{ "ticker": { "uuid": "2301554c-1be1-4005-8e3b-450cb1eac3cb", "symbol": "KHC", "name": "The Kraft Heinz Company", "exchange": "VIE", "country": "AT", "assetType": "equity" }, "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.", "analysis": { "eligible": true, "as_of": "2026-08-07", "benchmark": "^ATX", "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": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Early expansion", "architecture_gate": "up", "architecture_direction": 63.985, "architecture_energy": 53.493, "architecture_maturity": 16.299, "architecture_confidence": 55.791, "architecture_tenure": "Developing", "architecture": { "interpretation": { "headline": "The weekly architecture is expanding upward.", "body": "Trend and Activity show sustained positive alignment with constructive price acceptance. Directional energy remains positive; cooling within this regime can indicate that it is maturing." }, "scores": { "balance": 13.4, "rotation_up": 69.61, "upward_expansion": 83.22, "deceleration": 54.2, "rotation_down": 13.88, "downward_expansion": 7.56 }, "activity_lines": [ 22.317667, 21.976455, 21.111994, 20.689369 ], "activity_state": "Wide", "activity_direction": "Stable", "rotation_direction": "Improving", "price_acceptance": 0.833333 }, "latest_close": 21.775, "trend_reference": 20.274479, "distance_from_trend": 0.07401, "trend_direction": "Improving", "fair_value": 24.848554, "distance_from_fair_value": -0.123691, "fair_value_direction": "Improving", "relative_strength": -14.375357, "relative_strength_direction": "Improving", "price_momentum": 0.068463, "excess_performance": -0.105783, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.07401, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.01652, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.123691, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": true, "value": 0.098564, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.143754, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.058994, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.068463, "read": "Positive" }, { "label": "Volume balance", "positive": false, "value": 0.515988, "read": "Supply-led" } ], "volume": { "latest": 6144, "relative_activity": 2.290187, "balance": 0.515988, "dry_up": 1.507129, "accumulation_observations": 2, "distribution_observations": 3 }, "risk": { "range_context": 0.053973, "annualized_volatility": 0.259605, "from_high_reference": -0.106483, "from_low_reference": 0.19341 }, "levels": { "trend_reference": 20.274479, "fair_value_reference": 24.848554, "structural_low": 18.246029, "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": 14, "median_return": -0.0165, "positive_rate": 0.357143, "directional_follow_through": 0.357143, "median_excess_return": -0.027981, "regime_survival": 0.571429, "best_return": 0.149776, "worst_return": -0.145051, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 6, "median_return": -0.025508, "positive_rate": 0.333333, "directional_follow_through": 0.333333, "median_excess_return": -0.053212, "regime_survival": 0.166667, "best_return": 0.300776, "worst_return": -0.118768, "sufficient": true }, { "horizon": "Extended", "sample_count": 3, "median_return": -0.03366, "positive_rate": 0.333333, "directional_follow_through": 0.333333, "median_excess_return": -0.210058, "regime_survival": 0.0, "best_return": 0.162501, "worst_return": -0.128856, "sufficient": false }, { "horizon": "Full cycle", "sample_count": 3, "median_return": -0.007223, "positive_rate": 0.333333, "directional_follow_through": 0.333333, "median_excess_return": -0.0318, "regime_survival": 0.666667, "best_return": 0.185371, "worst_return": -0.141384, "sufficient": false } ], "ledger": [ { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-05-24", "end": "2024-06-07", "tenure": "New", "return": -0.026986, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2024-06-14", "end": "2024-06-21", "tenure": "New", "return": 0.010888, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2024-06-28", "end": "2024-08-30", "tenure": "Developing", "return": 0.076331, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2024-09-06", "end": "2024-10-04", "tenure": "Developing", "return": -0.038243, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-10-11", "end": "2024-11-15", "tenure": "Developing", "return": -0.092483, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2024-11-22", "end": "2024-12-13", "tenure": "New", "return": 0.020748, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-12-20", "end": "2025-01-03", "tenure": "New", "return": 0.02326, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-01-10", "end": "2025-08-22", "tenure": "Extended", "return": -0.124501, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-08-29", "end": "2025-09-26", "tenure": "Developing", "return": -0.049583, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-10-03", "end": "2026-02-27", "tenure": "Established", "return": -0.034078, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-03-06", "end": "2026-03-27", "tenure": "New", "return": -0.07416, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-04-03", "end": "2026-05-22", "tenure": "Developing", "return": 0.019228, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-05-29", "end": "2026-07-03", "tenure": "Developing", "return": 0.081322, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-07-10", "end": "2026-08-07", "tenure": "Developing", "return": -0.001605, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 26.404831, "volume": 0, "typical_volume": 542.85, "trend": 29.360937, "fair_value": 26.869278, "relative_strength": -11.05496, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -81.19093, "energy": 71.79256, "activity_lines": [ 26.997746, 27.279362, 28.172632, 28.718033 ] }, { "date": "2023-08-25", "close": 26.749182, "volume": 242, "typical_volume": 540.25, "trend": 29.250483, "fair_value": 26.901642, "relative_strength": -8.977191, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.257834, "energy": 76.209856, "activity_lines": [ 26.819473, 27.131725, 27.968456, 28.549533 ] }, { "date": "2023-09-01", "close": 26.157085, "volume": 1823, "typical_volume": 621.4, "trend": 29.115858, "fair_value": 26.934091, "relative_strength": -12.549631, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -77.593251, "energy": 85.545541, "activity_lines": [ 26.521776, 26.914542, 27.72382, 28.349959 ] }, { "date": "2023-09-08", "close": 26.320753, "volume": 717, "typical_volume": 640.75, "trend": 28.967702, "fair_value": 26.973339, "relative_strength": -10.941208, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -71.063088, "energy": 83.83983, "activity_lines": [ 26.400299, 26.763776, 27.512402, 28.169629 ] }, { "date": "2023-09-15", "close": 27.169256, "volume": 311, "typical_volume": 