{ "ticker": { "uuid": "111c98d0-1923-46e7-b770-d2b80ed34dcc", "symbol": "HPP", "name": "Hudson Pacific Properties Inc", "exchange": "NYSE", "country": "US", "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": "SPY", "stage": 1, "stage_name": "Basing", "phase": "1c", "phase_label": "Stage 1C \u00b7 Breakout watch", "transition": "stage_1_to_2_watch", "transition_label": "Stage 1 \u2192 2 watch", "confidence": 96.0, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Early expansion", "architecture_gate": "up", "architecture_direction": 45.588, "architecture_energy": 37.374, "architecture_maturity": 89.0, "architecture_confidence": 83.654, "architecture_tenure": "Developing", "architecture": { "interpretation": { "headline": "The weekly architecture is expanding upward.", "body": "Trend and Activity show sustained positive alignment with constructive price acceptance. Directional energy remains positive; cooling within this regime can indicate that it is maturing." }, "scores": { "balance": 27.84, "rotation_up": 35.28, "upward_expansion": 66.15, "deceleration": 88.23, "rotation_down": 27.48, "downward_expansion": 18.49 }, "activity_lines": [ 14.642667, 15.016364, 13.715048, 12.136129 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.333333 }, "latest_close": 14.36, "trend_reference": 10.459333, "distance_from_trend": 0.372936, "trend_direction": "Improving", "fair_value": 26.469384, "distance_from_fair_value": -0.457486, "fair_value_direction": "Improving", "relative_strength": -0.09871, "relative_strength_direction": "Improving", "price_momentum": 0.761963, "excess_performance": 0.636338, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.372936, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.092929, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.457486, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": true, "value": 0.154122, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.000987, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.288465, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.761963, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 2.219159, "read": "Demand-led" } ], "volume": { "latest": 6165938, "relative_activity": 1.158376, "balance": 2.219159, "dry_up": 0.762264, "accumulation_observations": 5, "distribution_observations": 1 }, "risk": { "range_context": 0.136967, "annualized_volatility": 0.719934, "from_high_reference": -0.338249, "from_low_reference": 1.730038 }, "levels": { "trend_reference": 10.459333, "fair_value_reference": 26.469384, "structural_low": 5.26, "invalidation": "A renewed decline below the structural range low, widening the discount to current Fair Value while Trend falls, weakens the base diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 5, "median_return": -0.023166, "positive_rate": 0.4, "directional_follow_through": 0.4, "median_excess_return": -0.046481, "regime_survival": 0.4, "best_return": 0.019722, "worst_return": -0.318797, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 3, "median_return": -0.301767, "positive_rate": 0.333333, "directional_follow_through": 0.333333, "median_excess_return": -0.405692, "regime_survival": 0.333333, "best_return": 0.4, "worst_return": -0.426917, "sufficient": false }, { "horizon": "Extended", "sample_count": 2, "median_return": -0.356797, "positive_rate": 0.0, "directional_follow_through": 0.0, "median_excess_return": -0.454794, "regime_survival": 0.0, "best_return": -0.022474, "worst_return": -0.69112, "sufficient": false }, { "horizon": "Full cycle", "sample_count": 1, "median_return": -0.281897, "positive_rate": 0.0, "directional_follow_through": 0.0, "median_excess_return": -0.636859, "regime_survival": 0.0, "best_return": -0.281897, "worst_return": -0.281897, "sufficient": false } ], "ledger": [ { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-02-09", "end": "2024-03-15", "tenure": "Developing", "return": -0.163849, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2024-03-22", "end": "2024-05-10", "tenure": "Developing", "return": -0.144882, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2024-05-17", "end": "2024-08-02", "tenure": "Developing", "return": 0.04987, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-08-09", "end": "2024-10-25", "tenure": "Developing", "return": -0.059829, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2024-11-01", "end": "2025-07-04", "tenure": "Extended", "return": -0.3382, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-07-11", "end": "2025-07-25", "tenure": "New", "return": -0.115789, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-08-01", "end": "2025-09-05", "tenure": "Developing", "return": 0.273859, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-09-12", "end": "2025-09-19", "tenure": "New", "return": -0.054422, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-09-26", "end": "2025-10-03", "tenure": "New", "return": 0.050193, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-10-10", "end": "2025-11-07", "tenure": "Developing", "return": -0.103586, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-11-14", "end": "2025-11-28", "tenure": "New", "return": -0.048077, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-12-05", "end": "2026-05-08", "tenure": "Established", "return": -0.187685, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2026-05-15", "end": "2026-06-19", "tenure": "Developing", "return": 0.298401, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-06-26", "end": "2026-08-07", "tenure": "Developing", "return": -0.065712, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 40.217807, "volume": 14905613, "typical_volume": 21146727.7, "trend": 42.87812, "fair_value": 114.148075, "relative_strength": -32.818978, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 2.177874, "energy": 25.615315, "activity_lines": [ 41.239866, 38.80284, 36.294094, 37.831923 ] }, { "date": "2023-08-25", "close": 42.417756, "volume": 13522899, "typical_volume": 21252366.85, "trend": 41.945183, "fair_value": 113.554888, "relative_strength": -28.575018, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 6.602426, "energy": 33.271948, "activity_lines": [ 41.803603, 39.876565, 36.92893, 37.802222 ] }, { "date": "2023-09-01", "close": 48.261369, "volume": 11030286, "typical_volume": 20785467.95, "trend": 41.142618, "fair_value": 112.990437, "relative_strength": -19.583823, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 42.371267, "energy": 51.62457, "activity_lines": [ 44.035635, 41.847769, 38.126076, 38.209718 ] }, { "date": "2023-09-08", "close": 49.567588, "volume": 22252063, "typical_volume": 20743821.9, "trend": 40.540337, "fair_value": 112.46162, "relative_strength": -15.044134, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 50.597785, "energy": 59.841907, "activity_lines": [ 46.153085, 43.688976, 39.397808, 38.753265 ] }, { "date": "2023-09-15", "close": 48.123872, "volume": 