{ "ticker": { "uuid": "05813c94-c34e-4258-a985-b8c58e74d2ec", "symbol": "4322", "name": "Retal Urban Development Company", "exchange": "SAU", "country": "SA", "assetType": "equity" }, "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.", "analysis": { "eligible": true, "as_of": "2026-08-07", "benchmark": "^TASI.SR", "stage": 4, "stage_name": "Declining", "phase": "4a", "phase_label": "Stage 4A \u00b7 Breakdown", "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": -90.182, "architecture_energy": 94.412, "architecture_maturity": 23.633, "architecture_confidence": 80.532, "architecture_tenure": "New", "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": 7.82, "rotation_up": 9.03, "upward_expansion": 21.94, "deceleration": 37.01, "rotation_down": 87.0, "downward_expansion": 99.94 }, "activity_lines": [ 10.37, 10.998364, 11.811048, 12.272839 ], "activity_state": "Wide", "activity_direction": "Expanding", "rotation_direction": "Weakening", "price_acceptance": -1.0 }, "latest_close": 9.5, "trend_reference": 12.589667, "distance_from_trend": -0.245413, "trend_direction": "Weakening", "fair_value": 12.164327, "distance_from_fair_value": -0.219028, "fair_value_direction": "Weakening", "relative_strength": -21.917733, "relative_strength_direction": "Weakening", "price_momentum": -0.221949, "excess_performance": -0.19012, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.245413, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.012627, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.219028, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -0.362969, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.219177, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.256688, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.221949, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.402871, "read": "Supply-led" } ], "volume": { "latest": 19823668, "relative_activity": 3.88483, "balance": 0.402871, "dry_up": 1.355792, "accumulation_observations": 2, "distribution_observations": 3 }, "risk": { "range_context": 0.084939, "annualized_volatility": 0.356288, "from_high_reference": -0.383117, "from_low_reference": 0.018221 }, "levels": { "trend_reference": 12.589667, "fair_value_reference": 12.164327, "structural_low": 9.33, "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": 9, "median_return": 0.014913, "positive_rate": 0.666667, "directional_follow_through": 0.333333, "median_excess_return": -0.033913, "regime_survival": 0.888889, "best_return": 0.115223, "worst_return": -0.155957, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 3, "median_return": 0.081024, "positive_rate": 0.666667, "directional_follow_through": 0.333333, "median_excess_return": 0.055872, "regime_survival": 0.666667, "best_return": 0.126418, "worst_return": -0.195531, "sufficient": false }, { "horizon": "Extended", "sample_count": 2, "median_return": -0.084218, "positive_rate": 0.0, "directional_follow_through": 1.0, "median_excess_return": -0.093668, "regime_survival": 0.5, "best_return": -0.038088, "worst_return": -0.130349, "sufficient": false }, { "horizon": "Full cycle", "sample_count": 1, "median_return": -0.163472, "positive_rate": 0.0, "directional_follow_through": 1.0, "median_excess_return": -0.18202, "regime_survival": 0.0, "best_return": -0.163472, "worst_return": -0.163472, "sufficient": false } ], "ledger": [ { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2024-02-02", "end": "2024-02-23", "tenure": "New", "return": 0.048753, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-03-01", "end": "2024-05-03", "tenure": "Developing", "return": -0.052356, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-05-10", "end": "2024-05-24", "tenure": "New", "return": 0.046237, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-05-31", "end": "2025-01-03", "tenure": "Extended", "return": 0.681864, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-01-10", "end": "2025-01-24", "tenure": "New", "return": 0.046366, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-01-31", "end": "2025-03-14", "tenure": "Developing", "return": -0.139151, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-03-21", "end": "2025-04-18", "tenure": "Developing", "return": 0.113232, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-04-25", "end": "2025-05-09", "tenure": "New", "return": -0.043676, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-05-16", "end": "2025-06-06", "tenure": "New", "return": -0.081425, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-06-13", "end": "2026-01-30", "tenure": "Extended", "return": -0.103569, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-02-06", "end": "2026-03-06", "tenure": "Developing", "return": 0.026208, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-03-13", "end": "2026-06-05", "tenure": "Established", "return": -0.116547, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2026-06-12", "end": "2026-07-24", "tenure": "Developing", "return": -0.056445, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-07-31", "end": "2026-08-07", "tenure": "New", "return": -0.064961, "active": true } ], "chart_path": [ { "date": "2023-08-04", "close": 8.529538, "volume": 5867843, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-08-11", "close": 8.426208, "volume": 4645548, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-08-18", "close": 8.416815, "volume": 2899490, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-08-25", "close": 8.379239, "volume": 2973574, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-09-01", "close": 8.33227, "volume": 2452702, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-09-08", "close": 8.351058, "volume": 3140150, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-09-15", "close": 8.55772, "volume": 7348481, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-09-22", "close": 8.595294, "volume": 4899699, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-09-29", "close": 8.379239, "volume": 2082298, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-10-06", "close": 8.054018, "volume": 2041458, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-10-13", "close": 7.795753, "volume": 