{ "ticker": { "uuid": "12d06505-371e-4aca-9fc0-17607341b989", "symbol": "2062", "name": "Sunspring Metal Corporation", "exchange": "TAI", "country": "TW", "assetType": "equity" }, "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.", "analysis": { "eligible": true, "as_of": "2026-08-14", "benchmark": "^TWII", "stage": 4, "stage_name": "Declining", "phase": "4b", "phase_label": "Stage 4B \u00b7 Declining", "transition": "stage_4_declining", "transition_label": "Stage 4 decline intact", "confidence": 96.0, "architecture_regime": "downward_expansion", "architecture_regime_label": "Downward Expansion", "architecture_modifier": "Established contraction", "architecture_gate": "down", "architecture_direction": -59.233, "architecture_energy": 44.84, "architecture_maturity": 39.718, "architecture_confidence": 94.262, "architecture_tenure": "Established", "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": 18.89, "rotation_up": 24.85, "upward_expansion": 6.87, "deceleration": 47.65, "rotation_down": 52.6, "downward_expansion": 82.53 }, "activity_lines": [ 18.753334, 18.858182, 19.121667, 19.547312 ], "activity_state": "Moderate", "activity_direction": "Expanding", "rotation_direction": "Improving", "price_acceptance": -0.833333 }, "latest_close": 18.75, "trend_reference": 20.193333, "distance_from_trend": -0.071476, "trend_direction": "Weakening", "fair_value": 24.496958, "distance_from_fair_value": -0.234599, "fair_value_direction": "Weakening", "relative_strength": -36.846349, "relative_strength_direction": "Improving", "price_momentum": -0.119718, "excess_performance": -0.56109, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.071476, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.027608, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.234599, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -0.01265, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.368463, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.051852, "read": "Improving" }, { "label": "Price momentum", "positive": false, "value": -0.119718, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.792879, "read": "Supply-led" } ], "volume": { "latest": 654445, "relative_activity": 0.411741, "balance": 0.792879, "dry_up": 0.610554, "accumulation_observations": 2, "distribution_observations": 2 }, "risk": { "range_context": 0.038564, "annualized_volatility": 0.207261, "from_high_reference": -0.234721, "from_low_reference": 0.041667 }, "levels": { "trend_reference": 20.193333, "fair_value_reference": 24.496958, "structural_low": 18.0, "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": 29, "median_return": -0.00266, "positive_rate": 0.413793, "directional_follow_through": 0.586207, "median_excess_return": -0.026979, "regime_survival": 0.793103, "best_return": 0.144105, "worst_return": -0.24924, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 10, "median_return": -0.012006, "positive_rate": 0.3, "directional_follow_through": 0.7, "median_excess_return": -0.074326, "regime_survival": 0.6, "best_return": 0.095349, "worst_return": -0.191759, "sufficient": true }, { "horizon": "Extended", "sample_count": 6, "median_return": -0.019707, "positive_rate": 0.166667, "directional_follow_through": 0.833333, "median_excess_return": -0.08946, "regime_survival": 0.333333, "best_return": 0.143591, "worst_return": -0.210777, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 3, "median_return": -0.124929, "positive_rate": 0.333333, "directional_follow_through": 0.666667, "median_excess_return": -0.15463, "regime_survival": 0.333333, "best_return": 0.0037, "worst_return": -0.229615, "sufficient": false } ], "ledger": [ { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2023-07-07", "end": "2023-08-25", "tenure": "Developing", "return": -0.005485, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2023-09-01", "end": "2023-11-03", "tenure": "Developing", "return": 0.024943, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2023-11-10", "end": "2024-06-14", "tenure": "Extended", "return": 0.197452, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-06-21", "end": "2024-07-26", "tenure": "Developing", "return": 0.115373, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-08-02", "end": "2024-10-25", "tenure": "Established", "return": 0.061947, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-11-01", "end": "2024-11-22", "tenure": "New", "return": -0.061747, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2024-11-29", "end": "2024-12-06", "tenure": "New", "return": 0.102256, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-12-13", "end": "2024-12-20", "tenure": "New", "return": 0.097179, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-12-27", "end": "2025-01-10", "tenure": "New", "return": -0.069277, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-01-17", "end": "2026-01-16", "tenure": "Extended", "return": -0.233023, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-01-23", "end": "2026-03-27", "tenure": "Developing", "return": -0.09292, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-04-03", "end": "2026-04-10", "tenure": "New", "return": 0.071078, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-04-17", "end": "2026-05-15", "tenure": "Developing", "return": -0.131818, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-05-22", "end": "2026-08-14", "tenure": "Established", "return": 0.013514, "active": true } ], "chart_path": [ { "date": "2023-08-11", "close": 19.86853, "volume": 457419, "typical_volume": 794543.85, "trend": 19.840634, "fair_value": 21.513132, "relative_strength": -7.576909, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 19.932152, "energy": 29.258104, "activity_lines": [ 20.059223, 19.978151, 19.67403, 19.68565 ] }, { "date": "2023-08-18", "close": 19.958843, "volume": 680713, "typical_volume": 787673.4, "trend": 19.811698, "fair_value": 21.521788, "relative_strength": -5.58947, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 27.096182, "energy": 23.762672, "activity_lines": [ 20.031351, 19.986694, 19.712913, 19.693277 ] }, { "date": "2023-08-25", "close": 19.552443, "volume": 385768, "typical_volume": 796561.8, "trend": 19.782178, "fair_value": 21.519504, "relative_strength": -7.738888, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 3.6601, "energy": 5.825017, "activity_lines": [ 19.862511, 19.916703, 19.713315, 19.67655 ] }, { "date": "2023-09-01", "close": 19.913687, "volume": 377035, "typical_volume": 759336.6, "trend": 19.740214, "fair_value": 21.517712, "relative_strength": -6.635789, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 4.991887, "energy": 8.129631, "activity_lines": [ 19.841438, 19.91671, 19.74987, 19.685035 ] }, { "date": "2023-09-08", "close": 19.778219, "volume": 325374, "typical_volume": 708530.55, "trend": 19.702377, "fair_value": 21.504895, "relative_strength": -6.532676, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 