{ "ticker": { "uuid": "fed8f459-b2f8-483b-afdc-21744d9a9b80", "symbol": "FCRU", "name": "WisdomTree WTI Crude Oil Longer Dated", "exchange": "MIL", "country": "IT", "assetType": "etf" }, "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.", "analysis": { "eligible": true, "as_of": "2026-08-07", "benchmark": "FTSEMIB.MI", "stage": 2, "stage_name": "Advancing", "phase": "2b", "phase_label": "Stage 2B \u00b7 Advancing", "transition": "stage_2_healthy", "transition_label": "Stage 2 trend intact", "confidence": 79.054, "architecture_regime": "deceleration", "architecture_regime_label": "Deceleration", "architecture_modifier": "Recompressing", "architecture_gate": "up", "architecture_direction": 26.578, "architecture_energy": 24.3, "architecture_maturity": 38.124, "architecture_confidence": 51.226, "architecture_tenure": "Developing", "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": 46.06, "rotation_up": 54.06, "upward_expansion": 66.64, "deceleration": 64.78, "rotation_down": 15.46, "downward_expansion": 12.3 }, "activity_lines": [ 69.709333, 68.596909, 69.805095, 68.654129 ], "activity_state": "Compressed", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": 0.166667 }, "latest_close": 67.400002, "trend_reference": 65.082667, "distance_from_trend": 0.035606, "trend_direction": "Improving", "fair_value": 55.895833, "distance_from_fair_value": 0.205814, "fair_value_direction": "Weakening", "relative_strength": 1.160095, "relative_strength_direction": "Weakening", "price_momentum": 0.355046, "excess_performance": 0.184154, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.035606, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.131164, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.205814, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.134469, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.011601, "read": "Leading" }, { "label": "Relative strength direction", "positive": false, "value": -0.206626, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.355046, "read": "Positive" }, { "label": "Volume balance", "positive": false, "value": 0.781079, "read": "Supply-led" } ], "volume": { "latest": 3705, "relative_activity": 1.741808, "balance": 0.781079, "dry_up": 3.029947, "accumulation_observations": 1, "distribution_observations": 2 }, "risk": { "range_context": 0.05969, "annualized_volatility": 0.461501, "from_high_reference": -0.14856, "from_low_reference": 0.551208 }, "levels": { "trend_reference": 65.082667, "fair_value_reference": 55.895833, "structural_low": 48.855, "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 13, "median_return": 0.016687, "positive_rate": 0.615385, "directional_follow_through": 0.615385, "median_excess_return": 0.049924, "regime_survival": 0.461538, "best_return": 0.165647, "worst_return": -0.042301, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 7, "median_return": -0.004473, "positive_rate": 0.428571, "directional_follow_through": 0.428571, "median_excess_return": -0.004377, "regime_survival": 0.0, "best_return": 0.576973, "worst_return": -0.157067, "sufficient": true }, { "horizon": "Extended", "sample_count": 6, "median_return": -0.02774, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": -0.112421, "regime_survival": 0.166667, "best_return": 0.387442, "worst_return": -0.12712, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 4, "median_return": -0.027623, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": -0.217846, "regime_survival": 0.25, "best_return": 0.832558, "worst_return": -0.082233, "sufficient": false } ], "ledger": [ { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2024-08-02", "end": "2024-08-30", "tenure": "Developing", "return": 0.025087, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2024-09-06", "end": "2024-11-15", "tenure": "Developing", "return": 0.05185, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-11-22", "end": "2025-01-10", "tenure": "Developing", "return": 0.056041, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-01-17", "end": "2025-01-24", "tenure": "New", "return": -0.03244, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-01-31", "end": "2025-02-21", "tenure": "New", "return": -0.008584, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-02-28", "end": "2025-02-28", "tenure": "New", "return": 0.0, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-03-07", "end": "2025-04-11", "tenure": "Developing", "return": -0.126759, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-04-18", "end": "2025-07-25", "tenure": "Established", "return": 0.060334, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-08-01", "end": "2025-10-24", "tenure": "Established", "return": -0.087356, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-10-31", "end": "2025-11-21", "tenure": "New", "return": -0.0358, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-11-28", "end": "2026-01-30", "tenure": "Developing", "return": 0.072226, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2026-02-06", "end": "2026-02-27", "tenure": "New", "return": 0.046844, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-03-06", "end": "2026-06-19", "tenure": "Established", "return": 0.161236, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-06-26", "end": "2026-08-07", "tenure": "Developing", "return": 0.065613, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 54.240002, "volume": 0, "typical_volume": 220.2, "trend": 49.862167, "fair_value": 41.954333, "relative_strength": -5.301768, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 49.810222, "energy": 81.893452, "activity_lines": [ 53.751002, 51.850638, 50.18912, 49.860753 ] }, { "date": "2023-08-25", "close": 54.299999, "volume": 280, "typical_volume": 232.95, "trend": 49.915167, "fair_value": 42.171352, "relative_strength": -5.945899, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 71.755128, "energy": 89.502567, "activity_lines": [ 54.168001, 52.56691, 50.631834, 50.147065 ] }, { "date": "2023-09-01", "close": 57.18, "volume": 70, "typical_volume": 235.45, "trend": 50.157834, "fair_value": 42.41434, "relative_strength": -1.870869, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 92.758676, "energy": 96.644851, "activity_lines": [ 55.236001, 53.670819, 51.338786, 50.615764 ] }, { "date": "2023-09-08", "close": 59.5, "volume": 25, "typical_volume": 236.3, "trend": 50.3675, "fair_value": 42.679775, "relative_strength": 4.065676, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 96.802431, "energy": 98.47375, "activity_lines": [ 56.789334, 55.034637, 52.248167, 51.218484 ] }, { "date": "2023-09-15", "close": 59.240002, "volume": 3, "typical_volume": 231.55, "trend": 50.636834, "fair_value": 42.934686, "relative_strength": 1.729475, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 