{ "ticker": { "uuid": "1728ba83-5b72-48f5-9e4d-fe08a2d10ee7", "symbol": "9571", "name": "Munawla Cargo Co. Ltd.", "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": 96.0, "architecture_regime": "downward_expansion", "architecture_regime_label": "Downward Expansion", "architecture_modifier": "Established contraction", "architecture_gate": "down", "architecture_direction": -69.992, "architecture_energy": 86.795, "architecture_maturity": 54.116, "architecture_confidence": 96, "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": 0.0, "rotation_up": 20.71, "upward_expansion": 21.55, "deceleration": 37.19, "rotation_down": 70.64, "downward_expansion": 99.55 }, "activity_lines": [ 16.553333, 17.223636, 18.619286, 20.256968 ], "activity_state": "Wide", "activity_direction": "Expanding", "rotation_direction": "Improving", "price_acceptance": -1.0 }, "latest_close": 16.5, "trend_reference": 22.362333, "distance_from_trend": -0.262152, "trend_direction": "Weakening", "fair_value": 39.602596, "distance_from_fair_value": -0.583361, "fair_value_direction": "Weakening", "relative_strength": -33.056104, "relative_strength_direction": "Weakening", "price_momentum": -0.356474, "excess_performance": -0.324645, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.262152, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.117369, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.583361, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -0.115292, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.330561, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.098614, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.356474, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.045311, "read": "Supply-led" } ], "volume": { "latest": 827, "relative_activity": 0.041936, "balance": 0.045311, "dry_up": 0.071815, "accumulation_observations": 0, "distribution_observations": 2 }, "risk": { "range_context": 0.07958, "annualized_volatility": 0.331374, "from_high_reference": -0.51647, "from_low_reference": 0.03125 }, "levels": { "trend_reference": 22.362333, "fair_value_reference": 39.602596, "structural_low": 16.0, "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": 15, "median_return": -0.051054, "positive_rate": 0.333333, "directional_follow_through": 0.666667, "median_excess_return": -0.043668, "regime_survival": 0.933333, "best_return": 0.076923, "worst_return": -0.135509, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 5, "median_return": -0.134667, "positive_rate": 0.0, "directional_follow_through": 1.0, "median_excess_return": -0.117068, "regime_survival": 0.8, "best_return": -0.054417, "worst_return": -0.222482, "sufficient": true }, { "horizon": "Extended", "sample_count": 2, "median_return": -0.208667, "positive_rate": 0.0, "directional_follow_through": 1.0, "median_excess_return": -0.208794, "regime_survival": 0.5, "best_return": -0.197335, "worst_return": -0.22, "sufficient": false }, { "horizon": "Full cycle", "sample_count": 1, "median_return": -0.373921, "positive_rate": 0.0, "directional_follow_through": 1.0, "median_excess_return": -0.374023, "regime_survival": 0.0, "best_return": -0.373921, "worst_return": -0.373921, "sufficient": false } ], "ledger": [ { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-04-04", "end": "2025-04-11", "tenure": "New", "return": -0.083072, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-04-18", "end": "2026-02-20", "tenure": "Extended", "return": -0.250846, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-02-27", "end": "2026-04-17", "tenure": "Developing", "return": -0.096525, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-04-24", "end": "2026-08-07", "tenure": "Established", "return": -0.227166, "active": true } ], "chart_path": [ { "date": "2023-09-15", "close": 50.671028, "volume": 768558, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-09-22", "close": 61.584789, "volume": 246573, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-09-29", "close": 60.22057, "volume": 95247, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-10-06", "close": 65.612488, "volume": 180723, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-10-13", "close": 71.459145, "volume": 