{ "ticker": { "uuid": "233b4f45-51a7-45ef-a15a-5d17468ec7fe", "symbol": "MBUU", "name": "Malibu Boats Inc", "exchange": "NASDAQ", "country": "US", "assetType": "equity" }, "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.", "analysis": { "eligible": true, "as_of": "2026-08-07", "benchmark": "QQQ", "stage": 1, "stage_name": "Basing", "phase": "1b", "phase_label": "Stage 1B \u00b7 Basing", "transition": "stage_1_building", "transition_label": "Base still building", "confidence": 59.834, "architecture_regime": "balance", "architecture_regime_label": "Balance", "architecture_modifier": "Balance after decline", "architecture_gate": "mixed", "architecture_direction": 24.607, "architecture_energy": 20.698, "architecture_maturity": 20.593, "architecture_confidence": 41.818, "architecture_tenure": "Developing", "architecture": { "interpretation": { "headline": "Directional pressure has compressed into balance.", "body": "Trend and Activity are compressed into balance, so neither side has durable control. Prior structure and the next directional change provide context; balance alone is not assumed to be a base." }, "scores": { "balance": 47.44, "rotation_up": 49.5, "upward_expansion": 44.07, "deceleration": 32.77, "rotation_down": 27.25, "downward_expansion": 18.4 }, "activity_lines": [ 28.057333, 27.643818, 27.380619, 27.341247 ], "activity_state": "Compressed", "activity_direction": "Expanding", "rotation_direction": "Improving", "price_acceptance": 0.333333 }, "latest_close": 28.88, "trend_reference": 27.973333, "distance_from_trend": 0.032412, "trend_direction": "Weakening", "fair_value": 36.057885, "distance_from_fair_value": -0.199066, "fair_value_direction": "Improving", "relative_strength": -13.997836, "relative_strength_direction": "Improving", "price_momentum": -0.075544, "excess_performance": -0.262998, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.032412, "read": "Above" }, { "label": "Trend direction", "positive": false, "value": -0.012404, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.199066, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": true, "value": 0.019209, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.139978, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.042719, "read": "Improving" }, { "label": "Price momentum", "positive": false, "value": -0.075544, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.922842, "read": "Supply-led" } ], "volume": { "latest": 954146, "relative_activity": 0.617995, "balance": 0.922842, "dry_up": 0.626584, "accumulation_observations": 1, "distribution_observations": 1 }, "risk": { "range_context": 0.100722, "annualized_volatility": 0.475756, "from_high_reference": -0.271627, "from_low_reference": 0.211409 }, "levels": { "trend_reference": 27.973333, "fair_value_reference": 36.057885, "structural_low": 23.84, "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": 21, "median_return": -0.04089, "positive_rate": 0.428571, "directional_follow_through": 0.428571, "median_excess_return": -0.047779, "regime_survival": 0.52381, "best_return": 0.157043, "worst_return": -0.202972, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 10, "median_return": -0.119453, "positive_rate": 0.3, "directional_follow_through": 0.3, "median_excess_return": -0.137441, "regime_survival": 0.1, "best_return": 0.097504, "worst_return": -0.295185, "sufficient": true }, { "horizon": "Extended", "sample_count": 8, "median_return": -0.121303, "positive_rate": 0.125, "directional_follow_through": 0.125, "median_excess_return": -0.211186, "regime_survival": 0.375, "best_return": 0.022087, "worst_return": -0.239063, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 4, "median_return": -0.202166, "positive_rate": 0.0, "directional_follow_through": 0.0, "median_excess_return": -0.339561, "regime_survival": 0.5, "best_return": -0.06293, "worst_return": -0.330827, "sufficient": false } ], "ledger": [ { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-01-17", "end": "2025-01-31", "tenure": "New", "return": 0.078592, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-02-07", "end": "2025-02-28", "tenure": "New", "return": -0.12572, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-03-07", "end": "2025-06-06", "tenure": "Established", "return": -0.038485, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-06-13", "end": "2025-07-11", "tenure": "Developing", "return": 0.131596, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-07-18", "end": "2025-08-22", "tenure": "Developing", "return": 0.190823, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-08-29", "end": "2025-09-12", "tenure": "New", "return": -0.016265, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-09-19", "end": "2025-10-31", "tenure": "Developing", "return": -0.131234, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-11-07", "end": "2025-11-14", "tenure": "New", "return": -0.03346, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-11-21", "end": "2026-01-09", "tenure": "Developing", "return": 0.232794, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-01-16", "end": "2026-01-23", "tenure": "New", "return": -0.024107, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2026-01-30", "end": "2026-02-13", "tenure": "New", "return": -0.030154, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-02-20", "end": "2026-03-13", "tenure": "New", "return": -0.185899, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-03-20", "end": "2026-06-05", "tenure": "Developing", "return": 0.046807, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-06-12", "end": "2026-08-07", "tenure": "Developing", "return": 0.035868, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 54.69, "volume": 380852, "typical_volume": 639873.45, "trend": 56.984, "fair_value": 63.159423, "relative_strength": -16.187369, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -30.313195, "energy": 12.920929, "activity_lines": [ 56.263333, 56.590909, 56.523143, 56.499269 ] }, { "date": "2023-08-25", "close": 53.88, "volume": 395533, "typical_volume": 637322.55, "trend": 56.896333, "fair_value": 63.150192, "relative_strength": -18.250088, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -44.067258, "energy": 28.710487, "activity_lines": [ 55.289333, 56.053273, 56.301762, 56.299011 ] }, { "date": "2023-09-01", "close": 50.12, "volume": 1238309, "typical_volume": 665846.65, "trend": 56.441333, "fair_value": 63.145833, "relative_strength": -26.165646, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -70.971185, "energy": 60.320523, "activity_lines": [ 53.312667, 54.903636, 55.712952, 55.861828 ] }, { "date": "2023-09-08", "close": 48.19, "volume": 774887, "typical_volume": 667257.2, "trend": 56.033333, "fair_value": 63.143205, "relative_strength": -27.666156, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -80.96853, "energy": 77.721121, "activity_lines": [ 