1905519, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-10-20", "close": 7.910538, "volume": 3217363, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-10-27", "close": 7.633143, "volume": 2616446, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-11-03", "close": 7.652273, "volume": 2708764, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-11-10", "close": 7.508793, "volume": 2339459, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-11-17", "close": 7.7001, "volume": 70074003, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-11-24", "close": 7.728796, "volume": 4209216, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-12-01", "close": 7.862711, "volume": 9731019, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-12-08", "close": 7.7001, "volume": 3559273, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-12-15", "close": 7.795753, "volume": 3527091, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-12-22", "close": 7.862711, "volume": 3401395, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-12-29", "close": 8.120975, "volume": 6500150, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-01-05", "close": 8.120975, "volume": 4357593, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-01-12", "close": 8.149671, "volume": 4957555, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-01-19", "close": 7.967929, "volume": 3285799, "typical_volume": 7295136.55, "trend": 8.155343, "fair_value": 7.64205, "relative_strength": -5.777733, "stage": 4, "regime": "balance", "modifier": "Neutral compression", "gate": "down", "direction": -4.629977, "energy": 17.926262, "activity_lines": [ 8.060394, 7.973495, 7.908813, 8.002255 ] }, { "date": "2024-01-26", "close": 8.379239, "volume": 8092622, "typical_volume": 7542760.15, "trend": 8.149581, "fair_value": 7.651152, "relative_strength": -2.695748, "stage": 4, "regime": "balance", "modifier": "Neutral compression", "gate": "mixed", "direction": 32.204899, "energy": 33.429342, "activity_lines": [ 8.17199, 8.060452, 7.947561, 8.0167 ] }, { "date": "2024-02-02", "close": 8.43663, "volume": 5295038, "typical_volume": 7440088.0, "trend": 8.145733, "fair_value": 7.660731, "relative_strength": -0.196916, "stage": 4, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 33.579035, "energy": 46.49336, "activity_lines": [ 8.268281, 8.145497, 7.991642, 8.035219 ] }, { "date": "2024-02-09", "close": 8.771418, "volume": 7521014, "typical_volume": 7571153.75, "trend": 8.142523, "fair_value": 7.674112, "relative_strength": 1.120656, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 43.869792, "energy": 57.315502, "activity_lines": [ 8.455124, 8.278542, 8.068183, 8.075586 ] }, { "date": "2024-02-16", "close": 8.800115, "volume": 4759180, "typical_volume": 7704997.85, "trend": 8.15079, "fair_value": 7.687517, "relative_strength": -0.853714, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 51.898449, "energy": 72.205233, "activity_lines": [ 8.60817, 8.400283, 8.146619, 8.118011 ] }, { "date": "2024-02-23", "close": 8.84794, "volume": 4292029, "typical_volume": 7817526.4, "trend": 8.158899, "fair_value": 7.701169, "relative_strength": -1.471756, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 74.727043, "energy": 83.406869, "activity_lines": [ 8.733794, 8.510719, 8.227606, 8.162988 ] }, { "date": "2024-03-01", "close": 9.134901, "volume": 9564347, "typical_volume": 8200467.8, "trend": 8.179078, "fair_value": 7.71784, "relative_strength": 1.713199, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 85.303475, "energy": 92.0333, "activity_lines": [ 8.896405, 8.654199, 8.332141, 8.225956 ] }, { "date": "2024-03-08", "close": 8.819245, "volume": 3544034, "typical_volume": 8216801.35, "trend": 8.192179, "fair_value": 7.7305, "relative_strength": -1.459855, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.429356, "energy": 81.225688, "activity_lines": [ 8.90342, 8.717156, 8.400237, 8.267257 ] }, { "date": "2024-03-15", "close": 9.020117, "volume": 7902949, "typical_volume": 8481126.5, "trend": 8.212289, "fair_value": 7.745155, "relative_strength": -0.550601, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 69.956017, "energy": 69.686076, "activity_lines": [ 8.951884, 8.80394, 8.483137, 8.320673 ] }, { "date": "2024-03-22", "close": 9.259252, "volume": 5080974, "typical_volume": 8599737.0, "trend": 8.241623, "fair_value": 7.762167, "relative_strength": 1.055307, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 77.047249, "energy": 62.277502, "activity_lines": [ 9.06348, 8.917855, 8.582207, 8.388219 ] }, { "date": "2024-03-29", "close": 9.182727, "volume": 4999566, "typical_volume": 8732742.35, "trend": 8.269971, "fair_value": 7.777951, "relative_strength": 2.150034, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 68.144935, "energy": 56.738177, "activity_lines": [ 9.118959, 8.997682, 8.666336, 8.448935 ] }, { "date": "2024-04-05", "close": 9.278381, "volume": 3660914, "typical_volume": 5412087.9, "trend": 8.300882, "fair_value": 7.79444, "relative_strength": 1.819851, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 69.76251, "energy": 57.039437, "activity_lines": [ 9.184003, 9.072813, 8.751604, 8.513994 ] }, { "date": "2024-04-19", "close": 8.895767, "volume": 1600037, "typical_volume": 5281628.95, "trend": 8.31215, "fair_value": 7.806411, "relative_strength": -1.053419, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 60.290292, "energy": 47.362921, "activity_lines": [ 9.111944, 9.062031, 8.792917, 8.552374 ] }, { "date": "2024-04-26", "close": 8.780983, "volume": 1284728, "typical_volume": 4859314.4, "trend": 8.31834, "fair_value": 7.81689, "relative_strength": -0.629363, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 46.559609, "energy": 33.573035, "activity_lines": [ 8.996522, 9.02203, 8.817742, 8.582621 ] }, { "date": "2024-05-03", "close": 8.656634, "volume": 1178855, "typical_volume": 4740293.5, "trend": 8.327586, "fair_value": 7.825823, "relative_strength": -3.077122, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 39.256197, "energy": 22.366981, "activity_lines": [ 8.855593, 8.959246, 8.82635, 8.604446 ] }, { "date": "2024-05-10", "close": 9.055511, "volume": 6233364, "typical_volume": 4875607.15, "trend": 