{ "ticker": { "uuid": "e9b209ed-a316-494c-8f43-45c902f5b6e4", "symbol": "BITI", "name": "BetaPro Inverse Bitcoin ETF", "exchange": "TOR", "country": "CA", "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": "^GSPTSE", "stage": 1, "stage_name": "Basing", "phase": "1c", "phase_label": "Stage 1C \u00b7 Breakout watch", "transition": "stage_1_to_2_watch", "transition_label": "Stage 1 \u2192 2 watch", "confidence": 96.0, "architecture_regime": "deceleration", "architecture_regime_label": "Deceleration", "architecture_modifier": "Recompressing", "architecture_gate": "up", "architecture_direction": 36.908, "architecture_energy": 21.936, "architecture_maturity": 50.917, "architecture_confidence": 91.647, "architecture_tenure": "New", "architecture": { "interpretation": { "headline": "The upward structure remains, but its energy is decelerating.", "body": "Trend remains positive, but Activity or price acceptance is losing strength. This can become a healthy recompression, a re-acceleration, or a Rotation Down." }, "scores": { "balance": 45.43, "rotation_up": 22.91, "upward_expansion": 58.31, "deceleration": 93.52, "rotation_down": 26.75, "downward_expansion": 15.31 }, "activity_lines": [ 25.450667, 25.878545, 24.886476, 24.429269 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.0 }, "latest_close": 24.940001, "trend_reference": 23.733333, "distance_from_trend": 0.050843, "trend_direction": "Improving", "fair_value": 32.873814, "distance_from_fair_value": -0.241341, "fair_value_direction": "Improving", "relative_strength": 4.560244, "relative_strength_direction": "Improving", "price_momentum": 0.032712, "excess_performance": -0.087709, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.050843, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.09498, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.241341, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": true, "value": 0.221279, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.045602, "read": "Leading" }, { "label": "Relative strength direction", "positive": true, "value": 0.104463, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.032712, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 2.285197, "read": "Demand-led" } ], "volume": { "latest": 73500, "relative_activity": 0.430845, "balance": 2.285197, "dry_up": 0.759254, "accumulation_observations": 2, "distribution_observations": 1 }, "risk": { "range_context": 0.06585, "annualized_volatility": 0.39582, "from_high_reference": -0.117168, "from_low_reference": 0.679461 }, "levels": { "trend_reference": 23.733333, "fair_value_reference": 32.873814, "structural_low": 19.85, "invalidation": "A renewed decline below the structural range low, widening the discount to current Fair Value while Trend falls, weakens the base diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 3, "median_return": -0.021708, "positive_rate": 0.333333, "directional_follow_through": 0.333333, "median_excess_return": -0.006775, "regime_survival": 0.0, "best_return": 0.299095, "worst_return": -0.285822, "sufficient": false }, { "horizon": "Intermediate", "sample_count": 3, "median_return": 0.127728, "positive_rate": 0.666667, "directional_follow_through": 0.666667, "median_excess_return": 0.088209, "regime_survival": 0.333333, "best_return": 0.199622, "worst_return": -0.415535, "sufficient": false }, { "horizon": "Extended", "sample_count": 2, "median_return": -0.139564, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": -0.235818, "regime_survival": 0.0, "best_return": 0.352847, "worst_return": -0.631976, "sufficient": false }, { "horizon": "Full cycle", "sample_count": 1, "median_return": -0.640272, "positive_rate": 0.0, "directional_follow_through": 0.0, "median_excess_return": -0.897597, "regime_survival": 0.0, "best_return": -0.640272, "worst_return": -0.640272, "sufficient": false } ], "ledger": [ { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2023-11-03", "end": "2024-07-05", "tenure": "Extended", "return": -0.450246, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-07-12", "end": "2024-10-18", "tenure": "Established", "return": -0.197802, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2024-10-25", "end": "2025-03-07", "tenure": "Established", "return": -0.259783, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-03-14", "end": "2025-05-02", "tenure": "Developing", "return": -0.181513, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-05-09", "end": "2025-10-17", "tenure": "Established", "return": -0.040239, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-10-24", "end": "2025-11-14", "tenure": "New", "return": 0.160756, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-11-21", "end": "2026-01-09", "tenure": "Developing", "return": -0.091943, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-01-16", "end": "2026-02-06", "tenure": "New", "return": 0.285258, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-02-13", "end": "2026-04-10", "tenure": "Developing", "return": -0.07415, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-04-17", "end": "2026-05-08", "tenure": "New", "return": -0.037754, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2026-05-15", "end": "2026-05-29", "tenure": "New", "return": 0.077665, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2026-06-05", "end": "2026-06-12", "tenure": "New", "return": -0.051282, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-06-19", "end": "2026-07-24", "tenure": "Developing", "return": -0.033623, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-07-31", "end": "2026-08-07", "tenure": "New", "return": -0.037437, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 95.550003, "volume": 37844, "typical_volume": 40496.4, "trend": 96.387667, "fair_value": 121.079512, "relative_strength": -23.946007, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -8.795505, "energy": 15.666194, "activity_lines": [ 87.808001, 84.955818, 86.315666, 89.590215 ] }, { "date": "2023-08-25", "close": 96.32, "volume": 24357, "typical_volume": 40437.1, "trend": 95.645667, "fair_value": 120.879839, "relative_strength": -22.658754, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": 12.292673, "energy": 25.212149, "activity_lines": [ 91.317334, 87.204727, 87.16, 89.585849 ] }, { "date": "2023-09-01", "close": 96.949997, "volume": 43257, "typical_volume": 39119.2, "trend": 94.927, "fair_value": 120.6884, "relative_strength": -23.94384, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": 13.002515, "energy": 31.106744, "activity_lines": [ 94.024, 89.496909, 88.040666, 89.67 ] }, { "date": "2023-09-08", "close": 96.040001, "volume": 23186, "typical_volume": 38283.55, "trend": 93.900333, "fair_value": 120.492778, "relative_strength": -22.226686, "stage": 4, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 27.65641, "energy": 40.608108, "activity_lines": [ 95.489333, 