{ "ticker": { "uuid": "f90884a0-aa22-4869-9100-b03f74e01fc9", "symbol": "ITUB", "name": "Itau Unibanco Banco Holding SA", "exchange": "NYSE", "country": "US", "assetType": "equity" }, "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.", "analysis": { "eligible": true, "as_of": "2026-08-07", "benchmark": "SPY", "stage": 2, "stage_name": "Advancing", "phase": "2c", "phase_label": "Stage 2C \u00b7 Late advance", "transition": "stage_2_healthy", "transition_label": "Stage 2 trend intact", "confidence": 84.68, "architecture_regime": "balance", "architecture_regime_label": "Balance", "architecture_modifier": "Balance after decline", "architecture_gate": "down", "architecture_direction": -24.659, "architecture_energy": 12.949, "architecture_maturity": 23.347, "architecture_confidence": 81.722, "architecture_tenure": "Developing", "architecture": { "interpretation": { "headline": "Directional pressure has compressed into balance.", "body": "Trend and Activity are compressed into balance, so neither side has durable control. Prior structure and the next directional change provide context; balance alone is not assumed to be a base." }, "scores": { "balance": 60.39, "rotation_up": 25.52, "upward_expansion": 31.04, "deceleration": 42.43, "rotation_down": 30.69, "downward_expansion": 41.7 }, "activity_lines": [ 8.224414, 8.195233, 8.150251, 8.198496 ], "activity_state": "Compressed", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": 0.166667 }, "latest_close": 7.94, "trend_reference": 8.251547, "distance_from_trend": -0.037756, "trend_direction": "Improving", "fair_value": 5.652446, "distance_from_fair_value": 0.404702, "fair_value_direction": "Weakening", "relative_strength": -6.1733, "relative_strength_direction": "Weakening", "price_momentum": -0.099601, "excess_performance": -0.225225, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.037756, "read": "Below" }, { "label": "Trend direction", "positive": true, "value": 0.049619, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.404702, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.154316, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.061733, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.117746, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.099601, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.85131, "read": "Supply-led" } ], "volume": { "latest": 101520642, "relative_activity": 0.957444, "balance": 0.85131, "dry_up": 0.878037, "accumulation_observations": 3, "distribution_observations": 2 }, "risk": { "range_context": 0.058628, "annualized_volatility": 0.342343, "from_high_reference": -0.162106, "from_low_reference": 0.348858 }, "levels": { "trend_reference": 8.251547, "fair_value_reference": 5.652446, "structural_low": 7.320524, "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 12, "median_return": 0.011603, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": 0.005393, "regime_survival": 0.333333, "best_return": 0.194245, "worst_return": -0.072526, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 6, "median_return": 0.097379, "positive_rate": 0.666667, "directional_follow_through": 0.666667, "median_excess_return": 0.004271, "regime_survival": 0.333333, "best_return": 0.253355, "worst_return": -0.107822, "sufficient": true }, { "horizon": "Extended", "sample_count": 4, "median_return": 0.140666, "positive_rate": 0.75, "directional_follow_through": 0.75, "median_excess_return": 0.018021, "regime_survival": 0.0, "best_return": 0.235154, "worst_return": -0.078371, "sufficient": false }, { "horizon": "Full cycle", "sample_count": 3, "median_return": 0.230191, "positive_rate": 1.0, "directional_follow_through": 1.0, "median_excess_return": 0.29937, "regime_survival": 0.333333, "best_return": 0.488137, "worst_return": 0.228946, "sufficient": false } ], "ledger": [ { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-10-25", "end": "2024-11-15", "tenure": "New", "return": -0.03667, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2024-11-22", "end": "2024-12-06", "tenure": "New", "return": -0.081523, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2024-12-13", "end": "2025-02-14", "tenure": "Developing", "return": 0.156841, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-02-21", "end": "2025-04-18", "tenure": "Developing", "return": 0.087689, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-04-25", "end": "2025-07-18", "tenure": "Established", "return": 0.036616, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-07-25", "end": "2025-08-15", "tenure": "New", "return": 0.09472, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-08-22", "end": "2025-10-17", "tenure": "Developing", "return": 0.008153, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-10-24", "end": "2025-11-07", "tenure": "New", "return": 0.071172, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-11-14", "end": "2026-03-20", "tenure": "Established", "return": 0.120101, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-03-27", "end": "2026-04-17", "tenure": "New", "return": 0.192347, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-04-24", "end": "2026-05-15", "tenure": "New", "return": -0.114138, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-05-22", "end": "2026-06-05", "tenure": "New", "return": -0.035394, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2026-06-12", "end": "2026-06-26", "tenure": "New", "return": 0.03939, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-07-03", "end": "2026-08-07", "tenure": "Developing", "return": -0.021773, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 3.76607, "volume": 88675022, "typical_volume": 98393200.2, "trend": 3.637175, "fair_value": 2.913642, "relative_strength": -1.823895, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 27.758771, "energy": 22.44549, "activity_lines": [ 3.918241, 4.005195, 3.946733, 3.810908 ] }, { "date": "2023-08-25", "close": 3.82176, "volume": 86554940, "typical_volume": 98003996.45, "trend": 3.654823, "fair_value": 2.925976, "relative_strength": -1.16922, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 23.768857, "energy": 25.773997, "activity_lines": [ 3.860573, 3.963548, 3.945111, 3.822816 ] }, { "date": "2023-09-01", "close": 3.886917, "volume": 121827012, "typical_volume": 96313831.05, "trend": 3.674118, "fair_value": 2.938258, "relative_strength": -1.961005, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 11.458832, "energy": 19.669021, "activity_lines": [ 3.849512, 3.938172, 3.947223, 3.83779 ] }, { "date": "2023-09-08", "close": 3.719738, "volume": 52926991, "typical_volume": 94793525.05, "trend": 3.686707, "fair_value": 2.950121, "relative_strength": -4.935832, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -4.227422, "energy": 18.756257, "activity_lines": [ 3.801879, 3.886819, 3.932138, 3.840733 ] }, { "date": "2023-09-15", "close": 3.921746, "volume": 