{ "ticker": { "uuid": "26dd0282-a431-4ec3-a3ef-ec1aef97f1bf", "symbol": "AKE", "name": "Arkema S.A.", "exchange": "VIE", "country": "AT", "assetType": "equity" }, "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.", "analysis": { "eligible": true, "as_of": "2026-08-07", "benchmark": "^ATX", "stage": 1, "stage_name": "Basing", "phase": "1c", "phase_label": "Stage 1C \u00b7 Breakout watch", "transition": "stage_1_to_2_watch", "transition_label": "Stage 1 \u2192 2 watch", "confidence": 96.0, "architecture_regime": "deceleration", "architecture_regime_label": "Deceleration", "architecture_modifier": "Recompressing", "architecture_gate": "up", "architecture_direction": 60.375, "architecture_energy": 38.01, "architecture_maturity": 26.06, "architecture_confidence": 52.395, "architecture_tenure": "Developing", "architecture": { "interpretation": { "headline": "The upward structure remains, but its energy is decelerating.", "body": "Trend remains positive, but Activity or price acceptance is losing strength. This can become a healthy recompression, a re-acceleration, or a Rotation Down." }, "scores": { "balance": 35.68, "rotation_up": 59.82, "upward_expansion": 65.5, "deceleration": 61.38, "rotation_down": 15.06, "downward_expansion": 13.5 }, "activity_lines": [ 58.633333, 57.593636, 57.891286, 57.266514 ], "activity_state": "Compressed", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": 0.0 }, "latest_close": 62.049999, "trend_reference": 56.048724, "distance_from_trend": 0.107072, "trend_direction": "Improving", "fair_value": 66.830457, "distance_from_fair_value": -0.071531, "fair_value_direction": "Improving", "relative_strength": -6.107325, "relative_strength_direction": "Improving", "price_momentum": 0.139853, "excess_performance": -0.034394, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.107072, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.054234, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.071531, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": true, "value": 0.061602, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.061073, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.017514, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.139853, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 61.611111, "read": "Demand-led" } ], "volume": { "latest": 98, "relative_activity": 0.973188, "balance": 61.611111, "dry_up": 2.60427, "accumulation_observations": 2, "distribution_observations": 0 }, "risk": { "range_context": 0.042348, "annualized_volatility": 0.386348, "from_high_reference": -0.010128, "from_low_reference": 0.352229 }, "levels": { "trend_reference": 56.048724, "fair_value_reference": 66.830457, "structural_low": 45.887201, "invalidation": "A renewed decline below the structural range low, widening the discount to current Fair Value while Trend falls, weakens the base diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 12, "median_return": 0.001947, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": -0.022882, "regime_survival": 0.75, "best_return": 0.0672, "worst_return": -0.086457, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 3, "median_return": 0.002106, "positive_rate": 0.666667, "directional_follow_through": 0.666667, "median_excess_return": -0.04278, "regime_survival": 0.0, "best_return": 0.100897, "worst_return": -0.059771, "sufficient": false }, { "horizon": "Extended", "sample_count": 3, "median_return": 0.033376, "positive_rate": 0.666667, "directional_follow_through": 0.666667, "median_excess_return": -0.082673, "regime_survival": 0.666667, "best_return": 0.072305, "worst_return": -0.060864, "sufficient": false }, { "horizon": "Full cycle", "sample_count": 2, "median_return": -0.057391, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": -0.198756, "regime_survival": 0.5, "best_return": 0.108094, "worst_return": -0.222877, "sufficient": false } ], "ledger": [ { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2023-09-22", "end": "2023-12-15", "tenure": "Established", "return": 0.080981, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2023-12-22", "end": "2024-02-23", "tenure": "Developing", "return": -0.01173, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-03-01", "end": "2024-05-24", "tenure": "Established", "return": 0.010257, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-05-31", "end": "2024-06-14", "tenure": "New", "return": -0.041215, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2024-06-21", "end": "2024-10-18", "tenure": "Established", "return": -0.022003, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-10-25", "end": "2024-11-15", "tenure": "New", "return": -0.03633, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2024-11-22", "end": "2025-02-14", "tenure": "Established", "return": 0.131225, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-02-21", "end": "2025-03-21", "tenure": "Developing", "return": -0.077811, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-03-28", "end": "2025-03-28", "tenure": "New", "return": 0.0, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-04-04", "end": "2026-01-30", "tenure": "Extended", "return": -0.13373, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2026-02-06", "end": "2026-03-20", "tenure": "Developing", "return": -0.116883, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-03-27", "end": "2026-04-10", "tenure": "New", "return": 0.059075, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-04-17", "end": "2026-06-26", "tenure": "Developing", "return": -0.045139, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-07-03", "end": "2026-08-07", "tenure": "Developing", "return": 0.100177, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 82.350182, "volume": 0, "typical_volume": 0.0, "trend": 75.913014, "fair_value": 80.705104, "relative_strength": 13.99582, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 68.296785, "energy": 88.485649, "activity_lines": [ 82.581511, 79.73604, 76.786221, 76.151471 ] }, { "date": "2023-08-25", "close": 81.164917, "volume": 0, "typical_volume": 0.0, "trend": 76.075916, "fair_value": 80.70809, "relative_strength": 12.814883, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.459311, "energy": 85.893813, "activity_lines": [ 82.365071, 80.47281, 77.342325, 76.490304 ] }, { "date": "2023-09-01", "close": 83.84465, "volume": 0, "typical_volume": 0.0, "trend": 76.305563, "fair_value": 80.728326, "relative_strength": 13.666763, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 76.258668, "energy": 80.527749, "activity_lines": [ 82.785354, 81.540955, 78.121402, 76.991513 ] }, { "date": "2023-09-08", "close": 80.683937, "volume": 0, "typical_volume": 0.0, "trend": 76.379189, "fair_value": 80.728041, "relative_strength": 