{ "ticker": { "uuid": "003ecc4d-ffe5-47b4-87fa-16bbbd783c0a", "symbol": "8068", "name": "Chander Electronics Corp.", "exchange": "TWO", "country": "TW", "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": "2026-08-14", "benchmark": "^TWII", "stage": 4, "stage_name": "Declining", "phase": "4b", "phase_label": "Stage 4B \u00b7 Declining", "transition": "stage_4_declining", "transition_label": "Stage 4 decline intact", "confidence": 96.0, "architecture_regime": "downward_expansion", "architecture_regime_label": "Downward Expansion", "architecture_modifier": "Early contraction", "architecture_gate": "down", "architecture_direction": -63.918, "architecture_energy": 54.131, "architecture_maturity": 33.447, "architecture_confidence": 96, "architecture_tenure": "Developing", "architecture": { "interpretation": { "headline": "The weekly architecture is expanding downward.", "body": "Trend and Activity show sustained negative alignment with weak price acceptance. Repair requires persistent improvement across the structure, not merely one strong observation." }, "scores": { "balance": 6.28, "rotation_up": 21.98, "upward_expansion": 9.25, "deceleration": 45.9, "rotation_down": 59.23, "downward_expansion": 84.92 }, "activity_lines": [ 17.716667, 18.052727, 19.057857, 19.943333 ], "activity_state": "Wide", "activity_direction": "Expanding", "rotation_direction": "Improving", "price_acceptance": -0.833333 }, "latest_close": 17.6, "trend_reference": 21.236667, "distance_from_trend": -0.171245, "trend_direction": "Weakening", "fair_value": 27.58109, "distance_from_fair_value": -0.361882, "fair_value_direction": "Weakening", "relative_strength": -41.489501, "relative_strength_direction": "Weakening", "price_momentum": -0.210762, "excess_performance": -0.652134, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.171245, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.038267, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.361882, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -0.100968, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.414895, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.077182, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.210762, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.265108, "read": "Supply-led" } ], "volume": { "latest": 883505, "relative_activity": 0.502458, "balance": 0.265108, "dry_up": 0.566388, "accumulation_observations": 0, "distribution_observations": 3 }, "risk": { "range_context": 0.095498, "annualized_volatility": 0.384738, "from_high_reference": -0.404399, "from_low_reference": 0.121019 }, "levels": { "trend_reference": 21.236667, "fair_value_reference": 27.58109, "structural_low": 15.7, "invalidation": "Reclaiming a flat-to-rising Trend with improving relative strength is required before the declining diagnosis is repaired." }, "outcomes": [ { "horizon": "Near term", "sample_count": 28, "median_return": -0.012914, "positive_rate": 0.464286, "directional_follow_through": 0.535714, "median_excess_return": -0.029019, "regime_survival": 0.785714, "best_return": 0.248139, "worst_return": -0.268116, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 12, "median_return": -0.000802, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": -0.079282, "regime_survival": 0.5, "best_return": 0.303419, "worst_return": -0.190214, "sufficient": true }, { "horizon": "Extended", "sample_count": 7, "median_return": 0.017073, "positive_rate": 0.571429, "directional_follow_through": 0.428571, "median_excess_return": -0.203216, "regime_survival": 0.428571, "best_return": 0.487805, "worst_return": -0.356358, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 4, "median_return": 0.327467, "positive_rate": 0.75, "directional_follow_through": 0.25, "median_excess_return": 0.000794, "regime_survival": 0.25, "best_return": 0.545113, "worst_return": -0.424965, "sufficient": false } ], "ledger": [ { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2024-03-22", "end": "2024-03-29", "tenure": "New", "return": 0.06, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2024-04-05", "end": "2024-06-21", "tenure": "Developing", "return": 0.021038, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-06-28", "end": "2024-08-02", "tenure": "Developing", "return": -0.096491, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2024-08-09", "end": "2025-08-29", "tenure": "Extended", "return": -0.190311, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-09-05", "end": "2025-09-26", "tenure": "New", "return": -0.088889, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-10-03", "end": "2025-11-07", "tenure": "Developing", "return": -0.108173, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-11-14", "end": "2025-11-21", "tenure": "New", "return": -0.085492, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-11-28", "end": "2025-12-19", "tenure": "New", "return": 0.104683, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-12-26", "end": "2025-12-26", "tenure": "New", "return": 0.0, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-01-02", "end": "2026-02-06", "tenure": "Developing", "return": -0.204991, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-02-13", "end": "2026-05-15", "tenure": "Established", "return": -0.102564, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-05-22", "end": "2026-05-29", "tenure": "New", "return": -0.043478, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2026-06-05", "end": "2026-06-19", "tenure": "New", "return": -0.04, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-06-26", "end": "2026-08-14", "tenure": "Developing", "return": -0.038251, "active": true } ], "chart_path": [ { "date": "2023-08-11", "close": 27.700001, "volume": 590000, "typical_volume": 1076000.0, "trend": 27.32, "fair_value": 26.665163, "relative_strength": -4.034599, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 8.403763, "energy": 6.954214, "activity_lines": [ 28.23, 28.427273, 28.666905, 28.162688 ] }, { "date": "2023-08-18", "close": 27.4, "volume": 342000, "typical_volume": 1072050.0, "trend": 27.391667, "fair_value": 26.675646, "relative_strength": -3.451806, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 3.94304, "energy": 6.255928, "activity_lines": [ 27.973334, 28.212727, 28.55, 28.16785 ] }, { "date": "2023-08-25", "close": 27.799999, "volume": 483000, "typical_volume": 1080800.0, "trend": 27.485, "fair_value": 26.684939, "relative_strength": -2.490115, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 7.740404, "energy": 7.448995, "activity_lines": [ 27.89, 28.088182, 28.465952, 28.194194 ] }, { "date": "2023-09-01", "close": 29.1, "volume": 620000, "typical_volume": 1059650.0, "trend": 27.595, "fair_value": 26.689115, "relative_strength": 1.140741, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 28.583763, "energy": 13.47647, "activity_lines": [ 28.246667, 28.22, 