{ "ticker": { "uuid": "28a3019e-da25-42c9-ad31-f909b0892e20", "symbol": "GBLI", "name": "Global Indemnity Group, LLC Class A Common Stock", "exchange": "NASDAQ", "country": "US", "assetType": "equity" }, "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.", "analysis": { "eligible": true, "as_of": "2026-08-07", "benchmark": "QQQ", "stage": 1, "stage_name": "Basing", "phase": "1b", "phase_label": "Stage 1B \u00b7 Basing", "transition": "stage_1_building", "transition_label": "Base still building", "confidence": 66.354, "architecture_regime": "downward_expansion", "architecture_regime_label": "Downward Expansion", "architecture_modifier": "Established contraction", "architecture_gate": "mixed", "architecture_direction": 26.206, "architecture_energy": 31.13, "architecture_maturity": 63.75, "architecture_confidence": 75.912, "architecture_tenure": "Developing", "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": 35.75, "rotation_up": 65.75, "upward_expansion": 42.73, "deceleration": 39.56, "rotation_down": 16.92, "downward_expansion": 17.73 }, "activity_lines": [ 27.44802, 26.729085, 26.631105, 26.843285 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": 0.5 }, "latest_close": 27.97, "trend_reference": 27.155293, "distance_from_trend": 0.030002, "trend_direction": "Weakening", "fair_value": 28.975473, "distance_from_fair_value": -0.034701, "fair_value_direction": "Improving", "relative_strength": -11.125736, "relative_strength_direction": "Improving", "price_momentum": 0.003512, "excess_performance": -0.183941, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.030002, "read": "Above" }, { "label": "Trend direction", "positive": false, "value": -0.010061, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.034701, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": true, "value": 0.0274, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.111257, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.084771, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.003512, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 1.788113, "read": "Demand-led" } ], "volume": { "latest": 31680, "relative_activity": 1.135392, "balance": 1.788113, "dry_up": 0.906495, "accumulation_observations": 4, "distribution_observations": 3 }, "risk": { "range_context": 0.046956, "annualized_volatility": 0.178147, "from_high_reference": -0.043318, "from_low_reference": 0.151977 }, "levels": { "trend_reference": 27.155293, "fair_value_reference": 28.975473, "structural_low": 24.28, "invalidation": "A renewed decline below the structural range low, widening the discount to current Fair Value while Trend falls, weakens the base diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 22, "median_return": 0.019139, "positive_rate": 0.636364, "directional_follow_through": 0.363636, "median_excess_return": -0.003653, "regime_survival": 0.727273, "best_return": 0.171987, "worst_return": -0.111822, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 8, "median_return": 0.009034, "positive_rate": 0.625, "directional_follow_through": 0.375, "median_excess_return": -0.072022, "regime_survival": 0.375, "best_return": 0.086111, "worst_return": -0.078238, "sufficient": true }, { "horizon": "Extended", "sample_count": 5, "median_return": 0.025982, "positive_rate": 0.8, "directional_follow_through": 0.2, "median_excess_return": -0.135205, "regime_survival": 0.0, "best_return": 0.171427, "worst_return": -0.005511, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 4, "median_return": 0.091618, "positive_rate": 1.0, "directional_follow_through": 0.0, "median_excess_return": -0.008992, "regime_survival": 0.0, "best_return": 0.512794, "worst_return": 0.006598, "sufficient": false } ], "ledger": [ { "regime": "balance", "label": "Balance", "color": "blue", "start": "2023-11-24", "end": "2023-12-08", "tenure": "New", "return": -0.163515, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2023-12-15", "end": "2023-12-29", "tenure": "New", "return": 0.098637, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2024-01-05", "end": "2024-04-19", "tenure": "Established", "return": 0.019598, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2024-04-26", "end": "2024-06-07", "tenure": "Developing", "return": -0.004461, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-06-14", "end": "2024-08-30", "tenure": "Developing", "return": 0.067313, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-09-06", "end": "2025-02-28", "tenure": "Established", "return": 0.061107, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-03-07", "end": "2025-04-18", "tenure": "Developing", "return": -0.142085, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-04-25", "end": "2025-06-27", "tenure": "Developing", "return": 0.141026, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-07-04", "end": "2025-08-15", "tenure": "Developing", "return": -0.059349, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-08-22", "end": "2025-09-19", "tenure": "Developing", "return": 0.007927, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-09-26", "end": "2025-11-07", "tenure": "Developing", "return": -0.028489, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-11-14", "end": "2026-01-09", "tenure": "Developing", "return": 0.046674, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-01-16", "end": "2026-05-22", "tenure": "Established", "return": -0.05534, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-05-29", "end": "2026-08-07", "tenure": "Developing", "return": 0.050234, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 30.732156, "volume": 42647, "typical_volume": 39811.95, "trend": 26.383026, "fair_value": 22.50212, "relative_strength": 11.648381, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 64.440962, "energy": 52.393961, "activity_lines": [ 30.627374, 30.210845, 28.637301, 27.54421 ] }, { "date": "2023-08-25", "close": 31.162406, "volume": 20225, "typical_volume": 40026.55, "trend": 26.572301, "fair_value": 22.583699, "relative_strength": 10.95151, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 68.393007, "energy": 54.649961, "activity_lines": [ 30.830206, 30.432335, 29.013294, 27.852557 ] }, { "date": "2023-09-01", "close": 30.951671, "volume": 8890, "typical_volume": 40195.2, "trend": 26.797746, "fair_value": 22.654037, "relative_strength": 5.993453, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.487642, "energy": 48.969624, "activity_lines": [ 30.913037, 30.583604, 29.337037, 28.135097 ] }, { "date": "2023-09-08", "close": 30.890207, "volume": 10807, "typical_volume": 39466.75, "trend": 26.987451, "fair_value": 22.731863, "relative_strength": 6.84368, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 62.616839, "energy": 54.897417, "activity_lines": [ 30.927086, 30.698949, 29.62462, 28.399127 ] }, { "date": "2023-09-15", "close": 30.556544, "volume": 4972, "typical_volume": 