{ "ticker": { "uuid": "12b59966-a31e-405c-bbef-050ccd75f0f2", "symbol": "4320", "name": "Alandalus Property Company", "exchange": "SAU", "country": "SA", "assetType": "equity" }, "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.", "analysis": { "eligible": true, "as_of": "2026-08-07", "benchmark": "^TASI.SR", "stage": 4, "stage_name": "Declining", "phase": "4b", "phase_label": "Stage 4B \u00b7 Declining", "transition": "stage_4_declining", "transition_label": "Stage 4 decline intact", "confidence": 76.528, "architecture_regime": "downward_expansion", "architecture_regime_label": "Downward Expansion", "architecture_modifier": "Established contraction", "architecture_gate": "down", "architecture_direction": -21.045, "architecture_energy": 15.251, "architecture_maturity": 100.0, "architecture_confidence": 76.107, "architecture_tenure": "Extended", "architecture": { "interpretation": { "headline": "The weekly architecture is expanding downward.", "body": "Trend and Activity show sustained negative alignment with weak price acceptance. Repair requires persistent improvement across the structure, not merely one strong observation." }, "scores": { "balance": 43.28, "rotation_up": 35.79, "upward_expansion": 21.61, "deceleration": 41.02, "rotation_down": 26.31, "downward_expansion": 57.95 }, "activity_lines": [ 14.774667, 14.539818, 14.611143, 14.827419 ], "activity_state": "Compressed", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": -0.166667 }, "latest_close": 15.04, "trend_reference": 15.306667, "distance_from_trend": -0.017422, "trend_direction": "Weakening", "fair_value": 20.950609, "distance_from_fair_value": -0.282121, "fair_value_direction": "Improving", "relative_strength": -9.523965, "relative_strength_direction": "Improving", "price_momentum": -0.124054, "excess_performance": -0.092224, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.017422, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.075926, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.282121, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": true, "value": 0.052159, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.09524, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.137025, "read": "Improving" }, { "label": "Price momentum", "positive": false, "value": -0.124054, "read": "Negative" }, { "label": "Volume balance", "positive": true, "value": 1.353676, "read": "Demand-led" } ], "volume": { "latest": 590675, "relative_activity": 1.867439, "balance": 1.353676, "dry_up": 1.874723, "accumulation_observations": 3, "distribution_observations": 2 }, "risk": { "range_context": 0.05355, "annualized_volatility": 0.213225, "from_high_reference": -0.289896, "from_low_reference": 0.112426 }, "levels": { "trend_reference": 15.306667, "fair_value_reference": 20.950609, "structural_low": 13.52, "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": 32, "median_return": -0.017944, "positive_rate": 0.375, "directional_follow_through": 0.59375, "median_excess_return": -0.009169, "regime_survival": 0.8125, "best_return": 0.138614, "worst_return": -0.103078, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 12, "median_return": -0.043054, "positive_rate": 0.25, "directional_follow_through": 0.666667, "median_excess_return": -0.022188, "regime_survival": 0.666667, "best_return": 0.499133, "worst_return": -0.115429, "sufficient": true }, { "horizon": "Extended", "sample_count": 7, "median_return": -0.037305, "positive_rate": 0.428571, "directional_follow_through": 0.571429, "median_excess_return": 0.04141, "regime_survival": 0.571429, "best_return": 0.31624, "worst_return": -0.214213, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 4, "median_return": 0.045247, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": 0.054209, "regime_survival": 0.75, "best_return": 0.352575, "worst_return": -0.335327, "sufficient": false } ], "ledger": [ { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2023-04-07", "end": "2023-09-22", "tenure": "Established", "return": 0.27695, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2023-09-29", "end": "2023-12-15", "tenure": "Developing", "return": -0.087273, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2023-12-22", "end": "2024-01-19", "tenure": "Developing", "return": 0.138614, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2024-01-26", "end": "2024-03-08", "tenure": "Developing", "return": 0.05042, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-03-15", "end": "2024-05-10", "tenure": "Developing", "return": 0.005545, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-05-17", "end": "2024-07-26", "tenure": "Developing", "return": -0.023392, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-08-02", "end": "2024-08-16", "tenure": "New", "return": -0.048495, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2024-08-23", "end": "2024-10-04", "tenure": "Developing", "return": -0.016488, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-10-11", "end": "2025-01-24", "tenure": "Established", "return": 0.053394, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-01-31", "end": "2025-03-21", "tenure": "Developing", "return": -0.0583, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-03-28", "end": "2025-04-11", "tenure": "New", "return": -0.12766, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-04-18", "end": "2025-10-17", "tenure": "Extended", "return": -0.15413, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-10-24", "end": "2025-11-28", "tenure": "Developing", "return": -0.129435, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-12-05", "end": "2026-08-07", "tenure": "Extended", "return": -0.162117, "active": true } ], "chart_path": [ { "date": "2023-08-04", "close": 22.8244, "volume": 573920, "typical_volume": 447865.5, "trend": 17.647366, "fair_value": 16.146399, "relative_strength": 35.845408, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 83.325416, "energy": 93.964975, "activity_lines": [ 22.326552, 21.132065, 19.670771, 18.751324 ] }, { "date": "2023-08-11", "close": 23.341394, "volume": 1750291, "typical_volume": 534873.2, "trend": 17.920003, "fair_value": 16.228386, "relative_strength": 36.967697, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 83.230122, "energy": 92.203848, "activity_lines": [ 22.818016, 21.709638, 20.124807, 19.11868 ] }, { "date": "2023-08-18", "close": 23.968935, "volume": 1387742, "typical_volume": 603983.45, "trend": 18.211672, "fair_value": 16.314651, "relative_strength": 38.85354, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 85.590267, "energy": 85.657467, "activity_lines": [ 23.302927, 22.299651, 20.601725, 19.508934 ] }, { "date": "2023-08-25", "close": 23.736792, "volume": 970850, "typical_volume": 652322.3, "trend": 18.474859, "fair_value": 16.399428, "relative_strength": 36.623521, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 75.038878, "energy": 