{ "ticker": { "uuid": "258a7e2a-4134-48c5-8893-659535bb25c3", "symbol": "TGS", "name": "Transportadora de Gas del Sur SA ADR", "exchange": "NYSE", "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": "SPY", "stage": 3, "stage_name": "Distribution", "phase": "3c", "phase_label": "Stage 3C \u00b7 Breakdown watch", "transition": "stage_3_to_4_watch", "transition_label": "Stage 3 \u2192 4 watch", "confidence": 52.981, "architecture_regime": "balance", "architecture_regime_label": "Balance", "architecture_modifier": "Upper balance after advance", "architecture_gate": "down", "architecture_direction": -51.23, "architecture_energy": 20.286, "architecture_maturity": 36.435, "architecture_confidence": 77.86, "architecture_tenure": "Established", "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": 53.83, "rotation_up": 25.63, "upward_expansion": 9.83, "deceleration": 44.94, "rotation_down": 40.99, "downward_expansion": 67.17 }, "activity_lines": [ 30.193333, 30.218727, 30.320476, 30.536882 ], "activity_state": "Compressed", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": -0.166667 }, "latest_close": 28.79, "trend_reference": 30.623333, "distance_from_trend": -0.059867, "trend_direction": "Weakening", "fair_value": 23.334744, "distance_from_fair_value": 0.233783, "fair_value_direction": "Weakening", "relative_strength": -12.046882, "relative_strength_direction": "Weakening", "price_momentum": -0.021414, "excess_performance": -0.147039, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.059867, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.002606, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.233783, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.107389, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.120469, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.032323, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.021414, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.811824, "read": "Supply-led" } ], "volume": { "latest": 1296375, "relative_activity": 0.819776, "balance": 0.811824, "dry_up": 0.62149, "accumulation_observations": 2, "distribution_observations": 1 }, "risk": { "range_context": 0.097472, "annualized_volatility": 0.379371, "from_high_reference": -0.207976, "from_low_reference": 0.45846 }, "levels": { "trend_reference": 30.623333, "fair_value_reference": 23.334744, "structural_low": 27.74, "invalidation": "A decisive breakout above range resistance with renewed RS leadership invalidates the distribution reading; a range-low break confirms deterioration." }, "outcomes": [ { "horizon": "Near term", "sample_count": 18, "median_return": 0.034824, "positive_rate": 0.611111, "directional_follow_through": 0.611111, "median_excess_return": 0.012096, "regime_survival": 0.555556, "best_return": 0.239829, "worst_return": -0.193667, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 8, "median_return": 0.096647, "positive_rate": 0.625, "directional_follow_through": 0.625, "median_excess_return": 0.07271, "regime_survival": 0.375, "best_return": 0.396015, "worst_return": -0.138672, "sufficient": true }, { "horizon": "Extended", "sample_count": 5, "median_return": 0.214829, "positive_rate": 0.6, "directional_follow_through": 0.6, "median_excess_return": 0.235481, "regime_survival": 0.0, "best_return": 0.758406, "worst_return": -0.119732, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 3, "median_return": 0.300906, "positive_rate": 1.0, "directional_follow_through": 1.0, "median_excess_return": 0.183412, "regime_survival": 0.0, "best_return": 0.995516, "worst_return": 0.088553, "sufficient": false } ], "ledger": [ { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2023-12-15", "end": "2023-12-29", "tenure": "New", "return": -0.025823, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-01-05", "end": "2024-02-09", "tenure": "Developing", "return": -0.056446, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-02-16", "end": "2024-04-05", "tenure": "Developing", "return": 0.376113, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-04-12", "end": "2024-07-26", "tenure": "Established", "return": 0.031953, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-08-02", "end": "2024-09-06", "tenure": "Developing", "return": 0.256538, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-09-13", "end": "2025-01-31", "tenure": "Established", "return": 0.334594, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-02-07", "end": "2025-04-04", "tenure": "Developing", "return": -0.110733, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-04-11", "end": "2025-09-19", "tenure": "Established", "return": -0.188657, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-09-26", "end": "2025-10-24", "tenure": "Developing", "return": 0.026484, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-10-31", "end": "2025-12-12", "tenure": "Developing", "return": 0.021844, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-12-19", "end": "2026-01-16", "tenure": "Developing", "return": -0.084047, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-01-23", "end": "2026-03-20", "tenure": "Developing", "return": 0.048049, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-03-27", "end": "2026-04-24", "tenure": "Developing", "return": -0.11929, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-05-01", "end": "2026-08-07", "tenure": "Established", "return": -0.016399, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 12.87, "volume": 981174, "typical_volume": 829074.25, "trend": 11.727333, "fair_value": 6.964968, "relative_strength": 13.518029, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 28.513825, "energy": 20.504864, "activity_lines": [ 12.438, 12.741273, 12.722429, 12.266194 ] }, { "date": "2023-08-25", "close": 12.89, "volume": 576761, "typical_volume": 834379.95, "trend": 11.788, "fair_value": 7.017596, "relative_strength": 11.856429, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 21.904741, "energy": 14.667226, "activity_lines": [ 12.547333, 12.727273, 12.770619, 12.341204 ] }, { "date": "2023-09-01", "close": 12.46, "volume": 745702, "typical_volume": 821625.8, "trend": 11.854333, "fair_value": 7.067083, "relative_strength": 4.687933, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 20.102239, "energy": 10.216711, "activity_lines": [ 12.567333, 12.642909, 12.763571, 12.384559 ] }, { "date": "2023-09-08", "close": 10.89, "volume": 692960, "typical_volume": 803414.7, "trend": 11.841667, "fair_value": 7.106763, "relative_strength": -7.698204, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -4.63799, "energy": 8.441198, "activity_lines": [ 12.063333, 12.286364, 12.601619, 12.322344 ] }, { "date": "2023-09-15", "close": 11.3, "volume": 726601, "typical_volume": 799558.6, "trend": 11.842333, "fair_value": 