8.360969, "fair_value": 7.838767, "relative_strength": 1.556275, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 41.267472, "energy": 23.722153, "activity_lines": [ 8.887797, 8.971595, 8.868393, 8.651409 ] }, { "date": "2024-05-17", "close": 8.919192, "volume": 2813803, "typical_volume": 4846227.55, "trend": 8.398417, "fair_value": 7.850022, "relative_strength": 0.946085, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 34.146857, "energy": 19.503397, "activity_lines": [ 8.883043, 8.955384, 8.891453, 8.687424 ] }, { "date": "2024-05-24", "close": 9.474207, "volume": 7686446, "typical_volume": 4905542.35, "trend": 8.45054, "fair_value": 7.866766, "relative_strength": 9.038605, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 67.635053, "energy": 37.272784, "activity_lines": [ 9.087239, 9.044007, 8.962341, 8.756829 ] }, { "date": "2024-05-31", "close": 9.386574, "volume": 3649255, "typical_volume": 4870125.45, "trend": 8.508987, "fair_value": 7.882274, "relative_strength": 12.517067, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.066192, "energy": 43.210523, "activity_lines": [ 9.223662, 9.104788, 9.01844, 8.817219 ] }, { "date": "2024-06-07", "close": 9.318414, "volume": 4178441, "typical_volume": 4831169.75, "trend": 8.564525, "fair_value": 7.896781, "relative_strength": 11.051986, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 57.340719, "energy": 46.742866, "activity_lines": [ 9.296992, 9.146514, 9.06202, 8.86944 ] }, { "date": "2024-06-14", "close": 10.009749, "volume": 10530934, "typical_volume": 5193426.5, "trend": 8.647891, "fair_value": 7.91791, "relative_strength": 19.643279, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 79.638085, "energy": 71.688931, "activity_lines": [ 9.556649, 9.312861, 9.165876, 8.96268 ] }, { "date": "2024-06-28", "close": 10.847141, "volume": 12070502, "typical_volume": 5392320.5, "trend": 8.752792, "fair_value": 7.946913, "relative_strength": 26.52364, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 89.494924, "energy": 85.560676, "activity_lines": [ 10.03182, 9.616425, 9.339761, 9.104567 ] }, { "date": "2024-07-05", "close": 10.710821, "volume": 6431085, "typical_volume": 5449122.85, "trend": 8.852193, "fair_value": 7.97401, "relative_strength": 25.152829, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 82.156511, "energy": 87.297807, "activity_lines": [ 10.333021, 9.86668, 9.488911, 9.230891 ] }, { "date": "2024-07-12", "close": 10.730295, "volume": 4977140, "typical_volume": 5321929.15, "trend": 8.947779, "fair_value": 8.00077, "relative_strength": 23.429262, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 75.567895, "energy": 87.843841, "activity_lines": [ 10.558273, 10.087475, 9.629086, 9.352059 ] }, { "date": "2024-07-19", "close": 11.002934, "volume": 4746561, "typical_volume": 5321298.2, "trend": 9.057873, "fair_value": 8.029637, "relative_strength": 21.928249, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 77.616005, "energy": 89.969466, "activity_lines": [ 10.784823, 10.322399, 9.785899, 9.48465 ] }, { "date": "2024-07-26", "close": 12.638768, "volume": 14606923, "typical_volume": 5837042.9, "trend": 9.219307, "fair_value": 8.073533, "relative_strength": 40.869577, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 95.162229, "energy": 95.458675, "activity_lines": [ 11.44435, 10.812087, 10.088016, 9.715675 ] }, { "date": "2024-08-02", "close": 11.95717, "volume": 9842582, "typical_volume": 5850954.65, "trend": 9.355789, "fair_value": 8.110171, "relative_strength": 32.152748, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 76.31887, "energy": 83.570941, "activity_lines": [ 11.701409, 11.112698, 10.307168, 9.892312 ] }, { "date": "2024-08-09", "close": 12.658243, "volume": 11559325, "typical_volume": 6251719.2, "trend": 9.507031, "fair_value": 8.152677, "relative_strength": 43.127336, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 82.120615, "energy": 78.370112, "activity_lines": [ 12.118157, 11.485541, 10.579649, 10.105373 ] }, { "date": "2024-08-16", "close": 12.794562, "volume": 5423271, "typical_volume": 6127735.3, "trend": 9.662818, "fair_value": 8.195657, "relative_strength": 40.503813, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 78.19143, "energy": 79.055582, "activity_lines": [ 12.450517, 11.825277, 10.846831, 10.317472 ] }, { "date": "2024-08-23", "close": 13.047727, "volume": 13091760, "typical_volume": 6528274.6, "trend": 9.826086, "fair_value": 8.240172, "relative_strength": 38.839659, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 77.312473, "energy": 73.328673, "activity_lines": [ 12.729648, 12.14908, 11.120151, 10.535853 ] }, { "date": "2024-08-30", "close": 12.950356, "volume": 9175605, "typical_volume": 6737076.55, "trend": 9.992167, "fair_value": 8.282991, "relative_strength": 37.228228, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 71.709881, "energy": 73.496078, "activity_lines": [ 12.840002, 12.387374, 11.366158, 10.737419 ] }, { "date": "2024-09-06", "close": 13.534582, "volume": 12744323, "typical_volume": 7191247.0, "trend": 10.164012, "fair_value": 8.330303, "relative_strength": 42.60517, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 79.059082, "energy": 77.436608, "activity_lines": [ 13.124325, 12.678425, 11.649863, 10.965962 ] }, { "date": "2024-09-13", "close": 13.222995, "volume": 9436343, "typical_volume": 7583062.3, "trend": 10.323557, "fair_value": 8.373988, "relative_strength": 40.991825, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.377881, "energy": 64.894712, "activity_lines": [ 13.199626, 12.863961, 11.883627, 11.163316 ] }, { "date": "2024-09-20", "close": 14.177233, "volume": 13807891, "typical_volume": 8209220.45, "trend": 10.503751, "fair_value": 8.425344, "relative_strength": 46.661602, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 83.156514, "energy": 70.501861, "activity_lines": [ 13.555355, 13.177319, 12.187664, 11.41194 ] }, { "date": "2024-09-27", "close": 14.605665, "volume": 6259747, "typical_volume": 8463265.05, "trend": 10.69727, "fair_value": 8.479557, "relative_strength": 46.055795, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 84.901316, "energy": 81.336749, "activity_lines": [ 