{ "ticker": { "uuid": "27d1c341-5202-473d-bfa8-ee657c5b35c1", "symbol": "WCH", "name": "Wacker Chemie AG", "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": 2, "stage_name": "Advancing", "phase": "2b", "phase_label": "Stage 2B \u00b7 Advancing", "transition": "stage_2_healthy", "transition_label": "Stage 2 trend intact", "confidence": 96.0, "architecture_regime": "deceleration", "architecture_regime_label": "Deceleration", "architecture_modifier": "Recompressing", "architecture_gate": "up", "architecture_direction": 13.841, "architecture_energy": 14.804, "architecture_maturity": 53.675, "architecture_confidence": 89.047, "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": 48.33, "rotation_up": 21.64, "upward_expansion": 43.09, "deceleration": 83.87, "rotation_down": 37.3, "downward_expansion": 34.76 }, "activity_lines": [ 90.883332, 91.749999, 93.548094, 91.161074 ], "activity_state": "Compressed", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": -0.333333 }, "latest_close": 94.699997, "trend_reference": 86.919999, "distance_from_trend": 0.089508, "trend_direction": "Improving", "fair_value": 83.957044, "distance_from_fair_value": 0.127958, "fair_value_direction": "Improving", "relative_strength": -0.457851, "relative_strength_direction": "Weakening", "price_momentum": 0.256802, "excess_performance": 0.082555, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.089508, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.103699, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.127958, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.034359, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.004579, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.135152, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.256802, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 2.285398, "read": "Demand-led" } ], "volume": { "latest": 0, "relative_activity": 0.0, "balance": 2.285398, "dry_up": 3.333333, "accumulation_observations": 2, "distribution_observations": 2 }, "risk": { "range_context": 0.067866, "annualized_volatility": 0.537933, "from_high_reference": -0.082364, "from_low_reference": 0.547386 }, "levels": { "trend_reference": 86.919999, "fair_value_reference": 83.957044, "structural_low": 63.450001, "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 8, "median_return": 0.00113, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": -0.006162, "regime_survival": 0.5, "best_return": 0.18053, "worst_return": -0.091179, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 4, "median_return": 0.186779, "positive_rate": 0.75, "directional_follow_through": 0.75, "median_excess_return": 0.095989, "regime_survival": 0.0, "best_return": 0.284137, "worst_return": -0.004042, "sufficient": false }, { "horizon": "Extended", "sample_count": 3, "median_return": 0.086882, "positive_rate": 0.666667, "directional_follow_through": 0.666667, "median_excess_return": -0.032292, "regime_survival": 0.0, "best_return": 0.110888, "worst_return": -0.066242, "sufficient": false }, { "horizon": "Full cycle", "sample_count": 2, "median_return": -0.021942, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": 0.010147, "regime_survival": 0.0, "best_return": 0.129042, "worst_return": -0.172925, "sufficient": false } ], "ledger": [ { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2023-09-29", "end": "2023-10-06", "tenure": "New", "return": -0.074797, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2023-10-13", "end": "2023-10-27", "tenure": "New", "return": -0.091643, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2023-11-03", "end": "2024-03-29", "tenure": "Established", "return": -0.1061, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-04-05", "end": "2024-07-26", "tenure": "Established", "return": -0.088765, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2024-08-02", "end": "2024-08-09", "tenure": "New", "return": -0.034689, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2024-08-16", "end": "2025-03-14", "tenure": "Extended", "return": -0.038122, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-03-21", "end": "2025-04-04", "tenure": "New", "return": -0.217056, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-04-11", "end": "2025-04-18", "tenure": "New", "return": 0.012729, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-04-25", "end": "2025-08-01", "tenure": "Established", "return": -0.032085, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-08-08", "end": "2025-10-31", "tenure": "Established", "return": 0.023863, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-11-07", "end": "2026-03-20", "tenure": "Established", "return": 0.036846, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-03-27", "end": "2026-04-03", "tenure": "New", "return": 0.007394, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-04-10", "end": "2026-06-26", "tenure": "Developing", "return": 0.005464, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-07-03", "end": "2026-08-07", "tenure": "Developing", "return": 0.0, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 121.327759, "volume": 0, "typical_volume": 26.25, "trend": 122.264952, "fair_value": 109.427614, "relative_strength": 6.683483, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 17.078887, "energy": 38.730659, "activity_lines": [ 126.615331, 124.91128, 122.016439, 122.043896 ] }, { "date": "2023-08-25", "close": 122.914963, "volume": 0, "typical_volume": 26.25, "trend": 122.519283, "fair_value": 109.793399, "relative_strength": 8.72867, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 21.477968, "energy": 17.009653, "activity_lines": [ 125.031237, 124.982576, 122.190617, 122.085833 ] }, { "date": "2023-09-01", "close": 127.06971, "volume": 0, "typical_volume": 26.1, "trend": 122.515061, "fair_value": 110.196444, "relative_strength": 9.949836, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 15.460398, "energy": 11.387145, "activity_lines": [ 125.121491, 125.695545, 122.746233, 122.379409 ] }, { "date": "2023-09-08", "close": 124.688904, "volume": 0, "typical_volume": 26.1, "trend": 122.716501, "fair_value": 110.573294, "relative_strength": 8.996712, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 6.896061, "energy": 9.257057, "activity_lines": [ 124.757369, 125.712521, 123.059706, 122.519656 ] }, { "date": "2023-09-15", "close": 130.24411, "volume": 0, "typical_volume": 26.1, "trend": 123.010943, "fair_value": 110.993009, "relative_strength": 12.279299, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 25.857759, "energy": 19.854885, "activity_lines": [ 126.556199, 126.590999, 123.903044, 123.005309 ] }, { "date": "2023-09-22", "close": 125.996002, "volume": 0, "typical_volume": 26.1, "trend": 