51.252667, 53.514545, 54.966905, 55.329484 ] }, { "date": "2023-09-15", "close": 48.03, "volume": 1293647, "typical_volume": 703534.05, "trend": 55.559, "fair_value": 63.133782, "relative_strength": -27.130026, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -77.887825, "energy": 81.902931, "activity_lines": [ 49.714667, 52.286727, 54.247762, 54.81314 ] }, { "date": "2023-09-22", "close": 47.35, "volume": 934332, "typical_volume": 704528.9, "trend": 55.117, "fair_value": 63.129808, "relative_strength": -25.287095, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -75.512609, "energy": 83.630702, "activity_lines": [ 48.504, 51.079273, 53.505381, 54.283527 ] }, { "date": "2023-09-29", "close": 49.02, "volume": 870829, "typical_volume": 716332.45, "trend": 54.742, "fair_value": 63.100321, "relative_strength": -22.359046, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.756877, "energy": 78.29137, "activity_lines": [ 48.339333, 50.326909, 52.970381, 53.890172 ] }, { "date": "2023-10-06", "close": 48.65, "volume": 675491, "typical_volume": 716440.05, "trend": 54.454, "fair_value": 63.049038, "relative_strength": -23.952591, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.539078, "energy": 70.351084, "activity_lines": [ 48.375333, 49.664, 52.429333, 53.49714 ] }, { "date": "2023-10-13", "close": 48.91, "volume": 617817, "typical_volume": 721644.4, "trend": 54.293, "fair_value": 63.002756, "relative_strength": -23.261692, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.609057, "energy": 50.577483, "activity_lines": [ 48.596, 49.227818, 51.936714, 53.139462 ] }, { "date": "2023-10-20", "close": 50.0, "volume": 662337, "typical_volume": 714990.75, "trend": 54.156333, "fair_value": 62.981603, "relative_strength": -18.886881, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -56.030969, "energy": 41.389367, "activity_lines": [ 49.132, 49.133636, 51.571238, 52.862495 ] }, { "date": "2023-10-27", "close": 44.98, "volume": 690295, "typical_volume": 709766.0, "trend": 53.774, "fair_value": 62.944103, "relative_strength": -24.546145, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -76.298801, "energy": 52.476028, "activity_lines": [ 47.863333, 48.242, 50.748143, 52.270473 ] }, { "date": "2023-11-03", "close": 46.65, "volume": 1507272, "typical_volume": 738649.65, "trend": 53.598333, "fair_value": 62.885897, "relative_strength": -25.864451, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.513886, "energy": 50.083791, "activity_lines": [ 47.309333, 47.830545, 50.155286, 51.81086 ] }, { "date": "2023-11-10", "close": 43.21, "volume": 923957, "typical_volume": 753398.35, "trend": 53.182, "fair_value": 62.808013, "relative_strength": -32.544283, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -78.824498, "energy": 70.236457, "activity_lines": [ 45.766667, 46.925091, 49.288, 51.140645 ] }, { "date": "2023-11-17", "close": 46.31, "volume": 780991, "typical_volume": 765018.7, "trend": 52.824333, "fair_value": 62.736859, "relative_strength": -28.410628, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.259349, "energy": 63.547535, "activity_lines": [ 45.62, 46.708909, 48.778048, 50.69729 ] }, { "date": "2023-11-24", "close": 45.76, "volume": 442589, "typical_volume": 764928.4, "trend": 52.458, "fair_value": 62.651603, "relative_strength": -29.222065, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -59.810981, "energy": 51.271322, "activity_lines": [ 45.463333, 46.426909, 48.274524, 50.241527 ] }, { "date": "2023-12-01", "close": 47.09, "volume": 803144, "typical_volume": 768625.25, "trend": 52.111, "fair_value": 62.574295, "relative_strength": -26.562387, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -58.114101, "energy": 45.495373, "activity_lines": [ 46.032667, 46.428, 47.94619, 49.895204 ] }, { "date": "2023-12-08", "close": 46.99, "volume": 712978, "typical_volume": 770396.25, "trend": 51.839, "fair_value": 62.49609, "relative_strength": -26.464436, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -43.102655, "energy": 31.045778, "activity_lines": [ 46.428, 46.415636, 47.649238, 49.564817 ] }, { "date": "2023-12-15", "close": 51.54, "volume": 1386407, "typical_volume": 812364.6, "trend": 51.769667, "fair_value": 62.410128, "relative_strength": -21.254498, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -17.229026, "energy": 14.411615, "activity_lines": [ 48.317333, 47.267455, 47.836333, 49.545527 ] }, { "date": "2023-12-22", "close": 54.58, "volume": 1095938, "typical_volume": 831279.65, "trend": 51.795333, "fair_value": 62.330256, "relative_strength": -16.708425, "stage": 1, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": 15.296826, "energy": 24.298164, "activity_lines": [ 50.664667, 48.619455, 48.34619, 49.726839 ] }, { "date": "2023-12-29", "close": 54.82, "volume": 470740, "typical_volume": 832917.25, "trend": 51.812667, "fair_value": 62.28141, "relative_strength": -15.937271, "stage": 1, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "mixed", "direction": 35.460503, "energy": 40.006218, "activity_lines": [ 52.540667, 49.912, 48.889571, 49.921978 ] }, { "date": "2024-01-05", "close": 52.33, "volume": 680916, "typical_volume": 847920.45, "trend": 51.559333, "fair_value": 62.211154, "relative_strength": -16.33405, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 22.439946, "energy": 36.839014, "activity_lines": [ 52.982667, 50.664182, 49.203048, 49.955355 ] }, { "date": "2024-01-12", "close": 51.17, "volume": 673775, "typical_volume": 861832.55, "trend": 51.337667, "fair_value": 62.082628, "relative_strength": -19.910522, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 21.188092, "energy": 40.947079, "activity_lines": [ 52.688667, 51.071818, 49.417286, 49.930237 ] }, { "date": "2024-01-19", "close": 52.21, "volume": 679742, "typical_volume": 833904.2, "trend": 51.203, "fair_value": 61.929615, "relative_strength": -19.735497, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 18.606649, "energy": 28.265858, "activity_lines": [ 52.462667, 51.586364, 49.743476, 49.986516 ] }, { "date": "2024-01-26", "close": 50.0, "volume": 743550, "typical_volume": 832337.35, "trend": 50.914333, "fair_value": 61.800705, "relative_strength": -22.898786, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 2.316268, "energy": 7.888041, "activity_lines": [ 51.455333, 51.535455, 49.849238, 49.908903 ] }, { "date": "2024-02-02", "close": 46.31, "volume": 3679716, "typical_volume": 951640.8, "trend": 50.593, "fair_value": 61.615513, "relative_strength": -28.540468, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -26.02798, "energy": 17.552154, "activity_lines": [ 49.523333, 50.746545, 49.594952, 49.611849 ] }, { "date": "2024-02-09", "close": 48.96, "volume": 1020528, "typical_volume": 955950.6, "trend": 50.369, "fair_value": 61.43859, "relative_strength": -24.971922, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -6.103979, "energy": 