{ "ticker": { "uuid": "1d762e37-02b4-44f9-849e-f542eed446c2", "symbol": "RICK", "name": "RCI Hospitality Holdings Inc", "exchange": "NASDAQ", "country": "US", "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": "QQQ", "stage": 1, "stage_name": "Basing", "phase": "1c", "phase_label": "Stage 1C \u00b7 Breakout watch", "transition": "stage_1_to_2_watch", "transition_label": "Stage 1 \u2192 2 watch", "confidence": 96.0, "architecture_regime": "deceleration", "architecture_regime_label": "Deceleration", "architecture_modifier": "Recompressing", "architecture_gate": "up", "architecture_direction": 50.603, "architecture_energy": 24.501, "architecture_maturity": 40.646, "architecture_confidence": 75.957, "architecture_tenure": "New", "architecture": { "interpretation": { "headline": "The upward structure remains, but its energy is decelerating.", "body": "Trend remains positive, but Activity or price acceptance is losing strength. This can become a healthy recompression, a re-acceleration, or a Rotation Down." }, "scores": { "balance": 35.29, "rotation_up": 34.27, "upward_expansion": 61.3, "deceleration": 86.89, "rotation_down": 27.13, "downward_expansion": 15.96 }, "activity_lines": [ 26.533333, 26.685991, 26.185448, 25.492159 ], "activity_state": "Compressed", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.166667 }, "latest_close": 28.07, "trend_reference": 24.768218, "distance_from_trend": 0.133307, "trend_direction": "Improving", "fair_value": 41.588009, "distance_from_fair_value": -0.325046, "fair_value_direction": "Improving", "relative_strength": -6.5059, "relative_strength_direction": "Improving", "price_momentum": 0.162828, "excess_performance": -0.024626, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.133307, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.0327, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.325046, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": true, "value": 0.117572, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.065059, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.227622, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.162828, "read": "Positive" }, { "label": "Volume balance", "positive": false, "value": 0.906776, "read": "Supply-led" } ], "volume": { "latest": 277488, "relative_activity": 1.085449, "balance": 0.906776, "dry_up": 0.764179, "accumulation_observations": 3, "distribution_observations": 2 }, "risk": { "range_context": 0.074128, "annualized_volatility": 0.381301, "from_high_reference": -0.257422, "from_low_reference": 0.356059 }, "levels": { "trend_reference": 24.768218, "fair_value_reference": 41.588009, "structural_low": 20.699695, "invalidation": "A renewed decline below the structural range low, widening the discount to current Fair Value while Trend falls, weakens the base diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 6, "median_return": -0.064039, "positive_rate": 0.166667, "directional_follow_through": 0.166667, "median_excess_return": -0.077817, "regime_survival": 0.333333, "best_return": 0.064691, "worst_return": -0.18026, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 4, "median_return": -0.119189, "positive_rate": 0.25, "directional_follow_through": 0.25, "median_excess_return": -0.086092, "regime_survival": 0.0, "best_return": 0.080932, "worst_return": -0.174016, "sufficient": false }, { "horizon": "Extended", "sample_count": 4, "median_return": -0.099945, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": -0.127397, "regime_survival": 0.0, "best_return": 0.067263, "worst_return": -0.279163, "sufficient": false }, { "horizon": "Full cycle", "sample_count": 3, "median_return": -0.307316, "positive_rate": 0.0, "directional_follow_through": 0.0, "median_excess_return": -0.684368, "regime_survival": 0.0, "best_return": -0.089621, "worst_return": -0.56026, "sufficient": false } ], "ledger": [ { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2023-03-31", "end": "2023-04-28", "tenure": "Developing", "return": -0.041832, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2023-05-05", "end": "2023-12-22", "tenure": "Extended", "return": -0.109683, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2023-12-29", "end": "2024-01-19", "tenure": "New", "return": -0.066254, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-01-26", "end": "2024-02-23", "tenure": "Developing", "return": -0.099695, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2024-03-01", "end": "2024-08-16", "tenure": "Established", "return": -0.211682, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-08-23", "end": "2024-11-29", "tenure": "Established", "return": 0.133851, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-12-06", "end": "2025-02-07", "tenure": "Developing", "return": 0.014421, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-02-14", "end": "2025-03-14", "tenure": "Developing", "return": -0.129434, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-03-21", "end": "2025-04-18", "tenure": "Developing", "return": -0.16903, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-04-25", "end": "2026-04-24", "tenure": "Extended", "return": -0.350608, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2026-05-01", "end": "2026-05-15", "tenure": "New", "return": -0.050493, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-05-22", "end": "2026-06-12", "tenure": "New", "return": 0.125103, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-06-19", "end": "2026-07-31", "tenure": "Developing", "return": -0.112487, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-08-07", "end": "2026-08-07", "tenure": "New", "return": 0.0, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 64.399681, "volume": 256450, "typical_volume": 219074.6, "trend": 74.965596, "fair_value": 62.492529, "relative_strength": -28.399335, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -74.264354, "energy": 73.41177, "activity_lines": [ 65.969006, 67.843577, 70.127828, 71.799664 ] }, { "date": "2023-08-25", "close": 63.754217, "volume": 249831, "typical_volume": 220457.2, "trend": 74.025829, "fair_value": 62.780048, "relative_strength": -30.053772, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -73.551367, "energy": 73.843476, "activity_lines": [ 65.046449, 66.787363, 69.399461, 71.076349 ] }, { "date": "2023-09-01", "close": 64.673514, "volume": 181742, "typical_volume": 219572.7, "trend": 73.140141, "fair_value": 63.063597, "relative_strength": -31.361409, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.211475, "energy": 70.072902, "activity_lines": [ 64.705461, 66.100291, 68.803783, 70.472974 ] }, { "date": "2023-09-08", "close": 62.385052, "volume": 174126, "typical_volume": 218237.8, "trend": 72.566167, "fair_value": 63.33719, "relative_strength": -32.64937, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -75.669209, "energy": 74.966325, "activity_lines": [ 63.767257, 65.118226, 68.031939, 69.779097 ] }, { "date": "2023-09-15", "close": 