77203175, "typical_volume": 94419635.6, "trend": 3.700823, "fair_value": 2.963741, "relative_strength": 0.351667, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 7.989305, "energy": 12.880142, "activity_lines": [ 3.837202, 3.879148, 3.935059, 3.855897 ] }, { "date": "2023-09-22", "close": 3.833345, "volume": 68177997, "typical_volume": 91789972.8, "trend": 3.717878, "fair_value": 2.977201, "relative_strength": 1.247473, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 6.452036, "energy": 9.272967, "activity_lines": [ 3.840568, 3.859994, 3.92776, 3.864447 ] }, { "date": "2023-09-29", "close": 3.777076, "volume": 68008897, "typical_volume": 88720884.75, "trend": 3.739552, "fair_value": 2.990592, "relative_strength": 0.650934, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 0.443679, "energy": 8.680294, "activity_lines": [ 3.820693, 3.834784, 3.913963, 3.868266 ] }, { "date": "2023-10-06", "close": 3.793674, "volume": 105430297, "typical_volume": 89151526.9, "trend": 3.762686, "fair_value": 3.003192, "relative_strength": 0.94207, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 4.356487, "energy": 7.262059, "activity_lines": [ 3.809329, 3.820191, 3.901532, 3.871758 ] }, { "date": "2023-10-13", "close": 3.807751, "volume": 76240081, "typical_volume": 86904002.1, "trend": 3.789688, "fair_value": 3.016507, "relative_strength": 1.134391, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 3.637955, "energy": 8.730292, "activity_lines": [ 3.808874, 3.815078, 3.889884, 3.874665 ] }, { "date": "2023-10-20", "close": 3.758483, "volume": 80374062, "typical_volume": 86049086.35, "trend": 3.814818, "fair_value": 3.028392, "relative_strength": 2.693721, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -18.564865, "energy": 15.679132, "activity_lines": [ 3.786129, 3.803666, 3.873052, 3.872652 ] }, { "date": "2023-10-27", "close": 3.821828, "volume": 56995418, "typical_volume": 85083292.5, "trend": 3.8306, "fair_value": 3.041771, "relative_strength": 7.160496, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -22.674452, "energy": 14.622913, "activity_lines": [ 3.795383, 3.80606, 3.862106, 3.873104 ] }, { "date": "2023-11-03", "close": 4.014441, "volume": 77064296, "typical_volume": 83052413.65, "trend": 3.854327, "fair_value": 3.054608, "relative_strength": 6.692207, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 8.537566, "energy": 6.876306, "activity_lines": [ 3.869609, 3.842462, 3.869907, 3.884965 ] }, { "date": "2023-11-10", "close": 4.253898, "volume": 84818314, "typical_volume": 83641612.9, "trend": 3.875486, "fair_value": 3.067701, "relative_strength": 11.232124, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 56.490899, "energy": 38.924197, "activity_lines": [ 4.00783, 3.918898, 3.900756, 3.910744 ] }, { "date": "2023-11-17", "close": 4.373627, "volume": 63967284, "typical_volume": 82995991.9, "trend": 3.905911, "fair_value": 3.081344, "relative_strength": 11.463925, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 65.728983, "energy": 65.714637, "activity_lines": [ 4.155279, 4.010431, 3.942416, 3.942882 ] }, { "date": "2023-11-24", "close": 4.373627, "volume": 56257878, "typical_volume": 82866996.45, "trend": 3.933584, "fair_value": 3.094416, "relative_strength": 10.007212, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 73.405312, "energy": 78.600822, "activity_lines": [ 4.265003, 4.090074, 3.982784, 3.973057 ] }, { "date": "2023-12-01", "close": 4.531108, "volume": 75116428, "typical_volume": 82610209.0, "trend": 3.964814, "fair_value": 3.107292, "relative_strength": 12.652365, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 81.752323, "energy": 87.317039, "activity_lines": [ 4.386211, 4.190135, 4.037201, 4.011607 ] }, { "date": "2023-12-08", "close": 4.623321, "volume": 77894169, "typical_volume": 80832789.05, "trend": 3.994528, "fair_value": 3.119909, "relative_strength": 14.163759, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 82.829564, "energy": 90.803245, "activity_lines": [ 4.490871, 4.294275, 4.09817, 4.054091 ] }, { "date": "2023-12-15", "close": 4.673034, "volume": 78449542, "typical_volume": 79626888.9, "trend": 4.027736, "fair_value": 3.132791, "relative_strength": 12.201425, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 79.693651, "energy": 90.421127, "activity_lines": [ 4.571511, 4.392067, 4.161835, 4.097866 ] }, { "date": "2023-12-22", "close": 4.843479, "volume": 60395256, "typical_volume": 78569670.05, "trend": 4.065707, "fair_value": 3.146955, "relative_strength": 14.868166, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 85.298793, "energy": 93.11491, "activity_lines": [ 4.681022, 4.504861, 4.239358, 4.150495 ] }, { "date": "2023-12-29", "close": 4.938331, "volume": 48805139, "typical_volume": 75259109.9, "trend": 4.106067, "fair_value": 3.162001, "relative_strength": 16.231268, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 84.449167, "energy": 92.746254, "activity_lines": [ 4.790828, 4.61607, 4.321678, 4.206793 ] }, { "date": "2024-01-05", "close": 4.895698, "volume": 62810949, "typical_volume": 73965906.25, "trend": 4.139036, "fair_value": 3.17682, "relative_strength": 16.552801, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 74.537839, "energy": 87.877382, "activity_lines": [ 4.848776, 4.698075, 4.394919, 4.257737 ] }, { "date": "2024-01-12", "close": 4.867276, "volume": 67566218, "typical_volume": 73016470.15, "trend": 4.165775, "fair_value": 3.191756, "relative_strength": 13.379622, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 67.774543, "energy": 83.447238, "activity_lines": [ 4.872944, 4.755388, 4.460075, 4.30472 ] }, { "date": "2024-01-19", "close": 4.732271, "volume": 68932369, "typical_volume": 70371738.0, "trend": 4.185852, "fair_value": 3.207355, "relative_strength": 8.648543, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.385033, "energy": 64.336267, "activity_lines": [ 4.835846, 4.772648, 4.507394, 4.341268 ] }, { "date": "2024-01-26", "close": 4.71806, "volume": 85276276, "typical_volume": 71989202.25, "trend": 4.206382, "fair_value": 3.223329, "relative_strength": 6.887646, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 61.568484, "energy": 55.956149, "activity_lines": [ 4.790063, 4.778626, 4.549334, 4.375604 ] }, { "date": "2024-02-02", "close": 4.663764, "volume": 74505161, "typical_volume": 71854301.55, "trend": 4.2227, "fair_value": 3.23892, "relative_strength": 3.889959, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 47.782924, "energy": 43.468684, "activity_lines": [ 4.734542, 4.768471, 4.58135, 4.405113 ] }, { "date": "2024-02-09", "close": 4.912593, "volume": 161138079, "typical_volume": 76502305.65, "trend": 4.251023, "fair_value": 3.25627, "relative_strength": 7.598675, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 59.78465, "energy": 45.473923, "activity_lines": [ 4.780268, 4.798281, 4.633529, 4.449622 ] }, { "date": "2024-02-16", "close": 4.941031, "volume": 88955474, "typical_volume": 77549634.5, "trend": 4.275887, "fair_value": 3.273911, "relative_strength": 8.320041, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 69.932827, "energy": 52.503606, "activity_lines": [ 4.834347, 4.826327, 4.683278, 4.494139 ] }, { "date": "2024-02-23", "close": 5.02887, "volume": 88812513, "typical_volume": 76718745.3, "trend": 4.304375, "fair_value": 3.29368, "relative_strength": 8.117842, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 73.578792, "energy": 58.314345, "activity_lines": [ 4.912789, 4.864566, 4.73585, 4.542718 ] }, { "date": "2024-03-01", "close": 5.065577, "volume": 78360024, "typical_volume": 76824742.45, "trend": 4.341427, "fair_value": 3.312823, "relative_strength": 7.389132, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 73.046438, "energy": 63.357824, "activity_lines": [ 4.983694, 4.903009, 4.786036, 4.591828 ] }, { "date": "2024-03-08", "close": 5.02674, "volume": 64626752, "typical_volume": 76037376.95, "trend": 4.379504, "fair_value": 3.331662, "relative_strength": 6.429907, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.033772, "energy": 66.081261, "activity_lines": [ 5.018485, 4.930354, 4.826534, 4.636042 ] }, { "date": "2024-03-15", "close": 5.056136, "volume": 70069041, "typical_volume": 76691058.1, "trend": 4.422507, "fair_value": 3.350111, "relative_strength": 6.644752, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 68.529175, "energy": 66.865731, "activity_lines": [ 5.038876, 4.961435, 4.863792, 4.679695 ] }, { "date": "2024-03-22", "close": 4.991864, "volume": 57488188, "typical_volume": 75712252.7, "trend": 4.46151, "fair_value": 3.368673, "relative_strength": 2.592516, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.412235, "energy": 54.271656, "activity_lines": [ 5.028274, 4.977914, 4.889051, 4.716428 ] }, { "date": "2024-03-29", "close": 5.127612, "volume": 34193206, "typical_volume": 73180997.3, "trend": 4.502867, "fair_value": 3.388373, "relative_strength": 4.683147, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 70.951462, "energy": 54.818723, "activity_lines": [ 5.059532, 5.016808, 4.922584, 4.759402 ] }, { "date": "2024-04-05", "close": 4.794651, "volume": 93000179, "typical_volume": 74632642.05, "trend": 4.538697, "fair_value": 3.406104, "relative_strength": -1.452815, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 46.142948, "energy": 34.085588, "activity_lines": [ 4.97322, 4.987977, 4.920246, 4.778227 ] }, { "date": "2024-04-12", "close": 4.698462, "volume": 81233804, "typical_volume": 75881438.35, "trend": 4.564588, "fair_value": 3.422529, "relative_strength": -2.056143, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 24.137867, "energy": 15.788662, "activity_lines": [ 4.872908, 4.940264, 4.906742, 4.788535 ] }, { "date": "2024-04-19", "close": 4.476487, "volume": 125878908, "typical_volume": 78419562.35, "trend": 4.586026, "fair_value": 3.437531, "relative_strength": -3.829341, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -11.800284, "energy": 21.741624, "activity_lines": [ 4.720488, 4.851561, 4.870551, 4.782851 ] }, { "date": "2024-04-26", "close": 4.661466, "volume": 92205014, "typical_volume": 79135104.6, "trend": 4.615505, "fair_value": 3.453581, "relative_strength": -2.541757, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 0.16684, "energy": 24.404516, "activity_lines": [ 4.668372, 4.80442, 4.852237, 4.787718 ] }, { "date": "2024-05-03", "close": 4.693691, "volume": 86105194, "typical_volume": 79517887.2, "trend": 4.645506, "fair_value": 3.469111, "relative_strength": -2.517852, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 0.17479, "energy": 23.403149, "activity_lines": [ 4.649024, 4.76822, 4.83681, 4.792762 ] }, { "date": "2024-05-10", "close": 4.693691, "volume": 86858844, "typical_volume": 80841066.6, "trend": 4.675037, "fair_value": 3.48406, "relative_strength": -4.26864, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -18.733422, "energy": 28.31893, "activity_lines": [ 4.658604, 4.738115, 4.821285, 4.795871 ] }, { "date": "2024-05-17", "close": 4.834353, "volume": 90259601, "typical_volume": 82913789.7, "trend": 4.7109, "fair_value": 3.499938, "relative_strength": -3.046714, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 8.56391, "energy": 11.396736, "activity_lines": [ 4.721801, 4.740347, 4.81987, 4.806149 ] }, { "date": "2024-05-24", "close": 4.567834, "volume": 59871578, "typical_volume": 82766821.15, "trend": 4.735766, "fair_value": 3.513416, "relative_strength": -8.330089, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -32.918523, "energy": 20.173635, "activity_lines": [ 4.6871, 4.697618, 4.793567, 4.796919 ] }, { "date": "2024-05-31", "close": 4.434575, "volume": 74919031, "typical_volume": 83134461.8, "trend": 4.749771, "fair_value": 3.524257, "relative_strength": -10.57674, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -40.822665, "energy": 29.428366, "activity_lines": [ 4.60189, 4.639539, 4.756134, 4.777488 ] }, { "date": "2024-06-07", "close": 4.400109, "volume": 79131747, "typical_volume": 83644430.7, "trend": 4.754645, "fair_value": 3.534793, "relative_strength": -12.199053, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -40.173814, "energy": 46.298362, "activity_lines": [ 4.520316, 4.585326, 4.717479, 4.754929 ] }, { "date": "2024-06-14", "close": 4.296402, "volume": 120909994, "typical_volume": 85426116.6, "trend": 4.75207, "fair_value": 3.544721, "relative_strength": -15.404974, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -73.150114, "energy": 74.601339, "activity_lines": [ 4.423746, 4.525484, 4.670529, 4.725365 ] }, { "date": "2024-06-21", "close": 4.414924, "volume": 92092370, "typical_volume": 86305477.05, "trend": 4.753447, "fair_value": 3.555796, "relative_strength": -13.349707, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.965257, "energy": 71.107709, "activity_lines": [ 4.393169, 4.496251, 4.636874, 4.703613 ] }, { "date": "2024-06-28", "close": 4.360294, "volume": 88938514, "typical_volume": 82695498.8, "trend": 4.747753, "fair_value": 3.567317, "relative_strength": -14.134154, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.87089, "energy": 67.335848, "activity_lines": [ 4.372344, 4.46224, 4.599202, 4.678249 ] }, { "date": "2024-07-05", "close": 4.504748, "volume": 73539734, "typical_volume": 81924711.8, "trend": 4.743801, "fair_value": 3.580792, "relative_strength": -12.680692, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -58.796289, "energy": 47.479364, "activity_lines": [ 4.413507, 4.456606, 4.577917, 4.662571 ] }, { "date": "2024-07-12", "close": 4.624277, "volume": 75061145, "typical_volume": 81237143.4, "trend": 4.742176, "fair_value": 3.594782, "relative_strength": -11.052302, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -42.390704, "energy": 27.093925, "activity_lines": [ 