{ "ticker": { "uuid": "2349507b-4774-44bf-9bb0-915dc301c1ad", "symbol": "6730", "name": "Lagis Enterprise Co., Ltd.", "exchange": "TWO", "country": "TW", "assetType": "equity" }, "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.", "analysis": { "eligible": true, "as_of": "2026-08-14", "benchmark": "^TWII", "stage": 4, "stage_name": "Declining", "phase": "4a", "phase_label": "Stage 4A \u00b7 Breakdown", "transition": "stage_4_declining", "transition_label": "Stage 4 decline intact", "confidence": 96.0, "architecture_regime": "balance", "architecture_regime_label": "Balance", "architecture_modifier": "Balance after decline", "architecture_gate": "down", "architecture_direction": -62.791, "architecture_energy": 54.558, "architecture_maturity": 18.962, "architecture_confidence": 85.222, "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": 39.14, "rotation_up": 12.79, "upward_expansion": 12.5, "deceleration": 36.61, "rotation_down": 68.94, "downward_expansion": 85.84 }, "activity_lines": [ 34.063334, 34.874337, 35.281027, 35.402264 ], "activity_state": "Moderate", "activity_direction": "Expanding", "rotation_direction": "Weakening", "price_acceptance": -0.666667 }, "latest_close": 33.299999, "trend_reference": 35.501972, "distance_from_trend": -0.062024, "trend_direction": "Weakening", "fair_value": 37.044708, "distance_from_fair_value": -0.101086, "fair_value_direction": "Weakening", "relative_strength": -39.203578, "relative_strength_direction": "Improving", "price_momentum": -0.058124, "excess_performance": -0.499496, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.062024, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.02687, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.101086, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -0.074811, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.392036, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.000747, "read": "Improving" }, { "label": "Price momentum", "positive": false, "value": -0.058124, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.613246, "read": "Supply-led" } ], "volume": { "latest": 101208, "relative_activity": 0.607452, "balance": 0.613246, "dry_up": 1.005275, "accumulation_observations": 1, "distribution_observations": 2 }, "risk": { "range_context": 0.066877, "annualized_volatility": 0.20517, "from_high_reference": -0.335996, "from_low_reference": 0.037383 }, "levels": { "trend_reference": 35.501972, "fair_value_reference": 37.044708, "structural_low": 32.099998, "invalidation": "Reclaiming a flat-to-rising Trend with improving relative strength is required before the declining diagnosis is repaired." }, "outcomes": [ { "horizon": "Near term", "sample_count": 22, "median_return": -0.002056, "positive_rate": 0.454545, "directional_follow_through": 0.454545, "median_excess_return": -0.000787, "regime_survival": 0.681818, "best_return": 0.081871, "worst_return": -0.061308, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 9, "median_return": -0.008523, "positive_rate": 0.444444, "directional_follow_through": 0.444444, "median_excess_return": -0.106661, "regime_survival": 0.333333, "best_return": 0.13964, "worst_return": -0.139726, "sufficient": true }, { "horizon": "Extended", "sample_count": 6, "median_return": 0.036222, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": -0.022266, "regime_survival": 0.333333, "best_return": 0.173959, "worst_return": -0.091781, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 4, "median_return": 0.079514, "positive_rate": 0.75, "directional_follow_through": 0.75, "median_excess_return": 0.006827, "regime_survival": 0.5, "best_return": 0.190554, "worst_return": -0.0075, "sufficient": false } ], "ledger": [ { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-05-03", "end": "2024-06-07", "tenure": "Developing", "return": -0.038929, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-06-14", "end": "2024-11-29", "tenure": "Established", "return": -0.033313, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2024-12-06", "end": "2025-02-14", "tenure": "Developing", "return": 0.032877, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-02-21", "end": "2025-03-21", "tenure": "Developing", "return": 0.031579, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-03-28", "end": "2025-04-04", "tenure": "New", "return": 0.02625, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-04-11", "end": "2025-06-06", "tenure": "Developing", "return": 0.071622, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-06-13", "end": "2025-07-11", "tenure": "Developing", "return": 0.053659, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-07-18", "end": "2025-10-24", "tenure": "Established", "return": 0.042129, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-10-31", "end": "2025-12-05", "tenure": "Developing", "return": -0.101279, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-12-12", "end": "2025-12-26", "tenure": "New", "return": -0.030137, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-01-02", "end": "2026-05-08", "tenure": "Established", "return": 0.008043, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-05-15", "end": "2026-06-05", "tenure": "New", "return": -0.04, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-06-12", "end": "2026-06-26", "tenure": "New", "return": 0.041667, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-07-03", "end": "2026-08-14", "tenure": "Developing", "return": -0.092643, "active": true } ], "chart_path": [ { "date": "2023-08-11", "close": 36.087761, "volume": 17180, "typical_volume": 155465.2, "trend": 33.471557, "fair_value": 32.143144, "relative_strength": 4.296671, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.671653, "energy": 66.52024, "activity_lines": [ 36.05523, 35.424295, 34.996605, 34.568776 ] }, { "date": "2023-08-18", "close": 35.721848, "volume": 85030, "typical_volume": 130103.3, "trend": 33.729472, "fair_value": 32.070083, "relative_strength": 4.513638, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 61.821279, "energy": 63.99622, "activity_lines": [ 36.023358, 35.576807, 35.076431, 34.713956 ] }, { "date": "2023-08-25", "close": 36.499405, "volume": 5035, "typical_volume": 120053.8, "trend": 34.013304, "fair_value": 32.001018, "relative_strength": 5.990863, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.452964, "energy": 56.298784, "activity_lines": [ 36.215826, 35.833364, 35.225738, 34.892661 ] }, { "date": "2023-09-01", "close": 36.545143, "volume": 1148, "typical_volume": 86825.35, "trend": 34.263681, "fair_value": 31.932245, "relative_strength": 4.979368, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.092729, "energy": 46.267098, "activity_lines": [ 36.316451, 36.046771, 35.371127, 35.056006 ] }, { "date": "2023-09-08", "close": 35.676105, "volume": 41100, "typical_volume": 74135.35, "trend": 34.47926, "fair_value": 