656.3, "trend": 28.837437, "fair_value": 27.026051, "relative_strength": -8.964481, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.639388, "energy": 57.707707, "activity_lines": [ 26.633583, 26.789913, 27.398824, 28.0536 ] }, { "date": "2023-09-22", "close": 27.879927, "volume": 119, "typical_volume": 620.1, "trend": 28.723654, "fair_value": 27.085402, "relative_strength": -5.555993, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -48.819843, "energy": 39.822844, "activity_lines": [ 27.073485, 26.953627, 27.366578, 27.991826 ] }, { "date": "2023-09-29", "close": 27.513826, "volume": 432, "typical_volume": 608.35, "trend": 28.630511, "fair_value": 27.13807, "relative_strength": -6.734747, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -40.070207, "energy": 25.161649, "activity_lines": [ 27.293013, 27.034391, 27.316178, 27.913772 ] }, { "date": "2023-10-06", "close": 25.842663, "volume": 86, "typical_volume": 555.7, "trend": 28.492982, "fair_value": 27.17696, "relative_strength": -10.702029, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.77745, "energy": 35.101996, "activity_lines": [ 26.904511, 26.818662, 27.125135, 27.733911 ] }, { "date": "2023-10-13", "close": 25.601465, "volume": 1295, "typical_volume": 592.35, "trend": 28.35652, "fair_value": 27.208171, "relative_strength": -11.776441, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -76.326737, "energy": 48.908617, "activity_lines": [ 26.456571, 26.597977, 26.932349, 27.547362 ] }, { "date": "2023-10-20", "close": 25.691917, "volume": 50, "typical_volume": 541.75, "trend": 28.222933, "fair_value": 27.246622, "relative_strength": -7.76182, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -72.36173, "energy": 65.612004, "activity_lines": [ 26.086734, 26.426432, 26.769054, 27.375452 ] }, { "date": "2023-10-27", "close": 25.739292, "volume": 794, "typical_volume": 504.5, "trend": 28.084199, "fair_value": 27.28631, "relative_strength": -6.705829, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.589929, "energy": 74.606778, "activity_lines": [ 25.831178, 26.282105, 26.631116, 27.215217 ] }, { "date": "2023-11-03", "close": 26.833298, "volume": 2024, "typical_volume": 543.05, "trend": 27.975487, "fair_value": 27.330377, "relative_strength": -7.464008, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -59.988438, "energy": 51.525287, "activity_lines": [ 26.083, 26.348789, 26.613919, 27.134513 ] }, { "date": "2023-11-10", "close": 26.497345, "volume": 514, "typical_volume": 540.65, "trend": 27.863423, "fair_value": 27.373846, "relative_strength": -8.956165, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -55.43749, "energy": 38.184633, "activity_lines": [ 26.268206, 26.352861, 26.574307, 27.039149 ] }, { "date": "2023-11-17", "close": 26.527496, "volume": 420, "typical_volume": 505.35, "trend": 27.751103, "fair_value": 27.415018, "relative_strength": -10.58197, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -39.710306, "energy": 23.584235, "activity_lines": [ 26.419817, 26.356228, 26.545548, 26.952961 ] }, { "date": "2023-11-24", "close": 27.543974, "volume": 0, "typical_volume": 497.85, "trend": 27.668041, "fair_value": 27.458208, "relative_strength": -6.351649, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -10.751333, "energy": 16.153572, "activity_lines": [ 26.848518, 26.540651, 26.618538, 26.939597 ] }, { "date": "2023-12-01", "close": 28.31476, "volume": 1260, "typical_volume": 560.0, "trend": 27.565552, "fair_value": 27.504322, "relative_strength": -5.319881, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 15.445522, "energy": 25.75122, "activity_lines": [ 27.410678, 26.858404, 26.765343, 26.981321 ] }, { "date": "2023-12-08", "close": 29.339706, "volume": 795, "typical_volume": 586.25, "trend": 27.496807, "fair_value": 27.555913, "relative_strength": -1.798991, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 46.889746, "energy": 57.876621, "activity_lines": [ 28.142789, 27.354604, 27.0034, 27.095783 ] }, { "date": "2023-12-15", "close": 29.405134, "volume": 2807, "typical_volume": 726.6, "trend": 27.466957, "fair_value": 27.604642, "relative_strength": -2.726171, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 53.45532, "energy": 74.790078, "activity_lines": [ 28.729615, 27.829503, 27.240919, 27.218901 ] }, { "date": "2023-12-22", "close": 28.794523, "volume": 546, "typical_volume": 727.3, "trend": 27.427261, "fair_value": 27.650769, "relative_strength": -5.424701, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 38.110914, "energy": 70.802003, "activity_lines": [ 28.919051, 28.128609, 27.413508, 27.30455 ] }, { "date": "2023-12-29", "close": 28.982065, "volume": 242, "typical_volume": 723.85, "trend": 27.391015, "fair_value": 27.697782, "relative_strength": -5.22723, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 64.985881, "energy": 79.346446, "activity_lines": [ 29.019866, 28.403758, 27.597316, 27.40486 ] }, { "date": "2024-01-05", "close": 30.251265, "volume": 513, "typical_volume": 749.5, "trend": 27.425559, "fair_value": 27.758691, "relative_strength": -0.649012, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 82.762951, "energy": 86.053858, "activity_lines": [ 29.447875, 28.84985, 27.891206, 27.589392 ] }, { "date": "2024-01-12", "close": 29.89362, "volume": 840, "typical_volume": 779.4, "trend": 27.460511, "fair_value": 27.82212, "relative_strength": -0.675254, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 71.746233, "energy": 78.658324, "activity_lines": [ 29.627569, 29.14888, 28.132717, 27.748622 ] }, { "date": "2024-01-19", "close": 29.531614, "volume": 773, "typical_volume": 726.9, "trend": 27.505785, "fair_value": 27.881089, "relative_strength": -0.200565, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 62.901196, "energy": 64.93244, "activity_lines": [ 29.649667, 29.326448, 28.324779, 27.882242 ] }, { "date": "2024-01-26", "close": 29.845644, "volume": 82, "typical_volume": 695.15, "trend": 27.581792, "fair_value": 27.936554, "relative_strength": -2.326, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.896089, "energy": 64.403824, "activity_lines": [ 29.768009, 29.505944, 28.530679, 28.0332 ] }, { "date": "2024-02-02", "close": 30.373384, "volume": 81, "typical_volume": 683.65, "trend": 27.673265, "fair_value": 27.994893, "relative_strength": -0.148246, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 74.4719, "energy": 69.344579, "activity_lines": [ 29.99219, 29.721063, 28.770054, 28.213303 ] }, { "date": "2024-02-09", "close": 29.169609, "volume": 302, "typical_volume": 692.8, "trend": 27.746293, "fair_value": 28.039754, "relative_strength": -1.716191, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 60.831635, "energy": 48.819369, "activity_lines": [ 29.722357, 29.66587, 28.879527, 28.309841 ] }, { "date": "2024-02-16", "close": 