2.198552, "energy": 7.983868, "activity_lines": [ 19.799293, 19.88905, 19.772728, 19.687487 ] }, { "date": "2023-09-15", "close": 20.139465, "volume": 467910, "typical_volume": 688723.95, "trend": 19.688103, "fair_value": 21.492309, "relative_strength": -6.537442, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 41.703767, "energy": 19.096443, "activity_lines": [ 19.907666, 19.931211, 19.827165, 19.715686 ] }, { "date": "2023-09-22", "close": 20.003998, "volume": 499001, "typical_volume": 680513.75, "trend": 19.676516, "fair_value": 21.472865, "relative_strength": -3.634942, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 47.155611, "energy": 25.726646, "activity_lines": [ 19.952822, 19.94003, 19.864978, 19.736066 ] }, { "date": "2023-09-29", "close": 20.003998, "volume": 298146, "typical_volume": 641160.55, "trend": 19.667809, "fair_value": 21.465401, "relative_strength": -3.413909, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 47.256885, "energy": 30.714583, "activity_lines": [ 19.994967, 19.946527, 19.898891, 19.757194 ] }, { "date": "2023-10-06", "close": 19.958843, "volume": 351410, "typical_volume": 619156.1, "trend": 19.656157, "fair_value": 21.456868, "relative_strength": -4.276349, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 48.219858, "energy": 31.674057, "activity_lines": [ 19.991957, 19.944064, 19.9209, 19.775971 ] }, { "date": "2023-10-13", "close": 20.003998, "volume": 276432, "typical_volume": 601573.2, "trend": 19.669055, "fair_value": 21.460912, "relative_strength": -5.254115, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 48.485829, "energy": 27.860309, "activity_lines": [ 20.000988, 19.955558, 19.941055, 19.798412 ] }, { "date": "2023-10-20", "close": 19.642752, "volume": 388000, "typical_volume": 590771.45, "trend": 19.66559, "fair_value": 21.459765, "relative_strength": -4.770602, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 15.024553, "energy": 7.784771, "activity_lines": [ 19.874552, 19.905477, 19.919819, 19.796715 ] }, { "date": "2023-10-27", "close": 19.778219, "volume": 157382, "typical_volume": 543964.5, "trend": 19.657999, "fair_value": 21.453211, "relative_strength": -1.859375, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 16.192377, "energy": 11.198378, "activity_lines": [ 19.826385, 19.88413, 19.907864, 19.803981 ] }, { "date": "2023-11-03", "close": 20.4104, "volume": 757365, "typical_volume": 537348.15, "trend": 19.674362, "fair_value": 21.445481, "relative_strength": -0.816837, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 61.147502, "energy": 27.170763, "activity_lines": [ 20.003998, 19.98101, 19.955762, 19.852523 ] }, { "date": "2023-11-10", "close": 21.268358, "volume": 1239093, "typical_volume": 588452.8, "trend": 19.725084, "fair_value": 21.44142, "relative_strength": 2.502278, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 79.066693, "energy": 65.285666, "activity_lines": [ 20.440503, 20.218282, 20.082415, 19.955362 ] }, { "date": "2023-11-17", "close": 21.810228, "volume": 1487927, "typical_volume": 629502.7, "trend": 19.812593, "fair_value": 21.456781, "relative_strength": 1.963718, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 88.103861, "energy": 88.298349, "activity_lines": [ 20.970331, 20.529447, 20.253428, 20.089887 ] }, { "date": "2023-11-24", "close": 21.539295, "volume": 655126, "typical_volume": 632513.55, "trend": 19.885309, "fair_value": 21.470667, "relative_strength": 0.294306, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 74.604121, "energy": 88.594171, "activity_lines": [ 21.289432, 20.754405, 20.390047, 20.201287 ] }, { "date": "2023-12-01", "close": 22.171474, "volume": 945373, "typical_volume": 623032.15, "trend": 19.984859, "fair_value": 21.485729, "relative_strength": 2.368269, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 84.662386, "energy": 93.921764, "activity_lines": [ 21.692823, 21.068853, 20.577925, 20.348782 ] }, { "date": "2023-12-08", "close": 22.532721, "volume": 2856962, "typical_volume": 715328.25, "trend": 20.122377, "fair_value": 21.50363, "relative_strength": 4.351788, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 84.112908, "energy": 92.75136, "activity_lines": [ 22.05708, 21.409574, 20.789278, 20.51316 ] }, { "date": "2023-12-15", "close": 22.758499, "volume": 1182480, "typical_volume": 712895.8, "trend": 20.258778, "fair_value": 21.522455, "relative_strength": 3.710044, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 81.724454, "energy": 89.245289, "activity_lines": [ 22.355108, 21.745368, 21.009896, 20.683232 ] }, { "date": "2023-12-22", "close": 23.029434, "volume": 1924303, "typical_volume": 785660.95, "trend": 20.408532, "fair_value": 21.544848, "relative_strength": 5.453685, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 80.22864, "energy": 78.989639, "activity_lines": [ 22.644105, 22.079521, 21.244491, 20.861984 ] }, { "date": "2023-12-29", "close": 22.803656, "volume": 629000, "typical_volume": 794240.0, "trend": 20.539237, "fair_value": 21.564224, "relative_strength": 2.60347, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 69.249027, "energy": 66.26424, "activity_lines": [ 22.776562, 22.317615, 21.444252, 21.016509 ] }, { "date": "2024-01-05", "close": 22.893969, "volume": 691053, "typical_volume": 794757.0, "trend": 20.645587, "fair_value": 21.586793, "relative_strength": 5.552652, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.686862, "energy": 62.732112, "activity_lines": [ 22.854833, 22.514659, 21.638637, 21.168427 ] }, { "date": "2024-01-12", "close": 23.255213, "volume": 1566273, "typical_volume": 853782.25, "trend": 20.761097, "fair_value": 21.610633, "relative_strength": 7.313345, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 72.944939, "energy": 60.769247, "activity_lines": [ 23.005352, 22.720733, 21.853449, 21.33679 ] }, { "date": "2024-01-19", "close": 22.487564, "volume": 1161859, "typical_volume": 893023.45, "trend": 20.85246, "fair_value": 21.623015, "relative_strength": 2.99402, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.293104, "energy": 49.377222, "activity_lines": [ 22.851822, 22.735511, 21.97752, 21.448175 ] }, { "date": "2024-01-26", "close": 23.119747, "volume": 931824, "typical_volume": 923345.95, "trend": 20.956253, "fair_value": 21.643895, "relative_strength": 4.180714, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.640742, "energy": 47.803248, "activity_lines": [ 22.927082, 22.843064, 22.149542, 21.594451 ] }, { "date": "2024-02-02", "close": 22.84881, "volume": 622335, "typical_volume": 931067.2, "trend": 21.062538, "fair_value": 21.664606, "relative_strength": 2.73694, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 58.180579, "energy": 42.047049, "activity_lines": [ 22.906008, 22.877547, 22.279849, 21.716552 ] }, { "date": "2024-02-09", "close": 22.577877, "volume": 168000, "typical_volume": 914517.15, "trend": 