31.862352, "relative_strength": 2.857674, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 56.016685, "energy": 36.945727, "activity_lines": [ 36.106051, 36.049873, 35.425676, 35.14713 ] }, { "date": "2023-09-15", "close": 36.179234, "volume": 32578, "typical_volume": 69020.1, "trend": 34.740761, "fair_value": 31.785218, "relative_strength": 2.255062, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 56.804582, "energy": 36.88916, "activity_lines": [ 36.130445, 36.10716, 35.523997, 35.256806 ] }, { "date": "2023-09-22", "close": 35.355942, "volume": 16550, "typical_volume": 65104.2, "trend": 34.877164, "fair_value": 31.698012, "relative_strength": 3.402769, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 40.019051, "energy": 22.909028, "activity_lines": [ 35.87431, 35.995349, 35.541948, 35.296495 ] }, { "date": "2023-09-29", "close": 35.996277, "volume": 5011, "typical_volume": 58120.55, "trend": 35.004304, "fair_value": 31.619706, "relative_strength": 5.183843, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 37.521158, "energy": 18.36901, "activity_lines": [ 35.856014, 35.997111, 35.624094, 35.368696 ] }, { "date": "2023-10-06", "close": 36.590881, "volume": 55590, "typical_volume": 51153.75, "trend": 35.123571, "fair_value": 31.530825, "relative_strength": 5.813073, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 51.107831, "energy": 27.505288, "activity_lines": [ 36.069461, 36.086925, 35.758656, 35.471055 ] }, { "date": "2023-10-13", "close": 35.676105, "volume": 47020, "typical_volume": 46299.45, "trend": 35.22109, "fair_value": 31.445138, "relative_strength": 1.672928, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 35.530354, "energy": 17.940327, "activity_lines": [ 35.974933, 36.003763, 35.796971, 35.506703 ] }, { "date": "2023-10-20", "close": 34.578384, "volume": 79359, "typical_volume": 46495.4, "trend": 35.216431, "fair_value": 31.361473, "relative_strength": 0.727905, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 11.903037, "energy": 7.862614, "activity_lines": [ 35.514499, 35.739311, 35.724722, 35.465238 ] }, { "date": "2023-10-27", "close": 34.395428, "volume": 42575, "typical_volume": 45200.65, "trend": 35.204215, "fair_value": 31.310204, "relative_strength": 2.330611, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -22.331743, "energy": 19.642419, "activity_lines": [ 35.099802, 35.469037, 35.630717, 35.41227 ] }, { "date": "2023-11-03", "close": 34.120995, "volume": 33215, "typical_volume": 43711.3, "trend": 35.182852, "fair_value": 31.288348, "relative_strength": -0.596426, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -27.2221, "energy": 36.393368, "activity_lines": [ 34.657662, 35.172984, 35.507115, 35.342385 ] }, { "date": "2023-11-10", "close": 35.447418, "volume": 19040, "typical_volume": 40745.3, "trend": 35.202788, "fair_value": 31.29098, "relative_strength": 2.203379, "stage": 2, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -15.960857, "energy": 32.722544, "activity_lines": [ 34.782682, 35.161342, 35.507685, 35.359454 ] }, { "date": "2023-11-17", "close": 35.676105, "volume": 4061, "typical_volume": 37091.6, "trend": 35.231804, "fair_value": 31.301205, "relative_strength": -0.27758, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -7.739621, "energy": 19.381174, "activity_lines": [ 35.060161, 35.211238, 35.521565, 35.38999 ] }, { "date": "2023-11-24", "close": 35.584637, "volume": 33870, "typical_volume": 33979.2, "trend": 35.225705, "fair_value": 31.314574, "relative_strength": -1.102872, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 23.917079, "energy": 11.049083, "activity_lines": [ 35.307152, 35.244503, 35.516968, 35.412754 ] }, { "date": "2023-12-01", "close": 34.807076, "volume": 42720, "typical_volume": 34521.35, "trend": 35.184943, "fair_value": 31.323492, "relative_strength": -4.136814, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 0.246585, "energy": 4.750267, "activity_lines": [ 35.227872, 35.147205, 35.436064, 35.385745 ] }, { "date": "2023-12-08", "close": 34.761337, "volume": 79921, "typical_volume": 36155.15, "trend": 35.173264, "fair_value": 31.334514, "relative_strength": -4.024581, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -9.938098, "energy": 5.796441, "activity_lines": [ 35.105902, 35.05157, 35.352672, 35.358416 ] }, { "date": "2023-12-15", "close": 33.892307, "volume": 149985, "typical_volume": 40871.75, "trend": 35.147193, "fair_value": 31.34716, "relative_strength": -7.890311, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -31.920908, "energy": 24.968297, "activity_lines": [ 34.651566, 34.820382, 35.187142, 35.275773 ] }, { "date": "2023-12-22", "close": 34.852814, "volume": 37395, "typical_volume": 41419.15, "trend": 35.161884, "fair_value": 31.3609, "relative_strength": -4.88559, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -20.250373, "energy": 29.230084, "activity_lines": [ 34.621073, 34.812898, 35.124197, 35.256781 ] }, { "date": "2023-12-29", "close": 34.761337, "volume": 23530, "typical_volume": 41736.65, "trend": 35.198303, "fair_value": 31.380714, "relative_strength": -6.841968, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -20.624903, "energy": 27.658704, "activity_lines": [ 34.614974, 34.80375, 35.061252, 35.23094 ] }, { "date": "2024-01-05", "close": 33.846569, "volume": 85960, "typical_volume": 41783.15, "trend": 35.20423, "fair_value": 31.40319, "relative_strength": -7.07083, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -60.576397, "energy": 47.342672, "activity_lines": [ 34.358839, 34.624954, 34.917502, 35.143731 ] }, { "date": "2024-01-12", "close": 34.852814, "volume": 21540, "typical_volume": 42608.4, "trend": 35.243699, "fair_value": 31.436379, "relative_strength": -4.330643, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -47.561844, "energy": 25.554615, "activity_lines": [ 34.502153, 34.639091, 34.878516, 35.121059 ] }, { "date": "2024-01-19", "close": 34.898552, "volume": 1850, "typical_volume": 42643.5, "trend": 35.284692, "fair_value": 31.475722, "relative_strength": -5.194367, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -36.014251, "energy": 19.393006, "activity_lines": [ 34.654614, 34.648239, 34.851726, 35.098791 ] }, { "date": "2024-01-26", "close": 34.578384, "volume": 6500, "typical_volume": 40913.5, "trend": 35.316471, "fair_value": 31.517809, "relative_strength": -7.741208, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -36.551507, "energy": 19.849269, "activity_lines": [ 34.63327, 34.609153, 34.802285, 35.053223 ] }, { "date": "2024-02-02", "close": 34.898552, "volume": 41881, "typical_volume": 41378.65, "trend": 35.309366, "fair_value": 31.57074, "relative_strength": -7.28283, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -32.356995, "energy": 15.045259, "activity_lines": [ 34.736943, 34.648238, 34.788563, 35.026261 ] }, { "date": "2024-02-09", "close": 34.944294, "volume": 