62.25743, "volume": 335575, "typical_volume": 225957.05, "trend": 71.937486, "fair_value": 63.613566, "relative_strength": -32.129936, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -72.604887, "energy": 73.173202, "activity_lines": [ 63.117068, 64.32989, 67.299643, 69.114017 ] }, { "date": "2023-09-22", "close": 58.762791, "volume": 243759, "typical_volume": 225753.8, "trend": 71.087832, "fair_value": 63.877362, "relative_strength": -33.414156, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -84.831296, "energy": 83.365336, "activity_lines": [ 61.540005, 63.12364, 66.286603, 68.264037 ] }, { "date": "2023-09-29", "close": 59.379492, "volume": 236479, "typical_volume": 224410.45, "trend": 70.221302, "fair_value": 64.130565, "relative_strength": -32.390198, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -76.346401, "energy": 83.923834, "activity_lines": [ 60.544302, 62.202776, 65.40069, 67.50866 ] }, { "date": "2023-10-06", "close": 56.315565, "volume": 267714, "typical_volume": 229406.7, "trend": 69.464541, "fair_value": 64.339821, "relative_strength": -36.54124, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -84.473369, "energy": 89.254871, "activity_lines": [ 58.818939, 60.879412, 64.276286, 66.611516 ] }, { "date": "2023-10-13", "close": 51.068713, "volume": 367554, "typical_volume": 236278.7, "trend": 68.617914, "fair_value": 64.521226, "relative_strength": -41.923328, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -94.605296, "energy": 96.962245, "activity_lines": [ 55.901821, 58.799202, 62.729436, 65.424688 ] }, { "date": "2023-10-20", "close": 51.45048, "volume": 293053, "typical_volume": 239276.5, "trend": 67.815935, "fair_value": 64.693701, "relative_strength": -39.065251, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -85.66595, "energy": 94.03301, "activity_lines": [ 53.866381, 57.084308, 61.323559, 64.317112 ] }, { "date": "2023-10-27", "close": 51.939925, "volume": 243297, "typical_volume": 241669.3, "trend": 67.000954, "fair_value": 64.89362, "relative_strength": -36.09377, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -75.520974, "energy": 90.686308, "activity_lines": [ 52.714554, 55.719805, 60.075513, 63.292853 ] }, { "date": "2023-11-03", "close": 55.228997, "volume": 212449, "typical_volume": 241731.25, "trend": 66.400822, "fair_value": 65.099206, "relative_strength": -35.426093, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.984336, "energy": 84.180664, "activity_lines": [ 53.113941, 55.179855, 59.251508, 62.533372 ] }, { "date": "2023-11-10", "close": 54.113062, "volume": 151804, "typical_volume": 241123.15, "trend": 65.756327, "fair_value": 65.288563, "relative_strength": -37.789485, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.715429, "energy": 65.063835, "activity_lines": [ 53.41805, 54.592013, 58.414723, 61.740613 ] }, { "date": "2023-11-17", "close": 55.444353, "volume": 315166, "typical_volume": 250651.2, "trend": 65.163049, "fair_value": 65.476756, "relative_strength": -36.695424, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.738112, "energy": 57.136705, "activity_lines": [ 54.312756, 54.438231, 57.78673, 61.075325 ] }, { "date": "2023-11-24", "close": 56.511343, "volume": 184989, "typical_volume": 254242.05, "trend": 64.606965, "fair_value": 65.66377, "relative_strength": -35.177272, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -46.963533, "energy": 41.7716, "activity_lines": [ 55.271415, 54.604643, 57.350221, 60.51715 ] }, { "date": "2023-12-01", "close": 59.281603, "volume": 265207, "typical_volume": 243544.25, "trend": 64.145504, "fair_value": 65.866801, "relative_strength": -31.187954, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -39.548094, "energy": 27.472907, "activity_lines": [ 56.816104, 55.379212, 57.261867, 60.173578 ] }, { "date": "2023-12-08", "close": 60.984872, "volume": 214104, "typical_volume": 243605.5, "trend": 63.825837, "fair_value": 66.076461, "relative_strength": -28.771106, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -20.395325, "energy": 25.247305, "activity_lines": [ 58.439105, 56.454034, 57.378636, 59.969667 ] }, { "date": "2023-12-15", "close": 62.155772, "volume": 766402, "typical_volume": 271814.1, "trend": 63.479725, "fair_value": 66.260252, "relative_strength": -28.62439, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": 3.914354, "energy": 20.183703, "activity_lines": [ 60.06868, 57.712557, 57.63976, 59.861921 ] }, { "date": "2023-12-22", "close": 65.10484, "volume": 337892, "typical_volume": 279131.4, "trend": 63.215304, "fair_value": 66.430451, "relative_strength": -24.655753, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": 17.970171, "energy": 33.220398, "activity_lines": [ 62.145097, 59.40109, 58.205564, 59.966767 ] }, { "date": "2023-12-29", "close": 64.918686, "volume": 187880, "typical_volume": 274273.65, "trend": 62.885718, "fair_value": 66.601075, "relative_strength": -23.835639, "stage": 4, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 33.139049, "energy": 41.733576, "activity_lines": [ 63.51543, 60.800574, 58.7643, 60.076662 ] }, { "date": "2024-01-05", "close": 60.509781, "volume": 240699, "typical_volume": 273486.1, "trend": 62.395813, "fair_value": 66.755949, "relative_strength": -25.414632, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 22.666004, "energy": 32.877477, "activity_lines": [ 62.855639, 61.153562, 58.907468, 59.923376 ] }, { "date": "2024-01-12", "close": 61.656096, "volume": 254124, "typical_volume": 273700.75, "trend": 61.955549, "fair_value": 66.914437, "relative_strength": -25.0948, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 21.700408, "energy": 39.187249, "activity_lines": [ 62.496074, 61.559156, 59.178332, 59.875652 ] }, { "date": "2024-01-19", "close": 60.617554, "volume": 191095, "typical_volume": 274168.4, "trend": 61.59835, "fair_value": 67.035453, "relative_strength": -27.11394, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 15.4743, "energy": 16.677023, "activity_lines": [ 61.745581, 61.659067, 59.360278, 59.78933 ] }, { "date": "2024-01-26", "close": 61.127027, "volume": 163889, "typical_volume": 273656.55, "trend": 61.158706, "fair_value": 67.187748, "relative_strength": -25.740525, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 0.779116, "energy": 6.976863, "activity_lines": [ 61.267459, 61.733347, 59.61006, 59.758922 ] }, { "date": "2024-02-02", "close": 61.107432, "volume": 203360, "typical_volume": 267045.8, "trend": 60.721669, "fair_value": 67.280778, "relative_strength": -25.50145, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 8.077483, "energy": 8.678458, "activity_lines": [ 61.047994, 61.700742, 59.863966, 59.755614 ] }, { "date": "2024-02-09", "close": 55.831442, "volume": 408102, "typical_volume": 275262.95, "trend": 60.306316, "fair_value": 67.297407, "relative_strength": -32.233579, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -21.446177, "energy": 