90.405295, "energy": 96.538418, "activity_lines": [ 57.905334, 56.120274, 53.090929, 51.790904 ] }, { "date": "2023-09-22", "close": 60.84, "volume": 14, "typical_volume": 198.85, "trend": 50.952167, "fair_value": 43.201301, "relative_strength": 6.103148, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 92.234634, "energy": 97.225609, "activity_lines": [ 59.221334, 57.270637, 54.034167, 52.449173 ] }, { "date": "2023-09-29", "close": 62.5, "volume": 1234, "typical_volume": 214.4, "trend": 51.263167, "fair_value": 43.486391, "relative_strength": 10.715187, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 94.360443, "energy": 98.001097, "activity_lines": [ 60.650667, 58.519637, 55.05831, 53.194194 ] }, { "date": "2023-10-06", "close": 56.040001, "volume": 5, "typical_volume": 180.4, "trend": 51.421167, "fair_value": 43.72175, "relative_strength": 1.712234, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 68.12881, "energy": 67.818977, "activity_lines": [ 59.380001, 58.360728, 55.396667, 53.502377 ] }, { "date": "2023-10-13", "close": 59.77, "volume": 578, "typical_volume": 174.4, "trend": 51.901667, "fair_value": 43.980724, "relative_strength": 7.52194, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 72.248399, "energy": 68.331519, "activity_lines": [ 59.428667, 58.822182, 56.050715, 54.041011 ] }, { "date": "2023-10-20", "close": 60.889999, "volume": 801, "typical_volume": 193.6, "trend": 52.401167, "fair_value": 44.248622, "relative_strength": 13.554223, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 79.07694, "energy": 68.544393, "activity_lines": [ 59.832667, 59.386727, 56.758477, 54.620904 ] }, { "date": "2023-10-27", "close": 59.07, "volume": 2073, "typical_volume": 297.0, "trend": 52.745334, "fair_value": 44.518134, "relative_strength": 10.823965, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.836876, "energy": 55.704666, "activity_lines": [ 59.52, 59.499455, 57.226453, 55.051151 ] }, { "date": "2023-11-03", "close": 59.07, "volume": 0, "typical_volume": 272.35, "trend": 52.974667, "fair_value": 44.784314, "relative_strength": 6.06234, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 53.37397, "energy": 56.924944, "activity_lines": [ 59.325333, 59.524364, 57.647715, 55.459194 ] }, { "date": "2023-11-10", "close": 55.139999, "volume": 124, "typical_volume": 267.75, "trend": 53.036334, "fair_value": 45.017006, "relative_strength": 0.021008, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 37.165661, "energy": 32.302947, "activity_lines": [ 58.049333, 58.748, 57.636357, 55.598893 ] }, { "date": "2023-11-17", "close": 53.25, "volume": 36, "typical_volume": 269.3, "trend": 53.121, "fair_value": 45.235352, "relative_strength": -6.324916, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 4.579688, "energy": 20.588245, "activity_lines": [ 56.203333, 57.665091, 57.41231, 55.612678 ] }, { "date": "2023-11-24", "close": 53.790001, "volume": 312, "typical_volume": 284.9, "trend": 53.302667, "fair_value": 45.448878, "relative_strength": -4.855746, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -8.780549, "energy": 28.955697, "activity_lines": [ 54.972, 56.794, 57.208976, 55.655839 ] }, { "date": "2023-12-01", "close": 54.389999, "volume": 1508, "typical_volume": 358.05, "trend": 53.628, "fair_value": 45.666955, "relative_strength": -4.981174, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -5.211724, "energy": 32.433385, "activity_lines": [ 54.414, 56.131091, 57.0295, 55.725989 ] }, { "date": "2023-12-08", "close": 51.759998, "volume": 36884, "typical_volume": 2202.25, "trend": 53.763834, "fair_value": 45.866025, "relative_strength": -10.706273, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -41.673005, "energy": 47.46795, "activity_lines": [ 53.291333, 55.107272, 56.577047, 55.605473 ] }, { "date": "2023-12-15", "close": 51.540001, "volume": 19542, "typical_volume": 3179.1, "trend": 53.890667, "fair_value": 46.05859, "relative_strength": -10.645072, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -38.308249, "energy": 60.160265, "activity_lines": [ 52.582666, 54.238727, 56.093667, 55.462 ] }, { "date": "2023-12-22", "close": 52.380001, "volume": 24345, "typical_volume": 4391.7, "trend": 54.015, "fair_value": 46.258686, "relative_strength": -8.670668, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -28.646072, "energy": 51.33974, "activity_lines": [ 52.394, 53.604727, 55.696571, 55.364538 ] }, { "date": "2023-12-29", "close": 51.119999, "volume": 9078, "typical_volume": 4845.6, "trend": 54.1545, "fair_value": 46.45234, "relative_strength": -10.363178, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -35.784908, "energy": 47.364299, "activity_lines": [ 51.843333, 52.876, 55.188333, 55.177764 ] }, { "date": "2024-01-05", "close": 52.459999, "volume": 69, "typical_volume": 4849.05, "trend": 54.261167, "fair_value": 46.645, "relative_strength": -8.016411, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -36.257685, "energy": 41.071787, "activity_lines": [ 51.917333, 52.568545, 54.822571, 55.068441 ] }, { "date": "2024-01-12", "close": 51.380001, "volume": 68, "typical_volume": 4838.45, "trend": 54.413167, "fair_value": 46.82641, "relative_strength": -9.695177, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -39.612998, "energy": 41.469455, "activity_lines": [ 51.76, 52.184909, 54.362428, 54.882559 ] }, { "date": "2024-01-19", "close": 52.43, "volume": 100, "typical_volume": 4839.95, "trend": 54.551667, "fair_value": 47.016795, "relative_strength": -6.955597, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -32.652865, "energy": 35.0549, "activity_lines": [ 51.978, 52.132, 54.01619, 54.754613 ] }, { "date": "2024-01-26", "close": 54.52, "volume": 270, "typical_volume": 4852.2, "trend": 54.809, "fair_value": 47.21766, "relative_strength": -3.35017, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -43.015172, "energy": 27.36653, "activity_lines": [ 52.833333, 52.508364, 53.891619, 54.75257 ] }, { "date": "2024-02-02", "close": 54.52, "volume": 0, "typical_volume": 4852.05, "trend": 55.066334, "fair_value": 47.40782, "relative_strength": -4.340845, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -36.306432, "energy": 21.793315, "activity_lines": [ 53.546, 52.861636, 53.790762, 54.733925 ] }, { "date": "2024-02-09", "close": 54.52, "volume": 0, "typical_volume": 4851.35, "trend": 55.228167, "fair_value": 47.594038, "relative_strength": -5.488293, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -29.178093, "energy": 26.273164, "activity_lines": [ 54.032, 53.201636, 53.712381, 54.698677 ] }, { "date": "2024-02-16", "close": 55.709999, "volume": 20, "typical_volume": 4790.65, "trend": 55.429667, "fair_value": 