2120, "typical_volume": 40657.15, "trend": 35.30087, "fair_value": 31.637552, "relative_strength": -7.395494, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -30.790986, "energy": 14.173984, "activity_lines": [ 34.846717, 34.708115, 34.785296, 35.002708 ] }, { "date": "2024-02-16", "close": 35.676105, "volume": 64040, "typical_volume": 43608.6, "trend": 35.326971, "fair_value": 31.697066, "relative_strength": -8.127103, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -4.698607, "energy": 7.568841, "activity_lines": [ 35.127245, 34.898553, 34.853686, 35.026916 ] }, { "date": "2024-02-23", "close": 35.081505, "volume": 53294, "typical_volume": 43493.8, "trend": 35.288856, "fair_value": 31.740247, "relative_strength": -10.875921, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -13.708577, "energy": 12.159463, "activity_lines": [ 35.154688, 34.96425, 34.866971, 35.01108 ] }, { "date": "2024-03-01", "close": 36.499405, "volume": 109076, "typical_volume": 46596.6, "trend": 35.282757, "fair_value": 31.791984, "relative_strength": -7.387847, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 26.665705, "energy": 31.298959, "activity_lines": [ 35.642567, 35.266125, 35.022483, 35.08918 ] }, { "date": "2024-03-08", "close": 36.590881, "volume": 199049, "typical_volume": 52581.1, "trend": 35.299528, "fair_value": 31.812602, "relative_strength": -10.913669, "stage": 3, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 37.862973, "energy": 48.014022, "activity_lines": [ 36.03287, 35.554694, 35.182786, 35.173575 ] }, { "date": "2024-03-15", "close": 37.002529, "volume": 155300, "typical_volume": 58217.35, "trend": 35.342217, "fair_value": 31.833196, "relative_strength": -9.239551, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 43.085898, "energy": 58.599225, "activity_lines": [ 36.447567, 35.884843, 35.37271, 35.283446 ] }, { "date": "2024-03-22", "close": 37.459915, "volume": 231923, "typical_volume": 68152.75, "trend": 35.374234, "fair_value": 31.85752, "relative_strength": -10.322933, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 73.610537, "energy": 74.241713, "activity_lines": [ 36.87751, 36.240773, 35.59378, 35.420071 ] }, { "date": "2024-03-29", "close": 40.524399, "volume": 389811, "typical_volume": 86691.3, "trend": 35.506876, "fair_value": 31.909215, "relative_strength": -3.127422, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 86.641119, "energy": 80.195184, "activity_lines": [ 38.210027, 37.106479, 36.090806, 35.75234 ] }, { "date": "2024-04-05", "close": 38.374691, "volume": 96486, "typical_volume": 91312.55, "trend": 35.596829, "fair_value": 31.946597, "relative_strength": -8.196942, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 62.986666, "energy": 68.101467, "activity_lines": [ 38.463116, 37.479042, 36.358921, 35.93736 ] }, { "date": "2024-04-12", "close": 37.917301, "volume": 184967, "typical_volume": 98867.4, "trend": 35.654765, "fair_value": 31.975186, "relative_strength": -10.736374, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 59.118195, "energy": 45.0891, "activity_lines": [ 38.438722, 37.699419, 36.570626, 36.087068 ] }, { "date": "2024-04-19", "close": 37.551392, "volume": 65753, "typical_volume": 100019.05, "trend": 35.727946, "fair_value": 32.002761, "relative_strength": -5.850482, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 55.292418, "energy": 39.160238, "activity_lines": [ 38.20393, 37.798381, 36.736374, 36.209431 ] }, { "date": "2024-04-26", "close": 37.505653, "volume": 33147, "typical_volume": 97680.35, "trend": 35.778259, "fair_value": 32.035371, "relative_strength": -8.365878, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 48.989019, "energy": 27.713307, "activity_lines": [ 37.917301, 37.841624, 36.884697, 36.324122 ] }, { "date": "2024-05-03", "close": 37.59713, "volume": 1075, "typical_volume": 90234.85, "trend": 35.8118, "fair_value": 32.061908, "relative_strength": -8.69638, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 35.9584, "energy": 19.599117, "activity_lines": [ 37.658115, 37.868236, 37.028665, 36.441469 ] }, { "date": "2024-05-10", "close": 36.590881, "volume": 16743, "typical_volume": 89202.25, "trend": 35.842293, "fair_value": 32.083592, "relative_strength": -12.349786, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 31.132791, "energy": 15.779202, "activity_lines": [ 37.258665, 37.666154, 37.059157, 36.491732 ] }, { "date": "2024-05-17", "close": 36.590881, "volume": 40076, "typical_volume": 90029.55, "trend": 35.909376, "fair_value": 32.111404, "relative_strength": -14.270437, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 28.583728, "energy": 15.727645, "activity_lines": [ 36.978134, 37.46241, 37.081373, 36.540028 ] }, { "date": "2024-05-24", "close": 35.584637, "volume": 77551, "typical_volume": 89609.1, "trend": 35.949017, "fair_value": 32.131701, "relative_strength": -17.4706, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 15.176731, "energy": 12.934227, "activity_lines": [ 36.450618, 37.075711, 36.999044, 36.519077 ] }, { "date": "2024-05-31", "close": 35.3102, "volume": 17481, "typical_volume": 89406.15, "trend": 35.988657, "fair_value": 32.15077, "relative_strength": -16.31457, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -15.428138, "energy": 17.116827, "activity_lines": [ 35.962739, 36.664895, 36.882302, 36.477863 ] }, { "date": "2024-06-07", "close": 36.133499, "volume": 30839, "typical_volume": 90855.6, "trend": 36.011526, "fair_value": 32.175118, "relative_strength": -16.770036, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -9.957745, "energy": 14.779678, "activity_lines": [ 35.895657, 36.442856, 36.841791, 36.487208 ] }, { "date": "2024-06-14", "close": 36.133499, "volume": 16105, "typical_volume": 91335.85, "trend": 36.026773, "fair_value": 32.199465, "relative_strength": -18.891975, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -9.869719, "energy": 13.789345, "activity_lines": [ 35.92615, 36.300651, 36.795399, 36.495077 ] }, { "date": "2024-06-21", "close": 35.813328, "volume": 94644, "typical_volume": 93974.0, "trend": 36.034396, "fair_value": 32.225757, "relative_strength": -21.88237, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -11.363169, "energy": 16.21759, "activity_lines": [ 35.880411, 36.140982, 36.71111, 36.481306 ] }, { "date": "2024-06-28", "close": 36.911053, "volume": 42489, "typical_volume": 95992.45, "trend": 36.104528, "fair_value": 32.259085, "relative_strength": -18.408347, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 22.561716, "energy": 11.14326, "activity_lines": [ 36.252418, 36.219153, 36.727009, 36.537865 ] }, { "date": "2024-07-05", "close": 36.590881, "volume": 36167, "typical_volume": 94598.8, "trend": 36.165513, "fair_value": 32.293824, "relative_strength": -20.485397, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 23.274613, "energy": 11.608787, "activity_lines": [ 