{ "ticker": { "uuid": "008333ad-9e20-4b90-a525-e51cbd5fc3b1", "symbol": "4980", "name": "Jorjin Technologies Inc.", "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": 3, "stage_name": "Distribution", "phase": "3a", "phase_label": "Stage 3A \u00b7 Churning", "transition": "stage_3_churning", "transition_label": "Stage 3 range intact", "confidence": 96.0, "architecture_regime": "deceleration", "architecture_regime_label": "Deceleration", "architecture_modifier": "Recompressing", "architecture_gate": "up", "architecture_direction": 21.361, "architecture_energy": 11.923, "architecture_maturity": 49.651, "architecture_confidence": 72.595, "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": 61.36, "rotation_up": 24.33, "upward_expansion": 47.39, "deceleration": 82.03, "rotation_down": 24.28, "downward_expansion": 23.06 }, "activity_lines": [ 42.083333, 42.704545, 42.78, 40.002366 ], "activity_state": "Compressed", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.166667 }, "latest_close": 42.099998, "trend_reference": 36.496667, "distance_from_trend": 0.15353, "trend_direction": "Improving", "fair_value": 29.712912, "distance_from_fair_value": 0.416892, "fair_value_direction": "Weakening", "relative_strength": -8.628472, "relative_strength_direction": "Weakening", "price_momentum": 0.439316, "excess_performance": -0.002056, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.15353, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.15795, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.416892, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.043403, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.086285, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.139082, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.439316, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 1.44825, "read": "Demand-led" } ], "volume": { "latest": 372077, "relative_activity": 0.299477, "balance": 1.44825, "dry_up": 0.328728, "accumulation_observations": 1, "distribution_observations": 1 }, "risk": { "range_context": 0.174858, "annualized_volatility": 0.528084, "from_high_reference": -0.269097, "from_low_reference": 0.830435 }, "levels": { "trend_reference": 36.496667, "fair_value_reference": 29.712912, "structural_low": 23.049999, "invalidation": "A decisive breakout above range resistance with renewed RS leadership invalidates the distribution reading; a range-low break confirms deterioration." }, "outcomes": [ { "horizon": "Near term", "sample_count": 14, "median_return": -0.033737, "positive_rate": 0.357143, "directional_follow_through": 0.357143, "median_excess_return": -0.049282, "regime_survival": 0.785714, "best_return": 0.131086, "worst_return": -0.210069, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 4, "median_return": -0.090844, "positive_rate": 0.25, "directional_follow_through": 0.25, "median_excess_return": -0.092272, "regime_survival": 0.25, "best_return": 0.074703, "worst_return": -0.261523, "sufficient": false }, { "horizon": "Extended", "sample_count": 3, "median_return": -0.247651, "positive_rate": 0.333333, "directional_follow_through": 0.333333, "median_excess_return": -0.262752, "regime_survival": 0.0, "best_return": 0.151104, "worst_return": -0.360243, "sufficient": false }, { "horizon": "Full cycle", "sample_count": 2, "median_return": -0.414989, "positive_rate": 0.0, "directional_follow_through": 0.0, "median_excess_return": -0.455202, "regime_survival": 0.0, "best_return": -0.309028, "worst_return": -0.520949, "sufficient": false } ], "ledger": [ { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-01-10", "end": "2025-03-28", "tenure": "Developing", "return": -0.063063, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-04-04", "end": "2025-04-11", "tenure": "New", "return": -0.243665, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-04-18", "end": "2025-05-02", "tenure": "New", "return": 0.062827, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-05-09", "end": "2025-07-25", "tenure": "Developing", "return": 0.191388, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-08-01", "end": "2025-08-15", "tenure": "New", "return": 0.227074, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-08-22", "end": "2025-09-12", "tenure": "New", "return": 0.153973, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-09-19", "end": "2025-10-17", "tenure": "Developing", "return": -0.009494, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-10-24", "end": "2026-01-16", "tenure": "Established", "return": 0.089983, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-01-23", "end": "2026-02-06", "tenure": "New", "return": -0.075829, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-02-13", "end": "2026-03-13", "tenure": "New", "return": -0.038674, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-03-20", "end": "2026-04-10", "tenure": "New", "return": 0.113095, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-04-17", "end": "2026-05-08", "tenure": "New", "return": 0.264567, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-05-15", "end": "2026-07-03", "tenure": "Developing", "return": 0.025143, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-07-10", "end": "2026-08-14", "tenure": "Developing", "return": 0.014458, "active": true } ], "chart_path": [ { "date": "2023-08-11", "close": 44.036694, "volume": 686810, "typical_volume": 731206.95, "trend": 47.140031, "fair_value": 36.114515, "relative_strength": -6.508205, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -38.782804, "energy": 39.750336, "activity_lines": [ 45.557008, 46.064275, 46.944622, 47.559078 ] }, { "date": "2023-08-18", "close": 39.465923, "volume": 459230, "typical_volume": 649065.45, "trend": 47.235763, "fair_value": 36.253059, "relative_strength": -14.972928, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -82.524853, "energy": 70.740746, "activity_lines": [ 43.486236, 44.75783, 46.172763, 47.063974 ] }, { "date": "2023-08-25", "close": 39.711662, "volume": 209128, "typical_volume": 638014.7, "trend": 47.34436, "fair_value": 36.37101, "relative_strength": -14.743574, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -78.578596, "energy": 78.87044, "activity_lines": [ 41.939709, 43.6587, 45.477435, 46.578548 ] }, { "date": "2023-09-01", "close": 38.700001, "volume": 303315, "typical_volume": 613543.95, "trend": 47.286064, "fair_value": 36.487268, "relative_strength": -17.525051, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -77.941001, "energy": 85.824552, "activity_lines": [ 40.413105, 42.528438, 44.729757, 46.020847 ] }, { "date": "2023-09-08", "close": 39.5, "volume": 222057, "typical_volume": 555031.15, "trend": 47.234775, "fair_value": 36.61225, "relative_strength": -15.229131, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -68.552365, "energy": 