28.275509, "volume": 402, "typical_volume": 691.3, "trend": 27.758201, "fair_value": 28.0705, "relative_strength": -5.944004, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 40.591401, "energy": 28.893227, "activity_lines": [ 29.226602, 29.43257, 28.897706, 28.343984 ] }, { "date": "2024-02-23", "close": 29.300455, "volume": 302, "typical_volume": 702.1, "trend": 27.802147, "fair_value": 28.109906, "relative_strength": -1.819198, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 37.603104, "energy": 22.876737, "activity_lines": [ 29.18037, 29.404974, 29.009872, 28.443484 ] }, { "date": "2024-03-01", "close": 28.38018, "volume": 0, "typical_volume": 637.35, "trend": 27.834832, "fair_value": 28.137726, "relative_strength": -4.692966, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 25.447801, "energy": 23.234626, "activity_lines": [ 28.84279, 29.211958, 29.017927, 28.480777 ] }, { "date": "2024-03-08", "close": 28.138664, "volume": 186, "typical_volume": 644.15, "trend": 27.882281, "fair_value": 28.161304, "relative_strength": -5.426812, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 1.365713, "energy": 16.187611, "activity_lines": [ 28.522402, 28.982563, 28.989748, 28.500379 ] }, { "date": "2024-03-15", "close": 27.851631, "volume": 302, "typical_volume": 619.55, "trend": 27.930508, "fair_value": 28.177703, "relative_strength": -6.986963, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -6.675216, "energy": 19.62523, "activity_lines": [ 28.255318, 28.716315, 28.922582, 28.498402 ] }, { "date": "2024-03-22", "close": 29.269159, "volume": 350, "typical_volume": 535.85, "trend": 28.014507, "fair_value": 28.201884, "relative_strength": -4.442237, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 14.418784, "energy": 17.691903, "activity_lines": [ 28.548608, 28.751429, 28.98036, 28.584766 ] }, { "date": "2024-03-29", "close": 30.143526, "volume": 604, "typical_volume": 540.35, "trend": 28.147389, "fair_value": 28.229925, "relative_strength": -2.43081, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 49.141269, "energy": 22.954703, "activity_lines": [ 29.067111, 28.956873, 29.109811, 28.722122 ] }, { "date": "2024-04-05", "close": 30.28042, "volume": 0, "typical_volume": 519.35, "trend": 28.279378, "fair_value": 28.257145, "relative_strength": -2.635956, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 56.740562, "energy": 52.227487, "activity_lines": [ 29.57504, 29.176081, 29.234937, 28.859737 ] }, { "date": "2024-04-12", "close": 30.041954, "volume": 60, "typical_volume": 522.35, "trend": 28.375134, "fair_value": 28.282222, "relative_strength": -2.92954, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 61.456018, "energy": 63.947856, "activity_lines": [ 29.876798, 29.344027, 29.319481, 28.973452 ] }, { "date": "2024-04-19", "close": 30.97373, "volume": 0, "typical_volume": 459.35, "trend": 28.478261, "fair_value": 28.315362, "relative_strength": 0.681201, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 78.381754, "energy": 81.115743, "activity_lines": [ 30.362262, 29.687412, 29.48087, 29.141103 ] }, { "date": "2024-04-26", "close": 31.578718, "volume": 30, "typical_volume": 421.1, "trend": 28.613757, "fair_value": 28.350019, "relative_strength": 2.393021, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 84.962219, "energy": 87.051634, "activity_lines": [ 30.841249, 30.107993, 29.687216, 29.341133 ] }, { "date": "2024-05-03", "close": 29.865316, "volume": 115, "typical_volume": 286.5, "trend": 28.747846, "fair_value": 28.366215, "relative_strength": -4.007278, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 62.550118, "energy": 64.905368, "activity_lines": [ 30.595131, 30.156988, 29.719718, 29.421878 ] }, { "date": "2024-05-10", "close": 29.463463, "volume": 103, "typical_volume": 264.35, "trend": 28.876579, "fair_value": 28.376464, "relative_strength": -7.365381, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 56.203646, "energy": 41.301097, "activity_lines": [ 30.23361, 30.122648, 29.711758, 29.468047 ] }, { "date": "2024-05-17", "close": 29.185253, "volume": 297, "typical_volume": 267.1, "trend": 28.993024, "fair_value": 28.385668, "relative_strength": -9.440413, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 28.114741, "energy": 18.472979, "activity_lines": [ 29.833815, 30.018029, 29.674116, 29.487962 ] }, { "date": "2024-05-24", "close": 29.326569, "volume": 297, "typical_volume": 256.3, "trend": 29.112599, "fair_value": 28.395655, "relative_strength": -8.535688, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 17.719352, "energy": 22.798248, "activity_lines": [ 29.53824, 29.920075, 29.648964, 29.509481 ] }, { "date": "2024-05-31", "close": 28.456617, "volume": 211, "typical_volume": 224.85, "trend": 29.16671, "fair_value": 28.398225, "relative_strength": -9.455441, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -22.888394, "energy": 31.236204, "activity_lines": [ 29.062491, 29.637131, 29.545364, 29.467159 ] }, { "date": "2024-06-07", "close": 28.535166, "volume": 431, "typical_volume": 207.75, "trend": 29.234637, "fair_value": 28.403885, "relative_strength": -8.169732, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -29.938612, "energy": 34.86277, "activity_lines": [ 28.821065, 29.383242, 29.456087, 29.426414 ] }, { "date": "2024-06-14", "close": 27.104382, "volume": 235, "typical_volume": 215.4, "trend": 29.253867, "fair_value": 28.407661, "relative_strength": -9.423398, "stage": 1, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -59.721399, "energy": 68.44654, "activity_lines": [ 28.191388, 28.898453, 29.235291, 29.288979 ] }, { "date": "2024-06-21", "close": 27.399483, "volume": 297, "typical_volume": 226.2, "trend": 29.249051, "fair_value": 28.414324, "relative_strength": -9.567732, "stage": 1, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -77.819596, "energy": 82.236577, "activity_lines": [ 27.81735, 28.525065, 29.055652, 29.169341 ] }, { "date": "2024-06-28", "close": 26.889767, "volume": 166, "typical_volume": 219.4, "trend": 29.201551, "fair_value": 28.417273, "relative_strength": -11.429477, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -80.647836, "energy": 86.374584, "activity_lines": [ 27.392457, 28.107046, 28.841631, 29.017129 ] }, { "date": "2024-07-05", "close": 26.35322, "volume": 200, "typical_volume": 209.3, "trend": 29.102001, "fair_value": 28.419318, "relative_strength": -15.17495, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -83.426677, "energy": 90.853876, "activity_lines": [ 26.95117, 27.665727, 28.587366, 28.833366 ] }, { "date": "2024-07-12", "close": 26.473946, "volume": 0, "typical_volume": 194.2, "trend": 29.004295, "fair_value": 28.42281, "relative_strength": -14.461396, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -74.065805, "energy": 86.748177, "activity_lines": [ 