{ "ticker": { "uuid": "195ebdf2-a551-470c-911f-c4549f7adf1f", "symbol": "2722", "name": "Chateau International Development Co., Ltd.", "exchange": "TAI", "country": "TW", "assetType": "equity" }, "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.", "analysis": { "eligible": true, "as_of": "2026-08-14", "benchmark": "^TWII", "stage": 4, "stage_name": "Declining", "phase": "4b", "phase_label": "Stage 4B \u00b7 Declining", "transition": "stage_4_declining", "transition_label": "Stage 4 decline intact", "confidence": 96.0, "architecture_regime": "downward_expansion", "architecture_regime_label": "Downward Expansion", "architecture_modifier": "Established contraction", "architecture_gate": "down", "architecture_direction": -62.712, "architecture_energy": 55.392, "architecture_maturity": 95.826, "architecture_confidence": 90.306, "architecture_tenure": "Extended", "architecture": { "interpretation": { "headline": "The weekly architecture is expanding downward.", "body": "Trend and Activity show sustained negative alignment with weak price acceptance. Repair requires persistent improvement across the structure, not merely one strong observation." }, "scores": { "balance": 15.78, "rotation_up": 14.17, "upward_expansion": 10.26, "deceleration": 41.41, "rotation_down": 68.57, "downward_expansion": 88.26 }, "activity_lines": [ 21.843333, 22.17, 22.565952, 22.894839 ], "activity_state": "Moderate", "activity_direction": "Expanding", "rotation_direction": "Weakening", "price_acceptance": -1.0 }, "latest_close": 21.75, "trend_reference": 23.458333, "distance_from_trend": -0.072824, "trend_direction": "Weakening", "fair_value": 37.510875, "distance_from_fair_value": -0.420168, "fair_value_direction": "Improving", "relative_strength": -40.240134, "relative_strength_direction": "Improving", "price_momentum": -0.147059, "excess_performance": -0.588431, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.072824, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.064722, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.420168, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": true, "value": 0.025463, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.402401, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.03594, "read": "Improving" }, { "label": "Price momentum", "positive": false, "value": -0.147059, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.411011, "read": "Supply-led" } ], "volume": { "latest": 148100, "relative_activity": 0.558967, "balance": 0.411011, "dry_up": 0.917177, "accumulation_observations": 1, "distribution_observations": 4 }, "risk": { "range_context": 0.052343, "annualized_volatility": 0.167124, "from_high_reference": -0.310618, "from_low_reference": 0.045673 }, "levels": { "trend_reference": 23.458333, "fair_value_reference": 37.510875, "structural_low": 20.799999, "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": 27, "median_return": -0.018405, "positive_rate": 0.407407, "directional_follow_through": 0.592593, "median_excess_return": -0.049491, "regime_survival": 0.851852, "best_return": 0.49652, "worst_return": -0.138462, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 9, "median_return": -0.060016, "positive_rate": 0.222222, "directional_follow_through": 0.777778, "median_excess_return": -0.13541, "regime_survival": 0.666667, "best_return": 0.285383, "worst_return": -0.141026, "sufficient": true }, { "horizon": "Extended", "sample_count": 5, "median_return": -0.145488, "positive_rate": 0.4, "directional_follow_through": 0.6, "median_excess_return": -0.194019, "regime_survival": 0.4, "best_return": 0.438515, "worst_return": -0.192577, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 3, "median_return": -0.048017, "positive_rate": 0.333333, "directional_follow_through": 0.666667, "median_excess_return": -0.49512, "regime_survival": 0.666667, "best_return": 0.120036, "worst_return": -0.311517, "sufficient": false } ], "ledger": [ { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2023-10-27", "end": "2023-12-01", "tenure": "Developing", "return": 0.412993, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2023-12-08", "end": "2024-02-02", "tenure": "Developing", "return": -0.065546, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-02-09", "end": "2024-02-16", "tenure": "New", "return": -0.082734, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2024-02-23", "end": "2024-03-29", "tenure": "Developing", "return": 0.065574, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-04-05", "end": "2024-04-12", "tenure": "New", "return": 0.144737, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2024-04-19", "end": "2024-05-03", "tenure": "New", "return": 0.119508, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-05-10", "end": "2024-06-07", "tenure": "Developing", "return": -0.035656, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-06-14", "end": "2024-07-19", "tenure": "Developing", "return": -0.133589, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2024-07-26", "end": "2024-08-09", "tenure": "New", "return": -0.110992, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2024-08-16", "end": "2025-01-24", "tenure": "Established", "return": -0.160987, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-02-07", "end": "2025-02-14", "tenure": "New", "return": 0.017673, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-02-21", "end": "2025-07-18", "tenure": "Established", "return": -0.145335, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-07-25", "end": "2025-09-26", "tenure": "Developing", "return": -0.068792, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-10-03", "end": "2026-08-14", "tenure": "Extended", "return": -0.198895, "active": true } ], "chart_path": [ { "date": "2023-08-11", "close": 58.46801, "volume": 2480352, "typical_volume": 10023738.2, "trend": 54.694142, "fair_value": 32.826718, "relative_strength": 24.609495, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 14.019196, "energy": 23.022407, "activity_lines": [ 64.189176, 71.949206, 68.950201, 63.195365 ] }, { "date": "2023-08-18", "close": 53.635944, "volume": 1787543, "typical_volume": 9865271.5, "trend": 55.497148, "fair_value": 32.997893, "relative_strength": 14.834669, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -5.085239, "energy": 21.591317, "activity_lines": [ 59.930515, 67.827357, 68.049146, 63.127094 ] }, { "date": "2023-08-25", "close": 57.115032, "volume": 4000879, "typical_volume": 10022714.9, "trend": 56.414613, "fair_value": 33.204431, "relative_strength": 20.300195, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -0.919489, "energy": 22.394433, "activity_lines": [ 58.113658, 64.635002, 67.44499, 63.231474 ] }, { "date": "2023-09-01", "close": 53.442657, "volume": 1808551, "typical_volume": 9875300.0, "trend": 57.199092, "fair_value": 33.399071, "relative_strength": 10.587743, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -26.360087, "energy": 33.373203, "activity_lines": [ 