122.850399, "fair_value": 111.399799, "relative_strength": 9.236101, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 49.528742, "energy": 39.364692, "activity_lines": [ 126.80517, 126.470472, 124.289001, 123.197893 ] }, { "date": "2023-09-29", "close": 126.696243, "volume": 0, "typical_volume": 20.6, "trend": 122.632369, "fair_value": 111.775006, "relative_strength": 9.149605, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 49.613074, "energy": 35.106559, "activity_lines": [ 126.976338, 126.428881, 124.722244, 123.446012 ] }, { "date": "2023-10-06", "close": 117.219704, "volume": 0, "typical_volume": 18.6, "trend": 122.301231, "fair_value": 112.05789, "relative_strength": 2.255809, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 9.657441, "energy": 6.1833, "activity_lines": [ 123.736575, 124.674469, 124.220296, 123.096808 ] }, { "date": "2023-10-13", "close": 115.6325, "volume": 0, "typical_volume": 18.6, "trend": 122.00085, "fair_value": 112.318235, "relative_strength": -0.291414, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -30.17875, "energy": 27.856098, "activity_lines": [ 120.624411, 122.903082, 123.576301, 122.666567 ] }, { "date": "2023-10-20", "close": 106.762825, "volume": 2, "typical_volume": 15.95, "trend": 121.538106, "fair_value": 112.542774, "relative_strength": -4.527107, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -48.33471, "energy": 65.452937, "activity_lines": [ 115.159448, 119.768565, 122.106914, 121.683469 ] }, { "date": "2023-10-27", "close": 105.035576, "volume": 5, "typical_volume": 16.0, "trend": 120.799413, "fair_value": 112.792108, "relative_strength": -5.673835, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -85.647881, "energy": 88.883524, "activity_lines": [ 110.684155, 116.710438, 120.53238, 120.618789 ] }, { "date": "2023-11-03", "close": 108.676811, "volume": 0, "typical_volume": 13.75, "trend": 120.424575, "fair_value": 113.045981, "relative_strength": -7.558314, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.746467, "energy": 84.002017, "activity_lines": [ 108.819969, 114.610576, 119.323082, 119.836686 ] }, { "date": "2023-11-10", "close": 111.197662, "volume": 0, "typical_volume": 9.9, "trend": 120.003308, "fair_value": 113.310291, "relative_strength": -5.994781, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.50468, "energy": 80.500388, "activity_lines": [ 108.997362, 113.227926, 118.391878, 119.241401 ] }, { "date": "2023-11-17", "close": 113.064964, "volume": 0, "typical_volume": 6.25, "trend": 119.610252, "fair_value": 113.554689, "relative_strength": -6.552558, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.249605, "energy": 63.635442, "activity_lines": [ 110.198659, 112.473368, 117.64518, 118.793766 ] }, { "date": "2023-11-24", "close": 106.342682, "volume": 2, "typical_volume": 2.7, "trend": 119.183135, "fair_value": 113.714457, "relative_strength": -11.551771, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -72.127568, "energy": 52.343798, "activity_lines": [ 109.330363, 110.707921, 116.274716, 117.937794 ] }, { "date": "2023-12-01", "close": 104.382027, "volume": 20, "typical_volume": 3.7, "trend": 118.598491, "fair_value": 113.857057, "relative_strength": -14.759973, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -75.142604, "energy": 55.642799, "activity_lines": [ 107.836526, 109.020563, 114.771985, 116.982884 ] }, { "date": "2023-12-08", "close": 102.981544, "volume": 10, "typical_volume": 4.2, "trend": 118.036647, "fair_value": 113.966667, "relative_strength": -15.950212, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -75.02865, "energy": 62.783869, "activity_lines": [ 105.919431, 107.471553, 113.226128, 115.975339 ] }, { "date": "2023-12-15", "close": 107.50975, "volume": 2, "typical_volume": 2.05, "trend": 117.649182, "fair_value": 114.056254, "relative_strength": -13.419547, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.916632, "energy": 61.352043, "activity_lines": [ 105.891422, 107.177029, 112.227123, 115.296184 ] }, { "date": "2023-12-22", "close": 106.342682, "volume": 0, "typical_volume": 2.05, "trend": 117.204143, "fair_value": 114.141681, "relative_strength": -15.179582, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.020675, "energy": 60.334633, "activity_lines": [ 105.720252, 106.846856, 111.234342, 114.566733 ] }, { "date": "2023-12-29", "close": 106.529411, "volume": 0, "typical_volume": 2.05, "trend": 116.780888, "fair_value": 114.227027, "relative_strength": -15.642136, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -59.282705, "energy": 48.081399, "activity_lines": [ 106.059477, 106.719539, 110.368937, 113.87804 ] }, { "date": "2024-01-05", "close": 98.079887, "volume": 6, "typical_volume": 2.35, "trend": 116.419877, "fair_value": 114.236751, "relative_strength": -22.181416, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -81.024871, "energy": 59.195485, "activity_lines": [ 103.569745, 105.06019, 108.802184, 112.671524 ] }, { "date": "2024-01-12", "close": 94.158554, "volume": 41, "typical_volume": 4.4, "trend": 115.669845, "fair_value": 114.22517, "relative_strength": -24.325836, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -84.206202, "energy": 81.205505, "activity_lines": [ 100.193044, 102.814337, 106.972676, 111.23531 ] }, { "date": "2024-01-19", "close": 88.435287, "volume": 2, "typical_volume": 4.5, "trend": 114.864416, "fair_value": 114.171026, "relative_strength": -27.463757, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -88.539506, "energy": 93.760785, "activity_lines": [ 95.496788, 99.791859, 104.735029, 109.478241 ] }, { "date": "2024-01-26", "close": 93.598366, "volume": 0, "typical_volume": 4.5, "trend": 114.10038, "fair_value": 114.158664, "relative_strength": -25.420008, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.400084, "energy": 87.232572, "activity_lines": [ 93.793188, 98.121984, 103.173077, 108.106238 ] }, { "date": "2024-02-02", "close": 94.952156, "volume": 0, "typical_volume": 4.5, "trend": 113.339455, "fair_value": 114.119726, "relative_strength": -23.609889, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.40618, "energy": 85.925894, "activity_lines": [ 93.390473, 97.052191, 101.888109, 106.870869 ] }, { "date": "2024-02-09", "close": 90.078514, "volume": 0, "typical_volume": 4.5, "trend": 112.230902, "fair_value": 114.101151, "relative_strength": -25.462416, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -76.814497, "energy": 86.320084, "activity_lines": [ 92.135028, 95.303381, 100.30704, 105.370163 ] }, { "date": "2024-02-16", "close": 94.858795, "volume": 0, "typical_volume": 4.5, "trend": 111.15098, "fair_value": 114.142087, "relative_strength": -22.321684, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.212972, "energy": 