{ "ticker": { "uuid": "172c24ef-9db3-4c07-b452-4ee537831391", "symbol": "3128", "name": "Hi Sharp Intelligence Technology Co.,Ltd.", "exchange": "TWO", "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": "Early contraction", "architecture_gate": "down", "architecture_direction": -58.062, "architecture_energy": 53.197, "architecture_maturity": 14.22, "architecture_confidence": 87.447, "architecture_tenure": "New", "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": 26.11, "rotation_up": 13.27, "upward_expansion": 10.23, "deceleration": 40.7, "rotation_down": 65.11, "downward_expansion": 85.9 }, "activity_lines": [ 21.756666, 22.441818, 23.086429, 23.616559 ], "activity_state": "Moderate", "activity_direction": "Expanding", "rotation_direction": "Weakening", "price_acceptance": -0.833333 }, "latest_close": 22.049999, "trend_reference": 24.575, "distance_from_trend": -0.102747, "trend_direction": "Weakening", "fair_value": 27.327032, "distance_from_fair_value": -0.193107, "fair_value_direction": "Improving", "relative_strength": -43.820221, "relative_strength_direction": "Improving", "price_momentum": -0.158397, "excess_performance": -0.599769, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.102747, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.060229, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.193107, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": true, "value": 0.003348, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.438202, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.064749, "read": "Improving" }, { "label": "Price momentum", "positive": false, "value": -0.158397, "read": "Negative" }, { "label": "Volume balance", "positive": true, "value": 1.155287, "read": "Demand-led" } ], "volume": { "latest": 390735, "relative_activity": 0.327479, "balance": 1.155287, "dry_up": 0.502833, "accumulation_observations": 2, "distribution_observations": 2 }, "risk": { "range_context": 0.103611, "annualized_volatility": 0.331939, "from_high_reference": -0.501057, "from_low_reference": 0.130769 }, "levels": { "trend_reference": 24.575, "fair_value_reference": 27.327032, "structural_low": 19.5, "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": 0.006678, "positive_rate": 0.586207, "directional_follow_through": 0.413793, "median_excess_return": -0.016483, "regime_survival": 0.758621, "best_return": 0.390716, "worst_return": -0.142566, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 11, "median_return": -0.021526, "positive_rate": 0.454545, "directional_follow_through": 0.545455, "median_excess_return": 0.019711, "regime_survival": 0.636364, "best_return": 0.730815, "worst_return": -0.125, "sufficient": true }, { "horizon": "Extended", "sample_count": 7, "median_return": -0.003236, "positive_rate": 0.428571, "directional_follow_through": 0.571429, "median_excess_return": -0.119677, "regime_survival": 0.428571, "best_return": 0.522948, "worst_return": -0.159611, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 3, "median_return": 0.105089, "positive_rate": 0.666667, "directional_follow_through": 0.333333, "median_excess_return": -0.108753, "regime_survival": 0.0, "best_return": 0.322091, "worst_return": -0.16233, "sufficient": false } ], "ledger": [ { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2024-11-01", "end": "2025-02-07", "tenure": "Established", "return": 0.05036, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-02-14", "end": "2025-02-14", "tenure": "New", "return": 0.0, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-02-21", "end": "2025-03-07", "tenure": "New", "return": -0.073437, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-03-14", "end": "2025-04-11", "tenure": "Developing", "return": -0.342723, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-04-18", "end": "2025-05-16", "tenure": "Developing", "return": -0.042593, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-05-23", "end": "2025-06-06", "tenure": "New", "return": 0.368421, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-06-13", "end": "2025-08-15", "tenure": "Developing", "return": 0.159944, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-08-22", "end": "2025-10-10", "tenure": "Developing", "return": -0.193243, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-10-17", "end": "2025-11-21", "tenure": "Developing", "return": -0.095726, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-11-28", "end": "2026-01-30", "tenure": "Developing", "return": -0.020183, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-02-06", "end": "2026-02-06", "tenure": "New", "return": 0.0, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-02-13", "end": "2026-07-03", "tenure": "Established", "return": -0.026871, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-07-10", "end": "2026-07-24", "tenure": "New", "return": -0.097107, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-07-31", "end": "2026-08-14", "tenure": "New", "return": 0.018476, "active": true } ], "chart_path": [ { "date": "2023-08-11", "close": 29.497705, "volume": 2952026, "typical_volume": 4838525.75, "trend": 35.269057, "fair_value": 20.823772, "relative_strength": -16.134495, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -75.309439, "energy": 57.733673, "activity_lines": [ 32.393814, 33.926037, 34.00567, 34.5513 ] }, { "date": "2023-08-18", "close": 27.861399, "volume": 1345420, "typical_volume": 4756110.4, "trend": 35.102295, "fair_value": 20.937143, "relative_strength": -20.123211, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -81.221594, "energy": 77.388554, "activity_lines": [ 30.601308, 32.694116, 33.410106, 34.073386 ] }, { "date": "2023-08-25", "close": 28.524767, "volume": 1094113, "typical_volume": 4780527.65, "trend": 34.916225, "fair_value": 21.05451, "relative_strength": -19.085479, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -73.762515, "energy": 78.829222, "activity_lines": [ 29.540552, 31.665199, 32.915214, 33.64903 ] }, { "date": "2023-09-01", "close": 29.011234, "volume": 1105088, "typical_volume": 4669799.25, "trend": 34.669245, "fair_value": 21.171144, "relative_strength": -18.829405, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.214429, "energy": 76.736682, "activity_lines": [ 29.011235, 30.87842, 32.500986, 33.268062 ] }, { "date": "2023-09-08", "close": 27.994074, "volume": 1399192, "typical_volume": 4572513.95, "trend": 34.324088, "fair_value": 21.283311, "relative_strength": -21.602531, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -69.546663, "energy": 75.191698, "activity_lines": [ 28.454007, 30.036745, 32.022721, 32.837406 ] }, { "date": "2023-09-15", "close": 28.215193, "volume": 1283965, "typical_volume": 4430344.65, "trend": 33.906319, "fair_value": 21.396896, "relative_strength": -22.81967, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.872156, "energy": 68.280012, "activity_lines": [ 