55.839365, 61.217895, 66.432738, 63.039735 ] }, { "date": "2023-09-08", "close": 50.64006, "volume": 656174, "typical_volume": 9287850.25, "trend": 57.890151, "fair_value": 33.569214, "relative_strength": 4.562702, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -31.149762, "energy": 49.775528, "activity_lines": [ 53.603728, 58.181599, 65.128683, 62.616572 ] }, { "date": "2023-09-15", "close": 49.673649, "volume": 1127184, "typical_volume": 9243040.9, "trend": 58.441749, "fair_value": 33.727767, "relative_strength": -0.10516, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -32.435518, "energy": 53.739968, "activity_lines": [ 51.941498, 55.718124, 63.708529, 62.086475 ] }, { "date": "2023-09-22", "close": 47.402576, "volume": 541401, "typical_volume": 9205338.75, "trend": 58.589862, "fair_value": 33.879145, "relative_strength": -1.867784, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -37.131904, "energy": 61.491106, "activity_lines": [ 50.108533, 53.490102, 62.055214, 61.37427 ] }, { "date": "2023-09-29", "close": 48.803875, "volume": 512030, "typical_volume": 9192953.8, "trend": 58.697075, "fair_value": 34.031555, "relative_strength": 0.422746, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -41.416536, "energy": 69.081806, "activity_lines": [ 49.158227, 51.979861, 60.522828, 60.742916 ] }, { "date": "2023-10-06", "close": 46.097919, "volume": 641367, "typical_volume": 8734721.45, "trend": 58.714089, "fair_value": 34.16747, "relative_strength": -6.451793, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -47.376057, "energy": 73.946279, "activity_lines": [ 47.860012, 50.337837, 58.715905, 59.930067 ] }, { "date": "2023-10-13", "close": 43.778526, "volume": 619298, "typical_volume": 7077687.75, "trend": 58.670406, "fair_value": 34.294481, "relative_strength": -12.708916, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -52.337911, "energy": 79.87282, "activity_lines": [ 46.278315, 48.672971, 56.711984, 58.966483 ] }, { "date": "2023-10-20", "close": 39.912872, "volume": 609433, "typical_volume": 5901392.3, "trend": 58.41479, "fair_value": 34.393021, "relative_strength": -18.868863, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -86.459606, "energy": 93.03801, "activity_lines": [ 43.865503, 46.674252, 54.42534, 57.756319 ] }, { "date": "2023-10-27", "close": 41.652416, "volume": 624188, "typical_volume": 4026474.35, "trend": 58.256431, "fair_value": 34.50044, "relative_strength": -13.977269, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -74.941318, "energy": 89.727794, "activity_lines": [ 42.683257, 45.32918, 52.422883, 56.674876 ] }, { "date": "2023-11-03", "close": 43.295319, "volume": 1377469, "typical_volume": 3335926.6, "trend": 58.204194, "fair_value": 34.626909, "relative_strength": -12.862414, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.853099, "energy": 86.963981, "activity_lines": [ 42.43199, 44.5007, 50.711725, 55.709643 ] }, { "date": "2023-11-10", "close": 54.119148, "volume": 17282502, "typical_volume": 3140854.7, "trend": 58.400972, "fair_value": 34.823613, "relative_strength": 7.054626, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -53.943773, "energy": 54.125073, "activity_lines": [ 46.155902, 45.891457, 50.213228, 55.446091 ] }, { "date": "2023-11-17", "close": 62.430305, "volume": 8162749, "typical_volume": 3204817.0, "trend": 58.962399, "fair_value": 35.074446, "relative_strength": 18.604715, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -11.189744, "energy": 22.827155, "activity_lines": [ 52.115452, 48.781033, 50.736242, 55.706048 ] }, { "date": "2023-11-24", "close": 62.333664, "volume": 20386231, "typical_volume": 4168866.1, "trend": 59.502479, "fair_value": 35.330339, "relative_strength": 16.754929, "stage": 2, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": 13.188026, "energy": 32.794351, "activity_lines": [ 56.799336, 51.43867, 51.389952, 55.923549 ] }, { "date": "2023-12-01", "close": 58.854576, "volume": 4699043, "typical_volume": 4252199.6, "trend": 59.971905, "fair_value": 35.553139, "relative_strength": 8.368289, "stage": 2, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": 2.471636, "energy": 35.174313, "activity_lines": [ 58.828804, 53.233563, 51.821847, 55.881749 ] }, { "date": "2023-12-08", "close": 57.501595, "volume": 2851768, "typical_volume": 3962882.85, "trend": 60.379615, "fair_value": 35.764711, "relative_strength": 5.410672, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "down", "direction": 4.959508, "energy": 34.994727, "activity_lines": [ 59.260469, 54.574242, 52.191615, 55.722374 ] }, { "date": "2023-12-15", "close": 55.568771, "volume": 1117146, "typical_volume": 3680917.5, "trend": 60.528041, "fair_value": 35.964177, "relative_strength": -0.411375, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "down", "direction": 2.001938, "energy": 26.122686, "activity_lines": [ 58.100773, 55.405358, 52.430227, 55.411997 ] }, { "date": "2023-12-22", "close": 56.535183, "volume": 1722943, "typical_volume": 3650412.55, "trend": 60.355219, "fair_value": 36.173529, "relative_strength": 1.087252, "stage": 4, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "down", "direction": -2.497593, "energy": 15.429588, "activity_lines": [ 57.166573, 56.239988, 52.820244, 55.154393 ] }, { "date": "2023-12-29", "close": 60.884045, "volume": 3838405, "typical_volume": 3718315.2, "trend": 60.224643, "fair_value": 36.418142, "relative_strength": 6.036986, "stage": 4, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "down", "direction": 8.991079, "energy": 15.895496, "activity_lines": [ 58.075002, 57.63338, 53.660333, 55.188511 ] }, { "date": "2024-01-05", "close": 59.241142, "volume": 6497819, "typical_volume": 3953829.0, "trend": 59.867106, "fair_value": 36.648247, "relative_strength": 4.819318, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "down", "direction": 0.941689, "energy": 12.252811, "activity_lines": [ 58.532438, 58.346769, 54.332451, 55.125059 ] }, { "date": "2024-01-12", "close": 58.854576, "volume": 3277008, "typical_volume": 3917635.45, "trend": 59.11301, "fair_value": 36.880986, "relative_strength": 3.349424, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "down", "direction": -1.191793, "energy": 13.347266, "activity_lines": [ 58.835248, 58.670079, 54.941061, 55.059735 ] }, { "date": "2024-01-19", "close": 54.505714, "volume": 1961255, "typical_volume": 3925270.65, "trend": 57.516093, "fair_value": 37.067958, "relative_strength": -5.807318, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 10.98847, "energy": 12.695651, "activity_lines": [ 57.598238, 57.91979, 55.127211, 54.76249 ] }, { "date": "2024-01-26", "close": 53.539299, "volume": 1762614, "typical_volume": 3980592.65, "trend": 56.240427, "fair_value": 37.261798, "relative_strength": -9.617052, "stage": 4, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 1.311956, "energy": 5.72119, "activity_lines": [ 56.109961, 56.986762, 55.216259, 54.505923 ] }, { "date": "2024-02-02", "close": 