [ 7.167267, 7.153273, 7.080071, 7.158301 ] }, { "date": "2025-07-04", "close": 7.172, "volume": 91818, "typical_volume": 79442.15, "trend": 7.235733, "fair_value": 6.543609, "relative_strength": -9.596212, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -9.507478, "energy": 7.103522, "activity_lines": [ 7.165733, 7.1646, 7.083081, 7.153385 ] }, { "date": "2025-07-11", "close": 7.251, "volume": 56548, "typical_volume": 72186.0, "trend": 7.2309, "fair_value": 6.551295, "relative_strength": -9.479047, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 1.184949, "energy": 12.984037, "activity_lines": [ 7.1898, 7.182927, 7.096219, 7.15437 ] }, { "date": "2025-07-18", "close": 7.308, "volume": 146259, "typical_volume": 76269.9, "trend": 7.2329, "fair_value": 6.558679, "relative_strength": -9.139877, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 25.480917, "energy": 34.776763, "activity_lines": [ 7.2358, 7.207782, 7.117019, 7.159344 ] }, { "date": "2025-07-25", "close": 7.321, "volume": 93769, "typical_volume": 77528.45, "trend": 7.234533, "fair_value": 6.565673, "relative_strength": -9.676726, "stage": 3, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 27.006477, "energy": 42.102547, "activity_lines": [ 7.274533, 7.2302, 7.140614, 7.165028 ] }, { "date": "2025-08-01", "close": 7.241, "volume": 92484, "typical_volume": 77217.65, "trend": 7.2309, "fair_value": 6.571237, "relative_strength": -8.682511, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 20.396717, "energy": 36.036834, "activity_lines": [ 7.272467, 7.237473, 7.156186, 7.165445 ] }, { "date": "2025-08-08", "close": 7.359, "volume": 90626, "typical_volume": 77014.8, "trend": 7.233, "fair_value": 6.575942, "relative_strength": -10.647695, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 37.678703, "energy": 42.536462, "activity_lines": [ 7.305933, 7.263182, 7.182552, 7.17371 ] }, { "date": "2025-08-15", "close": 7.539, "volume": 29943, "typical_volume": 73656.3, "trend": 7.235433, "fair_value": 6.58234, "relative_strength": -10.407183, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 52.31822, "energy": 58.820681, "activity_lines": [ 7.386933, 7.318018, 7.225729, 7.193452 ] }, { "date": "2025-08-22", "close": 7.72, "volume": 47314, "typical_volume": 72290.5, "trend": 7.240667, "fair_value": 6.590321, "relative_strength": -9.399382, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 61.003488, "energy": 75.413504, "activity_lines": [ 7.509067, 7.401327, 7.285119, 7.224714 ] }, { "date": "2025-08-29", "close": 7.618, "volume": 189966, "typical_volume": 76756.6, "trend": 7.236033, "fair_value": 6.598481, "relative_strength": -8.026016, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 73.638004, "energy": 85.290039, "activity_lines": [ 7.569733, 7.455436, 7.329833, 7.249058 ] }, { "date": "2025-09-05", "close": 7.662, "volume": 49121, "typical_volume": 77280.25, "trend": 7.2333, "fair_value": 6.606064, "relative_strength": -5.99316, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 72.896556, "energy": 88.211645, "activity_lines": [ 7.625267, 7.508291, 7.372838, 7.27654 ] }, { "date": "2025-09-12", "close": 7.727, "volume": 66074, "typical_volume": 76938.95, "trend": 7.233567, "fair_value": 6.613936, "relative_strength": -7.086307, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 77.293077, "energy": 90.363168, "activity_lines": [ 7.6744, 7.564273, 7.416895, 7.308391 ] }, { "date": "2025-09-19", "close": 7.6, "volume": 123981, "typical_volume": 81814.25, "trend": 7.229567, "fair_value": 6.624051, "relative_strength": -7.803905, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.075594, "energy": 77.02591, "activity_lines": [ 7.656667, 7.587073, 7.444286, 7.332032 ] }, { "date": "2025-09-26", "close": 7.604, "volume": 93751, "typical_volume": 84066.8, "trend": 7.228533, "fair_value": 6.63384, "relative_strength": -8.239702, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 63.176628, "energy": 56.256231, "activity_lines": [ 7.6362, 7.604255, 7.46939, 7.356189 ] }, { "date": "2025-10-03", "close": 7.826, "volume": 92080, "typical_volume": 86530.3, "trend": 7.2482, "fair_value": 6.644949, "relative_strength": -6.607029, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 79.846179, "energy": 61.942365, "activity_lines": [ 7.697467, 7.656418, 7.512971, 7.394735 ] }, { "date": "2025-10-10", "close": 7.734, "volume": 110997, "typical_volume": 88943.35, "trend": 7.267733, "fair_value": 