{ "ticker": { "uuid": "1aae74bb-14a3-4429-9ec1-ea581b198924", "symbol": "IOS", "name": "IONOS Group SE", "exchange": "GER", "country": "DE", "assetType": "equity" }, "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.", "analysis": { "eligible": true, "as_of": "2026-08-07", "benchmark": "^GDAXI", "stage": 2, "stage_name": "Advancing", "phase": "2a", "phase_label": "Stage 2A \u00b7 Early advance", "transition": "stage_2_healthy", "transition_label": "Stage 2 trend intact", "confidence": 96.0, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Established expansion", "architecture_gate": "up", "architecture_direction": 73.429, "architecture_energy": 75.663, "architecture_maturity": 33.585, "architecture_confidence": 77.828, "architecture_tenure": "Developing", "architecture": { "interpretation": { "headline": "The weekly architecture is expanding upward.", "body": "Trend and Activity show sustained positive alignment with constructive price acceptance. Directional energy remains positive; cooling within this regime can indicate that it is maturing." }, "scores": { "balance": 14.22, "rotation_up": 78.77, "upward_expansion": 94.59, "deceleration": 39.24, "rotation_down": 10.18, "downward_expansion": 16.59 }, "activity_lines": [ 31.208, 29.984, 28.947952, 27.920581 ], "activity_state": "Moderate", "activity_direction": "Expanding", "rotation_direction": "Improving", "price_acceptance": 1.0 }, "latest_close": 32.119999, "trend_reference": 26.883, "distance_from_trend": 0.194807, "trend_direction": "Improving", "fair_value": 25.707115, "distance_from_fair_value": 0.249459, "fair_value_direction": "Improving", "relative_strength": 2.15458, "relative_strength_direction": "Improving", "price_momentum": 0.257143, "excess_performance": 0.192503, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.194807, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.029579, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.249459, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.117183, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.021546, "read": "Leading" }, { "label": "Relative strength direction", "positive": true, "value": 0.162455, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.257143, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 3.158524, "read": "Demand-led" } ], "volume": { "latest": 1101399, "relative_activity": 1.065453, "balance": 3.158524, "dry_up": 0.870491, "accumulation_observations": 3, "distribution_observations": 1 }, "risk": { "range_context": 0.078264, "annualized_volatility": 0.457418, "from_high_reference": -0.243345, "from_low_reference": 0.536842 }, "levels": { "trend_reference": 26.883, "fair_value_reference": 25.707115, "structural_low": 20.9, "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 8, "median_return": 0.079218, "positive_rate": 0.75, "directional_follow_through": 0.75, "median_excess_return": 0.064564, "regime_survival": 0.875, "best_return": 0.278157, "worst_return": -0.040392, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 2, "median_return": 0.256486, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": 0.227611, "regime_survival": 0.5, "best_return": 0.540541, "worst_return": -0.027569, "sufficient": false }, { "horizon": "Extended", "sample_count": 1, "median_return": 0.498069, "positive_rate": 1.0, "directional_follow_through": 1.0, "median_excess_return": 0.441174, "regime_survival": 0.0, "best_return": 0.498069, "worst_return": 0.498069, "sufficient": false }, { "horizon": "Full cycle", "sample_count": 1, "median_return": -0.086873, "positive_rate": 0.0, "directional_follow_through": 0.0, "median_excess_return": -0.079715, "regime_survival": 0.0, "best_return": -0.086873, "worst_return": -0.086873, "sufficient": false } ], "ledger": [ { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2024-09-27", "end": "2024-10-18", "tenure": "New", "return": 0.046771, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2024-10-25", "end": "2024-11-01", "tenure": "New", "return": 0.018036, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-11-08", "end": "2024-11-29", "tenure": "New", "return": -0.035865, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2024-12-06", "end": "2025-01-24", "tenure": "Developing", "return": 0.080899, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-01-31", "end": "2025-02-14", "tenure": "New", "return": -0.058704, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-02-21", "end": "2025-02-28", "tenure": "New", "return": -0.004167, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-03-07", "end": "2025-03-21", "tenure": "New", "return": 0.093617, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-03-28", "end": "2025-08-22", "tenure": "Established", "return": 0.482626, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-08-29", "end": "2025-10-10", "tenure": "Developing", "return": -0.145478, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-10-17", "end": "2025-11-07", "tenure": "New", "return": -0.109907, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-11-14", "end": "2026-04-17", "tenure": "Established", "return": 0.056121, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-04-24", "end": "2026-05-08", "tenure": "New", "return": 0.051711, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2026-05-15", "end": "2026-06-05", "tenure": "New", "return": 0.090716, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-06-12", "end": "2026-08-07", "tenure": "Developing", "return": 