18.073975, "activity_lines": [ 59.323948, 60.625301, 59.620873, 59.440116 ] }, { "date": "2024-02-16", "close": 56.189053, "volume": 282727, "typical_volume": 277575.35, "trend": 59.916575, "fair_value": 67.278231, "relative_strength": -29.764924, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -38.795261, "energy": 28.355496, "activity_lines": [ 58.030996, 59.677611, 59.425797, 59.174486 ] }, { "date": "2024-02-23", "close": 55.03294, "volume": 195447, "typical_volume": 273962.0, "trend": 59.512421, "fair_value": 67.231038, "relative_strength": -31.012222, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -53.975061, "energy": 40.964494, "activity_lines": [ 56.717142, 58.606915, 59.135807, 58.859413 ] }, { "date": "2024-03-01", "close": 55.767758, "volume": 219419, "typical_volume": 266555.25, "trend": 59.126567, "fair_value": 67.182642, "relative_strength": -30.289413, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -50.218554, "energy": 50.464584, "activity_lines": [ 56.020535, 57.799328, 58.921908, 58.617821 ] }, { "date": "2024-03-08", "close": 54.758608, "volume": 286870, "typical_volume": 266246.1, "trend": 58.757603, "fair_value": 67.092288, "relative_strength": -29.381087, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -54.476739, "energy": 59.300909, "activity_lines": [ 55.344829, 56.978025, 58.589523, 58.336018 ] }, { "date": "2024-03-15", "close": 53.426323, "volume": 223130, "typical_volume": 265237.75, "trend": 58.391824, "fair_value": 67.023854, "relative_strength": -29.296211, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.492773, "energy": 67.22693, "activity_lines": [ 54.648284, 56.099216, 58.114501, 57.992064 ] }, { "date": "2024-03-22", "close": 54.289462, "volume": 149088, "typical_volume": 262069.7, "trend": 58.076332, "fair_value": 66.983375, "relative_strength": -29.292607, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.35127, "energy": 64.103856, "activity_lines": [ 54.399792, 55.506132, 57.714604, 57.727396 ] }, { "date": "2024-03-29", "close": 56.888686, "volume": 142014, "typical_volume": 261580.2, "trend": 57.816838, "fair_value": 66.956133, "relative_strength": -24.57168, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -58.734844, "energy": 41.172156, "activity_lines": [ 55.144348, 55.519573, 57.566726, 57.650773 ] }, { "date": "2024-04-05", "close": 53.661724, "volume": 271752, "typical_volume": 259409.5, "trend": 57.52606, "fair_value": 66.863108, "relative_strength": -27.374332, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.370208, "energy": 45.270314, "activity_lines": [ 54.689534, 55.014092, 57.098302, 57.382701 ] }, { "date": "2024-04-12", "close": 49.846259, "volume": 433210, "typical_volume": 271820.55, "trend": 57.112355, "fair_value": 66.767551, "relative_strength": -31.266923, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -81.904961, "energy": 58.944599, "activity_lines": [ 53.1033, 53.950622, 56.274988, 56.88723 ] }, { "date": "2024-04-19", "close": 50.650547, "volume": 295500, "typical_volume": 273335.2, "trend": 56.841946, "fair_value": 66.685184, "relative_strength": -25.217117, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -73.745298, "energy": 66.199966, "activity_lines": [ 52.112652, 53.238135, 55.560012, 56.470339 ] }, { "date": "2024-04-26", "close": 49.601049, "volume": 180775, "typical_volume": 271668.75, "trend": 56.515998, "fair_value": 66.549624, "relative_strength": -28.591864, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -75.409431, "energy": 80.036434, "activity_lines": [ 50.957223, 52.429028, 54.786184, 56.003185 ] }, { "date": "2024-05-03", "close": 49.993385, "volume": 223981, "typical_volume": 244547.7, "trend": 56.305259, "fair_value": 66.412654, "relative_strength": -27.792276, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.495394, "energy": 78.33865, "activity_lines": [ 50.245134, 51.811037, 54.10393, 55.582371 ] }, { "date": "2024-05-10", "close": 47.197993, "volume": 451024, "typical_volume": 250204.3, "trend": 56.176235, "fair_value": 66.231978, "relative_strength": -31.923785, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -81.990414, "energy": 87.211971, "activity_lines": [ 49.060934, 50.776421, 53.213365, 54.994806 ] }, { "date": "2024-05-17", "close": 47.001825, "volume": 515824, "typical_volume": 266601.5, "trend": 56.027947, "fair_value": 66.069541, "relative_strength": -32.730638, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -78.139689, "energy": 86.946703, "activity_lines": [ 48.24226, 49.861953, 52.389387, 54.402908 ] }, { "date": "2024-05-24", "close": 46.344662, "volume": 350991, "typical_volume": 272116.1, "trend": 55.841438, "fair_value": 65.883893, "relative_strength": -33.661769, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -76.384865, "energy": 84.617641, "activity_lines": [ 47.394161, 48.969032, 51.588141, 53.77818 ] }, { "date": "2024-05-31", "close": 43.882755, "volume": 926738, "typical_volume": 305746.8, "trend": 55.46323, "fair_value": 65.711365, "relative_strength": -35.238127, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -82.740247, "energy": 85.620825, "activity_lines": [ 46.012485, 47.757249, 50.61988, 53.006652 ] }, { "date": "2024-06-07", "close": 44.363367, "volume": 291656, "typical_volume": 310774.85, "trend": 55.13824, "fair_value": 65.562163, "relative_strength": -35.286614, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -74.198693, "energy": 76.252048, "activity_lines": [ 45.172232, 46.822064, 49.782027, 52.290532 ] }, { "date": "2024-06-14", "close": 42.852874, "volume": 430456, "typical_volume": 324103.2, "trend": 54.718524, "fair_value": 65.441483, "relative_strength": -38.688285, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -77.876248, "energy": 72.795592, "activity_lines": [ 44.203817, 45.839976, 48.877718, 51.497928 ] }, { "date": "2024-06-21", "close": 42.184986, "volume": 422427, "typical_volume": 335056.55, "trend": 54.240979, "fair_value": 65.291654, "relative_strength": -38.882329, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -76.378884, "energy": 72.623637, "activity_lines": [ 43.302447, 44.932978, 47.996821, 50.689312 ] }, { "date": "2024-06-28", "close": 42.784121, "volume": 639748, "typical_volume": 346638.85, "trend": 53.691063, "fair_value": 65.148969, "relative_strength": -37.022792, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -68.918464, "energy": 69.24115, "activity_lines": [ 42.921911, 44.274211, 47.263091, 49.95016 ] }, { "date": "2024-07-05", "close": 39.002696, "volume": 631204, "typical_volume": 364062.7, "trend": 52.958323, "fair_value": 64.985971, "relative_strength": -43.602369, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -84.746839, "energy": 73.419839, "activity_lines": [ 41.518269, 43.070937, 46.231356, 49.002524 ] }, { "date": "2024-07-12", "close": 43.893994, "volume": 748180, "typical_volume": 391699.35, "trend": 52.349597, "fair_value": 