91.271091, 88.77, 89.741806 ] }, { "date": "2023-09-15", "close": 93.099998, "volume": 38642, "typical_volume": 36704.25, "trend": 93.300667, "fair_value": 120.277087, "relative_strength": -25.700501, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 24.07672, "energy": 44.343967, "activity_lines": [ 95.246666, 92.210363, 89.208333, 89.690172 ] }, { "date": "2023-09-22", "close": 92.610001, "volume": 40944, "typical_volume": 36746.45, "trend": 92.383667, "fair_value": 120.060938, "relative_strength": -21.762625, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 22.819049, "energy": 38.667212, "activity_lines": [ 94.252666, 92.836545, 89.571666, 89.645613 ] }, { "date": "2023-09-29", "close": 91.839996, "volume": 35329, "typical_volume": 35498.55, "trend": 91.275333, "fair_value": 119.842171, "relative_strength": -20.303237, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 25.884074, "energy": 21.698341, "activity_lines": [ 93.197998, 93.098726, 89.824333, 89.610537 ] }, { "date": "2023-10-06", "close": 88.760002, "volume": 51258, "typical_volume": 36205.75, "trend": 89.523, "fair_value": 119.603077, "relative_strength": -20.632753, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 4.184565, "energy": 9.661124, "activity_lines": [ 91.415333, 92.606181, 89.801999, 89.448258 ] }, { "date": "2023-10-13", "close": 92.82, "volume": 16715, "typical_volume": 35469.35, "trend": 89.371333, "fair_value": 119.398626, "relative_strength": -16.631257, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 34.143522, "energy": 20.404766, "activity_lines": [ 91.532, 92.744909, 90.19, 89.660967 ] }, { "date": "2023-10-20", "close": 84.0, "volume": 59285, "typical_volume": 36881.45, "trend": 89.047, "fair_value": 119.130455, "relative_strength": -21.982233, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -12.658739, "energy": 16.556558, "activity_lines": [ 88.923333, 91.14, 89.747333, 89.31443 ] }, { "date": "2023-10-27", "close": 73.919998, "volume": 89185, "typical_volume": 38777.8, "trend": 88.515, "fair_value": 118.790526, "relative_strength": -28.96935, "stage": 4, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "down", "direction": -68.943887, "energy": 47.762681, "activity_lines": [ 83.561333, 87.707454, 88.381333, 88.338494 ] }, { "date": "2023-11-03", "close": 71.050003, "volume": 42101, "typical_volume": 39122.2, "trend": 87.838333, "fair_value": 118.434254, "relative_strength": -34.524007, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -82.407274, "energy": 78.951882, "activity_lines": [ 78.488667, 84.146364, 86.834333, 87.21172 ] }, { "date": "2023-11-10", "close": 66.290001, "volume": 61386, "typical_volume": 38915.05, "trend": 87.269, "fair_value": 118.048, "relative_strength": -37.101845, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -85.276914, "energy": 88.807361, "activity_lines": [ 73.215334, 80.179273, 84.935667, 85.821505 ] }, { "date": "2023-11-17", "close": 67.129997, "volume": 59386, "typical_volume": 39341.55, "trend": 86.382333, "fair_value": 117.673603, "relative_strength": -36.667679, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -75.803172, "energy": 90.668896, "activity_lines": [ 69.72, 76.922363, 83.170666, 84.522215 ] }, { "date": "2023-11-24", "close": 64.050003, "volume": 31457, "typical_volume": 39966.6, "trend": 85.612333, "fair_value": 117.28219, "relative_strength": -38.103606, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -79.395136, "energy": 91.83927, "activity_lines": [ 66.910667, 73.631091, 81.171333, 83.081419 ] }, { "date": "2023-12-01", "close": 62.16, "volume": 51487, "typical_volume": 40588.8, "trend": 84.858666, "fair_value": 116.882754, "relative_strength": -39.771371, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -79.311026, "energy": 91.73496, "activity_lines": [ 64.801334, 70.524364, 79.071667, 81.568365 ] }, { "date": "2023-12-08", "close": 54.18, "volume": 167501, "typical_volume": 48056.7, "trend": 83.475, "fair_value": 116.431655, "relative_strength": -45.963102, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -89.427619, "energy": 94.715344, "activity_lines": [ 60.816, 66.520364, 76.298333, 79.589097 ] }, { "date": "2023-12-15", "close": 55.720001, "volume": 77415, "typical_volume": 51181.05, "trend": 82.208, "fair_value": 115.998, "relative_strength": -43.583299, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -79.408544, "energy": 90.225599, "activity_lines": [ 58.468667, 63.481091, 73.8, 77.798452 ] }, { "date": "2023-12-22", "close": 53.549999, "volume": 37899, "typical_volume": 51672.4, "trend": 80.833666, "fair_value": 115.555106, "relative_strength": -45.318363, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -78.786155, "energy": 89.219696, "activity_lines": [ 56.102667, 60.648, 71.224333, 75.949548 ] }, { "date": "2023-12-29", "close": 56.0, "volume": 44543, "typical_volume": 51658.85, "trend": 79.643666, "fair_value": 115.135704, "relative_strength": -41.528488, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -68.004715, "energy": 79.335224, "activity_lines": [ 55.458667, 58.974364, 69.032333, 74.347376 ] }, { "date": "2024-01-05", "close": 53.619999, "volume": 58286, "typical_volume": 52680.95, "trend": 78.320666, "fair_value": 114.705525, "relative_strength": -42.525732, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -71.142458, "energy": 70.280221, "activity_lines": [ 54.558, 57.377091, 66.748333, 72.66843 ] }, { "date": "2024-01-12", "close": 54.25, "volume": 131457, "typical_volume": 58035.95, "trend": 77.049, "fair_value": 114.285695, "relative_strength": -40.857711, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.500776, "energy": 65.069278, "activity_lines": [ 54.436666, 56.263454, 64.724, 71.115484 ] }, { "date": "2024-01-19", "close": 57.119999, "volume": 83415, "typical_volume": 60043.85, "trend": 76.367666, "fair_value": 113.891448, "relative_strength": -36.564906, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.359943, "energy": 61.796592, "activity_lines": [ 55.267333, 55.977091, 63.173333, 69.829742 ] }, { "date": "2024-01-26", "close": 56.279999, "volume": 108027, "typical_volume": 64285.9, "trend": 75.593, "fair_value": 113.496849, "relative_strength": -37.288199, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -53.535636, "energy": 57.06474, "activity_lines": [ 55.724666, 55.704727, 61.732333, 68.533763 ] }, { "date": "2024-02-02", "close": 54.950001, "volume": 55644, "typical_volume": 65136.0, "trend": 74.732, "fair_value": 113.098572, "relative_strength": -37.779471, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -54.300627, "energy": 54.979468, "activity_lines": [ 55.556666, 55.387818, 60.354, 67.201957 ] }, { "date": "2024-02-09", "close": 49.490002, "volume": 60899, "typical_volume": 66133.75, "trend": 73.705333, "fair_value": 112.668784, "relative_strength": -42.762391, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -80.202041, "energy": 