{ "ticker": { "uuid": "28184b0a-b3c4-4c74-b682-22d7e562edd8", "symbol": "7566", "name": "Argo Yachts Development Co.,Ltd.", "exchange": "TWO", "country": "TW", "assetType": "equity" }, "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.", "analysis": { "eligible": true, "as_of": "2026-08-14", "benchmark": "^TWII", "stage": 4, "stage_name": "Declining", "phase": "4b", "phase_label": "Stage 4B \u00b7 Declining", "transition": "stage_4_declining", "transition_label": "Stage 4 decline intact", "confidence": 96.0, "architecture_regime": "downward_expansion", "architecture_regime_label": "Downward Expansion", "architecture_modifier": "Established contraction", "architecture_gate": "down", "architecture_direction": -60.841, "architecture_energy": 49.598, "architecture_maturity": 100.0, "architecture_confidence": 94.416, "architecture_tenure": "Extended", "architecture": { "interpretation": { "headline": "The weekly architecture is expanding downward.", "body": "Trend and Activity show sustained negative alignment with weak price acceptance. Repair requires persistent improvement across the structure, not merely one strong observation." }, "scores": { "balance": 13.59, "rotation_up": 26.71, "upward_expansion": 8.04, "deceleration": 55.2, "rotation_down": 50.48, "downward_expansion": 81.37 }, "activity_lines": [ 11.803333, 11.886746, 12.335275, 12.894397 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": -0.666667 }, "latest_close": 12.15, "trend_reference": 13.682456, "distance_from_trend": -0.112002, "trend_direction": "Weakening", "fair_value": 23.183308, "distance_from_fair_value": -0.475916, "fair_value_direction": "Improving", "relative_strength": -45.583609, "relative_strength_direction": "Improving", "price_momentum": -0.240625, "excess_performance": -0.681997, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.112002, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.08611, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.475916, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": true, "value": 0.007752, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.455836, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.047527, "read": "Improving" }, { "label": "Price momentum", "positive": false, "value": -0.240625, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.770446, "read": "Supply-led" } ], "volume": { "latest": 721818, "relative_activity": 0.794769, "balance": 0.770446, "dry_up": 0.696779, "accumulation_observations": 1, "distribution_observations": 4 }, "risk": { "range_context": 0.060912, "annualized_volatility": 0.219879, "from_high_reference": -0.441379, "from_low_reference": 0.084821 }, "levels": { "trend_reference": 13.682456, "fair_value_reference": 23.183308, "structural_low": 11.2, "invalidation": "Reclaiming a flat-to-rising Trend with improving relative strength is required before the declining diagnosis is repaired." }, "outcomes": [ { "horizon": "Near term", "sample_count": 41, "median_return": -0.024845, "positive_rate": 0.365854, "directional_follow_through": 0.634146, "median_excess_return": -0.022431, "regime_survival": 0.878049, "best_return": 0.18639, "worst_return": -0.163366, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 12, "median_return": -0.072595, "positive_rate": 0.333333, "directional_follow_through": 0.666667, "median_excess_return": -0.085715, "regime_survival": 0.75, "best_return": 0.089744, "worst_return": -0.251765, "sufficient": true }, { "horizon": "Extended", "sample_count": 6, "median_return": -0.088425, "positive_rate": 0.166667, "directional_follow_through": 0.833333, "median_excess_return": -0.132332, "regime_survival": 0.5, "best_return": 0.071124, "worst_return": -0.291765, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 4, "median_return": -0.258818, "positive_rate": 0.0, "directional_follow_through": 1.0, "median_excess_return": -0.456208, "regime_survival": 0.75, "best_return": -0.039541, "worst_return": -0.348525, "sufficient": false } ], "ledger": [ { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2023-07-14", "end": "2023-07-28", "tenure": "New", "return": 0.041238, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2023-08-04", "end": "2024-01-26", "tenure": "Established", "return": -0.096916, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-02-02", "end": "2024-02-16", "tenure": "New", "return": 0.012618, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2024-02-23", "end": "2024-03-08", "tenure": "New", "return": -0.027104, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-03-15", "end": "2024-04-05", "tenure": "New", "return": -0.088278, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-04-12", "end": "2024-04-26", "tenure": "New", "return": -0.026144, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2024-05-03", "end": "2024-05-17", "tenure": "New", "return": 0.0033, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-05-24", "end": "2024-06-14", "tenure": "New", "return": 0.045075, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2024-06-21", "end": "2024-12-13", "tenure": "Established", "return": -0.09916, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2024-12-20", "end": "2025-01-24", "tenure": "Developing", "return": -0.051786, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-02-07", "end": "2025-03-07", "tenure": "Developing", "return": -0.05848, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-03-14", "end": "2025-10-03", "tenure": "Extended", "return": -0.1841, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-10-10", "end": "2025-10-24", "tenure": "New", "return": -0.072581, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-10-31", "end": "2026-08-14", "tenure": "Extended", "return": -0.289474, "active": true } ], "chart_path": [ { "date": "2023-08-11", "close": 33.19397, "volume": 499916, "typical_volume": 901983.5, "trend": 35.628934, "fair_value": 35.328303, "relative_strength": -12.149033, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.012826, "energy": 47.4851, "activity_lines": [ 33.795178, 34.125301, 34.834132, 35.27521 ] }, { "date": "2023-08-18", "close": 32.317883, "volume": 470153, "typical_volume": 897224.5, "trend": 35.570529, "fair_value": 35.27233, "relative_strength": -13.046895, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -71.922545, "energy": 50.324004, "activity_lines": [ 33.316498, 33.712415, 34.545215, 35.061594 ] }, { "date": "2023-08-25", "close": 32.366554, "volume": 291550, "typical_volume": 905629.6, "trend": 35.461211, "fair_value": 35.223209, "relative_strength": -13.177433, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -68.607007, "energy": 62.39094, "activity_lines": [ 32.921409, 33.38659, 34.281639, 34.854886 ] }, { "date": "2023-09-01", "close": 32.415222, "volume": 296926, "typical_volume": 867383.55, "trend": 35.372057, "fair_value": 