28.333126, 29.435226, 31.587277, 32.443284 ] }, { "date": "2023-09-22", "close": 26.401993, "volume": 1355297, "typical_volume": 4252345.0, "trend": 33.482384, "fair_value": 21.498601, "relative_strength": -25.126498, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -76.636341, "energy": 66.105372, "activity_lines": [ 27.693346, 28.639202, 30.998634, 31.959134 ] }, { "date": "2023-09-29", "close": 26.092421, "volume": 1028270, "typical_volume": 4183702.15, "trend": 32.958149, "fair_value": 21.598578, "relative_strength": -26.011722, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -75.30603, "energy": 73.081418, "activity_lines": [ 27.047669, 27.952689, 30.41883, 31.482362 ] }, { "date": "2023-10-06", "close": 27.330706, "volume": 951450, "typical_volume": 4166363.05, "trend": 32.529465, "fair_value": 21.705209, "relative_strength": -23.071331, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.346894, "energy": 73.274368, "activity_lines": [ 26.97691, 27.636257, 29.987368, 31.119301 ] }, { "date": "2023-10-13", "close": 26.490442, "volume": 368728, "typical_volume": 4092562.45, "trend": 32.218454, "fair_value": 21.809022, "relative_strength": -26.406578, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -68.236511, "energy": 72.361068, "activity_lines": [ 26.738098, 27.282461, 29.500396, 30.729687 ] }, { "date": "2023-10-20", "close": 24.854136, "volume": 772573, "typical_volume": 4048830.7, "trend": 31.83576, "fair_value": 21.901575, "relative_strength": -29.388986, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -78.501704, "energy": 79.510526, "activity_lines": [ 26.054093, 26.757396, 28.882631, 30.25457 ] }, { "date": "2023-10-27", "close": 25.207932, "volume": 479565, "typical_volume": 3985894.35, "trend": 31.484856, "fair_value": 21.99614, "relative_strength": -26.89876, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -70.82757, "energy": 70.591294, "activity_lines": [ 25.712091, 26.381086, 28.335072, 29.826968 ] }, { "date": "2023-11-03", "close": 25.650177, "volume": 594793, "typical_volume": 2968212.8, "trend": 31.148692, "fair_value": 22.09508, "relative_strength": -27.162729, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.278595, "energy": 56.53195, "activity_lines": [ 25.597107, 26.133429, 27.863846, 29.450537 ] }, { "date": "2023-11-10", "close": 26.667337, "volume": 996445, "typical_volume": 2821873.35, "trend": 30.840722, "fair_value": 22.199256, "relative_strength": -24.742975, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.228373, "energy": 53.884789, "activity_lines": [ 25.85066, 26.122976, 27.543433, 29.161417 ] }, { "date": "2023-11-17", "close": 27.419155, "volume": 8042902, "typical_volume": 2053029.1, "trend": 30.669216, "fair_value": 22.309022, "relative_strength": -24.626278, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -47.241313, "energy": 38.086245, "activity_lines": [ 26.399044, 26.291833, 27.339841, 28.940671 ] }, { "date": "2023-11-24", "close": 28.392094, "volume": 1226900, "typical_volume": 1653901.7, "trend": 30.53871, "fair_value": 22.424511, "relative_strength": -21.706296, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -38.710408, "energy": 23.979936, "activity_lines": [ 27.209826, 26.648041, 27.284017, 28.79376 ] }, { "date": "2023-12-01", "close": 27.330706, "volume": 579429, "typical_volume": 1533570.85, "trend": 30.301413, "fair_value": 22.533967, "relative_strength": -24.605245, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -33.012361, "energy": 23.07849, "activity_lines": [ 27.430948, 26.808053, 27.161667, 28.586792 ] }, { "date": "2023-12-08", "close": 27.153809, "volume": 610156, "typical_volume": 1440620.3, "trend": 30.123918, "fair_value": 22.642289, "relative_strength": -23.862626, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -29.708125, "energy": 21.48775, "activity_lines": [ 27.451587, 26.919017, 27.06147, 28.383721 ] }, { "date": "2023-12-15", "close": 26.534666, "volume": 505903, "typical_volume": 1390139.55, "trend": 29.925786, "fair_value": 22.745615, "relative_strength": -25.767226, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -37.474028, "energy": 19.801093, "activity_lines": [ 27.165602, 26.898111, 26.935213, 28.152156 ] }, { "date": "2023-12-22", "close": 26.711563, "volume": 1575876, "typical_volume": 1413404.55, "trend": 29.757831, "fair_value": 22.850075, "relative_strength": -24.09011, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -29.734776, "energy": 20.995464, "activity_lines": [ 26.947427, 26.923841, 26.859821, 27.944787 ] }, { "date": "2023-12-29", "close": 26.711563, "volume": 549799, "typical_volume": 1293293.2, "trend": 29.564167, "fair_value": 22.954791, "relative_strength": -24.663484, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -39.719698, "energy": 26.1894, "activity_lines": [ 26.776426, 26.945551, 26.816439, 27.748253 ] }, { "date": "2024-01-05", "close": 26.136646, "volume": 302883, "typical_volume": 1241166.35, "trend": 29.355623, "fair_value": 23.052741, "relative_strength": -23.796415, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -47.270208, "energy": 31.410028, "activity_lines": [ 26.525821, 26.828959, 26.73157, 27.527123 ] }, { "date": "2024-01-12", "close": 25.296383, "volume": 498221, "typical_volume": 1211371.75, "trend": 28.966247, "fair_value": 23.137857, "relative_strength": -25.485559, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.694608, "energy": 40.995894, "activity_lines": [ 26.074732, 26.542707, 26.574889, 27.265236 ] }, { "date": "2024-01-19", "close": 24.721464, "volume": 365489, "typical_volume": 1174391.8, "trend": 28.584845, "fair_value": 23.215693, "relative_strength": -27.283148, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -71.455297, "energy": 59.320161, "activity_lines": [ 25.555832, 26.158356, 26.378827, 26.991379 ] }, { "date": "2024-01-26", "close": 27.374931, "volume": 1669155, "typical_volume": 1187889.95, "trend": 28.197625, "fair_value": 23.304374, "relative_strength": -20.272742, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -45.281956, "energy": 31.217908, "activity_lines": [ 26.042301, 26.291834, 26.455904, 26.913321 ] }, { "date": "2024-02-02", "close": 27.772951, "volume": 12801265, "typical_volume": 1763754.95, "trend": 27.935078, "fair_value": 23.389188, "relative_strength": -18.752036, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -21.794098, "energy": 14.152589, "activity_lines": [ 26.617219, 26.498483, 26.573836, 26.885922 ] }, { "date": "2024-02-09", "close": 26.623116, "volume": 348975, "typical_volume": 1713438.85, "trend": 27.638488, "fair_value": 23.471766, "relative_strength": -21.482247, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -28.721889, "energy": 12.434676, "activity_lines": [ 26.738099, 26.507328, 26.584366, 26.80128 ] }, { "date": "2024-02-16", "close": 27.330706, "volume": 462008, "typical_volume": 