13.961717, 13.505902, 12.506807, 11.67658 ] }, { "date": "2024-10-04", "close": 14.310609, "volume": 6036659, "typical_volume": 8453429.8, "trend": 10.879359, "fair_value": 8.530262, "relative_strength": 46.65585, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 71.96577, "energy": 67.644693, "activity_lines": [ 14.165865, 13.715335, 12.769522, 11.909698 ] }, { "date": "2024-10-11", "close": 13.48386, "volume": 7128797, "typical_volume": 8669179.5, "trend": 11.024324, "fair_value": 8.572965, "relative_strength": 36.581706, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.654348, "energy": 60.557568, "activity_lines": [ 14.003746, 13.744052, 12.928474, 12.077731 ] }, { "date": "2024-10-18", "close": 14.704297, "volume": 5362445, "typical_volume": 8552979.45, "trend": 11.220492, "fair_value": 8.62537, "relative_strength": 48.342593, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 74.650078, "energy": 60.973735, "activity_lines": [ 14.251821, 13.966909, 13.181922, 12.315148 ] }, { "date": "2024-10-25", "close": 14.310609, "volume": 2196716, "typical_volume": 8480352.5, "trend": 11.396842, "fair_value": 8.67355, "relative_strength": 43.084933, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.635823, "energy": 55.124432, "activity_lines": [ 14.269913, 14.080986, 13.37297, 12.514511 ] }, { "date": "2024-11-01", "close": 14.271238, "volume": 5567195, "typical_volume": 8549790.2, "trend": 11.563908, "fair_value": 8.720589, "relative_strength": 39.65733, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.055276, "energy": 49.767174, "activity_lines": [ 14.26599, 14.16034, 13.536822, 12.699956 ] }, { "date": "2024-11-08", "close": 15.275147, "volume": 9445320, "typical_volume": 8495509.5, "trend": 11.766989, "fair_value": 8.775211, "relative_strength": 46.400001, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 78.482009, "energy": 60.197496, "activity_lines": [ 14.618998, 14.399976, 13.772698, 12.93939 ] }, { "date": "2024-11-15", "close": 15.255463, "volume": 4620469, "typical_volume": 8123007.85, "trend": 11.966225, "fair_value": 8.828767, "relative_strength": 48.468678, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 71.95092, "energy": 57.751041, "activity_lines": [ 14.901142, 14.593765, 13.981627, 13.164453 ] }, { "date": "2024-11-22", "close": 15.255463, "volume": 4163059, "typical_volume": 8009606.55, "trend": 12.178215, "fair_value": 8.881444, "relative_strength": 45.931385, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 69.570975, "energy": 56.833448, "activity_lines": [ 15.06518, 14.756266, 14.169563, 13.376662 ] }, { "date": "2024-11-29", "close": 16.830221, "volume": 16583160, "typical_volume": 8589907.55, "trend": 12.446523, "fair_value": 8.946069, "relative_strength": 61.115103, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 85.321715, "energy": 70.375768, "activity_lines": [ 15.717392, 15.168132, 14.485836, 13.676792 ] }, { "date": "2024-12-06", "close": 17.105801, "volume": 6892080, "typical_volume": 8697183.5, "trend": 12.728162, "fair_value": 9.011873, "relative_strength": 57.285067, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 81.305066, "energy": 72.595349, "activity_lines": [ 16.29349, 15.581867, 14.799307, 13.97739 ] }, { "date": "2024-12-13", "close": 16.239685, "volume": 3675034, "typical_volume": 8150589.05, "trend": 12.967634, "fair_value": 9.069695, "relative_strength": 45.296237, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.114098, "energy": 58.916232, "activity_lines": [ 16.391912, 15.792669, 15.001229, 14.20394 ] }, { "date": "2024-12-20", "close": 16.062527, "volume": 4034781, "typical_volume": 7860199.0, "trend": 13.205745, "fair_value": 9.125194, "relative_strength": 44.215733, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.231584, "energy": 55.640849, "activity_lines": [ 16.366979, 15.936187, 15.169132, 14.403611 ] }, { "date": "2024-12-27", "close": 15.01925, "volume": 2340831, "typical_volume": 7399274.3, "trend": 13.39058, "fair_value": 9.171604, "relative_strength": 33.602181, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 56.886121, "energy": 42.328674, "activity_lines": [ 15.940482, 15.843134, 15.218126, 14.520611 ] }, { "date": "2025-01-03", "close": 15.786944, "volume": 3989628, "typical_volume": 7327592.15, "trend": 13.603926, "fair_value": 9.223286, "relative_strength": 35.879685, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 41.927923, "energy": 28.627908, "activity_lines": [ 15.785631, 15.883934, 15.32899, 14.675215 ] }, { "date": "2025-01-10", "close": 15.708205, "volume": 2904213, "typical_volume": 6818214.8, "trend": 13.816919, "fair_value": 9.273557, "relative_strength": 33.60208, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 37.721997, "energy": 23.019689, "activity_lines": [ 15.674086, 15.883576, 15.418107, 14.810975 ] }, { "date": "2025-01-17", "close": 16.456215, "volume": 4552823, "typical_volume": 6587075.7, "trend": 14.031801, "fair_value": 9.328808, "relative_strength": 36.337745, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 47.007819, "energy": 26.922986, "activity_lines": [ 15.90505, 15.993093, 15.565793, 14.981252 ] }, { "date": "2025-01-24", "close": 16.436533, "volume": 2503010, "typical_volume": 6075010.05, "trend": 14.218114, "fair_value": 9.383066, "relative_strength": 33.381349, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 57.885526, "energy": 36.243632, "activity_lines": [ 16.115019, 16.077558, 15.694911, 15.136396 ] }, { "date": "2025-01-31", "close": 16.692427, "volume": 2729896, "typical_volume": 5739687.7, "trend": 14.417501, "fair_value": 9.43844, "relative_strength": 33.047795, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 61.127073, "energy": 41.443603, "activity_lines": [ 16.385351, 16.187075, 15.83458, 15.296029 ] }, { "date": "2025-02-07", "close": 16.633375, "volume": 1848814, "typical_volume": 5141733.85, "trend": 14.61427, "fair_value": 9.492537, "relative_strength": 30.769661, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 60.227883, "energy": 50.67452, "activity_lines": [ 16.524454, 16.259728, 15.952104, 15.438989 ] }, { "date": "2025-02-14", "close": 16.672745, "volume": 4033363, "typical_volume": 