12.810509, "activity_lines": [ 49.042, 50.429455, 49.601238, 49.506495 ] }, { "date": "2024-02-16", "close": 47.48, "volume": 1075151, "typical_volume": 966166.7, "trend": 50.030333, "fair_value": 61.244808, "relative_strength": -25.201863, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -33.819358, "energy": 26.760991, "activity_lines": [ 48.292, 49.809273, 49.458905, 49.320108 ] }, { "date": "2024-02-23", "close": 42.19, "volume": 1791382, "typical_volume": 1021961.25, "trend": 49.486, "fair_value": 61.037436, "relative_strength": -33.504556, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -64.427946, "energy": 50.998938, "activity_lines": [ 46.024667, 48.218364, 48.820095, 48.81428 ] }, { "date": "2024-03-01", "close": 43.77, "volume": 1008866, "typical_volume": 1041513.7, "trend": 49.051, "fair_value": 60.804936, "relative_strength": -31.434784, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.023319, "energy": 61.233587, "activity_lines": [ 44.952, 47.084727, 48.362524, 48.445505 ] }, { "date": "2024-03-08", "close": 41.7, "volume": 845463, "typical_volume": 1050670.0, "trend": 48.563, "fair_value": 60.501474, "relative_strength": -32.749609, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -72.99806, "energy": 70.305725, "activity_lines": [ 43.604667, 45.771273, 47.732286, 47.971247 ] }, { "date": "2024-03-15", "close": 39.34, "volume": 1183345, "typical_volume": 1075322.5, "trend": 48.051333, "fair_value": 60.200833, "relative_strength": -35.044562, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -79.076561, "energy": 79.629636, "activity_lines": [ 41.778, 44.267273, 46.91681, 47.376215 ] }, { "date": "2024-03-22", "close": 40.67, "volume": 1138733, "typical_volume": 1056895.55, "trend": 47.611, "fair_value": 59.942308, "relative_strength": -34.045515, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -68.159613, "energy": 75.323127, "activity_lines": [ 41.036, 43.241273, 46.254857, 46.9 ] }, { "date": "2024-03-29", "close": 43.28, "volume": 608885, "typical_volume": 1041141.95, "trend": 47.383, "fair_value": 59.697821, "relative_strength": -28.647655, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.906141, "energy": 64.305134, "activity_lines": [ 41.618, 42.880727, 45.869952, 46.620581 ] }, { "date": "2024-04-05", "close": 43.01, "volume": 998842, "typical_volume": 1052034.5, "trend": 47.210333, "fair_value": 59.439808, "relative_strength": -27.845557, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -59.724335, "energy": 48.747983, "activity_lines": [ 42.037333, 42.633455, 45.459, 46.338452 ] }, { "date": "2024-04-12", "close": 38.48, "volume": 1065859, "typical_volume": 1083198.0, "trend": 46.892, "fair_value": 59.146474, "relative_strength": -34.297553, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -72.402775, "energy": 47.549602, "activity_lines": [ 40.997333, 41.689636, 44.632333, 45.775204 ] }, { "date": "2024-04-19", "close": 34.48, "volume": 2575478, "typical_volume": 1171814.7, "trend": 46.463, "fair_value": 58.815705, "relative_strength": -36.881706, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -81.282336, "energy": 56.183708, "activity_lines": [ 38.838667, 40.160909, 43.459381, 44.97443 ] }, { "date": "2024-04-26", "close": 34.15, "volume": 1900522, "typical_volume": 1231191.9, "trend": 45.967333, "fair_value": 58.500256, "relative_strength": -38.985572, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -78.658954, "energy": 79.660765, "activity_lines": [ 36.894, 38.835455, 42.315048, 44.180043 ] }, { "date": "2024-05-03", "close": 32.64, "volume": 2353056, "typical_volume": 1279524.35, "trend": 45.433667, "fair_value": 58.167436, "relative_strength": -41.377789, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -80.183663, "energy": 91.197149, "activity_lines": [ 34.880667, 37.477818, 41.088048, 43.320215 ] }, { "date": "2024-05-10", "close": 35.96, "volume": 1535661, "typical_volume": 1301510.5, "trend": 45.002, "fair_value": 57.852179, "relative_strength": -35.508541, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.06139, "energy": 86.026701, "activity_lines": [ 34.683333, 36.897455, 40.267238, 42.709011 ] }, { "date": "2024-05-17", "close": 34.99, "volume": 1243951, "typical_volume": 1340171.05, "trend": 44.501667, "fair_value": 57.573077, "relative_strength": -37.809023, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.261648, "energy": 82.181247, "activity_lines": [ 34.632667, 36.282727, 39.442714, 42.063075 ] }, { "date": "2024-05-24", "close": 36.1, "volume": 1487243, "typical_volume": 1380487.4, "trend": 44.205667, "fair_value": 57.301795, "relative_strength": -35.945274, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.63562, "energy": 68.545291, "activity_lines": [ 35.184667, 35.991818, 38.818333, 41.521032 ] }, { "date": "2024-05-31", "close": 38.46, "volume": 1190662, "typical_volume": 1406331.75, "trend": 43.932667, "fair_value": 57.064167, "relative_strength": -29.908026, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -47.015661, "energy": 40.332662, "activity_lines": [ 36.415333, 36.188909, 38.496, 41.150344 ] }, { "date": "2024-06-07", "close": 36.69, "volume": 1013981, "typical_volume": 1423043.7, "trend": 43.715333, "fair_value": 56.831859, "relative_strength": -33.954424, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -43.133555, "energy": 34.332019, "activity_lines": [ 36.768667, 36.104364, 38.065619, 40.683075 ] }, { "date": "2024-06-14", "close": 36.21, "volume": 872186, "typical_volume": 1429475.5, "trend": 43.378667, "fair_value": 56.604551, "relative_strength": -36.180997, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -40.122313, "energy": 30.176377, "activity_lines": [ 36.692, 36.052364, 37.663429, 40.19886 ] }, { "date": "2024-06-21", "close": 35.45, "volume": 678442, "typical_volume": 1279411.8, "trend": 43.035, "fair_value": 56.356026, "relative_strength": -36.806145, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -45.750251, "energy": 32.228859, "activity_lines": [ 36.345333, 35.985818, 37.254524, 39.687333 ] }, { "date": "2024-06-28", "close": 35.04, "volume": 1349666, "typical_volume": 1295868.7, "trend": 42.633333, "fair_value": 56.120064, "relative_strength": -36.593959, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -60.569257, "energy": 41.981124, "activity_lines": [ 35.831333, 35.899818, 36.858286, 39.171527 ] }, { "date": "2024-07-05", "close": 32.65, "volume": 693696, "typical_volume": 1276795.95, "trend": 42.155333, "fair_value": 55.871346, "relative_strength": -42.099337, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -72.136729, "energy": 51.397301, "activity_lines": [ 34.591333, 35.369091, 36.300714, 38.527441 ] }, { "date": "2024-07-12", "close": 33.87, "volume": 1599849, "typical_volume": 1267219.3, "trend": 41.566333, "fair_value": 