47.785064, "relative_strength": -5.091781, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -7.374822, "energy": 23.064933, "activity_lines": [ 54.777333, 53.755636, 53.777428, 54.729763 ] }, { "date": "2024-02-23", "close": 54.939999, "volume": 1, "typical_volume": 4790.45, "trend": 55.499, "fair_value": 47.963974, "relative_strength": -8.965145, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -7.230149, "energy": 22.004407, "activity_lines": [ 54.977333, 54.097818, 53.801476, 54.698172 ] }, { "date": "2024-03-01", "close": 55.459999, "volume": 2, "typical_volume": 4761.65, "trend": 55.539667, "fair_value": 48.134102, "relative_strength": -8.53741, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 0.68323, "energy": 20.590925, "activity_lines": [ 55.183333, 54.472727, 53.880285, 54.695656 ] }, { "date": "2024-03-08", "close": 55.130001, "volume": 230, "typical_volume": 4733.1, "trend": 55.569333, "fair_value": 48.300961, "relative_strength": -10.145044, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -1.489806, "energy": 25.276106, "activity_lines": [ 55.216666, 54.731636, 53.94819, 54.669226 ] }, { "date": "2024-03-15", "close": 57.5, "volume": 1100, "typical_volume": 4684.45, "trend": 55.678, "fair_value": 48.493622, "relative_strength": -7.680312, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 42.913527, "energy": 58.529614, "activity_lines": [ 55.999333, 55.348545, 54.269238, 54.793785 ] }, { "date": "2024-03-22", "close": 58.25, "volume": 10, "typical_volume": 4684.95, "trend": 55.809667, "fair_value": 48.68891, "relative_strength": -7.501787, "stage": 2, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 49.224727, "energy": 71.767323, "activity_lines": [ 56.833333, 56.010182, 54.66919, 54.95972 ] }, { "date": "2024-03-29", "close": 58.610001, "volume": 9, "typical_volume": 4679.2, "trend": 55.857333, "fair_value": 48.890288, "relative_strength": -7.910138, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 48.162201, "energy": 79.108987, "activity_lines": [ 57.618, 56.612364, 55.107333, 55.140387 ] }, { "date": "2024-04-05", "close": 61.880001, "volume": 422, "typical_volume": 4698.5, "trend": 55.936667, "fair_value": 49.114519, "relative_strength": -0.556927, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 69.903103, "energy": 89.143128, "activity_lines": [ 59.248001, 57.696728, 55.840381, 55.528946 ] }, { "date": "2024-04-12", "close": 61.32, "volume": 45, "typical_volume": 4685.15, "trend": 56.006, "fair_value": 49.325737, "relative_strength": -0.635901, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 61.139733, "energy": 86.267337, "activity_lines": [ 60.263334, 58.545455, 56.479, 55.876258 ] }, { "date": "2024-04-19", "close": 62.52, "volume": 3, "typical_volume": 4609.9, "trend": 56.062, "fair_value": 49.548365, "relative_strength": 0.820396, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 91.994625, "energy": 97.130545, "activity_lines": [ 61.266, 59.488728, 57.196048, 56.296516 ] }, { "date": "2024-04-26", "close": 60.279999, "volume": 395, "typical_volume": 2785.45, "trend": 55.988, "fair_value": 49.753045, "relative_strength": -3.697171, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 68.587729, "energy": 88.854052, "activity_lines": [ 61.187333, 59.879273, 57.661048, 56.568645 ] }, { "date": "2024-05-03", "close": 57.549999, "volume": 3799, "typical_volume": 1998.3, "trend": 56.038333, "fair_value": 49.936634, "relative_strength": -6.439007, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.789738, "energy": 65.112135, "activity_lines": [ 60.063333, 59.690364, 57.825476, 56.669419 ] }, { "date": "2024-05-10", "close": 57.549999, "volume": 0, "typical_volume": 781.05, "trend": 55.964333, "fair_value": 50.120224, "relative_strength": -9.134796, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 49.659163, "energy": 46.769801, "activity_lines": [ 59.009999, 59.454, 57.961286, 56.766946 ] }, { "date": "2024-05-17", "close": 57.950001, "volume": 168, "typical_volume": 335.55, "trend": 55.866333, "fair_value": 50.310673, "relative_strength": -10.329097, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 37.452191, "energy": 38.283079, "activity_lines": [ 58.378666, 59.252364, 58.110571, 56.895054 ] }, { "date": "2024-05-24", "close": 56.790001, "volume": 191, "typical_volume": 341.65, "trend": 55.790333, "fair_value": 50.485384, "relative_strength": -9.644394, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 23.425929, "energy": 37.597199, "activity_lines": [ 57.585334, 58.788546, 58.116857, 56.954645 ] }, { "date": "2024-05-31", "close": 58.720001, "volume": 12, "typical_volume": 338.85, "trend": 55.778667, "fair_value": 50.666186, "relative_strength": -6.545272, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 28.358181, "energy": 30.17357, "activity_lines": [ 57.817334, 58.688546, 58.286333, 57.143656 ] }, { "date": "2024-06-07", "close": 54.419998, "volume": 10, "typical_volume": 334.35, "trend": 55.754667, "fair_value": 50.81609, "relative_strength": -13.586584, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -16.846931, "energy": 26.665108, "activity_lines": [ 56.72, 57.798182, 58.011333, 57.056 ] }, { "date": "2024-06-14", "close": 57.619999, "volume": 40, "typical_volume": 322.85, "trend": 55.900333, "fair_value": 50.979359, "relative_strength": -3.003078, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 7.715951, "energy": 19.335799, "activity_lines": [ 56.898, 57.565818, 58.031619, 57.176344 ] }, { "date": "2024-06-21", "close": 57.619999, "volume": 0, "typical_volume": 322.85, "trend": 56.028, "fair_value": 51.137756, "relative_strength": -4.833845, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 9.321531, "energy": 14.729469, "activity_lines": [ 57.071333, 57.410909, 58.037143, 57.28729 ] }, { "date": "2024-06-28", "close": 60.619999, "volume": 74, "typical_volume": 326.55, "trend": 56.235666, "fair_value": 51.310737, "relative_strength": 0.407773, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 49.94889, "energy": 21.004856, "activity_lines": [ 58.266666, 57.868727, 58.313619, 57.583548 ] }, { "date": "2024-07-05", "close": 60.619999, "volume": 0, "typical_volume": 325.55, "trend": 56.531, "fair_value": 51.491346, "relative_strength": -2.15811, "stage": 3, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 59.110905, "energy": 42.720089, "activity_lines": [ 59.206666, 58.36109, 58.561047, 57.866408 ] }, { "date": "2024-07-12", "close": 60.619999, "volume": 0, "typical_volume": 325.5, "trend": 56.833666, "fair_value": 51.669263, "relative_strength": -3.85647, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 64.862311, "energy": 67.209059, "activity_lines": [ 60.019999, 58.847272, 58.785095, 58.130215 ] }, { "date": "2024-07-19", "close": 59.259998, "volume": 