1685125.75, "trend": 27.414044, "fair_value": 23.554515, "relative_strength": -20.662332, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -14.618035, "energy": 17.762885, "activity_lines": [ 27.062412, 26.657691, 26.661232, 26.781423 ] }, { "date": "2024-02-23", "close": 26.667337, "volume": 663929, "typical_volume": 1670749.7, "trend": 27.180343, "fair_value": 23.625307, "relative_strength": -22.852764, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -11.214251, "energy": 13.472902, "activity_lines": [ 27.029979, 26.684225, 26.669024, 26.733248 ] }, { "date": "2024-03-01", "close": 30.470642, "volume": 6521895, "typical_volume": 1978408.05, "trend": 27.081575, "fair_value": 23.720222, "relative_strength": -11.067458, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 50.191825, "energy": 51.05048, "activity_lines": [ 28.135591, 27.399857, 27.042194, 26.945525 ] }, { "date": "2024-03-08", "close": 27.021135, "volume": 6168529, "typical_volume": 2248205.85, "trend": 26.999023, "fair_value": 23.788917, "relative_strength": -23.527048, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 22.164359, "energy": 33.679358, "activity_lines": [ 27.884985, 27.419959, 27.067887, 26.941626 ] }, { "date": "2024-03-15", "close": 27.28648, "volume": 1386024, "typical_volume": 2293528.8, "trend": 26.979859, "fair_value": 23.86111, "relative_strength": -21.585951, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 19.254788, "energy": 23.62956, "activity_lines": [ 27.77295, 27.482677, 27.108531, 26.960172 ] }, { "date": "2024-03-22", "close": 27.153809, "volume": 703437, "typical_volume": 2298961.0, "trend": 26.93416, "fair_value": 23.938102, "relative_strength": -23.2882, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 45.401275, "energy": 28.626857, "activity_lines": [ 27.572466, 27.500367, 27.126642, 26.971394 ] }, { "date": "2024-03-29", "close": 28.038298, "volume": 825250, "typical_volume": 2290401.25, "trend": 26.901729, "fair_value": 24.016912, "relative_strength": -20.284569, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 46.471498, "energy": 19.341224, "activity_lines": [ 27.678605, 27.645102, 27.22183, 27.042629 ] }, { "date": "2024-04-05", "close": 27.64028, "volume": 2017035, "typical_volume": 1989107.9, "trend": 26.889936, "fair_value": 24.088549, "relative_strength": -20.794185, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 33.770245, "energy": 15.194222, "activity_lines": [ 27.560674, 27.657163, 27.272583, 27.090277 ] }, { "date": "2024-04-12", "close": 27.551826, "volume": 925113, "typical_volume": 1974018.55, "trend": 26.867823, "fair_value": 24.160645, "relative_strength": -21.755151, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 32.561701, "energy": 15.074242, "activity_lines": [ 27.601949, 27.648318, 27.313859, 27.13298 ] }, { "date": "2024-04-19", "close": 26.136646, "volume": 983275, "typical_volume": 1994210.85, "trend": 26.858979, "fair_value": 24.221615, "relative_strength": -20.502865, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 16.554461, "energy": 8.349398, "activity_lines": [ 27.136119, 27.386188, 27.224357, 27.085807 ] }, { "date": "2024-04-26", "close": 25.959747, "volume": 827444, "typical_volume": 2005075.25, "trend": 26.854556, "fair_value": 24.273234, "relative_strength": -22.67758, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -15.072808, "energy": 13.677933, "activity_lines": [ 26.687977, 27.100739, 27.123693, 27.027792 ] }, { "date": "2024-05-03", "close": 27.153809, "volume": 465299, "typical_volume": 2003045.05, "trend": 26.84866, "fair_value": 24.33867, "relative_strength": -19.145918, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -5.065197, "energy": 10.427559, "activity_lines": [ 26.71746, 27.057319, 27.142436, 27.047099 ] }, { "date": "2024-05-10", "close": 26.534666, "volume": 1053509, "typical_volume": 1976926.7, "trend": 26.850134, "fair_value": 24.399881, "relative_strength": -21.69182, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -10.555162, "energy": 14.972322, "activity_lines": [ 26.599528, 26.892482, 27.099265, 27.026841 ] }, { "date": "2024-05-17", "close": 26.446218, "volume": 652956, "typical_volume": 1982084.55, "trend": 26.903203, "fair_value": 24.468742, "relative_strength": -23.281921, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -11.582614, "energy": 18.550011, "activity_lines": [ 26.525821, 26.783127, 27.048512, 27.000782 ] }, { "date": "2024-05-24", "close": 26.623116, "volume": 933892, "typical_volume": 2013635.0, "trend": 26.950376, "fair_value": 24.553118, "relative_strength": -23.240401, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -8.737804, "energy": 8.390174, "activity_lines": [ 26.584788, 26.716389, 27.01587, 26.982712 ] }, { "date": "2024-05-31", "close": 27.242258, "volume": 2386861, "typical_volume": 2108067.0, "trend": 27.003445, "fair_value": 24.639665, "relative_strength": -19.368124, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -1.545552, "energy": 3.607067, "activity_lines": [ 26.817703, 26.774283, 27.039878, 27.001543 ] }, { "date": "2024-06-07", "close": 27.551826, "volume": 1591240, "typical_volume": 2169354.55, "trend": 27.032928, "fair_value": 24.72152, "relative_strength": -20.372996, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 18.548752, "energy": 10.297549, "activity_lines": [ 27.068307, 26.886853, 27.084102, 27.036923 ] }, { "date": "2024-06-14", "close": 26.357767, "volume": 786840, "typical_volume": 2125238.8, "trend": 26.997549, "fair_value": 24.80137, "relative_strength": -25.131644, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -10.121525, "energy": 6.710262, "activity_lines": [ 26.894358, 26.791168, 27.001129, 26.993364 ] }, { "date": "2024-06-21", "close": 26.711563, "volume": 738553, "typical_volume": 1522103.2, "trend": 26.941531, "fair_value": 24.878866, "relative_strength": -25.698588, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -3.898729, "energy": 4.11117, "activity_lines": [ 26.850133, 26.783127, 26.956693, 26.974913 ] }, { "date": "2024-06-28", "close": 27.374931, "volume": 1801942, "typical_volume": 1594751.55, "trend": 26.943005, "fair_value": 24.952653, "relative_strength": -22.039504, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 8.120059, "energy": 5.005727, "activity_lines": [ 27.009341, 26.910976, 26.98049, 27.002874 ] }, { "date": "2024-07-05", "close": 28.126747, "volume": 1878760, "typical_volume": 1665589.15, "trend": 26.975436, "fair_value": 25.02484, "relative_strength": -20.736266, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 47.371934, "energy": 25.937679, "activity_lines": [ 27.369034, 27.153004, 27.072309, 27.079245 ] }, { "date": "2024-07-12", "close": 27.198032, "volume": 1132523, "typical_volume": 1689018.85, "trend": 26.997549, "fair_value": 25.091073, "relative_strength": -23.613063, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 