36.429273, 36.250754, 36.703051, 36.569242 ] }, { "date": "2024-07-12", "close": 35.676105, "volume": 115758, "typical_volume": 97722.0, "trend": 36.224973, "fair_value": 32.326962, "relative_strength": -23.229518, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -4.26002, "energy": 4.402051, "activity_lines": [ 36.215824, 36.132664, 36.587615, 36.537668 ] }, { "date": "2024-07-19", "close": 35.68095, "volume": 29785, "typical_volume": 93757.45, "trend": 36.252577, "fair_value": 32.359598, "relative_strength": -19.311448, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -23.100699, "energy": 11.72799, "activity_lines": [ 36.034483, 36.050383, 36.469809, 36.502569 ] }, { "date": "2024-07-26", "close": 34.741978, "volume": 16506, "typical_volume": 84630.3, "trend": 36.251932, "fair_value": 32.385683, "relative_strength": -18.345102, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -37.480805, "energy": 38.830869, "activity_lines": [ 35.570321, 35.813924, 36.266475, 36.405111 ] }, { "date": "2024-08-02", "close": 36.713818, "volume": 44161, "typical_volume": 79073.35, "trend": 36.347507, "fair_value": 32.424407, "relative_strength": -11.365697, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -14.447141, "energy": 22.077043, "activity_lines": [ 35.834863, 35.969598, 36.259739, 36.434911 ] }, { "date": "2024-08-09", "close": 35.211464, "volume": 50056, "typical_volume": 69980.0, "trend": 36.359462, "fair_value": 32.4543, "relative_strength": -13.861331, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -27.923831, "energy": 27.820599, "activity_lines": [ 35.611769, 35.831586, 36.111296, 36.361617 ] }, { "date": "2024-08-16", "close": 35.68095, "volume": 50988, "typical_volume": 53038.85, "trend": 36.385542, "fair_value": 32.483118, "relative_strength": -15.653392, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -47.502692, "energy": 29.491137, "activity_lines": [ 35.637131, 35.78073, 36.018274, 36.317842 ] }, { "date": "2024-08-23", "close": 36.150433, "volume": 26155, "typical_volume": 49522.3, "trend": 36.437944, "fair_value": 32.513855, "relative_strength": -13.292213, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -42.383487, "energy": 17.917116, "activity_lines": [ 35.818665, 35.823462, 35.993028, 36.302674 ] }, { "date": "2024-08-30", "close": 35.305359, "volume": 22039, "typical_volume": 41375.9, "trend": 36.451504, "fair_value": 32.541354, "relative_strength": -15.208881, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -50.045625, "energy": 24.717303, "activity_lines": [ 35.687208, 35.712238, 35.89789, 36.229604 ] }, { "date": "2024-09-06", "close": 35.962639, "volume": 196145, "typical_volume": 47895.5, "trend": 36.485449, "fair_value": 32.573067, "relative_strength": -9.834239, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -32.140373, "energy": 15.154588, "activity_lines": [ 35.737286, 35.729754, 35.877789, 36.198064 ] }, { "date": "2024-09-13", "close": 36.619919, "volume": 43840, "typical_volume": 48430.15, "trend": 36.516909, "fair_value": 32.608448, "relative_strength": -9.127829, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -23.224005, "energy": 11.020765, "activity_lines": [ 36.056536, 35.88402, 35.927851, 36.20674 ] }, { "date": "2024-09-20", "close": 36.807716, "volume": 63215, "typical_volume": 51537.15, "trend": 36.57445, "fair_value": 32.648301, "relative_strength": -9.839503, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -8.824432, "energy": 7.34861, "activity_lines": [ 36.344488, 36.071902, 36.000016, 36.225502 ] }, { "date": "2024-09-27", "close": 37.089409, "volume": 15040, "typical_volume": 51452.0, "trend": 36.594116, "fair_value": 32.691322, "relative_strength": -11.256595, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 14.029781, "energy": 14.188543, "activity_lines": [ 36.65122, 36.290427, 36.102769, 36.258725 ] }, { "date": "2024-10-04", "close": 35.868744, "volume": 10070, "typical_volume": 49951.7, "trend": 36.570045, "fair_value": 32.727607, "relative_strength": -11.612917, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -14.533117, "energy": 12.656194, "activity_lines": [ 36.488465, 36.261404, 36.086893, 36.211927 ] }, { "date": "2024-10-11", "close": 36.150433, "volume": 48280, "typical_volume": 48488.15, "trend": 36.541642, "fair_value": 32.770328, "relative_strength": -12.743765, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -12.032866, "energy": 8.864819, "activity_lines": [ 36.382048, 36.263111, 36.101284, 36.184855 ] }, { "date": "2024-10-18", "close": 36.432125, "volume": 24481, "typical_volume": 48838.15, "trend": 36.507382, "fair_value": 32.823025, "relative_strength": -13.750261, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -10.587933, "energy": 6.168428, "activity_lines": [ 36.357008, 36.326278, 36.139808, 36.177789 ] }, { "date": "2024-10-25", "close": 35.962639, "volume": 69154, "typical_volume": 50753.9, "trend": 36.355324, "fair_value": 32.884152, "relative_strength": -13.810365, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -27.922486, "energy": 12.746588, "activity_lines": [ 36.187993, 36.28189, 36.128277, 36.142645 ] }, { "date": "2024-11-01", "close": 36.19738, "volume": 21470, "typical_volume": 51022.15, "trend": 36.282747, "fair_value": 32.949507, "relative_strength": -10.623557, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -17.914462, "energy": 8.490518, "activity_lines": [ 36.153563, 36.275061, 36.139916, 36.132455 ] }, { "date": "2024-11-08", "close": 35.915691, "volume": 8048, "typical_volume": 46692.35, "trend": 36.216026, "fair_value": 33.014418, "relative_strength": -13.672252, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -5.772731, "energy": 4.650064, "activity_lines": [ 36.084705, 36.216162, 36.124423, 36.108774 ] }, { "date": "2024-11-15", "close": 34.741978, "volume": 28303, "typical_volume": 45983.05, "trend": 36.122379, "fair_value": 33.062272, "relative_strength": -12.998433, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -57.982032, "energy": 35.716848, "activity_lines": [ 35.62148, 35.932763, 35.996661, 36.013674 ] }, { "date": "2024-11-22", "close": 35.587055, "volume": 61061, "typical_volume": 47227.75, "trend": 36.058426, "fair_value": 33.124804, "relative_strength": -11.0189, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -45.5624, "energy": 34.519324, "activity_lines": [ 35.533844, 35.825209, 35.959711, 35.979137 ] }, { "date": "2024-11-29", "close": 34.929771, "volume": 11042, "typical_volume": 41991.95, "trend": 35.969514, "fair_value": 33.171956, "relative_strength": -9.719872, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -56.809088, "energy": 45.82317, "activity_lines": [ 35.283451, 35.616928, 35.864942, 35.90632 ] }, { "date": "2024-12-06", "close": 34.272488, "volume": 26533, "typical_volume": 41829.35, "trend": 35.892234, "fair_value": 