35.177922, "relative_strength": -13.576776, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.826426, "energy": 68.287043, "activity_lines": [ 32.606666, 33.127556, 34.041184, 34.65837 ] }, { "date": "2023-09-08", "close": 32.707253, "volume": 187848, "typical_volume": 822962.55, "trend": 35.281822, "fair_value": 35.170481, "relative_strength": -12.114784, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.495988, "energy": 64.996024, "activity_lines": [ 32.54177, 32.971934, 33.85099, 34.486447 ] }, { "date": "2023-09-15", "close": 31.928509, "volume": 518753, "typical_volume": 806074.95, "trend": 35.156357, "fair_value": 35.169621, "relative_strength": -15.545922, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -68.754055, "energy": 62.333631, "activity_lines": [ 32.317881, 32.734054, 33.606804, 34.270105 ] }, { "date": "2023-09-22", "close": 31.247108, "volume": 481579, "typical_volume": 810514.9, "trend": 34.961826, "fair_value": 35.154329, "relative_strength": -14.024797, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -73.367947, "energy": 61.143864, "activity_lines": [ 31.951222, 32.406164, 33.314544, 34.017895 ] }, { "date": "2023-09-29", "close": 31.441793, "volume": 278511, "typical_volume": 793955.95, "trend": 34.762968, "fair_value": 35.149594, "relative_strength": -13.112745, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.719444, "energy": 58.855219, "activity_lines": [ 31.720843, 32.151513, 33.061109, 33.790796 ] }, { "date": "2023-10-06", "close": 31.247108, "volume": 218788, "typical_volume": 784329.8, "trend": 34.55144, "fair_value": 35.138831, "relative_strength": -14.031979, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -70.525923, "energy": 77.244881, "activity_lines": [ 31.48722, 31.895766, 32.805623, 33.563966 ] }, { "date": "2023-10-13", "close": 31.149765, "volume": 90628, "typical_volume": 745569.8, "trend": 34.36448, "fair_value": 35.135997, "relative_strength": -15.147583, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -69.805765, "energy": 81.941796, "activity_lines": [ 31.299024, 31.685151, 32.560267, 33.344504 ] }, { "date": "2023-10-20", "close": 31.247108, "volume": 184074, "typical_volume": 704566.5, "trend": 34.169948, "fair_value": 35.130014, "relative_strength": -12.584192, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.436624, "energy": 77.132893, "activity_lines": [ 31.247108, 31.547986, 32.346256, 33.143383 ] }, { "date": "2023-10-27", "close": 29.202904, "volume": 886516, "typical_volume": 716917.65, "trend": 33.921182, "fair_value": 35.110927, "relative_strength": -16.180774, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -90.48837, "energy": 91.824208, "activity_lines": [ 30.559217, 31.074545, 31.965791, 32.822928 ] }, { "date": "2023-11-03", "close": 30.371021, "volume": 586543, "typical_volume": 717610.5, "trend": 33.72526, "fair_value": 35.095051, "relative_strength": -14.237527, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.465989, "energy": 70.03599, "activity_lines": [ 30.396979, 30.870125, 31.731892, 32.593886 ] }, { "date": "2023-11-10", "close": 30.273678, "volume": 549636, "typical_volume": 732947.85, "trend": 33.496736, "fair_value": 35.066728, "relative_strength": -14.885195, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.747142, "energy": 62.697353, "activity_lines": [ 30.273678, 30.684288, 31.5134, 32.371203 ] }, { "date": "2023-11-17", "close": 29.689619, "volume": 470296, "typical_volume": 678264.2, "trend": 33.254924, "fair_value": 35.025604, "relative_strength": -18.719375, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -71.997825, "energy": 63.609795, "activity_lines": [ 30.020586, 30.431196, 31.262658, 32.125583 ] }, { "date": "2023-11-24", "close": 29.348919, "volume": 394679, "typical_volume": 457024.15, "trend": 33.051199, "fair_value": 34.988837, "relative_strength": -19.689519, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -72.825338, "energy": 62.524621, "activity_lines": [ 29.75127, 30.171025, 31.009379, 31.873582 ] }, { "date": "2023-12-01", "close": 29.300247, "volume": 347396, "typical_volume": 410808.95, "trend": 32.844306, "fair_value": 34.953937, "relative_strength": -20.238269, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -72.493748, "energy": 63.253471, "activity_lines": [ 29.592276, 29.948906, 30.772621, 31.631585 ] }, { "date": "2023-12-08", "close": 29.835634, "volume": 1448541, "typical_volume": 457519.9, "trend": 32.675346, "fair_value": 34.918909, "relative_strength": -18.185276, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.657551, "energy": 54.491271, "activity_lines": [ 29.605255, 29.859527, 30.606034, 31.437478 ] }, { "date": "2023-12-15", "close": 30.371021, "volume": 1486800, "typical_volume": 501622.5, "trend": 32.510327, "fair_value": 34.897484, "relative_strength": -17.714929, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -57.861031, "energy": 44.662055, "activity_lines": [ 29.832389, 29.896695, 30.507069, 31.288811 ] }, { "date": "2023-12-22", "close": 30.517035, "volume": 569628, "typical_volume": 512938.05, "trend": 32.334723, "fair_value": 34.881062, "relative_strength": -16.587741, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -44.234648, "energy": 31.843348, "activity_lines": [ 30.101705, 29.976339, 30.442637, 31.160212 ] }, { "date": "2023-12-29", "close": 30.75, "volume": 968900, "typical_volume": 536387.25, "trend": 32.120531, "fair_value": 34.865879, "relative_strength": -17.13904, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -36.00565, "energy": 19.411871, "activity_lines": [ 30.393515, 30.109845, 30.418007, 31.057972 ] }, { "date": "2024-01-05", "close": 30.0, "volume": 474045, "typical_volume": 536581.85, "trend": 31.89988, "fair_value": 34.845635, "relative_strength": -16.883847, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -36.495213, "energy": 19.387485, "activity_lines": [ 30.341919, 30.116025, 30.333586, 30.921163 ] }, { "date": "2024-01-12", "close": 29.75, "volume": 1321430, "typical_volume": 588075.85, "trend": 31.706435, "fair_value": 34.824805, "relative_strength": -17.089419, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -40.319066, "energy": 19.971146, "activity_lines": [ 30.160339, 30.062258, 30.236393, 30.782461 ] }, { "date": "2024-01-19", "close": 30.0, "volume": 1743926, "typical_volume": 660425.85, "trend": 31.533683, "fair_value": 34.806086, "relative_strength": -16.720099, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -37.518842, "energy": 19.787165, "activity_lines": [ 30.067802, 30.065237, 30.17547, 30.672369 ] }, { "date": "2024-01-26", "close": 30.9, "volume": 1962313, "typical_volume": 749149.1, "trend": 31.364664, "fair_value": 34.796441, "relative_strength": -15.179758, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -19.695824, "energy": 12.073803, "activity_lines": [ 30.3, 30.236829, 30.211762, 30.631486 ] }, { "date": "2024-02-02", "close": 