{ "ticker": { "uuid": "2009a9af-9f32-4ca5-a830-e16526772645", "symbol": "3322", "name": "Joinsoon Electronics Manufacturing CO., LTD.", "exchange": "TWO", "country": "TW", "assetType": "equity" }, "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.", "analysis": { "eligible": true, "as_of": "2026-08-14", "benchmark": "^TWII", "stage": 4, "stage_name": "Declining", "phase": "4a", "phase_label": "Stage 4A \u00b7 Breakdown", "transition": "stage_4_declining", "transition_label": "Stage 4 decline intact", "confidence": 96.0, "architecture_regime": "downward_expansion", "architecture_regime_label": "Downward Expansion", "architecture_modifier": "Early contraction", "architecture_gate": "down", "architecture_direction": -64.603, "architecture_energy": 70.92, "architecture_maturity": 20.286, "architecture_confidence": 81.105, "architecture_tenure": "New", "architecture": { "interpretation": { "headline": "The weekly architecture is expanding downward.", "body": "Trend and Activity show sustained negative alignment with weak price acceptance. Repair requires persistent improvement across the structure, not merely one strong observation." }, "scores": { "balance": 13.31, "rotation_up": 9.27, "upward_expansion": 15.75, "deceleration": 37.26, "rotation_down": 77.38, "downward_expansion": 93.75 }, "activity_lines": [ 11.43, 12.240909, 12.934762, 13.250881 ], "activity_state": "Wide", "activity_direction": "Expanding", "rotation_direction": "Weakening", "price_acceptance": -1.0 }, "latest_close": 11.4, "trend_reference": 13.878379, "distance_from_trend": -0.178578, "trend_direction": "Weakening", "fair_value": 17.770102, "distance_from_fair_value": -0.358473, "fair_value_direction": "Weakening", "relative_strength": -42.699501, "relative_strength_direction": "Weakening", "price_momentum": -0.266881, "excess_performance": -0.708253, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.178578, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.024599, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.358473, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -0.062654, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.426995, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.048604, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.266881, "read": "Negative" }, { "label": "Volume balance", "positive": true, "value": 1.151017, "read": "Demand-led" } ], "volume": { "latest": 1319865, "relative_activity": 0.265604, "balance": 1.151017, "dry_up": 0.541004, "accumulation_observations": 2, "distribution_observations": 3 }, "risk": { "range_context": 0.137652, "annualized_volatility": 0.400018, "from_high_reference": -0.383784, "from_low_reference": 0.101449 }, "levels": { "trend_reference": 13.878379, "fair_value_reference": 17.770102, "structural_low": 10.35, "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": 23, "median_return": 0.022989, "positive_rate": 0.521739, "directional_follow_through": 0.478261, "median_excess_return": -0.007513, "regime_survival": 0.73913, "best_return": 0.28395, "worst_return": -0.274052, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 9, "median_return": 0.008333, "positive_rate": 0.555556, "directional_follow_through": 0.444444, "median_excess_return": -0.035086, "regime_survival": 0.555556, "best_return": 0.191406, "worst_return": -0.294766, "sufficient": true }, { "horizon": "Extended", "sample_count": 5, "median_return": -0.066406, "positive_rate": 0.4, "directional_follow_through": 0.6, "median_excess_return": -0.240938, "regime_survival": 0.4, "best_return": 0.517572, "worst_return": -0.288889, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 4, "median_return": 0.0008, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": -0.297538, "regime_survival": 0.75, "best_return": 0.472843, "worst_return": -0.425025, "sufficient": false } ], "ledger": [ { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-04-19", "end": "2024-05-10", "tenure": "New", "return": 0.030517, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2024-05-17", "end": "2024-05-24", "tenure": "New", "return": 0.0, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-05-31", "end": "2024-07-26", "tenure": "Developing", "return": -0.079229, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2024-08-02", "end": "2025-08-22", "tenure": "Extended", "return": -0.223519, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-08-29", "end": "2025-09-26", "tenure": "Developing", "return": -0.082508, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-10-03", "end": "2025-11-14", "tenure": "Developing", "return": -0.091549, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-11-21", "end": "2025-12-12", "tenure": "New", "return": 0.154812, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-12-19", "end": "2025-12-26", "tenure": "New", "return": 0.019169, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-01-02", "end": "2026-02-13", "tenure": "Developing", "return": -0.012698, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-02-27", "end": "2026-03-27", "tenure": "Developing", "return": -0.200627, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2026-04-03", "end": "2026-05-22", "tenure": "Developing", "return": 0.015094, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-05-29", "end": "2026-06-05", "tenure": "New", "return": 0.087786, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-06-12", "end": "2026-07-24", "tenure": "Developing", "return": -0.198697, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-07-31", "end": "2026-08-14", "tenure": "New", "return": 0.045872, "active": true } ], "chart_path": [ { "date": "2023-08-11", "close": 20.227207, "volume": 5509000, "typical_volume": 6882950.0, "trend": 20.081122, "fair_value": 16.765289, "relative_strength": -4.106431, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 48.952123, "energy": 55.11153, "activity_lines": [ 21.05877, 20.559949, 20.14029, 20.197379 ] }, { "date": "2023-08-18", "close": 21.094086, "volume": 5047000, "typical_volume": 5881600.0, "trend": 20.185468, "fair_value": 16.857406, "relative_strength": 1.076813, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 48.780083, "energy": 48.750124, "activity_lines": [ 21.081244, 20.736828, 20.217117, 20.262732 ] }, { "date": "2023-08-25", "close": 19.938248, "volume": 2166000, "typical_volume": 5754300.0, "trend": 20.251287, "fair_value": 16.942835, "relative_strength": -5.042811, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "mixed", "direction": -2.441065, "energy": 7.004478, "activity_lines": [ 20.660647, 20.665026, 20.191431, 20.246782 ] }, { "date": "2023-09-01", "close": 20.468008, "volume": 1876000, "typical_volume": 5319850.0, "trend": 20.252893, "fair_value": 17.029735, "relative_strength": -3.239137, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 5.73498, "energy": 7.573183, "activity_lines": [ 20.490482, 20.67816, 20.227895, 