21.15259, "fair_value": 21.689856, "relative_strength": 1.465043, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 44.820595, "energy": 32.014274, "activity_lines": [ 22.791614, 22.838959, 22.37145, 21.814316 ] }, { "date": "2024-02-16", "close": 25.106598, "volume": 3604169, "typical_volume": 1079818.3, "trend": 21.324052, "fair_value": 21.734975, "relative_strength": 9.694124, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 82.673991, "energy": 55.06486, "activity_lines": [ 23.541199, 23.25275, 22.691626, 22.069413 ] }, { "date": "2024-02-23", "close": 26.641893, "volume": 10851436, "typical_volume": 1604819.6, "trend": 21.536284, "fair_value": 21.789936, "relative_strength": 14.489666, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 87.423736, "energy": 80.372747, "activity_lines": [ 24.679124, 23.898887, 23.133722, 22.412499 ] }, { "date": "2024-03-01", "close": 26.777363, "volume": 4637590, "typical_volume": 1822877.5, "trend": 21.754536, "fair_value": 21.826418, "relative_strength": 14.580753, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 83.661746, "energy": 89.32877, "activity_lines": [ 25.58525, 24.499049, 23.556896, 22.750634 ] }, { "date": "2024-03-08", "close": 25.919403, "volume": 3874041, "typical_volume": 1997179.55, "trend": 21.956232, "fair_value": 21.853218, "relative_strength": 6.144799, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.872715, "energy": 86.200713, "activity_lines": [ 25.961548, 24.875073, 23.866106, 23.019335 ] }, { "date": "2024-03-15", "close": 24.925976, "volume": 3009309, "typical_volume": 2139775.9, "trend": 22.121803, "fair_value": 21.860838, "relative_strength": 2.614675, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.908915, "energy": 79.425016, "activity_lines": [ 25.801998, 25.013824, 24.050814, 23.210931 ] }, { "date": "2024-03-22", "close": 24.655041, "volume": 1985597, "typical_volume": 2201187.5, "trend": 22.29189, "fair_value": 21.85731, "relative_strength": -1.206198, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.044498, "energy": 52.7626, "activity_lines": [ 25.395596, 25.066369, 24.185206, 23.374366 ] }, { "date": "2024-03-29", "close": 26.325806, "volume": 2562352, "typical_volume": 2267350.45, "trend": 22.505627, "fair_value": 21.869721, "relative_strength": 5.085801, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 70.204739, "energy": 49.342477, "activity_lines": [ 25.576219, 25.397238, 24.458506, 23.634618 ] }, { "date": "2024-04-05", "close": 26.506428, "volume": 2985000, "typical_volume": 2342204.1, "trend": 22.729901, "fair_value": 21.879368, "relative_strength": 5.507523, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.758705, "energy": 46.564944, "activity_lines": [ 25.838123, 25.691161, 24.724925, 23.892735 ] }, { "date": "2024-04-12", "close": 25.738779, "volume": 3902300, "typical_volume": 2504562.8, "trend": 22.916545, "fair_value": 21.880172, "relative_strength": 0.478275, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 55.4878, "energy": 41.097985, "activity_lines": [ 25.862206, 25.783935, 24.895872, 24.086856 ] }, { "date": "2024-04-19", "close": 26.777363, "volume": 8865121, "typical_volume": 2900550.2, "trend": 23.142323, "fair_value": 21.889726, "relative_strength": 10.762739, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.838803, "energy": 46.476516, "activity_lines": [ 26.244525, 26.012999, 25.145734, 24.335941 ] }, { "date": "2024-04-26", "close": 26.461271, "volume": 7020742, "typical_volume": 3108739.2, "trend": 23.357566, "fair_value": 21.880259, "relative_strength": 6.107559, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 58.145236, "energy": 41.430629, "activity_lines": [ 26.398054, 26.108236, 25.343559, 24.550066 ] }, { "date": "2024-05-03", "close": 26.732206, "volume": 3729488, "typical_volume": 3236089.6, "trend": 23.583345, "fair_value": 21.857627, "relative_strength": 5.944495, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 60.005119, "energy": 39.912733, "activity_lines": [ 26.521479, 26.228104, 25.54848, 24.767785 ] }, { "date": "2024-05-10", "close": 27.54501, "volume": 8277598, "typical_volume": 3553754.35, "trend": 23.834712, "fair_value": 21.856414, "relative_strength": 6.933944, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.220172, "energy": 42.80526, "activity_lines": [ 26.888746, 26.494112, 25.811889, 25.023376 ] }, { "date": "2024-05-17", "close": 27.454697, "volume": 10931249, "typical_volume": 4068866.8, "trend": 24.09511, "fair_value": 21.862205, "relative_strength": 3.607512, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.384402, "energy": 41.598967, "activity_lines": [ 27.15667, 26.729743, 26.045194, 25.256924 ] }, { "date": "2024-05-24", "close": 27.003139, "volume": 3698195, "typical_volume": 4219223.9, "trend": 24.335941, "fair_value": 21.894383, "relative_strength": 0.253772, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 57.517888, "energy": 39.727589, "activity_lines": [ 27.15968, 26.855358, 26.213345, 25.444539 ] }, { "date": "2024-05-31", "close": 26.641893, "volume": 2233635, "typical_volume": 4252592.0, "trend": 24.543657, "fair_value": 21.920323, "relative_strength": 0.541493, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 54.706343, "energy": 36.402195, "activity_lines": [ 27.027223, 26.877525, 26.327524, 25.59331 ] }, { "date": "2024-06-07", "close": 26.325806, "volume": 1807172, "typical_volume": 4284857.65, "trend": 24.712239, "fair_value": 21.943453, "relative_strength": -3.816448, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 40.432601, "energy": 25.210921, "activity_lines": [ 26.777362, 26.806097, 26.395473, 25.708287 ] }, { "date": "2024-06-14", "close": 25.467846, "volume": 2537000, "typical_volume": 4365116.45, "trend": 24.834159, "fair_value": 21.956116, "relative_strength": -9.605424, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 27.618292, "energy": 14.443927, "activity_lines": [ 26.268607, 26.578676, 26.363434, 25.757036 ] }, { "date": "2024-06-21", "close": 25.467846, "volume": 1251165, "typical_volume": 4396557.95, "trend": 24.965111, "fair_value": 21.9727, "relative_strength": -12.444942, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 19.524064, "energy": 14.869314, "activity_lines": [ 25.89833, 26.370139, 26.320214, 25.797919 ] }, { "date": "2024-06-28", "close": 25.196911, "volume": 1110100, "typical_volume": 4443662.95, "trend": 25.065959, "fair_value": 21.989378, "relative_strength": -12.425241, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 2.651332, "energy": 13.166268, "activity_lines": [ 25.570199, 26.117267, 26.238718, 25.812874 ] }, { "date": "2024-07-05", "close": 25.964558, "volume": 1436600, "typical_volume": 4335284.5, "trend": 25.180353, "fair_value": 21.991369, "relative_strength": -11.660396, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 7.5066, "energy": 14.40593, "activity_lines": [ 25.618365, 26.032703, 26.217861, 25.870848 ] }, { "date": "2024-07-12", "close": 25.738779, "volume": 1958017, "typical_volume": 3890613.55, "trend": 25.279696, "fair_value": 21.994264, "relative_strength": -13.649686, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 8.106585, "energy": 11.964849, "activity_lines": [ 25.636427, 25.916119, 26.171415, 25.906875 ] }, { "date": "2024-07-19", "close": 25.738779, "volume": 1619525, "typical_volume": 3739710.3, "trend": 25.370008, "fair_value": 21.994284, "relative_strength": -9.628765, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 8.308721, "energy": 10.247517, "activity_lines": [ 25.693624, 25.817597, 26.129269, 25.936494 ] }, { "date": "2024-07-26", "close": 28.406141, "volume": 2623185, "typical_volume": 3677167.5, "trend": 25.556757, "fair_value": 21.994409, "relative_strength": 2.9409, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 54.634683, "energy": 30.136788, "activity_lines": [ 26.621879, 26.236891, 26.346104, 26.132373 ] }, { "date": "2024-08-02", "close": 31.521055, "volume": 40820978, "typical_volume": 5567750.95, "trend": 25.844327, "fair_value": 22.02888, "relative_strength": 16.310433, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 82.561841, "energy": 74.896628, "activity_lines": [ 28.392553, 27.205233, 26.847755, 26.517167 ] }, { "date": "2024-08-09", "close": 30.777193, "volume": 35691635, "typical_volume": 7253052.85, "trend": 26.095059, "fair_value": 22.064597, "relative_strength": 14.045496, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 76.903739, "energy": 80.488877, "activity_lines": [ 29.493663, 27.956185, 27.247158, 26.835416 ] }, { "date": "2024-08-16", "close": 35.984211, "volume": 84156990, "typical_volume": 11332784.75, "trend": 26.544947, "fair_value": 22.131456, "relative_strength": 27.325014, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 92.810918, "energy": 94.319132, "activity_lines": [ 32.009604, 29.578679, 28.113314, 27.473426 ] }, { "date": "2024-08-23", "close": 36.263161, "volume": 102791529, "typical_volume": 16323111.2, "trend": 26.983061, "fair_value": 22.20847, "relative_strength": 28.539554, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 87.322988, "energy": 94.788675, "activity_lines": [ 33.935499, 31.076284, 28.960044, 28.100407 ] }, { "date": "2024-08-30", "close": 35.240353, "volume": 52164681, "typical_volume": 18736230.25, "trend": 27.396113, "fair_value": 22.291071, "relative_strength": 23.576013, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 72.731427, "energy": 88.980492, "activity_lines": [ 34.818832, 32.191646, 29.662903, 28.633136 ] }, { "date": "2024-09-06", "close": 33.706142, "volume": 17569144, "typical_volume": 19171431.4, "trend": 27.767055, "fair_value": 22.362488, "relative_strength": 22.093366, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.174073, "energy": 81.375088, "activity_lines": [ 34.735148, 32.850378, 30.174401, 29.040235 ] }, { "date": "2024-09-13", "close": 35.286842, "volume": 21799266, "typical_volume": 19910357.6, "trend": 28.106396, "fair_value": 22.447816, "relative_strength": 25.107212, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.752235, "energy": 60.138701, "activity_lines": [ 35.032691, 33.641797, 30.803448, 29.525382 ] }, { "date": "2024-09-20", "close": 37.518421, "volume": 46490008, "typical_volume": 22048383.6, "trend": 28.468947, "fair_value": 22.54529, "relative_strength": 29.716391, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 76.899133, "energy": 60.609071, "activity_lines": [ 35.773451, 34.669462, 31.603, 30.13261 ] }, { "date": "2024-09-27", "close": 38.029827, "volume": 60235424, "typical_volume": 24646274.9, "trend": 28.844029, "fair_value": 22.643073, "relative_strength": 26.834754, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 73.986282, "energy": 58.409305, "activity_lines": [ 36.582399, 35.575934, 32.399894, 30.749441 ] }, { "date": "2024-10-04", "close": 38.262283, "volume": 13333866, "typical_volume": 24766405.75, "trend": 29.255459, "fair_value": 22.743966, "relative_strength": 29.622897, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 70.918198, "energy": 58.615437, "activity_lines": [ 37.351054, 36.301198, 33.168999, 31.35707 ] }, { "date": "2024-10-11", "close": 32.218422, "volume": 17795574, "typical_volume": 25471274.7, "trend": 29.49854, "fair_value": 22.806767, "relative_strength": 5.962553, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 58.8411, "energy": 43.318722, "activity_lines": [ 35.903627, 35.748375, 33.311033, 31.548229 ] }, { "date": "2024-10-18", "close": 34.82193, "volume": 16386087, "typical_volume": 26178897.3, "trend": 29.837437, "fair_value": 22.888151, "relative_strength": 11.205996, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 45.867507, "energy": 31.953209, "activity_lines": [ 35.423217, 35.656237, 33.676186, 31.891673 ] }, { "date": "2024-10-25", "close": 33.473686, "volume": 10207123, "typical_volume": 26598894.85, "trend": 30.075699, "fair_value": 22.962517, "relative_strength": 7.214462, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 38.809635, "energy": 21.069728, "activity_lines": [ 34.524387, 35.245424, 33.873983, 32.12627 ] }, { "date": "2024-11-01", "close": 30.870176, "volume": 5955822, "typical_volume": 26769835.95, "trend": 30.221158, "fair_value": 23.018299, "relative_strength": 1.169796, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 19.653967, "energy": 20.513457, "activity_lines": [ 33.027369, 34.406891, 33.789788, 32.177527 ] }, { "date": "2024-11-08", "close": 33.101753, "volume": 17323102, "typical_volume": 27573432.8, "trend": 30.46659, "fair_value": 23.0781, "relative_strength": 4.723107, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 25.19446, "energy": 19.154007, "activity_lines": [ 32.751521, 34.072154, 33.892399, 32.363371 ] }, { "date": "2024-11-15", "close": 29.893862, "volume": 7483450, "typical_volume": 27892100.3, "trend": 30.570473, "fair_value": 23.113007, "relative_strength": -2.118617, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -4.172044, "energy": 17.096388, "activity_lines": [ 31.75041, 33.193047, 33.653145, 32.326421 ] }, { "date": "2024-11-22", "close": 28.964035, "volume": 4657798, "typical_volume": 28053160.2, "trend": 30.653899, "fair_value": 23.144932, "relative_strength": -5.857154, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -28.612964, "energy": 33.215874, "activity_lines": [ 30.594328, 32.214195, 33.302969, 32.22278 ] }, { "date": "2024-11-29", "close": 30.916668, "volume": 18702283, "typical_volume": 28890373.5, "trend": 30.793381, "fair_value": 23.191538, "relative_strength": 3.213289, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -17.758167, "energy": 35.622691, "activity_lines": [ 30.47965, 31.705328, 33.124476, 32.239733 ] }, { "date": "2024-12-06", "close": 34.078072, "volume": 28810689, "typical_volume": 30249931.7, "trend": 31.01115, "fair_value": 23.26247, "relative_strength": 