7.151891, "relative_strength": -4.471345, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -16.923091, "energy": 24.838742, "activity_lines": [ 11.739333, 12.056909, 12.475667, 12.287398 ] }, { "date": "2023-09-22", "close": 10.91, "volume": 532330, "typical_volume": 796465.7, "trend": 11.823333, "fair_value": 7.194904, "relative_strength": -5.370144, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -22.414592, "energy": 39.192977, "activity_lines": [ 11.348667, 11.800909, 12.312952, 12.227247 ] }, { "date": "2023-09-29", "close": 10.18, "volume": 467754, "typical_volume": 774523.8, "trend": 11.806333, "fair_value": 7.232788, "relative_strength": -11.274521, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -41.8016, "energy": 56.926761, "activity_lines": [ 10.845333, 11.447091, 12.084714, 12.121226 ] }, { "date": "2023-10-06", "close": 10.76, "volume": 810713, "typical_volume": 761370.9, "trend": 11.836333, "fair_value": 7.273942, "relative_strength": -6.808608, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -31.611684, "energy": 51.021047, "activity_lines": [ 10.716, 11.262727, 11.925714, 12.05372 ] }, { "date": "2023-10-13", "close": 11.75, "volume": 775378, "typical_volume": 773013.3, "trend": 11.939667, "fair_value": 7.318814, "relative_strength": 0.877833, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -28.213997, "energy": 34.695522, "activity_lines": [ 11.03, 11.289091, 11.869429, 12.048151 ] }, { "date": "2023-10-20", "close": 12.68, "volume": 1826378, "typical_volume": 827195.75, "trend": 12.058, "fair_value": 7.369712, "relative_strength": 10.885504, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -0.329033, "energy": 6.709426, "activity_lines": [ 11.596667, 11.480727, 11.904333, 12.095914 ] }, { "date": "2023-10-27", "close": 11.15, "volume": 757230, "typical_volume": 813878.45, "trend": 12.088333, "fair_value": 7.410288, "relative_strength": -0.357656, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -37.917626, "energy": 18.541937, "activity_lines": [ 11.561333, 11.386364, 11.793905, 12.037333 ] }, { "date": "2023-11-03", "close": 10.54, "volume": 892921, "typical_volume": 819963.65, "trend": 12.11, "fair_value": 7.443622, "relative_strength": -10.945831, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -45.819394, "energy": 20.99878, "activity_lines": [ 11.306667, 11.212364, 11.632762, 11.937441 ] }, { "date": "2023-11-10", "close": 10.23, "volume": 753085, "typical_volume": 796359.85, "trend": 12.073333, "fair_value": 7.474583, "relative_strength": -14.821139, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -59.493829, "energy": 31.379218, "activity_lines": [ 10.924667, 11.024727, 11.455333, 11.816151 ] }, { "date": "2023-11-17", "close": 10.46, "volume": 528603, "typical_volume": 769537.65, "trend": 12.080333, "fair_value": 7.506955, "relative_strength": -14.927614, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -57.865873, "energy": 53.023398, "activity_lines": [ 10.654667, 10.919455, 11.313905, 11.712065 ] }, { "date": "2023-11-24", "close": 13.75, "volume": 2052318, "typical_volume": 837253.8, "trend": 12.159333, "fair_value": 7.559776, "relative_strength": 10.16849, "stage": 2, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -9.900816, "energy": 7.970294, "activity_lines": [ 11.567333, 11.420182, 11.501619, 11.819785 ] }, { "date": "2023-12-01", "close": 13.37, "volume": 2484160, "typical_volume": 920709.4, "trend": 12.213333, "fair_value": 7.608045, "relative_strength": 5.887644, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 18.338716, "energy": 16.79032, "activity_lines": [ 12.282, 11.807273, 11.653095, 11.897892 ] }, { "date": "2023-12-08", "close": 13.83, "volume": 2487469, "typical_volume": 1016100.1, "trend": 12.237, "fair_value": 7.659519, "relative_strength": 8.657811, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 26.449393, "energy": 35.974284, "activity_lines": [ 13.002, 12.233273, 11.84581, 12.002194 ] }, { "date": "2023-12-15", "close": 15.49, "volume": 2672864, "typical_volume": 1109222.2, "trend": 12.335667, "fair_value": 7.722532, "relative_strength": 18.130516, "stage": 2, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 41.787564, "energy": 58.753598, "activity_lines": [ 14.056, 12.894727, 12.196, 12.212065 ] }, { "date": "2023-12-22", "close": 15.1, "volume": 1399014, "typical_volume": 1144716.95, "trend": 12.429, "fair_value": 7.785609, "relative_strength": 13.866338, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 43.240446, "energy": 68.066058, "activity_lines": [ 14.629333, 13.399273, 12.494571, 12.390409 ] }, { "date": "2023-12-29", "close": 15.09, "volume": 707650, "typical_volume": 1143553.25, "trend": 12.506667, "fair_value": 7.849006, "relative_strength": 13.360816, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 69.140919, "energy": 77.084929, "activity_lines": [ 14.89, 13.841091, 12.775238, 12.562086 ] }, { "date": "2024-01-05", "close": 14.35, "volume": 771030, "typical_volume": 1133046.05, "trend": 12.561667, "fair_value": 7.906699, "relative_strength": 9.582592, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 63.960952, "energy": 70.248388, "activity_lines": [ 14.814667, 14.104545, 12.971905, 12.681011 ] }, { "date": "2024-01-12", "close": 14.41, "volume": 1021094, "typical_volume": 1155262.7, "trend": 12.598, "fair_value": 7.965096, "relative_strength": 8.028952, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 60.306135, "energy": 48.698805, "activity_lines": [ 14.694, 14.320727, 13.167238, 12.800258 ] }, { "date": "2024-01-19", "close": 14.41, "volume": 556702, "typical_volume": 1145812.7, "trend": 12.638667, "fair_value": 8.024391, "relative_strength": 6.513002, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 56.568425, "energy": 39.780844, "activity_lines": [ 14.534667, 14.466545, 13.355333, 12.917161 ] }, { "date": "2024-01-26", "close": 15.47, "volume": 995751, "typical_volume": 1160952.25, "trend": 12.695, "fair_value": 8.091378, "relative_strength": 12.867552, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.857076, "energy": 43.606904, "activity_lines": [ 14.800667, 14.729091, 13.635095, 13.099828 ] }, { "date": "2024-02-02", "close": 14.95, "volume": 639189, "typical_volume": 1156581.65, "trend": 12.735333, "fair_value": 8.15484, "relative_strength": 7.215285, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 57.806268, "energy": 40.546156, "activity_lines": [ 14.868667, 14.806, 13.843524, 13.245312 ] }, { "date": "2024-02-09", "close": 13.54, "volume": 1138581, "typical_volume": 1186894.2, "trend": 12.759, "fair_value": 8.209006, "relative_strength": -4.156647, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 41.789327, "energy": 28.212192, "activity_lines": [ 14.476, 14.604727, 13.900286, 13.297226 ] }, { "date": "2024-02-16", "close": 13.48, "volume": 