20.260764 ] }, { "date": "2023-09-08", "close": 21.173483, "volume": 4537000, "typical_volume": 4768400.0, "trend": 20.302094, "fair_value": 17.121156, "relative_strength": 0.813989, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 40.757075, "energy": 17.854547, "activity_lines": [ 20.664638, 20.793294, 20.338428, 20.320157 ] }, { "date": "2023-09-15", "close": 22.509193, "volume": 35272000, "typical_volume": 6257900.0, "trend": 20.395819, "fair_value": 17.218551, "relative_strength": 5.142554, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 63.822244, "energy": 32.027487, "activity_lines": [ 21.307634, 21.116566, 20.57304, 20.46255 ] }, { "date": "2023-09-22", "close": 23.548079, "volume": 16802000, "typical_volume": 6959450.0, "trend": 20.512936, "fair_value": 17.322606, "relative_strength": 13.671053, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 72.542601, "energy": 61.635758, "activity_lines": [ 22.144792, 21.574102, 20.897562, 20.665922 ] }, { "date": "2023-09-29", "close": 24.685907, "volume": 43645000, "typical_volume": 8653350.0, "trend": 20.682428, "fair_value": 17.432569, "relative_strength": 18.71198, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 76.617839, "energy": 74.788391, "activity_lines": [ 23.197627, 22.178136, 21.318305, 20.935146 ] }, { "date": "2023-10-06", "close": 24.092258, "volume": 58281000, "typical_volume": 11379700.0, "trend": 20.840159, "fair_value": 17.535658, "relative_strength": 14.349062, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.900805, "energy": 74.378337, "activity_lines": [ 23.736068, 22.608052, 21.652792, 21.155135 ] }, { "date": "2023-10-13", "close": 23.745962, "volume": 9977000, "typical_volume": 11731150.0, "trend": 20.986347, "fair_value": 17.640921, "relative_strength": 10.743063, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 63.586407, "energy": 72.085543, "activity_lines": [ 23.917461, 22.938881, 21.929472, 21.342606 ] }, { "date": "2023-10-20", "close": 23.251255, "volume": 8817000, "typical_volume": 12033450.0, "trend": 21.008487, "fair_value": 17.742471, "relative_strength": 10.388805, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 60.296358, "energy": 59.325845, "activity_lines": [ 23.762453, 23.139429, 22.13586, 21.488729 ] }, { "date": "2023-10-27", "close": 24.537495, "volume": 16607000, "typical_volume": 12718750.0, "trend": 21.070292, "fair_value": 17.850399, "relative_strength": 18.16714, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.204752, "energy": 46.041394, "activity_lines": [ 23.98672, 23.518856, 22.445531, 21.716407 ] }, { "date": "2023-11-03", "close": 24.83432, "volume": 62980000, "typical_volume": 15707050.0, "trend": 21.151622, "fair_value": 17.961495, "relative_strength": 16.386487, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.48631, "energy": 43.948395, "activity_lines": [ 24.243968, 23.889643, 22.756983, 21.959248 ] }, { "date": "2023-11-10", "close": 24.883789, "volume": 19440000, "typical_volume": 16619450.0, "trend": 21.250655, "fair_value": 18.073751, "relative_strength": 15.163928, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 62.424086, "energy": 43.747706, "activity_lines": [ 24.507812, 24.180406, 23.04685, 22.200033 ] }, { "date": "2023-11-17", "close": 24.735378, "volume": 15345000, "typical_volume": 17239400.0, "trend": 21.391295, "fair_value": 18.184754, "relative_strength": 10.636945, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 59.452246, "energy": 43.918178, "activity_lines": [ 24.669417, 24.363897, 23.294676, 22.424853 ] }, { "date": "2023-11-24", "close": 23.795433, "volume": 10121000, "typical_volume": 17577550.0, "trend": 21.497393, "fair_value": 18.289431, "relative_strength": 5.957086, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 56.01368, "energy": 37.923506, "activity_lines": [ 24.451745, 24.311728, 23.426928, 22.579959 ] }, { "date": "2023-12-01", "close": 22.954432, "volume": 7584000, "typical_volume": 17433150.0, "trend": 21.562616, "fair_value": 18.389139, "relative_strength": 1.406216, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 41.825593, "energy": 25.168831, "activity_lines": [ 23.917462, 24.083263, 23.458654, 22.673962 ] }, { "date": "2023-12-08", "close": 22.707077, "volume": 6969000, "typical_volume": 17339400.0, "trend": 21.704675, "fair_value": 18.487742, "relative_strength": 0.751812, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 32.730615, "energy": 18.099363, "activity_lines": [ 23.406264, 23.820619, 23.453836, 22.747798 ] }, { "date": "2023-12-15", "close": 22.261841, "volume": 5172000, "typical_volume": 17107300.0, "trend": 21.817446, "fair_value": 18.58319, "relative_strength": -2.714349, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 17.173736, "energy": 18.110577, "activity_lines": [ 22.88847, 23.513001, 23.398703, 22.783744 ] }, { "date": "2023-12-22", "close": 21.272425, "volume": 4328000, "typical_volume": 17023750.0, "trend": 21.897236, "fair_value": 18.669828, "relative_strength": -6.509004, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -6.876434, "energy": 20.948365, "activity_lines": [ 22.215668, 23.058769, 23.248596, 22.748581 ] }, { "date": "2023-12-29", "close": 21.717663, "volume": 2730000, "typical_volume": 16884800.0, "trend": 21.98063, "fair_value": 18.753059, "relative_strength": -6.236607, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -21.784694, "energy": 32.349107, "activity_lines": [ 21.922142, 22.730464, 23.142108, 22.736996 ] }, { "date": "2024-01-05", "close": 21.569248, "volume": 2125000, "typical_volume": 16738700.0, "trend": 22.067103, "fair_value": 18.821795, "relative_strength": -4.637988, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -24.52061, "energy": 42.776229, "activity_lines": [ 21.717662, 22.403057, 23.014387, 22.710455 ] }, { "date": "2024-01-12", "close": 21.816603, "volume": 4178000, "typical_volume": 16839300.0, "trend": 22.150584, "fair_value": 18.881581, "relative_strength": -3.455628, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -21.962242, "energy": 42.191396, "activity_lines": [ 21.687979, 22.174592, 22.907961, 22.694294 ] }, { "date": "2024-01-19", "close": 21.321896, "volume": 2304000, "typical_volume": 16860700.0, "trend": 22.227207, "fair_value": 18.946623, "relative_strength": -6.53681, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -25.683176, "energy": 36.943625, "activity_lines": [ 21.552759, 21.911048, 22.745476, 22.64083 ] }, { "date": "2024-01-26", "close": 21.816603, "volume": 3019000, "typical_volume": 16784800.0, "trend": 22.312294, "fair_value": 19.022061, "relative_strength": -6.047569, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -19.599055, "energy": 22.808559, "activity_lines": [ 21.645104, 21.802212, 22.626039, 22.61434 ] }, { "date": "2024-02-02", "close": 22.162899, "volume": 2675000, "typical_volume": 15154950.0, "trend": 22.400897, "fair_value": 