{ "ticker": { "uuid": "2283c4d9-dc43-4664-a1c7-f05a771e6424", "symbol": "6124", "name": "Yeh Chiang Technology Corporation", "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": 1, "stage_name": "Basing", "phase": "1b", "phase_label": "Stage 1B \u00b7 Basing", "transition": "stage_1_building", "transition_label": "Base still building", "confidence": 96.0, "architecture_regime": "downward_expansion", "architecture_regime_label": "Downward Expansion", "architecture_modifier": "Early contraction", "architecture_gate": "down", "architecture_direction": -58.906, "architecture_energy": 59.04, "architecture_maturity": 9.715, "architecture_confidence": 88.475, "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": 25.89, "rotation_up": 12.88, "upward_expansion": 12.58, "deceleration": 39.04, "rotation_down": 63.95, "downward_expansion": 85.91 }, "activity_lines": [ 26.643333, 27.327273, 28.534762, 29.222903 ], "activity_state": "Moderate", "activity_direction": "Expanding", "rotation_direction": "Weakening", "price_acceptance": -0.666667 }, "latest_close": 27.6, "trend_reference": 29.723333, "distance_from_trend": -0.071437, "trend_direction": "Improving", "fair_value": 31.109295, "distance_from_fair_value": -0.112805, "fair_value_direction": "Weakening", "relative_strength": -30.124438, "relative_strength_direction": "Improving", "price_momentum": -0.067568, "excess_performance": -0.50894, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.071437, "read": "Below" }, { "label": "Trend direction", "positive": true, "value": 0.031344, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.112805, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -0.018516, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.301244, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.010047, "read": "Improving" }, { "label": "Price momentum", "positive": false, "value": -0.067568, "read": "Negative" }, { "label": "Volume balance", "positive": true, "value": 1.299253, "read": "Demand-led" } ], "volume": { "latest": 85292, "relative_activity": 0.183513, "balance": 1.299253, "dry_up": 0.198872, "accumulation_observations": 1, "distribution_observations": 2 }, "risk": { "range_context": 0.096293, "annualized_volatility": 0.488129, "from_high_reference": -0.336538, "from_low_reference": 0.184549 }, "levels": { "trend_reference": 29.723333, "fair_value_reference": 31.109295, "structural_low": 24.35, "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": 26, "median_return": 0.020202, "positive_rate": 0.615385, "directional_follow_through": 0.384615, "median_excess_return": 0.01552, "regime_survival": 0.692308, "best_return": 0.258317, "worst_return": -0.136442, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 10, "median_return": 0.105127, "positive_rate": 0.8, "directional_follow_through": 0.2, "median_excess_return": 0.047648, "regime_survival": 0.2, "best_return": 0.374138, "worst_return": -0.08726, "sufficient": true }, { "horizon": "Extended", "sample_count": 8, "median_return": 0.012643, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": -0.006349, "regime_survival": 0.5, "best_return": 0.364706, "worst_return": -0.032787, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 4, "median_return": 0.109092, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": -0.03457, "regime_survival": 0.5, "best_return": 0.432099, "worst_return": -0.090615, "sufficient": false } ], "ledger": [ { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2024-07-12", "end": "2024-07-26", "tenure": "New", "return": -0.069869, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2024-08-02", "end": "2024-10-18", "tenure": "Developing", "return": 0.277778, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2024-10-25", "end": "2024-11-15", "tenure": "New", "return": -0.13577, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-11-22", "end": "2024-12-20", "tenure": "Developing", "return": -0.091988, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2024-12-27", "end": "2025-07-04", "tenure": "Extended", "return": -0.072816, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-07-11", "end": "2025-08-08", "tenure": "Developing", "return": -0.120715, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-08-15", "end": "2025-09-26", "tenure": "Developing", "return": -0.095156, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-10-03", "end": "2025-10-31", "tenure": "Developing", "return": -0.007648, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-11-07", "end": "2026-01-16", "tenure": "Developing", "return": 0.08, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2026-01-23", "end": "2026-02-27", "tenure": "Developing", "return": 0.090278, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-03-06", "end": "2026-04-03", "tenure": "Developing", "return": -0.218107, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-04-10", "end": "2026-07-17", "tenure": "Established", "return": -0.164038, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2026-07-24", "end": "2026-07-31", "tenure": "New", "return": -0.047529, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-08-07", "end": "2026-08-14", "tenure": "New", "return": 0.027933, "active": true } ], "chart_path": [ { "date": "2023-08-11", "close": 33.099998, "volume": 1390000, "typical_volume": 3862000.0, "trend": 31.815, "fair_value": 28.384615, "relative_strength": 2.680869, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 24.220264, "energy": 23.05474, "activity_lines": [ 37.623333, 40.336363, 37.748571, 35.07301 ] }, { "date": "2023-08-18", "close": 31.9, "volume": 930000, "typical_volume": 3867200.0, "trend": 32.026666, "fair_value": 28.374359, "relative_strength": -0.073775, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 9.663374, "energy": 22.685359, "activity_lines": [ 34.846666, 38.730908, 37.482857, 35.078494 ] }, { "date": "2023-08-25", "close": 34.799999, "volume": 3407000, "typical_volume": 4033900.0, "trend": 32.331666, "fair_value": 28.371795, "relative_strength": 7.778827, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 15.960779, "energy": 25.661889, "activity_lines": [ 34.193333, 37.741817, 37.470952, 35.257419 ] }, { "date": "2023-09-01", "close": 34.200001, "volume": 967000, "typical_volume": 4066500.0, "trend": 32.606666, "fair_value": 28.360256, "relative_strength": 4.405284, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 5.552982, "energy": 20.711495, "activity_lines": [ 33.873333, 36.683636, 37.366428, 35.377957 ] }, { "date": "2023-09-08", "close": 33.150002, "volume": 826000, "typical_volume": 4092500.0, "trend": 32.845, "fair_value": 28.358974, "relative_strength": 1.270314, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 1.806921, "energy": 17.002168, "activity_lines": [ 33.590001, 35.52, 37.127619, 