{ "ticker": { "uuid": "06922654-a3ad-4d91-9e87-8589362a2bee", "symbol": "HAL", "name": "Halliburton Company", "exchange": "VIE", "country": "AT", "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": "^ATX", "stage": 4, "stage_name": "Declining", "phase": "4a", "phase_label": "Stage 4A \u00b7 Breakdown", "transition": "stage_4_declining", "transition_label": "Stage 4 decline intact", "confidence": 75.178, "architecture_regime": "rotation_down", "architecture_regime_label": "Rotation Down", "architecture_modifier": "Supply rotation", "architecture_gate": "mixed", "architecture_direction": -45.469, "architecture_energy": 60.592, "architecture_maturity": 16.216, "architecture_confidence": 73.527, "architecture_tenure": "New", "architecture": { "interpretation": { "headline": "The Activity Line structure is rotating downward.", "body": "Fast Activity is weakening relative to Slow Activity and price acceptance is deteriorating. Persistent negative Trend confirmation would establish Downward Expansion." }, "scores": { "balance": 23.27, "rotation_up": 18.38, "upward_expansion": 20.63, "deceleration": 45.62, "rotation_down": 70.31, "downward_expansion": 62.29 }, "activity_lines": [ 28.687334, 29.463455, 31.144222, 31.427289 ], "activity_state": "Moderate", "activity_direction": "Expanding", "rotation_direction": "Weakening", "price_acceptance": -0.833333 }, "latest_close": 28.040001, "trend_reference": 31.249401, "distance_from_trend": -0.102703, "trend_direction": "Improving", "fair_value": 27.392493, "distance_from_fair_value": 0.023638, "fair_value_direction": "Weakening", "relative_strength": -14.727126, "relative_strength_direction": "Weakening", "price_momentum": -0.047317, "excess_performance": -0.221563, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.102703, "read": "Below" }, { "label": "Trend direction", "positive": true, "value": 0.075326, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.023638, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.222405, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.147271, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.371912, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.047317, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.208227, "read": "Supply-led" } ], "volume": { "latest": 200, "relative_activity": 0.576535, "balance": 0.208227, "dry_up": 4.106371, "accumulation_observations": 1, "distribution_observations": 1 }, "risk": { "range_context": 0.067502, "annualized_volatility": 0.361446, "from_high_reference": -0.239808, "from_low_reference": 0.622518 }, "levels": { "trend_reference": 31.249401, "fair_value_reference": 27.392493, "structural_low": 27.16, "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": 0.007795, "positive_rate": 0.555556, "directional_follow_through": 0.444444, "median_excess_return": -0.037788, "regime_survival": 0.444444, "best_return": 0.072107, "worst_return": -0.12664, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 5, "median_return": 0.063564, "positive_rate": 0.8, "directional_follow_through": 0.2, "median_excess_return": 0.052076, "regime_survival": 0.0, "best_return": 0.199286, "worst_return": -0.173471, "sufficient": true }, { "horizon": "Extended", "sample_count": 5, "median_return": 0.40958, "positive_rate": 0.6, "directional_follow_through": 0.4, "median_excess_return": 0.283272, "regime_survival": 0.2, "best_return": 0.710411, "worst_return": -0.09579, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 3, "median_return": 0.334216, "positive_rate": 0.666667, "directional_follow_through": 0.333333, "median_excess_return": 0.314913, "regime_survival": 0.333333, "best_return": 0.672496, "worst_return": -0.141215, "sufficient": false } ], "ledger": [ { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-03-22", "end": "2024-03-29", "tenure": "New", "return": 0.028733, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2024-04-05", "end": "2024-05-10", "tenure": "Developing", "return": -0.085526, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-05-17", "end": "2024-06-07", "tenure": "New", "return": -0.080722, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2024-06-14", "end": "2024-07-12", "tenure": "Developing", "return": 0.007795, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2024-07-19", "end": "2024-11-29", "tenure": "Established", "return": -0.045371, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2024-12-06", "end": "2024-12-13", "tenure": "New", "return": -0.004342, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-12-20", "end": "2025-01-03", "tenure": "New", "return": 0.066004, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-01-10", "end": "2025-01-17", "tenure": "New", "return": 0.107622, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-01-24", "end": "2025-02-14", "tenure": "New", "return": -0.054034, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-02-21", "end": "2025-08-22", "tenure": "Extended", "return": -0.247096, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-08-29", "end": "2025-09-26", "tenure": "Developing", "return": 0.1279, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-10-03", "end": "2025-10-10", "tenure": "New", "return": -0.06516, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-10-17", "end": "2026-07-10", "tenure": "Extended", "return": 0.60318, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2026-07-17", "end": "2026-08-07", "tenure": "New", "return": -0.085155, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 33.860935, "volume": 0, "typical_volume": 54.35, "trend": 29.474502, "fair_value": 23.04641, "relative_strength": 13.554098, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 45.999405, "energy": 79.991051, "activity_lines": [ 33.613435, 32.116759, 30.043685, 29.434842 ] }, { "date": "2023-08-25", "close": 32.965439, "volume": 0, "typical_volume": 54.35, "trend": 29.423848, "fair_value": 23.179154, "relative_strength": 11.000429, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 67.616556, "energy": 86.422634, "activity_lines": [ 33.587314, 32.516678, 30.439167, 29.660063 ] }, { "date": "2023-09-01", "close": 34.159439, "volume": 336, "typical_volume": 71.15, "trend": 29.467321, "fair_value": 23.321282, "relative_strength": 12.136222, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 72.639648, "energy": 85.02829, "activity_lines": [ 33.816163, 33.039051, 30.92426, 29.965585 ] }, { "date": "2023-09-08", "close": 36.350582, "volume": 0, "typical_volume": 71.15, "trend": 29.565056, "fair_value": 23.4846, "relative_strength": 19.772918, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 88.119398, "energy": 84.476749, "activity_lines": [ 34.642313, 33.817009, 31.590011, 30.409667 ] }, { "date": "2023-09-15", "close": 37.175018, "volume": 0, "typical_volume": 