53.732582, "volume": 1361750, "typical_volume": 3992320.95, "trend": 55.187036, "fair_value": 37.460852, "relative_strength": -10.172138, "stage": 4, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": -3.23741, "energy": 9.973058, "activity_lines": [ 54.885836, 56.25053, 55.309909, 54.344126 ] }, { "date": "2024-02-09", "close": 53.732582, "volume": 108652, "typical_volume": 3970683.5, "trend": 54.549203, "fair_value": 37.665868, "relative_strength": -10.894996, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -9.125527, "energy": 15.986698, "activity_lines": [ 54.138476, 55.670681, 55.38423, 54.25029 ] }, { "date": "2024-02-16", "close": 49.287083, "volume": 672337, "typical_volume": 3978698.85, "trend": 53.904927, "fair_value": 37.822795, "relative_strength": -20.745106, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -28.747496, "energy": 30.128768, "activity_lines": [ 52.27652, 54.375688, 55.005028, 53.910799 ] }, { "date": "2024-02-23", "close": 47.160973, "volume": 847121, "typical_volume": 3988986.55, "trend": 53.20911, "fair_value": 37.976884, "relative_strength": -25.177836, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -39.617955, "energy": 54.627193, "activity_lines": [ 50.343694, 52.843483, 54.421038, 53.475705 ] }, { "date": "2024-03-01", "close": 47.450901, "volume": 364470, "typical_volume": 3976245.15, "trend": 52.655033, "fair_value": 38.133399, "relative_strength": -24.723714, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -35.96651, "energy": 60.132096, "activity_lines": [ 48.997159, 51.516862, 53.859599, 53.104208 ] }, { "date": "2024-03-08", "close": 47.547539, "volume": 522371, "typical_volume": 3971892.05, "trend": 52.291017, "fair_value": 38.263841, "relative_strength": -27.585657, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -32.70688, "energy": 62.552747, "activity_lines": [ 48.088731, 50.37298, 53.289875, 52.774692 ] }, { "date": "2024-03-15", "close": 49.383724, "volume": 1626036, "typical_volume": 4021984.45, "trend": 52.149277, "fair_value": 38.407474, "relative_strength": -24.216745, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -26.715714, "energy": 54.196378, "activity_lines": [ 48.204701, 49.805432, 52.85867, 52.587125 ] }, { "date": "2024-03-22", "close": 48.707233, "volume": 495181, "typical_volume": 3977870.05, "trend": 51.869017, "fair_value": 38.550461, "relative_strength": -27.025455, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -32.835748, "energy": 39.656118, "activity_lines": [ 48.385097, 49.294111, 52.326223, 52.365057 ] }, { "date": "2024-03-29", "close": 50.253498, "volume": 1180519, "typical_volume": 3172770.9, "trend": 51.762712, "fair_value": 38.703929, "relative_strength": -24.757222, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -28.105138, "energy": 26.516277, "activity_lines": [ 49.119572, 49.248426, 51.915267, 52.26083 ] }, { "date": "2024-04-05", "close": 51.413193, "volume": 757556, "typical_volume": 2802511.25, "trend": 51.788483, "fair_value": 38.863694, "relative_strength": -23.04709, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -13.101461, "energy": 13.87593, "activity_lines": [ 50.034443, 49.490909, 51.633166, 52.238281 ] }, { "date": "2024-04-12", "close": 58.854576, "volume": 4798706, "typical_volume": 2023135.0, "trend": 52.094513, "fair_value": 39.070593, "relative_strength": -13.508524, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": 28.991816, "energy": 25.482409, "activity_lines": [ 53.165622, 51.125026, 52.112231, 52.694158 ] }, { "date": "2024-04-19", "close": 54.988922, "volume": 1556324, "typical_volume": 1865999.05, "trend": 52.347392, "fair_value": 39.25328, "relative_strength": -14.13106, "stage": 3, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 18.38019, "energy": 28.558935, "activity_lines": [ 54.254448, 51.96317, 52.239706, 52.880894 ] }, { "date": "2024-04-26", "close": 59.917629, "volume": 6831962, "typical_volume": 2065008.75, "trend": 52.71785, "fair_value": 39.461882, "relative_strength": -9.202938, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 66.693, "energy": 57.58606, "activity_lines": [ 56.612496, 53.6746, 52.854989, 53.369296 ] }, { "date": "2024-05-03", "close": 61.560532, "volume": 3590426, "typical_volume": 2188672.75, "trend": 53.233271, "fair_value": 39.67562, "relative_strength": -7.764121, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 69.229467, "energy": 73.407153, "activity_lines": [ 58.770819, 55.491457, 53.615234, 53.939792 ] }, { "date": "2024-05-10", "close": 59.627705, "volume": 1712018, "typical_volume": 2188126.5, "trend": 53.761577, "fair_value": 39.88066, "relative_strength": -12.272028, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 55.275122, "energy": 68.463055, "activity_lines": [ 59.531064, 56.69508, 54.162868, 54.352336 ] }, { "date": "2024-05-17", "close": 60.304195, "volume": 2479459, "typical_volume": 2120179.2, "trend": 54.441287, "fair_value": 40.097703, "relative_strength": -13.406516, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 58.321253, "energy": 67.614077, "activity_lines": [ 59.969171, 57.800306, 54.760204, 54.77444 ] }, { "date": "2024-05-24", "close": 55.47213, "volume": 3023883, "typical_volume": 1946482.4, "trend": 54.901944, "fair_value": 40.299957, "relative_strength": -20.936843, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "mixed", "direction": 32.052528, "energy": 31.553589, "activity_lines": [ 58.699949, 57.795035, 54.900104, 54.840946 ] }, { "date": "2024-05-31", "close": 57.21167, "volume": 13266511, "typical_volume": 2445957.55, "trend": 55.365823, "fair_value": 40.513646, "relative_strength": -16.369597, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "mixed", "direction": 16.009625, "energy": 15.845549, "activity_lines": [ 57.97836, 57.995345, 55.223622, 54.989961 ] }, { "date": "2024-06-07", "close": 57.501595, "volume": 1691584, "typical_volume": 2432474.0, "trend": 55.478571, "fair_value": 40.717551, "relative_strength": -17.836831, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "mixed", "direction": 12.02011, "energy": 10.829142, "activity_lines": [ 57.533809, 58.093744, 55.582575, 55.127752 ] }, { "date": "2024-06-14", "close": 57.308311, "volume": 822381, "typical_volume": 2385462.35, "trend": 55.307838, "fair_value": 40.916289, "relative_strength": -19.416349, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": 8.376235, "energy": 8.415779, "activity_lines": [ 57.295427, 58.025216, 55.908855, 55.2458 ] }, { "date": "2024-06-21", "close": 56.3419, "volume": 860571, "typical_volume": 2360403.4, "trend": 55.108112, "fair_value": 41.110276, "relative_strength": -21.642493, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 33.006507, "energy": 15.570981, "activity_lines": [ 56.889533, 57.673793, 56.125147, 55.312514 ] }, { "date": "2024-06-28", "close": 53.829224, "volume": 1006036, "typical_volume": 2405272.6, "trend": 54.940601, "fair_value": 41.28729, "relative_strength": -22.937091, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 