33.674005, "energy": 22.115204, "activity_lines": [ 27.360189, 27.186775, 27.071888, 27.093606 ] }, { "date": "2024-07-19", "close": 28.347868, "volume": 2928980, "typical_volume": 1509373.1, "trend": 27.052092, "fair_value": 25.157487, "relative_strength": -15.910184, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 48.400688, "energy": 41.619003, "activity_lines": [ 27.758209, 27.428804, 27.178447, 27.180723 ] }, { "date": "2024-07-26", "close": 29.276581, "volume": 2123484, "typical_volume": 1307120.85, "trend": 27.137593, "fair_value": 25.237044, "relative_strength": -9.473572, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 68.593001, "energy": 60.928075, "activity_lines": [ 28.333127, 27.806722, 27.383565, 27.324239 ] }, { "date": "2024-08-02", "close": 28.283804, "volume": 2349549, "typical_volume": 1355297.1, "trend": 27.209165, "fair_value": 25.313576, "relative_strength": -9.794562, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 54.153338, "energy": 49.438281, "activity_lines": [ 28.406117, 27.952673, 27.483391, 27.398188 ] }, { "date": "2024-08-09", "close": 25.564207, "volume": 1545149, "typical_volume": 1397382.7, "trend": 27.218092, "fair_value": 25.380635, "relative_strength": -17.181852, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 14.823656, "energy": 10.48734, "activity_lines": [ 27.511984, 27.573959, 27.31946, 27.292062 ] }, { "date": "2024-08-16", "close": 26.244106, "volume": 746236, "typical_volume": 1393432.0, "trend": 27.268847, "fair_value": 25.458987, "relative_strength": -17.748915, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -20.042052, "energy": 11.32498, "activity_lines": [ 27.01532, 27.349372, 27.22785, 27.229224 ] }, { "date": "2024-08-23", "close": 25.972145, "volume": 714410, "typical_volume": 1328300.75, "trend": 27.222087, "fair_value": 25.535081, "relative_strength": -17.276169, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -51.93422, "energy": 31.946894, "activity_lines": [ 26.491597, 27.099115, 27.118883, 27.145566 ] }, { "date": "2024-08-30", "close": 26.244106, "volume": 362142, "typical_volume": 1300152.2, "trend": 27.171126, "fair_value": 25.613689, "relative_strength": -16.18095, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -50.248613, "energy": 36.022809, "activity_lines": [ 26.21691, 26.905316, 27.04376, 27.08247 ] }, { "date": "2024-09-06", "close": 25.609533, "volume": 600279, "typical_volume": 1281002.4, "trend": 27.13734, "fair_value": 25.683326, "relative_strength": -14.45138, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -57.425194, "energy": 51.27993, "activity_lines": [ 25.932863, 26.60464, 26.914429, 26.981722 ] }, { "date": "2024-09-13", "close": 26.289433, "volume": 361045, "typical_volume": 1257682.45, "trend": 27.102631, "fair_value": 25.754409, "relative_strength": -12.939043, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -51.797789, "energy": 43.333543, "activity_lines": [ 26.053734, 26.45968, 26.852361, 26.927018 ] }, { "date": "2024-09-20", "close": 26.969332, "volume": 409332, "typical_volume": 1254884.1, "trend": 27.112697, "fair_value": 25.832233, "relative_strength": -11.811981, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -44.889076, "energy": 23.459601, "activity_lines": [ 26.35289, 26.471744, 26.853475, 26.918418 ] }, { "date": "2024-09-27", "close": 26.697371, "volume": 471884, "typical_volume": 1225802.85, "trend": 26.986921, "fair_value": 25.903283, "relative_strength": -14.732867, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -33.209558, "energy": 16.202063, "activity_lines": [ 26.513044, 26.438518, 26.829566, 26.891623 ] }, { "date": "2024-10-04", "close": 26.652046, "volume": 182168, "typical_volume": 1202263.45, "trend": 26.974618, "fair_value": 25.972719, "relative_strength": -12.328155, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -29.556161, "energy": 13.633095, "activity_lines": [ 26.609741, 26.427061, 26.800566, 26.870018 ] }, { "date": "2024-10-11", "close": 25.836166, "volume": 182167, "typical_volume": 1164677.2, "trend": 26.926275, "fair_value": 26.036924, "relative_strength": -16.705424, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -38.427546, "energy": 16.099457, "activity_lines": [ 26.407282, 26.31498, 26.692883, 26.79657 ] }, { "date": "2024-10-18", "close": 25.790842, "volume": 219479, "typical_volume": 1056308.1, "trend": 26.880842, "fair_value": 26.098456, "relative_strength": -18.445748, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -48.075729, "energy": 22.89176, "activity_lines": [ 26.174606, 26.239161, 26.584631, 26.723316 ] }, { "date": "2024-10-25", "close": 25.700186, "volume": 478468, "typical_volume": 1000669.5, "trend": 26.802905, "fair_value": 26.158083, "relative_strength": -17.706647, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -49.865096, "energy": 32.944865, "activity_lines": [ 25.944951, 26.142739, 26.474656, 26.647145 ] }, { "date": "2024-11-01", "close": 25.201593, "volume": 344585, "typical_volume": 978556.75, "trend": 26.721616, "fair_value": 26.210543, "relative_strength": -16.754119, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -58.765899, "energy": 46.88784, "activity_lines": [ 25.633708, 25.965553, 26.326013, 26.543834 ] }, { "date": "2024-11-08", "close": 24.97496, "volume": 273252, "typical_volume": 955291.7, "trend": 26.63572, "fair_value": 26.255459, "relative_strength": -19.586764, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.576114, "energy": 57.992068, "activity_lines": [ 25.346639, 25.761171, 26.161293, 26.431147 ] }, { "date": "2024-11-15", "close": 25.065613, "volume": 400551, "typical_volume": 885222.15, "trend": 26.600019, "fair_value": 26.296455, "relative_strength": -15.813477, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.792026, "energy": 59.150735, "activity_lines": [ 25.201593, 25.596347, 26.013475, 26.32985 ] }, { "date": "2024-11-22", "close": 25.382902, "volume": 626600, "typical_volume": 822614.15, "trend": 26.580791, "fair_value": 26.340015, "relative_strength": -14.679682, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -56.619441, "energy": 51.354534, "activity_lines": [ 25.213681, 25.499101, 25.906872, 26.251326 ] }, { "date": "2024-11-29", "close": 25.292248, "volume": 269961, "typical_volume": 779486.05, "trend": 26.518739, "fair_value": 26.379817, "relative_strength": -11.971462, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -53.732358, "energy": 39.683673, "activity_lines": [ 25.222747, 25.401855, 25.804701, 26.168194 ] }, { "date": "2024-12-06", "close": 25.473553, "volume": 694658, "typical_volume": 667769.95, "trend": 26.483368, "fair_value": 26.423428, "relative_strength": -14.30636, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -50.223531, "energy": 29.342281, "activity_lines": [ 25.319443, 25.368066, 25.728872, 26.100763 ] }, { "date": "2024-12-13", "close": 25.156269, "volume": 