86.752115, "activity_lines": [ 39.626902, 41.725553, 44.103341, 45.518521 ] }, { "date": "2023-09-15", "close": 39.700001, "volume": 166690, "typical_volume": 531005.45, "trend": 47.234386, "fair_value": 36.74121, "relative_strength": -16.21346, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.753852, "energy": 83.412056, "activity_lines": [ 39.432617, 41.095133, 43.53396, 45.032406 ] }, { "date": "2023-09-22", "close": 39.549999, "volume": 256991, "typical_volume": 519576.0, "trend": 46.74407, "fair_value": 36.873103, "relative_strength": -13.307127, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.510328, "energy": 74.045065, "activity_lines": [ 39.477444, 40.550246, 42.990368, 44.536639 ] }, { "date": "2023-09-29", "close": 39.200001, "volume": 105037, "typical_volume": 509951.85, "trend": 46.268299, "fair_value": 36.998859, "relative_strength": -13.777089, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.280921, "energy": 57.362329, "activity_lines": [ 39.4, 40.06083, 42.460553, 44.049925 ] }, { "date": "2023-10-06", "close": 39.200001, "volume": 138476, "typical_volume": 503401.05, "trend": 45.808911, "fair_value": 37.124014, "relative_strength": -14.403681, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.897454, "energy": 54.024433, "activity_lines": [ 39.356667, 39.67812, 41.965706, 43.593906 ] }, { "date": "2023-10-13", "close": 38.400002, "volume": 131892, "typical_volume": 476309.1, "trend": 45.319579, "fair_value": 37.24524, "relative_strength": -17.163268, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -68.67875, "energy": 56.051957, "activity_lines": [ 39.013334, 39.270065, 41.431742, 43.115912 ] }, { "date": "2023-10-20", "close": 38.0, "volume": 185643, "typical_volume": 438384.55, "trend": 44.761213, "fair_value": 37.364202, "relative_strength": -16.043383, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -68.599472, "energy": 55.974903, "activity_lines": [ 38.610001, 38.952532, 40.905716, 42.643681 ] }, { "date": "2023-10-27", "close": 36.200001, "volume": 225598, "typical_volume": 352983.4, "trend": 44.280462, "fair_value": 37.466832, "relative_strength": -18.153552, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -78.958287, "energy": 62.456514, "activity_lines": [ 37.720001, 38.417485, 40.2679, 42.091345 ] }, { "date": "2023-11-03", "close": 37.400002, "volume": 214126, "typical_volume": 318604.35, "trend": 43.895412, "fair_value": 37.582546, "relative_strength": -17.032112, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.596036, "energy": 61.837641, "activity_lines": [ 37.453335, 38.160001, 39.802517, 41.647444 ] }, { "date": "2023-11-10", "close": 36.150002, "volume": 145592, "typical_volume": 300892.05, "trend": 43.494908, "fair_value": 37.692045, "relative_strength": -20.251492, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -74.911775, "energy": 73.170261, "activity_lines": [ 36.890002, 37.717274, 39.269115, 41.14774 ] }, { "date": "2023-11-17", "close": 35.349998, "volume": 323109, "typical_volume": 299797.5, "trend": 43.090672, "fair_value": 37.797315, "relative_strength": -24.043697, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -78.389505, "energy": 84.089249, "activity_lines": [ 36.263334, 37.175455, 38.719312, 40.622262 ] }, { "date": "2023-11-24", "close": 34.450001, "volume": 213965, "typical_volume": 290987.75, "trend": 42.63514, "fair_value": 37.891723, "relative_strength": -26.00749, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -80.280005, "energy": 84.312069, "activity_lines": [ 35.540001, 36.545455, 38.139202, 40.064799 ] }, { "date": "2023-12-01", "close": 33.950001, "volume": 296057, "typical_volume": 281109.5, "trend": 42.118707, "fair_value": 37.983824, "relative_strength": -27.426756, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -78.71351, "energy": 84.651184, "activity_lines": [ 34.886667, 35.920001, 37.566017, 39.504468 ] }, { "date": "2023-12-08", "close": 34.299999, "volume": 485438, "typical_volume": 290525.85, "trend": 41.710599, "fair_value": 38.077869, "relative_strength": -26.143583, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -70.125236, "energy": 73.261991, "activity_lines": [ 34.5, 35.46, 37.084027, 39.000035 ] }, { "date": "2023-12-15", "close": 32.349998, "volume": 248247, "typical_volume": 284311.4, "trend": 41.222746, "fair_value": 38.159414, "relative_strength": -31.141388, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -81.994375, "energy": 71.887204, "activity_lines": [ 33.669999, 34.734545, 36.467603, 38.396125 ] }, { "date": "2023-12-22", "close": 32.400002, "volume": 152857, "typical_volume": 258512.9, "trend": 40.700518, "fair_value": 38.242179, "relative_strength": -30.363369, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -76.4652, "energy": 70.604861, "activity_lines": [ 33.11, 34.142728, 35.920017, 37.826916 ] }, { "date": "2023-12-29", "close": 33.599998, "volume": 169939, "typical_volume": 232669.35, "trend": 40.136377, "fair_value": 38.321251, "relative_strength": -28.762337, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.734468, "energy": 61.12485, "activity_lines": [ 33.146666, 33.878182, 35.558044, 37.368818 ] }, { "date": "2024-01-05", "close": 32.799999, "volume": 154259, "typical_volume": 217420.8, "trend": 39.616014, "fair_value": 38.400288, "relative_strength": -28.472336, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.308565, "energy": 59.913719, "activity_lines": [ 32.973333, 33.548181, 35.169579, 36.895503 ] }, { "date": "2024-01-12", "close": 33.200001, "volume": 157306, "typical_volume": 214829.7, "trend": 39.118815, "fair_value": 38.484286, "relative_strength": -27.203593, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.269433, "energy": 53.587473, "activity_lines": [ 33.01, 33.352727, 34.850953, 36.481567 ] }, { "date": "2024-01-19", "close": 28.549999, "volume": 507521, "typical_volume": 225040.0, "trend": 38.446956, "fair_value": 38.539076, "relative_strength": -37.60328, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -87.002167, "energy": 65.31804, "activity_lines": [ 31.57, 32.388181, 34.120476, 35.799708 ] }, { "date": "2024-01-26", "close": 30.0, "volume": 445349, "typical_volume": 236204.6, "trend": 37.88077, "fair_value": 38.599865, "relative_strength": -35.203834, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -72.695975, "energy": 61.885367, "activity_lines": [ 30.866666, 31.825454, 33.576429, 35.254743 ] }, { "date": "2024-02-02", "close": 36.0, "volume": 1171192, "typical_volume": 286429.7, "trend": 37.550626, "fair_value": 38.709301, "relative_strength": -22.175548, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -47.180654, "energy": 36.467461, "activity_lines": [ 32.323333, 32.450909, 33.649048, 35.133403 ] }, { "date": "2024-02-09", "close": 33.150002, "volume": 98625, "typical_volume": 