0.205706, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 15.1, "volume": 195455, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-08-25", "close": 15.34, "volume": 174658, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-09-01", "close": 15.52, "volume": 210753, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-09-08", "close": 15.66, "volume": 222229, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-09-15", "close": 14.6, "volume": 961068, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-09-22", "close": 14.9, "volume": 162585, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-09-29", "close": 14.34, "volume": 148349, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-10-06", "close": 13.94, "volume": 198723, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-10-13", "close": 13.78, "volume": 120083, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-10-20", "close": 13.84, "volume": 138029, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-10-27", "close": 12.36, "volume": 259081, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-11-03", "close": 13.6, "volume": 219534, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-11-10", "close": 13.78, "volume": 311715, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-11-17", "close": 14.02, "volume": 320676, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-11-24", "close": 14.1, "volume": 249791, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-12-01", "close": 14.34, "volume": 314429, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-12-08", "close": 13.98, "volume": 307509, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-12-15", "close": 14.8, "volume": 681594, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-12-22", "close": 17.059999, "volume": 947668, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-12-29", "close": 17.459999, "volume": 121601, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-01-05", "close": 16.700001, "volume": 207277, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-01-12", "close": 17.1, "volume": 305558, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-01-19", "close": 18.48, "volume": 631191, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-01-26", "close": 19.76, "volume": 496916, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-02-02", "close": 20.200001, "volume": 387319, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-02-09", "close": 20.950001, "volume": 552439, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-02-16", "close": 21.200001, "volume": 385227, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-02-23", "close": 20.950001, "volume": 245267, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-03-01", "close": 21.4, "volume": 345599, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-03-08", "close": 20.049999, "volume": 338086, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-03-15", "close": 20.299999, "volume": 358061, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-03-22", "close": 19.860001, "volume": 419663, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-03-29", "close": 21.299999, "volume": 319221, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-04-05", "close": 24.049999, "volume": 737540, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-04-12", "close": 23.75, "volume": 344988, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-04-19", "close": 22.950001, "volume": 262563, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-04-26", "close": 23.950001, "volume": 273795, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-05-03", "close": 24.4, "volume": 264790, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-05-10", "close": 24.799999, "volume": 573709, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-05-17", "close": 25.4, "volume": 291650, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-05-24", "close": 26.450001, "volume": 354178, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-05-31", "close": 24.799999, "volume": 543734, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-06-07", "close": 26.6, "volume": 405592, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-06-14", "close": 25.0, "volume": 342457, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-06-21", "close": 26.0, "volume": 490785, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-06-28", "close": 25.4, "volume": 283865, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-07-05", "close": 27.15, "volume": 375835, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-07-12", "close": 27.200001, "volume": 789844, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-07-19", "close": 25.65, "volume": 642050, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-07-26", "close": 24.299999, "volume": 261486, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-08-02", "close": 23.85, "volume": 283414, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-08-09", "close": 24.15, "volume": 367817, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-08-16", "close": 27.0, "volume": 271316, "typical_volume": 408070.4, "trend": 23.627333, "fair_value": 17.98375, "relative_strength": 27.701089, "stage": 2, "regime": "balance", "modifier": "Neutral compression", "gate": "up", "direction": 40.215206, "energy": 20.974268, "activity_lines": [ 25.16, 25.453636, 25.440714, 24.745161 ] }, { "date": "2024-08-23", "close": 25.5, "volume": 