39438.15, "trend": 27.164594, "fair_value": 22.809959, "relative_strength": 5.876829, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 59.907631, "energy": 47.200613, "activity_lines": [ 30.817035, 30.728245, 29.847923, 28.629391 ] }, { "date": "2023-09-22", "close": 30.293125, "volume": 2220, "typical_volume": 39262.05, "trend": 27.342604, "fair_value": 22.897228, "relative_strength": 8.166989, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 46.540233, "energy": 36.639, "activity_lines": [ 30.628545, 30.692883, 30.01618, 28.831231 ] }, { "date": "2023-09-29", "close": 30.161416, "volume": 5122, "typical_volume": 38730.15, "trend": 27.527309, "fair_value": 22.98538, "relative_strength": 7.221665, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 42.014797, "energy": 30.256491, "activity_lines": [ 30.42542, 30.601804, 30.144119, 29.01309 ] }, { "date": "2023-10-06", "close": 31.845261, "volume": 12039, "typical_volume": 36819.0, "trend": 27.754032, "fair_value": 23.076199, "relative_strength": 10.692676, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 65.346337, "energy": 39.123526, "activity_lines": [ 30.850309, 30.821508, 30.409203, 29.291668 ] }, { "date": "2023-10-13", "close": 31.845172, "volume": 16276, "typical_volume": 32540.85, "trend": 28.026826, "fair_value": 23.165037, "relative_strength": 10.036258, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 60.938725, "energy": 39.619792, "activity_lines": [ 31.215596, 31.011779, 30.627268, 29.555612 ] }, { "date": "2023-10-20", "close": 30.96067, "volume": 10960, "typical_volume": 31642.25, "trend": 28.249716, "fair_value": 23.241703, "relative_strength": 9.605662, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 51.942915, "energy": 36.359243, "activity_lines": [ 31.222385, 31.020355, 30.721347, 29.744893 ] }, { "date": "2023-10-27", "close": 32.269864, "volume": 2382, "typical_volume": 27866.65, "trend": 28.507531, "fair_value": 23.32407, "relative_strength": 16.769558, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.822536, "energy": 44.362408, "activity_lines": [ 31.63863, 31.262173, 30.906569, 30.004257 ] }, { "date": "2023-11-03", "close": 30.942978, "volume": 7449, "typical_volume": 23639.05, "trend": 28.725475, "fair_value": 23.389855, "relative_strength": 4.964236, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 51.968426, "energy": 34.404705, "activity_lines": [ 31.480797, 31.234782, 30.946955, 30.161382 ] }, { "date": "2023-11-10", "close": 30.518375, "volume": 13570, "typical_volume": 21960.25, "trend": 28.923181, "fair_value": 23.448804, "relative_strength": 0.429952, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 37.547052, "energy": 21.005348, "activity_lines": [ 31.129326, 31.134179, 30.939591, 30.277053 ] }, { "date": "2023-11-17", "close": 30.22646, "volume": 11042, "typical_volume": 20357.65, "trend": 29.128571, "fair_value": 23.504155, "relative_strength": -2.671225, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 29.501698, "energy": 14.297816, "activity_lines": [ 30.769009, 30.988378, 30.900008, 30.361136 ] }, { "date": "2023-11-24", "close": 30.403378, "volume": 5722, "typical_volume": 20434.9, "trend": 29.333176, "fair_value": 23.561605, "relative_strength": -3.137281, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 23.910315, "energy": 14.433318, "activity_lines": [ 30.575578, 30.886813, 30.873787, 30.443382 ] }, { "date": "2023-12-01", "close": 29.766473, "volume": 10408, "typical_volume": 19670.25, "trend": 29.510037, "fair_value": 23.614819, "relative_strength": -5.348176, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 4.829751, "energy": 10.953808, "activity_lines": [ 30.206999, 30.672232, 30.783247, 30.471336 ] }, { "date": "2023-12-08", "close": 25.431979, "volume": 84366, "typical_volume": 17179.2, "trend": 29.514936, "fair_value": 23.644262, "relative_strength": -19.390021, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -43.661627, "energy": 47.223033, "activity_lines": [ 28.560481, 29.679136, 30.274085, 30.208236 ] }, { "date": "2023-12-15", "close": 26.175035, "volume": 29695, "typical_volume": 17813.2, "trend": 29.655007, "fair_value": 23.677451, "relative_strength": -19.556093, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -47.319137, "energy": 61.575711, "activity_lines": [ 27.529048, 28.907132, 29.859424, 29.992758 ] }, { "date": "2023-12-22", "close": 27.026454, "volume": 65516, "typical_volume": 20094.25, "trend": 29.772614, "fair_value": 23.707853, "relative_strength": -17.512182, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -37.164512, "energy": 60.578743, "activity_lines": [ 27.070978, 28.393025, 29.545147, 29.823174 ] }, { "date": "2023-12-29", "close": 28.75686, "volume": 55547, "typical_volume": 20992.75, "trend": 29.933957, "fair_value": 23.745657, "relative_strength": -12.396681, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -60.880079, "energy": 64.104711, "activity_lines": [ 27.403043, 28.281151, 29.41315, 29.757642 ] }, { "date": "2024-01-05", "close": 28.7747, "volume": 66629, "typical_volume": 22191.85, "trend": 29.946706, "fair_value": 23.781423, "relative_strength": -9.198252, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -55.159928, "energy": 36.069309, "activity_lines": [ 27.850823, 28.21259, 29.29209, 29.682851 ] }, { "date": "2024-01-12", "close": 28.98877, "volume": 35613, "typical_volume": 22961.25, "trend": 29.932743, "fair_value": 23.821175, "relative_strength": -11.089883, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -39.333458, "energy": 21.145555, "activity_lines": [ 28.436078, 28.2465, 29.20074, 29.621049 ] }, { "date": "2024-01-19", "close": 26.729876, "volume": 33800, "typical_volume": 24206.75, "trend": 29.837389, "fair_value": 23.846549, "relative_strength": -19.736621, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -50.843563, "energy": 25.052281, "activity_lines": [ 28.031249, 27.905232, 28.904607, 29.414412 ] }, { "date": "2024-01-26", "close": 26.562633, "volume": 7988, "typical_volume": 24065.8, "trend": 29.739674, "fair_value": 23.877155, "relative_strength": -20.269604, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.768924, "energy": 33.172272, "activity_lines": [ 27.533683, 27.602438, 28.61265, 29.203138 ] }, { "date": "2024-02-02", "close": 25.866903, "volume": 11642, "typical_volume": 24399.3, "trend": 29.614085, "fair_value": 23.90443, "relative_strength": -22.93607, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.825486, "energy": 49.134883, "activity_lines": [ 26.835128, 27.239763, 28.275041, 28.953281 ] }, { "date": "2024-02-09", "close": 26.268286, "volume": 10272, "typical_volume": 24801.9, "trend": 29.538168, "fair_value": 23.92951, "relative_strength": -22.713416, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.971804, "energy": 63.576533, "activity_lines": [ 26.463031, 27.032548, 27.99799, 28.737423 ] }, { "date": "2024-02-16", "close": 