278511.4, "trend": 37.118929, "fair_value": 38.801068, "relative_strength": -28.047023, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -41.668197, "energy": 29.907305, "activity_lines": [ 32.670001, 32.53, 33.467857, 34.849492 ] }, { "date": "2024-02-16", "close": 31.15, "volume": 94041, "typical_volume": 277961.6, "trend": 36.654969, "fair_value": 38.886904, "relative_strength": -33.799823, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -46.990132, "energy": 26.272065, "activity_lines": [ 32.326667, 32.26, 33.126667, 34.464399 ] }, { "date": "2024-02-23", "close": 31.5, "volume": 254898, "typical_volume": 283782.7, "trend": 36.178102, "fair_value": 38.9633, "relative_strength": -33.123428, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -42.353093, "energy": 20.66939, "activity_lines": [ 32.236667, 32.110909, 32.857143, 34.131821 ] }, { "date": "2024-03-01", "close": 30.9, "volume": 189290, "typical_volume": 286652.6, "trend": 35.62881, "fair_value": 39.038546, "relative_strength": -33.641036, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -57.252104, "energy": 33.780755, "activity_lines": [ 31.75, 31.868182, 32.567143, 33.791298 ] }, { "date": "2024-03-08", "close": 29.75, "volume": 350720, "typical_volume": 294906.45, "trend": 35.152586, "fair_value": 39.103425, "relative_strength": -37.926922, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.815049, "energy": 44.978091, "activity_lines": [ 30.82, 31.443637, 32.203333, 33.41202 ] }, { "date": "2024-03-15", "close": 28.700001, "volume": 264033, "typical_volume": 296828.2, "trend": 34.793722, "fair_value": 39.165168, "relative_strength": -38.845188, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.820395, "energy": 56.820763, "activity_lines": [ 29.956667, 30.898182, 31.77881, 32.995724 ] }, { "date": "2024-03-22", "close": 27.9, "volume": 184731, "typical_volume": 295358.45, "trend": 34.4, "fair_value": 39.222681, "relative_strength": -41.176484, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -70.484922, "energy": 64.775806, "activity_lines": [ 29.123334, 30.281818, 31.31381, 32.550968 ] }, { "date": "2024-03-29", "close": 28.5, "volume": 427003, "typical_volume": 309429.0, "trend": 34.06, "fair_value": 39.159712, "relative_strength": -39.216616, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.138929, "energy": 61.520956, "activity_lines": [ 28.706667, 29.870909, 30.951191, 32.170323 ] }, { "date": "2024-04-05", "close": 27.1, "volume": 242999, "typical_volume": 305423.5, "trend": 33.646667, "fair_value": 39.132407, "relative_strength": -41.468336, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -68.981608, "energy": 62.203943, "activity_lines": [ 28.023333, 29.206364, 30.491667, 31.72129 ] }, { "date": "2024-04-12", "close": 24.0, "volume": 909046, "typical_volume": 340177.55, "trend": 33.123334, "fair_value": 39.068154, "relative_strength": -48.346852, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -80.029601, "energy": 69.992128, "activity_lines": [ 26.56, 28.030909, 29.776191, 31.098925 ] }, { "date": "2024-04-19", "close": 23.950001, "volume": 116684, "typical_volume": 331208.9, "trend": 32.603334, "fair_value": 38.964933, "relative_strength": -44.395073, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -76.670367, "energy": 76.054718, "activity_lines": [ 25.463334, 27.064546, 29.105714, 30.507097 ] }, { "date": "2024-04-26", "close": 23.049999, "volume": 253646, "typical_volume": 319619.3, "trend": 32.065, "fair_value": 38.878712, "relative_strength": -47.167957, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -77.013953, "energy": 81.832101, "activity_lines": [ 24.383333, 26.101818, 28.397143, 29.890753 ] }, { "date": "2024-05-03", "close": 23.700001, "volume": 169344, "typical_volume": 315674.15, "trend": 31.548334, "fair_value": 38.797257, "relative_strength": -45.268705, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -69.964059, "energy": 86.560131, "activity_lines": [ 23.843334, 25.404546, 27.804048, 29.351075 ] }, { "date": "2024-05-10", "close": 25.200001, "volume": 383971, "typical_volume": 327229.85, "trend": 31.108334, "fair_value": 38.753877, "relative_strength": -41.932322, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.645641, "energy": 82.96326, "activity_lines": [ 24.123334, 25.121819, 27.395, 28.941506 ] }, { "date": "2024-05-17", "close": 24.5, "volume": 167349, "typical_volume": 327100.35, "trend": 30.658334, "fair_value": 38.729978, "relative_strength": -44.106111, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.920972, "energy": 70.539297, "activity_lines": [ 24.296667, 24.815455, 26.953572, 28.515161 ] }, { "date": "2024-05-24", "close": 23.799999, "volume": 119150, "typical_volume": 325344.9, "trend": 30.245, "fair_value": 38.722563, "relative_strength": -45.557347, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.65655, "energy": 55.516752, "activity_lines": [ 24.203333, 24.477273, 26.48881, 28.072688 ] }, { "date": "2024-05-31", "close": 23.4, "volume": 96295, "typical_volume": 322294.35, "trend": 29.778333, "fair_value": 38.685021, "relative_strength": -44.472721, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -68.033504, "energy": 53.590815, "activity_lines": [ 23.986667, 24.155455, 26.02881, 27.631075 ] }, { "date": "2024-06-07", "close": 25.15, "volume": 377718, "typical_volume": 315804.2, "trend": 29.411667, "fair_value": 38.658697, "relative_strength": -41.213103, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -49.45817, "energy": 42.915773, "activity_lines": [ 24.33, 24.233636, 25.782143, 27.332473 ] }, { "date": "2024-06-14", "close": 24.1, "volume": 108774, "typical_volume": 298975.45, "trend": 29.036667, "fair_value": 38.625643, "relative_strength": -44.349093, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -49.460898, "energy": 40.934795, "activity_lines": [ 24.226667, 24.181818, 25.451667, 26.989785 ] }, { "date": "2024-06-21", "close": 23.75, "volume": 201755, "typical_volume": 250503.6, "trend": 28.68, "fair_value": 38.595738, "relative_strength": -45.945265, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -60.838847, "energy": 41.992306, "activity_lines": [ 24.08, 24.120909, 25.115952, 26.64871 ] }, { "date": "2024-06-28", "close": 24.1, "volume": 63198, "typical_volume": 248732.25, "trend": 28.351667, "fair_value": 38.57227, "relative_strength": -43.628716, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -55.346243, "energy": 36.844492, "activity_lines": [ 24.1, 24.128182, 24.871905, 26.353226 ] }, { "date": "2024-07-05", "close": 24.4, "volume": 193546, "typical_volume": 253707.5, "trend": 28.021667, "fair_value": 38.562709, "relative_strength": -43.185622, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -44.002466, "energy": 32.106731, "activity_lines": [ 24.2, 24.187273, 24.699524, 26.09828 ] }, { "date": "2024-07-12", "close": 24.0, "volume": 271150, "typical_volume": 254520.1, "trend": 27.743333, "fair_value": 38.554479, "relative_strength": -43.975708, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -54.246405, "energy": 35.959898, "activity_lines": [ 24.1, 24.149091, 24.521191, 25.838817 ] }, { "date": "2024-07-19", "close": 23.549999, "volume": 269094, "typical_volume": 258510.3, "trend": 27.448333, "fair_value": 38.54606, "relative_strength": -41.492262, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -57.922162, "energy": 35.781386, "activity_lines": [ 23.926666, 24.023636, 24.335714, 25.56828 ] }, { "date": "2024-07-26", "close": 23.200001, "volume": 83821, "typical_volume": 245165.35, "trend": 27.101667, "fair_value": 38.527908, "relative_strength": -39.347008, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -60.182873, "energy": 38.350034, "activity_lines": [ 23.673333, 23.864545, 24.151905, 25.294194 ] }, { "date": "2024-08-02", "close": 22.9, "volume": 113939, "typical_volume": 237660.65, "trend": 26.771667, "fair_value": 38.491355, "relative_strength": -37.582275, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.732905, "energy": 42.432045, "activity_lines": [ 23.356667, 23.674545, 23.970714, 25.023118 ] }, { "date": "2024-08-09", "close": 21.950001, "volume": 188717, "typical_volume": 237859.95, "trend": 26.396667, "fair_value": 38.452308, "relative_strength": -38.564518, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -70.225702, "energy": 53.969153, "activity_lines": [ 22.803334, 23.328182, 23.726667, 24.712043 ] }, { "date": "2024-08-16", "close": 21.950001, "volume": 211944, "typical_volume": 227107.0, "trend": 26.176667, "fair_value": 38.39229, "relative_strength": -39.994909, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -68.151632, "energy": 60.943401, "activity_lines": [ 22.413334, 23.008182, 23.510953, 24.425161 ] }, { "date": "2024-08-23", "close": 20.450001, "volume": 169572, "typical_volume": 223435.65, "trend": 25.858334, "fair_value": 38.338534, "relative_strength": -42.610528, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -78.692771, "energy": 72.176472, "activity_lines": [ 21.660001, 22.473637, 23.183572, 24.055699 ] }, { "date": "2024-08-30", "close": 20.1, "volume": 199512, "typical_volume": 187958.95, "trend": 25.328334, "fair_value": 38.284632, "relative_strength": -42.900258, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -76.7379, "energy": 76.049662, "activity_lines": [ 20.996667, 21.941819, 22.854524, 23.684194 ] }, { "date": "2024-09-06", "close": 21.0, "volume": 161920, "typical_volume": 190220.75, "trend": 24.923334, "fair_value": 38.239495, "relative_strength": -36.949166, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.400877, "energy": 70.486553, "activity_lines": [ 20.84, 21.64, 22.629762, 23.404946 ] }, { "date": "2024-09-13", "close": 20.65, "volume": 124397, "typical_volume": 183758.3, "trend": 24.573334, "fair_value": 38.196609, "relative_strength": -37.849776, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.363698, "energy": 69.976112, "activity_lines": [ 20.693334, 21.330909, 22.385715, 23.129248 ] }, { "date": "2024-09-20", "close": 21.0, "volume": 33663, "typical_volume": 176974.25, "trend": 24.223334, "fair_value": 38.157463, "relative_strength": -36.764228, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.202265, "energy": 57.588378, "activity_lines": [ 20.75, 21.153637, 22.186429, 22.89871 ] }, { "date": "2024-09-27", "close": 24.6, "volume": 466608, "typical_volume": 181106.1, "trend": 24.013333, "fair_value": 38.138399, "relative_strength": -26.838487, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -18.158388, "energy": 14.633258, "activity_lines": [ 22.07, 21.685455, 22.342857, 22.923011 ] }, { "date": "2024-10-04", "close": 25.15, "volume": 327805, "typical_volume": 189128.9, "trend": 23.86, "fair_value": 38.097995, "relative_strength": -22.193993, "stage": 1, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -1.684894, "energy": 15.613254, "activity_lines": [ 23.296667, 22.298182, 22.554524, 22.996344 ] }, { "date": "2024-10-11", "close": 23.4, "volume": 248354, "typical_volume": 195589.1, "trend": 23.683333, "fair_value": 38.059854, "relative_strength": -28.296341, "stage": 1, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -16.174224, "energy": 24.473938, "activity_lines": [ 23.603333, 22.557273, 22.596429, 22.966667 ] }, { "date": "2024-10-18", "close": 24.5, "volume": 405158, "typical_volume": 211032.25, "trend": 23.57, "fair_value": 38.019178, "relative_strength": -25.522861, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "mixed", "direction": 20.980495, "energy": 30.486895, "activity_lines": [ 24.116667, 23.007273, 22.745, 23.019355 ] }, { "date": "2024-10-25", "close": 26.25, "volume": 702056, "typical_volume": 227249.15, "trend": 23.495, "fair_value": 38.000505, "relative_strength": -18.475657, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 34.278899, "energy": 40.430952, "activity_lines": [ 24.956667, 23.729091, 23.055, 23.192258 ] }, { "date": "2024-11-01", "close": 25.049999, "volume": 114858, "typical_volume": 227553.35, "trend": 23.426667, "fair_value": 37.950472, "relative_strength": -18.9435, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 21.881237, "energy": 36.83032, "activity_lines": [ 25.046666, 24.154545, 23.245476, 23.292581 ] }, { "date": "2024-11-08", "close": 24.700001, "volume": 35444, "typical_volume": 219237.8, "trend": 23.45, "fair_value": 37.879022, "relative_strength": -21.456701, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 29.845783, "energy": 38.189742, "activity_lines": [ 24.99, 24.432727, 23.398095, 23.374731 ] }, { "date": "2024-11-15", "close": 23.85, "volume": 58364, "typical_volume": 218996.1, "trend": 23.446667, "fair_value": 37.774262, "relative_strength": -20.300513, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 25.853796, "energy": 24.024645, "activity_lines": [ 24.68, 24.472727, 23.465238, 23.400538 ] }, { "date": "2024-11-22", "close": 24.1, "volume": 125872, "typical_volume": 215612.4, "trend": 23.481667, "fair_value": 37.512323, "relative_strength": -18.918516, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 12.909339, "energy": 12.281335, "activity_lines": [ 24.423333, 24.506364, 23.557381, 23.442688 ] }, { "date": "2024-11-29", "close": 24.5, "volume": 93120, "typical_volume": 206710.9, "trend": 23.508333, "fair_value": 37.293692, "relative_strength": -14.119291, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 36.666956, "energy": 18.203749, "activity_lines": [ 24.326667, 24.55, 23.689048, 23.508387 ] }, { "date": "2024-12-06", "close": 24.450001, "volume": 165467, "typical_volume": 201529.55, "trend": 23.483333, "fair_value": 37.098108, "relative_strength": -16.583686, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 