26.690351, 27.341368, 28.353753, 28.663814 ] }, { "date": "2024-07-19", "close": 27.310059, "volume": 0, "typical_volume": 194.2, "trend": 28.954813, "fair_value": 28.432333, "relative_strength": -10.672538, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.653805, "energy": 66.935019, "activity_lines": [ 26.84565, 27.23069, 28.21323, 28.554508 ] }, { "date": "2024-07-26", "close": 27.542561, "volume": 17, "typical_volume": 185.75, "trend": 28.906829, "fair_value": 28.445784, "relative_strength": -9.659191, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.97206, "energy": 50.833997, "activity_lines": [ 27.064739, 27.201438, 28.099945, 28.463395 ] }, { "date": "2024-08-02", "close": 29.08065, "volume": 764, "typical_volume": 208.85, "trend": 28.867809, "fair_value": 28.475313, "relative_strength": -0.630382, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -26.318997, "energy": 19.374128, "activity_lines": [ 27.786986, 27.481706, 28.135983, 28.474609 ] }, { "date": "2024-08-09", "close": 28.839207, "volume": 3801, "typical_volume": 381.4, "trend": 28.832662, "fair_value": 28.50021, "relative_strength": -2.318072, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -18.532148, "energy": 23.721528, "activity_lines": [ 28.282692, 27.722546, 28.143174, 28.472764 ] }, { "date": "2024-08-16", "close": 28.217712, "volume": 338, "typical_volume": 368.1, "trend": 28.788865, "fair_value": 28.525177, "relative_strength": -6.005924, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -21.973202, "energy": 25.230041, "activity_lines": [ 28.405501, 27.843431, 28.093223, 28.43309 ] }, { "date": "2024-08-23", "close": 28.597763, "volume": 17, "typical_volume": 368.95, "trend": 28.747269, "fair_value": 28.555516, "relative_strength": -6.158341, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -14.307859, "energy": 23.241175, "activity_lines": [ 28.538743, 28.039188, 28.088638, 28.420761 ] }, { "date": "2024-08-30", "close": 28.94228, "volume": 0, "typical_volume": 365.95, "trend": 28.699566, "fair_value": 28.588494, "relative_strength": -5.946375, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "mixed", "direction": 19.962172, "energy": 23.245572, "activity_lines": [ 28.700977, 28.270433, 28.124876, 28.433342 ] }, { "date": "2024-09-06", "close": 29.481098, "volume": 0, "typical_volume": 365.95, "trend": 28.709949, "fair_value": 28.622557, "relative_strength": -0.187742, "stage": 4, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 30.626336, "energy": 28.135009, "activity_lines": [ 28.949502, 28.571593, 28.217667, 28.483764 ] }, { "date": "2024-09-13", "close": 28.992085, "volume": 0, "typical_volume": 364.45, "trend": 28.733834, "fair_value": 28.652427, "relative_strength": -2.314281, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 19.236044, "energy": 33.846672, "activity_lines": [ 29.008326, 28.736727, 28.270993, 28.501966 ] }, { "date": "2024-09-20", "close": 28.335543, "volume": 100, "typical_volume": 363.7, "trend": 28.701671, "fair_value": 28.676752, "relative_strength": -4.641475, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 15.513498, "energy": 25.012831, "activity_lines": [ 28.838111, 28.73451, 28.274109, 28.47627 ] }, { "date": "2024-09-27", "close": 28.910583, "volume": 332, "typical_volume": 375.15, "trend": 28.719351, "fair_value": 28.702193, "relative_strength": -3.398031, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 17.522415, "energy": 18.285158, "activity_lines": [ 28.851721, 28.802998, 28.339275, 28.489748 ] }, { "date": "2024-10-04", "close": 28.353651, "volume": 314, "typical_volume": 376.0, "trend": 28.726517, "fair_value": 28.723081, "relative_strength": -4.149507, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": -1.258748, "energy": 3.929783, "activity_lines": [ 28.658832, 28.741126, 28.354032, 28.466154 ] }, { "date": "2024-10-11", "close": 29.032837, "volume": 0, "typical_volume": 361.15, "trend": 28.765891, "fair_value": 28.74807, "relative_strength": -1.980362, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 4.347292, "energy": 5.162682, "activity_lines": [ 28.731581, 28.787995, 28.437434, 28.485917 ] }, { "date": "2024-10-18", "close": 30.092361, "volume": 586, "typical_volume": 379.9, "trend": 28.793331, "fair_value": 28.783229, "relative_strength": 1.28254, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 43.722713, "energy": 32.34665, "activity_lines": [ 29.187388, 29.028374, 28.623142, 28.571496 ] }, { "date": "2024-10-25", "close": 29.232061, "volume": 304, "typical_volume": 373.55, "trend": 28.762949, "fair_value": 28.813276, "relative_strength": -0.311968, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 24.516984, "energy": 30.780434, "activity_lines": [ 29.283076, 29.089551, 28.719127, 28.599801 ] }, { "date": "2024-11-01", "close": 28.041229, "volume": 1570, "typical_volume": 440.3, "trend": 28.688309, "fair_value": 28.82775, "relative_strength": -2.785997, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 6.558872, "energy": 12.568504, "activity_lines": [ 28.922053, 28.915769, 28.698381, 28.553238 ] }, { "date": "2024-11-08", "close": 27.80125, "volume": 0, "typical_volume": 425.45, "trend": 28.613619, "fair_value": 28.841216, "relative_strength": -4.104025, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -16.797541, "energy": 8.306311, "activity_lines": [ 28.538994, 28.708474, 28.650318, 28.496009 ] }, { "date": "2024-11-15", "close": 26.347797, "volume": 354, "typical_volume": 434.85, "trend": 28.459421, "fair_value": 28.853656, "relative_strength": -9.115258, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -49.778198, "energy": 45.922584, "activity_lines": [ 27.708277, 28.257661, 28.461919, 28.349827 ] }, { "date": "2024-11-22", "close": 27.303181, "volume": 125, "typical_volume": 431.1, "trend": 28.316903, "fair_value": 28.871641, "relative_strength": -5.035915, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -33.53557, "energy": 51.149843, "activity_lines": [ 27.375024, 28.037523, 28.367089, 28.275231 ] }, { "date": "2024-11-29", "close": 27.915543, "volume": 48, "typical_volume": 433.5, "trend": 28.251911, "fair_value": 28.898452, "relative_strength": -2.938637, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -32.024996, "energy": 52.890954, "activity_lines": [ 27.431837, 27.959431, 28.326056, 28.249336 ] }, { "date": "2024-12-06", "close": 26.832689, "volume": 0, "typical_volume": 433.5, "trend": 28.164218, "fair_value": 28.91855, "relative_strength": -7.565586, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -42.814171, "energy": 59.119839, "activity_lines": [ 27.215467, 27.692093, 28.175029, 28.157774 ] }, { "date": "2024-12-13", "close": 27.869659, "volume": 0, "typical_volume": 432.65, "trend": 28.120365, "fair_value": 