5030414.65, "trend": 14.803264, "fair_value": 9.54612, "relative_strength": 30.033573, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 59.544204, "energy": 49.664788, "activity_lines": [ 16.620252, 16.343119, 16.061682, 15.571794 ] }, { "date": "2025-02-21", "close": 15.983788, "volume": 3147007, "typical_volume": 4885932.05, "trend": 14.914764, "fair_value": 9.593807, "relative_strength": 23.319559, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 54.297157, "energy": 34.338622, "activity_lines": [ 16.422095, 16.309119, 16.095802, 15.647957 ] }, { "date": "2025-02-28", "close": 15.826312, "volume": 1446721, "typical_volume": 4601828.25, "trend": 15.043736, "fair_value": 9.639634, "relative_strength": 23.523241, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 40.029638, "energy": 23.276461, "activity_lines": [ 16.202942, 16.251139, 16.106957, 15.706766 ] }, { "date": "2025-03-07", "close": 14.940512, "volume": 4224984, "typical_volume": 4544955.2, "trend": 15.119812, "fair_value": 9.678327, "relative_strength": 18.364305, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 10.853138, "energy": 12.073233, "activity_lines": [ 15.729202, 16.036399, 16.022595, 15.700106 ] }, { "date": "2025-03-14", "close": 14.369662, "volume": 5682971, "typical_volume": 4719267.95, "trend": 15.172315, "fair_value": 9.712322, "relative_strength": 13.642222, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": -12.026382, "energy": 25.068066, "activity_lines": [ 15.181974, 15.7193, 15.882741, 15.65171 ] }, { "date": "2025-03-21", "close": 15.471992, "volume": 3532529, "typical_volume": 4617534.65, "trend": 15.253124, "fair_value": 9.753758, "relative_strength": 20.679294, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -14.169619, "energy": 25.034885, "activity_lines": [ 15.153104, 15.628394, 15.84759, 15.671044 ] }, { "date": "2025-03-28", "close": 17.223909, "volume": 5391398, "typical_volume": 4414838.55, "trend": 15.395575, "fair_value": 9.807117, "relative_strength": 29.730312, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 34.887353, "energy": 19.602616, "activity_lines": [ 15.788256, 15.860313, 15.973571, 15.798191 ] }, { "date": "2025-04-04", "close": 17.519176, "volume": 1521380, "typical_volume": 4259884.1, "trend": 15.528395, "fair_value": 9.861812, "relative_strength": 31.806896, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 64.348756, "energy": 40.079277, "activity_lines": [ 16.439155, 16.131958, 16.118392, 15.935198 ] }, { "date": "2025-04-11", "close": 16.436533, "volume": 6174227, "typical_volume": 4360442.5, "trend": 15.635513, "fair_value": 9.908113, "relative_strength": 26.232819, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 47.058992, "energy": 34.340432, "activity_lines": [ 16.616316, 16.187075, 16.149325, 15.993787 ] }, { "date": "2025-04-18", "close": 17.223909, "volume": 2804533, "typical_volume": 3671511.15, "trend": 15.737069, "fair_value": 9.959272, "relative_strength": 30.022291, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 58.873823, "energy": 45.003804, "activity_lines": [ 16.956201, 16.390004, 16.249622, 16.096264 ] }, { "date": "2025-04-25", "close": 17.282963, "volume": 1959524, "typical_volume": 3424883.35, "trend": 15.826312, "fair_value": 10.010131, "relative_strength": 26.516075, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 59.090156, "energy": 58.99232, "activity_lines": [ 17.125487, 16.592933, 16.353669, 16.195999 ] }, { "date": "2025-05-02", "close": 16.042841, "volume": 2848477, "typical_volume": 3383555.5, "trend": 15.884053, "fair_value": 10.051736, "relative_strength": 18.363854, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 45.424144, "energy": 26.737233, "activity_lines": [ 16.760668, 16.55929, 16.338765, 16.209969 ] }, { "date": "2025-05-09", "close": 16.528112, "volume": 2713952, "typical_volume": 3317514.05, "trend": 15.985528, "fair_value": 10.096095, "relative_strength": 22.360666, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 45.165643, "energy": 23.394792, "activity_lines": [ 16.636344, 16.612805, 16.371014, 16.251521 ] }, { "date": "2025-05-16", "close": 15.576855, "volume": 4151583, "typical_volume": 3408051.65, "trend": 16.014614, "fair_value": 10.133379, "relative_strength": 12.972405, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 16.690998, "energy": 9.622035, "activity_lines": [ 16.261005, 16.480604, 16.310451, 16.225155 ] }, { "date": "2025-05-23", "close": 15.041772, "volume": 7167747, "typical_volume": 3566957.6, "trend": 16.038986, "fair_value": 10.166544, "relative_strength": 10.891506, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -10.857533, "energy": 16.366228, "activity_lines": [ 15.764617, 16.239545, 16.196272, 16.162391 ] }, { "date": "2025-05-30", "close": 14.447235, "volume": 9741922, "typical_volume": 3908843.05, "trend": 16.044852, "fair_value": 10.195273, "relative_strength": 7.535343, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -36.786512, "energy": 36.7432, "activity_lines": [ 15.215526, 15.878169, 16.029019, 16.059698 ] }, { "date": "2025-06-06", "close": 14.308509, "volume": 1416539, "typical_volume": 3752028.85, "trend": 16.012631, "fair_value": 10.222695, "relative_strength": 5.561905, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -67.721785, "energy": 64.313351, "activity_lines": [ 14.809242, 15.510201, 15.854559, 15.947675 ] }, { "date": "2025-06-13", "close": 14.189602, "volume": 1945305, "typical_volume": 3724143.6, "trend": 15.977102, "fair_value": 10.248966, "relative_strength": 5.43662, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.188638, "energy": 68.594809, "activity_lines": [ 14.478943, 15.173621, 15.679001, 15.830061 ] }, { "date": "2025-06-20", "close": 13.595066, "volume": 3093042, "typical_volume": 3742300.9, "trend": 15.921756, "fair_value": 10.27098, "relative_strength": 2.558186, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -72.534686, "energy": 72.699674, "activity_lines": [ 14.106367, 14.789482, 15.45752, 15.676381 ] }, { "date": "2025-06-27", "close": 14.506689, "volume": 2667709, "typical_volume": 3783245.65, "trend": 15.844305, "fair_value": 10.298664, "relative_strength": 