184485, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-10-20", "close": 62.429306, "volume": 138366, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-10-27", "close": 58.011829, "volume": 89028, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-11-03", "close": 57.102348, "volume": 55518, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-11-10", "close": 56.777534, "volume": 15720, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-11-17", "close": 56.842499, "volume": 27240, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-11-24", "close": 56.907463, "volume": 20088, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-12-01", "close": 52.489986, "volume": 59061, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-12-08", "close": 53.659321, "volume": 51975, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-12-15", "close": 55.933022, "volume": 40674, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-12-22", "close": 52.295097, "volume": 50637, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-12-29", "close": 55.478283, "volume": 85965, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-01-05", "close": 56.712574, "volume": 101583, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-01-12", "close": 56.517685, "volume": 79680, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-01-19", "close": 55.997982, "volume": 34686, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-01-26", "close": 56.907463, "volume": 75081, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-02-02", "close": 57.81694, "volume": 50631, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-02-09", "close": 56.972427, "volume": 37131, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-02-16", "close": 57.232277, "volume": 36930, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-02-23", "close": 55.218426, "volume": 72420, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-03-01", "close": 56.062946, "volume": 19419, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-03-08", "close": 55.673164, "volume": 30195, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-03-15", "close": 55.997982, "volume": 22737, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-03-22", "close": 56.842499, "volume": 38124, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-03-29", "close": 57.232277, "volume": 56304, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-04-05", "close": 58.271683, "volume": 51528, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-04-19", "close": 58.401611, "volume": 54516, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-04-26", "close": 53.139618, "volume": 110034, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-05-03", "close": 52.425026, "volume": 6498, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-05-10", "close": 51.970284, "volume": 17013, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-05-17", "close": 50.34621, "volume": 18837, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-05-24", "close": 47.098068, "volume": 38319, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-05-31", "close": 46.448441, "volume": 13818, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-06-07", "close": 45.473995, "volume": 17904, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-06-14", "close": 45.473995, "volume": 12756, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-06-28", "close": 46.578365, "volume": 8151, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-07-05", "close": 45.538963, "volume": 4209, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-07-12", "close": 46.318516, "volume": 15306, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-07-19", "close": 50.800953, "volume": 47934, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-07-26", "close": 48.91703, "volume": 12642, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-08-02", "close": 48.722145, "volume": 13131, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-08-09", "close": 48.657181, "volume": 9261, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-08-16", "close": 48.397327, "volume": 3858, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-08-23", "close": 47.7477, "volume": 6213, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-08-30", "close": 