34.165202, "energy": 15.962915, "activity_lines": [ 24.33, 24.520909, 23.813572, 23.56914 ] }, { "date": "2024-12-13", "close": 23.85, "volume": 83155, "typical_volume": 201496.25, "trend": 23.461667, "fair_value": 36.925641, "relative_strength": -17.016892, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 31.370334, "energy": 14.205098, "activity_lines": [ 24.173334, 24.385455, 23.876667, 23.592796 ] }, { "date": "2024-12-20", "close": 23.049999, "volume": 141448, "typical_volume": 202871.7, "trend": 23.436667, "fair_value": 36.73786, "relative_strength": -16.936878, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 21.220764, "energy": 11.595486, "activity_lines": [ 23.806667, 24.128182, 23.860476, 23.566237 ] }, { "date": "2024-12-27", "close": 26.450001, "volume": 890032, "typical_volume": 237937.45, "trend": 23.538333, "fair_value": 36.571274, "relative_strength": -6.746248, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 59.896327, "energy": 27.784868, "activity_lines": [ 24.626667, 24.495455, 24.167381, 23.760645 ] }, { "date": "2025-01-03", "close": 27.700001, "volume": 564769, "typical_volume": 255578.7, "trend": 23.623334, "fair_value": 36.419293, "relative_strength": 0.276302, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 69.406685, "energy": 54.144996, "activity_lines": [ 25.706667, 25.054546, 24.571905, 24.02914 ] }, { "date": "2025-01-10", "close": 27.75, "volume": 1852242, "typical_volume": 339712.2, "trend": 23.745, "fair_value": 36.252053, "relative_strength": 1.117701, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.173988, "energy": 61.772489, "activity_lines": [ 26.59, 25.596364, 24.95381, 24.295377 ] }, { "date": "2025-01-17", "close": 29.049999, "volume": 521867, "typical_volume": 355829.95, "trend": 23.921667, "fair_value": 36.105729, "relative_strength": 5.845783, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 71.901859, "energy": 74.102863, "activity_lines": [ 27.686667, 26.325455, 25.424762, 24.637635 ] }, { "date": "2025-01-24", "close": 33.099998, "volume": 581044, "typical_volume": 376786.15, "trend": 24.221667, "fair_value": 36.027309, "relative_strength": 19.170698, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 87.475152, "energy": 87.620591, "activity_lines": [ 29.786666, 27.711818, 26.238809, 25.229785 ] }, { "date": "2025-02-07", "close": 30.35, "volume": 620342, "typical_volume": 401583.4, "trend": 24.42, "fair_value": 35.939949, "relative_strength": 10.753222, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.382356, "energy": 79.16695, "activity_lines": [ 30.299999, 28.43, 26.733333, 25.625161 ] }, { "date": "2025-02-14", "close": 29.85, "volume": 276008, "typical_volume": 413700.65, "trend": 24.615, "fair_value": 35.858671, "relative_strength": 11.457259, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.965196, "energy": 74.462809, "activity_lines": [ 30.386666, 28.943636, 27.134048, 25.975484 ] }, { "date": "2025-02-21", "close": 30.9, "volume": 585681, "typical_volume": 419654.3, "trend": 24.86, "fair_value": 35.75746, "relative_strength": 13.269751, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.002936, "energy": 65.425498, "activity_lines": [ 30.68, 29.550909, 27.592619, 26.380968 ] }, { "date": "2025-02-28", "close": 31.0, "volume": 234456, "typical_volume": 414986.85, "trend": 25.12, "fair_value": 35.673967, "relative_strength": 17.609096, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 63.330178, "energy": 48.463612, "activity_lines": [ 30.796667, 30.059091, 28.030714, 26.777097 ] }, { "date": "2025-03-07", "close": 29.15, "volume": 261880, "typical_volume": 415663.15, "trend": 25.328333, "fair_value": 35.545061, "relative_strength": 13.578346, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 57.145303, "energy": 39.204469, "activity_lines": [ 30.166667, 30.100909, 28.264762, 27.037097 ] }, { "date": "2025-03-14", "close": 29.9, "volume": 127287, "typical_volume": 401769.6, "trend": 25.593333, "fair_value": 35.434145, "relative_strength": 20.014489, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 44.75093, "energy": 31.616652, "activity_lines": [ 30.05, 30.168182, 28.542857, 27.332043 ] }, { "date": "2025-03-21", "close": 29.5, "volume": 196193, "typical_volume": 376476.45, "trend": 25.845, "fair_value": 35.336542, "relative_strength": 17.382269, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 40.441564, "energy": 25.612718, "activity_lines": [ 29.83, 30.1, 28.757143, 27.584086 ] }, { "date": "2025-03-28", "close": 26.0, "volume": 269869, "typical_volume": 384227.0, "trend": 26.03, "fair_value": 35.212609, "relative_strength": 6.677213, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 20.045924, "energy": 15.05498, "activity_lines": [ 28.466667, 29.362727, 28.622619, 27.594086 ] }, { "date": "2025-04-04", "close": 25.65, "volume": 168120, "typical_volume": 390860.8, "trend": 26.215, "fair_value": 35.082239, "relative_strength": 7.111794, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 9.790274, "energy": 14.995206, "activity_lines": [ 27.313333, 28.593636, 28.450238, 27.56957 ] }, { "date": "2025-04-11", "close": 19.4, "volume": 549039, "typical_volume": 415394.55, "trend": 26.161667, "fair_value": 34.913901, "relative_strength": -11.13182, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -43.837709, "energy": 39.918666, "activity_lines": [ 24.433333, 26.75, 27.678095, 27.129892 ] }, { "date": "2025-04-18", "close": 19.1, "volume": 225560, "typical_volume": 420378.95, "trend": 26.11, "fair_value": 34.737349, "relative_strength": -11.640399, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -47.191065, "energy": 70.359842, "activity_lines": [ 22.103333, 25.100909, 26.898571, 26.674301 ] }, { "date": "2025-04-25", "close": 19.700001, "volume": 111891, "typical_volume": 421317.5, "trend": 26.066667, "fair_value": 34.570335, "relative_strength": -10.692991, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -48.047165, "energy": 76.765474, "activity_lines": [ 20.693334, 23.765455, 26.2, 26.260753 ] }, { "date": "2025-05-02", "close": 20.299999, "volume": 176575, "typical_volume": 421872.9, "trend": 25.923333, "fair_value": 34.42754, "relative_strength": -11.764872, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -67.628883, "energy": 85.65663, "activity_lines": [ 20.136667, 22.723636, 25.581428, 25.88871 ] }, { "date": "2025-05-09", "close": 20.9, "volume": 120693, "typical_volume": 423749.8, "trend": 25.781667, "fair_value": 34.279003, "relative_strength": -9.44836, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.707468, "energy": 83.016486, "activity_lines": [ 20.16, 21.983636, 25.039762, 25.564624 ] }, { "date": "2025-05-16", "close": 22.549999, "volume": 199035, "typical_volume": 426629.15, "trend": 25.753333, "fair_value": 