4.291738, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.198683, "energy": 62.124081, "activity_lines": [ 14.169785, 14.622755, 15.33761, 15.585086 ] }, { "date": "2025-07-04", "close": 14.992227, "volume": 3887471, "typical_volume": 3775951.05, "trend": 15.773852, "fair_value": 10.329142, "relative_strength": 5.424766, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -56.59559, "energy": 38.652784, "activity_lines": [ 14.43072, 14.593712, 15.274069, 15.530113 ] }, { "date": "2025-07-11", "close": 15.824577, "volume": 4739117, "typical_volume": 3855556.55, "trend": 15.760015, "fair_value": 10.364596, "relative_strength": 10.131343, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -33.404757, "energy": 21.232586, "activity_lines": [ 14.932773, 14.757655, 15.297802, 15.533386 ] }, { "date": "2025-07-18", "close": 15.329131, "volume": 1596346, "typical_volume": 3863037.8, "trend": 15.735569, "fair_value": 10.39642, "relative_strength": 8.497263, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -31.59761, "energy": 20.646762, "activity_lines": [ 15.168606, 14.835485, 15.275108, 15.505587 ] }, { "date": "2025-07-25", "close": 15.368767, "volume": 2029094, "typical_volume": 3753243.3, "trend": 15.747219, "fair_value": 10.451795, "relative_strength": 8.810118, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -26.545368, "energy": 21.257822, "activity_lines": [ 15.341682, 14.942322, 15.258556, 15.481922 ] }, { "date": "2025-08-01", "close": 14.704867, "volume": 1535198, "typical_volume": 3545854.65, "trend": 15.71115, "fair_value": 10.503416, "relative_strength": 3.80561, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -32.666415, "energy": 20.60398, "activity_lines": [ 15.175212, 14.932233, 15.176736, 15.414674 ] }, { "date": "2025-08-08", "close": 13.723883, "volume": 4515617, "typical_volume": 3595009.05, "trend": 15.645006, "fair_value": 10.547029, "relative_strength": -3.452548, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.732562, "energy": 32.38638, "activity_lines": [ 14.668535, 14.749908, 14.999892, 15.286463 ] }, { "date": "2025-08-15", "close": 12.584353, "volume": 4649193, "typical_volume": 3557898.8, "trend": 15.515944, "fair_value": 10.584341, "relative_strength": -10.794635, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -78.175601, "energy": 69.141109, "activity_lines": [ 13.866571, 14.373548, 14.722847, 15.089002 ] }, { "date": "2025-08-22", "close": 12.564536, "volume": 6993885, "typical_volume": 3831524.05, "trend": 15.386877, "fair_value": 10.620379, "relative_strength": -11.320509, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -76.933559, "energy": 79.739655, "activity_lines": [ 13.274016, 14.024934, 14.466007, 14.898588 ] }, { "date": "2025-08-29", "close": 12.386175, "volume": 6155049, "typical_volume": 3830565.15, "trend": 15.243336, "fair_value": 10.655775, "relative_strength": -11.598107, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -75.246527, "energy": 84.347749, "activity_lines": [ 12.806314, 13.673437, 14.215774, 14.704994 ] }, { "date": "2025-09-05", "close": 11.58355, "volume": 3638286, "typical_volume": 3872252.8, "trend": 15.075008, "fair_value": 10.684879, "relative_strength": -16.692788, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -81.927833, "energy": 88.998951, "activity_lines": [ 12.26991, 13.197987, 13.908388, 14.468879 ] }, { "date": "2025-09-12", "close": 11.415099, "volume": 7828892, "typical_volume": 4165721.2, "trend": 14.899753, "fair_value": 10.713262, "relative_strength": -16.283213, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -78.090228, "energy": 88.095194, "activity_lines": [ 11.885443, 12.745059, 13.611818, 14.232756 ] }, { "date": "2025-09-19", "close": 12.772624, "volume": 7448727, "typical_volume": 4395733.7, "trend": 14.792715, "fair_value": 10.746406, "relative_strength": -9.189068, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.70288, "energy": 72.433325, "activity_lines": [ 12.107403, 12.603992, 13.472478, 14.095522 ] }, { "date": "2025-09-26", "close": 12.841987, "volume": 4152949, "typical_volume": 4467683.55, "trend": 14.693237, "fair_value": 10.780925, "relative_strength": -12.897048, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.919748, "energy": 54.321486, "activity_lines": [ 12.339934, 12.531026, 13.355317, 13.969668 ] }, { "date": "2025-10-03", "close": 12.01, "volume": 14009320, "typical_volume": 4960570.4, "trend": 14.595553, "fair_value": 10.808822, "relative_strength": -19.689448, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.349844, "energy": 51.504776, "activity_lines": [ 12.276638, 12.352011, 13.176471, 13.796556 ] }, { "date": "2025-10-10", "close": 12.03, "volume": 5808780, "typical_volume": 4892622.05, "trend": 14.517565, "fair_value": 10.83527, "relative_strength": -20.062813, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -55.105589, "energy": 42.443822, "activity_lines": [ 12.245087, 12.2377, 13.016516, 13.631037 ] }, { "date": "2025-10-17", "close": 11.66, "volume": 10591292, "typical_volume": 4935090.55, "trend": 14.390498, "fair_value": 10.859346, "relative_strength": -23.000437, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -70.258011, "energy": 50.934627, "activity_lines": [ 12.06044, 12.104751, 12.835664, 13.446678 ] }, { "date": "2025-10-24", "close": 11.58, "volume": 5734885, "typical_volume": 5151007.85, "trend": 14.202368, "fair_value": 10.881601, "relative_strength": -22.732355, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -68.581721, "energy": 54.537946, "activity_lines": [ 11.832799, 11.994781, 12.660466, 13.265355 ] }, { "date": "2025-10-31", "close": 11.77, "volume": 6657535, "typical_volume": 5386619.35, "trend": 14.010729, "fair_value": 10.9074, "relative_strength": -21.554971, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.899578, "energy": 55.508412, "activity_lines": [ 11.748, 11.937618, 12.516356, 13.108428 ] }, { "date": "2025-11-07", "close": 11.31, "volume": 2336867, "typical_volume": 5348810.6, "trend": 13.839844, "fair_value": 10.92887, "relative_strength": -21.961784, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -71.532451, "energy": 63.477279, "activity_lines": [ 11.581333, 11.811265, 12.339958, 12.934188 ] }, { "date": "2025-11-14", "close": 12.22, "volume": 14645134, "typical_volume": 5947681.85, "trend": 13.673047, "fair_value": 10.958499, "relative_strength": -14.485066, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -59.66418, "energy": 46.695467, "activity_lines": [ 11.764667, 11.869933, 12.261108, 12.829682 ] }, { "date": "2025-11-21", "close": 12.8, "volume": 19334306, "typical_volume": 6720023.6, "trend": 13.523615, "fair_value": 10.991918, "relative_strength": -8.894893, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -39.574176, "energy": 26.907105, "activity_lines": [ 12.128667, 12.022484, 12.248385, 12.773356 ] }, { "date": "2025-11-28", "close": 11.8, "volume": 5864230, "typical_volume": 6776279.25, "trend": 13.382187, "fair_value": 11.019509, "relative_strength": -12.648844, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -42.906375, "energy": 25.526809, "activity_lines": [ 12.083333, 11.968036, 12.150864, 12.662155 ] }, { "date": "2025-12-05", "close": 12.26, "volume": 10911878, "typical_volume": 7242055.85, "trend": 13.239917, "fair_value": 11.05252, "relative_strength": -8.73287, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -32.359834, "energy": 18.911125, "activity_lines": [ 12.176667, 12.014909, 12.116316, 12.589756 ] }, { "date": "2025-12-12", "close": 12.34, "volume": 4000426, "typical_volume": 7340622.45, "trend": 13.132022, "fair_value": 11.088006, "relative_strength": -8.642441, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -30.17768, "energy": 17.391456, "activity_lines": [ 12.264, 12.086909, 12.104003, 12.531697 ] }, { "date": "2025-12-19", "close": 11.49, "volume": 5504835, "typical_volume": 7539104.3, "trend": 13.013629, "fair_value": 11.120152, "relative_strength": -12.436904, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -49.393142, "energy": 27.990348, "activity_lines": [ 11.999333, 11.998364, 12.02516, 12.42576 ] }, { "date": "2025-12-26", "close": 12.07, "volume": 4116710, "typical_volume": 7519158.95, "trend": 12.934388, "fair_value": 11.153544, "relative_strength": -8.511592, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -34.186774, "energy": 20.063307, "activity_lines": [ 11.976667, 12.025091, 12.016863, 12.364881 ] }, { "date": "2026-01-02", "close": 11.8, "volume": 3270032, "typical_volume": 7450200.9, "trend": 12.850771, "fair_value": 11.183461, "relative_strength": -10.497847, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -40.950613, "energy": 24.338966, "activity_lines": [ 11.912667, 11.995273, 11.990728, 12.291694 ] }, { "date": "2026-01-09", "close": 10.85, "volume": 5500725, "typical_volume": 7375542.9, "trend": 12.739451, "fair_value": 11.207943, "relative_strength": -16.771387, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -68.655843, "energy": 49.616291, "activity_lines": [ 11.532, 11.788727, 11.877852, 12.162612 ] }, { "date": "2026-01-16", "close": 10.97, "volume": 6101199, "typical_volume": 7372850.4, "trend": 12.651949, "fair_value": 11.233339, "relative_strength": -18.11934, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.279716, "energy": 53.77661, "activity_lines": [ 11.285333, 11.620727, 11.784569, 12.048454 ] }, { "date": "2026-01-23", "close": 12.25, "volume": 4817918, "typical_volume": 7431832.0, "trend": 12.576726, "fair_value": 11.267231, "relative_strength": -10.835716, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -44.172969, "energy": 29.932522, "activity_lines": [ 11.556667, 11.691636, 11.819935, 12.022522 ] }, { "date": "2026-01-30", "close": 12.72, "volume": 7073221, "typical_volume": 7394048.45, "trend": 12.500985, "fair_value": 11.304353, "relative_strength": -9.114663, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -16.486133, "energy": 10.874339, "activity_lines": [ 11.934, 11.847455, 11.896889, 12.031765 ] }, { "date": "2026-02-06", "close": 12.21, "volume": 4880353, "typical_volume": 7265629.75, "trend": 12.380499, "fair_value": 11.338861, "relative_strength": -10.907587, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -21.712793, "energy": 13.360196, "activity_lines": [ 12.098, 11.912, 11.919057, 12.012992 ] }, { "date": "2026-02-13", "close": 12.0, "volume": 2951998, "typical_volume": 7205582.2, "trend": 12.269528, "fair_value": 11.371805, "relative_strength": -12.546714, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -10.697115, "energy": 14.882562, "activity_lines": [ 12.164667, 11.930909, 11.923905, 11.988444 ] }, { "date": "2026-02-20", "close": 13.04, "volume": 9605790, "typical_volume": 6985405.7, "trend": 12.191902, "fair_value": 11.410834, "relative_strength": -2.170709, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 26.991836, "energy": 25.425683, "activity_lines": [ 12.501333, 12.143636, 12.03181, 12.038152 ] }, { "date": "2026-02-27", "close": 13.4, "volume": 6867386, "typical_volume": 7038336.0, "trend": 12.148407, "fair_value": 11.450062, "relative_strength": 2.856264, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 43.121499, "energy": 50.855091, "activity_lines": [ 12.82, 12.409091, 12.169095, 12.116094 ] }, { "date": "2026-03-06", "close": 12.53, "volume": 9964760, "typical_volume": 7007009.4, "trend": 12.108611, "fair_value": 11.482405, "relative_strength": -4.2675, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 53.530117, "energy": 49.129666, "activity_lines": [ 12.772, 12.481636, 12.217, 12.140712 ] }, { "date": "2026-03-13", "close": 13.9, "volume": 7942667, "typical_volume": 7117398.5, "trend": 12.152466, "fair_value": 11.525347, "relative_strength": 4.975487, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 70.795116, "energy": 63.351748, "activity_lines": [ 13.193333, 12.794909, 12.391238, 12.256286 ] }, { "date": "2026-03-20", "close": 14.0, "volume": 2221130, "typical_volume": 6895578.25, "trend": 12.200314, "fair_value": 11.570675, "relative_strength": 5.279888, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 69.475912, "energy": 66.647132, "activity_lines": [ 13.535333, 13.088182, 12.563952, 12.375482 ] }, { "date": "2026-03-27", "close": 13.71, "volume": 2330435, "typical_volume": 6895256.65, "trend": 12.244442, "fair_value": 11.61458, "relative_strength": 2.076679, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 