33.220615, "relative_strength": -14.479647, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.485479, "energy": 59.048853, "activity_lines": [ 34.882822, 35.323285, 35.71113, 35.796835 ] }, { "date": "2024-12-13", "close": 34.835873, "volume": 28169, "typical_volume": 42412.5, "trend": 35.833734, "fair_value": 33.27125, "relative_strength": -12.025417, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -53.895556, "energy": 48.137152, "activity_lines": [ 34.798315, 35.183293, 35.617679, 35.728682 ] }, { "date": "2024-12-20", "close": 35.211464, "volume": 27522, "typical_volume": 41580.55, "trend": 35.821295, "fair_value": 33.318846, "relative_strength": -8.635972, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -52.246702, "energy": 44.223744, "activity_lines": [ 34.910992, 35.13037, 35.559553, 35.688536 ] }, { "date": "2024-12-27", "close": 35.68095, "volume": 19934, "typical_volume": 40074.45, "trend": 35.833653, "fair_value": 33.371086, "relative_strength": -10.052537, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -45.795186, "energy": 25.41887, "activity_lines": [ 35.148865, 35.179879, 35.553293, 35.679482 ] }, { "date": "2025-01-03", "close": 36.056538, "volume": 31, "typical_volume": 37526.6, "trend": 35.831088, "fair_value": 33.420559, "relative_strength": -7.273457, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -22.575366, "energy": 12.529771, "activity_lines": [ 35.505674, 35.311335, 35.580568, 35.693861 ] }, { "date": "2025-01-10", "close": 34.55418, "volume": 15413, "typical_volume": 36989.5, "trend": 35.778444, "fair_value": 33.462852, "relative_strength": -11.044604, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -41.098341, "energy": 18.423582, "activity_lines": [ 35.28658, 35.167928, 35.462973, 35.61148 ] }, { "date": "2025-01-17", "close": 35.493156, "volume": 19442, "typical_volume": 36859.65, "trend": 35.767771, "fair_value": 33.510892, "relative_strength": -8.706969, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -27.58821, "energy": 13.610511, "activity_lines": [ 35.361699, 35.225121, 35.442405, 35.593074 ] }, { "date": "2025-01-24", "close": 35.211464, "volume": 2031, "typical_volume": 27153.95, "trend": 35.711118, "fair_value": 33.55522, "relative_strength": -10.448585, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -30.29152, "energy": 12.991029, "activity_lines": [ 35.299101, 35.238779, 35.394115, 35.557184 ] }, { "date": "2025-02-07", "close": 35.164516, "volume": 13148, "typical_volume": 25619.35, "trend": 35.663573, "fair_value": 33.602787, "relative_strength": -9.938038, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -42.708149, "energy": 20.745388, "activity_lines": [ 35.220853, 35.235364, 35.344931, 35.521919 ] }, { "date": "2025-02-14", "close": 35.399258, "volume": 43660, "typical_volume": 24641.6, "trend": 35.654345, "fair_value": 33.649953, "relative_strength": -7.632095, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -40.885933, "energy": 16.671014, "activity_lines": [ 35.255283, 35.282313, 35.325034, 35.504866 ] }, { "date": "2025-02-21", "close": 35.68095, "volume": 49057, "typical_volume": 26342.45, "trend": 35.654345, "fair_value": 33.69729, "relative_strength": -8.724666, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -17.904491, "energy": 7.441067, "activity_lines": [ 35.427428, 35.371942, 35.338672, 35.506583 ] }, { "date": "2025-02-28", "close": 36.619919, "volume": 15180, "typical_volume": 26597.95, "trend": 35.716943, "fair_value": 33.750919, "relative_strength": -3.267936, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 18.314537, "energy": 16.722174, "activity_lines": [ 35.837444, 35.606685, 35.448442, 35.568878 ] }, { "date": "2025-03-07", "close": 36.33823, "volume": 10555, "typical_volume": 24711.7, "trend": 35.704423, "fair_value": 33.804376, "relative_strength": -1.617172, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 14.783251, "energy": 25.8786, "activity_lines": [ 36.078447, 35.757774, 35.527807, 35.608961 ] }, { "date": "2025-03-14", "close": 35.68095, "volume": 59778, "typical_volume": 26476.55, "trend": 35.720073, "fair_value": 33.852531, "relative_strength": -0.459508, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 11.058098, "energy": 23.488394, "activity_lines": [ 36.025239, 35.768871, 35.54368, 35.607447 ] }, { "date": "2025-03-21", "close": 36.807716, "volume": 107262, "typical_volume": 28381.95, "trend": 35.757631, "fair_value": 33.90927, "relative_strength": 1.836603, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 24.685525, "energy": 35.864109, "activity_lines": [ 36.313191, 35.984835, 35.670442, 35.677617 ] }, { "date": "2025-03-28", "close": 37.558895, "volume": 205270, "typical_volume": 37571.95, "trend": 35.80458, "fair_value": 33.963743, "relative_strength": 6.974052, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 40.597813, "energy": 43.458647, "activity_lines": [ 36.757638, 36.323719, 35.86472, 35.793828 ] }, { "date": "2025-04-04", "close": 38.544811, "volume": 46177, "typical_volume": 39478.4, "trend": 35.912562, "fair_value": 34.02617, "relative_strength": 11.599539, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 75.023568, "energy": 64.446311, "activity_lines": [ 37.405528, 36.787229, 36.146411, 35.970617 ] }, { "date": "2025-04-11", "close": 34.741978, "volume": 176674, "typical_volume": 46896.95, "trend": 35.871873, "fair_value": 34.062314, "relative_strength": 9.843753, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 36.076673, "energy": 23.825325, "activity_lines": [ 36.65748, 36.50383, 36.053408, 35.895095 ] }, { "date": "2025-04-18", "close": 36.056538, "volume": 25036, "typical_volume": 45095.7, "trend": 35.853094, "fair_value": 34.107428, "relative_strength": 14.74449, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 35.804041, "energy": 19.488214, "activity_lines": [ 36.454036, 36.467978, 36.085601, 35.907009 ] }, { "date": "2025-04-25", "close": 36.056538, "volume": 50563, "typical_volume": 47071.75, "trend": 35.828055, "fair_value": 34.137019, "relative_strength": 12.130887, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 32.309345, "energy": 13.779217, "activity_lines": [ 36.225553, 36.415908, 36.115559, 35.920135 ] }, { "date": "2025-05-02", "close": 41.455631, "volume": 242389, "typical_volume": 57864.55, "trend": 35.973595, "fair_value": 34.196045, "relative_strength": 23.056802, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 74.821073, "energy": 37.986687, "activity_lines": [ 37.846846, 37.333541, 36.654351, 36.283204 ] }, { "date": "2025-05-09", "close": 40.094116, "volume": 68015, "typical_volume": 59856.85, "trend": 36.114441, "fair_value": 34.245526, "relative_strength": 18.1954, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.872323, "energy": 62.917401, "activity_lines": [ 38.754518, 37.898631, 37.029269, 36.549044 ] }, { "date": "2025-05-16", "close": 40.469704, "volume": 69418, "typical_volume": 