55.606987, "relative_strength": -38.952469, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.960913, "energy": 48.980088, "activity_lines": [ 34.145333, 35.087455, 35.929952, 37.992903 ] }, { "date": "2024-07-19", "close": 37.79, "volume": 1220937, "typical_volume": 1277822.85, "trend": 41.006667, "fair_value": 55.337885, "relative_strength": -28.156734, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -52.846009, "energy": 36.859151, "activity_lines": [ 35.194, 35.496182, 35.972143, 37.749269 ] }, { "date": "2024-07-26", "close": 39.16, "volume": 2008111, "typical_volume": 1335955.25, "trend": 40.484667, "fair_value": 55.052628, "relative_strength": -22.650865, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -23.393511, "energy": 14.862453, "activity_lines": [ 36.594, 36.120727, 36.173286, 37.630129 ] }, { "date": "2024-08-02", "close": 35.46, "volume": 1350443, "typical_volume": 1344310.15, "trend": 39.922333, "fair_value": 54.741795, "relative_strength": -26.777006, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -34.300018, "energy": 17.480143, "activity_lines": [ 36.513333, 35.996727, 36.034143, 37.305957 ] }, { "date": "2024-08-09", "close": 35.18, "volume": 973949, "typical_volume": 1336070.95, "trend": 39.389333, "fair_value": 54.442692, "relative_strength": -26.618796, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -33.935227, "energy": 18.53078, "activity_lines": [ 36.311333, 35.833455, 35.88681, 37.0 ] }, { "date": "2024-08-16", "close": 34.26, "volume": 822792, "typical_volume": 1346766.3, "trend": 38.791, "fair_value": 54.179423, "relative_strength": -31.227136, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -42.051801, "energy": 19.300657, "activity_lines": [ 35.634, 35.562545, 35.678, 36.669075 ] }, { "date": "2024-08-23", "close": 36.26, "volume": 839058, "typical_volume": 1338777.1, "trend": 38.333, "fair_value": 53.933077, "relative_strength": -26.981959, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -42.562999, "energy": 23.294623, "activity_lines": [ 35.597333, 35.699455, 35.702619, 36.505785 ] }, { "date": "2024-08-30", "close": 36.37, "volume": 1300335, "typical_volume": 1350500.9, "trend": 38.001667, "fair_value": 53.714679, "relative_strength": -25.392369, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -33.187135, "energy": 17.558464, "activity_lines": [ 35.699333, 35.855455, 35.769857, 36.37914 ] }, { "date": "2024-09-06", "close": 36.2, "volume": 1227186, "typical_volume": 1283086.3, "trend": 37.576333, "fair_value": 53.503846, "relative_strength": -20.435783, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -32.533685, "energy": 14.59575, "activity_lines": [ 35.930667, 35.963818, 35.830952, 36.262903 ] }, { "date": "2024-09-13", "close": 38.46, "volume": 1162831, "typical_volume": 1246201.75, "trend": 37.275667, "fair_value": 53.310449, "relative_strength": -19.451461, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -5.267981, "energy": 7.986346, "activity_lines": [ 36.866, 36.462, 36.099095, 36.319914 ] }, { "date": "2024-09-20", "close": 39.57, "volume": 1226667, "typical_volume": 1189882.3, "trend": 37.188333, "fair_value": 53.116987, "relative_strength": -17.541344, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 19.634422, "energy": 24.092309, "activity_lines": [ 37.952667, 37.056364, 36.452429, 36.467935 ] }, { "date": "2024-09-27", "close": 39.15, "volume": 847893, "typical_volume": 1155493.9, "trend": 37.034333, "fair_value": 52.902244, "relative_strength": -18.348365, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 27.359514, "energy": 35.788478, "activity_lines": [ 38.545333, 37.470727, 36.732762, 36.594495 ] }, { "date": "2024-10-04", "close": 39.7, "volume": 1483009, "typical_volume": 1167446.8, "trend": 36.967667, "fair_value": 52.700321, "relative_strength": -16.436029, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 30.54653, "energy": 43.682614, "activity_lines": [ 39.128667, 37.960364, 37.050286, 36.766473 ] }, { "date": "2024-10-11", "close": 40.75, "volume": 792252, "typical_volume": 1132697.25, "trend": 37.014667, "fair_value": 52.515256, "relative_strength": -14.394224, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 35.886946, "energy": 48.48293, "activity_lines": [ 39.84, 38.631091, 37.445381, 37.010495 ] }, { "date": "2024-10-18", "close": 43.21, "volume": 1100394, "typical_volume": 1128183.85, "trend": 37.099333, "fair_value": 52.345577, "relative_strength": -8.433982, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 74.521337, "energy": 67.046672, "activity_lines": [ 41.068, 39.652909, 38.052619, 37.410194 ] }, { "date": "2024-10-25", "close": 40.52, "volume": 666486, "typical_volume": 1110809.1, "trend": 37.007333, "fair_value": 52.152692, "relative_strength": -13.420796, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 59.867152, "energy": 59.524105, "activity_lines": [ 41.082667, 40.039636, 38.381048, 37.630882 ] }, { "date": "2024-11-01", "close": 43.93, "volume": 1482614, "typical_volume": 1141330.5, "trend": 37.038, "fair_value": 51.940513, "relative_strength": -3.879486, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 72.499156, "energy": 67.472459, "activity_lines": [ 42.170667, 40.932545, 39.016, 38.077505 ] }, { "date": "2024-11-08", "close": 43.96, "volume": 1282429, "typical_volume": 1171529.85, "trend": 37.220667, "fair_value": 51.764359, "relative_strength": -8.256191, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 68.490907, "energy": 66.0204, "activity_lines": [ 42.95, 41.691455, 39.617048, 38.524086 ] }, { "date": "2024-11-15", "close": 41.22, "volume": 927730, "typical_volume": 1150433.05, "trend": 37.445333, "fair_value": 51.574872, "relative_strength": -10.231012, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 57.531238, "energy": 40.937093, "activity_lines": [ 42.532, 41.814182, 39.916619, 38.782108 ] }, { "date": "2024-11-22", "close": 43.15, "volume": 703213, "typical_volume": 1150908.9, "trend": 37.745333, "fair_value": 51.392308, "relative_strength": -7.103842, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 60.021371, "energy": 41.796896, "activity_lines": [ 42.726, 42.196545, 40.370571, 39.150151 ] }, { "date": "2024-11-29", "close": 43.35, "volume": 836879, "typical_volume": 1112760.4, "trend": 38.102333, "fair_value": 51.225321, "relative_strength": -6.682322, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 58.115734, "energy": 38.273314, "activity_lines": [ 42.990667, 42.53, 40.793571, 39.511742 ] }, { "date": "2024-12-06", "close": 43.08, "volume": 826838, "typical_volume": 1093055.45, "trend": 38.339667, "fair_value": 51.067564, "relative_strength": -9.47071, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 55.919448, "energy": 33.895032, "activity_lines": [ 42.976667, 42.745636, 41.145714, 39.832882 ] }, { "date": "2024-12-13", "close": 42.21, "volume": 626704, "typical_volume": 