22079738, "typical_volume": 21072126.6, "trend": 39.962936, "fair_value": 111.935902, "relative_strength": -16.107852, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 41.399044, "energy": 63.121028, "activity_lines": [ 47.248476, 44.893948, 40.477283, 39.242525 ] }, { "date": "2023-09-22", "close": 44.961446, "volume": 23902955, "typical_volume": 21305957.0, "trend": 39.44116, "fair_value": 111.437664, "relative_strength": -18.054092, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 62.224155, "energy": 66.053436, "activity_lines": [ 46.996398, 45.276439, 41.203859, 39.56501 ] }, { "date": "2023-09-29", "close": 45.717678, "volume": 20930025, "typical_volume": 21478503.05, "trend": 38.993976, "fair_value": 110.899459, "relative_strength": -14.964161, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 60.198381, "energy": 52.695452, "activity_lines": [ 46.680156, 45.64393, 41.95495, 39.969946 ] }, { "date": "2023-10-06", "close": 40.355304, "volume": 19895153, "typical_volume": 21484390.45, "trend": 38.627854, "fair_value": 110.325411, "relative_strength": -24.314587, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 42.742233, "energy": 27.330735, "activity_lines": [ 44.35646, 44.900197, 42.117423, 40.057774 ] }, { "date": "2023-10-13", "close": 39.186581, "volume": 15690955, "typical_volume": 21462043.9, "trend": 38.55344, "fair_value": 109.814032, "relative_strength": -25.709983, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 28.034095, "energy": 20.85506, "activity_lines": [ 42.170261, 43.93772, 42.121952, 40.093821 ] }, { "date": "2023-10-20", "close": 34.649188, "volume": 17689246, "typical_volume": 21561548.6, "trend": 38.428311, "fair_value": 109.262546, "relative_strength": -31.700482, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 2.138226, "energy": 18.144482, "activity_lines": [ 39.163665, 42.191511, 41.651362, 39.841934 ] }, { "date": "2023-10-27", "close": 31.14302, "volume": 16107437, "typical_volume": 21282353.85, "trend": 37.980778, "fair_value": 108.754704, "relative_strength": -35.957018, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -37.250223, "energy": 39.596952, "activity_lines": [ 35.886659, 39.972813, 40.840471, 39.371915 ] }, { "date": "2023-11-03", "close": 37.53662, "volume": 24639439, "typical_volume": 21149617.1, "trend": 37.777642, "fair_value": 108.264338, "relative_strength": -25.859774, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -19.708117, "energy": 31.887589, "activity_lines": [ 35.662081, 39.081584, 40.655833, 39.34326 ] }, { "date": "2023-11-10", "close": 36.230401, "volume": 22428872, "typical_volume": 20280217.35, "trend": 37.725327, "fair_value": 107.563567, "relative_strength": -28.120504, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -19.771599, "energy": 34.405558, "activity_lines": [ 35.5475, 38.041608, 40.326823, 39.243437 ] }, { "date": "2023-11-17", "close": 37.742865, "volume": 18243477, "typical_volume": 19073649.75, "trend": 37.714491, "fair_value": 106.842004, "relative_strength": -25.704445, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -16.959746, "energy": 27.025274, "activity_lines": [ 36.212068, 37.495371, 40.102899, 39.244569 ] }, { "date": "2023-11-24", "close": 36.436646, "volume": 6316454, "typical_volume": 18346144.9, "trend": 37.686922, "fair_value": 106.088558, "relative_strength": -27.792359, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -14.334226, "energy": 14.715464, "activity_lines": [ 36.537477, 36.926634, 39.712998, 39.162127 ] }, { "date": "2023-12-01", "close": 46.130169, "volume": 18778354, "typical_volume": 17853011.65, "trend": 38.058428, "fair_value": 105.39174, "relative_strength": -8.109632, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 44.841754, "energy": 22.715821, "activity_lines": [ 39.974896, 38.332851, 40.237122, 39.706853 ] }, { "date": "2023-12-08", "close": 52.317524, "volume": 21357144, "typical_volume": 17774248.5, "trend": 38.823839, "fair_value": 104.797031, "relative_strength": 4.953885, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 63.009764, "energy": 42.187736, "activity_lines": [ 44.475624, 40.842793, 41.305014, 40.626795 ] }, { "date": "2023-12-15", "close": 59.261111, "volume": 23343273, "typical_volume": 18209306.0, "trend": 39.780489, "fair_value": 104.279524, "relative_strength": 16.999536, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 81.721016, "energy": 75.995832, "activity_lines": [ 50.305488, 44.495207, 42.967088, 41.945328 ] }, { "date": "2023-12-22", "close": 60.292337, "volume": 14569115, "typical_volume": 18240542.8, "trend": 40.784918, "fair_value": 103.779761, "relative_strength": 18.776669, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 80.133195, "energy": 85.842372, "activity_lines": [ 54.943712, 47.991375, 44.63571, 43.268673 ] }, { "date": "2023-12-29", "close": 64.00475, "volume": 9265444, "typical_volume": 17847397.1, "trend": 41.808095, "fair_value": 103.2986, "relative_strength": 26.369517, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 80.804689, "energy": 90.349493, "activity_lines": [ 59.31611, 51.778786, 46.568194, 44.766727 ] }, { "date": "2024-01-05", "close": 66.479692, "volume": 13973580, "typical_volume": 17800795.45, "trend": 42.86462, "fair_value": 102.853345, "relative_strength": 33.804893, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 81.802036, "energy": 92.747438, "activity_lines": [ 62.675614, 55.48245, 48.639812, 46.358443 ] }, { "date": "2024-01-12", "close": 60.429834, "volume": 17819989, "typical_volume": 18015649.95, "trend": 43.767516, "fair_value": 102.302135, "relative_strength": 20.411531, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 67.317586, "energy": 84.909318, "activity_lines": [ 62.661865, 57.443654, 50.010197, 47.491683 ] }, { "date": "2024-01-19", "close": 59.467356, "volume": 13157664, "typical_volume": 18122018.85, "trend": 44.814783, "fair_value": 101.797455, "relative_strength": 18.067809, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.001796, "energy": 69.419552, "activity_lines": [ 61.786469, 58.813622, 51.203145, 48.504575 ] }, { "date": "2024-01-26", "close": 60.15484, "volume": 7784700, "typical_volume": 17398650.7, "trend": 45.852884, "fair_value": 101.313141, "relative_strength": 19.373235, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 61.65157, "energy": 53.753563, "activity_lines": [ 61.126484, 59.886096, 52.408206, 49.494257 ] }, { "date": "2024-02-02", "close": 54.929962, "volume": 14958149, "typical_volume": 17042571.25, "trend": 46.533493, "fair_value": 100.747458, "relative_strength": 8.830824, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 46.124157, "energy": 36.544971, "activity_lines": [ 58.73404, 59.601103, 53.065244, 50.079875 ] }, { "date": "2024-02-09", "close": 52.867511, "volume": 13004715, "typical_volume": 16497659.25, "trend": 47.076605, "fair_value": 100.182286, "relative_strength": 