6.655622, "relative_strength": -4.810552, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.745112, "energy": 53.604149, "activity_lines": [ 7.7142, 7.682673, 7.545229, 7.426077 ] }, { "date": "2025-10-17", "close": 7.701, "volume": 99726, "typical_volume": 90846.65, "trend": 7.281467, "fair_value": 6.66634, "relative_strength": -4.333802, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 59.79173, "energy": 49.359393, "activity_lines": [ 7.715133, 7.693964, 7.571205, 7.45403 ] }, { "date": "2025-10-24", "close": 7.83, "volume": 118164, "typical_volume": 89394.1, "trend": 7.298333, "fair_value": 6.676853, "relative_strength": -4.185567, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 70.24951, "energy": 55.982529, "activity_lines": [ 7.7608, 7.722491, 7.606895, 7.489419 ] }, { "date": "2025-10-31", "close": 7.822, "volume": 82473, "typical_volume": 89616.8, "trend": 7.336467, "fair_value": 6.687327, "relative_strength": -5.566179, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.908514, "energy": 54.511584, "activity_lines": [ 7.788467, 7.744273, 7.639276, 7.523204 ] }, { "date": "2025-11-07", "close": 7.748, "volume": 279122, "typical_volume": 101207.3, "trend": 7.3821, "fair_value": 6.697, "relative_strength": -5.527831, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 60.507639, "energy": 48.647166, "activity_lines": [ 7.776933, 7.750745, 7.661333, 7.549755 ] }, { "date": "2025-11-14", "close": 7.923, "volume": 68767, "typical_volume": 101149.15, "trend": 7.426767, "fair_value": 6.70809, "relative_strength": -5.425652, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 74.355152, "energy": 56.030989, "activity_lines": [ 7.828933, 7.786673, 7.697014, 7.584652 ] }, { "date": "2025-11-21", "close": 7.864, "volume": 110803, "typical_volume": 102098.4, "trend": 7.463333, "fair_value": 6.71825, "relative_strength": -2.793076, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.066974, "energy": 50.527031, "activity_lines": [ 7.848667, 7.807127, 7.723557, 7.61286 ] }, { "date": "2025-11-28", "close": 8.16, "volume": 100809, "typical_volume": 104311.45, "trend": 7.500667, "fair_value": 6.72984, "relative_strength": -0.349396, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 85.91584, "energy": 64.762186, "activity_lines": [ 7.9562, 7.878909, 7.774995, 7.657806 ] }, { "date": "2025-12-05", "close": 8.095, "volume": 134186, "typical_volume": 103707.8, "trend": 7.5357, "fair_value": 6.742199, "relative_strength": -1.005985, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 74.902185, "energy": 75.225757, "activity_lines": [ 8.020067, 7.928691, 7.815914, 7.696151 ] }, { "date": "2025-12-12", "close": 8.081, "volume": 86507, "typical_volume": 103344.7, "trend": 7.562133, "fair_value": 6.755705, "relative_strength": -1.095694, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.828637, "energy": 71.092245, "activity_lines": [ 8.061067, 7.967, 7.851752, 7.731331 ] }, { "date": "2025-12-19", "close": 8.229, "volume": 71392, "typical_volume": 102290.1, "trend": 7.6006, "fair_value": 6.769776, "relative_strength": -1.773753, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 79.860567, "energy": 82.389117, "activity_lines": [ 8.1292, 8.027582, 7.898067, 7.774355 ] }, { "date": "2025-12-26", "close": 8.245, "volume": 38167, "typical_volume": 99667.15, "trend": 7.636733, "fair_value": 6.784141, "relative_strength": -0.964325, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 75.462271, "energy": 77.410647, "activity_lines": [ 8.182267, 8.082073, 7.9412, 7.815929 ] }, { "date": "2026-01-02", "close": 8.148, "volume": 197583, "typical_volume": 108049.15, "trend": 7.665167, "fair_value": 6.796635, "relative_strength": -3.4277, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.53198, "energy": 65.313656, "activity_lines": [ 8.1776, 8.109036, 7.970876, 7.848914 ] }, { "date": "2026-01-09", "close": 8.436, "volume": 139492, "typical_volume": 112658.05, "trend": 7.708567, "fair_value": 6.810494, "relative_strength": -0.527981, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 85.035691, "energy": 79.464731, "activity_lines": [ 8.269733, 8.182582, 8.025081, 7.898645 ] }, { "date": "2026-01-16", "close": 8.41, "volume": 135629, "typical_volume": 109941.2, "trend": 7.751933, "fair_value": 6.824462, "relative_strength": -0.781256, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 77.11015, "energy": 79.302553, "activity_lines": [ 8.330467, 8.240236, 8.0734, 7.943899 ] }, { "date": "2026-01-23", "close": 