70.748811, "activity_lines": [ 23.52565, 22.742047, 21.017621, 19.865393 ] }, { "date": "2023-09-01", "close": 23.988277, "volume": 990489, "typical_volume": 701524.25, "trend": 18.73197, "fair_value": 16.48539, "relative_strength": 35.596261, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 75.238813, "energy": 70.489568, "activity_lines": [ 23.753503, 23.128979, 21.423307, 20.221098 ] }, { "date": "2023-09-08", "close": 23.465954, "volume": 489889, "typical_volume": 725637.45, "trend": 18.972928, "fair_value": 16.567322, "relative_strength": 34.538828, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.758303, "energy": 66.956502, "activity_lines": [ 23.718168, 23.330501, 21.746898, 20.526516 ] }, { "date": "2023-09-15", "close": 22.053741, "volume": 483674, "typical_volume": 749654.45, "trend": 19.186299, "fair_value": 16.640458, "relative_strength": 26.072267, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 54.483079, "energy": 56.255381, "activity_lines": [ 23.169325, 23.197793, 21.906587, 20.725278 ] }, { "date": "2023-09-22", "close": 21.957016, "volume": 203477, "typical_volume": 759569.0, "trend": 19.390159, "fair_value": 16.709305, "relative_strength": 26.7789, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 48.687252, "energy": 44.01906, "activity_lines": [ 22.674083, 23.012074, 22.03502, 20.904034 ] }, { "date": "2023-09-29", "close": 21.279926, "volume": 217888, "typical_volume": 770075.1, "trend": 19.572079, "fair_value": 16.768951, "relative_strength": 20.758337, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 37.894598, "energy": 30.051466, "activity_lines": [ 22.087273, 22.689426, 22.078298, 21.025955 ] }, { "date": "2023-10-06", "close": 21.744215, "volume": 291698, "typical_volume": 784259.4, "trend": 19.763817, "fair_value": 16.832681, "relative_strength": 25.635599, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 30.241723, "energy": 30.735182, "activity_lines": [ 21.819018, 22.474401, 22.145156, 21.166092 ] }, { "date": "2023-10-13", "close": 20.215929, "volume": 485426, "typical_volume": 808034.2, "trend": 19.907756, "fair_value": 16.883118, "relative_strength": 17.922016, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -6.619786, "energy": 21.742259, "activity_lines": [ 21.190937, 21.998013, 22.046077, 21.195261 ] }, { "date": "2023-10-20", "close": 21.860289, "volume": 407102, "typical_volume": 828029.35, "trend": 20.116564, "fair_value": 16.939831, "relative_strength": 25.60576, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 10.277007, "energy": 18.855505, "activity_lines": [ 21.327645, 21.868026, 22.092773, 21.321231 ] }, { "date": "2023-10-27", "close": 20.215929, "volume": 252965, "typical_volume": 840331.45, "trend": 20.263859, "fair_value": 16.982506, "relative_strength": 17.98524, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -6.374922, "energy": 19.175757, "activity_lines": [ 20.92913, 21.465993, 21.963291, 21.327641 ] }, { "date": "2023-11-03", "close": 20.332003, "volume": 144966, "typical_volume": 847014.65, "trend": 20.389492, "fair_value": 17.027546, "relative_strength": 13.010229, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -4.646982, "energy": 20.405851, "activity_lines": [ 20.685378, 21.153302, 21.835128, 21.332038 ] }, { "date": "2023-11-10", "close": 20.448074, "volume": 225559, "typical_volume": 857563.65, "trend": 20.497932, "fair_value": 17.073671, "relative_strength": 12.996219, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": -1.815957, "energy": 22.271281, "activity_lines": [ 20.543512, 20.923619, 21.707732, 21.335817 ] }, { "date": "2023-11-17", "close": 20.351349, "volume": 77910, "typical_volume": 822996.35, "trend": 20.599956, "fair_value": 17.120114, "relative_strength": 9.27741, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -23.522181, "energy": 36.739324, "activity_lines": [ 20.455813, 20.740718, 21.564294, 21.32636 ] }, { "date": "2023-11-24", "close": 20.5448, "volume": 192849, "typical_volume": 747986.2, "trend": 20.70396, "fair_value": 17.163106, "relative_strength": 9.641989, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -19.104916, "energy": 23.424549, "activity_lines": [ 20.42357, 20.649618, 21.433823, 21.322802 ] }, { "date": "2023-12-01", "close": 20.699564, "volume": 120514, "typical_volume": 669766.2, "trend": 20.806741, "fair_value": 17.203338, "relative_strength": 8.777291, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -25.971156, "energy": 20.743174, "activity_lines": [ 20.530615, 20.614093, 21.316, 21.322518 ] }, { "date": "2023-12-08", "close": 19.925751, "volume": 241250, "typical_volume": 550604.7, "trend": 20.906067, "fair_value": 17.236817, "relative_strength": 3.699588, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -33.735107, "energy": 24.637145, "activity_lines": [ 20.347479, 20.460737, 21.126848, 21.26568 ] }, { "date": "2023-12-15", "close": 19.42277, "volume": 1574010, "typical_volume": 554123.45, "trend": 20.971394, "fair_value": 17.269632, "relative_strength": -2.021769, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -39.685969, "energy": 35.29162, "activity_lines": [ 20.023766, 20.240552, 20.902319, 21.169984 ] }, { "date": "2023-12-22", "close": 19.538843, "volume": 1762968, "typical_volume": 613575.85, "trend": 21.024633, "fair_value": 17.302167, "relative_strength": -2.409375, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "mixed", "direction": -35.052085, "energy": 42.001078, "activity_lines": [ 19.807098, 20.083678, 20.704223, 21.077561 ] }, { "date": "2023-12-29", "close": 19.326042, "volume": 587461, "typical_volume": 555434.35, "trend": 21.077162, "fair_value": 17.334446, "relative_strength": -6.185726, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.741911, "energy": 65.300245, "activity_lines": [ 19.573664, 19.900425, 20.501505, 20.967974 ] }, { "date": "2024-01-05", "close": 21.686178, "volume": 3009098, "typical_volume": 636502.15, "trend": 21.19432, "fair_value": 17.382622, "relative_strength": 2.972123, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -29.740183, "energy": 22.499177, "activity_lines": [ 20.208192, 20.192364, 20.542683, 21.007266 ] }, { "date": "2024-01-12", "close": 22.421303, "volume": 718840, "typical_volume": 623901.65, "trend": 21.335982, "fair_value": 17.435085, "relative_strength": 6.236594, "stage": 2, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -6.639128, "energy": 12.0199, "activity_lines": [ 21.021987, 20.59123, 20.664743, 21.086426 ] }, { "date": "2024-01-19", "close": 22.247194, "volume": 617223, "typical_volume": 605238.35, "trend": 21.443757, "fair_value": 17.487369, "relative_strength": 6.274946, "stage": 2, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "mixed", "direction": 25.858459, "energy": 32.05385, "activity_lines": [ 21.611376, 20.920453, 20.776485, 21.145214 ] }, { "date": "2024-01-26", "close": 23.021009, "volume": 416005, "typical_volume": 601544.15, "trend": 