{ "ticker": { "uuid": "e7974ffe-28d9-49f5-9313-ae26bc5fe964", "symbol": "CEUD", "name": "iShares VII PLC -iShares Core MSCI EMU UCITS ETF EUR (Dist)", "exchange": "MIL", "country": "IT", "assetType": "etf" }, "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.", "analysis": { "eligible": true, "as_of": "2026-08-07", "benchmark": "FTSEMIB.MI", "stage": 2, "stage_name": "Advancing", "phase": "2b", "phase_label": "Stage 2B \u00b7 Advancing", "transition": "stage_2_healthy", "transition_label": "Stage 2 trend intact", "confidence": 92.293, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Established expansion", "architecture_gate": "up", "architecture_direction": 80.873, "architecture_energy": 62.005, "architecture_maturity": 56.027, "architecture_confidence": 64.86, "architecture_tenure": "Established", "architecture": { "interpretation": { "headline": "The weekly architecture is expanding upward.", "body": "Trend and Activity show sustained positive alignment with constructive price acceptance. Directional energy remains positive; cooling within this regime can indicate that it is maturing." }, "scores": { "balance": 13.29, "rotation_up": 53.84, "upward_expansion": 81.13, "deceleration": 66.77, "rotation_down": 27.02, "downward_expansion": 10.13 }, "activity_lines": [ 8.890133, 8.853418, 8.684838, 8.522218 ], "activity_state": "Wide", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.5 }, "latest_close": 9.075, "trend_reference": 8.353429, "distance_from_trend": 0.08638, "trend_direction": "Improving", "fair_value": 6.979535, "distance_from_fair_value": 0.30023, "fair_value_direction": "Improving", "relative_strength": -3.007904, "relative_strength_direction": "Improving", "price_momentum": 0.110118, "excess_performance": -0.060774, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.08638, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.043244, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.30023, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.071033, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.030079, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.026597, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.110118, "read": "Positive" }, { "label": "Volume balance", "positive": false, "value": 0.864705, "read": "Supply-led" } ], "volume": { "latest": 99838, "relative_activity": 0.283618, "balance": 0.864705, "dry_up": 0.435753, "accumulation_observations": 1, "distribution_observations": 2 }, "risk": { "range_context": 0.021835, "annualized_volatility": 0.169916, "from_high_reference": -0.002966, "from_low_reference": 0.263323 }, "levels": { "trend_reference": 8.353429, "fair_value_reference": 6.979535, "structural_low": 7.4, "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 41, "median_return": 0.016514, "positive_rate": 0.634146, "directional_follow_through": 0.634146, "median_excess_return": -0.006168, "regime_survival": 0.780488, "best_return": 0.072952, "worst_return": -0.097189, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 14, "median_return": 0.016341, "positive_rate": 0.785714, "directional_follow_through": 0.785714, "median_excess_return": -0.014791, "regime_survival": 0.642857, "best_return": 0.117861, "worst_return": -0.101872, "sufficient": true }, { "horizon": "Extended", "sample_count": 8, "median_return": 0.060251, "positive_rate": 0.875, "directional_follow_through": 0.875, "median_excess_return": -0.030175, "regime_survival": 0.5, "best_return": 0.131759, "worst_return": -0.166709, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 4, "median_return": 0.124587, "positive_rate": 0.75, "directional_follow_through": 0.75, "median_excess_return": -0.044415, "regime_survival": 0.25, "best_return": 0.17792, "worst_return": -0.118563, "sufficient": false } ], "ledger": [ { "regime": "balance", "label": "Balance", "color": "blue", "start": "2023-08-25", "end": "2023-10-13", "tenure": "Developing", "return": -0.03199, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2023-10-20", "end": "2023-12-01", "tenure": "Developing", "return": 0.099577, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2023-12-08", "end": "2023-12-22", "tenure": "New", "return": 0.003109, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2023-12-29", "end": "2024-06-21", "tenure": "Established", "return": 0.094222, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-06-28", "end": "2024-08-09", "tenure": "Developing", "return": -0.036059, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2024-08-16", "end": "2024-08-23", "tenure": "New", "return": 0.01447, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-08-30", "end": "2024-10-18", "tenure": "Developing", "return": 0.008628, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-10-25", "end": "2024-11-01", "tenure": "New", "return": -0.011088, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-11-08", "end": "2025-01-17", "tenure": "Developing", "return": 0.063598, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-01-24", "end": "2025-04-04", "tenure": "Developing", "return": -0.048643, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-04-11", "end": "2025-05-16", "tenure": "Developing", "return": 0.152558, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-05-23", "end": "2026-03-13", "tenure": "Extended", "return": 0.071031, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-03-20", "end": "2026-05-01", "tenure": "Developing", "return": 0.079413, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-05-08", "end": "2026-08-07", "tenure": "Established", "return": 0.097738, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 5.525161, "volume": 144253, "typical_volume": 144051.0, "trend": 5.580434, "fair_value": 5.084287, "relative_strength": -3.549068, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 18.352953, "energy": 10.213983, "activity_lines": [ 5.647767, 5.668824, 5.65478, 5.623676 ] }, { "date": "2023-08-25", "close": 5.562675, "volume": 2879, "typical_volume": 140925.5, "trend": 5.584773, "fair_value": 5.093168, "relative_strength": -4.244536, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 15.16252, "energy": 16.686256, "activity_lines": [ 5.605241, 5.648829, 5.647311, 5.62253 ] }, { "date": "2023-09-01", "close": 5.632894, "volume": 64670, "typical_volume": 142862.3, "trend": 5.587777, "fair_value": 5.103045, "relative_strength": -4.369503, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 10.327908, "energy": 16.040903, "activity_lines": [ 5.598693, 5.644688, 5.646429, 5.625635 ] }, { "date": "2023-09-08", "close": 5.564599, "volume": 115066, "typical_volume": 100749.65, "trend": 5.591371, "fair_value": 5.111901, "relative_strength": -3.972152, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -15.388043, "energy": 