8.294, "volume": 138789, "typical_volume": 114424.6, "trend": 7.788933, "fair_value": 6.837077, "relative_strength": 0.211994, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.222739, "energy": 59.588754, "activity_lines": [ 8.3306, 8.264764, 8.1069, 7.978871 ] }, { "date": "2026-01-30", "close": 8.1, "volume": 128536, "typical_volume": 117547.7, "trend": 7.819867, "fair_value": 6.84791, "relative_strength": -3.27572, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 60.455921, "energy": 50.643764, "activity_lines": [ 8.261733, 8.247273, 8.118914, 7.99894 ] }, { "date": "2026-02-06", "close": 8.274, "volume": 356881, "typical_volume": 129192.7, "trend": 7.853967, "fair_value": 6.860423, "relative_strength": -1.657357, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 58.353554, "energy": 41.992636, "activity_lines": [ 8.260533, 8.257127, 8.145724, 8.028239 ] }, { "date": "2026-02-13", "close": 8.248, "volume": 158753, "typical_volume": 132442.8, "trend": 7.8853, "fair_value": 6.872474, "relative_strength": -0.778211, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 44.039861, "energy": 30.43641, "activity_lines": [ 8.242267, 8.260182, 8.166848, 8.05366 ] }, { "date": "2026-02-20", "close": 8.351, "volume": 180259, "typical_volume": 136851.75, "trend": 7.919633, "fair_value": 6.885756, "relative_strength": -1.571952, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 53.252264, "energy": 33.824459, "activity_lines": [ 8.270867, 8.279182, 8.194714, 8.083705 ] }, { "date": "2026-02-27", "close": 8.377, "volume": 138159, "typical_volume": 138209.85, "trend": 7.9575, "fair_value": 6.899128, "relative_strength": -2.600895, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 65.739604, "energy": 45.837675, "activity_lines": [ 8.312067, 8.298, 8.222557, 8.113213 ] }, { "date": "2026-03-06", "close": 8.221, "volume": 134832, "typical_volume": 139965.15, "trend": 7.986233, "fair_value": 6.913173, "relative_strength": 2.219606, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 54.123958, "energy": 37.282742, "activity_lines": [ 8.295733, 8.285764, 8.232481, 8.130213 ] }, { "date": "2026-03-13", "close": 8.013, "volume": 168266, "typical_volume": 142470.25, "trend": 8.002033, "fair_value": 6.927372, "relative_strength": -0.694554, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 20.765381, "energy": 14.961124, "activity_lines": [ 8.202, 8.236145, 8.220119, 8.13194 ] }, { "date": "2026-03-20", "close": 7.857, "volume": 126218, "typical_volume": 144657.5, "trend": 8.0066, "fair_value": 6.940981, "relative_strength": 0.762289, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": -11.755405, "energy": 19.518033, "activity_lines": [ 8.073667, 8.160618, 8.192029, 8.122583 ] }, { "date": "2026-03-27", "close": 7.87, "volume": 78398, "typical_volume": 134621.3, "trend": 8.015, "fair_value": 6.953436, "relative_strength": -0.242263, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "mixed", "direction": -28.927657, "energy": 35.308357, "activity_lines": [ 7.975733, 8.097982, 8.16501, 8.11377 ] }, { "date": "2026-04-03", "close": 8.054, "volume": 166734, "typical_volume": 139519.65, "trend": 8.028067, "fair_value": 6.967186, "relative_strength": -2.768934, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -18.81038, "energy": 30.99328, "activity_lines": [ 7.9712, 8.078618, 8.154933, 8.116286 ] }, { "date": "2026-04-10", "close": 8.145, "volume": 71775, "typical_volume": 137568.25, "trend": 8.042, "fair_value": 6.980891, "relative_strength": -5.604216, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -16.843472, "energy": 25.98236, "activity_lines": [ 8.018533, 8.080164, 8.1529, 8.12383 ] }, { "date": "2026-04-17", "close": 8.449, "volume": 66382, "typical_volume": 135846.9, "trend": 8.0703, "fair_value": 6.996314, "relative_strength": -4.503641, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "up", "direction": 46.731405, "energy": 20.737537, "activity_lines": [ 8.172267, 8.136164, 8.178481, 8.150088 ] }, { "date": "2026-04-24", "close": 8.237, "volume": 74460, "typical_volume": 132860.6, "trend": 8.0914, "fair_value": 7.010526, "relative_strength": -4.445408, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 34.657133, "energy": 25.960073, "activity_lines": [ 8.226267, 8.150436, 8.182495, 8.160843 ] }, { "date": "2026-05-01", "close": 8.259, "volume": 109511, "typical_volume": 134010.8, "trend": 8.105833, "fair_value": 7.024737, "relative_strength": -5.23599, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 