20.764661, "energy": 12.669829, "activity_lines": [ 55.910234, 56.911205, 56.089712, 55.230005 ] }, { "date": "2024-07-05", "close": 54.022511, "volume": 823356, "typical_volume": 2412823.55, "trend": 54.824631, "fair_value": 41.454282, "relative_strength": -23.001327, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 17.353003, "energy": 12.871035, "activity_lines": [ 55.104891, 56.204845, 56.072225, 55.170773 ] }, { "date": "2024-07-12", "close": 53.442657, "volume": 1102138, "typical_volume": 2425574.4, "trend": 54.753761, "fair_value": 41.614669, "relative_strength": -24.003136, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -14.218832, "energy": 15.914954, "activity_lines": [ 54.318874, 55.500241, 55.976964, 55.081614 ] }, { "date": "2024-07-19", "close": 49.652561, "volume": 1079097, "typical_volume": 2461305.75, "trend": 54.52434, "fair_value": 41.713803, "relative_strength": -25.249876, "stage": 1, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -30.245651, "energy": 35.271467, "activity_lines": [ 52.540088, 54.254127, 55.490828, 54.752504 ] }, { "date": "2024-07-26", "close": 46.617683, "volume": 559824, "typical_volume": 2463178.4, "trend": 54.048795, "fair_value": 41.804166, "relative_strength": -26.550627, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -41.742598, "energy": 58.201315, "activity_lines": [ 50.260058, 52.637583, 54.705173, 54.242397 ] }, { "date": "2024-08-02", "close": 45.821651, "volume": 556156, "typical_volume": 2409684.4, "trend": 53.601478, "fair_value": 41.87932, "relative_strength": -25.355957, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -42.397196, "energy": 65.395853, "activity_lines": [ 48.362966, 51.125151, 53.848133, 53.711614 ] }, { "date": "2024-08-09", "close": 41.443474, "volume": 1188593, "typical_volume": 2444355.0, "trend": 53.021108, "fair_value": 41.947775, "relative_strength": -31.214259, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -85.585932, "energy": 85.658107, "activity_lines": [ 45.54032, 48.992151, 52.591086, 52.927226 ] }, { "date": "2024-08-16", "close": 42.339008, "volume": 310206, "typical_volume": 2400839.35, "trend": 52.615551, "fair_value": 42.032366, "relative_strength": -31.851535, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -76.389846, "energy": 86.172609, "activity_lines": [ 43.854788, 47.308669, 51.453917, 52.238059 ] }, { "date": "2024-08-23", "close": 41.244465, "volume": 685200, "typical_volume": 2397221.55, "trend": 52.205724, "fair_value": 42.113694, "relative_strength": -32.288866, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -76.89829, "energy": 90.210442, "activity_lines": [ 42.544651, 45.701863, 50.250194, 51.50444 ] }, { "date": "2024-08-30", "close": 42.040497, "volume": 362914, "typical_volume": 2175431.95, "trend": 51.815987, "fair_value": 42.211096, "relative_strength": -30.681611, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -69.659431, "energy": 88.499848, "activity_lines": [ 42.060398, 44.53186, 49.170706, 50.848619 ] }, { "date": "2024-09-06", "close": 39.005619, "volume": 479316, "typical_volume": 2121581.55, "trend": 51.325089, "fair_value": 42.269699, "relative_strength": -32.598716, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -82.374696, "energy": 92.149687, "activity_lines": [ 40.869665, 43.070087, 47.882249, 50.022144 ] }, { "date": "2024-09-13", "close": 40.547932, "volume": 443328, "typical_volume": 1802149.85, "trend": 51.033784, "fair_value": 42.336745, "relative_strength": -30.447194, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -69.223816, "energy": 84.240945, "activity_lines": [ 40.647438, 42.158254, 46.81679, 49.326843 ] }, { "date": "2024-09-20", "close": 40.647434, "volume": 167527, "typical_volume": 1631004.9, "trend": 50.816666, "fair_value": 42.420021, "relative_strength": -31.006509, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.473648, "energy": 68.241856, "activity_lines": [ 40.518081, 41.509505, 45.853044, 48.656756 ] }, { "date": "2024-09-27", "close": 41.567879, "volume": 676494, "typical_volume": 1579228.7, "trend": 50.620565, "fair_value": 42.505731, "relative_strength": -30.913828, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.913019, "energy": 59.400001, "activity_lines": [ 40.808311, 41.26075, 45.076546, 48.06006 ] }, { "date": "2024-10-04", "close": 40.00066, "volume": 344383, "typical_volume": 1472474.9, "trend": 50.369002, "fair_value": 42.571579, "relative_strength": -31.469978, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.29924, "energy": 56.634568, "activity_lines": [ 40.554573, 40.87404, 44.236788, 47.374905 ] }, { "date": "2024-10-11", "close": 39.801651, "volume": 231747, "typical_volume": 1332868.1, "trend": 50.0496, "fair_value": 42.639905, "relative_strength": -33.166665, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.845392, "energy": 54.646805, "activity_lines": [ 40.370489, 40.571456, 43.47476, 46.69314 ] }, { "date": "2024-10-18", "close": 40.697189, "volume": 401392, "typical_volume": 689612.15, "trend": 49.782598, "fair_value": 42.696935, "relative_strength": -33.022601, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -59.421777, "energy": 49.739059, "activity_lines": [ 40.431848, 40.541152, 42.872643, 46.089759 ] }, { "date": "2024-10-25", "close": 39.652393, "volume": 306571, "typical_volume": 620361.5, "trend": 49.429228, "fair_value": 42.770656, "relative_strength": -33.920213, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.470841, "energy": 51.94712, "activity_lines": [ 40.134992, 40.334454, 42.249662, 45.436198 ] }, { "date": "2024-11-01", "close": 39.702148, "volume": 356509, "typical_volume": 597067.9, "trend": 49.03886, "fair_value": 42.847872, "relative_strength": -31.737081, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.732288, "energy": 49.015485, "activity_lines": [ 39.921056, 40.185649, 41.716415, 44.808644 ] }, { "date": "2024-11-08", "close": 38.80661, "volume": 299755, "typical_volume": 569027.1, "trend": 48.370595, "fair_value": 42.907798, "relative_strength": -34.68346, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -69.304841, "energy": 55.370818, "activity_lines": [ 39.53299, 39.902062, 41.181718, 44.148499 ] }, { "date": "2024-11-15", "close": 38.756859, "volume": 665767, "typical_volume": 552013.65, "trend": 47.829526, "fair_value": 42.973757, "relative_strength": -31.435122, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.827373, "energy": 54.296391, "activity_lines": [ 39.207944, 39.668227, 40.725785, 43.528258 ] }, { "date": "2024-11-22", "close": 37.811569, "volume": 725842, "typical_volume": 547137.95, "trend": 47.092657, "fair_value": 43.032502, "relative_strength": -32.559168, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -71.242722, "energy": 58.389288, "activity_lines": [ 38.637453, 39.267044, 40.251597, 42.881938 ] }, { "date": "2024-11-29", "close": 32.338844, "volume": 5272031, "typical_volume": 755632.6, "trend": 46.118601, "fair_value": 