19.084067, "relative_strength": -4.783518, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -16.790662, "energy": 18.599358, "activity_lines": [ 21.816603, 21.809408, 22.536521, 22.604701 ] }, { "date": "2024-02-09", "close": 22.113428, "volume": 436000, "typical_volume": 14336650.0, "trend": 22.463771, "fair_value": 19.149066, "relative_strength": -5.126711, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -13.807964, "energy": 15.589623, "activity_lines": [ 21.941929, 21.837291, 22.44394, 22.586155 ] }, { "date": "2024-02-16", "close": 23.350197, "volume": 4591000, "typical_volume": 12383950.0, "trend": 22.54058, "fair_value": 19.2238, "relative_strength": -2.547167, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": 12.769613, "energy": 14.623562, "activity_lines": [ 22.443233, 22.105333, 22.475978, 22.643344 ] }, { "date": "2024-02-23", "close": 24.141727, "volume": 10411000, "typical_volume": 9990450.0, "trend": 22.608456, "fair_value": 19.304511, "relative_strength": -0.726574, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": 30.473788, "energy": 30.069848, "activity_lines": [ 23.106141, 22.505596, 22.58976, 22.746644 ] }, { "date": "2024-03-01", "close": 24.784847, "volume": 13574000, "typical_volume": 10170300.0, "trend": 22.717033, "fair_value": 19.373993, "relative_strength": 1.585901, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 65.933485, "energy": 58.619616, "activity_lines": [ 23.795433, 22.98861, 22.764557, 22.887056 ] }, { "date": "2024-03-08", "close": 24.389082, "volume": 18531000, "typical_volume": 10656000.0, "trend": 22.855762, "fair_value": 19.438832, "relative_strength": -4.307337, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 55.884934, "energy": 59.787247, "activity_lines": [ 24.15492, 23.335805, 22.896715, 22.99493 ] }, { "date": "2024-03-15", "close": 25.724792, "volume": 16922000, "typical_volume": 10671750.0, "trend": 23.010119, "fair_value": 19.512835, "relative_strength": 1.37878, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 69.420703, "energy": 73.595962, "activity_lines": [ 24.811232, 23.877284, 23.150664, 23.180029 ] }, { "date": "2024-03-22", "close": 26.318441, "volume": 34976000, "typical_volume": 9271550.0, "trend": 23.222792, "fair_value": 19.573486, "relative_strength": 1.097358, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 79.459232, "energy": 79.101901, "activity_lines": [ 25.424669, 24.451145, 23.455498, 23.393469 ] }, { "date": "2024-03-29", "close": 23.795433, "volume": 8842000, "typical_volume": 8741650.0, "trend": 23.333706, "fair_value": 19.615858, "relative_strength": -8.540432, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 60.828769, "energy": 47.702047, "activity_lines": [ 24.999221, 24.484425, 23.512979, 23.430413 ] }, { "date": "2024-04-05", "close": 22.954432, "volume": 4388000, "typical_volume": 8193800.0, "trend": 23.393071, "fair_value": 19.653742, "relative_strength": -11.581499, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 37.172599, "energy": 26.985122, "activity_lines": [ 24.316525, 24.319823, 23.495546, 23.405944 ] }, { "date": "2024-04-12", "close": 24.339613, "volume": 9908000, "typical_volume": 8183150.0, "trend": 23.454085, "fair_value": 19.67191, "relative_strength": -7.769241, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 38.223927, "energy": 20.94985, "activity_lines": [ 24.217584, 24.386384, 23.618516, 23.467011 ] }, { "date": "2024-04-19", "close": 21.074541, "volume": 15319000, "typical_volume": 8569900.0, "trend": 23.371634, "fair_value": 19.664333, "relative_strength": -14.89243, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -25.096329, "energy": 23.682973, "activity_lines": [ 23.033584, 23.819719, 23.427936, 23.313492 ] }, { "date": "2024-04-26", "close": 21.618721, "volume": 4601000, "typical_volume": 8451500.0, "trend": 23.269394, "fair_value": 19.662652, "relative_strength": -14.948931, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -22.002917, "energy": 26.868908, "activity_lines": [ 22.340994, 23.370884, 23.298134, 23.200401 ] }, { "date": "2024-05-03", "close": 21.866074, "volume": 2716000, "typical_volume": 8328700.0, "trend": 23.195188, "fair_value": 19.668577, "relative_strength": -14.514545, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -28.967332, "energy": 31.858744, "activity_lines": [ 22.044169, 22.998505, 23.197073, 23.109864 ] }, { "date": "2024-05-10", "close": 21.717663, "volume": 3301000, "typical_volume": 8277350.0, "trend": 23.127578, "fair_value": 19.67957, "relative_strength": -16.466484, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -49.558531, "energy": 43.382297, "activity_lines": [ 21.826498, 22.640517, 23.083761, 23.01454 ] }, { "date": "2024-05-17", "close": 22.261841, "volume": 2767000, "typical_volume": 8279200.0, "trend": 23.094598, "fair_value": 19.696459, "relative_strength": -16.43368, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -45.118481, "energy": 40.560026, "activity_lines": [ 21.872671, 22.437237, 23.020156, 22.958686 ] }, { "date": "2024-05-24", "close": 22.261841, "volume": 3727000, "typical_volume": 8359300.0, "trend": 23.018743, "fair_value": 19.735923, "relative_strength": -17.481588, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -42.536185, "energy": 26.555194, "activity_lines": [ 22.057362, 22.272634, 22.95396, 22.90496 ] }, { "date": "2024-05-31", "close": 23.102842, "volume": 9210000, "typical_volume": 8610900.0, "trend": 22.961027, "fair_value": 19.779273, "relative_strength": -12.703116, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -7.220495, "energy": 8.208656, "activity_lines": [ 22.443233, 22.323904, 22.96456, 22.910386 ] }, { "date": "2024-06-07", "close": 23.449139, "volume": 3678000, "typical_volume": 8679600.0, "trend": 22.913205, "fair_value": 19.815211, "relative_strength": -14.100621, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 13.264335, "energy": 9.950233, "activity_lines": [ 22.845595, 22.496602, 23.002017, 22.941877 ] }, { "date": "2024-06-14", "close": 23.399668, "volume": 3460000, "typical_volume": 8701650.0, "trend": 22.868681, "fair_value": 19.860764, "relative_strength": -16.64452, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 17.386446, "energy": 14.691088, "activity_lines": [ 23.12593, 22.666601, 23.024632, 22.973262 ] }, { "date": "2024-06-21", "close": 23.053371, "volume": 2632000, "typical_volume": 8699500.0, "trend": 22.843946, "fair_value": 19.902292, "relative_strength": -20.381646, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 16.47775, "energy": 15.777737, "activity_lines": [ 23.178698, 22.765542, 23.006728, 22.985177 ] }, { "date": "2024-06-28", "close": 23.251255, "volume": 3568000, "typical_volume": 8856100.0, "trend": 22.85384, "fair_value": 19.948098, "relative_strength": -18.764965, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 27.926503, "energy": 19.081905, "activity_lines": [ 23.244659, 22.923849, 23.00343, 23.011455 ] }, { "date": "2024-07-05", "close": 23.466852, "volume": 6866278, "typical_volume": 8969863.9, "trend": 22.879166, "fair_value": 20.000403, "relative_strength": -19.619898, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 40.697413, "energy": 21.660507, "activity_lines": [ 23.316525, 23.081778, 23.015247, 23.051004 ] }, { "date": "2024-07-12", "close": 22.657606, "volume": 5561884, "typical_volume": 8727408.1, "trend": 22.892358, "fair_value": 20.048424, "relative_strength": -23.29568, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 28.113677, "energy": 12.508598, "activity_lines": [ 23.094374, 23.058969, 22.949437, 23.03671 ] }, { "date": "2024-07-19", "close": 20.975601, "volume": 4138000, "typical_volume": 8255608.1, "trend": 22.882464, "fair_value": 20.089274, "relative_strength": -25.366615, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -35.419734, "energy": 29.630688, "activity_lines": [ 22.364324, 22.71595, 22.730504, 22.913048 ] }, { "date": "2024-07-26", "close": 21.272425, "volume": 2490000, "typical_volume": 7453558.1, "trend": 22.867623, "fair_value": 20.124803, "relative_strength": -21.354297, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -60.607004, "energy": 55.25718, "activity_lines": [ 21.89482, 22.44039, 22.557979, 22.809175 ] }, { "date": "2024-08-02", "close": 19.639891, "volume": 5081000, "typical_volume": 6861508.1, "trend": 22.803311, "fair_value": 20.138129, "relative_strength": -25.340496, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -76.675955, "energy": 74.601289, "activity_lines": [ 20.999868, 21.885996, 22.244815, 22.600934 ] }, { "date": "2024-08-09", "close": 21.173483, "volume": 10845000, "typical_volume": 5654958.1, "trend": 22.781873, "fair_value": 20.172723, "relative_strength": -18.577692, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -57.589386, "energy": 65.109336, "activity_lines": [ 20.856871, 21.658108, 22.106684, 22.495784 ] }, { "date": "2024-08-16", "close": 21.767132, "volume": 9913000, "typical_volume": 5708508.1, "trend": 22.796715, "fair_value": 20.205403, "relative_strength": -19.189401, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -55.834586, "energy": 51.977001, "activity_lines": [ 21.064648, 21.573236, 22.04959, 22.430317 ] }, { "date": "2024-08-23", "close": 22.85549, "volume": 9367000, "typical_volume": 5957458.1, "trend": 22.831344, "fair_value": 20.254692, "relative_strength": -14.172274, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -41.760314, "energy": 24.932441, "activity_lines": [ 21.694576, 21.716829, 22.105808, 22.434109 ] }, { "date": "2024-08-30", "close": 22.756548, "volume": 3539000, "typical_volume": 5639008.1, "trend": 22.851133, "fair_value": 20.30726, "relative_strength": -14.682489, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -23.730484, "energy": 14.660482, "activity_lines": [ 22.166197, 21.852327, 22.153074, 22.429283 ] }, { "date": "2024-09-06", "close": 20.579834, "volume": 9047000, "typical_volume": 5325408.1, "trend": 22.800013, "fair_value": 20.344972, "relative_strength": -19.434874, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -41.465643, "energy": 19.704534, "activity_lines": [ 21.813305, 21.597455, 22.000573, 22.282748 ] }, { "date": "2024-09-13", "close": 20.0, "volume": 2407000, "typical_volume": 5215708.1, "trend": 22.688339, "fair_value": 20.377461, "relative_strength": -22.357139, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -56.694843, "energy": 26.504518, "activity_lines": [ 21.204473, 21.28573, 21.795205, 22.102102 ] }, { "date": "2024-09-20", "close": 19.85, "volume": 1214000, "typical_volume": 5140608.1, "trend": 22.545282, "fair_value": 20.411397, "relative_strength": -23.653803, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -58.693154, "energy": 46.10577, "activity_lines": [ 20.623873, 21.009767, 21.58326, 21.918983 ] }, { "date": "2024-09-27", "close": 19.950001, "volume": 1684000, "typical_volume": 5059758.1, "trend": 22.38412, "fair_value": 20.448081, "relative_strength": -24.715451, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -57.260524, "energy": 56.891556, "activity_lines": [ 20.204415, 20.803032, 21.390438, 21.751545 ] }, { "date": "2024-10-04", "close": 20.25, "volume": 1138000, "typical_volume": 4978308.1, "trend": 22.246151, "fair_value": 20.488795, "relative_strength": -21.082028, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -55.362933, "energy": 55.786796, "activity_lines": [ 20.078656, 20.66949, 21.234606, 21.61386 ] }, { "date": "2024-10-11", "close": 18.950001, "volume": 1798000, "typical_volume": 4881858.1, "trend": 22.020325, "fair_value": 20.517564, "relative_strength": -27.366528, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.367454, "energy": 59.853208, "activity_lines": [ 19.686667, 20.318174, 20.964544, 21.401205 ] }, { "date": "2024-10-18", "close": 18.9, "volume": 1681000, "typical_volume": 4505408.1, "trend": 21.773043, "fair_value": 20.548119, "relative_strength": -28.630054, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.230677, "energy": 56.805356, "activity_lines": [ 19.386667, 19.970311, 20.705491, 21.199894 ] }, { "date": "2024-10-25", "close": 19.549999, "volume": 1842000, "typical_volume": 4413608.1, "trend": 21.631529, "fair_value": 20.583443, "relative_strength": -24.860657, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -56.773748, "energy": 44.533018, "activity_lines": [ 19.376667, 19.781965, 20.528356, 21.056472 ] }, { "date": "2024-11-01", "close": 19.0, "volume": 996000, "typical_volume": 4290408.1, "trend": 21.499714, "fair_value": 20.610124, "relative_strength": -24.276535, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -60.593414, "energy": 48.911104, "activity_lines": [ 19.203333, 19.533931, 20.317408, 20.886696 ] }, { "date": "2024-11-08", "close": 18.4, "volume": 1097000, "typical_volume": 4213658.1, "trend": 21.301727, "fair_value": 20.630551, "relative_strength": -28.186242, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.477997, "energy": 60.356757, "activity_lines": [ 18.893333, 19.246906, 20.070267, 20.686714 ] }, { "date": "2024-11-15", "close": 18.0, "volume": 1808000, "typical_volume": 4125658.1, "trend": 21.199243, "fair_value": 20.646608, "relative_strength": -26.401463, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -71.02675, "energy": 64.452948, "activity_lines": [ 18.573333, 18.966364, 19.807191, 20.4737 ] }, { "date": "2024-11-22", "close": 18.200001, "volume": 6329269, "typical_volume": 4098807.65, "trend": 21.085285, "fair_value": 20.657627, "relative_strength": -25.331643, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.118374, "energy": 64.553859, "activity_lines": [ 18.383334, 18.769091, 19.588168, 20.2802 ] }, { "date": "2024-11-29", "close": 17.700001, "volume": 2827000, "typical_volume": 3962063.45, "trend": 20.946416, "fair_value": 20.667848, "relative_strength": -24.57901, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -68.92713, "energy": 