993152, "typical_volume": 611253.35, "trend": 26.44037, "fair_value": 26.462093, "relative_strength": -14.212608, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -51.460463, "energy": 27.780999, "activity_lines": [ 25.292248, 25.29884, 25.636514, 26.015143 ] }, { "date": "2024-12-20", "close": 24.884308, "volume": 497123, "typical_volume": 518632.05, "trend": 26.38241, "fair_value": 26.499809, "relative_strength": -12.672693, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -54.595779, "energy": 29.962588, "activity_lines": [ 25.162312, 25.207363, 25.537874, 25.914752 ] }, { "date": "2024-12-27", "close": 24.929634, "volume": 333609, "typical_volume": 458055.05, "trend": 26.305322, "fair_value": 26.521663, "relative_strength": -14.849108, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -52.290903, "energy": 29.774875, "activity_lines": [ 25.059571, 25.141433, 25.45974, 25.821025 ] }, { "date": "2025-01-03", "close": 24.884308, "volume": 289714, "typical_volume": 435228.95, "trend": 26.216405, "fair_value": 26.559909, "relative_strength": -13.101939, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -53.776199, "energy": 32.812208, "activity_lines": [ 24.971939, 25.082921, 25.38031, 25.729347 ] }, { "date": "2025-01-10", "close": 24.476368, "volume": 532240, "typical_volume": 426120.45, "trend": 26.153692, "fair_value": 26.593951, "relative_strength": -14.409727, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.359372, "energy": 45.070652, "activity_lines": [ 24.775524, 24.965072, 25.268505, 25.617086 ] }, { "date": "2025-01-17", "close": 25.246922, "volume": 963522, "typical_volume": 456189.45, "trend": 26.10487, "fair_value": 26.640346, "relative_strength": -11.815142, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -53.270767, "energy": 33.834201, "activity_lines": [ 24.902439, 25.000509, 25.237208, 25.558585 ] }, { "date": "2025-01-24", "close": 25.337574, "volume": 138272, "typical_volume": 433089.1, "trend": 26.036959, "fair_value": 26.689705, "relative_strength": -12.312336, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -39.844829, "energy": 22.626592, "activity_lines": [ 25.053527, 25.047484, 25.219293, 25.509082 ] }, { "date": "2025-02-07", "close": 26.470739, "volume": 665158, "typical_volume": 448294.75, "trend": 25.981758, "fair_value": 26.74368, "relative_strength": -7.613178, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -9.984226, "energy": 9.292637, "activity_lines": [ 25.55212, 25.295544, 25.310594, 25.537068 ] }, { "date": "2025-02-14", "close": 26.19878, "volume": 339244, "typical_volume": 444790.35, "trend": 25.94845, "fair_value": 26.802531, "relative_strength": -6.777271, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -1.222934, "energy": 15.786566, "activity_lines": [ 25.857319, 25.474378, 25.37513, 25.551069 ] }, { "date": "2025-02-21", "close": 29.009029, "volume": 4736710, "typical_volume": 658031.65, "trend": 25.970489, "fair_value": 26.876485, "relative_strength": 1.104397, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 46.733383, "energy": 57.611087, "activity_lines": [ 27.011637, 26.147684, 25.710979, 25.748526 ] }, { "date": "2025-02-28", "close": 27.241291, "volume": 1124258, "typical_volume": 705136.15, "trend": 25.902646, "fair_value": 26.939901, "relative_strength": -1.909175, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 33.307918, "energy": 59.491993, "activity_lines": [ 27.274531, 26.435302, 25.867464, 25.830513 ] }, { "date": "2025-03-07", "close": 26.878679, "volume": 554483, "typical_volume": 723751.95, "trend": 25.855808, "fair_value": 27.008141, "relative_strength": -0.504675, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 59.8047, "energy": 68.293436, "activity_lines": [ 27.283596, 26.619081, 25.986608, 25.893483 ] }, { "date": "2025-03-14", "close": 28.963703, "volume": 4438267, "typical_volume": 934691.35, "trend": 25.969125, "fair_value": 27.089747, "relative_strength": 10.264499, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 76.350205, "energy": 73.177515, "activity_lines": [ 27.884929, 27.145694, 26.299362, 26.093992 ] }, { "date": "2025-03-21", "close": 29.371641, "volume": 20740235, "typical_volume": 1947779.7, "trend": 26.073376, "fair_value": 27.179529, "relative_strength": 10.717547, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 71.364415, "energy": 56.299461, "activity_lines": [ 28.456044, 27.67313, 26.635858, 26.313509 ] }, { "date": "2025-03-28", "close": 22.84461, "volume": 15514482, "typical_volume": 2706274.55, "trend": 25.969125, "fair_value": 27.227735, "relative_strength": -11.061965, "stage": 4, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 10.471574, "energy": 8.795883, "activity_lines": [ 26.639958, 26.932246, 26.333248, 26.105202 ] }, { "date": "2025-04-04", "close": 22.119385, "volume": 6099502, "typical_volume": 2997587.05, "trend": 25.831634, "fair_value": 27.263084, "relative_strength": -12.166232, "stage": 4, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "mixed", "direction": -19.600647, "energy": 19.096548, "activity_lines": [ 24.993092, 26.089171, 25.972794, 25.856832 ] }, { "date": "2025-04-11", "close": 19.037176, "volume": 3778463, "typical_volume": 3166482.65, "trend": 25.612555, "fair_value": 27.282383, "relative_strength": -17.037463, "stage": 4, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "down", "direction": -78.104507, "energy": 54.395925, "activity_lines": [ 22.660282, 24.742559, 25.332394, 25.41848 ] }, { "date": "2025-04-18", "close": 24.476368, "volume": 15397174, "typical_volume": 3905011.35, "trend": 25.55212, "fair_value": 27.331252, "relative_strength": 7.518954, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -54.637303, "energy": 45.387563, "activity_lines": [ 22.663304, 24.499444, 25.238719, 25.345177 ] }, { "date": "2025-04-25", "close": 23.751143, "volume": 3540189, "typical_volume": 4068522.75, "trend": 25.444847, "fair_value": 27.380239, "relative_strength": 2.064908, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -54.200929, "energy": 54.241279, "activity_lines": [ 22.72374, 24.16073, 25.080292, 25.228985 ] }, { "date": "2025-05-02", "close": 23.977776, "volume": 2274466, "typical_volume": 4147513.15, "trend": 25.354194, "fair_value": 27.424588, "relative_strength": -1.274438, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -52.04071, "energy": 37.507226, "activity_lines": [ 23.23442, 23.907726, 24.950787, 25.134335 ] }, { "date": "2025-05-09", "close": 23.161896, "volume": 8702525, "typical_volume": 4532981.8, "trend": 25.237855, "fair_value": 27.473505, "relative_strength": -4.857251, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -49.051671, "energy": 23.752797, "activity_lines": [ 23.397595, 23.597856, 24.750702, 24.992897 ] }, { "date": "2025-05-16", "close": 23.433855, "volume": 5336068, "typical_volume": 4774929.05, "trend": 25.157778, "fair_value": 