43.056165, "relative_strength": -39.747476, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -90.808117, "energy": 80.622981, "activity_lines": [ 36.435096, 37.920572, 39.333392, 41.930079 ] }, { "date": "2024-12-06", "close": 33.433388, "volume": 930340, "typical_volume": 748194.75, "trend": 45.245457, "fair_value": 43.09233, "relative_strength": -39.304471, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -81.190827, "energy": 83.403648, "activity_lines": [ 35.085157, 36.924173, 38.619923, 41.111678 ] }, { "date": "2024-12-13", "close": 32.438347, "volume": 618928, "typical_volume": 751149.95, "trend": 44.316595, "fair_value": 43.125293, "relative_strength": -39.823465, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -81.294757, "energy": 91.238336, "activity_lines": [ 33.821454, 35.894758, 37.888923, 40.285413 ] }, { "date": "2024-12-20", "close": 33.980663, "volume": 5650054, "typical_volume": 1005844.85, "trend": 43.600213, "fair_value": 43.166699, "relative_strength": -34.618888, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.278823, "energy": 82.476181, "activity_lines": [ 33.496408, 35.283261, 37.372331, 39.618579 ] }, { "date": "2024-12-27", "close": 33.831406, "volume": 1282603, "typical_volume": 1010545.35, "trend": 42.820871, "fair_value": 43.207726, "relative_strength": -36.011697, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.525975, "energy": 78.523621, "activity_lines": [ 33.440023, 34.750462, 36.89791, 38.988333 ] }, { "date": "2025-01-03", "close": 33.682148, "volume": 2473390, "typical_volume": 1118704.55, "trend": 42.026889, "fair_value": 43.248085, "relative_strength": -34.207814, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.653099, "energy": 58.237429, "activity_lines": [ 33.599229, 34.315357, 36.445521, 38.398738 ] }, { "date": "2025-01-10", "close": 30.746777, "volume": 982358, "typical_volume": 1133562.45, "trend": 41.141505, "fair_value": 43.260387, "relative_strength": -39.151751, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -77.5753, "energy": 61.592415, "activity_lines": [ 32.690425, 33.455099, 35.754796, 37.670989 ] }, { "date": "2025-01-17", "close": 33.731903, "volume": 1836592, "typical_volume": 1207246.35, "trend": 40.387838, "fair_value": 43.299621, "relative_strength": -32.678665, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -58.826438, "energy": 49.715678, "activity_lines": [ 32.955769, 33.300415, 35.398359, 37.19295 ] }, { "date": "2025-01-24", "close": 35.522976, "volume": 3943908, "typical_volume": 1380475.95, "trend": 39.77763, "fair_value": 43.353512, "relative_strength": -29.321127, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -44.805285, "energy": 36.969365, "activity_lines": [ 33.731902, 33.563649, 35.252064, 36.879088 ] }, { "date": "2025-02-07", "close": 33.781654, "volume": 853750, "typical_volume": 1400997.05, "trend": 39.102935, "fair_value": 43.397685, "relative_strength": -31.706334, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "down", "direction": -42.774719, "energy": 33.100696, "activity_lines": [ 33.824772, 33.569077, 34.956513, 36.492251 ] }, { "date": "2025-02-14", "close": 34.378677, "volume": 656242, "typical_volume": 1425432.8, "trend": 38.467469, "fair_value": 43.44684, "relative_strength": -28.553745, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "down", "direction": -37.399669, "energy": 22.214905, "activity_lines": [ 34.119967, 33.756325, 34.750042, 36.18746 ] }, { "date": "2025-02-21", "close": 34.925949, "volume": 1287618, "typical_volume": 1455989.0, "trend": 37.976582, "fair_value": 43.494594, "relative_strength": -28.403459, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -33.781027, "energy": 18.372701, "activity_lines": [ 34.551151, 34.00599, 34.625543, 35.958975 ] }, { "date": "2025-02-28", "close": 34.428429, "volume": 303380, "typical_volume": 1453938.85, "trend": 37.570273, "fair_value": 43.51144, "relative_strength": -26.662195, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -32.310321, "energy": 17.564702, "activity_lines": [ 34.537884, 34.138059, 34.485289, 35.730062 ] }, { "date": "2025-03-07", "close": 33.980663, "volume": 550342, "typical_volume": 1469868.6, "trend": 37.175574, "fair_value": 43.534367, "relative_strength": -25.381116, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -35.546342, "energy": 18.88514, "activity_lines": [ 34.328926, 34.152532, 34.328926, 35.498474 ] }, { "date": "2025-03-14", "close": 30.945786, "volume": 797392, "typical_volume": 1489668.6, "trend": 36.825651, "fair_value": 43.541593, "relative_strength": -29.496196, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.92723, "energy": 38.58878, "activity_lines": [ 33.211163, 33.61521, 33.911245, 35.096552 ] }, { "date": "2025-03-21", "close": 31.841322, "volume": 435874, "typical_volume": 1496133.75, "trend": 36.475728, "fair_value": 43.564088, "relative_strength": -27.492824, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.899399, "energy": 49.665175, "activity_lines": [ 32.58097, 33.293178, 33.62529, 34.774983 ] }, { "date": "2025-03-28", "close": 30.199505, "volume": 407132, "typical_volume": 1498664.9, "trend": 36.107563, "fair_value": 43.572305, "relative_strength": -28.60043, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -72.459419, "energy": 70.256235, "activity_lines": [ 31.572662, 32.706104, 33.220166, 34.370065 ] }, { "date": "2025-04-04", "close": 29.701984, "volume": 283745, "typical_volume": 1497864.4, "trend": 35.696279, "fair_value": 43.576178, "relative_strength": -28.00731, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -73.022419, "energy": 75.998618, "activity_lines": [ 30.713609, 32.038522, 32.812909, 33.956802 ] }, { "date": "2025-04-11", "close": 25.572563, "volume": 930768, "typical_volume": 1511114.45, "trend": 35.24851, "fair_value": 43.5582, "relative_strength": -31.572409, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -88.377188, "energy": 85.347298, "activity_lines": [ 28.79318, 30.693407, 32.05573, 33.303659 ] }, { "date": "2025-04-18", "close": 27.711901, "volume": 377136, "typical_volume": 1493679.15, "trend": 34.820643, "fair_value": 43.55278, "relative_strength": -24.263943, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -70.732141, "energy": 80.115312, "activity_lines": [ 28.146403, 29.918179, 31.56508, 32.817426 ] }, { "date": "2025-04-25", "close": 28.458181, "volume": 392394, "typical_volume": 1249697.3, "trend": 34.414334, "fair_value": 43.5533, "relative_strength": -23.00775, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.505967, "energy": 74.766752, "activity_lines": [ 27.963978, 29.388998, 31.193598, 32.406945 ] }, { "date": "2025-05-02", "close": 30.498016, "volume": 290205, "typical_volume": 1217690.55, "trend": 34.045339, "fair_value": 43.569205, "relative_strength": -19.868843, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.2799, "energy": 52.175147, "activity_lines": [ 28.687041, 29.338341, 31.034865, 32.154279 ] }, { "date": "2025-05-09", "close": 31.642313, "volume": 1559661, "typical_volume": 1264727.2, "trend": 33.766727, "fair_value": 43.59822, "relative_strength": -16.032448, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -44.555451, "energy": 31.014171, "activity_lines": [ 29.771636, 29.576246, 30.999091, 31.999245 ] }, { "date": "2025-05-16", "close": 31.493057, "volume": 344387, "typical_volume": 999443.85, "trend": 33.489774, "fair_value": 43.623969, "relative_strength": -18.734508, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -35.690715, "energy": 21.920509, "activity_lines": [ 30.677123, 29.837671, 30.952893, 31.852557 ] }, { "date": "2025-05-23", "close": 30.000496, "volume": 355075, "typical_volume": 953067.45, "trend": 33.133218, "fair_value": 43.644192, "relative_strength": -20.653337, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -31.578543, "energy": 22.839077, "activity_lines": [ 30.690391, 29.872949, 30.776391, 31.627442 ] }, { "date": "2025-05-30", "close": 29.303967, "volume": 160314, "typical_volume": 837413.65, "trend": 32.78827, "fair_value": 43.658507, "relative_strength": -20.336017, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -37.637005, "energy": 20.93529, "activity_lines": [ 30.318909, 29.798774, 30.551796, 31.380394 ] }, { "date": "2025-06-06", "close": 28.408428, "volume": 164346, "typical_volume": 796513.05, "trend": 32.411813, "fair_value": 43.660151, "relative_strength": -22.688142, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -58.709786, "energy": 30.861294, "activity_lines": [ 29.592528, 29.607906, 30.26276, 31.097823 ] }, { "date": "2025-06-13", "close": 28.507933, "volume": 181112, "typical_volume": 713739.05, "trend": 32.068523, "fair_value": 43.64713, "relative_strength": -22.692918, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -58.782848, "energy": 38.920009, "activity_lines": [ 29.038622, 29.467696, 29.994336, 30.84596 ] }, { "date": "2025-06-20", "close": 27.562645, "volume": 226107, "typical_volume": 527849.0, "trend": 31.695383, "fair_value": 43.628627, "relative_strength": -24.030529, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.909398, "energy": 54.254317, "activity_lines": [ 28.378578, 29.177325, 29.66076, 30.555258 ] }, { "date": "2025-06-27", "close": 29.652231, "volume": 348011, "typical_volume": 502562.05, "trend": 31.423405, "fair_value": 43.631314, "relative_strength": -19.156807, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -53.974027, "energy": 41.386592, "activity_lines": [ 28.67709, 29.230695, 29.564099, 30.423442 ] }, { "date": "2025-07-04", "close": 30.498016, "volume": 514450, "typical_volume": 495472.45, "trend": 31.362044, "fair_value": 43.63219, "relative_strength": -15.748744, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -45.941952, "energy": 25.854741, "activity_lines": [ 29.280749, 29.402566, 29.567653, 30.363739 ] }, { "date": "2025-07-11", "close": 30.249256, "volume": 203194, "typical_volume": 441251.25, "trend": 31.255906, "fair_value": 43.642799, "relative_strength": -16.21631, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -33.074929, "energy": 16.192156, "activity_lines": [ 29.721884, 29.49212, 29.565994, 30.291947 ] }, { "date": "2025-07-18", "close": 29.85, "volume": 242782, "typical_volume": 438221.35, "trend": 31.169628, "fair_value": 43.642716, "relative_strength": -18.612329, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -27.211837, "energy": 18.616647, "activity_lines": [ 29.907212, 29.513604, 29.548581, 30.201243 ] }, { "date": "2025-07-25", "close": 29.799999, "volume": 187807, "typical_volume": 420094.6, "trend": 31.030273, "fair_value": 43.643765, "relative_strength": -17.780529, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -15.850881, "energy": 14.267028, "activity_lines": [ 29.986402, 29.558586, 29.548209, 30.11288 ] }, { "date": "2025-08-01", "close": 29.75, "volume": 158730, "typical_volume": 388161.5, "trend": 30.894226, "fair_value": 43.636941, "relative_strength": -17.304513, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -15.899386, "energy": 10.596558, "activity_lines": [ 29.899768, 29.625259, 29.562982, 30.030281 ] }, { "date": "2025-08-08", "close": 29.549999, "volume": 244366, "typical_volume": 378586.1, "trend": 30.756488, "fair_value": 43.633482, "relative_strength": -18.966374, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -19.353437, "energy": 10.003805, "activity_lines": [ 29.73995, 29.660123, 29.564402, 29.943557 ] }, { "date": "2025-08-15", "close": 29.299999, "volume": 96374, "typical_volume": 363048.2, "trend": 30.708262, "fair_value": 43.632487, "relative_strength": -19.94959, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -36.98898, "energy": 18.016906, "activity_lines": [ 29.559999, 29.645059, 29.552923, 29.84959 ] }, { "date": "2025-08-22", "close": 28.200001, "volume": 135136, "typical_volume": 355617.75, "trend": 30.523865, "fair_value": 43.619213, "relative_strength": -20.386464, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -62.485519, "energy": 39.083852, "activity_lines": [ 29.076666, 29.413785, 29.440966, 29.687767 ] }, { "date": "2025-08-29", "close": 28.65, "volume": 200556, "typical_volume": 319107.15, "trend": 30.294766, "fair_value": 43.611437, "relative_strength": -19.979061, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -55.16521, "energy": 43.430562, "activity_lines": [ 28.853333, 29.269928, 29.379019, 29.566872 ] }, { "date": "2025-09-05", "close": 29.799999, "volume": 276397, "typical_volume": 314070.2, "trend": 30.162044, "fair_value": 43.603772, "relative_strength": -16.929686, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -42.708837, "energy": 27.435297, "activity_lines": [ 29.09, 29.315391, 29.41194, 29.534952 ] }, { "date": "2025-09-12", "close": 29.0, "volume": 158157, "typical_volume": 302358.35, "trend": 29.982755, "fair_value": 43.592139, "relative_strength": -21.568171, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -49.225306, "energy": 29.590671, "activity_lines": [ 29.056666, 29.212713, 29.358728, 29.459981 ] }, { "date": "2025-09-19", "close": 28.35, "volume": 120143, "typical_volume": 293855.25, "trend": 29.763556, "fair_value": 43.58215, "relative_strength": -22.865368, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -57.173923, "energy": 29.384846, "activity_lines": [ 28.843333, 29.019091, 29.241031, 29.354642 ] }, { "date": "2025-09-26", "close": 27.75, "volume": 182593, "typical_volume": 225001.85, "trend": 29.540942, "fair_value": 43.570349, "relative_strength": -23.73864, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -66.232669, "energy": 40.478503, "activity_lines": [ 28.493333, 28.750909, 29.07642, 29.224736 ] }, { "date": "2025-10-03", "close": 27.15, "volume": 74197, "typical_volume": 211492.35, "trend": 29.313253, "fair_value": 43.550924, "relative_strength": -27.893077, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -74.134883, "energy": 67.783276, "activity_lines": [ 27.973333, 28.411818, 28.873201, 