31.700001, "volume": 866126, "typical_volume": 766517.75, "trend": 31.294933, "fair_value": 34.800315, "relative_strength": -12.887928, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -2.37427, "energy": 6.257037, "activity_lines": [ 30.773334, 30.531868, 30.33285, 30.653121 ] }, { "date": "2024-02-09", "close": 31.549999, "volume": 219849, "typical_volume": 753431.25, "trend": 31.235653, "fair_value": 34.806278, "relative_strength": -13.034534, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -3.081737, "energy": 13.4, "activity_lines": [ 31.133333, 30.756887, 30.44074, 30.669576 ] }, { "date": "2024-02-16", "close": 32.099998, "volume": 367092, "typical_volume": 757860.3, "trend": 31.194707, "fair_value": 34.815767, "relative_strength": -13.467317, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 24.841367, "energy": 39.008424, "activity_lines": [ 31.573333, 31.041001, 30.59957, 30.725341 ] }, { "date": "2024-02-23", "close": 35.049999, "volume": 3189788, "typical_volume": 906410.3, "trend": 31.206281, "fair_value": 34.852048, "relative_strength": -6.441202, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 55.663788, "energy": 64.672196, "activity_lines": [ 32.839999, 31.820309, 31.036217, 30.974069 ] }, { "date": "2024-03-01", "close": 35.099998, "volume": 1569078, "typical_volume": 980332.8, "trend": 31.235745, "fair_value": 34.891447, "relative_strength": -6.044313, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 52.836646, "energy": 68.978831, "activity_lines": [ 33.786665, 32.523636, 31.459517, 31.225277 ] }, { "date": "2024-03-08", "close": 34.099998, "volume": 1553151, "typical_volume": 1048786.65, "trend": 31.265946, "fair_value": 34.89901, "relative_strength": -12.041498, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 64.455218, "energy": 74.442329, "activity_lines": [ 34.119998, 32.961817, 31.768768, 31.410067 ] }, { "date": "2024-03-15", "close": 34.549999, "volume": 920379, "typical_volume": 1050479.8, "trend": 31.34035, "fair_value": 34.910474, "relative_strength": -9.863742, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.535769, "energy": 76.294058, "activity_lines": [ 34.443332, 33.420908, 32.107292, 31.621942 ] }, { "date": "2024-03-22", "close": 34.950001, "volume": 604317, "typical_volume": 1051368.5, "trend": 31.426465, "fair_value": 34.923486, "relative_strength": -10.75011, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.478467, "energy": 71.209921, "activity_lines": [ 34.699999, 33.869999, 32.458448, 31.854822 ] }, { "date": "2024-03-29", "close": 31.700001, "volume": 1845447, "typical_volume": 1116159.05, "trend": 31.402624, "fair_value": 34.916427, "relative_strength": -18.708213, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 52.715827, "energy": 35.590918, "activity_lines": [ 33.683333, 33.633636, 32.478276, 31.87247 ] }, { "date": "2024-04-05", "close": 31.5, "volume": 768656, "typical_volume": 1131077.05, "trend": 31.362382, "fair_value": 34.905798, "relative_strength": -18.790976, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 31.506008, "energy": 18.12479, "activity_lines": [ 32.823334, 33.33, 32.472264, 31.878752 ] }, { "date": "2024-04-12", "close": 30.6, "volume": 2035674, "typical_volume": 1213126.8, "trend": 31.318098, "fair_value": 34.892197, "relative_strength": -21.956067, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 9.896946, "energy": 17.367468, "activity_lines": [ 31.903334, 32.851818, 32.371917, 31.829566 ] }, { "date": "2024-04-19", "close": 29.799999, "volume": 881329, "typical_volume": 1239823.45, "trend": 31.269861, "fair_value": 34.868127, "relative_strength": -18.59212, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -19.214059, "energy": 30.769535, "activity_lines": [ 30.95, 32.248181, 32.189422, 31.731624 ] }, { "date": "2024-04-26", "close": 29.799999, "volume": 534255, "typical_volume": 1194109.15, "trend": 31.215135, "fair_value": 34.834143, "relative_strength": -20.343277, "stage": 4, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -28.929894, "energy": 40.561195, "activity_lines": [ 30.313333, 31.676363, 32.004548, 31.636795 ] }, { "date": "2024-05-03", "close": 30.299999, "volume": 396995, "typical_volume": 1139618.9, "trend": 31.183565, "fair_value": 34.801329, "relative_strength": -19.189078, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -24.382534, "energy": 45.122274, "activity_lines": [ 30.186666, 31.237272, 31.867462, 31.577754 ] }, { "date": "2024-05-10", "close": 30.35, "volume": 784358, "typical_volume": 1150355.4, "trend": 31.156906, "fair_value": 34.775192, "relative_strength": -19.87858, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -22.558276, "energy": 45.578664, "activity_lines": [ 30.169999, 30.893636, 31.735476, 31.523975 ] }, { "date": "2024-05-17", "close": 30.4, "volume": 615950, "typical_volume": 1132707.9, "trend": 31.128669, "fair_value": 34.758275, "relative_strength": -21.197074, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -19.30806, "energy": 30.187501, "activity_lines": [ 30.246666, 30.645454, 31.609047, 31.475143 ] }, { "date": "2024-05-24", "close": 29.950001, "volume": 404223, "typical_volume": 1129216.8, "trend": 31.153572, "fair_value": 34.739235, "relative_strength": -22.830982, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -24.235482, "energy": 27.386874, "activity_lines": [ 30.186667, 30.382727, 31.441428, 31.399099 ] }, { "date": "2024-05-31", "close": 29.9, "volume": 657385, "typical_volume": 1096014.55, "trend": 31.137871, "fair_value": 34.727502, "relative_strength": -20.849086, "stage": 4, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -33.445088, "energy": 30.966039, "activity_lines": [ 30.1, 30.194545, 31.269285, 31.318224 ] }, { "date": "2024-06-07", "close": 29.450001, "volume": 665600, "typical_volume": 1042098.25, "trend": 31.110416, "fair_value": 34.712885, "relative_strength": -23.805908, "stage": 4, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -38.67626, "energy": 44.366817, "activity_lines": [ 29.856667, 30.016364, 31.053571, 31.209329 ] }, { "date": "2024-06-14", "close": 31.299999, "volume": 998439, "typical_volume": 993904.55, "trend": 31.164095, "fair_value": 34.710127, "relative_strength": -20.771781, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -14.085511, "energy": 18.333994, "activity_lines": [ 30.286667, 30.215454, 31.016666, 31.22156 ] }, { "date": "2024-06-21", "close": 29.75, "volume": 943175, "typical_volume": 997757.0, "trend": 31.177464, "fair_value": 34.668449, "relative_strength": -26.503142, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -49.235349, "energy": 29.354748, "activity_lines": [ 30.136667, 30.136364, 30.830238, 31.130328 ] }, { "date": "2024-06-28", "close": 29.35, "volume": 816344, "typical_volume": 1027581.75, "trend": 31.179123, "fair_value": 34.630562, "relative_strength": -26.099419, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.973744, "energy": 