686222, "typical_volume": 1197817.6, "trend": 12.751667, "fair_value": 8.262276, "relative_strength": -4.184339, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 37.448819, "energy": 21.554653, "activity_lines": [ 14.117333, 14.389455, 13.93881, 13.343742 ] }, { "date": "2024-02-23", "close": 14.39, "volume": 778328, "typical_volume": 1196198.35, "trend": 12.816333, "fair_value": 8.324391, "relative_strength": 0.677783, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 37.001136, "energy": 20.362592, "activity_lines": [ 14.124, 14.346, 14.048286, 13.449441 ] }, { "date": "2024-03-01", "close": 13.35, "volume": 972606, "typical_volume": 1206059.75, "trend": 12.876667, "fair_value": 8.38125, "relative_strength": -7.457087, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 26.370902, "energy": 20.84632, "activity_lines": [ 13.785333, 14.133455, 14.041429, 13.483871 ] }, { "date": "2024-03-08", "close": 12.12, "volume": 1511726, "typical_volume": 1190327.15, "trend": 12.872333, "fair_value": 8.429135, "relative_strength": -15.667894, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -5.987419, "energy": 16.952015, "activity_lines": [ 13.178, 13.729091, 13.90981, 13.435054 ] }, { "date": "2024-03-15", "close": 12.81, "volume": 1510866, "typical_volume": 1228008.95, "trend": 12.870333, "fair_value": 8.481955, "relative_strength": -10.974771, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 1.95211, "energy": 16.960961, "activity_lines": [ 12.989333, 13.504182, 13.846571, 13.431032 ] }, { "date": "2024-03-22", "close": 14.8, "volume": 2270131, "typical_volume": 1296869.45, "trend": 12.934, "fair_value": 8.547276, "relative_strength": 0.268478, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 24.772224, "energy": 18.271789, "activity_lines": [ 13.512667, 13.669091, 13.964952, 13.555527 ] }, { "date": "2024-03-29", "close": 15.1, "volume": 945079, "typical_volume": 1306469.15, "trend": 13.022, "fair_value": 8.612853, "relative_strength": 1.696101, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 44.518786, "energy": 19.595525, "activity_lines": [ 14.048, 13.881455, 14.091619, 13.695269 ] }, { "date": "2024-04-05", "close": 18.55, "volume": 2790160, "typical_volume": 1419547.0, "trend": 13.277333, "fair_value": 8.702212, "relative_strength": 25.095256, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 79.438707, "energy": 69.169155, "activity_lines": [ 15.686, 14.708545, 14.523667, 14.051914 ] }, { "date": "2024-04-12", "close": 16.9, "volume": 1300991, "typical_volume": 1381980.65, "trend": 13.464, "fair_value": 8.78234, "relative_strength": 15.25532, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.507609, "energy": 71.712202, "activity_lines": [ 16.427333, 15.179636, 14.760048, 14.285634 ] }, { "date": "2024-04-19", "close": 15.95, "volume": 1543297, "typical_volume": 1334937.5, "trend": 13.632, "fair_value": 8.856186, "relative_strength": 11.70065, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 59.990726, "energy": 70.246215, "activity_lines": [ 16.533333, 15.442545, 14.890952, 14.446022 ] }, { "date": "2024-04-26", "close": 16.81, "volume": 1165857, "typical_volume": 1268856.9, "trend": 13.853, "fair_value": 8.93484, "relative_strength": 14.284111, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.722632, "energy": 70.468195, "activity_lines": [ 16.716667, 15.818, 15.091476, 14.651054 ] }, { "date": "2024-05-03", "close": 19.2, "volume": 1337750, "typical_volume": 1202101.2, "trend": 14.134333, "fair_value": 9.028942, "relative_strength": 29.01659, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 79.175129, "energy": 65.76214, "activity_lines": [ 17.562667, 16.567455, 15.505429, 14.996022 ] }, { "date": "2024-05-10", "close": 18.67, "volume": 1269173, "typical_volume": 1195609.15, "trend": 14.365, "fair_value": 9.118558, "relative_strength": 22.87032, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 71.162708, "energy": 57.719546, "activity_lines": [ 17.958667, 17.133091, 15.851238, 15.288645 ] }, { "date": "2024-05-17", "close": 18.86, "volume": 877463, "typical_volume": 1204099.8, "trend": 14.571, "fair_value": 9.209904, "relative_strength": 21.680836, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 68.735317, "energy": 62.030557, "activity_lines": [ 18.41, 17.636545, 16.198143, 15.578645 ] }, { "date": "2024-05-24", "close": 17.98, "volume": 1288728, "typical_volume": 1229984.7, "trend": 14.798667, "fair_value": 9.295609, "relative_strength": 15.682518, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 61.6438, "energy": 55.914571, "activity_lines": [ 18.437333, 17.857455, 16.443286, 15.798581 ] }, { "date": "2024-05-31", "close": 19.64, "volume": 1138602, "typical_volume": 1235860.1, "trend": 15.102, "fair_value": 9.386955, "relative_strength": 26.280774, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 70.234385, "energy": 52.086819, "activity_lines": [ 18.882667, 18.286182, 16.829238, 16.110925 ] }, { "date": "2024-06-07", "close": 16.95, "volume": 1153082, "typical_volume": 1265679.1, "trend": 15.326, "fair_value": 9.461058, "relative_strength": 7.505535, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 56.564566, "energy": 38.178675, "activity_lines": [ 18.242667, 18.137818, 16.934095, 16.230151 ] }, { "date": "2024-06-14", "close": 18.92, "volume": 1232525, "typical_volume": 1277517.8, "trend": 15.608, "fair_value": 9.549199, "relative_strength": 17.737721, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 59.941062, "energy": 36.257124, "activity_lines": [ 18.409333, 18.314, 17.214476, 16.462022 ] }, { "date": "2024-06-21", "close": 18.44, "volume": 598614, "typical_volume": 1275489.05, "trend": 15.764333, "fair_value": 9.635545, "relative_strength": 13.797504, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 54.371758, "energy": 33.244602, "activity_lines": [ 18.399333, 18.396182, 17.432714, 16.644731 ] }, { "date": "2024-06-28", "close": 18.98, "volume": 835807, "typical_volume": 1260350.35, "trend": 15.951333, "fair_value": 9.727853, "relative_strength": 16.939087, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 56.180612, "energy": 31.130099, "activity_lines": [ 18.597333, 18.548545, 17.685762, 16.852194 ] }, { "date": "2024-07-05", "close": 18.11, "volume": 453153, "typical_volume": 1248696.9, "trend": 16.094, "fair_value": 9.814263, "relative_strength": 9.420502, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 44.028924, "energy": 29.409682, "activity_lines": [ 18.438667, 18.487636, 17.830048, 16.991462 ] }, { "date": "2024-07-12", "close": 18.79, "volume": 550163, "typical_volume": 1237288.65, "trend": 16.204, "fair_value": 9.906314, "relative_strength": 12.112385, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 54.680225, "energy": 32.493859, "activity_lines": [ 18.608667, 18.526727, 