35.41301 ] }, { "date": "2023-09-15", "close": 31.5, "volume": 667000, "typical_volume": 4117850.0, "trend": 33.02, "fair_value": 28.345513, "relative_strength": -5.700175, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -22.370346, "energy": 23.887526, "activity_lines": [ 32.946667, 34.296364, 36.701428, 35.326236 ] }, { "date": "2023-09-22", "close": 31.65, "volume": 484000, "typical_volume": 4130250.0, "trend": 33.225, "fair_value": 28.329167, "relative_strength": -1.906091, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -21.193259, "energy": 26.863457, "activity_lines": [ 32.46, 33.383637, 36.268571, 35.237849 ] }, { "date": "2023-09-29", "close": 31.25, "volume": 263000, "typical_volume": 4122150.0, "trend": 33.415, "fair_value": 28.329808, "relative_strength": -3.139077, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -22.991379, "energy": 34.347459, "activity_lines": [ 31.856667, 32.718182, 35.778095, 35.11043 ] }, { "date": "2023-10-06", "close": 32.25, "volume": 583000, "typical_volume": 4131500.0, "trend": 33.606666, "fair_value": 28.330769, "relative_strength": -0.970314, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -20.274702, "energy": 31.500294, "activity_lines": [ 31.823333, 32.444546, 35.362857, 35.035269 ] }, { "date": "2023-10-13", "close": 30.35, "volume": 211000, "typical_volume": 3947350.0, "trend": 33.716666, "fair_value": 28.340705, "relative_strength": -8.01588, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -36.272667, "energy": 37.38584, "activity_lines": [ 31.286667, 31.966364, 34.744762, 34.825161 ] }, { "date": "2023-10-20", "close": 28.200001, "volume": 342000, "typical_volume": 3663550.0, "trend": 33.768333, "fair_value": 28.329167, "relative_strength": -12.524726, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -46.531467, "energy": 55.757221, "activity_lines": [ 30.22, 31.2, 33.938095, 34.469247 ] }, { "date": "2023-10-27", "close": 28.85, "volume": 144000, "typical_volume": 3555950.0, "trend": 33.823333, "fair_value": 28.320833, "relative_strength": -8.574304, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -42.287536, "energy": 63.167723, "activity_lines": [ 29.59, 30.640909, 33.225952, 34.151935 ] }, { "date": "2023-11-03", "close": 29.0, "volume": 221000, "typical_volume": 3468250.0, "trend": 33.878333, "fair_value": 28.315064, "relative_strength": -9.767527, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.797754, "energy": 77.413467, "activity_lines": [ 29.196667, 30.164546, 32.565952, 33.840753 ] }, { "date": "2023-11-10", "close": 30.75, "volume": 366000, "typical_volume": 3417350.0, "trend": 34.003333, "fair_value": 28.321154, "relative_strength": -4.83999, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.074707, "energy": 74.42954, "activity_lines": [ 29.536667, 30.111818, 32.110714, 33.638925 ] }, { "date": "2023-11-17", "close": 29.799999, "volume": 140000, "typical_volume": 2889200.0, "trend": 34.103333, "fair_value": 28.31859, "relative_strength": -10.333621, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.116317, "energy": 65.143551, "activity_lines": [ 29.66, 29.949091, 31.60381, 33.367742 ] }, { "date": "2023-11-24", "close": 29.9, "volume": 194000, "typical_volume": 2473600.0, "trend": 34.196666, "fair_value": 28.320192, "relative_strength": -10.218445, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -58.407419, "energy": 49.551187, "activity_lines": [ 29.853333, 29.865454, 31.185238, 33.096559 ] }, { "date": "2023-12-01", "close": 33.0, "volume": 469000, "typical_volume": 2235950.0, "trend": 34.378333, "fair_value": 28.331731, "relative_strength": -1.844964, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -40.040566, "energy": 26.264051, "activity_lines": [ 30.966666, 30.374545, 31.14381, 33.019355 ] }, { "date": "2023-12-08", "close": 33.099998, "volume": 3218000, "typical_volume": 1561600.0, "trend": 34.58, "fair_value": 28.347115, "relative_strength": -1.276174, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -28.328624, "energy": 22.74331, "activity_lines": [ 31.836666, 30.877272, 31.189286, 32.936882 ] }, { "date": "2023-12-15", "close": 31.200001, "volume": 479000, "typical_volume": 871000.0, "trend": 34.698333, "fair_value": 28.349038, "relative_strength": -8.277179, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -26.457598, "energy": 23.144191, "activity_lines": [ 31.8, 31.000909, 31.1, 32.718817 ] }, { "date": "2023-12-22", "close": 31.85, "volume": 182000, "typical_volume": 774150.0, "trend": 34.635, "fair_value": 28.349679, "relative_strength": -5.867688, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -13.863826, "energy": 20.510618, "activity_lines": [ 31.95, 31.261818, 31.114524, 32.535054 ] }, { "date": "2023-12-29", "close": 31.450001, "volume": 174000, "typical_volume": 713350.0, "trend": 34.515, "fair_value": 28.351602, "relative_strength": -8.672251, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -15.42498, "energy": 14.845918, "activity_lines": [ 31.83, 31.422727, 31.110714, 32.32957 ] }, { "date": "2024-01-05", "close": 31.799999, "volume": 577000, "typical_volume": 695700.0, "trend": 34.348333, "fair_value": 28.3625, "relative_strength": -5.45999, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -17.017355, "energy": 10.969565, "activity_lines": [ 31.723333, 31.588182, 31.148095, 32.154409 ] }, { "date": "2024-01-12", "close": 31.6, "volume": 711000, "typical_volume": 560900.0, "trend": 34.168333, "fair_value": 28.372756, "relative_strength": -5.872166, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -25.336842, "energy": 12.933339, "activity_lines": [ 31.63, 31.663636, 31.166905, 31.977097 ] }, { "date": "2024-01-19", "close": 35.650002, "volume": 5072016, "typical_volume": 766150.8, "trend": 34.06, "fair_value": 28.410256, "relative_strength": 4.870652, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 13.926608, "energy": 16.673845, "activity_lines": [ 32.986667, 32.428182, 31.586667, 32.072688 ] }, { "date": "2024-01-26", "close": 37.200001, "volume": 8319000, "typical_volume": 1140800.8, "trend": 33.755, "fair_value": 28.455449, "relative_strength": 7.149104, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 37.650907, "energy": 44.739799, "activity_lines": [ 34.563334, 33.385455, 32.147143, 32.275269 ] }, { "date": "2024-02-02", "close": 39.849998, "volume": 6930000, "typical_volume": 1453950.8, "trend": 33.513333, "fair_value": 28.51859, "relative_strength": 13.753448, "stage": 2, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 53.357759, "energy": 66.936034, "activity_lines": [ 36.666667, 34.69, 32.940714, 32.668495 ] }, { "date": "2024-02-09", "close": 40.200001, "volume": 1145000, "typical_volume": 1487000.8, "trend": 33.211667, "fair_value": 28.587179, "relative_strength": 13.898493, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 