39.429423, "activity_lines": [ 29.896667, 30.0, 30.615, 31.012427 ] }, { "date": "2024-07-05", "close": 28.6, "volume": 853023, "typical_volume": 1051878.3, "trend": 31.137935, "fair_value": 34.58558, "relative_strength": -28.945934, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -72.909171, "energy": 48.955284, "activity_lines": [ 29.446667, 29.735455, 30.338809, 30.846032 ] }, { "date": "2024-07-12", "close": 29.0, "volume": 1072125, "typical_volume": 945995.15, "trend": 31.092234, "fair_value": 34.564519, "relative_strength": -28.461359, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.024796, "energy": 66.557174, "activity_lines": [ 29.216667, 29.565455, 30.117381, 30.708101 ] }, { "date": "2024-07-19", "close": 28.049999, "volume": 634325, "typical_volume": 899257.5, "trend": 31.01, "fair_value": 34.529994, "relative_strength": -27.030221, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -75.080981, "energy": 77.810485, "activity_lines": [ 28.7, 29.246363, 29.834286, 30.511828 ] }, { "date": "2024-07-26", "close": 28.1, "volume": 628921, "typical_volume": 853046.0, "trend": 30.921666, "fair_value": 34.483841, "relative_strength": -23.779236, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -71.432348, "energy": 75.087194, "activity_lines": [ 28.416666, 28.978182, 29.589524, 30.324086 ] }, { "date": "2024-08-02", "close": 27.6, "volume": 578244, "typical_volume": 835939.25, "trend": 30.841666, "fair_value": 34.386175, "relative_strength": -22.797575, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -74.626439, "energy": 75.038912, "activity_lines": [ 28.076666, 28.660909, 29.325714, 30.109785 ] }, { "date": "2024-08-09", "close": 27.450001, "volume": 1896722, "typical_volume": 900559.5, "trend": 30.765, "fair_value": 34.308905, "relative_strength": -21.957559, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -70.462873, "energy": 62.759571, "activity_lines": [ 27.803334, 28.359091, 29.080714, 29.890968 ] }, { "date": "2024-08-16", "close": 25.9, "volume": 584469, "typical_volume": 837510.6, "trend": 30.628333, "fair_value": 34.200341, "relative_strength": -28.582442, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -82.656803, "energy": 67.700556, "activity_lines": [ 27.09, 27.82, 28.72381, 29.577097 ] }, { "date": "2024-08-23", "close": 26.200001, "volume": 504039, "typical_volume": 824279.75, "trend": 30.471666, "fair_value": 34.128533, "relative_strength": -26.450454, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -73.490336, "energy": 65.924561, "activity_lines": [ 26.683334, 27.4, 28.423095, 29.291398 ] }, { "date": "2024-08-30", "close": 26.049999, "volume": 310617, "typical_volume": 738026.9, "trend": 30.283333, "fair_value": 34.053475, "relative_strength": -26.549684, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -70.861555, "energy": 61.711537, "activity_lines": [ 26.35, 27.045455, 28.133333, 29.006129 ] }, { "date": "2024-09-06", "close": 25.9, "volume": 302617, "typical_volume": 709091.3, "trend": 30.095, "fair_value": 33.952075, "relative_strength": -23.427844, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -69.661026, "energy": 69.393736, "activity_lines": [ 26.103333, 26.730909, 27.850952, 28.723333 ] }, { "date": "2024-09-13", "close": 25.799999, "volume": 496087, "typical_volume": 707182.9, "trend": 29.885, "fair_value": 33.855977, "relative_strength": -24.213185, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -68.575563, "energy": 63.871609, "activity_lines": [ 25.936666, 26.460909, 27.577619, 28.446236 ] }, { "date": "2024-09-20", "close": 26.0, "volume": 511209, "typical_volume": 712893.6, "trend": 29.583333, "fair_value": 33.78612, "relative_strength": -24.31653, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.433245, "energy": 58.110927, "activity_lines": [ 25.946666, 26.278182, 27.342381, 28.195591 ] }, { "date": "2024-09-27", "close": 25.9, "volume": 467296, "typical_volume": 697040.5, "trend": 29.276667, "fair_value": 33.714434, "relative_strength": -26.076599, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.940448, "energy": 53.679142, "activity_lines": [ 25.916666, 26.131818, 27.118095, 27.957957 ] }, { "date": "2024-10-04", "close": 26.049999, "volume": 224901, "typical_volume": 677488.05, "trend": 29.008333, "fair_value": 33.635389, "relative_strength": -23.218886, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -60.813495, "energy": 48.896782, "activity_lines": [ 25.956666, 26.051818, 26.929286, 27.749785 ] }, { "date": "2024-10-11", "close": 25.700001, "volume": 356852, "typical_volume": 675119.5, "trend": 28.713333, "fair_value": 33.563015, "relative_strength": -25.540714, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.695675, "energy": 48.174047, "activity_lines": [ 25.88, 25.945454, 26.727857, 27.536344 ] }, { "date": "2024-10-18", "close": 25.200001, "volume": 579991, "typical_volume": 671249.8, "trend": 28.388333, "fair_value": 33.48387, "relative_strength": -28.04991, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -69.700079, "energy": 51.675861, "activity_lines": [ 25.65, 25.782727, 26.499048, 27.309677 ] }, { "date": "2024-10-25", "close": 25.0, "volume": 606156, "typical_volume": 668277.6, "trend": 28.165, "fair_value": 33.407306, "relative_strength": -27.505458, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -69.936317, "energy": 54.290952, "activity_lines": [ 25.393334, 25.624546, 26.273571, 27.091075 ] }, { "date": "2024-11-01", "close": 24.9, "volume": 239011, "typical_volume": 630306.2, "trend": 27.945, "fair_value": 33.35001, "relative_strength": -25.267291, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -69.662715, "energy": 62.30956, "activity_lines": [ 25.17, 25.464546, 26.059762, 26.88043 ] }, { "date": "2024-11-08", "close": 24.35, "volume": 541895, "typical_volume": 610242.2, "trend": 27.736667, "fair_value": 33.267793, "relative_strength": -28.585743, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -78.632168, "energy": 85.109003, "activity_lines": [ 24.83, 25.228182, 25.824048, 26.648495 ] }, { "date": "2024-11-15", "close": 24.0, "volume": 638021, "typical_volume": 601326.05, "trend": 27.543333, "fair_value": 33.193733, "relative_strength": -26.447223, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -82.060563, "energy": 90.530715, "activity_lines": [ 24.486667, 24.959091, 25.580714, 26.407419 ] }, { "date": "2024-11-22", "close": 23.9, "volume": 297110, "typical_volume": 573530.4, "trend": 27.346667, "fair_value": 33.126758, "relative_strength": -26.626897, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -79.465316, "energy": 90.854579, "activity_lines": [ 24.223333, 24.706364, 25.353333, 26.172366 ] }, { "date": "2024-11-29", "close": 24.9, "volume": 1021428, "typical_volume": 570995.55, "trend": 27.166667, "fair_value": 33.053712, "relative_strength": -20.751077, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.79108, "energy": 