28.501429, 28.298387 ] }, { "date": "2023-09-08", "close": 36.450001, "volume": 17988000, "typical_volume": 1758050.0, "trend": 27.99, "fair_value": 26.75198, "relative_strength": 26.841591, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 77.91054, "energy": 63.9086, "activity_lines": [ 30.97, 29.694546, 29.229286, 28.869678 ] }, { "date": "2023-09-15", "close": 42.700001, "volume": 27819000, "typical_volume": 3117600.0, "trend": 28.61, "fair_value": 26.849278, "relative_strength": 44.506737, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 85.49839, "energy": 83.530626, "activity_lines": [ 35.306667, 32.187273, 30.516905, 29.81871 ] }, { "date": "2023-09-22", "close": 45.599998, "volume": 23471000, "typical_volume": 4157700.0, "trend": 29.316667, "fair_value": 26.964854, "relative_strength": 58.157731, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 88.378716, "energy": 93.638312, "activity_lines": [ 39.61, 34.945454, 32.019524, 30.914839 ] }, { "date": "2023-09-29", "close": 41.099998, "volume": 10836000, "typical_volume": 4636750.0, "trend": 29.871667, "fair_value": 27.053773, "relative_strength": 41.498884, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.129992, "energy": 86.874045, "activity_lines": [ 41.199999, 36.565454, 33.027619, 31.675054 ] }, { "date": "2023-10-06", "close": 36.700001, "volume": 6817000, "typical_volume": 4955000.0, "trend": 30.271667, "fair_value": 27.08696, "relative_strength": 24.450106, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.590281, "energy": 82.07329, "activity_lines": [ 40.436666, 37.145454, 33.561905, 32.115591 ] }, { "date": "2023-10-13", "close": 37.599998, "volume": 6113000, "typical_volume": 5243350.0, "trend": 30.721667, "fair_value": 27.140306, "relative_strength": 24.922312, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 61.5782, "energy": 53.231603, "activity_lines": [ 39.466666, 37.728181, 34.142143, 32.588387 ] }, { "date": "2023-10-20", "close": 31.75, "volume": 6386000, "typical_volume": 5532800.0, "trend": 30.958333, "fair_value": 27.156464, "relative_strength": 7.508154, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 35.72613, "energy": 24.080031, "activity_lines": [ 36.469999, 37.098181, 34.123333, 32.654731 ] }, { "date": "2023-10-27", "close": 34.150002, "volume": 6489000, "typical_volume": 5839700.0, "trend": 31.22, "fair_value": 27.188633, "relative_strength": 17.413575, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 31.748717, "energy": 22.264955, "activity_lines": [ 35.003334, 36.830909, 34.318571, 32.860645 ] }, { "date": "2023-11-03", "close": 37.549999, "volume": 17215000, "typical_volume": 6684500.0, "trend": 31.575, "fair_value": 27.262303, "relative_strength": 25.522028, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 33.975764, "energy": 21.49117, "activity_lines": [ 35.433333, 37.059091, 34.81, 33.269032 ] }, { "date": "2023-11-10", "close": 33.299999, "volume": 6539000, "typical_volume": 6994650.0, "trend": 31.768333, "fair_value": 27.293089, "relative_strength": 10.102261, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 26.668304, "energy": 19.769917, "activity_lines": [ 34.683333, 36.337272, 34.855476, 33.380322 ] }, { "date": "2023-11-17", "close": 34.0, "volume": 4298000, "typical_volume": 7109700.0, "trend": 31.935, "fair_value": 27.327424, "relative_strength": 8.742084, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 26.953437, "energy": 14.920614, "activity_lines": [ 34.393333, 35.666363, 34.949285, 33.524301 ] }, { "date": "2023-11-24", "close": 37.25, "volume": 17023000, "typical_volume": 7920150.0, "trend": 32.181667, "fair_value": 27.380715, "relative_strength": 17.996949, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 36.453118, "energy": 16.703183, "activity_lines": [ 35.426666, 35.630909, 35.333333, 33.867204 ] }, { "date": "2023-12-01", "close": 38.0, "volume": 14741000, "typical_volume": 8629350.0, "trend": 32.39, "fair_value": 27.443194, "relative_strength": 18.670964, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 48.790141, "energy": 21.847759, "activity_lines": [ 36.343333, 35.830909, 35.74619, 34.242581 ] }, { "date": "2023-12-08", "close": 39.450001, "volume": 8296000, "typical_volume": 9020100.0, "trend": 32.718333, "fair_value": 27.514654, "relative_strength": 22.847657, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 55.703375, "energy": 30.714574, "activity_lines": [ 37.486667, 36.432727, 36.249524, 34.698064 ] }, { "date": "2023-12-15", "close": 41.0, "volume": 34976000, "typical_volume": 10752450.0, "trend": 33.14, "fair_value": 27.589795, "relative_strength": 24.766497, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 61.43067, "energy": 53.037743, "activity_lines": [ 39.02, 37.346364, 36.845476, 35.232366 ] }, { "date": "2023-12-22", "close": 43.200001, "volume": 28817000, "typical_volume": 11992950.0, "trend": 33.62, "fair_value": 27.682166, "relative_strength": 31.117233, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 68.437813, "energy": 63.995677, "activity_lines": [ 40.773334, 38.581818, 37.588333, 35.881398 ] }, { "date": "2023-12-29", "close": 39.700001, "volume": 9240000, "typical_volume": 12425450.0, "trend": 33.986667, "fair_value": 27.758982, "relative_strength": 17.702424, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 57.956855, "energy": 58.233229, "activity_lines": [ 40.746667, 39.079091, 37.932143, 36.273656 ] }, { "date": "2024-01-05", "close": 44.5, "volume": 13830000, "typical_volume": 13099850.0, "trend": 34.525, "fair_value": 27.853431, "relative_strength": 33.981399, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 69.992539, "energy": 64.791886, "activity_lines": [ 42.156667, 40.304546, 38.675953, 36.951936 ] }, { "date": "2024-01-12", "close": 39.549999, "volume": 8370000, "typical_volume": 13494200.0, "trend": 34.88, "fair_value": 27.925532, "relative_strength": 18.48443, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 55.826648, "energy": 42.701863, "activity_lines": [ 41.483333, 40.441818, 38.866905, 37.276129 ] }, { "date": "2024-01-19", "close": 39.799999, "volume": 4348050, "typical_volume": 13680602.5, "trend": 35.225, "fair_value": 28.005492, "relative_strength": 17.446912, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 51.46739, "energy": 31.500162, "activity_lines": [ 40.886666, 40.588182, 39.025714, 37.593548 ] }, { "date": "2024-01-26", "close": 38.049999, "volume": 9620000, "typical_volume": 13262202.5, "trend": 35.495, "fair_value": 28.08049, "relative_strength": 9.841297, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 37.320941, "energy": 21.633706, "activity_lines": [ 39.786666, 40.298182, 38.966905, 37.775806 ] }, { "date": "2024-02-02", "close": 37.75, "volume": 3219000, "typical_volume": 12032202.5, "trend": 35.81, "fair_value": 28.156693, "relative_strength": 8.11201, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 