50.7551, "energy": 73.98623, "activity_lines": [ 38.326667, 35.877273, 33.727857, 33.099893 ] }, { "date": "2024-02-16", "close": 39.099998, "volume": 1201000, "typical_volume": 1533900.8, "trend": 33.088333, "fair_value": 28.651602, "relative_strength": 7.309343, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 66.280971, "energy": 79.754569, "activity_lines": [ 39.059999, 36.733636, 34.369524, 33.479785 ] }, { "date": "2024-02-23", "close": 37.0, "volume": 2102000, "typical_volume": 1609850.8, "trend": 32.988333, "fair_value": 28.701282, "relative_strength": -0.277286, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.384388, "energy": 71.744482, "activity_lines": [ 38.593333, 37.099091, 34.773809, 33.73215 ] }, { "date": "2024-03-01", "close": 37.450001, "volume": 1053000, "typical_volume": 1651950.8, "trend": 33.036667, "fair_value": 28.744231, "relative_strength": 0.351601, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 60.520152, "energy": 47.690678, "activity_lines": [ 38.186667, 37.440909, 35.198333, 34.02 ] }, { "date": "2024-03-08", "close": 36.549999, "volume": 2967000, "typical_volume": 1783200.8, "trend": 33.151667, "fair_value": 28.784615, "relative_strength": -6.393021, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 45.622645, "energy": 32.698347, "activity_lines": [ 37.463333, 37.517273, 35.503333, 34.246667 ] }, { "date": "2024-03-15", "close": 38.099998, "volume": 4292000, "typical_volume": 1990600.8, "trend": 33.358333, "fair_value": 28.8375, "relative_strength": -2.090385, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 44.816498, "energy": 27.76287, "activity_lines": [ 37.476666, 37.782727, 35.91619, 34.565914 ] }, { "date": "2024-03-22", "close": 37.650002, "volume": 1230000, "typical_volume": 2041050.8, "trend": 33.453333, "fair_value": 28.885897, "relative_strength": -6.028631, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 40.457581, "energy": 25.560675, "activity_lines": [ 37.48, 37.851818, 36.242143, 34.842796 ] }, { "date": "2024-03-29", "close": 36.900002, "volume": 540000, "typical_volume": 2049750.8, "trend": 33.543333, "fair_value": 28.928205, "relative_strength": -8.292866, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 37.412502, "energy": 22.520633, "activity_lines": [ 37.330001, 37.674546, 36.455476, 35.065161 ] }, { "date": "2024-04-05", "close": 37.650002, "volume": 951000, "typical_volume": 2090300.8, "trend": 33.693333, "fair_value": 28.979808, "relative_strength": -6.739805, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 38.764261, "energy": 23.532809, "activity_lines": [ 37.436668, 37.61091, 36.710953, 35.330108 ] }, { "date": "2024-04-12", "close": 38.650002, "volume": 2528000, "typical_volume": 2207000.8, "trend": 33.931667, "fair_value": 29.038461, "relative_strength": -6.258125, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 53.458454, "energy": 28.55709, "activity_lines": [ 37.863335, 37.72091, 37.024286, 35.649893 ] }, { "date": "2024-04-19", "close": 37.150002, "volume": 1437000, "typical_volume": 2255400.8, "trend": 34.115, "fair_value": 29.083654, "relative_strength": -4.486253, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 47.186421, "energy": 24.782922, "activity_lines": [ 37.650002, 37.580001, 37.153096, 35.857527 ] }, { "date": "2024-04-26", "close": 38.400002, "volume": 1703000, "typical_volume": 2179650.8, "trend": 34.353334, "fair_value": 29.137179, "relative_strength": -4.340205, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 52.113624, "energy": 29.136299, "activity_lines": [ 37.916669, 37.72182, 37.381191, 36.133979 ] }, { "date": "2024-05-03", "close": 37.75, "volume": 1795000, "typical_volume": 2245450.8, "trend": 34.536667, "fair_value": 29.1875, "relative_strength": -7.013988, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 47.916988, "energy": 27.207369, "activity_lines": [ 37.916668, 37.758183, 37.522144, 36.353119 ] }, { "date": "2024-05-10", "close": 37.0, "volume": 1400000, "typical_volume": 2306350.8, "trend": 34.758334, "fair_value": 29.234295, "relative_strength": -10.563225, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 35.709612, "energy": 18.421708, "activity_lines": [ 37.610001, 37.644547, 37.560477, 36.512044 ] }, { "date": "2024-05-17", "close": 36.549999, "volume": 934000, "typical_volume": 2344350.8, "trend": 35.036667, "fair_value": 29.282372, "relative_strength": -13.94339, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 20.898715, "energy": 11.446842, "activity_lines": [ 37.196667, 37.457273, 37.531429, 36.627635 ] }, { "date": "2024-05-24", "close": 37.25, "volume": 570000, "typical_volume": 2344000.8, "trend": 35.316667, "fair_value": 29.347436, "relative_strength": -13.278213, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 18.387013, "energy": 9.526613, "activity_lines": [ 37.156667, 37.397273, 37.544762, 36.770431 ] }, { "date": "2024-05-31", "close": 39.549999, "volume": 1654000, "typical_volume": 2391150.8, "trend": 35.668334, "fair_value": 29.426923, "relative_strength": -6.013994, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 53.565256, "energy": 23.42188, "activity_lines": [ 37.876666, 37.770909, 37.751191, 37.043549 ] }, { "date": "2024-06-07", "close": 37.549999, "volume": 1502000, "typical_volume": 2212650.0, "trend": 35.895, "fair_value": 29.492628, "relative_strength": -13.172075, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 39.596567, "energy": 18.92345, "activity_lines": [ 37.853333, 37.746364, 37.729286, 37.164946 ] }, { "date": "2024-06-14", "close": 36.450001, "volume": 472000, "typical_volume": 1820300.0, "trend": 36.116667, "fair_value": 29.55641, "relative_strength": -17.720069, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 11.833708, "energy": 8.25948, "activity_lines": [ 37.476666, 37.51, 37.593572, 37.200753 ] }, { "date": "2024-06-21", "close": 36.0, "volume": 316000, "typical_volume": 1489600.0, "trend": 36.32, "fair_value": 29.616346, "relative_strength": -20.80048, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 4.319514, "energy": 3.239355, "activity_lines": [ 36.986667, 37.213636, 37.418572, 37.193226 ] }, { "date": "2024-06-28", "close": 34.0, "volume": 465000, "typical_volume": 1455600.0, "trend": 36.353334, "fair_value": 29.64391, "relative_strength": -23.531462, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -29.099881, "energy": 32.815519, "activity_lines": [ 35.866667, 36.601818, 37.071429, 37.043549 ] }, { "date": "2024-07-05", "close": 35.349998, "volume": 486000, "typical_volume": 1419850.0, "trend": 36.428334, "fair_value": 29.691987, "relative_strength": -21.224497, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -27.10614, "energy": 42.110391, "activity_lines": [ 35.413333, 36.292727, 36.882381, 36.978817 ] }, { "date": "2024-07-12", "close": 34.349998, "volume": 361000, "typical_volume": 1332800.0, "trend": 36.533333, "fair_value": 29.725, "relative_strength": -23.514993, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -36.625352, "energy": 52.0055, "activity_lines": [ 34.906666, 35.857272, 36.615952, 36.844731 ] }, { "date": "2024-07-19", "close": 33.599998, "volume": 197000, "typical_volume": 1290000.0, "trend": 36.591667, "fair_value": 29.751282, "relative_strength": -20.912096, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -42.379193, "energy": 58.436422, "activity_lines": [ 34.363332, 35.347272, 36.290714, 36.655484 ] }, { "date": "2024-07-26", "close": 31.950001, "volume": 102000, "typical_volume": 1146750.0, "trend": 36.608333, "fair_value": 29.780449, "relative_strength": -21.540231, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -77.669691, "energy": 73.323, "activity_lines": [ 33.459999, 34.59909, 35.826666, 36.356021 ] }, { "date": "2024-08-02", "close": 31.5, "volume": 140000, "typical_volume": 939150.0, "trend": 36.598333, "fair_value": 29.80609, "relative_strength": -20.358342, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -78.454738, "energy": 80.202365, "activity_lines": [ 32.676666, 33.852727, 35.341666, 36.026452 ] }, { "date": "2024-08-09", "close": 31.25, "volume": 285000, "typical_volume": 891900.0, "trend": 36.586667, "fair_value": 29.833333, "relative_strength": -19.914643, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -73.054231, "energy": 77.108275, "activity_lines": [ 31.976666, 33.165454, 34.864285, 35.681398 ] }, { "date": "2024-08-16", "close": 31.450001, "volume": 120000, "typical_volume": 870900.0, "trend": 36.446667, "fair_value": 29.86282, "relative_strength": -22.131791, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.45491, "energy": 72.667052, "activity_lines": [ 31.616667, 32.665454, 34.436428, 35.35 ] }, { "date": "2024-08-23", "close": 31.450001, "volume": 87000, "typical_volume": 827700.0, "trend": 36.255, "fair_value": 29.90032, "relative_strength": -20.876857, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.776695, "energy": 62.42537, "activity_lines": [ 31.450001, 32.276364, 34.034524, 35.027634 ] }, { "date": "2024-08-30", "close": 32.200001, "volume": 106000, "typical_volume": 706600.0, "trend": 36.0, "fair_value": 29.953846, "relative_strength": -18.860851, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.258438, "energy": 49.548711, "activity_lines": [ 31.676667, 32.114546, 33.733571, 34.766022 ] }, { "date": "2024-09-06", "close": 31.200001, "volume": 142000, "typical_volume": 641850.0, "trend": 35.7, "fair_value": 29.995513, "relative_strength": -17.843249, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.203303, "energy": 48.3839, "activity_lines": [ 31.553334, 31.84, 33.368095, 34.456344 ] }, { "date": "2024-09-13", "close": 30.799999, "volume": 52000, "typical_volume": 559300.0, "trend": 35.423334, "fair_value": 30.032372, "relative_strength": -19.71711, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.903705, "energy": 48.456719, "activity_lines": [ 31.316667, 31.543637, 32.992857, 34.140215 ] }, { "date": "2024-09-20", "close": 33.25, "volume": 726000, "typical_volume": 505850.0, "trend": 35.298334, "fair_value": 30.091667, "relative_strength": -14.48792, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -44.164271, "energy": 30.686585, "activity_lines": [ 31.926667, 31.775455, 32.887143, 34.0 ] }, { "date": "2024-09-27", "close": 33.5, "volume": 171000, "typical_volume": 444400.0, "trend": 35.166667, "fair_value": 30.151282, "relative_strength": -15.941007, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -39.037438, "energy": 24.25827, "activity_lines": [ 32.5, 32.072728, 32.826667, 33.883979 ] }, { "date": "2024-10-04", "close": 34.049999, "volume": 282000, "typical_volume": 411800.0, "trend": 35.083334, "fair_value": 30.209295, "relative_strength": -12.15705, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -28.270028, "energy": 18.054243, "activity_lines": [ 33.12, 32.471818, 32.835238, 33.811935 ] }, { "date": "2024-10-11", "close": 34.200001, "volume": 155000, "typical_volume": 391050.0, "trend": 34.953334, "fair_value": 30.265705, "relative_strength": -13.776883, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -17.889783, "energy": 19.706996, "activity_lines": [ 33.666667, 32.86, 32.87, 33.754946 ] }, { "date": "2024-10-18", "close": 40.25, "volume": 6319000, "typical_volume": 624300.0, "trend": 35.04, "fair_value": 30.354808, "relative_strength": -1.052445, "stage": 3, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "mixed", "direction": 43.585968, "energy": 39.738044, "activity_lines": [ 36.03, 34.299091, 33.495476, 34.096667 ] }, { "date": "2024-10-25", "close": 38.299999, "volume": 9085000, "typical_volume": 1003450.0, "trend": 35.086667, "fair_value": 30.435256, "relative_strength": -5.130776, "stage": 3, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 31.191832, "energy": 42.232011, "activity_lines": [ 37.113333, 35.22, 33.931905, 34.306989 ] }, { "date": "2024-11-01", "close": 36.799999, "volume": 633000, "typical_volume": 1011500.0, "trend": 35.058333, "fair_value": 30.50641, "relative_strength": -6.424899, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 23.281907, "energy": 46.617212, "activity_lines": [ 37.359999, 35.743636, 34.221905, 34.417527 ] }, { "date": "2024-11-08", "close": 37.5, "volume": 2112000, "typical_volume": 1101300.0, "trend": 35.02, "fair_value": 30.571154, "relative_strength": -7.518895, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 32.911012, "energy": 53.005439, "activity_lines": [ 37.62, 36.297272, 34.576905, 34.575054 ] }, { "date": "2024-11-15", "close": 33.099998, "volume": 744000, "typical_volume": 1115250.0, "trend": 34.885, "fair_value": 30.605128, "relative_strength": -15.196988, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 13.201589, "energy": 15.498269, "activity_lines": [ 36.183332, 35.954545, 34.505714, 34.451183 ] }, { "date": "2024-11-22", "close": 33.700001, "volume": 313304, "typical_volume": 1106615.2, "trend": 34.728333, "fair_value": 30.653205, "relative_strength": -14.019948, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -1.045768, "energy": 5.619664, "activity_lines": [ 35.02, 35.686363, 34.495952, 34.374731 ] }, { "date": "2024-11-29", "close": 32.5, "volume": 383000, "typical_volume": 1107715.2, "trend": 34.553333, "fair_value": 30.690064, "relative_strength": -14.274361, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -14.374497, "energy": 16.118187, "activity_lines": [ 33.893333, 35.147272, 34.379762, 34.230968 ] }, { "date": "2024-12-06", "close": 33.200001, "volume": 866000, "typical_volume": 1141165.2, "trend": 34.426666, "fair_value": 