46.058666, "volume": 8547, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-09-06", "close": 45.798817, "volume": 8196, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-09-13", "close": 46.38348, "volume": 2958, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-09-20", "close": 47.098068, "volume": 3099, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-09-27", "close": 45.863773, "volume": 2577, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-10-04", "close": 47.098068, "volume": 807, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-10-11", "close": 47.877625, "volume": 2958, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-10-18", "close": 47.7477, "volume": 8160, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-10-25", "close": 47.81266, "volume": 32026, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-11-01", "close": 41.576225, "volume": 30434, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-11-08", "close": 42.875484, "volume": 22024, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-11-15", "close": 41.576225, "volume": 12261, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-11-22", "close": 44.174744, "volume": 11430, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-11-29", "close": 42.225857, "volume": 6469, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-12-06", "close": 41.576225, "volume": 3206, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-12-13", "close": 43.395187, "volume": 26999, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-12-20", "close": 42.225857, "volume": 15790, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-12-27", "close": 42.355785, "volume": 6349, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-01-03", "close": 42.74556, "volume": 4026, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-01-10", "close": 42.290821, "volume": 3147, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-01-17", "close": 44.499554, "volume": 11750, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-01-24", "close": 42.225857, "volume": 10160, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-01-31", "close": 44.239708, "volume": 12185, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-02-07", "close": 43.35294, "volume": 2548, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-02-14", "close": 44.338234, "volume": 6232, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-02-21", "close": 43.68137, "volume": 4353, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-02-28", "close": 44.075489, "volume": 2006, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-03-07", "close": 44.535294, "volume": 2424, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-03-14", "close": 44.0098, "volume": 1669, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-03-21", "close": 43.090195, "volume": 841, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-03-28", "close": 42.367645, "volume": 743, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-04-04", "close": 41.907841, "volume": 12685, "typical_volume": 7250.6, "trend": 43.974109, "fair_value": 50.18084, "relative_strength": -8.338492, "stage": 4, "regime": "balance", "modifier": "Neutral compression", "gate": "down", "direction": -59.136616, "energy": 38.916818, "activity_lines": [ 42.722351, 43.26277, 43.275893, 43.403128 ] }, { "date": "2025-04-11", "close": 38.426472, "volume": 36170, "typical_volume": 8487.6, "trend": 43.708875, "fair_value": 50.035725, "relative_strength": -12.645617, "stage": 4, "regime": "balance", "modifier": "Neutral compression", "gate": "down", "direction": -82.647725, "energy": 73.229379, "activity_lines": [ 41.137123, 42.329428, 42.824538, 43.045216 ] }, { "date": "2025-04-18", "close": 37.375492, "volume": 14338, "typical_volume": 8881.05, "trend": 43.38479, "fair_value": 49.881331, "relative_strength": -14.827027, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -88.395355, "energy": 87.731454, "activity_lines": [ 39.608824, 41.310695, 42.300462, 42.636611 ] }, { "date": "2025-04-25", "close": 37.769608, "volume": 6156, "typical_volume": 9028.55, "trend": 43.114984, "fair_value": 49.735407, "relative_strength": -14.845841, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -79.158885, "energy": 