245136, "typical_volume": 383450.2, "trend": 23.818667, "fair_value": 18.076543, "relative_strength": 17.835157, "stage": 2, "regime": "balance", "modifier": "Neutral compression", "gate": "up", "direction": 18.438011, "energy": 9.177387, "activity_lines": [ 25.33, 25.440909, 25.474762, 24.865978 ] }, { "date": "2024-08-30", "close": 25.950001, "volume": 118788, "typical_volume": 372140.2, "trend": 24.010333, "fair_value": 18.172561, "relative_strength": 17.414384, "stage": 2, "regime": "balance", "modifier": "Neutral compression", "gate": "up", "direction": 35.332238, "energy": 20.35885, "activity_lines": [ 25.66, 25.500909, 25.544762, 25.003484 ] }, { "date": "2024-09-06", "close": 24.049999, "volume": 157048, "typical_volume": 366864.45, "trend": 24.113667, "fair_value": 18.243374, "relative_strength": 11.827637, "stage": 2, "regime": "balance", "modifier": "Neutral compression", "gate": "up", "direction": 19.165913, "energy": 13.544793, "activity_lines": [ 25.246667, 25.216364, 25.423333, 25.006043 ] }, { "date": "2024-09-13", "close": 23.6, "volume": 194258, "typical_volume": 362887.6, "trend": 24.193667, "fair_value": 18.307143, "relative_strength": 6.80223, "stage": 2, "regime": "balance", "modifier": "Neutral compression", "gate": "up", "direction": 1.224821, "energy": 6.728907, "activity_lines": [ 24.67, 24.874545, 25.253809, 24.972903 ] }, { "date": "2024-09-20", "close": 21.65, "volume": 1031434, "typical_volume": 401219.8, "trend": 24.217, "fair_value": 18.346471, "relative_strength": -2.445955, "stage": 3, "regime": "balance", "modifier": "Neutral compression", "gate": "mixed", "direction": -32.026548, "energy": 43.948129, "activity_lines": [ 23.48, 24.242727, 24.900238, 24.808796 ] }, { "date": "2024-09-27", "close": 22.450001, "volume": 414271, "typical_volume": 393247.9, "trend": 24.252, "fair_value": 18.394186, "relative_strength": -3.103135, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -34.193869, "energy": 52.682207, "activity_lines": [ 22.913334, 23.857273, 24.635952, 24.694796 ] }, { "date": "2024-10-04", "close": 22.299999, "volume": 206819, "typical_volume": 389006.35, "trend": 24.327, "fair_value": 18.43908, "relative_strength": -2.371166, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -35.713133, "energy": 58.510203, "activity_lines": [ 22.5, 23.502727, 24.368571, 24.56886 ] }, { "date": "2024-10-11", "close": 22.549999, "volume": 222091, "typical_volume": 382402.0, "trend": 24.402, "fair_value": 18.485795, "relative_strength": -2.966153, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -35.567893, "energy": 60.019592, "activity_lines": [ 22.413333, 23.23, 24.139762, 24.454215 ] }, { "date": "2024-10-18", "close": 23.5, "volume": 296878, "typical_volume": 370059.2, "trend": 24.523333, "fair_value": 18.542135, "relative_strength": -0.750933, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -57.60432, "energy": 51.465419, "activity_lines": [ 22.743333, 23.153636, 24.02, 24.396021 ] }, { "date": "2024-10-25", "close": 24.950001, "volume": 267455, "typical_volume": 363152.35, "trend": 24.645, "fair_value": 18.613333, "relative_strength": 5.679088, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -31.263354, "energy": 19.786171, "activity_lines": [ 23.563333, 23.352727, 24.044524, 24.423548 ] }, { "date": "2024-11-01", "close": 25.4, "volume": 235411, "typical_volume": 357800.05, "trend": 24.69, "fair_value": 18.687912, "relative_strength": 8.024998, "stage": 2, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -13.492824, "energy": 16.808028, "activity_lines": [ 24.313333, 23.670909, 24.119762, 24.472258 ] }, { "date": "2024-11-08", "close": 23.700001, "volume": 211783, "typical_volume": 343849.95, "trend": 24.688333, "fair_value": 18.742391, "relative_strength": 0.481759, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -23.399296, "energy": 22.967187, "activity_lines": [ 24.3, 23.681818, 24.031191, 24.408387 ] }, { "date": "2024-11-15", "close": 23.0, "volume": 398736, "typical_volume": 349593.5, "trend": 24.69, "fair_value": 18.788172, "relative_strength": -2.943686, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -35.533391, "energy": 23.751105, "activity_lines": [ 23.96, 23.606364, 23.886905, 24.299462 ] }, { "date": "2024-11-22", "close": 22.9, "volume": 432134, "typical_volume": 352408.45, "trend": 24.655, "fair_value": 18.831915, "relative_strength": -4.380114, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -42.955372, "energy": 20.865494, "activity_lines": [ 23.556667, 23.531818, 23.744524, 24.183979 ] }, { "date": "2024-11-29", "close": 22.85, "volume": 552186, "typical_volume": 340525.55, "trend": 24.603333, "fair_value": 18.874211, "relative_strength": -6.486429, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -53.49438, "energy": 38.003582, "activity_lines": [ 23.176667, 23.460909, 23.617619, 24.067527 ] }, { "date": "2024-12-06", "close": 22.25, "volume": 1115121, "typical_volume": 364179.1, "trend": 24.518333, "fair_value": 18.909375, "relative_strength": -12.675745, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.869461, "energy": 53.923565, "activity_lines": [ 22.736667, 23.259091, 23.454286, 23.915699 ] }, { "date": "2024-12-13", "close": 22.299999, "volume": 391248, "typical_volume": 370667.2, "trend": 24.415, "fair_value": 18.94433, "relative_strength": -12.851562, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.23767, "energy": 56.750296, "activity_lines": [ 