21.570943, "fair_value": 17.54504, "relative_strength": 7.65558, "stage": 2, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 39.600804, "energy": 52.89287, "activity_lines": [ 22.270409, 21.357659, 20.970215, 21.246972 ] }, { "date": "2024-02-02", "close": 22.247194, "volume": 525690, "typical_volume": 603644.95, "trend": 21.642336, "fair_value": 17.59596, "relative_strength": 5.775749, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 25.556307, "energy": 61.089526, "activity_lines": [ 22.439358, 21.605631, 21.092368, 21.290601 ] }, { "date": "2024-02-09", "close": 22.866249, "volume": 370230, "typical_volume": 611982.6, "trend": 21.697984, "fair_value": 17.650506, "relative_strength": 5.738046, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 34.198032, "energy": 63.647845, "activity_lines": [ 22.619916, 21.935207, 21.272556, 21.369563 ] }, { "date": "2024-02-16", "close": 23.214466, "volume": 948576, "typical_volume": 648517.0, "trend": 21.719922, "fair_value": 17.707626, "relative_strength": 4.521192, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 45.116677, "energy": 61.857164, "activity_lines": [ 22.837875, 22.2887, 21.481579, 21.467401 ] }, { "date": "2024-02-23", "close": 24.104355, "volume": 1288400, "typical_volume": 698352.1, "trend": 21.768331, "fair_value": 17.763798, "relative_strength": 6.772881, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 51.734058, "energy": 53.641641, "activity_lines": [ 23.299586, 22.744196, 21.76614, 21.621235 ] }, { "date": "2024-03-01", "close": 23.891552, "volume": 1085559, "typical_volume": 728358.75, "trend": 21.803903, "fair_value": 17.816047, "relative_strength": 5.481081, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 43.359196, "energy": 50.368617, "activity_lines": [ 23.566551, 23.075881, 22.019196, 21.758217 ] }, { "date": "2024-03-08", "close": 24.181734, "volume": 1003423, "typical_volume": 758174.8, "trend": 21.831914, "fair_value": 17.869644, "relative_strength": 6.792119, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 69.860555, "energy": 61.648692, "activity_lines": [ 23.872208, 23.381187, 22.282386, 21.911626 ] }, { "date": "2024-03-15", "close": 26.411007, "volume": 1887863, "typical_volume": 839919.7, "trend": 21.913317, "fair_value": 17.938725, "relative_strength": 14.576688, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 88.089581, "energy": 82.137175, "activity_lines": [ 24.791987, 24.003529, 22.746832, 22.207051 ] }, { "date": "2024-03-22", "close": 29.291323, "volume": 2272645, "typical_volume": 946303.65, "trend": 22.098468, "fair_value": 18.024308, "relative_strength": 25.057117, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 94.760224, "energy": 94.298559, "activity_lines": [ 26.435554, 25.06366, 23.456094, 22.683052 ] }, { "date": "2024-03-29", "close": 27.143291, "volume": 1807058, "typical_volume": 1025378.6, "trend": 22.203635, "fair_value": 18.099448, "relative_strength": 17.571327, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 70.509969, "energy": 83.024339, "activity_lines": [ 26.957986, 25.608329, 23.918118, 23.008524 ] }, { "date": "2024-04-05", "close": 26.069277, "volume": 532069, "typical_volume": 1048086.55, "trend": 22.290412, "fair_value": 18.165657, "relative_strength": 11.111815, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.07539, "energy": 82.383165, "activity_lines": [ 26.919818, 25.868704, 24.245973, 23.25792 ] }, { "date": "2024-04-19", "close": 26.606283, "volume": 1430189, "typical_volume": 1109953.55, "trend": 22.442164, "fair_value": 18.237781, "relative_strength": 14.584476, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.815191, "energy": 67.007811, "activity_lines": [ 26.91547, 26.171292, 24.597744, 23.536363 ] }, { "date": "2024-04-26", "close": 25.922819, "volume": 504897, "typical_volume": 1129172.7, "trend": 22.574357, "fair_value": 18.306718, "relative_strength": 13.267222, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 59.109461, "energy": 47.453108, "activity_lines": [ 26.521664, 26.270359, 24.855558, 23.760922 ] }, { "date": "2024-05-03", "close": 27.387384, "volume": 433744, "typical_volume": 1138797.4, "trend": 22.777939, "fair_value": 18.383253, "relative_strength": 17.922077, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.375461, "energy": 46.014211, "activity_lines": [ 26.648593, 26.580136, 25.227982, 24.07144 ] }, { "date": "2024-05-10", "close": 26.557467, "volume": 233468, "typical_volume": 1071770.3, "trend": 22.938381, "fair_value": 18.450288, "relative_strength": 14.280837, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 45.998513, "energy": 36.829589, "activity_lines": [ 26.625811, 26.663147, 25.485835, 24.31528 ] }, { "date": "2024-05-17", "close": 25.044081, "volume": 249078, "typical_volume": 996075.8, "trend": 23.099319, "fair_value": 18.501224, "relative_strength": 7.947544, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 39.904416, "energy": 27.216568, "activity_lines": [ 26.137623, 26.426396, 25.565581, 24.451132 ] }, { "date": "2024-05-24", "close": 23.354948, "volume": 310455, "typical_volume": 982225.5, "trend": 23.149141, "fair_value": 18.540054, "relative_strength": 1.938959, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 18.619541, "energy": 14.039338, "activity_lines": [ 25.154737, 25.861574, 25.458241, 24.467624 ] }, { "date": "2024-05-31", "close": 22.925341, "volume": 160702, "typical_volume": 839805.7, "trend": 23.239455, "fair_value": 18.57549, "relative_strength": 3.917434, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -4.313742, "energy": 17.361915, "activity_lines": [ 24.245404, 25.233675, 25.290802, 24.453185 ] }, { "date": "2024-06-07", "close": 22.651957, "volume": 215705, "typical_volume": 814648.95, "trend": 23.316787, "fair_value": 18.609813, "relative_strength": 1.792701, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -8.258026, "energy": 27.242629, "activity_lines": [ 23.444775, 24.619445, 25.091425, 24.415282 ] }, { "date": "2024-06-14", "close": 24.409433, "volume": 500243, "typical_volume": 808799.95, "trend": 23.448832, "fair_value": 18.656895, "relative_strength": 9.757964, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 0.061036, "energy": 22.327952, "activity_lines": [ 23.545666, 24.445472, 25.058328, 24.485776 ] }, { "date": "2024-06-28", "close": 23.921246, "volume": 222330, "typical_volume": 799116.2, "trend": 23.567829, "fair_value": 18.697222, "relative_strength": 4.982809, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 0.896148, "energy": 20.67926, "activity_lines": [ 23.627031, 24.232444, 24.968442, 24.516254 ] }, { "date": "2024-07-05", "close": 24.60471, "volume": 420892, "typical_volume": 793876.3, "trend": 23.703159, "fair_value": 18.743226, "relative_strength": 8.147757, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 4.792075, "energy": 12.681033, "activity_lines": [ 24.011073, 24.182738, 24.93936, 