87.939702, "activity_lines": [ 38.654183, 40.472299, 41.837019, 42.274341 ] }, { "date": "2025-05-02", "close": 38.820591, "volume": 1076, "typical_volume": 7732.4, "trend": 42.839068, "fair_value": 49.605469, "relative_strength": -10.357768, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.37967, "energy": 84.877739, "activity_lines": [ 38.404577, 39.944421, 41.491795, 41.997283 ] }, { "date": "2025-05-09", "close": 37.506863, "volume": 3302, "typical_volume": 7108.0, "trend": 42.493376, "fair_value": 49.463132, "relative_strength": -11.595234, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -72.876806, "energy": 85.62932, "activity_lines": [ 37.953531, 39.266061, 41.043239, 41.65327 ] }, { "date": "2025-05-16", "close": 36.784313, "volume": 7440, "typical_volume": 7162.55, "trend": 42.12793, "fair_value": 49.315704, "relative_strength": -13.754688, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -74.508944, "energy": 69.33138, "activity_lines": [ 37.555033, 38.575758, 40.548339, 41.284943 ] }, { "date": "2025-05-23", "close": 36.127449, "volume": 2475, "typical_volume": 7085.0, "trend": 41.738423, "fair_value": 49.164115, "relative_strength": -12.645167, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -75.867668, "energy": 62.800508, "activity_lines": [ 37.047058, 37.906952, 40.017413, 40.897816 ] }, { "date": "2025-05-30", "close": 35.470589, "volume": 2282, "typical_volume": 7041.75, "trend": 41.534902, "fair_value": 49.008507, "relative_strength": -12.367136, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -76.587822, "energy": 65.062266, "activity_lines": [ 36.403333, 37.262032, 39.455442, 40.493439 ] }, { "date": "2025-06-06", "close": 35.667648, "volume": 1993, "typical_volume": 6553.9, "trend": 41.29464, "fair_value": 48.858609, "relative_strength": -11.625759, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -69.873246, "energy": 64.157383, "activity_lines": [ 35.978562, 36.79148, 38.944717, 40.114907 ] }, { "date": "2025-06-13", "close": 34.222549, "volume": 3375, "typical_volume": 6214.65, "trend": 41.049518, "fair_value": 48.695987, "relative_strength": -13.574735, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -80.103878, "energy": 82.801851, "activity_lines": [ 35.282288, 36.18, 38.33842, 39.658643 ] }, { "date": "2025-06-20", "close": 33.5, "volume": 3295, "typical_volume": 5770.15, "trend": 40.693693, "fair_value": 48.528998, "relative_strength": -13.199366, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -79.65065, "energy": 81.809589, "activity_lines": [ 34.564118, 35.576881, 37.701419, 39.171577 ] }, { "date": "2025-06-27", "close": 36.061764, "volume": 6059, "typical_volume": 5945.7, "trend": 40.488223, "fair_value": 48.393484, "relative_strength": -10.085494, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.431657, "energy": 56.193358, "activity_lines": [ 34.918823, 35.529109, 37.359538, 38.872743 ] }, { "date": "2025-07-04", "close": 35.470589, "volume": 1309, "typical_volume": 5699.55, "trend": 40.284702, "fair_value": 48.254528, "relative_strength": -12.596603, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.133934, "energy": 49.799919, "activity_lines": [ 35.08085, 35.397736, 36.996074, 38.549025 ] }, { "date": "2025-07-11", "close": 33.204411, "volume": 11545, "typical_volume": 6059.15, "trend": 39.94501, "fair_value": 48.094421, "relative_strength": -17.986496, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -75.297112, "energy": 57.302944, "activity_lines": [ 34.487483, 34.896132, 36.45901, 38.092232 ] }, { "date": "2025-07-18", "close": 31.726471, "volume": 28110, "typical_volume": 7364.35, "trend": 39.59503, "fair_value": 47.922127, "relative_strength": -19.158512, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -79.588319, "energy": 60.029925, "activity_lines": [ 33.565686, 34.227923, 35.831081, 37.562003 ] }, { "date": "2025-07-25", "close": 29.558823, "volume": 78173, "typical_volume": 11151.8, "trend": 39.168465, "fair_value": 47.730842, "relative_strength": -23.69826, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -86.251607, "energy": 83.153102, "activity_lines": [ 32.087745, 33.270695, 35.055514, 36.914506 ] }, { "date": "2025-08-01", "close": 28.652353, "volume": 