10.176075, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 62.077484, "energy": 56.52707, "activity_lines": [ 82.012353, 81.750835, 78.554143, 77.273988 ] }, { "date": "2023-09-15", "close": 78.347771, "volume": 0, "typical_volume": 0.0, "trend": 76.477924, "fair_value": 80.733992, "relative_strength": 5.472989, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 46.257841, "energy": 37.894063, "activity_lines": [ 80.712571, 81.340756, 78.730665, 77.400994 ] }, { "date": "2023-09-22", "close": 78.485184, "volume": 0, "typical_volume": 0.0, "trend": 76.46449, "fair_value": 80.784338, "relative_strength": 6.260813, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 40.419066, "energy": 27.876821, "activity_lines": [ 79.781535, 80.874145, 78.897044, 77.530494 ] }, { "date": "2023-09-29", "close": 79.773514, "volume": 0, "typical_volume": 0.0, "trend": 76.378904, "fair_value": 80.840424, "relative_strength": 7.503096, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 34.705714, "energy": 29.994198, "activity_lines": [ 79.53761, 80.6221, 79.162235, 77.74398 ] }, { "date": "2023-10-06", "close": 77.660652, "volume": 0, "typical_volume": 0.0, "trend": 76.331928, "fair_value": 80.857684, "relative_strength": 6.046483, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 25.380939, "energy": 29.529095, "activity_lines": [ 78.682156, 79.941235, 79.196182, 77.826673 ] }, { "date": "2023-10-13", "close": 76.578453, "volume": 104, "typical_volume": 5.2, "trend": 76.394815, "fair_value": 80.87677, "relative_strength": 3.507966, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 4.077754, "energy": 20.884199, "activity_lines": [ 77.878237, 79.13794, 79.113319, 77.842578 ] }, { "date": "2023-10-20", "close": 75.839813, "volume": 0, "typical_volume": 5.2, "trend": 76.442993, "fair_value": 80.911669, "relative_strength": 6.170207, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -12.265587, "energy": 27.311312, "activity_lines": [ 77.101803, 78.343704, 78.951194, 77.806771 ] }, { "date": "2023-10-27", "close": 75.839813, "volume": 0, "typical_volume": 5.2, "trend": 76.491172, "fair_value": 80.975174, "relative_strength": 6.440489, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": -15.426894, "energy": 40.579463, "activity_lines": [ 76.492566, 77.683141, 78.763057, 77.767857 ] }, { "date": "2023-11-03", "close": 77.609123, "volume": 0, "typical_volume": 5.2, "trend": 76.598328, "fair_value": 81.032193, "relative_strength": 3.095426, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": -5.22213, "energy": 36.206409, "activity_lines": [ 76.649458, 77.462641, 78.728947, 77.839982 ] }, { "date": "2023-11-10", "close": 74.156387, "volume": 0, "typical_volume": 5.2, "trend": 76.592594, "fair_value": 81.056301, "relative_strength": -1.965077, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -44.005593, "energy": 61.651911, "activity_lines": [ 75.79973, 76.679022, 78.34212, 77.682438 ] }, { "date": "2023-11-17", "close": 79.498672, "volume": 108, "typical_volume": 10.6, "trend": 76.789169, "fair_value": 81.102869, "relative_strength": 2.656016, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 13.793583, "energy": 16.287498, "activity_lines": [ 76.964381, 77.042878, 78.435943, 77.869927 ] }, { "date": "2023-11-24", "close": 78.519547, "volume": 108, "typical_volume": 16.0, "trend": 76.957511, "fair_value": 81.115361, "relative_strength": 1.82606, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 22.326887, "energy": 13.691575, "activity_lines": [ 77.607976, 77.250262, 78.391036, 77.981564 ] }, { "date": "2023-12-01", "close": 80.271667, "volume": 0, "typical_volume": 16.0, "trend": 77.184257, "fair_value": 81.154495, "relative_strength": 1.95345, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 46.468673, "energy": 27.420541, "activity_lines": [ 78.656962, 77.773089, 78.49083, 78.195381 ] }, { "date": "2023-12-08", "close": 79.292542, "volume": 0, "typical_volume": 16.0, "trend": 77.378366, "fair_value": 81.188158, "relative_strength": 0.40266, "stage": 3, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 42.466254, "energy": 34.92456, "activity_lines": [ 79.084117, 78.085413, 78.483714, 78.331399 ] }, { "date": "2023-12-15", "close": 84.840958, "volume": 0, "typical_volume": 16.0, "trend": 77.713905, "fair_value": 81.251043, "relative_strength": 5.65758, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 84.029128, "energy": 70.018765, "activity_lines": [ 81.248515, 79.415284, 78.995611, 78.812857 ] }, { "date": "2023-12-22", "close": 86.404129, "volume": 0, "typical_volume": 16.0, "trend": 78.10384, "fair_value": 81.325861, "relative_strength": 6.186562, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 90.022378, "energy": 86.972985, "activity_lines": [ 83.221666, 80.898817, 79.641658, 79.373516 ] }, { "date": "2023-12-29", "close": 88.508408, "volume": 0, "typical_volume": 16.0, "trend": 78.708211, "fair_value": 81.415881, "relative_strength": 7.636617, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 91.568623, "energy": 94.785543, "activity_lines": [ 85.435879, 82.586297, 80.478869, 80.044779 ] }, { "date": "2024-01-05", "close": 86.318245, "volume": 0, "typical_volume": 16.0, "trend": 79.15884, "fair_value": 81.496193, "relative_strength": 4.824915, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 69.945981, "energy": 88.799252, "activity_lines": [ 86.254113, 83.645228, 81.082177, 80.535749 ] }, { "date": "2024-01-12", "close": 83.999245, "volume": 0, "typical_volume": 16.0, "trend": 79.539042, "fair_value": 81.54784, "relative_strength": 2.754798, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 67.169547, "energy": 83.200951, "activity_lines": [ 85.896243, 84.092006, 81.445731, 80.848033 ] }, { "date": "2024-01-19", "close": 86.318245, "volume": 0, "typical_volume": 16.0, "trend": 80.141408, "fair_value": 81.619691, "relative_strength": 7.074519, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 68.719172, "energy": 67.12379, "activity_lines": [ 85.997592, 84.844236, 82.016647, 81.285401 ] }, { "date": "2024-01-26", "close": 87.391853, "volume": 0, "typical_volume": 16.0, "trend": 80.722876, "fair_value": 81.718166, "relative_strength": 4.694764, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 72.001502, "energy": 55.728934, "activity_lines": [ 86.358325, 85.570543, 82.678031, 81.753171 ] }, { "date": "2024-02-02", "close": 87.348907, "volume": 0, "typical_volume": 16.0, "trend": 81.17236, "fair_value": 81.83087, "relative_strength": 4.874802, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 69.236782, "energy": 53.777813, "activity_lines": [ 86.638894, 86.145529, 83.303383, 82.180657 ] }, { "date": "2024-02-09", "close": 84.755074, "volume": 0, "typical_volume": 16.0, "trend": 81.41743, "fair_value": 