19.601, "activity_lines": [ 5.583222, 5.626677, 5.639002, 5.62414 ] }, { "date": "2023-09-15", "close": 5.632894, "volume": 93793, "typical_volume": 101919.85, "trend": 5.593564, "fair_value": 5.121314, "relative_strength": -4.842564, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 8.907083, "energy": 10.757686, "activity_lines": [ 5.598137, 5.623897, 5.638441, 5.626819 ] }, { "date": "2023-09-22", "close": 5.522275, "volume": 169535, "typical_volume": 107010.85, "trend": 5.595421, "fair_value": 5.131225, "relative_strength": -5.38282, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -20.791038, "energy": 17.266372, "activity_lines": [ 5.577681, 5.599244, 5.627281, 5.622219 ] }, { "date": "2023-09-29", "close": 5.472256, "volume": 49696, "typical_volume": 104295.2, "trend": 5.591978, "fair_value": 5.140264, "relative_strength": -4.96945, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -36.202046, "energy": 33.829027, "activity_lines": [ 5.540744, 5.569352, 5.611813, 5.614273 ] }, { "date": "2023-10-06", "close": 5.402037, "volume": 13256, "typical_volume": 101342.5, "trend": 5.590203, "fair_value": 5.148092, "relative_strength": -4.568298, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -43.709882, "energy": 50.961259, "activity_lines": [ 5.486428, 5.531766, 5.590338, 5.602019 ] }, { "date": "2023-10-13", "close": 5.384724, "volume": 69765, "typical_volume": 95820.3, "trend": 5.59496, "fair_value": 5.155926, "relative_strength": -6.114709, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -72.371102, "energy": 72.064986, "activity_lines": [ 5.441732, 5.499004, 5.568666, 5.588762 ] }, { "date": "2023-10-20", "close": 5.235629, "volume": 57824, "typical_volume": 96638.85, "trend": 5.59265, "fair_value": 5.163216, "relative_strength": -5.603384, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -83.365296, "energy": 82.465497, "activity_lines": [ 5.359329, 5.444484, 5.533976, 5.56558 ] }, { "date": "2023-10-27", "close": 5.224086, "volume": 20985, "typical_volume": 92730.3, "trend": 5.581874, "fair_value": 5.172121, "relative_strength": -5.409991, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -80.360799, "energy": 85.844554, "activity_lines": [ 5.299563, 5.395497, 5.499421, 5.541801 ] }, { "date": "2023-11-03", "close": 5.443399, "volume": 44113, "typical_volume": 91736.65, "trend": 5.578596, "fair_value": 5.180681, "relative_strength": -6.064819, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.618874, "energy": 73.456709, "activity_lines": [ 5.332781, 5.391859, 5.487551, 5.532867 ] }, { "date": "2023-11-10", "close": 5.451095, "volume": 10764, "typical_volume": 90092.75, "trend": 5.572819, "fair_value": 5.18748, "relative_strength": -5.23833, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.458669, "energy": 48.537943, "activity_lines": [ 5.370487, 5.391789, 5.477791, 5.524642 ] }, { "date": "2023-11-17", "close": 5.633855, "volume": 21110, "typical_volume": 90299.45, "trend": 5.572601, "fair_value": 5.195114, "relative_strength": -5.229427, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -20.030309, "energy": 13.886491, "activity_lines": [ 5.465844, 5.428254, 5.485922, 5.528579 ] }, { "date": "2023-11-24", "close": 5.685798, "volume": 72386, "typical_volume": 90041.75, "trend": 5.574804, "fair_value": 5.202498, "relative_strength": -4.009193, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": 0.30865, "energy": 22.537582, "activity_lines": [ 5.561905, 5.472903, 5.499407, 5.535882 ] }, { "date": "2023-12-01", "close": 5.756979, "volume": 67062, "typical_volume": 87257.65, "trend": 5.579442, "fair_value": 5.210349, "relative_strength": -4.261695, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "mixed", "direction": 37.227869, "energy": 42.813292, "activity_lines": [ 5.651683, 5.529533, 5.518959, 5.547636 ] }, { "date": "2023-12-08", "close": 5.878178, "volume": 64217, "typical_volume": 88442.95, "trend": 5.588214, "fair_value": 5.219321, "relative_strength": -3.621197, "stage": 3, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 49.130566, "energy": 69.101151, "activity_lines": [ 5.746334, 5.603932, 5.549945, 5.566909 ] }, { "date": "2023-12-15", "close": 5.91954, "volume": 52823, "typical_volume": 87331.85, "trend": 5.595296, "fair_value": 5.228066, "relative_strength": -2.720953, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 48.212174, "energy": 78.469123, "activity_lines": [ 5.825787, 5.67847, 5.584266, 5.588285 ] }, { "date": "2023-12-22", "close": 5.896454, "volume": 555529, "typical_volume": 87210.95, "trend": 5.604082, "fair_value": 5.236634, "relative_strength": -2.906573, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 75.527322, "energy": 90.502929, "activity_lines": [ 5.866315, 5.739402, 5.616012, 5.607714 ] }, { "date": "2023-12-29", "close": 5.892607, "volume": 62465, "typical_volume": 87609.55, "trend": 5.617344, "fair_value": 5.244812, "relative_strength": -2.836398, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 70.35125, "energy": 88.577412, "activity_lines": [ 5.888054, 5.79033, 5.646356, 5.626329 ] }, { "date": "2024-01-05", "close": 5.830083, "volume": 35431, "typical_volume": 82168.45, "trend": 5.624951, "fair_value": 5.252086, "relative_strength": -3.998328, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.245216, "energy": 82.455568, "activity_lines": [ 5.875164, 5.817946, 5.669615, 5.640054 ] }, { "date": "2024-01-12", "close": 5.851245, "volume": 40012, "typical_volume": 84025.1, "trend": 5.62891, "fair_value": 5.259833, "relative_strength": -3.589369, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.690912, "energy": 62.87307, "activity_lines": [ 5.864455, 5.83839, 5.693438, 5.654654 ] }, { "date": "2024-01-19", "close": 5.80315, "volume": 69158, "typical_volume": 84249.5, "trend": 5.637249, "fair_value": 5.267215, "relative_strength": -3.642741, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 51.85363, "energy": 49.370297, "activity_lines": [ 5.83951, 5.842675, 5.711307, 5.665895 ] }, { "date": "2024-01-26", "close": 6.012845, "volume": 306850, "typical_volume": 93838.7, "trend": 5.647033, "fair_value": 5.276815, "relative_strength": -0.400222, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 82.466898, "energy": 60.877859, "activity_lines": [ 5.892222, 5.878686, 5.748335, 5.690127 ] }, { "date": "2024-02-02", "close": 6.008035, "volume": 107926, "typical_volume": 94545.35, "trend": 5.662765, "fair_value": 5.28507, "relative_strength": -1.482139, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 79.476405, "energy": 73.287134, "activity_lines": [ 5.935572, 5.90693, 5.782772, 5.713417 ] }, { "date": "2024-02-09", "close": 6.049397, "volume": 31456, "typical_volume": 87641.4, "trend": 5.673266, "fair_value": 