4279, "typical_volume": 11282.3, "trend": 38.698691, "fair_value": 47.534157, "relative_strength": -25.288413, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -83.972495, "energy": 92.306853, "activity_lines": [ 30.570392, 32.280027, 34.264932, 36.236047 ] }, { "date": "2025-08-08", "close": 28.704901, "volume": 5127, "typical_volume": 11496.6, "trend": 38.245827, "fair_value": 47.342021, "relative_strength": -24.58232, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -77.007015, "energy": 90.411359, "activity_lines": [ 29.564516, 31.434823, 33.552486, 35.591287 ] }, { "date": "2025-08-15", "close": 30.806862, "volume": 21741, "typical_volume": 12546.5, "trend": 37.789404, "fair_value": 47.175, "relative_strength": -17.784065, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.561598, "energy": 85.228734, "activity_lines": [ 29.710339, 31.094807, 33.108729, 35.111354 ] }, { "date": "2025-08-22", "close": 28.941372, "volume": 8062, "typical_volume": 12315.35, "trend": 37.346588, "fair_value": 46.992663, "relative_strength": -22.458971, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -71.925977, "energy": 76.726934, "activity_lines": [ 29.394169, 30.503989, 32.542356, 34.540513 ] }, { "date": "2025-08-29", "close": 29.624508, "volume": 9356, "typical_volume": 10974.65, "trend": 36.859415, "fair_value": 46.820701, "relative_strength": -19.166741, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.967018, "energy": 59.612976, "activity_lines": [ 29.491385, 30.133399, 32.10279, 34.042314 ] }, { "date": "2025-09-05", "close": 29.046471, "volume": 3811, "typical_volume": 10448.3, "trend": 36.382532, "fair_value": 46.646444, "relative_strength": -19.694441, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.946031, "energy": 55.433952, "activity_lines": [ 29.391542, 29.728174, 31.650087, 33.538253 ] }, { "date": "2025-09-12", "close": 29.782156, "volume": 35474, "typical_volume": 11914.2, "trend": 35.89733, "fair_value": 46.482713, "relative_strength": -15.554234, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -59.635837, "energy": 48.938893, "activity_lines": [ 29.510653, 29.584261, 31.30711, 33.112422 ] }, { "date": "2025-09-19", "close": 33.5, "volume": 41996, "typical_volume": 13960.2, "trend": 35.557951, "fair_value": 46.35788, "relative_strength": -7.481925, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -34.857184, "energy": 25.500478, "activity_lines": [ 30.797228, 30.219746, 31.35625, 32.957756 ] }, { "date": "2025-09-26", "close": 32.013332, "volume": 4407, "typical_volume": 14015.45, "trend": 35.155879, "fair_value": 46.221265, "relative_strength": -15.286744, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -34.433379, "energy": 19.890365, "activity_lines": [ 31.408705, 30.579554, 31.289138, 32.729071 ] }, { "date": "2025-10-03", "close": 29.973333, "volume": 43747, "typical_volume": 15830.8, "trend": 34.67048, "fair_value": 46.067982, "relative_strength": -21.376993, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -38.276077, "energy": 21.986689, "activity_lines": [ 31.135385, 30.563236, 31.053901, 32.394713 ] }, { "date": "2025-10-10", "close": 29.893333, "volume": 23666, "typical_volume": 16890.35, "trend": 34.199931, "fair_value": 45.916817, "relative_strength": -21.53778, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -39.318173, "energy": 20.938151, "activity_lines": [ 30.812143, 30.524837, 30.843477, 32.08651 ] }, { "date": "2025-10-17", "close": 30.0, "volume": 10701, "typical_volume": 17311.3, "trend": 33.763591, "fair_value": 45.76944, "relative_strength": -21.355895, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -50.135661, "energy": 27.049483, "activity_lines": [ 30.468, 30.483269, 30.672899, 31.815547 ] }, { "date": "2025-10-24", "close": 29.333332, "volume": 36273, "typical_volume": 19025.3, "trend": 33.329114, "fair_value": 45.61865, "relative_strength": -21.851758, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -55.684804, "energy": 35.161702, "activity_lines": [ 29.88711, 30.296941, 30.464879, 31.529724 ] }, { "date": "2025-10-31", "close": 30.746666, "volume": 18731, "typical_volume": 19793.1, "trend": 32.957075, "fair_value": 45.48345, "relative_strength": -17.996597, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -49.102437, "energy": 