29.070481 ] }, { "date": "2025-10-10", "close": 26.450001, "volume": 130081, "typical_volume": 200242.65, "trend": 29.163394, "fair_value": 43.529918, "relative_strength": -30.35878, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -78.943504, "energy": 79.210752, "activity_lines": [ 27.32, 27.993636, 28.623996, 28.885755 ] }, { "date": "2025-10-17", "close": 28.700001, "volume": 558091, "typical_volume": 220131.5, "trend": 29.058683, "fair_value": 43.510262, "relative_strength": -23.711667, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.312537, "energy": 62.269575, "activity_lines": [ 27.640001, 28.044546, 28.605985, 28.855859 ] }, { "date": "2025-10-24", "close": 28.15, "volume": 1167546, "typical_volume": 270291.5, "trend": 28.990366, "fair_value": 43.503639, "relative_strength": -25.055492, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -54.90872, "energy": 39.869817, "activity_lines": [ 27.796667, 28.010909, 28.538468, 28.797234 ] }, { "date": "2025-10-31", "close": 27.299999, "volume": 337740, "typical_volume": 278122.9, "trend": 28.9103, "fair_value": 43.503767, "relative_strength": -28.385008, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -58.567035, "energy": 33.853072, "activity_lines": [ 27.683333, 27.843636, 28.391229, 28.688178 ] }, { "date": "2025-11-07", "close": 28.25, "volume": 1554071, "typical_volume": 344521.1, "trend": 28.999548, "fair_value": 43.507661, "relative_strength": -23.547969, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -36.885054, "energy": 17.02027, "activity_lines": [ 27.916667, 27.865455, 28.340219, 28.645578 ] }, { "date": "2025-11-14", "close": 29.15, "volume": 1076849, "typical_volume": 380963.0, "trend": 29.047485, "fair_value": 43.512096, "relative_strength": -19.706887, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -24.210188, "energy": 12.584617, "activity_lines": [ 28.376667, 28.058182, 28.37165, 28.655285 ] }, { "date": "2025-11-21", "close": 27.65, "volume": 218467, "typical_volume": 366163.85, "trend": 29.020545, "fair_value": 43.496458, "relative_strength": -20.30414, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -36.26523, "energy": 16.083909, "activity_lines": [ 28.156667, 27.99, 28.262615, 28.565125 ] }, { "date": "2025-11-28", "close": 28.65, "volume": 207890, "typical_volume": 366398.65, "trend": 28.958945, "fair_value": 43.487811, "relative_strength": -20.266352, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -25.934205, "energy": 13.640449, "activity_lines": [ 28.34, 28.128182, 28.262381, 28.541218 ] }, { "date": "2025-12-05", "close": 28.049999, "volume": 168373, "typical_volume": 362678.2, "trend": 28.839201, "fair_value": 43.47648, "relative_strength": -22.408514, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -30.178535, "energy": 13.648385, "activity_lines": [ 28.29, 28.151818, 28.212619, 28.482577 ] }, { "date": "2025-12-12", "close": 27.25, "volume": 171265, "typical_volume": 361851.1, "trend": 28.697766, "fair_value": 43.451306, "relative_strength": -24.669131, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -50.510382, "energy": 24.080653, "activity_lines": [ 27.923333, 28.024545, 28.095238, 28.380048 ] }, { "date": "2025-12-19", "close": 26.75, "volume": 165282, "typical_volume": 362178.7, "trend": 28.589416, "fair_value": 43.420313, "relative_strength": -24.208262, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -54.50466, "energy": 33.338979, "activity_lines": [ 27.456666, 27.804545, 27.942381, 28.254385 ] }, { "date": "2025-12-26", "close": 26.200001, "volume": 177080, "typical_volume": 358814.4, "trend": 28.48595, "fair_value": 43.391603, "relative_strength": -27.352267, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.402641, "energy": 51.748319, "activity_lines": [ 26.966667, 27.479091, 27.751429, 28.10023 ] }, { "date": "2026-01-02", "close": 26.1, "volume": 154413, "typical_volume": 361716.35, "trend": 28.409003, "fair_value": 43.361962, "relative_strength": -28.976667, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.11456, "energy": 58.437912, "activity_lines": [ 26.54, 27.180909, 27.566905, 27.946297 ] }, { "date": "2026-01-09", "close": 25.200001, "volume": 390222, "typical_volume": 374470.65, "trend": 28.298738, "fair_value": 43.329457, "relative_strength": -32.894083, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -69.79382, "energy": 65.464539, "activity_lines": [ 25.983334, 26.756364, 27.311905, 27.739265 ] }, { "date": "2026-01-16", "close": 25.549999, "volume": 205640, "typical_volume": 374724.85, "trend": 28.23165, "fair_value": 43.306748, "relative_strength": -33.851388, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.001525, "energy": 64.151513, "activity_lines": [ 25.733333, 26.433636, 27.104524, 27.561927 ] }, { "date": "2026-01-23", "close": 24.799999, "volume": 289904, "typical_volume": 375400.2, "trend": 28.069909, "fair_value": 43.276326, "relative_strength": -36.224198, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -71.419096, "energy": 70.375408, "activity_lines": [ 25.346666, 26.023636, 26.840476, 27.34053 ] }, { "date": "2026-01-30", "close": 25.35, "volume": 283260, "typical_volume": 381655.35, "trend": 27.898308, "fair_value": 43.24914, "relative_strength": -34.2703, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.544332, "energy": 66.039028, "activity_lines": [ 25.273333, 25.792727, 26.652619, 27.165052 ] }, { "date": "2026-02-06", "close": 25.5, "volume": 523532, "typical_volume": 401824.8, "trend": 27.74, "fair_value": 43.220882, "relative_strength": -32.611346, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -60.084946, "energy": 57.579099, "activity_lines": [ 25.306666, 25.630909, 26.496429, 27.010323 ] }, { "date": "2026-02-13", "close": 25.450001, "volume": 135034, "typical_volume": 399446.85, "trend": 27.593333, "fair_value": 43.192303, "relative_strength": -35.635099, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -57.71474, "energy": 47.682072, "activity_lines": [ 25.363333, 25.517273, 26.349048, 26.862581 ] }, { "date": "2026-02-27", "close": 25.5, "volume": 297335, "typical_volume": 410603.75, "trend": 27.45, "fair_value": 43.14342, "relative_strength": -38.041231, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -54.112401, "energy": 37.434935, "activity_lines": [ 25.42, 25.46, 26.217381, 26.727527 ] }, { "date": "2026-03-06", "close": 24.200001, "volume": 296395, "typical_volume": 418919.45, "trend": 27.265, "fair_value": 43.023169, "relative_strength": -37.220466, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -69.893137, "energy": 45.939029, "activity_lines": [ 25.046667, 25.198182, 25.969762, 26.51785 ] }, { "date": "2026-03-13", "close": 23.15, "volume": 258270, "typical_volume": 403928.4, "trend": 27.051667, "fair_value": 42.879339, "relative_strength": -38.752473, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -78.422672, "energy": 68.540177, "activity_lines": [ 24.363334, 24.791818, 25.632857, 26.252366 ] }, { "date": "2026-03-20", "close": 