28.934143, "relative_strength": -5.438343, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -27.708787, "energy": 25.407393, "activity_lines": [ 27.425323, 27.651074, 28.125034, 28.13877 ] }, { "date": "2024-12-20", "close": 26.828102, "volume": 314, "typical_volume": 410.15, "trend": 28.037083, "fair_value": 28.946633, "relative_strength": -7.279019, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -37.375159, "energy": 28.019219, "activity_lines": [ 27.283432, 27.429482, 27.974286, 28.055398 ] }, { "date": "2024-12-27", "close": 27.043755, "volume": 314, "typical_volume": 235.8, "trend": 27.989987, "fair_value": 28.958259, "relative_strength": -7.36929, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -32.508092, "energy": 29.296313, "activity_lines": [ 27.181405, 27.287185, 27.854802, 27.991312 ] }, { "date": "2025-01-03", "close": 27.452118, "volume": 0, "typical_volume": 218.9, "trend": 27.953886, "fair_value": 28.966913, "relative_strength": -6.203601, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -25.582262, "energy": 22.374989, "activity_lines": [ 27.232795, 27.274565, 27.78276, 27.956611 ] }, { "date": "2025-01-10", "close": 25.690193, "volume": 0, "typical_volume": 218.05, "trend": 27.906746, "fair_value": 28.962971, "relative_strength": -11.867318, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -77.993547, "energy": 61.948553, "activity_lines": [ 26.727771, 26.973958, 27.546561, 27.810566 ] }, { "date": "2025-01-17", "close": 26.061846, "volume": 0, "typical_volume": 218.05, "trend": 27.862158, "fair_value": 28.962178, "relative_strength": -13.238159, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -68.075932, "energy": 65.40957, "activity_lines": [ 26.422798, 26.78367, 27.359604, 27.691541 ] }, { "date": "2025-01-24", "close": 25.625954, "volume": 368, "typical_volume": 236.45, "trend": 27.820031, "fair_value": 28.963873, "relative_strength": -15.722586, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -73.243872, "energy": 72.484986, "activity_lines": [ 26.093048, 26.545755, 27.144849, 27.547269 ] }, { "date": "2025-01-31", "close": 26.539036, "volume": 693, "typical_volume": 271.1, "trend": 27.826225, "fair_value": 28.978057, "relative_strength": -12.736738, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.762501, "energy": 68.541809, "activity_lines": [ 26.147803, 26.486979, 27.035412, 27.464625 ] }, { "date": "2025-02-07", "close": 25.814074, "volume": 905, "typical_volume": 311.35, "trend": 27.804229, "fair_value": 28.987925, "relative_strength": -15.028703, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.649012, "energy": 60.946621, "activity_lines": [ 25.994551, 26.310285, 26.868613, 27.334808 ] }, { "date": "2025-02-14", "close": 25.529598, "volume": 1360, "typical_volume": 362.75, "trend": 27.744881, "fair_value": 28.978233, "relative_strength": -19.76826, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -68.712355, "energy": 52.932544, "activity_lines": [ 25.855677, 26.120077, 26.686727, 27.188058 ] }, { "date": "2025-02-21", "close": 26.947397, "volume": 680, "typical_volume": 381.05, "trend": 27.725042, "fair_value": 28.970202, "relative_strength": -14.156135, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -54.281827, "energy": 33.951137, "activity_lines": [ 26.200108, 26.211343, 26.65597, 27.136607 ] }, { "date": "2025-02-28", "close": 27.130936, "volume": 1020, "typical_volume": 432.05, "trend": 27.660051, "fair_value": 28.95763, "relative_strength": -15.246875, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -36.832432, "energy": 21.957683, "activity_lines": [ 26.546683, 26.352749, 26.649389, 27.098278 ] }, { "date": "2025-03-07", "close": 27.558851, "volume": 2720, "typical_volume": 538.75, "trend": 27.617373, "fair_value": 28.955038, "relative_strength": -16.377491, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -17.185002, "energy": 15.180273, "activity_lines": [ 26.935564, 26.566451, 26.692619, 27.091749 ] }, { "date": "2025-03-14", "close": 25.944307, "volume": 340, "typical_volume": 540.55, "trend": 27.541593, "fair_value": 28.947828, "relative_strength": -20.985207, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -38.303247, "energy": 22.415923, "activity_lines": [ 26.718276, 26.477234, 26.594147, 26.983809 ] }, { "date": "2025-03-21", "close": 25.558125, "volume": 715, "typical_volume": 497.8, "trend": 27.440271, "fair_value": 28.927556, "relative_strength": -20.991686, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -47.734572, "energy": 21.447126, "activity_lines": [ 26.363578, 26.345216, 26.474552, 26.855844 ] }, { "date": "2025-03-28", "close": 25.981533, "volume": 1340, "typical_volume": 564.8, "trend": 27.34158, "fair_value": 28.91018, "relative_strength": -17.592072, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -48.338084, "energy": 27.206346, "activity_lines": [ 26.148115, 26.292584, 26.407105, 26.761731 ] }, { "date": "2025-04-04", "close": 25.720974, "volume": 463, "typical_volume": 570.25, "trend": 27.216242, "fair_value": 28.880419, "relative_strength": -9.07851, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -53.56834, "energy": 40.359241, "activity_lines": [ 25.910189, 26.194037, 26.323509, 26.657176 ] }, { "date": "2025-04-11", "close": 23.67837, "volume": 3565, "typical_volume": 742.25, "trend": 27.039118, "fair_value": 28.829923, "relative_strength": -14.795938, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -78.791332, "energy": 69.452962, "activity_lines": [ 25.085393, 25.72238, 26.048364, 26.428926 ] }, { "date": "2025-04-18", "close": 23.980808, "volume": 1444, "typical_volume": 812.05, "trend": 26.893961, "fair_value": 28.774523, "relative_strength": -17.553963, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -73.362884, "energy": 71.632091, "activity_lines": [ 24.620109, 25.357724, 25.819283, 26.231616 ] }, { "date": "2025-04-25", "close": 24.064556, "volume": 1795, "typical_volume": 901.8, "trend": 26.732426, "fair_value": 28.717311, "relative_strength": -19.610679, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -68.402833, "energy": 72.32577, "activity_lines": [ 24.31364, 25.041627, 25.616916, 26.049074 ] }, { "date": "2025-05-02", "close": 23.49691, "volume": 2184, "typical_volume": 1011.0, "trend": 26.570535, "fair_value": 28.65597, "relative_strength": -22.089344, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -72.947722, "energy": 77.236928, "activity_lines": [ 23.917527, 24.648959, 25.373668, 25.840331 ] }, { "date": "2025-05-09", "close": 23.287531, "volume": 2654, "typical_volume": 1128.0, "trend": 26.379025, "fair_value": 28.587968, "relative_strength": -25.692227, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -71.897157, "energy": 74.960506, "activity_lines": [ 23.617263, 24.280958, 25.131302, 25.628524 ] }, { "date": "2025-05-16", "close": 22.985096, "volume": 4038, "typical_volume": 