65.27304, "activity_lines": [ 53.638667, 54.243637, 58.637333, 65.573441 ] }, { "date": "2024-02-16", "close": 45.290001, "volume": 97343, "typical_volume": 69234.45, "trend": 72.510667, "fair_value": 112.216577, "relative_strength": -47.419167, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -85.722716, "energy": 74.793054, "activity_lines": [ 50.596001, 52.566182, 56.726, 63.740194 ] }, { "date": "2024-02-23", "close": 46.130001, "volume": 59828, "typical_volume": 69662.95, "trend": 71.285667, "fair_value": 111.776, "relative_strength": -45.865317, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -77.062772, "energy": 82.801014, "activity_lines": [ 48.430668, 51.203091, 55.116334, 62.038215 ] }, { "date": "2024-03-01", "close": 37.169998, "volume": 207257, "typical_volume": 79190.05, "trend": 69.687333, "fair_value": 111.281921, "relative_strength": -55.730559, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -91.344018, "energy": 93.991488, "activity_lines": [ 44.011333, 48.385273, 52.856333, 59.837204 ] }, { "date": "2024-03-08", "close": 33.110001, "volume": 340829, "typical_volume": 93267.25, "trend": 67.981667, "fair_value": 110.767632, "relative_strength": -59.785415, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -92.588447, "energy": 96.68854, "activity_lines": [ 39.512667, 45.127091, 50.474667, 57.477376 ] }, { "date": "2024-03-15", "close": 33.389999, "volume": 265943, "typical_volume": 102105.15, "trend": 65.909667, "fair_value": 110.261896, "relative_strength": -58.923963, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -83.976782, "energy": 93.784749, "activity_lines": [ 36.563333, 42.336, 48.362, 55.245656 ] }, { "date": "2024-03-22", "close": 36.049999, "volume": 283572, "typical_volume": 114178.7, "trend": 63.900667, "fair_value": 109.78, "relative_strength": -55.190373, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -68.457771, "energy": 87.322448, "activity_lines": [ 35.573999, 40.396364, 46.695667, 53.319226 ] }, { "date": "2024-03-29", "close": 32.060001, "volume": 315243, "typical_volume": 126871.55, "trend": 61.737667, "fair_value": 109.278581, "relative_strength": -59.840216, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -76.78028, "energy": 86.309461, "activity_lines": [ 33.870667, 38.062182, 44.816, 51.264989 ] }, { "date": "2024-04-05", "close": 33.810001, "volume": 207201, "typical_volume": 134262.3, "trend": 59.663333, "fair_value": 108.794808, "relative_strength": -57.145839, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.670768, "energy": 67.104141, "activity_lines": [ 33.688667, 36.501818, 43.266, 49.463204 ] }, { "date": "2024-04-12", "close": 34.16, "volume": 244029, "typical_volume": 144890.9, "trend": 57.698667, "fair_value": 108.339359, "relative_strength": -55.378501, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.82639, "energy": 65.443716, "activity_lines": [ 33.847334, 35.413637, 41.908, 47.817828 ] }, { "date": "2024-04-19", "close": 35.419998, "volume": 178258, "typical_volume": 151229.45, "trend": 55.792333, "fair_value": 107.758718, "relative_strength": -52.781476, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.750003, "energy": 63.358365, "activity_lines": [ 34.356, 34.932545, 40.812333, 46.380495 ] }, { "date": "2024-04-26", "close": 35.560001, "volume": 115485, "typical_volume": 148628.65, "trend": 53.916333, "fair_value": 107.287115, "relative_strength": -52.248672, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -50.841981, "energy": 56.136299, "activity_lines": [ 34.776, 34.732727, 39.857333, 45.075183 ] }, { "date": "2024-05-03", "close": 36.154999, "volume": 162514, "typical_volume": 152883.6, "trend": 52.162833, "fair_value": 106.839071, "relative_strength": -50.70813, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -48.476668, "energy": 49.019861, "activity_lines": [ 35.427, 34.818, 39.047667, 43.92929 ] }, { "date": "2024-05-10", "close": 37.099998, "volume": 121185, "typical_volume": 157047.9, "trend": 50.3055, "fair_value": 106.311827, "relative_strength": -49.358423, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -44.921854, "energy": 42.7254, "activity_lines": [ 36.119999, 35.256454, 38.421166, 42.957494 ] }, { "date": "2024-05-17", "close": 32.970001, "volume": 138942, "typical_volume": 161767.85, "trend": 48.6045, "fair_value": 105.498301, "relative_strength": -54.472745, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -57.476764, "energy": 46.55667, "activity_lines": [ 35.217, 34.945272, 37.479667, 41.839075 ] }, { "date": "2024-05-24", "close": 32.130001, "volume": 80714, "typical_volume": 162889.25, "trend": 47.2115, "fair_value": 104.678942, "relative_strength": -54.443559, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -68.355816, "energy": 51.550775, "activity_lines": [ 34.113333, 34.483909, 36.567833, 40.776204 ] }, { "date": "2024-05-31", "close": 32.830002, "volume": 43072, "typical_volume": 158470.0, "trend": 45.9375, "fair_value": 103.902212, "relative_strength": -52.444028, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.132843, "energy": 55.877292, "activity_lines": [ 33.462334, 34.172728, 35.825, 39.848366 ] }, { "date": "2024-06-07", "close": 32.34, "volume": 77815, "typical_volume": 158190.0, "trend": 44.805833, "fair_value": 103.143878, "relative_strength": -51.629298, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.381489, "energy": 62.829969, "activity_lines": [ 32.830001, 33.831, 35.1375, 38.971108 ] }, { "date": "2024-06-14", "close": 34.439999, "volume": 112985, "typical_volume": 158437.9, "trend": 43.716167, "fair_value": 102.332596, "relative_strength": -46.586715, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.630706, "energy": 53.531296, "activity_lines": [ 33.152, 33.866, 34.768, 38.302344 ] }, { "date": "2024-06-21", "close": 34.860001, "volume": 52228, "typical_volume": 158267.1, "trend": 42.743167, "fair_value": 101.456699, "relative_strength": -44.878552, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -57.959952, "energy": 44.651436, "activity_lines": [ 33.791334, 33.965909, 34.5425, 37.730979 ] }, { "date": "2024-06-28", "close": 37.099998, "volume": 84286, "typical_volume": 159436.45, "trend": 41.907833, "fair_value": 100.639583, "relative_strength": -41.332178, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -40.139423, "energy": 27.313865, "activity_lines": [ 35.051333, 34.460364, 34.626, 37.366903 ] }, { "date": "2024-07-05", "close": 39.060001, "volume": 66443, "typical_volume": 157891.45, "trend": 41.403833, "fair_value": 99.83593, "relative_strength": -37.792772, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -2.515637, "energy": 15.105749, "activity_lines": [ 36.633333, 35.280636, 34.955167, 37.183172 ] }, { "date": "2024-07-12", "close": 38.220001, "volume": 68214, "typical_volume": 158310.75, "trend": 