18.017048, 17.165398 ] }, { "date": "2024-07-19", "close": 17.13, "volume": 732597, "typical_volume": 1225288.2, "trend": 16.271667, "fair_value": 9.987788, "relative_strength": 4.223673, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 35.989534, "energy": 19.896339, "activity_lines": [ 18.102667, 18.271455, 18.025, 17.22514 ] }, { "date": "2024-07-26", "close": 17.44, "volume": 554420, "typical_volume": 1177422.9, "trend": 16.35, "fair_value": 10.071378, "relative_strength": 6.694886, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 31.480793, "energy": 16.137825, "activity_lines": [ 17.819333, 18.100545, 18.044476, 17.300516 ] }, { "date": "2024-08-02", "close": 16.06, "volume": 588282, "typical_volume": 1131293.7, "trend": 16.407, "fair_value": 10.143814, "relative_strength": 0.126859, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 0.197522, "energy": 10.320449, "activity_lines": [ 17.142667, 17.704545, 17.90719, 17.281806 ] }, { "date": "2024-08-09", "close": 19.09, "volume": 1423687, "typical_volume": 1088971.5, "trend": 16.563, "fair_value": 10.235929, "relative_strength": 18.396643, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 27.409193, "energy": 16.377289, "activity_lines": [ 17.670667, 17.894364, 18.043, 17.454903 ] }, { "date": "2024-08-16", "close": 19.57, "volume": 957321, "typical_volume": 1089583.6, "trend": 16.735, "fair_value": 10.331763, "relative_strength": 16.305627, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 45.95067, "energy": 21.350725, "activity_lines": [ 18.293333, 18.181455, 18.204095, 17.648903 ] }, { "date": "2024-08-23", "close": 18.57, "volume": 725985, "typical_volume": 986374.85, "trend": 16.838333, "fair_value": 10.417532, "relative_strength": 8.598479, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 34.623959, "energy": 20.796853, "activity_lines": [ 18.530667, 18.239091, 18.248667, 17.76729 ] }, { "date": "2024-08-30", "close": 19.4, "volume": 559845, "typical_volume": 949317.55, "trend": 16.986667, "fair_value": 10.509327, "relative_strength": 12.683596, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 56.366178, "energy": 41.539862, "activity_lines": [ 18.948667, 18.454, 18.37219, 17.932559 ] }, { "date": "2024-09-06", "close": 20.18, "volume": 753292, "typical_volume": 909817.3, "trend": 17.208, "fair_value": 10.606635, "relative_strength": 21.313471, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 62.633213, "energy": 55.60952, "activity_lines": [ 19.496, 18.793273, 18.558095, 18.138581 ] }, { "date": "2024-09-13", "close": 21.16, "volume": 564202, "typical_volume": 879734.55, "trend": 17.464, "fair_value": 10.709135, "relative_strength": 21.402272, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 72.13451, "energy": 64.332679, "activity_lines": [ 20.095333, 19.288909, 18.81719, 18.393548 ] }, { "date": "2024-09-20", "close": 20.47, "volume": 857314, "typical_volume": 855712.75, "trend": 17.666667, "fair_value": 10.810417, "relative_strength": 15.063232, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 62.107942, "energy": 60.70516, "activity_lines": [ 20.326667, 19.603636, 18.989857, 18.587484 ] }, { "date": "2024-09-27", "close": 18.88, "volume": 1296742, "typical_volume": 857091.2, "trend": 17.851, "fair_value": 10.899199, "relative_strength": 4.953937, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 55.79952, "energy": 41.849098, "activity_lines": [ 19.968, 19.598727, 19.005048, 18.665763 ] }, { "date": "2024-10-04", "close": 19.57, "volume": 533886, "typical_volume": 839912.35, "trend": 18.099333, "fair_value": 10.991827, "relative_strength": 7.925036, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 51.869684, "energy": 30.835531, "activity_lines": [ 19.818667, 19.687455, 19.084952, 18.776667 ] }, { "date": "2024-10-11", "close": 20.82, "volume": 777669, "typical_volume": 814359.4, "trend": 18.366333, "fair_value": 11.090481, "relative_strength": 12.939869, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 58.981794, "energy": 30.882443, "activity_lines": [ 20.074667, 19.964727, 19.280524, 18.952194 ] }, { "date": "2024-10-18", "close": 20.97, "volume": 634722, "typical_volume": 789165.4, "trend": 18.572, "fair_value": 11.187788, "relative_strength": 12.414516, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 58.834236, "energy": 31.524496, "activity_lines": [ 20.338, 20.182727, 19.476857, 19.120172 ] }, { "date": "2024-10-25", "close": 22.25, "volume": 627731, "typical_volume": 762897.85, "trend": 18.810333, "fair_value": 11.296378, "relative_strength": 19.63309, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 68.650849, "energy": 49.138522, "activity_lines": [ 21.040667, 20.599273, 19.788762, 19.357462 ] }, { "date": "2024-11-01", "close": 22.42, "volume": 720520, "typical_volume": 737297.6, "trend": 18.939333, "fair_value": 11.406699, "relative_strength": 21.170532, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.990459, "energy": 63.026422, "activity_lines": [ 21.681333, 20.998, 20.091619, 19.590344 ] }, { "date": "2024-11-08", "close": 23.17, "volume": 1320441, "typical_volume": 773388.95, "trend": 19.148333, "fair_value": 11.520673, "relative_strength": 18.471606, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 72.959736, "energy": 73.529124, "activity_lines": [ 22.336, 21.463091, 20.449238, 19.86329 ] }, { "date": "2024-11-15", "close": 27.42, "volume": 1712910, "typical_volume": 817244.1, "trend": 19.530667, "fair_value": 11.665417, "relative_strength": 41.244842, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 90.446277, "energy": 85.788652, "activity_lines": [ 24.167333, 22.632364, 21.189095, 20.396946 ] }, { "date": "2024-11-22", "close": 29.78, "volume": 2538402, "typical_volume": 921506.55, "trend": 19.963, "fair_value": 11.828558, "relative_strength": 49.207986, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 92.941194, "energy": 94.649834, "activity_lines": [ 26.345333, 24.099091, 22.113524, 21.058194 ] }, { "date": "2024-11-29", "close": 29.72, "volume": 1131500, "typical_volume": 950573.4, "trend": 20.313667, "fair_value": 11.990096, "relative_strength": 45.513838, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 84.788194, "energy": 93.473198, "activity_lines": [ 27.916, 25.398182, 22.976667, 21.687677 ] }, { "date": "2024-12-06", "close": 28.18, "volume": 1475607, "typical_volume": 987723.9, "trend": 20.630667, "fair_value": 12.140994, "relative_strength": 35.556634, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.906064, "energy": 87.573448, "activity_lines": [ 28.475333, 26.249091, 23.641095, 22.195183 ] }, { "date": "2024-12-13", "close": 29.65, "volume": 1441364, "typical_volume": 1032071.1, "trend": 20.990333, "fair_value": 12.301763, "relative_strength": 42.217811, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 