1314.2, "trend": 26.142116, "fair_value": 28.548777, "relative_strength": -28.268041, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -73.777857, "energy": 75.509192, "activity_lines": [ 23.378417, 23.927848, 24.876993, 25.409561 ] }, { "date": "2025-05-23", "close": 21.458958, "volume": 10923, "typical_volume": 1860.35, "trend": 25.883013, "fair_value": 28.505536, "relative_strength": -31.665328, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -87.411431, "energy": 87.575552, "activity_lines": [ 22.677076, 23.380419, 24.496664, 25.107422 ] }, { "date": "2025-05-30", "close": 22.188818, "volume": 2464, "typical_volume": 1983.55, "trend": 25.687932, "fair_value": 28.47162, "relative_strength": -29.520103, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -71.593966, "energy": 81.685169, "activity_lines": [ 22.387145, 23.047243, 24.214385, 24.869087 ] }, { "date": "2025-06-06", "close": 22.127287, "volume": 2729, "typical_volume": 2120.0, "trend": 25.4988, "fair_value": 28.427209, "relative_strength": -29.527628, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -69.456538, "energy": 81.026057, "activity_lines": [ 22.201754, 22.764139, 23.942918, 24.639368 ] }, { "date": "2025-06-13", "close": 21.691843, "volume": 1278, "typical_volume": 2165.5, "trend": 25.343602, "fair_value": 28.389768, "relative_strength": -28.904035, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -74.966617, "energy": 87.48912, "activity_lines": [ 21.962522, 22.471942, 23.648717, 24.393757 ] }, { "date": "2025-06-20", "close": 21.1712, "volume": 5853, "typical_volume": 2423.5, "trend": 25.139202, "fair_value": 28.336384, "relative_strength": -29.75436, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -78.974043, "energy": 84.218885, "activity_lines": [ 21.656122, 22.158338, 23.323665, 24.12457 ] }, { "date": "2025-06-27", "close": 20.731018, "volume": 5552, "typical_volume": 2655.85, "trend": 24.899718, "fair_value": 28.277308, "relative_strength": -32.007297, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -81.766425, "energy": 86.742441, "activity_lines": [ 21.323921, 21.810287, 22.982251, 23.840171 ] }, { "date": "2025-07-04", "close": 21.488317, "volume": 107, "typical_volume": 2593.2, "trend": 24.721572, "fair_value": 28.217711, "relative_strength": -28.529137, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.617148, "energy": 74.266168, "activity_lines": [ 21.292682, 21.659013, 22.737167, 23.620081 ] }, { "date": "2025-07-11", "close": 21.119135, "volume": 1091, "typical_volume": 2613.75, "trend": 24.496555, "fair_value": 28.156556, "relative_strength": -30.833951, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -68.98094, "energy": 74.8444, "activity_lines": [ 21.185083, 21.487457, 22.476166, 23.387666 ] }, { "date": "2025-07-18", "close": 22.63373, "volume": 3115, "typical_volume": 2718.5, "trend": 24.356742, "fair_value": 28.106102, "relative_strength": -25.407703, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -53.307574, "energy": 51.084516, "activity_lines": [ 21.649558, 21.634513, 22.387166, 23.267483 ] }, { "date": "2025-07-25", "close": 22.922449, "volume": 1426, "typical_volume": 2653.8, "trend": 24.219366, "fair_value": 28.064048, "relative_strength": -25.413912, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -43.797131, "energy": 31.651981, "activity_lines": [ 22.147481, 21.845951, 22.347079, 23.174948 ] }, { "date": "2025-08-01", "close": 22.534334, "volume": 3608, "typical_volume": 2817.2, "trend": 24.055439, "fair_value": 28.017393, "relative_strength": -24.035924, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -36.039048, "energy": 25.867428, "activity_lines": [ 22.399283, 21.987961, 22.292106, 23.066237 ] }, { "date": "2025-08-08", "close": 22.411272, "volume": 2705, "typical_volume": 2916.7, "trend": 23.946142, "fair_value": 27.964547, "relative_strength": -27.974142, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -29.399172, "energy": 27.431911, "activity_lines": [ 22.489843, 22.088045, 22.241651, 22.960161 ] }, { "date": "2025-08-15", "close": 22.217215, "volume": 0, "typical_volume": 2849.7, "trend": 23.817988, "fair_value": 27.908657, "relative_strength": -29.790097, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -29.722416, "energy": 22.529441, "activity_lines": [ 22.454186, 22.148801, 22.187699, 22.848618 ] }, { "date": "2025-08-22", "close": 22.491735, "volume": 914, "typical_volume": 2872.25, "trend": 23.713514, "fair_value": 27.85015, "relative_strength": -27.381311, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -20.069034, "energy": 14.131861, "activity_lines": [ 22.436831, 22.257834, 22.177818, 22.763053 ] }, { "date": "2025-08-29", "close": 22.524788, "volume": 270, "typical_volume": 2707.5, "trend": 23.579705, "fair_value": 27.79349, "relative_strength": -23.913493, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -19.150123, "energy": 12.755702, "activity_lines": [ 22.43996, 22.358334, 22.186461, 22.686361 ] }, { "date": "2025-09-05", "close": 22.375553, "volume": 3356, "typical_volume": 2803.1, "trend": 23.465088, "fair_value": 27.74642, "relative_strength": -23.369316, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -18.316049, "energy": 11.87425, "activity_lines": [ 22.419855, 22.407089, 22.186385, 22.608674 ] }, { "date": "2025-09-12", "close": 21.451262, "volume": 487, "typical_volume": 2737.7, "trend": 23.329144, "fair_value": 27.701546, "relative_strength": -26.567979, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -48.667959, "energy": 26.234327, "activity_lines": [ 22.102238, 22.25789, 22.105926, 22.478749 ] }, { "date": "2025-09-19", "close": 21.658264, "volume": 457, "typical_volume": 2651.35, "trend": 23.152839, "fair_value": 27.65618, "relative_strength": -24.824255, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -44.166376, "energy": 28.755272, "activity_lines": [ 21.917623, 22.147003, 22.057625, 22.370951 ] }, { "date": "2025-09-26", "close": 21.407936, "volume": 485, "typical_volume": 2542.9, "trend": 22.962072, "fair_value": 27.613638, "relative_strength": -25.333509, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -58.670291, "energy": 38.975201, "activity_lines": [ 21.686828, 21.980798, 21.994239, 22.258376 ] }, { "date": "2025-10-03", "close": 21.306841, "volume": 1052, "typical_volume": 2393.6, "trend": 22.753672, "fair_value": 27.570792, "relative_strength": -26.513446, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.305348, "energy": 54.743371, "activity_lines": [ 21.494588, 21.8185, 21.930175, 22.151587 ] }, { "date": "2025-10-10", "close": 20.863951, "volume": 1872, "typical_volume": 1941.05, "trend": 22.584327, "fair_value": 27.510051, "relative_strength": -25.818554, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -68.628685, "energy": 62.97618, "activity_lines": [ 21.235914, 