{ "ticker": { "uuid": "1b146be5-8f7a-415a-a2c1-e637d1249f39", "symbol": "3419", "name": "Wha Yu Industrial 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": "4a", "phase_label": "Stage 4A \u00b7 Breakdown", "transition": "stage_4_declining", "transition_label": "Stage 4 decline intact", "confidence": 81.393, "architecture_regime": "downward_expansion", "architecture_regime_label": "Downward Expansion", "architecture_modifier": "Early contraction", "architecture_gate": "down", "architecture_direction": -66.654, "architecture_energy": 83.307, "architecture_maturity": 22.692, "architecture_confidence": 83.951, "architecture_tenure": "Developing", "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": 6.98, "rotation_up": 10.02, "upward_expansion": 20.73, "deceleration": 37.05, "rotation_down": 77.03, "downward_expansion": 96.4 }, "activity_lines": [ 12.076667, 12.605455, 13.327143, 13.852581 ], "activity_state": "Wide", "activity_direction": "Expanding", "rotation_direction": "Weakening", "price_acceptance": -0.833333 }, "latest_close": 12.1, "trend_reference": 14.381667, "distance_from_trend": -0.158651, "trend_direction": "Weakening", "fair_value": 15.981731, "distance_from_fair_value": -0.242886, "fair_value_direction": "Weakening", "relative_strength": -38.309017, "relative_strength_direction": "Weakening", "price_momentum": -0.174061, "excess_performance": -0.615433, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.158651, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.001158, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.242886, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -0.087051, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.38309, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.060211, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.174061, "read": "Negative" }, { "label": "Volume balance", "positive": true, "value": 1.53854, "read": "Demand-led" } ], "volume": { "latest": 541403, "relative_activity": 0.278657, "balance": 1.53854, "dry_up": 0.383892, "accumulation_observations": 2, "distribution_observations": 0 }, "risk": { "range_context": 0.073427, "annualized_volatility": 0.310867, "from_high_reference": -0.325905, "from_low_reference": 0.070796 }, "levels": { "trend_reference": 14.381667, "fair_value_reference": 15.981731, "structural_low": 11.3, "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": 26, "median_return": 0.003264, "positive_rate": 0.538462, "directional_follow_through": 0.461538, "median_excess_return": -0.011792, "regime_survival": 0.807692, "best_return": 0.540123, "worst_return": -0.122951, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 9, "median_return": 0.041899, "positive_rate": 0.555556, "directional_follow_through": 0.444444, "median_excess_return": -0.063197, "regime_survival": 0.555556, "best_return": 0.382919, "worst_return": -0.12585, "sufficient": true }, { "horizon": "Extended", "sample_count": 6, "median_return": 0.066969, "positive_rate": 0.666667, "directional_follow_through": 0.333333, "median_excess_return": -0.067123, "regime_survival": 0.333333, "best_return": 0.37669, "worst_return": -0.13941, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 4, "median_return": 0.028685, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": -0.321634, "regime_survival": 0.25, "best_return": 0.261446, "worst_return": -0.075067, "sufficient": false } ], "ledger": [ { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2024-09-13", "end": "2024-10-04", "tenure": "New", "return": 0.021672, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-10-11", "end": "2024-10-18", "tenure": "New", "return": 0.002882, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-10-25", "end": "2024-11-22", "tenure": "Developing", "return": 0.046377, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2024-11-29", "end": "2024-12-20", "tenure": "New", "return": -0.080311, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-12-27", "end": "2025-03-28", "tenure": "Established", "return": -0.074713, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-04-04", "end": "2025-04-11", "tenure": "New", "return": -0.070968, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-04-18", "end": "2025-10-10", "tenure": "Established", "return": -0.044218, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-10-17", "end": "2025-11-07", "tenure": "New", "return": -0.046099, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-11-14", "end": "2026-01-16", "tenure": "Developing", "return": 0.102273, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-01-23", "end": "2026-04-17", "tenure": "Developing", "return": 0.0, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-04-24", "end": "2026-05-29", "tenure": "Developing", "return": -0.138037, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2026-06-05", "end": "2026-06-26", "tenure": "New", "return": -0.045775, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-07-03", "end": "2026-07-10", "tenure": "New", "return": -0.021429, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-07-17", "end": "2026-08-14", "tenure": "Developing", "return": -0.035857, "active": true } ], "chart_path": [ { "date": "2023-08-11", "close": 18.596756, "volume": 2611758, "typical_volume": 10731886.1, "trend": 19.279297, "fair_value": 18.422019, "relative_strength": -8.401262, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -23.334586, "energy": 30.625948, "activity_lines": [ 19.111135, 19.311671, 19.658251, 19.58467 ] }, { "date": "2023-08-18", "close": 18.003244, "volume": 2545101, "typical_volume": 10655087.5, "trend": 19.315568, "fair_value": 18.454392, "relative_strength": -10.022939, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -40.204423, "energy": 43.432842, "activity_lines": [ 18.722054, 19.040094, 19.495035, 19.502344 ] }, { "date": "2023-08-25", "close": 19.0, "volume": 3025298, "typical_volume": 10753530.9, "trend": 19.380117, "fair_value": 18.492232, "relative_strength": -5.399828, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -24.931393, "energy": 31.427741, "activity_lines": [ 18.764144, 18.996506, 19.431458, 19.481984 ] }, { "date": "2023-09-01", "close": 19.700001, "volume": 3219996, "typical_volume": 10679385.25, "trend": 19.444919, "fair_value": 18.532407, "relative_strength": -2.80573, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -15.912824, "energy": 21.215175, "activity_lines": [ 19.045658, 19.08545, 19.433335, 19.502622 ] }, { "date": "2023-09-08", "close": 18.9, "volume": 1389548, "typical_volume": 9891106.4, "trend": 19.486351, "fair_value": 18.568683, "relative_strength": -6.151489, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -48.093446, "energy": 26.066843, "activity_lines": [ 18.99355, 19.028664, 19.357771, 19.467466 ] }, { "date": "2023-09-15", "close": 