30.735256, "relative_strength": -15.491297, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -12.936235, "energy": 19.34264, "activity_lines": [ 33.386667, 34.749091, 34.339048, 34.143656 ] }, { "date": "2024-12-13", "close": 32.450001, "volume": 280000, "typical_volume": 1150065.2, "trend": 34.29, "fair_value": 30.776602, "relative_strength": -16.442959, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -43.908691, "energy": 28.874152, "activity_lines": [ 32.870001, 34.22, 34.22881, 34.016129 ] }, { "date": "2024-12-20", "close": 30.6, "volume": 224000, "typical_volume": 1154265.2, "trend": 34.068333, "fair_value": 30.813141, "relative_strength": -19.004578, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -55.403849, "energy": 41.928101, "activity_lines": [ 32.073334, 33.383637, 33.94, 33.778065 ] }, { "date": "2024-12-27", "close": 30.9, "volume": 178000, "typical_volume": 1148915.2, "trend": 33.78, "fair_value": 30.854487, "relative_strength": -20.511825, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -51.397329, "energy": 43.730925, "activity_lines": [ 31.543334, 32.667273, 33.684048, 33.573656 ] }, { "date": "2025-01-03", "close": 30.4, "volume": 152000, "typical_volume": 1150515.2, "trend": 33.541667, "fair_value": 30.889102, "relative_strength": -20.094813, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -53.877501, "energy": 49.662676, "activity_lines": [ 31.033334, 32.03, 33.382143, 33.355591 ] }, { "date": "2025-01-10", "close": 29.65, "volume": 323000, "typical_volume": 1162315.2, "trend": 33.315, "fair_value": 30.916667, "relative_strength": -21.950597, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.8851, "energy": 57.247733, "activity_lines": [ 30.413333, 31.4, 33.01381, 33.104516 ] }, { "date": "2025-01-17", "close": 30.700001, "volume": 281000, "typical_volume": 1171065.2, "trend": 33.138333, "fair_value": 30.954487, "relative_strength": -19.01122, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -58.723676, "energy": 52.32913, "activity_lines": [ 30.38, 31.090909, 32.754048, 32.935807 ] }, { "date": "2025-01-24", "close": 29.85, "volume": 107000, "typical_volume": 1169315.2, "trend": 33.0, "fair_value": 30.984936, "relative_strength": -21.783258, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.904849, "energy": 60.632139, "activity_lines": [ 30.18, 30.750909, 32.420476, 32.723656 ] }, { "date": "2025-02-07", "close": 30.5, "volume": 69712, "typical_volume": 1170200.8, "trend": 32.838333, "fair_value": 31.021795, "relative_strength": -19.048727, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -57.983727, "energy": 51.707662, "activity_lines": [ 30.246667, 30.588182, 32.155238, 32.562366 ] }, { "date": "2025-02-14", "close": 30.700001, "volume": 117568, "typical_volume": 1139779.2, "trend": 32.716667, "fair_value": 31.059295, "relative_strength": -16.475466, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -55.229386, "energy": 44.838869, "activity_lines": [ 30.406667, 30.52, 31.910476, 32.424409 ] }, { "date": "2025-02-21", "close": 32.0, "volume": 668463, "typical_volume": 1164652.35, "trend": 32.663334, "fair_value": 31.099038, "relative_strength": -14.276075, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -40.741464, "energy": 25.623475, "activity_lines": [ 30.98, 30.720909, 31.801667, 32.378172 ] }, { "date": "2025-02-28", "close": 31.65, "volume": 75516, "typical_volume": 1154328.15, "trend": 32.653333, "fair_value": 31.142308, "relative_strength": -12.093892, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -35.521831, "energy": 18.886696, "activity_lines": [ 31.28, 30.88, 31.666667, 32.312796 ] }, { "date": "2025-03-07", "close": 30.799999, "volume": 66276, "typical_volume": 1149891.95, "trend": 32.63, "fair_value": 31.178205, "relative_strength": -11.982014, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -36.90876, "energy": 19.603683, "activity_lines": [ 31.233333, 30.899091, 31.462143, 32.193226 ] }, { "date": "2025-03-14", "close": 30.4, "volume": 74062, "typical_volume": 837645.05, "trend": 32.601667, "fair_value": 31.211218, "relative_strength": -10.204243, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -42.877978, "energy": 21.719379, "activity_lines": [ 30.99, 30.841818, 31.235714, 32.049355 ] }, { "date": "2025-03-21", "close": 30.1, "volume": 135046, "typical_volume": 390147.35, "trend": 32.556667, "fair_value": 31.24391, "relative_strength": -11.413744, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -58.366999, "energy": 33.712757, "activity_lines": [ 30.653333, 30.739091, 31.027619, 31.887957 ] }, { "date": "2025-03-28", "close": 28.950001, "volume": 128271, "typical_volume": 364910.9, "trend": 32.473333, "fair_value": 31.26891, "relative_strength": -11.829806, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -70.843606, "energy": 59.034427, "activity_lines": [ 29.973334, 30.432727, 30.749048, 31.655269 ] }, { "date": "2025-04-04", "close": 28.5, "volume": 153656, "typical_volume": 266993.7, "trend": 32.35, "fair_value": 31.289423, "relative_strength": -11.420596, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -71.919207, "energy": 68.241769, "activity_lines": [ 29.346667, 30.057273, 30.465, 31.398925 ] }, { "date": "2025-04-11", "close": 23.5, "volume": 414500, "typical_volume": 250518.7, "trend": 32.093333, "fair_value": 31.273077, "relative_strength": -19.6805, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -92.146761, "energy": 85.905803, "activity_lines": [ 27.263334, 28.812727, 29.747619, 30.827957 ] }, { "date": "2025-04-18", "close": 23.35, "volume": 166020, "typical_volume": 243154.5, "trend": 31.845, "fair_value": 31.255449, "relative_strength": -18.95635, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -87.835813, "energy": 91.120525, "activity_lines": [ 25.616667, 27.656364, 29.061667, 30.263871 ] }, { "date": "2025-04-25", "close": 25.0, "volume": 44359, "typical_volume": 226222.45, "trend": 31.57, "fair_value": 31.246795, "relative_strength": -14.602812, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.232127, "energy": 85.636447, "activity_lines": [ 24.99, 26.93, 28.582143, 29.822258 ] }, { "date": "2025-05-02", "close": 25.950001, "volume": 81421, "typical_volume": 186993.5, "trend": 31.318333, "fair_value": 31.242628, "relative_strength": -14.52241, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.565054, "energy": 81.604928, "activity_lines": [ 25.02, 26.48, 28.22881, 29.459678 ] }, { "date": "2025-05-09", "close": 26.85, "volume": 95253, "typical_volume": 177756.15, "trend": 31.078333, "fair_value": 31.251923, "relative_strength": -11.428223, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.659266, "energy": 54.115756, "activity_lines": [ 25.55, 26.303637, 27.995714, 29.171398 ] }, { "date": "2025-05-16", "close": 27.15, "volume": 70032, "typical_volume": 