34.153327, "relative_strength": -6.151334, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.810885, "energy": 59.054209, "activity_lines": [ 21.05, 21.727273, 24.669286, 25.356129 ] }, { "date": "2025-05-23", "close": 23.200001, "volume": 228880, "typical_volume": 393571.55, "trend": 25.71, "fair_value": 34.049193, "relative_strength": -2.454293, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -47.295379, "energy": 38.940702, "activity_lines": [ 21.946667, 21.709091, 24.363095, 25.191398 ] }, { "date": "2025-05-30", "close": 22.5, "volume": 44857, "typical_volume": 367575.95, "trend": 25.585, "fair_value": 33.943568, "relative_strength": -3.962681, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -42.137433, "energy": 30.097902, "activity_lines": [ 22.336667, 21.685455, 24.005714, 24.984301 ] }, { "date": "2025-06-06", "close": 22.299999, "volume": 24900, "typical_volume": 276208.85, "trend": 25.493333, "fair_value": 33.822281, "relative_strength": -6.068916, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -38.415322, "energy": 24.655457, "activity_lines": [ 22.473333, 21.752727, 23.654048, 24.772365 ] }, { "date": "2025-06-13", "close": 22.049999, "volume": 140866, "typical_volume": 257158.8, "trend": 25.405, "fair_value": 33.689206, "relative_strength": -8.613648, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -38.671668, "energy": 25.870849, "activity_lines": [ 22.393333, 21.841818, 23.304524, 24.550215 ] }, { "date": "2025-06-20", "close": 22.700001, "volume": 182320, "typical_volume": 237222.6, "trend": 25.366667, "fair_value": 33.571082, "relative_strength": -5.735257, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -37.840755, "energy": 25.29432, "activity_lines": [ 22.453333, 22.114545, 23.050238, 24.375699 ] }, { "date": "2025-06-27", "close": 22.0, "volume": 160542, "typical_volume": 214232.6, "trend": 25.296667, "fair_value": 33.468543, "relative_strength": -10.730077, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -41.619499, "energy": 27.609724, "activity_lines": [ 22.27, 22.2, 22.778809, 24.158495 ] }, { "date": "2025-07-04", "close": 22.65, "volume": 281531, "typical_volume": 214508.75, "trend": 25.235, "fair_value": 33.344107, "relative_strength": -7.891894, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -37.404772, "energy": 24.056874, "activity_lines": [ 22.383333, 22.350909, 22.609048, 23.987742 ] }, { "date": "2025-07-11", "close": 21.0, "volume": 221513, "typical_volume": 196300.35, "trend": 25.12, "fair_value": 33.244146, "relative_strength": -15.197098, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.169664, "energy": 39.05664, "activity_lines": [ 21.936667, 22.148182, 22.316429, 23.714516 ] }, { "date": "2025-07-18", "close": 22.35, "volume": 428040, "typical_volume": 205979.55, "trend": 25.07, "fair_value": 33.166619, "relative_strength": -12.111276, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -49.42373, "energy": 32.626336, "activity_lines": [ 22.026667, 22.178182, 22.199524, 23.535806 ] }, { "date": "2025-07-25", "close": 24.9, "volume": 411402, "typical_volume": 213455.65, "trend": 25.131667, "fair_value": 33.10454, "relative_strength": -2.067395, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -5.746508, "energy": 7.241877, "activity_lines": [ 22.946667, 22.645455, 22.366667, 23.524839 ] }, { "date": "2025-08-01", "close": 22.9, "volume": 242906, "typical_volume": 219236.6, "trend": 25.013333, "fair_value": 33.014661, "relative_strength": -10.088634, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -18.959195, "energy": 11.646676, "activity_lines": [ 23.053333, 22.706364, 22.363571, 23.38086 ] }, { "date": "2025-08-08", "close": 24.450001, "volume": 307674, "typical_volume": 224810.65, "trend": 24.905, "fair_value": 32.942507, "relative_strength": -6.281182, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 0.592903, "energy": 13.634909, "activity_lines": [ 23.616667, 23.054546, 22.541429, 23.344516 ] }, { "date": "2025-08-15", "close": 28.1, "volume": 684417, "typical_volume": 245538.05, "trend": 24.916667, "fair_value": 32.889557, "relative_strength": 6.074618, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 41.613928, "energy": 43.596253, "activity_lines": [ 25.276667, 24.030909, 23.090952, 23.550645 ] }, { "date": "2025-08-22", "close": 30.200001, "volume": 1061859, "typical_volume": 290225.0, "trend": 24.955, "fair_value": 32.827599, "relative_strength": 16.144054, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 49.146944, "energy": 67.195289, "activity_lines": [ 27.163334, 25.283637, 23.830476, 23.891505 ] }, { "date": "2025-08-29", "close": 32.650002, "volume": 1386329, "typical_volume": 332089.5, "trend": 24.94, "fair_value": 32.761273, "relative_strength": 22.226351, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 61.813593, "energy": 79.810118, "activity_lines": [ 29.343334, 26.833637, 24.781667, 24.387957 ] }, { "date": "2025-09-05", "close": 33.700001, "volume": 861659, "typical_volume": 363894.45, "trend": 25.051667, "fair_value": 32.713662, "relative_strength": 23.788465, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 56.996018, "energy": 82.079686, "activity_lines": [ 31.356668, 28.393637, 25.769762, 24.953119 ] }, { "date": "2025-09-12", "close": 34.849998, "volume": 667875, "typical_volume": 391693.65, "trend": 25.218333, "fair_value": 32.673722, "relative_strength": 22.266253, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 82.197666, "energy": 92.544352, "activity_lines": [ 33.033333, 29.95, 26.797857, 25.585269 ] }, { "date": "2025-09-19", "close": 31.6, "volume": 833605, "typical_volume": 424545.15, "trend": 25.241667, "fair_value": 32.604261, "relative_strength": 9.873633, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.143495, "energy": 83.579942, "activity_lines": [ 32.933333, 30.693637, 27.444286, 25.996989 ] }, { "date": "2025-09-26", "close": 30.6, "volume": 364694, "typical_volume": 436745.2, "trend": 25.228333, "fair_value": 32.530787, "relative_strength": 5.938155, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.045402, "energy": 57.745012, "activity_lines": [ 32.266667, 31.062727, 27.941667, 26.342688 ] }, { "date": "2025-10-03", "close": 31.1, "volume": 180558, "typical_volume": 435821.35, "trend": 25.293333, "fair_value": 32.460517, "relative_strength": 2.771148, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 60.034059, "energy": 49.369123, "activity_lines": [ 31.74, 31.372727, 28.440476, 26.721505 ] }, { "date": "2025-10-10", "close": 32.349998, "volume": 183400, "typical_volume": 433547.35, "trend": 25.375, "fair_value": 32.428219, "relative_strength": 4.682168, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 51.97565, "energy": 39.823164, "activity_lines": [ 31.733333, 31.797272, 29.017619, 27.176774 ] }, { "date": "2025-10-17", "close": 