27.998173, "energy": 17.45932, "activity_lines": [ 38.929999, 39.88, 38.871905, 37.92129 ] }, { "date": "2024-02-09", "close": 37.450001, "volume": 707000, "typical_volume": 10894002.5, "trend": 36.125, "fair_value": 28.249116, "relative_strength": 6.518189, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 20.858551, "energy": 16.458582, "activity_lines": [ 38.103333, 39.398182, 38.771905, 38.027097 ] }, { "date": "2024-02-16", "close": 39.0, "volume": 1542000, "typical_volume": 10429302.5, "trend": 36.495, "fair_value": 28.353351, "relative_strength": 7.30685, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 22.253689, "energy": 15.877696, "activity_lines": [ 38.263333, 39.208182, 38.858333, 38.212581 ] }, { "date": "2024-02-23", "close": 37.900002, "volume": 3677000, "typical_volume": 10272302.5, "trend": 36.83, "fair_value": 28.450535, "relative_strength": 2.288073, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 9.826531, "energy": 10.258874, "activity_lines": [ 38.093334, 38.826364, 38.85, 38.303226 ] }, { "date": "2024-03-01", "close": 37.099998, "volume": 2647000, "typical_volume": 10099002.5, "trend": 37.086667, "fair_value": 28.538211, "relative_strength": -0.501345, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 4.076303, "energy": 8.216861, "activity_lines": [ 37.783333, 38.355454, 38.759762, 38.320645 ] }, { "date": "2024-03-08", "close": 36.150002, "volume": 3108000, "typical_volume": 9935102.5, "trend": 37.368333, "fair_value": 28.603845, "relative_strength": -7.424876, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -19.536424, "energy": 16.145715, "activity_lines": [ 37.220001, 37.822728, 38.581429, 38.260215 ] }, { "date": "2024-03-15", "close": 33.799999, "volume": 1646000, "typical_volume": 9692952.5, "trend": 37.581667, "fair_value": 28.663173, "relative_strength": -13.124221, "stage": 4, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -33.518959, "energy": 42.074869, "activity_lines": [ 35.98, 36.927273, 38.158333, 38.03 ] }, { "date": "2024-03-22", "close": 35.0, "volume": 495000, "typical_volume": 8856952.5, "trend": 37.821667, "fair_value": 28.735511, "relative_strength": -12.621904, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -35.0475, "energy": 51.1849, "activity_lines": [ 35.383333, 36.444546, 37.851191, 37.863441 ] }, { "date": "2024-03-29", "close": 37.099998, "volume": 3050000, "typical_volume": 8682502.5, "trend": 38.088333, "fair_value": 28.82006, "relative_strength": -7.83329, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -57.486985, "energy": 53.627144, "activity_lines": [ 35.753333, 36.426363, 37.75619, 37.816882 ] }, { "date": "2024-04-05", "close": 35.650002, "volume": 1466000, "typical_volume": 8540902.5, "trend": 38.061667, "fair_value": 28.895313, "relative_strength": -11.669897, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -57.947268, "energy": 51.858176, "activity_lines": [ 35.693333, 36.193636, 37.505, 37.65957 ] }, { "date": "2024-04-12", "close": 36.5, "volume": 2089000, "typical_volume": 7794202.5, "trend": 37.855, "fair_value": 28.981333, "relative_strength": -11.332893, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -52.704389, "energy": 29.93622, "activity_lines": [ 36.013333, 36.159091, 37.326905, 37.558817 ] }, { "date": "2024-04-19", "close": 32.900002, "volume": 1932000, "typical_volume": 7153752.5, "trend": 37.431667, "fair_value": 29.043338, "relative_strength": -14.984896, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -73.615704, "energy": 43.031486, "activity_lines": [ 35.110001, 35.492728, 36.809524, 37.23914 ] }, { "date": "2024-04-26", "close": 32.349998, "volume": 914000, "typical_volume": 6784652.5, "trend": 37.14, "fair_value": 29.106821, "relative_strength": -18.628106, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -77.307514, "energy": 70.792804, "activity_lines": [ 34.083333, 34.809091, 36.264048, 36.91129 ] }, { "date": "2024-05-03", "close": 34.400002, "volume": 3808000, "typical_volume": 5226252.5, "trend": 37.063333, "fair_value": 29.183759, "relative_strength": -14.08043, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -58.14786, "energy": 58.811717, "activity_lines": [ 33.916667, 34.619091, 35.947619, 36.734516 ] }, { "date": "2024-05-10", "close": 33.599998, "volume": 844000, "typical_volume": 3827602.5, "trend": 36.93, "fair_value": 29.256507, "relative_strength": -17.381041, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.633099, "energy": 62.81264, "activity_lines": [ 33.663333, 34.347273, 35.586429, 36.511075 ] }, { "date": "2024-05-17", "close": 34.900002, "volume": 2556000, "typical_volume": 3493402.5, "trend": 37.035, "fair_value": 29.334147, "relative_strength": -16.312219, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -55.270596, "energy": 41.771999, "activity_lines": [ 33.98, 34.375455, 35.394762, 36.380108 ] }, { "date": "2024-05-24", "close": 33.849998, "volume": 1001000, "typical_volume": 2851952.5, "trend": 37.025, "fair_value": 29.420384, "relative_strength": -19.847363, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -55.212264, "energy": 33.216234, "activity_lines": [ 34.053333, 34.235454, 35.125952, 36.174624 ] }, { "date": "2024-05-31", "close": 36.049999, "volume": 2478000, "typical_volume": 2557352.5, "trend": 36.975, "fair_value": 29.526353, "relative_strength": -13.048197, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -37.961061, "energy": 20.469539, "activity_lines": [ 34.796666, 34.494545, 35.117381, 36.11172 ] }, { "date": "2024-06-07", "close": 35.200001, "volume": 1298000, "typical_volume": 2404850.0, "trend": 37.038333, "fair_value": 29.61405, "relative_strength": -17.700398, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -33.631283, "energy": 17.848277, "activity_lines": [ 35.01, 34.58, 35.044524, 35.997204 ] }, { "date": "2024-06-14", "close": 36.150002, "volume": 2276000, "typical_volume": 2037650.0, "trend": 37.11, "fair_value": 29.718783, "relative_strength": -17.854005, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -26.953074, "energy": 16.556592, "activity_lines": [ 35.486667, 34.872728, 35.084048, 35.939893 ] }, { "date": "2024-06-21", "close": 36.400002, "volume": 2170000, "typical_volume": 1985200.0, "trend": 37.081667, "fair_value": 29.827622, "relative_strength": -19.833406, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -8.572306, "energy": 12.536719, "activity_lines": [ 35.876668, 35.201819, 35.156429, 35.894086 ] }, { "date": "2024-06-28", "close": 34.200001, "volume": 1546000, "typical_volume": 2027150.0, "trend": 36.955, "fair_value": 29.922359, "relative_strength": -23.740891, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -25.070679, "energy": 13.381267, "activity_lines": [ 35.433335, 35.132728, 35.025715, 35.708172 ] }, { "date": "2024-07-05", "close": 35.099998, "volume": 1569000, "typical_volume": 