35, "typical_volume": 327.15, "trend": 57.063, "fair_value": 51.843878, "relative_strength": -5.021597, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 57.654512, "energy": 62.095224, "activity_lines": [ 59.966665, 59.030363, 58.852571, 58.286752 ] }, { "date": "2024-07-26", "close": 57.290001, "volume": 110, "typical_volume": 321.15, "trend": 57.268666, "fair_value": 51.997436, "relative_strength": -6.986239, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 36.00792, "energy": 33.691197, "activity_lines": [ 59.147333, 58.824181, 58.714333, 58.301397 ] }, { "date": "2024-08-02", "close": 54.610001, "volume": 65, "typical_volume": 269.4, "trend": 57.340333, "fair_value": 52.142756, "relative_strength": -6.182406, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "up", "direction": -14.677171, "energy": 17.539057, "activity_lines": [ 57.456667, 58.142727, 58.310571, 58.129871 ] }, { "date": "2024-08-09", "close": 56.380001, "volume": 40, "typical_volume": 270.9, "trend": 57.507, "fair_value": 52.297436, "relative_strength": -2.270122, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -20.74761, "energy": 29.869982, "activity_lines": [ 56.756667, 57.822727, 58.089143, 58.067914 ] }, { "date": "2024-08-16", "close": 56.580002, "volume": 423, "typical_volume": 291.6, "trend": 57.645333, "fair_value": 52.468237, "relative_strength": -5.41874, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -28.364316, "energy": 35.649843, "activity_lines": [ 56.406001, 57.581637, 57.895667, 58.008107 ] }, { "date": "2024-08-23", "close": 54.099998, "volume": 30, "typical_volume": 272.0, "trend": 57.631333, "fair_value": 52.607884, "relative_strength": -10.90087, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -48.278308, "energy": 63.097093, "activity_lines": [ 55.498, 56.850364, 57.475666, 57.779376 ] }, { "date": "2024-08-30", "close": 55.98, "volume": 1000, "typical_volume": 319.75, "trend": 57.68, "fair_value": 52.755, "relative_strength": -9.389255, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -58.66202, "energy": 61.063727, "activity_lines": [ 55.560667, 56.524909, 57.271762, 57.672839 ] }, { "date": "2024-09-06", "close": 51.880001, "volume": 763, "typical_volume": 357.75, "trend": 57.592, "fair_value": 52.878013, "relative_strength": -12.783965, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -84.546632, "energy": 79.121703, "activity_lines": [ 54.344, 55.483818, 56.702809, 57.298645 ] }, { "date": "2024-09-13", "close": 51.869999, "volume": 1950, "typical_volume": 435.5, "trend": 57.464, "fair_value": 52.994038, "relative_strength": -13.047779, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -80.736815, "energy": 85.778483, "activity_lines": [ 53.306, 54.599818, 56.183571, 56.929484 ] }, { "date": "2024-09-20", "close": 52.639999, "volume": 617, "typical_volume": 276.4, "trend": 57.387333, "fair_value": 53.107852, "relative_strength": -11.719595, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.770358, "energy": 79.162458, "activity_lines": [ 52.825333, 54.014909, 55.777714, 56.618258 ] }, { "date": "2024-09-27", "close": 50.84, "volume": 5038, "typical_volume": 528.3, "trend": 57.233333, "fair_value": 53.204102, "relative_strength": -16.426021, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -80.477529, "energy": 89.412261, "activity_lines": [ 52.007333, 53.247818, 55.223809, 56.195849 ] }, { "date": "2024-10-04", "close": 55.630001, "volume": 1847, "typical_volume": 612.25, "trend": 57.25, "fair_value": 53.316442, "relative_strength": -5.093591, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.062669, "energy": 48.861814, "activity_lines": [ 53.003333, 53.504727, 55.158048, 56.092408 ] }, { "date": "2024-10-11", "close": 57.150002, "volume": 390, "typical_volume": 622.2, "trend": 57.238333, "fair_value": 53.437051, "relative_strength": -4.052674, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -31.185829, "energy": 21.199159, "activity_lines": [ 54.529334, 54.068182, 55.248095, 56.085957 ] }, { "date": "2024-10-18", "close": 53.959999, "volume": 630, "typical_volume": 653.1, "trend": 57.095333, "fair_value": 53.535192, "relative_strength": -11.031066, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -38.058749, "energy": 20.510794, "activity_lines": [ 54.640667, 54.005455, 55.032619, 55.874452 ] }, { "date": "2024-10-25", "close": 55.57, "volume": 10, "typical_volume": 653.1, "trend": 56.994, "fair_value": 53.641923, "relative_strength": -6.658282, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -29.499225, "energy": 25.406534, "activity_lines": [ 55.149334, 54.279455, 54.993143, 55.776043 ] }, { "date": "2024-11-01", "close": 53.68, "volume": 2548, "typical_volume": 778.5, "trend": 56.720667, "fair_value": 53.740224, "relative_strength": -9.049878, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -36.67609, "energy": 21.960126, "activity_lines": [ 54.832667, 54.228182, 54.768191, 55.562237 ] }, { "date": "2024-11-08", "close": 55.029999, "volume": 100, "typical_volume": 783.5, "trend": 56.511, "fair_value": 53.846666, "relative_strength": -4.061243, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -32.360401, "energy": 16.501035, "activity_lines": [ 54.776666, 54.43, 54.690571, 55.453161 ] }, { "date": "2024-11-15", "close": 54.57, "volume": 960, "typical_volume": 827.8, "trend": 56.246, "fair_value": 53.956474, "relative_strength": -5.682884, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -31.563791, "energy": 15.049576, "activity_lines": [ 54.607333, 54.565454, 54.581476, 55.327935 ] }, { "date": "2024-11-22", "close": 57.279999, "volume": 131, "typical_volume": 834.35, "trend": 56.146, "fair_value": 54.100545, "relative_strength": 1.196244, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -1.056213, "energy": 4.911595, "activity_lines": [ 55.513333, 55.144727, 54.759286, 55.394645 ] }, { "date": "2024-11-29", "close": 55.34, "volume": 9, "typical_volume": 834.8, "trend": 56.072333, "fair_value": 54.233141, "relative_strength": -1.816938, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -13.287044, "energy": 11.942043, "activity_lines": [ 55.551333, 55.272909, 54.768238, 55.342645 ] }, { "date": "2024-12-06", "close": 54.009998, "volume": 443, "typical_volume": 855.2, "trend": 55.954333, "fair_value": 54.357211, "relative_strength": -7.701964, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -23.504156, "energy": 12.995879, "activity_lines": [ 55.161332, 55.110181, 54.675666, 55.209591 ] }, { "date": "2024-12-13", "close": 56.77, "volume": 183, "typical_volume": 858.85, "trend": 55.915, "fair_value": 54.489455, "relative_strength": -3.294932, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 1.254628, "energy": 12.505571, "activity_lines": [ 55.669333, 55.391636, 54.870952, 