28.815395, "activity_lines": [ 30.05511, 30.394374, 30.421625, 31.363114 ] }, { "date": "2025-11-07", "close": 30.219999, "volume": 12111, "typical_volume": 20233.9, "trend": 32.683526, "fair_value": 45.345941, "relative_strength": -16.450518, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -38.365634, "energy": 22.528451, "activity_lines": [ 30.131999, 30.363226, 30.344765, 31.186529 ] }, { "date": "2025-11-14", "close": 28.0, "volume": 5264, "typical_volume": 20194.15, "trend": 32.37101, "fair_value": 45.191067, "relative_strength": -21.241385, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.259142, "energy": 35.655427, "activity_lines": [ 29.452444, 29.917614, 30.072095, 30.884366 ] }, { "date": "2025-11-21", "close": 28.200001, "volume": 1290, "typical_volume": 20193.2, "trend": 32.052023, "fair_value": 45.040703, "relative_strength": -18.901998, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -58.223529, "energy": 34.242793, "activity_lines": [ 28.965778, 29.527394, 29.856862, 30.615268 ] }, { "date": "2025-11-28", "close": 27.379999, "volume": 3610, "typical_volume": 19796.45, "trend": 31.67067, "fair_value": 44.885785, "relative_strength": -17.995998, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.50466, "energy": 52.307482, "activity_lines": [ 28.325778, 29.016848, 29.598155, 30.313847 ] }, { "date": "2025-12-05", "close": 27.200001, "volume": 4631, "typical_volume": 18622.5, "trend": 31.327108, "fair_value": 44.731995, "relative_strength": -17.958967, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.25706, "energy": 59.727592, "activity_lines": [ 27.756, 28.584848, 29.350042, 30.025417 ] }, { "date": "2025-12-12", "close": 26.0, "volume": 13630, "typical_volume": 15395.35, "trend": 30.96763, "fair_value": 44.570513, "relative_strength": -21.675677, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -70.181095, "energy": 66.477928, "activity_lines": [ 27.022667, 28.022182, 29.009197, 29.681733 ] }, { "date": "2025-12-19", "close": 25.0, "volume": 29043, "typical_volume": 16633.55, "trend": 30.596715, "fair_value": 44.403243, "relative_strength": -22.213884, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -77.821458, "energy": 77.317639, "activity_lines": [ 26.237333, 27.349939, 28.59006, 29.296724 ] }, { "date": "2025-12-26", "close": 25.0, "volume": 33732, "typical_volume": 18063.8, "trend": 30.247696, "fair_value": 44.238809, "relative_strength": -22.192088, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -72.647222, "energy": 76.355708, "activity_lines": [ 25.652, 26.766667, 28.188316, 28.935646 ] }, { "date": "2026-01-02", "close": 24.440001, "volume": 13756, "typical_volume": 17664.55, "trend": 29.873441, "fair_value": 44.072432, "relative_strength": -23.515218, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -74.312028, "energy": 80.48972, "activity_lines": [ 25.093334, 26.172485, 27.750881, 28.560956 ] }, { "date": "2026-01-09", "close": 24.9, "volume": 27073, "typical_volume": 18615.1, "trend": 29.562689, "fair_value": 43.912662, "relative_strength": -20.950089, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.17369, "energy": 74.559402, "activity_lines": [ 24.884, 25.750909, 27.387574, 28.240089 ] }, { "date": "2026-01-16", "close": 25.959999, "volume": 7019, "typical_volume": 18498.25, "trend": 29.311356, "fair_value": 43.764293, "relative_strength": -19.580758, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.260217, "energy": 55.670796, "activity_lines": [ 25.181333, 25.628364, 27.144464, 28.007657 ] }, { "date": "2026-01-23", "close": 26.0, "volume": 27909, "typical_volume": 19703.15, "trend": 28.975964, "fair_value": 43.618684, "relative_strength": -21.187571, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -58.297164, "energy": 44.571648, "activity_lines": [ 25.494667, 25.590545, 26.922613, 27.794021 ] }, { "date": "2026-01-30", "close": 27.0, "volume": 45034, "typical_volume": 20181.15, "trend": 28.693611, "fair_value": 43.483573, "relative_strength": -19.319481, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -42.31879, "energy": 29.011746, "activity_lines": [ 26.074667, 25.770909, 26.810508, 27.66654 ] }, { "date": "2026-02-06", "close": 25.639999, "volume": 