19.799999, "volume": 5767401, "typical_volume": 9095104.35, "trend": 19.531405, "fair_value": 18.607653, "relative_strength": -3.598686, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -23.300847, "energy": 14.160011, "activity_lines": [ 19.313549, 19.152482, 19.36742, 19.487701 ] }, { "date": "2023-09-22", "close": 19.200001, "volume": 7154068, "typical_volume": 6176978.35, "trend": 19.523487, "fair_value": 18.63632, "relative_strength": -3.097159, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -27.102987, "energy": 15.247391, "activity_lines": [ 19.353334, 19.166015, 19.321968, 19.46632 ] }, { "date": "2023-09-29", "close": 18.9, "volume": 1836668, "typical_volume": 5610979.65, "trend": 19.497324, "fair_value": 18.674134, "relative_strength": -4.548041, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -33.776182, "energy": 14.063656, "activity_lines": [ 19.213333, 19.130221, 19.259674, 19.426095 ] }, { "date": "2023-10-06", "close": 18.700001, "volume": 2097366, "typical_volume": 5465932.4, "trend": 19.469442, "fair_value": 18.710666, "relative_strength": -6.458352, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -46.955848, "energy": 20.116049, "activity_lines": [ 19.013334, 19.061543, 19.183249, 19.374655 ] }, { "date": "2023-10-13", "close": 18.6, "volume": 1190332, "typical_volume": 4263520.5, "trend": 19.487685, "fair_value": 18.752707, "relative_strength": -8.274506, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -51.354466, "energy": 30.389625, "activity_lines": [ 18.846667, 18.974605, 19.101518, 19.318562 ] }, { "date": "2023-10-20", "close": 18.200001, "volume": 1629782, "typical_volume": 3897791.05, "trend": 19.444784, "fair_value": 18.790032, "relative_strength": -8.236905, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -56.456374, "energy": 44.138921, "activity_lines": [ 18.566667, 18.840059, 18.992274, 19.235486 ] }, { "date": "2023-10-27", "close": 18.65, "volume": 1312173, "typical_volume": 3633398.8, "trend": 19.433369, "fair_value": 18.829319, "relative_strength": -4.116773, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -50.589325, "energy": 40.577149, "activity_lines": [ 18.543334, 18.794546, 18.940025, 19.184209 ] }, { "date": "2023-11-03", "close": 18.5, "volume": 872879, "typical_volume": 3243149.2, "trend": 19.425198, "fair_value": 18.868874, "relative_strength": -6.990071, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -52.343638, "energy": 40.235113, "activity_lines": [ 18.506667, 18.71, 18.882657, 19.123992 ] }, { "date": "2023-11-10", "close": 18.700001, "volume": 1677043, "typical_volume": 3118949.95, "trend": 19.400613, "fair_value": 18.898948, "relative_strength": -6.83669, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -49.6372, "energy": 31.352157, "activity_lines": [ 18.563334, 18.67091, 18.848094, 19.077205 ] }, { "date": "2023-11-17", "close": 18.5, "volume": 2774383, "typical_volume": 3058125.5, "trend": 19.390793, "fair_value": 18.921897, "relative_strength": -10.380928, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -49.216111, "energy": 24.846824, "activity_lines": [ 18.553334, 18.613637, 18.799174, 19.019101 ] }, { "date": "2023-11-24", "close": 18.700001, "volume": 2016116, "typical_volume": 2898067.55, "trend": 19.339829, "fair_value": 18.947973, "relative_strength": -9.323782, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -36.802312, "energy": 19.185928, "activity_lines": [ 18.616667, 18.6, 18.77565, 18.974534 ] }, { "date": "2023-12-01", "close": 18.75, "volume": 1584173, "typical_volume": 2793094.3, "trend": 19.242721, "fair_value": 18.962376, "relative_strength": -9.552403, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -33.93179, "energy": 16.214595, "activity_lines": [ 18.663334, 18.615455, 18.761814, 18.93648 ] }, { "date": "2023-12-08", "close": 18.9, "volume": 4629442, "typical_volume": 2813144.25, "trend": 19.208315, "fair_value": 18.977126, "relative_strength": -8.161288, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -31.974391, "energy": 13.573043, "activity_lines": [ 18.753334, 18.666364, 18.765773, 18.914369 ] }, { "date": "2023-12-15", "close": 18.25, "volume": 2791346, "typical_volume": 2844004.45, "trend": 19.163784, "fair_value": 18.985248, "relative_strength": -12.376973, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -41.997216, "energy": 18.650823, "activity_lines": [ 18.6, 18.599091, 18.708738, 18.852543 ] }, { "date": "2023-12-22", "close": 18.4, "volume": 2187681, "typical_volume": 2615627.7, "trend": 19.083036, "fair_value": 18.995563, "relative_strength": -10.81397, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -49.017533, "energy": 23.439868, "activity_lines": [ 18.526667, 18.567273, 18.668111, 18.803266 ] }, { "date": "2023-12-29", "close": 18.200001, "volume": 631469, "typical_volume": 2516613.25, "trend": 18.984081, "fair_value": 18.988296, "relative_strength": -13.036392, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -53.67962, "energy": 34.65913, "activity_lines": [ 18.393334, 18.502728, 18.615968, 18.746296 ] }, { "date": "2024-01-05", "close": 17.9, "volume": 890244, "typical_volume": 2433870.4, "trend": 18.89491, "fair_value": 18.982797, "relative_strength": -12.07517, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.952701, "energy": 53.642363, "activity_lines": [ 18.193334, 18.383637, 18.537143, 18.676355 ] }, { "date": "2024-01-12", "close": 17.85, "volume": 1127721, "typical_volume": 2338991.55, "trend": 18.846937, "fair_value": 18.968673, "relative_strength": -11.919026, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.399502, "energy": 58.952745, "activity_lines": [ 18.033334, 18.269091, 18.454048, 18.608942 ] }, { "date": "2024-01-19", "close": 17.299999, "volume": 1400277, "typical_volume": 2248005.6, "trend": 18.767442, "fair_value": 18.951332, "relative_strength": -15.218308, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -76.533333, "energy": 71.179558, "activity_lines": [ 17.76, 18.066364, 18.324048, 18.509139 ] }, { "date": "2024-01-26", "close": 17.549999, "volume": 1286743, "typical_volume": 2242865.35, "trend": 18.691334, "fair_value": 18.944819, "relative_strength": -15.255144, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.262051, "energy": 69.502948, "activity_lines": [ 17.633333, 17.934545, 18.229286, 18.430595 ] }, { "date": "2024-02-02", "close": 17.6, "volume": 1124642, "typical_volume": 2010727.4, "trend": 18.620189, "fair_value": 18.929709, "relative_strength": -15.087151, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.433216, "energy": 63.58685, "activity_lines": [ 17.58, 17.829091, 18.145714, 18.360186 ] }, { "date": "2024-02-09", "close": 17.65, "volume": 433103, "typical_volume": 1674679.15, "trend": 18.558955, "fair_value": 