55.262215 ] }, { "date": "2024-12-20", "close": 56.259998, "volume": 620, "typical_volume": 886.6, "trend": 55.897333, "fair_value": 54.611442, "relative_strength": -0.908934, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -5.530589, "energy": 11.811696, "activity_lines": [ 55.891332, 55.559636, 55.020142, 55.284473 ] }, { "date": "2024-12-27", "close": 56.259998, "volume": 0, "typical_volume": 884.6, "trend": 55.815333, "fair_value": 54.723461, "relative_strength": -2.012877, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 14.470787, "energy": 17.16707, "activity_lines": [ 56.000665, 55.743817, 55.161476, 55.307871 ] }, { "date": "2025-01-03", "close": 56.259998, "volume": 0, "typical_volume": 863.45, "trend": 55.876666, "fair_value": 54.826346, "relative_strength": -1.834075, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 17.38269, "energy": 32.493468, "activity_lines": [ 56.177998, 55.886181, 55.30338, 55.336559 ] }, { "date": "2025-01-10", "close": 60.490002, "volume": 260, "typical_volume": 874.95, "trend": 55.972333, "fair_value": 54.951859, "relative_strength": 2.60886, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 57.828073, "energy": 64.48381, "activity_lines": [ 57.703999, 56.78509, 55.849666, 55.634193 ] }, { "date": "2025-01-17", "close": 61.959999, "volume": 1422, "typical_volume": 896.05, "trend": 56.117, "fair_value": 55.074647, "relative_strength": 1.715281, "stage": 2, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 65.475989, "energy": 80.615484, "activity_lines": [ 59.287999, 57.827454, 56.505523, 56.020494 ] }, { "date": "2025-01-24", "close": 59.950001, "volume": 597, "typical_volume": 887.75, "trend": 56.094666, "fair_value": 55.176602, "relative_strength": -1.245493, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 69.400117, "energy": 84.333207, "activity_lines": [ 59.856, 58.378363, 56.941476, 56.267785 ] }, { "date": "2025-01-31", "close": 59.41, "volume": 1349, "typical_volume": 857.7, "trend": 56.054333, "fair_value": 55.28, "relative_strength": -2.699359, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.558782, "energy": 86.584946, "activity_lines": [ 59.998, 58.733272, 57.287571, 56.481677 ] }, { "date": "2025-02-07", "close": 58.439999, "volume": 1646, "typical_volume": 909.15, "trend": 55.981666, "fair_value": 55.367788, "relative_strength": -5.609026, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.668587, "energy": 78.520301, "activity_lines": [ 59.606667, 58.87309, 57.50538, 56.635591 ] }, { "date": "2025-02-14", "close": 58.900002, "volume": 593, "typical_volume": 686.9, "trend": 55.969667, "fair_value": 55.460128, "relative_strength": -6.956361, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 58.565191, "energy": 45.744191, "activity_lines": [ 59.223334, 59.040182, 57.739381, 56.823871 ] }, { "date": "2025-02-21", "close": 58.900002, "volume": 0, "typical_volume": 594.55, "trend": 56.023333, "fair_value": 55.547211, "relative_strength": -7.872865, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 45.454563, "energy": 35.690503, "activity_lines": [ 58.946001, 59.118364, 57.935, 57.012925 ] }, { "date": "2025-02-28", "close": 56.599998, "volume": 22, "typical_volume": 576.15, "trend": 56.089666, "fair_value": 55.559711, "relative_strength": -11.782257, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 27.605439, "energy": 23.105976, "activity_lines": [ 58.106, 58.739637, 57.896, 57.050129 ] }, { "date": "2025-03-07", "close": 53.290001, "volume": 74, "typical_volume": 548.35, "trend": 55.986666, "fair_value": 55.553493, "relative_strength": -16.547183, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "up", "direction": -11.157735, "energy": 26.016596, "activity_lines": [ 56.386, 57.752909, 57.544381, 56.869505 ] }, { "date": "2025-03-14", "close": 53.150002, "volume": 1709, "typical_volume": 633.3, "trend": 55.872333, "fair_value": 55.554455, "relative_strength": -16.5905, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -46.780303, "energy": 50.642197, "activity_lines": [ 55.027334, 56.794728, 57.182619, 56.686495 ] }, { "date": "2025-03-21", "close": 53.52, "volume": 188, "typical_volume": 515.3, "trend": 55.853, "fair_value": 55.527981, "relative_strength": -16.513053, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -38.83002, "energy": 67.414288, "activity_lines": [ 54.144667, 55.960364, 56.867619, 56.534731 ] }, { "date": "2025-03-28", "close": 55.23, "volume": 1918, "typical_volume": 606.2, "trend": 55.828, "fair_value": 55.535801, "relative_strength": -12.918996, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -28.392798, "energy": 58.552603, "activity_lines": [ 54.190667, 55.563637, 56.716238, 56.494538 ] }, { "date": "2025-04-04", "close": 49.040001, "volume": 130, "typical_volume": 564.7, "trend": 55.733333, "fair_value": 55.50907, "relative_strength": -13.139414, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -63.23249, "energy": 75.723671, "activity_lines": [ 52.418001, 54.163819, 55.974381, 56.056602 ] }, { "date": "2025-04-11", "close": 46.535, "volume": 572, "typical_volume": 586.75, "trend": 55.5555, "fair_value": 55.43609, "relative_strength": -15.625413, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -93.020499, "energy": 93.351917, "activity_lines": [ 50.314334, 52.50691, 55.020286, 55.463161 ] }, { "date": "2025-04-18", "close": 46.740002, "volume": 2154, "typical_volume": 694.0, "trend": 55.358833, "fair_value": 55.370256, "relative_strength": -19.330724, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -86.228467, "energy": 93.377982, "activity_lines": [ 48.729334, 51.121364, 54.136881, 54.89442 ] }, { "date": "2025-04-25", "close": 47.049999, "volume": 4098, "typical_volume": 876.75, "trend": 55.2325, "fair_value": 55.293077, "relative_strength": -21.299953, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -75.143479, "energy": 90.855962, "activity_lines": [ 47.675, 50.00491, 53.323953, 54.358366 ] }, { "date": "2025-05-02", "close": 44.939999, "volume": 265, "typical_volume": 880.85, "trend": 54.876167, "fair_value": 55.182884, "relative_strength": -26.274112, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -82.081211, "energy": 93.197233, "activity_lines": [ 46.348667, 48.720273, 52.343215, 53.694333 ] }, { "date": "2025-05-09", "close": 47.099998, "volume": 2499, "typical_volume": 974.8, "trend": 54.541166, "fair_value": 55.086795, "relative_strength": -24.350983, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.849567, "energy": 84.74322, "activity_lines": [ 46.428332, 48.082182, 51.624524, 53.192645 ] }, { "date": "2025-05-16", "close": 48.985001, "volume": 90, "typical_volume": 979.3, "trend": 54.375333, "fair_value": 55.010673, "relative_strength": -23.409527, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.21412, "energy": 