64.895709, "relative_strength": -35.53325, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.892977, "energy": 57.949503, "activity_lines": [ 42.070398, 42.949687, 45.747298, 48.417728 ] }, { "date": "2024-07-19", "close": 45.563714, "volume": 558949, "typical_volume": 408675.85, "trend": 51.698227, "fair_value": 64.821947, "relative_strength": -29.475384, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -59.800081, "energy": 46.315852, "activity_lines": [ 43.210391, 43.242921, 45.475304, 47.979929 ] }, { "date": "2024-07-26", "close": 47.361118, "volume": 342177, "typical_volume": 411441.2, "trend": 51.112974, "fair_value": 64.734404, "relative_strength": -23.954046, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -42.799545, "energy": 29.547962, "activity_lines": [ 44.768796, 43.89267, 45.423081, 47.700116 ] }, { "date": "2024-08-02", "close": 44.002034, "volume": 565504, "typical_volume": 428559.9, "trend": 50.562716, "fair_value": 64.590987, "relative_strength": -26.220632, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -35.720203, "energy": 22.224149, "activity_lines": [ 44.862431, 43.925144, 45.086173, 47.241345 ] }, { "date": "2024-08-09", "close": 45.671754, "volume": 785416, "typical_volume": 460376.3, "trend": 50.029905, "fair_value": 64.463136, "relative_strength": -22.814421, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -30.624486, "energy": 20.165199, "activity_lines": [ 45.431445, 44.303796, 44.953162, 46.9258 ] }, { "date": "2024-08-16", "close": 43.962747, "volume": 531725, "typical_volume": 479861.85, "trend": 49.474744, "fair_value": 64.344647, "relative_strength": -28.628583, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -33.725995, "energy": 17.35687, "activity_lines": [ 44.986187, 44.339193, 44.698426, 46.53437 ] }, { "date": "2024-08-23", "close": 45.514604, "volume": 233446, "typical_volume": 477946.55, "trend": 48.95433, "fair_value": 64.219963, "relative_strength": -25.979334, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -22.771441, "energy": 13.225003, "activity_lines": [ 45.05363, 44.664029, 44.653038, 46.278877 ] }, { "date": "2024-08-30", "close": 44.777963, "volume": 263841, "typical_volume": 469478.1, "trend": 48.410015, "fair_value": 64.107946, "relative_strength": -25.73244, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -22.06938, "energy": 12.387538, "activity_lines": [ 44.878801, 44.806536, 44.576289, 46.009434 ] }, { "date": "2024-09-06", "close": 40.348294, "volume": 310091, "typical_volume": 470207.65, "trend": 47.89391, "fair_value": 63.93631, "relative_strength": -28.106717, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -61.785077, "energy": 33.401269, "activity_lines": [ 43.399625, 44.096503, 44.101802, 45.489323 ] }, { "date": "2024-09-13", "close": 44.964579, "volume": 468715, "typical_volume": 484604.65, "trend": 47.519761, "fair_value": 63.796759, "relative_strength": -23.497408, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -34.904876, "energy": 20.371036, "activity_lines": [ 43.702794, 44.270082, 44.116019, 45.300334 ] }, { "date": "2024-09-20", "close": 44.897698, "volume": 476478, "typical_volume": 497229.5, "trend": 47.181919, "fair_value": 63.649422, "relative_strength": -23.882901, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -33.729143, "energy": 18.653496, "activity_lines": [ 44.030815, 44.323104, 44.145946, 45.131169 ] }, { "date": "2024-09-27", "close": 43.933637, "volume": 365356, "typical_volume": 492946.1, "trend": 46.787449, "fair_value": 63.480003, "relative_strength": -25.382196, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -33.7847, "energy": 18.312937, "activity_lines": [ 43.975151, 44.182592, 44.108322, 44.921602 ] }, { "date": "2024-10-04", "close": 41.238201, "volume": 330036, "typical_volume": 483656.7, "trend": 46.336768, "fair_value": 63.295737, "relative_strength": -29.245118, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -54.178406, "energy": 24.864352, "activity_lines": [ 43.126407, 43.581639, 43.829534, 44.563586 ] }, { "date": "2024-10-11", "close": 41.149665, "volume": 277430, "typical_volume": 479978.65, "trend": 45.927546, "fair_value": 63.11951, "relative_strength": -29.612225, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -56.503123, "energy": 32.754624, "activity_lines": [ 42.484134, 43.075914, 43.56976, 44.228934 ] }, { "date": "2024-10-18", "close": 43.304046, "volume": 329829, "typical_volume": 450133.2, "trend": 45.561366, "fair_value": 62.961832, "relative_strength": -25.384842, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -47.942671, "energy": 33.066875, "activity_lines": [ 42.506564, 43.013757, 43.539904, 44.059676 ] }, { "date": "2024-10-25", "close": 42.428521, "volume": 254505, "typical_volume": 448275.65, "trend": 45.07936, "fair_value": 62.811013, "relative_strength": -26.223651, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -48.372004, "energy": 35.262512, "activity_lines": [ 42.347855, 42.835462, 43.429419, 43.857557 ] }, { "date": "2024-11-01", "close": 42.438359, "volume": 330046, "typical_volume": 443255.15, "trend": 44.705248, "fair_value": 62.621221, "relative_strength": -24.206606, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -47.377714, "energy": 27.446924, "activity_lines": [ 42.357037, 42.68685, 43.329086, 43.68717 ] }, { "date": "2024-11-08", "close": 48.645731, "volume": 572247, "typical_volume": 450746.15, "trend": 44.665231, "fair_value": 62.471406, "relative_strength": -16.947463, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -2.770751, "energy": 8.409689, "activity_lines": [ 44.535027, 43.722784, 43.821904, 43.941395 ] }, { "date": "2024-11-15", "close": 48.655568, "volume": 387832, "typical_volume": 438150.35, "trend": 44.598731, "fair_value": 62.33949, "relative_strength": -13.309168, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 36.317262, "energy": 37.108259, "activity_lines": [ 46.222462, 44.690183, 44.284894, 44.198836 ] }, { "date": "2024-11-22", "close": 50.839462, "volume": 292769, "typical_volume": 421228.6, "trend": 44.640012, "fair_value": 62.258925, "relative_strength": -10.374499, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 46.375808, "energy": 59.32445, "activity_lines": [ 48.137468, 45.903612, 44.927915, 44.601463 ] }, { "date": "2024-11-29", "close": 51.606776, "volume": 460634, "typical_volume": 406851.3, "trend": 44.693791, "fair_value": 62.205605, "relative_strength": -8.917337, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 73.923391, "energy": 77.726595, "activity_lines": [ 49.805884, 47.149737, 45.587647, 45.050932 ] }, { "date": "2024-12-06", "close": 50.465642, "volume": 375310, "typical_volume": 397669.35, "trend": 44.802713, "fair_value": 62.132123, "relative_strength": -12.847903, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 63.436658, "energy": 75.667581, "activity_lines": [ 50.482038, 48.0664, 46.101973, 45.42331 ] }, { "date": "2024-12-13", "close": 51.242793, "volume": 379473, "typical_volume": 