72.380276, "energy": 87.918664, "activity_lines": [ 29.140667, 27.198182, 24.392905, 22.777075 ] }, { "date": "2024-12-20", "close": 27.75, "volume": 1802296, "typical_volume": 1092771.8, "trend": 21.316, "fair_value": 12.450737, "relative_strength": 34.499313, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.635021, "energy": 60.671289, "activity_lines": [ 28.740667, 27.618545, 24.905619, 23.213183 ] }, { "date": "2024-12-27", "close": 29.78, "volume": 509025, "typical_volume": 1047038.7, "trend": 21.654, "fair_value": 12.613173, "relative_strength": 42.001841, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 70.171097, "energy": 59.470343, "activity_lines": [ 28.995333, 28.282, 25.556, 23.759247 ] }, { "date": "2025-01-03", "close": 32.7, "volume": 1633323, "typical_volume": 1080838.8, "trend": 22.179, "fair_value": 12.794519, "relative_strength": 54.690609, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 81.154151, "energy": 64.141109, "activity_lines": [ 30.223333, 29.316182, 26.433571, 24.471892 ] }, { "date": "2025-01-10", "close": 31.95, "volume": 1801991, "typical_volume": 1134639.1, "trend": 22.613333, "fair_value": 12.969199, "relative_strength": 52.125781, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 70.774688, "energy": 60.077995, "activity_lines": [ 31.002667, 30.024, 27.17719, 25.10228 ] }, { "date": "2025-01-17", "close": 28.28, "volume": 1723100, "typical_volume": 1192801.85, "trend": 22.941333, "fair_value": 13.12266, "relative_strength": 29.624475, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.627467, "energy": 50.816175, "activity_lines": [ 30.307333, 29.891273, 27.507571, 25.467871 ] }, { "date": "2025-01-24", "close": 28.52, "volume": 1448320, "typical_volume": 1227553.25, "trend": 23.259333, "fair_value": 13.275288, "relative_strength": 27.498947, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 57.711498, "energy": 43.871265, "activity_lines": [ 29.783333, 29.709273, 27.818524, 25.827785 ] }, { "date": "2025-01-31", "close": 28.24, "volume": 1802259, "typical_volume": 1289456.1, "trend": 23.597, "fair_value": 13.426122, "relative_strength": 26.460254, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 42.729663, "energy": 28.273433, "activity_lines": [ 29.114667, 29.456364, 28.063095, 26.149118 ] }, { "date": "2025-02-07", "close": 26.46, "volume": 1313393, "typical_volume": 1312260.05, "trend": 23.852667, "fair_value": 13.564583, "relative_strength": 17.678985, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 33.476204, "energy": 22.46005, "activity_lines": [ 27.955333, 28.907818, 28.104429, 26.333828 ] }, { "date": "2025-02-14", "close": 27.27, "volume": 2290186, "typical_volume": 1361932.25, "trend": 24.190667, "fair_value": 13.705673, "relative_strength": 18.446405, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 29.267538, "energy": 21.307798, "activity_lines": [ 27.482, 28.565818, 28.194381, 26.554301 ] }, { "date": "2025-02-21", "close": 27.42, "volume": 1231619, "typical_volume": 1396818.9, "trend": 24.523333, "fair_value": 13.844583, "relative_strength": 19.99618, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 25.98677, "energy": 18.827229, "activity_lines": [ 27.370667, 28.267636, 28.258667, 26.762645 ] }, { "date": "2025-02-28", "close": 25.41, "volume": 1804113, "typical_volume": 1448141.1, "trend": 24.835, "fair_value": 13.966571, "relative_strength": 11.355863, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 3.048448, "energy": 12.278339, "activity_lines": [ 26.646667, 27.644545, 28.094143, 26.819849 ] }, { "date": "2025-03-07", "close": 25.09, "volume": 1731124, "typical_volume": 1502961.2, "trend": 25.035, "fair_value": 14.086506, "relative_strength": 12.338407, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 1.273279, "energy": 12.486731, "activity_lines": [ 26.023333, 27.005818, 27.877286, 26.836301 ] }, { "date": "2025-03-14", "close": 27.33, "volume": 1400412, "typical_volume": 1541595.25, "trend": 25.293667, "fair_value": 14.224391, "relative_strength": 23.794561, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 8.677526, "energy": 12.327264, "activity_lines": [ 26.356667, 26.859636, 27.854143, 26.984366 ] }, { "date": "2025-03-21", "close": 27.56, "volume": 1505685, "typical_volume": 1580853.5, "trend": 25.593333, "fair_value": 14.358365, "relative_strength": 22.994957, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 9.60316, "energy": 10.75541, "activity_lines": [ 26.708667, 26.852909, 27.828714, 27.130581 ] }, { "date": "2025-03-28", "close": 27.27, "volume": 1111057, "typical_volume": 1570384.3, "trend": 25.855667, "fair_value": 14.487853, "relative_strength": 22.347938, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 20.941094, "energy": 10.396011, "activity_lines": [ 26.944667, 26.873273, 27.75119, 27.238753 ] }, { "date": "2025-04-04", "close": 23.53, "volume": 1179837, "typical_volume": 1543730.65, "trend": 25.967333, "fair_value": 14.592724, "relative_strength": 15.52191, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -25.654073, "energy": 14.881249, "activity_lines": [ 25.944, 26.232, 27.297952, 27.08871 ] }, { "date": "2025-04-11", "close": 25.39, "volume": 2259185, "typical_volume": 1529769.8, "trend": 26.108333, "fair_value": 14.707596, "relative_strength": 17.177315, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -22.665051, "energy": 15.748454, "activity_lines": [ 25.688667, 26.019636, 27.040381, 27.051462 ] }, { "date": "2025-04-18", "close": 27.4, "volume": 1545469, "typical_volume": 1550468.25, "trend": 26.339333, "fair_value": 14.84125, "relative_strength": 27.092304, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -14.861356, "energy": 11.813063, "activity_lines": [ 26.083333, 26.224545, 26.995143, 27.134796 ] }, { "date": "2025-04-25", "close": 26.15, "volume": 1181551, "typical_volume": 1535765.45, "trend": 26.581667, "fair_value": 14.967788, "relative_strength": 15.199817, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -16.896205, "energy": 15.168375, "activity_lines": [ 26.056667, 26.185091, 26.841905, 27.122581 ] }, { "date": "2025-05-02", "close": 25.53, "volume": 1009070, "typical_volume": 1514150.75, "trend": 26.780333, "fair_value": 15.093045, "relative_strength": 8.913128, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -19.341916, "energy": 11.421392, "activity_lines": [ 25.917333, 26.053273, 26.639286, 27.054731 ] }, { "date": "2025-05-09", "close": 27.9, "volume": 1158785, "typical_volume": 1481975.2, "trend": 27.016333, "fair_value": 15.232853, "relative_strength": 18.808407, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 2.966897, "energy": 5.026045, "activity_lines": [ 26.684, 26.386727, 26.682, 27.126968 ] }, { "date": "2025-05-16", "close": 30.71, "volume": 2094485, "typical_volume": 1561248.2, "trend": 