22.523333, 23.07, 23.311905, 23.772581 ] }, { "date": "2024-12-20", "close": 21.0, "volume": 1137539, "typical_volume": 413373.45, "trend": 24.233333, "fair_value": 18.965306, "relative_strength": -15.826057, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -77.53506, "energy": 72.034093, "activity_lines": [ 21.97, 22.644545, 23.055238, 23.552258 ] }, { "date": "2024-12-27", "close": 22.049999, "volume": 176784, "typical_volume": 403821.8, "trend": 24.141667, "fair_value": 18.996465, "relative_strength": -12.139977, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.890269, "energy": 63.554443, "activity_lines": [ 21.899999, 22.438182, 22.912143, 23.411398 ] }, { "date": "2025-01-03", "close": 22.15, "volume": 250865, "typical_volume": 402799.25, "trend": 23.993333, "fair_value": 19.028, "relative_strength": -11.538684, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -58.28164, "energy": 51.702068, "activity_lines": [ 21.92, 22.276363, 22.788571, 23.282903 ] }, { "date": "2025-01-10", "close": 21.75, "volume": 402029, "typical_volume": 410643.9, "trend": 23.885, "fair_value": 19.05495, "relative_strength": -14.531019, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -59.60392, "energy": 45.855213, "activity_lines": [ 21.853333, 22.092727, 22.65, 23.138172 ] }, { "date": "2025-01-17", "close": 22.4, "volume": 413376, "typical_volume": 425373.3, "trend": 23.765, "fair_value": 19.087745, "relative_strength": -14.818311, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -51.982926, "energy": 32.036205, "activity_lines": [ 22.036667, 22.093636, 22.59119, 23.042366 ] }, { "date": "2025-01-24", "close": 24.049999, "volume": 461894, "typical_volume": 440615.6, "trend": 23.72, "fair_value": 19.135922, "relative_strength": -10.589035, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -16.489777, "energy": 10.984997, "activity_lines": [ 22.763333, 22.418181, 22.706428, 23.060753 ] }, { "date": "2025-01-31", "close": 24.700001, "volume": 545853, "typical_volume": 458195.35, "trend": 23.638333, "fair_value": 19.189423, "relative_strength": -9.517543, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -2.747241, "energy": 14.195583, "activity_lines": [ 23.503333, 22.841818, 22.883571, 23.123978 ] }, { "date": "2025-02-07", "close": 23.75, "volume": 333842, "typical_volume": 423315.75, "trend": 23.523333, "fair_value": 19.232857, "relative_strength": -13.020516, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 12.141556, "energy": 22.739562, "activity_lines": [ 23.75, 23.06, 22.965, 23.131183 ] }, { "date": "2025-02-14", "close": 23.25, "volume": 569918, "typical_volume": 431098.1, "trend": 23.443333, "fair_value": 19.270755, "relative_strength": -17.33805, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 13.39213, "energy": 24.266316, "activity_lines": [ 23.723333, 23.170909, 22.988809, 23.113548 ] }, { "date": "2025-02-21", "close": 24.0, "volume": 558975, "typical_volume": 448705.9, "trend": 23.433333, "fair_value": 19.314953, "relative_strength": -13.639526, "stage": 4, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 18.703102, "energy": 28.727179, "activity_lines": [ 23.846667, 23.4, 23.080238, 23.149462 ] }, { "date": "2025-02-28", "close": 23.9, "volume": 886751, "typical_volume": 481938.9, "trend": 23.435, "fair_value": 19.357407, "relative_strength": -14.812702, "stage": 4, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 16.688953, "energy": 20.714124, "activity_lines": [ 23.83, 23.58, 23.154048, 23.17957 ] }, { "date": "2025-03-07", "close": 23.5, "volume": 1346046, "typical_volume": 534397.3, "trend": 23.413333, "fair_value": 19.395413, "relative_strength": -17.77157, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 11.515655, "energy": 11.102141, "activity_lines": [ 23.69, 23.634545, 23.183333, 23.183763 ] }, { "date": "2025-03-14", "close": 23.6, "volume": 992184, "typical_volume": 570633.75, "trend": 23.3, "fair_value": 19.433636, "relative_strength": -17.207496, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 9.7882, "energy": 10.083148, "activity_lines": [ 23.663333, 23.680909, 23.222143, 23.195806 ] }, { "date": "2025-03-21", "close": 25.700001, "volume": 1771230, "typical_volume": 647424.7, "trend": 23.306667, "fair_value": 19.49009, "relative_strength": -9.51031, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 70.032481, "energy": 41.943116, "activity_lines": [ 24.346667, 24.082727, 23.467381, 23.350645 ] }, { "date": "2025-03-28", "close": 25.9, "volume": 2191040, "typical_volume": 746387.55, "trend": 23.305, "fair_value": 19.547321, "relative_strength": -7.061483, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 68.381224, "energy": 53.979631, "activity_lines": [ 24.933334, 24.449091, 23.730238, 23.517957 ] }, { "date": "2025-04-04", "close": 26.85, "volume": 2365836, "typical_volume": 844742.55, "trend": 23.398333, "fair_value": 19.611947, "relative_strength": 4.87811, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 72.683312, "energy": 68.29389, "activity_lines": [ 25.71, 24.924546, 24.073095, 23.746667 ] }, { "date": "2025-04-11", "close": 27.65, "volume": 1779129, "typical_volume": 912092.3, "trend": 23.533333, "fair_value": 19.682456, "relative_strength": 9.366441, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 73.248093, "energy": 73.965062, "activity_lines": [ 26.556667, 25.494546, 24.47381, 24.020968 ] }, { "date": "2025-04-18", "close": 28.200001, "volume": 638577, "typical_volume": 