399534.15, "trend": 44.944079, "fair_value": 62.063308, "relative_strength": -11.284707, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 68.087819, "energy": 78.158535, "activity_lines": [ 50.88209, 49.005599, 46.66697, 45.838799 ] }, { "date": "2024-12-20", "close": 55.951219, "volume": 1208340, "typical_volume": 431675.95, "trend": 45.264297, "fair_value": 61.96839, "relative_strength": 0.007956, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 83.650971, "energy": 82.366764, "activity_lines": [ 52.67848, 50.618974, 47.661905, 46.548937 ] }, { "date": "2024-12-27", "close": 56.818069, "volume": 294867, "typical_volume": 407148.5, "trend": 45.695474, "fair_value": 61.846645, "relative_strength": 1.555863, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 81.406905, "energy": 84.033175, "activity_lines": [ 54.277444, 52.120839, 48.682496, 47.294341 ] }, { "date": "2025-01-03", "close": 55.714805, "volume": 404746, "typical_volume": 400799.55, "trend": 46.073856, "fair_value": 61.63571, "relative_strength": 1.183863, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 70.280654, "energy": 78.927123, "activity_lines": [ 55.110079, 53.176401, 49.544937, 47.94075 ] }, { "date": "2025-01-10", "close": 53.390072, "volume": 360572, "typical_volume": 407155.85, "trend": 46.425096, "fair_value": 61.447874, "relative_strength": -0.024645, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.193348, "energy": 62.859669, "activity_lines": [ 54.893935, 53.567716, 50.130012, 48.412764 ] }, { "date": "2025-01-17", "close": 51.538165, "volume": 294833, "typical_volume": 408705.45, "trend": 46.736868, "fair_value": 61.32654, "relative_strength": -5.388986, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 61.01155, "energy": 48.609943, "activity_lines": [ 53.865526, 53.423198, 50.501213, 48.742639 ] }, { "date": "2025-01-24", "close": 56.276288, "volume": 279902, "typical_volume": 407196.0, "trend": 47.186607, "fair_value": 61.269836, "relative_strength": 2.503127, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 69.366311, "energy": 46.701734, "activity_lines": [ 54.3968, 54.087567, 51.291472, 49.358086 ] }, { "date": "2025-01-31", "close": 54.710048, "volume": 259147, "typical_volume": 396717.6, "trend": 47.710186, "fair_value": 61.178319, "relative_strength": 1.778318, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 58.408708, "energy": 38.389109, "activity_lines": [ 54.384322, 54.328607, 51.856718, 49.843469 ] }, { "date": "2025-02-07", "close": 51.193395, "volume": 225928, "typical_volume": 384190.1, "trend": 47.953499, "fair_value": 61.090779, "relative_strength": -4.33145, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 42.970187, "energy": 28.375446, "activity_lines": [ 53.340162, 53.859881, 52.040638, 50.068192 ] }, { "date": "2025-02-14", "close": 51.370705, "volume": 554703, "typical_volume": 393657.45, "trend": 48.147065, "fair_value": 61.019913, "relative_strength": -6.084859, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 39.043238, "energy": 24.742209, "activity_lines": [ 52.656533, 53.430909, 52.211465, 50.288657 ] }, { "date": "2025-02-21", "close": 51.291901, "volume": 290420, "typical_volume": 391676.65, "trend": 48.278091, "fair_value": 60.931819, "relative_strength": -3.543795, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 33.434049, "energy": 19.717711, "activity_lines": [ 52.08126, 52.971154, 52.339372, 50.49155 ] }, { "date": "2025-02-28", "close": 49.026271, "volume": 209359, "typical_volume": 388273.1, "trend": 48.445566, "fair_value": 60.850543, "relative_strength": -4.017897, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 6.508297, "energy": 14.681308, "activity_lines": [ 50.767194, 52.098573, 52.20363, 50.539819 ] }, { "date": "2025-03-07", "close": 45.962744, "volume": 336151, "typical_volume": 388589.2, "trend": 48.455266, "fair_value": 60.778144, "relative_strength": -6.445548, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -10.109563, "energy": 22.137378, "activity_lines": [ 48.915287, 50.794895, 51.738616, 50.379637 ] }, { "date": "2025-03-14", "close": 44.721573, "volume": 423136, "typical_volume": 397020.75, "trend": 48.48056, "fair_value": 60.664251, "relative_strength": -6.116527, "stage": 1, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -33.829229, "energy": 41.674015, "activity_lines": [ 47.232811, 49.462919, 51.142735, 50.138754 ] }, { "date": "2025-03-21", "close": 44.532728, "volume": 234226, "typical_volume": 392229.75, "trend": 48.447831, "fair_value": 60.562324, "relative_strength": -6.205353, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -35.625104, "energy": 62.076067, "activity_lines": [ 45.91884, 48.296485, 50.517949, 49.884055 ] }, { "date": "2025-03-28", "close": 43.970396, "volume": 221143, "typical_volume": 374674.55, "trend": 48.420912, "fair_value": 60.455606, "relative_strength": -4.525518, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -34.907681, "energy": 64.713446, "activity_lines": [ 44.873291, 47.188851, 49.829634, 49.595188 ] }, { "date": "2025-04-04", "close": 39.264568, "volume": 452820, "typical_volume": 377923.95, "trend": 48.384788, "fair_value": 60.336646, "relative_strength": -4.857556, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -59.691503, "energy": 76.911344, "activity_lines": [ 42.747233, 45.363208, 48.715409, 49.004456 ] }, { "date": "2025-04-11", "close": 36.660084, "volume": 548472, "typical_volume": 390709.1, "trend": 48.107971, "fair_value": 60.175073, "relative_strength": -16.818581, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -61.090145, "energy": 81.662277, "activity_lines": [ 40.403794, 43.373327, 47.397857, 48.248024 ] }, { "date": "2025-04-18", "close": 37.005375, "volume": 214687, "typical_volume": 378411.75, "trend": 47.844894, "fair_value": 60.018274, "relative_strength": -13.40838, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -79.779259, "energy": 90.589236, "activity_lines": [ 38.795629, 41.774406, 46.180711, 47.531727 ] }, { "date": "2025-04-25", "close": 39.905823, "volume": 239480, "typical_volume": 371620.25, "trend": 47.710633, "fair_value": 59.887125, "relative_strength": -11.692123, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.39989, "energy": 85.607677, "activity_lines": [ 38.668693, 40.960804, 45.309328, 47.019529 ] }, { "date": "2025-05-02", "close": 41.148872, "volume": 232729, "typical_volume": 364283.05, "trend": 47.707655, "fair_value": 59.762944, "relative_strength": -11.414167, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.798683, "energy": 71.349926, "activity_lines": [ 39.264568, 40.581664, 44.606616, 46.59619 ] }, { "date": "2025-05-09", "close": 41.474433, "volume": 174828, "typical_volume": 312607.45, "trend": 47.718481, "fair_value": 59.663396, "relative_strength": -10.148192, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.512296, "energy": 51.266842, "activity_lines": [ 40.157064, 40.446134, 43.982976, 46.194046 ] }, { "date": "2025-05-16", "close": 42.431383, "volume": 294437, "typical_volume": 312585.95, "trend": 47.689392, "fair_value": 59.599897, "relative_strength": -13.577442, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -44.818253, "energy": 34.498957, "activity_lines": [ 41.221219, 40.621902, 43.51941, 45.852943 ] }, { "date": "2025-05-23", "close": 38.712101, "volume": 215374, "typical_volume": 303117.35, "trend": 47.565512, "fair_value": 59.486452, "relative_strength": -18.825194, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -53.917349, "energy": 37.209561, "activity_lines": [ 40.66086, 40.185644, 42.770136, 45.273763 ] }, { "date": "2025-05-30", "close": 39.688783, "volume": 110686, "typical_volume": 290623.05, "trend": 47.473859, "fair_value": 59.398627, "relative_strength": -17.997506, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -47.264651, "energy": 35.724734, "activity_lines": [ 40.31228, 40.036227, 42.194844, 44.765587 ] }, { "date": "2025-06-06", "close": 41.119276, "volume": 167431, "typical_volume": 284252.95, "trend": 47.222977, "fair_value": 59.332276, "relative_strength": -16.450802, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -44.399113, "energy": 34.221599, "activity_lines": [ 40.455001, 40.234971, 41.821034, 44.355614 ] }, { "date": "2025-06-13", "close": 39.205375, "volume": 215091, "typical_volume": 281012.4, "trend": 46.907971, "fair_value": 59.270016, "relative_strength": -19.633011, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.267673, "energy": 43.243598, "activity_lines": [ 39.961728, 40.137572, 41.314562, 43.838349 ] }, { "date": "2025-06-20", "close": 39.006409, "volume": 156129, "typical_volume": 275861.5, "trend": 46.513536, "fair_value": 59.209483, "relative_strength": -19.782072, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -60.055941, "energy": 41.247487, "activity_lines": [ 39.553403, 40.005074, 40.87043, 43.328571 ] }, { "date": "2025-06-27", "close": 38.423339, "volume": 240854, "typical_volume": 276607.8, "trend": 46.074088, "fair_value": 59.145899, "relative_strength": -23.818369, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.579415, "energy": 41.956912, "activity_lines": [ 39.179053, 39.723902, 40.445547, 42.806623 ] }, { "date": "2025-07-04", "close": 40.548086, "volume": 260352, "typical_volume": 261890.25, "trend": 45.743503, "fair_value": 59.09356, "relative_strength": -20.678818, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -54.801815, "energy": 37.891324, "activity_lines": [ 39.532203, 39.803267, 40.283831, 42.450107 ] }, { "date": "2025-07-11", "close": 39.549949, "volume": 440861, "typical_volume": 269412.3, "trend": 45.353741, "fair_value": 59.017881, "relative_strength": -22.058477, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -52.890523, "energy": 36.263976, "activity_lines": [ 39.495353, 39.689475, 40.07859, 42.050523 ] }, { "date": "2025-07-18", "close": 36.950839, "volume": 311663, "typical_volume": 274527.5, "trend": 44.720395, "fair_value": 58.910974, "relative_strength": -27.631833, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -69.018787, "energy": 43.963654, "activity_lines": [ 38.696756, 39.132188, 39.681729, 41.5084 ] }, { "date": "2025-07-25", "close": 37.73156, "volume": 492116, "typical_volume": 282325.75, "trend": 44.084178, "fair_value": 58.796758, "relative_strength": -26.204042, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -60.650929, "energy": 41.048302, "activity_lines": [ 38.308701, 38.799099, 39.416725, 41.057507 ] }, { "date": "2025-08-01", "close": 34.875505, "volume": 338735, "typical_volume": 278105.7, "trend": 43.389535, "fair_value": 58.653855, "relative_strength": -29.718294, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -76.124199, "energy": 64.231918, "activity_lines": [ 37.053618, 38.032177, 38.918911, 40.463399 ] }, { "date": "2025-08-08", "close": 34.628441, "volume": 381261, "typical_volume": 285457.45, "trend": 42.764147, "fair_value": 58.432913, "relative_strength": -32.119187, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -73.018932, "energy": 73.143386, "activity_lines": [ 35.952702, 37.290092, 38.444454, 39.898168 ] }, { "date": "2025-08-15", "close": 37.0299, "volume": 438349, "typical_volume": 296317.75, "trend": 42.280538, "fair_value": 58.227427, "relative_strength": -27.307073, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.08738, "energy": 62.050869, "activity_lines": [ 36.046916, 37.076641, 38.24587, 39.528216 ] }, { "date": "2025-08-22", "close": 37.405436, "volume": 469814, "typical_volume": 297167.45, "trend": 41.65151, "fair_value": 58.04773, "relative_strength": -25.393383, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -59.775374, "energy": 51.494458, "activity_lines": [ 36.434312, 37.005822, 38.116102, 39.213693 ] }, { "date": "2025-08-29", "close": 36.772954, "volume": 375070, "typical_volume": 288497.35, "trend": 41.053607, "fair_value": 57.878356, "relative_strength": -25.964539, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -55.15843, "energy": 38.626006, "activity_lines": [ 36.580573, 36.852733, 37.93495, 38.898948 ] }, { "date": "2025-09-05", "close": 35.735286, "volume": 316986, "typical_volume": 293612.3, "trend": 40.538336, "fair_value": 57.685827, "relative_strength": -28.311076, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -59.236685, "energy": 34.816273, "activity_lines": [ 36.444853, 36.551584, 37.654435, 38.55583 ] }, { "date": "2025-09-12", "close": 34.499968, "volume": 310180, "typical_volume": 297147.3, "trend": 39.975979, "fair_value": 57.479819, "relative_strength": -31.486846, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.142406, "energy": 41.808336, "activity_lines": [ 35.840041, 36.074707, 37.262319, 38.166258 ] }, { "date": "2025-09-19", "close": 27.044948, "volume": 4616667, "typical_volume": 516344.2, "trend": 39.167747, "fair_value": 57.258992, "relative_strength": -46.851824, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -88.238462, "energy": 76.362502, "activity_lines": [ 32.758788, 34.352337, 36.185943, 37.331998 ] }, { "date": "2025-09-26", "close": 29.749443, "volume": 1169907, "typical_volume": 566098.15, "trend": 38.525186, "fair_value": 57.040924, "relative_strength": -40.72566, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -74.969617, "energy": 81.220709, "activity_lines": [ 31.244696, 33.349056, 35.434299, 36.724366 ] }, { "date": "2025-10-03", "close": 30.898605, "volume": 620317, "typical_volume": 582392.15, "trend": 38.023048, "fair_value": 56.813332, "relative_strength": -38.698091, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.857974, "energy": 79.805741, "activity_lines": [ 30.624058, 32.685649, 34.847933, 36.232328 ] }, { "date": "2025-10-10", "close": 26.361394, "volume": 647971, "typical_volume": 604022.0, "trend": 37.411042, "fair_value": 56.525376, "relative_strength": -45.999779, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -82.988637, "energy": 