2028500.0, "trend": 36.81, "fair_value": 30.004096, "relative_strength": -23.318486, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -16.469814, "energy": 9.062274, "activity_lines": [ 35.266667, 35.203637, 34.996191, 35.588495 ] }, { "date": "2024-07-12", "close": 38.099998, "volume": 19161000, "typical_volume": 2802700.0, "trend": 36.713333, "fair_value": 30.111946, "relative_strength": -17.996642, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 4.626162, "energy": 8.30687, "activity_lines": [ 36.163333, 35.77, 35.270952, 35.67172 ] }, { "date": "2024-07-19", "close": 35.0, "volume": 3364000, "typical_volume": 2838550.0, "trend": 36.44, "fair_value": 30.203052, "relative_strength": -21.133664, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -16.20569, "energy": 8.105681, "activity_lines": [ 35.833333, 35.705454, 35.249524, 35.561183 ] }, { "date": "2024-07-26", "close": 32.0, "volume": 1320000, "typical_volume": 2749150.0, "trend": 36.183333, "fair_value": 30.279932, "relative_strength": -25.327356, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -50.39494, "energy": 23.444014, "activity_lines": [ 34.579999, 35.07, 34.952381, 35.274731 ] }, { "date": "2024-08-02", "close": 30.9, "volume": 1650000, "typical_volume": 2749350.0, "trend": 35.73, "fair_value": 30.338187, "relative_strength": -26.057988, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -69.157715, "energy": 53.654805, "activity_lines": [ 33.253333, 34.287273, 34.570238, 34.933871 ] }, { "date": "2024-08-09", "close": 28.9, "volume": 2055000, "typical_volume": 2827350.0, "trend": 35.375, "fair_value": 30.400826, "relative_strength": -30.074709, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -76.357956, "energy": 72.24292, "activity_lines": [ 31.48, 33.194545, 34.011429, 34.493226 ] }, { "date": "2024-08-16", "close": 30.1, "volume": 1138000, "typical_volume": 2731750.0, "trend": 35.051667, "fair_value": 30.468655, "relative_strength": -29.811466, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.445512, "energy": 73.684035, "activity_lines": [ 30.52, 32.45, 33.595952, 34.152903 ] }, { "date": "2024-08-23", "close": 29.25, "volume": 820000, "typical_volume": 2699450.0, "trend": 34.758333, "fair_value": 30.531973, "relative_strength": -30.950999, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -69.910782, "energy": 76.289264, "activity_lines": [ 29.81, 31.643636, 33.132857, 33.778602 ] }, { "date": "2024-08-30", "close": 30.4, "volume": 1092000, "typical_volume": 2649600.0, "trend": 34.513333, "fair_value": 30.600786, "relative_strength": -28.314629, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.13874, "energy": 68.919417, "activity_lines": [ 29.866667, 31.171818, 32.809762, 33.497419 ] }, { "date": "2024-09-06", "close": 29.700001, "volume": 1734000, "typical_volume": 2639700.0, "trend": 34.255, "fair_value": 30.668553, "relative_strength": -26.641421, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.729183, "energy": 50.59579, "activity_lines": [ 29.796667, 30.681818, 32.449048, 33.186882 ] }, { "date": "2024-09-13", "close": 30.0, "volume": 3303000, "typical_volume": 2759150.0, "trend": 33.955, "fair_value": 30.736992, "relative_strength": -26.144475, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -57.804384, "energy": 40.86077, "activity_lines": [ 29.906667, 30.328182, 32.132143, 32.912366 ] }, { "date": "2024-09-20", "close": 29.299999, "volume": 552000, "typical_volume": 2596350.0, "trend": 33.668333, "fair_value": 30.802821, "relative_strength": -28.081691, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.024042, "energy": 39.429704, "activity_lines": [ 29.71, 29.94, 31.759762, 32.612043 ] }, { "date": "2024-09-27", "close": 29.700001, "volume": 1122000, "typical_volume": 2610250.0, "trend": 33.421667, "fair_value": 30.8709, "relative_strength": -28.310056, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -54.772099, "energy": 36.483522, "activity_lines": [ 29.7, 29.784546, 31.449762, 32.356022 ] }, { "date": "2024-10-04", "close": 31.85, "volume": 7900000, "typical_volume": 2877450.0, "trend": 33.278333, "fair_value": 30.954326, "relative_strength": -20.660746, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -39.664775, "energy": 24.363892, "activity_lines": [ 30.376667, 30.116364, 31.363095, 32.254624 ] }, { "date": "2024-10-11", "close": 29.9, "volume": 1996000, "typical_volume": 2927200.0, "trend": 33.148333, "fair_value": 31.027129, "relative_strength": -26.734358, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -42.309389, "energy": 25.077936, "activity_lines": [ 30.306667, 30.096364, 31.105238, 32.036667 ] }, { "date": "2024-10-18", "close": 28.9, "volume": 1105000, "typical_volume": 2858550.0, "trend": 32.945, "fair_value": 31.086327, "relative_strength": -30.424277, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -58.322705, "energy": 30.815619, "activity_lines": [ 29.89, 29.912727, 30.770952, 31.762581 ] }, { "date": "2024-10-25", "close": 31.950001, "volume": 2043000, "typical_volume": 2895800.0, "trend": 32.773333, "fair_value": 31.144744, "relative_strength": -21.989521, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -32.39575, "energy": 15.724097, "activity_lines": [ 30.563334, 30.283637, 30.761191, 31.698387 ] }, { "date": "2024-11-01", "close": 30.4, "volume": 1549000, "typical_volume": 2859450.0, "trend": 32.598333, "fair_value": 31.178836, "relative_strength": -23.129763, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -33.554776, "energy": 18.174638, "activity_lines": [ 30.543334, 30.339091, 30.619286, 31.545269 ] }, { "date": "2024-11-08", "close": 29.700001, "volume": 734000, "typical_volume": 2787650.0, "trend": 32.371667, "fair_value": 31.193427, "relative_strength": -26.770708, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -49.923375, "energy": 24.960703, "activity_lines": [ 30.243334, 30.246364, 30.438095, 31.35828 ] }, { "date": "2024-11-15", "close": 29.299999, "volume": 983000, "typical_volume": 2759500.0, "trend": 32.251667, "fair_value": 31.223909, "relative_strength": -24.60158, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -52.108448, "energy": 25.057134, "activity_lines": [ 29.953333, 30.093636, 30.250714, 31.160108 ] }, { "date": "2024-11-22", "close": 29.15, "volume": 523144, "typical_volume": 2707207.2, "trend": 32.145, "fair_value": 31.226529, "relative_strength": -24.769825, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -53.953503, "energy": 33.434555, "activity_lines": [ 29.653333, 29.920909, 30.072381, 30.96 ] }, { "date": "2024-11-29", "close": 29.0, "volume": 1531000, "typical_volume": 1825707.2, "trend": 31.965, "fair_value": 31.242576, "relative_strength": -22.224343, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -53.330338, "energy": 41.556592, "activity_lines": [ 29.286667, 29.736364, 29.908095, 30.757097 ] }, { "date": "2024-12-06", "close": 