916411.85, "trend": 23.751667, "fair_value": 19.756522, "relative_strength": 7.107227, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 74.2893, "energy": 77.361024, "activity_lines": [ 27.31, 26.110909, 24.904286, 24.322043 ] }, { "date": "2025-04-25", "close": 29.299999, "volume": 582601, "typical_volume": 889785.85, "trend": 23.98, "fair_value": 19.838793, "relative_strength": 6.10121, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 80.729814, "energy": 84.595599, "activity_lines": [ 28.123333, 26.846364, 25.414048, 24.68 ] }, { "date": "2025-05-02", "close": 31.200001, "volume": 631940, "typical_volume": 901820.45, "trend": 24.276667, "fair_value": 19.935897, "relative_strength": 8.8569, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 86.943835, "energy": 90.380497, "activity_lines": [ 29.33, 27.817273, 26.071191, 25.145807 ] }, { "date": "2025-05-09", "close": 32.849998, "volume": 833157, "typical_volume": 886601.35, "trend": 24.62, "fair_value": 20.045339, "relative_strength": 12.467126, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 88.904878, "energy": 94.181018, "activity_lines": [ 30.733333, 28.957273, 26.843095, 25.698925 ] }, { "date": "2025-05-16", "close": 35.349998, "volume": 2015167, "typical_volume": 978520.5, "trend": 25.015, "fair_value": 20.17395, "relative_strength": 19.422009, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 91.724515, "energy": 95.802148, "activity_lines": [ 32.569999, 30.38909, 27.796666, 26.391183 ] }, { "date": "2025-05-23", "close": 37.450001, "volume": 957111, "typical_volume": 1013832.8, "trend": 25.431667, "fair_value": 20.317917, "relative_strength": 26.921422, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 92.124338, "energy": 96.576017, "activity_lines": [ 34.593333, 31.987272, 28.886905, 27.193441 ] }, { "date": "2025-05-30", "close": 40.75, "volume": 1206525, "typical_volume": 1054057.6, "trend": 25.943333, "fair_value": 20.486777, "relative_strength": 35.243738, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 94.442415, "energy": 97.658954, "activity_lines": [ 37.1, 33.933636, 30.218571, 28.18172 ] }, { "date": "2025-06-06", "close": 41.650002, "volume": 1049432, "typical_volume": 1085860.4, "trend": 26.541667, "fair_value": 20.660246, "relative_strength": 35.901388, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 90.060761, "energy": 96.318163, "activity_lines": [ 39.143334, 35.77, 31.545476, 29.195054 ] }, { "date": "2025-06-13", "close": 41.549999, "volume": 1047424, "typical_volume": 1115136.9, "trend": 27.16, "fair_value": 20.830081, "relative_strength": 39.315961, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 79.524588, "energy": 92.398628, "activity_lines": [ 40.456667, 37.301818, 32.77119, 30.163333 ] }, { "date": "2025-06-20", "close": 40.599998, "volume": 2149926, "typical_volume": 1195340.55, "trend": 27.75, "fair_value": 20.989516, "relative_strength": 36.46071, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.469598, "energy": 85.942551, "activity_lines": [ 40.873333, 38.393636, 33.823095, 31.03043 ] }, { "date": "2025-06-27", "close": 39.900002, "volume": 759671, "typical_volume": 1216632.0, "trend": 28.318333, "fair_value": 21.1408, "relative_strength": 29.775001, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.870484, "energy": 67.51194, "activity_lines": [ 40.706667, 39.122727, 34.732619, 31.814301 ] }, { "date": "2025-07-04", "close": 38.599998, "volume": 929949, "typical_volume": 1234633.55, "trend": 28.863333, "fair_value": 21.279365, "relative_strength": 26.552457, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.440997, "energy": 64.494701, "activity_lines": [ 39.943333, 39.402727, 35.441428, 32.477634 ] }, { "date": "2025-07-11", "close": 40.450001, "volume": 756968, "typical_volume": 1244533.2, "trend": 29.468333, "fair_value": 21.430315, "relative_strength": 29.638083, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.150398, "energy": 63.345238, "activity_lines": [ 39.94, 39.85, 36.253333, 33.225161 ] }, { "date": "2025-07-18", "close": 40.849998, "volume": 549440, "typical_volume": 1227667.65, "trend": 30.13, "fair_value": 21.582031, "relative_strength": 30.209595, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 59.243607, "energy": 58.169744, "activity_lines": [ 40.149999, 40.201818, 37.025, 33.959462 ] }, { "date": "2025-07-25", "close": 40.75, "volume": 529086, "typical_volume": 1186819.65, "trend": 30.753333, "fair_value": 21.73062, "relative_strength": 29.576224, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 55.852971, "energy": 55.604658, "activity_lines": [ 40.373333, 40.39, 37.706428, 34.644623 ] }, { "date": "2025-08-01", "close": 40.650002, "volume": 622617, "typical_volume": 1168341.3, "trend": 31.37, "fair_value": 21.876154, "relative_strength": 32.868478, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.165455, "energy": 58.644675, "activity_lines": [ 40.553334, 40.461818, 38.29619, 35.283118 ] }, { "date": "2025-08-08", "close": 40.900002, "volume": 760549, "typical_volume": 1117807.25, "trend": 32.008333, "fair_value": 22.021374, "relative_strength": 28.981828, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.14015, "energy": 53.702574, "activity_lines": [ 40.766668, 40.520909, 38.828572, 35.897957 ] }, { "date": "2025-08-15", "close": 39.200001, "volume": 934779, "typical_volume": 1054994.2, "trend": 32.568333, "fair_value": 22.151515, "relative_strength": 