74.364956, "activity_lines": [ 24.38, 24.67, 25.243571, 26.014516 ] }, { "date": "2024-12-06", "close": 25.200001, "volume": 515023, "typical_volume": 565030.45, "trend": 26.995, "fair_value": 32.980808, "relative_strength": -22.348608, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.230586, "energy": 50.664121, "activity_lines": [ 24.643334, 24.708182, 25.181905, 25.887634 ] }, { "date": "2024-12-13", "close": 26.799999, "volume": 626772, "typical_volume": 564923.0, "trend": 26.875, "fair_value": 32.915485, "relative_strength": -16.159886, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -14.868454, "energy": 14.956695, "activity_lines": [ 25.42, 25.05, 25.286191, 25.875054 ] }, { "date": "2024-12-20", "close": 28.0, "volume": 895754, "typical_volume": 580798.5, "trend": 26.81, "fair_value": 32.851912, "relative_strength": -9.807858, "stage": 4, "regime": "rotation_up", "modifier": "Structural repair", "gate": "down", "direction": 21.39247, "energy": 33.906269, "activity_lines": [ 26.433333, 25.596364, 25.510952, 25.947634 ] }, { "date": "2024-12-27", "close": 27.4, "volume": 788352, "typical_volume": 525380.0, "trend": 26.726667, "fair_value": 32.747647, "relative_strength": -13.99814, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 31.189314, "energy": 42.676119, "activity_lines": [ 26.98, 25.991818, 25.676667, 25.985699 ] }, { "date": "2025-01-03", "close": 27.4, "volume": 313063, "typical_volume": 511809.7, "trend": 26.658333, "fair_value": 32.645759, "relative_strength": -11.980419, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 29.354847, "energy": 44.305576, "activity_lines": [ 27.293333, 26.347273, 25.842619, 26.02914 ] }, { "date": "2025-01-10", "close": 27.299999, "volume": 482921, "typical_volume": 510753.8, "trend": 26.525, "fair_value": 32.551253, "relative_strength": -12.058606, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 26.91564, "energy": 54.697481, "activity_lines": [ 27.406666, 26.640909, 25.991905, 26.070538 ] }, { "date": "2025-01-17", "close": 26.4, "volume": 397000, "typical_volume": 515072.95, "trend": 26.413333, "fair_value": 32.458407, "relative_strength": -14.782541, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 21.864448, "energy": 28.652457, "activity_lines": [ 27.08, 26.727273, 26.050238, 26.062473 ] }, { "date": "2025-01-24", "close": 26.549999, "volume": 151041, "typical_volume": 507494.15, "trend": 26.32, "fair_value": 32.384944, "relative_strength": -14.953674, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 25.373932, "energy": 21.448254, "activity_lines": [ 26.829999, 26.803636, 26.12119, 26.07129 ] }, { "date": "2025-02-07", "close": 25.65, "volume": 293273, "typical_volume": 497353.45, "trend": 26.221667, "fair_value": 32.302147, "relative_strength": -16.873214, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -0.575119, "energy": 6.545107, "activity_lines": [ 26.376666, 26.67, 26.103333, 26.028064 ] }, { "date": "2025-02-14", "close": 25.0, "volume": 658826, "typical_volume": 504734.3, "trend": 26.088333, "fair_value": 32.220829, "relative_strength": -17.034425, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -18.338222, "energy": 20.279057, "activity_lines": [ 25.823333, 26.386363, 26.024286, 25.949247 ] }, { "date": "2025-02-21", "close": 25.1, "volume": 432658, "typical_volume": 503002.4, "trend": 25.99, "fair_value": 32.131535, "relative_strength": -17.92075, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -18.409207, "energy": 23.577578, "activity_lines": [ 25.463333, 26.119091, 25.959524, 25.885484 ] }, { "date": "2025-02-28", "close": 24.549999, "volume": 436476, "typical_volume": 513581.15, "trend": 25.871667, "fair_value": 32.0298, "relative_strength": -16.374801, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -53.807544, "energy": 39.531733, "activity_lines": [ 25.066666, 25.753636, 25.84619, 25.79258 ] }, { "date": "2025-03-07", "close": 24.15, "volume": 340084, "typical_volume": 512742.75, "trend": 25.756667, "fair_value": 31.946005, "relative_strength": -14.992524, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -60.014853, "energy": 58.02159, "activity_lines": [ 24.66, 25.356363, 25.701905, 25.681505 ] }, { "date": "2025-03-14", "close": 23.9, "volume": 497056, "typical_volume": 508596.0, "trend": 25.638333, "fair_value": 31.861498, "relative_strength": -12.696131, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -70.016949, "energy": 66.382486, "activity_lines": [ 24.33, 24.983636, 25.54119, 25.56172 ] }, { "date": "2025-03-21", "close": 23.35, "volume": 1149612, "typical_volume": 535768.8, "trend": 25.553333, "fair_value": 31.773466, "relative_strength": -14.704311, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -75.082075, "energy": 73.343892, "activity_lines": [ 23.933333, 24.574545, 25.334286, 25.414086 ] }, { "date": "2025-03-28", "close": 22.9, "volume": 275712, "typical_volume": 537603.85, "trend": 25.443333, "fair_value": 31.6876, "relative_strength": -13.0954, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -77.099241, "energy": 78.354448, "activity_lines": [ 23.496667, 24.157273, 25.092381, 25.242903 ] }, { "date": "2025-04-04", "close": 22.15, "volume": 380691, "typical_volume": 529543.65, "trend": 25.313333, "fair_value": 31.590984, "relative_strength": -14.031658, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -81.53867, "energy": 83.245081, "activity_lines": [ 22.956667, 23.683636, 24.788571, 25.03043 ] }, { "date": "2025-04-11", "close": 20.200001, "volume": 1829244, "typical_volume": 589104.8, "trend": 25.123333, "fair_value": 31.478302, "relative_strength": -13.791287, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -88.946755, "energy": 87.381193, "activity_lines": [ 21.926667, 22.932727, 24.309524, 24.700538 ] }, { "date": "2025-04-18", "close": 20.200001, "volume": 427402, "typical_volume": 595619.4, "trend": 24.936667, "fair_value": 31.370077, "relative_strength": -12.588581, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -82.039035, "energy": 88.566526, "activity_lines": [ 21.160001, 22.297273, 23.848571, 24.382903 ] }, { "date": "2025-04-25", "close": 20.15, "volume": 351149, "typical_volume": 562105.45, "trend": 24.741667, "fair_value": 31.265692, "relative_strength": -14.191673, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -76.632619, "energy": 89.570325, "activity_lines": [ 20.623334, 21.751818, 23.400476, 24.074086 ] }, { "date": "2025-05-02", "close": 19.549999, "volume": 374183, "typical_volume": 555063.45, "trend": 24.53, "fair_value": 31.158946, "relative_strength": -19.704465, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -78.168725, "energy": 90.100242, "activity_lines": [ 20.1, 21.185455, 22.917857, 23.73914 ] }, { "date": "2025-05-09", "close": 16.9, "volume": 1192216, "typical_volume": 583335.65, "trend": 24.225, "fair_value": 