5.293337, "relative_strength": -2.142002, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 79.53746, "energy": 86.757179, "activity_lines": [ 5.985014, 5.936837, 5.81936, 5.738361 ] }, { "date": "2024-02-16", "close": 6.112529, "volume": 17629, "typical_volume": 86038.05, "trend": 5.685309, "fair_value": 5.301882, "relative_strength": -2.840468, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 84.014014, "energy": 93.325851, "activity_lines": [ 6.040879, 5.972905, 5.859452, 5.766701 ] }, { "date": "2024-02-23", "close": 6.221715, "volume": 71730, "typical_volume": 88961.75, "trend": 5.698015, "fair_value": 5.311816, "relative_strength": -3.920694, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 89.663149, "energy": 95.455662, "activity_lines": [ 6.11572, 6.024565, 5.906893, 5.801308 ] }, { "date": "2024-03-01", "close": 6.240074, "volume": 293627, "typical_volume": 100154.85, "trend": 5.716721, "fair_value": 5.321666, "relative_strength": -4.217472, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 86.855978, "energy": 94.872275, "activity_lines": [ 6.168776, 6.074068, 5.952179, 5.836279 ] }, { "date": "2024-03-08", "close": 6.316408, "volume": 24886, "typical_volume": 98507.95, "trend": 5.738754, "fair_value": 5.330703, "relative_strength": -4.308839, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 89.089528, "energy": 95.777532, "activity_lines": [ 6.232129, 6.131202, 6.000662, 5.874969 ] }, { "date": "2024-03-15", "close": 6.346362, "volume": 502604, "typical_volume": 122588.9, "trend": 5.766127, "fair_value": 5.33999, "relative_strength": -5.201632, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 84.620072, "energy": 93.634372, "activity_lines": [ 6.284908, 6.186078, 6.046852, 5.914169 ] }, { "date": "2024-03-22", "close": 6.43719, "volume": 487805, "typical_volume": 144773.5, "trend": 5.795278, "fair_value": 5.349635, "relative_strength": -4.814014, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 88.679612, "energy": 93.937836, "activity_lines": [ 6.348166, 6.24808, 6.096347, 5.957464 ] }, { "date": "2024-03-29", "close": 6.49903, "volume": 249528, "typical_volume": 156711.7, "trend": 5.824149, "fair_value": 5.359068, "relative_strength": -4.859109, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 87.9708, "energy": 85.327621, "activity_lines": [ 6.410392, 6.310673, 6.147, 6.002867 ] }, { "date": "2024-04-05", "close": 6.417865, "volume": 145088, "typical_volume": 162910.6, "trend": 5.852591, "fair_value": 5.367757, "relative_strength": -3.865408, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.385792, "energy": 68.405053, "activity_lines": [ 6.427076, 6.345856, 6.184932, 6.041171 ] }, { "date": "2024-04-12", "close": 6.356024, "volume": 199926, "typical_volume": 169287.6, "trend": 5.876695, "fair_value": 5.375562, "relative_strength": -3.967797, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.63316, "energy": 67.011125, "activity_lines": [ 6.411294, 6.362431, 6.213242, 6.073651 ] }, { "date": "2024-04-19", "close": 6.308678, "volume": 1485727, "typical_volume": 240220.85, "trend": 5.902909, "fair_value": 5.38323, "relative_strength": -4.965715, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.613725, "energy": 62.809555, "activity_lines": [ 6.377089, 6.364071, 6.233851, 6.101521 ] }, { "date": "2024-04-26", "close": 6.45265, "volume": 359300, "typical_volume": 254975.0, "trend": 5.935589, "fair_value": 5.391919, "relative_strength": -3.546306, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 74.526765, "energy": 63.617917, "activity_lines": [ 6.393386, 6.387173, 6.265544, 6.136988 ] }, { "date": "2024-05-03", "close": 6.408202, "volume": 253274, "typical_volume": 264997.55, "trend": 5.969128, "fair_value": 5.399777, "relative_strength": -2.298935, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 53.98823, "energy": 51.290336, "activity_lines": [ 6.393837, 6.39601, 6.290269, 6.167479 ] }, { "date": "2024-05-10", "close": 6.619812, "volume": 666688, "typical_volume": 270555.5, "trend": 6.010297, "fair_value": 5.4096, "relative_strength": -1.927966, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 84.565168, "energy": 66.429869, "activity_lines": [ 6.47088, 6.43993, 6.33282, 6.209459 ] }, { "date": "2024-05-17", "close": 6.64107, "volume": 140140, "typical_volume": 274439.25, "trend": 6.057145, "fair_value": 5.41914, "relative_strength": -3.486888, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 82.978356, "energy": 71.280061, "activity_lines": [ 6.541545, 6.480812, 6.373951, 6.250154 ] }, { "date": "2024-05-24", "close": 6.621745, "volume": 11668, "typical_volume": 273251.1, "trend": 6.103734, "fair_value": 5.427845, "relative_strength": -1.049514, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 74.372481, "energy": 76.404222, "activity_lines": [ 6.586766, 6.512277, 6.409677, 6.286579 ] }, { "date": "2024-05-31", "close": 6.560871, "volume": 138707, "typical_volume": 278185.85, "trend": 6.140983, "fair_value": 5.436039, "relative_strength": -1.837634, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.907433, "energy": 72.216353, "activity_lines": [ 6.590825, 6.527667, 6.435836, 6.316072 ] }, { "date": "2024-06-07", "close": 6.639137, "volume": 45415, "typical_volume": 276998.7, "trend": 6.180584, "fair_value": 5.444287, "relative_strength": -1.003802, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 70.927242, "energy": 64.572421, "activity_lines": [ 6.613757, 6.555038, 6.46607, 6.348211 ] }, { "date": "2024-06-14", "close": 6.368586, "volume": 31479, "typical_volume": 263230.15, "trend": 6.205075, "fair_value": 5.451226, "relative_strength": 0.869827, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 58.27376, "energy": 43.253412, "activity_lines": [ 6.53111, 6.530671, 6.466556, 6.36034 ] }, { "date": "2024-06-21", "close": 6.447819, "volume": 103793, "typical_volume": 263023.5, "trend": 6.230476, "fair_value": 5.458167, "relative_strength": 0.25505, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 41.76091, "energy": 27.49066, "activity_lines": [ 6.491622, 6.521606, 6.472894, 6.376001 ] }, { "date": "2024-06-28", "close": 6.404337, "volume": 21133, "typical_volume": 262507.35, "trend": 6.252055, "fair_value": 5.465106, "relative_strength": 0.138464, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 33.918455, "energy": 22.311091, "activity_lines": [ 6.450524, 6.502966, 6.472997, 6.387218 ] }, { "date": "2024-07-05", "close": 6.528018, "volume": 34176, "typical_volume": 263334.7, "trend": 6.273716, "fair_value": 5.472911, "relative_strength": -0.360502, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 35.515773, "energy": 25.312583, "activity_lines": [ 6.465147, 6.505074, 6.483188, 6.405022 ] }, { "date": "2024-07-12", "close": 6.620778, "volume": 9465, "typical_volume": 