27.526018, "relative_strength": -7.513825, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -36.298476, "energy": 18.51682, "activity_lines": [ 23.581923, 23.411605, 24.586015, 24.87651 ] }, { "date": "2025-05-23", "close": 25.836166, "volume": 6844425, "typical_volume": 5100469.85, "trend": 25.159289, "fair_value": 27.593665, "relative_strength": 2.955658, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -24.525125, "energy": 12.134546, "activity_lines": [ 24.273909, 23.72477, 24.657027, 24.920277 ] }, { "date": "2025-05-30", "close": 29.054356, "volume": 42876397, "typical_volume": 7229804.0, "trend": 25.271095, "fair_value": 27.682207, "relative_strength": 17.187867, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 13.041149, "energy": 13.941288, "activity_lines": [ 25.947972, 24.679926, 25.030216, 25.171571 ] }, { "date": "2025-06-06", "close": 35.354755, "volume": 74523134, "typical_volume": 10929348.7, "trend": 25.609534, "fair_value": 27.802134, "relative_strength": 39.737223, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 77.166957, "energy": 61.94428, "activity_lines": [ 29.36862, 26.786377, 25.983586, 25.82213 ] }, { "date": "2025-06-13", "close": 32.589832, "volume": 50725755, "typical_volume": 13417460.35, "trend": 25.863363, "fair_value": 27.904602, "relative_strength": 25.955196, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.197484, "energy": 70.510304, "activity_lines": [ 31.109162, 28.162658, 26.621828, 26.272472 ] }, { "date": "2025-06-20", "close": 34.720181, "volume": 63460739, "typical_volume": 16583583.7, "trend": 26.185182, "fair_value": 28.02046, "relative_strength": 33.470342, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 73.914519, "energy": 78.75488, "activity_lines": [ 32.931292, 29.735903, 27.427994, 26.843879 ] }, { "date": "2025-06-27", "close": 37.167816, "volume": 37626078, "typical_volume": 18431629.7, "trend": 26.578012, "fair_value": 28.159423, "relative_strength": 38.376763, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 80.170651, "energy": 85.570391, "activity_lines": [ 34.816878, 31.469027, 28.422589, 27.552436 ] }, { "date": "2025-07-04", "close": 41.42852, "volume": 174738523, "typical_volume": 27151593.65, "trend": 27.115888, "fair_value": 28.326492, "relative_strength": 52.858925, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 86.495025, "energy": 89.441874, "activity_lines": [ 37.367255, 33.746071, 29.772027, 28.510534 ] }, { "date": "2025-07-11", "close": 41.156563, "volume": 152385302, "typical_volume": 34534023.25, "trend": 27.638655, "fair_value": 28.497908, "relative_strength": 49.03067, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 79.071386, "energy": 87.937532, "activity_lines": [ 39.002036, 35.652262, 31.023041, 29.416384 ] }, { "date": "2025-07-18", "close": 38.074352, "volume": 25689868, "typical_volume": 35762303.75, "trend": 28.069258, "fair_value": 28.646918, "relative_strength": 33.107207, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.845745, "energy": 81.73, "activity_lines": [ 39.222626, 36.685709, 31.922667, 30.089655 ] }, { "date": "2025-07-25", "close": 36.986511, "volume": 20808291, "typical_volume": 36774994.15, "trend": 28.472664, "fair_value": 28.7826, "relative_strength": 28.712916, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.454534, "energy": 63.413337, "activity_lines": [ 38.714967, 37.250231, 32.667102, 30.664961 ] }, { "date": "2025-08-01", "close": 38.748858, "volume": 10369425, "typical_volume": 37071552.05, "trend": 28.933305, "fair_value": 28.927726, "relative_strength": 33.753088, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 62.523982, "energy": 51.683255, "activity_lines": [ 38.643669, 37.888768, 33.531248, 31.327941 ] }, { "date": "2025-08-08", "close": 34.720181, "volume": 6883205, "typical_volume": 36378700.55, "trend": 29.261168, "fair_value": 29.047557, "relative_strength": 16.667935, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 46.627158, "energy": 35.195226, "activity_lines": [ 37.124076, 37.560042, 33.965114, 31.701288 ] }, { "date": "2025-08-15", "close": 37.802391, "volume": 28625863, "typical_volume": 37034269.6, "trend": 29.705368, "fair_value": 29.184957, "relative_strength": 24.68789, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 44.857674, "energy": 30.672285, "activity_lines": [ 37.079108, 37.688702, 34.667054, 32.252335 ] }, { "date": "2025-08-22", "close": 37.0, "volume": 42705557, "typical_volume": 38864572.35, "trend": 30.097138, "fair_value": 29.309524, "relative_strength": 24.234693, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 41.128458, "energy": 26.930156, "activity_lines": [ 36.990289, 37.626971, 35.221349, 32.722956 ] }, { "date": "2025-08-29", "close": 36.400002, "volume": 9782478, "typical_volume": 39164773.1, "trend": 30.465885, "fair_value": 29.421455, "relative_strength": 19.252765, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 38.863697, "energy": 22.975068, "activity_lines": [ 36.773094, 37.375965, 35.647641, 33.129593 ] }, { "date": "2025-09-05", "close": 32.700001, "volume": 5334485, "typical_volume": 38661638.65, "trend": 30.673527, "fair_value": 29.502802, "relative_strength": 5.73475, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 30.806416, "energy": 16.932011, "activity_lines": [ 35.361665, 36.421689, 35.638872, 33.273729 ] }, { "date": "2025-09-12", "close": 36.299999, "volume": 14375581, "typical_volume": 39203408.25, "trend": 31.010235, "fair_value": 29.610522, "relative_strength": 12.465267, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 32.347358, "energy": 16.328142, "activity_lines": [ 35.553493, 36.203191, 35.9338, 33.636727 ] }, { "date": "2025-09-19", "close": 33.150002, "volume": 2929506, "typical_volume": 39236160.25, "trend": 31.148267, "fair_value": 29.697774, "relative_strength": 2.153187, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 13.737119, "energy": 12.78672, "activity_lines": [ 34.590001, 35.505212, 35.868972, 33.774777 ] }, { "date": "2025-09-26", "close": 32.200001, "volume": 2861565, "typical_volume": 38944112.25, "trend": 31.313557, "fair_value": 29.738561, "relative_strength": -0.844557, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 2.617614, "energy": 12.267842, "activity_lines": [ 33.620001, 34.78008, 35.66999, 33.842631 ] }, { "date": "2025-10-03", "close": 30.9, "volume": 1960195, "typical_volume": 38775318.6, "trend": 31.447601, "fair_value": 29.787495, "relative_strength": -9.025181, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -3.767142, "energy": 15.118772, "activity_lines": [ 32.536667, 33.92539, 35.304159, 33.81595 ] }, { "date": "2025-10-10", "close": 29.85, "volume": 1580973, "typical_volume": 38512146.0, "trend": 31.477145, "fair_value": 29.809922, "relative_strength": -13.724633, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -29.287076, "energy": 