24.583149 ] }, { "date": "2024-07-12", "close": 24.233685, "volume": 251738, "typical_volume": 787951.7, "trend": 23.820963, "fair_value": 18.784244, "relative_strength": 4.916964, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 18.529687, "energy": 11.627492, "activity_lines": [ 24.188122, 24.101964, 24.863716, 24.617377 ] }, { "date": "2024-07-19", "close": 25.092899, "volume": 743957, "typical_volume": 777720.75, "trend": 23.993201, "fair_value": 18.828162, "relative_strength": 4.773454, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 27.934893, "energy": 17.103576, "activity_lines": [ 24.564353, 24.208123, 24.86339, 24.699437 ] }, { "date": "2024-07-26", "close": 24.458254, "volume": 664127, "typical_volume": 746507.1, "trend": 24.161051, "fair_value": 18.869532, "relative_strength": 3.274478, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 26.572381, "energy": 17.126689, "activity_lines": [ 24.566306, 24.24061, 24.793677, 24.729441 ] }, { "date": "2024-08-02", "close": 23.354948, "volume": 222390, "typical_volume": 703348.65, "trend": 24.288254, "fair_value": 18.900353, "relative_strength": -1.563778, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -17.165765, "energy": 9.836499, "activity_lines": [ 24.197236, 24.110663, 24.617202, 24.677434 ] }, { "date": "2024-08-09", "close": 21.382666, "volume": 601781, "typical_volume": 683266.55, "trend": 24.356808, "fair_value": 18.91614, "relative_strength": -6.879535, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -45.775062, "energy": 44.86685, "activity_lines": [ 23.208491, 23.652831, 24.255446, 24.489977 ] }, { "date": "2024-08-16", "close": 22.222349, "volume": 243999, "typical_volume": 601073.35, "trend": 24.374681, "fair_value": 18.9397, "relative_strength": -5.10522, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -63.693522, "energy": 64.59327, "activity_lines": [ 22.714444, 23.383528, 23.986989, 24.35227 ] }, { "date": "2024-08-23", "close": 23.686916, "volume": 389792, "typical_volume": 506930.7, "trend": 24.416868, "fair_value": 18.959825, "relative_strength": -1.071278, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -55.860128, "energy": 61.268521, "activity_lines": [ 22.842675, 23.393292, 23.87796, 24.307898 ] }, { "date": "2024-08-30", "close": 23.725969, "volume": 593720, "typical_volume": 446263.8, "trend": 24.46616, "fair_value": 18.978026, "relative_strength": -0.369899, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -55.136164, "energy": 54.953886, "activity_lines": [ 23.077656, 23.391339, 23.799338, 24.263324 ] }, { "date": "2024-09-06", "close": 23.335419, "volume": 1644662, "typical_volume": 501893.45, "trend": 24.476641, "fair_value": 18.992638, "relative_strength": -1.492698, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -50.266847, "energy": 29.324141, "activity_lines": [ 23.231272, 23.330804, 23.699794, 24.190373 ] }, { "date": "2024-09-13", "close": 22.964397, "volume": 277271, "typical_volume": 444247.55, "trend": 24.500547, "fair_value": 19.008566, "relative_strength": -0.811073, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -42.568683, "energy": 21.682546, "activity_lines": [ 23.262517, 23.213461, 23.577933, 24.092808 ] }, { "date": "2024-09-20", "close": 23.23778, "volume": 276810, "typical_volume": 432843.2, "trend": 24.512932, "fair_value": 19.031176, "relative_strength": -1.44347, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -37.434224, "energy": 21.124402, "activity_lines": [ 23.27944, 23.175648, 23.499451, 24.01134 ] }, { "date": "2024-09-27", "close": 23.140144, "volume": 183202, "typical_volume": 420316.1, "trend": 24.510454, "fair_value": 19.051074, "relative_strength": -4.086769, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -37.212813, "energy": 23.263218, "activity_lines": [ 23.196123, 23.138191, 23.424456, 23.922773 ] }, { "date": "2024-10-04", "close": 23.296366, "volume": 706025, "typical_volume": 443943.95, "trend": 24.483521, "fair_value": 19.077305, "relative_strength": -0.017519, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -36.455863, "energy": 22.416897, "activity_lines": [ 23.201331, 23.164642, 23.384564, 23.844444 ] }, { "date": "2024-10-11", "close": 23.589277, "volume": 242065, "typical_volume": 443593.3, "trend": 24.473446, "fair_value": 19.106342, "relative_strength": 0.888192, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -33.064654, "energy": 17.017113, "activity_lines": [ 23.332816, 23.265475, 23.388097, 23.786751 ] }, { "date": "2024-10-18", "close": 24.214157, "volume": 791255, "typical_volume": 467633.3, "trend": 24.474526, "fair_value": 19.136022, "relative_strength": 4.301547, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -9.582823, "energy": 7.710068, "activity_lines": [ 23.655671, 23.475662, 23.458071, 23.770023 ] }, { "date": "2024-10-25", "close": 24.077467, "volume": 322421, "typical_volume": 475719.25, "trend": 24.396742, "fair_value": 19.16784, "relative_strength": 3.780438, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -7.063963, "energy": 10.482823, "activity_lines": [ 23.849645, 23.609515, 23.510935, 23.744406 ] }, { "date": "2024-11-01", "close": 24.897623, "volume": 263879, "typical_volume": 478127.95, "trend": 24.250285, "fair_value": 19.210248, "relative_strength": 6.08095, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 25.385533, "energy": 23.910368, "activity_lines": [ 24.261025, 23.858757, 23.636423, 23.776721 ] }, { "date": "2024-11-08", "close": 23.140144, "volume": 477329, "typical_volume": 476982.25, "trend": 24.116847, "fair_value": 19.239672, "relative_strength": -2.257398, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -17.008079, "energy": 16.103038, "activity_lines": [ 23.969414, 23.766446, 23.583838, 23.705099 ] }, { "date": "2024-11-15", "close": 23.921246, "volume": 507039, "typical_volume": 491217.7, "trend": 24.045246, "fair_value": 19.273867, "relative_strength": 3.79355, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -10.067227, "energy": 11.069072, "activity_lines": [ 23.948584, 23.826803, 23.611688, 23.69248 ] }, { "date": "2024-11-22", "close": 23.686916, "volume": 262657, "typical_volume": 483305.95, "trend": 23.947934, "fair_value": 19.307852, "relative_strength": 2.233581, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -20.870906, "energy": 10.338994, "activity_lines": [ 23.827514, 23.833905, 23.617221, 23.669362 ] }, { "date": "2024-11-29", "close": 23.23778, "volume": 177987, "typical_volume": 479618.4, "trend": 23.858432, "fair_value": 19.341189, "relative_strength": 1.851512, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -35.794566, "energy": 19.794994, "activity_lines": [ 23.591881, 23.746208, 23.584349, 23.623545 ] }, { "date": "2024-12-06", "close": 23.335419, "volume": 191284, "typical_volume": 451984.75, "trend": 23.723367, "fair_value": 19.377968, "relative_strength": -0.310009, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -34.427884, "energy": 