61.069154, "activity_lines": [ 93.006435, 94.683778, 99.352272, 104.249382 ] }, { "date": "2024-02-23", "close": 91.180222, "volume": 0, "typical_volume": 4.5, "trend": 109.785051, "fair_value": 114.177324, "relative_strength": -24.408691, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -70.538259, "energy": 61.660026, "activity_lines": [ 92.604967, 93.543029, 98.198771, 102.960946 ] }, { "date": "2024-03-01", "close": 98.173248, "volume": 4, "typical_volume": 4.7, "trend": 108.745588, "fair_value": 114.255855, "relative_strength": -18.081033, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -49.864289, "energy": 44.334911, "activity_lines": [ 94.351513, 93.97064, 97.83527, 102.211797 ] }, { "date": "2024-03-08", "close": 99.527039, "volume": 0, "typical_volume": 4.6, "trend": 107.788597, "fair_value": 114.301169, "relative_strength": -16.613881, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -41.86585, "energy": 29.175241, "activity_lines": [ 96.24433, 94.79293, 97.68384, 101.617052 ] }, { "date": "2024-03-15", "close": 100.927521, "volume": 0, "typical_volume": 4.35, "trend": 107.108589, "fair_value": 114.385605, "relative_strength": -15.751476, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -35.288092, "energy": 23.172299, "activity_lines": [ 98.298983, 95.997169, 97.700246, 101.174402 ] }, { "date": "2024-03-22", "close": 102.841499, "volume": 2, "typical_volume": 4.45, "trend": 106.439473, "fair_value": 114.450121, "relative_strength": -15.86036, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -14.975366, "energy": 22.126741, "activity_lines": [ 100.268361, 97.497629, 97.918498, 100.899106 ] }, { "date": "2024-03-29", "close": 97.14624, "volume": 0, "typical_volume": 4.45, "trend": 105.442024, "fair_value": 114.442108, "relative_strength": -20.807873, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -17.551626, "energy": 18.8063, "activity_lines": [ 99.807139, 97.804715, 97.622131, 100.299543 ] }, { "date": "2024-04-05", "close": 104.568756, "volume": 2, "typical_volume": 4.55, "trend": 104.771353, "fair_value": 114.481676, "relative_strength": -15.107565, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 3.960035, "energy": 16.729968, "activity_lines": [ 101.422355, 99.302969, 98.099582, 100.243203 ] }, { "date": "2024-04-12", "close": 102.421356, "volume": 0, "typical_volume": 4.45, "trend": 103.843927, "fair_value": 114.467626, "relative_strength": -16.145674, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -3.430507, "energy": 15.661013, "activity_lines": [ 101.895403, 100.211325, 98.412977, 100.09159 ] }, { "date": "2024-04-19", "close": 102.141266, "volume": 14, "typical_volume": 4.15, "trend": 103.04877, "fair_value": 114.455612, "relative_strength": -15.504769, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -4.0602, "energy": 13.466368, "activity_lines": [ 102.082133, 100.932951, 98.71837, 99.981741 ] }, { "date": "2024-04-26", "close": 94.812119, "volume": 3, "typical_volume": 3.8, "trend": 101.985965, "fair_value": 114.422674, "relative_strength": -21.381741, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -33.558, "energy": 17.196932, "activity_lines": [ 99.744899, 100.102683, 98.336419, 99.450344 ] }, { "date": "2024-05-03", "close": 95.745766, "volume": 0, "typical_volume": 3.7, "trend": 101.270167, "fair_value": 114.404662, "relative_strength": -21.04895, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -38.395474, "energy": 21.117442, "activity_lines": [ 98.254171, 99.443018, 98.082289, 99.047751 ] }, { "date": "2024-05-10", "close": 96.892799, "volume": 0, "typical_volume": 3.7, "trend": 100.645511, "fair_value": 114.369557, "relative_strength": -21.664573, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -34.458974, "energy": 24.962285, "activity_lines": [ 97.239154, 98.908894, 97.993419, 98.76534 ] }, { "date": "2024-05-17", "close": 99.249001, "volume": 5, "typical_volume": 3.95, "trend": 100.39505, "fair_value": 114.302053, "relative_strength": -20.616959, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -31.279957, "energy": 24.19199, "activity_lines": [ 97.521267, 98.826451, 98.173948, 98.675242 ] }, { "date": "2024-05-24", "close": 97.854515, "volume": 0, "typical_volume": 3.65, "trend": 100.155681, "fair_value": 114.207959, "relative_strength": -21.087308, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -32.597762, "energy": 19.372435, "activity_lines": [ 97.550042, 98.495521, 98.256339, 98.511337 ] }, { "date": "2024-05-31", "close": 97.854515, "volume": 20, "typical_volume": 2.6, "trend": 99.794938, "fair_value": 114.120614, "relative_strength": -19.292819, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -42.45937, "energy": 18.543096, "activity_lines": [ 97.8646, 98.220463, 98.339802, 98.362875 ] }, { "date": "2024-06-07", "close": 96.700462, "volume": 0, "typical_volume": 2.5, "trend": 99.311698, "fair_value": 114.002249, "relative_strength": -19.218311, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -37.550003, "energy": 15.794087, "activity_lines": [ 97.591648, 97.82625, 98.295755, 98.163231 ] }, { "date": "2024-06-14", "close": 92.440063, "volume": 0, "typical_volume": 2.5, "trend": 98.624201, "fair_value": 113.952099, "relative_strength": -19.567682, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -54.29449, "energy": 35.729414, "activity_lines": [ 95.834916, 96.665524, 97.806599, 97.7199 ] }, { "date": "2024-06-21", "close": 96.219604, "volume": 0, "typical_volume": 2.5, "trend": 98.286765, "fair_value": 113.878933, "relative_strength": -17.118599, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -38.563224, "energy": 33.212587, "activity_lines": [ 95.63488, 96.412509, 97.682914, 97.564764 ] }, { "date": "2024-06-28", "close": 98.04686, "volume": 0, "typical_volume": 2.5, "trend": 98.075593, "fair_value": 113.825528, "relative_strength": -15.471486, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -35.583985, "energy": 29.876195, "activity_lines": [ 96.24589, 96.604482, 97.727218, 97.549287 ] }, { "date": "2024-07-05", "close": 100.066467, "volume": 0, "typical_volume": 2.5, "trend": 97.978424, "fair_value": 113.82089, "relative_strength": -15.488657, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -11.688758, "energy": 8.196288, "activity_lines": [ 97.517278, 97.238099, 97.925922, 97.67773 ] }, { "date": "2024-07-12", "close": 101.172432, "volume": 0, "typical_volume": 2.5, "trend": 97.76718, "fair_value": 113.828274, "relative_strength": -13.894994, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 44.701686, "energy": 25.750472, "activity_lines": [ 99.009859, 97.977268, 98.205157, 97.883795 ] }, { "date": "2024-07-19", "close": 96.056107, "volume": 0, "typical_volume": 2.3, "trend": 