81.92453, "relative_strength": 4.037452, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 60.660021, "energy": 47.238687, "activity_lines": [ 86.132153, 86.088375, 83.638841, 82.4118 ] }, { "date": "2024-02-16", "close": 84.308449, "volume": 0, "typical_volume": 16.0, "trend": 81.650475, "fair_value": 82.009787, "relative_strength": 1.781095, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 48.43779, "energy": 39.891765, "activity_lines": [ 85.580748, 85.8685, 83.901906, 82.598317 ] }, { "date": "2024-02-23", "close": 85.39064, "volume": 0, "typical_volume": 16.0, "trend": 81.771864, "fair_value": 82.097045, "relative_strength": 3.55742, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 44.666342, "energy": 31.626838, "activity_lines": [ 85.369459, 85.754189, 84.246443, 82.839618 ] }, { "date": "2024-03-01", "close": 81.920738, "volume": 0, "typical_volume": 10.8, "trend": 81.687121, "fair_value": 82.13839, "relative_strength": -0.543975, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 23.550054, "energy": 21.239234, "activity_lines": [ 84.063377, 84.998992, 84.223702, 82.849223 ] }, { "date": "2024-03-08", "close": 81.920738, "volume": 0, "typical_volume": 10.8, "trend": 81.644748, "fair_value": 82.153597, "relative_strength": -0.644666, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 13.278895, "energy": 20.31223, "activity_lines": [ 83.122036, 84.325312, 84.175523, 82.864295 ] }, { "date": "2024-03-15", "close": 78.914627, "volume": 0, "typical_volume": 10.8, "trend": 81.53023, "fair_value": 82.145756, "relative_strength": -5.119819, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -22.48185, "energy": 34.12299, "activity_lines": [ 81.540535, 83.224841, 83.81209, 82.688158 ] }, { "date": "2024-03-22", "close": 81.697426, "volume": 0, "typical_volume": 10.8, "trend": 81.54798, "fair_value": 82.1414, "relative_strength": -4.185577, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -20.923859, "energy": 35.099728, "activity_lines": [ 81.275998, 82.764946, 83.699044, 82.698945 ] }, { "date": "2024-03-29", "close": 82.436073, "volume": 0, "typical_volume": 10.8, "trend": 81.501028, "fair_value": 82.140772, "relative_strength": -4.324511, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -19.986515, "energy": 37.102725, "activity_lines": [ 81.431744, 82.481201, 83.636878, 82.756242 ] }, { "date": "2024-04-05", "close": 86.575912, "volume": 0, "typical_volume": 5.4, "trend": 81.697427, "fair_value": 82.172221, "relative_strength": -0.466195, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 40.245149, "energy": 21.090114, "activity_lines": [ 83.164408, 83.020739, 83.929554, 83.083653 ] }, { "date": "2024-04-12", "close": 83.999245, "volume": 0, "typical_volume": 0.0, "trend": 81.885809, "fair_value": 82.182117, "relative_strength": -3.170509, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 30.089925, "energy": 21.237881, "activity_lines": [ 83.727838, 83.106628, 83.943132, 83.232158 ] }, { "date": "2024-04-19", "close": 83.054466, "volume": 0, "typical_volume": 0.0, "trend": 82.038119, "fair_value": 82.185201, "relative_strength": -3.842621, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 30.957451, "energy": 24.15891, "activity_lines": [ 83.837775, 83.081641, 83.840638, 83.307555 ] }, { "date": "2024-04-26", "close": 82.238525, "volume": 0, "typical_volume": 0.0, "trend": 82.120286, "fair_value": 82.188091, "relative_strength": -5.137377, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 22.103928, "energy": 19.248489, "activity_lines": [ 83.399741, 82.939222, 83.647184, 83.320485 ] }, { "date": "2024-05-03", "close": 84.858131, "volume": 0, "typical_volume": 0.0, "trend": 82.360202, "fair_value": 82.185865, "relative_strength": -3.339052, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 39.639758, "energy": 18.953341, "activity_lines": [ 83.798837, 83.310729, 83.689187, 83.49712 ] }, { "date": "2024-05-10", "close": 85.588196, "volume": 0, "typical_volume": 0.0, "trend": 82.660526, "fair_value": 82.189327, "relative_strength": -5.042125, "stage": 3, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 55.703557, "energy": 26.584155, "activity_lines": [ 84.279817, 83.824658, 83.800639, 83.705377 ] }, { "date": "2024-05-17", "close": 85.031487, "volume": 0, "typical_volume": 0.0, "trend": 82.966916, "fair_value": 82.18922, "relative_strength": -7.196432, "stage": 3, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 50.126161, "energy": 28.414942, "activity_lines": [ 84.641075, 84.170686, 83.862956, 83.858343 ] }, { "date": "2024-05-24", "close": 82.761017, "volume": 0, "typical_volume": 0.0, "trend": 83.197622, "fair_value": 82.155612, "relative_strength": -9.444178, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 23.838542, "energy": 17.124141, "activity_lines": [ 84.176694, 84.047342, 83.725595, 83.845059 ] }, { "date": "2024-05-31", "close": 82.093224, "volume": 0, "typical_volume": 0.0, "trend": 83.347092, "fair_value": 82.117981, "relative_strength": -8.731969, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 4.651413, "energy": 3.449534, "activity_lines": [ 83.509278, 83.732647, 83.541573, 83.773807 ] }, { "date": "2024-06-07", "close": 80.312462, "volume": 0, "typical_volume": 0.0, "trend": 83.552295, "fair_value": 82.073315, "relative_strength": -9.910605, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -35.236449, "energy": 37.725561, "activity_lines": [ 82.257962, 83.08698, 83.197032, 83.578025 ] }, { "date": "2024-06-14", "close": 78.709778, "volume": 0, "typical_volume": 0.0, "trend": 83.525998, "fair_value": 82.032808, "relative_strength": -8.567045, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -74.990786, "energy": 72.134819, "activity_lines": [ 80.775462, 82.188528, 82.728452, 83.265604 ] }, { "date": "2024-06-21", "close": 76.884491, "volume": 0, "typical_volume": 0.0, "trend": 83.471497, "fair_value": 81.978023, "relative_strength": -12.044423, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -82.277343, "energy": 83.314277, "activity_lines": [ 79.143095, 81.101226, 82.12738, 82.83712 ] }, { "date": "2024-06-28", "close": 73.501045, "volume": 0, "typical_volume": 0.0, "trend": 83.245809, "fair_value": 81.900777, "relative_strength": -16.211683, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -91.828622, "energy": 93.149105, "activity_lines": [ 76.926045, 79.528111, 81.253904, 82.193865 ] }, { "date": "2024-07-05", "close": 75.905075, "volume": 0, "typical_volume": 0.0, "trend": 83.132894, "fair_value": 81.835848, "relative_strength": -15.567291, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -71.026039, "energy": 88.269886, "activity_lines": [ 76.12767, 78.56579, 80.662975, 81.720269 ] }, { "date": "2024-07-12", "close": 74.079788, "volume": 0, "typical_volume": 