61951.65, "trend": 36.258417, "fair_value": 34.290061, "relative_strength": 14.114591, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.73983, "energy": 70.504962, "activity_lines": [ 39.684099, 38.468842, 37.414918, 36.830029 ] }, { "date": "2025-05-23", "close": 38.638714, "volume": 36041, "typical_volume": 62757.0, "trend": 36.33197, "fair_value": 34.33566, "relative_strength": 9.832682, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 58.907886, "energy": 66.429068, "activity_lines": [ 39.621502, 38.631029, 37.601147, 36.983596 ] }, { "date": "2025-05-30", "close": 37.840588, "volume": 2912, "typical_volume": 62901.05, "trend": 36.394568, "fair_value": 34.379411, "relative_strength": 8.942482, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 54.006492, "energy": 40.515739, "activity_lines": [ 39.120718, 38.594324, 37.69728, 37.080927 ] }, { "date": "2025-06-06", "close": 37.230255, "volume": 16012, "typical_volume": 62931.0, "trend": 36.428997, "fair_value": 34.414891, "relative_strength": 5.570844, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 38.693052, "energy": 21.559302, "activity_lines": [ 38.297553, 38.42787, 37.726791, 37.134842 ] }, { "date": "2025-06-13", "close": 38.497864, "volume": 22005, "typical_volume": 63059.15, "trend": 36.51507, "fair_value": 34.460404, "relative_strength": 7.011177, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 33.797502, "energy": 17.44948, "activity_lines": [ 38.178616, 38.497866, 37.864283, 37.268317 ] }, { "date": "2025-06-20", "close": 38.450916, "volume": 16039, "typical_volume": 63759.55, "trend": 36.638701, "fair_value": 34.497445, "relative_strength": 6.83794, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 31.869695, "energy": 17.491768, "activity_lines": [ 38.150446, 38.560179, 37.982996, 37.39321 ] }, { "date": "2025-06-27", "close": 37.840588, "volume": 7853, "typical_volume": 63494.8, "trend": 36.713819, "fair_value": 34.527034, "relative_strength": 2.490165, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 29.980257, "energy": 15.736335, "activity_lines": [ 38.05342, 38.444089, 38.028156, 37.470752 ] }, { "date": "2025-07-04", "close": 38.967354, "volume": 78820, "typical_volume": 65252.8, "trend": 36.848405, "fair_value": 34.569292, "relative_strength": 5.538516, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 38.937363, "energy": 20.443456, "activity_lines": [ 38.38519, 38.500427, 38.167885, 37.616141 ] }, { "date": "2025-07-11", "close": 40.563606, "volume": 138718, "typical_volume": 69735.85, "trend": 37.058109, "fair_value": 34.627774, "relative_strength": 8.586153, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 65.191068, "energy": 46.044861, "activity_lines": [ 39.173927, 38.79407, 38.442646, 37.855831 ] }, { "date": "2025-07-18", "close": 43.329056, "volume": 100894, "typical_volume": 74021.55, "trend": 37.341215, "fair_value": 34.701533, "relative_strength": 12.378037, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 81.099861, "energy": 72.508872, "activity_lines": [ 40.662257, 39.60674, 38.957533, 38.260409 ] }, { "date": "2025-07-25", "close": 42.272251, "volume": 86206, "typical_volume": 77804.1, "trend": 37.576574, "fair_value": 34.775053, "relative_strength": 9.407316, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 70.113114, "energy": 74.427202, "activity_lines": [ 41.47624, 40.168447, 39.339823, 38.57854 ] }, { "date": "2025-08-01", "close": 42.84869, "volume": 32068, "typical_volume": 76418.6, "trend": 37.815499, "fair_value": 34.852398, "relative_strength": 10.237502, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 73.227841, "energy": 82.358315, "activity_lines": [ 42.227613, 40.802187, 39.748755, 38.918676 ] }, { "date": "2025-08-08", "close": 42.080105, "volume": 93215, "typical_volume": 75716.25, "trend": 38.016285, "fair_value": 34.924817, "relative_strength": 5.547793, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.674354, "energy": 78.714319, "activity_lines": [ 42.388917, 41.219639, 40.050356, 39.193812 ] }, { "date": "2025-08-15", "close": 42.704582, "volume": 148210, "typical_volume": 72863.25, "trend": 38.287965, "fair_value": 35.000958, "relative_strength": 5.594976, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.313378, "energy": 70.697366, "activity_lines": [ 42.550864, 41.673551, 40.386325, 39.496283 ] }, { "date": "2025-08-22", "close": 41.887959, "volume": 154536, "typical_volume": 78281.2, "trend": 38.501125, "fair_value": 35.067099, "relative_strength": 5.856589, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 61.490579, "energy": 53.661478, "activity_lines": [ 42.297871, 41.879452, 40.620017, 39.728541 ] }, { "date": "2025-08-29", "close": 42.176182, "volume": 204169, "typical_volume": 79655.95, "trend": 38.733282, "fair_value": 35.133686, "relative_strength": 4.392424, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 57.555422, "energy": 43.080298, "activity_lines": [ 42.237026, 42.07612, 40.865239, 39.965641 ] }, { "date": "2025-09-05", "close": 43.521206, "volume": 131632, "typical_volume": 84985.75, "trend": 39.011838, "fair_value": 35.208055, "relative_strength": 6.336988, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 68.135736, "energy": 47.131842, "activity_lines": [ 42.630927, 42.449605, 41.203157, 40.27454 ] }, { "date": "2025-09-12", "close": 46.307331, "volume": 145790, "typical_volume": 89747.1, "trend": 39.375441, "fair_value": 35.30757, "relative_strength": 8.616469, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 80.650049, "energy": 56.433032, "activity_lines": [ 43.908702, 43.226374, 41.770875, 40.745217 ] }, { "date": "2025-09-19", "close": 48.132721, "volume": 78647, "typical_volume": 81560.0, "trend": 39.7905, "fair_value": 35.408977, "relative_strength": 12.183857, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 84.574312, "energy": 76.693811, "activity_lines": [ 45.513125, 44.201579, 42.463626, 41.310202 ] }, { "date": "2025-09-26", "close": 47.268063, "volume": 104512, "typical_volume": 83384.85, "trend": 40.145438, "fair_value": 35.514932, "relative_strength": 9.924781, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 72.542756, "energy": 81.892182, "activity_lines": [ 46.467452, 44.881952, 43.042233, 41.792626 ] }, { "date": "2025-10-03", "close": 46.931805, "volume": 48638, "typical_volume": 82345.85, "trend": 40.498557, "fair_value": 35.619572, "relative_strength": 4.173943, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.197433, "energy": 80.455449, "activity_lines": [ 46.951021, 45.42957, 43.554654, 42.230456 ] }, { "date": "2025-10-10", "close": 46.643585, "volume": 13292, "typical_volume": 81208.4, "trend": 40.863978, "fair_value": 35.730493, "relative_strength": 1.367151, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 64.644442, "energy": 75.277694, "activity_lines": [ 47.021474, 45.840064, 44.008853, 42.626909 ] }, { "date": "2025-10-17", "close": 41.359554, "volume": 166987, "typical_volume": 89412.15, "trend": 41.015706, "fair_value": 35.798012, "relative_strength": -10.052419, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 32.995248, "energy": 29.948802, "activity_lines": [ 45.122425, 45.220828, 43.921693, 42.658882 ] }, { "date": "2025-10-24", "close": 45.154449, "volume": 21387, "typical_volume": 89680.9, "trend": 41.268891, "fair_value": 35.898266, "relative_strength": -2.718117, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 38.529972, "energy": 24.361994, "activity_lines": [ 44.818193, 45.304673, 44.179195, 42.925898 ] }, { "date": "2025-10-31", "close": 45.05838, "volume": 159787, "typical_volume": 96570.0, "trend": 41.48601, "fair_value": 35.991458, "relative_strength": -5.395728, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 33.230528, "energy": 19.779999, "activity_lines": [ 44.680489, 45.326509, 44.389812, 43.170381 ] }, { "date": "2025-11-07", "close": 43.425133, "volume": 201876, "typical_volume": 105861.85, "trend": 41.775449, "fair_value": 36.08399, "relative_strength": -6.886367, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 26.692183, "energy": 20.607317, "activity_lines": [ 44.145682, 44.993746, 44.413642, 43.295485 ] }, { "date": "2025-11-14", "close": 40.639004, "volume": 141886, "typical_volume": 112563.5, "trend": 41.928198, "fair_value": 36.165389, "relative_strength": -12.011246, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -4.109911, "energy": 10.749009, "activity_lines": [ 42.915943, 44.131706, 44.14844, 43.222166 ] }, { "date": "2025-11-21", "close": 41.503666, "volume": 118149, "typical_volume": 114529.95, "trend": 42.109769, "fair_value": 36.244763, "relative_strength": -6.912138, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -0.301002, "energy": 13.645677, "activity_lines": [ 42.37473, 43.479282, 43.95226, 43.194777 ] }, { "date": "2025-11-28", "close": 42.368324, "volume": 137216, "typical_volume": 114454.85, "trend": 42.140192, "fair_value": 36.336968, "relative_strength": -9.050514, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -13.149462, "energy": 20.790723, "activity_lines": [ 42.112129, 43.071407, 43.826352, 43.211458 ] }, { "date": "2025-12-05", "close": 40.494896, "volume": 146459, "typical_volume": 116733.1, "trend": 42.153551, "fair_value": 36.411277, "relative_strength": -14.05378, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -23.678012, "energy": 30.128888, "activity_lines": [ 41.410794, 42.427716, 43.513427, 43.10531 ] }, { "date": "2025-12-12", "close": 35.066753, "volume": 1108898, "typical_volume": 167867.7, "trend": 41.973453, "fair_value": 36.45079, "relative_strength": -25.94956, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -46.335252, "energy": 59.178926, "activity_lines": [ 39.20431, 40.920238, 42.697033, 42.648097 ] }, { "date": "2025-12-19", "close": 33.481544, "volume": 271370, "typical_volume": 179832.8, "trend": 41.801547, "fair_value": 36.477059, "relative_strength": -27.764615, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -59.193876, "energy": 74.50885, "activity_lines": [ 37.026649, 39.340269, 41.763978, 42.100232 ] }, { "date": "2025-12-26", "close": 34.009949, "volume": 124201, "typical_volume": 181382.1, "trend": 41.673859, "fair_value": 36.512881, "relative_strength": -28.526987, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -77.380241, "energy": 86.104025, "activity_lines": [ 35.502286, 38.095683, 40.925853, 41.597549 ] }, { "date": "2026-01-02", "close": 35.835339, "volume": 188002, "typical_volume": 183371.7, "trend": 41.627362, "fair_value": 36.558723, "relative_strength": -26.462889, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.334224, "energy": 81.209734, "activity_lines": [ 35.085968, 37.316616, 40.300004, 41.22087 ] }, { "date": "2026-01-09", "close": 35.306938, "volume": 139138, "typical_volume": 182601.8, "trend": 41.520998, "fair_value": 36.600337, "relative_strength": -29.460136, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.30994, "energy": 76.23211, "activity_lines": [ 34.929049, 36.610914, 39.656541, 40.813101 ] }, { "date": "2026-01-16", "close": 34.778534, "volume": 333213, "typical_volume": 189054.0, "trend": 41.398585, "fair_value": 36.645851, "relative_strength": -32.684107, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.292134, "energy": 60.463591, "activity_lines": [ 34.941859, 35.986437, 38.994093, 40.378103 ] }, { "date": "2026-01-23", "close": 35.97945, "volume": 293149, "typical_volume": 197129.85, "trend": 41.336547, "fair_value": 36.697101, "relative_strength": -31.236498, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -59.396622, "energy": 47.741623, "activity_lines": [ 35.374188, 35.73752, 38.481245, 40.028481 ] }, { "date": "2026-01-30", "close": 36.027489, "volume": 334125, "typical_volume": 206546.6, "trend": 41.238551, "fair_value": 36.748659, "relative_strength": -31.062083, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -48.03659, "energy": 41.550008, "activity_lines": [ 35.656004, 35.582057, 38.008885, 39.685961 ] }, { "date": "2026-02-06", "close": 35.354973, "volume": 96012, "typical_volume": 207414.85, "trend": 41.06493, "fair_value": 36.789179, "relative_strength": -31.439446, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -47.751333, "energy": 40.391125, "activity_lines": [ 35.579145, 35.403884, 37.521427, 39.306376 ] }, { "date": "2026-02-13", "close": 35.547119, "volume": 65000, "typical_volume": 205439.25, "trend": 40.805532, "fair_value": 36.82981, "relative_strength": -34.439668, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -45.999349, "energy": 37.378609, "activity_lines": [ 35.598359, 35.388163, 37.113115, 38.950388 ] }, { "date": "2026-02-27", "close": 35.739269, "volume": 142127, "typical_volume": 210113.7, "trend": 40.587766, "fair_value": 36.877278, "relative_strength": -37.081045, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -45.280442, "energy": 36.08522, "activity_lines": [ 35.665611, 35.497337, 36.778918, 38.623532 ] }, { "date": "2026-03-06", "close": 35.97945, "volume": 133000, "typical_volume": 216099.1, "trend": 40.358792, "fair_value": 36.907506, "relative_strength": -32.819697, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -42.168865, "energy": 32.227266, "activity_lines": [ 35.748875, 35.637954, 36.520892, 38.326222 ] }, { "date": "2026-03-13", "close": 34.586388, "volume": 92820, "typical_volume": 212390.75, "trend": 40.109001, "fair_value": 36.922919, "relative_strength": -34.582525, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -60.57311, "energy": 39.417931, "activity_lines": [ 35.367784, 35.479869, 36.180976, 37.953808 ] }, { "date": "2026-03-20", "close": 34.586388, "volume": 84385, "typical_volume": 215540.65, "trend": 39.838395, "fair_value": 36.933005, "relative_strength": -34.389707, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.217716, "energy": 