18.495478, "activity_lines": [ 23.444773, 23.676264, 23.565519, 23.589802 ] }, { "date": "2024-12-13", "close": 23.140144, "volume": 100238, "typical_volume": 423790.3, "trend": 23.609456, "fair_value": 19.414435, "relative_strength": -2.570498, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -41.294854, "energy": 23.239254, "activity_lines": [ 23.336721, 23.567264, 23.53646, 23.552175 ] }, { "date": "2024-12-20", "close": 22.749594, "volume": 104390, "typical_volume": 417890.3, "trend": 23.532973, "fair_value": 19.45145, "relative_strength": -2.679982, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -57.068253, "energy": 39.82151, "activity_lines": [ 23.098485, 23.390097, 23.476483, 23.4967 ] }, { "date": "2024-12-27", "close": 22.651957, "volume": 72616, "typical_volume": 391432.05, "trend": 23.50954, "fair_value": 19.49453, "relative_strength": -3.043944, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -58.554271, "energy": 47.365369, "activity_lines": [ 22.905814, 23.210443, 23.410089, 23.43986 ] }, { "date": "2025-01-03", "close": 24.018883, "volume": 322363, "typical_volume": 395350.25, "trend": 23.545991, "fair_value": 19.540973, "relative_strength": 0.444464, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -35.769068, "energy": 20.206238, "activity_lines": [ 23.237782, 23.307726, 23.467835, 23.472721 ] }, { "date": "2025-01-10", "close": 25.044081, "volume": 507831, "typical_volume": 401252.2, "trend": 23.625729, "fair_value": 19.589057, "relative_strength": 4.315942, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 22.824556, "energy": 17.51447, "activity_lines": [ 23.859409, 23.592473, 23.614664, 23.569372 ] }, { "date": "2025-01-17", "close": 24.65353, "volume": 654717, "typical_volume": 404302.05, "trend": 23.633866, "fair_value": 19.639216, "relative_strength": 1.141259, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 55.976011, "energy": 44.171133, "activity_lines": [ 24.236942, 23.803549, 23.717834, 23.635682 ] }, { "date": "2025-01-24", "close": 24.848806, "volume": 314173, "typical_volume": 337777.6, "trend": 23.664784, "fair_value": 19.692858, "relative_strength": 0.976818, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 60.968995, "energy": 58.155029, "activity_lines": [ 24.578674, 24.022612, 23.835186, 23.714065 ] }, { "date": "2025-01-31", "close": 24.116522, "volume": 1078384, "typical_volume": 377833.25, "trend": 23.648511, "fair_value": 19.742274, "relative_strength": -2.561285, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 54.380293, "energy": 55.481919, "activity_lines": [ 24.536365, 24.091669, 23.875589, 23.74321 ] }, { "date": "2025-02-07", "close": 24.409433, "volume": 459498, "typical_volume": 386967.65, "trend": 23.65437, "fair_value": 19.78899, "relative_strength": -1.58801, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 54.385395, "energy": 50.399467, "activity_lines": [ 24.494054, 24.206171, 23.938402, 23.792301 ] }, { "date": "2025-02-14", "close": 24.555891, "volume": 677188, "typical_volume": 411666.95, "trend": 23.636469, "fair_value": 19.833476, "relative_strength": -0.719683, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 55.46971, "energy": 38.138468, "activity_lines": [ 24.474526, 24.325999, 24.009585, 23.850464 ] }, { "date": "2025-02-21", "close": 25.044081, "volume": 352469, "typical_volume": 393989.15, "trend": 23.655997, "fair_value": 19.881677, "relative_strength": 1.084509, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 62.643421, "energy": 35.841042, "activity_lines": [ 24.650275, 24.512398, 24.12052, 23.941278 ] }, { "date": "2025-02-28", "close": 26.166914, "volume": 806483, "typical_volume": 422210.05, "trend": 23.749729, "fair_value": 19.938133, "relative_strength": 7.713737, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 78.438848, "energy": 64.016799, "activity_lines": [ 25.174264, 24.868332, 24.330069, 24.103272 ] }, { "date": "2025-03-07", "close": 25.434631, "volume": 201897, "typical_volume": 392742.15, "trend": 23.884795, "fair_value": 19.98966, "relative_strength": 7.113472, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 61.293613, "energy": 60.861388, "activity_lines": [ 25.366285, 25.028991, 24.457603, 24.211976 ] }, { "date": "2025-03-14", "close": 23.335419, "volume": 277144, "typical_volume": 390478.3, "trend": 23.921897, "fair_value": 20.030783, "relative_strength": -1.105916, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 35.526602, "energy": 25.245757, "activity_lines": [ 24.770694, 24.75738, 24.3794, 24.176532 ] }, { "date": "2025-03-21", "close": 22.710537, "volume": 260594, "typical_volume": 390314.05, "trend": 23.889351, "fair_value": 20.074239, "relative_strength": -4.043832, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 8.775991, "energy": 8.016468, "activity_lines": [ 24.038411, 24.384581, 24.245217, 24.09838 ] }, { "date": "2025-03-28", "close": 22.944868, "volume": 270566, "typical_volume": 379975.9, "trend": 23.863314, "fair_value": 20.11861, "relative_strength": -5.036584, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -20.069069, "energy": 24.746494, "activity_lines": [ 23.507261, 24.096816, 24.143767, 24.037445 ] }, { "date": "2025-04-04", "close": 23.00345, "volume": 24512, "typical_volume": 355849.55, "trend": 23.852249, "fair_value": 20.161478, "relative_strength": -3.332949, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -20.84277, "energy": 32.157675, "activity_lines": [ 23.135587, 23.850769, 24.048826, 23.98197 ] }, { "date": "2025-04-11", "close": 20.015736, "volume": 222993, "typical_volume": 353866.35, "trend": 23.75396, "fair_value": 20.184191, "relative_strength": -12.7568, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -85.915986, "energy": 79.452861, "activity_lines": [ 21.978905, 23.095053, 23.673711, 23.734453 ] }, { "date": "2025-04-18", "close": 23.289637, "volume": 198939, "typical_volume": 354913.95, "trend": 23.755688, "fair_value": 20.228009, "relative_strength": 1.105065, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -59.815514, "energy": 62.171445, "activity_lines": [ 22.274783, 23.009151, 23.627878, 23.704497 ] }, { "date": "2025-04-25", "close": 22.065945, "volume": 352774, "typical_volume": 362988.45, "trend": 23.719882, "fair_value": 20.262316, "relative_strength": -5.699045, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.656377, "energy": 56.487546, "activity_lines": [ 22.165817, 22.72112, 23.465256, 23.595481 ] }, { "date": "2025-05-02", "close": 21.592255, "volume": 227028, "typical_volume": 369327.95, "trend": 23.663078, "fair_value": 20.292635, "relative_strength": -5.735855, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.849033, "energy": 56.201257, "activity_lines": [ 21.941926, 22.392235, 23.263566, 23.458215 ] }, { "date": "2025-05-09", "close": 20.565933, "volume": 198587, "typical_volume": 374037.8, "trend": 23.5623, "fair_value": 