1023985.1, "trend": 38.580333, "fair_value": 50.919808, "relative_strength": -11.059042, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 43.951198, "energy": 28.689991, "activity_lines": [ 42.729333, 42.731636, 41.38981, 40.082581 ] }, { "date": "2024-12-20", "close": 37.43, "volume": 1168002, "typical_volume": 1014863.05, "trend": 38.624667, "fair_value": 50.732885, "relative_strength": -18.233879, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 18.798145, "energy": 11.258138, "activity_lines": [ 41.005333, 41.802909, 41.164143, 40.008366 ] }, { "date": "2024-12-27", "close": 36.59, "volume": 389934, "typical_volume": 985662.3, "trend": 38.562333, "fair_value": 50.526859, "relative_strength": -19.66221, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": -1.219435, "energy": 12.994635, "activity_lines": [ 39.254, 40.781818, 40.849095, 39.877097 ] }, { "date": "2025-01-03", "close": 37.29, "volume": 445541, "typical_volume": 966799.75, "trend": 38.582333, "fair_value": 50.335769, "relative_strength": -16.375615, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "mixed", "direction": -17.94675, "energy": 25.262018, "activity_lines": [ 38.173333, 40.008364, 40.594, 39.795011 ] }, { "date": "2025-01-10", "close": 34.08, "volume": 608495, "typical_volume": 955271.6, "trend": 38.511333, "fair_value": 50.136731, "relative_strength": -20.822238, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "mixed", "direction": -33.678343, "energy": 44.851575, "activity_lines": [ 36.426667, 38.71, 40.018762, 39.504538 ] }, { "date": "2025-01-17", "close": 35.5, "volume": 714010, "typical_volume": 925955.35, "trend": 38.513, "fair_value": 50.000385, "relative_strength": -18.780518, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -26.161511, "energy": 50.912386, "activity_lines": [ 35.753333, 37.848909, 39.589143, 39.310258 ] }, { "date": "2025-01-24", "close": 38.12, "volume": 805798, "typical_volume": 904885.95, "trend": 38.615667, "fair_value": 49.836667, "relative_strength": -13.154497, "stage": 1, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -22.378614, "energy": 41.775165, "activity_lines": [ 36.400667, 37.618, 39.41319, 39.284903 ] }, { "date": "2025-01-31", "close": 38.29, "volume": 1210356, "typical_volume": 907262.2, "trend": 38.803667, "fair_value": 49.672821, "relative_strength": -10.811258, "stage": 1, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -27.619013, "energy": 25.231431, "activity_lines": [ 37.058667, 37.474364, 39.244286, 39.263892 ] }, { "date": "2025-02-07", "close": 38.18, "volume": 1009586, "typical_volume": 896408.15, "trend": 38.947333, "fair_value": 49.47641, "relative_strength": -10.34241, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -12.74295, "energy": 11.714377, "activity_lines": [ 37.566667, 37.399091, 39.065714, 39.223656 ] }, { "date": "2025-02-14", "close": 37.37, "volume": 825450, "typical_volume": 895286.0, "trend": 38.933333, "fair_value": 49.282308, "relative_strength": -13.884432, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -8.985331, "energy": 8.668653, "activity_lines": [ 37.745333, 37.270545, 38.816619, 39.121892 ] }, { "date": "2025-02-21", "close": 34.51, "volume": 727764, "typical_volume": 857523.75, "trend": 38.778333, "fair_value": 49.061026, "relative_strength": -18.033392, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -26.790051, "energy": 18.987237, "activity_lines": [ 36.751333, 36.725818, 38.303619, 38.836516 ] }, { "date": "2025-02-28", "close": 33.38, "volume": 706765, "typical_volume": 853249.4, "trend": 38.709, "fair_value": 48.852179, "relative_strength": -17.26461, "stage": 4, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "down", "direction": -67.5325, "energy": 54.277203, "activity_lines": [ 35.446667, 36.115636, 37.707714, 38.488237 ] }, { "date": "2025-03-07", "close": 32.74, "volume": 976169, "typical_volume": 847038.15, "trend": 38.627667, "fair_value": 48.674744, "relative_strength": -15.55544, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.517447, "energy": 64.998807, "activity_lines": [ 34.244667, 35.462727, 37.085952, 38.10314 ] }, { "date": "2025-03-14", "close": 31.32, "volume": 759598, "typical_volume": 851693.75, "trend": 38.529667, "fair_value": 48.482628, "relative_strength": -16.64843, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -72.588566, "energy": 74.752807, "activity_lines": [ 32.939333, 34.621636, 36.37881, 37.631677 ] }, { "date": "2025-03-21", "close": 29.55, "volume": 960490, "typical_volume": 825587.55, "trend": 38.306, "fair_value": 48.292756, "relative_strength": -20.968399, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -78.357158, "energy": 82.361464, "activity_lines": [ 31.501333, 33.567273, 35.546905, 37.052344 ] }, { "date": "2025-03-28", "close": 29.57, "volume": 706654, "typical_volume": 796798.8, "trend": 38.079333, "fair_value": 48.123718, "relative_strength": -18.319939, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -73.950254, "energy": 81.05498, "activity_lines": [ 30.591333, 32.598909, 34.785381, 36.488731 ] }, { "date": "2025-04-04", "close": 28.51, "volume": 1415791, "typical_volume": 821201.85, "trend": 37.823, "fair_value": 47.981346, "relative_strength": -11.951636, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -74.28331, "energy": 79.701878, "activity_lines": [ 29.657333, 31.545636, 33.991429, 35.871355 ] }, { "date": "2025-04-11", "close": 27.21, "volume": 1919229, "typical_volume": 882002.65, "trend": 37.448, "fair_value": 47.82109, "relative_strength": -21.272094, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -76.1202, "energy": 79.119236, "activity_lines": [ 28.614667, 30.430727, 33.13419, 35.186645 ] }, { "date": "2025-04-18", "close": 27.01, "volume": 923345, "typical_volume": 886325.95, "trend": 37.029333, "fair_value": 47.670064, "relative_strength": -19.573808, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -72.535757, "energy": 68.917146, "activity_lines": [ 27.874, 29.480909, 32.33381, 34.513226 ] }, { "date": "2025-04-25", "close": 28.84, "volume": 985512, "typical_volume": 894259.65, "trend": 36.685667, "fair_value": 47.532564, "relative_strength": -18.911234, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.348458, "energy": 55.469704, "activity_lines": [ 28.030667, 29.066909, 31.785524, 33.984882 ] }, { "date": "2025-05-02", "close": 29.92, "volume": 1059986, "typical_volume": 915923.75, "trend": 36.359667, "fair_value": 47.391731, "relative_strength": -18.378467, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.289571, "energy": 50.008054, "activity_lines": [ 28.594667, 29.004364, 31.407905, 33.548387 ] }, { "date": "2025-05-09", "close": 29.35, "volume": 1222334, "typical_volume": 918640.35, "trend": 35.979667, "fair_value": 47.195641, "relative_strength": -19.3436, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -48.062026, "energy": 