97.424294, "fair_value": 113.804938, "relative_strength": -16.801805, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 24.496633, "energy": 17.31061, "activity_lines": [ 98.498866, 97.687529, 97.94954, 97.773403 ] }, { "date": "2024-07-26", "close": 95.286743, "volume": 0, "typical_volume": 2.3, "trend": 97.049539, "fair_value": 113.770699, "relative_strength": -16.694139, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 9.298372, "energy": 7.27415, "activity_lines": [ 97.490349, 97.273118, 97.630733, 97.635497 ] }, { "date": "2024-08-02", "close": 83.726921, "volume": 0, "typical_volume": 2.3, "trend": 96.571106, "fair_value": 113.638997, "relative_strength": -23.006284, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "mixed", "direction": -50.542278, "energy": 55.822328, "activity_lines": [ 92.690749, 94.828962, 96.231182, 96.775973 ] }, { "date": "2024-08-09", "close": 80.82254, "volume": 9, "typical_volume": 2.65, "trend": 96.126573, "fair_value": 113.473363, "relative_strength": -25.556225, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -85.070717, "energy": 84.632546, "activity_lines": [ 87.877684, 92.113603, 94.636931, 95.759937 ] }, { "date": "2024-08-16", "close": 82.745972, "volume": 6, "typical_volume": 2.95, "trend": 95.936929, "fair_value": 113.281121, "relative_strength": -24.398632, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -75.939708, "energy": 87.229683, "activity_lines": [ 84.988692, 90.05763, 93.330717, 94.896672 ] }, { "date": "2024-08-23", "close": 84.169312, "volume": 0, "typical_volume": 2.85, "trend": 95.622627, "fair_value": 113.051279, "relative_strength": -23.57752, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.602624, "energy": 86.74355, "activity_lines": [ 83.802577, 88.514165, 92.228631, 94.137471 ] }, { "date": "2024-08-30", "close": 83.611519, "volume": 0, "typical_volume": 2.85, "trend": 95.244606, "fair_value": 112.811372, "relative_strength": -24.039808, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.119649, "energy": 86.211395, "activity_lines": [ 83.222984, 87.01966, 91.170562, 93.362561 ] }, { "date": "2024-09-06", "close": 77.014153, "volume": 0, "typical_volume": 2.15, "trend": 94.809127, "fair_value": 112.480114, "relative_strength": -26.257932, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -84.231864, "energy": 90.705412, "activity_lines": [ 81.222617, 84.554872, 89.573743, 92.186402 ] }, { "date": "2024-09-13", "close": 78.552895, "volume": 10, "typical_volume": 2.5, "trend": 94.265597, "fair_value": 112.188052, "relative_strength": -24.276055, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -73.78901, "energy": 81.393413, "activity_lines": [ 80.182683, 82.752268, 88.243125, 91.137613 ] }, { "date": "2024-09-20", "close": 78.629837, "volume": 0, "typical_volume": 2.5, "trend": 93.847251, "fair_value": 111.890254, "relative_strength": -23.541703, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -69.335562, "energy": 75.159136, "activity_lines": [ 79.319705, 81.35481, 86.997258, 90.128855 ] }, { "date": "2024-09-27", "close": 85.554176, "volume": 0, "typical_volume": 2.5, "trend": 93.426615, "fair_value": 111.619191, "relative_strength": -16.614503, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.201793, "energy": 55.765096, "activity_lines": [ 81.039249, 81.626187, 86.492357, 89.593818 ] }, { "date": "2024-10-04", "close": 89.227928, "volume": 0, "typical_volume": 2.25, "trend": 93.083311, "fair_value": 111.390108, "relative_strength": -11.324542, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -46.387027, "energy": 35.826598, "activity_lines": [ 83.891053, 82.756464, 86.391331, 89.322934 ] }, { "date": "2024-10-11", "close": 87.593018, "volume": 0, "typical_volume": 2.25, "trend": 92.638828, "fair_value": 111.152621, "relative_strength": -12.326374, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -38.183468, "energy": 26.732529, "activity_lines": [ 85.82346, 83.699644, 86.182318, 88.968722 ] }, { "date": "2024-10-18", "close": 81.495743, "volume": 50, "typical_volume": 3.75, "trend": 91.927303, "fair_value": 110.893181, "relative_strength": -17.988512, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -45.661248, "energy": 31.283285, "activity_lines": [ 85.018184, 83.463937, 85.441477, 88.249813 ] }, { "date": "2024-10-25", "close": 81.226463, "volume": 2, "typical_volume": 3.85, "trend": 91.396644, "fair_value": 110.60398, "relative_strength": -16.540045, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -48.511674, "energy": 26.113021, "activity_lines": [ 83.926958, 83.167029, 84.752889, 87.559437 ] }, { "date": "2024-11-01", "close": 75.321533, "volume": 412, "typical_volume": 24.45, "trend": 90.421736, "fair_value": 110.256681, "relative_strength": -20.69417, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -80.676361, "energy": 54.26242, "activity_lines": [ 80.694314, 81.824125, 83.575612, 86.522333 ] }, { "date": "2024-11-08", "close": 74.436752, "volume": 6, "typical_volume": 24.75, "trend": 89.488916, "fair_value": 109.851275, "relative_strength": -21.32928, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -80.452843, "energy": 82.028268, "activity_lines": [ 77.848919, 80.481221, 82.395588, 85.491043 ] }, { "date": "2024-11-15", "close": 71.878586, "volume": 0, "typical_volume": 24.75, "trend": 88.48016, "fair_value": 109.433364, "relative_strength": -23.363203, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -81.397268, "energy": 87.444306, "activity_lines": [ 75.13688, 78.840009, 81.075656, 84.354893 ] }, { "date": "2024-11-22", "close": 67.935562, "volume": 0, "typical_volume": 24.75, "trend": 87.584275, "fair_value": 109.08103, "relative_strength": -26.369126, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -86.791808, "energy": 93.526067, "activity_lines": [ 72.158129, 76.575258, 79.504809, 83.029435 ] }, { "date": "2024-11-29", "close": 68.108665, "volume": 0, "typical_volume": 24.75, "trend": 86.663038, "fair_value": 108.803525, "relative_strength": -25.650159, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -78.560791, "energy": 90.648084, "activity_lines": [ 70.141091, 74.535022, 78.103452, 81.772944 ] }, { "date": "2024-12-06", "close": 70.243675, "volume": 339, "typical_volume": 41.7, "trend": 85.774734, "fair_value": 108.509336, "relative_strength": -23.622751, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.472761, "energy": 84.902499, "activity_lines": [ 69.710243, 73.074265, 77.062877, 80.71363 ] }, { "date": "2024-12-13", "close": 68.551056, "volume": 326, "typical_volume": 58.0, "trend": 84.751469, "fair_value": 108.249982, "relative_strength": -26.047798, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -69.670646, "energy": 78.342243, "activity_lines": [ 