88.673798, "activity_lines": [ 28.882639, 31.32153, 33.88437, 35.479964 ] }, { "date": "2025-10-17", "close": 26.628872, "volume": 480943, "typical_volume": 622534.85, "trend": 36.814247, "fair_value": 56.203286, "relative_strength": -46.206164, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -74.918745, "energy": 82.785433, "activity_lines": [ 27.855306, 30.160846, 33.005093, 34.78434 ] }, { "date": "2025-10-24", "close": 26.321768, "volume": 368326, "typical_volume": 632579.6, "trend": 36.225959, "fair_value": 55.847073, "relative_strength": -47.425272, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -73.202944, "energy": 79.395785, "activity_lines": [ 27.250344, 29.089771, 32.158759, 34.107406 ] }, { "date": "2025-10-31", "close": 24.677277, "volume": 505197, "typical_volume": 647084.9, "trend": 35.739716, "fair_value": 55.509283, "relative_strength": -51.087847, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -77.563646, "energy": 84.422926, "activity_lines": [ 26.145431, 27.914391, 31.226271, 33.362329 ] }, { "date": "2025-11-07", "close": 23.498394, "volume": 551484, "typical_volume": 666852.65, "trend": 35.300993, "fair_value": 55.138536, "relative_strength": -51.287041, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -77.458051, "energy": 82.528468, "activity_lines": [ 24.985701, 26.756089, 30.250689, 32.572567 ] }, { "date": "2025-11-14", "close": 23.795592, "volume": 371997, "typical_volume": 673409.8, "trend": 34.860667, "fair_value": 54.747548, "relative_strength": -49.875618, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -73.012464, "energy": 79.483516, "activity_lines": [ 24.418385, 25.89318, 29.37726, 31.830283 ] }, { "date": "2025-11-21", "close": 24.271107, "volume": 745765, "typical_volume": 697680.45, "trend": 34.33951, "fair_value": 54.347285, "relative_strength": -46.454616, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.41718, "energy": 66.960535, "activity_lines": [ 24.180627, 25.333812, 28.618774, 31.147085 ] }, { "date": "2025-11-28", "close": 24.132415, "volume": 350615, "typical_volume": 693168.15, "trend": 33.772295, "fair_value": 53.9395, "relative_strength": -48.458874, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.171228, "energy": 59.85678, "activity_lines": [ 24.053823, 24.935208, 27.924589, 30.488563 ] }, { "date": "2025-12-05", "close": 25.776907, "volume": 629480, "typical_volume": 709059.0, "trend": 33.249044, "fair_value": 53.581545, "relative_strength": -44.719506, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -60.185494, "energy": 50.859574, "activity_lines": [ 24.62114, 24.888557, 27.460438, 29.972731 ] }, { "date": "2025-12-12", "close": 26.747751, "volume": 749777, "typical_volume": 721942.05, "trend": 32.726256, "fair_value": 53.169234, "relative_strength": -40.71032, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -45.614274, "energy": 36.697748, "activity_lines": [ 25.438762, 25.090651, 27.141959, 29.553293 ] }, { "date": "2025-12-19", "close": 22.937419, "volume": 701896, "typical_volume": 740100.1, "trend": 32.200433, "fair_value": 52.719477, "relative_strength": -48.478427, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -59.893068, "energy": 43.966137, "activity_lines": [ 24.76965, 24.675428, 26.512894, 28.921755 ] }, { "date": "2025-12-26", "close": 23.165899, "volume": 349146, "typical_volume": 738494.35, "trend": 31.64967, "fair_value": 52.284643, "relative_strength": -47.595201, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.35534, "energy": 47.325188, "activity_lines": [ 24.23391, 24.364, 25.962437, 28.338882 ] }, { "date": "2026-01-02", "close": 23.275172, "volume": 499615, "typical_volume": 741557.65, "trend": 31.054867, "fair_value": 51.84788, "relative_strength": -45.38531, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.570588, "energy": 49.519023, "activity_lines": [ 23.808275, 24.135404, 25.476971, 27.798592 ] }, { "date": "2026-01-09", "close": 25.55004, "volume": 350910, "typical_volume": 735612.45, "trend": 30.599689, "fair_value": 51.416373, "relative_strength": -40.267258, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -58.397153, "energy": 47.171002, "activity_lines": [ 24.198078, 24.375812, 25.273658, 27.443442 ] }, { "date": "2026-01-16", "close": 25.192419, "volume": 442152, "typical_volume": 738966.55, "trend": 30.139223, "fair_value": 50.990022, "relative_strength": -39.592896, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -54.703181, "energy": 39.222542, "activity_lines": [ 24.483799, 24.53533, 25.092739, 27.094586 ] }, { "date": "2026-01-23", "close": 24.81493, "volume": 337351, "typical_volume": 739984.8, "trend": 29.685609, "fair_value": 50.559687, "relative_strength": -39.476932, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -41.489742, "energy": 28.075316, "activity_lines": [ 24.747379, 24.595414, 24.931015, 26.751083 ] }, { "date": "2026-01-30", "close": 23.881141, "volume": 341033, "typical_volume": 741527.45, "trend": 29.130044, "fair_value": 50.127873, "relative_strength": -40.512896, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -45.881229, "energy": 26.701134, "activity_lines": [ 24.574529, 24.467184, 24.732361, 26.376601 ] }, { "date": "2026-02-06", "close": 24.139423, "volume": 434424, "typical_volume": 532415.3, "trend": 28.61636, "fair_value": 49.772329, "relative_strength": -37.570829, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -43.152562, "energy": 27.355385, "activity_lines": [ 24.44009, 24.393004, 24.60887, 26.054626 ] }, { "date": "2026-02-13", "close": 22.589732, "volume": 333106, "typical_volume": 490575.25, "trend": 28.137657, "fair_value": 49.397148, "relative_strength": -39.761578, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.582379, "energy": 40.781192, "activity_lines": [ 23.73147, 24.036936, 24.351625, 25.665811 ] }, { "date": "2026-02-20", "close": 23.086428, "volume": 209478, "typical_volume": 470033.3, "trend": 27.649486, "fair_value": 49.005059, "relative_strength": -37.983958, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -59.811872, "energy": 44.368788, "activity_lines": [ 23.38577, 23.829124, 24.175779, 25.339925 ] }, { "date": "2026-02-27", "close": 21.983763, "volume": 312814, "typical_volume": 453275.45, "trend": 27.219761, "fair_value": 48.598702, "relative_strength": -39.644846, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -68.54827, "energy": 56.820174, "activity_lines": [ 22.812914, 23.487397, 23.932118, 24.974395 ] }, { "date": "2026-03-06", "close": 22.887749, "volume": 353974, "typical_volume": 446927.0, "trend": 26.828404, "fair_value": 48.23889, "relative_strength": -35.21463, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -58.923934, "energy": 52.690536, "activity_lines": [ 22.730131, 23.32737, 23.795397, 24.69491 ] }, { "date": "2026-03-13", "close": 21.278455, "volume": 297551, "typical_volume": 443388.25, "trend": 26.303356, "fair_value": 