18.924759, "relative_strength": -14.791142, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -59.596813, "energy": 56.368417, "activity_lines": [ 17.583333, 17.752727, 18.077381, 18.297593 ] }, { "date": "2024-02-16", "close": 18.1, "volume": 970146, "typical_volume": 1631353.05, "trend": 18.52591, "fair_value": 18.92823, "relative_strength": -14.705342, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -53.586848, "energy": 34.769384, "activity_lines": [ 17.753333, 17.778182, 18.059286, 18.267983 ] }, { "date": "2024-02-23", "close": 17.700001, "volume": 1590663, "typical_volume": 1606017.9, "trend": 18.492721, "fair_value": 18.926677, "relative_strength": -17.394148, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -43.903791, "energy": 27.401885, "activity_lines": [ 17.773334, 17.745455, 18.006905, 18.214699 ] }, { "date": "2024-03-01", "close": 17.700001, "volume": 1368038, "typical_volume": 1614903.2, "trend": 18.416667, "fair_value": 18.911592, "relative_strength": -17.139486, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -41.406126, "energy": 24.045991, "activity_lines": [ 17.766667, 17.722727, 17.959286, 18.163556 ] }, { "date": "2024-03-08", "close": 16.85, "volume": 2850683, "typical_volume": 1675948.25, "trend": 18.358442, "fair_value": 18.881525, "relative_strength": -23.978063, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -73.280352, "energy": 42.461704, "activity_lines": [ 17.466667, 17.558182, 17.835, 18.06248 ] }, { "date": "2024-03-15", "close": 16.299999, "volume": 4024746, "typical_volume": 1811576.9, "trend": 18.301667, "fair_value": 18.858389, "relative_strength": -25.64121, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -82.600759, "energy": 74.540963, "activity_lines": [ 17.033333, 17.318182, 17.664762, 17.929678 ] }, { "date": "2024-03-22", "close": 16.549999, "volume": 2253846, "typical_volume": 1880625.25, "trend": 18.22, "fair_value": 18.837162, "relative_strength": -26.019291, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -72.13718, "energy": 77.301813, "activity_lines": [ 16.773333, 17.152727, 17.529524, 17.816667 ] }, { "date": "2024-03-29", "close": 16.200001, "volume": 848721, "typical_volume": 1839209.15, "trend": 18.103333, "fair_value": 18.809387, "relative_strength": -27.315542, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -76.988092, "energy": 83.020806, "activity_lines": [ 16.5, 16.947273, 17.370238, 17.686344 ] }, { "date": "2024-04-05", "close": 16.200001, "volume": 368965, "typical_volume": 1718938.25, "trend": 18.013333, "fair_value": 18.772693, "relative_strength": -26.974751, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -71.382316, "energy": 80.691766, "activity_lines": [ 16.326667, 16.761818, 17.222857, 17.563549 ] }, { "date": "2024-04-12", "close": 16.549999, "volume": 1850458, "typical_volume": 1710655.35, "trend": 17.905, "fair_value": 18.741934, "relative_strength": -26.283811, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.543213, "energy": 57.813828, "activity_lines": [ 16.37, 16.664545, 17.119762, 17.46914 ] }, { "date": "2024-04-19", "close": 15.8, "volume": 1510017, "typical_volume": 1706947.55, "trend": 17.791667, "fair_value": 18.698678, "relative_strength": -24.736953, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -75.463217, "energy": 58.071148, "activity_lines": [ 16.183333, 16.45, 16.955476, 17.333333 ] }, { "date": "2024-04-26", "close": 16.049999, "volume": 876470, "typical_volume": 1519298.95, "trend": 17.696667, "fair_value": 18.656718, "relative_strength": -25.130196, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.081609, "energy": 52.427278, "activity_lines": [ 16.113333, 16.314545, 16.829048, 17.220968 ] }, { "date": "2024-05-03", "close": 16.65, "volume": 1148438, "typical_volume": 1437153.55, "trend": 17.628333, "fair_value": 18.614605, "relative_strength": -22.337529, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -58.445545, "energy": 42.66744, "activity_lines": [ 16.276666, 16.325454, 16.773333, 17.153441 ] }, { "date": "2024-05-10", "close": 16.4, "volume": 1084591, "typical_volume": 1381999.05, "trend": 17.555, "fair_value": 18.574888, "relative_strength": -24.219409, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -46.845759, "energy": 36.454113, "activity_lines": [ 16.326666, 16.31, 16.701428, 17.074194 ] }, { "date": "2024-05-17", "close": 16.200001, "volume": 1356271, "typical_volume": 1418239.15, "trend": 17.488333, "fair_value": 18.552033, "relative_strength": -26.471641, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -46.988513, "energy": 31.895042, "activity_lines": [ 16.296667, 16.281818, 16.62, 16.986774 ] }, { "date": "2024-05-24", "close": 16.700001, "volume": 1956155, "typical_volume": 1471534.7, "trend": 17.423333, "fair_value": 18.554833, "relative_strength": -24.59921, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -39.131012, "energy": 21.58159, "activity_lines": [ 16.456667, 16.356364, 16.595714, 16.935914 ] }, { "date": "2024-05-31", "close": 16.799999, "volume": 1623418, "typical_volume": 1496319.55, "trend": 17.366667, "fair_value": 18.551201, "relative_strength": -22.055342, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -34.758189, "energy": 17.466759, "activity_lines": [ 16.59, 16.441818, 16.586667, 16.895699 ] }, { "date": "2024-06-07", "close": 17.299999, "volume": 5133949, "typical_volume": 1683003.15, "trend": 17.32, "fair_value": 18.5437, "relative_strength": -21.615509, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -13.145447, "energy": 13.168223, "activity_lines": [ 16.84, 16.613636, 16.630238, 16.891398 ] }, { "date": "2024-06-14", "close": 17.75, "volume": 4743549, "typical_volume": 1855843.45, "trend": 17.295, "fair_value": 18.539084, "relative_strength": -21.396878, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 9.307232, "energy": 21.469474, "activity_lines": [ 17.196666, 16.847273, 16.716667, 16.91914 ] }, { "date": "2024-06-21", "close": 18.4, "volume": 6820583, "typical_volume": 2140640.5, "trend": 17.285, "fair_value": 18.537405, "relative_strength": -20.604674, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 37.905809, "energy": 47.923738, "activity_lines": [ 17.68, 17.170909, 16.864048, 16.99043 ] }, { "date": "2024-06-28", "close": 19.65, "volume": 13912135, "typical_volume": 2814592.1, "trend": 17.315, "fair_value": 18.544969, "relative_strength": -13.866143, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 49.963086, "energy": 68.51711, "activity_lines": [ 18.433333, 17.688182, 17.126667, 17.143011 ] }, { "date": "2024-07-05", "close": 19.950001, "volume": 6059303, "typical_volume": 3069049.95, "trend": 17.35, "fair_value": 18.554148, "relative_strength": -13.933929, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 57.195894, "energy": 77.828682, "activity_lines": [ 19.09, 18.19, 17.408333, 17.313011 ] }, { "date": "2024-07-12", "close": 19.6, "volume": 6619582, "typical_volume": 3320495.9, "trend": 17.395, "fair_value": 18.562929, "relative_strength": -16.213512, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 72.444075, "energy": 84.842868, "activity_lines": [ 19.42, 18.557273, 17.647857, 17.458172 ] }, { "date": "2024-07-19", "close": 19.700001, "volume": 7626976, "typical_volume": 3633442.8, "trend": 17.438333, "fair_value": 18.569891, "relative_strength": -11.476275, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 69.564735, "energy": 82.19523, "activity_lines": [ 19.630001, 18.889091, 17.887857, 17.606882 ] }, { "date": "2024-07-26", "close": 18.700001, "volume": 3010490, "typical_volume": 3641433.15, "trend": 17.455, "fair_value": 18.566752, "relative_strength": -12.713878, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.14598, "energy": 58.567681, "activity_lines": [ 19.376667, 18.979091, 18.023095, 17.68828 ] }, { "date": "2024-08-02", "close": 18.049999, "volume": 2371956, "typical_volume": 3558793.65, "trend": 17.46, "fair_value": 18.564059, "relative_strength": -13.268185, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 47.968246, "energy": 35.047324, "activity_lines": [ 18.886667, 18.905455, 18.087619, 17.726667 ] }, { "date": "2024-08-09", "close": 16.700001, "volume": 3899485, "typical_volume": 3641075.6, "trend": 17.421667, "fair_value": 18.557018, "relative_strength": -18.56562, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 18.103496, "energy": 15.917529, "activity_lines": [ 18.053334, 18.561819, 18.015238, 17.677635 ] }, { "date": "2024-08-16", "close": 17.15, "volume": 2131013, "typical_volume": 3705190.2, "trend": 17.416667, "fair_value": 18.555629, "relative_strength": -19.125384, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 15.589497, "energy": 21.780594, "activity_lines": [ 17.586667, 18.301819, 17.985, 17.660108 ] }, { "date": "2024-08-23", "close": 17.049999, "volume": 2749667, "typical_volume": 3824225.3, "trend": 17.4, "fair_value": 18.563132, "relative_strength": -18.26788, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -5.756771, "energy": 21.176337, "activity_lines": [ 17.25, 18.026364, 17.940714, 17.636452 ] }, { "date": "2024-08-30", "close": 17.299999, "volume": 1536778, "typical_volume": 3808541.3, "trend": 17.39, "fair_value": 18.576544, "relative_strength": -16.788075, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -14.052644, "energy": 23.252425, "activity_lines": [ 17.173333, 17.809091, 17.91619, 17.63 ] }, { "date": "2024-09-06", "close": 16.049999, "volume": 2212324, "typical_volume": 3843656.65, "trend": 17.336667, "fair_value": 18.576071, "relative_strength": -19.14891, "stage": 1, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -29.183358, "energy": 30.928709, "activity_lines": [ 16.773333, 17.384545, 17.769048, 17.543548 ] }, { "date": "2024-09-13", "close": 16.15, "volume": 2237355, "typical_volume": 3911700.9, "trend": 17.271667, "fair_value": 18.578458, "relative_strength": -19.139692, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -27.41144, "energy": 38.864554, "activity_lines": [ 16.539999, 17.043636, 17.630238, 17.466989 ] }, { "date": "2024-09-20", "close": 16.5, "volume": 872398, "typical_volume": 3897898.9, "trend": 17.231667, "fair_value": 18.587211, "relative_strength": -18.140024, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -20.382671, "energy": 35.590384, "activity_lines": [ 16.46, 16.835454, 17.524286, 17.417204 ] }, { "date": "2024-09-27", "close": 16.65, "volume": 919317, "typical_volume": 3889635.2, "trend": 17.196667, "fair_value": 18.598827, "relative_strength": -19.067629, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -19.98241, "energy": 37.113303, "activity_lines": [ 16.473333, 16.710909, 17.433333, 17.379677 ] }, { "date": "2024-10-04", "close": 16.5, "volume": 731145, "typical_volume": 3858378.9, "trend": 17.185, "fair_value": 18.609799, "relative_strength": -17.234139, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -26.03291, "energy": 27.221333, "activity_lines": [ 16.463333, 16.614545, 17.326905, 17.334731 ] }, { "date": "2024-10-11", "close": 17.35, "volume": 2366907, "typical_volume": 3878916.5, "trend": 17.22, "fair_value": 18.626537, "relative_strength": -14.602129, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -10.216446, "energy": 11.251988, "activity_lines": [ 16.79, 16.712727, 17.3, 17.345376 ] }, { "date": "2024-10-18", "close": 17.4, "volume": 2054144, "typical_volume": 3900452.8, "trend": 17.248333, "fair_value": 18.642961, "relative_strength": -15.823276, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -2.368338, "energy": 6.439037, "activity_lines": [ 17.046667, 16.832727, 17.274762, 17.356989 ] }, { "date": "2024-10-25", "close": 17.25, "volume": 1218370, "typical_volume": 3704673.85, "trend": 17.283333, "fair_value": 18.658424, "relative_strength": -15.280646, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 0.855819, "energy": 8.294069, "activity_lines": [ 17.17, 16.912727, 17.232381, 17.357097 ] }, { "date": "2024-11-01", "close": 16.85, "volume": 642070, "typical_volume": 3499599.9, "trend": 17.305, "fair_value": 18.66942, "relative_strength": -14.461699, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -1.284905, "energy": 8.909616, "activity_lines": [ 17.11, 16.918182, 17.152143, 17.32914 ] }, { "date": "2024-11-08", "close": 18.4, "volume": 5157803, "typical_volume": 3416460.9, "trend": 17.366667, "fair_value": 18.685596, "relative_strength": -8.97413, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 25.98813, "energy": 21.055699, "activity_lines": [ 17.553333, 17.209091, 17.223809, 17.399785 ] }, { "date": "2024-11-15", "close": 17.75, "volume": 23491526, "typical_volume": 3895430.45, "trend": 17.431667, "fair_value": 18.696655, "relative_strength": -8.45372, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 12.736052, "energy": 15.560106, "activity_lines": [ 17.653333, 17.361818, 17.233571, 17.424516 ] }, { "date": "2024-11-22", "close": 18.049999, "volume": 7242805, "typical_volume": 3954605.55, "trend": 17.498333, "fair_value": 18.671591, "relative_strength": -6.946704, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 18.099495, "energy": 23.926301, "activity_lines": [ 17.826666, 17.538182, 17.280952, 17.464408 ] }, { "date": "2024-11-29", "close": 19.299999, "volume": 21099385, "typical_volume": 4678595.7, "trend": 17.586667, "fair_value": 18.620932, "relative_strength": 2.852367, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 35.957707, "energy": 48.119753, "activity_lines": [ 18.373333, 17.907272, 17.456428, 17.580645 ] }, { "date": "2024-12-06", "close": 18.5, "volume": 10876871, "typical_volume": 4841090.45, "trend": 17.656667, "fair_value": 18.55183, "relative_strength": -4.738074, "stage": 2, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 19.608814, "energy": 43.054877, "activity_lines": [ 18.516666, 18.08, 17.557143, 17.63957 ] }, { "date": "2024-12-13", "close": 17.35, "volume": 3301032, "typical_volume": 4855617.55, "trend": 17.695, "fair_value": 18.504841, "relative_strength": -9.408855, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 11.547336, "energy": 23.621825, "activity_lines": [ 18.166666, 18.01, 17.554047, 17.619785 ] }, { "date": "2024-12-20", "close": 17.75, "volume": 2938564, "typical_volume": 4883947.95, "trend": 17.73, "fair_value": 18.428394, "relative_strength": -4.652872, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 11.086668, "energy": 13.240197, "activity_lines": [ 18.02, 17.997272, 17.595476, 17.623333 ] }, { "date": "2024-12-27", "close": 17.4, "volume": 2319514, "typical_volume": 4804949.4, "trend": 17.75, "fair_value": 18.378872, "relative_strength": -9.040968, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -1.793126, "energy": 5.265299, "activity_lines": [ 17.756667, 17.913636, 17.605, 17.602043 ] }, { "date": "2025-01-03", "close": 18.5, "volume": 9148202, "typical_volume": 5155808.85, "trend": 17.79, "fair_value": 18.335133, "relative_strength": -1.244862, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 10.365416, "energy": 8.738486, "activity_lines": [ 17.903333, 18.03, 17.715952, 17.65043 ] }, { "date": "2025-01-10", "close": 17.0, "volume": 13906545, "typical_volume": 5713652.75, "trend": 17.765, "fair_value": 18.282096, "relative_strength": -9.060538, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -12.600904, "energy": 9.070176, "activity_lines": [ 17.603333, 17.850909, 17.677619, 17.599462 ] }, { "date": "2025-01-17", "close": 17.15, "volume": 2357258, "typical_volume": 5754676.75, "trend": 17.723333, "fair_value": 18.245873, "relative_strength": -8.282254, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -29.488569, "energy": 16.230621, "activity_lines": [ 17.453333, 17.696364, 17.653809, 17.559785 ] }, { "date": "2025-01-24", "close": 17.15, "volume": 563022, "typical_volume": 5672211.65, "trend": 17.64, "fair_value": 18.218527, "relative_strength": -9.221111, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -37.541122, "energy": 19.386842, "activity_lines": [ 17.316667, 17.564545, 17.630714, 17.522796 ] }, { "date": "2025-02-07", "close": 17.700001, "volume": 1535967, "typical_volume": 5637142.25, "trend": 17.565, "fair_value": 18.192171, "relative_strength": -5.623044, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -15.202908, "energy": 12.753263, "activity_lines": [ 17.403334, 17.543637, 17.654762, 17.526667 ] }, { "date": "2025-02-14", "close": 18.200001, "volume": 2174291, "typical_volume": 5702236.9, "trend": 17.518333, "fair_value": 18.17219, "relative_strength": -1.141607, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 34.464519, "energy": 14.039842, "activity_lines": [ 17.636667, 17.62, 17.719048, 17.567634 ] }, { "date": "2025-02-21", "close": 18.700001, "volume": 3836536, "typical_volume": 5848097.85, "trend": 17.485, "fair_value": 18.147488, "relative_strength": -0.453533, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 43.635238, "energy": 29.747072, "activity_lines": [ 18.056667, 17.807273, 17.822857, 17.643871 ] }, { "date": "2025-02-28", "close": 17.9, "volume": 1834350, "typical_volume": 5903258.1, "trend": 17.458333, "fair_value": 18.122096, "relative_strength": -1.529486, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 44.240357, "energy": 31.532007, "activity_lines": [ 18.096667, 17.845455, 17.840714, 17.670645 ] }, { "date": "2025-03-07", "close": 17.6, "volume": 1258142, "typical_volume": 5847819.85, "trend": 17.443333, "fair_value": 18.105244, "relative_strength": -0.758188, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 32.445398, "energy": 24.380776, "activity_lines": [ 17.986667, 17.819091, 17.823334, 17.679785 ] }, { "date": "2025-03-14", "close": 17.1, "volume": 1025118, "typical_volume": 5796368.55, "trend": 17.456667, "fair_value": 18.080114, "relative_strength": -0.730847, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 9.036031, "energy": 5.527543, "activity_lines": [ 17.68, 17.704546, 17.757143, 17.657634 ] }, { "date": "2025-03-21", "close": 16.799999, "volume": 1917002, "typical_volume": 5831300.15, "trend": 17.445, "fair_value": 18.057183, "relative_strength": -3.361009, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -18.725588, "energy": 16.919578, "activity_lines": [ 17.313333, 17.540909, 17.66381, 17.615269 ] }, { "date": "2025-03-28", "close": 16.1, "volume": 4255510, "typical_volume": 6011972.15, "trend": 17.413333, "fair_value": 18.028496, "relative_strength": -4.617994, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -40.120057, "energy": 44.380848, "activity_lines": [ 16.806666, 17.280909, 17.505952, 17.528495 ] }, { "date": "2025-04-04", "close": 15.5, "volume": 1579118, "typical_volume": 5833037.9, "trend": 17.353333, "fair_value": 17.979794, "relative_strength": -6.697151, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -48.151858, "energy": 61.106175, "activity_lines": [ 16.273333, 16.928182, 17.294524, 17.405054 ] }, { "date": "2025-04-11", "close": 14.4, "volume": 4624972, "typical_volume": 4889710.2, "trend": 17.298333, "fair_value": 17.941478, "relative_strength": -5.326533, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -83.409273, "energy": 80.548801, "activity_lines": [ 15.533333, 16.405455, 16.992143, 17.214516 ] }, { "date": "2025-04-18", "close": 14.7, "volume": 900025, "typical_volume": 4572571.2, "trend": 17.25, "fair_value": 17.909524, "relative_strength": -2.5911, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -75.798673, "energy": 83.607522, "activity_lines": [ 15.106667, 15.987273, 16.734286, 17.046882 ] }, { "date": "2025-04-25", "close": 14.65, "volume": 964404, "typical_volume": 3565822.15, "trend": 17.188333, "fair_value": 17.888346, "relative_strength": -5.087218, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -70.935303, "energy": 81.673533, "activity_lines": [ 14.823333, 15.614545, 16.487619, 16.87914 ] }, { "date": "2025-05-02", "close": 14.8, "volume": 638263, "typical_volume": 3053891.75, "trend": 17.126667, "fair_value": 17.868129, "relative_strength": -8.14052, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.624523, "energy": 76.8065, "activity_lines": [ 14.733333, 15.333636, 16.277381, 16.725054 ] }, { "date": "2025-05-09", "close": 14.5, "volume": 739052, "typical_volume": 2925792.75, "trend": 17.06, "fair_value": 17.852013, "relative_strength": -10.270893, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.405346, "energy": 69.595825, "activity_lines": [ 14.63, 15.069091, 16.056191, 16.555591 ] }, { "date": "2025-05-16", "close": 14.65, "volume": 