44.413948, "activity_lines": [ 35.082767, 35.311304, 35.873312, 37.597511 ] }, { "date": "2026-03-27", "close": 34.922642, "volume": 56340, "typical_volume": 210368.3, "trend": 39.606217, "fair_value": 36.946929, "relative_strength": -32.390348, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -56.427334, "energy": 42.454118, "activity_lines": [ 34.961073, 35.226585, 35.647997, 37.280365 ] }, { "date": "2026-04-03", "close": 34.346203, "volume": 90100, "typical_volume": 204779.5, "trend": 39.345218, "fair_value": 36.944545, "relative_strength": -31.828668, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.889627, "energy": 47.829311, "activity_lines": [ 34.688865, 35.044045, 35.416049, 36.94101 ] }, { "date": "2026-04-10", "close": 35.691231, "volume": 203376, "typical_volume": 207854.0, "trend": 39.084219, "fair_value": 36.950502, "relative_strength": -34.194044, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -54.900926, "energy": 38.306087, "activity_lines": [ 34.95787, 35.113917, 35.355431, 36.705269 ] }, { "date": "2026-04-17", "close": 37.468586, "volume": 394122, "typical_volume": 221652.65, "trend": 38.789594, "fair_value": 36.967853, "relative_strength": -32.878128, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -15.375753, "energy": 12.598322, "activity_lines": [ 35.838542, 35.512184, 35.487646, 36.601034 ] }, { "date": "2026-04-24", "close": 37.27644, "volume": 239084, "typical_volume": 226746.05, "trend": 38.427718, "fair_value": 36.983411, "relative_strength": -36.142443, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -4.736876, "energy": 12.219031, "activity_lines": [ 36.463019, 35.849314, 35.620777, 36.503411 ] }, { "date": "2026-05-01", "close": 36.98822, "volume": 121000, "typical_volume": 225473.1, "trend": 38.085057, "fair_value": 36.997402, "relative_strength": -35.916514, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -3.812562, "energy": 19.88213, "activity_lines": [ 36.812086, 36.099105, 35.750704, 36.41054 ] }, { "date": "2026-05-08", "close": 36.123558, "volume": 207108, "typical_volume": 180383.6, "trend": 37.724782, "fair_value": 36.999684, "relative_strength": -40.574277, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -5.056707, "energy": 19.137799, "activity_lines": [ 36.735226, 36.165483, 35.814982, 36.283992 ] }, { "date": "2026-05-15", "close": 36.027489, "volume": 286098, "typical_volume": 181120.0, "trend": 37.370912, "fair_value": 36.999668, "relative_strength": -39.278314, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -7.31895, "energy": 12.238062, "activity_lines": [ 36.507854, 36.207406, 35.865077, 36.174489 ] }, { "date": "2026-05-22", "close": 36.219635, "volume": 94100, "typical_volume": 179614.95, "trend": 37.199581, "fair_value": 37.00677, "relative_strength": -39.735975, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -10.246434, "energy": 6.763954, "activity_lines": [ 36.322112, 36.283391, 35.921349, 36.100213 ] }, { "date": "2026-05-29", "close": 34.106022, "volume": 476000, "typical_volume": 194014.85, "trend": 36.8313, "fair_value": 37.003126, "relative_strength": -45.628134, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -48.024741, "energy": 27.222183, "activity_lines": [ 35.515097, 35.945388, 35.765802, 35.900629 ] }, { "date": "2026-06-05", "close": 34.586388, "volume": 52096, "typical_volume": 189662.75, "trend": 36.482234, "fair_value": 37.004244, "relative_strength": -44.510856, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -42.809074, "energy": 28.829167, "activity_lines": [ 35.079565, 35.703458, 35.664239, 35.755796 ] }, { "date": "2026-06-12", "close": 34.586388, "volume": 43000, "typical_volume": 175152.1, "trend": 36.187609, "fair_value": 37.010126, "relative_strength": -42.631303, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -53.157376, "energy": 36.86521, "activity_lines": [ 34.804154, 35.467642, 35.566107, 35.633483 ] }, { "date": "2026-06-19", "close": 36.45982, "volume": 256696, "typical_volume": 173329.45, "trend": 36.048303, "fair_value": 37.028017, "relative_strength": -41.724608, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -35.757938, "energy": 23.022145, "activity_lines": [ 35.2557, 35.568083, 35.647312, 35.651045 ] }, { "date": "2026-06-26", "close": 36.027489, "volume": 36000, "typical_volume": 158423.2, "trend": 35.865764, "fair_value": 37.043138, "relative_strength": -39.156171, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -26.506015, "energy": 12.431976, "activity_lines": [ 35.534312, 35.575944, 35.685055, 35.649702 ] }, { "date": "2026-07-03", "close": 36.700001, "volume": 64475, "typical_volume": 156846.35, "trend": 35.67682, "fair_value": 37.062569, "relative_strength": -40.175041, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 37.710245, "energy": 18.618325, "activity_lines": [ 36.049906, 35.732281, 35.786847, 35.703524 ] }, { "date": "2026-07-10", "close": 37.599998, "volume": 58000, "typical_volume": 156496.35, "trend": 35.580323, "fair_value": 37.088049, "relative_strength": -35.936041, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 58.245199, "energy": 34.800988, "activity_lines": [ 36.692566, 36.062735, 35.967948, 35.8276 ] }, { "date": "2026-07-17", "close": 35.0, "volume": 41000, "typical_volume": 151440.0, "trend": 35.578098, "fair_value": 37.087333, "relative_strength": -35.695988, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 34.882208, "energy": 21.863719, "activity_lines": [ 36.267653, 35.909339, 35.891655, 35.79016 ] }, { "date": "2026-07-24", "close": 34.150002, "volume": 417746, "typical_volume": 165677.3, "trend": 35.60038, "fair_value": 37.080608, "relative_strength": -37.665006, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -13.082631, "energy": 7.109289, "activity_lines": [ 35.531833, 35.621826, 35.737929, 35.698025 ] }, { "date": "2026-07-31", "close": 34.450001, "volume": 132004, "typical_volume": 167636.5, "trend": 35.615048, "fair_value": 37.077768, "relative_strength": -35.335938, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -21.23309, "energy": 19.008708, "activity_lines": [ 35.050001, 35.422995, 35.621487, 35.623807 ] }, { "date": "2026-08-07", "close": 34.450001, "volume": 19000, "typical_volume": 164367.25, "trend": 35.56887, "fair_value": 37.06639, "relative_strength": -35.906295, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -51.174403, "energy": 32.945188, "activity_lines": [ 34.673334, 35.256338, 35.505695, 35.548642 ] }, { "date": "2026-08-14", "close": 33.299999, "volume": 101208, "typical_volume": 166610.65, "trend": 35.501972, "fair_value": 37.044708, "relative_strength": -39.203578, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -62.791112, "energy": 54.557889, "activity_lines": [ 34.063334, 34.874337, 35.281027, 35.402264 ] } ], "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." } } }