38.958791, "activity_lines": [ 28.945333, 28.921636, 31.034524, 33.096151 ] }, { "date": "2025-05-16", "close": 32.21, "volume": 876816, "typical_volume": 942984.45, "trend": 35.613, "fair_value": 47.050449, "relative_strength": -16.830208, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -39.628733, "energy": 24.226357, "activity_lines": [ 30.193333, 29.432182, 30.972, 32.852946 ] }, { "date": "2025-05-23", "close": 29.57, "volume": 626987, "typical_volume": 952056.75, "trend": 35.248, "fair_value": 46.864615, "relative_strength": -21.374777, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -36.364327, "energy": 20.487097, "activity_lines": [ 30.228, 29.472364, 30.678905, 32.463075 ] }, { "date": "2025-05-30", "close": 30.14, "volume": 467732, "typical_volume": 945018.6, "trend": 34.788333, "fair_value": 46.692821, "relative_strength": -20.809878, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -33.687446, "energy": 18.380465, "activity_lines": [ 30.282, 29.648, 30.476857, 32.133527 ] }, { "date": "2025-06-06", "close": 31.48, "volume": 686792, "typical_volume": 943657.7, "trend": 34.372333, "fair_value": 46.536346, "relative_strength": -18.542086, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -30.11687, "energy": 18.295554, "activity_lines": [ 30.696, 30.056545, 30.42119, 31.920086 ] }, { "date": "2025-06-13", "close": 31.08, "volume": 834883, "typical_volume": 945111.95, "trend": 34.034333, "fair_value": 46.407372, "relative_strength": -18.760247, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -20.501573, "energy": 11.324631, "activity_lines": [ 30.872667, 30.357636, 30.346571, 31.707677 ] }, { "date": "2025-06-20", "close": 31.55, "volume": 492811, "typical_volume": 909234.7, "trend": 33.647667, "fair_value": 46.266026, "relative_strength": -17.195771, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -15.957628, "energy": 11.215594, "activity_lines": [ 31.090667, 30.697455, 30.350238, 31.547398 ] }, { "date": "2025-06-27", "close": 32.22, "volume": 727928, "typical_volume": 895151.8, "trend": 33.276667, "fair_value": 46.132628, "relative_strength": -18.48822, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -5.62517, "energy": 10.220518, "activity_lines": [ 31.576, 31.080182, 30.44981, 31.45529 ] }, { "date": "2025-07-04", "close": 34.77, "volume": 639646, "typical_volume": 885861.6, "trend": 32.999667, "fair_value": 45.994103, "relative_strength": -13.238108, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 12.297897, "energy": 22.812785, "activity_lines": [ 32.734667, 31.831818, 30.820619, 31.551634 ] }, { "date": "2025-07-11", "close": 35.17, "volume": 592452, "typical_volume": 879096.0, "trend": 32.765, "fair_value": 45.850962, "relative_strength": -11.793676, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 33.460009, "energy": 49.401974, "activity_lines": [ 33.718, 32.548364, 31.241905, 31.691656 ] }, { "date": "2025-07-18", "close": 32.91, "volume": 539408, "typical_volume": 870728.15, "trend": 32.614333, "fair_value": 45.676282, "relative_strength": -18.03276, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 21.442365, "energy": 43.799659, "activity_lines": [ 33.702, 32.758545, 31.44481, 31.701011 ] }, { "date": "2025-07-25", "close": 35.22, "volume": 823600, "typical_volume": 863099.7, "trend": 32.568667, "fair_value": 45.501731, "relative_strength": -12.533039, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 40.792623, "energy": 53.767262, "activity_lines": [ 34.334, 33.324, 31.869952, 31.869118 ] }, { "date": "2025-08-01", "close": 32.43, "volume": 635672, "typical_volume": 856903.4, "trend": 32.406667, "fair_value": 45.305897, "relative_strength": -17.17728, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 27.668687, "energy": 25.384724, "activity_lines": [ 33.791333, 33.327455, 32.017571, 31.860172 ] }, { "date": "2025-08-08", "close": 31.9, "volume": 515385, "typical_volume": 834648.15, "trend": 32.334, "fair_value": 45.08391, "relative_strength": -20.966846, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 11.908417, "energy": 10.899786, "activity_lines": [ 33.058, 33.182545, 32.109429, 31.827484 ] }, { "date": "2025-08-15", "close": 36.34, "volume": 637561, "typical_volume": 831193.5, "trend": 32.362, "fair_value": 44.878846, "relative_strength": -10.166114, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 41.537172, "energy": 27.360917, "activity_lines": [ 33.996, 33.812909, 32.612952, 32.085935 ] }, { "date": "2025-08-22", "close": 39.19, "volume": 625747, "typical_volume": 791691.3, "trend": 32.397667, "fair_value": 44.723718, "relative_strength": -2.010999, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 77.790449, "energy": 56.252284, "activity_lines": [ 35.806, 34.873091, 33.355667, 32.526452 ] }, { "date": "2025-08-29", "close": 33.2, "volume": 1950627, "typical_volume": 793261.2, "trend": 32.228, "fair_value": 44.562051, "relative_strength": -16.331984, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 52.971379, "energy": 37.250721, "activity_lines": [ 35.200667, 34.696727, 33.477048, 32.578215 ] }, { "date": "2025-09-05", "close": 33.66, "volume": 982034, "typical_volume": 796195.65, "trend": 32.077333, "fair_value": 44.426987, "relative_strength": -15.475832, "stage": 4, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 51.069036, "energy": 39.975246, "activity_lines": [ 34.883333, 34.574, 33.613714, 32.670602 ] }, { "date": "2025-09-12", "close": 32.66, "volume": 994943, "typical_volume": 796667.2, "trend": 31.920333, "fair_value": 44.296282, "relative_strength": -18.889111, "stage": 4, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 35.206202, "energy": 20.724561, "activity_lines": [ 34.150667, 34.243273, 33.623476, 32.708194 ] }, { "date": "2025-09-19", "close": 32.08, "volume": 1132246, "typical_volume": 800280.2, "trend": 31.839333, "fair_value": 44.184359, "relative_strength": -21.378588, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 21.534735, "energy": 16.713383, "activity_lines": [ 33.174, 33.845455, 33.55981, 32.718495 ] }, { "date": "2025-09-26", "close": 33.34, "volume": 996420, "typical_volume": 788984.5, "trend": 31.838, "fair_value": 44.090449, "relative_strength": -17.340621, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 23.403644, "energy": 16.160631, "activity_lines": [ 32.901333, 33.732909, 33.605857, 32.815312 ] }, { "date": "2025-10-03", "close": 32.36, "volume": 957113, "typical_volume": 792999.35, "trend": 31.825333, "fair_value": 43.996859, "relative_strength": -20.087831, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 7.905793, "energy": 11.502477, "activity_lines": [ 32.692, 33.434364, 33.539571, 32.848989 ] }, { "date": "2025-10-10", "close": 28.71, "volume": 873659, "typical_volume": 805332.95, "trend": 31.738333, "fair_value": 43.878526, "relative_strength": -26.73556, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -30.127624, "energy": 