260221.45, "trend": 6.297091, "fair_value": 5.481581, "relative_strength": -0.592259, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 54.548463, "energy": 28.989723, "activity_lines": [ 6.51288, 6.522677, 6.500236, 6.427413 ] }, { "date": "2024-07-19", "close": 6.373417, "volume": 52552, "typical_volume": 248167.7, "trend": 6.312989, "fair_value": 5.487989, "relative_strength": -3.159303, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 13.521676, "energy": 10.057616, "activity_lines": [ 6.479383, 6.491441, 6.491825, 6.432337 ] }, { "date": "2024-07-26", "close": 6.405304, "volume": 43863, "typical_volume": 249116.55, "trend": 6.330079, "fair_value": 5.49448, "relative_strength": -1.427702, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 13.60045, "energy": 9.620821, "activity_lines": [ 6.456193, 6.470482, 6.485816, 6.438293 ] }, { "date": "2024-08-02", "close": 6.133786, "volume": 491968, "typical_volume": 248584.75, "trend": 6.340203, "fair_value": 5.498679, "relative_strength": -0.249467, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -18.986902, "energy": 23.083108, "activity_lines": [ 6.345331, 6.404443, 6.453524, 6.425629 ] }, { "date": "2024-08-09", "close": 6.173402, "volume": 92612, "typical_volume": 228825.1, "trend": 6.350941, "fair_value": 5.502711, "relative_strength": 1.201937, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -34.706894, "energy": 51.93766, "activity_lines": [ 6.265712, 6.354478, 6.426018, 6.414868 ] }, { "date": "2024-08-16", "close": 6.365131, "volume": 49883, "typical_volume": 218842.85, "trend": 6.369674, "fair_value": 5.50877, "relative_strength": 0.433167, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -21.287565, "energy": 46.162838, "activity_lines": [ 6.273643, 6.346419, 6.418028, 6.415783 ] }, { "date": "2024-08-23", "close": 6.457236, "volume": 77225, "typical_volume": 215449.7, "trend": 6.384487, "fair_value": 5.514965, "relative_strength": 0.095779, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -21.438462, "energy": 33.853512, "activity_lines": [ 6.329319, 6.360088, 6.419448, 6.421432 ] }, { "date": "2024-08-30", "close": 6.542408, "volume": 20003, "typical_volume": 206453.55, "trend": 6.402299, "fair_value": 5.521706, "relative_strength": -0.654589, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 10.472864, "energy": 7.196198, "activity_lines": [ 6.407798, 6.38763, 6.428791, 6.431621 ] }, { "date": "2024-09-06", "close": 6.296795, "volume": 36039, "typical_volume": 133969.15, "trend": 6.410546, "fair_value": 5.527088, "relative_strength": -1.197689, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -11.63097, "energy": 12.726558, "activity_lines": [ 6.395265, 6.368797, 6.413856, 6.424814 ] }, { "date": "2024-09-13", "close": 6.427525, "volume": 40890, "typical_volume": 118048.65, "trend": 6.421046, "fair_value": 5.533669, "relative_strength": 0.056181, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 2.777473, "energy": 11.352005, "activity_lines": [ 6.415442, 6.375687, 6.411427, 6.42591 ] }, { "date": "2024-09-20", "close": 6.44238, "volume": 116891, "typical_volume": 111229.5, "trend": 6.428401, "fair_value": 5.539815, "relative_strength": -0.264469, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -19.700881, "energy": 14.386776, "activity_lines": [ 6.423629, 6.387106, 6.410533, 6.427286 ] }, { "date": "2024-09-27", "close": 6.684031, "volume": 76850, "typical_volume": 81737.6, "trend": 6.4432, "fair_value": 5.548821, "relative_strength": 0.614115, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 41.771305, "energy": 32.322906, "activity_lines": [ 6.507217, 6.445704, 6.43249, 6.443778 ] }, { "date": "2024-10-04", "close": 6.540427, "volume": 57406, "typical_volume": 77600.9, "trend": 6.450667, "fair_value": 5.556534, "relative_strength": 1.768294, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 17.847794, "energy": 29.333397, "activity_lines": [ 6.527816, 6.472545, 6.440465, 6.450051 ] }, { "date": "2024-10-11", "close": 6.586975, "volume": 38623, "typical_volume": 78948.65, "trend": 6.458688, "fair_value": 5.563747, "relative_strength": 0.346462, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 31.312096, "energy": 42.269048, "activity_lines": [ 6.564064, 6.505393, 6.453353, 6.458845 ] }, { "date": "2024-10-18", "close": 6.598859, "volume": 88042, "typical_volume": 76415.4, "trend": 6.464077, "fair_value": 5.571117, "relative_strength": -1.99232, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 52.971322, "energy": 55.425845, "activity_lines": [ 6.584928, 6.532162, 6.467538, 6.467888 ] }, { "date": "2024-10-25", "close": 6.52062, "volume": 5635, "typical_volume": 74426.4, "trend": 6.464796, "fair_value": 5.577451, "relative_strength": -1.923515, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 55.196411, "energy": 41.298468, "activity_lines": [ 6.56829, 6.53697, 6.47409, 6.471536 ] }, { "date": "2024-11-01", "close": 6.448322, "volume": 11674, "typical_volume": 73436.15, "trend": 6.465812, "fair_value": 5.582476, "relative_strength": -2.693352, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 35.615649, "energy": 20.566356, "activity_lines": [ 6.522336, 6.525806, 6.474322, 6.470473 ] }, { "date": "2024-11-08", "close": 6.369093, "volume": 15754, "typical_volume": 69034.2, "trend": 6.466247, "fair_value": 5.586888, "relative_strength": -1.418812, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -12.879882, "energy": 10.939709, "activity_lines": [ 6.465687, 6.500398, 6.466628, 6.464234 ] }, { "date": "2024-11-15", "close": 6.36117, "volume": 8229, "typical_volume": 68389.0, "trend": 6.467997, "fair_value": 5.59129, "relative_strength": -2.572758, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -17.421847, "energy": 21.327467, "activity_lines": [ 6.417819, 6.476701, 6.458554, 6.457454 ] }, { "date": "2024-11-22", "close": 6.364141, "volume": 64691, "typical_volume": 69914.75, "trend": 6.465047, "fair_value": 5.597646, "relative_strength": -0.467046, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -36.179327, "energy": 30.784037, "activity_lines": [ 6.385995, 6.452374, 6.450969, 6.450754 ] }, { "date": "2024-11-29", "close": 6.389891, "volume": 134198, "typical_volume": 76151.4, "trend": 6.464436, "fair_value": 5.604376, "relative_strength": 0.186367, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -43.451406, "energy": 37.02465, "activity_lines": [ 6.378402, 6.433881, 6.446617, 6.445905 ] }, { "date": "2024-12-06", "close": 6.586975, "volume": 126098, "typical_volume": 79828.7, "trend": 6.463342, "fair_value": 5.611414, "relative_strength": -0.653314, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -16.135624, "energy": 11.023713, "activity_lines": [ 6.44522, 6.452176, 6.462134, 6.453811 ] }, { "date": "2024-12-13", "close": 6.565187, "volume": 226427, "typical_volume": 88956.9, "trend": 6.460812, "fair_value": 5.618598, "relative_strength": -1.309628, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 14.139853, "energy": 11.832614, "activity_lines": [ 6.495531, 6.468274, 6.474559, 6.460382 ] }, { "date": "2024-12-20", "close": 6.426534, "volume": 278731, "typical_volume": 78295.05, "trend": 6.454305, "fair_value": 5.624066, "relative_strength": -0.141305, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 24.663639, "energy": 17.108123, "activity_lines": [ 6.486551, 6.458713, 6.473018, 6.45817 ] }, { "date": "2024-12-27", "close": 6.465159, "volume": 117197, "typical_volume": 79524.3, "trend": 6.451115, "fair_value": 5.629409, "relative_strength": -0.653742, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 32.248774, "energy": 22.248699, "activity_lines": [ 6.486089, 6.459091, 6.473761, 6.45887 ] }, { "date": "2025-01-03", "close": 6.452284, "volume": 83103, "typical_volume": 81185.3, "trend": 6.444886, "fair_value": 5.634762, "relative_strength": -0.731067, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 27.43612, "energy": 13.985323, "activity_lines": [ 6.4746, 6.459559, 6.471889, 6.458946 ] }, { "date": "2025-01-10", "close": 6.566177, "volume": 99268, "typical_volume": 82287.45, "trend": 6.451473, "fair_value": 5.641102, "relative_strength": -1.699667, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 52.233119, "energy": 21.85913, "activity_lines": [ 6.496917, 6.481977, 6.480448, 6.466771 ] }, { "date": "2025-01-17", "close": 6.774156, "volume": 257828, "typical_volume": 94178.7, "trend": 6.462351, "fair_value": 5.649358, "relative_strength": -1.832004, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 74.336124, "energy": 60.961033, "activity_lines": [ 6.589946, 6.540067, 6.508297, 6.487589 ] }, { "date": "2025-01-24", "close": 6.862298, "volume": 52708, "typical_volume": 95012.15, "trend": 6.477616, "fair_value": 5.65893, "relative_strength": -0.286317, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 79.588041, "energy": 78.017216, "activity_lines": [ 6.698425, 6.606818, 6.543436, 6.513392 ] }, { "date": "2025-01-31", "close": 6.952423, "volume": 167785, "typical_volume": 101356.9, "trend": 6.491763, "fair_value": 5.669254, "relative_strength": 0.322989, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 83.834174, "energy": 88.174917, "activity_lines": [ 6.807894, 6.680844, 6.584466, 6.544025 ] }, { "date": "2025-02-07", "close": 6.983124, "volume": 99636, "typical_volume": 100494.15, "trend": 6.503841, "fair_value": 5.679262, "relative_strength": -0.764645, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 79.476158, "energy": 90.488483, "activity_lines": [ 6.895113, 6.749756, 6.62592, 6.575726 ] }, { "date": "2025-02-14", "close": 7.194387, "volume": 304117, "typical_volume": 111857.5, "trend": 6.531207, "fair_value": 5.691274, "relative_strength": -0.212207, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 91.160596, "energy": 96.059954, "activity_lines": [ 7.017363, 6.846294, 6.68492, 6.620277 ] }, { "date": "2025-02-21", "close": 7.171494, "volume": 365885, "typical_volume": 127281.45, "trend": 6.556746, "fair_value": 5.704086, "relative_strength": -1.640724, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 81.445346, "energy": 92.638687, "activity_lines": [ 7.090102, 6.927625, 6.739309, 6.661586 ] }, { "date": "2025-02-28", "close": 7.175476, "volume": 63193, "typical_volume": 128509.95, "trend": 6.591469, "fair_value": 5.720225, "relative_strength": -2.14375, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 75.226694, "energy": 89.832256, "activity_lines": [ 7.137679, 6.998656, 6.791072, 6.701504 ] }, { "date": "2025-03-07", "close": 7.219271, "volume": 790693, "typical_volume": 163642.5, "trend": 6.626332, "fair_value": 5.735649, "relative_strength": -1.36803, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 75.588416, "energy": 88.379943, "activity_lines": [ 7.178976, 7.064033, 6.844203, 6.742007 ] }, { "date": "2025-03-14", "close": 7.152583, "volume": 247410, "typical_volume": 175731.25, "trend": 6.65258, "fair_value": 5.748937, "relative_strength": -2.416573, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.153672, "energy": 65.800957, "activity_lines": [ 7.180253, 7.103574, 6.888029, 6.775959 ] }, { "date": "2025-03-21", "close": 7.195383, "volume": 557764, "typical_volume": 203035.75, "trend": 6.677185, "fair_value": 5.762716, "relative_strength": -2.760153, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.124888, "energy": 64.847672, "activity_lines": [ 7.1845, 7.138164, 6.932922, 6.810979 ] }, { "date": "2025-03-28", "close": 7.077931, "volume": 142479, "typical_volume": 209372.0, "trend": 6.695036, "fair_value": 5.775298, "relative_strength": -3.571879, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.747813, "energy": 54.953843, "activity_lines": [ 7.14953, 7.139958, 6.963072, 6.836833 ] }, { "date": "2025-04-04", "close": 6.528498, "volume": 89961, "typical_volume": 213458.6, "trend": 6.702759, "fair_value": 5.784808, "relative_strength": -0.5555, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 11.693941, "energy": 16.020119, "activity_lines": [ 6.937653, 7.036333, 6.937519, 6.826089 ] }, { "date": "2025-04-11", "close": 6.420005, "volume": 447757, "typical_volume": 232611.9, "trend": 6.702508, "fair_value": 5.793576, "relative_strength": -0.427677, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -5.247311, "energy": 23.593191, "activity_lines": [ 6.732744, 6.919051, 6.900837, 6.807847 ] }, { "date": "2025-04-18", "close": 6.657894, "volume": 55078, "typical_volume": 228655.9, "trend": 6.709692, "fair_value": 5.803529, "relative_strength": -2.331058, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -18.125721, "energy": 33.598247, "activity_lines": [ 6.660415, 6.854702, 6.886545, 6.804968 ] }, { "date": "2025-04-25", "close": 6.929624, "volume": 169504, "typical_volume": 230826.2, "trend": 6.717879, "fair_value": 5.815909, "relative_strength": -2.039944, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -12.237276, "energy": 28.604424, "activity_lines": [ 6.711643, 6.845671, 6.896855, 6.819157 ] }, { "date": "2025-05-02", "close": 7.134666, "volume": 78959, "typical_volume": 223452.8, "trend": 6.737687, "fair_value": 5.830627, "relative_strength": -1.676209, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 28.8466, "energy": 19.310169, "activity_lines": [ 6.848934, 6.878735, 6.925062, 6.846047 ] }, { "date": "2025-05-09", "close": 7.229225, "volume": 804523, "typical_volume": 249742.4, "trend": 6.759095, "fair_value": 5.84601, "relative_strength": -2.937061, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 53.408147, "energy": 