8.932273, "stage": 2, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "up", "direction": 11.732655, "energy": 19.35716, "activity_lines": [ 31.589241, 31.891293, 33.222411, 32.451648 ] }, { "date": "2024-12-13", "close": 29.661404, "volume": 8585525, "typical_volume": 30548048.7, "trend": 31.084706, "fair_value": 23.304819, "relative_strength": -4.475236, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -22.764337, "energy": 21.671518, "activity_lines": [ 31.01275, 31.346077, 32.860001, 32.364568 ] }, { "date": "2024-12-20", "close": 32.543861, "volume": 32162041, "typical_volume": 30115101.85, "trend": 31.269397, "fair_value": 23.367541, "relative_strength": 6.974433, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 19.076438, "energy": 9.946424, "activity_lines": [ 31.626434, 31.481325, 32.766133, 32.458707 ] }, { "date": "2024-12-27", "close": 30.870176, "volume": 8188036, "typical_volume": 28739921.9, "trend": 31.41034, "fair_value": 23.419804, "relative_strength": -1.940169, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -1.943602, "energy": 4.258467, "activity_lines": [ 31.505557, 31.306349, 32.507996, 32.432951 ] }, { "date": "2025-01-03", "close": 30.033333, "volume": 2751165, "typical_volume": 24669630.65, "trend": 31.533924, "fair_value": 23.465349, "relative_strength": -3.074296, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -27.505446, "energy": 19.074773, "activity_lines": [ 30.978655, 31.051069, 32.169717, 32.344112 ] }, { "date": "2025-01-10", "close": 28.731579, "volume": 7245811, "typical_volume": 19892344.75, "trend": 31.642715, "fair_value": 23.501197, "relative_strength": -7.588448, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -35.569873, "energy": 32.37564, "activity_lines": [ 30.076725, 30.621659, 31.735799, 32.163315 ] }, { "date": "2025-01-17", "close": 29.335964, "volume": 4869456, "typical_volume": 17527583.5, "trend": 31.771653, "fair_value": 23.535776, "relative_strength": -6.193777, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "mixed", "direction": -33.559018, "energy": 44.994942, "activity_lines": [ 29.73269, 30.341021, 31.395305, 32.014493 ] }, { "date": "2025-01-24", "close": 29.428947, "volume": 1188105, "typical_volume": 16708531.55, "trend": 31.91272, "fair_value": 23.576094, "relative_strength": -7.361174, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -58.535362, "energy": 58.292681, "activity_lines": [ 29.441345, 30.145758, 31.091784, 31.86335 ] }, { "date": "2025-02-07", "close": 29.800877, "volume": 4940348, "typical_volume": 15865585.65, "trend": 32.040598, "fair_value": 23.617713, "relative_strength": -6.007556, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -57.430463, "energy": 54.823199, "activity_lines": [ 29.481637, 30.026571, 30.844052, 31.727102 ] }, { "date": "2025-02-14", "close": 28.35965, "volume": 4436787, "typical_volume": 13762924.6, "trend": 32.12796, "fair_value": 23.654154, "relative_strength": -9.265651, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.081214, "energy": 52.970448, "activity_lines": [ 29.112807, 29.630128, 30.485184, 31.489622 ] }, { "date": "2025-02-21", "close": 29.428947, "volume": 4084700, "typical_volume": 10955388.4, "trend": 32.250966, "fair_value": 23.687434, "relative_strength": -7.993399, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -55.43393, "energy": 41.957449, "activity_lines": [ 29.211988, 29.474593, 30.271767, 31.315492 ] }, { "date": "2025-02-28", "close": 28.35965, "volume": 2573029, "typical_volume": 10417346.55, "trend": 32.249416, "fair_value": 23.714672, "relative_strength": -8.497092, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.480511, "energy": 41.358426, "activity_lines": [ 28.908246, 29.209171, 29.997469, 31.064439 ] }, { "date": "2025-03-07", "close": 30.963158, "volume": 19213612, "typical_volume": 10488248.45, "trend": 32.230819, "fair_value": 23.763471, "relative_strength": 2.076668, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -41.125075, "energy": 26.622017, "activity_lines": [ 29.537427, 29.440782, 30.018279, 30.981455 ] }, { "date": "2025-03-14", "close": 30.451756, "volume": 5463986, "typical_volume": 9942143.4, "trend": 32.219972, "fair_value": 23.81197, "relative_strength": 3.056954, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -35.470913, "energy": 18.558924, "activity_lines": [ 29.89386, 29.60815, 29.996362, 30.866677 ] }, { "date": "2025-03-21", "close": 30.59123, "volume": 3738932, "typical_volume": 9618733.85, "trend": 32.040205, "fair_value": 23.865422, "relative_strength": 2.243026, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -31.824794, "energy": 17.512113, "activity_lines": [ 30.253393, 29.808486, 30.008539, 30.761597 ] }, { "date": "2025-03-28", "close": 28.499123, "volume": 2692151, "typical_volume": 9455550.3, "trend": 31.781404, "fair_value": 23.90384, "relative_strength": -2.216542, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -47.20996, "energy": 23.426523, "activity_lines": [ 29.766785, 29.618294, 29.835193, 30.53314 ] }, { "date": "2025-04-04", "close": 27.755264, "volume": 2370212, "typical_volume": 8707905.8, "trend": 31.531901, "fair_value": 23.93803, "relative_strength": -3.414756, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.013573, "energy": 37.895378, "activity_lines": [ 29.094211, 29.297082, 29.602294, 30.273389 ] }, { "date": "2025-04-11", "close": 22.873686, "volume": 7503138, "typical_volume": 8708890.2, "trend": 31.170819, "fair_value": 23.939846, "relative_strength": -13.026267, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -86.549001, "energy": 78.172454, "activity_lines": [ 26.834738, 28.11705, 28.929942, 29.714794 ] }, { "date": "2025-04-18", "close": 22.966667, "volume": 3982100, "typical_volume": 8675105.3, "trend": 30.760147, "fair_value": 23.94334, "relative_strength": -11.998826, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -85.149646, "energy": 88.848577, "activity_lines": [ 25.145556, 27.073111, 28.299875, 29.185494 ] }, { "date": "2025-04-25", "close": 23.710527, "volume": 2922093, "typical_volume": 7886095.8, "trend": 30.299884, "fair_value": 23.949979, "relative_strength": -11.106118, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -72.637171, "energy": 87.270973, "activity_lines": [ 24.203334, 26.288677, 27.769211, 28.73068 ] }, { "date": "2025-05-02", "close": 25.291229, "volume": 3175489, "typical_volume": 6604335.8, "trend": 29.875264, "fair_value": 23.962149, "relative_strength": -9.225002, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.680792, "energy": 82.117418, "activity_lines": [ 24.246726, 25.876173, 27.423405, 28.407541 ] }, { "date": "2025-05-09", "close": 23.710527, "volume": 3232592, "typical_volume": 6336689.15, "trend": 29.390205, "fair_value": 23.970141, "relative_strength": -15.196291, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -68.403683, "energy": 74.951341, "activity_lines": [ 