22.380563, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 50.701118, "energy": 41.541549, "activity_lines": [ 40.260001, 40.268182, 39.126667, 36.361936 ] }, { "date": "2025-08-22", "close": 38.400002, "volume": 515398, "typical_volume": 962472.3, "trend": 33.046667, "fair_value": 22.273684, "relative_strength": 19.501502, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 44.709637, "energy": 32.064429, "activity_lines": [ 39.570002, 39.914546, 39.285238, 36.738172 ] }, { "date": "2025-08-29", "close": 38.150002, "volume": 559035, "typical_volume": 901467.6, "trend": 33.495, "fair_value": 22.392164, "relative_strength": 20.619511, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 38.143754, "energy": 22.790409, "activity_lines": [ 38.960002, 39.572728, 39.365001, 37.06742 ] }, { "date": "2025-09-05", "close": 36.5, "volume": 689336, "typical_volume": 904005.55, "trend": 33.92, "fair_value": 22.496667, "relative_strength": 16.50137, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 10.638288, "energy": 17.366278, "activity_lines": [ 37.973335, 38.975456, 39.23762, 37.261291 ] }, { "date": "2025-09-12", "close": 38.849998, "volume": 583534, "typical_volume": 904052.2, "trend": 34.44, "fair_value": 22.616912, "relative_strength": 22.801673, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 15.125234, "energy": 17.312048, "activity_lines": [ 38.046667, 38.867273, 39.294524, 37.579355 ] }, { "date": "2025-09-19", "close": 41.849998, "volume": 824960, "typical_volume": 913703.2, "trend": 35.035, "fair_value": 22.757299, "relative_strength": 31.450784, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 39.409607, "energy": 20.67993, "activity_lines": [ 39.256666, 39.3, 39.591667, 38.057419 ] }, { "date": "2025-09-26", "close": 38.799999, "volume": 552128, "typical_volume": 899651.75, "trend": 35.531667, "fair_value": 22.873551, "relative_strength": 20.528268, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 30.563749, "energy": 18.17916, "activity_lines": [ 39.273332, 39.152727, 39.547619, 38.300323 ] }, { "date": "2025-10-03", "close": 34.200001, "volume": 1460545, "typical_volume": 871920.65, "trend": 35.888333, "fair_value": 22.955036, "relative_strength": 3.106787, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -9.621049, "energy": 7.838543, "activity_lines": [ 37.729999, 38.206364, 39.037143, 38.214409 ] }, { "date": "2025-10-10", "close": 32.599998, "volume": 1275163, "typical_volume": 887823.25, "trend": 36.188333, "fair_value": 23.023929, "relative_strength": -1.412133, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -37.545931, "energy": 37.36843, "activity_lines": [ 35.916666, 37.088181, 38.379762, 38.002258 ] }, { "date": "2025-10-17", "close": 32.299999, "volume": 824502, "typical_volume": 868722.1, "trend": 36.408333, "fair_value": 23.089716, "relative_strength": -0.860392, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -46.850288, "energy": 63.430681, "activity_lines": [ 34.263332, 36.061817, 37.716905, 37.751398 ] }, { "date": "2025-10-24", "close": 32.75, "volume": 1127696, "typical_volume": 872635.3, "trend": 36.636667, "fair_value": 23.157746, "relative_strength": -1.270962, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -39.081781, "energy": 67.312615, "activity_lines": [ 33.196666, 35.273636, 37.137143, 37.515376 ] }, { "date": "2025-10-31", "close": 30.75, "volume": 866873, "typical_volume": 863607.75, "trend": 36.766667, "fair_value": 23.210839, "relative_strength": -6.163662, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -48.813526, "energy": 73.070263, "activity_lines": [ 32.07, 34.23909, 36.409286, 37.135591 ] }, { "date": "2025-11-07", "close": 28.75, "volume": 921974, "typical_volume": 802210.15, "trend": 36.803333, "fair_value": 23.249306, "relative_strength": -10.804277, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -83.752989, "energy": 89.176775, "activity_lines": [ 30.813333, 32.979999, 35.542381, 36.618387 ] }, { "date": "2025-11-14", "close": 26.549999, "volume": 2857326, "typical_volume": 907092.9, "trend": 36.748333, "fair_value": 23.272069, "relative_strength": -18.589756, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -87.133228, "energy": 92.886801, "activity_lines": [ 29.186666, 31.491818, 34.522381, 35.956882 ] }, { "date": "2025-11-21", "close": 26.75, "volume": 1624557, "typical_volume": 941823.3, "trend": 36.663333, "fair_value": 23.29589, "relative_strength": -15.157339, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -79.231386, "energy": 90.667103, "activity_lines": [ 28.03, 30.220909, 33.585, 35.311828 ] }, { "date": "2025-11-28", "close": 27.85, "volume": 1095727, "typical_volume": 958761.25, "trend": 36.551667, "fair_value": 23.326871, "relative_strength": -14.433879, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.492836, "energy": 85.541788, "activity_lines": [ 27.61, 29.37, 32.808809, 34.743226 ] }, { "date": "2025-12-05", "close": 26.049999, "volume": 1537541, "typical_volume": 1008166.3, "trend": 36.325, "fair_value": 23.34527, "relative_strength": -20.593329, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -74.686383, "energy": 84.783561, "activity_lines": [ 26.916666, 28.446363, 31.92119, 34.065699 ] }, { "date": "2025-12-12", "close": 26.1, "volume": 1372929, "typical_volume": 1050358.45, "trend": 36.016667, "fair_value": 23.363758, "relative_strength": -20.946528, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -71.081522, "energy": 