31.299999, "volume": 351011, "typical_volume": 448855.05, "trend": 25.435, "fair_value": 32.3826, "relative_strength": 1.068726, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 44.564812, "energy": 33.457067, "activity_lines": [ 31.466666, 31.85909, 29.45119, 27.559032 ] }, { "date": "2025-10-24", "close": 29.450001, "volume": 212283, "typical_volume": 458224.2, "trend": 25.55, "fair_value": 32.336805, "relative_strength": -5.741415, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 40.904328, "energy": 28.819555, "activity_lines": [ 30.82, 31.46, 29.666667, 27.818065 ] }, { "date": "2025-10-31", "close": 28.6, "volume": 171784, "typical_volume": 459770.1, "trend": 25.648333, "fair_value": 32.285562, "relative_strength": -10.566365, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 36.393902, "energy": 21.286715, "activity_lines": [ 30.033333, 30.881818, 29.767143, 28.014839 ] }, { "date": "2025-11-07", "close": 27.5, "volume": 142843, "typical_volume": 457796.25, "trend": 25.918333, "fair_value": 32.231162, "relative_strength": -12.039341, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 22.977872, "energy": 19.233221, "activity_lines": [ 29.013333, 30.132727, 29.731667, 28.134301 ] }, { "date": "2025-11-14", "close": 25.700001, "volume": 295867, "typical_volume": 464562.5, "trend": 26.138333, "fair_value": 32.156236, "relative_strength": -16.878544, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -6.128271, "energy": 20.638753, "activity_lines": [ 27.633334, 29.15, 29.501905, 28.120215 ] }, { "date": "2025-11-21", "close": 26.700001, "volume": 117150, "typical_volume": 456343.45, "trend": 26.371667, "fair_value": 32.083226, "relative_strength": -10.440825, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -1.700414, "energy": 22.618236, "activity_lines": [ 27.030001, 28.494546, 29.349762, 28.156452 ] }, { "date": "2025-11-28", "close": 26.6, "volume": 215794, "typical_volume": 456057.5, "trend": 26.581667, "fair_value": 32.014369, "relative_strength": -14.494223, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": -3.966975, "energy": 28.605549, "activity_lines": [ 26.7, 27.969091, 29.16881, 28.171183 ] }, { "date": "2025-12-05", "close": 26.700001, "volume": 98012, "typical_volume": 439556.1, "trend": 26.775, "fair_value": 31.948849, "relative_strength": -15.047641, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -21.822201, "energy": 44.660435, "activity_lines": [ 26.593334, 27.552728, 28.970714, 28.178817 ] }, { "date": "2025-12-12", "close": 29.700001, "volume": 473780, "typical_volume": 442675.0, "trend": 27.013333, "fair_value": 31.894471, "relative_strength": -6.228601, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 11.242731, "energy": 13.692102, "activity_lines": [ 27.613334, 27.752728, 29.037619, 28.367527 ] }, { "date": "2025-12-19", "close": 30.200001, "volume": 331887, "typical_volume": 447124.05, "trend": 27.246667, "fair_value": 31.850188, "relative_strength": -3.013132, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 34.446309, "energy": 20.236817, "activity_lines": [ 28.653334, 28.069092, 29.129286, 28.573119 ] }, { "date": "2025-12-26", "close": 28.85, "volume": 209046, "typical_volume": 442192.65, "trend": 27.458333, "fair_value": 31.795454, "relative_strength": -10.116843, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 28.833383, "energy": 21.81017, "activity_lines": [ 28.943334, 28.179092, 29.057619, 28.676559 ] }, { "date": "2026-01-02", "close": 30.35, "volume": 421468, "typical_volume": 429045.2, "trend": 27.726667, "fair_value": 31.753631, "relative_strength": -7.839597, "stage": 3, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 44.172346, "energy": 32.297707, "activity_lines": [ 29.59, 28.606364, 29.107857, 28.863119 ] }, { "date": "2026-01-09", "close": 30.1, "volume": 436371, "typical_volume": 397770.8, "trend": 27.995, "fair_value": 31.715898, "relative_strength": -11.104572, "stage": 3, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 42.376249, "energy": 29.703203, "activity_lines": [ 29.903334, 28.971819, 29.123572, 29.016237 ] }, { "date": "2026-01-16", "close": 32.099998, "volume": 1101927, "typical_volume": 383550.7, "trend": 28.308333, "fair_value": 31.683196, "relative_strength": -8.287533, "stage": 3, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 67.374766, "energy": 45.326167, "activity_lines": [ 30.656666, 29.673636, 29.330238, 29.281075 ] }, { "date": "2026-01-23", "close": 31.65, "volume": 576844, "typical_volume": 369309.95, "trend": 28.63, "fair_value": 31.651504, "relative_strength": -10.729448, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 53.428032, "energy": 49.660502, "activity_lines": [ 31.099999, 30.21, 29.496667, 29.496667 ] }, { "date": "2026-01-30", "close": 29.35, "volume": 669334, "typical_volume": 369382.9, "trend": 28.853333, "fair_value": 31.605967, "relative_strength": -16.771333, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 41.229098, "energy": 32.460317, "activity_lines": [ 30.68, 30.22, 29.45381, 29.543118 ] }, { "date": "2026-02-06", "close": 29.25, "volume": 462003, "typical_volume": 350802.8, "trend": 29.128333, "fair_value": 31.534179, "relative_strength": -15.773598, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 35.611208, "energy": 21.461812, "activity_lines": [ 30.193333, 30.163636, 29.427619, 29.56871 ] }, { "date": "2026-02-13", "close": 27.15, "volume": 220067, "typical_volume": 343571.45, "trend": 29.288333, "fair_value": 31.445149, "relative_strength": -25.429336, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -17.560842, "energy": 12.451951, "activity_lines": [ 29.08, 29.677273, 29.212619, 29.441075 ] }, { "date": "2026-02-27", "close": 28.700001, "volume": 301601, "typical_volume": 349623.6, "trend": 29.415, "fair_value": 31.374562, "relative_strength": -24.53952, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -16.315471, "energy": 17.810855, "activity_lines": [ 28.68, 29.464545, 29.161667, 29.403118 ] }, { "date": "2026-03-06", "close": 26.9, "volume": 239520, "typical_volume": 352429.6, "trend": 29.548334, "fair_value": 31.19918, "relative_strength": -24.718241, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -58.528455, "energy": 36.803529, "activity_lines": [ 27.906667, 28.942727, 28.950714, 29.24086 ] }, { "date": "2026-03-13", "close": 26.1, "volume": 224855, "typical_volume": 346121.8, "trend": 29.603333, "fair_value": 31.023711, "relative_strength": -25.837812, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -64.859444, "energy": 55.557367, "activity_lines": [ 27.183334, 28.335455, 28.689524, 29.018387 ] }, { "date": "2026-03-20", "close": 25.200001, "volume": 268341, "typical_volume": 348924.7, "trend": 29.506667, "fair_value": 30.845624, "relative_strength": -27.899109, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -68.442892, "energy": 