62431, "typical_volume": 21202.9, "trend": 28.441464, "fair_value": 43.339673, "relative_strength": -21.445319, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -40.390227, "energy": 23.638392, "activity_lines": [ 26.068, 25.725818, 26.582127, 27.469533 ] }, { "date": "2026-02-13", "close": 29.299999, "volume": 65096, "typical_volume": 24237.35, "trend": 28.360581, "fair_value": 43.227356, "relative_strength": -10.157195, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -9.258686, "energy": 14.410252, "activity_lines": [ 27.201333, 26.377818, 26.739746, 27.524922 ] }, { "date": "2026-02-20", "close": 28.0, "volume": 65800, "typical_volume": 25340.0, "trend": 28.308621, "fair_value": 43.106504, "relative_strength": -11.184177, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -17.130339, "energy": 17.997167, "activity_lines": [ 27.608, 26.755272, 26.786476, 27.501659 ] }, { "date": "2026-02-27", "close": 25.9, "volume": 57489, "typical_volume": 27031.15, "trend": 28.216875, "fair_value": 42.971019, "relative_strength": -15.327827, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -23.32189, "energy": 15.529463, "activity_lines": [ 27.178666, 26.714545, 26.642603, 27.346264 ] }, { "date": "2026-03-06", "close": 26.360001, "volume": 8453, "typical_volume": 26918.75, "trend": 28.138712, "fair_value": 42.841246, "relative_strength": -13.591464, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -19.502468, "energy": 14.206066, "activity_lines": [ 26.909333, 26.741091, 26.561555, 27.226465 ] }, { "date": "2026-03-13", "close": 25.860001, "volume": 1163, "typical_volume": 25163.25, "trend": 27.973817, "fair_value": 42.709608, "relative_strength": -15.347374, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -38.800788, "energy": 19.594603, "activity_lines": [ 26.516001, 26.652, 26.450222, 27.079452 ] }, { "date": "2026-03-20", "close": 25.860001, "volume": 0, "typical_volume": 24226.7, "trend": 27.871104, "fair_value": 42.579996, "relative_strength": -14.998482, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -39.355882, "energy": 26.832153, "activity_lines": [ 26.108001, 26.537091, 26.355429, 26.943077 ] }, { "date": "2026-03-27", "close": 26.700001, "volume": 1540, "typical_volume": 23698.15, "trend": 27.773621, "fair_value": 42.458775, "relative_strength": -12.70354, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -36.157616, "energy": 22.987261, "activity_lines": [ 26.209334, 26.557455, 26.363905, 26.867521 ] }, { "date": "2026-04-03", "close": 26.1, "volume": 13610, "typical_volume": 24115.45, "trend": 27.675405, "fair_value": 42.334844, "relative_strength": -15.298606, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -39.075798, "energy": 21.363615, "activity_lines": [ 26.197334, 26.455273, 26.332, 26.759546 ] }, { "date": "2026-04-10", "close": 24.9, "volume": 15316, "typical_volume": 24816.75, "trend": 27.512667, "fair_value": 42.203755, "relative_strength": -19.073776, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -58.940515, "energy": 35.270942, "activity_lines": [ 25.772, 26.133091, 26.194857, 26.580488 ] }, { "date": "2026-04-17", "close": 23.4, "volume": 27855, "typical_volume": 26029.0, "trend": 27.176, "fair_value": 42.063429, "relative_strength": -24.691649, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -69.561451, "energy": 49.742207, "activity_lines": [ 24.944, 25.576364, 25.930572, 26.315154 ] }, { "date": "2026-04-24", "close": 21.35, "volume": 22736, "typical_volume": 26934.25, "trend": 26.820556, "fair_value": 41.909996, "relative_strength": -27.874906, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -81.427514, "energy": 73.69079, "activity_lines": [ 23.596667, 24.687637, 25.49, 25.939283 ] }, { "date": "2026-05-01", "close": 22.209999, "volume": 106699, "typical_volume": 31587.7, "trend": 26.561778, "fair_value": 41.765143, "relative_strength": -24.744915, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -70.273802, "energy": 75.153249, "activity_lines": [ 22.836666, 24.099818, 25.159191, 25.641828 ] }, { "date": "2026-05-08", "close": 22.139999, "volume": 78182, "typical_volume": 34044.65, "trend": 26.303333, "fair_value": 41.621894, "relative_strength": -23.194707, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.782848, "energy": 