69.053712, 71.584131, 75.984015, 79.602425 ] }, { "date": "2024-12-20", "close": 65.069649, "volume": 0, "typical_volume": 58.0, "trend": 83.65864, "fair_value": 107.982329, "relative_strength": -27.950634, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -79.012663, "energy": 70.115345, "activity_lines": [ 67.629092, 69.836957, 74.700904, 78.33263 ] }, { "date": "2024-12-27", "close": 67.358528, "volume": 0, "typical_volume": 57.55, "trend": 82.642107, "fair_value": 107.728569, "relative_strength": -25.548267, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.741506, "energy": 64.307007, "activity_lines": [ 67.421361, 68.915459, 73.724626, 77.28101 ] }, { "date": "2025-01-03", "close": 67.800919, "volume": 150, "typical_volume": 64.75, "trend": 81.678789, "fair_value": 107.445458, "relative_strength": -24.89654, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.814278, "energy": 62.550677, "activity_lines": [ 67.399563, 68.331435, 72.854594, 76.323514 ] }, { "date": "2025-01-10", "close": 62.165268, "volume": 0, "typical_volume": 64.75, "trend": 80.669629, "fair_value": 107.053019, "relative_strength": -30.574964, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -81.155639, "energy": 68.038602, "activity_lines": [ 65.51973, 66.966849, 71.519001, 75.064577 ] }, { "date": "2025-01-17", "close": 63.10775, "volume": 100, "typical_volume": 69.75, "trend": 79.565901, "fair_value": 106.752283, "relative_strength": -31.402595, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -73.622375, "energy": 65.44423, "activity_lines": [ 64.492619, 66.012828, 70.377949, 73.931553 ] }, { "date": "2025-01-24", "close": 62.607655, "volume": 89, "typical_volume": 74.2, "trend": 78.384594, "fair_value": 106.488057, "relative_strength": -32.515254, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -71.997656, "energy": 64.815922, "activity_lines": [ 63.661696, 65.173862, 69.286906, 72.837473 ] }, { "date": "2025-01-31", "close": 63.83865, "volume": 145, "typical_volume": 80.95, "trend": 77.177, "fair_value": 106.215628, "relative_strength": -30.919837, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.984005, "energy": 62.72749, "activity_lines": [ 63.405238, 64.727276, 68.381703, 71.899025 ] }, { "date": "2025-02-07", "close": 66.242935, "volume": 140, "typical_volume": 87.95, "trend": 76.012684, "fair_value": 105.974964, "relative_strength": -28.032789, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -60.71803, "energy": 52.505399, "activity_lines": [ 64.184867, 64.792323, 67.775547, 71.193601 ] }, { "date": "2025-02-14", "close": 70.993813, "volume": 45, "typical_volume": 90.2, "trend": 75.177274, "fair_value": 105.753593, "relative_strength": -26.10592, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -42.431513, "energy": 32.157325, "activity_lines": [ 66.651988, 65.755087, 67.680841, 70.869803 ] }, { "date": "2025-02-21", "close": 67.397003, "volume": 0, "typical_volume": 90.2, "trend": 74.247616, "fair_value": 105.510463, "relative_strength": -28.64258, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -36.259599, "energy": 21.790326, "activity_lines": [ 67.331602, 66.050247, 67.312917, 70.36785 ] }, { "date": "2025-02-28", "close": 66.377579, "volume": 0, "typical_volume": 90.2, "trend": 73.669304, "fair_value": 105.264432, "relative_strength": -30.655766, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -31.668252, "energy": 22.019774, "activity_lines": [ 67.385458, 66.18104, 66.951861, 69.860106 ] }, { "date": "2025-03-07", "close": 74.032837, "volume": 0, "typical_volume": 87.7, "trend": 73.442981, "fair_value": 105.004915, "relative_strength": -24.463516, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": 6.840484, "energy": 16.26834, "activity_lines": [ 69.739738, 67.679918, 67.420904, 69.883559 ] }, { "date": "2025-03-14", "close": 79.591545, "volume": 432, "typical_volume": 109.2, "trend": 73.337833, "fair_value": 104.719511, "relative_strength": -18.162985, "stage": 1, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": 21.700202, "energy": 29.212143, "activity_lines": [ 73.267309, 70.068119, 68.454885, 70.280241 ] }, { "date": "2025-03-21", "close": 77.360367, "volume": 83, "typical_volume": 92.75, "trend": 73.110869, "fair_value": 104.434861, "relative_strength": -18.969153, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 32.672505, "energy": 40.614827, "activity_lines": [ 75.161246, 71.836276, 69.284158, 70.539759 ] }, { "date": "2025-03-28", "close": 75.206123, "volume": 0, "typical_volume": 92.45, "trend": 72.830689, "fair_value": 104.099541, "relative_strength": -18.988551, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 23.602139, "energy": 45.575747, "activity_lines": [ 75.912665, 72.936477, 69.898556, 70.674937 ] }, { "date": "2025-04-04", "close": 60.568821, "volume": 105, "typical_volume": 97.7, "trend": 72.282511, "fair_value": 103.656634, "relative_strength": -26.754783, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "down", "direction": -30.555566, "energy": 20.833168, "activity_lines": [ 71.264375, 71.155381, 69.115262, 69.883849 ] }, { "date": "2025-04-11", "close": 60.443798, "volume": 875, "typical_volume": 141.45, "trend": 71.678874, "fair_value": 103.126487, "relative_strength": -25.16758, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -50.97184, "energy": 29.815071, "activity_lines": [ 66.961661, 69.388623, 68.373918, 69.120061 ] }, { "date": "2025-04-18", "close": 61.213173, "volume": 16, "typical_volume": 142.25, "trend": 71.098319, "fair_value": 102.613212, "relative_strength": -27.23048, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -51.660195, "energy": 41.620649, "activity_lines": [ 63.821342, 67.823476, 67.741521, 68.444854 ] }, { "date": "2025-04-25", "close": 66.069832, "volume": 200, "typical_volume": 135.3, "trend": 70.448841, "fair_value": 102.252552, "relative_strength": -23.555193, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -53.897066, "energy": 43.807779, "activity_lines": [ 63.525134, 67.232808, 67.6045, 68.120436 ] }, { "date": "2025-05-02", "close": 65.204292, "volume": 0, "typical_volume": 119.0, "trend": 69.648053, "fair_value": 101.840917, "relative_strength": -24.891538, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -52.970948, "energy": 48.403541, "activity_lines": [ 63.693115, 66.574296, 67.404922, 67.782078 ] }, { "date": "2025-05-09", "close": 64.5, "volume": 125, "typical_volume": 125.25, "trend": 68.878286, "fair_value": 101.439823, "relative_strength": -28.246639, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -50.079604, "energy": 35.121499, "activity_lines": [ 64.293121, 65.827598, 67.154205, 67.449945 ] }, { "date": "2025-05-16", "close": 64.300003, "volume": 40, "typical_volume": 