43.10723, "activity_lines": [ 31.47, 32.990454, 34.802776, 33.712879 ] }, { "date": "2025-10-17", "close": 29.25, "volume": 2057582, "typical_volume": 36471205.25, "trend": 31.47309, "fair_value": 29.832897, "relative_strength": -15.38727, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -29.678202, "energy": 51.395467, "activity_lines": [ 30.393334, 32.108226, 34.225136, 33.569192 ] }, { "date": "2025-10-24", "close": 29.4, "volume": 1273965, "typical_volume": 32808746.8, "trend": 31.691603, "fair_value": 29.877159, "relative_strength": -15.624734, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -29.34803, "energy": 52.575494, "activity_lines": [ 29.836667, 31.352728, 33.660851, 33.435444 ] }, { "date": "2025-10-31", "close": 28.5, "volume": 1096230, "typical_volume": 30327270.55, "trend": 31.90429, "fair_value": 29.915652, "relative_strength": -20.127934, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -42.007647, "energy": 58.494122, "activity_lines": [ 29.23, 30.586364, 33.039207, 33.229534 ] }, { "date": "2025-11-07", "close": 27.85, "volume": 1201636, "typical_volume": 27214315.4, "trend": 32.198051, "fair_value": 29.949979, "relative_strength": -20.186587, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -43.373142, "energy": 59.825473, "activity_lines": [ 28.653333, 29.856364, 32.375134, 32.967967 ] }, { "date": "2025-11-14", "close": 27.6, "volume": 985138, "typical_volume": 25382268.4, "trend": 32.302172, "fair_value": 29.953313, "relative_strength": -20.105545, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -43.241038, "energy": 63.170196, "activity_lines": [ 28.196667, 29.236364, 31.719966, 32.671319 ] }, { "date": "2025-11-21", "close": 26.450001, "volume": 3797358, "typical_volume": 16835210.15, "trend": 32.392134, "fair_value": 29.932247, "relative_strength": -20.523428, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -76.368711, "energy": 81.825047, "activity_lines": [ 27.506667, 28.5, 31.000836, 32.293759 ] }, { "date": "2025-11-28", "close": 27.25, "volume": 2102201, "typical_volume": 9321055.1, "trend": 32.501208, "fair_value": 29.875932, "relative_strength": -21.505045, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.682023, "energy": 77.360107, "activity_lines": [ 27.27, 28.088182, 30.429222, 31.962009 ] }, { "date": "2025-12-05", "close": 26.85, "volume": 718445, "typical_volume": 8072483.95, "trend": 32.624145, "fair_value": 29.806342, "relative_strength": -23.430065, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -68.990469, "energy": 80.481298, "activity_lines": [ 27.043334, 27.710909, 29.885735, 31.597415 ] }, { "date": "2025-12-12", "close": 26.35, "volume": 699163, "typical_volume": 7067027.55, "trend": 32.72135, "fair_value": 29.6896, "relative_strength": -25.246611, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -72.9708, "energy": 85.29282, "activity_lines": [ 26.76, 27.34, 29.348078, 31.192631 ] }, { "date": "2025-12-19", "close": 27.5, "volume": 2017736, "typical_volume": 6649443.1, "trend": 32.776811, "fair_value": 29.581878, "relative_strength": -20.448793, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.928959, "energy": 73.97848, "activity_lines": [ 26.96, 27.260909, 28.970595, 30.85577 ] }, { "date": "2025-12-26", "close": 29.65, "volume": 5396538, "typical_volume": 6575109.75, "trend": 32.796666, "fair_value": 29.520349, "relative_strength": -16.725269, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -49.964391, "energy": 42.995961, "activity_lines": [ 27.883333, 27.615455, 28.85144, 30.65404 ] }, { "date": "2026-01-02", "close": 29.0, "volume": 5155095, "typical_volume": 5401571.35, "trend": 32.58484, "fair_value": 29.463717, "relative_strength": -20.652166, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -43.409144, "energy": 30.965428, "activity_lines": [ 28.376667, 27.844546, 28.694524, 30.409094 ] }, { "date": "2026-01-09", "close": 28.700001, "volume": 3219466, "typical_volume": 3427266.8, "trend": 32.455179, "fair_value": 29.419994, "relative_strength": -23.744481, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -36.510562, "energy": 25.356084, "activity_lines": [ 28.653334, 28.026364, 28.550953, 30.158459 ] }, { "date": "2026-01-16", "close": 29.6, "volume": 2041203, "typical_volume": 3040203.05, "trend": 32.284507, "fair_value": 29.384237, "relative_strength": -24.014438, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -29.451276, "energy": 24.997542, "activity_lines": [ 29.106667, 28.368182, 28.532619, 29.974254 ] }, { "date": "2026-01-23", "close": 29.4, "volume": 4171415, "typical_volume": 2982049.55, "trend": 32.025579, "fair_value": 29.36203, "relative_strength": -25.636274, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -17.584928, "energy": 16.118971, "activity_lines": [ 29.276667, 28.641818, 28.527619, 29.788157 ] }, { "date": "2026-01-30", "close": 26.700001, "volume": 2063752, "typical_volume": 2366458.1, "trend": 31.534629, "fair_value": 29.31455, "relative_strength": -32.424266, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -39.906542, "energy": 21.29062, "activity_lines": [ 28.42, 28.391818, 28.281191, 29.444571 ] }, { "date": "2026-02-06", "close": 26.200001, "volume": 1013103, "typical_volume": 2270637.95, "trend": 31.036077, "fair_value": 29.249033, "relative_strength": -32.78587, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "down", "direction": -54.048455, "energy": 33.807085, "activity_lines": [ 27.593334, 28.046364, 28.032857, 29.100402 ] }, { "date": "2026-02-13", "close": 26.049999, "volume": 458122, "typical_volume": 2150465.8, "trend": 30.635265, "fair_value": 29.170195, "relative_strength": -36.440345, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.20232, "energy": 47.59271, "activity_lines": [ 26.903333, 27.692727, 27.803334, 28.778719 ] }, { "date": "2026-02-27", "close": 27.0, "volume": 869461, "typical_volume": 2095929.1, "trend": 30.302381, "fair_value": 29.082065, "relative_strength": -37.030299, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -56.298932, "energy": 56.300154, "activity_lines": [ 26.706667, 27.526364, 27.693572, 28.544186 ] }, { "date": "2026-03-06", "close": 25.549999, "volume": 1062323, "typical_volume": 2069996.6, "trend": 29.862419, "fair_value": 28.995078, "relative_strength": -36.770178, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.705291, "energy": 63.441642, "activity_lines": [ 26.2, 27.084545, 27.464286, 28.237581 ] }, { "date": "2026-03-13", "close": 26.299999, "volume": 1145670, "typical_volume": 2024401.0, "trend": 29.581747, "fair_value": 28.895594, "relative_strength": -34.10107, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -56.056464, "energy": 45.324156, "activity_lines": [ 26.199999, 26.814545, 27.326905, 28.007747 ] }, { "date": "2026-03-20", "close": 25.75, "volume": 732346, "typical_volume": 1997320.05, "trend": 29.18, "fair_value": 