4.549954, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 39.654636, "energy": 25.416594, "activity_lines": [ 56.259098, 58.604876, 53.493449, 50.488521 ] }, { "date": "2024-02-16", "close": 49.842582, "volume": 22390315, "typical_volume": 16570673.75, "trend": 47.463887, "fair_value": 99.603291, "relative_strength": 0.110714, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 27.419967, "energy": 22.686867, "activity_lines": [ 53.683325, 56.936166, 53.595916, 50.666971 ] }, { "date": "2024-02-23", "close": 44.892698, "volume": 10739135, "typical_volume": 16112872.85, "trend": 47.626592, "fair_value": 98.94135, "relative_strength": -10.152985, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 3.640318, "energy": 19.494085, "activity_lines": [ 50.163408, 54.412475, 53.207324, 50.501088 ] }, { "date": "2024-03-01", "close": 42.967743, "volume": 15487816, "typical_volume": 16102715.9, "trend": 47.677007, "fair_value": 98.241461, "relative_strength": -13.752241, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -30.521984, "energy": 35.38157, "activity_lines": [ 46.973482, 51.800036, 52.613797, 50.200517 ] }, { "date": "2024-03-08", "close": 47.092646, "volume": 12546972, "typical_volume": 15845602.2, "trend": 47.789297, "fair_value": 97.491192, "relative_strength": -4.449543, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -19.567916, "energy": 32.184371, "activity_lines": [ 46.304331, 50.252572, 52.395111, 50.162816 ] }, { "date": "2024-03-15", "close": 44.205214, "volume": 9444629, "typical_volume": 15512461.8, "trend": 47.92221, "fair_value": 96.743735, "relative_strength": -9.878824, "stage": 1, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -27.690284, "energy": 46.286572, "activity_lines": [ 45.195191, 48.487614, 51.842178, 49.931585 ] }, { "date": "2024-03-22", "close": 43.997352, "volume": 9389553, "typical_volume": 14749967.5, "trend": 47.974863, "fair_value": 95.977723, "relative_strength": -12.014138, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -27.503702, "energy": 51.973344, "activity_lines": [ 44.594249, 47.089852, 51.207247, 49.678368 ] }, { "date": "2024-03-29", "close": 44.690224, "volume": 7033761, "typical_volume": 13980211.95, "trend": 47.855825, "fair_value": 95.220645, "relative_strength": -10.497565, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -22.262504, "energy": 37.999453, "activity_lines": [ 44.613947, 46.11684, 50.607539, 49.466456 ] }, { "date": "2024-04-05", "close": 43.512342, "volume": 9328648, "typical_volume": 13534470.5, "trend": 47.653984, "fair_value": 94.448902, "relative_strength": -11.644974, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -25.902129, "energy": 35.254762, "activity_lines": [ 44.254516, 45.198343, 49.855366, 49.186231 ] }, { "date": "2024-04-12", "close": 42.403747, "volume": 12102086, "typical_volume": 13823752.1, "trend": 47.463313, "fair_value": 93.680537, "relative_strength": -12.441657, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -27.465062, "energy": 30.626285, "activity_lines": [ 43.489246, 44.380874, 48.97014, 48.847507 ] }, { "date": "2024-04-19", "close": 41.087291, "volume": 8553973, "typical_volume": 13312533.05, "trend": 47.334174, "fair_value": 92.917588, "relative_strength": -12.280903, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -40.024469, "energy": 36.061098, "activity_lines": [ 42.597751, 43.551798, 47.931121, 48.43615 ] }, { "date": "2024-04-26", "close": 39.632261, "volume": 9905093, "typical_volume": 12739930.5, "trend": 47.131327, "fair_value": 92.119101, "relative_strength": -17.351052, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -42.752678, "energy": 48.49113, "activity_lines": [ 41.429108, 42.672358, 46.777543, 47.939253 ] }, { "date": "2024-05-03", "close": 38.17723, "volume": 18972600, "typical_volume": 12521396.85, "trend": 47.058725, "fair_value": 91.327761, "relative_strength": -20.673626, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -44.968691, "energy": 60.109122, "activity_lines": [ 40.06646, 41.714008, 45.545796, 47.361569 ] }, { "date": "2024-05-10", "close": 37.622933, "volume": 8696230, "typical_volume": 12227752.6, "trend": 47.006603, "fair_value": 90.55908, "relative_strength": -23.256796, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -71.355215, "energy": 72.871876, "activity_lines": [ 38.953246, 40.776977, 44.361658, 46.752808 ] }, { "date": "2024-05-17", "close": 37.137923, "volume": 9586493, "typical_volume": 12243805.05, "trend": 47.089561, "fair_value": 89.744603, "relative_strength": -25.418236, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -70.867355, "energy": 77.030835, "activity_lines": [ 38.07099, 39.848941, 43.239278, 46.116119 ] }, { "date": "2024-05-24", "close": 32.564969, "volume": 10921439, "typical_volume": 12091198.0, "trend": 47.136959, "fair_value": 88.867862, "relative_strength": -34.448548, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -83.304819, "energy": 85.809706, "activity_lines": [ 36.01547, 38.270453, 41.809316, 45.179049 ] }, { "date": "2024-05-31", "close": 34.02, "volume": 10957602, "typical_volume": 11748078.65, "trend": 47.019738, "fair_value": 87.987718, "relative_strength": -31.046432, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -72.008456, "energy": 79.539157, "activity_lines": [ 35.013116, 37.168157, 40.679427, 44.332793 ] }, { "date": "2024-06-07", "close": 33.396415, "volume": 8089943, "typical_volume": 11494692.6, "trend": 46.925272, "fair_value": 87.088973, "relative_strength": -32.882274, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -71.806762, "energy": 82.195856, "activity_lines": [ 34.177051, 36.133888, 39.61591, 43.453869 ] }, { "date": "2024-06-14", "close": 34.297149, "volume": 10276397, "typical_volume": 11619277.45, "trend": 46.810415, "fair_value": 86.245258, "relative_strength": -31.99622, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.545485, "energy": 69.229734, "activity_lines": [ 33.959951, 35.468732, 38.762325, 42.639152 ] }, { "date": "2024-06-21", "close": 34.23, "volume": 7713978, "typical_volume": 11257068.9, "trend": 46.73686, "fair_value": 85.375052, "relative_strength": -32.523953, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.992154, "energy": 56.457769, "activity_lines": [ 33.942187, 34.958915, 38.025477, 41.827512 ] }, { "date": "2024-06-28", "close": 33.67, "volume": 10886199, "typical_volume": 11151143.1, "trend": 46.321521, "fair_value": 84.536382, "relative_strength": -33.530744, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.284235, "energy": 53.049806, "activity_lines": [ 33.931618, 34.495894, 37.333866, 40.984489 ] }, { "date": "2024-07-05", "close": 34.23, "volume": 7385077, "typical_volume": 10400881.2, "trend": 45.718604, "fair_value": 83.701301, "relative_strength": -33.446056, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -58.584594, "energy": 46.803244, "activity_lines": [ 34.034048, 34.26955, 