71.15, "trend": 29.734135, "fair_value": 23.650771, "relative_strength": 20.332095, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 87.949347, "energy": 87.475341, "activity_lines": [ 35.569837, 34.599194, 32.294851, 30.900632 ] }, { "date": "2023-09-22", "close": 35.994568, "volume": 0, "typical_volume": 71.15, "trend": 29.878178, "fair_value": 23.81972, "relative_strength": 16.714975, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 68.742336, "energy": 83.409879, "activity_lines": [ 35.933932, 35.026104, 32.840822, 31.304531 ] }, { "date": "2023-09-29", "close": 36.013309, "volume": 0, "typical_volume": 71.15, "trend": 29.959256, "fair_value": 23.995875, "relative_strength": 15.821582, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.515319, "energy": 81.187642, "activity_lines": [ 36.162032, 35.358268, 33.337593, 31.700346 ] }, { "date": "2023-10-06", "close": 34.027138, "volume": 0, "typical_volume": 46.15, "trend": 30.051742, "fair_value": 24.152766, "relative_strength": 11.008084, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.653809, "energy": 62.752834, "activity_lines": [ 35.524883, 35.234887, 33.591304, 31.96279 ] }, { "date": "2023-10-13", "close": 37.849575, "volume": 250, "typical_volume": 48.65, "trend": 30.434291, "fair_value": 24.331994, "relative_strength": 22.008986, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 83.714119, "energy": 67.084867, "activity_lines": [ 36.170701, 35.772605, 34.169649, 32.465876 ] }, { "date": "2023-10-20", "close": 36.968918, "volume": 0, "typical_volume": 48.65, "trend": 30.820725, "fair_value": 24.503987, "relative_strength": 23.386978, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 70.925547, "energy": 61.031346, "activity_lines": [ 36.423033, 36.075647, 34.607043, 32.887465 ] }, { "date": "2023-10-27", "close": 34.98275, "volume": 320, "typical_volume": 60.9, "trend": 31.091479, "fair_value": 24.670195, "relative_strength": 17.197849, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 59.187631, "energy": 48.933199, "activity_lines": [ 36.027049, 35.974966, 34.809106, 33.155982 ] }, { "date": "2023-11-03", "close": 35.357494, "volume": 0, "typical_volume": 60.9, "trend": 31.339937, "fair_value": 24.836431, "relative_strength": 12.368346, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 48.851056, "energy": 45.228486, "activity_lines": [ 35.823434, 35.922025, 35.013888, 33.431209 ] }, { "date": "2023-11-10", "close": 33.296383, "volume": 58, "typical_volume": 63.8, "trend": 31.507323, "fair_value": 24.98115, "relative_strength": 5.353763, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 33.977671, "energy": 23.14225, "activity_lines": [ 34.976503, 35.450844, 34.986198, 33.557431 ] }, { "date": "2023-11-17", "close": 32.678051, "volume": 0, "typical_volume": 60.45, "trend": 31.6609, "fair_value": 25.114243, "relative_strength": 1.191851, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 11.755879, "energy": 20.540595, "activity_lines": [ 33.972179, 34.88293, 34.866327, 33.632962 ] }, { "date": "2023-11-24", "close": 32.865421, "volume": 0, "typical_volume": 60.45, "trend": 31.842369, "fair_value": 25.239932, "relative_strength": 2.380501, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -1.462396, "energy": 21.232544, "activity_lines": [ 33.37508, 34.415858, 34.743638, 33.710673 ] }, { "date": "2023-12-01", "close": 32.771736, "volume": 261, "typical_volume": 73.5, "trend": 32.091835, "fair_value": 25.358414, "relative_strength": 0.298127, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -5.036765, "energy": 26.323403, "activity_lines": [ 33.020318, 34.010108, 34.595711, 33.770632 ] }, { "date": "2023-12-08", "close": 30.422234, "volume": 230, "typical_volume": 72.75, "trend": 32.282773, "fair_value": 25.459178, "relative_strength": -6.977684, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -44.193804, "energy": 49.502455, "activity_lines": [ 32.029791, 33.235773, 34.213663, 33.662916 ] }, { "date": "2023-12-15", "close": 30.836399, "volume": 0, "typical_volume": 72.75, "trend": 32.452267, "fair_value": 25.563116, "relative_strength": -6.911759, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -37.153998, "energy": 60.413079, "activity_lines": [ 31.506335, 32.638396, 33.872953, 33.569602 ] }, { "date": "2023-12-22", "close": 31.401169, "volume": 0, "typical_volume": 72.75, "trend": 32.636875, "fair_value": 25.670028, "relative_strength": -5.9559, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -27.49014, "energy": 54.727901, "activity_lines": [ 31.335136, 32.201719, 33.592349, 33.501789 ] }, { "date": "2023-12-29", "close": 30.87405, "volume": 0, "typical_volume": 72.75, "trend": 32.756912, "fair_value": 25.780033, "relative_strength": -7.961937, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -40.19491, "energy": 60.305038, "activity_lines": [ 31.073355, 31.786445, 33.272723, 33.388058 ] }, { "date": "2024-01-05", "close": 30.987003, "volume": 0, "typical_volume": 72.75, "trend": 32.854517, "fair_value": 25.883215, "relative_strength": -7.169303, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -35.090087, "energy": 50.026001, "activity_lines": [ 30.981984, 31.502524, 32.981721, 33.273871 ] }, { "date": "2024-01-12", "close": 29.462128, "volume": 0, "typical_volume": 72.75, "trend": 32.911242, "fair_value": 25.972311, "relative_strength": -10.517664, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -51.801151, "energy": 66.335375, "activity_lines": [ 30.501303, 31.014003, 32.559177, 33.055007 ] }, { "date": "2024-01-19", "close": 29.047964, "volume": 0, "typical_volume": 55.95, "trend": 33.002668, "fair_value": 26.069154, "relative_strength": -9.999592, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -78.401226, "energy": 83.36879, "activity_lines": [ 29.946574, 30.557367, 32.113872, 32.805763 ] }, { "date": "2024-01-26", "close": 32.361282, "volume": 376, "typical_volume": 74.75, "trend": 33.136753, "fair_value": 26.190691, "relative_strength": -2.793528, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -59.450677, "energy": 50.58414, "activity_lines": [ 30.615514, 30.780398, 32.008461, 32.764383 ] }, { "date": "2024-02-02", "close": 30.742271, "volume": 0, "typical_volume": 74.75, "trend": 33.180181, "fair_value": 26.294627, "relative_strength": -7.113772, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -57.975066, "energy": 44.0127, "activity_lines": [ 30.680776, 30.714822, 31.767856, 32.609901 ] }, { "date": "2024-02-09", "close": 30.158674, "volume": 0, "typical_volume": 74.75, "trend": 33.1656, "fair_value": 26.393285, "relative_strength": -6.521648, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.377453, "energy": 43.719656, "activity_lines": [ 30.56029, 30.58174, 31.502302, 32.414965 ] }, { "date": "2024-02-16", "close": 