0.0, "trend": 82.774188, "fair_value": 81.763342, "relative_strength": -17.252344, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -78.774536, "energy": 91.208478, "activity_lines": [ 75.133409, 77.386754, 79.938225, 81.136198 ] }, { "date": "2024-07-19", "close": 74.435936, "volume": 0, "typical_volume": 0.0, "trend": 82.375248, "fair_value": 81.709355, "relative_strength": -15.818434, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -70.738201, "energy": 85.166082, "activity_lines": [ 74.673376, 76.468441, 79.301255, 80.598246 ] }, { "date": "2024-07-26", "close": 74.614021, "volume": 0, "typical_volume": 0.0, "trend": 81.912102, "fair_value": 81.632285, "relative_strength": -15.269668, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.217454, "energy": 64.226242, "activity_lines": [ 74.557627, 75.785275, 78.716887, 80.097522 ] }, { "date": "2024-08-02", "close": 73.812675, "volume": 0, "typical_volume": 0.0, "trend": 81.49525, "fair_value": 81.543893, "relative_strength": -12.358877, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -70.095225, "energy": 61.171427, "activity_lines": [ 74.326128, 75.145819, 78.090994, 79.574978 ] }, { "date": "2024-08-09", "close": 70.384705, "volume": 0, "typical_volume": 0.0, "trend": 81.041432, "fair_value": 81.422702, "relative_strength": -16.788672, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -83.636885, "energy": 66.689406, "activity_lines": [ 72.931197, 74.045793, 77.162924, 78.858169 ] }, { "date": "2024-08-16", "close": 70.6073, "volume": 0, "typical_volume": 0.0, "trend": 80.517733, "fair_value": 81.33438, "relative_strength": -17.575533, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -76.31929, "energy": 64.935824, "activity_lines": [ 71.978488, 73.199121, 76.309922, 78.184999 ] }, { "date": "2024-08-23", "close": 71.764793, "volume": 0, "typical_volume": 0.0, "trend": 79.996831, "fair_value": 81.241107, "relative_strength": -17.186046, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.836023, "energy": 62.28789, "activity_lines": [ 71.64311, 72.739359, 75.623486, 77.620293 ] }, { "date": "2024-08-30", "close": 74.435936, "volume": 0, "typical_volume": 0.0, "trend": 79.566399, "fair_value": 81.141247, "relative_strength": -14.577761, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.817438, "energy": 54.852942, "activity_lines": [ 72.376189, 72.891533, 75.261974, 77.261526 ] }, { "date": "2024-09-06", "close": 71.764793, "volume": 0, "typical_volume": 0.0, "trend": 79.13339, "fair_value": 81.001587, "relative_strength": -13.827052, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.367148, "energy": 50.099334, "activity_lines": [ 72.23076, 72.602563, 74.691606, 76.758196 ] }, { "date": "2024-09-13", "close": 71.141533, "volume": 0, "typical_volume": 0.0, "trend": 78.694493, "fair_value": 80.871074, "relative_strength": -14.73887, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.817764, "energy": 46.940026, "activity_lines": [ 72.014102, 72.231841, 74.115641, 76.242593 ] }, { "date": "2024-09-20", "close": 71.764793, "volume": 0, "typical_volume": 0.0, "trend": 78.240298, "fair_value": 80.738371, "relative_strength": -13.936735, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -59.04845, "energy": 41.653351, "activity_lines": [ 71.954743, 72.061049, 73.651876, 75.795515 ] }, { "date": "2024-09-27", "close": 77.418724, "volume": 0, "typical_volume": 0.0, "trend": 78.09023, "fair_value": 80.651705, "relative_strength": -7.675576, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -26.93685, "energy": 20.279096, "activity_lines": [ 73.702861, 72.960336, 73.788931, 75.742511 ] }, { "date": "2024-10-04", "close": 78.309105, "volume": 0, "typical_volume": 0.0, "trend": 77.969843, "fair_value": 80.582601, "relative_strength": -5.361842, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -9.64301, "energy": 14.763561, "activity_lines": [ 75.370844, 73.967277, 74.049686, 75.756631 ] }, { "date": "2024-10-11", "close": 76.26123, "volume": 0, "typical_volume": 0.0, "trend": 77.881396, "fair_value": 80.477175, "relative_strength": -7.727721, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -8.407544, "energy": 20.83227, "activity_lines": [ 76.097991, 74.534694, 74.147416, 75.646398 ] }, { "date": "2024-10-18", "close": 75.192764, "volume": 0, "typical_volume": 0.0, "trend": 77.664574, "fair_value": 80.360262, "relative_strength": -9.011971, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -5.604991, "energy": 22.519452, "activity_lines": [ 76.16922, 74.863326, 74.174339, 75.472938 ] }, { "date": "2024-10-25", "close": 72.299026, "volume": 0, "typical_volume": 0.0, "trend": 77.326673, "fair_value": 80.212944, "relative_strength": -11.062144, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -24.319665, "energy": 17.399819, "activity_lines": [ 75.005787, 74.578404, 73.958528, 75.126774 ] }, { "date": "2024-11-01", "close": 72.655182, "volume": 0, "typical_volume": 0.0, "trend": 76.862648, "fair_value": 80.081825, "relative_strength": -8.951408, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -38.050627, "energy": 21.50749, "activity_lines": [ 73.925458, 74.327479, 73.814795, 74.825387 ] }, { "date": "2024-11-08", "close": 71.586716, "volume": 0, "typical_volume": 0.0, "trend": 76.448897, "fair_value": 79.909583, "relative_strength": -10.608409, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -47.885715, "energy": 34.364894, "activity_lines": [ 72.806543, 73.866098, 73.598135, 74.485005 ] }, { "date": "2024-11-15", "close": 69.672401, "volume": 0, "typical_volume": 0.0, "trend": 76.002828, "fair_value": 79.726872, "relative_strength": -12.790119, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -67.693533, "energy": 53.9431, "activity_lines": [ 71.497682, 73.108464, 73.224387, 74.047811 ] }, { "date": "2024-11-22", "close": 66.155388, "volume": 0, "typical_volume": 0.0, "trend": 75.466724, "fair_value": 79.545842, "relative_strength": -16.260871, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -81.628535, "energy": 76.916201, "activity_lines": [ 69.455739, 71.749417, 72.533917, 73.412493 ] }, { "date": "2024-11-29", "close": 66.11087, "volume": 0, "typical_volume": 0.0, "trend": 74.841815, "fair_value": 79.356279, "relative_strength": -16.07514, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -78.341076, "energy": 80.560174, "activity_lines": [ 68.001448, 70.472933, 71.885634, 72.808889 ] }, { "date": "2024-12-06", "close": 68.381348, "volume": 0, "typical_volume": 0.0, "trend": 74.268254, "fair_value": 79.169932, "relative_strength": -13.912356, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.585567, "energy": 74.846885, "activity_lines": [ 67.716527, 69.712062, 71.491534, 72.392085 ] }, { "date": "2024-12-13", "close": 67.312889, "volume": 