31.041751, "relative_strength": -30.229636, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -92.684072, "energy": 95.597585, "activity_lines": [ 18.916667, 20.238182, 22.209762, 23.246882 ] }, { "date": "2025-05-16", "close": 18.450001, "volume": 953725, "typical_volume": 586234.2, "trend": 23.983333, "fair_value": 30.927062, "relative_strength": -26.309016, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -71.361196, "energy": 86.088572, "activity_lines": [ 18.6, 19.711818, 21.696429, 22.874301 ] }, { "date": "2025-05-23", "close": 21.200001, "volume": 990244, "typical_volume": 596328.8, "trend": 23.85, "fair_value": 30.837133, "relative_strength": -13.925393, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.70942, "energy": 60.069385, "activity_lines": [ 19.316667, 19.789091, 21.490476, 22.694731 ] }, { "date": "2025-05-30", "close": 20.1, "volume": 600629, "typical_volume": 610707.1, "trend": 23.686667, "fair_value": 30.738965, "relative_strength": -16.595168, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.127824, "energy": 52.174668, "activity_lines": [ 19.6, 19.715455, 21.209286, 22.452796 ] }, { "date": "2025-06-06", "close": 20.049999, "volume": 392599, "typical_volume": 606191.0, "trend": 23.525, "fair_value": 30.636613, "relative_strength": -17.321116, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -46.236157, "energy": 35.066353, "activity_lines": [ 19.87, 19.691818, 20.958095, 22.218172 ] }, { "date": "2025-06-13", "close": 19.5, "volume": 243387, "typical_volume": 598510.35, "trend": 23.363333, "fair_value": 30.525089, "relative_strength": -20.457268, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -44.935396, "energy": 29.497753, "activity_lines": [ 19.923333, 19.62, 20.689048, 21.958495 ] }, { "date": "2025-06-20", "close": 18.700001, "volume": 343693, "typical_volume": 608142.95, "trend": 23.186667, "fair_value": 30.410815, "relative_strength": -22.902089, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -55.755286, "energy": 38.879723, "activity_lines": [ 19.536667, 19.450909, 20.376667, 21.657634 ] }, { "date": "2025-06-27", "close": 19.0, "volume": 264618, "typical_volume": 606710.2, "trend": 23.023333, "fair_value": 30.304109, "relative_strength": -22.929, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -59.546049, "energy": 42.738972, "activity_lines": [ 19.233333, 19.363637, 20.130238, 21.387527 ] }, { "date": "2025-07-04", "close": 19.049999, "volume": 207451, "typical_volume": 584141.45, "trend": 22.828333, "fair_value": 30.199507, "relative_strength": -22.024741, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -58.952402, "energy": 44.316536, "activity_lines": [ 19.093333, 19.307273, 19.920238, 21.131183 ] }, { "date": "2025-07-11", "close": 19.950001, "volume": 359778, "typical_volume": 580497.45, "trend": 22.653333, "fair_value": 30.100674, "relative_strength": -18.584107, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -57.062438, "energy": 41.850866, "activity_lines": [ 19.323334, 19.434546, 19.824286, 20.945484 ] }, { "date": "2025-07-18", "close": 19.1, "volume": 369585, "typical_volume": 577152.9, "trend": 22.396667, "fair_value": 29.996689, "relative_strength": -23.620405, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -58.753665, "energy": 38.347463, "activity_lines": [ 19.276667, 19.4, 19.671905, 20.716237 ] }, { "date": "2025-07-25", "close": 18.799999, "volume": 320202, "typical_volume": 576158.8, "trend": 22.09, "fair_value": 29.891376, "relative_strength": -24.184577, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -60.76243, "energy": 37.470493, "activity_lines": [ 19.156666, 19.270909, 19.516905, 20.484194 ] }, { "date": "2025-08-01", "close": 18.700001, "volume": 334696, "typical_volume": 568040.8, "trend": 21.8, "fair_value": 29.778587, "relative_strength": -24.163944, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -59.764754, "energy": 36.92742, "activity_lines": [ 18.996667, 19.117273, 19.377857, 20.265484 ] }, { "date": "2025-08-08", "close": 18.65, "volume": 318483, "typical_volume": 526484.35, "trend": 21.508333, "fair_value": 29.665775, "relative_strength": -25.535281, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.016653, "energy": 42.218052, "activity_lines": [ 18.84, 19.0, 19.25881, 20.062258 ] }, { "date": "2025-08-15", "close": 18.4, "volume": 550361, "typical_volume": 540216.8, "trend": 21.211667, "fair_value": 29.553737, "relative_strength": -26.773447, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.409552, "energy": 48.469047, "activity_lines": [ 18.626667, 18.863636, 19.138333, 19.861721 ] }, { "date": "2025-08-22", "close": 18.450001, "volume": 194695, "typical_volume": 530917.0, "trend": 20.946667, "fair_value": 29.442317, "relative_strength": -24.27384, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.616069, "energy": 57.714004, "activity_lines": [ 18.533334, 18.766364, 19.044048, 19.683549 ] }, { "date": "2025-08-29", "close": 19.6, "volume": 833709, "typical_volume": 481140.25, "trend": 20.715, "fair_value": 29.337972, "relative_strength": -20.55273, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -53.676164, "energy": 35.426211, "activity_lines": [ 18.866667, 18.897273, 19.076905, 19.596667 ] }, { "date": "2025-09-05", "close": 20.0, "volume": 1821302, "typical_volume": 550835.25, "trend": 20.526667, "fair_value": 29.232328, "relative_strength": -19.257869, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -22.928943, "energy": 12.584656, "activity_lines": [ 19.28, 19.084546, 19.150714, 19.550538 ] }, { "date": "2025-09-12", "close": 21.25, "volume": 1102363, "typical_volume": 588395.95, "trend": 20.401667, "fair_value": 29.14272, "relative_strength": -16.920854, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": 13.351768, "energy": 22.046485, "activity_lines": [ 20.023333, 19.480909, 19.344524, 19.597204 ] }, { "date": "2025-09-19", "close": 19.799999, "volume": 741784, "typical_volume": 606776.0, "trend": 20.225, "fair_value": 29.040251, "relative_strength": -22.291118, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -4.376479, "energy": 21.417912, "activity_lines": [ 20.11, 19.573636, 19.395, 19.558387 ] }, { "date": "2025-09-26", "close": 20.25, "volume": 883652, "typical_volume": 591347.8, "trend": 20.081667, "fair_value": 28.940073, "relative_strength": -19.941139, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "mixed", "direction": 16.03957, "energy": 25.384652, "activity_lines": [ 20.253333, 19.750909, 19.487143, 19.56 ] }, { "date": "2025-10-03", "close": 19.5, "volume": 417261, "typical_volume": 564524.6, "trend": 19.926667, "fair_value": 28.839841, "relative_strength": -25.721033, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "mixed", "direction": 14.180469, "energy": 18.733286, "activity_lines": [ 20.026666, 19.770909, 19.491905, 19.522473 ] }, { "date": "2025-10-10", "close": 18.6, "volume": 