900134, "typical_volume": 2823871.25, "trend": 16.97, "fair_value": 17.834957, "relative_strength": -12.934044, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.190826, "energy": 52.166046, "activity_lines": [ 14.643333, 14.893636, 15.862857, 16.400108 ] }, { "date": "2025-05-23", "close": 14.25, "volume": 429020, "typical_volume": 2729346.55, "trend": 16.865, "fair_value": 17.819141, "relative_strength": -14.340223, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.238301, "energy": 52.945704, "activity_lines": [ 14.506667, 14.699091, 15.646191, 16.224624 ] }, { "date": "2025-05-30", "close": 13.5, "volume": 876051, "typical_volume": 2315739.0, "trend": 16.74, "fair_value": 17.795347, "relative_strength": -17.395829, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -75.677802, "energy": 58.329161, "activity_lines": [ 14.15, 14.42, 15.373095, 16.007527 ] }, { "date": "2025-06-06", "close": 13.25, "volume": 483230, "typical_volume": 1644573.25, "trend": 16.62, "fair_value": 17.769316, "relative_strength": -19.732043, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -74.230444, "energy": 65.110622, "activity_lines": [ 13.786667, 14.155455, 15.1, 15.782366 ] }, { "date": "2025-06-13", "close": 13.1, "volume": 501289, "typical_volume": 1551774.8, "trend": 16.443333, "fair_value": 17.737885, "relative_strength": -21.732043, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -73.696462, "energy": 75.78514, "activity_lines": [ 13.476667, 13.915455, 14.830476, 15.555269 ] }, { "date": "2025-06-20", "close": 12.5, "volume": 921310, "typical_volume": 1569689.2, "trend": 16.268333, "fair_value": 17.701973, "relative_strength": -24.801814, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -77.615264, "energy": 81.068317, "activity_lines": [ 13.06, 13.61, 14.523095, 15.30086 ] }, { "date": "2025-06-27", "close": 12.95, "volume": 552148, "typical_volume": 1520498.25, "trend": 16.098333, "fair_value": 17.678458, "relative_strength": -23.513434, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.961704, "energy": 74.595018, "activity_lines": [ 12.936667, 13.420909, 14.280714, 15.086774 ] }, { "date": "2025-07-04", "close": 12.85, "volume": 557562, "typical_volume": 1439661.8, "trend": 15.883333, "fair_value": 17.657789, "relative_strength": -23.438225, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.73441, "energy": 65.268157, "activity_lines": [ 12.866667, 13.245455, 14.051429, 14.877204 ] }, { "date": "2025-07-11", "close": 13.25, "volume": 321032, "typical_volume": 1263886.6, "trend": 15.708333, "fair_value": 17.649513, "relative_strength": -21.222898, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.877113, "energy": 61.192761, "activity_lines": [ 12.973333, 13.175455, 13.885714, 14.707312 ] }, { "date": "2025-07-18", "close": 12.85, "volume": 465763, "typical_volume": 1195457.25, "trend": 15.558333, "fair_value": 17.630113, "relative_strength": -25.140629, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.959846, "energy": 55.254341, "activity_lines": [ 12.946667, 13.060909, 13.707857, 14.522903 ] }, { "date": "2025-07-25", "close": 12.75, "volume": 373001, "typical_volume": 1151200.2, "trend": 15.391667, "fair_value": 17.608486, "relative_strength": -25.043648, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.812468, "energy": 55.674737, "activity_lines": [ 12.903333, 12.958182, 13.544524, 14.34172 ] }, { "date": "2025-08-01", "close": 12.85, "volume": 514345, "typical_volume": 1125661.55, "trend": 15.24, "fair_value": 17.58433, "relative_strength": -24.085686, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.713745, "energy": 50.678834, "activity_lines": [ 12.876667, 12.908182, 13.41381, 14.177742 ] }, { "date": "2025-08-08", "close": 13.0, "volume": 401132, "typical_volume": 1049868.05, "trend": 15.056667, "fair_value": 17.56272, "relative_strength": -24.486847, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -60.467724, "energy": 49.078625, "activity_lines": [ 12.906667, 12.910909, 13.317619, 14.033226 ] }, { "date": "2025-08-15", "close": 12.9, "volume": 575398, "typical_volume": 865862.45, "trend": 14.92, "fair_value": 17.537299, "relative_strength": -25.537177, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -57.728979, "energy": 45.169801, "activity_lines": [ 12.893333, 12.904545, 13.23, 13.894086 ] }, { "date": "2025-08-22", "close": 12.8, "volume": 1238435, "typical_volume": 848828.3, "trend": 14.775, "fair_value": 17.503945, "relative_strength": -23.871812, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -59.796485, "energy": 42.701551, "activity_lines": [ 12.87, 12.886364, 13.148095, 13.757312 ] }, { "date": "2025-08-29", "close": 12.85, "volume": 1141247, "typical_volume": 674642.05, "trend": 14.631667, "fair_value": 17.457912, "relative_strength": -24.561902, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -56.84431, "energy": 39.688801, "activity_lines": [ 12.866667, 12.882727, 13.08381, 13.633118 ] }, { "date": "2025-09-05", "close": 13.05, "volume": 879388, "typical_volume": 673610.2, "trend": 14.476667, "fair_value": 17.421088, "relative_strength": -23.695978, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -44.320223, "energy": 33.14892, "activity_lines": [ 12.923333, 12.909091, 13.045952, 13.531075 ] }, { "date": "2025-09-12", "close": 13.0, "volume": 1381651, "typical_volume": 694472.55, "trend": 14.303333, "fair_value": 17.383626, "relative_strength": -26.429462, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -40.536049, "energy": 28.525917, "activity_lines": [ 12.95, 12.924545, 13.01119, 13.435806 ] }, { "date": "2025-09-19", "close": 12.95, "volume": 681386, "typical_volume": 696628.7, "trend": 14.111667, "fair_value": 17.351868, "relative_strength": -26.529088, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -38.958814, "energy": 26.01583, "activity_lines": [ 12.96, 12.928182, 12.979524, 13.348495 ] }, { "date": "2025-09-26", "close": 14.2, "volume": 5059056, "typical_volume": 912628.9, "trend": 13.988333, "fair_value": 17.325586, "relative_strength": -19.015188, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": 8.467369, "energy": 13.174293, "activity_lines": [ 13.383333, 13.164545, 13.075714, 13.354194 ] }, { "date": "2025-10-03", "close": 14.2, "volume": 1566040, "typical_volume": 945924.2, "trend": 13.875, "fair_value": 17.30501, "relative_strength": -22.15394, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": 14.143394, "energy": 26.250107, "activity_lines": [ 13.713333, 13.376364, 13.173333, 13.367849 ] }, { "date": "2025-10-10", "close": 14.05, "volume": 556062, "typical_volume": 952276.3, "trend": 13.773333, "fair_value": 17.29457, "relative_strength": -24.019365, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "mixed", "direction": 27.794074, "energy": 45.811602, "activity_lines": [ 