30.723446, "volume": 0, "typical_volume": 74.75, "trend": 33.162382, "fair_value": 26.494547, "relative_strength": -6.075542, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -43.655975, "energy": 29.152742, "activity_lines": [ 30.683284, 30.598854, 31.318325, 32.257406 ] }, { "date": "2024-02-23", "close": 30.554018, "volume": 0, "typical_volume": 74.75, "trend": 33.108741, "fair_value": 26.588261, "relative_strength": -5.963598, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -46.250223, "energy": 35.231875, "activity_lines": [ 30.665715, 30.579687, 31.143403, 32.089125 ] }, { "date": "2024-03-01", "close": 31.194088, "volume": 0, "typical_volume": 62.25, "trend": 33.023578, "fair_value": 26.679985, "relative_strength": -3.766809, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -42.165138, "energy": 30.563727, "activity_lines": [ 30.761098, 30.68203, 31.045978, 31.965599 ] }, { "date": "2024-03-08", "close": 31.168968, "volume": 0, "typical_volume": 62.25, "trend": 32.908348, "fair_value": 26.762952, "relative_strength": -3.873126, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -38.757776, "energy": 24.648652, "activity_lines": [ 30.925921, 30.783571, 30.977854, 31.845947 ] }, { "date": "2024-03-15", "close": 32.796494, "volume": 0, "typical_volume": 46.25, "trend": 32.872867, "fair_value": 26.864658, "relative_strength": -0.026189, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -1.385689, "energy": 10.900993, "activity_lines": [ 31.604806, 31.175664, 31.092351, 31.83873 ] }, { "date": "2024-03-22", "close": 33.591328, "volume": 0, "typical_volume": 46.25, "trend": 32.89373, "fair_value": 26.973973, "relative_strength": -0.456364, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 16.802693, "energy": 28.723715, "activity_lines": [ 32.372781, 31.679372, 31.292957, 31.885083 ] }, { "date": "2024-03-29", "close": 34.556496, "volume": 30, "typical_volume": 44.85, "trend": 32.906965, "fair_value": 27.090413, "relative_strength": 1.066829, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 44.181603, "energy": 62.267417, "activity_lines": [ 33.271287, 32.283489, 31.593894, 31.992358 ] }, { "date": "2024-04-05", "close": 35.956909, "volume": 0, "typical_volume": 44.85, "trend": 32.893843, "fair_value": 27.217887, "relative_strength": 3.974739, "stage": 2, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 52.637445, "energy": 77.688689, "activity_lines": [ 34.369765, 33.042071, 32.022203, 32.189128 ] }, { "date": "2024-04-12", "close": 36.302292, "volume": 907, "typical_volume": 90.2, "trend": 32.864752, "fair_value": 27.350065, "relative_strength": 5.002236, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 58.982364, "energy": 84.832744, "activity_lines": [ 35.265849, 33.798075, 32.467793, 32.409028 ] }, { "date": "2024-04-19", "close": 34.49498, "volume": 309, "typical_volume": 92.6, "trend": 32.814766, "fair_value": 27.480129, "relative_strength": 0.054591, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 40.412207, "energy": 75.462994, "activity_lines": [ 35.217274, 34.124386, 32.724891, 32.514204 ] }, { "date": "2024-04-26", "close": 34.111755, "volume": 903, "typical_volume": 126.25, "trend": 32.75138, "fair_value": 27.603131, "relative_strength": -1.604481, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 38.856192, "energy": 72.866206, "activity_lines": [ 34.927726, 34.302177, 32.937286, 32.597881 ] }, { "date": "2024-05-03", "close": 32.129395, "volume": 504, "typical_volume": 151.45, "trend": 32.688122, "fair_value": 27.703955, "relative_strength": -8.619248, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 11.815827, "energy": 27.365994, "activity_lines": [ 33.942695, 34.057934, 32.943315, 32.557753 ] }, { "date": "2024-05-10", "close": 32.881645, "volume": 0, "typical_volume": 151.45, "trend": 32.522525, "fair_value": 27.805112, "relative_strength": -9.109318, "stage": 4, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 35.455897, "energy": 29.502411, "activity_lines": [ 33.370221, 33.92182, 33.014831, 32.570238 ] }, { "date": "2024-05-17", "close": 32.697136, "volume": 481, "typical_volume": 175.5, "trend": 32.380132, "fair_value": 27.907664, "relative_strength": -11.259586, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 27.793108, "energy": 31.514024, "activity_lines": [ 32.941262, 33.721477, 33.061724, 32.581503 ] }, { "date": "2024-05-24", "close": 31.485958, "volume": 135, "typical_volume": 182.25, "trend": 32.263572, "fair_value": 28.002858, "relative_strength": -14.475395, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 1.897415, "energy": 24.423316, "activity_lines": [ 32.348921, 33.273134, 32.984585, 32.523815 ] }, { "date": "2024-05-31", "close": 31.533274, "volume": 1, "typical_volume": 182.3, "trend": 32.136098, "fair_value": 28.088338, "relative_strength": -12.958499, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -24.206357, "energy": 31.668689, "activity_lines": [ 31.972953, 32.857222, 32.909577, 32.476699 ] }, { "date": "2024-06-07", "close": 30.057756, "volume": 556, "typical_volume": 210.1, "trend": 32.028144, "fair_value": 28.165696, "relative_strength": -16.249786, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -41.286177, "energy": 42.016663, "activity_lines": [ 31.277044, 32.210453, 32.68418, 32.342612 ] }, { "date": "2024-06-14", "close": 29.287292, "volume": 281, "typical_volume": 205.35, "trend": 31.915119, "fair_value": 28.244153, "relative_strength": -15.456802, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -45.464588, "energy": 64.443089, "activity_lines": [ 30.462424, 31.505396, 32.380598, 32.165783 ] }, { "date": "2024-06-21", "close": 29.667767, "volume": 0, "typical_volume": 205.35, "trend": 31.80853, "fair_value": 28.317849, "relative_strength": -15.663887, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -35.938178, "energy": 67.130148, "activity_lines": [ 30.014252, 30.990781, 32.127889, 32.020793 ] }, { "date": "2024-06-28", "close": 30.072027, "volume": 43, "typical_volume": 207.5, "trend": 31.71854, "fair_value": 28.394021, "relative_strength": -14.829063, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -29.693406, "energy": 62.976109, "activity_lines": [ 29.902791, 30.670296, 31.918798, 31.90876 ] }, { "date": "2024-07-05", "close": 29.059004, "volume": 225, "typical_volume": 218.75, "trend": 31.673099, "fair_value": 28.470812, "relative_strength": -19.642933, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -47.367269, "energy": 69.084501, "activity_lines": [ 29.547918, 30.246042, 31.613641, 31.737177 ] }, { "date": "2024-07-12", "close": 29.515577, "volume": 0, "typical_volume": 218.75, "trend": 31.629072, "fair_value": 28.560285, "relative_strength": -18.053633, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -63.044035, "energy": 60.107505, "activity_lines": [ 