47.885114, "relative_strength": -37.986648, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -71.583481, "energy": 61.744074, "activity_lines": [ 22.177143, 22.879802, 23.523224, 24.336849 ] }, { "date": "2026-03-20", "close": 21.646935, "volume": 578913, "typical_volume": 447074.05, "trend": 25.778073, "fair_value": 47.539839, "relative_strength": -34.429552, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.208243, "energy": 62.592, "activity_lines": [ 21.937713, 22.535535, 23.310161, 24.036434 ] }, { "date": "2026-03-27", "close": 22.903275, "volume": 559214, "typical_volume": 447460.55, "trend": 25.31575, "fair_value": 47.19698, "relative_strength": -26.988231, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -56.64164, "energy": 39.848851, "activity_lines": [ 22.179916, 22.490658, 23.231179, 23.850964 ] }, { "date": "2026-04-03", "close": 21.726703, "volume": 369718, "typical_volume": 447346.6, "trend": 24.848797, "fair_value": 46.866811, "relative_strength": -32.074469, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -60.168128, "energy": 40.519246, "activity_lines": [ 22.042139, 22.27348, 23.042977, 23.619412 ] }, { "date": "2026-04-10", "close": 24.099789, "volume": 349397, "typical_volume": 427528.2, "trend": 24.502125, "fair_value": 46.550477, "relative_strength": -26.80057, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -31.093605, "energy": 18.997339, "activity_lines": [ 22.712527, 22.543921, 23.090635, 23.571089 ] }, { "date": "2026-04-17", "close": 26.143834, "volume": 231054, "typical_volume": 421550.15, "trend": 24.472088, "fair_value": 46.248561, "relative_strength": -24.038075, "stage": 1, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -3.192877, "energy": 12.736981, "activity_lines": [ 23.983461, 23.182032, 23.333779, 23.677006 ] }, { "date": "2026-04-24", "close": 25.914503, "volume": 194270, "typical_volume": 399789.65, "trend": 24.344256, "fair_value": 45.945489, "relative_strength": -25.084712, "stage": 1, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "mixed", "direction": 24.690677, "energy": 27.604209, "activity_lines": [ 24.853593, 23.742002, 23.545504, 23.770065 ] }, { "date": "2026-05-01", "close": 25.276362, "volume": 188829, "typical_volume": 371742.25, "trend": 24.156848, "fair_value": 45.638764, "relative_strength": -26.772524, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 20.14529, "energy": 30.972541, "activity_lines": [ 25.226507, 24.125496, 23.695799, 23.830201 ] }, { "date": "2026-05-08", "close": 25.276362, "volume": 191706, "typical_volume": 346232.75, "trend": 24.120681, "fair_value": 45.348389, "relative_strength": -29.268073, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 20.250059, "energy": 40.552892, "activity_lines": [ 25.441215, 24.469174, 23.8531, 23.902427 ] }, { "date": "2026-05-15", "close": 24.00008, "volume": 330393, "typical_volume": 345295.1, "trend": 24.033054, "fair_value": 45.037241, "relative_strength": -31.365742, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 17.154155, "energy": 27.042069, "activity_lines": [ 24.993852, 24.520934, 23.877713, 23.894647 ] }, { "date": "2026-05-22", "close": 24.229412, "volume": 214606, "typical_volume": 331044.65, "trend": 23.963309, "fair_value": 44.724369, "relative_strength": -30.386977, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 20.447994, "energy": 14.082338, "activity_lines": [ 24.62958, 24.594167, 23.920195, 23.907315 ] }, { "date": "2026-05-29", "close": 25.296304, "volume": 275925, "typical_volume": 327295.4, "trend": 23.983943, "fair_value": 44.406997, "relative_strength": -28.156475, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 43.150864, "energy": 20.78057, "activity_lines": [ 24.748566, 24.807727, 24.059741, 23.993315 ] }, { "date": "2026-06-05", "close": 24.588366, "volume": 203678, "typical_volume": 315371.7, "trend": 24.020276, "fair_value": 44.082519, "relative_strength": -25.583239, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 35.016621, "energy": 15.530896, "activity_lines": [ 24.672787, 24.826219, 24.133073, 24.03231 ] }, { "date": "2026-06-12", "close": 27.260581, "volume": 261780, "typical_volume": 311593.15, "trend": 24.135775, "fair_value": 43.777369, "relative_strength": -18.11854, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 66.600745, "energy": 38.161539, "activity_lines": [ 25.533612, 25.29993, 24.463778, 24.241362 ] }, { "date": "2026-06-19", "close": 28.27, "volume": 240778, "typical_volume": 306580.4, "trend": 24.269072, "fair_value": 43.501321, "relative_strength": -16.032578, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 72.799996, "energy": 64.964936, "activity_lines": [ 26.598629, 25.856555, 24.878973, 24.508086 ] }, { "date": "2026-06-26", "close": 26.99, "volume": 373258, "typical_volume": 303522.1, "trend": 24.364324, "fair_value": 43.197947, "relative_strength": -14.901273, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 60.003936, "energy": 64.626484, "activity_lines": [ 26.952319, 26.104631, 25.151363, 24.68363 ] }, { "date": "2026-07-03", "close": 27.44, "volume": 169727, "typical_volume": 295353.15, "trend": 24.419761, "fair_value": 42.898084, "relative_strength": -12.927717, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.260398, "energy": 69.457063, "activity_lines": [ 27.271969, 26.419141, 25.453036, 24.88206 ] }, { "date": "2026-07-10", "close": 26.72, "volume": 177108, "typical_volume": 293734.65, "trend": 24.418836, "fair_value": 42.631597, "relative_strength": -15.441637, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 59.578557, "energy": 62.224508, "activity_lines": [ 27.208705, 26.575005, 25.663041, 25.030463 ] }, { "date": "2026-07-17", "close": 26.18, "volume": 179766, "typical_volume": 287082.25, "trend": 24.526922, "fair_value": 42.364281, "relative_strength": -12.45574, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 55.57104, "energy": 36.834498, "activity_lines": [ 26.823333, 26.60644, 25.804315, 25.144086 ] }, { "date": "2026-07-24", "close": 26.07, "volume": 159555, "typical_volume": 277361.3, "trend": 24.623725, "fair_value": 42.100899, "relative_strength": -10.255069, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 41.688289, "energy": 26.343706, "activity_lines": [ 26.473333, 26.601444, 25.915131, 25.24364 ] }, { "date": "2026-07-31", "close": 25.09, "volume": 164621, "typical_volume": 270714.8, "trend": 24.68422, "fair_value": 41.830044, "relative_strength": -13.047941, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 30.158118, "energy": 17.705388, "activity_lines": [ 25.943333, 26.380632, 25.91746, 25.273722 ] }, { "date": "2026-08-07", "close": 28.07, "volume": 277488, "typical_volume": 255643.55, "trend": 24.768218, "fair_value": 41.588009, "relative_strength": -6.5059, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 50.603469, "energy": 24.500888, "activity_lines": [ 26.533333, 26.685991, 26.185448, 25.492159 ] } ], "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." } } }