0, "typical_volume": 0.0, "trend": 73.677634, "fair_value": 78.981117, "relative_strength": -16.259618, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.513199, "energy": 70.782461, "activity_lines": [ 67.360375, 68.921241, 71.024508, 71.943352 ] }, { "date": "2024-12-20", "close": 62.415783, "volume": 0, "typical_volume": 0.0, "trend": 72.999459, "fair_value": 78.762198, "relative_strength": -20.538622, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -83.49226, "energy": 76.308457, "activity_lines": [ 65.656776, 67.439968, 70.125858, 71.216781 ] }, { "date": "2024-12-27", "close": 63.57328, "volume": 0, "typical_volume": 0.0, "trend": 72.382128, "fair_value": 78.529052, "relative_strength": -19.392862, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -75.214253, "energy": 78.116912, "activity_lines": [ 64.822784, 66.420885, 69.391716, 70.60864 ] }, { "date": "2025-01-03", "close": 63.12809, "volume": 0, "typical_volume": 0.0, "trend": 71.809315, "fair_value": 78.260065, "relative_strength": -19.84525, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -72.783647, "energy": 78.922894, "activity_lines": [ 64.012536, 65.532122, 68.647611, 70.011605 ] }, { "date": "2025-01-10", "close": 63.484245, "volume": 0, "typical_volume": 0.0, "trend": 71.301798, "fair_value": 77.984856, "relative_strength": -18.877519, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.736578, "energy": 79.371429, "activity_lines": [ 63.519859, 64.874858, 67.973041, 69.474504 ] }, { "date": "2025-01-17", "close": 66.556068, "volume": 0, "typical_volume": 0.0, "trend": 70.957517, "fair_value": 77.753048, "relative_strength": -17.244776, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.343564, "energy": 52.043814, "activity_lines": [ 64.377596, 64.942852, 67.630457, 69.168328 ] }, { "date": "2025-01-24", "close": 69.449806, "volume": 0, "typical_volume": 0.0, "trend": 70.822475, "fair_value": 77.53644, "relative_strength": -14.541508, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -41.660569, "energy": 30.445824, "activity_lines": [ 66.250366, 65.628447, 67.600989, 69.071056 ] }, { "date": "2025-01-31", "close": 68.603943, "volume": 0, "typical_volume": 0.0, "trend": 70.579104, "fair_value": 77.313378, "relative_strength": -15.413596, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -35.144042, "energy": 24.341526, "activity_lines": [ 67.372248, 66.164295, 67.501988, 68.927925 ] }, { "date": "2025-02-07", "close": 71.408638, "volume": 0, "typical_volume": 0.0, "trend": 70.490066, "fair_value": 77.104945, "relative_strength": -11.74555, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -5.654665, "energy": 21.616525, "activity_lines": [ 69.093651, 67.165569, 67.682183, 68.981443 ] }, { "date": "2025-02-14", "close": 74.836624, "volume": 0, "typical_volume": 0.0, "trend": 70.503422, "fair_value": 76.932918, "relative_strength": -11.615565, "stage": 1, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "mixed", "direction": 39.921566, "energy": 42.59876, "activity_lines": [ 71.405679, 68.69379, 68.19055, 69.261867 ] }, { "date": "2025-02-21", "close": 73.233925, "volume": 0, "typical_volume": 0.0, "trend": 70.457419, "fair_value": 76.775873, "relative_strength": -12.178716, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 30.668958, "energy": 46.409869, "activity_lines": [ 72.426648, 69.813243, 68.558574, 69.438028 ] }, { "date": "2025-02-28", "close": 70.562782, "volume": 0, "typical_volume": 0.0, "trend": 70.349089, "fair_value": 76.636238, "relative_strength": -16.843099, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 23.899224, "energy": 42.070133, "activity_lines": [ 72.112047, 70.339377, 68.696372, 69.444826 ] }, { "date": "2025-03-07", "close": 73.812675, "volume": 0, "typical_volume": 0.0, "trend": 70.463355, "fair_value": 76.560474, "relative_strength": -15.346881, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 29.951487, "energy": 49.424335, "activity_lines": [ 72.806544, 71.308275, 69.170818, 69.668283 ] }, { "date": "2025-03-14", "close": 73.72364, "volume": 0, "typical_volume": 0.0, "trend": 70.567233, "fair_value": 76.461203, "relative_strength": -15.107805, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 27.116917, "energy": 30.469626, "activity_lines": [ 73.124115, 72.074813, 69.643357, 69.878624 ] }, { "date": "2025-03-21", "close": 67.535484, "volume": 0, "typical_volume": 0.0, "trend": 70.426256, "fair_value": 76.320717, "relative_strength": -20.971098, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": -7.684815, "energy": 10.493084, "activity_lines": [ 71.224633, 71.523586, 69.519763, 69.683027 ] }, { "date": "2025-03-28", "close": 64.062988, "volume": 0, "typical_volume": 0.0, "trend": 70.080491, "fair_value": 76.169312, "relative_strength": -22.942833, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -30.785986, "energy": 20.182838, "activity_lines": [ 68.654395, 70.267336, 69.089835, 69.272494 ] }, { "date": "2025-04-04", "close": 55.604362, "volume": 0, "typical_volume": 0.0, "trend": 69.54181, "fair_value": 75.970642, "relative_strength": -25.08687, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -81.732706, "energy": 56.345967, "activity_lines": [ 63.876011, 67.518484, 67.890151, 68.33855 ] }, { "date": "2025-04-11", "close": 52.933216, "volume": 0, "typical_volume": 0.0, "trend": 68.934866, "fair_value": 75.750727, "relative_strength": -27.124301, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -85.512187, "energy": 86.483805, "activity_lines": [ 59.204473, 64.535704, 66.503063, 67.267028 ] }, { "date": "2025-04-18", "close": 54.357826, "volume": 0, "typical_volume": 0.0, "trend": 68.354634, "fair_value": 75.523708, "relative_strength": -28.305648, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -76.105316, "energy": 89.033668, "activity_lines": [ 56.399769, 62.096866, 65.314615, 66.326573 ] }, { "date": "2025-04-25", "close": 58.720695, "volume": 0, "typical_volume": 0.0, "trend": 67.731366, "fair_value": 75.336253, "relative_strength": -24.673402, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.285995, "energy": 84.285005, "activity_lines": [ 56.340409, 60.761292, 64.597645, 65.705029 ] }, { "date": "2025-05-02", "close": 60.100792, "volume": 0, "typical_volume": 0.0, "trend": 67.124423, "fair_value": 75.118988, "relative_strength": -23.301967, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.57287, "energy": 76.09241, "activity_lines": [ 57.328734, 59.969662, 64.058116, 65.212734 ] }, { "date": "2025-05-09", "close": 58.898777, "volume": 0, "typical_volume": 0.0, "trend": 66.545674, "fair_value": 74.903811, "relative_strength": -27.45871, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.436071, "energy": 49.655819, "activity_lines": [ 58.180534, 59.198267, 