29.510187, 29.996669, 31.359893, 31.597982 ] }, { "date": "2024-07-19", "close": 30.224216, "volume": 959, "typical_volume": 266.7, "trend": 31.58984, "fair_value": 28.655171, "relative_strength": -15.068268, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -59.193367, "energy": 46.112931, "activity_lines": [ 29.744815, 29.923664, 31.17858, 31.507346 ] }, { "date": "2024-07-26", "close": 29.672523, "volume": 0, "typical_volume": 266.7, "trend": 31.549789, "fair_value": 28.743559, "relative_strength": -16.297371, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -59.090039, "energy": 43.57652, "activity_lines": [ 29.733083, 29.798668, 30.949342, 31.383649 ] }, { "date": "2024-08-02", "close": 27.831963, "volume": 98, "typical_volume": 271.6, "trend": 31.444621, "fair_value": 28.823082, "relative_strength": -17.835877, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -77.357286, "energy": 53.137047, "activity_lines": [ 29.107514, 29.394018, 30.55194, 31.143789 ] }, { "date": "2024-08-09", "close": 27.246975, "volume": 597, "typical_volume": 301.45, "trend": 31.370782, "fair_value": 28.898274, "relative_strength": -19.801013, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -79.45005, "energy": 62.903096, "activity_lines": [ 28.436287, 28.949443, 30.122465, 30.872973 ] }, { "date": "2024-08-16", "close": 27.042469, "volume": 12, "typical_volume": 300.55, "trend": 31.303933, "fair_value": 28.980952, "relative_strength": -21.30611, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -76.539067, "energy": 81.338069, "activity_lines": [ 27.817693, 28.545617, 29.703724, 30.593727 ] }, { "date": "2024-08-23", "close": 26.923571, "volume": 657, "typical_volume": 333.4, "trend": 31.122676, "fair_value": 29.055696, "relative_strength": -22.450782, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -73.738974, "energy": 86.647033, "activity_lines": [ 27.32434, 28.174997, 29.309441, 30.311123 ] }, { "date": "2024-08-30", "close": 26.671503, "volume": 0, "typical_volume": 288.05, "trend": 30.986983, "fair_value": 29.127462, "relative_strength": -23.439811, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -72.956825, "energy": 84.982526, "activity_lines": [ 26.967008, 27.801523, 28.934167, 30.023951 ] }, { "date": "2024-09-06", "close": 24.742699, "volume": 233, "typical_volume": 284.25, "trend": 30.806451, "fair_value": 29.190415, "relative_strength": -25.313948, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -89.31392, "energy": 93.321001, "activity_lines": [ 26.166809, 27.131835, 28.421058, 29.621093 ] }, { "date": "2024-09-13", "close": 24.206789, "volume": 442, "typical_volume": 261.2, "trend": 30.589229, "fair_value": 29.244664, "relative_strength": -26.60812, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -87.742526, "energy": 93.690434, "activity_lines": [ 25.393924, 26.461606, 27.90335, 29.195309 ] }, { "date": "2024-09-20", "close": 25.197264, "volume": 109, "typical_volume": 241.45, "trend": 30.41067, "fair_value": 29.301828, "relative_strength": -23.158954, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.527162, "energy": 82.239354, "activity_lines": [ 25.153877, 26.059685, 27.527139, 28.84744 ] }, { "date": "2024-09-27", "close": 24.340769, "volume": 233, "typical_volume": 253.1, "trend": 30.182226, "fair_value": 29.348348, "relative_strength": -25.689884, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -74.130157, "energy": 82.263214, "activity_lines": [ 24.751345, 25.580553, 27.102368, 28.455834 ] }, { "date": "2024-10-04", "close": 27.044235, "volume": 397, "typical_volume": 248.9, "trend": 30.044735, "fair_value": 29.400729, "relative_strength": -15.938756, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.20139, "energy": 56.144627, "activity_lines": [ 25.422155, 25.699931, 26.97574, 28.253383 ] }, { "date": "2024-10-11", "close": 26.9916, "volume": 521, "typical_volume": 268.2, "trend": 29.851239, "fair_value": 29.446951, "relative_strength": -15.398913, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -47.114001, "energy": 37.655061, "activity_lines": [ 26.050571, 25.857527, 26.871018, 28.056406 ] }, { "date": "2024-10-18", "close": 24.981943, "volume": 7, "typical_volume": 268.5, "trend": 29.564259, "fair_value": 29.478719, "relative_strength": -21.060471, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -56.280677, "energy": 39.187039, "activity_lines": [ 25.859175, 25.66501, 26.596301, 27.742258 ] }, { "date": "2024-10-25", "close": 25.005869, "volume": 0, "typical_volume": 240.7, "trend": 29.245905, "fair_value": 29.511804, "relative_strength": -19.188395, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -52.516954, "energy": 34.174987, "activity_lines": [ 25.624077, 25.518025, 26.355061, 27.448168 ] }, { "date": "2024-11-01", "close": 24.527378, "volume": 557, "typical_volume": 254.5, "trend": 28.864921, "fair_value": 29.543802, "relative_strength": -18.759158, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -71.260415, "energy": 49.872892, "activity_lines": [ 25.242242, 25.321071, 26.092306, 27.143747 ] }, { "date": "2024-11-08", "close": 26.13032, "volume": 5422, "typical_volume": 525.6, "trend": 28.525855, "fair_value": 29.592013, "relative_strength": -13.384984, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -56.488773, "energy": 42.350187, "activity_lines": [ 25.38228, 25.459129, 26.004879, 26.967321 ] }, { "date": "2024-11-15", "close": 27.187778, "volume": 1819, "typical_volume": 614.4, "trend": 28.282282, "fair_value": 29.653786, "relative_strength": -9.546637, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -33.99529, "energy": 23.556312, "activity_lines": [ 25.935732, 25.799291, 26.035007, 26.880994 ] }, { "date": "2024-11-22", "close": 29.60894, "volume": 4, "typical_volume": 603.35, "trend": 28.132188, "fair_value": 29.734076, "relative_strength": -0.454803, "stage": 1, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": 11.745224, "energy": 18.131961, "activity_lines": [ 27.28316, 26.535208, 26.309456, 26.966585 ] }, { "date": "2024-11-29", "close": 28.852922, "volume": 0, "typical_volume": 603.35, "trend": 28.022972, "fair_value": 29.805533, "relative_strength": -2.794177, "stage": 1, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "mixed", "direction": 27.858369, "energy": 35.215719, "activity_lines": [ 28.070115, 27.035447, 26.509285, 27.013084 ] }, { "date": "2024-12-06", "close": 26.597343, "volume": 0, "typical_volume": 555.4, "trend": 27.813495, "fair_value": 29.855431, "relative_strength": -11.149846, "stage": 4, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 17.542387, "energy": 29.324507, "activity_lines": [ 27.84874, 27.059114, 26.497452, 26.921107 ] }, { "date": "2024-12-13", "close": 26.481852, "volume": 408, "typical_volume": 575.8, "trend": 27.606319, "fair_value": 