28.803022, "relative_strength": -35.180714, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -58.500089, "energy": 38.999529, "activity_lines": [ 26.043333, 26.505454, 27.15119, 27.760538 ] }, { "date": "2026-03-27", "close": 24.799999, "volume": 700751, "typical_volume": 1977546.1, "trend": 28.773333, "fair_value": 28.732376, "relative_strength": -36.164469, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.114269, "energy": 44.654878, "activity_lines": [ 25.599999, 26.082727, 26.902381, 27.477957 ] }, { "date": "2026-04-03", "close": 24.450001, "volume": 554207, "typical_volume": 1945174.65, "trend": 28.375, "fair_value": 28.65619, "relative_strength": -35.6983, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.306465, "energy": 47.538925, "activity_lines": [ 25.123333, 25.667273, 26.637857, 27.199032 ] }, { "date": "2026-04-10", "close": 24.25, "volume": 566557, "typical_volume": 1924245.6, "trend": 28.093333, "fair_value": 28.582568, "relative_strength": -41.003981, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.734204, "energy": 61.533063, "activity_lines": [ 24.75, 25.309091, 26.370476, 26.932903 ] }, { "date": "2026-04-17", "close": 24.65, "volume": 596022, "typical_volume": 1764178.8, "trend": 27.705, "fair_value": 28.51151, "relative_strength": -41.996829, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -60.757295, "energy": 62.239816, "activity_lines": [ 24.596667, 25.117273, 26.157143, 26.710753 ] }, { "date": "2026-04-24", "close": 24.200001, "volume": 985433, "typical_volume": 1708340.4, "trend": 27.406667, "fair_value": 28.436468, "relative_strength": -45.587969, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.411959, "energy": 60.06717, "activity_lines": [ 24.403334, 24.880909, 25.909524, 26.484624 ] }, { "date": "2026-05-01", "close": 23.799999, "volume": 441414, "typical_volume": 1694488.85, "trend": 27.126667, "fair_value": 28.380287, "relative_strength": -45.948251, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.887562, "energy": 62.105328, "activity_lines": [ 24.18, 24.608182, 25.638333, 26.251935 ] }, { "date": "2026-05-08", "close": 23.700001, "volume": 615891, "typical_volume": 1690325.25, "trend": 26.886667, "fair_value": 28.325112, "relative_strength": -49.134239, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.850116, "energy": 65.011428, "activity_lines": [ 23.99, 24.358182, 25.372143, 26.03086 ] }, { "date": "2026-05-15", "close": 22.700001, "volume": 571311, "typical_volume": 1618004.0, "trend": 26.648333, "fair_value": 28.249794, "relative_strength": -50.295156, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -77.071315, "energy": 73.323392, "activity_lines": [ 23.516667, 23.986364, 25.023333, 25.760753 ] }, { "date": "2026-05-22", "close": 24.25, "volume": 1322762, "typical_volume": 1414315.2, "trend": 26.481667, "fair_value": 28.197046, "relative_strength": -47.82613, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -59.954712, "energy": 48.695722, "activity_lines": [ 23.663334, 23.948182, 24.845, 25.606022 ] }, { "date": "2026-05-29", "close": 22.950001, "volume": 1195262, "typical_volume": 1216323.55, "trend": 26.266667, "fair_value": 28.135965, "relative_strength": -52.78228, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.740031, "energy": 49.157104, "activity_lines": [ 23.403334, 23.71091, 24.568572, 25.378172 ] }, { "date": "2026-06-05", "close": 25.0, "volume": 6339094, "typical_volume": 1372304.95, "trend": 26.15, "fair_value": 28.092695, "relative_strength": -48.211201, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -45.262191, "energy": 31.534775, "activity_lines": [ 23.91, 23.897273, 24.516191, 25.296452 ] }, { "date": "2026-06-12", "close": 23.75, "volume": 1133377, "typical_volume": 1326913.65, "trend": 26.013333, "fair_value": 28.036467, "relative_strength": -48.789638, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -43.991814, "energy": 26.506602, "activity_lines": [ 23.92, 23.852728, 24.362381, 25.141613 ] }, { "date": "2026-06-19", "close": 24.549999, "volume": 713343, "typical_volume": 1154010.05, "trend": 25.911667, "fair_value": 27.986192, "relative_strength": -48.791332, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -38.135063, "energy": 21.361063, "activity_lines": [ 24.193333, 23.966364, 24.312619, 25.047204 ] }, { "date": "2026-06-26", "close": 23.9, "volume": 3314960, "typical_volume": 1216570.45, "trend": 25.826667, "fair_value": 27.902361, "relative_strength": -47.003359, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -36.514791, "energy": 18.181902, "activity_lines": [ 24.126666, 23.956364, 24.224048, 24.917419 ] }, { "date": "2026-07-03", "close": 25.35, "volume": 1135283, "typical_volume": 1222679.45, "trend": 25.763333, "fair_value": 27.833043, "relative_strength": -45.294189, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -24.911466, "energy": 13.240179, "activity_lines": [ 24.566666, 24.223636, 24.286905, 24.886667 ] }, { "date": "2026-07-10", "close": 24.200001, "volume": 925501, "typical_volume": 1246048.4, "trend": 25.675, "fair_value": 27.738226, "relative_strength": -44.73502, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -21.746608, "energy": 11.926706, "activity_lines": [ 24.463334, 24.260909, 24.244286, 24.785807 ] }, { "date": "2026-07-17", "close": 21.049999, "volume": 1052954, "typical_volume": 1255223.05, "trend": 25.498333, "fair_value": 27.64464, "relative_strength": -47.530654, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -70.049632, "energy": 36.330726, "activity_lines": [ 23.363333, 23.718182, 23.910476, 24.487419 ] }, { "date": "2026-07-24", "close": 21.85, "volume": 568621, "typical_volume": 1230537.95, "trend": 25.31, "fair_value": 27.557006, "relative_strength": -45.506624, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -62.173833, "energy": 47.551927, "activity_lines": [ 22.71, 23.369091, 23.681191, 24.252043 ] }, { "date": "2026-07-31", "close": 21.65, "volume": 1010783, "typical_volume": 1223793.6, "trend": 25.043333, "fair_value": 27.477429, "relative_strength": -44.069562, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.334509, "energy": 59.654805, "activity_lines": [ 22.17, 22.999091, 23.450476, 24.015914 ] }, { "date": "2026-08-07", "close": 21.6, "volume": 429704, "typical_volume": 1208661.5, "trend": 24.796667, "fair_value": 27.400004, "relative_strength": -44.201739, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.198335, "energy": 63.641034, "activity_lines": [ 21.763333, 22.667273, 23.237143, 23.793763 ] }, { "date": "2026-08-14", "close": 22.049999, "volume": 390735, "typical_volume": 1193160.7, "trend": 24.575, "fair_value": 27.327032, "relative_strength": -43.820221, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -58.061786, "energy": 53.196913, "activity_lines": [ 21.756666, 22.441818, 23.086429, 23.616559 ] } ], "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." } } }