63.438452, 64.682047 ] }, { "date": "2025-05-16", "close": 59.833675, "volume": 0, "typical_volume": 0.0, "trend": 66.033704, "fair_value": 74.706739, "relative_strength": -27.743937, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -45.381007, "energy": 33.914969, "activity_lines": [ 59.124338, 58.808927, 62.924575, 64.249015 ] }, { "date": "2025-05-23", "close": 57.830315, "volume": 0, "typical_volume": 0.0, "trend": 65.551414, "fair_value": 74.478557, "relative_strength": -28.641477, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -47.087435, "energy": 33.424773, "activity_lines": [ 58.940326, 58.309504, 62.237708, 63.719764 ] }, { "date": "2025-05-30", "close": 59.762711, "volume": 16, "typical_volume": 0.8, "trend": 65.121665, "fair_value": 74.250318, "relative_strength": -26.306232, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -42.367135, "energy": 30.591925, "activity_lines": [ 59.168946, 58.450394, 61.760107, 63.346299 ] }, { "date": "2025-06-06", "close": 57.26474, "volume": 0, "typical_volume": 0.8, "trend": 64.644266, "fair_value": 74.017981, "relative_strength": -29.062555, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -50.943704, "energy": 36.10946, "activity_lines": [ 58.495441, 58.278431, 61.062325, 62.839401 ] }, { "date": "2025-06-13", "close": 56.887688, "volume": 8, "typical_volume": 1.2, "trend": 64.218109, "fair_value": 73.894426, "relative_strength": -27.300654, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.064671, "energy": 42.284948, "activity_lines": [ 57.885323, 58.161518, 60.372878, 62.338976 ] }, { "date": "2025-06-20", "close": 56.180714, "volume": 0, "typical_volume": 1.2, "trend": 63.88562, "fair_value": 73.8033, "relative_strength": -27.207894, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.988222, "energy": 49.987216, "activity_lines": [ 57.173619, 57.892731, 59.67592, 61.820435 ] }, { "date": "2025-06-27", "close": 60.045498, "volume": 0, "typical_volume": 1.2, "trend": 63.683441, "fair_value": 73.733136, "relative_strength": -23.120793, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -55.761409, "energy": 38.392242, "activity_lines": [ 57.993707, 58.267586, 59.406195, 61.572685 ] }, { "date": "2025-07-04", "close": 58.584423, "volume": 0, "typical_volume": 1.2, "trend": 63.356876, "fair_value": 73.610609, "relative_strength": -23.811587, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -52.854371, "energy": 34.996032, "activity_lines": [ 58.179091, 58.273379, 59.05143, 61.243716 ] }, { "date": "2025-07-11", "close": 60.092628, "volume": 0, "typical_volume": 1.2, "trend": 63.116201, "fair_value": 73.541912, "relative_strength": -23.017451, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -38.661892, "energy": 23.111579, "activity_lines": [ 58.945763, 58.555869, 58.917695, 61.033119 ] }, { "date": "2025-07-18", "close": 59.668446, "volume": 0, "typical_volume": 1.2, "trend": 63.024623, "fair_value": 73.446137, "relative_strength": -23.007222, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -32.329215, "energy": 19.685993, "activity_lines": [ 59.382515, 58.761384, 58.806139, 60.810684 ] }, { "date": "2025-07-25", "close": 60.705338, "volume": 0, "typical_volume": 1.2, "trend": 62.929025, "fair_value": 73.347055, "relative_strength": -22.602421, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -17.175327, "energy": 14.377394, "activity_lines": [ 59.979513, 59.14143, 58.845213, 60.661052 ] }, { "date": "2025-08-01", "close": 54.908165, "volume": 9, "typical_volume": 1.65, "trend": 62.655028, "fair_value": 73.214412, "relative_strength": -27.433712, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -52.19185, "energy": 25.680639, "activity_lines": [ 58.34248, 58.451596, 58.39459, 60.143577 ] }, { "date": "2025-08-08", "close": 58.207371, "volume": 10, "typical_volume": 2.15, "trend": 62.479132, "fair_value": 73.102917, "relative_strength": -26.754325, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -33.465212, "energy": 21.133116, "activity_lines": [ 58.14767, 58.414748, 58.347776, 59.856632 ] }, { "date": "2025-08-15", "close": 58.490158, "volume": 0, "typical_volume": 2.15, "trend": 62.210268, "fair_value": 73.005732, "relative_strength": -27.691132, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -33.718333, "energy": 22.170653, "activity_lines": [ 58.072259, 58.457595, 58.372313, 59.599279 ] }, { "date": "2025-08-22", "close": 59.621315, "volume": 0, "typical_volume": 2.15, "trend": 61.882652, "fair_value": 72.934332, "relative_strength": -24.765031, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -29.824649, "energy": 19.926598, "activity_lines": [ 58.480733, 58.683826, 58.531117, 59.43225 ] }, { "date": "2025-08-29", "close": 57.217609, "volume": 0, "typical_volume": 2.15, "trend": 61.503107, "fair_value": 72.856313, "relative_strength": -24.444262, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -45.544795, "energy": 21.018409, "activity_lines": [ 58.091112, 58.423318, 58.441868, 59.131279 ] }, { "date": "2025-09-05", "close": 54.059799, "volume": 0, "typical_volume": 2.15, "trend": 60.924813, "fair_value": 72.746825, "relative_strength": -27.652137, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.816593, "energy": 34.66379, "activity_lines": [ 56.881404, 57.569809, 58.031473, 58.651066 ] }, { "date": "2025-09-12", "close": 55.803665, "volume": 0, "typical_volume": 2.15, "trend": 60.290381, "fair_value": 72.688972, "relative_strength": -25.444991, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -53.085116, "energy": 39.327541, "activity_lines": [ 56.309542, 57.142198, 57.78858, 58.320669 ] }, { "date": "2025-09-19", "close": 53.070038, "volume": 0, "typical_volume": 2.15, "trend": 59.618251, "fair_value": 72.631706, "relative_strength": -28.081954, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.724042, "energy": 62.153173, "activity_lines": [ 54.986719, 56.268124, 57.299232, 57.85484 ] }, { "date": "2025-09-26", "close": 50.996254, "volume": 0, "typical_volume": 2.15, "trend": 58.966034, "fair_value": 72.560722, "relative_strength": -30.409526, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -75.990124, "energy": 74.681045, "activity_lines": [ 53.333975, 55.144681, 56.64586, 57.298583 ] }, { "date": "2025-10-03", "close": 50.996254, "volume": 0, "typical_volume": 2.15, "trend": 58.205486, "fair_value": 72.493445, "relative_strength": -30.98442, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -74.313433, "energy": 77.053311, "activity_lines": [ 52.256235, 54.178914, 56.03012, 56.784403 ] }, { "date": "2025-10-10", "close": 48.02697, "volume": 0, "typical_volume": 2.15, "trend": 57.34893, "fair_value": 72.403427, "relative_strength": -32.849978, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -84.316767, "energy": 