4.489834, 4.475554, 4.570094, 4.65486 ] }, { "date": "2024-07-19", "close": 4.586924, "volume": 72648955, "typical_volume": 80951589.95, "trend": 4.733624, "fair_value": 3.608867, "relative_strength": -9.806266, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -36.539436, "energy": 19.396261, "activity_lines": [ 4.538766, 4.488973, 4.560639, 4.644843 ] }, { "date": "2024-07-26", "close": 4.527159, "volume": 58817773, "typical_volume": 80661141.0, "trend": 4.719918, "fair_value": 3.621874, "relative_strength": -10.060342, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -32.094199, "energy": 21.063832, "activity_lines": [ 4.548407, 4.493467, 4.547772, 4.631523 ] }, { "date": "2024-08-02", "close": 4.305457, "volume": 77785630, "typical_volume": 81046970.45, "trend": 4.700243, "fair_value": 3.633258, "relative_strength": -12.449637, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -54.048158, "energy": 26.719404, "activity_lines": [ 4.476666, 4.463236, 4.51617, 4.604784 ] }, { "date": "2024-08-09", "close": 4.686669, "volume": 122908223, "typical_volume": 84317972.2, "trend": 4.694223, "fair_value": 3.647086, "relative_strength": -4.704804, "stage": 3, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -22.086611, "energy": 12.11117, "activity_lines": [ 4.535652, 4.507087, 4.524448, 4.603908 ] }, { "date": "2024-08-16", "close": 5.037982, "volume": 117326085, "typical_volume": 88474616.15, "trend": 4.704413, "fair_value": 3.664028, "relative_strength": -1.571133, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 15.205156, "energy": 17.915163, "activity_lines": [ 4.699613, 4.61023, 4.567638, 4.626086 ] }, { "date": "2024-08-23", "close": 5.008083, "volume": 106503030, "typical_volume": 89149758.7, "trend": 4.714081, "fair_value": 3.679693, "relative_strength": -3.536634, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 34.01577, "energy": 42.600336, "activity_lines": [ 4.826028, 4.696339, 4.608407, 4.645677 ] }, { "date": "2024-08-30", "close": 4.873538, "volume": 80644096, "typical_volume": 89120273.3, "trend": 4.721073, "fair_value": 3.695128, "relative_strength": -6.36875, "stage": 3, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 21.703715, "energy": 46.730826, "activity_lines": [ 4.879518, 4.745046, 4.635346, 4.655965 ] }, { "date": "2024-09-06", "close": 4.943129, "volume": 62526312, "typical_volume": 85952643.5, "trend": 4.722091, "fair_value": 3.711734, "relative_strength": -1.073613, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 25.017739, "energy": 54.9028, "activity_lines": [ 4.933112, 4.798067, 4.668079, 4.670291 ] }, { "date": "2024-09-13", "close": 4.987999, "volume": 78334296, "typical_volume": 85259107.6, "trend": 4.723657, "fair_value": 3.729102, "relative_strength": -4.008633, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 37.341331, "energy": 55.319105, "activity_lines": [ 4.959152, 4.848649, 4.702863, 4.687447 ] }, { "date": "2024-09-20", "close": 4.868347, "volume": 69132954, "typical_volume": 84410495.6, "trend": 4.718306, "fair_value": 3.745591, "relative_strength": -7.535722, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 29.960073, "energy": 29.639174, "activity_lines": [ 4.925218, 4.86869, 4.724697, 4.696781 ] }, { "date": "2024-09-27", "close": 5.108166, "volume": 130333817, "typical_volume": 86584244.25, "trend": 4.719726, "fair_value": 3.762969, "relative_strength": -3.524141, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 69.044582, "energy": 45.574792, "activity_lines": [ 4.982534, 4.927897, 4.768539, 4.721934 ] }, { "date": "2024-10-04", "close": 4.854318, "volume": 129241777, "typical_volume": 88533353.05, "trend": 4.713978, "fair_value": 3.775789, "relative_strength": -8.468953, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 53.885938, "energy": 34.542216, "activity_lines": [ 4.948561, 4.931472, 4.786231, 4.730617 ] }, { "date": "2024-10-11", "close": 4.665874, "volume": 105283012, "typical_volume": 90803924.75, "trend": 4.70097, "fair_value": 3.787113, "relative_strength": -12.862236, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 32.133237, "energy": 18.281511, "activity_lines": [ 4.853056, 4.894837, 4.785881, 4.727514 ] }, { "date": "2024-10-18", "close": 4.658337, "volume": 87324928, "typical_volume": 91424219.6, "trend": 4.689852, "fair_value": 3.799955, "relative_strength": -13.554965, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 23.833815, "energy": 14.595464, "activity_lines": [ 4.773521, 4.850278, 4.784347, 4.724763 ] }, { "date": "2024-10-25", "close": 4.665874, "volume": 72837993, "typical_volume": 91109531.9, "trend": 4.674461, "fair_value": 3.813092, "relative_strength": -12.333847, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 15.783382, "energy": 18.012359, "activity_lines": [ 4.718476, 4.807605, 4.782465, 4.723216 ] }, { "date": "2024-11-01", "close": 4.47743, "volume": 89926439, "typical_volume": 89560354.15, "trend": 4.663887, "fair_value": 3.824887, "relative_strength": -14.423855, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -26.06171, "energy": 27.867588, "activity_lines": [ 4.614115, 4.737435, 4.76137, 4.710504 ] }, { "date": "2024-11-08", "close": 4.605572, "volume": 164239327, "typical_volume": 93167702.0, "trend": 4.66079, "fair_value": 3.837132, "relative_strength": -15.600324, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -16.986642, "energy": 24.357952, "activity_lines": [ 4.594517, 4.700211, 4.751617, 4.706742 ] }, { "date": "2024-11-15", "close": 4.494777, "volume": 103238933, "typical_volume": 93882722.95, "trend": 4.6614, "fair_value": 3.849739, "relative_strength": -15.496552, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -26.668842, "energy": 39.988617, "activity_lines": [ 4.55457, 4.647715, 4.730405, 4.696032 ] }, { "date": "2024-11-22", "close": 4.41182, "volume": 78110457, "typical_volume": 94111259.1, "trend": 4.653078, "fair_value": 3.861202, "relative_strength": -18.011384, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -32.503138, "energy": 51.433572, "activity_lines": [ 4.498377, 4.588288, 4.700651, 4.67993 ] }, { "date": "2024-11-29", "close": 4.042283, "volume": 101733500, "typical_volume": 95444876.85, "trend": 4.631365, "fair_value": 3.870491, "relative_strength": -25.232223, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -57.625679, "energy": 66.102387, "activity_lines": [ 4.33544, 4.472148, 4.636146, 4.640524 ] }, { "date": "2024-12-06", "close": 4.052154, "volume": 166694553, "typical_volume": 100147156.75, "trend": 4.60998, "fair_value": 3.880261, "relative_strength": -25.134137, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -79.464469, "energy": 80.787333, "activity_lines": [ 4.217366, 4.372823, 4.575352, 4.603155 ] }, { "date": "2024-12-13", "close": 4.013647, "volume": 175400248, "typical_volume": 105976280.5, "trend": 4.582623, "fair_value": 