170057.75, "trend": 30.843333, "fair_value": 31.261859, "relative_strength": -13.622986, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -46.04305, "energy": 36.315647, "activity_lines": [ 26.29, 26.269091, 27.817857, 28.917957 ] }, { "date": "2025-05-23", "close": 28.299999, "volume": 49221, "typical_volume": 163618.8, "trend": 30.445, "fair_value": 31.28109, "relative_strength": -8.664939, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -38.054533, "energy": 22.673835, "activity_lines": [ 27.17, 26.51, 27.765952, 28.753871 ] }, { "date": "2025-05-30", "close": 27.0, "volume": 57357, "typical_volume": 158886.65, "trend": 30.068333, "fair_value": 31.292308, "relative_strength": -11.062995, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -33.820979, "energy": 22.211969, "activity_lines": [ 27.286666, 26.552727, 27.602619, 28.531613 ] }, { "date": "2025-06-06", "close": 28.0, "volume": 132615, "typical_volume": 149367.4, "trend": 29.775, "fair_value": 31.309615, "relative_strength": -8.390798, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -30.39573, "energy": 20.784974, "activity_lines": [ 27.603333, 26.833636, 27.550714, 28.398172 ] }, { "date": "2025-06-13", "close": 27.299999, "volume": 81099, "typical_volume": 139372.35, "trend": 29.435, "fair_value": 31.322115, "relative_strength": -11.770921, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -29.723924, "energy": 17.959336, "activity_lines": [ 27.55, 27.004545, 27.44, 28.238495 ] }, { "date": "2025-06-20", "close": 25.549999, "volume": 284367, "typical_volume": 148240.7, "trend": 29.183333, "fair_value": 31.325961, "relative_strength": -16.798872, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -46.531973, "energy": 23.722605, "activity_lines": [ 26.883333, 26.879091, 27.178809, 27.987849 ] }, { "date": "2025-06-27", "close": 25.700001, "volume": 76534, "typical_volume": 148581.8, "trend": 28.916667, "fair_value": 31.334295, "relative_strength": -17.825729, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -53.439666, "energy": 29.810565, "activity_lines": [ 26.373333, 26.743636, 26.952381, 27.763118 ] }, { "date": "2025-07-04", "close": 28.65, "volume": 250285, "typical_volume": 155217.65, "trend": 28.788333, "fair_value": 31.360577, "relative_strength": -7.998357, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -24.362474, "energy": 15.419738, "activity_lines": [ 27.02, 27.101818, 27.029762, 27.745914 ] }, { "date": "2025-07-11", "close": 33.549999, "volume": 2397452, "typical_volume": 241667.1, "trend": 28.8, "fair_value": 31.41891, "relative_strength": 6.811488, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 37.253993, "energy": 33.1868, "activity_lines": [ 29.19, 28.284545, 27.583571, 28.053118 ] }, { "date": "2025-07-18", "close": 32.150002, "volume": 3752668, "typical_volume": 425524.7, "trend": 28.79, "fair_value": 31.476603, "relative_strength": -0.327392, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 31.98246, "energy": 51.725309, "activity_lines": [ 30.523334, 29.074546, 27.996667, 28.269247 ] }, { "date": "2025-07-25", "close": 30.35, "volume": 549018, "typical_volume": 449661.8, "trend": 28.781667, "fair_value": 31.520833, "relative_strength": -5.6083, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 20.267527, "energy": 48.872476, "activity_lines": [ 30.933334, 29.440909, 28.235952, 28.369893 ] }, { "date": "2025-08-01", "close": 29.299999, "volume": 408271, "typical_volume": 466372.25, "trend": 28.728333, "fair_value": 31.555449, "relative_strength": -8.898953, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 20.539129, "energy": 48.778898, "activity_lines": [ 30.673333, 29.558182, 28.377381, 28.403333 ] }, { "date": "2025-08-08", "close": 29.5, "volume": 194583, "typical_volume": 469349.1, "trend": 28.698333, "fair_value": 31.591346, "relative_strength": -10.231644, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 26.412219, "energy": 25.660686, "activity_lines": [ 30.24, 29.693636, 28.543095, 28.453118 ] }, { "date": "2025-08-15", "close": 28.9, "volume": 193945, "typical_volume": 472632.8, "trend": 28.673333, "fair_value": 31.620833, "relative_strength": -12.86115, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 9.773757, "energy": 8.67174, "activity_lines": [ 29.55, 29.674545, 28.654524, 28.466129 ] }, { "date": "2025-08-22", "close": 28.299999, "volume": 261809, "typical_volume": 478040.45, "trend": 28.593333, "fair_value": 31.647115, "relative_strength": -12.356011, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 1.344448, "energy": 7.896674, "activity_lines": [ 28.97, 29.53, 28.709047, 28.442043 ] }, { "date": "2025-08-29", "close": 28.0, "volume": 183456, "typical_volume": 466488.25, "trend": 28.531667, "fair_value": 31.670833, "relative_strength": -14.643202, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -6.642816, "energy": 11.046601, "activity_lines": [ 28.546666, 29.312727, 28.735952, 28.403763 ] }, { "date": "2025-09-05", "close": 27.6, "volume": 159523, "typical_volume": 466163.4, "trend": 28.435, "fair_value": 31.691987, "relative_strength": -16.381528, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -12.774568, "energy": 15.390336, "activity_lines": [ 28.146666, 28.978182, 28.703333, 28.343656 ] }, { "date": "2025-09-12", "close": 26.75, "volume": 141009, "typical_volume": 470995.9, "trend": 28.303333, "fair_value": 31.708654, "relative_strength": -21.62107, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -29.815923, "energy": 24.034868, "activity_lines": [ 27.576667, 28.454545, 28.569524, 28.234946 ] }, { "date": "2025-09-19", "close": 26.9, "volume": 167830, "typical_volume": 475316.35, "trend": 28.133333, "fair_value": 31.703846, "relative_strength": -21.089125, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -21.006356, "energy": 28.529243, "activity_lines": [ 27.24, 27.992727, 28.441667, 28.144409 ] }, { "date": "2025-09-26", "close": 26.15, "volume": 181542, "typical_volume": 479630.8, "trend": 27.95, "fair_value": 31.690385, "relative_strength": -22.762112, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -27.71055, "energy": 38.987834, "activity_lines": [ 26.786667, 27.515454, 28.237857, 28.016452 ] }, { "date": "2025-10-03", "close": 26.15, "volume": 79260, "typical_volume": 480092.2, "trend": 27.795, "fair_value": 31.679167, "relative_strength": -25.639834, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -26.984623, "energy": 44.065214, "activity_lines": [ 26.476667, 27.147273, 28.037381, 27.900322 ] }, { "date": "2025-10-10", "close": 25.9, "volume": 81154, "typical_volume": 481688.85, "trend": 27.645, "fair_value": 31.670192, "relative_strength": -27.19384, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -30.254706, "energy": 50.847633, "activity_lines": [ 26.206667, 26.81, 27.817857, 27.778064 ] }, { "date": "2025-10-17", "close": 25.950001, "volume": 125150, "typical_volume": 485078.5, "trend": 27.506667, "fair_value": 31.653846, "relative_strength": -26.4653, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -40.005695, "energy": 61.09225, "activity_lines": [ 26.066667, 26.543637, 27.614524, 27.66871 ] }, { "date": "2025-10-24", "close": 26.299999, "volume": 94266, "typical_volume": 483161.05, "trend": 27.418333, "fair_value": 31.655449, "relative_strength": -25.25231, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -36.296954, "energy": 59.415393, "activity_lines": [ 26.096667, 26.405455, 27.449524, 27.59086 ] }, { "date": "2025-10-31", "close": 25.950001, "volume": 178750, "typical_volume": 488043.6, "trend": 27.333333, "fair_value": 31.653205, "relative_strength": -27.289329, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -37.365264, "energy": 56.010208, "activity_lines": [ 26.05, 26.250909, 27.259286, 27.496129 ] }, { "date": "2025-11-07", "close": 25.0, "volume": 102005, "typical_volume": 478925.5, "trend": 27.383333, "fair_value": 31.631731, "relative_strength": -27.694506, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -77.024786, "energy": 72.199025, "activity_lines": [ 25.7, 25.966364, 26.985, 27.345591 ] }, { "date": "2025-11-14", "close": 24.6, "volume": 90335, "typical_volume": 479615.55, "trend": 27.425, "fair_value": 31.592308, "relative_strength": -27.417079, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -79.852928, "energy": 79.959004, "activity_lines": [ 25.293333, 25.663636, 26.675238, 27.166022 ] }, { "date": "2025-11-21", "close": 23.299999, "volume": 86497, "typical_volume": 471426.15, "trend": 27.368333, "fair_value": 31.559295, "relative_strength": -28.108008, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -90.215231, "energy": 93.556217, "activity_lines": [ 24.54, 25.179091, 26.246905, 26.899892 ] }, { "date": "2025-11-28", "close": 24.85, "volume": 86740, "typical_volume": 355890.55, "trend": 27.331667, "fair_value": 31.534615, "relative_strength": -25.968459, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.448808, "energy": 83.273496, "activity_lines": [ 24.48, 25.039091, 25.991667, 26.737419 ] }, { "date": "2025-12-05", "close": 24.75, "volume": 45269, "typical_volume": 170520.6, "trend": 27.261667, "fair_value": 31.521474, "relative_strength": -26.531294, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.864491, "energy": 78.414205, "activity_lines": [ 24.483333, 24.918182, 25.768333, 26.57086 ] }, { "date": "2025-12-12", "close": 24.4, "volume": 81401, "typical_volume": 147139.75, "trend": 27.17, "fair_value": 31.498718, "relative_strength": -27.4721, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.514548, "energy": 65.302886, "activity_lines": [ 24.45, 24.759091, 25.546905, 26.386237 ] }, { "date": "2025-12-19", "close": 25.25, "volume": 90254, "typical_volume": 131238.9, "trend": 27.068333, "fair_value": 31.474359, "relative_strength": -22.96776, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -58.133904, "energy": 45.816498, "activity_lines": [ 24.74, 24.786364, 25.434762, 26.262366 ] }, { "date": "2025-12-26", "close": 24.9, "volume": 98010, "typical_volume": 126410.25, "trend": 26.998333, "fair_value": 31.456731, "relative_strength": -25.734235, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -45.657368, "energy": 37.367029, "activity_lines": [ 24.87, 24.761818, 25.308571, 26.122473 ] }, { "date": "2026-01-02", "close": 28.1, "volume": 1435498, "typical_volume": 188487.9, "trend": 27.001667, "fair_value": 31.465385, "relative_strength": -17.959372, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -1.428095, "energy": 13.495566, "activity_lines": [ 25.96, 25.338182, 25.509048, 26.193548 ] }, { "date": "2026-01-09", "close": 28.35, "volume": 1193885, "typical_volume": 235091.7, "trend": 27.036667, "fair_value": 31.480128, "relative_strength": -19.275703, "stage": 1, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": 13.760128, "energy": 26.53523, "activity_lines": [ 26.916667, 25.927273, 25.737143, 26.280538 ] }, { "date": "2026-01-16", "close": 27.0, "volume": 323587, "typical_volume": 242098.25, "trend": 27.085, "fair_value": 31.472436, "relative_strength": -25.329453, "stage": 1, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "mixed", "direction": 15.412737, "energy": 28.418482, "activity_lines": [ 27.183333, 26.227273, 25.836429, 26.278172 ] }, { "date": "2026-01-23", "close": 28.799999, "volume": 951075, "typical_volume": 281675.85, "trend": 27.188333, "fair_value": 31.493269, "relative_strength": -21.16917, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 31.896865, "energy": 37.102758, "activity_lines": [ 27.876666, 26.818182, 26.111905, 26.388817 ] }, { "date": "2026-01-30", "close": 27.799999, "volume": 252747, "typical_volume": 287262.75, "trend": 27.16, "fair_value": 31.507051, "relative_strength": -23.632733, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 19.836122, "energy": 34.332948, "activity_lines": [ 27.999999, 27.150909, 26.286428, 26.428279 ] }, { "date": "2026-02-06", "close": 29.6, "volume": 1245750, "typical_volume": 341158.75, "trend": 27.028333, "fair_value": 31.530449, "relative_strength": -17.455437, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 39.21657, "energy": 33.987145, "activity_lines": [ 28.53, 27.729091, 26.627381, 26.585699 ] }, { "date": "2026-02-13", "close": 28.0, "volume": 202024, "typical_volume": 342182.85, "trend": 26.89, "fair_value": 31.543269, "relative_strength": -25.527018, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 26.903049, "energy": 26.562723, "activity_lines": [ 28.426666, 27.93, 26.803095, 26.648387 ] }, { "date": "2026-02-27", "close": 31.4, "volume": 962301, "typical_volume": 386334.9, "trend": 26.925, "fair_value": 31.576282, "relative_strength": -20.115235, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 70.045553, "energy": 44.291191, "activity_lines": [ 29.48, 28.69, 27.293809, 26.939355 ] }, { "date": "2026-03-06", "close": 36.450001, "volume": 5615560, "typical_volume": 663055.2, "trend": 27.163333, "fair_value": 31.646474, "relative_strength": -1.768074, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 83.857931, "energy": 71.224392, "activity_lines": [ 31.923334, 30.240909, 28.240476, 27.553871 ] }, { "date": "2026-03-13", "close": 33.5, "volume": 1217934, "typical_volume": 717694.4, "trend": 27.296667, "fair_value": 31.697436, "relative_strength": -8.604768, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.188688, "energy": 67.166753, "activity_lines": [ 32.873334, 31.051818, 28.855952, 27.962688 ] }, { "date": "2026-03-20", "close": 33.099998, "volume": 1121314, "typical_volume": 769046.8, "trend": 27.436667, "fair_value": 31.739744, "relative_strength": -9.452509, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 