40.8205, "fair_value": 98.964071, "relative_strength": -39.855055, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -1.556081, "energy": 19.829336, "activity_lines": [ 37.52, 35.884546, 35.234, 36.977764 ] }, { "date": "2024-07-19", "close": 32.48, "volume": 109386, "typical_volume": 153417.2, "trend": 40.118167, "fair_value": 98.080545, "relative_strength": -48.028313, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -30.328881, "energy": 21.519898, "activity_lines": [ 36.101334, 35.407273, 35.003833, 36.439667 ] }, { "date": "2024-07-26", "close": 32.34, "volume": 96057, "typical_volume": 141178.6, "trend": 39.3295, "fair_value": 97.461763, "relative_strength": -47.574876, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -47.529861, "energy": 22.386878, "activity_lines": [ 34.766667, 34.988546, 34.782667, 35.93785 ] }, { "date": "2024-08-02", "close": 35.279999, "volume": 109971, "typical_volume": 133380.0, "trend": 38.718167, "fair_value": 96.921058, "relative_strength": -40.183831, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -33.688685, "energy": 23.86901, "activity_lines": [ 34.58, 35.115818, 34.845167, 35.676591 ] }, { "date": "2024-08-09", "close": 35.560001, "volume": 172314, "typical_volume": 127817.1, "trend": 38.095167, "fair_value": 96.451475, "relative_strength": -38.810652, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -32.092569, "energy": 25.120524, "activity_lines": [ 34.608, 35.236727, 34.925333, 35.472839 ] }, { "date": "2024-08-16", "close": 35.700001, "volume": 122344, "typical_volume": 118172.15, "trend": 37.381167, "fair_value": 96.003654, "relative_strength": -39.078252, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -25.795283, "energy": 15.86432, "activity_lines": [ 34.916, 35.333455, 35.021167, 35.318312 ] }, { "date": "2024-08-23", "close": 33.040001, "volume": 96642, "typical_volume": 112644.2, "trend": 36.6065, "fair_value": 95.547308, "relative_strength": -42.68771, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -41.68096, "energy": 18.878041, "activity_lines": [ 34.505334, 34.885455, 34.846334, 35.038237 ] }, { "date": "2024-08-30", "close": 35.735001, "volume": 80571, "typical_volume": 104471.3, "trend": 35.966, "fair_value": 95.145032, "relative_strength": -36.602393, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -11.638762, "energy": 5.116022, "activity_lines": [ 34.955668, 34.95291, 34.931834, 34.982011 ] }, { "date": "2024-09-06", "close": 39.41, "volume": 136500, "typical_volume": 102383.4, "trend": 35.63, "fair_value": 94.692725, "relative_strength": -26.562641, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 37.570593, "energy": 24.934935, "activity_lines": [ 36.404667, 35.672637, 35.359834, 35.204205 ] }, { "date": "2024-09-13", "close": 35.209999, "volume": 78400, "typical_volume": 100529.15, "trend": 35.294, "fair_value": 94.238173, "relative_strength": -34.977287, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 17.777782, "energy": 18.408384, "activity_lines": [ 36.178333, 35.586728, 35.368834, 35.177108 ] }, { "date": "2024-09-20", "close": 33.25, "volume": 180572, "typical_volume": 101432.05, "trend": 34.864667, "fair_value": 93.706442, "relative_strength": -37.648877, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 28.377359, "energy": 13.625611, "activity_lines": [ 35.322, 35.214455, 35.192834, 35.045237 ] }, { "date": "2024-09-27", "close": 31.639999, "volume": 165542, "typical_volume": 103649.9, "trend": 34.680333, "fair_value": 93.232148, "relative_strength": -39.118733, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -19.863994, "energy": 19.729313, "activity_lines": [ 34.092333, 34.639818, 34.877333, 34.837194 ] }, { "date": "2024-10-04", "close": 33.529999, "volume": 90572, "typical_volume": 101231.4, "trend": 34.694333, "fair_value": 92.905032, "relative_strength": -34.149948, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -10.394528, "energy": 16.789598, "activity_lines": [ 33.585999, 34.424091, 34.767833, 34.762979 ] }, { "date": "2024-10-11", "close": 33.389999, "volume": 114928, "typical_volume": 102942.1, "trend": 34.694333, "fair_value": 92.644327, "relative_strength": -33.175091, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -48.768398, "energy": 37.553156, "activity_lines": [ 33.179999, 34.161272, 34.642333, 34.678828 ] }, { "date": "2024-10-18", "close": 30.66, "volume": 154943, "typical_volume": 108535.65, "trend": 34.514667, "fair_value": 92.364103, "relative_strength": -37.652084, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -65.750605, "energy": 58.366861, "activity_lines": [ 32.265333, 33.436454, 34.250833, 34.418548 ] }, { "date": "2024-10-25", "close": 31.815001, "volume": 87670, "typical_volume": 109028.4, "trend": 34.5065, "fair_value": 92.104968, "relative_strength": -32.624883, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -57.312624, "energy": 51.97671, "activity_lines": [ 32.039, 33.010727, 33.979667, 34.244376 ] }, { "date": "2024-11-01", "close": 30.66, "volume": 185129, "typical_volume": 112635.6, "trend": 34.4015, "fair_value": 91.823173, "relative_strength": -32.963348, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.756596, "energy": 56.271401, "activity_lines": [ 31.523333, 32.445636, 33.601, 33.996215 ] }, { "date": "2024-11-08", "close": 27.23, "volume": 201758, "typical_volume": 120112.1, "trend": 34.1705, "fair_value": 91.543173, "relative_strength": -40.291171, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -79.429806, "energy": 72.878314, "activity_lines": [ 29.929667, 31.300182, 32.913667, 33.533538 ] }, { "date": "2024-11-15", "close": 22.68, "volume": 409186, "typical_volume": 136357.1, "trend": 33.745833, "fair_value": 91.183301, "relative_strength": -49.250384, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -89.08898, "energy": 85.64338, "activity_lines": [ 27.239333, 29.482091, 31.829333, 32.792215 ] }, { "date": "2024-11-22", "close": 20.790001, "volume": 219871, "typical_volume": 144028.5, "trend": 33.2535, "fair_value": 90.775866, "relative_strength": -53.306892, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -90.707334, "energy": 94.481481, "activity_lines": [ 24.633, 27.624546, 30.633667, 31.956355 ] }, { "date": "2024-11-29", "close": 21.059999, "volume": 238244, "typical_volume": 152530.0, "trend": 32.750333, "fair_value": 90.361186, "relative_strength": -51.903766, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -81.574053, "energy": 92.757645, "activity_lines": [ 22.774667, 26.078273, 29.550714, 31.169677 ] }, { "date": "2024-12-06", "close": 20.4, "volume": 288000, "typical_volume": 161460.7, "trend": 32.193667, "fair_value": 89.89875, "relative_strength": -52.489277, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -77.357696, "energy": 91.486714, "activity_lines": [ 21.413333, 24.633636, 28.486619, 30.372882 ] }, { "date": "2024-12-13", "close": 