27.341, "fair_value": 15.389776, "relative_strength": 23.313149, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 30.998116, "energy": 20.557298, "activity_lines": [ 28.096, 27.185818, 26.991619, 27.365269 ] }, { "date": "2025-05-23", "close": 31.0, "volume": 1870229, "typical_volume": 1573093.5, "trend": 27.632667, "fair_value": 15.545609, "relative_strength": 26.609318, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 25.675802, "energy": 34.277316, "activity_lines": [ 29.25, 27.935455, 27.324429, 27.601333 ] }, { "date": "2025-05-30", "close": 28.02, "volume": 1035862, "typical_volume": 1534787.05, "trend": 27.819333, "fair_value": 15.682917, "relative_strength": 11.942148, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 14.179153, "energy": 29.826926, "activity_lines": [ 29.170667, 28.076545, 27.381524, 27.626323 ] }, { "date": "2025-06-06", "close": 27.79, "volume": 1274123, "typical_volume": 1512338.2, "trend": 27.973333, "fair_value": 15.821699, "relative_strength": 8.516865, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 12.886017, "energy": 27.979888, "activity_lines": [ 28.89, 28.167455, 27.435429, 27.62443 ] }, { "date": "2025-06-13", "close": 27.93, "volume": 1304528, "typical_volume": 1505148.6, "trend": 27.990333, "fair_value": 15.968045, "relative_strength": 8.891875, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 10.924727, "energy": 12.181152, "activity_lines": [ 28.505333, 28.274364, 27.505, 27.621634 ] }, { "date": "2025-06-20", "close": 27.38, "volume": 1895657, "typical_volume": 1509818.5, "trend": 27.910333, "fair_value": 16.110673, "relative_strength": 6.359832, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -6.880808, "energy": 6.304945, "activity_lines": [ 27.935333, 28.201273, 27.525, 27.582258 ] }, { "date": "2025-06-27", "close": 27.29, "volume": 2470601, "typical_volume": 1567678.9, "trend": 27.829333, "fair_value": 16.252147, "relative_strength": 2.042659, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -12.44393, "energy": 9.516587, "activity_lines": [ 27.557333, 28.075636, 27.540524, 27.542237 ] }, { "date": "2025-07-04", "close": 27.09, "volume": 1584497, "typical_volume": 1532394.45, "trend": 27.793, "fair_value": 16.393494, "relative_strength": -0.844631, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -7.677305, "energy": 8.973729, "activity_lines": [ 27.36, 27.915636, 27.533048, 27.494538 ] }, { "date": "2025-07-11", "close": 24.74, "volume": 1989958, "typical_volume": 1570311.4, "trend": 27.629333, "fair_value": 16.521122, "relative_strength": -9.423668, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -44.14145, "energy": 27.589951, "activity_lines": [ 26.441333, 27.311273, 27.302619, 27.29757 ] }, { "date": "2025-07-18", "close": 26.0, "volume": 1570301, "typical_volume": 1558620.8, "trend": 27.571, "fair_value": 16.657596, "relative_strength": -5.818132, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -44.229091, "energy": 37.049913, "activity_lines": [ 26.146, 26.950364, 27.204952, 27.192452 ] }, { "date": "2025-07-25", "close": 27.68, "volume": 1635552, "typical_volume": 1553842.2, "trend": 27.501, "fair_value": 16.796699, "relative_strength": -1.704191, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -35.548703, "energy": 26.737955, "activity_lines": [ 26.539333, 26.929455, 27.264476, 27.199484 ] }, { "date": "2025-08-01", "close": 28.3, "volume": 1766210, "typical_volume": 1572132.1, "trend": 27.354333, "fair_value": 16.940417, "relative_strength": 2.315541, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 2.013055, "energy": 5.739564, "activity_lines": [ 27.119333, 27.076364, 27.370714, 27.251032 ] }, { "date": "2025-08-08", "close": 28.4, "volume": 1571777, "typical_volume": 1575436.7, "trend": 27.236, "fair_value": 17.080417, "relative_strength": -0.172762, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 36.027718, "energy": 17.820876, "activity_lines": [ 27.665333, 27.290545, 27.481857, 27.318495 ] }, { "date": "2025-08-15", "close": 28.03, "volume": 1434459, "typical_volume": 1591606.8, "trend": 27.227667, "fair_value": 17.219135, "relative_strength": -2.75937, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 35.516961, "energy": 22.540776, "activity_lines": [ 28.000667, 27.430545, 27.553762, 27.36972 ] }, { "date": "2025-08-22", "close": 27.87, "volume": 2038250, "typical_volume": 1634527.45, "trend": 27.206, "fair_value": 17.351955, "relative_strength": -3.99614, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 36.696361, "energy": 22.711702, "activity_lines": [ 28.063333, 27.537091, 27.60681, 27.411161 ] }, { "date": "2025-08-29", "close": 27.16, "volume": 2992549, "typical_volume": 1671195.65, "trend": 27.17, "fair_value": 17.481827, "relative_strength": -6.693784, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 31.765104, "energy": 18.257387, "activity_lines": [ 27.764667, 27.515636, 27.571571, 27.408194 ] }, { "date": "2025-09-05", "close": 26.44, "volume": 2079784, "typical_volume": 1697911.4, "trend": 27.169333, "fair_value": 17.60234, "relative_strength": -9.591795, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 10.336614, "energy": 5.265396, "activity_lines": [ 27.260667, 27.367273, 27.459333, 27.361097 ] }, { "date": "2025-09-12", "close": 21.09, "volume": 4792363, "typical_volume": 1878452.0, "trend": 26.963333, "fair_value": 17.688558, "relative_strength": -28.818114, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -48.400157, "energy": 50.336266, "activity_lines": [ 25.097333, 26.261636, 26.842143, 26.968882 ] }, { "date": "2025-09-19", "close": 20.6, "volume": 4286805, "typical_volume": 2042338.75, "trend": 26.736, "fair_value": 17.774583, "relative_strength": -31.161556, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -79.214932, "energy": 76.59831, "activity_lines": [ 23.258, 25.176, 26.202381, 26.558344 ] }, { "date": "2025-09-26", "close": 21.9, "volume": 3351256, "typical_volume": 2151962.3, "trend": 26.619, "fair_value": 17.86766, "relative_strength": -26.59863, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.708126, "energy": 75.877767, "activity_lines": [ 22.347333, 24.402, 25.709905, 26.246344 ] }, { "date": "2025-10-03", "close": 21.17, "volume": 2761336, "typical_volume": 2185304.85, "trend": 26.488333, "fair_value": 17.950801, "relative_strength": -29.740951, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -70.12089, "energy": 79.404508, "activity_lines": [ 21.591333, 23.569818, 25.176476, 25.894796 ] }, { "date": "2025-10-10", "close": 22.35, "volume": 2320926, "typical_volume": 2207839.7, "trend": 26.322333, "fair_value": 18.045929, "relative_strength": -23.916495, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.101992, "energy": 72.560701, "activity_lines": [ 21.628, 23.070545, 24.800857, 25.627806 ] }, { "date": "2025-10-17", "close": 22.25, "volume": 2617729, "typical_volume": 2286933.05, "trend": 26.145333, "fair_value": 18.136635, "relative_strength": -25.4634, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.317248, "energy": 48.310203, "activity_lines": [ 21.904, 22.661273, 24.456905, 25.365075 ] }, { "date": "2025-10-24", "close": 22.48, "volume": 2254659, "typical_volume": 2335959.85, "trend": 25.985667, "fair_value": 18.226571, "relative_strength": -25.942272, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -56.743445, "energy": 40.858839, "activity_lines": [ 22.179333, 22.405636, 24.162333, 25.128602 ] }, { "date": "2025-10-31", "close": 31.13, "volume": 5367952, "typical_volume": 2539131.05, "trend": 26.239, "fair_value": 18.366058, "relative_strength": 1.573605, "stage": 3, "regime": "rotation_up", "modifier": "Structural repair", "gate": "down", "direction": -2.185132, "energy": 11.308469, "activity_lines": [ 25.212667, 23.823636, 24.716857, 25.460495 ] }, { "date": "2025-11-07", "close": 28.63, "volume": 2865982, "typical_volume": 2587647.3, "trend": 26.347, "fair_value": 18.49516, "relative_strength": -5.180288, "stage": 3, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 12.611131, "energy": 22.752608, "activity_lines": [ 26.797333, 24.727818, 25.018048, 25.614753 ] }, { "date": "2025-11-14", "close": 30.52, "volume": 1624274, "typical_volume": 2545330.95, "trend": 26.451, "fair_value": 18.635096, "relative_strength": 1.019282, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 32.430474, "energy": 37.20907, "activity_lines": [ 28.514667, 25.948909, 25.493286, 25.883978 ] }, { "date": "2025-11-21", "close": 29.42, "volume": 899491, "typical_volume": 2511080.65, "trend": 26.56, "fair_value": 18.765128, "relative_strength": -0.461312, "stage": 3, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 24.782179, "energy": 37.5727, "activity_lines": [ 29.320667, 26.895818, 25.848381, 26.075527 ] }, { "date": "2025-11-28", "close": 31.3, "volume": 663789, "typical_volume": 2444772.2, "trend": 26.752333, "fair_value": 18.903077, "relative_strength": 2.305278, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 32.512898, "energy": 55.964893, "activity_lines": [ 30.275333, 28.033091, 26.371429, 26.381333 ] }, { "date": "2025-12-05", "close": 31.32, "volume": 952755, "typical_volume": 2413894.9, "trend": 26.866333, "fair_value": 19.049231, "relative_strength": 2.08199, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 40.604291, "energy": 56.466784, "activity_lines": [ 30.648667, 28.979455, 26.865143, 26.676022 ] }, { "date": "2025-12-12", "close": 31.81, "volume": 694761, "typical_volume": 2366855.35, "trend": 26.903, "fair_value": 19.194551, "relative_strength": 4.411693, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 68.356121, "energy": 64.660037, "activity_lines": [ 31.172667, 29.843636, 27.38019, 26.994968 ] }, { "date": "2025-12-19", "close": 31.53, "volume": 643728, "typical_volume": 2310731.25, "trend": 26.920667, "fair_value": 19.326987, "relative_strength": 3.419475, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.740792, "energy": 59.406719, "activity_lines": [ 31.391333, 30.463455, 27.848905, 27.293484 ] }, { "date": "2025-12-26", "close": 31.08, "volume": 510358, "typical_volume": 2257660.3, "trend": 27.022667, "fair_value": 19.450577, "relative_strength": 0.750778, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 61.523213, "energy": 52.098667, "activity_lines": [ 31.392667, 30.834545, 28.259381, 27.561828 ] }, { "date": "2026-01-02", "close": 30.8, "volume": 839138, "typical_volume": 2227894.25, "trend": 27.123, "fair_value": 19.570321, "relative_strength": 1.35785, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 58.455793, "energy": 41.642504, "activity_lines": [ 31.19, 30.994182, 28.630429, 27.805527 ] }, { "date": "2026-01-09", "close": 29.85, "volume": 1122991, "typical_volume": 2182131.3, "trend": 27.187, "fair_value": 19.685256, "relative_strength": -2.778264, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 44.724582, "energy": 30.600998, "activity_lines": [ 30.704, 30.829818, 28.89781, 27.981462 ] }, { "date": "2026-01-16", "close": 28.88, "volume": 1013074, "typical_volume": 2083157.55, "trend": 27.237, "fair_value": 19.803526, "relative_strength": -5.357864, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 38.869902, "energy": 22.078862, "activity_lines": [ 29.992667, 30.512364, 29.063381, 28.090688 ] }, { "date": "2026-01-23", "close": 31.01, "volume": 893330, "typical_volume": 2023834.85, "trend": 27.361, "fair_value": 19.931346, "relative_strength": 2.090401, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 41.061319, "energy": 21.674165, "activity_lines": [ 30.186667, 30.577636, 29.423619, 28.334108 ] }, { "date": "2026-01-30", "close": 31.89, "volume": 1353933, "typical_volume": 1851913.35, "trend": 27.521, "fair_value": 20.068654, "relative_strength": 4.635167, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 50.356088, "energy": 28.920217, "activity_lines": [ 30.708667, 30.794, 29.845905, 28.626301 ] }, { "date": "2026-02-06", "close": 29.42, "volume": 1264584, "typical_volume": 1700802.3, "trend": 27.677, "fair_value": 20.185, "relative_strength": -3.197692, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 38.373665, "energy": 23.172407, "activity_lines": [ 30.353333, 30.516364, 29.981524, 28.748817 ] }, { "date": "2026-02-13", "close": 29.43, "volume": 1172439, "typical_volume": 1591861.45, "trend": 27.791333, "fair_value": 20.301346, "relative_strength": -1.815557, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 37.07008, "energy": 23.004878, "activity_lines": [ 30.093333, 30.274727, 30.076095, 28.861914 ] }, { "date": "2026-02-20", "close": 30.51, "volume": 533607, "typical_volume": 1480475.0, "trend": 27.885667, "fair_value": 20.423333, "relative_strength": 0.741166, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 39.495296, "energy": 21.953147, "activity_lines": [ 30.221333, 30.263818, 30.237667, 29.037312 ] }, { "date": "2026-02-27", "close": 29.62, "volume": 1075764, "typical_volume": 1418216.9, "trend": 27.929667, "fair_value": 20.544679, "relative_strength": -1.703339, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 23.644871, "energy": 13.99023, "activity_lines": [ 29.944, 30.114727, 30.27, 29.149204 ] }, { "date": "2026-03-06", "close": 29.04, "volume": 1386470, "typical_volume": 1356653.95, "trend": 27.951, "fair_value": 20.667628, "relative_strength": -1.639285, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 16.635333, "energy": 11.499378, "activity_lines": [ 29.566, 29.894909, 30.212476, 29.220839 ] }, { "date": "2026-03-13", "close": 30.77, "volume": 1575914, "typical_volume": 1322716.7, "trend": 28.042333, "fair_value": 20.809423, "relative_strength": 