13.903333, 13.534545, 13.25881, 13.37914 ] }, { "date": "2025-10-17", "close": 14.1, "volume": 984892, "typical_volume": 957718.35, "trend": 13.683333, "fair_value": 17.279378, "relative_strength": -23.224542, "stage": 4, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 28.162891, "energy": 54.069846, "activity_lines": [ 14.043333, 13.68, 13.35, 13.400215 ] }, { "date": "2025-10-24", "close": 13.9, "volume": 620202, "typical_volume": 964566.95, "trend": 13.61, "fair_value": 17.267025, "relative_strength": -24.43577, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 33.201687, "energy": 53.765063, "activity_lines": [ 14.043333, 13.769091, 13.419286, 13.414194 ] }, { "date": "2025-10-31", "close": 13.9, "volume": 2563573, "typical_volume": 1067681.15, "trend": 13.556667, "fair_value": 17.257526, "relative_strength": -25.785663, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 29.504382, "energy": 28.782329, "activity_lines": [ 13.98, 13.84, 13.485476, 13.432903 ] }, { "date": "2025-11-07", "close": 13.45, "volume": 1108798, "typical_volume": 1077055.55, "trend": 13.525, "fair_value": 17.249264, "relative_strength": -26.134649, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 13.411808, "energy": 13.706164, "activity_lines": [ 13.786667, 13.809091, 13.505, 13.426022 ] }, { "date": "2025-11-14", "close": 13.2, "volume": 924647, "typical_volume": 1095680.5, "trend": 13.475, "fair_value": 17.232741, "relative_strength": -26.190444, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -2.157963, "energy": 7.402394, "activity_lines": [ 13.56, 13.721818, 13.49619, 13.405054 ] }, { "date": "2025-11-21", "close": 12.5, "volume": 898147, "typical_volume": 1112709.75, "trend": 13.403333, "fair_value": 17.199366, "relative_strength": -26.897034, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -25.209303, "energy": 23.568339, "activity_lines": [ 13.156667, 13.504545, 13.419524, 13.342151 ] }, { "date": "2025-11-28", "close": 12.9, "volume": 613835, "typical_volume": 1127349.9, "trend": 13.34, "fair_value": 17.149532, "relative_strength": -27.115772, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -26.040971, "energy": 27.243508, "activity_lines": [ 12.993333, 13.369091, 13.382619, 13.309677 ] }, { "date": "2025-12-05", "close": 13.0, "volume": 704312, "typical_volume": 1139277.35, "trend": 13.29, "fair_value": 17.110485, "relative_strength": -26.594611, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -24.427825, "energy": 26.937336, "activity_lines": [ 12.93, 13.252727, 13.356905, 13.287742 ] }, { "date": "2025-12-12", "close": 13.1, "volume": 563166, "typical_volume": 1148785.6, "trend": 13.238333, "fair_value": 17.065421, "relative_strength": -25.849123, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -14.689423, "energy": 22.466879, "activity_lines": [ 12.96, 13.176364, 13.34, 13.275484 ] }, { "date": "2025-12-19", "close": 13.1, "volume": 841189, "typical_volume": 1165127.8, "trend": 13.2, "fair_value": 17.025747, "relative_strength": -23.849931, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -11.689093, "energy": 13.529204, "activity_lines": [ 13.013333, 13.12, 13.321429, 13.266559 ] }, { "date": "2025-12-26", "close": 13.1, "volume": 797850, "typical_volume": 1184963.7, "trend": 13.186667, "fair_value": 16.983219, "relative_strength": -25.380505, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -9.178518, "energy": 9.453318, "activity_lines": [ 13.073333, 13.080909, 13.301667, 13.260108 ] }, { "date": "2026-01-02", "close": 13.2, "volume": 1035180, "typical_volume": 1207952.8, "trend": 13.185, "fair_value": 16.949893, "relative_strength": -26.156533, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 3.05976, "energy": 4.436993, "activity_lines": [ 13.126667, 13.078182, 13.290952, 13.260968 ] }, { "date": "2026-01-09", "close": 13.8, "volume": 2039588, "typical_volume": 1248010.45, "trend": 13.208333, "fair_value": 16.921681, "relative_strength": -24.353043, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 25.003001, "energy": 15.211306, "activity_lines": [ 13.36, 13.197273, 13.335952, 13.300645 ] }, { "date": "2026-01-16", "close": 14.55, "volume": 2469860, "typical_volume": 1314441.1, "trend": 13.276667, "fair_value": 16.897642, "relative_strength": -22.402623, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 68.987629, "energy": 47.364237, "activity_lines": [ 13.79, 13.454545, 13.447619, 13.387204 ] }, { "date": "2026-01-23", "close": 14.9, "volume": 1929500, "typical_volume": 1366946.7, "trend": 13.341667, "fair_value": 16.884725, "relative_strength": -21.213273, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 74.464368, "energy": 69.09266, "activity_lines": [ 14.24, 13.755455, 13.584524, 13.491935 ] }, { "date": "2026-01-30", "close": 14.5, "volume": 1794053, "typical_volume": 1387566.8, "trend": 13.396667, "fair_value": 16.868292, "relative_strength": -22.879104, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 62.990633, "energy": 70.199289, "activity_lines": [ 14.436667, 13.952727, 13.674524, 13.566667 ] }, { "date": "2026-02-06", "close": 14.65, "volume": 2245536, "typical_volume": 1465774.3, "trend": 13.443333, "fair_value": 16.848382, "relative_strength": -20.630282, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.861866, "energy": 72.043273, "activity_lines": [ 14.59, 14.140909, 13.771667, 13.647527 ] }, { "date": "2026-02-13", "close": 15.3, "volume": 811292, "typical_volume": 1253386.1, "trend": 13.525, "fair_value": 16.833273, "relative_strength": -20.736546, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 76.680135, "energy": 76.001939, "activity_lines": [ 14.863333, 14.415455, 13.922619, 13.767312 ] }, { "date": "2026-02-27", "close": 15.6, "volume": 2540548, "typical_volume": 1302111.5, "trend": 13.62, "fair_value": 16.815014, "relative_strength": -22.407264, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 77.436768, "energy": 74.163388, "activity_lines": [ 15.136667, 14.702727, 14.096905, 13.901183 ] }, { "date": "2026-03-06", "close": 15.8, "volume": 3480990, "typical_volume": 1448357.9, "trend": 13.718333, "fair_value": 16.791696, "relative_strength": -16.299179, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 74.902723, "energy": 69.764819, "activity_lines": [ 15.406667, 14.980909, 14.283571, 14.041828 ] }, { "date": "2026-03-13", "close": 14.85, "volume": 1621486, "typical_volume": 1480187.6, "trend": 13.78, "fair_value": 16.760703, "relative_strength": -19.944666, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 62.403375, "energy": 50.905926, "activity_lines": [ 15.3, 15.037273, 14.371429, 14.114839 ] }, { "date": "2026-03-20", "close": 16.200001, "volume": 3062350, "typical_volume": 1602295.0, "trend": 13.89, "fair_value": 16.739316, "relative_strength": -12.141824, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 