520767, "typical_volume": 541050.75, "trend": 19.75, "fair_value": 28.739782, "relative_strength": -29.883824, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -39.663756, "energy": 18.355866, "activity_lines": [ 19.506667, 19.614545, 19.405952, 19.436882 ] }, { "date": "2025-10-17", "close": 17.35, "volume": 901144, "typical_volume": 556076.5, "trend": 19.55, "fair_value": 28.629928, "relative_strength": -33.960842, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -59.488386, "energy": 37.774936, "activity_lines": [ 18.663333, 19.232727, 19.213333, 19.282043 ] }, { "date": "2025-10-24", "close": 17.25, "volume": 514463, "typical_volume": 562169.7, "trend": 19.361667, "fair_value": 28.522701, "relative_strength": -34.303642, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -70.847219, "energy": 60.091456, "activity_lines": [ 18.046667, 18.856364, 19.024286, 19.133656 ] }, { "date": "2025-10-31", "close": 17.1, "volume": 809320, "typical_volume": 590466.35, "trend": 19.193333, "fair_value": 28.420159, "relative_strength": -35.890888, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -69.428096, "energy": 72.640165, "activity_lines": [ 17.55, 18.473636, 18.834286, 18.987742 ] }, { "date": "2025-11-07", "close": 16.549999, "volume": 520573, "typical_volume": 599310.35, "trend": 19.071667, "fair_value": 28.315279, "relative_strength": -36.002831, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -73.750137, "energy": 78.460942, "activity_lines": [ 17.08, 18.015454, 18.603333, 18.817204 ] }, { "date": "2025-11-14", "close": 16.0, "volume": 557897, "typical_volume": 613974.3, "trend": 18.931667, "fair_value": 28.208954, "relative_strength": -36.973287, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -77.261759, "energy": 80.762609, "activity_lines": [ 16.623333, 17.512727, 18.330238, 18.619032 ] }, { "date": "2025-11-21", "close": 15.95, "volume": 1041052, "typical_volume": 655654.35, "trend": 18.791667, "fair_value": 28.112114, "relative_strength": -34.265928, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -71.653897, "energy": 73.880153, "activity_lines": [ 16.323333, 17.073636, 18.066667, 18.426667 ] }, { "date": "2025-11-28", "close": 16.1, "volume": 208640, "typical_volume": 648097.45, "trend": 18.676667, "fair_value": 28.015641, "relative_strength": -35.890751, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.935051, "energy": 68.66856, "activity_lines": [ 16.166667, 16.758182, 17.832143, 18.253011 ] }, { "date": "2025-12-05", "close": 16.0, "volume": 203042, "typical_volume": 639770.3, "trend": 18.646667, "fair_value": 27.922687, "relative_strength": -36.359949, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.513472, "energy": 70.217017, "activity_lines": [ 16.053333, 16.491818, 17.606428, 18.080323 ] }, { "date": "2025-12-12", "close": 15.9, "volume": 596644, "typical_volume": 653592.4, "trend": 18.561667, "fair_value": 27.816018, "relative_strength": -36.534741, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.722673, "energy": 65.087876, "activity_lines": [ 15.98, 16.284545, 17.385952, 17.903118 ] }, { "date": "2025-12-19", "close": 15.7, "volume": 555921, "typical_volume": 664653.65, "trend": 18.378333, "fair_value": 27.708661, "relative_strength": -35.362253, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -70.010999, "energy": 70.636685, "activity_lines": [ 15.883333, 16.106364, 17.160238, 17.718495 ] }, { "date": "2025-12-26", "close": 15.7, "volume": 339283, "typical_volume": 665693.65, "trend": 18.231667, "fair_value": 27.603087, "relative_strength": -36.339232, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.987696, "energy": 67.234901, "activity_lines": [ 15.806667, 15.980909, 16.948809, 17.545699 ] }, { "date": "2026-01-02", "close": 15.75, "volume": 762033, "typical_volume": 676277.25, "trend": 18.088333, "fair_value": 27.501994, "relative_strength": -36.964623, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.042122, "energy": 54.229108, "activity_lines": [ 15.763333, 15.894545, 16.75619, 17.385591 ] }, { "date": "2026-01-09", "close": 15.5, "volume": 713197, "typical_volume": 702202.35, "trend": 17.955, "fair_value": 27.401972, "relative_strength": -38.944821, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -69.361545, "energy": 58.626544, "activity_lines": [ 15.66, 15.79, 16.552381, 17.218602 ] }, { "date": "2026-01-16", "close": 15.3, "volume": 656672, "typical_volume": 693350.5, "trend": 17.841667, "fair_value": 27.289079, "relative_strength": -40.933595, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -72.131838, "energy": 64.41012, "activity_lines": [ 15.523333, 15.678182, 16.343571, 17.047312 ] }, { "date": "2026-01-23", "close": 15.0, "volume": 768296, "typical_volume": 640700.2, "trend": 17.708333, "fair_value": 27.166836, "relative_strength": -42.188573, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -76.25218, "energy": 73.600155, "activity_lines": [ 15.326667, 15.534545, 16.126667, 16.863978 ] }, { "date": "2026-01-30", "close": 15.95, "volume": 1537265, "typical_volume": 662445.3, "trend": 17.605, "fair_value": 27.040579, "relative_strength": -37.793168, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.047522, "energy": 50.098333, "activity_lines": [ 15.493333, 15.581818, 16.024048, 16.750538 ] }, { "date": "2026-02-06", "close": 16.0, "volume": 775512, "typical_volume": 664131.7, "trend": 17.473333, "fair_value": 26.918208, "relative_strength": -36.142138, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -47.536862, "energy": 36.850022, "activity_lines": [ 15.66, 15.638182, 15.951429, 16.646989 ] }, { "date": "2026-02-13", "close": 15.9, "volume": 489740, "typical_volume": 644436.1, "trend": 17.366667, "fair_value": 26.793116, "relative_strength": -39.081763, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -42.364332, "energy": 29.281948, "activity_lines": [ 15.776667, 15.678182, 15.887381, 16.545484 ] }, { "date": "2026-02-27", "close": 15.5, "volume": 612539, "typical_volume": 654200.0, "trend": 17.256667, "fair_value": 26.663677, "relative_strength": -42.768738, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -45.51713, "energy": 27.383659, "activity_lines": [ 15.733333, 15.647273, 15.805952, 16.425054 ] }, { "date": "2026-03-06", "close": 15.55, "volume": 735833, "typical_volume": 664953.3, "trend": 17.151667, "fair_value": 26.525645, "relative_strength": -38.552278, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -43.908604, "energy": 28.179771, "activity_lines": [ 15.693333, 15.632727, 15.748333, 16.314946 ] }, { "date": "2026-03-13", "close": 15.35, "volume": 514484, "typical_volume": 645620.3, "trend": 17.041667, "fair_value": 26.384251, "relative_strength": -38.015155, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -58.591176, "energy": 36.801252, "activity_lines": [ 15.55, 15.584545, 15.68619, 16.19871 ] }, { "date": "2026-03-20", "close": 15.05, "volume": 