76.136437, "activity_lines": [ 26.553333, 27.763636, 31.108809, 33.406021 ] }, { "date": "2025-12-19", "close": 26.5, "volume": 1859438, "typical_volume": 1112199.5, "trend": 35.651667, "fair_value": 23.384667, "relative_strength": -20.111118, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.12876, "energy": 63.693325, "activity_lines": [ 26.5, 27.300909, 30.404285, 32.792043 ] }, { "date": "2025-12-26", "close": 26.700001, "volume": 327717, "typical_volume": 1090557.9, "trend": 35.183333, "fair_value": 23.406623, "relative_strength": -19.67177, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.693006, "energy": 62.989531, "activity_lines": [ 26.516667, 26.985455, 29.78619, 32.214516 ] }, { "date": "2026-01-02", "close": 26.700001, "volume": 548706, "typical_volume": 1071254.25, "trend": 34.685, "fair_value": 23.428289, "relative_strength": -20.296403, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.258396, "energy": 69.244651, "activity_lines": [ 26.536667, 26.771818, 29.235714, 31.667204 ] }, { "date": "2026-01-09", "close": 27.799999, "volume": 998261, "typical_volume": 1095397.4, "trend": 34.226667, "fair_value": 23.456863, "relative_strength": -19.413434, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -51.170291, "energy": 54.348462, "activity_lines": [ 27.0, 26.868182, 28.849524, 31.223011 ] }, { "date": "2026-01-16", "close": 27.299999, "volume": 1517927, "typical_volume": 1143342.0, "trend": 33.783333, "fair_value": 23.481818, "relative_strength": -20.982289, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -47.694395, "energy": 47.287353, "activity_lines": [ 27.18, 26.927273, 28.46619, 30.776129 ] }, { "date": "2026-01-23", "close": 27.9, "volume": 1743021, "typical_volume": 1196026.25, "trend": 33.383333, "fair_value": 23.510323, "relative_strength": -17.955807, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -43.306367, "energy": 38.659141, "activity_lines": [ 27.48, 27.121818, 28.191666, 30.396559 ] }, { "date": "2026-01-30", "close": 27.25, "volume": 1590326, "typical_volume": 1246365.85, "trend": 33.005, "fair_value": 23.534295, "relative_strength": -18.655547, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -40.996515, "energy": 33.154028, "activity_lines": [ 27.47, 27.173636, 27.89619, 30.00086 ] }, { "date": "2026-02-06", "close": 25.549999, "volume": 1836884, "typical_volume": 1296962.05, "trend": 32.508333, "fair_value": 23.592436, "relative_strength": -24.233363, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -68.534467, "energy": 47.240157, "activity_lines": [ 26.856666, 26.907272, 27.494047, 29.519892 ] }, { "date": "2026-02-13", "close": 22.85, "volume": 2947929, "typical_volume": 1416752.1, "trend": 31.908333, "fair_value": 23.634038, "relative_strength": -32.6563, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -84.372202, "energy": 64.665001, "activity_lines": [ 25.42, 26.191818, 26.912381, 28.896774 ] }, { "date": "2026-02-20", "close": 23.6, "volume": 1465397, "typical_volume": 1416994.7, "trend": 31.336667, "fair_value": 23.680833, "relative_strength": -31.259666, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -75.172979, "energy": 78.86161, "activity_lines": [ 24.563333, 25.670909, 26.478095, 28.360752 ] }, { "date": "2026-02-27", "close": 23.15, "volume": 2208894, "typical_volume": 1463681.25, "trend": 30.753333, "fair_value": 23.727949, "relative_strength": -32.495508, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -72.987608, "energy": 83.545431, "activity_lines": [ 23.803333, 25.113636, 26.051428, 27.83258 ] }, { "date": "2026-03-06", "close": 23.6, "volume": 1227768, "typical_volume": 1483844.55, "trend": 30.176666, "fair_value": 23.776538, "relative_strength": -26.222127, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.930766, "energy": 79.183427, "activity_lines": [ 23.51, 24.699091, 25.712619, 27.371075 ] }, { "date": "2026-03-13", "close": 22.65, "volume": 1123100, "typical_volume": 1483614.75, "trend": 29.625, "fair_value": 23.8275, "relative_strength": -28.696558, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -71.384385, "energy": 62.212548, "activity_lines": [ 23.143333, 24.168182, 25.324762, 26.885484 ] }, { "date": "2026-03-20", "close": 24.4, "volume": 1703496, "typical_volume": 1525445.9, "trend": 29.158333, "fair_value": 23.896987, "relative_strength": -19.487937, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.335815, "energy": 50.796091, "activity_lines": [ 23.553333, 24.029091, 25.151667, 26.548387 ] }, { "date": "2026-03-27", "close": 23.65, "volume": 1904971, "typical_volume": 1574595.75, "trend": 28.675, "fair_value": 23.95359, "relative_strength": -21.581607, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -57.104335, "energy": 42.795219, "activity_lines": [ 23.61, 23.815454, 24.937381, 26.193011 ] }, { "date": "2026-04-03", "close": 25.25, "volume": 905116, "typical_volume": 1476985.25, "trend": 28.3, "fair_value": 24.02609, "relative_strength": -19.168241, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -41.796183, "energy": 29.06044, "activity_lines": [ 24.196667, 23.959091, 24.899762, 25.972043 ] }, { "date": "2026-04-10", "close": 23.68, "volume": 1132605, "typical_volume": 1452387.65, "trend": 27.794333, "fair_value": 24.088269, "relative_strength": -25.835935, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -41.227304, "energy": 24.636629, "activity_lines": [ 24.12, 23.865455, 24.718809, 25.673978 ] }, { "date": "2026-04-17", "close": 