20.316851, "relative_strength": -8.436209, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -72.25096, "energy": 47.003754, "activity_lines": [ 21.466102, 21.939507, 22.971501, 23.258399 ] }, { "date": "2025-05-16", "close": 21.690941, "volume": 273253, "typical_volume": 384069.65, "trend": 23.478193, "fair_value": 20.347207, "relative_strength": -4.189626, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -58.265565, "energy": 44.500581, "activity_lines": [ 21.527782, 21.793161, 22.796979, 23.137666 ] }, { "date": "2025-05-23", "close": 21.710678, "volume": 175643, "typical_volume": 376733.65, "trend": 23.3993, "fair_value": 20.379237, "relative_strength": -1.454505, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -56.062187, "energy": 42.09001, "activity_lines": [ 21.484361, 21.718471, 22.628913, 23.023633 ] }, { "date": "2025-05-30", "close": 22.440947, "volume": 323074, "typical_volume": 367495.8, "trend": 23.317411, "fair_value": 20.41952, "relative_strength": 3.60226, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -52.527503, "energy": 32.598652, "activity_lines": [ 21.789626, 21.806098, 22.541387, 22.961804 ] }, { "date": "2025-06-06", "close": 22.776476, "volume": 187528, "typical_volume": 344136.35, "trend": 23.305288, "fair_value": 20.465287, "relative_strength": 4.93769, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -36.149031, "energy": 17.971742, "activity_lines": [ 22.181734, 21.959632, 22.498213, 22.926905 ] }, { "date": "2025-06-13", "close": 21.296202, "volume": 100718, "typical_volume": 333463.6, "trend": 23.217787, "fair_value": 20.500255, "relative_strength": -0.406591, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -44.602053, "energy": 21.979564, "activity_lines": [ 22.00147, 21.847087, 22.322998, 22.797287 ] }, { "date": "2025-06-20", "close": 20.309353, "volume": 286246, "typical_volume": 293856.7, "trend": 23.105201, "fair_value": 20.527469, "relative_strength": -2.762968, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.168369, "energy": 33.819295, "activity_lines": [ 21.443572, 21.586156, 22.070715, 22.609646 ] }, { "date": "2025-06-27", "close": 22.046207, "volume": 291945, "typical_volume": 285479.05, "trend": 23.065482, "fair_value": 20.567602, "relative_strength": 1.236238, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -47.77918, "energy": 27.31246, "activity_lines": [ 21.55673, 21.635678, 22.001976, 22.541323 ] }, { "date": "2025-07-04", "close": 21.138306, "volume": 144877, "typical_volume": 258863.5, "trend": 22.992245, "fair_value": 20.606915, "relative_strength": -4.237938, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -53.635604, "energy": 34.160144, "activity_lines": [ 21.344886, 21.542735, 21.858024, 22.416989 ] }, { "date": "2025-07-11", "close": 21.158043, "volume": 944056, "typical_volume": 288442.85, "trend": 22.926175, "fair_value": 20.650879, "relative_strength": -4.256729, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -54.008353, "energy": 38.683593, "activity_lines": [ 21.226465, 21.470246, 21.732225, 22.298654 ] }, { "date": "2025-07-18", "close": 20.931067, "volume": 294928, "typical_volume": 262865.1, "trend": 22.865558, "fair_value": 20.692078, "relative_strength": -2.811177, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -57.11804, "energy": 34.890816, "activity_lines": [ 21.140279, 21.364384, 21.603315, 22.169937 ] }, { "date": "2025-07-25", "close": 19.815928, "volume": 485458, "typical_volume": 277043.15, "trend": 22.771023, "fair_value": 20.725057, "relative_strength": -7.271208, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -71.74856, "energy": 58.486723, "activity_lines": [ 20.706724, 21.049131, 21.393134, 21.973187 ] }, { "date": "2025-08-01", "close": 19.312635, "volume": 136657, "typical_volume": 270018.8, "trend": 22.614148, "fair_value": 20.75481, "relative_strength": -9.262847, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -73.685502, "energy": 67.970604, "activity_lines": [ 20.138299, 20.67646, 21.161776, 21.750065 ] }, { "date": "2025-08-08", "close": 18.977106, "volume": 143516, "typical_volume": 264164.9, "trend": 22.411916, "fair_value": 20.781222, "relative_strength": -10.836164, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -74.978189, "energy": 73.886179, "activity_lines": [ 19.640269, 20.286386, 20.917618, 21.515417 ] }, { "date": "2025-08-15", "close": 17.881704, "volume": 157466, "typical_volume": 258509.9, "trend": 22.186188, "fair_value": 20.799778, "relative_strength": -15.052949, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -82.889288, "energy": 84.063085, "activity_lines": [ 18.921185, 19.760126, 20.586915, 21.223145 ] }, { "date": "2025-08-22", "close": 18.345524, "volume": 535366, "typical_volume": 284052.6, "trend": 21.969412, "fair_value": 20.816785, "relative_strength": -12.896995, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -71.03981, "energy": 80.418817, "activity_lines": [ 18.57513, 19.407193, 20.324496, 20.975361 ] }, { "date": "2025-08-29", "close": 20.24, "volume": 453812, "typical_volume": 295593.55, "trend": 21.840195, "fair_value": 20.84403, "relative_strength": -2.63233, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.37322, "energy": 54.217455, "activity_lines": [ 19.032937, 19.452359, 20.264684, 20.863786 ] }, { "date": "2025-09-05", "close": 20.5, "volume": 321627, "typical_volume": 301727.95, "trend": 21.70988, "fair_value": 20.873895, "relative_strength": -0.667009, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -46.8948, "energy": 34.263125, "activity_lines": [ 19.549139, 19.546059, 20.228565, 20.777321 ] }, { "date": "2025-09-12", "close": 19.700001, "volume": 609812, "typical_volume": 314579.85, "trend": 21.548017, "fair_value": 20.899702, "relative_strength": -2.641023, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -40.228914, "energy": 23.040177, "activity_lines": [ 19.719517, 19.522417, 20.12954, 20.647652 ] }, { "date": "2025-09-19", "close": 18.6, "volume": 324687, "typical_volume": 319462.8, "trend": 21.333215, "fair_value": 20.919292, "relative_strength": -10.694983, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -51.100828, "energy": 25.151597, "activity_lines": [ 19.475035, 19.324926, 19.93702, 20.457457 ] }, { "date": "2025-09-26", "close": 19.450001, "volume": 211864, "typical_volume": 320126.65, "trend": 21.109318, "fair_value": 20.94564, "relative_strength": -10.836302, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -39.506119, "energy": 24.002674, "activity_lines": [ 19.466001, 19.32849, 19.8397, 20.335959 ] }, { "date": "2025-10-03", "close": 20.35, "volume": 515701, "typical_volume": 332249.05, "trend": 20.93983, "fair_value": 20.977281, "relative_strength": -8.069798, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -33.391282, "energy": 20.509089, "activity_lines": [ 19.683334, 19.522619, 19.833409, 20.286971 ] }, { "date": "2025-10-10", "close": 