34.540055, "activity_lines": [ 7.013964, 6.92966, 6.959563, 6.877759 ] }, { "date": "2025-05-16", "close": 7.399429, "volume": 265366, "typical_volume": 257150.85, "trend": 6.785781, "fair_value": 5.862215, "relative_strength": -3.739481, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 73.797307, "energy": 61.025635, "activity_lines": [ 7.189012, 7.010555, 7.006451, 6.919071 ] }, { "date": "2025-05-23", "close": 7.323782, "volume": 273449, "typical_volume": 266668.15, "trend": 6.812553, "fair_value": 5.876682, "relative_strength": -1.80867, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.55026, "energy": 70.19866, "activity_lines": [ 7.27355, 7.07442, 7.041686, 6.953781 ] }, { "date": "2025-05-30", "close": 7.398434, "volume": 419060, "typical_volume": 282657.75, "trend": 6.844223, "fair_value": 5.891892, "relative_strength": -2.265894, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 69.914147, "energy": 75.997974, "activity_lines": [ 7.33858, 7.148746, 7.07988, 6.99158 ] }, { "date": "2025-06-06", "close": 7.463132, "volume": 522953, "typical_volume": 295914.0, "trend": 6.880691, "fair_value": 5.908914, "relative_strength": -2.584967, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 71.653481, "energy": 76.780151, "activity_lines": [ 7.393922, 7.231143, 7.120274, 7.031509 ] }, { "date": "2025-06-13", "close": 7.30288, "volume": 215161, "typical_volume": 304036.65, "trend": 6.912081, "fair_value": 5.926267, "relative_strength": -1.767671, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 62.224993, "energy": 56.509564, "activity_lines": [ 7.373948, 7.277399, 7.142124, 7.058747 ] }, { "date": "2025-06-20", "close": 7.223252, "volume": 175688, "typical_volume": 304431.8, "trend": 6.940718, "fair_value": 5.942495, "relative_strength": -2.229312, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 57.962141, "energy": 41.589463, "activity_lines": [ 7.322522, 7.295098, 7.154292, 7.078823 ] }, { "date": "2025-06-27", "close": 7.36061, "volume": 403322, "typical_volume": 319616.1, "trend": 6.973076, "fair_value": 5.960288, "relative_strength": -1.571127, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 59.319381, "energy": 38.560058, "activity_lines": [ 7.328626, 7.323167, 7.178253, 7.105912 ] }, { "date": "2025-07-04", "close": 7.332741, "volume": 170384, "typical_volume": 312929.45, "trend": 6.997935, "fair_value": 5.977289, "relative_strength": -1.576405, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 44.809504, "energy": 30.816623, "activity_lines": [ 7.322986, 7.333392, 7.197762, 7.129117 ] }, { "date": "2025-07-11", "close": 7.434267, "volume": 563840, "typical_volume": 322827.2, "trend": 7.026904, "fair_value": 5.995244, "relative_strength": -1.288833, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.902245, "energy": 41.972702, "activity_lines": [ 7.355568, 7.354747, 7.226281, 7.157267 ] }, { "date": "2025-07-18", "close": 7.422322, "volume": 241514, "typical_volume": 331743.25, "trend": 7.060097, "fair_value": 6.012163, "relative_strength": -1.997962, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 62.909257, "energy": 54.904388, "activity_lines": [ 7.386092, 7.368483, 7.252411, 7.182778 ] }, { "date": "2025-07-25", "close": 7.456164, "volume": 458389, "typical_volume": 315128.05, "trend": 7.09313, "fair_value": 6.028403, "relative_strength": -2.488448, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.768585, "energy": 64.620502, "activity_lines": [ 7.419933, 7.384861, 7.280589, 7.208331 ] }, { "date": "2025-08-01", "close": 7.231215, "volume": 333814, "typical_volume": 319448.25, "trend": 7.119095, "fair_value": 6.042892, "relative_strength": -3.472387, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 55.825265, "energy": 37.37933, "activity_lines": [ 7.363265, 7.359308, 7.286215, 7.217239 ] }, { "date": "2025-08-08", "close": 7.469104, "volume": 176608, "typical_volume": 300390.45, "trend": 7.149192, "fair_value": 6.05865, "relative_strength": -4.178003, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.134244, "energy": 40.076594, "activity_lines": [ 7.394519, 7.37869, 7.314123, 7.239821 ] }, { "date": "2025-08-15", "close": 7.393457, "volume": 89426, "typical_volume": 297737.8, "trend": 7.169836, "fair_value": 6.073724, "relative_strength": -7.255051, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 54.80833, "energy": 33.381243, "activity_lines": [ 7.391466, 7.383033, 7.333523, 7.25558 ] }, { "date": "2025-08-22", "close": 7.47209, "volume": 52973, "typical_volume": 295888.4, "trend": 7.190162, "fair_value": 6.091035, "relative_strength": -7.504038, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.817685, "energy": 36.865542, "activity_lines": [ 7.417346, 7.40294, 7.358909, 7.27508 ] }, { "date": "2025-08-29", "close": 7.289941, "volume": 258972, "typical_volume": 286449.15, "trend": 7.201413, "fair_value": 6.107585, "relative_strength": -7.208304, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 42.393002, "energy": 28.49449, "activity_lines": [ 7.379191, 7.386653, 7.362454, 7.281517 ] }, { "date": "2025-09-05", "close": 7.231215, "volume": 419791, "typical_volume": 304684.8, "trend": 7.209682, "fair_value": 6.123477, "relative_strength": -6.506819, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 25.07065, "energy": 12.892572, "activity_lines": [ 7.332542, 7.358475, 7.356264, 7.28344 ] }, { "date": "2025-09-12", "close": 7.345681, "volume": 123495, "typical_volume": 302384.35, "trend": 7.214726, "fair_value": 6.140103, "relative_strength": -6.982429, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 21.367745, "energy": 12.692633, "activity_lines": [ 7.324048, 7.353462, 7.358246, 7.292214 ] }, { "date": "2025-09-19", "close": 7.40142, "volume": 153701, "typical_volume": 306121.45, "trend": 7.22239, "fair_value": 6.157087, "relative_strength": -5.558409, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 26.245574, "energy": 16.467758, "activity_lines": [ 7.342363, 7.358349, 7.363554, 7.304259 ] }, { "date": "2025-09-26", "close": 7.436257, "volume": 258293, "typical_volume": 278809.95, "trend": 7.231082, "fair_value": 6.176669, "relative_strength": -5.679761, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 43.076686, "energy": 19.209457, "activity_lines": [ 7.371759, 7.370166, 7.37091, 7.318057 ] }, { "date": "2025-10-03", "close": 7.648267, "volume": 129877, "typical_volume": 272035.5, "trend": 7.245382, "fair_value": 6.197239, "relative_strength": -4.184865, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 73.20883, "energy": 57.901887, "activity_lines": [ 7.474213, 7.420277, 7.397472, 7.344972 ] }, { "date": "2025-10-10", "close": 7.51489, "volume": 262423, "typical_volume": 271484.2, "trend": 7.257459, "fair_value": 