25.331726, "volume": 43614, "typical_volume": 26726.5, "trend": 29.368691, "fair_value": 23.946537, "relative_strength": -23.866032, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -68.927185, "energy": 68.907473, "activity_lines": [ 25.945842, 26.718653, 27.650909, 28.46604 ] }, { "date": "2024-02-23", "close": 25.596817, "volume": 4285, "typical_volume": 26338.8, "trend": 29.214342, "fair_value": 23.960907, "relative_strength": -23.640788, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.765682, "energy": 65.735795, "activity_lines": [ 25.760819, 26.454779, 27.352073, 28.222693 ] }, { "date": "2024-03-01", "close": 26.714267, "volume": 15007, "typical_volume": 26275.35, "trend": 29.081583, "fair_value": 23.981466, "relative_strength": -21.438138, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -58.828344, "energy": 47.275724, "activity_lines": [ 26.023817, 26.404591, 27.189416, 28.061398 ] }, { "date": "2024-03-08", "close": 26.40208, "volume": 41255, "typical_volume": 27790.1, "trend": 28.938418, "fair_value": 24.002227, "relative_strength": -20.645763, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -58.284732, "energy": 44.529385, "activity_lines": [ 26.172644, 26.303317, 27.021459, 27.888527 ] }, { "date": "2024-03-15", "close": 26.714267, "volume": 29018, "typical_volume": 29121.9, "trend": 28.804488, "fair_value": 24.023555, "relative_strength": -18.423092, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -43.912411, "energy": 30.742954, "activity_lines": [ 26.389854, 26.301619, 26.904942, 27.745033 ] }, { "date": "2024-03-22", "close": 26.17909, "volume": 72700, "typical_volume": 32384.45, "trend": 28.638378, "fair_value": 24.035869, "relative_strength": -21.994492, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -42.935793, "energy": 27.269315, "activity_lines": [ 26.398941, 26.240079, 26.763911, 27.575653 ] }, { "date": "2024-03-29", "close": 27.560262, "volume": 40305, "typical_volume": 33721.2, "trend": 28.525331, "fair_value": 24.060035, "relative_strength": -17.125069, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -33.471478, "energy": 18.450126, "activity_lines": [ 26.811927, 26.480746, 26.777105, 27.506097 ] }, { "date": "2024-04-05", "close": 26.910299, "volume": 4658, "typical_volume": 33402.0, "trend": 28.392667, "fair_value": 24.08417, "relative_strength": -18.089549, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -30.672077, "energy": 17.075446, "activity_lines": [ 26.877362, 26.58814, 26.742485, 27.401901 ] }, { "date": "2024-04-12", "close": 29.338635, "volume": 40256, "typical_volume": 35128.7, "trend": 28.35207, "fair_value": 24.128731, "relative_strength": -10.000324, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": 11.275119, "energy": 17.807292, "activity_lines": [ 27.739174, 27.130728, 26.954925, 27.462931 ] }, { "date": "2024-04-19", "close": 29.338635, "volume": 5070, "typical_volume": 34861.8, "trend": 28.320254, "fair_value": 24.172413, "relative_strength": -4.731757, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "mixed", "direction": 34.863719, "energy": 39.643156, "activity_lines": [ 28.405215, 27.610194, 27.172436, 27.526581 ] }, { "date": "2024-04-26", "close": 28.32758, "volume": 777, "typical_volume": 30682.35, "trend": 28.259126, "fair_value": 24.205323, "relative_strength": -11.274496, "stage": 4, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 20.606195, "energy": 45.3437, "activity_lines": [ 28.55928, 27.850007, 27.295693, 27.527053 ] }, { "date": "2024-05-03", "close": 29.167117, "volume": 467, "typical_volume": 29220.95, "trend": 28.169855, "fair_value": 24.239738, "relative_strength": -9.36635, "stage": 4, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 31.681258, "energy": 56.542616, "activity_lines": [ 28.849959, 28.187993, 27.485118, 27.585634 ] }, { "date": "2024-05-10", "close": 29.12198, "volume": 9148, "typical_volume": 26402.55, "trend": 28.079082, "fair_value": 24.277016, "relative_strength": -10.564214, "stage": 4, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 36.014717, "energy": 56.705417, "activity_lines": [ 29.018468, 28.452858, 27.655996, 27.647061 ] }, { "date": "2024-05-17", "close": 29.140035, "volume": 33086, "typical_volume": 25279.5, "trend": 28.018394, "fair_value": 24.30769, "relative_strength": -12.402191, "stage": 4, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 36.338585, "energy": 45.212529, "activity_lines": [ 29.045549, 28.677229, 27.818614, 27.71551 ] }, { "date": "2024-05-24", "close": 28.742835, "volume": 22857, "typical_volume": 23090.9, "trend": 27.900826, "fair_value": 24.326616, "relative_strength": -14.64973, "stage": 4, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 31.350132, "energy": 31.962492, "activity_lines": [ 28.953471, 28.779601, 27.94158, 27.762248 ] }, { "date": "2024-05-31", "close": 28.787971, "volume": 5321, "typical_volume": 21576.3, "trend": 27.828993, "fair_value": 24.347434, "relative_strength": -13.051246, "stage": 4, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 27.846157, "energy": 26.517653, "activity_lines": [ 28.916158, 28.853296, 28.068996, 27.819483 ] }, { "date": "2024-06-07", "close": 28.201199, "volume": 12024, "typical_volume": 20487.5, "trend": 27.751753, "fair_value": 24.370745, "relative_strength": -16.647189, "stage": 4, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 41.380237, "energy": 24.476525, "activity_lines": [ 28.652562, 28.772871, 28.141485, 27.843496 ] }, { "date": "2024-06-14", "close": 27.803999, "volume": 15499, "typical_volume": 20863.05, "trend": 27.671005, "fair_value": 24.404797, "relative_strength": -20.132992, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 32.563714, "energy": 18.262668, "activity_lines": [ 28.320961, 28.608575, 28.169139, 27.846867 ] }, { "date": "2024-06-21", "close": 27.849135, "volume": 43221, "typical_volume": 22442.0, "trend": 27.585863, "fair_value": 24.439451, "relative_strength": -19.656704, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 26.375721, "energy": 17.995224, "activity_lines": [ 28.09227, 28.436236, 28.19518, 27.858359 ] }, { "date": "2024-06-28", "close": 28.383838, "volume": 6979, "typical_volume": 22277.35, "trend": 27.539775, "fair_value": 24.478132, "relative_strength": -17.599417, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 24.033353, "energy": 17.291837, "activity_lines": [ 28.127873, 28.388198, 28.262707, 27.909841 ] }, { "date": "2024-07-05", "close": 28.616128, "volume": 7571, "typical_volume": 20475.2, "trend": 27.645914, "fair_value": 24.519371, "relative_strength": -19.265911, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 30.926892, "energy": 16.209594, "activity_lines": [ 28.26484, 28.399754, 28.342282, 27.979283 ] }, { "date": "2024-07-12", "close": 27.999794, "volume": 18087, "typical_volume": 21165.3, "trend": 27.706739, "fair_value": 