20.34, "volume": 199951, "typical_volume": 333464.45, "trend": 20.839983, "fair_value": 21.012647, "relative_strength": -8.617452, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -28.017275, "energy": 14.987401, "activity_lines": [ 19.89, 19.70522, 19.832551, 20.248272 ] }, { "date": "2025-10-17", "close": 19.700001, "volume": 480889, "typical_volume": 341355.2, "trend": 20.739631, "fair_value": 21.044032, "relative_strength": -12.042457, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -28.753845, "energy": 14.709705, "activity_lines": [ 19.894, 19.752778, 19.777268, 20.174725 ] }, { "date": "2025-10-24", "close": 20.01, "volume": 237618, "typical_volume": 343859.7, "trend": 20.641803, "fair_value": 21.074019, "relative_strength": -9.730956, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -16.314278, "energy": 12.177042, "activity_lines": [ 20.001334, 19.843555, 19.764561, 20.127652 ] }, { "date": "2025-10-31", "close": 19.99, "volume": 466222, "typical_volume": 362134.9, "trend": 20.541354, "fair_value": 21.10545, "relative_strength": -9.83961, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -15.193795, "energy": 9.771138, "activity_lines": [ 20.008, 19.892, 19.763122, 20.085601 ] }, { "date": "2025-11-07", "close": 19.200001, "volume": 318889, "typical_volume": 363767.05, "trend": 20.514163, "fair_value": 21.130003, "relative_strength": -10.505342, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -38.221395, "energy": 18.129145, "activity_lines": [ 19.715334, 19.76691, 19.692666, 19.999062 ] }, { "date": "2025-11-14", "close": 19.030001, "volume": 205326, "typical_volume": 359436.1, "trend": 20.372175, "fair_value": 21.156488, "relative_strength": -10.010817, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -42.731931, "energy": 26.147042, "activity_lines": [ 19.442667, 19.629819, 19.611301, 19.903309 ] }, { "date": "2025-11-21", "close": 18.700001, "volume": 467288, "typical_volume": 375556.65, "trend": 20.259977, "fair_value": 21.182309, "relative_strength": -9.95332, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -58.041042, "energy": 42.386769, "activity_lines": [ 19.147334, 19.459455, 19.512872, 19.795427 ] }, { "date": "2025-11-28", "close": 17.42, "volume": 1304004, "typical_volume": 393554.05, "trend": 20.120902, "fair_value": 21.204035, "relative_strength": -12.881385, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -72.943979, "energy": 64.602236, "activity_lines": [ 18.492001, 19.074546, 19.304148, 19.612203 ] }, { "date": "2025-12-05", "close": 17.950001, "volume": 203019, "typical_volume": 388958.6, "trend": 20.033704, "fair_value": 21.227224, "relative_strength": -9.862494, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.474549, "energy": 64.605597, "activity_lines": [ 18.186001, 18.807455, 19.1637, 19.472145 ] }, { "date": "2025-12-12", "close": 18.0, "volume": 136086, "typical_volume": 371490.0, "trend": 19.910673, "fair_value": 21.252909, "relative_strength": -10.154518, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.658965, "energy": 65.547328, "activity_lines": [ 18.032667, 18.576728, 19.04221, 19.340938 ] }, { "date": "2025-12-19", "close": 18.200001, "volume": 193921, "typical_volume": 374353.2, "trend": 19.79365, "fair_value": 21.279877, "relative_strength": -6.681926, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.409349, "energy": 61.349986, "activity_lines": [ 18.026001, 18.425092, 18.948415, 19.230572 ] }, { "date": "2025-12-26", "close": 18.0, "volume": 194073, "typical_volume": 376881.05, "trend": 19.645619, "fair_value": 21.303991, "relative_strength": -8.182979, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -58.638914, "energy": 44.715712, "activity_lines": [ 18.008, 18.276001, 18.840871, 19.114853 ] }, { "date": "2026-01-02", "close": 18.27, "volume": 158735, "typical_volume": 376944.5, "trend": 19.495403, "fair_value": 21.328506, "relative_strength": -6.765545, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -55.501893, "energy": 36.053226, "activity_lines": [ 18.126667, 18.20691, 18.763693, 19.026103 ] }, { "date": "2026-01-09", "close": 17.6, "volume": 117725, "typical_volume": 356062.45, "trend": 19.372196, "fair_value": 21.348122, "relative_strength": -9.167763, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.271471, "energy": 38.784005, "activity_lines": [ 17.965333, 18.047637, 18.620858, 18.903819 ] }, { "date": "2026-01-16", "close": 17.5, "volume": 217442, "typical_volume": 344243.95, "trend": 19.278551, "fair_value": 21.366613, "relative_strength": -12.205341, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.036605, "energy": 40.806081, "activity_lines": [ 17.794, 17.913637, 18.472048, 18.783032 ] }, { "date": "2026-01-23", "close": 17.08, "volume": 292107, "typical_volume": 342767.95, "trend": 19.113011, "fair_value": 21.378906, "relative_strength": -16.321899, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.700203, "energy": 51.970435, "activity_lines": [ 17.516, 17.734182, 18.296286, 18.64119 ] }, { "date": "2026-01-30", "close": 17.6, "volume": 367317, "typical_volume": 330643.2, "trend": 18.995067, "fair_value": 21.394169, "relative_strength": -15.304893, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -57.791462, "energy": 47.994712, "activity_lines": [ 17.486, 17.684727, 18.186334, 18.543576 ] }, { "date": "2026-02-06", "close": 17.17, "volume": 135196, "typical_volume": 321168.65, "trend": 18.862132, "fair_value": 21.402687, "relative_strength": -15.56512, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.776665, "energy": 50.973481, "activity_lines": [ 17.339333, 17.577091, 18.045429, 18.42583 ] }, { "date": "2026-02-13", "close": 17.07, "volume": 81597, "typical_volume": 314655.3, "trend": 18.73343, "fair_value": 21.407784, "relative_strength": -16.114187, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.27401, "energy": 50.482994, "activity_lines": [ 17.232667, 17.455818, 17.90181, 18.310209 ] }, { "date": "2026-02-20", "close": 16.559999, "volume": 209021, "typical_volume": 299321.3, "trend": 18.624899, "fair_value": 21.409853, "relative_strength": -15.90132, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -71.059324, "energy": 57.253367, "activity_lines": [ 16.991333, 17.257818, 17.720952, 18.169987 ] }, { "date": "2026-02-27", "close": 15.95, "volume": 94102, "typical_volume": 294028.85, "trend": 18.512811, "fair_value": 21.411759, "relative_strength": -16.599047, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -81.050408, "energy": 79.901752, "activity_lines": [ 16.609333, 16.975091, 17.500048, 17.997413 ] }, { "date": "2026-03-06", "close": 15.39, "volume": 386137, "typical_volume": 289291.25, "trend": 18.393241, "fair_value": 21.408867, "relative_strength": -19.400114, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -83.619763, "energy": 86.83385, "activity_lines": [ 16.116, 16.631454, 17.246714, 17.795942 ] }, { "date": "2026-03-13", "close": 