6.216882, "relative_strength": -3.012452, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 57.261848, "energy": 59.935638, "activity_lines": [ 7.508321, 7.442646, 7.410146, 7.362359 ] }, { "date": "2025-10-17", "close": 7.582573, "volume": 606420, "typical_volume": 280852.2, "trend": 7.270366, "fair_value": 6.23633, "relative_strength": -1.398982, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.764325, "energy": 66.59352, "activity_lines": [ 7.546077, 7.472162, 7.428356, 7.383335 ] }, { "date": "2025-10-24", "close": 7.67982, "volume": 110583, "typical_volume": 260233.7, "trend": 7.290428, "fair_value": 6.255337, "relative_strength": -1.778733, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 75.403263, "energy": 75.149567, "activity_lines": [ 7.600457, 7.517297, 7.454951, 7.409751 ] }, { "date": "2025-10-31", "close": 7.666183, "volume": 190260, "typical_volume": 258988.65, "trend": 7.328351, "fair_value": 6.273724, "relative_strength": -3.430784, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 70.439716, "energy": 72.340667, "activity_lines": [ 7.631731, 7.554746, 7.479215, 7.433993 ] }, { "date": "2025-11-07", "close": 7.539773, "volume": 127745, "typical_volume": 256591.5, "trend": 7.365677, "fair_value": 6.289827, "relative_strength": -4.327711, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.986625, "energy": 57.509485, "activity_lines": [ 7.60554, 7.565682, 7.48971, 7.447633 ] }, { "date": "2025-11-14", "close": 7.706992, "volume": 360815, "typical_volume": 254466.15, "trend": 7.400647, "fair_value": 6.306708, "relative_strength": -4.491208, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 71.802057, "energy": 57.654722, "activity_lines": [ 7.642321, 7.602479, 7.514624, 7.469654 ] }, { "date": "2025-11-21", "close": 7.483039, "volume": 419601, "typical_volume": 266927.0, "trend": 7.419094, "fair_value": 6.321781, "relative_strength": -4.222417, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 54.169164, "energy": 33.537505, "activity_lines": [ 7.591645, 7.589907, 7.516559, 7.474969 ] }, { "date": "2025-11-28", "close": 7.690071, "volume": 323828, "typical_volume": 254926.4, "trend": 7.437608, "fair_value": 6.338015, "relative_strength": -3.009136, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.91202, "energy": 35.889094, "activity_lines": [ 7.616614, 7.612479, 7.537496, 7.492452 ] }, { "date": "2025-12-05", "close": 7.757755, "volume": 233929, "typical_volume": 254547.15, "trend": 7.455225, "fair_value": 6.355035, "relative_strength": -2.214195, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 69.387446, "energy": 43.550078, "activity_lines": [ 7.663462, 7.64211, 7.563661, 7.513106 ] }, { "date": "2025-12-12", "close": 7.752779, "volume": 210523, "typical_volume": 242153.85, "trend": 7.467004, "fair_value": 6.373085, "relative_strength": -2.355961, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.028622, "energy": 42.213359, "activity_lines": [ 7.702547, 7.66499, 7.587755, 7.532303 ] }, { "date": "2025-12-19", "close": 7.839374, "volume": 234868, "typical_volume": 237206.55, "trend": 7.48419, "fair_value": 6.391521, "relative_strength": -3.855773, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 73.659725, "energy": 69.46966, "activity_lines": [ 7.756295, 7.701715, 7.618683, 7.556327 ] }, { "date": "2025-12-26", "close": 7.819467, "volume": 76697, "typical_volume": 232211.0, "trend": 7.498224, "fair_value": 6.410022, "relative_strength": -3.633288, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.72353, "energy": 70.407919, "activity_lines": [ 7.794583, 7.728921, 7.64482, 7.577958 ] }, { "date": "2026-01-02", "close": 7.95583, "volume": 96219, "typical_volume": 232550.65, "trend": 7.514648, "fair_value": 6.427485, "relative_strength": -3.470107, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 80.049603, "energy": 79.622389, "activity_lines": [ 7.855897, 7.776613, 7.682275, 7.607481 ] }, { "date": "2026-01-09", "close": 8.137979, "volume": 185282, "typical_volume": 239166.1, "trend": 7.542484, "fair_value": 6.445152, "relative_strength": -1.910402, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 89.391174, "energy": 90.097431, "activity_lines": [ 7.96021, 7.852404, 7.734399, 7.647696 ] }, { "date": "2026-01-16", "close": 8.183764, "volume": 872979, "typical_volume": 269866.45, "trend": 7.574501, "fair_value": 6.463309, "relative_strength": -1.448443, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 86.695695, "energy": 93.34274, "activity_lines": [ 8.054436, 7.927942, 7.787713, 7.689069 ] }, { "date": "2026-01-23", "close": 8.083235, "volume": 414834, "typical_volume": 269618.6, "trend": 7.598589, "fair_value": 6.480301, "relative_strength": -0.459518, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.312171, "energy": 85.911801, "activity_lines": [ 8.08642, 7.973493, 7.827197, 7.72189 ] }, { "date": "2026-01-30", "close": 8.087215, "volume": 332947, "typical_volume": 280091.2, "trend": 7.623738, "fair_value": 6.496612, "relative_strength": -1.795389, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.651768, "energy": 80.895142, "activity_lines": [ 8.103473, 8.012927, 7.863002, 7.753415 ] }, { "date": "2026-02-06", "close": 8.174807, "volume": 83631, "typical_volume": 276587.7, "trend": 7.648423, "fair_value": 6.514035, "relative_strength": -1.381515, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 71.077539, "energy": 67.271996, "activity_lines": [ 8.131874, 8.057301, 7.903619, 7.788967 ] }, { "date": "2026-02-13", "close": 8.166843, "volume": 178610, "typical_volume": 272603.55, "trend": 7.67324, "fair_value": 6.5307, "relative_strength": -0.407867, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.868822, "energy": 61.482406, "activity_lines": [ 8.143021, 8.091414, 7.939794, 7.822414 ] }, { "date": "2026-02-20", "close": 8.365, "volume": 244119, "typical_volume": 278315.65, "trend": 7.703535, "fair_value": 6.54928, "relative_strength": -0.207807, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 85.134944, "energy": 75.3508, "activity_lines": [ 8.218297, 8.154118, 7.991362, 7.867044 ] }, { "date": "2026-02-27", "close": 8.396, "volume": 117553, "typical_volume": 271072.15, "trend": 7.742361, "fair_value": 6.56736, "relative_strength": -1.319718, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 82.070337, "energy": 88.080716, "activity_lines": [ 8.291824, 8.211327, 8.04247, 7.911719 ] }, { "date": "2026-03-06", "close": 7.854, "volume": 771593, "typical_volume": 279330.8, "trend": 7.755191, "fair_value": 6.582736, "relative_strength": -1.199779, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 50.703944, "energy": 45.094824, "activity_lines": [ 8.163833, 8.15987, 8.037763, 7.918921 ] }, { "date": "2026-03-13", "close": 7.844, "volume": 1136583, "typical_volume": 330630.8, "trend": 