23.977077, 25.2515, 26.968898, 28.009816 ] }, { "date": "2025-05-16", "close": 24.640352, "volume": 3098467, "typical_volume": 4883510.45, "trend": 29.137603, "fair_value": 23.98653, "relative_strength": -15.371318, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.035439, "energy": 51.836485, "activity_lines": [ 24.287018, 24.880416, 26.631283, 27.703374 ] }, { "date": "2025-05-23", "close": 24.035967, "volume": 1373243, "typical_volume": 4542770.8, "trend": 28.778071, "fair_value": 24.003645, "relative_strength": -16.498668, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.162505, "energy": 48.464848, "activity_lines": [ 24.277721, 24.514403, 26.273744, 27.374236 ] }, { "date": "2025-05-30", "close": 23.617544, "volume": 2971260, "typical_volume": 4553775.55, "trend": 28.449533, "fair_value": 24.016726, "relative_strength": -16.604356, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.16851, "energy": 48.801314, "activity_lines": [ 24.057662, 24.188964, 25.908898, 27.041299 ] }, { "date": "2025-06-06", "close": 23.106142, "volume": 1303825, "typical_volume": 4256676.25, "trend": 28.190732, "fair_value": 24.02734, "relative_strength": -19.366677, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.480182, "energy": 51.080092, "activity_lines": [ 23.673335, 23.897338, 25.525899, 26.696564 ] }, { "date": "2025-06-13", "close": 22.920176, "volume": 1410177, "typical_volume": 4083712.3, "trend": 27.851346, "fair_value": 24.035949, "relative_strength": -21.319772, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -68.563798, "energy": 54.798455, "activity_lines": [ 23.372691, 23.669953, 25.151977, 26.356528 ] }, { "date": "2025-06-20", "close": 22.548246, "volume": 1596264, "typical_volume": 4104120.25, "trend": 27.606492, "fair_value": 24.039739, "relative_strength": -22.377855, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -68.476797, "energy": 58.45671, "activity_lines": [ 23.000761, 23.462856, 24.773184, 26.014392 ] }, { "date": "2025-06-27", "close": 22.873686, "volume": 1229000, "typical_volume": 3918552.85, "trend": 27.40348, "fair_value": 24.049404, "relative_strength": -23.028536, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.062006, "energy": 58.308365, "activity_lines": [ 22.876785, 23.320846, 24.458151, 25.70905 ] }, { "date": "2025-07-04", "close": 23.571054, "volume": 1083320, "typical_volume": 3750879.5, "trend": 27.158626, "fair_value": 24.069224, "relative_strength": -20.5108, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -60.637819, "energy": 46.096866, "activity_lines": [ 23.06275, 23.307322, 24.24252, 25.461797 ] }, { "date": "2025-07-11", "close": 22.687719, "volume": 1205741, "typical_volume": 3606931.55, "trend": 26.778948, "fair_value": 24.092584, "relative_strength": -24.057543, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.920049, "energy": 54.029964, "activity_lines": [ 22.957369, 23.135727, 23.965565, 25.173351 ] }, { "date": "2025-07-18", "close": 22.687719, "volume": 1326170, "typical_volume": 3544588.6, "trend": 26.546492, "fair_value": 24.113238, "relative_strength": -25.995659, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.56761, "energy": 49.154596, "activity_lines": [ 22.879883, 23.011468, 23.720711, 24.909401 ] }, { "date": "2025-07-25", "close": 23.152632, "volume": 2061181, "typical_volume": 2686967.05, "trend": 26.233451, "fair_value": 24.137683, "relative_strength": -24.269123, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -58.30319, "energy": 43.743193, "activity_lines": [ 22.972866, 22.990335, 23.547144, 24.690442 ] }, { "date": "2025-08-01", "close": 22.687719, "volume": 1157140, "typical_volume": 2471624.75, "trend": 25.960702, "fair_value": 24.155089, "relative_strength": -25.666175, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.736221, "energy": 48.407344, "activity_lines": [ 22.870585, 22.911723, 23.366492, 24.461685 ] }, { "date": "2025-08-08", "close": 23.478071, "volume": 1663648, "typical_volume": 2367860.55, "trend": 25.742194, "fair_value": 24.162132, "relative_strength": -24.421102, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -45.703905, "energy": 36.054546, "activity_lines": [ 23.044152, 23.001324, 23.298083, 24.301516 ] }, { "date": "2025-08-15", "close": 23.896492, "volume": 2066350, "typical_volume": 2336570.5, "trend": 25.581024, "fair_value": 24.171046, "relative_strength": -23.550942, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -39.449645, "energy": 24.884665, "activity_lines": [ 23.363392, 23.169538, 23.303397, 24.182438 ] }, { "date": "2025-08-22", "close": 23.896492, "volume": 3022379, "typical_volume": 2369178.85, "trend": 25.399708, "fair_value": 24.182395, "relative_strength": -21.002285, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -32.954874, "energy": 18.168244, "activity_lines": [ 23.602047, 23.323382, 23.330627, 24.073758 ] }, { "date": "2025-08-29", "close": 23.15, "volume": 4619512, "typical_volume": 2224997.55, "trend": 25.19041, "fair_value": 24.189501, "relative_strength": -24.169541, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -25.722205, "energy": 17.035973, "activity_lines": [ 23.511287, 23.323748, 23.305138, 23.928616 ] }, { "date": "2025-09-05", "close": 22.35, "volume": 2292357, "typical_volume": 2140510.4, "trend": 24.942048, "fair_value": 24.193102, "relative_strength": -26.823012, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.395155, "energy": 28.5391, "activity_lines": [ 23.154035, 23.16772, 23.202143, 23.745364 ] }, { "date": "2025-09-12", "close": 21.6, "volume": 2136147, "typical_volume": 2101213.1, "trend": 24.716726, "fair_value": 24.195686, "relative_strength": -31.230926, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -71.220117, "energy": 44.32417, "activity_lines": [ 22.569298, 22.884849, 23.030656, 23.529748 ] }, { "date": "2025-09-19", "close": 22.25, "volume": 2026731, "typical_volume": 2043775.2, "trend": 24.477428, "fair_value": 24.211909, "relative_strength": -28.611679, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -59.241744, "energy": 55.513257, "activity_lines": [ 22.326433, 22.755997, 22.931124, 23.370604 ] }, { "date": "2025-09-26", "close": 21.9, "volume": 1743000, "typical_volume": 1969295.6, "trend": 24.262106, "fair_value": 24.221558, "relative_strength": -28.79948, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.312459, "energy": 64.225167, "activity_lines": [ 22.076667, 22.571467, 22.812741, 23.204319 ] }, { "date": "2025-10-03", "close": 21.4, "volume": 1770385, "typical_volume": 1902891.5, "trend": 23.943334, "fair_value": 24.23098, "relative_strength": -32.560064, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -70.988049, "energy": 69.45523, "activity_lines": [ 21.793333, 22.310351, 22.65536, 23.019667 ] }, { "date": "2025-10-10", "close": 21.4, "volume": 839485, "typical_volume": 1876203.6, "trend": 23.641609, "fair_value": 