15.01, "volume": 197113, "typical_volume": 287266.0, "trend": 18.297518, "fair_value": 21.40366, "relative_strength": -21.71405, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -83.525264, "energy": 90.222636, "activity_lines": [ 15.643333, 16.266182, 16.977714, 17.577668 ] }, { "date": "2026-03-20", "close": 14.51, "volume": 179782, "typical_volume": 272944.0, "trend": 18.169667, "fair_value": 21.394159, "relative_strength": -24.186602, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -84.302584, "energy": 92.683078, "activity_lines": [ 15.148, 15.869273, 16.684905, 17.333312 ] }, { "date": "2026-03-27", "close": 15.25, "volume": 337532, "typical_volume": 273876.15, "trend": 18.003334, "fair_value": 21.390007, "relative_strength": -20.891489, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.831855, "energy": 80.028726, "activity_lines": [ 15.07, 15.663091, 16.488667, 17.144946 ] }, { "date": "2026-04-03", "close": 15.66, "volume": 133218, "typical_volume": 270270.75, "trend": 17.842, "fair_value": 21.390417, "relative_strength": -19.562184, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.174298, "energy": 58.850549, "activity_lines": [ 15.216, 15.572364, 16.350286, 16.993764 ] }, { "date": "2026-04-10", "close": 15.52, "volume": 184120, "typical_volume": 256112.35, "trend": 17.702667, "fair_value": 21.388641, "relative_strength": -20.477736, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -60.688593, "energy": 51.691476, "activity_lines": [ 15.334667, 15.482, 16.214619, 16.843957 ] }, { "date": "2026-04-17", "close": 15.48, "volume": 120293, "typical_volume": 196926.8, "trend": 17.598667, "fair_value": 21.381698, "relative_strength": -21.538161, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -46.737419, "energy": 38.501227, "activity_lines": [ 15.431333, 15.422182, 16.090286, 16.700559 ] }, { "date": "2026-04-24", "close": 14.76, "volume": 268129, "typical_volume": 200182.3, "trend": 17.442334, "fair_value": 21.36609, "relative_strength": -21.711438, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.723681, "energy": 45.962873, "activity_lines": [ 15.256667, 15.262182, 15.906619, 16.517419 ] }, { "date": "2026-05-01", "close": 14.93, "volume": 214184, "typical_volume": 204087.2, "trend": 17.261667, "fair_value": 21.350958, "relative_strength": -20.881809, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.512891, "energy": 45.747285, "activity_lines": [ 15.122, 15.175091, 15.754333, 16.355333 ] }, { "date": "2026-05-08", "close": 14.2, "volume": 263554, "typical_volume": 207568.85, "trend": 17.057, "fair_value": 21.330287, "relative_strength": -23.226478, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -72.881796, "energy": 54.102637, "activity_lines": [ 14.765333, 14.984909, 15.547143, 16.157806 ] }, { "date": "2026-05-15", "close": 14.88, "volume": 312766, "typical_volume": 213503.5, "trend": 16.896333, "fair_value": 21.312748, "relative_strength": -18.788836, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -58.982422, "energy": 47.794999, "activity_lines": [ 14.732667, 14.950182, 15.423762, 16.017355 ] }, { "date": "2026-05-22", "close": 15.02, "volume": 170971, "typical_volume": 214115.3, "trend": 16.73, "fair_value": 21.300402, "relative_strength": -17.714152, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -56.348063, "energy": 41.969235, "activity_lines": [ 14.789333, 14.950182, 15.328571, 15.896301 ] }, { "date": "2026-05-29", "close": 15.02, "volume": 0, "typical_volume": 208229.05, "trend": 16.564333, "fair_value": 21.284742, "relative_strength": -17.059072, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -54.822724, "energy": 38.835028, "activity_lines": [ 14.876667, 14.95, 15.248857, 15.785978 ] }, { "date": "2026-06-05", "close": 14.49, "volume": 196890, "typical_volume": 207201.45, "trend": 16.407333, "fair_value": 21.262616, "relative_strength": -19.003088, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.05354, "energy": 38.522564, "activity_lines": [ 14.77, 14.844182, 15.130952, 15.652151 ] }, { "date": "2026-06-12", "close": 14.71, "volume": 258939, "typical_volume": 205543.05, "trend": 16.263333, "fair_value": 21.243127, "relative_strength": -17.541414, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -54.290585, "energy": 34.74029, "activity_lines": [ 14.766, 14.792182, 15.048333, 15.542645 ] }, { "date": "2026-06-19", "close": 14.52, "volume": 145114, "typical_volume": 194432.9, "trend": 16.124, "fair_value": 21.219721, "relative_strength": -18.595929, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -57.893776, "energy": 38.205304, "activity_lines": [ 14.664667, 14.722909, 14.958905, 15.430172 ] }, { "date": "2026-06-26", "close": 14.0, "volume": 195629, "typical_volume": 197454.55, "trend": 16.01, "fair_value": 21.192981, "relative_strength": -19.475513, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -71.008601, "energy": 57.404903, "activity_lines": [ 14.414, 14.577273, 14.834619, 15.29314 ] }, { "date": "2026-07-03", "close": 14.1, "volume": 522723, "typical_volume": 219510.85, "trend": 15.881667, "fair_value": 21.161481, "relative_strength": -17.528413, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.607874, "energy": 56.744517, "activity_lines": [ 14.264667, 14.476727, 14.734952, 15.169914 ] }, { "date": "2026-07-10", "close": 14.1, "volume": 630066, "typical_volume": 240563.1, "trend": 15.751667, "fair_value": 21.128754, "relative_strength": -16.807659, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.427067, "energy": 58.968566, "activity_lines": [ 14.176667, 14.388182, 14.649429, 15.054968 ] }, { "date": "2026-07-17", "close": 13.87, "volume": 645491, "typical_volume": 268132.55, "trend": 15.607333, "fair_value": 21.088783, "relative_strength": -16.872156, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.556355, "energy": 60.101187, "activity_lines": [ 14.038, 14.272909, 14.553714, 14.93357 ] }, { "date": "2026-07-24", "close": 14.66, "volume": 441794, "typical_volume": 270915.4, "trend": 15.496, "fair_value": 21.046881, "relative_strength": -12.240137, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -56.243267, "energy": 37.240996, "activity_lines": [ 14.218667, 14.307273, 14.543143, 14.872452 ] }, { "date": "2026-07-31", "close": 15.15, "volume": 693956, "typical_volume": 295757.55, "trend": 15.392, "fair_value": 20.999404, "relative_strength": -7.099675, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -28.10017, "energy": 16.373967, "activity_lines": [ 14.553333, 14.434727, 14.582714, 14.850129 ] }, { "date": "2026-08-07", "close": 15.04, "volume": 590675, "typical_volume": 316302.2, "trend": 15.306667, "fair_value": 20.950609, "relative_strength": -9.523965, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -21.045289, "energy": 15.250879, "activity_lines": [ 14.774667, 14.539818, 14.611143, 14.827419 ] } ], "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." } } }