63.913537, "activity_lines": [ 47.265666, 47.959545, 51.128976, 52.834183 ] }, { "date": "2025-05-23", "close": 47.325001, "volume": 2808, "typical_volume": 1119.7, "trend": 54.1005, "fair_value": 54.912308, "relative_strength": -23.371922, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.003827, "energy": 57.661259, "activity_lines": [ 47.386333, 47.613364, 50.509976, 52.379323 ] }, { "date": "2025-05-30", "close": 47.709999, "volume": 415, "typical_volume": 1127.45, "trend": 53.9015, "fair_value": 54.806795, "relative_strength": -23.445887, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -50.116697, "energy": 46.261259, "activity_lines": [ 47.596333, 47.443091, 49.970191, 51.967032 ] }, { "date": "2025-06-06", "close": 48.639999, "volume": 2276, "typical_volume": 1170.15, "trend": 53.6885, "fair_value": 54.684743, "relative_strength": -22.587233, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -46.758058, "energy": 41.445709, "activity_lines": [ 48.072333, 47.547545, 49.579833, 51.627581 ] }, { "date": "2025-06-13", "close": 51.82, "volume": 4292, "typical_volume": 1354.9, "trend": 53.596833, "fair_value": 54.608333, "relative_strength": -14.616564, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -34.357058, "energy": 24.36281, "activity_lines": [ 49.361666, 48.35, 49.555762, 51.507032 ] }, { "date": "2025-06-20", "close": 55.57, "volume": 5572, "typical_volume": 1566.05, "trend": 53.539833, "fair_value": 54.568846, "relative_strength": -7.590359, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": 3.607491, "energy": 19.059088, "activity_lines": [ 51.586333, 49.783727, 49.927548, 51.634333 ] }, { "date": "2025-06-27", "close": 48.195, "volume": 9934, "typical_volume": 1980.45, "trend": 53.301667, "fair_value": 54.47984, "relative_strength": -20.269132, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -24.134232, "energy": 22.994902, "activity_lines": [ 50.913666, 49.712272, 49.615238, 51.289505 ] }, { "date": "2025-07-04", "close": 48.485001, "volume": 1639, "typical_volume": 2032.75, "trend": 53.1175, "fair_value": 54.400449, "relative_strength": -18.972859, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -22.784746, "energy": 22.561654, "activity_lines": [ 50.279667, 49.667091, 49.379333, 50.978753 ] }, { "date": "2025-07-11", "close": 50.099998, "volume": 40, "typical_volume": 2034.75, "trend": 52.895167, "fair_value": 54.348974, "relative_strength": -16.693023, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -16.371136, "energy": 15.156416, "activity_lines": [ 50.132333, 49.889454, 49.346833, 50.784075 ] }, { "date": "2025-07-18", "close": 49.084999, "volume": 2500, "typical_volume": 2158.65, "trend": 52.656, "fair_value": 54.284199, "relative_strength": -18.316151, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -36.776456, "energy": 28.288898, "activity_lines": [ 49.549333, 49.833454, 49.259571, 50.538258 ] }, { "date": "2025-07-25", "close": 49.560001, "volume": 10, "typical_volume": 2155.45, "trend": 52.432667, "fair_value": 54.212981, "relative_strength": -17.858118, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -35.34586, "energy": 24.605953, "activity_lines": [ 49.307, 49.827727, 49.253333, 50.338516 ] }, { "date": "2025-08-01", "close": 52.830002, "volume": 598, "typical_volume": 2099.9, "trend": 52.318334, "fair_value": 54.183301, "relative_strength": -10.2759, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 1.83769, "energy": 5.678716, "activity_lines": [ 50.555334, 50.406091, 49.576286, 50.364151 ] }, { "date": "2025-08-08", "close": 49.105, "volume": 1405, "typical_volume": 2160.75, "trend": 51.938833, "fair_value": 54.119231, "relative_strength": -19.345074, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -22.109519, "energy": 10.125971, "activity_lines": [ 50.253, 50.207091, 49.546, 50.156839 ] }, { "date": "2025-08-15", "close": 48.540001, "volume": 14, "typical_volume": 2065.55, "trend": 51.4915, "fair_value": 54.046474, "relative_strength": -21.606262, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -37.961334, "energy": 15.331185, "activity_lines": [ 49.721001, 49.88, 49.482929, 49.937559 ] }, { "date": "2025-08-22", "close": 49.205002, "volume": 4, "typical_volume": 2059.25, "trend": 51.133334, "fair_value": 53.971635, "relative_strength": -21.24388, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -34.757326, "energy": 13.842231, "activity_lines": [ 49.514668, 49.675637, 49.515048, 49.790043 ] }, { "date": "2025-08-29", "close": 49.404999, "volume": 718, "typical_volume": 2066.55, "trend": 50.799834, "fair_value": 53.914231, "relative_strength": -18.337779, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -43.69902, "energy": 24.447431, "activity_lines": [ 49.367001, 49.555182, 49.565429, 49.678538 ] }, { "date": "2025-09-05", "close": 47.619999, "volume": 7046, "typical_volume": 2311.15, "trend": 50.439167, "fair_value": 53.856667, "relative_strength": -19.730277, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -56.933813, "energy": 34.059365, "activity_lines": [ 48.634667, 49.222273, 49.432143, 49.473387 ] }, { "date": "2025-09-12", "close": 49.314999, "volume": 5098, "typical_volume": 2361.15, "trend": 50.119667, "fair_value": 53.809968, "relative_strength": -18.318014, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -38.55603, "energy": 26.107315, "activity_lines": [ 48.814666, 49.208, 49.456095, 49.40086 ] }, { "date": "2025-09-19", "close": 48.919998, "volume": 2258, "typical_volume": 2460.8, "trend": 49.787, "fair_value": 53.774711, "relative_strength": -18.038041, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -37.492789, "energy": 29.051994, "activity_lines": [ 48.848999, 49.106818, 49.431643, 49.323462 ] }, { "date": "2025-09-26", "close": 51.130001, "volume": 9812, "typical_volume": 2826.45, "trend": 49.604667, "fair_value": 53.755673, "relative_strength": -14.698028, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -1.176126, "energy": 1.951532, "activity_lines": [ 49.594666, 49.428909, 49.598714, 49.410107 ] }, { "date": "2025-10-03", "close": 47.625, "volume": 7460, "typical_volume": 3194.95, "trend": 49.415833, "fair_value": 53.667949, "relative_strength": -21.070276, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -46.700839, "energy": 18.216845, "activity_lines": [ 49.043666, 49.076545, 49.412786, 49.282387 ] }, { "date": "2025-10-10", "close": 46.634998, "volume": 3420, "typical_volume": 3225.55, "trend": 49.198667, "fair_value": 53.595929, "relative_strength": -19.871904, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -56.54749, "energy": 37.410976, "activity_lines": [ 48.281333, 48.579363, 49.139047, 49.102978 ] }, { "date": "2025-10-17", "close": 45.290001, "volume": 