24.555565, "relative_strength": -20.378487, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 16.19427, "energy": 8.983862, "activity_lines": [ 28.207818, 28.294003, 28.347519, 28.002114 ] }, { "date": "2024-07-19", "close": 28.762221, "volume": 12626, "typical_volume": 21046.25, "trend": 27.764598, "fair_value": 24.601705, "relative_strength": -14.353732, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 36.397309, "energy": 19.343534, "activity_lines": [ 28.418365, 28.348099, 28.413925, 28.07021 ] }, { "date": "2024-07-26", "close": 28.077407, "volume": 10310, "typical_volume": 19499.0, "trend": 27.74195, "fair_value": 24.647576, "relative_strength": -13.737614, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 27.565567, "energy": 14.465369, "activity_lines": [ 28.33676, 28.284225, 28.405358, 28.090391 ] }, { "date": "2024-08-02", "close": 28.077407, "volume": 2164, "typical_volume": 18156.3, "trend": 27.718706, "fair_value": 24.690318, "relative_strength": -10.501995, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 24.828014, "energy": 10.668867, "activity_lines": [ 28.239936, 28.239671, 28.388814, 28.112034 ] }, { "date": "2024-08-09", "close": 29.304595, "volume": 7113, "typical_volume": 14876.95, "trend": 27.729234, "fair_value": 24.735919, "relative_strength": -6.436965, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 43.703367, "energy": 22.361007, "activity_lines": [ 28.572604, 28.430341, 28.482654, 28.214349 ] }, { "date": "2024-08-16", "close": 28.565908, "volume": 8219, "typical_volume": 13272.65, "trend": 27.790435, "fair_value": 24.783409, "relative_strength": -12.889553, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 29.320815, "energy": 15.634539, "activity_lines": [ 28.613145, 28.477311, 28.491259, 28.268328 ] }, { "date": "2024-08-23", "close": 29.218765, "volume": 10175, "typical_volume": 13548.5, "trend": 27.878973, "fair_value": 24.831433, "relative_strength": -11.194767, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 50.282898, "energy": 30.323433, "activity_lines": [ 28.833564, 28.636352, 28.557252, 28.360478 ] }, { "date": "2024-08-30", "close": 29.675582, "volume": 3552, "typical_volume": 11713.3, "trend": 28.005929, "fair_value": 24.882072, "relative_strength": -8.581157, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 56.797633, "energy": 46.503407, "activity_lines": [ 29.175819, 28.852727, 28.655759, 28.476389 ] }, { "date": "2024-09-06", "close": 29.337466, "volume": 17451, "typical_volume": 12332.35, "trend": 28.108235, "fair_value": 24.931378, "relative_strength": -3.575128, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 51.443613, "energy": 42.955897, "activity_lines": [ 29.298824, 28.974418, 28.72046, 28.562294 ] }, { "date": "2024-09-13", "close": 30.131851, "volume": 7195, "typical_volume": 12653.25, "trend": 28.268239, "fair_value": 24.981082, "relative_strength": -5.994547, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.09018, "energy": 55.271321, "activity_lines": [ 29.60262, 29.223204, 28.860822, 28.69285 ] }, { "date": "2024-09-20", "close": 29.675308, "volume": 8994, "typical_volume": 13079.6, "trend": 28.404189, "fair_value": 25.025541, "relative_strength": -8.163585, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 54.820852, "energy": 49.300349, "activity_lines": [ 29.699085, 29.361424, 28.949112, 28.783629 ] }, { "date": "2024-09-27", "close": 29.903579, "volume": 2868, "typical_volume": 12765.6, "trend": 28.510499, "fair_value": 25.07458, "relative_strength": -7.788189, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 58.186939, "energy": 45.385117, "activity_lines": [ 29.79768, 29.510683, 29.056723, 28.880364 ] }, { "date": "2024-10-04", "close": 31.353469, "volume": 27591, "typical_volume": 12490.85, "trend": 28.675545, "fair_value": 25.138368, "relative_strength": -2.768601, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 75.090369, "energy": 61.707542, "activity_lines": [ 30.333917, 29.902807, 29.298696, 29.063781 ] }, { "date": "2024-10-11", "close": 30.910571, "volume": 18219, "typical_volume": 12258.95, "trend": 28.815422, "fair_value": 25.20058, "relative_strength": -4.619203, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 64.620847, "energy": 57.054406, "activity_lines": [ 30.610662, 30.15484, 29.487948, 29.207976 ] }, { "date": "2024-10-18", "close": 31.556464, "volume": 5879, "typical_volume": 12286.85, "trend": 28.994668, "fair_value": 25.268617, "relative_strength": -2.154674, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 71.239026, "energy": 67.62598, "activity_lines": [ 30.997832, 30.472795, 29.728391, 29.384818 ] }, { "date": "2024-10-25", "close": 31.371923, "volume": 9112, "typical_volume": 12141.25, "trend": 29.121723, "fair_value": 25.336787, "relative_strength": -2.005193, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.566283, "energy": 68.77909, "activity_lines": [ 31.228513, 30.716255, 29.938076, 29.538189 ] }, { "date": "2024-11-01", "close": 31.371923, "volume": 15963, "typical_volume": 12164.45, "trend": 29.270444, "fair_value": 25.399956, "relative_strength": 0.188114, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.859425, "energy": 61.940114, "activity_lines": [ 31.346087, 30.908696, 30.132662, 29.683363 ] }, { "date": "2024-11-08", "close": 31.64735, "volume": 10228, "typical_volume": 10514.8, "trend": 29.347401, "fair_value": 25.464627, "relative_strength": -3.615842, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.368558, "energy": 53.988857, "activity_lines": [ 31.457581, 31.112066, 30.336489, 29.836712 ] }, { "date": "2024-11-15", "close": 32.294626, "volume": 15572, "typical_volume": 10944.45, "trend": 29.445934, "fair_value": 25.533447, "relative_strength": 2.260496, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 70.82757, "energy": 51.401546, "activity_lines": [ 31.765241, 31.397272, 30.583874, 30.026856 ] }, { "date": "2024-11-22", "close": 32.294626, "volume": 8328, "typical_volume": 10982.3, "trend": 29.578169, "fair_value": 25.602268, "relative_strength": 0.845879, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 68.7092, "energy": 53.348216, "activity_lines": [ 31.98063, 31.628712, 30.812637, 30.210642 ] }, { "date": "2024-11-29", "close": 33.577185, "volume": 29221, "typical_volume": 11539.0, "trend": 29.725171, "fair_value": 25.681152, "relative_strength": 4.386778, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 80.532481, "energy": 69.472717, "activity_lines": [ 32.574329, 32.054021, 31.146032, 30.468643 ] }, { "date": "2024-12-06", "close": 33.21733, "volume": 60866, "typical_volume": 13951.0, "trend": 29.861683, "fair_value": 25.756413, "relative_strength": 0.051605, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 70.517553, "energy": 70.54697, "activity_lines": [ 32.901058, 32.342959, 31.418595, 30.693944 ] }, { "date": "2024-12-13", "close": 33.448006, "volume": 13551, "typical_volume": 