20.450001, "volume": 419000, "typical_volume": 177607.85, "trend": 31.776333, "fair_value": 89.403878, "relative_strength": -50.501015, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -72.085169, "energy": 89.4045, "activity_lines": [ 20.752667, 23.402455, 27.48481, 29.615226 ] }, { "date": "2024-12-20", "close": 21.700001, "volume": 696200, "typical_volume": 206919.3, "trend": 31.428667, "fair_value": 88.978494, "relative_strength": -44.944896, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.747026, "energy": 84.557713, "activity_lines": [ 20.960667, 22.636364, 26.658667, 28.96514 ] }, { "date": "2024-12-27", "close": 22.110001, "volume": 378100, "typical_volume": 217208.6, "trend": 31.071333, "fair_value": 88.505032, "relative_strength": -43.135059, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.422309, "energy": 64.304673, "activity_lines": [ 21.370667, 22.157364, 25.936238, 28.363936 ] }, { "date": "2025-01-03", "close": 21.24, "volume": 241800, "typical_volume": 223181.4, "trend": 30.701333, "fair_value": 87.970353, "relative_strength": -44.816441, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.691579, "energy": 62.040766, "activity_lines": [ 21.402667, 21.675637, 25.195, 27.729656 ] }, { "date": "2025-01-10", "close": 21.93, "volume": 276900, "typical_volume": 232194.3, "trend": 30.284333, "fair_value": 87.467917, "relative_strength": -41.065825, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -52.080207, "energy": 52.779663, "activity_lines": [ 21.652667, 21.511637, 24.588334, 27.163764 ] }, { "date": "2025-01-17", "close": 19.85, "volume": 412600, "typical_volume": 248795.75, "trend": 29.784, "fair_value": 86.878109, "relative_strength": -45.952056, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -71.912397, "energy": 58.740709, "activity_lines": [ 21.107334, 21.128182, 23.836476, 26.490581 ] }, { "date": "2025-01-24", "close": 19.67, "volume": 369700, "typical_volume": 260455.75, "trend": 29.203, "fair_value": 86.271891, "relative_strength": -45.942251, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -69.367415, "energy": 59.087642, "activity_lines": [ 20.542, 20.846182, 23.143119, 25.838065 ] }, { "date": "2025-01-31", "close": 20.57, "volume": 339700, "typical_volume": 273520.75, "trend": 28.586667, "fair_value": 85.736507, "relative_strength": -42.211358, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.243287, "energy": 55.289301, "activity_lines": [ 20.412, 20.782546, 22.629476, 25.281097 ] }, { "date": "2025-02-07", "close": 21.469999, "volume": 329400, "typical_volume": 280962.15, "trend": 28.028333, "fair_value": 85.241443, "relative_strength": -38.179914, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -60.775266, "energy": 53.614201, "activity_lines": [ 20.684666, 20.886545, 22.271262, 24.821957 ] }, { "date": "2025-02-14", "close": 20.940001, "volume": 142100, "typical_volume": 279790.05, "trend": 27.643667, "fair_value": 84.709327, "relative_strength": -38.670288, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -58.375427, "energy": 50.793614, "activity_lines": [ 20.765333, 20.886727, 21.918667, 24.364645 ] }, { "date": "2025-02-21", "close": 21.549999, "volume": 137600, "typical_volume": 282141.45, "trend": 27.284, "fair_value": 84.173045, "relative_strength": -34.826316, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -45.877774, "energy": 39.238412, "activity_lines": [ 21.115333, 20.988, 21.675119, 23.971505 ] }, { "date": "2025-02-28", "close": 24.52, "volume": 466000, "typical_volume": 299695.05, "trend": 26.925333, "fair_value": 83.671955, "relative_strength": -25.73961, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -24.519069, "energy": 19.318495, "activity_lines": [ 22.342, 21.609273, 21.771476, 23.793183 ] }, { "date": "2025-03-07", "close": 23.549999, "volume": 580100, "typical_volume": 320952.9, "trend": 26.525, "fair_value": 83.152084, "relative_strength": -26.224833, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -15.89061, "energy": 18.259382, "activity_lines": [ 22.922, 22.002909, 21.81769, 23.575419 ] }, { "date": "2025-03-14", "close": 23.799999, "volume": 553200, "typical_volume": 344229.4, "trend": 26.128333, "fair_value": 82.704712, "relative_strength": -24.18594, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -4.320989, "energy": 17.347774, "activity_lines": [ 23.386666, 22.415818, 21.921571, 23.399613 ] }, { "date": "2025-03-21", "close": 23.959999, "volume": 208600, "typical_volume": 345402.95, "trend": 25.825667, "fair_value": 82.296507, "relative_strength": -24.169305, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -0.410493, "energy": 20.11866, "activity_lines": [ 23.749332, 22.811272, 22.078857, 23.25972 ] }, { "date": "2025-03-28", "close": 23.870001, "volume": 243000, "typical_volume": 347465.05, "trend": 25.430167, "fair_value": 81.916443, "relative_strength": -23.253119, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -2.909818, "energy": 17.428797, "activity_lines": [ 23.880666, 23.153454, 22.259476, 23.133548 ] }, { "date": "2025-04-04", "close": 23.51, "volume": 383200, "typical_volume": 346165.75, "trend": 24.900167, "fair_value": 81.484712, "relative_strength": -18.679271, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -3.83313, "energy": 14.383986, "activity_lines": [ 23.737333, 23.357091, 22.421809, 23.009667 ] }, { "date": "2025-04-11", "close": 22.65, "volume": 338900, "typical_volume": 352117.2, "trend": 24.4815, "fair_value": 81.009327, "relative_strength": -22.244391, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -8.545096, "energy": 9.709653, "activity_lines": [ 23.374667, 23.334545, 22.498286, 22.864495 ] }, { "date": "2025-04-18", "close": 22.280001, "volume": 210700, "typical_volume": 350740.0, "trend": 24.115833, "fair_value": 80.522148, "relative_strength": -24.601537, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -25.612647, "energy": 13.785648, "activity_lines": [ 22.948667, 23.206909, 22.530667, 22.722462 ] }, { "date": "2025-04-25", "close": 19.83, "volume": 336500, "typical_volume": 353165.0, "trend": 23.722167, "fair_value": 79.996827, "relative_strength": -33.443368, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -54.383453, "energy": 33.390441, "activity_lines": [ 21.807334, 22.619091, 22.323905, 22.445957 ] }, { "date": "2025-05-02", "close": 19.48, "volume": 213600, "typical_volume": 342895.0, "trend": 23.253833, "fair_value": 79.434712, "relative_strength": -34.549254, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -68.370852, "energy": 47.781801, "activity_lines": [ 20.824667, 21.987818, 22.086524, 22.172269 ] }, { "date": "2025-05-09", "close": 18.389999, "volume": 143300, "typical_volume": 315250.0, "trend": 22.753833, "fair_value": 78.750289, "relative_strength": -38.067013, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -75.055151, "energy": 72.309789, "activity_lines": [ 