127.25, "trend": 68.305094, "fair_value": 100.988647, "relative_strength": -29.74593, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -48.831506, "energy": 25.174119, "activity_lines": [ 64.564382, 65.078675, 66.887153, 67.154572 ] }, { "date": "2025-05-23", "close": 61.200001, "volume": 0, "typical_volume": 119.75, "trend": 67.637546, "fair_value": 100.463332, "relative_strength": -31.526248, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -58.503781, "energy": 31.345172, "activity_lines": [ 63.545229, 63.943076, 66.339428, 66.696179 ] }, { "date": "2025-05-30", "close": 62.799999, "volume": 0, "typical_volume": 119.75, "trend": 67.220161, "fair_value": 99.901098, "relative_strength": -29.602951, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -51.762005, "energy": 29.925717, "activity_lines": [ 63.060287, 63.432778, 65.975516, 66.384079 ] }, { "date": "2025-06-06", "close": 62.700001, "volume": 0, "typical_volume": 114.75, "trend": 66.828936, "fair_value": 99.393034, "relative_strength": -29.232435, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -53.721489, "energy": 37.581427, "activity_lines": [ 62.760001, 63.169032, 65.599058, 66.092456 ] }, { "date": "2025-06-13", "close": 61.299999, "volume": 7, "typical_volume": 110.65, "trend": 66.476317, "fair_value": 98.926717, "relative_strength": -28.486547, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -59.728036, "energy": 47.331047, "activity_lines": [ 62.16, 62.878124, 65.091208, 65.73575 ] }, { "date": "2025-06-20", "close": 60.25, "volume": 100, "typical_volume": 108.4, "trend": 66.220131, "fair_value": 98.54775, "relative_strength": -28.479588, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.536718, "energy": 47.890757, "activity_lines": [ 61.423333, 62.383013, 64.489586, 65.334052 ] }, { "date": "2025-06-27", "close": 64.050003, "volume": 60, "typical_volume": 104.4, "trend": 66.084842, "fair_value": 98.217139, "relative_strength": -24.471157, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -52.917538, "energy": 32.210253, "activity_lines": [ 62.223334, 62.582336, 64.266957, 65.194044 ] }, { "date": "2025-07-04", "close": 63.5, "volume": 0, "typical_volume": 102.15, "trend": 65.860053, "fair_value": 97.894728, "relative_strength": -23.572579, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -41.863504, "energy": 24.844327, "activity_lines": [ 62.650001, 62.630079, 64.002389, 65.02728 ] }, { "date": "2025-07-11", "close": 69.0, "volume": 100, "typical_volume": 107.15, "trend": 65.875018, "fair_value": 97.613573, "relative_strength": -17.790542, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -12.05147, "energy": 10.926637, "activity_lines": [ 64.863334, 63.724546, 64.297316, 65.229857 ] }, { "date": "2025-07-18", "close": 66.099998, "volume": 257, "typical_volume": 120.0, "trend": 65.909363, "fair_value": 97.270742, "relative_strength": -20.351296, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -19.718633, "energy": 18.906674, "activity_lines": [ 65.69, 64.222727, 64.308419, 65.244372 ] }, { "date": "2025-07-25", "close": 70.550003, "volume": 67, "typical_volume": 123.35, "trend": 66.015746, "fair_value": 96.928622, "relative_strength": -15.738933, "stage": 1, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "mixed", "direction": 28.502598, "energy": 32.459994, "activity_lines": [ 67.680001, 65.50091, 64.744653, 65.543768 ] }, { "date": "2025-08-01", "close": 63.950001, "volume": 0, "typical_volume": 101.75, "trend": 65.887382, "fair_value": 96.509834, "relative_strength": -20.811767, "stage": 1, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "mixed", "direction": 9.206244, "energy": 18.737244, "activity_lines": [ 66.783334, 65.465455, 64.568901, 65.410494 ] }, { "date": "2025-08-08", "close": 67.050003, "volume": 0, "typical_volume": 97.6, "trend": 66.050206, "fair_value": 96.10601, "relative_strength": -20.898598, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 13.173093, "energy": 21.599395, "activity_lines": [ 66.926668, 65.943637, 64.762871, 65.485502 ] }, { "date": "2025-08-15", "close": 66.5, "volume": 0, "typical_volume": 97.6, "trend": 66.163281, "fair_value": 95.729747, "relative_strength": -22.825214, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 11.471898, "energy": 15.159954, "activity_lines": [ 66.650001, 66.244546, 64.953557, 65.514521 ] }, { "date": "2025-08-22", "close": 69.150002, "volume": 0, "typical_volume": 92.35, "trend": 66.381359, "fair_value": 95.420103, "relative_strength": -18.004733, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 20.219433, "energy": 14.159984, "activity_lines": [ 67.423335, 66.958183, 65.438081, 65.707213 ] }, { "date": "2025-08-29", "close": 65.349998, "volume": 0, "typical_volume": 48.6, "trend": 66.431738, "fair_value": 95.065919, "relative_strength": -18.892069, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -2.198684, "energy": 7.18352, "activity_lines": [ 66.726667, 66.838182, 65.519837, 65.640674 ] }, { "date": "2025-09-05", "close": 63.849998, "volume": 100, "typical_volume": 52.8, "trend": 66.351973, "fair_value": 94.664216, "relative_strength": -19.792264, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -15.657795, "energy": 7.190226, "activity_lines": [ 65.876666, 66.352727, 65.435374, 65.47411 ] }, { "date": "2025-09-12", "close": 62.700001, "volume": 0, "typical_volume": 42.8, "trend": 66.075513, "fair_value": 94.359311, "relative_strength": -21.364509, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -40.197314, "energy": 20.033091, "activity_lines": [ 64.65, 65.661818, 65.22883, 65.238499 ] }, { "date": "2025-09-19", "close": 63.200001, "volume": 0, "typical_volume": 42.8, "trend": 65.935613, "fair_value": 94.124967, "relative_strength": -19.678633, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -41.467328, "energy": 26.596622, "activity_lines": [ 63.88, 65.076364, 65.085953, 65.052982 ] }, { "date": "2025-09-26", "close": 64.050003, "volume": 0, "typical_volume": 36.55, "trend": 65.858027, "fair_value": 93.9577, "relative_strength": -18.147431, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -38.911759, "energy": 27.730649, "activity_lines": [ 63.613334, 64.75091, 65.033572, 64.931329 ] }, { "date": "2025-10-03", "close": 66.050003, "volume": 381, "typical_volume": 53.6, "trend": 65.591932, "fair_value": 93.812254, "relative_strength": -16.374533, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -31.232207, "energy": 18.972022, "activity_lines": [ 64.353335, 64.826365, 65.17381, 64.943715 ] }, { "date": "2025-10-10", "close": 64.449997, "volume": 0, "typical_volume": 53.6, "trend": 65.087214, "fair_value": 93.673458, "relative_strength": -15.80903, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -16.531841, "energy": 