981946, "typical_volume": 668994.45, "trend": 16.93, "fair_value": 26.239744, "relative_strength": -38.466382, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.259494, "energy": 43.897396, "activity_lines": [ 15.346667, 15.488182, 15.605, 16.070215 ] }, { "date": "2026-03-27", "close": 14.8, "volume": 424798, "typical_volume": 649768.35, "trend": 16.808333, "fair_value": 26.098984, "relative_strength": -37.707365, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -69.765068, "energy": 52.344376, "activity_lines": [ 15.123333, 15.359091, 15.510476, 15.932796 ] }, { "date": "2026-04-03", "close": 14.55, "volume": 346490, "typical_volume": 641064.2, "trend": 16.64, "fair_value": 25.954542, "relative_strength": -36.703514, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -73.523612, "energy": 65.053727, "activity_lines": [ 14.89, 15.197273, 15.403095, 15.787097 ] }, { "date": "2026-04-10", "close": 14.2, "volume": 636541, "typical_volume": 644996.4, "trend": 16.446667, "fair_value": 25.81053, "relative_strength": -42.182038, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -76.371019, "energy": 72.710914, "activity_lines": [ 14.603333, 14.985455, 15.271905, 15.629677 ] }, { "date": "2026-04-17", "close": 13.85, "volume": 864728, "typical_volume": 636180.2, "trend": 16.2, "fair_value": 25.666948, "relative_strength": -44.722795, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -78.707943, "energy": 77.814083, "activity_lines": [ 14.29, 14.724545, 15.115952, 15.462151 ] }, { "date": "2026-04-24", "close": 14.05, "volume": 1593495, "typical_volume": 705422.95, "trend": 16.008333, "fair_value": 25.519004, "relative_strength": -45.950493, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.520156, "energy": 64.634629, "activity_lines": [ 14.143333, 14.538182, 14.989048, 15.323441 ] }, { "date": "2026-05-01", "close": 13.05, "volume": 628922, "typical_volume": 726716.95, "trend": 15.768333, "fair_value": 25.365837, "relative_strength": -48.788912, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -81.76493, "energy": 72.831844, "activity_lines": [ 13.73, 14.205455, 14.776667, 15.132581 ] }, { "date": "2026-05-08", "close": 13.55, "volume": 1369847, "typical_volume": 765377.1, "trend": 15.57, "fair_value": 25.225384, "relative_strength": -49.333602, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.751748, "energy": 68.081094, "activity_lines": [ 13.6, 14.015455, 14.625952, 14.989462 ] }, { "date": "2026-05-15", "close": 12.95, "volume": 1222412, "typical_volume": 798701.65, "trend": 15.381667, "fair_value": 25.080788, "relative_strength": -50.336322, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -78.250466, "energy": 76.549141, "activity_lines": [ 13.336667, 13.751818, 14.429286, 14.82043 ] }, { "date": "2026-05-22", "close": 13.55, "volume": 771466, "typical_volume": 820310.8, "trend": 15.255, "fair_value": 24.9439, "relative_strength": -48.563745, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.10791, "energy": 67.975665, "activity_lines": [ 13.356667, 13.644545, 14.302857, 14.702258 ] }, { "date": "2026-05-29", "close": 12.9, "volume": 1162227, "typical_volume": 840320.5, "trend": 15.11, "fair_value": 24.800172, "relative_strength": -52.721904, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -72.175208, "energy": 63.809549, "activity_lines": [ 13.18, 13.451818, 14.124762, 14.550323 ] }, { "date": "2026-06-05", "close": 12.95, "volume": 1704967, "typical_volume": 889909.0, "trend": 14.971667, "fair_value": 24.653793, "relative_strength": -51.902476, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.641263, "energy": 54.344864, "activity_lines": [ 13.096667, 13.307273, 13.965, 14.410968 ] }, { "date": "2026-06-12", "close": 12.8, "volume": 1004190, "typical_volume": 907284.9, "trend": 14.846667, "fair_value": 24.497538, "relative_strength": -50.475119, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.962285, "energy": 51.56306, "activity_lines": [ 12.97, 13.169091, 13.803095, 14.27086 ] }, { "date": "2026-06-19", "close": 12.65, "volume": 744244, "typical_volume": 906082.3, "trend": 14.735, "fair_value": 24.343887, "relative_strength": -52.520475, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -68.218636, "energy": 53.324139, "activity_lines": [ 12.843333, 13.035455, 13.63881, 14.12914 ] }, { "date": "2026-06-26", "close": 12.22367, "volume": 933377, "typical_volume": 875887.9, "trend": 14.610789, "fair_value": 24.194338, "relative_strength": -51.232846, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -72.468444, "energy": 55.222004, "activity_lines": [ 12.594557, 12.852485, 13.445111, 13.967118 ] }, { "date": "2026-07-03", "close": 12.05, "volume": 868567, "typical_volume": 880540.65, "trend": 14.475789, "fair_value": 24.046052, "relative_strength": -53.262489, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -73.46013, "energy": 59.505974, "activity_lines": [ 12.376312, 12.66751, 13.252618, 13.801906 ] }, { "date": "2026-07-10", "close": 12.1, "volume": 634614, "typical_volume": 887784.35, "trend": 14.345789, "fair_value": 23.893036, "relative_strength": -50.596416, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -68.759881, "energy": 62.097831, "activity_lines": [ 12.231401, 12.527988, 13.083696, 13.64863 ] }, { "date": "2026-07-17", "close": 11.45, "volume": 1146842, "typical_volume": 914499.5, "trend": 14.197456, "fair_value": 23.749818, "relative_strength": -49.20982, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -78.416915, "energy": 73.002316, "activity_lines": [ 11.926489, 12.287558, 12.870964, 13.461804 ] }, { "date": "2026-07-24", "close": 11.95, "volume": 760325, "typical_volume": 915724.1, "trend": 14.072456, "fair_value": 23.612777, "relative_strength": -47.141265, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.642517, "energy": 66.595282, "activity_lines": [ 11.878245, 12.176219, 12.725137, 13.316807 ] }, { "date": "2026-07-31", "close": 11.45, "volume": 637100, "typical_volume": 921854.9, "trend": 13.930789, "fair_value": 23.472531, "relative_strength": -47.676953, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -72.700243, "energy": 70.680905, "activity_lines": [ 11.71, 11.992152, 12.548834, 13.147617 ] }, { "date": "2026-08-07", "close": 11.65, "volume": 412046, "typical_volume": 893359.9, "trend": 13.794122, "fair_value": 23.324757, "relative_strength": -47.021428, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.337607, "energy": 67.69942, "activity_lines": [ 11.66, 11.882631, 12.410149, 13.000469 ] }, { "date": "2026-08-14", "close": 12.15, "volume": 721818, "typical_volume": 908210.9, "trend": 13.682456, "fair_value": 23.183308, "relative_strength": -45.583609, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -60.840899, "energy": 49.598335, "activity_lines": [ 11.803333, 11.886746, 12.335275, 12.894397 ] } ], "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." } } }