3.890536, "relative_strength": -24.850636, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -75.04987, "energy": 82.312227, "activity_lines": [ 4.114808, 4.285696, 4.513438, 4.564682 ] }, { "date": "2024-12-20", "close": 3.861327, "volume": 259684481, "typical_volume": 115071223.05, "trend": 4.559073, "fair_value": 3.899668, "relative_strength": -25.734283, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -80.05104, "energy": 87.102957, "activity_lines": [ 4.000938, 4.18616, 4.439462, 4.518147 ] }, { "date": "2024-12-27", "close": 3.792783, "volume": 61852943, "typical_volume": 112018459.05, "trend": 4.53768, "fair_value": 3.908318, "relative_strength": -26.862423, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -78.805799, "energy": 89.105316, "activity_lines": [ 3.90645, 4.088789, 4.361073, 4.468709 ] }, { "date": "2025-01-03", "close": 3.711188, "volume": 76139841, "typical_volume": 109959146.85, "trend": 4.514716, "fair_value": 3.915471, "relative_strength": -27.372439, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -80.062627, "energy": 90.557275, "activity_lines": [ 3.826033, 3.99232, 4.27917, 4.415387 ] }, { "date": "2025-01-10", "close": 3.840737, "volume": 105713798, "typical_volume": 109919685.25, "trend": 4.499527, "fair_value": 3.922326, "relative_strength": -22.711899, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.135454, "energy": 83.676719, "activity_lines": [ 3.810872, 3.936763, 4.215923, 4.371904 ] }, { "date": "2025-01-17", "close": 4.054111, "volume": 110735055, "typical_volume": 111424233.2, "trend": 4.4875, "fair_value": 3.930675, "relative_strength": -20.186345, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.69841, "energy": 57.492234, "activity_lines": [ 3.880931, 3.931578, 4.178556, 4.343168 ] }, { "date": "2025-01-24", "close": 4.168419, "volume": 75206948, "typical_volume": 112058265.0, "trend": 4.481104, "fair_value": 3.938334, "relative_strength": -18.796872, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -48.789026, "energy": 41.30904, "activity_lines": [ 3.986394, 3.957203, 4.155977, 4.322582 ] }, { "date": "2025-01-31", "close": 4.419896, "volume": 150382011, "typical_volume": 115660650.75, "trend": 4.478276, "fair_value": 3.946799, "relative_strength": -12.577875, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -25.496364, "energy": 23.615072, "activity_lines": [ 4.15521, 4.034485, 4.161038, 4.318633 ] }, { "date": "2025-02-07", "close": 4.46017, "volume": 169762056, "typical_volume": 120692105.85, "trend": 4.472806, "fair_value": 3.954476, "relative_strength": -11.117792, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -7.810542, "energy": 25.263029, "activity_lines": [ 4.295643, 4.118942, 4.172639, 4.317465 ] }, { "date": "2025-02-14", "close": 4.643152, "volume": 129001183, "typical_volume": 120625474.15, "trend": 4.47468, "fair_value": 3.963075, "relative_strength": -8.319316, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": 17.471417, "energy": 34.539649, "activity_lines": [ 4.447138, 4.229071, 4.203612, 4.328455 ] }, { "date": "2025-02-21", "close": 4.577759, "volume": 93670945, "typical_volume": 118846932.55, "trend": 4.476367, "fair_value": 3.972039, "relative_strength": -7.627037, "stage": 4, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 29.352646, "energy": 41.723988, "activity_lines": [ 4.523342, 4.316565, 4.23057, 4.335105 ] }, { "date": "2025-02-28", "close": 4.38602, "volume": 109567407, "typical_volume": 119061152.3, "trend": 4.479052, "fair_value": 3.979886, "relative_strength": -10.08922, "stage": 4, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 24.289183, "energy": 39.82757, "activity_lines": [ 4.500722, 4.35894, 4.240585, 4.329276 ] }, { "date": "2025-03-07", "close": 4.540178, "volume": 98665585, "typical_volume": 119628185.15, "trend": 4.474169, "fair_value": 3.988679, "relative_strength": -3.511295, "stage": 4, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 28.103316, "energy": 47.781566, "activity_lines": [ 4.514981, 4.419805, 4.266614, 4.33322 ] }, { "date": "2025-03-14", "close": 4.78797, "volume": 156017715, "typical_volume": 123787171.25, "trend": 4.465835, "fair_value": 3.99751, "relative_strength": 4.495454, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 43.044746, "energy": 51.582676, "activity_lines": [ 4.603819, 4.512133, 4.316805, 4.353465 ] }, { "date": "2025-03-21", "close": 4.976611, "volume": 126276294, "typical_volume": 125604664.0, "trend": 4.464786, "fair_value": 4.005457, "relative_strength": 8.285394, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 48.936898, "energy": 60.038706, "activity_lines": [ 4.733685, 4.619182, 4.38438, 4.386418 ] }, { "date": "2025-03-28", "close": 4.853514, "volume": 77689988, "typical_volume": 121277197.05, "trend": 4.464119, "fair_value": 4.012057, "relative_strength": 7.490758, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 43.41715, "energy": 62.76066, "activity_lines": [ 4.800287, 4.683198, 4.437855, 4.411498 ] }, { "date": "2025-04-04", "close": 4.688871, "volume": 101307845, "typical_volume": 121180642.65, "trend": 4.455643, "fair_value": 4.018732, "relative_strength": 14.221696, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 35.802874, "energy": 53.453938, "activity_lines": [ 4.793624, 4.702744, 4.474469, 4.425998 ] }, { "date": "2025-04-11", "close": 4.81203, "volume": 213545308, "typical_volume": 127952385.2, "trend": 4.449778, "fair_value": 4.026364, "relative_strength": 11.009115, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 36.298158, "energy": 44.403756, "activity_lines": [ 4.807825, 4.735219, 4.521888, 4.44899 ] }, { "date": "2025-04-18", "close": 4.979176, "volume": 91992250, "typical_volume": 127465322.7, "trend": 4.453472, "fair_value": 4.036199, "relative_strength": 16.424401, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 72.650387, "energy": 52.654695, "activity_lines": [ 4.859617, 4.790956, 4.58332, 4.483145 ] }, { "date": "2025-04-25", "close": 5.401438, "volume": 126750041, "typical_volume": 125468097.1, "trend": 4.463248, "fair_value": 4.050752, "relative_strength": 20.591442, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 87.134744, "energy": 69.510935, "activity_lines": [ 5.039416, 4.91403, 4.680506, 4.544304 ] }, { "date": "2025-05-02", "close": 5.454221, "volume": 119310911, "typical_volume": 122663630.25, "trend": 4.483245, "fair_value": 4.066215, "relative_strength": 18.215083, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 84.707537, "energy": 88.583279, "activity_lines": [ 5.208488, 5.032914, 4.776294, 4.608238 ] }, { "date": "2025-05-09", "close": 5.817598, "volume": 148980883, "typical_volume": 117128450.35, "trend": 4.521635, "fair_value": 4.083169, "relative_strength": 26.278884, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 90.061587, "energy": 94.862566, "activity_lines": [ 5.458638, 5.201932, 4.899829, 4.694325 ] }, { "date": "2025-05-16", "close": 5.914412, "volume": 201263567, "typical_volume": 124098981.55, "trend": 4.563505, "fair_value": 4.099737, "relative_strength": 21.726268, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 86.853953, "energy": 94.607475, "activity_lines": [ 5.665811, 5.362523, 5.023269, 4.784182 ] }, { "date": "2025-05-23", "close": 5.852803, "volume": 190261774, "typical_volume": 129805078.2, "trend": 4.603069, "fair_value": 4.114359, "relative_strength": 23.200319, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 74.760942, "energy": 89.780692, "activity_lines": [ 5.778956, 5.486926, 5.130738, 4.867362 ] }, { "date": "2025-05-30", "close": 5.799996, "volume": 162924506, "typical_volume": 132665613.6, "trend": 4.647154, "fair_value": 4.129172, "relative_strength": 19.587818, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.795055, "energy": 83.626774, "activity_lines": [ 5.816256, 5.582368, 5.22298, 4.944583 ] }, { "date": "2025-06-06", "close": 5.77609, "volume": 132150986, "typical_volume": 133736410.15, "trend": 4.686172, "fair_value": 4.146183, "relative_strength": 16.802992, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.892902, "energy": 65.578869, "activity_lines": [ 5.819018, 5.658492, 5.303616, 5.017418 ] }, { "date": "2025-06-13", "close": 5.827854, "volume": 137267949, "typical_volume": 136839460.2, "trend": 4.730608, "fair_value": 4.1647, "relative_strength": 17.793041, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.70834, "energy": 63.55797, "activity_lines": [ 5.817576, 5.727254, 5.380981, 5.091075 ] }, { "date": "2025-06-20", "close": 5.890042, "volume": 78908009, "typical_volume": 133265760.1, "trend": 4.779882, "fair_value": 4.184035, "relative_strength": 18.773685, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.423731, "energy": 62.715036, "activity_lines": [ 5.836179, 5.786614, 5.456367, 5.165877 ] }, { "date": "2025-06-27", "close": 5.881158, "volume": 146851324, "typical_volume": 132120223.5, "trend": 4.841177, "fair_value": 4.203886, "relative_strength": 14.233297, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.645545, "energy": 59.132537, "activity_lines": [ 5.853446, 5.824759, 5.523907, 5.236927 ] }, { "date": "2025-07-04", "close": 6.150249, "volume": 107839241, "typical_volume": 131062126.4, "trend": 4.911114, "fair_value": 4.225293, "relative_strength": 17.034166, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 78.778187, "energy": 66.213993, "activity_lines": [ 5.95852, 5.895429, 5.610307, 5.321383 ] }, { "date": "2025-07-11", "close": 5.599215, "volume": 157256837, "typical_volume": 134241421.0, "trend": 4.963966, "fair_value": 4.243841, "relative_strength": 6.691381, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.05427, "energy": 50.178318, "activity_lines": [ 5.856566, 5.852297, 5.637051, 5.365777 ] }, { "date": "2025-07-18", "close": 5.599215, "volume": 152154359, "typical_volume": 136370768.6, "trend": 5.021896, "fair_value": 4.262136, "relative_strength": 5.906134, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 47.686165, "energy": 37.154928, "activity_lines": [ 5.766403, 5.806529, 5.658932, 5.406761 ] }, { "date": "2025-07-25", "close": 5.661428, "volume": 128605696, "typical_volume": 137867774.15, "trend": 5.084184, "fair_value": 4.279528, "relative_strength": 5.370258, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 42.600296, "energy": 29.634723, "activity_lines": [ 5.71222, 5.776042, 5.68096, 5.448021 ] }, { "date": "2025-08-01", "close": 5.590327, "volume": 129133988, "typical_volume": 136523587.8, "trend": 5.146822, "fair_value": 4.295232, "relative_strength": 6.423758, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 33.073905, "energy": 24.999741, "activity_lines": [ 5.649578, 5.737228, 5.690877, 5.480675 ] }, { "date": "2025-08-08", "close": 6.099867, "volume": 176931990, "typical_volume": 139056372.6, "trend": 5.222126, "fair_value": 4.312437, "relative_strength": 13.133664, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 59.632005, "energy": 32.195622, "activity_lines": [ 5.776171, 5.79583, 5.745502, 5.542162 ] }, { "date": "2025-08-15", "close": 6.197678, "volume": 158419185, "typical_volume": 143092832.45, "trend": 5.293579, "fair_value": 4.330479, "relative_strength": 13.718192, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 73.050787, "energy": 48.72804, "activity_lines": [ 5.938727, 5.866763, 5.804092, 5.605101 ] }, { "date": "2025-08-22", "close": 6.179026, "volume": 138437610, "typical_volume": 144949320.7, "trend": 5.360599, "fair_value": 4.34802, "relative_strength": 12.905019, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 69.232886, "energy": 61.770976, "activity_lines": [ 6.055168, 5.92664, 5.854506, 5.662227 ] }, { "date": "2025-08-29", "close": 6.412535, "volume": 142779846, "typical_volume": 141411047.6, "trend": 5.42702, "fair_value": 4.367553, "relative_strength": 16.904125, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 78.453101, "energy": 81.557688, "activity_lines": [ 6.210792, 6.022588, 5.920062, 5.730093 ] }, { "date": "2025-09-05", "close": 6.379435, "volume": 112376844, "typical_volume": 142430277.3, "trend": 5.490996, "fair_value": 4.386448, "relative_strength": 15.75146, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 70.624612, "energy": 78.95002, "activity_lines": [ 6.305308, 6.103018, 5.974845, 5.79154 ] }, { "date": "2025-09-12", "close": 6.262629, "volume": 125661488, "typical_volume": 142375849.65, "trend": 5.544978, "fair_value": 4.405106, "relative_strength": 11.737774, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 64.002189, "energy": 68.293743, "activity_lines": [ 6.308281, 6.153151, 6.011836, 5.841322 ] }, { "date": "2025-09-19", "close": 6.586093, "volume": 158177996, "typical_volume": 144319203.9, "trend": 5.611923, "fair_value": 4.424475, "relative_strength": 15.749051, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 76.817784, "energy": 68.152711, "activity_lines": [ 6.408225, 6.260052, 6.075531, 5.908491 ] }, { "date": "2025-09-26", "close": 6.505227, "volume": 140775446, "typical_volume": 143908932.05, "trend": 5.682563, "fair_value": 4.444177, "relative_strength": 14.451742, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 67.459415, "energy": 55.084447, "activity_lines": [ 6.45532, 6.334308, 6.126135, 5.966124 ] }, { "date": "2025-10-03", "close": 6.44514, "volume": 168825797, "typical_volume": 142287043.55, "trend": 5.746062, "fair_value": 4.46182, "relative_strength": 11.87775, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 61.245493, "energy": 49.763639, "activity_lines": [ 6.460639, 6.381165, 6.167743, 6.015322 ] }, { "date": "2025-10-10", "close": 6.07659, "volume": 151566823, "typical_volume": 140352296.0, "trend": 5.789016, "fair_value": 4.478037, "relative_strength": 7.816629, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 47.680939, "energy": 