28.9, "volume": 579000, "typical_volume": 1686457.2, "trend": 31.808333, "fair_value": 31.264551, "relative_strength": -24.718487, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -56.175175, "energy": 45.229118, "activity_lines": [ 29.083333, 29.539091, 29.777619, 30.559355 ] }, { "date": "2024-12-13", "close": 28.6, "volume": 965000, "typical_volume": 1668707.2, "trend": 31.598333, "fair_value": 31.286479, "relative_strength": -23.989252, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -59.077568, "energy": 45.269911, "activity_lines": [ 28.88, 29.301818, 29.647619, 30.352366 ] }, { "date": "2024-12-20", "close": 27.049999, "volume": 622000, "typical_volume": 1617307.2, "trend": 31.371667, "fair_value": 31.222148, "relative_strength": -25.378786, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -70.672764, "energy": 55.770072, "activity_lines": [ 28.233333, 28.841818, 29.38619, 30.058925 ] }, { "date": "2024-12-27", "close": 28.200001, "volume": 1693000, "typical_volume": 1599207.2, "trend": 31.11, "fair_value": 31.157682, "relative_strength": -23.853007, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -56.53696, "energy": 45.187108, "activity_lines": [ 28.12, 28.642727, 29.252619, 29.854301 ] }, { "date": "2025-01-03", "close": 27.450001, "volume": 671000, "typical_volume": 1575857.2, "trend": 30.851667, "fair_value": 31.03836, "relative_strength": -23.447984, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.809335, "energy": 51.927933, "activity_lines": [ 27.82, 28.32, 29.050953, 29.618172 ] }, { "date": "2025-01-10", "close": 26.25, "volume": 701000, "typical_volume": 1569907.2, "trend": 30.521667, "fair_value": 30.955138, "relative_strength": -26.109375, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -70.894111, "energy": 60.984149, "activity_lines": [ 27.223334, 27.860909, 28.747619, 29.32129 ] }, { "date": "2025-01-17", "close": 25.700001, "volume": 561000, "typical_volume": 1543357.2, "trend": 30.165, "fair_value": 30.900296, "relative_strength": -27.046646, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -71.572586, "energy": 63.129232, "activity_lines": [ 26.620001, 27.377273, 28.406191, 29.010215 ] }, { "date": "2025-01-24", "close": 25.950001, "volume": 411000, "typical_volume": 1477207.2, "trend": 29.89, "fair_value": 30.875834, "relative_strength": -26.580133, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.706228, "energy": 70.146236, "activity_lines": [ 26.293334, 27.011819, 28.110953, 28.73828 ] }, { "date": "2025-02-07", "close": 25.5, "volume": 555939, "typical_volume": 1339854.15, "trend": 29.57, "fair_value": 30.851616, "relative_strength": -26.767181, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -69.46889, "energy": 73.17539, "activity_lines": [ 25.890001, 26.625455, 27.790715, 28.455054 ] }, { "date": "2025-02-14", "close": 25.4, "volume": 458256, "typical_volume": 1335166.95, "trend": 29.146667, "fair_value": 30.845524, "relative_strength": -25.083685, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -68.469187, "energy": 70.525019, "activity_lines": [ 25.633334, 26.287273, 27.482381, 28.186022 ] }, { "date": "2025-02-21", "close": 26.75, "volume": 640355, "typical_volume": 1311084.7, "trend": 28.871667, "fair_value": 30.813678, "relative_strength": -22.030576, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.146889, "energy": 47.882432, "activity_lines": [ 25.963334, 26.26, 27.321191, 28.031398 ] }, { "date": "2025-02-28", "close": 26.049999, "volume": 320061, "typical_volume": 932087.75, "trend": 28.673333, "fair_value": 30.743563, "relative_strength": -20.918943, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -57.982653, "energy": 41.587589, "activity_lines": [ 26.026666, 26.144546, 27.107381, 27.849355 ] }, { "date": "2025-03-07", "close": 26.15, "volume": 477075, "typical_volume": 856141.5, "trend": 28.515, "fair_value": 30.699113, "relative_strength": -18.054387, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -45.310685, "energy": 32.682407, "activity_lines": [ 26.1, 26.093636, 26.930714, 27.686559 ] }, { "date": "2025-03-14", "close": 26.4, "volume": 838513, "typical_volume": 842817.15, "trend": 28.431667, "fair_value": 30.642189, "relative_strength": -14.251682, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -40.342159, "energy": 25.299224, "activity_lines": [ 26.243333, 26.104545, 26.795714, 27.550108 ] }, { "date": "2025-03-21", "close": 27.75, "volume": 3592997, "typical_volume": 920317.0, "trend": 28.353333, "fair_value": 30.615815, "relative_strength": -10.269141, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -29.344828, "energy": 16.12821, "activity_lines": [ 26.776667, 26.393636, 26.801191, 27.506129 ] }, { "date": "2025-03-28", "close": 27.6, "volume": 3754407, "typical_volume": 1030587.35, "trend": 28.298333, "fair_value": 30.5963, "relative_strength": -7.672663, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -23.27591, "energy": 15.27812, "activity_lines": [ 27.103333, 26.65, 26.812381, 27.457527 ] }, { "date": "2025-04-04", "close": 25.15, "volume": 1332430, "typical_volume": 1060508.85, "trend": 28.123333, "fair_value": 30.562956, "relative_strength": -13.890348, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -44.217942, "energy": 19.351307, "activity_lines": [ 26.556667, 26.436364, 26.603571, 27.254409 ] }, { "date": "2025-04-11", "close": 20.5, "volume": 2348350, "typical_volume": 1128776.35, "trend": 27.816667, "fair_value": 30.501368, "relative_strength": -22.689237, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -77.745818, "energy": 54.037755, "activity_lines": [ 24.52, 25.387273, 25.973571, 26.762581 ] }, { "date": "2025-04-18", "close": 20.549999, "volume": 2079022, "typical_volume": 1206570.25, "trend": 27.501667, "fair_value": 30.443855, "relative_strength": -21.184183, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -79.323248, "energy": 80.492057, "activity_lines": [ 22.876666, 24.446363, 25.390238, 26.293763 ] }, { "date": "2025-04-25", "close": 20.200001, "volume": 721147, "typical_volume": 1166077.6, "trend": 27.198333, "fair_value": 30.374401, "relative_strength": -23.658948, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -75.43492, "energy": 85.925293, "activity_lines": [ 21.506667, 23.531818, 24.814524, 25.822688 ] }, { "date": "2025-05-02", "close": 22.1, "volume": 1886678, "typical_volume": 1231461.5, "trend": 26.945, "fair_value": 30.328388, "relative_strength": -19.521213, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.677452, "energy": 80.426855, "activity_lines": [ 21.273333, 23.057273, 24.461667, 25.493764 ] }, { "date": "2025-05-09", "close": 22.0, "volume": 1104176, "typical_volume": 1238420.3, "trend": 26.616667, "fair_value": 30.290492, "relative_strength": -19.624306, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.665001, "energy": 73.981578, "activity_lines": [ 21.373333, 22.649091, 