86.184696, "activity_lines": [ 50.603491, 52.849806, 55.173674, 56.127725 ] }, { "date": "2025-10-17", "close": 48.0741, "volume": 0, "typical_volume": 1.35, "trend": 56.700218, "fair_value": 72.298673, "relative_strength": -30.596379, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -77.511158, "energy": 86.298192, "activity_lines": [ 49.368646, 51.65438, 54.368398, 55.529349 ] }, { "date": "2025-10-24", "close": 50.053623, "volume": 0, "typical_volume": 1.35, "trend": 56.233239, "fair_value": 72.193688, "relative_strength": -28.23742, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.229966, "energy": 79.571812, "activity_lines": [ 49.308946, 51.003109, 53.807309, 55.100536 ] }, { "date": "2025-10-31", "close": 48.639679, "volume": 0, "typical_volume": 0.95, "trend": 56.001083, "fair_value": 72.061847, "relative_strength": -31.398355, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -69.770606, "energy": 82.952632, "activity_lines": [ 48.979025, 50.248148, 53.145898, 54.610629 ] }, { "date": "2025-11-07", "close": 47.36713, "volume": 0, "typical_volume": 0.95, "trend": 55.815547, "fair_value": 71.875251, "relative_strength": -31.523648, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -76.07044, "energy": 84.757857, "activity_lines": [ 48.382027, 49.461481, 52.402567, 54.0536 ] }, { "date": "2025-11-14", "close": 49.158127, "volume": 0, "typical_volume": 0.95, "trend": 55.642223, "fair_value": 71.732013, "relative_strength": -29.50528, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.584781, "energy": 61.762913, "activity_lines": [ 48.623969, 49.179549, 51.871777, 53.624089 ] }, { "date": "2025-11-21", "close": 47.32, "volume": 0, "typical_volume": 0.95, "trend": 55.2622, "fair_value": 71.582181, "relative_strength": -30.407287, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -71.849964, "energy": 64.845201, "activity_lines": [ 48.177792, 48.652534, 51.217772, 53.087171 ] }, { "date": "2025-11-28", "close": 49.110992, "volume": 194, "typical_volume": 10.65, "trend": 54.895873, "fair_value": 71.440759, "relative_strength": -30.113514, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.370857, "energy": 54.47205, "activity_lines": [ 48.378885, 48.605402, 50.787977, 52.690319 ] }, { "date": "2025-12-05", "close": 48.168365, "volume": 0, "typical_volume": 10.65, "trend": 54.538193, "fair_value": 71.303249, "relative_strength": -31.525258, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.084023, "energy": 52.054035, "activity_lines": [ 48.328612, 48.458866, 50.320702, 52.256286 ] }, { "date": "2025-12-12", "close": 50.195019, "volume": 0, "typical_volume": 10.65, "trend": 54.216904, "fair_value": 71.174919, "relative_strength": -28.081682, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -47.684772, "energy": 39.299575, "activity_lines": [ 48.985311, 48.732229, 50.101204, 51.976081 ] }, { "date": "2025-12-19", "close": 48.686813, "volume": 0, "typical_volume": 10.2, "trend": 53.912121, "fair_value": 71.040732, "relative_strength": -31.211329, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -45.886859, "energy": 34.018938, "activity_lines": [ 48.950748, 48.74594, 49.788117, 51.619301 ] }, { "date": "2025-12-26", "close": 48.592548, "volume": 0, "typical_volume": 9.7, "trend": 53.539782, "fair_value": 70.898529, "relative_strength": -30.696946, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -47.65945, "energy": 34.312852, "activity_lines": [ 48.916185, 48.730515, 49.495677, 51.276103 ] }, { "date": "2026-01-02", "close": 49.205257, "volume": 0, "typical_volume": 9.7, "trend": 53.271133, "fair_value": 70.760252, "relative_strength": -30.382668, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -42.179431, "energy": 28.399426, "activity_lines": [ 49.001021, 48.817066, 49.307376, 50.996456 ] }, { "date": "2026-01-09", "close": 50.195019, "volume": 384, "typical_volume": 28.9, "trend": 53.048044, "fair_value": 70.611588, "relative_strength": -28.81996, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -39.509065, "energy": 25.655369, "activity_lines": [ 49.409494, 49.098998, 49.257551, 50.797997 ] }, { "date": "2026-01-16", "close": 47.932705, "volume": 0, "typical_volume": 28.9, "trend": 52.77311, "fair_value": 70.429888, "relative_strength": -31.975361, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -60.197627, "energy": 33.501157, "activity_lines": [ 48.928752, 48.941321, 49.037155, 50.467975 ] }, { "date": "2026-01-23", "close": 48.781075, "volume": 361, "typical_volume": 46.95, "trend": 52.39763, "fair_value": 70.253627, "relative_strength": -30.426007, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -50.074389, "energy": 27.80453, "activity_lines": [ 48.881621, 48.92761, 48.94177, 50.210425 ] }, { "date": "2026-01-30", "close": 48.168365, "volume": 0, "typical_volume": 46.95, "trend": 52.050428, "fair_value": 70.069096, "relative_strength": -31.399566, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -54.766724, "energy": 31.102881, "activity_lines": [ 48.623969, 48.809353, 48.813168, 49.937569 ] }, { "date": "2026-02-06", "close": 54.436852, "volume": 0, "typical_volume": 46.95, "trend": 51.861902, "fair_value": 69.915004, "relative_strength": -22.251686, "stage": 4, "regime": "rotation_up", "modifier": "Structural repair", "gate": "down", "direction": 9.610528, "energy": 10.813814, "activity_lines": [ 50.484092, 49.815396, 49.317924, 50.091532 ] }, { "date": "2026-02-13", "close": 60.422546, "volume": 0, "typical_volume": 46.95, "trend": 51.887038, "fair_value": 69.819086, "relative_strength": -12.005843, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 46.974358, "energy": 62.017395, "activity_lines": [ 53.990673, 51.812913, 50.386237, 50.643832 ] }, { "date": "2026-02-20", "close": 57.359001, "volume": 0, "typical_volume": 46.95, "trend": 51.775494, "fair_value": 69.681078, "relative_strength": -18.066984, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 44.316242, "energy": 71.522178, "activity_lines": [ 55.794237, 53.030619, 51.117897, 50.996861 ] }, { "date": "2026-02-27", "close": 57.406136, "volume": 0, "typical_volume": 46.95, "trend": 51.85876, "fair_value": 69.521239, "relative_strength": -15.543506, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 39.509842, "energy": 73.796711, "activity_lines": [ 56.985093, 54.12664, 51.823747, 51.360129 ] }, { "date": "2026-03-06", "close": 50.666332, "volume": 0, "typical_volume": 46.95, "trend": 51.607392, "fair_value": 69.339165, "relative_strength": -20.342041, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 28.451019, "energy": 59.036848, "activity_lines": [ 55.354343, 53.838709, 51.843049, 51.283198 ] }, { "date": "2026-03-13", "close": 52.315933, "volume": 547, "typical_volume": 74.3, "trend": 51.401584, "fair_value": 