61.291748, "energy": 66.060234, "activity_lines": [ 33.31, 31.633636, 29.397381, 28.337097 ] }, { "date": "2026-03-27", "close": 30.75, "volume": 333992, "typical_volume": 776808.9, "trend": 27.518333, "fair_value": 31.763462, "relative_strength": -14.139022, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 57.580609, "energy": 48.546028, "activity_lines": [ 32.73, 31.697272, 29.682619, 28.55086 ] }, { "date": "2026-04-03", "close": 28.5, "volume": 325319, "typical_volume": 787974.6, "trend": 27.535, "fair_value": 31.77532, "relative_strength": -18.42724, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 38.965087, "energy": 23.842636, "activity_lines": [ 31.216666, 31.308182, 29.730714, 28.614193 ] }, { "date": "2026-04-10", "close": 31.700001, "volume": 492980, "typical_volume": 808106.85, "trend": 27.671667, "fair_value": 31.804167, "relative_strength": -15.889198, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 37.924543, "energy": 19.464249, "activity_lines": [ 30.963333, 31.473636, 30.066905, 28.882903 ] }, { "date": "2026-04-17", "close": 31.049999, "volume": 422285, "typical_volume": 824896.25, "trend": 27.815, "fair_value": 31.827885, "relative_strength": -20.198808, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 33.176575, "energy": 18.191908, "activity_lines": [ 30.81, 31.468182, 30.307381, 29.10086 ] }, { "date": "2026-04-24", "close": 31.1, "volume": 794584, "typical_volume": 860288.45, "trend": 27.955, "fair_value": 31.854167, "relative_strength": -23.878355, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 31.284207, "energy": 16.140987, "activity_lines": [ 30.836667, 31.412727, 30.515714, 29.312796 ] }, { "date": "2026-05-01", "close": 30.25, "volume": 383977, "typical_volume": 877223.85, "trend": 28.091667, "fair_value": 31.876282, "relative_strength": -25.28947, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 31.728505, "energy": 16.637857, "activity_lines": [ 30.713333, 31.175454, 30.613333, 29.46086 ] }, { "date": "2026-05-08", "close": 30.799999, "volume": 695386, "typical_volume": 907923.1, "trend": 28.246667, "fair_value": 31.9, "relative_strength": -28.151472, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 30.702682, "energy": 15.00878, "activity_lines": [ 30.806666, 30.997272, 30.737143, 29.635591 ] }, { "date": "2026-05-15", "close": 28.9, "volume": 457056, "typical_volume": 926263.2, "trend": 28.346667, "fair_value": 31.908654, "relative_strength": -31.129118, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 13.234493, "energy": 8.222322, "activity_lines": [ 30.113333, 30.484545, 30.649524, 29.677742 ] }, { "date": "2026-05-22", "close": 29.6, "volume": 272298, "typical_volume": 934977.6, "trend": 28.468333, "fair_value": 31.925, "relative_strength": -30.578595, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 12.237425, "energy": 9.229991, "activity_lines": [ 29.84, 30.236363, 30.61119, 29.758602 ] }, { "date": "2026-05-29", "close": 29.299999, "volume": 412238, "typical_volume": 883814.6, "trend": 28.568333, "fair_value": 31.935577, "relative_strength": -34.251573, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 8.467096, "energy": 9.357836, "activity_lines": [ 29.563333, 30.004545, 30.521904, 29.812258 ] }, { "date": "2026-06-05", "close": 33.5, "volume": 2599242, "typical_volume": 954082.45, "trend": 28.82, "fair_value": 31.933974, "relative_strength": -24.631866, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 42.310763, "energy": 16.999912, "activity_lines": [ 30.806666, 30.605454, 30.826905, 30.13043 ] }, { "date": "2026-06-12", "close": 30.200001, "volume": 717184, "typical_volume": 973762.3, "trend": 28.993333, "fair_value": 31.902885, "relative_strength": -29.835678, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 25.034159, "energy": 13.237147, "activity_lines": [ 30.733333, 30.556364, 30.793095, 30.219462 ] }, { "date": "2026-06-19", "close": 29.85, "volume": 257598, "typical_volume": 939088.45, "trend": 29.168333, "fair_value": 31.858333, "relative_strength": -33.293488, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 20.223838, "energy": 11.888826, "activity_lines": [ 30.583333, 30.412727, 30.710714, 30.274731 ] }, { "date": "2026-06-26", "close": 29.700001, "volume": 594196, "typical_volume": 956160.9, "trend": 29.381667, "fair_value": 31.811538, "relative_strength": -30.12182, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 18.339541, "energy": 10.991952, "activity_lines": [ 30.32, 30.275455, 30.609048, 30.309032 ] }, { "date": "2026-07-03", "close": 29.9, "volume": 184604, "typical_volume": 903103.6, "trend": 29.55, "fair_value": 31.753846, "relative_strength": -32.291549, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 8.08492, "energy": 6.79854, "activity_lines": [ 30.116667, 30.199091, 30.517381, 30.342473 ] }, { "date": "2026-07-10", "close": 28.65, "volume": 164255, "typical_volume": 901215.15, "trend": 29.68, "fair_value": 31.640385, "relative_strength": -32.199769, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -18.424166, "energy": 20.14238, "activity_lines": [ 29.456667, 29.917273, 30.305238, 30.284409 ] }, { "date": "2026-07-17", "close": 26.5, "volume": 152562, "typical_volume": 860728.2, "trend": 29.75, "fair_value": 31.508333, "relative_strength": -32.148636, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -43.00678, "energy": 45.300853, "activity_lines": [ 28.403333, 29.273637, 29.885238, 30.079247 ] }, { "date": "2026-07-24", "close": 26.299999, "volume": 88103, "typical_volume": 584355.35, "trend": 29.785, "fair_value": 31.361218, "relative_strength": -33.091983, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -42.875083, "energy": 55.117658, "activity_lines": [ 27.53, 28.671818, 29.469524, 29.856667 ] }, { "date": "2026-07-31", "close": 25.049999, "volume": 103325, "typical_volume": 528624.9, "trend": 29.79, "fair_value": 31.247436, "relative_strength": -34.476345, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -75.015138, "energy": 73.526208, "activity_lines": [ 26.476666, 27.89, 28.983095, 29.551183 ] }, { "date": "2026-08-07", "close": 26.85, "volume": 93003, "typical_volume": 477209.35, "trend": 29.748333, "fair_value": 31.163141, "relative_strength": -30.55586, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.966504, "energy": 68.360444, "activity_lines": [ 26.333333, 27.518182, 28.708333, 29.361505 ] }, { "date": "2026-08-14", "close": 27.6, "volume": 85292, "typical_volume": 464774.35, "trend": 29.723333, "fair_value": 31.109295, "relative_strength": -30.124438, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -58.906498, "energy": 59.039917, "activity_lines": [ 26.643333, 27.327273, 28.534762, 29.222903 ] } ], "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." } } }