24.131667, 25.174731 ] }, { "date": "2025-05-16", "close": 21.700001, "volume": 1021013, "typical_volume": 1258370.95, "trend": 26.343333, "fair_value": 30.253488, "relative_strength": -23.382536, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -60.046736, "energy": 49.664063, "activity_lines": [ 21.583334, 22.26, 23.804524, 24.857527 ] }, { "date": "2025-05-23", "close": 21.200001, "volume": 597015, "typical_volume": 1203571.7, "trend": 26.086667, "fair_value": 30.227042, "relative_strength": -23.736613, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.269334, "energy": 44.818561, "activity_lines": [ 21.546667, 21.860909, 23.455238, 24.525699 ] }, { "date": "2025-05-30", "close": 20.85, "volume": 441182, "typical_volume": 1192080.8, "trend": 25.716667, "fair_value": 30.196163, "relative_strength": -23.242537, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.335085, "energy": 44.116661, "activity_lines": [ 21.35, 21.492728, 23.105953, 24.18785 ] }, { "date": "2025-06-06", "close": 19.950001, "volume": 710150, "typical_volume": 1192538.3, "trend": 25.368334, "fair_value": 30.104775, "relative_strength": -26.753173, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.660509, "energy": 47.840045, "activity_lines": [ 20.810001, 21.086364, 22.702381, 23.815807 ] }, { "date": "2025-06-13", "close": 19.65, "volume": 333302, "typical_volume": 1181153.4, "trend": 25.033333, "fair_value": 29.988003, "relative_strength": -28.413777, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.591202, "energy": 51.065987, "activity_lines": [ 20.313334, 20.764546, 22.300238, 23.446882 ] }, { "date": "2025-06-20", "close": 18.200001, "volume": 740082, "typical_volume": 1197607.5, "trend": 24.663334, "fair_value": 29.86225, "relative_strength": -32.803053, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -76.150655, "energy": 67.935737, "activity_lines": [ 19.490001, 20.279091, 21.78881, 23.006022 ] }, { "date": "2025-06-27", "close": 19.1, "volume": 590293, "typical_volume": 1199325.2, "trend": 24.328334, "fair_value": 29.761033, "relative_strength": -30.364685, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.263657, "energy": 68.230341, "activity_lines": [ 19.2, 19.999091, 21.4, 22.647097 ] }, { "date": "2025-07-04", "close": 19.0, "volume": 1201552, "typical_volume": 1236490.0, "trend": 23.995, "fair_value": 29.695148, "relative_strength": -29.916634, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.966303, "energy": 64.467773, "activity_lines": [ 19.016667, 19.727273, 21.032143, 22.303334 ] }, { "date": "2025-07-11", "close": 18.950001, "volume": 383252, "typical_volume": 1223634.85, "trend": 23.663334, "fair_value": 29.653028, "relative_strength": -29.990599, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.578667, "energy": 70.464375, "activity_lines": [ 18.94, 19.468182, 20.69, 21.97785 ] }, { "date": "2025-07-18", "close": 19.35, "volume": 1645656, "typical_volume": 1289914.6, "trend": 23.355, "fair_value": 29.600022, "relative_strength": -29.573894, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.108116, "energy": 51.66642, "activity_lines": [ 19.063334, 19.339091, 20.423096, 21.69957 ] }, { "date": "2025-07-25", "close": 18.450001, "volume": 423654, "typical_volume": 1287243.55, "trend": 23.068334, "fair_value": 29.53718, "relative_strength": -31.970864, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.196264, "energy": 51.401988, "activity_lines": [ 18.906667, 19.094546, 20.102381, 21.383119 ] }, { "date": "2025-08-01", "close": 18.799999, "volume": 334432, "typical_volume": 1262039.5, "trend": 22.755, "fair_value": 29.46891, "relative_strength": -30.141528, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.117798, "energy": 48.639844, "activity_lines": [ 18.85, 18.972727, 19.851667, 21.107742 ] }, { "date": "2025-08-08", "close": 20.5, "volume": 2394112, "typical_volume": 1202095.25, "trend": 22.523334, "fair_value": 29.404808, "relative_strength": -24.963573, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -44.848018, "energy": 33.583892, "activity_lines": [ 19.38, 19.203637, 19.799048, 20.962258 ] }, { "date": "2025-08-15", "close": 22.0, "volume": 1801984, "typical_volume": 1104474.1, "trend": 22.381667, "fair_value": 29.349039, "relative_strength": -19.910964, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -17.602593, "energy": 14.176976, "activity_lines": [ 20.31, 19.713636, 19.92381, 20.928495 ] }, { "date": "2025-08-22", "close": 22.6, "volume": 3743069, "typical_volume": 1225006.05, "trend": 22.278333, "fair_value": 29.298077, "relative_strength": -15.181411, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": 7.002221, "energy": 20.351674, "activity_lines": [ 21.236667, 20.295455, 20.132381, 20.942581 ] }, { "date": "2025-08-29", "close": 23.4, "volume": 2043039, "typical_volume": 1209740.5, "trend": 22.193333, "fair_value": 29.267949, "relative_strength": -13.350535, "stage": 1, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "mixed", "direction": 32.513826, "energy": 38.772358, "activity_lines": [ 22.213333, 20.969091, 20.429286, 21.014946 ] }, { "date": "2025-09-05", "close": 22.5, "volume": 1534042, "typical_volume": 1182491.5, "trend": 22.093333, "fair_value": 29.234615, "relative_strength": -16.932414, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 21.303091, "energy": 36.131329, "activity_lines": [ 22.56, 21.384545, 20.626667, 21.034731 ] }, { "date": "2025-09-12", "close": 21.15, "volume": 1295193, "typical_volume": 1211193.8, "trend": 21.951667, "fair_value": 29.188141, "relative_strength": -24.188338, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 19.661339, "energy": 31.876284, "activity_lines": [ 22.21, 21.492727, 20.686191, 20.973871 ] }, { "date": "2025-09-19", "close": 22.200001, "volume": 1222050, "typical_volume": 1177962.4, "trend": 21.8, "fair_value": 29.15609, "relative_strength": -20.030058, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 19.70349, "energy": 26.796876, "activity_lines": [ 22.166667, 21.752727, 20.841191, 20.989893 ] }, { "date": "2025-09-26", "close": 20.5, "volume": 841085, "typical_volume": 1164807.85, "trend": 21.615, "fair_value": 29.113141, "relative_strength": -25.471709, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": -3.60516, "energy": 6.207664, "activity_lines": [ 21.543334, 21.644546, 20.83381, 20.906022 ] }, { "date": "2025-10-03", "close": 20.799999, "volume": 602006, "typical_volume": 1143857.5, "trend": 21.436667, "fair_value": 29.075962, "relative_strength": -27.033582, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 1.804973, "energy": 8.709862, "activity_lines": [ 21.16, 21.57, 20.862143, 20.853441 ] }, { "date": "2025-10-10", "close": 20.85, "volume": 483000, "typical_volume": 1138156.75, "trend": 21.251667, "fair_value": 29.058333, "relative_strength": -27.436773, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -0.260926, "energy": 