69.195729, "relative_strength": -14.544469, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 26.902377, "energy": 25.348009, "activity_lines": [ 54.10693, 53.813001, 52.007111, 51.32891 ] }, { "date": "2026-03-20", "close": 48.0741, "volume": 192, "typical_volume": 83.9, "trend": 51.016677, "fair_value": 69.027009, "relative_strength": -19.563858, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 11.780348, "energy": 15.312364, "activity_lines": [ 51.586967, 52.959493, 51.756416, 51.114234 ] }, { "date": "2026-03-27", "close": 55.049561, "volume": 192, "typical_volume": 93.5, "trend": 50.944409, "fair_value": 68.903003, "relative_strength": -8.470978, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 37.188328, "energy": 25.584246, "activity_lines": [ 52.215387, 53.412812, 52.172744, 51.37442 ] }, { "date": "2026-04-03", "close": 54.578247, "volume": 565, "typical_volume": 121.75, "trend": 50.96169, "fair_value": 68.775976, "relative_strength": -11.646166, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 36.501203, "energy": 19.639733, "activity_lines": [ 52.840665, 53.651041, 52.507602, 51.608861 ] }, { "date": "2026-04-10", "close": 58.301632, "volume": 0, "typical_volume": 121.75, "trend": 51.044956, "fair_value": 68.673241, "relative_strength": -10.763765, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 63.327621, "energy": 33.00503, "activity_lines": [ 54.895598, 54.460845, 53.171259, 52.082406 ] }, { "date": "2026-04-17", "close": 58.490158, "volume": 0, "typical_volume": 112.05, "trend": 51.225626, "fair_value": 68.576374, "relative_strength": -12.027702, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.389288, "energy": 59.616438, "activity_lines": [ 56.504352, 55.120686, 53.800576, 52.562741 ] }, { "date": "2026-04-24", "close": 58.395897, "volume": 0, "typical_volume": 112.05, "trend": 51.472281, "fair_value": 68.479749, "relative_strength": -8.377206, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 62.86551, "energy": 64.43977, "activity_lines": [ 57.670071, 55.689692, 54.376253, 53.025339 ] }, { "date": "2026-05-01", "close": 57.92458, "volume": 130, "typical_volume": 118.55, "trend": 51.703225, "fair_value": 68.380104, "relative_strength": -9.03261, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 60.276657, "energy": 63.237174, "activity_lines": [ 57.990565, 56.209852, 54.858341, 53.441617 ] }, { "date": "2026-05-08", "close": 59.197128, "volume": 0, "typical_volume": 118.55, "trend": 52.075564, "fair_value": 68.288616, "relative_strength": -7.858741, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.202836, "energy": 63.284733, "activity_lines": [ 58.543573, 56.951101, 55.424816, 53.925094 ] }, { "date": "2026-05-15", "close": 58.961472, "volume": 0, "typical_volume": 118.55, "trend": 52.438476, "fair_value": 68.187248, "relative_strength": -7.295788, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 62.277758, "energy": 57.488567, "activity_lines": [ 58.710104, 57.61694, 55.918799, 54.369346 ] }, { "date": "2026-05-22", "close": 59.149998, "volume": 60, "typical_volume": 121.55, "trend": 52.741689, "fair_value": 68.08753, "relative_strength": -8.371726, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 61.693268, "energy": 47.845406, "activity_lines": [ 58.895488, 58.166236, 56.381361, 54.802348 ] }, { "date": "2026-05-29", "close": 61.349998, "volume": 0, "typical_volume": 102.35, "trend": 53.165366, "fair_value": 68.029662, "relative_strength": -6.947039, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 70.856478, "energy": 56.84087, "activity_lines": [ 59.770216, 58.991276, 57.00609, 55.357723 ] }, { "date": "2026-06-05", "close": 60.400002, "volume": 0, "typical_volume": 102.35, "trend": 53.599795, "fair_value": 67.95018, "relative_strength": -6.922263, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 63.776367, "energy": 57.33007, "activity_lines": [ 60.131338, 59.40221, 57.487225, 55.824473 ] }, { "date": "2026-06-12", "close": 57.0, "volume": 0, "typical_volume": 84.3, "trend": 53.861191, "fair_value": 67.850223, "relative_strength": -13.998035, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 58.541673, "energy": 40.770205, "activity_lines": [ 59.194098, 59.09768, 57.585182, 56.043841 ] }, { "date": "2026-06-19", "close": 57.950001, "volume": 0, "typical_volume": 84.3, "trend": 54.215524, "fair_value": 67.784215, "relative_strength": -15.539974, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 45.718497, "energy": 32.4598, "activity_lines": [ 58.72, 58.921847, 57.734478, 56.307636 ] }, { "date": "2026-06-26", "close": 55.849998, "volume": 18, "typical_volume": 85.2, "trend": 54.440158, "fair_value": 67.693844, "relative_strength": -16.312149, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 29.095376, "energy": 20.830383, "activity_lines": [ 57.613333, 58.370587, 57.637194, 56.413085 ] }, { "date": "2026-07-03", "close": 56.400002, "volume": 0, "typical_volume": 85.2, "trend": 54.714546, "fair_value": 67.581893, "relative_strength": -16.811311, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 22.780127, "energy": 25.406337, "activity_lines": [ 56.91, 57.967332, 57.585562, 56.539527 ] }, { "date": "2026-07-10", "close": 54.299999, "volume": 0, "typical_volume": 85.2, "trend": 54.851379, "fair_value": 67.433797, "relative_strength": -18.141053, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -10.71604, "energy": 24.978243, "activity_lines": [ 55.836667, 57.218547, 57.353085, 56.512782 ] }, { "date": "2026-07-17", "close": 55.75, "volume": 751, "typical_volume": 122.75, "trend": 55.086818, "fair_value": 67.295547, "relative_strength": -13.633103, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 1.37737, "energy": 22.099406, "activity_lines": [ 55.653333, 56.799299, 57.27327, 56.570758 ] }, { "date": "2026-07-24", "close": 55.75, "volume": 0, "typical_volume": 122.75, "trend": 55.3254, "fair_value": 67.128886, "relative_strength": -14.095565, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 1.318276, "energy": 19.450976, "activity_lines": [ 55.553333, 56.442727, 57.201341, 56.613544 ] }, { "date": "2026-07-31", "close": 59.049999, "volume": 200, "typical_volume": 105.4, "trend": 55.653558, "fair_value": 66.965982, "relative_strength": -8.483445, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 24.781986, "energy": 14.873312, "activity_lines": [ 56.7, 56.744545, 57.41949, 56.85384 ] }, { "date": "2026-08-07", "close": 62.049999, "volume": 98, "typical_volume": 100.7, "trend": 56.048724, "fair_value": 66.830457, "relative_strength": -6.107325, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 60.374583, "energy": 38.010413, "activity_lines": [ 58.633333, 57.593636, 57.891286, 57.266514 ] } ], "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." } } }