3391, "typical_volume": 3374.35, "trend": 48.924333, "fair_value": 53.516955, "relative_strength": -21.151455, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -72.836579, "energy": 62.738274, "activity_lines": [ 47.136333, 47.950272, 48.7405, 48.850806 ] }, { "date": "2025-10-24", "close": 48.215, "volume": 11025, "typical_volume": 3811.8, "trend": 48.6905, "fair_value": 53.462756, "relative_strength": -16.961738, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -27.365879, "energy": 48.75963, "activity_lines": [ 47.234667, 47.922363, 48.632047, 48.805043 ] }, { "date": "2025-10-31", "close": 47.904999, "volume": 2418, "typical_volume": 3718.1, "trend": 48.652667, "fair_value": 53.37625, "relative_strength": -18.306278, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -26.969196, "energy": 46.968811, "activity_lines": [ 47.276666, 47.844, 48.496095, 48.754365 ] }, { "date": "2025-11-07", "close": 47.494999, "volume": 18668, "typical_volume": 4372.9, "trend": 48.684667, "fair_value": 53.310769, "relative_strength": -17.915338, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -53.704043, "energy": 46.687011, "activity_lines": [ 47.396999, 47.714727, 48.339738, 48.679677 ] }, { "date": "2025-11-14", "close": 47.57, "volume": 9287, "typical_volume": 4340.55, "trend": 48.712333, "fair_value": 53.272885, "relative_strength": -19.20511, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -47.020028, "energy": 23.93448, "activity_lines": [ 47.551, 47.633818, 48.228976, 48.607763 ] }, { "date": "2025-11-21", "close": 46.189999, "volume": 26659, "typical_volume": 5591.55, "trend": 48.683666, "fair_value": 53.228141, "relative_strength": -18.361682, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -61.474755, "energy": 33.642644, "activity_lines": [ 47.182666, 47.302909, 47.989762, 48.445032 ] }, { "date": "2025-11-28", "close": 47.005001, "volume": 13824, "typical_volume": 6280.75, "trend": 48.7525, "fair_value": 53.174968, "relative_strength": -17.569228, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -50.330171, "energy": 30.726599, "activity_lines": [ 47.026, 47.177, 47.839095, 48.336731 ] }, { "date": "2025-12-05", "close": 47.279999, "volume": 23044, "typical_volume": 7307.95, "trend": 48.7585, "fair_value": 53.163686, "relative_strength": -16.664631, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -50.250506, "energy": 31.201494, "activity_lines": [ 47.041666, 47.135909, 47.729357, 48.241731 ] }, { "date": "2025-12-12", "close": 44.98, "volume": 17844, "typical_volume": 8199.65, "trend": 48.625, "fair_value": 53.134904, "relative_strength": -20.168678, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -70.935934, "energy": 57.355842, "activity_lines": [ 46.332333, 46.746636, 47.409166, 47.997957 ] }, { "date": "2025-12-19", "close": 44.580002, "volume": 26118, "typical_volume": 9475.65, "trend": 48.5335, "fair_value": 53.081186, "relative_strength": -22.304395, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -70.817648, "energy": 62.361756, "activity_lines": [ 45.657334, 46.332727, 47.07269, 47.736989 ] }, { "date": "2025-12-26", "close": 45.32, "volume": 618, "typical_volume": 9436.3, "trend": 48.453833, "fair_value": 53.032211, "relative_strength": -19.990067, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.677742, "energy": 64.471426, "activity_lines": [ 45.428334, 46.090727, 46.845976, 47.529667 ] }, { "date": "2026-01-02", "close": 44.555, "volume": 5359, "typical_volume": 9703.55, "trend": 48.317667, "fair_value": 52.994038, "relative_strength": -21.881719, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -71.087552, "energy": 76.415275, "activity_lines": [ 45.002334, 45.709091, 46.564428, 47.278129 ] }, { "date": "2026-01-09", "close": 47.115002, "volume": 19642, "typical_volume": 10685.45, "trend": 48.160833, "fair_value": 52.963237, "relative_strength": -17.137705, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -58.105208, "energy": 48.03002, "activity_lines": [ 45.593001, 45.859455, 46.545667, 47.200538 ] }, { "date": "2026-01-16", "close": 47.59, "volume": 25961, "typical_volume": 11947.6, "trend": 47.894833, "fair_value": 52.926186, "relative_strength": -15.5766, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -32.66343, "energy": 20.264968, "activity_lines": [ 46.353001, 46.110546, 46.582095, 47.16371 ] }, { "date": "2026-01-23", "close": 47.790001, "volume": 37277, "typical_volume": 13459.15, "trend": 47.881333, "fair_value": 52.894647, "relative_strength": -12.585392, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -17.31746, "energy": 17.499699, "activity_lines": [ 47.005667, 46.396273, 46.646215, 47.156946 ] }, { "date": "2026-01-30", "close": 50.400002, "volume": 69585, "typical_volume": 16683.5, "trend": 47.945167, "fair_value": 52.897853, "relative_strength": -8.465314, "stage": 1, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "mixed", "direction": 40.612102, "energy": 40.929547, "activity_lines": [ 48.314335, 47.152546, 46.958096, 47.319441 ] }, { "date": "2026-02-06", "close": 49.740002, "volume": 9039, "typical_volume": 17022.55, "trend": 47.933167, "fair_value": 52.875609, "relative_strength": -9.645048, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 32.545573, "energy": 45.87053, "activity_lines": [ 49.064335, 47.712274, 47.201953, 47.435237 ] }, { "date": "2026-02-13", "close": 49.18, "volume": 2058, "typical_volume": 16634.85, "trend": 47.936334, "fair_value": 52.862917, "relative_strength": -9.102969, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 25.508732, "energy": 54.385946, "activity_lines": [ 49.282001, 48.120456, 47.388572, 47.515678 ] }, { "date": "2026-02-20", "close": 51.709999, "volume": 7415, "typical_volume": 16632.6, "trend": 48.008, "fair_value": 52.865032, "relative_strength": -5.931325, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 55.937719, "energy": 72.241516, "activity_lines": [ 50.205334, 48.954092, 47.825429, 47.75914 ] }, { "date": "2026-02-27", "close": 52.07, "volume": 9527, "typical_volume": 16937.95, "trend": 47.982667, "fair_value": 52.857981, "relative_strength": -6.204221, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 79.335859, "energy": 81.940316, "activity_lines": [ 50.974, 49.730819, 48.277119, 48.021205 ] }, { "date": "2026-03-06", "close": 58.919998, "volume": 13619, "typical_volume": 17449.35, "trend": 48.309833, "fair_value": 52.906827, "relative_strength": 13.57201, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 95.899397, "energy": 95.946117, "activity_lines": [ 53.740666, 51.616818, 49.35531, 48.726839 ] }, { "date": "2026-03-13", "close": 71.040001, "volume": 5413, "typical_volume": 17168.75, "trend": 49.059833, "fair_value": 53.071474, "relative_strength": 