75.180715, "activity_lines": [ 22.352666, 23.604545, 24.839762, 25.356552 ] }, { "date": "2026-05-15", "close": 20.540001, "volume": 27924, "typical_volume": 33754.25, "trend": 25.988, "fair_value": 41.469127, "relative_strength": -27.803526, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -79.523905, "energy": 84.313338, "activity_lines": [ 21.599333, 22.886727, 24.381571, 24.984724 ] }, { "date": "2026-05-22", "close": 20.26, "volume": 54799, "typical_volume": 35806.4, "trend": 25.685556, "fair_value": 41.316543, "relative_strength": -28.252878, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -76.458615, "energy": 82.062931, "activity_lines": [ 21.043333, 22.223818, 23.917952, 24.615176 ] }, { "date": "2026-05-29", "close": 20.26, "volume": 0, "typical_volume": 34452.75, "trend": 25.336, "fair_value": 41.166139, "relative_strength": -27.495909, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -73.450244, "energy": 82.659204, "activity_lines": [ 20.696667, 21.662727, 23.474238, 24.26514 ] }, { "date": "2026-06-05", "close": 18.84, "volume": 12476, "typical_volume": 34725.6, "trend": 24.956667, "fair_value": 41.007798, "relative_strength": -31.556953, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -81.554636, "energy": 87.648839, "activity_lines": [ 19.949333, 20.945273, 22.917381, 23.846043 ] }, { "date": "2026-06-12", "close": 18.450001, "volume": 7328, "typical_volume": 33696.55, "trend": 24.638333, "fair_value": 40.84894, "relative_strength": -32.516877, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -77.826874, "energy": 80.826606, "activity_lines": [ 19.296667, 20.299818, 22.357286, 23.426258 ] }, { "date": "2026-06-19", "close": 18.65, "volume": 4742, "typical_volume": 31681.95, "trend": 24.32, "fair_value": 40.693703, "relative_strength": -31.482898, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -71.110632, "energy": 71.711047, "activity_lines": [ 18.956667, 19.829818, 21.852191, 23.039914 ] }, { "date": "2026-06-26", "close": 18.639999, "volume": 2578, "typical_volume": 28689.3, "trend": 24.028667, "fair_value": 40.540552, "relative_strength": -29.482134, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -68.467042, "energy": 61.82372, "activity_lines": [ 18.739333, 19.471636, 21.385905, 22.673462 ] }, { "date": "2026-07-03", "close": 18.549999, "volume": 10617, "typical_volume": 25965.35, "trend": 23.740333, "fair_value": 40.388893, "relative_strength": -28.312139, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.538655, "energy": 61.032459, "activity_lines": [ 18.6, 19.183636, 20.944381, 22.32 ] }, { "date": "2026-07-10", "close": 17.799999, "volume": 2347, "typical_volume": 22792.7, "trend": 23.467, "fair_value": 40.234174, "relative_strength": -30.365445, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -73.546363, "energy": 62.634672, "activity_lines": [ 18.324666, 18.810181, 20.482619, 21.936753 ] }, { "date": "2026-07-17", "close": 17.1, "volume": 2536, "typical_volume": 20045.05, "trend": 23.203667, "fair_value": 40.076799, "relative_strength": -31.840358, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -76.859659, "energy": 66.009134, "activity_lines": [ 17.885333, 18.389636, 20.002762, 21.525978 ] }, { "date": "2026-07-24", "close": 16.6, "volume": 2019, "typical_volume": 19723.35, "trend": 22.923667, "fair_value": 39.918172, "relative_strength": -33.646034, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -78.236936, "energy": 79.673442, "activity_lines": [ 17.369333, 17.969818, 19.51719, 21.099935 ] }, { "date": "2026-07-31", "close": 16.0, "volume": 283, "typical_volume": 19679.35, "trend": 22.642333, "fair_value": 39.757647, "relative_strength": -34.154712, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -80.458937, "energy": 87.34854, "activity_lines": [ 16.79, 17.512545, 19.020952, 20.653247 ] }, { "date": "2026-08-07", "close": 16.5, "volume": 827, "typical_volume": 19720.7, "trend": 22.362333, "fair_value": 39.602596, "relative_strength": -33.056104, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -69.991659, "energy": 86.794755, "activity_lines": [ 16.553333, 17.223636, 18.619286, 20.256968 ] } ], "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." } } }