21.605051, 21.831923, 22.02967 ] }, { "date": "2025-10-17", "close": 20.916904, "volume": 130, "typical_volume": 1824.35, "trend": 22.42962, "fair_value": 27.455819, "relative_strength": -23.282947, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.73972, "energy": 66.42684, "activity_lines": [ 21.095666, 21.431601, 21.741548, 21.922094 ] }, { "date": "2025-10-24", "close": 20.931347, "volume": 200, "typical_volume": 1697.9, "trend": 22.26128, "fair_value": 27.385094, "relative_strength": -23.77177, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.067878, "energy": 64.927507, "activity_lines": [ 20.995855, 21.287946, 21.658604, 21.825431 ] }, { "date": "2025-10-31", "close": 20.753229, "volume": 3393, "typical_volume": 1803.65, "trend": 22.095689, "fair_value": 27.317394, "relative_strength": -25.770413, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.738873, "energy": 64.504506, "activity_lines": [ 20.885133, 21.135287, 21.564392, 21.728138 ] }, { "date": "2025-11-07", "close": 20.016685, "volume": 543, "typical_volume": 1538.15, "trend": 21.973632, "fair_value": 27.258816, "relative_strength": -26.714406, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -80.532504, "energy": 73.015715, "activity_lines": [ 20.572543, 20.880319, 21.404503, 21.594008 ] }, { "date": "2025-11-14", "close": 20.474016, "volume": 50, "typical_volume": 1263.05, "trend": 21.856739, "fair_value": 27.196893, "relative_strength": -25.779484, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.976837, "energy": 61.569518, "activity_lines": [ 20.498407, 20.754104, 21.293666, 21.497259 ] }, { "date": "2025-11-21", "close": 21.176863, "volume": 1058, "typical_volume": 1310.6, "trend": 21.760483, "fair_value": 27.13247, "relative_strength": -21.321832, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -59.791868, "energy": 42.928243, "activity_lines": [ 20.684549, 20.790253, 21.250992, 21.453396 ] }, { "date": "2025-11-28", "close": 21.502411, "volume": 654, "typical_volume": 1288.75, "trend": 21.694, "fair_value": 27.070214, "relative_strength": -22.678887, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -40.581638, "energy": 27.341782, "activity_lines": [ 20.961877, 20.890582, 21.240805, 21.436746 ] }, { "date": "2025-12-05", "close": 20.835669, "volume": 1638, "typical_volume": 1214.9, "trend": 21.612271, "fair_value": 27.000885, "relative_strength": -25.261632, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -39.916526, "energy": 20.451663, "activity_lines": [ 20.978886, 20.872518, 21.165293, 21.38137 ] }, { "date": "2025-12-12", "close": 20.668983, "volume": 544, "typical_volume": 1170.8, "trend": 21.535067, "fair_value": 26.933792, "relative_strength": -25.228636, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -43.081642, "energy": 22.39569, "activity_lines": [ 20.934838, 20.834553, 21.082469, 21.320513 ] }, { "date": "2025-12-19", "close": 20.624861, "volume": 1401, "typical_volume": 1060.45, "trend": 21.507264, "fair_value": 26.862712, "relative_strength": -26.336879, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -45.852551, "energy": 24.88702, "activity_lines": [ 20.832595, 20.800163, 21.006174, 21.26179 ] }, { "date": "2025-12-26", "close": 19.801239, "volume": 454, "typical_volume": 947.9, "trend": 21.427678, "fair_value": 26.787312, "relative_strength": -28.504376, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -75.587003, "energy": 61.714192, "activity_lines": [ 20.445756, 20.620371, 20.860531, 21.151724 ] }, { "date": "2026-01-02", "close": 20.306196, "volume": 1701, "typical_volume": 1032.95, "trend": 21.366975, "fair_value": 26.704435, "relative_strength": -27.124267, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -59.192123, "energy": 59.624815, "activity_lines": [ 20.318944, 20.552674, 20.775408, 21.07937 ] }, { "date": "2026-01-09", "close": 19.703188, "volume": 210, "typical_volume": 997.75, "trend": 21.300686, "fair_value": 26.621771, "relative_strength": -29.074416, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -74.891287, "energy": 71.494334, "activity_lines": [ 20.070876, 20.386705, 20.641955, 20.972029 ] }, { "date": "2026-01-16", "close": 19.967924, "volume": 1266, "typical_volume": 1047.55, "trend": 21.260577, "fair_value": 26.554688, "relative_strength": -28.131066, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.726797, "energy": 66.888097, "activity_lines": [ 19.986553, 20.287962, 20.546995, 20.886044 ] }, { "date": "2026-01-23", "close": 19.098221, "volume": 9779, "typical_volume": 1368.7, "trend": 21.206151, "fair_value": 26.484402, "relative_strength": -31.032917, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -78.300672, "energy": 67.042765, "activity_lines": [ 19.659066, 20.031978, 20.381381, 20.746537 ] }, { "date": "2026-01-30", "close": 19.166855, "volume": 2140, "typical_volume": 1451.35, "trend": 21.128769, "fair_value": 26.413704, "relative_strength": -30.930974, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -73.229097, "energy": 69.383364, "activity_lines": [ 19.456234, 19.813487, 20.23791, 20.61497 ] }, { "date": "2026-02-06", "close": 20.379736, "volume": 1757, "typical_volume": 1516.35, "trend": 21.104122, "fair_value": 26.347129, "relative_strength": -26.473173, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -59.559332, "energy": 43.585323, "activity_lines": [ 19.699987, 19.852065, 20.22083, 20.566645 ] }, { "date": "2026-02-13", "close": 20.575836, "volume": 966, "typical_volume": 1540.4, "trend": 21.035525, "fair_value": 26.279812, "relative_strength": -24.428702, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -41.334669, "energy": 28.739661, "activity_lines": [ 20.004204, 19.94671, 20.228514, 20.532562 ] }, { "date": "2026-02-20", "close": 20.100292, "volume": 500, "typical_volume": 1512.8, "trend": 20.941454, "fair_value": 26.208061, "relative_strength": -27.606871, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -36.02448, "energy": 18.618392, "activity_lines": [ 20.09173, 19.959617, 20.194871, 20.472225 ] }, { "date": "2026-02-27", "close": 20.580738, "volume": 1449, "typical_volume": 1491.65, "trend": 20.876334, "fair_value": 26.145706, "relative_strength": -23.601132, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -22.296147, "energy": 19.388392, "activity_lines": [ 20.33058, 20.070218, 20.212729, 20.448953 ] }, { "date": "2026-03-06", "close": 20.82, "volume": 6927, "typical_volume": 1831.5, "trend": 20.823291, "fair_value": 26.087062, "relative_strength": -17.587993, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -11.676673, "energy": 16.785721, "activity_lines": [ 20.550349, 20.225123, 20.254724, 20.445318 ] }, { "date": "2026-03-13", "close": 19.700001, "volume": 2415, "typical_volume": 1942.25, "trend": 20.739384, "fair_value": 