23.299999, "volume": 186224, "typical_volume": 354862.3, "trend": 26.851667, "fair_value": 42.736471, "relative_strength": -37.865477, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -73.342664, "energy": 78.666897, "activity_lines": [ 23.876667, 24.468182, 25.336667, 26.010323 ] }, { "date": "2026-03-27", "close": 23.0, "volume": 124645, "typical_volume": 344207.55, "trend": 26.678333, "fair_value": 42.594874, "relative_strength": -37.066453, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -74.213706, "energy": 85.5544, "activity_lines": [ 23.436667, 24.140909, 25.035, 25.761828 ] }, { "date": "2026-04-03", "close": 23.5, "volume": 203133, "typical_volume": 276660.65, "trend": 26.506667, "fair_value": 42.440506, "relative_strength": -33.852333, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.706304, "energy": 79.062095, "activity_lines": [ 23.326667, 23.944545, 24.801429, 25.556774 ] }, { "date": "2026-04-10", "close": 23.200001, "volume": 159518, "typical_volume": 230794.1, "trend": 26.286667, "fair_value": 42.291768, "relative_strength": -39.149655, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.867466, "energy": 67.929722, "activity_lines": [ 23.25, 23.730909, 24.561905, 25.343441 ] }, { "date": "2026-04-17", "close": 24.6, "volume": 744736, "typical_volume": 257107.55, "trend": 26.14, "fair_value": 42.161881, "relative_strength": -37.189019, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -58.57002, "energy": 43.452007, "activity_lines": [ 23.706667, 23.800909, 24.484048, 25.234624 ] }, { "date": "2026-04-24", "close": 23.9, "volume": 323291, "typical_volume": 262877.6, "trend": 25.991667, "fair_value": 42.00601, "relative_strength": -41.449623, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -44.550706, "energy": 31.767678, "activity_lines": [ 23.833334, 23.757273, 24.354048, 25.090108 ] }, { "date": "2026-05-01", "close": 23.299999, "volume": 156560, "typical_volume": 262286.95, "trend": 25.843333, "fair_value": 41.863142, "relative_strength": -42.024778, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -49.965014, "energy": 32.650551, "activity_lines": [ 23.72, 23.633636, 24.189524, 24.916452 ] }, { "date": "2026-05-08", "close": 23.5, "volume": 163537, "typical_volume": 261900.55, "trend": 25.721667, "fair_value": 41.718069, "relative_strength": -44.354822, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -43.87013, "energy": 27.788065, "activity_lines": [ 23.653333, 23.585454, 24.066667, 24.765269 ] }, { "date": "2026-05-15", "close": 23.049999, "volume": 193472, "typical_volume": 263310.05, "trend": 25.608333, "fair_value": 41.578827, "relative_strength": -43.834147, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.076486, "energy": 40.485656, "activity_lines": [ 23.436666, 23.491818, 23.918809, 24.592903 ] }, { "date": "2026-05-22", "close": 22.65, "volume": 178811, "typical_volume": 263396.6, "trend": 25.406667, "fair_value": 41.433825, "relative_strength": -45.283106, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.234024, "energy": 48.248998, "activity_lines": [ 23.096666, 23.346363, 23.750476, 24.402043 ] }, { "date": "2026-05-29", "close": 22.35, "volume": 257600, "typical_volume": 268555.95, "trend": 25.213333, "fair_value": 41.249428, "relative_strength": -48.079802, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -68.421725, "energy": 55.737849, "activity_lines": [ 22.786666, 23.155454, 23.570476, 24.204839 ] }, { "date": "2026-06-05", "close": 23.35, "volume": 310680, "typical_volume": 264578.85, "trend": 25.081667, "fair_value": 41.003467, "relative_strength": -45.228065, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -57.887887, "energy": 42.54515, "activity_lines": [ 22.913333, 23.163636, 23.503571, 24.084624 ] }, { "date": "2026-06-12", "close": 23.049999, "volume": 318120, "typical_volume": 270202.85, "trend": 24.908333, "fair_value": 40.735831, "relative_strength": -43.927502, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -55.110112, "energy": 37.827647, "activity_lines": [ 22.936666, 23.110909, 23.416905, 23.953548 ] }, { "date": "2026-06-19", "close": 23.299999, "volume": 168050, "typical_volume": 264110.15, "trend": 24.713333, "fair_value": 40.436682, "relative_strength": -45.226106, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -50.107666, "energy": 29.920262, "activity_lines": [ 23.073333, 23.111818, 23.365952, 23.849785 ] }, { "date": "2026-06-26", "close": 22.950001, "volume": 397102, "typical_volume": 269802.25, "trend": 24.556667, "fair_value": 40.061506, "relative_strength": -42.874609, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -40.121543, "energy": 21.86388, "activity_lines": [ 23.076667, 23.047272, 23.288809, 23.736021 ] }, { "date": "2026-07-03", "close": 23.049999, "volume": 254073, "typical_volume": 256329.3, "trend": 24.37, "fair_value": 39.552767, "relative_strength": -44.360785, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -36.528023, "energy": 20.812873, "activity_lines": [ 23.093333, 23.030909, 23.232619, 23.638817 ] }, { "date": "2026-07-10", "close": 22.700001, "volume": 0, "typical_volume": 249577.6, "trend": 24.191667, "fair_value": 39.109759, "relative_strength": -42.417298, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -51.225224, "energy": 27.062306, "activity_lines": [ 22.946667, 22.966364, 23.154762, 23.531075 ] }, { "date": "2026-07-17", "close": 22.15, "volume": 498339, "typical_volume": 259627.8, "trend": 24.021667, "fair_value": 38.704731, "relative_strength": -39.1887, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.928878, "energy": 40.899506, "activity_lines": [ 22.66, 22.812727, 23.037619, 23.399355 ] }, { "date": "2026-07-24", "close": 21.950001, "volume": 244000, "typical_volume": 257008.05, "trend": 23.861667, "fair_value": 38.378337, "relative_strength": -40.050493, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.867248, "energy": 56.700692, "activity_lines": [ 22.366667, 22.647273, 22.917381, 23.265699 ] }, { "date": "2026-07-31", "close": 21.75, "volume": 335520, "typical_volume": 260870.55, "trend": 23.713333, "fair_value": 38.077918, "relative_strength": -38.777223, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.197104, "energy": 63.213972, "activity_lines": [ 22.096667, 22.465455, 22.788809, 23.129462 ] }, { "date": "2026-08-07", "close": 21.9, "volume": 244414, "typical_volume": 263780.05, "trend": 23.573333, "fair_value": 37.782177, "relative_strength": -38.790559, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -60.759217, "energy": 60.554709, "activity_lines": [ 21.956667, 22.327273, 22.68119, 23.012473 ] }, { "date": "2026-08-14", "close": 21.75, "volume": 148100, "typical_volume": 264952.8, "trend": 23.458333, "fair_value": 37.510875, "relative_strength": -40.240134, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.712136, "energy": 55.391643, "activity_lines": [ 21.843333, 22.17, 22.565952, 22.894839 ] } ], "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." } } }