19.771333, 21.196, 21.749952, 21.858473 ] }, { "date": "2025-05-16", "close": 18.290001, "volume": 141500, "typical_volume": 303420.0, "trend": 22.3415, "fair_value": 78.053109, "relative_strength": -39.096932, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -72.675378, "energy": 77.196206, "activity_lines": [ 19.026, 20.497455, 21.419619, 21.570484 ] }, { "date": "2025-05-23", "close": 17.15, "volume": 249900, "typical_volume": 303825.0, "trend": 21.852667, "fair_value": 77.344135, "relative_strength": -41.940112, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -78.37466, "energy": 81.887047, "activity_lines": [ 18.191333, 19.687273, 20.998905, 21.235548 ] }, { "date": "2025-05-30", "close": 17.889999, "volume": 183700, "typical_volume": 299165.0, "trend": 21.427, "fair_value": 76.677148, "relative_strength": -39.309102, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -68.190165, "energy": 79.825909, "activity_lines": [ 17.945333, 19.132545, 20.668143, 20.979892 ] }, { "date": "2025-06-06", "close": 17.9, "volume": 176500, "typical_volume": 287360.0, "trend": 21.116, "fair_value": 75.988237, "relative_strength": -39.033979, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.244768, "energy": 79.083211, "activity_lines": [ 17.832, 18.69, 20.357571, 20.752344 ] }, { "date": "2025-06-13", "close": 17.58, "volume": 157800, "typical_volume": 276765.0, "trend": 20.946, "fair_value": 74.998878, "relative_strength": -39.318896, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -68.289269, "energy": 78.513703, "activity_lines": [ 17.717333, 18.297818, 20.025809, 20.524215 ] }, { "date": "2025-06-20", "close": 18.059999, "volume": 122800, "typical_volume": 265920.0, "trend": 20.855, "fair_value": 74.065994, "relative_strength": -36.602425, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.761331, "energy": 62.104158, "activity_lines": [ 17.816666, 18.100727, 19.749714, 20.338021 ] }, { "date": "2025-06-27", "close": 17.4, "volume": 135500, "typical_volume": 256225.0, "trend": 20.733, "fair_value": 72.996955, "relative_strength": -38.210838, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.88275, "energy": 53.074726, "activity_lines": [ 17.711333, 17.867091, 19.422714, 20.115118 ] }, { "date": "2025-07-04", "close": 17.24, "volume": 84200, "typical_volume": 253330.0, "trend": 20.627667, "fair_value": 72.100545, "relative_strength": -38.316218, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.918665, "energy": 53.581459, "activity_lines": [ 17.536, 17.693091, 19.099857, 19.889763 ] }, { "date": "2025-07-11", "close": 15.71, "volume": 150700, "typical_volume": 253985.0, "trend": 20.469667, "fair_value": 71.17234, "relative_strength": -42.552259, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -83.191356, "energy": 76.91815, "activity_lines": [ 16.894, 17.288, 18.648905, 19.572494 ] }, { "date": "2025-07-18", "close": 15.85, "volume": 168200, "typical_volume": 239095.0, "trend": 20.274667, "fair_value": 70.325802, "relative_strength": -41.714409, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -77.207221, "energy": 84.422836, "activity_lines": [ 16.444667, 16.976909, 18.239095, 19.274451 ] }, { "date": "2025-07-25", "close": 15.89, "volume": 130900, "typical_volume": 216635.0, "trend": 20.067333, "fair_value": 69.552661, "relative_strength": -40.993815, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -72.135574, "energy": 86.983695, "activity_lines": [ 16.124, 16.719273, 17.874381, 18.99157 ] }, { "date": "2025-08-01", "close": 16.58, "volume": 175700, "typical_volume": 197760.0, "trend": 19.912, "fair_value": 68.741763, "relative_strength": -36.130577, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.760398, "energy": 83.135421, "activity_lines": [ 16.178, 16.630727, 17.611857, 18.766581 ] }, { "date": "2025-08-08", "close": 16.040001, "volume": 94000, "typical_volume": 192030.0, "trend": 19.715667, "fair_value": 67.992019, "relative_strength": -38.605612, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.721668, "energy": 73.477246, "activity_lines": [ 16.106667, 16.454364, 17.332286, 18.516774 ] }, { "date": "2025-08-15", "close": 16.01, "volume": 221500, "typical_volume": 190955.0, "trend": 19.587667, "fair_value": 67.112853, "relative_strength": -37.804054, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.018781, "energy": 60.365302, "activity_lines": [ 16.105334, 16.306182, 17.087571, 18.277699 ] }, { "date": "2025-08-22", "close": 16.049999, "volume": 254000, "typical_volume": 184495.0, "trend": 19.467, "fair_value": 66.194455, "relative_strength": -37.478629, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.664723, "energy": 56.092632, "activity_lines": [ 16.097333, 16.199636, 16.884095, 18.049462 ] }, { "date": "2025-08-29", "close": 17.139999, "volume": 126100, "typical_volume": 173855.0, "trend": 19.352666, "fair_value": 65.245353, "relative_strength": -32.439042, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -50.133247, "energy": 43.736523, "activity_lines": [ 16.439333, 16.319091, 16.819952, 17.899333 ] }, { "date": "2025-09-05", "close": 16.809999, "volume": 180200, "typical_volume": 172330.0, "trend": 19.197333, "fair_value": 64.39734, "relative_strength": -33.182915, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -44.908469, "energy": 34.646613, "activity_lines": [ 16.587999, 16.395272, 16.750619, 17.73529 ] }, { "date": "2025-09-12", "close": 15.98, "volume": 131200, "typical_volume": 162065.0, "trend": 19.032, "fair_value": 63.452468, "relative_strength": -35.632494, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -54.001039, "energy": 36.098209, "activity_lines": [ 16.444666, 16.331272, 16.628285, 17.52772 ] }, { "date": "2025-09-19", "close": 16.17, "volume": 89400, "typical_volume": 155855.0, "trend": 18.852666, "fair_value": 62.436122, "relative_strength": -34.66791, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -48.489569, "energy": 31.99489, "activity_lines": [ 16.368666, 16.324727, 16.542381, 17.343075 ] }, { "date": "2025-09-26", "close": 17.25, "volume": 232700, "typical_volume": 160325.0, "trend": 18.610333, "fair_value": 61.454519, "relative_strength": -29.071929, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -37.714831, "energy": 24.727559, "activity_lines": [ 16.642, 16.506182, 16.575095, 17.239677 ] }, { "date": "2025-10-03", "close": 15.26, "volume": 232500, "typical_volume": 164875.0, "trend": 18.334, "fair_value": 60.468237, "relative_strength": -37.410877, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -70.476803, "energy": 43.064419, "activity_lines": [ 16.172, 16.300363, 16.423714, 17.023527 ] }, { "date": "2025-10-10", "close": 16.120001, "volume": 388300, "typical_volume": 171795.0, "trend": 18.078, "fair_value": 59.459647, "relative_strength": -31.144176, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -50.509474, "energy": 