38.099425, "activity_lines": [ 6.340934, 6.346764, 6.171723, 6.036647 ] }, { "date": "2025-10-17", "close": 6.229404, "volume": 122473978, "typical_volume": 138329769.6, "trend": 5.830775, "fair_value": 4.492466, "relative_strength": 8.320048, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 41.224676, "energy": 27.271174, "activity_lines": [ 6.292356, 6.331306, 6.189191, 6.065059 ] }, { "date": "2025-10-24", "close": 6.35525, "volume": 106855629, "typical_volume": 137065001.75, "trend": 5.880833, "fair_value": 4.509703, "relative_strength": 8.114873, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 40.858596, "energy": 22.230616, "activity_lines": [ 6.287943, 6.336374, 6.216599, 6.098896 ] }, { "date": "2025-10-31", "close": 6.615932, "volume": 104872601, "typical_volume": 135445234.35, "trend": 5.945069, "fair_value": 4.526681, "relative_strength": 11.320729, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 57.319799, "energy": 30.476522, "activity_lines": [ 6.385813, 6.385974, 6.266077, 6.146321 ] }, { "date": "2025-11-07", "close": 6.807565, "volume": 106626377, "typical_volume": 136831152.75, "trend": 6.011586, "fair_value": 4.549147, "relative_strength": 15.836747, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 75.859711, "energy": 56.0, "activity_lines": [ 6.54018, 6.462472, 6.330052, 6.201966 ] }, { "date": "2025-11-14", "close": 6.870515, "volume": 100942745, "typical_volume": 134535723.8, "trend": 6.074631, "fair_value": 4.572145, "relative_strength": 16.114073, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 75.962938, "energy": 75.862384, "activity_lines": [ 6.691369, 6.543234, 6.395654, 6.257381 ] }, { "date": "2025-11-21", "close": 6.636701, "volume": 89114086, "typical_volume": 133599466.05, "trend": 6.115807, "fair_value": 4.593984, "relative_strength": 13.719238, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 62.724266, "energy": 72.483506, "activity_lines": [ 6.711692, 6.572555, 6.434276, 6.293644 ] }, { "date": "2025-11-28", "close": 7.0144, "volume": 75046799, "typical_volume": 129488964.15, "trend": 6.167812, "fair_value": 4.617463, "relative_strength": 15.038821, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 78.789557, "energy": 81.535037, "activity_lines": [ 6.830761, 6.663748, 6.506554, 6.351618 ] }, { "date": "2025-12-05", "close": 6.792251, "volume": 169690162, "typical_volume": 130365754.3, "trend": 6.200301, "fair_value": 4.641088, "relative_strength": 10.271223, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 61.725574, "energy": 62.510919, "activity_lines": [ 6.831837, 6.706762, 6.550935, 6.391904 ] }, { "date": "2025-12-12", "close": 6.965332, "volume": 91508050, "typical_volume": 128510872.0, "trend": 6.235332, "fair_value": 4.666474, "relative_strength": 12.888758, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.936238, "energy": 51.114322, "activity_lines": [ 6.878852, 6.776027, 6.606119, 6.441261 ] }, { "date": "2025-12-19", "close": 6.775022, "volume": 101346104, "typical_volume": 127121477.8, "trend": 6.266072, "fair_value": 4.688728, "relative_strength": 8.899843, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 58.011188, "energy": 45.004045, "activity_lines": [ 6.851913, 6.801232, 6.636969, 6.476079 ] }, { "date": "2025-12-26", "close": 6.955816, "volume": 38332150, "typical_volume": 120191485.8, "trend": 6.3046, "fair_value": 4.712821, "relative_strength": 9.396745, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 61.318234, "energy": 43.357697, "activity_lines": [ 6.891604, 6.84661, 6.679396, 6.520579 ] }, { "date": "2026-01-02", "close": 7.086083, "volume": 34640340, "typical_volume": 114002543.55, "trend": 6.348266, "fair_value": 4.737445, "relative_strength": 11.670765, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 68.358558, "energy": 47.769952, "activity_lines": [ 6.953444, 6.902465, 6.730154, 6.570997 ] }, { "date": "2026-01-09", "close": 7.324541, "volume": 106922780, "typical_volume": 112426802.05, "trend": 6.398156, "fair_value": 4.762509, "relative_strength": 12.715307, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 76.79282, "energy": 58.317101, "activity_lines": [ 7.089991, 6.988389, 6.799392, 6.633983 ] }, { "date": "2026-01-16", "close": 7.236294, "volume": 82980279, "typical_volume": 109436823.7, "trend": 6.443031, "fair_value": 4.787312, "relative_strength": 10.925405, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 68.989164, "energy": 67.420968, "activity_lines": [ 7.161636, 7.045384, 6.85477, 6.688056 ] }, { "date": "2026-01-23", "close": 8.128574, "volume": 123671802, "typical_volume": 110001571.6, "trend": 6.517944, "fair_value": 4.818314, "relative_strength": 23.816305, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 91.768169, "energy": 88.47151, "activity_lines": [ 7.512643, 7.256816, 6.991204, 6.796801 ] }, { "date": "2026-01-30", "close": 8.422732, "volume": 198257699, "typical_volume": 113631382.15, "trend": 6.593694, "fair_value": 4.8511, "relative_strength": 26.577166, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 92.057128, "energy": 94.804228, "activity_lines": [ 7.871467, 7.498858, 7.147325, 6.919691 ] }, { "date": "2026-02-06", "close": 8.818308, "volume": 152515587, "typical_volume": 113348261.7, "trend": 6.700997, "fair_value": 4.886204, "relative_strength": 31.399378, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 92.161387, "energy": 96.160558, "activity_lines": [ 8.264355, 7.78035, 7.330833, 7.063214 ] }, { "date": "2026-02-13", "close": 8.985061, "volume": 144980878, "typical_volume": 113558533.3, "trend": 6.813859, "fair_value": 4.921376, "relative_strength": 34.172346, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 86.756518, "energy": 94.768887, "activity_lines": [ 8.597345, 8.059361, 7.519592, 7.210573 ] }, { "date": "2026-02-20", "close": 9.328377, "volume": 98502871, "typical_volume": 110042387.0, "trend": 6.93609, "fair_value": 4.959881, "relative_strength": 36.197844, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 86.743445, "energy": 94.764442, "activity_lines": [ 8.934073, 8.360925, 7.72924, 7.3728 ] }, { "date": "2026-02-27", "close": 8.879846, "volume": 118937114, "typical_volume": 108410901.55, "trend": 7.045741, "fair_value": 4.996759, "relative_strength": 28.932429, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.20637, "energy": 86.493161, "activity_lines": [ 8.981818, 8.537973, 7.882441, 7.498204 ] }, { "date": "2026-03-06", "close": 7.990145, "volume": 166893798, "typical_volume": 110631892.55, "trend": 7.10875, "fair_value": 5.028108, "relative_strength": 17.483203, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.203556, "energy": 62.970571, "activity_lines": [ 8.682911, 8.514988, 7.93756, 7.559133 ] }, { "date": "2026-03-13", "close": 7.833091, "volume": 149089519, "typical_volume": 112743587.05, "trend": 7.163264, "fair_value": 5.059104, "relative_strength": 