63.894075, "activity_lines": [ 26.376667, 27.614546, 28.367381, 28.734301 ] }, { "date": "2026-03-27", "close": 26.0, "volume": 197984, "typical_volume": 350234.7, "trend": 29.366667, "fair_value": 30.672035, "relative_strength": -23.878271, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.038032, "energy": 60.41362, "activity_lines": [ 26.106667, 27.132728, 28.141667, 28.508065 ] }, { "date": "2026-04-03", "close": 27.1, "volume": 255198, "typical_volume": 355852.45, "trend": 29.181667, "fair_value": 30.494785, "relative_strength": -18.779362, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -55.984299, "energy": 47.993094, "activity_lines": [ 26.28, 26.925455, 28.033095, 28.361828 ] }, { "date": "2026-04-10", "close": 28.049999, "volume": 422996, "typical_volume": 362208.9, "trend": 28.993333, "fair_value": 30.350089, "relative_strength": -22.082815, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -52.026412, "energy": 30.262999, "activity_lines": [ 26.876666, 26.981818, 28.016905, 28.288817 ] }, { "date": "2026-04-17", "close": 31.75, "volume": 1004301, "typical_volume": 406566.45, "trend": 28.89, "fair_value": 30.239823, "relative_strength": -14.91704, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -8.026061, "energy": 10.459316, "activity_lines": [ 28.63, 27.776364, 28.341905, 28.466667 ] }, { "date": "2026-04-24", "close": 31.700001, "volume": 3682958, "typical_volume": 579924.65, "trend": 28.893333, "fair_value": 30.134277, "relative_strength": -19.433742, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 8.459656, "energy": 16.485915, "activity_lines": [ 29.99, 28.518182, 28.638095, 28.647957 ] }, { "date": "2026-05-01", "close": 33.900002, "volume": 656921, "typical_volume": 607870.1, "trend": 29.003334, "fair_value": 30.047245, "relative_strength": -13.631685, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 36.509927, "energy": 32.783812, "activity_lines": [ 31.650001, 29.615455, 29.119524, 28.970968 ] }, { "date": "2026-05-08", "close": 40.150002, "volume": 2101736, "typical_volume": 689267.9, "trend": 29.305, "fair_value": 29.996181, "relative_strength": -4.270061, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 82.025029, "energy": 74.63117, "activity_lines": [ 34.866668, 31.726364, 30.161905, 29.690108 ] }, { "date": "2026-05-15", "close": 43.75, "volume": 2395893, "typical_volume": 792468.2, "trend": 29.685, "fair_value": 29.959687, "relative_strength": 5.279709, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 85.687268, "energy": 84.565109, "activity_lines": [ 38.413334, 34.283637, 31.497381, 30.622043 ] }, { "date": "2026-05-22", "close": 49.900002, "volume": 5374844, "typical_volume": 1050758.1, "trend": 30.305, "fair_value": 29.981205, "relative_strength": 16.637107, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 89.923362, "energy": 90.379641, "activity_lines": [ 42.963335, 37.652728, 33.354048, 31.926237 ] }, { "date": "2026-05-29", "close": 48.049999, "volume": 2062283, "typical_volume": 1132798.85, "trend": 30.925, "fair_value": 29.988028, "relative_strength": 6.118586, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 76.648258, "energy": 86.482631, "activity_lines": [ 45.686667, 40.252728, 34.934286, 33.071076 ] }, { "date": "2026-06-05", "close": 46.400002, "volume": 906136, "typical_volume": 1156287.1, "trend": 31.518334, "fair_value": 29.977343, "relative_strength": 1.753456, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.68664, "energy": 81.190829, "activity_lines": [ 46.770001, 42.137274, 36.273096, 34.069463 ] }, { "date": "2026-06-12", "close": 41.75, "volume": 877822, "typical_volume": 1145081.85, "trend": 31.993334, "fair_value": 29.921098, "relative_strength": -6.424397, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 63.581014, "energy": 55.861726, "activity_lines": [ 45.470001, 42.805455, 37.091429, 34.72957 ] }, { "date": "2026-06-19", "close": 47.200001, "volume": 1166340, "typical_volume": 1174556.65, "trend": 32.71, "fair_value": 29.913336, "relative_strength": 0.530765, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.046909, "energy": 49.781636, "activity_lines": [ 45.880001, 44.198183, 38.382858, 35.710646 ] }, { "date": "2026-06-26", "close": 43.900002, "volume": 846512, "typical_volume": 1183415.55, "trend": 33.283334, "fair_value": 29.886311, "relative_strength": -2.44275, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 56.125073, "energy": 39.073465, "activity_lines": [ 44.960001, 44.642728, 39.285953, 36.432581 ] }, { "date": "2026-07-03", "close": 44.849998, "volume": 356522, "typical_volume": 1178141.5, "trend": 33.891667, "fair_value": 29.861594, "relative_strength": -5.009504, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 43.701725, "energy": 31.010301, "activity_lines": [ 44.756667, 45.039091, 40.210239, 37.178818 ] }, { "date": "2026-07-10", "close": 41.5, "volume": 298650, "typical_volume": 1182070.65, "trend": 34.385, "fair_value": 29.82643, "relative_strength": -9.186189, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 40.118763, "energy": 27.18427, "activity_lines": [ 43.65, 44.587273, 40.741191, 37.669678 ] }, { "date": "2026-07-17", "close": 44.950001, "volume": 805665, "typical_volume": 1207273.85, "trend": 34.893334, "fair_value": 29.820313, "relative_strength": 4.289383, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 40.513955, "energy": 24.439662, "activity_lines": [ 44.02, 44.624546, 41.532382, 38.351291 ] }, { "date": "2026-07-24", "close": 42.700001, "volume": 425133, "typical_volume": 1216554.5, "trend": 35.31, "fair_value": 29.798512, "relative_strength": -3.20409, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 38.36582, "energy": 22.690628, "activity_lines": [ 43.426667, 44.165455, 42.031905, 38.854947 ] }, { "date": "2026-07-31", "close": 40.799999, "volume": 435992, "typical_volume": 1227111.35, "trend": 35.708334, "fair_value": 29.771148, "relative_strength": -6.149969, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 33.41765, "energy": 16.707516, "activity_lines": [ 42.5, 43.38, 42.275239, 39.20914 ] }, { "date": "2026-08-07", "close": 42.0, "volume": 400475, "typical_volume": 1233718.05, "trend": 36.096667, "fair_value": 29.74675, "relative_strength": -5.756566, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 32.226928, "energy": 15.978392, "activity_lines": [ 42.18, 42.978182, 42.562858, 39.615054 ] }, { "date": "2026-08-14", "close": 42.099998, "volume": 372077, "typical_volume": 1242422.7, "trend": 36.496667, "fair_value": 29.712912, "relative_strength": -8.628472, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 21.360702, "energy": 11.922501, "activity_lines": [ 42.083333, 42.704545, 42.78, 40.002366 ] } ], "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." } } }