14113.05, "trend": 30.005282, "fair_value": 25.831838, "relative_strength": 0.03746, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 70.368168, "energy": 72.545137, "activity_lines": [ 33.181652, 32.613588, 31.691913, 30.925319 ] }, { "date": "2024-12-20", "close": 33.21733, "volume": 25323, "typical_volume": 15271.0, "trend": 30.154432, "fair_value": 25.911576, "relative_strength": 1.697425, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.61374, "energy": 59.82337, "activity_lines": [ 33.265311, 32.804194, 31.917688, 31.132548 ] }, { "date": "2024-12-27", "close": 33.21733, "volume": 28283, "typical_volume": 16329.5, "trend": 30.302077, "fair_value": 25.990943, "relative_strength": 0.995276, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 59.968275, "energy": 46.958974, "activity_lines": [ 33.287456, 32.952858, 32.118987, 31.330155 ] }, { "date": "2025-01-03", "close": 33.645941, "volume": 23199, "typical_volume": 17078.5, "trend": 30.483569, "fair_value": 26.06923, "relative_strength": 3.338525, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.100819, "energy": 48.02679, "activity_lines": [ 33.390957, 33.149254, 32.342474, 31.545888 ] }, { "date": "2025-01-10", "close": 33.170742, "volume": 6852, "typical_volume": 16912.35, "trend": 30.66246, "fair_value": 26.139688, "relative_strength": 4.352273, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 56.407645, "energy": 41.023879, "activity_lines": [ 33.331475, 33.217904, 32.496513, 31.719254 ] }, { "date": "2025-01-17", "close": 32.388062, "volume": 27185, "typical_volume": 18094.0, "trend": 30.813758, "fair_value": 26.208849, "relative_strength": -0.897799, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 41.507081, "energy": 28.417847, "activity_lines": [ 33.014206, 33.111544, 32.557192, 31.830583 ] }, { "date": "2025-01-24", "close": 34.475209, "volume": 7291, "typical_volume": 17586.0, "trend": 31.016803, "fair_value": 26.291655, "relative_strength": 3.851827, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.975223, "energy": 38.525173, "activity_lines": [ 33.463315, 33.371197, 32.80373, 32.066806 ] }, { "date": "2025-01-31", "close": 33.515494, "volume": 16703, "typical_volume": 18061.4, "trend": 31.180115, "fair_value": 26.366768, "relative_strength": 2.269269, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 51.113217, "energy": 30.846224, "activity_lines": [ 33.508661, 33.416709, 32.934402, 32.228012 ] }, { "date": "2025-02-07", "close": 33.524812, "volume": 4548, "typical_volume": 17839.1, "trend": 31.364283, "fair_value": 26.443003, "relative_strength": 2.060258, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 51.076814, "energy": 31.346237, "activity_lines": [ 33.537235, 33.441718, 33.049849, 32.379282 ] }, { "date": "2025-02-14", "close": 33.813658, "volume": 4275, "typical_volume": 17909.45, "trend": 31.532664, "fair_value": 26.519336, "relative_strength": -0.085349, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 54.852203, "energy": 36.163255, "activity_lines": [ 33.670167, 33.520196, 33.174473, 32.537306 ] }, { "date": "2025-02-21", "close": 33.580717, "volume": 4622, "typical_volume": 16761.0, "trend": 31.716108, "fair_value": 26.593273, "relative_strength": 1.351639, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 49.826464, "energy": 29.536297, "activity_lines": [ 33.68259, 33.54548, 33.258294, 32.669439 ] }, { "date": "2025-02-28", "close": 31.130182, "volume": 12491, "typical_volume": 16474.6, "trend": 31.817867, "fair_value": 26.653945, "relative_strength": -2.761392, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 11.40381, "energy": 8.466296, "activity_lines": [ 32.798658, 33.122798, 33.098124, 32.631637 ] }, { "date": "2025-03-07", "close": 32.658273, "volume": 10113, "typical_volume": 16686.3, "trend": 31.929656, "fair_value": 26.725104, "relative_strength": 5.219588, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 16.662066, "energy": 12.504917, "activity_lines": [ 32.647091, 33.0159, 33.082441, 32.685857 ] }, { "date": "2025-03-14", "close": 33.128813, "volume": 70606, "typical_volume": 19761.0, "trend": 32.081753, "fair_value": 26.797632, "relative_strength": 9.197319, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 16.180757, "energy": 13.197627, "activity_lines": [ 32.70952, 33.004719, 33.106324, 32.763222 ] }, { "date": "2025-03-21", "close": 33.869564, "volume": 10157, "typical_volume": 19470.7, "trend": 32.23678, "fair_value": 26.874425, "relative_strength": 10.976259, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 28.615507, "energy": 15.575593, "activity_lines": [ 33.045265, 33.137622, 33.19239, 32.878565 ] }, { "date": "2025-03-28", "close": 32.317209, "volume": 17974, "typical_volume": 19858.0, "trend": 32.324834, "fair_value": 26.94065, "relative_strength": 8.20709, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 10.274586, "energy": 5.676303, "activity_lines": [ 32.859831, 32.975573, 33.118718, 32.883754 ] }, { "date": "2025-04-04", "close": 29.570575, "volume": 27776, "typical_volume": 20468.2, "trend": 32.332604, "fair_value": 26.989402, "relative_strength": 9.568281, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -31.636676, "energy": 29.866732, "activity_lines": [ 31.843087, 32.315424, 32.780272, 32.70606 ] }, { "date": "2025-04-11", "close": 28.158779, "volume": 33504, "typical_volume": 21727.0, "trend": 32.266835, "fair_value": 27.029856, "relative_strength": -2.791058, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -48.802167, "energy": 58.949432, "activity_lines": [ 30.459718, 31.487761, 32.320341, 32.43678 ] }, { "date": "2025-04-18", "close": 28.018032, "volume": 11510, "typical_volume": 20841.45, "trend": 32.211592, "fair_value": 27.069032, "relative_strength": -0.791359, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -75.822227, "energy": 80.437478, "activity_lines": [ 29.329399, 30.731901, 31.8667, 32.162664 ] }, { "date": "2025-04-25", "close": 27.039202, "volume": 26205, "typical_volume": 19108.4, "trend": 32.116113, "fair_value": 27.103167, "relative_strength": -9.780421, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -79.777219, "energy": 88.344291, "activity_lines": [ 28.213522, 29.898196, 31.34631, 31.828962 ] }, { "date": "2025-05-02", "close": 26.747547, "volume": 7585, "typical_volume": 18810.1, "trend": 31.962582, "fair_value": 27.135111, "relative_strength": -13.39136, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -78.331433, "energy": 91.157281, "activity_lines": [ 27.455785, 29.134635, 30.827562, 31.482602 ] }, { "date": "2025-05-09", "close": 26.803996, "volume": 18415, "typical_volume": 18464.7, "trend": 31.825697, "fair_value": 27.16703, "relative_strength": -12.754233, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -72.073693, "energy": 86.703032, "activity_lines": [ 27.088174, 28.505576, 30.346098, 31.14979 ] }, { "date": "2025-05-16", "close": 