27.326587, "activity_lines": [ 31.322, 32.524182, 33.124952, 32.648 ] }, { "date": "2025-10-17", "close": 30.25, "volume": 648889, "typical_volume": 814390.8, "trend": 31.761667, "fair_value": 43.765962, "relative_strength": -23.817832, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -21.132198, "energy": 32.434289, "activity_lines": [ 30.795333, 31.961636, 32.861095, 32.551978 ] }, { "date": "2025-10-24", "close": 34.52, "volume": 822625, "typical_volume": 821182.45, "trend": 31.926667, "fair_value": 43.642179, "relative_strength": -14.259927, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -1.521487, "energy": 12.635021, "activity_lines": [ 31.852667, 32.205455, 33.003381, 32.729935 ] }, { "date": "2025-10-31", "close": 27.87, "volume": 1223866, "typical_volume": 840631.6, "trend": 31.905333, "fair_value": 43.474936, "relative_strength": -31.154636, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -30.362324, "energy": 35.383755, "activity_lines": [ 30.530667, 31.273273, 32.497857, 32.468215 ] }, { "date": "2025-11-07", "close": 26.3, "volume": 1180363, "typical_volume": 875009.2, "trend": 31.875, "fair_value": 43.258782, "relative_strength": -32.104415, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -43.882389, "energy": 44.168117, "activity_lines": [ 29.05, 30.261455, 31.858095, 32.106581 ] }, { "date": "2025-11-14", "close": 25.42, "volume": 1299119, "typical_volume": 903568.75, "trend": 31.822, "fair_value": 43.042115, "relative_strength": -33.441151, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -73.138216, "energy": 66.329238, "activity_lines": [ 27.68, 29.215091, 31.159524, 31.690129 ] }, { "date": "2025-11-21", "close": 26.59, "volume": 1630424, "typical_volume": 953107.65, "trend": 31.747, "fair_value": 42.8475, "relative_strength": -27.252809, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.356027, "energy": 71.963655, "activity_lines": [ 26.919333, 28.531273, 30.604762, 31.352581 ] }, { "date": "2025-11-28", "close": 28.39, "volume": 991198, "typical_volume": 973044.95, "trend": 31.696, "fair_value": 42.655064, "relative_strength": -25.065804, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.746143, "energy": 70.033072, "activity_lines": [ 27.002667, 28.285091, 30.260381, 31.136 ] }, { "date": "2025-12-05", "close": 28.56, "volume": 1621058, "typical_volume": 1027127.45, "trend": 31.669667, "fair_value": 42.482949, "relative_strength": -24.499319, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -59.195876, "energy": 55.928607, "activity_lines": [ 27.551333, 28.136909, 29.964476, 30.933677 ] }, { "date": "2025-12-12", "close": 29.56, "volume": 1062457, "typical_volume": 1039070.3, "trend": 31.581333, "fair_value": 42.316987, "relative_strength": -19.531357, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -43.337022, "energy": 28.39799, "activity_lines": [ 28.387333, 28.257455, 29.784524, 30.79757 ] }, { "date": "2025-12-19", "close": 29.42, "volume": 1066336, "typical_volume": 1060603.5, "trend": 31.576333, "fair_value": 42.159936, "relative_strength": -19.716185, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -37.104705, "energy": 20.104292, "activity_lines": [ 28.959333, 28.403455, 29.61819, 30.658129 ] }, { "date": "2025-12-26", "close": 29.31, "volume": 632036, "typical_volume": 1066436.05, "trend": 31.548667, "fair_value": 42.006154, "relative_strength": -20.392331, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -33.405062, "energy": 20.298633, "activity_lines": [ 29.228, 28.516545, 29.455714, 30.511914 ] }, { "date": "2026-01-02", "close": 28.61, "volume": 654957, "typical_volume": 1067305.85, "trend": 31.453, "fair_value": 41.821795, "relative_strength": -20.263261, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -32.024915, "energy": 18.179923, "activity_lines": [ 29.082, 28.519455, 29.238905, 30.322323 ] }, { "date": "2026-01-09", "close": 32.78, "volume": 945537, "typical_volume": 1083295.35, "trend": 31.509667, "fair_value": 41.655192, "relative_strength": -10.164565, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -6.099264, "energy": 11.127497, "activity_lines": [ 30.311333, 29.388, 29.456048, 30.407935 ] }, { "date": "2026-01-16", "close": 33.6, "volume": 840474, "typical_volume": 1027787.7, "trend": 31.578, "fair_value": 41.501667, "relative_strength": -6.677694, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 9.535966, "energy": 19.275642, "activity_lines": [ 31.532667, 30.316364, 29.78181, 30.542796 ] }, { "date": "2026-01-23", "close": 32.79, "volume": 630539, "typical_volume": 1010212.95, "trend": 31.597, "fair_value": 41.349615, "relative_strength": -8.543717, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 22.915917, "energy": 32.729997, "activity_lines": [ 32.214667, 30.964727, 30.028524, 30.620989 ] }, { "date": "2026-01-30", "close": 32.5, "volume": 794596, "typical_volume": 1000195.6, "trend": 31.521333, "fair_value": 41.149167, "relative_strength": -8.574635, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 22.570376, "energy": 48.054058, "activity_lines": [ 32.575333, 31.426364, 30.251762, 30.679247 ] }, { "date": "2026-02-06", "close": 31.24, "volume": 1760629, "typical_volume": 1031614.75, "trend": 31.390333, "fair_value": 40.962051, "relative_strength": -9.685024, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 18.947079, "energy": 40.461533, "activity_lines": [ 32.303333, 31.551455, 30.355762, 30.661097 ] }, { "date": "2026-02-13", "close": 31.52, "volume": 965556, "typical_volume": 1030071.55, "trend": 31.344, "fair_value": 40.765, "relative_strength": -7.156993, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 15.05359, "energy": 17.424503, "activity_lines": [ 31.949333, 31.675636, 30.490429, 30.669462 ] }, { "date": "2026-02-20", "close": 31.63, "volume": 659972, "typical_volume": 1015214.5, "trend": 31.224333, "fair_value": 40.579231, "relative_strength": -7.446412, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 2.167819, "energy": 7.691121, "activity_lines": [ 31.716, 31.766, 30.644238, 30.687914 ] }, { "date": "2026-02-27", "close": 29.06, "volume": 1018789, "typical_volume": 1022471.0, "trend": 31.112, "fair_value": 40.379167, "relative_strength": -14.219948, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -12.472907, "energy": 12.443749, "activity_lines": [ 30.757333, 31.351455, 30.556762, 30.54828 ] }, { "date": "2026-03-06", "close": 25.77, "volume": 2510581, "typical_volume": 1115555.6, "trend": 30.907667, "fair_value": 40.177115, "relative_strength": -22.334183, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -62.717448, "energy": 40.411368, "activity_lines": [ 28.950667, 30.345273, 30.154286, 30.203634 ] }, { "date": "2026-03-13", "close": 25.75, "volume": 1589432, "typical_volume": 1153895.95, "trend": 30.554667, "fair_value": 