24.244732, "relative_strength": -32.881813, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.991875, "energy": 62.95762, "activity_lines": [ 21.626667, 22.081101, 22.513409, 22.85558 ] }, { "date": "2025-10-17", "close": 22.6, "volume": 1759346, "typical_volume": 1815607.9, "trend": 23.375234, "fair_value": 24.266447, "relative_strength": -28.43697, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -57.244258, "energy": 39.152623, "activity_lines": [ 21.923333, 22.093445, 22.498296, 22.78838 ] }, { "date": "2025-10-24", "close": 22.9, "volume": 1610624, "typical_volume": 1830947.85, "trend": 23.188597, "fair_value": 24.297664, "relative_strength": -27.305903, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -37.145767, "energy": 23.597937, "activity_lines": [ 22.253333, 22.1763, 22.5166, 22.75772 ] }, { "date": "2025-10-31", "close": 22.0, "volume": 1187082, "typical_volume": 1819793.1, "trend": 22.996755, "fair_value": 24.31418, "relative_strength": -31.139645, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -40.006296, "energy": 20.232197, "activity_lines": [ 22.24, 22.113636, 22.450171, 22.681036 ] }, { "date": "2025-11-07", "close": 20.25, "volume": 1594993, "typical_volume": 1819729.55, "trend": 22.909299, "fair_value": 24.332199, "relative_strength": -34.590941, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -73.075352, "energy": 37.665313, "activity_lines": [ 21.636667, 21.767273, 22.221458, 22.503826 ] }, { "date": "2025-11-14", "close": 20.35, "volume": 1171745, "typical_volume": 1816866.8, "trend": 22.822076, "fair_value": 24.343822, "relative_strength": -32.895042, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -71.816626, "energy": 58.145657, "activity_lines": [ 21.143333, 21.491818, 22.013212, 22.33871 ] }, { "date": "2025-11-21", "close": 19.25, "volume": 1338182, "typical_volume": 1829609.9, "trend": 22.673392, "fair_value": 24.349747, "relative_strength": -33.533996, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -80.898615, "energy": 81.054644, "activity_lines": [ 20.353333, 21.052727, 21.712222, 22.108253 ] }, { "date": "2025-11-28", "close": 21.0, "volume": 1409384, "typical_volume": 1839792.05, "trend": 22.530351, "fair_value": 24.36526, "relative_strength": -29.999156, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.165715, "energy": 71.863277, "activity_lines": [ 20.37, 20.974545, 21.598475, 22.000293 ] }, { "date": "2025-12-05", "close": 20.799999, "volume": 762048, "typical_volume": 1811585.95, "trend": 22.433334, "fair_value": 24.376721, "relative_strength": -30.752592, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -60.912249, "energy": 65.040233, "activity_lines": [ 20.446666, 20.882727, 21.473718, 21.888657 ] }, { "date": "2025-12-12", "close": 21.200001, "volume": 1051088, "typical_volume": 1761081.3, "trend": 22.318655, "fair_value": 24.388807, "relative_strength": -29.052474, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -55.6629, "energy": 39.781561, "activity_lines": [ 20.736667, 20.883636, 21.396044, 21.809087 ] }, { "date": "2025-12-19", "close": 21.1, "volume": 843495, "typical_volume": 1745399.05, "trend": 22.22079, "fair_value": 24.400251, "relative_strength": -27.414387, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -39.131522, "energy": 22.525988, "activity_lines": [ 20.93, 20.87, 21.318145, 21.730464 ] }, { "date": "2025-12-26", "close": 20.950001, "volume": 686081, "typical_volume": 1696520.7, "trend": 22.131872, "fair_value": 24.409904, "relative_strength": -29.175963, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -36.069963, "energy": 19.995756, "activity_lines": [ 21.023334, 20.834546, 21.233521, 21.648478 ] }, { "date": "2026-01-02", "close": 20.700001, "volume": 854001, "typical_volume": 1635903.25, "trend": 22.051667, "fair_value": 24.418785, "relative_strength": -31.119654, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -38.162973, "energy": 21.277383, "activity_lines": [ 20.920001, 20.783637, 21.137126, 21.556099 ] }, { "date": "2026-01-09", "close": 20.85, "volume": 1067075, "typical_volume": 1538138.05, "trend": 21.982661, "fair_value": 24.427242, "relative_strength": -31.976239, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -36.421476, "energy": 21.727729, "activity_lines": [ 20.886667, 20.8, 21.070238, 21.478572 ] }, { "date": "2026-01-16", "close": 22.5, "volume": 3612070, "typical_volume": 1487765.95, "trend": 21.981053, "fair_value": 24.445999, "relative_strength": -28.486809, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -10.103497, "energy": 8.43643, "activity_lines": [ 21.4, 21.137273, 21.175, 21.511949 ] }, { "date": "2026-01-23", "close": 22.6, "volume": 5252391, "typical_volume": 1635767.65, "trend": 21.97193, "fair_value": 24.457365, "relative_strength": -28.643945, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 2.981194, "energy": 12.684941, "activity_lines": [ 21.86, 21.451818, 21.292381, 21.551881 ] }, { "date": "2026-01-30", "close": 22.1, "volume": 1636181, "typical_volume": 1610769.35, "trend": 21.922895, "fair_value": 24.468019, "relative_strength": -29.67858, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 14.28009, "energy": 21.491047, "activity_lines": [ 22.053333, 21.634546, 21.360953, 21.560144 ] }, { "date": "2026-02-06", "close": 21.299999, "volume": 1042279, "typical_volume": 1561546.75, "trend": 21.876638, "fair_value": 24.468836, "relative_strength": -30.811989, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 10.762155, "energy": 19.844012, "activity_lines": [ 21.903333, 21.62, 21.350952, 21.519957 ] }, { "date": "2026-02-13", "close": 21.15, "volume": 583000, "typical_volume": 1503546.75, "trend": 21.82538, "fair_value": 24.470353, "relative_strength": -34.248157, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -14.76075, "energy": 12.331449, "activity_lines": [ 21.663333, 21.572727, 21.331191, 21.473077 ] }, { "date": "2026-02-27", "close": 22.200001, "volume": 1503124, "typical_volume": 1490183.7, "trend": 21.793626, "fair_value": 24.480816, "relative_strength": -33.691818, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -2.835453, "energy": 4.570465, "activity_lines": [ 21.753333, 21.71, 21.415, 21.497246 ] }, { "date": "2026-03-06", "close": 21.0, "volume": 1623223, "typical_volume": 1529370.6, "trend": 21.737369, "fair_value": 24.484973, "relative_strength": -33.063869, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -34.269602, "energy": 17.685295, "activity_lines": [ 21.463333, 21.610909, 21.380714, 21.446044 ] }, { "date": "2026-03-13", "close": 20.25, "volume": 1496590, "typical_volume": 1516232.8, "trend": 21.629766, "fair_value": 24.484875, "relative_strength": -34.029762, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -48.120446, "energy": 26.720486, "activity_lines": [ 21.03, 21.377273, 21.276905, 21.350085 ] }, { "date": "2026-03-20", "close": 20.200001, "volume": 1077881, "typical_volume": 1489595.65, "trend": 