10.006783, "activity_lines": [ 64.513334, 64.692728, 65.153334, 64.870042 ] }, { "date": "2025-10-17", "close": 65.699997, "volume": 240, "typical_volume": 65.6, "trend": 64.698535, "fair_value": 93.473683, "relative_strength": -11.679814, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 28.619691, "energy": 12.759386, "activity_lines": [ 65.049999, 64.777273, 65.236429, 64.909576 ] }, { "date": "2025-10-24", "close": 69.800003, "volume": 525, "typical_volume": 91.85, "trend": 64.518331, "fair_value": 93.278919, "relative_strength": -7.087413, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 53.524155, "energy": 35.68324, "activity_lines": [ 66.753334, 65.631819, 65.696191, 65.238703 ] }, { "date": "2025-10-31", "close": 68.650002, "volume": 172, "typical_volume": 100.1, "trend": 64.787704, "fair_value": 93.076239, "relative_strength": -10.560159, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 59.551252, "energy": 54.617769, "activity_lines": [ 67.633334, 66.217273, 66.01262, 65.505263 ] }, { "date": "2025-11-07", "close": 67.849998, "volume": 293, "typical_volume": 109.75, "trend": 65.034577, "fair_value": 92.827798, "relative_strength": -9.87179, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 53.796883, "energy": 55.673187, "activity_lines": [ 67.94, 66.666364, 66.217858, 65.70283 ] }, { "date": "2025-11-14", "close": 68.949997, "volume": 166, "typical_volume": 115.05, "trend": 65.292471, "fair_value": 92.588318, "relative_strength": -9.623449, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 58.418768, "energy": 59.910498, "activity_lines": [ 68.493332, 67.27, 66.491667, 65.955438 ] }, { "date": "2025-11-21", "close": 67.650002, "volume": 151, "typical_volume": 122.6, "trend": 65.345144, "fair_value": 92.336959, "relative_strength": -9.573615, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 53.961257, "energy": 44.953671, "activity_lines": [ 68.313333, 67.544545, 66.618334, 66.107536 ] }, { "date": "2025-11-28", "close": 65.550003, "volume": 0, "typical_volume": 117.6, "trend": 65.356667, "fair_value": 92.076502, "relative_strength": -15.598903, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 32.726151, "energy": 18.805846, "activity_lines": [ 67.303334, 67.347273, 66.525239, 66.120753 ] }, { "date": "2025-12-05", "close": 67.099998, "volume": 0, "typical_volume": 104.75, "trend": 65.443334, "fair_value": 91.839342, "relative_strength": -14.146809, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 33.516169, "energy": 16.555954, "activity_lines": [ 67.093333, 67.389091, 66.596191, 66.233226 ] }, { "date": "2025-12-12", "close": 69.800003, "volume": 23, "typical_volume": 102.55, "trend": 65.626667, "fair_value": 91.606402, "relative_strength": -10.493254, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 56.774354, "energy": 25.54121, "activity_lines": [ 67.886668, 67.866364, 66.919524, 66.514302 ] }, { "date": "2025-12-19", "close": 67.75, "volume": 0, "typical_volume": 102.55, "trend": 65.845, "fair_value": 91.371227, "relative_strength": -14.74646, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 34.452424, "energy": 17.219172, "activity_lines": [ 67.866668, 67.902728, 67.051191, 66.651291 ] }, { "date": "2025-12-26", "close": 66.949997, "volume": 0, "typical_volume": 102.55, "trend": 65.983334, "fair_value": 91.149741, "relative_strength": -15.334978, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 33.23269, "energy": 18.604898, "activity_lines": [ 67.66, 67.733636, 67.088572, 66.722581 ] }, { "date": "2026-01-02", "close": 71.400002, "volume": 0, "typical_volume": 102.55, "trend": 66.273334, "fair_value": 90.986504, "relative_strength": -10.87647, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.248208, "energy": 45.960458, "activity_lines": [ 68.983333, 68.350909, 67.550238, 67.072043 ] }, { "date": "2026-01-09", "close": 70.400002, "volume": 0, "typical_volume": 102.55, "trend": 66.576667, "fair_value": 90.706961, "relative_strength": -12.513072, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 57.520667, "energy": 45.159579, "activity_lines": [ 69.583334, 68.757273, 67.893334, 67.33828 ] }, { "date": "2026-01-16", "close": 71.25, "volume": 725, "typical_volume": 138.8, "trend": 66.943334, "fair_value": 90.433139, "relative_strength": -12.126467, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.796084, "energy": 53.23993, "activity_lines": [ 70.246667, 69.286364, 68.311429, 67.639785 ] }, { "date": "2026-01-23", "close": 72.949997, "volume": 0, "typical_volume": 133.8, "trend": 67.24, "fair_value": 90.16176, "relative_strength": -10.470037, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.646485, "energy": 64.090564, "activity_lines": [ 71.379999, 70.062727, 68.863333, 68.027312 ] }, { "date": "2026-01-30", "close": 68.650002, "volume": 297, "typical_volume": 148.65, "trend": 67.411667, "fair_value": 89.786463, "relative_strength": -16.571811, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 53.534145, "energy": 38.023349, "activity_lines": [ 70.733334, 69.984546, 68.962381, 68.11828 ] }, { "date": "2026-02-06", "close": 75.349998, "volume": 460, "typical_volume": 171.65, "trend": 67.623334, "fair_value": 89.508927, "relative_strength": -8.959205, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 72.641353, "energy": 50.773997, "activity_lines": [ 72.206666, 71.106363, 69.67119, 68.63043 ] }, { "date": "2026-02-13", "close": 80.0, "volume": 130, "typical_volume": 178.15, "trend": 68.086667, "fair_value": 89.243472, "relative_strength": -2.196261, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 82.190407, "energy": 69.887122, "activity_lines": [ 74.966666, 72.895454, 70.765, 69.428925 ] }, { "date": "2026-02-20", "close": 79.150002, "volume": 0, "typical_volume": 159.1, "trend": 68.373334, "fair_value": 88.912304, "relative_strength": -5.940489, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 74.778039, "energy": 73.003489, "activity_lines": [ 76.803334, 74.295455, 71.701905, 70.142688 ] }, { "date": "2026-02-27", "close": 81.300003, "volume": 147, "typical_volume": 166.45, "trend": 68.951667, "fair_value": 88.579373, "relative_strength": -1.365544, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 77.337788, "energy": 82.371568, "activity_lines": [ 78.830001, 75.916364, 72.781191, 70.976667 ] }, { "date": "2026-03-06", "close": 66.650002, "volume": 0, "typical_volume": 154.45, "trend": 68.938334, "fair_value": 88.191528, "relative_strength": -14.117052, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 39.759359, "energy": 34.850501, "activity_lines": [ 75.416668, 74.627274, 72.385001, 70.828173 ] }, { "date": "2026-03-13", "close": 79.900002, "volume": 385, "typical_volume": 147.45, "trend": 69.385, "fair_value": 