39.997692, "relative_strength": -20.995154, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -72.403393, "energy": 63.608961, "activity_lines": [ 27.586, 29.399818, 29.771238, 29.870882 ] }, { "date": "2026-03-20", "close": 25.21, "volume": 1200038, "typical_volume": 1152704.55, "trend": 30.088667, "fair_value": 39.8125, "relative_strength": -20.589203, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -73.294492, "energy": 76.488116, "activity_lines": [ 26.407333, 28.408182, 29.378524, 29.526065 ] }, { "date": "2026-03-27", "close": 26.08, "volume": 1594876, "typical_volume": 1173430.2, "trend": 29.851333, "fair_value": 39.617821, "relative_strength": -14.598617, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.896669, "energy": 73.425656, "activity_lines": [ 25.939333, 27.712364, 29.081333, 29.267441 ] }, { "date": "2026-04-03", "close": 24.48, "volume": 1299573, "typical_volume": 1173452.9, "trend": 29.545333, "fair_value": 39.441923, "relative_strength": -22.192805, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -71.202653, "energy": 74.828465, "activity_lines": [ 25.308, 26.862364, 28.63281, 28.920903 ] }, { "date": "2026-04-10", "close": 25.48, "volume": 1797169, "typical_volume": 1181790.15, "trend": 29.306, "fair_value": 39.248205, "relative_strength": -21.956693, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.279902, "energy": 65.7977, "activity_lines": [ 25.315333, 26.345273, 28.284, 28.658624 ] }, { "date": "2026-04-17", "close": 26.54, "volume": 2215945, "typical_volume": 1243027.5, "trend": 29.121333, "fair_value": 39.052692, "relative_strength": -22.882257, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -58.355392, "energy": 44.104664, "activity_lines": [ 25.695333, 26.148545, 28.041429, 28.480172 ] }, { "date": "2026-04-24", "close": 26.1, "volume": 2775029, "typical_volume": 1300726.05, "trend": 28.88, "fair_value": 38.856218, "relative_strength": -25.200349, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -55.242101, "energy": 39.15032, "activity_lines": [ 25.876, 25.957273, 27.765762, 28.285247 ] }, { "date": "2026-05-01", "close": 25.71, "volume": 1007016, "typical_volume": 1297954.0, "trend": 28.658333, "fair_value": 38.652436, "relative_strength": -26.816708, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -44.718005, "energy": 31.116401, "activity_lines": [ 25.867333, 25.793636, 27.464667, 28.080731 ] }, { "date": "2026-05-08", "close": 30.09, "volume": 2527858, "typical_volume": 1371030.1, "trend": 28.704333, "fair_value": 38.491795, "relative_strength": -18.26971, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -17.363868, "energy": 14.326105, "activity_lines": [ 27.343333, 26.534, 27.599048, 28.173097 ] }, { "date": "2026-05-15", "close": 26.22, "volume": 2035702, "typical_volume": 1441213.4, "trend": 28.57, "fair_value": 38.316154, "relative_strength": -27.880344, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -35.111016, "energy": 18.529296, "activity_lines": [ 27.155333, 26.552, 27.361667, 28.012817 ] }, { "date": "2026-05-22", "close": 27.57, "volume": 1501676, "typical_volume": 1483549.35, "trend": 28.338333, "fair_value": 38.147949, "relative_strength": -24.514913, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -29.581951, "energy": 17.326441, "activity_lines": [ 27.368, 26.807273, 27.267571, 27.948301 ] }, { "date": "2026-05-29", "close": 27.46, "volume": 1539440, "typical_volume": 1513244.5, "trend": 28.324667, "fair_value": 37.975897, "relative_strength": -26.344478, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -27.285387, "energy": 17.861591, "activity_lines": [ 27.475333, 27.009455, 27.167952, 27.891634 ] }, { "date": "2026-06-05", "close": 26.39, "volume": 1358106, "typical_volume": 1539126.1, "trend": 28.327667, "fair_value": 37.760897, "relative_strength": -25.244449, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -37.454233, "energy": 17.515149, "activity_lines": [ 27.135333, 26.976182, 26.991762, 27.766817 ] }, { "date": "2026-06-12", "close": 27.88, "volume": 1192151, "typical_volume": 1567206.7, "trend": 28.409667, "fair_value": 37.568974, "relative_strength": -22.19206, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -17.539695, "energy": 8.682708, "activity_lines": [ 27.246667, 27.208182, 26.99181, 27.737935 ] }, { "date": "2026-06-19", "close": 27.25, "volume": 1163127, "typical_volume": 1585633.25, "trend": 28.431667, "fair_value": 37.383077, "relative_strength": -25.255382, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -19.778447, "energy": 9.587446, "activity_lines": [ 27.295333, 27.263818, 26.955238, 27.663118 ] }, { "date": "2026-06-26", "close": 28.75, "volume": 2274553, "typical_volume": 1611329.45, "trend": 28.443667, "fair_value": 37.191346, "relative_strength": -16.831655, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -6.625148, "energy": 5.746147, "activity_lines": [ 27.775333, 27.56, 27.086524, 27.683656 ] }, { "date": "2026-07-03", "close": 25.07, "volume": 1292699, "typical_volume": 1627686.6, "trend": 28.327333, "fair_value": 36.993397, "relative_strength": -27.308545, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -41.262378, "energy": 17.124069, "activity_lines": [ 26.95, 27.146909, 26.87919, 27.466 ] }, { "date": "2026-07-10", "close": 26.74, "volume": 1434192, "typical_volume": 1666397.6, "trend": 28.233333, "fair_value": 36.807885, "relative_strength": -23.025118, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -31.251767, "energy": 14.920153, "activity_lines": [ 26.840667, 27.056182, 26.861619, 27.363591 ] }, { "date": "2026-07-17", "close": 28.17, "volume": 1119570, "typical_volume": 1671436.65, "trend": 28.191667, "fair_value": 36.618974, "relative_strength": -14.761159, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -20.112382, "energy": 8.984602, "activity_lines": [ 27.184667, 27.206727, 27.003524, 27.359505 ] }, { "date": "2026-07-24", "close": 27.7, "volume": 911522, "typical_volume": 1591483.7, "trend": 28.138, "fair_value": 36.42141, "relative_strength": -14.061003, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -14.541796, "energy": 8.175142, "activity_lines": [ 27.352667, 27.306727, 27.104905, 27.327785 ] }, { "date": "2026-07-31", "close": 27.57, "volume": 884388, "typical_volume": 1556231.5, "trend": 28.103333, "fair_value": 36.23391, "relative_strength": -14.277634, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -12.574734, "energy": 7.059107, "activity_lines": [ 27.447333, 27.356182, 27.184714, 27.29114 ] }, { "date": "2026-08-07", "close": 28.88, "volume": 954146, "typical_volume": 1543936.9, "trend": 27.973333, "fair_value": 36.057885, "relative_strength": -13.997836, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 24.606762, "energy": 20.697555, "activity_lines": [ 28.057333, 27.643818, 27.380619, 27.341247 ] } ], "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." } } }