34.107744, "activity_lines": [ 16.114, 16.262364, 16.368667, 16.880688 ] }, { "date": "2025-10-17", "close": 17.65, "volume": 144900, "typical_volume": 169855.0, "trend": 17.867667, "fair_value": 58.488237, "relative_strength": -24.045233, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -5.188761, "energy": 6.040231, "activity_lines": [ 16.612, 16.510909, 16.464238, 16.853075 ] }, { "date": "2025-10-24", "close": 16.92, "volume": 232600, "typical_volume": 172660.0, "trend": 17.636, "fair_value": 57.59516, "relative_strength": -26.410981, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -14.350253, "energy": 9.693465, "activity_lines": [ 16.755334, 16.597455, 16.491429, 16.791935 ] }, { "date": "2025-10-31", "close": 17.01, "volume": 219100, "typical_volume": 175725.0, "trend": 17.419333, "fair_value": 56.735865, "relative_strength": -24.447282, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -6.058904, "energy": 10.905373, "activity_lines": [ 16.878667, 16.683818, 16.531857, 16.751548 ] }, { "date": "2025-11-07", "close": 17.91, "volume": 518300, "typical_volume": 195500.0, "trend": 17.261333, "fair_value": 55.669647, "relative_strength": -18.46707, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 26.653508, "energy": 26.02828, "activity_lines": [ 17.318, 16.916364, 16.660714, 16.783204 ] }, { "date": "2025-11-14", "close": 19.639999, "volume": 456900, "typical_volume": 211570.0, "trend": 17.173333, "fair_value": 54.645929, "relative_strength": -11.200025, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 54.396992, "energy": 59.350759, "activity_lines": [ 18.157333, 17.449454, 16.955047, 16.936667 ] }, { "date": "2025-11-21", "close": 21.969999, "volume": 546600, "typical_volume": 234690.0, "trend": 17.244667, "fair_value": 53.648814, "relative_strength": 0.114889, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 92.55675, "energy": 86.947307, "activity_lines": [ 19.538666, 18.354727, 17.460619, 17.246129 ] }, { "date": "2025-11-28", "close": 20.18, "volume": 255800, "typical_volume": 239945.0, "trend": 17.268, "fair_value": 52.686891, "relative_strength": -11.204992, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 69.51523, "energy": 80.898598, "activity_lines": [ 20.035333, 18.825636, 17.77319, 17.435505 ] }, { "date": "2025-12-05", "close": 20.139999, "volume": 406100, "typical_volume": 251840.0, "trend": 17.326333, "fair_value": 51.713493, "relative_strength": -10.821773, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.792031, "energy": 78.577566, "activity_lines": [ 20.301333, 19.216363, 18.060666, 17.620795 ] }, { "date": "2025-12-12", "close": 19.83, "volume": 228300, "typical_volume": 256710.0, "trend": 17.377666, "fair_value": 50.721058, "relative_strength": -12.375123, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 63.451989, "energy": 71.479508, "activity_lines": [ 20.255333, 19.498181, 18.29819, 17.782322 ] }, { "date": "2025-12-19", "close": 20.32, "volume": 429300, "typical_volume": 269390.0, "trend": 17.483333, "fair_value": 49.743429, "relative_strength": -10.273381, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 61.470121, "energy": 47.679891, "activity_lines": [ 20.244666, 19.786, 18.563619, 17.97215 ] }, { "date": "2025-12-26", "close": 20.309999, "volume": 146500, "typical_volume": 272015.0, "trend": 17.564, "fair_value": 48.76484, "relative_strength": -10.380358, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 60.597987, "energy": 43.747671, "activity_lines": [ 20.185333, 19.995636, 18.810285, 18.154516 ] }, { "date": "2026-01-02", "close": 19.83, "volume": 196700, "typical_volume": 270775.0, "trend": 17.628333, "fair_value": 47.814583, "relative_strength": -11.638709, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 55.993876, "energy": 38.864132, "activity_lines": [ 20.076666, 20.069636, 18.990904, 18.300709 ] }, { "date": "2026-01-09", "close": 19.950001, "volume": 196200, "typical_volume": 267885.0, "trend": 17.707333, "fair_value": 47.023045, "relative_strength": -12.437667, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 44.400939, "energy": 32.999557, "activity_lines": [ 20.031333, 20.112545, 19.164762, 18.450494 ] }, { "date": "2026-01-16", "close": 18.790001, "volume": 230000, "typical_volume": 273080.0, "trend": 17.731667, "fair_value": 46.35375, "relative_strength": -18.093437, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 39.65804, "energy": 24.40577, "activity_lines": [ 19.612, 19.891091, 19.209571, 18.520344 ] }, { "date": "2026-01-23", "close": 19.700001, "volume": 166400, "typical_volume": 272390.0, "trend": 17.808333, "fair_value": 45.719904, "relative_strength": -13.973134, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 37.148806, "energy": 20.258465, "activity_lines": [ 19.565334, 19.819091, 19.333191, 18.647333 ] }, { "date": "2026-01-30", "close": 20.790001, "volume": 483900, "typical_volume": 290025.0, "trend": 17.926667, "fair_value": 45.093494, "relative_strength": -5.332684, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 50.122415, "energy": 26.947736, "activity_lines": [ 19.923334, 19.944182, 19.546857, 18.839699 ] }, { "date": "2026-02-06", "close": 24.15, "volume": 1078700, "typical_volume": 339490.0, "trend": 18.208, "fair_value": 44.435224, "relative_strength": 8.416308, "stage": 1, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 78.391256, "energy": 50.006275, "activity_lines": [ 21.369334, 20.701637, 20.057619, 19.241204 ] }, { "date": "2026-02-13", "close": 24.41, "volume": 491000, "typical_volume": 352405.0, "trend": 18.493333, "fair_value": 43.879583, "relative_strength": 7.839529, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 79.351942, "energy": 77.273262, "activity_lines": [ 22.614, 21.434182, 20.555143, 19.641333 ] }, { "date": "2026-02-20", "close": 24.870001, "volume": 181200, "typical_volume": 349840.0, "trend": 18.792667, "fair_value": 43.269006, "relative_strength": 7.823403, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 78.786467, "energy": 87.011035, "activity_lines": [ 23.714667, 22.172728, 21.062381, 20.052731 ] }, { "date": "2026-02-27", "close": 25.43, "volume": 417400, "typical_volume": 351295.0, "trend": 19.087667, "fair_value": 42.63016, "relative_strength": 9.267125, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 77.262657, "energy": 89.219549, "activity_lines": [ 24.596667, 22.921455, 21.577191, 20.480946 ] }, { "date": "2026-03-06", "close": 24.1, "volume": 639100, "typical_volume": 376005.0, "trend": 19.356333, "fair_value": 41.878686, "relative_strength": 8.168244, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.395739, "energy": 81.395108, "activity_lines": [ 24.653334, 23.335455, 21.921, 20.804323 ] }, { "date": "2026-03-13", "close": 23.389999, "volume": 299300, "typical_volume": 379340.0, "trend": 19.602333, "fair_value": 41.404455, "relative_strength": 