68.041628, "activity_lines": [ 18.073334, 18.513637, 19.346606, 20.061795 ] }, { "date": "2024-12-06", "close": 17.799999, "volume": 867000, "typical_volume": 3798513.45, "trend": 20.815827, "fair_value": 20.682924, "relative_strength": -26.47411, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -68.042999, "energy": 72.165988, "activity_lines": [ 17.92, 18.315455, 19.138175, 19.8588 ] }, { "date": "2024-12-13", "close": 16.950001, "volume": 3300000, "typical_volume": 3839013.45, "trend": 20.638766, "fair_value": 20.687434, "relative_strength": -28.772948, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -77.691299, "energy": 75.444084, "activity_lines": [ 17.563334, 18.001818, 18.863914, 19.609392 ] }, { "date": "2024-12-20", "close": 16.75, "volume": 1922000, "typical_volume": 3681063.45, "trend": 20.455038, "fair_value": 20.67471, "relative_strength": -27.390145, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -75.972108, "energy": 77.690423, "activity_lines": [ 17.236667, 17.711818, 18.591189, 19.358504 ] }, { "date": "2024-12-27", "close": 17.4, "volume": 4559000, "typical_volume": 3366763.45, "trend": 20.264943, "fair_value": 20.651103, "relative_strength": -26.412688, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.801144, "energy": 62.616915, "activity_lines": [ 17.21, 17.58, 18.394129, 19.161405 ] }, { "date": "2025-01-03", "close": 17.299999, "volume": 458000, "typical_volume": 2894013.45, "trend": 20.059972, "fair_value": 20.587726, "relative_strength": -24.986352, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.647173, "energy": 51.253814, "activity_lines": [ 17.203333, 17.457273, 18.205515, 18.970118 ] }, { "date": "2025-01-10", "close": 16.9, "volume": 1181000, "typical_volume": 2484713.45, "trend": 19.843316, "fair_value": 20.523892, "relative_strength": -26.330953, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.799253, "energy": 50.876955, "activity_lines": [ 17.09, 17.302727, 18.000077, 18.766249 ] }, { "date": "2025-01-17", "close": 16.6, "volume": 706000, "typical_volume": 2343063.45, "trend": 19.628204, "fair_value": 20.473184, "relative_strength": -27.379812, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.316322, "energy": 50.503044, "activity_lines": [ 16.936666, 17.131818, 17.794428, 18.557003 ] }, { "date": "2025-01-24", "close": 16.75, "volume": 375000, "typical_volume": 1909463.45, "trend": 19.411495, "fair_value": 20.446012, "relative_strength": -27.18941, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.071454, "energy": 49.785972, "activity_lines": [ 16.856667, 17.020909, 17.632381, 18.371312 ] }, { "date": "2025-02-07", "close": 18.299999, "volume": 1551190, "typical_volume": 1866672.95, "trend": 19.239267, "fair_value": 20.431786, "relative_strength": -19.583914, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -43.469953, "energy": 32.769244, "activity_lines": [ 17.293333, 17.214545, 17.63619, 18.299603 ] }, { "date": "2025-02-14", "close": 18.1, "volume": 1533519, "typical_volume": 1882648.9, "trend": 19.087347, "fair_value": 20.4229, "relative_strength": -18.633324, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -37.423791, "energy": 22.227602, "activity_lines": [ 17.603333, 17.37, 17.629048, 18.226101 ] }, { "date": "2025-02-21", "close": 18.15, "volume": 673886, "typical_volume": 1832143.2, "trend": 18.99316, "fair_value": 20.39778, "relative_strength": -19.606099, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -30.34885, "energy": 21.568242, "activity_lines": [ 17.876666, 17.527273, 17.635, 18.165627 ] }, { "date": "2025-02-28", "close": 18.25, "volume": 1013186, "typical_volume": 1825902.5, "trend": 18.892413, "fair_value": 20.377816, "relative_strength": -15.962696, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -8.20579, "energy": 20.01586, "activity_lines": [ 18.1, 17.696363, 17.659048, 18.117682 ] }, { "date": "2025-03-07", "close": 17.450001, "volume": 950543, "typical_volume": 1783529.65, "trend": 18.819416, "fair_value": 20.337071, "relative_strength": -17.040732, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -19.10371, "energy": 17.417066, "activity_lines": [ 17.946667, 17.696364, 17.616429, 18.024623 ] }, { "date": "2025-03-14", "close": 17.299999, "volume": 874237, "typical_volume": 1743191.5, "trend": 18.6903, "fair_value": 20.304998, "relative_strength": -14.693651, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -25.91566, "energy": 12.535012, "activity_lines": [ 17.696667, 17.656364, 17.566667, 17.926596 ] }, { "date": "2025-03-21", "close": 17.15, "volume": 1291631, "typical_volume": 1715673.05, "trend": 18.536396, "fair_value": 20.278283, "relative_strength": -15.408771, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -44.036278, "energy": 25.749296, "activity_lines": [ 17.463333, 17.590909, 17.510238, 17.827222 ] }, { "date": "2025-03-28", "close": 16.25, "volume": 1044864, "typical_volume": 1718116.25, "trend": 18.316213, "fair_value": 20.244294, "relative_strength": -16.634892, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -71.789873, "energy": 58.132808, "activity_lines": [ 16.993333, 17.364545, 17.379524, 17.679712 ] }, { "date": "2025-04-04", "close": 14.85, "volume": 2138187, "typical_volume": 1770175.6, "trend": 18.052661, "fair_value": 20.184475, "relative_strength": -21.936599, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -87.529926, "energy": 83.510007, "activity_lines": [ 16.183333, 16.895454, 17.128571, 17.456086 ] }, { "date": "2025-04-11", "close": 11.55, "volume": 4061631, "typical_volume": 1882857.15, "trend": 17.751667, "fair_value": 20.114037, "relative_strength": -33.007798, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -97.831288, "energy": 97.631536, "activity_lines": [ 14.5, 15.858182, 16.580238, 17.036559 ] }, { "date": "2025-04-18", "close": 12.45, "volume": 1087083, "typical_volume": 1620747.85, "trend": 17.5, "fair_value": 20.054787, "relative_strength": -26.437466, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -88.035966, "energy": 95.302101, "activity_lines": [ 13.51, 15.079091, 16.148333, 16.694516 ] }, { "date": "2025-04-25", "close": 12.15, "volume": 626154, "typical_volume": 1510705.55, "trend": 17.243333, "fair_value": 20.005051, "relative_strength": -29.205813, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -81.039756, "energy": 93.07113, "activity_lines": [ 12.743333, 14.351818, 15.715238, 16.349355 ] }, { "date": "2025-05-02", "close": 12.95, "volume": 692206, "typical_volume": 1501965.85, "trend": 17.01, "fair_value": 19.962851, "relative_strength": -27.132843, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -68.288673, "energy": 88.340272, "activity_lines": [ 12.576667, 13.878182, 15.384762, 16.072366 ] }, { "date": "2025-05-09", "close": 12.6, "volume": 881317, "typical_volume": 1381031.7, "trend": 16.755, "fair_value": 