87.904708, "relative_strength": 6.180992, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.165062, "energy": 39.443422, "activity_lines": [ 76.553335, 75.752728, 73.246191, 71.535377 ] }, { "date": "2026-03-20", "close": 70.349998, "volume": 147, "typical_volume": 146.2, "trend": 69.425, "fair_value": 87.582303, "relative_strength": -4.68983, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 31.296034, "energy": 16.124248, "activity_lines": [ 74.203334, 74.987273, 73.149762, 71.597635 ] }, { "date": "2026-03-27", "close": 81.150002, "volume": 0, "typical_volume": 131.55, "trend": 69.951667, "fair_value": 87.287134, "relative_strength": 8.742189, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 49.324037, "energy": 21.55403, "activity_lines": [ 76.096668, 76.186365, 74.07381, 72.354087 ] }, { "date": "2026-04-03", "close": 81.75, "volume": 0, "typical_volume": 123.25, "trend": 70.548334, "fair_value": 87.042442, "relative_strength": 5.961324, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 60.40814, "energy": 35.270689, "activity_lines": [ 78.056667, 77.314546, 74.991667, 73.115269 ] }, { "date": "2026-04-10", "close": 91.5, "volume": 122, "typical_volume": 121.8, "trend": 71.508334, "fair_value": 86.835162, "relative_strength": 11.410145, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 74.40726, "energy": 58.346165, "activity_lines": [ 83.236667, 80.055455, 76.777143, 74.46699 ] }, { "date": "2026-04-17", "close": 93.199997, "volume": 0, "typical_volume": 121.8, "trend": 72.508334, "fair_value": 86.632235, "relative_strength": 10.734944, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 76.581793, "energy": 76.378288, "activity_lines": [ 87.326666, 82.69, 78.610953, 75.866452 ] }, { "date": "2026-04-24", "close": 95.800003, "volume": 123, "typical_volume": 127.95, "trend": 73.566667, "fair_value": 86.482516, "relative_strength": 17.795767, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 75.370413, "energy": 81.286679, "activity_lines": [ 91.396667, 85.472728, 80.560715, 77.36914 ] }, { "date": "2026-05-01", "close": 93.75, "volume": 122, "typical_volume": 132.9, "trend": 74.49, "fair_value": 86.30193, "relative_strength": 14.407177, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 68.65479, "energy": 79.373257, "activity_lines": [ 93.086667, 87.595455, 82.178572, 78.671291 ] }, { "date": "2026-05-08", "close": 94.199997, "volume": 8, "typical_volume": 133.3, "trend": 75.481667, "fair_value": 86.137591, "relative_strength": 13.05735, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.835051, "energy": 76.068201, "activity_lines": [ 94.086666, 89.534545, 83.725238, 79.942903 ] }, { "date": "2026-05-15", "close": 99.199997, "volume": 0, "typical_volume": 133.3, "trend": 76.598334, "fair_value": 86.009811, "relative_strength": 19.145213, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 75.394944, "energy": 75.149649, "activity_lines": [ 95.923332, 92.148181, 85.622143, 81.473118 ] }, { "date": "2026-05-22", "close": 102.599998, "volume": 122, "typical_volume": 139.4, "trend": 77.691667, "fair_value": 85.900235, "relative_strength": 20.18069, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 76.994982, "energy": 65.797991, "activity_lines": [ 98.379998, 94.788181, 87.689285, 83.150645 ] }, { "date": "2026-05-29", "close": 100.5, "volume": 0, "typical_volume": 139.4, "trend": 78.753333, "fair_value": 85.78019, "relative_strength": 14.208297, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 68.488895, "energy": 58.591, "activity_lines": [ 99.509998, 96.633635, 89.407857, 84.62215 ] }, { "date": "2026-06-05", "close": 97.099998, "volume": 0, "typical_volume": 103.15, "trend": 79.728333, "fair_value": 85.704484, "relative_strength": 11.238978, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 64.444931, "energy": 55.565505, "activity_lines": [ 99.193332, 97.312726, 90.659285, 85.805806 ] }, { "date": "2026-06-12", "close": 94.199997, "volume": 0, "typical_volume": 103.15, "trend": 80.57, "fair_value": 85.560512, "relative_strength": 4.770178, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 61.697743, "energy": 51.101892, "activity_lines": [ 97.686665, 97.174544, 91.511428, 86.739462 ] }, { "date": "2026-06-19", "close": 98.0, "volume": 0, "typical_volume": 88.3, "trend": 81.581667, "fair_value": 85.466934, "relative_strength": 4.351314, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 52.350628, "energy": 43.157735, "activity_lines": [ 97.446665, 97.500908, 92.624285, 87.863978 ] }, { "date": "2026-06-26", "close": 92.0, "volume": 0, "typical_volume": 65.3, "trend": 82.463333, "fair_value": 85.309758, "relative_strength": -0.162991, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 44.22278, "energy": 31.401267, "activity_lines": [ 95.286666, 96.618181, 93.025952, 88.536129 ] }, { "date": "2026-07-03", "close": 94.699997, "volume": 10, "typical_volume": 59.3, "trend": 83.383333, "fair_value": 85.16181, "relative_strength": 0.274764, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 40.159221, "energy": 25.621087, "activity_lines": [ 94.733332, 96.24818, 93.605475, 89.325591 ] }, { "date": "2026-07-10", "close": 91.599998, "volume": 113, "typical_volume": 64.95, "trend": 84.11, "fair_value": 84.95838, "relative_strength": -1.62932, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 35.281816, "energy": 21.419349, "activity_lines": [ 93.533332, 95.334544, 93.819761, 89.855698 ] }, { "date": "2026-07-17", "close": 88.900002, "volume": 339, "typical_volume": 74.55, "trend": 84.815, "fair_value": 84.712505, "relative_strength": -2.628919, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 21.378258, "energy": 20.081501, "activity_lines": [ 91.8, 93.96909, 93.717618, 90.164731 ] }, { "date": "2026-07-24", "close": 88.449997, "volume": 0, "typical_volume": 74.55, "trend": 85.531666, "fair_value": 84.432325, "relative_strength": -4.266352, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 4.261701, "energy": 14.113, "activity_lines": [ 90.269999, 92.618181, 93.536427, 90.399247 ] }, { "date": "2026-07-31", "close": 88.75, "volume": 901, "typical_volume": 100.35, "trend": 86.11, "fair_value": 84.172023, "relative_strength": -3.893848, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 1.863584, "energy": 16.728111, "activity_lines": [ 89.476666, 91.517272, 93.279999, 90.606881 ] }, { "date": "2026-08-07", "close": 94.699997, "volume": 0, "typical_volume": 93.0, "trend": 86.919999, "fair_value": 83.957044, "relative_strength": -0.457851, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 13.840718, "energy": 14.804244, "activity_lines": [ 90.883332, 91.749999, 93.548094, 91.161074 ] } ], "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." } } }