8.243939, "activity_lines": [ 20.966667, 21.461818, 20.899524, 20.815592 ] }, { "date": "2025-10-17", "close": 20.1, "volume": 1019204, "typical_volume": 1167057.85, "trend": 20.996667, "fair_value": 29.028846, "relative_strength": -29.312673, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -13.238622, "energy": 16.722747, "activity_lines": [ 20.633333, 21.18, 20.867143, 20.74129 ] }, { "date": "2025-10-24", "close": 19.85, "volume": 635490, "typical_volume": 1163324.85, "trend": 20.738333, "fair_value": 29.00609, "relative_strength": -30.117341, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -16.067592, "energy": 17.807576, "activity_lines": [ 20.286667, 20.86, 20.814524, 20.667312 ] }, { "date": "2025-10-31", "close": 19.75, "volume": 699300, "typical_volume": 1181624.75, "trend": 20.558333, "fair_value": 28.985897, "relative_strength": -31.339936, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -19.485963, "energy": 20.665357, "activity_lines": [ 20.063333, 20.560909, 20.752857, 20.603548 ] }, { "date": "2025-11-07", "close": 18.549999, "volume": 845175, "typical_volume": 1186879.4, "trend": 20.493333, "fair_value": 28.958974, "relative_strength": -33.319213, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -41.452599, "energy": 44.031691, "activity_lines": [ 19.49, 20.095454, 20.576428, 20.473979 ] }, { "date": "2025-11-14", "close": 19.299999, "volume": 1756041, "typical_volume": 1245166.8, "trend": 20.451667, "fair_value": 28.919231, "relative_strength": -29.227436, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -29.907472, "energy": 42.011774, "activity_lines": [ 19.316666, 19.854545, 20.469762, 20.396989 ] }, { "date": "2025-11-21", "close": 17.65, "volume": 852000, "typical_volume": 1227689.2, "trend": 20.366667, "fair_value": 28.873397, "relative_strength": -32.10714, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -74.619385, "energy": 65.610201, "activity_lines": [ 18.696666, 19.371818, 20.205, 20.216236 ] }, { "date": "2025-11-28", "close": 18.15, "volume": 545400, "typical_volume": 1235796.6, "trend": 20.235, "fair_value": 28.833974, "relative_strength": -32.38089, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.471717, "energy": 66.032272, "activity_lines": [ 18.406666, 19.043636, 19.994286, 20.073226 ] }, { "date": "2025-12-05", "close": 18.299999, "volume": 611650, "typical_volume": 1184096.3, "trend": 20.111667, "fair_value": 28.794872, "relative_strength": -31.810172, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.34862, "energy": 61.289469, "activity_lines": [ 18.279999, 18.816363, 19.801666, 19.948387 ] }, { "date": "2025-12-12", "close": 20.65, "volume": 5042342, "typical_volume": 1415030.7, "trend": 20.076667, "fair_value": 28.764423, "relative_strength": -22.851373, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -43.215093, "energy": 29.037772, "activity_lines": [ 19.033333, 19.056363, 19.837857, 19.983118 ] }, { "date": "2025-12-19", "close": 20.049999, "volume": 1885343, "typical_volume": 1492576.25, "trend": 20.038333, "fair_value": 28.733333, "relative_strength": -22.926644, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -33.511767, "energy": 16.387413, "activity_lines": [ 19.446666, 19.19, 19.806428, 19.981398 ] }, { "date": "2025-12-26", "close": 22.1, "volume": 2074310, "typical_volume": 1476586.15, "trend": 20.08, "fair_value": 28.709615, "relative_strength": -16.875821, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 27.658198, "energy": 25.806134, "activity_lines": [ 20.493333, 19.710909, 19.964285, 20.114408 ] }, { "date": "2026-01-02", "close": 28.049999, "volume": 23976141, "typical_volume": 2585294.0, "trend": 20.35, "fair_value": 28.728205, "relative_strength": 3.195677, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 89.563258, "energy": 71.328115, "activity_lines": [ 23.226666, 21.277272, 20.68119, 20.628602 ] }, { "date": "2026-01-09", "close": 25.75, "volume": 3041398, "typical_volume": 2550210.45, "trend": 20.553333, "fair_value": 28.732692, "relative_strength": -7.53497, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 78.121301, "energy": 83.449465, "activity_lines": [ 24.533333, 22.276363, 21.150238, 20.976989 ] }, { "date": "2026-01-16", "close": 28.200001, "volume": 3188300, "typical_volume": 2607473.5, "trend": 20.886667, "fair_value": 28.754167, "relative_strength": -1.848786, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 86.906314, "energy": 91.905621, "activity_lines": [ 26.16, 23.611818, 21.837619, 21.470322 ] }, { "date": "2026-01-23", "close": 24.0, "volume": 7708412, "typical_volume": 2916192.0, "trend": 21.05, "fair_value": 28.746154, "relative_strength": -17.287006, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.142069, "energy": 79.252445, "activity_lines": [ 25.883333, 24.008182, 22.102143, 21.671183 ] }, { "date": "2026-01-30", "close": 24.9, "volume": 8105427, "typical_volume": 3256703.7, "trend": 21.246667, "fair_value": 28.745513, "relative_strength": -13.863188, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 61.78938, "energy": 51.150495, "activity_lines": [ 25.643333, 24.482727, 22.445238, 21.91957 ] }, { "date": "2026-02-06", "close": 22.299999, "volume": 2098263, "typical_volume": 3300514.35, "trend": 21.358333, "fair_value": 28.723077, "relative_strength": -21.532256, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 45.978534, "energy": 33.283287, "activity_lines": [ 24.35, 24.352727, 22.522857, 21.987527 ] }, { "date": "2026-02-13", "close": 23.4, "volume": 1147118, "typical_volume": 3315816.0, "trend": 21.493333, "fair_value": 28.715385, "relative_strength": -21.4507, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 38.276983, "energy": 20.333623, "activity_lines": [ 23.806666, 24.347273, 22.704762, 22.119247 ] }, { "date": "2026-02-27", "close": 23.85, "volume": 1974616, "typical_volume": 3384446.5, "trend": 21.673333, "fair_value": 28.713782, "relative_strength": -23.273811, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 35.223713, "energy": 20.160508, "activity_lines": [ 23.57, 24.330909, 22.915714, 22.27129 ] }, { "date": "2026-03-06", "close": 21.75, "volume": 1504516, "typical_volume": 3435522.3, "trend": 21.771666, "fair_value": 28.696795, "relative_strength": -25.461738, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 23.155043, "energy": 18.933261, "activity_lines": [ 22.923333, 23.874545, 22.912143, 22.276236 ] }, { "date": "2026-03-13", "close": 22.15, "volume": 1403075, "typical_volume": 3454715.85, "trend": 21.826666, "fair_value": 28.682051, "relative_strength": -22.791626, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 23.187702, "energy": 15.830051, "activity_lines": [ 22.56, 23.46, 22.942381, 22.300645 ] }, { "date": "2026-03-20", "close": 23.65, "volume": 2916740, "typical_volume": 3568778.35, "trend": 21.881666, "fair_value": 