36.787005, 40.204391 ] }, { "date": "2024-07-12", "close": 37.94, "volume": 13427103, "typical_volume": 10535279.6, "trend": 45.0079, "fair_value": 82.898311, "relative_strength": -26.71246, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -43.430355, "energy": 32.562414, "activity_lines": [ 35.359143, 34.815976, 36.667824, 39.702545 ] }, { "date": "2024-07-19", "close": 37.38, "volume": 11722220, "typical_volume": 10346999.8, "trend": 44.244155, "fair_value": 82.099663, "relative_strength": -26.076263, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -37.824116, "energy": 24.410211, "activity_lines": [ 36.194667, 35.264896, 36.528417, 39.210423 ] }, { "date": "2024-07-26", "close": 40.18, "volume": 10841787, "typical_volume": 10261740.55, "trend": 43.449997, "fair_value": 81.327651, "relative_strength": -19.623123, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -21.056343, "energy": 18.15761, "activity_lines": [ 37.758, 36.227324, 36.682285, 38.948219 ] }, { "date": "2024-08-02", "close": 38.99, "volume": 11522168, "typical_volume": 10365617.5, "trend": 42.533674, "fair_value": 80.555942, "relative_strength": -19.963925, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -10.121869, "energy": 17.084191, "activity_lines": [ 38.528, 36.918078, 36.755737, 38.660477 ] }, { "date": "2024-08-09", "close": 32.76, "volume": 11818844, "typical_volume": 10487082.05, "trend": 41.611346, "fair_value": 79.759782, "relative_strength": -32.221594, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -34.937705, "energy": 17.404017, "activity_lines": [ 36.866667, 36.359286, 36.26069, 38.029918 ] }, { "date": "2024-08-16", "close": 35.0, "volume": 18344051, "typical_volume": 11052596.55, "trend": 40.795768, "fair_value": 79.010462, "relative_strength": -29.922178, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -36.550481, "energy": 18.211451, "activity_lines": [ 36.05, 36.230675, 36.032488, 37.603379 ] }, { "date": "2024-08-23", "close": 38.85, "volume": 9630680, "typical_volume": 11067698.15, "trend": 40.085606, "fair_value": 78.26165, "relative_strength": -22.823739, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -20.612453, "energy": 13.999229, "activity_lines": [ 36.712667, 36.772909, 36.217096, 37.477846 ] }, { "date": "2024-08-30", "close": 36.05, "volume": 9210708, "typical_volume": 10923129.25, "trend": 39.456274, "fair_value": 77.459764, "relative_strength": -27.89363, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -31.866154, "energy": 20.858613, "activity_lines": [ 36.344, 36.723273, 36.15724, 37.217484 ] }, { "date": "2024-09-06", "close": 34.02, "volume": 7133217, "typical_volume": 10852091.45, "trend": 38.828024, "fair_value": 76.692831, "relative_strength": -28.241544, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -42.511348, "energy": 22.476743, "activity_lines": [ 35.574, 36.271455, 35.934305, 36.866757 ] }, { "date": "2024-09-13", "close": 34.72, "volume": 12720470, "typical_volume": 10992860.3, "trend": 38.323938, "fair_value": 75.923588, "relative_strength": -28.839129, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -40.196305, "energy": 20.497263, "activity_lines": [ 35.368667, 35.940545, 35.811692, 36.601723 ] }, { "date": "2024-09-20", "close": 35.77, "volume": 12543365, "typical_volume": 10671398.55, "trend": 38.019848, "fair_value": 75.1279, "relative_strength": -27.02235, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -45.131367, "energy": 24.076009, "activity_lines": [ 35.382667, 35.791636, 35.81247, 36.436953 ] }, { "date": "2024-09-27", "close": 32.83, "volume": 12871548, "typical_volume": 10880164.45, "trend": 37.681923, "fair_value": 74.306503, "relative_strength": -32.632688, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -55.966541, "energy": 36.750562, "activity_lines": [ 34.365333, 35.147636, 35.544711, 36.102124 ] }, { "date": "2024-10-04", "close": 32.76, "volume": 10037825, "typical_volume": 10902731.05, "trend": 37.204168, "fair_value": 73.494952, "relative_strength": -32.373212, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -56.941598, "energy": 38.460021, "activity_lines": [ 33.726, 34.573636, 35.293109, 35.78458 ] }, { "date": "2024-10-11", "close": 30.38, "volume": 10705515, "typical_volume": 10891934.85, "trend": 36.743328, "fair_value": 72.628488, "relative_strength": -37.43647, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -67.575915, "energy": 55.018083, "activity_lines": [ 32.512667, 33.701818, 34.835687, 35.344311 ] }, { "date": "2024-10-18", "close": 34.86, "volume": 12658010, "typical_volume": 10976955.25, "trend": 36.438749, "fair_value": 71.812096, "relative_strength": -28.435647, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -52.617608, "energy": 43.818731, "activity_lines": [ 33.035333, 33.801091, 34.815337, 35.222806 ] }, { "date": "2024-10-25", "close": 30.8, "volume": 7763347, "typical_volume": 10960625.45, "trend": 35.975742, "fair_value": 71.027638, "relative_strength": -35.813775, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -61.222792, "energy": 46.41729, "activity_lines": [ 32.195333, 33.124, 34.40432, 34.859016 ] }, { "date": "2024-11-01", "close": 28.77, "volume": 11931069, "typical_volume": 11043359.05, "trend": 35.484331, "fair_value": 70.198519, "relative_strength": -38.675722, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -70.109173, "energy": 57.43682, "activity_lines": [ 31.01, 32.154182, 33.812333, 34.39413 ] }, { "date": "2024-11-08", "close": 31.92, "volume": 8973879, "typical_volume": 11106354.1, "trend": 35.134872, "fair_value": 69.380439, "relative_strength": -34.590403, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -55.113429, "energy": 40.100955, "activity_lines": [ 31.145333, 31.940364, 33.546667, 34.164173 ] }, { "date": "2024-11-15", "close": 25.76, "volume": 19113622, "typical_volume": 11517725.25, "trend": 34.623963, "fair_value": 68.523254, "relative_strength": -45.567648, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -77.539084, "energy": 68.764303, "activity_lines": [ 29.283333, 30.681636, 32.705333, 33.559342 ] }, { "date": "2024-11-22", "close": 23.24, "volume": 18256617, "typical_volume": 12061302.25, "trend": 34.077554, "fair_value": 67.706351, "relative_strength": -51.208605, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -81.094395, "energy": 79.233848, "activity_lines": [ 26.889333, 29.114909, 31.661667, 32.824893 ] }, { "date": "2024-11-29", "close": 26.95, "volume": 16065924, "typical_volume": 12193243.3, "trend": 33.703313, "fair_value": 66.94831, "relative_strength": -43.302085, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.349809, "energy": 70.105773, "activity_lines": [ 26.506667, 28.431455, 31.023667, 32.365051 ] }, { "date": "2024-12-06", "close": 24.92, "volume": 13460328, "typical_volume": 12280148.7, "trend": 33.279882, "fair_value": 66.142938, "relative_strength": -47.068759, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.726838, "energy": 