19.927437, "relative_strength": -28.776123, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.512721, "energy": 81.814589, "activity_lines": [ 12.513333, 13.435455, 15.044048, 15.787849 ] }, { "date": "2025-05-16", "close": 13.05, "volume": 815431, "typical_volume": 1325703.25, "trend": 16.558333, "fair_value": 19.891296, "relative_strength": -28.636307, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.994189, "energy": 63.793945, "activity_lines": [ 12.75, 13.177273, 14.766905, 15.548817 ] }, { "date": "2025-05-23", "close": 12.8, "volume": 270953, "typical_volume": 1111300.9, "trend": 16.355, "fair_value": 19.848134, "relative_strength": -28.63693, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.1369, "energy": 57.19375, "activity_lines": [ 12.803333, 12.953636, 14.483571, 15.306344 ] }, { "date": "2025-05-30", "close": 12.35, "volume": 344002, "typical_volume": 1105601.0, "trend": 16.115, "fair_value": 19.806001, "relative_strength": -29.418715, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.722319, "energy": 56.812507, "activity_lines": [ 12.683333, 12.73, 14.179286, 15.047957 ] }, { "date": "2025-06-06", "close": 12.5, "volume": 512777, "typical_volume": 1072189.85, "trend": 15.898333, "fair_value": 19.766033, "relative_strength": -28.73553, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.482964, "energy": 52.717197, "activity_lines": [ 12.6, 12.620909, 13.912857, 14.814731 ] }, { "date": "2025-06-13", "close": 13.35, "volume": 8219063, "typical_volume": 1447843.0, "trend": 15.73, "fair_value": 19.729708, "relative_strength": -24.471806, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -48.940461, "energy": 41.481796, "activity_lines": [ 12.83, 12.734545, 13.748333, 14.650323 ] }, { "date": "2025-06-20", "close": 12.7, "volume": 1746711, "typical_volume": 1516428.55, "trend": 15.553333, "fair_value": 19.691023, "relative_strength": -27.250418, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -49.636615, "energy": 38.399327, "activity_lines": [ 12.793333, 12.757273, 13.537381, 14.454839 ] }, { "date": "2025-06-27", "close": 12.8, "volume": 701078, "typical_volume": 1473922.95, "trend": 15.373333, "fair_value": 19.666523, "relative_strength": -27.666959, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -46.32538, "energy": 33.290915, "activity_lines": [ 12.813333, 12.777273, 13.355238, 14.277204 ] }, { "date": "2025-07-04", "close": 13.2, "volume": 1524248, "typical_volume": 1473459.4, "trend": 15.223333, "fair_value": 19.650606, "relative_strength": -24.513233, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -41.742183, "energy": 26.991368, "activity_lines": [ 12.966667, 12.863636, 13.237381, 14.136989 ] }, { "date": "2025-07-11", "close": 12.4, "volume": 728004, "typical_volume": 1476165.3, "trend": 15.043333, "fair_value": 19.640097, "relative_strength": -28.927456, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -52.050238, "energy": 35.416732, "activity_lines": [ 12.796667, 12.785455, 13.066667, 13.954839 ] }, { "date": "2025-07-18", "close": 12.4, "volume": 597245, "typical_volume": 1455368.25, "trend": 14.891667, "fair_value": 19.616946, "relative_strength": -30.117861, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -59.228849, "energy": 39.886182, "activity_lines": [ 12.633333, 12.717273, 12.923333, 13.784301 ] }, { "date": "2025-07-25", "close": 12.65, "volume": 602156, "typical_volume": 1437948.9, "trend": 14.755, "fair_value": 19.592688, "relative_strength": -27.965758, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -53.22223, "energy": 36.9374, "activity_lines": [ 12.616667, 12.698182, 12.831667, 13.639677 ] }, { "date": "2025-08-01", "close": 12.4, "volume": 528842, "typical_volume": 1420679.15, "trend": 14.588333, "fair_value": 19.563818, "relative_strength": -28.81238, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -56.921521, "energy": 40.745794, "activity_lines": [ 12.52, 12.640909, 12.739048, 13.487742 ] }, { "date": "2025-08-08", "close": 15.3, "volume": 10607248, "typical_volume": 1886460.0, "trend": 14.521667, "fair_value": 19.553237, "relative_strength": -13.705235, "stage": 1, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": 6.170342, "energy": 9.208847, "activity_lines": [ 13.416667, 13.118182, 12.945952, 13.533656 ] }, { "date": "2025-08-15", "close": 15.35, "volume": 5196125, "typical_volume": 2094023.05, "trend": 14.47, "fair_value": 19.548394, "relative_strength": -13.738736, "stage": 1, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": 13.713474, "energy": 26.056204, "activity_lines": [ 14.19, 13.550909, 13.166429, 13.587097 ] }, { "date": "2025-08-22", "close": 15.25, "volume": 4076647, "typical_volume": 2190946.05, "trend": 14.425, "fair_value": 19.537191, "relative_strength": -11.471642, "stage": 1, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "mixed", "direction": 28.558559, "energy": 39.87468, "activity_lines": [ 14.733333, 13.913636, 13.381667, 13.637419 ] }, { "date": "2025-08-29", "close": 15.15, "volume": 6994042, "typical_volume": 2337566.6, "trend": 14.371667, "fair_value": 19.514812, "relative_strength": -12.81313, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 25.971213, "energy": 45.013744, "activity_lines": [ 15.053333, 14.223636, 13.585476, 13.684194 ] }, { "date": "2025-09-05", "close": 14.45, "volume": 2090150, "typical_volume": 2387719.95, "trend": 14.243333, "fair_value": 19.471091, "relative_strength": -16.764916, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 31.287803, "energy": 50.972954, "activity_lines": [ 14.973333, 14.361818, 13.705476, 13.689247 ] }, { "date": "2025-09-12", "close": 14.1, "volume": 1413388, "typical_volume": 2427081.65, "trend": 14.11, "fair_value": 19.422718, "relative_strength": -21.034456, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 29.348571, "energy": 28.57193, "activity_lines": [ 14.64, 14.406364, 13.782619, 13.68 ] }, { "date": "2025-09-19", "close": 14.6, "volume": 4261284, "typical_volume": 2605535.55, "trend": 13.991667, "fair_value": 19.382968, "relative_strength": -17.780066, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 27.071538, "energy": 21.419501, "activity_lines": [ 14.553333, 14.525455, 13.898095, 13.711613 ] }, { "date": "2025-09-26", "close": 13.9, "volume": 1360840, "typical_volume": 2629511.7, "trend": 13.846667, "fair_value": 19.348584, "relative_strength": -20.956493, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 10.719034, "energy": 9.869352, "activity_lines": [ 14.283333, 14.477273, 13.939048, 13.705699 ] }, { "date": "2025-10-03", "close": 14.2, "volume": 935398, "typical_volume": 2635510.05, "trend": 13.738333, "fair_value": 19.322297, "relative_strength": -22.064415, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": 7.988388, "energy": 10.070971, "activity_lines": [ 14.203333, 14.456364, 14.002381, 13.728495 ] }, { "date": "2025-10-10", "close": 14.1, "volume": 923168, "typical_volume": 2668120.8, "trend": 13.631667, "fair_value": 