28.234045, "volume": 82668, "typical_volume": 21183.95, "trend": 31.714949, "fair_value": 27.20582, "relative_strength": -13.726461, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.486804, "energy": 69.730968, "activity_lines": [ 27.381686, 28.215185, 30.031368, 30.918071 ] }, { "date": "2025-05-23", "close": 28.346943, "volume": 33970, "typical_volume": 21722.5, "trend": 31.614117, "fair_value": 27.243831, "relative_strength": -11.09062, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.584184, "energy": 50.256829, "activity_lines": [ 27.707812, 28.02576, 29.75112, 30.70078 ] }, { "date": "2025-05-30", "close": 28.299902, "volume": 20356, "typical_volume": 22397.7, "trend": 31.511716, "fair_value": 27.28036, "relative_strength": -12.664418, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -48.669719, "energy": 40.049811, "activity_lines": [ 27.99633, 27.914726, 29.491626, 30.48696 ] }, { "date": "2025-06-06", "close": 29.424184, "volume": 1064, "typical_volume": 21091.65, "trend": 31.43761, "fair_value": 27.325843, "relative_strength": -10.889049, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -41.653049, "energy": 27.417917, "activity_lines": [ 28.575563, 28.109374, 29.362401, 30.35228 ] }, { "date": "2025-06-13", "close": 30.57669, "volume": 9442, "typical_volume": 21199.2, "trend": 31.380346, "fair_value": 27.379474, "relative_strength": -6.868456, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -28.867861, "energy": 21.983431, "activity_lines": [ 29.360522, 28.566168, 29.357051, 30.296737 ] }, { "date": "2025-06-20", "close": 30.915385, "volume": 1918, "typical_volume": 20459.95, "trend": 31.334371, "fair_value": 27.438148, "relative_strength": -5.823267, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -14.163873, "energy": 20.597681, "activity_lines": [ 30.006866, 29.066251, 29.402523, 30.26674 ] }, { "date": "2025-06-27", "close": 30.852432, "volume": 3156, "typical_volume": 20390.35, "trend": 31.243546, "fair_value": 27.495172, "relative_strength": -9.669565, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -1.034444, "energy": 18.696539, "activity_lines": [ 30.453469, 29.504767, 29.454381, 30.235647 ] }, { "date": "2025-07-04", "close": 29.802774, "volume": 1218, "typical_volume": 20237.5, "trend": 31.129728, "fair_value": 27.547112, "relative_strength": -13.900838, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -4.693302, "energy": 20.290449, "activity_lines": [ 30.383154, 29.700902, 29.418997, 30.142694 ] }, { "date": "2025-07-11", "close": 28.899371, "volume": 24744, "typical_volume": 21243.6, "trend": 30.978106, "fair_value": 27.58349, "relative_strength": -16.08311, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -16.959752, "energy": 15.408896, "activity_lines": [ 29.911514, 29.682535, 29.316674, 29.9988 ] }, { "date": "2025-07-18", "close": 30.14987, "volume": 1704, "typical_volume": 20704.25, "trend": 30.875858, "fair_value": 27.634602, "relative_strength": -13.361746, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -8.478139, "energy": 7.094684, "activity_lines": [ 29.891694, 29.852407, 29.355738, 29.945365 ] }, { "date": "2025-07-25", "close": 28.623596, "volume": 8015, "typical_volume": 20599.35, "trend": 30.722733, "fair_value": 27.673439, "relative_strength": -18.224792, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -36.624225, "energy": 21.576652, "activity_lines": [ 29.39157, 29.683941, 29.254111, 29.800058 ] }, { "date": "2025-08-01", "close": 29.277279, "volume": 3518, "typical_volume": 17244.95, "trend": 30.577111, "fair_value": 27.722966, "relative_strength": -14.202592, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -30.698123, "energy": 20.168269, "activity_lines": [ 29.262127, 29.627244, 29.233953, 29.706803 ] }, { "date": "2025-08-08", "close": 27.21619, "volume": 52474, "typical_volume": 19360.8, "trend": 30.378626, "fair_value": 27.758523, "relative_strength": -22.676196, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -53.902548, "energy": 37.504302, "activity_lines": [ 28.550664, 29.178887, 29.03584, 29.489969 ] }, { "date": "2025-08-15", "close": 28.034007, "volume": 35011, "typical_volume": 20212.65, "trend": 30.233491, "fair_value": 27.79916, "relative_strength": -20.440061, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -55.108278, "energy": 48.153707, "activity_lines": [ 28.284246, 28.898929, 28.947298, 29.338704 ] }, { "date": "2025-08-22", "close": 28.190913, "volume": 21685, "typical_volume": 19908.1, "trend": 30.024014, "fair_value": 27.842537, "relative_strength": -18.939052, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -50.854438, "energy": 47.370341, "activity_lines": [ 28.127821, 28.672775, 28.894096, 29.206924 ] }, { "date": "2025-08-29", "close": 28.221249, "volume": 11435, "typical_volume": 18804.65, "trend": 29.84754, "fair_value": 27.887029, "relative_strength": -18.28785, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -52.033954, "energy": 45.940966, "activity_lines": [ 28.112105, 28.495515, 28.850352, 29.090617 ] }, { "date": "2025-09-05", "close": 28.528501, "volume": 13412, "typical_volume": 18899.75, "trend": 29.680996, "fair_value": 27.934465, "relative_strength": -17.786135, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -48.056317, "energy": 28.206584, "activity_lines": [ 28.22563, 28.423103, 28.835573, 29.005518 ] }, { "date": "2025-09-12", "close": 28.463646, "volume": 12041, "typical_volume": 18191.55, "trend": 29.502662, "fair_value": 27.987445, "relative_strength": -19.061706, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -45.915391, "energy": 23.444927, "activity_lines": [ 28.367454, 28.381152, 28.812187, 28.926979 ] }, { "date": "2025-09-19", "close": 28.414387, "volume": 12508, "typical_volume": 18437.7, "trend": 29.330451, "fair_value": 28.048886, "relative_strength": -20.544298, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -34.01715, "energy": 16.877526, "activity_lines": [ 28.409696, 28.354593, 28.777326, 28.856768 ] }, { "date": "2025-09-26", "close": 28.480953, "volume": 20079, "typical_volume": 18520.9, "trend": 29.242144, "fair_value": 28.111891, "relative_strength": -19.637155, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -31.678593, "energy": 14.659925, "activity_lines": [ 28.448767, 28.348955, 28.740867, 28.801961 ] }, { "date": "2025-10-03", "close": 28.689713, "volume": 12411, "typical_volume": 15008.05, "trend": 29.109858, "fair_value": 28.178991, "relative_strength": -19.570534, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -30.14111, "energy": 12.806748, "activity_lines": [ 28.538089, 28.411617, 28.716305, 28.766321 ] }, { "date": "2025-10-10", "close": 28.564599, "volume": 6804, "typical_volume": 13649.75, "trend": 28.957718, "fair_value": 28.247097, "relative_strength": -17.67394, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -29.721187, "energy": 12.529416, "activity_lines": [ 