7.770209, "fair_value": 6.599415, "relative_strength": -1.608475, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 30.161007, "energy": 23.09891, "activity_lines": [ 8.048056, 8.105967, 8.030811, 7.924651 ] }, { "date": "2026-03-20", "close": 7.568, "volume": 781603, "typical_volume": 360197.95, "trend": 7.773406, "fair_value": 6.613922, "relative_strength": -1.719265, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -5.197022, "energy": 21.397998, "activity_lines": [ 7.862333, 8.003915, 7.996791, 7.911605 ] }, { "date": "2026-03-27", "close": 7.58, "volume": 367263, "typical_volume": 372173.85, "trend": 7.783074, "fair_value": 6.626952, "relative_strength": -2.70131, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -32.95262, "energy": 40.871296, "activity_lines": [ 7.720533, 7.914408, 7.964382, 7.899127 ] }, { "date": "2026-04-03", "close": 7.858, "volume": 744009, "typical_volume": 391333.55, "trend": 7.803967, "fair_value": 6.6418, "relative_strength": -3.931737, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -20.591818, "energy": 33.523421, "activity_lines": [ 7.723733, 7.886425, 7.958258, 7.903961 ] }, { "date": "2026-04-10", "close": 8.205, "volume": 946551, "typical_volume": 417681.05, "trend": 7.832611, "fair_value": 6.658342, "relative_strength": -3.701042, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 22.547673, "energy": 21.12257, "activity_lines": [ 7.878467, 7.925627, 7.984462, 7.929834 ] }, { "date": "2026-04-17", "close": 8.375, "volume": 396480, "typical_volume": 421313.65, "trend": 7.865064, "fair_value": 6.675872, "relative_strength": -4.09931, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 51.890746, "energy": 28.096559, "activity_lines": [ 8.066467, 7.993597, 8.023418, 7.964827 ] }, { "date": "2026-04-24", "close": 8.163, "volume": 358401, "typical_volume": 427537.25, "trend": 7.889289, "fair_value": 6.692175, "relative_strength": -4.000457, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 41.190469, "energy": 34.64603, "activity_lines": [ 8.1484, 8.019382, 8.038923, 7.984049 ] }, { "date": "2026-05-01", "close": 8.169, "volume": 206950, "typical_volume": 427358.6, "trend": 7.906646, "fair_value": 6.708528, "relative_strength": -4.932312, "stage": 3, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 43.170319, "energy": 37.829396, "activity_lines": [ 8.192667, 8.046327, 8.053069, 8.002095 ] }, { "date": "2026-05-08", "close": 8.267, "volume": 499206, "typical_volume": 440575.5, "trend": 7.931717, "fair_value": 6.725528, "relative_strength": -5.667628, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 57.412106, "energy": 51.604462, "activity_lines": [ 8.230333, 8.094655, 8.074567, 8.025343 ] }, { "date": "2026-05-15", "close": 8.196, "volume": 377001, "typical_volume": 455590.7, "trend": 7.952164, "fair_value": 6.741483, "relative_strength": -5.992628, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 52.063103, "energy": 41.697184, "activity_lines": [ 8.217067, 8.132418, 8.087266, 8.042394 ] }, { "date": "2026-05-22", "close": 8.469, "volume": 680557, "typical_volume": 484807.6, "trend": 7.97847, "fair_value": 6.759663, "relative_strength": -3.484945, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.732872, "energy": 45.79358, "activity_lines": [ 8.2954, 8.2136, 8.124172, 8.075738 ] }, { "date": "2026-05-29", "close": 8.527, "volume": 322135, "typical_volume": 491650.25, "trend": 8.007164, "fair_value": 6.779101, "relative_strength": -3.697683, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 67.291262, "energy": 53.121891, "activity_lines": [ 8.3868, 8.293964, 8.164159, 8.111127 ] }, { "date": "2026-06-05", "close": 8.537, "volume": 1648, "typical_volume": 448083.7, "trend": 8.040405, "fair_value": 6.797916, "relative_strength": -3.172775, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.732628, "energy": 63.790062, "activity_lines": [ 8.457267, 8.358709, 8.203245, 8.14531 ] }, { "date": "2026-06-12", "close": 8.717, "volume": 147967, "typical_volume": 434740.35, "trend": 8.074072, "fair_value": 6.817047, "relative_strength": -4.044711, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 77.183525, "energy": 77.869299, "activity_lines": [ 8.5632, 8.438782, 8.257792, 8.188962 ] }, { "date": "2026-06-19", "close": 8.863, "volume": 7650, "typical_volume": 418475.5, "trend": 8.120071, "fair_value": 6.838265, "relative_strength": -4.762999, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 81.30074, "energy": 85.231593, "activity_lines": [ 8.6878, 8.529782, 8.323226, 8.23986 ] }, { "date": "2026-06-26", "close": 8.744, "volume": 141446, "typical_volume": 421366.25, "trend": 8.155202, "fair_value": 6.857654, "relative_strength": -2.983394, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 69.357707, "energy": 82.581589, "activity_lines": [ 8.728267, 8.587182, 8.373633, 8.280114 ] }, { "date": "2026-07-03", "close": 8.985, "volume": 18619, "typical_volume": 413366.7, "trend": 8.19611, "fair_value": 6.879763, "relative_strength": -3.083892, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 83.496924, "energy": 90.918472, "activity_lines": [ 8.830733, 8.681691, 8.444281, 8.333649 ] }, { "date": "2026-07-10", "close": 8.798, "volume": 1210864, "typical_volume": 461703.95, "trend": 8.23095, "fair_value": 6.899401, "relative_strength": -4.540041, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.833448, "energy": 83.254554, "activity_lines": [ 8.840333, 8.727255, 8.493224, 8.372481 ] }, { "date": "2026-07-17", "close": 8.718, "volume": 159167, "typical_volume": 463784.65, "trend": 8.260238, "fair_value": 6.918419, "relative_strength": -3.903753, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 64.093768, "energy": 66.133454, "activity_lines": [ 8.805867, 8.746836, 8.532486, 8.403903 ] }, { "date": "2026-07-24", "close": 8.793, "volume": 232194, "typical_volume": 436814.7, "trend": 8.292689, "fair_value": 6.937345, "relative_strength": -2.784755, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 62.033071, "energy": 55.855253, "activity_lines": [ 8.796333, 8.771855, 8.577357, 8.438275 ] }, { "date": "2026-07-31", "close": 8.841, "volume": 122368, "typical_volume": 386103.95, "trend": 8.322195, "fair_value": 6.957615, "relative_strength": -2.825167, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.485952, "energy": 50.414431, "activity_lines": [ 8.807467, 8.794745, 8.622329, 8.47365 ] }, { "date": "2026-08-07", "close": 9.075, "volume": 99838, "typical_volume": 352015.7, "trend": 8.353429, "fair_value": 6.979535, "relative_strength": -3.007904, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 80.873327, "energy": 62.004827, "activity_lines": [ 8.890133, 8.853418, 8.684838, 8.522218 ] } ], "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." } } }