29.908965, "relative_strength": -12.711712, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "down", "direction": -3.834732, "energy": 18.725992, "activity_lines": [ 27.45087, 27.020753, 26.491891, 26.835195 ] }, { "date": "2024-12-20", "close": 24.205654, "volume": 2722, "typical_volume": 707.0, "trend": 27.363642, "fair_value": 29.945924, "relative_strength": -18.452989, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -50.39135, "energy": 24.85425, "activity_lines": [ 26.270833, 26.578764, 26.284743, 26.615797 ] }, { "date": "2024-12-27", "close": 24.850494, "volume": 400, "typical_volume": 697.15, "trend": 27.140883, "fair_value": 29.987717, "relative_strength": -16.810024, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -49.1136, "energy": 37.978405, "activity_lines": [ 25.50455, 26.304672, 26.156276, 26.453659 ] }, { "date": "2025-01-03", "close": 25.803322, "volume": 0, "typical_volume": 696.55, "trend": 26.999069, "fair_value": 30.020215, "relative_strength": -13.705733, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -42.569966, "energy": 36.937331, "activity_lines": [ 25.373106, 26.206212, 26.129967, 26.367364 ] }, { "date": "2025-01-10", "close": 25.442404, "volume": 390, "typical_volume": 683.2, "trend": 26.870906, "fair_value": 30.037739, "relative_strength": -14.58695, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -53.361623, "energy": 42.640954, "activity_lines": [ 25.324663, 26.027631, 26.075185, 26.266934 ] }, { "date": "2025-01-17", "close": 28.180576, "volume": 32, "typical_volume": 684.8, "trend": 26.821333, "fair_value": 30.074799, "relative_strength": -8.356478, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -9.383032, "energy": 6.148914, "activity_lines": [ 26.26594, 26.330262, 26.288235, 26.351429 ] }, { "date": "2025-01-24", "close": 25.471275, "volume": 2327, "typical_volume": 789.5, "trend": 26.667974, "fair_value": 30.074363, "relative_strength": -18.029956, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -38.177378, "energy": 15.71251, "activity_lines": [ 26.190869, 26.103016, 26.23607, 26.264329 ] }, { "date": "2025-01-31", "close": 24.427015, "volume": 110, "typical_volume": 772.9, "trend": 26.513575, "fair_value": 30.068341, "relative_strength": -21.290945, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -58.444176, "energy": 24.487858, "activity_lines": [ 25.683336, 25.717114, 26.080982, 26.119751 ] }, { "date": "2025-02-07", "close": 23.830297, "volume": 1538, "typical_volume": 844.35, "trend": 26.324065, "fair_value": 30.050968, "relative_strength": -22.989014, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -64.232132, "energy": 34.090596, "activity_lines": [ 25.005128, 25.316934, 25.868015, 25.946636 ] }, { "date": "2025-02-14", "close": 24.094969, "volume": 451, "typical_volume": 855.25, "trend": 26.119757, "fair_value": 30.039375, "relative_strength": -25.471338, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -62.885346, "energy": 62.767053, "activity_lines": [ 24.54668, 25.056197, 25.686765, 25.802823 ] }, { "date": "2025-02-21", "close": 24.648382, "volume": 1139, "typical_volume": 892.35, "trend": 25.952286, "fair_value": 30.033372, "relative_strength": -22.547166, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -57.492466, "energy": 63.203519, "activity_lines": [ 24.362532, 24.941578, 25.559391, 25.707896 ] }, { "date": "2025-02-28", "close": 24.128658, "volume": 112, "typical_volume": 871.9, "trend": 25.828842, "fair_value": 30.008783, "relative_strength": -25.369211, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.095621, "energy": 61.60365, "activity_lines": [ 24.240622, 24.765799, 25.393928, 25.590243 ] }, { "date": "2025-03-07", "close": 22.312229, "volume": 1036, "typical_volume": 923.35, "trend": 25.664351, "fair_value": 29.951812, "relative_strength": -32.614477, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -77.978713, "energy": 68.781332, "activity_lines": [ 23.602744, 24.261161, 25.069105, 25.363364 ] }, { "date": "2025-03-14", "close": 22.239552, "volume": 388, "typical_volume": 942.75, "trend": 25.504253, "fair_value": 29.903865, "relative_strength": -32.194334, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -74.407882, "energy": 70.306396, "activity_lines": [ 23.081626, 23.789459, 24.750074, 25.14241 ] }, { "date": "2025-03-21", "close": 22.157181, "volume": 400, "typical_volume": 934.9, "trend": 25.345374, "fair_value": 29.839983, "relative_strength": -31.074583, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -72.727004, "energy": 77.461954, "activity_lines": [ 22.6391, 23.367577, 24.43637, 24.926469 ] }, { "date": "2025-03-28", "close": 22.375217, "volume": 776, "typical_volume": 702.6, "trend": 25.202164, "fair_value": 29.776708, "relative_strength": -28.193177, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.598611, "energy": 75.712916, "activity_lines": [ 22.398439, 23.045068, 24.154719, 24.734846 ] }, { "date": "2025-04-04", "close": 17.834278, "volume": 2106, "typical_volume": 716.95, "trend": 24.971884, "fair_value": 29.679052, "relative_strength": -35.595609, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -94.225162, "energy": 91.661093, "activity_lines": [ 20.795676, 22.002486, 23.458478, 24.259499 ] }, { "date": "2025-04-11", "close": 17.334251, "volume": 14291, "typical_volume": 1431.3, "trend": 24.742799, "fair_value": 29.572772, "relative_strength": -35.683816, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -90.098654, "energy": 93.941694, "activity_lines": [ 19.445862, 21.007845, 22.759157, 23.766748 ] }, { "date": "2025-04-18", "close": 19.012634, "volume": 3278, "typical_volume": 1595.2, "trend": 24.536645, "fair_value": 29.487181, "relative_strength": -32.176404, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.594722, "energy": 86.133784, "activity_lines": [ 18.987375, 20.447324, 22.278132, 23.39706 ] }, { "date": "2025-04-25", "close": 17.749001, "volume": 4891, "typical_volume": 1839.75, "trend": 24.316919, "fair_value": 29.397736, "relative_strength": -38.080074, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -75.867544, "energy": 90.319417, "activity_lines": [ 18.322804, 19.744645, 21.72362, 22.959148 ] }, { "date": "2025-05-02", "close": 17.279985, "volume": 923, "typical_volume": 1865.5, "trend": 23.991444, "fair_value": 29.303703, "relative_strength": -39.791864, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -75.018923, "energy": 88.429681, "activity_lines": [ 17.795774, 19.072072, 21.166574, 22.505152 ] }, { "date": "2025-05-09", "close": 17.452477, "volume": 6369, "typical_volume": 2047.85, "trend": 23.673473, "fair_value": 29.214467, "relative_strength": -41.087448, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -70.235532, "energy": 79.035809, "activity_lines": [ 17.665923, 18.564831, 