19.304012, "relative_strength": -23.298107, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 33.300301, "energy": 17.588043, "activity_lines": [ 14.153333, 14.389091, 14.050714, 13.751828 ] }, { "date": "2025-10-17", "close": 13.55, "volume": 1036033, "typical_volume": 2702722.35, "trend": 13.511667, "fair_value": 19.277263, "relative_strength": -25.587423, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 23.324685, "energy": 16.255127, "activity_lines": [ 13.943333, 14.190909, 14.040476, 13.746559 ] }, { "date": "2025-10-24", "close": 13.85, "volume": 709021, "typical_volume": 2712534.55, "trend": 13.431667, "fair_value": 19.262316, "relative_strength": -23.91323, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 26.054368, "energy": 15.370184, "activity_lines": [ 13.87, 14.079091, 14.053095, 13.768387 ] }, { "date": "2025-10-31", "close": 13.0, "volume": 1385779, "typical_volume": 2370870.35, "trend": 13.37, "fair_value": 19.245625, "relative_strength": -29.584357, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -1.165943, "energy": 10.913038, "activity_lines": [ 13.563333, 13.84, 13.978333, 13.740538 ] }, { "date": "2025-11-07", "close": 13.15, "volume": 1237006, "typical_volume": 2345385.1, "trend": 13.423333, "fair_value": 19.230512, "relative_strength": -26.497885, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -18.783584, "energy": 21.81174, "activity_lines": [ 13.366667, 13.669091, 13.919524, 13.726344 ] }, { "date": "2025-11-14", "close": 12.9, "volume": 1423091, "typical_volume": 2381485.75, "trend": 13.438333, "fair_value": 19.199905, "relative_strength": -26.549503, "stage": 4, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -23.393267, "energy": 35.426149, "activity_lines": [ 13.156667, 13.489091, 13.834762, 13.692581 ] }, { "date": "2025-11-21", "close": 11.95, "volume": 922104, "typical_volume": 2351378.55, "trend": 13.431667, "fair_value": 19.165987, "relative_strength": -28.755686, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -41.128649, "energy": 57.535411, "activity_lines": [ 12.71, 13.164545, 13.659048, 13.596559 ] }, { "date": "2025-11-28", "close": 12.6, "volume": 561125, "typical_volume": 2343034.6, "trend": 13.42, "fair_value": 19.118329, "relative_strength": -27.375275, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -24.104385, "energy": 51.971407, "activity_lines": [ 12.586667, 12.997273, 13.55119, 13.542903 ] }, { "date": "2025-12-05", "close": 13.05, "volume": 874048, "typical_volume": 2356874.75, "trend": 13.435, "fair_value": 19.072321, "relative_strength": -24.979211, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -31.452566, "energy": 46.172644, "activity_lines": [ 12.696667, 12.948182, 13.485238, 13.519032 ] }, { "date": "2025-12-12", "close": 13.8, "volume": 1789818, "typical_volume": 2416257.85, "trend": 13.46, "fair_value": 19.027417, "relative_strength": -20.595535, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -7.860408, "energy": 15.339948, "activity_lines": [ 13.053333, 13.050909, 13.487619, 13.542581 ] }, { "date": "2025-12-19", "close": 15.65, "volume": 15936912, "typical_volume": 3186661.35, "trend": 13.555, "fair_value": 19.000545, "relative_strength": -7.827158, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 32.702335, "energy": 27.192318, "activity_lines": [ 13.983333, 13.497273, 13.660714, 13.683871 ] }, { "date": "2025-12-26", "close": 15.95, "volume": 5551673, "typical_volume": 2933882.6, "trend": 13.675, "fair_value": 18.98208, "relative_strength": -8.354849, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 78.354911, "energy": 56.378567, "activity_lines": [ 14.83, 13.97, 13.846905, 13.838387 ] }, { "date": "2026-01-02", "close": 15.75, "volume": 2082045, "typical_volume": 2778178.6, "trend": 13.783333, "fair_value": 18.966038, "relative_strength": -11.36161, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 72.348896, "energy": 74.313606, "activity_lines": [ 15.343333, 14.362727, 14.010952, 13.972258 ] }, { "date": "2026-01-09", "close": 15.65, "volume": 2858701, "typical_volume": 2717281.3, "trend": 13.86, "fair_value": 18.951515, "relative_strength": -14.003817, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.231763, "energy": 77.534673, "activity_lines": [ 15.613333, 14.702727, 14.163571, 14.092688 ] }, { "date": "2026-01-16", "close": 17.25, "volume": 5191431, "typical_volume": 2627150.75, "trend": 14.011667, "fair_value": 18.943853, "relative_strength": -8.046071, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 86.078609, "energy": 87.415982, "activity_lines": [ 16.243333, 15.285455, 14.466667, 14.311398 ] }, { "date": "2026-01-23", "close": 16.75, "volume": 7304308, "typical_volume": 2887858.65, "trend": 14.143333, "fair_value": 18.936073, "relative_strength": -11.706925, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 71.978005, "energy": 77.31722, "activity_lines": [ 16.476667, 15.702727, 14.712143, 14.488065 ] }, { "date": "2026-01-30", "close": 15.5, "volume": 2590365, "typical_volume": 2946707.5, "trend": 14.22, "fair_value": 18.92028, "relative_strength": -17.948818, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.128879, "energy": 50.634912, "activity_lines": [ 16.22, 15.822727, 14.827619, 14.575591 ] }, { "date": "2026-02-06", "close": 15.55, "volume": 1490723, "typical_volume": 2808179.45, "trend": 14.325, "fair_value": 18.889063, "relative_strength": -16.162694, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 59.843934, "energy": 44.892151, "activity_lines": [ 16.01, 15.887273, 14.94119, 14.661398 ] }, { "date": "2026-02-13", "close": 15.55, "volume": 1046282, "typical_volume": 2792451.55, "trend": 14.43, "fair_value": 18.862477, "relative_strength": -19.867582, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 44.611984, "energy": 30.197231, "activity_lines": [ 15.813333, 15.898182, 15.050238, 14.74043 ] }, { "date": "2026-02-27", "close": 15.95, "volume": 3379172, "typical_volume": 2914640.25, "trend": 14.54, "fair_value": 18.838455, "relative_strength": -21.178825, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 41.838622, "energy": 24.226665, "activity_lines": [ 15.756667, 15.936364, 15.189524, 14.838495 ] }, { "date": "2026-03-06", "close": 14.951385, "volume": 4023378, "typical_volume": 3069650.75, "trend": 14.625046, "fair_value": 18.80587, "relative_strength": -21.203297, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 35.983666, "energy": 19.061466, "activity_lines": [ 15.453795, 15.753888, 15.22537, 14.865036 ] }, { "date": "2026-03-13", "close": 13.7, "volume": 3894398, "typical_volume": 3212569.0, "trend": 14.571713, "fair_value": 18.768042, "relative_strength": -26.459213, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 8.605837, "energy": 13.432136, "activity_lines": [ 14.853703, 15.35659, 15.137982, 14.805355 ] }, { "date": "2026-03-20", "close": 13.3, "volume": 2523270, "typical_volume": 3303281.45, "trend": 