74.631394, "activity_lines": [ 25.704, 27.539273, 30.244667, 31.798386 ] }, { "date": "2024-12-13", "close": 23.03, "volume": 25759979, "typical_volume": 13026058.3, "trend": 32.809618, "fair_value": 65.364345, "relative_strength": -49.675443, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -71.702857, "energy": 74.959891, "activity_lines": [ 24.528, 26.447273, 29.345, 31.137103 ] }, { "date": "2024-12-20", "close": 20.51, "volume": 73321634, "typical_volume": 16116031.6, "trend": 32.407785, "fair_value": 64.546096, "relative_strength": -53.228431, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -77.957734, "energy": 70.416762, "activity_lines": [ 23.104667, 25.074, 28.287, 30.343579 ] }, { "date": "2024-12-27", "close": 20.79, "volume": 15622630, "typical_volume": 16306220.9, "trend": 31.966785, "fair_value": 63.727331, "relative_strength": -51.62527, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -72.74729, "energy": 73.708718, "activity_lines": [ 22.124667, 23.931091, 27.343667, 29.594045 ] }, { "date": "2025-01-03", "close": 20.3, "volume": 12781426, "typical_volume": 16028089.65, "trend": 31.530238, "fair_value": 62.814112, "relative_strength": -51.094104, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -70.662905, "energy": 76.180434, "activity_lines": [ 21.144667, 22.954909, 26.410667, 28.841349 ] }, { "date": "2025-01-10", "close": 18.27, "volume": 12751743, "typical_volume": 16184142.8, "trend": 30.996, "fair_value": 61.920244, "relative_strength": -53.890082, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -76.584203, "energy": 77.83463, "activity_lines": [ 19.931333, 21.800545, 25.354333, 27.985849 ] }, { "date": "2025-01-17", "close": 21.98, "volume": 17922232, "typical_volume": 16619719.0, "trend": 30.587667, "fair_value": 61.146093, "relative_strength": -44.742215, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.227378, "energy": 55.324343, "activity_lines": [ 20.398, 21.511636, 24.749333, 27.404172 ] }, { "date": "2025-01-24", "close": 22.12, "volume": 10778413, "typical_volume": 16801978.8, "trend": 30.202667, "fair_value": 60.395572, "relative_strength": -43.904463, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -60.867775, "energy": 49.014459, "activity_lines": [ 20.981333, 21.428909, 24.224667, 26.857871 ] }, { "date": "2025-01-31", "close": 21.91, "volume": 14055251, "typical_volume": 16868717.85, "trend": 29.792, "fair_value": 59.626367, "relative_strength": -42.572891, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -47.753187, "energy": 38.4026, "activity_lines": [ 21.387333, 21.374182, 23.736667, 26.32286 ] }, { "date": "2025-02-07", "close": 22.47, "volume": 10393748, "typical_volume": 16761237.0, "trend": 29.276333, "fair_value": 58.842643, "relative_strength": -39.732834, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -42.207904, "energy": 29.082915, "activity_lines": [ 21.905333, 21.445455, 23.363, 25.850473 ] }, { "date": "2025-02-14", "close": 19.53, "volume": 11139497, "typical_volume": 16674634.45, "trend": 28.681333, "fair_value": 57.986133, "relative_strength": -47.257282, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -53.067324, "energy": 35.486706, "activity_lines": [ 21.298667, 21.063636, 22.772667, 25.221677 ] }, { "date": "2025-02-21", "close": 21.0, "volume": 13204287, "typical_volume": 16832957.55, "trend": 28.042, "fair_value": 57.132882, "relative_strength": -41.352186, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -43.863693, "energy": 32.590573, "activity_lines": [ 21.098, 21.047091, 22.385667, 24.726108 ] }, { "date": "2025-02-28", "close": 22.96, "volume": 13969994, "typical_volume": 16996181.5, "trend": 27.507667, "fair_value": 56.255208, "relative_strength": -34.278146, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -40.863679, "energy": 28.234497, "activity_lines": [ 21.616, 21.423818, 22.241333, 24.398237 ] }, { "date": "2025-03-07", "close": 22.05, "volume": 14630783, "typical_volume": 17094820.15, "trend": 27.150667, "fair_value": 55.345501, "relative_strength": -33.69065, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -39.333369, "energy": 26.526425, "activity_lines": [ 21.774667, 21.590545, 22.045667, 24.046129 ] }, { "date": "2025-03-14", "close": 19.25, "volume": 13730783, "typical_volume": 17393191.95, "trend": 26.625667, "fair_value": 54.424396, "relative_strength": -39.691009, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.044053, "energy": 34.796175, "activity_lines": [ 20.990667, 21.225273, 21.644333, 23.536409 ] }, { "date": "2025-03-21", "close": 20.44, "volume": 14801569, "typical_volume": 17536716.95, "trend": 26.012, "fair_value": 53.482142, "relative_strength": -35.20859, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -54.486413, "energy": 32.336057, "activity_lines": [ 20.818, 21.095455, 21.411333, 23.137333 ] }, { "date": "2025-03-28", "close": 20.79, "volume": 13398148, "typical_volume": 17757930.4, "trend": 25.503333, "fair_value": 52.526577, "relative_strength": -31.963751, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -50.766888, "energy": 32.879327, "activity_lines": [ 20.701333, 20.989818, 21.251333, 22.80043 ] }, { "date": "2025-04-04", "close": 18.06, "volume": 13421280, "typical_volume": 17473313.3, "trend": 24.971333, "fair_value": 51.651507, "relative_strength": -33.865807, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.901174, "energy": 46.094245, "activity_lines": [ 19.688667, 20.409455, 20.884333, 22.320215 ] }, { "date": "2025-04-11", "close": 15.19, "volume": 16857668, "typical_volume": 17403365.85, "trend": 24.320333, "fair_value": 50.757651, "relative_strength": -46.298596, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -75.945845, "energy": 62.839678, "activity_lines": [ 18.046, 19.381091, 20.280667, 21.689161 ] }, { "date": "2025-04-18", "close": 16.03, "volume": 13942747, "typical_volume": 17297207.0, "trend": 23.662333, "fair_value": 49.880457, "relative_strength": -41.378099, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -70.751613, "energy": 70.445409, "activity_lines": [ 17.140667, 18.627636, 19.795333, 21.154301 ] }, { "date": "2025-04-25", "close": 15.54, "volume": 9678555, "typical_volume": 17108118.35, "trend": 23.086, "fair_value": 49.074784, "relative_strength": -44.63057, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -70.114743, "energy": 76.052251, "activity_lines": [ 16.286667, 17.902182, 19.315333, 20.63028 ] }, { "date": "2025-05-02", "close": 15.82, "volume": 10732800, "typical_volume": 16356759.4, "trend": 22.521333, "fair_value": 48.315238, "relative_strength": -44.232415, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.593095, "energy": 73.145002, "activity_lines": [ 15.852667, 17.300182, 18.906667, 20.161505 ] }, { "date": "2025-05-09", "close": 15.89, "volume": 12369366, "typical_volume": 13309146.0, "trend": 22.038333, "fair_value": 