20.669775, 22.083283 ] }, { "date": "2025-05-16", "close": 18.202515, "volume": 5648, "typical_volume": 2310.25, "trend": 23.447492, "fair_value": 29.128574, "relative_strength": -39.537707, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.043151, "energy": 63.583028, "activity_lines": [ 17.811538, 18.315347, 20.276566, 21.730318 ] }, { "date": "2025-05-23", "close": 16.90012, "volume": 2078, "typical_volume": 2414.15, "trend": 23.177301, "fair_value": 29.014678, "relative_strength": -42.424154, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -72.026613, "energy": 64.227541, "activity_lines": [ 17.465137, 17.903785, 19.790976, 21.307907 ] }, { "date": "2025-05-30", "close": 16.799339, "volume": 1930, "typical_volume": 2491.15, "trend": 22.919699, "fair_value": 28.895303, "relative_strength": -42.542109, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -70.905601, "energy": 61.846596, "activity_lines": [ 17.225977, 17.57098, 19.338185, 20.896426 ] }, { "date": "2025-06-06", "close": 17.628204, "volume": 0, "typical_volume": 2489.55, "trend": 22.636295, "fair_value": 28.78271, "relative_strength": -39.255662, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.307037, "energy": 58.021156, "activity_lines": [ 17.326416, 17.486293, 19.00549, 20.555039 ] }, { "date": "2025-06-13", "close": 19.4014, "volume": 634, "typical_volume": 2404.9, "trend": 22.37675, "fair_value": 28.728847, "relative_strength": -30.923612, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -49.213622, "energy": 43.188484, "activity_lines": [ 17.994706, 17.810315, 18.891921, 20.346336 ] }, { "date": "2025-06-20", "close": 18.859261, "volume": 1302, "typical_volume": 2464.5, "trend": 22.018427, "fair_value": 28.675182, "relative_strength": -31.741789, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -42.477995, "energy": 30.884271, "activity_lines": [ 18.352354, 18.007273, 18.755623, 20.119401 ] }, { "date": "2025-06-27", "close": 17.1898, "volume": 692, "typical_volume": 2422.2, "trend": 21.629656, "fair_value": 28.613078, "relative_strength": -38.141178, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -50.781766, "energy": 30.262108, "activity_lines": [ 18.109733, 17.872965, 18.486842, 19.807877 ] }, { "date": "2025-07-04", "close": 17.747591, "volume": 0, "typical_volume": 2399.65, "trend": 21.334664, "fair_value": 28.552727, "relative_strength": -34.876488, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -43.861979, "energy": 27.976062, "activity_lines": [ 18.033729, 17.873216, 18.302806, 19.557421 ] }, { "date": "2025-07-11", "close": 19.172409, "volume": 0, "typical_volume": 2342.7, "trend": 21.091016, "fair_value": 28.514497, "relative_strength": -30.405399, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -38.527364, "energy": 25.523024, "activity_lines": [ 18.369449, 18.132551, 18.284692, 19.417921 ] }, { "date": "2025-07-18", "close": 17.863064, "volume": 0, "typical_volume": 2337.1, "trend": 20.879597, "fair_value": 28.467374, "relative_strength": -34.317953, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -45.230694, "energy": 30.219735, "activity_lines": [ 18.165773, 18.119415, 18.167955, 19.209666 ] }, { "date": "2025-07-25", "close": 18.567646, "volume": 0, "typical_volume": 2285.3, "trend": 20.670168, "fair_value": 28.418921, "relative_strength": -32.205065, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -27.587937, "energy": 18.18683, "activity_lines": [ 18.299513, 18.226919, 18.148157, 19.060508 ] }, { "date": "2025-08-01", "close": 18.131197, "volume": 514, "typical_volume": 2291.6, "trend": 20.414431, "fair_value": 28.37384, "relative_strength": -31.195459, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -25.251181, "energy": 14.7114, "activity_lines": [ 18.307211, 18.248431, 18.104624, 18.896703 ] }, { "date": "2025-08-08", "close": 17.520561, "volume": 0, "typical_volume": 2271.6, "trend": 20.150369, "fair_value": 28.319791, "relative_strength": -36.412331, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -45.722195, "energy": 26.779135, "activity_lines": [ 18.048605, 18.136534, 18.022498, 18.710002 ] }, { "date": "2025-08-15", "close": 17.808264, "volume": 430, "typical_volume": 2254.3, "trend": 19.804626, "fair_value": 28.261387, "relative_strength": -36.245642, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -39.433741, "energy": 24.313086, "activity_lines": [ 17.901034, 18.063835, 17.989852, 18.558898 ] }, { "date": "2025-08-22", "close": 18.557861, "volume": 129, "typical_volume": 2155.45, "trend": 19.574179, "fair_value": 28.196652, "relative_strength": -31.955068, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -33.008824, "energy": 20.016486, "activity_lines": [ 18.094272, 18.124151, 18.050344, 18.478462 ] }, { "date": "2025-08-29", "close": 18.974735, "volume": 149, "typical_volume": 1448.35, "trend": 19.392436, "fair_value": 28.141376, "relative_strength": -27.085944, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -8.868389, "energy": 6.875699, "activity_lines": [ 18.380149, 18.2756, 18.147092, 18.439788 ] }, { "date": "2025-09-05", "close": 18.580303, "volume": 0, "typical_volume": 1284.45, "trend": 19.217436, "fair_value": 28.087369, "relative_strength": -27.633952, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -11.985259, "energy": 9.301442, "activity_lines": [ 18.507408, 18.353235, 18.198463, 18.387392 ] }, { "date": "2025-09-12", "close": 18.876451, "volume": 0, "typical_volume": 1039.9, "trend": 19.043486, "fair_value": 28.04172, "relative_strength": -26.60571, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -4.379678, "energy": 12.419588, "activity_lines": [ 18.703444, 18.459433, 18.280098, 18.365393 ] }, { "date": "2025-09-19", "close": 18.564508, "volume": 0, "typical_volume": 993.75, "trend": 18.84069, "fair_value": 28.011799, "relative_strength": -26.765076, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -6.592055, "energy": 12.233414, "activity_lines": [ 18.705106, 18.488389, 18.326655, 18.334492 ] }, { "date": "2025-09-26", "close": 21.401604, "volume": 0, "typical_volume": 675.3, "trend": 18.749788, "fair_value": 27.999297, "relative_strength": -15.420067, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 56.90728, "energy": 60.189558, "activity_lines": [ 19.60205, 19.044233, 18.637295, 18.499712 ] }, { "date": "2025-10-03", "close": 20.527967, "volume": 0, "typical_volume": 392.9, "trend": 18.690313, "fair_value": 27.94754, "relative_strength": -19.719196, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 45.150108, "energy": 63.209981, "activity_lines": [ 20.018199, 19.376898, 18.845926, 18.614433 ] }, { "date": "2025-10-10", "close": 19.190369, "volume": 0, "typical_volume": 289.0, "trend": 18.588673, "fair_value": 27.887562, "relative_strength": -22.572343, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 