74.054307, "energy": 52.751361, "activity_lines": [ 15.62, 15.307273, 14.584286, 14.270968 ] }, { "date": "2026-03-27", "close": 16.299999, "volume": 1540326, "typical_volume": 1551132.65, "trend": 14.006667, "fair_value": 16.72808, "relative_strength": -9.612689, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 70.930456, "energy": 51.739291, "activity_lines": [ 15.87, 15.540909, 14.795714, 14.426452 ] }, { "date": "2026-04-03", "close": 15.5, "volume": 1412201, "typical_volume": 1566302.8, "trend": 14.095, "fair_value": 16.702523, "relative_strength": -11.784311, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 58.200565, "energy": 42.083782, "activity_lines": [ 15.786667, 15.583636, 14.919524, 14.522796 ] }, { "date": "2026-04-10", "close": 15.45, "volume": 973638, "typical_volume": 1568752.35, "trend": 14.175, "fair_value": 16.679815, "relative_strength": -18.28378, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 55.87576, "energy": 39.795072, "activity_lines": [ 15.693333, 15.6, 15.02881, 14.610215 ] }, { "date": "2026-04-17", "close": 14.9, "volume": 3209805, "typical_volume": 1684335.25, "trend": 14.238333, "fair_value": 16.655166, "relative_strength": -23.242137, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 40.055899, "energy": 25.393788, "activity_lines": [ 15.44, 15.506364, 15.075, 14.656989 ] }, { "date": "2026-04-24", "close": 16.299999, "volume": 10824830, "typical_volume": 2194885.0, "trend": 14.35, "fair_value": 16.635054, "relative_strength": -19.625628, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 50.866221, "energy": 27.102697, "activity_lines": [ 15.65, 15.66, 15.243095, 14.79 ] }, { "date": "2026-05-01", "close": 15.1, "volume": 1831220, "typical_volume": 2251230.4, "trend": 14.38, "fair_value": 16.61137, "relative_strength": -24.558924, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 35.94306, "energy": 18.838377, "activity_lines": [ 15.453333, 15.565454, 15.280714, 14.838387 ] }, { "date": "2026-05-08", "close": 14.5, "volume": 2379034, "typical_volume": 2342023.8, "trend": 14.39, "fair_value": 16.574647, "relative_strength": -31.284464, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 22.879561, "energy": 12.988494, "activity_lines": [ 15.136666, 15.365454, 15.25119, 14.846129 ] }, { "date": "2026-05-15", "close": 13.95, "volume": 2078637, "typical_volume": 2403896.2, "trend": 14.386667, "fair_value": 16.525203, "relative_strength": -32.287913, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 0.492892, "energy": 8.095839, "activity_lines": [ 14.703333, 15.085454, 15.162619, 14.817742 ] }, { "date": "2026-05-22", "close": 14.0, "volume": 1558420, "typical_volume": 2441924.7, "trend": 14.383333, "fair_value": 16.487176, "relative_strength": -32.931674, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -1.011069, "energy": 16.299763, "activity_lines": [ 14.386667, 14.848182, 15.074762, 14.792796 ] }, { "date": "2026-05-29", "close": 14.05, "volume": 2428400, "typical_volume": 2511585.7, "trend": 14.388333, "fair_value": 16.451689, "relative_strength": -35.537476, "stage": 1, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -18.239591, "energy": 29.979221, "activity_lines": [ 14.146667, 14.635454, 14.987381, 14.77129 ] }, { "date": "2026-06-05", "close": 14.2, "volume": 1970701, "typical_volume": 2508141.35, "trend": 14.398333, "fair_value": 16.409238, "relative_strength": -34.517679, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -18.5164, "energy": 35.604251, "activity_lines": [ 14.106667, 14.489091, 14.910238, 14.75914 ] }, { "date": "2026-06-12", "close": 14.45, "volume": 1815233, "typical_volume": 2475410.0, "trend": 14.431667, "fair_value": 16.366169, "relative_strength": -31.221924, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -15.861087, "energy": 25.47636, "activity_lines": [ 14.21, 14.426364, 14.855, 14.762473 ] }, { "date": "2026-06-19", "close": 14.4, "volume": 1239035, "typical_volume": 2440886.75, "trend": 14.471667, "fair_value": 16.326585, "relative_strength": -34.091308, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -12.991119, "energy": 13.829002, "activity_lines": [ 14.3, 14.373636, 14.795476, 14.76043 ] }, { "date": "2026-06-26", "close": 13.55, "volume": 1685244, "typical_volume": 2435446.3, "trend": 14.506667, "fair_value": 16.289796, "relative_strength": -34.644196, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -33.647772, "energy": 22.221853, "activity_lines": [ 14.076667, 14.185455, 14.657381, 14.700968 ] }, { "date": "2026-07-03", "close": 14.0, "volume": 814063, "typical_volume": 2363872.65, "trend": 14.543333, "fair_value": 16.253354, "relative_strength": -34.924289, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -24.114244, "energy": 19.029333, "activity_lines": [ 14.033333, 14.103636, 14.566667, 14.66828 ] }, { "date": "2026-07-10", "close": 13.7, "volume": 0, "typical_volume": 2323308.05, "trend": 14.566667, "fair_value": 16.214038, "relative_strength": -33.572526, "stage": 4, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -29.200607, "energy": 29.669428, "activity_lines": [ 13.893333, 14.009091, 14.450476, 14.613871 ] }, { "date": "2026-07-17", "close": 12.55, "volume": 1654068, "typical_volume": 2278984.05, "trend": 14.548333, "fair_value": 16.167985, "relative_strength": -34.523707, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -74.565323, "energy": 65.068275, "activity_lines": [ 13.403333, 13.730909, 14.232381, 14.483763 ] }, { "date": "2026-07-24", "close": 12.2, "volume": 812002, "typical_volume": 2145534.65, "trend": 14.518333, "fair_value": 16.121273, "relative_strength": -37.056016, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -80.301102, "energy": 79.099185, "activity_lines": [ 12.923333, 13.424545, 13.995476, 14.332258 ] }, { "date": "2026-07-31", "close": 11.9, "volume": 971029, "typical_volume": 2113011.8, "trend": 14.478333, "fair_value": 16.075175, "relative_strength": -37.107164, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -81.425558, "energy": 85.616542, "activity_lines": [ 12.49, 13.095455, 13.747143, 14.163333 ] }, { "date": "2026-08-07", "close": 12.0, "volume": 659017, "typical_volume": 1992845.15, "trend": 14.438333, "fair_value": 16.032254, "relative_strength": -37.405024, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -73.709652, "energy": 86.600708, "activity_lines": [ 12.2, 12.822727, 13.522381, 14.003441 ] }, { "date": "2026-08-14", "close": 12.1, "volume": 541403, "typical_volume": 1942899.0, "trend": 14.381667, "fair_value": 15.981731, "relative_strength": -38.309017, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.653884, "energy": 83.306568, "activity_lines": [ 12.076667, 12.605455, 13.327143, 13.852581 ] } ], "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." } } }