28.675321, "relative_strength": -16.992779, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 28.719751, "energy": 15.612104, "activity_lines": [ 22.88, 23.317273, 23.105714, 22.418279 ] }, { "date": "2026-03-27", "close": 21.9, "volume": 1843041, "typical_volume": 3625965.4, "trend": 21.858333, "fair_value": 28.661218, "relative_strength": -21.082996, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 8.956029, "energy": 9.890354, "activity_lines": [ 22.526667, 22.936364, 23.084286, 22.419462 ] }, { "date": "2026-04-03", "close": 20.6, "volume": 781051, "typical_volume": 3622759.2, "trend": 21.765, "fair_value": 28.635256, "relative_strength": -23.402566, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -0.885523, "energy": 9.168138, "activity_lines": [ 21.84, 22.389091, 22.928809, 22.338279 ] }, { "date": "2026-04-10", "close": 21.4, "volume": 898382, "typical_volume": 3579876.25, "trend": 21.728333, "fair_value": 28.603846, "relative_strength": -25.824352, "stage": 1, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -15.006564, "energy": 19.134393, "activity_lines": [ 21.636667, 22.125455, 22.839762, 22.314731 ] }, { "date": "2026-04-17", "close": 24.25, "volume": 3672905, "typical_volume": 3720921.5, "trend": 21.831666, "fair_value": 28.586859, "relative_strength": -18.359035, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 21.878694, "energy": 13.484137, "activity_lines": [ 22.406667, 22.427273, 23.012143, 22.477419 ] }, { "date": "2026-04-24", "close": 23.200001, "volume": 3415794, "typical_volume": 3864441.2, "trend": 21.865, "fair_value": 28.559295, "relative_strength": -25.338453, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 26.891775, "energy": 11.350799, "activity_lines": [ 22.686667, 22.55, 23.053095, 22.565699 ] }, { "date": "2026-05-01", "close": 23.6, "volume": 1618022, "typical_volume": 3914759.8, "trend": 21.968333, "fair_value": 28.52468, "relative_strength": -23.281684, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 34.95249, "energy": 20.304371, "activity_lines": [ 23.13, 22.729091, 23.108095, 22.677634 ] }, { "date": "2026-05-08", "close": 23.25, "volume": 2464986, "typical_volume": 3785892.0, "trend": 22.05, "fair_value": 28.482372, "relative_strength": -28.404633, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 34.177787, "energy": 23.7679, "activity_lines": [ 23.343334, 22.840909, 23.104524, 22.760323 ] }, { "date": "2026-05-15", "close": 21.0, "volume": 2479403, "typical_volume": 3815595.0, "trend": 22.055, "fair_value": 28.413462, "relative_strength": -33.771266, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 13.064179, "energy": 7.110102, "activity_lines": [ 22.63, 22.554546, 22.874286, 22.692581 ] }, { "date": "2026-05-22", "close": 20.700001, "volume": 1441006, "typical_volume": 3783929.8, "trend": 22.075, "fair_value": 28.35641, "relative_strength": -35.599557, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -16.985461, "energy": 20.281396, "activity_lines": [ 21.843334, 22.227273, 22.610953, 22.605161 ] }, { "date": "2026-05-29", "close": 19.799999, "volume": 2202050, "typical_volume": 2695225.25, "trend": 22.073333, "fair_value": 28.301603, "relative_strength": -40.993479, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -35.046019, "energy": 45.116408, "activity_lines": [ 20.993333, 21.762727, 22.268571, 22.458387 ] }, { "date": "2026-06-05", "close": 20.0, "volume": 1736583, "typical_volume": 2629984.5, "trend": 22.081667, "fair_value": 28.245192, "relative_strength": -40.024975, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -34.583839, "energy": 53.880309, "activity_lines": [ 20.436667, 21.404546, 21.984524, 22.324624 ] }, { "date": "2026-06-12", "close": 18.799999, "volume": 1702001, "typical_volume": 2555669.55, "trend": 22.09, "fair_value": 28.181731, "relative_strength": -41.721925, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -45.209966, "energy": 63.738323, "activity_lines": [ 19.72, 20.862727, 21.613571, 22.112903 ] }, { "date": "2026-06-19", "close": 19.200001, "volume": 1184110, "typical_volume": 2229454.45, "trend": 22.086667, "fair_value": 28.123077, "relative_strength": -42.703494, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -67.068259, "energy": 72.518123, "activity_lines": [ 19.433333, 20.426364, 21.325476, 21.926452 ] }, { "date": "2026-06-26", "close": 18.299999, "volume": 1933027, "typical_volume": 1920834.45, "trend": 22.108333, "fair_value": 28.055128, "relative_strength": -42.432344, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -72.763108, "energy": 74.509455, "activity_lines": [ 18.966666, 19.866363, 20.974524, 21.68215 ] }, { "date": "2026-07-03", "close": 19.450001, "volume": 650021, "typical_volume": 1848422.35, "trend": 22.151667, "fair_value": 27.991026, "relative_strength": -41.01969, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.409548, "energy": 64.010209, "activity_lines": [ 19.043333, 19.623636, 20.764524, 21.510645 ] }, { "date": "2026-07-10", "close": 18.35, "volume": 613135, "typical_volume": 1821723.2, "trend": 22.153333, "fair_value": 27.916667, "relative_strength": -41.911588, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.716449, "energy": 53.905964, "activity_lines": [ 18.776667, 19.249091, 20.463333, 21.265376 ] }, { "date": "2026-07-17", "close": 18.25, "volume": 4391200, "typical_volume": 1942552.4, "trend": 22.073333, "fair_value": 27.852244, "relative_strength": -37.900399, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.951775, "energy": 49.327596, "activity_lines": [ 18.586667, 18.951818, 20.176667, 21.013548 ] }, { "date": "2026-07-24", "close": 18.15, "volume": 1238999, "typical_volume": 1929276.55, "trend": 22.01, "fair_value": 27.789103, "relative_strength": -38.929999, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.54348, "energy": 47.854225, "activity_lines": [ 18.4, 18.727273, 19.907143, 20.76043 ] }, { "date": "2026-07-31", "close": 17.200001, "volume": 1275004, "typical_volume": 1922873.0, "trend": 21.846667, "fair_value": 27.720513, "relative_strength": -40.754344, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -72.04914, "energy": 56.259943, "activity_lines": [ 17.966667, 18.381818, 19.564286, 20.450108 ] }, { "date": "2026-08-07", "close": 17.9, "volume": 586164, "typical_volume": 1806344.2, "trend": 21.508333, "fair_value": 27.656731, "relative_strength": -39.194959, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.509554, "energy": 50.902536, "activity_lines": [ 17.84, 18.227273, 19.311667, 20.195484 ] }, { "date": "2026-08-14", "close": 17.6, "volume": 883505, "typical_volume": 1758367.4, "trend": 21.236667, "fair_value": 27.58109, "relative_strength": -41.489501, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.917896, "energy": 54.131104, "activity_lines": [ 17.716667, 18.052727, 19.057857, 19.943333 ] } ], "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." } } }