26.022989, "relative_strength": -19.175973, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -35.349234, "energy": 16.670778, "activity_lines": [ 20.286576, 20.157869, 20.190513, 20.372848 ] }, { "date": "2026-03-20", "close": 18.865999, "volume": 4564, "typical_volume": 2000.8, "trend": 20.618526, "fair_value": 25.953544, "relative_strength": -20.801862, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -60.696598, "energy": 30.226611, "activity_lines": [ 19.790118, 19.949999, 20.052737, 20.251984 ] }, { "date": "2026-03-27", "close": 19.275999, "volume": 221, "typical_volume": 1984.7, "trend": 20.510233, "fair_value": 25.885433, "relative_strength": -19.37979, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -54.883866, "energy": 42.455235, "activity_lines": [ 19.544315, 19.831897, 19.962995, 20.16537 ] }, { "date": "2026-04-03", "close": 19.642, "volume": 7723, "typical_volume": 2368.35, "trend": 20.419115, "fair_value": 25.818428, "relative_strength": -19.554212, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -50.418994, "energy": 47.229902, "activity_lines": [ 19.475466, 19.792922, 19.911638, 20.109355 ] }, { "date": "2026-04-10", "close": 19.398409, "volume": 2039, "typical_volume": 2417.4, "trend": 20.350686, "fair_value": 25.751372, "relative_strength": -24.435199, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -51.925494, "energy": 52.393092, "activity_lines": [ 19.388003, 19.699769, 19.841044, 20.043503 ] }, { "date": "2026-04-17", "close": 18.747746, "volume": 322, "typical_volume": 2400.8, "trend": 20.253669, "fair_value": 25.679901, "relative_strength": -27.79916, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.774423, "energy": 52.381931, "activity_lines": [ 19.178424, 19.484105, 19.71695, 19.940087 ] }, { "date": "2026-04-24", "close": 18.453772, "volume": 750, "typical_volume": 2356.4, "trend": 20.155197, "fair_value": 25.605658, "relative_strength": -25.520077, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -69.608989, "energy": 59.679234, "activity_lines": [ 18.934338, 19.244663, 19.577977, 19.823965 ] }, { "date": "2026-05-01", "close": 18.855537, "volume": 1164, "typical_volume": 2387.4, "trend": 20.073487, "fair_value": 25.525312, "relative_strength": -23.599654, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -57.305315, "energy": 56.891346, "activity_lines": [ 18.851655, 19.116852, 19.488609, 19.740116 ] }, { "date": "2026-05-08", "close": 19.794296, "volume": 7111, "typical_volume": 2672.9, "trend": 20.037832, "fair_value": 25.450903, "relative_strength": -20.274797, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -49.113477, "energy": 36.060251, "activity_lines": [ 19.109923, 19.182357, 19.497282, 19.722103 ] }, { "date": "2026-05-15", "close": 19.492481, "volume": 669, "typical_volume": 2683.65, "trend": 19.990351, "fair_value": 25.38162, "relative_strength": -20.501515, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -38.024996, "energy": 24.237422, "activity_lines": [ 19.257433, 19.207285, 19.481166, 19.686919 ] }, { "date": "2026-05-22", "close": 20.019676, "volume": 533, "typical_volume": 2625.25, "trend": 19.959962, "fair_value": 25.317738, "relative_strength": -19.453955, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -18.343031, "energy": 14.882918, "activity_lines": [ 19.574403, 19.352204, 19.516729, 19.688811 ] }, { "date": "2026-05-29", "close": 20.30385, "volume": 1424, "typical_volume": 2685.95, "trend": 19.944983, "fair_value": 25.255137, "relative_strength": -19.883279, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -5.714794, "energy": 18.25076, "activity_lines": [ 19.901302, 19.542978, 19.580721, 19.710998 ] }, { "date": "2026-06-05", "close": 19.290001, "volume": 1947, "typical_volume": 2720.0, "trend": 19.92076, "fair_value": 25.191516, "relative_strength": -22.421727, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -25.930577, "energy": 19.735971, "activity_lines": [ 19.766913, 19.523273, 19.545296, 19.668741 ] }, { "date": "2026-06-12", "close": 20.924999, "volume": 0, "typical_volume": 2231.05, "trend": 19.935793, "fair_value": 25.140746, "relative_strength": -17.557891, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 34.150684, "energy": 30.078896, "activity_lines": [ 20.148559, 19.800587, 19.668812, 19.73353 ] }, { "date": "2026-06-19", "close": 20.030001, "volume": 310, "typical_volume": 2139.55, "trend": 19.897564, "fair_value": 25.088545, "relative_strength": -23.677598, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 13.990068, "energy": 26.142518, "activity_lines": [ 20.156492, 19.891846, 19.698392, 19.739608 ] }, { "date": "2026-06-26", "close": 21.040001, "volume": 3078, "typical_volume": 2205.6, "trend": 19.88215, "fair_value": 25.046716, "relative_strength": -17.75601, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 42.457198, "energy": 46.089243, "activity_lines": [ 20.465257, 20.155257, 19.820053, 19.813314 ] }, { "date": "2026-07-03", "close": 21.955, "volume": 754, "typical_volume": 2195.0, "trend": 19.919461, "fair_value": 25.010342, "relative_strength": -15.634654, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 80.897628, "energy": 76.742356, "activity_lines": [ 21.011, 20.543355, 20.025712, 19.947046 ] }, { "date": "2026-07-10", "close": 21.809999, "volume": 9437, "typical_volume": 2641.85, "trend": 19.957495, "fair_value": 24.977209, "relative_strength": -14.586181, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 72.008639, "energy": 76.50961, "activity_lines": [ 21.398333, 20.841431, 20.210993, 20.069016 ] }, { "date": "2026-07-17", "close": 23.09, "volume": 1424, "typical_volume": 2640.6, "trend": 20.039666, "fair_value": 24.946259, "relative_strength": -7.22615, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 87.350452, "energy": 88.625354, "activity_lines": [ 22.044333, 21.318516, 20.510039, 20.271113 ] }, { "date": "2026-07-24", "close": 22.42, "volume": 4135, "typical_volume": 2501.0, "trend": 20.126958, "fair_value": 24.910605, "relative_strength": -10.51103, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 69.006537, "energy": 82.903769, "activity_lines": [ 22.322667, 21.613861, 20.733325, 20.424683 ] }, { "date": "2026-07-31", "close": 22.66, "volume": 4470, "typical_volume": 2603.75, "trend": 20.205419, "fair_value": 24.880222, "relative_strength": -8.883152, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 70.157932, "energy": 78.053813, "activity_lines": [ 22.521667, 21.899615, 20.97185, 20.588105 ] }, { "date": "2026-08-07", "close": 21.775, "volume": 6144, "typical_volume": 2682.75, "trend": 20.274479, "fair_value": 24.848554, "relative_strength": -14.375357, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 63.985019, "energy": 53.493176, "activity_lines": [ 22.317667, 21.976455, 21.111994, 20.689369 ] } ], "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." } } }