14.503379, "fair_value": 18.729194, "relative_strength": -27.940449, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -25.557761, "energy": 26.306658, "activity_lines": [ 14.240277, 14.927474, 15.011785, 14.723309 ] }, { "date": "2026-03-27", "close": 12.75, "volume": 2622712, "typical_volume": 3365128.1, "trend": 14.420046, "fair_value": 18.68682, "relative_strength": -29.060705, "stage": 1, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -34.854274, "energy": 44.194779, "activity_lines": [ 13.593518, 14.442904, 14.835826, 14.610188 ] }, { "date": "2026-04-03", "close": 13.25, "volume": 1655247, "typical_volume": 3386040.15, "trend": 14.356713, "fair_value": 18.626967, "relative_strength": -24.127671, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -24.813851, "energy": 53.627824, "activity_lines": [ 13.300092, 14.101969, 14.708677, 14.534701 ] }, { "date": "2026-04-10", "close": 13.4, "volume": 6389641, "typical_volume": 3634367.65, "trend": 14.321713, "fair_value": 18.567459, "relative_strength": -28.616657, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -24.484126, "energy": 53.39794, "activity_lines": [ 13.236667, 13.861035, 14.595337, 14.472978 ] }, { "date": "2026-04-17", "close": 13.7, "volume": 4149194, "typical_volume": 3795722.15, "trend": 14.30838, "fair_value": 18.511725, "relative_strength": -29.204867, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -22.240203, "energy": 41.570312, "activity_lines": [ 13.376667, 13.735555, 14.508188, 14.432867 ] }, { "date": "2026-04-24", "close": 14.5, "volume": 10083084, "typical_volume": 4271820.1, "trend": 14.305046, "fair_value": 18.464207, "relative_strength": -28.461416, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -13.309138, "energy": 14.925189, "activity_lines": [ 13.783333, 13.788257, 14.488895, 14.44523 ] }, { "date": "2026-05-01", "close": 13.5, "volume": 4231542, "typical_volume": 4439694.8, "trend": 14.291713, "fair_value": 18.419232, "relative_strength": -32.727764, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -15.450692, "energy": 12.961862, "activity_lines": [ 13.776667, 13.678232, 14.365317, 14.393291 ] }, { "date": "2026-05-08", "close": 13.1, "volume": 4791045, "typical_volume": 4589756.15, "trend": 14.255046, "fair_value": 18.371075, "relative_strength": -38.211752, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -21.846003, "energy": 16.814051, "activity_lines": [ 13.586667, 13.532752, 14.201501, 14.316407 ] }, { "date": "2026-05-15", "close": 12.9, "volume": 10479241, "typical_volume": 4316872.6, "trend": 14.215046, "fair_value": 18.319166, "relative_strength": -37.839082, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -32.958285, "energy": 24.691307, "activity_lines": [ 13.34, 13.402727, 14.021971, 14.228984 ] }, { "date": "2026-05-22", "close": 13.45, "volume": 4012296, "typical_volume": 4239903.75, "trend": 14.211713, "fair_value": 18.287145, "relative_strength": -36.188969, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -52.081486, "energy": 41.544742, "activity_lines": [ 13.31, 13.41, 13.907916, 14.179626 ] }, { "date": "2026-05-29", "close": 13.1, "volume": 5000978, "typical_volume": 4385850.4, "trend": 14.186713, "fair_value": 18.250102, "relative_strength": -40.59078, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -54.79115, "energy": 42.962379, "activity_lines": [ 13.18, 13.358182, 13.772434, 14.107903 ] }, { "date": "2026-06-05", "close": 14.25, "volume": 7316715, "typical_volume": 4608751.1, "trend": 14.228379, "fair_value": 18.220431, "relative_strength": -35.196822, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -36.095157, "energy": 21.238156, "activity_lines": [ 13.526667, 13.519091, 13.759094, 14.111986 ] }, { "date": "2026-06-12", "close": 15.35, "volume": 11422487, "typical_volume": 4920303.9, "trend": 14.301713, "fair_value": 18.19565, "relative_strength": -28.118695, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -7.199131, "energy": 10.833494, "activity_lines": [ 14.19, 13.852727, 13.857182, 14.184349 ] }, { "date": "2026-06-19", "close": 14.85, "volume": 5727854, "typical_volume": 4841481.2, "trend": 14.366713, "fair_value": 18.169207, "relative_strength": -33.138, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 14.418008, "energy": 18.873839, "activity_lines": [ 14.536667, 14.057273, 13.9167, 14.219722 ] }, { "date": "2026-06-26", "close": 13.75, "volume": 4688946, "typical_volume": 4946410.25, "trend": 14.426713, "fair_value": 18.133552, "relative_strength": -34.758433, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -11.797763, "energy": 17.177279, "activity_lines": [ 14.386667, 14.035455, 13.880503, 14.179934 ] }, { "date": "2026-07-03", "close": 14.5, "volume": 3414591, "typical_volume": 5042603.65, "trend": 14.490046, "fair_value": 18.104557, "relative_strength": -33.756201, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -7.434499, "energy": 14.767484, "activity_lines": [ 14.466667, 14.149091, 13.924067, 14.184662 ] }, { "date": "2026-07-10", "close": 13.5, "volume": 2566060, "typical_volume": 5118592.55, "trend": 14.505046, "fair_value": 18.067608, "relative_strength": -35.624175, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -19.810566, "energy": 8.925101, "activity_lines": [ 14.12, 14.080909, 13.877394, 14.120788 ] }, { "date": "2026-07-17", "close": 12.15, "volume": 2703452, "typical_volume": 5084806.55, "trend": 14.450046, "fair_value": 18.020462, "relative_strength": -37.744381, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -51.169662, "energy": 30.149912, "activity_lines": [ 13.373333, 13.767273, 13.711911, 13.96885 ] }, { "date": "2026-07-24", "close": 12.3, "volume": 1792213, "typical_volume": 4973248.3, "trend": 14.33838, "fair_value": 17.969647, "relative_strength": -37.74518, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -59.310602, "energy": 48.957619, "activity_lines": [ 12.89, 13.498182, 13.57881, 13.830137 ] }, { "date": "2026-07-31", "close": 10.9, "volume": 6094003, "typical_volume": 5083228.55, "trend": 14.170046, "fair_value": 17.904609, "relative_strength": -43.45296, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -75.561708, "energy": 69.93902, "activity_lines": [ 12.11, 12.985455, 13.325, 13.608306 ] }, { "date": "2026-08-07", "close": 11.25, "volume": 1547559, "typical_volume": 5034443.0, "trend": 14.020046, "fair_value": 17.835023, "relative_strength": -42.416345, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.797473, "energy": 72.075869, "activity_lines": [ 11.636667, 12.582727, 13.117857, 13.419916 ] }, { "date": "2026-08-14", "close": 11.4, "volume": 1319865, "typical_volume": 4969300.65, "trend": 13.878379, "fair_value": 17.770102, "relative_strength": -42.699501, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.603359, "energy": 70.920013, "activity_lines": [ 11.43, 12.240909, 12.934762, 13.250881 ] } ], "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." } } }