7.49852, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 62.983627, "energy": 58.990326, "activity_lines": [ 24.252666, 23.551455, 22.166476, 21.064559 ] }, { "date": "2026-03-20", "close": 23.58, "volume": 312100, "typical_volume": 383990.0, "trend": 19.853333, "fair_value": 40.954776, "relative_strength": 13.282426, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 58.2731, "energy": 45.01525, "activity_lines": [ 23.966, 23.737273, 22.399238, 21.321183 ] }, { "date": "2026-03-27", "close": 25.299999, "volume": 297400, "typical_volume": 372945.0, "trend": 20.125333, "fair_value": 40.540801, "relative_strength": 19.696525, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.591694, "energy": 43.944438, "activity_lines": [ 24.307999, 24.169818, 22.764524, 21.672581 ] }, { "date": "2026-04-03", "close": 24.98, "volume": 237000, "typical_volume": 361950.0, "trend": 20.397667, "fair_value": 40.115353, "relative_strength": 14.952734, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 60.913542, "energy": 41.176707, "activity_lines": [ 24.514666, 24.425818, 23.064143, 21.985785 ] }, { "date": "2026-04-10", "close": 22.6, "volume": 439700, "typical_volume": 356605.0, "trend": 20.618333, "fair_value": 39.725801, "relative_strength": 3.061158, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 42.224334, "energy": 29.415676, "activity_lines": [ 23.958, 24.153091, 23.111667, 22.127871 ] }, { "date": "2026-04-17", "close": 21.190001, "volume": 264800, "typical_volume": 357055.0, "trend": 20.785667, "fair_value": 39.260801, "relative_strength": -4.339608, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 24.643363, "energy": 14.947206, "activity_lines": [ 23.031334, 23.591091, 23.021905, 22.164753 ] }, { "date": "2026-04-24", "close": 21.030001, "volume": 268600, "typical_volume": 350180.0, "trend": 20.911667, "fair_value": 38.836955, "relative_strength": -3.298266, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 12.968065, "energy": 15.42111, "activity_lines": [ 22.198001, 23.053818, 22.912095, 22.180516 ] }, { "date": "2026-05-01", "close": 20.67, "volume": 185300, "typical_volume": 348030.0, "trend": 21.092, "fair_value": 38.426058, "relative_strength": -4.435191, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -1.292072, "energy": 19.727576, "activity_lines": [ 21.414667, 22.512546, 22.763762, 22.164925 ] }, { "date": "2026-05-08", "close": 20.389999, "volume": 176700, "typical_volume": 335400.0, "trend": 21.234333, "fair_value": 37.943365, "relative_strength": -5.886095, "stage": 1, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -25.763506, "energy": 36.140952, "activity_lines": [ 20.846667, 21.996727, 22.584762, 22.119634 ] }, { "date": "2026-05-15", "close": 20.73, "volume": 147500, "typical_volume": 335450.0, "trend": 21.337, "fair_value": 37.475417, "relative_strength": -3.358046, "stage": 1, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -22.271589, "energy": 45.322876, "activity_lines": [ 20.698, 21.634364, 22.43781, 22.087097 ] }, { "date": "2026-05-22", "close": 21.719999, "volume": 135800, "typical_volume": 332405.0, "trend": 21.497, "fair_value": 37.007083, "relative_strength": -0.518482, "stage": 1, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -19.697513, "energy": 39.603124, "activity_lines": [ 21.004, 21.513273, 22.383143, 22.111806 ] }, { "date": "2026-05-29", "close": 22.34, "volume": 221800, "typical_volume": 333685.0, "trend": 21.674667, "fair_value": 36.562468, "relative_strength": 1.571417, "stage": 1, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -13.76171, "energy": 14.798551, "activity_lines": [ 21.481333, 21.535273, 22.378524, 22.166194 ] }, { "date": "2026-06-05", "close": 27.299999, "volume": 225700, "typical_volume": 333470.0, "trend": 21.987667, "fair_value": 36.139327, "relative_strength": 24.964499, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "up", "direction": 62.690497, "energy": 40.185491, "activity_lines": [ 23.524666, 22.481636, 22.834905, 22.529118 ] }, { "date": "2026-06-12", "close": 25.9, "volume": 27300, "typical_volume": 326515.0, "trend": 22.196333, "fair_value": 35.713045, "relative_strength": 16.501224, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 69.047219, "energy": 54.463258, "activity_lines": [ 24.659333, 23.137091, 23.117428, 22.781527 ] }, { "date": "2026-06-19", "close": 26.469999, "volume": 50000, "typical_volume": 304820.0, "trend": 22.346333, "fair_value": 35.385545, "relative_strength": 18.689178, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 73.236522, "energy": 79.226344, "activity_lines": [ 25.616666, 23.879454, 23.424714, 23.057247 ] }, { "date": "2026-06-26", "close": 27.799999, "volume": 37800, "typical_volume": 252775.0, "trend": 22.600333, "fair_value": 35.054006, "relative_strength": 24.078703, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 80.637893, "energy": 88.627499, "activity_lines": [ 26.634666, 24.793272, 23.831619, 23.409097 ] }, { "date": "2026-07-03", "close": 26.68, "volume": 33800, "typical_volume": 229915.0, "trend": 22.818333, "fair_value": 34.707211, "relative_strength": 17.75389, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.314769, "energy": 81.885705, "activity_lines": [ 26.873999, 25.383272, 24.114476, 23.672301 ] }, { "date": "2026-07-10", "close": 25.84, "volume": 144600, "typical_volume": 228085.0, "trend": 23.018667, "fair_value": 34.358173, "relative_strength": 13.348619, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 64.340592, "energy": 75.438686, "activity_lines": [ 26.544, 25.717818, 24.306523, 23.867247 ] }, { "date": "2026-07-17", "close": 25.42, "volume": 190300, "typical_volume": 216730.0, "trend": 23.188667, "fair_value": 34.001058, "relative_strength": 11.171785, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 60.902913, "energy": 50.610711, "activity_lines": [ 26.171333, 25.882, 24.453952, 24.022172 ] }, { "date": "2026-07-24", "close": 25.58, "volume": 135200, "typical_volume": 191535.0, "trend": 23.364333, "fair_value": 33.63375, "relative_strength": 11.060196, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 45.915733, "energy": 35.200287, "activity_lines": [ 25.884, 25.983818, 24.616666, 24.176451 ] }, { "date": "2026-07-31", "close": 25.91, "volume": 119100, "typical_volume": 182525.0, "trend": 23.567, "fair_value": 33.254199, "relative_strength": 12.544395, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 41.650904, "energy": 28.587449, "activity_lines": [ 25.766, 26.057454, 24.803762, 24.340688 ] }, { "date": "2026-08-07", "close": 24.940001, "volume": 73500, "typical_volume": 170595.0, "trend": 23.733333, "fair_value": 32.873814, "relative_strength": 4.560244, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 36.908432, "energy": 21.935795, "activity_lines": [ 25.450667, 25.878545, 24.886476, 24.429269 ] } ], "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." } } }