16.21707, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 49.515367, "energy": 43.251781, "activity_lines": [ 8.360493, 8.444642, 7.969336, 7.605865 ] }, { "date": "2026-03-20", "close": 7.695668, "volume": 176185856, "typical_volume": 116309249.8, "trend": 7.213819, "fair_value": 5.089175, "relative_strength": 15.630685, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 37.228908, "energy": 29.235841, "activity_lines": [ 8.057947, 8.335728, 7.980987, 7.640213 ] }, { "date": "2026-03-27", "close": 7.789676, "volume": 149951668, "typical_volume": 118475514.35, "trend": 7.259723, "fair_value": 5.117645, "relative_strength": 18.946947, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 28.347542, "energy": 31.6591, "activity_lines": [ 7.872697, 8.237158, 7.99645, 7.677365 ] }, { "date": "2026-04-03", "close": 8.258199, "volume": 101216156, "typical_volume": 118489184.9, "trend": 7.322349, "fair_value": 5.149412, "relative_strength": 21.197648, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 31.053842, "energy": 26.531538, "activity_lines": [ 7.946202, 8.213713, 8.051858, 7.741783 ] }, { "date": "2026-04-10", "close": 9.070157, "volume": 90264271, "typical_volume": 118546694.15, "trend": 7.415933, "fair_value": 5.184354, "relative_strength": 27.485634, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 60.611715, "energy": 31.272184, "activity_lines": [ 8.331802, 8.335539, 8.177986, 7.854545 ] }, { "date": "2026-04-17", "close": 9.287999, "volume": 110234429, "typical_volume": 120306075.65, "trend": 7.505997, "fair_value": 5.221707, "relative_strength": 24.107038, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 74.108385, "energy": 49.72314, "activity_lines": [ 8.718016, 8.485202, 8.313274, 7.975323 ] }, { "date": "2026-04-24", "close": 8.763197, "volume": 78169376, "typical_volume": 115730036.35, "trend": 7.581262, "fair_value": 5.255167, "relative_strength": 15.973486, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 58.674579, "energy": 56.815364, "activity_lines": [ 8.832302, 8.530907, 8.387754, 8.056433 ] }, { "date": "2026-05-01", "close": 8.531977, "volume": 72946830, "typical_volume": 114801975.35, "trend": 7.650823, "fair_value": 5.28682, "relative_strength": 11.435849, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 58.019642, "energy": 59.118941, "activity_lines": [ 8.798346, 8.538605, 8.430827, 8.11777 ] }, { "date": "2026-05-08", "close": 8.287773, "volume": 174696225, "typical_volume": 118469481.4, "trend": 7.72453, "fair_value": 5.316024, "relative_strength": 5.60133, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 52.707834, "energy": 37.714214, "activity_lines": [ 8.633501, 8.516383, 8.443183, 8.158863 ] }, { "date": "2026-05-15", "close": 7.76298, "volume": 147452386, "typical_volume": 123925493.2, "trend": 7.775649, "fair_value": 5.342217, "relative_strength": -1.370372, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 14.798285, "energy": 11.47553, "activity_lines": [ 8.291754, 8.409509, 8.398355, 8.161344 ] }, { "date": "2026-05-22", "close": 7.743177, "volume": 117433089, "typical_volume": 128065130.65, "trend": 7.821913, "fair_value": 5.368107, "relative_strength": -2.504155, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": -1.823214, "energy": 16.124709, "activity_lines": [ 8.030552, 8.303164, 8.347797, 8.159249 ] }, { "date": "2026-05-29", "close": 7.802587, "volume": 68496011, "typical_volume": 126143792.2, "trend": 7.861468, "fair_value": 5.39423, "relative_strength": -3.226936, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": -1.720265, "energy": 21.181542, "activity_lines": [ 7.89214, 8.209256, 8.299768, 8.158002 ] }, { "date": "2026-06-05", "close": 7.469114, "volume": 89019882, "typical_volume": 126445772.35, "trend": 7.88352, "fair_value": 5.417066, "relative_strength": -5.049634, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -32.130105, "energy": 43.925229, "activity_lines": [ 7.706612, 8.052773, 8.217704, 8.132689 ] }, { "date": "2026-06-12", "close": 7.914884, "volume": 143658648, "typical_volume": 127445114.65, "trend": 7.918332, "fair_value": 5.441744, "relative_strength": -0.09606, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -20.545982, "energy": 42.029723, "activity_lines": [ 7.740531, 7.983167, 8.176985, 8.134712 ] }, { "date": "2026-06-19", "close": 7.716764, "volume": 95470945, "typical_volume": 122305776.95, "trend": 7.954334, "fair_value": 5.464736, "relative_strength": -3.547924, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -30.989751, "energy": 37.112, "activity_lines": [ 7.73327, 7.883782, 8.118415, 8.121708 ] }, { "date": "2026-06-26", "close": 8.226649, "volume": 120657019, "typical_volume": 120712848.55, "trend": 7.994742, "fair_value": 5.491175, "relative_strength": 5.024363, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -19.226427, "energy": 17.39031, "activity_lines": [ 7.899051, 7.90171, 8.111768, 8.139277 ] }, { "date": "2026-07-03", "close": 8.116722, "volume": 77808281, "typical_volume": 117354218.7, "trend": 8.038892, "fair_value": 5.516448, "relative_strength": 1.251191, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -7.79187, "energy": 7.356432, "activity_lines": [ 7.995959, 7.918948, 8.097468, 8.147146 ] }, { "date": "2026-07-10", "close": 8.61652, "volume": 110781216, "typical_volume": 117968135.95, "trend": 8.093931, "fair_value": 5.545638, "relative_strength": 5.597274, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 19.914713, "energy": 18.964677, "activity_lines": [ 8.238523, 8.038813, 8.134903, 8.184413 ] }, { "date": "2026-07-17", "close": 8.196689, "volume": 96824888, "typical_volume": 116862524.65, "trend": 8.14132, "fair_value": 5.571289, "relative_strength": 1.664902, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 7.363352, "energy": 17.780763, "activity_lines": [ 8.26465, 8.080808, 8.135745, 8.191042 ] }, { "date": "2026-07-24", "close": 8.276657, "volume": 98889097, "typical_volume": 113462289.6, "trend": 8.185348, "fair_value": 5.597586, "relative_strength": 2.858296, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 8.633386, "energy": 17.589674, "activity_lines": [ 8.298646, 8.138999, 8.147455, 8.199774 ] }, { "date": "2026-07-31", "close": 8.456584, "volume": 75169207, "typical_volume": 109766274.0, "trend": 8.231031, "fair_value": 5.626449, "relative_strength": 3.54718, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 18.968243, "energy": 22.585485, "activity_lines": [ 8.355292, 8.220564, 8.174937, 8.217273 ] }, { "date": "2026-08-07", "close": 7.94, "volume": 101520642, "typical_volume": 106033013.3, "trend": 8.251547, "fair_value": 5.652446, "relative_strength": -6.1733, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -24.659445, "energy": 12.94871, "activity_lines": [ 8.224414, 8.195233, 8.150251, 8.198496 ] } ], "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." } } }