21.50655, "fair_value": 24.48418, "relative_strength": -33.381399, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -58.929433, "energy": 40.617196, "activity_lines": [ 20.703334, 21.147273, 21.179524, 21.257842 ] }, { "date": "2026-03-27", "close": 20.5, "volume": 975329, "typical_volume": 1479008.0, "trend": 21.393333, "fair_value": 24.48984, "relative_strength": -30.388408, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -53.781056, "energy": 45.592256, "activity_lines": [ 20.55, 20.980909, 21.123572, 21.192903 ] }, { "date": "2026-04-03", "close": 20.4, "volume": 933000, "typical_volume": 1445908.35, "trend": 21.301667, "fair_value": 24.494028, "relative_strength": -28.508029, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -53.999701, "energy": 50.043224, "activity_lines": [ 20.406667, 20.802727, 21.065238, 21.128817 ] }, { "date": "2026-04-10", "close": 21.85, "volume": 1130100, "typical_volume": 1443826.1, "trend": 21.285, "fair_value": 24.505849, "relative_strength": -28.501155, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -35.760211, "energy": 19.287578, "activity_lines": [ 20.866667, 20.926364, 21.144286, 21.164194 ] }, { "date": "2026-04-17", "close": 22.0, "volume": 1867056, "typical_volume": 1470269.8, "trend": 21.298333, "fair_value": 24.519185, "relative_strength": -29.825334, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 9.844274, "energy": 7.939838, "activity_lines": [ 21.32, 21.090909, 21.230476, 21.210323 ] }, { "date": "2026-04-24", "close": 21.799999, "volume": 3275331, "typical_volume": 1563567.15, "trend": 21.283333, "fair_value": 24.532347, "relative_strength": -33.324579, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 10.076051, "energy": 14.609382, "activity_lines": [ 21.59, 21.220909, 21.284524, 21.242688 ] }, { "date": "2026-05-01", "close": 20.85, "volume": 937198, "typical_volume": 1572324.65, "trend": 21.248333, "fair_value": 24.543021, "relative_strength": -35.245764, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -0.501036, "energy": 12.250421, "activity_lines": [ 21.436666, 21.169091, 21.244286, 21.214731 ] }, { "date": "2026-05-08", "close": 20.299999, "volume": 2436711, "typical_volume": 1641605.8, "trend": 21.211667, "fair_value": 24.54906, "relative_strength": -39.99447, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -41.204293, "energy": 17.297502, "activity_lines": [ 21.076666, 21.022727, 21.151428, 21.153548 ] }, { "date": "2026-05-15", "close": 19.1, "volume": 2754293, "typical_volume": 1737145.7, "trend": 21.135, "fair_value": 24.548516, "relative_strength": -42.031584, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -67.810655, "energy": 53.645889, "activity_lines": [ 20.323333, 20.692727, 20.948571, 21.017312 ] }, { "date": "2026-05-22", "close": 18.5, "volume": 2997128, "typical_volume": 1852698.05, "trend": 20.998333, "fair_value": 24.549111, "relative_strength": -44.385345, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -76.307934, "energy": 73.99419, "activity_lines": [ 19.553333, 20.288182, 20.698095, 20.847312 ] }, { "date": "2026-05-29", "close": 18.700001, "volume": 3080326, "typical_volume": 1964014.3, "trend": 20.858333, "fair_value": 24.549326, "relative_strength": -45.968108, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -71.368831, "energy": 78.763096, "activity_lines": [ 19.083334, 19.951818, 20.478333, 20.699032 ] }, { "date": "2026-06-05", "close": 19.25, "volume": 2147847, "typical_volume": 2018052.9, "trend": 20.766667, "fair_value": 24.553897, "relative_strength": -43.848023, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.968101, "energy": 76.877814, "activity_lines": [ 19.003334, 19.742727, 20.320476, 20.595269 ] }, { "date": "2026-06-12", "close": 19.15, "volume": 1938025, "typical_volume": 1934350.65, "trend": 20.73, "fair_value": 24.555612, "relative_strength": -42.071752, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.578067, "energy": 72.184411, "activity_lines": [ 18.996667, 19.538182, 20.160714, 20.490968 ] }, { "date": "2026-06-19", "close": 19.0, "volume": 871010, "typical_volume": 1715281.6, "trend": 20.685, "fair_value": 24.551103, "relative_strength": -44.467526, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.185367, "energy": 56.639604, "activity_lines": [ 19.016667, 19.329091, 20.002619, 20.379355 ] }, { "date": "2026-06-26", "close": 18.75, "volume": 1372103, "typical_volume": 1702077.7, "trend": 20.668333, "fair_value": 24.544437, "relative_strength": -41.957454, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.316912, "energy": 46.612223, "activity_lines": [ 18.96, 19.126364, 19.837857, 20.254516 ] }, { "date": "2026-07-03", "close": 19.25, "volume": 921024, "typical_volume": 1696014.95, "trend": 20.61, "fair_value": 24.541253, "relative_strength": -42.302481, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -56.751452, "energy": 40.75953, "activity_lines": [ 19.053333, 19.073636, 19.736667, 20.163011 ] }, { "date": "2026-07-10", "close": 19.299999, "volume": 0, "typical_volume": 1666864.95, "trend": 20.56, "fair_value": 24.536727, "relative_strength": -39.319601, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -46.026106, "energy": 36.650157, "activity_lines": [ 19.126666, 19.076364, 19.65, 20.078495 ] }, { "date": "2026-07-17", "close": 18.799999, "volume": 1246184, "typical_volume": 1654017.95, "trend": 20.48, "fair_value": 24.531213, "relative_strength": -36.200797, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -52.745841, "energy": 37.914879, "activity_lines": [ 19.029999, 19.016363, 19.524524, 19.964946 ] }, { "date": "2026-07-24", "close": 18.700001, "volume": 918000, "typical_volume": 1618756.8, "trend": 20.4, "fair_value": 24.523672, "relative_strength": -37.019519, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.507865, "energy": 41.546128, "activity_lines": [ 18.923333, 18.965454, 19.405714, 19.850107 ] }, { "date": "2026-07-31", "close": 18.85, "volume": 1358055, "typical_volume": 1611830.05, "trend": 20.33, "fair_value": 24.516539, "relative_strength": -34.704119, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -57.866172, "energy": 39.805769, "activity_lines": [ 18.886667, 18.949091, 19.312143, 19.750107 ] }, { "date": "2026-08-07", "close": 18.700001, "volume": 951293, "typical_volume": 1605500.65, "trend": 20.263333, "fair_value": 24.506444, "relative_strength": -35.838879, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -60.638681, "energy": 43.23157, "activity_lines": [ 18.793334, 18.899091, 19.210952, 19.644946 ] }, { "date": "2026-08-14", "close": 18.75, "volume": 654445, "typical_volume": 1589456.45, "trend": 20.193333, "fair_value": 24.496958, "relative_strength": -36.846349, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -59.233058, "energy": 44.839736, "activity_lines": [ 18.753334, 18.858182, 19.121667, 19.547312 ] } ], "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." } } }