28.554475, 28.450328, 28.677657, 28.731143 ] }, { "date": "2025-10-17", "close": 27.905342, "volume": 13034, "typical_volume": 13283.65, "trend": 28.75891, "fair_value": 28.312182, "relative_strength": -21.032446, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -49.890933, "energy": 22.025089, "activity_lines": [ 28.348703, 28.382133, 28.575187, 28.663247 ] }, { "date": "2025-10-24", "close": 27.74173, "volume": 20729, "typical_volume": 14266.9, "trend": 28.606394, "fair_value": 28.357262, "relative_strength": -22.69527, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -53.457101, "energy": 31.665211, "activity_lines": [ 28.125613, 28.27166, 28.459013, 28.597623 ] }, { "date": "2025-10-31", "close": 28.150662, "volume": 5668, "typical_volume": 14078.2, "trend": 28.559064, "fair_value": 28.408141, "relative_strength": -22.537208, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -19.803327, "energy": 25.401635, "activity_lines": [ 28.083678, 28.240853, 28.389797, 28.568221 ] }, { "date": "2025-11-07", "close": 27.669549, "volume": 14486, "typical_volume": 14706.6, "trend": 28.542756, "fair_value": 28.450731, "relative_strength": -21.013418, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -56.71304, "energy": 49.281021, "activity_lines": [ 27.903391, 28.123302, 28.286313, 28.510833 ] }, { "date": "2025-11-14", "close": 26.659009, "volume": 36249, "typical_volume": 16361.25, "trend": 28.497456, "fair_value": 28.492815, "relative_strength": -23.233199, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -73.435998, "energy": 65.488305, "activity_lines": [ 27.454269, 27.832048, 28.102044, 28.389301 ] }, { "date": "2025-11-21", "close": 25.985316, "volume": 36563, "typical_volume": 18128.5, "trend": 28.462326, "fair_value": 28.529704, "relative_strength": -22.262184, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -82.285582, "energy": 78.465398, "activity_lines": [ 26.907621, 27.452294, 27.873582, 28.227227 ] }, { "date": "2025-11-28", "close": 26.966983, "volume": 105011, "typical_volume": 22141.85, "trend": 28.469641, "fair_value": 28.566749, "relative_strength": -22.530622, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.382225, "energy": 69.979131, "activity_lines": [ 26.816198, 27.296086, 27.75679, 28.130753 ] }, { "date": "2025-12-05", "close": 26.947735, "volume": 10114, "typical_volume": 22562.35, "trend": 28.474432, "fair_value": 28.604273, "relative_strength": -22.819771, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -59.460277, "energy": 65.90531, "activity_lines": [ 26.770008, 27.162695, 27.647367, 28.032566 ] }, { "date": "2025-12-12", "close": 27.324714, "volume": 11675, "typical_volume": 22745.35, "trend": 28.444121, "fair_value": 28.650844, "relative_strength": -19.705996, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -56.377579, "energy": 43.381208, "activity_lines": [ 26.929673, 27.125723, 27.589095, 27.95839 ] }, { "date": "2025-12-19", "close": 26.755251, "volume": 6790, "typical_volume": 22908.95, "trend": 28.391064, "fair_value": 28.691609, "relative_strength": -21.242187, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -56.401043, "energy": 34.514318, "activity_lines": [ 26.922507, 27.010029, 27.482774, 27.849431 ] }, { "date": "2025-12-26", "close": 27.189916, "volume": 14388, "typical_volume": 21004.65, "trend": 28.354065, "fair_value": 28.736821, "relative_strength": -20.377583, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -40.120274, "energy": 24.996482, "activity_lines": [ 27.053812, 27.006263, 27.429859, 27.771938 ] }, { "date": "2026-01-02", "close": 28.008537, "volume": 19803, "typical_volume": 20244.25, "trend": 28.306877, "fair_value": 28.766903, "relative_strength": -15.963131, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -26.106462, "energy": 14.773207, "activity_lines": [ 27.377684, 27.164345, 27.455033, 27.749646 ] }, { "date": "2026-01-09", "close": 27.903286, "volume": 18771, "typical_volume": 20098.55, "trend": 28.217763, "fair_value": 28.794593, "relative_strength": -17.467523, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -22.562284, "energy": 14.633096, "activity_lines": [ 27.597036, 27.29844, 27.470305, 27.723607 ] }, { "date": "2026-01-16", "close": 28.06701, "volume": 15227, "typical_volume": 20288.15, "trend": 28.122817, "fair_value": 28.809876, "relative_strength": -15.746143, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -14.166766, "energy": 15.962393, "activity_lines": [ 27.807259, 27.4668, 27.502539, 27.713881 ] }, { "date": "2026-01-23", "close": 28.26192, "volume": 20443, "typical_volume": 20639.7, "trend": 28.036467, "fair_value": 28.827682, "relative_strength": -14.747385, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -0.315045, "energy": 14.965176, "activity_lines": [ 28.032966, 27.663371, 27.55407, 27.722856 ] }, { "date": "2026-01-30", "close": 27.901337, "volume": 8349, "typical_volume": 20455.1, "trend": 27.973086, "fair_value": 28.851484, "relative_strength": -15.118288, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 13.701047, "energy": 17.368749, "activity_lines": [ 28.038034, 27.765239, 27.57253, 27.714138 ] }, { "date": "2026-02-06", "close": 27.872101, "volume": 27985, "typical_volume": 21228.95, "trend": 27.938843, "fair_value": 28.868619, "relative_strength": -12.914696, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 12.654549, "energy": 14.344645, "activity_lines": [ 27.985928, 27.826954, 27.590882, 27.707623 ] }, { "date": "2026-02-13", "close": 27.501772, "volume": 35440, "typical_volume": 21997.0, "trend": 27.850573, "fair_value": 28.883103, "relative_strength": -12.408101, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -12.676293, "energy": 9.122087, "activity_lines": [ 27.819475, 27.804879, 27.576548, 27.679424 ] }, { "date": "2026-02-20", "close": 28.222938, "volume": 21285, "typical_volume": 22440.7, "trend": 27.837218, "fair_value": 28.904065, "relative_strength": -10.541631, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 13.723228, "energy": 8.38292, "activity_lines": [ 27.920178, 27.903853, 27.635559, 27.703448 ] }, { "date": "2026-02-27", "close": 27.180171, "volume": 33248, "typical_volume": 23762.9, "trend": 27.767315, "fair_value": 28.920474, "relative_strength": -13.089082, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -18.073441, "energy": 10.776017, "activity_lines": [ 27.662897, 27.796901, 27.597481, 27.661058 ] }, { "date": "2026-03-06", "close": 27.774646, "volume": 14299, "typical_volume": 23826.15, "trend": 27.78593, "fair_value": 28.937981, "relative_strength": -9.380315, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -9.99584, "energy": 7.765143, "activity_lines": [ 27.675892, 27.790309, 27.622613, 27.661531 ] }, { "date": "2026-03-13", "close": 28.26192, "volume": 39439, "typical_volume": 24761.65, "trend": 27.793527, "fair_value": 28.967472, "relative_strength": -6.083115, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 