59.802061, "energy": 65.148218, "activity_lines": [ 19.884933, 19.43072, 18.916093, 18.646695 ] }, { "date": "2025-10-17", "close": 18.669147, "volume": 771, "typical_volume": 231.05, "trend": 18.472405, "fair_value": 27.806664, "relative_strength": -22.432917, "stage": 4, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 56.266293, "energy": 56.877785, "activity_lines": [ 19.537255, 19.370517, 18.925714, 18.651887 ] }, { "date": "2025-10-24", "close": 22.956377, "volume": 1595, "typical_volume": 310.8, "trend": 18.491777, "fair_value": 27.743691, "relative_strength": -5.706261, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 85.211212, "energy": 68.172939, "activity_lines": [ 20.632475, 20.068928, 19.334739, 18.941175 ] }, { "date": "2025-10-31", "close": 22.857662, "volume": 0, "typical_volume": 279.1, "trend": 18.659223, "fair_value": 27.663686, "relative_strength": -8.138878, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 84.044411, "energy": 76.987888, "activity_lines": [ 21.401998, 20.655788, 19.70899, 19.222845 ] }, { "date": "2025-11-07", "close": 23.208105, "volume": 0, "typical_volume": 214.0, "trend": 18.855019, "fair_value": 27.588317, "relative_strength": -4.794582, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 82.031546, "energy": 88.341653, "activity_lines": [ 22.191264, 21.228186, 20.100158, 19.516321 ] }, { "date": "2025-11-14", "close": 23.514122, "volume": 0, "typical_volume": 179.4, "trend": 19.005068, "fair_value": 27.530306, "relative_strength": -4.507844, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 76.63035, "energy": 90.356154, "activity_lines": [ 22.903861, 21.779254, 20.499762, 19.816909 ] }, { "date": "2025-11-21", "close": 21.776722, "volume": 471, "typical_volume": 202.95, "trend": 19.139326, "fair_value": 27.462013, "relative_strength": -9.055871, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.010384, "energy": 79.12162, "activity_lines": [ 22.749074, 21.924725, 20.703783, 19.995725 ] }, { "date": "2025-11-28", "close": 22.452929, "volume": 121, "typical_volume": 209.0, "trend": 19.311757, "fair_value": 27.387053, "relative_strength": -9.077297, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 63.504282, "energy": 57.100918, "activity_lines": [ 22.612518, 22.140411, 20.953019, 20.209506 ] }, { "date": "2025-12-05", "close": 24.241287, "volume": 0, "typical_volume": 209.0, "trend": 19.538051, "fair_value": 27.350155, "relative_strength": -2.215598, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 79.003392, "energy": 60.463544, "activity_lines": [ 23.105644, 22.610554, 21.356953, 20.52754 ] }, { "date": "2025-12-12", "close": 24.166698, "volume": 0, "typical_volume": 209.0, "trend": 19.736857, "fair_value": 27.305469, "relative_strength": -1.948526, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 72.393569, "energy": 56.733251, "activity_lines": [ 23.481666, 23.015505, 21.723411, 20.826162 ] }, { "date": "2025-12-19", "close": 23.644579, "volume": 0, "typical_volume": 183.3, "trend": 19.961672, "fair_value": 27.243201, "relative_strength": -5.638386, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.739585, "energy": 53.139654, "activity_lines": [ 23.619742, 23.259366, 22.013481, 21.078274 ] }, { "date": "2025-12-26", "close": 23.689331, "volume": 0, "typical_volume": 183.3, "trend": 20.191338, "fair_value": 27.180775, "relative_strength": -4.796627, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.213657, "energy": 58.097269, "activity_lines": [ 23.764038, 23.430378, 22.281559, 21.318768 ] }, { "date": "2026-01-02", "close": 24.619202, "volume": 1200, "typical_volume": 221.8, "trend": 20.424372, "fair_value": 27.111879, "relative_strength": -2.011782, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 71.617402, "energy": 60.365924, "activity_lines": [ 24.090784, 23.679182, 22.608821, 21.604436 ] }, { "date": "2026-01-09", "close": 27.697226, "volume": 746, "typical_volume": 252.65, "trend": 20.700899, "fair_value": 27.058571, "relative_strength": 10.018656, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 90.888401, "energy": 82.124118, "activity_lines": [ 25.299119, 24.457393, 23.196795, 22.073653 ] }, { "date": "2026-01-16", "close": 28.005524, "volume": 0, "typical_volume": 245.2, "trend": 21.005775, "fair_value": 27.013632, "relative_strength": 10.948068, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 87.644724, "energy": 92.448933, "activity_lines": [ 26.379825, 25.203667, 23.77061, 22.544919 ] }, { "date": "2026-01-23", "close": 29.323256, "volume": 20, "typical_volume": 246.2, "trend": 21.410223, "fair_value": 26.980543, "relative_strength": 15.773107, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 90.750673, "energy": 96.174902, "activity_lines": [ 27.643853, 26.102302, 24.42692, 23.081531 ] }, { "date": "2026-01-30", "close": 28.189508, "volume": 838, "typical_volume": 288.1, "trend": 21.758287, "fair_value": 26.950634, "relative_strength": 10.190951, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.950215, "energy": 88.546974, "activity_lines": [ 28.151386, 26.689181, 24.924096, 23.518904 ] }, { "date": "2026-02-06", "close": 29.432652, "volume": 692, "typical_volume": 322.7, "trend": 22.100295, "fair_value": 26.925084, "relative_strength": 14.275382, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 78.75301, "energy": 90.629648, "activity_lines": [ 28.773289, 27.385489, 25.49532, 24.014024 ] }, { "date": "2026-02-13", "close": 28.796164, "volume": 32, "typical_volume": 324.3, "trend": 22.464732, "fair_value": 26.903888, "relative_strength": 13.030423, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.75019, "energy": 78.724216, "activity_lines": [ 28.862133, 27.839169, 25.954172, 24.446016 ] }, { "date": "2026-02-20", "close": 29.452541, "volume": 0, "typical_volume": 324.3, "trend": 22.827562, "fair_value": 26.889653, "relative_strength": 12.411705, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 72.366713, "energy": 67.491804, "activity_lines": [ 29.096506, 28.329374, 26.440324, 24.896842 ] }, { "date": "2026-02-27", "close": 30.034334, "volume": 3, "typical_volume": 324.45, "trend": 23.224333, "fair_value": 26.866918, "relative_strength": 17.032135, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 75.467263, "energy": 68.158461, "activity_lines": [ 29.428343, 28.829253, 26.939388, 25.361795 ] }, { "date": "2026-03-06", "close": 29.565001, "volume": 0, "typical_volume": 285.9, "trend": 23.625814, "fair_value": 26.856101, "relative_strength": 21.416883, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.763128, "energy": 61.705044, "activity_lines": [ 29.55633, 29.127622, 27.342115, 25.77087 ] }, { "date": "2026-03-13", "close": 29.834999, "volume": 0, "typical_volume": 206.15, "trend": 24.026705, "fair_value": 