5.931958, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 25.356074, "energy": 12.961045, "activity_lines": [ 29.954667, 30.026727, 30.287381, 29.40271 ] }, { "date": "2026-03-20", "close": 32.5, "volume": 1240625, "typical_volume": 1116350.35, "trend": 28.196667, "fair_value": 20.959231, "relative_strength": 13.90504, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 49.406556, "energy": 25.739261, "activity_lines": [ 30.83, 30.473636, 30.487571, 29.690301 ] }, { "date": "2026-03-27", "close": 34.37, "volume": 2702445, "typical_volume": 1108173.5, "trend": 28.437, "fair_value": 21.11391, "relative_strength": 22.964427, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 69.539768, "energy": 52.216189, "activity_lines": [ 32.124, 31.212364, 30.859333, 30.088581 ] }, { "date": "2026-04-03", "close": 35.32, "volume": 1953670, "typical_volume": 1124643.3, "trend": 28.733, "fair_value": 21.276923, "relative_strength": 21.81554, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 71.780018, "energy": 68.685711, "activity_lines": [ 33.477333, 32.024, 31.294238, 30.532645 ] }, { "date": "2026-04-10", "close": 33.03, "volume": 1488843, "typical_volume": 1154110.9, "trend": 29.131, "fair_value": 21.416026, "relative_strength": 9.931151, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 57.646432, "energy": 63.288755, "activity_lines": [ 33.687333, 32.340909, 31.48819, 30.809871 ] }, { "date": "2026-04-17", "close": 30.59, "volume": 2063445, "typical_volume": 1224093.7, "trend": 29.464, "fair_value": 21.54641, "relative_strength": -2.181013, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 50.583099, "energy": 42.897323, "activity_lines": [ 32.818, 32.193455, 31.432571, 30.904 ] }, { "date": "2026-04-24", "close": 30.27, "volume": 987237, "typical_volume": 1225817.8, "trend": 29.743, "fair_value": 21.6675, "relative_strength": -3.481921, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 29.453571, "energy": 17.715346, "activity_lines": [ 31.854, 31.966545, 31.349857, 30.956 ] }, { "date": "2026-05-01", "close": 29.27, "volume": 1427305, "typical_volume": 1262445.0, "trend": 30.013, "fair_value": 21.779808, "relative_strength": -7.338848, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 11.515581, "energy": 13.814931, "activity_lines": [ 30.705333, 31.542545, 31.176905, 30.925484 ] }, { "date": "2026-05-08", "close": 29.35, "volume": 2665544, "typical_volume": 1363535.8, "trend": 30.246333, "fair_value": 21.883846, "relative_strength": -8.814549, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -7.929012, "energy": 18.654337, "activity_lines": [ 29.923333, 31.155636, 31.023667, 30.88271 ] }, { "date": "2026-05-15", "close": 29.42, "volume": 1082552, "typical_volume": 1392145.5, "trend": 30.485333, "fair_value": 21.992115, "relative_strength": -8.284531, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -17.998736, "energy": 22.8405, "activity_lines": [ 29.562667, 30.786364, 30.887476, 30.829398 ] }, { "date": "2026-05-22", "close": 29.07, "volume": 2909260, "typical_volume": 1495651.6, "trend": 30.705, "fair_value": 22.099615, "relative_strength": -9.554471, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -30.191156, "energy": 33.357208, "activity_lines": [ 29.326, 30.346545, 30.725857, 30.738086 ] }, { "date": "2026-05-29", "close": 31.08, "volume": 2113005, "typical_volume": 1545152.3, "trend": 30.703333, "fair_value": 22.217051, "relative_strength": -4.387775, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -9.991736, "energy": 13.94632, "activity_lines": [ 29.860667, 30.303091, 30.763905, 30.76228 ] }, { "date": "2026-06-05", "close": 29.51, "volume": 912061, "typical_volume": 1540101.65, "trend": 30.732667, "fair_value": 22.324808, "relative_strength": -6.598978, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -50.750122, "energy": 25.15333, "activity_lines": [ 29.818, 30.0, 30.646571, 30.68529 ] }, { "date": "2026-06-12", "close": 33.06, "volume": 2422900, "typical_volume": 1616580.15, "trend": 30.817333, "fair_value": 22.451346, "relative_strength": 4.173132, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 21.975994, "energy": 11.712245, "activity_lines": [ 30.942667, 30.430727, 30.864333, 30.835441 ] }, { "date": "2026-06-19", "close": 31.6, "volume": 1322554, "typical_volume": 1615011.2, "trend": 30.89, "fair_value": 22.569359, "relative_strength": -1.155256, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 5.962289, "energy": 10.99346, "activity_lines": [ 31.333333, 30.637091, 30.933286, 30.885935 ] }, { "date": "2026-06-26", "close": 29.75, "volume": 1258824, "typical_volume": 1614723.2, "trend": 30.838333, "fair_value": 22.671731, "relative_strength": -4.501997, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -5.109035, "energy": 6.849914, "activity_lines": [ 30.962, 30.533091, 30.827429, 30.812387 ] }, { "date": "2026-07-03", "close": 28.4, "volume": 1215017, "typical_volume": 1616852.1, "trend": 30.741, "fair_value": 22.765705, "relative_strength": -10.540137, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -51.923522, "energy": 20.951026, "activity_lines": [ 30.095333, 30.198909, 30.591429, 30.655075 ] }, { "date": "2026-07-10", "close": 30.69, "volume": 1171653, "typical_volume": 1648754.4, "trend": 30.703667, "fair_value": 22.880192, "relative_strength": -4.652243, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -39.865196, "energy": 19.410035, "activity_lines": [ 30.170667, 30.315091, 30.578429, 30.651785 ] }, { "date": "2026-07-17", "close": 29.75, "volume": 1207787, "typical_volume": 1655355.55, "trend": 30.644333, "fair_value": 22.983077, "relative_strength": -6.043811, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -43.850478, "energy": 27.023993, "activity_lines": [ 29.854, 30.234545, 30.475048, 30.590258 ] }, { "date": "2026-07-24", "close": 30.48, "volume": 736051, "typical_volume": 1622834.6, "trend": 30.624333, "fair_value": 23.098654, "relative_strength": -3.053133, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -42.269101, "energy": 24.736523, "activity_lines": [ 30.001333, 30.279455, 30.440571, 30.579656 ] }, { "date": "2026-07-31", "close": 31.83, "volume": 691027, "typical_volume": 1578590.25, "trend": 30.658667, "fair_value": 23.228718, "relative_strength": 0.297759, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 9.741891, "energy": 6.256225, "activity_lines": [ 30.673333, 30.550545, 30.52781, 30.657441 ] }, { "date": "2026-08-07", "close": 28.79, "volume": 1296375, "typical_volume": 1581377.75, "trend": 30.623333, "fair_value": 23.334744, "relative_strength": -12.046882, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -51.230336, "energy": 20.285735, "activity_lines": [ 30.193333, 30.218727, 30.320476, 30.536882 ] } ], "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." } } }