28.040001, "volume": 2098973, "typical_volume": 1502549.95, "trend": 27.334, "fair_value": 24.180064, "relative_strength": -15.137363, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -9.694878, "energy": 11.146324, "activity_lines": [ 25.491334, 24.629455, 24.967714, 25.689828 ] }, { "date": "2026-04-24", "close": 26.299999, "volume": 1409488, "typical_volume": 1496147.3, "trend": 26.917333, "fair_value": 24.261987, "relative_strength": -18.245189, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -17.092499, "energy": 17.560981, "activity_lines": [ 25.923333, 25.031818, 25.05, 25.623118 ] }, { "date": "2026-05-01", "close": 26.1, "volume": 1173812, "typical_volume": 1486191.45, "trend": 26.647333, "fair_value": 24.34109, "relative_strength": -19.089327, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -9.303236, "energy": 16.217386, "activity_lines": [ 26.162, 25.335091, 25.112048, 25.570387 ] }, { "date": "2026-05-08", "close": 27.66, "volume": 1649512, "typical_volume": 1475695.15, "trend": 26.482667, "fair_value": 24.428654, "relative_strength": -14.09095, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 23.679673, "energy": 27.397105, "activity_lines": [ 26.757333, 25.876545, 25.322667, 25.63572 ] }, { "date": "2026-05-15", "close": 28.219999, "volume": 2441999, "typical_volume": 1581409.25, "trend": 26.346667, "fair_value": 24.520064, "relative_strength": -10.529534, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 25.857849, "energy": 39.715088, "activity_lines": [ 27.378666, 26.437818, 25.581095, 25.747806 ] }, { "date": "2026-05-22", "close": 28.280001, "volume": 965449, "typical_volume": 1602246.4, "trend": 26.197667, "fair_value": 24.614167, "relative_strength": -13.14944, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 26.919689, "energy": 42.509111, "activity_lines": [ 27.717333, 26.926, 25.838, 25.872538 ] }, { "date": "2026-05-29", "close": 28.139999, "volume": 1170621, "typical_volume": 1610864.4, "trend": 26.110667, "fair_value": 24.708782, "relative_strength": -13.590325, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 33.360932, "energy": 46.16271, "activity_lines": [ 27.993333, 27.286363, 26.074047, 25.997849 ] }, { "date": "2026-06-05", "close": 30.780001, "volume": 320036, "typical_volume": 1550969.85, "trend": 26.178333, "fair_value": 24.824679, "relative_strength": -3.491007, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 76.440039, "energy": 67.734213, "activity_lines": [ 29.026667, 28.058727, 26.559905, 26.299097 ] }, { "date": "2026-06-12", "close": 26.639999, "volume": 220732, "typical_volume": 1474855.4, "trend": 26.181333, "fair_value": 24.905705, "relative_strength": -15.184193, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 56.791977, "energy": 36.946906, "activity_lines": [ 28.368, 27.948727, 26.634905, 26.328882 ] }, { "date": "2026-06-19", "close": 27.0, "volume": 475583, "typical_volume": 1419118.25, "trend": 26.189667, "fair_value": 24.99609, "relative_strength": -14.394211, "stage": 4, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 52.734872, "energy": 30.645687, "activity_lines": [ 27.897333, 27.878909, 26.75019, 26.381699 ] }, { "date": "2026-06-26", "close": 26.559999, "volume": 283215, "typical_volume": 1341434.8, "trend": 26.146667, "fair_value": 25.082885, "relative_strength": -13.950328, "stage": 4, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 38.259075, "energy": 20.435815, "activity_lines": [ 27.361333, 27.668727, 26.824762, 26.405591 ] }, { "date": "2026-07-03", "close": 28.639999, "volume": 96825, "typical_volume": 1198879.6, "trend": 26.233, "fair_value": 25.185705, "relative_strength": -10.495849, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 43.185582, "energy": 21.923902, "activity_lines": [ 27.633333, 27.863636, 27.092619, 26.566451 ] }, { "date": "2026-07-10", "close": 28.620001, "volume": 826388, "typical_volume": 1166929.15, "trend": 26.317, "fair_value": 25.280449, "relative_strength": -7.261403, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 43.910594, "energy": 21.880998, "activity_lines": [ 27.865333, 28.012363, 27.331, 26.720451 ] }, { "date": "2026-07-17", "close": 30.200001, "volume": 803526, "typical_volume": 1096660.75, "trend": 26.440333, "fair_value": 25.38532, "relative_strength": -0.487463, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.941713, "energy": 48.080841, "activity_lines": [ 28.768, 28.402545, 27.695952, 26.970968 ] }, { "date": "2026-07-24", "close": 30.940001, "volume": 608942, "typical_volume": 1065719.45, "trend": 26.581667, "fair_value": 25.492628, "relative_strength": 1.581423, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 71.777663, "energy": 67.410255, "activity_lines": [ 29.680001, 28.881091, 28.09781, 27.261269 ] }, { "date": "2026-07-31", "close": 31.42, "volume": 1085571, "typical_volume": 1063843.0, "trend": 26.739, "fair_value": 25.597885, "relative_strength": 1.84513, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 70.867907, "energy": 71.012132, "activity_lines": [ 30.489334, 29.397455, 28.510429, 27.573419 ] }, { "date": "2026-08-07", "close": 32.119999, "volume": 1101399, "typical_volume": 1033738.15, "trend": 26.883, "fair_value": 25.707115, "relative_strength": 2.15458, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 73.42903, "energy": 75.66329, "activity_lines": [ 31.208, 29.984, 28.947952, 27.920581 ] } ], "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." } } }