26.878292, "relative_strength": 25.533662, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.05637, "energy": 59.405996, "activity_lines": [ 29.682616, 29.36825, 27.718671, 26.171463 ] }, { "date": "2026-03-20", "close": 32.119999, "volume": 0, "typical_volume": 206.15, "trend": 24.478777, "fair_value": 26.921523, "relative_strength": 36.353713, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 82.778029, "energy": 66.190044, "activity_lines": [ 30.543747, 29.929501, 28.28009, 26.693611 ] }, { "date": "2026-03-27", "close": 34.924999, "volume": 125, "typical_volume": 212.4, "trend": 25.010452, "fair_value": 26.973221, "relative_strength": 45.343057, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 91.348841, "energy": 72.939378, "activity_lines": [ 32.118288, 30.920338, 29.064547, 27.367561 ] }, { "date": "2026-04-03", "close": 33.104332, "volume": 922, "typical_volume": 258.5, "trend": 25.494587, "fair_value": 27.006558, "relative_strength": 32.315387, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 71.762296, "energy": 65.307873, "activity_lines": [ 32.72111, 31.454335, 29.619811, 27.889747 ] }, { "date": "2026-04-10", "close": 31.900358, "volume": 190, "typical_volume": 244.45, "trend": 25.928717, "fair_value": 27.029799, "relative_strength": 19.277386, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.479174, "energy": 66.973706, "activity_lines": [ 32.717941, 31.700682, 30.014744, 28.303022 ] }, { "date": "2026-04-17", "close": 30.895386, "volume": 0, "typical_volume": 238.4, "trend": 26.339746, "fair_value": 27.047906, "relative_strength": 12.571525, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.839026, "energy": 54.733035, "activity_lines": [ 32.22409, 31.696836, 30.265757, 28.623452 ] }, { "date": "2026-04-24", "close": 33.701344, "volume": 3, "typical_volume": 238.55, "trend": 26.749737, "fair_value": 27.088162, "relative_strength": 26.361784, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 71.57941, "energy": 52.841103, "activity_lines": [ 32.594867, 32.176569, 30.743802, 29.098394 ] }, { "date": "2026-05-01", "close": 35.761036, "volume": 0, "typical_volume": 238.55, "trend": 27.257506, "fair_value": 27.155299, "relative_strength": 32.055553, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 81.069042, "energy": 59.017809, "activity_lines": [ 33.546784, 32.941607, 31.372961, 29.679768 ] }, { "date": "2026-05-08", "close": 33.910301, "volume": 0, "typical_volume": 238.55, "trend": 27.748171, "fair_value": 27.214377, "relative_strength": 22.464033, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.812785, "energy": 52.904589, "activity_lines": [ 33.826054, 33.255447, 31.770648, 30.108981 ] }, { "date": "2026-05-15", "close": 35.442631, "volume": 0, "typical_volume": 238.55, "trend": 28.307287, "fair_value": 27.276499, "relative_strength": 27.501533, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 72.188276, "energy": 63.415623, "activity_lines": [ 34.562369, 33.777421, 32.265387, 30.605398 ] }, { "date": "2026-05-22", "close": 35.48243, "volume": 0, "typical_volume": 178.55, "trend": 28.724822, "fair_value": 27.338163, "relative_strength": 23.981354, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 69.150716, "energy": 67.925362, "activity_lines": [ 35.0758, 34.199765, 32.707948, 31.06831 ] }, { "date": "2026-05-29", "close": 32.925228, "volume": 0, "typical_volume": 141.25, "trend": 29.060407, "fair_value": 27.374395, "relative_strength": 11.240426, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 60.802541, "energy": 46.511169, "activity_lines": [ 34.431026, 34.054482, 32.855236, 31.339304 ] }, { "date": "2026-06-05", "close": 34.959999, "volume": 0, "typical_volume": 141.25, "trend": 29.452137, "fair_value": 27.418633, "relative_strength": 18.526464, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.480454, "energy": 46.216881, "activity_lines": [ 34.516251, 34.264518, 33.171417, 31.719923 ] }, { "date": "2026-06-12", "close": 34.27, "volume": 0, "typical_volume": 140.25, "trend": 29.810667, "fair_value": 27.460362, "relative_strength": 12.4915, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 56.057175, "energy": 38.016231, "activity_lines": [ 34.424878, 34.348462, 33.388767, 32.030753 ] }, { "date": "2026-06-19", "close": 30.370001, "volume": 0, "typical_volume": 98.35, "trend": 30.097109, "fair_value": 27.486418, "relative_strength": -4.530435, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 17.711375, "energy": 15.556477, "activity_lines": [ 33.009526, 33.702122, 33.211132, 32.066839 ] }, { "date": "2026-06-26", "close": 29.83, "volume": 0, "typical_volume": 63.75, "trend": 30.343012, "fair_value": 27.495978, "relative_strength": -4.738724, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 3.056133, "energy": 15.523102, "activity_lines": [ 31.752349, 32.985425, 32.971686, 32.049606 ] }, { "date": "2026-07-03", "close": 29.6, "volume": 0, "typical_volume": 62.15, "trend": 30.521635, "fair_value": 27.497007, "relative_strength": -7.939744, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": -12.680873, "energy": 29.952207, "activity_lines": [ 30.795333, 32.24628, 32.708443, 32.00167 ] }, { "date": "2026-07-10", "close": 29.93, "volume": 0, "typical_volume": 62.15, "trend": 30.713745, "fair_value": 27.492737, "relative_strength": -5.875506, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "mixed", "direction": -26.133596, "energy": 42.966442, "activity_lines": [ 30.17, 31.641705, 32.4728, 31.9635 ] }, { "date": "2026-07-17", "close": 30.65, "volume": 782, "typical_volume": 101.1, "trend": 30.947259, "fair_value": 27.491647, "relative_strength": -2.114086, "stage": 2, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -24.512751, "energy": 51.104638, "activity_lines": [ 30.12, 31.274058, 32.303455, 31.959387 ] }, { "date": "2026-07-24", "close": 29.24, "volume": 4567, "typical_volume": 329.45, "trend": 31.132282, "fair_value": 27.472909, "relative_strength": -8.102258, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -33.238472, "energy": 54.748017, "activity_lines": [ 29.841333, 30.709325, 31.996893, 31.849241 ] }, { "date": "2026-07-31", "close": 27.790001, "volume": 149, "typical_volume": 336.9, "trend": 31.237975, "fair_value": 27.43471, "relative_strength": -12.767112, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -51.315363, "energy": 58.789769, "activity_lines": [ 29.154667, 29.993732, 31.553784, 31.63361 ] }, { "date": "2026-08-07", "close": 28.040001, "volume": 200, "typical_volume": 346.9, "trend": 31.249401, "fair_value": 27.392493, "relative_strength": -14.727126, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -45.468642, "energy": 60.592419, "activity_lines": [ 28.687334, 29.463455, 31.144222, 31.427289 ] } ], "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." } } }