35.917039, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 98.243027, "energy": 99.024192, "activity_lines": [ 59.979333, 55.459182, 51.522881, 50.193301 ] }, { "date": "2026-03-20", "close": 71.970001, "volume": 8081, "typical_volume": 17451.9, "trend": 49.818667, "fair_value": 53.238558, "relative_strength": 41.726579, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 96.664132, "energy": 98.752181, "activity_lines": [ 65.108, 58.989091, 53.670334, 51.671377 ] }, { "date": "2026-03-27", "close": 71.959999, "volume": 4005, "typical_volume": 16718.75, "trend": 50.5705, "fair_value": 53.387372, "relative_strength": 39.42196, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 87.509757, "energy": 95.558717, "activity_lines": [ 68.714, 62.065273, 55.702238, 53.09985 ] }, { "date": "2026-04-03", "close": 65.879997, "volume": 1680, "typical_volume": 16338.4, "trend": 51.179167, "fair_value": 53.475128, "relative_strength": 21.302429, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 68.518797, "energy": 88.49608, "activity_lines": [ 68.943332, 63.592908, 57.038595, 54.087559 ] }, { "date": "2026-04-10", "close": 67.559998, "volume": 334, "typical_volume": 15022.15, "trend": 51.787333, "fair_value": 53.566603, "relative_strength": 19.112716, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.820115, "energy": 67.50464, "activity_lines": [ 68.811999, 65.09709, 58.447762, 55.144387 ] }, { "date": "2026-04-17", "close": 63.970001, "volume": 5725, "typical_volume": 14617.2, "trend": 52.289, "fair_value": 53.651603, "relative_strength": 9.857746, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 63.440128, "energy": 62.122238, "activity_lines": [ 66.907999, 65.636545, 59.413262, 55.930366 ] }, { "date": "2026-04-24", "close": 71.099998, "volume": 399, "typical_volume": 13484.95, "trend": 52.954667, "fair_value": 53.7975, "relative_strength": 24.742803, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 74.808432, "energy": 59.794807, "activity_lines": [ 67.851999, 67.213635, 60.977023, 57.143978 ] }, { "date": "2026-05-01", "close": 75.150002, "volume": 1957, "typical_volume": 12690.6, "trend": 53.872167, "fair_value": 53.993141, "relative_strength": 29.434511, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 80.673903, "energy": 64.715043, "activity_lines": [ 70.204, 69.128545, 62.813071, 58.575935 ] }, { "date": "2026-05-08", "close": 72.580002, "volume": 447, "typical_volume": 11407.05, "trend": 54.737, "fair_value": 54.152724, "relative_strength": 21.822683, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.419838, "energy": 58.453885, "activity_lines": [ 71.486667, 70.15, 64.26069, 59.782893 ] }, { "date": "2026-05-15", "close": 76.029999, "volume": 23, "typical_volume": 11377.3, "trend": 55.761667, "fair_value": 54.334103, "relative_strength": 27.370176, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 74.139095, "energy": 63.962088, "activity_lines": [ 73.472667, 71.425818, 65.903548, 61.156634 ] }, { "date": "2026-05-22", "close": 77.139999, "volume": 62, "typical_volume": 11112.45, "trend": 56.725833, "fair_value": 54.516731, "relative_strength": 27.474227, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 73.14489, "energy": 66.764771, "activity_lines": [ 75.264, 72.592363, 67.505881, 62.535882 ] }, { "date": "2026-05-29", "close": 72.209999, "volume": 392, "typical_volume": 10149.95, "trend": 57.536, "fair_value": 54.67875, "relative_strength": 17.604884, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.751689, "energy": 54.640617, "activity_lines": [ 74.534, 72.751636, 68.483523, 63.53486 ] }, { "date": "2026-06-05", "close": 74.830002, "volume": 0, "typical_volume": 8851.9, "trend": 58.447167, "fair_value": 54.84266, "relative_strength": 21.648262, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.122872, "energy": 53.442242, "activity_lines": [ 74.603334, 73.382909, 69.59119, 64.650602 ] }, { "date": "2026-06-12", "close": 71.949997, "volume": 2, "typical_volume": 6988.15, "trend": 59.259833, "fair_value": 55.00375, "relative_strength": 13.176199, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 60.119358, "energy": 47.991035, "activity_lines": [ 73.733999, 73.438363, 70.294857, 65.521752 ] }, { "date": "2026-06-19", "close": 68.419998, "volume": 50, "typical_volume": 3511.4, "trend": 60.000833, "fair_value": 55.132885, "relative_strength": 5.069744, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 43.373491, "energy": 30.410892, "activity_lines": [ 71.729999, 72.741636, 70.547285, 66.112731 ] }, { "date": "2026-06-26", "close": 63.25, "volume": 1550, "typical_volume": 3136.95, "trend": 60.542333, "fair_value": 55.238333, "relative_strength": 0.098609, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 17.733493, "energy": 19.070821, "activity_lines": [ 68.509999, 71.089272, 70.221523, 66.322355 ] }, { "date": "2026-07-03", "close": 62.830002, "volume": 0, "typical_volume": 3034.05, "trend": 61.060667, "fair_value": 55.34109, "relative_strength": -3.440087, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -7.681326, "energy": 24.892018, "activity_lines": [ 66.076, 69.373636, 69.791428, 66.469946 ] }, { "date": "2026-07-10", "close": 65.639999, "volume": 136, "typical_volume": 2670.1, "trend": 61.749333, "fair_value": 55.443494, "relative_strength": 1.275422, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 3.146958, "energy": 26.70064, "activity_lines": [ 65.204, 68.319272, 69.563952, 66.765387 ] }, { "date": "2026-07-17", "close": 70.220001, "volume": 625, "typical_volume": 2225.0, "trend": 62.604, "fair_value": 55.575256, "relative_strength": 9.637979, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 8.420859, "energy": 22.936683, "activity_lines": [ 66.471334, 68.270545, 69.706333, 67.311882 ] }, { "date": "2026-07-24", "close": 73.239998, "volume": 11431, "typical_volume": 2115.6, "trend": 63.534667, "fair_value": 55.705897, "relative_strength": 14.179569, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 41.848638, "energy": 19.547411, "activity_lines": [ 68.860666, 68.813818, 70.049904, 67.998075 ] }, { "date": "2026-07-31", "close": 70.709999, "volume": 10019, "typical_volume": 2345.9, "trend": 64.4065, "fair_value": 55.811474, "relative_strength": 9.395982, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 37.771877, "energy": 26.628709, "activity_lines": [ 70.085333, 68.947818, 70.084333, 68.461 ] }, { "date": "2026-08-07", "close": 67.400002, "volume": 3705, "typical_volume": 2127.1, "trend": 65.082667, "fair_value": 55.895833, "relative_strength": 1.160095, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 26.577759, "energy": 24.299598, "activity_lines": [ 69.709333, 68.596909, 69.805095, 68.654129 ] } ], "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." } } }