37.743882, "energy": 30.595836, "activity_lines": [ 8.262267, 8.168909, 8.187929, 8.171656 ] }, { "date": "2026-05-08", "close": 8.395, "volume": 170766, "typical_volume": 138979.5, "trend": 8.127867, "fair_value": 7.039603, "relative_strength": -5.629355, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 60.772863, "energy": 41.92667, "activity_lines": [ 8.317667, 8.213782, 8.205467, 8.190312 ] }, { "date": "2026-05-15", "close": 8.407, "volume": 132771, "typical_volume": 143709.7, "trend": 8.1514, "fair_value": 7.053974, "relative_strength": -5.077795, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 59.45044, "energy": 53.954687, "activity_lines": [ 8.354333, 8.260509, 8.223357, 8.20832 ] }, { "date": "2026-05-22", "close": 8.502, "volume": 181156, "typical_volume": 142888.35, "trend": 8.1738, "fair_value": 7.069686, "relative_strength": -4.694703, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 67.311791, "energy": 58.525147, "activity_lines": [ 8.4052, 8.321127, 8.249524, 8.23094 ] }, { "date": "2026-05-29", "close": 8.453, "volume": 179823, "typical_volume": 144904.9, "trend": 8.194833, "fair_value": 7.084474, "relative_strength": -6.142892, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 60.409337, "energy": 56.14965, "activity_lines": [ 8.4362, 8.363945, 8.269338, 8.248953 ] }, { "date": "2026-06-05", "close": 8.447, "volume": 43367, "typical_volume": 140291.8, "trend": 8.218133, "fair_value": 7.098846, "relative_strength": -5.834499, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 57.656491, "energy": 51.696554, "activity_lines": [ 8.4508, 8.394836, 8.2885, 8.265222 ] }, { "date": "2026-06-12", "close": 8.673, "volume": 24329, "typical_volume": 134568.8, "trend": 8.243133, "fair_value": 7.11475, "relative_strength": -6.201481, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 75.782597, "energy": 66.049827, "activity_lines": [ 8.5282, 8.456327, 8.32901, 8.294568 ] }, { "date": "2026-06-19", "close": 8.796, "volume": 37449, "typical_volume": 130014.45, "trend": 8.2742, "fair_value": 7.132295, "relative_strength": -7.157958, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 81.084634, "energy": 77.524929, "activity_lines": [ 8.628067, 8.528927, 8.379429, 8.330237 ] }, { "date": "2026-06-26", "close": 9.02, "volume": 22936, "typical_volume": 113317.2, "trend": 8.302867, "fair_value": 7.150712, "relative_strength": -1.801171, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 88.878944, "energy": 89.972681, "activity_lines": [ 8.776667, 8.630418, 8.447867, 8.378353 ] }, { "date": "2026-07-03", "close": 9.312, "volume": 60583, "typical_volume": 108408.7, "trend": 8.343433, "fair_value": 7.171551, "relative_strength": -1.555118, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 93.694167, "energy": 96.864313, "activity_lines": [ 8.988067, 8.774618, 8.540562, 8.443458 ] }, { "date": "2026-07-10", "close": 9.276, "volume": 139683, "typical_volume": 106379.9, "trend": 8.383267, "fair_value": 7.192154, "relative_strength": -1.504759, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 84.392673, "energy": 94.094751, "activity_lines": [ 9.1302, 8.892727, 8.624762, 8.503624 ] }, { "date": "2026-07-17", "close": 9.276, "volume": 142407, "typical_volume": 106592.3, "trend": 8.418167, "fair_value": 7.211692, "relative_strength": -0.088307, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 77.49829, "energy": 91.881375, "activity_lines": [ 9.217067, 8.992345, 8.704557, 8.561219 ] }, { "date": "2026-07-24", "close": 9.316, "volume": 125663, "typical_volume": 106133.85, "trend": 8.453867, "fair_value": 7.231199, "relative_strength": 0.496672, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 75.147177, "energy": 91.023929, "activity_lines": [ 9.277067, 9.083218, 8.783881, 8.619144 ] }, { "date": "2026-07-31", "close": 9.283, "volume": 144792, "typical_volume": 104960.15, "trend": 8.4917, "fair_value": 7.251244, "relative_strength": -0.53554, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.194775, "energy": 86.052287, "activity_lines": [ 9.2914, 9.151564, 8.854848, 8.672637 ] }, { "date": "2026-08-07", "close": 9.498, "volume": 152100, "typical_volume": 106254.25, "trend": 8.5271, "fair_value": 7.273128, "relative_strength": -1.157223, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 84.441553, "energy": 83.035992, "activity_lines": [ 9.359867, 9.2448, 8.940243, 8.737559 ] } ], "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." } } }