47.611748, "relative_strength": -42.755834, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.820339, "energy": 61.160153, "activity_lines": [ 15.773333, 16.805091, 18.539, 19.733677 ] }, { "date": "2025-05-16", "close": 14.56, "volume": 12819424, "typical_volume": 13168985.7, "trend": 21.361667, "fair_value": 46.934732, "relative_strength": -49.259998, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -69.38377, "energy": 54.476052, "activity_lines": [ 15.395333, 16.196727, 18.066667, 19.251204 ] }, { "date": "2025-05-23", "close": 13.16, "volume": 13283758, "typical_volume": 13194102.3, "trend": 20.773667, "fair_value": 46.233963, "relative_strength": -52.190581, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -74.915105, "energy": 57.589594, "activity_lines": [ 14.592667, 15.47, 17.490667, 18.722065 ] }, { "date": "2025-05-30", "close": 13.02, "volume": 11884892, "typical_volume": 13150759.75, "trend": 20.248667, "fair_value": 45.554074, "relative_strength": -52.696713, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -72.100839, "energy": 63.262281, "activity_lines": [ 13.934667, 14.828545, 16.935333, 18.221828 ] }, { "date": "2025-06-06", "close": 16.45, "volume": 19029221, "typical_volume": 13206109.2, "trend": 19.733, "fair_value": 44.956058, "relative_strength": -40.326055, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -60.249109, "energy": 46.897506, "activity_lines": [ 14.588, 14.945636, 16.731667, 17.976753 ] }, { "date": "2025-06-13", "close": 19.18, "volume": 94269968, "typical_volume": 17380686.95, "trend": 19.513667, "fair_value": 44.438805, "relative_strength": -29.230837, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -30.84574, "energy": 24.363161, "activity_lines": [ 16.109333, 15.638, 16.814333, 17.941075 ] }, { "date": "2025-06-20", "close": 19.81, "volume": 94564201, "typical_volume": 21406134.45, "trend": 19.399333, "fair_value": 43.931123, "relative_strength": -25.839318, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -13.002617, "energy": 16.577523, "activity_lines": [ 17.621333, 16.424545, 16.971, 17.960194 ] }, { "date": "2025-06-27", "close": 18.9, "volume": 68219652, "typical_volume": 24297429.65, "trend": 19.131, "fair_value": 43.447642, "relative_strength": -30.673574, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -12.862477, "energy": 25.082014, "activity_lines": [ 18.48, 16.961636, 17.051, 17.927978 ] }, { "date": "2025-07-04", "close": 19.04, "volume": 42142583, "typical_volume": 25847583.95, "trend": 18.935, "fair_value": 42.984818, "relative_strength": -30.357188, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "mixed", "direction": 18.070917, "energy": 31.189672, "activity_lines": [ 19.002667, 17.472, 17.161333, 17.922108 ] }, { "date": "2025-07-11", "close": 19.95, "volume": 40266912, "typical_volume": 27200715.2, "trend": 18.832333, "fair_value": 42.553514, "relative_strength": -25.63004, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 28.748346, "energy": 41.264456, "activity_lines": [ 19.427333, 18.084182, 17.360667, 17.987591 ] }, { "date": "2025-07-18", "close": 17.85, "volume": 32284635, "typical_volume": 28116447.25, "trend": 18.743667, "fair_value": 42.093336, "relative_strength": -32.659289, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 18.591241, "energy": 28.533721, "activity_lines": [ 18.918667, 18.239455, 17.365, 17.924215 ] }, { "date": "2025-07-25", "close": 17.64, "volume": 16822992, "typical_volume": 28226057.7, "trend": 18.638667, "fair_value": 41.612053, "relative_strength": -33.011529, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "down", "direction": -4.470755, "energy": 10.806188, "activity_lines": [ 18.428667, 18.320909, 17.373667, 17.853011 ] }, { "date": "2025-08-01", "close": 16.87, "volume": 26392764, "typical_volume": 28859156.75, "trend": 18.524333, "fair_value": 41.160215, "relative_strength": -32.885028, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -26.317757, "energy": 14.476898, "activity_lines": [ 17.826667, 18.206364, 17.33, 17.738903 ] }, { "date": "2025-08-08", "close": 17.5, "volume": 31972399, "typical_volume": 29717698.25, "trend": 18.498667, "fair_value": 40.662622, "relative_strength": -30.925712, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -26.334586, "energy": 19.707152, "activity_lines": [ 17.57, 18.138909, 17.357667, 17.672817 ] }, { "date": "2025-08-15", "close": 18.83, "volume": 29514843, "typical_volume": 30523533.0, "trend": 18.393667, "fair_value": 40.210307, "relative_strength": -25.144261, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -17.160949, "energy": 13.033732, "activity_lines": [ 17.859333, 18.231818, 17.526, 17.694194 ] }, { "date": "2025-08-22", "close": 18.83, "volume": 26773017, "typical_volume": 31191119.85, "trend": 18.284, "fair_value": 39.796721, "relative_strength": -23.83287, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -14.796793, "energy": 7.82527, "activity_lines": [ 18.223333, 18.281455, 17.703667, 17.722344 ] }, { "date": "2025-08-29", "close": 19.67, "volume": 45207248, "typical_volume": 32608598.85, "trend": 18.209333, "fair_value": 39.405116, "relative_strength": -19.010358, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 30.916418, "energy": 24.660339, "activity_lines": [ 18.802, 18.490182, 17.957667, 17.811763 ] }, { "date": "2025-09-05", "close": 21.49, "volume": 31325643, "typical_volume": 33477743.65, "trend": 18.176667, "fair_value": 38.983684, "relative_strength": -10.418816, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 47.248668, "energy": 56.525821, "activity_lines": [ 19.852, 19.032364, 18.363667, 18.023419 ] }, { "date": "2025-09-12", "close": 20.58, "volume": 25808841, "typical_volume": 34284257.95, "trend": 18.211667, "fair_value": 38.592776, "relative_strength": -14.147654, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 38.70714, "energy": 60.405576, "activity_lines": [ 20.290667, 19.362, 18.657, 18.178473 ] }, { "date": "2025-09-19", "close": 19.46, "volume": 33737160, "typical_volume": 35434475.95, "trend": 18.160333, "fair_value": 38.244635, "relative_strength": -18.333381, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 60.740755, "energy": 65.756234, "activity_lines": [ 20.150667, 19.46, 18.819667, 18.259011 ] }, { "date": "2025-09-26", "close": 18.13, "volume": 18197870, "typical_volume": 35725901.15, "trend": 17.999333, "fair_value": 37.919789, "relative_strength": -22.421001, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 51.54615, "energy": 44.789136, "activity_lines": [ 19.525333, 19.325091, 18.838333, 18.257054 ] }, { "date": "2025-10-03", "close": 19.04, "volume": 16598553, "typical_volume": 35914857.6, "trend": 17.899, "fair_value": 37.632195, "relative_strength": -18.114977, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 36.885536, "energy": 20.128594, "activity_lines": [ 19.25, 19.350545, 18.933, 18.324194 ] }, { "date": "2025-10-10", "close": 