62.306201, "energy": 59.427532, "activity_lines": [ 13.647333, 13.271455, 12.698429, 12.472881 ] }, { "date": "2026-04-03", "close": 13.67, "volume": 3858926, "typical_volume": 6355946.25, "trend": 12.31399, "fair_value": 11.660264, "relative_strength": 0.587908, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 60.133497, "energy": 62.116675, "activity_lines": [ 13.701333, 13.397636, 12.817667, 12.564852 ] }, { "date": "2026-04-10", "close": 13.85, "volume": 3483660, "typical_volume": 5563413.95, "trend": 12.395154, "fair_value": 11.705503, "relative_strength": 1.577265, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 60.421398, "energy": 55.5902, "activity_lines": [ 13.797333, 13.530727, 12.947143, 12.66395 ] }, { "date": "2026-04-17", "close": 15.1, "volume": 6362785, "typical_volume": 5588341.7, "trend": 12.472733, "fair_value": 11.759191, "relative_strength": 9.043527, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 78.565721, "energy": 61.885915, "activity_lines": [ 14.222, 13.870545, 13.190667, 12.838456 ] }, { "date": "2026-04-24", "close": 14.6, "volume": 2531469, "typical_volume": 5169321.25, "trend": 12.531333, "fair_value": 11.809891, "relative_strength": 9.925135, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.04751, "energy": 61.873257, "activity_lines": [ 14.4, 14.066909, 13.370857, 12.975699 ] }, { "date": "2026-05-01", "close": 14.81, "volume": 4179949, "typical_volume": 5178297.4, "trend": 12.624667, "fair_value": 11.86172, "relative_strength": 10.845762, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.548609, "energy": 65.048583, "activity_lines": [ 14.608, 14.254182, 13.559905, 13.12271 ] }, { "date": "2026-05-08", "close": 13.62, "volume": 5510268, "typical_volume": 5178569.05, "trend": 12.677667, "fair_value": 11.906211, "relative_strength": 3.751026, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 58.554215, "energy": 43.402914, "activity_lines": [ 14.346, 14.192909, 13.623857, 13.186925 ] }, { "date": "2026-05-15", "close": 12.86, "volume": 12311533, "typical_volume": 5588310.2, "trend": 12.717667, "fair_value": 11.945903, "relative_strength": -1.421235, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 32.794867, "energy": 20.433892, "activity_lines": [ 13.834, 13.989455, 13.605286, 13.198688 ] }, { "date": "2026-05-22", "close": 12.17, "volume": 6312876, "typical_volume": 5740452.4, "trend": 12.737333, "fair_value": 11.966109, "relative_strength": -6.617577, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 7.745468, "energy": 14.586115, "activity_lines": [ 13.158, 13.654545, 13.517238, 13.163355 ] }, { "date": "2026-05-29", "close": 12.17, "volume": 0, "typical_volume": 5465416.15, "trend": 12.750667, "fair_value": 11.98641, "relative_strength": -6.295954, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "mixed", "direction": -24.509324, "energy": 31.607904, "activity_lines": [ 12.677333, 13.351091, 13.427429, 13.126753 ] }, { "date": "2026-06-05", "close": 12.28, "volume": 9335775, "typical_volume": 5627144.95, "trend": 12.783, "fair_value": 12.009151, "relative_strength": -4.845733, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "mixed", "direction": -24.149974, "energy": 36.796339, "activity_lines": [ 12.395333, 13.100909, 13.34181, 13.096387 ] }, { "date": "2026-06-12", "close": 11.87, "volume": 5030071, "typical_volume": 5637752.6, "trend": 12.771333, "fair_value": 12.029841, "relative_strength": -8.100223, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -34.67369, "energy": 60.655371, "activity_lines": [ 12.145333, 12.802182, 13.210905, 13.037484 ] }, { "date": "2026-06-19", "close": 12.08, "volume": 3803204, "typical_volume": 5474251.75, "trend": 12.747333, "fair_value": 12.052167, "relative_strength": -6.840947, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -28.271816, "energy": 57.963182, "activity_lines": [ 12.082, 12.574364, 13.10181, 12.992882 ] }, { "date": "2026-06-26", "close": 12.3, "volume": 5531028, "typical_volume": 5506785.5, "trend": 12.764, "fair_value": 12.076096, "relative_strength": -3.21781, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -24.655837, "energy": 43.169356, "activity_lines": [ 12.144, 12.418727, 13.016714, 12.964022 ] }, { "date": "2026-07-03", "close": 12.1, "volume": 1718827, "typical_volume": 5445126.95, "trend": 12.758667, "fair_value": 12.097972, "relative_strength": -3.512831, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -33.953212, "energy": 33.268255, "activity_lines": [ 12.130667, 12.277636, 12.912143, 12.921183 ] }, { "date": "2026-07-10", "close": 11.43, "volume": 2082459, "typical_volume": 5068960.4, "trend": 12.728333, "fair_value": 12.11642, "relative_strength": -8.171914, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -46.230896, "energy": 39.015134, "activity_lines": [ 11.898667, 12.060182, 12.743286, 12.835462 ] }, { "date": "2026-07-17", "close": 11.19, "volume": 1829702, "typical_volume": 4817076.2, "trend": 12.718333, "fair_value": 12.13333, "relative_strength": -8.829727, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -49.30993, "energy": 54.410411, "activity_lines": [ 11.643333, 11.860545, 12.559238, 12.736215 ] }, { "date": "2026-07-24", "close": 11.2, "volume": 2523400, "typical_volume": 4445008.2, "trend": 12.689333, "fair_value": 12.14828, "relative_strength": -8.802857, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -71.701021, "energy": 74.412165, "activity_lines": [ 11.436667, 11.706909, 12.386667, 12.638258 ] }, { "date": "2026-07-31", "close": 10.16, "volume": 3496788, "typical_volume": 4222714.25, "trend": 12.634667, "fair_value": 12.158587, "relative_strength": -15.057715, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -86.552524, "energy": 88.856653, "activity_lines": [ 10.942, 11.394364, 12.121381, 12.475075 ] }, { "date": "2026-08-07", "close": 9.5, "volume": 19823668, "typical_volume": 5102841.15, "trend": 12.589667, "fair_value": 12.164327, "relative_strength": -21.917733, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -90.182267, "energy": 94.412285, "activity_lines": [ 10.37, 10.998364, 11.811048, 12.272839 ] } ], "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." } } }