12.94868, "energy": 7.689975, "activity_lines": [ 27.859756, 27.861682, 27.694774, 27.69224 ] }, { "date": "2026-03-20", "close": 28.447084, "volume": 35657, "typical_volume": 26261.1, "trend": 27.802066, "fair_value": 28.994223, "relative_strength": -2.76547, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 23.969756, "energy": 16.584463, "activity_lines": [ 28.079355, 27.962113, 27.782092, 27.734405 ] }, { "date": "2026-03-27", "close": 26.918202, "volume": 13229, "typical_volume": 26198.25, "trend": 27.758631, "fair_value": 29.009497, "relative_strength": -4.140059, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -11.777868, "energy": 6.040723, "activity_lines": [ 27.726305, 27.774679, 27.722392, 27.677381 ] }, { "date": "2026-04-03", "close": 27.174659, "volume": 5181, "typical_volume": 24644.85, "trend": 27.713503, "fair_value": 29.027254, "relative_strength": -6.069538, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -37.756684, "energy": 15.787213, "activity_lines": [ 27.545723, 27.654761, 27.690693, 27.639706 ] }, { "date": "2026-04-10", "close": 27.450845, "volume": 8142, "typical_volume": 23223.8, "trend": 27.679743, "fair_value": 29.04561, "relative_strength": -8.549301, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -14.73632, "energy": 13.141469, "activity_lines": [ 27.45757, 27.604827, 27.682843, 27.62276 ] }, { "date": "2026-04-17", "close": 28.190627, "volume": 7230, "typical_volume": 18334.75, "trend": 27.672284, "fair_value": 29.072058, "relative_strength": -10.857022, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -2.985618, "energy": 7.017207, "activity_lines": [ 27.637599, 27.697589, 27.738469, 27.65572 ] }, { "date": "2026-04-24", "close": 27.416322, "volume": 4611, "typical_volume": 18059.6, "trend": 27.636797, "fair_value": 29.092257, "relative_strength": -14.630796, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -7.702944, "energy": 7.623847, "activity_lines": [ 27.564278, 27.643778, 27.714525, 27.639207 ] }, { "date": "2026-05-01", "close": 26.947793, "volume": 9736, "typical_volume": 17962.65, "trend": 27.578733, "fair_value": 29.108201, "relative_strength": -16.874072, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -17.191757, "energy": 12.609347, "activity_lines": [ 27.403499, 27.506332, 27.643728, 27.594755 ] }, { "date": "2026-05-08", "close": 27.312752, "volume": 28130, "typical_volume": 19029.65, "trend": 27.537004, "fair_value": 29.121199, "relative_strength": -19.602833, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -9.587674, "energy": 6.955307, "activity_lines": [ 27.3624, 27.458428, 27.609484, 27.577595 ] }, { "date": "2026-05-15", "close": 27.480436, "volume": 23649, "typical_volume": 19492.7, "trend": 27.522841, "fair_value": 29.156504, "relative_strength": -18.334688, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -8.332599, "energy": 11.751938, "activity_lines": [ 27.367989, 27.438601, 27.588555, 27.573945 ] }, { "date": "2026-05-22", "close": 26.513787, "volume": 15433, "typical_volume": 19274.2, "trend": 27.481909, "fair_value": 29.175834, "relative_strength": -21.55146, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -29.856383, "energy": 28.83962, "activity_lines": [ 27.04939, 27.248369, 27.47418, 27.508845 ] }, { "date": "2026-05-29", "close": 26.632153, "volume": 24836, "typical_volume": 19577.45, "trend": 27.431292, "fair_value": 29.193242, "relative_strength": -22.830525, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "mixed", "direction": -29.097187, "energy": 30.817084, "activity_lines": [ 26.882035, 27.111442, 27.378197, 27.454022 ] }, { "date": "2026-06-05", "close": 26.31158, "volume": 26485, "typical_volume": 20140.35, "trend": 27.386027, "fair_value": 29.179904, "relative_strength": -19.554595, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.09592, "energy": 48.578044, "activity_lines": [ 26.6601, 26.949228, 27.257735, 27.381782 ] }, { "date": "2026-06-12", "close": 25.438638, "volume": 30000, "typical_volume": 20618.2, "trend": 27.345348, "fair_value": 29.154462, "relative_strength": -23.247932, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -71.634718, "energy": 64.701775, "activity_lines": [ 26.189599, 26.639326, 27.062496, 27.256145 ] }, { "date": "2026-06-19", "close": 25.34, "volume": 28924, "typical_volume": 21646.95, "trend": 27.323837, "fair_value": 29.127215, "relative_strength": -24.758482, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -69.790093, "energy": 68.247883, "activity_lines": [ 25.811159, 26.343055, 26.871307, 27.126767 ] }, { "date": "2026-06-26", "close": 25.03, "volume": 66719, "typical_volume": 23583.65, "trend": 27.259271, "fair_value": 29.098599, "relative_strength": -21.478723, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -72.950988, "energy": 73.825295, "activity_lines": [ 25.472082, 26.028799, 26.66279, 26.978778 ] }, { "date": "2026-07-03", "close": 25.05, "volume": 106839, "typical_volume": 27153.6, "trend": 27.196013, "fair_value": 29.069211, "relative_strength": -21.462982, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -68.463406, "energy": 72.821755, "activity_lines": [ 25.23859, 25.775645, 26.469712, 26.836244 ] }, { "date": "2026-07-10", "close": 26.11, "volume": 57728, "typical_volume": 28975.75, "trend": 27.155523, "fair_value": 29.053597, "relative_strength": -19.027513, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.597245, "energy": 54.917909, "activity_lines": [ 25.463909, 25.758242, 26.389262, 26.766179 ] }, { "date": "2026-07-17", "close": 27.38, "volume": 22123, "typical_volume": 28419.5, "trend": 27.176348, "fair_value": 29.034135, "relative_strength": -10.842639, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -29.602712, "energy": 20.394113, "activity_lines": [ 26.126, 25.986981, 26.439826, 26.780661 ] }, { "date": "2026-07-24", "close": 27.0001, "volume": 5239, "typical_volume": 27966.5, "trend": 27.170021, "fair_value": 29.013448, "relative_strength": -10.213024, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -25.55385, "energy": 17.890316, "activity_lines": [ 26.532033, 26.145425, 26.453257, 26.76929 ] }, { "date": "2026-07-31", "close": 27.5, "volume": 42131, "typical_volume": 28101.1, "trend": 27.153069, "fair_value": 28.992954, "relative_strength": -8.526818, "stage": 1, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -9.849101, "energy": 20.080741, "activity_lines": [ 26.994027, 26.403493, 26.517986, 26.790579 ] }, { "date": "2026-08-07", "close": 27.97, "volume": 31680, "typical_volume": 27902.25, "trend": 27.155293, "fair_value": 28.975473, "relative_strength": -11.125736, "stage": 1, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "mixed", "direction": 26.205611, "energy": 31.129616, "activity_lines": [ 27.44802, 26.729085, 26.631105, 26.843285 ] } ], "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." } } }