17.57, "volume": 17533965, "typical_volume": 36127367.95, "trend": 17.843, "fair_value": 37.318261, "relative_strength": -21.426533, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 16.925139, "energy": 16.095345, "activity_lines": [ 18.526667, 19.083273, 18.866333, 18.302968 ] }, { "date": "2025-10-17", "close": 18.13, "volume": 24467831, "typical_volume": 36756514.9, "trend": 17.766, "fair_value": 37.019597, "relative_strength": -18.801909, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 18.316893, "energy": 18.781365, "activity_lines": [ 18.251333, 18.905091, 18.832, 18.321484 ] }, { "date": "2025-10-24", "close": 17.71, "volume": 12228260, "typical_volume": 36416466.85, "trend": 17.663333, "fair_value": 36.686823, "relative_strength": -20.936501, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 2.515507, "energy": 13.376364, "activity_lines": [ 17.999333, 18.639091, 18.733333, 18.317871 ] }, { "date": "2025-10-31", "close": 17.08, "volume": 29239391, "typical_volume": 33164938.0, "trend": 17.630667, "fair_value": 36.352024, "relative_strength": -23.126886, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": -5.702192, "energy": 17.759662, "activity_lines": [ 17.654, 18.278909, 18.568667, 18.280237 ] }, { "date": "2025-11-07", "close": 15.75, "volume": 33079933, "typical_volume": 30090724.6, "trend": 17.649333, "fair_value": 35.974865, "relative_strength": -26.618536, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -34.683158, "energy": 43.260233, "activity_lines": [ 16.935333, 17.708727, 18.287333, 18.158903 ] }, { "date": "2025-11-14", "close": 14.56, "volume": 36270987, "typical_volume": 28493291.35, "trend": 17.600333, "fair_value": 35.637607, "relative_strength": -31.316687, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -52.850412, "energy": 62.983416, "activity_lines": [ 16.039333, 16.993455, 17.912, 17.959591 ] }, { "date": "2025-11-21", "close": 12.18, "volume": 51160950, "typical_volume": 28944209.7, "trend": 17.488333, "fair_value": 35.266565, "relative_strength": -40.65892, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -62.07998, "energy": 76.241566, "activity_lines": [ 14.550667, 15.971455, 17.330667, 17.609892 ] }, { "date": "2025-11-28", "close": 13.86, "volume": 24259595, "typical_volume": 28143843.85, "trend": 17.423, "fair_value": 34.899444, "relative_strength": -33.860536, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -69.157715, "energy": 80.287376, "activity_lines": [ 14.018667, 15.407636, 16.942, 17.375806 ] }, { "date": "2025-12-05", "close": 13.48, "volume": 11704090, "typical_volume": 27114816.6, "trend": 17.342667, "fair_value": 34.570973, "relative_strength": -34.99948, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -69.35576, "energy": 81.637435, "activity_lines": [ 13.616667, 14.876545, 16.546143, 17.121419 ] }, { "date": "2025-12-12", "close": 12.16, "volume": 5713233, "typical_volume": 26559328.65, "trend": 17.262667, "fair_value": 34.238068, "relative_strength": -40.238364, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -77.666932, "energy": 84.568675, "activity_lines": [ 13.014667, 14.19, 16.045381, 16.787054 ] }, { "date": "2025-12-19", "close": 10.32, "volume": 9264722, "typical_volume": 25702926.55, "trend": 17.168, "fair_value": 33.902039, "relative_strength": -48.68511, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -85.530153, "energy": 86.739542, "activity_lines": [ 12.038667, 13.294, 15.395476, 16.33914 ] }, { "date": "2025-12-26", "close": 10.39, "volume": 5665321, "typical_volume": 24387572.65, "trend": 17.080333, "fair_value": 33.566872, "relative_strength": -48.382615, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -79.827957, "energy": 87.986251, "activity_lines": [ 11.368667, 12.542545, 14.783429, 15.901849 ] }, { "date": "2026-01-02", "close": 11.24, "volume": 4535065, "typical_volume": 23138583.75, "trend": 16.906667, "fair_value": 33.242522, "relative_strength": -42.889126, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.13677, "energy": 82.437423, "activity_lines": [ 11.101333, 12.086364, 14.28619, 15.525054 ] }, { "date": "2026-01-09", "close": 9.72, "volume": 7405663, "typical_volume": 22170216.05, "trend": 16.591333, "fair_value": 32.868375, "relative_strength": -50.802098, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -77.077172, "energy": 86.38697, "activity_lines": [ 10.502, 11.471455, 13.680333, 15.061398 ] }, { "date": "2026-01-16", "close": 9.96, "volume": 5845643, "typical_volume": 20202135.8, "trend": 16.263, "fair_value": 32.509806, "relative_strength": -48.619828, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -70.621222, "energy": 79.253811, "activity_lines": [ 10.233333, 11.034, 13.140714, 14.63357 ] }, { "date": "2026-01-23", "close": 9.4, "volume": 4620636, "typical_volume": 18866885.45, "trend": 15.946333, "fair_value": 32.118743, "relative_strength": -50.551527, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -73.536957, "energy": 70.502199, "activity_lines": [ 9.924667, 10.6, 12.594, 14.190796 ] }, { "date": "2026-01-30", "close": 8.62, "volume": 5227131, "typical_volume": 17837799.95, "trend": 15.599, "fair_value": 31.710292, "relative_strength": -54.053363, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -77.760992, "energy": 76.8841, "activity_lines": [ 9.417333, 10.118, 12.030571, 13.718129 ] }, { "date": "2026-02-06", "close": 8.15, "volume": 6847323, "typical_volume": 16493308.1, "trend": 15.205667, "fair_value": 31.328971, "relative_strength": -55.654622, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -77.972301, "energy": 82.570168, "activity_lines": [ 8.871333, 9.615273, 11.479333, 13.237548 ] }, { "date": "2026-02-13", "close": 6.58, "volume": 13579186, "typical_volume": 16262373.9, "trend": 14.83, "fair_value": 30.951626, "relative_strength": -63.12503, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -87.214001, "energy": 87.741073, "activity_lines": [ 8.008, 8.930909, 10.832429, 12.681054 ] }, { "date": "2026-02-20", "close": 6.37, "volume": 5259342, "typical_volume": 15695413.35, "trend": 14.454333, "fair_value": 30.603903, "relative_strength": -64.007392, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -83.546217, "energy": 92.596953, "activity_lines": [ 7.284, 8.333818, 10.220524, 12.135247 ] }, { "date": "2026-02-27", "close": 7.24, "volume": 9055684, "typical_volume": 15271499.3, "trend": 14.133333, "fair_value": 30.271254, "relative_strength": -57.988242, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.9837, "energy": 85.352105, "activity_lines": [ 7.089333, 8.000182, 9.75181, 11.669806 ] }, { "date": "2026-03-06", "close": 6.99, "volume": 6948873, "typical_volume": 14395551.4, "trend": 13.783, "fair_value": 29.986966, "relative_strength": -57.700275, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.48398, "energy": 75.894315, "activity_lines": [ 6.955333, 7.677091, 9.308476, 11.208946 ] }, { "date": "2026-03-13", "close": 6.5, "volume": 5791053, "typical_volume": 14073691.05, "trend": 13.372, "fair_value": 29.763127, "relative_strength": -59.276306, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -71.046243, "energy": 73.759844, "activity_lines": [ 6.766667, 7.326727, 8.871524, 10.739075 ] }, { "date": "2026-03-20", "close": 5.65, "volume": 5338850, "typical_volume": 12878664.0, "trend": 12.932667, "fair_value": 29.553171, "relative_strength": -63.132893, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -79.744987, "energy": 70.422506, "activity_lines": [ 6.404667, 6.908, 8.407, 10.240882 ] }, { "date": "2026-03-27", "close": 5.6, "volume": 6306326, "typical_volume": 11539983.65, "trend": 12.463667, "fair_value": 29.30337, "relative_strength": -61.720865, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -75.329331, "energy": 68.990002, "activity_lines": [ 6.088, 6.554182, 7.992143, 9.767806 ] }, { "date": "2026-04-03", "close": 5.65, "volume": 4500468, "typical_volume": 9951457.7, "trend": 11.935667, "fair_value": 29.059904, "relative_strength": -61.782096, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -69.739421, "energy": 67.025628, "activity_lines": [ 5.839333, 6.288727, 7.630381, 9.328215 ] }, { "date": "2026-04-10", "close": 5.98, "volume": 4094430, "typical_volume": 7598131.7, "trend": 11.449, "fair_value": 28.85593, "relative_strength": -60.279819, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.729668, "energy": 65.164063, "activity_lines": [ 5.806667, 6.151455, 7.342476, 8.943978 ] }, { "date": "2026-04-17", "close": 7.54, "volume": 7010204, "typical_volume": 6735662.15, "trend": 11.051667, "fair_value": 28.660238, "relative_strength": -51.227358, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -53.375407, "energy": 51.912767, "activity_lines": [ 6.361333, 6.345818, 7.232667, 8.691785 ] }, { "date": "2026-04-24", "close": 8.48, "volume": 6955761, "typical_volume": 6498245.7, "trend": 10.73, "fair_value": 28.475727, "relative_strength": -44.623555, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -43.395168, "energy": 31.82462, "activity_lines": [ 7.16, 6.722182, 7.242476, 8.525871 ] }, { "date": "2026-05-01", "close": 9.31, "volume": 6311022, "typical_volume": 6528135.15, "trend": 10.405667, "fair_value": 28.311144, "relative_strength": -38.931026, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -12.351099, "energy": 22.705727, "activity_lines": [ 8.046667, 7.214909, 7.355143, 8.434258 ] }, { "date": "2026-05-08", "close": 10.95, "volume": 7516838, "typical_volume": 6440740.95, "trend": 10.185, "fair_value": 28.193162, "relative_strength": -28.945206, "stage": 1, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": 20.245461, "energy": 35.4932, "activity_lines": [ 9.232667, 7.952364, 7.637571, 8.469376 ] }, { "date": "2026-05-15", "close": 11.26, "volume": 5896410, "typical_volume": 6452295.4, "trend": 9.956, "fair_value": 28.069434, "relative_strength": -26.440111, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 42.304029, "energy": 50.862357, "activity_lines": [ 10.168667, 8.678727, 7.946524, 8.538731 ] }, { "date": "2026-05-22", "close": 11.23, "volume": 6162104, "typical_volume": 6533647.35, "trend": 9.74, "fair_value": 27.948091, "relative_strength": -26.733532, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 36.396163, "energy": 61.518765, "activity_lines": [ 10.742667, 9.322, 8.248476, 8.620925 ] }, { "date": "2026-05-29", "close": 11.98, "volume": 6265319, "typical_volume": 6476630.15, "trend": 9.57, "fair_value": 27.811364, "relative_strength": -22.488509, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 41.741939, "energy": 73.894366, "activity_lines": [ 11.320667, 10.015636, 8.621905, 8.765441 ] }, { "date": "2026-06-05", "close": 13.74, "volume": 6693715, "typical_volume": 6519033.75, "trend": 9.503, "fair_value": 27.676467, "relative_strength": -8.028114, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 61.503272, "energy": 82.945754, "activity_lines": [ 12.252, 10.914182, 9.15219, 9.034473 ] }, { "date": "2026-06-12", "close": 15.29, "volume": 6129152, "typical_volume": 6594459.55, "trend": 9.527333, "fair_value": 27.560743, "relative_strength": 2.92883, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 64.459698, "energy": 85.498319, "activity_lines": [ 13.404667, 11.946545, 9.812095, 9.407828 ] }, { "date": "2026-06-19", "close": 14.62, "volume": 4042662, "typical_volume": 6535236.1, "trend": 9.608667, "fair_value": 27.474657, "relative_strength": -1.150409, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 77.358469, "energy": 89.925733, "activity_lines": [ 14.044667, 12.681818, 10.380143, 9.736387 ] }, { "date": "2026-06-26", "close": 15.37, "volume": 5115658, "typical_volume": 6448652.85, "trend": 9.659, "fair_value": 27.38721, "relative_strength": 7.493735, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 78.309321, "energy": 89.916863, "activity_lines": [ 14.710667, 13.396364, 10.991048, 10.108086 ] }, { "date": "2026-07-03", "close": 16.91, "volume": 4336394, "typical_volume": 5986513.25, "trend": 9.773333, "fair_value": 27.274378, "relative_strength": 16.68106, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 85.012139, "energy": 91.457043, "activity_lines": [ 15.614, 14.248545, 11.714238, 10.575892 ] }, { "date": "2026-07-10", "close": 15.18, "volume": 2892001, "typical_volume": 5868146.2, "trend": 9.874, "fair_value": 27.137236, "relative_strength": 4.597795, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.150088, "energy": 65.775909, "activity_lines": [ 15.612, 14.632909, 12.223476, 10.92471 ] }, { "date": "2026-07-17", "close": 15.72, "volume": 3353263, "typical_volume": 5583025.15, "trend": 10.054, "fair_value": 26.992979, "relative_strength": 10.861591, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.033631, "energy": 64.919861, "activity_lines": [ 15.694, 15.008727, 12.74219, 11.301871 ] }, { "date": "2026-07-24", "close": 15.38, "volume": 3253262, "typical_volume": 5398244.6, "trend": 10.220333, "fair_value": 26.835085, "relative_strength": 9.899248, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.325024, "energy": 60.981815, "activity_lines": [ 15.634, 15.236, 13.188143, 11.645484 ] }, { "date": "2026-07-31", "close": 13.77, "volume": 3457410, "typical_volume": 5281562.45, "trend": 10.304667, "fair_value": 26.657615, "relative_strength": -1.774268, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 49.542063, "energy": 43.824635, "activity_lines": [ 14.986667, 15.095636, 13.44081, 11.874495 ] }, { "date": "2026-08-07", "close": 14.36, "volume": 6165938, "typical_volume": 5322916.85, "trend": 10.459333, "fair_value": 26.469384, "relative_strength": -0.09871, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 45.587776, "energy": 37.374309, "activity_lines": [ 14.642667, 15.016364, 13.715048, 12.136129 ] } ], "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." } } }